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The live interview with the former Miss Universe will be moderated by Heradio Luces, co-founder of Emprendt Latino, an organization that promotes entrepreneurship and good business practices among Hispanics business owners in the United States.
Barbara published her first book “The Beauty of How to Live” last year and is currently preparing her second book “Far from My Shadow, Close to the Light, which is expected in early 2012. She is also launching a franchise called Inspirational Shop.
“We want to highlight how Latino entrepreneurs can be successful in the U.S. This will be a great opportunity for Latinos to learn how others achieved success," Luces said. “In this moment the only solution for the economic situation is to showcase successful entrepreneurs and business owners.”
Emprendt Latino launches its business conversation series during Global Entrepreneurship week, making it the only local Hispanic organization with an event hosted by the University of Miami during the global celebration of startups and innovators.
Emprendt Latino plans to host more conversations with top Latino entrepreneurs as a part of the group’s efforts to promote Hispanic entrepreneurship and better business practices.
Emprendt Live continues its positioning during Global Entrepreneurship Week, the world’s largest celebration of the innovators and job creators taking place in over 104 countries around the world who launch startups that bring ideas to life, drive economic growth and expand human welfare. During one week each November, GEW inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators
Who: Emprendt Latino, Twitter: @Emprendt; Facebook: Emprendt Latino
What: Emprendt Live: Barbara Palacios, From Miss Universe to Entrepreneur
Where: College of Arts and Sciences Gallery, 1210 Stanford Dr., Coral Gables, FL, 33146
When: 8 – 10 a.m., Thursday, Nov. 17
Why: To inspire Latino entrepreneurs to thrive and succeed
Cost/RSVP: Free and open to the public. Contact Yerina Mejias, yerina.mejias@
About Barbara Palacios
Barbara Palacios is a former Miss Universe who catapulted from the runway to the boardroom by using her fashion sense and creating beauty products for women in the United States and Latin America. Palacios founded the aptly named Barbara Palacios Corporation, a U.S. company that sells jewelry and beauty products in stores bearing her name. She owns the Barbara Palacios Casual line of products that’s distributed in several Latin American countries.
About Emprendt Latino
Emprendt Latino is a Miami-based organization designed to encourage more successful entrepreneurs and Latin business owners, using a rational and emotional approach to enhance their possibilities of success. Emprendt Latino was formed in 2010 by Heradio Luces and his wife and business partner Yerina Mejias, two relentless entrepreneurs. Learn more at Emprendt.com.
About Global Entrepreneurship Week, Nov. 14-20
Global Entrepreneurship Week is the world’s largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. During one week each November, GEW inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. Visit Unleashingideas.org.


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Fair For All Leads Delaware County Justice Ride for Black Lives
Friday evening, a parade of a different sort traveled through several towns in Delaware County spreading a message in support of social justice for African Americans and celebrating Juneteenth when slavery in the United States officially ended. According to event organizing group Fair for All, a 50-vehicle “Justice Ride for Black Lives” brigade that stretched out for about 2 miles went through Margaretville, Andes, Delhi, Hamden and Walton, with vehicles displaying Black Lives Matter messages and garnering attention along the way. The ride ended at the Walton Cemetery where those attending left flowers to honor the buried Union soldiers .
The Ride was organized by a non-profit, volunteer group called "Fair For All", an organization that petitioned the Delaware County Fair in 2017 to ban the sale and display of Confederate flags. The pressure from Fair for All resulted in the NYS Attorney General condemning the Confederate flag’s sale at county fairs. Also NY State Agriculture Commissioner Richard Ball sent a letter to every fair board urging that Confederate merchandise no longer be sold. Then in 2019, the Delaware County Fair prohibited merchants from displaying full-sized Confederate flags, but still allowed them to be sold, and to be displayed on smaller Confederate-themed items, such as hats and belt buckles.

domain: news


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Morrisons is to catapult itself back into the convenience market with the launch of 10 Morrisons Daily stores, just over a year after its M Local stores folded.
The supermarket has announced it will pilot a convenience food offer in 10 petrol station shops owned and managed by forecourt operator Rontec and supplied by wholesaler Palmer & Harvey.
Four Morrisons Daily shops will open before Christmas and a further six in January. They will be up to 3,000sq ft and will sell branded and Morrisons own label products.
The supermarket has already been trialling a convenience offer with forecourt operator, Motor Fuel Group.
In addition, it will be reviving the Safeway brand – 12 years after Morrisons’ £2.9bn merger – for wholesale to independent retailers, available from early next year.
Chris Etherington, executive deputy chairman of Palmer & Harvey, said: “Palmer & Harvey has worked with the Rontec team for over 40 years and we are very much looking forward to building a long, successful relationship with Morrisons.”
Gerald Ronson CBE, chairman and chief executive of Rontec, said: “We are constantly looking for ways in which we can improve the service and product range we offer to our customers and are pleased to be working together with Morrisons on this pilot.”
David Potts, chief executive of Morrisons, said: “By working with well-established partners and reviving the Safeway brand, we are making our products more accessible to more customers.”


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O'Brien Joins Scopely Board of Directors
The Culver City mobile game unicorn, Scopely, announced Wednesday that Chief Revenue Officer Tim O'Brien has been appointed to the company's board of directors. Since he joined Scopely in 2014, the company has grown from 50 to 800 employees and reached a $1.7 billion valuation.
"My time at Scopely has been the highlight of my professional career, and I'm really proud of the tremendous growth we've achieved," O'Brien told dot.LA in an e-mail. "The business has scaled 35x over these last six years, and I continue to be energized every day to come to work and tackle new challenges with all of my Scopely partners."
Prior to Scopely, O'Brien served as Vice President of worldwide business development at Disney Interactive. Before that he was Vice President of business development at Tapulous, which was acquired by Walt Disney Co. during his tenure.
"Tim has been instrumental in driving our strategy and teams, building the culture and organization upon which Scopely has grown into a global leader in mobile games, including the company's Studio Ecosystem, publishing model, and key IP partnerships with a diverse set of licensors," said Scopely co-CEO & Board Member Javier Ferreira in a press release. "We could not have accomplished what we have the last six years without him, and I am thrilled to formally have his voice on our Board."
O'Brien said it was too soon to know what the effect on COVID-19 would be on the company's upcoming performance, or whether users would be more likely to play video games during times when human contact is discouraged.
"We're continuing to follow the guidelines stipulated by core organizations in each market, including the CDC and the World Health Organization, and have already encouraged employees to work remotely when necessary," O'Brien said. "We also owe it to our players around the world to keep the experiences they love up and running -- a priority every Scopely employee is aligned on."
Last week, Scopely launched Scrabble Go, which O'Brien says will be a key driver of growth.
"It represents a new relationship with Mattel (who owns the rights to the Scrabble brand internationally) and deepens our relationship with Hasbro, our partner on Yahtzee With Buddies -- one of our most successful titles five years post-launch," O'Brien said. "The game reimagines a classic AAA IP that is widely beloved for a broad audience -- from competitive superfans to casual social players."
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What's going on with L.A.'s tech and startup community? A lot! dot.LA chief host and correspondent Kelly O'Grady takes you through the key points of the top five headlines. Don't miss out on the essential news you need to know:
- TikTok Faces Uncertainty from Both U.S. and China on Deal with Oracle
- GoodRx Shares Soar 50% on Wall Street Debut
- Have a Look Inside Amazon's First 'Smart' Grocery Store
- Leonardo DiCaprio Joins LA Venture Fund Struck Capital as Limited Partner
- GOAT's $100M Raise Fuels its Trendsetter Ambitions in a Casual Era of Ecommerce
You'll soon be able to take a rapid COVID-19 test before boarding a plane at Los Angeles International Airport.
Two design companies — one known for transforming shipping containers into pop-up businesses and homes, another that focuses on an eco-friendly approach to architecture — will erect modular COVID testing center at LAX by Nov. 1. New Jersey-based Clarity Labs will eventually staff those sites with technicians.
It's never been a better time to "murder your thirst."
Seven months after raising more than $9 million in Series A funding, Santa Monica-based canned water startup Liquid Death has raised $23 million in Series B funding.
The round was led by an unnamed consumer-focused family office and participated in by Convivialité Ventures, Fat Mike (NOFX), Pat McAfee, existing investor in Velvet Sea Ventures and others.


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Newspapers are maximizing the opportunities within their print audiences while growing digital audiences and engagement to develop a sustainable model for the future. See how newspapers are meeting that challenge including the report on Digital publishing metrics: What’s real?
All the opinion that’s fit to print: NYT app and cheaper subscription tier targets op-ed fans The New York Times has launched a standalone subscription option for just opinion content. NYT Opinion subscribers get full access to op-eds and editorials on the Times website
The Newsonomics of the Orange County Register’s Swerving All Over the Freeway Pity Aaron Kushner’s poor driving instructor. We can easily imagine the then-16-year-old’s driving inclinations as he first took the wheel. Heavy on the gas. Lightning quick on the brakes. The art of the teenage lurch. We’ve all been there — but few of us have gone on to own and run newspapers.
iWatch due in October with iOS 8, curved OLED screen, report says Apple allegedly planning 3-5 million units per month
Want to know what a reader’s reaction is after he or she reads an article or watches a video? A new annotation platform captures a reader’s reaction instantly with a click of the mouse. Readers can highlight a piece of text or click on an image, then select a reaction, such as “Love it!” “Not sure” or “Great idea!”
Austin-American Statesman activates its digital audience with day pass Cox moves to “One subscription. Total access.” model, enticing 55% of Austin American-Statesman subscribers to go digital and learning many lessons along the way.
Research shows if engagement is what it’s all about, print newspapers deliver A recent media and ad engagement study demonstrates the power of newspaper media. Print editions are the most engaging medium and have the highest advertising engagement, and newspaper Web sites easily outscore the Internet on both media and ad engagement.
The Day gets creative, data-driven about its audience engagement Day Passport programme is one of its strongest reader acquisition tools, putting the data captured to good use growing subscribers.
European newspapers search for ways to survive digital revolution From paywalls to web-only brands, media across the continent are belatedly looking at ways to make money as print sales plummet
News organisations face second wave of disruption Many traditional news companies are struggling with a second wave of digital innovation that threatens to sweep away the relationships they have enjoyed with readers and viewers for a century or more.
Study Finds Internet Not Killing Newspapers We all know that the Internet has killed the traditional newspaper trade, right? After all, until the general population started interacting with the web in the mid-90s, the newspaper business was thriving — offering readers top notch journalism and pages of ads.
Parade magazine said to be on the sales block Parade, the Sunday magazine, may be getting ready to march out of Advance Publications — the Newhouse family’s media empire.
Global digital news audience increased by 23% in 2013 According to the World Press Trends report, more people are reading the news than ever before – but news outlets need to improve audience engagement to make their businesses sustainable
Only about 10 percent of online readers pay for news Despite news organizations’ efforts to offer readers more ways to pay for digital news, only about 10 percent of online users worldwide are actually paying,
Indianapolis Star publisher: ‘We are not simply a newspaper company anymore’ The Indianapolis Star is moving to new offices in a downtown mall Sept. 8., leaving a building it has “called home for more than 100 years,
Digital publishing metrics: What’s real? The ecstasy of digital publishing is that it enables the granular measurement of everything from traffic to ad clicks. The agony is trying to figure out which metrics matter.


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Biodegradable PHB with nanoparticles resolves brittle problem
Polyhydroxybutyrate (PHB) modified with clay nanoparticles could be the next wave in the biodegradable plastics market. PHB, produced by bacterial action, is a rare example of hydrophobic polymer that is truly biocompatible and biodegradable with high melting temperature and crystallinity.
In a study scientists in New York report they have developed a new biodegradable “nanohybrid” plastic that can be engineered to decompose faster than the existing plastics used in everything from soft drink bottles to medical implants.
The new nano-engineered plastic might provide additional competition in a market that is ramping up to meet the demands posed by environmentally conscious consumers and EU waste regulations.
PHB has been widely hailed as a green alternative to petroleum-based plastic for use in packaging, agricultural and biomedical applications, state Emmanuel Giannelis and his two colleagues, who are engineering and food scientists at Cornell University.
However although PHB has been commercially available since the 1980s, the plastic has had limited use because of its brittleness and unpredictable biodegradation rates.
PHB, produced by bacterial action, is a rare example of hydrophobic polymer that is truly biocompatible and biodegradable with high melting temperature and crystallinity, they stated. “However, its strength and some other properties such as thermal stability, gas permeability, solvent resistance, and flame retardance are sometimes not enough for end use,” they added.
In the study, the scientists compared the strength and biodegradation rates of raw PHB to a modified form of PHB that contains nanoparticles of clay or ‘nanoclays’.
The scientists found that the modified PHB was stronger and decomposed faster than regular PHB. The nanohybrid PHB decomposed almost completely after seven weeks, while regular PHB exhibited almost no decomposition, they stated in a paper.


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Developers see the future of games on smaller mobile screens
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When King Digital Entertainment launched its eagerly awaited follow-up to the popular mobile game Candy Crush Saga, it looked far beyond Apple’s App Store to promote it.
Videos heralding the arrival of the Candy Crush Soda Saga blitzed 100m Facebook newsfeeds in a single day. TV spots aired in 20 countries and digital billboards were flooded with fizzy bubbles around the globe.
The multimillion-dollar launch illustrates that mobile gaming is no longer a poor relation of video games. Newzoo, a research company, forecasts that the mobile games industry, which it says has predicted global revenues of $30.3bn in 2015, is poised to overtake console games sales for the first time.
Underlining the transition, Newzoo said in a report that Apple’s forecast $4bn in gaming revenues — made from just hosting and selling other developers’ games, for which it takes a 30 per cent cut — is likely to be almost double Nintendo’s sales this year.
As mobile games have increased in sophistication, growing numbers of players spend many hours — and dollars — on addictive titles such as Clash of Clans, Minecraft and Game of War: Fire Age.
“The first wave of mobile games was simplistic — the gameplay was there but the polish wasn’t,” says Julian Farrior, chief executive of Backflip Studios, the mobile gaming company behind DragonVale and Seabeard, which is now majority owned by toymaker Hasbro.
But, Mr Farrior adds: “Over time, the polish has increased, the budget has increased and revenue expectations have increased.”
In the App Store’s early days, barriers to entry were low. But, as it has become harder to be noticed in an overcrowded market, promoting and distributing a hit game has become an expensive but important part of the marketing mix.
“It’s a very competitive market,” says Riccardo Zacconi, King Digital’s chief executive. “The ‘top grossing’ charts are very stable. It’s a handful of developers there and the conditions for succeeding are very hard.”
Despite this, King’s marketing drove Soda Saga to the top of Apple and Google’s app download charts globally for November. In its earnings report, King said it set a new quarterly record of 1.5bn average daily game plays in the three months to December.
But King has an advantage other games makers do not. As well as the external advertising, many people downloading Soda Saga did so because they saw an ad in the original Candy Crush game, which has been downloaded hundreds of millions of times.
Electronic Arts, a veteran console games maker, has franchises that are just as well known as King’s, including John Madden NFL football and Fifa Soccer. Even so, EA is only just starting to find its feet in mobile.
Andrew Wilson, EA’s chief executive, says the company had a “breakout performance” in mobile over Christmas, generating a “record” $121m in sales, up 25 per cent over the prior year.
Its rival, Activision Blizzard, whose Call of Duty and World of Warcraft franchises have dominated console and PC gaming, has been even slower to mobile.
In late 2013, Bobby Kotick, Activision’s chief executive, said there was nothing that had driven any sizeable amount of operating profit in mobile gaming. But in its recent earnings call, Activision’s chiefs admitted mobile and tablet gaming had “moved up on our priority list” after finding success with a Warcraft spin-off, Hearthstone.
Activision’s chiefs now say mobile gaming has ‘moved up’ their priority list
In the console world, developers create games and leave it to publishers, such as EA and Activision, to work with Sony, Microsoft and Nintendo on distribution. Mobile games are usually free, with revenue generated from ads or in-app sales.
“When you’re thinking about that transition, it isn’t wholly intuitive to console developers who are reliant on publishers for distribution,” says Mr Farrior. “In mobile, you own the distribution and the development of the piece. That’s . . . outside the comfort zone for traditional publishers.”
Another challenge for console developers is that mobile games are created and updated very differently. Console games are typically left unchanged, but mobile games, once on a device, can be updated almost constantly.
King, for example, adjusts the difficulty of Soda Saga’s levels every few weeks. The first “cohort” of players was looking for something more difficult than the original Candy Crush, Mr Zacconi says, while newer players want something easier.
Despite the different dynamics, Mr Farrior says mobile studios such as Backflip are hiring console games developers in much greater numbers. “We’ve had to hire truly talented experience, and the bulk of that experience was in shifting from console to mobile.”
Backflip is planning to use Hasbro’s brands and characters to help its games stand out. But even names that could include My Little Pony and Transformers are not enough to guarantee a hit in the mobile gaming world, Mr Farrior says.
“A brand is important, but a brand alone won’t get you there,” he says.
To succeed, he says, you need an “absolutely killer game”, with high retention and conversion from free downloads to paying customers. “You need to marry the good math with the good brand and have a really talented, aggressive user acquisition team.”
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Perion Network | April 04, 2023
Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary channels of digital advertising – search, social media and display / video / CTV advertising, today announced that it has seen growing adoption of SORT®, the company’s anonymous, privacy-driven breakthrough solution.
The scope of ESG initiatives is widening to include privacy, as consumers grow even more deeply concerned about how their personal data is collected, stored, and utilized. Perion’s latest survey of current SORT® users found that 67% of customers who responded think that privacy-safe solutions are very important to their brand image.
Having run on over 800 campaigns across all verticals and proving performance two times higher than traditional third-party tactics and three times the Google benchmark, SORT® is well positioned to play a vital role in the privacy ecosystem of the future, along with identity-based and contextual-based solutions.
More than 300 companies have leveraged SORT® since its launch, with momentum building, and recent clients include leading brands and NGOs such as Stop & Shop, Mercedes-Benz USA and UNICEF USA. Given that the “right to privacy” is the UN’s Declaration of Individual Human Rights, Perion was honored to have them adopt SORT®.
"There are a lot of claims about the effectiveness of privacy solutions, but the data to back that up is lacking. We conducted our survey to provide a fact-based analysis of our SORT® platform, and we are gratified that it confirmed our ability to deliver outstanding performance – most often better than cookies – without compromising users’ privacy. There is no doubt that the market for cutting-edge, scalable solutions for protecting consumer privacy will trend throughout and beyond 2023,” said Doron Gerstel, CEO of Perion. “As brands invest greater dollars in privacy-respectful solutions, we are confident SORT® will continue to attract new customers and outperform other solutions.”
“Stop & Shop is always working to ensure that we are ready for the cookieless future and that we were working with partners that were putting both privacy and innovation first,” said Shoshana Przybylinkski, Media Director, AMP Agency, the agency for Stop & Shop. “SORT®, Perion’s cookieless solution, continues to check all the boxes when it comes to easy activation and outperforming third party cookie tactics.”
SORT® enables advertisers to reach their audience at the exact moment they are most receptive to seeing an ad and can be applied on any impression or site with any format. Further, SORT® does not collect personally identifiable information (PII) and rather utilizes cookieless data points to inform decisions. The technology is certified cookieless by Neutronian, a leading data verification company, and has won several awards including the “Excellence in Online Advertising Artificial Intelligence” category for the 2022 MediaPost OMMA Awards.
For more information on SORT®, visit https://perion.com/solutions/cookieless-targeting.
About Perion Network Ltd.
Perion Network Ltd. is a global advertising technology company whose synergistic solutions are delivered across the three primary channels of digital advertising – ad search, social media and display, including video and CTV advertising. These channels are brought together by Perion’s intelligent HUB, which integrates Perion’s business assets from both sides of the open Web, providing significant benefits to brands and publishers.
For more information, visit Perion's website at www.Perion.com.
AD TECH AND MARTECH
ExchangeWire | April 13, 2023
Adlook, a brand growth platform for consumer marketers, is proud to partner with Adelaide, the leader in attention-based media quality measurement, to build a deep learning-powered AU-CPM buying model.
By infusing this new pricing model with placement-level media quality scores generated by Adelaide’s AU metric, marketers can optimise toward their attention goals and boost campaign performance at any cost per mille (CPM) level. This partnership makes Adlook the first demand-side platform (DSP) to offer guaranteed media quality using attention metrics, empowering marketers to get more from their campaigns, and reduce advertising waste.
This partnership will help resolve a major pain point for consumer marketers: quantifying media quality and its impact on business outcomes. Reliance on static, imprecise media metrics has led to an oversaturation of highly-viewable but low-quality placements in the market. Unable to discern true media value, advertisers are incentivised to prioritise inexpensive reach over quality media that offers the greatest opportunity for attention and impact.
Adlook’s new AU-CPM buying model solves this challenge by enabling marketers to guarantee media quality using Adelaide’s outcome-based attention metric, AU. Combined with Adlook’s deep learning, brands can now improve targeting without inflating CPM to maximise performance.
Adelaide’s AU is an omni-channel media quality metric representing a placement’s probability of attention and subsequent impact. It is generated by a machine learning algorithm trained to proxy full-funnel outcomes from awareness to sales. This past year, Adelaide conducted an analysis of nearly 40 case studies demonstrating how AU has helped advertisers achieve an average of 31% upper-funnel and 56% lower-funnel lift compared to traditional metrics.
“Combining AU with our existing deep learning technology is a game changer for consumer advertisers,” explained Luca Filardo, global head of solutions management. “We can now help advertisers optimise against user attention while routing advertiser budgets to high-attention placements, driving brand growth, and improving exposure. This will help marketers connect with the right audiences, and consumers find products they’ll love. It’s a win-win. In the end, marketers will only pay for targeted levels of attention to ensure their budgets yield maximum exposure and brand recognition.”
“This partnership with Adlook advances our mission to establish a more fair and transparent market where publishers are rewarded for high-quality media, and advertisers can ensure they’re driving predictable business outcomes,” said Marc Guldimann, CEO of Adelaide. “Using outcome-based metrics like AU as the basis for media quality in contracts realigns buyer and seller interests around media quality rather than quantity or cost. We’re thrilled to partner with Adlook to make a positive impact and look forward to continued innovation.”
Adelaide is a leader in the rapidly growing field of evidence-based media quality measurement. Adelaide’s attention-based metric, AU, helps advertisers make better media investment decisions. AU is an omnichannel metric that evaluates thousands of signals to predict a placement's propensity to capture attention and contribute to more efficient outcomes. Since 2019, Adelaide has enabled the world’s top brands to understand media quality across their entire media spend and uncover valuable optimization opportunities to reduce waste and drive better results. Named after the global epicenter of evidence-based marketing in southern Australia, Adelaide is headquartered in New York City.
AD TECH AND MARTECH
ExchangeWire | March 23, 2023
Equativ, the leading independent ad tech platform, and Seedtag, the leader in contextual advertising, announce today (March 21st, 2023) the extension of their global strategic partnership into Equativ’s curation offering. Seedtag has selected Equativ’s curation platform to enrich its contextual targeting solution with the power of Equativ’s targeting capabilities and premium ecosystem. The common goal of this partnership is to empower buyers to engage with relevant audiences across brand-suitable premium content with full respect to their data privacy.
Building on Equativ’s curation offering, advertisers will benefit from Seedtag’s contextual AI solution LIZ© that leverages the power of machine learning to provide a human-like understanding of content to deliver precise targeting in a cookieless environment. This is an important advantage as third-party cookies and identifiers are set to disappear. Through this integration into Equativ’s curation platform, Seedtag will be able to create a 100% cookieless contextual marketplace enabling advertisers to drive campaign performance and brand recognition through brand-suitable ad placement across high-quality cross-publisher inventory. This partnership also allows buyers to run private marketplace (PMP), programmatic guaranteed (PG), and direct deals via Equativ with access to Seedtag’s exclusive inventory to deliver ads in the right place.
In addition, Seedtag is renewing its existing partnership with Equativ as its primary SSP after a successful four-year collaboration spanning several European markets specifically in Spain which saw a more than 100% revenue increase in Q1 2022 compared to Q1 2021.
Ingrid Couasnon, EVP EMEA at Equativ, comments: “We are pleased to extend our global strategic partnership with Seedtag. The integration of their unique contextual AI capabilities into our curation platform will support the creation of closer relationships between buyers and sellers. In the face of the end of third-party cookies, it is critical that we offer privacy-first, transparent, and effective solutions to media buyers everywhere."
Grego Martínez, VP of product at Seedtag, states: "Over the past few months, we have been working on developing a tool that would allow us to connect our contextual capabilities with Equativ's curation platform. As a result, we have established a solid partnership and have made our contextual signals, created by Seedtag's contextual AI LIZ©, available in a 100% cookieless contextual marketplace. We are excited about this partnership and will continue to work to deliver a scalable, efficient, and privacy-first solution that enables advertisers and publishers to expand their business"
Equativ is the new single name for Smart Adserver, DynAdmic, and LiquidM — three proven innovators in advertising technology. The vertically integrated company provides brand and privacy-safe solutions that empower its clients to achieve maximum impact while respecting the rights of consumers. The union combines client expertise and engineering excellence to serve the interests of both the supply-side and demand-side with equal professionalism and technical sophistication. Headquartered in Paris and New York, Equativ operates globally. Equativ offers the market its own independent ad server, SSP, buyer tools, and media services to fulfill the promise of advertising technology.


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US Test Drive Research Across Europe and Asia, TrackBack has unrivalled intelligence showing how well dealers follow-up and convert test drive enquiries provided by their OEMs, with over 7-million leads processed for many of the world’s largest brands. We wanted to compare this performance to the USA, acknowledged as leaders in customer service across many […]Continue Reading »
The UK is known as one of the most competitive sales markets in Europe for vehicle registrations. It is maybe surprising, therefore, that the eleven vehicle marques using TrackBack’s lead-tracking service in the UK are outperforming their competitors by a substantial margin. The SMMT’s latest registration figures show that OEMs using TrackBack have experienced a […]Continue Reading »
Vehicle brands using TrackBack’s lead-tracking and reporting platform outperform the UK market with 10.3% sales growth.
SMMT reports UK car market growth of 5.3% in March. TrackBack’s clients report an even more impressive 10.3% growth in vehicle registrations during this period. The UK’s new car market grew by 5.3% in March, making it the biggest ever month since the bi-annual plate change began in 1999, according to figures published by the […]Continue Reading »


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The first Kodak moment of 2014
Remember the carefree, innocent days of the first quarter of 2013? Everyone was at the movies watching Identity Thief, or tuning in their radios to novelty hit "Thrift Shop." And over at Eastman Kodak Co., life was in flux as it still was deep in the midst of its Chapter 11 bankruptcy, cutting costs and selling off assets and otherwise trying to slim itself down.
Tuesday, Kodak gives its first look behind the financial curtains for 2014 as it comes out with its quarterly results for the first three months of the year. Such quarterly reports are priceless to the investment community as a snapshot of how a company actually is performing vs. the "We expect growth and good times ahead" rhetoric that's commonplace. But the challenge in Kodak's case will be comparing today's Kodak with that Kodak of a year ago. In the first quarter of 2013, Kodak actually made a nice profit thanks to the $530 million it got for selling a big batch of digital imaging patents. It also spent $120 million that quarter - $58 million in lawyer and accountant and consultant fees alone - on various costs tied to its bankruptcy.
So what should we expect in the first quarter of 2014?
For one thing, probably yet more declining sales. The company basically said so earlier this year, when it put out its 2014 projections. 2012 saw revenues of $2.35 billion. For 2014, Kodak said expect more along the lines of $2.1 billion to $2.3 billion.
For another, though the company has shed a lot of costs in the course of its bankruptcy, such as what it was spending on retirees' health care, the ship likely not righted yet. The company said 2014 "will be a year of continuing transition with substantial revenue and profitability growth in strategic technology businesses offset by earnings declines in mature businesses" - which has basically been its business model for close to a decade.
Kodak ended 2013 with operational EBITDA - one measure of profitability that doesn't count certain expenses such as taxes and depreciation - in the black to the tune of $160 million. For 2014, it's predicting operational EBITDA of $145 million to $165 million.
If Kodak's 20-month Chapter 11 bankruptcy was a big transition from the old traditional Kodak to one with a lot of the bloat (and quite a bit of meat) cut out, think of 2014 as a transition from that transition. New CEO Jeff Clarke started in March, so any fruits of his labors (or blame for his performance) won't come for months. And even comparing new Kodak to old becomes tricky, given that the first quarter of 2013 was this artificial bubble of time in the midst of Chapter 11 bankruptcy. But Tuesday's results hopefully will at least give some insight into what the new Kodak - unfettered from so many big legacy costs - looks like on its own two feet.


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A strong turnout of international buyers at the 86th edition of Milan footwear trade show Micam has cemented its place as the must-attend shoe exhibition in Europe, as UK brands took the opportunity to meet continental buyers before Brexit.
4 August 2016 By Gemma Goldfingle, Illustration by Harry Haysom
Personalisation is the buzzword of the moment in retail. However, most in the sector are taking their first steps into the unknown in this field. Drapers looks at how you should start developing your strategy.


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Reliance Energy customers may get cash back using PayTM
Mumbai: Reliance Energy on Tuesday announced an exclusive offer for consumers paying power bills through PayTM with a daily lucky draw of cashbacks for a month starting November 15, an official informed.
The offer, in line with the company’s commitment to the ‘Digital India’ initiative, can be availed by using promo code REL1000 to pay bills through PayTM website or app, said a company spokesperson.
The daily lucky winners (till December 15) would get a cashback that would be added to their PayTM wallet after the bill is paid. The offer is available for all existing and new customers whose minimum billing is Rs 1,000.
“We have joined hands with PayTM as part of our commitment to bring world-class service experience to our customers. Through PayTM, Reliance Energy customers can make their electric bill payments using the mobile wallet platform from their homes or offices while getting exclusive cashback benefits,” the spokesperson added.
The company said it has recorded an unprecedented 35 per cent of its payments through online and mobile modes.
As the country’s biggest private sector discom, it has worked continuously to grow its cashless component of payments by collaborating with PayTM, PayUmoney, Freecharge, BillDesk, and UPI-based Phonepe, to enable a cashless, digital and hassle-free payment experience for the consumers.


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Bell and Telus quickly reject consumer group complaint on Crave TV to CRTC.
Bell and Telus have wasted no time in responding to consumer group complaints about Crave TV, the recently launched streaming service that’s available only to TV subscribers of the two firms and a few others.
The two companies on Friday filed requests with the Canadian Radio-television and Telecommunications Commission to throw out a complaint lodged just a few days earlier by the Public Interest Advocacy Centre and the Consumers’ Association of Canada.
According to the Canadian Press, Bell and Telus say the complaint – which is asking the regulator to make Crave TV available to all Canadians – is “frivolous and vexatious.”
The consumer groups “fail to address how Crave TV is any different from the many conventional, specialty and pay services which also make their content available on-demand and on multiple platforms to authenticated subscribers of their linear services.”
It’s not clear why Telus has thrown in with this argument, given that Crave TV is owned solely by Bell. Maritimes cable provider Eastlink also carries Crave TV, but its name isn’t on the rebuttal.
That notwithstanding, it’s also curious that Rogers and Shaw haven’t yet officially responded to a similar complaint made by the consumer groups at the same time about their joint streaming venture Shomi.
It’s entirely possible and perhaps even likely they will follow Bell and Telus’s lead and request their complaint get tossed too. But what if the cable companies are thinking something different?
Rogers and Shaw have been clear in labelling Shomi a “beta” service, a status executives say it will shed within its first year. Everyone involved has also repeatedly said they would like to make the service available to as many Canadians as possible.
The Shomi website also allows non-Rogers and Shaw customers to sign up to be notified when the service becomes available to them.
Shomi executives could not be reached over the long weekend. Marni Shulman, head of content and programming, has previously noted there are several big-name streaming services in the United States, including Netflix, Amazon and Hulu.
Netflix is already entrenched in Canada and it could be just a matter of time before the other two head north. Canadian companies therefore have a limited window within which to establish their brands. Selling to just their own limited batch of customers may not be the way to do that.
“Watching trends out of the U.S., we know consumers subscribe to more than one service,” Shulman says. “But I don’t think there will be room in Canada for too many more larger services like Shomi or Netflix.”
In light of all this, there are reasons to believe Rogers and Shaw may not follow the confrontational path of Bell and Telus. The cable companies may very well respond to the consumer groups’ complaint by voluntarily throwing the doors open on Shomi, perhaps sooner than they planned.
In that event, Netflix would finally have a full, Canadian-owned competitor. That would be good for content creators and consumers alike.
The speed with which Bell lodged its reverse complaint with the CRTC is a good indication that the company has no interest in making Crave TV available to non-television subscribers.
But if Rogers and Shaw head in the opposite direction, the Vegas odds are pretty good on that changing quickly.


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Capgemini in cooperation with the Georgia Institute of Technology, Oracle and DHL, released a study last month looking at the current state of logistics outsourcing.
Base on a survey of about 1,600 logistics executives from around the world, the study found that 98 percent of respondents said green supply chain initiatives are essential for future business success. However, the study also found that the majority are unwilling to invest additional funds in green supply chain. Only 46 percent of respondents said that the effect of supply chain operations on the environment was a factor considered when selecting a 3PL.
Although the survey shows that 3PLs and their users believe the associated costs of creating a more secure, integrated, environmentally-friendly supply chain should be split, there is continued resistance to collaboration and the unspoken assumption that costs will ultimately be carried by the customer.
“The greatest shared challenge is that of forming and growing successful collaborative relationships between users and providers of logistics services. Without a commitment from both sides little progress can be made in the greening of the supply chain and supply chain security. “ said Dr. John Langley from the Georgia Institute of Technology.
In October, a report by Northeastern University and Penske Logistics found that green efforts are insignificant in winning or keeping 3PL business.


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Nordic Hotels and Resorts opens renewable energy hotel in Oslo
NORWAY: Nordic Hotels & Resorts has opened its latest luxury hotel in Oslo which will run entirely on renewable energy.
Singapore hotels on sustainability journey in course partnership
SINGAPORE: Agoda, the digital travel and booking platform, is teaming up with the Global Sustainable Tourism Council (GSTC) to help create sustainable tourism practices for hotels.
Hilton updates ESG targets in sustainability push
WORLDWIDE: Hilton has updated its ESG targets from four years ago to focus on more ambitious goals to drive sustainable operations.
Radisson RED opens sustainable design hotel in Oslo
NORWAY: Radisson Hotel Group has opened a sustainably certified hotel in the heart of Norway’s capital.


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The company didn't give many details about the screen issues found with its Galaxy Fold phones.
The carrier’s total revenues increased by 6% year-over-year to $11.1 billion, and it reported net income for the quarter of $908 million, up 35% year-over-year.
Verizon’s first-quarter 2019 results were mostly a mixed bag in the wireless division, with the operator reporting 61,000 retail postpaid net additions and a…
Also today, Ericsson announced with Swisscom that they have switched on the first large-scale commercial 5G network in Europe.
Samsung said its profits for the first quarter of 2019 will likely be 60% lower than in the first quarter of 2018.
Intel has tapped Qualcomm’s George S. Davis to serve as EVP and CFO.
Verizon plans to roll out its mobile 5G service in Chicago and Minneapolis next month with a $10 add-on price tag.
When an AT&T technician climbs a tower for FirstNet, that technician can also install hardware that can be upgraded for 5G via a software update.
Competition in India's wireless market is red hot.
A worst-case trade scenario between the U.S. and China may have a profound impact on the economy and many companies in the tech-verse.


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NOVATO, Calif. (CBS.MW) --A narrower-than-expected first-quarter loss may give shares of Inktomi a boost Friday.
The software developer (INKT) inkt posted a loss of $6.4 million, or 24 cents a share, handily beating First Call's consensus estimate of a 30-cent loss.
A year ago, the company reported a loss of $4.3 million, or 25 cents.
Inktomi said first-quarter revenue increased 343 percent to $10.7 million from $2.4 million last year.
Some factors fueling the company's performance include adding some leading Internet companies to its customer base, expanding distribution worldwide, and building key relationships.
During the quarter, the Inktomi search engine began servicing queries for Internet media sites such as America Online (AOL) aol , GeoCities (GCTY) GCTY, +0.00% and the Microsoft Network (MSFT) MSFT, +1.05% .
Inktomi said its search engine processed about 1.8 billion queries during the quarter, an increase of 33 percent over the prior quarter. See press release.
"We look forward to building on this base in the next quarter as we solidify our position as the company that is focused on 'scaling the Internet,'" said David Peterschmidt, Inktomi's CEO.
Inktomi also reported that during the quarter it teamed up with Centraal, creators of the RealNames web page addressing systems. The agreement enables customers to find companies and brand names on the Internet.
Ahead of the news, shares of Inktomi rose 1 5/8 to 158 1/2.
Based in San Mateo, Calif. Inktomi develops and markets software designed for Internet and media companies.


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Michael Giampa envisions a downtown Gulfport with clothing boutiques, loft apartments and an assortment of restaurants and coffee shops. The young entrepreneur is not only talking about downtown's future, he's investing in it. His "27th Avenue Bistro" joins a growing list of new businesses downtown.
The new restaurant fills the lower level of a historic building downtown. Michael Giampa says the grand opening of his new restaurant shows the potential for revitalizing other vacant spaces downtown.
"In the past, I feel it's been very difficult to obtain space in these buildings. Now, the people that own them, instead of trying to sell the entire building, they're looking to lease out the bottom floors," Giampa said.
The new bistro will cater to both downtown business people and casino workers. Giampa says defining success will mean overcoming certain perceptions about downtown.
"There's plenty of room for parking. Everybody says there's no parking. That's not the case. There's plenty of room for parking. Eventually we're going to have to do something to increase the parking but right now there's no problems. And it's a very safe neighborhood."
Owners of the "Mississippi Made Marketplace" decided to take a chance on downtown Gulfport. The gift shop opened last August. Business is steady and the addition of other merchants encouraging.
"There's more stuff coming into downtown everyday. New restaurants opening. New businesses opening. And it's just going to get better from here," store manager Chad Lightsey said.
Gulfport merchants say they are expecting a significant boost in downtown business when the new federal courthouse opens next summer.
"It's also going to bring people from the outside. And once they get here they're going to see what a nice environment that it is and we do have restaurants. We do have nice businesses," Giampa said.
Response to these new businesses will help determine the potential and success of downtown Gulfport.


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Just a few short months ago, brand marketers were feeling the heat to bring their companies into Web3 with lightning speed.
Today, cooled by the “crypto winter,” some may be thinking it’s time to put those plans into a deep freeze.
That would be a mistake: The current detour on the path to a mainstreamed Web3 in general, and metaverse in particular, presents an outstanding opportunity. Here’s why.
While others are pronouncing the demise of crypto, those who honor the history of transformative technologies know it’s early and detours are to be expected.
In 2000, Amazon shares lost 80% of their value. Headlines like “Amazon.com: How the internet’s biggest success story turned sour” littered newspapers and the scarred Internet.
Amazon’s founder, Jeff Bezos, was undaunted. “Ouch. It’s been a brutal year,” he wrote to shareholders. And after a slew of data points defending the health and promise of the business, concluded: “As the famed investor Benjamin Graham said, ‘In the short term, the stock market is a voting machine; in the long term, it’s a weighing machine.’ Clearly there was a lot of voting going on in the boom year of ‘99 – and much less weighing. We’re a company that wants to be weighed, and over time, we will be.”
The rest, of course, is history.
As we now know, the presumed death of the Internet (the “dot.com bubble”) turned out to actually be what is referred to in technology adoption as “the chasm” – or that murky period during the transition between early adoption and mass adoption.
Today, it’s not hard to view the current state of Web3 in similar terms. While there are headlines aplenty around the imminent demise of crypto and jabs from late-night comedians, there’s also an extraordinary amount of smart money behind blockchain technologies … an incredibly passionate community of entrepreneurs, developers and investors … and the foundation is in place for an explosive wave of innovation.
Make no mistake about it: while crypto may be a speculative investment asset, blockchain is a proven, transformative technology that’s here to stay. So backing off now is no more than a surrender of critical time.
While others are “in hibernation,” brands can now be thoughtfully creating their use cases, strategic plan, and testing roadmap.
As is often heard on Wall Street, be fearful when others are greedy, and greedy when others are fearful. So while sentiment may have shifted for the time-being, thus tempering the urgency to do something, savvy Web2 brands are leveraging the fear-driven pause to get smarter on Web3, build their business cases and strategies, and develop a testing roadmap to validate (or not) their hypotheses.
Key starting point for that, of course, is to have insightful AI data. For example: how are prospects and current customers currently engaging in Web3? What are their expectations for your brand? Where can you drive incremental revenue … and exponential growth?
One way to get that data is with a an on-chain analytics company like Chainalysis or Coin Metrics. Likewise, Absolute Labs, a “Wallet Relationship Management (WRM), can provide insights, identify actionable segments, and build communication flows to test their viability and gain critical learnings.
It’s not just about being first. It’s about being better.
While some Web2 companies are looking to shoehorn Web3 into their existing go-to-market strategies, innovative marketers can create new ways to entice, engage and enrich their prospects and customers.
Spirits brands, which have long marketed on-premise (bars and clubs) and off-premise (retail), now have an entirely new “playground” – in the metaverse, or “in-verse,” if you will.
Sports marketers, which have long engaged their fans with heavy doses of passion can now literally make them tokenized owners of their clubs and franchises – thus, quite literally, deepening their sense of investment and loyalty.
Apparel marketers, which have long leveraged iconic personalities to elevate their brands in the minds of their consumers can now “outfit” those consumers directly and make them iconic personalities in their own right.
Automobile marketers, which have long been dependent on TV and web video to create lust for their latest model-year offerings, can now airdrop invitations to enticing videos, vintage collectibles, and virtual test drives.
And that’s just the tip of the iceberg. Incredible opportunities like these are “generational” and, of course, take time to plan and execute.
So, yes, the time to build your Web3 presence is now. It’s estimated that there are 100 million crypto wallets today, about 1% of which own NFTs. Similar estimates point to 1 billion wallets by 2031.
Chances are good that, five years from now, we’ll look back at the 2022 crypto winter as a pothole on the road to marketing transformation. Brands that get ahead of the curve now will most certainly go faster and get farther than their competition.


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As Day 6 of the women’s spring collections dawns today, we’re getting a look at Jennifer Lawrence‘s duds. The face of Dior, 26, opted for a pair of cuffed, low-rise boyfriend jeans, according to People, which reports:”She paired her denim digs with a sheer black tank top over a ‘Christian Dior’ printed bralette, black leather jacket and sling-back black heels with white ‘J’ADIOR’ bows.”
Sony Pictures early today released the first trailer to the movie starring Jennifer Lawrence and Chris Pratt, where they unexpectedly wake up 90 years early during a 120-year-long journey to an interstellar colony aboard a 5,000-plus passenger spaceship. Here’s the 2:42-minute trailer:
The film, for which Lawrence, 26, is getting paid a whopping $20 million, is generating buzz because it includes her first on-screen sex scene.
Pratt, 37, is perhaps best known for the big screen’s “Jurassic World” last year and television’s “Parks and Recreation” comedy series.
“Hunger Games” distributor Lionsgate is having another garage sale.
With auction company Profiles in Courage, Lionsgate plans to sell to the highest bidders more than 200 props, set pieces, and costumes worn by the movie franchise’s stars, including Jennifer Lawrence, Josh Hutcherson, and Elizabeth Banks.
Entertainment Weekly says the items up for bid are from all four Hunger Games films, including full Peacekeeper uniforms, the contestant wetsuits from “Catching Fire,” and combat ensembles worn by Lawrence and Liam Hemsworth. Here’s one costume worn by Lawrence’s Katniss Everdeen character, a disguise robe from “Mockingbird– Part 2,” with a pre-sale estimate of $2,000 to $3,000:
Passengers is about a 5,000-passenger luxury spaceship on a 120-year journey to an interstellar colony. Lawrence, 26, and Pratt are unexpectedly awakened 90 years too early. Romance and Lawrence’s first on-screen sex scene follow — all of which she’s getting $20 million to act out. Pratt, 37, is perhaps best known for 2015’s “Jurassic World” and “Parks and Recreation.”
If Lawrence, 26, were a Kentucky county based on annual income, she’d be a brand new one — nudging back Owsley ($37 million total) and making Robertson ($24.6 million) a No. 121, according to the latest available Census data. Owsley (pop. 4,755) and Robertson (2,282) are in historically impoverished eastern Kentucky.
Here in Jefferson County, the actress’s $46 million paycheck is strikingly big from a different perspective.
Imagine everyone got paid once a year, and stood in line at the bank to deposit their paychecks at one of two teller windows. Lawrence could stand in a line all by herself to deposit one huge, oversized check, like you see in Publishers Clearing House TV commercials. And 1,738 other people earning the county average $26,473 a year would stand in one very long line for the other teller. It would take their combined earnings to equal Lawrence’s $46 million.
Oscar-winning Louisville native Jennifer Lawrence has been a spokesmodel for Christian Dior since 2012. The legendary French fashion house just released photos for its newest campaign for a fresh line of Diorever bags. (How much are they? Keep reading.)
Lawrence, 26, just named the world’s highest-paid actress ($20 million alone for December’s sci-fi thriller “Passengers”), says the bags are “chic, stylish and cool,” according to Women’s Wear Daily. Photographer Patrick Demarchelier shot the fall campaign in a New York studio, the trade site reports, with minimal props, gray walls and slanted light casting shadows on Lawrence’s prominent cheekbones and off-the-shoulder cable-knit sweaters.
Unless Boulevard’s crack fashion editors are mistaken, Dior describes the bag immediately above as one in Midnight Blue prestige calfskin, with the following details:
Reversible flap in Imperial Purple smooth calfskin, Cannage topstitching.
Can be carried in the hand or on the shoulder.
Dimensions: 30 x 23 x 16 cm, approximately 12 x 9 x 6 inches.
What do they cost? If you have to ask . . . actually, you’ve come to the right place! Boulevard believes these are priced around $3,400. Each. That’s according to Spotted Fashion.
But it’s not a Kelly bag
The ladies who lunch in Anchorage, Glenview, Prospect, and other luxe local redoubts will tell you the famous Hermès bag is the only way to go. Once known as the “Sac à dépêches,” it earned its better-known name after another actress, Grace Kelly, gave it a cameo role in an Alfred Hitchcock film. The backstory, according to Wikipedia:
“In 1954, Hitchcock allowed the costume designer Edith Head to purchase Hermès accessories for the film ‘To Catch a Thief,’ starring Grace Kelly. According to Head, Kelly ‘fell in love’ with the bag. Within months of her 1956 marriage to Prince Rainier III, the pregnant Princess of Monaco was photographed using the handbag to shield her growing belly from the paparazzi. That photograph was featured in Life magazine.”
Naturellement, you won’t see Lawrence carrying anything near the paparazzi but Dior. Still, given her eye-popping salary, she could well afford any number of Kelly bags, which this year sell for between $10,000 and $20,000-plus.


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By: Jeremy Herron
Regional and national newspaper publishers, already staggering with a drop in ad revenue more severe than the industry has seen since the Great Depression, say the second half of 2008 may be even worse.
Three publishers — McClatchy Co., Lee Enterprises Inc. and E.W. Scripps Co. — reported Thursday that their profits had fallen by nearly half in the second quarter compared to last year.
They joined industry heavyweights New York Times Co. and Gannet Co., which reported earnings Wednesday and last week, in saying double-digit drops in ad revenue were most to blame for plunging profits, though rising costs played a role too.
All five publishers said ad revenue fell fastest in June, and most said July is looking as bad or worse.
“It really shows we haven’t yet reached a bottom for revenue declines,” said Mike Simonton, a media analyst with Fitch Ratings.
Also Thursday, new government unemployment figures and housing market data from the National Association of Realtors offered gloomier portraits of the economy than expected. All the reports buffeted an industry reeling from almost daily announcements of layoffs and other cost-cutting measures that continued this week.
Thursday afternoon, The Copley Press Inc., parent company of the San Diego Union-Tribune, where the work force was cut 10 percent this year, announced it was exploring a sale. Executives cited the impact of the housing slump and falling ad revenue as the two main factors in the company’s decision.
E.W. Scripps, the newspaper and broadcast TV company, which spun off its Internet and cable divisions on July 1, warned Thursday that its third-quarter earnings would fall short of analysts’ expectations. After it reviews the fair value of its assets, the company said, it may post a non-cash charge to reflect how far the value has fallen.
Rich Boehne, chief executive of E.W. Scripps, told analysts in a conference call the company was surprised at the severity of the economic downturn, especially in California and Florida. Those two states have been slammed by the housing slump, and national home sales data released Thursday showed the market worsened last month.
E.W. Scripps, in its final combined earnings report, said newspaper revenue fell 13 percent, to $144 million, and profits dropped to $16.3 million. It expects another 13 percent to 15 percent decline in newspaper revenue in the third-quarter.
In contrast, its online and cable operations, now separately known as Scripps Networks Interactive Inc., saw ad revenue rise 13 percent in the second quarter and profits rise nearly 10 percent.
McClatchy Co., whose papers include The Miami Herald and The Sacramento Bee, said Thursday the market for ad spending will not improve until the current economic slump abates.
“Whether revenues improve from recent trends depends upon the direction of the overall economy,” Chairman and Chief Executive Gary Pruitt said in a statement.
The Sacramento-based publisher’s second-quarter earnings tumbled 44 percent as ad revenue continued to shrink in the company’s key markets. Net income slid to $19.7 million. Adjusted to exclude one-time items, the profit fell to $17.3 million, or 21 cents per share, matching the average estimate of analysts surveyed by Thomson Financial.
Revenue dropped 16 percent to $489.7 million and missed Wall Street’s projection of $495 million. Advertising revenue fell 17 percent, circulation revenue 5 percent.
Ad sales “continued to be hurt by the weak economy and the secular shift in advertising to the internet,” Pruitt said.
The earnings decline was more pronounced at Lee Enterprises Inc., where profit tumbled 87 percent to $2.8 million, or 6 cents per share, in its fiscal third quarter. Excluding one-time charges, partly to write down the declining implied value of its newspaper brands, Lee earned $12.6 million, or 28 cents per share, down 44 percent from the third quarter of 2007. Revenue fell 8 percent to $256.4 million. Davenport, Iowa-based Lee counts the St. Louis Post-Dispatch among its 50 daily papers.
Each publisher reported the sharpest ad declines in classifieds, with job ads faring worst as employers cut hiring. Data released Thursday showed a bigger-than-expected increase in jobless claims for the last week.
While the economy is a major factor hurting advertising, the revenue won’t magically reappear when the economy recovers, analysts said.
“The pressure from the shift toward Internet advertising makes it unlikely that classified and other categories will rebound in an upturn,” Simonton said.
He praised McClatchy’s and Times Co.’s hikes in online ad revenue beyond 12 percent of total revenue. In addition to trimming costs, the publishers’ strategy, to varying degrees, has been to invest in increasing online ad sales.
But Simonton said even the best online ad growth rates seen so far won’t offset the decline in print advertising.
McClatchy is eliminating 1,400 jobs, or about 10 percent of its staff, and said Thursday that its board will review the company’s dividend policy when it meets this quarter.
The Times Co. announced 100 newsroom layoffs at its flagship paper this year. Smaller newspapers around the country, including most recently the Santa Fe New Mexican and Portland Press Herald, are also cutting scores of jobs, while The Los Angeles Times, owned by Chicago-based Tribune Co., is trimming 250.
It was Tribune CEO Sam Zell who — during a talk Tuesday with staffers nationwide — reportedly likened the current advertising downturn to the impact the industry felt from the Great Depression, though he implied that his company wouldn’t see many more cuts.
The major costs hitting publishers are in distribution and newsprint. Scores of papers have reduced their newsprint consumption, by trimming the number or size of pages they print, to offset prices that have jumped in the past year. Media General Corp. and McClatchy both said they expect still higher newsprint prices in the second half.
More papers are also seeking distribution agreements to help with rising fuel prices. The New York Post and New York Daily News, fierce tabloid rivals, said even they are exploring a cooperation agreement with The Wall Street Journal, which is owned by News Co., along with the Post.
“It is difficult to remove a commensurate level of costs to keep up with the pace of advertising revenue declines,” Simonton said. “There is enough uncertainty that we are pretty cautious about the rest of the year.”


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In advance of the long Thanksgiving holiday weekend, Chad White, research director and email expert for marketing software company Responsys and founder of the Retail Email Blog, which monitors the email marketing campaigns of more than 100 top online retailers, offers the following holiday email marketing predictions:
Beyond their inspiring designs, the 20 emails highlighted in the recently released "2010 Email Design Look Book" from Responsys reveal several key trends in email design and strategy. I've chosen to highlight the following four:
A record number of online retailers sent promotional email on Black Friday and Cyber Monday this year. But that's only part of the story. Here are three below-the-surface trends:
The welcome e-mail is probably the single greatest opportunity e-mail marketers have to engage subscribers and drive action. Welcome messages generate superior open rates and, when done well, create a halo effect that boosts subscribers’ engagement with subsequent promotional and trigger e-mails.


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Despite their prevalence in traditional diets and traditional usage worldwide, the vast majority of phytonutrients in the plant kingdom remain unexplored.
Danone North America has entered a new partnership with Brightseed, a biosciences company and developer of a unique artificial intelligence (AI) that maps novel plant nutrients to human health. Brightseed’s proprietary AI identifies nutrients and validates their impact so these can be used to support the body’s natural defenses. The company is now working to identify potential molecular connections between certain compounds present in Danone’s raw soy and newfound health benefits previously unlinked to the crop.
“Phytonutrients are tiny molecules found in plants that promote human health, including anti-inflammatory, cardioprotective and neuroprotective activities. They are so powerful that two-thirds of small-molecule medicines developed for human health are originally derived from them. However, only 1 percent of these plant molecules have been identified and applied for health purposes,” a spokesperson of the partnership tells FoodIngredientsFirst.
Brightseed’s AI maps phytonutrients to specific human health targets, and the Brightseed team aims to validate new findings with biological and clinical trials. “In addition to novel discovery and deep exploration on the health benefits of a single ingredient, we partner with companies to provide detailed crop nutrition profiles, analyze existing supply chains and waste streams, and identify natural alternatives to synthetics,” the spokesperson details.
Beginning with soy, Brightseed’s AI maps phytonutrients to specific human health targets, and the Brightseed team aims to validate new findings with biological and clinical trials.“The academic community sometimes refers to this space as the ‘dark matter of nutrition.’ That’s where Brightseed comes in; a computational approach results in far more potential discoveries made substantially faster than by human researchers, and the bioactivity of each discovery is scientifically and clinically validated in-house. Brightseed will empower consumers to make smarter decisions around which products best support their health goals, with tangible science to back it up,” they add.
The nascent partnership is multi-phased and is pegged as pioneering scientific discovery of the health benefits in key plant-based ingredients, beginning with soy. The data collected can inform on what soy crops and varieties are more nutrient-dense or have unique health bioactives to leverage “superior” varieties in the company’s products using its proprietary and clean extraction process.
“The scientific community is aware of approximately 100,000 plant molecules and what they can do for human health. However, there are millions more out there,” says the spokesperson. “Brightseed is on track to map the entirety of the plant kingdom within five years, so that we can precisely understand which are most valuable to consume for our health. We partner with mission-aligned brands to make and bring discoveries to market.”
The Danone-Brightseed partnership comes at a moment when health and wellness are at the forefront of the consumer mindset, and the plant-based revolution is in full swing. Additionally, consumer preferences have evolved as more flexitarians and dairy lovers are including more plant-based options into their daily routines.
Last April, the “urgent need” for renewed public debate about new breeding technologies was flagged by agricultural economists at the University of Göttingen in Germany. While advancements in the past have been successful at increasing farming yields, the scientists note that more research is needed in addressing the endemic micronutrient deficiencies that still exist.
In February, seed breeding specialist Equinom closed its Series B round of funding of US$10 million, led by BASF Venture Capital. Using the new capital injection, the Israeli start-up aims to expand its novel cross breeding method of plant seeds, which raises a crop’s protein content and tailors its organoleptic properties to the specifications of a particular company.
A growing focus within the scientific community on elevating the nutritional profiles of traditional crops comes in line with consumer demand for better-for-you products. Looking ahead, agri-food businesses can expect further strides to be made in this dynamic space.
By: Benjamin Ferrer
Source: Food Ingredients First
Schumacher will replace Alan Jope, who announced his decision to retire last September, less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.
Globally, plant-based ice creams have doubled their share of the market over the last five years, according to Tetra Pack. Pea protein and coconut milk are leading the way, but Tetra Pak cites data showing that oat-based ice cream launches have doubled in the previous year.
A myriad of so-called eco-labels are being rolled out across various F&B products, but with no gold standard or strict rules governing precisely what the logos mean and what methodology is behind them, concerns are growing that they will confuse consumers and ultimately be counterproductive.


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Anheuser-Busch InBev SA/NV (BUD)
|Net Income (ttm)||5.76B|
|Ex-Dividend Date||May 4, 2021|
|Day's Range||57.60 - 58.16|
|52-Week Range||51.02 - 79.67|
|Price Target||78.49 (+35.5%)|
|Est. Earnings Date||Oct 28, 2021|
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company was founded in 1366 and is headquartered in Leuven, Belgium. Anheuser-Busch InBev ... [Read more...]
Financial PerformanceFinancial Statements
According to 9 analysts, the average rating for BUD stock is "Buy." The 12-month stock price forecast is 78.49, which is an increase of 35.51% from the latest price.
The newest version of Bud Light is even lighter.
Anheuser-Busch InBev stock has declined close to 8% in the last one month (ending 14th September 2021) and currently trades at $57 per share. The fall was mainly driven by JP Morgan downgrading BUD stoc...
The brewing powerhouse joins a wave of major beverage producers who are campaigning for safer alcohol consumption, from reducing impaired drivers to curbing underage drinkers.
This stock has an inconsistent history when it comes to beating the number and now estimates are falling.
The CMO of Anheuser-Busch discusses how he, working with the Chief Sales Officer and the CEO, shifted the firm's mindset from defense to growth over the past nearly five years.
Boston Beer created a subsidiary earlier this year to focus on the cannabis market.
The Mexican arm of Anheuser-Busch InBev has accused Constellation Brands in a lawsuit of a second breach of their deal allowing Constellation to sell Mexican beers in the United States.
Ireland-based C&C Group PLC ( CCGGY , Financial) ( LSE:CCR , Financial) has really taken it on the chin with the pandemic closures. The brewer and distributor has suffered greatly with pub closures arou...
Another large publicly traded company is joining the rise of non-fungible tokens with Anheuser-Busch InBev (NYSE:BUD) buying a NFT rocket ship and changing its profile picture on Twitter Inc (NYSE:TWTR)...
Anheuser-Busch Pushes Sustainability, Hard Seltzer Innovation With New Los Angeles Brewery Investment
Highlights include new canning lines to drive innovation in the RTD and hard seltzer space and a solar-powered microgrid—the largest solar installation of any brewery in the United States.
The beverage company isn't soaring out of its pandemic lull, but the selling appears to be overdone.
Hard seltzer newcomers Anheuser-Busch InBev (EBR: ABI) and Constellation Brands (NYSE: STZ) are taking on legacy beer brands Truly and White Claw as they seek to edge them out. According to CNBC, the tw...
Newcomers to hard seltzer are using the heft of legacy beer brands to edge out the category's first movers, White Claw and Truly.
By, Bob Ciura Investors who are in retirement, or nearing retirement will have different needs than their younger counterparts still in the accumulation phase of their life. Retiring means losing the re...
The makers of some of the world's bestselling food and drink brands warned they would keep raising prices as they grapple with the strongest inflation in years.
AB InBev (BUD) witnesses strong momentum in Q2, with earnings and revenues improving year over year. Revenues also increase from the pre-pandemic levels.
According to the Trefis Machine Learning Engine, which identifies trends in a company's stock price data for the last ten years, returns for BUD stock average close to 3% in the next three-month (63 tra...
Anheuser-Busch InBev SA (NYSE: BUD) reported second-quarter FY21 sales growth of 31.5% year-on-year, to $13.54 billion, beating the analyst consensus of $13.54 billion. On an organic basis, the top-line...
Anheuser-Busch InBev, the world's largest brewer, restored second-quarter revenue to pre-pandemic levels and beat market expectations for profit as drinkers took advantage of eased restrictions in its m...
Consumer demand for seltzer has fallen off the table, and these brewers have invested a lot in the space.


text: U.S. imports of honey continue to rise as U.S. production declines. New data from USDA Economic Research Service shows imports have exceeded domestic honey production since 2005 and accounted for 74 percent of total U.S. honey supplies in 2021. Over the last 30 years, U.S. honey production has declined by around 1.4 percent per year, while honey imports have grown by 7.6 percent per year, filling the domestic supply deficit. The top three foreign suppliers—India, Vietnam, and Argentina—supply more than 71 percent of imported honey. Honey imports have expanded with rising domestic consumption of honey and honey-sweetened products. This expansion reached an all-time high in 2021, when domestic production was at the lowest volume since 1991. In 2021, production in all three major honey-producing States—North Dakota, South Dakota, and California—were 25 percent lower than their 1991 levels, while production in the rest of the states declined by almost half during the same period.


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Home > Lifestyle > Women > Beauty
Wednesday March 19, 2014 MYT 8:00:00 AM
Wednesday March 19, 2014 MYT 8:02:29 AM
Sofia Vergara has come up with an eponymous fragrance.
Small screen popular star has a brand new venture.
Sofia Vergara of TV comedy Modern Family has revealed her latest project, a fragrance.
The Colombian actress, who has become one of the biggest names on television, will release Sofia by Sofia Vergara on April 24 via HSN. She worked with Parlux, which has created scents for other celebrities including Jay Z and Rihanna, as well as brands like Kenneth Cole and Vince Camuto.
Sofia by Sofia Vergara’s fruity top notes include blackberry, cassis buds and plum, with a heart of purple violet, (patriotic) Colombian rose and orchid, and a drydown of woods, vanilla and sandalwood.
According to a report in WWD, the perfume will come in two spray sizes – 100ml and 50ml as well as a 200ml Body Shimmer. After its exclusive HSN deal, the fragrance will appear in US department stores in time for the holiday season.
Vergara has over five million fans on her Facebook page and is one of the small screen’s most popular stars. The 41-year-old has taken top spot in the Forbes list of highest-paid TV actors for two years in a row, having banked an estimated US$30mil (RM98.07mil) in 2013. Her lucrative commercial contracts include deals with Kmart, Cover Girl, Rooms to Go and Head & Shoulders. – AFP Relaxnews
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This version of the small sports auto is also a preview of the Mission E, which will be Porsche's first all-electric model that is due to come into production in 2019.
The good news is that it previews the impressive technology that will be introduced with the upcoming electric Porsche Mission E sports sedan.
Looking like a pretty bog-standard pre-718 Cayman, the E-Volution comes with a graphic on the side which says "Turbo Charging".
Porsche has revealed the Cayman e-volution, a one-off electric sports auto based on the 718 Cayman at the at the Electric Vehicle Symposium, the world's largest industry gathering on the topic of e-mobility, in Stuttgart, Germany.
The new Cayman e-volution features the Porsche's new Turbo Charging system which accumulator-based fast charging system that can charge up to a capacity of 320kW per vehicle and has a charging voltage of 800V.
Unveiled at the Electric Vehicle Symposium (EVS) in Stuttgart, the Cayman e-volution boasts a 0-60mph time of 3.1 seconds - which is more than a second faster than a petrol-powered Cayman S - and a range of 124 miles. The Mission E will be capable of covering a range of over 500 kilometres, and will be able to charge its batteries to 80 per cent within just 15 minutes. The system is a collaborative development between Porsche Engineering and ADS-TEC, and is particularly suitable for use in areas where the distribution system is subject to power limitations. The battery-based system was created to supplement more traditional fast-charger networks hooked up to the grid, one of which will be built in Europe by 2020.
The German sports vehicle manufacturer will work in collaboration with Audi, BMW, Daimler and Ford to build a fast-charging network on major European traffic routes by 2020.


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Indianapolis, IN, USA, June, 2021 -- Sharpen Technologies, developers of an omnichannel cloud contact center platform, secured growth funding, announced CEO Bill Gildea. Bridge Bank and Multiplier Capital led the investment round, along with participation from the company’s existing investors, including Cultivation Capital. This raise will be used across all departments to support the company’s growth.
"Bridge Bank is excited to help lead this latest round of financing and partner with the team at Sharpen to support their strong growth," said Brian McCabe, senior director in Bridge Bank’s Washington D.C.-based Technology Banking Group. "We look forward to seeing them continue growing in the CCaaS industry."
Multiplier general partner Wilson King noted, "Sharpen offers a differentiated, cloud-native solution with a strong growth profile, an established market presence, and an experienced management team. We’re excited to partner with management and the existing investors to support the company’s continued growth and success."
According to Gartner, prior to the pandemic, only 15% of the estimated $24 billion contact center market had transitioned to the cloud. New industry data from the research firm finds that 35% of the customer experience (CX) workforce will work-from-home by 2023, up from 5% in 2017. At the nexus of these two trends is Sharpen’s cloud-based, omnichannel platform, which with just a PC, headphones, and internet connection, lets agents easily work-from-anywhere.
"Our ability to attract investment partners of the caliber of Bridge Bank and Multiplier is a vote of confidence in our business model," said Gildea. "By giving agents the tools and data they need to succeed, we succeed too. Our customers, in some cases, are saving more than they are spending with us, while we continue to shake up the contact center space and increase market share."
Posted by Veronica Silva Cusi, news correspondent
Sharpen is a cloud native contact center platform that enables customer experience teams to establish a better relationship with their customers. This global platform eliminates costly on premises hardware, increases agent efficiency and makes customers happier through frictionless interactions. Sharpen is committed to building a global community of companies who believe that a happy customer is a loyal brand advocate waiting to happen.
Published: Monday, June 7, 2021
Contact center quality assurance training and certification


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Topped with Cheetos. Slathered in a homemade bourbon barbecue sauce. Loaded up between thick slices of cheese.
No matter how you order one, today you can get a Rok:Brgr burger for $5 during a limited time happy hour.
To celebrate its fifth anniversary, the flagship Fort Lauderdale restaurant is hosting a huge happy hour celebration today, December 10. The anniversary festivities feature a special happy hour menu with $5 burgers, $5 cocktails, and $5 beers from 5 to 8 p.m. During the party, guests will also be able to participate in a number of free giveaways including Florida Panthers tickets, a bottle of Rok:Brgr's bourbon barbecue sauce, and Rok:Brgr gift certificates.
Rok:Brgr first opened in 2010 and is often considered one of the city's first burger bars. Today, the gastropub serves 18 signature burgers made with a blend of locally sourced certified Angus beef, creative sharing plates, and offers a variety of more than 45 craft beers as well as an array of handcrafted cocktails.
In the past few years, the Broward-based restaurant has expanded to include two additional locations, one in South Miami and another at Gulfstream Park in Hallandale Beach. Moving forward, Rok:Brgr is planning expansion further north into Palm Beach County and beyond with locations in the works for Delray Beach, Orlando, and Tampa.
This year, the company also began bottling and selling its bourbon barbecue sauce at the request of hungry patrons, an original recipe created by corporate chef Robbins Martinez that includes real Kentucky bourbon, molasses, and a secret blend of spices.
Rok:Brgr is located at 208 SW Second St., Fort Lauderdale. Call 954-525-7656, or visit rokbrgr.com.
Nicole Danna is a food writer covering Broward and Palm Beach counties. To get the latest in food and drink news in South Florida, follow her @SoFloNicole or find her latest food pics on the BPB New Times Food & Drink Instagram.
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Millennial millionaires are quickly shelving main purchases as rates of interest and inflation rise, in accordance with CNBC’s Millionaire Survey.
Practically half of millennial millionaires say larger borrowing prices are inflicting them to delay shopping for a automobile, and 44% say larger rates of interest have brought on them to delay buying a house, in accordance with the survey. Greater than a 3rd stated inflation has brought on them to delay a visit or trip.
The CNBC Millionaire Survey, which surveys these with investible property of $1 million or extra, means that inflation and rising borrowing prices are working their manner up the wealth ladder. Whereas inflation hits the middle-class and lower-income teams hardest, rising rates of interest are beginning to squeeze extra prosperous, youthful customers, particularly for big-ticket gadgets.
Millennials are 3 times extra more likely to be chopping again on large purchases in contrast with their child boomer counterparts, in accordance with the survey.
“The millennial millionaires are clearly coping with one thing they’ve by no means skilled,” stated George Walper, president of Spectrem Group, which conducts the survey with CNBC. “In consequence, they’re altering their behaviors and spending plans.”
Spectrem Group and the survey take into account respondents born in 1982 or later, these at the moment aged 40 and youthful, to be millennials. Respondents born between 1948 and 1965, aged 57 to 75, had been thought-about child boomers.
Inflation and rising charges have created two separate however associated spending constraints for prosperous customers.
Inflation has pushed up the costs of luxuries similar to eating out, airplane tickets, inns and even sure month-to-month subscriptions. Based on the survey, 39% of millennial millionaires have in the reduction of on eating out due to larger inflation. Thirty-six % have in the reduction of on holidays, and 22% have reduce down on driving.
On the similar time, the Federal Reserve’s rate of interest hikes have jacked up the price to borrowing, particularly for houses and automobiles. The central financial institution on Wednesday raised its benchmark price to a variety of 1.5%-1.75% and stated one other hike might are available in July.
Two-thirds of millennial millionaires surveyed stated they’re “much less seemingly than a 12 months in the past to borrow cash” resulting from larger rates of interest. That compares with solely 40% for child boomers.
Forty-four % of millennial respondents stated larger charges have brought on them to delay buying a brand new dwelling, in contrast with solely 6% of child boomers. Practically half of millennial millionaires stated they’re delaying buy of a automobile due to larger charges — greater than double the speed of child boomers.
Millennials are sometimes key drivers of gross sales progress for each houses and automobiles.
“Millennials, like everybody else, are seeing that the mortgages they had been in January are actually greater than twice as a lot,” Walper stated.
CNBC’s Millionaire Survey was performed in Might, earlier than the Fed’s newest price hike. It surveyed roughly 750 respondents who reported that they’re the monetary decision-makers or share collectively in monetary decision-making inside their households.
Millennials seem extra optimistic with their investments than older millionaires, nevertheless: 55% of millennial millionaires stated inflation will final lower than a 12 months, in contrast with practically two-thirds of child boomers who stated it should final at the least a 12 months or two. Forty % of millennials surveyed plan to purchase extra shares as inflation accelerates, in contrast with simply 11% of boomers.
Millennials are additionally extra sanguine about inflation’s influence on their inventory returns: Practically 90% of millennial respondents are “assured” or “considerably assured” within the Fed’s potential to handle inflation — a stark distinction to the 38% of child boomers who’re “in no way assured.”
Greater than 70% of millennial millionaires imagine the financial system can be stronger and even “a lot stronger” on the finish of 2022, in contrast with two-thirds of boomers who stated it is going to be weaker or “a lot weaker.” Millennials additionally stated asset markets will finish the 12 months larger than 2021 ranges — a bullish present of confidence with the S&P 500 down 20% for the 12 months up to now.
Fifty-eight % of millennial millionaires stated asset markets will finish the 12 months up at the least 5%, with 39% anticipating double-digit beneficial properties. Against this, 44% of millionaire boomers count on the market to say no double digits.


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As Retail Week exclusively revealed in April, Amazon has opened its first ever hair salon in Spitalfields, London – reporter Rosie Shepard reviews the experience.
Amazon surprised the retail industry with the launch of its latest bricks-and-mortar offering, Amazon Salon, earlier this year.
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Kylie Jenner’s Schiaparelli gown is inviting comparison to sister Kim Kardashian’s controversial Marilyn Monroe dress from Met Gala 2022.
Kylie attended the Schiaparelli’s Paris Fashion Week on Thursday in her sparkling key hole gown, which did justice to her curves and plunged at the neckline.
She shared multiple videos and pictures of herself in dazzling outfit. “F**king show time !!!” was the caption of one of her videos on Instagram.
The makeup mogul attended the fashion show to watch sister Kendall Jenner walk the runway, wore her jet black hair in a glamorous blowout and accessorised with gold statement earrings and nude pumps.
Fans of the reality TV star couldn’t help but compare her look with sister Kim’s Marilyn Monroe. “Kylie should’ve been the one to wear that marilyn monroe dress at the met gala like idk,” read one tweet.
Another person commented on Instagram, “this was more marilyn than kim could ever give.” “This is Marilyn Monroe dress Kylie, you [sic] so beautiful,” wrote a TikTok user.
For her Marilyn Monroe moment, Kim has famously lost 16 pounds in just three weeks to fit in that dress by Jean Louis that Monroe wore while singing “Happy Birthday, Mr. President” to John F. Kennedy on his 45th birthday.


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GoodRx, an organization finest identified for its prescription worth transparency instruments, will lay off roughly 140 staff, making up about 16% of its workforce.
Based on a submitting with the Securities and Trade Fee, the discount will primarily have an effect on its technology-focused and advertising and marketing segments.
“The corporate is targeted on effectively rising its core prescriptions enterprise, accelerating its pharma producer options enterprise and doubling down on shopper engagement,” Karsten Voermann, GoodRx’s chief monetary officer, wrote within the SEC submitting. “As the corporate focuses on these targets, it’s consolidating features and eliminating or lowering funding in areas of decrease focus.”
THE LARGER TREND
GoodRx posted a $1.4 million internet loss throughout the second quarter, in contrast with $31.1 million in earnings throughout the prior-year quarter. It reported income of $191.8 million, a 9% enhance from $176.6 million within the second quarter final 12 months.
The corporate additionally mentioned it had resolved an subject with an unnamed nationwide grocery chain – which analysts suspected was Kroger – that had affected the acceptance of pharmacy profit reductions for some medication.
Throughout its second quarter earnings name, GoodRx mentioned it was specializing in growing new companies and incentives to make sure customers would create accounts on their platform, which it would not require to supply a “frictionless” expertise.
“We consider the advantages of deeper relationships with our customers will enable us to assist them higher navigate their healthcare journey with much more compelling GoodRx worth proposition and person expertise,” cofounder and co-CEO Trevor Bezdek mentioned.
“We additionally consider that permitting customers to supply us extra info will enhance the LTV [lifetime value] of every person in prescription transactions and different areas of the enterprise over time as we leverage it to create new instruments and merchandise for our customers in quarters and years to return.”
GoodRx’s announcement marks the newest in a line of digital well being and well being tech firms which have laid off employees this summer season. Insider not too long ago reported that telehealth companies vendor Wheel reduce 17% of its workforce in mid-August.
AI-backed genomic and medical information firm Sema4 introduced it had laid off round 250 employees, about 13% of its workforce, final month. Its founder Eric Schadt additionally stepped down from his roles on the firm. Meditation app Calm additionally not too long ago let go of 20% of its staffers.


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But network executives seem to think their viewers will enjoy a look inside the world of Seattle entrepreneur Ben Huh.
You’ve probably heard of Huh. He’s the guy behind LOLCats, the FAIL blog and the larger icanhascheezburger.com humor site. He’s often seen around Seattle sporting out-there fashion and handing out cheeseburgers to Amazon employees.
Now, Bravo lists Huh as one of several new reality TV stars it will promote with a pilot show. The working title of the show? That would be: “Huh?”
The official description:
Ever wonder who is behind those hilarious cat memes? Bravo goes inside the office of Ben Huh and his eclectic staff at icanhascheezburger.com, one of the largest humor publishers on the Internet known for their popular LOLs and FAILs.
Bravo is also introducing a show starring Randi Zuckerberg, sister of Facebook founder Mark Zuckerberg, and other young, rich techies in Silicon Valley.
No word yet on when either show will debut.


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New KCC cuts retail milk prices [Business Daily (Kenya)]
(Business Daily (Kenya) Via Acquire Media NewsEdge) New KCC is Tuesday morning expected to cut retail milk prices by Sh4 for the half litre packet in the race to grow market share in a market dominated by Brookside.
The firm Monday said that premium fresh milk dubbed Gold Crown will retail at Sh41 from Sh45 while a litre of long life UHT brand will drop 28 per cent to Sh87.
The cuts have been made possible by the lower farm gate prices that saw the processors cut prices for raw milk to Sh30 a litre from Sh40 at the start of the year due to a rise in supply.
The drop in prices comes as Kenya experiences a rise in the cost of basic commodities like maize flour, electricity and fuel that all went up this month.
"The prices will start to be effected from today depending on the system change at the supermarkets," said an executive of New KCC who sought anonymity.
READ: Food prices up as crop failure hurts harvests
The Business Daily failed to get a comment from market leader Brookside, which deals in Fresha and Molo milk brands, on whether it will follow New KCC's path.
Brookside, which has a 44 per cent stake compared to New KCC's 20 per cent, has this year set the market trends with its review of farm gate prices.
But New KCC has kept the price of sweetened milk and yoghurt unchanged.
The onset of rains has improved animal forage that ultimately lifted supplies, prompting the processors to cut farm gate prices. The Sh40 the processors have been paying suppliers is the highest ever in the dairy industry and lasted seven months.
Flour prices this month increased by Sh8 for the two-kilogramme packet while the energy regulator raised fuel prices and electricity charges to a two year high.
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