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The world’s most expensive home has finally gone on sale – but it can now be bought with a mega cut-price deal.
Nicknamed “The One,” the LA Super Pad spans 100,000 square feet and offers 21 bedrooms, four pools, a bowling alley, and 360-degree views of Southern California from its prime location in Bel-Air.
Other amenities are said to include a beauty salon and a 45-seat IMAX cinema, which has a garage with space for 30 cars.
13 of the 20 bedrooms are in the main house, including the spacious 5,500-foot master suite, which itself is twice as large as the average American home.
There’s also a running track and at least four swimming pools, not counting moats and an indoor spa.
It’s in such an attractive area that neighbors are said to include Friends star Jennifer Aniston and Tesla boss Elon Musk.
But the property, which was initially valued at $500 million, can now be bought in a discounted deal after the owner is in financial trouble.
as reported by CNBC, the property is buried under enormous debt and $165million in debt.
These include L.A. billionaire Don Hankey of Hanky Capital — who owed more than $115 million to Niamey and served them with a default notice in March — and Yogi Securities Holdings who tied up more than $36 million in The One. .
CNBC also reports that the project leaves air conditioning, concrete and tool companies about $1 million in debt.
This means that the Los Angeles County Superior Court would be required to sell the property at a significantly discounted rate.
Ted Lane of Lens Management, who is now asked to add the final touches to the Super Pad, said: “I would love to see that the house is complete, a certificate of occupancy has been provided and we have an arranged sale. which maximizes the value.
“Hopefully, there will be enough proceeds from the sale to fund secured and unsecured creditors and to realize some value for equity.”
Meanwhile, the mouth-watering interior, which sellers hope will attract potential buyers, has been designed by filmmaker-turned-developer Neil Niami, who has worked on the property for more than seven years.
Until recently, the exact layout and specifications were still kept secret, but photos emerged that show the sheer scale of the sprawling house that it hopes to sell to the highest bidder.
Speaking in an interview last year, he said he said he was “ready to test the market” as he set an eye-watering price.
He added: “When you have something that’s as rare as the Mona Lisa, you can order whatever you want for it.”
The previous record for America’s most expensive home is currently a $238 million penthouse in Manhattan bought by hedge fund billionaire Ken Griffin.
Any figure closer to the $500 million would even eclipse reports of a Chinese tycoon paying $275 million for a mega-mansion in Knightsbridge, London, and the world-record $300 million a Saudi prince paid for a French chateau. did.
The architect behind the project is Paul McClellan, a Hollywood designer whose recent clients have included modern princes and princesses of Bel Air, such as bitcoin billionaire Winklevoss twins and style icon Calvin Klein.
But property expert Jonathan Miller said the home’s attractive features actually make it less marketable.
He told Bloomberg last year: “The problem is that the more features you add, the more you personalize the property.
“Even though the intention is to draw attention to the property, you are also personalizing it, which can reduce the size of the market pie.
“It’s a very small, very tight market.”
Previously another Bel-Air super-mansion that was once the most expensive home for sale in America, it proved problematic to move in spite of its grand designs.
The 38,000-square-foot property called Billionaire was listed by developer Bruce Makowski for $250 million but eventually sold for $94 million in October 2019 with a 62 percent cut.
And a prime plot in Beverly Hills called The Mountain – listed for $1 billion despite being undeveloped – sold at auction in 2019 for $100,000.
Another home dubbed America’s most expensive, a palatial Bel-Air estate where the Beverly Hillbillies were filmed, dropped its $350 million asking price to $160 million.
Developer Niamey has previously campaigned using a semi-nude model clad in gold to advertise another L.A. mansion named Opus, which went on sale in 2017 for $100 million.
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October 8, 2009
T-Mobile’s myTouch 3G with a wooden touch
T-Mobile in connection with Guitar maker Fender will be launching a wooden myTouch 3G for the holiday season. It will be named as the T-Mobile myTouch 3G Fender Limited Edition, which is quite a long name for a cell phone, and it is perfect music lovers. The phone features a Limited Edition guitar-inspired wood-grain finish. HTC has also added a 3.5mm headset jack for the phone and also a pre-installed 16GB microSD card and exclusive pre-loaded video and audio clip by iconic musicians in the box.

domain: news


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Pink is the most fashionable color in retail these days. Unfortunately, that’s pink as in pink slips. Ralph Lauren was the latest big brand name consumer company to announce layoffs, saying on Tuesday that it was looking to cut about 1,200 jobs — 8 percent of its full-time workforce.
That news follows recent layoff announcements from Macy’s, Nordstrom and Walmart.
Several other retailers — including Gap, Sears and J.C. Penney — have announced plans to shut stores, which could lead to even more retail employees being let go.
And then there are the bankruptcies. Pacific Sunwear and Aeropostale both filed for Chapter 11 protection in the past few months. And Sports Authority is going out of business.
Much of the pain in retail is due to the upheaval in the apparel industry.
According to data from the U.S. government, nearly 13,000 jobs have been lost at clothing and clothing accessories stores in the past three months. Fast fashion upstarts are making life more difficult for some of the older mall-based stalwarts.
And more than 38,000 job cuts have been announced in the overall retail sector so far this year, according to data from job placement firm Challenger, Gray & Christmas. That’s a nearly 40% increase from this time a year ago.
Only the energy sector has announced more layoffs this year, as low crude prices continue to cause turmoil at oil companies.
Credit Suisse analysts estimated in April that this could be the worst year for retail layoffs since 2010.
Still, there are some bright spots for retail workers.
Furniture and home furnishings retailers have added jobs. So have building material and garden equipment stores.
The strong housing market is the reason for that. Home Depot and Lowe’s both recently reported solid earnings and sales.
Car dealers and auto parts stores are counted as being part of the retail sector by the government too. Those industries have also been adding jobs.
Despite disappointing auto sales last month, retailers like Advance Auto Parts, Autozone and O’Reilly have held up reasonably well.
But the unemployment rate for the retail sector — while down from the beginning of the year — is still 5.4 percent. That’s higher than the overall unemployment rate of 4.7 percent.
This may be yet another sign of the rise of Amazon — and the impact that online/mobile shopping is having on brick-and-mortar retailers in general.
The so-called nonstore retail sector, a group tracked by the government that includes e-commerce, mail order catalogs and TV infomercials, has added nearly 5,000 jobs so far this year.


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The Tesla stock price today (Friday) soared 7% to $247.90 after the company debuted its new car for the masses. The TSLA stock price is now up 29.33% over the last month.
And we see the Tesla stock price climbing much higher than this in the long term. You see, Tesla's new vehicle will put the electric car company "head and shoulders" above its competition in a new $488 billion industry.
Before we get into that, here's some details about Thursday night's highly anticipated launch of the new Tesla Model 3.
In a grand gesture, Tesla Motors Inc. (Nasdaq: TSLA) CEO Elon Musk pulled the cover off the company's fourth vehicle last night. Dubbed the "everyman car" for its $35,000 price tag, the Model 3 sticker price is less than half that of Tesla's other vehicles.
Still, the Model 3 flaunts all the sleekness and sophistication of Tesla's other cars.
At least 20% smaller than the Model S, the Model 3 seats five comfortably. The windshield and back window nearly touch, which makes for an almost complete view of the sky over an occupant's head. The only thing in front of the driver are air-conditioning vents.
The Model 3 will be fitted with Tesla's "autopilot" features, which have helped the car become one of the safest on highways. A rectangular touchpad screen mounted on the dashboard between the front seats is the sole information display. The car's speed is displayed in the upper left corner within easy view of the driver.
And the Model 3 is fast. It is able to go from 0 to 60 mph in less than six seconds. The electric car is expected to get 215 miles on a charge.
"We don't make slow cars," CEO Elon Musk said at the unveiling. "You will not be able to buy a better car for $35,000, or even close, even if you get no options."
Musk said he's "fairly confident" the first Model 3 vehicles will be delivered as planned by late 2017. The Fremont, Calif., factory where Tesla builds its cars used to produce nearly half a million cars annually when it was owned by General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE ADR: TM). So it shouldn't have any trouble meeting Tesla's needs for this third model. Also, Tesla's massive new Nevada Gigafactory should be able to produce more than enough lithium-ion batteries to meet demand.
Less than 12 hours after the Model 3 unveiling at Tesla's design studio in Hawthorne, Calif., the number of Model 3 reservations topped 150,000. One factor that may have spurred some people in the United States to place a Model 3 reservation is the $7,500 federal tax credit for buying an electric vehicle.
That incentive is currently scheduled to be phased out after an automaker sells 200,000 electric vehicles. At current sales projections, Tesla will run out of those tax credits sometime in 2018 - just as Model 3s start rolling off production lines.
The Tesla brand, like the stock, enjoys a kind of cult following. The Tesla Model 3 will be much less complex than its predecessors. Elon Musk has learned from issues ramping up production of the Model S and Model X, which both missed his initial production targets.
That's good news for Tesla customers and shareholders. But the best news is that Tesla has perfectly positioned itself to profit from a new $488 billion industry...
Why the Surge in the Tesla Stock Price Today Is Just the Start
The introduction of a $35,000 vehicle is huge for Tesla, because its Model S sedan and Model X SUV retail for $70,000 and $80,000, respectively. The lower-priced model allows Tesla to tap into a whole new market.
And with worldwide revenue from electric vehicles forecast to bring in $488.54 billion by 2030, Tesla stock needs an affordable vehicle to appeal to the masses.
Money Morning Technical Trading Specialist D.R. Barton is bullish on the Tesla stock price today and says it is "head and shoulders ahead in the electric car front."
Yet with the kind of volatility Tesla and global markets have experienced this year, TSLA stock is not for short-term investors. But for long-term investors looking to buy and hold a stock for five to 10 years, TSLA is an excellent choice.
Musk's unparalleled vision and ability to create innovative products have propelled Tesla to the forefront of the electric vehicle market.
"I think Musk is the most innovative CEO on the planet and that he sees value others don't yet recognize," Money Morning Chief Investment Strategist Keith Fitz-Gerald said in 2015. "Cars, batteries, innovative business models - nobody knows where it will go but ultimately if you're along for the ride, I think it'd be very hard to go wrong over time."
Over the last three and five years, Tesla shares are up 483.66% and 803.76%, respectively. And more upside is projected.
On March 21, Argus Capital upgraded Tesla to "Buy" from "Hold" with a $333 price target. That would be another 34% gain from today's high for TSLA stock.
The 5 Most Important 2016 IPOs to Watch: There was a shocking absence of IPO activity in 2015. But we'd like to see these five companies go public in 2016. If they do, they'll be the most exciting and promising deals of the year...
- Daily Beast: Tesla's Model 3 Could Destroy Elon Musk's Company
- CNN Money: Tesla Reveals Its $35,000 Car for the Masses
- USA Today: Tesla Unveils Its $35,000 Model 3 Sedan


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Microsoft has just announced that it’s going to acquire professional social network LinkedIn for $26.2 billion. The software giant is buying LinkedIn in an all cash transaction at $196 per share. No major structural changes will be implemented immediately. LinkedIn CEO Jeff Weiner will retain his position and report directly to Microsoft CEO Satya Nadella. LinkedIn will also retain its own brand and independence.
Microsoft has only just announced the deal which is yet to be approved by the board of directors of both companies. Microsoft is looking to close the LinkedIn acquisition later this year.
This happens to be the first big purchase that Microsoft has made under the leadership of Satya Nadella who took over the top spot from Steve Ballmer over two years ago. Microsoft sees this acquisition as bringing together the “world’s leading professional cloud” with the “world’s leading professional network.”
Microsoft hasn’t detailed what it plans to do with its latest acquisition, but it’s evident that the company is looking to improve its presence in social networking. LinkedIn is used by over 400 million people across the globe for networking, finding jobs, and connecting with old colleagues. There’s a ton of data that Microsoft will get access to as part of this acquisition and it will surely have plans to get the most out of its $26.2 billion purchase.
Filed in General. Read more about linkedin and Microsoft.


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Microsoft announced today that former Microsoft Studios chief Phil Spencer will now head the Xbox division. Spencer will lead teams from Xbox, Xbox Live, Xbox Music, Xbox Video, and Microsoft Studios.
"Combining these teams will strengthen the connection between some of the world’s most innovative creators and those building the Xbox itself," Spencer said.
"I am incredibly proud of the talented Xbox employees around the world and believe, like they do, in the power of technology to bring games and entertainment to life across console, PC, tablet and mobile devices. It’s been a remarkable year for Xbox and I am honored to lead the team at this incredible time for Microsoft and the games industry."
Phil Spencer has been with Microsoft for the past 25 years. Before Xbox, he led the development for the company's first CD-ROM-based applications including Encarta and Microsoft Works. He became general manager of Microsoft Studios worldwide in 2008 and corporate vice president in 2009.
"This past year has been a growth experience both for me and for the entire Xbox team," he says. "We’ve taken feedback, made our products better and renewed our focus on what is most important, our customer. Our mission is to build a world-class team, work hard to meet the high expectations of a passionate fan base, create the best games and entertainment and drive technical innovation. As we continue forward, this renewed focus and mission will be a foundational part of how I lead the Xbox program.
"You will hear much more as we head into E3, but we are at the beginning of an incredible new chapter for Xbox and I can’t wait for the days and years ahead. This is going to be fun."
Source: Xbox Wire


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College students and parents-to-be spend more time searching online, looking for trusted information sources and researching their purchases, according to a new study from Yahoo Search Marketing.
The research comes from Yahoo’s new “Life Series” initiative, which launched earlier this year. The goal of the series of studies is to identify ways consumers use search during various life events — and ways advertisers can benefit from that knowledge. Yahoo identified a dozen life events to explore, including going to college, having a baby, moving to a new city and retiring.
In a study on the first two events — going to college and having a baby — Yahoo found that people in both groups share a desire for trusted information sources, heavy reliance on research prior to making decisions and increased time spent on research.
“People are more likely to consider new products and brands as they move through different life stages. Our research tells us that Web search represents a trusted and highly used source for information,” said David Karnstedt, senior VP and general manager for direct business at Yahoo Search Marketing.
The study found that 86 percent of parents-to-be and 81 percent of college students turn to search first, before friends and family or offline media. Parents-to-be are generally searching for information on pregnancy, which 68 percent say they find in books, 53 percent get from friends and family, and 37 percent find in magazines. Students are looking for information online that 64 percent of them also find from friends and family, 36 percent find in newspapers, and 24 percent get from TV.
More than half of expectant parents said that search simplified their lives more than magazines, though magazines helped 17 percent of them. TV, meanwhile, simplified the lives of 10 percent of parents-to-be.
“To own a consumer’s point of entry into a product category and develop long-lasting relationships is every marketer’s goal. What we are doing now is gaining more insight into how our customers can accomplish this via search,” Karnstedt said.
The research also confirmed other recent studies that showed many purchasers research online and purchase offline. College students were found to be much more likely to make purchases online, except in the case of big-ticket items, where they still trust offline channels more.
Despite the fact that it faces growing competition from Facebook, Instagram and Snapchat, Google-owned YouTube is still one of the most popular ... read more
Amazon prides itself on being the most “customer-centric” company in the world, but according to investigative journalism non-profit ProPublica, Amazon’s algorithms are often anything but ... read more


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Amazon Kindle goes international
Electronic reader will now be available in over a hundred different countries instead of just in the United States
A new model of Amazon's Kindle e-reader will now be available in more than a hundred countries including France, India and Brazil.
The Kindle, which is just over 1/3 of an inch thick, is capable of storing 1,500 books. Customers around the world can now download books wirelessly through the Kindle Store which has over 350,000 books from top publishers as well as more than 85 international and U.S. newspapers and magazines.
"We have millions of customers in countries all over the world who read English-language books," said Jeff Bezos, Amazon.com Founder and CEO. "Kindle enables these customers to think of a book and download it wirelessly in less than 60 seconds."
The move will see Amazon compete with Sony, Fujitsu, Samsung and others now in the global electronic reader market.
The Kindle will ship internationally on October 19th and cost $279. However the company has revealed that it will not ship the device or offer Kindle content in the United Arab Emirates, Bahrain, Qatar, Saudi Arabia and other countries in the Middle East at present.


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Target stores are one of the largest supermarkets in the US. With massive popularity among the crowds, the store is ready to move forward with its new ideas. Not only is the brand trying to combat Walmart and Amazon, but it is also trying to set itself apart from the others.
Soon enough, the company will be selling its own organic food. Target is all set to launch milk, eggs, and even its own beetroot hummus, and all of this will be under the name Good and Gather. Target is launching this brand in over 1800 stores by next month. Good and Gather is set to become the store’s flagship food brand.
According to what Target told USA Today, the brand will be launched next month with beverages and food products under the label. To kick start this, by next month about 1800 stores in the country will have this label. Apart from this, as per a Target executive vice president and president of food and beverage, Stephanie Lundquist said by 2020 the flagship label will have more than 2000 products under its belt.
Lundquist says that launching a food and beverage label under Target was a part of the plan to help the guests feed their families better food and better beverages. She says that many products and food companies add a lot of food colors and artificial flavors to add a different touch to their products. Target’s idea is to offer its customers organic produce to make their lives better.
She also says, “Love every bite or money back,” is yet another promise Target is making to its customers. She also said that for Target the choice was simple. It was really to offer wholesome produce so that the customers find it easy to know what they are buying.


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Davidoff will announce later this week that De La Concha, a five-decade fixture of Manhattan's 6th Avenue/Avenue of the Americas and the New York City smoking community, will be rebranded as Davidoff 6th Avenue.
The store will undergo an extensive remodeling and renovation as part of this rebranding to reflect the Davidoff brand's new global store concept, according to Davidoff director of marketing Richard Krutick. Though the dates aren't finalized, the company is expecting to close the shop in the summer and reopen as the new Davidoff in the fall.
"We are very excited to add a new Davidoff flagship store to such a vibrant part of New York City," said Jim Young, president of Davidoff of Geneva North America. "And particularly now that we have developed our new and inviting retail concept that includes a luxurious lounge to enjoy cigars, a state-of-the-art humidor to make your cigar selection, and a retail space where our shoppers can browse and select from the finest accessories available worldwide."
This change will bring Davidoff's New York store count back to two; in March, the company closed its smaller Davidoff store located on Columbus Circle in anticipation of this rebranding. That location, which sat in the Time Warner Center shops, will not be reopened. Former Davidoff Columbus manager Kevin Threat has moved to De La Concha to take the helm of that store, and he will be overseeing the new Davidoff 6th Avenue.
De La Concha, which has been around for half a century, was purchased by Davidoff from the Melendi family in December 2006.


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On this day a decade ago, the way the world interacted changed forever with the introduction of ‘mobile applications’ and the Apple App Store.
The App Store was first made available to iPhone users on July 10, 2008 and had just 500 apps ready for us.
After the creation of more than two million apps, a sales reach expanding across 155 countries, 20 million developers and more than US$100 billion in revenue, the App store is now second nature for tech users everywhere.
“In its first decade, the App Store has surpassed all of our wildest expectations,” Phil Schiller, the senior vice-president of Apple’s Worldwide Marketing, said in a statement.
“From the innovative apps that developers have dreamed up, to the way customers have made apps part of their daily lives, this is just the beginning.”
In Australia alone, more than 113,000 app developer jobs have been created as a result of the world’s biggest app marketplace.
With that, local developers have also left their footprint on the global stage for mobile apps with some of the biggest creations coming directly from Australia.
Here are some of the most iconic creations Australia has had to offer over the past decade.
Created by video game developer Halfbrick Studios, which is based in Brisbane, Fruit Ninja is the third-most popular mobile app in history - behind Candy Crush Saga and Subway Surfers - and has amassed more than one billion downloads worldwide.
The colourful swipe game was first released in 2010 and sold more than 200,000 copies to users within its first month.
From there, the app’s popularity skyrocketed. Within three months, more than one million Fruit Ninja downloads had been registered and within a year that figure was around 20 million.
Tasmanian James Cuda established Savage Interactive, the developing company behind one of the world’s leading digital illustration apps, from his spare bedroom in Hobart in 2010.
Since then, the app has been downloaded millions of times by artists all around the world and also won an Apple Design Award in 2013.
Cuda said in a statement that the growth stemming directly from the App Store has been “life-changing”.
“From the beginning, we wanted to sell Procreate exclusively through the App Store because it allows us to reach customers everywhere,” he said.
“Millions of our customers are discovering digital art creation for the first time.
“Many industry-leading artists also find Procreate with iPad Pro and Apple Pencil to be a powerful combination. Procreate simply would not be possible without the App Store.”
Much like Procreate, graphic design mobile app Canva changed the artistic landscape around the world.
The app launched in 2013 in Western Australia after its co-founder and CEO Melanie Perkins found graphic design students she was teaching at university struggled to understand basic concepts.
After more than 10 million app downloads and over 100 million unique designs, Canva is now a global design sensation.
Sweat: Kayla Itsines
Despite this fitness app, created out of Adelaide by the Instagram-famous personal trainer and her business partner Tobi Pearce, being just three years old – it’s already been downloaded more than 30 million times.
Of that gigantic number, Pearce told TechCrunch last month that more than a million people use the app on a monthly basis and they’re on-track to generate more than AUD $100 million in revenue this year.
With Itsines’ 9.8 million Instagram followers, the app was designed to reach exercisers around the world.
“We have mostly millennial consumers — 25 to 35 is our main market,” Pearce said.
“Part of being a personal trainer is that you get to be there, personally, and train people in real time.
“Obviously, you can’t do that for every person in the world… But Apple allowed us to do that - the Apple ecosystem is kind of a no-brainer.”


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Recreational cannabis in Pennsylvania could bring 32,000 full-time jobs, $3.3 billion in annual sales and $520 million in yearly tax revenue to the Keystone State, according to the cannabis platform Leafly.
Leafly CEO Yoko Miyashita, Pennsylvania Lt. Gov. John Fetterman and Jeff Riedy, executive director of Lehigh Valley NORML, are holding a press conference Tuesday calling for cannabis legalization.
At the event, cannabis advocates will also point out the economic and social justice benefits of cannabis legalization.
The Case For Recreational Cannabis In Pennsylvania
By providing as many jobs as Pennsylvania’s prominent steel industry in three to five years from legalization, the cannabis industry could significantly help the state recuperate …


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Facial Recognition: Should We Be Scared? Chinese Think So!
If you didn’t know that the Chinese government uses tools for facial recognition to track the residents of large cities, remember that! When you come to the camera’s sight, the system already knows who you are, where you live, what your phone number is. So, it’s no surprise that residents of China are not pleasantly impressed by Big Brother watching their every step.
Research of the Topic
One of Beijing’s research institutes conducted a survey and found out that indicators of the pushback against this feature had rapidly increased. In particular, 74% of those who took part in the survey confessed that they would like to turn this feature off and replace it with traditional identification methods for verifying their identity.
More than 6000 thousand respondents are concerned about possible leaks of their personal biometric data. What’s interesting, this is the first research on this topic of such scale in mainland China, According to The Financial Times, no one has ever done that before.
More than 80% of respondents are unsatisfied with these measures because China has no laws to protect citizens from hacking their biometrics. People feel insecure and live in constant fear that someone may hack their data and use it in their own interests. And no one knows what the goals of these hackers will be. Often, they are not up to anything good.
Where Is Facial Recognition Used Now?
These systems are working in schools, stations, shopping centers and other facilities across China.
Cameras are watching people in the streets. This may be a good thing when it comes to identifying criminals. If we compare this experience with what other countries do, we will see that some of them achieved an almost zero criminal level. For example, in Monte-Carlo, Monaco, they have cameras all over the city. People are safe and the police is watching just everyone. Guides tell tourists that they even can hear what people talk about. As a result, their level of safety is almost 100%.
What’s wrong with China? Implementation is the key. China takes 50th place in the ranking of the best implemented facial recognition technology and no one is sure that their personal data is not used by hackers or criminals.
Surveillance: Chinese concerns
The survey which was conducted this fall (between October and November) showed that 57% of respondents don’t like the fact that they are always tracked.
84% of them confessed that they would like to delete the information from recognition systems by their request.
Also, the majority prefers using traditional documents – ID cards, passports or driving licenses for verifying their identity whenever it’s necessary.
Though, the assessment of the system, in general, was quite positive – almost 70% of respondents agreed that they feel safer when there are cameras in public places.
Constant and Inevitable Surveillance
It’s necessary to note that there is no country like China when it comes to the number of cameras in the streets. This is what people just can’t avoid.
Moreover, China implements technology in almost every sphere of life, which is 100% great. For example, they don’t have queues in hospitals – everything happens online. At the markets, you can pay with WeChat for the grocery, even if an old granny sells it.
Getting back to surveillance, we have to mention the experience of Zhengzhou, a Chinese city where they have rolled this tech out on their subway stations. So, the system authorizes payment automatically – without scanning QR codes. Still, this is an option, not an obligatory measure so far.
Nevertheless, some measures are really mandatory – the Chinese state continues to implement the technology across the country. For example, they rolled out a new regulation prescribing every mobile phone user to scan their faces when signing a contract with a provider. This is made to decrease the fraud level, as there have been many cases of reselling and conducting scam activities with used Sim cards.
So, it’s up to you to decide whether this experience of China is positive or negative. In our opinion, it has both sides, and we are happy that the Chinese do not live in a dystopia, and the state does not always want to control them but helps to make the country safer and more attractive for local residents.


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Complete this form for a complimentary copy of the full 2017 Australian Retailer Technology Review detailing how retailers can improve customer loyalty, leverage data and stay safe online.
Ultimately the retail experience has come down to delivering a frictionless experience and using technology – when integrated – can assist retailers in making that possible. The 2017 Australian
Retailer Technology survey reports the next steps that retailers plan to take in the next 12 months indicate they understand this, with the survey results revealing they are still willing to step up
to address the growing challenges in the sector.
Australian Retailers Association (ARA) Executive Director Russell Zimmerman warns given that the sector is only set to get more competitive, particularly with the expected arrival Amazon in Australia shortly there is no more time to “wait and see” but rather a matter of being prepared.
The 2017 Technology Retailer Review was commissioned to examine and benchmark technology adoption among Australian retailers.
In surveying 146 retailers, the research draws attention to the fact that a majority of Australian retailers are already on the right track in terms of adopting some specific technologies including loyalty programs, integrated point-of-sale and loss prevention systems.
Further investigations reveal, however, there are still some real opportunities for retailers to refocus their priorities and grow their business by leveraging technology. These opportunities come at a time where Australian consumers are not only price and convenience driven, but pragmatic and willing to switch shopping with a retailer if they know they will receive a better customer experience elsewhere.


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Intel has launched its first wireless products based on the IEEE 802.11b industry standard. The wireless devices are the first products to come from the joint development agreement between Intel and...
Despite paying lip service to DDDM many executives would still rather rely on their own gut instinct
Artificial intelligence today is barely intelligent at all. So what will it take for true AI to be developed, asks Peter Cochrane?
Gaming firm Ubisoft is among the first to try it
Krzanich resignation accepted over consensual relationship with employee


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THE planned shift of Marks & Spencer has been welcomed by tourist chiefs and business leaders.
David McKnight, the general manager of the HMS Trincomalee Trust, believes Hartlepool’s iconic ship could receive more tourists as shoppers would be closer by.
He added: “There could be positives for us. In this part of the world, people do tend to come here by car and there is plenty of parking for them. To have M&S in this area, it would be excellent for us, although I am concerned for the Middleton Grange Shopping Centre and the impact this will have on the centre.”
Mr McKnight said M&S’s arrival across the road from the Hartlepool’s Maritime Experience would “improve the offer that we have as a destination in this part of the town”.
Colin Griffiths, a business consultant at the Stranton Business Centre in Hartlepool, believes the move could be beneficial all round for Hartlepool.
He said: “For Hartlepool, it is going to mean a bigger store which means a wider operation with very good brands that M&S does.
“From the shopping centre point of view, it could be very good if there is a major store wanting to come in and take it over.”
“That, in turn, would create a lot of jobs and money coming back into Hartlepool. If there is a department store or a major retailer wanting to move in, I can see there being some major advantages in this move. It could be good news for Hartlepool.”
Mr Griffiths added: “It is sad that the shopping centre is going to lose a big player, but on a positive note, this could bring in another retailer.”


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Three men arrested in series of Wal-Mart thefts
PITTSBORO — Authorities say three men from Henderson have been identified in connection with a theft ring that targeted Wal-Mart stores across central North Carolina.
A statement from the Chatham County Sheriff's Office said an investigation involving police departments from Roxboro and Holly Springs led to the arrests.
Sheriff Richard Webster said investigators were able to identify the suspects after two thefts from a Wal-Mart on the Chatham-Orange county line. He said the smash-and-grab thefts netted $150,000 in electronic items.
Officials say 26-year-old James Drenell Branch is being held in the Wake County jail on unrelated charges. Authorities are still searching for 20-year-old Damien Lamar Bullock and 29-year-old Christopher Eugene Bullock. The three are each charged with two counts of felony larceny, shoplifting concealment of goods and conspiracy to commit felony larceny.


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It might not be everyone’s cup of tea, but Epic Games has unlocked the formula to keep its live game freshly filled with new content. Even ignoring the blatant IP hoarding of adding everyone to the game, Fortnite is constantly building up to major in-game events and spectacles that battle royales like PUBG and COD: Warzone have only tried to emulate.
However, it seems like Epic has already made plans for Fortnite’s next big thing before the competition can catch up. The game will soon receive an Unreal Engine 5 upgrade for Fortnite Creative, the creation tool that allows players to build their own Fortnite island.
“About half of the Fortnite game time by users is now in content created by others and half in Epic content,” Tim Sweeney told Fast Company. And that’s just the beginning. Later this year, we’re going to release the Unreal Editor for Fortnite – the full capabilities you’ve seen [in Unreal Engine] opened up so that anyone can build very high-quality game content and code… and deploy it to Fortnite without having to make a deal with us — it’s open to anyone.”
“Our goal is to make it a premium point of sale to reach consumers, just like you could look at the mobile app stores and consoles and Steam as ways to reach users,” he continued. “Now people are also looking at Fortnite and Roblox as ways to reach users. In addition, we are building an economy, and it will support creators to actually build businesses around their work and increasingly profit from the trade that comes from people play their content.”
The rest of the conversation revolved around Sweeney’s views on the metaverse and how Fortnite could become one of the entities that could lead the change. “I think we can build this open version of the metaverse over the next decade based on open systems, open standards, and companies that are willing to collaborate based on respect for their mutual customer relationships,” he said. “You can come in with an account from one ecosystem and play in another, and everyone just respects those relationships. And there’s healthy competition for every facet of the ecosystem.”
NEXT: Horizon Zero Dawn’s Broken Whistle Mechanic Was A Beautiful Thing
Xenoblade Chronicles 3 shows some skin
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Openness and potential of Latin America for digital business is unanimous at the LatAm Cross-Border Summit
- Payments , Financial
- 27.09.2019 08:43 am
After three days of debates, keynotes, and networking among leaders from some of the main digital companies worldwide, the LatAm Cross-Border Summit, powered by Brazilian fintech EBANX, ended this Thursday (26th) in Rio de Janeiro, with all participants reaching a common ground: Latin America is open for business.
During the event, which was by invitation only, leaders from companies such as AliExpress, Spotify, Stone, Visa, Mastercard, Amazon, Disney, Uber, Shopify, and Microsoft, shared their insights on e-commerce, digital services, and the payments market in Latin America. And they left Rio de Janeiro with numerous business prospects.
“Latin America is relevant, big, mature, and worth the investment,” said João Del Valle, COO and co-founder at EBANX, during the event.
Del Valle launched on Wednesday (25th) an exclusive survey on the state of cross-border purchases in Brazil. Among other findings, the research shows how smartphones have been instrumental in democratizing access to global products and services in Latin America (mobile phones were the preferred device for 62% of Brazilians when making international purchases last year).
Fernando Teles, Country Manager Brazil at Visa, has also celebrated the business environment of Latin America and said that the region is full of opportunities. "When you have Softbank creating a USD 5 billion fund for Latin America, you know for sure that there isn't a better place to put this money," he said.
For Lindsay Lehr, Associate Managing Director at AMI (Americas Market Intelligence), Latin America’s leading market intelligence and advisory group for global companies, the region is “nearing the end of a lost half-decade” -- a shift driven not only by the largest markets in LatAm (Mexico and Brazil), but also by countries such as Chile, Peru, and Colombia.
“Even when there is volatility, we have seen growth in Latin America’s e-commerce,” she said during her lecture. “E-commerce still has a long road ahead in Latam. While we have 9% to 15% penetration in this sector in the US and 22% in China, in Mexico and Brazil we have 2% and 3%, respectively.”
Among the keynote speakers, there were also Rosario Marín, former US Treasurer; André Street, chairman and co-founder at StoneCo; Camilla Junqueira, CEO at Endeavor Brazil; and João Pedro Paro Neto, Brazil and South America president at Mastercard.
The LatAm Cross-Border Summit closed with Alphonse Voigt, co-founder and CEO at EBANX, who recalled the company’s history. The Brazilian global fintech was founded in 2012 and processes payments in eight Latin American countries to over 1,000 international companies.
“We were the smallest company that Endeavor has ever bet on [when EBANX was selected at the International Selection Panel, in 2012]. And today we are the biggest of all,” said Voigt. “Our history itself proves that the Latin American market is mature and ready for business.”


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Flag carrier Philippine Airlines (PAL) pits itself against budget fliers this summer with a new promo offering discounted tickets that can be used just weeks after they are bought.
Rarely done in high-demand periods such as summer, PAL and its affiliate carrier PAL Express are selling seats to passengers that can be used as soon as two weeks after buying it as part of the “Book now, Fly now” campaign announced Monday.
“This bucks the industry trend of stipulating travel dates way beyond the promo selling periods-sometimes for as long as six months later,” PAL said in a statement.
“As a result, passengers have to endure a lengthy wait despite paying for their tickets in full, depriving them from enjoying the fruits of the promo straight away,” it added.
The promo covers one-way, economy-class travel served by all nine PAL domestic routes eight of PAL Express’ domestic fleet.
The promo fares, however, were available for a limited period from 8 April to 9 April, but the tickets issued can be used from 28 April up to 15 May.
Also, PAL said that the fares do not include fuel surcharge, service charge, terminal fees and also non-refundable.
The carrier did assure that passengers can expect full service on-board that makes them feel “at home,” in line with both airlines’ new brand taglines. Different from other budget airlines, complimentary snacks, drinks, periodicals and other amenities will be given.


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Google recently released Android 8.0 Oreo with plenty of new features and specifications. Even though the Android Oreo was officially launched, the roll out to the smartphones has been substantially slow. The latest news is that Android 8.0 Oreo has been pushed to Google Pixel and Pixel XL smartphones running on Project Fi in addition to standard variants.
According to the official System update page, the Android 8.0 Oreo will be smarter, faster and powerful than ever. In addition to smart text selection, the Android 8.0 Oreo also provides support for instant apps, picture-in-picture, enhanced booting including the ability to scan Google Play Protect security systems. During the launch event, Google revealed that the Pixel handset will boost quickly after the installation of the Oreo platform.
With Android Oreo, you will be able to view important notifications followed by less important. The addition of Adaptive Icons feature helps you to customize the icons with squares, circles and other shapes.
Witha weight of 938.4MB, the Android 8.0 Oreo update is being rolled out via OTA. Hence, it will take few days for the update to hit the handsets.
Before proceeding to download the update, it is absolutely essential to establish connectivity with Wi-Fi to avoid excess data charges. Moreover, the handset should be either connected to the AC power source or be charged 100% to avoid interruption.
If you have access to Google Pixel or Pixel XL, you will be able to see a message notification prompting you to install the update. Alternatively, you can manually navigate to Settings icon to verify the presence of the update.
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Compared to July 2015, the Industry is down 14% due to there being no strong new releases for home consoles.
Tag Archives: gta 5
With anticipation for the latest Grand Theft Auto reaching fever pitch, where can Rockstar go from here?
Rockstar’s new GTA V trailers show off their three player-controlled protagonists- but what gameplay or console developments are on show? We’re shown a massive load of driving, fistfighting, and high-spec looking graphics. Let’s analyse this thing.


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Tag Archives: countdown
Here are the top 10 most popular stories On 3D Printing brought you in October 2013.
Holiday shoppers now have even more unique gift options with Neiman Marcus selling 3D printed jewelry from Shapeways.
Do you think you pay a lot for your inkjet cartridge refills? 3D printing materials are following suit in premium pricing to grow to $615M market.
The MakerBot Thingiverse team has launched a Thingiverse iPhone app that lets you browse, share and keep involved with the 3D printing community on the go.
Here are some 3D printed designs that will be perfect additions to your Halloween. Some are decorations, others costumes, all available at Shapeways.
On its first day as a public company, voxeljet stock (VJET) is soaring at 70% above its initial targeted price of $13.
Asda has become the first supermarket in the UK to offer customers the ability to get a 3D printed miniature of themselves right in the store.
Etsy no longer requires items to be handmade, but instead must have authorship with the seller. 3D printing is one of the factors influencing this decision.
Founded by MIT engineers, Formlabs first raised $3 million on Kickstarter for the Form 1 3D printer and now adds $19 million in venture funding for growth.
3D printer company voxeljet sets terms for $91 million IPO. It will list as VJET on the NYSE and compete with DDD, SSYS, and XONE.
In Belgium, doctors are 3D printing bone structures to shave hours off in the operating room, using paper 3D printing from Mcor Technologies.
Thanks for reading in October!
Here are the top 10 most popular stories On 3D Printing brought you in September 2013.
Today’s retail world is one-size-fits-all, said Isaac Katz at the Inside 3D Printing show in San Jose, whereas tomorrow is all-for-one and uses 3D printing.
Mixee Labs, the 3D printing startup that introduced 3D printed jewelry, cufflinks, dog bone tags, slim wallets, and figurines, has launched molecules.
Rarely, if ever, do you see an academic video get over 1 million views on YouTube. Check out 3-Sweep, a technology that will change 3D printing.
Legal expert Michael Weinberg explores the copyright implications of more accessible and inexpensive 3D scanners coupled with 3D printers.
We showcase the exhibits at Inside 3D Printing expo in San Jose, featuring 3D Systems, Stratasys, Afinia, Sculpteo, Leonar3Do, FATHOM, Mcor, and more.
At the Inside 3D Printing conference in San Jose, technology analyst Melba Kurman delivered a presentation called The 10 Principles of 3D Printing.
The Peachy 3D Printer has a $100 price tag and has raised nearly $500,000 on Kickstarter.
After delivering an inspiring keynote at at the Inside 3D Printing conference in San Jose, 3D Systems CEO Avi Reichental gave us an exclusive interview.
Cambridge, MA based Matter.io is looking for beta testers to try out their new 3D editing tool Matter Remix. Read below for our exclusive promotion code.
Organovo CEO Keith Murphy shares his company’s bioprinting technology, the ability to 3D print living human tissue and possibly organs.
Thanks for reading in September!
Here are the top 10 most popular stories On 3D Printing brought you in August 2013.
IDTechEx has announced its inaugural event 3D Printing LIVE which will take place in Santa Clara, CA on November 20-21 2013.
MakerBot, the desktop 3D printer startup acquired by Stratasys, has launched MakerBot Digitizer, a desktop 3D scanner.
Two students at MIT have demonstrated how 3D printing can be used to duplicate some of the most secure keys in the industry.
The UPS Store announced it is the first nationwide retailer to test 3D printing services in-store.
Mr. Galese has a very creative approach for sourcing his 3D printing designs; he finds them in detailed drawings from expired patents from the U.S. PTO.
Two 3D scanner concepts were launched on Kickstarter, looking to raise crowdfunding. 3D scanning technology is a must h
Here is a completely mind-blowing list of the top 9 ways 3D printing has already changed all the branches of the medicine and what to expect in the future.
PrintToPeer has partnered with artist Jeff de Boer to create “Linked,” the world’s first crowdsourced 3D printed sculpture.
Deltaprintr is a new desktop 3D printer concept that is targeting a retail price of under $500, and created by a team of college students.
3D printer company MakerBot, recently acquired by Stratasys for $403 million, has announced it will start selling its Digitizer desktop 3D scanner.
Thanks for reading in August!
Here are the top 10 most popular stories On 3D Printing brought you in July 2013.
Thanks for reading in July!
Here are the top 10 most popular stories On 3D Printing brought you in June 2013.
Thanks for reading in June!


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Late Blight Fungus Threatens Tomato Crop in Northeast and Mid-Atlantic - NYTimes.com: "Professor Fry, who is genetically tracking the blight, said the outbreak spread in part from the hundreds of thousands of tomato plants bought by home gardeners at Wal-Mart, Lowe’s, Home Depot and Kmart stores starting in April. The wholesale gardening company Bonnie Plants, based in Alabama, had supplied most of the seedlings and recalled all remaining plants starting on June 26. Dennis Thomas, Bonnie Plants’ general manager, said five of the recalled plants showed signs of late blight.
“This pathogen did not come from our plants,” Mr. Thomas said on Wednesday. “This is something that has been around forever.”
Mr. Draper said the diseased seedlings, found in stores as far west as Ohio, were at least one source of the illness, but, he added, “It’s possible that we are looking at multiple epidemics.”
Mr. Mishanec said agricultural pathogens can easily spread when plants are distributed regionally and sold by big-box retailers.
“Farms are inspected, greenhouses are inspected,” he said, “but garden centers aren’t, and the people who work there aren’t trained to spot disease.”"
Sunday, July 19, 2009
Late Blight Fungus Threatens Tomato Crop in Northeast and Mid-Atlantic - NYTimes.com
One of the scores of reasons NOT to buy plants from bigbox retailers like Lowes. Not only do they sell the unhealthy specimens of the wrong varieties and at the wrong time of the year, their plants often introduce new diseases and insects into the garden. I have seen Lowes sell rose bushes covered in anthracnose and fruit trees with fungus evident on the stems. Every once and a while, I'll buy, say, onion sets or a hibiscus from a retailer, but if it can be grown from seed or cutting, I'll take the time and save the money by doing it myself.
Posted by Michael at 10:16 AM


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Learn the five numbers regarding ATMs credit unions should know.
Take a deep dive into stats on EMV chip card use and circulation.
The rising costs are a reminder of why credit union advocacy must remain a priority.
Twenty-eight million households are ready to move to a more innovative financial institution.
Brand awareness, website traffic and audience reach top marketers' social media concerns.
It's time to start viewing marketing as another avenue for revenue generation.
Javelin report explores Identity fraud in 2015.
Card issuers lose $10.9 billion to card fraud in 2015, new research finds.
Researchers examine the role of social media and mobile apps in the workplace.
Callahan & Associates reveals credit union compensation trends.


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The head of the online gaming regulation agency in Italy said that they’ve made significant progress towards a share liquidity.
Fitch Ratings released a new report where it was revealed that Macau will likely grow 12 percent this year.
The 2016 figures that were released this week showed a 25 percent year-on-year increase in online gaming revenues in Italy.
According to the local gaming control board, Pennsylvania experienced a 2 percent growth in March in table games revenue.
New Jersey revealed that March has been an historic month for the online gambling sector as it increased more than 40 percent.


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October 3, 2013
From the previous estimate of €6 billion (US$8.2 billion), BASF lifted its 2020 sales target for Crop Protection division to €8 billion (US$10.1 billion).
The company now expects the division to achieve sales of more than €6 billion (US$8.2 billion) by 2015.
BASF's Crop Protection division, which provides innovative solutions in crop protection, had sales of around €4.7 billion (US$6.4 billion) in 2012.
BASF will invest about €1.8 billion (US$2.45 billion) to build and upgrade production and formulation capacities between 2013 and 2017 in order to attain the goal. During the period, the firm will double annual investments in production plants for its Crop Protection division to more than €300 million (US$408 million) from around €150 million (US$204 million).
The company also plans to build new or expand existing formulation plants at various sites around the world, with strong emphasis on Asia.
Markus Heldt, president of BASF's Crop Protection division said that they are confident the company will continue with this development as they have demonstrated sustainable growth in their sales and earnings.
Total peak sales potential for crop protection pipeline, represented by products launched between 2010 and 2020, is now estimated at €1.7 billion (US$2.3 billion), up €500 million (US$680 million) compared to last year. The company also said it will maintain its commitment to invest around 9% of the Crop Protection division's sales into research and development activities.


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In clear evidence that Sony’s $6 million PlayStation 3 marketing campaign is working, Australian gamers ignored the high price tag and lapped up $33 million worth of PS3 hardware and software in the 10 days following its March 23 launch. That translates to 27,083 PS3 units sold, said GfK analyst Daniel Morse, whose figures are based on sales data provided by all of Australia’s major retailers.
The PS3’s three most popular games were Resistance: Fall of Man, MotorStorm and Formula One Championship Edition. By comparison, Microsoft sold 36,627 Xbox 360s and Nintendo sold 41,369 Wiis in the 11 days after their respective launches last year.
Morse could not provide 10-day sales figures for the Xbox 360 and the Wii, unlike the PS3, because GfK compiles data only on a weekly basis - the Xbox 360 and the Wii were launched on a Thursday, while the PS3 debuted on a Friday.
Although the raw number of PS3 units sold is lower, Morse said it was a superb result for Sony, given the console sells for $999, compared with $649 for the Xbox 360 and $399 for the Wii.
But Microsoft is not taking Sony’s challenge lying down - to capture lost markets and conquer new ones, it unveiled a souped-up black Xbox 360 Elite model featuring a larger 120GB hard drive and HDMI connectors.
Pricing for the Elite has not been announced but it is set to go on sale in Australia during winter.
In addition to putting cash in Sony’s coffers, the PS3 has also proven, as was widely expected, to be a Trojan horse for the high-definition Blu-ray disc format.
While sales of stand-alone Blu-ray and competing HD DVD players in Australia have been dismal - so low, in fact, that GfK said it was not worth reporting the figures - the PS3’s built-in Blu-ray player has given the format an immediate head start.
Sony Australia managing director, Michael Ephraim, said Blu-ray’s install-base had grown 40-fold in three days since the PS3’s launch.


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Nothing like a little courtroom drama (or "litigation," as they call it)
to get the watercooler talk started, right? Motorola
Mobility has just
sued TiVo (yeah, TiVo!) for doing the unthinkable: infringing its
patents for digital video recorders (DVRs). Ouch. Considering that DVRs
's bread and butter, it's probably not comfortable to be dealing
with accusations like this.
The complain was just recently filed, and it notes that Motorola had
"acquired its DVR patents through an acquisition of Imedia, which filed
for patents in April 1995." The whole thing is pretty complicated; Moto
is apparently filing the suit to protect its own interests after TiVo
sued Verizon Communications for patent infringement. Why would Motorola
care if TiVo sued Verizon? Because Verizon uses Motorola technology, and
so -- by a strange linkage of events -- they could be in hot water too
if TiVo wins against Verizon.
Here's what Motorola said in a brief statement: "TiVo is attempting to assert its patents against technology disclosed
and claimed in Motorola Mobility's patents, despite the fact that
Motorola Mobility's patents were filed more than three years before
Looks like we may need to get settled in; we doubt this bickering will end anytime soon.


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Vendors are making more money by selling used cars cross border according to Frank Tanke, The Netherlands country manager
The quest for data from remarketing decision makers in The Netherlands continues to grow as they use it make strategic decisions as to what they sell, where and for what price.
The Netherlands has multiple customers now buying bulk data over the past two years including banks, leasing companies and dealer groups.
Leasing companies are constantly looking for the most profitable country to sell used cars that are coming off lease. There are a large number of leasing companies based in the country and they have switched onto the fact that selling their used cars coming off lease in other countries may be more profitable for them.
Exporting used cars
Between 70-80% of the country’s used cars are now exported by Autorola Netherlands. More Dutch used cars from leasing companies are exported to other European countries than to home-based dealers which makes The Netherlands one of the most transient remarketing nations within the group. Germany is its biggest customer taking around 70% of the total followed by Hungary, Belgium, and Portugal.
“With INDICATA we have the used car insights data in real time to help vendors decide where best to sell their used car and amazingly there is a big difference depending on the make and model in question.”
Export can increase disposal profits
“We have seen vendors generate an extra 3,000 Euros per car by using our data to locate the perfect country to sell their car in. Once the country has been identified our cross-border expertise goes to work in engaging with buyers in that country to team up cars with buyers,” said Frank.
“Buyers have confidence to bid on cross border used cars via the Autorola platform as they trust our process. We have an excellent reputation in looking after both the vendor and buyer,” he added.
Frank’s team employs three experts who fill in the 20 pages of paperwork needed to export each car. It aims to make it easy for vendors and buyers and why Autorola has become a leader in the field of cross border sales. They can also manage all the logistics involved in getting each car delivered completing the cradle to grave export approach. This helps fuel a profitable and proactive export service.
EV new car incentives
Since 2012 the Dutch Government has been one of the most eager in Europe to introduce incentives for companies and drivers to reduce their CO2 by getting them out of ICE cars and into EVs.
Drivers now base their new car decision on the reduced tax they must pay rather than the brand they aspire to. This has reduced brand loyalty in the new car sales market, but that doesn’t always carry over to the used market.
Tesla is a very popular in The Netherlands and tax incentives, which last five years, helped the brand sell 20,000 Model 3s in December 2019. It means vendors will be seeing these cars coming back into the market in December 2024 which will provide significant challenges for vendors.
Used EV stock levels continue to rise
Much of the time the best option is to export the car into another market but when the used EV sector is still in its infancy that does not provide an immediate and quick answer. Stock levels have continued to rise over the last six months in the country and there could be greater incentives needed to speed up the sale of cars.
“It is great to see incentives being offered to buy new and used electric cars, but it does not take account of the substantial number of ICE cars that are already in the market as used cars. Diesel has fallen from grace which means that cross border sales are often the only answer to shift stock out of the country as they have been devalued in the home market by these Government incentives.
Diesel popularity continues to fall
“In our latest INDICATA Market Watch report diesel has become the third most popular powertrain as hybrids start to take over its position. Petrol used cars continue to be the most popular accounting for nearly two thirds of all used cars sold. The market continues to change, and we are helping vendors and buyers to come to terms with these changes with our online MarketPlace platform and INDICATA used car insights working together,” said Frank.
“Our business continues to be at the heart of the modernisation of the used car industry and we look forward to growing our volumes as new car supply starts to help feed more used cars into our market,” he added.


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In a bid to expand their energy drinks portfolio, PepsiCo, Inc. is all set to acquire popular energy drink maker, Rockstar Energy Beverages for US$ 3.85 billion.
In its bid to double its sales in the next five years, Coca-Cola India is all set to re-brand its products in semi-urban and rural markets in local languages.
Tata Coffee Limited has launched its e-commerce platform to promote the finest reserve single origin specialty coffees, handpicked directly from its own estates.
Led by Shreedhar Gupta, Cross Border Kitchens, a multi-brand, multi-kitchen, multi-format internet-driven F&B company has raised an angel round to help the brand expand its business reach.
JHS Retail to exclusively set up Patanjali stores across all Indian Airports
Milkbasket bets on private labels, expects 40 pc revenue contribution by year-end
TGBL renamed as Tata Consumer Products Ltd, to spearhead FMCG ambitions
Reliance Industries' new hyperlocal store format to aid new commerce initiative
IMAGES Group honours Indian food & grocery retailers at Coca-Cola Golden Spoon Awards 2020
CEOs and regional supermarket players predict growth to be fueled by customization and assortment of products
Market Intelligence, Innovation, Self-Disruption and Localisation: Major trends in India’s food retail sector
Cutting Edge: How supermarket shelving plays a sophisticated part in marketing
Trends 2020: FMCG industry expectations from the new decade


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Ford bronco new. The silhouette photo shows that it will be loosely based off of the 2020 bronco with a short hood flat roofline and boxy proportions. Even though production ended over 20 years ago the ford bronco has remained one of the best off roading vehicles. Heres what we know of the born again off roader thus far.
The new ford bronco is coming for 2020. Ford confirmed the return of the legendary off road suv at the detroit auto show in 2017 and we expect the 2020 bronco will make its debut there next january. One way to do that is to come.
If the release of the new 2019 ford ranger wasnt exciting enough ford is bringing back the legendary bronco for 2020. The iconic suv was one of the worlds leading 4x4 vehicles for three decades from the mid sixties until the mid nineties. The new bronco needs to walk a very fine line.
The ford bronco is back by popular demand. Ford has just released new photos teasing the upcoming yet unnamed baby bronco the front end of which was teased earlier this year. It must live up to its rugged reputation while successfully differentiating itself from fords current suv lineup.
At the 2017 detroit auto show ford officially confirmed the bronco will return in 2020 as a midsize off road 4x4. Like the jeep wrangler and many good off roaders before it ford says that the new bronco will be a real no compromise body on frame 4x4 built to take on some of the toughest terrains. Ford has confirmed it will bring the bronco back to showrooms in just a few years.
This new generation bronco boasts the latest in smart technology and a bold new look while remaining true to its rugged roots. The ford bronco is coming back.


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This association estimates half of the dogs and cats in the United States are too heavy.
-- The Association for Pet Obesity Prevention (APOP) estimates half of the dogs and cats in the United States are overweight or obese. That’s 33 million dogs and 51 million cats, according to APOP.
On Wednesday, the APOP hopes to raise awareness about the dangers of pet obesity during the third annual National Pet Obesity Awareness Day. Veterinarians are being asked to gather data on the weight of the pets they treat, and pet owners are invited to log on to APOP’s Web site to answer questions and report their animals' size and weight.
"Pudgy pooches and fat cats are now the norm," says Dr. Ernie Ward, founder and president APOP. "This is the first generation of pets that will not live as long as their parents. Even worse, the majority of today's overweight pets will endure painful and expensive medical conditions -- all of which can be avoided. We're loving our pets to an early -- and painful -- death."
The biggest cause of the obesity epidemic is carbs, according to Ward. Today's pets consume high carbohydrate and sugar treats and foods that create changes in their brain chemistry, causing them to crave these foods even more, he says.
Too often veterinarians aren't taught how to prevent obesity -- only how to treat the consequences, which is why APOP has partnered with the Student American Veterinary Medical Association (SAVMA) to heighten discussion at the nation's veterinary medical schools.
For more information about Wednesday's events or APOP, click here.


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Sales on the first three models were down as much as 32% through September, and the company's new boss, Bob Nardelli, isn't in a playing-around mood. Company insiders have told the Det News that Nardelli is taking very close looks at the current lineup and isn't exactly thrilled. Supposedly, Dodge's Dakota and Avenger and Chrysler's Sebring are also feeling the Nardelli heat. The newspaper quotes Nardelli as saying, "I'm not a designer, but I'm a consumer," he said. "Rather than deny some of the (negative) reports that are out there you kind of embrace them and say, what do we want to do to take our vehicle from where it is to where consumers want it to be?"
So how many of you reading that actually said out loud, "It's about damned time!" Nardelli sounds like a guy who doesn't mess around, who seems to know his company's products aren't up to snuff, and who's willing to do just about anything to fix them. Sebring and Avenger aren't exactly blockbuster designs, and if Chrysler must amputate them to stay alive, we say go for it.
We hate to see wagons disappear from the domestics' lineup again, but overall, this is a good sign and we can't wait to see what Nardelli does with future offerings.
By the way, Mr. Nardelli. Can we nominate the Aspen and Compass for some critical evaluation, too? Thanks.
[Source: The Detroit News]
Thanks, Mike, for the tip!


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CB Richard Ellis/Grossman Retail Advisors hired by city to find 'exciting' Dudley Municipal Center retailers
(Patrick D. Rosso/Boston.com/2013)
Boston has hired CB Richard Ellis/Grossman Retail Advisors to help with the selection of commercial tenets for the Dudley Square Municipal Center.
The $115 million development at the former location of the Ferdinand Furniture Store on Warren Street and Washington Street in Roxbury, is expected to be completed in 2015. Five-hundred Boston Public School employees will be housed in the new building, which includes just over 18,000 square-feet of commercial space on the ground floor.
Based in Boston and founded in 2009, CBRE/GRA is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, according to CB Richard Ellis's website.
It will assist the city in securing “exciting” retailers for the site that will activate the street, according to a statement from the city.
“The new Dudley Square Municipal Center is an important step forward in the development of a historic neighborhood on the brink of population and economic booms,” Mayor Thomas M. Menino said in a statement. “Bringing an experienced firm like CBRE/GRA on board ensures we include the kind of stores and restaurants that will further grow and enhance Dudley Square.”
CBRE/GRA will be paid $50,000 for its work with the Public Facilities Department from July 2013 to February 2014, according to the Boston Redevelopment Authority.
The city will also use BRA commissioned surveys that quantify buying and spending habits in the area, to help make the selections.
Four agencies, including CBRE/GRA, submitted bids to the Public Facilities Department for the project, according to the city.


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Sturgis & Deadwood, SD (July 10, 2013) The Legends Ride, the premier celebrity/charity event in motorcycling, today announced an all-star roster of film, television and motorcycle celebrities ready to meet participants as part of the most anticipated and widely popular events of the annual Sturgis Rally. The Legends Ride, now in its 6th year, kick starts the rally on Monday, August 5th. More than $300,000 has been raised for local, Black Hills charities since its inception. Tickets for the must-attend Sturgis event are still available by calling (605) 347-9000 or by logging onto www.legendsride.com.
The Legends Ride invites all motorcycle riders and enthusiasts to join R. Lee “The Gunny” Ermey celebrating Victory Motorcycles 15th anniversary, Celebrity Apprentice and Twister Sister front man Dee Snider, heartthrob Kristy Swanson, WWE Hall of Famers Jim “The Hacksaw” Duggan and Greg “The Hammer” Valentine along with the first family in motorcycle customization Arlen, Cory and Zach Ness as well as host of other celebrities, artists and cigar aficionados participating in this epic ride to raise needed funds for the Black Hills Special Olympics and Sturgis Motorcycle Museum & Hall of Fame.
“The Legends Ride is all about promoting South Dakota and showcasing the generosity of motorcyclists to a world-wide audience” says Rod Woodruff – president of the Sturgis Buffalo Chip. “No other event in Sturgis can match the world class-motorcycle atmosphere of the Legends Ride, from which 100% of rider’s contributions go directly to its chosen charities.” “We are delighted to see so many celebrities, business leaders, media and rally goers come together to support this worthwhile event.”
The Legends Ride kicks off in historic Deadwood with events and entertainment at the Silverado-Franklin and Deadwood Tobacco Company followed by a scenic ride through the Black Hills, ending up at the Sturgis Buffalo Chip for a special riders-only reception with complimentary food, drinks and triple-headliner concert featuring Jared James Nichols, the Doobie Brothers and Kid Rock. To highlight festivities, a special live auction will be held in Deadwood for the sale of the 2013 Legends Ride custom Harley built by the students of Sturgis Brown High School.
“The Legends Ride has grown and given back to charity tremendously in just five short years. The popularity of the event continues to grow, and we are grateful to be part of something that helps so many,” said George Milos, executive director of the Deadwood Chamber of Commerce & Visitor’s Bureau.
Industry-leading corporations throughout the United States provide support for the Ride that Rocks ™! Their support allows for 100% of riders contributions to be donated directly to the Black Hills Special Olympics and the Sturgis Motorcycle Museum & Hall of Fame. We thank Budweiser, Black Hills Harley-Davidson, the Deadwood Chamber, Epiphone Guitars, GEICO Motorcycle, Hot Leathers, Interstate Batteries, Pepsi Cola Bottling Co., Russ Brown Motorcycle Attorneys, Silverado-Franklin, WOW! and Victory Motorcycles for creating a memorable experience for Legends Riders and sharing our enthusiasm. Tickets can be purchased at www.LegendsRide.com or by calling (605) 347-9000. With tickets in short supply, those interested are encouraged to act quickly.


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Gap Inc. on Monday extended its store closures in North America and Europe past their previously announced April 1 reopening and furloughed most store workers in the U.S. and Canada, "pausing pay but continuing to offer applicable benefits until stores are able to reopen." Gap also reduced its corporate headcount globally, and its executives and board are taking a temporary pay cut, according to a press release. Furloughed workers number more than 80,000, according to a company spokesperson, who declined to share how many corporate employees are affected.
Kohl's is similarly extending store closures "until further notice" and furloughing all store workers and some corporate workers affiliated with store operations, providing benefits but not pay past the previously announced two weeks. That affects some 85,000 employees, the company told Retail Dive.
Kohl's took other financial measures, including cutting some $500 million in capital expenditures; reducing marketing, technology and operations while stores are closed; suspending share repurchases and evaluating dividends; and fully drawing down its $1 billion revolving credit facility.
The livelihoods of retail workers are under siege as the industry attempts to minimize the financial fallout from the COVID-19 pandemic. With the 125,000 or so announced by Macy's on Monday, nearly 300,000 were furloughed on that day alone. Designer Brands, Build-A-Bear and others have also announced furloughs of the vast majority of their employees in recent days.
It's a hardship that comes to a workforce already confronting relatively low pay. These employees do have some options. In its release, Kohl's said that "those impacted may benefit from the recently passed coronavirus stimulus legislation." And Gap Inc. provided an employee resource page with information on retailers that are still hiring, with direct links to apply to the likes of Walmart, Target, CVS and Amazon.
But labor advocates say retailers must do more. On Monday, the United Food and Commercial Workers (UFCW) International Union, representing some 1.3 million workers including retail, threw its support to Amazon warehouse workers, Instacart workers and Whole Foods workers walking off the job this week to protest what they call too-low pay and weak protections amid the disease outbreak.
And in a statement emailed to Retail Dive on Monday, Stuart Appelbaum, president of the Retail, Wholesale and Department Store Union (RWDSU), said that Macy's hasn't gone far enough to support its workers, including those affiliated with the union, who are covered under a collective bargaining agreement.
"Two weeks ago we negotiated historic provisions for workers that expire on April 1st. Critically it included plans to negotiate future terms, which we are still doing," Appelbaum said. "Macy's needs to do much more for its employees than what they have announced so far — and we are pushing them to do that. They will be judged in the future by how they treat their employees now."
Labor is among the top expenses in retail, and right now that's not being offset by sales from stores — hence the drawdowns from credit revolvers on the part of retailers of varying financial strengths, including Macy's, Nordstrom, Kohl's and others.
"The industry needs access to capital. We're in an environment where cash is king," Jane Hali & Associates analysts wrote in a report emailed to Retail Dive. In addition to drawing down on their existing capital facilities, retailers both strong and struggling are turning to banks to expand those facilities, and stronger ones to private equity and alternative asset managers for investments, they also noted.


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NASHVILLE, Tenn. and LOS ANGELES, Jan. 14 /PRNewswire/ -- Soles4Souls (www.giveshoes.org) and Sport Chalet have joined forces to bring shoes and other aid to victims of the devastating earthquake in Haiti.
Sport Chalet will help collect footwear to support Soles4Souls' commitment to donate more than 250,000 pairs of shoes as well as other necessities, including food, bottled water, medical supplies and baby products, to affected areas. Beginning January 15, customers at Sport Chalet's more than 55 stores will have the opportunity to drop off a gently worn pair of shoes. All donations will directly support relief efforts.
Soles4Souls has partnered with Operation Compassion, a charity that mobilizes support for victims of natural disasters around the world, to transport and distribute the aid. Thirty containers of supplies, including work boots, rain boots, children's athletic shoes and clothing items, are already en route to Haiti.
"As we struggle to comprehend the magnitude of this disaster, we cannot forget how important basic necessities – such as shoes – will be in the ongoing rescue and rebuilding efforts," said Wayne Elsey, Founder and CEO of Soles4Souls. "We deeply appreciate the support of Sport Chalet and their customers in helping us provide shoes and other essential items to survivors and volunteers as they work in horrific conditions."
The death toll from Tuesday's quake continues to rise, and survivors and rescuers are facing dire health conditions including stifling heat, lack of clean water, broken glass and raw sewage.
"Being reminded of how fragile our world is, and seeing the devastation that has affected so many, makes it evident that our continued partnership with charities like Soles4Souls is more relevant than ever," said Craig Levra, Chairman and CEO of Sport Chalet. "With 55 Sport Chalet drop-off locations in four states, we are asking our customers, our employees, and our vendors to stop by and donate their gently worn shoes for those so tragically affected by the earthquake in Haiti. Since we live with this same threat every day, it is a natural response for Sport Chalet to help, and we are so pleased to be able to do so."
For more information on how to get involved and donate to the victims in Haiti, visit www.giveshoes.org.
Soles4Souls is a Nashville-based charity that collects shoes from warehouses of footwear companies and the closets of people like you. We distribute these shoes, free of charge, to people in need around the world. Since 2005, Soles4Souls has given away over 7 million pairs of new and gently worn shoes (currently distributing one pair every 9 seconds). The shoes have been distributed in 125 countries, including Haiti, Kenya, Nepal and the United States. Soles4Souls is a 501(c)(3) recognized by the IRS and donating parties are eligible for tax advantages.
About Sport Chalet
Sport Chalet, founded in 1959 by Norbert Olberz, is a leading operator of full service specialty sporting goods stores in California, Nevada, Arizona and Utah. The Company offers over 50 services for the serious sports enthusiast, including backpacking, canyoneering, and kayaking instruction, custom golf club fitting and repair, snowboard and ski rental and repair, SCUBA training and certification, SCUBA boat charters, team sales, racquet stringing, and bicycle tuneup and repair throughout its 55 locations. For more information, visit www.sportchalet.com.


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What So Not teases release of ‘Stranger Things’ remix
Just days ago, the internet was set abuzz with the first official trailer for Netflix’s smash hit, Stranger Things. To add to the frenzy, What So Not appears to have added his own announcement to the fray.
Stranger Things coming soon. https://t.co/huO8WOa1sT
— WHAT SO NOT (@WhatSoNot) July 23, 2017
Since last year, the producer has teased his rendition of the signature theme song. It appears the wait for the coveted remix may soon be over, if the tweet is indeed hinting at its release.
For now, fans can enjoy this live cut of the track, which the producer has been playing at festivals for months.
H/T: EDM Tunes


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ROLLING STONES: Fans Lick Up Tix
The two Rolling Stones shows in Newark in December sold out immediately.
Tickets for The Rolling Stones' two U.S. shows in December in Newark are priced between $125 and $845 each, but they didn't stop fans from buying them. They were gone within minutes when they went on sale Friday afternoon. The two shows -- December 13th and 15th -- at the Prudential Center are the only two U.S. dates this year, although there are indications that they will tour next year. But fear not, you will be able to watch the final show -- December 15th -- from the comfort of home as it will be available live on pay-per-view.
The other two shows are next month in London at the O2 Arena and those tickets also sold out right away.


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Did you know that Disney owned Marvel Comics? You do now, as Marvel is putting out a licensed comic from the ABC show Castle, which stars nerdlebrity godhead Nathan Fillion as a mystery writer who also solves crimes. The GN will not be an adaptataion of the show, however, but a story about Castle’s best-selling character, Derrick Storm.
Tellingly, this will not be a periodical, but a standalone graphic novel, due in September, written by Brian Michael Bendis and Kelly Sue DeConnick with art by Lan Medina and a cover by Carlo Pagulayan.
In the past, Marvel avoided all but a very few licensed comics based on TV or movies — HALO being the most notable exception, from a video game — presumably because the licensing costs didn’t help the bottom line any. Obviously, CASTLE is also a Disney-owned property, so all the costs are probably in “Disney dollars.” Plus, by spinning out the fictional world, this comes under pure transmedia expansion.
There are a few other Disney/ABC properties that might make good comics — LOST: THE ADVENTURES OF HURLEY AND BEN anyone?
Marvel Entertainment and ABC Studios are proud to announce Castle: Richard Castle’s Deadly Storm, an all-new hardcover graphic novel inspired by the popular “Castle” television series. This 112 page hardcover hits comic shops and bookstores everywhere on September 28th, 2011. Fans can get a first look at the upcoming graphic novel, when Richard Castle (Nathan Fillion) reveals the cover on “Knockout,” the Season Finale of “Castle,” MONDAY, MAY 16 (10:01-11:00 p.m., ET) on the ABC Television Network.
When viewers first met Richard Castle, he had reached celebrity author status with the success of his Derrick Storm mystery novels. In an unprecedented collaborative effort between Marvel, ABC Studios and the producers of “Castle,” the adventures of Derrick Storm will be chronicled in an all new graphic novel from some of the most accomplished creators in the industry. “I am honored and humbled to see Derrick Storm join the ranks of some of the greatest heroes of all-time,” said Richard Castle. “Being a part of the Marvel family is a childhood fantasy come true for me.”
Castle: Richard Castle’s Deadly Storm brings together a star studded cast of the best creators in the industry, including co-writers Brian Michael Bendis (Avengers, Ultimate Comics Spider-Man) and Kelly Sue DeConnick (Captain America And The Secret Avengers); interior artist Lan Medina (Fables); and cover artist Carlo Pagulayan (Planet Hulk).
“We are incredibly excited to be partnering with marvel to bring Richard Castle’s early literary works to life,” said Andrew W. Marlowe, “Castle” creator/executive producer. “It’s a great way to expand the Castle universe for all our fans.”
The release of Castle: Richard Castle’s Deadly Storm marks the first adaptation, in any medium, of the Derrick Storm novels by New York Times best-selling author Richard Castle.
“It’s exciting to bring the Derrick Storm novels to life for the first time ever” said Axel Alonso, Marvel Entertainment Editor in Chief. “Whether you’re new to the world of ‘Castle’ or a long time fan, there’s something for everyone in Castle: Richard Castle’s Deadly Storm—and it’s the kind of book that reaffirms Marvel’s commitment to creating new fans of comic books.”


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Honda Australia is advertising special offers on its HR-V range until December 31, 2023.
Buyers of the entry-level HR-V Vi X can receive a $1800 discount on the drive-away price, which brings the sticker down from $36,700 to $34,900 drive-away.
Meanwhile, if you opt for the top-spec HR-V e:HEV L you'll receive an extended seven-year warranty and seven years of roadside assistance – up from the usual five-year coverage – in addition to the five years of $199 services.
These offers are valid until December 31, 2023.
Last month Honda Australia's boss confirmed improved supply was on the way, after a lengthy period of extended wait times and stock shortages for the Japanese brand.
"Many participants in the media have talked about Honda's volume after we've gone to agency. We've mentioned a number of times [our current] volume has purely been because of supply – semiconductor, parts shortages," said director of Honda Australia, Carolyn McMahon, at the recent launch of the new CR-V.
"We're actually able to pull forward and have a lot of stock come in over a shorter period of time, to fulfil backorders and and give people more choices. And that gives us the chance to run the new [business] model with no stock disruption."
"At the moment there's more stock coming back from within the industry, but what we're looking to do is communicating through our 100 Honda Centres that stock is available, come and get something before Christmas. There will be very limited waiting times as we go forward," Ms McMahon added.
CarExpert can help you find a deal on your new car. Check out our deals page for more.
MORE: Everything Honda HR-V
Content originally sourced from: CarExpert.com.au
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Nike File Lawsuit Against Mesut Özil
A Dutch court has ruled that Mesut Özil is no longer allowed to wear adidas branded boots. Nike filed a lawsuit against the Real Madrid midfielder in Amsterdam on the basis of a 'matching right' clause in Özil's Nike endorsement contract that expired in July of this year.
The German international has made a number of competitive appearances wearing adidas football boots this season. Despite no longer being endorsed by Nike, the American sports giants have the right to equal any official offer made by potential rival sponsors before Özil can legally switch boot brands.
According to Özil and his representatives, no contract has been agreed with adidas. However the court has questioned Özil's motives to start wearing adidas boots, finding it unlikely that Özil would switch boot brands without a deal already being in place - athletes rarely leave a sponsor without having another lined up.
Any deal from another sponsorship brand has not been presented to Nike, meaning Özil is not fulfilling his contractual obligations. The court has ruled in favour of Nike and decided that Özil must outline any offer presented to him, therefore allowing Nike to come back with a new offer in return. Failure to do so will result in a €150,000 fine a day.
While this 'matching right' process is taking place Özil can no longer wear the three stripes on his feet. The court has hit him with a 180 day ban on wearing adidas branded boots, meaning Özil can either wear unbranded boots - such as the all white f50 adizero - or return to wearing Nike, as he did against Celta Vigo this past weekend.
It's a rather messy situation. The likely situation is that adidas, Özil and co. were hoping to ride out the 180 day period without making an 'official' offer. Therefore not allowing Nike to table a counter bid for the player.
Özil's future will depend on how much Nike wish to hold on to the Real Madrid superstar. There are suggestions adidas are willing to make him their record signing with a €20m deal. Should Nike match this, the decision will be in the hands of Özil.


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The Samsung Galaxy S10 has leaked again, this time in a very official looking photo of the handset showing off its triple lens rear camera system. It may look like a phone thief showing off his ill-gotten gains on a suburban British street, but a lot of Samsung’s ‘lifestyle’ promo photos do look like this.
- Samsung Galaxy S10 price, release date, features and leaks
- Expect Samsung Galaxy S10 to launch in February 2019
The newly leaked image comes from ever reliable leakster IceUniverse who shared the shot on Twitter, simply saying the handset name.
There are expected to be a host of new S10 variants due early in 2019 including the S10, S10+, a 5G S10 and potentially an S10 Lite model. Each is expected to feature different displays as already teased officially by Samsung.
While the top end model should feature an entirely bezel free display, more affordable variants should feature notches like the Infinity-O floating camera and Infinity-V teardrop style camera systems.
Cameras should also vary across the range with the top-end model getting that side aligned triple lens camera system and more affordable variants sporting dual and even single lens rear snappers.
The new under-screen ultrasonic fingerprint sensor may appear on all the handsets since they should each have no bezel around the edges or at the bottom of the phone. This leaked photo does show no rear place fingerprint sensor.
Samsung is expected to launch the Galaxy S10 at MWC in February.


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Want to customize your Mac(s aapl)? Unless you’re happy with making changes to the RAM, or really nothing at all on MacBook Air models, you face limited options these days. But newly announced Thunderbolt(s intc) accessories could soon help your Mac do a pretty good impression of more expensive professional machines, like the Mac Pro.
Magma’s three-slot expansion chassis for Thunderbolt, the ExpressBox 3T announced by the company on Wednesday, is a perfect example of how Intel’s high-speed I/O port, which ships on nearly all new Macs, could bring back a greater range of customization options for owners of Apple computers. The accessory will allow you to use any PCIe 2.0 cards with Thunderbolt-equipped Macs, including video capture devices, media transcoding tools and high-speed data storage.
The ExpressBox 3T can be daisy-chained with up to six Thunderbolt devices, including the new 27-inch Cinema Display that Apple just recently began shipping to stores. It also could mean that PCIe graphics cards will let less powerful machines like the MacBook Air keep up with higher end devices for gaming and video editing applications.
It’s another step along the path of Thunderbolt allowing Mac notebooks to become powerful workstations through single-cable plug-in solutions, something which can’t come fast enough in my opinion. Portable computers already account for the bulk of PC sales, and if tech like Thunderbolt can ensure that we can have portability without sacrificing power, storage or speed when settling in to performing demanding tasks, we should be able to move closer still to Jobs’ Post-PC era.
Magma hasn’t announced pricing or availability info for the ExpressBox 3T yet, but the company will be showing off the device, and possibly releasing more information at the Intel Developer Forum in San Francisco, which runs Sept. 13 – 15. Sonnet, which makes the upcoming ExpressCard/34 Thunderbolt adapter, has also announced PCIe expansion chassis products, but no details about its release timeline have yet been unveiled. Let’s hope they all hurry up and get here so we can see what Thunderbolt is really capable of.


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tech2 News StaffSep 29, 2017 09:26:23 IST
Andy Rubin’s Essential phone which was released on 9 September, as per a report has sold an abysmally low number of 5,000 phones.
The Essential phone was among the most-awaited phones, especially coming from founder of Android, Andy Rubin. According to GSMArena, a BayStreet Research report suggests that since the phone went on sale, it has sold only 5,000 units.
Essential igot a lot of flak for the delays in shipping the smartphones. The phone which was unveiled in May, was supposed to be shipped in June. Later on 25 August in a first-look event, the phone was showcased worldwide. This was followed by e-mails, sent by the company regretting the fact that shipping would take some time.
Finally, on 9 September, the phones started shipping.
The Essential phone, PH-1, is made up of Titanium and is priced at $699 in the US (approx Rs 44,800). It features a 5.7-inch bezel-less design display with QHD resolution and a 19:10 aspect ratio. The smartphone also features the world's smallest modular 360-degree camera which can be purchased as a $50 (approx Rs 3,200) accessory with the phone.
The Essential PH-1 smartphone is powered by the Qualcomm Snapdragon 835 chipset which also bundles in the Adreno 540 GPU. The device comes with 4 GB RAM and 128 GB of internal storage.
Another interesting update to the Essential phone is that Android co-founder Andy Rubin's Essential PH-1 phone launched in August runs a clean, near-stock Android Nougat 7.1 OS. The company had so far not confirmed about receiving an update to Android 8.0 Oreo, and that had left users wanting to know how long they would have to wait for the update. The company, then responded on Twitter, tweeting that an Android 8.0 Oreo update was coming soon.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.


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Nike spikes on earnings after getting a big boost from digital (NKE)
- Nike shares rose 8% in after-hours trading Thursday after beating analysts' expectations on both the top and bottom line.
- The sneaker giant said it got a big boost from its digital business.
- Watch Nike trade live.
Nike shares jumped 8% in after-hours trading Thursday after the company reported second-quarter results that topped Wall Streets estimates on both the top and bottom lines.
Here's what Nike reported, compared to what analysts surveyed by Bloomberg were expecting:
- Earnings per share: $0.52 vs. $0.46 expected
- Revenue: $9.37 billion vs. $9.17 billion expected
- Gross margin: 43.8% vs. 43.5% expected
"Nike's ambitious digital transformation is driving strong results and momentum in North America and in our international geographies,” Mark Parker, Nike's chief executive officer, said in its earnings release. The report showed revenue for the Nike brand jumped 14% on a currency-neutral basis, driven by strong growth in digital.
Ahead of the earnings, Morgan Stanley analyst Lauren Cassel said she expected the results would "help to calm investor fears of a China and/or broader international slowdown," adding that they would be a "positive catalyst for the stock."
Cassel has an "overweight" rating and $103 price target — 54% above where shares were trading Thursday.
Nike was up 7% this year through Thursday.
- Nike gave us a glimpse into the store of the future this year
- Opinion: Here's why more brands, like Nike with Colin Kaepernick, are openly liberal
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