text:
Company in Indiana donates truck loads of goods to BR food bank
BATON ROUGE – The Greater Baton Rouge Food Bank received truck loads of goods from a company in Indiana to help recover its food supply lost in last month's flood.
The Greater Baton Rouge Food Bank took of about four feet of water and lost about 575,000 pounds of food. However, Red Gold food services, sent 23 tons of tomato products to the agency to help.
FEMA bought two truck loads, while the company sent one more
"We got two orders of disaster relief, we saw those orders, and thought we needed to send another truck out there," Jordge Cardenas, Red Gold food manager, said.
Mike Manning, of the Greater Baton Rouge Food Bank, said that it has been hard keeping the shelves of the food bank stocked with the high demand of those in need, however Red Gold's donations help make it easier.
"46,000 pounds of canned goods certainly equates to a lot of cans, but they said they couldn't figure out how many they brought here, but they aren't the only ones who couldn't figure out a number," Manning said.
"We wanted to make sure it was the right stuff, to help families create their meals," Cardenas said.
The food bank said that it is still in need of donations of food and money.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Police chief says no reason to be alarmed despite 8 shootings in...
Push for "City of St. George" could return, but with obstacles
Paratroopers jump into the Box as LSU welcomes military, baseball season
Chief: More police, partnerships will work to curb violent streak
INVESTIGATIVE UNIT: US Marshals searching for escaped WBR inmate


text:
United States investment seems strong Fidelity, which has over 7.2 trillion dollars for customers’ tokens, has also declared the starting a new organization, Fidelity Digital token Activities had been published on 15 Oct. New organization is about announce to look after and exchange of digital tokens, aiming institutional investors like hedge funds, family offices and market indirect businessmen, and also is not going spare retail investors without imposing legitimacy. this was reported in recent press report, Fidelity Digital Tokens will stress on serving some “secure, compliant, and institutional-grade omnibus storage solution for Bitcoin, Ether and other digital tokens”.
Head of the newly-created business Tom Jessop quoted with such words that Fidelity started to discover blockchain and crypto few years before, reported to CNBC today represented the idea that the idea of making tradeable individualized computerization system for crypto organization had been started form mid-2017.
Fidelity mentions research from Greenwich connectives that had been searched 70% of institutional economic main administrative, are curtained that crypto must have a status in coming era at the economic level, but lots of are in waiting lists since they joined the market earlier.
Jessop said to CNBC that the new launched organization will rolling benefits using all the sources, certainly it’s a great quality of a big organization; Fidelity is working with over 13,000 institutional customers, to bring such clients onto the expanding spot.
The latest managed organization will surely have its respect as a particular Wall Street holder of particular position, and usage of tech solutions that have been introduced again from other portions of a firm, Jessop enunciated mentioned above words.
For crypto exchange, the press report mentions about the organization usage,”that was proven as internal crossing engine and smart order router for trade execution of digital assets” that will “allow for execution at multiple market venues.”
The past news is being described according to that news, Fidelity has started to recruit professional developers to make a crypto-currency trading software, stated by internal reporter.
The big investment Administrator innovated industry also showed a business partnership including particular crypto Coinbase trade in the mid of 2017 to manage customers to have vision over their Bitcoin(BTC) holdings alongside orthodox tokens in their portfolios.
Mark Peter is a full-time member of the reporting team at Bitconews. He is a finance major with one five of writing experience. He has not held any value in Bitcoin or other currencies. He joins Bitconews as a freelance journalist, blogger and forex trader.
Get real time update about this post categories directly on your device, subscribe now.

domain: news


text:
Sep 3, 2012 - Chinese solar products maker Suntech Power Holdings Co Ltd (NYSE:STP) on Friday cut its 2012 shipments guidance to 1.8 GW-2 GW from 2.1 GW-2.5 GW and said it would continue to cut costs and stringently manage its working capital.
The company posted a second-quarter preliminary revenue of USD 471 million (EUR 374.4m), up 15% quarter-on-quarter after shipments of photovoltaic (PV) products jumped 33%.
Gross margin came negative at 10% due to a non-cash inventory provision of USD 76 million. Chief executive David King said that the April-June period had saw improved demand from Europe, China, Japan and Australia. "However, the global imbalance between supply and demand, and the challenging price environment continue to impede profitability," King added.
At the end of July Suntech launched an investigation of a potential fraud in relation to its investment in affiliate Global Solar Fund SCA Sicar (GSF). As a result it cannot provide additional financial data for the second quarter of 2012 at this time, it noted.
Suntech said it expected third-quarter PV shipments at levels similar to these in the second quarter and a gross margin in the low single digits.


text:
UPI Transactions at Rs.3.29 lakh crore in September: Says NPCI
The data divulged by the National Payments Corporation of India (NPCI) on Thursday manifests that the Unified Payments Interface (UPI) transactions value in India stood at Rs.3.29 lakh crore in September, recording an increase of Rs.30, 720 from August. The transactional value in August was pegged at Rs.2.98 lakh crore, while July had
recorded a value of Rs.2.90 lakh crore. The number of transactions is also on a steady rise, recording 1.49 billion, 1.61 billion, and 1.80 billion in the months of July, August, and September respectively.
In a tweet, NPCI wrote, “In the past few years, person-to-person and person-to-merchant money transfers have become simpler and safer thanks to BHIM UPI”. Developed by NPCI, Bharat Interface for Money (BHIM) was conceived and launched by the Hon'ble Prime Minister of India, Narendra Modi in 2016. Launched with an intention to increase Financial Inclusion and create a digitally empowered society, BHIM, an app that lets you make simple, easy and quick transactions, opened the doorway of opportunities for unique payment apps like PhonePe and Google Pay.
BHIM today has 146 banking partners, which include almost all the urban and regional banks across the length and bread of the country, and around 350 online shopping partners that go well beyond the largest e-Commerce platforms in the country. BHIM has also partnered with around 45 travel and tourism companies, eight entertainment companies including Bookmyshow, PVR Cinemas, all the eight telecom companies in India, around 42 utility solutions providers, seven NBFCs, and many more.


text:
Google’s dedicated Photos app for iPhone and iPad was updated on App Store today with the ability to enjoy your photos and videos through the Apple TV media streamer with AirPlay. Aside from the ability to beam photos and videos wirelessly to your telly, Google Photos for iOS 2.14.0, a free download from App Store, also includes unspecified performance improvements.
With Google Photos, you get unlimited cloud storage to save all your photos up to sixteen megapixels and videos up to 1080p, with the ability to use paid storage for keeping images greater than sixteen megapixels and videos up to 4K without recompression.
On a related note, Google’s PhotoScan app was recently refreshed with a quick-scan mode.
— Google Photos (@googlephotos) April 19, 2017
That app will remove glare from scanned photos and the latest update makes the process of preserving your printed memories less complicated as you can now scan your printed photos and other documents in just one tap.
Last year, Google launched Motion Stills, an app that lets you edit and turn Live Photos into animated GIFs with features like cinematic video stabilization and more. You can also use the free Motion Stills app for things like choosing a different still frame for your Live Photos.


text:
The Sony Ericsson Xperia X10 could be released by AT&T in the next few weeks. There have been unconfirmed reports that this high-end smartphone is headed for AT&T for months, and the launch is supposedly drawing near.
The Xperia X10 runs Google’s Android OS, and offers a large, high-resolution display, a 1 GHz processor and a 8.1 megapixel camera, among other high-end features.
This model has just passed AT&T’s internal certification process, according to an unconfirmed report, clearing a major hurdle for its launch.
The exact release date has not leaked out yet, nor has the price.
An Overview of the Sony Ericsson Xperia X10
The Xperia X10 is full of high-end features, starting with its 4 inch, WVGA+ (480 x 854 pixel) capacitive touchscreen.
It runs Google’s Android OS on a 1 GHz Qualcomm Snapdragon processor. The version available now has Android OS 1.6, but Sony Ericsson has promised to release a version of OS 2.1 for the device this quarter. It’s possible AT&T’s version will debut with the newer version.
Another high-end feature on the X10 is the 8.1-megapixel auto-focus camera with flash and video support. It offers face and smile detection, as well as image stabilization.
To set it apart from the competition, Sony Ericsson has built some special apps for its new Xperia models, including one that can bring together messages from a variety of sources, including Facebook, Twitter, photos, emails and texts.
A microSDHC memory card slot, a 1500 mAh battery, and a 3.5 mm headset jack are also included.
Business users might be happy to hear that this Sony Ericsson model has Exchange ActiveSync, in addition to support for consumer email systems. It also has an Office suite.


text:
It’s no surprise that San Diego Comic-Con keeps getting bigger and bigger as the years go by. Newcomer shows and movies try to get in on the action as much as possible, and because of limited space within the convention center, off-site attractions have become more popular. Though attendees had plenty of attractions to choose from, one surprising off-site quickly became a highlight of the weekend.
Mr. Robot has been gaining momentum since its beginning. Currently in its second season, Mr. Robot, which stars Rami Malek and Christian Slater, has been influential in bringing hacker culture back to the small screen. And at SDCC, f
ans stood outside in lines (sometimes with a five-hour wait) to gain a sneak peek into the off-site that was a replica of Mr. Robot’s computer store seen in the show.
Once inside, fans were able to look around and interact with the variety of items that made up the shop. Littered with "easter eggs" from the series: receipts of repairs, old computers, and gaming systems covered the store. Fans were encouraged to look around and try to find clues about the show and virtual reality experience with which they were about to take part.
After another small wait, fans were able to enter a second, hidden room. There, fans were given a Samsung Gear VR and were then led to a third room, which was transformed into Elliot’s apartment from the show. Attendees were able to interact with the room as well, with props including Elliot’s CD case and a fish tank with Qwerty swimming around. Once fans found a seat, the VR experience begun.
Now, I won’t spoil what happened in the 12-minute long movie, that’ll be a separate review, but the video itself gave us a glimpse into Elliot’s life before the events of the show.
The VR film alone was enough for this off-site to be one of the best at SDCC, but the two interactive rooms added even more excitement. Fans were also given t-shirts to take home in commemoration of the event along with water bottles and fsociety masks!
If fans were unable to stop by the shop and wait in line for the experience, Mr. Robot had other tricks up its sleeve. Partnering up with Uber, attendees who were near the Gaslamp Quarter were able to use the app to call upon a Mr. Robot Repair Van. Once inside, they would be taken to a nearby parking lot where they were able to use the Samsung Gear VR to view the film.
And that wasn’t all! To kick off the convention, the Mr. Robot team also had a VR premiere at Petco Park. Fans used a custom Mr. Robot cardboard cases to watch the video on their phones, and the first few thousand fans were even given special headphones. Right after the premiere, the VR film disappeared from the Internet and was only made available through the repair shop or the van.
Mr. Robot not only gave fans an exclusive look at something special, but they also gave SDCC an unforgettable experience that stood out above all the other VR and premiering off-sites, and for that we say THANK YOU, MR. ROBOT!
Mr. Robot airs on USA on Wednesdays at 10/9c.


text:
Our chief market analyst, Michael Hewson, provides his thoughts and analysis on this week's events.
View his week ahead video, the top stories for this week, plus our key company earnings schedule. Michael looks ahead to the next US payrolls report and the upcoming Fed meeting. Plus he examines Apple's latest Q2 numbers against a backdrop of concerns about falling handset sales.
BP Q1 results
Tuesday: When BP posted its full-year numbers earlier this year its profit more than doubled, coming in at $6.2bn, helped by the recent rise in oil prices. Both upstream and downstream business posted decent growth, with output rising back to 2010 levels. The boost in numbers was helped by the opening of seven new oil and gas fields, which helped raise oil production levels by 12%. With another six new projects set to begin this year in the North Sea, Egypt and Azerbaijan, profitability looks set to improve further, especially when combined with expectations that the company has reduced its breakeven price to $50 a barrel. BP also appears to have put the bulk of the costs of the Deepwater Horizon disaster behind it, although the company’s exposure to Russia could be a problem and overall debt still remains high at $37.3bn. With the shares near eight-year peaks, the question for investors is how much higher can they go?
Apple Q2 results
Tuesday: When Apple announced the launch of the £1,000 iPhone X last year, there was some scepticism about the sustainability of a pricing policy which, while aimed at a loyal audience, could prompt a significant slowdown in the longer term. A lot of people wouldn’t pay that much for a computer, let alone a phone. Despite a positive start at the end of last year, the high price points seem be starting to have an effect on handset sales, if recent warnings from Apple suppliers are any guide. At its last quarterly numbers the company managed to post a record quarter of $20.1bn in profit and $88.3bn in revenue, but that was against a backdrop of falling handset sales. If this trend of falling sales continues, then Apple will have to rely on other parts of its business to offset any possible fall in revenue. We’ll also learn how well the new HomePod intelligent speaker device, which launched on 9 February in the UK and US, has started to sell.
Snap Q1 results
Tuesday: It’s been over a year since Snap launched its IPO against a backdrop of enormous scepticism that is was worth the $25bn valuation. The company wasn’t (and still isn’t) close to making a profit at the end of 2017, against a declining user base and disappointing revenue. However, there was some excitement earlier this year when the company managed to post numbers which surpassed market expectations. A 5% rise in user growth and 8.9m new users surprised the market, as did a lower-than-expected loss of $350m. This is definitely a move in the right direction and there is a chance the company could benefit from Facebook’s recent data privacy controversies. Snap seems to be benefiting from a younger demographic, and the recent negative PR around Facebook could prompt a move away from Instagram towards Snapchat.
US Federal Reserve meeting
Wednesday: The upcoming Fed meeting is likely to offer an opportunity for the US central bank to critique the health of the US economy ahead of next month’s expected rise in interest rates. There doesn’t appear to have been any indication in recent data to suggest that the central bank will pull back from market expectations to raise rates for the second time this year, and for the fifth time since the beginning of last year. The recent rise in bond yields also suggests that markets are starting to price in the prospect that rates could rise four times this year. With no press conference due, the tone of the statement is likely to be key, but it’s by no means certain that US policymakers will want to raise expectations for four rate rises.
Sainsbury’s full-year results
Wednesday: Given how tough the retail environment has been this year, it would be easy to be a bit nervous about Sainsbury’s full-year results. The shares have been on a tear in the past month, rising sharply to 10-month highs after its rival Tesco posted record annual profit. The latest Kantar survey also showed that the recent bad weather had a limited impact, with Sainsbury’s increasing sales by 0.6% in the 12 weeks to the end of March. The big worry is the decline in market share to 15.8%, as a result of the discounters Aldi and Lidl, and it will be interesting to see how management intend to deal with that. Investors will also be paying attention to the Argos factor, and how it has performed so far this year in a difficult market.
International Consolidated Airlines Q1 results
Friday: It’s been an interesting quarter for the British Airways owner, International Consolidated Airlines. After a decent 2017 and a rise in profit to €3bn in its full-year numbers in February, the company announced a share buyback of €500m. The figures in the final quarter were a little disappointing, probably as a result of higher fuel costs. The company has been cutting jobs, which has seen one-off costs rise, with Iberia and British Airways bearing the brunt. Profit improved at its other businesses, including Aer Lingus and Spanish budget carrier Vueling, though they could face pressure from higher fuel prices following recent oil price rises. We could also get further details on the recent decision to take a 4.61% stake in Norwegian Air.
Index dividend schedule
See this week's details
|Monday 30 April||Results|
|ON Semiconductor (US)||Q1|
|Tenet Healthcare (US)||Q1|
|Tuesday 1 May||Results|
|Connect Group (UK)||Half-year|
|Juniper Networks (US)||Q1|
|Oxford Immunotec Global (UK)||Q1|
|Under Armour (US)||Q1|
|Western Union (US)||Q1|
|Wednesday 2 May||Results|
|3D Systems (US)||Q1|
|American International (US)||Q1|
|Avis Budget Group (US)||Q1|
|Avon Rubber (UK)||Half-year|
|BlackRock Capital Investment (US)||Q1|
|CEVA Group (UK)||Q1|
|Chesapeake Energy (US)||Q1|
|Estee Lauder (US)||Q3|
|Host Hotels & Resorts (US)||Q1|
|Hyatt Hotels (US)||Q1|
|J Sainsbury (UK)||Full-year|
|Kraft Heinz (US)||Q1|
|Molson Coors Brewing (US)||Q1|
|Paramount Group (US)||Q1|
|Prudential Financial (US)||Q1|
|Sage Group (UK)||Half-year|
|Yum! Brands (US)||Q1|
|Thursday 3 May||Results|
|Avon Products (UK)||Q1|
|BrightSphere Investment (UK)||Q1|
|Cardinal Health (US)||Q3|
|Global Payments (US)||Q1|
|Intercontinental Exchange (US)||Q1|
|Marriott Vacations Worldwide (US)||Q1|
|Pinnacle Foods (US)||Q1|
|Travelport Worldwide (UK)||Q1|
|Vulcan Materials (US)||Q1|
|Friday 4 May||Results|
|HSBC Holdings (UK)||Q1|
|International Consolidated Air (UK)||Q1|
|Numis Corp (UK)||Half-year|
|Zeal Network (UK)||Q1|
Company announcements are subject to change. All the events listed above were correct at the time of writing.
CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
CMC Markets erbjuder sin tjänst som ”execution only”. Detta material (antingen uttryckt eller inte) är endast för allmän information och tar inte hänsyn till dina personliga omständigheter eller mål. Ingenting i detta material är (eller bör anses vara) finansiella, investeringar eller andra råd som beroende bör läggas på. Inget yttrande i materialet utgör en rekommendation från CMC Markets eller författaren om en viss investering, säkerhet, transaktion eller investeringsstrategi. Detta innehåll har inte skapats i enlighet med de regler som finns för oberoende investeringsrådgivning. Även om vi inte uttryckligen hindras från att handla innan vi har tillhandhållit detta innehåll försöker vi inte dra nytta av det innan det sprids.


text:
tech2 News StaffApr 20, 2016 09:51:53 IST
Xiaomi, the Chinese vendor who has managed to woo phone markets with its flash sales and unique marketing, reportedly sold 14.8 million smartphones in the first quarter of 2016.
According to Android Headlines, a report by IHS Technology claims that Xiaomi's first quarter sales are at 14.8 million, almost similar to last year. We wonder if the numbers will match Xiaomi's official announcement of the first quarter numbers.
We've seen the Redmi 3 as well as Redmi Note 3 earlier this year. However, these numbers are said to be overall, including regions outside China. Outside China, India is one of the important markets for the company, or at least what the company has been saying all along.
(Also read: Our review of the Xiaomi Redmi Note 3)
A report late last year claimed that Xiaomi had missed its 2015 sales target mark of 80 million smartphones, which put the company under pressure to prove the valuation to investors.
Xiaomi is known for its unique idea of selling a limited number of products via flash sale. The company relies only on social media to promote its products. The flash sales gathered a lot of hype, while company also started focusing on fan clubs. It was in December 2014 that the company raised $1.1 billion and leaped to a valuation of $46 million.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.


text:
Deputy Minister of Civil Protection Hardalias says no plans for new lockdown
The Deputy Minister of Civil Protection, Nikos Hardalias, briefed the press corp on Tuesday about the operational developments regarding the course of the coronavirus epidemic.
Over the last 19 days, 13.9% of those who came to Greece by any means were checked, with 295 cases being imported from abroad.
As Mr. Hardalias said, the first 5 countries in imported cases were Serbia with 78, Bulgaria with 63, Romania with 61, Albania with 23, and the USA with 6. Specifically, out of the total of 295 imported cases, “76% are from the four Balkan countries”.
Taking stock of the current situation, Mr. Hardalias said that until Sunday:
-4,007 cases have been recorded
– of these 435 are currently active, 1030 have been discharged, 2347 have recovered from their home, 195, unfortunately, did not make it
Especially when it comes to border control, Nikos Hardalias announced that in the first 3 weeks:
– 918032 people arrived in Greece
– 620652 have arrived by air
– The 48720 by boat
– The 248660 by road
– 127,000 tests were performed, which means that 13.9% of those who came were checked
– the confirmed cases are 295: At the airports, we had 105 in ports 4 and land borders 186.
You may be interested
All retail stores to open on Monday in Greecemakis - Jan 15, 2021
The Expert infectious disease team has proposed opening retail stores nationwide from Monday via the ‘click in shop’ method, while…
Hellenic Air Force: How low can you go?Panos - Jan 15, 2021
In the last few days a video from an Helenic Air Force Base has gone viral. It demonstrates the level…


text:
Global Bioenergies has received its first orders totalling several tonnes of its naturally-sourced isododecane product, Isonaturane 12, from a number of major cosmetics players including L’Oréal.
Isododecane is used in make-up to deliver long-wear properties, and in skincare and haircare for textures with lightness and softness.
Global Bioenergies makes a bio-sourced version of Isododecane, manufactured entirely in France from locally sourced raw materials, that meets ISO 16128 requirements in terms of naturalness in cosmetics products.
The Paris company said the first orders from L’Oréal, its leading shareholder via the cosmetic giant’s BOLD (Business Opportunities for L’Oréal Development) investment fund, will contribute to support the L’Oréal for the Future sustainability programme.
Ana Kljuic, vice-president R&I L’Oréal for the Future & Green Sciences, said: “Our investment in Global Bioenergies is at the core of our commitment to achieve 95% bio-based ingredients, derived from abundant minerals or circular processes in our formulas by 2030.
“Thanks to its breakthrough technology that is now becoming an industrial reality, Global Bioenergies drives forward the cosmetics sector in its quest for naturalness and, beyond cosmetics, helps it to make a broader proactive contribution to the environmental transition.”
Daphne Galvez, Global Bioenergies commercial director, added: “Today, longstanding discussions with specific key players come to fruition.
“A further spate of orders is under preparation: at in-cosmetics, the world-leading event for cosmetics ingredients held last month in Paris at which we launched Isonaturane 12 on the market, we held around a hundred discussions with a range of stakeholders including brands, tollers and distributors.”


text:
There was consternation in Coventry recently when the city’s Ricoh Arena, which is one of the football venues of the London 2012 Olympics, revealed the extent of the cover up they are required to undertake to remove all visual references to non-sponsors during the event.
As part of their preparations, the stadium is required to cover logos on anything and everything - from hand dryers in toilets, to road signs directing people to the venue.
With just six months to go, it is not surprising that the Olympic enforcement team is making its presence felt, and brand owners must take care not to be found in breach of the stringent marketing and advertising rules that apply.
While the approach may seem draconian to some, it is important to remember that any trademark registrations and statutory provisions that exist are specifically designed to protect the interests of corporate sponsors - a point that marketers should appreciate.
Many corporate sponsors for the London 2012 Games are thought to have invested more than £100m a piece for the right to associate their brand with the event.
And they could be justified in feeling that this is not money well spent after discovering that according to research carried out by Ipsos MORI, three out of five (59%) people in the UK were unable to name a single Olympic sponsor.
The Olympic symbol of five rings is one of the most protected logos in the world and it is registered as a trademark in most of the 45 categories of goods and services in the EU trademark registry.
These intellectual property rights belong to the International Olympic Committee but are enforced in the UK by the British Olympic Association and until the end of 2012, by the London Organising Committee for the Olympic Games (Locog).
In addition to preventing any misuse of the Olympic ‘rings’ there is also statutory protection under the Olympic Symbol (Protection) Act 1995 for certain words, symbols and mottos, including the words, ‘Olympic’ and ‘Olympiad’ and the motto "Citius, Altius, Fortius" (Faster, Higher, Stronger).
For the 2012 Games, a new statutory right has been created, called the London Olympics Association Right (Loar).
Owned by Locog, this is an exclusive right preventing any entity from referring to or associating itself with the Games without permission.
This legislation prevents unauthorised use of certain ‘listed expressions’, which could suggest an association - for example, seemingly innocuous phrases like ‘summer 2012’ and ‘London 2012’.
The marketing and advertising restrictions that apply to the London 2012 Games are probably the strictest to date and not without good reason.
There have been examples of ambush marketing at some recent Olympic events. For example, Nike bought up billboard space around the venues and constructed its own ‘Nike Village’ beside the real athletes’ village during the Games in Atlanta in 1996.
As if this wasn’t enough, they even handed out flags bearing the Nike logo outside key events in an attempt to ‘ambush’ the Games’ official sponsor, Reebok.
It is possible that some brand owners are unaware of the extent of the restrictions and the consequences they could face if they are found to have breached them.
For example, misusing one of the Olympic trademarks, such as the ‘five rings’, in any design - even if the rings are filled with images and are not a direct copy of the Olympic emblem - could lead to enforcement action.
Such action could lead to an injunction being imposed against the offending company along with a claim for damages and potentially, a share of any related profits.
Similar penalties could apply if phrases are used that suggest an association with the Games, even if this is done innocently by a brand owner, perhaps just as an expression of support for the national team.
Brand owners planning campaigns over the next few months should continue to prepare them with care and attention and seek advice where necessary.


text:
“As one of Wal-Mart’s top 100 suppliers, Henkel falls under the retailer’s mandate to put RFID tags carrying Electronic Product Codes (EPCs) on pallets and cases delivered to Wal-Mart starting in 2005. However, according to Henkel, that deadline wasn’t the impetus for its RFID deployment.”
RFID Journal highlights the duct tape supplier as an early adopter of RFID technology.
Henkel has chosen Manhattan Associate’s “RFID In a Box” package to begin their efforts.
While Manhattan Associate’s solution is perhaps only poorly named, RFID News editors would be reluctant to manage any major client accounts with anything “in a box.”
“Because technology advances are happening too quickly to settle on a final decision at this time, says Henkel, those decisions will be determined later this year in 2004.”
Luckily, Henkel will be determining the nature of their RFID needs both later this year and in 2004. RFID News advises readers who supply Wal-Mart to continue to “stick by” the world’s largest retailer.


text:
Last night, the homies Luda, Monica, Scrappy, Playaz Circle, and all of DTP took over the Velvet-room night club for Ludacris Album Release party… The Club was packed with over 4000 people who came out just to get a glimpse of @LudaJuice.
His Cuz, Monica who always looks out for her fam, helped him celebrate his new album: “Battle Of Sexes” which will hit stores on Tuesday. Monica’s new album will also be out this month onÂ March 23rd. Make sure you get it. The two have a new song together called, “Canâ€™t Live With You”… Check it out… P.S. Make sure ya’ll go pick up 2 bottles of Luda’s new Drink, ” Conjure Cognac”.


text:
The debate over sexy M&M's and woke advertising
Everyone from Tucker Carlson to Seth Meyers is talking about candy these days — specifically, M&M's. This comes after the Mars company launched an ad campaign that rebrands its signature M&M characters for a “more dynamic, progressive world.”
The new campaign neutralizes the sexuality of the brown and green candies. It also introduces the orange M&M as anxious, a lifeline to Gen Z. And the company announced prefixes will be removed from the characters’ names to remove focus from their genders.
The Show spoke with Sasha Howell from Off Madison Ave, a Phoenix advertising agency, to learn about how best to market in our increasingly woke culture.


text:
Iberian ham has become the latest sought-after luxury from the west in China, but demand is outstripping supply
Having discovered the joys of French wine, caviar and truffles, China’s new rich are turning to a new gourmet delicacy to satisfy their demand for luxury goods from the west: Spain’s jamón ibérico, or Iberian ham. But demand is now threatening to outstrip supply, leaving Spaniards facing steep price rises in their most prized Christmas delicacy.
The recent lifting of import restrictions has allowed top-of-the-range ham to find its “rightful place in the market, alongside caviar and truffles”, René Lemée, the head of exports for the famous Cinco Jotas brand, told El País newspaper.
Related: World’s most expensive ham?


text:
Moore good publicity for fast-growing Appia.
The Wall Street Journal’s third annual ranking of the nation’s top 50 venture capital-backed companies called “The Next Big Thing”includes apps specialist Appia in Durham.
No. 1 on the list is Genband, which has a major presence in RTP.
Appia, founded by Jud Bowman in 2008 when he bought the smartphone assets of Motricity, came in 22nd on the 2012 WSJ list.
A year ago, Appia came in 15th.
Unfortunately for the Triangle and North Carolina, Appia is the only local company to crack the elite list.
Genband is based in Texas, but it has 500 or so employees in RTP. Genband came to the Triangle in 2010 when it acquired the VoIP business of bankrupt Nortel.
“Venture capitalists are still investing in flashy Internet start-ups, but the ‘Next Big Thing’ is more likely to be a maker of humdrum Internet plumbing for businesses,” WSJ says in its report. And Genband leads the way.
Appia, which has raised $28.25 million from investors, was cited for its booming apps story business as the reason for making the list.
“The company is expecting to hit 500 million downloads this year,” the report says.
Appia recently struck a major deal to expand its reach across Latin and South America.
About Genband, the Journal notes: “Genband counts telecom providers like Sprint Nextel Corp. and Comcast Corp. among its 600 customers for its VoIP technology. Its products include ‘Call Grabber,’ which allows a user to transfer a voice or video call from a land line to a mobile device or broadband-enabled TV.”
Selections were based on data compiled by research firm VentureSource. “Companies must be based in the U.S., have received an equity round of financing in the past three years and be valued at less than $1 billion, as the aim is to identify lesser-known start-ups,” the Journal says.


text:
The Genesis Coupe, unveiled at the March 2008 New York auto show and aimed principally at the US market, is being touted as Hyundai's answer to the Vauxhall VXR8
. It's a big, rear-wheel drive sports car that's powered by a choice of 306bhp 3.8-litre V6 and 210bhp 2.0-litre turbo.
It's the bright red car pictured in the main image in our gallery above. Shades of Infiniti G37 Coupe
, anyone?Hyundai Genesis Coupe: right-hookers on the cards
Hyundai's UK masters are probing the homologation issues required to bring the car to the UK; if there is sufficient demand from other right-hand drive markets (notably Australia), then it hopes to approve a conversion.
However, it's far from a done deal, CAR understands. The Genesis Coupe was designed for the US, China and Korea and fails to meet European pedestrian impact regulations; that means an expensive pop-up bonnet and other changes that would require expensive and timely re-engineering.
Tony Whitehorn, managing director of Hyundai UK, recently told us: ‘We would love to be able to bring this amazing car to the UK, and are keeping a close eye on public reaction to see if there is demand from British driving enthusiasts.'
Think of it as a cut-price VXR8 - itself a cut-price M5, according to some...Click 'Next' to read about the cheaper replacement for today's Coupe
And the cheaper Hyundai coupe is...
Hyundai isn't deserting its successful European Coupe - a model that's led the affordable coupe market as others have deserted it (where's your Capri, Ford?). The recent Veloster concept points to a smaller, front-wheel drive two-door aimed at European markets.
The most likely power source is the company's new 210bhp 2.0-litre turbo, and the mechanical package is based around the underpinnings of the Hyundai i30 hatchback.
Both new coupes are set to arrive in the UK in 2009, the Genesis model (main image) coming first followed by the European coupe later in the year.
Hyundai is plotting two different sports cars to replace the Coupe, CAR Online has learned: a low-volume, rear-wheel drive model to raise the profile of the Korean brand, and a more conventional coupe to raise sales.


text:
The Indian indices have been trading moderately in the green, since opening in the morning. While IT and oil & gas stocks are seeing the maximum sell-off at the moment, FMCG and banking stocks are seeing some buying interest.
The BSE-Sensex is currently trading up by around 52 points (up 0.3%), while the NSE-Nifty is up by about 15 points. Mid and small cap stocks are also seeing some interest with the BSE-Midcap and BSE-Smallcap indices trading lower by 0.5% and 0.7% respectively. The rupee is trading at 46.83 to the US dollar.
Auto stocks are currently trading positive led by Escorts, and Ashok Leyland. According to a leading business daily Maruti Suzuki plans to set up a third plant at its Manesar unit. This will lead to an investment of Rs 17 bn and the plant will have an annual capacity of 250,000 units per year. Currently, the company is working on increasing the capacity of its second plant at the Manesar unit with similar investments and capacity additions. This second phase is expected to be operational by 2012.
The company's Manesar plant currently has an annual production capacity of 300,000 cars, while its Gurgaon plant produces 700,000 units per annum. Recently the company's CEO Shinzo Nakanishi stated that the Indian car market is likely to double to 5 m units by 2015. The company seems to be well on its way to meet the growing demand in order to maintain its market leadership position.
FMCG stocks are trading mixed with Camlin and Nirma trading firm while HUL and Paper Products are trading weak. As per a leading financial daily, after HUL, Marico has announced a price hike on its products. The company has announced price hikes of approximately 3% and 5% on Saffola and Parachute respectively. As per the company, increasing price trend in copra has necessitated the price increase in Parachute. However, the company has not increased the price of smaller or recruiter packs. The price increase in Saffola is actually a price correction as during the last financial year, the price of Saffola was brought down by 10% due to competitive pressure.
In fact even Godrej is considering a price hike or alternatively a grammage reduction in its brands due to the rising cost of palm oil. In may be recalled that two years ago HUL had increased its soap prices in response to input cost pressure. On the other hand Godrej had opted to hold on to its prices. The result was that Godrej managed to gain market share at HUL's expense. Under such circumstances Godrej's move will be watched closely by HUL.


text:
Market News and Charts for September 25, 2019
Hey traders! Below are the latest forex chart updates for Wednesday’s sessions. Learn from the provided analysis and apply the recommended positions to your next move. Good day and Good Luck!
The pair failed to continue its rally, sending the pair lower towards the “Widening Wedge Pattern” support line. British PM Boris Johnson failed on his latest attempt to take Britain out from Brussels, with or without a deal. The Supreme Court rules out that the move suspending the parliament was unlawful. UK Parliament Speaker, John Bercow, then called out the the Members of the Parliament saying that the institution must meet following the decision by the SC. The UK is set to withdraw from the bloc on October 31 after being delayed for 7 months. The parliament urged Johnson to prevent a messy Brexit and to extend it rather than crashing out of the bloc without a deal. Switzerland on the other hand, is being threatened by EU leaders for rejecting a framework deal, which will incorporate all existing bilateral trade agreement between the 2 countries, and for the possibility of admitting the United Kingdom from the EFTA (European Free Trade Agreement).
The pair will continue to move lower in the following days and to revisit its previous lows. The European Union is still at odds with Australia following Canberra’s move to sign a post-Brexit trade agreement with the United Kingdom while having its existing trade agreement with the EU still on effect. The EU had recently banned Australian exports with names pertaining to locations from EU-member states and words origination from any of its members. Aside from that, the bloc demanded Australia to ditch taxes on European cars. However, this does not stop Australia from making a bilateral trade agreement with the United Kingdom. The British and Australian government have said they could sign a trade deal within weeks of the UK’s departure from the EU, scheduled on October 31. Aside from Australia, Canada is also looking to sign a post-Brexit trade agreement with the United Kingdom.
The pair is expected to breakdown from the “Falling Wedge” pattern support line, which will send the pair lower toward its 29-month low. Tension between the largest economy and largest trading bloc in the world in heating up once again. This was following U.S. President Donald Trump’s statement on the United Nations this week that globalization will not survive. President Trump triggered a series of populist and protectionist stance across the world following his election in 2016. Since Trump’s election, the European Union promised to protect globalization and the world order. Aside from this global issue, however, the bloc is also facing problem with its member states. It turns out that the EU will also fall victim with Trump’s trade war, with Germany, the bloc’s largest economy, expected to have its recession this year. Trump also criticizes the EU over its lack of support to Ukraine, an applicant country to become a member of the EU.
The pair failed to breakout from key resistance line, which will send the pair lower towards a major support line. U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agree to a trade deal, which is seen as a first step toward the first and second largest economy in the world agreeing to bigger bilateral trade agreements. The deal will also end months of trade uncertainties between the two (2) economies. However, this could be bad news for Canadian agriculture. Canada benefited from the ratification on the pacific rim trade pact, the CPTPP (Comprehensive and Progressive Trans-Pacific Partnership). This was amid the reduce Chinese agricultural export to Canada following the fallout of their relationship. Canada arrested Chinese telecom giant Huawei’s Heiress and CFO, which angered China. The arrest was made in line with the extradition treaty between the United States and Canada.
- Trading Instrument
User Review( votes)
Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. If you are interested in following the latest news on the topic, please follow Finance Brokerage on Google News.


text:
Toyota Continues to Back Hybrids, Believes EV Batteries Are Flawed
【Summary】Toyota not only believes that electric vehicles are hindered by the amount of cobalt that’s available, but also that democratizing hybrids is better for air quality.
Toyota, the quintessential brand that brought electrified vehicles to life with the Prius, has, interestingly and somewhat confusingly, decided against fully-electric cars. One would think that Toyota, with its rich history of making hybrids, would be one of the first to introduce an electric vehicle. That hasn't been the case, though, as Toyota, unlike other automakers, has shied away from EVs.
Toyota Sticks To Hybrids
Earlier this May, Toyota announced that it would continue to choose hybrids over pure electric cars over the next 10 years. Toyota's general manager of its powertrain division, Shinzuou Abe, pointed toward the high costs, weight, size, and deterioration of batteries in electric cars as the reason for the automaker continuing to avoid battery-powered vehicles like the plague.
Electric vehicles were a large part of the Paris Motor Show, and while other global brands were showing off new cars with electric powertrains, Toyota stood its ground, sticking with its decision to not go down the battery rabbit hole. Top Gear got to speak with Gerald Killmann, one of Toyota's engineers in Europe, who reaffirmed the brand's position.
Killmann provided the same insight on electric vehicles as Abe did before, explaining how the global shortage of batteries doesn't make sense to chase electric cars. "We see hybrid lasting a long time if the shortage of battery manufacturing carries on like today," Killmann told the outlet.
The engineer also put out a philosophical question for the longevity of hybrids: "Say you have 40 kWh cells. Do you put them into one EV and leave 39 other cars as pure internal-combustion, or do you make 40 hybrids, which have roughly 1 kWh of battery each?
Why Are Electric Vehicles Unattractive To Toyota?
That's an interesting dilemma that we haven't heard yet. Some brands haven't even considered hybrids, only developing fully-electric cars as a way to meet emissions and fuel economy standards. EVs are expensive to develop and manufacture, but a lot of automakers believe the high costs are worth it, as the powertrains are seen as the future.
For Toyota, hybrids are the future, and it has something to do with air quality. "Our research shows that in European cities, hybrids are running in zero-emission mode with the engine off for two-thirds of the time and half the distance they drive," said Killmann. "So if we made 40 hybrids instead of one EV we have caused half the miles to be zero-emission. If we made one EV, only one fortieth of the city miles would be zero-emission. That's why it's better for air quality to democratize the hybrid."
Lithium-ion batteries are expensive and hard to come by at the moment, and the demand for the component is expected to double by 2024. That means automakers will have to make tough decisions in the future, which include deciding to make multiple electrified offerings, like hybrids and plug-in hybrids, or one electric vehicle.
Then, there's the industry's move toward solid-state batteries, Killmann points out. While everyone's scrambling to make lithium-ion batteries, in spite of all of the supply shortages involving cobalt, lithium, and nickel, solid-state batteries are on the horizon and will require a lot of money and development on the parts of automakers. It doesn't make financial sense, at least for Toyota, to chase lithium-ion batteries at the moment with solid-state batteries right on the horizon.
If you're waiting to purchase a fully-electric vehicle from Toyota, you'll be waiting for quite some time. But the Japanese brand still has plans to introduce new hybrids, like the Corolla Hybrid, Camry Hybrid, RAV4 Hybrid (pictured), and Lexus UX Hybrid, which all were at the Paris Motor Show.
Vineeth Joel Patel
Joel Patel has been covering all aspects of the automotive industry for four years as an editor and freelance writer for various websites. When it comes to cars, he enjoys covering the merger between technology and cars. In his spare time, Joel likes to watch baseball, work on his car, and try new foods
Waymo Commits to Using Safety Drivers in Autonomous Vehicles Long Term
Mobileye CEO Claims Robotaxis Are Coming as Soon as 2022
Tesla’s CEO Showcases How EVs Will Talk to Pedestrians
Trump Administration Looks to Solidify Rollback of Fuel Economy Regulations
Deloitte Study Finds Consumers Are More Interested in EVs, Not Self-Driving Cars
Hyundai S-A1 Flying Taxi Could Help Uber Go Airborne by 2023
Waymo’s Autonomous Fleet Surpasses the 20 Million Mile Mark
Nissan Looks to Expand Electric Vehicle Powertrains With e-4ORCE Platform
- Velodyne Announces its New Compact Velabit Lidar Sensor for Autonomous Applications
- GM Holding Talks With NHTSA for Autonomous Cars Without Steering Wheels
- The BMW iX3 All-electric Crossover Will Get More Range Than Power
- Magna International to Supply Dual-Clutch & Hybrid Transmissions to BMW
- BMW i3 Urban Suite Concept is a Miniature Luxury Car
- Deloitte Study Finds Consumers Are More Interested in EVs, Not Self-Driving Cars
- California Approves the Testing of Commercial Autonomous Vehicles on Public Roads
- Volkswagen Unveils a Robotic Mobile EV Charging Concept
- Electric Vehicle Startup Fisker Reveals Details & Pricing for its ‘Sustainable’ Ocean SUV
- Mercedes Benz & Geely Form a New Joint Venture for the Smart Brand in China


text:
NASHVILLE - "You could have knocked me over with a feather!” That’s what Joanne Knox of Kingston said when told she would be headed to Hollywood compliments of the Tennessee Lottery. “I’m taking my daughter and we will have a great time!”
Joanne, a nurse, is one of the two winners from the Lottery’s Jan. 13 “Deal or No Deal” second-chance drawing. She will receive a “Hollywood Experience” trip and a chance to play “Deal or No Deal” with Howie Mandel. The “Experience” includes roundtrip airfare to Hollywood for the winners and one guest each, five days/four nights luxury hotel accommodations, $5,000, and a chance to play a non-broadcast version of the daily “Deal or No Deal” show with Howie Mandel. There will be one more trip given away in the next second-chance drawing on Feb. 24, and there will be a Bonus Drawing held on Aug. 28 for $100,000 and a chance to be a finalist for the opportunity to win up to $2.5 million.
Please visit a Lottery retailer or www.tnlottery.com for more details about all Lottery games.
About the Tennessee Education Lottery
The Tennessee Education Lottery operates entirely from the revenue it generates through the sale of its products. Net proceeds from sales of Lottery tickets, currently averaging over $5 million per week, fund specific education programs, including college scholarships, pre-kindergarten and after-school programs. Since the Tennessee Lottery began selling tickets on Jan. 20, 2004, it has raised more than $1.3 billion for these programs, and returned to Tennessee communities more than $2.7 billion in prizes and nearly $308 million in retailer commissions. For more information, please visit www.tnlottery.com. For information about Lottery-funded scholarships, visit www.collegepaystn.com.
Return to Newsroom


text:
GRAND CAMAN, Cayman Islands, September 23, 2021 / PRNewswire / – Umbrella network (https://www.umb.network/), the decentralized Layer-2 Oracle solution, today announced the acquisition of Lucidity, a leading blockchain-based digital advertising oracle. The acquisition was finalized in August 2021 for an undisclosed amount. This agreement will be accretive for Umbrella Network from the first quarter of 2022. At the time of this transaction, Lucidity had processed more than 600 million transactions, with significant transaction growth expected this year. With the integration of Lucidity, the Umbrella network will now be the world’s highest transaction volume oracle, thanks to its unique design that enables data aggregation.
In digital advertising, more than $ 30 billion are wasted every year and advertisers demand transparency. Lucidity’s technology solves this problem by unleashing campaign-level transparency capabilities down to the most granular element of a single ad – this allows advertisers to identify and eliminate waste, focus on the most effective audiences and publishers and stay compliant with rules and regulations. Built on the Ethereum blockchain, it resolves data discrepancies to reconcile billing is faster, fraud and waste are eliminated, and enables transparent supply chain assessment so advertisers know exactly where their budgets are going. .
Lucidity customers come from a variety of industries such as Hyundai Genesis in Automotive, Tourism as Grand Junction, Colorado, and QSR like KFC. In the initial phases following the acquisition, Lucidity’s customers will be powered by the Umbrella Network, making it the oracle on a larger scale of the ecosystem. Customers will receive an enhanced suite of technology tools including untapped on-chain data that will improve the digital media shopping experience by eliminating waste (time) and optimizing their supply chain. By using Lucidity, advertisers will save on average 30% on advertising purchases by campaign.
“Lucidity dramatically improves the performance of advertising campaigns for its current customer base by taking off-chain data stored in multiple centralized databases and moving it securely to the blockchain.” noted Sam kim, partner at Umbrella Network. “By combining its advanced analytical capabilities with Umbrella’s Oracle network, we will be able to deliver unparalleled insights to marketers.”
In addition to an initial integration phase, Lucidity will fully upgrade its technology to be compatible with Umbrella Network.
“For a long time, the advertising industry did not have access to the technology necessary to tackle the problematic problem of data manipulation, which causes ad fraud,” noted David moore, CEO of Britepool, former CEO of 24/7 Real Media which was acquired by WPP, and advisor to Lucidity. âNow that Lucidity is part of the Umbrella network, we have access to the long-awaited blockchain technology that will strengthen the protection of our critical data by putting it on-chain, which will help increase transparency and campaign effectiveness. This is a powerful win-win combination that will improve the advertising industry while protecting consumer privacy for years to come. “
“Speed, size, transparency and capacity are the most important metrics marketers need to analyze and produce high quality campaigns.” noted Jonathan jacoby, director of digital transformation at the Space Agency. âWe are delighted that Lucidity is now associated with Umbrella Network, as it means that we will have access to both extremely high latency and data volumes without sacrificing the privacy or security of our customers. This technology has provided such compelling results for us and our client. Samsung that we have submitted our work together for the upcoming IAB MIXX 2021 awards. “
“We have seen transparency become one of the essential priorities of our brands”, noted Kristi vanden bosch, President of OLIVER US and former Global Director of the Revlon Center of Digital Excellence. “As a global leader in the design and operation of in-house agency capabilities for global brands, we are keenly aware of the need for cutting-edge technological support, to generate value, increase visibility and helping brands empower their technology suppliers. Lucidity and the Umbrella Network are exactly the kind of solutions the industry needs and brands demand. “
“The industry needs transparency solutions that will create value for media buyers, which is why we are delighted to see Lucidity and Umbrella Network join forces”, noted Lauren Denton, Dentsu programmatic manager at Dentsu.
âAs a leading supporter of supply chain transparency, Xandr remains committed to improving the visibility of programmatic media transactions. We are excited to partner with Umbrella Network as they bring innovative technology and data benefits to the industry. advertising, “said Alex Chatfield, vice president of market development at Xandr.
Following this acquisition, Umbrella Network will continue to explore opportunities to expand into other markets that can benefit from the unique technological advantages it brings to the market, including supply chain, manufacturing, law, entertainment and games.
Lucidity’s intellectual property portfolio currently includes patents pending for decentralized financial applications and the deployment of non-fungible tokens in digital advertising, which will help automate the creation and scalability of industry-specific smart contracts, as well as to thwart deep counterfeits and creative authentication using NFT. These will be in addition to Lucidity’s current portfolio of pending patents, including Application US16 / 271,534, a decentralized and scalable digital and programmatic advertising analysis system, and Application US16 / 434,159, a Systems and methods of applying advertising standards and digital advertising measures.
To learn more about Umbrella Network, please visit: https://www.umb.network/
About the umbrella network
Umbrella Network is a community-owned, Layer 2 Oracle network that aggregates data to provide low-cost, scalable, and secure data. It uses advancements in Merkle Tree technology to write multiple data points to a single on-chain transaction, making batch data for smart contracts more accurate and cost effective. The Umbrella Network believes that a community-owned Oracle solution is essential to building a truly decentralized financial system.
Lucidity is the leading blockchain solution that provides transparency for the digital advertising industry. Thanks to the power of blockchain and cryptography, Lucidity offers unquestionable transparency to advertisers who now have a unified and authenticated view of every ad. Lucidity’s blockchain technology manages the scale of digital advertising while maintaining the privacy required by advertisers.
View original content to download multimedia: https://www.prnewswire.com/news-releases/umbrella-network-announces-strategic-acquisition-of-lucidity-leading-blockchain-based-advertising-and-analytics-platform -301384228 .html
SOURCE umbrella network


text:
Kialo requires cookies to work correctly.
Should short-term apartment leasing services such as Airbnb be prohibited in New York City?
A free market does not always shift towards the best choice for consumers or the economy, which is the case for AirBnB. As such, the government has a right and a responsibility to regulate it.
Airbnb is threatening to bring down the entire traditional hotel and hostel industry, which would result in a loss of jobs and instability in the economy.
Airbnb has leveraged its advantage to take a huge share of the market in a short amount of time, and it is still growing at an alarming rate, threatening to
become a monopoly
. This would bring about all the negative consequences of a monopolistic market.
Airbnb makes it difficult to ensure that civil rights with respect to accommodation are protected.
Airbnb constitutes a major added competitor in the hotel and lodging industry, thus causing or exacerbating consequences of an over-saturated market.
Disruptive innovation, which
sustains economic growth
, often leads to creative destruction. That's just a part of human and economic progress.
The success of Airbnb despite the lack of regulation indicates that regulation is not needed to protect consumers.
As a general principle, the government should interfere with the market as little as possible - preferably not at all.
Short term apartment leasing is currently illegal in New York but many people are still doing it. This shows that prohibition does not work.
Regulation at the city level is too broad and 'one size fits all' — it makes the assumption that all neighborhoods and buildings hold the same values, when in reality some have problems with the effects of short term leasing and others do not.


text:
In 2017, cyber-attacks like mandate alone cost UK businesses £32.2 million. Cyber security is laced with various key social, political and economic challenges of the 21st century. The attack on UK health services NHS last year signifies that there is a strong need to focus on improving cyber defence of the country. With Brexit in view, it is imperative to understand its impacts on UK’s cyber security.
This article series surveyed and highlighted the current statistics of cybercrime in the UK. Moreover, the UK government efforts to reduce the cybercrime were also highlighted in this paper. It also contained imperative suggestions to prevent cybercrime. After Brexit, the cyber defence military relations of the UK will remain the same with Five Eyes and NATO. But, the cyber security industry could be affected by Brexit in various ways. Moreover, Brexit could also affect the governments cyber laws and policies as the UK will lose its position as a Cyber Law making country. This will be an adverse effect on UK cyber security as the UK will not be able to make laws but will have to abide by them which are made by the European Union. In the midst of Brexit negotiations, the UK and EU should not forget their mutual interest and focus on maintaining an efficient and effective cybersecurity system, as their nations stability relies on it.
WHY FOCUS ON CYBER SECURITY?
The predominance of the sophisticated cyber-attacks is increasing exponentially across the globe. According to the Cyber Security Breaches Survey (CSBS) 2018 UK, 72% of large businesses noticed at least one security attack in the last 12 months. The average cost of these cyber attacks in large businesses was £9260 last year . These figures alone showed that such attacks could not only destroy business industry but could also hurt government and other private institutes in UK. Therefore, it was imperative to keep an eye on cyber attacks figures and trends. So that appropriate preventive measures could be taken to avoid such attacks.
Cyber attack is an attack on organisations, employees and consumers which could access or destroy sensitive data or extort money. This could not only destroy businesses but also peoples personal and financial lives. Cyber Security is a state or process of preventing and recovering devices, networks and program from such cyber attacks. A strong and efficient cyber security system should have multiple layers of protection spread across devices, networks and programs. Such cyber security systems could be made more efficient by people who employ smart cyber defence choices .
As the debate on the UK leaving the European Union rages endlessly on, it looks as if one imperative question is being lost beneath all the hubbub is that what will be the impact on cyber security of UK after Brexit? Brexit has also brought up a dilemma of whether UK should remain in Digital Single Market of European Union or not. Although due to the current uncertainty about the future of Brexit, it seems like a fools errand to ponder about the future of cyber security, it would be extremely useful for UK consumers to analyse the risks and trends of cyber attacks and security in the wake of Brexit .
In today’s cyber world, almost every country is busy making apparatuses for defensive and offensive purposes including espionage and sabotage. The cyberspace is mostly dominated by military doctrine like for some countries national security depends on their cyber security. In a cy- berspace, capabilities of any country could be determined by its cyber attacks, cyber dependencies and cyber defence . Therefore, it is imperative that UK should analyse and update its cyber security and stay vigilant for the aftermath of Brexit.
Although Brexit will not impact UK’s cyber security relationship with NATO and Five Eyes. It will have an adverse impact on workforce of UK’s cyber security industry. Due to the uncertainty of Brexit, the impact on UK’s cyber law like GDPR implementation is unclear. But, Brexit will be an adverse effect on UK’s cyber crime agencies framework as UK will definitely not be able to make or change cyber laws. Instead UK will have to abide by laws made by Europol due to maintained equivalency between UK and EU data protection frameworks. It is not in UK’s interest or the EU to terminate their long term cyber security partnership. Both sides should keep mutual benefit in mind during the negotiations of engagement and information sharing matters. The focus on mutual interest should not be deviated by political horse-trading or ideological intolerance. The Cyber security of UK and EU neighbour countries is too important to be a Brexit’s causality.
The UK’s basic goal should be to protect and promote national interest. For this taking, a long term strategic path for cyber security is imperative. The uncertainty of Brexit should be an opportunity for UK to test, alter and plan its cyber security ambitions for the future.
Let us know If you have any questions or suggestions about Brexit impact on Cyber Security in UK. Share your thoughts in the comments section!
Do you know anyone who would like to read the information in this post? Share it with them on facebook, twitter and linkedIn.
Please remember that sharing is caring!


text:
Thermtrol Corporation Celebrates 20 Years of Manufacturing in Vietnam
North Canton OH July 6, 2023 Thermtrol Corporation, a leading provider of wire harness serving the automotive, heavy vehicle off road, agriculture, industrial and medical industries who is headquartered in North Canton, Ohio, USA announced today that they will celebrate their 20th anniversary of manufacturing in Vietnam later this year!
“Thermtrol Corporation is excited and honored to celebrate this important 20-year milestone with our all our valued team members. Over the last 20 years, we have grown from 2 employees in 2003 to over 900 employees last year. During this growth period we have continually invested in new facilities, processes, and equipment to ensure that our products provide world-class quality and value to our customers. We are excited about the future of Thermtrol and know that our Vietnam team is ready to embrace the growth and opportunities that await us.” said Mr. Dan Kight, Thermtrol President.
Thermtrol, a pioneer in utilizing Vietnamese manufacturing since 2003, identified this region as a leader in the global commerce very early on for its capable workforce and competitive economics. In addition to industry leading quality and customer service, the facility also holds ISO 9001, ISO 14001 and IATF 16949 certifications further supporting their leadership in the wire harness industry. Thermtrol customers enjoy the benefits of Asian manufacturing along with local warehousing, support, and a multinational sales force.
“Thermtrol continues to lead the way in Vietnamese manufacturing. We have forged strong partnerships with the local workforce and regional economic authorities, which allows us to excel in our effort to become a global leader in our industry. We appreciate our team, and the achievements we’ve made together.” said Mr. Rick Morton, Thermtrol Vice President – Sales.


text:
Here’s why the British government’s Brexit fur ban isn’t all that it seems
Banning people but saving animals? Ok work.
2 days ago
What will the fashion industry look like post-Covid 19
As we reemerge into a new season of shows we look at how the fashion industry may adapt, creatively and commercially.
5 days ago
How to fight serophobia
It’s time to end the stigma of living with HIV.
Luca Guadagnino’s new show is a queer, coming-of-age gift
The ‘Call Me by Your Name’ director returns to the rocky coasts of Italy in his breezy, beautiful and nonchalant story of teenagers navigating life on an American military compound.
The unexpected triumph of Tiffany 'New York' Pollard
Tiffany is much more than just a funny reaction gif on your Twitter timeline -- she’s a reality TV genius who’s beat the odds to outdo the genre at its own racist, sexist game.
Why art schools must become less corporate and more radical again
With no access to studios, vital resources or physical degree shows, this year's graduates are frustrated. But, pandemic aside, many believe the problems art students are facing have been mounting for years.
The art establishment needs to start treating Black work with respect
The Whitney Museum's recent art acquisition scandal shows us just how much work there is to be done.
Drag Race needs a plus size winner
Across 11 years, 12 American seasons, five All Stars, one British, two Thai and a Canadian season, the winner of RuPaul’s Drag Race has never been a plus size queen.
Can the internet ever really be anti-racist?
In the wake of Black Lives Matter protests across the world, our TLs have exploded with resources, reading lists and calls for change. But can that change happen if the very history of the web is embedded in discrimination?
Why Netflix’s controversial Cuties deserves a chance
Don’t let an internal fuck-up deter you from supporting the art of a Black woman.
What will be the future of the fashion show?
While two very different show-alternatives have stood out during lockdown, it seems that runway presentations may still be fundamental to the industry.
Fashion week as we know it is dead. Or is it?
Actual fashion weeks are back!


text:
Performers Demand Digital Ad Agency Pay Fair Wages in All Productions
NEW YORK (January 12, 2016) – Sending a strong signal to ad industry leaders and the entire entertainment community, SAG-AFTRA members and supporters gathered today to call on Droga5, a leading digital ad producer with headquarters on Wall Street, to stand by its self-described “humanity-obsessed” values and stop undermining the industry standards that ensure commercial performers can earn a middle-class living. Despite repeated requests, Droga5 representatives refused to accept the petition or discuss the union’s deep concerns.
“SAG-AFTRA went to Droga5 today and stood up to agencies that exploit performers by continuing the destructive practice of unfair pay,” said SAG-AFTRA National Executive Director David White. “This event demonstrates the strength wielded by our members’ united voice and the union’s dedication to all performers who seek an acting career. There is no place in the growing, lucrative advertising industry for companies that undermine performer rights in the name of profit, and we’ll continue to fight for fair wages, working conditions and benefits for all actors.”
“SAG-AFTRA members simply went to drop off 8,000 petition names and talk with Droga5 today,” said SAG-AFTRA New York Local President Mike Hodge, who led the event. “Instead of coming downstairs and looking us in the eye, Droga5 wouldn’t accept the petition and the police were called. Today’s action shows Droga5 we’re not going away quietly and reminds them that treating hard-working performers in an equitable fashion and allowing them to earn a middle-class living is the right thing to do.”
Armed with a petition signed by more than 8,000 SAG-AFTRA members and allies, union officers and members arrived at Droga5’s offices in lower Manhattan demanding the digital ad agency pay fair wages and benefits to the performers hired for its productions. Droga5’s current practice of paying actors substandard wages without benefits is unfair and exploits the often-struggling performers who take the jobs.
The petition delivery is just the latest piece in an ongoing initiative directed at the digital advertising industry. Today, SAG-AFTRA launched a digital takeover on The Hollywood Reporter, Variety, Ad Week and Advertising Age websites to raise awareness of the unfair pay, no benefits and exploitation by Droga5 and other agencies. The digital takeover will be followed by full-page color print ads in several industry trade publications.
SAG-AFTRA is also running a social media campaign on the issue, using the hashtag #AdsGoUnion on Twitter, Instagram and Facebook, which includes a variety of creative memes to rally its members and other allies to sign the petition. The social media campaign has already reached over one million impressions across the union’s handles and comes on the heels of SAG-AFTRA members recording hundreds of voicemail messages that express hopeful interest in working with Droga5 in the future.
- News Updates


text:
On March 19, 2021 at 2:47 am at part of the processes in the N3 Building (300mm line) of Renesas Electronics’ Naka Factory caught fire, which was extinguished on the same day on March 10, 2021 at 8:12 am. On Saturday, March 20, the police and fire department conducted a site investigation, which confirmed the cause of the fire to be the plating equipment within the first floor of the N3 Building. The casing of the equipment and the plating tank have relatively low resistance to heat, and the equipment ignited due to overcurrent. However, the cause of the overcurrent and the reason for the ignition is currently being investigated.
In a press conference, Renesas confirmed that there were no casualties to the employees and no damage to the building itself. There were, however, damages to some of the utility equipment such as the pure water supply and the air conditioning as well as to some of the manufacturing equipment. While production at Renesas’ 200mm line and their wafer testing building continues to operate as usual, the production at N3 Building has temporarily halted. A Renesas spokesperson at the press conference indicated that the company intends to resume production within one month. Regarding this delay in production, the company said in its official statement:
“Although approximately two-thirds of the products manufactured within N3 Building can be alternatively produced in-house or in foundries, due to the recent increase in demand for semiconductors, the situation does not allow for all products to be immediately produced alternatively. We will ensure to make considerations to produce as many products as fast as we can.”
While the company scrambles to make alternative arrangements, there are fears that this significant halt in production will have a very large impact on its ability to supply devices to the automotive sector, as well as other sectors.
The company’s CEO Hidetoshi Shibata said: “we are concerned that there will be a massive impact on chip supplies; we will pursue every means possible to minimize the impact.”
“The news of the Renesas auto chip factory fire is yet another reminder of the importance of building resilience into new product design – and it’s yet another example of how unexpected events can significantly impact the availability and cost of electronics components,” said Richard Barnett, a veteran semiconductor supply chain expert and CMO of Supplyframe. “Automobile manufacturers, consumer electronics companies and other businesses that rely on electronics components to build their products can lower their risk of chip shortages by using new forms of intelligence that provide visibility into the supply chain.”
I wonder where the Renasas facility is. Naka ?? Where is that ??


text:
NEW YORK, Dec. 1, 2016 /PRNewswire/ -- The global LiDAR market is expected to reach USD 1.34 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance in environmental mapping and automobile safety application arenas is expected to boost the market growth. The increasing acceptance in the construction and architectural segment for monitoring & 3D-modeling applications is further anticipated to bolster the market growth.
The market can be categorized on the basis of application types into corridor mapping, engineering, environment, exploration, Advanced Driver Assistance Systems (ADAS) & others. The ADAS application segment is expected to grow at a remarkable pace owing to the surging incorporation in automotive safety and forward-collision avoidance systems; for instance, in Automatic Emergency Braking (AEB) systems to reduce the number of car crashes.
In July 2016, Velodyne LiDAR (U.S.) announced a partnership agreement with Dibotics (France), a Paris-based pioneer in the infrastructure-less and GPS-denied navigation. Dibotics would be providing consulting services to Velodyne customers in the 3D SLAM software segment, where the company would make contributions to the Dibotics platform in augmenting its technology deployed with Velodyne's 3D LiDAR sensors.
Further key findings from the report suggest:
The global LiDAR market is estimated to grow significantly over the forecast period due to automation in numerous industries, leading to reduced human efforts and increased efficiency. The technological superiority of LiDAR and several engineering projects of the large magnitude are estimated to trigger the demand by 2024.
Airborne systems are expected to remain the dominant product segment over the forecast period. The segment is anticipated to gain prominence over the forecast period on account of the surging adoption of aerial mapping devices. Mobile terrestrial scanning is a frequently preferred survey method in monitoring, conservative topography, and geospatial mapping. UAV systems, also popularly known as drone mappers, are a contemporary mapping technique that incorporates LiDAR devices mounted on a drone to conduct scanning & associated mapping operations.
North America is expected to emerge as one of the leading regional markets owing to the rising R&D spending coupled with high adoption in the automotive sector and environmental scanning & modeling operations. Asia Pacific is expected to witness a substantial growth over the forecast period. The surge in the demand across the product segments is expected to spur the market demand.
The key industry participants include Velodyne LiDAR, Inc., Leica Geosystems Holdings AG, Faro Technologies Inc., Trimble Navigation Limited, and RIEGL USA Inc. The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.
Read the full report: http://www.reportlinker.com/p04394783-summary/view-report.html
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: firstname.lastname@example.org
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lidar-market-analysis-by-component-type-laser-scanner-gps-navigation-others-by-application-type-corridor-mapping-engineering-environment-exploration-advanced-driver-assistance-lidar-market-mobile--uav-and-segment-fore-300371866.html


text:
The market of power banks has become so crowded in the last few years since built-in batteries of our mobile devices do not provide enough power during excessive usage. Most smartphones can last a day of normal use, however, if you are a heavy user that plays a lot of games or spend hours watching […]
The iPhone XR is one of the three new iPhone models released in September 2018. Although it doesn’t have some high-end features, it is still an attractive option because it is the most affordable version starting at $749.
Apple released three new iPhone models in September 2018 and the iPhone XS Max is not only the biggest but also the most expensive of them all. The original price of the phone starts from $1,099 and can go up to $1,449 for higher storage.
Apple has announced three new iPhone models at the September event 2018, we have the new XS, XS Max, and XR. The iPhone XS is the direct replacement for the iPhone X released last year. It has all the best hardware and features in a manageable size, so this becomes an ideal choice for most […]
Disclosure: This is a sponsored post, I was paid to publish this article on the website. Actually, my old laptop was not dead but it was so slow that I guess nobody could be patient enough to wait for its processing. I bought that Asus laptop 7 years ago and I left it unused for […]


text:
One-line summary: MetaQuotes has announced it will no longer sell any more new MT4 licenses. Existing licenses will continue to run.
The platform monopoly is over. How the end of MetaTrader 4 will empower the most important components of the FX industry
Some say familiarity breeds contempt, others say that he who boldly accepts change when nobody else does is foolish. The MetaTrader 4 platform embodies both of these contrasting extremities, and today is the day that marks the end of the road for the most ubiquitous trading platform in the world. On one hand, MetaQuotes, the platform’s manufacturer, has empowered 1231 retail entities which have not had to invest a single cent into development of their own trading systems, and since 2004 has been the de facto platform for brokers wishing to onboard new customers who are already familiar with a specific system, and also has been the ... (full story)
- Posted: Jan 12, 2018 12:11pm
- Submitted by:Category: Forex Industry NewsComments: 4 / Views: 2,378


text:
[France] French renewables firm Global EcoPower SA (EPA:ALGEP), or GEP, has signed a partnership with the French Alternative Continue reading Global EcoPower partners with CEA on solar and microalgae
[Spain] For the second year in a row, an independent study conducted by the iMiDRA has demonstrated the effectiveness of AlgaEnergy’s Continue reading Microalgae biostimulant to increase the productivity and taste of melon
Because Animals – an animal-free pet food brand recently launched out of Philadelphia – aims to make a ‘worldwide impact’ through an environmentally friendly, animal-free approach.
The food and supplement company is the brain child of animal advocates, rescue pet owners, and shelter volunteers Joshua Errett and Shannon Falconer.
The pair joined forces while seeking food for their companion animals that was not only nutritious and environmentally friendly – but did not require other animals to die in its production.
While Because Animals pet food is still in development, the pair have already launched an algae-based supplement designed to improve pet health and demonstrate the power of its key ingredient.
The supplement will be followed by a pet treat, set to debut this summer, and a pet food which the pair hope to release the following winter.
Errett told PBN the supplement promises better digestion, and a ‘softer, shinier coat’ for companion animals.
He added: “Our supplements contain over 250 million active probiotic cultures, and antioxidant-dense fruit and vegetable powders.
“Our all-natural ingredients contain essential minerals, prebiotics and omega 3 fatty acids.”
The soon-to-be-released pet food will adopt trends also appearing in the human food market, including that of clean meat.
“We will use microalgae, cultured protein and clean meat, and combine these ingredients with nutrients sourced from bacteria, yeast and plants to create nutritionally-complete foods for dogs and cats.”
The launch of Because Animals has not gone unnoticed in the startup world.
The brand has already been accepted to Amazon’s startup program Amazon Launchpad – and has received support from the network of investors informally called ‘the vegan mafia’, which aims to support brands that take animals out of the sales equation.
View original article at: New animal-free pet food company aims for ‘worldwide impact’ with algae and clean meat
Contact Algae World News for algae industry advertising and other opinions: [email protected]


text:
High Hopes Dashed, New Jerseyans Now, Expect Conditions to Remain the Same
According to the most recent consumer survey of Garden State residents by Fairleigh Dickinson University’s PublicMind, fewer than 1 in 5 (18%) say they are currently better off financially than they were last year, down 14 points from January 2012 (32%) and eight points from the August 2012 survey (26%). Fewer, however, say they are worse off (30%) compared with the last two studies (43 and 41%, respectively). For the first time since the same questions were asked a decade ago, the majority (52%) of New Jersey residents say they are ‘the same’ as they were in the past year.
“Whether the glass if half full or empty depends on what expectations you bring to this data,” said Krista Jenkins, director of the poll and professor of political science at Fairleigh Dickinson University. “Holding one’s own in this difficult economy can be seen as a good thing just as much as not expecting to get ahead in the next year can be interpreted as a bad sign for New Jersey’s economy,” said Jenkins.
Income has no bearing on those who say they are better off, but those between the ages of 18 and 29 (36%) are more likely than older New Jerseyans to say they are better off today than they were last year.
Looking ahead, about a third (34%) believe they will be better off next year than they are today. This is about the same as observed in August (38%), but down from last January (47%). Once again, the percent saying they will be ‘the same’ (42%) has increased dramatically from the last two times the same question was asked (19%, 18%, respectively).
“Economic optimism is clearly being tempered in the state, likely because of the enduring effects of Hurricane Sandy, a stubbornly high unemployment rate, and fiscal uncertainty at both the state and national level,” said Jenkins. Thirty-three percent say their personal finances were affected by Hurricane Sandy, and of these, a full third (30%) anticipate a continuation of these difficulties in 2013. “These numbers reinforce the concerns that New Jerseyans have over any federal delays in sending disaster aid to our region,” said Jenkins.
Those in the highest income bracket, making 150k or more, are the least likely (28%) to say things will get better in the next year but are also the most likely to say things will remain the same (51%). By a two to one margin, non-whites (51%) are more likely than whites (25%) to believe they will be better off in the upcoming year.
More Garden Staters also tend to believe that business conditions in the state have stabilized compared to their assessment a year ago. Today a fifth (21%) believe business conditions are about the same today as they were ago year ago, compared to 12 percent who said the same thing when asked in January of 2012. Twenty-nine percent believe business conditions are better today than they were a year ago, virtually unchanged from last year (30%). Sizable numbers of New Jerseyans continue to evaluate business conditions poorly. Four-in-ten (41%) believe the business climate has grown worse over the past year, a percentage that is statistically the same as the 46 percent observed last year. However, 39 percent also expect business conditions to improve over the coming year.
“Again, the data paint a complicated portrait of New Jersey’s economic future, at least as interpreted through the eyes of everyday citizens,” said Jenkins. “Stabilization coupled with optimism for the future is one way to understand things, yet retrospectively people haven’t seen much to inspire hope for business prospects in the state.”
Unemployment continues to weigh somewhat on New Jersey’s economy, as 56 percent say they or someone close to them has lost a job in the past year. This is down from 63 percent a year ago. Despite this improvement, about a third (31%) are either very or somewhat worried they might lose their job in the next year, unchanged from January 2012 (32%).
New Jerseyans continue to struggle with credit card debt, with a third (32%) saying it is very or somewhat difficult to make payments on their outstanding credit card balances, unchanged from about a third (31%) in January 2012.
On the housing front, often a leading indicator of recovery, nearly half (48%) believe homes will increase in value in 2013, unchanged from a year ago (46%). However, after a better than expected run up in housing prices in 2012, more now believe prices will decrease in the upcoming year (38%) than did in January 2012 (30%).
The composite Index of New Jersey Consumer Intentions - what New Jersey consumers think they will do in the way of purchasing and investing (See Tables 9 and 10) - is 39, a number that is virtually identical to what was observed in January 2012 (41). The index can range from 0 to 100. The composite Index of New Jersey Performance – what consumers actually did in the past year – is 34, virtually unchanged from a year ago (35). Typically, in stable times the difference between the two measures is between one and five points. During bad times, such as 2009 and 2010 the difference is more than 10 which means that consumer intentions were quite inconsistent with their actual spending patterns over the past year. Currently, the difference is within the 5- point range, which suggests that consumers are in a good position to predict their spending in the months ahead.
The Fairleigh Dickinson University poll of 676 registered and unregistered voters statewide was conducted by telephone using both landlines and cell phones from January 2 through January 10, 2013, and has a margin of error of +/-3.8 percentage points.


text:
Guaranty Trust Bank Plc (GTBank) and Zenith Bank Plc, two of Nigeria’s biggest banks, have recorded a total of N377.6billion for the financial year ended December 31, 2018.
Details of the performance of the two banks showed that GTBank made a profit of N193 billion while Zenith Bank Plc achieved N184.6 billion for the fiscal year ended December 2018.
The banks were able to achieve this on the back of a rather slow economy, while most businesses struggled to grow topline revenues.
According to the National Bureau of Statistics(NBS), a major contributing factor to both companies’ revenues and bottom lines is the money they earned from their electronic products. Electronic products, for most banks, refers to income from online transfers and transactions using a mobile phone application and such others.
Specifically, in 2018, Earnings keep rising as Zenith Bank reported total fees of N20.4 billion from their electronic product, compared to N14.1 billion in 2017.
On the hand, GTBank generated a total of N9.5 billion in 2018 compared to N7.4 billion in 2017.
However, Zenith and GTBank fell behind the likes of FBNH and UBA in terms of earnings from the e-business market segment.
In the previous year, the five biggest banks in Nigeria — First Bank, UBA, GTBank, Access Bank, and Zenith Bank collectively referred to as FUGAZ — made a total of N68.1 billion from electronic fees. This was a 4.2 percent decline compared to the N71.7 billion achieved in 2017.
Meantime, an overview of Nigeria’s e-payment industry revealed that it is fast-growing, with billions of transactions taking place monthly.
According to data from the National Bureau of Statistics, Nigeria’s electronic payment market (which is made up P.O.S, mobile payments, internet web, and e-bills), has a transaction value of about N426 billion per month.
Consequently, Nigerian Banks see this as an area of incremental revenue and have invested billions in this segment of the financial services sector. The CBN has also played its part by pushing banks to support its financial inclusion policy.
Also, several Fintech startups have also made inroads into the financial services space as they all jostle for a growing industry with seemingly huge opportunities for everyone. Thus, a peep into the results of banks provides an idea into how huge the industry is. Fintech companies are also valued based on the potential fees they can earn from transactions.


text:
Cree Well Positioned to Meet Growing SiC Demand
Cree, Inc. announced financial results for its Q3 of fiscal 2019, ended March 31, 2019. Revenue from continuing operations for the third quarter of fiscal 2019 was $274 million, a 22% increase compared to revenue from continuing operations of $225 million for Q3 of fiscal 2018.
The company posted GAAP net loss from continuing operations for the Q3 of fiscal 2019 was $22 million, or $0.22 per diluted share. This compares to a GAAP net loss from continuing operations of $10 million, or $0.10 per diluted share for the Q3 of fiscal 2018.
As previously announced, on March 14, 2019, Cree executed a definitive agreement to sell its Lighting Products business to IDEAL Industries, Inc. For this reason, the results of the Lighting Products business have been classified as discontinued operations in the consolidated statements of (loss) income for all periods presented.
Also, in the consolidated balance sheets, the related assets and liabilities associated with the discontinued operations are classified as held for sale.
The sale of the Lighting Business is expected to close by the end of Cree's fiscal year 2019, subject to customary closing conditions and governmental approvals. The parties received early termination of the waiting period under the Hart-Scott-Rodino Act in April 2019.
Revenues from Cree's Wolfspeed business increased 72% to $141 million from Q3 of 2018. The Wolfspeed revenue for Q3 of fiscal 2019 represents 51.5% of the company's total revenue.
"Our Wolfspeed business continued to post strong performance in the third quarter, which helped drive non-GAAP earnings per share above the top end of our range," said Cree CEO Gregg Lowe. "We are also very pleased to have recorded gross margin improvements across the business while addressing some softness within our LED business. We are well positioned to meet the growing demand for next-generation silicon carbide solutions over the next five years that support a variety of mega-trends including the auto industry's transition to electric vehicles and the rapid deployment of faster 5G wireless networks."
For its fourth quarter of fiscal 2019 ending June 30, 2019, Cree is targeting revenue from continuing operations in a range of $263 million to $271 million. GAAP net loss from continuing operations is targeted at $19 million to $24 million, or $0.18 to $0.23 per diluted share.
PCIM Announcement of SiC Capacity Expansion Planned
Cree CEO Greg Lowe intends to announce plans for Wolfspeed to increase its SiC capacity at PCIM Europe.


text:
THE director of the Design Museum in London, Alice Rawsthorn, has given the image of Irish design another boost with the announcement that they will host a major retrospective of the work of Eileen Gray in 2005. The museum, located near Tower Bridge on the South Bank, is the first of its kind in the world, dedicated to design, architecture and fashion, and is also the UK's largest provider of design education resources.
At a recent talk at Farmleigh, Rawsthorn said that Enniscorthy-born Gray, who spent most of her life in Paris, had been "unfairly neglected for most of her career, but is now regarded as one of the most influential architects and designers of the 20th century."
Rawsthorn herself has become a somewhat controversial figure as director of the Design Museum, founded by Sir Terence Conran, and who, according to a recent newspaper report, is said to be increasingly uneasy about her penchant for interiors and fashion in a building with a broader design remit.
James Dyson, designer of the bag-less vacuum cleaner, was also a director of the museum, but walked out earlier this month over disagreements with Rawsthorn over what should, and should not, be showcased at the venue. Her staging of shoe designer Manolo Blahnik's show drew record crowds, while the website is the world's most visited design site.


text:
- CBA on
- CBA Media
- Small Business
Digital Innovation & Mobile Banking
- June 8, 2022 - 2:00PMUpcomingMay 11, 2022 - 2:00PMPastMay 11, 2022Over the past year, a growing share of America’s leading banks have unveiled innovative overdraft solutions, providing customers greater choice and flexibility to make informed personal financial decisions. In Washington, leading regulators, legislators, and academics from across the political spectrum have recognized the positive impact these changes have had in the lives of the people we are...May 5, 2022 - 2:00PMPastMay 4, 2022 - 1:00PMPastMay 3, 2022 - 2:00PMPastApril 26, 2022 - 12:00PMPastMarch 29, 2022Over the past couple of years, traditional banks have witnessed a wave of unprecedented competition. Neobanks have set the bar for intuitive mobile banking experiences. In an era where customers can easily compare bank products and services and read reviews from fellow consumers on every aspect of their experience, removing barriers to acquisition and needless friction from ongoing activities...March 22, 2022This Friday, the Consumer Financial Protection Bureau (CFPB) will receive input from stakeholders in response to its December Request For Information (RFI) on the business practices of leading fintech companies offering “buy now, pay later” (BNPL) credit. Here’s what’s happening, why it matters, what they’re saying and how the CFPB can help promote a safe and competitive BNPL marketplace. What’s...February 16, 2022Driven by consumer demand and a desire to provide the best banking experience available – whether at a branch or on an app – the banking industry is in the midst of a dramatic digital transformation. Last month, as part of a new blog series – Driving the Digital Revolution – CBA highlighted the latest efforts from CBA members Berkshire Bank, PNC Bank, US Bank, and JPMorgan Chase to enhance their...