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Economic Calendar: Aug 22 – Aug 26
Monday August 22
(8:30 a.m. ET) Canada’s new housing price index for July. Analyst estimate is flat from June and up 7.4 per cent year-over-year.
(8:30 a.m. ET) U.S. Chicago Fed National Activity Index for July.
Earnings include: Palo Alto Networks Inc.
Tuesday August 23
Japan PMI and department store sales
Euro zone PI and consumer confidence
(9:45 a.m. ET) U.S. S&P Global PMIs for August.
(10 a.m. ET) U.S. new home sales for July. The Street is forecasting an annualized rate decline of 2.5 per cent.
Earnings include: Absolute Software Corp.; Bank of Nova Scotia; Intuit Inc.; Macy’s Inc.; Medtronic PLC
Wednesday August 24
Japan machine tool orders
(8:30 a.m. ET) Canada’s wholesale trade for July.
(8:30 a.m. ET) U.S. durable and core orders for July. The Street expects month-over-month increases of 0.8 per cent and 0.3 per cent, respectively.
(10 a.m. ET) U.S. pending home sales for July. The consensus expectation is a decline of 2.0 per cent.
Earnings include: Allkem Ltd.; Autodesk Inc.; National Bank of Canada; Nvidia Corp.; Royal Bank of Canada; Salesforce.com Inc.; Snowflake Inc.
Thursday August 25
(8:30 a.m. ET) Canadian manufacturing sales for July.
(8:30 a.m. ET) Canada’s Survey of Employment, Payrolls and Hours for June.
(8:30 a.m. ET) U.S. initial jobless claims for week of Aug. 20. Estimate is 252,000, down 2,000 from the previous week.
(8:30 a.m. ET) U.S. real GDP for Q2. Consensus is an annualized rate decline of 0.8 per cent.
(8:30 a.m. ET) U.S. pre-tax corporate profits for Q2. Estimate is a year-over-year rise of 2.1 per cent.
Also: Jackson Hole Economic Symposium (through Saturday).
Earnings include: Canadian Imperial Bank of Commerce; Canoe EIT Income Fund; Dollar General Corp.; Dollar Tree Inc.; Toronto-Dominion Bank; VMWare Inc.; Workday Inc.
Friday August 26
Germany consumer confidence
(8:30 a.m. ET) U.S. personal spending and income for July. The Street projects rises of 0.5 per cent and 0.6 per cent from June, respectively.
(8:30 a.m. ET) U.S. core PCE price index for July. Consensus is an increase of 0.3 per cent from June and up 4.8 per cent year-over-year.
(8:30 a.m. ET) U.S. goods trade deficit for July.
(8:30 a.m. ET) U.S. wholesale and trade inventories for July.
(10 a.m. ET) U.S. University of Michigan consumer sentiment for August.
(10 a.m. ET) U.S. Fed chair Jerome Powell speak on the economic outlook at the Jackson Hole Conference.
Also: Ottawa’s budget balance for June.
Earnings include: Canadian Western Bank; Dell Technologies Inc.


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On January 11, the Federal Trade Commission (FTC) announced it has settled with a California-based photo app developer involving allegations that it was building and using its users’ photos and videos to create facial recognition technology without their express consent.
Facial recognition software is typically comprised of three steps: detection, mapping, and identification. During the detection step, facial recognition software is developed to distinguish an individual’s face in an image or video from, say, a toaster. To do this, developers will train the software by introducing it to photos of known human faces. Once the software can distinguish a face from other objects, then it will analyze the face by mapping facial features, such as by measuring the width of the nose, eyes, mouth, and chin. Once the software has successfully mapped an individual’s facial features, it will typically then identify the individual in the image with the subject in question.
Organizations use facial recognition software in many ways, such as to verify international travelers or to track students on campus who may show COVID-19 symptoms. No matter how organizations use facial recognition software, the FTC’s recent proposed settlement with Everalbum, Inc. reminds organizations that they must first obtain consumers’ express consent before using facial recognition software.
Everalbum developed an app called Ever. The app allowed consumers to upload images from their devices to Ever’s cloud-based storage service. The FTC alleged that, since February 2017, Ever used facial recognition, by default, to “group users’ photos by the faces of the people who appear in them and allowed users to ‘tag’ people by name.” However, the facial recognition services were used beyond the Ever app to “develop [other] facial recognition services  to its enterprise customers” without users’ consent, the FTC alleged.
Additionally, Everalbum promised consumers that it would destroy the photos and videos of users who deactivated their account; however, the FTC alleged that Everalbum failed in meeting that promise.
In this week’s proposed settlement announcement, the FTC requires Everalbum to:
- Clearly and conspicuously disclose to its users all the purposes for which Everalbum will use and share biometric information;
- Obtain the affirmative express consent of the user who uploaded the biometric information;
- Destroy all photos and videos that Everalbum collected from users who requested deactivation of their Ever accounts;
- Destroy all facial mappings derived from users who did not provide their express affirmative consent; and
- Destroy any models or algorithms developed in whole or in part using the biometric information collected from users of the Ever application.
Although facial recognition software has garnered much attention under the Illinois’ Biometric Information Privacy Act (BIPA) in recent years, this week’s announcement is a reminder that the FTC continues to enforce and deprive wrongdoers of databases and technologies they build through the use of unlawfully collected biometric information.
The FTC and the state of Illinois are not the only ones with their sights on regulating facial recognition software. Texas, Washington, and New York lawmakers specifically deal with consumer protections relating to facial recognition technology. For instance, New York’s Assembly Bill A27 would provide a private right of action to consumers, up to $1,000 for negligent violations and $5,000 for intentional and reckless violations, of its Biometric Privacy Act.
Other states’ laws, such as the California Consumer Privacy Act (CCPA), implicate the use of facial recognition software through broader terms. Considering the broad definition of biometric information under the CCPA, which includes “an individual’s physiological, biological or behavioral characteristics[;]” coupled with the CCPA’s broad applicability, non-California organizations may still need to be aware of rights provided to California residents under the CCPA. To learn more about the CCPA, check out Troutman Pepper’s California Consumer Privacy Act Enforcement Series.
To read the FTC’s full proposed settlement, click here.

domain: news


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Toyota New Corolla Altis Facelift
Toyota New Corolla Altis Facelift Preview
Although the executive sedan class of cars aren’t quite the number crunchers in their price range, Toyota is bullish about the future of the Corolla Altis. Three years into the launch of the current generation Corolla Altis, Toyota is getting a facelifted version ready for launch.
Unveiled in pictures earlier this year, the Toyota Corolla Altis will look bolder and more aggressive than its predecessor. The front grille is now sleeker and wider with horizontally stacked headlamps on either side. While the international spec model will come with full LED headlights, the one that will come to India will sport a conventional xenon setup with Daytime Running Lamps. The front bumper has been remoulded and now houses a larger air dam and neat cut-outs for the circular fog lamps. Toyota hasn’t made any changes to the Corolla Altis’ profile, however it is safe to expect funkier looking alloy wheels. At the back too, the 2017 Corolla Altis will feature some styling tweaks like smoked LED taillights and a sleeker chrome garnish above the registration plate.
On the inside too, the Corolla Altis will come with minor updates. Toyota is likely to give its current infotainment system the boot and replace it with a larger 7-inch touchscreen unit. Toyota claims that this new system will feature a smart-phone like touch feel courtesy a high-strength glass face with drag and flick capability. Behind the wheel, the facelifted Corolla Altis will come with a 4.2-inch multi-information display with a refreshed instrumentation console.
Since it’s a facelift, this refreshed Corolla will retain the same engine from the current generation model. It will continue to be offered with a 1.8-litre petrol unit churning out 140 horses and a 1.4-litre diesel mill pumping just 88bhp.
Expect the refreshed version of the Toyota Corolla Altis to make it to India in early 2017. When launched it is expected to be priced marginally higher than its current Rs 13.79 lakh (ex-showroom Delhi) price point.


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Jumia Food Nigeria has added So Fresh, Nigeria’s leading fresh food chain, to its ever-growing catalogue of restaurants on its platform. This is in a bid to promote healthy living among Nigerians.
The announcement was made at a joint press conference held by the two companies on Wednesday, June 26, 2019 at the So Fresh Ogudu branch in Ojota, Lagos.
Managing Director of Jumia Food, Mr Guy Futi, while addressing newsmen at the briefing, said the company’s commitment to promoting and encouraging a healthy lifestyle among Nigerians necessitated the partnership.
“As a business, we are always looking for new ways to serve our customers, such as through a partnership like this. I am particularly excited with So Fresh because this is an opportunity for us to support and sustain healthy lifestyle among Nigerians through the consumption of fresh foods which customers can now order from So Fresh on Jumia Food.
“We remain focused on putting all our efforts into growing the business and becoming the largest on-demand platform in Nigeria”, Mr Futi said.
In his remarks, Chief Executive of So Fresh, Mr Goke Balogun, stated that the partnership agreement will help So Fresh leverage Jumia Food’s visibility to grow the brand.
“This is a natural partnership because Jumia Food is the leading and most reliable online food delivery platform in Nigeria while So Fresh is the number 1 healthy food chain in the country. We pioneered the healthy food industry in Nigeria and Jumia Food will help us deliver meals to our customers from the convenience of their homes and offices,” noted Mr Balogun
He further reiterated that this partnership will reinforce So Fresh’s mission to change the eating habits of Nigerian citizens, inspiring them to live fresh and live healthily.
“We will actively continue to drive our expansion across Lagos and other parts of the country and in the long run, this will enable more people to get on the healthy eating lifestyle.
“We, therefore, assure our customers that we are constantly striving to attain the highest standards in food safety, quality and most importantly customer satisfaction,” Mr Balogun added.
So Fresh was founded in 2010 as Fruitivegies, changed its name to So Fresh in 2013 and currently has 9 outlets in Lagos.
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“The Redmi TV boots the same PatchWall OS as the Xiaomi Mi TVs”
The Redmi TV with a 70-inch display, the first from the Xiaomi’s sub-brand, has been launched in China. The company took the wraps off the Redmi TV at the same event where it announced its first 64MP smartphone dubbed as Redmi Note 8 Pro. The Redmi smart TV is among the cheapest and slimmest 70-inch televisions. It comes with a near bezel-less display with 4K HDR resolution and runs the same Android-based PatchWall OS as its parent company’s Mi TV lineup. The TV also boasts built-in 16GB storage and 8GB RAM that lets you download apps, just like your smartphones.
Other features include an Amolgic 64-bit chipset ticking at its core, standard connectivity options such as Bluetooth 4.2, Wi-Fi, and 3x HDMI ports. As for the audio, the Redmi smart TV 70-inch is backed by Dolby Atmos and DTS HD. The Redmi smart TV 70-inch price in China is set at RMB 3,799 that roughly translates to Rs 39,900 in the Indian currency. The TV will go for sale in the country from September 10th. There is no word on the Redmi smart TV launch in India yet.
In addition to the smart TV, Redmi has launched a refreshed version of its RedmiBook 14 of earlier this year. The laptop seems to share most of its traits with the original RedmiBook 14, except for the processor, which is up to 10th-gen Intel Core i7 processor with 8GB RAM and 512GB SSD storage. The company claims that the new RedmiBook 14 is 13 percent faster than its predecessor. Other specifications of the machine include 14-inch full-HD display with ultra-narrow bezels, an Nvidia GeForce MX250 graphics card, and Intelligent Unlock 2.0 feature.
Coming to the price, the RedmiBook 14 starts at RMB 3,999 (~Rs 41,000) for the 10th-gen Intel Core i5 CPU with 8GB RAM and 256GB SSD variant whereas the 8GB RAM and 512GB storage variant will set you back to RMB 4,499 (46,0000). The top-end RedmiBook 14 model with the Core i7 processor and 512GB storage costs RMB 4,999 (~Rs 51,000). The machine will go for sale in China from September 6th.


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Daemon x machina, developed by Marvelous. Daemon x machina is one of the best games released on Nintendo switch. It has been confirmed by the Officials that this game will be updated on December 23 with a flight modification skill to the character’s body and the cooperative dungeon scan order, as explained by the company in a recent tweet .
Daemon X Machina is a third-person shooter action game developed and published by Marvelous for the Nintendo Switch. It was announced at E3 2018, and released on September 13, 2019.


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A collection of 140 classic and vintage vehicles, including a selection of rare vehicles from the world’s largest private collection of Mercedes Benz, will go up for auction in Johannesburg on 5 December.
High Street Auctions director and lead auctioneer Joff van Reenen said the sale comprises a portion of the collection amassed by the late ‘Oom Louis Coetzer’, making it one of South Africa’s biggest ever estate collector car auctions.
“Oom Louis’ collection – more than 350 cars in total – has become something of a legend over the years, as it outgrew barn after barn in Bloemfontein,” he said.
“His passion for and knowledge of Mercedes Benz collector cars in particular was unparalleled and it shows in the spectacular selection of Mercs that’ll go on auction in December.
“Collectors from across the world are showing interest in the catalogue which includes some of the most sought-after Benz designs of the past 70 years, as well as a vast number of American muscle cars and other assorted collector classics.”
Among the vehicles going under the hammer are:
- A 1958 Mercedes Benz owned by David Beresford Pratt, a South African businessman and anti-apartheid activist who shot Prime Minister Hendrik Verwoerd in 1960. Verwoerd survived, but was killed six years later by Dimitri Tsafendas;
- A 1964 Mercedes Benz Coupe 220SE;
- A 1967 Mercedes Benz 230S Fintail Station Wagon, believed to be the only model of this kind in South Africa;
- A 1958 Mercedes Benz 300;
- A 1957 Mercedes Benz Ponton 109 Station Wagon, believed to be the only model of this kind in the country;
- Various early Chevrolet Impalas and Belairs;
- A 1959 Chevrolet Kingswood Station Wagon;
- A 1958 MG Magnette;
- A 1962 Pontiac Parisienne Convertible; and a
- A 1979 Chevrolet Corvette.
Van Reenen said in a South African car auction first, virtual tours of every vehicle will be available online – from exterior walk-arounds to interior and engine bay tours.
“This has never before been done for any car auction but it’s essential for national and international enthusiasts who won’t be able to get to Johannesburg between Monday (30 November) and Friday (4 December) to view the cars at the Creative Rides showroom ahead of the sale on Saturday (5 December).”
Van Reenen says pre-registration with FICA documents is essential for all bidders, and a R25,000 registration fee is required to participate in the sale.


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CAT | Solutions
Choosing organically grown foods is not just a trend. More and more studies are finding that organic food is better for our health than foods grown using conventional farming methods (which typically include the heavy use of chemical-laden pesticides, herbicides and insecticides). If you haven’t yet made the switch, here are three good reasons to go organic.
- Boost Your Antioxidant Intake by up to 40%
Researchers from Newcastle University in the UK recently looked at more than 340 peer-reviewed studies on organic food and published their findings in the July issue of the British Journal of Nutrition. They determined that organic crops and crop-based foods were significantly higher (up to 69%) in key antioxidants such as phenolic acids, anthocyanins, flavanones and flavonols, and that choosing organic over conventionally grown foods could mean a 20–40% increase in antioxidant intake levels.i
- Drastically Reduce Pesticide Levels
The same analysis out of Newcastle University determined that conventional crops were significantly lower in residual pesticide levels and had lower levels of cadmium, a toxic heavy metal known to pose severe risks to human health.ii Cadmium levels were on average about 48% lower in organic crops, according to the study abstract. In line with these findings, a study conducted earlier this year at RMIT University in Australia found that going organic for just one week could reduce pesticide levels in the body by nearly 90%!
- Avoid Probiotic-killing Glyphosate
You may recall from a recent blog how researchers discovered that a chemical called glyphosate—widely used as an herbicide on conventionally grown crops—was shown to destroy the beneficial bacteria (probiotics) in the human gut that help protect us from illness and disease. Already linked to a broad range of disorders from birth defects to cell damage, scientists now believe glyphosate can cause a gut imbalance that can ultimately interfere with our healthy immune response—as well as impact healthy mood and behavior.
Worried about the expense of organic foods? There are ways around that—such as choosing in-season produce as well as locally farmed fruits and vegetables. This often cuts out travel and distribution costs and results in lower-priced organic selections.
Each year Vitamin Retailer magazine chooses a select list of natural supplements to receive a Vity Award for excellence based on a nationwide retailer survey, and here at ReNew Life we consider it the highest honor when one of our products is recognized. Products are judged based on ingredient quality, targeted health benefits and popularity with consumers, and this year our customers have made us doubly proud!
Because you continue to put our products at the top of your list of trusted supplements, ReNew Life brought home not one but TWO Vity Awards in 2014. Longtime consumer favorite CleanseSMART™ was rated the best Fiber/Internal Cleanse supplement, and our top-selling Ultimate Flora™ Senior Formula 30 Billion was voted #1 in the Probiotic/Enzyme category.
CleanseSMART is an advanced 30-day, 2-part, total-body internal cleanse formulated with more than 20 natural herbs and 9 deep-cleansing herbal extracts to help eliminate waste and toxins and restore digestive regularity.‡ It contains no fillers binders, or added artificial ingredients.
“We are so proud of this 10-time Vity Award winner. While many cleansing products focus primarily on the colon, CleanseSMART supports all 7 channels of elimination, including the colon—and the liver—the body’s most important detoxification organ,” said ReNew Life President and public television educator Brenda Watson.
Part of our Ultimate Flora line of high-potency, one-capsule-per-day probiotics, Ultimate Flora Senior Formula 30 Billion is a high-Bifido daily maintenance probiotic for adults over 50 formulated to address the natural decline in healthy Bifidobacteria that happens as we age.‡ It contains 30 billion live probiotics cultures per capsule from 10 beneficial probiotic strains to help relieve digestive discomfort and maintain digestive balance.‡
We thank Vitamin Retailer for making these very distinctive awards possible—and our loyal customers for continuing to choose ReNew Life when it comes to superior-quality natural supplements. A complete list of the 2014 Vity Award winners is featured in the Vitamin Retailer June issue. CleanseSMART and Ultimate Flora Senior Formula 30 billion are sold in natural health food stores and fine retailers everywhere.


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INCONA took part in the Gulfood-2016 exhibition (Dubai)
Partner of INCONA Olga Gavrilova took part in the largest food exhibition of the Middle East Gulfood-2016, held from February 21 to 25, 2016 in Dubai (the United Arab Emirates).
For the first time, Russian companies took part in this event with a single delegation, which also included representatives of the Ministry of Agriculture of the Russian Federation and the Rosselkhoznadzor of the Russian Federation. Olga Gavrilova held talks with a number of domestic food producers on issues related to the promotion of Russian food products in the Emirates and Gulf countries, as well as on issues related to doing business in the UAE.
On the sidelines of the conferences held within the framework of the exhibition, Olga Gavrilova held a number of meetings with food producers from countries that are members of the Cooperation Council of the Arab States of the Gulf. Representatives of these companies expressed high interest in supplying their products to the market of Russia and the countries of the Customs Union.
5 thousand international companies from more than 120 countries of the world were represented at the Gulfood exhibition. During the exhibition, a number of landmark statements were made regarding the development of cooperation between Russia and the Emirates in the food sector. The implementation of the announced initiatives will have a significant stimulating effect on the intensification of cooperation between business representatives in the UAE and the Russian Federation in this area.
Thus, the head of the Ministry of Agriculture of Russia Alexander Tkachev said that the UAE can replace Turkey in the supply of vegetables and fruits to Russia, in particular, citrus crops. Alexander Tkachev also said that Russia intends to increase supplies of meat products and grain to the UAE.
Deputy Head of the Russian Ministry of Agriculture Sergey Levin announced Russia’s intention to organize the supply of agricultural products to Arab countries through the Emirates. As Sergey Levin explained, «The UAE re-exports 80 percent of the products supplied here, so we consider Dubai as the most important strategic direction for promoting our agricultural products to the Arab world.»
Special attention should be paid to the Rosselkhoznadzor’s report that, following the results of negotiations held on the sidelines of the exhibition, a veterinary certificate was agreed and initiated for milk and dairy products supplied from the Russian Federation to the UAE, obtained from cattle and small cattle. Thus, the products of Russian dairy processing enterprises under the control of the State Veterinary Service of the Russian Federation can begin to be delivered to the UAE accompanied by the specified veterinary certificate.


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Take-Two: Grand Theft Auto V Shipments Top 34 Million - NewsWilliam D'Angelo, posted on 06 August 2014 / 3,938 Views
Rockstar parent company Take-Two has announced that shipments for Grand Theft Auto V has surpassed the 34 million mark. That is up from 33 million Take-Two reported shipped by the end of March.
Grand Theft Auto V had the biggest launch in video game history with 16.59 million units sold in its opening week, according to VGChartz figures. The game continues to sell at least 50,000 units on a weekly basis.
The game is set to launch for the Xbox One, PlayStation 4 and PC later this year.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. Outside, in the real world, he has a passion for the outdoors which includes everything from hiking to having received his B.A. in Environmental Studies. You can contact the author at email@example.com.


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Delegates will hear an update on the government’s £20m Low Emission Freight and Logistics Trials at the Microlise Transport Conference. A talk from Innovate UK will outline developments from the programme, which runs projects on electric commercial vehicles and hydrogen hybrids, and what the future holds for them. Venn Chesterton, Innovate UK’s ultra low emission vehicle lead, will tell delegates about the latest technologies in this field and discuss how seemingly futuristic technologies could rolled out to industry sooner than […]
Telematics firm Microlise has launched its annual search for the top HGV drivers in the UK transport industry.
Operators of all sizes need to stay ahead of the curve on low-emission freight technology or risk being left behind.
A competition offering £10m of funding to firms that can develop ways to move freight and people more efficiently is attracting strong interest.


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Apple iTunes 8.2.1 update disables Palm Pre support
Apple has disabled sync support for non-Apple portable media devices in the latest version of iTunes, version 8.2.1, a move considered by many to be directed at Palm Pre users.
In June, Apple hinted at disabling Palm’s third-party plug-in that allowed users to sync their music collections with a Palm Pre, as we reported.
When Apple first threatened to disable the support, a Palm spokesperson told BusinessWeek: “If Apple chooses to disable media sync in iTunes, it will be a direct blow to their users who will be deprived of a seamless synchronization experience,” the spokesperson said.
Read more: mobileburn.com


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IBL News | New York
UPenn’s Wharton School launched an online executive education program that will accept enrollment payment in various cryptocurrencies, including Bitcoin, Ethereum, and USD Coin, becoming the first Ivy League or U.S. business school.
In a written statement last week, the University of Pennsylvania’s (UPenn) announcement came alongside the launch of its six-week the “Economics of Blockchain and Digital Assets” course, which will begin on January 3, 2022.
“We designed this program for business professionals and executives from a range of backgrounds, including traditional finance, management, and tech,” said the Program’s Academic Director, Wharton professor, and Blockchain author, Kevin Werbach.
The school will partner with blockchain consulting firm Prysm Group to offer the certificate program.
PwC expects blockchain to boost global GDP by US$1.8T by 2030, indicating that the applications of this technology are only beginning to reveal themselves. Furthermore, Deloitte found that 83 percent of businesses are discussing or working on cryptocurrencies in the context of solutions or strategies.


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At the start of the year, social networking and collaboration was put at the top of the agenda for CIOs. Despite privacy risks, organisations embraced the use of social media - even to recruit staff - while other top tech firms were criticised for failing to engage with customers through social media channels.
Facebook hit half a billion users and web inventor Sir Tim Berners-Lee warned that Facebook and Apple threaten the future development of the web.
Here are Computer Weekly's top 10 social media stories for this year.
For a lot of CIOs, "social networking" suggests users pounding away on Twitter and Facebook and hogging network bandwidth with YouTube and iPlayer video streams. But smart IT managers are realising that the concepts such services embody are central to improving collaboration both within the organisation and with customers and partners.
Employees at the Ministry of Defence and the military leaked secrets on social networking sites and forums 16 times in the past 18 months.
The general election was meant to be the first of the social media age, with connected voters using their online influence to sway the result. But with "old media" televised debates dominating the campaign, did social media really come into its own?
Photos: Rex Features
Accenture plans to recruit 50,000 people this year, with 40% sourced through social media and websites such as Twitter and LinkedIn.
Despite the privacy concerns raised by civil rights groups around the world, almost one in 12 people on the planet is signed up to social networking site Facebook.
The UK's top tech companies are failing to engage with customers through social media, despite 90% having a presence on more than one social network site.
Kent County Council has responded to criticism that it spent nearly £13,000 on training members of staff to use sites such as Twitter and Facebook between October 2009 and October 2010.
Social network MySpace has replaced its traditional customer relationship management (CRM) service with a social CRM, saving £2m and increasing customer satisfaction "threefold" since last year. The social network believes this will win back MySpace's competitive advantage, providing useful lessons for businesses looking to incorporate social networking into its CRM.
Net neutrality is a basic value of the internet according to web inventor Sir Tim Berners-Lee, accusing Facebook and Apple of threatening the web's future development.
Retailers have spent a lot of time trying to understand the customer better, through loyalty card schemes and sophisticated customer relationship management systems. But these are now under pressure from social media. The launch of Facebook Deals this month allows retailers to offer customers promotions specific to location by allowing customers to "check-in" via Facebook Places using their smartphones and receive tailored deals.


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Multiple fire agencies and the Mississippi Department of Environmental Quality are on the scene of Westlake Chemical on Highway 51 in Gallman where a fire has broken out.
According to Copiah County Sheriff Byron Swilley, the fire is now contained to one building of the plant and there are no injuries.
Westlake is a manufacturer of healthcare products, automotive and consumer goods as well as building and construction products.
Director of Emergency Operations Randall Drane said that while 14 different chemicals are housed within Westlake, they are currently only dealing with mineral oil. Drane said that the only evacuations were at the plant level.
Investigators have not released any details about how the fire started.


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The U.S. Consumer Product Safety Commission has recalled a drop-side crib from Shermag Inc., of Quebec, Canada. The drop-side rail hardware can malfunction, allowing the drop-side to detach from the side of the crib.
When that side detaches, a dangerous gap is created between the rail and the mattress. Infants and toddlers could become trapped in that gap, which creates risks of suffocation and strangulation. Children could also potentially fall out of the crib if the drop-side falls unexpectedly or detaches from the side. These malfunctions can be caused by incorrect assembly or simple age-elated wear and tear.
The CPSC has had 21 incidents reported involving the drop-side failures. While no injuries have been reported, a dangerous product failure like this is simply an accident waiting to happen. The CPSC recommends that consumers stop using this model of crib immediately, and find a suitable alternative for their children, including bassinets, play yard or toddler bed. Shermag, the product manufacturer, will provide a free repair kit to immobilize the drop side of the crib.
If you have a drop-side crib in your home, make sure to check the model numbers found on stickers and warning labels. The recall includes model numbers 202647, 211047, and 272547. Product safety, especially when it comes to our kids, is crucial. Always keep close watch on product recall news, and never use a crib older than 10 years. Age is certainly a factor in safety.
If your child has been injured due to a dangerous product, speak to our Virginia Beach personal injury attorneys for a free consultation today.


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Pre-tax earnings in GSK fell 14pc to £1.9bn in the third quarter but, with much of the company's sales in the US, it was able to report a 7pc rise in revenue because of the dollar's move against the pound.
The underlying decline follows similar falls in GSK's half-year figures in July but Andrew Witty, the chief executive, said he was "pleased" with how GSK was responding in what is "undoubtedly a challenging year".
Overall turnover was £5.9bn, slightly ahead of expectations, but sales in the GSK's pharmaceutical division fell 4pc to £4.9bn in a tough market as the patents on some of its older products in the US draw to a close and competition from generic drug manufacturers grows.
Revenue from diabetes drug Avandia also fell 23pc amid adverse publicity surrounding the product, but GSK's top-selling drug Advair, for asthma and chronic respiratory disease, showed reasonable growth of 7pc.
The company was also able to announce a 12pc growth in vaccine sales and a 3pc increase in the consumer healthcare business, which includes Ribena, Lucozade and Aquafresh toothpaste, to £994m.
Mr Witty said the global economic downturn had so far had only a "modest impact" on GSK's consumer product.
Since taking charge of the company in May, Mr Witty has made some significant changes to GSK's strategy. He has introduced a venture-capitalist style funding board as part of his restructuring of research and development, and intends to spread the company's resources more broadly rather than relying on discovering "blockbusters".
GSK has also made bolt-on acquisitions in emerging markets, including deals in the past week for the dry mouth treatment Biotene for $170m (£104m) and Bristol-Myers Squibb mature products business in Egypt for $210m (£128m).
Mr Witty said the company is dealing with a "considerable transition".
"We are managing a considerable transition to our product portfolio this year as several mature pharmaceutical brands encounter generic competition in the USA," he said.
"We remain focused on improving our short-term performance. We have also, I believe, started to take some initial steps in the right direction to deliver our strategic agenda to improve long-term sales growth and reduce risk for the company."
Shares in GSK increased 2pc to 1150p after the third quarter results.


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Get Into Cryptocurrency Trading Today
The Bitcoin- the new economic bubble, or on the opposite an excellent investment
The Bitcoin would be worth nothing if it were not to remain anonymous!
"Governments will not be able to cope with the scale of tax evasion and criminal activity that will result in the recognition of digital currencies as a legitimate means of payment. But history shows that they tend to adopt and supervise private market inventions.
This is stated by Professor Kenneth Rogoff
, an economist at Harvard University.
The professor wondered if the Bitcoin
exchange rate would not be the world's busiest bubble today, or whether it would be an excellent investment whose financial technology could change the world.
He replied that in the long term, the technology would certainly work but that the Bitcoin could collapse.
For those who have not taken the Bitcoin course in recent years, let us recall that its price has increased more than 600% last year and more than 1 600% in the last two years. At the end of the week, the Bitcoin rate was about $ 5,800. A unit of the coin is now worth more than three times an ounce of gold. The proponents of the currency expect it to increase still further, even in the next few years.
The professor points out that all this will depend heavily on the reactions of governments. Will it make sure to ignore the anonymous payment mechanism that is also used for tax evasion and crime? Will they create their own digital currency? And on the other hand, will the virtual currencies competing with Bitcoin succeed in penetrating the market?
Several crypto currencies have imitated and even enhanced the Bitcoin technology. But can they acquire the credibility that Bitcoin enjoys today in the eyes of investors?
On the other hand, regulation in the world is far from uniform. For example, Japan has decided to treat Bitcoin as a legal means of payment in the hope that it will become an international center of Fintech.
On the other hand, the Chinese government, worried about Bitcoin's role in the flight of state capital and tax evasion, decided to withdraw the law from the foreign exchange market.
The United States has taken symbolic measures to regulate Bitcoin, but it is not yet clear how Washington intends to move forward.
Silicon Valley executives invest capital in Bitcoin and rival currencies.
After Bitcoin, the most important numerical currency is Ethereum.
Its creators aspire to use its technology to allow users to write "intelligent contracts" in every possible field.
At the beginning of October, the etheric market value was $ 28 billion, compared with $ 72 billion for the Bitcoin.
Most experts agree that the technology behind digital currencies provides many opportunities in the field of cybersecurity, which is particularly crucial for the stability of the global financial system.
It is obvious that the goal of the developers was not that the Bitcoin does not replace the dollar as an international currency, but rather to create a cheap and secure payment mechanism.
Professor Rogoff adds that "it would be a mistake to think that the Bitcoin will ever replace any currency issued by a central bank. Governments that allow anonymous transactions in digital currencies are one thing, if not desirable. But authorizing large-scale anonymous transactions is a completely different story. Governments simply will not be able to cope with the scale of tax evasion and criminal activity. Of course, governments that print high-value bills may also increase tax evasion and criminal activity. But money, unlike digital currencies, is at least palpable. "
Japan, tax haven?
In Japan, the government has already suggested that it will force the Bitcoin Trade Arena to locate criminal activity and collect information on account holders on the site. However, the citizens of the country could buy Bitcoin outside Japan and then launder it into Japanese accounts.
Japan is likely to become a Swiss-type tax haven, and there is no need for banking secrecy as it is an integral part of digital currency technology.
Thus, if one took away the anonymity promised by Bitcoin, it would be difficult to justify its current price. Unless there are still a number of rogue states that allow the anonymous use of Bitcoin, or that governments like North Korea continue to play an increasing role in this market.
￼The professor concludes, "Ultimately, it is difficult to understand why central banks issue their own digital pieces and use regulation to influence the market until they win. The long history of currencies tells us that governments tend to adopt and then supervise private market inventions. It is impossible to predict the value the Bitcoin will achieve in the next two years, but there is no reason to believe that his destiny will be different.
Buy & Sell Cryptocurrency Instantly


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Two recent winners of awards merit a mention. Firstly, Edinburgh
and Glasgow-based Incepta branch Citigate Smarts has been named
professional services company of the year at last week's National
Business Awards of Scotland.
The panel of judges dubbed the agency a 'one-stop shop' for
communications needs (a phrase always likely to raise Diary's
Secondly, Hull-based agency Corporate Communications won best campaign
at the Institute of Grocery Distribution's marketing awards, for a
campaign on behalf of client Marr Foods promoting the health benefits of
The campaign attracted the support of celebrities including John
Nettles, Floella Benjamin and Jeffrey Archer.
Archer, who is billed as 'a regular cod and chips man,' advises readers
of the campaign website: 'As long as you don't eat the chips you will
Or better still, stick to porridge for a few years.


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Evolve Additive Solutions, Inc., leading technology platform, has shipped its first proprietary STEP system to a strategic partner, a large manufacturing company.
The company is a well-established brand name and the leader in the field will help Evolve to improve and create new disruptive business models. The system, which is in the Alpha development stage, will be further developed with the help of the strategic partner by taking the technology from the laboratory stage to industrial stage to significantly reduce the time to market and expand product design capabilities.
Steve Chillscyzn, CEO of Evolve Additive Solutions, said, “As the co-inventor of STEP and being the executive in charge of development over the last nine years, it’s not only exciting but critical that we get the technology into a customer’s hands for development of real-world applications. The Alpha stage is key to our progress and provides the necessary feedback to R&D to get to commercialization.”
Customers across multiple industries, including automotive, industrial and medical will be able to use production-grade thermoplastics for volume manufacturing applications with the help of STEP technology, which is highly scalable and an extensible solution.STEP combines Evolve’s own proprietary technology with the proven capability of electrophotography to produce additive manufactured parts that meet or exceed the attributes of traditionally manufactured parts.
“Although we cannot disclose the name of our strategic partner for our first Alpha system, we can say with extreme confidence that it will be put through the paces to ensure STEP is ready to perform in a manufacturing environment. The Alpha program tees up the organization for the next phase in the process which is Beta”, commented, Bruce Bradshaw, Chief Business and Marketing Officer for Evolve.


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Via Electrek |
Tesla CEO Elon Musk announced that the company’s electric trucks, the Tesla Semi, are setting on its first cargo trip transporting battery packs from Gigafactory 1 in Nevada to Tesla’s Fremont factory in California.
Home Solar Power
A Tesla Semi prototype was recently spied driving on the highway going up to Gigafactory 1 and we suspected it would be to test the route for transport since company executives already confirmed their intentions to use the electric truck on that particular route.
Today, both of Tesla’s previously seen electric semi truck prototypes were hooked to trailers with battery packs at the Gigafactory 1, where Tesla produces stationary energy storage battery packs, like Powerpacks and Powerwalls, and Model 3 battery packs.
Elon Musk shared a picture of the trucks leaving the Gigafactory:
During a presentation about the new Tesla Semi at the annual conference of Transport and Logistics in the Netherlands last year, Tesla VP of Truck programs Jerome Guillen confirmed that the company will be using their electric semi trucks for freight transport between its facilities in California and Gigafactory 1 in Nevada:
“Tesla will be the first customer for the truck. We will use our own truck to carry cargo in the US between our different facilities. We have an assembly facility in California, the Gigafactory in Nevada, so we will use our trucks to carry things in-between.”
Previously, Tesla CEO Elon Musk referred to the automaker’s logistic costs to carry cargo between the two locations as “gigantic”. He even suggested that they are considering building a hyperloop system for cargo with his Boring Company startup in order to address the issue.
But in the short term, it now looks like Tesla Semi will do the job.


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The Automated Grocery War Between Walmart, Amazon and Delivery Apps
Amazon is making big strides to compete with Walmart for the grocery market, having purchased Whole Foods for $13.7 billion. This acquisition puts the company in direct competition with Walmart’s established online business, currently offering online grocery shopping, delivery (for most), and pickup.
In response to Amazon’s purchase of Whole Foods, Walmart stock prices quickly dropped by 3% while Amazon’s increased by more than 2%. Investors clearly believe in Amazon’s e-commerce strategy and history of success. Walmart is going to have to focus on their online user experience if they want to successfully compete with Amazon to keep their existing share of the grocery delivery market. There is little doubt that Amazon will be successful in taking at least a noticeable bite out of Walmart’s grocery market share.
Walmart, which currently stands as the leading grocery brand in the US, has been beating out big-name competitors including Kroger and Safeway for some time now. According to a 2015 consumer report, stats showed that Walmart controlled 25% of the grocery market in the US, whereas the company only captured 7% of the market 13 years earlier in 2002. With a big new player in the market will Walmart be able to continue to control such a big share of the market? Will the company be able to continue to grow in the face of increased competition?
New Concepts and Emerging Delivery Apps
Amazon is testing out new concepts to make grocery order and pickup more convenient. In May the company opened two test sites in Seattle allowing Prime subscribers to make online grocery orders that they could then pick up at a drive through window. Americans love drive-thru windows and it wouldn’t be surprising to see something like this take off as consumers appreciate saving time and skipping the grocery store as long as they will continue to get high quality products at an affordable price.
Walmart has also begun testing a different convenience concept. Walmart is allowing customers to order groceries using an app, arrange a pickup time and location, and arrive to have your car loaded for you. Walmart even guarantees the same prices and a money back guarantee promising to provide you with the freshest items or your money back.
As Amazon works to build it’s grocery business and Walmart defends it’s market share the two will likely become closer and closer to offering the exact same service, however for now many shoppers are noticing that while Amazon offers a greater selection, Walmart is winning the price war as well as offering substitutions, which Amazon will likely adopt eventually.
Walmart has not yet begun offering delivery to all markets, while Amazon obviously does, though some have noted a considerable eco-waste issue mitigated in part by Amazon’s willingness to pick up and reuse a significant portion of the packaging used for deliveries.
A big factor working in Walmart’s favor is that Amazon’s minimum delivery order is higher ($50 to Walmart’s $30 minimum) and Amazon also requires a $14.99 monthly membership fee.
Everybody is offering grocery delivery. Safeway has been offering online ordering and delivery for some time. Instacart offers to shop at multiple stores for you and deliver in as little as 1 hour. Raleys offers grocery delivery. Google has also started offering grocery shopping online by playing the middle man between you and stores like Target, Costco, Walgreens, Whole Foods, and more. It seems as though every day a new grocery delivery service is popping up. Clearly consumers are hungry to make grocery shopping faster, easier, and cheaper. Whichever company can offer the best balance of quality, price, and convenience is likely to come out on top.
Understanding E-Commerce Can Do a Lot for Your Online Business
The more you read, test, and think about what consumers want in online shopping the better you can grasp your own online business and where you are succeeding or failling. The grocery war currently going on between Amazon and Walmart (and many others) is rightfully getting a lot of attention both from the public and from the companies themselves as they pursue greater success. For now you have a lot of options, each with their own benefits, it will be exciting to see who emerges as the top online grocer, or alternatively how different companies hold on tight to certain niches that will hone in on a particular aspect of the shopping experience that their customers simply can’t live without, whether that’s speed, cost, variety, quality, or something completely different.


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Apple announced AT&T and Verizon as the two carriers that would support their new iPad at their event on Wednesday. However, if you are a Sprint customer you may be still in luck. Just today, Engadget released a photo showing a sales database containing a new Sprint iPad, proving that the new device may be seen on the carrier in the future. While Sprint is behind on the whole 4G/LTE development it is predicted that the iPad will be one of the first devices to use the new advancement.
the new iPad for Sprint has arrived in Best Buy’s internal inventory system. Does this mean we’re going to see the devices magically show up next week at the electronic megastore? Eh, we wouldn’t count on it showing up that soon. But is it possible that Sprint will have Apple’s iconic tablet ready to go alongside the Samsung Galaxy Nexus when it launches its multi-billion-dollar 4G investment?


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A watch from the Analog Shift collection at Watches of Switzerland. (Watches of Switzerland)
RAPAPORT... Watches of Switzerland Group has acquired pre-owned and vintage timepiece company Analog Shift in an effort to capitalize on the rising popularity of the secondhand market.
The brands first collaborated in 2018, when the UK-based watch group offered a curated selection of Analog Shift’s pre-owned timepieces at its newly opened New York City flagship store. That collection became one of its strongest-performing segments, Watches of Switzerland said last week.
“As we began our entry into the US market back in 2018, we saw the pre-owned and vintage segment as a significant area of opportunity and Analog Shift as the ideal partner to help us realize that,” stated Brian Duffy, CEO of Watches of Switzerland. “Our relationship has had a very natural progression. It’s two liked-minded brands working together in a space that is poised for exceptional growth.”
Meanwhile, James Lamdin, the founder of Analog Shift, will become Watches of Switzerland’s new director of vintage and pre-owned timepieces.
In addition to its Watches of Switzerland brand, which operates in the US and UK, the company also owns UK-based Goldsmiths and Mappin & Webb, along with Mayors, which it purchased from Birks Group in 2017.
Source: Rapaport 29-9-2020


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If you found yourself constantly adjusting the volume on your television during commercials, respite is here.
A law authored by Congresswoman Anna Eshoo (D-Palo Alto) that turns down the volume on TV commercials goes into effect today.
The CALM Act, or Commercial Advertisement Loudness Mitigation Act, requires TV providers to keep the volume of commercials at the same level as regular programming. The congresswoman, working with Rhode Island Democrat Sen. Sheldon Whitehouse, pushed for the legislation after she discovered decades of consumer complaints to the Federal Communications Commission (FCC) about loud ads, according to the congresswoman.
"Earsplitting television ads have jolted and annoyed viewers for decades," Eshoo said. "With this new law, loud TV commercials that make consumers run for the mute button or change the channel altogether will be a thing of the past."
According to the FCC, loud commercials have consistently been in the top 25 consumers complaints in quaterly reports between 2002 and 2009. A 2009 Harris poll found that almost 90 percent of TV viewers were bothered by high commercial volumes, prompting 41 percent of viewers to turn down the volume, 22 percent to mute the TV, and 17 percent to change the channel altogether.
At Thursday's news conference in Washington, D.C., Eshoo recalled how her bill came into existence. At a family gathering four years ago, a commercial that she called a "blast" came on while her family watched a sporting event. After muting the ad, her brother-in-law told her to do something in Congress about the loud disturbance on the television, Eshoo said.
The FCC approved its final rules of the law last year in Dec. 2011. It took a year for implementation to give a grace period to accommodate any financial hardship on TV providers to comply with the law, according to Eshoo's spokesman Charles Stewart.
The FCC will be charged with regulating commercial volumes. According to the FCC, they will rely on consumers to monitor industry compliance with the new law. Complaints for any violators can be filed at www.fcc.gov/complaints.
Copyright © 2012 by Bay City News, Inc.—Republication, Rebroadcast or any other Reuse without the express written consent of Bay City News, Inc. is prohibited.
Don't miss a thing in Mountain View!


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Persona 5 Will Get First English Gameplay During Livestream on November 16th
Today Atlus USA sent in a press release announcing that the first English gameplay of Persona 5 is coming.
The footage will be showcased during a livestream on November 16th at 12 PM PST, on Atlus’ own Twitch channel. The stream also promises “special guests, giveaways and the latest Persona 5 news.”
Persona 5 will be released in the west on February 14th, 2017 for PS4 and PS3, following a successful launch in Japan on September 15th, which marked the best domestic debut for the franchise ever.


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Perishable Movements Limited (PML) has renewed its long-standing contract with Blue Skies to deliver fresh fruit products for another three years. PML, which has been working with Blue Skies for the last five years, is tasked with collecting fresh fruit snack pots flown into Heathrow from countries including Egypt, South Africa, and Ghana. Under the deal the company, which operates a Defra inspection facility and Border Control Post at its Heathrow headquarters, will break down the consignment into product categories […]
Tyre manufacturer Goodyear and truck and trailer leasing and rental company TIP have extended their 15-year partnership by another five years.
Norbert Dentressangle (ND) has sealed a £100m logistics deal with online fashion giant ASOS, taking the three-year contract from incumbent Unipart Logistics.
Record year for deal activity as investors target tech, e-fulfilment and international supply chains
The UK logistics and supply chain management sector saw a record year of deal activity in 2021, as the industry overcame the challenges of the three Cs – Covid-19, Christmas and customs – in the final quarter of the year.


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Samsung will introduce the Galaxy Gear smartwatch at the September 4 Unpacked event, according to a high-level executive within the company. Lee Young-hee, executive vice president of the South Korean company’s mobile business, tells The Korean Times that the “wearable concept device” will debut alongside the Samsung Galaxy Note 3.
“We will be introducing a new wearable concept device called Galaxy Gear at our own event in Berlin on Sept. 4,” Lee said this week. “The new device will enhance and enrich the current smart mobile experience in many ways. It will lead a new trend in smart mobile communications. We are confident that the Gear will add meaningful momentum to the mobile industry.”
With Apple, Google, and a host of other players stepping into this field, we’re anxious to see what Samsung does to stand out. While many of these devices pair via Bluetooth to our phones, we would love to see something that operates on its own.
We’re days from officially learning what Samsung does in this space so it’s possible we could hear some last minute leaks or see some press renders surface in the lead-up.


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BEVERLY HILLS, Calif. -- Viking Cruises has opened the books
on a new product line: Viking Expeditions, an expedition cruise line that will
set sail in 2022.
The line in its first year of operation will have two,
378-passenger ships. The Viking Octantis, scheduled to debut in January 2022,
will sail Antarctica and the U.S. Great Lakes. The Viking Polaris, due in August
2022, will cruise in Antarctica and the Svalbard region in the Arctic.
Vard, a Fincantieri subsidiary, will build the
Viking's expedition ships will feature the Finse Terrace.
It had been anticipated that Viking was planning an
expedition line ever since it placed an order with Vard, which also was
constructing expedition ships for Ponant and Hapag-Lloyd.
Viking made the plans official during an event for trade and
media at the Hilton Beverly Hills Hotel, which featured a naming of Viking Jupiter cruise ship by
soprano Sissel Kyrkjebo and a brief performance. (The naming was conducted remotely, as the Jupiter is currently sailing near Ushaia, Argentina.)
In remarks from the stage, Viking chairman Torstein Hagen said that he had "long had the ambition to do something in Antarctica." the company had been making plans for an expedition ship as early as 2013.
And there was applause when Hagen revealed plans for the Great Lakes cruises that take in ports such as Thunder Bay, Ontario; Milwaukee, Wisconsin; and Mackinac Island, Michigan, saying that "guests also like to cruise near home." The ships are being built specifically to fit that water system's locks.
Viking has also activated the URL viking.com, which include links to all three product lines.
At a Q&A session with press, Hagen said: "We have
one brand, so everybody really knows what they're getting when they're
getting a Viking product. I think that's comfortable. From the get-go we
said we're about exploring the world in comfort. So 'exploring' has
been part of our tagline. It's a logical step at this time in our career."
The Octantis and Polaris will do double duty as cruise ships
and research vessels. Viking said it will host researchers and scientists via partnerships
with the National Oceanic and Atmospheric Administration and the Cornell Lab of
Ornithology, among others. Another partnership is with the University of
Cambridge’s Scott Polar Research Institute, where Viking has created an
endowment, the Viking Chair of Polar Marine Geoscience, that supports the
institute’s graduate students.
As part of the endowment, scientists will conduct fieldwork
on the ships and interact with passengers.
A 430-square-foot space called the Laboratory will be “designed to support a broad
range of research activities,” Viking said. Guests will have supervised access
to the area.
Another view of the Finse Terrace outdoor lounge.
The Laboratory will overlook the Hangar, which Viking said will
be an industry first: an in-ship marina enabling the launch of small excursion
craft through the ship’s multiple shell doors, including an 85-foot slipway
that enables guests to embark rigid inflatable boats (RIBs) from a stable,
interior surface. The ships will carry Zodiac craft, kayaks and two
In the rendering Hagen showed to guests at the Hilton, he pointed out with a smile the color of the submersibles. "We have a yellow submarine."
Viking said the ships would meet guidelines and requirements
from the International Association of Antarctica Tour Operators, the
Association of Arctic Expedition Cruise Operators and others. The ships’ straight
bows are expected to reduce fuel consumption. A dynamic positioning system will
enable the ships to hover over the seabed without anchoring.
Each passenger will be provided with a Viking Expedition Kit
with boots, binoculars and waterproof pants. They will have access to
satellite phones, VHF radios and excursion gear like trekking poles and
The expedition ships will feature the
Scandinavian design ethos seen on its river and ocean ships. Guests who have sailed Viking will recognize some of the public spaces on Octantis and Polaris. But there will be touches unique to
For example, the cabins will have what Viking called a Nordic Balcony:
a sun room where the top of the glass can be lowered to the open air. "You don't need an outdoor balcony -- it's cold," Hagen said. "We've taken that space and brought it inside." He also showed off an image of the drying closet that will be in each cabin, for airing and drying items like wet expedition jackets and gear.
start at 222 square feet, but the top accommodation is the 1,223-square-foot
Owners Suite with a living room, six-seat dining table, 800-square-foot private
garden and traditional Norwegian wood-sided hot tub.
A rendering of the expedition ships' pool deck.
Viking is designing the aft decks of the ships as a
combination lecture hall and outdoor lounge. The Aula auditorium is inspired by
the University of Oslo’s hall where Nobel Peace Prizes were awarded, and its
backdrop will be floor-to-ceiling windows with 270-degree views.
Adjacent to the Aula will be the Finse Terrace, an outdoor
lounge with couches and warming lava rock “firepits.” Viking said the two
spaces can be combined for “an unmatched alfresco experience for guests to be
immersed in nature.”
This report was updated to include remarks by Viking chairman Torstein Hagen.


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Russian boom helps ramp Sitronics, Mikron sales
June 07, 2007 //
JSC Sitronics, a Russian provider of telecommunications and consumer equipment and owner of chip maker JSC Mikron (Zelenograd, Russia), increased its annual sales revenue by 69 percent in 2006 to $1.61 billion. Mikron more than doubled its annual sales revenue.
LONDON JSC Sitronics, a Russian provider of telecommunications and consumer equipment and owner of chip maker JSC Mikron (Zelenograd, Russia), increased its annual sales revenue by 69 percent in 2006 to $1.61 billion. Mikron more than doubled its annual sales revenue.
Sitronics made a net profit of $61.3 million on sales revenue of $1.61 billion in 2006. Net profit was down slightly from $69.2 million in 2005, mainly due to increased capital spending and depreciation, the company said in its regulatory filing.
Sitronics now reports its results in english as a consequence of issuing and listing Global Depository Receipts on the London Stock Exchange earlier in 2007. One GDR represents 50 shares. Sitronics raised $356.5 million net in the IPO conducted in February.
The microelectronics division, essentially Mikron, is engaged in the design, production and distribution of of ICs, chip cards and microchip packaging. It more than doubled sales revenue from $56.9 million in 2005 to $122.6 million in 2006, according to financial results from Sitronics.
The growth was attributed to increased economies of scale and the successful launch of products during the year, including the production of flexible chip modules, Moscow Metro fare cards and mobile phone SIM cards.
During the year Sitronics signed strategic alliances with STMicroelectronics NV, which is providing next-generation process technology, and Cisco Systems Inc., raised $200 million through a Eurobond placement and sold 3.67 percent of its share capital to the European Bank for Reconstruction and Development (EBRD) for $80 million.
"We have entered 35 new markets and more than doubled the number of countries in which we operate. We are now exporting our solutions to 60 countries around the world. We also launched a wide range of new products and services during 2006 and entered into alliances with some of the world's leading technology companies, in order to enable the group to benefit from continued growth moving forward," said Evgeny Utkin, president of Sitronics, in a statement.
"We also reorganized our capital structure during the year and successfully raised substantial loan financing ahead of our IPO, which was successfully completed after the end of the year," he added.
Sitronics, has plants in Greece, the Czech Republic and the Ukraine, as well as in Russia.
Extensible CPU cores exploit IoT's vast potential
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Why the speculations on Nokia’s map service HERE run hot
May 21, 2015
Nokia’s digital map service HERE is on the block – and a crowd of suitors are outbidding each other. But some remain at the ...
Flexible OLED display peels off the wall
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InterviewCEO interview: What's next after Tower's turn-around?
May 2015 marks the tenth anniversary of Russell Ellwanger taking over as CEO of speciality foundry Tower Semiconductor Ltd. (Migdael Haemek, Israel), which now trades as TowerJazz. And so EE Times Europe ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
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READER OFFERRead more
In this month's reader offer, Analog Devices is giving away five Blackfin Low-Power Imaging Platform (BLIP) Development Systems (ADZS-BF707-BLIP2), worth 199 dollars each, for EETimes Europe's readers to win.
Targeting demanding ultra-low-power, real-time applications for image sensing and advanced audio, the development platform leverages the company’s ADSP-BF707BBCZ-4 Blackfin processor as...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.


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Twitter has been trying to prevent Tesla chairman Elon Musk from acquiring it, and has taken steps to counter the trend since Friday and prevent the world’s richest man from buying all of its shares easily. To achieve this goal, the company will sell its shares in the presence of all other shareholders, announcing a plan that will allow it to buy additional shares in a practice known as the “poison pill” in the financial sector, and if it exceeds Muskin’s share of 15 percent on Twitter, it will be implemented without the approval of the board of directors.
Twitter plans to avoid Tesla boss trap Elon Musk He announced his intention to acquire the move on Friday, as he took steps to counter the trend and prevent the world’s richest man from easily buying all its shares.
The company is seeking to sell its shares to all other shareholders, and has announced a plan to allow shareholders to purchase additional shares, known as the “poison pill” in the financial sector. If Muskin’s contribution on Twitter is more than 15 percent, the process will begin without the approval of the board of directors. Earlier this month, Musk bought a 9.2 percent stake in the company.
If the millionaire buys enough shares to reach 15 percent, all other shareholders will have the opportunity to buy them at a discount, which will significantly increase the price the entrepreneur has to pay to buy the site.
In the context, the company said in a statement, “By accumulating shares purchased in the market without paying the proper regulatory premium to all shareholders, any company, individual or group will be less likely to take control of Twitter. It’s time for the board of directors to take action. “Emotional Decisions.
Woodbush’s Dan Ives noted that “this defensive plan was expected,” but he expected shareholders not to see it as “comfortable” because it would be “downgraded” (i.e., lower stocks due to the new stock issue). “The plan will definitely face an appeal in court,” he said because the board of directors is obliged to work for the company and increase its value for the benefit of shareholders.
“Site for Freedom of Expression”
On Wednesday, Musk offered to buy the entire company for $ 43.3 billion, while the company was valued at $ 36 billion. On Thursday, Musk said in an interview at the TED2022 conference that he had “the necessary funds” to buy Twitter, insisting that he had an alternative plan if the company’s board rejected his offer. He pointed out that he was not trying to “make money”. Musk did not provide details of the financing of his offer, but he would inevitably have to borrow from one of his companies, “Tesla” or “SpaceX”, or give up part of his stake in them.
Elon Musk is very active on Twitter because he publishes almost daily tweets to his 81.3 million followers, but he also criticizes the site for overseeing the content, and confirms that he wants to make Twitter a “platform for freedom” and imposes fewer restrictions on users’ tweets.
The millionaire offered to join the company’s board of directors after he bought about 73.5 million shares of Twitter’s common stock last week, but he did not want to do so. Since announcing the purchase of shares in the network, Musk has not stopped provoking. For example, he wondered if the social network was on the verge of “dying” because it had many accounts with millions of followers, but they did not work.
Want to buy Elon Musk Twitter?
On Friday, Musk said, “Thanks for the support!” And in a poll conducted by the “Bitcoin Archive” with his tweet “Do you want to buy Elon Musk Twitter?” And with 19,944 participants, 73 percent of voters answered “yes.”
Commenting on the poll, Musk asked his followers about their support for the idea that “privatizing Twitter by buying it for $ 54.20 per share should be a matter for shareholders, not a board of directors.” More than 83 percent of the 2.9 million users who took part in the poll supported the idea. “I think it’s very painful, I do not know about buying it,” Musk said on Thursday, before expressing confidence in getting as much current share support for his project as possible.
Saudi Prince Al-Waleed bin Talal, a Twitter contributor, commented that Musk’s offer did not match “Twitter’s true value”. Analysts at Wetbush Securities, which is looking forward to the millionaire’s success after a series of setbacks, believe that Elon Musk’s impact and pressure has not left Twitter managers with a great deal of freedom.
In an analytical article published in the Daily Mail on Thursday, Dan Yves said, “The board of directors did not like Musk because its members disagreed with him on almost everything, and his style did not fit into the culture of the company.” It will be difficult for other investors to emerge, “he added.
France 24 / AFP
“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”


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[email protected] wrote an interesting post today on
Here’s a quick excerpt
Laptop Power UK has announced heavy discount on its collection of best quality Laptop Batteries. Laptop Power UK is one-stop-shop for laptop hardware and especially for the full range of laptop power supplies.
(PRWeb April 27, 2012)
Read the full story at
Read the rest of this great post here


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By Melodie Warner
Morgans Hotel Group Co. (MHGC) shareholder Caerus Global Investors LLC wants the luxury-hotel operator to launch a formal process to sell the company after learning a third-party expressed interest last autumn.
Morgans has a chain of 13 trendy hotels, including the Delano South Beach in Miami Beach, Fla., and the Mondrian SoHo in Manhattan. The company has been embroiled in a battle over a recapitalization plan that would shift Morgans from owning hotels to managing them.
On one side is supermarket magnate Ron Burkle, whose Yucaipa Cos. is Morgans's largest creditor. On the other is investment group OTK Associates LLC, Morgans's largest shareholder, which is led by hedge-fund executive Michael Olshan and the Taubman family of luxury mall owner Taubman Centers Inc. (TCO).
The plan, which is supported by Morgans's board, calls for transferring to Yucaipa the Delano South Beach hotel and the company's Light Group food-and-beverage subsidiary. In exchange, Yucaipa would retire roughly $187 million in preferred shares and convertible notes, retire warrants and assume an $18 million promissory note.
Earlier this month, Morgans issued a press release to clarify Yucaipa's reference in a filing to a letter received in November from a large international hotel company that offered to acquire Morgans Hotel for $7.50 a share in cash. Morgans said its board discussed the proposal and decided the price wasn't sufficiently attractive to enter formal negotiations. Morgan also said it received a similar proposal in February from the same undisclosed party and the company's position on the bid was unchanged.
Hedge-fund Caerus--which owns about 1.4% of Morgans stock outstanding, according to FactSet Research--said the board should considers alternatives to explore the best possible offer for the company.
"We agree with the board's initial conclusion that the offer of $7.50 cash per share was inadequate," said Caerus in a letter to Morgans's board released Wednesday. "As the board considers alternatives, the most compelling outcome in our view would involve a sale of the company to a strategic hotel operator."
Caerus and its affiliates have held Morgans stock for roughly three years and collectively own about 600,000 shares.
Representatives for Morgans weren't immediately available for comment.
--Kris Hudson contributed to this article.
Write to Melodie Warner at firstname.lastname@example.org.


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10 november 2017, 13:00
Ilham Aliyev viewed Ganja Mall
President of the Republic of Azerbaijan Ilham Aliyev has viewed conditions created at Ganja Mall.
The head of state was informed that the construction of the shopping mall started in August 2014 and ended this October. The eight-storey mall occupies a total area of 26,293 square metres. It has a 411-car underground parking lot. Ganja Mall features the latest fashion brands on electronic products, home appliances and home décor, furniture, perfumery, clothing, accessories, shoes and sports products. The shopping mall houses a pharmacy, book store, restaurants and Cinema Plus movie theater.
The shopping mall will create 800 jobs.
10 november 2017, 12:50Ilham Aliyev viewed construction of “Majestic Palace” hotel in Ganja more...
10 november 2017, 13:10Ilham Aliyev viewed secondary school No 1 in Ganja after major overhaul more...
23 february 2018, 10:00Ilham Aliyev received Boeing delegation
22 february 2018, 10:50Ilham Aliyev presented "Istiglal" Order to Milli Majlis member Fattah Heydarov
21 february 2018, 11:44Ilham Aliyev received delegation led by Iranian minister of defence and armed forces logistics
21 february 2018, 11:30Ilham Aliyev received former president of Dutch Senate
19 february 2018, 10:50Ilham Aliyev received delegation led by EU Special Representative for South Caucasus
15 february 2018, 12:35Ilham Aliyev met with Italian undersecretary of state for economic development
© 2010-2015 Official website of the President of the Republic of Azerbaijan. All rights reserved.
This website is managed by Press Service of the President of the Republic of Azerbaijan and Political Analysis and Information Support Department of the Administration of the President.


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The biggest consumer electronics event, CES 2021, is just around the corner, and big electronic companies are preparing to showcase their new products to the whole world. The event will be held online for the first time in its long history. Like many other companies, ASUS is gearing up to showcase its next-generation of gaming laptops, but it seems a few of these models have already been leaked.
According to a report from Wccftech, few ASUS gaming laptops from its TUF lineup featuring AMD’s 5000 series APUs and Nvidia’s GeForce RTX 30-series graphics cards. The Romanian retailer also listed a new laptop from the same lineup called ASUS TUF Gaming A17.
The gaming laptop in question features a Ryzen 7 5800H APU, which features an 8-core multithreaded CPU clocked at 3.00GHz while the boost clock speed is 4.30GHz. It features 16MB of L3 and 4MB of L2 cache, and the TDP for the chip is 35-45Watts. It also features the Vega 8 based graphics on-board, but the laptop will use the RTX 3070 Max-Q graphics card to power the graphics.
Other than this, the laptop will come with 144Hz Full HD IPS LCD display with a maximum brightness of 250 nits. The base variant will include 16GB of DDR4 memory clocked at 3200MHz, which is upgradable to 32GB. The laptop comes with 512GB of SATA III SSD on-board though the 1TB version is also available. An M.2 port is also available to further upgrade the storage. Lastly, the laptop will ship with a 90 WH 4-cell battery. In terms of the I/O, ASUS offers one USB-C, three USB-A, and a 3.5mm headphone jack.
The price quoted on the Romanian retailer site is 6649.99 Romanian Leu, which is around 1670 USD. However, it remains to be seen how ASUS prices it for the US market.


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Tom Counts, President of 3-GIS added, “I am so excited about once again attending the Esri European Users Conference. It’s a key event for us as we continue to expand our markets into Europe and support our customers, partners, and resellers. I am especially excited to see my many old friends from my years of working in Europe and enjoying some time together face-to-face.”
“With our rapidly expanding customer base in Europe, the timing of the conference couldn’t be better. We are excited about the positive feedback we’re receiving from the Esri distributors regarding our 3-GIS Express Solution, including our disconnected Android editing tool. We look forward to seeing you at our booth for a firsthand look at our latest Esri based web and mobile solutions.” said Lee Nelson PE, Program Director for 3-GIS. Lee will be speaking on “Empowering the Field Users in a Utility Enterprise” on Tuesday, October 16th from 11:25am-12:00pm.
3-GIS is a leading innovator of smart geospatial solutions and proud recipient of the 2011 Esri Partner’s Choice Award and the Esri Private Web Application Award. 3-GIS’


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On the Beach: Brits Look for Holidays AbroadBy On The Beach, PRNE
Sunday, October 9, 2011
MANCHESTER, England, October 10, 2011 -
-On the Beach say that Brits are increasingly heading abroad for their holidays, with trips to Spain, Greece and Turkey proving most popular-
On the Beach, the UK’s leading online travel agency, say that British people are increasingly choosing to spend their holidays abroad. The company has found that more and more Brits are opting to spend their time off in exotic destinations, instead of places closer to home.
The company has found that holidays to Spain, Greece and Turkey are particularly popular with their customers, many of whom cite an escape to warm weather as their motivation to travel.
Data released by Eurostat, the statistical office of the European Union, shows a similar trend, as the body found that across the EU27 almost one in four holiday trips in 2010 were to destinations abroad. In Britain, this figure was even higher as 39 per cent of trips were to destinations outside the United Kingdom.
Alistair Daly, Marketing Director of On the Beach, comments: “It is not surprising to see so many Brits travel abroad during their holidays. Flights to popular resorts are incredibly affordable and convenient, so there are no barriers to prevent our customers from jumping on last minute holidays to great destinations.
”We expect that when Eurostat announce their figures for 2011, that they will find even more Brits opting to spend their precious holidays abroad. People have discovered how easy it is to escape to Mediterranean destinations and more and more Brits are travelling abroad to ensure they make every break from work as good as possible.”
About On the Beach:
Founded in 1995, On the Beach is one of the UK’s leading online travel agencies carrying over 500,000 passengers every year (ABTA K0813). On the Beach provides value for money flights and hotels in the world’s most popular beach holiday destinations. On the Beach provides consumers with a huge selection of travel products, from 50 million available seats, more than 30,000 hotels around the world, insurance and in-resort transfer partners. Customers can book online at www.onthebeach.co.uk or by calling the UK call centre on 0870-606-07-08.
As the expert provider of DIY beach holidays to the UK market, On the Beach is so confident of its industry leading position, it offers a market leading price match guarantee for its customers. On the Beach will refund the difference if a lower price is found for the same product on any UK website*.
*Offer applies to exact product match
For more news and great deals follow @OntheBeachUK or join the On the Beach Facebook Fan Page.
Contact Information: Jamie Wortley, On The Beach Limited
Spectrum House, Towers Business Park, Wilmslow Road
Didsbury, M20 2SE, jamie.wortley at onthebeach.co.uk, +44-1256-412-314
Tags: England, Facebook, Manchester, October 10, On The Beach, United Kingdom


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JACKSON, Miss. - A month ago when Mark Escude got the letter from Nissan North America Inc. asking him and all other Nissan dealers to upgrade their Nissan stores in preparation for a new era of sales, Escude thought the idea made some sense.
Now it makes a lot of sense to him.
The 44-year-old Escude is the only Nissan dealer in Jackson, Miss., the market where the automaker revealed last week it will spend $930 million to build its second U.S. auto plant. Nissan will employ up to 4,000 people in and around Jackson, the only auto plant in the state.
To be precise, there are two Nissan stores in the Jackson market. Escude happens to own both of them.
'Yes, you could say I'm pretty excited to welcome Nissan to town,' said Escude, who took up the franchise in 1985. 'It's a good time to be a Nissan dealer in Jackson, Mississippi.'
Escude has not worked out the details, but he will be investing in both his Nissan stores in preparation for Nissan's coming economic presence in the market.
'We'll be making the dealerships a little nicer, trying to make the facilities a little more unique,' he said. 'We'll be doing some things to try to make our customers feel a little more special.
'Factory customers tend to expect a little more than other customers,' Escude said. 'We want them to feel like they're getting what they expect.'
In the weeks before Nissan's new factory announcement, the company sent letters to its 1,071 U.S. dealers, urging them to make their stores exclusive. The letter caught Escude - along with about half of the rest of the Nissan dealer body - with a shared store. Escude also sells Toyotas, Mitsubishis and Daewoos. One of his Nissan stores services Daewoo cars. 'I can tell you one thing now,' he said on the factory push for exclusivity, 'I'm not going to be servicing Daewoos out of the back of my Nissan store any more.'
Escude expects that decision to make his costs go up. But considering the likely new wave of business, he says, it will be a modest price to pay.
'This is big,' the retailer said of the factory plans. 'This would be a big deal anywhere, but it's an especially big deal here in Mississippi, especially for me.
'We're going to do just fine.'


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Whether or not the predictions we’re hearing are accurate, the economy is in for some kind of a change. If you read everything you get your hands on, you might believe that we’re in for a recession soon.
My peers in the journalism community are poising their pens to write about what they deem inevitable. A turn in the economy is great fodder for business journalism.
Most of the business owners I talk to don’t seem as concerned. They’re not hoarding their cash. They’re not laying off employees. In fact, the growth-oriented businesses SBN Magazine has been covering the last several months are talking about the investments they plan to make — or are now making — to prepare for long-term growth.
Why is this? For one, when the U.S. economy is facing a predicted recession, money gets cheaper. That means many businesses take the opportunity to invest in new technology and equipment at lower rates. But even at those costs, if a company is not poised for growth, why would it invest in that direction?
The answer is, at least from the company owners I have spoken to the last couple of months, that they indeed are poised for growth — even (and especially) if their competitors aren’t.
Whether or not you believe that President Bush’s tax-relief package or Federal Reserve Chairman Alan Greenspan’s rate cuts will spur the economy, economists will tell you that monetary policy actions take at least 18 months to yield results. While these actions can have immediate effects in terms of convincing businesses and consumers that better times are around the corner, they can’t affect the current economy.
Savvy business owners know that this forecast is not a bad omen. They see it as an opportunity to jump ahead. They know that they must build upon the policies put in place today to reap the benefits when the economic landscape evens out a year or year and a half from now. There will be some fallout, as we’ve witnessed in the dot-com industry of late, but these savvy business owners say, better our competitors than us.
Now is not the time to sit still. Better times are ahead, but we won’t all be here to enjoy them. On a large scale, you can learn from companies such as Apple, which is preparing to boost its position in the marketplace by adding extras, such as standard CDs, DVDs and increased power levels, to its computer products.
On a local level, you can learn from our cover story this month about a company increasing its capacity so that it can expand its product line.
These companies are staying within their areas of expertise, but expanding their capacities. Their strategies share a common philosophy. They are positioning themselves for growth by sticking to what they know best.
It may not be the time to take on a big risk, but as they’ll tell you, it’s certainly not the time to be stagnant. Connie Swenson ([email protected]) is editor of SBN Magazine.


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Top 10 Richest People of Bangladesh
Bangladesh, despite being a poor country, has an insanely high ratio of rich to poor people. Bangladesh’s poor economy and low GDP have caused the country’s people to struggle financially. People associate Bangladesh with hardship; however, in recent years, Bangladesh has achieved significant success in the international economy. Bangladesh is becoming one of the richest countries in the world as its GDP rate rises. While there is hope that Bangladesh will grow despite the challenges of the pandemic, it would be interesting to see how many billionaires are contributing to the rise in Bangladesh’s GDP.
Even so, the number of millionaires exceeds the number the reality of Bangladesh’s economic situation! The top ten richest Bangladeshis and their capital are listed below:
- Musa Bin Shamser, Dhaka’s richest immigration prince
Musa Bin Shamser, the founder of DATKO Group, has earned 1.5 billion dollars from his immigration business. He is the richest person in Bangladesh, despite the fact that there are many other wealthy people. In Bangladesh, Musa is known as Prince Musa. He lives in an opulent bungalow in Dhaka, Bangladesh’s capital city.
- Tarek Rahman, the wealthiest political figure
Tarek Rahman, the Vice Chairman of the Bangladesh Nationalist Party, owns 1.5 billion dollars. Much of his fortune had come from the business started by his father, former Bangladeshi President Ziaur Rahman. Begum Khaleda Zia, his mother, is a former Bangladesh Prime Minister and the Chairman of the Bangladesh Nationalist Party. Tarek Rahman is said to have made money through corruption during his mother’s tenure as Prime Minister. The Anti-Corruption Cell charged him for his enormous wealth. He is currently residing in the United Kingdom.
- Sajeeb Wazed Joy, the richest grandson of the nation
Sajeeb Wazed Joy is a billionaire in Bangladesh. He is the grandson of the Father of the Nation, Sheikh Mujibur Rahman, and the son of the current Prime Minister, Sheikh Hasina. His fortune is worth one billion dollars. Although he is not involved in politics, his vast wealth is a hotly debated topic.
- Sayeed Abul Hossain, Parliament’s wealthiest member
Sayeed Abul Hossain, the founder of SAHCO International Limited and a Member of the Bangladesh Government’s Parliament, is the richest person in Bangladesh’s parliament. His total net worth is one billion dollars. SAHCO International Limited works with foreign investors who are interested in investing in Bangladesh.
Born: 1 August 1951 (age 71)
Dasar, Madaripur District, East Pakistan (now Bangladesh)
Education; MA in Management (1974), University of Dhaka
BA in Management (1972), University of Dhaka
- Bashundhara Group founder Ahmed Akbar Sobhan
Ahmed Akbar Sobhan is a businessman and industrialist who owns 500 million dollars. He is a forerunner among local business owners.
Ahmed Akbar Sobhan’s Bashundhara Group has made significant contributions to the country’s economy. His businesses have created numerous job opportunities.
- Dr. Mahiuddin Khan Alamgir, Minister of Millions
Dr. Mahiuddin Khan Alamgir, Minister of Home Affairs and eminent economist, is said to be Bangladesh’s richest minister. His total financial statement is worth $400 million. Much of his fortune was amassed when his party came to power in Bangladesh.
- Giasuddin Mamun, the wealthiest timber tycoon
Giasuddin Mamun, the richest timber businessman in Bangladesh, leveraged political connections to amass a fortune of $400 million. He formed a partnership with Tarek Rahman, the Vice President of the Bangladesh Nationalist Party, and used his political influence to secure low or no-interest loans from financial institutions. Mamun’s businesses benefited from government guidance and support.
- Salman F. Rahman, the BEXIMCO Group magnate
Salman F. Rahman, the chairman of the esteemed BEXIMCO Group, is a popular and successful businessman in Bangladesh. His business empire spans various sectors, including IT and agriculture, and generates an annual turnover of $300 million. Rahman is best known for his chain companies.
- Ragib Ali, the wealthiest tea planter
Ragib Ali, the chairman of Southeast Bank Limited in Bangladesh, is a renowned industrialist who earned $250 million from the tea industry. He is a prominent figure in the local industry and has made significant contributions to the economy.
- Iqbal Ahmed, the richest caterer from Sylhet
Iqbal Ahmed, the owner of SEAMARK and IBCO, two notable seafood processing companies in Bangladesh, earned $250 million from the shrimp and frozen food industry. His businesses originated in Sylhet city and are globally recognized for their quality. Ahmed’s industry has a significant market abroad.


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Polo Ralph Lauren is creating a Midtown campus with a blockbuster deal for a new 186,000 square foot office at 625 Madison Ave.
The fashion company is expanding its 200,000 square foot headquarters from 650 Madison Ave. diagonally to the northwest across 59th Street.
The new offices will comprise about five floors in the Class A tower of 558,000 square feet. It was acquired by SL Green Realty Trust, a real estate investment trust or REIT, last October for $231 million when it was only 68 percent occupied.
A Studley team of Mitchell, Stein, David Goldstein, Matthew Barlow and Michael Leff repped the fashion tenant. Steve Durels represented the REIT in-house together with a Cushman & Wakefield agency team of Jonathan Serko, Barry Zeller and David Malawer.
In addition to the new Polo deal, SL Green and its C&W team also renewed a 43,000 square foot lease with Related Capital Company while adding an additional 44,000 square feet to total 87,000 square feet for the next 10 years.


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Dominik Bindl/Getty Images
Who knew Alicia Keys was so tech savvy?!
Earlier today, BlackBerry announced that the Grammy-winning singer has been named the smartphone company's new global creative director.
"Excited2jump right in2my new role as Global Creative Director of@Blackberry!" Keys tweeted after the big news went public. "#BlackBerry10 #keepmoving #forwardthinking."