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Here's our weekly look at the intersection of business and sports. This week, we bring you an all-Super Bowl edition of our weekly offering.
The Pre-Super Bowl Winner and the Loser
The Patriots and Giants are two of the NFL’s most popular teams, hailing from two of the country’s biggest media markets and ranking as two of the most valuable franchises in all of sports. Add it all up and Sunday’s game will be a great one.
Particularly happy with the match up are corporate sponsors, as the game’s two quarterbacks are amongst the most prominent product spokesmen in all of sports.
Patriots QB Tom Brady ranked 3rd overall in the Bloomberg/Horrow Sports Ventures Power 100 and endorses Under Armour, Audi and Movado.
Unfortunately, not everyone can be a winner. The organization that manages Lucas Oil Stadium expects to lose money from hosting the Super Bowl!
Indianapolis’s Capital Improvement Board is budgeting for $7.2 million in revenues against expenses of $8 million. The biggest expense is $4 million for extra police.
Of course, that’s a small price to pay relative to the expected $150 million in economic impact.
Super Bowl Firsts
Every Super Bowl is special, but Sunday’s broadcast from Indianapolis will be unique for a few different reasons. For the first time ever, the Super Bowl will be available for streaming through Verizon mobile devices and online, where viewers will have access to multiple camera angles, live stats, and replays of Super Bowl ads.
Another first for NFL, the Disney Institute is training all volunteers in Indianapolis to ensure the customer service at the Super Bowl is flawless.
The Disney partnership aligns with the league’s “Fans First” initiative. Last year’s game in Dallas was plagued with problems.
Even the ads are setting milestones and making headlines.
NBC has sold out of its ad inventory for the game broadcast, averaging a record $3.5 million per 30-second spot.
Incredibly, some ads sold for as much as $4 million. The average cost for a 30-second commercial in Super Bowl I was $42,000, or adjusted for inflation, $266,500.
Super Bowl Advertisers Beware
With more than 100 million people expected to watch live, the Super Bowl presents an incredible opportunity for marketers. With that opportunity, however, comes a tremendous cost.
The multimillion-dollar question is are the ads worth it?
From a stock market perspective, the answer is yes. Super Bowl advertisers from 1996 to 2010 outperformed the S&P 500 by more than 1% on average in the week before and after the game, according to a study by the University of Wisconsin-Eau Claire.
The boost in share price is attributed to the hype associated with advertising in the Super Bowl. It also explains why more than 50% of ads this year already are available online. Public companies advertising in this year’s game include Best Buy, Coca-Cola and GM.
Given how critical fans are of the ads, corporations need to make sure they can afford to fall flat. $4 million for 30 seconds is more than some companies’ entire ad budgets.
One of the most prominent examples of a Super Bowl ad gone bad was Just For Feet. The shoe retailer aired a racially insensitive ad during the 1999 game and filed for bankruptcy by the end of the same year. Advertiser beware…
Rick Horrow is the "Sports Professor," and is the Sports Business Analyst for Fox Sports. He has been the Visiting Expert on Sports Law at the Harvard Law School, and has authored "When the Game Is on the Line" and "Beyond the Scoreboard: An Insider's Guide to the Business of Sports." His show "Beyond the Box Score" is posted on a weekly basis on FoxSports.com, and the latest emerging trends in sports business can be found at www.horrowsports.com.
Brian Finkel is Creative Director for Horrow Sports Ventures. You can follow him on Twitter @TheFinkTank.


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Money is starting to pour into health care ads.
An increasingly fragmented society means getting comfortable with uncertainty.
Kantar Futures data show Americans were receptive to Trump's message.
Kantar Media assesses the coming disruption of available TV ad time by political advertisers in 2016
Trump, Clinton, and Americans' uniquely strong belief that politicians must have a moral grounding
More LGBTQ than straight respondents feel vulnerable to health and welfare issues, discomfort over uncertainty in their lives
Kantar looks at whether young people will stand up and be counted on 8th November View more
Looking at how people aged 12-19 feel about politics ahead of the US election View more
Trump's website receives almost three times as many search clicks as Clinton's View more
Study: Clinton brand akin to American Airlines, USPS; Sanders brand to Instagram; Trump brand unlike any in 100,000-brand database View more
2,334 advertisers spent $17.9 million to sponsor the cyber security keyword group we examined.
Brands need to establish themselves as privacy protectors
Tencent hits a hat-trick as it tops the ranking for the third year. Alibaba returns to No.2.
Apple and Google face no real challengers.
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As predicted, Lexus was indeed planning to unveil the all-new Lexus LC 500 super sports car at the Detroit auto show. Excitingly, the new model has already been confirmed for Australia.
Clearly inspired by the LF-LC concept car, the new LC is built on a brand new platform called the Global Architecture Luxury (GA-L). Lexus is calling it the most torsionally rigid setup the company has ever made.
Providing propulsion is a 5.0-litre naturally aspirated V8 producing 351kW of power and 530Nm of torque. It’s capable of seeing 0-100km/h in under 4.5 seconds. Part of the speed comes thanks to an all-new 10-speed automatic transmission.
As for the exterior and design? It’s a stunning piece of work. It uses a 2870mm wheelbase with very short front (920mm) and rear (970mm) overhangs for that proper sports car look. There’s also L-shaped daytime running lights, futuristic taillights, triple LED headlights, and a set of 20- or 21-inch forged alloy wheels.
Inside, it’s a similarly spectacular setting, infusing elegance and racing cockpit-like themes, with plenty of luxury touches of course. Lexus says it engineered the driver’s hip point to be as close as possible to the car’s centre of gravity, where feedback from the car is most communicative. Special attention was also spent on where the driver’s eyes focus, with surface shapes helping to “support a driver’s mindset”.
Speaking about the flagship sports coupe, Lexus chief branding officer and Toyota president Akio Toyoda said the LC 500 “epitomises the new spirit of Lexus and will act as a lighthouse model” for its expanding range. Toyoda said:
“A few years ago we decided to guide the future of the brand with products that had more passion and distinction in the luxury market. This flagship luxury coupe’s proportions, stunning design and performance make a strong statement about our brands’ emotional direction, and will grow the Lexus luxury appeal globally.”
And he means globally. Lexus Australia has confirmed the LC will go on sale locally in 2017. Prices are yet to be announced but we can expect them to be near the top of the showroom range.


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Six Time Winner & Record Holder "Monster" Tajima to Race Electric Racecar up Pikes Peak
Last month Mitsubishi announced that it will be running an i-MiEV based race car up Pikes Peak in this year’s version of the famed Pikes Peak International Hill Climb. Now comes word that six time consecutive winner and current Pikes Peak course record holder Nobuhiro “Monster” Tajima (you can see his record run from last year below) will be attacking the mountain in another electric car, sponsored by Japan’s Association for the Promotion of Electric Vehicles, a trade group of over 170 companies with an interest in EVs, including Toyota and Tesla. Winning an event six times in a row in any form of motorsport is impressive. Doing that and setting a course record at 62 years old is even more impressive. As the saying goes, he’s big in Japan. Tajima has joined the APEV as a “commissioner” and his high profile will be used to promote EVs and APEV’s environmental and humanitarian efforts, including aid to victims of last year’s earthquake and tsunami.
Those environmental and humanitarian efforts ironically come as Bloomberg reports that EV’s have lost some of their green sheen in Japan in the wake of the tsunami caused meltdowns at the Fukushima Dai-ichi power plant.
Things have changed since Bobby Unser won the Pikes Peak International Hill Climb in 1958. Henry Ford Museum - Racing in America collection
Tajima is certainly no novice and this isn’t going to be just a publicity stunt as Team APEV and Tajima aim to set a new overall record in the EV racer. The idea is not too dissimilar from that of the DeltaWing Lemans effort – leapfrog conventional designs in a high profile motorsports event and people will have to pay attention to you.
No word yet on technical specs. It’s a purpose built, close bodied race car, looking a bit like a LeMans prototype. The car’s drawing wears a Tajima badge so I think it’s safe to assume that Tajima Racing will be prepping this car just as with Monster’s record setting Suzuki SX4 last year. It’s also safe to assume that GoPro, one of Tajima’s sponsors, will be shooting his attempt like they did last year, though with the rollout of the GoPro 3D Hero system, I’ll probably be able to nudge you to watch any possible record run in 3D.
Events like the Pikes Peak climb are perfect for showcasing EVs because it’s a fixed distance, essentially a time trial where you’re not concerned with conserving energy. Hill climbs also favor electric motors’ torque characteristics. In that way, the PPIHR is not unlike drag racing, another motorsport where electric propulsion is gaining advocates. Nissan entered a Nissan Leaf last year and Summit Motorsports set the current EV record last year in a scratch built racer built around an AC Propulsion drivetrain, 12 minutes and 20 seconds. If “Monster” does match or beat his current record, that will shave almost 3 minutes off of the EV record. Last year he became the first racer to make it up Pike Peak in less than 10 minutes, at 9:51. From the looks of the drawing of the Team APEV car and the size of the front air intake, the batteries, electronics and motor will be generating some heat during that ten minutes or so.
Ronnie Schreiber edits Cars In Depth, a realistic perspective on cars & car culture and the original 3D car site. If you found this post worthwhile, you can dig deeper at Cars In Depth. If the 3D thing freaks you out, don’t worry, all the photo and video players in use at the site have mono options. Thanks for reading – RJS
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Another neat thing about electric motors is that they don't lose horsepower when the air pressure gets lower towards the top of the climb. Chip Yates ran an electric motorcycle up Pikes Peak last year in 12 minutes 50 seconds (the dirt section really killed him; the bike was based on a GSX-R chassis). He mentioned that the best part was how the motorcycle made the same 240 hp at 14,000ft that it did at sea level.
What kind of top speed do the fastest cars see during the climb?


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Kotak Mahindra Bank Limited (Kotak) on Thursday announced an increase in the interest rates on fixed deposits over multiple maturity baskets for its retail customers by up to 0.35 percent.
The increase in FD (Fixed Deposit) rates comes after the Reserve Bank of India announced a 40 basis point increase in its repo rate, Kotak said in a press release.
The Reserve Bank of India (RBI) unexpectedly raised its benchmark repo rate — at which it lends short-term money to banks — by 0.40 percent to 4.40 percent on Wednesday to keep inflation in check. the wake of rising global commodity prices fueled by the war between Russia and Ukraine.
“The increase will be effective from May 6 on all deposits below Rs 2 crore,” the private sector lender said.
For 390-day deposits, the new rate will be 5.50 percent, up 0.30 percent.
On money deposited over 23 months, customers will get a savings rate of 5.60 percent, up 0.35 percent, the bank said, adding it will offer seniors a 6.10 percent savings rate on 23-month deposits. and more.
Virat Diwanji, Group President – Retail Liabilities & Branch Banking, Kotak Mahindra Bank, said: “This increase in the fixed deposit rate is a golden opportunity unleashed after nearly two years of low interest rates in the economy. We are one of the first banks to announce this walk.” Now is the right time for consumers to save for their cherished goals and take advantage of higher returns on their savings, he said.
(This story was not edited by DailyExpertNews staff and was generated automatically from a syndicated feed.)


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Con-Vey offering virtual start-ups and commissioning
July 8, 2021 By Con-Vey
Con-Vey is excited to share their continued initiative to expand virtual business practices.
From incorporating new, advanced technologies that use digital twins and augmented reality to attending online trade shows and events like the International Mass Timber Conference last Spring, Con-Vey is making a concerted effort to stay ahead of the curve. And although this shift to a more virtual world is occurring across most industries today, Con-Vey is going above and beyond the norm to advance, including working remotely with customers.
“We’re really excited about the ability to offer remote startups and commissioning for our customers,” said Con-Vey mechanical engineering manager, Spencer Heard. Remote assistance has allowed the engineers at Con-Vey to monitor and trouble shoot customer equipment from the convenience of their desk.
With programs like ABB RobotStudio, virtual reality software, and Autodesk Inventor Shared Views, the Con-Vey team can seamlessly design, program, visualize, and collaborate not only together but with their customers as well. Con-Vey’s engineers and field technicians are even using mixed reality smartglasses, called Microsoft HoloLens, to streamline their remote commissioning, communication, trouble shooting, and visualization.
Dave Larecy, Con-Vey’s president and CEO, explained that “the spirit of Con-Vey is to find innovative solutions and incorporate them into our everyday business activities, which includes utilizing advanced technology to better equip our employees and ultimately better serve our customers.”
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FTC Challenges Amgen Acquisition of Horizon: More to Come Under Broadened Section 5
The Federal Trade Commission (“FTC”) has petitioned to block the proposed $27.8 billion acquisition of Horizon Therapeutics by Amgen Inc., one of the world’s largest biotechnology companies. The FTC cited concerns that the acquisition would enable Amgen to leverage its product portfolio to foreclose potential rivals to Horizon’s blockbuster drugs through cross-market bundling. The FTC’s complaint is part of its broader approach of challenging conduct beyond the bounds of the Sherman or Clayton Acts under Section 5 of the FTC Act.
Amgen is complying with the complaint filed by the FTC on May 16, 2023 (Federal Trade Commission v. Amgen Inc., Case No. 1:23-CV-03053)pursuant to Section 13(b) of the FTC Act, which authorizes the commission to seek preliminary injunctive relief when it has reason to believe a proposed merger is unlawful. The lawsuit serves to prevent the consummation of a merger through a temporary restraining order until its legality is adjudicated in an administrative proceeding. To succeed on merits, the FTC must now prove that Amgen’s acquisition of Horizon is in violation of Section 7 of the Clayton Act, which prohibits mergers that would substantially “lessen competition, or to tend to create a monopoly.”
The FTC complaint argues that the proposed acquisition would “substantially [lessen] competition in the markets for the sale of FDA-approved drugs” to treat thyroid eye disease (“TED”) and chronic refractory gout (“CRG”), for which it claims Horizon currently holds monopolies as the only FDA-approved treatment in each respective market. One of the FTC’s concerns is cross-market bundles or bundled rebates, a tactic it claims Amgen already employs. Under this strategy, the FTC argues that Amgen would negotiate larger rebates for one product in exchange for preferred formulary placement for another, a practice called cross-bundling. Specifically, the FTC alleges that Amgen’s acquisition would enable it to cross-bundle Horizon products by making rebates to pharmacy benefit managers (“PBMs”) or payers (e.g., health plans) on Horizon’s blockbuster drugs contingent upon favorable formulary placement of Amgen’s drugs. The complaint cites this strategy as particularly appealing for Horizon’s TED drug, Tepezza, and CRG drug, Krystexxa, as they have “limited direct competition” and account for a large portion of Horizon’s net sales – 54% and 20%, respectively. The concern also arises out of the FTC’s contention that Amgen has a history of offering rebates for its rheumatoid arthritis medication Enbrel in exchange for preferred formulary placement.
In Amgen’s response, it explains that Amgen and Horizon “treat different diseases and patient populations” with “no overlaps of competitive concern.” Specifically addressing the FTC’s claim that Amgen may bundle its drugs in the future, Amgen calls it “entirely speculative and does not reflect the real-world competitive dynamics.” Notably, the complaint does not include allegations of the traditional horizontal effects such as attempted monopolization of a product market. Additionally, Amgen offered a consent decree that it would not “bundle the Horizon products raised as issues;” however, the FTC did not accept this proposed remedy. Amgen’s press release also states that it is “unaware of any prior acquisition that has been blocked under a bundling theory.” This is the first time the FTC has challenged a merger for reasons beyond specific product overlaps. If the expected negotiation between Amgen and PBMs leads to lower prices, the FTC will have to tackle the fact that courts have found that bundling is not always anti-competitive, in addition to proving how this merger would harm competition.
This suit marks the first FTC challenge of a pharmaceutical merger in recent memory and according to FTC Bureau of Competition Director Holly Vedova, “sends a clear signal to the market: The FTC won't hesitate to challenge mergers that enable pharmaceutical conglomerates to entrench their monopolies…” This is part of a broader approach of the FTC’s enforcement of Section 5 of the FTC Act. In November 2022, the FTC rescinded and replaced its previous 2015 Statement of Enforcement Principles Regarding “Unfair Methods of Competition.” The new Policy Statement states that Section 5 allows the agency to challenge conduct outside the bounds of the Sherman or Clayton Acts. The statement includes a non-exhaustive list of types of claims the agency intends to challenge, called “standalone Section 5” cases, including bundling, tying, and loyalty rebates. Additionally, the FTC contends that Section 5 does not require the conduct to “directly [cause] actual harm,” rather it examines whether the conduct “has a tendency to generate negative consequences.” Section 5 also allows the agency to challenge conduct without a showing of market power or market definition. Moreover, the “rule of reason” analytical approach that is the focus of most challenges under the Sherman Act is not required under Section 5.
Amgen’s statement reinforces its commitment to the acquisition and states that it intends to work to close the transaction by mid-December. However, this move by the FTC may signal more scrutiny of M&A in the pharmaceutical industry to come.


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Australia’s capital plans to stop selling new petrol and diesel vehicles starting in the middle of the next decade, according to unconfirmed reports.
Up to nine out of every 10 new cars sold in the Australian Capital Territory could be electric until 2030, before banning the sale of new petrol and diesel cars from 2035, according to unconfirmed media reports in the past 24 hours.
Major news media Sydney Morning Herald AND Guardian have reported that the ACT Government will later this week release a strategy paper detailing a plan that 80 to 90 per cent of ‘light vehicle’ sales – passenger cars, SUVs and light commercial vehicles such as most vans and vans – to be electric by 2030.
However, some specific details about the ACT proposal have been released and whether the sale of new petrol and diesel cars will be banned from 2035 – or if petrol and diesel cars start disappearing from showrooms from 2035 (and banned entirely at a later date).
Even though there is record demand for electric cars in Australia – and manufacturers can’t keep up with supply, leading to long waiting times – “new incentives and programs” are said to be introduced in the ACT to boost electric vehicle sales. However, details about these plans also remain scarce at the moment.
The ACT Government currently offers two years of free registration for purchases of new “zero emission” vehicles (fully electric and hydrogen fueled) until 30 June 2024, as well as a stamp duty exemption.
The current strategy has been welcomed by supporters of zero-emission cars and criticized by those who say such vehicles are getting a free boost.
“The phasing out of new fossil fuel vehicles in the ACT from 2035 will bring similar benefits to residents with cheaper cars to drive, cleaner, quieter roads and less dependence on foreign oil ,” said Lindsay Soutar, senior campaigner at Greenpeace Australia Pacific.
However, Australian Automobile Dealers Association CEO James Voortman said: “We have serious concerns that this policy will have negative consequences for the automotive industry, the people they employ and consumers in the ACT.
Electric vehicles are currently more expensive and there is currently a distinct lack of choice in the makes and models available. These factors may change by 2035, but this ban has been announced in an environment of great uncertainty.
“It is unclear how the ACT will enforce this ban and prevent consumers from simply buying one [internal combustion engined] the vehicle across the border and re-registering it here as a used car”.
AADA has renewed calls from Australia’s leading automotive industry body, the Federal Chamber of Automotive Industries (FCAI), for the implementation of a national CO2 emissions standard.
“Instead of a crude ban on [internal combustion engines]the best way to reduce emissions is to set a technology-agnostic CO2 standard so that manufacturers have a clear understanding of what they need to achieve and are given the freedom to deploy any technology to achieve this purpose,” Voortman said.
“The transition to low-emission vehicles will have major consequences for Canberrans and all Australians and it is critical that we develop a national strategy to ease the transition.”


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Explore San Diego Insider Tips InformationFind detailed information about Inside Bitcoins San Diego, event profile, venue, dates, organizer information and related events.
Who is using bitcoins in San Diego? - The San Diego UnionNext Report: How The Blockchain Will Revolutionize Charitable Giving.Bitcoin Price Analysis: Week of July 17. Inside Bitcoin NYC in April and Inside.Blockchain Agenda with Inside Bitcoins San Diego 2015 is a conference that was held in San Diego, CA, United States on December 14th.
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Kanye West fans were in a frenzy this weekend after the rapper's latest line of Adidas sneakers, the Yeezy Boost 350, immediately sold out.
Fans waited in hours-long lines outside of Adidas stores from London to Chicago to get the sneakers on Saturday, but the majority of the $200 limited edition shoes were reserved for customers who had pre-ordered online.
Most who went to purchase online day-of were greeted by this:
Just an hour after the sneakers went on sale to the general public Saturday morning at approximately 11:25 a.m. EST, the official Adidas Twitter account posted: "#YEEZYBOOST 350 is now sold out online in the U.S."
People went nuts online, expressing their frustration via Twitter:
—SWISH (@yeezyseason) August 22, 2015
—Hayley Williams (@HayleyWi11iams) August 22, 2015
—TBlake (@TheRealTBlake) August 23, 2015
—O. (@OrunyChoi) August 22, 2015
—Maddi Bragg (@MaddiBragg) August 24, 2015
—winnie martin (@winniemartin_xo) August 22, 2015
—Princess Leah (@leahdoesitbest) August 19, 2015


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A slower pace of economic growth that is more broad-based – that is how one analyst has described Singapore’s economic growth forecast of 3 to 5 per cent this year. It comes as the country’s economy expanded by a better-than-expected 7.6 per cent last year.
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Motorists faced the brunt after heavy rains hits the country on Tuesday, April 16, as vehicles got stuck, leading to damages
To add to the city’s style quotient comes the Afro Arabia Spring 2013 Collection Fashion show to be held at Dubai Mall’s Fashion Catwalk tomorrow.
Fashion Diva Modupe has conceptualised the Afro Arabia Spring 2013 exhibition with the intention of bringing together women to showcase their brand of fashion. Her concept not only gives an outlet for emerging designers, but it also allows other established local and international female UAE resident couturiers to launch their seasonal fashion lines to an audience of prospective consumers and potential buyers.
Exhibiting at the Afro Arabia Spring Collection 2013 Fashion Show in Dubai Mall alongside Modupe Omonze will be: Moroccan-Dutch couture designer Laila Amraoui, contemporary Emirati designer Sumaya Abdulrazak, local designer Mona Abdul Karim of Gulf Princess Abayas and Canadian accessory designer Megan Smith of Dazzling Straps/New Diamond Trading which combines modern abayas with edgy detachable body chains and metal embellishment. There will also be a preview of the Gulf Princess Spring 2013 Wedding Abaya collection.
The show will be held at the Fashion Catwalk from 4pm-6pm, and 7:30pm-9:30pm.
For invitations contact email@example.com or call 055 3035 003
GDRFA chief says with good planning and teamwork, Dubai handles emergencies in a professional manner
Amir retired from international cricket in 2020 after he was dropped from the team
Israeli strikes in Gaza kill 37 Palestinians and wound 68 over the past 24 hours


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Organs produced by 3-D printers; sensors embedded in your body, which actively monitor your health; meat grown in a petri dish; robotic urban gardens. Every one of these technologies either exists or is in development. Eventually, they might change the way we live. That’s the idea behind a new project from Philips Design, which imagines the future of food, twenty years from now.
As Wallpaper* reports, the team produced three imaginary products.
The first is an on-demand food printer, which would readily produce the type of molecular gastronomy that’s made the chef Ferran Adria famous:
The second is a two-part food sensor. First, you’d swallow a monitoring
pill that would track the nutritional content of what you’re eating.
This in turn would communicate with a handheld monitor that would graph
your intake of various essentials. (Incidentally, it’s worth noting
that Philips is actually testing something called the iPill, a plastic capsule you swallow which delivers medicines precisely to areas in the GI tract.)
The last product is perhaps the most realistic (at least in one form or the other). The basic idea is to take technology we already use and miniaturize them for the home. Here, the basic idea is aquaponics, whereby fish and vegetables are cultured together in an artificial ecosystem. The plants, grown hydroponically, clean the water; the fish nourish the plants with their waste:
[Via Wallpaper*, which has lots more pictures]


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Electronic Arts is looking into the possibility of augmenting key franchises such as Battlefield or Medal of Honor with subscription services similar to Activision's Call of Duty Elite. EA Games label head Patrick Soderlund confirmed the possibility in an interview with Venturebeat, saying his work launching Battlefield 3 paved the way for the launch of Star Wars: The Old Republic. He adds that the latter's live-supported, team-integrated launch “forever changed things for us.”
While BF3 launched with the free stat-tracking service Battlelog, Soderlund says the company's undergone “a mental switch” after launching BF3 and ToR back-to-back. He says the company now sees its work on properties like Battlefield as “a 24/7 service. We have people... that are on this every single hour of every single day. 365 days a year.” Now the company's viewing A-list properties like Battlefield and Medal of Honor – not to mention Need for Speed, Dead Space and the like – as constant services.
Is subscription-play the next logical step? “I think it’s fair to say that we’re looking at that,” says Sunderland: “Like all other companies, we’re looking at how we can maximize our investment in this and... get more people playing this product.” Sunderland's fellow label, EA Sports, last year introduced a Season Ticket program as the company's first foray into subscription gaming; Battlefield 3 is soon to get its second big DLC update, the Close Quarters pack, our preview of which you can read here.


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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
In the tug-of-war between compliance and scaling, cannabis companies know this struggle better than anyone. As these innovators continue to pioneer what will hopefully be a mainstream business, they must first push through regulatory obstacles.
Companies like Fyllo, a compliance-focused marketing technology company with a focus on cannabis, are using technology to tackle compliance issues so that cannabis companies can market themselves to the right demographics.
Founder & CEO of Fyllo, Chad Bronstein, spoke on this ongoing battle at the Benzinga Cannabis Capital Conference in Miami.
The problem for brands right now is when it comes to advertising they have to choose between compliance or scale, Bronstein said during a presentation. Do you invest heavily in marketing and risk running afoul of current regulations, or do you rely on word of mouth and other methods to get the word out?
“Unfortunately, compliance remains one of the biggest barriers to growth for an industry that wants to grow fast.”
Reaching The Mainstream Market
For the past several years many brands have been buying billboards because advertising on platforms like Alphabet Inc GOOG and Facebook, Inc. FB, is highly regulated.
“We wanted to make sure that brands didn’t have to choose, they should be compliant and have the ability to scale,” said Bronstein.
Fyllo is solving the cannabis industry’s inability to market themselves on these major platforms by creating technology that accounts for compliance issues, helping cannabis marketers create regulation-ready marketing campaigns that work in more places and across more channels.
In a panel discussion with Akerna Corp KERN and Driven Deliveries Inc DRVD on Cannabis Technology, Bronstein spoke further about cannabis’ movement toward mainstream media.
“We’re developing an ecosystem that allows the brands, even the mainstream brands, to reach the right audiences because [we believe] there is cross-pollination there."
“Cannabis brands are starting to appeal to non-endemic market segments. Like wine lovers who are curious about the relaxing effects of cannabis. Or a mountain biker who wants to recover after a day on the trails.” Bronstein told Benzinga. “In order to reach these audiences, we’re helping cannabis brands explore innovative audience segmentation and reach lucrative markets: fashionistas, wellness warriors, pet lovers and more.”
Using Technology To Disrupt
Thanks to companies like Fyllo, the need to compromise between scale and compliance goes away. Using AI technology that you can run your creative content through to make sure it’s compliant based on state and local government regulations, allows marketers to plan and execute more ambitious campaigns.
Their technology, powered by RegsTechnology, also works to identify the right audience and analyzes the proper strategies and tactics to target that audience.
"We believe that technology can do for the cannabis industry what it has done for almost every other industry in the world: disrupt and accelerate it. Technology can unlock trapped value and accelerate growth for cannabis by removing friction from compliance and other issues that slow growth for cannabis companies today.”
Photo by Roberto Valdivia on Unsplash
The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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German media giant RTL is planning to cut about 700 of the 1,900 jobs in its magazine segment run by the former publisher Gruner + Jahr.To this end, many magazine titles will be discontinued, while investments will be made in the remaining core brands, such as Stern, primarily in digital, the media group announced on Tuesday.The background to the job cuts is feared financial losses in the declining publishing business.
In concrete terms, the plans envisage the following: 13 brands including major names like Stern, Stern Crime and Brigitte as well as the digital sections of the family title Eltern and cookery-focused Chefkoch will remain in the portfolio. According to the company, they account for about 70% of sales.
Investments of around €80 million ($86 million) are planned by 2025.
Continue reading >>


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Delays Limit Robust Sales at Microsoft
Microsoft yesterday reported strong sales for its latest quarter and a profit that slightly surpassed Wall Street estimates, but its financial results were muddled by the late arrival of important new products.
Sales rose 6 percent in the quarter ended in December, to $12.5 billion. But the company said that showing would have been much stronger if it had not deferred $1.64 billion in revenue as a result of delays in the latest versions of its mainstay products, Windows Vista and Office 2007. They will be introduced next week.
Without the one-time move, sales would have been 20 percent higher than in the quarter a year earlier, the chief financial officer, Christopher P. Liddell, said.
The quarterly results “exceeded our expectations across the board,” including healthy sales of PC software, Mr. Liddell said.
In after-hours trading yesterday, Microsoft’s shares were up as much as 58 cents, at $31.03. In the regular session, they had slipped 64 cents, to $30.45.
Microsoft’s video game business surged in the quarter, as revenue grew 75 percent, to $2.96 billion, helped by strong year-end sales of its Xbox 360 console and hit games like Gears of War.
Sales of server software used in corporate data centers also continued to sell strongly, with revenue up 17 percent, to $2.85 billion. Operating profit rose 35 percent, to more than $1 billion. The server group — operating systems, databases and back-end programs for e-mail systems — has become a third strong business for Microsoft, in addition to the lucrative Windows and Office.
“This is a pretty strong quarter with nearly all of the businesses contributing,” said Charles di Bona, an analyst at Sanford C. Bernstein & Company.
Net income fell 28 percent, to $2.63 billion, from $3.65 billion in the period a year earlier, with the fall-off attributable to the deferring of revenue.
To help the personal computer industry cope with the product delay, Microsoft offered free or discount coupons for upgrades to Windows Vista and Office 2007. That allowed PC makers to sell new computers late last year with the promise that users would be able to upgrade to the new Microsoft products, and prevent PC sales from stalling.
Microsoft did not recognize the Windows or Office revenue from those machines until users purchased the upgrade coupons or decided to use the older software.
The accounting treatment trimmed 11 cents a share from earnings in the December quarter, leaving them at 26 cents a share. That was 3 cents a share higher than the Wall Street consensus of 23 cents, as compiled by Thomson First Call. Microsoft had announced the coupon program in October, and said that about $1.5 billion in revenue would be deferred. The higher $1.64 billion figure reflected stronger PC sales than Microsoft anticipated.
The revenue deferred from the December quarter will be recognized this period. The deferral, analysts say, is simply an accounting shift from one quarter to the next, adding about 12 cents a share in the current quarter.
Microsoft said it expected revenue this quarter of $13.7 billion to $14 billion, and earnings of 45 cents or 46 cents a share, in line with analysts’ expectations. For the 2007 fiscal year, which ends in June, Microsoft said its revenue would reach $50.2 billion to $50.7 billion, while profit would be $1.45 to $1.47 a share.
The company is betting heavily on the consumer electronics business for future growth, and late last year it introduced a digital media player, Zune, which competes with Apple’s iPod. But Microsoft’s consumer entertainment and devices unit has contributes no profits yet, losing $289 million in the quarter.
Microsoft’s online business also remained a weak spot, struggling especially in Internet searches. In the quarter, Microsoft lost market share in searching, with Google widening its lead against Yahoo and Microsoft. “We’re clearly not happy with that,” Mr. Liddell, the chief financial officer, said. “But we continue to take a long-term view and we continue to invest.”
Online services revenue, which includes display advertising on the Web and search-linked ads, rose 5 percent in the quarter, to $624 million. The unit reported an operating loss of $155 million.


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Fake Twitter Accounts Are Now Up For Sale
If ever you wanted to have as many followers of the social site Twitter as your favorite artist, actor/actress, or athlete now you can. The catch, you may have to either become just as famous as they are or you can now BUY your followers.
In a recent post, we highlighted that singer Justin Bieber has nearly 17 million fake followers of Twitter. Could artists be using this tool to enhance their popularity, probably so. The more followers artists have, the better it looks on their "virtual resume" to have their product exposed on various media outlets.
So where and how do you purchase fake followers? According to the The New York Times, selling of Twitter followers has the potential to become a $360 million business. Yes, that many people are desperate to have "friends," or in Twitter's case "Likes," in our society.
Italian security researchers Andrea Stroppa and Carlo De Micheli told the Times that the average price for a thousand followers is about $18. Yes, for less that $20 you can add 1000 "Likes" to your Twitter following.The cheapest site, Fiveer, will get you 1,000 followers for $5!!!
As you may expect, when you buy followers for Twitter, most of them are fake, thus you never get a response, favorite, or re-tweet from them. But in any case, the "fakes" show-up on your Twitter "resume" and it just makes you look either really cool or really popular. We should note, of all social media site, Twitter is the one fighting back the most or the hardest to combat spam and fake user accounts.
For more on this story click HERE.


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Booking Holdings' (BKNG -1.55%) subsidiary Agoda recently signed an agreement with Saudi Arabia's Ministry of Hajj and Umrah to help the kingdom hit its goal of 30 million pilgrims a year by the year 2030. That's an ambitious target, as the Ministry of Hajj and Umrah says the number of international pilgrims has tripled in the last decade and is tracking toward 15 million by 2020.
Those growth rates illustrate the boom in international tourism in recent years, and all indications are that the numbers will continue to rise. For the online travel industry, where Booking Holdings reigns, that's great news for the long haul.
Hajj and Umrah and where Booking comes in
Hajj and Umrah refer to pilgrimages in the Islamic faith. Umrah can be done at any time, is not compulsory, and is considered a minor pilgrimage. Hajj only can be undertaken at certain times of the year and is a mandatory journey for each individual in the Muslim faith at least once in their lifetime -- given they are physically and financially able to do so.
The trip takes pilgrims to the holy cities of Mecca, Medina, and Jeddah, and the journey can get congested. Saudi Arabia has been building infrastructure to accommodate the growing number of visitors, like a new high-speed train connecting Mecca and Medina.
It also can get expensive quickly. On the website DawnTravels.com, all-inclusive 2019 Hajj travel packages start at $6,000 per person. That's where Booking comes in.
The company's Singapore-based subsidiary Agoda signed the agreement with Saudi Arabia to "use technology to manage the anticipated increase in guests to the Kingdom and make accommodation reservations more accessible, easier, faster and secure." With the goal to more than double the number of pilgrims to the country in little more than a decade, Booking's technology will no doubt be useful in managing all of that extra traffic and alleviating some of the overcrowding that occurs during Hajj.
What's it to investors?
As the global leader in accommodations booking and online travel management, Booking's newly inked deal won't move the needle by itself. Gross travel bookings (the value of all travel services reserved) were $24.3 billion during the third quarter of 2018 alone. However, the agreement with Saudi Arabia underscores a fact that Bookings' management often speaks extensively about: Tourism is on the rise as wealth around the globe increases.
According to the World Bank, the number of tourists traveling outside their home countries was 1.25 billion as of 2016, up nearly 50% from 2006. International travel was worth $1.4 trillion that year. Europe and North America have long been the biggest benefactors, but the developing Middle East, Asia, and Africa have begun to pick up millions more visitors in recent years, as well.
Expectations for global growth have eased in recent months, most notably at global economic researcher International Monetary Fund (IMF), which downgraded its outlook for global gross domestic product (GDP) growth by 0.2% in 2019, to 3.7%. Nevertheless, the IMF expects global growth to chug along in the low single digits for years to come. That's meaningful to travel companies like Booking because rising wealth overseas means more travel.
During the first quarter 2018 earnings call, CEO Glenn Fogel said: "[T]ravel is a function of GDP. World GDP goes up, travel will grow faster, and I am highly confident that world GDP is going to continue to go up in the long run."
Paired with the continued migration of existing travelers to online travel and accommodations management, Fogel's outlook is an important factor for investors to consider. Saudi Arabia's preparation for a big influx of visitors in the years ahead is a piece of evidence supporting the idea that the travel industry is a long-term growth story. With Booking Holdings easily in the lead in that department, its stock is worth considering as a long-term core holding for investor portfolios.


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Bourbon drinkers with exacting tastes will have to get their sips outside Red Hook.
Red Hook developer Greg O’Connell has pulled out of a deal to keep the popular and pioneering Red Hook liquor store LeNell’s in the neighborhood, just as LeNell’s lease at 416 Van Brunt Street has run out.
LeNell’s owner said she is now looking for space in Bedford Stuyvesant. Tonya LeNell Smothers is something of a local legend in the quiet waterfront neighborhood, renowned for stocking a wide selection of bourbon and hosting tasting events.
LeNell recently sent out an email, posted by Eater.com, that indicated she would keep the store open until she was evicted. She said she has not been given an eviction notice.
O’Connell had been negotiating with LeNell to expand at a different location in Red Hook. Over the last year, LeNell and O’Connell conducted serious negotiations, complete with architectural drawings and a negotiated lease, LeNell said.
But just as LeNell’s lease was set to expire at the end of May, O’Connell walked into her store to tell her that because of increasing construction costs, the deal was off, LeNell said.
“Greg told me he didn’t want to spend construction money without jacking up the rent we agreed on,” LeNell told The Real Deal. “This has been in discussion for a year — you would think he would have figured that out.”
O’Connell said that with rising construction costs, he would not profit on LeNell’s more elaborate plan to expand the liquor store and add a separate wine bar.
“She definitely is an asset to the neighborhood — that’s why I got involved with her,” O’Connell said.
But he took a pragmatic line when asked about the impact of nixing the deal at this late stage, and said LeNell knew all along that things might not work out.
“A business person always has to have alternative plans,” O’Connell said.


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Working alongside Sheffield City Region, funding has been secured to support Doncaster home working, mobile and self-employed businesses that have suffered loss of trade because of COVID-19 and that have been unable to access any of the existing business grant schemes, primarily small and “microenterprises.”
Businesses that have not qualified for any of the Government’s recent Covid-19 business support packages or the Self Employed Income Support Scheme are invited to apply for the latest discretionary grant payment.
Those that have been adversely affected by local and national restrictions may be eligible for a one-off payment of £1,000 from the Council’s Discretionary Grant Scheme.
This grant scheme is being administered by Business Doncaster.
The scheme launches on 22 January and is designed to support those businesses that have not qualified for any previous grant schemes and been severely affected by government restrictions.
Applications will be considered from local, independent businesses forced to close due to lockdown restrictions as well as those that have been able to open but are struggling because of a fall in trade.
Full details of how to apply and the eligibility criteria can be found on the Doncaster Council website here: https://www.doncaster.gov.uk/doitonline/discretionary-grant-scheme-for-homeworkers-mobile-and-self-employed
Applying for the grant is straightforward and we urge small businesses to check the eligibility criteria and if eligible, get their applications in to the Council as soon as possible so we can process them quickly and deliver the support needed.


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BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
(Reuters) – Allianz SE said on Friday it would sell a majority stake in its Russian operations to the owner of a Russian insurer as it sought to pare its footprint in the country after the invasion of Ukraine.
Allianz, which had already stopped accepting new business in Russia, last month flagged that it would very likely fully exit the country.
But with Friday’s announced deal, Allianz said it would retain a 49.9% stake.
Allianz said the sale was to Interholding, the owner of Russia’s Zetta Insurance. It did not disclose financial details.
The partial sale would result in a €400 million euro ($429.8 million) hit to Allianz’s net profit, the company said.
Companies have been scrambling to shed assets in Russia since the invasion, which Russia has called a "special operation."
“The agreement, which follows Allianz’s decision to scale back operations in Russia, is aimed at ensuring continuity for clients and employees,” Allianz said.
Allianz in 2021 generated 0.17% of revenues from its Russian operations.
A spokesperson said that the closure of the sale and the resulting financial impact were expected later this year.


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Since Nifty is going up almost constantly to make its new all time high, following five stocks are from different sectors keep focus:
Indiabulls Ventures Limited is one of the leading company in Capital Market segment and Real Estate marketing and distribution, providing securities broking and advisory services, having market cap of Rs. 2054.13 crore has given 209.16% return. The company has of late approved issue of upto 3.38 crore convertible warrants on preferential basis to its promoter group entities.
Goldstone Infratech Ltd (GOLDINFRA) is the supplier of composite polymer, among many, having market cap of Rs. 297 crore has given 192% return. The company bagged order worth Rs .47 crore for supply of pure electric busses.
Modi Rubber Ltd., manufacturer of automobile tyres and tubes, having market cap of Rs. 255.04 crore has given 138% return. The company is supposed to buy 3.14 million equity shares of Xerox India.
Poultry major Venkys (India) Ltd., having market cap of Rs. 1580.25 crore has given 153% return. Venkys India has given 201.72% returns over past one year.


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Last Saturday night etnies Plus celebrated the much-anticipated launch of The Lovewright Co. shoe collaboration in true California style – with a big party. More than 300 people came out to support the collaboration project, which included a special DJ set by Mayer Hawthorne.
Influenced by skateboarding culture and modern street styles that give way to classic familiarity, etnies Plus, an extension of the etnies brand, and The Lovewright Co., a lowbrow answer to modern streetwear, came together to create the Califas boot, now available in the etnies Plus Holiday 2010 collection. The full grain leather boot comes in black and oxblood colorways featuring classic welt construction, cream-colored Vibram outsoles, metal eyelets, tonal laces and STI Foam Lite insoles for comfort.
“Once we were introduced to etnies Plus, the relationship, based on our brands’ shared skateboarding culture and mature aesthetic, quickly developed into a shoe collaboration idea,” said Danny Reyes, founder of The Lovewright Co. “I sat down with etnies Plus designer Rob Carlos and we decided to create a boot inspired by our nostalgia for the classic work boots our fathers used to wear. We designed the Califas boot as a tribute to where we grew up and to those who taught us the meaning of hard work.”
“We drew inspiration from classic work wear and applied it to our lifestyle,” said Rob Carlos, senior footwear designer for etnies Plus. “We wanted to create a boot that felt good for everyday use and not something that accompanies a hardhat. The boot had to have classic lines and be lightweight and comfortable, so we used a Vibram outsole to address those functions. We ended up creating a product that was unexpected from us, but authentic to both our brands.”
The etnies Plus x The Lovewright Co. Califas boot is available at select shops around the world, but we’re not sure which ones, so please don’t write in.


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Galaxy Note9 Launch
We launched the Samsung Note9 across Latin America – positioning it as the ideal device with all new features and an upgraded S Pen.
Dominican Republic, Bahamas, Trinidad, Panama, Guatemala, El Salvador, Honduras, Costa Rica, Ecuador, Puerto Rico
834 social media posts
300 media attendees


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The base iPad mini model with Wi-Fi-only connectivity and 16GB storage capacity retails for $329 in the US and €329 in the EU. And it costs Apple only $188 to manufacture one, according to a teardown analysis by IHS iSuppli.
During Apple’s Q4 earnings call last month, CFO Peter Oppenheimer said the iPad mini would generate gross margins that are “significantly below” the rest of Apple’s gadgets.
And considering Apple’s insane profit margins with products like the iPhone or the iPad, $188 / €146 is indeed a low point for the company.
According to All Things D, the price cited above is for the 16GB iPad mini with Wi-Fi. Apple spends an extra $90 / €70 for the 32GB version and another $162 / €126 per unit with the high-end model offering 64GB of storage.
Apple is using screens made by LG Display and AU Optronics, with All Things D noting that the entire display assembly sets the company back around $80 / €62. That’s roughly 43 percent of the total bill of materials (BOM).
IHS analyst Andrew Rassweiler says the display used in the iPad mini is based on a new technology that’s proving problematic, which is driving up the cost of the manufacturing, and Apple’s BOM implicitly.
However, “as kinks in the manufacturing process are worked out, those costs will come down,” All Things D has been told.
And, despite using a Samsung-manufactured A5 chip in the tablet, Apple is said to be pushing away from the Korean company’s services whenever it has a choice to source components from other suppliers.
This includes memory chips and displays, IHS says. The flash memory chips analyzed by IHS in their teardown were from Hynix Semiconductor. Japan’s Elpida supplied the RAM.
Cirrus Logic is the author of an audio chip found in the tablet, and STMicroelectronics makes the accelerometer that enables you to play racing games by tilting the device around.
Finally, Broadcom has been identified as the maker of a series of wireless chips housed inside a standalone wireless module crafted by Murata.


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BT has confirmed a change that will affect over one million of its customers. The company will increase costs for many landline users as it moves them from their current plan onto BT’s latest Unlimited Minutes option. As the name suggests, this plan includes totally unlimited calls at any time of the day, week or night. That all sounds great but there is a catch as it also costs £15 a month, which means some may see their monthly bills go up.
BT says the increase will all depend on how much you use your phone. Those who spend all day and night calling mobile numbers could actually save money with the latest switch… but if you make one quick call a week, this could be an expense that you really don’t need to pay.
Explaining more about the changes, Christian Thrane, MD of Marketing for Consumer from BT, told Express.co.uk: “We want to ensure our customers have a seamless and worry-free experience when calling friends and family across both landline and mobile. Over the past few months, we’ve seen how important it is for us all to keep in touch and the landline has been at the heart of this connectivity.
“Technology and the way we use it evolves quickly and the gradual replacement of our calling plans is a small but important step to adapt our landline usage to a more converged but simplified future.”
- BT broadband boost as much faster speeds will now cost you less
So, if you think this update is going to cost you more, how can you beat it?
Well, fortunately, there are a few ways to stop this charge and some actually come via BT. Firstly, you can opt to swap from Unlimited Minutes to the firm’s 700 minute plan instead which offers free calls up to that limited for £7 a month. However, once you go over the 700 minutes you will be charged extra.
If you’re not making very many calls on the landline – using VOIP services like WhatsApp and FaceTime Audio, or video call options instead – that’s really not going to be an issue.
In fact, if you’re really not using the landline much, BT does offer a Pay As You Go plan, which is a free subscription and only costs 20p per minute for each call you make. You will need to sign up to new broadband deal to get pay as you go calls but it’s worth considering.
These plans could save you money but don’t forget about the smartphone that’s in your bag. If you own a mobile, it’s highly likely that your monthly plan includes unlimited minutes. Or, at the very least – something comparable to the 700 minutes available from BT. If that’s the case, you might want to think about switching off your landline completely.
Although this won’t suit everyone, living without a landline can be pretty easy and you don’t even need to worry about your broadband as there plenty of options now available without the need for a phone line coming into your house.
Firm’s including Virgin Media now offer broadband-only options with prices starting from around £28 per month. BT says it has begun informing users by letter and, if they are unhappy with the change, the firm says they can leave BT without being held to term charges during the 30 days from when they receive the customer communication.
The change will come into effect from September 1, 2020, and will affect anyone with a landline from BT so there is plenty of time to make up your mind.
Source: Read Full Article


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GlobiTech, Incorporated will create 1,500 new jobs as it establishes a state-of-the-art 300-millimeter silicon wafer factory at its current location in Sherman, TX. The company is a subsidiary of Taiwan-based GlobalWafers Co., Ltd. Construction of the GlobiTech facility, which is the first of its kind built in the U.S. in over 20 years, is expected to begin later this year. Production from the first fab is anticipated as early as 2025.
“Advanced 300 millimeter silicon wafers are currently manufactured in Asia, forcing the U.S. semiconductor industry to rely on imported silicon wafers,” said Mark England, GlobiTech President. “This exciting and bold investment in my hometown of Sherman will represent the first new silicon wafer facility in the U.S. in over two decades and close a critical semiconductor supply chain gap.”
“With the global CHIPS shortage and ongoing geopolitical concerns, GlobalWafers is taking this opportunity to address the United States semiconductor supply chain resiliency issue by building an advanced node, state-of-the-art, 300 millimeter silicon wafer factory,” explained Doris Hsu, Chairman/CEO of GlobalWafers Co., Ltd. “For this large investment, we received tremendously competitive proposals, and it was a difficult decision on selecting our location. After serious deliberation, we have once again chosen our long-time partner, the City of Sherman, Texas, based on the aggressive local and state incentives, ample resources and especially the business and personal relationships that we have developed over 20 years. Based on earlier announcements on related projects, we are excited about the prospects of developing the City of Sherman into the complete semiconductor ecosystem to support the growing United States semiconductor industry.”
“Today’s announcement from GlobalWafers is critical to rebuilding the domestic semiconductor supply chain, strengthening our economic and national security, and creating U.S. manufacturing jobs,” commented U.S. Secretary of Commerce Gina Raimondo. “The Biden Administration has worked tirelessly to make the U.S. an attractive place to manufacture semiconductors and their components, and are excited that GlobalWafers chose Texas for their new facility. But we are at a make-or-break moment to expand domestic semiconductor production. Semiconductor firms need to make investment decisions by the Fall to meet the enormous increased demand for chips. GlobalWafers committed to the U.S. because they believe Congress will get the Bipartisan Innovation Act over the finish line in the coming weeks. Moving quickly to pass this bill will demonstrate America’s commitment to robust domestic semiconductor capacity and provide more companies throughout the supply chain the confidence they need to move forward with investments here.”
To support the project, which will create a reported $5 billion in capital investment, GlobiTech has been offered a $15 million Texas Enterprise Fund (TEF) grant along with a $10,000 Veteran Created Job Bonus.
“The State of Texas continues to attract and support world-class manufacturers and global investments that are leading breakthroughs in innovation and technology,” said Governor Greg Abbott. “GlobiTech’s ongoing partnership with the City of Sherman will create more than a thousand new jobs for the region and invest billions of dollars into our state’s economy, boosting Texas’ global position in the semiconductor industry amid a worldwide chip shortage. We look forward to continuing working with GlobiTech to keep providing economic opportunities through its expanded presence in the Lone Star State.”
“The community of Sherman is elated to have been selected as the site for GlobalWafers’ new best-in-class 300 millimeter semiconductor silicon wafer production facility,” said Kent Sharp, President of the Sherman Economic Development Corporation. “All of our public entities and elected and appointed officials put the maximum effort into this proposal as we understand the very important strategic interest this investment will be to our city, county, state, and country. I would also like to take this opportunity to extend our sincere appreciation to Governor Greg Abbott and his team of economic development experts led by Adriana Cruz. This opportunity would not have been possible for Sherman had it not been for their efforts. GlobalWafers and GlobiTech have been an economic anchor for Sherman and Grayson County for years, and we thank them for giving us a chance to show what Sherman and Grayson County have to offer.”


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During an exclusive breakfast for the exhibitors of Solar Solutions, the Solar Solutions Innovation Award 2017 has been awarded to ESDEC with their product Clickfit EVO.
Furthermore the Best Presentation Award has been awarded to the ‘Technische Unie’.
Best Presentation Award 2017
According to the jury chairman and architect, Klaas Ursem, the jury was unanimous in its decision and found that last year, Technische Unie has taken a big step in its sustainable appearance. In addition, the staff has been well trained and co-ordinated and knows the content of the company as well as their products. And to cap it all, the Technische Unie also recognizes social sustainability by sponsoring an expedition to Antartica. “According to Ursem, they have improved substantially, and therefore really deserved the Best Presentation Award.
Solar Solutions Innovation Award 2017
All exhibitors of Solar Solutions can submit a product for the Innovation Boulevard at the entrance of the fair. Innovative products who have been released less than a year ago get a chance to win the ‘Solar Solutions Innovation Award 2017’. The exclusive exhibition in the Solar Solutions entrance serves as a stage where products, novelties and innovations are presented to visitors. Ultimately, ESDEC has been chosen as the winner by an independent jury (consisting of Edwin van Gastel (Solar Magazine), Wijnand van Hooff (TKI Urban Energy), Miranda van Leeuwen (Sterkin) and Rob Lobregt (on behalf of UNETO-VNI).


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FNB is expanding its digital payments ecosystem by launching a virtual card for individual and business customers. The virtual card will be available to individual customers across debit, fusion, and credit cards and for business customers on debit cards.
The virtual card will be available by October 2020 and customers can access it via the FNB App and the RMB Private Banking App. Once available, customers can request the card anytime, anywhere at no additional cost.
FNB payments executive Raj Makanjee says the launch of the virtual card is part of the bank’s journey to avail convenient and safer solutions via a trusted platform. “We have made significant strides in enabling our customers to use digital payments, even when they shop at a physical Point of Sale. We believe that digital payments are a more convenient, secure and cost-effective solution for both the consumer and the merchant.
“FNB and RMB Private Bank customers are able to create and link their virtual cards to the transactional accounts they have with us. Customers have the flexibility to create multiple virtual cards for each transactional account to better manage spend. They can also use the virtual card to pay digitally via Scan to Pay, Tap to Pay or during check-out for online purchases. Our virtual card can be loaded on trusted websites or Apps for online shopping, as well as wearable devices for contactless payments.”
Chris Labuschagne, CEO of FNB credit card says, “One of the key security features on our virtual card is a dynamic Card Verification Value (CVV) security number that changes every hour to help customers minimise the risk of fraud when shopping online. The virtual card will be safely stored on the App and customers will have the ability to temporarily block, cancel or replace the Card via our App.
“Spending via virtual cards will provide customers with the eBucks rewards earn they have become accustomed to. Additionally, the virtual card can be uploaded and used on various online subscription platforms such as iTunes, Google Play Store, Netflix, and Spotify. The expiry date is also 2 years longer than a physical card which allows the customer to keep using the card without being worried about an expiry period.”
Along with all the security and convenience features, the bank encourages customers to use trusted platforms when shopping online. Customers are reminded to always keep information like PINs and passwords safe and to only authenticate transactions they have initiated.


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The Scottish market is mirroring what is happening across the whole of the UK, with bread and rolls in high demand, and bakers need to adapt to meet those needs.
We have seen bakers across the country adopt different approaches to maintain revenue and support their local community, either through selling flour, yeast and eggs to consumers, or using sandwich delivery vans to make deliveries of bread and even create a mobile shop.
These challenging times are creating ‘new’ thinking, which will be healthy for the industry long term.
Looking for comfort
Fresh patisserie sales are declining as consumers opt for longer life, individual products that can be stored in the pantry, rather than fresh, sharing options.
In Scotland, though, the Empire biscuit and the national favourite – the Snowball – continue to sell well, showing that consumers are looking for familiar and trusted products that give them comfort.
This is also proving evident within bakery as Scotch rolls and potato scones continue to sell out. In fact, at Puratos, we are seeing up to a 20% rise for ingredients to make these lines with some of our customers.
As the initial panic buying begins to subside, consumers are consciously looking for healthier items, like breads high in fibre, wholegrains and seeds, to try to maintain a healthy lifestyle throughout this period.
Through a sense of discovery, or because the high demand of their usual products means stocks are low, consumers have opened their minds to alternative products and brands – opening new opportunities for today and the future.
As a long-term supplier to the Scottish market, it is our promise during these uncertain times to remain a reliable partner to our customers. Our sales and technical support team will help customers address the challenges of today caused by the coronavirus crisis.
Puratos UK is part of a global baking, patisserie and chocolate ingredients business, working with partners across 68 countries.
The company uses technologies and experiences from food cultures around the world, offering creativity and new ideas through its UK Innovation Centre, just one of 90 Innovation Centres that Puratos has globally.


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Square Enix and People Can Fly came together to develop an original title for PC and console. The project's name and pretty much everything else about it is still unknown. The game will not be featured in Square Enix’s E3 2017 lineup.
Square Enix, the people who brought you Final Fantasy and Tomb Rider joined forces with People Can Fly. The latter is a Warsaw-based studio that developed Bulletstorm, and co-developed Gears of War: Judgment. The two have come together to develop a "new high-end original title for console and PC". If the announcement is telling the truth, that is. Now, I'm not calling anyone a liar, but I've been burnt before.
Studio heads from both companies gave statements:
“We’re massively excited to be working with the talented team at PCF in Warsaw, a studio filled with people who really know their craft,” said Lee Singleton, Head of Studio at Square Enix London Studios. “We’re building a game we all want to play which will be the perfect addition to our portfolio.”
People Can Fly
“It’s an exciting time,” said Sebastian Wojciechowski, Studio Head at People Can Fly. “We’ve got a great and experienced team in place, and it’s incredible to be working with Square Enix, a world-class publisher who shares our passion and excitement for the project.”
The enthusiasm is contagious. Let me just kill your hopes and dreams right now, the game will not be featured in Square Enix’s E3 2017 lineup. In other news, People Can Fly is hiring. So, if you are a Gameplay Programmer, an AI Programmer, or a VFX Artist, check out the available positions . Seriously, there is a slew of them.
Still no idea what kind of game the duo is working on, but I'm sure more news will surface very soon. Until they do: Which games by Square Enix or People Can Fly have you played?
I gave Tomb Raider a shot back in the day, and Life Is Strange is waiting for me at home right now.


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Good afternoon and welcome to Ewood Park.
Don't panic, you're not missing a game, we are here to get a first look at Blackburn Rovers' new away kit for the 2019-20 season.
Rovers are launching the shirt at an exclusive event for the club's 1875 members with manager Tony Mowbray and first team players Sam Gallagher, Stewart Downing and Adam Armstrong attending.
The new kit, which will be manufactured by Umbro and sponsored by 10 Bet, will be unveiled as part of the proceedings.
Rovers released their home kit earlier this month while we had a look at some concept strips for the club ahead of that launch.
Stay with us for the first look of the new kit and hear from Mowbray and the players on the summer so far and the new season.
That's a wrap
So there you go, the new away it is out. Some of you like it, some of you don’t. It’ll be worn for the first time against Rangers on Sunday
Rovers kit reaction
The Rovers frontman is a fan of the new strip. Says all the players like it
Thumbs up from Dunny
We will be chatting to the Rovers forward very shortly to get his reaction on the kit and his thoughts on pre-season so far and the campaign ahead
Rovers will need one with a host of teams who play in white in the Championship
Fans in the room
Quite a few positive comments from supporters in Blues Bar on the new kit
We should be getting the thoughts of the players on the new kit shortly
Tony Mowbray is also mingling with the supporters and signing autographs
The Rovers trio are now mingling with supporters and posing for selfies
The manager and players are here
Tony Mowbray has arrived with Sam Gallagher, Stewart Downing and Adam Armstrong with the players decked out in the new strip
Order the new kit
The new Rovers away kit is now available to buy online and will be in store from 9am tomorrow morning
Here it is, launched on the club Twitter page. No sign of it in Blues Bar yet though
Rovers have yet to launch the new kit but they have launched the new catering for the concourse with new company Sodexo
Here’s how we imagined the new kits prior to the launch earlier this summer
Away kit reaction
Of course it won’t please everyone
Goes without saying that Rovers will be having a third kit for next season as well
Is the new kit a grower?
Fair to say it is one that has split opinion. Some are not keen, others really like it
We're still waiting
There is a couple of dozen supporters gathered in Blues Bar as we wait for the new away kit and a player appearance
Lancashire captain Liam Livingstone is a fan
Away kit debut
The new away strip could be worn for the first time in Rovers’ pre-season friendly at Rangers on Sunday
Reaction to kit
It may not have been officially launched yet but Rovers fans are having their say on social media
There will be some first team players in Blues Bar this afternoon to mark the new kit. We will hopefully hear from a couple of them once they have arrived
Welcome to the launch of Blackburn Rovers’ new away kit


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- March 6, 2014
-- The Irwin Automotive Group is pleased to announce that it has received the national 5-Star Dealer Award from Edmunds.com. This national award is given to dealers who earn a 5-star rating based on customer reviews on Edmunds.com's Dealer Ratings and Review page. Out of the roughly 18,000 car dealerships in the country, only 259 were awarded this honor, or 1.4% of all dealers. Seth Berkowitz, President of Edmunds.com, says, "This is an extraordinary honor that recognizes the dealers that deliver the finest customer service day in an day out." Christopher Scott, a manager at the Irwin Automotive Group says, "We are thrilled to receive this honor from Edmunds.com as it highlights our ongoing commitment to delivering exceptional customer service and promoting transparency through online media." The Irwin Automotive Group has been family-owned and operated in Laconia, NH since 1951. In addition to its latest award from Edmunds.com, it is the highest rated dealer in New Hampshire on both Cars.com and Google.


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Another Battlefield Hardline beta launches this autumn, EA has announced.
In a post on the Battlefield blog, Visceral boss Steve Papoutsis said this second beta would be made available to all platforms: PC, PlayStation 3, PlayStation 4, Xbox 360 and Xbox One.
The recent beta, now closed, was an attempt to get early feedback from players, Papoutsis said.
"We're listening to it, we're acting on it and it's going to help make Hardline a better game when we launch in October," he said.
Papoutsis added that Visceral will reveal more about the game's single-player, and how it will be presented "similar to what you see when watching episodes of your favourite TV shows", in July. But given much of what Hardline is doing with its campaign leaked before the game was even announced, we don't expect a huge surprise.
"It's something different and we're fired up about it," Papoutsis said.
As for multiplayer, Papoutsis said the recent beta only offered a small portion of the final game.
"We have plenty of new modes in the game that really play off the cop and criminal theme, as well as the return of fan favourites. The variety in maps is also something that Battlefield fans have never experienced before, from subterranean grow labs to the streets of Miami, complete with all the vibe and flavour that city has to offer."


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HALO Air Ambulance announced they are launching the first HALO Lottery in partnership with Highline Angus. The grand prize will be 20 bred heifers or $50,000 in cash.
The 2021 HALO Cattle ‘er Cash Lottery will have 3,000 tickets made available for $100 each. The winner will choose between a grand prize of 20 bred heifers or $50,000 in cash.
“Heifers from a well known cattleman is key for sure, which is a big influx to a lot of operations,” says HALO Air Ambulance, chief executive officer, Paul Carolan “it’s a really cool way to get someone that’s in ranching a big number of cattle one time”.
In its first day, HALO sold over 10 percent of available tickets. Early projections show the lottery could generate around $200,000, with the potential to grow the fundraising initiative annually.
If you are interested in purchasing a ticket, you can visit HALOs website — https://www2.rafflebox.ca/raffle/haloab


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Visit Mexico is a newly formed organization that brings a unique approach to promoting the wonderful country of Mexico. —Codie Liermann, Senior Editor
(Travel Pulse).- Braintivity, the private tourism company mandated by the Mexican government to handle the digital assets, the official brand, and promotion of all tourism for the country of Mexico, launched its new offices on June 17 in Midtown Manhattan at 444 Madison Avenue.
The ceremonial ribbon cutting was overseen by Consul General of Mexico To New York City, Jorge Islas -Lopez. Mexican tourism was previously supported and operated by a government-funded agency, and this represents the next step in the private and public cooperation of all promotion and marketing to attract worldwide travelers to Mexico in the post-pandemic era.
“We are thrilled to open this first international office of VISIT MEXICO office and launch our Unites States campaign from New York City. We are excited to bring to all American visitors in the coming months to enjoy the wonderful culture, cuisine, arts and history of Mexico,” said Carlos Gonzalez Gonzalez, Director General of the newly relaunched Visit Mexico.com.
A festive event with over 200 officials of New York State, the government of Mexico and founders of Visit Mexico USA attended a grand evening event at 48 Wall Street, a national historic landmark located in the heart of the City’s FiDi downtown district. Presiding over the event was Chairman of Visit Mexico USA, Kent M. Swig, along with co-founders Gary K. Levi and Alvaro Vitolo.
In attendance and offering remarks were Ross K. Levi, Executive Director of Tourism, Empire Street Development Corporation and Carlos Gonzalez Gonzalez, Director General of Visit Mexico.com. Also in attendance were Martha Orneals, Minister of Tourism, State of Puebla, and Olivia Saloman Minister of Economy State of Puebla. The cuisine of Mexico was featured along with classic Mexican libations and an extraordinary Mariachi ensemble.
Braintivity/Visit Mexico is a private organization and self-funded strategy that is bringing a unique and breakthrough approach to marketing and promoting the wonderful virtues of the entire country of Mexico. Over the past two years and during the pandemic, they have been developing platforms, creating worldwide international alliances and focusing on a strategy.
The newly formed collaboration known as Visit Mexico USA is bringing together the Mexican-based organization with its first international location which is in New York City. Principals of Visit Mexico USA include prominent businessman and real estate investor (whose family founded the world-renowned Fairmont Hotels) Kent M. Swig; business innovator, leader and former New York State government official Gary K. Levi; and Alvaro Vitolo, an international business development executive with extensive Mexican business experience. Together they have assembled an exceptional team with prominent international executives in content, digital strategies, marketing, software and environmental health, safety and wellness.
“These joyful events in New York City highlighted the wonders of Mexico that American visitors will be able to experience when visiting our wonderful neighbor to the South,” said Kent M. Swig, Gary K. Levi, and Alvaro Vitolo, Principals, Visit Mexico USA, in a joint statement.
Source: Travel Pulse
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The New York Public Library is turning a page — and taking a step into the digital age.
The library is releasing an app Tuesday that will allow readers to easily access its popular e-book collection.
More than 300,000 e-books will be available on the app — dubbed "SimplyE" — to anyone who has a library card and access to either an iOS or Android device.
Kindle and web browser versions are in development, according to the library.
Like the old-fashioned paper kind, card holders can borrow the e-books for free.
And like their old-fangled forebears, e-books also fly off the digital shelves. For some popular titles — like the "Game of Thrones" series — there's a waiting list to check out.
NYPL President Tony Marx said the e-book selection is "growing" and the library will continue to make it more accessible.


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Aventus, a Polkadot parachain led by CEO and founder Alan Vey, has been making significant strides in the blockchain ticketing sector. The platform, which describes itself as an “enterprise-grade Layer 2 blockchain,” combines the scalability of a permissioned blockchain with the security and interoperability of public blockchains. Aventus has been at the forefront of numerous high-profile collaborations, including a recent partnership with Vodafone’s “Economy of Things” Digital Asset Broker (DAB), Polkadot for the 10th-anniversary NFT release of the film “Wolf of Wall Street”, and others.
Vey, who has been instrumental in forging these partnerships, highlighted the significance of the collaboration with Vodafone in a LinkedIn post, stating, “This partnership between Aventus and Vodafone is a brilliant example of real-world applications of blockchain that bring tangible benefits to businesses and end users.” Vey is slated to shed more light on these partnerships at Benzinga’s Future of Digital Assets event.
Founded by Vey and Annika Monari, Aventus was envisioned as an open platform encompassing NFTs, video games, loyalty programs, event ticketing, supply chain provenance, and cargo management. The idea for the network was born in 2015 while the duo was studying at Imperial College, London. In 2019, Aventus took a major step towards making the ticketing industry more transparent and secure by making its protocol fully open-source.
“Combining Blockchain, IoT, and Web3 has the potential to overhaul the way businesses operate and interact with their customers, bringing huge efficiencies and benefits. Those willing to understand and leverage it today have the unique opportunity to shape tomorrow’s digital landscape,” Vey said.
The partnership between Aventus Network and Vodafone DAB has resulted in a bridge that connects to the broader blockchain ecosystem through the Polkadot platform. This enables users to interoperate cross-chain using the DAB IoT identity passport, facilitating the exchange of data and money between ecosystems. One application of this technology is an electric vehicle that can communicate and transact with its charging station.
Vey and Monari have received recognition for their pioneering work in blockchain-powered event ticketing, being named among Forbes Europe’s “30 Under 30 – Technology”. According to a 2023 report from Mordor Intelligence, the online event ticketing market is projected to grow from $77.49 billion in 2023 to $97.36 billion by 2028.
Alan Vey is undoubtedly a figure to watch in the Web3 landscape. Aventus is focused on real use cases aimed at serving a global audience with Web3 solutions. Their significant partnerships with industry giants like Polkadot, Vodafone, and various entertainment entities enable them to offer new experiences for fans, attracting more people to the Web3 space.
A key strategy in onboarding more users into Web3 is leading with entertainment and IoT to reach a broad audience. By making their ticketing platform open source, Aventus can help address the issue of ticketing on blockchain for other projects. Vey’s forward-thinking approach to partnership implementations with global leaders in and outside of the blockchain space and entertainment experiences that attract users, positions him as a leading figure in the Web3 space in 2023.
Stay updated on trends like AI, regulations, SEC actions, and institutional adoption in the crypto space by joining Benzinga’s Future of Digital Assets in New York City on Nov. 14, 2023. Secure early bird discounted tickets now!


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The Minister for Communication and Digitisation, Ursula Owusu-Ekuful, has cautioned that all sim cards that are not registered using identification cards by December will be impeded.
In a post the minister made on Facebook, Mrs Owusu-Ekuful said the choice to re-register sim cards is important for measures to clasp down on digital hoodlums taking cover behind the namelessness of advanced frameworks to submit solitary demonstrations.
She cited that plans are far cutting edge to make the National Identification card (Ghana Card) the solitary public character card for all distinguishing proof and business purposes in the country.
”It has become imperative that we clamp down on cyber criminals hiding behind the anonymity of digital systems to commit antisocial acts, and the Sim re-registration exercise is a key part of that campaign. All SIM cards and SIM enabled devices would be re-registered from June and end in December. All unregistered sims will be blocked.”
She reiterated the ministry’s commitment to ensuring improvement connectivity nationwide.
”My ministry is also working to improve access to connectivity across the country with rural telephony and digital inclusion projects which will see the construction of 2016 solar powered cell sites in unserved and underserved rural communities.”


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18 Mar 2020.
All nodes have to update to the new version. If they don't,
Bitcoin XT was one of the earlier Bitcoin hard forks that achieved some popularity.
15 May 2019.
HTC has announced that it is bringing another crypto-smartphone in the form of Exodus 1s. The phone will retail in between $250 (roughly Rs.
The Bitcoin network consists of over 5000 full nodes according NodeCounter. ( 2017).
Bitcoin Classic, XT, Unlimited Nodes, Blocks, Graphs, Charts, Statistics.
Bitcoin Tan King USD futures contracts on May 5, which settle in bitcoin. The post BitMEX is launching new ether/USD futures, which settle in. Bitcoin is approaching the
18 Dec 2018.
There was a temporary setback when in August 2015, the Bitcoin XT.
a protocol that achieves consensus among 10 000 nodes and avoids.
only on its price today, then bitcoin price can be modeled as a Markov process.
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This ceaseless attack prevented XT nodes from communicating for weeks, .
Be$t Faucet$ Of WaterSense labeled faucets and faucet accessories (such as aerators) are high– performing, water–efficient fixtures that will help you reduce water use in your. Bitcoin Diagram
Why The Celebration Bowl Matters And Why It Should Be Here To Stay However, given that the coronavirus lockdown continues, these plans have been put on hold or cancelled altogether. With that. Click here to visit our frequently