text:
Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.
November 8, 2019
Endeavor has announced its investment in digital media company Whalerock Industries.
The investment sees Endeavor become a strategic operating partner in Whalerock. Lloyd Braun, chief executive officer, Whalerock will become president of Endeavor’s representation and management businesses. The business includes WME, IMG Models, The Wall Group, Art + Commerce and LENS, and IMG’s global licensing business.
“Lloyd is an innovative, creative executive with an innate ability to identify and grow successful businesses for individuals and brands,” says Mark Shapiro, president, Endeavor. “In this new role, Lloyd will be charged with harnessing our collective resources to elevate our offerings for clients across entertainment, sports and fashion. Lloyd possesses a rare and unique perspective, having held executive positions at the intersection of talent management, content creation and digital production. I was lucky enough to work with Lloyd while he was at ABC, where I witnessed firsthand his significant expertise and passion for the creative community.”
Founded by Braun in 2007, Whalerock specializes in strategic consulting and organizational design, and will be led moving forward by Anne-Marie O’Neill, current chief operating officer, Whalerock, who will become the chief executive officer. The Whalerock team will work closely with 160over90, the global creative agency within Endeavor, to serve the world’s leading brands.
“Artists and creators have more influence and power than ever before, and I’m excited to be joining Endeavor in a role that will help our clients best capitalize on all the resources available to them across our network,” says Braun. “These teams are the best in the business, and I’m proud to support their continued growth.”
Read more about:Whalerock Industries
License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.
Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.
Subscribe for updates directly into your inbox.
You May Also Like
Mattel Appoints Brian Fitzharris SVP and GM, Fisher-PriceApril 19, 2024
Taco Bell Teams Up with Secret Aardvark Hot SauceApril 19, 2024
Manly Bands Partners with The Jeep BrandApril 19, 2024
Jonnie x PBR Collection ReleasedApril 19, 2024


text:
Performance marketing brand Wunderkind has formed an integration with Klaivyo, a data and marketing automation platform, that it says will help ecommerce brands engage customers.
Over 100 mutual clients will now be able to send Wunderkind triggered messages within Klaviyo, the firm says.
These marketers can “coordinate all communications in one place and better understand the revenue and engagement impact of their emails,” says Rich Gardner, vice president of global partnerships at Klaviyo.
In addition, clients can increase their personalization, says Ryan Urban, CEO and founder of Wunderkind.
Client Andie Swim has tried the integrated offering. "We're a luxury D2C business with really aggressive growth goals, and diversifying our channels was important to us," states Melanie Travis, CEO of Andie Swim.
Travis adds that partnering with Wunderkind and Klaviyo allowed the company to "dramatically scale performance from our one-to-one emails very quickly," improving the experience for customers.
Wunderkind helps clients “remember” who site visitors are, and to deliver one-to-one messages via websites, email, text and ads. The firm serves such brands as Uniqlo, Sonos and HelloFresh.
Klaviyo serves over 70,000 customers. The firm recently snared $320 million in Series D funding.

domain: news


text:
Cryptocurrency exchange Coinbase has filed for a direct listing
Cryptocurrency exchange Coinbase has filed for a direct listing and not an IPO (Initial Public Offering) to bring shares to the public market. For traditional investors who are beginning to warm up to the cryptocurrency space, Coinbase is a San Francisco-based company that launched in 2012. Founded by Fred Ersham and Brian Armstrong, the platform now has over 43 million users across the globe and has completed more than $456 billion in transactions to date, according to the company’s latest filing with the SEC.
Coinbase: cryptocurrency-based financial services to anyone with a smartphone
The company strives to bring cryptocurrency-based financial services to anyone with a smartphone, this represents a market size of 3.5 billion people. If Bitcoin, Ripple, or other cryptocurrencies achieve widespread adoption, the user base would likely multiply. When that happens, an early investment in Coinbase could be an asset with exponential growth potential.
From its filing, the company’s shares will trade under the ticker “COIN” on the Nasdaq. At the date of this post, no official date of the listing is available.
The company has already attracted a lot of attention, and the company’s shares are already trading on the Nasdaq Private Market. Unfortunately, this is not generally accessible on retail trading platforms.
Coinbase Quick Info
- How legit is Coinbase?
The short answer is “yes, Coinbase is a legitimate cryptocurrency exchange and broker”. That is because of its high-profile investors and highly regulated location (San Francisco).
- Is Coinbase in the Apple store?
Yes! Download the app and own crypto in an instant. The Coinbase app makes buying bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, and more simple and fast. All it takes is a bank account or debit card.
- Is the Coinbase app on Google play?
Yes! Coinbase got you covered. Stay informed with updates and features that help you build your knowledge and your portfolio, including automatic buys and price alerts.
- Where could I get more help?
Visit help.coinbase.com for information and to contact Coinbase Support.


text:
Ferrari chairman Luca di Montezemolo inaugurated the Ferrari Museum's new Supercar exhibit last week in advance of its March 11 opening, featuring several limited edition vehicles including the $20 million Ferrari 250 GTO.
Only 36 250 GTOs were produced between 1962 and 1964, one of which is now presented as part of the exhibition.
Alongside it are examples of the GTO, of which 272 were produced, the Ferrari F50 (349 produced), the similarly exclusive Enzo Ferrari, and the Ferrari F40, which reached a run of 1315 vehicles.
Also featured are examples of the 599XX Evo, GTO Evoluzione, F40 Competizione, and FXX.
"Ferrari Supercar. Technology. Design. Myth" at the Museo Ferrari continues until September 30, 2013.


text:
As for the use of blockchain in non-public enterprise, the federal government contributes to the event of this sector in several ways, including by using a blockchain-based mostly is crypto still worth investing in payment program in town of Seongnam and crypto storage by 4 of the nation’s largest banks. Because the country’s infection rate and deaths related to Covid-19 grew, Indians started switching to digital fee choices “as people feared to handle banknotes” amid the pandemic. Do you think Indian digital funds will continue to develop as soon as the Covid-19 has dissipated? Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 authorities decree that tried to achieve the identical, reports The Economic Times of India. There was some confusion over whether India will ban cryptocurrency, together with bitcoin, following latest reports of a word being circulated by the government. “For the brand new customers, they're having some doubts relating to this proposal and we had to teach them on how the idea continues to be in its early stage and there's a long way ahead for this internal cabinet word to be transformed right into a invoice.
Nonetheless, it has many individuals associate the word with the draft invoice submitted to the ministry final yr by an interministerial committee that proposes a ban on cryptocurrency. The government deliberate to go even further, and in July 2019, it proposed a draft bill that might slap anyone coping with crypto with a big fine or a 10-yr prison sentence. Also noteworthy is that at the tip of July 2019, a nationwide project known as the Blockchain Service Network, or BSN, was launched to support medium-sized businesses in the development of blockchain projects by creating public blockchains that can comply with Chinese law and operate internationally. The court’s choice marked a shift in cryptocurrency adoption, and in October 2019, Chinese President Xi Jinping known as for an increase in blockchain growth efforts. This move indicators a shift from the beforehand hostile attitude of the Nigerian authorities in the direction of digital currencies. The Nigerian SEC has, nevertheless, assured that the overall objective of its regulation is not to hinder know-how or stifle innovation however to create requirements that encourage ethical practices that in the end make for a good and environment friendly market.
Bitcoin exchange reviews uk
The Nigerian naira has accounted for 15 % of Luno’s buying and selling quantity this year and ranks seventeenth within the list of fiat currencies traded with Bitcoin throughout the globe and the second-highest in Africa. South Africa ranks third globally with 13% of its internet users proudly owning or utilizing cryptocurrencies, whereas 11% of linked Nigerians own cryptocurrencies within the fifth-placed populous West African country. Venezuela ranks 3rd for P2P trading volume in USD, after the U.S. While the platform’s transfer quantity grew over 13x prior to now 12 months, “it doesn’t appear that Criptolago helps the Venezuelans struggling most,” the Chainalysis claims. The nation has reached one in every of the very best charges of cryptocurrency paysafecard to bitcoin exchange utilization on the earth, placing third on our Global Crypto Adoption Index, as many Venezuelans rely on cryptocurrency to obtain remittances from abroad and preserve their financial savings against hyperinflation. The news site studies that the value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high in June. Three-quarters of Indian shoppers reported better use of digital funds since the virus outbreak, and 78% count on to continue rising their use in the subsequent six months - the best figures among eleven nations surveyed. The basis cause of this rise is just not clear, but the principle culprits are the creators of the Asacub and Hqwar Trojans.
North korea bitcoin exchange
Talks of the Indian government banning cryptocurrency have resurfaced following a report by the Financial Instances of a be aware being circulated by the finance ministry concerning a crypto ban. The onus has all the time been on dealers and exchanges to ensure they confirm their prospects whereas curbing illegal actions. “I personally think that the Indian authorities would come out with certain crypto professional laws very soon, they won’t ban cryptocurrency since India … The connection between the Indian authorities and cryptocurrencies may be complicated to grasp. To make clear easy methods to get a license, the Association of Cryptocurrency Enterprises and Startups Singapore has introduced a "Code of Practice" to help corporations in their functions. Digital coin money crypto forex on bitcoin farm in digital cyberspace. In the meanwhile, the PBoC is conducting pilot tasks in the sphere of cryptocurrencies in several regions of the nation and has registered at the very least just a few patents related to digital forex. Referencing FIG. 106, an instance apparatus 10600 includes a controller 8506 having useful resource requirement circuit 10204 structured to find out an aggregated quantity of a resource 8710 to service a core job, a compute job, an power storage job, a knowledge storage job, and/or a networking activity for every machine of a fleet of machines in response to at the least one in every of a core job requirement, a compute job requirement, an vitality storage job requirement, an information storage job requirement, and/or a networking activity requirement for every machine of the fleet of machines; and a useful resource distribution circuit 10206 structured to adaptively enhance, in response to an aggregated related resource capacity 10604 of the fleet of machines, an aggregated useful resource delivery 10408 of the resource between the core activity, the compute task, the power storage task, the info storage task, and/or the networking activity for every machine of the fleet of machines.
Dubai bitcoin exchange
Therefore, if you want to maximise your potential returns, it is advisable to do your research. Therefore, Livecrypto has taken a step ahead in providing crypto users unadulterated platform that runs solely on blockchain. While there are opportunities for arbitrage between completely different http://njredeveloper.com/2021/12/01/crypto-exchange-price-comparison cryptocurrency exchanges accessible for technical customers and a few providers offering methods in sophisticated trading, the person of Nimbus Platform and the Avalon app achieve notable leverage by pivoting their buying and selling onto a single, easy to make use of app. Through a partnership with Visa (V), the corporate has issued its own Visa card, enabling users to spend their Bitcoin, Ethereum, and a further 26 different coins at over fifty three million merchants worldwide, plus any ATM that accepts Visa. As talked about on its website, the fintech firm from now will solely operate inside digital currencies. Full Wall Avenue & Cryptocurrency Trading Bootcamp is on sale now in the Hill Retailer for simply , down from the common value of 0.
Top 10 crypto exchanges in india
Bitcoin nozzles have anticipated a key part ever. First, let's discuss how you should buy a Bitcoin after which look at the mining course of. PrimeXBT gives 1% margin trading which equals to 1:A hundred leverage on all cryptocurrencies. Leverage is a key feature of a PrimeXBT trading platform, and will be a robust tool for a trader. This allows http://njenvironmentlaw.com/2021/12/01/bitcoin-exchange-arbitrage-bot you to trade Bitcoin with leverage. In case you are expert at a particular business, for instance, programming, or representations design, you may pick up a not too bad measure of Bitcoin doing free work. While this wasn't a simple process for all of them, creating the image was essentially the most troublesome since I'm not a artist myself. Mining is the route toward creating Bitcoins by means of dealing with computationally-troublesome points. Business Insider provides a quite simple methodology you might need to attempt (it did not work for us resulting from Java issues), or take a look at fashionable mining pool BitcoinCZ (also referred to as slush's pool).
Best bitcoin day trading platform
You understand that Insider Monkey doesn’t accept any responsibility and you'll be utilizing the data introduced here at your personal danger. Disclosure: No positions. Insider Monkey doesn’t recommend buy/sale of any securities. That plan didn’t work throughout the dot-com era and doesn’t appear to be working this time round. Google can be working on comparable tasks with its YouTube Original Programming. Silicon Valley and Hollywood proceed to cross-pollinate in 2015. Big companies like Amazon and Google keep investing more money in high quality content solely obtainable on their very own platform. 2015 shall be a yr when builders compete to make the killer apps for smartwatches. Should you make investments correctly and remain patient, you can also make an honest amount of money by simply buying and promoting Bitcoins. He's stimulated by Bitcoin's capability to vary the world money associated structure. In embodiments, offered herein is a transaction-enabling system having a machine that routinely purchases spectrum allocation in a forward marketplace for community spectrum and having a fleet of machines that routinely promote their aggregate compute capability on a ahead marketplace http://njenvironmentlaw.com/2021/12/01/bitcoin-exchange-tax for compute capability. You may be part of a mining pool to work with various excavators, and after that split the reward in perspective of how a lot computational capacity you did.
Crypto adoption in Africa continues to rise and plenty of consider the functions of DeFi can resolve a number of Africa’s monetary problems. And then there are those that believe that a lack of tighter and fewer ambiguous regulation is the rationale why mainstream adoption has but to materialize. “We believe that the unique features of the CoinZoom Visa card are one among the primary steps in the direction of serving to with mass adoption for crypto assets,” insists Crosland. In the following three months, CoinZoom will be expanding its Visa card providing from the U.S. Not solely that, all of them typically founded their logic on innovation, increasing access to financial services and arguments of inclusion. Consequently, many of these providers make the most of Bitcoin as their only method. With the precise disclosure and reporting necessities in place, buyers could also be more snug participating in offerings. If you want to buy Bitcoins for €1,000 on a crypto exchange, additionally, you will obtain exactly €1,000 worth of Bitcoins.
If you are simply trying to buy a few of the upper cap coins like Bitcoin and Etherium, this trade may be a great fit for you. He clarifies Bitcoin wagering on his site, Bitcoin Reviewer. Venture funds normally take a stake in a agency and help it grow its enterprise, something not possible with decentralized tasks, Wu said. Earlier than we get into the perfect VPN accepting cryptocurrencies, let’s take a second to grasp how Bitcoin works. The humans take the function of a developer. The pirate algorithm proves to be just as horrible, whereas the random one now exhibits its limitations. Some of the in-demand expertise available in the market at this time is knowledge of cryptocurrency, a market persevering with to grow each year, persevering with to change the world’s financial panorama. Binance, the world’s largest crypto-forex change, is operating a free three-day crypto-trading masterclass (with a give attention to DeFi) for crypto newbies and enthusiasts across the African continent.
You might be interested in:
fiat to crypto exchange usa http://njenvironmentlaw.com/2021/12/01/p2pb2b-crypto-exchange how to invest in bitcoin gold


text:
black friday is here now 9to5Google When our team is 9to5toys We work around the clock to bring you all the best deals. Throughout Thanksgiving Week, we’re bringing you all the hottest price drops on Google devices, home goods, fashion, and more. As usual, the major players take center stage this week, with notable deals from Amazon, Walmart, Target, Best Buy, and many more. Google deals for Black Friday 2022 and more See below for more information.
Black Friday kicks off at all major retailers
As expected, nearly every major player in the game announced Cyber Monday deals today. Leading the industry with spinning gold boxes It goes live every morning at 3am. This time around, we expect Amazon to offer the biggest discounts yet on smart home tech, TVs, Apple devices and more. Bookmark this page For all the latest price reductions.
Best Black Friday Deals on Google / Android
Google’s side of the Black Friday action is selling all new releases of the brand that just arrived earlier this fall.Our favorite offer of the year and easily one of the best offers is the new price reduction Google Pixel 7/Pro, both of which phones are currently hitting all-time lows. These are some of your first chances to save on a debut that just arrived a few months ago. from now $499 Along with all other Google Black Friday deals below.
Additionally, there are some notable price cuts from other brands in the Android space, including the latest from OnePlus and Samsung. All of these Black Friday deals are detailed below and will be updated throughout the week.
Roborock Launches Black Friday Savings Event
With Black Friday and Cyber Monday kicking off, the Roborock S7, like many other models, is heavily discounted, so you can score a killer deal on your new robot vacuum. Here’s the full breakdown.
Apple Black Friday Sale
Headlining all of Apple’s price cuts for Black Friday, the hottest offers of the holiday season are: All-new AirPods Pro 2 at lowest price everHaving just launched in early fall, one of your first chances to save money is going live from the usual $249 price tag, hit an all-time low of $200Featuring all of Apple’s latest true wireless technology, ANC earbuds have been revamped for the second generation and include many updated and new features. Scope of discount.
You can also purchase official Apple accessories at discounted prices. The new lineup of iPhone 14 covers adds a MagSafe charger and more. Almost all items below have a 25% price reduction and no further discount.
Amazon is another major brand participating in this year’s Black Friday savings, offering the likes of Apple and Google some notable first-party hardware offers. From all releases like the new Echo Dots, to Fire TV streamers, Kindles and more, all of these below are at the best prices of the year.
Selling iPhone and Android Essentials
- Black Friday Sale Begins on iPhone 14 Cases, MagSafe Mounts, Lenses and More
- Nomad Takes 25% Off Entire Collection Of iPhone Cases, MagSafe Chargers And More
- 12 South Black Friday sales go live with rare discounts on popular Apple accessories
- PopSockets Black Friday Is On: Pokemon Collections, MagSafe Grips, And Extra 20% Off
- Zagg offers 40% off sitewide on new MagSafe chargers, iPad Pro keyboards and more
- The BakBone One PlayStation iPhone controller sees its first deal on Black Friday for $75.
- iOttie’s Latest iPhone and Android Car Mounts Plus MagSafe Gear On Sale Starting at $17.50
- CASETiFY Black Friday Up To 30% Off: iPhone 14 Cases And More
- MUJJO Black Friday: First Deals Starting at $18 on iPhone 14 Cases, Wallets & More
- UGREEN’s Latest Nexode USB-C GaN Charger Drops From $30 To All-Time Low (25% Discount +)
- Belkin’s 15W MagSafe Kickstand Charger Beats Official Black Friday Deal at $27.50
All of the best Black Friday tech deals
Lots of smart home deals
Housewares, fashion and everything else:
Get ready for Black Friday by following 9to5Toys on all channels
FTC: I use automated affiliate links to earn income. more.


text:
Burger King apologise for ad offering whoppers to women impregnated by World Cup players
The advert promised women a reward for those who get "the best football genes" and "ensure the success of the Russian team for generations to come".
As well as as lifetime supply of Whoppers, 'successful' women would also be awarded 3 million Russian roubles (£36,000).
But following the backlash on social media which widely condemned the advert as sexist and demeaning, the fast food company posted an apology on local Russian network Vkontakte.
It read: "We offer apologies for the announcement we made. It was too offensive."
But this is not the first time that the Russian Burger King have caused controversy: only last year they used a likeness of a teenage rape victim in their two-for-one burger offer.


text:
WELSH consumers are supporting the farming industry by choosing Welsh milk and dairy products during their weekly shop, a new study shows.
Research carried out on behalf of DairyCo, said one of the key reasons people buy Welsh products is to support local farms and businesses.
The Welsh Dairy Products: Consumer Study Report was carried out as part of the Improving the Welsh Dairy Supply Chain project with the aim of gaining a better understanding of consumer knowledge and attitudes towards Welsh Dairy products.
The study revealed that Welsh dairy products are particularly well supported, with the survey’s respondents rating them amongst the most recognisable and attractive food and drink products Wales has to offer.
Welsh milk in particular achieved a high score in both the food and the drinks category.
Milk and cheese were by far the most recognised Welsh dairy products, with 57% of respondents mentioning a dairy food product including milk.
The study showed that most households do a weekly main shop at a supermarket where the vast majority (90%) purchase their milk.
As a result Welsh milk is associated with supermarket branding, with most people buying the brand offered by the retailer.
Awareness is also boosted by the fact that milk is used by households throughout the day and so it is a product that enjoys regular exposure.
Of the 870 million litres of milk processed in Wales, the vast majority is made into cheese, with more than 80,000 tonnes of cheese produced in 2010.
However, the survey shows that when buying Welsh cheese, consumers tend to focus on a particular brand or variety, such as Caerphilly.
Few consumers appeared aware of generic Welsh Cheddar; instead they focus on taste, price and how the cheese will be used.


text:
The company's stock was up more than 8% in midday trading on the announcement, to $13.73 per share. Shares closed up about 10% to $13.94.
The St. Louis-based toy retailer has hired investment bank Guggenheim Securities as its financial adviser and Bryan Cave as its legal adviser on the review, which will weigh the "full range of strategic alternatives."
Build-A-Bear said it has set no timetable for the process.
"The authorization to explore strategic alternatives by our Board will enable us to evaluate the various opportunities to potentially accelerate our key growth initiatives while enhancing total shareholder value," said Sharon Price John, the company's CEO, in a statement.
She noted that the company has had three years in-a-row of positive same-store sales and growth in profit, while generating strong cash flow.
Build-A-Bear would be an ideal target for a middle market private equity firm, with a market cap of nearly $212 million and an enterprise value of $181 million, when subtracting cash and cash equivalents of nearly $31 million while having no debt.
The enterprise value works out to be about 4.41 times the projected adjusted Ebitda of close to $41 million for the fiscal year ending on Dec. 31, 2016, well within range of what PE firms have historically considered to be attractive leveraged-buyout candidates in the retail space.
Not only does Build-A-Bear have the balance sheet for a buyout, but also to lever up for share repurchases or to pay out dividends.
During the first quarter, the retailer repurchased about 133,000 shares, spending a total of $1.5 million, it said.
While the company may have been looking to boost its share price through buy-backs, the move proved to be a sore spot for activist investor Cannell Capital, led by J. Carlo Cannell.
Cannell, which owns a nearly 5.1% stake in the toy retailer, according to data provided by Bloomberg, complained in a March 31 letter to board chairman Mary Lou Fiala that the company paid more to buy back shares then it needed to through open market purchases rather than tender for shares either via a single price or a modified Dutch tender.
Cannell also pointed out that allowing a CEO the ability to approve or reject candidates for membership on the board also interferes with its independence and ability to oversee the company's management and the compensation of said executives.
The investor was also not happy that Build-A-Bear's board approved an increase in compensation when the retailer's stock was near a 52-week-low.
Despite the gripes, Build-A-Bear continues to have plenty of bright spots.
During the first quarter of 2016, the toy retailer also saw a same-store sales increase -- an important measure of a retailer's health -- of 2.2% in the first quarter.
The company is also seeing success at its new 15-store Discovery format, with sales up 14%, it said.
Pretax income, however, was down, to $5.3 million from $7.1 million for the same period a year prior, although the recent figure included $1.9 million in business expansion costs, Build-A-Bear said.
Net income also declined to $3.5 million from $6.8 million, the company said, because its tax rate increased to 33.3% from 3.3% due to the "release of its tax valuation allowance in fiscal 2015."
Revenue was up at Build-A-Bear, to $95 million from $91.7 million for the same period a year prior.


text:
Yahoo moved further down the road to recovery in the fourth quarter as online advertising began to snap out of a yearlong stupor to ease the Sunnyvale Internet company’s long-running slump.
The results released Tuesday represented Yahoo’s best performance since the company hired tech-industry veteran Carol Bartz as chief executive a year ago. Bartz has been vowing since her arrival to engineer a turnaround that eluded her two predecessors, Terry Semel and Jerry Yang.
Bartz, 61, still has her work cut out for her, but at least Yahoo is turning more profitable because of mass layoffs and other cost cutting orchestrated by the new management team.
“Our business has positive momentum and we feel good as we head into 2010,” Bartz said.
Yahoo earned $153 million, or 11 cents a share, in the final three months of 2009, rebounding from a loss of $303 million, or 22 cents a share, in the previous year.
If not for charges for internal reshuffling and costs related to a proposed search partnership with Microsoft, Yahoo said it would have made 15 cents a share in the quarter. That topped the average estimate of 11 cents a share among analysts surveyed by Thomson Reuters.
Yahoo shares climbed 60 cents, or 3.7 percent, in extended trading. Before the release of results, the stock finished Tuesday’s regular session at $15.99, up 13 cents.
Revenue remained in a funk during the latest quarter, slipping 4 percent to $1.73 billion. That still marked progress from the first nine months of 2009, when Yahoo’s revenue dropped by 12 percent. Yahoo’s revenue has now declined in five consecutive quarters, its deepest contraction in eight years.
Yahoo’s forecast for the current quarter calls for revenue growth to resume during the three months ending in March. If Yahoo hits the midpoint of management’s target, first-quarter revenue would rise by about 3 percent to $1.63 billion.
The worst U.S. recession since World War II hindered Bartz through most of last year as skittish advertisers reined in spending on all media, including the Internet, where Yahoo has long been a marketing magnet.
Internet advertisers apparently are feeling more confident now amid growing evidence that the economy is on the mend, despite relatively high unemployment in the U.S. The revival helped lift Google’s fourth-quarter revenue 17 percent.
Yahoo was especially pleased with renewed spending on its bread and butter — the online billboards known as display advertising. Sales in that category were flat from the same time last year, but climbed 26 percent from the third quarter. That was Yahoo’s largest sequential gain in display advertising in three years.


text:
It started off as the Carlino concept that was revealed at the 2016 Auto Expo in Delhi, and now, three years later, it’s about to come to life – yes, the Hyundai QXi compact SUV is almost ready to hit showroom floors. With the launch just around the corner, Hyundai has now released a teaser video that confirms a few details about the QXi compact SUV.
The promo, which shows the QXi compact SUV make its way out of Hyundai’s manufacturing facility in Chennai, Tamil Nadu, features a camouflaged test mule, much like the ones we’ve seen in numerous spy shots so far. What is clear that in terms of styling, the Hyundai QXi will sport the company’s new design language for SUVs with a split DRL and headlight setup – similar to that of the Tata Harrier – and the same as seen on the Kona, new Santa Fe and Palisade. The QXi gets a chrome-lined lattice grille, pull-type door handles, roof rails, dual-tone alloy wheels and a glasshouse that’s nearly identical to that of its big brother, the Hyundai Creta. The ‘baby Creta’ silhouette will no doubt work in the QXi’s favour, as the Creta has developed quite the following over the years.
The QXi will, in true Hyundai fashion, be loaded to the roof with features. The promo confirms the QXi compact SUV will have a sunroof, and you can also expect a large touchscreen infotainment system with Android Auto and Apple CarPlay, disc brakes on all four wheels and a long safety feature list on the top-spec variant. Hyundai could also choose to go down the Mahindra XUV300 path and equip the QXi with a number of segment-firsts such as ventilated front seats.
At launch, the Hyundai QXi compact SUV will come with a total of three engine options – a 1.0-litre, three-cylinder turbocharged petrol making 100hp and 172Nm; and the 1.4-litre, four-cylinder petrol and 1.4-litre, four-cylinder diesel borrowed from the Verna. While the petrols are likely to be closely matched on power, the turbo-petrol engine will offer a significant torque advantage. “SUVs need strong mid-range torque, and the turbo-petrol will give the compact SUV some punch”, a source close to Hyundai told Autocar India.
The big news is that while the 1.4-litre petrol and diesel engines will likely be offered with a 6-speed manual gearbox, the 1.0-litre turbo-petrol will be paired to a 7-speed dual-clutch automatic gearbox, which will make the Hyundai QXi only the second compact SUV to get a dual-clutch auto ’box.
The Hyundai QXi compact SUV is set to make its global debut at the New York International Auto Show, which begins on April 17, 2019, and will be launched in India in the coming months. The QXi will have stiff competition in the form of the Maruti Suzuki Vitara Brezza, Tata Nexon and the Mahindra XUV300, which has received over 13,000 bookings in just a month since launch.
Hyundai QXi compact SUV: What to expect
Click here for all Hyundai models, prices, reviews, images, videos and more.


text:
April 16, 2012 -- Tainted tuna appears to be the source of a 20-state salmonella outbreak, according to the CDC and FDA.
Nearly 30 tons of tuna have been recalled by Moon Marine USA Corp., also known as MMI, of Cupertino, Calif. The frozen product is made up of raw tuna "backmeat" scraped from the bones." It's called Nakaochi Scrape and is made at a processing facility in India.
The product looks like raw ground tuna. It's not sold directly to consumers, but is widely used in sushi, sashimi, ceviche, and similar dishes. "Spicy tuna" dishes often contain the product.
Investigators have identified seven clusters of people who became ill after eating sushi from the same restaurant or grocery store. Of the four clusters fully investigated, all received the Nakaochi Scrape from the India facility.
The original product packages carry the Moon Marine or MMI name and are labeled Nakaochi Scrape AA or AAA. But these boxes may have been broken into smaller lots for resale. Individual groceries, restaurants, or consumers may not be able to tell whether the product came from the recalled lots.
Since Jan. 28, 116 people have fallen ill with the same unusual salmonella strain, Salmonella strain Bareilly. Twelve people have been hospitalized. There have been no deaths so far.
The 20 states where people fell ill are: Alabama (2 cases), Arkansas (1), Connecticut (5), Florida (1), Georgia (5), Illinois (10), Louisiana (2), Maryland (11), Massachusetts (8), Mississippi (1), Missouri (2), New Jersey (7), New York (24), North Carolina (2), Pennsylvania (5), Rhode Island (5), South Carolina (3), Texas (3), Virginia (5), and Wisconsin (12). There were two cases of illness in the District of Columbia.
People who become ill from salmonella-contaminated food usually get diarrhea, fever, and abdominal cramps 12 hours to three days after eating the tainted item. Illness usually lasts four to seven days.
Most people get better without treatment. But if the diarrhea is particularly severe, a person may need to be hospitalized. In some of these cases, the salmonella bacteria escape the gut and enter the bloodstream. Such infections can be fatal without antibiotic treatment.
Infants, older adults, pregnant women, and people with compromised immune systems are at particular risk of severe salmonella infection.
If you think you may have become ill after eating raw tuna -- particularly "spicy tuna" -- contact a health-care provider immediately.
Because the contaminated tuna was frozen, it may still be appearing in raw fish preparations. The FDA warns consumers to be sure that any raw seafood they eat is free of Nakaochi Scrape.


text:
- Udhyog Digital MSME Registration
Benefits of MSME Registration
The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme.
The Ministry of Micro, Small and Medium Enterprises, Government of India and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises


text:
Still, the weak economic environment and still high unemployment rates bode well for dusch discounters as Walmart (WMT) and Toys R Us, which will be offering staple goods on discount to target thriftier spenders.
Even if retailers report record sales volume, analysts will be still be wary to see the effect that the significant discounts have on retailers' margins and their bottom line, and how much they are relying on "loss leaders" to generate foot-traffic into their stores. Furthermore, a spike in Black Friday sales might only signal that consumers have front-loaded their gift shopping, and that sales in the remaining weeks running up to Christmas might actually be lower.
Analyst Brian Sozzi, of Wall Street Strategies, for one, says that Black Friday is seeing a much heavier international presence in Manhattan this year compared to the year before. "In the stores you see them carrying three, four bags a person," Sozzi says.
Case in point: This morning Sozzi met a UK couple who, he says, had spent 100 pounds shopping. They said they would have had to have spent three times more money for the same items in the UK."They are all taking advantage of our currency right now," explains Sozzi Meanwhile, Sozzi says, stores everywhere on Black Friday were experiencing heavy customer traffic. Sozzi notes that this is hardly surprising for Gap (GPS) stores and Old Navy, as well as Macy's, who have been offering the most promotions. Macy's traffic has been stronger than JCPenney's, which has just opened a store in Manhattan. Sozzi notes that Gap is selling very holiday-themed items, while Gap brand Banana Republic's has been more versatile. Overall, consumers have been taking advantage of stores that were opened on Thanksgiving, like Old Navy, Gap, Banana Republic, The Sports Authority (TSA), Walmart and Kmart, a subsidiary of Sears (SHLD). Meanwhile, favorable weather conditions nationwide kept consumers shopping throughout the day.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV


text:
Ontario to shut down all pot shops and open their own
Oh, hey. Did you think that maybe after weed is legalized in Canada you'd be able to step out and pick some up at the corner store like a bag of milk? Think again.
The Ontario government is reportedly set to roll out its own storefronts to maintain a tight grip over marijuana sales. As many as 150 provincial dispensaries could open as part of the plan.
As the July 2018 deadline for marijuana legalization in Canada looms, a control board is in works, which would ultimately result in the shut down of dispensaries across the province over the next year in favour of a government-controlled retail system.
In the cold light of morning, Ontario's marijuana selling scheme still seems duuuuuuuuuuuuuumb.— James McLeod (@TelegramJames) September 8, 2017
This comes as part of the overall plan to restrict access to weed, which will include a minimum purchasing age of 19, taxes, public education about the product, and other stipulations.
This is obviously bad news for the many small business owners who will see their dispensaries boarded up, and the decision will surely add to the raging debate about regulations and the role of the government in controlling the sale of pot.
Join the conversation Load comments


text:
Hisense has consistently led the way in home entertainment and has been a prominent presence in the Malaysian market for over a decade, with its diverse array of home appliances. They have gained international recognition as a top brand among home appliance brands, maintaining their position as the foremost TV global brand.
In Malaysia, Hisense has the initiative to fully engage with its fans, offering them the opportunity to experience the latest premium 2023 product lineup, and unveiling its collection, showcasing highlighted features to look out for when browsing their collection.
Mr. Derek Jin, Managing Director of Hisense Malaysia said “Having achieved successful entry and sustainment in Malaysia, Hisense is now dedicated to delivering an enjoyable home entertainment experience to our devoured customers. We are excited to share with all Malaysians about the latest Hisense’s 2023 product lineup for this year to all Malaysians,”
He added “Hisense is excited about the announcement regarding the worldwide sponsorship of UERA EURO 2024. This signifies Hisense’s continuous three-year involvement as an official sponsor, following FIFA World Cup 2022.”
Hisense has secured the second-highest TV shipment amount globally in the second quarter of 2023. According to the market research institute Omdia, they outlined the overall shipping volume distribution among major TV manufacturers, positioning Hisense in second place. They have remained in this position since 2022 and the first half of 2023.
To learn more about all of Hisense’s premium offerings, visit https://www.hisense.com.my/ and follow @HisenseMalaysia on Facebook, Instagram and YouTube.


text:
There has been a lot of buzz around 3-D printing recently, with recent products like a drivable 3-D car and printed prosthetics making headlines. Though still a foreign concept to some, expect consumer use of 3-D printing to increase now that the United Postal Service (UPS) announced they will be offering 3-D printing services at 100 locations around the country.
But before you look any further, let me remind you of one of Athens’ best kept secrets:
Joe Jollick, Director of the Biotechnology Research and Development Facility, says he has worked with both art and engineering students, as well as local guitar parts and supplies store, Stewart-Macdonald on 3D projects.
For those interested in viewing what’s been created, or learning more about 3-D printing / prototyping, be sure to visit during one of the upcoming open house dates.
The open house, held from 4:30 p.m. to 6 p.m. on the first Tuesday of each month, offers an opportunity for individuals to learn about this resource and how it can be used for research, scholarship, creative work and entrepreneurial activities.
The fall open house dates are Oct. 7, Nov. 4 and Dec. 2.
The Innovation Center is located at 340 W. State St., Athens.
The printer, an Objet350 Connex from Stratasys, has eight print heads to create objects from a wide variety of materials. It can be used to manufacture pieces for student art and engineering design projects or small products that can be sold by regional businesses. It’s the largest and most sophisticated 3D printer acquired by Ohio University to date.
For more information about the 3D printer, visit http://www.ohio.edu/research/innovation/3d/.


text:
The National Medicines Regulatory Authority (NMRA) yesterday said it has taken necessary action against a leading private hospital in Colombo by issuing a stern warning to its management for selling essential medicines at a higher price than the prescribed Maximum Retail Price (MRP), The DailyNews reports.
The NMRA has taken this action against the relevant private hospital following complaints received from the two patients admitted for in-ward care of the relevant Private Hospital.
Pursuant to the complaints, the NMRA said it had also intervened to ensure that excess charges for the medicines used by the two patients were refunded to them.
Issuing a press release, NMRA Chairman Asita De Silva said that maximum retail prices have been imposed on several types of essential medicines and medical devices through a Gazette Extraordinary No.2123/35 on May 15, 2019 and these price regulations are applicable to all brand names and generic names of selected medicines.
“The NMRA also informed healthcare institutions to adhere to selling prices even for in-ward patients. Violating these provisions would be treated as an offence under NMRA Act, No.5 of 2015 and offending hospitals may have their pharmacy licenses cancelled,” release said.
The NMRA advised the general public to be vigilant and complain to the Authority if they are overcharged for prescribed medicines and to visit www.nmra.gov.lk for further details on medicines under the price regulation through Gazette notification. (DailyNews)


text:
Posts Tagged “Chilean fruit arrivals”
Produce haulers truck a lot of imported fresh fruit from various U.S ports to destinations across America and into Canada. The largest volume of imported fruit this time of year is from Chile, arriving at such U.S. ports as Philadelphia; Wilmington, NC; and Long Beach, CA.
However, at the Port of San Antonio, Chile, dockworkers have been on strike for the past week. It’s gotten so tense that police special forces have intervened.
If some sort of solution to the strike isn’t resolved soon, your loading opportunities at U.S. ports will be significantly affected – in a negative way. Chilean fruit arrivals reach a peak between now and stretching into March.
Information is somewhat sketcky, but demonstrations are persisting and shipments to the U.S. and elsewhere have been hindered by the strikes. Union representatives claim that the government has not honored a recent agreement, due to the stubbornness of a port connected company, which the unions says is unwilling to negotiate.
The second week of the strike would jeopardize the export of an estimated 1.5 million boxes of fresh fruit, worth an estimated $40 million. Even more losses are expected if the dispute remains unresolved.
It is estimated that in February there would be 6 million-plus cases per week of fruit being loaded on boats at the port for export. One union spokesman said of the situation, “this is war.”


text:
Free Fare Mondays refunds travel costs paid with MasterCard via Apple Pay
Apple Pay users with MasterCard-based credit cards will be able to travel across the London Underground at no charge on certain dates, as part of a new initiative. The "Fare Free Mondays" promotion will refund fares for the transportation network across the UK capital every Monday from today until December 14, but only for daily fares paid for with credit cards that use MasterCard via Apple's mobile payments platform.
Personal Pickup expansion to UK follows recent Canada, Australia launches
Apple has expanded the reach of its Personal Pickup outside of the United States to the United Kingdom, in preparation for holiday shopping period. The service, only recently launching internationally after being in operation in the United States since 2011, will allow customers to order products online for later collection from a local Apple Store, with it potentially able to be picked up within an hour of ordering.
Tesco Bank, TSB latest two banks to support Apple Pay in United Kingdom
The number of ways iPhone owners can use Apple Pay has increased, with two more financial institutions in the United Kingdom offering support for the payments platform. At the same time, American Express has launched Apple Pay support for its cards in Canada, just as it confirmed yesterday, with support for Apple Pay in Australia expected to start up later this week on Thursday, again via American Express.
Amazon launches Pantry grocery delivery option in United Kingdom
Amazon has expanded its Pantry grocery delivery service to the United Kingdom. Launched last year in the United States, the UK version of the service allows its users to order more than 4,000 food, drink, household supplies, and other products in one delivery, with a fixed price of £3 ($4.50) for a delivery of a single 20kg (44 pounds) box, with extra boxes in the same order priced at £1 ($1.50) each if the physical volume of the original is exceeded.
UK broadcaster makes show archive available to purchase online
The BBC has expanded the online viewing options for its content, by launching its own digital store for its shows. The BBC Store will allow UK citizens to pay for individual shows from the broadcaster for later viewing, with the opportunity to buy currently-running shows for later viewing beyond the iPlayer 30-day limit running alongside classic programs from the BBC archives, all of which can be bought and downloaded to the user's home collection.
Proposal requires UK Internet providers to hold browsing records for one year
The government of the United Kingdom is attempting to force Internet service providers to keep a record of a customer's online browsing habits, in order to assist the country's security services. The draft Investigatory Powers Bill, presented to Parliament earlier today, would require ISPs to hold onto logs of websites visited by its users for a 12-month period, letting the police and other security-related agencies legally see where suspects have been online.
BBC bringing iPlayer streaming app to fourth-generation Apple TV
The BBC has confirmed it is bringing iPlayer to the new Apple TV in the future, but not at the set-top box's launch. The popular on-demand video streaming service, which allows viewers in the United Kingdom to watch missed content from the broadcaster's collection of TV channels and radio stations, will be arriving on the fourth-generation Apple TV in the coming months according to BBC director-general Tony Hall.
ISP had complied with UK data protection law prior to major breach
The head of TalkTalk has dismissed claims it hasn't done enough to protect the data of its users, in the wake of a major breach potentially affecting 4 million customers. In an interview over the weekend, Dido Harding claimed the company was not under any "legal obligation" to encrypt customer data, including bank account details and other sensitive information, and that it had done enough to try and protect their customers under United Kingdom law.
Customer identities, payment details may have been accessed during TalkTalk attack
British Internet provider TalkTalk has become the latest victim of a major cyber attack, with a breach involving the details of up to four million customers. The company has confirmed the breach took place on October 21 during a "significant and sustained" attack on its website, with details including names, addresses, dates of birth, phone numbers, email addresses, payment details and other account information potentially accessed by attackers.
News app lands in United Kingdom as part of iOS 9.1 update
Apple has rolled out its News app to the United Kingdom, replacing Newsstand in the country as part of the iOS 9.1 update. The Guardian reports the UK version of the newsfeed aggregator will include 14 British newspaper and magazine publishers, including the Times, Financial Times, The Economist, magazines from Conde Nast, and 27 national and regional publications from Trinity Mirror.
DisneyLife to offer videos, books, music, expansion into Europe planned
Disney is going to launch a subscription service in the United Kingdom next month, providing users with a variety of content across the media company's properties. Said to be called DisneyLife, the service will cost subscribers £10 ($15.50) per month, though unlike purely streaming services such as Netflix, it will offer access to books and music alongside streaming movies and TV shows from the Disney catalog via its apps.
Gaming news summary for October 11, 2015
Welcome to the Game Replay, the thrice-weekly look back at the wider world of gaming by the staff of MacNN. In today's edition, an ocean-based expansion for Sid Meier's Civilization: Beyond Earth ships, PlayStation Now's subscription changes in the UK, G2A responds to a Riot Games sponsorship ban, and Stellar Jockeys prepares to bring Brigador to Steam earlier than expected.
Last major UK bank will support Apple Pay months after launch
One of the last major financial institutions in the United Kingdom that currently does not support for Apple Pay in the country will be offering it to customers, though later than expected. Barclays will be joining the roster of UK banks, including Lloyds, HSBC, Natwest, and Santander, in allowing owners of iPhones and the Apple Watch to make payments using their devices, but apparently this will not take place until early next year.
Sprint increasing price of unlimited single-line plan from $60 to $70
Sprint is preparing to increase the cost of its unlimited plan for a single line. While it is currently priced at $60 per month for unlimited calls, texts, and data, the carrier will be raising the plan's monthly charge to $70 from October 16 for new customers. Existing customers on the plan will continue to pay the $60 monthly rate, with Sprint advising they can also activate a new phone and remain on the same $60 Unlimited Plan, as long as they still meet the plan requirements and are either purchasing or financing a phone.
London Apple Store queues visited by Samsung promotional teams
The retail launch of the iPhone 6s and the iPhone 6s Plus has reached Europe, as its makes its way around the world. Customers in the United Kingdom, Germany, and France were able to pick up their new smartphones at Apple stores, carrier stores, and other authorized resellers in the last few hours, with the new iPhones now on sale on sale in the majority of the 12 launch countries, leaving Canada, Puerto Rico, and the United States until last.
Free tier accompanied by paid options in UK FreedomPop launch
FreedomPop has made its first major expansion outside of the United States, by launching its free mobile phone service in the United Kingdom. Launching later than originally planned, FreedomPop's UK service is now operational, with its freemium model giving its customers the ability to use a small allocation of minutes, texts, and data to use each month without paying a monthly subscription fee, similar to its original US plan.
Proposal could offer customized radio stations for each BBC listener
Listeners of BBC Radio in the United Kingdom will be able to have their own personalized radio station, if plans from the BBC come to fruition. Controller Mark Friend, managing multiplatform music and radio services, has outlined a potential service where every listener would be able to listen to their preferred radio programming whenever they want, as a single cohesive station, leveraging the broadcaster's existing iPlayer live streaming and on-demand services.
Contactless payments transaction limit increased in United Kingdom
The limit for contactless payments in the United Kingdom has increased. The new limit of £30 ($46) per transaction, up from £20 ($30), applies to payments using contactless cards as well as Apple Pay, though some retailers may have to update their terminals before being able to use the new transaction cap. Trade organization the UK Cards Association now claims the limit increase is more than the average supermarket spend of £25 ($38), reports the BBC, potentially allowing the number of contactless transactions to increase.
Comcast makes Xfinity Share streaming app available to all subscribers
Comcast is extending access to an app that allows users to stream from their mobile devices to an X1 DVR-ready set-top box to all subscribers. The app, Xfinity Share for iOS and Android, can be used to broadcast photographs, recorded videos, and live video streams from a smartphone to a suitable cable box, and it is also possible to share the stream with another subscriber's TV. Slashgear reports the app was originally available to just Triple Play package customers, but now it can be used by any Comcast voice, video, home, and Internet subscriber.
Twitter signs two-year agreement with NFL for extra promoted content
Fans of the NFL will soon see more football-related content in their Twitter feeds. The NFL has signed a two-year deal with the microblogging service, reports USA Today, extending an existing Twitter Amplify program that has offered TV highlights on the service since 2013. As part of the deal, it is expected that "significantly more" content will be posted to Twitter each day, including sponsored tweets, recaps of recent games, as well as footage from the NFL archives.
Sophisticated attack over last two weeks targets UK mobile phone retailer
A major mobile phone retailer in the United Kingdom has become the latest major target of hackers. Carphone Warehouse has admitted some of its servers were breached on Wednesday as part of a "sophisticated cyber-attack" over the last two weeks, with it believing the personal details of up to 2.4 million people may have been accessed, potentially including names, addresses, bank details, and other sensitive customer details.
Ripping CDs in iTunes now illegal in UK, prosecution unlikely
A recent ruling by the United Kingdom's High Court has technically made the copying of CDs illegal in the country. A law that allowed the legal copying of copyrighted content for personal use, put into place only last year, has been overturned in the last few months after pressure from music industry groups, with the country's Intellectual Property Office (IPO) advising this technically makes software functions for ripping CDs to MP3, such as within iTunes, illegal once more.
Major banks add support two weeks after Apple Pay UK launch
Two more banks have started to accept Apple Pay transactions in the United Kingdom, two weeks after it launched in the country. HSBC and First Direct have joined the growing roster of UK financial institutions supporting Apple Pay, with their customers now able to make contactless payments in stores using the Apple Watch or iPhone 6, though there are still a few notable gaps in the collection of banks.
Amazon Fresh reportedly close to launch in United Kingdom
Amazon is preparing to launch its grocery delivery service in the United Kingdom later this year, according to reports. According to the Times of London and also Recode, the subscription-based Amazon Fresh service, where customers can order a selection of groceries and other consumable items, is apparently at an advanced stage and could start as soon as September, with London said to be the initial launch area.
London Underground users risk penalty fares if devices lose power
Passengers of the London Underground are being warned to make sure they have enough power in their iPhones and Apple Watches to complete the journey when using Apple Pay. Transport for London (TfL) has issued a notice advising users of potential pitfalls when using Apple Pay on the UK capital's transit system, including the possibility of double charging, penalty fares, and being unable to pass through gates.
HSBC confirms it will allow its UK customers to use Apple Pay in near future
HSBC will be joining the ranks of other financial institutions in supporting Apple Pay in the United Kingdom in the coming weeks. While the British arm of HSBC is slow to join the rest of the banks in providing customers the ability to use Apple Pay with their account, one major supermarket in the country has spoken up, claiming Apple Pay will be usable in all of its stores and petrol stations across the UK.
NatWest, RBS, Santander among first banks supporting Apple Pay in UK launch
Just as previously rumored, Apple Pay has gone live in the United Kingdom, approximately nine months after it first launched in the United States. Usable with existing contactless payment systems in more than 250,000 retailers across England, Wales, Scotland, and Northern Ireland, the service includes support for quite a few banks and financial institutions in the country, though there are a few notable banks missing from the initial launch list.
Twitter post matches earlier leak of Apple Pay UK launch date
Apple Pay's launch in the United Kingdom is likely to take place tomorrow, thanks to another leak from a financial institution. A now-deleted post on Twitter by HSBC UK has seemingly confirmed rumors that it will be going live on July 14 in the country, while retailers are also preparing for the launch by placing stickers in their store windows advertising that they will accept Apple's NFC-based mobile payments system.
TiVo offers discounted Roamio DVR to ex-Aereo customers
Customers affected by the shutdown and bankruptcy of streaming live TV service Aereo are being offered assistance by Tivo, in the form of a small discount until the end of the month. The set-top box company is providing the TiVo Roamio OTA for use with HD antennas as well as the TiVo Stream for no upfront cost, with a monthly subscription of $20 for two years.
EE fined by UK telecoms regulator over customer complaint issues
British carrier EE has been fined £1 million ($1.5 million) by regulator Ofcom for failing to resolve customer complaints in a three-year period from July 2011 until April 2014, against Ofcom's Code of Practice. The Next Web reports that EE failed to provide information to consumers about the alternative dispute resolution scheme, a way UK companies and customers can resolve an issue between the two parties by going through an independent body, nor did it send "deadlock letters" to customers when such a stalemate occurs. EE has 20 working days to pay the fine.
Spring expands Direct 2 You deliveries to four new markets
Sprint is bringing its Direct 2 You home delivery and set-up service to two new markets. The latest major expansion of the service, Sprint will now be delivering smartphones and transferring files and user settings between old and new devices in New York, Los Angeles, San Francisco, and Denver. This brings the total number of cities covered by Direct 2 You to 28, with it expected to roll out to more locations throughout the rest of this year.
New bPay wristband, key fob, sticker provides contactless payments in UK
Barclaycard is expanding the number of ways people in the United Kingdom can make contactless payments, by offering more NFC-equipped items. A bPay sticker, along with a key fob and a wristband, will be going on sale in the country soon, allowing customers to make the contactless payments quickly without having to carry an NFC-equipped smartphone or go through prompts in an accompanying smartphone app.
Gaming news summary for June 29, 2015
Welcome to the Game Replay, the twice-weekly look at the wider world of gaming by the staff of MacNN and Electronista. In today's edition, EA gets a closed alpha of Star Wars: Battlefront ready, an early access game on Steam pays a bug bounty, Nintendo offers more Amiibo models in the UK, and someone preorders Fallout 4 in bottle caps.
Amazon Prime Instant Video starts streaming HDR content
Viewers of Amazon's Prime Instant Video in the United States can now watch some of the service's catalog in a high dynamic range (HDR) mode. The first shows in HDR, Mozart in the Jungle and the pilot of Red Oaks, can be watched on a number of Samsung Ultra HD televisions through the smart TV app, with more programs using HDR and ways to access them said to be on the way.
Deal brings Marvel comics to Kindle Store
Comic book fans now have more of a reason to go to Amazon, as a deal between Marvel and the retailer has brought more than 12,000 digital issues to the Kindle Store, allowing for comics from the Amazing Spiderman, Daredevil, and other franchises to be downloaded to the Kindle app and Kindle ebook readers. The agreement does not affect ComiXology, the digital comic book service owned by Amazon, nor the ComiXology-powered Marvel Comics platform.
BT releasing 4K-capable set-top box, launching Ultra HD sports channel
BT has revealed it will be bringing 4K content to some of its UK customers, alongside the unveiling of extra sporting coverage on BT Sport. Pocket-Lint reports the set-top box will be an upgraded YouView+ device with 1TB of storage, capable of holding 600 hours of SD recording and 250 hours of HD video. The set-top box will be available only to BT Infinity customers when it is released. As for content, the dedicated channel BT Sport Ultra HD is being created, with it showing games from the UEFA Champions League, Barclays Premier League, FA Cup, and Aviva Premiership Rugby.
Browser-based version of Skype widens beta reach, global availability expected in weeks
Microsoft has opened up Skype for Web to more users, pulling it out of the closed beta and making it available to all current Skype users based in the United States or the United Kingdom. The widening of beta access follows after another web-based Skype change, namely a redesign of how Skype for Outlook.com appears and works for users of the browser-based webmail client.
UK sales to be reported via local Amazon subsidiary following government tax crackdown
Amazon is altering its tax affairs in Europe, following pressure from governments and regulatory bodies over the way it and other tech companies attempt to shrink their tax bills. The retailer is starting to run sales it makes in the United Kingdom within the country itself, instead of funneling them through Luxembourg to minimize the amount of tax it pays, a change that is expected to bring in millions in corporation tax to the UK treasury.
Free calls, texts, data offered to potential FreedomPop UK users
FreedomPop, the carrier that provides free calls to its customers, has revealed plans for its launch in Europe, after its trial in Belgium last year. The United Kingdom will be the first country to receive the service when it formally launches this July, which will provide 200 voice minutes, 200 text messages, and 200MB of data per month completely free to users, as well as unlimited free calls and texts to other FreedomPop users.
Google Play adds option to pre-register for Android apps
Android users are now able to pre-register for apps due for release in the near future on Google Play. According to Android Central, Glu Media's Terminator Genisys: Revolution game currently gives the option to sign up for an alert when the app is released, allowing them to buy it as soon as it becomes available. The same system also allows users who have registered their interest to unregister, if they no longer want a release alert for the app.
Tag Heuer smartwatch may have 40 hour battery life
Tag Heuer's high-end smartwatch will be shipping in October or November, according to a report. More details about the Swiss watchmaker's device received by Bloomberg points to a sale price of almost $1,400, and a battery life of around 40 hours from a single charge. Earlier reports point to it as using Android Wear and using Intel components, though it is believed it will be designed to appeal more tot typical buyers of premium smartwatches instead of technology enthusiasts.
Trusted Voice Smart Lock option rolling out to stock Android devices
Owners of devices running stock Android will be able to unlock their smartphones and tablets by uttering "OK Google." Following changes to Google Play Services, Android Police reports that the Trusted Voice unlocking option is starting to roll out, appearing in the Smart Lock settings. Users are warned before setting up Trusted Voice that it is "less secure" than a knowledge-based security measure, such as a PIN or a pattern, as "someone with a similar voice or a recording of your voice could unlock your device."
EE enables Wi-Fi calling, uses phone dialer instead of separate app
British carrier EE has turned on Wi-Fi calling for its subscribers in the United Kingdom. Launching initially on the Lumia 640, with the Samsung Galaxy S6 and the S6 Edge set to offer it from April 10 and more devices in the future, EE's version uses the phone's dialer instead of a secondary app, and will allow customers to make or receive calls and texts from both the cellular network and Wi-Fi hotspots. EE expects to have more than five million of its subscribers capable of using Wi-Fi calling by the summer.
Contested tax code a patch for decades of tax law allowing Irish loophole
As previously reported, the Diverted Profits Tax, also known as the "Google Tax," has come into effect in the United Kingdom today with very few changes to the proposed law. The tax law requires companies to list revenue and profit from other countries, aiding officials to determine if profits are being transferred elsewhere against UK tax code and making them subject to the tax.
Nest thermostat owners in UK complain about British Summer Time glitch
Owners of the Nest thermostat in the United Kingdom are complaining about a glitch where the device fails to respect this weekend's change to British Summer Time. Posts on the Nest support forums spotted by The Register note that the thermostat does recognize the change in time, but the schedule effectively does not take it into effect, with changes being performed one hour later than intended. While Nest works to fix the issue, one user has managed to get around the problem by changing the thermostat's settings, temporarily relocating it in software to Belgium.
Uber launching licensed taxi services in Germany following ban
Uber is going to launch a new service in Germany, following its ban by a local court this month. The court banned Uber over its use of unlicensed cab drivers, reports Reuters, and intends to fine Uber drivers violating local transport laws. A new service will be launching this summer, with Uber paying the commercial passenger transport licenses and to register drives as taxi companies at a cost of between 250 euro ($270) and 400 euro ($435) per driver, most likely under the UberX brand.
Existing BT Broadband customers get discount on new mobile plans
British telecommunications giant BT has started its return to the mobile phone market earlier than expected, by offering its customers cellular connections. Becoming a carrier once again, after spinning off what would become O2 in 2001, BT is providing modest SIM-only contracts to consumers, with existing home broadband customers getting a monthly discount on their plan.
Amazon expands Prime Now one-hour deliveries to Dallas
Amazon Prime Now, the retailer's high-speed delivery service, is opening up in Dallas. Just as with its other Prime Now locations, Prime subscribers in the fourth location will be able to use a mobile app on iOS and Android to place orders for groceries and household goods, between 8am and 10pm seven days a week, with TechCrunch reporting it still costs $8 for one-hour deliveries, while two-hour deliveries are free.
Acquisition of rival carrier by Three owner could create largest UK mobile carrier
The owner of British carrier O2 has agreed to sell the company to Hutchison Whampoa, the result of negotiations between the two owners which started in January. Telefonica, the owner of O2, has confirmed it will be handing over the carrier for £10.25 billion ($1.53 billion), with the deal still to receive regulatory approval before it can close completely.
Fire TV range adds external USB storage support, hidden PIN entry
Amazon has made a number of changes to its Fire TV and Fire TV Stick media streamers, as part of a software update. Changes to the devices, including the notable addition of support for external USB drives for extra local storage, come just in time before the retailer releases the Fire TV Stick in the United Kingdom, six months after the Fire TV shipped in the country.


text:
International Shipping Association BIMCO on Wednesday (25 March) published an article discussing possible outcomes for the shipping industry from the slowdown in manufacturing due to the COVID-19 pandemic:
As countries world-wide implement far-reaching measures in an attempt to contain the coronavirus (COVID-19), the global economy is starting to slow down significantly. The crisis is prompting flashbacks to the global financial crisis of 2008-09. Although the nature of this crisis is different, the economic impact is just as significant when looking at the flash Purchasing Managers’ Index (PMI) readings for selected European nations.
Global shipping thrives on industrial demand and consumer spending, and at this point in time, the PMI readings tell us that a storm is approaching, and demand is in for a sharp decline.
The flash readings of the Eurozone’s manufacturing PMI indicate a drop to 44.8 index points in March, a 92-month low, and down from 49.2 points in February. Germany’s manufacturing PMI is estimated at 45.7 index points in March, a drop of 2.3 points from February, while France’s manufacturing PMI is expected to drop to 42.9 index points, an 86-month low.
The pattern looks the same across the Eurozone. While the negative effects on the manufacturing sector seem limited to this point in time, the real depth of the crisis will become apparent over the coming months, as such a development comes with a delay to the manufacturing sectors.
More instantly, the services sector has taken a massive beating in just one month. The drastic slowdown has completely dwarfed the impact on the service sector experienced back in 2008-09.
Right now, supply chain disruptions have dented manufacturing, unemployment is rising fast, and the outlook is increasingly negative, partly owing to fewer new orders and a diminishing backlog of orders. Germany, for one, seems to be heading straight for a recession, just like the rest of the world will eventually do, according to an IMF statement from 23 March.
As one shock evaporates, another appears
The supply chain disruptions in the European countries stem from the wide-spread quarantines of China in February. As China slowly returns to normal, the supply chain disruptions will gradually fade and goods will start flowing again, but only until it is replaced by a negative demand shock, as the rest of the world takes its turn to battle the coronavirus.
BIMCO expects that container volumes out of China, containing intermediate and finished goods, will start to pick up in the short-term, but could stagnate or outright decline once the fallout from the coronavirus spread really tightens its grip on the advanced economies in the western world.
Shipping serves as the backbone of global trade, and while international trade of goods must continue amid quarantines, the lower demand for shipping could have unforeseen consequences for many companies.
While central banks and governments rush to implement stimulus packages to keep the economies afloat, it will bring little immediate relief to the shipping markets. There are no government packages which can offset faltering demand for shipping. Only when governments and authorities safeguard the free flow of cargo, the damage done to the shipping industry can be somewhat reduced.
Thus, the current objective must be to keep the free flow of cargo moving, not only to secure a global supply of food and goods throughout the crisis, but also to limit the impact to the shipping industry.
Photo credit and source: BIMCO
Published: 26 March, 2020
Between November 2016 and October 2017, Mr Tan falsified at least 20 invoices and submitted these invoices to UOB and OCBC, according to court documents obtained by bunkering publication Manifold Times.
‘CSM Taurus arrived in Singapore during mid-September and is currently undergoing final preparations before starting commercial operations,’ General Manager of CSM tells Manifold Times.
Criminal syndicate’s tampering with MFMs on bunker tankers Southernpec 6 and Southernpec 7 conceptualised by three masterminds and carried out by cargo officers on board, according to joint statement.
Seeks information connected to SGS COQs of Gas Oil and Marine Diesel Oil cargoes loaded on board Vinalines Glory from the Vopak Banyan Terminal in Singapore between January and February 2013.
Additional topics of bunker contamination and OCM services discussed at VPS’ Fuel Management Challenges – The Year of 2021 & Beyond webinar on 23 September; Manifold Times summarises the session.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.


text:
Tom Foley is campaigning to become the next governor of the Nutmeg State–by bashing New York’s mayor-elect, Bill de Blasio.
Mr. Foley released a new campaign commercial this week targeting New Yorkers wary of Mr. de Blasio’s tax-the-rich agenda as the Republican seeks to unseat incumbent Connecticut Governor Dan Malloy next year.
To make the argument, Mr. Foley’s ad displays a recent New York Post cover featuring Mr. de Blasio’s face next to communist imagery. (“Marxist” charges were, for a time, employed by Mr. de Blasio’s unsuccessful rival in the mayor’s race; Mr. de Blasio dismissed them as “silly.”)
“Hey, New York City!’’ Mr. Foley declares in his spot. “With your new mayor, I know many of you are thinking about leaving. Connecticut, with the same progressive policies you are about to see in your city, may not be first on your mind.”
“But wait a second!” comes the pivot. “Connecticut next year will probably elect a new governor … So enjoy one more year in your city, and then come join us in Connecticut.”
According to the Hartford Courant, Mr. Foley’s ad was set to start playing on NY1 and Fox News today.
The de Blasio campaign did not immediately respond to a request for comment.
Watch the ad below:


text:
After a report published by BitPinas that some crypto holders experienced P2P scams, more and more from the community shared their experience.
The Philippines ranks 5th in peer-to-peer (P2P) exchange trade volume according to the research “The 2021 Global Crypto Adoption Index” by Chainalysis.
Cryptocurrency exchange Binance revised its Peer-to-Peer (P2P) marketplace fees scheme for market makers.
Filipino crypto users will have a more easy onboarding process should GCash decide to enable crypto purchases directly on the app.
It was the single best month for P2P in the Philippines, whose previous record was just the month prior.
With the launch of local P2P, does it mean the Philippines is back in OKEx’s priority list? We interviewed OKEx CEO Jay Hao to know more.
Also, the volume of Bitcoin transactions in the Philippines in March 2021 has increased by 56% compared to the previous month according to data available for peer-to-peer exchanges Paxful and LocalBitcoins.
Also, Citi is claiming that while the digital asset industry is expected to grow as a whole, Bitcoin’s dominance could continue to decline as it’s going to be affected by the usefulness of other cryptocurrencies.
This is the largest recorded combined volume on both exchanges, with Paxful getting the lion’s share of the volume.
Bitcoin has firmly established itself above $30,000 in January 2021 while February was notable for a number of important news regarding institutional adoption.


text:
Louvre Abu Dhabi unveiled the Art Lounge, a modern roof-top lounge bar, at the art museum in Saadiyat Cultural District. The Art Lounge is located on the terrace on top of the Museum Café.
The Art Lounge showcases a contemporary design concept and provides sleek outdoor seating for guests to relax pre or post exhibition. Seating 200 customers, the lounge offers stunning, unobstructed views of the Abu Dhabi skyline.
“We are delighted to open the Art Lounge at this leading location. We believe Art Lounge will complement Louvre Abu Dhabi’s rich and artistic visitor experience. It will offer our guests a space to socialise while enjoying the beautiful view of Abu Dhabi’s skyline. With Art Lounge, we continue to achieve new heights for the Capital’s iconic attraction,” says Manuel Rabaté, director of the Louvre Abu Dhabi.
Visitors to the Art Lounge will be able to enjoy tapas-style fare that caters to local and international tastes and includes vegetarian and gluten-free options.
Louvre Abu Dhabi, born of collaboration between Abu Dhabi and France, is a universal museum that enables visitors to experience art and humanity in a new light.
According to a report by the United Nations, the fashion industry accountsFebruary 18, 2021 | By Shruthi Nair
The jewellery making industry has been under tremendous scrutiny over the yearsFebruary 11, 2021 | By Shruthi Nair
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created
UAE-based Al Islami Foods, one of the largest frozen food companies in
Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free
World’s largest fully integrated online brand in fresh fish and meat e-commerce
Homegrown, organic and plant milk company, Koita has announced its expansion into
Dubai-based Thai street food and tea bar restaurant, Cafe Isan is launching
Sunset Hospitality Group is stepping into 2021 with optimism and a load
In a virtual webinar held to announce the launch of Noon Food,
Tighter restrictions on hotels, restaurants, shopping malls and entertainment venues on account of
Walid Hajj and Fahad Alhokair, have officially launched the region’s first hybrid,
Dubai announced the suspension of entertainment activities at restaurants and hotels last
All hotels and restaurants have been directed to temporarily hold entertainment activities
The new Dubai Gold Souk is “very much on track”, according to
Gone are the days of traditional brick-and-mortar as well as purely e-commerce
The Dubai Gold & Jewellery Group’s ongoing jewellery campaign, held in association
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi)


text:
According to media reports, major tech companies like Microsoft, Google, Intel have laid off more than 45 thousand employees till October this year. Many small and large tech companies are also preparing to cut jobs. Also the recruitment of new employees has also been stopped. This includes such companies. Those who have earned big in online business. According to the companies, there was a large recruitment due to the online business during the lockdown. Now the balance is being done.
Read: These branded smart TVs are available at half price, make a theater at home, see the price
This is due to job cuts
There is an economic recession. So tech companies are already under the shadow of fear. First the corona lockdown and now the Russia-Ukraine war has brought uncertainty to the global market, halting recruitment of new employees. Also, a large number of staff cuts are being made. The reason for Russia-Ukraine war is also being said behind this. Due to the increase in Corona, there is a lockdown in China. Due to this, the problems of supply chain and tech companies have increased.
The most job cuts in these companies
- Twitter: The company has laid off nearly 50 percent of its employees. Almost 3700 people have lost their jobs.
- Netflix: 500 employees have been shown the way out.
- L&T: 5 percent workforce has been reduced.
- Tech Mahindra: Headcount has been reduced by around 1.4 percent.
- Wipro: Reduced workforce by 6.5 percent in personnel expenses.
- Snapchat: Preparations for 20 percent layoffs due to 40 percent reduction in stock. 1,000 wage earners may lose their jobs.
- Shopify: The company has announced a 10 percent layoff. More than 1 thousand employees may lose their jobs.
- Microsoft: So far, the company has laid off nearly 1 percent of its employees to cut back.
- Intel: The company is preparing to cut 20 percent of employees.
- Sea Gate: The company has prepared to reduce 8 percent of employees. Nearly 3 thousand employees may lose their jobs.
- Elevator: In the last one month, the company has reduced 13 percent of employees. Around 700 employees have been laid off.
- Stripe: The company is preparing to reduce the workforce by 14 percent. About 1120 employees will lose their jobs.
- OpenDole: The company will lay off 18 percent of its employees. 550 employees may lose their jobs.


text:
Rate this post
January 22, 2021 @ 09:58 +03:00
China has so far failed to meet its purchase commitments for U.S. goods under the “phase one” trade deal that it struck with the Trump administration. As part of the “phase one” trade deal, China agreed to buy at least $200 billion more in U.S. goods and services over two years — in 2020 and 2021 — on top of its purchases in 2017. The agreement, signed in January last year, paused a damaging tariff fight between the U.S. and China that started in 2018.
In its first year of implementation, China imported $100 billion of the U.S. goods agreed to in the deal — roughly 58% of the targeted $173.1 billion for 2020, according to Chinese customs data compiled by think tank Peterson Institute for International Economics. Even though they refer to the same thing, statistics on Chinese imports from the U.S. often don’t mirror that of U.S. exports to China, partly due to different data collection methods and standards in the two countries.
PIIE doesn’t track Chinese purchases of U.S. services agreed under the deal because the data is not reported on a monthly basis. Even before the pandemic, several experts had said it was not realistic for China to increase purchases of U.S. goods by that amount. The Covid-19 outbreak made meeting that obligation even more difficult as Chinese import demand plunged. In addition to goods and services purchases, the “phase one” deal also included broad provisions for China to strengthen intellectual property protection and open its markets to financial services firms.
China failed to buy agreed amounts of U.S. goods under ‘phase one’ trade deal, data shows, CNBC, Jan 22


text:
"We are working to introduce GeM 4.0 which will be more smarter, better, unified, intelligent and more inclusive. It will represent one of the largest uses of advanced technology in any government platform around the world. We have created a technology road map that enhances each and every step of the user experience on the portal," GeM Chief Executive Officer Talleen Kumar told .
The transformational portal will have features for market enhancement, catalogue improvements, revamping of bidding and rating system. The new GeM 4.0 is expected to be launched by August-September this year.
The advance portal will be integrated with central public procurement portal (CPPP), natural language processing-based search engine, timely payments to suppliers, demand aggregation, staggered delivery, GeM availability report and past transaction summary for informed procurement decisions, allowing buyers to publish bids on the portal itself, one-time caution money deposit, price bounds to ensure price sanity, rating-based filter system, seller incentives, and price variation clause, among others.
The scaling up assumes significance as public procurement of the central and state governments runs into several lakh crores annually.
Kumar also said government departments, agencies and public sector units can now procure products made by tribal communities from the GeM portal as it has added over 4,000 such items, including paintings, handmade showpieces and statues.
Tribal Cooperative Marketing Development Federation of India (TRIFED) has uploaded about 5, 000 products across 48 different categories -- paintings, handmade showpieces and statues, handcrafted hand bags and sling bags.
Currently, government departments, ministries, public sector units, state governments, and Central Armed Police Forces are allowed to carry out transactions through this portal.
The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are currently the top product categories. Services, including transportation, logistics, waste management, web casting and analytical, are listed on the portal.
So far, 3,78,379 sellers and service providers are registered with the portal to sell 17,24,300 products and several services.
- Front Page
- Pure Politics
- Brands & Companies
- Indices End 8-Day Rally Ahead of US Jobs Data
Indian equities reversed their eight-day winning streak Friday, taking a pause on their record-breaking path as traders trimmed bullish bets ahead of key US jobs data and carried lighter positions to next week amid a negative undertone in global markets.Luxe EV Sales on Full Charge, Push up Waiting Period
Luxury carmakers are seeing unprecedented demand for high-end electric vehicles (EVs), with the well-heeled snapping up models such as the Mercedes Benz EQS, BMW iX and Audi e-tron.OpenAI’s Chatbot Thinks Out of the Box, Comes up with Detailed Answers
A new chatbot created by artificial intelligence non-profit OpenAI Inc has taken the internet by storm, as users speculated on its ability to replace everything from playwrights to college essays.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
ETPrime stories of the day
10 mins read
7 mins read
10 mins read


text:
Optus “major restructure” just announced includes giving 750 staff the flick.
The redundancies of 750 roles will be carried out over over the coming months, and looks set to cost the telco $37 million.
The business restructure is designed to “drive greater efficiencies and give customers a stronger voice” Optus insists.
The majority of the roles to go will come from senior and middle management as well as operations, back office and support functions, the Singapore owned telco said today.
The telco is believed to employ over 9,700 in total, meaning these redundancies will push staffing numbers below the 9,000 mark.
The new structure will see the creation of a customer division managing all aspects of Optus’ customer relationship as well as new marketing and sales divisions to support the business, and centralising commercial, human resources and strategy functions.
Kevin Russell, Optus Consumer CEO blamed “the competitive environment” that is pushing Optus towards “a sustainable cost structure to remain competitive.”
“By creating a more efficient organisation with a renewed focus on the customer, we will be able to compete more effectively.
Russell believes the restructure will reinvigorate Optus brand and stronger mobile network, and “put us in an even stronger position… while at the same time driving sustainable growth for our business.”


text: First released in 1984, the Toyota Land Cruiser 70 was a huge hit — so much so that sales continued well into this century. Now, in response to consumer demand — and to celebrate the 30th anniversary of this iconic model — Toyota is re-releasing it for roughly a year. Drawing on the heritage of precious models, it features a traditional closed ladder frame, large approach, break-over, and departure angles, and part-time 4WD. It's powered by a modern 4.0L V6 engine that provides excellent fuel efficiency and nearly 230 hp when needed. The only bad news? You're going to have to figure out how to get it back from Japan on your own.


text:
# Earth day in texas
H-E-B Celebrating Earth Day With Charity Beer Collaboration
Grocery chain H-E-B is joining forces with a local beer company in support of Earth Day.Josh Olalde/Unsplash. Texas' most popular grocery chain has found a way to celebrate Earth Day in a very unique Texas way. H-E-B has come up with a charity beer collaboration. The grocery chain has teamed up with Texas Beer Company to create a brew that will raise funds for environmental organizations.