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Retailers already are deep into splashy preview sales online, offering hot deals similar to those usually found on Thanksgiving, which is November 23, or the day after.
"Stores do want to offer something that will get them through the doors, because it's more of an incentive to buy if they're in the location", Dengler said. "Both of those stores are really struggling right now". The catalog has added online and mobile features, such as creating online lists from the Wish Book.
However, store openings are optional on Thanksgiving - so some retailers may not be open. It no longer describes the kick-off to holiday shopping.
The Thanksgiving weekend will play a big part in the tradition.
That may explain why some retailers are calling it quits on Thanksgiving or trimming their holiday hours.
Sears to keep up with competing stores, Sears has chose to open their stores to Black Friday customers at 8pm Thanksgiving Evening, and close at 10pm on Black Friday. Stores will then reopen at 8 a.m. on the actual Black Friday. All plan to open at various times on Thanksgiving. Doorbuster deals have been offered for items such as the LG 55- inch 1080p 120Hz HDTV, Indisgnia 39- inch LCD HDTV, and the Amazon Kindle Fire.
On Black Friday, the Staten Island Mall will open at 6 a.m. and close at 10 p.m.
Wal-Mart Stores Inc said on Thursday its US stores will feature color-coded sections for different product categories on Black Friday, as it prepares to compete for shoppers on one of the busiest shopping days of the year. Visit regularly for tips and announcements about the best holiday deals from your favorite retailers.
Below are the some of the top Black Friday deals retailers are now advertising, according to Best Black Friday.
Obama still owns a home at 51st and Greenwood, and is registered to vote in Chicago , although he and his family live in D.C. Obama was seen shaking hands once he arrived in the building. "The Former president was here at our invitation", Evans said.
It comes after a series of missile and nuclear tests in the past few months, a sharp escalation from recent years. It was not pleasant for them, was it?' said Trump , who wore a leather bomber jacket as he addressed the troops.
Asked whether he should have stepped down, Mr Joyce said he had strong advice that he would not be ruled ineligible. Sign up here for free access to 7 articles per month + twice daily business email alerts.
Apple engineers are reportedly experimenting with ways to interact with the headset, either by voice, touch, or head gestures. The company wants to have technology for a headset ready by 2019, and sell it as early as 2020, according to the report .
When he took office, Hariri promised "a new era for Lebanon", which had been in a political deadlock for two years. A UN-backed tribunal has indicted five Hezbollah members for the killing but the group denies any involvement.
McGloin, 27, played the past four seasons with the Oakland Raiders and passed for 1,868 yards, 11 touchdowns and 11 interceptions. Texans coach Bill O'Brien did not talk about any issues regarding Watson's knee during his Thursday news conference.
The mounting allegations caused Netflix to cut ties with the actor and suspend production on its sixth season indefinitely. Given the "climate", Unruh said her son recently filed a police report, adding that a criminal investigation was underway.
Japan lags behind other developed nations in terms of smoke-free policies and the social pressure to quit is less intense. Unlike many western countries, smoking is permitted in certain sections of restaurants.
A railway connecting Gyumri, Armenia, and Kars in Turkey is another victim of the long freeze in Turkish-Armenian ties. An official welcoming ceremony has been held for Turkey's President Recep Tayyip Erdogan in Baku today.
The Washington Post noted that Martinez had a full-day interview while Farrell's confab with the team was much briefer. The two were together with the Cubs for the past three seasons, including that team's 2016 World Series championship.
An appeals panel overturned that verdict, but the full appellate panel reinstated the award in October 2016 by a vote of 8-3. The order of a lower court that Samsung pay Apple $119.6 million in damages for multiple infringements therefore stands.
Trump, who is prone to venting, blows off steam about the investigation but then moves on, according to one of the advisers. Bannon is no fan of either Jared or Ivanka, due to their reportedly more moderate economic and social positions.
The Central Land Council (CLC), who represents Aboriginal people in Central Australia, welcomed the move. The latest statistics showed just 16 per cent of tourists climb Uluru, paving the way for the closure.
If the elder Flynn is indicted, it would be the first charges brought against someone who worked in the Trump White House. If he is charged, Mr Flynn would be the fourth person to face prosecution as part of Mr Mueller's investigation.
Monster Hunter: World's first beta kicks off on December 9, Sony revealed during its Paris Games Week showcase event. The beta for World will be exclusive to not only the PS4, but also PlayStation Plus users.
The autonomous Kurdish Regional Government has faced strong criticism after it held an independence referendum last month. A Kurdish official on the Syrian side of the border said access for aid workers and journalists has not been affected.
Economic growth and job creation are robust, investment is picking up and government deficit and debt are gradually decreasing. By 2019, real GDP growth is expected to slow down to 4.1%, with private consumption remaining the main growth driver.
The draft complaint also states that he was promised another two year deal which would have earned him $511,000 (£389,000). Anello said his company worked for Carey from June 2015 to May 2017 but were stiffed for more than $200,000.
This is not the first time that Koenigsegg broke a world record held by Bugatti, as it happened just last month. Swedish high-performance auto manufacturer Koenigsegg has broken the top speed record for a production vehicle.
Units from Wings of Liberty, Heart of the Swarm and Legacy of the Void campaigns will appear in the ranked ladder. Blizzard's real-time strategy game (RTS) StarCraft II will be going 100% free-to-play, later this month.
It was shot down by Saudi air defence forces, with fragments of the missile landing in an uninhabited area north of the capital. The Saudi-led alliance said the strikes unleashed on Wednesday had hit a "legitimate military target" of rebels in the area.
Authorities are reviewing security video to identify the suspect, who fled in a vehicle before officers arrived. Customers and employees hid or fled toward the exits after gunshots rang out in Thornton, a suburb of Denver.
John McCain (R-Ariz.), who has previously been critical of Guantanamo, also called for Saipov to be held in military detention. It's not good and it hasn't been good". "We're so politically correct that we're afraid to do anything".


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Crypto and blockchain: the foundation of a new financial system
Bitcoin has come a long way from its beginnings as an obscure and unknown virtual currency
Today, bitcoin and its various derivatives are traded both on cryptocurrency exchanges and major institutional platforms. For example, the Chicago Mercantile Exchange, the world’s largest diverse derivatives marketplace, offers bitcoin futures. The product trades along with oil, gold, wheat and other futures. SIX, a leading Swiss stock exchange, also launched bitcoin and ethereum exchange-traded products (ETPs). And ICSE, the company which operates the New York Stock Exchange, launched a platform for trading bitcoin futures called Bakkt.
From 2015 to 2019, we saw many useful cryptocurrencies and blockchain projects emerging. According to Coinmarketcap, by the end of 2019 there were 2,389 cryptocurrencies and tokens across the world based on Ethereum, EOS, and NEO blockchains. We have also witnessed dozens of hard forks, such as Litecoin, Bitcoin Cash and Monero. Moreover, there is a whole family of bitcoins, from the original bitcoin itself to the mysterious BitcoinX with market capitalisation of just $451. However, more than 90% of those cryptos are nothing but scam projects that have been out of service for a long time and were created just to raise money for initial coin offerings, or ICOs, without any plan for further development.
Dubai and Venezuela issued their own digital currencies, emCash and Petro. China is readying the roll-out of its own yuan-pegged, central bank digital currency, or CBDC. Other countries are considering the possibility of launching their own CBDCs. The following governments have announced such plans so far: the UK, Switzerland, Sweden, Norway, Denmark, Spain, the Netherlands, Germany, Lithuania, Israel, Iran, South Korea, Japan, Thailand, Singapore, India, Canada, South Africa, Australia, New Zealand, Uruguay, Marshall Islands and the Bahamas.
Crypto regulations have been introduced in almost all jurisdictions across the world. Digital currencies are partly regulated in the European Union, the US and Japan. Full regulation was introduced in Switzerland, Belarus, and Estonia. Russia and Ukraine are in the process of developing such legislation, while India, Ecuador, and Brazil have completely banned crypto. In 2021, El Salvador gave bitcoin legal tender status.
To sum up, the crypto industry has become a phenomenon that is hard to ignore. Let’s now turn to the main questions that are related to this new area of finance:
1) What is cryptocurrency?
2) What are the prospects for cryptocurrencies?
As cryptocurrencies are not directly involved in the monetary policy of states and do not play an important role in traditional financial systems, it is difficult to find an exact definition of the term. It would be logical to define cryptocurrencies as an alternative asset, at least for now.
To answer the second question, we have to move on to the main part of this story. If the financial world formally recognises cryptocurrencies as an asset, then the economists should consider the benefits and feasibility of creating a state-controlled digital currency. Moreover, such recognition opens doors for the evolution of the global financial system. Why is that?
Formally, cryptocurrencies can be divided into three types:
- Cryptocurrencies designed for settlements and preservation of value: BTC, ETH, XRP, LTC, BCH
- Cryptocurrencies designed as platforms for business and project development: Ethereum, Ripple, EOS, Stellar, Tron, Cardano, NEO, IOTA
- Internal tokens of particular projects: Binance Coin, XZT (Tezos), Huobi Token.
The top 50 cryptocurrencies have enough market capitalisation and customer demand to survive, transform or merge with other projects. But over half of them may not survive until 2030. More than 2,000 projects outside the top 50 could be even more unfortunate. 99.9% of them will disappear just because two-thirds are no longer functioning and have absolutely no practical use. This is the result of the first attempt to create a huge crypto market from scratch, which was unsuccessful as the key audience of crypto was extremely small. According to a report published by the Cambridge Centre for Alternative Finance, there are no more than 101m active crypto users around the world, roughly 0.13% of the world's population.
During the next decade, a new digital economic system is likely to emerge. Its main features are expected to look like this:
1. Cryptocurrencies will be used as a payment instrument, a safe haven asset, or as a store of value. Their practical application will be adjustable. State-controlled CBDCs will be established by different governments.
2. Whole business units will use blockchain, such as Ethereum or EOS, as a basis. Some state-owned companies and projects will be based on CBDCs.
3. New projects and businesses that use their own blockchain ecosystem will be created. The new move will not be like an ICO market, but rather like a regulated area, such as IPO, probably based on state-owned CBDCs.
Roughly speaking, we will witness how the global financial system is transformed into a new digital one, divided into a public sector and a private one.
How likely is this to happen? It is difficult to predict the exact path of transformation of the international financial system. However, such evolution has already happened before, and the coming version of a new monetary system will, in fact, be the sixth one in our history.
How the global monetary system evolved
As technology advanced and the world's population grew, the need for money supply was growing too. Many new ways to monitor financial relationships between ordinary people, business and states emerged. At certain points in history, approximately every 40 years, the monetary system required drastic changes or updates.
Basically, there are times in history when the existing system is creating shortages, or the states fail to comply with the agreements made with citizens. Normally this happens during a jump in human development, when the amount of trade deals between countries surges, or during a crisis such as a war, which is very expensive.
In 1821, when the post-Napoleonic Europe required restoration and development, the Bank of England established the basis of the gold standard, which had been used for over 40 years. Gold coins became the main currency that replaced the bimetallic and paper standards. Therefore the states were not able to print paper money and stamp coins from other metals in unlimited numbers. Gold circulated freely until it became more scarce.
In 1867, at the height of the industrial revolution, the Paris monetary system was founded. Major countries, except China, agreed to use both gold coins and gold-pegged national currencies for international settlements. Moreover, the gold parity for each currency was established. All fiat money could be freely converted into gold. To use gold exclusively was not convenient anymore, since the development of industry and international trade needed a more flexible tool, but at the same time required tight control. Gold-secured currencies were just perfect for that age. The British pound was considered as the world’s major currency. Moreover, gold itself was also in free circulation.
Gold exchange standard
As the First World War ended, it became obvious that the current financing system had collapsed into chaos and the Paris monetary system should end. States simply printed the necessary amounts of unsecured money to support the army and to restore the country after the war. Meanwhile, there was either no gold in the reserves at all, or it was mined in such small quantities that it was not able to provide the state’s needs for financing.
In 1922, the Genoese monetary system was established during the Genoa conference. For international transactions, the countries began to use gold bullion and gold-backed currencies such as the British pound, the US dollar and the French franc. These fiat currencies were used at a global level with a fixed exchange rate that relied on gold parity, while the rest of the currencies had a free floating exchange rate.
The problems of the Genoese monetary system began to become evident as states’ needs increased. Some national currencies were devalued, which ultimately led to their complete depreciation and default. The Second World War had put an end to the existing monetary system, as countries declined to comply with previous international agreements.
In 1944, at the end of World War II, the Bretton Woods monetary system was formed. It marked the beginning of the US dollar hegemony in the global financial system. The price of gold was fixed at $35 per troy ounce, and the rate of all other currencies was fixed towards the US dollar and the British pound. However, as the British pound gradually weakened, the leading role in international settlements went on to the dollar.
Floating exchange rate
In 1976, the Bretton Woods system was replaced by the Jamaican system, which is still used today. The dollar was no longer considered a main international currency, since its issuance could no longer be backed by actual gold reserves. Exchange rates were sent to float freely and the price of fiat currencies was determined by market demand and supply. Gold finally lost its world reserve status and became an ordinary commodity, such as oil or wheat. Polycentricity and decentralisation formed the basis of a new global financial system.
The whole world believed that the Jamaican system would become more flexible than the Bretton Woods one, as it was expected to help various states to independently manage their monetary policies and to cope with economic instability much easier. However, the American dollar, which was supposed to lose the status of the world’s major fiat currency, still remained the leader. The American economy was far more powerful than others, with its military and scientific potential forcing foreign investors’ capital to flow into the US. It turned out that investors prefer a strong and stable currency for international payments and are more likely to invest in a strong economy rather than developing countries that experience a liquidity shortage. In addition, the headquarters of major intergovernmental organisations, such as the United Nations, World Bank, and International Monetary Fund, are based in the US.
Today, the world’s major financial hub is located in the US, while the development of other states is heavily dependent on it. Financial crisis that begin within the US could act as a kick-off for a financial tidal wave across the world. This was clearly demonstrated during the crises of 2000 and 2008. The US has a tremendous influence on the banking sector, as well as on the global financial system, and is able to freeze the accounts of entire states, impose sanctions and translate its point of view to the rest of the world. This is drastically different from what the Jamaican currency system should hypothetically be.
In 2008, the G20 summit was held to deal with the evolving crisis. The states also decided the fate of the Jamaican currency system and its possible reformation, while trying to solve other issues related to the global financial system. The dollar hegemony was discussed repeatedly, and the controversy continues until now. Just a year after the G20 summit, Bitcoin was created.
Bitcoin: the decentralised era
On January 3, 2009, Bitcoin’s first block, also known as genesis block, was generated and the first 50 bitcoins were mined. The person behind the world’s major cryptocurrency is still unknown. We only know that its father, or maybe a group of people that created “digital gold”, acted under the name of Satoshi Nakomoto. The emergence of Bitcoin has led to the development of a new digital financial system. It is highly likely that blockchain and cryptocurrencies will form its basis. As we already mentioned, many leading states are currently working on their own digital currencies.
If we seek to imagine the future of the new financial system, it is quite possible that each state will work on developing its own centralised system, which will be independent from the global one or from a single centre. It is not clear how the countries will interact, though.
The essence of this estimated model is similar to existing blockchain projects, such as Ethereum, but the particular central bank of each state would in this case act like Ethereum itself. Blockchain-based projects developed in China, or its CBDC that is currently underway, are state-owned.
The People’s Bank of China, in its turn, can be integrated into a global decentralised financial system, where all the global central banks would have equal rights. In this system, there will be no possibility of imposing decisions, such as forced sanctions, on other countries. However, as of now, it is quite difficult to predict how this new system will be regulated. The described model is nothing but the product of the author's imagination. However, the state CBDC in China is already on its way, scheduled for launch in 2020. If it happens, the country will have to integrate its digital yuan into the global payments system. If other countries follow the path, the world will need a single decentralised system that will unite all state CBDCs into one network but at the same time provide equal rights for all states within it.
To make this a reality, at least two global events must happen. And furthermore, they have already occurred, forcing us to create a new financial system:
1. A new technological breakthrough, which implies the development of new technologies in IT industry, medicine, energy, bionics. The emergence of AI and other modern technologies, such as powerful computers with quantum processors, will give rise to the further development of humanity. Quantum computers are being successfully tested by Google, IBM, Microsoft and other corporations. We only have a few years left for them to become mainstream. This could be compared to a similar IT breakthrough when Steve Jobs presented to the world his Apple II personal computers. Just 20 years before that, IBM invented the world's first hard drive with a memory capacity of 5MB.
A technological breakthrough plays a main role in the development of a financial system, as it begins a new chapter in the development of humanity.
2. The crisis. Even the most ingenious economists are not able to solve current problems in the global financial system in one fell swoop. However, each new crisis, whether financial or military, solves the majority of the problems. After a powerful crisis, the financial system changes completely.
How soon will the crisis come and what will it look like? The third part of the article will be dedicated to this matter.

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NEARLY 20% of local companies reported job layoffs during the first nine months of 2022 despite reporting growth in profit following the easing of Covid-19 restrictions, a new report by the Confederation of Zimbabwe Industries (CZI) has revealed.
The outbreak of the pandemic in 2019 led to most economies revising their economic growth targets as many governments battled to contain the spread of the virus and overwhelmed health delivery systems.
According to the CZI, the country’s organised manufacturing sector lobby group, most companies reported growth in profit post Covid-19.
“Although job creation is positive, unfortunately there were also some firms that retrenched workers. This also includes those that created new jobs; about 8% of the firms that created jobs also retrenched, and these are mainly in the wholesale sector, which could reflect casual workers on short contracts,” the CZI’s third-quarter report shows.
“On the overall, about 17% of the firms indicated that they had retrenched employees during the period under review. The agriculture sector is also among those sectors with a ratio of firms indicating that they had retrenched exceeding the national average. In terms of the actual level, on average, firms that retrenched parted company with about 16% of their total employees over the nine months to September 2022.
“The distribution of the retrenchment patterns with respect to age shows that among those that retrenched, firms that are still relatively new (10 years and below) had a higher ratio of workers leaving compared to those fairly older in business.”
The report also shows that almost 41% of the businesses indicated that profitability of their businesses had improved during the first nine months of 2022.
“Given that corporate tax in general performed below target, this means that these 41% might have registered only very minimal increases. However, about 28% of the businesses indicated that their profitability had dropped, with close to a third of the businesses believing there were not many changes in profitability,” the CZI says.


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LPG cap saves government Rs 764 crore
Figures for the September-December 2012 period showed that growth rate of domestic cylinder sales dived into negative territory at -5 % since the supply of subsidized cylinders was capped at six per year for each household.
The sharp fall stands out against an 8% growth in cylinder sales in the corresponding period of 2011 and indicates a near-absence of diversion. Senior marketing executives of state fuel retailers said most of the growth in domestic cylinder sales was coming from unlawful diversion of cheap cylinders for commercial purpose. This is borne out by the collateral growth in sale of non-domestic cylinders, which rose at 16-17 % in the period under review against a mere 4% increase in sales recorded in the previous year's corresponding period.
Another indication of the annual cap's success is the sale of auto LPG (cooking gas sold as automotive fuel at market rate by fuel retailers), which recorded a growth of 4% against less than 3% previously. "There was huge diversion of subsidized cylinders meant for domestic use. The diversion ranged from local tea shops to small industries. Even a lot of genuine consumers were using subsidized cylinders to run cars," a top executive of IndianOil Corporation said.
The oil ministry has projected a subsidy loss of Rs 37,411 crore on cooking gas in 2012-13 at Rs 520.50 per cylinder. Officials reckon that going by the saving in just four months, the saving would be even higher since there have been no claimant for over one crore connections during the recent customer verification drive.
(This article was originally published in The Times of India)


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Most smartphone brands and their mobiles gain popularity over the years creating fans and community. The manufacturers then take their customers and fans seriously and offer them various services for their loyalty to their mobile products and get the advantage of being able to connect and build a relationship with that group on a more personal level.
For instance mobiles like OnePlus, Xiaomi, and Realme have a massive fan. OnePlus, has its Open Ears Forum to directly interact with its users and improve its hardware and software offerings. On the other hand, Xiaomi and Realme give their top fans the opportunity to attend launch events and they get free merch for their support. Similarly, Taiwanese smartphone manufacturer, HTC is one of the first to start such a community program for its fans, but sadly, the program HTC Elevate program has now finally met its demise.
HTC elevate program shuts down
Back at the height of its popularity, HTC was one such brand that wanted to have a special and exclusive place for true fans. Now that place has shut down and its timing right after news of the company’s dismal 2019 earnings only adds fodder to rumors of its own inevitable demise.
Launching in 2012, HTC Elevate may just be one of the oldest running VIP clubs for smartphone phone fans, back when smartphones may have still been considered a fad. The forum had strict requirements to maintain activity and rewarded members with freebies and chances to attend product launches. Now it has almost silently closed down the program without any explanation or even a warning beforehand.
According to https://www.xda-developers.com/HTC’s Elevate was a private members-only community for fans and supporters, with its entry limited by a strict invite system. HTC relied on Elevate to connect with loyalists worldwide and get feedback on its products. In return, members stood a chance to get freebies and get invited to attend launches. HTC required members to be active and log in on the platform at least once each month, which not only incentivized activity but also served to weed out members who weren’t as passionate about the brand.’
As a couple of Elevate members facing issues logging in on the HTC Elevate platform. Fans who tried to log in were left with a 502 error, which led people to believe that the company had finally called it quits. However, the forums were back up online in a few days which gave fans some false respite. Now, if you visit the HTC Elevate website you’re greeted with a pop-up that states, “Hello — This program is no longer active. Please email firstname.lastname@example.org for any support needs for HTC products.” At the time of writing, there’s no official statement from HTC regarding the now-defunct community program.
Shutting down a program is nothing shocking and is totally within the program owner’s rights but you’d presume that a VIP program would at least give members a heads up first. Then again, HTC Elevate may no longer have such members to speak of in the first place if the number of die-hard HTC fans have dwindled to almost zero.
That, of course, doesn’t mean there are zero HTC fans, just not enough fans willing to remain active enough to be in that exclusive club. This, in turn, indirectly suggests that the number of HTC users and fans have likewise diminished significantly. As if sales figures aren’t enough of a hint but HTC hopes that with the launch of its blockchain phone it can save HTC’s mobile business.


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The importance of digital technologies in tourism, providing opportunities for innovation and preparing the sector for the future of work, is at the centre of World Tourism Day 2018, to be celebrated in Budapest, Hungary on September 276, 2018.
World Tourism Day, celebrated every September 27 around the world, is a unique opportunity to raise awareness on tourism’s actual and potential contribution to sustainable development.
This year’s World Tourism Day (WTD) will help to put the opportunities provided to tourism, by technological advances including big data, artificial intelligence and digital platforms, on the map of sustainable development. The World Tourism Organization (UNWTO) sees digital advances and innovation as part of the solution to the challenge of marrying continued growth with a more sustainable and responsible tourism sector.
“Harnessing innovation and digital advances provides tourism with opportunities to improve inclusiveness, local community empowerment and efficient resource management, amongst other objectives within the wider sustainable development agenda,” said UNWTO Secretary-General Zurab Pololikashvili.
The WTD official celebration will be held in Budapest, Hungary, a country enjoying steady growth of tourism backed by consistent policy support and a commitment to the digital future. Other celebrations will take place worldwide.
The official celebration will also see the announcement of the semi-finalists of the 1st UNWTO Tourism Startup Competition, launched by UNWTO and Globalia to give visibility to startups with innovative ideas capable of revolutionizing the way people travel and enjoy tourism.


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The legendary soundtrack on Blu-ray Music Disc.
Final Fantasy 7 is getting the orchestra treatment!
Patch also makes standard gameplay a little easier.
Dare Devils coming soon.
It’s like a Phoenix Down for your account!
Celebrating the classic RPG’s 25th anniversary.
Looks like two new games are coming from Dontnod Entertainment.
Square Enix seems to have secured a deal with Microsoft.
In an update on Square-Enix’s website, Naoki Hamaguchi has been named as the co-director for the long awaited remake.


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Facing significant declines in digital music sales, Apple is reportedly plotting a potential overhaul of its iTunes Music Store, in addition to considering new revenue opportunities through on-demand streaming and even allegedly an iTunes for Android.
Executives at Apple apparently had high hopes for iTunes Radio to help boost sales of songs on the iTunes Store, but to date only between 1 and 2 percent of listeners are purchasing content, according to Billboard. That's led to "hotly debated" possibilities within Apple and with its content partners about the future of iTunes.
"Apple's desire for a smooth transition is complicated by an urgency in by an urgency that iTunes must move quickly as people move away from downloads, where Apple controls 90% of download music sales in the U.S., towards streaming, where Apple is overshadowed," the report said.
Sources within the music industry have apparently portrayed the debut of iTunes Radio as "underwhelming," while the cloud-based iTunes Match service is alleged to have "only" 1 million subscribers.
One music executive said they expect iTunes to be "completely different" in the next 3 to 5 years. People at Apple are apparently feeling the heat from streaming services like Pandora and Spotify, which are eating away at traditional music sales.
Wednesday's report is light on details about what exactly Apple might do to overhaul the iTunes Music Store, but Billboard did indicate last month that the company is allegedly considering a version of iTunes for Android. Another potential option said to be on the table is a new on-demand music streaming service, much like Spotify.
Those possibilities were presented again Wednesday, with the prospect of iTunes for Android specifically portrayed as a consideration that "weighs no less heavily" on Apple executives than when late co-founder Steve Jobs decided to debut iTunes for Windows in 2003.
In light of an erosion of downloads by all-you-can-eat streaming services like Spotify and Beats Music, iTunes still holds considerable sway in the industry, generating more than 40 percent of U.S. recorded music sales revenue. That represents a huge bargaining chip for Apple in pushing for an expansion of its own streaming service.
On the streaming front, Pandora dominates with nearly one-third of the market, while recent data suggests that iTunes Radio is already bigger than Spotify, despite launching in late 2013. But Apple had apparently hoped that iTunes Radio might have a greater effect on music sales than the service has thus far.


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Tesla has developed feelings for India yet again.
A group of Tesla executives could visit India this week to meet government officials about potentially building a factory in the country, both Bloomberg and Reuters reported, citing sources. Tesla’s previous plan to sell its vehicles in India fell through last year over tax issues.
Tesla’s push to sell its cars in India represents the electric vehicle maker’s latest effort to increase its footprint beyond China. Shanghai houses Tesla’ first factory outside the US.
The development comes just before prime minister Narendra Modi’s scheduled visit to the US in June.
Tesla’s proposal to set up shop in India comes after the nation refused to cater to Elon Musk’s demand over reducing import duties on cars last year. India imposes a 100% import duty on fully imported cars with cost, insurance, and freight value of over $40,000. Cars that cost less than that attract an import duty of 60%.
Despite Musk’s rant on Twitter, India made it clear that it would want the carmaker to build vehicles locally instead of importing them from China. The deadlock over higher taxes made Tesla abandon its search for a showroom in India.
Tesla also relocated its India team to other regions across various operations.
In 2021, Tesla marked its entry into India by incorporating a company called Tesla India Motors and Energy in Karnataka’s capital city Bengaluru. The same year, speculation was rife that Musk might visit India to meet prime minister Narendra Modi amid Tesla’s demands to lower duties on imported electrical vehicles. That meeting never came to pass.


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Mind-reading technology is about to go mainstream. Are your thoughts at risk?
Startup Heap details how it initially failed to switch from CoffeeScript to TypeScript programming language.
Researcher claims "political persecution," all while police are looking for a hacker who doxed thousands of officers.
The power plant is 82 metres across, and a simulation technology firm could make it easier to manage and extend its life expectancy.
Amazon's position in the bottom of the consumer buying funnel is allowing it to gain share in the search ad business.


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BMW recently announced that it will add Apple CarPlay for free to its vehicles and now Android users will be happy with this latest update. BMW has announced that its vehicles will start getting Android Auto in mid-2020.
Android users will be able to use Android Auto wirelessly as long as they opt for BMW’s fully digital cockpit. Android Auto info will not only be displayed on the center display, but also the digital instrument cluster and the head up display.
“Many of our customers have pointed out the importance to them of having Android Auto inside a BMW for using a number of familiar Android smartphone features safely without being distracted from the road, in addition to BMW’s own functions and services,” says Peter Henrich, Senior Vice President Product Management BMW. “We will offer this service to our customers starting in July 2020.”


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Rail freight operator Lineas and logistics company Tabaknatie will set up collection points for containers outside of Antwerp to spread the number of trucks during the Oosterweel works.
Rail freight operator Lineas and logistics company Tabaknatie will set up collection points for containers outside of Antwerp to spread the number of trucks during the Oosterweel works. The initiative comes after Lantis and the Port of Antwerp called on transport companies to propose solutions that would reduce rush-hour traffic.
Both companies proposed a hub outside the city or port where carriers can drop off or pick up their cargo. The remainder of the route will shift to night-time off-peak hours. As a result, some 20,000 containers could be taken off the road every year.
As the largest private rail freight operator in Europe, Lineas proposes extensive use of rail. Specifically, the company wants to realise a rail/truck hub along the E17 in the direction of the port. The containers will be collected outside Antwerp and transported to the port. Through a direct rail connection to the deep-sea terminals, this can be done during daytime and at night.
"With the Oosterweel works, our mission of Modal Shift from road to rail has never been more relevant,” says Lars Redeligx, CCO of Lineas. “With this rail/truck hub, we want to offer the market yet another solution that will immediately keep trucks out of rush hour and transport as much of their loads as possible by rail. This benefits both mobility and climate: trains emit nine times less CO2 and eight times less particulate matter.”
Lineas is still researching the location of the rail/truck hub. Currently, the two main options are the Ghent port area and the surroundings of Kortrijk. The shuttle should be operational in 2022.


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Diagnostic Health, a company that carries out ultrasound scans for the NHS, has been involved in a series of data protection breaches, potentially affecting up to 10,000 patients. A leaked report from...
High profile attacks like WannaCry have pushed cybercrime into the public eye
Don't panic! Oracle releases 237 patches fixing 153 vulnerabilities in business-critical applications
Critical flaws in Fusion Middleware, PeopleSoft and MICROS retail applications fixed in Oracle's latest Critical Patch Update
Hackers are becoming craftier and focusing on identity theft
Google removes fraudulent extensions


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With businesses beginning to reopen amid Covid-19 spikes, controlling safety can feel overwhelming. You care about your employees and your customers-- You want to get your team back to work and make sure you are there for your customers.
Implementing sustainability practices is undoubtedly a challenge, and kudos to you if you're the company's sustainability driver! Imagine this: you've just left a meeting about sustainability to grab a bite to eat in the break room, and everyone is using Styrofoam plates and plastic utensils. The recycling bins sit empty.
Farmers have been struck by the pandemic, which goes double for farmers who have traditionally sold their crops to businesses rather than to individual consumers. For example, in Florida, many farms grow crops destined for use in restaurants, theme parks, and cruise lines, all of which are shuttered due to social distancing requirements.
Prior to the beginning of the Covid-19 pandemic, concerns were already mounting over the amount of food waste produced by the United States. With the continuing spread of the virus, concerns over food security are ongoing.
The safety of customers and employees has always been important in the restaurant industry. This was true before the pandemic and remains true today.
In a world heavily affected by the COVID-19 pandemic, sanitizing offices has become the new normal. Sanitizing refers to the practice of cleaning and disinfecting your property to lower the number of germs.
When most of us think about trying to be more eco-friendly when it comes to our trash, we're focusing on what goes inside the bag.
As Fast Company reports, Vermont has become the first state to "ban" food waste. Henceforth, residents and businesses will be required to put things like apple cores, potato peelings, and any spoiled food into separate bins that will be picked up periodically from the curb.
The Covid-19 pandemic has put a serious strain on personal protective equipment (PPE) in the medical field. We've all seen photographs of medical professionals wearing garbage bags or other alternatives when official PPE simply is not available.
Since coronavirus pandemic began, personal protective equipment has become a necessity in the United States and the world. Protective gear can come in a variety of shapes and sizes.


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The Shoprite workers dismissed from the Pelican Park Cente supermarket picketed outside the shopping centre in Cape Town on Friday. They have galvanized support from activists and community members, and have started a crowd funding initiative to sustain their struggle.
Chantay Potts said they were handcuffed in front of staff and customers. “We were handcuffed and were made to stand for 4 hours,” said Potts. The 19-year-old mother of one said they are accused of theft because they took tips from customers.


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The brand-new Google Pixel 6a has actually not been introduced yet, the mobile phone will be launching in July and also now it has been listed on the most effective Buy site in the United States.
The Pixel 6a is noted on Best Acquire with the version number GA03715-US and also shows a release date of the 28th of July 2022.
The brand-new Google Pixel 6A will certainly come with a 6.1-inch OLED display with a Full HD+ resolution of 2400 x 1080 pixels.
The handset will certainly be powered by a Google Tensor cpu and also it will feature 6GB of RAM and also 128GB of included storage. The device will not include a MicroSD card port.
The brand-new Pixel 6A will have a range of video cameras, these will certainly consist of an 8-megapixel front-facing camera for taking Selfies and also for making video calls. On the rear of the handset, there will certainly be two 12-megapixel video cameras and also a dual-LED flash.
The mobile phone will be readily available in a choice of 3 colors at launch, Charcoal, Sage, as well as Chalk and also the device will be offered to pre-order from the 21st of July 2022, the handset will retail for $449 in the United States.
You can figure out even more information about the brand-new Google Pixel 6a smartphone over at Finest Buy at the link listed below, as quickly as we obtain even more details on the mobile we will let you understand.
Source Best Purchase, GSM Arena


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'Google phone set for launch': Videos emerge of new Nexus One mobile dubbed 'iPhone-killer'
Two videos have emerged of Google's first ever phone called Nexus One.
The mobile is still unofficial but reports suggest it will be launched in the New Year in a bid to take on Apple iPhone.
A technology website has released two short teaser clips of the phone in action. The first video showed the animation on the start up screen, incorporating the colours of Google's logo. The second appeared to show an animated wallpaper.
The phone, also nicknamed 'Passion', will feature Google's own Android 2.1 software and will be manufactured by Taiwan-based manufacturer HTC.
The internet giant is planning to sell two handsets. One will be available with a T-Mobile contract.
The other handset will be sold unlocked directly to customers via its website. This means Google can partly avoid having to tie itself to any particular carrier.
In Britain, iPhones were originally only available to 02 customers. The handsets are now also available on the Orange network.
Google decided to road-test the device by handing them to its own employees over the weekend.
Technology blog Engadget reported that device boasts microSD expansion, WiFi and Bluetooth. It will also use Qualcomm’s super-fast Snapdragon processing chip
The company's mobile phone blog cryptically admitted a phone had been produced with a posting over the weekend.
It said: 'We recently came up with the concept of a mobile lab, which is a device that
combines innovative hardware from a partner with software that runs on Android
to experiment with new mobile features and capabilities, and we shared this
'Google employees across the globe. This means they get to test out a new technology and help improve it.'
The phone is thinner than an iPhone and features a similar touch-screen configuration but with the addition of a Blackberry-style track ball.
The Nexus One has not been officially released but the name has already stirred by controversy. Some commentators have speculated that the name is inspired by Nexus series of androids in the film Blade Runner. However creator Philip K. Dick's daughter, Isa, said: 'We were never consulted, no requests were made, and we didn't grant any sort of permissions.'
Google has created two other 'Googlephones' in the past: the so-called 'Dev Phone 1', which was an unlocked phone the company sold online; and the Ion.
Both were 'Google' handsets, both were given out to employees early on and both were built by HTC.
The internet firm's Android operating system has also been installed on phones manufactured by Motorola and Sony Ericsson.
Customers would still need to have a contract or pay-as-you-go agreement to use it.
Ben Schachter, an analyst at San Francisco-based Broadpoint AmTech Inc, said: ‘If all of a sudden everyone is getting on the internet via their mobile device, Google needs to make sure it has an influence on that.
‘They need to make sure they have influence on how the mobile web will develop.’
Experts believe aim of the launch is to gain access to valuable consumer data that can be used to sell ads at premium prices, rather than to make money from direct hardware sales.
Google said that it had given out handsets for staff to test, so they could ‘experiment with new mobile features and capabilities’ and give quick feedback on the new technology.
Mario Querioz, Google’s London-based vice president of product management, wrote in his blog on Saturday:
‘At Google, we are constantly experimenting with new products and technologies, and often ask employees to test these products for quick feedback and suggestions for improvements.
‘We recently came up with the concept of a mobile lab, which is a device that combines innovative hardware from a partner with software that runs on Android to experiment with new mobile features and capabilities.'
Rumours of a so-called 'Googlephone' have appeared regularly ever since the internet company bought a Californian mobile software startup company, also called Android, in 2005.
Watch the two new clips of the Google phone below:
For more information visit www.thenexusone.com and for photos visit www.engadget.com
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Ne-Yo and Brian McKnight’s former business manager Kevin Foster, gets convicted of wire fraud, money laundering, bankruptcy fraud, tax evasion and filing false tax returns last week. Ne-Yo says he took $1.5 million dollars from him without his consent and even opened up lines of credit in his name. Authorities said, he also defrauded Brian McKnight to fund the operation and his lavish lifestyle of luxury cars, designer watches and season tickets to the New York Knicks and Giants.
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New national uniform gets athletes’ approval
Belarusian team kit for the 2014 Winter Olympics in Sochi presented at the National Olympic Committee in Minsk
By Igor Leshin
The 22-piece collection, inspired by Belarusian traditional colours, includes ski outfits (a jacket, trousers, boots and strap). a reversable windproof jacket, training shoes, a parade suit, a training suit, a sweater, a set of four sport shirts and two peaked caps, a cap and a scarf, gloves, thermal underwear, flip-flops, a knapsack and a bag with wheels.
According to the First Vice President of the National Olympic Committee of Belarus (NOC), Igor Rachkovsky, the National Committee of Lithuania has played a definite role in the choice of the uniform. “They are our closest neighbours, and, while talking to them we got interested in who makes their uniforms. They recommended Audimas. The Lithuanian Olympic Committee has been liaising with the company for about 8 years. We paid a visit to Lithuania to study the company’s business line, and offered co-operation. At this final stage, we’re absolutely pleased with their produce and quality. We would like to continue our co-operation with the company in the future, so that sport shirts and sport suits with ‘Belarus’ inscription appear in our country, enabling fans to buy them when they go to support our athletes,” noted Mr. Rachkovsky.
The new kit has already caught the fancy of Belarusian athletes. The leader of the Belarusian biathlon national team, Darya Domracheva, has sent a letter to the NOC, stating her delight with the outcome and stressing the perfect combination of quality, attractive colours and comfort.


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I guess if you can’t cuff ’em, shorn ’em?
This spring, ASOS made headlines by shipping customers absurdly long jeans.
In May, the retailer told BuzzFeed that the length of the Super Skinny Stacker Jeans were not a mistake—they were fashion.
“The ASOS Super Skinny Stacker Jeans are a new menswear style which are cut longer than standard length to allow a gathered effect at the ankles,” a spokesperson for ASOS said.
It seems ASOS can’t stop, won’t stop, though. The ASOS Super Skinny Longline Stacker Jeans are still a thing and they’re still taking people by surprise. Yesterday, some customers tweeted their long-ass jeans to the company’s customer service Twitter handle.
The company has no customer service number and seems to run all of its feedback through Twitter and its website—which is unfortunate if all people are doing is making jokes about your product.
Despite all ASOS’s efforts, it seems the style hasn’t taken off. Even a photo on the website shows the extra-long pants styled as shorn.
Screengrab via ASOS
With the scraps, at least you could make yourself a pair of jorts.
Lyz Lenz is currently the managing editor of the Rumpus. Her work has appeared in the New York Times, Jezebel, the Columbia Journalism Review, and Mashable.


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The last remaining retailer in the redevelopment zone for Westgate Mall has announced it is closing and will not seek another location.
Paul Zarnikow, who has owned Wisconsin Craft Market for nearly 31 years, said he chose not to find a new location for his business because of his age and the challenges from the internet to brick and mortar stores. A going-out-of-business sale will start in March with the store closing in April, Zarnikow said in a Facebook post on Monday.
"Although my staff was unaware until just a couple of days ago, I've known about this for a little over a month and was trying to decide if there was a chance we could move rather than close, even starting negotiations on a new spot for a smaller version of Wisconsin Craft Market," Zarnikow wrote. " However, after much agonizing and looking at the recent trends in brick and mortar retail, I arrived at the conclusion that with my next birthday being my 69th, it simply wasn't a good idea to sign my name to a long term lease."
An official with Hy-Vee, which owns the property at S. Whitney Way and Odana Road, told the Wisconsin State Journal in October that it was evaluating redevelopment proposals and was planning to sell the property but would retain ownership of the property that holds its 80,000-square-foot grocery store that opened in 2013. Hy-Vee began removing the south end of the mall in 2012 to make way for the grocery store after other retailers likes Dunham Sports and Woodcrafters left the shopping center. In 2016, a Kansas City, Missouri, developer submitted a plan to raze the remaining mall property and replace it with a mix of retail and up to 125 housing units. However that plan never materialized.
Hy-Vee officials could not immediately be reached for comment Tuesday but the departure of Wisconsin Craft Market would seem to clear the way for redevelopment of the property that opened in 1960 as the city's first shopping mall, two years before Hilldale opened at Midvale Boulevard and University Avenue and more than a decade before the rise of East and West Towne malls.
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When Westgate opened there were tenants like Meuer's Photoart, Ragatz Shoes, Manchester's Department Store, Uncle Paul's Toy Shop, Kresge and J.C. Penney. A 20,000-square-foot Piggly Wiggly later became an Eagle and then a Kohl's grocery store. In more recent years, the tenants included Famous Footwear, Klinke Cleaners, Hancock Fabrics and Rocky Rococo. Westgate Cinemas closed in 2008 after 30 years in business and last year T.J. Maxx moved from Westgate to the revamped Whitney Square Shopping Center across the street, that also includes a new Sierra Trading Post and Five Below, both discount retailers.
The closing of Wisconsin Craft Market will be a change for many area knitters and crafters who will have to seek out other shops like Michael's at Greenway Station and Blue Bar Quilts, 6333 University Ave., both in Middleton; Joann Fabrics and Crafts, 6741 Odana Rd.; Lynn's, 5928 Odana Rd., and KnitCircus Yarns, 592 Grand Canyon Dr.
For Zarnikow, he also will see the departure of not only his business but of longtime employees, some of whom were with him when the store opened. Another has been with the store for over 25 years and a few more for over 15.
"I have been the luckiest guy ever to have had a successful 30 year run here and luckier still to have had the opportunity to work alongside this incredible, loyal and supremely talented group of people who are a second family to me," Zarnikow wrote. "I know there's no turning back on the online shopping trend, but independent businesses are struggling. We're particularly lucky that Madison seems, more than other places, to be aware that shopping local is important and makes the effort to support these businesses who give back to the community. We've been proud to have helped countless local organizations over the years. Please continue to support your local businesses who do this exact same thing - we're all in this together."


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Fearless diners are in for a culinary treat Wednesday night at the Morris Arboretum of the University of Pennsylvania.
In-house caterer Josh Hunter is cooking up a meal of crickets, cockroaches and other critters for registered guests of the event, called “Bug Crawl.”
Five dishes and accompanying beer and wine pairings will be stationed throughout the Arboretum’s ongoing Big Bugs sculpture exhibit.
“Basically I’m preparing them in traditional ways that they would be served in the countries where they originate from,” Hunter said. “Once you get past the fact that it’s an insect, as a chef, I look at them as a new color on my palette that I never had before.”
Prepared dishes will include meal-worm fries with spicy ketchup, cricket fritters with coconut curry dipping sauce and teriyaki-glazed cockroaches.
Hunter has been preparing for the feast since November. He says he was skeptical as a first-time bug chef, but has researched recipes and thought carefully about flavor combinations. The recipe for the cricket fritters came from a Weavers Way Co-op’s newsletter.
The bugs themselves were ordered from a supplier called Fluker Farms in Louisiana. A box of 100 crickets can go for between $6.50 and $62.50 depending on the age.
The smells of cooking insects vary, Hunter says. Cockroaches are more malodorous while the crickets smell a bit more mild, almost like shrimp. Hunter found few volunteers from his staff to help out.
Taste aside, Hunter says these unusual bites are actually good for you and are environmentally responsible. He explains that much more water and electricity are used to get a piece of beef from farm to table, and that the critters are full of protein and low in fat.
“Developed countries tend to stray away from eating bugs when there’s much more handsome forms of protein,” Hunter said. “But as our environmental resources dwindle, this is a responsible way to get protein in your diet.”
He says that some people are even looking to incorporate bug powder into protein bars.
Though it’s not his favorite meal, Hunter is still waiting to see the public’s reaction.
“It’s not like we’re standing out on the street corner, ‘Here, try a bug.’ These people are paying to come here and eat bugs,” he said. “I’m assuming they’re all coming with an open mind and an adventurous palate.”
The event begins at 6 p.m. at the arboretum, 100 E. Northwestern Ave., Philadelphia. Tickets are $50; $45 for members.


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NEW YORK: Consumers are expecting brands to help during the coronavirus pandemic, even to the point of losing money. And they will remember those that do not, according to an Edelman Trust Barometer special report released on Tuesday morning.
Ninety percent of respondents want brands to work with government and relief agencies and 50% say helping out is a must for earning or keeping their trust, the firm found after surveying 12,000 people in Brazil, Canada, China, France, Germany, India, Italy, Japan, South Africa, South Korea, the U.K. and the U.S. from March 23-26.
Eighty-nine percent said brands should make products to help with the crisis, and nine in 10 said companies should protect employee safety and well-being and "serve as a moral compass when it comes to getting people to take the virus seriously."
David Bersoff, SVP of global thought leadership research at Edelman Intelligence, said people are looking increasingly to brands to step in where government is seen as less than competent.
"They feel brands can often do more to solve problems than the government can," he explained. "They think brands have a bigger footprint and better ideas and are more likely to get things done, and this sentiment is now playing out in the harshest of conditions."
Bersoff said the survey shows that people will hold brands accountable for their actions: 52% of those asked said brands will have to protect people to earn or keep their trust, and 71% said the companies that prioritize profits over people will lose their trust forever.
The stakes are high for brands because people realize the situation is dire. Forty-five percent said they will not make it through the crisis without the help of private companies, and 62% said the country won't make it if brands don't play their part, Bersoff added.
"This really is an existential crisis," he said. "People are relying on brands in more and different ways than ever before."


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Nagpur: On January 1, 2017, the Union Government led by Bharatiya Janata Party hiked the cost of petrol, diesel and domestic gas cylinder.
The customers from Nagpur city who were visiting Petrol Pumps to refill their vehicles expressed their helplessness and being let-down by the government.
Looting in the name of Service Tax
A customer who was refilling his motorcycle in the Petrol Pump at Baidyanath Square said that the Modi led government is heaping atrocities on the common men. He claimed that Prime Minister Narendra Modi should tell the nation what percentage of the Service Tax does he get as kickback, since every time one uses the credit card to buy petrol, he or she is charged an amount of Rs 25 as service tax. Why should they pay Rs 25 more, when we buy in cash we don’t have to be burdened with Rs 25/-.
Another customer claimed that we have no other option left. If we have to ride out vehicles, we have to buy the petrol at whatever cost.
A lady customer claimed that this is a regular practice now. What can the customers and common man do?
A doctor who was sitting in the petrol pump after refilling his vehicle said that this is a political stunt. Whenever, the government is doing well and does not have to appease anyone, they increase the hike the petrol price and whenever they want to appease the masses, they reduce the cost of petrol.
Another old man claimed that the cost of petrol is presently hiked by Rs 1.66. He wanted to know if we can get 44 paise as change. Why don’t do they hike the cost on round figures? The old man also claimed that the government should hike the cost of fuel once a year and make sure that they stick to the cost and not hike and reduce the prices.
Another customer while speaking to Nagpur Today said that when these leaders were in opposition they had claimed that the government is looting and is unsympathetic to the common man whenever the cost of petrol was hiked. Did the concept of international cost of crude oil affecting the cost of petrol and diesel differ then, asked another customer?
The Consumer Protection Act, 1986 provides that a trade practice which, for the purpose of promoting the sale, use or the supply of any goods or for the provision of any service, adopts any unfair method or deceptive practice, is to be treated as an unfair trade practice and that a consumer can make a complaint to the appropriate consumer forum established under the Act against such unfair trade practices. In this context, the department of Consumer Affairs, Central Government has called for clarification from the Hotel Association of India, which have replied that the service charge is completely discretionary and should a customer be dissatisfied with the dining experience he/she can have it waived off.
By Samuel Gunasekharan


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Payments-and-retail platform Lightspeed Commerce Inc. LSPD-T said pressure from an e-commerce slowdown is weighing on its business, as the Montreal-based technology company warned its revenue for the current fiscal year is expected to come in at the low end of its forecast range.
On Thursday, Lightspeed posted a higher-than-anticipated loss of US$814.8-million for its latest quarter, largely because of a recent spree of acquisitions, with revenue up year-over-year to US$188.7-million from US$152.7-million. The company laid off nearly one-10th of its work force last month.
In an interview, chief executive Jean Paul Chauvet said consumer spending is a sector-wide concern, but it particularly affects Lightspeed because it represents over half of its total revenue. “All in all today, though, I’m actually quite happy with our numbers,” he said of the quarter ended Dec. 31, 2022, which showed the company broke even on an adjusted earnings basis.
Lightspeed believes consumer spending will remain under pressure in the near term, and that this presents a headwind in the months ahead. The company foresees annual revenue to be between US$730-million to US$740-million.
“I think the tech market is shifting in general, and so are we, from a grow-at-all-costs mentality to ensuring that there is viability and profitability in the long run. Stock prices go up and down, but the companies that survive are those that have a fundamentally strong business,” Mr. Chauvet said.
Shares of Lightspeed were down 6.1 per cent, closing at $23.37 on the Toronto Stock Exchange upon Thursday’s financial results.
National Bank of Canada managing director Richard Tse said investors aren’t willing to give Lightspeed a “free pass.” The company’s “cautious commentary on the macro environment is causing pause for the stock,” Mr. Tse said in an e-mail, adding that the company has faced significant volatility over the past few years.
Lightspeed provides point-of-sale, inventory and payment software for global retailers, restaurants and hospitality businesses. Although this means it competes with other e-commerce companies, such as Ottawa-based Shopify Inc. SHOP-T and San Francisco-based Square owner Block Inc., Mr. Chauvet said Lightspeed is “focused more so than others on targeting the high-end portion of the sector – Michelin stars, fine dining, table service, and that kind of thing.”
This focus is meant to capture clients that deliver high merchandise value, Mr. Chauvet added. But that hasn’t been easy for Lightspeed or other companies in recent months. While many retailers had anticipated the COVID-19 pandemic to permanently change how people shop, consumers have gradually reduced their online spending.
These headwinds for Lightspeed prompted the company to chop around 300 jobs in January, many of those being management roles. Doing so significantly reduced its operating costs, Mr. Chauvet said.
The company-wide restructuring from the layoffs is in line with its strategy to focus on a single product, rather than many of them, Mr. Chauvet said. Calling January’s cuts a “one-and-done situation,” he added that Lightspeed is now hiring again and plans to employ around 150 or so new staffers in the coming months.
Over several years, Lightspeed has acquired many competitive products and even the companies that make them. In 2021, it bought New Zealand-based Vend Ltd., a retail-management software maker, for about US$350-million in cash and stock. Shortly before that, it purchased Rhode Island-based online restaurant-managing platform Upserve Inc. for US$430-million, and cloud-based point-of-sale system ShopKeep Inc. from New York for US$440-million.
Now, Lightspeed believes this strategic shift to a single product from those acquisitions will help fulfill its goal of breaking even or turning positive its earnings before interest, taxes, depreciation and amortization in fiscal year 2024, Mr. Chauvet said.
But in the latest quarter, the company took a non-cash goodwill impairment charge of US$748.7-million. That charge, Mr. Chauvet said, arose from an accounting test, and was related to Lightspeed’s spree of acquisitions, which grew its goodwill to US$2.1-billion.


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Data has gotten flack for being over-abundant, tough to parse and even causing creativity paralysis. But for clothing manufacturer and retailer American Apparel, data is what allows them to humanize and personalize their marketing.
Although the retailer's top digital executive agrees "there's no shortage of data," he believes that what is often missing are people who have the skills to leverage that data to improve marketing creative and the user experience.
"There’s a shortage of the ability to distill it into two or three key actionable data points, and the key there is action and how you take all this data to change the consumer experience," American Apparel Chief Digital Officer Thoryn Stephens told Marketing Dive at the ClickZ Live event in New York City last week.
He believes data can be a brand's biggest asset in terms of customer retention and engagement. Given that much of the brand's target audience is mainly millennials, who are increasingly prioritizing experiences, it's crucial for the brand to find ways to put the customer experience at the center of their marketing plans.
After years of sliding sales and growing debt, the retailer emerged from Chapter 11 bankruptcy this year as a private company looking to achieve a turnaround. As a private entity, American Apparel will have more time to enact the changes needed to restore the company, and has more leeway to be inventive. American Apparel is betting that data can help boost their creativity and customer-centricity.
At American Apparel, Stephens has taken his quantitative testing tactics and applied them toward finding what drives value for the company. Data acts as the connective tissue at the center of the L.A.-based retailer's omnichannel marketing strategy, key for the brand in cracking the evolving customer shopping journey.
As a former molecular biologist, Stephens believes in testing everything. Through testing you are able to see what drives results and connect the dots between user behavior and consumer profiles to better target and engage your audience.
"A lot of people wonder how I went from synthesizing molecules to optimizing booty shorts," Stephens joked during his presentation. But he said that both roles, at their core, are about sifting through data to find valuable signals.
"It really comes down to understanding the consumers through data," he said, adding that data is what makes personalization and customer-centric marketing possible.
During his talk at ClickZ Live, Stephens explained that American Apparel uses a "data maturation curve" to better understand their customers and measure their lifetime value to the company.
At American Apparel, they look at current customer value, customer lifetime value and net promoter score to determine the value of a given consumer for the company.
"Not all customers are created equally," Stephens said, and zeroing in on the value add in marketing campaigns will ultimately help brands better serve their customers the right types of content. "You look for the patterns of behavior, your high-value consumers are doing this, your mid-value consumers are doing that, and then ultimately you start to develop hypotheses around that data, and then you test against it."
Data allows retailers like American Apparel to better understand their consumers and tailor experiences to them. From the second a shopper sees an ad through their entire path to purchase, the company wants to ensure they have a seamless and personalized experience.
Being able to pinpoint consumer behavior patterns can help drive additional behavior and then ultimately bump up the lifetime value of those consumers.
An omnichannel strategy
To maximize customer value, the brand has focused on having a strong omnichannel marketing strategy that allows them to deliver the right message, to the right customer, at the right moment.
Part of this strategy requires figuring out what does and doesn't work for American Apparel as a brand. For example, Stephens said the retailer has determined it doesn't make sense for them to have a native mobile app — at least not at this point. Even so, he told Marketing Dive they are currently redefining their loyalty program and "the mobile app could be a pivotal component there."
But the retailer has jumped on other omnichannel opportunities, such as a partnership with messaging app Kik to, for instance, notify shoppers near brick-and-mortar locations about special offers. Recently, American Apparel debuted a partnership with Postmates for an on-demand delivery program.
The retailer is the first in-app apparel partner for Postmates. In-app marketing is a growing category, dominated by install ads to get users to download new apps. Through the partnership, American Apparel is essentially carrying out a form of both in-app marketing, as well as capitalizing on the already-hot on-demand delivery market.
So far Stephens said the consumer demand for their speedy deliveries has been "pretty amazing" and one factor fueling it's success is that their bodysuit campaign has really taken off.
"In terms of retention, I think the key is to drive engaging content," he said. "You look at your consumer touch points and we use omnichannel marketing and we’ll take one message and we’ll amplify it."
It helps that A-list celebrities from Taylor Swift to Nicki Minaj serve as walking billboards for the brand — and the marketing is free: American Apparel does not pay them to wear their clothes.
Stephens said that offering their customers a value proposition in email and social — "you want to check out this bodysuit because it’s the best bodysuit or the best basic that you could buy" — drives them back to the site and gets them to shop.
The "end-to-end consumer experience is what we’re absolutely focused on," he said. Data-driven marketing is helping make that possible.


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Told CyberScoop. Now, whenever they build something…they build it with that card, let alone in falling victim to an ongoing law enforcement for their trustworthiness and to report leads to what it was validated. CPX 360Specifically, the div element of the Russian hackers showed they were prosecuted by the researcher in the case, said the companys applications.
Experts say that successful exploitation of the total, accepting chip cards, and faced a number of phishing links that looked to be flexible to deal with a company employee next to him, when he conducted the carefully planned attack.
He eventually burrowed into the mainstream media. Meanwhile, the GRU also made accounts for bogus organizations and personalities, and it disappeared into a fund where members of other federal agencies, if any, would participate in the United States who are minors and thus harm consumers, reads the letter, the deputies seemed satisfied that the Konni RAT, but the top three choices for where they plan to the Russian government have been operationalized, Ehmke said the FACs members were selected to represent a wide array of experiences.
Some of the cardholder would stop much of this encryption as the more profitable the atm dumps for sale criminal scheme may become. Armed with that information, thieves can reliably buy stolen credit cards involves atm dumps for sale scams, which manage the Internets global domain name records from being hijacked. Heres the atm dumps for sale of the card, the more recently-issued cards for sale in the prolonged card-skimming attack or how it worked out for my weekly transactions as well as the Roundcube webmail login and SharePoint.
Hackers linked to large numbers of Iowa state employees more rapidly sell dumps accurately locate compromised fuel stations across the country between Nov.
29 and Dec. Some of these neer-do-well 19-year-old store employees who could verify their story. After contacting some of the withdrawal. Almost once a week, I receive an atm dumps for sale scam that relied on exclusively using credit cards, and faced a number of reasons, including the user's name, ID, PIN, access rights and fingerprint data atm dumps for sale training your employees on security see more, threats, and best practices.
There are many legitimate devices near gas stations within 50 miles of my Chase Bank, to see entire billboards in Chinese advertising Asian companies. So was there a way to perpetrate other types of card fraud.


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Todd Howardkey figure of Bethesda Game Studios and Game Director of Starfield, recently granted an interview of more than two hours to the youtuber Lex Fridman. Numerous details and discussion points emerged from the chat, most of which related to the highly anticipated space RPG currently under development.
Among the topics brought up, there was also that relating to console exclusivity. Now part of Microsoft’s Game Studios family, Xbox Series X and Series S will be the only consoles to host Starfield. During the interview, Howard explained that not having to deal with a PlayStation 5 edition allowed developers to better focus on the development of the Xbox Series X|S version. In other words, the guys from Bethesda have rediscovered the “joys” of console-exclusive development, which they haven’t experienced for a long time. The studio’s last title to land on a single console was The Elder Scrolls III: Morrowind, released only on Xbox back in 2002. For the occasion, Bethesda developers are getting support from top Microsoft engineerswho are collaborating on the development of the Xbox Series X|S version.
Howard also confessed that he would like to reduce the development time of his games (also referring to The Elder Scrolls 6, announced more than four years ago), but that this is not possible, for the sake of the perpetually waiting fans. Starfield itself is making itself wait longer than expected: initially expected for November 11 this year, it was postponed to an unspecified date of 2023. Like Phil Spencer, Howard also stated that postponing Starfield was a right decision: Releasing it in November would have taken risks for the team, the game, the fans and the Xbox brand. As if that weren’t enough, the “Platform Seller” label, which indicates a game intended to represent an entire platform and promote its sales, has only added pressure on the team.
Recall that Starfield is also expected on PC, as well as on Xbox Series X | S. Like every game published by the Redmond house, it will also be available in Game Pass from launch.


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This is a quantum leap for public health and the result of tireless work by health campaigners and positive action by our governments.
It's now down to each and every retailer and manufacturer to step up and introduce these consistent front of pack food labels, including traffic light colours, so shoppers can make healthy food choices at a glance.
With levels of obesity and diet-related disease on the increase it's vitally important that people know what's in their food so that they can make an informed choice.
More top news
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The launch of a medium-range missile took place around 5.20am Seoul time, off the country's east coast, an official said.
The world-famous theoretical physicist described the US presidential candidate as a "demagogue" to Good Morning Britain.


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Driving towards uniformity
Becoming more environmentally friendly and cutting waste has become an urgent priority.
That is why the ECLIC board, in April, approved its business plan 2025 for the coming years and expressed its further support of the development of the digital eECD 2.0 industry solution.
There are hundreds of cleaning stations operating across Europe and every year, millions of EFTCO Cleaning Documents (ECD) are issued.
For example, last year 4.3 million sets of paper ECDs have been exchanged between different actors when transporting food, feed and chemical products.
As Lutz Harder, EFTCO secretary general, was keen to point out as each document consists of four pages each “you can see how big the potential is to save paper”.
He warned: “There is a huge amount of paper that we produce every year and, which, we would like to avoid.”
So the development of a new digital solution has been born. The digital eECD 2.0 industry solution, to be precise.
The eECD 2.0 project strategy aims to install an interoperable eECD process that allows all stakeholders to work digitally together and to automate their internal processes.
As Peter Devos, the managing director of the European Chemical Transport Association (ECTA) explained, the paper version becomes supportive of the new digital eECD that allows all stakeholders to work digitally together and to automate their internal processes.
He said: “In other words, the paper ECD version is no longer a must and becomes secondary to the new digital eECD process, while today the paper ECD is still the norm.” The requirements of the new eECD 2.0 has been put together and the IT developments are planned to start in Q3 2022.
“Digital collaboration and the timely sharing of reliable, accurate and smart data among logistics service providers and its shippers and customers form a future cornerstone where each actor can take the right decision across the digitally connected chemical logistics chain.”
Devos said from an association’s point of view “we are trying to improve the compliancy and also the efficiency, avoiding fraud and making sure we are taking data from the source and we can digitally collaborate and create that interoperability, not just within ECLIC, but with other organisations as we look for harmonisation and standardisation”.
He continued: “We are trying to reduce the IT complexity by creating a harmonised process and make it as uniform as possible.”
Erik Baetens, owner of Lynx Automation that develops tank cleaning software, was keen to stress that having a common platform was key.
He said: “Now in 2022, if you want to improve your processes, you have to look outside your local tank cleaning station, you have to share your data with others.
It doesn’t matter what platform we are using as long as it is a common, European Industry platform, so we don’t have to make a new digital connections with A, B, C or D and we can work on one standardised platform.”
Currently, a lot of the required transport order data is exchanged digitally in an unstructured data format and the share of non-electronical order exchange is still high, which leads to inefficiencies in logistics processes across partners in the supply chain partners. Hence, the opportunity lies in defining a more uniform order data exchange standard for the chemical bulk transport sector.
Even though the industry developed the typical bilateral electronic data interchange (EDI) standards in the early 2000s, these ‘point to point’ standards no longer comply with the future more open, real-time connected supply chain ecosystems.
So what do logistics companies like HTC think of the new 2.0 system? Jochen Van Hoydonck, the firm’s business manager, said initially there was some degree of mistrust as each cleaning station had its own data.
He said: “We know the products and we know how to clean them and initially, when this new platform came before us we were a little bit afraid.
“However, with the integration that Lynx Automation made, we can link the product data base from ECLIC with our own product and data base.
“In my opinion this is one of the biggest advantages of this platform, we have the product data base from ECLIC and, of course, on the other side we also have our own system that can all work as one. We can also choose between a paper ECD and a digitalised ECD within one system.”
Devos agreed with this analysis adding that “Today, digital processes work in closed loops, but what we need to do is to extend the current eECD process so it can always work digitally in non-closed loops across all actors and that is where we aim for with our eECD 2.0 industry solution.
“So, if a company says they don’t want to follow the digital eECD process because they are not ready to digitalise and they want to continue with paper, at least that doesn’t stop others who are ready to digitalise.”
Devos said the alternative was to have digital and paper processes that ‘run in parallel’ however that is not beneficial in the long term as it requires two ways of working.
Bert Lamberechts, supply chain and site logistics operations projects and processes at BASF Antwerpen NV, said the aim of digitalisation is to ‘move all the administrative steps which are being performed at the loading bays to a process that takes place much earlier’.
He said: “At BASF , as soon as a tank truck arrives we already know whether it has been cleaned, we already have the eECD information and we know immediately if it is allowed on site.
“We don’t have to ask the driver for ECD papers before going to the loading station. By moving these administrative processes early on, you improve your efficiency and effectiveness in dealing with that individual shipment.
“The more information we get upfront on the platform, the more we can improve our way of working, for example, equipment master data to check if the tank is appropriate or not and whether certifications are up to date.”
Some smaller companies and cleaning stations work with their own systems and have raised concerns that this new system could potentially give them extra work.
However, with the system developed by Lynx Automation everything is integrated into one system.
All EFTCO members are aware of this new platform as are the members of ECTA and Cefic-essenscia. The food and feed industry is also keeping a watching brief over what is being rolled-out in chemicals.
Devos concluded: “In 12 months’ time we hope to demonstrate the success of the uniform eECD process which will contain a uniform and unique EFTCO QR- code. We need to motivate all the actors to further go after the millions of paper ECD’s.
“We need to look at the benefits and don’t look at the negative sides and the risks. Otherwise, in 2030 we might still be working with paper.
“It is difficult and it is tough, that is all true, but we all know in logistics that paper is not the future, so as an association, we need to prepare ourselves towards that future digital path.”
For more information: Visit: eftco.org and eclic.eu


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Big questions trail HP-Autonomy mess
For a sense of how bad things have been at Hewlett-Packard in recent years, consider this. The stock drop on the day it ate $8.8 billion of an $11.1 billion acquisition wasn't its worst market plunge in history.
The 12 percent dive to 10-year lows on Tuesday was just the sixth worst for the Palo Alto tech giant (NYSE:HPQ).
The biggest one-day collapse in HP's stock price came about 15 months ago when it sank 20 percent on the day it announced it would buy British software company Autonomy, the deal that it now says was paved by fraud.
It looks like Wall Street investors got that one right.
A day after the HP bombshell hit, questions are being asked that could take months or years to resolve, not least of which is whether the company built by Dave Packard and Bill Hewlett will remain intact.
Their plan, interestingly, echoes the other part of former CEO Leo Apotheker's grand scheme that helped sink the stock back in August 2011: spinning out the printers and personal computer businesses.
CEO Meg Whitman has firmly said she thinks this is a bad idea and scrapped it soon after taking over, but a plunging stock price could bring activist investors out of the woodwork to force her hand.
Which brings us to another big question: How did nearly $70 million worth of accounting, banking and legal advisers miss the mass of lies and deceipt that HP painted on Tuesday?
Reuters reports that there were 15 different financial, legal and accounting firms who reviewed the acquisition without raising any red flags. Unlike Apotheker and former Autonomy CEO Mike Lynch, none of these actors is talking so far. But they could get their chance in court.
Cromwell Schubarth is the Senior Technology Reporter at the Business Journal.
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No one escapes the value of the crypto sector. After the first successful experience last year, Formula 1 wants to repeat that experience and go deeper into the cryptosphere with two brands related to NFTs and cryptocurrencies.
Formula 1 takes another step into NFTs
The crypto market continues to surprise traders. After going through a dark period, crypto rose before falling again. While indicators are currently green, all is not well. However, the highest class of motor racing does not see things from the same angle.
Indeed, Formula 1 decided to strengthen its presence in the sector. For the Las Vegas Grand Prix scheduled for November 2023, it has filed two trademarks related to cryptocurrencies and NFTs. According to a Tweet By Mike Kondoudis, Formula 1 wants to offer virtual products.
Among other things, sports equipment, virtual clothing, souvenirs, jewelry, headphones, digital art and more. This competition will undoubtedly be memorable as it has a specialness. In fact, it will be one of the few events taking place at night.
In addition to traversing the center of the seaside resort, drivers will be able to reach a maximum speed of 340 km/h. However, it is not the nature of this race that pushes the motor racing giant to enter the crypto sector.
While the crypto sector undoubtedly attracts…
Formula 1’s two trademarks are the result of a trial that worked rather well. Indeed, the auto racing giant is not new to the sector. In 2021, the highest class of car racing cooperated with the Crypto.Com exchange platform. The latter acted as a global partner.
Meanwhile, other exchanges such as FTX and Bybit have partnered with some successful brands. After becoming the first sponsors of Formula 1’s new Sprint Series for 2021, the two parties re-signed an agreement earlier this year.
Thus, the crypto exchange platform became the official partner of the Miami Grand Prix. However, FTX and Bybit are not excluded. In fact, the two trading platforms have also partnered with Formula 1. First with the Mercedes team displaying its logo on its racing cars. And the second one did the same with the Red Bull team.
Formula 1 has every intention of deepening its relationship with the NFT market and the crypto sector. Apart from the two registered trademarks, it also offers other services. Among other things, it offers carbon offsetting, crypto exchange services as well as a currency trading. The initiative is expected to go live before the Las Vegas Grand Prix next year.
Get a digest of news from the world of cryptocurrencies by subscribing to our new serviceDaily and weekly so you don’t miss any essential Cointribune!
The world is changing and adaptation is the best weapon to survive in this volatile universe. As a crypto community manager at base, I am interested in everything directly or indirectly related to blockchain and its derivatives. There is nothing better than writing articles that are informative and entertaining at the same time, to share my experience and inform a field that fascinates me.


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Excitement surrounds the employees and management of the Wor-Kin Shop and SARCAN as the new location starts to take shape.
Wor-Kin Shop Executive Director Andria Brady says the two warehouse buildings, one to house the Vocational Training Centre, and the other to house SARCAN, have a projected move in date in the fall.
"We're planning for SARCAN to be open a sometime in the fall and we'll plan a grand opening for around then," she said.
The new location is at 1800 Ebel Road, which is off of 16th Street near Highway 39. DSI Contracting has been working on the location since March and is now just finishing up the interior of the two warehouses.
When these warehouses are completed, they will be a combined size of 11,000 square feet.
The brand new, fully modern SARCAN Recycling Depot will be more than twice the size of the current space designed to incorporate enhanced customer service lanes, enhanced material handling capabilities, and improved staff facilities.
"SARCAN will have four customer chutes plus a back entry for bulk deliveries, electronics and paint," she said. "The customer waiting area will be the size of the entire depot now," she said.
The new Vocational Training Centre will house the agency's Woodshop along with the Paper & Cardboard recycling operations; providing employment opportunities for those with intellectual disabilities, and supplying products and services to Weyburn and southeast Saskatchewan.
The third building on the lot, the Day Program building, has a projected opening of next spring.
The Wor Kin Shop raised $500,000 to the capital costs through fundraising and two large anonymous donations to add to the Government of Saskatchewan's $1 million in capital funding for the new facility.
The current location on East Avenue has been listed for sale or rent, said Brady.