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Blog: GM is safe, Cameron's science advisers claim
Hannah Abdulla | 18 March 2014
A letter from the Council for Science and Technology to UK Prime Minister David Cameron has stressed that food producers and retailers are not doing enough to highlight to consumers the challenges of production and distribution as the war against GM foods continues.
Sir Mark Walport and Professor Dame Nancy Rothwell chairman and co-chair of the Council for Science and Technology called for a relaxation surrounding GM trials, arguing that the UK has limited agricultural land supply and there needed to be an increase in productivity of existing land to optimise crop production.
"We can currently afford to buy all the food we need on the open market. We cannot continue to take this for granted," it read.
Referring to the GM process, the letter read: "The European Academies Science Advisory Council notes that, after over fifteen years of cultivation, there is no compelling evidence of any greater risk to humans, animals or the environment than that associated with conventional crops".
It continued to discuss how GM crop trials needed to be assessed individually rather than being talked of "generically".
"GM is neither intrinsically safe nor unsafe. The questions are always: what plant? What genetic modification? For what purpose?"
The letter has added to debate surrounding GM foods and the government's "duty" to explore the contentious area as noted by UK environment secretary Owen Paterson in June last year. At the time, he insisted GM was a "safe, proven, and beneficial innovation."
"The problems we face in feeding ourselves in 40 years' time are very real and something we have to prepare for right now. We should all keep one fact at the front of our minds. At this very moment there are one billion people on this planet who are chronically hungry. Are we really going to look them in the eye and say 'We have the proven technology to help, but the issue's just too difficult to deal with, it's just too controversial'?
"It won't be long until the population moves from seven billion to nine billion and we'll have even fewer resources to feed them. It is our duty to explore technologies like GM because they may hold the answers to the very serious challenges ahead," he said at the time.
However, following the horsemeat scandal of 2012 and the growing importance of food integrity and the safety of UK and European supply chains, GM is likely to continue to be a hotly debated subject for 2015.
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TUAW TV Live from the Aspen Grove Apple Store
In case you want to know the mechanics of how this is being done, Steve's using an iPhone 3GS running Ustream Broadcaster, connected through Wi-Fi to a Sprint MiFi. The iPhone is encased in an OWLE Bubo with a wide-angle lens, and has a SIMA LED Camcorder Light attached to it as well as a small directional mic. All of this is standing atop a Manfrotto monopod. Enjoy the video, and if you're at the store or in a line somewhere else, remember that you can watch this on the Ustream app.
One more thing -- due to the nature of this broadcast, we won't have the traditional chat this morning. Oh, and one MORE thing -- until we go live, you'll be watching Dave Caolo's previously recorded video stream from Boston.
Those of us in the flyover states have been watching the photos and video coming in from the Eastern seaboard as the Apple Stores open...
Deals of the Daymore deals
Software Updatesmore updates
- Microsoft Office for Mac 2011 Update 14.3.4
- Pixelmator 2.2 available with over 100 new features and improvements
- DabKick for iPhone lets you share photos, watch videos and now listen to music in real-time
- Google Now added to search app on iPhone, iPad
- GateGuru for iPhone has been updated and greatly improved
- Twitter updates its OS X client

domain: news


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European Chips Act: Promoting investments and enhancing security in the semiconductor Industry
The European Chips Act, a new law aimed at promoting chip investments in Europe, has been agreed upon by Parliament and Council. It includes provisions to fast track permitting procedures, recognize the importance of chip investments, and provide support to small and medium-sized businesses. The legislation will also enhance the EU’s security of supply, establish a crisis response mechanism for semiconductors, and strengthen international cooperation. MEPs secured €3.3 billion for chip research and innovation. The Act now awaits endorsement by the Council of ministers. Europe’s share in global semiconductor production is below 10%, and the legislation seeks to increase it to 20%. The Act aligns with proposals from the Conference on the Future of Europe.
The European Chips Act, which has been agreed upon by Parliament and Council, aims to create a favorable environment for chip investments in Europe. The law includes measures to fast-track permitting procedures and recognizes the critical importance of chips through a “highest national significance statute.” It also provides increased support, particularly in chip design, for small and medium-sized businesses to promote innovation.
In addition to promoting investment, the legislation supports projects that enhance the EU’s security of supply by attracting investment and building up production capacity. MEPs have secured €3.3 billion for research and innovation related to chips, and a network of competence centers will be established to address the skills shortage in the industry and attract new talent.
To address supply problems, a crisis response mechanism will be established. The Commission will assess the risks to the EU’s supply of semiconductors using early warning indicators in member states, triggering an EU-wide shortage alert. Emergency measures can be implemented, such as prioritizing the supply of affected products and joint purchasing for member states. MEPs have introduced a mapping tool to identify possible supply bottlenecks.
In order to sustain the EU sector’s competitive advantage, the proposed legislation also includes provisions to improve international collaboration with strategic partners and protect intellectual property rights. The €3.3 billion allotted financing reflects a strong commitment to increasing technological capabilities and resolving weaknesses while prioritizing autonomy, security, and a friendly business environment. Parliament overwhelmingly supported the measure, with 587 votes in favor, 10 votes against, and 38 abstentions. It currently awaits approval from the Council of Ministers before becoming law.
The European Chips Act aligns with the proposals from the Conference on the Future of Europe, promoting European technology as a robust alternative to foreign counterparts, ensuring supply security, and enhancing manufacturing. The legislation also emphasizes the need for strengthened EU supply chains through strategic investments and inter-member state cooperation. With over €43 billion in public and private investments, the Act proactively manages and swiftly responds to future disruptions.
In summary, the European Chips Act is a comprehensive legislative framework aimed at promoting chip investments, enhancing supply security, and positioning Europe as a leader in the global semiconductor industry. The legislation aims to create a resilient and competitive semiconductor sector in the EU by addressing vulnerabilities, fostering innovation, and strengthening cooperation.
Read more on European Chips Act.


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Nairobi,KENYA:Pay TV service provider GOtv is set to introduce a new pay tv package for its customers starting October.
The package known as GOTV Max is set to add more chanells including Laliga sports according to the General Manager Simon Karithi.
“Great entertainment has always been a key focus of GOtv – and we are excited to continue building our fantastic entertainment options for our customers by bringing them this new package,” Simon Kariithi, GOtv Kenya GM said.
“Our customers on GOtv can now access more fantastic entertainment and more sport which just got bigger and better with the GOtv MAX package. We will bring the best football titles in the world, including La Liga, providing more choice for the whole family.” Kariithi added.
Gotv customers will access the package at sh 1,299 and will be on an open view period for the month of October to all subscribers.
Some of the chanels that will be in the package include Fox entertainment,Sony max,CBS reality and more.


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Join in USi's Greek Solidarity campaign as we build a daily exchange between trade unions and their [...]
Part of the ancient Teotihuacán site, pictured right, is now underneath a Walmart, after Walmart bribed local officials. Walmart destroys Mexico’s cultural heritage for profit.
Walmart is the biggest private sector employer in the world. Whether they’re undermining wages or building stores on ancient archaeological sites, let’s keep an eye on them.
Bangladeshi garment workers’ union leader Aminul Islam was tortured and murdered in April this year. Support the campaign to bring his killers to justice.
More than 1,000 workers died – and the lives of their families ripped apart - when a factory making clothes for Primark, Matalan and Mango collapsed. Demand that these UK high street retailers take responsibility for their supply chains.
There are four things you can do right now:
The Tazreen Fashion fire in Bangladesh killed 112 workers in November last year. Some brands have compensated family members for their loss, but Walmart and Disney refuse.
“The people of Greece face an unprecedented economic and political crisis”
USi is particularly concerned with countries within the Eurozone that are facing tremendous economic, political and social instability. One country in particular USi wants to build a genuine and ongoing exchange between trade unions and their members is in Greece.
All trade union members across the World have been deeply concerned about the events in Greece. In a letter to the Guardian dated 13 February ‘Solidarity Campaign to support the people of Greece‘ signed by trade unions, writers, community and campaign groups, academics and politicians the UK labour movement made its intentions clear to provide support.
As such, USi’s flag-ship campaign will be a solidarity campaign with the people of Greece. This will involve raising funds that the USi Advisory Board will determine the allocation of any monies raised in consultation with Greek trade unions so it can be put to the best possible usage.
We want you to TAKE ACTION:
1. Show your solidarity with the people of Greece by signing up and sharing this campaign and latest articles
2. Engage with Greek trade unionists through USi forums and web conferences
3. Build practical solidarity between your union and community and sister organisations in Greece
4. Donate to USi’s Greek solidarity campaign. All funds raised go directly to support Greek trade unionists in their battle against austerity
PLEASE CONSIDER MAKING A DONATION TO THE GREEK SOLIDARITY CAMPAIGN BY CLICKING ON THE BELOW BUTTON AND FOLLOWING THE INSTRUCTIONS. YOU DO NOT NEED A PAY PAL ACCOUNT TO PROCESS ANY MONIES KINDLY DONATED.


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Many of the wall panels are already up, but that didn’t stop Walmart and local officials on Monday from holding a ceremonial groundbreaking for the new Neighborhood Market at Route 5 and Balltown Road in Niskayuna. The market, Walmart’s first in upstate New York, is expected to open in October and will employ 90 full- and part-time workers, said Jason N. Klipa, a Walmart spokesman.
As union members picketed outside the fenced-off construction site, officials talked about the competition the new store would bring.
“We look forward to the 90 jobs,” said Town Supervisor Joe Landry. “We look forward to the more affordable prices.”
Walmart has about 250 of the smaller Neighborhood Markets — about a quarter the size of a typical Walmart supercenter — already open, but most are concentrated in the southern and western parts of the country, Klipa said. “Three or four” are operating in the Northeast, although none are yet open in New York state.
Klipa said at least one is being built on Long Island, and that the Niskayuna store will be the first upstate.
It will feature a full-service grocery line and pharmacy, with a smaller assortment of general merchandise and healthy and beauty items, he said.
Walmart in recent weeks came under scrutiny after reports surfaced that it was having difficulties keeping up with restocking of store shelves, with some news reports blaming a shortage of staff.
But Klipa said that “as far as staffing, we don’t anticipate any issues,” at the new market in Niskayuna. “As customer demand increases, we try to keep up with staffing.”
He expected that hiring for the new market would begin sometime this summer.


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The Macau region of China is one of the biggest tourist attractions in Asia with its elaborate casino hotel and resorts . Similar to Las Vegas, Nevada in the United States, Macau has gained the reputation as a top entertainment and gambling travel destination.
The upcoming Chinese Labour Day holiday is expected to be big. So big that it could attract as many as 20 percent more visitors to this region than last year. As decreed by China’s State Council, this year’s holiday will run from May 1 through May 4. This would give mainland China residents a four-day break from work to enjoy all the festivities.
Upcoming Chinese Labour Day Holiday
The 20 percent growth estimate was released by the city’s tourism promotion staff. It is heavily tied to travelers arriving into the region via the Hong Kong-Zhuhai-Macau Bridge. This is according to Maria Helena de Senna Fernandes acting as the director of the Macao Government Tourism Office (MGTO). She echoed her sentiments to the local media last week as a way to promote the upcoming holiday.
She also released an estimate that the hotel occupancy rate for the Macau region would exceed 90 percent over the four-day period. Also included in her comments was mention of the work that has been done promoting the area with airlines and other transportation companies. The goal is to extend the stay for many out of town travelers. Overnight guests will provide a bigger boost to the economy that day trippers according to local travel research. However, day trippers have helped increase Macau’s first-quarter visitor arrivals by an estimated 21 percent. That has resulted in nearly $10.4 million in tourism spending.
The inbound tourism figures for 2019 have “far exceeded” earlier projections according to Ms. Fernandes. Official data collected by MGTO projected that close to 4.75 million arrivals into the region were by overnight travelers. The figure for day trippers was estimated to be 5.6 million.
Going back to last year’s travel figures for the holiday that ran from April 29 through May 1, Macau received over 391,000 tourists. That was an increase of 4.7 percent against the holiday in 2017. These numbers were derived by the city’s Public Security Police at that time. It was added that almost 92 percent of those visitors came from mainland China, Hong Kong and Taiwan. The visitors from these three regions increased 7.6 percent in 2018 according to this report.
Increase In Gambling At Macau Casino Hotels And Resorts
Taking a closer look at the hotel occupancy rate for the 2018 holiday, it reached 94.3 percent. This figure includes Macau hotels and guesthouses. Also in data collected by MGTO for that holiday period was an average room rate of $200.
It has already been noted that most of Macau’s five-star casino hotel and resorts have experienced a strong increase in advanced bookings. Most of these casino gambling resorts are in Cotai. This information was gathered by GGRAsia from the official booking websites of these major casino properties.


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HGTV is one of my favorite TV networks to watch. They have amazing programs like, “Property Brothers”, “Fixer Upper”, “Flip Or Flop” etc. My wife and I can spend hours watching these shows and we love to see how they can turn an awful place into an amazing home.
One of the pioneers of UBER is now trying to break into the Real Estate space and “shake things up”. Garrett Camp, co-founder of UBER and CEO of Expa Studios, released a new digital platform called HAUS which digitizes the offer submission and acceptance process. Camp says his new company isn’t trying to compete with the Zillows of the world in the crowded space of online home search.
As we look at the Costa Mesa real estate market for 2016 we can conclude it was a very strong year for Costa Mesa.


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A prosthetic hand that could be cheaply created on a 3-D printer for amputees in developing countries won the top prize and $10,000 in the Schoofs Prize for Creativity, one of a pair of competitions that make up Innovation Days. Held Feb. 9 and 10, the event rewards University of Wisconsin–Madison students for creative and marketable ideas.
Having been selected from 78 competitors from around the world, two University of Wisconsin–Madison students will travel to London for the finals of the LES (Licensing Executives Society) Foundation international business plan competition, held June 4.
A smartphone application that will allow running race observers to keep track of particular runners in real time has won $10,000 and top prize at the inaugural University of Wisconsin–Madison Qualcomm Wireless Innovation Prize.
As Wisconsin struggles with unemployment and anemic growth, a group of health-related university spin-offs continues to benefit from UW–Madison's profound depth in biological sciences, medicine and engineering.
In military combat, vehicle tires are critical, as blown tires can mean troops are stranded in dangerous situations. Wausau, Wis.-based Resilient Technologies is working on a non-pneumatic tire with a honeycomb-like design, which can't be shot out and could save lives.
Speakers from the University of Wisconsin–Madison's Law & Entrepreneurship Clinic, which offers startup businesses the pro bono legal services of UW law students supervised by faculty and private sector attorneys, will discuss key legal issues confronting entrepreneurs at this evening's Gilson Bootstrapping event. The program begins at 5 p.m. today (March 30) in the Town Center of the Wisconsin Institutes for Discovery, 330 N. Orchard St.
A panel of experts will discuss funding opportunities available to young firms for advancing the research and development of their technologies at the WARF Gilson Bootstrapping seminar being held Wednesday, March 23.
A dress made of rubber gloves, a xylophone constructed from PVC pipes and a coffee chiller fashioned out of discarded lab equipment were just three examples of entrepreneurial creativity submitted in this year's Wiscontrepreneur 100-Hour Challenge, sponsored by the University of Wisconsin–Madison Office of Corporate Relations.
What if you could enter a grocery store, and with the tap of your finger, determine which products were made in your state? Thanks to three UW–Madison graduate students and their partnership with a local grocery store, you now can.
A system that could widely expand stent treatments for patients with diseased arteries won the top prize and $10,000 in the Schoofs Prize for Creativity, one of a pair of competitions that make up Innovation Days, an event that rewards University of Wisconsin–Madison students for innovative and marketable ideas.
Allen Dines of the University of Wisconsin–Madison's Office of Corporate Relations will be the first speaker featured in WARF's new Gilson Bootstrapping Series. He will discuss the wide variety of resources available to new entrepreneurs, or to those just thinking about starting a business, at 5 p.m. on Tuesday, Jan. 25.


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The cannabis industry has experienced significant growth over the past few years, and it shows no signs of slowing down. With the continued legalization of marijuana across the United States, it’s no wonder that entrepreneurs are increasingly interested in getting involved in this lucrative market. In this blog, we’ll explore the future of the cannabis industry, with a focus on Peoples Remedy and its potential in the central valley.
First, let’s take a look at the current state of the cannabis industry. Currently, marijuana is legal for medicinal use in 36 states and for recreational use in 15 states. This means that a growing number of Americans have access to legal cannabis, and this trend is only going to continue. According to a report by Grand View Research, the legal marijuana market size was valued at $9.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 26.7% from 2021 to 2028.
So, what does this mean for Peoples Remedy and the central valley? Peoples Remedy is a cannabis dispensary located in the central valley of California. As marijuana becomes increasingly legal across the United States, it’s likely that the demand for dispensaries like Peoples Remedy will continue to grow. With its convenient location and quality products, Peoples Remedy is well-positioned to become a leader in the cannabis industry in the central valley.
One area where Peoples Remedy could really make a difference is in the realm of social equity. The cannabis industry has a complicated history, with people of color disproportionately impacted by drug-related convictions. Now that marijuana is becoming legal, it’s important to ensure that everyone has an equal opportunity to participate in this industry. Peoples Remedy has already taken steps to promote social equity, such as partnering with local organizations that focus on providing education and resources to minority communities.
As the cannabis industry continues to evolve, there are sure to be many changes and challenges. One of the biggest challenges facing the industry is the lack of federal legalization. While many states have legalized marijuana, it’s still illegal at the federal level. This has made it difficult for cannabis businesses to access banking services and other resources that are available to other types of businesses. However, there are signs that this may be changing. The new Biden administration has indicated that they may be open to legalizing marijuana at the federal level, which would be a major win for the cannabis industry.
In conclusion, the future of the cannabis industry is bright, and Peoples Remedy is well-positioned to thrive in this changing landscape. As the industry grows and changes, it will be important for businesses like Peoples Remedy to stay nimble and adapt to new regulations and consumer demands. However, with its commitment to social equity and quality products, Peoples Remedy is sure to be a major player in the cannabis industry for years to come.


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OPPO is expected to announce its Reno flagship smartphone on April 10, though we're expecting to see more than one phone. In addition to the flagship model, OPPO is also planning to announce a mid-range variant of the device, fueled by the Snapdragon 710 SoC, and if you're at all interested in this announcement, a well-known tipster has just released more info about the device, about the flagship model.
Ishan Agarwal has shared this information on Twitter, and he says that the most powerful OPPO Reno variant will probably be called the "Reno 10X Zoom". That seems to be a rather strange name for a smartphone, but the device is expected to offer 10x hybrid optical zoom thanks to its periscope camera system that OPPO showcased during the Mobile World Congress (MWC) in Barcelona. That camera feature will be one of the main selling points of this phone, so it's not surprising OPPO wants to emphasize that.
The source also says that the phone will be fueled by the Snapdragon 855 64-bit octa-core processor by Qualcomm, while it will also pack in 8GB of RAM and 256GB of storage. The device will include an OLED display, while its screen-to-body ratio will be 93.1-percent, that is actually official info, as OPPO did reveal the phone's screen-to-body ratio not long ago
Mr. Agarwal claims that the phone will ship with OPPO's ColorOS 6.0 software out of the box, which means that Android 9 Pie will come pre-installed on the device. The phone will measure 162 x 77.2 x 9.3mm, while it will weigh 215 grams.
The source also shared an image of the phone in his tweet, but that is not the first time we're seeing this device. This image only shows part of the device, but official renders of the OPPO Reno had surfaced quite recently, even though those images showed the phone's mid-range variant, which is something you'll notice if you take a look at its rear cameras. The mid-range OPPO Reno handset will include two cameras on the back, while the flagship one will ship with three, the bottom one will be the periscope camera it seems.
The device will also include some additional camera-related sensors on the back, it seems, while its bezels will be extremely thin. A pop-up camera system will be a part of the offering as well, and if leaks are to be believed, we're looking at a triangle-shaped front-facing camera system, first of its kind. The phone will be made out of metal, and its back side will be slightly curved, while the phone will arrive in a number of color variants.
At this point, rumors are claiming that we'll see two variants of the phone announced, one mid-range and one high-end, but it is possible that the company will announce more variants come April 10, we'll just have to wait and see what will happen. One thing is for sure, though, this will become the most powerful smartphone that OPPO has ever announced, and based on the info that we have at the moment, the flagship model will be more than compelling.


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Kitchen Culture Holdings' half-year net loss widened to $1.69 million from a deficit of $1.26 million a year earlier as sales fell in its residential, and distribution and retail segments.
Loss per share for the six months ended Dec 31 last year was 1.7 cents, wider than the loss per share of 1.3 cents for the same period a year earlier. Shares in Kitchen Culture, a supplier of high-end kitchen systems, last traded at 17 cents on Nov 21.
For the six months ended Dec 31, the group's revenue fell 61.5 per cent to $7.8 million from $20.2 million in the previous year. Residential projects revenue dropped by 71.2 per cent, or $10.4 million, to $4.2 million, while sales from the distribution and retail segment declined 35.7 per cent, or $2 million, to 3.6 million.
Kitchen Culture described the business outlook for the next 12 months as "challenging and competitive" amid uncertainty in the global economy. But it noted that it recently secured two contracts in Singapore amounting to approximately $6.1 million that will be fulfilled over the next one to three years.
There are plans to broaden the business by entering the mass market sector through a relaunch of the group's Pureform brand for kitchen and wardrobe systems. It also plans to expand through Kroom, which sells premium kitchen appliances and wardrobe systems.
In a separate filing yesterday, the company announced that executive chairman and controlling shareholder Lim Wee Li has agreed to convert $2.5 million of debt owed to him by the company into 18.5 million new shares at a conversion price of 13.53 cents per share. Mr Lim is owed a total of $4.21 million by Kitchen Culture.
AT A GLANCE
REVENUE: $7.8 million (-61.5%)
NET LOSS: $1.69 million (+34.1%)
The conversion price represents a 10 per cent discount to the volume weighted average price of 15.03 cents for trades done on Nov 21, being the last full market day on which the group's shares were traded.
Following the proposed debt conversion, Mr Lim's stake in the company will rise from 74.7 per cent to 78.6 per cent. The new shares represent 15.6 per cent of the firm's enlarged share capital.
Based on Kitchen Culture's unaudited financial statements for the half-year ended Dec 31, the group was in a negative working capital position of $3.5 million and a net liability position of $1.4 million.
The proposed debt conversion will enable the group to improve its working capital and net tangible assets value, reduce its gearing and loss per share, eliminate the need for any cash repayment, and let it focus its resources on stabilising the business, Kitchen Culture said.


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These Star Wars spacecraft miniature are becoming a sensation. The toy brand Namco Bandai has announced the launch of three spaceships from Star Wars, which come in miniature size and can be controlled remotely with..
Star Wars ships landing necessarily in familiar cities like Paris, Rio de Janeiro and San Francisco. Look at this beautiful series of illustrations created by the French graphic designer and photographer Nicolas Amiard, who inserted..
NASA colorized the MESSENGER spacecraft images by overlaying spectral data onto monochrome images. The spacecraft is due to collide with the planet’s surface near the end of April, NASA said. The robotic spacecraft MESSENGER has..


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Narrow your search
The credit-data giant has acquired the identity protection company for a reported $30 million.
For one thing, you shouldn't enroll your child for credit monitoring, ID fraud experts say.
Debix aims to stop fraud the moment someone attempts to open a new account in your name. The advantage? Debix can help out when the case is still hot, says CEO.
NameSafe, an identity theft protection company, has sued competitor LifeLock for allegedly placing ads that prominently use its name.
Service lets people check if their data is being traded online by criminals, but critics say it could be a boon for the same crooks.


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Mars has been told it has a case to answer over a challenge to its claim that some of its Nutro dog food products have a limited number of ingredients.
A US judge in Illinois dismissed a motion to dismiss the claim by Mars Petcare and said the case – Bakopoulos v. Mars Petcare US Inc. – could proceed.
The lawsuit, filed last year, concerns Mars Petcare’s Nutro Ingredient Diet products.
Limited-ingredient diet pet foods are often chosen by pet owners for their health benefits or because their pet has a particular allergy.
But a group of dog owners accused Mars of misleading consumers about the products’ contents. They said Nutro was marketed as having ten or fewer key ingredients per bag and containing no chicken, wheat or soy. However, they allege that testing revealed more than trace amounts of chicken, wheat and soy in the products they purchased.
They brought claims for breach of warranty, unjust enrichment and violation of consumer protection laws.
In a ruling on Monday (12 July), seen by Just Food, Chicago-based US district judge Manish Shah said the case made by Illinois residents needed to be answered although he dismissed claims brought by residents of other states for lack of jurisdiction.
He also ruled that the claims related to products that the named plaintiffs had not actually bought must be dismissed for lack of standing and additionally dismissed claims for future injunctive relief, as opposed to monetary damages.
Just Food has asked Mars for its reaction to the ruling.


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February 1, 2014 |
NEW DELHI: Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents, according to Global NCAP. As per the tests done by Global NCAP, an independent charity based in UK focused on consumer orientated vehicle safety initiatives, these cars received zero for adult protection ratings in a frontal impact at 64km/hr.
January 26, 2014 |
NEW DELHI: Enterprise security solutions firm Palo Alto Networks is eyeing the rapidly expanding network security market in India as organisations are embracing mobility and cloud among other new technologies. According to market analysts, enterprise security market in India is expected to touch $548.7 million (about Rs 3,400 crore) this year logging a growth rate of over 14 per cent. "Businesses today depend a lot on applications, which means to open up one's network without compromising on IP property ," Palo Alto Networks Managing Director (India and SAARC )
January 24, 2014
Indianautosblog.com Maruti Suzuki has announced that bookings for the Celerio are open . The vehicle is to be launched at the 2014 Auto Expo that begins on February 5. The Celerio has what Maruti terms 'EZ Drive' (an Automated Manual Transmission), variants of which return 23.1 kilometre per litre in the ARAI mileage test. Through a webpage, Maruti has revealed a few parts of the car's exterior and interior. From the promotional material, one can see a Bluetooth-enabled audio system, steering-mounted controls for audio, manual aircon, 235-litre boot space, five-speed manual transmission option, fixed headrests for the front seats, map pocket on the co-driver seat back, dual tone interior and blinkers on door mirrors.
November 1, 2013 |
NEW DELHI: Country's largest carmaker Maruti Suzuki India (MSI) today reported 1.91 per cent increase in total sales for October at 1,05,087 units as against 1,03,108 in the same month last year. The company said its domestic sales increased marginally during the month to 96,062 units as against 96,002 vehicles in October last year. Sales in mini-car segment, including M800, Alto, A-Star and WagonR, declined by 6.8 per cent to 39,379 units as compared to 42,233 in the year-ago month, MSI said in a statement.
June 5, 2013 |
NEW DELHI: The Swift DZire has become India's best-selling car, ending the Alto's long stint at the top, a development that signals the preference of Indian consumers for a slightly larger car even at the entry level. The small compact sedan from the Maruti Suzuki stable outsold sibling Alto, a hatchback powered by an 800cc engine, by 854 units in May. The surge in sales of the DZire,which is much costlier than the Alto, is likely to boost the profitability and margin of Maruti Suzuki.
May 22, 2013 |
NEW DELHI: Maruti Suzuki's Swift Dzire may have been launched as an offshoot to hatchback Swift, but last month it overtook its sibling for the first time to become the country's second-highest sold car after Alto. The compact sedan, with sales of 19,446 units in April, lost out the top slot to Alto â€" India's largest-selling car for a decade now â€" by just 400 units (see graphic), that too in a month when what most experts consider Dzire's toughest rival yet, Honda Amaze, was launched.
April 27, 2013 |
MUMBAI: Maruti Suzuki, India's largest carmaker by number of vehicles sold, is organising promos, holding Mileage rallies and other events to take competition head on , especially after the launch of Honda's latest offering, Amaze. A day after Honda launched Amaze, Maruti Suzuki hit back with its limited edition DZire , called Regal, and the company is planning its first major customer-marketing initiative for its compact sedan Dzire â€" Dezirable mileage rally â€" this Sunday simultaneously across 30 cities, including metros, state capitals and tier-II cities like Karnal and Raipur . Over 1,500 customers will drive their DZires, and the top three with best mileage will be declared winners.
April 22, 2013 |
NEW DELHI: Low-cost, compact cars are losing sheen in India as customers switch to premium hatchback and compact sedans over smaller entry-level cars that have long been the bread and butter of Asia's third-largest automotive market. Smaller models like Maruti Alto & Estilo, Tata Nano, GM Spark and Hyundai Santro are on the decline even as bigger models such as Maruti Swift & DZire, Mahindra Bolero, Toyota Innova and Hyundai i20 maintain strong sales traction and are among the top 10 sold models in FY13.
March 8, 2013 |
NEW DELHI: Even in a rallying market, Maruti Suzuki India Ltd slipped over 1 per cent in the afternoon trade on Friday, after ET Now reported that the company has decided to suspend petrol car production at its Gurgaon plant on Saturday to rationalize the inventory of petrol cars. "Diesel cars are also facing slowdown in demand, and the company's dealers have one month of unsold inventory," Sumit Chaturvedi of ET Now reported. At 12:40 pm, the stock was trading 1.3 per cent lower at Rs 1431.90.
December 28, 2012 |
NEW DELHI: Maruti Suzuki India , the nation's biggest carmaker by volume, is considering setting up its first overseas assembly plant in Africa as it seeks to revive flagging exports. The New Delhi-based company is scouting for new export markets and Africa is more or less untouched, Chairman RC Bhargava said in an interview. Countries that are on the cusp of motorisation may be key to Maruti's plan of doubling exports in the next four years as Europe struggles to recover from a slowdown, according to Mayank Pareek, head of sales.


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Digital TV News: MediaWorks
Freeview NZ on demand platform available via OTT STB
Jun 5, 2019 – Freeview New Zealand's On Demand platform is now available on the recently released Freeview streaming device (DISH TV SmartVU X). SmartVU X is a tiny gadget that connects to almost any TV and streams Freeview Live TV over the internet.
News categories: Freeview NZ, Jason Foden, Apps, Digital TV, New Zealand, OTT, Set Top Box
Liberty Global selects Cadent's addressable TV ad platform
Dec 4, 2018 – Cadent's addressable TV advertising platform has been selected by Liberty Global. The platform will enable Liberty Global to deliver different targeted ads to households during the same program on behalf of broadcasters and content providers.
News categories: Cadent, Liberty Global, Nick Troiano, Advertising, Cable TV, Digital TV, Mobile, Set Top Box, Worldwide
Freeview NZ rolls out new On Demand experience
Jul 4, 2018 – Freeview New Zealand has commenced roll-out of a new On Demand TV Platform to replace the existing FreeviewPlus service. The new Freeview On Demand provides a more seamless experience and easier access to shows and movies.
News categories: Freeview NZ, Jason Foden, Digital TV, New Zealand, UX
Comviva adds Sacom's MENA content to its Mooditt Digital Store
Jan 22, 2018 – Mahindra Comviva has announced that it has entered into a partnership with Sacom Mediaworks, a content aggregator in Middle East & Africa. The tie-up will provide Mooditt Digital Store, Comviva’s digital marketplace for content, with a broader range of VOD content.
News categories: Comviva, Sacom Mediaworks, Atul Madan, Dinesh Gupta, Content Distribution, Digital TV, Middle-East
Cross MediaWorks and 605 standardize campaign measurement and advanced analytics
Jan 18, 2018 – Cross MediaWorks and 605 have announced that they have partnered to provide a measurement standard to help scale the addressable TV marketplace. The solution will also enable verification of performance for impressions-based TV campaigns.
News categories: Cross MediaWorks, 605, Nick Troiano, Ben Tatta, Advertising, Big Data, Digital TV, USA
Cross MediaWorks Launches one2one Media
Apr 3, 2017 – Cross MediaWorks has announced that it has launched one2one Media. This new company will provide a neutral and scalable addressable video business for agencies and advertisers, in partnership with MVPDs.
News categories: one2one Media, Cross MediaWorks, Lee Equity Partners, Michael Bologna, Jamie Power, Nick Troiano, Barry Baker, Advertising, Private Equity, USA
Golden Brick to acquire non-TV parts of Opera's consumer business
Jul 18, 2016 – Opera and Golden Brick Capital Private Equity Fund I have entered into a share purchase agreement to acquire certain parts of Opera's consumer business. Opera Mediaworks, Opera Apps & Games and Opera TV are not included in the transaction.
News categories: Opera Software, Golden Brick, Middleware, MnA, Worldwide
Opera TV provides end-to-end OTT app generator for broadcasters
Jul 14, 2016 – Opera TV has announced the launch of the latest update to its TV app technology, Opera TV Snap 3.0. The latest version brings a complete end-to-end over-the-top (OTT) app generator for broadcasters, content providers, and video on demand (VOD) services.
News categories: Opera Software, Aneesh Rajaram, Apps, Content Distribution, Digital TV, OTT, Worldwide
Freeview NZ extends FreeviewPlus to satellite
Apr 21, 2016 – Freeview New Zealand rolls out FreeviewPlus on their satellite platform. Available since July 2015 to those living in Freeview|HD coverage areas, and requiring a UHF aerial, FreeviewPlus can now also be accessed via satellite dish.
News categories: Freeview NZ, Sam Irvine, Digital TV, New Zealand, Satellite, Set Top Box, Smart TV, Terrestrial
- NBC/Telemundo and NBC Sports offer local TV attribution with TVSquared
- DISH Media taps FreeWheel for both traditional and addressable linear TV
- Comcast and NuEyes enable customers with visual disabilities to see TV with Smartglasses
- Kantar to continue delivering TV trading currency in Israel
- TiVo chooses SpotX for monetization of CTV ad inventory
- SiTune introduces TV tuner for mobile ATSC 3.0 and 5G Broadcast
- Tappx to develop programmatic Server-Side Ad Insertion platform for TV
- TV Analytics market to grow to $655.4 million by 2025
- Telefónica moves RTVE video and radio content to HOTBIRD at 13°E
- VIZIO launches Direct Advertising business
- US media players get on AVOD bandwagon as market revenue soars
- Tru Optik partners with JamLoop for audience targeting on OTT/CTV
- Nordics lose a generation of viewers
- Hotstar releases India Watch Report 2019
- Juniper Research makes Top Ten Tech Predictions for 2020
- A1 Telekom partners with Vubiquity for TVOD launch in Bulgaria
- Strategy Analytics makes Media & Entertainment predictions for 2020
- Undertone and TVadSync create cross-platform TV targeting engine
- Global advertisers to increase adspend by 4.3% in 2020
- Amino and 24i to evolve Youfone's TV offering


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Late on Thursday, India banned the exports of ventilators, certain kinds of masks, and textile raw materials for masks and coveralls, to prevent shortage of these in India. But for manufacturing the ventilators locally, companies said they needed imported components.
ET spoke to several companies that supply ventilators to private and government hospitals. They said there was already a supply disruption due to shutdowns at component makers based out of Europe and China and that the ban on international flights would add to the strain.
Mumbai-based Median Healthcare, a manufacturer, had placed an order for LCD screens used in ventilators that were due to arrive next week. It is worried that the ban would affect the arrival of the consignment and that it would not be able to meet the demand of customers that had placed orders.
“We are in trouble. I have 25 units that needs to be assembled, but I do not have the parts required for its functioning. Without those parts, my order is incomplete,” managing director Nikunj Gada said. Gada said he has had enquiries for over 200 ventilators from various government district hospitals, but he couldn’t meet their demand because there were no stocks. Even sourcing these from abroad is becoming difficult as most international manufacturers are saying no delivery can take place in next 60 days, Gada told ET. In India, more than 15,000 people so far have been tested for Covid-19. On Thursday the number of those tested positive was around 170, out of which 19 had recovered. If the number of critical cases goes up, India’s capacity to handle those who need respiratory support will be stretched.
According to rough estimates, there are about 30,000 ventilators in India — every state has a different number. Lifeline Biz MD Vineet Acharya said the ratio of ventilators per ICU was low in the country. “The ventilator crisis will come up if and when India reaches the number as Italy’s,” Acharya said. “Let’s hope we don’t reach the Italy numbers, because then we are in big trouble.”
In Mumbai, which has seen the highest number of Covid-19 cases in India, the Kasturba Hospital that is treating patients has only four ventilators.
There is a shortage of equipment in Mumbai as new procurements from the civic corporation hasn’t happened in the last few years, said a manufacturer who did not wish to be named.
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Editor's Note: Ernie's paid-up Biotech Insider Alert subscribers just got a recommendation to play a tiny, $25 million company that's poised to conquer a disease that kills a retiree every 10 minutes on average. But… there are lots of promising biotech stocks out there. Ernie does the legwork for his readers every week, but you can use this strategy to track down winners, too…
When you're evaluating a biotech, or even a full-fledged pharmaceutical company, you'll want to look at its product pipeline, upcoming catalysts, and financial indicators.
But the most important asset it possesses, the heartbeat that drives everything else, is its intellectual property (patent) portfolio…
That's what will make it attractive for acquisition, merger, or licensing deals.
And it's what protects its products from marauding generic drug manufacturers, who will produce copycat therapies and sell them at cutthroat prices.
For a drug development company, that spells disaster.
When a drug goes generic, it's not unusual for the original brand manufacturer's market share to drop more than 40%…
The Government Changed the Playing Field
Like other manufacturing companies, drug producers protect their products through trade secrets, trademarks, and patents. A new drug patent lasts for 20 years, but that number is deceiving.
In order to ensure the safety of a new drug's design (or a "non-obvious" change in a manufacturing process or improvement to an older drug), the maker will generally apply for a patent at the beginning of clinical trials. On average, it takes eight years for the drug to get from there to market, presuming it survives the regulatory gauntlet, and cancer drugs take even longer – 12 years or more.
That means branding companies can find themselves out in the cold after fewer than eight years. In fact, some patents have expired before clinical trials ended!
A lot of the risk here comes from a law sponsored by Senators Orin Hatch and Henry A. Waxman that passed Congress in 1984: The Drug Price Competition and Term Restoration Act, better known as the Hatch-Waxman Act.
The law introduced more competition into the pharmaceutical marketplace by allowing knock-off producers to skip the usual requirement of running clinical trials to prove their meds safe and effective. Instead of the usual new drug application (NDA), they would be allowed to submit an abbreviated NDA (ANDA) and prove only that their product was "bioequivalent" to an existing drug whose safety and efficacy had already been demonstrated.
The FDA defines bioequivalence as "…the absence of a significant difference in the rate and extent to which the active ingredient or active moiety [part of a drug or molecule-Ed.] in pharmaceutical equivalents or pharmaceutical alternatives becomes available at the site of drug action when administered at the same molar dose under similar conditions in an appropriately designed study."
To say the least, the new law put big pharma companies under the gun.
To be fair, the law also levied strict limits on when generic companies could make their move. They had to wait until a brand drug's patent protection expired, or until 30 months had elapsed after a patent had been declared invalid by the FDA. Hatch-Waxman also allowed brand manufacturers to apply for patent extensions, which could last up to three years.
A (Perceived) Challenge Can Hammer a Stock
The generic manufacturers, naturally, saw that word "invalid" and recognized a golden opportunity. They found that if they challenged an existing patent, often the patent wouldn't hold up under review. So it made sense for them to take legal action wherever and whenever they could.
That fact created a new negative catalyst: Just the whiff of a suggestion that patent litigation might be on the horizon can send a stock plummeting.
About the Author
Ernie Tremblay has more than 25 years of experience in following and analyzing the latest developments in health, medicine, and related technologies. He understands the FDA approval process, as well as the "hard science" behind new, experimental drugs and the market demand for them - and has a comprehensive grasp of the complex dynamics that determine whether a new drug will be a breakthrough winner, or just another casualty of the FDA approval process.


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Teachers Retirement System of The State of Kentucky Has $551,000 Position in LendingTree, Inc. (TREE)
Teachers Retirement System of The State of Kentucky maintained its position in LendingTree, Inc. (NASDAQ:TREE) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,200 shares of the financial services provider’s stock at the end of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in LendingTree were worth $551,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of TREE. Meeder Asset Management Inc. lifted its holdings in LendingTree by 2,685.7% during the second quarter. Meeder Asset Management Inc. now owns 780 shares of the financial services provider’s stock worth $135,000 after buying an additional 752 shares during the period. SG Americas Securities LLC purchased a new stake in LendingTree during the second quarter worth $148,000. BNP Paribas Arbitrage SA lifted its holdings in LendingTree by 14.3% during the first quarter. BNP Paribas Arbitrage SA now owns 1,339 shares of the financial services provider’s stock worth $168,000 after buying an additional 168 shares during the period. Invictus RG purchased a new stake in LendingTree during the first quarter worth $179,000. Finally, Seven Eight Capital LP purchased a new stake in LendingTree during the second quarter worth $207,000. Institutional investors own 72.07% of the company’s stock.
A number of analysts have weighed in on the company. William Blair assumed coverage on LendingTree in a report on Wednesday, June 21st. They set an “outperform” rating and a $173.00 target price for the company. Stephens reiterated an “overweight” rating and set a $250.00 price objective (up previously from $200.00) on shares of LendingTree in a report on Sunday, July 30th. Royal Bank Of Canada increased their price objective on LendingTree from $160.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 28th. Needham & Company LLC reiterated a “buy” rating and set a $250.00 price objective (up previously from $200.00) on shares of LendingTree in a report on Thursday, July 27th. Finally, Northland Securities reiterated a “buy” rating and set a $150.00 price objective on shares of LendingTree in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $203.70.
In related news, Director Steven Ozonian sold 2,850 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $223.05, for a total value of $635,692.50. Following the completion of the sale, the director now directly owns 14,029 shares of the company’s stock, valued at $3,129,168.45. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Douglas R. Lebda sold 4,000 shares of the business’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $258.68, for a total transaction of $1,034,720.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,850 shares of company stock valued at $2,124,213. Insiders own 21.90% of the company’s stock.
Shares of LendingTree, Inc. (TREE) opened at 238.45 on Thursday. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of 111.32 and a beta of 1.56. LendingTree, Inc. has a one year low of $75.05 and a one year high of $262.55. The stock’s 50 day moving average price is $241.48 and its 200 day moving average price is $189.47.
LendingTree (NASDAQ:TREE) last issued its earnings results on Thursday, July 27th. The financial services provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.17. The firm had revenue of $152.80 million during the quarter, compared to the consensus estimate of $135.48 million. LendingTree had a net margin of 5.85% and a return on equity of 17.01%. The company’s revenue was up 62.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 earnings per share. Analysts forecast that LendingTree, Inc. will post $3.82 earnings per share for the current year.
LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.
Want to see what other hedge funds are holding TREE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LendingTree, Inc. (NASDAQ:TREE).
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UK retailers have cautioned of the mounting danger of shop terminations and occupation misfortunes the nation over after shopper spending plunged to record lows in April since practically identical records started as the coronavirus lockdown grabbed hold.
Mirroring the effect of lockdown gauges the nation over, the UK Retailer Consortium said deals fell 19.1% a month ago contrasted and April a year ago, in the steepest drop since the exchange body for high road and online shops began recording deals in January 1995.
After Boris Johnson reported designs to keep most shops shut until in any event June, the figures indicated shopper spending on things other than food – at stores, for example, style outlets, furniture and gem retailers – fallen by in excess of a third in the course of recent months.
With a great part of the high road shut down until in any event the late-spring, Helen Dickinson, CEO of the BRC, cautioned UK retailers might be compelled to close – undermining occupations and hurting neighborhood networks – without proceeded with government suppor.
She included: “Monday’s recuperation technique was an open door missed to give a reasonable and itemized guide, sketching out when and how shops will revive after 1 June, with the goal that retail can help get the economy going and the general population can get all the merchandise they need.”
In spite of the sharp decrease in high road spending, the figures uncovered a blast in deals on the web and for fundamental stores that stayed open. Barring shops that have been compelled to close, purchaser spending expanded by 5.7%.
Mirroring an accumulating flood at the beginning of the emergency in March, food deals expanded over the three months to April by 6%. Online deals barring food things expanded by 57.9% in April, altogether over the normal yearly development pace of 8.5%.
Figuring hardware, family unit contraptions, just as toys and infant gear were among the merchandise sought after. With the nation to a great extent bound to remaining at home during the wellbeing crisis, customers additionally hurried to purchase games reassures, bikes, sewing and sewing merchandise and office gear for working at home.
Dickinson said the coronavirus flare-up had quickened the pattern for customers to progressively buy products and enterprises on the web. “Almost certainly, as the lockdown wears on, these new shopping propensities will turn out to be progressively settled in for some customers.” Separate figures from Barclaycard, which handles practically 50% of all credit and check card exchanges as Britain’s greatest Mastercard supplier, showed deals fallen by 36.5% in April contrasted and a year sooner.
The figures likewise uncovered a sensational upswing in looking for food at grocery stores as more Britons arranged dinners at home, with deals moving by 14.3%. In a potential indication of protracted lines at large retail outlets and trouble getting openings for online conveyance, the figures likewise demonstrated pro food and drink stores – including off licenses, greengrocers and autonomous accommodation stores – recorded a practically 40% ascent in deals, as customers kept on supporting nearby organizations. Internet spending on home improvement and DIY likewise expanded by a quarter.
As indicated by a review of 2,000 grown-ups directed for Barclaycard, just about nine out of 10 said they had gotten a good deal on regular costs since lockdown started. Be that as it may, certainty over employer stability dropped pointedly to 42%.
Esme Harwood, chief at Barclaycard, stated: “It’s been an extreme time for UK retailers as customer spending has dropped impressively under lockdown. There are some brilliant spots, however, as Brits have turned their center on the web and looked to takeaways, advanced memberships and DIY to keep engaged and involved.
Source Of News:www.theguardian.com


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You have searched for: Auroville
- Auroville bazaar: Produce of experiment in unity
It is difficult to imagine a school dropout with barely any idea about the Tuscan coast making one of the finest pesto sauces, but that is what Naturellement in Auroville is known for.
- Auroville startup looks to reduce single-use plastic
A startup, amrutDhara, in Auroville is working to reduce the use of single-use water bottles.It developed a modular vending machine, which would dispense clean drinking water in public spaces.
- 450km walk for Pondy, Auroville fair trade towns
The call for making the Union territory of Puducherry and Auroville fair trade twin towns has started gathering momentum and organisations, entrepreneurs and activists advocating fair trade practices organised a 450-km walk by activist Pushpanath Krishnamurthy to garner support and create awareness among the all sections of people on fair trade practices.


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The crypto market is inundated with investment opportunities all year round but few moments favor investments more than bull seasons. A crypto bull season presents unique profit opportunities and investors take advantage of these opportunities to aggressively invest in promising coins.
In addition, during a bull season, the value of most coins will appreciate, allowing investors who hodl to profit from their investment. An excellent example of how this works is Solana (SOL), which traded at an average price of $27.14 in 2023. Today, Solana (SOL) is worth $193.60.
As the crypto market steps into another bull season, it seems advantageous for coins like Pushd (PUSHD), which is in the sixth stage of its presale. Being singled out for a 100X increase is only the icing on Pushd’s (PUSHD) cake.
Solana (SOL) Hits 40% Gain In February, Trades $193.60
Solana (SOL) has shown remarkable resilience and growth in the past four weeks. As the ripples of the bull season trickled to coins beyond Bitcoin (BTC), Ethereum (ETH) & Solana (SOL) got caught in the wave.
But four weeks ago wasn’t the beginning of SOL revival. For the past year, Solana (SOL) has slowly built its value from $20 to $193.60, thereby recording more than 600% gains. For context, only a handful of crypto coins, including Bitcoin (BTC), have attained such a feat.
In light of SOL building itself back up, Solana (SOL) investors have diversified their investment portfolios to include innovative projects. One of the projects high on the list is Pushd (PUSHD).
Pushd (PUSHD) Compared To PayPal Sets E-commerce Presale To 100X, Solana (SOL) Investors Interested In Purchasing Early Positions
Pushd (PUSHD) is a new ecommerce project on the market that offers a decentralized option to the traditional versions of e-commerce stores like Amazon or eBay. This project is the first decentralized ecommerce digital store in the market and it is already difficult to beat.
Aside from the e-commerce side of the project, Pushd (PUSHD) has also included a financial component that facilitates the financial activities of both sellers and buyers. What does this entail?
With Pushd (PUSHD), sellers don’t have to wait as much as 90 days for their pay to be released even after selling the product. They can instantly withdraw and deposit funds when they need to.
This financial component is a huge part of Pushd’s (PUSHD) selling point and is the reason why people are comparing Pushd (PUSHD) to PayPal, except that Pushd (PUSHD) comes off as a decentralized better version with lower fees and immediate transactions.
All this talk about Pushd (PUSHD) and PayPal has driven up the market value of this token and analysts are forecasting a 100X presale gain. This estimate has sent investors scrambling to secure an early position in the sixth stage of Pushd’s (PUSHD) presale.
To find out more about Pushd (PUSHD), please visit the website here.


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Windows Central Podcast 230: Windows 11 leaks, and E3 happened
On this episode of the Windows Central Podcast: Windows 11 leaks early! And E3 happened!
We're back with another exciting episode of the Windows Central Podcast, and this week, thanks to the leak of an early build, we know even more about Windows 11 in advance of its official unveiling on June 24. But as Dan and Zac discuss, the build is not feature complete — so it isn't fully representative of what to expect when the software is released later this year. They also talk about a couple new laptops and Xbox news from E3 2021. Check it out!
This episode of the Windows Central Podcast was recorded on June 18th 2021.
- Windows 11: Release date, price, and everything you need to know | Windows Central
- The Blade 14 is Razer's first laptop with a powerful AMD Ryzen processor — and it's awesome | Windows Central
- Samsung and Qualcomm announce Galaxy Book Go and Galaxy Book Go 5G, starting at $349 | Windows Central
- Gaming | Windows Central
Subscribe to the podcast
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Get the best of Windows Central in your inbox, every day!
Zac Bowden is a Senior Editor at Windows Central. Bringing you exclusive coverage into the world of Windows on PCs, tablets, phones, and more. Also an avid collector of rare Microsoft prototype devices! Keep in touch on Twitter: @zacbowden.


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It isn’t easy going in the restaurant world these days, especially for some of the largest chains whose efforts to adapt to a new world is more like turning around a cargo ship than deftly changing course in a speedboat. Put simply, as big brands continue to struggle, expect to see even greater interest in delivery, catering and other off-premises channels that are becoming key to maintaining (let alone growing) customer traffic.
Bloomberg’s year-end story about ongoing struggles in the chain restaurant world has gotten a lot of play and retweets in the restaurant industry, and it’s easy to see why. Food costs and wages are rising, large-format restaurants continue to struggle in light of smaller, newer fast-casual upstarts, much-hyped food halls tend to focus on independent chefs and headwinds have never appeared on so many fronts at once.
The story notes two brands that have been standouts, Domino’s, which has been a Wall Street darling for years and Chipotle, which started its own in-house delivery program amid its ongoing recovery from a three-year streak of food safety issues that caused blood to run cold for countless restaurant executives.
As the economy has begun to stumble, enough that talk of recession is now a daily buzz, there is no magic bullet coming to save the restaurant world. Wage growth remains soft at best, interest costs are straining the auto and home markets, consumer confidence has fallen from recent heights and adding delivery isn’t easy if your goal is turning a profit on each order—even if check averages are almost universally higher for delivered orders.
Despite off-the-record warnings that certain third-party delivery brands were nearing the end of their investor runways, cash flowing into big delivery brands has only increased in the last year. There remains significant churn in the food on demand industry, both in M&A and innovation in things like ghost kitchens and new-age catering services.
Every one of these delivery and catering providers have their own niche, however finely differentiated. Brands will rise and fall, there will be more surprising acquisitions and partnerships, like Yum Brands investing in Grubhub, presumably in an effort to get its hands on the much-hailed customer data it collects.
We don’t know how chain restaurants will fare in the coming year, but there’s no doubt that delivery will continue to be a significant portion of earnings calls in the 12 months to come. Looking at my own life, it’s safe to say I’ll be busy trying to keep up, which will likely push me right into the warm, comfortable hands of delivery brands willing to make my life a little easier, even if it adds to the already full plates of war-weary restaurant execs.


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NEW YORK, May 26, 2016 /PRNewswire/ -- Signaling an evolution and expansion of services to include creative, interactive, identity and social, Nutmeg Post has rebranded as Nutmeg, a creative marketing, production and post resource. With the expanded portfolio of services, Nutmeg now develops advertising, promotional and original content from concept through production to ultimate completion. Nutmeg's new mantra reflects the company's ethos: Inspire desire. Get creative. Make your brand new. We empower agencies, networks and brands to be fashionably great.
"The new brand represents the future," says Nutmeg Managing Director Jon Adelman. "We've always been known for our creative expertise. Those services have grown, matured and proven so successful that we are now a full-fledged creative partner."
The expanded service offerings are a natural progression, says Executive Producer Laura Vick, a response to industry trends. "We are now a total creative solution," she says. "Because the market demands it."
Founded in 1979, Nutmeg has thrived for 37 years in an industry defined by change due to an ability to intuit market demand and evolve accordingly. Leading Nutmeg's new creative and interactive initiatives are Creative Director Dave Rogan, an award-winning industry vet with two decades of broadcast, digital, packaging, print and corporate branding experience, and Interactive Executive Producer David Buivid, a seasoned digital marketing strategist who has guided the creation of award-winning work in entertainment, consumer packaged goods, B2B and technology verticals.
"Nutmeg is known for our post work," says Rogan, "but we are so much more now, with agency-grade creative development, production and interactive, along with all aspects of post production."
That approach, he says, offers definite advantages and sets Nutmeg apart.
"Engaging us at the planning phase sets in motion a seamless workflow that often saves time and money and presents an opportunity to inform the creative project objectives with our experience and insight from a marketing standpoint."
Buivid echoes Rogan's sentiments.
"Our interactive and brand services allow us to have a seat at the table when our partners and clients have ideas in the development phase," he says. "Our perspective helps shape creative execution before a single frame is captured or even storyboarded. We make the big picture even bigger, offering omnichannel solutions and engagement."
For proof of concept, one need look no further than Nutmeg's new fully-customized website which not only showcases Nutmeg's rebrand and recent creative work but serves as an interactive and design portfolio piece in its own right. Credit Nutmeg's new interactive group, led by designer Aviva Buivid, for distilling the brand's friendly yet fearless personality into a striking logo, icon and palette and extending the brand's attributes into a sleek and stylish website.
For Nutmeg founder and owner Tony Spaneo, the new brand embodies the element that has always distinguished Nutmeg.
"We've evolved—from audio, to audio/video, to creative and interactive—and we'll continue to evolve," he says. "In a sense, Nutmeg is always new."
Director of Marketing
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nutmeg-post-expands-and-rebrands-as-nutmeg-a-creative-marketing-production-and-post-resource-300275697.html


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Chicago Couple’s Business Data Held For Ransom
Imagine being locked out of your computer by a hacker. And all your data is being held for ransom. Cases like this are on the rise. NBC 5’s Sabrina Santucci has the story of one Chicago couple, and the cyber attack on their business.


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GlaxoSmithKline Pharmaceuticals Limited announces results for the quarter ended June 30, 2021
GlaxoSmithKline Pharmaceuticals Limited delivers 19% revenue growth for the quarter ended June 30, 2021
Decides to transfer lodex and Ostocalcium brand rights to GSK Asia (consumer entity) for Rs 1649 crores
GlaxoSrnithircline Pharmaceuticals Limited today declared its financial results for the quarter ended June 30, 2021. Revenue for the quarter came in at Rs 773 crores recording a growth of 19%. Profit Before Tax for the quarter at Rs.164 crores recorded a growth of 10%.
The company also announced its decision to transfer its rights in relation to the lodex and Ostocalcium brands to GlaxoSmithKline Asia Private Limited, subject to shareholder approval, for an aggregate consideration of Rs 1649 crores.
Commenting on the results, Sridhar Venkatesh, Managing Director, GlaxoSmithkline Pharmaceuticals Limited, said, "We continue to show remarkable resilience and deliver growth despite the headwinds caused by the COVID-19 pandemic. Our pharmaceutical manufacturing team worked round the clock to fulfill significantly increased demand for our key brands, especially for Ca/poi (paracetamol). This effort ensured that patients continued to have access to this important medication during the pandemic. While our vaccines business was impacted due to low vaccination rates, many of our key brands witnessed strong growth fuelled by disciplined execution, enhanced digital capabilities and agility in the market resulting in market share gains."
Commenting on the transfer of brand rights, Mr. Venkatesh added, "As part of our parent GSK plc's new ambition to create two world class companies in Pharmaceuticals and Consumer Healthcare, we have decided to transfer our rights in relation to the lodex and Ostocalcium brands to GlaxoSmithKline Asia Private Limited. The transaction is expected to be completed before the end of the year, subject to shareholder approval and the customary closing conditions, including relevant regulatory approvals.
About GlaxoSmithKline Pharmaceuticals Limited
GlaxoSmithKline Pharmaceuticals Limited is a subsidiary of GlaxoSmithKline plc, one of the world's leading research-
based pharmaceutical and healthcare companies, committed to improving the quality of human life by enabling
people to do more, feel better and live longer. For more information, visit www.gsk-india.com
Communications & Government Affairs


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Recently, I’ve been watching a TV show called “Man Vs Food”. After watching the first season, I’ve learned 2 things: 1. There’s way too much food in the United States and 2. Getting greedy always causes problems. Setting a highly ambitious target only to figure out you’ve set the bar too high is embarrassing. But if you have a big enough stomach or a big enough ego, you can succeed. I suspect Martin Winterkorn has the latter.
Automotive News reports that Herr Winterkorn acknowledges that overtaking Toyota as number car maker in the world by 2018 is such a big challenge that he’s willing to stick around to the bitter end. “We know how ambitious our goals are,” said Herr Winterkorn in Der Spiegel (German newsmagazine), “All this won’t happen automatically.” And he’s not wrong. Volkswagen still has to absorb Porsche and establish ground rules with Suzuki. But Winterkorn set the goal and, to his credit, wants to see it through. The article goes on to say that he enjoys his role and that “(he) would not object to carrying on if the supervisory board should so wish” (Martin Winterkorn’s words). German weekly Focus, claims that VW is planning to extend Winterkorn’s contract for four more year to 2015. Even VW labor chief and deputy chair of the supervisory board, Bernd Osterloh said “our chief executive officer has advanced the company in every respect.” Well, with that kind of credit, consider the contract as signed.
You can tell Martin Winterkorn is an engineer at heart and not a “numbers” guy. Because if he was a numbers guy, he could have turned VW into the world’s biggest car maker overnight. Just simply add Suzuki’s sales figures onto Volkswagen’s and before you can say “Die Zahlen sind nicht richtig,” Volkswagen has reached their goal. Or maybe Suzuki is play too hard to get?
Now for the highly unusual part: Our resident VW insider, the BS, reports that Volkswagen CEO are known to set ambitious long term plans so far out that they need to be reached long after their retirement. That way, the poor next guy will have to reach it. He’s no dummy, and he sets another long term goal, to be reached when he’s 70. Everybody goes “pheww” and is glad that the old wacko goal is forgotten. What’s going on this time?


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Senators Richard Blumenthal (D-Conn.), Ed Markey (D-Mass.), and Josh Hawley (R-Mo.) are demanding answers from Facebook on its research project that incentivized teens and others to give up info (Project Atlas) and calling on Apple and Google to "do more to protect their customers from intrusive monitoring practices."
That came against the background of a House Communications Subcommittee hearing where some legislators and ISPs were calling for new net neutrality regulations to be applied to edge providers like Google and Apple given issues like privacy and data sharing.
They were reacting to a TechCrunch report that Facebook had offered teens money for giving up personal information including communications, web histories and photos.
Markey earlier in the week called Facebook to cut it out and called for boosting online protections for teens.
Facebook had had no comment on that Markey statement, but did weigh in on the TechCrunch story that prompted it. “Key facts about this market research program are being ignored," a company spokesperson said. "Despite early reports, there was nothing 'secret' about this; it was literally called the Facebook Research App. It wasn't 'spying' as all of the people who signed up to participate went through a clear on-boarding process asking for their permission and were paid to participate. Finally, less than 5% of the people who chose to participate in this market research program were teens. All of them with signed parental consent forms.”
A Facebook source said it plans to end the market research program on Apple's app store and that it wasn't meant to replace Onavo, which was removed from the app store last year.
Thursday's letter to Facebook CEO Mark Zuckerberg sought the answers to the following questions:
- "When did Project Atlas begin and how many individuals have participated in the program? How many of those participants were under 18?
- Did Facebook or its partners specifically target teenagers with advertisements at any point in the research program? Did it provide referral payments targeted specifically to recruit teenagers?
- Why did Facebook use a less strict mechanism for verifying parental consent than is required for Messenger Kids or Global Data Protection Regulation (GDPR) compliance?
- What specific types of data was collected (e.g. device identifers, usage of specific applications, content of messages, friends lists, location, et al.)?
- Did Facebook use the root certificate installed on a participant device by the Project Atlas app to decrypt and inspect encrypted web traffic? Did this monitoring include analysis or retention of application-layer content?
- For what specific purposes was the app usage or collected internet traffic used, and for how long was this data retained?
- Were app usage data or communications content collected by Project Atlas ever reviewed by or available to Facebook personnel or employees of Facebook partners?
- Given that Project Atlas acknowledged the collection of “data about [users’] activities and content within those apps,” did Facebook ever collect or retain the private messages, photos, or other communications sent or received over non-Facebook products?
- Did Facebook collect or retain communications sent to participants’ devices in the Project Atlas program? If so, did it obtain consent to store personal data from those third parties?
- Has Facebook ever used traffic information collected from Onavo or Project Atlas to monitor the adoption or popularity of non-Facebook products or services? Has the data from either ever informed Facebook’s acquisition decisions regarding such products or services?
- Why did Facebook bypass Apple’s app review? Has Facebook bypassed the App Store approval processing using enterprise certificates for any other app that was used for non-internal purposes? If so, please list and describe those apps.
- In light of recent invasions of children’s and teens’ privacy, including those described above, would Facebook support federal legislation to create new privacy safeguards for children and teens online?"
The letter follows one last week from Markey and Blumenthal to Facebook "demanding" information about what they said was evidence that the company knowingly manipulated children into spending their parent's money on in-app purchases during gaming.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.


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UPS and Teamsters point fingers over alleged contract negotiations walkout
Negotiations between UPS and the International Brotherhood of Teamsters broke down early Wednesday, increasing the likelihood of a strike just weeks before their contract is set to expire.
Marathon negotiations that stretched through the July 4 holiday ended with each side accusing the other of abandoning the effort.
In a statement, the union said UPS walked away from the table around 4 a.m. after refusing to make a “last, best, and final offer,” and saying it had “nothing more to give.” The company’s offer had been rejected by the union’s bargaining committee.
“This multibillion-dollar corporation has plenty to give American workers — they just don’t want to,” Teamsters general president Sean O’Brien said in a statement. “UPS had a choice to make, and they have clearly chosen to go down the wrong road.”
But UPS contends the Teamsters “stopped negotiating,” pointing out that there is still nearly a month left to iron out a deal.
“We have not walked away, and the union has a responsibility to remain at the table,” the company said in an unsigned statement.
It’s the latest labor dispute to threaten a pillar of the nation’s transportation and ecosystem. A nearly year-long dispute over pay and automation led to intermittent shutdowns earlier this year at several West Coast ports, even though workers were never officially on strike, disrupting trade pathways from Asia. President Biden had to personally intervene to avert a walkout among railway workers last year.


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Shoplifting gangs stealing €155,000 of goods an hour
SHOPLIFTERS will pocket €155,000 worth of goods every hour between now and Christmas.
There has been a surge in thefts of luxury goods including designer clothing, expensive toiletries and toys this year.
Shoplifting will cost retailers €220m this year, with €44m of goods being stolen at Christmas alone, the Irish Small and Medium Enterprises Association said.
"This cost does not take into account the amount spent on security, which adds hundreds of millions on to the cost for retail businesses," said ISME chief executive Mark Fielding.
"It is estimated that shoplifting alone can add up to 3pc to the price of products," he said.
There were also huge indirect costs such as disruption to business, delayed orders, poor staff morale and increased management time to deal with shoplifting incidents.
ISME estimated that over half of all stores across the country would be targeted over the Christmas period. Retailers were twice as likely to be targeted over the festive season than at other times of the year.
There was also a rise in gangs checking out more remote shopping centres in places such as Nenagh and Roscrea, and then sending down a couple of cars to do a quick shoplifting blitz.
"A lot of these people are well known to stores in Dublin so they are turning to more remote outlets where they can go in and out very quickly and hit a load of places," said Mr Fielding.
Their figures were based on an annual crime survey of their members, including retailers.
Alcohol, electronic goods, toiletries, clothes and food were the most common items targeted, with a surge in targeted thefts of luxury brands this year.
Even everyday foodstuffs such as rashers were being taken, said Mr Fielding.
Many criminals see Christmas as the ideal opportunity with large crowds in stores, more stock on shelves and an increase in temporary staff without the experience to identify shoplifters, ISME said.
Shoppers have also been warned to be careful with their handbags, cash and cards.
ISME urged retailers to combat increased crime by good staff training and communications, regular liaison with the gardai, tight stock control and adequate security.
Official statistics for the last two years also show burglary and related offences peaked in the last three months of the year.
A garda press spokesman said they urged people to be vigilant about their home security at this time of year when there was often extra gift items in the house and to beware of bogus callers.


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Huntington National Bank boosted its position in shares of Constellation Brands Inc. (NYSE:STZ) by 197.3% during the second quarter, Holdings Channel reports. The firm owned 177,820 shares of the company’s stock after buying an additional 118,004 shares during the period. Huntington National Bank’s holdings in Constellation Brands were worth $29,412,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of STZ. Invictus RG purchased a new position in Constellation Brands during the first quarter worth about $110,000. Daiwa SB Investments Ltd. purchased a new position in Constellation Brands during the second quarter worth about $134,000. NN Investment Partners Holdings N.V. purchased a new position in Constellation Brands during the first quarter worth about $165,000. Tompkins Financial Corp boosted its position in Constellation Brands by 44.2% in the second quarter. Tompkins Financial Corp now owns 1,110 shares of the company’s stock worth $184,000 after buying an additional 340 shares during the period. Finally, Atria Investments LLC purchased a new position in Constellation Brands during the second quarter worth about $203,000. Institutional investors own 75.05% of the company’s stock.
Shares of Constellation Brands Inc. (NYSE:STZ) traded down 0.89% during trading on Tuesday, reaching $169.71. 1,181,258 shares of the company were exchanged. The stock’s 50-day moving average is $165.79 and its 200-day moving average is $160.75. Constellation Brands Inc. has a 52-week low of $130.23 and a 52-week high of $173.55. The firm has a market cap of $34.12 billion, a price-to-earnings ratio of 29.20 and a beta of 0.63.
Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Wednesday, October 5th. The company reported $1.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.65 by $0.12. The firm earned $2.02 billion during the quarter. Constellation Brands had a net margin of 15.64% and a return on equity of 17.69%. Constellation Brands’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.56 EPS. Equities research analysts predict that Constellation Brands Inc. will post $6.37 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 22nd. Stockholders of record on Tuesday, November 8th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Friday, November 4th. Constellation Brands’s payout ratio is currently 27.49%.
A number of research analysts have recently issued reports on the stock. Pivotal Research reiterated a “buy” rating and issued a $200.00 target price on shares of Constellation Brands in a research note on Thursday, October 6th. Zacks Investment Research upgraded shares of Constellation Brands from a “sell” rating to a “hold” rating and set a $183.00 price objective for the company in a research report on Friday, July 1st. Citigroup Inc. restated a “neutral” rating and issued a $191.00 price objective (up previously from $180.00) on shares of Constellation Brands in a research report on Sunday. Morgan Stanley restated an “overweight” rating and issued a $194.00 price objective (up previously from $191.00) on shares of Constellation Brands in a research report on Saturday. Finally, Credit Suisse Group AG began coverage on shares of Constellation Brands in a research report on Thursday, September 15th. They issued a “neutral” rating and a $178.00 price objective for the company. Five research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $181.25.
In related news, VP Thomas J. Mullin sold 9,516 shares of Constellation Brands stock in a transaction on Thursday, August 25th. The shares were sold at an average price of $166.42, for a total transaction of $1,583,652.72. Following the completion of the transaction, the vice president now owns 88,602 shares of the company’s stock, valued at $14,745,144.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Thomas Michael Kane sold 7,000 shares of Constellation Brands stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $163.26, for a total transaction of $1,142,820.00. Following the transaction, the vice president now directly owns 8,764 shares of the company’s stock, valued at approximately $1,430,810.64. The disclosure for this sale can be found here. Insiders own 10.63% of the company’s stock.
About Constellation Brands
Constellation Brands, Inc is an international beverage alcohol company. The Company is a producer and marketer of beer and wine the United States and Canada. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.
Want to see what other hedge funds are holding STZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Constellation Brands Inc. (NYSE:STZ).
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In a jaw-dropping turn of events, Lia Thomas, the remarkable swimming sensation, has transcended all boundaries with an earth-shattering $15 million deal with Nike. The announcement of this extraordinary partnership has sent reverberations through the very core of the sports universe, leaving athletes, fans, and industry insiders in a state of awe and disbelief.
Thomas, known for her unparalleled talent and groundbreaking achievements in competitive swimming, has now ascended to new heights. The magnitude of the Nike deal, with an astronomical figure of $15 million, defies all expectations and establishes Thomas as a force to be reckoned with in the sports marketing realm.
The shockwaves unleashed by this unprecedented collaboration are felt far and wide. It is an unmistakable testament to Thomas’ exceptional prowess and the immense value she brings to the world of sports. This staggering deal not only empowers Thomas personally but also reshapes the landscape of athlete endorsements and sponsorships, setting a new standard of greatness and redefining what is possible.
As the news reverberates through the sports universe, the impact of Thomas’ groundbreaking deal extends beyond mere financial figures. It inspires aspiring athletes, challenges conventional norms, and opens doors to a future where athletes are not bound by traditional boundaries.
Lia Thomas’ meteoric rise, coupled with the seismic shockwaves created by her groundbreaking $15 million Nike deal, cements her legacy as a game-changer. The world watches in anticipation as Thomas paves the way for a new era, where dreams manifest into reality and barriers are shattered with each stroke, leaving an indelible mark on the realm of sports.


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A nation of wasters! British households throw away £440 of food each year with 25% FORGETTING it's in the fridge
- A tenth of weekly food shop ends up in the garbage every week
- Scots are worst offenders with 13% binning expired food
- One in ten Brits have food in their freezer that's over a year old
- 16% of Brits have no system when it comes to storing their perishables
- Professional de-clutter Vicky Silverthorn has tips on organising the fridge
A quarter of British households throw away food amounting to £437 a year just because it ends up at the back of the fridge and they forget that it's there.
The Scots are the worst offenders, with more than one in ten (13 per cent) finding produce that has gone past its sell-by date.
Those in East Anglia (12 per cent), the North East (11 per cent) and Wales (10 per cent) were equally as bad when it came to wasting food.
A quarter of Brits throw away food amounting to £437 a year because it ends up at the back of their fridges
Almost 10 per cent of the weekly shop ends up getting thrown away - be it leftovers, half eaten lunch packs or food that has gone past its expiration date.
The study by Samsung UK also highlighted that over a quarter (26 per cent) of Brits confess to 'top-up shopping' (buying food every other day), with more than one in five (23 per cent) only deciding what they're going to eat for dinner on the day.
More than one in five (22 per cent) think that a better food organisation system would help to reduce their food wastage.
And nearly a quarter (23 per cent) say that being able to more easily see what they buy once in their fridge freezer would help.
De-cluttered: Introducing more organisation into fridge-freezers may be the answer to reducing food waster
More than one fifth (22 per cent) confess to throwing away food that is more than a week past its sell by date, whilst four per cent have found an item in their fridge that was a year past its expiration date.
People are even more in the dark about the food left in their freezers, with 12 per cent confessing to throwing away an item that was a year past its perishable date.
Professional organiser and de-clutter Vicky Silverthorn, who counts Lily Allen, La Roux and Ed Sheeran among her clients, said that introducing more organisation into fridge-freezers may be the answer to reducing food wastage.
Ms Silverthorn said: 'Whether you're throwing away lunch leftovers or a bottle of milk that has gone out of date, no one likes to waste food.
'A well-designed fridge can instantly help you to stay organised and keep on top of your weekly shop.'
VICKY SILVERTHORN'S TIPS TO DE-CLUTTER YOUR FRIDGE
Professional organiser Vicky Silverthorn
The more visible the food, the more likely you are to use it up: If you can't see it you don't use it. The easier the contents of your fridge are to see, the less likely you are to throw away out-of-date products.
Make notes: Take a mental note of what you end up throwing out each week and make sure you have these products in a more visible place so you don't make the same mistake twice.
Keep the items you use most at the front of the fridge: Having the items you use most to hand as soon as you open the fridge door can make a world of difference.
Store at eye level the food you want to eat most of: If you're trying to eat more healthily, then make sure your fresh fruit and vegetables are the first thing you see when you open the fridge..
Make the most of flexible storage: Remember you can often move your refrigerator shelves up and down. So adjust to suit what you are storing to ensure you don't have any dead space.
More than a third (34 per cent) of Brits have a partial storage system in their fridge freezer, storing bulk items like milk and eggs separately but 16 per cent confess to having no system at all, storing food wherever they find space.
Lana Sanleandro, Head of Marketing, Home Appliances, Samsung UK said; 'Every household in the UK will remember a time when they have found something in the back of their fridge that has gone past its sell-by date.
'In spite of this, there are lots of ways to help reduce our household waste, whether that be through planning meals in advance, stricter trips to the supermarket or rearranging the way we store our food.'
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