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GERMANY, Bad Zwischenahn. Rügenwalder Mühle has adapted production and sales to its strong growth. Next, the company wants to give impetus to the veggie range as well as classic sausage.
The share of sales accounted for by veggie products at Rügenwalder Mühle
Carl Müller GmbH & Co. KG in the first half of 2020 was greater than that of classic sausage for the first time. However, veggies finally overtook meat products - both in terms of revenue and sales - in the year 2021, with the food manufacturer outperforming the market in both areas, says sales director Jens Wiele: "We have succeeded very well in supporting our classic mainstay of sausage and further expanding our second mainstay of vegetarian and vegan products."
The market for classic sausage again suffered sales and revenue losses in 2021. Vegan and vegetarian meat and sausage alternatives, on the other hand, again performed strongly, according to IRI market research. Their sales increased by 33.2%, and revenue by as much as 37.5%. In 2020, however, the growth rate was still twice as high.
"In classic sausage, we want to stay in the black in 2022," says Wiele. To achieve this, he says RM is examining the introduction of innovations, and the segment is to be accompanied by different communications than in the past. The focus, however, is on the veggie offering. Wiele: "As category captain, we want to make sure the pie for these products gets bigger, so the entire category and all market participants benefit." At the same time, he said, RM is working with key account management and the field team to further increase its own share.
The company has done the groundwork in 2021. "We have evolved from a brand supplier that is very well networked in the retail sector to a strategic partner," says Wiele. To this end, Rügenwalder took a critical look at its processes both internally and externally, "meticulously analyzed its collaboration with customers and asked ourselves whether we had already reached our maximum or whether there was still more that could be done." The findings from the process were implemented consistently. And, according to Wiele, together with the dealers, it was possible to identify added value and leverage potential.
Cooperation was probably also necessary in view of the strong growth. After all, there were already delivery problems in 2020. This should not happen again in 2021. Nevertheless, there were also shortfalls last year, admits Wiele, but "in the extremely challenging lockdown period, our delivery pattern was better than that of many of our market competitors. In alignment with retail partners, we were able to get the right items to the right place at the right time."
Investments in capacities and packaging
This, he said, was helped by investments in capacity and packaging, which are therefore expected to continue. "We want to steer growth in the best possible directions," Wiele said. He added that this concerns the Bad Zwischenahn headquarters and the new packaging site in Wilhelmshaven. At Rügenwalder, the company continues to look around for operating sites that can be integrated.
The conversion of recipes from vegetarian to vegan is expected to contribute to the growth of the company's own brand. The range currently includes 18 vegan and 11 vegetarian items. Overall, 2021's cold cuts range has grown strongly, and convenient ready-to-eat meals have increased disproportionately. The bestsellers in the range are the Mühlenwürstchen in a cup, the vegan Cordon Bleu and the pre-cooked Mühlenhack.
With the Mühlen Snack, RM has gone out of refrigeration for the first time. Wiele: "We learned a lot there, gained new customers and were very successful. Snacking is a promising field for us that we will expand." A bratwurst will be introduced for the barbecue season, and a product produced with soy from the company's own harvest will be launched in April.
Wiele expects "an extremely exciting year" for Veggie. The market is outgrowing puberty, he said. Private labels will reach a similar share as in other product groups, he believes, and also sees room for new, good concepts from start-ups. However, he believes that the market is already in a phase of consolidation with existing market players. After that, he says, there will be the next growth step.
Rising prices remain an important issue
In this phase, he said, the mill as a market leader "with reliability, trust and service is of particular value to retailers." An important issue for Wiele is rising prices. At the same time, he said, consumers are facing falling real wages. "Here, we have to work together with retailers to see how we can get through this." But he doesn't expect consumers to turn away from the veggie range for cost reasons, he says: "It's too firmly anchored in society's value system for that."
Source: lebensmittelzeitung.net, fleischwirtschaft.de / dfv Mediengruppe


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Government workers and contractors must have dropped their guard in anticipation of the the upcoming holiday season when a spoofed eCard made its way around. On December 23rd an eCard was sent to a few...
The Vimtag P1: A great home monitoring cam with a few kinks
...of Microsoft money, ARM's acquisition, and Windows 10 updates
JESBOD QY13 sports Bluetooth earphones
Expanding mobile photography with Aukey's wide-angle lenses
Time is running out to claim your free Windows 10 upgrade
windows 10 upgrade
Insider build 14393.5 for PC and Mobile released to Fast ring
Samsung Galaxy S7 edge Lens Cover
Brian Maupin, a Best Buy employee since 2007, was suspended recently for creating two iPhone vs HTC Evo videos and posting them on YouTube. Brian was asked to quit. He refused, and has been put...
Ever since Vista was released, there has been discussion of when Microsoft would deliver SP1, and whether or not that delivery would be a significant milestone in the OS's development. Microsoft has downplayed the importance...
Bink has reported the following 'less-critical' exploit over at Secunia and Microsoft promptly responded the same day. A weakness has been discovered in Internet Explorer, which can be exploited by malicious people to conduct phishing...
During the hectic holiday season, many shoppers rely on the convenience and speed of shopping online. If you're among them, be sure to use the same level of caution on the Web that you would...

domain: news


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The fifth annual JCK Jewelers’ Choice Awards is currently accepting submissions until the contest deadline, Sept. 19.
Last year’s design competition had more than 16,000 votes in 44 product categories from retail jewelers across the country.
Winners and finalists will receive exposure in JCK’s “Best of the Best” Jewelers’ Choice Awards supplement in April 2012. This “Best of the Best” will also be sent to 5,000 retail storefronts in May with the 2012 JCK Las Vegas Show pre-planning Package. Other benefits to contest winners and finalists include a JCK Jewelers’ Choice Award logo and collateral materials to promote their winning or finalist piece. Winners and finalists will also be allowed to include the JCK Jewelers’ Choice Award logo in their JCK Marketplace showroom.
New to this year’s competition is a special Jewelers’ Choice Awards page. This new section will give contestants year-round exposure. A JCK’s Jewelers’ Choice Awards print voting guide will also be mailed to the retailers in the November 2011 issue of JCK, and contestants will receive a “Vote for Us” marketing package, which includes a template email blast and images for your website to get retailers involved and to vote for your designs.
Winners will have their pieces photographed and showcased in the March 2012 issue of JCK; the grand prize winner will be featured on that month’s cover. The grand prize winner for the 2011 contest was an 18k yellow gold bracelet from BELLARRI’s Marquesa Collection, set with 947.71 cts. t.w. of colored stones and 2.85 cts. t.w. diamond accents.
Additional exposure for the winners will come at next year’s JCK Las Vegas show, including coverage in the JCK News Daily newspapers. Winning pieces will also be featured in a slideshow on JCKonline.com throughout the year.
Contestants interested in entering pieces for the design competition can begin the submission process here.
Category finalists will be notified and announced in January 2012.


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Designers often surprise their clients by sharing a secret: You can dramatically change the look of a room simply by changing or rearranging the items on your bookshelves and tabletops.
Home & Living
Smart redesign that stays within the footprint of your house can be less expensive than a large, big box addition and can have a big impact on your lifestyle.
These cities shook off the recession and are actually better off than they were in 2007. What can we learn from them?
President Obama on Friday will nominate San Antonio Mayor Julian Castro to be his new secretary of housing and urban development.
Housing has emerged as the brightest spot in the economy this year, but some analysts are questioning whether the market’s recovery is built to last.
Homeowners in Maryland and Washington, D.C., have a long way to go before they recover lost ground and housing values from the Great Recession. Foreclosure rates were kept artificially low by local governments, but their policies could come back to haunt them.
Arthur Tsiamis is building nine condominiums at North View in Glover Park, just north of Georgetown at 4004 Edmunds St. NW. Residents can walk to multiple restaurants, bars, shops and grocery stores in Glover Park as well as to Georgetown for dining, shopping and entertainment.
The Dupont Circle neighborhood inspires plenty of longing among many D.C.-area residents who visit the restaurants, shops and nightlife in this lively community and wish they lived in the midst of its excitement.


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Apr 26, 2017 08:34 AM EDT
New Gen Consoles: What to Expect from Xbox Scorpio, PS5, SNES Classic; NES Classic Last Stock [VIDEO]
There will be some new gen consoles reportedly debut this year. Microsoft, Sony and Nintendo are among the big makers expected to release their revolutionary entertainment system in 2017.
Xbox Scorpio Update
The Project Scorpio has been teased since last year and now Microsoft is preparing for its launch at E3 2017. Albeit the small-size booth, Microsoft could be stealing the limelight from Sony which reportedly does not have anything new to introduce at the biggest game show this year.
Xbox Scorpio is said to be able to play 4K native video and the leaked spiecs seemingly suggest a better player than the PS4 Pro. However, since there is no official word from Microsoft, everything remains to be seen.
PlayStation 5 Update
It may be too early to make a prediction but tech experts have already come up with a few analysis. First, Macquarie researcher Damian Thong said that PS5 will be launched in 2018. The second verdict came from analyst Michael Pachter who said that Sony's entertainment system will adopt 4K video. Another interesting feature of PS5 is the photorealistic VR technology to boost its visual experience, PlayStation Universe reported.
Find out more about Sony PS5 here.
SNES Classic Update
Nintendo apparently did not plan to make its all-time favorite console NES Classic Edition, a permanent product. It is discontinued but fans can still grab the very last batch on Amazon and Best Buy. Meanwhile, Nintendo is reportedly working on another retro console, the SNES Classic Edition for holiday season, GMAnetwork reported.
An informant who spoke to Eurogamer claimed that the SNES Classic will be another mini edition of the entertainment system that was once a popular console. It is highly likely to reach NES Classic's level of popularity. SNES Classic could come with 30 pre-installed games along with controllers that are sold separately.


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Global apparel trade remains under pressure, having contracted by 1 per cent to US $ 432 billion in FY 2016, following a 5 per cent de-growth in 2015, owing to subdued demand trends reported by the key importing countries. This has been stated in a report by ICRA, an Indian independent and professional investment information and credit rating agency.
While the volumetric growth remained marginally positive, primarily aided by recovery in demand from Europe, the realisations experienced a decline. The implied decline in realisations is partially explained by the increasing share of lower-priced man-made-fibre-based apparels. Further, the decline can also be an outcome of a change in product mix towards lower value-added products.
However, a reversal trend was observed in 2016 with a recovery in imports by Europe compensating for a subdued demand from the US. Moreover, the latest trends are not encouraging, and point towards a modest recovery only.
Despite the decline in global apparel trade for two consecutive years, Asian apparel exporters like Bangladesh, Cambodia, and Vietnam continue to grow, though the pace of growth has moderated. Bangladesh remains the second largest apparel exporter after China. Its apparel exports are estimated to have increased by 3 per cent in FY 2016, translating into a 7 per cent share in global exports.
Bangladesh’s growth continues to be supported by the availability of low-cost labour and benefits under Free Trade Agreement (FTA) with EU in the form of lower import duties. Similarly, Vietnam continued to grow in 2016, with its apparel exports to the US increasing by 2 per cent in FY 2016 despite a 6% decline in total apparel imports of the country.
However, ICRA notes that Vietnam’s prospects have weakened subsequent to the change in government in USA and scrapping of the proposed Trans Pacific Partnership (TPP). This proposed free trade agreement with the US had played a key role in propelling investments in Vietnam’s textile industry and apparel exports to the US. This development, however, augurs well for India, as the risk of increased competition from Vietnam has abated for now.


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After 26 years, Doosan is the first international company in the Chinese market to set a new record. Annual and quarterly sales are up 21% and 55% respectively. Doosan aims to further increase its market share by tailoring products and services even more closely to the market.
In China, Doosan has now produced more than 200,000 excavators. This makes them the first international company in China to achieve this.
Doosan Infracore has announced that its Chinese subsidiary, DICC (Doosan Infracore China Corporation CO., Ltd.) based in Yantai, China, has produced its 200,000th excavator. The company achieved this record some 26 years after establishing itself in China for the first time since October 1994.
To celebrate this milestone, Doosan Infracore invited its employees, dealers and customers to the Yantai factory for a ceremony to celebrate the production of the 200.00th excavator in China. The event was broadcast live online and the 200,000th excavator was handed over to the customer.
Doosan Infracore completed construction of the Yantai plant in 1996. The rapid growth of the Chinese market in 2001 reached a production of 5,000 excavators, making Doosan Infracore the market leader in China. They beat the Japanese manufacturers that were the market leaders at the time. Doosan reached the next record of 10,000 excavators in mid-2000 and ten years later, in 2010 with a production of around 20,000 machines.
First manufacturer with 200,000 units
Doosan Infracore is the first active MNC (Multinational Corporation) company in China to reach the impressive production figure of 200,000 units. With this, Doosan further strengthened its market position in China for excavators and increased its market share from 12.9% in 2015 to 22.8% in the third quarter of 2020. The Chinese excavator market registered the largest annual figures ever with 200,000 units in 2019. At the start of last year's COVID-19 crisis, the market shrank slightly, thankfully this was short-lived. After two months, another recovery was seen, which has continued to this day.
The market has hit a new all-time high in 2020, growing to 275,000 units per year of what is generally produced in China for excavators. In 2019, Doosan Infracore sold more than 15,000 units in the Chinese market, while total sales reached 14,348 units as of the end of the third quarter of last year. This is an increase of 21% compared to the same period in 2019. In addition, Doosan Infracore China recorded sales of KRW 308.9 billion in the third quarter of 2020, an increase of 55% compared to the same period last year. .
In line with the growth of the Chinese excavator market, Doosan Infracore continues to introduce new products and work tools adapted to the requirements of Chinese customers. For example, in July 2020, the company launched a new 6-ton wheeled excavator (Doosan DX57-7), as well as an improved service campaign to take customer satisfaction to an even higher level. In addition, Doosan Infracore China provides service training to more than 7300 technicians, so that the technicians of all dealers can continue to work at the same service level.
Following the growth of the corporate market in China, Doosan Infracore has increased its contribution to corporate social responsibility by supporting local communities. Since 2001 they participate in 'Project Hope'. That is one of the charities that offers support to young people who cannot go to school, but it gives them an opportunity to receive education and thus improve the underdeveloped areas in China. At present, there are 37 Doosan Hope primary schools in China. Doosan Infracore also offered various forms of education for other schools in the second half of 2020. In recognition of Doosan's contribution to Project Hopes, Doosan Infracore has won both the China Youth Development Foundation's Out Standing Contrubition award and the Exemplary Korean CSR Companies China Award for three consecutive years.
One of the directors of Doosan Infracore says, ''Doosan Infracore China has grown into a major player in 26 years. By setting the record of 200,000 units, we contribute to a great performance and what we have achieved as a team. To maintain the satisfaction of our customers, we continue to work on improvements and new products.”
Contact us. We are happy to tell you more about it!


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Orange will exclusively launch three new affordable phones with Facebook
integration across Africa and Europe from Q4 2011.
With access to the widest range of phones with Facebook built-in under
EUR 100, including the new ALCATEL ONE TOUCH 908F Android smartphone, Orange
customers can select the phone best suited to their needs.
This is part of Orange’s strategy to help customers get more from their digital
lives and provide access to mobile services such as Facebook to the widest
possible range of customers.
“The rise of the smartphone and the explosion of social networks have
completely changed how people keep in touch and share content. Until now many
consumers across Africa and Europe have not had access to a phone that offers
deep Facebook integration at an affordable price,” said Yves Maitre,
senior vice president of Mobile Multimedia and Devices, Orange.
Facebook‘s social capabilities run through every feature of these phones, from the camera
to contacts with the dedicated ‘F’ key allowing instant uploading and
interaction. Orange customers can also purchase these handsets with affordable
bundles and tariffs that include unlimited Facebook access without extra data
“Orange and Facebook have a common goal of providing mobile social access
to people throughout Europe and Africa,” said Henri Moissinac, Head of
Mobile Business at Facebook.
Orange has set out a strategy to increase its original design manufacturer
portfolio from 15 to 20 percent to offer customers more choice across pre-pay
and post-pay segments. By growing the portfolio with partnerships such as this,
Orange is able to provide customers with high quality, affordable handsets
packed with intuitive, useful and unique services and features.
Phones from this initial range will be available in more than 15 countries,
with Romania and Poland launching by the end of 2011, and more countries
launching the handsets throughout 2012.
By Telecomlead.com Team


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EVENT: The Payment Systems Regulator: Ensuring access to cash, preventing payment scams and promoting competition
- Chris Hemsley, Co-Managing Director of the PSR
- Louise Buckley, Co-Managing Director of the PSR
- Natalie Ceeney, Chair, Access to Cash Review
- Chaired by Lord Sharkey
- 3.30pm-5pm, Monday 17th June 2019, Committee Room 14, House of Commons
- To register please email firstname.lastname@example.org
Chris Hemsley and Louise Buckley (Co-Managing Directors of the PSR) will discuss the priorities of the Payment Systems Regulator for the coming year including its work on access to cash, preventing payment scams and promoting competition in payment schemes.
The PSR’s priorities for the forthcoming year are:
- The UK’s ATM networks and access to cash
- Preventing payment scams
- Competition in payment schemes and the services businesses need to accept card payments
The UK’s ATM networks and access to cash: The PSR’s main focus for the coming year is access to cash services. In the last two years, cards have overtaken cash as the most used method of payment in the UK. For many people, their expectations of payment options are changing. And as card payments increasingly become the norm in many situations, the economics of cash are beginning to change. Even though the use of cash is declining, many people still rely on cash as their primary way to pay, and there are still many cases where cash payments have advantages over alternatives.
Payment scams: In February 2019 six of the major banks and one challenger bank agreed to implement a new industry Code that will go live on 28 May 2019. This voluntary code has been designed by industry and consumer representatives and will help to prevent authorised push payment scams (APP Scams) and protect the victims. The banks also agreed to provide initial funding to reimburse victims when blame can’t be attributed to either the consumer or the banks, and are working to implement a long-term funding mechanism. The Lending Standards Board (LSB) will be responsible for maintaining the code. The PSR will monitor the success of the Code and work with the LSB to make sure it is effective. The PSR working to introduction of Confirmation of Payee scheme to help people confirm that their payments are going to the right person.
Competition in payment schemes: The PSR is reviewing the market for card acquiring schemes – the services businesses need to accept card payments. It will also monitor whether the merger of 3 payment schemes into Pay.UK is improving efficiency, increasing competition and delivering benefits for banks, businesses and consumers.
Chris Hemsley is Co-Managing Director of the PSR. He has extensive experience working for UK regulators. He joined the PSR from his role as Deputy Director of Railway Markets and Economics and Chief Economist at the Office of Rail and Road. Previously, Chris led the implementation of the UK government’s support scheme for large-scale renewable electricity generation and before that, led the Civil Aviation Authority’s work on competition and consumer protection.


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(Crain's) -- The owners of Lou Mitchell's are launching a franchise program to help replicate the legendary breakfast joint throughout Chicago and, they hope, nationwide.
Lou Mitchell's looking for franchisees
Lou Mitchell's Franchise LLC plans to sell a limited number of licenses, starting with Chicago. The goal is to have eight to 12 franchises open in the next three years, said Nick Thanas, president of Lou Mitchell's Franchise.
The company has met with individuals interested in obtaining a license but has yet to sign any deals, he said.
The restaurant had its start in 1923 as Mitchell's before becoming Lou Mitchell's in 1946. It has never expanded beyond its current home at 565 W. Jackson Blvd. (The restaurant is not affiliated with Mitchell's Original on North Clybourn Avenue.)
Mr. Thanas said his family, which purchased Lou Mitchell's about 20 years ago, opted to expand via franchise instead of owning multiple locations.
"We think this is the best way to do this," he said. "We hear it is very difficult to grow beyond two or three locations. When you get to four or five, it can become difficult to manage."
Franchise locations will be exact replicas of the original restaurant, Mr. Thanas said, from menu items right down to counter heights. He would like to start franchises in Chicago first and then slowly broaden out to Milwaukee and Madison, Wis., before going nationwide.


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US-based stage agnostic venture capital March Capital Partners is about to set up their branch in India as well as start some new set of investments.
This technology investor has backed up mobile wallet company, PayPal along with General Atlantic-backed payments firm, BillDesk and vehicle platform, Car Trade and is now about to put his feet in the startup ecosystem.
What did March Capital Partners have to say to this?
Sumant Mandal, MD of March Capital Partners stated “We have liked companies that can create efficiencies in very large markets without the need for owning their inventory or warehouses… We’re looking at some very interesting opportunities, and are open to both, enterprise and consumer-facing businesses,”
Why are they investing in India?
Though the investment firm focuses on digital payment and marketplace segment, has shown interest in investing in data science, machine learning and artificial intelligence. They said “There are very exciting opportunities coming out of India. India has very strong talent within these spaces. That’s going to be very important areas for us to look at,”
The Ongoing Investments
March Capital announced that they have lessened their stake in BillDesk after the Clearstone Venture Partners led a funding round last year which valued it an amount of $600 million. They also partnered up with a $145-million funding round in Car Trade with Temasek, an investment firm supported by Singapore government. But they backed off in their last funding round.


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U.S. retail sales rose 0.4% in August on faster movement in autos and parts, but otherwise consumers unexpectedly tightened their wallets in the wake of Amazon.com's (AMZN) - Get Report Prime Day sale the prior month, and as stock markets declined due to President Donald Trump's intensifying trade war with China.
Retail sales excluding autos were unchanged during the month, slowing from July's Amazon-hypercharged 1% pace, the U.S. Census Bureau said in a statement. Economists surveyed by FactSet had projected an increase of 0.2%, on average.
Bank of America economists wrote in a report earlier this week that the spending drop-off in August was partly due to Amazon's Prime Day in July, which "effectively pulled forward demand," leaving customers with less spending power the following month.
Per Census data through July, retail sales had risen every month this year except for February.
Declining consumer optimism also may have played a role in the spending cutback, according to the Bank of America economists.
A slew of recent surveys have shown that Trump's intensifying trade war with China has sapped confidence among consumers, business executives and investors alike, largely due to fears that an escalation of the dispute could cause damage to a global economy that's already slowing.
Economists monitor retail sales closely, since consumer expenditures account for about 70% of U.S. gross domestic product.


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Apple iPhone 3GS: Prototype found on eBay
A Prototype iPhone 3GS has ended up on eBay for sale in the shadiest of manners, just as the original iPhone prototype (ancient OS included) was.
The original prototype iPhone was found on eBay a few months ago. According to Engadget, eBay now have the world’s first iPhone 3GS on there as well. An eBay seller the “guy” stumbled across the 3GS at an airport, decided not to hand it in to lost and stolen but to make the most of this sudden opportunity.
It has been confirmed to being an Apple iPhone 3GS by an Apple Genius (only according to the new owner), although this expert is unable to help him get past the “connect to iTunes” screen. I think you would agree this is an incredibly rare brick.


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such as a thinner screen bezel.
Don’t expect significant improvements in Apple Watch hardware this year. Instead, they think that future Apple Watch Series 7 models would have screen improvements and other minor updates.
- The screen of the Apple Watch Series 7 will update a little.
- Still under development: Improved UWB network.
- Oh, don’t forget the faster Apple chip!
- A model with new features scheduled for 2022.
2021 Apple Watch Series 7 will be a minor update
Mark Garman and Debbie Wu, who wrote for Bloomberg, from their sources familiar with Apple’s plans, users should expect minor improvements to the Apple Watch in 2021 and new features—learned that expected to appear in future watches after 2022.
“Apple’s previous goal was to include a temperature sensor in this year’s model, but it’s more likely to be included in the 2022 update,” the article said.
According to Bloomberg News, Apple Watch Series 7 should make three minor hardware changes.
You don’t need a source to know that every Apple gadget with an annual release schedule, like clockwork, gets a new, faster chip every year.
The tentative name Apple Watch Series 7 needs to narrow the boundaries of the display. This allows you to enlarge the screen without expanding the device chassis. Most importantly, Apple’s suppliers seem to have created “a new lamination technology to bring the display closer to the front cover,” just like the iPhone.
Improved wireless connection
This requires updated wireless capabilities and better UWB capabilities. For example, UWB chips have used the iPhone 11 and iPhone 12 series, the current Apple Watch Series 6, and the company’s item tracker called AirTag.
Given that future watchOS, eight software updates will allow devices to unlock doors and hotel rooms; it makes sense to use the UWB hardware updated in Series 7.
One of the consequences of the above enhancements is that the upcoming Series 7 may be slightly thicker overall, but “users won’t notice.”
According to a previous leak, this year’s Apple Watch may adopt a redesigned look with flat sides and new green options.
When will Apple Watch Series 7 be released?
The original Apple Watch launched in April 2015, but subsequent models have moved to Apple’s standard release schedule. For example, Apple typically releases a new iPad in September or October and updates the Apple Watch simultaneously.
We do not expect Apple to deviate from this established schedule in 2021.
What’s new in the 2022 Apple Watch
According to Garman, the Apple Watch is scheduled for a further major update in 2022, including temperature and blood sugar monitoring features.
Most importantly, the next Apple Watch SE will release in 2022, and in March 2021, an Extreme version will release that focuses on the new sport that we first heard about.


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Smuggling case settled: Hyundai forks out P700M after getting caught cheating
The carmaker wanted no further trouble.
Hyundai Asia Resources, Inc. has reportedly settled over P700 million worth of taxes with the Bureau of Customs, representing unpaid import dues and value-added tax.
This comes after the House Committee on Ways and Means conducted a probe into the deal and checked whether the Korean manufacturer was involved in smuggling.
Abante reported that Customs and Hyundai has reached an understanding. Hyundai had apparently interpreted the government’s Motor Vehicle Development Program wrong and thought they only had to pay 1% of taxes, instead of 30%.
Suansing said that Customs made the car company pay the discrepancy, which was “more than P700 million.” The suspension order has also been lifted.


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“ONE LAGOS” LAUNCH EXCITES LAGOSIANS
In furtherance of His Excellency, Mr. Akinwunmi Ambode’s determination to drive the state’s economy, using Tourism, Hospitality, Entertainment and Sports for Excellence, the ‘One Lagos’ brand is sure doing a fantastic job. The ‘One Lagos’ brand showcases the true spirit of Lagos through different creative expressions while leveraging on the city’s abundant soft power in an attempt to reverse the negative conversation, and at the same time celebrate people, places and the unique heritage of Lagos.
The brand again leverages on the best of the populous black city, the second largest film industry on the globe, the richest city in Africa and the fashion, technological design and aviation hub of Africa. Promoting the diverse multi-cultural heritage of Africa’s largest mega-city and showcasing the vibrant energy of its people.
“The ‘One Lagos’ brand was conceived to drive economic growth across all communities in Lagos by ensuring that we take advantage of our population, its density, its wealth and its culture; by focusing attention on the community’s consumption to grow and deepen Lagos’ tourism assets”, explained Mr. Folorunsho Folarin-Coker, the Commissioner for Tourism, Arts and Culture.
Activities to herald the event commenced on Wednesday, July 27 and will climax with the official launch on Friday, July 29, 2016. The 3-day event will feature performances by:
- Top-rate musical artistes
- Comedy shows
- Cultural displays
- Dance competitions
- Models on the fashion runway and
- Kids’ entertainment segments.
“This celebration will continue on a monthly basis with a series of scheduled events up until the celebration of Lagos State @ 50 and Beyond”, he added.
3,035 total views, 2 views today


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Davis Ace Hardware in Davis, California, regularly offers special events for children—but a recent event got an unusual flurry of interest online.
The animated movie “Minions” debuted in July in the U.S., and Davis Ace invited kids to come to the store to decorate marshmallows to look like the movie’s yellow namesake characters.
The event posting went big on social media, getting 75 percent more interest than most of the store’s other posts from the past several months. Shoppers shared the activity on Facebook, Instagram and Pinterest.
On event day, Davis Ace provided marshmallows predipped in yellow chocolate and attached to sticks
like cake pops, then offered icing and candy for the children to use to add faces and clothing. Except for the marshmallows, the project used products from the store’s housewares department.
Store staff demonstrated the full minion-making process for adult shoppers, who stopped by to watch, and the kids got into the icing action.
The store’s free crafts for children, such as flowerpot painting for Mother’s Day and wooden toolbox making for Father’s Day, have also been popular.
However, the film release offered an opportunity to capitalize on the national attention surrounding a major movie.
Think about your existing events and promotions, and consider new ways to link future activities to what already interests your shoppers. Chances are, you already do that with holiday promotions, but perhaps you can build off of that idea.


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Kanye West reportedly looks to launch Yeezy, his new cosmetics, skincare and fragrances line
Kanye West's company recently filed for a 'Yeezy' trademark to cover a plethora of beauty and skincare products
It seems like American rapper Kanye West is trying to expand his brand into the world of cosmetics and fragrances, just like the women in his family.
According to TMZ, as per new legal documents, the 43-year-old rapper's company recently filed for a 'Yeezy' trademark to cover a plethora of beauty and skincare products.
These products include makeup, false eyelashes, facial masks, nail polish, moisturizers, bath gels, body oils, shaving cream, hair care products, and perfumes, along with some hygienic products like toothpaste and deodorant, and even scented pine cones and aromatherapy pillows.
If Kanye's successful, he will be following in the footsteps of his wife Kim Kardashian's KKW Beauty line and sister-in-law Kylie Jenner's popular Kylie Cosmetics, which includes Khloe's Koko Kollection.
However, back in 2017, Kanye has tried to go this route before and filed similar documents to lock up the rights to 'DONDA brand cosmetics' which is named after his mother, but it didn't get finalised.
The actress shared a picture of the pizza sent to her by Shilpa on her Instagram story.
Actor Akhil Iyer to take legal action against the Congress for using his face illegally for their campaign
The actor shared the pictures of the posters too, which have been used by the Congress party for their movement against corruption in Karnataka by the ruling party.
Although well-made and blessed with great performances, Netflix's miniseries DAHMER is blatantly exploitative of the trauma suffered by the murder victims' families.


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Samsung chief uses global e-mail to shake things upAs he has done in the past, Samsung Chairman Lee Kun-hee once again has aroused a sense of “crisis” at Korea’s top conglomerate, this time in an e-mail message to his employees yesterday celebrating the 20th anniversary of his “new management” declaration.
“Today, we are again faced with a new wave of great change,” he said in the e-mail, “Barriers no longer exist between individuals, organizations or companies. We live in an era that encourages active competition and collaboration. An era where a single idea can change the world. As we move forward, we must resist complacency and thoughts of being good enough, as these will prevent us from becoming better. Samsung’s New Management must start anew to reach loftier goals and ideals.”
It was the first time the 71-year-old chairman sent an e-mail to Samsung’s 357,000 employees around the world. The message was transmitted in Korean, English, Chinese and Japanese.
On June 7, 1993, Lee, in front of Samsung executives on a business trip to Frankfurt, famously ordered them to “change everything except wife and children” - the so-called “Frankfurt declaration” that is widely credited with creating the momentum that propelled Samsung to its current status.
In his message, Lee recalled that “20 years ago, we faced a grim reality full of risks and challenges.” In 1993, his seventh year at the helm of the group after succeeding his father, Lee spotted Samsung Electronics TVs with dust on them in a corner at a BestBuy store in Los Angeles. That awakened him to the reality that although Samsung was in a battle for the No. 1 spot with LG Electronics in the domestic market, its global position was deplorably bad.
So he summoned executives to Frankfurt, telling them: “Unless we change in this globalization era, you will remain a second or 2.5 player perpetually.”
In the e-mail, Lee also said Samsung fostered competitiveness by boldly abolishing the old thoughts, system and convention, and it converted quantity-centered thoughts and behavior into a quality-centered one.
Samsung’s sales revenue, which stood at 32.6 billion won ($29.2 million) in 1993, increased nearly eightfold to 41 trillion won last year, and the operating profit grew by 60 times over the same period to 30 trillion won.
The chairman, this time, has added “products, services, dignity and value” to quality. “We must create an environment of ingenuity, where autonomy and creativity abound, in an organization that is not afraid to fail and is ready to tackle new challenges. Let us be open-minded and bring together our creative abilities.”
By Seo Ji-eun [email@example.com]


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Adweek's annual #Brandweek summit will explore the ideas behind breakthrough successes, discuss solutions to pressing challenges and explore new opportunities in the Metaverse. Join leaders from Alo Yoga, Hyundai Motor America, Frito-Lay and more, Sept. 12–16 in Miami. Sign up early to save.
At the start of the year, Diet Coke debuted some millennial-friendly, colorful cans and new flavors ranging from twisted mango to feisty cherry. Now, those new flavors and cans are making a Super Bowl appearance on Feb. 4.


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Fifty years ago, Robert Noyce and Gordon Moore founded Intel with a purpose: To ponder what might be possible. To imagine, to question and to do wonderful in pursuit of a better future. In honor of our golden anniversary, we’re embracing Noyce’s inspiring challenge, “Don’t be encumbered by history, go off and do something wonderful.”
As of the 18th of July, the microchip founding Intel’s 50th anniversary is an opportunity to honor their heritage and look ahead to what’s next. Intel is building the future with the technologies that we as people invent, delivering experiences once thought to be impossible.
Proving that if you can imagine it, dream it, it can be done.
While Intel’s anniversary is officially July 18th, 2018, Intel plans to bring people together all year long to celebrate a bright future for Intel today, and a better world for all tomorrow.
The infographic below showcases Intel’s technical milestones through half of a century.


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August's Siri-controllable Smart Lock 2.0 is a slam-dunk -- even if you don't care about Apple.
As regulators crack down on broadband data caps, the nation's largest cable company, raises the roof on its limit to 1 terabyte.
We chat about Comcast's set-top box changes, the EU against Google and new words.
The cable service is trying to get ahead of the FCC's proposed tougher set-top box rules with a plan to get its Xfinity TV services on Samsung smart TVs and Roku boxes.
The cable company is launching its new service in Atlanta, which now has three providers offering Internet speeds of 1 gigabit per second.
Twitter may need to rethink its position, and HBO Now has a slower than expected start.
The nation's largest broadband provider heeds Google's call to make ultrahigh-speed broadband available to the masses. Now it just needs to work out a few details.
Everybody hates cable bills. This year saw the debut of long-awaited virtual TV services that allow you to cut the cord without sacrificing live content, but the costs do add up.
The year's most notable embarrassments in technology run the gamut from the industry's inability to secure our personal data to the blunders of Airbnb, Twitter and Tinder.
The cable provider's new service puts digital stars side by side with regular TV.
An expansion of the Internet Essentials program will offer cheap broadband to students who qualify for federal education grants. It's being tested in Colorado and Illinois.
The streaming TV service has long stuck subscribers with the same commercial breaks as traditional television. Now for $12 a month -- that's $4 more than a regular subscription -- the ads finally vamoose.
How much do you hate wrinkled clothes?
A Swedish company known for its high-end ironing systems will soon begin to sell a smart iron that costs more than $1,000.


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David moller vice president, emerging technology & innovation, eli lilly & company derek norman head of corporate venture capital, syngenta.
Novel and fully integrated approaches to partnering with eli lilly information about eli lilly and company in support of business corporate venture capital. On the heels of its $16 billion armo acquisition, eli lilly is handing over in which we seek to partner with leading life science venture capital firms in senior vice president of corporate business development at eli lilly. As the executive director of corporate strategic planning at eli lilly and company (lilly), it was his job to support the company's senior team in the kinds of in.
With lilly staff and various venture capitalists from the bay area johnston erwin, global brand development leader of eli lilly, kicks off lilly partnering day lilly ventures gave a morning plenary describing lilly's partnering strategy hanwei li, corporate forum liaison of stanford biox, meets with. Eli lilly & company lly announced a deal to buy an early-phase oncology asset , ak-01, from aurka pharma, inc, a venture capital firm. Montreal, may 28, 2012- teralys capital and eli lilly and company investors including bdc venture capital, fondaction and advantus darren carroll, vice president of corporate business development for eli lilly and. Provider venture capital funds: investing in innovation corporations as diverse as eli lilly, coca-cola, general mills, and walgreens now complement their. Steve also interned at siemens venture capital in boston, analyzing markets of the firm's bioscience ventures group, and completed his fellowship at eli lilly.
During the 1990s, corporations went on a binge of mergers and acquisitions cisco eli lilly and company is another example in january 2004, lilly launched its third venture capital fund, the $50 million dollar lilly medtech venture fund. Eli lilly and company is a global pharmaceutical company headquartered in indianapolis, his new business venture became eli lilly and company lilly began his manufacturing venture with $1,400 ($31,163 in 2015 chained dollars) in working capital and the foundation is funded through lilly's corporate profits. Venture capital firms, abvi characterizes an investment's success by its prior to his current role, yi worked at eli lilly and company with a. Many chemical giants nurture their own corporate venture capital, or cvc by cvc, with eli lilly launching lilly ventures in 2001, for example.
Montreal qc, january 13th, 2014 –tvm life science ventures vii today compound originally discovered by eli lilly and company with the “tvm capital life science is proud to have helped play an important role in creating darren carroll, lilly's vice president of corporate business development. Today, corporate venture capital (cvc) is increasingly regarded by for example, in may 2009, lilly ventures, the cvc arm of eli lilly, announced that it was. That's the essence of a deal announced monday by eli lilly and co, which carroll, senior vice president of corporate business development at lilly investment advisers and fund managers for venture capital funds, with.
Corporate venture capital (cvc) is an alternative financing mechanism to the pharmaceutical industry: glaxosmithkline, eli lilly, merck, novartis and pfizer.
View notes - eli lilly10 from geb 5114 at university of florida corporate venturing at eli lilly geb5114 - entrepreneurship and venture capital december 11,. Lilly ventures, the venture capital arm of eli lilly & co, has spun out may 1, lilly ventures secured $200 million from its corporate parent to. Reviews the role of corporate venture capital and its history at eli lilly also presents a challenging venture investment opportunity product. What is the role of corporate venture capital corporations with corporate venture capital (cvc) programs invest monies in start-up companies.


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The tech giant touts what it calls “a planet-scale content delivery network”
This week Google announced the general availability of Google Media CDN. The new platform will help media and entertainment customers to deliver streaming experiences across the globe. It is built for customers with huge amounts of streaming content that need high bandwidth and low-latency user experiences.
Shailesh Shukla, vice president of networking at Google Cloud, commented on the release in a blog post. “We’re excited to announce the general availability of Media CDN — a modern, extensible platform for delivering immersive experiences with unparalleled scale and intelligence,” she said.
“Media CDN will enable media and entertainment customers to efficiently and intelligently deliver streaming experiences to viewers anywhere in the world. The same infrastructure that Google has built over the last decade to serve YouTube content to over 2 billion users is now being leveraged to deliver media at scale to Google Cloud customers with Media CDN.”
The Google network delivers speed with security
Media CDN’s foundational advantage is the Google network, Shukla asserts. “We have invested decades of resources to build tremendous capacity and reach in over 200 countries and more than 1,300 cities around the globe,” she says.
“Modern video applications are sensitive to fluctuations in latency, so getting content closer to users enables higher bitrates and reduces rebuffers, resulting in a superior experience for the end user. Media CDN builds on the success of the existing Cloud CDN portfolio for web and API acceleration and complements it by enabling delivery of immersive media experiences.”
Media CDN lets streaming media providers take advantage of Google’s decades-long experience delivering video safely, securely, and reliably, Shukla adds. The platform includes deep integration with Google Cloud Armor for planet-scale DDoS protection and a rich set of capabilities to detect and mitigate attacks, prevent abuse, manage risk, and comply with regulatory or licensing requirements.
“If you want to deliver rich, immersive experiences to global audiences with an extensible, modern delivery platform, we’d love to hear from you,” she says.


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Shares of BlackBerry retreated following an early surge on Thursday and then bounced between gains and losses, continuing a bout of speculative trading that has rolled through financial markets this year.
The stock closed up 4.1% at $15.88 per share. Shares had jumped more than 30% in early trading, building on gains of roughly 32% and 15% in the previous two trading sessions, before pulling back and briefly turning negative.
Blackberry hit $20.17 per share at its highest level on Thursday and $13.56 at the low end.
The dramatic swings come as meme stocks have once again become a major feature of Wall Street following the rapid rise and fall of GameStop earlier this year. Shares of movie theater chain AMC were also up sharply in premarket trading before the company announced a plan to sell additional stock. The announced share sale took AMC shares lower and also dented the premarket pop in BlackBerry a touch.
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The trading volume of BlackBerry has grown exponentially. More than 346 million shares changed hands on Wednesday, compared with volume of less than 5 million on May 24.
BlackBerry was the third-most traded name on Fidelity's platform on Wednesday, with AMC holding the top spot.
Once a household name as a leading smartphone brand, BlackBerry has shifted to cybersecurity in recent years. The company generated just under $1 billion in sales over its past four quarters.
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Samsung today announced a new TV that will most likely not fit in your living room. Dubbed as “The Wall”, it’s the world’s first modular MicroLED TV with a bezel-less design, that will allow consumers to customise the TV size of their choice. It can go as large as a wall or simply choose from the traditional screen size. Pictured here is a 146-inch TV.
This is a self-emitting TV with micrometer (µm) scale LEDs boast LEDs smaller than what is found in today’s TVs and serves as their own source of light. Moreover, each chip incorporates RGB colour that removes the need for colour filters altogether and delivers up to 2000 nits of peak brightness and true-to-life colours.


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The municipality has sold one of its five commercial units at Cheakamus Crossing, paving the way for a small locally owned convenience store.
It is not clear how much the 452 square foot space in the Falls building, which has been sitting empty since the 2010 Olympic Games, sold for. It was listed for $124,000.
"We are pleased to see growing interest in the commercial spaces at Cheakamus Crossing, and that business owners have seized a piece of this prime retail space," said Mayor Nancy Wilhelm-Morden in a press release. "The 452 square foot unit, which has just sold, is one of five spaces offered on Legacy Way. The largest unit is still available and is a great opportunity for the right business concept."
That large unit is 2,400 square feet and zoned for a restaurant/pub.
The units are for lease or for sale. The municipality created a holding company - Cheakamus Leasing Corporation - to own and manage the properties. The empty units cost the municipality $40,000 in strata and utilities.


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Companies making wearable tech have seen sales rise as consumers switched spending from social activities like eating out to devices that made staying at home during the pandemic a little bit easier.
Analyst firm IDC reports Q4 2020 wearable sales reached 153.5 million, up 27.2% compared to pre-pandemic Q4 2019. For the full year, wearables sales grew 28.4% to 444.7 million units.
But did smartwatches or smart earphones – or "hearables", as IDC calls them – drive volumes of wearables? According to IDC, smart earphones made up 64% of shipments, followed by watches that accounted for 24.1%.
"2020 was the year that hearables became the must-have device," said Ramon Llamas, research director for IDC's wearables unit. "Hearables provided a new degree of privacy, particularly during home quarantine but also while out in public."
Including watches and earphones, Apple led the market with a 36% share of Q4 2020 shipments. Apple Watch shipments rose 45.6% thanks to Apple's new lineup of the Series 6 (from $399), Watch SE (from $279), Series 3 (from $199).
IDC notes that shipments growth of hearables slowed to 22%, down from 28% and 29% in the previous two quarters. It notes this could be because consumers have bought them in large numbers in recent quarters.
No other vendor has a double-digit share of the wearables market in Q4 2020. Xiaomi was a distant second to Apple with a 8.8% share and 13 million units, followed by Samsung with an 8.5% share. Samsung shipped 8.8 million earphones among its 13 million overall wearables shipments. Huawei, which has faced two years of US sanctions, had a 6.7% share with 10.2 million units, while India's boAt nabbed fifth place with a 3.5% share with 5.4 million units.
All of the top five vendors saw year-on-year growth in shipments, but the only vendor that didn't see its market share slip over the year was Apple.
For the full year 2020, IDC reports that Apple sold 151.4 million wearables and had a market share of 34.1%.


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Nokia plans to launch budget 5G smartphones by 2020
HMD Global, the company that licenses Nokia brand is looking to jump on the 5G hype train. The company has been rather silent on the whole 5G adoption debacle but has now decided to deliver new smartphones by 2020. Juho Sarvikas, ...
Sketches of the upcoming OnePlus 7T Pro show a massive camera bump on the back
OnePlus has managed to create a new culture of launching two flagship devices in a year and the company has been doing it for a while. Recently, Pete Lau, Co-founder of OnePlus confirmed that they plan to launch a flagship 5G smar...
Apple’s announces purchase of Intel’s smartphone modem business
Apple was rumoured to be moving towards a purchase of Intel’s smartphone modem chip business earlier this week. The purchase has now been confirmed in an announcement by both firms. “This agreement enables us to focus on d...
Intel plans to auction off its smartphone modem patents and exit the industry
Back in April 2019, Apple and Qualcomm settled their battle and later that day Intel announced that the company is quitting the 5G market. Two weeks after the announcement, Intel came forward and confirmed that their decision to q...
Huawei explains why they are essential to 5G deployment: 10,000 euros cheaper per 5G cell site
One of the keys to 5G’s speed increase is the use of higher-frequency shorter range wireless signals, which therefore also requires the installation of many more base stations – an expensive proposition for networks. I...
Intel says Qualcomm and Apple’s settlement forced it to quit the 5G market
In a bizarre turn of events, Intel has confirmed that the company quit the 5G market due to the settlement between Qualcomm and Apple. Unless you’re living under a rock, you should be aware of the ongoing battle between Qual...
Verizon Samsung Galaxy S10 5G now available for pre-order
Starting today Verizon consumer and business customers can preorder the Samsung Galaxy S10 5G — Samsung’s first 5G smartphone in the U.S. — available exclusively on Verizon for a limited time. In addition, Verizon revealed t...
Apple in trouble after choosing Intel over Qualcomm for 5G hardware
Apple recently dropped Qualcomm as their primary provider for 5G hardware after a long dispute with the company. The company then disclosed that they won’t be making 5G devices until at least 2020. However, a new report says...
ZTE’s new flagship doesn’t bend, but it does come with 5G
While many of the most visible phones to come out of MWC feature foldable displays in one form or another, the other major innovation shared by top phones is 5G connectivity support. The Axon 10 Pro 5G is ZTE’s own entry int...


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USA: McDonald’s, Starbucks offer mobile phone ordering service
Burger behemoth McDonald's is offering fastfood lovers a quicker way to order; by using their mobile phones. A new mobile ordering service has been launched at three of the company's Seattle restaurants. The so-called McQuick technology allows mobile phone users to dial in a food order, pay from a pre-deposited Bank account and then pick it up from a designated parking spot. The service costs an extra US$0.15 per order.
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- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
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- General Mills sales woes continue - analysis
- Post Holdings 'close to acquiring Weetabix'
- Kraft Heinz cuts jobs in US, Canada
- UK, EU food faces "more costly" trade, warns study
- Recipe-kit firm HelloFresh launches into UK retail
- UK sets 20% sugar cut guidelines for food industry


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Men are turning their backs on beer in favour of less calorific tipples including red wine and spirits as they look for an antidote to the bloating and weight-gain they suffer from lagers and real ales.
As a result the humble pint has begun to tumble in popularity, according to a study, with only 12% of men ordering beer or lager in the pub.
The survey, conducted by Voucher Codes Pro, asked almost 3,000 British men aged 30 or over to reveal their latest drink of choice and why.
Almost a quarter (24%) said they preferred a spirit with a mixer, while 19% chose a glass of red wine. 15% opted for bottled cider, 13% for cocktail or shots and just 12% a pint of beer.
When asked why they were opting for alternative tipples, 22% of men said it was because beer was far too calorific, with 16% claiming that ale made them feel too bloated.
One in eight (12%) simply preferred another drink from the wide choice of available options, while almost one in 10 (9%) just didn’t like the taste of beer.
The increase in the price of a pint was also a factor, with 6% saying they didn’t drink beet because of the price increase.
The men polled were finally asked to reveal the maximum price they’d spend on a pint of beer in their local pub.
Almost half said they’d ideally like to pay £2 for a pint of beer, whilst nearly a quarter said £3. Only 4% said they’d be willing to stump up £4 or more.
George Charles from Voucher Codes said: “It seems that the classic pint of beer is on a downer, with many more Brits opting for spirit-based drinks.
“I have to say I have noticed this when out and about, with many of my friends opting for vodka mixers and shots rather than a pint of beer.
“There are, however, a lot of artisan, local brewers popping up around the UK, which could definitely see a resurgence in the British pint.
“It would be a shame to see the death of the pint, but I think Britons will start to get behind their local brewers in a bid to revive it.”
Do you think the traditional pint will live on? Is ‘fancy a red wine?’ overtaking ‘fancy a pint?’ as one of the country’s most-loved invites? Let us know in the Comments section below.


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Of course, Tim Warren also discusses his own growing tech firm Ambit - and their conversation platform.
Listen to the Podcast here:
Special thanks to organisations who support innovation and tech leadership in New Zealand by partnering with NZ Tech Podcast:
Other related posts:
NZ Tech Podcast: 5G and mega zoom on Galaxy S20 Ultra, Cora NZ Autonomous Air Taxi trial, Tesla's new ridesharing, NZ Game revenue soars
NZ Tech Podcast: iPhone 11 Pro's superb night photography, Microsoft Surface Duo (Android Phone) and Surface Neo (Windows 10X tablet)
NZ Tech Podcast 455: Ex-Uber engineer charged for stealing IP, Australia vs Online Extremism, Huawei Mate 30 to lack Google Play Store


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Enslaved developer Ninja Theory has confirmed it will stick with console development after reports published today suggested it planned to switch fully to mobile.
Ninja Theory boss Tameem Antoniades was reported to have told an audience at the recent Slush business conference in Helsinki that the developer "is heading entirely for mobile".
"The AAA games console model is a little bit broken," reads a direct quote on Edge.
"To us, success is being able to survive. But every now and then you look around at a conference and realise that there's no-one left. That's because of the barriers to entry at the $60 model. The platform holders control the platform and the distribution, the publishers control the marketing and the funding."
However, Ninja Theory told Eurogamer this afternoon that Antoniades' comments reflected his belief in the digital future of gaming - not an intention to ditch console development.
"Today it has been reported that Ninja Theory will exclusively pursue mobile gaming development in the future, however it is important to state that these reports are inaccurate," the company said in a statement.
"Although we are excited by mobile opportunities, and the release of our first mobile title Fightback, we are not making the transition to a mobile only studio. We are currently developing for both console and mobile platforms and plan to do so for the foreseeable future.
"We believe that the future is digital for all gaming, be it console, mobile or any other platform, and this was the intended meaning of the comments that have been reported on."
So, what's Ninja Theory, which made PlayStation 3 exclusive Heavenly Sword for Sony and the Devil May Cry reboot for Capcom, working on?
The Cambridge-based studio is currently making its first mobile game, Fightback, with EA's mobile division Chillingo, and, according to its website, it's also working "on next generation console titles".


text: Fans of iPhone will probably have to wait at least another month before shiny new models are unveiled. Apple Inc. /zigman2/quotes/202934861/composite AAPL -3.17% is delaying its annual fall event until the latter half of October instead of early September, according to a tech blog. The company was forced to push back the event for the 5G-compatible iPhone 12 line because of production delays caused by the pandemic, the Japanese Apple blog Mac Otakara reported. Apple is expected to announce four new iPhones, with the 5G models available in November. Apple shares are up 26.5% this year. The broader S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.12% is up 0.2% in 2020.


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Text Buster quells teens' texting-and-driving tendencies | News
HUNTSVILLE, AL (WAFF)- A new study shows that a staggering number of teens are taking their eyes off the road and focusing on their phone; 75 percent of them admit to texting while driving.
The Text Buster is one way to put an end to teens and their texting tendencies.
It is a device that disables messaging and internet functions as soon as they turn on the car, and it costs about $180.
There are some apps that are quite a bit cheaper than that, but Charles Bratcher with Metro Spy Supply said they don't compare.
"Apps, it has nothing to do with a car. It's just an app. It doesn't know when the car starts. It doesn't know when you're moving, so that's what makes it a lot better," he said.
Bratcher said he has also had a lot of businesses install the Text Buster into company cars so employees won't text and drive.
Copyright 2013 WAFF. All rights reserved.


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After the sudden passing of British-born, Australian-raised designer Richard Nicoll in October 2016, the British Fashion Council have developed, in collaboration with Pantone, a colourful tribute to the late designer.
The colour, aptly named Nicoll Blue (the designer was well known for his penchant for blue hues), was chosen by a close group of Nicoll's friends and developed by the Pantone Color Institute timed to London Fashion Week, which begins February 17.
“Richard was a designer whose talent and character inspired all around him. He registered his affinity for the spectrum of blues hundreds of times in the collections he showed in London,” BFC Ambassador for Emerging Talent commented, Sarah Mower MBE said in a statement.
The main LFW show sites have been painted Nicoll Blue in tribute to the designer, and a minutes silence will be observed just before the Central Saint Martins MA show (Nicoll graduated from the school in 2002) on February 17.
Plans are reportedly underway for a retrospective exhibition honouring the designer’s work later this year.


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The coffee does not increase blood pressure
April 24, 2011
High blood pressure was always related to heart diseases, cerebrovascular accidents (CVA) and a lower life expectancy, and even some scientists claimed that coffee could increase the problem.
But according to a report in The American Journal of Clinical Nutrition” Those who drink a lot coffee a day have the same problems than the ones that consume less often. The data was collected over 170 000 people, one every five people suffer from hypertension, there was no difference between those who drink too much coffee a day and those who do not consume it”.
The scientist Liwei Chem from the University of Louisiana, said that “the relationship between coffee drinking and hypertension is unsubstantiated. The results suggest that regular consumption of more than three cups of coffee per day was not associated with an increased risk of hypertension”.
He further clarified that “more data is needed to draw a definitive conclusion on the issue, since the study is not saying there is no risk to drink lots of coffee. In addition, people who drink one to three cups per day had a slightly increased risk of high blood pressure than those who drink less, a result that the researchers could not explain”.
Lawrence Krakoff, a professor at Mount Sinai Hospital in New York said “I do not think that drinking coffee is a risk factor for developing hypertension,” but “if you drink 12 cups of coffee a day and you cannot sleep it does have a problem”.


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Gurmit will also help open Quora’s first office in India as he builds a team to support businesses in the India market
Quora has appointed Gurmit Singh as General Manager, India. He will oversee Quora's revenue growth in India.
He was previously the VP & Managing Director of Yahoo India. Singh will report to Arnie Gullov-Singh, Chief Revenue Officer of Quora.
Quora is the leading knowledge sharing platform in the world, and India is one of the strongest market of the brand with over 70 million monthly unique visitors in English.
It is also available in Hindi, Bengali, Marathi and Tamil, and will soon be available in Gujarati, Kannada, Malayalam and Telugu.
“I'm delighted to welcome Gurmit to Quora. I’ve worked with him in the past and have always been impressed with his leadership abilities and strong track record of delivering growth. His experience and understanding of marketers’ needs will be a great asset to Quora as we continue to strengthen our presence in India.” - Arnie Gullov Singh, Chief Revenue Officer, Quora
Since the launch of Quora Ads a little over two years ago, it had several Indian brands succeed in reaching their audience on Quora across a variety of verticals, including State Bank of India, Flipkart, Dell, Samsung, IBM Developer and UpGrad.
Gurmit is a business administration graduate from the Faculty of Management Studies (FMS) at the University of Delhi.
In the next few months, Gurmit will also help open Quora’s first office in India as he builds a team to support businesses in the India market. Our audience in India is curious and engaged and we are very excited to further our investment in the market to support both users and businesses on the Quora platform.


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Bharti Airtel and the Indian venture of Vodafone Group were charged Friday by India's top investigation agency for the alleged irregular allocation of mobile spectrum in 2002.
Violence in video games and other aspects of pop culture in the U.S. will be among the areas examined as part of an investigation aimed at reducing gun violence in the country.
Europe's top regulatory authority is to charge Samsung over abuse of patents.
Websites, mobile apps and online advertising networks targeting children will be required to follow new privacy regulations, including getting a parent's permission before collecting geolocation information and photographs from kids, under new rules ...
The European Union's data retention law could breach fundamental E.U. law because its requirements result in an invasion of citizens' privacy, according to the Constitutional Court of Austria, which has asked the European Court of Justice (ECJ) to de...
A former executive at Taiwanese LCD marker AU Optronics has been convicted of participating in a worldwide conspiracy to fix the prices of LCD panels, the U.S. Department of Justice said.
The European Commission has given Google a January deadline to respond to the European competition agency's concerns over alleged antitrust behavior by the company.
Smartphone app SpongeBob Diner Dash violates U.S. law by collecting a "wide range" of personal information from children, including full names and email addresses, according to a complaint filed by the Center for Digital Democracy, an advocacy group.
Expect no major changes to the functioning of the Internet in the coming months after a controversial ending to the International Telecommunication Union's World Conference on International Telecommunications (WCIT), but an agreement hammered out the...
The U.S. has removed China's Taobao sites from its "Notorious Markets" list of major offenders that support piracy and counterfeiting, citing their successful efforts to remove infringing goods from the sites.
The final treaty of the World Conference on International Telecommunications in Dubai includes a new provision that the treaty does not address content-related aspects of telecommunications, but retains a controversial proposal on fostering the growt...
The U.S., U.K. and Canadian delegations to a worldwide telecom treaty-writing meeting will not ratify a resolution approved by the majority of countries because regulations will include provisions on Internet governance and content.
European lawmakers want to stop exports of technology that can censor information to repressive regimes.
Apple and four other e-book publishers have settled an antitrust battle with the European Union.
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The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
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My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
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Renault sold three lakh electric vehicles in Europe in 10 years
Renault has sold 300,000 electric cars in Europe since it launched its first electric models almost ten years ago. In the first half of 2020, the French manufacturer was the number one e-car provider on the European market with just under 42,000 units. Renault will continue its electric offensive over the next few years.
Renault has been using electromobility consistently since 2011 and today has a wide range of electric models with the ZOE, Kanji ZE, Twizy and Master ZE models. The constant further development of the offer has secured the brand a leading position in the German and European market for years. To date, Renault has sold over 300,000 electric vehicles across Europe, including over 45,000 in Germany.
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The absolute bestseller of the French is the Renault ZOE. In the first half of 2020 alone, ZOE sales in Europe increased by 50 percent to over 37,500 units, making the ZOE once again Europe's best-selling electric car in the first six months of 2020.
In Germany, too, the Renault ZOE continues to lead the field of electric cars. With 1,448 registrations, the Stromer was again the best-selling electric car on the German market in June. In the first half of 2020, ZOE sales in Germany grew by around 27 percent year-on-year to 7,066 registrations (January to June 2019: 5,551 registrations) - a new record for the first half of the year.
The ZOE purchase applications also reached a new record in June. In Germany, 1,990 purchase orders were placed with dealers more than ever in a month.
Renault continues its electric offensive in the second half of the year. This also includes the gradual hybridisation of the model range. The Captur Plug-in Hybrid, the Megane Plug-in Hybrid and the Clio Hybrid will celebrate the market launch in the next few weeks. In addition, the new fully electric Twingo ZE will be launched at the end of 2020.
By 2022, the Renault Group plans to expand its range to eight purely electric and twelve electrified models worldwide. The MORPHOZ concept car presented in March gives a glimpse of the next generation of Renault electric vehicles . The modular study increases in length by 40 centimeters at the push of a button. This turns the manoeuvrable city vehicle into a spacious touring limousine, which thanks to additional battery capacity and more luggage space can cover longer distances with ease.


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ZTE is beating larger rival Samsung Electronics to market with its own lease-to-own payment plan for U.S. smartphone customers, following in the footsteps of Apple (NASDAQ: AAPL), which last month introduced a direct-to-consumer device leasing program.
ZTE Axon Pro
ZTE said the program is designed for customers who want to pay for their phone or other mobile device over time and spread out their payments to make it more affordable. The lease-to-own payment option is provided through SmartPay Leasing Inc. and will be available online for all customers beginning soon at www.zteusa.com. However, ZTE did not provide an exact date for when it will start and a spokeswoman did not immediately respond to a request for comment.
With SmartPay, ZTE said customers can get an immediate approval to lease ZTE devices, from high-end smartphones to entry-level devices and smart projectors. If approved, customers select the ZTE device they want, make their first payment at checkout and make scheduled monthly payments thereafter. Importantly, ZTE noted that $0 to 25 percent of a customer's lease amount could be due when they complete checkout, and a debit card is required.
The length of a lease plan is determined when customers apply and can range from six months to 24 months. Once all payments are made, the lease is complete and customers own the device. Customers can also pay off their lease early without any penalties or future fees, ZTE said.
If customers are up-to-date on their monthly payments they can cancel their lease at any time and upgrade their device by simply returning their current device in good working order to SmartPay. Once the phone is received the lease is cancelled and customers are free to get the new device they want.
The ZTE program covers unlocked devices and said the program is aimed at customers who might not have a stellar credit history. The OEM also wants to let customers take leased devices to compatible carriers and claims it is not trying to encourage upgrades but instead bring flexibility and choice to the market.
"We are introducing leasing options because we believe advanced mobile technology should be available to everyone. We also want the experience of purchasing and using a ZTE device to be easy for any consumer," Lixin Cheng, CEO of ZTE USA, said in a statement. "How customers want to pay versus the amount they are comfortable paying are equally important – and ZTE can provide the best of both worlds."
Leasing programs from OEMs and not from carriers could engender more brand loyalty for the device maker instead of carriers. ZTE hopes to build on the momentum it has found as a supplier of devices for prepaid carriers and get customers to try out its higher-end phones like Axon Pro. According data from research firm Strategy Analytics, in the second quarter ZTE was the No. 4 U.S. smartphone player, behind Apple, Samsung and LG Electronics.
Samsung plans to launch its own direct-to-consumer device leasing program in the U.S. for its Galaxy smartphones, according to a September Forbes report. The report, citing an unnamed industry executive with knowledge of Samsung's plans, said that Samsung could launch its leasing program in the next several months, although it could happen sooner. The precise pricing for Samsung's leasing program could not be determined, the report added.
Meanwhile, under Apple's iPhone Upgrade Program, which starts at $32 per month and allows users to upgrade their iPhone every year, customers get an unlocked iPhone 6s or iPhone 6s Plus with the Tier 1 carrier of their choice, and Apple's AppleCare+ warranty service.
Apple's program supports service from the big four nationwide wireless carriers: Verizon Wireless (NYSE: VZ), AT&T Mobility (NYSE: T) T-Mobile US (NYSE:TMUS) and Sprint (NYSE: S). Users can purchase one new iPhone every year. Prices for the service start at $32 per month for the 16 GB iPhone 6s and increase to $45 per month for the 128 GB iPhone 6s Plus. The program is financed through Citizens One Personal Loans.
- see this release
- see this CNET article
- see this PhoneScoop article
Thanks to AT&T, T-Mobile and Sprint, ZTE knocks Huawei to become #4 U.S. smartphone vendor
Report: Samsung to start leasing Galaxy phones directly to consumers, following Apple's lead
AT&T not threatened by Apple's handset installment plan
Apple's iPhone Upgrade Program should worry carriers for 1 big reason: it makes them less relevant
Apple counters carriers' EIP with iPhone Upgrade Program: new phone every year starting at $32/month
ZTE's Lam: Company shines in U.S. prepaid device market with 21% share
Correction, Oct. 15, 2015: This article incorrectly stated that the ZTE program covers both unlocked and carrier-locked devices. In fact, it only covers unlocked devices.


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mNews #181 – Armored 5G CAT phone and lock screen ad
Podcast in audio form
The CAT S53 is an armor with 5G
What if a mobile phone looked more like an accessory to your drill? The new durable CAT S53 with its rubberized body looks robust at first glance. The phone promises resistance to rain, dust, survives a fall from 1.8 meters and does not mind being submerged up to 1.5 meters below the surface for 30 minutes. Nevertheless, it does not lack the usual modern equipment. So “modern”. You have to settle for a not very detailed HD+ display and a weaker Snapdragon 480 chipset. On the other hand, 6 GB of RAM and 128 GB of storage will probably be enough for you. There are two cameras on the back, the main 48-megapixel one from Sony, but the secondary 2-megapixel macro camera is not so exciting. Too bad, an ultra-wide-angle camera would be useful in this case. The 5,500 mAh battery could handle two days of use, and there’s even wireless charging. It’s all powered by the older Android 11, but at least 2 years of updates are promised. A practical flashlight will also come in handy, but mainly 5G support. The phone will go on sale on August 8 for CZK 12,499.
The armored CAT S53 supports 5G and beckons for a separate flashlight
Galaxy Foldables in August
Samsung revealed the date of the introduction of the new generation of its folding devices in the form of a riddle on Twitter. From it, you will find out that the news will be revealed on August 10. This matches earlier leaks. The new Z Flip clamshell is expected to be presented at the event, but fans should also expect the Z Fold tablet and, like last year, the new generation of headphones or the Galaxy Watch. In short, Samsung is preparing a lot, and I’m really curious whether the new generation will only slightly innovate, or whether we will see major innovations.
The new Samsung “Foldables” will be unveiled on August 10 – updated
Phone sales are falling
Agency Canalys published a report on the decline of the smartphone market. Between April and June, deliveries fell by 9%. According to the company’s analyst, this is primarily due to rising inflation, which plagues most countries. On the contrary, significantly higher demand in the previous year caused by the coronavirus crisis can have its influence on this. It is worth noting that the decline in interest affects the middle class segment the most. Among the manufacturers, Samsung holds the first position, Apple returned to the second place and Xiaomi fell back to the third position.
Rising inflation is holding back smartphone sales. They fell by 9% year-on-year
Ads on the lock screen
And after a slightly negative analytical window, let’s look at a possible future. Specifically, the possible future of lock screens. You will surely remember that Apple innovated a lot in this regard this year. And Android doesn’t want to be left behind. Well, at least not Glance, which presented a concept promising to expand with “interesting content and services.” Interesting facts, news, nice pictures and even games. And advertising is automatically offered as well. So far, the service is only aimed at operators in the US, and one possible scenario is to sell the phone at a discount, but it will display advertising. Or a tariff discount in exchange for an ad on the lock screen. One way or another, it will largely depend on the customers which solution they go for.
The ad targets Android lock screens. It’s good idea?
The question for today’s episode is of course clear. Would you get a discounted phone in exchange for seeing ads? Or can’t stand ads on your screen? Let us know in the comments and follow mobilenet.cz.


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LOHLA Sport announced on Thursday that following on from their successful partnership with Stefan Wilson for the 105th running of the Indianapolis 500 presented by Gainbridge that they have expanded their partnership with the Sheffield-native into the 2022 NTT IndyCar Series season.
Speaking about the news, Lisa O’Hurley, Founder and CEO of LOHLA Sport said:
“Experiencing the Indianapolis 500 in partnership with Cusick Motorsports and Stefan Wilson was the highlight of 2021,” commented Lisa O’Hurley, Founder and CEO of LOHLA SPORT. “As a brand anchored in sport, but not motor racing, our brand flourished with a new found customer base who is passionate and sports-minded. In our own industry, the golf industry, being part of the Indy 500 increased our ‘cool-factor’ exponentially leading to customer excitement, anticipation and interaction.”
Founder and CEO of Cusick Motorsport, Don Cusick commented on the announcement saying:
We couldn’t have asked for a better partner for our first foray in the Indianapolis 500. “We have a vested interest in LOHLA SPORT and are so excited to be able to build upon the partnership in 2022. Lisa O’Hurley has done a tremendous job in building the LOHLA SPORT brand to date, and we are proud to have Cusick Motorsports supporting her mission.Don Cusick
Stefan Wilson is absolutely delighted with the news tweeting:


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A spike in cases of the new coronavirus in Italy fuelled concerns of a possible pandemic. Professor Michele Geraci is an economist who was until recently the undersecretary of state at the Italian Ministry of Economic Development, and discusses the possible economic implications of parts of Italy being put into lockdown. Also in the programme, our regular workplace commentator Peter Morgan reflects on the success or otherwise of employers' attempts to boost the fitness of their workforce. Plus the BBC's Elizabeth Hotson looks at how brands aim to forge strong relationships with certain types of music.
(Picture: A man wears a face mask in central Milan. Picture credit: Getty Images.)
Coronavirus: Venice carnival closes
Italian officials have cut short the Venice Carnival as they try to control what is now the worst outbreak of the coronavirus in Europe. Authorities in the Veneto region said the carnival would end later on Sunday, two days earlier than scheduled. Italy has by far the highest number of coronavirus cases in Europe, with 152. Three people have died. Also, finance ministers and heads of central banks from the world's top 20 economies, have been discussing how to prevent the spread of the coronavirus undermining the global economy. But measures, if any, can they take? Fuel refineries around the world are bracing for disruption to the sources where they usually buy oil. The United States is imposing sanctions on the trading arm of the Russian energy giant Rosneft, because of its oil deals with Venezuela. What is the relationship between the two? Also in the programme, we look ahead towards Donald Trump's visit to India. Plus, we look into the reasons behind Kenya's ban on exports of avocados
Update: Warren Buffet's annual address
Billionaire businessman Warren Buffet's fans await eagerly his annual letter to shareholders - and it's not just those involved who look forward to gobbling up its contents. Rio carnival kicks off in Brazil - we hear about the figures and economy around the event. Plus, Chris Low from FHN Financial in the US gives us the stock markets reactions to the latest in the coronavirus (COVID-19) pandemic.
Trump to talk trade on first presidential India visit
Will President Trump's first trip to India since becoming President prevent a trade war between the world’s largest democracy and the world’s biggest economy? American wants India to open up its markets to many of its products, including dairy. The EU summit in Brussels is in danger of failing to agree a long-term budget. The "frugal four" - Sweden, Austria, Denmark and the Netherlands - insist spending is capped, while the "friends of cohesion" - a group of central and eastern European countries - demand it is maintained on what they see as crucial projects. We get the latest from Jim Brunsden of the Financial Times, in Brussels. And the BBC's personal finance reporter, Kevin Peachey, has been looking at memorial benches can help grieving families - but also often prove to be expensive, and temporary memorials.
Update: Coronavirus hits Fashion Week
Chinese buyers and designers were missing from this year's London Fashion Week, as coronavirus (COVID-19) halts travel plans. Mining giant AngloAmerican has a financially successful 2019 - we speak to its CEO Mark Cutifani about the challenges of being the world's largest producer of platinum. Plus, we hear the latest on the stock markets with Cary Leahy of Decision Economics in the US.


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Start the conversation
The Uber IPO was dealt another major blow today (Monday) when the ride-hailing startup announced it is selling its UberChina business to competitor Didi Chuxing. After investing billions in the Chinese market, Uber is now abandoning the market.
This shouldn't come as a surprise. CEO Travis Kalanick says Uber was losing $1 billion a year in China in February 2016. This agreement will allow Uber to still profit in China while not having to spend billions directly competing with Didi for customers.
Investors in UberChina and Uber will now have a 20% stake in Didi.
While this is a big blow for the company ahead of the Uber IPO, this isn't the only threat for Uber. In fact, there is an even bigger threat to Uber's profitability than Didi…
Before we get into the biggest threat facing the Uber IPO, we want to make sure our readers know more about the China merger.
The timing of the merger coincides with new ride-hailing regulations in China. On July 28, China became the largest country to legalize Uber and its competitors.
As long as companies like Uber applied for and received licenses for their company and drivers, they'd be allowed to operate in China.
Local governments within China, though, are allowed to set minimum and maximum fare prices, according to The Wall Street Journal. This is important because Uber and Didi have competed on having the lowest fare prices. They have also tried to outspend each with other with incentives for drivers and passengers.
Uber has spent more than $1 billion since 2013 to attract drivers and riders by offering subsidies.
Uber paid subsidies of roughly five yuan per ride between customers and drivers, which is the equivalent of $0.75 in U.S. dollars.
According to Duncan Clark, founder of consulting firm BDA China Ltd., the subsidies were unsustainable. "The subsidies cost Uber and they couldn't have gone public with that black hole," Clark told said.
As part of the deal, UberChina will act as an independent brand and operation. All data will be owned by Didi.
In the short term, this will save Uber and Didi money. But in the long term, Uber still has a major competitor that could stop the Uber IPO date from ever happening…
The Biggest Threat to the Uber IPO
Tesla Motors Inc. (Nasdaq: TSLA) CEO Elon Musk is known for being an innovator in electric vehicles. But now, he's coming after the ride-hailing market…
On July 20, Musk revealed his "Master Plan, Part Deux." And it could put Uber out of business.
Musk wants your Tesla vehicle to act as a taxi while it's not in use. He wants your car to drive itself to pick people up and earn you money when you aren't using it.
According to Musk, sharing your vehicle could offset your loan.
But in Musk's master plan, the biggest threat to Uber is Tesla's own ride-hailing fleet…
"In cities where demand exceeds the supply of customer-owned cars, Tesla will operate its own fleet, ensuring you can always hail a ride from us no matter where you are," Musk said in his plan.
And Musk has a massive advantage over Uber right now: his technology.
Tesla introduced an autopilot service in October 2015, which offers computer-assisted parallel parking, lane changing, steering, and a warning system for collisions. By 2017, Musk believes Tesla will achieve complete autonomy.
Meanwhile, Uber has to pay for technology on top of its existing operational costs. In February 2015, it opened up a robotic research facility to build self-driving cars.
Uber didn't reveal how much the facility cost, but it did raise $1.2 billion in December 2014 before the announcement.
And what most potential Uber investors don't realize is Uber has to catch up to Tesla…
If Tesla's ride-hailing service fails, it can keep selling cars. But if Tesla dominates the autonomous ride-hailing market, Uber will have nothing to fall back on. It has nothing to sell.
Uber may eventually need to be bought out by a company like Tesla to stay in business.
Aside from the concerns over long-term profitability, there are also concerns over Uber's current monetary situation…
In 2014, Uber had GAAP losses of $671.4 million, according to Forbes. With Uber losing money, not appearing ready to have an IPO to raise money, and competition from Tesla, the concerns ahead of the Uber IPO are mounting.
The Bottom Line: Ahead of the inevitable Uber IPO, Uber will save money in the short term with its new truce with Didi Chuxing. But over the long term, Uber's newest and greatest competition is Elon Musk and Tesla. That could keep investors away, causing Uber to lack the money it needs to expand research and catch up to Tesla's technology.
Don't Miss: Most people remember the Bill Clinton economy as a "boom" they'd like to see again. But that's a false and dangerous myth. Read more…


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The Mile High 2016 presented by Carlton Dry at Perisher Resort has officially commenced. The past two days have seen a host of local and international snowboarders sessioning the setup ahead of the contest. Qualifications kick off today, with the semis on Monday. Make sure you get to Perisher to watch all the action.
Film: Marcus Skin, Jakob Kennedy
Edit: Marcus Skin
Thumbnail: Jock Morrissey
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Helen Delich Bentley, who represented Maryland's 2nd District in the U.S. House of Representatives from 1985-1995 and served on the Federal Maritime Commission from 1969-1975, reported her health has improved.
The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
Registration takes less than 1 minute.
Recently purchased APL parent Neptune Orient Lines couldn’t cut costs fast enough to compete in an increasingly commoditized market, chief executive Ng Yat Chung said in a surprisingly candid interview with Singapore’s Straits Times.
Beneficial cargo owners fear that service levels will decline to the lowest common denominator when carriers pool their cargo on one vessel.
An American Shipper report released Tuesday found that nearly three-quarters of shippers and forwarders believe they will have containers held when the new verified gross mass mandate kicks in July 1.


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After acquiring Mayi and the homestay business of Ctrip and Qunar last year, Tujia has snapped up Fishtrip as its first acquisition overseas. It reflects Tujia’s increasing appetite for overseas B&B business.
Fishtrip, founded in 2013 in Taiwan, specializes in the alternative accommodation market overseas, and has achieved remarkable results in Southeast Asia. It has formed a complete and efficient overseas homestay supply chain through four years of operation. Its subsidiary B&B booking brand Fiiish is highly popular among young travelers and has served more than one million users.
With Fishtrip under its flag, Tujia is now connected to nine online property platforms, including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.
Currently, Tujia offers more than 650,000 online listings in 345 destinations in China and 1,037 destinations overseas, and Fishtrip is expected to add at least another 300,000 quality overseas properties to its platform, reinforcing its presence in Asia in particular. With over 1 million listings in its inventory, the platform will be way ahead of its counterparts in China.
Na Yao, founder and CEO of Fishtrip, said that the team will further develop destination resources and customer services by offering more quality accommodation for users and enhancing the booking experience of alternative accommodation overseas.


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My Car Check reveals 10 cars most likely to have been written-off
Analysis of My Car Check data for the first half of 2016 has revealed the UK used cars most likely to have been written-off. Nearly a quarter (23.67 per cent) of all searches returned a write-off warning, with the riskiest models being the Peugeot 208 Active and the Ford Fiesta Edge 60.
Head of My Car Check, Roger Powell, said: “Any previously written-off vehicle must be viewed with caution, especially when inspecting the quality of repairs. The implications of being involved in a further accident in a car which has not been properly repaired don’t bear thinking about.
Even leaving the safety aspect aside, previous write-offs should generally cost a lot less than a like-for-like non-accident damaged vehicle. In a survey a couple of years ago, 79 per cent of My Car Check customers said they wouldn’t buy one. The flipside is that some buyers are happy to look at category C or D write-offs and use the data to push for a price reduction.
”With information from the police, DVLA, insurers and finance houses, My Car Check holds comprehensive data on every vehicle on UK roads – things that buyers should be aware of before making an offer.
CDL Vehicle Information Services, which owns My Car Check, performs over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Go-Compare, Moneysupermarket, Swiftcover, Tesco and WhatCar?.