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The applications for new generic top-level domains – the letters that come after the dot in an Internet address – are in, and, while the entertainment industry has applied for many of them it also left out lots of major brands.
Disney’s ABC, for example, has applied for .abc but not .espn or even .disney. CBS applied for .cbs but not .showtime and Viacom didn’t bother with .mtv nor did Comcast bother with .nbc. News Corp., through a holding company, applied for .fox but ignored myriad other brands and Time Warner through a holding company applied for .hbo.
Sony has applied for .sony, .playstation and .xperia while Microsoft wants .xbox. There were no applicants, though, for .wii.
The Internet Corporation for Assigned Names and Numbers, the nonprofit entity that governs domain names, has been accepting applications, at $185,000 each, for several months. ICANN’s intention is to add hundreds, even thousands more gTLDs to join .com, .net, .org and the relatively few others that already exist.
Many top brands didn’t bother trying to secure gTLD string that would amount to copyright infringement if another company attempted to control it, which might explain no one applying for .disney, .warnerbros and the like, as well as any celebrity or band name following the dot.
Other brands being chased by their parent companies include .HGTV, .BBC, .weatherchannel and .foodnetwork. Dish Communications is pursuing .blockbuster and Netflix wants .netflix.
There are multiple applicants for each of the primary sports: .football, .baseball, .basketball, .hockey and .soccer. And, as expected, there are multiple applicants seeking control of .movie, .film, .music, .game, .book and .news. And while .tv is already a gTLD, no one applied for .television.
In cases where more than one entity seeks control of a gTLD, ICANN promises a rigorous background check to choose the best applicant. Where there’s a tie, a gTLD could simply go to the highest bidder.
ICANN disclosed on Wednesday that it has accepted 1,930 applications, and the most sought-after gTLD string, with 11 entities chasing it, is .inc. The complete list is here.
The two companies chasing more new gTLDs than any other entities are already Internet behemoths: Google applied for 101 gTLD strings and Amazon.com for 76 of them.
Google, for example, wants .baby, .car, .channel, .corp., .dad, .mom, .dog, .family, .film, .fun, .love, .prod, .show and even .dot. Of course it also wants .youtube.
Amazon wants .tunes, .video, .wow, .zero, .audible, .author, .box, .coupon, .deal, .fire, .hot, .save and .like. Amazon also wants .imdb, which is to be expected since it owns IMDb.com.
Naturally, there are several that Google and Amazon are competing for, like .buy, .cloud, .drive, .free, .game, .book, .movie, .music and .kids.
ICANN is expected to take 18 months to decide which applicants get which gTLD strings.
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Signs of a slowdown in economic activity were evident with the drop in demand for long term durable goods and modest business spending. According to the Commerce Department, the amount of durable good orders fell 5.7 percent in March. The drop in demand for these goods, ranging from airplanes and washing machines to toasters, meant to last for more than three years came after a 4.3 percent increase in February.
We have seen a considerable loss of momentum in the economy and that has been obvious in the round of data we had over the last four weeks or so,” said Jacob Oubina, a senior U.S. economist at RBC Capital Markets in New York noted. Unbelievably, the drop was double the amount economists had thought/predicted and this indicated cooling off in production at factories that had played a central role in the economy’s recovery from the recession. Economists have began to dub this economic slowdown as the Spring Swoon and point out that the problem lies within Washington as the government tries to reduce their budget deficit.
Written by Kevin Zhang

domain: news


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BEA Systems announced Tuesday that Bill Coleman is stepping down as chief executive of the business-software maker.
Alfred Chuang, current president and chief operating officer, will take over as chief executive. Coleman, who has been CEO since the company launched in 1995, will become BEA's chief strategy officer and remain as chairman of its board of directors.
BEA, which competes against Sun Microsystems, Oracle and IBM, is the market leader for application-server software, technology that allows businesses to handle e-commerce and other Web site transactions.
In the $2.2 billion market for application-server software in 2000, BEA ranked first with 18 percent, followed by IBM with 15 percent of the market. Sun and Oracle placed third and fourth, with about 8 percent each, according to researcher IDC.
Coleman, who co-founded BEA with Chuang six years ago, said Chuang has been instrumental in BEA's success. BEA's application server came from its acquisition of start-up WebLogic two years ago, and in that time Chuang ran the company's global operations, including engineering, product development, marketing and sales, Coleman said.
"Every few years, BEA has gone through successful, strategic transformations to better align itself for market and industry advantage," Coleman said in a statement. "Alfred led BEA's transformation after our 1998 acquisition of WebLogic. The time is right for Alfred to lead us through the next phase of the company's evolution."
BEA in August reported second-quarter income of $58.5 million, or 10 cents per share, on revenue of $267.8 million.


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A perfect storm of cancelled driving tests, the challenges of black box installation during lockdown and a push by pay-as-you-drive providers meant that telematics providers were arguably worse affected by Covid-19 measures.
Telematics policies, which are used primarily by younger drivers to keep insurance costs down, now make up just 58% of the five cheapest quotes for drivers aged under 25 – down from 64% a year ago.
This is, however, an increase on the low of 53% during April and May when some brands withdrew from the market to focus on core product offerings.
Average quoted premiums for the under-25s now sit at £1,922. Even with telematics policies working hard to keep pricing affordable, there is still a huge difference when compared to the over-50s (£427) and 25-49 year-olds (£661).
Meanwhile new entrants, such as By Miles – which has reported a surge in sales amid the pandemic with drivers attracted to its pay-as-you-drive insurance offering – threaten to eat into the market share the telematics sector has built up in recent years.
Telematics policies are particularly prevalent for 17-19 year olds, making up 66% of T5 quotes in September. But the potential pool of new customers was all but destroyed when ban on driving tests for all but essential workers during lockdown meant just 3,448 passed practical driving tests in the second quarter, compared to 182,572 a year ago. That’s a 98.4% reduction in new drivers looking for insurance.
When driving tests recommenced in July, so did competition for customers, and providers’ appetite to acquire good businesses.
A Plan last week announced that it has agreed to buy Ingenie from Watchstone for up to £5.5m. It will join A Plan’s Endsleigh business when the transaction completes.
Endsleigh already worked with A Plan on a white label telematics solution, Endsleigh Loop, and A Plan CEO Carl Shuker has said the deal will pave the way for telematics solutions for older drivers in addition to the students that Endsleigh is targeted at.
With 31 telematics brands returning a quote in September, and a proportion of the population keen to avoid public transport, the competition for demonstrably good drivers looks set to continue.
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The company confirms discussions with Interpark to purchase almost 40 percent of Gmarket, an online retailer based in South Korea.
eBay is negotiating to acquire almost 40 percent of Korean auction site and e-retailer Gmarket.
The online auction giant released a statement Wednesday confirming it is in talks to purchase Gmarket shares from auction-site affiliate Interpark and its chairman, Ki Hyung Lee. The company said no definitive agreement has been reached, although a preliminary filing is awaiting approval from the Korea Fair Trade Commission.
Seoul-based Gmarket was founded in 1999 and has established a base of 14.7 million registered users. In the financial report for its second quarter, ended June 30, the company announced a net income of $15.4 million.
By comparison, San Jose, Calif.-based eBay reported a net income of $460 million in its second quarter of the year, with 338.2 million registered members. In 2001, eBay showed interest in the Korean market by acquiring a majority stake in Korea's Internet Auction Company.
Gmarket's shares increased by 14 percent to close at $25.36 after eBay announced its interest in the company.


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Google’s image search feature has been around for a long time using the link images.google.com where you can make a search query using an image. Then Google Lens came in with added functionalities such as extracting and translating texts from the image. The said feature is now integrated into Google’s homepage.
“The google homepage doesn’t change often, but today it did,” said Rajan Patel, Google’s VP of Engineering for Search. Google Lens now sits on the search bar (camera icon) along with the voice search icon. That applies to the Google app and widgets on mobile devices too.
On desktop, once you click on the camera icon, you’ll see the same UI in the screenshot above, which resembles the Google Image Search. From there, you easily can drop or upload an image file, or even paste an image link.
After you drop or upload an image, you’ll be redirected to the Google Lens page and get visual matches of the image from the web. You can then extract and translate texts as long as it’s legible.
It’s a different approach on mobile devices where it launches the Google Lens camera instead. It also has more camera modes like Homework, Shopping, Places, and Dining.
“We’re always working to expand the kinds of questions you can ask and improving how we answer them. Now you can ask visual questions easily from your desktop,” said Patel.
Though, Google Lens is technically available all this time, it wasn’t as accessible as it is now. Previously, Google Lens also can be accessed via Chrome browser with a simple right-click on an image or using an extension with other browsers.
Google Lens was initially available as an exclusive feature on Pixel devices in 2017, then they made it available to Android and iOS in 2018 via Google Photos app.


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Q3 2015 Trading Statement
Q3 2015 Trading Statement published on 15th October 2015
There was a webcast hosted by Graeme Pitkethly, CFO and Andrew Stephen, Head of Investor Relations.
A replay of the webcast will be available shortly.
Conference call replay details:
Available from: Thu Oct 15, 2015, 11:59 PM BST
Available for: 14 days
UK Freefone 0800 032 9687
UK Direct 0207 136 9233
Replay Global Acess URL: http://www.conferencingsupport.com/globalaccess/?bid=00&itfn=1&ddi=1&ref


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The FCC this week unveiled new nutrition-style labels intended to help Internet consumers understand what they are getting in terms of price and performance with various fixed and mobile broadband offerings. Developed in consultation with the agency’s Consumer Advisory Committee, such labels are intended to be easy to understand and to prevent billing surprises. FCC Chairman Tom Wheeler said, “Customers deserve to know the price they will actually pay for a service and to be fully aware of other components such as data limits and performance factors before they sign up for service.”
While the particular formats suggested by the Commission are not required, the disclosure of such information is under the FCC’s net neutrality rules. More information is available here.
By Aaron Mercer, Vice President of Government Relations
Published: April 8, 2016


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Lower-cost 3D technology could be coming to smartphone cameras
A cheaper version of lidar can help Stanford’s 3D imaging system become available on a large number of smartphones
Lidar shoots out a laser light and times how long it takes to bounce off of a subject and return to the phone. It can be used to measure how fast an object is traveling, how far away it is, whether it is getting closer or farther away, and whether it will cross paths with another object. Lidar is already used on the iPhone 13 Pro and iPhone 13 Pro Max to improve focusing in low-light, and for Night Mode.
Kabayama added that “Whether you’re a CrossFit junkie, weekend golfer, or avid Peloton enthusiast, the risk of physical injury is present and for many, a constant battle. Professional athletes have access to 3D technology that serves as a way to minimize performance-related injuries, but most of us everyday athletes do not.”
Everyday athletes could gain access to the same injury-reducing information as the pros if bringing 3D capabilities to smartphones lowers the cost of using 3D technology. “With most injuries due to overexertion, improper form, or other poor body mechanics, 3D imaging can make pinpointing areas of improvement — whether that be form or parts of the body to strengthen — a seamless task,” Kabayama continues.
3D capabilities on smartphone cameras will also improve security
Another executive of a 3D company is Hans Hansen, the CEO of Brand 3D. Hansen states that “With 3D cameras, you would be able to capture scenes and objects that people remotely would be able to experience as if they were physically in the room. This would be groundbreaking for remote working, learning and for safe distances during pandemics, as well as for diagnosing, treating and repairing functions in healthcare, technology, and manufacturing sectors.”
Collecting more depth information gets more data about your face to your phone. This should reduce the number of times that facial recognition fails to recognize your face and also protects you from attackers trying to break into your handset.
For all the latest Technology News Click Here


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SLG Central will be open late on the occasion of Frieze West End Night.
A new poster by Alvaro Barrington will be launched during the event. The artist will be signing copies between 7-7:30pm.
A new book published to celebrate the fifth anniversary of the public opening of the Orozco Garden will also be launched at the event. This lavishly illustrated book explains how this unique garden was made and features texts by SLG Director, Margot Heller, horticulturist Richard Wilford and art historian Briony Fer. The volume contains over 50 pages of full colour photographs, original drawings and sketches by Gabriel Orozco; architectural plans and drawings by 6a architects and a fully illustrated plant index.
100% of profits raised will support the work of the SLG.
Booking is not required for this event.


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Fortnite Exclusive: PlayStation 4 Skins
Fortnite fans are on the edge of their gaming chairs this week in anticipation of several rumored E3 announcements. While they wait, players on PlayStation 4 can take advantage of an opportunity to win new exclusive skins. On June 12, the game is giving out free Fortnite gear for Jurassic World Evolution to PS Plus service members.
Fortnite did not release images of the skins along with the announcement, but that doesn’t mean fans had to wait to see what they look like. One clever PlayStation 4 user combed the files of Update V.4.4 to find the images and posted them on the Twitter account @TwoEpicBuddies.
The leak revealed World Cup skins, soccer-themed battle emotes, as well as new pickaxes, gliders, and back bling. There are four different World Cup outfits for male and female characters, which go along with the soccer-themed challenges that are just around the corner.
So far, only two soccer pitches have been added to the Fortnite Battle Royale map. According to the leak, one of the upcoming challenges will be to score a goal on different pitches. This could mean that the update will bring more pitches to the map.
The patch notes for V.4.4 also revealed what appears to be several new weapons slated for the game, including a Thermal Scope Assault Rifle.
@TwoEpicBuddies also leaked the first look at other cosmetic items coming to the game, including the Visitor, Dark Eagle, WWII Pilot, and Dark Ninja skins. If this update follows the timing of previous releases, the skins should be available for purchase within two weeks.


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If you are looking for the latest updates about Tesla Model Pi Smartphone then you are at the right place to find this information.
We analyzed many of the latest content and tweets from the tesla company to provide you with the latest information about the tesla model pi smartphone.
By the end of the article, you will get all the information about tesla’s smartphone, features, price, and what to expect.
The elusive Tesla phone has been the subject of countless online leaks and rumors, but is any truth behind them? We look closely at this fabled device in our latest video update.
Founded in 2003, Tesla is an electric car manufacturing company owned by Elon Musk, the company’s chief executive officer. Nowadays, Tesla is rocking everywhere but it was in trouble not long ago. For instance, the company had difficulty obtaining machine components, executives were laid off, and investors had problems. Amidst bankruptcy, Elon Musk developed a series of revolutionary goods and devices that saved the company.
Tesla’s history of releasing enjoyable, though still, on-brand products like the Cybertruck-inspired all-electric vehicle for kids and an umbrella with their logo stamped onto it is enough to make anyone think they’re going out of their way. Adding a smartphone, however, just isn’t as believable yet – at least not until we see what kind of functionality this particular phone will offer!
Tesla Pi Model:
The release of the Tesla phone has been delayed for some time now, with no news on when it will come out. This isn’t surprising, though because smartphones are nothing new in 2023, and there’s already an abundance to choose from, like iPhones or Galaxy S lineups;
Elon Musk’s destiny has taken a significant turn in 2020. NASA has signed a huge deal with SpaceX, which he oversees. After that, Elon Musk became a household name thanks to the Crew Dragon spacecraft’s successful launch. On June 10, 2020, Tesla’s stock was already worth more than $1,000. As of writing, Tesla is now the most pricey automobile manufacturer in the world.
So far, we’ve seen Neuralink implants allow a person with paralysis to control a computer and phone.
We could see some sort of phone from Tesla in the future, but it’s too soon to start talking about features and release dates. Let’s break down what we know so far.
Tesla has been working on several new products, from an electric pickup truck to solar roof tiles. A new rumor suggests that the company may also be working on a smartphone.
The same goes with 2023, search engines were complete with Elon’s name asking when Tesla is going to launch a phone? We now have the answer, and it’s a massive yes. The tesla phone will formally be announced in the year 2023. A Chinese version of MyDrivers claims that the gadget will be dubbed the Tesla Model Pi.
Many experts predict that the phone will usher in a new technological revolution. The launch date of Tesla’s smartphones has been kept under wraps by the company, however, according to our sources, Tesla will be launching its Pi mobile in April 2023 CLICK TO CHECK ON AMAZON.
With the recent tweet from Elon Musk, it seems as though we’ll never see a phone from Tesla. While they may still release one in the future or sooner than expected but there’s little chance that this would happen with all of these rumors about how their upcoming product is being worked on also what we know so far doesn’t suggest any kind of launch until closer to 2030.
The Tesla Company has recently announced that they are working on a new device, the Tesla Pi 5G 2030. It is rumored that this new device will be launched in 2030 and it is said to have some amazing features. Apparently, the Tesla Pi 5G 2030 will have high regulations, meaning that it will be able to receive a network from a satellite. This would be an incredible feat, as it would allow users to have a connection even in remote areas like forests and mountains. Regardless of whether or not the rumors are true, it’s clear that the Tesla Company is working on something big and we can’t wait to see what they come up with next.
Tesla phones are among the most popular unlocked phones in the US. Tesla offers a wide range of products, including the Tesla Pi Phone and the Tesla Galaxy S9. Tesla phones are available from a variety of retailers, including Amazon, Best Buy, and Walmart. In addition, Tesla phones can be purchased directly from the company’s website.
Tesla phones are manufactured to work with any US carrier, making them an ideal choice for those who travel frequently or who have multiple carriers. However, Tesla phone users will need to register their phone with their carrier or purchase a mmWave modem in order to use the 5G network.
Tesla’s 5G network is available in select US markets. Tesla Pi 5G Phone USA is one of the top picks for an unlocked phone in the US market. With its impressive specs and features, it is no wonder that Tesla Pi Unlocked 5G Phones USA is a popular choice among consumers.
Tesla Pi Smart Phone Expected Price:
Supposing the phone is actual (once more, we don’t think so) and will start as primarily having features like those reported in recent weeks or months. It would likely cost between $800-$1k;. However, prices may fall with time once more people start using this technology- which should happen sooner than later, considering how rapidly technological innovation moves these days!
However, the gadget’s functions and design are already well-known.
So, let’s hear all about it!
How to Pre-order Tesla model Pi
Tesla’s new phone is one of the most anticipated devices of the year. We’ve seen leaks and rumors about the phone for months, but we still don’t know when it will be released.
Tesla has been tight-lipped about the phone, and its only official announcement is that it will be released sometime in 2030.
However, we imagine that Tesla will announce the phone many months before it is released, and pre-orders could start early. Without a release date to reference, we have no idea when pre-orders for the Tesla phone could start.
Many people eagerly await the release of the Tesla phone, but there is no official word on when it will be released. There have been many rumors and speculation but no concrete information.
Some people believe that pre-orders will start soon, while others think that it may be months before the phone is released.
without a release date to reference, it is difficult to say for sure. However, we will update this page with any new information about pre-ordering the Tesla phone.
Tesla Phone Features
So in recent news, there are some essential features are expected in the Tesla Pi Phone as per the report; they are planning to launch a high-quality camera that provides very high zoom features, it doesn’t need any extra lenses to capture a very high-definition photo.
The resolution will be up to 1080p in Tesla Pi Smartphone it will be (2778 X 1284), according to many news sources.
Tesla Pi’s phone price is a very deep topic hidden from the users till now, but people are expecting it in the flagship phone model.
The other eye-catchy features are there will be an Ultrasonic fingerprint scanner will be available in Tesla Pi Model, it will be on-screen fingerprint with very high efficiency, and there is a piece of very big news about charging of this phone, many sources are claiming it will have a solar charge feature where you don’t need to set your phone by electric, it will be directly connected to Starlink, In this phone, your will get internet connectivity by Starlink, and it will provide high-speed internet.
We also expect the tesla phone to be so powerful that it can mine Cryptocurrency.
Tesla Phone will Work on Mars:
In September 2016, during a conference held by the International Astronautical Congress in Guadalajara, Mexico, Mr. Musk said that it might take up to 100 years to create a civilization of at least one million people on Mars.
Tesla’s new phone is said to be able to leverage Starlink to work on Mars. Starlink is a technology that helps thousands of people access the internet worldwide.
It is not clear how the system would be adapted for use on Mars. The phone may be able to connect to a satellite that would then relay the signal back to Earth.
This would allow for internet access on Mars, but it is not clear how fast the connection would be or how reliable it would be.
There are also concerns about the amount of power that would be required to run the system on Mars.
Starlink is currently in beta testing and is only available in select areas. It is not clear if Tesla plans to make the system available on Mars or if they are just exploring the possibility.
Starlink has been designed for use in areas with a line of sight to satellites, but on Mars, significant obstacles, such as dust storms, would block the signal.
Also, the satellites only stay in orbit for about five years before they burn up in the atmosphere. A steady flow of new satellites would be needed to keep the service going.
Nevertheless, if the phone does work on Mars, it would be a significant step toward making Elon Musk’s vision of a Martian colony a reality. Communicating with Earth would be invaluable for settlers trying to establish themselves on the red planet. It could also help scientists learn more about Mars and its potential for habitability. While there are many challenges to overcome, developing a working cell phone on Mars would be a major accomplishment.
Pi phone can control electronic cars
Industry experts say that with one button tap, the new phone will be better integrated and have more controls for drivers who want to use their Tesla car in tandem.
The feature will also give drivers access to various functions such as locking and unlocking their vehicle, changing temperature settings, or controlling media.
Definitely not. Smartwatches & phones are yesterday’s technology, Neuralinks are the future.
— Elon Musk (@elonmusk) September 14, 2020
The new phone will have all sorts of tricks up its sleeve, including the ability to unlock your car and start it without even getting out. You’ll also be able to control temperature settings through this device, so you don’t overheat or freeze while driving around town!
Tesla pi Phone vs iPhone 14 pro Test
Tesla Model Pi Design
The man behind the design is Antonio De Rosa, a product designer who has created a plethora of apple products. Several industry analysts have compared the Tesla Model Pi to the iPhone 12. For instance, the phone fits four cameras in its frame with the sides rounded with a silvery hue.
The smartphone, on the other hand, offers several distinct features. According to reports, the phone case will have a coating that switches colors. How? Designers have developed a photochromic layer that changes color depending on the amount of sunshine.
Features of Tesla Model Pi Phone
Here are a few of the known features of the Tesla Model Pi
- The phone will be able to connect to Starlink, a satellite internet service developed by Tesla.
- The phone can interpret information from the brain via Neuralink technology. In the event of a brain injury, individuals will be able to replace portions of their brain’s functions.
- Smartphones can be used to mine Marscoins. As a result, customers can mine virtual currency on their mobile devices and earn virtual money.
- You may connect your phone to other Tesla devices via the app.
Elon Musk’s Tesla Model Pi will revolutionize the phone business, especially in light of the Tesla car’s massive market share and increasing popularity.
— Bradley Kellmayer (@AthleticTiger) January 4, 2022
Tesla Model Pi Security
Founder and CEO Elon Musk announced that the business has built its encryption technology and will employ end-to-end encryption. In his view, these two factors will protect sensitive data. On the other hand, Turla hackers could decrypt the traffic successfully. After accessing satellite channels of the DVB-S standard, the attacks began with the introduction of harmful applications.
Tesla founder and entrepreneur Elon Musk’s vision of a perfect smartphone is unquestionably different from today’s cell phones. This may be seen in the smartphone’s design and functionality. It’s wise to incorporate both software and hardware encryption. If Elon Musk considers this factor, we hope he can perfect the idea.
Tesla can be a life-changing experience for everyone in the USA.
- StarLink to Provide Internet Services (Connectivity)
- Direct connection to TESLA Cars
- Tesla to Tesla Connection (Like AirDrop on iPhone)
- Neuralink Connection to control the Phone.
According to the leak, the project’s codename is “Quadra.” Looking at the image itself, we can tell that the face of the phone will have an almost bezel-less design, which has been a trend in 2022. On the other hand, there is a slight notch near the top. There isn’t much to see at the back, but we can confirm that the smartphone will include two rear-facing cameras.
Given how hot the smartphone industry is, with Samsung and Apple pushing the limits further and farther each day and smartphone makers like Xiaomi and Huawei pushing the limits for affordable smartphones, it will be fascinating to watch how Tesla addresses this.
The most significant decision would be to determine their objectives; given that they are focused on a budget audience, the price range will be the most crucial.
Further examination of the image reveals that the gadget itself will have a potentially large body and a screen size in the vicinity of 6 inches.
Is the Tesla phone out yet?
Tesla has created some of the most advanced and impressive technology ever seen in this day and age, so it’s not surprising that many people are wondering if they will make a phone. However, the current evidence does not seem to favor it happening in the near future. If Tesla is indeed working on a phone, it would probably make an appearance closer to 2030, since we know how secretive and methodical Tesla is when it comes to programming. This means that anyone wanting to get their hands on a Tesla phone should brace themselves for a long wait!
How much does the Tesla phone cost?
If the rumoured phone is real, it would likely have a reasonable price point. Accordingly, pricing for this phone could be estimated between $800 and $1,200 depending on the number of features included in the basic model. Such a price range would make the phone accessible to many more individuals than if it were any higher; therefore, despite its potential difficulties, makers of the device should be aware that such pricing considerations could ultimately benefit their success.
Get the latest & updated news here on GeeksULTD


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Sales up 8% for US indies in 2012
In the US, unit sales for independent bookstores in 2012 were up eight percent compared to 2011, reports Shelf Awareness. The results are based on sales at 500 independent bookstores that report to a weekly Indie Bestseller list. American Booksellers Association (ABA) CEO Oren Teicher said in a letter to ABA...
Category: International news


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iPad & Tablets: Nokia T20
News & Reviews: Nokia T20 announce
Feb 04, 2022
As Android tablets are making a comeback, more and more brands are coming in with their devices. The Nokia T20 is HMD Global’s 10.4-inch display tablet for this exact purpose. Featuring a 2K pixel resolution, Unisoc chipset and 4G LTE SIM support at RM1099 it seems to really target those who intend to stream videos but how does it handle in other aspects? Find out in our full review of the Nokia T20 tablet below.
Dec 10, 2021
With tablets becoming a thing again, many brands have been starting to make new ones. Nokia is one of them, announcing the Nokia T20 back in October. Well, this entry-level tablet will be making its way to Malaysia soon.
Sep 28, 2021
Just a few hours ago, Nokia Mobile posted a teaser on its Twitter page about a new tablet. Indeed, the rumour last week turns out to be true and as you can see in the picture, there's a tablet placed beside the classic Nokia 3310. Here's everything we know about it so far.
Sep 21, 2021
Which device has seen a notable revival this year? If you ask me, it would have to be the tablet. There are a few companies that joined the tablet business for the first time this year, greatly increasing the options available in the market. In fact, Nokia could be making one too.


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May it be a holiday or any special event, the company tries to commemorate it with the common man with their “doodle”. Google has made a name for themselves with their creative “doodles”. May it be to celebrate an event or even a sign of protest, the company strives to breach the boundaries by creating these fascinating images in their homepage.
Yesterday’s Earth Day celebration was no different.
The company made a “doodle” that commemorates the special day. They did a simple doodle that had flowers that spelled Google slowly blooming in a time lapse. The best part of it was that unlike other doodle that are computer generated, Google dooler Jennifer Hom actually grew the flowers.
Google VP Marissa Mayer said that the flowers you see in the doodle were planted and were photographed at different intervals to create the animation.
Together with Google’s doodle came the text, “Roses are red, violets are blue, for Earth Day this year, let’s all plant a few.”
Kudos to Google for once again creating a masterfully crafted “doodle”.
Image Source: maxblogtips.com


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Apart from keeping track of the latest Bitcoin news, the free bitcoin software list, and stats concerning how to mine Bitcoin for free, here's our take on where to spend your bitcoins and get the most out of your crypto experience.
Bitcoin has always been in the lead, claiming the number one spot on all statistical platforms, with a market cap of nearly $460 billion. With the release of the recent CPI report, BTC has yet again gained traction, sitting at $24,000 currently.
With Bitcoins whales being active once again, here's how users can explore potential places where they can spend Bitcoins with ease.
Best places accepting Bitcoin payments
Bitcoin has transformed economies and has become an integral part of several prominent nations, where it has evolved independently into an accepted form of virtual currency.
While El Salvador has adopted Bitcoin as its legal tender, several other regions including Kenya and Nigeria have also come forward to embrace Bitcoin holistically.
However, there are certain outlets and platforms as well that have recently unlocked services that accept BTC payments.
Here's a list of the top ten places where Bitcoin payments are accepted:
- Express VPN
- AMC Theatres
- Home Depot
- Save the Children
How to pay with Bitcoins?
Now you know the places where users can spend bitcoins in exchange for goods and services, but do you know how to actually pay with Bitcoin?
While Bitcoin ATMs may come in handy at moments like these, making BTC payments with your crypto wallet apps is also pretty easy to initiate. Here's how to pay with Bitcoins simply:
- Make an account and login into your crypto wallet.
- Buy some Bitcoin first through an exchange or transfer them from your other crypto wallet (if you have one already)
- If an online merchant (let's say Wikipedia) accepts Bitcoin payments, a user just needs to scan/copy their BTC QR code/address and type in the desired crypto amount before hitting send
- Click on send option and you're done!
Explore new topics and discover content that's right for you!Planet Crypto


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It has been a difficult year for Capstone Turbine (NASDAQ:CPST) on the stock market as weak oil prices have put pressure on the business. In fact, in the last reported quarter, Capstone had seen a tremendous drop of over 28% in the top line, while its loss came in at $0.34 per share. Though the loss was less than expected, it cannot be denied that the company is mired in deep trouble due to low oil prices that have led to spending cuts by oil and gas companies, therefore leading to lower orders for its turbines.
However, Capstone is making changes to its business strategy that could help the company improve its financial performance in the future. Let's see what strategies Capstone is adopting.
Shifting focus toward a more sustainable business model
Capstone Turbine is shifting its focus from the oil and gas business toward energy efficiency. This is a good move as the company has experienced a drop of 37% in oil and gas-based CHP and CCHP applications as investments in the industry have declined. However, on the other hand, Capstone has witnessed growth in demand for renewable energy and other applications, as revenue from this segment has increased by 8% in the first nine months of the current financial year.
This is the reason why Capstone Turbine has seen an increase in revenue share from the energy efficiency business this year, which now accounts for 55% of the overall business. This is shown in the chart given below:
Source: Capstone Turbine
The good thing is that the increasing traction for Capstone's energy efficiency products has helped it improve its financial performance on a sequential basis. This is because the company has seen a rise in sales of its energy-efficiency platform products such as the C30, the C65, and the C200 platforms. As a result, Capstone saw its revenue increase almost 20% on a sequential basis in the last quarter. Looking ahead, it is likely that this trend will continue as Capstone is increasing its focus on this segment.
Better times ahead
In December last year, Capstone launched its C1000 signature product series. On the back of this C1000 signature product series, Capstone has been able to increase the addressable size of its business in different verticals such as combined heat and power, or CHP, and energy efficiency.
In addition, Capstone Turbine has diversified its offerings by focusing more on markets related to energy efficiency, including renewable energy, critical power supply, transportation and marine. The most important part is that these markets carry potential market opportunities worth $440 million, $340 million, $250 million, $90 million, and $100 million, respectively.
Moreover, Capstone is already making good use of the end-market opportunity as its bookings in the last reported quarter increased to $12.3 million, a sequential increase of over 46%. Going forward, Capstone is focused on increasing its reach as it is looking to increase its base of tier 1 suppliers, while outsourcing and consolidating its manufacturing units so that it can focus on marketing. In fact, it plans to add 100 new distributors globally in the future, which will play a key role in enhancing its sales.
Reducing costs will help improve margins
Apart from focusing on ways to increase the top line, Capstone is also looking to reduce costs so that it can achieve break-even EBITDA. The company has been able to do this by outsourcing manufacturing, which led to a drop of 28% in production, labor, and overhead expenses last quarter. Driven by these cost reductions, Capstone was able to improve its gross margin to 19% in the third quarter as compared to 11% in the second quarter.
As the company is now looking to increase sales of its C1000 series products, while reducing R&D spending and direct costs concurrently, it believes that it will be able to generate around $2.2 million in annual cash savings. This will allow the company to reduce its EBITDA break-even requirements, thereby allowing it to generate EBITDA at a faster pace.
In fact, Capstone believes that its cost reduction efforts will help it reduce the EBITDA break-even level to $30 million at 25% gross margin instead of $40 million at 25% gross margin that was estimated earlier. This means the company will achieve its EBITDA breakeven sooner than expected, as shown below:
Source: Capstone Turbine
Capstone Turbine might have struggled so far this year. However, the company's recent efforts to change the business model have borne fruit and are helping it make a comeback of sorts. Therefore, it will be a good idea to take advantage of the drop in Capstone's share price as it can continue getting better in the long run.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.


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Claire Beale: Time to ditch the gloom and choose reinvention
Everyone keeps telling me it's all going to get much, much worse by the end of the year. Financially, emotionally and all the spaces in between.
It’s not obvious, yet. The big marketing services groups have been posting healthy profits. There’s a glut of big-budget ad campaigns just hitting TV screens (welcome back, the £1 million-plus production budget… we’ve missed you). Marketing spend is up for the first time in a year. We could be feeling perky.
But gloom pervades and agency bosses are sucking their teeth over (expensive) lunch tables. Unemployment levels are at a 17-year high, the Eurozone crisis deepens with every news bulletin, business optimism is at its lowest since 2009, resource-stripped staff are knackered and it’s getting colder.
And then the big global client calls to discuss fees. One network boss told me about his latest difficult conversation: a major client has just demanded a 30 per cent reduction in fees from all their agency suppliers. On top of last year’s 20 per cent cut. And 2009’s 20 per cent cut. And they expect the same for less. And it’s far from rare.
From my perch, it seems agencies have three main options when this happens. Say yes (again) and hope their staff survive. Say yes, trim the service anyway and wait for the business to move. Say yes but find new revenue streams from complementary services. "No" is not an option.
More agencies are choosing to turn their hand to new communication channels and services (design, events, branded content) to win new budgets to supplement the shrinking ones. And then they’re cross-selling their hearts out. True, many of these developing add-ons don’t conform to the comfy retainer business model, but they are making agencies more interesting and provocative companies to work with and for.
Which seems like quite a good reason to take a more positive view of the economic challenges. Budget cuts are forcing through a much over-due re-engineering of what exactly advertising is and agencies do, stretching the old definitions beyond breaking point and stimulating a much broader creative purview for the industry.
In the meantime, there is good news from the IPA’s latest Bellwether report. Though marketers are feeling down about the financial outlook for their industries, they are more positive about the prospects for their own company. The confident spin on this is that marketers are spending more on advertising in an attempt to boost sales and that’s making them more optimistic about the potential for their own companies.
It’s a good time, then, to turn clients on to new commercial tools and channels, just as long as there’s a damn good chance they might actually drive brand awareness, sell more product and improve bottom lines. If they don’t, then we all have permission to feel gloomy.
Claire Beale is the editor of Campaign
This article was first published on campaignlive.co.uk
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Alienware is giving a massive overhaul to their gaming laptops in terms of both form and function.
The announcement comes just weeks after Nvidia unveiled plans to carry their GTX 1080, GTX 1070, and GTX 1060 GPUs over to laptops.
Each of these graphic cards will be included in the new Alienware 17, 15 and 13 respectively.
While Alienware laptops have often carried the tag of weight and bulk, the 17 and 15 models will be shedding some of its load due to the company’s new “hinge-forward” design. In fact, each model will be approximately 20 per cent slimmer than their predecessors.
All three laptops will be VR-ready thanks to Nvidia’s 10-series GPUs, allowing users to plug in VR consoles to experience gaming in a whole new way.
According to The Verge, the new laptop line up will also have an added eye-tracking function that allows the laptop to sleep or boot up based on whether or not you’re looking at the display.
When users are not looking at the screen, the laptop will power down its keyboard backlight. Users will be able to power up the laptop as well just by looking at the Alienware logo at the front, thanks to Tobii’s impressive eye tracking technology.
Specs-wise, the Alienware 17 will come in either the Core i7 processor or a Core i7 K-model CPU for overclocking. It will support up to 32 GB of RAM, SSDs as well as SATA drives, and a Nvidia GeForce GTX 1080 GPU.
The Alienware 15 on the other hand can be configured with either the Core i7 or i5 CPUs, the same RAM and hard drive configurations as the 17 and a Nvidia GeForce GTX 1070 GPU.
Specs for the Alienware 13 has yet to be announced.
Both the Alienware 17 and 15 will be out later this month, with the Alienware 13 launching in November.


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Research from E Source sheds some light into a secret corner of the commercial solar industry. More than one-third of the 802 businesses in the study reported that they had installed solar panels to meet at least a portion of their energy needs. Of those companies, only three percent reported any negative feedback from their utility.
E Source surveyed mid- to large- sized business with 50 or more on-site employees for their report, “How Photovoltaics and Distributed Generation Will Disrupt the Utility Industry: 2015 Quantitative Research Results on Business Customer Acquisition of Systems.”
The eight market segments represented were: manufacturing, retail, grocery, restaurants, offices, healthcare, lodging, and government/schools. The focus of the research was on solar adoption – namely current and future adoption of solar, key adoption drivers and barriers, preferred providers, and purchase criteria.
“We were intrigued that such a large number of companies reported having solar. These large businesses shared substantial detail on their installation processes, their satisfaction with and involvement from their utility, their financial decision criteria, and their success with installation,” says Bill LeBlanc, E Source senior advisor and project director.
In addition to the companies that have already installed solar, E Source found that 83 percent of the businesses surveyed had considered going solar within the last year.
Perhaps the most interesting finding of the entire study was the relationship between these companies and their utilities. While conventional wisdom would have you believe that utilities and solar are destined to clash, E Source found that the opposite was true. According to LeBlanc, “Those customers with already installed solar report higher satisfaction with their utility than non-solar customers. This defies the conventional trade press, which often cites utility dissatisfaction as a driver of defection from the grid.”
So what does this mean for the future? E Source’s research suggests that this growth appears to be a part of an emerging trend. Interestingly the report finds that 80 percent of the companies that had on-site solar and 78 percent of those that don’t reported the belief that their utility would be supportive or neutral about their customers installing a solar PV system.
“Our research provides critical information to utilities on how to create solar strategies for their business customers. We see strong evidence that utilities are generally well positioned to assist their business customers with solar, especially those utilities that have already built a relationship with customers through energy-efficiency, demand-response, and pricing programs,” says LeBlanc.
This report is a welcome ray of sunshine in an era of net metering disputes.


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TEANECK, NJ (Bergen County) — U.S. Congressman Josh Gottheimer (NJ-5) Friday honored Black History Month and visited local Black-owned small businesses in Teaneck. Gottheimer was joined by the store owners, New Jersey State Senator Johnson (LD-37), Assemblywoman Park (LD-37), Assemblywoman Haider (LD-37), Bergen County Commissioner Tom Sullivan, Teaneck Mayor Dunleavy, and North Jersey residents.
Gottheimer first visited Cafe Metro, which opened in 2015 and is owned by Bernadine Harrigan, who was raised in Antigua. Cafe Metro offers authentic Caribbean food and managed to stay open during the pandemic, contributing to the local economy and supporting its employees.
Gottheimer also visited Mortgage Apple Cakes, owned by Angela Logan, who began her business following the 2008 economic crisis when she set a goal to sell 100 apple cakes in ten days to save her home from foreclosure. Her story went viral and, after receiving 900 orders in two weeks, she was able to save her home from foreclosure and fund the opening of her restaurant. Since then, she has catered for the Super Bowl in 2014 and currently sells more than 3,000 cakes online every year.
“This Black History Month — and every month — we not only celebrate Black history, culture, and all the many contributions to the North Jersey community, but we must also continue our work toward justice and equity for all,” Gottheimer said. “These small businesses are incredible examples of our locally-owned small businesses that are the backbone of North Jersey. They create good-paying jobs, support our local communities and economy, and help make North Jersey a great place to live and do business.”
Small businesses are the backbone of New Jersey. There are more than 937,000 small businesses in New Jersey, which make up 99.6% of all businesses in the Garden State. Nearly half of all employees in Jersey work for a small business. Furthermore, small businesses created 24,543 new jobs in New Jersey in 2020.


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While speaking at an event at Foreign Correspondent Club on 5G, Chandrasekhar said the recently issued draft of Digital Personal Data Protection (DPDP) focuses on the protection of data of Indian citizens.
"It (DPDP) does not intend to appoint a regulator and create regulation for the data ecosystem. That is down the road when we create a new bill for Digital India Act. This is a bill which narrowly focuses on data protection of consumers," PTI quoted Chandrasekhar as saying.
The government has issued a draft of a new data protection bill after it withdrew the previous version of the bill from the Lok Sabha in August citing several overlapping rules in the modified version of the bill.
Talking about 5G, the minister said that the next-generation technology is based on open technology ecosystem which provides India with an opportunity to lead the segment from just being a consumer of the technology.
(With inputs from PTI)
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What’s J.C. Penney’s next move?
J.C. Penney entered bankruptcy proceedings with a sense of urgency, setting a deadline of July 15 to secure support from lenders on a reorganization plan or pivot to pursuit of a sale to avoid liquidation.
The bankruptcy was expected as the 118-year-old department store skipped two interest payments in recent weeks. CNBC earlier reported that Penney plans to close 180 to 200 of its 846 stores.
Some 70 percent of Penney’s lenders have agreed to support a restructuring proposal that would reduce “several billion dollars in indebtedness.”
Penney said discussions on a debt restructuring had been ongoing prior to the pandemic. Said CFO Bill Wafford in a court filing, “Unfortunately, once COVID-19 was declared a pandemic, and the company’s primary revenue stream in-store sales evaporated overnight, talks regarding the potential transactions came to a grinding halt.”
Plans also call to split the company into two separate publicly traded entities, one being a real estate investment trust. Penney has “significant unencumbered real property” worth up to $1.4 billion, according to the retailer’s lawyers.
Otherwise, Penney’s turnaround efforts under Jill Soltau, Penney’s CEO since October 2018, are progressing and will continue. Management has shifted focus back to core categories such as women’s apparel and accessories along with an emphasis on customer service and low prices. The most ambitious effort is a remodel in Hurst, TX that features a more open layout, with a fitness studio, video game lounge and style classes.
“Until this pandemic struck, we had made significant progress rebuilding our company under our Plan for Renewal strategy — and our efforts had already begun to pay off,” said Ms. Soltau in a statement. “While we had been working in parallel on options to strengthen our balance sheet and extend our financial runway, the closure of our stores due to the pandemic necessitated a more fulsome review to include the elimination of outstanding debt.”
According to court documents, if two-thirds of its bankruptcy lenders don’t consent to an “acceptable business plan” by July 15, Penney must “immediately cease pursuing the plan” and instead pursue a sale of assets.
- JCPenney to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement – J.C. Penney Company, Inc.
- J.C. Penney, 118-Year-Old Department Store, Files for Bankruptcy – The New York Times
- J.C. Penney store closings coming: Retailer trying to avoid liquidation in Chapter 11 bankruptcy – USA Today
- J.C. Penney Needs Quick Bankruptcy Exit to Avoid ‘Disastrous’ Result – The Wall Street Journal
- JC Penney’s future depends on what happens over the next two months – CNBC
- J.C. Penney Bankruptcy May Not Buy Enough Time – Bloomberg/The Washington Post
- Can J.C. Penney make it without Sephora? – RetailWire
- What will it take to fix J.C. Penney’s shrinking sales problem? – RetailWire
Will bankruptcy make it easier for J.C. Penney to achieve its turnaround? What will Penney need to do to get former customers and new consumers to shop in its stores and on its website?


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Ports globally are experiencing the impact of the economic disruptions caused by the COVID-19 pandemic, with many shippers and ports forecasting declines to increase in the coming weeks.
The port of Oakland in California experienced a 6.5% decrease through April at its total cargo volume, imports, exports, and empty container shipments. Although export loads increased nearly 4% and loaded container volume increased 1.4% in April, it noted that imports declined nearly 1%.
In addition, Oakland also reported a 29% drop in shipments of empty containers back to origin destinations, and also reported that shipping lines have canceled 11% of their scheduled vessel calls in May and June due to dwindling demand by shippers for vessel space.
In the meantime, the port of Houston, the sixth-largest container port in the United States, reported at 12% decline in the number of containers handled in the port (221,540 TEUs) during April.
The port’s total tonnage was declined by 10% at Port Houston’s public facilities in April, including a significant decline in steel cargos primarily used by the region’s energy industry. Year-to-date, the port reported, steel volume is down 50% to less than 800 thousand short tons.
Referring to the port’s state, executive director Roger Guenther stated that up to now seven sailing have been cancelled for June, adding to the port’s total to 26 canceled sailings this year.
It’s yet to be seen what July will look like but hopefully we’ll see some improvement into the summer.
To learn more about additional ports and how they cope with the pandemic, see herebelow


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Enhancing factory efficiency
Samsung (SSNLF) shut down operations at its phone manufacturing plant in the Chinese city of Tianjin on December 31, Caixin Global has reported. Samsung’s decision to close down the factory was reported in early December, with the company saying the decision was part of its ongoing efforts to enhance efficiency in its production facilities, according to Reuters.
It’s unclear at the moment what Samsung might save in costs by shutting down operations at the Tianjin plant. Samsung’s operating expenses were $15 billion in the third quarter, down from $17 billion a year earlier. Ericsson (ERIC) and Nokia (NOK) incurred $2.3 billion and $1.8 billion in operating expenses, respectively, in the third quarter. Samsung made a $12 billion profit in the quarter.
Samsung shrinks its manufacturing base in China
Samsung’s Tianjin factory operated for nearly 20 years, and its closure leaves Samsung with just one smartphone manufacturing base in China: the plant in the Chinese region of Huizhou.
Samsung is shrinking its phone manufacturing base in China at a time when the company’s share of the Chinese smartphone market has also diminished. Samsung’s share of China’s smartphone market has dropped to less than 1.0% according to data from Counterpoint. A few years ago, Samsung was the top smartphone company in China. It has since been overtaken by domestic Chinese phone manufacturers such as Huawei and Xiaomi, as we can see above.
Samsung is working on bringing a 5G-capable smartphone to market this year. In addition to its regular phone making operations, Samsung also recently picked up direct orders from Verizon (VZ) and AT&T (T) to supply them with smartphones that can run on their 5G networks. Verizon and AT&T began offering 5G services in pockets of the United States toward the end of 2018.


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According to ACT Research's most recent used truck market report, Class 8 used truck volumes were down 18 percent in July compared to June, but remained up 13 percent year to date. Pricing remains stable, down 3 percent month over month but up 46 percent compared to July 2020. Average miles and age were up 5 percent and 3 percent, respectively, in July.
“Used Class 8 same dealer sales volumes continued to fight an uphill battle in July, slipping 4 percent compared to June. Historically, sales in June and July are pretty similar, so the decline was a little bigger than expected,” says Steve Tam, vice president, ACT Research. “At the heart of the issue is used truck inventory, which continues to lose traction. Underscoring the point, sales were also down year over year. On a positive note, they remained in positive territory year-to-date, albeit at a declining margin.”
Looking at the different sales channels for used Class 8 vehicles, Tam adds, “Channel results were also mixed, with the wholesale and retail segments in decline in the near term. All three outlets saw lower volumes compared to July 2020. Through the first seven months of the year, both the auction and wholesale markets are still in decline.”
Tam says industry participants, particularly dealers, are beginning to express concerns about the protracted, strong cycle and asking when prices will start to decline. While ACT does no formally forecast used truck prices, Tam says the company believes pricing will remain robust, that is, higher year over year, into the second quarter of next year.
[RELATED: J.D. Power says used market 'not yet showing any signs of pullback']
“Perhaps more salient is that we view the catalyst for change as an orderly attainment of equilibrium between supply and demand, rather than a flood of inventory that could collapse the market. It is also important to keep in mind that when prices do start to decline, it will be from record high levels,” he says.


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WASHINGTON, March 16, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the trade organization for the leading U.S. airlines, today commented on the U.S. Travel Association (USTA) proposed plan for passenger security screening.
"Consumers have been the big winners from a quasi deregulated, highly competitive airline industry, and government taking a huge step backward and dictating how airlines deliver and price their products and services, as the USTA suggests, diminishes customer choice and competitive differentiation among carriers. Such a move benefits no one and unfortunately detracts from important aspects of their recommendations."
Annually, commercial aviation helps drive more than $1 trillion in U.S. economic activity and nearly 11 million U.S. jobs. ATA airline members and their affiliates transport more than 90 percent of all U.S. airline passenger and cargo traffic. For more information about the airline industry, visit www.airlines.org and follow us on Twitter @airlinesassn.
SOURCE Air Transport Association


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LAHORE: Justice Jawad Hassan of the Lahore High Court on Thursday (today) will take up a petition challenging legality of section 3 of the Punjab Prohibition of Manufacture, Use, Sale and Import of Polythene Bags Ordinance 2002, which allows polythene bags below 15 microns thickness.
A lawyer, Abuzar Salman Khan Niazi, challenged the law through a public interest petition, pleading that the impugned section contravened and violated rights to life and dignity guaranteed under articles 9 & 14 of the Constitution, respectively.
He contended that the matter basically pertained to harmful effects on human health and environment caused by the use of polythene bags and Styrofoam products (plastic straws, cups, spoons, plates, food trays and other disposable material).
He pointed out that polythene bags and Styrofoam products were single-use plastics which took thousands of years to decompose and had been damaging sewerage systems, spreading epidemics, polluting soil, causing water pollution and endangering aquatic life.
The petitioner argued that the use of 15 microns thickness plastic bags was an environmental disaster.
Even in third world countries minimum thickness allowed was 50 microns (which was relatively less hazardous for environment).
The petitioner asked the court to issue directions to the provincial government to enact a new law completely banning manufacturing, use, sale, storage, import and marketing of polythene bags and Styrofoam products, in particular single-use plastics.
Published in Dawn, May 16th, 2019


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Coffee fights heart disease
Avid coffee drinkers, raise your mugs. Preventative elements against heart disease, type 2 diabetes, and even liver cancer are steaming in your Starbucks pumpkin spice latte. Contrary to common pejorative thought, studies have found coffee and its components to be beneficial, especially in guarding against heart failure.
A meta-analysis conducted by the Cardiovascular Epidemiology Research Unit at Beth Israel Deaconess Medical Center found habitual coffee consumption to produce a significant decrease in risk of heart failure. The study analyzed data complied beginning in January 1996 through December 2011. The study covered 6,522 incidents of heart failure and 140,220 participants. The data collected measured coffee’s results in different dosages, so a dose-analysis was conducted as well. Three levels of consumption were considered, including a reference level.
Researchers were able to conclude that moderate coffee consumption—about 4 cups—decreases risk of heart failure by 11%. The study showed an inverse association between coffee consumption and heart failure. This evidence was compared to no coffee consumption, although effects decreased as coffee consumption increased, leveling out after 10 cups. The majority of the data studied came from Europe where the average coffee serving is smaller but stronger than in America. The 4 cup a day average actually translates into 2 traditional American servings at Starbucks or a local coffee house.
There has been no evidence to support variance in results based on sex, race, or history of heart trouble, as suggested by previous studies. Original data came from studies that were inconsistent in findings and gauged the effects of coffee by different standards, making results incomparable.
The meta-analysis concluded that the benefits of moderate, habitual coffee consumption refutes the theory that caffeine is completely bad. Evidence for hypertension and higher blood pressure induced by caffeine disappears when consumption surpasses 3 cups daily. Researchers infer that a tolerance or immunity to caffeine’s negative effects is built up through habitual drinking of java, allowing beneficial effects to occur. However, even the negative effects are minimal. When compared to the average dosage in caffeine capsules, caffeinated coffee was less effective in producing negative effects like raised blood pressure.
Further examination of continued coffee intake showed that caffeine was not the only beneficial component of the drink. Coffee, in its varying varieties and roasts, boasts polyphenols and strong antioxidants that protect the body’s cells. High levels of potassium, also good for the heart, and soluble fiber have been found in coffee as well.
According to CoffeeResearch.org, more than 50 percent of Americans drink coffee each day—our campus Starbucks is small scale representation of that. So not only will the caffeinated brew keep students up to study for exams now, but it may also reduce the risk of heart failure later in life.


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EDT October 2, 2013 Celebrity Cruises’ Celebrity Summit. SHARE 7 CONNECT 34 TWEET COMMENTEMAILMORE More than 300 passengers and crew on the Celebrity Summit have been hit with a stomach bug identified as norovirus, according to the Centers for Disease Control and Prevention. The ship is on a two-week Canada/New England sailing, which embarked from Bayonne, N.J., on Sept. 21 and is due to return there on Saturday. In response to the outbreak which the CDC said affected 14.5% of passengers and 1.5% of crew onboard a beefed up cleaning and disinfection plan has been put in place on the ship. The CDC is also working with the cruise line on how to deal with “active cases” and cleansing procedures for when the ship returns to Bayonne. Through its Vessel Sanitation Program, the CDC said it would send an epidemiologist and an environmental health officer to meet the ship and do a health assessment, as well as to monitor sanitation procedures. The predominant symptoms of the gastrointestinal illness are vomiting and diarrhea. “Those affected by the short-lived illness have responded well to over-the-counter medication being administered onboard the ship,” said Celebrity Cruises spokeswoman Cynthia Martinez. “At Celebrity Cruises we have high health standards for all our guests and crew. During the sailing, we are taking a number of steps to prevent the transmission of the illness, including implementing enhanced cleaning procedures and protocols, and using special cleaning products and disinfectants that are proven to kill norovirus to clean throughout the ship. These activities will continue as the sailing proceeds,” Martinez explained. Ill passengers on the current sailing were confined to their cabins to prevent further spread and will be compensated for their lost vacation time, she added. Martinez said an “extensive and thorough sanitizing onboard the ship and within the cruise terminal,” would also take place in Bayonne to prevent the illness from affecting the ship’s next sailing also on a Canada/New England itinerary, embarking Saturday.
Celebrity Fashion Stylist Dana Tycher Reisman Launches DTR Styles Personal Shopping & Styling Service
back in 1995. It’s unclear why the unidentified victim waited so long to file a complaint. Barbara represented himself at his arraignment on Monday morning, and pleaded not guilty. He was released without bail, and ordered to return back to court on Oct. 7. The once press-hungry lawyer refused to talk to reporters as he left court. He faces up to a year in jail if convicted in the choking case – but he has plenty other legal problems on the horizon as well. Barbara in a mug shot released by Nassau County Police on December 4, 2012. RELATED: FALLEN CELEBRITY LAWYER DOMINIC BARBARA FACES STALKING, BLACKMAIL CHARGES Barbara, who in his heyday drove a Bentley, wore $1,000 suits and was a regular on Howard Stern’s radio show, is currently awaiting trial on charges that he tried to blackmail his wife for $200,000. Prosecutors said he’d vowed to release pictures and videos of her with other men unless she paid up. He was also busted earlier this year for swiping a $1,400 Yves Saint Laurent purse from a Long Island store. That case is also pending. DDNY/Broadimage Barbara was a regular to shock jock Howard Stern’s radio show. And while he can represent himself in his criminal cases, he can’t represent anyone else. He was suspended in 2011 for failing to properly bill clients and refund their money.
In reality she (Abraham) got $10,000 upfront and 30 percent of sales, minus the cost of production,” the source said. The entire celebrity sex video genre is a lot of unsubstantiated marketing with very little truth behind it. Its all publicity. Its all hype. (FOX411 reached out to Abraham, who had no comment.) Indeed in the era of free Internet porn and the decline of the DVD, porn insiders say celebs are making less and less for having sex on camera. Paris and Kim made millions, but thats because it was a different time, Blatt said. People were buying DVDs then. Our sources say Paris Hilton made over $13 million for her tape, released in 2004, while Kim Kardashian made over $8 million for her 2007 sex tape with hip hop singer Ray J. President of Vivid Entertainment Steven Hirsch would not talk numbers, but said: “I think after doing these deals for so many years I know how to properly structure them.We aim for fair deals for all involved and if they weren’t profitable, we wouldn’t be in business for almost 30 years.I’m happy with our track record.” Jasmine Waltz, a sometime actress and model most famous for dating celebrities like David Arquette and Ryan Seacrest, released her sex tape, “Real Jasmine,” for Exquisite in 2011. She told us anyone looking to parlay her 15 minutes of fame into a big sex tape payday better watch out. Vivid told me they would give $125,000 and 25 percent of the back end, all the sales that are made.Basically, youll never see the back end after advertisement. You wont get the money. Its a very untrustworthy business, she said. Lawrence Fishburnes daughter got burned really, really bad.She got $60,000 dollars and never saw another penny. Our industry insider confirmed Waltzs story, adding: Montana Fishburnes tape sold pretty well. That was a completely different time.It was $60,000 up front, but she didnt get 70 percent of the tape sales. Fishburne, the daughter of actor Lawrence Fishburne, who at 18 years old made her own porno and had Vivid distribute it in 2010, advises young women to think twice before having sex on camera for money. I dont encourage people to go into the porn industry.Youre not going to be famous, or be a movie star. You may end up having a really sucky life, she said.
What celebrity sex tape ‘stars’ really get paid
Markets open in 5 hrs 24 mins Celebrity Fashion Stylist Dana Tycher Reisman Launches DTR Styles Personal Shopping & Styling Service VIP Service and Experience Affordable and Accessible to Everyday Women Press Release: DTR Styles 17 hours ago Print NEW YORK, Oct. 2, 2013 /PRNewswire/ –New York based celebrity fashion stylist Dana Tycher Reisman will launch new personal shopping and styling service DTR Styles in October 2013, bringing a concierge service previously reserved for the wealthy to everyday women at an affordable price. DTR Styles offers customized personal shopping experiences and styling services that help women of all ages and backgrounds to discover, define and express their own unique, personality-driven style, giving them confidence that radiates both inside and out. Dana works closely with clients to understand their needs and goals in order to develop a unique style profile that suits their personality, lifestyle and budget. DTR Styles provides a range of services including style assessments, personal shopping and styling, special event styling, cyber styling, full wardrobe revamping and total makeovers. “Fashion can be frustrating and intimidating for many women,” says Dana. “By really getting to know my clients’ personalities, how they live and what they want whether they have a new job and want to dress for success, don’t know how to dress for their body type, want to look amazing for a big date, or just can’t find the time to shop for themselves I can help them find their own style and curate a wardrobe or offer guidance that will take the guess work out of shopping and make getting dressed everyday fun and easy.” Born and raised in New York City, celebrity fashion stylist and DTR Styles owner Dana Tycher Reisman spent her childhood playing dress-up amongst the clothes racks at Bergdorf’s and Barneys, and her high school years customizing her school uniforms, hoping to one day share her passion with others. Dana’s love of fashion led her to pursue a Bachelors of Business Administration at Parsons School of Design and then to the personal shopping department at The Americana Manhasset, where she gained extensive hands-on experience. Dana has also consulted on various projects for celebrity friends, photographers and designers. DTR Styles serves clients in New York City, the Hamptons, Los Angeles and Miami, in addition to offering style advice and guidance online. For more information about DTR Styles and Dana Tycher Reisman, please visit www.DTRStyles.com . @yahoofinance on Twitter, become a fan on Facebook Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices


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BANGALORE: Mid-sized privately-held offshore product development firm Symphony Services expects its revenues to ratchet up to $350 million this year after the firm merged with Swedish telecom solutions provider Teleca a couple of weeks back.
Speaking to ET, Symphony's chief executive Sanjay Dhawan said the deal will cross-leverage each others' competencies. The combined entity, called Symphony Teleca, will tap the booming market for providing companies with wireless and cloud-based software and services. Since Teleca is a private firm too, the merger was through a share swap and financial details of the deal was not disclosed.
Both Symphony Services and Teleca are part of the Romesh Wadhwani-led PE firm Symphony Technology Group. Private equity firm TH Lee Putnam Ventures will hold a minority stake. Symphony has worked closely with enterprise software companies, whereas Teleca's software and services have catered to the needs of wireless device suppliers.
"Now, with the Teleca deal under its belt, Symphony will have a broader and deeper product portfolio, staff expertise, and geographic coverage on the wireless front," Dhawan said. The new solutions portfolio will be rolled out in over the next 90 days.
The merged company is already showcasing its brand and suite of advanced software and mobility solutions, including enterprise mobility services, and an app store portfolio at the Mobile World Congress, which kicked off in Barcelone Monday.
The merged firm will have more than 6,000 people - up from 4,100 - and will be the first supplier of its scale focusing on a highly-fragmented market, Dhawan pointed out.
The move is part of Symphony's efforts to grow inorganically, and organically, to become a $500-million entity by 2014.
"Up to this point, we had done 'tuckin' buyouts of firms in the range of $10-30 million. Now we are for acquisition of tech firms with topline between $100 million and $150 million," Dhawan says.
The 'enterprise mobility' sector, worth $150 billion, is going through changes as software companies seek to expand offerings to cell phones, mobile companies rush to keep up with technology leaders Apple and Google, and companies across sectors try to manage a wide array of mobile devices in their networks.
What is throwing up major challenges, industry watchers point out, is the bringyour-own-device trend in global firms. Dhawan, who will be the chief executive of the combined entity, said the firm will have three business units; one focusing on core software, which has been Symphony's strength; a business that offers software and services to device manufactures, which is Teleca's specialty; and an enterprise mobility unit - which is expected to cross-leverage each other's strength.
Symphony Teleca, which will compete with the likes of Accenture and IBM, lists software giants Google and Freescale Semicondutor, and Nordic telecom equipment vendors Ericsson and Nokia among its clients. While Symphony's client base is predominantly in North America, Teleca's market share is Europe dominated.
Dhawan says at the new firm there was little overlap between the businesses and, with the strong growth seen in the market, it was set to hire more staff rather than cutting costs through major lay-offs. Analysing the deal, Symphony's marketing head Keith Higgins said there are a lot of different technologies in use on the mobile application front.


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The Venture Center, based in Little Rock, recently took home the top prize in the Best Fintech Accelerator/Incubator category at the second annual Finovate Awards. The Venture Center bested four other finalists chosen by a group of international judges from the Fintech industry.
“Words could never adequately convey our excitement. Our incredible partners from the state of Arkansas, FIS, and the Independent Community Bankers of America (ICBA) made this win possible and demonstrates what can happen when people, organizations, and entrepreneurs collaborate. Together, we’re showing the world that Little Rock, Arkansas, continues to build on its esteemed fintech history,” said Wayne Miller, Executive Director of The Venture Center.
Additionally, Finzly – a 2020 ICBA ThinkTECH alum – won its category for Best Enterprise Solution. The award is given to a bank or fintech company that excels in the area of enterprise payments, balancing speed, ease of use, and reliability.
Teslar, an Arkansas-based 2019 ICBA ThinkTECH Alum, also won “Best Fintech Partnership” based on its PPP.Bank partnership. The award is given to fintech companies who work together to build something new and groundbreaking.
“Congratulations to The Venture Center for this hard-earned and well-deserved recognition,” Gov. Asa Hutchinson said. “The Venture Center has supported and groomed many impressive companies and entrepreneurs in a short amount of time. The Center’s success enhances Arkansas’ reputation as a leader in financial technology and computer science. We’re proud to continue our partnership with The Venture Center and support its important mission.”
“We are excited to see this recognition for the FIS Accelerator and the successful partnership we have forged with The Venture Center and the State of Arkansas,” said Gary Norcross, Chairman, President and CEO of FIS. “Five years ago, we had a common vision to create a world-class accelerator based in Arkansas. Today, that vision is bringing innovative, real-world fintech solutions to our clients around the world. Congratulations to both The Venture Center and the state for this well-deserved honor.”
“This honor is further validation of the hard work and dedication of The Venture Center in fostering an environment where innovation flourishes,” ICBA Senior Executive Vice President of Community Bank Solutions Kevin Tweddle said. “We’re thrilled to continue our successful partnership with The Venture Center as we embark on our third ICBA ThinkTECH Accelerator program. Together, with the state of Arkansas, we’re helping to ensure that the future of community bank innovation remains bright.”


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I’ve been tracking down information on the beer lineup for the week, and now am passing it along to you.
-On Monday, May 13, the firkin will be provided by Anthem Brewing. It will be a farmhouse ale brewed with a hint of smoked malt, tart cherries and aged on Hungarian oak spirals, brewmaster Matt Anthony said. Anthony also told me he has “something pretty exciting” that he will reveal that night.
-On Tuesday, May 14, the firkin will feature Choc’s Rosemary Biere de Garde. Choc Beer President Zach Prichard described the beer as “one of (brewmaster) Michael (Lalli’s) favorites. This beer was part of Tulsa Craft Beer Week. It was such a success that we want to share it with OKC.”
-On Wednesday, May 15, Roughtail Brewing will provide the firkin. It will be an oaked imperial black rye ale. Brewmaster Tony Tielli said the beer will be “an American-style rye ale, about 9% abv, firmly bitter with spicy rye undertones, complimented by a touch of roast, and opaque black. It will ferment on American oak soaked in rye whisky for an added rye touch.”
-The firkin on Thursday, May 16 is coming from COOP Ale Works. It will be a strawberry-banana cream ale, TapWerks General Manager Greg Powell said. The beer was brewed in a 10-gallon batch and started fermentation with 14 pounds of strawberries and 6 pounds of bananas.
-And as I reported earlier, the Friday, May 17, beer menu will feature a special Sam Adams Pint Night with a special food menu, and individual pours and flights from the Barrel Room Series — 13th Hour Stout, Stony Brook Red and New World Tripel.
-Hope you’re not nostalgic about the name of COOP Ale Works’ German wheat beer. Going forward, COOP has changed the name of Zeppelin German Wheat to Elevator. COOP found out the original name may have ended up getting them in trouble in some copyright circles, and wanted to avoid the plight that Choc faced when it was sued by a Minnesota root beer maker over the 1919 brand. Elevator is a nod to the grain elevators that hold Oklahoma’s wheat harvests.
-Check out this recipe from Ales Kitchen being featured on Craftbeer.com!
-The weekly Thursday pint night at TapWerks tonight is a nod to Cinco de Mayo — Dos Equis.
-Plenty of new beers showing up on store shelves this week, or coming soon:
1. Choc Summer Blonde Ale
2. Green Flash Saison Diego
3. Mendocino Brewing Honey Amber Rose
4. Left Hand Good Juju
5. Tallgrass Ethos IPA
6. Theakston Old Peculiar
7. Anderson Valley Summer Solstice
8. Blue Moon Seasonal Sampler packs


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Bradenton's Motorworks Brewing last week added a slew of new equipment and is adding more in the weeks to come, allowing the beer manufacturer to more than double its production capacity. Motorworks' beers are available in cans and sold in Motorworks Brewing’s taproom and in retail locations throughout Florida, such as Publix, ABC Fine Wine & Spirits, Total Wine & More, Whole Foods Market and more. The new equipment will allow the brewery to meet growing retail demand and also create more small-batch seasonal beers.
06/29/2022 By Sarafina Murphy-Gibson
07/01/2022 By Sarafina Murphy-Gibson
06/30/2022 By Sarafina Murphy-Gibson
Tap the keg
02/01/2022 By Samantha Lane


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In an article for STAT, antitrust litigation partners Dylan Carson and Alicia Batts discussed potential antitrust bills that could limit the ability of technology companies to ascend in the health care industry.
The publication noted that lawmakers advanced a package of bipartisan bills broadly targeted at giving regulators more tools and funding to limit technology companies’ monopoly power.
For example, if a technology company wants to buy businesses to expand current health care services and telehealth offerings, the effort could face an uncertain fate under the new proposals, said Carson.
Even though the bills currently under consideration are narrowly limited to technology companies, once the Federal Trade Commission pushes the boundaries of its enforcement in one area, Batts explained that it could have spillover effects in other areas.
“For folks who want to sell online and use the platform, they can use the law, if it becomes one, as a sword to claim Amazon is discriminating against them, undercutting them on price or making it harder for consumers to access their product,” Carson added.
The full article is available for STAT subscribers.


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After more than 35,000 Nissan LEAF sales in Europe over the last five years, data is showing that battery failure rates there are very, very low. The failure rate for battery units is less than 0.01 percent, says the report from Nissan. "Failure" is defined as being unfit for use, or less than 80 percent capacity. Total battery failures in Europe totaled only three in all and the percentage of failure is far lower than that of combustion engines or even hybrids.
The analysis was undertaken by independent British insurance specialist Warranty Direct and, by comparison, showed that in total, 0.255 percent of vehicles on its books had an issue that led to an immobilization of the internal combustion engine. These ranged from coolant leaks to gasket damage or engine flooding. About 50,000 cars aged 3-6 years were included in the five-year look at vehicle disability statistics.
In the LEAF, however, Warranty Direct found that only three, or 0.01 percent, were defective during that same time frame and in that same age span.
The Nissan LEAF recorded a 33% increase in sales in 2014 over the previous year, taking more than a quarter of the burgeoning electric car market with 15,098 sales.
The Nissan LEAF launched over four years ago in 2010, as one of the first mass-market, pure-electric vehicles. It is now the best-selling electric vehicle in history, with more than 165,000 LEAF vehicles sold globally.


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Fruita will soon gain a new outdoor recreation business drawn to the area by its strong mountain bike culture.
Canfield Bikes, a mountain bike manufacturer, announced Monday that it will relocate from Bellingham, Washington, to Fruita and is in the process of closing on a property near downtown for a new permanent home.
The company is running out of a temporary space in downtown Fruita. It moved Jan. 1.
“We’re super excited. It’s a perfect fit for Fruita,” said Steve Jozefczyk, Grand Junction Economic Partnership deputy director. “(The city has) been working so hard to land an outdoor recreation business. It fits in well with their culture.”
Fruita beat out locations in Idaho and Utah as the future home for Canfield.
Fruita City Manager Mike Bennett noted that landing the business was a community effort because some local citizens involved with mountain biking first approached the city, knowing the company was looking to relocate.
He believes the partnership will be mutually beneficial for both the city and the business.
“It’s evident (Canfield) will have a positive impact on Fruita,” he said. “That’s a huge win for a community like ours.”
The economic partnership assisted in the company’s recruitment and will match Strategic Fund incentives for Canfield Bikes from the Colorado Office of Economic Development and International Trade.
The incentive means that Canfield will receive $3,000 from OEDIT and $3,000 from GJEP for each of the new jobs it brings.
The company must hire an employee and retain that person for a year before it receives the incentives.
The incentive amount is determined by the salary paid at or above the county’s average wage. The company stated that it intends to pay salaries of 111% of the area’s average wage.
The most recent average annual wage for Mesa County established by OEDIT was $43,030.
Canfield currently has five full-time employees. It hopes to grow to 20 over the next five years.
“Canfield Bikes is a great addition to the Colorado economy. Canfield chose Fruita — a region synonymous with the outdoors — and the company’s investment embodies the business expansion and relocation goals that the Strategic Fund was designed to cultivate,” Michelle Hadwiger, director of global business development for OEDIT, said in a press release from Canfield Bikes.
The business chose the area for its strong cycling community and mountain bike culture, yearlong season, proximity to mountain bike parks and trail networks, and the ability to ship goods more quickly to customers around the country.
President and CEO Lance Canfield started the company in 1999 in Utah and later moved it to Washington. He’s been visiting Colorado to ride mountain bikes since the mid-1990s.
“Colorado’s always had a special place in my heart,” Canfield said in a news release. “I have fond memories of working and riding here. The bike community is so amazing and I’ve made so many friends here. I can’t think of a better location to grow our team and the brand in the coming years.”


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Friday, January 13, 2012
By Manoj Kumawat
2012 Mahindra Xylo MPV will soon hit the Indian Roads
The 2012 Auto Expo has introduced the various innovative concepts and a future glance of the Indian automotive industry. The entire year Multi Utility Vehicle (MPV) and SUV (Sport Utility Vehicle) seem to remain in the focus, which are massively appreciated by the visitors.
The all new 2012 Mahindra Xylo MPV is the enhanced version of company’s most popular ‘Mahindra Xylo’, which is expected to hit the Indian marketplace soon in the upcoming months. However, company didn’t keep it in the showcase list of the Auto Expo, but 2012 Mahindra Xylo MPV is expected to launch before the brand new Toyota Innova hits the market.
|See More Mahindra Xylo Pictures||Get Mahindra Xylo Price|
The 2012 Mahindra Xylo MPV comes with few alterations like new headlights, front grille, new bumpers etc. Just like its elder sibling, 2012 Mahindra Xylo MPV comes boosted with a 2.2 litre mEagle common rail turbo diesel engine.
This seven-seater MPV has ample space for luggage as well. The comfort level is expected to be even better, though the previous model too have win hearts over it comfy seating arrangement. The booking of all new Xylo MPV has already been started with the motive to get the maximum of sales, which is definitely favouring the India giant.
The Indian auto giant, Mahindra & Mahindra has plans to bring its three new models by the end of this year including Mahindra Xylo MPV (facelift), Mahindra Reva NXR (electric car) and Mahindra Rexton SUV.


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April 26, 2011
The government said on Monday it plans to regulate electronic cigarettes as tobacco products.
The Food and Drug Administration’s announcement came after the Court of Appeals for the D.C. Circuit issued a decision which said that electronic cigarettes are not drugs or devices unless they are marketed for therapeutic purposes.
In 2009, the FDA was given the authority to regulate tobacco products that are not drugs or devices.
Electronic cigarettes, marketed under names such as NJOY, mimic the act of smoking and include nicotine, but do not emit the same type of odor or ash.
This article was posted: Tuesday, April 26, 2011 at 9:10 am


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Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
Ready meal firm Parsley Box on Friday announced it intends to float on London’s AIM list.
The company who focuses on the baby boomer generation, said it wants to give customers the “opportunity to become shareholders in the prospective IPO.”
Parsley said the IPO is expected to occur in late March/early April 2021.
By mid-January, the company had 154,000 active customers, shipping 900,000 products to customers per month. Parsley feels it can take advantage of the structural shift to eCommerce in consumer buying patterns and a growing target demographic.
For the full year 2020, they reported a revenue of £24.4 million.
Parsley Box provides 60 meals spanning various cuisines and also offers other products, including wines, spirits, cakes, desserts and gifts such as chocolates.
“Announcing our intention to list on AIM to enable our loyal customers to become shareholders marks an important milestone for Parsley Box,” said Kevin Dorren, Parsley Box CEO.
“We see ourselves as a challenger brand that is redefining the category and have only just begun to satisfy the demand of this underserved demographic, with a clear strategy to continue this growth. We also believe we have a first-mover advantage through already having over 500k registered users,” added Dorren.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .