text:
|By PR Newswire||
|April 17, 2014 11:45 AM EDT||
SANTA CLARA, Calif., April 17, 2014 /PRNewswire/ -- LG Electronics is making Connect SDK, an open source software development kit, available to Google Android™ and iOS® developers to extend their mobile experience across tens of millions of big TV screens around the world.
By unifying device discovery and connectivity across multiple television platforms, Connect SDK is the first to truly address the complexity associated with implementing second screen capabilities while reaching the largest installed base of smart TVs and connected devices. For consumers, this means that LG's new Smart TVs, powered by the webOS platform, as well as other popular TV devices, will be able to connect and interact with more mobile apps – further enhancing their second screen television experience.
Using Connect SDK, application developers can connect their mobile applications with 2014 LG webOS Smart TVs, LG Smart TVs from 2012 and 2013, Roku®, Google Chromecast™, and Amazon Fire TV devices:
- Mobile applications with photos, videos, and audio can beam media to four TV platforms. Applications with YouTube videos can beam them to all LG Smart TVs dating back to 2012, Roku 3, Google Chromecast, Amazon Fire TV, and most DIAL-enabled devices.
- Developers can build TV-optimized web applications and media viewers and use them across LG webOS Smart TVs and Google Chromecast.
- TV application developers can use their mobile apps to promote the existence of their TV app on 2014 LG webOS Smart TVs and 2013 LG Smart TVs, as well as Roku devices.
Samuel Chang, LG Electronics USA vice president and head of the LG Silicon Valley Lab, sees seamless multi-device connectivity as a big opportunity for app developers and consumers alike. "Connect SDK is breaking down barriers to enable apps and devices to work together harmoniously. The screen size, capabilities and social nature of Smart TVs enable experiences that consumers will absolutely love."
"We've already invested in making the best personal media viewing experience on the big screen across multiple platforms," said Scott Olechowski, Chief Product Officer and co-founder of Plex. "With Connect SDK, we were able to quickly extend that Plex experience to LG Smart TVs and we are now exploring ways we can integrate unique webOS capabilities."
"The best way to enjoy your music collection with those around you is musiXmatch," said Massimo Ciociola, CEO and founder of musiXmatch. "TV by nature is a social device, and we've spent a lot of time thinking about the best way to extend a big screen experience to our mobile users. The opportunity that is available with Connect SDK made the decision a very obvious one."
Connect SDK further demonstrates LG's commitment to the open web, exemplified by the introduction of its webOS Smart TVs representing a new generation of TVs powered by the web. Connect SDK's unique cross-platform solution enables web developers to build multi-device experiences across multiple television platforms for the first time.
Connect SDK for iOS, Android and Cordova/PhoneGap plugins are available immediately at http://ConnectSDK.com under Apache License 2.0.
Android is a trademark of Google Inc.
Roku and Roku Ready are registered trademarks and the Roku Streaming Stick is a trademark of Roku, Inc. in the U.S. and in other countries.
IOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license.
Other company and product names may be trademarks of their respective owners.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $52 billion global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems and solar energy solutions, all under LG's "Life's Good" marketing theme. LG Electronics is a 2014 ENERGY STAR Partner of the Year. For more information, please visit www.lg.com.
Plex organizes all your personal media, wherever you keep it, so you can enjoy it on any device. Plex allows effortless content streaming to a wide range of devices, including Mac, Windows 8, Linux, iOS, Android, Windows Phone, Roku, Fire TV, Chromecast and many more. For more information, please visit https://plex.tv/
Available on iOS, Android, WP8, desktop Mac, W8 and Spotify, musiXmatch is currently the world's largest official lyrics catalogue with more than 20,000,000 users worldwide and is the primary destination on mobile and connected devices for song lyrics. musiXmatch is also available for developers, OEMs, and music services as a lyrics API, which allows them to build their own service without being concerned with licensing agreements. musiXmatch has secured worldwide agreement with top music publishers, such as Universal Publishing, Emi Publishing, Sony ATV, BMG, Warner Chappel, PeerMusic and thousands of indie publishers through Harry Fox Agency. For more information, please visit http://musixmatch.com/
SOURCE LG Electronics USA, Inc.
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
Jan. 25, 2015 07:45 PM EST Reads: 3,560
SYS-CON Media announced that Cisco, a worldwide leader in IT that helps companies seize the opportunities of tomorrow, has launched a new ad campaign in Cloud Computing Journal. The ad campaign, a webcast titled 'Is Your Data Center Ready for the Application Economy?', focuses on the latest data center networking technologies, including SDN or ACI, and how customers are using SDN and ACI in their organizations to achieve business agility. The Cisco webcast is available on-demand.
Jan. 25, 2015 07:00 PM EST Reads: 1,895
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Jan. 25, 2015 06:15 PM EST Reads: 4,976
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
Jan. 25, 2015 06:00 PM EST Reads: 4,645
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, m...
Jan. 25, 2015 06:00 PM EST Reads: 4,384
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. He discussed opportunities and challenges ahead for the IoT from a market and technical point of vie...
Jan. 25, 2015 04:30 PM EST Reads: 5,045
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP and chief architect at BSQUARE Corporation; Seth Proctor, CTO of NuoDB, Inc.; and Andris Gailitis, C...
Jan. 25, 2015 04:00 PM EST Reads: 3,696
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
Jan. 25, 2015 04:00 PM EST Reads: 2,448
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
Jan. 25, 2015 03:00 PM EST Reads: 3,766
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 25, 2015 02:30 PM EST Reads: 3,790
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your online presence.
Jan. 25, 2015 02:15 PM EST Reads: 4,685
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
Jan. 25, 2015 02:00 PM EST Reads: 5,179
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
Jan. 25, 2015 01:00 PM EST Reads: 5,501
“The age of the Internet of Things is upon us,” stated Thomas Svensson, senior vice-president and general manager EMEA, ThingWorx, “and working with forward-thinking companies, such as Elisa, enables us to deploy our leading technology so that customers can profit from complete, end-to-end solutions.” ThingWorx, a PTC® (Nasdaq: PTC) business and Internet of Things (IoT) platform provider, announced on Monday that Elisa, Finnish provider of mobile and fixed broadband subscriptions, will deploy ThingWorx® platform technology to enable a new Elisa IoT service in Finland and Estonia.
Jan. 25, 2015 11:00 AM EST Reads: 2,130
Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foreseeable future it's going to get a whole lot harder. Everything you know today will change. Keeping up with this changing landscape is already a daunting task. Your organization needs to use the latest tools, methods and expertise to guard against those threats. But will that be enough? In the foreseeable future attacks w...
Jan. 25, 2015 11:00 AM EST Reads: 4,420
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications Unified Communications Suite gives CSPs the capability to do just that. In addition, its integration ...
Jan. 25, 2015 11:00 AM EST Reads: 4,217
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that prevent them from doing so. The Company is uniquely positioned to help address these challenges thro...
Jan. 25, 2015 11:00 AM EST Reads: 2,775
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
Jan. 25, 2015 10:45 AM EST Reads: 4,631
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core of our infrastructures. At the same time, we have old approaches made new again like micro-services...
Jan. 25, 2015 10:30 AM EST Reads: 3,585
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
Jan. 25, 2015 10:00 AM EST Reads: 3,428


text:
System Update: 10/24/14
The Avengers may be getting ready to re-assemble, but not even the Hulk can’t overshadow some of the gaming news that made headlines this week. So, shall we?
You don’t own enough Wii-motes
‘Super Smash Bros.‘ for Wii U will allow for eight-player simultaneous play, Nintendo announced today.
In the above Nintendo Direct video, the company unveiled a host of features for the game. In a first for the franchise, a special mode lets eight players fight simultaneously in local multiplayer. The feature will be exclusive to the Wii U version, and will let players compete on even larger stages to accommodate all the characters. [Source: Nintendo]
Rockstar is sending you back to the wrong side of the tracks
According to Xbox Achievements, new set of achievements for Rockstar Games’ Grand Theft Auto: San Andreas may point to a re-release of that game on Xbox 360. The website claims that the Xbox 360 version of San Andreas will come with 33 achievements tied to in-game activities and story-based goals. [Source: Xbox Achievements]
Experience the PlayStation…Experience?
Well that wasn’t fleshed out. Anyway, Sony will hold a two-day community event for PlayStation fans called ‘PlayStation Experience‘ in Las Vegas, Nev., from Dec. 6 – 7. Attendees will sit in on in-depth panels, meet the industry’s best developers, score hands-on gameplay with tons of upcoming PlayStation games, collect free swag, and get a chance to purchase rare collectibles directly from their favorite game studios. Attendees will also get an exclusive first look at what’s coming next in 2015, which I am told you will not want to miss. The two-day community event will take place in Las Vegas, Nevada on December 6th and 7th, 2014. A Single-day pass will cost $50.00, with the two-day pass going for $90. Passes are on sale now. [Source: Sony]
Life imitates art, as Sony is still isn’t finished releasing ‘The Unfinished Swan’
In other Sony news, Giant Sparrow’s ‘The Unfinished Swan‘ will launch for PlayStation 4 and PlayStation Vita on Oct. 28.
Updates include a resolution bump to 1080p on the PS4 version and cross-buy compatibility; meaning if you already have it you can download it on all available platforms for free-ninty-nine! (Great news for those who already own a PS3 copy!) For those picking it up for the first time, it will cost $14.99. [Source: Polygon]

domain: news


text:
Coinbase accused of insider trading BCH listing
In a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that Coinbase committed fraud by halting trading after two minutes.
The move is the latest in a protracted lawsuit brought by trader Jeffery Berk over the events, which occurred in December 2017.
At the time, BCH was only four months old and still being added to major exchanges. Coinbase initially added the altcoin to its platform, but doing so produced a spike in its price, while a subsequent decision to close trading left users unable to sell at higher prices.
Following the debacle, Coinbase was widely accused of insider trading, with executives allegedly manipulating markets by buying up BCH based on prior knowledge of the plans.
“The plaintiffs identify three potential laws for the ‘unlawful’ prong: the Commodities Exchange Act, the FinCEN rules, and New York state regulations,” Chhabria summarized.
“Even assuming Bitcoin Cash is a commodity subject to the Commodities Exchange Act, the complaint does not sufficiently explain how the launch manipulated the market for Bitcoin Cash or for Bitcoin. Nor does it plausibly or coherently describe Coinbase and Armstrong’s motive to manipulate the prices.”
Motion to dismiss the fraud claims is granted
Plaintiffs will now have to move forward based on a negligence lawsuit. The BCH launch, Chhabria claimed, was enacted too quickly, engendering problems from the outset.
“The motion to dismiss the fraud claims is granted. The plaintiffs have not particularly pleaded their reliance on Coinbase’s allegedly fraudulent statements,” he continued.
The document also absolves Coinbase’s CEO, Brian Armstrong, and head of product, David Farmer, from fraud:
“Moreover, while the factual allegations paint a compelling picture of an incompetent launch by Coinbase, the complaint does not outline a coherent account of fraud by Coinbase, Armstrong, and Farmer.”


text:
Debit card starting point at U The chain said thursday night that the accounts was probably impacted between Nov.
27 as well as Dec. 15. The discount retailer didn't specify where the affected stores were located except them to black friday store ads 2015 be all inside the and none of its Canadian stores were involved. Hope Corp. Stores must"Stay attuned to their credit card makes up about any potentially fraudlent activity, Snyder said firm is publishing few details, Citing security issues and an ongoing police finding out about. "Target's first priority is preserving the laptop deals black friday trust of our guests and we have moved swiftly to this issue, So guests can shop confidently. We regret any bother this might result in, Personality fad Gregg Steinhafel, Target's chairman, Leader and ceo.
"We take best black friday deals online this matter very seriously and are using authorities to bring those responsible to justice, Additional claims has only been operating stores in Canada since March, When it began a long planned state rollout in lower Ontario. In June 2009 TJX permitted us pay $9.75 million in funds with multiple states related to the massive data theft but stressed once that it firmly online deals black friday 2015 believed it did not violate any consumer protection or data security laws.
Prev: doorbusters black friday 2015
Next: deals for black friday
|1||black friday deals 2016...||Dozens March in Protest of Laquan McDonald music EntertainmentEntertainment New|
|2||best online shopping for black...||Jesse Trump names The Easter Bunny As Santa Claus North of stansted Pole: Goody|
|3||best shoe deals black friday...||Diehard the public and brawls in Texas The day after what to get on black frida|
|4||black friday sneaker deals...||Dog shot four times reducing the cost family from crooks Lucky if you are alive|
|5||black friday appliance deals...||Cynthia McEver obit Cynthia religious beliefs Pellicer McEver, 57, For-Require|
|6||sneak peek black friday 2015...||Amount of resistance of 'Hiccup Girl' rejects plea deal in murder case But defe|
|7||best online black friday deals...||Does Mayor Sam Adams have 'secret' collateral room Mayor Sam Adams picked Mike|
|8||online deals black friday...||Recognized shoppers get early start Crowds swarmed South Florida stores Friday|
|9||online thanksgiving sales...||Declining value of euro absolutely need ripple effects in U A strong dollar is|
|10||vinerea neagra...||Creams huge blow to Hillary Clinton Dow: Or vinerea neagra dow|


text:
If Donald Trump's August 1 tweet — that the U.S. will impose 10% tariffs on $300 billion worth of goods imported from China —comes true on September 1, U.S. consumers and consumer products retailers will pay the price.
One specific company that will surely suffer is Apple.
Before getting into that, let's look at those pending tariffs. According to the Washington Post, the $300 billion worth of Chinese imports will result in prices increased on consumer goods from China such as t-shirts, toys and televisions. Indeed the Post reported that Goldman Sachs estimates that more than 60% of the items subject to those tariffs will be consumer goods.
The Trade Partnership estimates that retailers will pass on the tariffs to consumers in the form of higher prices — specifically, toy prices will rise 17%, shoes by 8%, clothing by 5% and furniture and TVs by 4%, noted the Post.
The tariffs will cause American shoppers to pay "$4.4 billion more for apparel, $2.5 billion more for shoes, $3.7 billion more for toys and $1.6 billion more for household appliances," according to the Post.
Indeed, given that retailers have already announced plans to close 7,500 stores in 2019, it is not surprising that they feel compelled to pass along the tariffs to consumers in the form of higher prices.
But it is worth remembering that consumer spending accounts for 70% of U.S. GDP growth and that given the country's 3.2% nominal wage growth, those double digit price increases could cause some consumers to buy less or borrow more to keep up.
Indeed the Post cited MGA Entertainment's $250 price hike — 26% more than last year's holiday season — for the popular "The L.O.L. Surprise! House, a three-story doll house with a working elevator and heart-shaped swimming pool."
Apple investors and consumers could pay a substantial price. Wedbush Securities analyst Dan Ives estimates that Apple would sell 8 million fewer iPhones. In a note, Ives wrote, “The tariff news throws a mini wrench in iPhone demand, which will weigh on shares. These latest tariffs could significantly increase the cost of iPhones globally.”
The effect of these tariffs could hit Apple's earnings per share. According to Reuters, Bank of America said, “Our back of the envelope math suggests the impact (of the new tariffs) will be roughly $0.50-$0.75 (annualized per share) hit to earnings with roughly $0.30-$0.50 from iPhones.”
Bank Of America estimated that Apple would respond to the tariffs by raising iPhone prices by about 10% which would reduce demand by 20% or about 10 million units (two million more than Wedbush suggested).
Of course Apple's iPhone sales were tumbling before Trump's terrifying tweet. In the second quarter, iPhone sales fell 17% and in the third quarter, they were down another 12% to about $26 billion, according to Reuters.
One Apple analyst is not worried about the effect of the tariffs on Apple.
Ming-Chi Kuo of TF International Securities, wrote in a note, “The market is worrying that prices of Apple’s major hardware products for the U.S. market (including iPhone, iPad, MacBook, Apple Watch and AirPods) will rise and there will be negative impacts on shipment forecasts,” according to CNBC.
Instead Kuo forecast that, "in the mid-short term, Apple will absorb most of the additional costs due to tariffs, and the prices of hardware products and shipment forecasts for the U.S. market will remain unchanged.”
Kuo expects Apple's profits to decline should it choose not to raise prices.
However, he is optimistic in the longer run. “The negative impact on Apple are limited and temporary because the profit from service business is growing, and non-Chinese production locations will gradually increase. We believe that Apple’s non-Chinese production locations could meet most of the demand from the U.S. market after two years.”
In pre-market trade on August 5, Apple stock is down 10% from last week's high of $219 a share on July 31. This makes me think that investors are not buying what Kuo is selling.


text:
TCL Communication, better known for its range of cheap television sets, has announced its first lot of self-branded smartphones, the TCL 10 series, all of which are priced under US$500. The devices will be available for sale later this year, with availability dates to be announced over the next few weeks. Two of the models will be sold in Australia.
Qualcomm Technologies has announced plans to accelerate 5G global commercialisation at scale by expanding its portfolio of 5G mobile platforms across the Snapdragon 8 Series, 7 Series and 6 Series in 2020.
Another credit card to rip off customers. Good one Coles!
I would be much more excited if NBN Co was announcing that they were going to concentrate on providing a[…]
"whether their parents have the COVID-Safe tracking app installed on their phone."Why do they need to know this? It appears[…]
Out of interest, when/where does NBN specify the sort of things like only a single high-speed burst per day. Do[…]
The 1000/50 HFC service is a joke. You can only burst up to the top speed for up to a[…]


text:
Posted by: Ian Rowley on November 17, 2008
It’s official: Japan, the world’s second largest economy, is now in recession. According to figures posted this morning by the Cabinet Office, Japan’s GDP contracted an annualized 0.4% in the quarter ended September 30, after a 3.7% dip in the April-June period. While not a big surprise, the result was worse than many any economists expected and marks Japan’s first recession since 2001. “Whether it is the U.S., China, Europe or Southeast Asia, no region can be counted on [to boost demand for Japanese exports]. The situation is bound to deteriorate further,” Economy Minister Kaoru Yosano told reporters. “The world economy as a whole is undoubtedly worsening.” Economists agree things will likely get worse before they get better, adding that slumping demand for Japanese exports will be compounded by a weaker domestic economy. No wonder the government is spending about $400 billion, including handing out $20 billion in cash, on two stimulus packages to kick-start the economy.
Still, for all the economic woes, much of Japan Inc. continues to see the current turbulence as an opportunity. Two weeks ago my colleague Kenji Hall and I wrote an article looking at this year’s huge outlays on cross-border M&A by Japanese companies. The deal-making shows no signs of slowing. Last week, Mitsubishi Rayon said it would pay $1.6 billion for UK chemical firm Lucite. Today, brewer Kirin announced a $5.2 billion bid for Sydney-based drinks maker Coca Cola Amatil. The bid, which is being made via Kirin’s local subsidiary Lion Nathan,follows Suntory, another drinks maker, splashing $800 million on New Zealand’s Frucor last month. After the Coca Cola Amatil bid came to light its stock surged as much 45%, but a deal may take a while. In a statement to the Australian Stock Exchange, Amatil said the deal wasn’t attractive to its largest shareholder, Coca-Cola which has a 30% holding. The deal, it said, was “not attractive, and that a number of other conditions would need to be satisfied for its support”. What is clear, though, is that more Japanese deals will follow: With the yen riding high, stock valuations low and massive cash reserves, many of Japan’s companies are well-placed to benefit from the global financial turmoil.


text:
India’s startups will continue to be headed by men since women entrepreneurs continue to face many challenges including lack of mentors, lack of talent, lack of infrastructure, and limited access to capital and technology couple with lower societal acceptance, insists a new report by Sheatwork--a hub for women entrepreneurs, and research and tech consultancy firm Techarc.
“Going by current trends, India should have more than 200 unicorns or startups with at least $1 billion valuation by 2025. Many of them going public but this growth story will be primarily led by men,” notes the report titled ‘State of Women Tech Entrepreneurship in India’.
Based on a survey of 2,000 women across India including women professionals, students, startup founders and business leaders, the report released on Monday highlights the challenges and opportunities that a woman entrepreneur faces in the technology space today, which is also the world’s third-largest startup ecosystem.
The report points out that despite the number of female students in leading engineering institutes like the Indian Institutes of Technology (IITs) going up from 5% about four years back to 16% now, the number of women entrepreneurs continues to be low. That said, most startups in India are in the technology space and many founders are alumni of some top engineering colleges in the country including IITs.
According to the report, almost 48% of women in non-metros are eager to take up tech entrepreneurship as a career option against 23% in metros. The reason is that women in metros often prefer opting for corporate jobs as a convenient career choice. The report further noted that 73% of women in non-metros feel that non-availability of adequate infrastructure deters their move in taking up entrepreneurship, while 22% of women in metros feel that physical infrastructure is a problem for them.
About 58% of respondents also highlighted the difficulty of raising funds and gaining access to capital in comparison to their male counterparts. Further, 38% of the respondents felt that access to capital in metros is one of the major barriers towards taking up entrepreneurship.
VCCircle in January had reported that gender disparity across the Indian startup ecosystem narrowed only a little in 2021, even as startups managed to raise record funds at high valuations during the year citing a report by homegrown venture debt firm InnoVen Capital.
To be sure, although gender diversity is a national conversation at many fronts, women representation still is many notches lower in the tech industry. Data from Monster.com also shows that the representation of women in tech jobs is 15%, accounting for around 13 lakh jobs across sectors, according to Sekhar Garisa, CEO of Monster.com. And according to a Nasscom report, the representation of women in the technology industry is 36%. It estimates that over 1.8 million women work in the sector and that 200,000 women were hired in FY22.
Building a case for a revamp of the startup ecosystem to make it gender agnostic, the 'State of Women Tech Entrepreneurship in India' report revealed that about 67% of women in non-metros believe lack of mentorship is a key factor for them to not take up entrepreneurship, while 34% of women in metros feel the same.
Further, women in non-metros fear that they may not be able to the right skill set in smaller cities, which hinders their progress, the report noted. About 48% of non-metro respondents attributed lack of skilled and talented team as hindrances in their entrepreneural journeys. However, 18% of respondents from metros feel that finding the right talent is not a hindrance.
According to the report, despite an increasingly-educated population, limited access to relevant business and technical resources was a major impediment in women seeking their own the venture, as 74% of respondents from non-metros and 24% from metros attributed lack of technology as a primary challenge.
“Women shouldn’t merely be consumers of tech but be creators of tech-driven products or platforms. It is for all stakeholders including venture investors, mentors and society at large to ensure that the startup ecosystem especially in the technology space is rich with diversity – not just of ideas but even more women turning entrepreneurs to ensure all round growth of the startup ecosystem,” said Ruby Sinha, Founder, Sheatwork.
According to Siva Prasad Nanduri, vice-president and business head of IT Staffing at TeamLease Digital, the proportion of women in tech roles has nudged up slightly in the recent years as more and more companies are conscious about hiring women, promoting, and building a diverse workforce. There has been a steady increase of about 2.5% of women workforce in the past few years; however, tech companies need to work determinedly to bring a sturdy growth in the coming years.
He believes the “industry must put a concentrated effort to improve the ratio by creating equal opportunities, providing equitable access to training, lead projects, and skill development for women. Adopting gender diversity can help companies experience creativity, innovation, efficiency and more".


text:
Sign up for our free newsletter
Is Oprah Winfrey’s stamp of approval on a product still relevant?
The short answer to that question is: Yes. Oprah has such a formidable presence that the empire she has created appears to have a long shelf life. She manages to have an “everyday woman” appeal to her, while also being Forbes’ only African-America billionaire in the United States.
And, oh yeah, she has 23 million Twitter followers.
But – yes there is a “but” – since her daytime TV show went off the air in 2011, the “boom” that came from having her provide an endorsement to a business or vendor has slightly fizzled, media analysts agree.
Lisa Schalk, co-owner of South Tampa’s Toffee to Go, says yes and no. Its signature product landed on “Oprah’s Favorite Things” list at the end of 2013, and Oprah’s “people” asked the company to provide statistics of how this affected business.
Of course it did. Business was up 61 percent this January over last year. “That’s a great way to start the first quarter,” said Schalk.
They worked 24 hours a day, seven days a week after the list came out - both online and published in O Magazine – and barely had a break through the holiday season. And while she agrees Oprah is still relevant, Schalk thinks they would have been even busier if her daytime TV show was still on-air.
“We probably would not have been able to keep up if it had been that way,” Schalk said.
Some of the final stats they sent to Oprah’s team include:
- 90 percent sales increase in November
- 63 percent sales increase in December
- Website business up 300 percent
Jayme Maultasch, an executive vice president and group account director for worldwide Deutsch agency in New York, said my hunch about relevancy is spot-on about why Oprah’s team asked companies for their numbers.


text:
- Subscribe NowLimited Time Offer
Time: 07:30:00 - 10:00:00
Place: The Hilton San Jose
Send this story to a friend
EBay vet makes partner in $100M Greylock marketplaces push
Greylock Partners on Thursday announced a big push into the marketplaces with a commitment to invest $100 million in the sector and the promotion of eBay veteran Simon Rothman to partner as head of the effort.
The marketplace sector pioneered by eBay is distinguished from retailers by a lack of inventory. Instead of selling directly to consumers marketplaces act as the go-between to third party sellers.
The sector has taken off with the growth of the so-called sharing economy that startups like Greylock portfolio company Airbnb have pioneered.
Rothman was an early employee at San Jose-based eBay, helping to scale it from a small, US collectibles auction business into a global platform with nearly 200 million users generating over $40 billion in sales.
He then founded eBay Motors and built it into a $14 billion a year global business.
He joined Greylock as executive-in-residence in 2011, hoping to eventually found a company but decided he enjoyed helping other startups and entrepreneurs more.
Now he will get the opportunity to invest in them, too.
"One of the things we have loved about working with Simon is how closely he’s wanted to work with entrepreneurs," Greylock partners David Sze and Reid Hoffman wrote in a blog announcing the move. "He started hosting office hours for any marketplace entrepreneur who wanted to leverage his experience."
"In his past two years with us, Simon has served as an adviser to countless marketplace companies including Lyft, Wanelo, Poshmark and many more," they wrote. "As a partner, Simon will focus on investing in marketplaces as well as other network effects businesses and transaction-based startups."
Cromwell Schubarth is the Senior Technology Reporter at the Business Journal.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
- Most popular
- 49ers install grass at Levi's Stadium this week
- Marc Andreessen tweet-blogs about 'the weirdest tech bubble ever'
- Zuckerberg talks WhatsApp and the future Facebook conglomerate
- 125 of the Best Places to Work in the Bay Area for 2014
- Google Glass scalpers hawk devices on Alibaba
- How HBO captured the look of 'Silicon Valley' tech office spaces
- See inside hedge fund manager's $21.9M West Atherton home
- No Mi Pueblo stores to close as grocer files reorganization plan
- Ground under San Jose Home Depot sells for potential record price
- Saleen wants to turn your Tesla Model S into a hot rod
- Accounts Receivable Specialist Hawk Ridge Systems | Mountain View, CA
- Development/Fundraising Director American Heart Association | San Jose, CA
- Senior Pixel Development and Characterization Engineer Aptina LLC | San Jose, CA
- Spanish-Speaking Automotive Sales Consultant Ocean Honda | Soquel, CA
- Certified Nursing Assistant Amberwood Gardens | San Jose, CA


text:
By Barry Janoff
June 9, 2014: When last seen by TV viewers in the U.S. during a major sports event, Brazilian model Adriana Lima was selling Kia's during the NFL's Super Bowl XLI (2012) in "Drive the Dream."
Now, she takes a lead role in selling Kia cars during the FIFA World Cup.
Lima is prominent in Kia's new campaign, "For One Month, Let's All Be Fútbol Fans." In the multi-platform dual-language effort, she seeks to convert fans of American football, baseball, racing and other sports to soccer — or as she whispers in the TV leg of the campaign, "Fútbol."
Kia Motors, an official global partner of FIFA in conjunction with the Hyundai Kia Motor Group, unveils the effort this week in time for the start of the World Cup, which runs June 12-July 13 in Lima's home country. It includes TV, print, digital, radio, POP and social media destinations including Facebook, Twitter, Instagram, Vine, Google+ and Pinterest.
A dedicated Web site includes links to TV spots, information about the World Cup and other Kia-World Cup activations.
In addition, Kia is the presenting sponsor of pre-match shows on ABC and ESPN.
The campaign supports Kia's Sorento and Optima.
Hyundai last week unveiled its own World Cup campaign, "Because Football."
"The reaction to Adriana Lima's appearance in 'Drive the Dream' was overwhelming," Michael Sprague, evp-sales and marketing for Kia Motors America, said in a statement. "And with the World Cup being staged in her home country of Brazil and her love for the game it was a natural fit to partner again and add a bit of glamour and humor to our 'fútbol' campaign."
Kia has unveiled four TV spots, three of which star Lima. The fourth, "Driveway," is a generic spot talking about Kia Motors, soccer and other things about home and family.
In "Lesson," Lima drives onto a high school football field, where a practice is in progress. She steps out of her Kia Optima in a short, tight dress and immediately gets the attention of the players and coaches. Putting one of high-heeled feet on a soccer ball and striking a pose reminiscent of Mrs. Robinson in The Graduate, she says, "In my country, this is fútboll."
"Sports Bar" finds Lima driving up to a local sports bar in her Kia Sorento and sauntering in wearing an eye-catching dress. She then switches the local music to a Brazilian Samba and switches the TV channel from auto racing to the World Cup. "Fútbol," she whispers.
Lima's conversion of fans in not limited to American football. In "Man Cave," she redesigns a guy's sports-themed garage hideaway from baseball and football to fútbol, including changing the channel from baseball to the soccer competition.
Lead agency is David & Goliath.
According to Sprague, "Soccer's popularity in the U.S. is growing rapidly and as official automotive partner of the World Cup we have a unique platform to showcase two of Kia's most popular vehicles to the sport's passionate and diverse fan base across the country,"
Other global FIFA partners include adidas, Coca-Cola, Emirates, Sony and VISA.
FIFA World Cup partners include Anheuser-Busch (Budweiser), Castrol, Continental, Johnson & Hohnson, McDonald's, Moy Park, OI and Yingu.
Hyundai Drives Marketing En Route To World Cup
Back to World Cup
Back to Home Page


text:
And on to the next: Zoom, the video conferencing company arguably best known for only being super well-known among small circles.
Circle one: the c-suite. Zoom’s popular “make team meetings less awful” software has earned a devoted following among execs and investors.
- Last year was the second straight that Zoom more than doubled annual revenue.
- Zoom reported $7.6 million in profit last year.
That makes venture capital favorite Zoom a rare profitable tech unicorn IPOing this year. It reached the $1 valuation billion threshold privately back in 2017, but given the price tag bankers put on Zoom shares yesterday, it’s now worth about $9.2 billion.
Circle two: bankers. They’ve reportedly seen such high demand for Zoom’s listing that they raised the price range for its IPO on Tuesday.
- Worth mentioning: Per Recode, Microsoft’s bankers specifically have gotten to know Zoom on an *intimate* level. Microsoft has made “repeated attempts” to buy Zoom over the years…to no avail.
Bottom line: Since Zoom is an enterprise company instead of a consumer-facing one, it might not get the same hype as Pinterest and its 250 million monthly active users (exhibit A: we put it after Pinterest in the newsletter). But that doesn’t mean it can’t serve as a useful barometer of where the IPO market is headed this busy spring.


text:
MULTICHANNEL MERCHANT » ARCHIVES FOR
Font and technology specialists Monotype announced it would acquire visual marketing platform Olapic for $130 million. See what this means for for both companies and what it allows for Monotype going forward.
Young millennials between the ages of 18-24 are choosing to shop online when it comes to back to college shopping. Their reasons range from not engaging in personal interaction and the comforts of being in their own home to do shopping. See what other preferences millennials are asking for when it comes to shopping for back-to-school this season.
In a recent study from Forrester Consulting and commissioned by NetSuite, midmarket business sellers say their next ecommerce investment will be a unified commerce single-stack solution for their ecommerce and back-end systems. Respondents cited better customer experience, improved costs savings and the agility to remain competitive as top reasons for migrating customers to their ecommerce channel. See what other results were found in this study.
Luxury jewelry retailer James Allen saw the incidence of ecommerce fraud reduced both internally and for customers, with approval rates improved by 1.5%. See how this allowed the company to enhance the customer experience by removing transaction friction.
This infographic by Campaigner offers some quick tips on how to effectively offer a welcome email for increased customer engagement, acquisition and conversion. See what these tips are and how they can help bring your customers through the door.
In 2015, the first annual Amazon Prime Day was a huge success for the marketplace and it returns again this year with plans of exceeding last year’s sale success. But what does this mean for third-party marketplace sellers? See what third-party marketplace sellers should expect on Amazon Prime Day.
When it comes to selling to customers on your website, there are plenty of creative ways to do it. Erin Condren Designs finds various ways to upsell to the customer. See what those ways are and how it can help your business.
Is Staples looking to exit Europe? It certainly looks that way as CEO and chairman Ronald Sargent said the company has been challenged by weak results in Europe. See what strategic plans Staples has moving forward with its global operations.
Amazon announced its second annual Prime Day, set to take place on Tuesday, July 12. This year, the marketplace giant will offer more than 100,000 deals worldwide to Prime members. See what plans Amazon has in place.
Forever 21 may need to start looking for a new shipping company, as its current shipping company EZ Worldwide Express has abandoned them. Read what caused the company to abandon Forever 21 and what plans the brand has in place.


text: Latest News Meet Amy, Chatgpt-based AI of Crypto.com By AtoZcrypto Posted on May 6, 2023 1 min read 0 0 3,681 Crypto.com has recently launched a generative AI, Amy, which is enabled by ChatGPT. Amy shows data on token prices (in real-time), projects, and past events. The tool will help users learn more about the industry and make better decisions. The company is bullish on the current crypto events, as per the company’s Vice President Abhi Bisarya. Another spokesperson said if used correctly can eliminate the political implications arising in every industry. After OKX, Binance, and Solana Labs, Crypto.com has launched an AI algorithm to showcase market volatility.


text:
Sony today announced the development of a bio battery that generates electricity from carbohydrates (sugar) utilizing enzymes as its catalyst, through the application of power generation principles found in living organisms. Test cells of this...
A week of Windows 10 news, Apple allegations and Sony's week of hell
Nest Learning Thermostat: The Next Generation, review
Microsoft's low end smartphone strategy needs a reboot
The latest table for Pinball FX2, Venom, reviewed
Hands On: Preview of HP's new $200 laptop
Latest deals in the Steam Holiday Sale 2014
Steam Holiday Sale 2014
Everyone's favourite shouty TV star, Sir Alan "you're fired!" Sugar unveiled a supercomputer at Queen Mary, University of London this morning. Sugar cajoles wannabe entrepreneurs on BBC1's The Apprentice and is founder of computer maker...


text:
The awards are meant to provide visibility to the start-ups
The awards are for business training, mentoring and incubation support
COIMBATORE: Seven start-ups from Coimbatore have found a place among the 580 nominations received from across the country for the ‘TATA NEN Hottest Start-ups Awards 2008.’ The nominations closed on October 22.
The awards were launched on August 27 by National Entrepreneurship Network (NEN) in collaboration with the TATA Group.
They are meant to provide visibility to the start-ups, engage public and improve support for them.
Nominations have come in from more than 40 cities and 30 industry segments.
The nominated start-ups are campaigning for votes till November 5.
Thirty short-listed finalists will be announced on November 6 on the basis of the most number of votes they win, combined with the highest expert ratings.
The start-ups from Coimbatore are, T-Woods.com, Orangetrend, ndot, Studyahead.in, Refulgence Technostream, XTees.Com and Oriental Aquamarine Biotech.
Romit Chaterji, Senior Vice-President, Corporate Affairs, Tata Services Limited, said: “As we shift towards a more global outlook, it is essential that entrepreneurship is nurtured. The Tata Group is collaborating with NEN in their endeavour to identify potential start-ups and we hope that our support will have an encouraging impact on entrepreneurs and youth.”
According to Laura Parkin, Executive Director, NEN, the response has been gratifying and the diversity of innovations inspiring.
“We look forward to working with the entrepreneurial community to strengthen, improve and build a platform for future entrepreneurs,” she said.
Phase II of the awards will open on November 6 and will comprise on-ground and online campaigning by the 30 short-listed start-ups.
This will culminate in a major voting drive where the public will vote for the top five winners which will be declared on December 23.
The awards include business training, mentoring and incubation support of up to Rs. 50 lakh by the Indian Institute of Management, Ahmedabad, and Centre for Innovation Incubation and Entrepreneurship, Ahmedabad, besides other things.
Tata Consultancy Services will provide common office applications and vertical specific applications free of cost in the areas of manufacturing, retail, healthcare and education.
Those interested can vote for their favourite company by sending a SMS to 56767; or vote online on www.hotteststartups.in.


text:
BMW is developing a new platform for its future electric vehicles called Neue Klasse. The first product riding on the new architecture will arrive in 2025, but it will usher in more than just electric propulsion. Neue Klasse models will also incorporate recycled fishing nets and ropes into their interior and exterior trim pieces.
In cooperation with the Danish company Plastix, BMW has a process that turns the nets and ropes into plastic granules suitable for injection molding. The automaker plans to use the recycled plastic pieces in both visible and non-visible interior and exterior trim pieces, with the waste making up about 30 percent of the raw material. BMW wants to increase the proportion of recycled materials used in plastics in new vehicles from around 20 percent today to 40 percent by 2030.
Gallery: BMW To Use Recycled Fishing Nets
The process keeps nets and ropes from polluting the oceans and landfills and results in a lower carbon footprint – 25 percent lower than conventionally manufactured plastics. BMW already uses recycled nylon called Econyl to create synthetic yarn, which the company uses in floor mats for the BMW iX and the BMW X1.
BMW's push toward electrification also includes a push toward sustainability. In 2021, the automaker unveiled the i Vision Circular concept car, a four-seat EV that used 100 percent recycled material, which included the battery pack. BMW designed the car to meet four principles: Re:think, Re:duce; Re:use; Re:cycle.
Automakers, big and small, have been incorporating recycled materials into their vehicle for years, and the push to reduce global greenhouse emissions, eliminate waste, and cut pollution has companies thinking creatively about the future of manufacturing automobiles. BMW wants to cut its global CO2 emissions by 50 percent by 2030, including cleaning up the manufacturing process.
Recycled materials will likely become more integral to the car-making process in the years to come. The first Neue Klasse car to arrive will be a compact electric sedan, followed by a compact SUV. The platform will be capable of supporting ICE powertrains, which will stick around in M models until at least 2030.


text:
It would probably be fair to say that the Google Nexus 10 Vs iPad battle is likely to be the most genuinely close in the history of Apple’s market-leading tablet. So-called iPad killers and plucky rivals have hit the market practically every month this year so far, but the Google Nexus 10 represents the first that might actually give the iPad a run for its money.
There really hasn’t been anything on the market with the kind of specs, features, good looks and agreeable price tag needed to dethrone the iPad – the Google Nexus 10 however ticks all of these boxes and more.
The Google Nexus 10 flies the flag for a new-generation of iPad rivals that deliver enormously in terms of looks, power and incredibly smooth Android user interfaces. In addition, the Nexus 10 also ups the ante considerably by not just equaling the iPad in terms of some very important specs, but outshining Apple’s player in a big way.
For one thing, the Nexus 10’s touchscreen runs circles around the iPad’s Retina display in terms of resolution. Its case is both thinner and lighter than the iPad, while its processor has so far proved to be directly in line with the iPad according to initial bench tests.
Of course, all of the above may be by the by to a certain extent, as it really isn’t without either a magnifying glass or a set of scales that most would be able to tell the differences in weight or screen resolution. Nevertheless, specs and features on paper have always counted for a lot and in this instance, the iPad for the first time begins to look like the underdog.
And speaking of on-paper advantages, the sticker price of the Google Nexus 10 is also a good $100 lower than that of the equivalent iPad.
Some would argue that even Android 4.2 Jelly Bean doesn’t quite manage to pull off the same magic as iOS 6, but there is simply no getting away from the fact that the Google Nexus 10 appears to have singlehandedly ushered in an era where the iPad simply isn’t the be all and end all of the tablet industry anymore.


text:
Aerosoft Lukla/Mount Everest to Come to X-Plane
Simulation company Aerosoft have announced via a forum post plans for an X-Plane version of their Lukla/Mount Everest Xtreme, coincidentally previewed for Aerofly FS2 today.
The post mentions X-Plane very briefly at the end, after the announcement of subsequent FSX and Prepar3D versions.
"...an X-Plane version is planned at a later date."
The trailer for the aforementioned Aerofly FS2 version of the scenery was released earlier today and can be viewed here.
You can see the full post on the Aerosoft website here.


text:
Falling US milk consumption hampers strategic revamp.
Dean Foods shares have sunk in pre-market trading after the largest US dairy milk supplier flagged lower earnings in the current quarter as it continues to grapple with a strategic turnround amid falling domestic milk consumption.
The Dallas-based company, whose products include Swiss Premium and TruMoo milk, has implemented an “aggressive but necessary” productivity plan to make it more competitive, which includes dramatically reducing its cost structure to enable it to deliver “solid and consistent” earnings and cash flow over the long term.
Dean said that due to implementation and timing of its turnround efforts, balanced against its investments and other industry challenges, it expects to deliver adjusted earnings per share in 2018 in the range of 55 cents to 80 cents. That compares with 80 cents in 2017, which was at the bottom end of the company’s own guidance.
“We expect the first quarter earnings to be disproportionately lower than the fourth quarter of 2017, and we expect to see an increase in adjusted earnings per share as we move through the year and into 2019,” the company said in a statement on Monday.
Shares were down 11.2 per cent at $9 in pre-market trading on Nasdaq on Monday.
In the final trhee months of last year, Dean chalked up adjusted earnings, excluding a benefit from recent tax reform, of $44m. At 25 cents a share that was down slightly more than one-third from a year earlier. Revenue of $1.93bn was 4.2 per cent lower than the same time last year, in line with analyst estimates in a Thomson Reuters survey.
In August, the company’s quarterly results badly missed analysts’ expectations and it slashed its 2017 outlook by 40 per cent. Dean’s chief financial officer departed soon after.
Dean said today total volume in the December quarter across all its products was down 6 per cent from a year earlier.
The company said it expected benefits from its productivity initiatives would generate savings this year that “will begin to mitigate some of the anticipated impact from volume deleverage and non-dairy input cost inflation.” Adjusted earnings per share should increase into 2019, it added.
By: Peter Wells
Source: THE FINANCIAL TIMES


text:
A home improvement company with locations throughout the Lehigh Valley has reversed course after lifting its masking requirement, citing the highly infectious COVID-19 delta variant.
Home Depot employees, contractors and vendors are again required to wear masks, regardless of vaccination status, according to a Monday news release from the Atlanta company. They’ll also ask customers to wear masks in stores and offer masks to those who don’t have one.
“Throughout the COVID-19 pandemic, our number one concern has been for the health and safety of our customers and associates,” Home Depot said in the release.
The company has a handful of locations across the region, including in Bethlehem, Easton, Whitehall Township and Stroudsburg.
The possible return of masking has been a point of contention as the delta variant of the coronavirus spreads rapidly throughout the U.S.
The Centers for Disease Control and Prevention recently pivoted to recommend both vaccinated and unvaccinated people return to wearing masks indoors in parts of the country where surges are attributed to the variant.
However, state officials have said there’s no current discussion to reinstate masking orders, instead focusing on vaccination campaigns.
And, many school districts are so far sticking with plans that call for optional masking.
Like many other businesses across the commonwealth, Home Depot officials lifted their mask requirement in May for those who were fully vaccinated, citing updated CDC guidelines.
Morning Call reporter Molly Bilinski can be reached at firstname.lastname@example.org.
We rely on the support of our subscribers to fund our journalism as we continue to cover the coronavirus crisis. If you’re not already signed up, we hope you will consider subscribing. Already a print subscriber? If you haven’t already, please activate your digital access.


text:
The gambling authority of the Netherlands, the Kansspelautoriteit (KSA), has recently fined Virtual Coin, a Curacao-licensed operator, 500,000 euro in addition to another 100,000-penalty issued to a person associated with the company and business.
Virtual Coin has been observed closely by the Gambling authority for a long since it has noticed some critical abnormalities. The operator was found offering different illegal virtual games. Most of those games are games of chance, and they were served by the operator via its websites futgalaxy and futgamer. All those games were presented to Dutch customers, and they did with the help of the existing license from Curacao.
Transgression of Regulations
The gaming authority, the KSA, said minors, if not, then the young adults were the ones who took part in those games of chance. Most of those were themed around a card game Fifa Ultimate Team which was featured in EA Sports’ Fifa video game series. The particular card game has been banned by the Netherlands’ authority.
The regulator proclaimed that enforcement actions against such transgressions and unlicensed operators objectively target Netherlands’ inhabitants, andthose websites in question will face the same actions.
The strict application of the regulations and total intolerance to any violation of those regulations are two main objectives of the KSA. Both websites clearly targeted Dutch people as they used Dutch as the prime language, and their domain names have .nl extension. In addition to all these, those websites were using Dutch payment gateway iDEAL.
The KSA drew some references from the Games of Act, which specifies regulations regarding online gambling. One of the regulations said that online gambling could only be served if a specific license allows it. The KSA alleged the operator of violating the regulation by offering various games of chance without having any license.
Though one of its island countries, Curacao, is an active jurisdiction that provides online gambling licensed to different country’s operators, Netherlands hasn’t yet permitted online gambling for its citizens. The act might change when the new act regarding remote gambling comes into effect in 2021.


text:
We’re in a disorienting period—a time in which some are still bleaching their groceries, while others are crowding into bars like nothing ever happened. New York especially is feeling schizophrenic these days, as residents (and designers) are tentatively figuring out what’s “OK.” Visiting showrooms by appointment seems to be all right, but parties, gallery openings and cocktail receptions feel a long ways off. No surprise, then, that a new decorative arts show, organized by venerable Greenwich Village gallery Bernd Goeckler, is to be held entirely online.
A digital art show is not a new phenomenon in the age of COVID-19, but it is a departure for a famously old-school category. When Business of Home asked Bernd Geockler’s director, Katja Hirche (the niece of Bernd Goeckler himself, who passed away last year), what online-only arts events she enjoyed during quarantine, she laughed and gave a simple answer: None. “Instagram Live is overwhelming, and everyone starts at the same time,” she says. “I sat back and said, I’ll leave this to others.”
The show, themed around bronze, will not debut on Instagram Live. Instead, pieces will be shown on Bernd Goeckler’s site in a digital “viewing room” developed specifically to showcase antiques and decorative furniture online. Hirche says she and the gallery’s staff will supplement by taking individual videos and pictures for curious clients.
She began organizing the show earlier this year, before the pandemic exploded in New York, when family in Italy was issuing dire warnings about what was to come. The choice of bronze as a material started with the work of one of Bernd Goeckler’s artisans, Paula Swinnen, who makes intricate bronze furniture constructed from lost wax casts of painstakingly assembled tree branches and twigs. “Once we had bronze as the inspiration, the rest fell into place quite easily,” says Hirche.
Interestingly, she invited the competition along. Other antique and decorative arts dealers, most of whom are physical neighbors of Bernd Goeckler’s gallery on 10th Street, will be joining the show, making it a kind of virtual block party. Cristina Grajales Gallery, The Future Perfect, Hostler Burrows, Magen H Gallery, Maison Gerard and Galerie Régis Mathieu will all participate with bronze pieces of their own.
“The more, the merrier,” says Hirche. “The brick-and-mortar stores have mostly died out, so we’re one of the last blocks left where there’s a strong sense of design and community about us.”
Hirche is hopeful that, if it goes well, digital shows can become a recurring feature for Bernd Goeckler, even as restrictions ease and cocktail parties return to Manhattan. But she is certainly looking forward to welcoming designers back into the showroom, and for the gallery’s supply chain to ramp back up to full speed. There’s a renewed interest in vintage pieces, she says, and the gallery has been doing a brisk business with its already-made modern pieces—both categories that the gallery can deliver right away, without a COVID-extended lead time.
“We’ve done pretty well considering the circumstances, with our modern pieces in inventory,” says Hirche. “Now we just need to order them again so we actually have stuff in the store!”
Homepage photo: Courtesy of Bernd Goeckler


text:
Sweden´s krona edged up against the euro this morning after the nation´s latest inflation data exceeded expectations.
Consumer prices rose 2% in November, up from the 1.8% registered in October and defying forecasts for inflation to remain unchanged.
The euro was down around 0.8% against the Swedish currency.
Higher prices for fuels, energy and clothing were behind the latest rise in consumer prices.
The upturn in prices raises the odds that the Riksbank, Sweden´s central bank, will raise rates at its policy meeting next week.
Sweden´s official rate is currently at -0.5%.


text:
The Toyota’s Pedals Problem can be solved With a New One
We have seeing this report for quite a long time that Toyota is busy in recalling its accelerator’s problem that has been caused due to the pedals. By looking deep into this problem we can see that in most of the recent models of cars present in the auto industry have two separate pedals in them one for gas and other for brakes, the problem that was reported by lots of people basically revolves around the faulty pressing of pedals.
When both the pedals have been placed so close then a person can accidently press the wrong one and get into some serious crash so why don’t the placement styles be changed, A very amazing solution for this has been provided by Masuyuki Naruse who is a Japanese developer and has given his prototype quite long ago.
According to Naruse “We have a natural tendency to stomp down when we panic,” and “The automakers call it driver error. But what if their design’s all wrong?” Naruse is one among those people who have designed a combined brake-accelerators pedal in an effort to prevent the accidents that have been caused due to pedals problem.
Almost all of the experts those have analyzed the accidents from the last couple of years have reported that majority of cases occurred because of pedal problem and it can be changed now. The New York Times has reported Ririko Takeuchi, a Tokyo-based spokeswoman for Toyota of saying that “If you ask whether the current pedal design is the best we can do, the answer is no” and further said that their company “listens to ideas we receive from the public, because we believe there’s always room for improvement”.
Masuyuki Naruse has reported that he had shown his prototype to the Toyota Company but has got no response; the company should actually work on this new idea so that future accidents can be reduced due to pedal problem.


text:
On Monday, Anshul Gupta, the senior research director at Gartner stated that smartphone sales grew by 26 per cent in Q1 2021 after a steep decline during the year 2020-21 as per a report by the research company. The improvement in terms of consumer outlook sustained learning and working from home coupled with pent-up demand from 2020 boosted sales of smartphones in the first quarter as per Mr Gupta.
He added that consumers started spending on additional or discretionary items as the pandemic situation improved in multiple parts of the world and markets opened up. Do note that one cannot ignore that the base for comparison is also lower in 2020 than it was in the previous year of 2019, thus explaining the double-digit growth.
According to the report, the top three global smartphone sellers have maintained their respective positions in the first quarter or Q1 of 2021. The launch of mid-segment smartphones, such as phones priced under the barrier of $150 or approximately 10,920 boosted Korean giant Samsung’s unit sales globally. The early shipping of 5G smartphones, especially the flagships added to the company’s smartphone sales growth.
What Does The Data Reveal?
In terms of the data, Apple shifted back into the second position in the first quarter of 2021, after getting the top spot in the fourth quarter of 2020. The launch of the Cupertino giant's first 5G iPhone series led to increased demand in 2021. Mr Gupta said that 5G will continue to be the major growth driver for Apple in 2021, with device upgrades fueling demand for Apple’s flagship phone throughout the year.
The top five smartphone vendors on a global scale registered strong YoY growth in 2020 hinting that the phone market is focused around the top five vendors. Chinese smartphone vendors such as Oppo, Vivo and Xiaomi saw a growing demand for 5G smartphones and used the opportunities due to lower sales of Huawei and LG globally in this quarter due to the US trade ban and lack of competitive products.
When it comes to raw numbers, Samsung sold 76,611 thousand units with a market share of 20.3% in Q1 of 2021, higher than the 55,332.6 thousand units and market share of 18.4 per cent in 2020. Like this, Apple was able to sell 58,550.8 thousand units and garner a market share of 15.5% in Q1 2021 in comparison to 40,920.1 thousand units and a market share of 13.6% in 2020.
Xiaomi was able to sell 48,938.6 thousand units in Q1 2021, quite higher than the previously recorded 29,678.4 thousand units in 2020 with the market share rising from 9.9% to 12.9%. Furthermore, the likes of Vivo and Oppo sold 38,715.2 thousand units and 38,393 thousand units respectively, with a market share of 10.2% each.


text:
The PlayStation 5 outsold the Nintendo Switch in Japan last month for the first time.
By contrast, it sold 65,772 units in February 2022.
The Switch was the second best-selling console last month with 221,041 units sold.
PlayStation 5 sales have increased globally over the last few months, most likely due to increased availability of console stock.
Sales of the console were up 202 percent across Europe in January 2023, compared with the same month last year. Worldwide, PS5 sales were up 83 percent over Christmas 2022 compared with 2021.
What’s significant in Japan is Sony overtaking Nintendo, which has been dominating console sales in the market.
Perhaps sales of the Switch are beginning to slow as it nears the end of its life, compared to PS5 now hitting its stride.
In terms of software sales, though, Nintendo remains dominant. According to Game Data Library, the top 15 best selling retail games in Japan (as of 26th February) are almost all Switch games. Pokémon Scarlet and Violet take the top spot, with Splatoon 3, Fire Emblem Engage, Kirby’s Return to Dreamland Deluxe, and Mario Kart 8 Deluxe rounding out the top five.
Best selling games of the year so far, February update.
Some new entries from the month’s biggest releases, most notably is Kirby being #4 already. pic.twitter.com/wvcpgy7h0m
— Game Data Library (@GameDataLibrary) March 3, 2023


text:
Highlights from the shows, including a celebrity-packed front row at Calvin Klein and a trek to Bedford Hills, N.Y., to see Ralph Lauren’s vintage cars.
NYS Entity Status
NYS Filing Date
JANUARY 30, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - CLAREMONT FOOD LLC
AROUND THE WEB
- The Top 10 Moments of New York Fashion Week
By THE NEW YORK TIMES - Friday Sep 15, 2017
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- Women of Sex Tech, Unite
By ANNA NORTH - Friday Aug 18, 2017
New York is becoming a cultural center for young women trying to disrupt the male-dominated industries of design engineering and sex toys.
- Coffee recalled for containing Viagra-like ingredient
By Fox News - Thursday Jul 20, 2017
A company based in Texas has recalled a coffee product after a substance found in a drug used to treat erectile dysfunction was found in the product, the Food and Drug Administration (FDA) confirmed. Bestherbs Coffee LLC has recalled all of its “New of Kopi Jantan Tradisional Herbs Coffee” after the FDA said it found...
- Teens taunted biracial boy, hung him from rope: family
By Associated Press - Tuesday Sep 12, 2017
CLAREMONT, N.H. — Teenagers in New Hampshire taunted an 8-year-old biracial boy with racial slurs and then pushed him off of a picnic table with a rope around his neck, injuring him, the boy’s family said. The child was treated at a hospital for cuts to his neck following the near-hanging Aug. 28 in Claremont,...
- Restaurant Review: A New Kind of Sichuan Restaurant for New York
By PETE WELLS - Tuesday Aug 1, 2017
In downtown Flushing, Queens, Guan Fu Sichuan shows off the rich variety of flavors beyond the familiar blast of chiles.


text:
The Realme 9 Pro series of phones will be the first to launch in Europe with color-changing backs.
Update, February 3rd at 12:20AM ET: Realme confirms the launch date of the 9 Pro series
what you need to know
- Realme has “revealed” the design of its upcoming 9 Pro series of phones.
- Both Realme 9 Pro series phones will feature color-changing backs.
- The phone’s “Light Shift Design” is inspired by photochromic and organic photochromic materials.
Realme is expected to unveil two new additions to its “digital series” of budget phones soon. Ahead of its official launch later this month, Realme has detailed a new “Light Shift Design” for the upcoming Realme 9 Pro series.
The Sunrise Blue versions of both phones will have a color-changing back that apparently “changes from blue to red in five seconds under sunlight or UV light.” When the phone has no direct light, it turns back to blue.
Realme says the new “light-shifting design” is inspired by photochromic and organic photochromic materials. In order to achieve the “chameleon” effect on the 9 Pro series phones, realme had to use new technologies such as changing the molecular structure, so that the material can quickly change color and fade again.
realme pioneered the pioneering double-layer photochromic process and added an organic composite layer, which not only ensures the expected effect, but also improves the color rendering rate
The Realme 9 Pro series phones won’t be the first to feature color-changing backs. The vivo V23 series phones released last month have a similar design.
While Realme has yet to confirm a release date for the 9 Pro series, it did reveal last month that the Realme 9 Pro+ will be powered by the MediaTek Dimensity 920 5G chipset. On the other hand, the Realme 9 Pro is rumored to feature Qualcomm’s Snapdragon 695. The same chipset also powers the Redmi Note 11 Pro 5G – one of Xiaomi’s best budget Android phones.
Update (February 3, 12:20AM ET) ― Realme 9 Pro series will be launched on February 16
Realme has announced that its color-changing 9 Pro series of phones will be launched at an online event in India on February 16. The conference will begin at 1:30 PM IST.


text:
DP World has launched its wholesale e-commerce platform Dubuy.com in Tanzania today. The online marketplace will give Tanzanian businesses better access to international markets. It will also provide a more secure and reliable supply chain, through DP World’s worldwide ports and logistics network.
The new platform enables Tanzanian businesses to buy wholesale products across a variety of categories both domestically and abroad. Dubuy.com offers users a unique combination of advanced technology and DP World physical infrastructure – which includes the Port of Berbera in Somaliland – to solve several key challenges facing the growth of e-commerce in Africa. This includes reliable fulfilment, secure financial transactions, and safe movement of goods.
Mahmood Al Bastaki, chief operating officer of Dubai Trade World said: "Dubuy.com presents an opportunity for homegrown businesses to transform into international enterprises by providing access to new markets in Africa, the Middle East and the rest of the world. We are thrilled to continue our expansion into East Africa with our launch in Tanzania, a key strategic market given its rapidly growing economy and under-served e-commerce marketplace. It is our hope that access to these new digital tools will enable local businesses to prosper."
This latest expansion of Dubuy.com follows launches in Kenya and Rwanda last year, which created an online business community of more than 1500 active merchants. The move into Tanzania demonstrates Dubuy.com’s commitment to creating a strategic trading gateway into East Africa by working in partnership with the Chamber of Commerce.
Paul Koyi, president of Tanzania Chambers of Commerce, said: "Tanzania’s Development Vision for 2025 is to have a strong, diversified, resilient and competitive economy, one which is easily and confidently able to adapt to the changing market and technological conditions of the regional and global economy. We know that exciting opportunities such as those provided by our strategic partnerships with DP World and Dubuy.com will help us drive this vision forward. Further, it will allow us to increase our country’s trading connectivity, build an easy access market for Tanzanian entrepreneurs, and help us secure long-term, sustainable growth. With our local expertise, and DP World’s global footprint and influence, we have a bright and prosperous future as part of a global market ahead of us." — email@example.com
The platform is expected to launch by the end of 2022 and DP World is actively talking to best-in-class technology partners to help develop the platform and help bring our innovative solutions to life.
Business18 hours ago
Over the past 12 months, Check Point Research (CPR) has found serious security flaws in leading Web3 platforms such as OpenSea, Rarible and Everscale.
Business19 hours ago
The centre’s data highlighted China’s leadership in the list of top 10 countries trading with the UAE in Q1 2022, valued at Dh57 billion, followed by India with Dh46.2 billion, and Saudi Arabia with Dh32.5 billion
Business1 day ago
Secretary General of the Executive Council of Dubai, and President and CEO of Dubai Chamber, and DMCC’s Chairman of the Board, shown the wide range of trade-enabling facilities and services
Business1 day ago
The agreement aims to boost the exploration of future opportunities, while augmenting integration and cooperation in supporting global efforts to achieve mutual objectives and develop comprehensive future plans and strategies
Business1 day ago


text:
Fresh off the wire, Apple is reminding everyone that their flagship product, the iPhone 4, will go on sale in 17 additional countries beginning July 30th. Australia, Austria, Belgium, Canada, Denmark, Finland, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, New Zealand, Singapore, Spain, Sweden and Switzerland to be exact. Hit the bounce for the full release. More →
Apple has just posted a press release to let everyone know it will be releasing its iPad tablet in Austria, Belgium, Hong Kong, Ireland, Luxembourg, Mexico, Netherlands, New Zealand and Singapore this Friday. There really isn’t too much else to say about it. We’ve got the official release for you right after the break. More →
Good news for Android users situated in Canada and and 11 Western European nations, as today Google announced the immediate availability of its free Google Maps Navigation application in Austria, Belgium, Canada, Denmark, France, Germany, Italy, the Netherlands, Portugal, Spain, and Switzerland. To get Google Maps Navigation 4.2 you’ll need to live in the aforementioned countries and have an Android phone running 1.6 and up. Also announced by Google was the addition of support for French, German, Italian and Spanish for Google Voice Search. This update applies not only to Android, but BlackBerry and iPhone as well. No update to the application is needed to gain support for the additional languages, but if you’re the paranoid type you can grab the app at m.google.com or the iTunes App Store. More →
With WWDC just around the corner, it is time for the iPhone rumors to kick into high gear and get a little international flavor. First stop is Vodafone, where an email sent to the retail staff reveals that the 16GB iPhone has been categorized as “End of Life” by well-known mobile phone supplier Brightpoint. In a different part of the world, a placeholder for an “iPhone 32 GB” has appeared and then disappeared from T-Mobile’s Austrian website, mimicking a similar brief appearance of the iPhone on T-Mobile’s German website last year. Sounds like the old is making way for the new, no?
Read (T-Mobile leak)
Read (16GB EOL’ed)


text:
Good News Brewing owners open Alpha & Omega Roasting Co. in O’Fallon, Mo.
Alpha & Omega Roasting Co. opened on 111 N. Main St. in O’Fallon, Missouri on Oct. 19 as a spin-off coffee roaster and cafe from Good News Brewing Co. owners Dan Tripp and Matt Fair, as reported by St. Louis Magazine.
“One of our most popular brews [at Good News] has always been our hazelnut coffee milk stout,” Tripp said. “So when we realized how much people enjoyed our coffee beers, we thought, ‘Why not just open up a coffee roastery where we can roast our own coffee and control the flavors?’”
With only one other independent coffee roaster in the area, Tripp and Fair were excited to open their doors in the neighborhood. “The community response has been great,” Tripp said. “Not many big businesses open in the area, so there isn’t much growth. We want to be part of the revitalization of north O’Fallon.”
Alpha & Omega air roasts its dark and medium roasts on premises in small batches, almost daily. “At the brewery, we call [some of] our selections ‘gateway beers’ because they’re easy and approachable for customers who aren’t familiar with IPAs and the like,” Tripp said. “We’re taking the same, simple approach to our coffee.”
Tripp is partial to Honduran beans in all his blends. “I have a passion for Honduras, because I did many mission trips there,” he said.
Customers will also find a variety Cameroon blends, especially for its cold brews. Tripp also plans to offer nitro teas, as well as a variety of Good News beer on tap, including a nitro coffee stout.
Alpha & Omega also serves sweet specialty cocktails such as espresso martinis, chocolate peanut butter cup martinis and Drunken Turtle martinis, a dark chocolate caramel latte with a shot of pecan pie whiskey. Food-wise, a small menu of grilled cheese sandwiches are available.
Alpha & Omega is open 6 a.m. to 6 p.m. Sunday through Thursday and 6 a.m. to 10 p.m. Friday and Saturday.
Jane Thier is an editorial intern at Sauce Magazine.


text:
TIPLIX Launches Affiliate Programme with Income Access
TIPLIX, the Malta-based online sports-betting, poker and casino brand that is partnered with various European retail betting shops, has launched its new affiliate programme in partnership with Income Access, the iGaming-focused marketing and software provider and member of Paysafe Group. The TIPLIX affiliate programme will be managed using Income Access’ affiliate software and Ad Serving tool.
Launched in 2009, TIPLIX is operated by Trustfulgames.com Ltd. and licensed by the Malta Gaming Authority. Leveraging promotional partnerships with retail betting locations in Germany and Austria, the brand offers players a comprehensive sports-betting experience, including soccer, tennis, hockey and baseball, among others sports markets. TIPLIX also features an online casino with a full suite of online slots, poker and table games as well as a state-of-the art live casino.
To celebrate the launch of the TIPLIX affiliate programme, new players will be offered a free bet of up to €100 upon registration.
The TIPLIX affiliate programme, which will be powered by Income Access’ affiliate management software, offers affiliates a revenue share commission structure of up to 40% per month. Affiliates will also have access to live chat support from TIPLIX’s expert support team. The programme is available in German as well as English.
“When we decided to launch a new affiliate programme, we immediately considered Income Access due to its strong reputation among our peers and partners in the iGaming industry,” said Florian Geheeb, COO of TIPLIX. “As a sports-betting company currently doing most of our business in retail shops, we are looking forward to working with Income Access to make our push into the online sphere as successful and growth-driven as possible.”
The TIPLIX affiliate programme will be managed by the brand’s in-house team of affiliate managers. The team will use the Income Access software’s Ad Serving tool to target affiliate marketing campaigns according to players’ geo-location, language, device and other criteria.
“We are excited to support TIPLIX’s new affiliate programme,” said Nicky Senyard, Managing Director of Income Access. “Given its presence in a number of European jurisdictions with different languages, our Ad Serving solution and our software’s other features will ensure that its player acquisition via the affiliate marketing channel is maximised.”


text:
No Results FoundIt seems there are no results matching your search criteria.
Latest News From ETRetail.com
The NRAI launched its #logout campaign against Zomato Gold on August 15. “A lot of restaurants which had left are back on Gold. The campaign is mostly being led by five restaurant brands. Whoever has not joined back is bleeding,” Goyal asserted.
Amid complaints of customers being forced to buy particular brands of liquor at government-run shops, the excise department has asked agencies to install LED screens at each store to display real-time inventory data.
It had set up ‘BB Accelerate’ where small consumer brands — largely food-based — are selected and then nurtured for a year with handholding from Bigbasket’s executives. They are then moved on to standard categories on the platform, competing with sector biggies like HUL and Marico.
The department for promotion of industry and internal trade (DPIIT) has initiated an in-house exercise to identify additional sectors for easier FDI rules before it takes them up with the ministries concerned, sources told TOI.
DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details
The DPIIT has asked the cos to share their capital structure, biz model & inventory management system.
Allegations of price distortion were long being levelled at ecomm. That war is now becoming serious.
Leading electronics retail chain Vijay Sales director Nilesh Gupta said this weekend sale was reasonably good even though the usual bouyant pick up before Diwali was missing. The retailer is one of the largest in New Delhi and Hyderabad.
Reliance has signed brand licensing & distribution deal with Electrolux to relaunch Kelvinator refrigerator. Under the more than 10-year contract, Reliance will shortly relaunch the Kelvinator refrigerator and other appliances.
Footfalls at prominent malls in New Delhi, Mumbai and Bengaluru on the weekend before Diwali were lower than in the comparative period in recent years and even if there were walk-ins, purchases were lower, retailers said.
It has been a year since conventional crackers were banned. So to satisfy the demand for crackers, manufacturing licences were given to firework makers to make eco-friendly firecrackers which has limited options and it doesn't seem to be doing well in markets.
The deal with the iconic Tamil Nadu restaurant, which started with just one outlet in a small town in 1957, will value it at close to Rs 600 crore which includes a share purchase from promoters besides fresh capital infusion for expansion.
We believe that economic slowdown is an opportunity for retailers. This is the time they can gain market share and also make investments.


text:
Green FinTech Understand the numerous initiatives for innovation services and blockchain tips (talking to) projects in Green Money. The EY Blockchain Global e-newsletter curates the most recent developments and the news you need to know. Use our insights to find out more regarding just how blockchain can assist your company. San Francisco-based Wanderer did not promptly reply to a request for remark. I just obtained a rip-off email so I am sure others below did also from what appears like Coinbase. First of all, “Verification billing account has been upgrade” is not a sentence.
There will certainly be a situation for having straight, peer-to-peer monetary services offered via decentralised methods like the blockchain tips (just click the following internet site), in a Web 3.0 globe. Smart agreements that are self-executing and also where you do not require an intermediary. But there will certainly be a large classification of financial solutions which will certainly still need customisation, and also straight connection in between a financial institution as well as a consumer.
Albeit the high tax price of 30% on earnings from possessions, investors and marketing professionals are pleased for the much needed quality being provided regarding cryptocurrencies and also their classification as a new possession course. The spending plan likewise mentions a provision of a 1% tax deducted from source. With the Get Bank of India being resistant in its strategy in the direction of cryptocurrencies in 2018, to an inclusion of cryptocurrencies in the Union Budget for 2022, there is a great deal to contemplate as well as consider concerning the world of online money.
Some sources assert that the present Bitcoin layout is really inefficient, creating a welfare loss of 1.4% about a reliable cash money system. The main resource for this inefficiency is the huge mining expense, which is approximated to be US$ 360 Million annually. This translates into users wanting to approve a money system with an inflation price of 230% prior to being much better off utilizing Bitcoin as a way of settlement. Nevertheless, the effectiveness of the Bitcoin system can be significantly improved by enhancing the rate of coin production and minimizing deal costs. One more prospective enhancement is to eliminate inefficient mining activities by altering the agreement procedure altogether.
On today’s episode, we talked about the online land sale that damaged the blockchain. Customers abounded the sale like it was a Supreme drop in 2017, overwhelming the entire Ethereum network and also resulting in lots of failed purchases and also exorbitantly high gas charges. We clarified what failed and also discovered some (capacity?) conspiracy theories concerning the farce, which seem to emerge anytime a major event happens in the web3 world. Knowing that NFTs are much more risky as well as speculative than crypto, you need to likely keep away from them, Blockchain tips (zerogov.net) especially while there’s a basic decrease in crypto prices. Regulative news can likewise affect the price of cryptocurrency in currently volatile markets. Market volatility is why specialists recommend maintaining any kind of cryptocurrency investments to much less than 5% of your total portfolio as well as never spending anything you’re not OK with shedding.
In Might 2020, the Joint Working Team on interVASP Messaging Standards released “IVMS 101”, an universal usual language for blockchain tips [zerogov.net] communication of required originator and beneficiary information between VASPs. The FATF and also economic regulatory authorities were educated as the information model was created. In the longer term, of the 10 leading cryptocurrencies recognized by the overall worth of coins in flow in January 2018, just 4 (Bitcoin, Ethereum, Cardano as well as Surge) were still in that placement in very early 2022. For Ether, transaction charges differ by computational complexity, data transfer use, as well as storage needs, while Bitcoin deal fees vary by deal dimension and whether the purchase uses SegWit. In September 2018, the typical purchase cost for Ether corresponded to $0.017, while for Bitcoin it represented $0.55. The most commonly used proof-of-work systems are based upon SHA-256 and scrypt.


text:
According to new research from the Coalition for GSP, expiration of the Generalized System of Preferences (GSP) program cost American companies nearly $70 million in January 2021. Congressional authorized for GSP expired on December 31, 2020. Failure to renew GSP is already costing American companies and workers.
One California small business with about 20 employees canceled plans to hire two new workers in January. Longer-term investments that could add 10-15 production jobs and 3-4 more engineers also are on hold. Here, the company’s president describes how he would immediately hire new workers if GSP is renewed, but expansions depend on how it is renewed.
A critical point: the uncertainty created by Congress prevents the types of investments and American job creation that Congress (says it) supports. While expiration means no jobs, and a 1-2 year renewal would mean 2 jobs, a 5+ year renewal could lead to 15-20 skilled manufacturing and engineering jobs. Yet for the last 3 months Congress has chosen the “no jobs” option.
Another important point: all of the company’s GSP imports are used to manufacture other products in the United States. Due to GSP expiration, the company has raised its’ prices 10-15% depending, meaning other American manufacturers are now less competitive in selling in the United States and global markets.
With each passing day adding millions of dollars in new costs, it is past time for Congress to help American companies and workers by renewing GSP.


text:
- January 17, 2013
Five years after being promoted to a leading position in her company and two years after leading a merger, Stephenie Scanlon is calling it a career as president of AVI-SPL, a Tampa-based audio-video communications services provider.
Scanlon joined the company, formerly known as Audio Visual Innovations, in 1986 as a sales representative, expanding her role beyond rental services to include systems sales, human resources, and sales and marketing management. She launched the company's e-commerce and national telesales division in 1998.
Since her promotion to president in 2005, Scanlon has managed the company's marketing and corporate communications, e-commerce and transactional business units, and key supplier relationships. She stayed in her position through AVI's 2008 acquisition of Signal Perfection Ltd. in Columbia, Md.
“It's been exciting and rewarding to see this company and industry really take off over the years, and I know there are only substantially greater things to come,” says Scanlon, who will remain with AVI-SPL as a consultant for special projects and initiatives.
“We would never have accomplished a fraction of what we have done without Stephenie's skills,” says Marty Schaffel, the company's executive chairman.