text:
Blue Ant Media announced on Monday that its music and lifestyle brand AUX has partnered with ad agency Beyond Marketing on Scion Sessions, a series of original music videos by up-and-coming Canadian musicians working with emerging visual artists and filmmakers.
Streaming on the Scion Sessions YouTube channel, the series is sponsored by Toyota’s Scion line.
Blue Ant recently invested in a music-focused MCN called Omnia Media. AUX is promoting the series with brand messages across the company’s YouTube network of channels as well as Facebook, targeting millennial music fans. AUX’s digital editorial team will also publish articles about the featured musicians coinciding with the release of the videos, which will also be broadcast on AUX television following their online release.
“Scion Sessions is an innovative program that establishes credibility and social currency for the forward-thinking car brand and also demonstrates ongoing support for the arts community,” said Ryan Fuss, SVP of media solutions for Blue Ant Media, in a statement.
Image: Screengrab from Scion Sessions music video Bear Mountain “Everybody Wants To Rule The World“


text:
Connect to share and comment
Wenzhou is a small coastal town in China with small business galore, but now loans have dried up and family factories are struggling.
WENZHOU, China — In a city that’s supposed to be the closest thing to paradise for private enterprise in China, the mood is surprisingly grim.
After years of easy loans and cheap labor, small-business owners in this prosperous coastal city of 9 million say they are facing strong headwinds: slowing export growth, rising worker costs and a drought of loans for anyone but the biggest businesses.
More from GlobalPost: China could trip on breakneck growth
With 400,000 privately owned firms, Wenzhou has long been renowned in China for its high concentration of entrepreneurs. To picture it, think less Silicon Valley and more late 19th-century Trenton, New Jersey.
Wenzhou is a sprawling, low-slung city dotted with thousands of small, family-owned factories that manufacture astonishing quantities of everything from buttons and bags to shoes, statues and eyeglasses — more glasses than any place in the world, in fact.
But all that could be shifting fast, as economic trends in China and the outside world have put Wenzhou’s small-business community under pressure.
Consider Zheng Pei Shen, 32, a slight, stylish man whose family owns and operates a small textile firm in Wenzhou. For the last five years, he and several relatives have built up a business exporting colorful, synthetic-leather coats to the Ukraine. But their hopes to scale up the factory have been thwarted by a lack of ready funds.
“If you have connections, you get things done. If you don’t, you can do nothing.” he says.
Lending in Wenzhou has dried up severely since a loan crisis rocked the city last fall.
More from GlobalPost: Wenzhou's warning sign for Chinese economy
Whereas small businesses could once easily get loans from the city’s bustling “shadow banking” sector, a rash of defaults and suicides by debt-ridden businessman has caused the system to collapse.
“Shadow banking” here involved private lenders who illegally — though sometimes with government officials’ involvement — loaned money to small or medium-sized businesses at high interest rates. Many firms in Wenzhou used this underground financing because commercial banks typically loaned only to state-owned companies or huge corporations.
But the shadow-banking loans turned out to be hugely risky — both for lenders and borrowers. In one case, a businesswoman named Shi Xiaojie was caught trying to flee the city to avoid her debts of over $125 million. In another, a well-known shoe manufacturer jumped off a 22-story building when he could no longer find financing to stay afloat.
Since then, despite Beijing’s attempt to create a pilot program allowing Wenzhou’s underground lenders to register as banks, small-business owners say it is still extremely difficult to get capital.
Lack of funds is not the only thing preventing the Zheng family factory from expanding. Like many others in Wenzhou, their factory is small, with 100 workers spread out over several rented rooms in a dingy side street that rings with the sounds of hammers and sewing machines. The facilities are ramshackle, with low ceilings, wooden stairs, and no marked fire exits, despite the fact that Pei Shen and his brother, Zheng Pei Tao, smoke constantly.
“It’s informal in every aspect,” Zheng Pei Shen admits, gesturing at the piles of coats on the floor.
In order to improve the facilities, they want to purchase their own land, but the authorities rejected their application.
“The government won’t approve us,” says Zheng Pei Shen. “It’s impossible for a factory of this size to buy land.”
Because of economic tremors in Europe, this year has been a down one for the Zhengs. In previous years, their sales have hit as high as 40 million yuan ($6.3 million). Over half of that business comes directly from the Ukraine, with most of the rest coming from Eastern Europe.
The older brother, 35-year-old Zheng Pei Tao, spends 11 months of the year in the Ukraine handling sales. He hired a private tutor to learn Russian, and hawks their jackets at an open-air wholesalers’ market in Odessa. When they reach consumers, he says, the jackets ultimately sell for $30 apiece.
Dependent as they are on exports, the Zhengs closely watch the value of the yuan. In the long run, they expect that the Chinese currency will continue to rise, cutting into their overseas orders, so in the meantime they are trying shift strategically toward China.
Over the last year, a

domain: news


text:
INTERNATIONAL CURRENCY BUZZ :
- FOREX -Yen edges higher as Fed uncertainty pressures dollar
- FOREX -Dollar index wallows close to 3-week low on Fed uncertainty
- FOREX -Australian, New Zealand dollars turn lower after rally
The euro eased back from three-week highs against the dollar on Tuesday after data showing that German economic sentiment deteriorated to the lowest level in a year this month. EUR/USD was last at 1.1372, down from highs of 1.1410 ahead of the report. The ZEW Centre for Economic Research said its index of German economic sentiment fell to 1.9 this month from 12.1 in September, well below economist’s forecasts for a reading of 6.0.It was the sixth consecutive monthly decline.A separate index, measuring current conditions dropped to 55.2 from 67.5 points in September, compared to expectations for a drop to 64.7.“The weakening economic development in emerging markets dampens the economic outlook for Germany’s export-oriented economy,” ZEW President Clemens Fuest said in a statement.“While economic growth in the second quarter was largely driven by external demand, it is becoming less likely that exports will stimulate growth in the near future.”
The pound weakened broadly on Tuesday after data showed that U.K. inflation turned negative again in September, while the Australian and New Zealand dollars also fell after weak trade data out of China. GBP/USD was down 0.66% to 1.5258 after hitting three-week highs of 1.5388 earlier in the session.The drop in sterling came after the Office for National Statistics reported that the consumer price index fell by 0.1% in September from a year earlier, after a flat reading in August.The weak inflation data dampened expectations for higher interest rates from the Bank of England.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was near three-week lows at 94.81.Investors were looking to U.S. economic reports on retail sales and inflation later in the week for further indications on the possible direction of monetary policy.
- BUY GBP/USD ABOVE 1.5270 TARGET 1.5290 1.5330 SL 1.5240
- SELL GBP/USD BELOW 1.5210 TARGET 1.5190 1.5160 SL 1.5240


text:
Nollywood IP lawsuit launched
VALUE ADDED SERVICES| July 15, 2012, 9:55 a.m.
iROKO, a Nigerian entertainment distribution firm, is taking legal action against Afrinolly, a mobile movie app.
iROKO says Afrinolly has been streaming its Nigerian movies and trailers without content distribution authorization from iROKO.
Afrinolly, which has won the African Android app developer challenge, claims almost half a million downloads in under ten months. Earlier this month, MTN announced a partnership with Afrinolly.
iROKO Partners, whose iROKO TV holds rights to over 5,000 Nollywood movies, says it has invested heavily in purchasing the rights to Africa entertainment content. It is claiming over USD600,000 in compensation from Afrinolly, stating that the mobile firm has misrepresented itself to handset manufacturers and telcos.
iROKO also wants Afrinolly to remove all illegally sourced iROKO content from its channels.
Jason Njoku, CEO of iROKO Partners, said: “In an industry that is rife with misrepresentation, piracy and copyright infringement, we are left with no option but to begin legal action against Afrinolly, who have been illegally building their business on our content.
“We spend millions of dollars legally buying and organizing Nigerian content and hundreds of thousands of dollars every year in combating piracy and ensuring movie producers are remunerated properly for their content. It is simply unacceptable for Afrinolly to steal their work and profit from it.
It has caused great harm to our Nigerian-based content providers and has placed great strain on the delicate balance and ecosystem that exists. Afrinolly, since its inception, has never bother to even discuss with us or other content owners and has definitely not remunerated anyone to date.”
“We have been approached by a number of Nollywood producers, who have expressed dismay that their movies are being exploited. As part of our commitment to the lifeblood of the industry, the producers, we see no other means than to seriously consider our options, look at how we can manage the damage done to our reputation and bring this extraordinary mass copyright infringement to a swift conclusion,” he said.
MORE VALUE ADDED SERVICES NEWS
Smart wearables market to generate $53bn hardware revenues by 2019New findings from Juniper Research revealed that the global retail revenue from smart wearable devices will treble by 2016, before reaching $53.2 billion by 2019, compared to the $4.5 billion expected this year. Read More
MFarmer SMS redefines market access for Ugandan farmersUgandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures. Read More
University of Yaounde I adopts MTN Mobile MoneyMTN Cameroon has signed a partnership agreement with the University of Yaounde I for the use of the MTN Mobile Money solution by students for their financial transactions with the university. Read More
Agents say Glo Xchange will empower NigeriansAgents of Nigeria’s super mobile money agent network, Glo Xchange have commended Globacom for the platform which is aimed at deepening financial inclusion and promoting Nigeria’s electronic payment system. Read More
Tigo Tanzania launches mobile money savings serviceMillicom-owned Tigo Tanzania has launched Tigo Wekeza - “Tigo Invests” - the world’s first mobile money service that allows customers to earn automatic returns on their balance. Read More
MasterCard, Apple to Integrate Apple Pay Cardholders for mobile paymentApple has unveiled Apple Pay that will enable MasterCard cardholders to use their iPhone 6, iPhone 6 Plus and Apple Watch for everyday purchases. Read More
MTN partners with Skrill to enable global digital payments for mobile moneyMTN and Skrill have announced a partnership agreement focused on helping MTN subscribers to take part in the global digital revolution by being able to use funds in their mobile wallets to buy from global internet brands integrated into the Skrill network. Read More
Tigo Cash users can now buy airtime for other networksRegistered users of Tigo Ghana’s Mobile Financial Service, Tigo Cash, can now purchase airtime for other networks for their friends and family in real time. Read More
Mobile banking gains ground in DRCMobile banking is experiencing phenomenal growth in the Democratic Republic of Congo (DRC). Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHNIG President speaks his mind
Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.


text:
Priceline Updates App for iOS7
Priceline.com just launched a newly redesigned iPhone app to better take advantage of the changes Apple implemented in iOS7.
Some of the new features and improvements in the app include:
- The visuals more closely match the look and feel of iOS7, with coloring, design, and font changes. The app also takes advantage of Apple’s parallax scrolling technology.
- Maps are zoomable and include more details about the hotel and its services.
- Checkout screens are faster, with simplified browsing paths and fewer required fields.
“Within iOS7, the Priceline app is able to strip away earlier ‘boxy’ looks and extra screens to create a visually engaging experience where travelers have all the necessary information in front of them, even on a small screen, and can effortlessly make travel plans and book their reservations,” said John Caine, Chief Product Officer of Priceline.com.
The app is available for download in iTunes now – just in time for the holiday travel season!
Ocean Media has provided media buying and media planning services for Priceline.com since the travel giant launched more than 14 years ago. You can learn more about Priceline in the following commercial from our media buying campaign:


text:
Queen Letizia of Spain, 49, stepped out in Majorca on Wednesday wearing a stunning pair.
Blade Runner was released in 1982 (Image: Getty) The initial release of the iconic Harrison.
A refurbished phone has had a previous owner but it’s resold by a network, manufacturer.
The cost of living crisis is continuing to hit many Britons hard in the pocket,.
Beyond the immediate costs of a data breach, almost half of the total costs occur.
Former Chancellor Rishi Sunak announced a new wave of cost of living payments to help.
Earlier this year, the previous Chancellor Rishi Sunak announced a wave of new financial support.
The UK’s cost of living crisis is an unfortunate product of a mixture of financial.
“We are regularly advising residents who don’t pay by direct debit to complete a short.
Some eight million people will receive up to £1,200 in cost of living payments from.


text:
The world's biggest music group has agreed a deal to make its catalogue available on a free legal downloads service aiming to rival iTunes.
Universal Music's tracks will appear on SpiralFrog, which is set to be launched in the US and Canada in December. The service will make money from adverts on its site rather than charging people to download music.
American internet users currently pay 99 cents (52p) per song on iTunes.
"Offering young consumers an easy-to-use alternative to pirated music sites will be compelling," SpiralFrog CEO Robin Kent said.
"SpiralFrog will offer those consumers a better experience and environment than they can get from any pirate site."
According to the International Federation of Phonographic Industries (IFPI), 60 million MP3 players were sold last year and 420 million single tracks were downloaded during the year.
That figure is up to 20 times higher than it was two years ago.
But for every legal download, it is estimated that 40 are done illegally.
Mr Kent said the company's research revealed that consumers were "more than willing" to effectively pay for their content by watching "non-intrusive, contextually relevant, targeted advertising".
SpiralFrog's target audience, people between 13 and 34, was an advertiser's dream, he added. He said users would benefit from downloads that were free from viruses or spyware.
"We want to provide the best environment for everyone - our partners and the recording artists, as well as consumers," Mr Kent added.
"Piracy continues to be one of the biggest issues facing the music industry where illegal file sharing and unauthorised CD burning are the prime means.
"Digital rights protection will help us combat piracy and provide peace of mind for record labels and artists."


text:
The UK supermarket chain Tesco has admitted testing controversial technology that tracks customers buying certain products through its stores. Anyone picking up Gillette Mach3 razor blades at its store in Cambridge, in the east of England will have his or her picture taken. \nThe London-based Guardian newspaper, alerted by Katherine Albrecht, director of US-based Consumers Against Supermarket Privacy and Invasion and Numbering, to the use of the smart electronic tags, has found that tags in the razor blades trigger a CCTV camera when a packet is removed from the shelf. \nA second camera takes a picture at the checkout and security staff then compare the two images, raising the possibility that they could be used to prevent theft. \n"Customers know that there are CCTV cameras in the store," said a spokesman for Tesco. He went on to insist that the aim of the trial was to provide stock information and not security, but the manager of the Cambridge store, Alan Robinson, has already described how he presented photos of a thief to police. \nThe trial uses radio frequency identification (RFID) in which tiny chips can communicate with detectors up to 20ft away. The chip can then return information -- anything from a unique serial number to more complex product details. Or, as in Tesco's case, it could trigger a camera. \nRetailers have hailed the technology as the "holy grail" of supply chain management but civil liberties groups argue that the so-called "spy chips" are an invasion of consumers' privacy and could be used as a covert surveillance device. \nThe technology is mostly used to track batches of products through the supply chain. \nBut manufacturers want to go a step further and tag each individual product: everything from yoghurt pots to clothes. \nOne potential problem with RFID tags is that they can still work long after the product has been bought. \nIf the tags become as ubiquitous as the manufacturers would like, people could be bristling with the chips in clothes and possessions. Anyone from police to potential thieves could work out exactly what they carry. \nManufacturers, however, insist that the chips can be disabled at the point of sale. \n"You can disable the tag by erasing the data on it and this can be done at the checkout," said Jon Parsell of UK-based RFID Components, which supplies RFID systems to retailers. \nTransport for London (TfL) is also using RFID-style chips in its new Oyster smart cards to allow users to travel around the tube network. The intention is that registered users will have information such as their names and addresses stored on the cards, which would eventually replace season tickets. \nA spokesperson for TfL said that the entry and exit points of each journey made by Oyster users were recorded and that, technically, it would be possible to track people through the tube network. \nNicole Carroll, marketing director for TranSys, the consortium responsible for implementing the system, told reporters that all the journeys made by a user would remain stored in a central computer for the lifetime of the card. \nBarry Hugill of the civil liberties lobby group Liberty expressed concern about "function creep" -- information recorded for one purpose and used for another. \n"We want quite clear legal guidelines as to what information companies, government agencies, local authorities are allowed to glean [and] what they can do with it," he said.
PLANNED OUT: The government is lifting sale and export restrictions on 60% of the 20 million masks made daily, but people can still make purchases using their NHI cards Twenty thousand boxes of 50 masks each would be on sale at FamilyMart convenience stores starting tomorrow, Taiwan FamilyMart Co Ltd (全家便利商店) said yesterday. A box of 50 masks would cost NT$249 for those with FamilyMart memberships and NT$299 for those without, with no limits placed on how many boxes a person can buy, the company said. Convenience store chain operator Hi-Life International Co Ltd (萊爾富) said that it would also start selling masks from tomorrow. It has yet to announce details about prices and quantity. Hypermarket chain operator Carrefour Taiwan (家樂福) said that it would start selling packs of five
BOOSTING BUYING: A source said that the idea of pre-ordering vouchers online is being considered, but the preliminary plan is for people to buy them at post offices A stimulus voucher program to be rolled out next month to boost consumption would be available not only to Taiwanese, but also foreign nationals and Chinese spouses who hold residency permits, a source familiar with the matter said yesterday. The government is fine-tuning the details of the program, which involves issuing vouchers for in-store purchases to revive buying amid the COVID-19 pandemic. During a radio interview on Monday last week, National Development Council (NDC) Minister Kung Ming-hsin (龔明鑫) said that the plan is to allow anyone, regardless of age or income level, to buy NT$3,000 (US$99.89) worth of vouchers for
Taiwan High Speed Rail Corp (THSRC, 台灣高鐵) is expected to recover quickly from the effects of COVID-19, as life returns to normal and thanks to the government’s domestic travel incentives, Yuanta Securities Investment Consulting Co (元大投顧) said in a note on Friday. THSRC’s business might have bottomed out after revenue fell 49.83 percent year-on-year to NT$2.03 billion (US$67.59 million) in April, the lowest in nearly 10 years, while combined revenue in the first four months dropped 26.44 percent to NT$11.63 billion, as the COVID-19 outbreak reduced ridership, the investment consultancy said. “The worst should be over in April as domestic tourism
Delta Electronics Inc (台達電), the nation’s leading power management solutions provider, has signed an agreement to acquire Canadian software firm Trihedral Engineering Ltd to bolster its smart production efforts, it said on Saturday. Delta said in a statement that it would acquire Trihedral for C$45 million (US$32.68 million) through its 100 percent-owned subsidiary Delta Electronics (Netherlands) BV. Trihedral specializes in supervisory control and data acquisition (SCADA) and industrial Internet of Things software, which would strengthen Delta’s hardware offerings in fast-growing areas such as automation, artificial intelligence and data analytics, it said. “The collection, monitoring and analyzing of data are critical to Delta’s two


text:
The online video service announced Tuesday it will expand into 43 countries in Latin America and the Caribbean, giving investors another reason to bet on its long-term growth.
The move means Netflix has access to a brand new avenue for profit, instead of focusing solely on the developed North American market.
The announcement pushed Netflix shares up about 8% Tuesday. Netflix's phenomenal 1,000% price jump since 2008 - 68% this year alone - has short sellers in a frenzy, thinking the company must be due for a significant pullback.
But as we told you in May, those doubters should reconsider their stance.
Netflix has revolutionized the way people watch movies, and is transforming the way people watch TV. Now it's implementing its media innovations on a worldwide scale.
Netflix joins the growing group of U.S.-based companies like PepsiCo Inc. (NYSE: PEP) and General Motors Co. (NYSE: GM) in targeting emerging-market growth, and analysts say the ventures will pay off.
"I like the fact that Netflix is growing aggressively into emerging economies because that's clearly where the spending patterns show money is going to be," said Money Morning Chief Investment Strategist Keith Fitz-Gerald. "I think the latest estimates show that there's more than $1 trillion expected to flow into developing economies this year."
The international move is part of Netflix's global strategy to enter markets ahead of rivals Google Inc. (Nasdaq: GOOG), Apple Inc. (Nasdaq: AAPL) and Hulu LLC, which are making more efforts to compete in Netflix's market.
"Our long-term goal is to have a worldwide service at some point," the company said earlier this year.
Netflix's global growth is successfully outpacing the competition, exactly in line with its mission.
"Our competitive strategy relative to other streaming services is simply to grow as fast as we can, so we can afford more content, more marketing, and more R&D than our competitors," the company report in its first-quarter earnings report.
Netflix ventured into Canada last year, and has indicated it could move into two international markets a year starting in 2012. The Latin American push is a huge second foreign venture for the company, offering a subscriber base of 215 million, compared to 245 million in the United States.
"I think generally people were expecting a launch in one country and this was a whole region," Atul Bagga, an analyst at Think Equity, told Reuters. "I think that there is a lot of room for growth in these markets."
Credit Suisse Group AG (NYSE ADR: CS) Senior Analyst John Blackledge told The Wall Street Journal that the new region has a sizable chuck of potential customers. Brazil, Mexico and Argentina alone have nearly 35 million broadband subscribers, he said, compared with 10 million in Canada.
"They're going to roll out in international markets faster than investors think," said Blackledge.
The new subscribers in Mexico, Central America, South America and the Caribbean will be able to access shows and movies later this year, choosing from Spanish, Portuguese and English viewing options.
By targeting regions with active consumers, the company can maintain the rapid growth pace it's had this year. Netflix added 3.3 million subscribers in this year's first quarter, bringing its total to 23.6 million in North America alone. That's more than Comcast Corp. (Nasdaq: CMCSA, CMCSK), whose cable-subscriber ranks shrank by 39,000 to 22.76 million during the same three-month stretch.
The added users boosted first-quarter profit by 87% and revenue 46%.
Fitz-Gerald said the company should also consider expanding into the region that has helped the profit growth of companies like U.S.-based McDonald's Corp. (NYSE: MCD).
"I would rather see Netflix expand into Asia, which generally has stronger economies and stronger currencies, as a means of diversifying its revenue," he said.
Netflix hasn't just advanced its international connections this year. It has cultivated strong working relationships with network executives, who will only get happier with the company as it becomes a bigger global machine. Television networks once scorned the company as an enemy, but they've become converts - even disciples - since they've realized Netflix's ascension is unstoppable.
Now that Netflix has extended its global reach, it has to continue cutting content deals to avoid slowing its hot streak. Its ability to continue providing quality material for subscribers will be key to maintaining the share price.
"As to whether Netflix is overpriced or not, I think the secret remains in its earnings stream, specifically in its content, and how fast that company can maintain growth in the face of copyright protection and other things that have historically been limiting factors," said Fitz-Gerald.
Netflix Inc. shares gained $1.46 yesterday (Thursday) to close at $292.42.
News and Related Story Links:
- The Wall Street Journal:
Netflix to Enter Latin America
Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter
Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…


text:
The nanny state is back.
Labour frontbencher Wes Streeting has launched an angry attack on food companies over so-called “ultra-processed foods”. Streeting, who is Keir Starmer’s shadow health secretary, has made clear his intention to introduce a raft of new anti-obesity measures in an effort to tackle ultra-processed foods, even though no one seems able to define what they are.
According to campaigners, ultra-processed foods – or UPFs – include crisps, bread, ham, sausages, biscuits, ice cream, soup, and yoghurt. In other words, they are normal, everyday foods we all eat. But Wes Streeting and his colleagues insist these innocuous foods are causing an obesity crisis in Britain and we all need to give them up. Enter the nanny state.
The array of nanny-state policies Labour want to impose are mind-boggling. They include a junk food advertising ban, supposedly designed to protect children from ads for unhealthy foods. Boris Johnson binned that policy in 2022 after he realised it would have next to no impact on kids’ calorie intake. The government’s own research found it would remove just 1.7 calories each day from children’s diets. That’s the equivalent of about half a Smartie.
The other problem with the ‘junk food’ ad ban is it would include lots of foods which are not actually junk food, and which are perfectly healthy as part of a balanced diet. For instance, honey, mustard, yoghurt, and tinned fruit all fall under the official definition of junk food because they are high in fat, sugar, or salt. When we talk about ‘junk food’, we think of fatty burgers and greasy fried chicken – not normal, everyday essentials from the shop. But in Nanny State Britain, common sense goes out the window, and somehow honey, yoghurt, and fruit all become ‘junk food’.
Wes Streeting’s war on the UPFs won’t stop with the junk food ad ban. He also wants to commandeer Frosties mascot Tony the Tiger to flog fruit and veg to kids. The cartoon mascot, invented by Kellogg’s to sell breakfast cereal, is one of the best-known food advertising icons in the world. In Streeting’s eyes, the government should weaponise it.
“Why don’t we take the principle that’s been used to flog junk food, and instead apply it to healthy options for children and young people?” said Streeting at a nanny conference recently. It goes without saying that anyone who thinks the best way to reduce obesity is to have the government use a cartoon mascot to sell vegetables to children should not be taken seriously.
The reason Tony the Tiger is so successful is because kids love to eat Frosties. Labour complains that the cereal contains sugar, but so what? Everyone needs some sugar in their diet, even children. There is absolutely no evidence to suggest using cartoon tigers to get kids to eat more veg and cracking down on breakfast cereals will make children healthier and reduce obesity.
Nanny state policies have never succeeded in reducing obesity and there is no reason to think this time would be any different. This is the opposite of evidence-based policymaking. It’s feel-good nanny-state virtue-signalling above all else.
Streeting seems to believe we are all innocent victims of a stitch-up by the food companies. He suggests food advertising ‘manipulates’ us into eating unhealthily, implying the government should step in to protect us from food ads. “As citizens we are highly manipulated by the marketing that’s thrown at us,” he says. “Certainly in terms of children, parents will experience the ordeal of going around the supermarket and being tugged down [by children] to get that KitKat cereal or chocolate bar.”
This attitude is the crux of the problem. People don’t buy sugary and fatty foods because they have been ‘manipulated’ by advertising. They buy them because they taste nice. This is something Streeting and his ilk will never understand. People are capable of making their own decisions, without the government holding their hand. Perhaps not everyone makes the same choices about their diets and lifestyles as Wes would, but that does not give him the right to make them for us.
Britain does not want a new nanny state. Streeting would do well to focus on reforming the NHS and fixing social care, which are areas where the government can make a real difference. He should steer clear of nanny-state nonsense, else his party will suffer at the ballot box.


text:
Tesla used to be the main supplier of components and batteries to Mercedes-Benz for its B-Class Electric Drive. However, the relationship between the two ended last year, after which Mercedes went on to find a new supplier. Luckily, it has finally found one strong contender.
Tesla still ramping battery production
As reported by the Korea Times, a deal has been signed between the Teutonic automaker and battery manufacturer SK Innovation for installation of the Korean company’s battery cells in the next-generation Mercedes-Benz electric vehicles.
Speaking to the Korea Times, an SK Innovation official said, “With our battery cells, the German premium carmaker plans to expand its clean-energy EV lineup in full scale.”
Clint Carlson's Carlson Capital Double Black Diamond fund returned 3.34% in August net of fees. Following this performance, the fund is up 8.82% year-to-date net, according to a copy of the firm's August investor update, which ValueWalk has been able to review. On a gross basis, the Double Black Diamond fund added 4.55% in August Read More
There has been no comment from Mercedes-Benz about the report.
SK Innovation is facing tough competition from Samsung SDI and LG Chem. To meet the growing demand for batteries, SK doubled its production last year. Mercedes will bring demand and money to the company.
Though Tesla’s batteries will no longer be used in Mercedes-Benz vehicles, the electric car manufacturer intends to expand the production of its batteries, for which it is setting up its gigafactory in Nevada. Earlier, Mercedes-Benz’s parent company Daimler had a 9.1% ownership in Tesla, but it sold off all those shares in 2014.
Model 3 has to succeed
Tesla announced that on Mar. 31, it will unveil the Model 3, which is said to be the most affordable electric car from the automaker to date. On the very same day, the company will begin accepting reservations for its mass market car. The vehicle will start at $35,000 (excluding incentives), and deliveries will begin in late 2017.
Trefis estimates that over 30% of Tesla’s valuation is derived from the revenue the Model 3 will generate. Thus, it is very important for the company that this vehicle succeeds. At the end of 2016, General Motors plans to launch its Chevy Bolt, which is believed to be a direct competitor to the Model 3. GM’s Chevy Bolt could threaten Tesla’s ability to succeed in the mass market.
On Thursday, Tesla shares closed down 1.13% at $166.77. Year to date, the stock is down by almost 31%, while in the last year, it is down by over 18%. The stock has a 52-week high $286.65 and a 52-week low of $141.05.


text:
Gartner: Welcome to Year of Big Data
Updated · Mar 13, 2013
Big Data may have been making big headlines — and sparked more than a few multimillion-dollar deals — in recent years, but according to Gartner, 2013 is the year that Big Data activity will kick into high gear.
In a global survey of IT leaders, the research firm discovered that 42 percent of respondents have invested in technologies that support Big Data or have plans to do so within a year. According to Gartner research vice president Doug Laney, such a healthy rate of adoption suggests the industry is making headway in demystifying Big Data.
“Organizations have increased their understanding of what Big Data is and how it could transform the business in novel ways,” said Laney in statement.
Enterprises are waking up to the potential of Big Data technologies, asserts Gartner. In some cases, it may be one of the few paths left open to them in their quest for bigger and better business opportunities.
“They turn to Big Data technology for two reasons: necessity and conviction,” said Gartner. Essentially, organizations are running into the limits of traditional data sources and business intelligence applications.
Hype plays into it, too. And when a big IT outfit like IBM starts sniffing around, it’s hard for the industry not to take notice.
Last year, Big Blue raised eyebrows by snapping up Big Data specialists at a fast clip. Notable acquisitions included Vivisimo, a maker of federated discovery and navigation software for Big Data analysis, and Varicent, a sales data analytics specialist. In December, IBM parted with a cool $1.3 billion to acquire Kenexa, a cloud-based human capital management (HCM) specialist, to help fold HCM into the company’s analytics portfolio.
Despite the pressure placed on the industry by high-profile moves like these, Gartner research vice president Frank Buytendijk suggests the market is still young and wide open.
“This makes IT and business leaders worry that they are behind competitors in launching their Big Data initiatives. Not to worry, ideas and opportunities at this time are boundless, and some of the biggest Big Data ideas come from adopting and adapting ideas from other industries,” said Buytendijk.
Navigating the Big Data technology landscape remains a challenge, but organizations are starting to figure things out. Gartner predicts that by 2015 “20 percent of Global 1000 organizations will have established a strategic focus on ‘information infrastructure’ equal to that of application management.”
Pedro Hernandez contributes to Enterprise Apps Today, and 11Press, the technology network. He was previously the managing editor of Internet.com, an IT-related website network. He has expertise in Smart Tech, CRM, and Mobile Tech, Helping Banks and Fintechs, Telcos and Automotive OEMs, and Healthcare and Identity Service Providers to Protect Mobile Apps.


text:
DAVE THOMAS, the founder of the Wendy’s Company, was adopted at six weeks old, so it was fitting when the hamburger magnate started the Dave Thomas Foundation for Adoption in 1992.
Since his death in 2002, Wendy’s has continued to support the foundation with donation canisters at its cash registers and with charity golf tournaments, but in an era when brands trumpet their philanthropy to strike a chord with consumers, Wendy’s has been comparatively low-key. For example, Wendy’s home page had no reference to the foundation early this week.
But now the company is putting adoption front and center, with a national ad campaign and an adoption hub on its website.
A new commercial opens with scenes of comforting familial situations, like a mother cuddling two boys in a bed and a father and mother flanking their daughter on their front stoop.
Wendy Thomas, whose father named his first hamburger restaurant after her when he opened it in 1969 (she was 8), is at first an unseen voice-over and then appears, her red hair reminiscent of the pigtailed girl in the company’s logo, strolling through a Wendy’s restaurant.
“Every child deserves a hug before bedtime, a place to call home,” Ms. Thomas says. “Wendy’s dream is to help every child waiting in foster care find the loving family they deserve.”
The spot closes with her telling viewers to visit the new adoption section on the website, with the address appearing on an end card. The commercial, which is by Publicis Kaplan Thaler in New York, part of Publicis Worldwide, with direction by Brett Froomer, will be introduced Monday.
Michael Towell, an executive creative director at Publicis Kaplan Thaler, said that adopted children and adoptive parents were featured in the commercial, and that while the shared moments it depicts may at first seem common, they are precisely what children pine for in foster care.
“There’s a big difference between being a child and having a childhood,” Mr. Towell said. “We wanted to bring to life this idea of adoption and to emote in a genuine and authentic way.”
Craig Bahner, who joined Wendy’s as chief marketing officer in 2012 after 20 years at Procter & Gamble, said that while the chain had been successful in raising money for the foundation, more could be done to raise awareness and tie it to the cause.
“You walk into a restaurant today and there’s a canister there and you can put in some spare change, and millions of dollars have been raised that way,” said Mr. Bahner, an adoptive parent. “But we haven’t done it in a holistic way that could really drive awareness, and that really educates consumers about why it’s important and why it matters to us.”
Wendy’s, which declined to disclose advertising expenditures for the effort, spent $215.4 million on advertising in the first nine of months of 2013, and $268.8 million for all of 2012, according to Kantar Media, a unit of WPP.
The new microsite for the effort, which will be fully functional Monday, will include a video with examples of children in foster care being adopted, adoption statistics, links to the foundation site and fund-raising promotions from Wendy’s. In a current promotion, a Frosty key tag can be bought for $1, with all proceeds going to the foundation, and flashing the tag through August entitles consumers to a free junior-sized Frosty when they buy something else.
The Dave Thomas Foundation for Adoption awards grants to adoption agencies to hire adoption recruiters who are primarily focused on children in foster care who have had the most difficulty being matched to adoptive families, often because they are older, have mental or physical health issues, or have siblings and need to be adopted collectively.
Carol Cone, global practice chairwoman of the business and social purpose practice at Edelman, the public relations firm, said Wendy’s was wise to spotlight the adoption foundation more than in the past.
“What Wendy’s is recognizing is that in an ever more transparent society, consumers are asking, ‘What do you stand for beyond just selling me food?’ ” Ms. Cone said.
She noted that Jockey International, the underwear and apparel brand, also finances the issue through its Jockey Being Family Foundation, which provides support and services to families in what can be the difficult period after an adoption.
“Both companies are dealing with a tougher part of the issue, and they’re doing it in an authentic way,” she said. “Keeping with it over the years and going deeper and more extensive, that’s the way you break through.”
In 2012, according to an annual study by Edelman, when quality and price were equal, 53 percent of consumers ranked a brand’s purpose-driven activities as a deciding factor in purchasing, up from 42 percent in 2008. That, rather than a windfall, is exactly what Wendy’s aims to gain.
“It’s very important that people know that there’s more to you than just selling cheeseburgers to make a buck,” Mr. Bahner said. “We’re not setting out to grow our sales by 5 percent by doing this, but this is a great cause, and people will think more favorably of our brand, so maybe we’ll win a tiebreaker.”


text:
Kenworth of South Florida – Riviera Beach has opened a new parts and service location with eight service bays and a larger parts department than at its previous location.
The new Kenworth of South Florida – Riviera Beach dealership is located at 3777 Interstate Park Road West in the West Palm Beach area. It is less than a quarter mile southeast of Exit 76 on U.S. Interstate 95.
The facility offers nearly 2,000 square-feet of parts display and storage well-stocked with quality Kenworth proprietary and TRP all-makes parts. The location also offers parts delivery.
Kenworth of South Florida – Riviera Beach is part of the Kenworth dealer network of more than 345 locations in the United States and Canada.


text:
A raft of products launched at Fespa
PrintWeek's Rahul Kumar, spots key trends from Fespa which kicked off at the RAI exhibition centre in Amsterdam.
15 Oct 2021 | By PrintWeek Team
On 12 October, the four-day Fespa, as well as the co-located speciality print and signage show European Sign Expo 2021, opened to visitors.
Canon showcased the new IJC358 UV LED inkset which it is showing for the first time at Fespa. Canon has also used Fespa to host a raft of live international show debuts which include the Colorado 1630 and Arizona 135 GT printers.
EFI Reggiani has launched an industrial, entry-level textiles printer. The Terra Silver uses unique Terra pigment ink for high-quality, highly sustainable direct-to-textiles printing without steaming or washing. EFI Reggiani has also launched a number of other digital textiles printers during 2021, including the Reggiani Hyper, which is available in widths of 1.8m, 2.4m, or 3.4m, the single-pass ultra-high-speed Reggiani Bolt, and the industrial entry-level Reggiani Blaze.
Meanwhile Kongsberg Precision Cutting Systems (Kongsberg PCS) has agreed a new partnership with software supplier PrintFactory, with an integrated production suite specifically tailored for Kongsberg cutting tables. Kongsberg PCS is also showcasing a range of its latest digital finishing innovations at Fespa this week, including its May-launched compact C20 high-speed production table together with the VariAngle Tool.
Roland DG's entry-level VersaStudio BN-20A inkjet printer-cutter was unveiled at Fespa. Other devices on display at the Roland DG stand are the VersaUV LEF2-300 printer, CAMM-1 GR2-640 vinyl cutter, TrueVIS VG2-640 printer-cutter and VF2-640 large-format inkjet printer. The company is also showcasing PersBiz, Roland DG’s digital webshop which is aimed at helping print providers to start selling online and provide personalisation options to consumers.
The highlights at this year’s event, which is running with the theme ‘Bringing Colour Back’, include the Printeriors collection of bespoke interior decor applications, and World Wrap Masters Europe 2021 – the European leg of the vehicle wrap competition.
The show concludes today (15 October) - and has a whole host of Covid-safe regulations in place to minimise the risk to visitors.


text:
SAN FRANCISCO, October 18, 2021 / PRNewswire / – Global Automotive Semiconductor Market Size Expected to reach $ 63.92 billion by 2028, according to a new report from Grand View Research, Inc. The market is expected increase at a CAGR of 6.2% from 2021 to 2028. The growing attention to vehicle safety systems and a significant increase in the adoption of engine control units (ECUs) in modern automobiles is expected to drive the demand for automotive semiconductors. In addition, emerging technologies such as 5G and IoT are expected to play a key role in increasing the demand for automotive semiconductors. In addition, electric vehicles and all levels of driver assistance technologies are expected to create significant growth opportunities over the next eight years.
Main lessons and findings:
- In 2020, the other components segment, which includes analog integrated circuits and logic integrated circuits, accounted for the highest share, as logic integrated circuits are widely used in navigation and infotainment systems.
- In terms of vehicle type, passenger vehicles have emerged as the dominant segment in 2020 and are expected to retain their dominance during the forecast period.
- Telematics and infotainment segment is expected to grow at the highest CAGR of over 9.0% during the forecast period and is expected to hold a dominant share by the end of the forecast period.
- The Asia Pacific the market has emerged as the dominant region in 2020 and is expected to register the highest CAGR during the forecast period
Read the 101-page market research report, “Automotive Semiconductor Market Size, Share and Trend Analysis Report by Component (Processor, Sensor, Memory), Vehicle Type (Passenger Vehicle, LCV, HCV), by Application, by Region and segment forecast, 2021-2028“, by Grand View Research.
Electrification in the automotive industry is developing rapidly due to the growing need to reduce carbon emissions. Recognizing the importance of business opportunities for electric vehicles, several manufacturers are increasingly investing in smart technologies, electronics and security systems. Such electric vehicle components include semiconductors equipped with advanced technologies to enhance the functionality of intelligent electronics. For example, the application of impact sensors, MEMS accelerometers, MEMS gyroscopes, inertial sensors, tilt sensors and MEMS microphones for rollover detection, electronic braking, dynamic head lighting, inertial navigation and airbag safety systems. Therefore, as the demand for hybrid and electric vehicles increases, the need for semiconductors is expected to increase during the forecast period.
The outbreak of the COVID-19 pandemic has hampered the overall business scenario in 2020, and the economy is expected to continue to suffer the consequences over the next several years. The market has been negatively impacted as major auto manufacturing units have been shut down and production completely halted in response to lockdown measures across the world. In addition, the pandemic has caused an unrealistic disruption of the production network and supply chain. This has influenced R&D and capital investments. The market experienced a substantial decline, nearly -7.0%, in 2020. However, the impact of the pandemic has started to ease with the reduction in positive cases and the launch of vaccination campaigns in several countries. . As a result, governments around the world have relaxed lockdowns and restrictions, prompting a restart of manufacturing operations in the automotive semiconductor industry.
Government-imposed safety guidelines and regulations are expected to play a key role in stimulating demand for semiconductors in North American and European markets. For example, a particular focus on accident prevention through ADAS is expected to help drive market growth in countries in these regions. The Asia Pacific region, led by China, is expected to become the fastest growing market due to the rapid adoption of electric vehicles and strong government support.
Grand View Research has segmented the global automotive semiconductor market on the basis of component, vehicle type, application, and region:
- Automotive Semiconductor Components Outlook (Revenue, USD Million, 2017 – 2028)
- Quiet power
- Automotive Semiconductor Vehicle Type Outlook (Revenue, USD Million, 2017 – 2028)
- Tourism vehicle
- Light commercial vehicle (LCV)
- Heavy commercial (HCV)
- Automotive Semiconductor Application Outlook (Revenue, USD Million, 2017 – 2028)
- Telematics and infotainment
- Electronic Body
- Regional Automotive Semiconductor Outlook (Revenue, USD Million, 2017 – 2028)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa (AEM)
List of key players in the automotive semiconductor market
- Analog devices, Inc.
- Infineon Technologies AG
- NXP semiconductors
- Renesas electronics company
- Robert Bosch GmbH
- ROHM CO., LTD.
- Semiconductor Component Industries, LLC
- Texas Instruments Incorporated
- TOSHIBA CORPORATION
Discover other studies related to technological advancements in the automotive sector, conducted by Grand View Research:
- Automotive Electronics Market – The global automotive electronics market size has been estimated to be $ 217.86 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028. The increasing integration and implementation of advanced safety systems such as automatic emergency braking, airbags , parking assistance systems and lane departure warning for decrease in road accidents are expected to boost demand during the forecast period.
- Automotive Infotainment Market – The Global Automotive Infotainment Market Size has been estimated to be $ 6.98 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% from 2021 to 2028. The COVID-19 pandemic has negatively affected the entire auto industry, resulting in a subsequent decline in the market growth due to reduced new needs and reduced automotive sales.
- Automotive Digital Cockpit Market – The global Automotive Digital Cockpit Market size has been estimated to be $ 19.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.8% from 2021 to 2028. The Covid-19 pandemic has affected the entire automotive industry, resulting in further decline in the growth of the market as a result of low auto sales and new demands.
Browse Grand View Research’s coverage of the Global Automotive and Transportation Industry
Go to Grand View Compass, our intuitive BI market research database of over 10,000 reports
About Grand View Search
Grand View Research, a United States-based market research and consulting company, provides syndicated and personalized research reports and consulting services. Checked in California and headquartered at San Francisco, the company has more than 425 analysts and consultants, adding more than 1,200 market research reports to its extensive database each year. These reports provide in-depth analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and assess upcoming opportunities.
Corporate Sales Specialist, United States
Grand View Research, Inc.
Toll free: 1-888-202-9519
E-mail: [email protected]
Follow us: LinkedIn | Twitter
SOURCE Grand View Research, Inc.


text:
Shatta Wale Exposed Of Not Being The Owner Of Shaxi
Shatta Wale has been exposed of not being the owner of Shaxi but he is just being used to promoting the business
Ghanaian Dancehall artiste Shatta Wale has been exposed for not being the owner of the popular ride-hailing service Shaxi.
This revelation was made by one social media user who alleged that Shaxi is never owned by Shatta Wale making this shocking and has caused massive traffic online.
According to the social media user, Shaxi, the popular ride-hailing service which was launched barely a month ago, does not belong to Ghanaian dancehall artist Shatta Wale as he made us believe.
The gentleman identified as Freddie Mawuli claimed Shaxi belongs to a popular fraudster in Ghana and Shatta is only a face for the company.
Freddie made this revelation as a response to questions which one blogger Chris Handler asked on Facebook
The blogger wrote; “So is Shatta Wale the CEO of Shaxi or he’s appointed someone cos needed.
CEO of a ride-hailing service in a competitive market and you still soak yourself in gutter water like this?
“We would do this when foreigners win, then we would be blamed for not supporting a local business when the person himself doesn’t care about his business.
In a quick response, Freddie Mawuli stated that Shatta is only being used to promote the business of a fraudster to prevent the authorities from demolishing it.
He sounded bold in his words and even asked the public to screenshot his post for future reference when the truth comes out.
“Shaxi is not his wai. He’s being used as just a face by a Game Boy who owns it. There’s nothing that can hide forever under the sun. Screenshot this, the truth will come out sooner or
Recall that Shatta Wale launched a new commercial ride system, Shaxi to reduce the unemployment rate among the youth.
According to Shatta Wale, Shaxi was created from his inspiration to create employment avenues and create a sustainable business focus for the Ghanaian youth.
Shatta Wale had all his media friends and colleagues showering praises on him for bringing up a great initiative to create employment for the Ghanaian youth.
It had a successful launch with special attendance from industry players. Nana Aba Anamoah even dashed Shatta some vehicles to be used by the business.


text:
Last Thursday, 31 of Europe’s finest football clubs, and Arsenal, entered the draw for the group stage of this season’s Champions League. Commonly regarded as the most prestigious football competition in the world, between now and next May it will be the battle ground for not just the finest footballers on the continent, but also some the world’s leading commercial brands.
Emblazoned on shirts, advertising hoardings and billboards will be household names such as Samsung, Heineken, Ford and Sony. However, this year there will be a smattering of new names gatecrashing the party in the hope of making a mark on the football-watching public’s consciousness.
Among their number will be solar giants Yingli Green Energy, Q-Cells and JinkoSolar, which have signed sponsorship deals with Germany’s three Champions League representatives, Bayern Munich, Borussia Dortmund and Bayer Leverkusen. Yingli Green’s grandly-titled Official Premium Partner agreement with the mighty Bayern is undoubtedly the most lucrative of the three, granting the manufacturer marketing rights in areas such as ticketing, hospitality, advertising and public relations.
With more than 147,000 members and nearly 70,000 packing out their Allianz Arena home stadium every other weekend, Bayern are by far Germany’s best supported football club. And Yingli’s three-year agreement with the four-time European Cup winners will give them an unparalleled promotional platform within the world’s number one PV marketplace.
However, Yingli is not confining its ambitions to Germany. In June, Yingli was once again named as one of the official sponsors of the 2014 Fifa World Cup in Brazil, a move chairman Liansheng Miao believes will prove invaluable in increasing business opportunities in Latin America. “After our 2010 Fifa World Cup sponsorship, we saw a tremendous increase in our brand awareness and inquiries for our products… and to be an important renewable energy partner to the world's most-watched single-sport event,” Miao said.
Despite Miao's protestations, in terms of brand awareness and sales, the effectiveness of Yingli’s sponsorship remains to be seen. Nevertheless, such deals are becoming commonplace among module manufacturers, whose behaviour is beginning to mirror that of organizations in other industries. In addition to the Yingli-Bayern partnership, the past year or so has seen Hanwha (Bolton Wanderers and Hamburger SV), Q-Cells (Borussia Dortmund), JinkoSolar (Bayer Leverkusen), Canadian Solar (Fulham FC), Mage (SC Freiburg), Suntech (1899 Hoffenheim) and Trina Solar (Renault F1 Team) all sign lucrative agreements with major sporting institutions.
And this activity bodes well for the future of solar. It is indicative of a maturing industry, with a growing advertising budget and an eagerness to capture market share and break into new markets. It will also, and perhaps most importantly, help to make the word photovoltaics part of the public’s vernacular.
While Yingli or Hanwha will never be a Coca-Cola, they can, in terms of recognition, be a Gazprom (the Russian natural gas firm and current sponsors of Schalke 04 and Zenit St. Petersburg). And for module manufacturers this recognition is vital. Although large-scale solar is facing an uncertain future in Europe, residential is on the rise and companies are looking for any edge they can get in this competitive marketplace.
The initial aim for manufacturers will probably be to merely wrestle market share off one another. However, should this current marketing strategy be more than just a fad, in time, it will hopefully have a more wide-reaching impact on the energy landscape: helping photovoltaics to establish itself as the premier renewable energy and to make further inroads on the global market share held by its non-renewable rivals.


text:
Shareholder Asks Regis to Cut Costs, Sell Some Assets
One of Regis Corporation's largest shareholders on Tuesday announced that it had written a letter to the company outlining a request for some significant changes-news that sent the Edina-based salon operator's stock price up about 6.7 percent to close at $14.68.
Starboard Value LP, which owns about 4.4 percent of Regis' outstanding common stock, asked Regis to dramatically cut operating expenses, sell its non-core businesses, and return focus to its core salon business in North America.
The shareholder said that Regis is plagued by “a bloated cost structure and a lack of operational focus.”
Starboard sent a letter dated August 16 to Regis Chairman and CEO Paul Finkelstein, President Randy Pearce, and the company's board of directors. It stated that Regis is “deeply undervalued and that opportunities exist to greatly improve both operating and stock price performance based on actions within the control of management and the board of directors.”
The letter encourages Regis to focus on its North American salon business due to its high return on equity and ability to weather recessions. Starboard also pointed out that Regis' stock trades “far below its specialty retail peers.” In fact, over the last one-, three-, and five-year periods, Regis' stock price has dropped about 19 percent, 55 percent, and 60 percent, respectively, Starboard said.
As part of its cost-cutting request, Starboard pointed out that overhead costs have risen more than 70 percent since 2004, while revenue climbed only 20 percent.
The “non-core assets” that Starboard suggested that Regis sell include the Hair Club chain and 400 international salons, as well as two minority owned assets, Provalliance and Empire Education Group. Starboard wrote in its letter that it believes Hair Club in particular “would be attractive to a number of potential acquirers.”
In addition to outlining its suggested changes to Regis' operations, Starboard also nominated three candidates for the company's board: James Fogarty, a private investor; Jeffrey Smith, a managing member of Starboard; and David Williams, executive vice president and chief financial officer of Cincinnati-based Chemed.
Regis issued a statement on Tuesday, acknowledging that it had received Starboard's letter. The company said that it has not yet scheduled its 2011 annual shareholder meeting and, regarding Starboard's board nominations, it will “review the matter in due course.”
“Regis is always open to ideas that can create shareholder value and has been in private discussions with Starboard,” the company wrote in its statement. “We will continue to engage constructively with Starboard and all of our shareholders. Our board and management team remain firmly committed to creating value for all shareholders through the successful execution of the company's strategy.”
Regis operates more than 12,700 salons, cosmetology education centers, and hair restoration centers worldwide-including franchised locations. Those locations operate under numerous brands, including-in addition to its namesake salons-Supercuts, MasterCuts, Cost Cutters, and Hair Club for Men and Women.
Last fall, the company said that it was exploring strategic alternatives, but in December, the company said it would continue with its existing business plan and remain an independent public company.
Its net income for the fiscal year that ended in June 2010 totaled $42.7 million, or 71 cents per share, a vast improvement from the net loss of $124.5 million that the company reported in its previous fiscal year. Revenue, meanwhile, fell about 3 percent to $2.36 billion during the period.
For the fiscal year that ended in June 2011, Regis reported revenue of $2.33 billion. The company will announce earnings results for the period next week.


text:
Visitors also can take shelter tours and check out the pets available for adoption. Activities will include a best dressed pet contest, police K-9 demonstration, pet agility demonstrations and kids' activities. There will be food for sale, live music, free pet tags for the first 100 guests and adoption discount vouchers at PetFest.
In Taylorsville, they'll be takin' it to the streets from 11 a.m. to 4 p.m. along 2700 West from City Hall at 5400 South to the library at 4900 South.
The street will be closed to cars so people can walk, bike, skate, dance, slackline, play soccer and create chalk art, among other activities. Booths, vendors and food trucks will be there.
The event which is sponsored by the city and Bike Utah is part of an international initiative designed to reconnect residents to their communities. The first Open Streets in Utah was held in May in Salt Lake City and drew more than 25,000 people.
"By opening the streets in Taylorsville to bikes and pedestrians we will be promoting a physically active lifestyle that encourages friends and families to get out and re-think what their city means to them," said Scott Lyttle, Bike Utah executive director.


text:
With the abolition of quotas fast approaching, Dairy Ireland is refocusing its efforts towards building greater stakeholder involvement in key dairy industry decisions.
The organisation plans to launch a new newsletter, with a view to further farmer and stakeholder discussion on industry opportunities as we enter an era of growth and expansion.
Commenting on the changes, Dairy Ireland chairman and dairy farmer, Kevin Twomey said: “The rebranding, and alignment of our new core values to our strategy brings further clarity and visibility to Dairy Ireland as we aim to achieve our goals of sustainable dairy industry growth, active stakeholder involvement and positive, transparent development of a vibrant family owned, cooperative-based dairy sector."
Dairy Ireland represents Dairy Farmer Discussion Groups in Ireland. Its mission is to promote ‘Irish farmers building value and prosperity in our dairy industry’.
It aims to achieve its goals through farmer education, encouraging active farmer stakeholders, sustainable and innovative industry growth.
- Brewers' association reaffirms commitment to reducing alcohol abuse
- Artisan Bistro launches range of sustainable frozen seafood dishes
- Interview: Unicum launch pay with your smartphone vending machine


text:
According to the latest reports, Square Enix is currently leading the work on a Guardian of the Galaxy game. With an enviable track record of repeatedly delivering several smash-hit series such as Tomb Raider, Final Fantasy among others, the highly respected game studio is adopting the popular comic book movie into a video game. This news first saw the light of day thanks to industry insider and VentureBeat journalist, Jeff Grubb.
During a live stream on his Twitch channel a few days ago, Grubb informed his viewers he overheard someone saying that the company was in the middle of working on the title. Elaborating further, he confirmed that the game is indeed real with Square Enix spearheading development efforts.
Unfortunately, he stopped short of further expanding on the topic during the stream, which you can check for yourself in the video shared below.
That said, the likelihood of this rumor manifesting is very high given the same company previously released Marvel’s Avengers game.
With E3 2021 just days away, things will become more clear with regards to the alleged Guardians of the Galaxy game. Square Enix is on course to unveil more information pertaining to some of its upcoming games at the digital conference, with many fans anxiously counting down the hours to learn more about the next Final Fantasy 16 and other titles.
Although Marvel’s Avengers game failed to live up to its hype, a Guardian of the Galaxy game could provide a much-needed uplift to the developer. Sure, it all depends on what type of approach Square Enix decides to pursue related to the general tone and making gameplay style more appealing to mass audiences. That said, regardless of whether or not more information about the game comes out in the open at E3, we will hear more in the coming weeks and months, especially as more game conferences take place.


text:
A sunset camel ride along Broome's Cable Beach has been a rite of passage on a trip to Western Australia's Kimberley region for decades — but until recently it didn't involve a face mask or hand sanitiser.
- IBISWorld expects more than 7,000 tourism businesses to collapse as a result of COVID-19
- Commonwealth Bank modelling says the lack of international travellers alone will cost Australia 0.7 per cent of GDP
- Many tourism operators are relying on the reopening of state borders soon to survive
Tour operator John Geappen is adapting his business to be COVID-19 safe and hopes his camel trains will be bustling again soon, despite access to Broome still being restricted to West Australians.
His company, Red Sun Camels, is one of almost 119,000 tourism businesses in Australia, according to IBISWorld.
Most, if not all, were forced into hibernation when COVID-19 shutdowns came into place.
IBISWorld predicts about 6 per cent of those businesses won't survive the economic fallout of the global pandemic.
"All the indicators were that we were going to get to a lockdown stage, so out of respect and safety for my staff and customers, we closed down in the first week of March," Mr Geappen told The Business.
"Three days later we were advised we couldn't trade anyway."
His camel-ride business was closed for more than three months and haemorrhaging "about $6,000 to $7,000 a week" in ongoing costs alone.
Not to mention the thousands of dollars a day in missed earnings.
"We've effectively been bleeding for three months," Mr Geappen said.
He has been eager for Western Australian Premier Mark McGowan to take down the state's hard border so he can build his way back up to host up to 60 to 70 people on his daily camel rides.
In the meantime, he has made a number of changes to meet new health and safety expectations and started his camel tours again two weeks ago, despite only attracting a handful of customers each day.
"We have a washing station with hand sanitiser provided, there's gloves and masks which are optional for our clients and we have cones placed at least 1.5 metres away from each other so when people arrive they can ensure they stay a suitable distance away from each other," he said.
Saddles are washed between each ride and staff wear a mask when helping customers onto the camels for their one-hour ride on Cable Beach.
"We're lucky in that that the camels are effectively a couple of metes apart, just by the nature of how they're tethered and therefore there's no chance of people getting contaminated during the ride," said Mr Geappen.
His is not the only tourist business making big changes so they can get back up and running.
On top of the world, but further apart
High atop Sydney Harbour Bridge, climbers will be more spaced out than usual as they walk up more than 1,300 steps to the summit when BridgeClimb Sydney resumes tours again.
"We've had an independent medical assessment to help us be able to create the best possible experience with COVID safety for all the staff, and of course all of the climbers as well," BridgeClimb Sydney's chief executive David Hammon said.
"There's lots of social distancing and so queuing is more structured and the climbers are a little bit further spaced out.
"The way you move through the building to get your suit on and a few other things like that, they've all had to be slightly changed."
BridgeClimb closed its doors in late March, with more than 200 staff stood down on JobKeeper payments.
One of those is climb operations coordinator Ashleigh Millet, who has been looking forward to getting back onto Sydney's famous bridge.
The bridge climb is reopening on June 27 at a reduced capacity, initially only for the school holidays and on weekends.
"We're in a situation where we can open more, but we need to assess what the demand is like on those days during the week when normally you would have that international visitor load to make it worthwhile to open up on those days," Mr Hammon said.
Lack of international visitors hits hard
A lack of international travellers is going to be the biggest hit to tourist businesses.
Australia's tourism industry is tipped to lose almost 16 per cent in revenue this financial year.
IBISWorld expects 2019/20 revenue will be about $128 billion — down from $143 billion the year before.
With international borders closed indefinitely, and many states keeping their borders shut, it does not expect Australia's tourism revenue to reach pre-COVID-19 levels until 2021/22.
It also expects that it will not be until 2024/25 that the roughly 7,200 tourist businesses it does not think will survive the health crisis, will be replaced.
Commonwealth Bank modelling shows keeping international travellers out of Australia until the end of this calendar year will cause a drop in GDP of 0.7 per cent.
Even when the border is opened, the recovery will not be quick.
A report by the United Nations World Travel Organisation shows it took an average of 14 months for tourist arrivals to return to pre-crisis levels after the Global Financial Crisis, September 11 attacks and SARS outbreak.
September to shine
The Gold Coast's theme parks have also been preparing to reopen.
Village Roadshow Theme Parks — which owns Sea World, Movie World, Wet'nWild, Outback Spectacular and Paradise Country — fast-tracked the planned launch of its new app to allow customers to visit the parks completely contact-free.
"With this app, literally, you don't need a ticket — it's on your phone," Village Roadshow Theme Parks chief operating offer Bikash Randhawa said.
"You scan your phone, you book your rides, the maps are on your phone — so it's a seamless experience which works extremely well in this environment."
At Sea World, the first of its venues resume trading on June 26, extra shows have been added to allow audience members to distance themselves as it reopens with limited visitor numbers.
"We had to create a theme park-specific COVID-19 plan with the Queensland Health Department," explained Mr Randhawa.
But, like Western Australia, Queensland still has a hard border so, for now, it's only locals who'll be visiting the attractions.
"We all feel that the upcoming holidays, with the border shut, will not be as good as it normally is and with the limitations on capacity, it's certainly a challenge," Mr Randhawa added.
Village Roadshow Theme Parks employed more than 4,000 staff before COVID-19 and through its supply chain supported up to 30,000 jobs.
The shutdown was losing the company $10 million to $15 million a month.
"Everything that we're doing right now is to get back to where we need to be by September so that at least financially 2020/21 can be a reasonable year," said Mr Randhawa.
Hopes pinned on domestic travellers
While there are fewer visitors for now and increased costs to ensure a COVID safe workplace, operators like Broome's Mr Geappon are willing to wear that burden.
"I mean the cost of that versus the cost of not operating or one of our staff getting contaminated — it is what it is," he said.
He, and thousands of other business operators like him, are hopeful Australians are prepared to pack their bags.
"I think we've all been through a difficult period and people need a bit of R and R."
Otherwise, it could soon be sunset for tens of thousands of tourism operators and their staff.


text:
VOL. 117 | NO. 158 | Friday, September 5, 2003
Improved roads clear way for new retail center
Businesses Flock to East Memphis Center
Improved roads clear way for new retail development
The Daily News
Today in Memphis more than ever, improved roads and new
subdivisions often bring with them new retail and commercial opportunities.
The Shops at Kirby Gate, a new neighborhood center located
on Kirby Road between Quince and Stout roads, has opened to accommodate the
needs of new and established residents in the East Memphis community.
The 115,00-square foot center, anchored by a Kroger grocery
store with a fuel station, set up shop a few months ago, and business owners
already open in the development expect an increase in customer traffic soon, as
more new businesses are scheduled to open nearby in coming weeks.
McAlisters Deli is set to open its doors early next week in
a bay in the centers southern corner. A Chinese restaurant, cellular phone
retail store and perhaps another deli are planned for other spaces in the
A new Wendys restaurant also is planned for the front
portion of the property.
Room to grow. Randa Fergus, owner/manager of LaRues
Hair Cutters, relocated her business into the Shops at Kirby Gate from the
Kirby Gate Shopping Center around the corner.
Her new store opened for business July 23; a General
Cleaners store will open soon next door to the salon.
I wanted in here because of the draw of Kroger and a need
for more space, Fergus said, noting that her shop increased in size from 1,300
square feet to about 2,000 square feet.
She said shes already noticed an increase in walk-in traffic.
A lot of people see the ongoing construction and still
dont realize were open, she said.
Kirby Wine & Liquors also will relocate from Kirby Gates
Shopping Center its home for nearly 20 years to a freestanding,
8,000-square-foot store that is set for construction next year directly in
front of the new McAlisters location.
Store owner Phil Woodard said his stores move also was
prompted in part by the new Kroger store, as well as new road developments in
the vicinity of the center.
A shift in traffic. More than a year ago, a stretch
of Kirby Road in front of the new shopping center was expanded from two lanes
to four; the same road was re-routed north at Messick Road to connect with
Within the next month, the city will complete a new
connecting road, Kirby Gates Parkway, that will extend east-west alongside the
Shops at Kirby Gate from Kirby Road to Quince Road near the May Soccer Fields.
Woodard added that the expanded portion of Kirby Road from
the center to the on-ramp of Bill Morris Parkway already has resulted in an
increase in customers.
Every day, we hear customers comment that its easier and
quicker for them to get off (Bill Morris Parkway) at Kirby and travel to Poplar
Avenue, Woodard said. With the traffic pattern along Kirby growing, we want
to be as close to the road as we can.
With the new businesses and roads also have come new
rooftops, particularly near the re-routed section of roadway where Kirby Road
and Kirby Parkway meet.
Recently, the 48-lot Greenbriar subdivision opened. Nearby,
the final plat for another subdivision, the Orchards at Kirby Parkway East, was
approved Tuesday by the Memphis City Council.
Planned for convenience. The Shops at Kirby Gate is
situated to attract residents from both Memphis and Germantown. The city limits
for both are less than a mile away at the intersection of Stout and McVay
Germantown resident Thomas Mullins began grocery shopping at
the Kroger store the week it opened for business, transferring his business
from a Schnucks store at Germantown Road and Poplar Avenue.
The distance is not a whole lot of a factor between both
stores from where I live, but there are fewer lights, its wide open and very
convenient, he said about the new centers location. But the key is that
theres no congestion.
The new McAlisters marks the chains seventh store in the
area, with the closest and oldest local deli located in the Germantown Plaza
Chris McVay, assistant manager at the new store, said it
seats about 140 and offers patio dining.
He said the store hopes to attract customers from the
southeast corner of Memphis, as well as from Germantown.
Were excited about the new store, and we hope to do well
well see, he said. Our stores usually do well with the lunch crowd, but
were not sure that will be the case, necessarily, here at this one.
Woodard said construction of all types, coupled with the
road changes, have made the quadrant premium geography for new businesses.
We didnt hire a consultant or get a study done to know
that center is going to be busy, he said.


text:
The demand for new cars and trucks is helping to drive job creation in Michigan and Ohio.
In Ohio, the Toledo Blade reports that Chrysler Group has announced it will invest more than $365 million to expand its automobile assembly plant in the city.
The company said it also plans to add a second shift which will create approximately 1,100 new jobs at the plant that makes the Jeep Liberty and Dodge Nitro sports utility vehicle.
According to the news agency, industry analysts said the car maker's investment in Toledo could be a sign that the company will continue to expand operations and create additional jobs in the future as it gears up to meet a global demand for a number of its vehicles, including the Jeep Wrangler.
Meanwhile, in Michigan, the state once known as the car manufacturing capital of the world may be well on its way back to regaining its title thanks to a move by the industry to create more fuel efficient cars.
The state is now the first in the nation for green auto jobs, employing approximately 38,000 workers build environmentally friendly vehicles at 97 facilities, according to a report by the United Auto Workers and the National Wildlife Federation.


text:
Japan-based Sumitomo Electric Industries will supply a storage battery system, with a total installed capacity of around 60MWh, to Hokkaido Electric Power.
The battery system, which is expected to stabilize the flow of wind and solar power by using vanadium redox flow battery technology, will be installed at Hokkaido Electric Power’s Minami Hayakita substation, Sumitomo said.
According to the company, the battery system is a part of the three plans that have been announced by the Ministry of Economy, Trade and Industry in April 2013, as the island has been flooded with applications for large-size solar projects.
The installation of the battery system is scheduled to take place in March 2015 for the three-year pilot project, reports the bloomberg.com.
This battery system is expected to increase the utility’s wind and solar capacity by around 40MW.


text:
"Go for it." With those words, Cupertino Mayor Orrin Mahoney gave final approval for the construction of a new Apple campus in his city. Apple will receive its full building permits on November 20 and thereby be free to begin stage one of development.
Phase one includes the construction of the soon-to-be-iconic 2.8-million-square-foot, circular main building, a 100,000-square-foot fitness center and a massive 120,000-square-foot auditorium. A parking garage capable of housing about 2,400 vehicles will also be built, but it will be underground and hidden from sight.
As part of its construction arrangement, Apple has agreed to a reduction in the sales tax rebate it receives from Cupertino. Now, the city will refund 35 percent of sales taxes it receives from Apple-related purchases, as opposed to last year's 50 percent.
This is exciting news for Cook and the gang, who are now free to begin this project in earnest.


text:
You are here
Huawei brings online smartphone brand Honor to Europe
[LONDON] Huawei Technologies Co Ltd brought its youth-focused mobile phone brand Honor to Europe on Thursday with the launch of the Honor 7, a handset that has chalked up sales of more than 1.5 million in China since June.
Huawei, the world's number three smartphone maker according to Gartner, has invested heavily in the past couple of years to establish Honor as a standalone brand challenging Beijing-based Xiaomi Inc in appealing to digitally savvy consumers.
George Zhao, president of Huawei's Honor brand, said the handsets would be mainly promoted and sold online in Europe, as they were in China. The company made its vMall e-commerce platform available across the continent on Thursday.
Mr Zhao said the Honor 7, which has high-end features like a solid metallic shell and fingerprint recognition, was achieving high customer satisfaction levels. "It is very successful," he said. "We have shipped more than 1.5 million since June 13, only in China." Huawei, which also sells smartphones to the mass market of consumers and business users, is aiming to become the first Chinese smartphone maker to sell more than 100 million phones this year.
Xiaomi has a stated sales target of between 80 million and 100 million phones.
The Honor 7 will be priced at 249.99 pounds in Britain.


text:
US: Coca-Cola speaks out over Olympics gay protest
The company has been criticised by gay rights campaigners in the US
The Coca-Cola Co has responded to a protest by gay rights campaigners in the US over its sponsorship of the Russian Winter Olympics, arguing that the company "celebrates diversity".
The protestors claim that the soft drinks group “supports hate” by backing the Games after Russia introduced an anti-gay propaganda law, Sky News reported today (29 August). Bottles and cans of Coca-Cola were emptied by demonstrators in Times Square, New York City, to register their dissatisfaction with the company.
However in a statement to just-drinks today (29 August), a Coca-Cola spokesperson said the company “values and celebrates diversity”.
“We have long been a strong supporter of the LGBT (lesbian, gay, bisexual and transgender) community and have advocated for inclusion and diversity through both our policies and practices,” the spokesperson added. “We do not condone human rights abuses, intolerance or discrimination of any kind anywhere in the world.”
Vodka brands have also faced the ire of campaigners opposed to Russia's new anti-gay laws. Bars in London, Australia and across the US have been boycotting brands such as Stolichnaya as part of opposition to the legislation. However, Stolichnaya-owner, the SPI Group has branded the new laws "dreadful" and says it supports the LGBT community.
- The category today - Scotch Whisky I
- Today's Market Trends - Scotch Whisky II
- Tomorrow's Market Trends - Scotch Whisky III
- Key Brands Performance - Scotch Whisky IV
- Category Innovations - Scotch Whisky VII
- Beam Suntory names CFO, makes structural changes
- Analysts clash over AB InBev SAB Brexit impact
- Diageo to accept US$1m South Korea fine
- Pernod switches Travel Retail Europe op's director
- AB InBev unveils Stella Artois three-packs
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China


text:
In the who’s who of the rich and famous, Bill Gates is a household name – up there with Steve Jobs or Oprah Winfrey. How about Jeff Bezos? While perhaps not as well-known as Gates, Bezos is certainly on his way. For a brief time Thursday, the Amazon founder, and CEO was the wealthiest man on Earth, edging out his counterpart from Microsoft until a rough quarterly earnings report caused shares of Amazon to retreat from their noon-time highs.
This competition is tracked daily by the Bloomberg Billionaires Index, where Bezos’s brief lead made headlines across the business world. The two men are at opposite ends of their careers, with Gates winding down his wealth through philanthropy while Bezos aggressively grows and leads the world’s largest internet retailer. Roughly half of Gates’s money is held in cash while less than 3% of Bezos’s fortune sits in a savings account – almost 95% is Amazon stock. Relatively small movements in the price can swing his fortune up or down by billions, hence Thursday’s drama.
Step back from the details of where each man’s wealth is held and look instead at where each man’s money came from, and you will see a similarly distinct comparison. Microsoft made its billions mainly through taking advantage of its consumers – a captive audience with no comparable alternative to the tech company’s monopolistic operating systems and software. Indeed, Gates’s company frequently joined the ranks of America’s most hated companies back in the 80s and 90s. Even today, a copy of Windows 10 Home will set you back $119.99 when purchased directly from Microsoft’s website. The fact that this same piece of software is available through Amazon for $10 less (shipped on a physical USB drive) speaks volumes to the different philosophies of these companies, and to the broader economy as a whole.
You see, Microsoft made its money fleecing the consumer. Amazon decided to go the opposite direction and make the customer king. Anyone who enjoys a Prime subscription or has dealt with the fantastic Amazon return policy can attest to this. However, nothing in life comes free. So what did Amazon sacrifice on the road to market dominance? Put bluntly; Amazon decided to fleece their employees. The BBC launched an undercover investigation that found horrendous working conditions for Amazon employees. In a New York Times exclusive, reporters interviewed over a hundred current and former Amazon employees and discovered a brutal work environment. In a 2017 “Best Places to Work” list from Business Insider, Microsoft comes in at #37, while on Indeed.com’s similar list they rank in at #22. Amazon did not make the cut for either list.
Bill Gates is probably too busy deciding which special interest group to fund and Jeff Bezos is far too engaged in growing his already gigantic company to give these things much thought, but they are worth considering. Years ago, the unbridled marketplace of capitalism granted the largest personal fortune in the world to a man who flagrantly took advantage of the consumer while treating his employees well. Today, the new king of cash will have earned his wealth through the opposite strategy. Is this the sign of a larger trend? Oh well, at least we have free two-day shipping.


text:
Shiba crypto valeur
We are searching data for your request:
Upon completion, a link will appear to access the found materials.
[Dossier] Comment échanger vos cryptomonnaies ?
It is perhaps the ultimate symbol of late capitalism: a digital currency that started as a joke, now worth more than the Ford motor company, BP or Tesco. Riding a wave of speculative interest despite Covid triggering the worst global recession since the s Great Depression, Dogecoin has been a huge hit with amateur investors.
It is a cryptocurrency based on an internet meme — a humorous online phrase or photo, which on this occasion is a dog — and has shot to wider attention with a record-breaking rise in value in recent weeks. He has previously tweeted support for Dogecoin in what may be best understood as the perpetuation of an online joke. Created in by two software engineers from IBM and Adobe, the Dogecoin digital currency is based on the Doge meme, which features a Japanese shiba inu dog surrounded by grammatically incorrect phrases in a kind of inner monologue.
Similar to internet-fuelled speculation in GameStop, the surge in Dogecoin comes as the US government sends out its third round of emergency Covid payments to eligible American households. Although intended as support for struggling households, economists say this has helped to fuel a rise in stock markets and crypto assets such as bitcoin and Dogecoin, as more affluent recipients put their cheques into financial investments.
It also comes as traditional fiat currencies, such as the dollar, pound and euro, risk being debased by record low interest rates from central banks, and billions of dollars worth of quantitative easing; the buying of bonds to keep borrowing costs low, effectively printing new money.
Expectations are rising that stronger economic growth will take hold as the Covid vaccine enables a faster return to normal, at a time when government and central bank support remains high. Economists warn this would lead to a rise in inflation, which would erode the value of fiat money, making digital currencies a potentially attractive proposition. However, analysts warn that it could quickly unravel because the digital currency has no intrinsic value; relying on investment hype, speculation, and fear of missing out.
A physical representation of a Dogecoin. The digital currency is based on the Doge meme, which features a Japanese shiba inu dog surrounded by grammatically incorrect phrases. Photograph: Getty Images. Reuse this content.
Turbo-charge your Reconciliation Process
That's because Draper believes the currency is going to be "much more in use by then. Currently only a few major companies accept bitcoin directly or indirectly through a third-party digital wallet app, including Microsoft , PayPal, Overstock, Whole Foods, Starbucks and Home Depot. And many experts see bitcoin as a store of value, like gold, rather than a currency. By virtue of its code, only 21 million bitcoin can be "mined. Draper, 63, who built his fortune by making early investments in Twitter, Skype, Tesla and SpaceX to name a few , wouldn't share how much bitcoin he holds or whether he has invested in other cryptocurrencies. Though, Elon Musk tweeted in May he was working with "Doge devs to improve system transaction efficiency. Potentially promising.
Live Crypto Prices and Cryptocurrency Market Cap
Buterin donated over 50 trillion Shiba Inu coins to the fund, which aims to provide healthcare and basic-needs items to people affected by COVID in India. We have decided to convert the donation slowly over a period of time. The COVID relief fund Buterin donated to, CryptoRelief , was set up last month by Nailwal, co-founder of Ethereum platform Polygon and has since attracted donations from various crypto heavyweights. Nailwal had set the fund up in response to the escalating COVID situation in India, which saw global record numbers of cases and deaths as the healthcare system was unable to cope with patients and provide the care many needed due to shortages of medication, food and oxygen. At the time, Nailwal tweeted that he had ways to get oxygen, food and vaccines into the country and to those who require them. Some of the crypto donations have since been liquidated and turned into US dollars, according to CryptoRelief's website. The funds have been donated to various organizations and charities in India that have used them to tackle the oxygen shortage and purchase medical equipment, including personal protective gear and ventilators, according to CryptoRelief's website. Keep reading. Search markets.
The Shiba Inu ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap. By providing Shiba Inu as Shiba in millionseToro offers users a clearer understanding of the pricing in a regular, two-decimal-point format. Just as with any other cryptoasset on eToro, users can invest in the amount of their choosing — at or above the minimum required for an investment. Trading CFDs does not result in ownership of the underlying assets. CFDs are leveraged and risky financial products and may not be suitable for all investors.
Shiba Inu Coin Price Prediction 2022-2030
Himanshu Investfoxy. How long will it take to reach such a big price? According to Investfoxy. Osaka: Started as a joke Shiba inu coin has become one of the most speculated cryptocurrencies globally, and people still have their eyes on this meme crypto and the craze has not been dimmed yet. Big and small investors are still being embracing the goodness of the Shiba inu coin.
Succès fou pour Shiba Inu, l’Australie dingue du mème-coin
Dart inu. A few of the songs are mixed bags, but it's a uniformly catchy five-song collection. A Shiba will probably never be a Lassie, or perfect dog. Find low everyday prices and buy online for delivery or in-store pick-up. Various types of ihe are listed below. Shiba Inu becomes the most viewed cryptocurrency in , surpassing Bitcoin, it has been claimed.
We’re All Crypto People Now
Shopx coinmarketcap. About Splyt. As Cryptocurrency and Blockchain the underlying technology used by Cryptocurrencies edge closer and closer to mainstream adoption, there are questions everyone needs answered. I posted a comment in the daily thread, but I figured I would post this as well.
Kleurrijk en stijlvol thuiskomen in je authentieke uitstraling. Een origineel en sprankelend verjaardagsfeest voor grote en kleine meisjes. Bruisende belevenis rond make-up, parfum, styling of topkleuren. De leukste incentives, presentaties en workshops voor opendeurdagen. Een verrassend stijlvol en kleurrijk geschenk voor een bijzonder iemand.
Crypto is trudging ahead, making deals left and right. While still looking ahead to losses today, the token gives holders a reason to remain bullish with two news from the crypto Shiba Inu. In fact, Shiba Inu had been winning since Monday, when the stock exchange announced that SHIB holders could add their tokens to their accounts. However, on Thursday, Coinbase Pro announced that technical issues were delaying the big launch of Shiba Inu. Details are unclear around the delay, and investors know little about the upcoming timeline.
While the total circulation of shiba inu asset SHIB tokens continues to decline, the burning of the tokens in question is progressing in a relatively worrying way for investors. According to recent statistics regarding the burning of SHIB tokens, in the past 24 hours, nearly 21 million tokens have been destroyed out of a total of 21,, tokens burned from 11 transactions. Furthermore, according to the same statistics, a total of ,,,, SHIB tokens have been fully burned from the initial offering. In another recent report by Finbold, we learn that as part of the shiba inu burning campaign SHIB , nine companies have committed to collaborate in order to burn a well-defined proportion of their income or a well-defined amount in the official SHIB burning wallet.