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What Next for 3D XPoint? Micron to Buy Intel's Share in 3D XPoint Fabby Anton Shilov on October 18, 2018 5:20 PM EST
Micron on Thursday announced plans to acquire Intel’s stake in IM Flash Technologies, a joint venture between the two companies. IM Flash owns a fab near Lehi, Utah, which is the only producer of 3DXPoint memory that Intel uses for its premium Optane-branded solid-state storage products. Once the transaction is completed, Intel will have to ink a supply agreement with Micron to get 3D XPoint memory after the current agreement finishes at the end of 2019. This will have important ramifications for Intel's 3D XPoint-based portfolio.
Under the terms of the joint venture agreement between Intel and Micron signed in 2005, the latter controls 51% of company and has a right to acquire the remaining share under certain conditions. Intel already sold Micron its stakes in IM Flash fabs in Singapore and Virginia back in 2012, which left IM Flash with only one production facility near Lehi, Utah (pictured below). The fab is used exclusively to produce 3D XPoint memory right now.
Early this year the two companies decided to fold their NAND flash R&D partnership, which made a jointly owned production facility somewhat useless for the long term as Intel and Micron were going to develop their own process technologies and memory devices going forward. Then in July the two companies announced plans to discontinue their joint development of non-volatile 3D XPoint memory after completing design of 2nd generation 3D XPoint, further dissolving any need in joint manufacturing operations in the mid-term future. As it turns out, Micron is set to exercise its right to call Intel's interest in IM Flash and buyout its stake for about $1.5 billion starting from January 1, 2019, the company said on Thursday.
Under the terms of the original agreement, Intel has purchased chips from IM Flash under a special long-term supply agreement, essentially buying at manufacturing cost. Once Micron acquires Intel’s stake in IM Flash, which will take from six to twelve months after Micron exercises its right, the two companies will have to sign a new supply agreement if they need to. On the basis of previously signed contracts, Micron will still supply 3D XPoint memory wafers to Intel for up to a year after close, at pre-agreed prices. After that, Micron may continue to supply Intel with 3D XPoint memory on a foundry basis.
Given the 6-12 month lead time required after Micron hitting the button, if Micron puts its takeover plan in motion on January 1, 2019, it will need to come to new terms to sell Intel any of the Lehi manufactured 3D XPoint memory by mid-2020 or early-2021. While this is ongoing, Micron has previously stated that it is set to introduce its own 2nd Gen 3D XPoint-based products in late calendar 2019 and then ramp them in 2020 under the QuantX brand. Around the same time Micron will start pilot production of its post-3D XPoint "emerging memory products", the company indicated.
While Intel will continue to obtain 3D XPoint from IM Flash until at least mid-2020, there is a big catch. The two companies are set to finish development of their 2nd Gen 3D XPoint only sometimes in the second or the third quarter of calendar 2019. The joint development takes place in IM Flash R&D facilities and the design is tailored for the IM Flash fab and jointly-developed process technology. Therefore, the transaction may potentially affect Intel’s ramp up plans for the 2nd Gen 3D XPoint memory. In fact, Intel can manufacture 3D XPoint memory at Fab 68 in Dalian, China, the company said earlier this year. However, since the fab is busy making 3D NAND, Intel may have to adjust its production plans for both types of memory.
The announcement from Micron is the end of the whole IM Flash joint venture project. At this point, the two companies have very different priorities for their storage businesses in general: Intel might primarily wants to sell SSDs for client and server applications, whereas Micron’s interests also span to automotive, mobile, special-purpose use, and various emerging applications (in fact, Micron once planned to offer 3D Xpoint for mobile devices, according to a presentation).
In order to properly address different markets, memory suppliers need different products. Intel prefers larger dies for high-capacity SSDs, while Micron needs smaller dies for other devices, it can be counterproductive for the two to work together. This can be one reason why the two decided to dissolve the partnership and focus on individual goals both for volatile (NAND) and non-volatile (post-3D XPoint) types of memory.
What remains to be seen is how the two companies share their jointly-developed IP (actual technologies required for 3D NAND and 3D XPoint will be shared, but there are certain things beyond that). The most logical scenario would be to sign a broad cross-licensing agreement, but this is still to be determined.
- Intel and Micron To Dissolve 3D XPoint Partnership After 2019
- Intel And Micron To Discontinue Flash Memory Partnership
- Micron Starts Construction of Its Third NAND Fab in Singapore
- Micron Discontinues Lexar Business, Plans to Focus on Higher-Margin Products


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Is Minecraft a dead game 2021? Despite Notch’s remarks, Minecraft is incredibly far from being considered a dead game. … Besides providing fans with the option to purchase DLC content, the game has also recently received part one of its 1.17 Caves & Cliffs free update, which brought with it new blocks, mobs, and items.
Is Minecraft illegal?
While countries around the world have banned or restricted access to news websites and social media networks — including Facebook and Snapchat — so far, Minecraft has not been banned by any countries.
Has anyone died playing Minecraft?
A man who has been playing a single continuous game of Minecraft for the past five years says he is devastated to have been finally « killed ». Phil Watson, 31, of Newcastle, had been playing in the most difficult Hardcore mode, which means his character cannot be brought back to life.
Is Minecraft growing or dying?
As someone who has been playing games since the 1990s, and Minecraft since 2012, no, neither is dying. Using Google search trends to answer it is like using global PC shipments being down year on year for like the past five years to say PC gaming is dying (when I believe it’s been growing).
Is Roblox better than Minecraft?
Gameplay. In terms of gameplay, Roblox has the edge over Minecraft simply due to the sheer volume of gameplay options. As stated previously, Roblox is more of a game engine or gaming toolbox than a single standalone game. Gamers can play a near endless variety of games, which include whodunits and first-person shooters …
What countries is GTA 5 banned in?
The list of countries that banned the game included Thailand, Venezuela, Pakistan, South Africa and Argentina. While some countries have relaxed their stance, some have remained adamant over the restriction of gambling in any form in video games.
What is the number 1 game in the world?
Minecraft is the best-selling video game of all time after 1984’s Tetris. Released in 2011 and purchased by Microsoft in 2014, Minecraft has sold more than 180 million copies to date.
Why is Roblox banned?
On October 17, 2018, thousands of Roblox accounts received an account deletion with the moderator note Roblox ToS Violation. This ban wave primarily targeted bot users due to scams that were being perpetrated by them, although some innocent users which included known developers and traders were affected as well.
How old is BadBoyHalo?
LANGUAGE! Darryl Noveschosch (born: April 2, 1995 (1995-04-02) [age 26]), better known online as BadBoyHalo (formerly SaintsofGames), is an American gaming YouTuber known for hosting the Minecraft server MunchyMC.
Who is the oldest Minecraft YouTuber?
At 90, Hamako Mori is officially the world’s oldest gaming YouTuber, according to Guinness World Records.
What is the most common death in Minecraft?
One of the most common deaths for new players is Mobs. If unfamiliar with the term, Mobs are the creepy guys seen only at night time.
Is Minecraft being shut down?
Minecraft might just be the most popular game in the world, with nearly 500 million players and a decade’s worth of continued to success to show for it.
Why is Minecraft bad?
Minecraft makes that even more problematic because it is a sandbox game – you can go anywhere in the game and do anything you want; there’s not a particular set of goals and structures. As a result, sometimes it’s endless — and that makes it very difficult for kids to stop playing.
Is Call of Duty dying?
Call of Duty might not be dead, but there are many who think it’s dying. Many fans were disappointed with the most recent release, Black Ops Cold War, and Warzone has been unstable for a while. … In 2021, fans will receive Call of Duty Vanguard, an alternate-history title set in the 1950s.
Why is Roblox bad?
The lack of moderation (despite language filters) in the chat feature and uploaded user content leaves children at risk of exposure to a worrying range of inappropriate adult content, bullying and abuse.
Is Roblox safer than Minecraft?
Violence can be an issue in both games, but while Roblox’s user-uploaded games tend to be more of the shooter/explosion/disaster variety, Minecraft’s leans more toward hand-to-hand combat, even though it’s depicted in a cartoonish way.
Is Minecraft a copy of Roblox?
With that being said, it’s impossible for Roblox to have copied Minecraft due to one simple reason: Roblox debuted in 2006 whereas Minecraft came out in 2009. … Yes, this may come as a shock because for a long time, Minecraft was the more popular of the two blocks-inspired online games.
Is GTA 5 modding illegal?
modding is illegal for GTA 5 Online, but nobody will actually try to arrest you for doing so. Worst case scenario? Your account will be permanently banned and you need to buy the game again and use another e-mail address.
Is GTA 5 banned in US?
GTA 5, other Grand Theft Auto games, and violent video games on PS4, PS5, Nintendo Switch, Xbox One, Xbox Series X/S, PC, and more will be banned — at least in Illinois — if a new piece of legislation passes. … Right now in the state of Illinois, minors can’t purchase games with an excess of violence.
Is Minecraft banned in China?
The creators of Minecraft have announced they’re taking their hugely popular game to China. The plan is to make a version of the block-building game for Chinese gamers to play on PCs and mobiles. … Foreign game consoles were banned in China from 2000 to 2014 because officials thought they were bad for children.
Which is the No 1 sports in the world?
Soccer is the biggest global sport and a top 10 sport in all countries measured, as well as the dominant sport in South America, Europe and Africa. The world cup final is watched by an estimated 600 million people.
Which is the No 1 Android game?
PUBG Mobile is the most popular mobile games of all time.
What is the most sold game in the world?
|2||Grand Theft Auto V||150,000,000|
Is free Robux illegal?
No. Any offer of free Robux, memberships, or valuable items is a scam. These are meant to trick you into giving out your password or personal information, or make you click on a bad link. Their goal is to take your account and all your Robux and items.
Is Roblox banned in China?
“Roblox is aimed at a younger audience and the majority of its content will not be an issue in China,” said games analyst from Niko Partners Daniel Ahmad to TechCrunch. “However, we do see some risk from its user-generated content features which can be used in ways that Chinese regulators may disapprove.”
Is Roblox banned UAE?
Is Roblox Banned In UAE 2021? Yes, Roblox was banned in UAE in 2018 by UAE’s Attorney general Dr. Hamad Saif Al Shamsi. Roblox was not the only gaming platform that was banned there were a number of other platforms especially of the gaming genre were banned like Blue Whale and Cloud Pets.
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Inspection company SGS certified both of National Starch Food Innovation's corn starch factories, confirming they turn out non-GMO products that meet the desired quality standards.
The food ingredients company began placing its emphasis on the importance of traceability in 2003, when Joe Emling was appointed manager of grain quality and traceability, a post that had previously not existed.
Emling told FoodNavigatorUSA.com that since then the company had also put further resources into its growers - though he declined to estimate how much this might be - increasing training sessions and auditing for farmers, for example.
He explained that they decided to go for the SGS certification because: "We wanted to be open with our customers and show that an independent organisation had come in and verified what we are doing".
The traceability goes all the way through from the farmers field to the finished product.
"We occasionally get batchers that are contaminated," admitted Emling, adding that this generally comes about during the transportation of the corn, when for example a lorry has not been cleaned properly and there are still traces left from the last batch of GM corn.
The traceability program comes at a price for National Starch, adding five to 15 percent to the cost of the production of corn, and Emling says that as more GM crops are planted in the US, it will become more difficult and expensive to ensure that there is no contamination.
However, he believes it is necessary to continue to provide a sure supply of non-GM corn because of market demand. It is for this reason also that he does not think that all farmers will decide to plant GM crops even with the higher yields that they are assured.
"We are fully committed to our non-GM position - even though we know it will become more costly to deliver - because our customers are demanding this," said Emling.
A significant percentage of National Starch's customers are companies that specialize in organic or health foods, though some are more mainstream firms.
Last year around 40-45 percent of the corn harvested in the US was GMO.


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Research has found that Brits aren’t just using eReaders because they’re handy and compact, but because it’s easier to disguise the filthy books they’re reading.
eReaders may be a new big tech trend, super convenient to carry around and compact enough for the tiniest of bags, but according to a new study, many of us have them so we can disguise the fact we’re reading erotic novels. Ahh, so that’s why commuters get all hot and bothered on the tube.
The study, carried out by discount website MyVoucherCodes.co.uk, has found that 71% of people with an eReader said it was more convenient to read on the move, which is hardly surprising. However, 58% of Brits polled admitted that they use the device so that other people can’t see what they’re reading and 34% of those confessed that it’s because they can devour erotic novels wherever they are without any shame. So considering we don’t like to talk openly about sex much here in the UK we imagine that’s much more like 60% or 80%.
Those polled were asked if there were any other genres they were keen to hide and a less lusty 57% said that they used their e-reader to disguise the fact that they were reading children’s books, whilst 26% said they used theirs to disguise their insatiable sci-fi habit.
The survey was carried out in 2012 by www.MyVoucherCodes.co.uk and 1,863 people with an eReader were polled.[Image via Annie Mole]


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Samsung are planning to launch their new Galaxy Note 20 smartphone along with their new Galaxy Fold 2, so we can expect both handsets some time in July or August. In a testing video published earlier today, Zack Nelson of JerryRigEverything showed off how easily the phone's display scratches, in the end, literally poking holes in it.
Last but not least, and despite its failure to present a flawless Galaxy Fold previous year, Samsung is back in the game, successfully releasing its Galaxy Z Flip just a week ago. The Samsung Galaxy A71 comes loaded with a host of new Make In India features.
"Meet the first-ever folding glass screen on a Galaxy".
The UTG glass is claimed to be produced "using an intensifying process to enhance its flexibility and durability". Those of you with long nails may need to be careful if you pick up a Z Flip.
Last week Samsung announced the new Galaxy S20 series which came with all new hardware and a better camera. Clearly, Samsung UTG is a highly enticing manufacturing alternative which serves as another important example of our dedication to technology advancement and manufacturing excellence.
In the previous video demonstration, Nelson subjects the Galaxy Z Flip screen to a series of increasingly hard selections of The Mohs hardness test kit, which begins to show, painfully, scratches and crevices on the screen from the second level onwards. "The display protector shall be utilized by a specialist with the right tools to align and apply it". The Galaxy Z Flip has a hinge that can rest at multiple angles which can be helpful if you are on a video call or if you want to use multiple apps, something that's absent on the Razr.
Bucks' Giannis Antetokounmpo Fuels Rumors He's Headed to Lakers
Twitter immediately took notice of this where everyone was refreshed with a sense of competitive basketball. On Sunday night, when Team LeBron beat Team Giannis 157-155, we got a truly memorable NBA All-Star game .


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UK-Taiwan trade talks boost agriculture, energy and pharma
Topics: TAIWAN TRADE AGRICULTURE ENERGY PHARMA UK
UK-Taiwan bilateral trade grew to £6.6 billion last year and ministers pledged to continue strengthening trade links. In today’s talks (Tuesday 1 October) ministers agreed to work together on the UK’s application to export British lamb to Taiwan. Discussion also focused on market access issues and ways to boost cooperation on offshore wind, pharmaceuticals and financial services.
The ministers also celebrated the one year anniversary since Taiwan allowed imports of quality British pork in August 2018. More than £4.58 million of British pork has been exported to Taiwan in the first year.
Trade cooperation on energy is bringing significant opportunities to UK companies. Taiwan is planning to increase its renewable energy production from 4% to 20% of supply by 2025, much of it from offshore wind farms, and as the world’s leading offshore wind producer, the UK is poised to be a key partner in this. More than 18 UK companies in the offshore wind supply chain have already set up offices in Taiwan to further develop the market. ■


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Apple recently filed two patents that show how they plan to use the iPhone’s wireless technologies to solve two everyday problems: dropped calls and lost keys.
They way they’re going to handle dropped calls seems pretty complicated (to me anyway), but its end result is simple. If you’re about to lose your Wi-Fi connection or drop a call, it will alert you so that you can make corrective measures if you choose.
Apple also wants to use Bluetooth technology to help you find lost items. Just like with cordless phones, if you lose your headset, you press a button on the iPhone and the lost item will start to flash and make noise. They plan to sell accessories with this feature built-in and they also plan to sell a tiny Bluetooth device that could be attached to almost anything, like your car keys or dog.


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Dayton-Hudson Corp. on Wednesday rejected a second unsolicited offer, at $68 a share, or $6.6 billion, from Dart Group Inc., calling the deal
In a strongly worded statement, Dayton-Hudson said it was not interested in ``opportunistic proposals that would put the (company`s future) in the hands of Dart or other speculators.``
``We do not believe that Dart has the ability to put the financing in place to acquire Dayton-Hudson,`` said Chairman Kenneth A. Macke. ``The Dart Group looks like a speculator and arbitrager to us.``
The Minneapolis-based retailer also said it doesn`t plan to restructure, recapitalize or reorganize its operations. Dayton-Hudson includes Dayton`s and Hudson`s department stores, Target discount stores, Mervyn`s family stores and Lechmere hard goods stores.
Dayton-Hudson, the country`s sixth largest retailer, has twice in the last month rejected unsolicited offers from the Maryland-based Dart Group, which is controlled by the Haft family.
In June, the Minnesota legislature enacted a tough antitakeover statute at Dayton-Hudson`s urging to thwart a hostile takeover that would break up the company`s operations to pay for the bid.
To get around the law, a bidder such as Dart would have to persuade 25 percent of the company`s shareholders to call a special meeting to vote out the directors. If Dart obtained the required consent, Dayton-Hudson would have to call a meeting within 55 days.
A key provision of the law blocks a corporate raider for five years from selling assets of a target company to pay debt incurred in the takeover.
Dart said recently that it intends to seek a special meeting to throw out Dayton-Hudson`s entire board.
In a separate action, attorneys for a group of Dayton-Hudson shareholders filed a class-action suit Wednesday against the giant retailer and its board that challenges the constitutionality of Minnesota`s antitakeover law.
The suit also charges that the Minnesota law violates federal securities laws and that Dayton-Hudson and its directors ``have not fulfilled their obligations to fully and fairly consider acquisition proposals, including the pending Dart acquisition bid.``
The suit seeks a preliminary injunction against the state law, which was amended in June in a special legislative session. A hearing on the request is set for Oct. 30.
Last month, Dart, based in Landover, Md., offered to buy out Dayton-Hudson for $68 a share, or $6.6 billion, in cash plus stock in a surviving company, New Dayton-Hudson. Dart had earlier offered stockholders $65 a share, in addition to a 20 percent equity interest in the new company.
Dayton-Hudson rejected Dart`s first offer, made Sept. 18, which would have been worth about $6.3 billion. Chairman Macke said the renewed bid was not substantially different than the first one.


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Wanda Artus-Cooper has been named vice president of corporate sales at Freedom Communications. She will lead the planning and execution of sales strategies to drive advertising growth, improved revenue performance and retention. She will also play a leadership role in training, coaching and developing sales teams, as well as structuring enterprise-wide compensation plans.Most recently, Artus-Cooper has served as a consultant at 2100 Trust, LLC, a private equity firm founded by Kushner focusing on acquiring promising newspaper properties. From September 2010 to November 2011, Artus-Cooper served as vice president of business development at PromoWorks LLC in Schaumburg, Ill., the nation's largest provider of in-store engagement and sampling programs serving national consumer packaged goods companies and major retailers.
From June 2009 to August 2010, Artus-Cooper developed a business plan and operational strategy for a national “kid healthy” brand as consulting chief executive officer at Merryweather Farms, a privately held branding and marketing company. Prior to that, she has served as vice president at Chef Creations/Culinary Concepts, Inc., CEO at Excelline Foods, Inc., and president and COO at Richelieu Foods.
In the media business, Artus-Cooper has served as advertising director for GateHouse Media from July 2007 to May 2009, where she developed and implemented revenue-growth and cost-savings plans to restore profitability for two regional daily newspaper properties. She also led strategic planning and increased profitability as president and COO at TransADVO, an ADVO subsidiary specializing in logistics planning and execution services.


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Amazon.com Inc. said it reached a milestone, selling more e-books than hardbacks over the past three months.
But publishers said it is still too early to gauge for the entire industry whether the growth of e-books is cannibalizing sales of paperback books, a huge and crucial market, the Wall Street Journal reports.
Amazon painted a picture of accelerating growth in sales of e-books, which can be read on Amazon’s own Kindle and through software on a host of other devices, including Apple’s iPad and iPhone. The figures don’t include free e-books.
These stories are part of our daily Dorobek Must Reads. Check out the full list of stories.


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Now it’s time to get an iPhone. (Okay, I may wait until it’s 3G, but still…)
Today Apple announced full Exchange support & push email on the iPhone. Full Exchange support.
Of course, this is one of those things that many people predicted way back when the iPhone was first announced (seems so long ago, doesn’t it?), but that didn’t stop the tech news pundits from decrying the iPhone for not having these features.
Just like the SDK. The tech pundits decried the lack of an "official" way to bring 3rd party apps (non-web apps) to the iPhone, completely ignore the fact that it was pretty much a given from the start that Apple would do this.
Of course Apple intended to add these features, but it was more important to bring the thing to market in the first place.
(Oh, and on the whole no "Flash" issue? Flash sucks! It always has and always will. Just because so many websites rely on it now, doesn’t make it suck any less. Hell, I had some bad Flash on a website lock my whole computer just yesterday. I had to hard boot to recover. Do you really want that crap on your phone?)


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SWITZERLAND – Nestle, the world’s largest food and beverage company has agreed to sell its U.S. confectionery business to Ferrero for US$2.8 billion in cash with acquisition expected to complete around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions.
Ferrero, best known for making Nutella, Tic Tacs and Ferrero Rocher, would become the third-largest confectioner in the US after Hershey and Mars.
With a key interest to expand into the US market, the company has acquired Nestlé’s US-focused confectionery business that represents about 3% of U.S Nestlé Group sales.
“With Ferrero, we have found an exceptional home for our US confectionery business where it will thrive.
At the same time, this move allows Nestlé to invest and innovate across a range of categories where we see strong future growth and hold leadership positions, such as pet care, bottled water, coffee, frozen meals and infant nutrition,” said Mark Schneider Nestlé CEO.
The acquisition included Nestlé’s US manufacturing facilities in Bloomington, Franklin Park and Itasca, Illinois – as well as other locations in California, Illinois and New Jersey.
The deal also included the deal are brands like Crunch, BabyRuth, BottleCaps, 100Grand and Raisinets.
Nestle bought vitamin producer Atrium Innovations for US$2.3 billion and US coffee brand Chameleon Cold-brew as it strives to maintain its global status and market.
“We are very excited about the acquisition of Nestlé’s US confectionary business, which has an outstanding portfolio of iconic brands with rich histories and tremendous awareness.
In combination with Ferrero’s existing US presence, including the recently acquired Fannie May confections brands and the Ferrara Candy Company, we will have substantially greater scale; a broader offering of high-quality products to customers across the chocolate snack, sugar confectionery and seasonal categories; and exciting new growth opportunities in the world’s largest confectionery market,” said Giovanni Ferrero, executive chairman of the Ferrero Group.
The integration confirmed Ferrero’s continued commitment to investment and growth in all of their products and brands in the key strategic and attractive market of UK.
Arrival of Nestle as a powerful confectionery and chocolate brand will help deliver value to North American consumers and customers.
The confectionery business includes popular local chocolate brands such as Butterfinger, Crunch, BabyRuth, 100Grand, Raisinets, Chunky, OhHenry! and SnoCaps, as well as local sugar brands such as SweeTarts, LaffyTaffy, Nerds, FunDip, PixyStix, Gobstopper, BottleCaps, Spree and Runts.


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A critical focus on supply chain sustainability began in the 1990s, according to the MIT Center for Transportation & Logistics (CTL) and Council of Supply Chain Management Professionals (CSCMP). In 2010, the UN Global Compact defined supply chain sustainability as “the management of environmental, social, and economic impacts, and the encouragement of good governance practices, throughout the lifecycles of goods and services.”
As sustainability initiatives were continuing to gain momentum at the start of 2020, by some accounts the COVID-19 pandemic slowed progress; 60% of companies decreased their investment in sustainability initiatives, according to Spend Matters.
Yet, Supply & Demand Chain Executive (SDCE) also said its 2020 Green Supply Chain award-winning companies like CJ Logistics America made sustainability a priority in a time of crisis as the supply chain industry persevered through the disruptions of the COVID-19 pandemic.
The changing priorities of businesses and consumers resulting from the pandemic have had and will have an impact on supply chain sustainability. Consumers and key stakeholders now expect sustainable practices and operations, as SDCE and other sources remind us.
There appears to be a swing from environmental sustainability – managing climate change, harnessing renewable energy and reducing waste management – toward social sustainability, according to industry observers.
The findings of “The State of Supply Chain Sustainability 2020 Report,” published by the MIT Center for Transportation & Logistics (CTL) and Council of Supply Chain Management Professionals (CSCMP), indicate that in 2021 “sustainability engagement may shift toward better health and safety practices, job benefits, and increased pay as a reaction to the myriad headlines about the mistreatment of front-line supply chain workers during COVID-19.”
Another factor influencing the shift is the higher profile of ESG (Environmental, Social and Corporate Governance) investing. A Bloomberg article in SupplyChainBrain, “Biodiversity, Supply Chain Rank Among Biggest ESG Themes in 2021,” reports that ESG investing has moved to the mainstream of finance, along with many social issues such as racial disparities, worker wellbeing in the workplace, and access to health care.
According to Bloomberg, in 2021 investors intend to increase pressure on companies to “address racial and gender diversity, as well as climate change.” Investors say they will be asking companies to “provide greater visibility into their operations related to labor practices, health and safety, and human rights.” Responding, companies say they will become more socially conscious.
In CSCMP Supply Chain Quarterly, Pierre-Francois Thaler, co-CEO and co-founder of EcoVadis, writes that social purpose as central to business commitments is one of the major trends indicating that supply chain sustainability will be a significant focus in the 2020s.
The MIT CTL/CSCMP report reinforces the emphasis on social sustainability and on corporate transparency. “The pandemic may drive efforts toward more purpose-driven supply chains that value social and environmental impacts more significantly,” the report concluded.
As DSC Logistics, long recognized for efforts in sustainability, rebrands as CJ Logistics in 2021, there is excitement about what becoming one with “CJ Logistics, The SCM Innovator” means for the company’s commitment to sustainability. “Now, as CJ Logistics, our ability to optimize sustainability, efficiency and visibility is greatly increased,” CJLA CEO Ed Bowersox said. “Social responsibility – at both local and global community levels – is a key component of CJ Logistics’ strong, value-driven sustainability policy, along with quality workplace and environmental efforts.”
For more information on our supply chain solutions:


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Following its success last year in the fourth quarter, Apple continues booming this year with a total reported revenue of US$74.6 billion (MYR267.23 billion), a 30% increase if you compare that figure to that of the same period last year in 2014. It has beaten Wall Street’s expectations as well – they have expected that Apple had US$67.5 billion (MYR241.80 billion) instead. Not only that, their earnings per share is US$3.06 (MYR10.96) – about a dollar more than the estimated earnings per share! Seems like Apple is on a good start in 2015!
The holiday season seems to be one of the factors that results in Apple enjoying their success. During this period, iPhone sales boomed following the release of iPhone 6 and iPhone 6 Plus – accounting two-thirds of the revenue reported. On average, Apple reported that it moved 74.5 iPhones with an average price of US$687. Tim Cook, Apple’s Chief Executive, reported that they have sold one billion iOS devices as of November 2014. He also have credited the launch of iPhone 6 and iPhone 6 Plus in helping them achieve this.
Although they’ve received much success with iPhone, the same can’t be said for their tablets. iPad’s sales was 21.4 million units sold, whilst the figure for iPad’s sales last year was 26 million units. Mac computer’s sales also fell slightly – from 5.52 million units last year to 5.519 this year in Q1. Alongside these, other products by Apple including Beats, iPods, Apple TV, and others brought US$2.7 million of revenues.
All in all, Apple was able to increase their revenue across all regions. With America as their main focus, China seems to be Apple’s fastest growing market – their revenues from China alone increased by 70% in a matter of a year’s time. In total, they have sold about 74.5 million units of iPhone and counting – resulting in Apple’s highest revenue and profit.
It is expected that Apple’s sales will subside and become more resigned – as expected considering it is right after the holiday season. They hope to see the sales of US$55 billion (MYR197 billion) level. With Apple releasing Apple Watch soon, we might be able to see Apple breaking their own records and set another level in terms of sales figures and revenues.


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US farm tractor sales fall 0.8% year-over-year in February to 10.525 tractors, industry body says
March 11, 2014
(Industry Intelligence Inc.)
– The Association of Equipment Manufacturers reported on March 11 that 10,525 farm tractors were sold in the U.S. in February, down 0.8% year-over-year.
Thus far this year, 21,705 tractors have been sold, down 0.1% from the year-ago period, the association added.
The primary source of this article is the Association of Equipment Manufacturers, Chicago, Illinois, on March 11, 2014. Click here to read the primary source's full version of the article.


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OnePlus will be holding its event on October 14 where it is expected to release two wireless earphones: the OnePlus Buds Z and OnePlus Bullets Wireless Z Bass Edition along with the all-new OnePlus 8T 5G.
Leaks have emerged about the specs of the OnePlus Buds Z and OnePlus Bullets Wireless Z Bass Edition and according to the leaks the OnePlus Buds Z is going to be the affordable alternative to the OnePlus buds featuring 10mm drivers and battery life up to 20 hours compared to 13.4mm drivers and 30 hours of battery life on the OnePlus Buds.
As for the Bullets Wireless Z Bass Edition, it is expected to come with 17 hours of playback and use 9.2mm drivers instead of 10mm drivers and battery life up to 17 hours rather than 20 hours on the OnePlus Buds Z. That’s it as far as differences go between OnePlus Buds Z and OnePlus Bullets Wireless Z Bass Edition. The design and waterproofing is going to be identical for both of the wireless earphones.
Officially, OnePlus has confirmed that the Buds Z will weigh around 4.35 grams and come with IP55 water and dust resistance along with a design similar to the OnePlus Buds.
Stay tuned at Tech2Stop for more such updates.


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BEAST’s Japanese album is about to be released, so the group decided to not wait any longer and officially began promotional activities, in order to reach as many fans in Japan as possible.
The cover image as well as the teaser video for the bonus track have already been released via BEAST official Japanese website on August 29th, showing the boys’ more mature and manlier sides.
The group’s “BEAST Japan Best” album will be released on September 17th, and will include a translated version of “More Than You Think” as a bonus track, a song that was previously released in Korean. The album will also have plenty of original songs in Japanese that have never been released before.
While promoting in Japan after four months of absence, BEAST is expected to visit major cities in the country in order to meet with their fans, through various broadcasts and performances.
Edited by: Laura Dees
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The non-profit organization honors its service to more than 10,000 small business owners since its founding with a brand-new look and reveal
With more than a decade of experience helping small and micro businesses with high potential and limited access to resources they need to grow and thrive, Start Small Think Big is announcing its refreshed look. With this new look also comes an “All for Small” campaign, which celebrates the small businesses that are integral to our community and local economies. Since 2009, the one-of-a-kind non-profit organization has offered small business owners a unique mix of assistance across legal, financial, and marketing services—all at no cost—thanks to the support of volunteers, donors, corporate and community partners, and the communities these businesses serve.
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This year alone, Start Small Think Big will provide crucial resources for over 4,500 small businesses, 95% of which are owned by women or people of color, that contribute to their overall livelihood and longevity. Throughout the pandemic, small businesses have been disproportionately impacted by the devastating toll of COVID-19, even more so as it relates to women or people of color. A recent Facebook and Small Business Roundtable report found that retail businesses, whose employees consist primarily of people of color, were the hardest hit by closures and saw sales and workforce declines. Despite these challenges, more women of color own businesses in the U.S. than ever before — they are a crucial community lifeline.
“We judge our success by the success of our small business owners, and I’m incredibly proud of the impact we have made over the last decade,” said Jennifer DaSilva, founder, and executive director, Start Small Think Big. “Not only have we partnered with thousands of small business owners in creating thriving businesses, but we’ve also impacted their families and stimulated economic activity in communities where it’s desperately needed. However, our job is far from done, and together we must continue to prioritize supporting local small businesses now and every day.”
With the new branding comes a new outlook on how to continue to prioritize and creative innovation solutions explicitly aimed at setting up small business owners for success. Looking ahead to the next ten years, Start Small Think Big has set an ambitious goal to double its corporate partners and expand its network to assist 15,000 small business owners annually. One partner that has been instrumental in this growth has been Blackstone and their Blackstone Charitable Foundation, who provides both monetary and pro bono support to Start Small Think Big.
“The Blackstone Charitable Foundation is committed to helping increase diversity, equity, and inclusion across the firm, our portfolio, and the communities in which we operate,” said Amy Stursberg, executive director of the Blackstone Charitable Foundation. “It’s been an honor to partner with Start Small Think Big to help transform our commitments into impact through corporate volunteering. By partnering with Start Small Think Big, we’ve been able to engage our staff and provide them with meaningful professional development opportunities, all while assisting small business owners who lack the resources needed to grow their businesses. Start Small Think Big makes giving back easy and rewarding – any organization looking to help advance equity in entrepreneurship should consider volunteering with them.”
Start Small Think Big provides a turnkey and meaningful opportunity for corporations to turn their CSR strategy into impact. Gone are the days for organizations to be silent on their beliefs and values. Aligning a CSR strategy with an organization like Start Small Think Big makes sense for many reasons. And, engaging corporate volunteers is accessible, meaningful, and rewarding. It’s a beautiful way to give back to others that benefits employees, individual small business owners, and society.
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And last month, the trade got a fillip thanks to the Government which organised the World Philately Exhibition at Delhi. More than 25 Indian and foreign stamp dealers did business exceeding Rs 15 lakh at the exhibition.
But with the exception of the odd exhibition, by and large, the stamp world is a closed one. Most dealers procure stamps through a close network of philatelist friends: while some also attend the auctions held in Calcutta, Ludhiana and Jaipur throughout the year.
Dealers charge a 10- to 15-per cent commission from the buyers. Says P.C. Jaiswal, proprietor of the Calcutta-based Stamp Enterprises: "We have postal auctions every three months. We print catalogues and send it to prospective clients, who then bid." Jaiswal's company sells stamps worth Rs 2 lakh annually through auctions.
The other way to make a fast buck is to buy used modern stamps in kgs from junk dealers and paper mills at throwaway prices and to sell them in packets. Says A.E. Slatewala, a stamp dealer in Bombay: "We buy these stamps for Rs 7 a kg. These packets are in great demand with children."
But it is the export market which provides dealers with their bread and butter. Says Graham Carey, director of the London-based Christie's Robson Lowe, one of the leading stamp auctioneers in the world: "There is great demand for Indian classical stamps in England, US, Germany and Italy. India is among the top 10 countries for philatelic material." Christie's have an annual auction of Indian stamps, with sales worth 500.000 (Rs 1.32 crore). What's more, last year Christie's sold a rare Indian 4 anna stamp for a whopping 60,000 (Rs 15.9 lakh).
Though India exports stamps worth more than Rs 3 crore every year, the Government allows a mere 30 per cent import entitlement to the exporters. And that too only if they are members of the Allied Chemicals Export Council, as stamps are classified as paper, due to a lack of any separate export council.
We sell modern Indian stamps at their face value while the Government gives us a commission ranging from 20 to 25 percent. We import a similar amount of Soviet stamps."The company has a turnover of Rs 10 lakh from its stamp business alone. The Government has tied up with foreign agencies too. For instance, the Department of Posts and Telegraph has struck a deal with five foreign agencies.
Says Ajoy Bagchi, member postal board: "We work with these agencies on a commission basis and through them we have sold more than Rs 71 lakh worth of stamps."
Yet, dealers complain that there is lack of government support to philately: that interest in stamps within the country is waning: and prices of modern stamps are falling due to lack of demand. Complains Jaiswal: "We have been trying in vain for six months to get our import entitlement." The Government, however, has the age-old explanation - shortage of foreign exchange.
But dealers point out that the Government is losing foreign exchange by not exporting cancelled to order stamps as is the practice in other developing countries. Explains Sandhu: "Postage cancelled stamps are banned in many countries because they are unhygienic as people use saliva to put them on envelopes.
I can do Rs 1 crore of business if the Government allows this facility." Still, as the Delhi exhibition revealed. the Government is not totally insensitive to the needs of the stamp dealers. And as M.M. Singh, a Bombay-based dealer points out, stamps are still considered a good investment by many.
"The price of most old rare stamps have gone up nearly four times in the last decade." If that is indeed true, then the stamp business should be in for franking good times.


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Could this be the moment Netflix investors have been eagerly anticipating? Shares of Netflix Inc. NFLX seem to be riding a wave of optimism, climbing higher on the back of a glowing analyst update from none other than Morgan Stanley. But what exactly prompted this vote of confidence from such a renowned financial institution?
Let’s delve into the heart of the matter: Morgan Stanley analyst Benjamin Swinburne reinforced his faith in Netflix with an Overweight rating and elevated the price target from $475 to a bullish $550. Such moves in the world of finance aren’t made lightly—they’re a beacon calling attention to an expected strong market performance.
Rewind to last Friday, when the entertainment behemoth announced a date for the reveal of its fourth-quarter financial results—January 23, after the market closes. The streets of Wall Street are abuzz with speculation, especially since the forecasts pouring in from Benzinga Pro anticipate earnings of $2.20 per share on a robust quarterly revenue of $8.705 billion. If the past is any indicator of the future, it’s worth noting that Netflix previously eclipsed analyst expectations on revenue and earnings, ignited by a surge in member growth that exceeded even the most optimistic of projections.
But it’s not just superior numbers that have investors leaning in closer. The streaming giant’s recent actions have been a strategic play at fortifying its empire. Netflix’s introduction of an ad tier, the crackdown on password-sharing, and smart adjustments to pricing plans have lit the path to its impressive year-to-date stock uptick of around 65%.
As we hone in on the details, it’s clear that the ad tier deserves a special mention. Netflix revealed that its last quarter saw a nearly 70% jump in memberships quarter-over-quarter—a testament to the ad tier’s success. And with eyes set on the forthcoming fourth-quarter member growth figures, anticipation is mounting.
At the time of writing, NFLX shares have soared by 3.21%, reaching a notable $487.24, as stated by Benzinga Pro. This surge comes amidst a year that has seen a fair share of dips and dives—a 6% decline countered by a remarkable 51% year-to-date surge.
As shareholders and potential investors look to the horizon, the message from Morgan Stanley rings loud and clear—Netflix is a stock to watch. With the company’s next financial report right around the corner, the stage is set for a potentially game-changing moment.
Now, as we telescope out from the close-up view of Netflix’s current triumphs, we find ourselves entwined in the broader narrative of the streaming industry. Netflix’s strategies reflect a deep understanding of the evolving market dynamics and consumer preferences. It’s this agility and foresight that have kept it not just afloat but thriving amidst fierce competition.
So, what’s on the horizon for Netflix stock? With a potent mix of fresh content, innovative service models, and shrewd business moves, the company is charting a course through the tumultuous seas of the entertainment sector. Stakeholders and spectators alike should mark their calendars for January 23, when the latest chapter in Netflix’s saga will be unveiled.
As we wrap up this analysis, it’s crucial for investors and interested parties to keep their ears to the ground and eyes on the data. Netflix’s journey is a fascinating study in resilience, innovation, and market savvy. Stay tuned, stay informed, and most importantly, be ready for what comes next.
What has prompted Netflix stock’s recent surge? Netflix Inc. shares have experienced a surge following a positive update from Morgan Stanley, where analyst Benjamin Swinburne maintained an Overweight rating and raised the price target from $475 to $550. Additionally, Netflix’s strategic initiatives, such as its ad tier growth, crackdown on password sharing, and plan pricing adjustments, have positively impacted its stock.
When will Netflix report its fourth-quarter financial results, and what are the expectations? Netflix is scheduled to report its fourth-quarter financial results on January 23, after the market closes. Estimates from Benzinga Pro suggest that the company is expected to report earnings of $2.20 per share on quarterly revenue of $8.705 billion.
How did Netflix’s ad tier perform in the previous quarter? Netflix reported that its ad tier saw memberships increase by nearly 70% on a quarter-over-quarter basis in the previous quarter.
What has been the overall trend for Netflix stock in the recent year? Netflix stock has faced some volatility, including a 6% decline amidst a noteworthy 51% year-to-date surge.
Is it a good time to invest in Netflix stock? As with any investment, individuals should conduct their research and consider their financial situation and risk tolerance. Morgan Stanley’s recent update and the positive market response suggest confidence in Netflix’s current strategy and future prospects. However, potential investors should evaluate the upcoming fourth-quarter financial results and other market factors before making any investment decisions.
Our Recommendations: “Charting the Next Stream: Insight on Riding the Netflix Wave” With the landscape of the entertainment industry continually shifting, our analysis of Netflix Inc. suggests a moment of opportunity for investors. We at G147 recommend keeping a close eye on the company’s upcoming fourth-quarter financial report. Given the positive outlook from esteemed analysts and the strong performance indicators, now might be a time for strategic investment consideration. Whether you’re a seasoned shareholder or a new investor, it’s essential to stay informed and poised for action as Netflix continues to navigate the streaming waters with resilience and innovative strategies.
Let’s know about your thoughts in the comments below!


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Nike founded and oversees an ultra-elite running group, with state of the art equipment such as underwater treadmills, and whose athletes live in a specially designed house where filters remove oxygen so the athletes develop more red blood cells in a simulated high-altitude environment.
The human retina is actually brain tissue, you see with an exposed part of your brain.
Benjamin Harrison, 23rd President of the United States, had electricity installed in the White House for the first time. He and his wife were so scared of being electrocuted that they wouldn’t touch the light switches, often going to sleep with the lights on.
A man donned Walmart uniform and walked into Walmart pretending to be an employee. There he stole four flat screen TVs and left through the emergency exit without anyone suspecting.
5 million Americans play video games for 40 hours a week, the equivalent of a day job.
An estimated 80% of available jobs in the U.S. never get posted or advertised.
McDonald’s paid Justin Timberlake an estimated $6 million dollars to sing ba-da-ba-ba-bah as part of their I’m loving it as campaign.
For an April fools prank, Virgin cola announced they had a new technology that would turn their cans blue when they expired. They advised their customers not to buy blue cans. Coincidentally, Pepsi had just released their bright blue can design.
During World War 2, Allied submarines would lie on beds of pistol shrimp. The snapping sound made by the shrimp was so loud, it stopped the submarines from being picked up on Japanese sonar.
There was a toilet paper shortage in the USA in 1973 caused by a joke on a talk show that convinced people to hoard toilet paper.


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Lotus and Alpine have halted work on their joint electric sports car project, Automotive News Europe reported on Monday.
The companies had signed a memorandum of understanding back in 2021 to build a new, lightweight electric sports car together. The new vehicle would feature technology from both firms, and serve as the replacement to the internal-combustion (and fantastic) Alpine A110.
"Today’s announcement is the first step in what is set to be a hugely rewarding collaboration between our iconic brands," former Lotus CEO Phil Popham said in a statement at the time. "We are proud to be working with Groupe Renault in this collaboration—sharing Lotus’ technical expertise and abilities, and leveraging our long track record of successful collaborations. Our companies have much in common—from a pioneering pedigree in light-weighting, to championship-winning sports cars which perform as impressively on the road as they do in the motorsports arena. It is a natural fit in many ways and the co-development of an EV sports car is hugely exciting for our companies, our fans and customers around the world."
But the project is no more. Lotus confirmed to Automotive News Europe that the two companies had decided not to progress in the project, a decision the British company claimed was mutual. It doesn't mean, however, that the collaboration between the two brands is totally dead.
“We have built a strong relationship between the two companies and will continue to discuss other opportunities,” Lotus told Automotive News in an emailed statement.
Road & Track has reached out to Lotus and Alpine for further details. We'll update this post when we hear back.
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(Ping! Zine Web Tech Magazine) – PlayStation versions of Minecraft will be receiving the Skyrim mash up pack, though a release date was not given.
In a response to a Twitter user about if PS consoles would receive the texture pack, 4J Studios replied stating:
“Yes, the Skyrim Mash-up Pack will come to PlayStation. We were hoping this month, but doesn’t look Sony can do that :(“
In a recent interview with IGN, Mojang noted that the DLC should be available “soonish.”
“It is going to be cool really awesome and we think it is really cool to continue the co-operation with Bethesda. Don’t have a release date but we’re working on it as fast as we possibly can. It will be soonish!”
The Skyrim mash up pack launched last year for the Xbox 360, adding 40 character skins that Minecraft users could apply to their avatars.


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Elon Musk presents a Robotaxi At Texas Factory Opening…American billionaire “Elon Musk” announced the opening of his giant factory “Giga Factory” in Texas, USA, which ranks as the most important and largest Tesla factory in an area of more than 10 million square feet.
Elon Musk presents a Robotaxi and Robot At Texas Factory Opening
The opening ceremony witnessed Musk’s announcement of several revolutionary products bearing the Tesla name. As Elon Musk presents a Robotaxi and a robot called “Optimus,” a multi-tasking humanoid robot, that is expected to enter the production line next year, according to Elon Musk.
The American billionaire established the giant factory with the aim of assembling electric car parts, manufacturing batteries and designing the largest part of the factory to produce the Tesla Model Y crossover in addition to the Cybertruck electric pickup truck.
Elon Musk’s recent statements caused controversy after he revealed the ability of humans to live forever by putting their brains into robots.
Musk is currently working on a project called Neuralink that aims to develop a connection between the brain and the machine, which would one day allow people to store their memories as a backup.


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Consumers in South Chennai, especially those covered by supplies from Aavin’s Sholinganallur dairy, are complaining about confusion caused by the printing of the use-by date on milk packets. The milk major usually prints the same day’s date in morning supplies, which is around 12 lakh litres daily and the next day’s date for evening supplies in select areas in the city. However, for over two weeks now, consumers in areas like Chitlapakkam, Perungudi and Thoraipakkam are seeing packets with the next day’s date in their morning supply.
Consumer activist T. Sadagopan said that this was causing problems since vendors were saying the life of the milk was longer than usual. "If that is the case then why won’t Aavin do the same with milk from other diaries as well? We are forced to question the genuineness of the product," he said.
S. A. Ponnusamy of the milk retailers association said that his members had received complaints of spoilage from consumers for the early morning supplies itself. "The dates are confusing. Why can’t they just say evening packs if they are supplying in the evening," he asked.
Aavin officials said they had not received any complaints of excess spoilage from anywhere in the city. They said the issue of varying dates would be set right shortly.
Source: Read Full Article


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The operations centre was officially opened by Heidi Miller, chief executive officer of JPMorganâs Treasury & Securities Services business, and Maciej Grzeskowiak, the Vice Mayor of Bydgoszcz. Polish Chamber of Commerce representatives were also in attendance at the opening ceremony.
The operations centre will provide full back office support for JPMorganâs trade finance and logistics clients in EMEA. The centre will also help support JPMorgan Treasury Servicesâ expanding business within Poland.
Alexander Caviezel, EMEA Regional Executive, JPMorgan Treasury Services said: âAs we looked to grow our trade finance and logistics businesses in Europe, we needed a dedicated center of excellence from which to service these clients. Bydgoszcz will be an important centre for our global trade business going forward, as well as a gateway for our business into eastern Europe. Opening a centre in Poland is an example of Treasury Servicesâ strategy of being closer to our clients and servicing them more locally and regionally.â
Konstanty Dombrowicz, Mayor of the City of Bydgosczc, said: "We are very enthusiastic about JPMorgan's investment in Bydgoszcz. The presence of such a significant and world-known financial institution in our city can help increase investment activities in Bydgoszcz. Additionally, it is a great opportunity for our city to become a competitive and valuable business partner for future investors. As we would like to continue providing service for such companies, we have established the Investor Service Unit and so far have received very good references from global companies that would like to invest in Bydgoszcz."


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If Didi Chuxing Technology Co., the Uber of China, succeeds in the initial public offering in 2018, it will bypass Uber to become the world’s first publicly listed ride-hailing company.
According to the Wall Street Journal on April 24, Didi plans to launch its IPO in no later than 2018 with the ambition to seek a valuation of at least $70 billion to $80 billion.
The Wall Street Journal states that Didi’s IPO plan is still at a relatively early stage and Didi has not decided on the specific listing location yet.
If the IPO happens in the next few months, it would put Didi well ahead of Uber, its biggest rival in the markets outside of China, as the latter has claimed that it will not consider going public until 2019.
At the end of 2017, Didi received investments from SoftBank Group Corp, a Japanese multinational conglomerate holding company, up to a total of $4 billion at a valuation of $56 billion. Meanwhile, Uber also received financing from SoftBank Group at a valuation of $48 billion.
Around the same time, Didi acquired Brazil’s ride-hailing company 99 by becoming its major shareholder, officially waging war with Uber in Latin American market.
As for the Southeast Asian market, Didi and SoftBank Group injected $2 billion of investments into Grab, the Singapore-based ride-hailing platform, in 2017. This move prompted Uber to abandon the Southeast Asian market last month.
In the Chinese market, given Meituan-Dianping’s quick expansions in the food delivery business and transportation industry, as well as Meituan recent entrance into the ride-hailing market, the speeding up of Didi’s IPO seems reasonable.
According to insiders, the amount of total transactions on Didi exceeded $27 billion last year. If going according to its original plan, Didi would go public in the United States or Hong Kong in the second half of this year with the hope of being valued at around $80 billion.
The source also revealed that the ideal evaluation for Didi executives are upwards of $100 billion, and they are currently negotiating with investment banks such as the China International Capital Corporation. Didi has declined to comment on such matter.


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EXCLUSIVE: 'The first time is daunting': Jason Dundas admits he is no longer phased by stripping off for the catwalk...as he launches new clothing line
Jason Dundas has returned to Australia for the David Jones Spring Summer launch this week, as well as his first ever Dundas Fit clothing collection.
And with the 33-year-old model set to strut his stuff in his underwear on the runway during the parade, the TV presenter told Daily Mail Australia on Sunday it's no longer something that makes him nervous.
'The first time you strut down the catwalk's pretty daunting and then after that it's pretty easy,' Jason confessed.
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'First time on the catwalk's pretty daunting': Jason Dundas told Daily Mail Australian on Sunday that strutting the catwalk in his underwear no longer phases him, as he returns for the David Jones Spring Summer parade
The handsome hunk got a lot of attention after last year's runway reveal of his ripped torso and muscular physique, with the model admitting to a strict pre-show diet.
But 12 months on and the Entertainment Tonight correspondent is taking a different approach to get runway ready.
'I don't really diet at all anymore, I just eat a certain way and that just allows me to look a certain way that helps with my career,' the David Jones ambassador told DMA.
And judging by photos from his photo shoot around Sunday on Sunday, the TV personality is doing just fine without a diet, as he showed off his bulging biceps and toned abs in tights and a baseball cap.
After studying at the Institute of Integrated Nutrition in New York over the past year, Jason has become a qualified health coach, which he says has changed 'my take on nutrition a lot'.
Back home: The LA-based TV personality is back in home for the David Jones event this week as well as the launch of his Dundas Fit clothing collection
Hitting the road! The handsome hunk was spotted o the streets of Sydney on Sunday modelling his new Dundas Fit collection for a photo shoot
Fitness fanatic: The ripped model keeps in shape by hitting the gym almost daily and adding hiking and surfing into his routine
'I don't really diet at all anymore': After studying nutrition for the past 12 months the model admits he no longer diets pre-show and even has a cheat day every week
'Anything that promotes being healthy': The conversation around Jason's fit bod doesn't bother the 33-year-old, who is happy with anything that promotes healthy living
Although the star, who is now based in LA, does admit to a cheat day every week, revealing: 'I'll definitely have something fun after the show for sure.'
While some TV personalities get uncomfortable having their body under the microscope, Jason doesn't mind the objectification of his fine figure.
'I think anything that promotes being healthy,making it conversation and making it seem cool is a great thing,' he said.
'I also wanna inspire guys,' he added, of showing off his fit figure on the catwalk.
'I wanna say "hey guys it's great to be fit and healthy, you can do all these amazing things", obviously that's a priority.'
'I also wanna inspire guys': The David Jones ambassador hopes his turns on the runway inspire other men to kick off their health and fitness regimes
Hitting the gym most days of the week and enjoying hiking as well as surfing, the fitness fanatic felt there was a gap in the market for fashionable yet versatile athletic wear for men, which inspired his newest venture, Dundas Fit.
'You can wear your gym clothes and go into a cafe with your mates at lunch and not feel like you're out of place and not feel like you're in the wrong clothes.
'So I made a range that's both socially acceptable and fashion forward enough to wear in a social setting and you can look fashionable enough and a little cooler in the gym,' he said.
'Socially acceptable and fashion forward': Jason came up with the concept for his Dundas Fit range after noticing a gap in the market for functional and fashionable athletic wear for men
All smiles: The TV presenter-turned-designer was all smiles as he gets ready to launch the brand that's been a couple of years in the making
Worlds colliding! The model has drawn on his experience in the fashion world, passion for fitness and background design to launch the range
Evolved online: Thanks to the TV star's almost 40,000 Instagram followers, what began as a hash-tag for sharing health and fitness tips, has turned into a business
Drawing on his design background, which he studied at university, coupled with his work in fashion and his passion for health and fitness, Jason went about to create a line of basics, that he has been promoting heavily via social media.
'The birth of the brand came from when I started the hashtag Dundas Fit a couple years ago just to build a community online for people to share health tips.'
And it very quickly evolved into something else, thanks for his almost 40,000 Instagram followers.
'For me the idea was to create neutral, simple clothes guys can wear in any scenario,' he told DMA of the range, singling out his black shorts and heather-grey tank top as his favourites.
The first Dundas Fit collection will launch through selected David Jones stores and online on August 9, with more details of the range on the website.
Launching: The range will be available through selected David Jones stores and online this week
Favourites: The model says the shorts and grey tank are his favourites from the debut collection
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Hyundai’s latest EV might look like a hatch, but its proportions put it closer to an SUV. Whichever way you measure it up, though, it’s a rapid performer and truly feels like a product of tomorrow.
The Jaguar F-Pace has taken a big leap forward when it comes to technology and build quality, and it still looks absolutely stunning, but is this new P400 straight-six a good fit for it?
The staging ground for one of Targa Tasmania’s toughest sprints, the 99 Bends may not actually have quite as many twists and turns as its moniker suggests, but it is still an incredibly challenging drive that any hillclimber will love.
Hyundai has given the Kona Electric a reworking for 2021, giving it new looks and making changes to afford it a claimed 484km of range on paper – but can it truly match those claims on tarmac?


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The Latest 2015 Ford F-150 Discounts Could Save You Up To $10,000
If you’ve been considering a new pick-up truck, the time is now. Ford is currently offering huge discounts on its 2015 Ford F-150, one of the most powerful trucks on the market and truly the best choice in its class.
Depending on where you’re located, discounts of up to $10,000 are available—an astonishing amount of savings for such a quality product. You can check out the regional incentives here, at the official website.
The redesigned F-150 is one of the most impressive yet, especially when you consider the fact that the latest model has shed hundreds of pounds by opting for lighter-weight metals such as aluminum.
The 2015 Ford F-150 is also perfect for families, seating up to six passengers with tons of cargo space. Plus, a handful of different trim options are available, so you’ll definitely be able to find one that suits your needs.
To learn more about the 2015 Ford F-150 discounts, or to check one out in person, come pay us a visit at Packey Webb Ford.


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The UK Post Office is now offering clients the option to buy Bitcoin (BTC) and other cryptocurrencies after collaborating with Swarm Markets, a decentralized cryptocurrency exchange.
Apparently, with this new effort, the UK Post Office is not anticipated to collect commissions from the voucher sales, according to a recent report by The Telegraph. It would, however, get a payment for the ID verification software that is in place for these BTC sales.
Customers using The Post Office’s EasyID app will be able to purchase cryptocurrencies such as Bitcoin starting next week with the smartphone app used to make purchases on Swarm Markets. Additionally, the app is said to help users safely authenticate their age and identity to access online services.
Local analyst considers crypto risky
According to local analysts, despite the fact that the company has decided to provide Bitcoin to its consumers, the move might be extremely risky for investors. Chartered financial planner Warren Shute commented on this situation:
“When people buy cryptocurrencies, they should be sold with a very clear wealth warning: that you could get back a lot less than you purchased. It’s one thing buying crypto online via an investment platform as that’s what the audience expects, but you don’t associate this with the UK post office.”
In contrast, Philipp Pieper, co-founder of Swarm Markets, stated the lack of a secure and regulated platform had prevented people from accessing DeFi, adding:
¨By making it easy and safe to buy real Bitcoin and Ethereum, more people now have the option to get started in crypto and enjoy the benefits of DeFi – and not just those who understand crypto jargon.”
Cryptocurrencies acceptance growing
Crypto adoption throughout the world has been growing; recently, the digital asset became legal tender in El Salvador, while Ukraine is on course to legalize cryptocurrencies like Bitcoin after the country’s parliament passed the second reading of the Virtual Assets Bill on Wednesday 8, September 2021.
Not only that, but also this isn’t the first time a Post Office has offered Bitcoin to clients who want access to the world’s largest virtual currency. In 2019, the Post Office in Liechtenstein began selling Bitcoin vouchers over the counter. Liechtensteinsche Post AG was one of the pioneers as this made it possible for anyone in the nation to access BTC without having to rely on internet exchanges for it.
In the end, there are mixed feelings about the news, with some fearing that it will tarnish the Post Office’s image, while others are excited by the idea of acquiring crypto vouchers that can be redeemed for Bitcoin or Ethereum with a few taps on their phones.


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ARM Continues to Bump Out Record Profits
February 5, 2013 3:54 PM
comment(s) - last by
It pays to be king of mobility
Whether you're an Apple, Inc. (
) fan, a Samsung Electronics Comp., Ltd. (
) fan, or you hate them both, chances are you have a device powered by a processor using either ARM Holdings Plc.'s (
) proprietary instruction set or intellectual property cores.
In the last two decades the UK-based ARM has
established itself as the kingpin
of mobile and embedded applications. And with smartphones and tablets today chipping away at traditional computer sales, ARM is soaring high.
While the architecture mastermind only get a small licensing fee per chip made by companies like Samsung, Apple, Qualcomm, Inc. (
), or NVIDIA Corp. (
), those pennies add up to big revenue. Best of all, since the revenue is virtually all in the form of licensing fees, ARM
enjoys massive margins
were hoping for
an impressive £75.6M ($119.2M USD) on a revenue of £152.2M ($239.9M USD). ARM made those estimates look conservative,
[PDF] that in Q4 2012 it made a pre-tax profit of £80M ($126.1M USD) on a revenue of £164.2M ($258.8M USD). That's up 16 percent from a year ago, and sets a new record for the veteran chip-designer.
ARM's low-power system-on a chips dominate the mobile and embedded markets.
[Image Source: Digital Trends]
In accompanying statements ARM said that it does not predict a slowing semiconductor market will hurt its growth. It says that effect will be offset by the company's dominance in fast-growing niches,
such as the tablet computing market
This article is over a month old, voting and posting comments is disabled
RE: ARM revenue
2/6/2013 11:53:32 PM
I would think the "x86 tax" would be much smaller than 5 or 10%.
The Pentium MMX had about 4.5 million transistors and can run x86 code fine.
These days we are heading into multiple billions of transistors, so the basic x86 functionality in terms of die-size cost would be absolutely trivial.
Stuff like SSE and AVX instructions add to the die size, but again after multiple moves to a smaller fabrication process it would take up bugger-all die space.
I think AMD claimed at one stage that x64 alone at one stage was taking up a fraction of the Athlon 64's die area, but after a few die shrinks it accounted for less than 1%.
You also need to account that ARM processors are in the same league as Intel Atom which is very competitive in terms of power consumption/performance and that is an old 5 year architecture, Core based chips... Sure are more complex, but they are also 10's of multiples faster.
"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke
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text:
Entertainment and narratives will become more immersive and enveloping in a bid to capture consumers' imagination and attention.
As we outline in one of our 10 Trends for 2014, entertainment, narratives and brand experiences will become more immersive and altogether more enveloping in a bid to capture consumers’ imagination and attention. Lately we’re seeing automakers turning to high-tech Immersive Experiences in a bid to catch the attention of Millennials, a generation that’s proving to be lukewarm on car ownership.
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At the recent Tokyo Motor Show, Nissan procured the virtual reality headset Oculus Rift—a much-buzzed-about device that’s due out in 2014—to entice attendees into engaging with the brand. More than 1,500 people tried it out, going into a 3D world where their wanderings resulted in the design of a concept car. Starting with a chassis, participants could build on by deciding which areas of the landscape to explore—for instance, in a scenario featuring kayaks in a river and hot air balloons, those who moved toward the water indicated a desire for adventure, while going for the balloons showed a preference for elegance and comfort. These factors were incorporated into the final car design.
In Canada, JWT worked with Mazda to turn select Cineplex cinemas in Toronto and Vancouver into enveloping gaming experiences. During November, before the feature film, a short film showed two Mazda3 cars racing. Audience members could sync their smartphone to control their own virtual vehicle and race against other moviegoers, with an onscreen leaderboard tracking their progress. Players could win concession products.
As all kinds of brands create innovative Immersive Experiences, consumer expectations will continually increase. Experiences will need to be cutting-edge, beautifully designed, perfectly executed and wildly imaginative.


text:
Okay, it’s been seven and a half weeks since Kim Kardashian gave birth to her baby North West, and except for a brief, satellite appearance on her mom’s talk show, we have yet to see the reality star out in public. So — what the heck has she been doing this whole time?!
Of course, the new mom is spending time with her boyfriend Kanye West and their newborn, but on Monday, it was reported that she’s also working on a children’s clothing line. Kim’s designer pal Lloyd Klein revealed the news himself, however, he might want to double check with her before saying anything else…because the rumors are false, according to Kim’s rep.
With all of the endeavors the 32-year-old and her sisters already have on their plate, it’s not surprising that Kim wouldn’t exactly have time to produce another clothing line. While it is frustrating that she’s been hiding out this whole time, she’s barely had a break since the Kardashians reality show premiered in 2007…so we can let her have a few more weeks of freedom, right? But not too much longer, Kim — we’re getting antsy.


text:
timothy from the wait-till-the-glass-morphs-to-your-prescription dept.
Krystalo writes "In a nod towards the modding community and hackers in general, Google has released the first factory system image and rooted bootloader for the latest version, XE5, of Google Glass. Nevertheless, the company is at the same time warning that using these downloads will result in a voided warranty for the experimental device."
Economists state their GNP growth projections to the nearest tenth of a
percentage point to prove they have a sense of humor.
-- Edgar R. Fiedler


text:
Lots of pundits note that viewing habits are changing and many people are abandoning TV to watch video online. Troy Dreier takes that even further and makes the point that increasingly, many people are using iOS devices for this purpose, and if you aren’t making your video available in a format that those devices can play, you’re losing out.
In the shock over Apple’s amazing performance last quarter, I found this quote from Matt Richman pretty telling:
“….In 2009, Apple sold more iPhones than it did in 2007 and 2008 combined. In 2010, Apple sold more iPhones than it did in 2007, 2008, and 2009 combined. Last year, Apple sold 93.1 million iPhones, slightly more than it did in in 2007, 2008, 2009, and 2010 combined….”
Anybody else see a trend here 🙂


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Just like Facebook, Google also has been collecting data and that too of children, a coalition of 23 child advocacy, consumer and privacy groups, has claimed.
The group has filed a complaint with the US Federal Trade Commission (FTC) in this regard, according to The Guardian.
The group, in its complaint, has alleged that despite the search-engine giant claiming that the video-sharing website is only for those aged 13 and above, Google is aware that children below that age use the site.
The group says Google collects information on the kids and then put tailor-made ads on the website to generate revenue.
“Google profits immensely by delivering ads to kids and must comply with Coppa (US Children’s Online Privacy Protection Act). It’s time for the FTC to hold Google accountable for its illegal data collection and advertising practices,” The Guardian quoted Josh Golin, a member of the group, as saying.
According to the group, Google collects personal information in the form of location, device identifiers and phone numbers and uses it to track them across different websites and services without first obtaining parental consent as required by the Coppa.
In this regard, a YouTube spokesperson said: “While we haven’t received the complaint, protecting kids and families has always been a top priority for us. We will read the complaint thoroughly and evaluate if there are things we can do to improve. Because YouTube is not for children, we’ve invested significantly in the creation of the YouTube Kids app to offer an alternative specifically designed for children.”
Source: ET Telecom


text:
Shure, the Niles-based maker of microphones and other high-end audio equipment, is opening a downtown office.
The company leased 35,000 square feet—a full floor—of the National, as the renovated 20-story former headquarters of Chicago Public Schools is now known.
Shure plans to outfit the space at 125 S. Clark St. with a demonstration center for its corporate business, which is growing fast, thanks to a new line of audio-conferencing equipment. The company also is outgrowing its seven-story Helmut Jahn-designed headquarters in Niles, so it needs more office space.
"We're rapidly expanding our product-development and engineering groups," said Mark Brunner, Shure's vice president of corporate and government relations. "The Niles facility is reaching capacity."
Shure will shift 85 workers downtown. But unlike other companies that have moved downtown to be closer to young tech workers, Shure is also moving sales, marketing, customer service and market development workers into the Loop.
"The downtown location could help us be closer to clients across a variety of customer groups, such as corporate customers as well as clients in town for concert events," Brunner said.
The company could have 130 to 150 workers downtown within two to three years, said Pat Knoll, Shure's senior director of global facilities.
The National, which also is home to tech startup SpotHero and co-working space WeWork, is two-thirds occupied, said Mike Lombardo of Blue Star Properties, which partnered with Wolcott Group to buy and renovate the property. "We've still got a little ways to go."
Other recently signed tenants include HKS Architects; Impact Networking, a business-technology company; and New Ground, a St. Louis construction company.
Among the building's more popular features are 17-foot ceilings and a huge food court called Revival Food Hall.
"We looked at a dozen different types of facilities," Knoll said. Cushman & Wakefield represented Shure in the transaction. "With the lobby and Revival Hall, it had the vibe we wanted."


text:
‘Aporkalypse’ now: Spain warns of environment woes after pigs outnumber people
Animals drink 15 litres of water a day and the industry uses more water than Zaragoza, Seville and Alicante combined in a country known for droughts
There are more pigs in Spain than humans for the first time, according to figures released by the country’s environment ministry, with 50 million pigs to 46.5 million humans.
The figures show an increase of about 9 million animals since 2013 and there are growing concerns about the environmental impact of an industry that produced more than 4 million tonnes of pork products and generated €6 billion (US$6.8 billion) last year.
The soaring pig population is a key factor in making livestock the fourth-largest generator of greenhouse gas emissions after transport, electricity generation and industry.
The industry also consumes vast quantities of water in a country frequently affected by drought. With each pig drinking 15 litres a day, altogether the industry uses more water than the cities of Zaragoza, Seville and Alicante combined. Nitrates from the animals’ waste products are also beginning to contaminate groundwater, environmentalists say.
There have been strikes at several abattoirs over poor working conditions. Many workers in the sector are recent immigrants who are mainly Muslims who do not eat pork.
The industry has also been hit by a series of scandals. This year a police investigation was triggered when a customer returned a worm-riddled ham to a branch of the French supermarket chain Carrefour. Police uncovered a network of unscrupulous suppliers and more than 50 tonnes of ham that was destined for the incinerator but instead was relabelled with new sell-by dates.
The scandal was another blow to an industry that has a reputation for fraudulent practices, especially in the production of the prized denomination of jamón ibérico, which can retail at hundreds of euros per kilo.
To qualify the ham must come from thoroughbred blackfoot pigs, which spend the last few months of their lives roaming free through oak woodland known as dehesa, eating acorns. The meat must then be cured for a minimum of 36 months.
It is a slow process and supply outstrips demand. Francisco Esparrago, who produces jamón ibérico in Extremadura in western Spain, said there were not enough resources to enforce regulations.
“When you don’t control an industry in which traditionally there’s a lot of fraud ... this is what happens,” he said. “For example, some animals graze in the dehesa but instead of living on acorns for the last three months of their lives they’re given animal feed, but the inspector sees the pigs in the woods and so they receive the denomination.”
Spaniards consume about 21kg of pork each a year and the nation’s love of pig dates back thousands of years. Roman commentators wrote admiringly about Spanish ham and pigs were given special protection under the Goths who ruled after the Romans departed.
When Muslims conquered much of the Iberian Peninsula, the pig became a symbol of Christian resistance. Under the Inquisition, eating pork in public became a test of faith for Jews and Muslims who had been forcibly converted to Christianity.


text:
The price increase for Spotify subscriptions is announced this week. Everything will go smoothly: first, users will receive notification emails, then a one-month grace period, during which everything will be the same. And from the beginning of the summer, you will have to pay more.
And all this after the psychological price limit was announced and problems with the paying capacity of listeners were identified, many of whom will be forced to switch to “gray” content. This was recently announced by a service representative.
The reasons for the rise in prices are global. The damage from the pandemic and other factors have led to the fact that everything around has risen in price. Although Spotify has grown to over 150 million subscribers, the service has slipped by 125 million euros in the last quarter. Average revenue per user fell 8%.
More information should appear this week. On Thursday, Spotify will publish another report, where it will most likely comment on its pricing policy. At the same time, the new prices are already known.
At first glance, the growth is not that great – as a rule, by one unit in the currency of the subscriber’s country. That is, for example, the “Family” package in the USA will rise in price from 15 to 16 dollars. In the UK, the cost of Spotify Student will rise from £5 to £6.
In Europe, the “Student” and “Duo” packages will also rise in price by 1 euro. But the “Family” tariff in Europe will grow by 2 euros – up to 18 euros per month. Subscribers of “Single Spotify Premium” still use the service on the same terms.


text:
The diamond industry appears to be facing signs of a recession, according to a new study issued by Bain & Co. The firm’s annual global diamond industry report outlines diamond sales for 2018 and the first half of 2019, and paints a picture of how global instability has rattled consumers.
According to the study, global diamond sales are set to clock a 2 percent decrease in 2019, although “the strength of the holiday shopping season will determine the final outcome.” Rough diamond sales fared even worse — dropping a total of 25 percent.
@chrissyteigen was one of the best dressed celebrities at the Grammys 🧡
Tap the link in bio to see who else ruled the red carpet.
Grammys host @aliciakeys gave an emotional tribute to @kobebryant.
Keys followed these words with a piano performance singing, “We have to make this a celebration in his honor.. And I’m Alicia Keys to get you through it all... I’m gonna get you used to knowing music is love.”
@lizzobeeating opened the Grammys with a powerhouse performance that received a standing ovation.
Tap the link in bio for a behind-the-scenes look at how her stylist put together her and her dancer’s costumes.


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Details emerge of Stomping Ground buyout
Details have been released today of the acquisition of Stomping Ground by Good Drinks Australia, which put its upfront value at around $10.4 million.
GDA paid $7 million in cash for the Victorian brewery, as well as 4.5 million ordinary shares in Good Drinks Australia, which are worth an estimated $3.4 million according to today’s share price.
The transition will be funded using debt facilities and ongoing operating cashflows from the business, so it will not require an equity raise to complete.
There were also deferred considerations based on volume performance, GDA told the ASX.
Up to 3.5 million ordinary shares over a maximum of five years are also on offer, based on 0.2 shares per litre of Stomping Ground volume sold – at today’s share price, this is worth around $2.6 million.
This will be issued annually, as will a cash sum which is estimated to be between $6 million and $8 million over five years based on current forecasts.
Deferred considerations could also see up to $1.2 million in cash based on Stomping Ground venue earnings, with a maximum payment based on an EBITDA target of $3.5 million in 2024, and another $1.2 million in 2025 based on venue earnings, with a target of $3.7 million.
In total the deal is potentially worth $30.4 million, if all performance targets are reached.
Founders Guy Greenstone, Steve Jeffares and Justin Joiner will become significant shareholders and join GDA executive and management teams.
The transaction costs put into stark contrast the valuations currently being determined during equity crowdfunds.
Stomping Ground is expected to contribute $1.5 million to GDA earnings in its first year.
According to the release, the Victorian brewery, which owns two sites and a venue at Melbourne airport, has current volumes of 1.5 million litres annually. It is targeting capacity growth, with the aim of reaching 4 million litres by 2027.
Good Drinks told the market that there were “strategic benefits” on developing national brands relevant to key markets – of which the east coast has long been a target.
“There’s a shared ambition for Stomping Ground to become Victoria’s number one independent beer brand so this really is a win for fans of our beer,” explained Stomping Ground co-founder Guy Greenstone.
“With GDA’s help, our beers and brand will be more visible and available than ever before,” he said.
Good Drinks managing director John Hoedemaker was equally pleased.
“We’re excited about Stomping Ground joining the Good Drinks family and I know we can achieve more being on the same team. With a shared value of continuing to grow independent beer across the country, our combined skills, experience, and resources will help fast-track our goals.”
GDA’s head of strategy Aaron Heary explained that Stomping Ground had initially been seeking capital to fund a major expansion in its sales team.
“We were seeking to accelerate awareness and branded sales growth in Victoria through our existing venue strategy. During this process it became clear that the joining of the two businesses would achieve both objectives faster and more effectively.”
The deal comes at an interesting time for breweries who are reaching and exceeding targets and looking for other options for growth. Over in the US, many breweries are looking to sell in a competitive market and Australia could see similar trends in the coming years.
Meanwhile, many have turned to equity crowdfunding in the past few years, which have seen valuations come to the fore in the Australian brewing industry.


text:
Bank Indonesia published a press release on Saturday where it affirms that virtual currencies, including bitcoin, are not recognized as legitimate instrument of payment, therefore not allowed to be used for payment in Indonesia.
The central bank of the Republic of Indonesia added that ownership of virtual currency is highly risky and loaded with speculations, considering there is no authority responsible, no official administrator, no underlying assets to base the virtual currency price, and that the trade value is highly volatile.
Cryptocurrencies are vulnerable to bubble risks, and susceptible to be used for money laundering and terrorism financing, therefore can potentially impact financial system stability and cause financial harm to society.
Bank Indonesia statement
The news comes as Bank Indonesia announced on January 15 that it has teamed up with the National Police to prevent transactions using cryptocurrency in Bali.
We are looking out for bitcoin transactions in Bali, particularly in tourist spots. We will take measures against non-rupiah transactions.
Causa Iman Karana
The head of Bank Indonesia Bali office
Recently, we have reported that cryptocurrency investors in South Korea will be fined for refusing to convert their virtual accounts into real-name ones.


text:
Walmart is guilty, just not guilty enough, according to Chancellor Andre Bouchard of the Court of Chancery in Wilmington, Delaware. Bouchard. Bouchard dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world's largest retailer of trying to cover up bribes paid by company executives in Mexico, according to Tom Hals writing in Wal-Mart wins dismissal of Mexico bribery lawsuit for Reuters. In explaining Bouchard's ruling, Hals writes:
The litigation stemmed from a 2012 New York Times investigation that found Wal-Mart had engaged in a multi-year bribery campaign to build its Wal-Mart de Mexico business. According to the newspaper, Wal-Mart sent investigators to Mexico City and found a paper trail of suspect payments totaling more than $24 million. However, top executives shut down the internal probe and did not notify U.S. or Mexican law enforcement until after the newspaper had informed Wal-Mart that it was looking into the issue. The Delaware lawsuit sought to hold Wal-Mart directors liable for damages they caused the Bentonville, Arkansas-based retailer, in what is known as a derivative lawsuit. Successful derivative cases usually result in corporate governance changes. While the Delaware shareholders were fighting for company documents to bolster their case, a federal judge dismissed a parallel derivative case in Arkansas for failing to prove the board was too conflicted to investigate itself. That ruling has been appealed. In his 60-page decision, Bouchard said the Arkansas plaintiffs' strategy "does not rise to the level of litigation management that was so grossly deficient as to render them inadequate representatives" of Wal-Mart shareholders.So, Walmart executives were bad boys, just not bad enough. (I don't usually comment on the choice of art with stories, but this case has to be among the strangest I've come across, particularly for an organization like Reuters. Is there a hidden message here, or was no one simply paying attention?) Jeff Hess: Have Coffee Will Write.