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Before you take that next sip of coffee, consider this: Some of the beans in your cup of joe might have been picked during the Bush administration.
Arabica coffee that had been stored away as markets cratered in 2013 is now pouring out of warehouses, flooding the market with beans as old as nine years. Those beans, which are considered higher quality than the more bitter robusta type typically found in instant coffee, are coming out now because they get cheaper the longer they sit. Prices for better varieties have come down enough to tempt buyers who would usually be in the market for lesser grades.
Coffee that sits for 121 days after being certified by the ICE Futures U.S. exchange in New York loses half a cent a pound in value. The value of three-year-old coffee gets cut by 35 cents a pound. Nine-year-old coffee is discounted by $1.55 a pound, which would make it essentially free, as arabica coffee for July delivery on Tuesday closed at $1.35 a pound.
“There are some very old coffees that have been sitting around for years that are going out the door,” said Edgar Cordero, senior adviser on global strategy for the Colombian Coffee Federation, an industry group.
But several coffee roasters said they wouldn’t purchase beans that were more than a year old because they lose their flavor. Coffee buyers said the oldest arabica beans are headed to bulk and instant-coffee roasters, and ultimately to the companies that supply largely institutional coffees that can be found at some hotels, schools and vending machines. Many are expected to combine the older beans with newer ones or roast them longer to mask the taste.


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Mixer, Microsoft’s interactive game streaming service, today released a redesigned app for Android, with a counterpart on iOS “in the coming days.”
The new app, detailed by Mixer in a blog post, is designed for greater levels of personalization, interaction and simplified discovery of new users. Some of the new features include push notifications to let users know when their favorite streams log on, new tabs for trending streams and greater control of things like video quality and chatting features.
The refresh comes just a few months after Mixer introduced a social-oriented mobile apps for iOS and Android that let players stream on the go and share experiences in their favorite mobile games. The Mixer Create apps are an extension of the core function of broadcasting games and also a social outlet, similar to something like Facebook Live.
Microsoft purchased Mixer, a member of the TechStars Seattle 2016 class then known as Beam, last year. The deal gave Microsoft a rival to YouTube Gaming and Amazon’s Twitch, letting users livestream and watch games and other content.
Since then, Microsoft has integrated the streaming service into Windows 10 and Xbox, giving it a huge platform to add millions of users. Mixer has not disclosed its user base, but Microsoft reports 600 million Windows 10 monthly active devices and more than 53 million monthly active Xbox Live users, so if even a small fraction is using Mixer, it’s a significant number.

domain: news


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In Brazil, domestic ethanol sales during 2013/14 reached an all-time high of 23.07 billion liters, compared to 18.68 billion liters during the previous season. Hydrous ethanol sales saw more than a 16% increase while anhydrous sales jumped nearly 36%.
Much of the increase was due to the implementation of a 25% ethanol blend, which the industry says shows that it has no problem supplying increased demand, such as the 27.5% blend it is seeking.
More background on the story from the Digest
Category: Producer News


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Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has announced the launch of Dubai Wholesale City, the largest global wholesale hub, set to span over 550 million ft² (51 million m²), with an expected development cost of AED30bn (€7.5bn) over 10 years. The new development aims to increase the UAE’s share of the global wholesale trade sector, which is valued at $4.3tn (€3.96tn) and expected to grow to $4.9tn (€4.5tn) in the next five years.
Dubai Wholesale City’s proximity to major markets connecting three-quarters of the world’s population within seven hours of flight makes it an ideal meeting point between the east and the west, and serves as a key factor in distinguishing it from other wholesale hubs worldwide. Given Dubai Wholesale City’s proximity to Al Maktoum International Airport, and the Jebel Ali Port, the development will create a crucial link between four main continents and aims to be home to more than 15,000 wholesale traders.
The project seeks to revolutionise the global wholesale trade through the utilisation of integrated smart services, an advanced framework, and logistics support. The City will launch operations by servicing strategic sectors and will include specialised avenues (boulevards) for food, construction materials, electrical appliances, electronics, furniture and décor, machinery, equipment, wood, vehicles and spare parts, and textiles and clothing.
Dubai Wholesale City will also activate the world’s largest e-commerce platform for wholesale trade in the region. The new service aims to enhance the UAE’s capabilities in the global e-commerce space that is set to grow from $1.672tn (€1.539tn) to reach $2.941tn (€2.707tn) in 2018, with a compound annual growth rate of 21%. Notably, the UAE’s e-commerce market growth rate is expected to be double that of the global e-commerce growth rate.
The hub will also serve as an international trade exhibition facility and provide wholesale traders with comprehensive offerings, including state-of-the-art infrastructure, roads, warehousing, storage facilities and support services. For its part, the international business-to-business exhibition facility will convene buyers with suppliers from around the world. The sizeable asset will serve as a mediator in global trade and open up a raft of service options to producers and traders.
Dubai Holding will be developing the new city. Mohammed Al Gergawi, chairman Dubai Holding, said: “The new Dubai Wholesale City complements the series of projects in the emirate that articulate the unique vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum towards launching integrated destinations (cities) that serve diverse economic sectors. These include, amongst others, the Dubai Internet City and Dubai Media City that collectively host more than 5,200 companies and over 67,000 professionals across multiple industry verticals.


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The much talked about Renault Triber is a sub-four-meter MPV that will go up against the likes of the Datsun Go+ and the Maruti Suzuki Ertiga, with a low-sticker price being its trump card. Watch the video to know what it packs in.
How to save on car insurance premium
Radar cruise control equipped BMW R 1250 RT unveiled
Mercedes-Benz to locally assemble AMG performance cars in India
Maruti Suzuki Jimny 4x4 spotted testing in India
Nissan Magnite revealed: Everything we know so far
India’s largest auto media for the bike & car community for over 22 years.


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Discounter Aldi is set to launch more local format stores in London, reports the Retail Gazette.
The retail giant will open a new Aldi Local store in Camden on Thursday (27 June), which will sell 300 fewer items than a regular Aldi store.
It will also convert its stores in Archway, Eastcote, Kingston, Kilburn, Tooting and Romford to Aldi Local outlets on the same day.
In March of this year, Aldi launched its first local format store in Balham in South London.
The outlet received positive feedback from customers, prompting the retailer to expand the trial in other locations in London.
The results of these trials will determine whether Aldi will introduce the concept and branding permanently, the report said.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.


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08 September 2020
Apple's track record of iPhone launches suggests that September is the month when one should expect the arrival of new models. It has been following the schedule for quite a long time but this time around, the situation is different. The world is fighting with the COVID-19 pandemic that has affected almost everything including human lives and businesses. Speaking of the latter, smartphone companies are suffering from supply chain issues and the tech giant Apple is no different.
Jon Prosser, a well-known tipster and YouTuber, has claimed that iPhone 12 and new iPad models will be unveiled in October. He has not offered any other details other than the expected month of launch. It is safe to assume that Apple's supply chain is not working with the same efficiency as it used to and will take to prepare the first batch of devices in sufficient quantity.
iPhone 12— Jon Prosser (@jon_prosser) July 29, 2020
This year will be the first time we will see Apple release 5G iPhone models. Both 4G and 5G models were initially expected to arrive at the same time but as per a new Qualcomm announcement, 5G variants are expected to get delayed even further. It has announced that revenue per share is expected to get impacted in the next quarter due to the delay in the global release of a 5G flagship smartphone.
The announcement does not specifically mention the iPhone but the way phrase has been structured, it leads to speculation that the global 5G phone is none other than the iPhone itself. Apple is widely reported to have partnered with Qualcomm for procuring 5G modems that will be used in 5G iPhones.


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Lorillard wins lawsuit over Newport knock-off
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Greensboro-based cigarette maker Lorillard Inc. has won a lawsuit brought against the makers of a legal psychoactive drug named "Newprot" for trademark infringement.
Lorillard (NYSE: LO) argued that the name and packaging of Newprot too closely resembled the company's top-selling menthol cigarette brand, Newport, according to Courthouse News Service. The Newprot product was advertised and sold as "spice" — a synthetic cannabis product — and meant to be smoked.
"Only minor, trivial differences exist between the instant marks such that they are virtually indistinguishable," U.S. District Judge John Gibney Jr. wrote in his ruling, according the news service.
The lawsuit was brought against Majdi and Mohommad Abujamous, who sold the Newprot product in their three Tobacco Zone stores in Richmond.
"These were not acts of negligence, but rather deliberate decisions to trade on the popularity and widespread recognition of Lorillard's established brand," Gibney wrote.
Owen Covington covers health care, insurance, law/bankruptcy court, media/advertising, local government and sports business. Contact him at 336-370-2909.
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April 26, 2023 / News
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Inextrix announced to be part of upcoming India's Largest Tech and Infra Expo 2023. The company will exhibit its...
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Inextrix Technologies Pvt. Ltd, more popularly known as Inextrix, is one of the leading technology companies. The company has...
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Top related searches:
- save money
- food shopping online
- money off vouchers
- free coupons
- compare supermarket prices
- money off coupons
- save money on groceries
- household budgets
- cheap food
- cheap family meals
Market researchers Mintel found that four out of five families have changed their food shopping habits because of recent price rises and the general squeeze on living standards.
One in three households now buys less food. Top of the list of cut backs were fruit and vegetables and organic meat.
While the big four supermarkets (Tesco, Asda, Sainsbury's and Morrisons) claim they are offering promotions to lessen the impact of price rises, a survey complied for the Daily Mail by the shopping site mySupermarket found huge price rises on staple products, including own-label brands.
For example, Sainsbury's own-brand corn flakes have gone up by 37 per cent while its iceberg lettuce now costs 18 per cent more than it did this time last year.
James Foord, of mySupermarket, said: "In the past year alone, shoppers have been subject to double-digit price hikes to the contents of their shopping trolley.
"It is imperative consumers shop around for the best deals. Savvy shoppers can switch to cheaper budget products and supermarket own labels to make their budgets stretch."
A survey by consumer group Which? found that 84 per cent of shoppers are seriously worried about rising food costs and 39 per cent have started shopping at discount supermarkets such as Aldi and Llidl.
Richard Lloyd, Which? executive director, said: "People are feeling the squeeze from soaring food prices.
"They are changing their behaviour and becoming more savvy shoppers when it comes to groceries, but there's only so much they can do to cut back on the basics."
Have you changed your shopping habits in a bid to save money? Leave a comment below...


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Online retailer Kogan.com, along with six other ASX-listed companies, has been delisted from the S&P/ASX All Technology Index as part of a quarterly index rebalancing.
The change takes effect from today, March 20.
In addition to Kogan.com (ASX: KGN), Dubber (ASX: DUB), RedBubble (ASX: RBL), Temple and Webster Group (ASX: TPW), Cettire (ASX: CTT), Frontier Digital Ventures (ASX: FDV) and Fineous Corporation Holdings (ASX:FCL) was also removed from the index. No companies have been added in this reshuffling.
The announcement came earlier this month, shortly after Kogan.com revealed that its half-year loss had doubled from 12 months ago, with the online retailer posting a statutory loss of $23.8 million while gross sales were up 32.5%. fell to $471.1 million and sales fell 34.3%. to $275.6 million compared to a year ago. Kogan’s share price has fallen more than 27% over the past year to a market cap of less than $420 million.
Dubber, the cloud-based software platform for recording calls and voice information, has also suffered a horrendous run of losses, with its share price dropping more than 85% in the past 12 months.
Redbubble has faced similar issues, with its share price down more than 70%, while Temple and Webster’s share price and market cap has fallen by more than 50%.
The All Tech Index now has 45 constituent companies, led by logistics platform Wisetech Global, with Xero, Seek, Carsales.com, REA Group, Computershare, NextDC, Altium, Technology One and Block in the top 10.
The index originally launched in February 2020. Three years later, it has returned about a 15% increase in value thanks to the tailwinds technology stocks received during the global pandemic, but due to broader industry hammering and valuations over the past 12 months the All Tech Index is down about 11%.
More than two-thirds of the index, 68.9%, relate to information technology companies and a quarter, 26.5%, to communications services and healthcare.
On the third anniversary of the index, S&P also announced changes to category classifications, removing Internet & Direct Marketing Retail as an eligible subsector, while adding Data Processing & Outsourced Services and Transaction & Payment Processing Services.
The new membership classification for index stocks is: information technology sector plus the following subsectors: consumer electronics, internet and direct marketing retail, interactive media and services or healthcare technology.
The index had 45 companies, and removing seven brings the total to 38, eight fewer than the 46 the index launched with in 2020.


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Speculation that RippleNet and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) were planning to integrate may have caused the market cap of ripple (XRP) to briefly overtake that of ethereum to take the second position in the overall crypto market.
SWIFT Says it isn’t Joining RippleNet
This was based on the belief that with the integration, RippleNet — an enterprise blockchain which does not use XRP — would serve as a gateway to convincing SWIFT members to adopt XRP-integrated Ripple products like xRapid in the future.
Fueling the rumor was the fact that SWIFT had announced that beginning in November its new standard in cross-border money transfers, SWIFT global payments innovation (GPI), would be upgraded with the GPI tracker being extended to all payment messages for 11,000 banks on the network across 200 countries. With this upgrade, the rumor went, about 4,000 banks would now get access to Ripple products.
However, these rumors have been dismissed by SWIFT, according to Finance Magnates. Through its public relations firm, the bank-owned payments network that was founded more than four decades ago denied that the upgrade had anything to do with RippleNet:
“I’m not sure where those rumours are coming from but the upcoming standards release … is entirely unrelated to RippleNet.”
Possibly also contributing to the speculation are some developments which have taken place in the last couple of years. In April of last year, for instance, Ripple hired a former SWIFT executive who was responsible for selling its GPI offering, Marjan Delatinne, as its sales director for Europe.
Worlds Apart in Terms of Speed
Speed, transparency and traceability. With #SWIFTgpi, we are proud to be delivering on our #payments promises to the global community. https://t.co/4p5TTETneY #InsistOnSWIFT pic.twitter.com/XI6YiUEwdv
— SWIFT (@swiftcommunity) November 5, 2018
Had the speculation been true, such a partnership could potentially have seen SWIFT greatly benefit from the RippleNet, especially with regards to transaction speeds. While RippleNet claims it can route “payments efficiently and leverage instant settlement to transact in seconds,” SWIFT says that even with the upgrade, only 50% of the SWIFT GPI payments are credited in under half an hour — and SWIFT thinks that this is worth bragging about.
Prior to the brief “flippening” earlier this week, the market capitalization of XRP had overtaken ethereum’s a couple of times this year, as CCN had previously reported.
Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1
Blockchain payments startup Ripple has reported a 31 percent increase in sales of XRP over the first three months of the year.
The San Francisco-based firm sold a total of $169.42 million in XRP in Q1, compared with $129.03 million in the previous quarter, it announced Wednesday.
Ripple further said that direct institutional sales of XRP totaled $61.93 million in Q1 – 54 percent more than the previous quarter. Programmatic sales of the cryptocurrency, meanwhile, grew from $88.88 million to $107.49 million, an increase of 21 percent.
It’s not all good news, though. The total volume of XRP traded globally decreased by about 2 percent to reach $53.85 billion in Q1 as compared to $54.82 billion in Q4 of last year.
Further, looking at the year-on-year figures, XRP sales have not shown significant growth. In Q1 of 2018, the firm sold $167.7 million-worth of XRP, which is just 1.03 percent less than Q1 of this year.
Ripple said that it released 3 billion XRPs out of escrow accounts in Q1 2019 and additional 2.30 billion XRPs were returned and put into new escrow contracts. “The remaining 700 million XRP not returned to escrow are being used in a variety of ways to help support the XRP ecosystem,” the firm explained.
XRP, the third largest cryptocurrency by market capitalization, is now listed on around 120 exchanges, as 19 new exchanges moved to list the cryptocurrency in Q1 2019, according to Ripple’s data.
January to March 2019 was also the second-lowest volatility quarter since Q4 2013 for XRP, Ripple added, as “rolling volatility of 30-day returns steadily declined throughout the quarter.”
Ripple’s Q1 sales account for 0.32 percent of XRP’s global volume, reveals report
Ripple, a leading U.S based Fintech company providing payment settlement solutions, released its Q1 report for the year 2019. The report provides insight into the amount of XRP taken out from the escrow account, the firm’s financial progress, and an overall update on the XRP market.
The report stated,“Ripple’s Q1 sales accounted for 0.32 percent of global XRP volume. Three billion XRP were released out of cryptographic escrow, 2.30 billion returned to escrow. XRP is now listed on approximately 120 exchanges worldwide”
The report also stated that Ripple withdrew 1 billion XRP each from its escrow account over the last three months, a total of 3 billion XRP. Out of this, over 700 million XRP was used for the development of the ecosystem, while the remaining 2.3 billion XRP was deposited back into its escrow account.
Notably, the report stated that the firm sold $169.42 million worth of XRP in the first quarter, an increase to 0.32 percent from 0.25% in Q4 2018, in terms of sales in global XRP volume. On one hand, institutional direct sales also saw a significant increase from 2018 Q4, growing from $40.15 million to $61.93 million. On the other hand, programmatic sales also saw a massive hike from 2018 Q4, rising from $88.88 million to $107.49 million.
Cryptopolis, a Twitter user, commented,
Tony Valentino, another Twitter user, said,“Market manipulation at its finest.”
Ripple (XRP/USD) forecast and analysis on April 25, 2019
Cryptocurrency Ripple (XRP/USD) is trading at 0.3197. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Ripple. At the moment, cryptocurrency quotes are moving near the lower border of the Bollinger Bands indicator bands.
Ripple (XRP/USD) forecast and analysis on April 25, 2019
As part of the forecast Ripple course is expected to test the level of 0.3270. Where should we expect an attempt to continue the fall of XRP/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 0.3020. The conservative Ripple sales area is located near the upper border of the Bollinger Bands indicator at 0.3290.
Cancellation of the option to continue the decline in the Ripple rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of quotations of the pair above the 0.3320 area. This will indicate a change in the current trend in favor of the bullish for XRP/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.
Ripple (XRP/USD) forecast and analysis on April 25, 2019 implies a test level of 0.3270. Further, it is expected to continue falling to the area below the level of 0.3020. The conservative area for selling Ripple is located area of 0.3290. Canceling the option of falling cryptocurrency will be a breakdown of the level of 0.3320. In this case, we should expect continued growth.


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Coffee shop chain Bob & Berts is poised to open its first outlet in Scotland after serving up an ambitious expansion plan with £2 million of backing from BGF.
Industry expert Mohan Mansigani – a former chief finance officer at Costa Coffee and Casual Dining Group will join the board as non-executive chairman.
Bob & Berts was founded by Colin McClean, his father Arnold and brother-in-law David Ferguson in Portstewart. The team recognised the market opportunity to create a differentiated offering, with a focus on satisfying demand for quality coffee and fresh food. With its distinctive relaxed style and wide food offering, Bob & Berts appeals to a growing wide customer base.
The company already has a chain of 16 eateries in its native Northern Ireland and plans to open a further 30 stores over the next four years, creating up to 600 full- and part-time jobs in the process.
Twenty of the new outlets are planned for Scotland, accounting for some 400 jobs, with the first stores expected to open in the Central Belt of Scotland in the coming months.
The company’s strategy involves targeting market towns with strong local communities across Scotland, replicating Bob & Berts success to date.
Colin McClean, co-owner of Bob & Berts, said: “The business is growing quickly and we are looking forward to taking the next step. We have successfully opened ten stores in the past two years and are looking to open a further 30 stores over the next four years.
“Working with BGF will enable us to accelerate our growth plans and we are now actively looking at sites in Northern Ireland, Scotland and the Republic of Ireland. Fundamental to our growth plans will be maintaining the culture and the ethos that has made Bob & Berts a hit with our customers.”
David Ferguson, co-owner of Bob & Berts, added: “When we set up Bob & Berts, we wanted to offer something different to large multi-national coffee chains. Our branding, food selection and interior design sets us apart from our competition and we believe we have created an environment that encourages people to relax. All of our new cafes will be created with this culture in mind.”
New chair Mansigani served as chief finance officer at Casual Dining Group – the company behind brands including Belgo, Bella Italia and Café Rouge – from 2002 until 2014, having previously worked as finance director at Costa Coffee and TGI Fridays and in senior finance roles at Grand Metropolitan and Pizza Hut.
Gemma Hamilton, an investor at BGF, will also join the board of Bob & Berts.
Patrick Graham, Head of BGF’s Central Scotland and Northern Ireland team, said: “We are excited to begin working with Colin and David who, in a short period, have successfully developed a strong brand with significant growth potential.
“This investment, along with the introduction of Mohan, who brings a wealth of experience to the company, will help unlock their desire and drive to expand significantly in the coming years and we look forward to partnering with the business for this journey.”
BGF’s other investments in the leisure and hospitality sectors include Bar Soba, Mexican restaurant group Barburrito, and Thai chain Giggling Squid.
An established and independent company, BGF has £2.5bn to support a range of growing companies – early stage, growth stage and quoted – across every region and sector of the economy.
In return for an initial investment of typically between £2m and £10m, BGF takes a minority equity stake in the business.
The company can also provide follow-on investment and access to its Talent Network of business leaders who can give advice to its portfolio of companies.
Advisors to the transaction include:
Company Advisors: Deloitte
Company Lawyers: Shoosmiths
BGF Lawyers: Tughans
BGF Tax Diligence: RSM


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The best restaurateurs are good at the details: they pay attention to what ingredients go into the food, how each dish is plated and served, how much liquor is sold, and how quickly the tables turn.They need to train that same laser focus on a critical piece of paper that can spell the difference between big profits and big headaches: the lease.
Cameron Mitchell Restaurants puts employees first. And that’s not a platitude it pipes out to sound good; it’s been a principle of the company for 25 years.Central to its mantra is offering healthcare insurance options to the employees in its 30 restaurants, which range from casual service all the way up to fine dining.
Chili’s was recently inaugurated into a long list of companies that no business wants to be a part of—those that have experienced a data breach. It feels like every day another company is in the news with a breach, grabbing headlines of newspapers, and trending on social media.
Affordability, not discounting. It’s the foundation Red Robin believes will support long-term traffic and sales growth for quarters and years to come. But in the short-term? Challenging an increasingly value-focused casual sector isn’t always going to be pretty.
It is not easy to own and run a restaurant business. However, good lease terms are helpful for restaurant owners and may reduce the long-term costs of operating a restaurant and making necessary improvements.
Texas Roadhouse announced a key executive change, and it’s coming from within. The 558-unit, Louisville-based chain promoted Tonya Robinson to chief financial officer, replacing company president Scott Colosi, who served in the interim role since 2015.
Amid the current wave of powerhouse restaurant groups debuting one multimillion-dollar buildout after the next, it’s easy to forget that much of the restaurant industry is still made up of those ragtag owner-operated spots launched with a few bucks and a dream.
Antelope, Ostrich & Wild BoarChef James Gibney | British Beer Company | 13 East Coast locationsExecutive Chef James Gibney combined antelope, ostrich, and wild boar sourced from local Fossil Farms in New Jersey for a flavorful chili served at his annual BBC Game Dinner in January.
Pressed for time, a growing number of customers want to dine as quickly as possible and get in and get out of restaurants rapidly. To meet their client’s changing needs, many full-service eateries are introducing strategic practices to meet their guests’ needs such as curbside pick-up, paying the check by tablet, and quick and inexpensive power lunches.
As foodservice companies continue to find new markets to operate in, foreign reporting for tax purposes has grown in complexity due to an increased level of scrutiny in the last several years.U.S.-based foodservice companies with foreign subsidiaries use Form 5471 to report activity abroad on its U.
The year was 1958. Eisenhower was president, the hula hoop was introduced, and NASA arrived on the scene. And the first Pizza Inn opened. While Pizza Inn may not have changed the world like NASA, the restaurant, which featured high-quality pizza made from three types of homemade dough and pitchers of beer, left an impression.
Imported meats and proteins mix flavor and excellence to elevate full-service dining beyond what’s available domestically. From dry-cured Italian charcuterie to grass-fed, pasture-raised Australian lamb, restaurants are experimenting with countries, cuts, and categories in search of high-quality products for modern discerning diners.
If there is one thing that doesn’t change, it’s the fact that your food prices keep going up. Sure, there are some commodities that may drop in price due to seasonality, but if you look at the prices over the entire year, odds are they ALL have gone up, year-over-year.
Bravo Brio Restaurant Group rejected an acquisition proposal from Romano’s Macaroni Grill, the company announced May 15. The “unsolicited proposal” arrived May 9 and offered to purchase all of the fully diluted outstanding common shares for about $4.


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Bardstown Bourbon Company doubles capacity
Kentucky’s new Bardstown Bourbon Company (BBCo) is set to double production capacity following the success of its Collaborative Distilling Programme.
Bardstown Bourbon Company is said to be the largest new whiskey distillery in the US
Plans for the US$25 million site – said to be the largest new whiskey distillery in the US – were first announced in June 2014, when former Maker’s Mark master distiller, Steve Nally, joined as master distiller.
The firm, based in Nelson County, offers a “collaborative” whiskey, Bourbon and rye wholesale distilling programme, allowing customers to work with Bardstown to launch their own custom spirit brands.
BBCo was built with an initial distilling capacity of 1.5 million proof-gallons and a storage capacity of 185,000 barrels. However, the 37,000 square foot distillery was designed to ‘easily expand’ as demand grows.
Now, the distillery has broken ground on an expansion project to grow production capacity to 3m proof gallons, allowing it to “provide more capacity for current consumers, as well as take on new customers in the third quarter of 2017”.
BBCo can be expanded to more than 6m proof gallons within the current design by adding additional equipment.
The recent expansion was confirmed after Western Spirits Beverage Company became the first group to announce it had joined BBCo’s Collaborative Distilling Programme. Western currently makes the Bird Dog Whiskey, Lexington Bourbon and Calumet Farm Kentucky Bourbon Whiskey brands.
The partners will begin distillation this month.
“We are so excited about the opportunity to partner with the great team at The Bardstown Bourbon Company,” said Tim Livesay, president of Western Spirits.
“With their vision for a Napa Valley type experience, a state-of-the-art whiskey distillery and Steve Nally’s hall-of-fame Bourbon making experience, we are enthusiastic about making The Bardstown Bourbon Company the home of Western Spirits’ Bourbon portfolio.”
The Bardstown Bourbon Company plans to open its visitor and events centre to the public by Summer 2017. The centre will contain “one of the largest collections of whiskey in the state of Kentucky”.
Plans for the distillery also include an educational experience, high-end tours and tastings, event space, and eventually a restaurant and boutique hotel.
In October last year, New York-based drinks group Constellation Brands acquired a minority stake in Bardstown Bourbon Company for an undisclosed sum.


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Versace acquisition prompts the question
When the news broke that Michael Kors Holdings paid $2.12 billion for Italian fashion brand Gianni Versace S.p.A., people were surprised at the price. Calling the offer “a rich one,” the Wall Street Journal reported the brand had generated only $17.5 million in profits last year.
Investment analyst Oliver Chen with Cowen and Company was more bullish about the deal. With estimated sales of $775 million in 2018 and expectations to reach an ambitious $850 million in 2019, Chen put the enterprise value on Versace at 2.5x and EBITDA around 13.9x, which on both counts are within the luxury sector averages for acquisitions since 2011.
Along with the Versace news, Kors also announced it will change its name to Capri Holdings Limited, upon closing the deal in the fourth quarter, after the famed Italian island “long recognized as an iconic, glamorous and luxury destination,” the press release stated.
This is the second of Kors major luxury acquisitions, following Jimmy Choo for $1.2 billion last year. At the time, Kors CEO John Idol told CNBC that “This will not be [Michael Kor’s] last acquisition.”
Idol said, “Acquiring Jimmy Choo is the beginning of a strategy that we have for building a luxury group that is really focused on international fashion brands.” He is keeping that promise.
As a result, obvious comparisons to global luxury-leading conglomerate LVMH come to mind.
With Versace’s management team of creative head Donatella Versace and CEO Jonathan Akeroyd continuing to lead, and likewise at Jimmy Choo, the Kors vision of collecting a family of luxury brands was described by Greg Furman, founder and chairman of the Luxury Marketing Council, as “LVMH-izing American luxury.”
Walmart Doubles Down On Its Transformation Into A Technology Company
At this past June's Walmart Associate and Shareholders Meeting, CEO Doug McMillon continually referred to Walmart as a “technology company.”
That had many people scratching their heads saying, in effect, Walmart is not Microsoft, Google or Amazon, for heaven’s sake. MIT Technology Review asked, “Walmart wants us to believe it’s turning into a tech company?”
Doubters need to step down. Walmart has partnered with two of those tech leaders – Microsoft for cloud computing and Google for voice-activated shopping – and made a number of acquisitions and investments to elevate its ecommerce platform, along with investments in in-store automation that will eventually enhance operations efficiency within its nearly 5,000 stores.
Walmart is executing on its digital transformation. Following Walmart’s October 16 Investor Community meeting, Oliver Chen, Cowen and Company analyst covering retail and luxury goods, came back convinced.
Discover Your Luxury Competitors' Strategies
Unity Marketing just wrapped a new survey among 600 luxury industry executives across a wide range of vertical sectors (e.g. fashion, jewelry, home furnishings, travel, hospitality, design) and companies that support the luxury industry in marketing, advertising and technology strategies.
It takes you behind the curtain to get a unique perspective on the luxury market from the point of view of those that compete in the luxury industry.
The study, conducted in partnership with Luxury Daily, the world’s largest luxury business publication, found that the industry’s biggest challenges and opportunities revolve around the same trend: the rise of the digital economy.


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Latest Ultra high frequency Stories
DX Engineering now carries Kenwood radios, which means operators can enjoy Kenwood performance coupled with DX Engineering’s superior customer support and shipping speed.
WEST MELBOURNE, Fla., March 17, 2015 /PRNewswire/ -- RELM Wireless Corporation (NYSE MKT: RWC) today announced that it has received an international order totaling approximately US$2.0 million
Enables "Internet of Things" for smart grids, smart pipes, smart fields, intelligent transportation SUNNYVALE, Calif., Jan.
HD Frequency will unveil the newest digital antenna in its Cable Cutter line at 2015 CES International Jan.
The need for the wireless transfer of data will increase significantly in the coming years. Scientists at the Karlsruhe Institute of Technology (KIT) therefore propose to turn some of the TV frequencies that will become free into common property and to use it to extend existing wireless networks (WiFi) instead of using the frequencies for mobile communications.
LenoRF, a well-known electrical accessory manufacturer based in China, has unveiled its new range of N Male to UHF Female Adaptors on its website. (PRWEB) October
DALLAS, September 30, 2014 /PRNewswire/ -- ReportsnReports.com adds Spectrum for mobile broadband and broadcasting 2014 market research report that provides most likely
Recently, ZDA Communications has announced its new designs of 1700/2100 MHz AWS Antenna collection.
Recently, ZDA Communications, an experienced wireless antenna company, has announced its new range of high end UHF Antenna collection.
The new CM-300/350 V2 radios will replace approximately 28,000 aging ATC radios in more than 2,000 FAA facilities nationwide. SCOTTSDALE, Ariz., July 15, 2014 /PRNewswire/ --


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Evonik and 3D printing equipment manufacturer Asiga reached a cooperation to promote large-scale industrial 3D printing technology based on photosensitive resin
Time of Update: 2023-01-27
● Promote the development of large-scale industrial 3D printing manufacturing technology● INFINAM® photosensitive resin is ideal material for Asiga DLP 3D printerSpecialty chemicals company Evonik and Australian 3D printing equipment manufacturer Asiga will strengthen cooperation in 3D printing technology based on photosensitive resins .
In 2016, more than 10 new energy SUVs will be launched in China
Time of Update: 2022-11-20
According to statistics, in 2016, there will be more than ten electric SUVs on the market in China, covering the small, compact and medium-sized SUV market with high attention, and new energy SUVs will enter the Warring States Era. Taking BYD Tang as an example, the three-engine four-wheel drive dual-mode power system and the technical strength of full-time electric four-wheel drive not only achieve the myth of 4.
Qingdao plans to invest 76 million yuan in subsidies to build three major platforms for high-end instrument research and development
Time of Update: 2021-12-06
Chemical machinery equipment network hotspots pay attention to chemical machinery equipment instruments and meters The first phase of the construction of the Qingdao Demonstration Base for high-end bearings is based on the Qingdao High-end Bearing Research Institute, and the proposed subsidy amount is 49 million yuan; Science and Technology Co.
Russia continues to strengthen video inspections of domestic fish processing companies/ships that export to China
Time of Update: 2021-07-29
com News from the official website of the Russian Federal Veterinary and Phytosanitary Supervision Agency on June 25: The Federal State Budget Agency "National Fisheries and Aquaculture Product Safety Center" under the agency continues to deal with domestic fish processing enterprises/vessels exporting to China Perform a video inspection .
CMEF's new marathon is the first wave
Time of Update: 2021-02-18
eight days to go! June 3-6 covering the entire industrial chain, more than a thousand new products will soon shine on the scene hundred industry big curry, cloud talk about the trend of the era,
Rheos control agent RHIOVIS PU1291
Time of Update: 2020-09-19
. RHEOVIS PU1291 Product Overview: RHEOVIS PU1291 is a polyurethane water-based rheodridy control agent. product features: no heavy metals zero VOC no APEO provides good shear viscosity color p
Ziguang Chemical falls into "environmental protection door" or drags chemical medical group listed
Time of Update: 2020-07-01
type "Purple Light Chemical" in the internet search engine, will jump out of a series of "emission leading to meet the standards" and other articles, but the reality is that the company is recently


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BEGIN ARTICLE PREVIEW:
By Ryan Daws |
15th October 2020 | TechForge Media
Editor at TechForge Media. Often sighted at global tech conferences with a coffee in one hand and laptop in the other. If it’s geeky, I’m probably into it.
Ericsson and Orange are using their IoT expertise to help keep seniors connected with family, friends, and caregivers in what could be a very lonely time.
The COVID-19 pandemic is cruel in so many ways. Beyond the physical health impacts – including the long-term effects we’re only just beginning to understand – it is also causing financial burdens, mental health issues, and feelings of isolation.
Many youngsters are tech-savvy and already use means such as online gaming to help remain connected, but there are many in older generations that feel completely disconnected and left behind.
GrandPad is a tablet designed specifically for seniors to connect with the wider world through simple video calling, voice, text and email, and easy photo sharing. It even supports a person’s individual interests with unlimited music, streaming radio, news, games, and more.
Scott Lien, Co-Founder and CEO of GrandPad, said:
“Mobile devices have been a lifesaver during COVID-19, but challenges around WiFi, including its availability and reliability, often prevent older …
END ARTICLE PREVIEW


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After being linked to rumors of working with Apple and others to launch smartwatches, Swatch today revealed it is working alone on a smartwatch that is currently scheduled to be launched next summer. The Swatch Touch is just one of the many smartwatches the Switzerland-based watchmaker is working on, though it says it could be working with other technology companies for other smartwatches. Also Read - Apple led the growing wearable pack in Q4 2020, Xiaomi followed
Swatch’s Chief Executive Nick Hayek told Reuters that the new watch will allow the wearer to count the number of steps they take and calories they burn. “All the big technology firms want to work with us and I don’t rule out that we are or could be collaborating in some areas. But we can also do many things on our own,” he told the newswire service. Also Read - Realme sold over 8.3 million devices during festive sales period of 45 days
In the past year, we have seen the increasing potential of wearable technology and the market for smart glasses, smart watches, and fitness bands is estimated to reach about $3 billion by the end of 2014. Also Read - Amazon beats Flipkart in Q2 smartphone sales online in India: Counterpoint
Technology giants like Samsung, LG and Sony realized the untapped potential of wearable products and have already released a slew of smartwatches and smartbands in the market. Even Apple is expected to unveil its iWatch next week along with the iPhone 6 at a press event on September 9.
This onslaught of tech companies coming out with smart wearables, inevitably poses a threat to the market for traditional watches. IDC expects the worldwide wearables market to grow to around 112 million units by 2018. This rising trend pressurizes these traditional quality brands to reinvent their products and keep up with the changing times.
Initial rumors expected Swatch to team up with Apple and construct a dream team for Apple’s iWatch project. However those rumors were squashed by Swatch when they announced their plans to upgrade their own watches and maintain their supremacy in the watch market. However, the CEO does not rule out a future possibility of collaboration and told Venture Beat that conversations about partnerships with Apple and others have taken place — and that collaboration with some tech companies may be happening already.
This move by Swatch is strategic to keep itself relevant with the changing market needs. The fall of digital cameras can be solely attributed to better cameras in smartphones. IDC claims that overall global shipments of digital cameras has fallen by 30 percent in 2013 as more and more people have started making smartphones as their first choice of clicking photographs. Canon sold 23 percent fewer cameras in 2013 as compared to the year before. Even Sony and Fuji’s sales were down by a huge 35 percent last year. The report said that this industry previously had been growing by double digit for almost ten years before this fall.
Traditional watch makers are upgrading early to avoid the ill-fate that might come their way if they do not reinvent. Swatch, however, is not the first traditional watch maker to think of the need to upgrade. Timex recently announced its arrival in the smartwatch segment by announcing the Ironman One GPS targeting runners and other fitness buffs.


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Konami’s new action game, Neverdead is now out for the Xbox 360 and PS3. “The release of NEVERDEAD is extremely satisfying and exciting for Konami, taking the third person action genre to a new level of player interactivity” said Tomoyuki Tsuboi, President of Konami.
“In a destructible environment where even the amputated and severed pieces of the hero can be a weapon, anything is possible,” he added.
Here’s some info on Neverdead as given by the devs:
In NEVERDEAD, players become the immortal Bryce Boltzmann, a tragic hero who has endured a suffering existence due to the murder of his wife at the hands of Astaroth, the Demon King. Moving through life without aspirations other than where he will find his next drink, he fights alongside his partner Arcadia for the National Anti-Demon Agency (NADA), exterminating modern day demonic forces.
Players make use of the hero’s immortality to tackle obstacles featuring the new and often gruesome decapitation and regeneration mechanic. Rip off your arm to explode a detonation device against an enemy, tear off your head to scout the level, shoot electric bullets by getting electrocuted and brutalize your hero in every way to discover what abilities he possesses.
NEVERDEAD also includes online co-operative and competitive “challenges” where teams of up to four players can compete against each other or the enemy. The destruction of entire buildings, pillars, floors and interior wall sections adds elements of strategy and various abilities needed to destroy players’ foe. Gamers seeking more NeverDead thrills will be able to expand their online experience with exciting downloadable content, including new characters and additional missions within the multiplayer mode. More information on downloadable content will be announced later.


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Growing Popularity of E-Cigarettes Raises Questions About Its Regulation
The increased usage of E Cigarettes has prompted physicians and health regulating agencies worldwide to raise questions about the lack of proper regulations when it comes to Electronic Cigarettes. Absence of any concrete action by the U.S. Food and Drug A
Nonetheless, it should be noted that no such medical case has been reported as such due to the direct consumption of an electronic cigarette. E Cigarette brands have been considerate enough to take measures to put out a statutory warning to protect minors from any potential health hazards.
Various research carried out shows that the sale of E Cigs are now not just limited to the Internet but are also available in convenience stores, pharmacies and various other retailers. Many states have issued regulations such as ban on sale to minors and restrictions on using an E-Cig in a public place to keep a check on the growing market of Electronic Cigarettes but a more consistent and all-inclusive regulation is needed to keep matters under control. However, brands such as Green Smoke, Blu Cig and V2 have taken self-regulating measures to protect the interests of its users.
FDA in a news release on April 24, 2014, in their efforts to make the coming generation tobacco free proposed to cover additional tobacco products including E-cigarettes in the near future, however, a set date for such an action is still unavailable. The rise in the rate of consumption of Vapor Cigarettes has not only made regulating bodies strict in their approach but has also generated a positive response regarding compliance of such regulations from the E-Cig brands.
Digital Smoke is one of the leading electronic cigarette review site on the web. They regularly update and inform users of E-Cigs about new products, the uses associated with it and any new update in the E-Cigarette industry.
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.


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Industry veteran and Digital Chocolate CEO Trip Hawkins says Facebook's recent changes to its app notification system has led to consolidation and a higher bar to entry for games.
"Facebook’s changes have also shortened product lifecycles and triggered a rapid consolidation phase," says Hawkins, who founded video game publishing giant Electronic Arts. "The bar is now raised on competitive requirements like capitalization, scale and marketing."
The social network implemented adjustments to its application notification several months ago designed to limit the amount of "app spam" many users complained about, which also restricted viral options that social games depended on to re-engage fans and attract new players.
Many of Facebook's most popular games have lost millions of users
as a result of those changes -- Hawkins says that only seven virtual economy hit social games that launched prior to 2010 have managed to keep 65 percent of peak audience size, and three of those titles are from FarmVille
"Only one of these seven games, Ninja Saga
, is from a smaller independent developer," he notes in a recent blog post
. "Most of the hits of 2009 have declined precipitously and, despite the fact that most of them are from large, well-funded companies, they are getting scant marketing support because apparently it is unprofitable to do so."
As for newer titles, the Digital Chocolate CEO points out that only 17 games released in the first half of 2010 have a growing virtual goods economy and exceed 100,000 daily active players, adding that titles that don't hit those goals likely won't generate much revenue or recoup development costs.
No single company published more than two of those top-tier games in 2010 -- the studios that produced two include Zynga (Treasure Isle, FrontierVille
), Playdom (Social City, Verdonia
), EA/Playfish (My Empire, FIFA Superstars
), Digital Chocolate (Millionaire City, MMA Pro Fighter
) and Crowdstar (Hello City, Zoo Paradise
Hawkins also points out that of those 17 new hits, 15 came from venture-funded companies. He says, "Literally hundreds of other companies failed to make this list... Many small contenders are now being rolled up by larger developers like Playdom and Zynga while others just fade away. A few will make new hits but for each of those, more than 100 will fail."
He adds that a speedy cleanup of the social game space is underway, narrowing the sector to an oligopoly. The executive also argues that Facebook games have become a legitimate hits business like every other form of entertainment.
"Shallow games and apps that rely too heavily on spamming Facebook members, games that do not monetize well (since they won’t be able to justify additional investment in either new features or marketing campaigns), and smaller companies that either cannot or will not attempt to raise capital have also been shown to be vulnerable," says Hawkins.
"Conversely, while in 2009 the big story was how small developers like Slashkey established new genres like farming, the big story in 2010 is that the strong will get stronger, as evidenced by the high correlation of venture involvement and established scale with the 17 successful new games of 2010 thus far."


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We know you’ve heard of Verizon and T-Mobile, as they are two of the biggest names in the wireless network market, but have you been wondering: does Verizon own T-Mobile?
If that’s a question you’ve been wondering, you’ve come to the right place, as I’m going to get into all of those details and much more below, so continue reading to learn all about it!
Does Verizon Own T-Mobile In 2024?
Verizon does not own T-Mobile in 2024. T-Mobile owns and operates its own wireless network, and recently acquired Sprint, which makes T-Mobile an even bigger competitor to Verizon than it was previously. The two companies are competing for wireless customers, best coverage options, best plans, and competing for the biggest and best 5G network.
Do you want to know more about Verizon and T-Mobile, Like if Verizon has ever tried to buy T-Mobile? If so, keep reading to find out what I’ve discovered while researching!
Who Is the Main Owner of T-Mobile?
Deutsche Telekom, known as DT, is the majority owner of T-Mobile, and is a German telecommunications conglomerate.
Who Is Bigger- Verizon or T-Mobile?
Verizon also has a much bigger company than T-Mobile, and operates at about three times the size of T-Mobile, so there is a lot of difference when it comes to the company size itself.
Additionally, Verizon has more cash liquidity than T-Mobile, with about 7% compared to the T-Mobile cash liquidity of 3%.
Who Has Better Coverage- Verizon or T-Mobile?
Verizon has better coverage than T-Mobile throughout the United States, since Verizon covers 70% of the country, and T-Mobile covers about 62% of the country.
Has Verizon Tried to Buy T-Mobile?
Verizon has not tried to purchase T-Mobile in the past, and released a statement about the T-Mobile and Sprint merger claiming that Verizon isn’t changing its mission.
Furthermore, the statement read that Verizon will continue to focus on providing the best and most reliable wireless network in the country, as it has done for the past 20 years.
Will Verizon Try to Buy T-Mobile?
There are no indications that Verizon is looking to purchase or acquire T-Mobile in any form, although we cannot speculate on the future and where these two companies will go.
In addition, there has been no indication from T-Mobile that it would want to merge with Verizon, even after merging with Sprint.
The Sprint merger makes T-Mobile the third-largest carrier behind Verizon and AT&T, so it’s unlikely we will see T-Mobile fold into Verizon in the future.
How Are Verizon and T-Mobile Similar?
Verizon and T-Mobile both sell wireless cell phones and cell phone plans to customers, and offer nationwide 4G coverage with an ever-expanding availability of 5G coverage.
Further, both companies are in the telecommunications industry, and both offer perks with select plans to entice customers, whether it’s Netflix or Disney+ subscriptions.
If you’re trying to choose between the two, there isn’t enough difference for it to matter, as both Verizon and T-Mobile offer quality service and coverage for customers in the United States.
How Are Verizon and T-Mobile Different?
There are some differences between Verizon and T-Mobile, which include the fact that Verizon offers more of a variety of plans to customers that are not Unlimited data.
For example, T-Mobile only has one plan that doesn’t include unlimited data, whereas Verizon offers a ton of plans that don’t include unlimited data.
Additionally, Verizon is the best option if you live in a rural area, because T-Mobile lacks a lot of coverage and reliability in most rural locations within America.
On top of that, data caps are better with Verizon compared to T-Mobile, so if you’re using a lot of data, then Verizon is going to be a better choice!
However, T-Mobile offers cheaper unlimited plans, free WiFi, and in-flight text capabilities, and has much faster upload and download speeds compared to Verizon.
Is It a Good Idea for Verizon to Buy T-Mobile?
It would be a great idea for Verizon to buy T-Mobile, since T-Mobile acquired Sprint, as that could make Verizon the largest cell phone provider and network in the country without a doubt!
Furthermore, the main competitor to Verizon is AT&T, so if Verizon purchased or acquired T-Mobile, it could allow Verizon to better compete with AT&T, especially in 5G.
Also, since Verizon has better rural coverage than T-Mobile, it could allow T-Mobile to utilize the Verizon technology to become an option for those in rural areas if it remained a subsidiary.
T-Mobile also has had better growth than Verizon in recent years, such as an increase in revenue over the past three years at a rate of 26.5% compared to 4% for Verizon.
Therefore, it would benefit Verizon to buy T-Mobile, which could increase its growth and revenue, since both have been lagging for Verizon recently.
Verizon does not own T-Mobile, since T-Mobile is primarily owned by Deutsche Telekom, which is a German Telecommunications company.
Additionally, T-Mobile and Sprint have merged, which puts T-Mobile in more direct competition with Verizon, although AT&T is still the main competitor to Verizon.


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Amazon wants you to buy groceries online, and it seems they will succeed.
The new Brick Meets Click research,“How the online grocery market is shifting - What the industry needs to know in 2018,” reveals the latest growth estimates for the sector.
Based on their survey, Brick Meets Click estimates that online’s share of total grocery spending increased from 4.5% in 2017 to 5.5% in 2018, a gain of 22%.
Online grocery spending is expected to grow 13% per year, compared with 1.3% growth for store sales.
By 2022, online grocery will exceed 8% of total grocery spending, according to the report.
Meanwhile, the report reveals spending by weekly “active online grocery shoppers” increased from 28% of the household’s grocery spending in 2017 to 46% in 2018. That’s an increase of 61% compared with the previous year.
The report’s closing note suggests why Amazon is so formidable in online grocery.
According to the authors, while more than three-quarters of U.S. households buy products on Amazon, just 11% bought groceries from them in the last month.
That’s gap means there is a lot of room for Amazon to grow its grocery business through incentives with Prime membership and leveraging Whole Foods supermarkets for points of distribution.
On July 24, Amazon and Whole Foods Market said that they have launched delivery of natural and organic products from Whole Foods Market through Prime Now in Fort Lauderdale, Miami, Palm Beach, parts of Long Island and select areas in New York City.
“Prime members in those cities can shop through Prime Now for bestselling items including fresh produce, high-quality meat and seafood, everyday staples and other locally sourced items from Whole Foods Market,” the Amazon release said.
Amazon said the service launched earlier this year and will expand to additional neighborhoods in New York City, and across the U.S. throughout 2018.
If Amazon makes it easy to buy high-quality produce online at a reasonable cost, the online retailer surely will change the world, whether we want it to change or not.


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The forthcoming Apple Watch 2 continues to gain more interest from tech buffs and casual buyers alike with purported brand-new features that will be unique to the new wearable device.
It is not like Apple is the only one tapping into the smartwatch market, but given the branding that it has and the reputation of the company to deliver every time, consumers are especially excited about the Apple Watch 2. This is despite the fact that the Cupertino-based company has continued to dodge questions with regard to the device. While it may turn off some of the buyers who are running out of patience waiting, it has instead fueled more motivation to scour for possible features of the next generation gadget.
Rumors are still persistent that the Apple Watch 2 will somehow be finally launched in September together with the new iteration of iPhone.
Looking into patterns and trends, there is really not much to read into given that the Apple Watch 2 is already a couple of months late should the tech giant want to release it a year after its predecessor. The original iteration of the gadget was launched back in April 2015 so some fans may argue that the follow-up is already long overdue. Regardless, the Apple Watch continues to do well in terms of sales. In fact, according to figures by Swiss Bank UBS, it sold around 1.7 million units last quarter which boasts of an increase in sales of about 100,000 smartwatches. Going into this current period, the association is forecasting for the sales to reach two million, which will effectively make this year’s sales total at around 10 million units.
The impressive staying power of the Apple Watch may be an indication of greater things to come in the product family. As the company continues to develop the product, rumored to have FaceTime capabilities and additional app features that will make it more independent of its iPhone partner, fans may realize that it is totally worth the wait.


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But I don’t get to watch much television. Primarily because of documents. I’m reading documents. A lot.
— Donald Trump, ca. November
On Monday morning, it kinda seems like maybe the President eschewed his traditional “document study” time in favor of a heavy dose of Fox News, because what emanated from his Twitter feed starting promptly at 7:02 ET and continuing at regular intervals for the next three hours was right out of the Alex Jones/right wing conspiracy playbook.
There was Mexico, the “caravans”, the FBI, the DoJ, NAFTA, and of course Amazon.
Calling it “unhinged” would be to grossly understate the case.
Another horrific day for Amazon thanks to the President’s tweets – this was the fourth time this year the shares have fallen 4% or more:
Stocks plunged across the board – the Nasdaq is now red for year:
Worst start to a Q2 in 89 years:
It looks like the 200-DMA might be out of the running to replace Jerome Powell:
New fed chair is fired. S&P 500 FALLS BELOW 200 DAY MOVING AVERAGE
— Walter White (@heisenbergrpt) April 2, 2018
VIX hit a 25 handle for the first time since March 23:
Big-cap tech still stretched valuation wise compared to the broader market:
Nasdaq 100 forward P/E vs S&P 500 would seem to imply the big guns won’t be the first to get valuation support. pic.twitter.com/HdU0aR6IOK
— Luke Kawa (@LJKawa) April 2, 2018
The Amazon “VIX” is spiking:
Specs caught offsides (largest net long in five years based on latest CFTC data):
USDJPY dove in the risk-off move, reversing some of last week’s rally:
Remember when everyone was worried about 3% on 10s? Me neither…
Intel plunged on reports Apple is set to use their own chips in Macs (Stifel was out defending the shares). At one point, INTC was down 9%, its worst intraday loss in more than two years:


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Measuring Litecoin's Anonymity: Evaluating its Privacy Features
By Noah Washington August 2, 2023
- Litecoin, one of the earliest and most resilient cryptocurrencies, embarked on the MimbleWimble upgrade to enhance its privacy and fungibility features
- This ensures secure and confidential transactions
- The MimbleWimble upgrade faced regulatory challenges in South Korea, resulting in delisting by some exchanges in 2022
- MimbleWimble's adoption highlights a growing interest in privacy-focused solutions, but its future depends on addressing regulatory challenges and market sentiments
Since its inception in 2011, Litecoin has cemented itself as one of the earliest and most resilient cryptocurrencies on the market. As a peer-to-peer digital currency built on blockchain technology, Litecoin set out to improve on some of Bitcoin's shortcomings by offering faster transaction times and lower fees.
Over the past decade, Litecoin has experienced its fair share of highs and lows. But through it all, Litecoin's loyal community and core developers' commitment to innovation has enabled it to stand the test of time. While the road ahead remains uncertain, Litecoin continues to hold an important place in the cryptocurrency ecosystem as both a payment method and a store of value. With major developments like Mimblewimble and Flare Network on the horizon, Litecoin has proven its resilience time and again.
In 2021, Litecoin embarked on a significant upgrade known as MimbleWimble, aiming to enhance its privacy and fungibility features. MimbleWimble is a privacy protocol originally proposed by an anonymous developer named Tom Elvis Jedusor in 2016. The protocol gained attention for its innovative approach to privacy without sacrificing the security and scalability of the blockchain.
The MimbleWimble Upgrade
The development of MimbleWimble, known as MWEB (MimbleWimble Extension Blocks), was a collaborative effort involving key developers and the Litecoin community. The upgrade sought to introduce confidential transactions and enhance transaction privacy, bolstering Litecoin's position as a secure cryptocurrency.
MimbleWimble's privacy features rely on the concept of confidential transactions. This obfuscates transaction amounts while ensuring validity through cryptographic proofs. This innovation makes it significantly more challenging for external parties to trace or link individual transactions, preserving users' financial privacy.
Apart from enhancing privacy, MimbleWimble also enables the removal of spent transaction data from the blockchain, leading to a significant reduction in blockchain size. This enhancement translates into improved scalability and reduced resource requirements for maintaining the Litecoin network, making it more accessible to a broader user base.
Despite its advancements in privacy, Litecoin's journey with the MimbleWimble upgrade encountered regulatory compliance challenges, particularly in South Korea. In early 2023, several South Korean cryptocurrency exchanges decided to delist Litecoin due to concerns regarding its compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.
The decision by South Korean exchanges to delist litecoin was primarily motivated by compliance concerns with the Specific Financial Information Act (SFIA). The SFIA requires cryptocurrency businesses to adhere to strict AML and KYC standards and imposes penalties on exchanges that fail to comply.
The delisting of litecoin by prominent South Korean exchanges had a noticeable impact on its trading volume and market sentiment. With South Korea a significant player in the cryptocurrency market, the sudden removal of litecoin from these platforms resulted in a temporary dip in its price and overall market confidence.
Elliptic's Solution for Compliance
In response to the growing need for regulatory compliance solutions in the cryptocurrency industry, companies like Elliptic have been providing useful services. Elliptic is a blockchain analytics and compliance firm that specializes in providing tools and services to identify and prevent illicit activities in cryptocurrencies.
The delisting of litecoin in South Korea highlights the delicate balance between privacy enhancements and regulatory obligations. While privacy features are essential for preserving financial sovereignty, they can also raise concerns about potential misuse by bad actors.
Elliptic, along with other compliance firms, aims to strike a balance between privacy and regulatory compliance. By providing blockchain analytics tools and transaction monitoring services, Elliptic enables exchanges and businesses to identify suspicious activities without compromising user privacy.
Through the implementation of advanced analytics, exchanges can gain insights into source of funds and transaction patterns, helping meet regulatory requirements. This enables businesses to continue supporting litecoin transactions while ensuring compliance with local and international regulations.
Privacy-Related Cryptocurrencies in South Korea
South Korea's approach to privacy-focused crypto has been a topic of discussion since 2020. That's when it explicitly prohibited the trading of privacy coins, such as Monero and Zcash, on local exchanges. The ban was driven by concerns privacy coins could facilitate illicit activities and hinder law enforcement's ability to track transactions.
MimbleWimble takes a more transparent approach to privacy compared to previously banned darkcoins. It hides transaction amounts but keeps transaction history public on the ledger. This allows for auditability and adherence to AML and KYC regulations, unlike fully anonymous cryptocurrencies.
MimbleWimble's Adoption and Potential Challenges
MimbleWimble's privacy benefits, such as improved transaction anonymity and scalability, make it an attractive option for privacy-conscious users and businesses. However, implementing such an upgrade on an established blockchain like Litecoin requires careful planning and community consensus, leading to potential challenges in execution.
The successful implementation of MimbleWimble in Litecoin has piqued the interest of other blockchain projects. Several cryptocurrencies have expressed intention to explore the integration of MimbleWimble or similar privacy protocols, signaling a growing interest in privacy-focused solutions across the industry.
Future of MimbleWimble and Litecoin's Privacy Features
The future of MimbleWimble and Litecoin's privacy features remains uncertain, given the evolving regulatory landscape and market sentiments. While the upgrade has introduced valuable privacy enhancements, its full adoption and acceptance may depend on how regulatory challenges are addressed and how the wider crypto community perceives the changes.
Despite these challenges, the technical aspects of MimbleWimble hold promise for future blockchain developments. Its combination of privacy, scalability, and efficient data storage could potentially pave the way for more inclusive and secure blockchain ecosystems.
The MimbleWimble upgrade for Litecoin represents a significant step towards enhancing privacy in the cryptocurrency space. By introducing confidential transactions and reducing blockchain size, Litecoin aims to meet the evolving needs of its users and maintain its relevance in the market.
The future of privacy-based upgrades like MimbleWimble depends on the industry's ability to navigate regulatory challenges while fostering innovation. As the blockchain industry continues to evolve, privacy will remain a critical aspect of cryptocurrency development. By learning from Litecoin's experience with the MimbleWimble upgrade and addressing regulatory concerns proactively, the community can shape a more inclusive, transparent and privacy-respecting future for cryptocurrencies.


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In 2013 a transplant surgeon noticed the high number of people coming to her hospital with liver failure. She interviewed several of these patients and found that they had all taken the OxyElite Pro fitness supplement. The discovery led to a nationwide recall, and several lawsuits were filed, but it also exposed a danger that many Americans never suspected.
Things You Didn’t Know About Dietary Supplements
A study from the New England Journal of Medicine examined ER visits between 2004 and 2013, and discovered that 23,000 of those visits were associated with supplements. The study reported that 65 percent of those incidents involved supplements for weight loss, energy and sex drive, while around 30 percent of these visits involved vitamins and micronutrient pills. A quarter of those visits were by people ages 20 to 34, and almost another quarter of these visits were made by children who took supplements not meant for them.
Can Dietary Supplements Be Regulated?
Dietary supplements are treated like food items under the Dietary Supplement Health and Education Act of 1994. This means that a product must be proven harmful to consumers before it can be removed from the market, rather than manufacturers having to prove that a supplement is not harmful to people before they put it on shelves.
Though many researchers have proven that supplements can have harmful side-effects, these potentially dangerous products have made it to store shelves nationwide. Organizations like the Council for Responsible Nutrition are fighting to tighten the regulation of these products, but lobbyists have been able to halt bills that would force manufacturers to prove the safety of their products before they go to market.


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On Sunday, Marshawn Lynch stopped by a Dallas McDonald's and found a fellow sneaker admirer in 17-year-old Terrance Downs.
Downs, who according to TMZ was mopping at the time, struck up a conversation with Lynch about his shoes.
"I told him I liked his shoes -- navy blue Buscemis -- and how I wanted to buy a pair and we all started talking," Downs tells TMZ Sports.
Lynch asked him about school and what he wanted to do in life, and Downs told him he's into fashion and wants to own a boutique one day.
Lynch handed him $500 in what's only the latest chapter of Marshawn the Magnanimous.
"If you're serious about getting those shoes, here's some money to help you get 'em," Lynch said, according to Downs. "My job is to continue to see you grow."
Downs "went out and bought a pair," TMZ reports. Buscemis retail upwards of $800.
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SB Nation presents: Seahawks fans show what makes the 12th man so special


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ShareRoot Limited (ASX:SRO) chairman Julian Chick has acquired more than 1.6 million fully paid ordinary shares through participation in the company’s rights issue.
The transaction brings Chick’s total shareholding to more than 4 million ordinary shares as well as 3 million unlisted options at an exercise price of 0.6 cents until February 2023, 2.5 million at 0.5 cents until May 2023 and 11 million at 0.5 cents until May 2024.
The company raised $780,000 following the rights issue which closed earlier this month after raising $509,612.
Funds raised will be used to scale the existing revenue-generating digital client services and complete and launch new technology products and roll out marketing campaigns.
Chick was appointed as chairman in May 2019 after the resignation of Harvey Kaplan.
He is an executive with more than 25 years of experience in the biotech and medical technology industry, as well as five years in investment banking.


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Recycling with us is good for the environment, good for the community and good for business.
Washington, DC (PRWEB) November 21, 2006
The National Association of Triads, Inc. (NATI) announced today that they are actively seeking cell phone retailers to collect cell phones to benefit their emergency cell phone program. Through their partnership with the 911 Cell Phone Bank, NATI will provide to cell phone retailers a no cost cell phone recycling program.
Over 11 million cell phones are retired each month in the US and most can easily make it to your local waste stream. In support of new state recycling laws, communities nationwide are banning their disposal in local landfills. Many of these laws are aimed directly at cell phone retailers.
Recently, New York Governor George Pataki signed legislation that will require every cell phone retailer in New York to accept up to 10 used cell phones from any person during normal business hours. The retailers would then be responsible for recycling, or disposing of them in an environmentally sound manner. A similar law went into effect in the State of California in July of this year.
The 911 Cell Phone Bank program is a free, convenient and easy recycling solution. Retail partners simply collect cell phones in the boxes provided and mail them in using postage paid shipping labels. Boxes are shipped via the USPS so there is no need for a UPS or FedEx account, simply hand the box to the postman. Each participating retail store also gets a Compliance Kit which includes in store signage, a Certificate of Participation and a quarterly environmental report.
"This is a great opportunity for retailers to comply with any recycling legislation and give back to the community" said James Mosieur, a Director at the 911 Cell Phone Bank "Recycling with us is good for the environment, good for the community and good for business."
The 911 Cell Phone Bank program provides emergency cell phones and funds to law enforcement and victim services agencies nationwide. Cell phones recycled under this program will benefit the National Association of Triads, NSA's national senior safety program and participating local law enforcement agencies.
"The 911 Cell Phone Bank has been a great partner" said Ed Hutchison, Director of NATI. "Having this resource available let's law enforcement focus on serving the community."
The 911 Cell Phone Bank has contracted with RMS Communications Group to act as its exclusive processor. As a leading worldwide cell phone recycler, RMS has worked with retailers, manufacturers, charitable groups and environmental organizations to create innovative cell phone recycling programs with a focus on self sustainability.
For more information about cell phone recycling with the 911 Cell Phone Bank please visit http://www.911cellphonebank.com/retailers.asp or call 352-369-3888.
About the National Association of Triads
Triad is a partnership of three organizations - law enforcement, senior citizens, and community groups. The sole purpose of Triad is to promote senior safety and to reduce the unwarranted fear of crime that seniors often experience. The National Association of Triads, Inc. assists law enforcement in organizing local Triad programs by providing ideas, programs, and training materials to implement in communities nationwide. For more information visit http://www.nationaltriad.org.
The 911 Cell Phone Bank is an initiative of The RMS Foundation. It was created to provide an ongoing and readily available source of 911 cell phones and funds to meet unexpected and urgent needs of participating law enforcement and affiliated victim services agencies. Since its inception, the 911 Cell Phone Bank has generated hundreds of thousands of dollars and tens of thousands of cell phones for victim services organizations nationwide. It is a nationwide program designed to maximize community cell phone donations. To learn more visit http://www.911CellPhoneBank.com.


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RUSSIA: Carlsberg shares tumble on regulation fears
Carlsberg shares have tumbled after Russia's parliament voted to back new sales restrictions on alcohol.
Members of Russia's Duma, the lower house in the country's Parliament, have voted to to support the alcohol bill, which would ban outdoor kiosks from selling alcohol and prohibit beer sales between 23:00 and 08:00 hours.
By midday today (7 July), Carlsberg's shares were trading around 5% lower on the Copenhagen Stock Exchange than at the beginning of yesterday, although there had been a mild pick-up by mid-afternoon.
Carlsberg is the most exposed of the mulinational brewers to Russia. The group owns Baltika Breweries, which leads the market with around a 40% volume share. Anheuser-Busch InBev's Sun InBev is its nearest rival, with a share of just 16%.
Russia's prime minister, Vladimir Putin, has been quoted as calling the nation's drinking habit a "scourge".
Brewers have been lobbying Russian politicians in an effort to avoid further punitive measures against them, following a three-fold hike in beer tax in January 2010.
A Carlsberg spokesperson declined to comment on the latest development today, because the bill remains only a proposal at this stage.
Previously, the brewer has appeared confident that the threat of new legislation on alcohol sales will not have too much of an effect on its Russian business, which operates largely at above-average price points. There is also a sense that the Government is keener to target vodka, rather than beer.
"We've had two very challenging years, but I'm extremely optimistic about Russia," Carlsberg's CEO, Jørgen Buhl Rasmussen, said in an exclusive interview with just-drinks earlier this year.
I can't help but feel slightly bemused by the furore surrounding a report that Anheuser-Busch InBev paid a communications agency to change details on a Wikipedia page for one of its brands....
Carlsberg has said that it has "full confidence" in management at Chinese partner Chongqing Brewery, despite seeing the group's shares suspended from trading....
Guangzhou Zhujiang Brewery is planning to raise up to CNY2.21bn (US$350m) via a share issue in order to expand capacity in China's growing beer market, according to local reports....
The UK arm of Anheuser-Busch InBev has defended its use of a lobbying agency to remove references to the term 'wife beater' from the Wikipedia page for its Stella Artois lager brand....
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Mallinckrodt’s Q2 profit falls 66 percent on charges, lower sales
Net income and net sales were down for Mallinckrodt in its fiscal second quarter from the prior-year period, mainly due to costs associated with acquiring Cadence Pharmaceuticals and comparison to higher sales a year ago when new product dosages were released.
In its fiscal second quarter ended March 28, Mallinckrodt’s net income fell 66 percent to $11.6 million from the prior year’s comparable period, according to the company’s quarterly earnings release Thursday. The decrease reflects a $23.1 million environmental remediation charge; $18.5 million in transaction costs, primarily associated with completing its $1.4 billion acquisition of San Diego, California-based Cadence; increased restructuring charges; and current-year interest expenses related to its $900 million debt financing deal in April 2013, company officials said.
The pharmaceutical company reported fiscal second-quarter net sales fell nearly 5 percent to $557.8 million from the prior year’s quarter, which saw heightened sales following the launch and initial stocking of the 36 milligram and 54 milligram dosages of its drug Methylphenidate ER, used to treat attention deficit and hyperactivity disorder (ADHD).
Mallinckrodt President and CEO Mark Trudeau said in a statement that the company’s “evolution to being a top-performing Specialty Pharmaceuticals company is progressing quickly, as we continue to benefit from strong results across our base business.” Added assets from acquiring Cadence and the pending purchase of Questcor Pharmaceuticals create an expanded platform for the company’s growth, he said.
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Bend, nation dump spinach
| Spinach hard to find in midst of E. coli scare
Bend, nation dump spinach
Kayley Mendenhall / The Bulletin
Health officials still aren't certain what brand of bagged spinach has caused a nationwide E. coli outbreak, but grocery stores and some restaurants in Bend aren't taking any chances.
”Every salad, every brand that has any spinach in it, we pulled,” said Les Caudle, produce manager at Ray's Food Place on Century Drive. ”We are waiting to hear which one has the problem.”
The story was the same at Safeway on Century Drive, Fred Meyer and Newport Avenue Market Friday afternoon, as store managers stashed their stockpiles of spinach in back coolers to wait for more information about the outbreak.
Pizzicato also stopped selling its salads and pizzas that contain spinach Friday.
On Thursday, the Oregon Department of Human Services officials released information that five people in the state had been diagnosed with E. coli infections linked to consumption of bagged fresh spinach. Nationwide, more than 50 people have been sickened in at least 11 states and one death is attributed to the outbreak.
”We are asking people to not eat it, unless it is cooked,” said Shannon Dames, communicable disease coordinator for the Deschutes County Health Department. ”Until we know the specifics of the branding, make sure if you eat spinach, you cook it.”
In Deschutes County, stool samples from two people have been sent for laboratory testing to determine if they have the E. coli infection. Health department employees also talked with three other people who have suspect cases of the illness, Dames said. Health officials in Crook and Jefferson counties said they had no suspect cases as of Friday afternoon.
”This is a highly virulent strain of it,” said Bill Keene, an epidemiologist with the Oregon Department of Human Services. ”Two of our five cases were hospitalized. One of them with some kidney function problems.”
E. coli 0157 is a foodborne bacterial infection that can be passed from person to person, according to the department. Symptoms of the infection include bloody diarrhea and abdominal cramps that can hit anytime from one to 10 days after exposure.
Most people recover from the illness, but some have serious complications, including kidney failure, according to the federal Centers for Disease Control and Prevention.
”We are hearing of a number of reports coming in to local health departments from people who have eaten spinach and have been ill,” Keene said. ”Most of the cases are female, nationwide - on the order of 80 to 85 percent. Adult women are more likely to buy and eat this product ... Kids are not that wild about (bagged spinach).”
That fact may actually be helpful in reducing the number of serious infections, Keene said. Children under the age of 5 and the elderly are the most likely people to develop kidney failure from the E. coli bacteria.
Although the U.S. Food and Drug Administration has encouraged people not to eat bagged fresh spinach, no official recall of the products has been issued, Keene said. Stores and restaurants choosing to remove spinach from their shelves and menus are doing so voluntarily.
”We pulled everything because we don't want anybody to get sick,” said Spike Bement, store manager at Newport Market. ”We don't know if we have anything or not. We didn't want to take the chance.”
Last October, three Deschutes County residents had confirmed cases of E. coli and close to 90 people complained of symptoms after eating at McGrath's Fish House in Bend. That outbreak was linked by health officials to tainted parsley.
Symptoms of E. coli bacterial infection include bloody diarrhea and abdominal cramps. If people suspect they have E. coli, they should contact their health departments or their physicians.
* Deschutes County Health Department - 322-7400
* Crook County Health Department - 447-5165
* Jefferson County Health Department - 475-4456
Brian Moothart, produce manager at Newport Avenue Market, stands in the store cooler looking at bags of Earthbound Farms Organic Baby Spinach Salad. Newport Market, along with other local grocers, pulled spinach from its shelves Friday after reports that a nationwide E. coli outbreak may be linked to bagged fresh spinach.
From his position at the back of the group of armored vehicles, Derek Butenhoff saw the cloud of smoke, and then all radio communication was momentarily lost. It was day three of a four-day bomb-seeking mission in southern Afghanistan. Butenhoff ran to the smoking combat vehicle. Inside, he found his best friend: Alex Johnson, a 19-year-old soldier from Madras. “The truck was on its side,…
The holiest plant of the Christmas season may be a raggedy shrub with peeling bark that seems to grow best in a dusty backyard in Tempe, Ariz. This is Boswellia sacra, better known as the frankincense tree. The shrub’s gum resin is one of the three biblical gifts that the wise men bestowed on the infant Jesus. Until recently, Americans who wished to cultivate their…
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Lightning is one of the main causes of wildfires in Central Oregon, but there is often a calm between the strike and ensuing firestorm. Take the flurry of fires in and around the Warm Springs Indian Reservation that flared up the last weekend of August, four days after a thunderstorm crackled over Central Oregon. Firefighters call such slow-starting fires “holdover” fires, said Lisa Clark, spokeswoman…
FRESNO, Calif. — Federal law now allows visitors to carry guns in national parks, but you can’t just slip a loaded pistol into your backpack and take a hike. Pay attention, because this is a little complicated. You will need a concealed weapons permit to carry the loaded gun in the backpack. But you don’t need any kind of permit if you just want to…


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The American energy company Lufkin Industries has bought a 33 ha plot in Ploiesti West Park, where it will be building a manufacturing facility in the Romanian town by 2012. The investment is believe to be worth $126m. It’s the company’s largest investment in Europe.
“The fact that we found within 1 year after the start of the development of our park, two strong
tenants such as Unilever and Lufkin, proves that people trust in our ability to deliver,” says Ivan Lokere, CEO of Alinso Group, the developer of Ploesti West Park.
Allianso Business Park SRL (the Romanian subsidiary of Alinso Group) delivered a 30,000 sqm warehouse to Unilever in April of this year, while a new 20,000 sqm logistics building will be available by the end of September.
Update: We understand that the price of the land was roughly €10m.