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- Leaders of FAO, IMF, WB, WFP and WTO cry for urgent action to address food security crisis saying the lives and livelihoods of 345 million people worldwide are at risk
- Around 25 countries have restricted exports in reaction to crisis, affecting over 8% of global food trade
- The leaders said what’s needed are immediate support to vulnerable, facilitation of trade and global food supply, boosting production and investing in climate-resilient agriculture
Heads of the Food and Agriculture Organization, International Monetary Fund, World Bank Group, World Food Programme and the World Trade Organization have called for urgent action to address the global food security crisis, saying the lives and livelihoods of 345 million people worldwide are at risk.
The leaders said in a joint statement issued at the end of their meeting in Geneva on July15 that the COVID-19 pandemic, international supply chain interruptions, and Russia’s war on Ukraine have severely disrupted the interlinked food, fuel, and fertilizer markets.
FAO Director General Qu Dongyu, IMF Managing Director Kristalina Georgieva, WB Group President David Malpass, WFP Executive Director David Beasley and WTO Director General Ngozi Okonjo-Iweala said urgent action is needed to address the global food security crisis.
“By June 2022, the number of acute food insecure people – whose access to food in the short term has been restricted to the point that their lives and livelihoods are at risk – increased to 345 million in 82 countries, according to WFP.
“Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting over 8% of global food trade.”
The leaders said complicating the food supply response is the doubling of fertilizer prices over the last 12 months, reflecting record-high costs of inputs such as natural gas. Global stocks, which steadily increased over the last decade, need to be released to bring prices down.
“All this is happening at a time when fiscal space for government action is already severely constrained following the COVID-19 pandemic. Beyond the short term, climate change is structurally affecting agriculture productivity in many countries,” they said.
The leaders said avoiding further setbacks to achieving the Sustainable Development Goals requires the following short and long-term actions in four key areas:
- Providing immediate support to vulnerable: Rapidly strengthening safety nets for vulnerable households at the national level and ensuring that WFP has sufficient resources to serve the neediest is a priority. WFP operations should be facilitated through actions, such as the recent WTO agreement not to impose export restrictions on its purchases of food for humanitarian purposes.
- Facilitating trade and international supply of food: In the short term, releasing stocks, consistent with WTO rules, and finding a diplomatic solution to evacuate the grains and fertilizers blocked in Ukraine, will help address availability and affordability of food supplies. Facilitating trade and improving the functioning and resilience of global markets for food and agriculture, including cereals, fertilizers, and other agriculture production inputs are key. Removing export restrictions and adopting inspections and licensing processes that are more flexible help minimize supply disruptions and lower prices.
- Boosting production: Taking action to encourage farmers and fishers to boost sustainable food production – in both developing and developed countries – and improve the supply chains to the world’s 8 billion consumers is needed. This requires affordable fertilizers, seeds, and other inputs through the private sector as primary actorS. Providing working capital for competitive producers is also a key priority.
- Investing in climate-resilient agriculture: Supporting resilient investments in agricultural capacity and providing support to adaptation, smallholder farms, food systems and climate-smart technologies are essential to develop a resilient climate-smart agriculture that will ensure steady production in the years to come. Work on norms and standard-setting for food safety and on value chain infrastructure (storage facilities, cooling facilities, banking infrastructure and insurance infrastructure) is also important to increase access and reduce inequality.
The leaders said experience shows that it is important to support developing countries hurt by price increases and shortages to meet their urgent needs without derailing longer-term development goals.
Assuring that the most vulnerable countries facing significant balance of payments problems can cover the cost of the increase in their food import bill to minimize any risk of social unrest is essential, they said.
“We call for countries to strengthen safety nets, facilitate trade, boost production, and invest in resilient agriculture. Country specific needs should be identified and defined through a country-based process that mobilizes investments from multilateral development banks to connect short-, medium- and long-term opportunities, the leader said.
They committed to working together to support this process through the Global Alliance for Food Security, jointly convened by the G7 Presidency and the WBG, to monitor the drivers and the impact of higher prices and help ensure that investment, financing, data, and best-practice knowledge are available to countries in need.


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Viega held a media event in late August in Chicago to announce the appointments of incoming President and CEO Dave Garlow and Chief Operating Officer Robert Boots.
The duo was introduced to international media members at Skybox on Sheffield, a venue across the street from Wrigley Field that offers rooftop seating for Chicago Cubs baseball games.
Garlow, Viega’s vice president of sales, will start his new position in October. He takes over for Dan Schmierer, who is retiring in December. Schmierer has led Viega since its founding in North America in 1999. Garlow joined the Viega team on the same day as Schmierer.
“Dan has been a great leader, a fantastic boss and a great mentor to me,” Garlow told the gathering. “Having a mentor like Dan is invaluable. When you think about leaving a legacy, you think of Dan Schmierer. We’ve gone from 20 employees to more than 450. Viega’s business has grown tremendously and I credit that to Dan’s leadership.”
Boots was promoted from vice president of supply chain operations and also will take over his new duties in October. Boots has 22 years’ experience in plumbing manufacturing and logistics and has worked in every aspect of a supply chain, from extrusion to logistics. He managed the Vanguard PEX manufacturing plant in South Carolina and moved to McPherson, Kan., when the South Carolina plant closed in 2001. Boots was the McPherson facility’s plant manager until 2009 when he became VP of supply chain operations.
“What makes Viega so special is the sales and supply chain sides work well together,” Boots said. “We are partners in this. We view the supply chain as an extension of the sales department.”
Garlow said new products and technologies will continue to be the company’s calling card.
“The future of Viega is going to be exciting,” he said. “One thing you always can count on is we are deeply rooted in innovation. Rest assured the things we have built our success on won’t change.”
Boots added: “When you think about Viega you think about quality and innovation. I see that only getting better. Our focus is on continuous improvement. We don’t want to sit on our hands and ride the success of what’s been done. We’re not content to stay in the same place. In five years this will look like a different company. We will continue to work on what we do well and take Viega to the next level.”

domain: news


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SweetLeaf created sugar-free, fat-free chocolate milk and offered taste tests to Florida elementary and middle school students in three Florida counties in early May.
The “white chocolate” milk, made from skim milk mixed with chocolate flavored SweetLeaf Liquid Stevia, was a hit with students, according to the company. The taste test consisted of 99% elementary school tasters and 91% of middle-school tasters.
Since SweetLeaf has zero calories and zero sugar, the “white chocolate milk” reduces calories, sugars, fats and sodium, compared to the regular chocolate milk widely served in schools. The company stated that it can be a huge help to schools in meeting their mandate to reduce calories while encouraging milk consumption, and to reduce total levels of sodium, sugars and fats in meal programs.
“The milk gives kids the chocolate taste they prefer, without the added calories, sugars, fats and sodium that used to be required to achieve that taste,” said Michael P. May, Ph.D., vice president of Business Development for Wisdom Natural Brands.
“We know kids like it, and that they prefer it to skim,” May said. “This suggests that schools will be able to raise milk consumption and sales, while still achieving new nutrition requirements. With vanilla and strawberry versions on the way, kids – and schools – will soon have a real choice.”
The naturally sweetened milk also drew strong interest at the 2013 School Nutrition Show, held in Kansas City. May’s company is working with dairies and school districts around the country to make the solution widely available.
Made from organic, non-GMO stevia extract and natural flavors, SweetLeaf is completely free of the artificial sweeteners that have raised alarm among parents and nutrition experts.
Gilbert, Ariz.-based Wisdom Natural Brands is the parent company of the SweetLeaf Stevia brand.


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Niagara Tourism Launches $1 Million Marketing Campaign
By Mark Scott
Buffalo, NY – A $1 million national marketing campaign was launched Wednesday promoting attractions in Niagara County.
It's called "Niagara USA, A Great American Getaway." The marketing campaign will target people living in seven markets, ranging from Cleveland and Pittsburgh to Syracuse and Erie. David Rosenwasser, president of the Niagara Tourism and Convention Corporation, said the campaign highlights attractions not just in Niagara Falls but across Niagara County.
"Obviously, the Falls are the major attraction," Rosenwasser said. "That's the brand people know. But we also talk about the Maid of the Mist, Old Fort Niagara, the Carousel Museum in North Tonawanda, the jet boat ride in Lewiston and much more."
And, says Rosenwasser, the campaign promotes the new Seneca Niagara Casino.
"The casino has provided the biggest boost that this community has gotten in many years," Rosenwasser said. "It brings a critical mass here. We're delighted to have it. Now we want to convert as many of those casino patrons as we can to return visitors to our restaurants, hotels and attractions."
The campaign will run throughout the summer and into the fall. Rosenwasser said it's the most money any group has ever spent to promote Niagara County in other areas.


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US shares rose on Friday, shaking off some losses earlier this week after considerations about sustained inflation and the resilience of the US financial system have aroused additional volatility in current periods.
The S & P 500 rose greater than 1.5% in the course of the day on Friday, whereas the Nasdaq rose practically 3%. Dow has added over 350 factors. After the surge of Federal Reserve Chairman Jerome Powell Reconfirmed in an interview with public radio on Thursday’s Marketplace Two extra Fed will increase have been deliberate for the subsequent two Fed conferences, and authorities weren’t “actively contemplating” a extra aggressive improve of 75 foundation factors.His remark Other Fed officials repeated what they said this week.
Just a day in the past, the S & P 500 closed close to the bear market. This is often outlined as a buying and selling quantity of at the least 20% from the current highs. The index fell by simply over 18% from its January 3 excessive to Thursday’s closing, and paced in the direction of a weekly decline of 4.7% if ranges have been maintained till the tip of Friday’s session.
The Dow Jones Industrial Average and the Nasdaq Composite additionally misplaced 3.6% and 6.4% weekly, based mostly on Thursday’s closing value. This week, Treasury yields surged after which subsided, with benchmark 10-year Treasury yields hovering round 2.9% on Friday morning. Bitcoin price After setting the bottom degree since December 2020, it has recovered to over $ 30,000. Luna It was much more responsive all through the broader crypto market.
Market volatility this week was according to two main inflation stories that have been hotter than anticipated. Thursday’s producer price index Last month’s wholesale costs rose 11% year-on-year, a slight aid from March’s document excessive of 11.5%.And that Consumer Price Index released earlier this week Prices paid by shoppers final month are nonetheless rising, displaying an annual rise of 8.3%.
“Inflation is actually a scorching matter, however it’s an actual downside for the broader market as the Fed raises its outlook for numbers. [interest rate] I want a hike. “ I told Yahoo Finance Live on Thursday. “As for the results of inflation, at this level we actually need to see if the Fed’s price hike can unwind a part of its stability sheet and eliminate a few of that inflation bubble. It’s very a lot. Because it is excessive, it is beginning to influence firms — by way of pricing energy and the power to push shoppers, whether or not it is in gasoline pumps or as a results of elevated meals. “
For different strategists, the Fed’s response to inflation and the way nicely the financial system shall be maintained as the Fed tightens its monetary place to cope with inflation shall be key components in the way forward for the market. I agreed.
“We are in a excessive inflation atmosphere proper now. The labor market could be very tight. The Fed desires to decrease inflation. They need to cool the labor market to some extent. That is, they The bias is to tighten funds. Try to set the circumstances and decelerate development. ” I said on Thursday. “In such an atmosphere, it is not nice for any type of monetary asset.”
“”[Once] We take some actual breaks in inflation and other people shall be rather more comfy than it’s mitigating and mitigating [to] A sustainable degree the place the Federal Reserve is extra comfy and would not have to hike extra aggressively … I believe that is an vital catalyst, “Draho stated. The Fed has the potential to attain its goal in two years, clearly displaying that inflation is unquestionably under its peak. “
“So in the intervening time, I believe it is undoubtedly a risky market,” he added.
11:00 am ET: Amazon faces the longest shedding streak in 14 years of expertise offered out
Amazon has headed for the longest consecutive loss since 2008 as e-commerce big shares headed for the seventh straight week of losses. Based on Thursday’s closing costs, shares have been on observe with a weekly lack of 6.8%, though they have been prepared to mitigate a few of these losses within the Friday rebound.
Similarly, Apple has misplaced its place as the world’s most beneficial firm, with Saudi Aramco’s market capitalization surpassing the iPhone maker’s market capitalization this week. Apple’s share value has fallen 19.7% year-to-date, in contrast to the S & P 500’s 17.5% drop till Thursday’s closing value.
10:15 am ET: Consumer sentiment drops to its lowest degree since 2011: University of Michigan
According to the University of Michigan, client sentiment fell to low ranges for greater than a decade in early May as considerations about inflation continued.
The A consumer survey carefully watched by the University of Michigan In May’s breaking information, the index fell to 59.1, a major drop from 65.2 in April. The newest measurements have been the bottom since 2011.
Emotional decline is “based mostly on present financial circumstances and client expectations, throughout earnings, age, schooling, geography, and political events, with a common downward development in sentiment over the previous 12 months.” Said director Joanne Hsu. Said in a press assertion of the buyer survey. “Consumer scores for present monetary circumstances in contrast to a 12 months in the past are the bottom since 2013, with 36% of shoppers due to unfavourable scores for inflation.”
Consumer inflation expectations continued to rise in May, with one-year inflation expectations unchanged at 5.4%, in accordance to a survey. However, some strategists have steered that the decline in threat property over the previous few weeks has performed a good better position within the decline within the headline index.
“We declare that the decline is primarily the results of falling inventory costs. We know that the University of Michigan is market-sensitive,” stated Neil Dutta, head of economics at Renaissance Macro Research, on Friday morning. “Inflation is actually an issue, however the inflation expectations collection hasn’t modified.”
9:33 am ET: Stock costs rise
9:33 am ET The principal market actions as of now are:
S & P 500 (^ GSPC).: + 43.33 (+ 1.10%) to 3,973.41
Dow(^ DJI).: + 241.55 (+ 0.76%) to 31,971.85
Nasdaq (^ IXIC).: + 189.64 (+ 1.67%) to 11,560.61
crude oil(CL = F).: + $ 3.05 (+ 2.87%) to $ 109.18 barrels
gold (GC = F).:-From $ 24.60 (-1.35%) to $ 1,800.00 / ounce
10 years Ministry of Finance (^ TNX).: 2.9150% at +9.8 bps
7:54 am ET: Tesla shares soar in early buying and selling after Musk says it’ll droop Twitter buying and selling
Tesla shares (TSLA) CEO Elon Musk surged greater than 6% earlier than the opening bell on Friday morning after asserting a $ 44 billion plan to purchase Twitter ()TWTR) Has been briefly suspended, with particulars about how a lot of Twitter’s utilization base consists of bot accounts.
“Twitter transactions are briefly suspended, and particulars are pending to assist the calculation that spam / pretend accounts are literally lower than 5% of customers,” Musk stated. I said in a Twitter post earlier on Friday. He linked to a Reuters article, and Twitter filings confirmed that pretend or spam accounts accounted for lower than 5% of the corporate’s monetizable each day lively customers.
When asserting his deal to purchase Twitter prior to now month, Musk focused bot accounts and steered person authentication as one of many firm’s post-transaction priorities.
Twitter’s share value fell 11% in early buying and selling and remained at round $ 40 per share.
Friday 7:45 am: Equity futures soar after Powell reaffirms a 75 foundation level price hike that isn’t at present being mentioned
Here are the locations the place the market was buying and selling prior to the opening bell on Friday morning:
S & P 500 Futures (ES = F).: +46 factors (+ 1.17%) to 3,973.25
Dow Futures (YM = F).: + 262.00 factors (+ 0.83%) to 31,914.00
NASDAQ futures (NQ = F): From +206.75 factors (+ 1.73%) to 12,154.00
crude oil(CL = F).: + $ 1.79 (+ 1.69%) to $ 107.92 barrels
gold (GC = F).:-$ 7.90 (-0.43%) to $ 1,816.70 / oz
10 years Ministry of Finance (^ TNX).: 2.915% at +9.8 bps
Thursday 6:10 pm ET: Stock costs fall
Here are the locations the place the market was buying and selling on Thursday night:
S & P 500 Futures (ES = F).: -10 factors (-0.25%) to 3,917.25
Dow Futures (YM = F).: -73 factors (-0.23%) to 31,579.00
NASDAQ futures (NQ = F): From -41 factors (-0.34%) to 11,906.25
Emily McCormick is a Yahoo Finance reporter. Follow her on Twitter..


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Panasonic Eluga X1 and Eluga X1 Pro were launched in India on Thursday. Both new smartphones come with a stainless body and have a 2.5D curved glass on the front. Panasonic has also provided an infrared-powered Face Unlock feature as well as a 16-megapixel selfie camera. The Eluga X1 and Eluga X1 Pro both additionally include a Bokeh mode, Face Emoji, and Face Beauty. To deliver a distinguished experience, the Eluga X1 and Eluga X1 Pro come preloaded with an Arbo Hub app that comes as an AI-based app for services such as cab bookings, bill payments, news, cricket, and horoscope among others. There are over 20 apps on board for the Arbo Hub, including Uber, Ola, Newspoint, and MobiKwik. The Eluga X1 Pro, in the new series, also has wireless charging support.
The Panasonic Eluga X1 price in India has been set at Rs. 22,990 for the sole 4GB RAM and 64GB onboard storage variant, while the Panasonic Eluga X1 Pro comes with a price tag of Rs. 26,990 for the sole 6GB RAM and 128GB storage variant. Both smartphones will be available for purchase in the country through all major retail stores starting October 10, as well as via Flipkart. The Eluga X1 comes bundled with a pair of Panasonic headphones, while the Eluga X1 Pro comes bundled with a wireless charger. Both smartphones come in Silver and Dark Grey colour options.
The dual-SIM Panasonic Eluga X1 and Eluga X1 Pro run Android 8.1 Oreo out-of-the-box and feature a 6.18-inch full-HD+ (1080x2246 pixels) notch display along with a Corning Gorilla Glass 3 protection. Under the hood, there is a MediaTek Helio P60 SoC, coupled with Mali-G72 MP3 GPU. While the Eluga X1 has 4GB of RAM, the Eluga X1 Pro has 6GB of RAM. Both smartphones sport a dual rear camera setup that includes a 16-megapixel primary sensor and a 5-megapixel secondary sensor - along with an LED flash. The smartphones also have a 16-megapixel frontal sensor. Further, the rear camera setup is powered by a Scene Recognition Technology and supports features such as the Face Beauty mode, Bokeh effect, Live photos, Back light effect, Timelapse, Professional mode, and Group Selfie mode. Panasonic has also provided a proprietary function called AI Sense that is touted to help users unlock the smartphone using their face in less than half a second. The function is claimed to enable facial recognition in low light as well.
On the storage front, the Panasonic Eluga X1 has 64GB of inbuilt storage that is expandable via microSD card (up to 128GB). The Panasonic Eluga X1 Pro, on the other hand, has 128GB of inbuilt storage that is expandable via microSD card (up to 256GB). The smartphones have 4G VoLTE, Wi-Fi, Bluetooth, GPS/ A-GPS, FM radio, and USB Type-C. There isn't a 3.5mm headphone jack on the new Eluga models, though the company has bundled a USB Type-C to 3.5mm jack adapter. Onboard sensors include an accelerometer, ambient light sensor, compass, fingerprint sensor, gyroscope, hall sensor, magnetometer, and proximity sensor. The smartphones pack a 3000mAh battery and measure 155x75.5x7.85mm.
"Panasonic Eluga X1 and X1 Pro – the flagship devices by Panasonic, have been designed to match the needs of our consumers," said Pankaj Rana, Business Head – Mobility Division, Panasonic India, in a press statement. "Featuring an intelligent CPU, professional camera and a sturdy design; these devices bespeak of hassle-free wireless charging, face unlocking feature amongst other smarter operations that come in handy for a present day user. Our flagship range is an extension of Panasonic’s commitment to offer premium quality smartphones that will help strengthen our portfolio and offer a richer experience to our users."


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Abbett Placer Inn of Breckenridge has been listed as one of the top 10 B&Bs and Inns worldwide, according to the Gogobot website. Gogobot, a community website for travelers to share reviews and tips, annually puts out its Travelers' Favorite Awards, which are voted for online. The 2012 selections were chosen from more than 60,000 places visited by more than 2.5 million Gogobot (Gogobot.com) users.
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Some Xiaomi Mi A2 users face massive battery drain due to bug
Are you facing the battery drain issue on your Mi A2?
Xiaomi Mi A2, the second-generation Android One smartphone launched by the company is the sequel to the Mi A1 of 2017. Belonging to the Android One program, this smartphone has been successful in both Chinese and global markets. The highlight of this device is that this smartphone comes with a stock Android experience resulting in a faster rollout of updates.
But it looks like there is an issue that some users of the Mi A2 have been facing. And, it is the massive battery drain that has been caused by a random bug. But it looks like there is an issue that some users of the Mi A2 have been facing. And, it is the massive battery drain that has been caused by a random bug. As per a report by XDA Developers, the battery drain is a result of all the CPU cores running at maximum speed. However, the exact cause of the issue remains unknown.
It is believed that the battery drain could also be caused by some bug related to the fingerprint sensor. Some users have taken to the community to claim that the battery drain issue persists even after removing all the registered fingerprints.
Temporary fix to Mi A2 battery drain
The affected Xiaomi Mi A2 users have been able to fix the issue of battery drain temporarily. It is possible by rebooting the Mi A2 every couple of hours but the issue still persists.
On the other hand, there are some users claiming that the issue has been caused by a bug within Google Play Services and suggest that the same could be fixed by deleting the app data. But tests show that there are users who are still facing the battery drain issue even after the fix. A test was performed by unlocking the bootloader (needs a factory reset), setting up the device again, performing a wipe and locking the bootloader again. But the bug still persists after a while resulting in battery life issues.
Given that many users of the Xiaomi smartphone are facing the issue and the only temporary fix they have is to reboot the device frequently, we can expect the company to acknowledge the same and come up with a permanent fix via an update.


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10,000 pounds of food going to local programs for the needy
To help keep the shelves of food banks filled, Tyson Foods, Inc. is donating a total of 32,000 pounds of protein - 10,000 pounds of the food will stay in Buena Vista County and will go to the Upper Des Moines Opportunity in Storm Lake and the Lord's Cupboard in Alta. The remaining food will go to the Food Bank of Iowa. There was an annoucement ceremony at Tyson Foods Tuesday, in which Alta and Storm Lake city officials, food bank representatives and Tyson team members took part. Since 2000, Tyson Foods has donated more than 51 million pounds of food to hunger relief organizations.


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Welcome to a new era of stick care: skin care that can be used anywhere, any time.
This is the premise of Korean brand Kahi’s marketing for its famed Multi Balm, a product at the centre of the K-beauty trend for moisturising sticks, and also widely known for its frequent product placements in Korean dramas such as The King: Eternal Monarch and Extraordinary Attorney Woo.
The trend, led by Kahi’s pale pink Wrinkle Bounce Multi Balm – which sells three every second in Korea, according to the brand – has blown up over the past couple of years, taking the stick format and elevating its use within an all-day skin care routine, more in line with ‘skip-care’ than 10-step K-beauty skin care.
The idea is that, rather than using a face cream twice a day, morning and evening, the stick moisturiser can be used throughout the day to boost skin hydration as needed.
K-beauty retailer Skin Cupid tells Cosmetics Business that sales of Kahi’s Multi Balm grew by 500% last year and consistently sold out throughout the year.
“With salmon collagen and Jeju fermented oil, Kahi’s product boosts collagen production in the skin, brightens, and minimises pores, all while creating a quick ‘glass skin’ look,” says Melody Yuan, CEO of Skin Cupid.


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In what the jury said was an extremely tough choice, UrbanCompany was given the Young Turk of the Year award with 1mg bagging Young Turks Startup of the year award. Along with this, Zerodha and Swiggy won awards in the Disruptor of the Year category at India Business Leaders Awards 2021.
UrbanCompany bagged the award in the category of Young Turk of the Year which had PhonePe, Eruditus, Razorpay and Postman as the remaining nominations. On the other hand, 1mg was judged in the winner in the Young Turks Start-up of the Year category that had NinjaCart, Cars24 and VernacularAI as competitors.
Swiggy was judged Disruptor of the Year award that had Zerodha, ZestMoney and PharmEasy as the nominations. Zerodha was given the special jury award in the same category.
The India Business Leadership Awards is a platform to recognise industry disruptors and leaders, across various industries, for those creating history with their exceptional leadership skills, while keeping a keen eye on India’s future.
This year, keeping in mind the mandates of social distancing, IBLA broke away from the confines of walled venues. IBLA was celebrated as a week-long event culminating with the awards presentation.
The India Business Leader Awards have been acknowledged as the gold standard of recognising business excellence in India and these coveted awards have brought together India’s most influential policymakers and business leaders to chart out an agenda for action and change.
The jury this year consisted of former National Development Bank President, KV Kamath, Sanjiv Goenka, Chairman of RPSG Group, Nisaba Godrej, CMD of GCPL, Rajesh Gopinathan, CEO and MD of TCS, Zarin Daruwala, CEO India of Standard Chartered, Dinesh Khara, Chairman of SBI.


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Game developer and visual effects studio Tuatara has announced a physics-based multiplayer game Bare Butt Boxing.
The company has announced that it will launch in Early Access for PC via Steam in the fourth quarter of 2022, followed by a full release in 2023 for PlayStation 5, PlayStation 4, Switch, and PC.
Bare Butt Boxing is our ode to the games we loved as kids and the people we loved playing them with. We hope players will put their asses on the couch, personally or mentally, and remember those nights that were pure, chaotic joy with friends and family.
Tuatara founder Clement Losar said in a press release.
If you don’t like it, cool your fucking CFRP.


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It turns out that Square Enix’s rumoured Deus Ex reveal was, in fact, just that.
Originally teased in a cryptic ‘interactive’ teaser titled CantKillProgress, a new game in the cyberpunk RPG-shooter series was then supposedly leaked on NeoGaf, before being confirmed by Game Informer as its May cover.
Deus Ex: Mankind Divided will directly follow 2011’s Deus Ex: Human Revolution, being set two years later in 2029, and will star that game’s returning protagonist, Adam Jensen.
However, due to Human Revolution’s split ending, which could end in one of four different ways, player actions in the former title will seemingly not carry over to Mankind Divided.
New abilities at Jensen’s disposal in Mankind Divided’s open world include remote hacking, a projectile ‘nano blade’ and a near-indestructible ‘nanoshield’.
Back in 2014, Square Enix announced a new direction for the franchise dubbed the ‘Deus Ex Universe’.
The Universe was outlined as encompassing ‘games and experiences in other media’, in addition to traditional console and PC entries in the series.
Deus Ex: Mankind Divided is yet to receive a launch date, but has been confirmed for release on PS4, Xbox One and PC.


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We all know dog owners really love their dogs, but it seems in some cases they may love their four-legged friends more than they do their partners.
A new survey by Riley’s Organics, an organic dog food, finds that in general, folks are more willing to be affectionate to their dogs than their significant others. In fact, 52% of people say they shower their pooch with more kisses than they do their mate, and we’re not talking just sweet kisses on the head. No, 61% say they actually kiss their dogs on the mouth.
And it’s not just kissing. Apparently 52% of people would pick their dog over their partner when it comes to sharing a bed.
Pet owners are also picking their pooch over their friends, with the study noting that 94% prefer to stay at home with their dog than go out with friends.


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Coffee costs are finally falling, but Starbucks wants a few extra pennies for that latte.
The chain will raise prices on fewer than a third of its drinks, it said.
The price hikes will vary by region and by drink across the nearly 7,000 company-run U.S. cafes that are affected. No changes are expected at airport, grocery and other locations not run by Starbucks.
In Seattle, the price of a 12-ounce brewed coffee will increase by a dime to about $1.75, but prices on larger-sized brewed coffees will not change here, according to a source familiar with the changes.
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Frappuccino and Refresher drinks also will see no change in Seattle, the source said.
In some markets it’s the first price hike customers will have seen in about two years, Starbucks said.
The increase comes despite falling coffee costs that have boosted Starbucks’ profits. In the last quarter, the chain cited lower coffee costs for contributing to a stronger operating margin.
Earlier this month, a Janney Montgomery Scott analyst issued a note to investors saying Starbucks is likely to benefit from lower coffee costs for the next few years.
Based on the price of a coffee contract at the time, analyst Mark Kalinowski estimated Starbucks would pay about half the $1.4 billion it did for coffee in 2012.
But Starbucks notes that coffee represents just one of its many costs, and historically it has accounted for less than 10 percent of overall store expenses. Its other expenses include rent, labor, marketing, equipment and other ingredients such as milk and sugar.
Seattle Times business reporter Melissa Allison contributed to this report.


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Belarus economic update September 2012
Official data for January-August 2012 suggest that Belarus has weathered the worst of the economic crisis that took hold in mid-2011 and resulted in the collapse of the exchange rate and triple-digit inflation late last year. Moderate GDP growth seems likely to be recorded for this year, as output volumes in most sectors are reported to be increasing. A significant improvement in Belarus’s external balance seems to have stabilized the exchange rate, which is bringing down inflation and helping household incomes and spending to recover. On the other hand, investment spending and export growth have dropped sharply. Inflation rates remain uncomfortably high, and foreign exchange reserves uncomfortably low.
GDP and output growth. The most recent official data indicate that the sharp growth slowdown that took hold during the second half of 2011 (when recorded GDP growth dropped to around 1 percent) has continued in 2012. The 2.5 percent increase in GDP that has been reported for January-August is well below the rates recorded during 2010 and the first half of 2011. As Chart 1 shows, output growth was noted in most major sectors. Construction appears to be an exception: the volume of housing construction (as measured in square meters of housing completed) was down some 7 percent through August.
External adjustment. This growth slowdown has been accompanied by a marked slowing in the pace of Belarus’s export and particularly import growth in 2012 (Chart 2), which has produced a sharp turnaround in the balance of trade in goods and services (Chart 3). Whereas the growth in dollar exports fell from 56 percent in 2011 to 27 percent during the first seven months of 2012, growth in dollar imports fell from 29 percent to 4 percent during this time.
Thanks to this turnaround, the cumulative trade surplus had reached nearly $4 billion by July 2012. This contrasts sharply with the large trade (and current account) deficits that Belarus has consistently reported in past years. It also suggests a strong reorientation in demand from domestic to external sources: the IPM Research Centre in Minsk estimates that domestic demand declined by some 6 percent during the first half of 2012, thanks to a 19 percent decline in gross fixed investment during this time. On the other hand, following a spike in January, the official data point to a sharp slowdown in Belarus’s export growth over the course of 2012. Should this slowdown continue, it could threaten both growth in industrial production and further progress with external adjustment.
This external adjustment, combined with the move to a floating exchange rate in mid-2011, has helped stabilize the Belarusian rubel. As Chart 4 shows, the official exchange rate during 2012 has hovered around 8300 rubels per dollar—which represents a slight nominal appreciation vis-à-vis the rubel’s lows of late 2011. On the other hand, despite some improvement, the import coverage provided by the National Bank of Belarus’s official foreign exchange reserves remains below the three-month level that is typically regarding as a safe minimum. As of July 2012, official reserves had yet to regain their level (in terms of import coverage) of January 2010 (see Chart 5).
Inflation and household incomes. The importance of restoring exchange rate stability is seen in Belarus’s inflation trends (Chart 6). After peaking at 110 percent in January 2012, year-on-year inflation rates have since then been dropping sharply. Consumer price inflation in August fell to under 60 percent for the first time in a year; should present monthly inflation rates continue, this rate could drop to close to 20 percent by the end of the year.
On the other hand, Belarusian consumers are not yet out of the woods, in terms of price and tariff shocks for basic goods and services. For example, household electricity tariffs jumped 24 percent in August alone. More such “corrections” seem likely in late 2012 and 2013, as in inflationary trends in regulated prices and tariffs start to catch up with other components of the consumer price index. In any case, reported inflation rates in Belarus remain the highest in Europe and Central Asia.
Fortunately, the slowing pace of inflation has allowed for household incomes to recover from the hit they took last year (Chart 7). After shrinking (in year-on-year terms) from mid-2011 until this spring, households incomes have reported strong growth (in real terms) during May-July 2012. Similar trends are apparent in the data for real wages and pensions. In fact, the latest available data indicate that the average monthly pension grew 39 percent in August (in real terms), reflecting pension hikes introduced in February and then again in May. Central Bank of Russia data also point to a large (60 percent) year-on-year increase in outgoing remittances from Russia to Belarus (albeit from a relatively low level) during the first quarter of 2012. These trends suggest that the recovery in household incomes is also benefitting those vulnerable households whose welfare is most affected by the high inflation rates.
Conclusion. The most recent official data indicate that the Belarusian economy has bottomed out, the external adjustment is progressing, and that a recovery in household incomes has begun. Whether these trends can continue—particularly in light of the economic crisis in Europe and slowing growth in Russia—remains to be seen.
 Belarusian monthly economic review, number 9, September 2012.
Gender equality in the Caucasus
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Second Batch of Yu Yureka to Go on Sale, Number of Units Undisclosed
The recently popular smartphone from the homegrown manufacturer, Yu, is again going up for sale exclusively on Amazon India. The second round of registrations has commenced, and the phone will be up for grabs on 22nd January for a price tag of Rs. 8,999.
Micromax is imitating Xiaomi’s successful marketing scheme to entice more customers. However, last time, things didn’t go so well as Amazon India was unable to cope with the heavy rush. The first round of flash sale saw around 3 lakh registrations, but only 10,000 units were available for sale. The inadequate availability of the phone resulted in an outrage from interested buyers who were left disappointed. However, the company announced that the phone received a superb response, and the stock cleared in just 3 seconds.
Another glitch that added to the fury of the customers is that Amazon India showed the final price of Yu Yureka as Rs. 12,499 instead of the actual price (Rs. 8,999). However, the e-commerce website later apologised for the technical hitch.
As of now, there is no clue about the number of units that will go up for sale as both Micromax and Amazon are tight-lipped on the topic.
Coming to the specifications of the Yu Yureka, the smartphone sports a 5.5-inch 1280x720p display. The screen has a protection of Gorilla Glass 3. The device is powered by Snapdragon 615 CPU along with Adreno 405 GPU. The device features 2 GB of RAM and 16 GB of internal storage capacity, out of which 12 GB is free. The phone gets its juice from a 2500mAh battery. On the camera front, the handset has a 13MP snapper along with a 5MP shooter on the front. The most significant feature of the device is the attractive Cyanogen OS 11.
For those who haven’t seen our review, can check out the video below:


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The third annual Veteran’s Day parade and ceremony will be Nov. 6.
The parade begins at 2 p.m. Parade entries must sign in 1-1:30 p.m. at Hodgenville United Methodist church; line up on Creekfront Road by 1:45 p.m. Entry forms are available at the LaRue County Chamber of Commerce, City Hall or The LaRue County Herald News.
Many people are aware that their credit score is important, but do not really understand what it is or how to build a strong credit score. Your credit score is an indicator of the likelihood that you will be able to repay a loan according to the original loan terms, meaning that you pay your loan on time.
This year seems to be flying by, but that must be because of everything that the Chamber is involved in and working on. The holiday season is almost here and that is very exciting because two of the Chamber's biggest events are just around the corner.
The LaRue County Chamber of Commerce and the City of Hodgenville have finalized plans for Trick-or-Treat on Lincoln Square and Christmas at Creekfront.
1. Job seekers, beware of Reshipping Scams! In this scam, foreign criminals purchase merchandise with a stolen or fake credit card and then hire U.S. citizens to have it shipped to their country. These jobs are posted on online job sites and in newspapers.


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General Motors will start discharging from office around 1,500 representatives in Thailand in June, after declaring the intention to sell its local production plants, a government spokesman said on Wednesday.
Recall, GM said earlier in the week it would purchase its two plants in the eastern industrial province of Rayong to China’s Great Wall Motor (-1.72 percent). General Motors shares eased by 1.01 percent on Wednesday at 1205 GMT.
All the Rayong plants’ employees would be off the payroll under the terms of GM’s purchase agreement with Great Wall, as it became known due Jak Punchoopet, adviser to the Minister of Labour comments to Reuters.
Moreover, General Motor will act upon Thai labour law, providing all needed pays for the affected workers, including granting an additional 4month reward to all redundant workers.
Great Wall Motor, one of China’s largest sport-utility cars makers, told it would purchase vehicles from the Thai base as part of its intentions to go worldwide and tap the Southeast Asian automotive industry, for which Thai is seen as a hub.
GM Southeast Asia’s representative, Sean Poppitt, said that the Thai Ministry of Labour’s information was “broadly correct” and referred questions on whether any employees might be rehired to Great Wall Motor.
To crown it all, the car producer announced that it was going to cease its operations also in Australia and New Zealand, aiming to leave the loss-making markets and shift to the U.S., China and South Korea.


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For online vendors who end up scratching their heads in confusion when it comes to reconciliation of accounts with e-commerce platforms, Ahmedabad-based start-up Don’t Scratch Your Head (DSYH) saves the day.
Ahmedabad-based start-up Jolly Food Fellow (JFF) has brought together two of Gujarat’s most prized posessions—the entrepreneurial spirit of the state and its cuisine—and created a platform showcasing the wide range of d
Textile mills in Tamil Nadu have drastically cut back their cotton procurement from Gujarat, which had long been a hub for premium cotton, in favour of states like Telangana and Maharashtra, in the wake of increased adulterat
Even as demonetisation continues to haunt industries in Gujarat, there appears to be an unofficial diktat within the corridors of power to sweep it under the rug, ahead of the eighth edition of the Vibrant Gujarat Summit, sch
If you want to take a real hard look at the astounding skill-sets of the differently-abled, visit ‘Cafe in the Dark’ —an edutainment (education and entertainment) zone run by Ahmedabad-based social start-up DialogueMake
With production having slowed down to about 50% for most micro, small and medium enterprises (MSMEs) since the demonetisation of R500 and R1,000 notes by the Centre, a spectre of unrest is beginning to haunt labour...
Gujarat, one of the major cotton-producing states, is facing a shortfall in the crop's supply due to the Centre's sudden decision to scrap Rs 500 and Rs 1,000 notes in a crackdown on black money in the country.
In an exclusive interview with The Financial Express, Gujarat finance minister Saurabh Patel confirmed that a new auto policy is on the anvil, and promised that it would be as lucrative as the earlier ones.
Dedicated Initiative for Sustainable and Holistic Agriculture (DISHA), which markets mangoes on the lines of cooperatives, is all set to offer farmers crop insurance, in a first of its kind initiative in Gujarat.
Cotton ginning factories in Gujarat have been facing overcapacity problem for the past two years. Around 1,300 ginning units in the state, which have a total capacity to process 2.5 crore bales of cotton, are producing only 9


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Despite the multiple catastrophes stemming from the decisions of President Biden, he’s continuously shown this is not where his priorities lie. Instead, Biden’s focused on getting Congress to pass horrific spending legislation; the president is furthermore hell-bent on getting the IRS to prod around in Americans’ bank accounts.
Meanwhile, the supply chain crisis is still a threat. It’s still wreaking havoc on grocery stores, America’s housing industry, first responders, and others. However, Biden’s priorities aren’t centered around this matter whatsoever.
Unlike the current president, House Republicans are facing the reality of what’s really happening as America’s supply chain suffers. This is why House GOP members recently wrote to Biden, urging him to prioritize the supply chain crisis and other matters.
The letter to President Biden
In the letter to the president, House GOP members laid out the issues facing the nation. Republicans mentioned while Biden fixates on getting spending bills through Congress, real crises are afoot.


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Schwenningen success story continues for yet another year: for the fourth year in a row, Schwenningen precision spring manufacturer KURT MEDER GmbH generates record turnover. Earnings are up by nine percent year-on-year, to 26.7 million euros in sales.
Schwenningen. It is not only sales records that have by now become something of a tradition – the results for the past fiscal year are also traditionally announced at the employees’ summer party. How could it be otherwise – the mood among the approximately 170 employees in attendance was tremendous, and the good business result contributed to it in no small measure. In a packed marquee, Managing Director Magnus Mauch welcomed the bulk of MEDER’s staff to thank them for the terrific year. “I am well aware that a turnover of this size has not only its positive sides, and that we also had to overcome difficulties. For that, I would like to thank you sincerely. Your commitment and motivation are the foundation for these outstanding figures.”
In addition to the sales record, major investments and the increase in the number of employees also made for positive news. The spring manufacturer invested a total of more than 2.2 million euros, most notably in the new storage tower, which now offers space for
370 tonnes of raw material and is equipped with the latest technology. With six new hires, the workforce has now grown to 202 employees, which means that the record figure of 200 employees was exceeded for the first time in the company’s history.
MEDER has traditionally focused particular attention on the next generation, so it’s no surprise to see that in the coming September, five trainees will start their careers at KURT MEDER GmbH. As in previous years, they will include one trainee with a background as a refugee.
The traditional Schwenningen company has also set ambitious goals for the current fiscal year. Next year, the plan is to once again achieve record turnover of 28.3 million euros. Looking back, Managing Director Mauch again stressed in particular that the friendliness and openness of employees during company tours with customers was exemplary. Investment in the working atmosphere at the company also continues. From now on, there will be fresh fruit once a week for all employees, and two MEDER polo shirts per head will also be donated.
Following the official formalities of the summer party, with all of their words of praise from Managing Director Mauch, the first MEDER Summer Olympics were opened, with twelve teams taking part to compete in five disciplines including High Striker and Milk the Cow. The three first place winners received a cash voucher. Afterwards, with a barbecue and music by well-known DJ Karl Schlagerfeld, the party went on into the evening hours.


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While Eidos Montreal will be bringing out brand new Deus Ex titles for next gen consoles under the banner of Deus Ex Universe, it’s still very much committed to bringing out Deus Ex: Human Revolution Director’s Cut. The developer has release a new trailer for the game, a re-release which adds a fair amount of tweaks to improve the experience, which you can check out above.
The re-release will apparently feature better boss battles, allowing for numerous solutions rather than a single violent approach, better AI and all the DLC release till now. It will also include improved visuals and 8 hours of developer commentary. But that’s not all – the Director’s Cut will also feature second-screen options using either the Wii U Gamepad, SmartGlass or the Vita with the PS3 for sniping, accessing computer terminals, hacking and much more.
Deus Ex: Human Revolution Director’s Cut will release on October 22nd in North America and October 25th in Europe for Wii U, PC, PlayStation 3 and Xbox 360.


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The Yard Nutrition Bar, located in the lobby of Powerhouse Gym, 419 Broad St. in Elyria, will begin offering nutritional protein shakes and specialty drinks Sept. 21.
The Yard wants to coach people to a healthy lifestyle.
Nicole Roesch and Brian Fox, both 30 years old, recently located to Elyria from Huron for Fox’s new position as head coach of Elyria Catholic High School’s football team.
Both have an experience in fitness and healthy living and wanted to create a nutrition bar to build a sense of a positive and healthy community, Roesch said.
Owners of Powerhosue Gym, Kelly and John Dixon, also were looking for someone to offer healthy living for their customers.
Roesch and Fox then transformed the lobby into the nutrition bar.
“We’re trying to offer people something good and good for them, as well as something for people who may want to be gym members,” Kelly Dixon said.
Gym members will put in 20 percent of their energy into the gym, Roesch said.
After working out, some may be on the go and looking for a quick option of food that will utilize 80 percent of their energy.
Roesch said they offer health drinks for people to put into their bodies without interfering with their day or the effort and time they put into the exercise.
The products they offer are meal replacement shakes, protein smoothies, energizing herbal tea bombs and specialty nutrition cocktails.
The drinks come in many flavors, have better texture and taste with less sugar and calories than most other protein shakes, she said.
“Most protein comes in a can and are a powder that’s not satisfying,” Roesch said. “It will benefit you physically, but not emotionally. Food is emotional.”
Roesch and Fox created their drinks and shakes with a combination of different ingredients, she said.
The ingredients make “over the top, decadent, flavorful, delicious protein shakes that you’ll enjoy and come back again and again,” Roesch said.
Some of the beverages at come in dessert flavors like snicker-doodle and apple crisp; candy bar flavors like Almond Joy and Twix; ice cream flavors such as banana and mint; breakfast favorites such as Fruity Pebbles and Cinnamon Toast Crunch; fruity flavors like orange pineapple and pina colada and more.
The drinks also are complimented with positive messages written on the cups.
Roesch said their focus is to coach their customers into making healthier choices for nutrition and living happier lifestyles.
“Just making the community healthy and happier,” she said. “Healthy is happy. Invest in your health and you will be so happy about it.
“That’s the whole idea. We want to create that sense of community around that.”
She added that the products are good and are going to speak for themselves.
“We are not a place of negativity,” Roesch said. “This is a place where you can come in here and we will give you that dose of positivity and energy you need.”
Kelly Dixon said they’ve tried offering protein shakes before, but not in the same way The Yard has transformed the industry.
She said The Yard is a positive atmosphere coming from people dedicated to give that positivity to others.
Dixon added it will be a good addition, not only to their gym, but making it more of a fitness club, but to the community.
“In downtown Elyria, there are very scarce businesses that have any type of health, positive vibe to it,” she said. “We’ve been here for over 12 years now, so I think adding this bonus is definite a positive and something needed in downtown Elyria. Everyone needs to be healthy. I think it’s going to be all-around good for this community.”
Roesch said they are hiring more employees for The Yard, as well as for Powerhouse Gym.
Hours of operation are from 7 a.m. to 5 p.m., Monday through Friday, and from 8 a.m. to noon, Saturdays.
For further questions, visit The Yard Nutrition Bar’s Facebook page.


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Successive lockdowns and the slowdown of the world economy over the last 18 months put a sharp focus on global and corporate sustainability. We marveled as skies cleared, commuter traffic waned, and wildlife thrived in previously out-of-bounds urban areas. We worried about the environmental impact of masks littering our streets and the return to disposable coffee cups. And, prompted by the shutdown of many of our favorite stores, we reconsidered our appetite for fast fashion and the next retail hit.
Read the full article at: www.the-future-of-commerce.com


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A Mississippi oil company accused of charging too much for fuel in the aftermath of Hurricane Katrina has won its challenge to the state’s price-gouging law after a judge ruled it unconstitutional because it’s too vague.
Attorney General Jim Hood said Thursday he would appeal the decision handed down by Winston County Chancery Judge J. Max Kilpatrick.
Kilpatrick’s ruling came in a case involving Louisville-based Fair Oil, one of two companies Hood sued in 2007. The lawsuit accused the company of gouging consumers after Katrina struck in 2005.
The law states that during an emergency, goods and services shouldn’t cost more than what’s ordinarily charged for comparable items “in the same market area at or immediately before the declaration of a state of emergency or local emergency.”


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Saskatchewan will hand control over recreational cannabis distribution to private retail stores, the government said on Monday. The prairie province is taking a different approach to legalization from Ontario and Quebec where recreational marijuana will be sold through government-controlled stores.
Saskatchewan will issue about 60 cannabis retail permits to private operators in as many as 40 municipalities and First Nation communities once legalization comes into effect this summer, the Saskatchewan Liquor and Gaming Authority (SLGA) said in a statement.
Municipalities and First Nations with at least 2,500 residents will be able to apply for retail permits, and communities will also be able to opt-out of having a cannabis store in town if they so choose, authorities said.
“Saskatchewan strikes a balance between public safety and access for consumers,” Gene Makowsky, the provincial minister responsible for the SLGA, said in a statement. “It’s also important to our government that the 40 municipalities and First Nations selected for retail locations have the opportunity to decide whether they want cannabis retail stores in their community.”


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German unions are ramping up the pressure on employers to pay big wage hikes this year, and as the economy is booming, companies will find it tough to argue for restraint. With order books brimming and unemployment in Germany last year hitting its lowest level since unification in 1990, employees in several major industries will campaign for a piece of the pie in 2018.
Leading the way are staff at VW’s sports-car brand Porsche, who on Thursday staged a walk out in support of a campaign by the country’s biggest union, IG Metall, for a 6 percent pay hike for some 3.9 million workers in the auto and engineering industries. The union set a high benchmark with its claim, and the chemical industry will likely be confronted with a hefty demand when talks get underway this summer. Pay negotiations are also scheduled for the public sector and construction workers.
“Wages haven’t developed badly of late,” said Enzo Weber, an economist at the Institute for Employment Research, a unit of the Federal Labor Office. “But if you consider how strongly employment has grown and unemployment has fallen, more hikes are feasible.”
Rising wages could hit another economic variable criticized by Donald Trump: Germany’s wide trade surplus.
Wages have been outpacing consumer prices since 2014. Last year they rose by 2.3 percent including bonus payments, which was the strongest increase in three years and above the country's inflation rate of 1.8 percent. The Ifo economic research institute expects wage growth to accelerate to 3.4 percent in 2018 and 3.5 percent in 2019.
Salary changes affect corporate profitability and the competitiveness of Germany’s economy, the largest in Europe. If labor productivity is stable, higher wages tend to depress companies’ profit margins or trigger price increases, making German cars and machinery less attractive. Citing higher wages, the Ifo institute predicts German consumer prices will rise 2.2 percent in 2020. The country's central bank, the Bundesbank, is forecasting an inflation rate of 1.9 percent in two years’ time.
As the biggest hitter in the 19-nation euro zone, Germany’s consumer price changes influence the European Central Bank's monetary policy. Higher German prices boost the average for the whole currency bloc and help the ECB reach its goal of an inflation rate of “below, but close to, 2 percent over the medium term.” Approaching the target could persuade the ECB to adjust its monetary policy, for instance by winding down its bond-buying program more quickly or raising interest rates.
Rising wages could also hit another economic variable, one much criticized by Donald Trump: Germany’s wide trade surplus. The US president complained last year that there were too many BMWs on American roads and that the US had a "massive" trade deficit with Germany. Although many factors affect the sum of exports and imports, if higher labor costs boost prices and German products become less attractive to foreign buyers, the surplus could fall. Rising wages could also increase demand for foreign goods, cutting the surplus even further.
The Bundesbank, citing substantial domestic demand, indeed expects Germany’s trade surplus to drop slightly from 8 percent of economic output this year to 7.7 percent in 2019. Although still high, it’s a move Mr. Trump would welcome.
Gilbert Kreijger is an editor with Handelsblatt Global. Frank Specht writes about the jobs market and labor unions from Handelsblatt's Berlin office. To contact the authors: [email protected] and [email protected]


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Turkish Competition Authority fines Google $26M for abuse of...
Turkish Competition Authority fines Google $26M for abuse of dominance in search
Turkish Competition Authority fines Google $26M for abuse of dominance in search By David 16 November 2020 (Edited 02 December 2022)
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Rekabet Kurumu has fined Google 196.7M lira and set 6-month deadline for changes
Google must "ensure active competition"
Turkey Competition Authority Rekabet Kurumu said on Friday that it is fining Google 196.7M lira because the search company has violated the terms of fair competition and was "abusing its dominant power in the market" making it difficult for companies to appear in searches unless they buy advertising space on Google.
The Competition Authority also ruled that Google must ensure active competition by making any necessary changes to its way of doing business within 6 months, and for 5 years make annual reports on compliance measures taken.
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The world of cannabis has changed drastically in the United States over the years. Two-thirds of Americans now support legalizing the plant and nearly 90% support legalizing medical marijuana.
Sure, we might not have expunged the records of cannabis-related crimes yet or sorted out all the logistics and regulations for smooth operation in some states, but we’ve still come a long way.
Despite the majority of Americans supporting the legalization of cannabis, some states continue to take the Schedule 1 classification of cannabis very seriously. Knowing which states have the strictest laws can keep you out of trouble, especially if you live in a state where you’ve grown accustomed to walking into a shop and leaving with an assortment of weed-infused treats.
Small amounts (up to 20 grams) of cannabis is a misdemeanor in Florida with a maximum sentence of one year plus a $1,000 fine. More than 20 grams is considered a felony, punishable by up to a 5-year sentence and up to $5,000 in fines.
Selling or delivering weed within 1,000 feet of a school (including colleges), a park, or other areas as specified by the law results in a felony with up to 15 years imprisonment and a $10,000 fine.
Florida has had medical marijuana since 2016, though only recently did it become legal to actually smoke medical marijuana.
If you’re caught with an ounce or less in Georgia, you could be given up to a year sentence along with a $1,000 fine. Anything above an ounce is a felony, starting at 1-10 years and $5,000 in fines.
The sale of any amount is also a felony in Georgia.
Despite being legal, Georgia residents could not purchase CBD oil until the recent signing of a medical marijuana bill.
Possessing three ounces or less of cannabis in Idaho will get you a misdemeanor, with up to a year of imprisonment and a $1,000 fine. Anything beyond that is considered a felony. Selling any amount of weed starts at a year of imprisonment, with up to $50,000 in fines.
Even CBD is not tolerated in Idaho, despite the 2018 Farm Bill which legalized hemp derivatives, including cannabidiol, across the United States.
Despite medical marijuana still being non-existent in Kansas, the state only recently calmed down a bit on their cannabis laws by legalizing CBD.
Beyond CBD, Kansas has bleak marijuana laws. Any amount of marijuana is considered a misdemeanor with up to six months incarceration and a $1,000 fine. Any sale or cultivation of the plant will result in a felony.
First-time offenders may receive a fine of up to $300 or 15 days of imprisonment if they have 14 grams or less. More than that, up to 2.5 pounds, will result in a $500 fine or up to six months imprisonment.
It takes a lot to get a felony in Louisiana (60 grams or more.) If you’re growing any amount of weed though, you could face $50,000 in fines on the first offense.
All of the marijuana-related offenses in Louisiana increase by 1.5 times the original maximum sentence if they occur within 2,000 feet of a drug-free zone.
Any amount found in your possession can land you a misdemeanor with up to six months incarceration and a $1,000 fine. Even worse, any subsequent offense with any amount is considered a felony with to 3.5 years incarceration and $10,000 in fines.
Milwaukee alderman Nick Kovac feels that Wisconsin is “way behind the curve,” according to WBAY.


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A couple may have figured out it’s not wise to steal a cellphone after they were tracked down thanks to the phone’s theft deterrence device and arrested.
The pair, Cameron Kevin Evans, 46, and Shannon Nicole Evans, 41, are charged with grand theft for stealing an iPhone 6S.
Sheriff’s investigator Travis Thaxton says the two took the phone while at a yard sale on Park Avenue in McMinnville. The victim, fearing the phone had been stolen by a visitor to the yard sale, turned the case over to authorities, who then accessed the phone’s code-protected internal tracking device in place in case the phone is lost or stolen.
“The iPhone was discovered to ping at a residence located on Harvest Farm Lake Road,” Thaxton said, noting he went there and met with the resident who told them to contact the couple.
Thaxton was able to recover the stolen phone when he met with the pair. The estimated cost of the phone is $700, making the crime an E-Felony punishable by one to two years in prison.


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Microsoft, N-able Partner on Managed Services
Microsoft. It’s one of the few companies that could potentially change the managed services competitive landscape overnight.
For months, pundits — including MSPmentor — have wondered if the software giant would start to buy up MSP platform providers. But for now, Microsoft continues to partner in the MSP space. The company’s latest move involves an expanded relationship with N-able.
Under terms of a marketing and technology relationship announced today, Microsoft partners will be able to integrate N-able’s managed services platform with the Microsoft’s System Center Essentials 2007.
System Center is a set of systems management products and technologies designed for businesses with up to 500 PCs and 30 servers.
N-able is an established Microsoft Gold Partner, so System Center integration is “a natural for us,” says N-able CEO Gavin Garbutt. “The whole idea is to give customers a single dashboard that allows engineers to manage more and more devices.”
Watching Microsoft’s Wallet
As the manged services industry continues to grow, and Microsoft continues to shift its resources to software as a service (SaaS), many MSP industry pundits have wondered if — or when — Microsoft would begin buying up MSP platform providers.
Sources say Microsoft continues to closely watch big established rivals closely — particularly Symantec and its new Symantec Protection Network (SPN). Initially, SPN supports managed storage, but the platform is expected to offer managed security services later this year.
As one of the tech industry’s most channel-focused companies, Microsoft’s growing interest in the MSP space is a natural. “For now, the message from Microsoft seems to be ‘let’s partner,” says the CEO of a managed security platform provider. “But you have to wonder when the other shoe is going to drop, and when Microsoft will buy some of these MSP companies.”
But in the meantime, Microsoft continues to work far more closely with N-able and other platform providers.


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Animal farming is among Kenya's leading economic activity. In Riruta, Nairobi, most residents indulge in pig farming. However, pig feeding is a challenge. The farmers are forced to buy leftover foods from hotels and garbage collection points which is toxic for the pigs. They get rejected at the pork processing factory causing loss to their business.
Timothy Odongo, the founder of Lisha Nguruwe Swahili for "feed the pig" and a resident of Riruta, felt the farmer's frustration. He previously worked for a garbage collection company where he noticed some farmers would miss out on buying the garbage feed for their pigs.
Timothy makes readily accessible, affordable, sufficient and healthy hydroponic fodder in his low-income community.
He buys a kilo of barley seeds for Kshs.35 (USSD 0.35) to produce four kilos of fodder, enough for two pigs. It is economical compared to commercial feed that cost Kshs. 45 (USSD 0.45) per kilo for feeding one pig.
He joined the Somo Entrepreneurship Bootcamp in cohort 6. He is proud that he learnt the essence of record keeping, marketing, branding as well as the need to network. "I can easily pitch my product," he says.
He is excited about the partnership with Somo. He plans to acquire at least 21 trays each costing Kshs. 800 to produce 100kg of pig feed and embrace new technology for more effective, efficient production.
Timothy advises his fellow youths to cease opportunities to start social enterprises that would impact positively in their livelihood and the communities at large.


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Opening Office in Moffett Towers to Accommodate Rapid Growth
SUNNYVALE, Calif. (July 16,2013) – GoDaddy, the Web’s largest platform for small businesses, is preparing to open a new Bay Area office in Sunnyvale. The new facility affords GoDaddy 40,000 square feet of space in a great location, tripling its current Sunnyvale capacity to make room for the influx of new talent.[contextly_sidebar id=”d123d3a4b3f2f84e78ba2d61abbb22b5″]When GoDaddy opened its first Bay Area office in February, 40 employees were based in Sunnyvale. By June, the employee count more than doubled and is continuing to grow as GoDaddy builds out its product and technology teams. GoDaddy will be joining companies like Microsoft, Amazon, Google and HP at the Moffett Towers location.
“We picked Moffett Towers because it has the amenities we need to attract top talent, as well as its great location in the Bay,” said GoDaddy CEO Blake Irving. “Employees will enjoy a gourmet café, indoor basketball and volleyball, a full gym, and an outdoor swimming pool. We’ll even have a climbing wall. Our employees are active and love these type of amenities.”
GoDaddy has made a number of significant hires this year, attracting leadership and technology talent from the likes of Amazon, eBay, Google, Microsoft, Yahoo and AT&T. GoDaddy is focused on enhancing its products to serve small business customers. Over the last several months, GoDaddy has launched new versions of its Website Builder, expanded its mobile offerings, prepared for ICANN’s new gTLD expansion and opened a technology center in Kirkland, Wash., near Seattle.
“The best incentive we can give employees is a platform where they can make a difference,” Irving said. I haven’t met a developer yet who doesn’t want to change the world for the better with their work – and that’s what we’re doing for small businesses. We’re giving people simple, elegant products to harness the power of the Web in starting and growing their own ventures. GoDaddy is attracting incredible technical talent to help make our vision a reality and we’re making it easy by creating great workspaces where the talent lives. That means opening offices in places like the Bay Area and Seattle.”
In May, the company broke ground on the GoDaddy Global Technology Center, a state-of-the-art 150,000 square foot facility at the ASU Research Park in Tempe, Ariz. It will provide room for further expansion beyond the 300 new jobs expected to be created when the campus is completed in 2014. Right now, the Scottsdale-based company also has offices in four other locations in Arizona, as well as Colorado, Iowa and Hyderabad, India. Other international facilities include Canada, Singapore and The Netherlands.
GoDaddy now serves more than 11 million paying customers worldwide and is the largest Web hosting and domain name registrar on the planet. GoDaddy leverages its award-winning talent and personalized approach to help small business owners create their digital identity, build websites and grow online.
Right now, GoDaddy has nearly 100 open jobs across a variety of departments. To learn more, visit GoDaddy.com/Jobs.
GoDaddy is the world’s largest domain name provider, Web hosting provider and new SSL certificate provider, focused on helping small businesses grow larger. GoDaddy provides dozens of cloud-based services and is the largest worldwide mass-market hosting provider by annual revenue according to 451 Research (Mass-Market Hosting Report-Fall 2012) and is the #1 provider of net-new SSL certificates for 2012, according to the Netcraft, LTD Secure Server Survey. To learn more about the company, visit www.GoDaddy.com/PR.


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Inland Empire News
Stone Summit Winery and Vineyard opens in Big Bear
BIG BEAR, Calif. (KABC) -- California is known for its fine wine industry. That winemaking art will soon reach a new high in Big Bear as one man's dream comes true.
Big Bear is a destination known for its skiing hiking and fishing. In the future, there are some people hoping it will come to be known for its wine.
"I'm very passionate about wine," said David Stone, owner of Stone Summit Winery and Vineyard.
Stone is taking his passion for wine to a new level, 6,855 feet above sea level to be exact. He is launching Big Bear's first and only commercial vineyard.
"Planted a few test vines and watched them grow and planted some more and we're up to 1,500 vines currently" said Stone.
It will take a couple years before his vineyard will produce the necessary grapes. For now, Stone is relying on grapes grown in Napa and along the Central Coast to begin bottling under his label.
"We have Chardonnay and Moscato. Today, we are starting the fermentation process and that will be our first house wines from Stone Summit," said Stone.
Overseeing the entire process is Stone's winemaker, George Walker.
"Right now, we have 243 gallons batches of wines that have been tested and adjusted and we're ready to make some fabulous wine from them," said Walker.
But before the wine can begin fermenting, the yeast must be added.
Guests invited to the unveiling were given a chance to pitch the yeast into the vats. Then the waiting begins.
The wine room at Stone Summit has over 300 labels. In the next few weeks, they'll be adding two more.
Walker says the wine will be unique because of the region where it is produced.
"A high altitude vineyard is really something to brag about, something that, you know, can make the wine very special," said Walker.
In time, they are hoping Stone Summit Wine and Vineyards will draw wine lovers throughout Southern California and beyond to Big Bear.
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Lamborghini India has been impressing us with its sales milestones and now the firm reports the highest-ever sales.
Just a few days to wrap up 2021 and Lamborghini India has reported its highest-ever sales numbers. The Italian supercar maker has recorded a growth of 20 per cent in H1 of 2021. The numbers haven’t been revealed, however, the sales have surpassed the previous high of 52 units recorded in 2019.
The demand has been improving from October 2020, and the waiting period is up to 7-12 months depending on the model. In 2021, Lamborghini India reported cumulative sales of 300 units, and around the same time, the firm sold its 100th Lamborghini Urus in India.
The last launch from Lamborghini India was the Huracan STO which is priced at Rs. 4.99 crore (ex-showroom). This racecar for the road gets a 5.2-litre V10 which is capable enough to push out 630bhp and 565Nm. The more exciting bit of this supercar is the mechanicals and other components which are inspired by Lamborghini Huracan Super Trofeo EVO and GT3 EVO racecars.
Elements such as 20 per cent lightweight windscreen, carbon fibre body panels, new air vents and air splitters, NACA-style air intakes – It helps increase downforce – and an adjustable single-slotted rear wing enhances STO’s aerodynamic capabilities.
Lamborghini India also has the Aventador and Urus on sale and all of the models are available in multiple variants and you can option yours with a number of personalised touches.


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NEW YORK--(BUSINESS WIRE)--ShelterZoom, the inventor of Document of ThingsTM (DoT) and Contract of ThingsTM (CoTTM), today announced its spring release of DocuWalk with plans to release the product free of charge to organizations working to combat COVID-19 while the crisis continues. Built on its blockchain-based second-generation smart contract platform which transforms records, documents, and contracts into fully digital, interoperable and intelligent assets, DocuWalk is designed to bring the entire world of both eCommerce and remote work arrangements to a level of sophistication and trust never seen before.
“When we started building this we knew the future of business would be one of more remote operations, but we didn’t know that COVID-19 would be what accelerated the world to adapt,” said Allen Alishahi, Co-founder and President of ShelterZoom. “In the face of this rising crisis we at ShelterZoom are working tirelessly to launch our platform as soon as possible to help small and large businesses around the world collaborate with one another and keep business moving forward.”
DocuWalk leverages security, leading blockchain technology and ShelterZoom’s patent-pending Document TokenTM to overcome major limitations presented in existing document and contract management technology, as well as to enable transferability, traceability, tradability and portability.
“We have been working on this platform for two years and have incorporated design features that make for a seamless transition to bringing everything you can do with documents in a physical office to the online world,” said Chao Cheng-Shorland, CEO and Co-founder of ShelterZoom. “Whether it is interacting with remote staff in a trust-based environment, negotiating a contract with sophisticated intelligence and auditability, or managing personal records securely our new platform is an end-to-end solution for anyone and any organization.”
Fully-scalable features such as Virtual Negotiation and blockchain-based security combine to make a remote team able to work as efficiently as if they were in the same location, no matter the size of the group.
One of the first adopters of the technology is ShelterZoom’s external general counsel, Seward & Kissel LLP, a leading U.S. law firm. Partner Anthony Tu-Sekine comments,
“These past few months have shown us how real the possibility of major disruptions to travel is and how it can impact business, both at the local and global level. The solution provided by ShelterZoom has the potential to facilitate business and commerce on numerous levels and thus provide tools that businesses can use during a major event such as the current pandemic that affects the ability to interact in the real as opposed to the digital world. This is why we are signing up to be one of the early adopters of the ShelterZoom platform for certain types of contract use-cases, and we are looking forward to putting it to use as soon as possible."
For more information contact email@example.com or to sign up go to www.docuwalk.com
ShelterZoom recently emerged as the winner of the 2018 SIIA CODiE Best Emerging Technology Award, which recognizes companies that are “the most innovative, high-impact products in the market,” with the power to “transform the future of how we do business.” A market leader in blockchain, ShelterZoom’s next-generation document, contract and transaction management platform is bringing unprecedented innovation, transparency, efficiency, security, and profitability to its customers across industries. For more information, visit www.docuwalk.com.


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Conservative Americans everywhere are breathing a sigh of relief, still. Because they know that Donald Trump offers them, and future generations, a chance at living in an even greater America.
The Donald has already had many positive impacts on the U.S. economy. And there was news today that, yet again, a huge company will keep jobs in America. How did this happen and what caused it?
Well, Bloomberg reports: Ford Motor Co. will scrap plans to build a $1.6 billion plant in Mexico, after coming under criticism by President-elect Donald Trump for shifting small-car production south of the border.
Instead of building the newest model of the Ford Focus compact car in the new factory that was just canceled, they will build it in their existing factory in Hermosillo, Mexico. This will allow them to keep about 3,500 jobs in Wayne, Michigan instead of moving those jobs to Mexico.
“One of the factors we’re looking at is the more positive U.S. business environment that we foresee under President-elect Trump and the pro-growth policies that he’s been outlining,” Fields told reporters at Ford’s factory in Flat Rock, Michigan, where the company is investing $700 million and adding 700 jobs. “This is a vote of confidence around that.”
Yes, America – it’s all because of Donald Trump. And the best news? This is just the beginning!


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International travellers can now take our country’s favourite chocolate when they travel, as Whittaker’s has opened its first physical store in Auckland International Airport.
The first permanent store is a huge step for the over 120-year-old company who has only traded through select stockists since now. The store is the latest to open in Auckland International Airport’s new renovated retail area.
Intense gold hues fit with the sophisticated Whittaker’s branding, with share packs, gift rages, classic blocks and destination/artisan blocks being available tax free.
And it’s a good location to set up the first shop: five billion of the $70 billion sold at Duty Free stores around the world is candy, making it “the ninth biggest chocolate market in the world effectively just behind France and just ahead of India“, according to Mondelez’s Tom Armitage.
Mondelez owns the quintessential airport chocolate Toblerone, but Whittaker’s has already taken on the global behemoth and won in this market after giving Cadbury a beating over the past few years, so it will be trying to do it again in the airport.
The Whittaker’s store will be operated by Lagardère Travel Retail, which already operates a number of stores for high-profile New Zealand brands.
Przemek Lesniak, CEO of Lagardère Travel Retail in the Pacific region says “we are extremely proud to have worked with Whittaker’s to develop this concept and deliver their first ever retail store, reflecting Whittaker’s brand values. This is a true testament to our shared vision.”
The brand is family owned and with 100 percent of operations in New Zealand, it’s not surprising it has been voted our most trusted brand in the Reader’s Digest annual awards for a number of years.
Now, international travellers can stock up coming home or deliver the much-loved chocolate to overseas friends.
Jasmine Currie, Whittaker’s marketing manager says the new store will give customers the opportunity to fully immerse themselves in the brand.
“We are constantly hearing from Whittaker’s Chocolate Lovers about the high demand for Whittaker’s from friends and family overseas. The new Whittaker’s store will be the perfect convenience for any traveller who is in need of an authentic Kiwi gift.”


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Last year, Google announced the Android Device Manager, a web console that let you see the current location of your Android phone or tablet on a map and remotely wipe it. Last month, Google released an Android app so you could control Android Device Manager from your phone. Awesome as that sounds, what if someone managed to steal your phone, figure out how to unlock it, and then wanted to make your life a living hell by remote wiping all your other Android devices? Sounds horrible, right?
Author Archives: Stefan Constantinescu
HTC’s European website briefly featured a device that hasn’t been announced yet, the Desire 310. What makes the phone special is that it’s powered by a MediaTek chip. Note that Qualcomm owns a small stake in HTC, and just about every HTC product released in the past few years has used Qualcomm silicon. Let’s pretend the Tegra powered One X never happened, OK? Anyway, back to the Desire 310, it has a 4.5 inch 854 x 480 pixel resolution screen, quad core 1.3 GHz chip, half a gigabyte of RAM, 5 megapixel camera, and a 2000 mAh battery.
When smartphones started becoming a thing, no one could have predicted the rapid rise of the mobile gaming market. Large game publishers such as Electronic Arts are frankly stunned at how much money their mobile division is generating, and poor Nintendo, they’re slashing their forecasts. Which brings me to Google Glass. It’s a totally new platform, which means games need to be written for it. One would think that a company like Rovio would be the first to make a game for Glass, but nope, Google went ahead and made their own.
Now that Facebook is a public company, they have to report their financial results every three months. Yesterday night, the company detailed their Q4 2013 numbers. I won’t get into all the details, but I do want to share two numbers. In Q4 2012, basically one year ago, mobile revenues made up 23% of Facebook’s advertising revenues. That number has now more than doubled to 53%. The company’s Chief Financial Officer, David Ebersman, says it best:
“I think it’s inarguable that Facebook is a mobile-first company”
This morning, @evleaks sent out two tweets, each with images, of two specific APK files that are on the Galaxy S5. For those who don’t know what an APK is, think of it as the Android equivalent of an .EXE file on your Windows computer. The two APK files in question are FingerprintService.apk and 3DTourViewer_WQHD_K.apk. Starting with the first one, it’s pretty much confirmation that the Galaxy S5 will have some sort of fingerprint sensor. Whether it’s on the front of the device like the iPhone 5s or on the rear like the HTC One Max, I don’t know.
The bodies of platforms and frameworks are littered across the battlefield of the technology industry. Once upon a time, you couldn’t use the internet without Adobe Flash. Just a handful of years ago, you needed a Windows PC in order to get “real” work done. Today’s signature platform war, Android versus iOS, is pretty much over. Those who can afford to spend $700 an iPhone buy an iPhone, and those who can’t buy an Android device. Windows Phone, BlackBerry, Firefox OS, they don’t count.
According to Korean media, a Samsung employee speaking at a conference where the company talks about their technology roadmap has confirmed that there will be a phone out on the market this year with a 560 pixel per inch display and 2K screen resolution. If you do the math, that means said display will have to measure roughly 5.24 inches on the diagonal. Samsung didn’t specifically say that the Galaxy S5 will be the first phone to use this display, but everyone is expecting that’s exactly what’s going to happen.
Of the four tablets that Samsung announced at CES earlier this month, everyone knew the Galaxy NotePro would end up being the most expensive. It has a 12.2 inch 2560 x 1600 pixel resolution screen, Snapdragon 800, 3 GB of RAM, and a stylus that uses a Wacom digitizer. The thing is, no one could really quantify the price tag since Samsung was keeping that number close to their chest. Today that’s changed. Samsung UK has begun accepting preorders for the NotePro, and they want 649 British pounds. That’s $1080. It’ll ship on February 4th, which is less than a week away.
Picture a Galaxy S4 in your mind. Now take out all the awesome components and replace them with three year old chips that Samsung probably has laying around on one of their factory floors. That’s the Galaxy Grand Neo. You’re looking at a 5.0 inch 800 x 480 pixel resolution screen, quad core (likely ARM Cortex A7) processor, 1 GB of RAM, 5 megapixel camera, and 21 megabit per second 3G connectivity. Samsung thinks you’ll gladly buy those specs for 260 Euros.
Mobile messaging apps are a dime a dozen. Chances are you have at least one installed on your phone, whether that be WhatsApp or Viber or LINE or Google Hangouts. BlackBerry is considered to be the originator of this category with BlackBerry Messenger, but they’ve only recently ported the service over to Android and iOS. Android being Android, BlackBerry couldn’t support every version of Google’s OS at launch, but that’s soon going to change. The company says that at some point next month, they’ll launch a version of BBM that supports Android 2.3 Gingerbread.


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Oracle CEO Larry Ellison is banking on two things for the future growth in the company's applications business: Winning battles among various verticals such as retail and telecom billing and betting heavily on search. Oracle, which reported second quarter earnings earlier today, projected third quarter results in line with current expectations of earnings of 22 cents a share on sales of $4.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
A nw naming convention, XRIs, provides real value for identity on the 'Net.
While I was attending the Churchill Club event, Making a List: Fourth Annual What's Hot and What's Not in Personal Technology, I managed to snag Satjiv Chahil, senior vice president of marketing for HP's Personal Systems Group. I have know Satjiv since his days as a marketing whiz at Apple, Sony and Palm.
Oracle used its fiscal second quarter earnings release to kick around another competitor--BEA Systems. "We continue to gain market share in applications from SAP, in middleware from BEA, and in database from IBM," said Oracle President, Charles Phillips.
In what's expected to be an otherwise so-so second quarter report, Oracle may shed some light on its two-month-old plan to support Red Hat Linux. Oracle reports its fiscal second quarter results after the market closes today and analysts aren't expecting a blow-out quarter with earnings of 22 cents a share on sales of $4.
I have been using Yahoo Mail and MyYahoo since the early days of the Web, before there was a Google. The latest version of Yahoo Mail does a good job of adapting the look and feel of a familiar desktop mail application to the Web.
This week on the Dan & David Show, we look at the year in review and make a few forecasts into the future. What was the biggest story of the year?
Some of the more bizarre events in the computer business in recent memory happened this past year. Join Charles Cooper, Jim Kerstetter, Ina Fried and Michael Kanellos as their Reporters' Roundtable reviews the goofiest technology moves of 2006.
Thanks to blogosphere chatter over the iPhone Apple has a branding pickle. What do you do when the best name for an alleged phone is owned by Cisco Systems?
Headlines of the day: 10 companies where SOA made a difference in 2006 The iPhone is out--it just belongs to Cisco. Gizmodo said it would break the iPhone news and it did--sort of.


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In 2011 BMW had unveiled its M5 sports sedan at the Frankfurt auto show. The car had to win the attention within 50 other production vehicles debuting at the event. Six years later, the automaker decides to choose a different way of promoting its new generation M5. The car has been revealed in a video game.
BMW's strategy, unthinkable only a few years ago, illustrates how the digital era is transforming the way automakers introduce vehicles. The shift has left many of the big international auto shows grasping for answers as brands increasingly connect with consumers through Instagram and YouTube instead.
The Detroit show, already noticeably more sparse and less flashy in recent years, is losing all three German luxury brands for 2019. Mercedes-Benz said in February that it's dropping out, followed by BMW in March and Audi last week."We're reviewing the auto show footprint to say, 'Where does it really make sense, which formats make sense, to get journalists, to get customers, to show and display your vehicles?' " Bernhard Kuhnt, CEO of BMW of North America, told Automotive News. "We're definitely going to invest into other formats as well. The auto show is not the right format only."
For Detroit, losing the three German luxury brands — on top of earlier departures by some smaller manufacturers — threatens to create a domino effect, with fewer journalists deciding to attend and then even more brands reconsidering the investment required to be there.
Even shows that generate huge media coverage must find ways to make participation less costly, given the growing number of lower-cost alternatives for automakers.
In conjunction with a date change, Detroit show organizers intend to work with city and convention center officials to reduce setup time for the show. It currently takes nearly three months, a period spanning three major holidays — thus requiring significant overtime pay for workers.