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The new turbodiesel engine coming in the redesigned 2019 Chevrolet Silverado will be manufactured in a General Motors engine plant in Flint, Mich.
A Michigan dealer group auctioned off the rights to purchase a 2018 Dodge Challenger SRT Demon, raising a total of $14,700 for local charities.
University of Michigan students are taking on a challenge that the automotive industry will be grappling with in the future -- how to handle the media backlash following an autonomous vehicle error.
The average fuel economy for new cars and light trucks sold in the U.S. in December fell 0.2 mpg from November to 25.0 mpg, a monthly report said.
Toyota's research arm said it will debut at CES its Platform 3.0, merging automated vehicle technology and the Lexus LS 600hL model with an eye toward improving perception technology.
American Haval Motor Technology, a unit of China's Great Wall Motor, plans to spend $3.51 million building an r&d center in the Detroit suburb of Farmington Hills, Mich.
Michigan's autonomous and connected vehicle testing site, the American Center for Mobility, officially opened this week near Ann Arbor, Mich., with Toyota and Visteon beginning testing.
Ford is moving planned production of an electric crossover with a 300-mile range to Mexico from Michigan to make way for additional investment on autonomous vehicles in its home state.
The average fuel economy of new light vehicles in the U.S. in November fell to 25.0 mpg, down 0.1 mpg from October.
An Ohio steel technology firm is eyeing nearly 1,000 acres of rural Michigan farmland to build a massive steel plant along Interstate 69. GM and Tesla may have interest in the project.
Six residents near GM's Milford Proving Ground in Michigan filed a lawsuit blaming the automaker for decades of sodium chloride contamination of groundwater.
German auto supplier Brose plans to invest $105 million over five years at its U.S. headquarters in Auburn Hills and its New Boston manufacturing plant, adding 300 jobs.
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With one home sold in the 30746 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. Pricing in the 30746 zip code remains consistent from last week to this week, with the median sales price at $72,900 again. There are only two months of inventory available in the 30746 zip code, so it's a definite seller's market, even if sales are flat.
Still haven't found the right home in the 30746 zip code? One of these new listings could end the search:
Get started right now by checking out 30746 homes for sale or reviewing 30746 real estate trends.

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We recently interviewed Welington Fonseca. Welington is the Senior Vice President, Global Customer Marketing at Shiseido Group and a beauty and retail veteran. At Shiseido Group, he leads the charge to grow the value of our customers by building and executing on a state-of-the-art, data-driven, customer omni-touchpoint ecosystem. Welington began his career on the product
The Bruins’ digital engagement team turned the high audience engagement of the Stanley Cup Playoffs into an opportunity to collect consumer insights in a new and innovative way.
A high-conversion interactive overlay on key site pages combines information-finding with lead gen.
Express’ Tony Zubek explains the guiding principles that have allowed his team to collect consented first-party data directly from consumers.
Google Chrome now allows users to opt out of third-party cookies, hastening the demise of an ad-targeting solution that never targeted ads well anyway.
Rob Schipul, Senior Director of Customer Experience Management for Monster, spoke to us about the role technology and data play in bringing humanity back to the job search.
With Style Challenges that captured declared data, Express engaged their loyalty audience and enhanced their segmentation to deliver truly personalized marketing.
The fallout from the Cambridge Analytica scandal showed that consumers care how their data is used, even if they don’t understand it fully. Marketers shouldn’t be exploiting that knowledge gap—we should be trying to close it.
By asking questions and capturing declared data, Monster was able to transition casual browsers to quality job applicants.


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By Alexandra Spunt for NoMoreDiryLooks.com
Worried about the economy? Yeah, us too.
Whether the Dow dips or dives, one thing seems clear: These are uncertain economic times, and we all need to make smart (and sustainable) choices as consumers.
With that in mind, I thought this might be a good moment to remind people that cutting back on meat can be a real money-saver.
Siobhan wrote about this for GOOD a while back. Here’s a repost of that in case you missed it:
Here’s an interesting chart from LearnVest that breaks down the daily costs, in dollars and cents, of different diets: meat eaters, pescetarians, vegetarians, and vegans. According to their tallying, vegans have the least expensive diets, and meat eaters have the priciest, which certainly flies in the face of the arguments that vegetarianism is a choice limited to the hippie fringes and the bourgeoisie.
Keep reading to see the chart, and to read about some of the issues we have with it…
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Smart Ag, a team composed of personnel from Cisco, HydroTrek, Roietronics and the University of Pittsburgh, won the IoT hackathon at Internet of Things World 2019.
An Irish startup’s strategy to deploy IoT in agriculture incorporates sensors and machine learning in beekeeping.
Jul 02, 2019
Every year, organizations find themselves spending more and more on cybersecurity. Protecting their data and keeping pace with increasingly sophisticated methods of cybercrime is an important investment. By the end of this year, estimates...
Amazon.com Inc. is updating its Alexa voice software to let users delete recordings of their voice using a spoken command, a move that follows criticism of the company’s privacy practices related to its digital assistant.
Alphabet, along with Microsoft Corp. and a slew of startups, are bringing so-called wearables back as part of a push to make warehouses and manufacturing more efficient with the help of technology.
Internet of Things World ran this week in Santa Clara. This video series looks at the highlights from the three-day conference.
The deal will help HP Enterprise strengthen its position against International Business Machines Corp.


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County Kildare Chambers has welcomed statements by government that wearing face masks in retail settings will become mandatory.
The announcement was made last night, as Taoiseach Micheál Martin confirmed Ireland would not move to Phase 4 of easing of Covid 19 restrictions on Monday, as planned.
It means pubs, bars and nightclubs will not re-open until August 10th.
Bans on large gatherings will also remain in effect.
CKC represents 400 Kildare firms, with a total workforce of 37,000.
CEO, Allan Shine, says firms now need is certainty on an extension of the wage subsidy scheme.
He joined Ciara Noble on Kildare Today.


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Under the theme “Live it Out!” International Fairs & Promotions (IFP) launched the first international exhibition for outdoor recreational and sporting activities and environmental tourism in Lebanon and in the region exhibition of its kind for recreational activities and outdoor sports in Lebanon and the Middle East, “Outdoor Lebanon.” The exhibition will take place between June 22 and June 26, 2011 at the BIEL Exhibition Center in downtown Beirut.
“Lebanon has a long history as a preferred destination in the region for outdoor activities and sports. During the last decade, Lebanon’s temperate climate and rich nature have begun to attract many foreign visitors and local residents interested in outdoor recreational and sporting activities as well as environmental tourism. The Lebanese mountains annually host very large numbers of skiers, who enjoy the skiing and winter sports season, while the summer is best known for all types of water sports and activities, such as diving, fishing, swimming, and others, while hunting, camping, and jogging are popular, traditional summer activities in Lebanon” said the Chairman of the Board of Directors of IFP, Mr. Albert Aoun, in his opening speech.
Aoun added: “In recent years, several internationally well-known outdoor sports have been introduced into Lebanon and have drawn the attention of the Lebanese public, such as driving ATVs, bungee jumping, gliding, kayaking, and jet skiing, and other thrilling and high-risk sports. Many such projects in this field have been set up in different Lebanese regions.” He concluded by saying: “We have decided to organize this exhibition to promote these types of outdoor activities, to encourage internal and environmental tourism, and to introduce different outdoor sports popular with aficionados and the youth. This will be the first exhibition of its kind in Lebanon and the region that builds on the natural wealth of the country and that caters to the interests of all categories of citizens without exception.”
The exhibition will include several local and international companies specialized in this field, to exhibit the latest and best of what they have in terms of equipment and clothing, and all the adventurer, sportsman, or amateur’s needs for equipment for fishing, camping, diving, jet skiing, and other water, land, or aerial sports and activities. The exhibition will constitute an opportunity for many international companies to launch some of their products in the region’s markets for the first time. General Motors Company intends to reveal one of its new mountain cars during the exhibition, while some European companies are planning to reveal new hunting weapons and their accessories. Visitors who are concerned with physical fitness will be able to benefit daily from a special program of sports exercises, whereas the rest of the public will be able to enjoy fashion shows, with bathing suits, sports clothes, and other special and varied shows.
According to the exhibition’s announced events program, IFP seems to have decided to make this summer event a pleasant experience to all members of the family, by organizing various activities in an outdoor courtyard of 6,000 square meters, the “Radical Rush Area”, including a very wide range of exciting games, such as bungee jumping, tug of war, wall climbing, free falling and other games that will ensure the participants a lot of fun and excitement. IFP has also allocated a special 1,000 sqm area exclusively dedicated for children and it has made sure that it conforms to the highest safety standards. The activities featured in the exhibition include a skeet shooting contest and an archery contest. They will be held in cooperation with the Syndicates of Merchants of Hunting Weapons in Lebanon, and the Lebanese Federation of Archery and Shooting.
Outdoor Lebanon will offer to its visitors, amateurs and professionals, activities that will include trips to nature, taking out bicycles and vehicles on mountain roads in an adventure they have not experienced before. In parallel with the exhibition, and in cooperation with the Al Akhbar newspaper, colloquiums will be held that will be devoted to environmental tourism, under the title “Prospects for Environmental Tourism in Lebanon.” They will host several speakers to discuss aspects of environmental and natural tourism, in addition to special sessions that will deal with health and nutrition issues.
Sport and recreation will meet enthusiasm at Outdoor Lebanon, an exciting event that will ensure the most enjoyable time for all its visitors.


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BERLIN (Reuters) – Lamborghini CEO Stephan Winkelmann will take the rudder of Audi's <VOWG_p.DE> execution auto division quattro GmbH, Audi said on Monday.
Winkelmann, who has run the Volkswagen-claimed Italian supercar brand subsequent to 2005, will get to be head of Audi quattro GmbH on Walk 15, the carmaker said.
Audi did not say who will succeed Winkelmann as President of the Sant'Agata Bolognese-based brand. Representatives for Audi and Lamborghini were not promptly accessible for input.
(Reporting by Andreas Cremer and Agnieszka Fire; Altering by Georgina Prodhan)
Baca Juga :


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Tech mogul Microsoft have entered into a strategic partnership with healthcare firm Walgreens to provide customized wellness solutions. This move, which is an answer to AWS’ acquisition of PillPack for USD 1 billion in June last year, aims to take on their cloud rival in the healthcare segment.
According to Microsoft, healthcare as a segment is booming and its reliance on technology and the cloud specifically, is increasing. They say that enterprises in this segment need the cloud to not only manage workloads but also to store and assess data to draw insights, patterns and intelligence.
By partnering with Walgreens for seven years, Microsoft claim that they will become the official cloud providers of the healthcare company. They say that Walgreens will be now able to lower healthcare costs, customize solutions according to data analysis and engage with loyal customers.
In closing, Microsoft said that they will be announcing some major deals in the healthcare industry soon. Here is hoping that the tussle between Microsoft and AWS intensifies, following the partnership of AWS with KPMG for cloud transformation.


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Cat cafe chases $50,000 crowdfunding goal
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KitTea Café, which made headlines in January for promising San Franciscans the first cat café in the U.S., is launching its crowdfunding campaign.
The café’s funding target is $50,000 and it will have 30 days to reach the goal.
Courtney Hatt, one of the founders, said that a physical space for the café has not yet been chosen and will depend on how much money gets raised.
People donating to the café’s funding goal can earn special rewards by donating certain amount of money, with the first tier of rewards at $15, which will earn a shout-out on social media from KitTea. The next two reward tiers, $50 and $100, include reservations at the café before they become available to the rest of the public.
Hatt said the café will use a reservation system in order to prevent overcrowding.
“Anyone not requesting early access will be charged $12 to $15, but this will also include a pot of one of our authentic Japanese teas,” she said. Reservations will be for one hour.
Both the $50 and $100 funding rewards have a cap of 300 slots available.
The café will need to meet certain requirements in order to open, including having any food and beverage operations be functionally separate from the cat-populated seating area.
Stingle said the café plans to be open “normal café hours” with a bias towards being open late.
Richard Procter is an intern for the San Francisco Business Times.
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Ford’s electric car venture with Zotye to speed up US manufacturer’s expansion in China
New Zhejiang province factory to produce small all-electric vehicles
Ford has signed an agreement with Anhui Zotye Automobile to set up a 5 billion yuan (US$754 million) joint venture focusing on electric cars, in a substantial step towards tapping the mainland’s new energy vehicle segment.
A new factory will be established in Zhejiang province and a new sales and service network dedicated to the new cars will be created. The 50-50 venture, known as Zotye Ford Automobile, is subject to regulatory approval, Ford said on Wednesday.
Zotye, described by Ford as a market leader in China’s electric small vehicle segment, will become the US carmaker’s third major partner on the mainland, after Chongqing Changan Automobile and Jiangling Motors.
“Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles,” said Peter Fleet, the president of Ford in Asia-Pacific. “We will be exploring innovative vehicle connectivity and mobility service solutions for a new generation of young city-dwelling Chinese customers.”
The vehicles manufactured by the venture will be sold under a new brand name.
Ford joins global rivals such as General Motors and Volkswagen in vying for a share of the fast-growing new energy vehicle segment in the world’s largest car market. These big-name carmakers will also come up against Tesla, with the Silicon Valley-based electric carmaker also planning to set up a plant on the mainland.
UBS analyst Hou Yankun said the mainland electric car segment will have huge potential in the coming years, with annual sales expected to reach 700,000 to 800,000 units.
Beijing has been determined to reduce pollution by encouraging the development, production and sales of new energy vehicles.
Under the so-called cap-and-trade policy, most car manufacturers will be required to sell a minimum number of new energy vehicles every year from 2019. The Ministry of Industry and Information Technology stipulates that those who fail to meet these requirements will face fines.
New energy vehicle sales on the mainland have been buoyant since 2014, driven by the government’s subsidies and other incentives such as distribution of free car licences. The sales of such vehicles jumped by 63 per cent to 336,000 units in 2016.
New energy vehicles include pure electric cars and plug-in hybrid cars.
Zotye Ford did not disclose the capacity for the new plant in Zhejiang. Ford also said that at least 70 per cent of Ford-branded vehicles sold in China will offer electrified power train options by 2025.
Volkswagen has partnered with Anhui Jianghuai Group to produce electric cars. Last month, Volvo, the Swedish car maker, formed a 5 billion yuan joint venture with its Chinese parent Zhejiang Geely Holding to build high-performance electric cars under the Polestar brand.


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Nestle Results: FMCG major Nestle India on Thursday said its net profit declined 1.25 per cent to Rs 594.71 crore for the quarter ended March 2022 due to cost escalation. The company had reported a profit of Rs 602.25 crore in the same period last year. Notably, the company follows January-December as its financial year.
Nestle India’s expenditure also increased
Nestle India told the stock exchange that its net sales grew 9.74 per cent to Rs 3,950.90 crore during the period under review as against Rs 3,600.20 crore in the same period last year. The company said that its total expenses during the January-March quarter grew by 12.98 per cent to Rs 3,195.90 crore as against Rs 2,828.61 crore in the corresponding period of the previous year.
Nestle India’s domestic sales rise
Nestle India’s domestic sales grew 10.23 per cent to Rs 3,794.26 crore from Rs 3,442.03 crore in the same period last year and exports declined 0.96 per cent to Rs 156.64 crore from Rs 158.17 crore in the same period last year.
Nestle India increased prices of Maggi in March
Let us inform that in March itself, the company had increased the prices of Maggi and has reduced the price of Maggi of Rs.12 to Rs.14. Nestle had increased the prices of Maggi by 9 to 16 percent, which is applicable from March 14.
12’s Maggi became 14’s
A 70-gram packet of masala noodles is now getting Rs.14 instead of Rs.12. The prices of Maggi have increased by Rs. At the same time, the price of 140 grams packet of Maggi has increased by Rs 3 and the price of 560 grams packet has increased by about 9.4 percent, after which its price has increased from Rs 96 to Rs 105.


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According to CNET sources, Apple is set to introduce a new "high-speed connection technology" very soon. The most obvious new connection type this could be is Light Peak, a sort of jack-of-all-trades connection technology. Light Peak allows one interface to be used to connect pretty much any device you can plug into a computer, including displays, scanners, printers, external hard drives and even devices such as iPods and iPhones.
The obvious hardware to introduce the Light Peak connection interface (if that's what it is) on would be next week's rumored MacBook Pros; however, CNET's sources did not confirm that the new notebooks would be the first to sport the new interface. Additionally, CNET's sources claim Apple will not use the name "Light Peak" for the new technology, but instead brand it under a different name.
Light Peak was first previewed by by Intel in 2009 and is based on fiber optic technology, but instead of using light-based technology, it would use copper lines. Many have suspected Light Peak is the reason Apple has not updated its Macs with USB 3.0 -- Light Peak technology offers significantly faster data connections which top out at 10 gigabits per second in each direction. Intel originally said the first Light Peak-based products would ship in the first half of 2011.


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Honor forays into India PC market; to expand smartphone portfolio
"We are committed to bring new products and manufacture here in India. For laptops, we are just launching our first product in India and we would definitely like to see the response from consumers," Honor India President Charles Peng said.
With consumer economy in tatters, Samsung faces a Darwinian moment in its biggest business
As the only smartphone brand with a strong presenc...
America sanctions turn up heat but Huawei serving European 5G clients, says executive
The world's biggest maker of mobile telecommunications ...
Many powerful reasons as to why it's risky to permit Huawei in India: Ex-R&AW boss Vikram Sood
Assuming that "theft of secrets is a part of legitimate intelligence activity, it is China's attitude towards India and its unremittingly hostile geo-political manoeuvres to hurt the nation's interests that would make the latter wary of Huawei", says the career intelligence officer for 31 years who retired in March 2003.
Samsung's profit likely at 2-year high after Huawei chip orders, phone recovery
The South Korean tech giant said on Thursday operating profit was likely 12.3 trillion won ($10.6 billion) for the three months ended September. That compared with a Refinitiv SmartEstimate of 10.5 trillion won and would be the highest since the 17.57 trillion won of the third quarter of 2018.
Nokia wins first UK deal since PM Johnson's Huawei 5G ban
Finland’s Nokia will replace Huawei as BT’s largest equipment provider after winning a deal to supply 5G networks across the UK, the companies announced on Tuesday.
Tech firms, telcos urge DoT to carefully scrutinize Huawei plan to overhaul internet protocols
The Broadband India Forum (BIF), which represents Google, Microsoft, Facebook, Qualcomm, Intel, Hughes and Amazon, among others, has urged the Department of Telecommunications (DoT) to run a close check on all associated data privacy and data security risks, regulatory concerns, cost implications and internet infrastructure governance issues before taking a firm view on Huawei’s proposal.
After cementing ties with United States, India focuses on key European partners
From a virtually uncritical embrace of China, European countries have been nuancing their positions, particularly on the issue of technology access and 5G communications. From France to Poland, Sweden to UK, there is an open rejection of China’s Huawei for 5G.
China's Huawei to launch HarmonyOS, its rival to Google Android, on smartphones next year
The company first unveiled its proprietary HarmonyOS last year which it has billed as a multi-device platform across watches, laptops and mobiles, rather than as a like-for-like challenger to Google's Android mobile OS.
Global gear vendors oppose DoT diktat on mandatory local testing
Global telecom vendors such as Ericsson, Nokia, ZTE and Huawei are likely to oppose the telecom department’s diktat to run mandatory safety checks on imported network gear from October 1 via local labs.
Xiaomi covers up its store branding with Make in India logo
Xiaomi has started to cover its logo and sign boards with the 'Made in India' logo.
What to watch out for at the fifth plenum of China's Communist Party
Policy proposals will be discussed at the plenum, the fifth meeting of the Central Committee since the 2017 party congress, on Oct. 26-29. The final blueprint will be approved and released when the National People's Congress, or parliament, meets in its annual session next year.
Shashi Tharoor-led parliamentary panel to discuss India's 5G readiness with telcos on Oct 27
The panel, headed by Congress MP Shashi Tharoor, has convened a meeting on October 27 with top telecom companies to examine India’s 5G preparedness, where senior officials of the Department of Telecommunications (DoT) and sector regulator will also be present.
US vs China: Donald Trump administration imposes new Huawei restrictions
Washington cut off Huawei's access to U.S. components and technology, including Google's music and other smartphone services, last year. The Commerce Department's new rules, rolled out Monday, will further block Huawei from accessing chip technology.
U.S. to tighten restrictions on Huawei access to technology, chips - sources
The U.S. Commerce Department actions will expand restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special license - including chips made by foreign firms that have been developed or produced with U.S. software or technology.


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The movement of money is the lifeblood of any business, but the current state of payment operations shows that companies are struggling to make them simple, fast and error-free.
According to new Harris Poll research, over 8 in 10 companies (84%)\ face payment operations problems such as slow payments, payment failures, and data quality errors, while 61% say managing payments takes too long.
All of this causes finance teams to waste time investigating and fixing payment issues versus working on higher-value strategic projects. Also, almost 6 in 10 (58%) of senior finance decision makers say it is hard to get a complete financial view of their company with their current payment ops system.
Payment operations pain points
Payment operations exist in virtually every company but, before this survey, had never been studied comprehensively.
Broadly defined, payment ops means the management of the entire cycle of money movement. Every day, companies handle millions of high-value transactions, each of which involves initiating payments, setting up approval processes, tracking and attributing sent and received funds, resolving payment failures and returns, reconciling transactions to bank statements, and booking payments to the general ledger.
In a perfect world, payment ops would run like electricity, smoothly and quietly in the background. Instead, the survey shows companies are struggling with payment ops and this costs them time and money. The survey, conducted in August and September, included 300 respondents from companies with 500 to 5000 employees. Other survey highlights:
- One-third of payment operations (34%) are still manual even at these relatively large companies.
Manual payment ops is the foundation for operational debt because delays across the payment lifecycle compound quickly. Manual inbound payments often take longer to process than automated ones. If the reconciliation process is also manual, that adds more time to matching bank statements with transactions in ledgers. Manual processes are also prone to human error.
- 51% of financial leaders reported that their teams waste a lot of time, on average eight hours a week, on payment ops issues such as slow payments, payment errors and poor reconciliation processes. This means those decision makers cannot spend more time on higher value strategic work.
- Nearly half of companies surveyed have five or more bank accounts. The complexity of payment ops scales with the number of bank accounts because all payment ops tasks are multiplied for each bank. Companies have to navigate each bank’s portal, offerings and disparate payment timings for each rail. Combined with manual processes, this can quickly become an outsized operational problem.
The challenges to companies are only getting more intense as payment complexity increases as businesses become more global and add new payment methods, asserts the venture capital firm, Andreessen Horowitz.
Modernizing payment ops
Unlike consumer payments, business payments have lagged in terms of innovation. Instead, companies continue to use legacy technologies and cobbled together systems.
As a result, companies are suffering the impacts of inefficient payment ops in terms of employee frustration, reduced productivity, greater financial risk and even lost revenue, survey respondents said.
With better software to manage day-to-day finance workflows, CFOs will become more strategic, Andreessen Horowitz maintains.
Investing in upgrades
Companies are recognizing the need for upgrading payment ops. Virtually all financial decision makers surveyed (99%) think upgrades to payment ops would be helpful. More than 8 in 10, (81%) said modernizing payment ops would fuel increased speed, flexibility, and transparency with money movement.
Also, 88% said automation would allow finance teams to spend more time on strategic matters. With such investment, companies will have more time to focus on building their businesses and growing faster.


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African Fusion talks to Kim Brightwell of ESAB Middle East and Africa, about the ESAB Southern Africa’s the new route to market.
Both ESAB and Howden are part of the global Colfax Corporation, the US-based industrial giant, which acquired the companies in January 2012 after completing a US$2.4-billion takeover of their parent company, Charter International.
“In South Africa, because Howden and ESAB are co-owned by Colfax, we are sister companies within the umbrella corporation. So when the need arose to look for an alternative way to service ESAB’s needs in South Africa and in the Southern African region, Howden set up a division called ESAB South Africa, a Division of Howden Donkin within the local Howden Africa company,” this division will from now on import, sell and distribute all ESAB’s products in South Africa “says Brightwell.
Howden Africa produces a diverse range of large-scale engineered plant and products. The Howden Africa business units include: Howden Power; Howden Fan Equipment; Howden Projects; and Donkin Fans. Howden Donkin has a manufacturing facility in Port Elizabeth, which designs and manufactures pre-engineered fans and accessories.
“ESAB South Africa’s head office and central warehouse now sits at Howden Africa’s Booysens premises, in Johannesburg south, just two minutes off the M1 motorway,” Brightwell says.
“Howden Donkin is an ideal partner for ESAB as it has a well-developed import and logistics capabilities that are ideally suited to ESAB South Africa’s needs. With infrastructure in PE, Cape Town and Johannesburg on the warehousing and distribution side, we have been able to dovetail our ESAB operations very quickly and effectively,” he adds.
In addition, ESAB South Africa is working with Imperial in Durban for warehousing distribution and office and workshop space. “Imperial are taking care of the logistics area and we operate a sales office from its premises,” he continues.
The existing ESAB Middle East & Africa Team, which is also now based in Booysens and consists of sales and technical support personnel, will continue to assist both ESAB South Africa and their customer to gain the most out of ESAB’s extensive range of quality products.
“Within a few months, we have re-established ESAB’s formal presence and trading capacity in South Africa. We are now leaner, more experienced and more determined to provide a complete range of ESAB products and services to the South African market,” Brightwell concludes.


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Lately, there have been a swarm of announcements regarding Wifi coming to some previously unconnected spots. Jet Blue is testing limited wifi on one of its planes. California has installed Wifi in several of its state parks. And major metropolitan areas are adding Wifi to their transit systems. So what does this mean for Search Engine Marketers? A focus on local and mobile search.
Imagine this. A family has gone camping at a California State Park, but they didn’t pack enough food or they need additional supplies. Will your business come up in the search results?
Recently, Google released information that the average search query had increased from three to four words. It’s quite possible that the fourth word turns a general search into a local one by adding a city, state or other location.
With so much attention given to universal search, personalization and social media these days, it might be easy to overlook local and mobile. But the expansion of Wifi is just further proof that SEO and paid search campaigns need the care of a constant gardener.


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IRVINE, Calif. — Jared Rowe is back, less than two years after leaving Cox Automotive for an opportunity outside the car business. And he’s returning to the company where he started his digital marketing career nearly 20 years ago: AutoWeb, formerly known as Autobytel.
The company announced on Thursday the appointment of Rowe as director, president, and CEO. He succeeds Jeffrey Coats, effective April 12, and brings more than two decades of management experience in the automotive and marketing industries. His career includes stints at FordDirect, Cox Automotive, and most recently Cerberus-backed YP Holdings — where he served as president and played a key role in improving YellowPages.com’s business operations and in its eventual sale to Dex Media last year.
“Jared has a strong track record of successfully implementing strategic plans to revitalize automotive businesses competing in the e-commerce industry,” said AutoWeb Chairman Michael Fuchs. “His leadership and restructuring at YP Holdings and Cox Automotive led to material operating improvements and enhanced competitive positioning. Jared will be an invaluable addition to our company as he shares our vision of delivering the highest quality marketing products to dealers and OEMs.”
While at Cox Automotive, Rowe served as president of the media solutions group and was responsible for leading the Autotrader, Kelley Blue Book, Dealer.com and Haystack business units. He originally joined the company in 2010 as vice president of product management at Autotrader, and was then named president of Kelley Blue Book before being tapped to oversee Cox’s media solutions group.
Today’s announcement marks his second stint with AutoWeb, having joined the company in 1998 as manager of strategic business development.
“It’s been nearly 20 years since I kicked off my digital marketing career at the former Autobytel. I am excited to rejoin AutoWeb to lead the continued evolution of this digital marketing platform that specializes in providing OEMs and dealers with high-quality, performance managed campaigns,” Rowe said of his appointment. “We have a solid foundation to build from with an established brand, advanced technology, an extremely talented team and clients that value the quality of our products. I look forward to leveraging my experiences to help return AutoWeb to growth by introducing new strategies and initiatives that I believe will unlock the company’s full potential and maximize shareholder value.”
As for Coats, Fuchs said: “I would like to thank Jeff for his many years of service and dedication to AutoWeb. He has been an exceptional CEO for more than a decade and a valued board member since 1996. We look forward to continuing to work with Jeff as he assists Jared during a transition period as a consultant. We wish him the best in his future endeavors.”


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Falling dairy prices are weighing on inflation, with the price of food falling for the second straight month.Statistics New Zealand’s latest food price index for the month of June showed a 1.4 per cent increase over May, mainly driven by seasonal changes in the price of fruit and vegetables, which rose by 9 per cent.
However, the basket of goods used to measure the food price index was 0.2 per cent cheaper than in June 2011, and follows a similar 0.2 per cent drop for May compared to a year ago.
Dairy was the main driver for the fall, with the price of fresh milk down 8 per cent on a year ago, while cheddar cheese is 16 per cent cheaper than 12 months ago and butter is down 24 per cent. The price of bread is also 2.4 per cent down on a year ago.
Between May and June the price of some goods rose sharply, with tomatoes up 42 per cent, avocados up 37 per cent and nectarines up 51 per cent. Statistics New Zealand said the price increases related to seasonal fluctuations.
Steak prices meanwhile dropped 9.2 per cent between May and June, while cakes and biscuits dropped 4 per cent.
ASB economist Christina Leung said underlying food price inflation was «subdued», reflecting recent falls in global commodity prices.
«The decline in global dairy, meat and grains prices in international markets over the first half of 2012 is flowing through to prices at the retail level here in New Zealand.»
Leung said commodity prices were likely to continue to weigh on food prices in the near term, although more recently droughts in South America and the US Midwest were beginning to affect crop yields.
As well as pushing up the price of bread and cereal, the droughts could push up feed costs for US beef and lamb farmers, potentially raising the price of meat.
Next week Statistics New Zealand will release the consumer price index – the most popular measure of inflation – for the June quarter.


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Top Bitcoin Miner Hardware for 2018: Best Equipment To Buy?
If you project this out over a 24 hour period, you can see that using the right faucets can make a big difference of.
Is Bitcoin’s Reign as King of Cryptocurrency in Danger?
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Bitcoin Daily: Starbucks May Adopt Blockchain | PYMNTS.comBill Gates made provocative statements in an AMA on Reddit Tuesday that have. extensive charity work. is central to the success of Bitcoin and.Cryptocurrencies are set to make a comeback on Reddit. Bitcoin. the CTO of Reddit revealed that they are working towards bringing back Bitcoin. 2018. Bitcoin is.
What is the Most Profitable Coinpot Faucet? – Bitcoinsense
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What Lies Ahead for Ethereum in 2018. these altcoins have not really succeeded in beating bitcoin to the.AnalysisGuidesBitcoin Futures: What Are They And How Do They Work.The rise of cryptocurrency prices last year, including bitcoin, ethereum, and altcoins, could have been largely caused by price manipulation, according to.
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2017 Was Just a Warm Up for 'Still Pre-Mainstream' BitcoinMicrosoft founder Bill Gates is not a fan of the potential anonymity found in cryptocurrencies like bitcoin due to the problems it can create for law.Deemed a scam from its CES debut, Kodak says KashMiner was never licensed, and its promised payouts betrayed ignorance of how Bitcoin works.The community has since grown exponentially with many developers working on Bitcoin. Overstock.com, and Reddit.Crypto ETF work in the same way as traditional financial. ReddIt. WhatsApp. Top Cryptocurrencies August 2018 Outlook Bitcoin price enjoyed a decent uptrend.
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How Does the Mining Process Work?. or Reddit (ICO updates and...Update Cancel. and requires no middlemen to work with other economic actors in.
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Most of these forecasts concern Bitcoin and Ethereum but do not turn a blind eye to. but he is currently working on.


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Boxing Day shopper numbers were steeply down on a two-year basis as consumer caution about the spread of the Omicron variant prompted many to stay at home.
However footfall was up year on year, after the traditional Sales day was hit in 2020 when the outbreak was reaching new heights.
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The National Basketball Association signed a multiyear contract with sock manufacturer Stance Inc., which in a league first will be allowed to puts its logo on game-worn socks.Financial terms of the agreement weren't disclosed by the league or company, which will become the NBA's official on-court performance sock provider beginning next season as it seeks more of what one research company says is a $5.6 billion global market.Lisa Piken Koper, the NBA's vice president of licensing, said the league has generated triple-digit growth in the sock category over the last few years, declining to give specifics. Allowing the Stance logo makes sense because Commissioner Adam Silver has said uniform advertisements are inevitable. The NBA considers socks an accessory to the uniform, which is the jersey and shorts."This is a direction that we will be going in the future," Piken Koper said. "We thought Stance was a great place to start."John Wilson, the founder and president of closely held Stance, said the NBA is a perfect partner because of its mix of sport, lifestyle and culture."When you look at the NBA, their position is very similar," said Mr. Wilson, whose company refers to its endorsers as Punks & Poets. "Of course it's rooted in the sport of basketball, but when you look at the lifestyle and culture around basketball, as it relates to music, fashion, sneakers— there's a cultural element to the NBA that's very unique."Miami's Dwyane Wade, Detroit's Andre Drummond, Golden State's Klay Thompson and Dallas's Chandler Parsons are Stance's NBA endorsers.
This company will make history by putting its name on NBA game socks
Mr. Wilson said Stance officials are "besides themselves" that the company logo will appear on players' socks during games. Teams will have a number of sock choices, including solid white and black and what Wilson described as custom color waves and designs that tie back to a team's uniform and logo."It's not just a vanilla, here's a white sock," Mr. Wilson said. "That will allow for more individuality."Stance will also create specialty socks for NBA-created events that revolve around, for instance, Black History Month. The company will also create one-time collections for Christmas games and the All-Star game, Wilson said.Stance, which also has a Major League Baseball team collection, replaces Bare Feet Inc. as the league's socks supplier. Stance's basketball offerings include a line that features legends, too, including Larry Bird, Wilt Chamberlain and Allen Iverson.The socks category outpaced the overall apparel market from September 2013-August 2014, growing 2%, according to NPD Group. The U.S. sock market is $1.8 billion, according to researcher SportsOneSource."Athletic socks have come a long way," said Neil Schwartz, vice president of market insights for SportsOneSource. "This ain't your father's cotton tube socks."


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In other parts of the world, April 20 of each year is a historically less stressed date than in Germany. And so Tesla enthusiasts struck when CEO Elon Musk announced a highly anticipated battery information day for April, immediately present this day as a specific date for it; in American 4/20 it stands for the price of $ 420 at which Musk Tesla allegedly wanted to take it off the stock exchange.
Tesla stories on Musk Day
Of the According to new information from the Tesla CEO, battery day will probably be delayed until May – but on April 20, fans on Twitter declared the “Elon Musk Day”, for which they taxed Tesla stories and thanked the CEO. And as luck would have it, something that was historically unprecedented did not happen directly at Tesla, but in a close thematic neighborhood: The price of crude oil on the futures market fell below $ 0 for the first time.
That there were many 4/20 people before that According to Musk, Tesla’s extremely ambitious battery plans wanted, is related to another meaning of the sequence of numbers. In the U.S. 420 is a code for marijuana use that is legal in, for example, the Tesla state of California. Nevertheless Musk briefly caused a sensation when he politely pulled on an offered joint in a video podcast. While critics interpreted this as drug abuse (which he relaxedly denies), the Tesla CEO made it even more popular with some fans.
— 🌮 TACOS + 🤖FSD BETA (AL) #HELLATESLAS (@TacosandTeslas) April 20, 2020
But due to the corona virus crisis, the battery day has to wait, so fans of Tesla and Musk used the time that they apparently had reserved for Tesla on April 20, at least mentally. Under the hashtag #ElonMuskDay, they published hundreds of thoughts, images and videos on and with Tesla, CEO Musk, SpaceX and related topics. In the United States, the hashtag even made it into Twitter trends. Apparently, day and day arose spontaneously and then attracted more and more participants.
What was striking was how peaceful and positive it was. Tesla fans, or at least people with a tendency to train unlike other Tesla Twitter discussions to be able to stay largely among themselves, instead of arguments, pictures and experiences were exchanged.
Tesla fans peacefully among themselves
And it was exactly in this good mood that the very fitting message for a Musk Day came on Monday evening in German time, which was celebrated accordingly: the price for one Barrels of WTI crude oil on the US futures market had dropped to minus $ 37.63. So sellers for June offered buyers money to buy their oil – for the simple and worrying reason that there was a shortage of crude oil stocks in the U.S. due to lack of demand.
The extreme drop in oil prices on Monday was also due to technical factors and took place in an extremely weak environment due to the impending corona recession, which may well recover. But the more successful the Tesla CEO celebrated on the same day with his electric cars and solar energy generation and storage, the more normal oil prices could be, which may not be less than $ 0, but closer to what they are used to.


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The world has changed, could this initiative succeed where others failed to dent Big Tech?
As expected, the European Commission has approved a joint venture between Deutsche Telekom, Orange, Telefonica and Vodafone Group to set up an advertising platform.
The four claim this will “benefit consumers, advertisers and publishers alike” and that the platform, which is still in development, has “been designed from the outset to be compliant with European data protection policy such as GDPR and the ePrivacy directive”.
A trial is underway in Germany with further ones planned in France and Spain. Customers must opt in (rather than the default being they don’t object) to receive communications from brands via publishers.
Customers in control
Customers can opt out at any time with a single click and also reverse any permissions given to brands via their websites, the publisher’s website or a privacy portal.
Customers’ personal data is anonymous, shared via a digital token which cannot be reverse engineered.
The idea is to give consumers transparency and control at all times, and to protect their privacy and data. As the four point out, currently this data is often “collected, distributed and stored at scale by major, non-European players” – that is, by Big Tech-owned platforms like Google, Facebook, Apple et al.
Each of the four holds a 25% stake in the JV and say the platform will be make available to all other European operators. The joint venture holding company will be based in Belgium and run by independent management under the oversight of a shareholder-appointed supervisory board.
Previous attempts by operators have failed to dent the dominance of digital native platforms – anyone remember the Wholesale Applications Community (WAC) launched at MWC in 2012 as an alternative app store?
But times have changed. Globalisation is not the force it was with huge rifts between China and the West, and especially the US, has had a profound impact on trade and technology, including supply chains. The fears of industrial and other espionage are becoming more real by the day with four similar objects shot down over the US and Canada’s airspace within a week, one of which was most definitely a balloon from China equipped with surveillance equipment.
In addition to geopolitics, the big platforms face growing regulatory scrutiny, particularly in the EU and the US; for example with the US’ Department of Justice recently stating it intends to break up Google because of its market dominance in search. Facebook (now Meta) has faced many waves of criticism for the allegedly reckless way it has used and allowed other parties to use the personal data of its users, which appears to prioritise profit over everything else.
Then there is Russia’s war against Ukraine and its many and complex implications.
All have had the effect of distrust and a turning inwards. Just maybe the four operators’ timing with an apparently trustworthy, all-European endeavour will prove a zeitgeist – on the other hand, the fact that TikTok is owned by the Chinese company ByteDance appears to be of far less importance than the fact it is fun to its estimated 45 million daily active users.


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Legislation would establish federal tax holiday for grocery, convenience store employees
Legislation recently introduced in the state House would establish a federal tax holiday for grocery and convenience store employees from Feb. 15 to June 15 for those making less than $75,000 annually.
The Giving Retailers and Our Convenience Employees Relief (GROCER) Act would also provide the Treasury Department the discretion to extend this benefit for an additional three months.
“Grocery and convenience store workers are among the unsung heroes of our battle with COVID-19 and have played a vital role in the national food supply chain,” said Rep. Glenn Thompson (R-Armstrong County), who co-introduced the bill, said. “The GROCER Act is a simple way of saying ‘thank you’ to the men and women who put themselves on the front lines, sanitizing, stocking, and serving communities by putting a little more of their hard-earned money back in their paychecks.”
Rep. Dwight Evans (D-Center City, West, and Northwest Philadelphia) also introduced the bill.
Grocery and convenience store employees are on the front lines, Evans said. The bill would help employees financially and would be a thank-you to these vital workers, he said.
The bill has the support of the National Grocers Association, the National Association of Convenience Stores, and the National Association of Truckstop Operators.


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Poll says retailers upbeat on business climate
Santo Domingo.- Thepresident of the national retailers grouped in the ONEC said Thursday that theimplementation of the one-stop window, the measures against informality and theapproval of the Mortgage Development and Trust Market have spurred the country’sbusiness climate for retailers, but noted that there’s still work to be done.
Antonio Ramos said "it’s a reality, the investmentclimate in Dominican Republic has been favored."
Ramos responded to the results of the Deloitte BusinessBarometer, which found that 66.7% of businesses call their situation very positive.
He said the actions by the Customs Agency and theInternal Taxes (DGII) to counter informality are a step forward.


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Nissan Motor Co. Ltd. appointed Indian cricketer Rohit Sharma as its new global brand ambassador, along with West Indian all-rounder Andre Russell and New Zealand captain Suzie Bates. The trio will endorse the brand starting with the ICC World Twenty20 in India from March 8.
The three cricketers, in addition to appearing on the advertising campaign of the company, will be active on social media throughout the tournament and will be a part of other initiatives such as Nissan Play of the Day.
"I'm thrilled to work with Nissan on their partnership with the International Cricket Council. The ICC World T20 is very special to me and takes a tremendous amount of hard work and innovation to win. It remains one of the most exciting cricket competitions in the world and I'm looking forward to sharing that with the fans," Rohit Sharma said in a company statement.
Sharma, Russell and Bates will join South African bowler Dale Steyn and Kagiso Rabada who were recently announced as Nissan's cricket ambassadors in their home country. The Japanese car maker signed a deal as the main sponsor of the International Cricket Council (ICC) events in October 2015. The deal, valid until 2023, confirms Nissan as a global sponsor of cricket's international tournaments, including the ICC Cricket World Cup, ICC Champions Trophy and ICC World Twenty20, as well as Under 19 and Women's Cricket and qualifying events.
Nissan has been in the forefront of sport sponsorship that already includes the UEFA Champions League, City Football Group and the Rio 2016 Olympic and Paralympic Games.


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The first one was so successful, the state treasury is having a second auction on ebay to unload their unclaimed property.
They just don't have the space to store it all. That's what State Treasurer Dawn Marie Sass says about the contents of safety deposit boxes in their possession. Under Wisconsin Statute, after 5 years of inactivity, financial institutions have to turn over that stuff to the State Treasurer's office for safekeeping.
“We do actively search for people for up to three years and then after that time, because we don't have a lot of space, we do have these auctions.”
The online auctions make for a win, win situation. Sass says the money generated from the sale is earmarked for the last known owner of the items. Until that owner comes forward, the treasurer's office makes use of the money.
“Until we can find an owner or an heir, yes, we do use the profits to support our office…”
Sass stresses there is no time limit for an owner or an heir to come forward and claim that property, which also includes uncashed utility deposits and paychecks, stocks and even forgotten bank accounts.
“You know there are people who, you know, may be in the service and are stationed over seas for five, six, seven years and then they come back and realize that their, you know, mother's safety deposit box was turned over. So, you know, they had no way of knowing that before they came back year, so we always keep the money earmarked for whoever that belonged to, so they never lose out.”
Some of the 29 items up for grabs right now on that ebay auction are jewelry, coins, sports cards and pocket watches. Sass recalls the most unusual item she came across was a Knights Templar Ring, sold in the first auction. Sass has spoken with other states who want to do the same thing, using Wisconsin's success as an example.
NOTE: Currently, the State Treasurer's office has approximately $281 million dollars and $58 million in stock assets that belong to the citizens and businesses of Wisconsin. There are roughly over one million people in the state who are owed Unclaimed Property.


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As the internet evolves, companies and regulators often find it hard to keep up. But keep up they must if their business is to remain their own, or their regulation is to remain effective. Richard Li and Joy Jiao report
From the moment it intruded on our calm and quiet lives, the internet has been a truculent servant, often demanding as much of our time as it saves, and offering as much financial ruin as opportunity to the unwary.
Its overwhelming popularity and rapid development has changed traditional lifestyles and challenged entrepreneur and lawmaker alike to keep up with its incessant pace in order to protect intellectual property (IP) rights and avoid the many entanglements of wiley infringers.
“Limited by the characteristics of the industry, internet companies cannot fully filter and vet all information on their network platforms, especially to tell in much detail whether such information violates the civil rights of others,” says Frank Liu, a partner in the Shanghai office of Jincheng Tongda & Neal. “If internet companies were required too strictly to perform its duty of care, it would not only lead to direct conflict with regulations, but also have a negative influence on the development of the internet industry.”
Zhang Hui, a partner in the Beijing office of ZY Partners, says that as products and operation modes of websites are developing, the forms of infringement on the internet are also constantly changing. “Features of the internet such as virtualization, digitalization and openness make IP infringement easier, more frequent and more difficult to find,” she says.
Zheng Yanling, another partner at ZY Partners in Beijing, has noted that some websites have started to use “safe harbour principle” as an excuse to avoid legal risk through various product modes such as BBS (bulletin board system), online communities for information sharing, search functions, links, network disks, player software, cloud storage and P2P (person to person) downloading software.


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Germany’s economy expanded at a faster than expected pace in the first quarter after shrinking in the previous three months, but rising inflation and the impact of the war in Ukraine have damped the outlook.
Gross domestic product grew a seasonally and calendar adjusted 0.2 percent from the fourth quarter, when the economy contracted 0.3 percent, preliminary figures from Destatis showed Friday. Economists had forecast 0.1 percent growth.
The statistical office attributed the latest growth mainly to higher capital formation, whereas the balance of exports and imports had a downward effect on economic growth.
The economic consequences of the war in Ukraine have had a growing impact on the short-term economic development since late February, Destatis said.
On a year-on-year basis, GDP rose 4.0 percent in the first three months of the year, following a 1.8 percent increase in the previous quarter. Economists had forecast 3.8 percent growth.
The GDP in the first quarter of 2022 was 0.9 percent lower than in the fourth quarter of 2019, the quarter before the Covid-19 crisis, Destatis said.
Due to the continuing Covid-19 crisis and the war in Ukraine, these results are subject to larger uncertainties than usual, the agency added.
Most inflation indicators of Germany are setting new highs in recent months amid runaway energy prices and supply bottlenecks due to the war and a resurgence of coronavirus in some parts of the world.
Figures released earlier on Friday showed that import prices rose 31.2 percent year-on-year, which was the biggest increase since September 1974 during the first oil crisis.
Official data showed on Thursday that German consumer price inflation unexpectedly accelerated further in April to 7.4 percent, a new high in over four decades. Producer price inflation hit a record 30.9 percent in March.
Energy prices have risen sharply since the war in Ukraine and that is strongly influencing inflation across the region as many European countries are dependent on gas and oil supplies from Russia. The rising trend in energy prices is expected to continue for sometime.
This week, the state-owned Gazprom shut gas supplies to Poland and Bulgaria, and Moscow demanded that European customers of its energy should pay in rubles, causing an uproar.
Berlin is trying to end its dependence on Russian oil and gas.
“With the war in Ukraine, today’s GDP growth data has never been more backward-looking,” ING economist Carsten Brzeski said.
“The much more interesting question is how the economy will perform in the second quarter and beyond, against the backdrop of high energy and commodity prices as well as continuing and new supply chain frictions.”
Source: Read Full Article


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Following is information and insight from IHS Markit about our H2 2016 Networking Ports: 1G, 2.5G, 10G, 25G, 40G, 100G Biannual Market Tracker, which includes data for the half-year ended June 30, 2016.
- Deployments of 1G/2.5G/10G/25G/40G/100G port shipments grew significantly in 2015 from the prior year
- Enterprises and service providers are investing in their networks to accommodate increasing demands on their networks posed by bandwidth-intensive and latency-sensitive applications
- Worldwide 1G port revenue peaked in 2015 and will continue to decline
Globally, 1G/2.5G/10G/25G/40G/100G port shipments jumped 32 percent in 2015 from 2014 to 743 million, and revenue grew 6 percent to $46 billion, driven by continued growth in network traffic and the need for constant network upgrades. Through 2020, we expect average annual revenue growth of 3 percent.
1G Port Revenue Has Peaked
1G delivers the bulk of ports and 10G delivers the bulk of revenue, but both segments are maturing and are no longer the growth engines of the 1G/2.5/10G/25G/40G/100G market. Instead, growth is coming from the newer 2.5G, 40G and 100G segments.
However, despite their diminishing revenue contribution 1G ports will play a crucial role in driving overall port growth as service providers and enterprises upgrade their access networks to 1G speeds.
High-Speed Port Revenue to Reach $39B in 2020
Until now, the main growth action in networking ports has been in high-speed port shipments—those 10G and higher—but this was not the case in 2015, when high-speed port growth stood at 18 percent (46 million ports) and revenue came in at $26.7 billion (up 5 percent from 2014). Port growth is being impacted by the move to high-density solutions that allow a single higher-speed port to serve multiple lower-speed links. And revenue growth is being affected by the transition to 25G/100G.
Still, high-speed port revenue growth will pick up again, with revenue projected to reach $39 billion in 2020—a 2015–2020 compound annual growth rate (CAGR) of 8 percent. By 2020, we expect the number of annual high-speed port shipments to exceed 154 million.
100G Won, 40G Lost in the Service Provider Market
Service providers are moving on from 10G to 100G, and shipments of interim 40G to service providers are plunging. However, this is more than made up for by surging 40G shipments into the data center market. We expect this to last through 2017, after which the data center market makes the transition to 100G as well.
100G port shipments almost doubled in 2015, benefitting from surging service provider demand for 100G wavelength-division multiplexing (WDM) and from enterprise and data center deployments, which grew significantly at the end of 2015 as low-cost optics came to market. In 2016, enterprise/data center 100G shipments will exceed those to service providers.
Networking Ports Report Synopsis
The IHS Markit networking ports report explores the demand for 1 Gigabit, 2.5 Gigabit, 10 Gigabit, 25 Gigabit, 40 Gigabit and 100 Gigabit optical and Ethernet ports, the size of the market and how fast each segment is growing, and which technologies and speeds are being adopted on various types of enterprise and service provider equipment.


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“Rip-off Clause” May Come to an End
Lisa Gilbert and Lisa Donner note in The Hill today that the so-called “Rip-off clause” in financial contracts may soon come to an end thanks to the Consumer Finance Protection Bureau (CFPB).
Specifically, they say:
Known as forced arbitration, this system of bought-and-paid-for justice has worked out very well for what The New York Times calls the “Wall Street-led coalition of credit card companies and retailers” that designed it. The great majority of injured consumers, once they find themselves locked out of court, simply drop their complaints.
By stripping people of any meaningful way to hold companies accountable for fraud or abuse, forced arbitration grants Wall Street an effective license to steal from consumers to pad its bottom line.
Tennessee Citizen Action is proud to have joined 280 organizations from around the country in supporting the CFPB’s proposal to stop the “rip-off clause” and protect consumers.
For more on consumer protections in Tennessee, follow @TNCitizenAction


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China’s Contemporary Amperex Technology Co. Ltd. (CATL), one of the biggest electric vehicle (EV) battery suppliers, is reportedly working on a A$6.8 billion battery recycling facility in the province of Hubei.
Reuters reports the company will use the 32 billion yuan facility to strip out valuable materials, such as cobalt and lithium, from end-of-life EV batteries and re-use them in various types of storage devices.
The battery recycling facility is being created as a joint venture with Hubei Yihua Chemical Industry Co. Ltd.
With EV demand skyrocketing, the supply chain is going to come under increasing strain. Re-using materials as well as mining them should help this while theoretically being better for the environment.
CATL was founded in 2011 as a spin-off of Amperex Technology Ltd. (ATL), which is a previous business founded by the same person, Robin Zeng.
The company specialises in manufacturing batteries for EVs and energy storage systems.
It has numerous manufacturing plants throughout China as well as one plant located in Erfurt, Germany.
It also has four main R&D centres in China and one in Munich, Germany.
According to the company’s 2020 annual report, there were 33,078 employees working for CATL at the time. This is predicted to have grown since then.
Most notably, CATL extended its battery supply deal with Tesla until 2025 according to Reuters in June 2021.
Its lithium iron phosphate batteries are fitted to Model 3 and Model Y vehicles at Tesla’s Shanghai gigafactory.
A portion of the Model 3 examples produced at this facility are manufactured in right-hand drive and exported to Australia.
CATL has also been researching the viability of sodium-ion batteries as reported by Reuters.
Working on a hybrid sodium- and lithium-ion battery pack, the company has said the same manufacturing equipment and facilities can be used to produce these batteries.
It has been researching this battery technology for a number of years now and expects production to commence in 2023.
These batteries still contain rare earth minerals such as lithium and cobalt, albeit in smaller amounts.
CATL says that its first-generation sodium-ion batteries will be designed for transport and could eventually replace existing lithium-ion EV batteries.
The Chinese battery giant isn’t alone in developing EV battery recycling centres as Volkswagen Group Components has opened a pilot plant in Salzgitter, Germany.
It’s been able to develop a closed-loop recycling process for recovering raw earth minerals, such as lithium, nickel, manganese and cobalt, from lithium-ion EV batteries.
This pilot EV battery recycling plant has been operational since January 2021 and has been designed to recycle up to 3600 battery systems during the pilot phase according to the company.


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“I have a core belief: People want to consume content over a mobile phone,” Rogers Communications CEO Guy Laurence told a press conference on September 14. That central tenet underlies a host of new initiatives at the telecom giant over the past 21 months, including a recent partnership with Spotify that offers free access to the music-streaming service for many Rogers wireless customers.
Laurence wants to stop talking to consumers about the price tag for a megabyte of data and start highlighting the movies, TV and music that can be consumed with those megabytes. Rogers (which also owns Canadian Business) has pursued this goal in diverse ways, sometimes creating its own services, as it did with Shomi, a video on demand service. It also launched new ventures in partnership other companies, as with its $100-million commitment to build a new content studio with Vice Media.
This era of strategic partnerships can make it difficult to draw distinctions between competitors and collaborators. As a wireless provider, Rogers sells Apple products in its retail stores and supports them on its networks. Yet the tech company recently launched Apple Music, a direct competitor to Spotify. Conversely, Spotify has a relationship with Rogers, yet its service is equally available to customers of other wireless services. “It’s a feature of the world we’re all in right now,” says Laurence. He noted that Rogers has a cable business, but has also benefited from the rise of Netflix and launching its own video-on-demand service.
“It’s not about doing something at the exclusion of something else,” said Spotify CEO Daniel Ek, in Toronto to discuss the partnership with Rogers. “The days of dictating to the consumers what they should get is over. What we can do is create best-in-class experiences where we come together and create a solution that benefits from more deeply understanding each others’ customers.”
Ek noted the Rogers team-up gave Canadian consumers an affordable way to discover Spotify. He noted Rogers’ portfolio of radio stations and video content producers could create other ways for the companies to collaborate in the future: “It’s taking all the things that we currently do well and finding exciting new things for our customers.”
MORE ABOUT SPOTIFY, ROGERS & STREAMING MUSIC:
- Spotify’s CEO says Apple Music is helping his rival service grow
- Why the Fido-Spotify deal matters
- With Netflix vs. Shomi, streaming video finally heats up in Canada
- Why is Apple in trouble? Blame the software
- Verizon-Aol shows that the U.S. media future looks a lot like Canada’s


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Attendees at this year’s event will debate key environmental, economic and market developments
This year's Global Bottled Water Congress takes place from Oct. 8 to 10 in Barcelona, Spain, with the industry gathering to debate key environmental, economic and market developments. Under the theme of natural value, senior representatives from companies such as Coca-Cola, Danone, Nestlé, Vichy Catalan and Unicer will be speaking and leading discussions over the three-day summit on innovations in packaging, global market perspectives and growth in emerging markets.
Scott Vitters, general manager - PlantBottle Packaging Platform for the Coca-Cola Co., lead the dialogue at the Congress, saying, "Significant economic, environmental and social shifts are creating change and uncertainty in the world today. Along with these changes are unprecedented opportunities for those that can advance innovative solutions that deliver shared value for both the bottom line and society at large.”
Zenith Intl. chairman Richard Hall believes it is vital for the industry to meet and debate the key market trends. "Economic pressures and changing consumer attitudes are forcing companies to review investment and innovation strategies," he said. "Meeting in one of the world's most vibrant and popular destinations, our 9th Congress aims to explore how the industry can unlock the natural value of bottled water and maximise its potential for future growth."
Other highlights of the congress include: a regional market overview with speakers from Vichy Catalan and Unicer, followed by global perspectives from Zenith Intl., Danone, Hassia and Nestlé; more insights on advances in plant-based packaging from Avantium, Braskem and Fonti di Vinadio; analysis of growth in emerging markets by Arisaig, Tibet 5100, Ajegroup and Wayfield Refriango; and a review of closure innovation from SmartSeal and Closure Systems Intl. The second day will feature new consumer priorities with Ketchum PR, Digital Foodie and Emnos; product innovation with Coca-Cola, First Beverage Group, 82Go and Devin; and a panel discussion on bottled water alternatives with the European Federation of Bottled Waters and FoodBev Media. Zenith Intl. will conclude with a global update on flavoured and functional waters. Press and delegates also will have the opportunity to take a tour of Grupo Vichy Catalan's production facilities and the Water Innovation Awards 2012 will be presented by FoodBev Media at a Gala Dinner on Oct. 9.


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New Delhi: The GST Council in likely to consider this week lowering of tax rates for job works for making garments to 5 per cent from 18 per cent, a source in the finance ministry has said.
The panel, headed by Finance Minister Arun Jaitley and comprising of representatives of all the 29 states, is also likely to consider removing anomaly in taxation in cases where the intermediate goods are taxed at the highest bracket than the tax on final output, the source said.
It will be the first full fledged meeting of the GST Council, chaired by Jaitley and comprising state counterparts, after the roll out of the new indirect tax reform on July 1.
The Council had on July 17 discussed, via video conferencing, hiking cess rate on cigarettes as there was some anomaly in the rate fixed earlier.
Apart from reviewing the roll out of the Goods and Services Tax (GST) regime, the 19th meeting of the Council on August 5 may take a look at streamlining the anomalies raised by the industry over the past one month, said sources, who did not want to be named.
Currently, services by way of job works in relation to textile yarns (other than man-made fibre/filament) and textile fabrics attract 5 per cent GST. Other job works in relation to garments attract an 18 per cent levy.
Sources said the Council may look at streamlining it and being all job works, including for making garments from fabric, under the 5 per cent slab.
"This would help the textile sector as the final product was taxed between 5-12 per cent," the source said.
As per the rates decided by the Council, in the textiles category, silk and jute fibre have been exempted, while cotton and natural fibre and all kinds of yarns will be levied a 5 per cent GST. Man-made fibre and yarn will, however, attract a 18 per cent tax rate.
All categories of fabric attract a 5 per cent rate. Man- made apparel
up to Rs 1,000 will attract a 5 per cent tax and those costing above Rs 1,000, will attract 12 per cent.


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WASHINGTON — The Trump administration for the first time will require pharmaceutical companies to include the price of prescription drugs in television advertisements if the cost exceeds $35 per month.
The move, announced on Wednesday by Alex M. Azar II, the health and human services secretary, is the most visible action the administration has taken so far to address the rising cost of prescription drugs. It has been a key issue for American voters and one that both Republicans and Democrats have vowed to address.
The proposal will most likely be challenged by the drug industry, which argues that revealing the list price will confuse consumers and could violate the companies’ First Amendment rights. While the list price of some drugs can be thousands of dollars a month, patients with insurance that covers their prescriptions frequently pay far less, often less than $50.
“We are moving from a system where people are left in the dark to a system where patients are put in the driver’s seat,” Mr. Azar said in a conference call with reporters.
In ads, drug companies have been required to provide a list of potential side effects. Under the new guidelines — expected to take effect this summer — all direct-to-consumer television advertisements for drugs covered by Medicare or Medicaid must include the list price, also known as the wholesale acquisition price, in their ads, Mr. Azar said.
A disclaimer will also state, “if you have insurance that covers drugs, your cost may be different,” according to officials at the Department of Health and Human Services.
Drug makers must update the price they disclose every quarter, which will be the product’s monthly cost or the price for a course of treatment if it is not a chronic medication. The disclosure must be in “legible” text at the end of the advertisement, much like the list of side effects.
The move has been pushed by patient advocacy groups, which have complained that televised drug ads — amounting to about $4 billion of the $5 billion spent by the industry on product promotion — steer patients to high-priced medications or drugs they do not need.
Many of the most heavily advertised drugs cost thousands of dollars per month. Two dosing pens of AbbVie’s Humira, which treats rheumatoid arthritis and other conditions, have an average retail price of $5,684, according to the website GoodRx, which tracks drug prices. Another frequently advertised drug, Xeljanz, a Pfizer arthritis medication, costs about $4,840 per month.
The drug industry has pointed out that many patients with insurance coverage pay far less than the list price. “We are concerned that the administration’s rule requiring list prices in direct-to-consumer (DTC) television advertising could be confusing for patients and may discourage them from seeking needed medical care,” said Stephen J. Ubl, chief executive of the Pharmaceutical Research and Manufacturers of America, the industry trade group.
On Wednesday, the lobbying group announced it had set up a website that would link patients to financial assistance for drugs as well as to company websites that provide data on list prices, typical out-of-pocket costs and sources of financial assistance.
The manufacturer Johnson & Johnson said this year that its ads would begin disclosing the list price, starting with those for the anti-stroke drug Xarelto that carries a $448 monthly list price, along with information about the typical consumer co-payment.
“If you’re ashamed of your drug prices, change your drug prices,” said Mr. Azar, who was a top executive with pharmaceutical giant Eli Lilly and Company before joining the Trump administration in January 2018. “It’s that simple.”
He compared the new requirement to a similar one for the automobile industry. “We have for over 50 years required that car manufacturers and car dealers post the sticker price of cars on the windows of their cars, and be transparent about that,” Mr. Azar said. “It’s a starting point.”
The new rule, he added, could prompt drug companies to lower their costs out of fear consumers would reject their products based on sticker shock alone.
Mr. Azar said he expected enforcement of the rule to come from the industry itself, from competing drug companies who sue those who do not comply for deceptive trade practices. If a drug company failed to disclose its price, it would be implicitly suggesting its product costs less than $35 a month, he said.
The change is part of a four-part plan by H.H.S. to tackle the issue of rising drug prices. It comes as House Democrats prepare to pass as many as a dozen health care bills, including several intended to lower drug prices, ahead of the 2020 campaign.
Democrats credit their victory in the 2018 midterm elections, in part, to a focus on health care, including preserving the Affordable Care Act.


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Yuri Mazur, Head of Data Analysis Department, CEX.IO Broker:
In 2017, the growth of BTC riveted attentionof all media, the same thing happened during the pandemic in 2020. Cryptocurrencies as such now do not need additional promotion, while their acceptance or rejection by companies and states is becoming, in a sense, a semblance of a pr-action and a tool for identifying with the latest trends in the global economy.
The launch of cryptocurrency advertising on Google is not a special and important event for markets.Although it has been banned by Google since 2018, this event has not been reflected in the digital asset market. The return to the advertising policies of the cryptocurrency search engine will most likely also go unnoticed for both investors and marketplaces. This is primarily due to the fact that for the recognition of Bitcoin, Ethereum, and indeed crypto projects in general, there is no need for a wide advertising campaign in search engines.
In addition, in our opinion, this eventwill practically not affect the recognition and popularization of cryptocurrency in the world, the share of advertising for digital assets in Google is likely to be extremely low in relation to other products. At the same time, it should be borne in mind that one of the most popular in the crypto community, the DeFi sector in Google ads is banned even in the updated version of the policy. This speaks of the IT giant's focus on established projects that do not need additional advertising.
Moreover, the updated Google policy alsoprohibits crypto ads from linking to sites that have trading signals or advice on investing in digital assets. In this case, advertisers must be registered with FinCEN and have a certain status. Thus, significant restrictions apply only to companies that are not ready to work according to transparent rules that are understandable to the global economy.
Paradigm shift indicator
But in the history with Google, there are certainpositive points. In a sense, the return of cryptocurrency ads to the search engine is a symbol of building confidence in the crypto industry. It is quite possible that this is due to the tightening of regulation in the United States, the gradual bringing the industry to uniform standards and rules throughout the country. This is by no means a step towards digital asset adoption at Google, but rather a recognition that the industry is heading in the right direction.
Compared to the actions of PayPal, Microstrategy,Tesla and SpaceX's Google initiative looks rather dull, so the impact on cryptocurrency quotes turned out to be very insignificant. If Google announces investments in bitcoin or the ability to pay for services using cryptocurrencies, such an event will have a strong long-term effect. But this did not happen.
Однако, позитивное упоминание криптовалют даже по such an insignificant occasion was further softened by the information background, which was extremely aggressive from May to July. According to the CEX.IO exchange, at the time of publication, the BTC / USD pair was trading near the $ 45,000 mark, while ETH / USD was held near the $ 3,000 level. market.


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Australian barley farmers and Canadian canola producers are on opposite sides of the world, but share a common blight: China, once their best customer is now a hostile adversary, accused of letting geopolitical goals sideline international trade rules.
May 19 China, which accounts for two-thirds of Australia’s malting barley exports, imposed an 80.5 per cent tariff on Australian barley for five years — a move that’s expected to all but stop Australian malting barley exports to China worth between A$600,000 and A$1 billion a year.
In March 2019 China banned canola shipments from Canada’s two largest grain companies, resulting in a 30 per cent decline in exports to what had been Canada’s best canola seed market.
Why it matters: Trading nations like Canada and Australia depend on rules-based trading and farmers from both countries are hurt when geopolitics enters the equation.
While Canada is expected to export more malting barley to China because of the tariffs, China’s actions further weaken rules-based trading, say Canadian grain industry officials.
“Despite the fact that this might open a window for Canadian malt barley exports, ultimately moving to a system in the world where trade is based on politics and might is right, that is not good for Canadian agriculture across the board,” Cereals Canada president Cam Dahl said in an interview May 20.
“We’re seeing this more and more where decisions around trade are based around politics and because of the pandemic we are going to see more of that, we’re going to see more economic nationalism, more protectionism and that’s not good for Canadian agriculture.”
Supply and demand will determine malting barley prices. Currently the worldwide demand for beer, which includes malting barley as an ingredient, is down because of COVID-19.
China claims it blocked imports of Canadian canola because shipments were contaminated with weed seeds and a race of blackleg, a canola fungal disease, China doesn’t have.
The Canadian Food Inspection Agency said it found no evidence backing China’s claims.
Many observers believe China’s real motivation was to punish Canada for its December 2018 arrest of Meng Wanzhou, vice-president of Chinese technology firm Huawei, at the United States’ request.
China claims its tariffs on Australian malting barley are justified because it is subsidized and being dumped (sold under the cost of production) — an allegation the Australian government denies (see sidebar).
Observers think China is punishing Australia because last month its Prime Minister Scott Morrison called for an independent inquiry into the origins of the COVID-19 pandemic, which is believed to have started in China.
Canadian government officials initially downplayed the idea China was playing politics; the Australian government is now doing the same.
“There is no trade war — everyone needs to take a deep breath and a cold shower,” Australian Minister for Agriculture David Littleproud told reporters in Canberra.
Littleproud is one of two ministers who have tried unsuccessfully to contact their Chinese counterparts to smooth escalating tensions over the trade of barley and beef to China, Australia’s largest trading partner.
China refused to talk to Canada’s Agriculture Minister Marie-Claude Bibeau about its canola complaints.
Like the Canadian government, Australia is also under pressure to take the dispute to the World Trade Organization (WTO).
“We call on the Australian government to support Australia’s farmers and exporters… and immediately pursue the WTO Dispute Settlement process to the fullest extent possible,” Australia’s grain industry body, GrainGrowers, said in a statement.
An Australian government official said a WTO appeal would take at least two years, and risked escalating trade tensions with China just as Australia is facing its first recession in three decades because of the impact of COVID-19.
“How can we not go to the WTO? Their justification has so many holes, I’m sure we will win and we have a duty to the farmers, but at what cost?” said the government source, who declined to be named due to the sensitivity of the issue.
Canada launched a WTO complaint against China, but University of Manitoba agricultural economist Ryan Cardwell has said even if Canada wins it may choose not to impose retaliatory tariffs on Chinese imports because it could hurt Canadian consumers more than it hurt China.
But Dahl hopes Australia does go to the WTO.
Cereals Canada is also urging the Canadian government to do all it can to promote rules- and science-based trading.
“Let’s encourage countries around the world, including China, to stick to rules-based trade and let’s make sure the rules put in place are technically grounded,” Barley Council of Canada executive director Erin Armstrong added in an interview May 20.
Bruce Burnett is certain China’s tariffs are politically motivated.
“I don’t think you can get around it,” the director of markets and weather at MarketsFarm said in an interview May 20.
(MarketFarms is owned by Glacier FarmMedia, which owns the Manitoba Co-operator.)
“It’s a lot like the canola situation,” he said.
“They (China) picked a commodity they can find another sources for. They are hoping to, quote, unquote, make Australia pay for this.”
The tariffs will hurt Australian farmers, but they’ve already exported a lot of barley to China this year and supplies are down due to drought, he said.
China’s tariffs will disrupt world malting barley markets, says Peter Watts, managing director of the Canadian Malting Barley Technical Centre.
“Australia will have to look for different market opportunities,” he said in an interview May 21. “It creates opportunity for malting and feed barley suppliers like Canada, France and Denmark and maybe the U.K. to a lesser extent, and Argentina and even Ukraine, to supply the Chinese markets. Then Australian exporters need to look for other market opportunities for their malting and feed barley. To some it’s just changing trade flow patterns, rather than it being sort of a boon to one country or another.”
Australia will likely export less malting barley and have to sell some of it into lower-cost feed markets in South Asia, the Middle East and perhaps South America, he said.
Some Australian malting barley will continue to be imported by China at much lower tariffs to be malted and then exported, Watts said.
China is also Canada’s biggest foreign malting barley customer accounting for 85 per cent of Canadian exports, he said.
“So I think we will see a boost in demand in China for Canadian malting barley,” Watts said.
“The one market where we will probably see a lot more competition from Australia that has been a traditional market for Canada, is Japan. We sell mostly feed barley into Japan, but we sell some malting and food-quality barley.”
Prices will depend on supply and demand — and right now demand is down, he said.
“The COVID pandemic has really slowed down global beer consumption,” Watts said. “There has been a real negative impact on demand for malting barley and processed malt in the short term.
“I would say the additional opportunities in China that are created by this will hopefully offset the slowdown in demand for Canadian malt.”
— With files from Reuters


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Cupertino will get gigabit Internet service, but not from Google
- Staff Silicon Valley Business Journal
AT&T Inc. expects to bring ultrafast Internet service to Cupertino, making California the sixth state in its national launch of U-verse fiber optic broadband, according to a report by the Wall Street Journal.
GigaPower by AT&T, which touts Internet speeds of up to 100 times faster than some popular services, will begin in Cupertino in the coming months. Cupertino, the home of Apple Inc., is not one of the cities being considered for Google Fiber's multi-city Bay Area buildout, which is currently in the planning process.
The broadband service provider plans to provide the fastest service in areas where residents can afford it, which raises concerns that less-affluent communities will receive inferior offerings, reported the Journal.
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It is said that the Tecno telephone organization and the Skyesports association have united for a versatile gaming title to be held in India in 2023.
GSMArena reports that Tecno has banded together with Southeast Asia’s driving esports association, Skyesports, for the Vital mission at hand Portable PoV Cup, which will be held all through the year in India. Under the arrangement, Tecno will be permitted to incorporate the Pova brand in occasions facilitated and broadcast by Skyesports.
Skyesports will communicate matches all through the competition on the association’s web-based entertainment diverts in English, Hindi, and Tamil. It will be communicated in four Telugu dialects. Tecno India’s President, Arijet Talapatra, likewise expressed that in this nation of 600 million cell phone clients, there are about a portion of a billion group who are keen on versatile games.
Shiva Nandy, organizer and President of Skyesports, a JetSynthesis brand, gives a more sensible figure.According to Nandy, there are 396 million versatile gamers in India who spend a normal of 14 hours seven days messing around.
The organization with Pova will permit Tecno to advance the organization’s Midranger series to a more youthful and more educated crowd. As indicated by Tecno’s public statement, India will be the world’s biggest versatile gaming market by 2022.
The Indian portable market is multiple times bigger than the US and 2.5 times bigger than China. The all out number of portable game downloads in 2020 is assessed at 6.5 billion to 15 billion, with India addressing 17% of game downloads.


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Huge New-York based fitness network launches in Dubai next month
Can’t stand running on the treadmill? This might be for you…
Not much of a gym bunny? Well listen up, as the world’s largest fitness network, ClassPass, is set to launch in Dubai this October.
Rather than just signing up to one gym, the ClassPass app allows users to book fitness classes in different gyms and studios directly. There’s several membership options with set monthly fees providing access to everything from HIIT classes to barre, spin, yoga, pilates and more.
Plus, anyone who signs up before the launch will earn themselves a free one-month access to a collection of fitness and exercise classes.
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Hey #Dubai ? – get ready to get sweaty because ClassPass is launching soon! That’s boxing, barre, cycling and more – all with one membership. Be the first to know when we officially arrive, and follow @ClassPassME for the latest local updates. Head to the link in our bio to join the waitlist.
ALSO READ: Five unique fitness classes to try in Dubai
“Our Dubai membership will be underpinned by ClassPass’ long-standing proposition of variety, flexibility and value, while our objective is to provide Dubai’s residents with entry routes into the highest-level of premium gyms and studios in the city,” said Fritz Lanman, CEO of ClassPass
Having launched in New York City in 2013, ClassPass is currently operational in more than 50 cities across the globe including Singapore, the UK and Australia, with access to more than 10,000 studios and gyms worldwide.
Grab your fitness buddies, we’ll see you at class.
Sign up at www.classpass.com/try/Dubai.


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A recent cyberattack on part of its information systems has prompted Taiwan-based MSI to issue a statement informing its users that the incident had occurred. The repercussions of the cyberattack could affect several of MSI’s branded computing equipment, such as motherboards, graphics cards, laptops, and more, The Register reports.
According to MSI, its own internal IT department “promptly activated relevant defense mechanisms” upon discovering that their systems were under attack. They were then able to carry out the recovery measures necessary before letting local government law enforcement agencies and cybersecurity units.
MSI users are advised to only get their firmware or BIOS downloads directly from official sources, which means MSI’s own website and social media channels, and to avoid clicking on unfamiliar and potentially harmful links or sources. Meanwhile, the company assures users that all affected systems have begun to return to normal operations and there was no significant impact on the company’s financial business.