text:
Zopa launches new credit card with an emergency pot of cash
Zopa, Britain’s first peer-to-peer lending platform, has unveiled a credit card in a bid to rival digital banks.
The two-tone blue credit card lets borrowers set aside a pot of cash as a buffer for emergency spending and charges 34.9 per cent interest, unless you pay off the balance in full each month. It can be frozen remotely and gives customers instant notifications on purchases.
Zopa has been steadily moving into everyday banking, and in August began offering a range of savings accounts. The savings are covered by the Financial Services Compensation Scheme (which protects deposits up to £85,000), unlike its peer-to-peer accounts, with which customers issue loans to borrowers in the hope of earning high returns.
Zopa’s cash savings accounts pay 0.9 per cent


text:
The next MX-5 Miata is only a few months away. Will it look something like this?
Although it first debuted in 1989, the Mazda MX-5 is still only in its third generation. For a model this old, it's remarkable how Mazda has managed to slowly evolve their best-selling roadster over the years. Discipline was required. They were careful about adding weight as well as increasing its overall dimensions. Thing is, both happened and there have been several Mazda engineers over the years who've been concerned about it.
In other words, Mazda believes their current generation MX-5 is too big and too heavy. So what to do? Downsize. In the coming months Mazda will reveal the fourth generation MX-5 Miata and, as they've repeatedly said, it will be smaller and lighter than ever. The goal is to bring the car back down to its original 1989 weight of just over 2,000 lbs. It will likely feature a small SkyActiv four-pot mated to the essential six-speed manual. Exterior styling will reflect their current design language which has just debuted on the CX-5 crossover (it'll also soon expand to the rest of the model lineup).
Thanks to graphic artist Theophilus Chin, we've been giving what we think are the most accurate renderings of the new car we've seen so far. It's clearly smaller than the third-gen model and the front-end is definitely in line with the CX-5's. So what do you think? If the next MX-5 looks something like this will it continue to be the best-selling sports car it's always been?

domain: news


text:
Queen of WorldPay cash-machine scam sent down for 2.5 years
Hi-tech Fagin herded money mules
A Nigerian woman has been jailed for two-and-a-half years in the US after she was found responsible for playing a key role in the infamous $9m WorldPay payment card scam back in 2008.
Sonya Martin, 45, was convicted of managing a team of Chicago money mules who withdrew money from cash cards that had been loaded with looted funds. Cybercrooks had topped-up the payroll debit cards by breaking the encryption used to protect their sensitive financial data. Such cards are used by some firms to pay workers.
Hackers used compromised access to WorldPay's systems to raise the account balance and withdrawal limits on targeted accounts before forging 44 payment cards associated with these compromised accounts. Funds were then withdrawn from these accounts in an overnight cash-out operation involving 2,100 ATMs in at least 280 cities in the US, Russia, Estonia, Italy, Hong Kong, Japan, and Canada in a coordinated operation on 8 November 2008, the FBI said.
The gang monitored the progress of the cash-out operation in real-time using WorldPay's own computer systems before attempting (unsuccessfully) to erase their tracks. Infamous hacker Albert Gonzalez masterminded the whole scam as well as other credit card megabucks against TJ Maxx, Heartland Payments Systems and others. Gonzalez was jailed for 20 years in the spring of 2010.
The FBI said Martin managed a cash-out crew in Chicago that used counterfeit debit cards to fraudulently withdraw approximately $80,000 from various Chicago ATMs. She was arrested in March last year when she attempted to board a flight from New York to London. Martin will have to serve five years on probation after her release, as well as paying back $89,000 in restitution for her crimes.
An FBI statement on Martin's sentencing can be found here. ®


text:
Facebook Metaverse bitcoinmusk , isn’t any stranger to controversies, however the latest wave introduced on by the Facebook Metaverse Papers, which were leaked by a former Facebook worker, supplied an unprecedented amount of ammunition to critics and coverage-makers which have been looking to rein within the company’s outsized influence on politics, communications, and society by way of regulatory actions. That is a mix of manufacturers that nobody would ever accuse of getting a lot of an curiosity in either NFTs or the metaverse, however the concept exhibits promise, and some firms need to capitalize on that. The move would seemingly position the flagship app as considered one of many merchandise beneath a father or mother firm overseeing manufacturers akin to Instagram and WhatsApp, according to the report. And as clothing brands all over the world start organising shop within the metaverse, Meta is definitely in discussions with many corporations about what potential partnerships would seem like. “There are a variety of corporations which might be really taking this know-how critically but it’s definitely not the majority,” Parry says. It’s additionally a part of the “metaverse.” Once a distinct segment concept beloved of tech lovers, the idea of a centralized virtual world, a “place” parallel to the bodily world, has careened into the mainstream panorama this 12 months, as epitomized by Facebook’s determination in October to rebrand as Meta.
However, it’s essential to notice that the metaverse of Zuckerberg’s goals definitely doesn’t absolutely exist. Banks and investors are taking word. Since it’s decentralized, there are no servers or directors. He added that there hadn’t been important job cuts to existing groups because of the new course. Fresh knowledge on US job openings at 10:00 a.m. And now I’m, possibly, Facebook Metaverse outfitted to do the job that I’m in. Now progressively more girls are going for to get bigger. But that determine is likely to be higher if more people tried it. Facebook CEO Mark Zuckerberg has been speaking up the metaverse, a digital world the place folks can transfer between different gadgets and talk in a virtual environment, since July. Zuckerberg first told The Verge in July that he wants Facebook to finally develop into a “metaverse company.” The phrase metaverse refers to a theoretical virtual space the place individuals can entry the internet, for example using virtual-reality or augmented-actuality headsets.
The word “metaverse” is often traced to Neal Stephenson’s 1992 dystopic, cyberpunk novel Snow Crash, and many see a more recent inspiration in the dazzling warren of experiences at the heart of Earnest Cline’s 2011 novel Ready Player One. On one degree, Facebook Metaverse it could be a 3D social media channel with messaging focused completely to each consumer by AI. She reoriented her media profession toward cinematic virtual actuality work after which moved onto work with headset manufacturers, finally serving as a “VR evangelist” for the HTC Vive headset. Tomlinson had always been eager about virtual actuality, however it wasn’t until he tried the Oculus Quest headset and was launched to a productivity app referred to as Immersed that he found the answers to his work conundrum. This could seemingly not be as a lot of a factor for work functions, however still it can be good to have some more options to deal with this concern. However it doesn’t enhance your expertise, and these excessive-definition cameras show pretty much every thing: a receding hairline, your complexion problems, wrinkles, any hair out of place, and any messiness in your clothes or workplace. “They hung out and played they usually went to different different video games together,” she says.
Kids should not the only ones wading out into the metaverse breakers. What are the critiques of the metaverse? Millions of persons are spending hours a day in digital social spaces like Roblox and Fortnite. The game World of Warcraft became a persistent social scene for thousands and thousands in the early 2000s, and communities have continued to sprout up inside and around video games. With reviews that Facebook Inc. is predicted to rebrand as a metaverse company, the not-so-novel term has made its way into headlines around the globe. Metaverse, a time period first coined in a dystopian novel three many years earlier, is common in Silicon Valley and has been referenced by other tech corporations similar to Microsoft. Facebook Inc., beneath fire from regulators and lawmakers over its enterprise practices, is planning to rebrand itself with a new group identify that focuses on the metaverse, the Verge reported on Tuesday. In a presentation last month, Zuckerberg described how the metaverse would allow for mixed-reality enterprise meetings where some individuals are bodily current whereas others beam in as avatars. Last month, Facebook appointed Andrew Bosworth, who heads up the social media company’s augmented reality and virtual actuality efforts, including products like its Oculus Quest VR headset, as chief expertise officer.
How Much Do You Charge For Facebook Metaverse
When he is not pulling on masks, he is performing acrobatic somersaults. While identified for pulling on a Spiderman mask in his time enjoying in France and Germany, Aubameyang’s favourite superhero seems to be Batman. We might be able to go back to engaging in actions we enjoyed as a household, those who could be too excessive threat to do while they were unvaccinated. While the concept of the Metaverse is a quite giant one, there are not any promises of it launching anytime quickly. Zuckerberg spearheaded a pointy-elbowed response to Haugen’s allegations, refusing to apologize publicly and as an alternative altering the company’s title to Meta to highlight his focus on building a virtual actuality Metaverse. And that has given it the struggle chest to be perhaps essentially the most formidable company on the subject of ushering in the metaverse, which Zuckerberg said is the subsequent technology of the web. Facebook sees the metaverse because the successor to the cell internet. The tech buzzword of the season is “metaverse.” Facebook kicked the craze into high gear at its Connect conference in late October, that includes an hour-long picture-rehabilitation video where Mark Zuckerberg revealed the company’s new identify, Meta, and confirmed off a imprecise digital-first future referred to as the metaverse.
He even revealed a Batman shirt after Dortmund’s win over Schalke last 12 months. And this year I wish to do better, I wish to do extra every time. The Quest 2 also stays a powerful entry point to VR that doesn’t look like it is going to develop into obsolete next year. If the premise sounds familiar, that’s because AR, VR, and MR are already laying the foundation for resembling digital space that may take the web as we comprehend it and usher in its next major evolutionary phase. In keeping with the FACEMETA roadmap, the token will soon be accessible on the popular KuCoin exchange (in 2022). But until then, anybody wanting to get their palms on some Facebook Metaverse tokens will need to do so through the PancakeSwap decentralized trade. Finally, Facebook has fulfilled its claim and it has launched its own metaverse token. As in essentially the most ambitious metaverse tasks, Solice is pitched at an enormous cross-section of customers: liquidity providers and different DeFi veterans; hardcore players; even companies, who can lease promoting house in busy public areas.
Shoal tower and an office high-rise at 300 W. Sixth St, in addition to office area in the Domain in North Austin. For the most half, online bystanders have been supportive of Katie and Dalton, wishing them nicely and praying for them after they died. Katie and Dalton’s story teaches us classes about love and medicine. Lower than a week earlier than she died, Katie sat down for an interview with CNN at her house in Flemingsburg, Kentucky, and mentioned she never regretted meeting up with Dalton. Later that night time, Bradley rode dwelling from the bar with Hernandez and different passengers, and they received into a heated argument, he testified. He mentioned that his elderly mother, for instance, wants to remain alone in her home instead of transferring into assisted living, even though living at residence increases the chances she could fall and no one could be instantly obtainable to help her.
Within the worldwide press, the Abode of Chaos has been described as an ensemble of distinct OEuvres and as an unavoidable and distinctive “Factory” with a spot in Art History as one of many most vital inventive initiatives of the early 21st century. In February, Facebook Metaverse he told reporters he had promised his dying grandfather he would someday play for Real and rumors of a transfer to the Spanish giant have been ongoing ever since. Greater than 81,000 followers pass by way of the gates every match day and the Westfalendstadion boasts its fearsome “Yellow Wall” of supporters, who make up Europe’s largest free-standing terrace. So a lot more characters are developing who, the truth is, indulge. However, there are a variety of signs that curiosity within the metaverse is already starting to wane. Now that Facebook has rebranded as Meta, and Mark Zuckerberg shared his imaginative and prescient for the metaverse at Facebook Connect 2021, I’ve created a graphic to show how Meta fits into the identical model.
Your Weakest Hyperlink: Use It To Facebook Metaverse Account
It’s undoubtedly an enormous gamble on giving up the brand name used for 17 years and going all-in on Metaverse, a model-new field. Facebook modified its title to Meta for creating a brand new path for the company, and perhaps another important purpose was to get rid of the damaging picture that has been looming over Facebook since the previous few years. Creating a vivid virtual world by creating immersion by means of VR, AR and other applied sciences is undoubtedly a major key to the Metaverse. Around the identical time, Epic Games, the Cary, North Carolina-based mostly video sport developer, pried away one in every of Facebook’s lead executives to guide its personal efforts at creating a metaverse. Metaverse share” was listed on the brand new York Stock Exchange in March. The hit to Alphabet represents a 9 % fall in income progress for the company as it authorizes a $70 billion stock buyback to return capital to shareholders. In line with Bloomberg, the Metaverse market may attain $800 billion by 2024, a worth that’s fully 5 occasions the dimensions of at the moment’s gaming market. “There’s a huge marketplace for that.” “Whoever has management of it has influence over your entire world,” Dr. Reid says. Dr. Reid thinks it should change our lives just just like the internet did.
Reid thinks it’ll change our lives simply just like the internet did. But with the event of applied sciences equivalent to A.I and Blockchain, the seemingly unattainable Metaverse is gradually coming into folks’s lives. That’s the six hours that’s Facebook is making an attempt to take from people’s lives and take their addictions to new heights. Facebook executives mentioned in a weblog put up that the initiative is a vote of confidence in Europe’s tech sector, and that they need to see the completion of a digital single market and stability on international knowledge flows. In recent years, Facebook has withstood much stress from both market competition and the government’s supervision. 2. Lately, Facebook has invested rather a lot in VR and AR know-how. In recent years, Facebook has invested lots in VR and AR technology. Even Facebook is clever to the prevailing headwinds, having not too long ago declared that it will remodel from a social media firm into a metaverse company.
Facebook’s plan to throw enormous quantities of cash into the metaverse makes me extra bullish on crypto than ever. Well, that’s time that Facebook would like you to spend in its metaverse to make the corporate more cash. That being mentioned, A.I & Blockchain are the 2 most important technologies which might be going to make Metaverse come into existence. On October 17th this yr, Facebook announced its plan to recruit 10,000 folks in the European Union within the next five years to work on “Metaverse”. It was stated that the social community has now unveiled plans to add a whopping 10,000 “high-skilled” jobs that unfold across the entire European Union over 5 years in order to construct its very own virtual in addition to augmented actuality experiences. We’re clearly in the very early phases however we’d like to begin speaking about these issues now earlier than we go down a route we can’t reverse away from. Because of the big effort put in it, principally by Alphabet’s Google, we now have the expertise of a unified web. These metaverse visions overlap with the concept of Web3, a term protecting decentralized internet companies the place customers retain more personal control over the info they put online.
The idea was first proposed by American writer Neal Stephenson in his 1992 science fiction novel, Snow Crash. Additionally, FB inventory is trading at reasonable price multiple for the first time in some time. It’s the first company to write down the concept of the Metaverse into the prospectus. The word “metaverse” is made up of the prefix “meta” (that means beyond) and the stem “verse” (a backformation from “universe”); the term is often used to explain the idea of a future iteration of the web, made up of persistent, shared, 3D virtual areas linked right into a perceived virtual universe. The word “Metaverse” is made up of two components: “meta”, which means “beyond” and “after” in Greek, and “verse”, which means “universe”. Combining the two makes the word, “Metaverse”. 3. The 12 months 2021 witnesses the event of Metaverse, and this concept is increasing in recognition. Similarly, manufacturers are additionally offering take a look at drives of their idea cars and fashions which have been newly launched, providing fascinated customers a sneak peek into the vehicle’s driving expertise, interiors, features, and HUDs. After the rebranding occasion, Meta will focus extra on growing Metaverse, a expertise bringing you a more immersive experience, and can regularly transition from a social media company to a Metaverse company.
Three Ways To Guard Against Facebook Metaverse 10 Billion
We may even see how crypto derivatives trading mirrors inventory derivative buying and selling. Still, the flip aspect of the coin is that crypto derivative traders won’t have the peace of mind that they’d have when trading with a regulated broker. I’m not a scientist, however I don’t thoughts saying that the Meta and Metaverse imaginative and prescient of tons of of thousands and thousands of individuals working and living huge portions of their life in VR seems patently absurd, even accounting for improvements in both technology and consolation. It’s believed to have had an 18-hour battery life. Naturally, you’d have been in a position to post to Facebook and Instagram from the watch. Company executives have for years argued that news is only a “small percentage” of what people share on the platform, and the corporate utterly reoriented its feed in 2018 to deal with Facebook mates rather than publishers. Among the numerous revelations from these leaked documents, we discovered that Facebook refused to share internal research displaying that the social community is harmful to the health of young individuals. Dating specialists have a few predictions, together with a continued use of virtual dating, a push towards critical relationships for some and non-monogamy for others, Facebook Metaverse (https://blog.bitcoinmusk.org/tag/facebook-metaverse/) and an emphasis on mental well being and vulnerability.
Meta may use among the features in different wearables. While you create a Meta account, you may must create a Meta Horizon profile with the username, avatar, profile photo and so on that you’ll use in the corporate’s vision of the metaverse. These avatars won’t be AR-enabled but, either, despite Facebook’s guarantees of future AR glasses and a variety of AR-enabled results in Instagram and the corporate’s video-chat-based Portal smart displays. Speaking during the corporate’s third-quarter earnings call, he mentioned the company’s TikTok rival Reels can be “as vital for our products as Stories.” “We additionally anticipate to make important changes to Instagram and Facebook in the next year to additional lean into video and make Reels a extra central part of the expertise,” Zuckerberg said. Facebook renamed its own inside VR and AR growth teams as “Facebook Reality Labs” last yr. That second digicam appears to have prompted issues during development – its positioning reportedly interfered with sensors that turned suggestions from the wearer’s nerves into digital indicators.
On prime of that, derivative traders with Eightcap have access to a number of funding choices and tremendous fast withdrawals. One of many methods to do this is through crypto derivatives, because it enables derivative traders to go long or brief. Not solely are JEDSTAR supporting crypto based mostly points however they’re also reaching non-crypto gaming platforms equivalent to with their most recent partnership announcement with Skill Gaming for STARDOME. Crypto wallets MetaMask, Rainbow, and Trust Wallet can be the first wallets compatible with Instagram. KRED will likely be having a public pre-sale on JEDSTAR’s web site in Q4 which permits for users to purchase the token at a discounted worth previous to public launch later within the year. That’s what we’re focusing on right now and can proceed to take action subsequent 12 months. Horizon will even be used for academic functions, allowing teachers and mother and father to transport their youngsters to completely different eras and extra.
For instance, the up to date privateness coverage outlines what data Meta collects once you create a Meta Horizon profile, resembling your profile picture, avatar and interaction with games and apps. For every item sold in Horizon Worlds, a 30% cut goes to Meta through the Oculus platform, and 25% of the remaining quantity goes to the Meta App Store. The prototype reportedly did not have a native app store. In an announcement, a Facebook spokesperson said the new moniker was meant “to higher mirror the diverse content folks see on their Feeds.” They added that the brand new name won’t change how the characteristic works in the app. Consumers will see a transition from Oculus to Meta branding in early 2022, with the Meta Quest 2 and the Meta Quest App both slated for a reputation and visual change. Folks who’re considering Meta Quest but want nothing to do with Facebook will now not want an account for the latter. The corporate will begin rolling out the brand new account next month for existing and new Meta Quest users.
In case you have any kind of queries concerning exactly where and the way to utilize Facebook Metaverse, you can email us at our website.
Super Useful Ideas To improve Facebook Metaverse Stock Price Today
Microsoft has already been working with Accenture to create Mesh-enabled immersive areas and digital avatars. Metaverse games will “span from immersive experiences and fantasy worlds to bringing simple video games into our on a regular basis lives via holograms.” Their game demos ranged from Quest-model VR minigames to AR fencing in opposition to an opponent in actual time. What will they do in a metaverse? The company’s main focus now could be to convey the conceptual Metaverse to life, which is said to assist develop businesses, discover communities, and improve social connections. What are you able to do proper now? You possibly can attempt some easy AR issues right now together with your telephone. This ‘how-to’ stuff will transfer from flat YouTube to AR, for instance, Jonathan used a plumbing video on his cellphone to repair the U-bend underneath the sink whereas in the future he could possibly be sporting the glasses and the way to repair it would be overlaid onto the bodily surroundings. This shift will lead to new methods of making, in addition to extra opportunities for creation and sales of digital belongings, plus new ways to community and market. VR is getting more social, health is becoming a hot vertical, and Facebook is constructing out extra methods VR can be used as a work gadget.
hostPageUrl’:’https://www.asiaone.com/money/facebook-metaverse-properties-beginners-guide-buying-virtual-real-estateHe then made abundantly clear that Meta’s endgame isn’t to push out different platforms and creators. In Washington, Facebook’s political push to advertise the metaverse is reportedly already in full circulate. Metaverse members all seemingly wish to make real cash whereas there with over 93% wanting to earn cash that may be transferred exterior the metaverse. But in latest weeks the term has gained new traction – and concern over its potential moral and societal implications after Mark Zuckerberg mentioned that in five years, Facebook can be a “metaverse company” and declared it the “successor to the mobile internet”. Over 77% of these excited by joining a metaverse are fearful about Facebook owning the info, in line with the survey of 1,000 U.S. The wealthy-skilled blinders here are so obtrusive that I’m undecided where to begin. You possibly can Contact Me here. Using augmented actuality glasses, you may see data flickering earlier than your eyes as you walk via a metropolis, from visitors and pollution to updates on local history. Some youngsters gleefully brag about utilizing their parents’ VR headsets to entry Horizon Worlds. This would enable video recreation builders to entry broader gaming markets, additional incentivizing the usage of Unity’s offerings.
The stores can also showcase voice-activated sunglasses, developed at the side of Ray-Ban, that you need to use to take photos and movies. I started podcasting in 2009 and it was 2015 earlier than it actually began to take off in the mainstream. One in 5 (20%) imagine they will be mainstream 1-2 years, whereas nearly half (49%) imagine it would take 3-6 years. Facebook has also stated that the Messenger app for VR headsets will now embody audio calls as well in VR, someday later this 12 months. Sharing his imaginative and prescient of what it’d appear to be, the founder and controlling shareholder of the $1tn (£750bn) firm described an internet world the place folks sporting VR headsets – Facebook also owns Oculus, the digital-reality platform – would not just view content material however be inside it. I’ve tried a few headsets at varied occasions however I’m ready for Apple to launch their glasses/headset as that’s my main eco-system.
It is the emergence of a new eco-system. ” For the full year, Meta reported a lack of $10.2 billion for its Reality Labs section – encompassing its augmented-actuality and VR-related client hardware, software program and content material businesses – on revenue of $2.27 billion. Oculus is perceived as considered one of, if not the very best, virtual reality headset available in the market. Firstly, as we mentioned above, everybody is utilizing Oculus. “If you think about ThisApp, our platform is essentially valueless if customers aren’t using it. Ownership is represented by a digital token, Facebook Metaverse – click here to find out more – which users can switch between wallets. I can only contact on some potentialities in this episode however think about it this manner – the internet has remodeled our lives in so many ways, and in the identical means, net 3.0 will remodel it again. Web 3.Zero will need new infrastructure and inevitably we might want to update our eco-systems as expertise changes and new corporations emerge.
Tips on how to Handle Every Facebook Metaverse Job Openings Problem With Ease Utilizing The following tips
It’s not necessarily hard to do with a database if we have now a really good standardized schema and you can pick which database it’s in and it goes right here and there and everyone type of has access to that. The fundamental technologies are definitely one of the issues that might be helpful here. And so, yeah, there are areas the place this is definitely fairly workable. There are going to be people who find themselves stylists. Still, I’m very skeptical that you simply guys are going to figure that out with all of the opponents within the business. But still, when you have religion in this project then we want to let you know that the FaceMeta token is offered on a number of exchanges. On condition that it has solely been a few months since Horizon Worlds was made widely out there, it’s too early to inform if the platform’s fast development will continue or whether it can be capable to retain users over time. Perhaps most essential, Microsoft’s target market isn’t the teen and younger adult era Facebook has referred to as its “north star.” The corporate is, as at all times, targeted on enterprise users.
In 2021, Facebook unveiled a really rudimentary model of its Metaverse that was not significantly completely different from video video games. Why not play Steam games on the Quest 2 earlier than you move onto the Metaverse. The companies additionally make video games themselves, with Epic’s Fortnite – the most-performed recreation in 2021 – being an example of a breakthrough success. So I feel the watch word for the metaverse is continuity, being able to have a continuity of experiences throughout each experiences and platforms constructed by different firms. But I feel it’s necessary to support it. It’s not an unimaginable problem. Even with proper management of your personal key, it’s beneficial that you retain your crypto belongings in your private wallet as a substitute of in your change wallets. It was the primary time I’ve actually heard Mark even say the word NFT publicly. Some say Web3, constructed on blockchain, will replace centralised company platforms equivalent to Roblox, YouTube and Instagram with neighborhood-run networks which have open protocols. Facebook, whose new official company name will likely be Meta Platforms beginning December 1, 2021, will commerce under ticker symbol MVRS. Predators of all kinds have all the time been rampant on the social media platforms too-as are aggressive cyberbullies-there are such a lot of points we now have but failed to solve.
The monetary dedication by the world’s largest social media firm to constructing the metaverse comes as the corporate is swamped by protection of documents leaked by former Facebook employee Frances Haugen, which she mentioned showed the company selected revenue over user security. Advances to cloud expertise are loosening ties to consoles amid expectation consumers will spend extra time playing and purchasing in digital actuality and attracting funding from firms like Facebook mum or dad Meta. What may sell VR headsets more successfully than the notion that everyone will need one to access the web of the longer term-especially if that same internet is Meta’s personal? In addition to its main social community, that now consists of Instagram, Messenger, its Quest VR headset, its Horizon VR platform and more. This year’s digital occasion explored what experiences within the metaverse could really feel like over the following decade – from social connection, to leisure, gaming, fitness, work, training and commerce. Decentraland, a digital place with its own financial system, forex (MANA) and social events – accessible to anybody with an online browser – saw its market valuation explode from $1.44 billion to $2.08 billion over the previous 24 hours. In the current net environment, such fame methods have had a combined document in curbing toxic conduct.
However, like Kleenex and Band-Aid, brand names which have come to describe products within the minds of consumers, Facebook’s adoption of the name Meta may soon grow to be indistinguishable from “the metaverse” in frequent language. For years, one among Facebook’s largest problems has been its refusal to acknowledge how much it is disliked by the general public. The documents present the deepest look yet at lots of Meta’s greatest problems, together with with its approach to combating hate speech and misinformation, managing international development and protecting younger customers on its platform. And so the creator economy is basically the factor that might be the most important factor to unlock. Like who owns this factor. That looks as if a mixed message. Front-of-thoughts for investors, although, shall be how Meta’s core digital advertising enterprise is faring, after the tech large stated in October it faced “significant uncertainty” within the fourth quarter. “We must rewrite total contracts and employment insurance policies ground up, rather than making an attempt to edit the prevailing rules, as a result of these are completely completely different worlds,” she said. Maybe as soon as this becomes just so realized that people must do it as a result of shoppers are demanding it, then possibly. And there’s an capacity to say, yep, the system can confirm that I’m the owner of this object and I have the suitable to make copies of it, or to sell copies, or regardless of the thing is.
If you have any issues pertaining to the place and how to use Facebook Metaverse, you can make contact with us at our own webpage.


text:
June 29, 2015
June 2, 2015
Solving the overhead bins problem may take some airlines a decade, reports Scott McCartney in The Wall Street Journal (6/25/15). For many airlines, the problem is of their own making. By cutting the number of flights to fill more planes to capacity they made it impossible for some passengers to bring bags on board. A Boeing 737-900, for instance, “has about 180 seats” but only enough bin space for 125 carry-on bags. Charging fees for checked bags further compounds the problem, as it motivates passengers to use carry-ons instead. Some note that airlines may have this backwards. “We give away the most valuable space on the airplane — the overhead bin — and we charge for the least expensive space — in the belly,” says David Cush, CEO of Virgin America, which has no plans to change its policy.
Southwest has taken a different approach to solving the problem; it simply doesn’t charge for checked bags, which tends to reduce the number of carry-ons. The airline’s bins also accommodate carry-ons that are “2 inches longer, 2 inches wider and 1 inch deeper than American, Delta and United.” Southwest reports that this “makes it more attractive to travelers, and revenue from extra passengers exceeds potential bag-fee revenue.” Passengers on Spirit Airlines, on the other hand, must pay more for carry-ons ($35) than checked ($30) bags. Those rates go up to $55 and $50, respectively, at the airport. This also reduces the number of carry-ons, and Spirit says it also has improved its record of on-time departures because “flight attendants aren’t frantically checking bags that don’t fit.”
Delta’s possible solution is a valet service that has “airline staff load passengers’ carry-on bags,” on the theory that they can do so faster “and with less wasted space” than passengers. Boeing, meanwhile, is working on “a new bin design … with a bin that pivots up into the ceiling rather than being a fixed cabinet.” New planes can also be ordered with so-called “space bins that are large enough to turn roll-aboard bags on their side instead of lying them flat. That means six bags in each 60-inch long bin instead of four.” Then there’s the Air Transport Association, which proposes “worldwide guidelines that would shrink maximum carry-on sizes by about 21%.” This would force travelers either to buy new bags or pay to check their existing ones — either way paying “to solve a problem airlines created.”
November 19, 2014
The airplane of the future will have no windows, reports The Economist (5/30/15). Instead, it will have exterior cameras that will project the scene from outside the airplane on a “thin-screen video display on either side of the passenger compartment.” If the scene is nothing but clouds or stars, the screens could be used to show movies. This “multiplex digital cabin” is expected to be available in 2020 in the S-512 via Spike Aerospace, which “could carry 12-18 passengers from, say, LA to Tokyo in just six hours, at Mach 1.6.
By 2050, Airbus envisions a “bionic cabin covered with … a ‘biopolymer membrane,’ a sort of tough plastic coating which can be electronically controlled to turn opaque or transparent on command, thus eliminating the need for conventional windows.” So, as the plane descends into New York, for instance, “the ceiling and walls turn transparent to provide a panoramic view of the Manhattan skyline.” When opaque, the walls could mimic sunrises and sunsets to help passengers adjust as they change time zones.
Meanwhile, “rigid divisions into first, business and economy classes” will have disappeared, replaced with “transforming seats” constructed of “memory materials which can morph into different shapes,” adapting “to the size of an individual’s body — and their travel budget. The more you pay, the more space and comfort the seat will provide.” Of course, whether any of this actually ever happens “depends … as much on the unforgiving economics of air travel as on the imagination of designers.”
November 13, 2014
Kentucky’s distilleries could teach the oil industry an important lesson, reports Neil Irwin in The New York Times (11/18/14). The two businesses are signficantly similar: Both products require long lead times and neither can predict future demand. With oil, it’s that it takes years of constructing drilling project "before the crude begins to flow." With bourbon it’s "because a distiller must keep the good stuff in barrels for seven, 10 or even 20 years before it’s ready to drink." This leads to the "boom-and-bust" cycles that afflict both industries.
The reason oil prices are dropping today is that high demand in the last decade triggered investments in exploration that are now creating excess supply. The opposite is happening with bourbon, which has become "the buzzy distilled spirit" over the past ten years, but distillers had no way of foreseeing this. "In 2002, we would have been making Buffalo Trace to be sold in 2011," says Mark Brown, CEO of Buffalo Trace Distillery. "There was absolutely no indication that demand would have reached the levels it reached."
The difference is in how the two industries respond. The oil industry simply adjusts its prices, as Economics 101 would suggest. Unfortunately, doing so raises consumer incentives to "invest in efficiency and alternative energy sources," which works against the oil industry’s interests, long-term. Bourbon makers, meanwhile, hold prices steady regardless of supply and demand. It’s a bet "that there is more money to be made in the long run by cultivating a new generation of bourbon drinkers," while also "building loyalty among customers."
November 13, 2014
A Chinese company is producing the "Model T" of drones, report Jack Nicas and Colum Murphy in The Wall Street Journal (11/11/14). "Back in the day, you could talk about cars, but pretty much every car on the road was one of the Model Ts," says Matt Waite of University of Nebraska, drawing the parallel. The ‘Model T’ of camera-equipped drones, popularly known as the Phantom, is made by Shenzhen-based SZ DJI Technology, which is "selling thousands of its 2.8-pound, square-foot devices for about $1,000 each."
This not only makes DJI "the world’s biggest drone maker by revenue," but also "the first Chinese brand to pioneer a major new global consumer product category." The Phantoms are attracting all kinds of interest, having "garnered fans for their aerial footage of extreme sports, fireworks and Niagara Falls, and famous users," including Steve Wozniak, Jamie Foxx and Martha Stewart. They are being used "in filmmaking, farming and construction — all in defiance of the FAA’s effective moratorium on commercial drones."
Founded in a university dorm room in 2006 by Frank Wang, DJI had "90 employees and $4.2 million in revenue in 2011." It now has 2,800 employees, three factories, and this year expects to post sales three to five times greater than in 2013, when it posted $130 million in revenue. This has led to growing pains, including lawsuits and customer-service issues. "Their innovation rose them to the top very quickly,’ says Stephen Burtt, CEO of Aerial Technology, a drone retailer. "But then it was: ‘Oh wait, how do we clean up the trail we just blazed?’"
November 12, 2014
A boyhood fascination with blimps and dirigibles is propelling a newfangled airship, reports Billy Witz in The New York Times (11/11/14). Igor Pasternak, 50, grew up in Lviv, Ukraine and "believes he is on the verge of developing an aircraft that will change the way large cargo can be shipped." He calls his innovation the Aeroscraft, and envisions a "770-foot long, silver-skinned airship, which is kept aloft by helium-filled tanks, delivering fresh fruit to Alaska, dropping triage units at disaster sites or depositing heavy machinery into remote locations."
The Aeroscraft "will take off and land like a helicopter," controlling descent via a system that replaces (non-flammable) helium with oxygen, which is heavier. The craft would have twice the capacity of a C-5 cargo plane, and a range of about 5,870 miles. Igor believes the Aeroscraft will be ready in about four years’ time and predicts it will "transform the distribution of goods the way the Internet has transformed communication." Chris Caplice of MIT isn’t so sure. "It has uses, but they are narrow," he says.
Chris suspects the Aeroscraft may go through the Gartner hype curve, "in which a period of inflated expectation is followed by the trough of disillusionment, which eventually gives way to a middle ground as a product finds its niche." The comparison is to RFID, which has "not quite revolutionized how people keep track of things." Igor is pressing on, however. Much of the development cost has "been covered by government military contracts," but Igor says he plans to derive future financing from sales.
October 22, 2014
Little old trailers from the 1950s and ’60s are enjoying a comeback, reports Steven Kurutz in The New York Times (11/6/14). Kelle Arvay loves her 13-foot 1955 Bellwood travel trailer, with "its rounded aluminum shell exemplifying all that is sleek and sturdy about mid-century design." She keeps it, under a carport, in her yard. "Sleeping in one of these is just great," she says. "Especially at night, if it starts raining. It’s a great sound, the rain on the roof." She owns a 1968 Shasta Compact, measuring just 10 feet long, as well.
Kelle also buys, restores and sells old trailers, and chronicles her passion on a blog, littlevintagetrailer. She’s not the only one making money. J. Wes Yoder bought and fixed up "a ’63 Shasta on eBay for $1,900." Parked in his backyard, he rents it on Airbnb and says it was occupied almost every day for the past year. "A lot of people who stay here talk about how simple it is," he says. Old trailers "are being repurposed in all kinds of ways: as a roadside bakery stand, as vacation homes … as backyard writing or painting studios."
Some see the trailers as a time capsule, and want only original parts. Others, like Mandi Gubler, relish the chance to "transform an old shell," remaking a 1972 Bell trailer, painting the stove white and cantaloupe and installing a pine floor. Marsha Heckman bought and re-decorated a 29-foot Airstream instead of adding onto her home. Given such "renewed popularity, Shasta reissued its 1961 Airflyte," known for its "canned-ham shape," with updated appliances and a bathroom, but otherwise "preserved the classic styling."
October 22, 2014
Marty McFly inspired a generation of tinkerers to create a real hoverboard, reports Conor Dougherty in The New York Times (10/21/14). Marty and his hoverboard were fiction, of course — a memorable scene from Back To The Future Part II in which the Michael J. Fox character used "a floating skateboard to flee a gang of bullies." (video) The future back then was 2015, and the film "had other futuristic items, like flying cars and self-tying shoes, but none touched the imagination like the hoverboard."
Greg and Jill Henderson are among the inspired, although their aspiration actually is buildings — not skateboards — that float. Their hope is to arrive at a new kind of foundation, using the magnetic technologies that might give rise to the hoverboard, to "build cities to better withstand earthquakes." The Hendo Hoverboard, "a noisy magnetic skateboard that can float above a copper surface … about an inch above the ground," is as far as they’ve gotten. They just launched a Kickstarter campaign (link) to raise $250,000 to keep their dream alive.
The essential challenge is "that repelling magnets are tough to balance." Other hoverboard hopefuls include Rich DeVaul and Dan Piponi of Google X, who "got as far as a fingernail-size piece of carbon that could hover above a lattice of small magnets." Rich and Dan still think they can build a hoverboard, but admit it may be pointless. "I was racking my brain because I so wanted to build this damn thing," says Rich, adding: "We weren’t sure exactly what big problem we were solving except for this global lack of skateboard parks."
Had it not been for Hitler, "the airship would yet have had a place in global transportation," writes C. Michael Hiam, author of Dirigible Dreams, in a Wall Street Journal book review by Sara Wheeler (10/18/14). Ferdinand Zeppelin "pioneered the ‘rigid dirigible,’ an airship with an aluminum frame that could support gondolas below," and some "fully expected that zeppelins would bring the war to a swift and satisfactory conclusion." The zepps did indeed scatter bombs, but "the unreliable airship’s wartime record was poor."
Unreliability was the recurring theme of the dirigible, which is defined by its "ability to navigate through the air by engine power, unlike balloon flight." Margaret G. Mather, an American who journeyed aboard the Hindenburg, reported "an indescribable feeling of lightness and buoyancy, a lift pulling upward, quite unlike an airplane." The Hindenburg also featured a "well-stocked wine cellar and cocktail bar," and a "tiny but complete" cabin where passengers could sleep "soundly between linen sheets."
The craft’s history is one of heroic attempts — such as Salomon August Andree’s "mission to reach the North Pole in a non-rigid airship," that ended in a crash. America’s "most powerful airship cheerleader," Adm. William A. Moffett, also went down with his ship. The dirigible’s "incredible potential" and the promised "future of human flight" was not to be. "One by one, nations gave up their dirigible dreams, especially after 35 souls burned to death on the Hindenburg in Lakehurst, NJ, one of the first transport disasters recorded on film." (video).


text:
Activision have officially revealed a free content update for the upcoming Call of Duty Black Ops Cold War. Nuketown '84 map is making a return this month while Gunfight mode is coming in December along with other free stuff.
Activision introduced a ton of free content in Call of Duty Modern Warfare and they will continue the trend with the upcoming Black Ops Cold War, which is just around the corner.
Today, the publisher detailed some of this free content that will be available shortly after the game's launch. Players will be happy to hear that the iconic map Nuketown '84 is making a return on November 24, 2020, in a free content update.
Shortly after that, on December 10, Season One will officially kick off in both Black Ops Cold War and Warzone. The first season will introduce more multiplayer maps, game modes, weapons, new Zombies modes and more. Popular mode Gunfight 2v2 is making a return, which is certainly a welcomed sight.
Activision did not share more details about Season One but you can expect a full breakdown very soon.
In other Call of Duty news, Activision revealed more details about player progression in Black Ops Cold War, confirming the new Prestige system and changes to Call of Duty Warzone.
Call of Duty Black Ops Cold War is officially hitting the shelves on November 13, 2020, for PC, PlayStation 4, PlayStation 5, Xbox One and Xbox Series X|S.
For more news about the game, check out the official pre-loading times, file sizes and pre-order bonuses.


text:
Nov 26, 2020|
JDD Series: JD Unveils Four New Enterprise-level Products
by Ling Cao and Ella Kidron
JD has launched four new enterprise-level products, which will be applied in retail, logistics, finance, education and management. The announcement was made at JD’s fourth annual tech summit JD Discovery (JDD), held on Nov. 25th in Beijing.
The products are: 1) a retail cloud ecosystem; 2) a digital supply chain platform; 3. a smart human-robot interaction platform; and 4) a modern city management system.
Jon Liao, chief strategy officer of JD.com said during JDD, “JD has accumulated experience in merchandise and logistics supply chain and built world-leading supply chain infrastructure, which will continue to optimize cost, efficiency and experience.”
Jon Liao, CSO of JD.com gives keynote during JDD
One of the products is a retail cloud ecosystem, which combines capabilities in technology, business, data and user management, and opens them to partners, providing enterprises and institutions with integrated services. For example, JD’s retail cloud has helped one large automotive company to build marketing platform covering viewing and purchasing, as well as auto aftermarket services, helping the client go digital.
JD has built a nationwide logistics network based on technology. At the conference, the company released a digital supply chain platform, which provides solutions for enterprises covering comprehensive supply chain management, especially in the areas of supply chain design, planning and execution, covering industries, including fast-moving consumer goods (FMCG), automotive aftermarket, home appliances and more. Leveraging the platform, JD helped Amway reduce logistics cost by 10%, and shorten inventory turnover days from 75 to 45.
JD has also launched a smart human-robot interaction platform, including smart customer service, which serviced customers 320 million times during the latest Singles Day Grand Promotion, among which the intelligent marketing guide increased conversion rate for the Haier flagship store on JD by 42%.
In addition, JD Digits announced a modern city management platform. Based on JD Digits’ intelligent city operating system, the platform can help local governments improve efficiency. Based on the platform, JD Digits helped Nantong, Jiangsu province build China’s first modern command center.
During the conference, JD also announced the establishment of JD Explore Academy, which will explore digital and intelligent technologies in AI, quantum computing, data science, engineering and management, decentralized computing, scientific research ethics, as well as science and art. JD will also recruit global talent to join its teams in these fields.
JD Explore Academy launch ceremony during JDD
Bowen Zhou, Chair of the JD Technology Committee shared at the conference, “In 2030, all enterprises will be technology-based.” He added that technologies such as AI, big data, and cloud computing will bring the most certainty and opportunities.
Bowen Zhou, Chair of JD Technology Committee addresses audience during JDD


text:
Traders in part of Gateshead say work to build a new supermarket close to a busy shopping centre is driving business away.
Work is now underway to build a Morrison's supermarket close to a Blaydon's main shopping centre.
But the work has drastically reduced the available car parking space.
Traders say the disruption is putting people off shopping there and fear many will go out of business before the new supermarket is even finished.
More top news
Sir Michael Wilshaw has said there was "very bad homophobic bullying" at free schools in Durham and Sunderland and parents deserve better.
Winter is back with weather warnings in place across the region. Ross has the details:
Ten people, six from Gateshead have been charged after drugs, believed to be destined for North East communities, were secured by officers.


text:
Executives have been burned by their previous dealings with big tech companies. But Apple’s promise of a billion devices worldwide was too good to pass up. Even for Rupert Murdoch.
Read more: https://nyti.ms/2WKTBdZ
When it comes to advertising on Facebook, people should be able to tell who the advertiser is and see the ads they’re running, especially for political ads. That level of transparency is good for democracy and it’s good for the electoral process.
Read more: http://bit.ly/2xxRoGu
Message recalls have been rumored on WhatsApp for months now and every couple of weeks, we got a glimpse of the functionality in a beta version but it was always a false alert and never properly worked. Now the option appears to be going live, with a slow rollout to more and more users.
Read more: http://bit.ly/2xyzJyz
The Philippines has hit a huge milestone: it just got its first unicorn startup. Revolution Precrafted, a developer of prefabricated designer homes, has raised its series B round co-led by Singapore’s K2 VC, valuing the company at over US$1 billion, according to two sources familiar with the deal.
Read more: http://bit.ly/2yEd0Vl


text:
Last Woman Who Had A Plastic Pink Flamingo In Yard And Was Not Joking Dies
–But Bad Taste Is Still Thriving
The generation born before WW II had terrible taste. Tuna casserole, fast food, suburbia, all are inventions of that generation. Plastic flowers, plastic floors and counters, were all non existent before these people existed. They have parted their warped values down to the younger generations–but not all have lasted. The last woman who had a plastic pink flamingo in her yard and wasn’t even joking about it has died.
“It is hard to say stuff bad about this generation because they survived the depression, and fought WW II. But something must have been in the air that made people go nuts. What would compel someone to put a plastic pink flamingo in their yard and not even be joking?” wondered philosopher Ellvord Stikenbuberoo. “After WW II everything started going to hell–the only thing that improved really was race relations in the US. Just look pre WW II photos. Americans were well dressed. Most buildings were well designed and aesthetically pleasing. The plastic pink flamingo generation came up with polyester leisure suits. Another thing this generation came up with is Naugahyde–fake plastic leather. Why would anyone in their right mind make or –>
buy that stuff?”
“Young people have terrible taste that is even worse than their grandparents,” countered Dr. Resimeroid Jabberwatoosi, an analyst at the Hoboken, Oregon Zapzinger think tank. “Look at the billions people spend on crappy fast food. If that’s not evidence that Americans still have terrible taste, what is? Is anything much different now that the last women who had a pink flamingo and was serious about it died? We think although plastic pink flamingo usage has gone down, bad taste in other areas has increased. Drug abuse is much more common among hippie and post hippie generations. Drugs became integral to the newer generation’s culture. The older WW II generation may have put plastic pink flamingos in their yards, wore polyester leisure suits and bought Naugahyde couches but their bad taste cannot compare with a culture that has doped themselves up with a multitude of drugs.”
Ellvord Stikenbuberoo countered Dr. Jabberwatoosi and stated, “that the massive drug abuse of the new generations is a symptom of the dispiriting environment of ugly box buildings and endless asphalt parking lot lagoons that dominate the American landscape. And the plastic pink flamingo generation invented that crappy suburbia. At least the newer generations had rock and roll. Who were music icons of the plastic pink flamingo generation? Bing Crosby and Lawrence Welk?”
“Oh come on,” countered Dr. Jabberwatoosi, “There were many great musicians in that Generation also; Duke Ellington, Louis Armstrong, Miles Davis, to name a few. While good music is one of a few American cultural strong points what about the political leaders that the younger generation picks? Is that not evidence that they have worse taste that the plastic pink flamingo generation?”
“Which generation elected people like Joseph McCarthy and Richard Nixon?”
The debate on which generation has the worst taste is taking over the Internet flame wars. The Intelligence Squared Society is planning on holding a public debate with Jabberwatoosi, Stikenbuberoo and other panelists on the topic, “Did The Plastic Pink Flamingo Generation Have Even Worse Taste Than Americans Living Today?”
And what generation does MCT think had the worst taste? Thousands of readers of all ages are visiting MCT. Is that not proof that all generations have equally bad taste?


text:
An Giang Province exports rise by 7 per cent
An Giang has reported exports of US$455.9 million in the first seven months of this year, a rise of nearly 7 per cent year-on-year.
Exports of rice, a key product for the Cửu Long (Mekong) Delta province, topped 257,000 tonnes and fetched $130.4 million, up 27.4 per cent and 40.1 per cent, respectively.
China remains the top importer of the province’s rice, followed by Malaysia and the Philippines.
Frozen seafood exports declined marginally to 67,000 tonnes though it topped in terms of value at $161.1 million after increasing by 21.4 per cent.
Asian countries continued to be the biggest buyers of the province’s frozen tra fish, accounting for more than 50 per cent of its exports. Average prices of the product were up by $510 to $2,430 per tonne.
Exports of vegetables and fruits were down by 5 per cent in terms of both volume and value to 4,871 tonnes and $8 million.
Garment products, mainly apparel and bags, fetched the province $62.6 million, an increase of 17.6 per cent.
The province has taken many measures to help local enterprises expand their overseas markets such as offering solutions to their problems and providing market information.
It has also brought together enterprises and banks to help the former get credit and organised trade shows to help companies showcase their products and look for new business partners and markets. — VNS


text:
A woman was struck and injured by a vehicle Saturday morning near the Stonestown Galleria shopping center.
Amazon hosted a grand opening for its new Amazon Books store at Santana Row Thursday.
A police officer was injured while trying to break up a melee Sunday evening at an upscale shopping mall in San Francisco.
San Francisco's Westfield San Francisco Centre shopping mall near Market and Fifth streets is closed this morning because of a suspicious package.
Police said that a missing, at-risk San Leandro woman was found Sunday night.
A major American department store chain said Friday it has dropped Ivanka Trump's clothing collection because of low sales.
Two people were wounded during a shooting near an Emeryville shopping center Saturday night, according to police.
Police arrested a man after he allegedly tried to rob a Union City pharmacy and take an assortment of prescription pain medication.
Repair work has not begun in a sinkhole in Moraga that interrupted gas service to 2,500 PG&E customers on Sunday.
Bay Area residents could have three IKEA stores to choose from if plans submitted for a new Dublin location are approved.
Police are seeking two female suspects who allegedly stole a large amount of merchandise from a Petaluma store Sunday.
A Fremont family got a surprise from police officers Thursday after their home had been burglarized the night before, leaving them with no Christmas gifts.
Firefighters quickly extinguished a small fire early this morning coming from inside the Westfield San Francisco Centre.
The California Public Utilities Commission Friday released roughly 65,000 email messages exchanged between PG&E Co. and agency officials between 2010 and 2014 as ordered because of a “judge shopping” scandal with PG&E, CPUC officials said.
Earlier this month, CPUC administrative…
San Francisco Mayor Ed Lee and building developers announced plans Monday to demolish Candlestick Park.
Mayor Ed Lee and Supervisor Malia Cohen welcomed Grocery Outlet to Visitacion Valley.
A Danville mom pleaded no contest to leaving her 11-week-old twins locked in her Escalade while she returned items and shopped for 40 minutes.


text:
The novel coronavirus has effectively turned the world on its head. Every individual and every business and institutions from each and every sector found had their respective daily lifestyles and operations disrupted. The direness snowballed as the months went by, with over 19 million people have been infected to-date. To stop this number from increasing even further, many governments have issued out containment measures to such as lockdowns and the cessation of physical operations of businesses to limit the movement of people.
Slowly but surely, what started as a health scare quickly turned into an economic threat. In fact, the International Monetary Fund (IMF) has quickly revised for global growth downwards – projecting the economy to contract by 3 percent as opposed to a 3.3 percent growth projected earlier.
That’s on a global scale, but what about in the Singapore context?
How Singapore Tackled COVID19 During Its First Arrival
One of the first measures the government implemented was to tighten the border controls to prevent any importation of cases. Secondly, the government had pushed forward a progressively stricter safe distancing measures, from maintaining safe distancing to the cessation of physical operations of the business. This was done to limit the community cases of COVID19.
These were measures that were excellent in safeguarding the health of the public, but its effect on the economy is undoubtedly one of concern. The global travel restrictions have caused a significant drop in tourism and the circuit breaker measures have effectively dampened domestic economic activity and led to deeper cutbacks in consumption.
The Economic Impact Of COVID19
To say that Singapore’s economy is affected by the global pandemic is an understatement. According to MIT’s Singapore News Economic Sentiments (SNES) the daily SNES has declined from 0.42 on 23rd January (the day the first COVID19 case was reported) to 0.27 by the end of the month. The sentiments saw a gradual increase as the government and citizens work their way through the earlier stage of the pandemic – that was till Saudi Arabia and Russia declared an oil price war and the World Health Organisation had declared the health scare as a global pandemic. And almost immediately, the sentiments plunged, reaching 0.15 by 17th March.
The Sectors That Were Heavily Impacted
Retail and Food & Beverages (F&B): The reduction in domestic consumption and travel has had a direct impact on front-facing sectors, particularly the Retail and F&B industries. Due to the health anxiety and Circuit Breaker measures, caused a significant drop in mobility. With more people preferring to spend their time at home, the Department of Statistics saw a rapid decline of F&B Sales Index and Retail Sales Index, registering declines of 23.6 percent and 14.1 respectively in March.
That said, this doesn’t apply to all areas. The sales at the grocery outlets and online sales have fared well during the pandemic. For instance, online retail sales had easily shot up by 40 percent year-on-year in February and March.
Moving forward, this upward trend for online sales and services is projected to continue, simply because there is a significant shift in consumer behaviour and consumption trend. Following this, businesses from all sectors are also shifting their operations online and adopting various digital solutions to ensure an excellent customer experience.
Outward-Oriented Sectors: Outward-oriented sectors are simply industries that depend on external demand and supply chains, such as wholesale trade and manufacturing. On top of the worsening business sentiments, the weakening of the demand and supply chains is further exacerbated by the internal instability of each nation, there has been a significant drop in new orders. Sentiment-sensitive industries, for instance, the finance and insurance sectors, have experienced greater vitality. The air and sea cargo has also seen a sharp decline due to the disruption in our weak global demand and supply chain.
Domestically-Oriented Sectors: Seeing as how the Singapore economy heavily relies on the external economy and trade, our domestically-oriented sectors such as real estate, are susceptible to the negative spillovers from the outward-oriented sectors. Furthermore, with the weakening sentiments and slowdown of domestic economic activity, the impact is mostly negative.
Domestically, Singapore’s economic performance will largely be dependent on our ability to resume economic activities safely and without a resurgence of COVID19 cases. Thus, businesses must practise safe management practices, with the ideal being to continue working remotely to the maximum extent possible.
Let us help you maintain your business operations with our virtual offices. You’d be able to save office rental costs by opting out of a physical location and you’d be able to allocate your resources to areas that you think that will need the most. You’d be able to take one step further to recovery.


text:
Many students have become increasingly upset with the inflation of food prices on campus and some even believe that they are being taken advantage of by Food services. “They know college kids are lazy and that they will not drive off campus to get food,” junior Rhett Dixon said. “They will charge whatever they want because they know how college students are. They will raise the prices for this reason.” Students are paying much more for yogurt, snack bars, candy, and other snack items on campus than they would at grocery stores such as Wal-Mart and Kroger. A 6 oz. container of Yoplait yogurt at the Union can be purchased for $1.19 while the same container can be purchased at Wal-Mart for 53 cents. Candy items such as M&M’s can be purchased at Kroger for 50 cents, while students are paying $1.50 at the C-store.
Ole Miss Dining Services Marketing Manager, Laine Poole says that they cannot be compared to places such as Wal-Mart because they are convenient stores. She also says that every year food services holds a survey to compare prices of their food items to their competition around town and compared to competition at gas stations including Shell and BP, prices are relatively the same and sometimes even lower. Food services claim their main goal is to benefit the students and not to put them at a disadvantage. Poole states that “We are here to satisfy students’ needs on campus, It is a convenience to save gas, not have to look for a parking spot and get what you need in between class.”
Dining Services provides special combo meals in the Union ranging around $7 and happy hour specials for $5 which allow students to save more money. Food services are also encouraging students to stay on campus through Facebook and Twitter by offering promotions to get the students attention and give them what they want. Another way food services are trying to save money is by encouraging recycling. They currently provide ecofriendly to-go boxes for students at the Johnson Commons. They are made of recycled plastic and the students can use them, returned them so they can be sterilized, and receive another one, all for a $5 deposit.


text:
Snapchat has been boasting one of the highest engagement scores among all social media services. Due to the application functionality, 65% of its users upload the pictures and in overall view 8 billion video pieces daily. The latest figures are that, according to the Business Insider which in turn got the information from the source close to the company, its 100 million users spend on average 25-30 minutes per day using the app.
The American unicorn startup is still searching for the ways to monetize and globalize its presence, hiring extensively. The main way to monetize its service so far has been the discover platform, which now totals 19 channels in the U.S. and the U.K. and four more elsewhere. Snapchat’s featured media partners see it as the best way to reach millennials, and with video view counts that rival Facebook, Snapchat is still publishing’s most intriguing distribution channel. The publishers even created special units inside their organizations responsible for Snapchat.
— Mitch Leonard (@imMitchLeonard) January 17, 2016
In the CEE region, Snapchat still hasn’t gained the popularity it is wielding in USA both among consumers and marketers. Snapchat doesn’t provide any official statistics on the geographical distribution of its users unfortunately. Among marketers and brands, the adoption is also low. There’s still a place in each of the countries for marketing agencies to be “first in the industry” creating Snapchat campaigns for different clients. The ones who took exceptional benefit out of its possibilities are influencers and bloggers, creating the whole new term of a “Snapchatter”.


text:
After a prolonged increase, edible oil prices dropped sharply at Khatunganj wholesale market in Chattogram, falling by around Tk600 per maund in the last three days.
Hundreds of small investors now fear they will lose capital due to the sudden drop in prices engineered by a syndicate.
They alleged that a syndicate was responsible for an unusual price hike in the past two months even though prices remained stable in the global market.
The same syndicate, they claimed, is now working behind the scenes to reduce prices since late last week.
Some 2,000 traders, including large and small investors, deal in edible oil at Khatunganj, and over Tk100 crore of edible oil is traded every day.
Soybean oil is selling for Tk3,300 per maund at Khatunganj, the country's largest wholesale market for consumer goods, down from Tk3,900 late last week.
City Group's palm oil is being sold at Tk3,290 per maund while TK Group and S Alam Group are selling it for Tk3,300 and Tk3,310 respectively.
Near the end of last week, super palm oil was selling in the wholesale market for Tk4,000 per maund. Now the price is Tk3,500.
City Group's super palm oil is being sold at Tk3,480 per maund, while TK Group and S Alam Group are selling it for Tk3,490 and Tk 3,500 respectively.
Similarly, soybean oil prices decreased by Tk400 per maund in the last three days. It is now being sold at Tk4,000, down from Tk4,400 near the end of last week.
At present, Khatunganj has a high supply of soybean oil of TK Group, City Group, S Alam Group, and Meghna Group.
Khatunganj traders said edible oil prices in the international market had been rising for over two months. At present, per tonne palm oil is being sold in the global market (Malaysia) at 3,700 Ringgit (Tk77,638). After adding 15% VAT and other expenses, the purchase price stands at Tk3,400 per maund.
But at present, palm oil is being sold in the domestic market at Tk3,300, less than the purchase price.
Edible oil trader Md Moniruzzaman, also a small investor, said the rise in prices in the international market and the manipulation of importers and traders had pushed up palm oil prices several times in the last two to three months, which reached Tk3,900 per maund last week.
But importers and traders started reducing the price again after selling the amount of products mentioned in the delivery order (DO), he said, adding, "Ordinary traders who buy slips against the DO are at risk of losses due to the sudden decrease in prices."
Traders said a handful of companies import edible oil, and several big trading companies at different wholesale markets in the country, including Khatunganj and Moulvibazar, buy refined edible oil from the importers through DO.
They said these trading companies sell slips to wholesalers and small investors on the basis of nominal advance payments against the DO, which plays a role in the abnormal rise and fall in prices, much like the capital market.
The prolonged increase in edible oil prices followed by the recent fall was manipulated this way, they claimed.
Soybean oil is being bought from the international market (America) at $40 (Tk3,393) per maund. After adding VAT and other expenses, the purchase price stands at Tk3,900 per maund.
Abdur Razzak, a small edible oil investor, said soybean price in the country remains within Tk3,000 per maund in normal times, but it went up to Tk4,300 this time due to the manipulation of importers and wholesalers, surpassing the record in the last decade.
But market players think importers and trading companies accumulating profits through DO and slip trading has led to the sudden drop in prices.
According to Chattogram customs, 18.21 lakh tonnes of refined and non-refined edible oil was imported through the Chattogram port last year, up from 15.16 lakh tonnes in 2019.
As there is no government data on demand, production, import, and net supply of consumer goods in the country, market players think the government's role in controlling the market is failing.
Chattogram customs figures show TK Group imported 6.87 lakh tonnes of edible oil last year, City Group 3.53 lakh tonnes, S Alam Group 3.41 lakh tonnes, and Meghna Group 2.83 lakh tonnes.


text:
Gamesys group is well-known in Britain for its extremely popular online bingo brand JackpotJoy. Now, the company is looking to take the internet bingo in Sweden market by storm.
JackpotJoy will be operating under strict Swedish gambling laws, building on the UK brand history and recognition. On top of online bingo games, JackpotJoy will be offering Swedish customers online slots and other extremely popular online casino games.
JackpotJoy is known among online gamblers as the site, which pays out over GBP 150m in winnings on a monthly basis. Company representatives claim that about 10 winners per second are rewarded on the online gambling site.
Sweden gambling news also describes JackpotJoy as an online gambling destination featuring large jackpots, with a record set last year at GBP 2 million on the popular Deal or No Deal online slot.
Just as the United Kingdom counterpart, the Swedish JackpotJoy will be offering games based on popular TV shows including Deal or No Deal, Money Drop and X-Factor.
JackpotJoy members enjoy regularly updated promotions and can communicate with each other thanks to dynamic chat rooms. The Swedish gambling site will be based on the same format and will feature Swedish hosts, which will answer any arising questions as well as entertain Swedish online gamers in the course of games with extensive opportunities to win considerable rewards and free mini-games.
JackpotJoy is collaborating with four well-recognized Swedish banks in order to ensure members’ funds transfers are carried out in a safe manner.


text:
Last year the ITC found that Microsoft’s Xbox 360 console violated some of Motorola’s patents, although now it would appear that the ITC has changed their mind, as ITC Judge David Shaw has now said that the Xbox 360 does not infringe on Motorola patents.
When the original cases started last year, Motorola were accusing Microsoft of infringing on a total of 5 patents, four were thrown out previously, and this last patent related to the the Xbox communicated with accessories, you can see a statement from Microsoft below.
The Sony Xperia features a“We are pleased with the Administrative Law Judge’s finding that Microsoft did not violate Motorola’s patent and are confident that this determination will be affirmed by the Commission,” David Howard, Microsoft’s corporate vice president and deputy general counsel, said in a statement.
It is not clear as yet on what Motorola plans to do next, you can see a statement from a Google Motorola spokesperson below.
“We are disappointed with today’s determination and look forward to the full Commission’s review,” Matt Kallman, a Google spokesman, said in a statement.
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.


text:
There’s too much optimism around Advanced Micro Devices Inc (AMD) stock now warranting cautious investment approach.
Shares of Dr. Lisa Su led AMD (NASDAQ:AMD) had an amazing run in 2016 delivering almost 3x returns but failed to live up to the expectations in 2017 ending with negative returns. However, AMD stock has got a major boost after the 2018 first-quarter earnings. The bullish narrative around the chipmaker had just recently sent the stock price to an 11 year high. A series of analyst upgrades have also helped the stock’s cause. AMD stock had shot up more than 70% since its first-quarter earnings and is still up more than 50% in the year to date period. With such rapid gains, there are always concerns about company’s valuation. In this post, we shall have a look at what’s working for AMD and what are the bets which need to come through for AMD to sustain the high valuation.
Source:AMD stock price chart by uniquefinance.org
Server market: The key to AMD’s future growth.
In the last earnings call, both CEO Dr. Lisa Su and CFO Devender Kumar highlighted that EPYC server processors ramping contributed significantly to the company’s impressive revenue growth. EPYC server chips have recently completed one year since their launch and a lot has changed in the server landscape. AMD has had several big wins in the server market with Cisco (NASDAQ:CSCO) becoming the latest player to adopt EPYC processors. Research agencies Gartner and IDC in their reports stated that global server market posted record revenues in Q1 2018 and suggested that hyperscale cloud providers are ramping up with enterprises upgrading their infrastructure. According to Gartner, “the server market is being driven by renewed interest in the hyperscale, data centers, and investment by everyone from enterprise players to SMBs seeking to update their infrastructure, abandon legacy systems and sign up to new technological solutions.“
The last few lines sound very good for the Sunnyvale, California based semiconductor company as its arch-rival Intel (NASDAQ:INTC) has almost 99% market share in the server market. With enterprises open to new solutions, we can expect many more new wins for AMD in the near future in the data center segment. Further, the customers in the server market are very conservative and demanding, they don’t adopt anything new because some new product is available. Gartner’s comments and the traction which the EPYC chips have witnessed since its launch clearly suggests there is increasing demand for change in this space and EPYC could give Chipzilla a run for its money. This is not new news. Recently Nomura Instinet analysts strongly stated that AMD may take significant server share from Intel in the second half of the year based on their interaction with Intel’s recently departed CEO Brian Krzanich. To quote from the report, “Mr. Krzanich did not draw a firm line in the sand as it relates to AMD’s potential gains in servers; he only indicated that it was Intel’s job to not let AMD capture 15-20% market share.”
AMD presently has about only ~1% market share in the server market. To put things into perspective, Intel’s Data Center Group (DCG) had a revenue of $5.2 billion in Q1-2018 while AMD’s entire enterprise, embedded, and semi-custom (EESC) segment in Q1 2018 made just $532 million, nearly one 10th of the latter. If AMD manages to achieve its target of the high single-digit market share by the end of 2018, that would significantly boost the company’s revenues. With the company launching next-gen EPYC chips in early 2019, things could get really interesting. The latest reports from wccftech suggest that AMD Zen 2 based 7nm Rome server processors have been designed to compete favorably even with Intel’s upcoming Ice Lake-SP Xeon CPUs. It appears that AMD is set to mount a strong challenge in the server market and reportedly Intel could lose $4 billion in server revenues to Intel.
A lot is riding for AMD on its shift to 7nm.
AMD’s shift to 7nm couldn’t have come at a better time. Intel is still struggling to ramp up its 10nm manufacturing processes. It could be very difficult for AMD to capture the kind of client and server market share which it intends to just having performance and price/performance advantage at 14 nm. Similarly, the Sunnyvale based semiconductor company cannot pose a great challenge to NVIDIA (NASDAQ:NVDA) as well when it comes to GPU compute with the 14nm chips. Hence, AMD has put its bet on its 7nm chips. For example, a Next Platform author, in his post highlights a key point: as per the roadmap shared last June, the company was planning to release a refined 14+ nm kicker to Vega and then subsequently shift to Navi at some point about halfway between 2017 and 2020. However, the Vega’s successor is coming in with 7 nm this year, followed by Navi at 7nm and a next-gen unnamed GPU to follow in 2020. All these suggest that AMD is very confident of its 7nm manufacturing and things are turning out better than expected. One could expect more performance and better power efficiency with the 7 nm processes, and if these products turn out to be competitive to Intel and NVIDIA’s upcoming launches, then AMD has a good chance to improve on its market share. Having said all these, Intel and NVIDIA will come out hard as well.
Improving numbers but still, concerns remain
AMD stock took off on strong earnings numbers with revenue jumping 40% YoY to $1.65 billion and also providing a strong outlook for Q2 at $1.725 billion, plus or minus $50 million, a 50% YoY increase. The Net Income also remained positive at $81 million. However, the company has failed to move the needle when it comes to free cash flow. In Q1 2018, the free cash flow came in at negative $132 million. One can understand that a company investing a lot in growth to have negative free cash flows but AMD has to generate tremendous cash flows in the coming quarters to compensate for the recent cash burn. The negative cash flows may hurt AMD hard and leave it in a precarious situation as it has an obligation to repay $156 million of its debt in FY 2018. Further, the company has some senior notes due in 2019. If the free cash flow situation doesn’t improve much in the coming days then it can take a toll on the company’s cash position. From the past statements of AMD, $600 million is supposed to be AMD’s bottom threshold of minimal cash. If the cash comes closer to this mark then, it could hurt the company’s operations.
Source: AMD Revenue Chart by uniquefinance.org
In addition to the balance sheet risk, Investors must also be cautious about the company’s valuation. AMD stock is trading at very high multiples. AMD’s trailing twelve months PE is around 83x. AMD’s earnings need to grow rapidly and a lot of this is riding on the gains in the server markets and the 7nm products. This growth will be driven by revenue but also needs to be backed up by improvement in margins. In Q1 2018, the operating margin reached 7.29%, near the highest levels in last 5 years.
With AMD stock already up more than 60% since last earnings, the upside could be limited from here. To sustain the high valuation the company’s latest bet’s should come true. The sentiment around AMD stock also has changed recently with a number of analyst upgrades. The latest short interest to be released this week will give us a better idea of the sentiment around AMD. Having said that, despite the strong operational and financial outlook, investors must be cautious while investing in AMD stock. Most of the good news is already baked into the stock price. The launch of new products only could be the next big catalyst for AMD stock.


text:
Checking local police reports provided this morning to Z-1570, Wood River Police reports an Alton man allegedly stole a pellet gun from the Walmart store and held police at bay following a brief pursuit early Tuesday. 20 year old Nicholas Middleton of the 200 block of Wonderland Drive is being held for retail theft and attempting to elude police. Police say Middleton fled the store with Airsoft guns around 3:40am Tuesday just as officers were responding to the report of a possible retail theft. Middleton reportedly held one of the guns to his head and officers kept their distance not knowing what type of weapon he possessed. The pursuit ended on Old Oak Road in Rosewood Heights when a wheel came off of his car and he was taken into custody.
Also held by Wood River Police this morning, 25 year old John McMillian of Bethalto for retail theft. 31 year old Dujuan Cole of Madison for retail theft and an outstanding warrant.
East Alton Police were holding 43 year old Susan Bailey of the 3000 block of Franor in Alton on a failure to appear warrant for theft.
Alton Police responded to a vehicle crash Tuesday morning just off the Homer Adams Parkway extension near the railroad overpass. The overturned vehicle was found upside down in a ditch and on fire when emergency crews arrived, but three female occupants had escaped without injury. The women were taken to local hospitals as a precaution, but their names have not been released.


text:
Mint Mobile might not have a big sports stadium in its name, but according to the budget mobile carrier’s new spot, that’s a good thing for customers.
The ad, voiced by Mint’s eccentric owner and actor Ryan Reynolds, notes that the price tag on those stadiums—of which all the major carriers have at least one—must trickle down to consumers. And why would any mobile subscriber want to be paying for a sign on a stadium?
“We wanted to address the gorilla in the room,” said Reynolds. “How can this thing be any good for $15?” Part of that answer, per the new spot, is that Mint doesn’t pay for things like “money suck” stadium sponsorships, retail stores or celebrity endorsements.
Several sports are coming back this month, but without any fans inside the stadiums and arenas (a cautionary measure to prevent the spread of Covid-19), the cost of sponsoring them is looking even more absurd. To point that out and also prove that it stands with subscribers, Mint is sponsoring 15 “home stadiums” instead.
To score one of those sponsorships, entrants have to email a photo of their space to Mint with an explanation of why they’d be a good partner for the carrier (extra points for creativity). The 15 chosen winners will each receive a year-long 3GB wireless service plan and all the ingredients for a bona fide at-home stadium: a big Mint Mobile sign, jersey, pint glass, slippers, rally towel, oven mitt, bottle koozie and hat.
The callouts have become something of a theme in Mint’s advertising since Reynolds purchased a majority share in the company last November. For the Super Bowl, Mint released a pointed statement on the cost of Big Game advertising. Instead of an ad, Mint opted to give away three months of free service to anyone who signed up during the Super Bowl.
In March, Reynolds left voicemails for all Mint subscribers to announce that the company was giving everyone unlimited data as a way to support them during the pandemic. In May, Mint dropped an ad in the form of an incoherent, yet hilarious PowerPoint presentation.
Despite a pretty consistent stream of his trademark brand messaging, Reynolds said he’s not trying to rush Mint’s growth. After he bought Aviation Gin in 2018, it “evolved into a ‘hot’ brand over a one- to two-year period,” he said. “We’d like to see the same strong momentum with Mint in a similar timeframe. There’s so much more frustration in the wireless industry. It will be fun.”
As far as a collaboration between the two brands, Reynolds didn’t rule out the possibility. “Both companies already have a ‘Don’t Aviation and Mint’ policy to guard against drunk texting/calling, and there is certainly a world where we bring that message to a larger audience,” he said.
The new spot was created by Reynolds’ production company Maximum Effort.


text:
The United Nations Conference on Trade and Development (UNCTAD) published some interesting statistics pertaining to the fair trade global movement.
The fair trade movement comprises over 2.5 million producers and workers from 70 countries, over 500 specialized importers, 4,000 world shops and more than 100,000 volunteers – figures that are growing, according to Mr. Corbalán.
Global sales of fair trade certified goods climbed 15% in 2018 to reach €9.8 billion ($10.9 billion), according to Fairtrade International’s annual report 2018-2019. The profits put an additional €177 million ($196 million) in the pockets of 1.7 million farmers and workers.
Mr. Corbalán cited work done with governments to ensure equitable distribution of benefits in value chains in countries such as Kenya, where efforts to promote living wages for flower workers are bearing fruit.
The fair trade movement has also helped improve incomes of cocoa farmers in Cote d’Ivoire and Ghana, the working conditions of Haitian migrant workers in banana plantations in the Dominican Republic and tackled child labour in the sugar sector in Belize.


text:
Bango provides the technology that powers commerce for businesses targeting the growing market of internet enabled mobile phone users.
|Address:||5 Westbrook Centre, Cambridge|
|Membership type:||Corporate 21-50 (£500+VAT pa)|
Bango’s products collect payment from mobile users for online content and services, and provide accurate analytics for mobile marketing campaigns and sites.
The world's leading app stores and brands plus thousands of smaller content providers and developers use Bango products to run their mobile businesses.
Bango platform opens up carrier billing in Google Play for Entel Chile.
14 June 2018Read in full
Bango (AIM: BGO), the mobile commerce company, today announces its Final Results for the year ended 31 December 2017.
13 March 2018Read in full
Bango has partnered with MTN Ghana to launch operator payments in Google Play - the first use of MTN Mobile Money wallet to fund app store purchases.
18 January 2018Read in full
Bango has expanded the use of its platform to provide resale and bundling technology to Amazon, enabling customers to sign-up to Amazon Prime in India through resellers that offer product bundles.
16 January 2018Read in full
Bango has expanded the availability of Direct Carrier Billing for Windows Store and Xbox One to over 200 million subscribers across Europe and the USA.
28 November 2017Read in full
Bango, the mobile payments company, announces that it has launched operator-billed payments for Google Play users with 9mobile in Nigeria. Through the 9mobile 9pay wallet, customers in Nigeria can pay for the wealth of media, games, apps and digital content in Google Play, with one-click, without the need to own a credit card or bank account.
15 November 2017Read in full
Bango, the mobile payments company, announces that following the successful launch of Direct Carrier Billing (DCB) for Amazon retail customers in Japan (June 2017), it has expanded DCB availability to Japanese customers of Amazon Prime and Prime Student membership programmes.
14 November 2017Read in full
Bango has expanded its operations in Africa through a partnership with Victory Link in Egypt. As a result of the relationship, Bango app store and merchant partners can launch carrier billing across all three Egyptian mobile operators.
13 November 2017Read in full


text:
Search Result For
Result(s) found: 18
Saurer & its philosophy of innovation, sustainability
Saurer Group presented its full range of new technologies in fibre processing from raw material to a multitude of yarns during the Shanghaitex 2017. The product range further included different finishing processes. For Saurer it was yet another opportunity to present the group as the partner of choice along the textile value chain with its full product range.
7th IATF visitors attendance up 44%
The November 2017 edition of International Apparel and Textile Fair (IATF) proved to be grand success, making apparel and textile manufacturers from around the globe look forward to the highly anticipated 8th edition due to take place from April 24 to 26, 2018. The three-day event that took place from November 1 to 3, 2017 was inaugurated by HE Butti Al Ghandi, Board of Director of the Dubai World Trade Centre on November 1 at 11:30 am at Hall 6, Dubai World Trade Centre.
Colorant participates at Tehran fair
Colorant Ltd one of the leading reactive dyes manufacturer and exporter based in Ahmedabad has participated in the International Exhibition of Textile Machinery, Raw Material, Home Textile Embroidery Machines and Textile Products from 4th to 7th September 2017 at Tehran International Permanent Fairground, Tehran, Iran.
Textile Asia to highlight benefits of CPEC
Organised by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), the 18th Textile Asia International Exhibition will highlight the advantages of China Pakistan Economic Corridor (CPEC) for textile industry of both the countries.
Saurer Embroidery is the world market leader in embroidery production systems. Here a wealth of experience extending back over many generations is coupled with up-to-date knowledge for the textile future. Fashion is moving at an ever increasing pace, to match the customer’s requirements and exceed their expectations is the key philosophy of Saurer Embroidery. At ITME in India Saurer Embroidery will show the latest innovations for a flexible and efficient embroidery production.
Garfab-TX to be held from May 15-17
Organised by Vardaan Events Pvt Ltd, Garfab-TX will be in its 12th edition, which will be held between 15-17 May 2015 at SIECC, Surat, Gujarat. Garfab-TX is an important trade show on embroidery, apparel technology, fibre, yarn, fabrics & accessories.
ITF puts Dubai on world textile map
The inaugural International Textile Fair (ITF), which closed at the Dubai World Trade Centre on November 4, triggered a robust response from local and international exhibitors, 90 per cent of whom have shown interest in taking part in the second edition that will be held on April 26 and 27, 2015, on a much bigger scale, organizers of the show said.
GTTES-2015: A focused event with a difference
Global Textile Technology & Engineering Show (GTTES), the maiden show, which the organisers, India-ITME Society says is a business event with a difference, is slated to to be held from January 20-22, 2015 at the Bombay Exhibition Centre (BEC), Goregaon Mumbai.


text:
CSMIA sees additional volume of 2,500 tonnes during Diwali
e-commerce sector reported an increase of 87% year-on-year; gifts & samples category recorded 36% increase YoY
Chhatrapati Shivaji Maharaj International Airport (CSMIA) reported an additional volume of 2,500 tonnes of goods processed during Diwali 2023.
Amongst all the different categories of cargo items shipped from CSMIA, the e-commerce sector reported an increase of 87 percent year-on-year, says an official release. "A substantial 64 percent movement in outbound domestic cargo and a 36 percent movement in inbound domestic cargo has been noted, reflecting the robust e-commerce sector. This surge not only reflects a notable shift in consumer behaviour but also underscores a rapidly growing trend. Consumers are actively indulging in the increasing popularity of online shopping, especially during festive occasions. With increased time, efficiency and convenience for festival shopping and gifting, this trend has directly contributed to the significant rise in cargo specifically within the e-commerce category at CSMIA."
The gifts & samples category recorded a 36 percent increase year-on-year along with a significant rise in demand for perishable items such as flowers and sweets, the release added.
"In terms of international and domestic cargo volumes, the overall surge distribution leaned slightly towards domestic shipments, accounting for 56 percent while international cargo accounted for the remaining 44 percent. London emerged as the top international destination to receive maximum cargo shipments originating from CSMIA."
In the domestic sector, Delhi emerged as the top destination followed by Hyderabad and Bengaluru. Delhi, Bengaluru and Ahmedabad have been consistently witnessing a substantial year-on-year surge in cargo shipments during the Diwali season from CSMIA, the release added.
IndiGo and Quickjet Airlines managed the increased cargo flow at CSMIA. British Airways and Air India played crucial roles in handling the surge in international cargo shipments from the airport, the release said.