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Proposed tariffs on Chinese printed circuit assemblies and connected devices could cost the U.S. economy $520.8 million and $2.4 billion annually for the 10 percent and 25 percent tariffs, respectively, the Consumer Technology Association (CTA) found in a new study.
The economic impact study commissioned by CTA showed that shoppers will have to pay between $1.6 billion and $3.2 billion more for connected devices, including things like gateways, modems, routers, smart speakers, smartwatches, and other Bluetooth enabled products. The price of those products imported from China will increase by between 8.5 percent and 22 percent, while the prices for products from all sources will rise by between 3.2 percent and 6.2 percent, CTA reported.
As for the printed circuit assemblies from China, CTA found that prices in that market could increase by between 9 and 23 percent, while similar products from other U.S. manufacturers could increase in price by 2 to 3 percent higher. As a result of those higher input costs, which would total an additional $900 million to $1.8 billion, American manufacturers of products that contain those printed circuit assemblies will purchase between 6 and 12 percent less from suppliers, CTA said.
“With the economy thriving under President Trump … the administration shouldn’t jeopardize America’s global standing with tariffs,” Gary Shapiro, CEO and president of CTA, said in a statement. “Foreign governments don’t pay the cost of tariffs, Americans do – and for that reason, U.S. trade policy needs to steer clear of tariffs that act like taxes on American manufacturers and consumers.”
According to CTA’s findings in its most recent U.S. Consumer Technology Sales and Forecasts report, if the administration were to enact tariffs of 10 and 25 percent, 2019 U.S. shipments of connected devices such as fitness trackers, smartwatches, wireless headphones, modems and broadband gateways, wireless earbuds, and smart speakers would decline by as much as 12 percent Additionally, shipment revenues for those devices would decline by as much as 6.5 percent next year, CTA said.
The impact extends beyond just the cost of goods, however. CTA Vice President of International Trade Sage Chandler sat down for an interview with Dealerscope for an upcoming podcast episode to discuss the impacts of these Chinese tariffs.
“It’s the small businesses the mom and pop stores, the startups, the innovators that are going to feel this the fastest.,” Chandler said. “That's because they're lean, they don't have a lot of places to trim from if costs go up. So they will have to make the hardest decisions quickly.”
One such small business, JLab, recently spoke with Dealerscope about the broader implications of the proposed tariffs on the company. CEO Win Cramer told us that his wireless audio startup, which has transformed into the fastest growing brand in the category, could see major implications when it comes to their product roadmap.
“Where we usually build product roadmaps out 12 to 18 months, we're going to start to tune those down to six to nine month windows so we can say, 'Hey, you know, we thought our cost would be X. Now it could be Y. Can we compete with the good in the marketplace now that we have potentially a 10 percent higher cost?’” Cramer said. “My biggest fear is the disruptors—and I use that term humbly—but the folks that are coming in and trying to become the next Sony or trying to become the next Apple, and they are taking some risks from a product development perspective that those other larger companies wouldn't necessarily take because they're too conservative—I think folks like us are going to be a little more hesitant to do that.”


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PWTorch.com is reporting that WWE is trying to get Bret Hart to return to the company, but the two sides cannot come to terms. One source has told the Web site that he’s not sure what more WWE can do to convince him to come back. They want him to return by the time the DVD set comes out later this year.
The long awaited Bret Hart triple disc is set to be released on November 15, according to PWInsider.com, and WWE is also planning on the release of a three disc DVD set featuring Jake “The Snake” Roberts set to be released on November 11. WWE is also partnering up with Sony to release a WrestleMania box set. WrestleMania’s I-XX will be in the set which will be priced at about $299.95. The set will also be broken up into 4 sets with 5 WrestleMania’s a piece for $69.95.
Credit: PWInsider.com, PWTorch.com

domain: news


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NEW YORK (CNNMoney.com) -- In the wake of massive recalls for gas pedal-related problems, Toyota Motor Co. is now faced with mounting complaints of brake problems in its 2010 Prius hybrid, one of the carmaker's most iconic and popular models.
In the U.S., more than 100 complaints alleging poor brake performance have been lodged with the National Highway Traffic Safety Administration against the 2010 Prius, a newly designed version of the car that was introduced last summer.
"NHTSA has received a number of complaints about a potential defect affecting the brake system in Toyota's Prius hybrid and is conducting field work to examine the issue," the agency said Wednesday.
In Japan, 14 complaints about brakes in the Prius have been lodged since July. Japan's Transportation Ministry has asked Toyota to investigate brake malfunction complaints in Japan on the Prius, according to the Japan Automobile Dealers Association.
"The complaints received via our dealers center around when drivers are on a bumpy road or frozen surface," Paul Nolasco, a Toyota Motor Corp. spokesman in Japan, said. "The driver steps on the brake and they do not get as full of a braking feel as expected."
A search of NHTSA's complaint database turned up many similar-sounding complaints in the U.S.
"I have been driving my 2010 Prius for 6 months and have experienced the following nearly 10 times," wrote one owner, "When braking, if a pothole or bump in the road is hit, the car seemingly jerks forward/accelerates for a split second."
A Toyota spokesman in the U.S. was not immediately able to provide any comment on the situation.
The Prius is Toyota's third best-selling model in the U.S., ranking behind only the Camry midsized sedan and the Corolla compact car.
Toyota's public image, and its sales, have been hit by recent recalls involving unintended acceleration.
Toyota recalled 2.3 million vehicles on Jan. 21 due to problems with sticking gas pedals and later halted the sale of the eight models involved in the recall.
Toyota's U.S. sales plunged 16% in January as a result, even as sales of other automakers rose.
About 4.2 million vehicles were recalled in November for a problem in which the cars' gas pedals could get stuck in some floor mats. The last-generation version of the Prius was included in that recall, which was expanded to include another 1.1 million last week.
Brakes in hybrid cars like the Prius operate differently from brakes in most cars. In addition to standard brakes, which use friction from pads pressed against drums or rotors, hybrid cars use their electric motors to help slow the car, a process that generates electricity to recharge the batteries.
Some Wal-Mart employees falsely told customers Coke was more expensive in New York because of a sugar tax. More
Scotland's independence vote is too close to call but those who want to keep Britain united won this year's campaign funding race by some distance. More
The FBI's new facial recognition system lets local police easily identify you. It will one day spot you from your iris, voice and the way you walk. More
Y Combinator president Sam Altman is teaching a startup class at Stanford with Silicon Valley heavy hitters as guest lecturers. Bonus: All the videos will be available for free online. More
Occupy Wall Street offshoot Strike Debt says it has abolished nearly $4 million in private student loan debt for students who attended Everest College, part of Corinthian Colleges. More


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We explain the secrets to utilizing licensing as a means to gain credibility and authority through a licensing deal.
Escondido, CA (PRWEB) March 06, 2012
Earlier this year the team behind Internet Oil Wells launched Hollywood Profit Faucet, an online resource for entrepreneurs, businesses, and marketers that explains the quick and easy way to create celebrity endorsement through licensing and leverage that power to fullest.
The new licensing module is a first person account of two businessmen who were able to strike big deals with huge corporations; deals similar to a powerful celebrity endorsement.
“Licensing can seem complicated at first, but with Hollywood Profit Faucet, we explain the secrets to utilizing licensing as a means to gain credibility and authority through a licensing deal. We explain that with these deals, you essentially borrow the celebrity brand from the licensor”, says Greg Writer, co-founder of HPF.
Writer and his partner, Matthew Heinzel are proud to have this opportunity to share the secrets behind their incredible licensing deal with the multi-billion dollar corporation Dreamwork’s, a deal that changed the game for both of them.
With the new licensing module customers will learn the endless possibilities of how licensing can help "celebritize" their product or service.


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Published Date : 2020-06-03
The rising prevalence of unplanned pregnancy, technological advancement in the field of diagnosis, along with the changing lifestyles are driving the demand for the market.
Market Size – USD 808.2 million in 2019, Market Growth - CAGR of 8.1%, Market Trends – increase in unplanned pregnancies coupled with the changing lifestyles.
New York, June 03, 2020 - The global homecare pregnancy test kits market is forecast to reach USD 1391.8 million in 2027, according to a new report by Reports and Data. The global homecare pregnancy test kit market is growing at a substantial pace owing to the growing acceptance and inclination of the patients towards the newly invented advanced testing kits over the conventional ones. In order to substantialize the testing technique, every year, the research and development are carried out tremendously, and government bodies invest a handful of the amount in their R&D, which fuels up the market growth by a large margin during the forecast period.
The key factors responsible for driving the growth of the homecare pregnancy test kit market include the technological advancements in testing, a rise in the incidence of unplanned pregnancy globally, an increasing number of R&D, and improving effectiveness and clinical outcomes of the testing kits. Besides, the increase in healthcare expenditure and increasing demand for self-contained and quick test results coupled with the increasing age of women having first pregnancy are propelling the market growth. There is also the rapidly increasing disposable income in developing countries like India and China, which is coupled with the fact that the middle class in these regions is expanding on a large scale. Thus, the increasing investments the key market players for product development in the emerging market are expected to drive the growth of the overall market eventually. Furthermore, due to constant product innovation and enhanced accuracy, the adoption of an enhanced marketing strategy is driving the market during the forecast period.
However, limiting factors such as lack awareness among the population, lack of efficiency in tests, and high prices of kits, especially in the developing region, and rigorous regulations by the government, act as a restraining factor on the global market in the near future.
The COVID-19 impact:
The outbreak raised concern for the patient dealing with other underlying conditions such as pregnancy. However, government authorities had laid down several guidelines to ensure the safety of the patient as well as the healthcare professional. The market has experienced a downturn over the weeks, which may continue over the next few months. The increased patient pool suffering from COVID-19 has disrupted the balance in healthcare. This pandemic has affected the Asia Pacific region the most, with China at the center of the outbreak. Most initiatives have come to a temporary halt in multiple countries changed. The production, as well as supply chain, has been put on hold, causing losses to the manufacturers, dealers as well as consumers. The market might be facing a downside for the period. Still, with a rising health concern, the demand would be hitting the roof as soon as there is a development in the condition.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/homecare-pregnancy-test-kits-market
Further key findings from the report suggest
For the purpose of this report, Reports and Data have segmented into the global homecare pregnancy test kit market on the basis of Type of test, product, sales channel, and region:
Type of test Outlook (Revenue, USD Billion; 2017-2027)
Product Outlook (Revenue, USD Billion; 2017-2027)
Sales Channel Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Compare, Strategize and align with your current and future requirements.


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Symbian aims to
baffle embrace community
Once more unto the ideamagoria my friends
Symbian has marked its annual shindig by once more launching its application warehouse, and looking to the wisdom of the crowds to tell it what its future plans should be.
Lee Williams, Executive Director of the Symbian Foundation, has been making waves recently asserting that Android is just a beginner and Apple is technically backward. These themes have been repeated during the Symbian Exchange & Exposition (SEE) this week, where Symbian has again launched its application warehouse and continues to try and create a community-based platform.
The Symbian Foundation is still struggling to understand what it's supposed to be doing, evidenced by a keynote presentation from Williams which focused on "ideamagoria"s and "the age of conversations", tarted up with "mocked up mash ups" and followed by a presentation from Wikipedia's founder Jimmy Wales about how marvellous he is.
The point of all this is that Symbian needs help, and not just writing code. The Foundation is looking for help in terms of direction, features and funding, and has launched a new site on which anyone can post an opinion about just what the Symbian Foundation should be doing, the value of that opinion then being established by popular vote in the best Web 2.0 tradition.
Horizon, the Symbian Foundation's application warehouse, would also like a business model if anyone has one handy. Application stores generally take a cut of the sale price, but Horizon provides apps for stores and won't deal with customers, developers used to pay to have their applications Symbian Signed, but that limits the market, so Horizon is hoping the wisdom of the crowds will come up with something better.
Until then Horizon will only be open to applications that have already been Symbian Signed, which won't be asked to pay but will become available to those application stores already signed up to Horizon. That includes Nokia's Ovi, Samsung's App Store and AT&T's MEdia Mall with China Mobile and Sony Ericsson about to come online too.
The central-repository concept is valid: application stores should then be able to differentiate by type of app, such as just having games, or business applications, rather than the Tesco Extra approach currently being adopted by the industry. But Horizon is going to have to find a way of making it pay, if only to cover the running costs.
Early suggestions, embodied in a physical version of the ideas website put up at the show, don't bode well: the ideas posted range from the already-existing* ("a remote screen over Bluetooth") to the optimistic ("I'd like my phone to cure my hangover") to the frankly sad ("I want my phone to have a personality & feel like a friend").
Symbian is trying hard to create a community feel, and crowd-sourcing is a nice idea. However, chasing the Web 2.0 trend might not be the best way to remind people that not only is Symbian a decent platform but it's also still the dominant smartphone platform by an order of magnitude. The iPhone might be more sexy, and Android cooler, but device numbers still favour Symbian, for the moment at least. ®
* The RedFly does this, but that's Windows Mobile only, so perhaps the idea is valid.
For the record, I have a Nokia Symbian phone, and have installed the following apps:
Opera Mini - Great web browser
Google sync - Invaluable calendar and contacts sync.
Timer - The boffins at Nokia forgot to include a timer as standard. Doh!
SymSMB - For moving files over Wifi. Nokia have now shot down this app, claiming intellectual property issues. Way to shoot yourself in the foot, Nokia!
Make of that what you will. There is certainly none of the flair of iPhone apps, despite Symbian's many more years in the market. If Symbian has a future, it is in a tier in between featurephones and iPhone/Andoid phones.
Symbian only has numbers because of the high-end Nokia phones. I'd bet most of those just get used as phones with a bit of email.
Last Symbian I had was too slow, the Exchange support poor. Now a happy Windows Mobile user (yes, I'm the one!).
Has any one tried the Ovi store?
Don't bother. Got an iPhone via work last week and it's just too easy to find and install apps. Ovi store doesn't come close. Plus, web browsing on my phone is just too sloooooooooow Zzzzz


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A store owner on Foul Bay Road fended off a robber armed with a knife during the trick-or-treat portion of Halloween until Oak Bay Police could arrive.
Oak Bay Police responded to a call at about 7:45 p.m. of an armed robbery in progress on Oct. 31 at Tomley Market. A 43-year-old man who had been posing briefly as a customer in the store – and wearing a face mask – then brandished a knife and demanded money from the store owner, said Oak Bay Police Chief Ray Bernoties.
The owner managed to flee the store unscathed.
The robber then took cash from the till but when he attempted to exit, the store owner held the door closed from the outside, said Bernoties.
“The robber kicked the door, causing it to smash and, as he exited, pointed the knife again at the store owner causing a laceration on the store owner’s finger,” Bernoties said. “He also punched the store owner.”
A store on Foul Bay was robbed at knife point on Hallowe'en. Despite a violent struggle w/ armed robber the owner held him until we arrived. He's ok but has cut on finger from knife. Robber facing many charges. I just dropped by the store to check on them. I'm glad I did.
— Ray Bernoties (Police Chief – Oak Bay Police Dept) (@ray_oak) November 2, 2020
Oak Bay Police officer arrived shortly after to arrest the robber who was still there, physically detained by the store owner.
All the money was located on the robber as was the knife, Bernoties said. The man rode his bike to the store and was trying to flee on it.
“The accused has a history of violence, robbery, and being armed,” Bernoties said. “His face was covered while in the store which is not unusual during this pandemic so he was able to walk around the store for a moment before the robbery without causing concern.”
The man was released on conditions. He will face several charges including armed robbery, Bernoties said.
“We strongly discourage people from fighting with armed individuals over money as this could’ve had a much worse outcome,” the chief added. “However, there is no doubt that the actions of this store owner were critical to ensuring the suspect’s immediate arrest and return of the property. I’m pleased he is doing well and I’m sure his customers will also be relieved as he is a highly respected member of our community.”
Do you have a story tip? Email: email@example.com.


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Cannabis Industry A Target Market For The Security Technology Industry
The security technology industry is looking to the opportunity of providing its high tech products and services to the growing cannabis industry. Cannabis companies offer the security industry both opportunities and challenges in designing customized and proprietary cannabis industry surveillance, safety and security. The cannabis industry is growing with companies such as Aurora Cannabis (NYSE: ACB) (TSX: ACB.TO), Canopy Growth Corp. (NYSE: CGC), Supreme Cannabis Co. (OTC: SPRWF), OrganiGram Holdings Inc. (NASDAQ: OGI), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF). DirectView Holdings, Inc. (OTCQB: DIRV) is one industry leader focusing on serving the cannabis industry.
Tickers: Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB.TO), Supreme Cannabis Co. (OTC: SPRWF), DirectView Holdings, Inc. (OTCQB: DIRV), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI), Canopy Growth Corp. (NYSE: CGC).
New York, NY, October 30, 2019 — Stock Market Press is a leading financial news company that delivers up to date news. News on the wires today includes how the fast-growing cannabis industry is an attractive opportunity for security technology companies. These firms can offer the latest trends in surveillance equipment to protect cannabis facilities.
The cannabis industry is growing significantly as it cultivates crops and markets CBD products internationally. The security technology industry sees cannabis companies requiring special and proprietary needs for their facilities.
In other news we also talk about: Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB.TO), Supreme Cannabis Co. (OTC: SPRWF), DirectView Holdings, Inc. (OTCQB: DIRV), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI), Canopy Growth Corp. (NYSE: CGC).
Roger Ralston, DirectView CEO and Chairman, in an interview with NASDAQ said, “Cannabis is growing. Companies are marketing CBD products. They all have a need for what we sell.”
Ralston has described the benefits of DirectView’s successfully negotiating the restructuring of its $9 million+ in debt exposure. It has replaced that with a restructuring initiative that will eliminate approximately $5.5 million of convertible debt exposure and consolidate the remaining debt into approximately $3.5 million.
Ralston said the impact of the restructuring has been enormous. The transaction between the company, its two largest debt holders, and the new investor will free the company from high penalties and interest. The restructuring gives the company the freedom to reinvest in growth, look at acquisitions and the potential to grow.
“It is a game changer,” said Ralston. “It takes a monkey off our back.”
One future opportunity is the chance to pursue the growing needs of the cannabis industry, he said. DirectView can offer potential clients everything from products that detect facial recognition, offer artificial intelligence and can employ a multitude of parameters to locate specific persons, if needed.
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB.TO) stock hit $3.60 at the close Tuesday after a previous close of $3.69. It has a 52 week trading range of $3.40/$10.32.
Supreme Cannabis Company (NASDAQ: SPRWF) reported significant gains for its Q4 2019, driven by the performance of its 7ACRES brand. Results from Q4 2019 were revenues of $19 million, a 443% year-over-year jump from its $3.5 million in the comparable period the prior year. Q42019 was up 90% from Q3 2019, the company reported.
The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) stock reached a price of $0.75 at the Tuesday close. The 52-week range is $0.74/$4.38.
OrganiGram Holdings Inc (NASDAQ: OGI) stock on Tuesday was off by 6.87% to $3.39.
Canopy Growth Corp. (NYSE: CGC) stock reached $20.57, off 4.94% from its open on Tuesday.
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Twitter has become the latest digital media company to boost its third-party measurement credentials, as advertisers and agencies demand increased transparency on campaign performance.
The social platform is entering into global relationships with Moat and Integral Ad Science to bolster its video ad measurement tools, and to inform brands if their videos are “viewable by humans”.
Twitter has also extended its partnerships with Nielsen and comScore, to enable advertisers to measure whether their ads were delivered to the intended audiences.
It follows the news that both Google and Facebook have agreed to audits by the Media Rating Council, the latter in response to damaging revelations that it overstated video campaign performance metrics.
In a blog post, Ivan Santana, group product manager, revenue, at Twitter, commented: “What is the impact of my marketing efforts? Brands have been asking this question for years. However, even with the precision of digital, the challenge remains.
“We are committed as a company to enhancing our measurement solutions, an area in which our MoPub team has already built a strong foundation over the past year. Today, we’re taking our commitment a step further.”
GroupM’s chief digital officer and North America chair Rob Norman added: “As a trusted partner, Twitter consistently provides us with new ways to buy and measure our ad campaigns. This ensures us full transparency on the audience we reach and the impact we’re able to achieve. We look forward to seeing Twitter continue to double down on third-party measurement solutions.”


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rDuty LAST UPDATED ON JUNE 15TH, 2021
WHAT FUTURE FOR CROSS-BORDER E-COMMERCE IN CHINA : A BRIEF HISTORY (ENG)
The Chinese Ministry of Commerce has redefined imported cross-border products as items for personal use. The cancellation of some regulations that were to be implemented will make the entry procedure easier for brands and retailers.
During their recent March 2017 exchange on cross-border e-commerce regulations, Chinese policymakers concluded that cross-border importation would now be categorized as "personal use items", paving the way for further discussions on future policy in this emerging sector and assuming that customs duties and import policies would not be the same as for the traditional bulk import model in China.
On April 8, 2016, Chinese customs announced that cross-border imports should be taxed as general import goods, triggering a violent market response. Currently, orders declared in free trade zones are subject to a tax ranging from 11.9% to 26.35%, while validation, registration and application for import permits are postponed to 2018. If cross-border trade is categorized as personal use items, all of this may well be facilitated or even eliminated. Because unlike bulk trade, personal cross-border purchases represent low volumes, small orders and a wide variety. If customs treats all cross-border imports in the same way as traditional imports, the complex procedures will act as a daunting barrier to entry, risking plunging China back into the chaotic Daigou era* (*A daigou is a local middleman who resells products purchased abroad and, through taxes, offers advantageous tariffs). This is why the "positive list" could be transformed into a "negative list", to let more products through, while continuing to check quality and certificates in a reasonable manner.
From confrontation to adaptation
Over the past three years, as China's middle class began to take advantage of its growing purchasing power, cross-border trade in China has grown at an accelerated pace, thanks in part to the simplification of logistics and international payments and the approval of cross-border import regulations. Chinese consumers are buying quality products from around the world that were not previously available in Chinese storefronts. But local authorities have also sounded the alarm about the boom in cross-border shopping: every order placed through a personal purchasing agent ("Daigou") can cost the government tax revenue on import, transportation and sales. Other problems, such as the lack of quality inspections and the impact on traditional distribution and import networks, also irritate decision-makers.
In June 2014, Chinese Customs officially announced a new model for individual express customs clearance, better known as the "business commercial clearance model" (BC). That same year, in December, customs officially approved the customs clearance model for imports in bonded warehouses (BBC). Since then, the cross-border clearance model has been complete. On April 8, the authorities adopted a new taxation policy and new regulations on import permits. These were particularly devastating for the sector, as the "positive list" blocked a large number of qualified products. Fortunately, the import permit has been suspended until 2018 and is likely to be revoked.
Judging by the policy, it seems that policy makers in China are satisfied with the current rate of cross-border e-commerce and its ability to curb the activity of personal purchasing agents.
In the future, this policy will have to balance cross-border e-commerce with traditional import channels, while leaving less and less room for personal purchasing agents. In its 2015 study, ContactLab noted that in China, luxury goods were much more often purchased abroad than domestically, due to heavy tariffs and lack of domestic inventory. Thousands of buyers from China were queuing abroad in front of branded stores to acquire the new products. "When you see someone in a boutique, you don't know whether they are buying handbags for their own account or to resell them on the Chinese market," said the LVMH Group's Chief Financial Officer in an interview in 2015 with BOF.com.
Cross-border e-commerce allows brands and retailers to sell directly in China at a more competitive price thanks to reduced taxes, as buyers are looking for quality products that are available at an affordable price and are authentic. Researchers at the China Internet Watch blog have estimated that the number of buyers will reach 740 million by 2018. Even if the annual limit for each Chinese citizen does not exceed 20,000 RMB on average, the volume of cross-border e-commerce could be in the billions of US dollars.
As Chinese citizens increasingly buy more and more via their smartphones, the consumer market has become very lucrative. These are two aspects that foreign resellers can look forward to, as they have the opportunity to enter the cross-border e-commerce market with modest investments. And even though Daigou are still distribution channels, many brands are worried about their image, which could be tarnished by these agents. When Bellamy, an Australian brand specializing in infant milk, decided to abandon Daigou's distribution channels and sell directly to Chinese consumers, it was surprised to discover that its customers remained loyal to its products.
For resellers and brands alike, digital transformation could be the future: more and more brands and resellers are entering the Chinese market without having a physical entity in China. Accurate localization services, coupled with a good e-commerce strategy, will help overcome differences in cultures and business environments so that global companies can still benefit from exporting to China.


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Airlines devise own ticket price comparison tool
By the end of the year, an airline trade group would like travelers to be able to compare ticket prices on websites with as much information as they find at specific airline sites.
The International Air Transport Association, IATA, a group of 240 airlines, created a Web video and described for reporters Tuesday how the new comparison system would work.
Their goal is to be able to compare the costs of extra services — such as meals and seat-back entertainment, costs that are often not available on comparison sites such as Travelocity and Orbitz — at the same time as they are checking ticket prices.
As envisioned by the airlines, a customer would enter the site and could search anonymously for airlines, flight times and ticket prices, as happens now. If the customer creates a profile, with personal information such as address, martial status and frequent-flier membership, he might receive special offers such as lower prices or a free checked bag, like at a specific airline site.
"We want to offer a richer experience," said Eric Leopold, IATA's director of transformation. "Consumers are used to personalized offers."
But the proposal is contentious. Travel agents and consumer groups warn that it could lead to discriminatory pricing and fewer choices. They also argue that providing personal information in exchange for lower prices raises privacy concerns.
The dispute is flaring now because airlines have asked the Transportation Department for permission to use a new computer language for selling tickets. The current language, Edifact, is considered too rickety for all the choices available.
But the airline request to start using the computer language XML sparked 350 comments. The department hasn't made a decision yet.
Meanwhile, IATA asked technology companies in April to create websites that could handle comparisons of extra airline services. Two teams have begun and three more are possible, to create as many as five experimental websites that travelers would be able to use by the end of October.
While current website comparisons show little more than prices and flight times, the new system could have icons under each airline for roomier seating, meals and seat-back entertainment, according to the airlines.
If a traveler chose one or more of those options, the price comparison would add each airline's fees into their total price. If a customer then marked several of the airline prices for a side-by-side comparison, the site could then stack up just those airlines, as websites already do for cellphones or laptops.
"Look at an individual airline website and imagine a website that has all that information, but on a side-by-side comparison," said Doug Lavin, IATA's vice president for member and external relations.
There are currently three main global-distribution systems: Sabre Holdings and Travelport in the United States, and Amadeus IT Holding in Europe. To further complicate things, Sabre owns Travelocity, and Travelport owns Orbitz.
Airlines say they pay the global-distribution systems an estimated $7 billion a year for marketing their tickets, and would like to reduce that cost under the new system. Airlines estimate that $8 to $12 from each ticket pays for the distribution, according to Perry Flint, an IATA spokesman.
Open Allies for Airfare Transparency, a group of 400 travel agents, trade and consumer organizations, urged the Transportation Department to reject the airline proposal. The group argued it would increase fares for business travelers, reduce competition and penalize customers who refuse to provide personal information about themselves.
Critics have raised privacy complaints because airlines could collect information such as frequent-flier membership, marital status and address while selling tickets, to tailor prices for their customers.
Orbitz Vice President Chris Chiames submitted a statement to the Transportation Department warning that the personalization could "drive price discrimination against certain travelers."
The European Commission asked a panel to study the privacy questions, and the airlines plan to meet with the group in September.
The airline group said travelers could still search anonymously in the new system. But Lavin compared providing the information in exchange for better prices to shopping on Amazon and then seeing an ad on Facebook for the same sort of product.
"This is not rocket science," Lavin said. "Most customers want to personalize themselves to get better offers. They don't have to — it's their option."


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Check out a pic of what some are calling the XBox 720, which is thought will be debuted at E3 in 2013.
Mashable states the new XBox’s processors and chips are already in the hands of developers, and provided this image of “design concept of the industrial design of the box.”
Meanwhile, GameZone offers up the news that some gaming companies have already begun development on next-gen games, with mention of Lionhead, Epic and EA.
There is mention the new XBox 720 could come out next year, in 2012, but 2013 seems more likely – with 2014 a possibility, as well. I suppose the XBox 360 is still good for at least another year.
Just by the look of this image, I half expect the new XBox to be some kind of bio/tech hybrid. Looks wild.
Update: It appears this image was made by designer Tai Chiem and is not legit Miscrosoft concept art. Thanks to the guys in the comments below for the info.


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When it comes to the property market, no one has a crystal ball – but there are key indicators that can point to what might happen in the coming weeks.
Property listings on realestate.com.au dropped dramatically as a result of COVID-19 uncertainty, but we’re now starting to see signs of a possible comeback.
Seller visits to the Agent Search section of realestate.com.au are up 15% compared to the same time last year and up 22% on a three-month average.
Meanwhile, visits that convert to a match lead – when a seller is connected with an agent – are now up 2% compared to the same time last year.
The increase in seller search activity is seemingly off the back of very high levels of buyer search activity, as opposed to emerging distress, which will hopefully have a positive flow-on effect to other parts of Australia.
A drop in retail spending and office vacancies could hurt superannuation
After a surge in March, retail spending crashed back in April as stores shut down and Australians stayed at home eating through all their stockpiled food. Meanwhile, office buildings became mostly vacant by the end of March as working from home became the new norm.
Looking at properties for lease in the office and retail sector on realcommercial.com.au, there has been a surge in available properties with New South Wales seeing the biggest increases. However, it will be some time before the full impact of COVID-19 becomes obvious.
The number of properties for lease will also not reflect the full impact of the situation as many of the larger shopping centre owners and office landlords have their own leasing teams, which target tenants directly.
Analysis of search data on realcommercial.com.au showed that although search for properties for lease has picked up since the end of March, on a views-per-listing basis it was down more than 20% for both retail and office types compared to the same time last year.
It’s likely that the situation will improve slightly from this point forward, but there’s no denying that COVID-19 has caused a structural break in tenant demand.
For many retailers that were marginal pre-COVID-19, they will not survive this period, and those that do will need to look closely at their store networks. On the flip side, online shopping has been an accelerating trend for quite some time and it’s only picking up speed.
For office landlords, it is going to take time to get people back into the office and the numbers coming back will be far less than before. Most companies are likely reviewing their work-from-home policies and will not expect everyone to be back in the office every day, which will impact the amount of office space required.
In terms of how high the vacancy rate could get, we can look at examples from the past. The most recent extreme spike in office vacancy was in Perth’s CBD following the end of the mining boom when it got close to 30%. In Melbourne’s CBD in the early 1990s, office vacancy rates got to 25%. Meanwhile, most Sydney and Melbourne landlords, who are accustomed to vacancy rates well under 10%, the rental situation will become highly competitive.
For shopping centre landlords, the impacts are unprecedented. While tenant demand has been slowly declining for quite some time, such a sharp decline in tenant demand will have an enormous impact on vacancy rates and on rental returns.
While a drop in rents will be welcomed by tenants, it isn’t great news for property owners. Given the exposure of many Australians’ superannuation funds to commercial property, it will also not be great news for retirement balances.
The new development sector could have a slow recovery
According to the Australian Construction Industry Forum’s latest forecasts, the worst-case scenario timeline for construction recovery will be 2022.
Even under this scenario, health and aged care, industrial and heavy-engineering construction, particularly mining, are expected to experience decent growth in 2021. If we look at the best-case scenario, construction levels will stabilise from the end of this year across most sectors.
Whatever the outcome, there’s no doubt that 2020 is going to be tough for apartment developers as the primary buyer segments – investors and offshore buyers – have been heavily impacted by COVID-19. Smaller scale apartment developers, especially in premium locations, targeting first home buyers or owner occupiers, appear to be holding up better.
Conversely, first home buyers continue to show high levels of enquiry, which will likely lead to a quicker pick up for house and land developers.
Social housing has also emerged as a positive for the new development sector. Already the Victorian Government has announced a large stimulus package aimed at developing and refurbishing public housing and it is likely other state governments will follow suit.


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The agency will be responsible for the brand's online and offline communications, including social media, celebrity campaigns, and e-commerce.
Yellow, an integrated global creative agency based in Mumbai, has announced the acquisition of its latest clientele as the global cosmetic retail giant, Sephora - helmed by Arvind Lifestyle Brands in India. The agency will be responsible for the brand's online and offline communications, including social media, celebrity campaigns, and e-commerce.
Sephora is a luxury beauty retailer that offers a well-curated selection of makeup, skincare, and fragrance brands from around the world some of which are exclusively available at Sephora. The agency is now to operate the brand's creative marketing and digital footprint provisions across the country. This triumph comes after a compelling pitch and the fruitfulness of Yellow’s previous association with Sephora as their creative agency.
Sephora has the biggest beauty community in the world and intends to bring that global experience to Indian consumers across all touchpoints. The chief prerequisite for its new agency will be to navigate the burgeoning Indian market keeping intact the core values and global identity of the brand
Commenting on this acquisition, Shrey Doshi, creative director & founder of Yellow, said “Sephora is the go-to source for all things beauty and skincare across the world and we’re looking forward to working with such an illustrious brand and growing it across India. Over the years, we’ve worked extensively with D2C beauty and skincare brands, and are excited about merging our local know-how with the global expertise that Sephora brings to the table.”


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Issa Rae is supporting Black businesses for the holidays. The Insecure star has teamed with American Express for this weekend’s ByBlack Bazaar pop-up marketplace in Los Angeles on Saturday and Sunday. The shopping event, located at 1005 Mateo Street in Downtown LA, will feature 16 local and nationally known businesses prioritizing Black-owned companies that don’t have a physical store, allowing them to connect with live customers.
“Just thinking about shopping small and Black businesses in general, the last couple of years, even in my neighborhood, our businesses have been most affected by the pandemic,” Rae told People. “To be able to just support them genuinely and supporting families feels right and important to me, especially during this holiday season.”
In film news, the Writer’s Guild of America named Jordan Peele‘s 2017 film Get Out as the best screenplay of the 21st century. Peele won an Oscar for Best Original Screenplay for his breakout horror film, and also earned nominations for Best Picture and Best Director. The movie’s star, Daniel Kaluuya, was nominated for Best Actor.
In television news, Tyler Perry is expanding his programming with Tyler Perry’s Zatima on BET+, a spin-off of Tyler Perry’s Sistas. The 10-episode series follows Fatima, played by Crystal Renee Hayslett, and Zac, portrayed by Devale Ellis, as they navigate the ups and downs of their relationship. Zatima started production at Tyler Perry Studios this week and will premiere in 2022 on BET+.
Finally, congratulations to Olympic champion Simone Biles who was named TIME’s 2021 Athlete of the Year. Last week, the 24-year-old gymnast was also chosen as one of People magazine’s People of the Year, and was hailed for bringing mental health to the forefront, when she decided to sit out part of the Tokyo Olympics.
Copyright © 2021, ABC Audio. All rights reserved.


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Pop superstar Jennifer Lopez stepped out with her 8-year-old twins Max and Emme on Sunday (November 27).
After doing some shopping with pals, the trio were seen grabbing a bite to eat in Miami, Fla.
The proud mama, 47, recently Instagrammed an image of her growing girl.
“THIS FACE #mybaby #coconut #marshmallowprincess #lulu,” the Dance Again hitmaker captioned the cute snapshot.
The American Idol alum recently recalled the day she went into labor with the twins.
“I think of the day my kids were born…It was in the middle of a snowstorm, and I wore this big white fur coat. I was huge, and it was the only coat that would fit me,” she shared.
J.Lo and the twins’ father, ex-husband Marc Anthony, are collaborating on Lopez’s new all-Spanish album.
“I am so excited and really looking forward to this new musical journey and to celebrate my Latin roots with Marc Anthony and the Sony/Magnus family,” the mom-of-two said recently in a statement.


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A recent confidential report puts into perspective the value of user data in underground markets. As per the report, user information for popular services such as Netflix and PlayStation Plus sell for prices of $0.25 and $7, respectively, in the network of underground markets. Other services that fall prey to such practices include privilege cards and health services. The report also gives an insight to the overall rate of spam emails, phishing networks and malware.
As per this report, security breaches in the nature of user info leaks is not only commonplace, but has shown constant increase, despite marginal signs of rectification in recent times. For instance, while the overall email spam rate has decreased from 60% to 53%, the number of new malware variants added each year has increased from 317 million in 2014, to 431 million in 2015. Email phishing rate has been brought down from 1 in 965 to 1 in 1,846, although the total number of crypto-ransomware (a trojan horse that lodges into files and asks for a ransom to unlock the data) has gone up from 269,000 in 2014, to 362,000 in 2015. As expected, the number of mobile vulnerabilities have also increased by nearly 214% since last year, although the number of websites with critical vulnerabilities to cyber attacks have reduced from 20% to 15%.
The stream of data released in the Symantec report reinstates the importance of cybersecurity, its immense potential and urgent need in the present day. The slew of attacks have also given rise to the underground market seeing the sale of user info of services as mentioned above, and that is a matter of serious concern that many may be concerned with.


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By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans.
Starbucks will soon begin a trial to offer reusable cups in its cafes across Europe, the Middle East and Africa (EMEA) by 2025. In its South Korea stores, as announced earlier, the company will go one step further and eliminate disposable cups in all stores by 2025, making South Koreas the first place where the cStarbucks will phase out disposable cups entirely.
By these measures, Starbucks aims to reduce its massive waste footprint somewhat. According to Bloomberg:
The rapid surge in coffee drinking in many countries during the past two decades fueled an increase in disposable waste. An audit conducted with sustainability consultant Quantis and the World Wildlife Fund found that in 2018 Starbucks dumped 868 metric kilotons of coffee cups and other garbage. That’s more than twice the weight of the Empire State Building.
The initial reusable cups trial will be launched in France, Germany and the U.K. and then expanded to all 3,840 Starbucks outlets across 43 countries in the EMEA region, according to a company statement.
In the pilot projects, Starbucks will trial a Cup-Share program that allows customers to pay a small deposit for a reusable cup for hot and cold beverages. Tested to last up to 30 times and available in three sizes, each cup uses an identifying number associated with the Starbucks reusable cup to the deposit paid. The customer will then be able to use their reusable and return it to Starbucks via a kiosk or at the point of sale. Upon return, Starbucks will give the deposit back to the customer in the form of tender.
As part of the Cup-Share program, Starbucks will be introducing a new reusable cup that uses patented foaming technology that results in a rigid and durable wall structure with up to 70% less plastic than current reusable cups. In addition, this unique wall structure provides insulation for both hot and cold liquids, so that it can be used for both hot and cold beverages without the need for any sleeve, helping to further reduce our resource footprint.
Now, that’s all groovy. Yet thirty uses – that’s not all that much. A month’s worth of coffee, assuming the consumer has a one cup a day Starbucks habit. So, my first question, which I’ve not been able to answer by poring over public statements: what happens to that reusable cup after after uses? Can it be recycled? Yes, a cup that can be used thirty times appears better than ones disposed after each use, but the latter are paper cups with a plastic liner, and the new reusable cups are plastic. So, if those end up in landfills, are we as much better off as we’d like to be? Especially as some consumers will forget to bring back their reusable cups, meaning that Starbucks will not get the full thirty uses out of each reusable cup it provides.
Starbucks will revive other waste reduction programs that were temporarily suspended during the pandemic. According to the company:
This initiative will be in addition to providing a 25-30 pence/cent discount for any customer bringing in their own reusable cup across the region. The company is also re-introducing its 5 pence/cent paper cup surcharge in the U.K. and Germany to encourage reusable usage with funds being directed to environmental charities addressing global waste issues. This re-introduction is compounded by Starbucks stores in Switzerland and Czech Republic also introducing a paper cup charge over the coming weeks.
Note that hese Starbucks program are limited to certain countries. What about the U.S.? We’re far from number one in our waste management policies, and Starbucks has not included the U.S. in the reusable cups pilot. Nor has it announced any plans to eliminate disposable cups entirely in the U.S.. Instead, the company’s efforts are limited to a measly initiative to resurrect another programs suspended during the pandemic. And according to NJ.com:
Starbucks soon will allow guests to use personal reusable cups again.
The popular coffee chain announced in a press release that company-operated stores in the United States would be “safely reintroducing personal reusable cups” on June 22.
Starbucks suspended the usage of personal cups in March 2020 at the beginning of the COVID-19 pandemic.
The company created a contactless cup-refill method to eliminate any shared touch points between customers and baristas.
“Bringing back personal reusable cups is key part of Starbucks’ ongoing commitment to reduce single-use cup waste and goal to reduce waste by 50% by 2030,” the company said.
There are over 250 Starbucks locations in New Jersey.
I get it that Starbucks is trying to reduce its waste footprint. To its credit, it doesn’t rely on the recycling fairy to solve its waste problem – perhaps because, disposable coffee cups are particularly difficult to recycle, as this 2018 Treehugger story discusses, Starbucks Cups Are Not Recyclable, Which Means 4 Billion Go to Landfill Each Year. A billion each year. That’s a lot of coffee cups.
What the company needs at this stage is some regulatory assistance to buttress – or kick start – depending on how you look at it, its shift to reusable cups. An effective program might include a combination of large surcharges on disposable cups, a larger discount for people who bring their own, and an in-store reusable cups program. Notice that I mentioned above that South Korea would be the first place where the company will eliminate disposable cups completely.
Why is that? Because Starbucks has no choice. South Korea’s regulators appear serious about reducing the country’s plastic waste by 20% by 2025, according to Treehugger, Starbucks Will Eliminate Disposable Cups in South Korea by 2025:
Starbucks South Korea announced this week that it will eliminate all single-use disposable cups by 2025. Instead, beverages will be served in reusable cups, with customers paying a small deposit that is refunded when they return the cup using a contactless, automated in-store kiosk.
The new business model will launch this summer in select stores in Jeju, an island to the south of the mainland, and then roll out in additional stores across the country over the next four years. A company statement says, “This program helps Starbucks shift from single use to reusable packaging, bringing the company one step closer to its global goal of cutting its landfill waste in half by 2030.“[Jerri-Lynn here: citation omitted.]
The move is surely linked to South Korea’s own changes in environmental policies. In 2018, the use of disposable cups for dine-in customers was banned. Legislation introduced last year, according to The New York Times, “would require fast food and coffee chains to charge refundable deposits for disposable cups to encourage returns and recycling.”
That’s a clever strategy to get customers thinking about the environmental repercussions of using disposables and hold them accountable in some way. South Korea’s environment ministry said it wants to reduce the country’s plastic waste by one-fifth by 2025.
Once national policies become hostile to disposability, companies are forced to come up with new ways of conducting business, and they usually innovate very quickly. If Starbucks can do this in one country, there’s no reason why it couldn’t be replicated elsewhere. [Jerri-Lynn here: My emphasis.]
In the absence of such regulatory assistance, the tougher its waste policy, the more Starbucks risks the possibility that consumers may find it easier to buy their coffee for a shop that doesn’t have such tough policies. According to another Treehugger account, Starbucks Introduces Reusable Cup Program in Europe, Middle East, Africa:
It would be nice to see additional measures put in place to encourage people to use their own, however. Thirty uses isn’t all that many for a reusable cup—only a month’s worth of daily coffees. Most people own insulated cups that they’ve used far more times than that, which is why an incentive that greatly discounts bringing one’s own should be a top priority for the company—something like 1 Euro or more. This could be offset by greatly increasing the surcharge for disposables to act as a true deterrent. If that is too complicated, a basic sign above the cash that says “We’d love to fill your reusable cup” might go a long way toward building customer participation.
A sign? Is that a serious suggestion?
What would be much more effective in reducing waste would be for regulators to ban disposable coffee cups entirely. Or, to levy a large surcharge – say five dollars, five euros, or five pounds, as appropriate – on disposable cups, with the proceeds directed to waste clean-up initiatives. You could still get a disposable cup if you insisted – you would just need to pay more for that dubious pleasure. Far more likely for most consumers than ponying up that fiver is that they would soon remember to bring their own, or alternatively – and even more likely – that Starbucks would quickly roll out the reusable cups initiatives that it’s planning for EMEA countries and South Korea worldwide, or at least wherever regulators had the fortitude to adopt tough restrictions on disposable cups.
We have bottle deposit laws, and those encourage people to return bottles for recycling (and not just the people who purchased the bottles in the first instance).
For coffee cups, recycling’s not a viable option. At least not for the disposable currently in use. So regulators need either to ban the disposable cups entirely, or levy a high enough surcharge so that people – and the company – turn to other options.


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Sonic The Hedgehog Creator Yuji Naka Reveals That Players Have Been Mispronouncing Hydrocity For Decades
The person behind the wildly popular and highly influential Sonic the Hedgehog 3, Yuji Naka, recently revealed that many fans of the franchise have been mispronouncing the term Hydrocity ever since the game was released on May 27, 1994.
The news comes from a brief exchange on Twitter between the developer and a player by the name of Ethan Ellis. “Hi, there! My friends and I are enjoying Sonic the Hedgehog 3 and we’re having a discussion on the pronunciation of Hydrocity,” Ellis asked. “Is it pronounced Hydro-city or Hy-dro-city, much like the pronunciation of ‘velocity?’ Thank you!” Naka replied that “I do not speak English, but I believe it is Hydro-city,” putting the fierce debate to an end once and for all.
Naka has enjoyed a long and storied career as a developer. The designer is credited with some of the most well known games ever made including several in the Sonic the Hedgehog series. Naka also led development on Nights into Dreams, Burning Rangers, and three entries in the Phantasy Star franchise. The designer left Sega in 2006, founding an independent studio called Prope. Naka most recently worked with Square Enix to produce Balan Wonderworld.
The developer is known for being an avid race car driver, competing in the Kumho Tyres Lotus Championship in Tasmania back in 2004. Naka participated in the Elise Super Tech Championship in Motegi, Japan this past April as well. The designer apparently owns a Ferrari 360 Spider.
This comes in the wake of news that players have been less than impressed with the music in Sonic Origins. "It feels like I'm listening to these songs though a pillow with how muffled they sound,” the YouTube user known as ThePuzzleMaster64 noted about Sonic the Hedgehog 3. The problem has however been solved by modders who found a way to let players enjoy Sonic the Hedgehog 3 on its own with the original soundtrack.
Source: Read Full Article


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Computer security companies have had their hands full keeping PCs and other devices secure from cyberattackers, and while mobile malware is still overlooked, the threats are continuing to grow. There is serious concern that hackers will infect smartphones and tablets using malicious programs that are able to act like legitimate apps - giving them access to a large amount of information on mobile devices.
"We think the threat is real; we think it's a growing threat," said Gary Davis, McAfee chief consumer security evangelist. "We think there's a laissez-faire attitude with consumers not giving it the same kind of attention they give other threats."
Despite the lack of mobile attacks, where Google Android devices receive 98 percent of total mobile threats found in the wild, other operating systems need to be aware of security problems. Furthermore, mobile malware still has a lot of room to grow, even with thousands of Android-based malicious threats already spotted by security researchers.
Last updated: Apr 7, 2020 at 11:48 am CDT
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Automotive production in Turkey careened by 91 pct in April, according to figures from the Automative Industry Association (OSD) released on Monday.
While 103,350 automobiles were produced during the month of March, that figure sharply fell to just 11,164 in April, after the announcement of the first case of coronavirus was made on March 11. The pandemic in Turkey, which has resulted in the largest number of cases in any country outside of Europe and the US, has been devastating for the country's automotive industry.
Total production dropped by 28 pct. during the first four months of 2020 compared to the same period last year, according to the OSD figures, while the production of commercial vehicles fell by 36 pct. between January and April year-on-year.
Turkey still lacks a relatively developed, strong industrial sector, with the rapid growth it experienced in recent years being largely due to construction and consumer spending. The country's automotive industry, much of which is concentrated around the Marmara region, is one of its most important, and it manufactures vehicles for a number of foreign automakers.
During the month of March, 83,771 vehicles were exported from Turkey, though that number shrank to just 9,327 last month. Export figures dropped 33 pct. during the first four months of this year in comparison to the same period in 2019.


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Fusion Garage seems to have gotten the hint that cheap sells. Which is why the company is dropping the price of the Wi-Fi version its upcoming Grid 10 tablet $200 from $499 to $299. The Wi-Fi + 3G version is getting a similar drop from $599 to $399.
Fusion Garage CEO Chandra Rathakrishnan dropped the news in a blog post on the company's website, noting that previously ongoing negotiations with manufacturers prevented Fusion Garage from announcing the device at $299. "The important thing, however, is that we have created a new price-performance segment of the tablet market," Rathakrishnan noted. And that's a big deal - at least until Amazon releases its own tablet and plays a similar game pricing its tablet at sub-iPad levels.
With the announcement of the price cut, however, comes news that the Grid 10 will be delayed from September 15th to October 1st. Fusion Garage cites changes to the Adobe Flash Player approval process as reason for the delay and was quick to say that the delay wasn't indicative of any larger issues.


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GST in Budget 2017 may make branded apparels expensive
If you have been thinking of revamping your wardrobe this Spring Summer, you ought to check upon your wallet because the introduction of GST (Goods and
If the industry veterans are to be believed, there would be a 3-4% rise in the prices readymade apparels and other finished textile products. As of now, textile industry pays 8-9% of tax. However introduction of GST may make this tax almost 12%, if not the government starts following the 18% tax rate, which will make the prices dearer further.
Industry experts, who spoke on condition of anonymity said, they are expecting a tax of 12% GST. But the duties they would now be paying at the manufacturers’ end will be quite high. For worse, the textile industry may witness inflation till third quarter of the financial year in 2017-18.
The textile industry is making sure the tax slab remains limited within a neutral rate as they fear a little above will hit this market like anything.
Garments industry as luxury
There is a talk going on in the industry that textile is being seen as a luxury and is being planned to taxed accordingly. Putting a luxury tag will mean a t-shirt worth Rs 500 or a dress of Rs 5000 will have a higher tax slab because of the ‘branded’ label.
And if that actually happens, the middle class buyers that form the major chunk of consumer would be affected the most.
Well, tax experts say, in the long run GST would be beneficial for the industry. Currently as a value chain, in textile, too many inter-state transactions happen. This anyways bump ups the price. With GST the small and medium players would require to pay one tax and things may fell in place.
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The latest company to make the change to non-GMO may be Smucker's, if Green America has anything to do with it. Yesterday, Green America’s GMO Inside campaign launched a major push: “Smucker's: Make PB&J Great Again.”
"We are playing off the Trump campaign slogan, but in such a way that people will know that we are asking for something quite different – a return to PB&J before GMOS," explains Michael Stein, Food Campaigns Manager for Green America. "In many ways this slogan gets at the heart of our campaign goals. To remind Smucker's that they were built on outstanding products made without a reliance on genetically engineered ingredients and chemical agriculture, and that American consumers are increasingly seeking out clean, healthy, products produced without GMOs."
The new campaign calls on the J.M. Smucker Company to stop sourcing genetically modified ingredients for its peanut butter and fruit spreads. GMO ingredients currently being used by the company include high fructose corn syrup, beet sugar, canola, and soy.
Smucker's added GMO labels to some of its products this spring, notably Smucker's Natural Creamy Peanut Butter. The label on this peanut butter, which only contains peanuts and salt, claimed that “trace amounts” of GMO substances might be included, probably a reference to trace GMO cotton, a crop that is often rotated with peanuts. There are no GMO peanuts produced in the U.S.
Meanwhile, the company has spent a total of more than $1 million fighting GMO labeling initiatives according to Just Label It, including $555,000 to stop California's prop 37, nearly $350,000 against Washington’s proposed GMO labeling bill in 2013, and about $640,000 in 2014 against similar campaigns in Oregon and Colorado.
From the Organic Authority Files
Green America is also asking Smucker's to go a step further and source “the highest quality organic ingredients” for its products, according to GMO Inside Co-Chair John W. Roulac.
While the bipartisan federal GMO labeling legislation that passed at the end of last month will not be applied for two years, consumers continue to demand that individual companies, such as Smucker's, transition to non-GMO ingredients and change product labels to include GMO information in the meantime.
Companies such as General Mills, Hershey’s, and Campbell’s have all recently committed to clear labeling of GMOs on packaging. Green America has successfully targeted several of these brands with similar campaigns, including Hershey's Kisses and General Mills' Cheerios.
Smucker's is a producer of Smucker's jams, jellies, and spreads and Jif peanut butter.
Related on Organic Authority
Anti-GMO Labeling Lobbyists Doubled 2014 Spending in 2015: $101.4 Million to Keep Consumers in the Dark
What's the Biggest Issue with GMOs? (Hint: It's Not Exactly Labeling)
5 Major Fails of the New GMO Labeling Law (and 5 Ways It's Not So Bad)
Image care of Green America


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tv Nightly Business Report PBS May 26, 2011 7:00pm-7:30pm PDT
it doesn't mean that we rule out forever acquisition, that could come later on. >> tom: we appreciate the insights, and the global alcohol and spirits business, our guest this evening, the c.e.o. of pernodry card, pierre pringuet. >> tom: google launches an electronic wallet that lets you >> suzanne: a tiny game in the use your cellphone to pay for everything from lattes to dow today. clothes, and it lets merchants entice customers with deals of >> tom: yes, lots of better the day. >> in the future you find an offer you want, you save it to feelings in the last 48 hours your wallet with a click-- no certainly, despite kind of more clipping or printing. that drum beat of concerns over the economy six months ahead or so, let's go ahead and roll with tonight's market focus. spending and saving with your cell phone, but at what price. you're watching "nightly business report" for thursday, may 26. >> suzanne: but will paying with >> tom: stocks were able to make small gains for the second day you're watching "nightly business report" for thursday, may 26. in a row, but we saw a big rally this is "nightly business in bonds. let's start with the past 180 report" with susie gharib and sessions with the 10-year u.s. tom hudson. government bond yield. as this interest rate drops, the price of the bond rallies.
this 3.06% is the lowest rate all year, fueled by growing this program is made possible by contributions to your pbs worries about the u.s. economy station from viewers like you. and possibly fewer bonds, as the debt ceiling negotiations continue on capital hill. captioning sponsored by wpbt a big place to watch in the market. >> tom: good evening everyone meantime, leading the dow was tech giant microsoft, jumping and thanks for tuning in. 2%. susie gharib is off tonight. i'm joined by suzanne pratt. trying to break its downward trend. hedge fund manager david einhorn called for c.e.o. steve ballmer google finally took the wraps to be replaced. einhorn points to microsoft's stock performance as a reason off google wallet. for ballmer to leave. einhorn owned nine million shares of microsoft as of late march. >> tom, the google effort put software on smart phones, it allows subscribers to use the device to pay for things. mobile payment services are let's talk about performance widely used in japan and under ballmer. ballmer has been c.e.o. for more already there are other u.s. companies testing similar than a decade. this is the past 10 years of m- applications. s-f-t shares. they're down 30% from the late >> tom: erika miller explains spring of 2000. there are some obstacles to the success of the google wallet. today again with a slight rally.
>> reporter: it's a familiar the luxury business is treating tiffany well. routine. you go into a store, pick out its first quarter earnings came the items you need and pay with in a dime per share above estimates. cash or credit card. but if google and mastercard sales were up by double digits have their way, the experience will soon be much different. and margins were higher. shoppers will get personalized coupons on their cell phones, pay with the phone and have receipts immediately emailed. a wicked combination, and tiffany saw green. up 8.6%. it led the consumer mastercard's ed mclaughlin discretionary sector today, which was the strongest stock group. promises nothing short of life- changing technology. the rally takes tiffany >> we think the experience is absolutely revolutionary. to a new 52-week high, which is it's going to transform also a new all-time high for shopping. so, it's not simply the payment- shareholders. - which you can use paypass and the trusted mastercard network for-- all that like you would have before. it wasn't the only higher-end but now you can also get retailer to sparkle. coupons, rewards, you can redeem the offers, you can have your signet jewelers, owner of jared receipts right in your phone. and kay jewelers, was up 5%. >> reporter: mobile payment may earnings came in better than expected. be enticing to many consumers, this is a new 52-week high for but not everyone. coach, up 5%. a big concern is security. and polo ralph lauren recovered some of what it lost yesterday, plenty of people are up 3%. uncomfortable putting financial information on their cell phones. >> reporter: similar to an two other retailers-- shoe store a.t.m. card, the google wallet genesco raised its outlook-- will be protected by a pin number. shares hit a new 52-week high. the technology's roll-out will take time. electronics store h.h. greg tried to snap back after a the service is being be tested falling this year. strong earnings helped the stock in new york and san francisco, add almost 18%. and will be expanded nationwide this summer. currently only 120,000 merchants have the paypass technology needed to participate. drug maker abbott lab shed more
google's stephanie tilenius says the appeal for stores is luring in customers with deals. than 1.5% as volume picked up. the national institutes of health stopped drug trials for >> offers will be delivered to its cholesterol treatment because it was found to be your inbox as an offer of the ineffective. day. you can also access offers via meantime, emergent bio-solutions rallied more than 15% to a your mobile apps like google three-year high. shopper and google wallet. >> reporter: it may surprise you that google and mastercard are the company is expected to get a u.s. government contract for its late to the game. there are a host of other tech anthrax vaccine. companies, phone carriers, banks and credit card issuers testing similar systems. finally, some financial fallout from the midwestern tornadoes one disadvantage for google and for shareholders of empire district electric. mastercard is their mobile payment system is currently only available to sprint customers. the company provides electricity in missouri, kansas, oklahoma and arkansas. "p.c. magazine's" lance ulanoff shares dove 15% after suspending says it's possible verizon and its quarterly dividend for the at&t might not participate. rest of the year. >> maybe they will go with someone else, for example, what and that's tonight's "market if apple comes out next week and focus." says "here's the new iphone 4s. it has n.f.c., it has smartcard technology, oh, and our partners are at&t and verizon." this could happen. and if this does happen, you have two competing technologies.
>> reporter: and it's not just apple that could announce a competing mobile payment system. experts predict amazon and facebook will soon follow. erika miller, "nightly business report," new york. >> suzanne: here are the stories >> suzanne: when it comes to in tonight's n.b.r. newswheel: energy use, businesses spend stocks move higher despite some millions of dollars a year to heat and cool their buildings. weak economic news. tonight, we continue our series the dow rose eight points, the "planet forward," a partnership nasdaq was up 21 and the s&p 500 added five. with the george washington university social media project big board trading volume slipped using your ideas to power our future. to 861 million shares, while nasdaq volume continues to hold frank sesno introduces us to a just below two billion shares. new kind of network that is helping companies cut their energy costs. the nation's growth rate hit a speed bump in the first three months of the year as consumer >> reporter: social networking spending slumped. is the cool kid on the block, the commerce department says first-quarter g.d.p. came in at but can technology like this be 1.8%, that's down from 3.1% at used to cut energy costs and the end of last year. make money? new claims for jobless benefits erica rowell of duke university thinks it just might. she uploaded to "planet forward" reversed course this week, an idea about one duke alum who rising when a drop was expected. is hoping to turn a profit by the labor department says new creating a mini-energy network. claims rose by 10,000 to a seasonally adjusted 424,000. >> essentially, you can think of it as democratization of the power grid. a federal judge in wisconsin
today struck down a controversial state law that stripped most collective bargaining rights from public brewster. workers, but that may not be the >> reporter: meet david brewster. final decision as wisconsin's he comes out of duke's nicolas supreme court takes up the issue school of the environment and he dreamed of a big network, one that would... >> ...fundamentally change the next month. way the electric power industry operates. >> reporter: how? by smoothing out the spikes. his company, enernoc, is trying to innovate in high-tech and still ahead, friending your low-tech ways. utility company, or how the the low-tech? concept of social networking can he works directly with building help businesses save big money managers to identify what energy on energy. they can live without when the it's tonight's "planet forward." grid is stressed-- raise the thermostat a few degrees, dim some lights. high-tech? >> tom: the vice president and a bipartisan group of enernoc tracks usage in real congressional negotiators met for a little over an hour today. time through its network and, they're working to hammer out an when the grid is stressed, can agreement to cut federal remotely lower the building's spending and raise the nation's debt ceiling. consumption. time runs out in early august. >> instead of relying on power plants to always feed electricity out of the system, lawmakers in the talks say they are making progress, but a key we can actually utilize the issue will be just how long any potential energy efficiency or demand reductions of electricity extension of the debt ceiling will last. at buildings. darren gersh takes a look. >> reporter: the seaport hotel in boston is part of enernoc's >> reporter: on the short end, a network. >> they came to the property, debt ceiling extension may last they analyzed where we could cut just until the cherry blossoms energy without impacting our come out again in washington-- about six months or so. budget watcher stan collender is guests and we committed to 300 kilowatts of reduction. not looking for the talks now
underway to reach a long-term agreement. >> enernoc can both identify >> i think they are going to savings and control usage by using this smart-grid device need something at least symbolic, a fig leaf-- something that measures real-time a number of members of congress consumption. can hang their hats on that will >> reporter: the same way we all say, "well, it's not as much as communicate by email, each building tells enernoc how much i would have liked, but it's all power its using. we're going to get." >> most end-use energy users of electricity have no idea when my guess is they will also do a and how much energy they're relatively short-term increase. consuming. maybe just enough to get through >> reporter: here's how it next march, so they'll have to come back and do this again. works. utilities pay enernoc for the networking service and for any energy it saves. >> reporter: the outline of the enernoc then shares the revenue with the building owners. emerging budget agreement is together, they reduce energy pretty clear. roughly $1 trillion in consumption and make money. discretionary spending cuts over ten years; cuts to entitlement like farm programs, federal >> the thing about demand retirement benefits and response is that you can unemployment compensation; participate and be conservative and some kind of budget with your energy consumption enforcement rule. when they ask you to, or we can all suffer a brownout or a that could be a cap on spending blackout when the grid goes or some kind of trigger for down. automatic cuts if debt or >> reporter: demand response spending exceeds a target. isn't new, but brewster says that today's technology makes it efficient. that would be enough to reach a deal on the debt ceiling, but >> its sort of the last frontier likely not enough to push this of information technology, and issue past the next election, so our mission is really to says political economist andy bring technology to bear to help business get a better grasp on laperriere. how they're using energy so that >> i think on the high end it is probably only a one-year ultimately they can make better
extension. energy decisions. one year is about a $1 trillion >> reporter: enernoc wasn't the only company to bring high-tech communications to energy increase in the debt ceiling, savings. and most of the folks i talk to regen energy uploaded a video to on capitol hill think that most planet forward, showing off what members of congress don't want to vote for a $2 trillion debt it calls "swarm logic" ceiling which would take you connecting smaller devices through the election. wirelessly-- communicating like bees-- to raise or lower energy >> reporter: so far, participants in the talks say the tone is positive, but keep use as needed in one building. in mind that the goal many budget experts say we need to so, while networking can change your social life and make you hit is more than $4 trillion in cuts. more-- or less-- productive, it's quietly moving the planet the negotiations now underway will get a quarter of the way forward. there. >> suzanne: joining us now, >> that's a pretty modest down payment on what's needed, but frank sesno of "planet forward." >> suzanne: joining us now that is where things are headed. frank sesno. >> reporter: another big budget issue will come up this fall. a very cool story, no pun the payroll tax holiday expires next year. intended. exactly how does this work? the obama administration is >> so say we'll take a real likely to push for an extension. life example, there's a chain of smaeshlgs in southern but given the huge deficit, that faces long odds. california, 150 of them. they go to enernoc, they sign darren gersh, "nightly business report," washington. them up. if suddenly there's a hot day and all of the air conditioners in the state go on, the utility or someone in the grid can go to enernoc and
say we need x amount of power, they push the button and dispch a charge to all 150 supermarkets, they dim the lights by about 30, 40%, they turn off some of the anti-sweat devices, they back off the air conditioning a little bit, and you have essentially produced power, and you avoided a brownout. it's kind of like a virtual power plant. >> suzanne: and how much could the supermarket potentially save, do you think? >> well, in this particular case, the way this works, this >> tom: america and emerging is the a large chain in markets are bellying up to the bar more often. alcohol sales in the u.s. and in southern california, just for developing economies have been picking up. signing up they get a quarter million dollars a year without names like jameson whiskey, having to lower their power. and if they lower their powers absolut vodka and chivas scotch have fueled the profit growth at french liquor giant pernod because they have to, then they split the saves with ricard to the tune of about 7% this year. enernoc. and there's a huge amount of we spoke with the company's this reserve power out there, so it really is a little magic c.e.o. pierre pringuet, starting with how he sees the u.s. trick. >> suzanne: what is the economy. potential for this technology, do you think? >> technology, there's a lot >> well, it's definitely improving. of potential, because think of and we can see that today. it this way. we call it demand response. the spirit market is growing, there's the equivalent of back to growth.
so what is good for us is tha three nuclear power plants worth of demand response power out there. so there's a lot of power, call it the extra stuff that... >> tom: what do you think is you don't really need, you driving that with unemployment know, you back off the a. c. a still generally thought of as little bit, you back off the pretty high in the united states? >> yes indeed. lights a little bit, you're but when we look at some still seeing, you're still consumer confidence index, it cool, but not quite where you is improving. were before. so there's a lot. so i think that's the >> suzanne: i'm going to think of you the next time i turn on background situation, and for the lights. us it's relatively -- >>,r time you turn off the lights. >> suzanne: okay, frank sesno >> tom: you are based in of planet forward. france. western europe is the weakest spot for new terms of growth. is they a reflection of the european economy and some of >> tom: here's what we're the debt questions that are watching for tomorrow: an update on the state of happening with governments? spending when the commerce department releases april's personal income and spending >> i would say that france is data. mark skousen, editor of "forecasts and strategies," is back as our "market monitor." behaving relatively well. he has his two favorite stocks we posted 4% growth, organic in undervalued sectors in the u.s. and europe. growth for the last nine months. probably the worst is more in and, the higher cost of jet fuel. we'll look at what the upshot is southern europe, so spain and for airlines. greece, which are the most -- >> suzanne: honda predicts its u.s. and canadian plants will be almost back to normal production >> tom: those two countries levels by august.
are in the crunch of the debt that's sooner the automaker expected, thanks in part to a crisis that's going on in rebound by its parts suppliers. southern europe. do you see your company being honda reduced its manufacturing impact bid that through this following japan's earthquake and year into next year? tsunami back in march, but >> i consider that there is no production of its popular 2012 civic model will continue at a sign of improvement in those reduced rate due to limited two countries, spain, i would supplies of some parts. last month, the civic was the third-best selling car in the also add portugal. u.s. market. but fortunately what we can see is that the situation is improving in northern europe, for insans the u. k., the spirit market is growing. >> tom: a fox in the then thousand, house that's what so germany is also very well, the justice department is not to forget about eastern calling the former director of the nasdaq. europe, which is absolutely he faces up to 20 years in booming. >> tom: have you been growing prison. johnson admitted to using his the company through post in the exchange's market acquisitions, certainly over intelligence un to it gain the last decade, back in 2001 inside information on nasdaq you bought a good chunk of listed stocks. he made over $600,000 trading seagrams wine and spirits in stocks on that information. 2005 a partnership and then got the absolute vodka brand in 2008. there's been salk r talk of a big competitor interested in cuervo. are you interested in cuervo?
>> well, our position today is not to make any further acquisition for the time being. you mentioned the three acquisitions, i should mention that altogether it represented 20 billion euros of investment. so now the focus is really to continue to develop the company, and we communicated to the market target, which is by june 2012, the main focus. >> tom: so looking now to pay >> suzanne: the field for tech i.p.o.s might soon get a bit down the debt that you incured crowded. after linked-in's spectacular by the acquisition strategy, debut last week, there are as opposed to going out and rumblings that zynga, the social gaming juggernaut, is planning looking for growth via to go public. purchases? >> it's definitely for the for many, including tonight's time being the organization. commentator, it's reminiscent of the go-go nineties. here's harry lin, executive in residence at idea-lab, a startup incubator in pasadena california. >> within the professional circles that i travel, i am hearing so much about the frothiness of the market that i'm beginning to think that i work at a starbucks as a
barista. extra-froth please! no froth! the circles i'm talking about are technology startups, the internet industry, and the investors and entrepreneurs who drive those businesses. the so-called "frothy market" began in earnest in the second- half of 2010, when group-buying startups such as groupon were garnering eye-bleeding valuations by private investors. and not a week went by without a tech blog-fueled tizzy about facebook and how it's worth, oh, a trillion dollars. what i find fascinating are several of the tangible consequences of the perceived frothiness of the tech and internet markets. startups that just last year who said they weren't going to go public are-- surprise!-- filing for i.p.o.s. early-stage investors, such as angels and incubators, can't get deals done because startup founders are demanding crazy- high valuations. i've got would-be entrepreneurs pitching me their latest, greatest startup ideas-- like a group-couponing designer- clothing-flash-sale social-
networking iphone-app mobile check-in electric car. whether you like your technology latte with extra froth or no froth, these startup market dynamics are real. doesn't matter if valuations are more perception than p-to-e based, because as this froth alchemizes into liquid exits for venture capital investors and startup entrepreneurs, we'll all be wishing we were drinking the same foam. i'm harry lin. >> suzanne: that's "nightly business report" for thursday, may 26. i'm suzanne pratt. good night everyone and good night to you too, tom. >> tom: good night suzanne. i'm tom hudson. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by:
this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video "how wall street works". to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org.


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Global music artist and producer will.i.am and The Coca-Cola Company recently joined forces at a star-studded event in New York City to debut their product line EKOCYCLE™.
The goal of the collaboration is to educate consumers about recycling choices, including repurposed items — like plastic Coca-Cola bottles — that can be transformed into such fashionable lifestyle products as Beats by Dr. Dre® headphones and New Era® hats.
A Plea for Recycling
Will.i.am was inspired to create the brand when he spotted the piles of trash that were left behind after each Black Eyed Peas concert.
“I saw how I contributed to waste via my passion, and decided to turn the wrong into a right,” says will.i.am, who wore Levi’s® 501® Waste<Less™ jeans.
“It’s a bold, inspiring vision to have a world with zero waste, where trash is turned into something cool,” says Bea Perez, chief sustainability officer for Coca-Cola. “We’re inspiring people to make one simple action a day to put the bottle in a recycling bin — knowing it turns into value. Every end presents a new beginning, inspiring a movement among young people who want to make the world a better place for the future.”
Dancing and Discussing the Environment
Supporting the launch, Don’t Trust the B---- in Apt 23 actress Krysten Ritter checked out the new products along with VH1’s Big Morning Buzz host Carrie Keagan, who talked about will.i.am's new initiative and the importance of recycling.
“It’s important for everyone to start recycling. Everybody has to do it, and it’s amazing that will.i.am and Coca-Cola have created such an inspiring movement where you can physically see the recycled products turning into valuable, cool products,” Keagan notes.
As the crowd dined on hors d'oeuvres and danced next to the DJ booth, will.i.am grabbed the mic to talk further about his collaboration with Coca-Cola, which was two years in the making.
“EKOCYCLE allows companies to hop on board, so they can execute their sustainability efforts,” says will.i.am, adding that his vision is to have even more designers create “cool, fresh and fly” items for the line that are “built from recycled materials from day one.”
Products in the Collection
In addition to the limited-edition Levi’s® 501® Waste<Less™ jeans, c
“Things don’t have to end. They can begin again,” believes will.i.am.
More on Journey
- Project Last Mile Expands to Strengthen Health Systems in Liberia and Swaziland
- Stepping Up With STEP: Coke's Supplier Training & Empowerment Program Helps Women-Owned Suppliers Compete and Grow
- Infographic: Journey To $1 Billion With Diverse Suppliers
- Cold Lyrics by Hot Rappers Here! Introducing the Summer Sprite™ Cold Lyrics Series™
- Stock Up On Summer Essentials: Coca-Cola Unveils Vintage-Inspired Collection Online


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It’s been a week now since the HTC One Android 4.2.2 Jelly Bean update officially rolled out in some part of Europe. But now some folks at XDA-Developers confirmed that it is now landed in UK and some parts of Europe areas like Spain, France , Greece, Switzerland and among others who did not reported it yet. In UK both the unbranded and carrier branded by Three, Vodafone and O2 HTC One device has also began receiving the said Android 4.2.2 update via OTA (over-the-air).
Those who might have missed or doesn’t received any notification yet, might check this update on your HTC ONE from now or by running RUU update. The confirmed CID numbers are as follows:
This Android 4.2.2 Jelly Bean has a build version number to 2.24.401 and below are some noticeable changelog gathered from XDA members.
Changelog for the 4.2.2 update is:
– Android 4.2.2
– Improved BlinkFeed
– Stock HTC %battery
– Stock HTC EQS
– Long press home button works as menu
– Possibility to remove all icons from the dock
– Icons doesn’t disappear from the app drawer even if added to the dock
– Audio improvements
– Camera improvement
– Thermal configuration improvements