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- Tesla (TSLA) Model S Touchscreen Controls In-Depth
November 06 2013 4:16 PM
Tesla says the digital dash and 17-inch touchscreen found in the Model S are based on Linux, and completely upgradable, and may someday include third-party apps and run Google's Android OS.
- Earnings Buzz: Toyota, Time Warner [VIDEO]
November 06 2013 2:52 PM
Toyota Motor Corporation (NYSE: TM) and Time Warner Inc. (NYSE: TWX) reported quarterly earnings on Wednesday.
- When Ron Burgundy Says 'Buy a Dodge Durango,' America Listens
November 06 2013 1:24 PM
Sales of the Durango skyrocketed in October after the release of the Ferrell-fueled commercials.
- Toyota Unveils FV2 Three-Wheel Concept That Changes Colors At Will, Four New Concept Cars
November 06 2013 12:35 PM
Toyota revealed five concept cars that will debut at the Tokyo Motor Show 2013 including the FV2, a three-wheeled concept that can change its exterior at will.
- Is Tesla Planning A Major North American Battery Factory?
November 06 2013 10:04 AM
The recent cell supply deal with Panasonic can provide about 250,000 battery packs through 2017. Musk says it’s not enough.
- Is It Reasonable To Expect Tesla To Deliver Your Electric Crossover By The End Of Next Year?
November 06 2013 9:04 AM
Tesla's Elon Musk gave the latest details on Model X production after the company released disappointing third-quarter earnings data.
- Earnings Buzz: Tesla, 21st Century Fox [VIDEO]
November 05 2013 7:25 PM
Tesla Motors Inc. (NASDAQ: TSLA) and Twenty-First Century Fox, Inc. (NASDAQ: FOXA) reported quarterly earnings after the bell on Tuesday.
- Tesla Q3 Earnings: Not Good News
November 05 2013 4:19 PM
Using general accounting principles -- Tesla lost $38.5M in the quarter or 32 cents per share, worse than expected.
- Tesla Model S In China Can Cost As Much As A Bentley In The US
November 05 2013 11:46 AM
Tesla Motors is one step closer to testing the waters of wealthy Chinese embrace of its electric luxury cars.
- Tesla In Norway: Total Model S October Deliveries Dropped Significantly
November 04 2013 12:06 PM
The Tesla Model S represented 5.1% of all vehicle registrations in Norway in September. Last month it fell to 0.8%.
- China’s BYD Says It Will Hire People In California
November 04 2013 6:42 AM
The announcement follows a state investigation into the Warren Buffett-backed company’s labor law violations.
- October US Auto Sales - Like Plain Oatmeal, Nourishing But Bland
November 01 2013 5:09 PM
The 16-day partial government shutdown had an effect on sales, but consumers bounced back quickly, which prevented any resounding impact.
- $300,000 Ferrari FF Gets Backed Over By Delivery Truck In New York
November 01 2013 2:07 PM
A $300,000 Ferrari FF was damaged on Oct. 30 after a delivery truck in New York City accidentally reversed onto the luxury sports car.
- No Unpleasant October Surprise For Big 3 US Automakers
November 01 2013 8:40 AM
GM, Ford and Chrysler sales last month increased at a nearly double-digit rate, which suggests a strong 2013 performance.
- Tesla’s Third Quarter: Analysts See Small Profit As Global Expansion Revs-Up
November 01 2013 6:21 AM
Tesla Motors reports on Tuesday. Here’s what you should look for besides a profit.
- Where Is The Tesla Model S The Most Popular Car?
October 31 2013 6:24 PM
(Hint: It’s not far from the company’s headquarters)
- GM’s CEO: We Want To Sell Cars Online
October 31 2013 11:47 AM
But auto dealers really, really don’t want competition from manufacturers.
- Tesla Unveils New Details Of Its Supercharger Expansion; East Coast Next
October 30 2013 12:08 PM
A week ahead of Tesla's third quarter earnings, CEO Elon Musk reveals new details on his company's fast-charging stations.
- Tesla, Panasonic Extend Relationship To 2017
October 30 2013 8:22 AM
The deal keeps the Japanese electronics giant supplying batteries for Tesla's electric cars.
- General Motors Third Quarter: Profit Beats, Revenue Misses
October 30 2013 8:15 AM
GM profit rises $1.6 billion, excluding one-time hits. Revenue misses by $500 million.


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Corporates are increasingly using mobile banking, according to HSBC, and it expects global payments through its mobile banking platform to touch US dollar 100 billion in the next 18 months.
As per financial services major HSBC, corporate customers like Chief Financial Officers and Treasurers are increasingly going mobile, discarding decades-old methods of transferring funds such as banker’s drafts and cheques in favour of payments executed on smartphones and tablets.
“Since the launch of the HSBCnet Mobile app, we’ve seen a marked increase in the use of smartphones and tablets by our corporate customers. At the current rate of growth, we expect to reach US dollar 100 billion in global payments in the next 18 months,” HSBC Regional Head of Global Payments and Cash Management Kee Joo Wong said.
Beyond the convenience of being able to check account balances, authorise payments and receive payment alerts on the go, mobile banking has the potential to introduce entirely new ways of doing business and generate vast quantities of valuable information about a company’s operations that were previously unattainable.
“Mobile payments can improve the financial health of a business. Being paid faster improves a company’s liquidity and cash-flow by extending their ability to pay their own creditors faster,” HSBC Group General Manager and Global Head of Payments and Cash Management Diane S Reyes said.
Mobile payments could have a big impact on doing business internationally. Posting a cheque, for example, is inefficient, while mobile-to-mobile payment between the two parties removes several unnecessary steps.

domain: news


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SonicWall on Wednesday said it plans to buy e-mail security company MailFrontier for $31 million in cash.
The deal is expected to close in about 10 days, pending regulatory approval, said John DiLullo, vice president of sales at SonicWall, Sunnyvale, Calif.
Palo Alto, Calif.-based MailFrontier makes antispam, antiphishing and messaging security software and appliances. Plans call for SonicWall to eventually incorporate MailFrontier technology in its line of firewall, Web filtering, remote access and data protection products and services, DiLullo said.
In the short term, however, SonicWall aims to keep each vendor’s products separate. Douglas Brockett, vice president and general manager at SonicWall, said secure messaging and firewall products are essentially separate devices in a network and will remain so for some time. So for now, SonicWall will work to sharpen the compatibility between its products and MailFrontier’s offerings, which is expected to take about six months, he said.
A fully integrated security solution that blends functionality from both vendors would be a much longer-term project, Brockett said. The MailFrontier product suite will be immediately available to SonicWall channel partners.


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The top story on my podcast this week is about the cyberwarfare raging beneath the surface of a game whose main audience is children.
We also look at Europe's battle with fake news, and hear how the South Korean electronics giant Samsung has been tainted by a government corruption scandal.
Minecraft and a botnet battle
The Mirai botnet hijacked thousands of connected devices to launch huge denial of service attacks (DDoS) against major websites last year - and in the process sparked a major panic about the security of the Internet of Things.
Now one of the victims of those attacks, the security researcher Brian Krebs, has published a major investigation into the origins of Mirai and the people behind it. This has taken him many months and is a brilliant piece of investigative journalism.
The most extraordinary aspect of his story is that it was a battle over the popular educational game Minecraft that led to the hugely disruptive DDoS attacks.
It turns out that such attacks are used against very lucrative Minecraft servers and the companies that offer them security protection. One of those on the receiving end was Robert Coelho, whose firm ProxyPipe helps clients deal with DDoS attacks.
He tells us: "We can't have servers down for more than 10 seconds at a time." When that happens, players go elsewhere and the server firms look for other security providers.
"There's a lot of bad actors in Minecraft," Coelho explains, "because a lot of servers are run by people who are underage and there's a lot of money involved so attacks are very frequent."
Indeed, another striking thing about Brian Krebs' article is the youth of many of those involved in these online battles.
It seems some of the biggest and most damaging attacks the world has seen have been launched by people still in their teens. I suspect that they may see this all as just a game - but with the FBI on the case they may find there are serious consequences.
Europe bites back at fake news
We've covered the issue of fake news on social media as it related to the US elections, but with Germany and France voting this year, it has moved up the agenda in Europe.
This week Facebook unveiled plans to help battle fake stories in Germany. Articles flagged by readers as dubious will be looked at by a small independent investigative journalism and fact-checking organisation called Correctiv.
"We see that populists all over Germany are using fake news to change the mood of the people," David Schraven from Correctiv tells me. He admits that his organisation faces a huge task but says it's vital for democracy: "It's very important to make a good decision in an election, to know as much as possible about the truth in society."
The European Commission's vice president Andrus Ansip, who's in charge of the Digital Single Market, admits there's a problem. But he says it's up to the social media platforms, not governments, to address it. "Fake news is bad but Ministry of Truth is worse", he told our reporter Joe Miller in Davos at the World Economic Forum.
He thinks that if people no longer trust what they read on platforms such as Facebook or Twitter they will migrate elsewhere, so the problem will be self-correcting. That could be an optimistic view of the value social media users place on accurate news.
The mobile phone giant Samsung has had a torrid time over the last few months. First it had to withdraw its Galaxy Note 7 phone after some of them caught fire. (We will hear more about that when it unveils the results of its investigation into the problem on Monday).
Now it has been caught up in the corruption scandal involving the South Korean President Park Geun Hye.
Five Samsung executives, including the boss JY Lee, have been questioned about allegations that bribes were paid to secure support for a merger.
Despite these crises, the company seems to sail on - with the Korean public not greatly disturbed about its conduct. Our man in Seoul, Steve Evans, is on the programme to tell us just how central Samsung is to the economy of South Korea. Its revenues amount to 17% of the country's GDP, and as well as mobile phones this vast industrial conglomerate is involved in everything from hospitals to funerals. Koreans really do encounter Samsung from the cradle to the grave.


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Michael and Sharon Freibrun’s first joint business ownership began as a joke.
“Let’s go from retiring and sitting on the beach to working 70 hours a week,” Michael said of their decision to invest in a Beef Jerky Outlet franchise instead of buying a condominium in Florida.
The Yardley couple first heard of the Beef Jerky Outlet while visiting family in North Carolina and were instantly hooked. They quickly evolved from shoppers of the 100+ varieties of premium jerky and gourmet popcorn, peanuts, candy and cordials to entrepreneurs analyzing data related to traffic patterns and the number of visits to Sesame Place, which is situated less than a mile from the couple’s Fairless Hills store.
Given that the next closest store was in Atlantic City and the Beef Jerky Outlet is the only gourmet popcorn and peanut store around, the Freibruns were certain their investment would soon bear fruit. They were right.
“We underestimated what we’re selling,” Michael said as he replenished nearly bare shelves during a recent visit. “We’ve been busy since the day we opened.”
The 1,550-square-foot space storefront had been formerly a Fast Signs. It sits within view of the Wawa on North Oxford Valley Road. The Beef Jerky Outlet, which opened on Nov. 16, 2017 is in the Oxford Point Shopping Center, where IHOP and Cancun Mexican Restaurant are also located.
The store will hold a grand opening on Saturday, Jan. 27, 2018 from 10 a.m. to 8 p.m. The store will offer the following specials:
- Three 4-ounce bags of jerky for $25 (normally $9.99/bag)
- Free Beef Jerky Outlet drawstring backpack with $50 purchase (while supplies last)
- Free Beef Jerky Outlet T-shirt with $100 purchase (while supplies last)
- 50/50 raffle with benefits to proceed Emergency Relief Association (local food bank), and special prizes (to be announced)
- Drawing to win free jerky for a year ($500 value)
- As always, 10% off to active military and first responders (police, fire, EMT)
Everyone – including health enthusiasts, outdoorsy individuals and hunters – seems to enjoy the varied tastes available at the store, ranging from prime rib jerky to exotic flavors like kangaroo, alligator, venison, elk and turkey jerky. Not sure what some of the jerkies will taste like? No problem.
You can taste approximately 30 of the 100 plus varieties of jerky that the store has to offer.
In addition to following high-quality USDA standards, Sharon said the Beef Jerky Outlet uses steak quality cuts to make its jerky. Only minimal preservatives are added. The meat treats are “pure protein,” Michael added.
“You can read the label and know exactly what you’re getting,” she said.
Jerky stays fresh for up to a year – not that customers are likely to keep it around that long. Shoppers looking to complement jerky with other tastes can pair jerky with items such as Three Cheese Ranch Popcorn, Butter Rum Peanuts, or any of a number of BBQ sauces, hot sauces, spices and more. The store also sells T-shirts and other souvenirs with tongue-in-cheek sayings.
For the most part, Sharon runs the store with help from the couple’s son and four part-time employees. Before opening the store, Sharon, a self-described jack of all trades, worked previously as a dental hygienist, in accounting and in the fitness field. Michael, who has a background in sales and marketing, helps at the store in addition to continuing at his full-time job at Logitech.
“I’m getting used to retail,” Sharon said. “We’re still trying to balance our home life.”
Eventually, the Freibruns hope their son will take over the family business. For now, they are all happy to introduce guests and returning customers alike to their world of beef jerky.
To learn more
The Beef Jerky Outlet is in the Oxford Point Shopping Center at 110 Lincoln Highway, Suite 2 in Fairless Hills. Hours are Monday through Saturday from 10 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m. For more information visit https://langhorne.beefjerkyoutlet.com/index.php/ or call 267-202-6564.


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SAN FRANCISCO (CBSMW) ? Ladies and gentlemen, rev up your sports e-commerce engines.
"(Sports e-commerce is) not like the sports news sites where you have ESPN, CBS SportsLine and CNN/SI.
"The field is wide open."
Nadine Gelberg, Harris Interactive
There?s a growing field of e-tailers eager to grab a piece of the online market for sports gear and associated products, but no entry has pulled out of the pack and the pole position is still up for grabs.
"Of the 20 to 30 sites we looked at last quarter, there were a lot of one percenters, two percenters, three and four percenters, but no clear leaders," said Nadine Gelberg with Harris Interactive, the online market research and polling firm. "It?s not like the sports news sites where you have ESPN DIS, -1.12%, CBS SportsLine SPLN, -11.11% and CNN/SI. The field is wide open."
Overall, Americans spent between $6.6 and $7.2 billion online during the 4th quarter of 1999, according to Harris Interactive. Sports sales on the Internet were dwarfed by the spending totals for toys ($300 million), clothing ($700 million), electronics ($350 million), books ($400 million) and music/video ($300 million).
A growing 'Amazonless' e-business
One of the bigger players in online sports retailing Global Sports GSPT, +100.00%. It operates a string of seven e-commerce sites for companies like The Sports Authority TSA, -0.71%, Athletes Foot, Sport Chalet SPCH, MC Sports, Dunham?s Sports, Oshman?s OSH, +0.14% and Healtheon/WebMD HLTH, -0.56%. Total fourth-quarter sales were $5 million. Look for more detailed information when Global Sports reports fourth quarter earnings in early March.
By comparison, e-commerce leader Amazon.com AMZN, -1.68%, which so far has stayed away from sports retailing, garnered 10 percent of all online sales in the U.S. for the quarter, for a total of $676 million.
As more consumers embrace the Net, sports sales are also bound to rise.
"I see the sporting goods business really growing," Gelberg said. "Of the people who intend to purchase sporting goods, 38 percent say they plan to do so online. That?s a huge increase and even though all of them probably won?t fully materialize, the fact that 38 percent say they plan to buy online is a huge number."
Find your sports niche
The key to success in the sports e-tailing space: Find a specialized niche, know your customer, and deliver top-quality customer service.
Some companies, like Fogdog FOGD, sell a wide variety of sporting goods. Others, like privately held Chipshot.com, zero in on a single area, like golf. There are dozens of specialty players popping up. For a list of online sporting goods sites, check out Nerd World.
One of the high-profile players in the sports gear space is MVP.com. With Michael Jordan, Wayne Gretzky and John Elway as backers and advisory board members, the company hopes to parlay the superstar connection and a partnership with bricks-and-mortar chain Galyan?s into an Internet success story.
Recently, Internet retailer Outpost.com COOL, -10.00% announced an agreement to partner with interactive retailer Golf Galaxy in a clicks-and-mortar deal. The angle: pair interactive golf instruction with top-line golf equipment, apparel and accessories. Look for "golfgalaxy.outpost.com" to launch in a few months.
New sports e-business poll
Harris Interactive?s sports research division is launching a new poll, in partnership with the trade publication Sporting Goods Business, that will track trends in the sports e-tailing industry.
"Instead of just equipment, we?ll be looking at specific products and brands," said Gelberg, who?s got a Ph.D. in sports technology research. "We can tell you whether tournament golfers are more likely to buy online or in pro shops and, if they are buying online, what are they buying."
The research shows that expert golfers are four times more likely to buy equipment online than beginners. So, what are they buying on the Net? Not drivers. Not putters. Not iron sets or golf bags. They?re buying balls and tees.
What about motivation? What drives sporting goods sales online?
"Skateboarders buy for product selection. In golf, it?s brands. Recreational tennis players buy for price," Gelberg said.
"Tournament-ready basketball players are more likely to buy Nike NKE, +0.57% than Reebok RBK, " Gelberg said. "Beginners are more likely to buy Reebok and African Americans are four times more likely to buy Fila FLH. "


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The country’s leading fast-food brand, Jollibee hailed a new batch of outstanding Filipino families with admirable advocacies in the 6th Jollibee Family Values Awards. The months-long search culminated in Gabi ng Parangal para sa Pamilyang Pilipino, which was held recently at the Makati Shangri-La Hotel.
ISN’T it a bummer when you attend a concert and you don’t know anything about the songs being sung on the gig? Even in the concerts of those popular foreign artists, who have a hit or two, concert goers find themselves bobbing their heads to songs they don’t even know.
If one were to consult sellers, the probability of the benchmark PCOMP Index reaching “bottom” is low. So, the question remains, why are Foreign-domiciled funds still selling? The simple answer is: sellers are taking profit.
IPC (IP Converge Data Services, Inc.), a pioneer in local cloud and data center services, is pleased to announce that it is now a partner of the Philippine International Aid (PIA), a U.S.-based charity that has been providing health and educational assistance to underprivileged youth.
Promoting the digital economy as a path towards inclusive nationwide development Star Telecom Alliance Resources, Inc. (STAR, Inc.), parent company of smart devices brand Starmobile, recently held a road show officially introducing its distribution partnership with network solutions company TP-LINK to the country’s top system integrators. As part of their partnership, the Filipino company will carry TP-Link’s latest routers, APs, switches, and other internet-of- things devices in the country.
Aspiring technology geeks can now learn how to develop Android mobile applications at no cost, via an online course available on the website of the Technical Education and Skills Development Authority (TESDA).
Carousell, one of the world’s largest and fastest growing mobile classifieds app, marks its official launch in Philippines today with a thought provoking discussion on preloved going mobile in APAC.


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[A] potential tariff on the automobile sector puts many historic U.S. partners in the spotlight.
We are in the hands of a complete imbecile and his fears. What a time we live in.
Mexico is finally raising its voice.
<i>The Trump administration's latest rebukes to its southern neighbor focus on the construction of the wall that should separate both countries.</i>
The guest of honor is now in the eye of the storm: Canada has taken Mexico’s place in Trump's bull's-eye during the NAFTA renegotiations. Unlike the first talks, [Read more]
At the end of the day, the bedrock question remains unanswered: do the Americans want a new deal on NAFTA or not?
Trump made decisions opposing NAFTA, with the logic of a grocery store clerk unable to look at the big picture of trade, the economy and the trilateral relationship.
Until now, American commentators had assumed that Trump's extreme rhetoric was meant to boost his bargaining power. Now the mood has changed.


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Sainsbury's passes £1bn landmark for first time in its 144-year history
In style: TV presenter Gok Wan has helped Sainsbury's with his sell-out clothing ranges
Sainsbury's will announce today that sales of clothing and home furnishings have broken through the £1billion mark for the first time in its 144-year history.
Britain’s third largest grocer has been in a fierce battle with rival chains to sell more of its homeware, cookware and domestic appliances by encouraging food customers to splash out on general merchandise (GM) along with their groceries.
The company said clothing continued to perform particularly well, thanks largely to a collaboration with stylist Gok Wan.
The television presenter brought out his fifth range last year after the past four, marketed under Sainsbury’s TU brand, sold out.
Around 570 stores now stock more than
10,600 GM products and the sector has become key to growth as margins
are squeezed on food and hard-up customers cut back on their weekly
Sainsbury director Roger Burnley said the company has been, ‘very successful in identifying and adapting to changing shopping habits’.
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Executive Director of ManufacturingNZ and ExportNZ, Catherine Beard welcomes the increase in R&D funding from Government…
April Trade Update
The Ministry of Business, Innovation and Employment has launched its new-look Food and Beverage Information Project.
The new webpage design now makes it easier for you to access information on New Zealand’s thriving food and beverage sector, and our competitors
The information and communication technology (ICT) sector had sales worth $23.5 billion in 2014, an increase of 3 percent since 2012, Statistics New Zealand said today.
More and more New Zealand businesses are thriving overseas, especially in China. Our innovation leads the world in many technology areas, and our products are selling extremely well because of the reputation of New Zealand-made products.
ExportNZ congratulates all winners at last night’s NZ International Business Awards, and is particularly excited to see
New Zealand’s leading freight gateway Port of Tauranga and freight and logistics management company Kotahi announced today the amalgamation of four of their complementary domestic logistics businesses to create leaner, more efficient pathways to and from freight hubs and key New Zealand ports.
I was fortunate to represent BusinessNZ at the annual conference on global competitiveness, this time hosted by Productivity Canada.
Negotiations on the Trans Pacific Partnership in New York last week and Ministerial discussions in Davos have gone well.
A 30 strong trade delegation sets off for Taiwan this Saturday, the first comprehensive such mission there since the ANZTEC free trade agreement came into force last December.The mission which includes a Hong Kong and Macau option is organized by Export NZ in...
Contact: Stephanie Moakes Phone: 04 496 6554 Email:
The salient message John Key will put before Australia’s Parliament as the first NZ PM to address it when he visits Australia from June 19-21 will be - as close trading partners will Australia and NZ take the relationship to the next step? Both countries are...


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As more people become aware of cryptocurrency and more countries look at the possibility of accepting bitcoin as a legal payment method, the confidence in this market is reflected by the amount of money that pours into it. Three months ago, the market cap had approximately 25 billion dollars. Today, the same market has matured with $30.8 billion in capital. The questions remain the same as three months ago. Where is it going from here? How far is this going?
There is nothing but excitement to see coins like DigiByte, Einsteinium, PinkCoin, etc, making their entrance into the big circus of cryptocurrencies. I know that there is more than enough room for all of them and that we will see them grow along to the Cryptocurrency Market. By melip50 in cryptocurrency
Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e


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Paula's Pulls out Pomp
Express photo by David N. Seelig. St. Luke’s Wood River Medical Center’s chief nursing officer, Sharon Kensinger, right, joined model Dee Alverson at a fashion show at Paula’s dress shop, recently relocated to Hailey after 30 years. Held last Thursday evening, Paula’s first fashion show and party in the new location was sponsored by St. Luke’s Wood River Volunteer Core, and attracted scads of women to enjoy champagne and treats and see what owner Paula Proctor was selling in her new space. “It was to promote excitement about the winter ball (to be held Saturday, Dec. 13),” Proctor said. “All three of the models work at St. Luke’s Wood River, and they looked darling.” The hair and makeup was done gratis by Shanon Christensen and Shellie Lard of Third Floor Salon, and Noelle Hodge.


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Office Depot, OfficeMax combo to face Staples
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Office Depot plans to buy OfficeMax for $1.17 billion in stock, according to Bloomberg.
Consolidation of stores is likely, according to the analysts quoted in the report, but there isn’t any local overlap between the two chains.
Boca Raton, Fla.-based Office Depot (NYSE:ODP) has 1,675 locations around the world, but none in Central Ohio.
Naperville, Ill.-based OfficeMax (NYSE:OMX) has 900 stores in the U.S. and Mexico and nine in Central Ohio.
Framingham, Mass.-based Staples (NASDAQ:SPLS) has 2,295 stores with 13 in Central Ohio.
Office Depot and OfficeMax had combined revenues of almost $18 billion last year versus $24 billion in sales at Staples.
Dan Eaton covers retailing and restaurants for Columbus Business First.
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Anthem BCBS Promotes Telehealth as a Top Innovation
Anthem, formerly Wellpoint, features innovations prominently on the homepage of its corporate website. And at the top of the list of innovations it says it delivers to consumers? LiveHealth Online, a service that uses two-way video to connect patients with doctors.
Anthem’s consumer website features LiveHealth Online, as well:
LiveHealth Online is a telehealth service, and it’s among several digital health trends gaining traction as convenient and cost-effective ways for consumers to access healthcare. Right now, since telehealth isn’t covered by many health plans, it can be a point of differentiation in a time of great competition in the healthcare industry. As a result, Anthem not only directly promotes its telehealth benefit via its websites, but also works to educate its members (and others) about telehealth via several other channels.
Anthem uses Twitter to curate articles that educate its followers about the advancement, efficacy and cost savings of telehealth. Here are some recent tweets from the company’s main profiles, @AnthemInc and @ThinkAnthem:
Anthem’s YouTube channel features an animated video about how telehealth bridges the gap between patients and providers:
Other digital assets
Among the digital assets available via Anthem are a report (“Uncovering Telehealth’s Impact in Primary Care”) that talks about how “telehealth for primary care has been shown to improve outcomes” and an infographic from LiveHealthOnline. Here’s just a snippet of it:
And since consumers aren’t the only ones who need to be convinced, some of Anthem’s online marketing efforts, such as this microsite, are aimed at doctors:
Copy and resources at the microsite talk about “bringing specialty care closer to your patients.” It asks, “What if you could connect your patients with specialists hundreds of miles way? Send images, medical records and data to specialists for second opinions – quickly, easily, securely? You can with the Anthem Blue Cross Telehealth Program.”
It’s interesting to note that Anthem’s advancement of telehealth isn’t only a high priority in its own marketing, but BlueCross BlueShield (BCBS) as a whole is also promoting the coverage on its BCBS Association blog as “quality care at your fingertips.” And BCBS’ National Labor Office, which connects workers with 37 independent BCBS companies, promotes the Anthem benefit via Twitter:
According to a recent VentureBeat piece (“Will 2015 deliver the promise of telemedicine?”), the “global telemedicine market in 2016 is predicted to be $27 billion,” and by 2018, “65 percent of interactions with healthcare organizations will be done via mobile devices.” And FierceHealthIT reports that digital health funding is expected to reach $6.5 billion by 2017; telehealth accounts for approximately $2.6 billion (40 percent) of that. It’s certainly time for health plans to get physicians on board with telehealth and to explore digital health benefits for their members, and it’s likely – due to so much interest and investment – insurers will have plenty of options when it comes to partnerships.


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Daily Mail city editor Alex Brummer scoops award as he's named the best financial print journalist
Daily Mail City Editor Alex Brummer
Daily Mail City Editor Alex Brummer has been named best financial print journalist at the ADVFN International Financial Awards.
Now in their fourth year, the awards celebrate the best in financial services media and companies.
Alex, who has been City Editor since 2000, has also written a number of books on both the UK and global finance.
THIS IS MONEY'S FIVE OF THE BEST CREDIT CARDS
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Federal prosecutors have now asked a federal judge to order Apple to comply with the court’s ruling that the computer giant help investigators pull encrypted data from a locked iPhone used by San Bernardino shooter Syed Farook, blasting the company for not helping "because of concern for its business model."
The new motion was filed three days after a federal judge in Los Angeles sided with prosecutors and ordered the computer giant to help investigators access the device, which was recovered from a car on Dec. 3, 2015, the day after Farook and wife Tashfeen Malik murdered 14 people and wounded 22 others in San Bernardino, California.
In a 40-page filing Tuesday, prosecutors argued they needed Apple’s help to retrieve the data to find out who the shooters were talking to and who may have helped plan and carry out the massacre, as well as where the couple traveled prior to the incident. Although the iPhone 5c was used by Farook, it was the property of San Bernardino County, which consented to the search.
The judge’s order gave attorneys for Apple until Feb. 23 to respond to the court if the company believes complying with the order would be burdensome.
But CEO Tim Cook didn’t waste time voicing his opposition, vowing to fight the government. Hours after the judge’s order was issued, he said the government was asking the company “to build a backdoor to the iPhone” and that “no reasonable person would find that acceptable."
“It would be the equivalent of a master key, capable of opening hundreds of millions of locks — from restaurants and banks to stores and homes,” Cook said, adding that the government was asking Apple to “hack our own users.”
The court has now given Apple three extra days, till Feb. 26, to file a response to the judge's original order, and has scheduled a hearing for March 22 at which Apple can present its arguments.
In the new filing, prosecutors slammed Apple for rejecting the judge’s order, and asked the judge to compel the company to help. "Rather than assist the effort to fully investigate a deadly terrorist attack by obeying this Court's Order of February 16, 2016, Apple has responded by publicly repudiating that Order,” said the filing.
"Apple has attempted to design and market its products to allow technology, rather than the law, to control access to data which has been found by this court to be warranted for an important investigation,” argued prosecutors. Despite its efforts, Apple nonetheless retains the technical ability to comply with the Order, and so should be required to obey it."
The filing said Apple had assisted investigators in past cases involving older operating systems, but now appeared to be resisting "based on its concern for its business model and public brand marketing strategy."
The government also said the judge’s ruling was restricted to a single iPhone, and rejected Cook’s argument that the order requires Apple to create a “back door” to all its iPhones. “It does not provide ‘hackers and criminals’ access to iPhones,” said the filing, “it does not require Apple to ‘hack [its] own users’ or to ‘decrypt’ its own phones; it does not give the government ‘the power to reach into anyone’s device’ without a warrant or a court authorization; and it does not compromise the security of personal information.”


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NH producers seek balance between making sanitizer, their original products
As economy reopens, many of them will have to make a choice
As newly formed supply chains for sanitizer stabilizes and some non-essential businesses reopen, local manufacturers face a choice between making their own products again or keeping up with the demand for sanitizer. Some are choosing to do both.
In April, when Andy Day opened his new nanobrewery Daydreaming Brewing Company inside his Derry distillery, Doire Distilling, he ran out of most of his beer within the first couple of weeks.
Meanwhile, before the planned launch of his brewery, he had already begun making sanitizer to meet demand in the local community.
Demand was high from the start. He was making it for municipalities and local businesses. And for several weeks Day was filling a 140-gallon per week order for Fresenius Medical Care, an organization that supplies about 70 different assisted living facilities in the area.
“I’ll be here five out of seven days, 24 hours a day, running the still,” Day said.
As a result, he couldn’t find the time to make his own beers or liquors.
Since then, Day said he had to send some customers to Steadfast Spirits Distilling Co. in Concord, and reduced his sanitizer production to about 20 to 25 gallons a week so he could focus on brewing his own beer again and making whiskey wash for distilling.
“I have a hard time saying no to the sanitizer thing, just because I know people are so desperate for it,” Day said.
For smaller distilleries like Doire, it’s a struggle to keep up with the high demand, and nearly impossible to make one’s own products at the same time.
Day also co-owns the Cask & Vine restaurant in Derry, and as restaurants started to open for outdoor seating this past week, Day needed to make sure he had his own drinks on hand to sell.
Building a supply chain
Brian Ferguson, owner of Flag Hill Distillery and Winery in Lee, said he’s faced with a similar dilemma now. When they first started making sanitizer, like many other distilleries in the state, it was a way to keep the lights on and keep paying employees while helping local municipalities and first responders.
“We built a fairly complex supply chain really in the matter of a few days,” Ferguson said.
A cottage sanitizer industry was built from scratch and at breakneck speed. Distillers shared missing ingredients with each other, bounced clients back and forth, and worked out ways to donate sanitizer to first responders.
“We’ve done well over 10,000 gallons of sanitizer,” he said. “I don’t know the exact number.”
As soon as Ferguson completed his first donated order for local fire and police departments, via Matt Mayberry, a Republican candidate for Congress, another order three times bigger came in.
The phones rang off the hook in the initial days, after a local news report about the company’s efforts to make sanitizer. He got calls from hospitals, ventilator manufacturers and even the United Nations, looking to export sanitizer.
“It went from this little thing to help out our neighbors –
it got very serious in a hurry,” Ferguson said.
At peak, he was producing about 2,000 gallons a week. Ferguson said he slept by the still and set alarms for himself for about three weeks in a row.
“The biggest challenge is that the sanitizer, the industry that sprung up around this hand sanitizer, it changes so rapidly,” Ferguson said.
The demand has been unpredictable, with large and urgent orders coming just when things appear to be slowing down, he said. That’s made it difficult to work in time to produce the company’s own products.
“We try to get back to some piece of normalcy for running our normal production schedule and then we hit a snag and we’re all hands on deck for sanitizer again,” he said.
Early on, Ferguson made a rye mash, the fermented and pre-distilled liquid used to make rye whiskey. Normally, he would wait about three days before running it through the still. It’s been over 30 days and he still hasn’t run it.
The whiskey will have a different character as a result of the delay, so Ferguson plans to barrel and label it differently.
So far, he is mostly breaking even on sanitizer sales and the focus on sanitizer has put them way behind on their spirits production schedule, though Ferguson said it’s possible to catch up. Still, the time may come when he has to make a choice.
“That moment will come. There will come a moment where it will be choosing between no spirit on the shelves and no sanitizer,” he said.
For now, he’s taking it day by day. And he still has some aged spirits coming out soon, such as a 13-year-old Kayuga Brandy. He may also bottle what was originally going to be a 10-year-old single malt early, making it six or seven years old, because it’s going to be ready ahead of schedule.
Creating a sanitizer line
Meanwhile, for companies like Fabrizia Spirits in Salem and Evolve Salon Systems in Manchester and Derry, making sanitizer is becoming a permanent addition to their repertoire.
While smaller distillers are making the alcohol from scratch, either with whatever ingredients they have on hand or inexpensive corn syrup, Fabrizia buys premade ethanol for its liqueurs and canned cocktails, saving them a lot of time, according to co-owner Phil Mastroianni.
They also operate at a scale that enables them to sell their products in 16 states nationwide, so pivoting to large-scale sanitizer production was possible. That’s not to say it was easy though.
“We sort of had to create a hand sanitizer line,” Mastroianni said.
His brother and co-owner Nick assembled the new line by pulling down an old filler that was collecting dust on a rack, and buying about $20,000 of new equipment such as another filler, a conveyor belt, heat tunnel and labeler.
“We really Mickey-Moused this thing together,” he said.
For the first month they were making sanitizer exclusively. Now they’re back at full production of their limoncello and canned cocktails.
But the sanitizer business took on a life of its own. At first they donated about 4,800 bottles to the National Guard, and have since donated about 15,000 bottles to first responders mostly in New Hampshire and Massachusetts.
They found plenty of buyers as well. They’ve sold their lemon-scented sanitizer to 80 Market Basket stores and the distributor for Roche Bros. Supermarkets in Massachusetts. Their biggest customer, where about 35 percent of their product is going now, has been a chain of about 70 7-Eleven stores in New England.
The sanitizer sales have made up for what Fabrizia lost in beverage sales so far, Mastroianni said. Continuing to make both will put them up in overall sales over last year.
Still, Mastroianni said the company prides itself on keeping their prices among the lowest in the market right now. He said an 8-ounce bottle will sell wholesale for $3.25 so it can retail for under $7, even though he said there were companies who would have paid 10 times as much.
Like distillers, Fabrizia is making sanitizer under temporarily altered guidelines from federal regulators. Mastroianni said he hired a consultant to help him navigate the U.S. Food and Drug Administration regulations, and he plans to submit his product for a six-month stability test so the company can get a long-term FDA certification.
Eventually, he would like to make a gel form of sanitizer, which is not currently allowed under the temporary guidelines.
Salon product manufacturer Evolve Salon Systems has also been making large quantities of sanitizer, and owner Dick Anagnost says they already have the necessary FDA certifications to make it a permanent part of their product lines.
Anagnost said the sanitizer uses a lot of the same ingredients they already use, including isopropyl alcohol, though not in the same proportions. They were able to use their existing suppliers to keep up with the demand.
“The bottling labeling and filling is the same for hand sanitizer as it is for hair products,” Anagnost said.
They initially made 150 gallons and donated it to the Manchester Police and Fire departments.
“Then, when we determined it was a good product, we put it out to the rest of our network and it took off because nobody had any,” Anagnost said.
Initially, they converted an existing production line since the shampoo lines were all shut down. Then they converted all three lines to sanitizer.
Since then, they invested about $250,000 in new equipment, added a fourth line and started using one of them for hair products again. Anagnost said the company is making about 5,000 gallons of sanitizer a week on average.
“The demand just kept growing and growing,” Anagnost said.
The sanitizer sales initially made up for about 20 to 25 percent of their lost salon product sales. As salons and barbershops start to slowly ramp up their businesses, Anagnost expects sanitizer sales will continue to be an important way to keep the business in the black.
Anagnost said Evolve sells its products to about 5,000 salons nationwide, but he doesn’t expect business to go back to the way it was.
“We’re hoping (the sanitizer is) going to replace whatever percentage we’re going to lose from permanent closures and the lasting effects of Covid,” he said.
So far, they are retailing 8-ounce bottles for $10, or $50 for a gallon, and the prices go down if they’re sold in bulk.
Investing in a new line seemed like a gamble at first, but Anagnost said they’ve gotten large orders for up to 100,000 units, and nine new customers have signed one-year contracts for bimonthly shipments.
He said his team deserves a lot of credit for developing a new product line in such a short time.
“We developed this product line eight weeks on the run while making sales and manufacturing at the same time,” Anagnost said.
Moving forward, they will have six sanitizer products, including sprays and lotions. Their best-selling sanitizer is made with CBD, Anagnost said.
Down the road, Anagnost expects demand for sanitizer will go down after a vaccine for Covid-19 is developed, but even then he doesn’t think it will disappear. He said the market will have changed as people develop new hygiene habits in the wake of the pandemic.
This article is being shared by partners in The Granite State News Collaborative. For more information visit collaborativenh.org.


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Dunhill announces Simon Holloway as Creative Director
USHERING in a new era, Dunhill has announced the appointment of Simon Holloway as its creative director. With a rich understanding of British heritage and its unwavering style foundations, the English designer leaves fellow Richemont label, James Purdey & Sons, for the menswear brand, hoping to keep its timeless aesthetic whilst also evolving with the fashion cycle.
Looking closer at the decision to choose the Kingston University School of Fashion graduate as its new head designer, it clearly demonstrates Dunhill’s commitment to homegrown craft and innovation, rejuvenating its strategic direction.
“It is a great privilege to be appointed,” stated Holloway on his new role. “Alfred Dunhill was a pioneer, an innovator and one of the most influential British tastemakers of the 20th century”.
Laurent Malecaze, CEO of Dunhill, added: “His creative energy coupled with his decades of experience in luxury, will be instrumental as we evolve and expand our House’s iconic codes in the context of today’s client. Simon’s sense of quality and craft, along with a clear understanding and appreciation of the Dunhill DNA, will ensure we continue to innovate through products that are timeless, purposeful and relevant”.


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The weak value of sterling against the euro has given a welcome boost to pea and bean markets over recent weeks, according to the latest Processors and Growers Research Organisation/ British Edible Pulse Association market update.
Latest ex-farm feed bean prices have climbed to over £120/t, with particular interest from Italy and Spain, it said. The market for export beans to North Africa (Egypt) was also reported to be strong, with prices up to £150+/t ex-farm. Spring varieties were at a £20-25/t premium over feed beans and Wizard varieties £10-15/t more.
Drought in Australia was said to have affected the Faba bean crop there, which, combined with higher prices, had reduced competition for Middle Eastern markets.
There was also good news for pea growers after the PGRO/BEPA report said that demand for marrowfat varieties was “far outstripping” supply and trade was at high levels. Seed was more or less sold out and prices for next season were expected to remain firm.
Blue pea prices were at around £280-300/t ex-farm, with contracts available for £220/t. Canadian peas were at over £320 ex-farm, the report said.


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Clothing woes hit Marks & Spencer profits
“Tougher comparatives, calendar adjustments, later timing of Easter and reduced promotional activity mean clothing and home like-for-like sales will have turned negative in Q4,” said Paul Rossington, retail analyst at HSBC Global Research.
The results come after two major boardroom changes at M&S recently. But neither chairman designate Archie Norman nor Jill McDonald, the current chief executive of Halfords who is being brought in to lead the turnaround of M&S’s clothing arm, will be at the presentation.
Norman, a UK retail doyen who headed supermarket giant Asda, becomes chairman of the company on 1 September, while McDonald is due to join around October.
M&S achieved its first rise in clothing and home sales for nearly two years in January, but this is expected to have been only a reprieve as the timing of Easter has impacted trading in the group’s fourth quarter.
Analysts forecast M&S will say on Wednesday that clothing and home sales fell 3.3 per cent in the three months to the end of March, following a 2.3 per cent rise in the previous three months.
Food sales are expected to have dropped by nearly 1 per cent in the final quarter. The consensus for underlying pre-tax profits for the year is £593 million – down 13 per cent on profit of £684m the previous year.
Group chief executive Steve Rowe, who took over the M&S helm from Marc Bolland in April 2016, has warned that profits and the hoped for turnaround in the core clothing business will take time, but Q3 trading gave hope that the group was beginning to turn the corner.
Analysts at Numis Securities said that stripping out the effects of this year’s later Easter, clothing sales are likely to have been close to flat.
But Jonathan Pritchard, retail analyst at Peel Hunt, said that sales will have “regained their poise” since the Easter-affected fourth quarter.
He said: “We think that the immediate changes that management made to the offer, merchandising and service are starting to resonate with customers.”
McDonald has been recruited into the new role of managing director for clothing, home and beauty. Norman succeeds Robert Swannell as M&S’s chairman.
Pritchard said his appointment to the chain was welcome news. “Who better to chair a recovery than Archie?” he added.
Rossington at HSBC said given the “positive momentum” gathering within the business he expected a potential return for like-for-like clothing and homes sales growth in the current financial year.


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Journalists must be registered with the site to receive email alerts and to download high-resolution photos. Please click the link below to register for the FCA US media site or to modify existing account details.
September 7, 2018
HW Hunter Ram of The West Truck Center celebrates the grand opening today of its 40,000-square-foot Ram facility, which is now the largest Ram stand-alone dealership in the country by size.
June 27, 2018
Capability is a primary purchase consideration for commercial customers. For the 2019 model year, Ram has upped the ante with increases in both payload capability and towing capability for Ram ProMaster.
June 26, 2018
Ram Truck brand executives, with two concurrently selling body styles of its 2019 model-year pickup, have given the legacy edition its own name: Classic. Ram will offer both the 2019 Ram 1500 Classic, known internally as the “DS” model, and the all-new 2019 Ram 1500 (“DT”) at its North American dealers through the 2018 calendar year.
June 6, 2018
FCA US LLC brand vehicles cleaned up at the eighth annual Winter Vehicle Competition hosted by the New England Motor Press Association (NEMPA), taking home more awards than any other manufacturer at the annual event.
June 6, 2018
The all-new 2019 Ram 1500 took the top award in the “Sunny Pickup Truck” category at the eighth annual Topless in Miami Presented by Haartz competitive vehicle event hosted by the Southern Automotive Media Association (SAMA).
May 22, 2018
The all-new 2019 Ram 1500 was honored with overall Best Family Car and Best Family Truck awards. The Chrysler Pacifica was named the Best Three-Row Family Car for the second consecutive year, as well as Best Green Family Car.
May 7, 2018
Jeep® and Ram Truck brand vehicles cleaned up at the 24th annual “Mudfest” competition hosted by the Northwest Automotive Press Association (NWAPA). Jeep and Ram won three of the six vehicle categories with the all-new 2018 Jeep Wrangler taking home top honors, being voted “Northwest Outdoor Activity Vehicle of the Year” by automotive journalist members of NWAPA.
May 1, 2018
Ram Truck is bringing its own brand of horsepower to the Saturday, May 5 running of the 144th Kentucky Derby® – “the most exciting two minutes in sports.” The brand will showcase its special 2019 Ram 1500 Limited Kentucky Derby Edition truck, a no-compromise leader in durability, technology, efficiency and luxury.
April 24, 2018
For 2019, all-new features, technology and premium materials help the completely redesigned Ram 1500 become the class leader in quality, comfort and durability. Each trim level is uniquely characterized, including special fonts that reflect their individual charm.
March 26, 2018
The Ram Truck brand today unveiled a limited edition of its all-new 2019 Ram 1500 to commemorate the 144th running of the Kentucky Derby®. The 2019 Ram 1500 Kentucky Derby Edition is fittingly based on the brand’s top Limited trim, and will feature distinctive Kentucky Derby “Run for the Roses” fender graphics.
March 7, 2018
Ram today revealed the all-new 2019 Ram 1500 Tradesman model at National Truck Equipment Association's (NTEA) “The Work Truck Show” in Indianapolis. Aimed at one of the largest traditional pickup customer categories — vocational use — the new Ram 1500 Tradesman is a hard-working truck designed for small businesses, construction jobsites and commercial fleets.
March 7, 2018
Ram Telematics is a vehicle connectivity platform designed to provide fleet owners and managers with a broad range of vehicle data, diagnostics and driver behavior information to help them better understand how their vehicles are being used and to improve operational efficiency. Telematics also improves fleet safety by identifying at-risk driving.
March 6, 2018
Ram Truck today announced the all-new 2019 Ram 1500 pickup truck – an industry leader in strength, durability, technology and safety – will have a starting MSRP of $31,695 plus $1,645 destination fee. The announcement comes as the 2019 Ram 1500 is being shipped to dealers.
March 1, 2018
The 2018 Ram 1500 today was named to Autotrader’s annual 10 Best Car Interiors List. Every year, Autotrader’s editors thoughtfully review the latest models for their 10 Best Car Interiors Under $50,000. For 2018, the Ram 1500 takes one of the coveted spots as the only pickup truck to make the list.
February 14, 2018
Ram unveiled the 2019 Ram 1500 Lone Star edition — the all-new version of the original “Texas Truck” — today at the Dallas Auto Show. The Ram 1500 Lone Star, the brand’s top-selling truck in Texas, offers buyers a no-compromise balance of strength, capability, technology and comfort.
February 9, 2018
The Ram Truck and Mopar brands teamed up today at the Chicago Auto Show to debut an outdoor-sport-themed 2019 Ram 1500 modified with a selection of the more than 200 Mopar parts and accessories available for the all-new truck.
February 2, 2018
FCA US LLC will air five commercials during this Sunday’s (2/4) Super Bowl LII broadcast. Jeep® and Ram brands take the spotlight. The first spot will air during the first quarter; the second and third spots will air in the second quarter; the fourth spot will air in the third quarter; and the fifth spot will air during the fourth quarter.
January 26, 2018
Ram announces the all-new 2019 Ram 1500 Laramie Longhorn Edition — the no compromise luxury pickup leading in style, durability and efficiency.
January 18, 2018
FCA US LLC wraps the 2018 North American International Auto Show taking home five Automotive Loyalty Awards from IHS Markit. The Jeep® brand was recognized by IHS Markit for the second year in a row for having the highest conquest performance. According to an IHS Markit U.S. owner loyalty analysis, Jeep had the best segment-adjusted conquest performance within the competitive set during the 2017 model year.
January 17, 2018
According to Cars.com, “Ram climbed to the top of the heap for its blend of capability, comfort, technology and efficiency.” When determining the Best of Show, Cars.com experts consider new vehicles for their innovation, overall show impact and execution of claims.
2019 Ram Products
2018 Ram Products
2017 Ram Products


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Pharmaceuticals again capture the top spot in per-incident value of cargo thefts. The roughly $3.8 million average is way ahead of tobacco, the silver finisher, at about $1.3 million.
The tally from FreightWatch International appears in its just published annual cargo theft report. Of 899 U.S. cargo losses across all industries in 2010--the highest count on record, and a 4.1 percent increase over 2009--three have a value exceeding $10 million. Two of these involved pharmaceuticals. And the Eli Lilly warehouse burglary last March, valued at $76 million, remains the largest loss on record.
Despite these superlatives, pharma is a minor player in cargo theft circles. It accounts for just five percent of thefts across product types, well behind food and electronics.
FreightWatch finds that full truckload and container theft are the robbery modes of choice, accounting for 81 percent of the 2010 cases. Just 3.4 percent are warehouse jobs. Violence is a factor in 1.3 percent of cases.
- here's the report


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As retailers prepare for one of the most lucrative dates in the calendar, there will be additional pressure on ecommerce this Black Friday – as high streets largely remain closed and stores vacant. However, these flagship days also present an opportunity for retailers to make up for the loss in sales caused by the pandemic. In fact, last month’s Amazon Prime Day generated almost $10 billion in global sales — a 43% increase YoY. This signifies the profitability of such an event if retailers get it right, as well as the increased customer appetite for online shopping this year.
As retailers offer unprecedented deals, quick delivery, and easy returns to remain competitive in the online world, customer expectations have simultaneously increased. According to a recent Global Insights Report published by Experian, 60% of consumers have higher expectations of their digital experience now than prior to Covid-19. To remain competitive, retailers must meet and exceed expectations by delivering products on time and providing excellent customer service. However, many are still struggling with the large-scale disruption caused by the pandemic and may not be prepared for the additional pressure created by a surge in online shopping on their fragmented supply chain.
Learning from other businesses’ experiences
Although worsened now owing to the pandemic, this struggle to match customer demands is not new. In fact, according to our research at Celonis, many companies across the business world are continuing to perform far below their potential when it comes to order management, which affects both supply chains and customer experience.
According to the research, very few companies are putting their customers first when it comes to servicing their demands, with more than a quarter (26%) of orders not delivered to customers on time – with average delays of up to two weeks (12 days). This is increasingly unacceptable and is thrown into a starker light by many retailers now offering same- or next-day delivery as standard. These delays are also costly, with late deliveries of sales orders costing the companies we surveyed more than half a million pounds every year, owing to fines.
Similar shortcomings in retail, especially in these crucial coming days, would do significant and potentially irreversible damage to many brands’ reputations. While retail may currently be leading the way, maintaining those high standards, especially under this year’s heightened pressure, can be challenging.
An analytical approach
To overcome this, companies should analyse their processes to ensure that the most efficient and effective approach is taken to achieve the desired business outcome.
This can be done by leveraging the latest technology and working backwards from the desired end goal – in this case on-time delivery – and assessing how best this can be accomplished, or what will prevent it from happening. AI-powered technology can analyse the whole supply chain and flag any potential problems even before they appear. To avoid them it can even automatically put contingencies in place to ensure a delivery target is fulfilled.
Additionally, all enterprises – large and small – run their core processes and operations through a complex mix of hundreds, and sometimes thousands, of individual systems. The complexity of this fragmented system environment often traps execution capacity, which hampers business performance. Process mining technology can be leveraged here to analyse the processes running on these systems and identify execution gaps in real-time. This is done by drawing data from underlying systems to identify and measure the barriers that stop companies from reaching their full execution capacity. Systems can then be put in place to automate certain actions and navigate roadblocks – systematically removing any constraints. By doing this, retailers can free up additional business capacity and maximise performance, preparing themselves for the influx of orders this Black Friday, and throughout the holiday shopping season.
Creating customer value is key
Improving a company’s supply chain breeds greater customer satisfaction and saves businesses money – a win-win, especially when demand and competition in the marketplace are so high. In such turbulent times, using the available technology to look at gaps in supply chains acts as an important aid for businesses to succeed, and to keep customers happy.
This is particularly crucial for online retailers this coming Black Friday and Cyber Monday, as shoppers rush to their screens to take advantage of the best deals. Business supply chains must be agile, resilient, and prepared, so that they can deliver products on time and meet customer expectations.


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Las Vegas casinos to accept bitcoin virtual currency
Customers will be able to use virtual currency to pay for hotel rooms and related purchases
Two Las Vegas casino hotels will become the first known US commercial gambling houses to allow the use of the unregulated digital payment system bitcoin, casino officials said on Tuesday.
The Golden Gate Hotel and Casino and The D Las Vegas Casino Hotel, both belonging to the same owner, began accept- ing bitcoins yesterday as payment for hotel rooms and related purchases, casino officials said.
Bitcoin is an online currency bought and sold on a peer-to-peer network that is independent of central authority.
The D will also accept the virtual currency at its gift shop, the American Coney Island restaurant and Joe Vicari's Andiamo Italian Steakhouse.
"Downtown has really become a technology hub for all of Las Vegas," said Derek Stevens, co-owner and chief operating officer for both casinos. "I think it is fitting that the Golden Gate and The D are the first hotels to offer [bitcoin]."
Stevens said patrons had increasingly requested to use bitcoins over the past year. By becoming the first known casino hotels to accept the virtual currency, he hoped to attract customers unable to spend it at other local businesses.
"I think that this is a technology where early adopters have an advantage," he said.
The casinos will install iPads at cashier stations and use the online platform BitPay to process the currency, which can be loaded into a virtual wallet and used with a mobile device.
Since its launch in early 2009, bitcoin has gained popularity with people who lack confidence in conventional banking. Bitcoins have a value determined by the demand for them.
This month, the Sacramento Kings basketball team became the first US professional sports franchise to allow purchases with bitcoin, and the website Overstock.com reported being the first major retailer to accept the online currency.
BitPay, which enables merchants to allow bitcoins as payment by converting them into US currency, processed more than US$100 million worth of transactions last year.
The currency has also raised concerns about its potential use in laundering money and for other illegal purposes.
Last week, bitcoin forfeited roughly US$27,000 worth of the currency to US federal authorities because the funds belonged to the anonymous online black market Silk Road.


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Startup agency raises RM14.35mil from partners this year, on top of last year’s RM14mil, and matching contributions make it a grand sum of RM56.7mil.
Early stage ecosystem influencer, Cradle Fund Sdn Bhd (Cradle), has raised its equity co-investment fund following the inclusion of five more partners.
The five equity partners – Captii Ventures Pte Ltd, Kathrein Ventures Pte Ltd, KK Fund, Start Up Nation Sdn Bhd and Mercatus Ventures Sdn Bhd – agreed to take part in a one-to-one equity co-investment exercise with Cradle, with each investing up to RM500,000 (around S$186,898).
These regional investors will bring the number of Cradle’s equity co-investment partners to nine. Other equity co-investment partners include Fatfish Ventures Sdn Bhd, OSK Ventures International Bhd, CoEnt Venture Partners Pte Ltd and Crystal Horse Investments Pte Ltd.
Cradle also sealed a grant co-investment deal with Singapore-based Golden Gate Ventures in June last year.
The new partners collectively bring in RM14.35mil into the co-investment partnership. In addition to the RM14mil raised last year from previous partners and a matching contribution from Cradle, a total of RM56.7mil has been raised to support Malaysian technology start-ups of high calibre.
Nazrin Hassan, Cradle chief executive officer, said the working relationship with the new partners would further give Malaysian technology start-ups an extra edge as they prepared to compete at a global level.
“We are elated to bring five new partners on-board. This co-investment partnership takes our relationships to a whole new level. Being seasoned investors, our new partners will also give us additional insights and experience in investing in start-ups which Cradle may not currently have,” he said.
Nazrin said Cradle’s expansion into co-investment was one of the steps to attract foreign investors, especially venture capitalists and angel groups, to invest in technology business deals in Malaysia.
“This will be an added advantage for our entrepreneurs who are seeking to raise further funds to support their business growth, as they will not have to venture across Malaysian shores to seek for investors. It is also hoped that with a larger pool of discerning foreign investors, our Malaysian entrepreneurs will be encouraged to be more global in their approach and market access,” he said.
Nazrin added that the co-investment partnership was also done in preparation for the gradual reduction of government grants towards supporting early stage start-ups.
“This is one way Cradle can continue to support highly talented technology entrepreneurs realise their dreams for success,” he said.
Nazrin said Cradle planned to channel 70% of its funding allocation to co-investing initiatives by 2017 and retain only 30% for direct grants. It aims to forge co-investment partnerships with 21 local and global investors.
In its 10-year history, Cradle has funded almost 700 Malaysian technology start-ups through its CIP Catalyst product development grant and its CIP500 product commercialisation grant.
Funded companies include taxi booking mobile application, MyTeksi, financial planning website, Intelligent Money, infographic design web tool, Piktochart and hypoglycaemic-shock alert bracelet, Hypoband. It also has a commercialisation rate of 58%, deemed to be the highest among all government grant agencies.


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Global smartphone shipments reached 251.4 million units in Q3 2013, up 45 percent from 172.8 million units in Q3 2012. Breaking those numbers down, Google’s Android secured a whopping 81.3 percent global share, Apple’s iOS fell to 13.4 percent, and Windows Phone took third with 4.1 percent.
The majority of growth came from robust demand for Android and Windows Phone models in developed and developing markets, notably Europe and Asia. Here’s the full breakdown for annual growth:
The latest figures are from Strategy Analytics, which noted Google’s Android hit a new high mainly at the expense of BlackBerry and iOS. Microsoft’s Windows Phone managed to double its share, letting it grab the title of “the world’s fastest growing major smartphone platform.”
Android’s worldwide domination in smartphone shipments has hit a new peak in that four out of every five devices run Google’s operating system. BlackBerry lost the most as a result, as its global smartphone share dipped from 4 percent to 1 percent in the past year. Apple also lost some ground to Android, which Strategy Analytics says is due to “limited presence at the lower end of the smartphone market.”
On the other hand, the analytics firm noted Android will have a difficult time taking further shipments from Apple in the near-term. This is because the iPhone 5s and iPhone 5c have just been announced, and the former is proving popular enough that expectations are high for Apple regaining volumes worldwide in the fourth quarter of 2013.
During Q3 2013, Microsoft shipped more than 10 million smartphones worldwide in a single quarter for the first time ever (up 178 percent year-over-year). This allowed it to double its global smartphone share from 2 percent to 4 percent in the past year.
Microsoft’s growth is almost entirely due to Nokia, a division of which it is acquiring next year, and its Lumia portfolio across Europe, Asia, and the US. Nevertheless, Strategy Analytics notes Microsoft is still at a low level of share worldwide and is struggling to gain serious traction in several major markets like Japan, South Korea, and Africa.
The fourth quarter of 2013 will likely be one of the most interesting ones to watch yet. Will Google and Microsoft be able to keep growing their respective shares despite Apple’s new devices?
Top Image Credit: Toshifumi Kitamura/Getty Images


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If you have been investing in cryptocurrency for a while, as an early adopter, you are in a big plus: the total market capitalization grew until the beginning of 2018.Despite not much damage being done to Litecoin Cash (LCC), the coin.Best Low Market Cap Coins for 2018 (Part 1) These undervalued coins have the potential to go 100x or more.This report on Initial Coin Offerings. the ideal strategy would so far have been to just do nothing and keep your money in cash.
TOP CRYPTO COINS TO INVEST IN A CRYPTO MARKET. performing coins to invest in on the cryptocurrency market for 2017 and 2018. Coin News 65,089 views.Although there is adoption of the currency across several platforms,.
Coinstar and Amazon to let customers deposit cash to
Which Coins To Invest For Upcoming 2018 — SteemitSilver Coins Have Their Own. a popular impact on the coin market.Crypto coins number more than 1,600, and tracking them all is increasingly difficult -- which gives criminals an opening.There are still some cryptocurrencies that you can mine with your CPU or GPU in 2018.
Stasis and TrueUSD are stable coins that aim to minimize market fluctuations as well,.Created by Satoshi Nakamoto, this cryptocurrency was the first in the market and has far surpassed the expectations of.READ LATER - DOWNLOAD THIS POST AS PDFAmong the considerably large number of coins that are currently available for trading (approximately 1,800), various Altcoins.
TOP CRYPTO COINS TO INVEST IN A CRYPTO MARKET - YouTubeHigh Quality Market Feedback. always up to date and has the best NEW initial coin offerings in 2018 and.But even before Bitcoin Cash caught fire on news of a large miner burning coins, Binance.
Understandably, we can link this slide in market cap and Bitcoin Cash to the poor performance of the crypto market in May.Get Bitcoin Cash price, charts, and other cryptocurrency info.Ill be honest, this article was extremely difficult to write.
Cryptocurrency Trends for 2018, Exchange-Based Tokens Will
Cryptocoin price index and market cap - WorldCoinIndexEven if all cryptocurrencies are based on the blockchain technology, they still have significant differences.Ripple XRP Price Prediction For 2018. Those coins are to be put into an. background and the really high market cap.
As the virtual currency market has exploded. 2018. While most folks.Seemingly going against the market, this coin is currently in the stage where.Exchange based Coins will recover and. the last half year of 2018 is Exchange based Coin.
Zcash brings fungibility to cryptocurrency by unlinking shielded coins from their history on the blockchain. 2018.Bitcoin Cash: (CURRENCY:BCH) Real-time Price Index, Historical Charts, Exchange rates in USD, EUR, CNY, all FIAT and Crypto Currencies, Resources, Currency Converter.The list includes coins from the CryptoNote family and some other newer altcoins.
April 2018 Cryptocurrency Coin Price Market Analysis


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Electronic Arts has claimed that it holds a 75% market share of football titles sold across Europe.
According to CVG, the FIFA developer/publisher said that it is on par with Modern Warfare 2 in terms of European sales across Europe.
EA's Jens Uwe Intat said: "We continue to beat the heck of Pro Evo and across Europe we're taking 75% of the football space.
"FIFA was neck and neck with Modern Warfare 2 [in 2009] to be the best-selling game across Europe."
The EA boss also revealed that the company plans to reduce Modern Warfare 2's dominance with games such as Battlefield: Bad Company 2.
"The shooter space is one we don't want to give up. It's an important genre and we were the number one. So we are certainly working on how we can get that crown back and Battlefield: Bad Company 2 is an important product in that context," he said.
Bad Company 2, which is developed by DICE, is due to be released for the 360, PS3, and PC in March.


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EE has revealed broadband deals starting at just £5 per month -- and its extra-fast fibre broadband is free for the next three months to boot.
EE is Britain's first, formed from the merger of Orange and T-Mobile. The new super-network also offers mobile Internet deals, and now broadband piped into your home.
There are six deals available. Choose from a top speed of 14Mbps, 38Mbps or 76Mbps; then choose free weekend calls on their own, or free calls any time throughout the week, including some calls to mobiles.
The cheapest option is broadband up to 14Mbps with weekend calls, costing just £5 per month, or £12 with extra calls thrown in. 38Mbps fibre costs £15 per month with weekend calls, or £22 with extra calls; and up to 76Mps will set you back £25 or £29.
Happily, those unlimited weekend calls include 0845 and 0870 numbers for waiting on hold while trying to sort out the latest balls-up by your bank, utility company or favourite online shop. The anytime package includes free calls at any time to landlines in the UK and 30 other countries, with 1,000 minutes to all UK mobiles thrown in too.
Even better, fibre is free for the first three months. Sign up before the end of June and all you have to pay is line rental.
You also get a year of McAfee Family Protection antivirus software and an EE Bright Box wireless router -- not to mention Orange Wednesday two-for-one cinema tickets as part of EE Film.
The new deals are available today. Are you impressed by EE's broadband deals? Who pipes your Internet into your home, and what's the best deal you've ever seen? Tell me about your broadband bargains in the comments or on our.


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Thank you to our parent company, The Local Moms Network, for providing this important post.
The first thing you need to be aware of in regards to vaping? More teens are doing it—every single day. According to a recent study published by the University of Michigan, over 37 percent of 12 graders say they vaped sometime in 2018—compared to less than 28 percent in 2017. While the dangers of smoking cigarettes or using other tobacco products are well known, the Surgeon General says that e-cigarettes are also a huge health gamble—especially for young adults. Risks include nicotine addiction, long-term harm to developing brains (including lowered impulse control), respiratory issues, and an increased propensity towards regular tobacco use. Recently, the JUUL brand has dominated the negative media coverage, for several reasons, including the fact that is doesn’t offer nicotine-free options (which some teens may not realize, believing they are vaping flavoring only) and was an early adopter of even higher percentage nicotine pods. Plus, it’s the runaway hit of the industry, with 800 percent growth last year alone and a 71 percent share of the market.
In order to fully understand what parents should be focused on in this area, we went to two experts on the front line of the vaping epidemic, Susanne Tanski, MD MPH, Associate Professor of Pediatrics at the Geisel School of Medicine at Dartmouth College, and a practicing pediatrician at the Children’s Hospital at Dartmouth-Hitchcock (and mom of three), and Douglas Kamerow, MD, MPH, a Washington, DC-based family doctor, prevention specialist, and former Assistant Surgeon General. Here’s what they had to say:
There’s More Than Just JUUL
Yes, JUUL is the industry leader, but there are other, less expensive brands, like Stig, Lush, Suorin and Phix. “It’s important to be aware of the range of products, and that while your kid could be telling the truth if they say they don’t JUUL, they may still be using another vape!” says Tanski.
These Devices Are Particularly Attractive to Kids
E-cigarettes—particularly the JUUL—are appealing to young adults and children, says Kamerow. “The JUUL looks more like a little USB flash drive than a cigarette or vape pen. The nicotine cartridges (“pods”) are color-coded by flavor and are easily interchangeable. Lots of kid-friendly flavors are available: mango, cucumber, crème, and fruit, for example,” says Kamerow.
Vaping Is Harder to Detect Than Smoking—and JUULs Are Especially So
“JUUL was among the first low-vapor vaping products, so users can vape more discreetly,” says Tanski. Of course, any vaping devices don’t leave users smelling like smoke, which makes it harder to tell if your teen is vaping. Because they’re so small, they can be hidden with little effort.
There’s A Good Chance Your Child—or Their Friends—Are Vaping
“One in 5 using, or 3.7 million U.S. adolescents, report using a vape in the past month,” says Tanski. While these devices can’t legally be sold to those under 18 (and in some states, 21), that doesn’t always stop them from getting into the hands of younger kids—just like cigarettes. “Older kids buy them up in quantity and re-sell to minors in school and afterwards,’ says Kamerow.
There is a Misunderstanding That They are Safe
In addition to the known risks of vaping mentioned above, the devices are too new to really understand what long-term effects they can have on health. “Even though the almost pure nicotine delivered by JUUL is not as harmful as the cancer-causing burnt tobacco from cigarettes, it is easier to get addicted to JUUL than to cigarettes. There are plenty of reports of kids starting with JUULs and becoming compulsive vapers and even transitioning to conventional cigarettes,” says Kamerow.
It’s Crucial To Talk to Your Kids…
You’ll want to address vaping at the same time you talk about smoking, drinking, and using illegal drugs—at the start of middle school if not before. But before you do, learn the lingo. “It’s important that parents use the same language as their kids,” says Tanski. For instance, nobody (including your kids) uses the term e-cigarettes—they’re vapes. And be clear about your expectations. “Bottom line: Tell your kids you don’t want them using (or even trying) JUULs,” says Kamerow.
…And Get Them Help If They Need It
If they are vaping, they may likely need professional help to stop. “Most kids who vape do not recognize they are dependent until they try to stop, so they may be surprised that they have trouble,” says Tanski, who suggest speaking to your child’s pediatrician if they are vaping or if you suspect they are and aren’t sure how to get through to them.


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Auction bidders will have a chance to take home a piece of rock 'n' roll history next month when personal belongings of America's most famous reality TV family go under the hammer. Ozzy and Sharon Osbourne are selling art, furniture and collectibles from their homes in Malibu, Beverly Hills and England.
Highlights of the 600-lot auction include several items that featured in their hit MTV show. The black leather bed on which the couple's 21-year-old son Jack was often seen lounging is going under the hammer, along with a cast-iron crucifix that adorned Ozzy's den in various episodes.
"It's time to unload," says Sharon, who celebrates her 55th birthday on Wednesday. "We just have an overabundance of possessions that we do not need." It seems Ozzy doesn't share her enthusiasm for the clear out, however. "I don't know why we are selling everything as I want it all," he says, jokingly.
Also up for grabs in the two-day sale, some of the proceeds of which will go to Sharon's cancer charity, include the 58-year-old rocker's favourite coffee mug - a hand painted cup and saucer from UK ceramicist Mary Rose Young.
The sale in Beverly Hills, which begins on November 30 and is expected to bring in over $1 million, also features a pair of the star's trademark sunglasses as well as several gowns worn by Sharon and her daughter Kelly, 22. The family have sold the Beverly Hills home which featured in the series to pop star Christina Aguilera for close to $11.9 million.


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Griffin Communications, an Oklahoma-based multimedia company reaching more than 90 percent of households in the state, has acquired 16 Panasonic (opens in new tab) AG-HPX370 P2 HD shoulder-mount and five AG-HPX250 P2 HD handheld cameras for ENG, sports and promotions for CBS affiliate KWTV in Oklahoma City.
This mirrors a prior camera acquisition for CBS affiliate KOTV in Tulsa, OK. Both included 18 AJ-PCD30 three-slot P2 memory drives and multiple P2 cards.
KOTV has been shooting news in HD since January, opting for the camcorders’ high-quality, bandwidth-friendly AVC-Intra 50 format. KWTV is slated to be up and running with HD ENG by the end of the month. KOTV (which shares some news programming with Griffin’s Tulsa-based CW affiliate KQCW) shoots 38 hours of news weekly, and KWTV shoots 40 hours weekly.
Steve Schroeder, Griffin’s statewide director of News Operations, said the rationale for both purchases was a planned upgrade to HD news acquisition. Previously, the stations had been shooting news with assorted P2 camcorders, including AJ-HPX2000 P2 HD shoulder-mounts, and AG-HVX200 and AG-HPX170 P2 HD handhelds.
“The HPX370 represents an ideal blend of superior HD performance with cost-effectiveness,” said Schroeder, “and we find that the HPX250s, small and light, are perfect for our ‘one-man-band’ photographers.”
Schroeder noted that KOTV has outfitted its HPX370s with Fujinon lenses for day-to-day news operations, as will KWTV. Both stations edit and play-out to air on Avid systems.
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On par with such well-known concepts of beauty as J-beauty and K-beauty, in the beauty industry growing popularity of cosmetics from China, which also got its name – C-beauty. However, market analysts argue that there are a lot of obstacles.
The popularity of Chinese cosmetics, or C-beauty has been improved by the nationalist wave that swept the country. “Pride in China is increasing, and this means that local brands are increasingly in demand,” says Florence Bernardin, founder of the French consulting Agency Information et Inspiration, which specializes in Asian cosmetic market.
Bernardin also noted that Chinese consumers turning to local brands with products that meet their specific needs and skin problems. Brands C-beauty quickly responded to this demand by developing innovative products specifically for the Chinese problems and skin tones. “Famous brands is able to respond actively to product development, combining the latest global and local trends, offering products that directly meet the needs of Chinese consumers,” said Bernardin.
The expert also added that Chinese consumers also appreciate the natural ingredients of most brands C-beauty. “Vegetation compositions based on the principles of Chinese medicine, integrated Chinese culture and the minds of consumers”.
One of the strengths of C brands-beauty – marketing. “The traditional concept moderniziriruyutsya to create a new concept of beauty that combines Chinese culture and identity. We see the return of iconic brands, as well as new ways of communication and create marketing campaigns based on the unique language of Chinese Millennials,” notes Bernardo.
However, according to Florence Bernardin, the competitive market prevents the growth of C brands-beauty. “One of the problems is the creation of a stable brand, as there is stiff competition between local, international and Asian brands.” Despite its strengths, the C brands-beauty may be short-sighted. “Sometimes focuses on short-term profits, not long-term development of the product. This means that in commercially available large volume of “star” products, which attract the mass market, and not long ago produced products. Often brands spend too much on communication and distribution, and not on research and development, and this means that you may not be a sustainable vision.” Bernardin believes that globalization the first step, which should make the brand C-beauty, is expanding into the broader Asian market.
However, Chinese brands need to enhance the security of its products, as currently “there is no certification for organic or “clean” beauty products”. This is important because the demand for such products means more opportunities. Mrs. Bernardo said: “there will be a transition from mass market to more premium products, which have a level of quality and safety, the Japanese and international brands. I also expect that brands will pay more attention to creating a higher level of trust of consumers through transparency of ingredients and production, and sustainability”.


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As Jumia’s initial public offering (IPO) is set to launch, one question is waiting to be answered: how well will the stock perform?
The largest e-commerce operator in Africa, which will trade as “JMIA”, has set a price range of $13 to $16 per share and company executives have likely spent recent days on an investor roadshow to gauge and pique interest. As the first e-commerce company operating in Africa to list on the New York Stock Exchange (NYSE), Jumia is pretty much in uncharted territory. And, by itself, that novelty could be a driving factor for investor interest, according to veteran investors in e-commerce companies from emerging markets.
“I suspect that many people will think of it as exciting, as the ‘Amazon of Africa,” says Kevin Carter, founder of EMQQ, an Oklahoma City-based exchange traded fund focused on internet and e-commerce companies in emerging markets. EMQQ’s holdings currently include Naspers, Tencent and Alibaba. “As a headline, retail investors specifically are going to say ‘that sounds like the future’ [but] institutional investors will be a lot more discerning beyond just the headline,” he tells Quartz Africa.
Eric Jackson, president of EMJ Capital in Toronto was a relatively early investor in Chinese e-commerce giant Alibaba after it went public on the New York Stock Exchange in 2014. He is also positive about Jumia but for different reasons.
“People are familiar with the business model of e-commerce so it boils down to an easy-to-understand pitch, its first mover advantage and the large market that’s only going to become wealthier overtime. There should be a good amount of interest.” In addition, Jackson says, “the road ahead of them [Jumia] has been plowed by the successes of Amazon, Alibaba and, to a lesser extent, MercadoLibre in Latin America.”
Jumia’s IPO is also significant because it will be the first major African-focused venture-funded tech company to go public and will be seen as the flagship for a business sector that is still very much in its infancy but is seen by some as playing a vital role in driving a new type of African development based around technology and innovation.
Usually, amid an IPO launch, the scale of media coverage is one of the markers of public and investor interest. In that regard, Carter believes “the wow factor” of Jumia’s status as an Africa-focused online retailer launching in New York will receive some coverage in local US media.
But as Jumia’s IPO is happening amid a flurry of major tech IPOs including Uber and Pinterest, it could ultimately be drowned out. And just as its focus on African markets could prove novel, that effect is unlikely to linger for too long, Jackson predicts. “MercadoLibre (Latin America’s most popular e-commerce platform) has never been the most popular stock on US business television. It just doesn’t get as much attention as an American, European or Chinese-focused stock,” he tells Quartz Africa. “At the end of the day, that doesn’t mean Jumia won’t be successful. A lot of American enterprise-focused companies don’t get as much attention as American consumer oriented companies and they do just fine.”
Jumia’s media mileage could also benefit from the pedigree of Rocket Internet, its parent company known for founding and replicating proven startup models globally. “Most tech people are familiar with Rocket Internet and familiar with their story,” Jackson says.
As they typically do, prospective investors would have scrutinized Jumia’s S1 filing which showed the scale of its losses: as of Dec. 31 2018, the company has accumulated losses of nearly $1 billion. But Carter says investors are unlikely to be scathing in their judgement of Jumia’s loss-making history. “The question is ‘what’s the critical path to get past those losses’?”.
In addition, with similar track records of large losses pre-IPO increasingly common, “Wall Street has a history, particularly with internet and e-commerce companies, of looking past [the losses],” Carter adds. Indeed, recent events back up that prediction with loss-making tech companies like Uber planning their IPO any day now and Lyft successfully launching its IPO amid solid investor interest. Carter predicts investor interest in Jumia will not be hurt by its losses so long the company shows investors “its path to profitability” during the roadshow.
Amid all the attention Jumia is subjected to as it launches in New York, Carter emphasizes the significance of its launch. “The e-commerce story in emerging markets is a very big story,” he tells Quartz Africa. And Jumia’s launch, he adds, is an “important milestone.”
True as that might be however, Jumia is still far from being a globally renowned success story. Indeed, two stock analysts who cover Amazon and Alibaba declined to comment for this story as they’d never heard of Jumia.
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