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The Top Tech News Of The Day
Apple and Google’s own apps are given preferential treatment in Japan’s app stores. He said that in outsourcing happens if the customer is in a better position to handle it more efficiently. Artificial intelligence will have a huge impact on the productivity side of the business.
The cloud skills gap is vital for success in a world where we rely heavily on our phones, the data they need and their underlying cloud infrastructure. Women in the African tech space have been subjected to sexual advances at work. The assumption that female founders need male co founders is not only sexist but also ignores the wealth of talent, knowledge and skills that women bring to the table.
There Are Top Stories
If companies are forced to sell some of their business, years of artificial intelligence and machine learning could be lost. Big tech shakeups continue as the EU orders the removal of parts of its advertising business. Healthtech firm Biofidelity is one of the companies that has beenShortlisted.
The publisher and advertiser sector is very competitive and we are committed to creating value for them. The commission has been investigating the advertising business for a long time. Over the last decade, we have seen our competition go from strength to strength as our tech ecosystems across the UK continue to grow. We had a record number of applications this year, so our businesses have already beaten Born Beast off stiff competition to get to the pitching stage in front of the judges. Japan’s initiative is in line with the global push to promote fair competition and provide more options for developers and consumers. As governments worldwide scrutinize app store practices, it remains to be seen how Apple and Google will respond to these calls for change in the interest of fostering a more open and competitive app market.
The Hindu quoted a man as saying that he hoped the scheme would last for five years. The study shows that customers are more interested in the ADAS tech, which brings in multiple safety features like blind spot detection, a backup camera, forward collision warning and automatic emergency braking with pedestrian and cycling detection. According to the study conducted by S&P Global Mobility, the safety features were rated as the most desirable by at least 80% of the respondents.
At an affordable price, Realme C55 comes with some interesting features. It has a 64MP primary camera coupled with a 2MP secondary camera, which clicks impressive images in daylight. It has a 6.72 inch FHD+ display, 5000mAh battery, and is based on the MediaTek Helio G88 Chipset. The Japanese government is attempting to challenge the monopoly held by Apple and Google over their respective app stores. The seventh Digital Market Competition Conference resulted in a Final Report on the Competitive Evaluation of Mobile Ecosystems, as reported by The Register. Apple applied to the Swiss Institute of Intellectual Property for rights to depict the Granny Smith apple.
You Can Give This Prime Story As A Free Gift
To successfully transition to cloud native, an entire cultural shift must be adopted. During the transition, providers must be prepared to ask a variety of questions to identify the best solution for their needs, whether that is a public, private, or hybrid option. Organizations that aren’t willing to invest in organizational change for processes, skillsets and culture won’t see the results they seek from cloud native. Before beginning the transition, organizations need to be clear about the business premise for making the change, as well as answering questions about how to handle automation, upgrades, observability and which cloud model to invest in. The transition may be difficult if there is not enough buy in from leadership. HR professionals are in high demand for their skills in managing terminated employees to reduce the impact on employees.
The production systems were not compromised and no user passwords, accounts or credit card information were impacted. One of China’s most prominent technology firms is based in Hangzhou, and has operations in cloud computing, e commerce, logistics, media and entertainment, and artificial intelligence. The report encourages third party app stores to charge lower fees than Apple’s standard 30% in order to reduce the prices Japanese consumers pay for apps. At a time when tech giants are focused on offline expansion in India, the second iteration of the OnePlus Roadtrip has been announced. The Mercedes bus is a new experience store that will cover several regions across the country. More than 25 cities in India will be covered by vehicles carrying a range of products, including the flagship OnePlus 11 lineup and the new OnePlus Pad.
Financial Express has the latest India news and business news.
SEJ provides timely, relevant information for marketers and entrepreneurs who want to grow their businesses and careers. What3words, SafetoNet, FIDOTech, and HiiROC were discovered by the nationwide competition and went on to win the global final during Web Summit. Following a record number of applications, 10 successful tech businesses from eight regions across the UK have been selected to take part in a pitching competition in June. Enhanced intelligent services on select models will be disabled by a new software update from Realme. The Realme 11 Pro and the Realme 11 Pro+ have started receiving a software patch that automatically disabled the service without requiring any user intervention. One of the major issues consumers faced was that they weren’t receiving the one-time password.
To discover some hidden gems and showcase the best of innovation coming out of our tech ecosystems across the UK, we are very excited to meet the teams behind ourShortlisted businesses and hear their stories. The Energy Department said that there was a good response to the scheme on the first day. The registration began at all three centers in the State. The registration process was made hassle free by the officials of all Escoms, despite it being Sunday. The registration process was scheduled to begin at 11 am at Bangalore One, Karnataka One and Grama One center and 3 pm at Gram Panchayat and electricity offices, according to the report.


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(ETX Daily Up) – In the prolonged absence of concerts and festivals, music lovers have had to find other platforms to get their fill of music. Peloton is one of them. The sports app has quickly established itself as a true music streaming service thanks to collaborations with artists such as Usher and Dillon Francis. Decryption.
Before the pandemic, Peloton was best known for its connected exercise bikes and treadmills. The American company is now equally popular for its sports programs to the beat of Lady Gaga and Queen songs. He recently announced a collaboration with the British rock band to include hits like “Bohemian Rhapsody” and “Don’t Stop Me Now” in his fitness sessions. “Each Peloton x Queen playlist will exemplify the band’s sound in a way that will be unique to the courses [de sport] and the instructors, who are huge Queen fans themselves, ”Peloton said in a statement.
The connected fitness champion has entered into a similar partnership with award-winning rapper Usher, whose tracks are used to host some virtual dance classes. But that’s not all: the performer of “Yeah!” teamed up with sports coaches Ally Love and Emma Lovewell to teach amateur dancers the choreography of his song, “DJ Got Us Fallin ‘in Love”.
Training with Beyoncé and Dillon Francis
According to Gwen Bethel Riley, head of music at Peloton, this experience allows the company to give a new dimension to its sports sessions. “Usher is one of the most respected entertainers and dancers [l’industrie musicale]“The collaboration with Usher really elevated our Peloton Dance Cardio experience. It allowed us to produce a program designed to celebrate the moves you love in her famous music videos and his performances, set on the rousing soundtrack of his hits. “
Most importantly, this marketing strategy allows the New York start-up to limit the decline in sales of its subscriptions, after the boom at the beginning of the pandemic. While Peloton has long been acclaimed by celebrities such as Michelle Obama, Hugh Jackman and Usain Bolt, the health crisis has allowed him to win over a wider audience. The John Foley-led company now claims 5.9 million members, with subscription revenue reaching $ 281.6 million in the fourth quarter of its fiscal year. However, the reopening of the gyms has clouded the future prospects of the start-up. The average number of monthly sessions per connected device went from 26 in the third quarter to 19.9 in the fourth.
To stem the phenomenon, Peloton focuses on the repositioning of the prices of its equipment and on the enhancement of sports content. Music and collaborations with leading artists can help them on this last point. Beyoncé has been collaborating with the brand since late 2020 as part of a multi-year partnership, which allows her to use her image and her music for her fitness sessions. More recently, the bike maker has surrounded himself with DJs Dillon Francis, Big Boi, Chromeo and John Michael Di Spirito to remaster Elvis Presley and Debbie Gibson’s hits for her fitness classes.
Part of Peloton’s DNA
While these initiatives may surprise you, they demonstrate the extent to which music is an integral part of Peloton’s DNA. So much so that the start-up organized its own virtual music festival, “All For One”, in July. For three days, its subscribers were able to practice to the rhythm of the songs of 25 artists such as Tina Turner, Demi Lovato and Pearl Jam. “We are constantly in contact with the music industry – they offer us [des choses]and we introduce them [des choses]Gwen Bethel Riley, vice president of music partnerships, told Variety.
But the start-up hasn’t always had peaceful relations with the music industry. The National Music Publishers association sued him in March 2019 for copyright infringement of a thousand songs used in his virtual sports lessons. The two sides reached an agreement less than a year later. Since then, Peloton has made amends by becoming one of the top payers in music streaming. The company pays artists better than industry giants like Spotify, Apple Music and YouTube, according to The Trichordist. Enough to encourage music to indulge in sports.

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Product changes lift Kathmandu to 14pc profit surge
Adventure gear retailer Kathmandu’s annual profit has risen 13.5 per cent, thanks to strong sales, innovative products and cost cuts.
Kathmandu’s net profit for the year to July 31 has come in at $NZ38.04 million ($34.8 million), while revenue has lifted 4.6 per cent to $NZ445.35 million.
Crucial same-store sales growth, which strips out new and closed stores, rose 6.9 per cent in Australia and 3.6 per cent in New Zealand.
Overall same-store sales lifted 5.5 per cent, in constant currency terms, well ahead of the previous year’s 1.6 per cent growth rate.
Chief executive Xavier Simonet said innovative products and inspiring digital content had contributed to the strong sales figures.
“In addition to top-line growth, continued cost control and working capital efficiency delivered very solid profit growth,” he said in a statement to the ASX on Tuesday.
“Our financial position continued to strengthen during the 2017 financial year, and we ended the year with lower inventory and record low net debt.”
He said the company had achieved two straight years of strong profit growth and four successive quarters of lifts in same-store sales.
In the year ahead, he said, Kathmandu would continue to focus on growing its gross margin and improving operating efficiency.
The group is also conducting wholesale trials of its products in Europe, and wants to develop new international channels for the Kathmandu brand.
KATHMANDU UNVEILS STRONG PROFIT GROWTH:
* Net profit up 13.5pc to $NZ38.04m ($34.8 million)
* Revenue up 4.6pc to $NZ445.35m
* Fully-franked final dividend of NZ9¢ a share, up 1¢
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WASHINGTON, November 12, 2015 – Stocks got slammed across the boards Thursday morning in a nasty follow-through to Wednesday’s negative but holiday-influenced low volume downer of a trading day. As we write this, close to 11 a.m. EST, the Dow is off nearly 1 percent at a negative 147.82; the broader based S&P 500 is off 13.15, over ½ of 1 percent; and the NASDAQ has been hit for a roughly .35 percent loss, down roughly 19 points.
Crude Thursday prices for crude
The reasons for all the negativity, which is at least for now derailing our unusually early but still-embryonic Santa Claus Rally, are broad and deep. Chief among them is the once-again rapidly declining price of crude oil, with West Texas Intermediate (WTI) down 64 cents at $42.99 bbl., and Brent crude—the international standard—off 58 cents at $45.23 bbl.
This renewed selling of crude oil, due to the continuing build of oil stocks which is due in major part to the aggressive Saudi move to shore up its market share no matter how many fellow OPEC countries it drives into insolvency.
The oil-glut/price drop is causing renewed deflation panic, which, oddly enough, might make those panicking at possible rate increases from the U.S. Fed breathe a bit easier in coming days.
Federal Reserve policy merry-go-round
We might (or might not) get more clarity on this starting today as various Fed members begin another round of their usually contradictory speechifying. We’d probably be better off if they all shut up, but that’s probably too much to ask as they, like everyone else associated with the Federal government are clearly smarter than the rest of us, as our wonderfully robust economy proves every day.
Macy’s, brick-and-mortar retail: End of life sale?
The other big news item that’s really spooked the market is a generalized fear that U.S. retailers are about to experience their worst holiday sales quarter ever. (Or so we’re told.) A lot of this is the result of continuing terrible sales numbers and a worse holiday sales projection coming out of bellwether department store/retailer Macy’s (symbol: M) heretofore invulnerable CEO Terry Lundgren.
Macy’s is stuck with fire-sale amounts of winter inventory, all of which America’s Green Meanies, the environmentalist whackos, will instantly blame on global warming climate change, pretty much the way they blame all the world’s ills on that same unproven phenomenon.
To be sure, at least here on the east coast, autumn weather thus far hasn’t exactly inspired families to go out and purchase mass quantities of boots, coats and mittens. But neither have Macy’s prices.
For some reason, Lundgren seems to have been following a Jayvee version of the “everyday low prices” playbook that nearly destroyed JC Penneys (JCP) a few years back. For better or worse, after decade upon decade of phony sales prices, fake markdowns and acres of newsprint devoted to coupons good for more fake sales, generations of American consumers have learned, quite simply, to never buy anything at a retail store until and unless it’s marked down in a fake sale.
As JCP learned all too well, about the only store that’s ever made “everyday low pricing” really work is Trader Joe’s, and they’re in an entirely different area of retail. Otherwise, the general public figures that “everyday low prices” are simply full retail prices in disguise. They want and expect the damned coupons and the weekly “doorbuster” specials they’ve been taught to wait for for decades. You can’t fool them, Terry.
More problematic for Macy’s, however, as well as traditional brick-and-mortar retailers is the increasingly dramatic erosion of sales caused by online shopping which by now has gone entirely mainstream.
The Maven himself has been going more and more with Amazon.com (AMZN) despite his inherent trust of coastal high-tech libs like Jeff Bezos, et. al. Why? Because Bezos and company “stock” unimaginably massive inventory, price it very aggressively, ship stuff quickly, and stand behind their business. Just like most retailers used to do, only a lot better.
As the Wall Street Journal noted in an article Thursday morning, Terry Lundgren seems to have noted the irony, observing
“…that while consumer spending seems healthy, many shoppers are buying goods and services that department stores don’t carry, such as cars, electronic gadgets and home improvement items.”
The brick-and-mortar guys have almost uniformly failed to respond to this aggressive and unexpected sea change in retail. From Sears and K-Mart (both traded under SHLD) to Walmart (WMT) to (until recently) Best Buy (BBY) and beyond, brick-and-mortar just isn’t delivering anymore compared to Amazon, Zappos, and even more traditional catalogue retailers like Lands’ End (LE, once wholly-owned by SHLD which didn’t know what to do with it and spun it back off) and outdoor outfitter L.L. Bean (privately held).
Add this increasing competitive disadvantage to a tapped out and frustrated consumer environment, where still-extraordinary levels of U.S. joblessness are concealed by phony, administration-helping unemployment numbers, and you have a perfect retail storm.
Which is why retail, too, is tanking big time, at least for now. Macy’s itself has been in a prolonged swoon for at least the bulk of 2015. That’s been strongly reflected in the price of Macy’s shares, as the Wall Street Journal noted:
“By Wednesday afternoon, shares of Macy’s fell 14% on the news, to $40.44; the stock has dropped nearly 40% this year.”
So, with the world being drowned in “peak oil” courtesy of the ham-fisted Saudi princes, the U.S. shale drillers and the evil Iranian oil combine slowly coming back on line; the 2015 implosion of traditional retail as recently exemplified by the action in M; and the continuing selloff in healthcare and biotech stocks kicked off a few weeks ago by Hillary Clinton’s ill-timed and ignorant criticisms of that sector, the sellers are firmly back in the Wall Street driver’s seat at least for today.
Who knows what tomorrow or Monday may bring. However, as always, this recent orgy of selling will beget an extreme short-term oversold situation which could lead to another fake but intense slingshot rally in the stocks that have been hammered the hardest recently. We’ll just wait and see.


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One Person’s Trash is Another Person’s Treasure
The rise in reselling and thrift shopping with hopes of reducing environmental effects of the fashion industry.
Natalie Fox started shopping for second-hand clothing when she was just 15. The first item she ever purchased was a blue knit sweater for $5 from Goodwill, determined to reduce her environmental footprint by cutting down on purchasing mass-produced, low-cost fashion.
“I definitely feel good that I’m not contributing to fast fashion as much as I used to in previous years,” said Fox, who at 22 has a thriving thrift-selling business on Depop (@JupiterHotel), a social resale platform that is typically used to sell and buy preloved clothing. “My ecological footprint has decreased as I’m not buying from large corporations.”
Fox is among a growing number of young people who favor second-hand or gently used clothing over new threads. A recent article in Triple Pundit found that millennials and Gen Z are buying second-hand clothes 250 percent faster than other generations. The RealReal, an online luxury resale platform, also says in their 2019 Annual Report that more than 80 percent of their customers listed sustainability as an “important reason” for buying their used clothing.
“I was shocked when I realized how much my daily habits contributed to destroying the Earth we live on,” said Max Frincke, a seller on Poshmark, a social marketplace for second-hand fashion. “And at the same time, I realized how small changes in my habits can drastically change the world if we collectively make an effort. That’s pretty much why I decided to start selling the clothes and other items that I no longer needed or used.”
Frincke decided to sell his used clothing after taking an environmental science course at UC Berkeley where he learned that it would take at least 4 planets on average to sustain most Americans’ daily routines.
Frank, who asked his last name not be used, is a 59-year-old resident of Marin County, Calif., who has been buying and selling used clothing on eBay for more than two decades. He is doing it to reduce his economic footprint — and to help people who don’t have a lot of money.
“When you resell an item, people can buy something cheaper than if they bought it brand new making it more accessible to those who otherwise couldn’t afford it,” says Frank. “It kind of recycles the item rather than, you know, leaving it in your drawer or throwing it into the garbage. So it often allows an item to go through several people that generates a more useful life for it.”
Just like Frank, Fox sees nothing but the good in the thrifting lifestyle.
“There are copious amounts of clothes out there, and if they don’t get purchased, they get thrown away,” says Fox. “There’s always going to be clothes being made. And I don’t think we’ll ever be in a shortage of clothes. Which is why I think that reselling is good.”


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After the official release of Android 10 – the latest version of Android – earlier this month, Google has announced a lightweight version of it. Android 10 (Go edition), is solely meant for entry-level devices which are cheap and pack few resources which turns out as a performance compromise if they use the full version of Android. Thus, OEMs find it more appropriate for their cheap devices to use the lightweight version of Android instead.
So, there is no substantial difference between Android 10 and the Go Edition. Features are pretty much similar. But the latter has been optimized to run effectively on devices packing fewer resources.
So, expect system-wide dark mode, controversial gestures, and many other features in just like in the regular Android10. What’s solely new in Android 10 Go Edition is Adiantum encryption technology a new encryption technology engineered for entry-level devices.
Adiantum encryption is made to keep entry-level devices more secure – just like the flagship devices – both, without specialized hardware and without compromising performance.
Plus, Google has also said the speed and reliability have been improved, achieving up to 10% faster app launch speed as compared to Android 9 (Go edition).
Since Android 10 has just been released earlier this month, fewer devices have been covered till date. However, next year we expect more devices to ship with Android 10 out of the box. Entry-level devices running Android 10 Go Edition are expected to launch in 2020.
Follow us on Telegram, Twitter, Facebook, Instagram, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates on your favorite gadgets.


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Random couple chat rules to dating my sister
“Anyone above 75,000 is probably not going to notice you if you like their stuff,” Mr. “If they like your stuff, that’s a different ball game because it means they went out of their way.
Then it’s, ‘Ding, ding, ding.’”And though Instagram can offer more depth than an abbreviated Tinder or Bumble or Grindr profile, do not forget that it is still a curated highlight reel.
When contacted by the family, Amazon said it takes privacy "very seriously," but downplayed the incident as an "extremely rare occurrence."In a statement to CNBC, Amazon blamed Alexa misinterpreting background conversation as a set of commands to send a message to a contact: Echo woke up due to a word in background conversation sounding like "Alexa." Then, the subsequent conversation was heard as a "send message" request. " At which point, the background conversation was interpreted as a name in the customers contact list. " Alexa then interpreted background conversation as "right".
In cases like that, block the user and report them to Instagram.Fisher agreed: “Once they’re in your DMs and they’re commenting on things, that’s when they’re trying to make a move.” As in real life, reciprocation is important.“You, of course, have to wait a little bit to see if they like your photos back,” Mr. “It’s the same as if you’re looking at someone at the club and they’re not looking back.”Another factor to keep in mind in the era of Insta-fame is how many followers your romantic interest has.“I’ve had guys straight up refuse to believe that I’m me,” said Kris Kidd, 24, a writer and model in Los Angeles with more than 24,000 followers on Instagram.When men meet him IRL, they are surprised to find that his real-life personality is not as exaggerated as his Instagram persona.
The report said the family was alerted by a colleague in Seattle who had received the audio file.


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OTTAWA—Canada is looking beyond the U.S. to woo European companies to join forces to build supply chains for a greener auto industry as a new protectionist push south of the border threatens the Canadian auto sector.
In the week before Prime Minister Justin Trudeau went to Washington in a fraught effort to argue the U.S. should aim to build North American-wide supply chains, and not just promote American industry, Industry Minister François-Philippe Champagne went on his own whirlwind world tour.
Champagne travelled to the U.S., Mexico, Germany, Belgium and France, where he met with major automotive and industrial manufacturers as well as government counterparts to market Canada as a pivotal player in the future of electric battery manufacturing — and key to meeting their climate action commitments.
Champagne met with business leaders in the chemical, battery and electric vehicle sectors at Evonik Industries, Bosch, Mercedes, Eberspächer, Stihl, Porsche, Siemens, Max Aicher North America, Puritos, Roquette, Total, Stellantis, Alstom and Thales, as well as with European lawmakers.
“I think we have a once-in-a-lifetime generational opportunity to go towards electrification,” Champagne said in an interview, saying he’s out to build a new electric vehicle “ecosystem” over the next 30 to 50 years.
Canada has been trying to position itself in that market for a number of years, but the effort has gained new momentum since countries signed on to tougher climate action plans that include strict zero-emissions vehicle sales mandates by 2030 or 2035.
And as U.S. President Joe Biden tries to elbow the competition aside and give a boost to unionized American manufacturers, Canada and Mexico are pushing back.
Proposed rebates that rise to $12,500 for U.S. consumers who buy EVs that are built in American plants by unionized labour breach the continental free trade pact, Canada and Mexico say, and ultimately could hurt workers in all three countries.
Ahead of Thursday’s meeting with Trudeau, Biden called the Canada-U.S. relationship the “easiest” one he has to juggle.
But Biden offered no hint that he or Democrats in Congress would back off the EV rebates or any other aspect of his “Buy American” agenda, which would also restrict non-American bidders from getting in on $1.2 trillion (U.S.) in “build back better” infrastructure investments.
And whether it was intentional or not, the message from the U.S. president couldn’t have been clearer: on the day Trudeau travelled to Washington to make the case for Canada on Capitol Hill, Biden travelled to Detroit to open a new General Motors electrical vehicle plant.
“We’re going to make sure that the jobs of the future end up here in Michigan, not halfway around the world,” Biden pledged after zooming around in a new Hummer EV.
“Here in Detroit, we’re going to set a new pace for electric vehicles,” he said. “This is not hyperbole. It’s a fact.”
But if the goal is to build an efficient, resilient industry, Champagne says Canada offers distinct advantages to the U.S. and Europe: lots of renewable energy, stable electricity supplies, critical minerals that are key to producing batteries and semiconductors, like-minded labour and environmental standards, and an already integrated auto manufacturing industry that is making the transition to EVs.
Canada and the U.S. face certain realities even if they try to go it alone, he said, noting that most of the chemical industry that makes cathodes necessary in the battery manufacturing process is based in Europe.
So Champagne’s pitch points out that the big mining companies are already based in Canada, and that Canada has the only North American plant for refining cobalt, which is used to make batteries.
In Washington, his message was simple. “If you want to meet the climate objective of Glasgow, what we need to do is to innovate more together, build more together and sell more together to the rest of the world,” he said. “So it’s in both parties’ best interest to work together, because we have made both commitments that we want to achieve.”
Champagne’s trip to Europe was to sell the package.
“Sometimes I feel like I’m a matchmaker,” he said. “I’m talking to the mining company. I’m talking to the chemical company, which will do the cathodes, I’m talking to the battery assembly manufacturers, and I’m talking also to the (car manufacturers) … because all of them have skin in the game in order to build the ecosystem.”
Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, says Champagne is “hot on the trail of several battery investments” and is pitching Canada hard.
But Volpe said Canada’s ambitions could be thwarted by the immediate threat of the proposed tax rebates to favour American cars that he says would certainly lure auto manufacturers south.
The Star, he noted, has reported on the uncertain future of the 3,163-employee Chrysler plant in Brampton.
“It’s a critical issue,” Volpe said.
Canada and Mexico may hope to persuade the U.S. to expand the proposed tax rebates to include North American-made EVs, but if Biden or Congress won’t budge, Volpe says Canada must launch a formal challenge.
Champagne, however, is an optimist who believes the Americans will realize the upside in pursuing a North American strategy.
And he would not call his hustling of European manufacturers an attempt to put Canada’s EV eggs in other baskets. Rather, he says, “we want to deal among trusted partners.”
He dares to predict the effort will soon produce results, both short and long term.
“I’m bullish that some of this (investment) will decide to come to Canada,” he said, “But you have to be in their face, always, as Canada.”


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Lawmakers launch fact-finding mission in bid to protect consumers
Lawmakers, in a bid to enhance consumer protection, are asking government agencies as well as major crypto exchanges for more information about what they're doing about cryptocurrency-related fraud.
Why it matters: The House Oversight Subcommittee on Economic and Consumer Policy has used its heft in Washington to press companies for information on everything from metals toxicity in infant formula to advertising practices for e-cigarettes. The latest ask — all documents pertaining to crypto fraud dated January 1, 2009 (or the earliest date per the firms' respective founding dates), are due by Sept. 12.
What's happening: "Given the growing popularity of cryptocurrencies both as a form of payment and as an investment, I am concerned by the rapid growth of fraud and consumer abuse," Rep. Raja Krishnamoorthi (D-Ill.), the chair of the subcommittee, said in letters addressing government agencies as well as major exchanges.
- The letters were sent Tuesday to Treasury Secretary Janet Yellen, U.S. Securities and Exchange Commission chair Gary Gensler, the Federal Trade Commission's Lina Khan, the Commodity Futures Trading Commission's Rostin Behnam as well as leaders of major crypto exchanges at Coinbase Global, FTX US, Binance, Kraken and KuCoin.
Details: Krishnamoorthi cited the FTC's estimate that losses from crypto scams are on track to surpass $1 billion this year.
- "I am also concerned by the apparent lack of action by cryptocurrency exchanges to protect consumers conducting transactions through their platforms," he said.
- Coinbase, FTX US, Binance and Kraken did not immediately respond to requests for comment.
Of note: The congressman is a member of the Congressional Blockchain Caucus, a bipartisan group formed to bring together industry and lawmakers to study blockchain technology.
Context: The subcommittee's fact-finding mission comes amid a slate of reports due out soon per President Joe Biden's executive order in March that, among other things, put top consumer watchdogs FTC and the Consumer Financial Protection Bureau to task on how to police crypto transactions.
- The CFPB in May issued an enforcement memorandum, addressing deceptive practices including misuse of the Federal Deposit Insurance Corporation logo or misrepresenting deposit insurance coverage.
- Meanwhile, the FTC has homed in on crypto scams and stepped up publishing crypto educational materials.
The other side: Many of the largest crypto exchanges, for their part, have been engaged in publishing educational materials in blog posts, tweets and entire sites dedicated to detailing the finer points of digital assets investing.
- FTX launched "Get to Know Crypto" just this month.
- Coinbase Global just rolled out a voter registration tool saying it was part of a "as part of a broader education initiative" in a blog post last week and has an explainer on all the different ways scammers might target them.
- Binance also has a how-to on identifying and avoiding crypto scams and offers personal finance tips.
The bottom line: "By implementing audit policies, requiring certain disclosures, delisting, and adopting other safety mechanisms, cryptocurrency exchanges can—and should—create safer environments for consumers," Krishnamoorthi said.


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It is no secret that indoor cycling is one of the hottest fitness trends in the industry today. But what happens if your facility does not have the space to dedicate to numerous stationary bikes?
Angie Parker, an instructor at Avenu Fitness and Lifestyle in Houston, Texas, was struggling with this issue. Various other facilities in the area offered traditional cycling classes, but the square footage at Avenu could not accommodate the additional equipment. She wondered if there was a way that Avenu Fitness could offer cycling, without having to purchase traditional indoor bikes.
Parker came up with the idea to purchase several stationary bike trainers, which allow users to hook their own bike in and add resistance via the bike’s gears. However, launching this new format did not come without obstacles.
“The hardest part was getting people to want to lug around their bike at work all day, then come to see me at night for class,” said Parker. “Then having to do all the set up. In a typical [cycling] class you walk in the door and the bike is there for you. Now I am asking them to bring their bike, their shoes and whatever else they need.”
While it might be more of a hassle for clients to bring in their own bikes, the end result is a more comfortable workout. “You are going to find that anyone who has their own bike has it fit to their specifications,” added Parker. “They are more comfortable within their own seat, their handle bars are set up in relation to the length of their torso, etc. From that perspective it is a much more comfortable ride.”
After teaching traditional indoor cycling for over 11 years, this new format required Parker to adapt her teaching style. “A lot changes when you go from a [cycling] bike class, where people just have to worry about a tension knob, to where they actually have to use their gears and stay at a certain RPM,” explained Parker. “Most people use power meters on their bikes so now I teach using verbiage like wattage and power. There are a lot of different elements added when they are on their own bike, compared to a flywheel [cycling] bike.”
While the class format has brought more athletes into the club, the program is welcoming to all fitness levels. The trainers accommodate all types of bikes, whether it is a mountain bike or a road bike. “We have a lot of people who might have never ridden outside, but will come and go through a class,” added Parker. “It is definitely for all fitness levels — for people who are completely novice to bikes, to people who have been riding for years.”
Parker launched the program seven years ago with only seven trainers. Today the class has blossomed and the club features 40 trainers. Once clients experienced the unique workout, they were hooked.
“They get off the bike after class and say they have never experienced anything like it,” explained Parker. “Typically when you are working by yourself, you are not going to push that hard. The response has been super positive and the word has spread around town.”


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DETROIT (AP) — Casting his local weather policy as a careers plan, President Joe Biden left out significant context and utilised fuzzy math when he declared sweeping new green initiatives that he claims will boost the U.S. economic system with the generation of 1 million new vehicle positions.
That is in fact much from selected, if not not likely.
A look at Biden’s statements at his signing of govt orders Wednesday that will replace the U.S. government’s fleet of roughly 650,000 automobiles with electric versions and stimulate a broader national shift to electric cars:
BIDEN: “Today is ‘Climate Day’ at the White Property, which signifies that right now is ‘Jobs Day’ at the White House. … We see these workers developing new structures, putting in 500,000 new electric powered auto charging stations across the region as we modernize our freeway techniques to adapt to the adjustments that have by now taken put. … We’re likely to harness the purchasing electrical power of the federal governing administration to buy clean, zero-emission automobiles that are created and sourced by union employees suitable here in The usa. … This will indicate 1 million new jobs in the American car business. A single million.”
THE Specifics: There’s a good deal of skepticism about this claim. At minimum some of people new car-relevant jobs would occur at the price of latest kinds. Auto business analysts do not see how a net get of 1 million work in that sector can arrive from Biden’s strategy.
A single million new careers in the auto sector is a very bold goal that would suggest a lot more than doubling the number of staff now employed in motor car and pieces manufacturing.
Many analysts and the United Car Employees union, in actuality, have warned that electrical motor vehicle producing likely will imply much less web auto-generating jobs.
If a lot more Individuals travel electric vehicles, then it stands that fewer will drive fuel-run ones. And due to the fact electric cars normally have 30% to 40% fewer pieces and are more simple to make, less personnel will be desired to assemble them. That will require a reshuffling of work opportunities, as employees who when manufactured engines, transmissions and other factors for gas-driven automobiles have to change to electrical motors and batteries.
“Because they are simpler, you’re almost certainly heading to have much fewer folks functioning in motor vehicle production than you have nowadays,” claimed Sam Abuelsamid, principal analyst for Guidehouse Insights. He observed that it is considerably much easier to automate production of battery cells and packs, which could cut down position stages even much more.
Extra than 100,000 personnel are engaged in setting up gas-run engines by itself.
Abuelsamid added that creating a million new auto jobs will be tough in foreseeable future decades mainly because U.S. new vehicle revenue are projected to be flat at close to pre-pandemic degrees for the future decade. “If nothing at all changed, you are not going to have a complete large amount far more employment,” he said.
The White Property did not instantly answer to a ask for for comment when asked for a breakdown of the 1 million new auto work that reveals an accounting for lost work opportunities.
Nor would a change of employment from a single sector to another automatically necessarily mean that staff losing their work opportunities could simply make the bounce to environmentally friendly jobs in the new economic system. Portion of Biden’s marketing campaign guarantee has been to advertise economic equity, these kinds of as bringing fuller opportunity for people without university degrees. In the quick operate, nevertheless, individuals workers could be harm the most by original occupation layoffs.
Kristin Dziczek, a vice president at the Center for Automotive Investigation, an market assume tank, claimed Biden’s purpose isn’t properly outlined and will be “a hefty carry.” For instance, the administration has not explained in what time body the 1 million employment would be included.
The shift towards electrical autos presently is taking place, even however fully electric automobiles accounted for less than 2% of U.S. new car or truck sales last year. On Thursday, Typical Motors announced a target of building most of its cars electric by 2035, the similar yr California ideas to ban revenue of new fuel-powered autos.
Presently, automakers spend workers who assemble batteries less than they pay out those who manufacture autos. Also, substantially of the battery operate is carried out by other companies that spend a lot less than what associates of the United Vehicle Employees union make at motor vehicle assembly crops.
Biden’s marketing campaign has stated the supplemental work opportunities also would incorporate all those making and installing the 50 percent-million new charging stations, and development staff who would retool factories to build electric powered autos. Quite a few electrical vehicle factors are now made in other nations around the world, and element of Biden’s strategy is to make a U.S. supply chain to develop further factory careers, the marketing campaign has mentioned.
“Anybody who tells you it is all beneficial for work opportunities — you just cannot say a single way or the other at this point,” Dziczek stated.
Rugaber and Yen noted from Washington. AP Economics Author Josh Boak contributed to this report.
EDITOR’S Notice — A look at the veracity of statements by political figures.
Discover AP Actuality Checks at http://apnews.com/APFactCheck
Abide by @APFactCheck on Twitter: https://twitter.com/APFactCheck
Copyright 2021 The Related Push. All rights reserved.


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Liquor store plans topic of meeting
By Louis Hoglund firstname.lastname@example.org Plans for the new Perham Municipal Liquor Store will be discussed at a special city council meeting, May 18, 7:30 a.m. at city hall. The discussion will revolve around preliminary designs created last year by Baker...
By Louis Hoglund
Plans for the new Perham Municipal Liquor Store will be discussed at a special city council meeting, May 18, 7:30 a.m. at city hall.
The discussion will revolve around preliminary designs created last year by Baker, Hogan and Haux Architects. The new store will be built near the new Dean's Country Market, along Highway 10.
Plans call for a store double the size of the present downtown facility in the lower level of city hall--known as "Landmark Liquors."
It's unclear whether the store will retain the "Landmark" title, which relates to the distinctive "steeple" feature of the Perham City Hall. However, one of the exterior design concepts calls for a similar, steeple-like structure that would carry the "landmark" theme to the new location.
"Nothing has been approved. That's why the meeting is scheduled, so we can start narrowing things down," said Randy Hendrickx, liquor store manager. "Nothing is cast in stone at this point."
In general, the new store will be about 4,800 square feet--compared to the present store of 2,500 square feet, said Hendrickx. Expanded wine selection, more imported beer and a doubling of cooler space are also in the plans.
The decision to relocate the liquor store from downtown to the highway location was debated for several months, with many downtown merchants concerned the highway location would contribute to a decline in the downtown business district. After many meetings and discussions by an ad hoc committee, the city council voted late last year in favor of moving the store.


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ULTIMATELY, there is some good news for farmers as Punjab wakes up to its agriculture export potential and to sensitivities of international buyers. It has started efforts to help farmers get international certification for quality production, ensuring traceability of every export item right back to the farmers, and even to trees and animals.
As a first mark of its seriousness to pursue this paradigm shift, which the exports have long been advocating, Punjab has transferred Rs2 billion to the project ‘Supply Chain Improvement of Selected Agriculture and Livestock Products’ and promised “as much additional money as required for it.”
Based on its agriculture potential and experts’ optimism for a niche in the international market, Punjab has set a target of $2 billion horticulture and livestock exports by 2015 which at present are stuck at mere $359 million.
Would it be able to achieve that ambitious target of almost doubling its exports ever year? The provincial planners are hopeful, and argue: the food requirements are changing – people in the developed world are now more into fruits, juices and vegetables for health reasons. It gives immense potential to countries like Pakistan where four distinct seasons make it possible to grow a wade range of crops.
In addition, the world population would grow to nine billion by 2050. It would mean that the world would have an additional population of equal to China and half of India to feed. The food for this additional population would come from countries like Pakistan which have huge untapped potential.
This paradigm shift in Punjab’s perception about itself has a history. At the turn of the century, it launched a project the “Rejuvenation of Orchards,” which raised farmers’ awareness about potential of their orchards and increased their ability to reclaim that potential. Model blocs of orchards were created and farmers were trained in pruning, fertilisation and harvesting. To follow it up, the province launched another five-year project called the “Fruits and Vegetable Development” in 2004.
At present, the province is running second five-year phase of the project. During this decade, the international community also came to Pakistan’s help and the USAID and especially the Australians helped it in horticulture areas. The federation also lunched the Pakistan Horticulture Development and Export Board (PHDEB). All these initiatives helped the province achieve a certain level of awareness and a solid launching pad, from where it is now trying to take off.
In January next it is planning to attend the “Green Weak” in Germany, where over half a million buyers, traders and general public would turn up to trade, buy and sell food items. It has already booked a stall and started a process of certifications through international auditors to prepare as many farms as possible for participation.
The idea it is trying to sell is the “Traceable Pakistan.” It is certainly a saleable point given recent international surveys, which has shown growing international sensitivity on traceability of exports. Many surveys have indicated that the European buyers now want to know every minute detail about the product they want to use and eat, including address of the farm, its certifications, processing (factory name and address) details, tests (irradiation, feed tests) and logistics (mode, temperature). All these international requirements have been clubbed under “product traceability.” The traceability certification is now considered as a passport to international markets and chains.
That is precisely the point where Punjab is now moving. Initially, it has included mango pulp, potato, tomato, onion, cucumber, okra, bell-pepper, red-chilies, basmati rice, parboiled rice, beef and mutton in the list of items to be marketed at this international agriculture and livestock exhibition.
States like Chile and Thailand have literally multiplied their horticulture exports within years. But it became possible for them only after achieving a certain legal, infrastructural and awareness level at home. Pakistan is still nowhere near to that stage.
Second, its needs to develop domestic standards for all those products that it wants to export. Until and unless, Punjab develops standards-sensitive domestic market, it would be very difficult for international buyers. All those countries who achieved some level of export, concentrated on domestic front first.
Finally, long-term planning and commitment is required to achieve strategic objectives.


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A recent Opinion from the Advocate General of the Court of Justice of the European Union (CJEU) points towards greater protection for workers who have not been given the right to take paid annual leave and could create ...
Our international Employment Group takes a look at the uberization of the workforce across our jurisdictions
Welcome to the February edition of our Retail & Consumer monthly news round-up. This newsletter focuses on key news and updates for retail and consumer-facing businesses around the world.
Welcome to the January edition of our Retail & Consumer monthly news round-up.


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As nations gather in Glasgow for the COP26 climate summit, efforts to reduce the carbon footprint of the food and drink industry – a vital sector of the economy – are a central part of the conversation.
Discussions on climate change often focus on the usual suspects when talking about emissions: power generation, cars and planes, shipping, and factories.
But many of the emissions-generating activities that people participate in every day get considerably less attention. Food and drink are one of those areas.
The emissions from this sector, measured from farm to fork, make up an estimated 30% of total carbon emissions in the EU, with the manufacturing process accounting for about a tenth of these emissions. By comparison, aviation makes up about 4%.
Of course, food and drink are also what sustains human life. So policymakers and the industry are looking at ways to reduce this necessary sector’s carbon footprint to carbon neutrality by 2050, the overall goal for the entire economy set by the US, EU and UK.
However, because it involves such a large value chain with so many actors, the food and drink sector may be one of the tricker ones to decarbonise.
“It’s clear that all the segments should be part of the solution,” said Yolanda Garcia Mezquita, an official at the European Commission’s energy directorate.
“That’s the reason that there are a combination of policy measures in the Fit for 55 package we put out in July. There is a pricing mechanism, the ETS, but also we have policy measures in order to ensure there are regulatory measures to incentivise the adoption of measures in the different sectors of the economy,” she said at a recent EURACTIV event.
Roadmap to reduction
The industry recently published a roadmap that could serve as a basis for decarbonising the food manufacturing sector, with the EU’s carbon neutrality target and the UN’s Sustainable Development Goals in mind.
“As an industry, we’ve just had the decarbonisation roadmap, which is very clear about what needs to happen,” said Chris Daly, chief sustainability officer for Europe at PepsiCo, the food and beverage multinational company.
“But the scale going forward of what needs to be done is absolutely massive compared to what has been done up to this point in time,” he told participants at the event, supported by industry association FoodDrinkEurope.
The report points to three main challenges for the sector to decarbonise: it is primarily made up of SMEs, a lot of technical support will be needed, and the value chain is mainly segmented. “Typically for a food manufacturer, 90% or so of the emissions will fall outside of its value chain. That means this manufacturer is going to be dependent on the industries that serve it.”
Olivier Dubois, senior natural resources officer at the UN’s Food and Agriculture Organisation (FAO), agreed that there would be significant challenges in the sector’s decarbonisation journey. “The energy sector often doesn’t talk to the agriculture sector or the food sector, which is a bit of a problem because there are very good synergies between the two,” he said.
“The business case of energy suppliers is linked to the business case of the agrifood actors,” Dubois added. “If agrifood actors, SMEs and farmers, improve their business because they have less food losses, better quality and more food than they can sell, then they can pay a better tariff to energy suppliers. But this is overlooked. We also don’t have enough intelligence on how to de-risk and optimise the locations for renewable energies in food chains.”
Still, there is a lot of potential for decreasing emissions in the sector. “It has the potential to reduce more than just its emissions, and that’s important to stress,” said Faustine Bas-Defossez, from the Institute for European Environmental Policy, a think-tank.
“It can indeed drive changes in the wider supply chain through influencing the way we produce and also the way we consume food. For instance, on the production side, it can develop meaningful sustainability strategies to drive raw material sourcing through mechanisms, and assist suppliers to meet more demanding standards going beyond existing legislation.”
Food producers can also inform and influence consumers to make better climate choices through labelling and marketing campaigns, Bas-Defossez added. But the most significant emissions reduction potential lies in changing the systems of energy use and food transport, she stressed.
“Avoiding and reducing greenhouse gas emissions are the first and main priority for the climate mitigation efforts, and that’s really what the industry should focus on,” said Bas-Defossez. “What’s needed is systemic changes and systemic innovations and not just quick fixes.”
Focus on farmers
Last year, the Commission put forward a Farm to Fork strategy that aims to make all the food and drink value chain elements less energy and carbon-intensive – from agriculture to production and consumption.
Daly said the strategy has helped push a focus on agriculture. However, he would still like to see more clarity from EU policymakers about how agriculture emissions will be reined in.
“Agriculture is a challenging area – if you look at the food and drink industry, nothing will happen if we don’t reduce the footprint from agriculture, but we know the science on agriculture isn’t quite there yet,” he said. “If you look at the carbon footprint of a food and beverage company, 30-40% will come from agriculture. Therefore, we absolutely need to get agriculture going in the right direction.”
“The government needs to step in and create the right kind of regulation in order to bring the different parts of the value chain together,” Daly added.
“The Farm to Fork strategy in the EU and the framework on sustainable food systems seems to be going in the right direction,” agreed Bas-Defossez. “But it is a bit worrying to see that there are still some [global] reactions to the EU plans, not necessarily supporting them, for instance just recently what came from the state secretary for agriculture in the US, looking at farm to fork strategy and its objectives as not being science-driven.”
As COP26 continues, attention will be broadening to sectors that haven’t been front and centre in the climate discussion until now. That will include food and drink and the agricultural systems that supply it, as policymakers and industry experts grapple with this vast sector with a disparate value chain.
> Watch the full event on YouTube below:
[Edited by Frédéric Simon/ Alice Taylor]


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Shares in Apple Inc., in the parlance of a decade better left behind (alternately, there’s this decade), keep on truckin’. AAPL set a new closing high on Monday, ending the trading session at US$614.48, up $7.50 (+1.24%), on what has become light volume of 21.5 million shares trading hands.
This is the second record close in a row following a drop in the stock sparked by a trading glitch on Friday resulted in trading being halted on the stock. A new trading platform called BATS launched on Friday, but a software glitch in the company’s servers caused a single trade to execute at a price low enough to trigger an automatic halt.
The problem didn’t involve Apple as a company or anything related to Apple’s stock, and trading quickly resumed, but it erased the gains from several previous trading sessions. Those loses were made up on Monday, when the stock closed at a record $606.98, and then again on Tuesday, with above-mentioned new record.
AAPL set an intraday high on Tuesday, as well, hitting $616.28 in the last hour of trading before retreating slightly. All three major U.S. indices closed slightly lower, a move influenced by lower consumer confidence numbers and lower average home prices for January.
The new closing high gives Apple a market capitalization of $572.9 billion, still the world’s most valuable company.
*In the interest of full disclosure, the author holds a tiny, almost insignificant share in AAPL stock that was not an influence in the creation of this article.


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World Health Organisation Recommends To Cut Sugar Intake By Half
The New Year heralds many new resolutions with weight and health being one of the top motivations for most of the British population. However, achieving a healthier generation may require more than will power according to the World Health Organisation.
With sugars reportedly playing a key role in rising obesity and heart diseases, the World Health Organisation (WHO) is considering to slash the recommended sugar intake by half. This includes all sugars "added to foods by the manufacturer, cook, or consumer, plus sugars naturally present in honey, syrups and fruit juices".
Many obesity and health experts say such a change cannot come quickly enough, given skyrocketing obesity rates across the globe. The NHS estimates the average person in Britain now consumes 20 teaspoons of sugar a day. That's approximately 7,300 teaspoons in a year.
There are now 1bn overweight adults worldwide, and 300m of them are clinically obese. In 2012 an NHS survey found that more than a quarter of all UK adults are obese, numbers that have tripled in 30 years.
It is predicted that by 2030 there will be 26 million people in the UK who are obese - a rise of 73% from the current 15 million. If our sugar intake continues, up to 48% of men and 43% of women in the UK could be obese by 2030, adding an additional £1.9-2 billion per year in medical costs for obesity-related diseases.
The National Health and Medical Research Council predicts that by 2024, 83% of men and 75% aged 20 years or more will be overweight or obese, with the council linking sugar as a major contributor to the obesity epidemic.
Experts say that part of the problem is that sugary foods and drinks are now staples in many people's diet instead of an occasional treat, and the need to reverse this trend is greater than ever.
Although sugar for personal consumption is slowly decreasing, more needs to be done in terms of processed food ingredients.
Sam Tew, Director of Natvia, Australia's leading natural sweetener, thinks that their products can be part of the solution. Natvia is already working with other food brands in Australia, where they are now able to provide consumers, healthier sweetener alternatives and food ingredients and is looking to do the same in the UK.
Tew says: "Our goal is to spread the health revolution and change as many people's lives as we can. Part of this programme is to work with more partners to develop healthier food alternatives that people buy as part of their daily groceries."
Tew adds: "We have been fortunate to have found some great partners who share our dream of a health revolution and we want more food manufacturers to join our mission in creating a healthier generation - and this starts with what you put in your ingredients."
Following the recent UK launch of Australian journalist and TV presenter Sarah Wilson's best-selling book I Quit Sugar, it is clear that attitudes to sugar are changing and consumers are looking for ways to change their diet and habits.
While the sugar debate is complex with many major lobbyists, the obesity rate projections are hard to ignore.
The message is clear to food manufacturers- decrease personal consumption, review your food ingredient and look at alternatives that are better for you. Be part of the health solution.
To find out more about Natvia, visit www.natvia.co.uk


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Note: I have a new video channel on YouTube where I’ll be sharing my latest thoughts on markets and investing. Check out the most recent video on the upcoming Fed rate hike here.
This week’s post is sponsored by YCharts. Mention Charlie Bilello to receive 20% off your subscription when you initially sign up for the service.
6 charts from the past week that tell an interesting story in markets and investing…
1) Sour Sentiment, Surging Sales?
Here’s an interesting juxtaposition: US Retail Sales hit a new high in January while Consumer Sentiment is at its lowest level in over a decade.
What’s going on?
People are not happy about rising prices, but they’re still spending.
Part of the rise in retail sales is simply due to higher prices, as inflation-adjusted sales peaked last April. But real retail sales (adjusted for inflation) are still 15% higher than pre-covid levels and are at their highest levels since last June. So consumer demand is still quite strong, irrespective of inflation.
2) The Price You Pay Matters
Twitter’s sales have grown from $535 million at its IPO in 2013 to over $5 billion today.
Have investors been rewarded for that growth?
Not exactly. The stock is 20% lower than its 1st day closing price from its IPO in 2013. By comparison, the Nasdaq 100 ($QQQ) is up 350% over the same time period.
Investors were overly optimistic at its IPO, paying 41x sales. Today, after growth has slowed, they are paying 6x sales. This multiple contraction has completely outweighed all of the fundamental growth in sales.
Which is another way of saying that price you pay for an investment matters.
3) Picking Stocks is
The “stonks only go up meme” has been noticeably absent these days.
In its place: the cold, hard reality that stock picking is anything but easy.
The latest example: Zoom.
The S&P 500 has more than doubled (+103%) from the lows in March 2020 while Zoom ($ZM) is down 17%. And over this time Zoom’s revenues have increased by over 6x (from $623 million to $3.91 billion).
In March 2020, Zoom investors were paying 65x sales on the expectation of a massive growth surge.
The surge did indeed come and by October 2020 investors were happily paying over 100x sales for it.
But once growth rate started to slow, things changed quickly, and the multiple investors were willing to pay collapsed. Zoom now trades at 10x sales, which was enough of a repricing to erase all of its gains since the March 2020 low.
4) Another Roundtrip
The list of stocks that have given up all of their gains since the start of 2020 is growing, with PayPal being the latest example.
Shares of PayPal are now 67% below their high from last July, by far the largest drawdown since the company spun-off from Ebay in 2015.
One year ago investors were happy to pay 17x sales for PayPal, its highest multiple ever. Today they can’t sell the stock fast enough at less than 5x sales.
5) Bond Bear Market
Nearly every segment of the bond market is down in 2022, which is on pace to be the worst year in history.
- Rising short-term rates: 1-Year Treasury Yield has moved up to 1.13% from 0.39% at the start of the year.
- Rising long-term rates: 10-Year Treasury Yield has moved up to 2.03% from 1.52% at the start of the year.
- Widening spreads: high yield credit spreads are up to 3.74% from 3.10% at the start of the year.
The good news? Bond investors are now being paid a higher yield, which means higher future returns.
The bad news? That yield is still quite low, especially when compared to the prevailing inflation rate.
6) Housing Boom, Affordability Bust
The US Housing Boom continues with Building Permits rising to their highest levels since May 2006.
Incredibly, the Fed is still stimulating, with holdings of mortgage-backed securities hitting another record high.
But this is all set to end in March (QE over, first rate hike), and the markets are quickly adjusting to that new reality. The 30-Year Mortgage rate in the US has moved up to 3.92%, its highest level since May 2019. The problem for home buyers? Housing prices are up 32% since May 2019 with many areas of the country (Phoenix, Tampa, Miami, Las Vegas, San Diego, etc.) up even more. That means affordability for new buyers is falling fast.
And that’s it for this week.
Have a great weekend everyone!
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For our full disclosures, click here.


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Just in time for the arrival of EA Access to Steam, Electronic Arts has announced it is simplifying its EA Access and Origin Access services by combining them into a single service under the new name of EA Play.
EA Play gets its new name as of tomorrow - August 18th - with the plan being that it'll be a simpler to understand service for the average consumer. EA Play will still include game trials, a library of full titles, along with discounts on all EA purchases. It will also include additional in-game challenges and monthly rewards at some point in the coming months. The latter sounds a lot like Microsoft's rewards system (catchily titled Microsoft Rewards) which encourages similar behaviour in exchange for reward points tied to Bing. By the sounds of things, rewards may be less flexible than Microsoft's service though with EA suggesting items such as Ultimate Team Packs playing a role here.
Alongside EA Play will be EA Play Pro, formerly known as Origin Access Premier. In case that service has passed you by in the past, EA Play Pro costs more than EA Play but offers the ability to play full and new EA games on the day of release, much like Xbox Game Pass. EA's annual live event, EA Play, will be renamed EA Play Live to avoid confusion.
Somewhat understandably, the Origin client will also be enjoying a significant revamp shortly with EA planning to build a "faster, smarter, more connected desktop app" as well as change names around accordingly.
Essentially, EA Play is being revamped to be simpler to understand as well as potentially to be more competitive against the likes of Xbox Game Pass. However, EA hasn't been clear on whether the one subscription will get you access to the service on consoles as well as PC. Previously, EA Access has always been separated across the platforms. That could be the big selling point for many people, providing you with far more games assuming you have a games console as well as a PC.
Either way, launching tomorrow means that EA Play will coincide with the Apex Legends Season 6 release date which is a big deal indeed and we have no doubt that this isn't a coincidence.
What's in a name, you ask? Well, time will tell whether the name change will also lead to a brighter future for EA's subscription service.
October 14 2021 | 15:04


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A new kind of Japanese omakase joins the Lower East Side
The team behind popular Japanese soba restaurant Cocoron has opened a tiny new omakase restaurant called Shabushabu Macoron. The eight-seat counter at 61 Delancey Street, near Allen Street, serves a tasting menu of shabu-shabu — a Japanese hotpot. Thinly cut meat and raw vegetables get cooked in a broth; then the meat can be dipped in a sauce. A chef named Mako runs the show by herself. For November, the cost for the menu is $88. Make a reservation here.
Upper West Side restaurant openings include new Serafina
A slew of restaurants are making their way to the neighborhood. On Thursday, Italian chain Serafina debuted at 2737 Broadway, at 105th Street. Chinese fast food chain Panda Express is also close to opening on Broadway between 110th and 111th Streets, part of the company’s ongoing expansion plan in the city. And Asian-Latin fusion restaurant called Zen Taco will soon join Columbus Avenue, at 85th street; the restaurant is now hiring.
Two restaurant closings
After nearly a decade on Houston, tapas bar Macondo suddenly closed the doors of its Lower East Side location. The restaurant from Hector Sanz first opened there in 2008. Staffers at the still-open West Village location tell Bowery Boogie that it’s only a temporary shutter. Further north on the Upper West Side, Indian restaurant Saffron has closed as well. The neighborhood restaurant near Lincoln Center served dishes like fish tikka and lobster masala.
A free Thanksgiving meal with an Indian spin
East Village Indian restaurant Old Monk — which recently, finally scored a liquor license — is offering a free Indian buffet this Thanksgiving. The restaurant from chef Navjot Arora, which opened this past summer, will be serving dishes like turkey meatballs in curry sauce, cumin potatoes, tandoori chicken wings, and naan on Thanksgiving Day. Enough food will be available for as many as 300 people.
A weekend pop-up from a Wildair alum
Chef Giuseppe Lacorazza — a former sous chef at LES small plates restaurant Wildair — is cooking at the Brazilian O Cafe in Greenwich Village over a series of weekend pop-ups. The menu changes every weekend but highlights seafood. For the first series of dinners starting this weekend, dishes include poached white shrimp with turnips, razor clams, and dry-aged beef tartare lettuce cups. Tickets cost $50 and can be purchased here.


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San Francisco-based economic technology business also made headlines later just last year whenever Walmart, the nationвЂ™s biggest private boss, announced it can begin providing EvenвЂ™s solution as an element of its worker advantages package. Along with supplying tools that enable employees to trace their investing and conserve money, Even features Instapay, makes it possible for users to advance a few of their next paycheck as much as 13 times before payday. Since the user that is even making use of his / her currently accumulated hours, also does not charge the worker interest in the advance.
Also is regarded as a small number of technology businesses have actually popped up in modern times wanting to get wages to workers faster as well as on need. organizations like FlexWage possibilities and Instant Financial offer on-demand pay, but those solutions tend to be linked with a debit card granted because of the business in the place of an employeeвЂ™s bank account that is primary.
Even creator Jon Schlossberg has stated publicly that an element of the ongoing companyвЂ™s mission is always to put the cash advance industry out of company, claiming it exploits the economically susceptible. He shared discover this info here usage that is internal solely utilizing the Associated Press that displays, at the very least preliminarily, that Even users are less inclined to touch the cash advance market after they subscribe to the companyвЂ™s solutions.
вЂњYou have actually this whole industry of finance institutions benefiting from Us citizens struggling to call home paycheck to paycheck, and payday lenders are really the absolute most predatory,вЂќ Schlossberg stated.
Payday loan providers say they give you a required solution, with numerous People in america struggling to show up with cash to pay for an unexpected monetary emergency. They even state they provide towards the countryвЂ™s most hopeless, that are usually the risk that is highest for perhaps maybe not trying to repay the mortgage. But experts state the prices and charges are exorbitant and certainly will trap the debtor in a period of financial obligation that will last months. The customer Financial Protection Bureau, beneath the national government, had been attempting to control the lending that is payday nationwide, but underneath the Trump management the bureau has started the entire process of reversing those laws.
EvenвЂ™s data show that approximately 28 % of the users took down an online payday loan within the months before registering for the solution. Four months after becoming a member of also, that figure drops to not as much as 20 per cent. Also calculated the figure by learning usage behavior of the users from December 2017 until September 2018.
Also has the capacity to inform which users will always be making use of payday advances because Also users connect their bank records towards the software. The organization will be in a position to inform what forms of deals a person is making, and if they bear the faculties of a cash advance transaction or name a payday lender because the other celebration.
Walmart may be the only company that publicly claims it makes use of also, but a straight spokesman states it offers вЂњmore thanвЂќ 10 businesses opted currently, with 400,000 active members. Also does fee Walmart workers a $6 month-to-month cost to make use of its premium features, including Instapay.
Customer advocates, that have very very very long targeted the payday lending industry, stated they certainly were glad to see options to pay day loans available but urged caution about their use.
вЂњThe decrease is intriguing and possibly promising but too quickly to attract any conclusions,вЂќ said Scott Astrada, manager of federal advocacy in the Center that is left-leaning for Lending.


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The U.K.’s new incentive to get people to eat out at restaurants and bolster the beleaguered hospitality industry is confronting a hard reality — consumers are still unwilling to confront the coronavirus pandemic.
A new survey released on Friday by the Office for National Statistics finds 60% would be uncomfortable or very uncomfortable eating out, compared with just 21% who would be comfortable or very comfortable.
The discomfort in leaving home isn’t limited to restaurants.
Only 9% said they were likely or very likely to go on vacation abroad this summer. Just 14% of adults also said they had shopped for nonessential items such as clothes and furniture, and the 6% that left their home that week did so to visit an outdoor beauty spot or beach.
It comes as the Chancellor of the Exchequer Rishi Sunak unveiled a new incentive measure to get Brits to eat out. Starting in August, the U.K. Treasury will reimburse up to £10 per meal on Mondays through Wednesdays, as part of a broader £30 billion spending plan.
The Restaurant Group
on Friday said 10% of its stores won’t open at all this year. The publicly traded operator of the Wagamama and Chiquito chains said it was aiming to have 25% of its estate open by the end of July, and 90% by the end of September.
The U.K. has been one of the hardest-hit countries by the pandemic, trailing only Belgium in deaths per capita of major European countries. At 666, the U.K.’s deaths per million is far above the U.S. figure of 400, according to data from the European Centre for Disease Prevention and Control.


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Australia’s rugby league is using a blockchain-based app to stop counterfeit goods; a government minister has said it could help grow the national economy. This comes as Australia’s National Rugby League (NRL) announced Monday it was piloting a blockchain-based app developed by the country’s patent and intellectual property office. Called Smart Trademark, the platform allows the legal owners of a trademark to link online stores and their supply chains to a government registry, so they can distinguish themselves from counterfeit websites.
1.Trade mark protection in China What Australian trade mark attorneys need to know, 1:20:21
2.Advanced Trade Marks: Section 44 Evidence, 35:05
3.Michael Schwager talks Smart Trade Mark on Ausbiz., 7:30


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comScore has released a report on the state of the US mobile market from September to December 2009, and it shows that the recently established trends of Android and iPhone growth don't show signs of ceasing.
In December 2009 RIM was still the leading mobile smartphone operating system in the U.S., with 41.6% market share, a slight drop from 42.6% from September 2009. Apple has risen from 24.1% to 25.3% in that same period, and Google, although still in the fifth place, has doubled its market share - from 2.5% to 5.2%.
Microsoft lost one percentage point and dropped to 18% share, but the biggest loser of the bunch was Palm, which dropped from 8.3% to 6.1%, despite recent price cuts which made their smartphones one of the cheapest on the market. If Palm doesn't do something to reverse this trend, it may soon be looking at the back of Android, which is growing like a weed, both in the US and internationally.
[Image credit: comScore]


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Food Network, “Carnival Eats” host Noah Cappe poses with the 18 inch monster corn dog and 5 lbs. of fries he learned to make from owner Tom Stroud at the Monster Grill at the Stanislaus County Fair. Photo by Debbie Noda, Modesto Bee.
By Nan Austin
TURLOCK – Some fairgoers came for the barbecue, washed down with beer floats. Others lined up for deep-fried, bacon-wrapped pickles, cheesecake on a stick or a dozen forms of fried potatoes.
But it’s lobster corn dogs, doughnut sandwiches, deep-fried frogs legs and a mega loaf of curly fries that will be the most memorable morsels of this year’s Stanislaus County Fair, thanks to a Food Network episode of “Carnival Eats” filming in Turlock this weekend.
“Vegas has its secrets. The fair has its calories. It’s the guilty place you go once a year,” said host Noah Cappe between takes Saturday. The show has crisscrossed the country since April, filming Cappe gamely learning to cook everything from gumbo in Louisiana to deep-fried rattlesnake in Oklahoma.
“I appear to be a slow learner. But I’m definitely getting comfortable around the friers,” Cappe said with a grin.
“It’s silly. The guy can barely slice an onion, but he loves to eat,” said show director Spencer Ramsay while his crew set up cameras at the Monster Grill.
“Setup takes a couple of hours,” he noted. “That’s always what takes the time.”
Outside, cameramen taped a black cloth hood around a window in front of the main cooking area to block reflections. One camera would be shooting there while two others stood inside with Ramsay to capture Cappe’s foray into monster corn dog and curly fries cooking. Each item is cooked at least twice, giving a variety of wide-angle and close-up views to be stitched together later.
“It’s a huge process,” said producer Topher McFarlane. The Monster Grill trailer, which has a second trailer attached with walk-in refrigerator and office space, is one of the larger venues they’ve filmed, he noted. Filming inside tents and tiny booths each take their own engineering for lighting, sound and camera angles.
During filming, Cappe’s slim, 6-foot-3-inch frame swiveled expertly to stay in the photo frame as owner Tom Stroud maneuvered bulky packages and oversize equipment in the small space. The booth can run through 14 tons of potatoes in one fair, Stroud said.
Stroud’s 18-inch corn dogs and 5-pound serving of curly fries, both $8 items, were the menu for his segment. It takes custom-built, extra-deep deep-fry bins to cook both. The corn dogs take custom-cut sticks because of their weight, Stroud said. Some people share the mega meal, others dive in alone, he said.
“You get people trying to outdo each other. It’s really comical,” he said.
On Saturday the crew also filmed Cappe making lobster corn dogs that sell for $10 at Sharky’s Fish Fry, owned by two generations of Delahoydes. Phillip Delahoyde said his dad invented the batter-fried lobster sausages and lobster fries to be featured on the show. Other quirky offerings include deep-fried avocado and, at another booth, a chicken sandwich made with raspberry-jelly-filled Krispy Kreme doughnuts.
“If we had to think about calories, that would be scary,” Delahoyde said with a laugh.
Filming wraps up today, with segments on deep-fried frogs legs with deep-fried okra at the Southern Comfort Express booth and homemade doughnut ice cream sandwiches from Sweet Cheeks Fair Treats.
Sacramento’s Cal Expo and the Stanislaus fair will be the California contributions for the first season of “Carnival Eats,” due to start mid-August on the Cooking Channel and Great American Country in the United States, and the Food Network in Canada. The show will mix and match locations, making Turlock’s air date a toss-up right now, Ramsay said.
The fair has a week still to run, giving fairgoers a chance to taste the real thing and dozens of other only-at-the-fair foods.
At the Knights of Columbus booth, volunteers in red T-shirts that say “Keep Calm and Eat Linguica” will be fundraising for scholarships and extras for Sacred Heart School. After more than 60 years of selling linguica sandwiches, they’ve added a linguica corn dog, french fries and sweet potato fries this year, said volunteer Kevin Crivelli.
Rotary’s beer booth has $8 beer floats this year, said volunteer Don Gonsalves. One pairs a dark Guinness with chocolate and another adds orange cream soda to Blue Moon beer. Both come with ice cream and whipped cream.
“We’ve had people try it that don’t drink beer and love it,” Gonsalves said.
Doughnuts are big sellers throughout the fair, even showing up as stuffed toys winnable at games along the midway. Castle Mini-Donuts offers a doughnut sundae, eight doughnuts topped with whipped cream, chocolate or caramel sauce and a cherry on top, said worker Jackie Barrera.
Fried bread has been dubbed “elephant ears” at one booth offering a number of toppings. An Indian Fry Bread booth has s’mores bread, a fry bread dribbled with melted marshmallows and chocolate sauce.
The classic cinnamon rolls, a fair staple for 37 years, have added a cinnamon roll sundae – a few more irresistible fair calories.
One Response to Fair food gets a TV show! From the Modesto Bee


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Burger King Philippines has introduced a new side option available only via the GrabFood app – cheesy jalapeño fries.
Burger King’s thick-cut fries are drizzled with a cheese sauce and then topped with slices of the jalapeño pepper. It costs P99 an order.
The cheesy jalapeño fries are available for a limited time only – they began offering this at the start of May – and is exclusive to GrabFood delivery users. – Rappler.com


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We are excited to announce that you can now pay for parking in Dartford with RingGo, the UK’s number 1 parking app.
With this announcement, Dartford becomes the 10th council in Kent to offer RingGo. Dartford joins Gravesham, Medway, Swale, Folkestone and Hythe, Canterbury, Thanet, Tunbridge Wells and Dover as a RingGo client. With RingGo offered across many Kent councils Dartford Borough council will benefit from RingGo’s ongoing consumer marketing campaigns which have been running since 2019.
Martin Smith, Parking Manager, Dartford Borough Council, said: “The introduction of cashless parking using RingGo ushers in a new system of convenience for local motorists where they no longer need to remember to start and stop their parking, but pay each time they park. The aim is to alleviate stress for commuters and shoppers in the area and let drivers benefit from enhanced transport solutions.”
Peter O’Driscoll, UK Managing Director, RingGo, said: “Having Dartford join many other local Kent councils in partnering with RingGo is another string to our bow. Many drivers in Kent love the service we provide. As it stands in 2020, over 16 million customers use RingGo across the UK and our solutions are offered in 400 plus towns and cities in the country.”
To find out more about the launch visit www.ringgo.co.uk/dartford


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The Honor X10 5G has been scheduled to go official next week on May 20, which is just about a week from now. Information detailing that the phone will pack the Kirin 820 5G chipset with support for all 9 major 5G bands, a 6.63-inch IPS LCD with FHD+ resolution, a 4,200 mAh battery with 22.5W fast wired charging and a custom Sony IMX600y main camera has already circulated.
The phone has been seen in a Geekbench 4 listing with the model number Huawei TEL-AN00 which tells us a little more about the device.
The phone scored up to 3,084 points in the single-core department and 9,128 points in the multi-core test. The phone has also been confirmed to come with 8GB RAM and run Android 10.


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Digital TV News: Pierre Roy
Conax delivers Montecable OTT service in Uruguay
Mar 29, 2018 – Conax (SIX:KUD:S) has announced the deployment of its Conax GO Live secure OTT multiscreen solution at Montecable in Uruguay. Conax enables the Montecable MC GO Live service by pre-integrating partner technology with Conax Contego security to create an end-to-end OTT solution.
News categories: Conax, Montecable, Pierre Roy, Fabiana Orlotti, Content Protection, Digital TV, NABShow, TV Everywhere, Uruguay
TVkey launches at HD+ in Germany
Mar 6, 2017 – NAGRA (SIX:KUD.S) and Samsung have announced the world’s first commercial deployment of TVkey at German satellite operator HD+. TVkey provides TV-platforms and pay-TV operators with a low-cost route to market for their services.
News categories: NAGRA, Samsung, HD PLUS, Pierre Roy, Hyogun Lee, Georges Agnes, Content Protection, Digital TV, Germany, Satellite, Set Top Box
Altice USA selects NAGRA content security platform
Feb 6, 2017 – NAGRA (SIX:KUD.S) has announced an agreement with Altice USA (Euronext: ATC, ATCB) under which NAGRA will provide Altice USA with content protection and a platform to enable encryption and content security for its HD and 4K offerings.
News categories: NAGRA, Altice, Pierre Roy, Hakim Boubazine, Cable TV, Content Protection, Digital TV, Mobile, Set Top Box, USA
Alticast teams with Vidéotron for Canada's first 4K UHD STB
Mar 23, 2016 – Alticast has announced that it has helped Videotron to be the first Canadian cable operator to make available a 4K ultra high definition set-top box on a commercial basis across its entire service footprint.
News categories: Alticast, Videotron, John Carlucci, Pierre Roy, Cable TV, Canada, Digital TV, Middleware, Set Top Box
Videotron introduces Canada's first Ultra HD DVR
Aug 11, 2015 – Videotron has become the first telecommunications provider in Canada to commercially release an ultra-high-definition (UHD) set-top box across its entire service area. Videotron intends to launch a UHD service by summer's end.
News categories: Videotron, Samsung, Manon Brouillette, Pierre Roy, Cable TV, Canada, Digital TV, DVR
NAGRA adds multiscreen DRM to DISH/Echostar security
Apr 16, 2014 – NAGRA (SIX:KUD.S) has announced that it has extended its security partnership with DISH Network (NASDAQ: DISH) and EchoStar (NASDAQ: SATS). DISH and EchoStar have deployed NAGRA’s DRM to secure DISH's Anywhere™ multiscreen VOD service.
News categories: NAGRA, DISH Network, EchoStar, Vivek Khemka, Mark Jackson, Pierre Roy, Content Protection, Digital TV, DRM, Mobile, Satellite, TV Everywhere, USA
Alticast and Videotron Collaborate to Provide the Next Generation in Interactive TV
Mar 27, 2012 – Alticast has announced that it helped Vidéotron (Toronto:QBR.A;QBR.B) to develop its interactive TV solution: illico TV new generation. Alticast has been the primary supplier and developer of applications, and is the primary integrator for the project.
News categories: Alticast, Videotron, Cable TV, Canada, Digital TV, Middleware, Set Top Box
Samsung Launches First HD Box and HD PVR in Partnership with Videotron
Mar 27, 2012 – Samsung (Seoul: 005930) has announced that it is enhancing the way Vidéotron (Toronto: QBR.A; QBR.B) customers watch TV with the launch of two new set top boxes - the Samsung HD box and HD PVR - in support of Vidéotron's illico digital TV service.
News categories: Samsung, Videotron, Cable TV, Canada, Digital TV, DVR, Set Top Box
Videotron chooses Cisco HD set-top box platform
Mar 27, 2012 – Vidéotron (Toronto: QBR.A; QBR.B) has announced that it has chosen Cisco's (NASDAQ: CSCO) HD set-top box platform to deploy the next generation of its enhanced illico digital TV service.
News categories: Cisco Systems, Videotron, Cable TV, Canada, Digital TV, DVR, Set Top Box
- PAOK FC OTT platform built with Insys Sport on AWS
- SLING TV in-app guide integrates local OTA channels on LG Smart TVs
- Conviva releases State of Streaming Q2 report
- Stay-at-home providing springboard for French SVOD
- Survata announces enhanced CTV measurement suite
- Ofcom releases Media Nations 2020 report
- RADIO.COM expands connected TV footprint with Vewd
- NAGRA multi-DRM selected for Grupo Express OTT service in Argentina
- V-Nova and NETINT collaborate on MPEG-5 LCEVC transcoding
- ViacomCBS to launch connected video ad platform
- Bell Canada releases Android TV 4K HDR streaming box
- ORS chooses 3SS to deliver simpliTV service in Austria
- Mongolia's Skymedia upgrades to Minerva 10
- Express-80 and Express-103 satellites launched
- INVIDI extends addressable TV partnership with Tata Elxsi
- Finecast brings audience measurement to Australian BVOD platforms
- SVOD subscriptions grew by 28% in 2019
- Strong recovery expected for Mexico’s video entertainment market
- ATEME negotiating acquisition of ANEVIA
- Charter residential video customers up 102,000 in 2Q 2020


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When the Walnut Room at Broadway and Ellsworth Avenue closed last August, it was only a matter of time before someone snatched up the desirable corner location in the heart of one of Denver's hottest destination bar and restaurant districts. What's coming is far from the expected upscale taqueria, wood-fired pizzeria or burger bar, however. Instead, the neighborhood will get a Chinese hot-pot restaurant with a refrigerated conveyor-belt system that delivers traditional dishes in a high-tech setting. The restaurant goes by the unlikely name of Chubby Cattle and will be only the second in the country, after the original that opened in Las Vegas last year.
Chubby Cattle was founded by Haibin Yang, whose family also runs a Mongolian restaurant chain called Little Lamb. With financial backing from New York investment firm NXTFactor, the first Chubby Cattle launched with a first-of-its-kind enclosed conveyor belt that delivers meats and other hot-pot ingredients to each table ice-cold. According to NXTFactor spokesman David Zhao, the company spent more than $1 million on the buildout of the flagship restaurant.
The Broadway Chubby Cattle will hold a similar system, along with iPad menu stations to help diners make choices of soup bases, ingredients, sauces and other dishes. A new feature at the Denver outpost will be an additional train-track line above the conveyor belt that can deliver more food items straight from the kitchen to individual tables. "We are combining a historical cuisine that is thousands of years old with modern technology," Zhao explains.
While the Las Vegas original is ensconced in a retail zone heavy with other ethnic eateries (similar to what you might find in the heart of Aurora), the company is banking on the current interest in culinary exploration — and especially hot pot — among American diners to attract Denverites to the Broadway location. Zhao notes that Chubby Cattle's current customer base is 70 percent non-Chinese, and that number could be even higher in Denver. Hot-pot restaurants are a growing trend in the U.S. (and even in Denver, with
Yum Yum Spice, Bronze Empire and Little Chengdu all opening in the past year); NXTFactor plans to expand the Chubby Cattle concept into Dallas and Philadelphia this year and is also targeting San Francisco, Los Angeles, Chicago and New York.
Zhao says the menu at the Denver Chubby Cattle will take from the best of the Las Vegas location; that includes several soup bases (original, tomato, mushroom, seafood and Hellishly Spicy). Meat, seafood and vegetable platters are then added. In addition, noodle bowls, dumplings and other Chinese and Mongolian entrees and sides will be offered.
Chubby Cattle expects to open in early summer this year for lunch, dinner and late-night snacks seven days a week.
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LONDON, January 19, 2015 /PRNewswire/ --
Incus Technologies has announced the expansion of its support team to offer 24/7 support to its customers on a global scale. The expansion means the company can now offer around the clock support to its customers in the US and APAC markets.
London based Incus Technologies has also announced plans to support customers running Windows Server 2003 as they make plans to upgrade before the end of life date in July.
The companies CEO, Michael Lindemann, said: "This announcement is really exciting for the company and our customers. It brings us a step closer to our vision of becoming one of the market leaders in server support. By being able to support companies globally not only can we help the emerging markets of APAC develop, we can also help expand the operations of our EMEA customers and help them reach a global audience too."
When asked about the Windows Server 2003 end of life support plans Lindemann said: "Tasks such as upgrading server software can be disruptive to say the least. It often means taking team members away from their everyday tasks to do the work and creating a backlog. Incus can offer a feasibility test to ensure that all your applications will work on an upgraded server and then fully undertake and project manage the migration for our customers. July is not far away so its really time to start planning if you haven't already done so!"
The news is a big step forward for Incus Technology and serves as a springboard to increase their client base throughout 2015.
- Michael Lindemann and Thomas Langan founded Incus Technologies Limited in October 2014. The directorship is split 50/50 between the two.
- Based in London, the company has formed close partnerships with Tier One hosting providers such as UKFast, Memset, ElasticHosts and Claranet.
- The company offers a product suite ranging from server migrations to full server management.
- Logo: http://incustech.co.uk/wp-content/uploads/2015/01/Incus-Technologies-New_Artboard-18-copy-4_Artboard-18-copy-4-e1420300670450.jpg
SOURCE Incus Technologies Limited


text: Webpass has recently boosted it’s speed in downtown SOMA (South of Market Street) for San Francisco. Although the current service is only rated at 200mb/s – the new speeds seem to indicate a change will be coming soon. I am now consistently pulling well over 400mb/s down and 200mb/s up. God bless America, and Webpass. You can currently subscribe to this offer for $55 a month or $500 a year. This is some of the fastest and cheapest internet in the country at this point.


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When Clyde’s Deli closed last year, North Plymouth was in mourning. Now North Plymouth is rejoicing.
PLYMOUTH – When Clyde’s Deli closed last year, North Plymouth was in mourning. The popular take-out restaurant was the neighborhood go-to place for subs, pizzas, salads and more.
Now North Plymouth is rejoicing. Rose & Vicki’s opened its newest location Tuesday in the former Clyde’s Deli at 358 Court St. The restaurant offers stone-hearth pizza, subs, salads and a bakery with desserts – similar fare as its sister sites in Manomet, Cedarville and Marion.
“North Plymouth is booming and we wanted to be a part of it,” said Scott Bodeau, Rose & Vicki’s general manager. “We’re close to Cordage Park and all of the development that’s going on there. This is a good location for us.”
Katie Fogarty is excited that Rose & Vicki’s has opened. She used to work at Clyde’s Deli, which was an institution in North Plymouth for 50 years. She now works at the new place.
“I love it,” she said. “I love the atmosphere and the people.”
Rose & Vicki’s started in Manomet in 1976. It was named for the original owners, who sold the business to David Smith and Vincent Williams, who have expanded and grown the operation.
“David says he is the new Rose and Vincent claims to be Vicki,” Bodeau said with a chuckle.
The restaurant specializes in 18-inch thin-crust pizzas, a wide variety of handmade subs and wraps, large salads and baked goods, including cookies and fresh-filled cannolis. A steady flow of customers visited the new location on Tuesday and seemed pleased with what they saw. It’s not Clyde’s Deli, and the new look and menu were a hit.
“It’s very different from what used to be here, but I think it is great,” said Rachael Tucker, who works at Rose & Vicki’s in Manomet and was helping open the new restaurant. “It’s cool!”
The North Plymouth Rose & Vicki’s is open daily from 10 a.m. to 9 p.m. and Sundays 10 a.m. to 8 p.m. Boudeau said the hours will likely be adjusted as people become familiar with the new location and when the warmer weather arrives.
To place an order or for more information, call the North Plymouth restaurant at 508-746-6066 or go online at www.roseandvicki.com.