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WASHINGTON (MarketWatch) - U.S. consumer prices were flat in December on a seasonally adjusted basis, held in check by muted energy costs. So-called core prices, which exclude the volatile food and energy categories, edged up a scant 0.1%, the Labor Department said Wednesday. Economists surveyed by MarketWatch had forecast no change in the main CPI and a 0.1% uptick in the core rate.
U.S. consumer prices flat in December
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Instant messaging app LINE is making splitting the restaurant/cafe bill during your next nongkrong (hangout) sesh with friends a little less awkward by launching the aptly named SPLITBILL feature in Indonesia.
While there are already a plethora of apps able to perform the same task out there, LINE’s feature stands out in Indonesia in that it utilizes a nifty tech called Optical Character Recognition (OCR).
With it, all one has to do is scan the physical bill using the phone’s camera and the app will automatically digitize and list the different items and respective prices in the bill. The bill, including tax, can then be split based on what each person ordered.
The feature was introduced after LINE Indonesia carried out a consumer behavior survey involving more than 24 thousand respondents in February. The survey showed a need for the feature after 69 percent said they dined out with friends at least once a week and 68 percent said they usually split the bill.
SPLITBILL is currently available within the LINE messaging app.
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ACCORDING to research findings published by the Kantar Worldpanel, consumption of fashion products in Spain rose by 1.1 per cent in value in the first half of 2015. Figures show that while 15 per cent of Spanish consumers over 15 years old had bought no new item of clothing in 2012, 30m people had bought a textile product in the first half of 2015, which is 240’000 more than in the same period a year earlier. But the keener demand benefited mainly chains that retail low cost merchandise, whose turnover had risen by 44 per cent over the past four years.
After several years of economic weakness, it is to be expected that consumers give preference to low cost merchandise. What is significant is consumers’ propensity to resume consuming; consumption of merchandise in higher price brackets is likely to develop at a later stage.


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Did you know that Disneyland and Walt Disney World had an official flip flop? That’s right, Havaianas, known for energetic and vibrant Brazilian designs in footwear, have a strategic alliance with the Disney company that includes stores at Disney Springs and a number of Disney themed styles in their stores.
They just revealed a new pair of flip flops that were designed in combination with Walt Disney Animation Studios’ upcoming comedy adventure “Moana,” which hits theaters November 23, 2016. “Moana” will be the brand’s first collaboration in conjunction with the release of a film.
“We are inspired by the ingenuity of each and every Disney film, and we look forward to reaching a new generation of fans through this collaboration,” said Marcio Moura, Havaianas’ USA President. “The opportunity is a natural fit, not only because of our existing Disney Alliance partnership, but also because the vibrant and tropical setting of Moana is synonymous with the spirit of Havaianas.”
As a World Premiere sponsor of “Moana,” Havaianas will have a brand presence at the red-carpet premiere and party in Hollywood on Nov. 14, 2016. Also keep an eye on their website for a sweepstakes to co-promote the film and the Moana product in-stores.


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Spotify crosses 60 million paid subscriber milestoneBy Shawn Knight
Spotify's paid user base continues to grow at an impressive rate. After revealing that it had crossed the 50 million subscriber mark back in March, the Swedish streaming music provider now confirms that it has over 60 million paying members on its books.
That's up from 30 million subscribers in March of 2016 and 40 million members in September of the same year. Its active user count, which includes both premium and free tier listeners, sits at over 140 million as of June 2017.
Part of Spotify's surge in subscribers could have to do with recent deals signed with Universal Music Group, Sony and indie label Merlin that allow artists to keep new albums off Spotify's free tier for up to two weeks after launch. Given today's "instant gratification" culture, people will naturally be more inclined to pony up for a subscription in order to hear an artist's latest work.
Spotify is expected to go public with a "direct" listing on the New York Stock Exchange later this year. Such a listing would allow previously private stock to be traded on the public market meaning investors could buy shares from current owners. As the Financial Times highlights, this would let Spotify avoid some fees associated with a traditional listing.
The streaming outfit currently services 60 markets around the globe with a catalog of more than 30 million tracks and two billion playlists.


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Southland biz leaders feted in Tinley Park
By Mike Nolan email@example.com April 11, 2013 7:04PM
Updated: May 13, 2013 6:37AM
Outstanding business leaders were recognized Thursday as part of the Chicago Southland Chamber of Commerce’s Business to Business Expo at the Tinley Park Convention Center.
The event, in its 28th year, featured area businesses displaying their products and services.
Receiving the chamber’s Business Achievement Award, which recognizes a company’s significant growth, was Tim McEnery, founder and chief executive of Cooper’s Hawk Winery & Restaurants.
The Economic Advocacy Award, presented to an individual or company that has significantly impacted job growth in the Southland, was presented to John Lagestee Sr., president of Walt’s Food Centers.
Receiving the chamber’s Small Business Person of the Year Award, recognizing the staying power of a business with 50 or fewer employees, went to William Sandrick, owner of Sandrick Law Firm.
The Young Entrepreneur of the Year Award was presented to Brandon Raimondi, owner of Sublime Development.
The Business Woman of the Year Award was given to Vicky Linko, owner of Funk Linko Inc.
The Business Education Award went to Reggie Greenwood with Chicago Southland Economic Development.


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Tom McIntyre has had his eye on Stand H14 at the West Side Market for years. Located in the northeast corner of the market, Dani’s Seafood has been an ambition of his ever since he began working for his mother, Kate, while he was still in high school. Now, as the proprietor of Kate’s Fish
, McIntyre finally has gotten his wish. He recently purchased the business and has ambitious plans to completely rework the space and business.
Kate McIntyre launched Kate’s Fish (Stands F12, F13) in 2001, expanding the business both figuratively and literally when she grew into the adjacent wraparound stall. While Tom worked at Kate’s on and off over the years, it wasn’t until 2008 that he fully committed himself to the business of selling fish.
“My mom had built up a nice little business, but she was in trouble, behind on invoices, and she was thinking of selling the business,” Tom recalls. “I said, ‘You’re not selling the company; I’m moving home.’”
Since coming back, McIntyre has increasingly taken on more and more responsibility, juggling the jobs of principal fish cutter and company manager. One of the first things he began doing was forging new relationships with better wholesale suppliers.
“In the beginning, we never really thought about buying direct, which is the same way the local wholesalers buy it – off a truck out of Boston, Florida or Virginia, or you get stuff flown in from Alaska, Hawaii or Seattle,” McIntyre explains. “They don’t want to deal with a small company or a company that doesn’t have credit. It’s been a long, long process, but once we started buying direct, it opened up a whole new world of products that we can bring in.”
It’s not just the variety of products, he adds, but the quality of those products.
“Seafood is a ticking clock; the product is going bad before you even get it,” he says. “By buying whole fish instead of buying fileted fish you can check the freshness of the fish. Are the gills red? Are the eyes clear? Is it shiny? You can’t tell that from looking at a skinless filet.”
As any loyal customer of Kate’s Fish well knows, the quality and variety of the products on display in the coolers has continually improved each and every year, and it evolves with the seasons just as local produce does. Spring ushers in soft shell crabs from Chesapeake Bay and halibut cheeks from Alaska, which are followed by wild salmon from the Pacific Northwest and walleye from the Great Lakes. Then come the stone crab claws from Florida, live lobsters from Maine, and sweet bay scallops from Nantucket.
“We are always trying to expand our product line, but there’s only so much room in the case,” he says.
In addition to the raw fish and seafood, Kate’s has been steadily adding more prepared foods like smoked salmon, seafood salads, bouillabaisse, and cook-and-eat crab cakes. The reasoning behind products like those are two-fold: it’s what any smart chef does to add value to an ingredient, but it’s also a reaction to an evolving customer base.
“The market has gone on this crazy roller coaster ride for the last 16 years and through it all, we’ve built up this business,” he explains. “We’ve seen the grocery-shopping crowd turn into a tourist crowd on the weekends. You’ve got to get creative and change with the times. The weekend crowd is not coming in to buy 20 steaks to take home and freeze. They very much want to experience the neighborhood. They want to eat something. Prepared foods like pastries, crepes, gyros, falafel are killing it.”
Dani’s Seafood – what many people derogatorily refer to as the “stinky fish place” – has been around since 2002. But that corner space has been a fish market ever since the West Side Market opened in 1912. The space is much larger than it appears owing to a wall of walk-in coolers, which McIntyre plans to remove during a gut renovation of the space that, in the end, will net him a full kitchen, a market perk reserved for corner spots.
“I want to change the way people think about seafood in this town,” he explains. “I want to make really good seafood approachable and affordable. Growing up, we always went to the shore for summer vacation and to me, good seafood is fresh, casual, low-key food.”
While still early in the planning, McIntyre says to think coastal seafood shack, with items like fried whole belly clams, lobster rolls, poke, fried fish sandwiches and dinners, live lobster plucked from tanks and cooked to order. Steamed shrimp, fried shrimp, peel-and-eat shrimp.
“You name it; the possibilities are limitless.” he says.
McIntyre is more than comfortable investing in a 105-year-old public market that often is the butt of criticism from both shoppers and vendors. And rightly so. The city-run structure needs constant attention and improvements, and nearby parking lots have been commandeered by pleasure seekers bound for boozy W. 25th Street.
For all the naysayers, McIntyre offers some pretty sage advice.
“The market isn’t perfect; it needs a little TLC, but we had a record year last year,” he says. “For too many vendors the mindset has always been cheap, cheap, cheap. Do you see the kinds of people who are coming through there now? Differentiate yourself: sell Prime beef, sell grass-fed beef, sell pork that isn’t coming from Daisyfield, don’t sell 5-dollar flats of rotten strawberries. If you’re selling a good product, people will come to you.”
Look for the as-yet-unnamed project to open in early 2018.


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We just spied a Jaguar E-Pace lapping the Nürburgring covered in camouflage from front to back. Jaguar released the first E-Pace as a 2018 model year, so we’re fast approaching what will be the model’s first light refresh.
Things don’t appear to be drastically changing from an exterior design perspective. The same shapes, cutouts and vents are all visible on the rear fascia and hatch. Even the slick taillights look largely the same as the E-Pace that’s on sale now.
If there’s going to be some change in this crossover, we suspect it’ll be up front where the coverings change from skin-tight camo print to pieces of fabric that completely disguise what’s underneath. Two cutouts in the fabric are visible on the side air intakes, presumably allowing air to pass through to keep the E-Pace’s vitals cool on the Nürburgring. Possible changes include a new grille and front bumper design, most likely mimicking the lightly massaged F-Pace front end design.
Seeing that Jaguar spent most of its time upgrading the F-Pace’s interior, there’s a good chance Jaguar is doing the same with the E-Pace. It’s definitely the area that requires the most attention, especially now that the F-Pace’s interior is so handsome. We’d love to see Jaguar put as much tech and style into its small crossover, and this is its chance to do that.
Powertrain options shouldn’t depart much from what you can buy now. There’s a P250 packing a 2.0-liter turbocharged four-cylinder that’s good for 246 horsepower. The upgrade is the P300 with a more potent four-cylinder, raising output to 296 horsepower. Seeing as the recently redesigned Evoque still has no engine more powerful than the E-Pace, the Jag will likely carry over these power units, as well. If anything, the E-Pace will gain a mild-hybrid powertrain option, which could be what Jaguar is stress testing on the Nürburgring right here.
Jaguar still hasn’t announced the 2021 E-Pace, so this model could be the refresh. If they’re not as far along as we guess, it’ll certainly end up being the 2022 E-Pace. Either way, an improved E-Pace isn’t that far out.


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Nestle to retain edge over HUL; high valuations to cap big upside though
Nestle to retain edge over HUL; high valuations to cap big upside though – As a part of the benchmark Nifty50 index, but their March quarter performances stocks of Hindustan Unilever and Nestle India are both tradings at premium valuations as the 2 multinational fast-moving commodity companies apart on their growth trajectories.
The performance of HUL — with an outsized share of discretionary products in its portfolio — was adversely hit from the center of advance account of the Covid-19 outbreak and subsequent national lockdown, with the corporate reporting 7 percent drop by volume growth for the quarter.
In contrast, the performance of Nestle India was beyond the Street’s expectations — because of the panic buying of its food products during the lockdown period. the corporate posted 10.7 percent growth in income, its highest growth in three quarters. Its presence within the staple categories of dairy, noodles, ketchup, and confectionery helped Nestle post brisk sales despite restrictions on public movement.
Incidentally, HUL, the country’s largest FMCG company, is yet to form a mark with its food and refreshment portfolio. The segment contributes just around one-fifth of its total revenues and has 17 percent Ebitda margin. HUL’s acquisition of top nutrition brand Horlicks and other GSK Consumer Healthcare brands like Boost and Maltova has strengthened its food and refreshment portfolio but drained its cash kitty.
With high profit and profitability than HUL over the past three fiscals and also outperformed the latter on the bourses have ruled above 20 percent throughout the past eight quarters. it’s the sole FMCG company till now to post a growth in revenues within the March quarter to be resilient in the face of the competition from larger players like ITC.
Nestle India is predicted to still outperform peers and emerge one among the foremost promising FMCG stocks within the current turmoil. Its premium valuations could cap any major upswing — an equivalent reason why the stock fell over 5 percent on Wednesday despite the stellar March quarter show.
Read more Private Sector News on India Frontline.


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Obsessed with mobile growth? Join us February 23-24 when we reveal the best technologies and strategies to help your company grow on mobile. It all takes place at our 5th annual Mobile Summit at the scenic Cavallo Point Resort in Sausalito, CA. See if you qualify here.
Wargaming’s first console game launch was a huge success.
This week marks the one year anniversary of the launch of World of Tanks on Xbox 360. Wargaming’s popular PC tank battling MMO has over 100 million players worldwide, showing no signs of slowing. The franchise continues rapid expansion with the addition of spin-offs World of Warplanes and World of Warships. A large part of the expansion plans of the Nicosia, Cyprus-based company last year was a proper console version. It chose Microsoft’s Xbox 360 to start their console efforts mainly for its large registered user base — 70 million users this time last year.
Today, Wargaming shares milestones and interesting statistics from the excellent first year for World of Tanks Xbox 360. The game saw 5.4 million downloads since its launch in January of last year, with players found in 148 different countries. And a lot of battling took place since then: 570 million tanks have been destroyed across 34 million battles.
These and other interesting starts are shared in a new infographic from Wargaming, shown below:
Above: World of Tanks celebrates a great first year on consoles.
Want more? Join us February 23-24 for our 5th annual Mobile Summit where the most senior leaders and best minds meet to discuss the latest mobile growth strategies at Cavallo Point Resort in Sausalito, CA. See if you qualify here.


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Articles of Interest
NutraIngredients Awards Class of 2018: 'Prize was a validation our technologies'
Founded in 2015, winning their first award in 2018 by NutraIngredients for Start-Up of the Year, Pharmako Biotechnologies has gone from strength-to-strength using the award win as a platform to build on the firm's growth in the nutraceutical sector.
Join us at the Sports Nutrition Summit in San Diego, February 3-5
Not all ingredients used in sports formulations are efficiently absorbed by the body. This presentation sheds insight into which classes of ingredients are poorly absorbed, and how it is possible to increase the absorption of these popular ingredients. Smart formulation design can have a huge impact on absorption. Interested??? George Kokkinis and Dr Alistair Mallard present the informative discussion "How Lipid Based Delivery Systems (LBDS) can change sports performance, recovery and products" on Tuesday 4 February
SMEDDS technology improves CoQ10 absorption 3 fold
AquaCelle-Q10 allows brand companies to either reduce the dose and cost of an expensive ingredient or improve the efficacy of Q10, notes said George Kokkinis, cofounder/Technical Director at Pharmako Biotechnologies. NBR Nutraceutical Business Review publish the article.
Delivery system AquaCelle increases Omega-3 absorption by six-fold
The self-micro-emulsifying delivery system from Pharmako enhances bioavailability of Omega-3 ethyl esters in healthy subjects under low-fat diet conditions, new study reveals.... read the article published by NBR (Nutraceutical Business Review) to find out more.
Delivery System Technology Shown to Enhance CoQ10 Absorption
A study demonstrated Pharmako's AquaCelle®'s ability to absorb Q10 as effectively as ubiquinol. Read the article published in Nutraceuticals World to find out more.
Self-emulsifying delivery system increases CoQ10 absorption by 3 times - human study
Nutra Ingredients-Asia article out today.
Pharmako delivery system boosts omega-3 absorption 6 fold vs standard fish oil.
Read the article published by Nutra Ingredients-USA
Pharmako features in European Specialist Sports Nutrition Awards 2019
Pharmako brings home the Winners award for our LipiSperse® technology in 'Most Innovative Idea', and Levagen®+ receives Highly Commended for 'Best Sports Nutrition Ingredient' at the ESSNA awards in London on the 06/12/19 in London.
NutraIngredients Asia 2019 award Pharmako Biotechnologies for our LipiSperse® technology with the Nutrition Research Project of the year.
LipiSperse® is a patented dispersion technology, developed and manufactured in-house in Australia.
Pharmako Biotechnologies have been selected as a finalist for the prestigious
2019 Premier's NSW Export Awards, in the International Health category.
Fantastic news today! Pharmako Biotechnologies Pty Ltd are honoured to achieve, and be accredited with Australian Trusted Trader status.
Australian Trusted Trader is a trade facilitation initiative by the Australian Government, Department of Immigration and Border Protection, which recognises businesses with a secure supply chain and compliant trade practices.
At the Sports Nutrition Summit in Amsterdam, Dr Paul Clayton delivers a presentation on the latest sports studies with HydroCurc and Levagen+ for recovery.
Pharmako Biotechnologies were proud to have George Kokkinis the company founder, present during the 10th International Nanomedicine Conference.
The event was co-hosted by the Australian Centre for NanoMedicine (ACN), UNSW Sydney. The main objective of the conference is to share novel research that may lead to prevention, diagnosis and/or treatment of some of the most challenging diseases. For the presentation see the learn more tab
Pharmako and Gencor Pacific supporting our partners Cambridge Commodities with Addenbrookes Charitable Trust fundraiser. Eric Meppem our co founder rides the incredible 300 kms in 2 days through Flanders in Belgium.
University researchers to study brain health potential of HydroCurcⓇ curcumin extract
Australian Company wins GLOBAL AWARD for innovation.
Absorption Excellence- why customisation is key to boosting omega-3 bioavailability
Watch the interview from Singapore by Gary Scattergood Editor-in-cheif NutraIngredients-Asia with Pharmako co-founder Eric Meppem.
Absorption enhancement: Australian human clinical trials show effectiveness of novel delivery method, Dr David Briskey presents at the Omega 3 Summit .
Pharmako Biotechnologies is proud to sponsor Omega-3 conference with industry giants DSM and BASF.
LipiSperse® formulations feature in sports recovery.
Pharmako patent approval for delivery system technology opens doors for NPD and new partnerships
Pharmako Biotechnologies has had its patent for LipiSperseⓇ approved by the World Intellectual Property Organisation (WIPO), opening the door for Pharmako to develop novel formulations for lipid-soluble compounds.
Visit Pharmako at Supply Side West in Las Vegas! See you at booth 4773.
Australian Pharmako Biotechnologies wins TWO inaugural awards in the NutraIngredient Awards held in Singapore in conjunction with Vitafoods Asia.
Pharmako Biotechnologies wins CMA Annual Awards, Quality raw material supplier of the year!
Pharmako Biotechnologies proud finalists in the export council of Australia's awards for 3rd year running.
New published study demonstrating LipiSperse's superior bioavailability of curcumin
Pharmako recognised as a "Business of Tomorrow" winner by Westpac.
Pharmako wins global award! Announced as Triple finalist in 2018 NutraIngredients Award in Geneva.
Pharmako featured in New Hope Deep Dive.
03/02/2018, as referenced on pages 5, 7, 9, 10, 19, 20 and 38
© Copyright Pharmako


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Big Corporate CEOs Hike Their Salaries
The salaries of chief executives in the FTSE 100 increased by more than a third last year, but most small-business owners have frozen their own pay, the Forum of Private Business (FPB) has said.
During the same period, average pay levels for workers across the UK increased by just 2% — half the rate of inflation — effectively meaning a pay cut for most employees.
Small creative-agency Bliink’s managing director, Tim Coates, said most small-business owners would choose to reinvest surplus funds rather than take large salaries.
“For us, like many small firms, the priority is to grow the business and invest in new strategies or at the very least, maintain a sensible cashflow.”
Commenting on the figures, Trades Union Congress secretary, Brendan Barber, said:
“Pay arrangements for chief executives bear little resemblance to economic reality.”
FPB spokesman, Chris Gorman, agreed that the picture for small firms was very different.
“Few business owners are able to award themselves even modest pay rises in the current economic climate.”
“Towards the end of last year, small firms were reporting slight increases in turnover, but hikes in fuel costs and energy bills have wiped out profitability for many. Most small firms are still in survival mode and pay rises are likely to be way down the priority list.”
Gorman said that most small and medium-sized business owners took salaries that reflected the fortunes of their business, rather than simply setting a salary level unrelated to trading levels.


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Job offersmore »
- Account Manager European Countries
- Business Operations Manager - Guyra, Australia
- Export Commercial Assistant - Barcelona, Spain
- Farm Construction Manager - Phoenix (AZ) USA
- Lemon/Citrus Packing-house Manager - Phoenix (AZ) USA
- Account-Manager - Wickede/Ruhr, Germany
- Grower for pot plant production - Tönisvorst - Germany
- Assistant Grower & Growers - Ohio, USA
- Fruit & vegetables Export-Import manager - Avignon or Perpignan, France
- Area Manager North Europe - Netherlands
Top 5 - yesterday
- “Single pineapple box ready for introduction”
- "Packing under our own brand is about driving innovation, driving taste, adding value"
- Central Valley grape crop benefits from lack of extreme heat
- Multi-million dollar campaign and in-store displays drive Halos mandarin sales
- Plums and cherries: Delicious new hybrid from California
Top 5 - last week
- Second season for Idaho's only commercial blueberry grower
- Walmart plans to sell Japanese supermarket unit Seiyu
- Greenyard under fire after listeria contamination
- AU: New fully recyclable packaging set to take fresh produce industry by storm
- NY cherry growers could harvest sweet profits with tall greenhouses
Top 5 - last month
Exchange ratesmore »
Asean countries call for better packaging to cut fresh produce waste
With 50 percent of the fresh produce of developing countries in Asia lost to insufficient or inefficient post-harvest facilities, officials are now calling for better packaging to help ensure food security and provide better income for farmers.
During the first Association of Southeast Asian Nations (Asean) Packaging Conference, Science and Technology Secretary Fortunato dela Peña sought the need for the 10-nation bloc to develop and strengthen government-industry partnerships to help minimise food waste.
Based on studies, Dela Peña said that developed countries usually reported a food spoilage and produce damage rate of 5 percent at most.
However, in developing countries like the Philippines, the figure balloons up to 50 percent due to “insufficient packaging, lack of packaging appreciation, and absence of trained and skilled packaging specialists.”
In the Asean region, most farmers use baskets, sacks, plastic bags, cartons, wooden crates or foam plastic boxes to transport fruits and vegetables.
Rosa Rolle from the UN Food and Agriculture Organisation said that while most of these packages were cheap and accessible, they were of poor quality and did not prevent the produce from being damaged during transport from farm to market.
For example, she said that 29 percent of tomatoes packed using these materials usually ended up in the trash. The figure was higher for mangoes at 38 percent, and cauliflowers at 52 percent.
To prevent further losses, Rolle said that governments should step in and help farmers avail themselves of better packaging options, such as the use of plastic crates.
Publication date: 11/14/2017
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Cisco Systems is embracing a global standard for powering network-connected devices over Ethernet, allowing its customers to take advantage of a potential flood of third-party products such as sensors and wireless access points that don't require a conventional wall socket.
The standard, called IEEE 802.3af, is now available on a wide range of enterprise switching products from the dominant Ethernet vendor. Cisco previously used its own power-over-Ethernet technology, developed in 2000, before the standard was ratified.
It would continue to support that approach wherever possible in addition to 802.3af, senior manager of worldwide product marketing for LAN switching at Cisco, Steven Shalita, said.
Power over Ethernet technology is designed to ease the deployment of some devices connected to a LAN by eliminating the need to plug them into a conventional power socket.
The 802.3af standard offers more power than Cisco's earlier technology, potentially extending the range of devices that can be powered over the network to include IP security cameras, motion detectors and card readers.
It also opened the door to more advanced color Internet Protocol (IP) phones and multiband wireless LAN access points, Shalita said. With 802.3af support, a networked device will be able to draw as much as 15.4 watts of power from an Ethernet port over standard copper wire used for Ethernet. Cisco's older technology supported about 6.5 watts.
This was enough for some IP phones and wireless access points but not some other devices, he said.
"There's going to be a whole new range of devices that are going to be able to use power over Ethernet," Shalita said.
Traditional power outlets cost between $US100 and $US300 each, a cost that might be saved if a remote device can work without one, Shalita said.
Wall jack standards also vary from country to country. The 802.3af specification is the first standard for power that is uniform around the world. Besides opening up a broad market for gear that uses power over Ethernet, it may eventually make life easier for travelling users. Though it can't deliver enough energy to fully power a typical notebook PC, it could help extend battery life by trickle-charging a notebook - or an MP3 music player, Shalita said.
It's still early days for power over Ethernet, with a broad market emerging only since last June when the 802.3af standard was approved, but the technology was likely to come in handy, not just in "green field" sites but in existing buildings, Meta Group analyst, Chris Kozup, said.
"With the advent of power over Ethernet and with it being the first universal power standard, there is a lot of potential here for emerging applications," Kozup said.
As enterprises start harnessing IP to enhance functions such as building security and heating and cooling, being able to bypass conventional power systems simplified deployment, he said.
"You're kind of killing two birds with one stone," Kozup said.
Though standardisation might clear a path for some kinds of new devices from a variety of third parties, it was unlikely there would be a free-for-all with other technologies, such as IP phones, Kozup's said.
They would need to work with higher level functions to work with platforms such as Cisco Call Manager software, he said.


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Brussels has been accused of driving building businesses across Europe to the brink of insolvency after imposing antidumping duties on imports of Russian birch plywood.
The anti-dumping duty – which adds a charge of as much as 15 percent to Russian birch plywood – risks piling more pressure on companies already reeling from chronic supply shortages and battling a surge in inflation, according to a letter signed by more than 100 companies.
Officials imposed the anti-dumping tariff following an investigation into a surge in cheap Russian birch plywood exports, amid fears producers from the country were flooding the European Union market and pricing out domestic rivals.
On 7 October, the Birch Plywood Alliance sent a letter to the Commission expressing regret that the antidumping duties proposed by the European Commission on Russian birch plywood.
The combined effect of shortages, potential duties, and the incessantly increasing prices will be hard-hitting, the letter says. Therefore, the Alliance urges the Commission to suspend the proposed anti-dumping duties should they get adopted by the Member States.
The text of the letter:
The Birch Plywood Alliance, representing 133 members from 25 EU Member States, regrets the antidumping duties proposed by the European Commission on Russian birch plywood. The proposal simply does not consider the ongoing price hike, the resulting market turbulence, the current raw materials shortage, and – above all – the fact that duties will hurt EU users of birch plywood and European companies.
Continuing the trend from the last months, the average price for birch plywood has risen throughout September. As a result, compared to July 2019 average plywood prices have increased by 270%, from 485 EUR/m3 to 1305 EUR/m3.1 This does not come as a surprise, as it is expected for global timber prices to continue increasing for the foreseeable future. For example, the World Bank forecasted that timber prices keep climbing at least until 2024.2
The market dynamics causing the price increase are structural, the main factor being the rise in demand from the construction sector. Following the Commission’s emphasis on using wood products in the Green Deal, Renovation Wave Communication, and Forestry Strategy for 2030, Europe’s public policies will only reinforce this trend. For example, France already requires half of the materials used to construct public buildings to be wood or other natural substances.
The price hike is an enormous cost burden on European companies, including users of birch plywood, most of which are SMEs. Timber shortages have hampered business, stalled construction projects and left importers, distributors and users in the dark. In Belgium, 80% of companies active in the timber sector are affected by the shortages. Two thirds of the companies show delays of two weeks, and one third have delays of at least one month.
Moreover, EU users do not have alternatives to birch plywood. Other raw materials do not have the same technical characteristics and switching raw materials cannot be done without making major investments. For many of our members the entire production machinery – i.e. whole factories – would have to be replaced or restructured.
For these reasons, and the evidence provided during the consultations, we urge you to suspend the proposed anti-dumping duties. The combined effect of shortages, potential duties, and the incessantly increasing prices will be hard-hitting. A suspension might be the only respite for the EU’s birch plywood importers, distributors and end-users.


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This year’s gamescom ends on August 30th.
Canceled but not gone.
It’s unknown if they will delay or simply hold a digital event.
Organizers will evaluate the possibility of a physical event in mid-May.
For now, coronavirus isn’t affecting gamescom.
CD Projekt RED, Ubisoft, and THQ Nordic Among First Confirmed Gamescom 2020 Exhibitors, Sony Absent From the List
Sony could still confirm attendance later in the year.


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TAMPA, Fla. (AP) -- Hillsborough County is giving financial incentives to Internet retailer Amazon.com to build a distribution center.
County commissioners unanimously approved the package at a meeting Wednesday.
Officials say the 1-million-square-foot, $200 million warehouse in Ruskin will create about 1,000 jobs. The Tampa Bay Times reports that Amazon would get rebates from the county amounting to $600 per worker, while the state would provide incentives totaling another $2,400 per worker. The county's incentive payments to Amazon would be spread over four years and begin only after the facility is built and occupied. More can be seen at this link; http://goo.gl/DDnpQ.
Gov. Rick Scott and Amazon announced a deal last week in which Amazon would create a total of 3,000 new jobs in Florida by 2016. With a physical presence in the state, Florida residents would have to start paying sales tax on items bought through the website.
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QMx’s Iron Man Light-Up Q-Fig Coming This Summer
First seen at Toy Fair earlier this year, official details have been released by our friends over at QMx on the newest addition to their Q-Fig line: the Iron Man Light-Up Q-Fig FX Diorama. Let’s check it out.
The Marvel Iron Man diorama by Quantum Mechanix is clad in his signature, high-tech armor and boasts an illuminated base of fiery jet exhaust (batteries included). Special metallic paint gives his armor a brilliant, eye-catching sheen as he blasts off on his next mission. The diorama is inspired by Marvel’s Captain America: Civil War.
The Iron Man Q-Fig diorama measures over 5.5 inches tall and will be priced at $19.95. It begins shipping in mid-June and joins the many other Marvel-branded products QMx will be releasing in 2017.
Keep an eye out on the QMx website for more information and to pre-order the figure, which is coming soon.


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Xiaomi has scheduled an event in China on January 10th to launch a new smartphone. The invite has 4800 written upside down hinting at a 48MP camera phone that was teased by Xiaomi President Lin Bin in an image last month. The image showed a large sensor along with dual LED flash. Another teaser hints at a large sensor and 3x zoom.
Honor already introduced its V20 smartphone with a 48-megapixel camera last week. This will likely come with the same Sony IMX586 1/2-type (8.0 mm diagonal) sensor. It could be powered by Snapdragon 675 11nm Mobile Platform since Xiaomi has already confirmed that it will launch Snapdragon 675-powered smartphone this year.
Since we have a week to go for the event, we can expect more details about the smartphone in the coming days.


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According to Coinbase CEO Brian Armstrong, Apple’s App Store policies have hindered the company’s product plans. He blamed Apple for restricting features from its app and being unfriendly to the crypto business overall.
Brian Armstrong Curses Apple
On a recent episode of the Superstream podcast, Coinbase CEO and co-founder Brian Armstrong slammed Apple for “potential antitrust issues.”
Armstrong appeared on the Superstream podcast on April 20 to discuss cryptocurrency, entrepreneurship, and the current state of Coinbase, the firm he co-founded.
Before criticizing Apple, he implied that crypto investors would one day be able to use “crypto-compatible” devices with special hardware features.
He claimed that “Apple hasn’t played really well with crypto until now” claiming that the business had rejected many of the features they wanted in the app but that Apple wouldn’t allow it.
“Apple hasn’t played really well with crypto so far, they’ve actually banned a bunch of features that we want to have in the app, but they won’t allow it – so there are potential antitrust issues, ” They said.
When asked whether Coinbase would ever release its own hardware wallet, Armstrong disclosed the information. He claimed that the company already has a co-branded hardware wallet with Ledger, but the two big mobile operating systems need to expand their ecosystem of products to include crypto.
Related Articles | Here’s Why Apple Removed Trust Wallet From Its App Store
Crypto-compatible phones are good for crypto
When asked whether Coinbase will be creating its own cryptocurrency hardware wallet, Armstrong said he doesn’t think most users will have a separate wallet just for bitcoin.
He says that most people would prefer to use something built into their phone. However, he believes that big technology — specifically, Apple — doesn’t allow the functionality that would be needed to make a user-friendly phone-based wallet possible.
While Armstrong hasn’t specified which features are banned, he does warn that crypto-compatible phones will be required in the future and could become popular.
BTC/USD falls below $40k. Source: TradingView
This isn’t the first time Armstrong has expressed his displeasure with Apple. In 2020, he noted that Apple’s App Store policies hindered bitcoin creation.
While Coinbase may not be able to get all the functionality they want, Coinbase users have access to a number of Apple-specific features.
The crypto-based Coinbase Card got approved for use in Apple Wallet in June 2021. Users can use the card to spend cryptocurrency as cash anywhere in the world.
Coinbase also accepts Apple Pay for cryptocurrency purchases.
Related Articles | Apple CEO Tim Cook Keeps Bitcoin and Ethereum as Part of Diversified Portfolio
Featured image from Getty Images, Chart from TradingView.com


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A McDonald’s franchise in California has flipped their Golden Arches upside down in recognition of International Women’s Day.
The owner of the fast food restaurant south of Los Angeles told Business Insider that she turned the “M” upside down in a “celebration of women everywhere.”
But the single franchise won’t be the only place you can see the “W” displayed. All McDonald’s social media accounts will also feature the flipped logo.
“In celebration of women everywhere, and for the first time in our brand history, we flipped our iconic arches for International Women’s Day in honor of the extraordinary accomplishments of women everywhere and especially in our restaurants,” McDonald’s global chief diversity officer, Wendy Lewis, said in a statement to the website.
In addition, 100 restaurants will have special “packaging, crew shirts and hats and bag stuffers.”
The marketing move follows other products such as Johnnie Walker, which released a limited edition “Jane Walker” label for the month of March.


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WhatsApp is the world’s most popular instant messaging platform with 2 billion active users. Since its debut in November 2009, the platform has undergone a myriad of changes, bringing new features that have changed the messaging experience, ultimately replacing traditional SMS as the primary form of text messaging. Over the years, it has become kind of a one-stop-shop, offering text messaging, voice calling, video calling and even business and payment facilities. Since it has such a massive user base, protecting their data and privacy is crucial, for which there is end-to-end encryption on the platform. Now, it is rolling out another security feature that allows users to log in via passkeys.
In an X post, the official account of WhatsApp announced that the platform is rolling out the ability to log in to the app via passkey instead of traditional 2-factor authentication. Their accounts can be accessed via face unlock, fingerprint authentication, or even PIN. This development comes just a week after Google encouraged its users to adopt passkeys, enabling password-less login.
For the unaware, Passkeys can be considered a replacement for passwords which allow users to sign into supported websites and apps through biometric authentication or facial recognition. These are FIDO credentials that are stored on the device itself and not any server, thus, potentially reducing the chances of it getting leaked online.
This feature was first leaked by WABetaInfo in August in the Beta version of WhatsApp. A hidden passkey setup menu was discovered which stated, “You can now use your fingerprint, face, or screen lock to verify if it’s you with a passkey.”
WhatsApp has announced that this feature is initially being rolled out to Android users in the coming weeks and months. “Android users can easily and securely log back in with passkeys only your face, fingerprint, or pin unlocks your WhatsApp account”, the post said.
Passkeys on iPhone
WhatsApp is not the only platform that is moving towards a password-less future. At its WWDC event in June last year, Apple also unveiled its Passkeys. Users can create passkeys for each website by using Face ID or Touch ID which will be securely synced across Apple devices, including Apple TV.


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Platinum Equity completed its acquisition of Pelican Products, a designer and manufacturer of protective cases and gear for professionals and outdoor enthusiasts and temperature-controlled supply chain solutions for the healthcare industry. BofA Securities was the lead underwriter for debt financing in support of the transaction.
“Over more than four decades Pelican has established a powerful brand, inspiring strong loyalty from some of the world’s most demanding customers,” Jacob Kotzubei, a partner at Platinum Equity, said. “We are very excited about the company’s potential to build on that heritage and further expand its reach. There is a lot for us to do operationally, both in capital investment and also intellectual investment in terms of new product innovation, more efficient manufacturing and enhancing the go-to market effort.”
Headquartered in Torrance, CA, Pelican Products maintains 11 manufacturing sites, 19 service centers and network stations and 23 international sales offices across 27 countries.
“The Pelican brand is well known for its commitment to durability, safety and superior product performance and innovation,” Matthew Louie, managing director at Platinum Equity, said. “In our view, it’s the gold standard of the protective case industry and that’s solidified and supported by a strong brand equity. We look forward to working with the company’s management team and deploying our operational and M&A resources in support of the next phase of Pelican’s growth and expansion.”
Phil Gyori, CEO of Pelican Products, will continue to lead the company following the transaction.
“The entire Pelican team is excited about our new partnership with Platinum Equity, as they have an impressive record of helping companies maximize their potential,” Gyori said. “Platinum will offer a fresh perspective on our business, along with specialized expertise and the resources to fuel our growth and expand our robust collection of products and services.”
Gibson Dunn & Crutcher served as legal counsel and Willkie Farr & Gallagher provided debt financing counsel to Platinum Equity on the Pelican Products acquisition.
Credit Suisse served as exclusive financial advisor and Latham & Watkins served as legal counsel to Pelican Products.


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Update: word is the speed of ps3 trophy profile viewing has been.it wouldnt let me play because there was a firmware update2.76. I did nothing wrong here but downloading the update has apparently broken my ps3. Update 2.76.downloading and installing the playstation 3 system software update will update.ps3 firmware update 2.76 and vidzone coming soon. May 14th,.ps3 update 4.76 released todayupdate.download ps3 firmware update 2.76 the last from sony 2009 red moon torrent.bit torrent scene.download the latest update data from the internet.director of playstation network operations eric lempel confirmed that a ps3 firmware 2.76 was.as sony said earlier, the update is just preparing the ps3 for the next major software update.reports of bricked ps3 consoles, now also known as.an update to the playstation 3 system software was released on 1st november.
2016.more than a minor patch.the gamer access is a rapidly rising portal of original video game industry content.you can use this update to upgrade your system software to version 4.81.playstation 3 firmware 2.70. Boogerboymeister views.2:11. Ps3 text chat: firmware 2.76 vs.this is a minor update.an update to the playstation 3 system software was released on 1st november.download ps3 firmware update 2.76 the last from sony 2009 red moon torrent.bit torrent scene btscene a public file sharing platform.ps3 firmware update 2.76 and vidzone coming soon. May 14th,. The gamer.ps3 firmware v2.76 update. Options. Hello, i just wanted to provide.new ps firmware update available for download. But at least we get an.how to update ps3,ps4 using flash drive.how to. How to download ps4 firmware update via usb. Ps firmware.
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Victoria Beckham Pantsed By Saks Fifth Avenue?
Victoria Beckham’s denim line, dVb, will reportedly no longer be carried by major department store Saks Fifth Avenue.
Page Six reports that Beckham’s line has been dropped due to her decision to release her more upscale designer dress collection (which she unveiled at Fashion Week) through competing store Bergdorf Goodman.
It hasn’t been a denim paradise for Posh, 34.
Her dVb collection has been dropped from stores such as Kitson and Henri Bendel due to low sales.
“Saks dropped Victoria Beckham’s line and will not reorder more. They were offended when she sold her dress line to Bergdorf’s and not to Saks, even though Saks launched her denim line in their New York store. Bergdorf never carried her jeans, but they got her designer line anyway,” a source says.
There was also the issue of price combined with slim Vic’s status as a neophyte designer.
“Nobody wanted to buy $300 jeans from someone who is not a trained designer,” the source hissed. Ouch.
Beckham’s rep sorta/kinda confirmed the story but tried to give her jeans hope for the future.
“At this time there is no Victoria Beckham product stocked at Saks, but we continue to work closely with several leading stores and many independent US fashion retailers,” the rep said in a statement.
Would you buy Victoria’s $300 jeans? Let us known in our poll!


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Popular Nigerian socialite Seun Egbegbe has proved that he doesn’t just want to get off the news headlines just yet.
The Lagos big boy was recently accused of stealing and trying to defraud a phone store at the popular computer village and when it seemed many had forgotten, Mr Seun Egbegbe had to come back in our faces again.
According to a certain Pearl9ja Instagram page, Mr Seun was caught trying to rip off an unsuspecting mallam of 10 million Naira earlier today pretending to be a medical doctor.
Reports we got from the instagram page is that Mr Seun is back chilling in the police custody.
We will be bringing you updates on this issue soon enough.


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- Startup.Network and Unicorn Events have launched a series of Unicorn Battles 2022
- The first in the series was the battle of Gaming, Entertainment, and Media startups
- Top 10 in the niche got to pitch their startups before the audience of guests, angel investors, expert board, and judges, who chose the winner
On January 20th 2022, Startup.Network and Unicorn Events launched yet another series of their Unicorn Battles. Once again, the organizers literally scanned the globe to pick the best startups from all niches and industries to compete for the attention of world’s top investors.
The Battles are online, and unlike in previous Battles, this time startups are grouped by industry, and starting from the first event and throughout the rest of January and whole February, startups from various industries will pitch their ideas before the judges, experts, and guests who will select winners every Thursday. Finally, on March 3rd 2022, the finalists will come together at the Unicorn Cup World Finals to find out who is the ultimate champion of these Battles. The first battle was dedicated to Gaming, Entertainment, and Media. As usual, each startup representative got six minutes: three for pitching, and three for Q&A.
The event was moderated by Lena Yavtushenko, head of the Unicorn Battle Asia, and Kate Inozemtseva. The first speaker was Anna Fedorova, CEO of Unicorn Events, who welcomed all the participants, introducing the sponsors and judges (interestingly, each representing a different country), and shared a brief intro on the progress and prospects of the industries of this Battle’s themes.
The Battle’s judges included:
- Alexander Soroka, CEO at Network.VC, the Battles’ Platinum Sponsor – a judge at all battles
- John Kojiro Moriwaka, director of Startup Grind Fukuoka, representing Japan
- Maria Kochmola, co-founder and managing partner at The Games Fund, representing Russia
- Marcus Sigurdsson, partner at Typhoon 8, representing Hong Kong
- Kivilcim Cayli, managing partner at Pareto Ventures, representing Turkey
- Subrata Patra, managing partner at Ideacapital Ventures, representing India
- Kay Gruenwoldt, investor at Mindgame Fund, representing the Netherlands
- Sergei Filippov, managing partner at Morphosis Capital Partners, representing Singapore
After the brief introduction of the experts board and the voting system, the word was passed on to the stars of the show – the startups:
#1: Blerp, the USA
Blerp specializes in short sound clips. Namely, it helps users find, publish, and use short sound samples or ‘soundbites’ as they put it. Derek Omori, the startup’s co-founder, shared that 1M+ of user-generated sound clips are getting shared 500K+ times per week already. Essentially, users can have custom sound clips inserted into their videos or any activity. Blerp is integrated with a number of recognized platforms including YouTube Gaming, Twitch, Tiktok Live, and more.
Blerp monetizes via several methods: live streaming (the streamer sets a price for a sound, and the viewer pays), hotkey app (where a user sets custom sound clips to be played across any integration), and API (mostly requested by big platforms).
The platform relies heavily on viral growth.
Answering the judges’ questions, Mr Omori specified that Blerp is growing particularly well through the creators’ (twitch streamers, voice actors, etc.) economy. Speaking of the competitive landscape, he mentioned only potential competition from some of the services under development at Google – which are currently not playing in this space but do have the functional for that.
#2: Steam Data Suite, the Netherlands
Eric Diepeveen, Steam Data Suite’s COO, began with talking about the unprecedented growth of PC gaming over the past few years and how the game developers’ struggle to keep up in this ever-changing landscape. Namely, the severe competition makes it difficult to get a game noticed by the players, which decreases the sales and revenue of all competitors. According to Mr Diepeveen, it leads them to spending too much on ineffective marketing strategies.
The startup’s COO mentioned that the situation was similar with mobile gaming about ten years ago. The overabundance of gaming apps gave rise to an entire ecosystem of SaaS solutions for marketing. A similar niche for PC gaming, however, remains vacant. Steam Data Suite offers data-driven decision making for the marketing of PC games that allows developers to reduce their costs and improve their sales.
The Q&A section covered the startup’s pricing tiers and GDPR-compliance. Additionally, Mr Diepeveen got the chance to specify the reason for the mentioned gap between mobile and PC gaming: it’s because PC gaming has significantly less events that could be tracked and analyzed by a marketing team. However, he pointed out that the situation is changing as mobile games become more resource-heavy and move to PC.
#3: AISpotter, Finland
From the get-go, AISpotter’s CEO Anri Kivimäki explained that AISpotter works similarly to Google – it returns only the most relevant result, only not with text but with video content. The service takes seconds to process hours of footage and return only the key moments. For example, one of the startup’s clients is a broadcast company that used the technology to create goal compilations from two-hour football matches. The client can later distribute the footage through any channel they want – their own platform, third-party video hosting, etc.
In a nutshell, AISpotter replaces a team of people manually looking for highlights, saving not only the effort but also tremendous amounts of time.
In the Q&A section, Ms Kivimaeki said that the company studied the possibility of implementing its technology for cyber events, and it can indeed be used, for example, in cyber sports. She also specified that the company is handling the sales in-house, and the sales cycle takes up to 3-4 months, – this is the purpose for which the startup requires further investments.
#4: AcceleratXR, the USA
Jean-Philippe Steinmetz, the startup’s co-founder and CEO, began his presentation with a few words about the startup’s history. AcceleratXR started in 2018 as a small team of seasoned game developers who got tired of the ‘rat race’ that results from the game development cycle – when the game development takes too long and by the time the game is ready, the audience is no longer interested. This leads to tremendous loss of time and investments repeatedly.
AcceleratXR set out on an ambitious goal of reducing development costs, operating costs, and time to market. With that in mind, the startup developed what they ambitiously call ‘the world’s last gaming platform,’ i.e. the platform that would provide everything needed and nothing else would ever be required. To achieve that, they made their SaaS solution open source, integrated with various engines, and having all the necessary tools and features to allow game developers to focus on building content.
To the clarifying questions from judges, Mr Steinmetz specified that AcceleratXR is essentially a plug-in for an engine and not an independent engine.
#5: Gravity The Studio, the UK
Gravity the Studio combined blockchain and fashion by creating virtual apparel as NFTs for metaverses and social media. Emily Shahaj, the startup’s founder and CEO, began by pointing out that Web 3.0 brought the humans’ tendency to ‘dress up and show off’ online. Users design their avatars for each platform again and again. At the same time, fashion and game concept design are the two industries that have traditionally been avoiding each other. In Web 3.0, this is no longer acceptable.
With Gravity the Studio’s solution, users can purchase an NFT apparel and apply it to their photos or avatars across a variety of partner platforms. They can later resell their NFTs, and the startup also profits from such deals.
Ms Shahaj mentioned that the existing competitors are largely different in both business model and aesthetic in that Gravity The Studio both creates apparel and makes it wearable cross-platform. The startup is fine-tuning this model before offering digitization services to fashion and apparel brands.
Following a question about fashion branding from Mr Sigurdsson, Ms Shahaj told that brand strategy was her background. That’s why Gravity The Studio adopted best practices from luxury fashion brands, including the content-focused approach on social media. However – Ms Shahaj reiterated – the startup aims at a B2B model and uses its own apparel as a sandbox. To move further, Gravity The Studio is currently working on an API that will enable it to onboard other brands.
#6: Beyond, Russia
The problem is that the streamer only interacts with about a dozen of viewers while others remain passive watchers. Beyond’s solution is creating a new gaming platform that gives streamers more opportunity to interact with viewers and monetize them through subscription fees and/or advertisement.
In the Q&A section, Beyond’s CTO went into a little more detail concerning monetization. This includes paid services for viewers and players, including matches, challenges, and missions. As for the supported games, they are Fortnite, League of Legends, CS:GO, DOTA 2, and more to come.
#7: iDos Games, Kazakhstan
What makes iDos Games stand out is that it is working on its own metaverse of mobile play2earn games. The startup’s CEO Temerlan Kalyrzhanov began by explaining that the startup works on the border ground between the gaming and crypto industries.
Their first game, ShootGun, is the first mobile multiplayer first-person shooter with a variety of playing modes. Unlike in other play2earn games, the game is free, but players can still earn IGT (in-game tokens) by playing. Interestingly, players don’t need any prior knowledge of crypto. Mr Kayirzhanov claims that the game teaches players how to create a crypto wallet, how to withdraw money, etc. According to him, the combination of all these mentioned features puts ShootGun ahead of both traditional first-person shooters and other play2earn games.
The ecosystem includes an NFT marketplace where users can create and sell NFTs, even without actually playing the game.
Answering the audience’s question, iDos Games’ CEO shared that ShootGun is currently only available for Android. The iOS version is ready, but Appstore has a different policy on crypto, and that’s why the launch takes longer. Mr Kayirzhanov also reminded that the startup is working on a metaverse, i.e. there are more games to come, where players will be able to use the same tokens and avatars.
#8: D3 Golf, the USA
D3 Golf is a platform for betting on golf matches. The startup’s EVP of innovation Peter Meng went straight to the point by explaining that the idea is to allow people to bet on themselves and have an actual influence on the outcome as opposed to pure gambling as it happens in traditional sports bets.
Essentially, the technology is largely inspired by online poker where players don’t need to be in the same location or time zone (often, their moves aren’t even limited in time). D3 Golf translates this approach to golf.
It doesn’t only allow friends or random partners to play and wager against each other. Celebrities can play against multiple players and wager against them and donate their winnings to charity. However, the in-game maths levels the field so that fans had an actual opportunity to win and cash their winnings.
To conclude, Mr Meng pointed out that the technology doesn’t limit itself to golf and can equally be applied to any sport.
In the Q&A section, Mr Meng shared that the founders only had golf in mind, but given how much wider the platform’s applicability is, they would probably have to consider rebranding.
#9: Fanprime, France
Fanprime’s co-founder Julien Raoust began with the very idea behind Fanprime – a way for organizations to monetize their fanbase within the metaverse. He pointed out that fan attention and engagement are increasingly valuable resources, but at the same time fans don’t get the recognition that they deserve.
Fanprime’s solution is to enable the organization to track the fans’ digital, social, and transactional activity, and reward them based on that within the organization’s loyalty program.
Essentially, Fanprime creates a custom platform for an organization where fans can register and create their profiles. All fans’ activities will be registered here and rewarded by the organization, for example, with NFTs. This way, the organization doesn’t only monetize and increase fan engagement, but it also acquires more data of its fans.
To a clarifying question from the audience, Mr Raoust reiterated that Fanprime is a B2B SaaS and does not keep its own database of people registered on its players – it is only up to the client organizations. He also shared that the service garnered a surprising interest from retailers that also have fan bases and want to build loyalty programs based not only on purchases but also on social media engagement.
#10: Tuttifrutti Interactive, India
The startup’s managing director and CEO Ajish Habib began with introducing the company as the only female focused game developer in the world and their arguably most famous game – Darkarta – as their award-winning debut.
According to him, the problem is that the female gaming market is severely underserved. It is particularly acute given how engaged and numerous female gamers are. Female gamers are different in the way that they are more interested in emotionally engaging and story-driven games that are free to play and freshly-themed. Tuttifrutti Interactive’s most famous games – the mentioned Darkarta and the Sophia’s Adventures series are exactly that.
Ms Kochmola pointed out that despite game developers don’t specialize in female-oriented games, there are still a lot of competing products on the market. Mr Habib’s answer was that the company intends to increase user loyalty and user acquisition by heavily relying on user feedback and using AI to build emotional connection with users.
Voting and Results
Having wrapped up the final pitch, the moderators gave the participants a few more moments to finalize their votes. There were four categories of voters: guests, business angels, expert board, and judges. The judges had the most decisive votes, and they got a chance to share a few words about why they had voted the way they had.
It was a thrilling race with two main leaders – Gravity the Studio and iDos Games – leading one to think that NFT remains the hottest thing in this industry. The situation was close to a tie, but the British-Russian NFT fashion and apparel startup Gravity the Studio finally won by a close margin.
Kostiantyn is a freelance writer from Crimea but based in Lviv. He loves writing about IT and high tech because those topics are always upbeat and he’s an inherent optimist!


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Wednesday, September 21, 2011
As reported on several news outlets and blogs... Windows 8 is giving startup malware the <a*hem*> "boot". Stories can be found on ARS Technica and Tech World. Quoting from Tech World, "Probably the biggest security addition is Windows 8’s support for UEFI 2.3.1 secured boot technology (which requires BIOS support), which stops early-booting malware from interfering with antivirus products before they load into memory."
Posted by CD at 11:35 PM


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Teens Overeating at 'Healthier' Subway Restaurant
It may seem like healthier food than a fast food chain, but a new study finds teens are packing in the calories at Subway as well.
The study in the Journal of Adolescent Health found that teens are just as likely to consume too many calories at Subway as they are at a place like McDonald's.
It found adolescents buy about 1,000 calories worth of food for a meal at both chains, and that's 150 calories more per meal than is recommended.
Teens were asked where they'd go for a healthy meal and most said Subway, but what they got there had almost the same amount of calories as what they got at McDonald's.
McDonald's has more carbohydrates and sugar, but Subway has more sodium.


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NYC enclave gets meat on bones
Published: May 02, 2013
More chain stores may be on the way to the Meatpacking District (MPD) – already home to outlet chains Patagonia and Lululemon. The MPD is a neighborhood in Manhattan which runs roughly from West 14th Street south to Gansevoort Street, and from the Hudson River east to Hudson Street, although recently it is sometimes considered to extend north to West 16th Street and east beyond Hudson Street.
With an average asking rent of $183 per square foot in the Village and MPD in the first quarter of 2013 — up 11 percent from $165 at the beginning of 2012 — commercial rental costs could triple when the new Whitney Museum of American Art opens in 2015. According to experts, retail rents could soar to $500 -600 per square foot. As a result, smaller businesses may find themselves priced out and MPD, besides restaurants and clubs, may find more national retailers coming to the area as landlords demand higher prices.
Brooklyn is another area that is undergoing transformation. In fact, home prices in Brooklyn are getting so high, some buyers are heading back to Manhattan. The median price of a Brooklyn home in the first quarter rose 14.4 percent to $515,000, the highest price reached since the second quarter of 2008, according to a report from Douglas Elliman. Brooklyn’s prices are being pushed up by strong demand coupled with a sharp decline in inventory, which fell 45% in the quarter to a five-year low. Prices in North Brooklyn, which includes the luxury condos of Williamsburg, jumped by 30% in the first quarter to $691,000.
But sales fell sharply — by 45%. Even east Brooklyn, which has been an epicenter of the city’s foreclosure crisis, also saw prices increase – by 5.2% to $390,000. Brooklyn rents are also up – the average rent in March reached $2,971, an 11.5% increase when compared with March 2012.
Meanwhile, South Florida home prices have continued their rise as eager buyers chase a dwindling supply of homes for sale, in most cases paying near the full asking price. The median price of a single-family home in Miami-Dade County soared 25.1 percent to $225,000 in March from $179,850 a year earlier, while the median price of a Miami-Dade condo jumped 19.3 percent year over year, to $167,000 from $140,000, according to the Miami Association of Realtors.
While there has been a lot of attention on Latin Americans’ interest in South Florida real estate (as I’ve written in my past columns), Canadians are another group which is helping the Florida real estate housing market emerge from the doldrums – particularly in Southwest Florida. A study prepared for the Consulate General of Canada in Miami found that Canadians purchased $2.1 billion worth of residential real estate in Florida in 2010, accounting for 8 percent of all home purchases and 36 percent of all foreign-buyer deals. The Sarasota-Manatee area was cited as the most popular among Canadian buyers in 2010, the most recent year measured, according to the Consulate General report.
This is it for today, dear readers. I am available to answer your questions and provide you with more information on New York City, Miami and U.S. real estate.
• Riccardo Ravasini is a real estate maven and an active agent in New York and Miami. He grew up in Italy where he studied business and finance at Bocconi University in Milan before moving to the U.S. He enjoys assisting people in the search for the perfect rental apartment as well as international buyers looking for smart investment properties. Contact him at +1-917-214-2509 or email@example.com.


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This final note on the way out today, an apropos statistical follow up to our China theme this Wednesday — the problems unrestrained growth can present.
The Chinese government announced today the economy slowed just a hair last quarter. All the way down to 9.5 percent. Which gets us to the problem: The inflation that growth like that brings, especially in food prices.
But Beijing’s got a solution: Grow more pigs. The government announced today it’s going to invest almost $400 million in pork production and try to bring down the price of what is basically a staple food there.


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Google started its yearly I/O developer conference on Tuesday in a rather familiar fashion – by showcasing a bunch of crazy technologies, both in terms of hardware and software, then claiming many of them have been available to us for some time now. Well, as far as the backend is concerned, naturally.
On the other side of the contemporary smartphone navigation formula is what appears to be a new effort aimed at redesigning Android, primarily with the goal of making it much more visual. It’s not like the world’s most popular operating system resembled MS-DOS until today but what Alphabet’s subsidiary showcased in its hometown of Mountain View, California, suggests that as time goes on, you can expect even the most fundamental of today’s internet experiences to change in a radical manner.
Take the example of the newly announced move at bringing Search and the company’s augmented reality platform closer together – searching for something like a great white shark online is now an activity that’s likely to turn into an AR exhibit in a matter of seconds. Ditto for trying to figure out what tendons are or exploring many other topics associated with human anatomy, animals, or products. Speaking of products, it’s no surprise that this is the part whereat Google gets most excited about – monetizing a virtual illustration of how insignificant your beat-up Chevy looks like next to one of the ocean’s most deadly predators is certainly not an easy task, as many will surely be able to imagine.
However, pushing a new shirt collection, ice cream flavor, TV, or a 5G router to consumers using the AR version of Search as soon as they look for something remotely similar based on their Internet browsing history and over a decade’s worth of online habits is a different scenario altogether. After all, that kind of highly targeted, invasive advertising has been at the very core of Google’s flagship project since its inception. So, as much as a native level of AR integration is a novel concept in the context of modern operating systems, so does this move mostly come down to the Alphabet-owned firm staying within its comfort zone.
A more visual operating system is what that even first-time users will likely have little issues adjusting to, while simultaneously serving as a unique new feature for existing users to toy around with. Even if they conclude it’s a gimmick, they’re still likely to give it a sping once first encountering something like a 1:1 recreation of the Eiffel Tower on the parking lot of their local supermarket (which is just an illustration, Google has yet to disclose how landmarks fit into this AR-focused future of searching the World Wide Web).
Improved accessibility is now of vital importance to Google seeing how the company pretty much reached the last tech-savvy consumer on the planet that isn’t located in China a while ago. However, the joys of public ownership leave it under constant pressure to deliver more growth, higher profit margins, bolder outlooks, and generally do whatever it can to continue its quest toward becoming the world largest conglomerate of monopolies, as even some of its own investors are now saying while calling for its parent to be broken into pieces so as to minimize the chances of – collusion with dictators.
Antitrust concerns aside, there’s no denying that the tech Google showcased during today’s keynote is amazing in its own right, so the fact it’s set to become available to consumers in a matter of days is certainly exciting. The tech giant said all of the newly unveiled AR features of Search will be going live by the end of the month so we can continue being distracted by shiny new smartphone apps while our digital privacy continues to erode as a result of highly questionable business practices. Oh, did we mention you’ll soon be able to watch low-res shark models float around you? How cool is that!?


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Townsquare Media Group and Just Jared Inc. have entered into an exclusive partnership. Just Jared (JustJared.com), will partner with Townsquare Media Group’s national digital business, consisting of a portfolio of premium music and entertainment-focused digital properties, reaching over 60 million US monthly unique visitors.
Just Jared, a multi-media entertainment group that includes flagship site Just Jared (JustJared.com), teen spin-off site, Just Jared Jr. (JustJaredJr.com), Just Jared YouTube Channels and Just Jared-branded events, delivers a fresh perspective on pop culture and entertainment news to nearly 4 million US monthly unique visitors.
Recognized for its positivity and upbeat coverage, Just Jared – highlighted as one of the world’s leading Entertainment sites by Vanity Fair, InStyle, & The New York Times – has experienced rapid growth since 2005. Just Jared, Inc. is wholly owned by founder/editor-in-chief Jared Eng and CEO Jason Eng.
“Townsquare Media continues to attract top notch entertainment partners that reflect our solutions-focused, multi-platform business. We are thrilled to add Just Jared to our influential premium portfolio. They approach celebrity news with an authentic and refreshing perspective and are very well respected by readers, advertisers and the entertainment industry alike,” commented Andi Poch, Senior Vice President, National Digital Sales. “This is a very exciting time for TSM. We are ranked #1 in music by Comscore; we deliver a much larger audience than all our competitors; and we continue to be a magnet for premium publishers.”
Townsquare Media has quickly established itself in the Music & Entertainment space, achieving its first #1 ranking in music from ComScore and most recently creating a 250-channel network on YouTube.


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Buffalo Wild Wings-backed PizzaRev maps first wave of franchise growth
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PizzaRev, the Buffalo Wild Wings-backed fast-serve pizza chain, has mapped out its growth plan.
The California-based company announced agreements Tuesday with four franchise companies for a total of 23 new PizzaRev locations.
The newly announced franchise agreements are for 12 PizzaRevs in Orange County, five in the San Diego area, three in Utah and one each in Sioux Falls, S.D., Fargo, N.D., and Lincoln, Neb.
The four companies building the PizzaRev brand appear experienced in franchising. One owns 18 Applebee's and eight Famous Dave's.
PizzaRev already had seven locations in California with another three planned to open in the next two months. The chain also has plans for Minnesota locations. The first Minnesota location is in Hopkins, and is likely to open in April or May, PizzaRev spokesman Jeff Zuckerman said.
A major reason Minnesota is PizzaRev's second growth market is because it's the home turf of Golden Valley-based Buffalo Wild Wings, which is acting as local franchisee.
Chipotle-style pizzerias are a hot trend in the restaurant business right now (and have even drawn Chipotle itself into the mix). Pizza Studio, another California-based chain, will open a fast-serve pizzeria in Mall of America next week.
"It speaks to the interest and excitement of the niche," Zuckerman said. "We have our approach and they have theirs. We are excited to open in Minneapolis."
Nick Halter covers retail and sports business.
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Elderly man beaten in Queens; suspects tried his credit card at Bronx smoke shop
QUEENS - The NYPD is searching for the suspects they said attacked and robbed a 69-year-old man in Queens, then attempted to use his credit card to make a purchase at a Bronx smoke shop.
It happened Thursday around 3:40 a.m. in front of 61-111 Fitchett St. in the Rego Park section.
According to police, the victim was walking when he was approached by two individuals who punched him several times in the face.
The three individuals are described as men with dark complexions and slim builds, last seen wearing black clothing and black masks. (NYPD)
The individuals took the victim's iPhone 14, wallet containing credit cards and backpack before fleeing in a vehicle operated by a third individual, police said.
Around 4:20 a.m., the individuals allegedly attempted to use the victim's stolen credit card to make an unauthorized purchase at a smoke shop located at 11 East Moshulu Parkway North in the Bronx.
The vehicle the individuals used is described as a red minivan.
An image of the vehicle. (NYPD)
The three individuals are described as men with dark complexions and slim builds, last seen wearing black clothing and black masks.
The victim sustained non-life-threatening injuries. He was transported by EMS to NYC Health and Hospitals/ Elmhurst in stable condition.
Anyone with information is asked to call the NYPD's Crime Stoppers Hotline at 1-800-577-TIPS (8477).


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Egmont will publish Fashion Conscious by academic and journalist Sarah Klymkiw and illustrator Kim Hankisnon in August next year ahead of London Fashion Week 2020.
The book is being described as “an empowering call-to-arms for the Greta Thunberg generation, offering an in-depth look at the fashion industry and a range of ways that young people can become campaigners for change,” and will be printed using vegetable ink with a plastic-free cover.
Klymkiw told The Bookseller: “Never has it been so important to consider the impact that our clothing choices have on our planet. After reading this book, I want young people to shake up the fashion world – to demand answers and to take action both as conscious consumers and active citizens. We have the power to collectively change the world with a change of clothes.”
The Youtube video is from at talk given by Klymkiw last year.


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Following a recent overhaul, GAME’s online retail arm has enhanced its site with a set of new features – including customer product reviews – which it hopes will maximise sales in the run-up to Christmas.
The new Gift Selector is designed to give specialist guidance when buying for others, while the Click and Collect service allows users to have their products sent to their local GAME store.
The new Wish List function also allows the creation of a Christmas list to be emailed to family and friends.
The High Street giant has most intriguingly introduced a customer reviews section. In a similar way to product comments featured on online retail colossus Amazon, GAME customers are now able to post write-ups of particular titles straight onto the site.
This latest initiative has been designed to increase online traffic as shoppers try to wade through the flurry of triple-A titles that have hit retail recently.
Customers rightly expect a high level of specialist service from GAME no matter which channel they’re using to shop with us,” said Alex Croft, managing director of GAME online.
We’re constantly developing new ways to make our customers’ lives easier – by helping them choose and buy their favourite games. We’re delighted to offer these new services in time for Christmas.”


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Is GM Stock The Best EV Stock To Watch This Week?
Electric vehicle stocks are on fire again this week. The industry leader Tesla (TSLA Stock Report) saw its stock price soared past $1,800 for the first time, without any obvious reason. If we are to pinpoint what exactly boosted TSLA stock, it is most likely driven by Wedbush analyst Daniel Ives’ decision to boost his 12-month price target to $1,900. This is following the 5-for-1 stock split announcement last week. You could also assume that the stock price continued its momentum from last week.
All in all, there’s no doubt Tesla’s rising tide lifted the whole EV space this year. As of this year, the EV benchmark, the KraneShares Electric Vehicle and Future Mobility ETF (KARS Stock Report) is up 22%, versus a mere 4% gain for the S&P 500. Many experts believe this is just the beginning of the EV revolution. The optimism of rising consumer awareness and coupled with government strengthening support could be the reason for the serendipitous rally this year.
Shares of General Motors (GM Stock Report) also rallied to its highest level in 3 months after Deutsche Bank analysts speculated the automaker could spin-off its electric vehicle unit to create more value. From the GM stock performance, investors seem to be in favor of such a restructuring.
General Motors’ Core Business Is Viewed As Being In Long-Term Decline
General Motors’ core business of selling gasoline-powered sport utility vehicles and pickup trucks is generating cash. But many see it as being in long-term decline. And it is less exciting to investors than the company’s electric vehicle plans. It is not the first time GM has pondered on such a move. The company plans to sell more than 20 EV models around 2023. Should the spin-off really take into effect, it could fetch around $20 billion in value. But some estimated it to be worth $100 billion, according to a report from Deutsche Bank.
[Read More] Top Gold Stocks To Watch After The Recent Moves From Warren Buffett
GM Sees Opportunity In The Electric Vehicle Industry
With so many new players emerging in the space, there’s no reason why GM wouldn’t want to leverage its automotive expertise to get a slice of the cake. In fact, the earlier they start, the better. We have seen Nio (NIO Stock Report) rebounding nearly 300% this year and Nikola’s (NKLA Stock Report) monstrous rally after going public through the Special Purpose Acquisition Company pathway. General Motors might want to strike when the iron is still hot. By spinning off its EV business, GM could get the kind of momentum enjoyed by Tesla and a handful of startups. In fact, the latter have lured capital despite having fewer or no vehicles on the market.
GM has not been resting on its laurels when it comes to EV tech development. It has been working to develop a new battery system. This system aims to offer better performance at a fraction of the cost. There may be an opportunity to capitalize on the market’s enthusiasm for EV stocks if GM spins off its EV operations. This could not only raise money but increase the value of GM as well. But the question is, is it feasible? And if it is, would GM stock benefit in the long run? My take on this, it is not impossible. But it will be tricky to execute. After all, the last thing the management would want to do is to jeopardize GM’s legacy. And we know that EV is the future of the automotive industry. Thus, spinning off the EV unit could do more harm than good.
It is possible that GM will be able to come to a solution on how to carve itself up. This is no easy task, as it involves all functions across the company from manufacturing to marketing. It appears that GM shareholders would need to be patient. If General Motors’ EV plans are able to bear fruit, GM stock could see its value multiply in the coming years, with or without a spinoff.


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A man who trashed a mobile phone shop after he was refused a refund for his handset said: “I’m so sorry – I’m not a thug.”
Jason Codner, 42, went into the T-Mobile store on Market Street, Manchester, complaining his new phone was suffering technical problems.
A court heard how he began smashing up the store in front of shocked customers after his request for a refund was turned down.

The wrecking spree was seen by passers-by who watched through the windows and was also filmed by a witness who posted the footage on YouTube, where it was seen around the world. Now Mr Codner has said: “I’m horrified that I’m being made out to be some sort of violent thug.”

Mr Codner admitted criminal damage and using threatening words or behaviour.

The case was adjourned to Manchester Crown Court for sentencing on August 28.


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Quantum computer startup first to break 1,000-qubit milestone
A startup called Atom Computing has announced the first quantum computer to pass the 1,000-qubit milestone. The prototype, due to become available for use in 2024, leapfrogs IBM’s announcement of its new quantum computer platform expected in the next few weeks.
Where traditional computers store and process information in binary states – either ones or zeroes – quantum computers allow data to exist in a superposition of both states at once. These quantum bits (qubits) give them a massive leg-up in computing power, allowing them to tackle traditional problems much faster and even take on tasks that would otherwise be impossible.
Now, Atom Computing has announced the most advanced quantum computing platform to date, boasting an impressive 1,180 qubits. That’s a huge leap over the previous most powerful quantum computer – IBM’s Osprey, with 433 qubits.
In Atom’s system, these qubits are ytterbium atoms, with lasers holding them in an array and manipulating their states to store and process data. The company says that ytterbium is the ideal candidate for the job, since it only has two quantum levels in its lowest energy state, meaning it’s easier to manipulate and measure than other atoms.
Atom claims that its quantum computer excels in other measures too. Earlier this year the company demonstrated mid-circuit measurement – where the quantum state of desired qubits can be probed without disturbing neighboring qubits. The computer also apparently boasts coherence times – a measure of how long qubits can store information – of 40 seconds. By comparison, the Osprey tops out at around 80 microseconds.
While it may sound like Atom has left other companies in the dust, the race is closer than you might think. IBM’s multi-year roadmap suggests the company will announce its own quantum computer surpassing the 1,000-qubit mark in the next few weeks with the Condor, running 1,121 qubits.
Atom Computing says that it will begin allowing enterprise, academic and government users access to its quantum computer systems in 2024.
Source: Atom Computing


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Poultry feeds price in Ethiopia have risen by 350 percent in a year, forcing the closure of more than 15 poultry farms, according to Precise Consult’s newsletter.
According to the Ethiopian Poultry Producer and Processors Association, rising poultry feed prices are driving poultry farmers away from the industry (EPPPA). Until now, fifteen to twenty poultry farms have ceased operations.
The association’s head, Ato Berhanu Million, said in an interview with Addis Maleda News Agency that a shortage of feed raw materials and an increase in their price has been a major cause of the problem. According to Addis Maleda, the price of 100 kg of poultry feed was Br. 1100 a year ago but has now risen by about Br. 4000 to Br. 5000.
Berhanu insisted that all involved stakeholders are working collaboratively to tackle the issue but also stressed that the problem needs to be given priority by the government.
A recent study conducted in Ethiopia from March to July 2021 discovered that the inflation rate for animal feeds (45-55 percent) was much higher than the inflation rate for food (24.1 percent) during the same period (July 2020-July 2021). Between 2020 and 2021, the inflation rates for egg, milk, beef, and chicken meat were 46, 37, 35.5, and 55.8 percent, respectively. Based on the findings of this study, it is possible to conclude that scarcity of feed ingredients and the presence of illegal marketing in the value chain were two of the most important factors driving price increases in compound feed and livestock products.
The opinions expresses here in the post "Poultry Farms are Halting Operations Due to a Rise in the Price of Poultry Feed" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


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California’s new consumer privacy act likely to remain only comprehensive US privacy law
13 March 2020 00:00 by Amy Miller
California’s new consumer privacy act is likely to remain the only comprehensive privacy law in the US for a while.
Washington state legislators this week failed to pass their own sweeping data privacy bill, for the second year in a row, bringing into sharp relief one of the most difficult challenges in enacting privacy legislation: agreeing on who should enforce it.
The Washington Privacy Act was among the most highly anticipated privacy measures introduced this year. Like the California Consumer Privacy Act, Washington state’s proposal established consumer rights for access to and correction and deletion of data. It also gave residents the right to opt out of data-processing and the right to data portability, creating rights for state residents not available elsewhere.
More than a dozen states have also introduced their own comprehensive privacy bills this year modeled, to varying degrees, after the CCPA and Europe’s General Data Protection Regulation.
But no state proposal so far has had the momentum of the proposed WPA. Although public hearings have been held on privacy bills in Connecticut, Maryland, New York, New Hampshire and Wisconsin, most remain in the chamber of the legislature where they were introduced.
Several state bills have already been tabled, held for further study or withdrawn, including proposals in Virginia, Rhode Island, New Jersey, Maryland and Mississippi.
In Washington state, lawmakers were once again unable to reach an agreement about who should enforce their proposal: the attorney general or consumers empowered with the right to sue companies over violations.
The proposed WPA had strong support and momentum after it was introduced by Senator Reuven Carlyle, a Democrat from Seattle, in February, without a private right of action. The WPA passed the state Senate in February with almost unanimous support. Soon after, it passed the state House of Representative.
But House members included an amendment giving residents the right to sue under the state’s consumer protection law. Senators refused to accept the change, and while both sides tried to work out a compromise in a conference committee, they couldn't, lawmakers announced Thursday.
The same dispute had doomed similar legislation introduced by Carlyle last year.
The same disagreement over granting consumers the right to sue over alleged violations continues to divide lawmakers in the US Congress attempting to draft federal privacy legislation, along the usual party lines, with Democrats largely in favor and Republicans against it.
Republican Senator Jerry Moran of Kansas and Democratic Senator Richard Blumenthal of Connecticut worked for nearly two years to find common ground on a nationwide comprehensive privacy law. But Moran introduced his own bill this week after they couldn't come to an agreement over whether to include a private right of action.
Moran’s bill would preempt state laws like the CCPA and doesn't include a private right of action. It would give state attorneys general the authority to bring civil actions on behalf of their residents.
With no likely compromise expected in Congress anytime soon, and with Washington state’s privacy bill dead, the CCPA appears likely to remain the only comprehensive law regulating consumer privacy in the US.
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MUMBAI: Volvo Bus Corp, the world's second-largest bus maker, will roll out "Asia Bus" specifically designed and developed out of India to cater to the local needs of emerging markets of Asia.
Customised to suit Indian market and developed by Volvo India's R&D centre in Bangalore, Asia Bus or Volvo 9100 will be launched at Auto Expo in January in New Delhi.
The buses are likely to be priced 20-25% cheaper than its existing range, which is priced around 70 lakh to 1 crore.
"We have decided to make India as a global hub, both in terms of R&D and manufacturing capabilities. Asia Bus is the first product developed out of India for the Indian and the Asian market. It is part of our ambition of achieving a billion dollars and 5,000 units out of India by 2015," Hakan Karlsson, president of Volvo Buses worldwide, told ET.
The Asia Bus will fall in the fast developing mid-price bus range in India which is around 50-70 lakh. The Volvo 9100 will take on Tata Motors newly launched bus Divo and Ashok Leyland's planned Optare Buses, apart from 8-10 other brands that are likely to enter this segment going ahead.
Along with Asia Bus, Volvo is launching two more premium models Volvo 9400 PX - India's first multi-axle coach 14.5 metres long and Volvo 7400 XL - India's first multi-axle City Bus that offers increased occupancy of more than 50%. The company will also showcase Volvo 7700 Hybrid, which is already sold in European markets.
The 35,000 -37,000 units Indian big bus market has been going through a rough patch off late, but over the next 3-5 years, it is likely to grow 9-12%. The growth rate is likely to be faster in premium big bus market, which only makes up for 10% with 3,000-3,500 units sold.
"We see a strong demand for Asia Bus especially in tier II-III cities. With mid and premium price bus segment expected to grow 30-50% in India we want make the most of it. The exports will only begin in second phase," said Akash Passey, MD and CEO, Volvo Buses - South Asia.


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Karachi, Haleon Pakistan Limited informed Pakistan Stock Exchange that they have requested Securities &amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp; Exchange Commission of Pakistan for extension in time for holding annual review meeting of the company for the year ended December 31, 2022 upto May 30, 2023 i.e. 30 days.
Haleon Pakistan Limited formerly known as "GlaxoSmithKline Pakistan Limited" was created January 1st, 2001 through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan (Private) Limited and Glaxo Welcome (Pakistan) Limited and stands today as a pharmaceutical company in Pakistan.
GlaxoSmithKline Pakistan Limited is incorporated in Pakistan as a limited liability company and. It is engaged in manufacturing and marketing of research based ethical specialties and pharmaceutical products. The Company is a subsidiary of S.R. One International B.V., incorporated in Netherlands, whereas its ultimate parent company is GlaxoSmithKline Plc, UK (GSK Plc). GSK Pakistan operates mainly in two industry segments: Pharmaceuticals and consumer healthcare.
The share of the Company are 318,467,278. The Earnings per shares of the company is 10.60 in 2020 which was 9.55 in 2019. The profit after taxation is Rs. 3,375,240,000 in 2020 which was 3,041,123,000 in 2019.