text:
As September arrives we review the events of August. The previous month has shed light on broker performance with the issue of company financial statements and volume reports. Sports sponsorships also continued to take place, but this time around it was the binary option brokers who stole the spotlight. Also occurring during August were a slew of new products and brokers entering the market. But, none of those stories rivaled the intergalactic revival of the Clone Wars….
It’s been 37 years since the world first got introduced to the Clone Wars
Perhaps not intergalactic yet, but definitely spilling over to the world of FX, the Clone Wars now affect both small and large firms alike. What are we talking about? Broker clones: The phenomena of fake websites being created using credentials of regulated companies to solicit accounts from unknowing customers. Clone sites primarily come in two forms. One case is a fake broker website almost identical to the broker it is cloning with the aim of gleaning client information, such as bank account and credit card numbers to commit financial fraud on affected customers. Such websites don’t actually sell forex services, but use phishing for confidential information.
The other form of cloning is actual online forex brokers who slap the existence of regulation on their websites, often stating they are affiliated with a licensed broker. In this case, the actual broker can become the target of angry customers who unbeknownst to them are actually trading with an unregulated broker.
Over the past two years Forex Magnates has viewed a plethora of websites as being clones of regulated brokers, such as Boston Prime, TradeNext and FXCM. Recently, a spike in cloned brokers has been taking place, with regulators also becoming more aggressive in realizing the problem and issuing warnings about the websites. During August, the FCA issued multiple warnings against cloned firms. Similarly, FXOpen issued its own warning against BE IN FOREX stating they aren’t affiliated with the broker. However, the big news, and bringing the matter to the mainstream media this past month, was the arrival of a string of sites cloning global financial giants such as Goldman Sachs and JPMorgan. The string of related sites being cloned is believed to have been conducted by professional hacking teams viewing opportunities in the financial sector to take advantage of naïve customers.
Volumes – Check out FXCM
Moving over to volumes, check out this chart.
Those numbers are a breakdown from FXCM of their retail and institutional activity. The bottom line, as retail has been more or less treading water over the past three years with a few spikes higher here and there, with the exception of a trough in late 2012, institutional volumes have been growing. Being reported in August, FXCM revealed that for the first time ever, its institutional volumes nearly surpassed those of retail during July. The final tally was $263B versus $262B in favor of retail. But, the performance shows that counting on retail to grow a broker’s bottom line isn’t what it used to be, along with the virtues of diversification.
So who is losing market share as FXCM, and similarly GAIN Capital grow their institutional activity? Look no further than EBS and to a lesser extent Thomson Reuters (although the latter is cannibalizing itself with the growth of FXall). Even after launching its relationship-based FX platform, EBS Direct, EBS continues to struggle, experiencing an 8% MoM decline in volumes during July. The MoM decline was similar to other trading venues such as Hotspot and the CME, but at $70.6B in average daily volumes versus consistently hitting triple digits two years ago, the ECN/relationship-based aggregator is seeing a waning interest of its products. Partially explaining the decline is a lack of volatility which has driven down the need for accessing deep market depth ECNs such as EBS and Reuters. In regards to EBS, market participants have also complained about the firm’s technology and support. While pricing always remains a primary driver of business, FXCM and GAIN Capital financial reports have shown that each firm’s institutional revenues per million dollars traded is above that of the major ECNs; thus signaling that they are winning business without focusing on costs.
Q2 Earnings Decline
HYCM to Run Exclusive Dubai Seminar on Year-End TradingGo to article >>
The overall weakness seen in July continued as a weak Q2 of forex trading due to historically low volatility. The trading ultimatlety affected the bottom lines of brokers as every firm releasing their Q2 results during August reported weaker figures during the period. Among individual brokers, FXCM’s YoY revenues fell 30% while those of GAIN Capital declined by 5%. GAIN’s numbers slumped even as its volumes rose with the inclusion of business acquired in their buyout of GFT. However, despite the volume increase, GAIN Capital was affected negatively by a drop to $77 of revenue per million dollars of retail volumes, versus around $120 in their previous two quarters. Forex traders were known to have achieved higher profitability during the quarter, which would have affected brokers like GAIN Capital who utilize a market-making model as part of their business.
Binary Options Brokers Inspired by the World Cup
While July offered a slate of forex related football sponsorships, August headlines were grabbed by binary options brokers. Announcing sponsorships was 24Option who partnered with Juventus. Elsewhere, EZTrader diversified its marketing by striking twin deals with German Bayer and Dutch Feyenoord. Also in a regional pact, iTrader signed a $280,000 deal with Beitar Jerusalem FC. The marketing ties come at a time when we have also seen global regulators taking a more aggressive stance about warning against unlicensed firms. As such, the football sponsorships can be viewed as an attempt to raise the credibility of the binary options brokers, as well as increasing their marketing.
Also of Note:
Darwinex launches DARWIN exchange: New broker Darwinex revealed publicly its new copy trading exchange product DARWIN Exchange. The product provides copy trading within a regulated framework.
Copy trading M&A – During August Invast strengthened their partnership with Tradency by taking a 15% stake in the Mirror Trader creator. Also, Ayondo’s CEO announced his firm’s continued focus on social trading as they received further capital from Luminor Capital.
Banks see drop in FX related revenues : A topic of discussion in our Q1 Industry Report. Due to margin compression in FX, banks are seeking means to protect their trading business from further revenue deteriorating.
New HTML5 Products: FxPro launches new HTML5 webtrader for MT4 accounts using charting technology from ChartIQ. Caplin Systems adds trading enabled mobile apps to its suite of single-dealer platform products. Devexperts to release HTML5 white label trading platform offering.
Interesting story of the month goes to…. Todd Crosland, former CEO and Founder of IBFX, emerges with his new project, launching crowdfunding platform, Seed Equity.
(Image courtesy of Deviantart)


text:
Multiplex chain, Inox just unveiled its multi-format 'Megaplex' in Mumbai. Spread across 60,000 square feet in the western suburbs, it hosts 11 screens. Inox currently has close to 600 screens in the country and is in an expansion phase. Last year, the chain opened 85 new screens, which Siddharth Jain, director, Inox Group says, “is a record in India”.
The Megaplex has four Insignia screens. Insignia is Inox's luxurious movie viewing experience with leather recliners, butler-on-call, laser projection and an exceptional dining catalogue, serviced by a LIVE kitchen. A new addition is Kiddles, a format specially curated for little guests. Kiddles has bright and vibrant seats and interiors, along with a lobby, where kids can even play and celebrate. The high priced additions are ScreenX, a multi-projection technology, offering a 270-degree panoramic viewing experience, MX4D, with 14 built-in motions and effects programmed into the seats and theatre walls, IMAX, 40 per cent larger image, a dual projection system and Samsung Onyx LED, a technology that Inox promises will offer 10 times brighter visuals.
Is there enough demand for such premium experiences in India? Demand needs to be created believes, Jain. “When we started back in 2002 at Nariman Point in Mumbai, many came to us and said that they had stopped visiting cinema halls for various reasons but once the multiplexes were launched they all said they were comfortable again. Similarly, we hope that a huge section of the population will come here and experience the cinema, the offerings that we have and we will get a good response,” he says.
The film business in India, as per KPMG, is estimated to be around Rs 18,320 crore, of which Rs 12,490 crore comes from domestic theatrical revenues. Overseas collections, satellite rights and advertising are the other large sources of income in the film business in India. In fact, Rs 1,140 crore was spent on advertising films, last fiscal. In FY19 Inox's revenue from operations stood at Rs 1,692 crore and, as stated by the organisation, close to 10 per cent came from advertising.
The new facilities will also help the chain rope in more advertisers, believes Jain. He says, “Most people do not realise that cinemas are one of the only places where brands can physically engage with their customers. You cannot do that with television. In cinemas, you can let the customer touch and feel your products. Brands struggle to take their products out and let customers experience it.”
He adds, “Every year we project almost 300-400 different titles, each movie caters to a certain audience. Some are made for children, some are made for teenagers, there are some for adults, parents and grandparents and some for couples. Depending on the brand and who your audience is, you can choose a particular film and target your customer.”
Alok Tandon, chief executive officer, Inox Leisure, feels advertising in multiplexes can grow beyond display ads before, after and during intervals on the screens. The Megaplex has got a huge lobby, which Tandon believes can be used by brands to display their products. Apart from that there are multiple LED screens in the lobby area for display ad purposes.
Tandon feels the newly announced formats too, open up new avenues for advertisers to connect with their target audience. “For example, someone launching a new food product can display an ad on the screens and at the same time can place the products in our concession counters. If a coffee brand wants customers to experience the aroma, it can associate with the Onyx screen where seats can diffuse the smell of coffee into the air. So there is a lot that the advertisers can do at this Megaplex beyond the on-screen ads,” he says.
Movies are one of the largest consumed categories on OTT, has it started to eat into the theatrical revenue pie? “The overall pie of content consumption has grown,” says, Siddharth Jain. He is of the opinion that, "Movie watching" is an outing, Indians do with their friends, family, partner, college groups, etc.
“The quality of the content is getting better year-on-year. Right as we speak, the movie 'War' has almost hit Rs 300 crore at the box office. We measure how many movies cross the Rs 50 crore mark. Three years ago, there were 22 films that grossed Rs 50 crore. This year, I think, we will cross 35 and I am talking about only Hindi language films (without including regional language films). That tells us, people are coming to the cinema more often,” he adds.
Inox, PVR and Cinepolis are the three major multiplex chains in India and all three combined witnessed a footfall of 19.1 crore, last fiscal as per KPMG. Inox's average ticket price in FY19 was estimated to be Rs 197 versus PVR's 207. Inox saw a growth in average occupancy in FY19 compared to the previous fiscal and so did PVR. Jain and Tandon both believe that the new formats, with advanced viewing experience, will further enhance the footfall.

domain: news


text:
The budget proposal, which will cover the period from 1 October 2012 to 30 September 2013, includes an increase of $253m to “build a strong, reliable food safety system” through the Transforming Food Safety Initiative.
The initiative includes $10m in resources for the FDA to enhance collaboration with Chinese food safety counterparts and increase its presence in the country.
The FDA is also proposing a new food facility registration user fee that would account for $220m of the budget increase.
The request is part of the President’s fiscal year (FY) 2013 budget.
The agency is requesting an overall budget of $4.5bn, which reflects a 17% increase on 2012. It would cover medical product development, protect patients and ensure the safety of the food supply.
China import safety
The production of goods regulated by the FDA has increased significantly in the past ten years, with China contributing a “large and growing volume of imported food and food ingredients.”
“With this FY 2013 initiative, FDA will increase its capacity to detect and address risks of food and food ingredients manufactured in China and to assure that these products do not result in harm to Americans,” said the Fiscal Year (FY) Food and Drug Administration Congressional Justification document.
The initiative will place greater responsibility on the Chinese food processing and packaging industry to ensure that foods imported into the US are safe and meet FDA standards.
FoodQualityNews.com reported earlier this month that 51% of all food processing and packaging inspection in mainland China failed.
“The result will be fewer import safety emergencies, less foodborne illness and earlier identification of safety problems associated with food and food ingredients manufactured in China.”
“Without this initiative, FDA will not have the resources to adequately identify and address risks associated with foods imported from China. Not funding the initiative could result in preventable harm to patients in America,” the report added.
Reduce costly outbreaks
According to the agency, the initiative will reduce the 2m annual cases of domestically acquired foodborne illness.
It will also boost the agency’s ability to identify sources of risk in the food safety system and reduce the time required to detect and respond to outbreaks.
“Outbreaks caused by contamination in the food and feed supply are costly to all – to consumers, to the food and feed industries, and to the health care industry,” said the report.
A 2012 study put the cost of US foodborne illnesses per year at $77.7bn.
“The resources in this initiative will promote public health in the United States by increasing the safety of America’s food supply.”
“Not funding this initiative will continue the pattern of recurring outbreaks and health risks from domestic and imported food, with the resulting disruptions to the food system and the economic burdens that result from foodborne outbreaks,” the FDA document added.


text:
06/02/2015, 10:06 am
Making use of its ties with Liquidmetal Technologies, Apple on Tuesday won a U.S. patent on a way of manufacturing products layer-by-layer using bulk-solidifying amorphous alloys, also known as bulk metalic glasses.
06/02/2015, 09:06 am
Just under one year after HomeKit was announced and less than a week before Apple's midsummer developers conference, the first devices certified for compatibility with the iPhone maker's new home automation framework have begun to hit shelves from companies like Insteon, Lutron, and iHome.
06/02/2015, 05:06 am
The U.S. Patent and Trademark Office on Tuesday granted Apple's invention for an earphone cable capable of detecting when its being shared between multiple users, allowing each to hear a monophonic audio track or completely different songs.
06/01/2015, 09:06 pm
As expected, Apple on Monday updated its Events channel on Apple TV, announcing users of the set-top streamer will have access to a live stream of the upcoming WWDC 2015 keynote presentation.
06/01/2015, 04:06 pm
Action camera maker GoPro on Monday announced a new mid-range model dubbed the Hero+ LCD, a $299 model featuring an integrated touchscreen display capable of recording 1080p high-definition video at 60 frames per second.
06/01/2015, 04:06 pm
Five people are receiving medical treatment after being exposed to a chlorine leak at Apple's data center in Maiden, North Carolina on Monday, reports say.
06/01/2015, 09:06 am
Microsoft on Monday announced that Windows 10 will launch on July 29 across 190 countries, available as a free upgrade for both mobile and desktop Windows devices.
06/01/2015, 08:06 am
A Bay Area recycling center is attempting to track down an unidentified woman who dropped off a 1976-model Apple I in April, after the computer sold to a private collector for $200,000 this month.
05/31/2015, 02:05 pm
Deleting multiple backups can help conserve valuable storage space in Apple's iCloud. Here's how to free up space in iCloud to ensure that your iPhone and iPad backups are up-to-date in case the worst happens.
05/30/2015, 02:05 am
Several events this week pointed to Apple's future plans, including a promotion for designer Jony Ive, comments from operations head Jeff Williams, and a takeover of augmented reality firm Metaio.
05/29/2015, 08:05 pm
An SEC filing posted Friday reveals Apple CEO Tim Cook donated 50,000 shares of Apple stock worth more than $6.56 million to an unspecified charity, the latest gift in a flurry of philanthropic activity rarely seen with company executives.
05/29/2015, 05:05 pm
The Spaceship Ring of Apple's futuristic Campus 2 project in Cupertino, Calif. is incrementally on the rise as manufactured concrete slabs are stacked together and locked into place, as shown in a new aerial video depicting progress over the past several months.
05/29/2015, 01:05 pm
As the news from Apple's upcoming Worldwide Developers Conference will be winding down, the company will be gearing up for its next major retail opening in New York City, officially scheduled for June 13, and AppleInsider has exclusive photos of the store.
05/29/2015, 10:05 am
Apple once again ranked highest this year on an annual Consumer Reports satisfaction survey for computer support services, the magazine has revealed in its July issue.
05/29/2015, 09:05 am
A logo created for the 110th anniversary of China's Fudan University -- one of the country's most prestigious institutions -- bears a striking resemblance to Apple's Touch ID emblem, spurring accusations of copyright infringement against the Shanghai-based school.
05/29/2015, 08:05 am
This week's all-new AppleInsider podcast features Mikey Campbell and Shane Cole as we discuss Jony Ive's promotion, Mikey's Pixelmator review, our Watch Effect series, and Apple Watch news. Also, Shane has a word to say on Apple Watch quality assurance.
05/28/2015, 04:05 pm
Apple earlier this month completed an acquisition of Metaio, a German augmented reality firm that first started life as a side project at Volkswagen, for an as-yet-unknown project.
05/28/2015, 02:05 pm
Starting on Thursday, IBM workers will be able to choose between a MacBook Pro, MacBook Air, or a PC when getting a new or updated workstation, according to a company-wide memo.
05/28/2015, 01:05 pm
Seeking to connect everything around us, from household appliances to public parking meters, Google on Thursday announced Brillo, a low-level operating system that can run on a range of devices, as well as Weave, a communications layer that will allow devices to talk to one another.
05/28/2015, 12:05 pm
Jony Ive -- appointed this week as Apple's first-ever Chief Design Officer -- has a long history of design work for Apple, stretching all the way back to a consulting role in the early 1990s.


text:
Prestolite Performance of Cleveland, a designer, manufacturer and distributor of auto racing, performance and appearance products, has named a former 3M executive as its new president. Don Barry will lead Prestolite, which includes among its brands Mr. Gasket, Accel, Accel Motorcycle, Hays, Lakewood, Mallory, Mallory Marine and Prestolite Proconnect. In a news release, Mr. Barry said he plans to accelerate Prestolite Performance's growth through a focus on new products, brand marketing and improved customer service. “My new role on the Prestolite Performance team will be to reinvigorate our brands and add excitement to the performance automotive industry,” Mr. Barry said. Mr. Barry's 27-year corporate career includes 16 years at 3M, where he worked in the company's automotive aftermarket business and as president of the Consumer Group Europe, based in Paris. He most recently was CEO at OttLite Technologies, a lighting company. Prestolite Performance in its news release noted that Mr. Barry is "an avowed car guy” whose current project involves searching for a chassis for his vintage 392 Hemi. He has owned numerous muscle (and other) cars during his lifetime, ranging from a 1964 Mercury Marauder to a 1970 LS-6 Chevy Chevelle, the company said.
Prestolite Performance names former 3M executive its president
Recommended for You


text:
Over 76,000 publishers are about to be back in business.
Yesterday, the US Senate passed the Marketplace Fairness Act, which is a critical piece of legislation to help reverse the effects of the “Affiliate Nexus Tax” laws passed by 9 states. The Nexus Taxes have been wiping out 76,000 small Internet advertising businesses since 2008, as these taxes enabled 1,000 online retailers to avoid collecting sales tax from internet advertising businesses in these 9 states by severing advertising agreements with them.
The impact of the Nexus Taxes have been incredibly detrimental. We have seen many publishers and performance marketers actually move to another state just to stay in business and avoid the severance of their contracts with retailers, drastically impacting their livelihood, family, and friends. The Affiliate Nexus Tax is also notably unconstitutional, as all sales and associated taxes should be considered equal, regardless of who promoted them.
Rebecca Madigan, executive director of the Performance Marketing Association, says that “Passage of the Marketplace Fairness Act will require all retailers, whether online or offline, to collect sales tax for all states, and remove the ability to avoid collection obligation if they sever Internet advertising agreements. This will allow online retailers to reinstate their advertising agreements and get 76,000 small Internet advertising companies back in business.” (See the PMA’s press release here.)
As the Marketplace Fairness Act moves to the House, it will again require bipartisan support to push this from legislation to law. Senators from both parties advocated on behalf of the Marketplace Fairness Act, including Mike Enzi (R-WY), Senator Dick Durbin (D-IL) and Senator Lamar Alexander (R-TN).
Hopefully Representatives in the House will pick up and pass the bill quickly, which if then signed into law by the President will enable publishers in states like Illinois that were devastated by the Nexus Taxes to get back on their feet and resume promoting the brands and products they know best.
Peter is CEO and Partner at TUNE. Developing his early skills as an online marketer in SEO, PPC, and Media Buying, he met the twin co-founders of TUNE in 2009 and had the opportunity to join prior to day one, leading product marketing for the company's first launch. He continues to contribute to media, white papers, analysts, and industry blogs with the goals of educating mobile marketers and making the digital marketing ecosystem more connected. Follow @peterhamilton


text:
What Stocks Are Very Volatile? Stock market volatility is nothing new, but the past year has amplified moves up and down as economic lockdowns hampered business prospects. Investors can make big gains or lose their shirts overnight, especially with cryptocurrencies and Reddit retail traders pumping prices up to squeeze short sellers.
So, what stocks are very volatile?
We have to look both forward and backward to determine that. Some companies are volatile because of the market they’re in or their age. Others have specific interest from short sellers, day traders, and other retail investors but lack institutional support.
Meanwhile, there are future-based companies that still haven’t proved their profitability and long-term viability of their business models.
Here are five stocks that are very volatile on today’s market.
AMC Entertainment Holdings Inc (NYSE:AMC) initially mimicked GameStop’s stock market insanity that defined the 2021 stock market.
A subreddit called Wallstreetbets on Reddit fueled a rally around the company’s stock as it struggled at the apex of the COVID-19 pandemic.
Although movie theaters reopened, they’re still struggling to regain pre-pandemic revenue. Many major movie studios like Disney and Netflix have direct-to-consumer release models tested on blockbusters like Mulan on Disney Plus and Wonder Woman 1984 on HBO Max.
Despite all the odds being stacked against it, AMC’s market capitalization of $14 billion in June 2021 is the highest it has seen since 2017. That’s a landmark achievement that doubled the previous spike earlier in the year and shows just how sticky this Reddit march on Wall Street truly is.
What was once viewed as “dumb money” that couldn’t sustain itself is now being respected across the country. WallStreetBets and its meme stocks could outperform 2020’s darling ARK Invest and Cathie Wood. Of course, the Oracle of Omaha Warren Buffett always advises a long-term hold strategy of at least 10 years.
We’ll see if the degenerates at Reddit have diamond hands for the long haul.
Beyond Meat Inc (NASDAQ:BYND) was founded in Los Angeles, California in 2009 as a plant-based meat substitute company. Since launching its initial lineup in 2012, it became a media darling and gained a lot of high-profile partnerships. You can find Beyond Meat in McDonald’s, Taco Bell, KFC, Pizza Hut, and more around the country.
Even though it’s widely available in both restaurants and supermarkets, Beyond Meat still has a lot of obstacles hindering it from comfortably pulling over the $10 billion market capitalization level.
This includes supply-chain issues, high pricing, and the need to spread consumer awareness. On top of these challenges, major food producers are working to recreate the texture of a fine steak, as most plant-based substitutes are based on ground beef and pork products.
And there’s plenty of competition; besides Impossible Foods, existing meat manufacturers like Tyson Foods (TSN) are growing their own plant-based meat substitutes, and the category is becoming crowded fast. This makes for a bumpy ride for any current and potential investors.
If Beyond Meat can leverage its existing partnerships to grow more space on grocery shelves (which its partnership with PepsiCo hints at), it has the potential to become a juggernaut. But don’t expect an easy road to the top.
Virgin Galactic Holdings Inc (NYSE:SPCE) is the Mojave, California-based space-flight subsidiary of Virgin Group.
Founders Richard Branson and Burt Rutan have high hopes for the space industry, and the company even inspired ARK Invest’s Wood to create a Space Exploration and Innovation ETF under her fund.
Still, the company has yet to hold a successful launch, and it’s not expecting to do so until early 2022. It won’t be a surprise if that’s delayed further, as test launches often are in the private space flight industry.
Tickets for a ride into space cost $250,000 a piece, and there are over 650 tickets sold already. About half of those potential passengers paid before the company’s 2014 crash of a test flight. Things have been rocky since then, and that volatility shows in the company’s market value.
Expect this to continue being volatile until a successful consumer launch. That could send the stock to the moon, but it surely could crash again if any civilians become casualties.
Ooma Inc (NYSE:OOMA) is a Silicon Valley-based telecommunications company that provides state-of-the-art VoIP services for home and business. These digital phone lines are much more stable than cellular, and they provide a robust offering of personalized add-on services.
However, it’s a volatile small-cap stock because of the industry it’s in. VoIP is more popular than ever, especially with people working from home. And the company could possibly climb above a $500 million market valuation.
It’s unlikely to remain there for long though, as pricing instability is consistent across all major carriers. Telecommunications is not an easy game, and it’s to some extent due to its broad array of subsidiaries that this company is still afloat.
And that brings us to our final volatile stock.
GameStop Corp (NYSE:GME) is the apex stock of the WallStreetBets diamond hand community. It was featured in a congressional hearing in early 2021 that included the CEO of the Robinhood app and some of the biggest players on Wall Street.
The company’s business model is viewed as a dead end as gamers increasingly buy digital games. However, there’s a proven secondary market for physical games, especially first-party Nintendo games. And many games come with extras like toys, shirts, and other exclusive real-world collectibles fans still love.
While many thought the company’s stock price would be dead, Reddit’s community rallies around it, and GameStop is proving more sustainable than analysts first thought possible. It got a new breath of fresh air in 2021 while many struggling retail investors proved their dominance over hedge funds and ETFs.
There’s no telling where the volatility sill strike next.
The author has no position in any of the stocks mentioned. Financhill has a disclosure policy. This post may contain affiliate links or links from our sponsors.


text:
It is an annual Tradition In September Apple introduces the new iPhone – and in the months before, Fans are eagerly awaiting the device. Every Detail of the rumor mill is diligently discussed, each photo of a component makes headlines. But this year is different. The hottest rumors of the upcoming iPhone model. But by 2020.
This could also be due to the fact that the rumors of the upcoming iPhone be relatively boring. While Apple revamped the earlier of every two years, the Design will now serve for the third Time, the Look of the iPhone X. Only the four-sided Triple-camera on the back is to take it off visually. The third point-and-Shoot will allow for angle-shooting. Of course the iPhone is faster. For Apple sweeps but probably the 3D Touch.
iPhone-rumors of a Radical change: there Will be no iPhone 11? By Malte Mans
get a Total of a manageable Update. No wonder, then, that the most hot-debated question is out of date, as Apple will call the devices. In addition to iPhone 11, iPhone Pro, iPhone XI or just iPhone (2019) are in the conversation.
Before the show
The rumors for the successor in the next year are not equal exciting. Several credible sources suggest that Apple should eliminate the bar (“Notch”) at the top, by fitting a smaller front-facing camera, which also brings the Sensors for Face ID below. In addition, the fingerprint Sensor has to come back under the whole of the Display installed.
The support for 5G networks, an AC-to-USB-C and a completely redesigned camera with Laser support and 3D images complete the deal. Since the 2019er iPhone is already outdated before it was presented.
market development The crisis of the (luxury)-Smartphones By Malte Mansholt Who will wait?
Apple might not like this development more. So far, no group had benefited so much from world to generate by the constant rotations of the rumors a Hype for its products, without paying a Cent for it. Many other companies try for a long time, to copy the. “Accidental” disclosure of Smartphone Parts are now part of the industries-ABC – including absurd antics. In the last year, complete Reviews to a Google Smartphone have appeared, for example, more than three months before it was even officially unveiled.
the effect of The Hype machine could not but flip quickly, if it increases the interest in the next model, but for the successor. Why should you expect to finally get excited, the iPhone 11, when the next model will be so much better?
The market is saturated
For Apple, this effect comes at a bad time. The Smartphone market is becoming saturated but safe, especially in the luxury area krieselt. Since Apple is limited still largely on this sector, a fall in sales. The makes itself felt: In the European market, Apple’s market share fell in the last quarter from 17 to 14 percent, according to analysts from Canalys. Samsung has been able to crack, however, with cheap devices for the first time in years, the 40-percent mark.
An important reason for the reluctance: Because the technical leaps between the generations in comparison to the Smartphone-have become the beginning of time is noticeably smaller, the devices no longer in use. To treat, instead of every or every two years, a new device to hit the customers only rarely. The Hype of a new model is relevant as a purchase incentive, are less and less.
first-quarter figures for Apple and the iPhone: Tim Cook rips and tears the rudder From the painted Mans
get the impact of How to pay by this development, Apple’s sales, will need to show. The group has already started a while ago, to make his strategy less iPhone dependent. The number of customers who always want the latest model, is expected to decline in the next few years, even more. Who comes of an older model, but perhaps not so much for what the iPhone from next year can. In comparison to a two-to-three-year-old device, the new features of the iPhone 11 are still quite large.
sources: Apple, Canalys (via 9to5mac)
topics in this article iPhone Apple camera 3D excitement New in Digital everyday question the sun, rain or cloudy: Therefore, all of the weather Apps show something else By Christoph Fröhlich display star travel worlds football trip to Madrid or Barcelona incl. Flight & Ticket from € 399 Whatsapp Messenger cracked: So a Hacker can manipulate your Chats By Malte Mans Tricks for smartphone owners to get This error when Charging will make your battery break Samsung’s new top models from Samsung makes the Galaxy Note 10 to the savings model and the Fans are upset By Malte Mansholt iOS 13 Apple’s new privacy Feature will be a Problem for Facebook and Whatsapp By Christoph Fröhlich 23 per cent, Plus Huawei is growing in spite of U.S. sanctions rapidly and makes ready for the crash By Malte Mansholt Involuntary laugh, “you Move your elephant’s body to me?” – the funniest Whatsapp-car corrections bargain? Galaxy A10 at Aldi: What is the Samsung Smartphone is good for 139 euros? By Malte Mans Samsung brings To verpatztem Start in April, folding the phone comes out in September, DPA, the New Tariff “radio” Freenet advertises unlimited Internet and announces to customers that play too much surfing By Malte mansholt 40 new Levels Mahjong – for free Now! Play iOS 9.3.6 iPhone 4s and iPad 2: Why Apple’s Old devices suddenly an Update From Malte Mans Improved map service brings to get From Monday rolls Apple’s camera-cars to Germany, DPA Messenger Without blue hook: how to read secretly Whatsapp messages-saving measure, With these simple Tricks of the iPhone memory is constantly full Of Malte Mansholt For Android and iPhone Facebook is the most popular App in Germany and it has not, except only on the images of the users Of Christoph Fröhlich malware Android Virus infects WhatsApp: Now German users are affected by privacy research, More than 1300 Android Apps secretly collect private data Of Christoph Fröhlich App Chaos This simple Trick cleans up your iPhone – and hardly anyone knows him By Malte Mansholt because Of a hour With this Trick you can delete Whatsapp messages even after days – guaranteed impact for Apple, Sony and co. Since the Second world war, Japan and South Korea zoffen – now of the conflict Of Christoph escalated Cheerful


text:
Skip to main content Log In Register Subscribe Need Help? Trans-Pacific spot rates build ahead of peak season after lull JOC Maritime News Container Lines More Container Lines News & Analysis April imports from Asia down from March but still impressive Service contract phase-in intensifies US import
Peak shipping season is coming soon — and the “parking lot” of container ships stuck at anchor off the coast of California is still there, with Oakland surpassing Los Angeles/Long Beach as the epicenter of congestion. West Coast port delays are having severe fallout for liner schedules.
There is little chance of congestion in the supply chain being resolved before the fourth quarter of the year, although some signs of improvement may begin to appear in time for the traditional peak season.
Analysis of container line sailing cancellations from late April to mid-June show that carriers are cancelling sailings well into the summer, according to analysis by logistics visibility specialist project44, indicating that the current undercapacity within many ocean freight markets “will remain
A process four years in the making to regulate the emissions of truck traffic in and out of Southern California warehouses reached its end earlier this month with the adoption of a new rule that the warehouse industry says will ratchet up costs in the sector.
Chinese manufacturers of container chassis will be facing duties on sales into the U.S. of more than 200% for the next five years following a final finding by the Department of Commerce.
March global air cargo traffic increased 4.4% compared to the same month in 2019, reaching the highest level recorded since the International Air Transport Association (IATA) reports began in 1990, and month-over-month demand increased at a slower pace of 0.4%, due to a softer performance by Asia-Pacific and African carriers. March 2021 saw a slower […]
CBP has announced the increased user fees for FY 2021: Merchandise Processing Fee (MPF) – Rate remains unchanged (0.3464%) Minimum $27.23 Maximum $528.33 Informal Entry $2.18 Resource: https://www.govinfo.gov/content/pkg/FR-2020-07-29/pdf/2020-16450.pdf
The FDA is exercising significant caution with the importation of hand sanitizer due to many products containing methanol, which is toxic to humans. For this reason, importers of hand sanitizer should be prepared for at least nominal delays in release of their shipments, and potentially extensive delays awaiting FDA lab analysis. Resource: https://www.fda.gov/drugs/drug-safety-and-availability/fda-updates-hand-sanitizers-methanol As can […]
A recent OFAC penalty case against an exporter illustrates the importance and clear monetary benefit of pro-actively reporting regulatory failures and implementing significant safeguards. In import considerations, such disclosures would typically take the form of the formal Prior Disclosure process, whereby an importer voluntarily reveals the errors and makes monetary amends of duty owed (if […]


text:
Today, Amazon Web services (AWS) has launched a new tool, Amazon fraud detector, to help users identify fraudulent online activities such as online payment and identity fraud. The tool uses machine learning and Amazon’s more than 20 years of fraud detection expertise to detect fraud in milliseconds.
Amazon fraud detector is a fully hosted service that can easily identify potential fraudulent online activities, such as online payment fraud and the creation of false accounts.
billions of dollars of assets are defrauded by online fraud every year. Companies that do business online are particularly vulnerable to criminals. These criminals often use different attacks, such as creating fake accounts or paying with stolen credit cards. Companies often use fraud detection applications to detect fraudsters and stop them before they have a significant business impact on their business. However, these applications often rely on business rules, which can’t keep up with the speed at which fraudsters change their behavior and methods. Recent fraud detection applications have tried to use machine learning. However, they often use a one size fits all approach based on common data sets and fraud, which are not directly related to your business and therefore limited in accuracy.
fraud detector overcomes these difficulties by using your own data, machine learning (ML) and Amazon’s more than 20 years of fraud detection expertise. It can automatically identify potential online fraud, so you can detect more fraud faster. Even if you don’t have previous ml experience, you can create a fraud detection model with just a few clicks, because fraud detector handles all the ML heavy tasks for you.
accurately distinguish legal and high-risk customer account registrations so that you can selectively introduce other steps or checks based on risk. For example, you can set up the customer account registration workflow to provide additional e-mail and phone verification steps only for account registration requirements that exhibit high-risk characteristics.
potential fraudsters can be found even in customer groups with no transaction history. Customers who trade regularly usually use a registered account. As a result, you can get transaction history, which makes it easier to detect potential fraud. On the other hand, because guest checkout does not leave historical account usage or user behavior data, it is more difficult to detect fraud. With Amazon fraud detector, you can assess the potential fraud risk by simply sending an e-mail and IP address from a guest bill, so you can decide whether to accept an order, review an order, or collect more customer details.
we found that it was more likely to abuse the “try before buy” service account, such as fashion services that sent clothing and accessories to you for experience before paying. Through Amazon fraud detector, online businesses can assess the risk of customers violating the terms of service, and set certain limits on the value of goods or services provided to prevent goods from being stolen or returned due to violation of the terms of service.
reduce online payment fraud by tagging suspicious online payment transactions before processing payments and completing orders. With Amazon fraud detector, you can set up the checkout process to evaluate new orders and mark suspicious orders before processing payments, reducing credit card refunds.
Amazon fraud detector provides templates that make it easy for you to create ml models, so you don’t need to write any code to detect potential fraud. You simply upload historical online event data, such as transactions or account registrations, and select the model template that matches your use case. On this basis, Amazon fraud detector can automatically train, test and deploy custom fraud detection models suitable for your business.
when fraudsters create accounts, Amazon fraud detector can immediately detect fraudsters by predicting the risks in the information they provide, so that you can mark suspicious activities before they cause actual losses. This is because Amazon fraud detector uses advanced machine learning technology, which can even be used to provide limited data when creating accounts. Amazon fraud detector’s machine learning model can detect up to 80% of potential criminals than traditional methods.
the pre built machine learning model template in Amazon fraud detector was developed based on more than 20 years of experience in preventing criminals from trying to cheat AWS and. For example, Amazon fraud detector uses a model similar to that in the AWS account registration process to create different account validation steps for low-risk and high-risk registrations.
Amazon fraud detector automates the complex tasks required to build, train, tune, and deploy fraud detection models, enabling the anti fraud team to move faster. After creating the model, they are able to create, view, and update rules to enable model prediction based operations without relying on the help of others.


text:
Verizon chief confirms it's eyeing a bid for Yahoo
Verizon chief executive Lowell McAdam has admitted it is considering a bid for Yahoo, according to CNBC.
The telecom giant has hinted of its interest in acquiring Yahoo in the past, with Fran Shammo, executive vice president and chief financial officer of Verizon, saying at a conference in December: “If Yahoo is right, we might look at it.”
However, when prodded earlier this week on how Yahoo would fit into Verizon’s three-tier strategy – great connectivity, owning traffic-driving platforms, and owning content – McAdams said: "We have to understand the trends. But then at the right price, I think marrying up some of their assets with AOL and the leadership would be good."
Verizon agreed a $4.4bn buyout of AOL in May 2015. Since then AOL has been put in an “incubator” with Verizon “feeding the information from our money subscribers into the AOL engine.”
The addition of Yahoo media to the mix could “turn it into something special,” according to CNBC.
Yahoo has found itself the target of potential takeover deals following years of lower-than-expected growth under chief executive Marissa Mayer. Most recently, Mayer was forced to axe 15 per cent of its workforce as revenues in its latest quarter dipped 15 per cent to $1bn.


text:
Damen Shipyard Group is unveiling its new lineup of ship-handling tugs at the International Tug, Salvage & OSV Convention in Marseilles, France, featuring the RSD Tug 2513.
Dedicated to ship handling, the 2513 achieves 70 metric tons of bollard pull in both push and pull modes, always bow first and using its patented Twin Fin skeg design for safety. Damen markets the design as “a safe, simple and efficient concept, ideal for terminal operations.”
A new series of compact multi-purpose vessels, the ASD Tug 2312 and ASD Tug 2813, meets the needs of ship handling and other missions including salvage and coastal towing.
In both push and pull modes the designs respectively have 60 tons and 80 tons bollard pull. The 2312 has Maritime Labour Convention-compliant accommodations for a crew of six and aft deck are of 54 square meters. The 2813 has accommodations for 10 and an aft deck of 82 square meters.
In addition to its new designs, Damen has updated its ASD Tug 2810 to the 2811, and is introducing an upgraded ASD Tug 3212, which was first introduced at ITS 2012.
All these next generation vessels are laid out to comply with the new stability regulations, initiated as Harmonized Class rules and enforced by the International Maritime Organization for adaptation in January 2020.
“Increasing the standards for stability requirements is a clear and necessary answer of the IMO and classification societies to the increasing power and compactness of modern ship-handling tugs to ensure maximum safety in operations,” according to Damen.
New Damen tugs are equipped with a modular Marine NOx Reduction System, to enable compliance with IMO Tier III regulations. The system achieves flexibility for owners to comply with the newest emission regulations - which will be gradually extended over the world’s ports - directly from the start of building, during building or even as easy retrofit.
Tugs are equipped with the new Damen Digital Platform, built to deal with the everyday challenges in operations planning and maintenance and enable customers to increase efficiency of their operations for a sustainable future.
“We have been working hard as a team on the development of this next generation,” Damen product manager tugs Dirk Degroote said in announcing the new lineup. “We knew it was important not to reinvent the wheel. Our vessels have proven themselves reliable and efficient over the years and still have much to offer. That being the case, the development of the next generation series has been about taking the best of our existing vessels and adding innovation to deliver a range of vessels fit for the future.”


text:
SEOUL, June 22 (Xinhua) -- South Korea's foreign currency deposit rebounded last month as exporters delayed the exchange of export proceeds on rising expectations for the strong U.S. dollar, central bank data showed Wednesday.
Deposit, denominated in foreign currencies, amounted to 89.17 billion U.S. dollars at the end of May, up 2.18 billion dollars from a month earlier, according to the Bank of Korea (BOK).
It marked the first rebound in three months, after dwindling by 5.43 billion dollars in March and 5.72 billion dollars in April, respectively.
Local exporters refrained from exchanging export proceeds amid the strong dollar trend, caused by higher interest rates in the United States.
Foreign currency deposit, held by companies, gained 2.26 billion dollars to 73.91 billion dollars in the cited month, while the individuals-possessed deposit fell 0.08 billion dollars to 15.26 billion dollars.
The U.S. dollar deposit jumped 2.17 billion dollars to 75.35 billion dollars, and the euro deposit gained 0.12 billion dollars to 5.13 billion dollars last month.


text:
A year ago, Tesla quickly responded to the discovery of a security vulnerability in the Model S key fob that could enable a car thief to clone it in seconds and drive off. A year on, Tesla has released another update in response to a second vulnerability with the same Model S key fob.
A brief history of Tesla Model S hacking
Tesla Model S wireless key fobs use a system of encrypted codes to transmit the unlock and disable immobilizer signal from key to car. So far, so good. Unfortunately, that encryption wasn't as good as it should have been. A research team at the KU Leuven university in Belgium discovered that a relatively weak 40-bit cipher was being employed in the fobs and devised a method of quickly breaking it. How fast? How does 1.6 seconds sound? As Wired reported at the time, "The researchers found that once they gained two codes from any given key fob, they could try every possible cryptographic key until they found the one that unlocked the car. They then computed all the possible keys for any combination of code pairs to create a massive, 6-terabyte table of pre-computed keys."
Using readily available hardware the hackers were able to remotely target the Tesla key fob, as long as they were within three feet or so of the victim, and then spoof the fob into responding to a request for codes that could be compared to the pre-computed key table and Robert was your Mother's brother.
Tesla paid the researchers a $10,000 (£8,200) bug bounty reward for disclosing the security flaw and fixed the issue. This included the key fob encryption being upgraded from 40-bit to 80-bit. It took the best part of a year, mind you, but the vulnerability had to be thoroughly tested, the proposed fix also had to be thoroughly tested and integrated into the manufacturing process. All of which takes time. In mitigation, only Tesla Model S vehicles sold before June 2018 were affected, and Tesla had also introduced a dashboard PIN code option that would need to be entered before the car would start.
The newest Tesla key fob vulnerability
The same team of researchers, led by Lennert Wouters, found that they could crack the replacement Tesla Model S key fob. This new attack method was more limited in range than before and took twice as long to crack the codes. However, as it only took two seconds for the original hack, this isn't any great relief to Tesla Model S owners. Now you might be thinking that doubling the 40-bit encryption to 80-bit should have made the job of cracking it many billion times harder. Unfortunately, a configuration error allowed the researchers to tackle breaking two 40-bit keys instead of a single 80-bit one. This reduces the key discovery process from billions of times to just twice as hard.
Although Wouters and his team didn't demonstrate the full attack this time around, instead they proved that the concept was possible, it was enough for Tesla to take seriously. This time, there is no need for new key fob hardware either; the fix is all done using an over-the-air (OTA) software upgrade as it was just a configuration error.
The Tesla response
A Tesla spokesperson told Wired that "While nothing can prevent against all vehicle thefts, Tesla has deployed several security enhancements, such as PIN to Drive, that makes them much less likely to occur. We’ve begun to release an over-the-air software update (part of 2019.32) that addresses this researcher’s findings and allows certain Model S owners to update their key fobs inside their car in less than two minutes."
Tesla believes that neither of those options would be available to other vehicle manufacturers, by way of getting security fixes to existing owners. It refers to this ability to roll out over-the-air security updates as being unique. Indeed, anything that helps differentiate a manufacturer in the increasingly crowded electric vehicle market has to be good for business, and if it's good for vehicle security as well then it's a win-win.
Does the car hacking expert agree?
Ken Munro is the founder of, and a consultant at, Pen Test Partners. This is a security company with a long and highly-regarded history of exposing vulnerabilities in the automobile sector.
"The failed fix was a bit of a facepalm moment for Tesla," Munro says, "perhaps a lesson not to try to fix a vulnerability too fast without sufficient validation." Not that Munro thinks we should overlook the ability of Tesla to push those OTA updates not only to the car but also to the fob. "That is an achievement," Munro says, "and a major bonus for security."
Indeed, Munro suggests comparing this with the significant problems VAG had when fixing the Megamos transponder key security problems a few years ago. "It took nearly two years to get all affected vehicles into their dealer network for updates to be applied," he says.
"Tesla does all the right things," Munro says, "it innovates, encourages and assists researchers and can fix issues fast; helping us in the past when we accidentally bricked our own car during research." He also acknowledges that there is a fine line between the "leading edge of innovation and the bleeding edge when security doesn’t quite keep up."
Munro also says that most manufacturers are making "significant progress with security," particularly where the electric vehicle market is concerned. "Manufacturers are starting to offer functionality on-demand," he says, such as the concept of paying to unlock launch control for a weekend of fast driving fun. "This adds interesting layers of complexity and payments where security is essential," Munro concludes.


text:
Last week we reported that Google and Asus had plans to kill the Nexus Player, one of the best Android TV devices currently on the market, but now, it looks like the device could be getting a refresh.
According to a recent FCC certification filing by Asus, a new Nexus Player model with a variety of minor changes could be in the works, though nothing has been confirmed yet.
If the filing is to be believed, the new model will include a modified WiFi antenna and a variety of hardware updates, including a new RF circuit and layout, as well as components like USB, HDMI and a power button.
Build wise, if this new Nexus Player is legitimate, it seems to adopt the same hockey puck form factor as the first-generation device.
It’s also likely the device has been given a processor upgrade as well and isn’t listed in the recent FCC filing because doing so is not required. It’s also possible Asus may never release this new model after submitting the FCC paperwork, which is sometimes the case.


text:
With 25K vehicles produced in 2022, Rivian (NASDAQ:RIVN) has emerged as a leading EV (Electric Vehicle) player. However, the company is less efficient than Tesla (NASDAQ:TSLA), as noted by Adam Jonas of Morgan Stanley. Jonas said the RIVN’s inefficiencies are taking a toll on its margins.
The analyst said that RIVN set a production target of 50K vehicles for 2023. While production is projected to double, Jonas expects RIVN to post a negative gross margin of 68%. In contrast, the analyst pointed out that when Tesla produced over 50K units in 2015, it delivered a positive gross margin of 21.3% (ex-credits).
While Jonas sees inefficiencies at Rivian, he quickly points out that the operating environment has changed a lot, negatively impacting the company’s margins. For instance, the surge in lithium prices and significant competition augmented Rivian’s challenges vis-a-vis Tesla at the same stage.
Jonas reiterated his Buy recommendation on RIVN stock. His price target of $26 implies a stellar upside potential of 96.82% from the current levels.
While Jonas is bullish about RIVN, let’s check what other analysts recommend for the stock.
Is RIVN Stock a Buy?
RIVN is focusing on ramping production and cost reduction, which bodes well for growth. However, near-term pressure on margins and heightened competition could play spoilsport.
Including the rating from Jonas, RIVN stock has received 13 Buy ratings. At the same time, four analysts recommend a Hold, while two are bearish. Overall, RIVN stock has a Moderate Buy consensus rating. Meanwhile, analysts’ average price target of $28.11 implies 112.79% upside potential.
While analysts are cautiously optimistic about the company, hedge funds sold 18.2 shares of RIVN in the previous quarter. RIVN stock scores three on TipRanks’ Smart Score system, implying it is more likely to underperform the broader markets.


text:
Apple's odds of beating a $533 million (roughly Rs. 3,536 crores) court verdict have improved, thanks in part to its frequent nemesis in patent lawsuits, Samsung Electronics.
Samsung and Apple, working together, won a decision invalidating a patent claim owned by closely held Smartflash LLC. A review board at the US Patent and Trademark Office said Tuesday that the patent for a way to access and pay for online content is simply a "fundamental economic practice long in existence in commerce."
Two other Smartflash patents that also formed the basis of the February 2015 federal court verdict in Texas are being reviewed at the patent office. A decision on one is due by April 4 and the other by May 30, Apple said in court records.
The patent office reviews are part of a two-prong attack by Apple against Smartflash, which makes a business out of licensing its patents. Apple is asking an appeals court to throw out the verdict altogether, saying the patents were invalid and denying that its iTunes software used the Smartflash techniques.
Samsung and Alphabet's Google also were sued over the same digital rights management patents; their cases are on hold pending completion of the patent office reviews.
Technology companies are frequently turning to the Patent Trial and Appeal Board as a way to get rid of patents that they're being sued over. The reviews were set up to provide a faster and cheaper way to resolve patent disputes.
The rate of success has been so high that it's been dubbed the "death squad" for patents. The drug industry is asking Congress to change the rules and the US Supreme Court has agreed to consider the new system.
Smartflash can challenge the board decision, and it ultimately would end up with the same appeals court that's considering the trial verdict.
Officials with the two companies didn't immediately return queries seeking comment.
© 2016 Bloomberg L.P.


text:
Amazon will buy Target this year, Gene Munster predicts
London: Amazon.com Inc.’s shakeup of the retail landscape may not be over, according to one well-known technology analyst.
The internet giant will acquire Target Corp., Loup Venture co-founder Gene Munster wrote in a report highlighting eight predictions for the technology industry in 2018. Amazon made waves in retailing last year with its $13.7 billion purchase of Whole Foods Market Inc.
“Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count,” Munster wrote, noting both companies focus on mothers and families. “Getting the timing on this is difficult, but seeing the value of the combination is easy.”
Market share numbers suggest a deal would be approved by regulators, and Wal-Mart Stores Inc. would still have a larger share than an Amazon-Target combination, Munster said. He estimated a take-out valuation of $41 billion, or a 15% premium to Target’s current value. Target shares rose as much as 3.1% as of 10:36am in New York.
Munster, 46, co-founded Loup Ventures, a venture capital firm focused on virtual reality and artificial intelligence, in early 2017. Before that, he’d worked for 21 years as an analyst at Piper Jaffray Cos., where he was known for his accuracy in predicting Apple Inc.’s financial potential.Predicting Amazon’s next deal has become a common theme for analysts. In November, DA Davidson analyst Tom Forte wrote that Lululemon Athletica Inc. may be attractive to the online retailer, while Citigroup analyst Paul Lejuez recently catalogued a host of potential targets, including Abercrombie & Fitch Co., Bed Bath & Beyond Inc. and Advance Auto Parts Inc.
Still, Amazon may not just be interested in retail deals. Last month, CFRA bank analyst Ken Leon wrote that he foresees the Internet company buying a small- or mid-sized bank in 2018. Bloomberg
- Trade war: China renews pledges to open economy, protect intellectual property rights
- 1 militant killed in encounter in Kashmir’s Budgam district
- JD (S) releases 3D game to shed anti-urban image
- Steve Smith admit ball tampering in 3rd test against South Africa
- Students march across US demanding stricter gun laws after mass shootings


text:
Piggly Wiggly store to open in Hartford
Fox Bros. Piggly Wiggly announced Wednesday that it will open its seventh store in Hartford.
The company will open a store later this year at the site of the former Reuben's County Market on the east side of the city along Highway 60.
A grand opening date has not been set, but the store is expected to open later this year.
"We are excited to bring Fox Bros. Piggly Wiggly to Hartford," president Pat Fox said. "We pride ourselves on having the best customer service possible and to be involved in the community as a good business partner."
Fox Bros. also operates stores in Hartland, Hubertus, Jackson, Oconomowoc, Saukville and Slinger.


text:
Advanced Micro Devices (AMD) has announced it has settled its flash-memory lawsuit against Alcatel Business Systems, a unit of Paris-based telecommunication equipment giant Alcatel.
In April, AMD filed a breach-of-contract suit against Alcatel Business Systems, claiming Alcatel had not honoured an agreement signed by the two companies last year, in which Alcatel had agreed to purchase and AMD had agreed to supply flash-memory products over a two-year period.
Flash memory is used in devices, including phones, that need to keep data in memory even when the device is turned off. The type of contract AMD and Alcatel had is common in the electronics industry; it ensures the supply of products at a price acceptable to consumers and ensures the seller - in this case AMD - generates sales from the agreement.
The suit, which was filed in the Supreme Court of the State of New York, has been pending in the US District Court for the Southern District of New York, AMD said in a statement. Terms of the settlement have been sealed as part of the agreement, AMD said.


text:
KUALA LUMPUR: RHB Research has initiated coverage on MR DIY Group Bhd with a "buy" as it expects its valuation to undergo a further rerating on a scarcity premium and potential inclusion in benchmark indexes.The research house forecasts FY20-22 net store additions of 130 175 and 175 inclusive of new store brands in Mr Dollar and Mr TOY."To capitalise on the underpenetrated home improvement retail sector and robust industry growth, Mr DIY is targeting to open at least 100 additional Mr DIY stores a year – leveraging on its impressive track record in opening profitable stores and achieving new store payback periods of "The network expansion should lift cost efficiency – taking into account the operating leverage – whilst brand visibility and awareness is likely to be furtherenhanced," said RHB.It forecasts a three-year core net profit CAGR of 25% to RM616mil in FY22 stemming from post-Covid-19 demand normalisation, outlet expansions, healthy same store sales growth and efficient cost management.RHB has a discounted cashflow-derived target price of RM3.20, which implies 39x FY21 price-earnings at about 25% premium over the regional peer average."We believe Mr DIY’s valuation will continue to rerate – on the scarcity premium to be ascribed accordingly, given the lack of sizeable-cap consumer retail stocks offering a similar growth profile."Also, the potential of the stock being included in major benchmark indexes such as the FBM KLCI and MSCI should raise further interest," it added.
buyappleacc.com is a professional website selling Apple Developer account for more than 3 years, choose us, provide you with the best Apple Developer account. Don't hassle, just step out.


text:
Keep the change, say Germans alarmed by European plan to scrap copper coins
Desperate to save pennies as the economic crisis continues to bite, the European Union is mulling over phasing out one and two cent coins after it emerged that they cost more than their face value to mint.
The bloc’s legislative arm, the European Commission (EC), announced proposals last week to ditch the single currency’s lowest-value coins, arguing that the difference between the value of the coins and their cost to manufacture and distribute had reached €1.4bn (£1.18bn).
But opposition is growing, with the German broadcaster Deutsche Welle reporting yesterday that German citizens were keen to keep precise pricing.
“There are relevant surveys, including from the German Central Bank, that show that a huge majority of consumers like the one- and two-cent coins,” said Stefan Hertel, press spokesman for the German trade association.
The concern is that prices will be rounded up on products which lure the consumer with the psychological “99 cent” barrier – people would, for example, be much more inclined to buy a €3.99 tube of toothpaste than a €4 tube.
But evidence from nations such as Finland and the Netherlands, which have largely phased out the coppers, shows little difference in overall pricing.
Carsten Brzeski, an economist at ING in Brussels, told Reuters: “If you think about the psychology of price, I think you’ll rather see a rounding down to 95 cents than an upward adjustment.”
The fate of the 45 billion one and two cent coins in circulation will be decided after consultations between the EC and member states. Another option is to mint small value coins with cheaper materials than the current iron coins, which are coated in copper.
- 1 Enrique Iglesias injured trying to catch a drone mid concert
- 2 Caitlyn Jenner, formerly Bruce Jenner, reveals new look on Annie Leibovitz shot Vanity Fair cover
- 4 Man on naked bike ride gets ejected after becoming aroused
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Why this year's general election was the most unfair in Britain's history
£26000 - £35000 per annum: Recruitment Genius: A luxury beauty house with a nu...
£8 per hour: Recruitment Genius: This company are currently recruiting new exp...
£25000 - £28000 per annum: Recruitment Genius: This award winning Property Man...
£20000 - £25000 per annum: Recruitment Genius: A fantastic opportunity has ari...


text:
Miami-based biotechnology company TissueTech has secured $82 million in Series C funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced June 26.
According to its Crunchbase profile, "Founded in 2001 by Amy Tseng, President and CEO, and Dr. Scheffer Tseng, Chairman and Chief Scientific Officer, TissueTech, Inc. is a leader in regenerative amniotic tissue-based products for use in the ophthalmology, optometry, musculoskeletal and wound-care markets. The National Institute of Health (NIH) has supported TissueTech’s research with more than 25 continuous years of research grants. Since inception, 150,000 human implants have been conducted using the company’s patented CryoTek process and 300 peer-reviewed scientific publications have been produced supporting the technology platform."
The 18-year-old company has raised four previous funding rounds, including a $15 million round in 2015.
Over the past year, seven Miami-based biotechnology companies have secured venture funding, totaling $91 million in new investment to the local industry.
In other local funding news, education and web-development company Ironhack announced a $4 million Series B funding round on July 1, led by JME Venture Capital.
According to Crunchbase, "Ironhack is a global school offering full-time and part-time courses in Web Development and UX/UI design. Ironhack was ranked as the #2 student-rated coding and design bootcamp in the world by national rating site Switch Up. Since 2013, with campuses in Miami, Madrid, Barcelona, Paris, Mexico City & Berlin, Ironhack has graduated over 2,000-plus students who are building their careers at global companies like Google, Visa, and Twitter."
The company also raised a $3 million Series A round in 2017.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.


text:
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of "Playing the Edge." Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
When Estonian entrepreneur Ardo Reinsalu began thinking about where in Europe to base his new startup, it didn’t take him long to decide on Munich.
After spending nine years as the head of a committee advising the Estonian Development Fund, he had a good feel for the various pros and cons of all the continent’s various tech hubs, including Berlin. He electric scooter sharing service for corporations, Stigo, is focusing on Berlin, Hamburg, Frankfurt, and Munich, with employees in each.
And so placing the headquarters in Munich, he says, was mainly a function of practical choices and convenience. Besides seeing more venture capital moving there, the cluster of large corporate headquarters and offices in Munich means “it’s where a lot of business-related decisions are made.”
During a visit to Munich for the Bits & Pretzels conference in early October, this was a sentiment I heard echoed by many of the participants in the region’s growing tech ecosystem. While Berlin is a great creative community for young entrepreneurs and startups, they say, Munich has a much richer network of opportunities to partner or sell to its constellation of large corporations, as well as a wealth of programming talent.
GamesBeat Next 2023
Join the GamesBeat community in San Francisco this October 24-25. You’ll hear from the brightest minds within the gaming industry on latest developments and their take on the future of gaming.
Berlin may be more glamorous and hip, but Munich is the place to get business done.
“Things are bigger and more established in Munich,” said Joel Spolsky, CEO of Stack Overflow, which has one of its three main offices in Munich. “If you’re selling to the tech industry, you’re better off being in Munich.”
Shining a light on Munch’s sometimes overlooked tech economy was the very reason Bits’ three cofounders Andreas Bruckschlögl, Bernd Storm van’s Gravesande, and Felix Haas launched the event in 2014. Each was an entrepreneur, but wanted to promote the region’s considerable strengths.
“We felt that no one was talking about Munich as a tech startup city,” said Bruckschlögl. “We felt that Munich was underrepresented. The city needed people to be missionaries.”
There is no denying that Berlin remains Germany’s true startup hub. A report in 2017 from consulting firm EY noted that 70 percent of the venture capital raised by Germany’s top 100 startups went to Berlin. Hamburg was second with 8.1 percent — though that is a bit skewed because local favorite Kreditech Holding has raised almost $500 million, one of only five Hamburg-based startups on that Top 100 list.
Munich ranked third with 7.9 percent of the money raised, and has 13 companies on the list. But just as importantly, the range of those startups, from AR to deep tech to mobility, shows the breadth of the region’s technical prowess. They include local Nest rival Tado, which just raised a round of $50 million. Flixbus, which has developed digitally driven alternative bus and train services, is also based in Munich.
So is IDNow, which is building a mobile facial recognition platform for authenticating transactions. Local unicorn Celonis has raised more than $80 million in venture capital for its platform that analyzes data and optimizes operations for large companies. And augmented reality startup Reflekt is developing applications for enterprises.
Those companies have gotten a boost as more venture capital financing has drifted south to the Bavarian capital. Emblematic of that trend is Munich-based Digital+ Partners, which closed its first VC fund this summer of €350 million ($400 million). Founded in 2015, the firm focuses on industrial tech and fintech, and joins a growing roster of VC firms either based in Munich or with offices there.
“Munich has really evolved over the last couple of years,” Haas said. “We used to think we had to go to Silicon Valley. And then Berlin. And now it’s all happening in Munich.”
Of course, another way to look at Germany’s tech scene and how it’s different is the distribution of developers. The tech ecosystems in other European countries tend to be highly centralized around capital cities such as London and Paris. Not so in Germany, however.
According to data from Stack Overflow, there are 98,000 professional developers in Munich compared to 100,000 professional developers in Berlin. That’s pretty close, considering Berlin has a population of 3.52 million compared to just 1.45 million in Munich.
A large part of that community is there thanks to the massive corporate presence of tech and non-tech companies that wish to be more tech savvy.
On the mobility side, BMW is based in Munich, as is its BMW Startup Garage. The Audi HQ is about 60 miles away, making the region a focal point of connected and autonomous mobility development. And aerospace giant Airbus has a big presence here, having opened its material lab in 2016, which includes the headquarters for its industrial 3D printing research team.
Thanks to the tech talent and its local universities, Munich has also been a big draw for U.S. tech companies. Those with offices in the region include Adobe, Amazon, Cisco, Google, Hewlett Packard, Intel, Microsoft, Oracle, and RedHat.
That roster also includes IBM, which in 2015 opened its Watson IoT Global Headquarters in Munich to house 1,000 developers and researchers. Located in Munich’s Highlight Towers, the company said it was IBM’s biggest investment in Europe in more than two decades.
And earlier this year, Google announced a long-term partnership with the Technical University of Munich (TUM), including a €1 million ($1.14 million) grant to develop artificial intelligence, machine learning projects, and robotics. Google now has about 500 employees in Munich.
“Automation and robotics are key elements of the fourth industrial revolution that we are currently experiencing through advances in artificial intelligence,” said Eric Schmidt, the executive chairman of Google’s parent Alphabet, in announcing the partnership. “The concept of Industry 4.0 was developed here in Germany, the home country of all industries. We’re delighted with the opportunity to work in this important area in our partnership with TUM and UnternehmerTUM.”
On the homegrown front, industrial tech giant Siemens is also based in Munich. The company has created its own corporate VC fund, Next47, which invests in startups disrupting industry, energy and infrastructure. And Siemens recently opened a massive new headquarters in Munich for 1,200 employees.
As with many tech hubs, however, success and momentum can also bring challenges. Munich is already an expensive city, even by German standards. The presence of all those corporate giants, particularly from abroad, can make competition for talent tough, and increasingly costly. And as Berlin saw recently when Google pulled the plug on a planned office there amid a local backlash, waves of tech immigrants can cut both ways.
“Munich itself is booming,” said Storm van’s Gravesande. “It’s such a run for talent here. That’s the big issue we have to solve.”
(Disclosure: Bits & Pretzels paid for VentureBeat’s travel and accommodation to the conference in Munich.)
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.


text:
Discussions of Metaverse technology have become more common in recent years as a major development in digital experiences, but the technology remains a mystery even to many on the cutting edge.
In a report published by Reader’s Digest , author Mimu Nakontai said the word metaverse does not refer to one specific thing, but to a network of applications that use advanced technology in virtual reality To facilitate online interaction, moreover, users can make their own digital avatars to communicate and move in various virtual spaces just like in real life.
The author added that in the 1990s, the Japanese game company “Sega” introduced virtual reality games into electronic arcades.
The authors argue that the current version of the Metaverse can be attributed to these technologies, “but no single technology has been more important to the development of the Metaverse than virtual reality glasses.”
Beyond that, the author adds that video game enthusiasts are the biggest beneficiaries of the Metaverse, and video games are probably the most interesting things in the Metaverse, but the technology will definitely add some elements to various areas of life .
The Metaverse Development Company is generally the virtual place where we work, learn, play, earn and spend money, and most technologists agree that it will fundamentally change our lives.
In this case, Microsoft CEO Satya Nadella said that the metaverse “will not only change the way we see the world, but also affect the way we engage from the factory floor to the boardroom.”
Soon, music fans and sports fans may wear virtual reality glasses to watch live broadcasts without leaving home, plus the technology can solve congestion problems, and all this is just the tip of the iceberg in the metaverse space .
Meta, led by Mark Zuckerberg, currently employs about 10,000 people on the Metaverse project and has pledged to spend $10 billion on the project this year alone.
The company called “Varjo Reality Cloud” recently announced that it has completed the development of its metaverse beta version and is currently in the process of full release.
Varjo’s version is very different from the Meta (formerly Facebook) version of the Metaverse, but now it’s clear that we have two camps fighting for the future of the Metaverse web and its future model.
Metaverse, where Metaverse is centered around consumers and revenue, is defined by performance and usage constraints, such as headsets or “Oculus” glasses required to enter a virtual world, while Varjo-Nvidia’s approach is performance-focused, performance-centric, Business comes in second, as explained by technologist Rob Endley in a recent Tech News World article in which he discusses the character of the metaverse’s future struggles, and how Meta and Varjo — Differences between different Nvidia versions of the metaverse.
Major global companies such as Amazon, Apple, Google, Microsoft, and Nvidia are also paying unprecedented attention to the metaverse, reorganizing their internal structures, writing job descriptions suitable for the “metaverse era”, and preparing to launch billion-dollar products appropriate for this era .
Management consultancy McKinsey estimates that Metaverse-related investments reached some $120 billion in the first five months of this year alone.
Disadvantages of the Metaverse
There is no doubt that the Metaverse will make life easier in multiple realms, but like all new technologies, it has its downsides.
Challenges for Metaverse Development solutions developers include privacy, child protection, inequality, legality, and health concerns, among others.
Experts say there are very real concerns about personal data online, and with data currently the most valuable commodity, the Metaverse could intensify its exploitation as it blurs the line between physical and digital data.
There is also no formal identity verification process in the Metaverse, which makes it easy to impersonate a digital identity and is just one of many potential crimes that can go unchecked. The Metaverse can also fuel a culture of sensitivity and internet addiction, however, investing in VR companies don’t seem to be doing much to counteract these negative effects.
One of the downsides of bringing everyone closer and bringing the different cultures of the world together is that you lose the wonderful cultural diversity that currently exists in the world, if people spend most of their time in parallel worlds, they no longer feel connected Their immediate community has connections.
Nor will they feel the need to adopt local or regional cultures, which may ultimately lead to the end of many traditions that have existed since the dawn of man, and may create a new society that, while they may be unified and inclusive, may end in failure Ended up and was no fun.
One of the main concerns many people have about this technology is that it is easy to lose track of time while using it because your senses are essentially disabled, in other words it connects to the virtual world instead of the real world, long term exposure to the metaverse people may lose touch with reality and may transcend reality, unwilling to acknowledge the existence of worlds other than virtual worlds.
We currently experience this behavior to some extent when using mobile devices, with many people around the world spending close to 5 hours a day staring at screens.


text:
Pharmaceutical company Pozen is building its marketing staff and soliciting digital advice from industry leaders despite being in the long process of readying products for the consumer market.
At first glance, the marketing strategies of Coke and Pepsi — the two ubiquitous, global players that have dominated the soft drink market for decades — might appear more similar than different.
The U.S. Postal Service said Sept. 15 that it is considering cutting its processing-facilities network by more than half and adjusting service standards to save up to $3 billion a year. However, the USPS also said the changes would also result in longer processing and delivery times for the mail.
Postmaster General and CEO Patrick Donahoe told a Senate committee September 6 that the US Postal Service is "in a crisis" and will default on a $5.5 billion payment to the federal government if Congress does not enact legislation this month changing its business model.
Offerpop works with clients to build social marketing applications that can be used on Facebook and Twitter to build brand awareness and sell products and deals through social media.
Company of the week
Concerned about growth? With over 25 years experience in the industry, the list experts at Fairfield Marketing Group possess the know-how to help immediately improve any domestic or international direct marketing effort. First-time and well-established mailers can rely on Fairfield Marketing Group's expertise to help launch campaigns into positive and profitable ventures.
It doesn't matter how much data you have if you don't integrate your data sets, says market researcher Matthias Hartmann.
Radio version 2014 delivers an exciting palette of marketing tools to make the medium of sound more effective for direct response advertisers.
How marketers can navigate the new customer engagement era.


text:
Rice Management Co., the entity responsible for Rice University’s endowment, has closed on its acquisition of the Village Arcade, a three-building, 193,000-square-foot retail property in Rice Village.
Rice and Trademark Property Co., which was hired earlier this year to lease and manage the Arcade, “plan to completely revitalize the properties by significantly upgrading the merchandising mix, facades and site amenities and considering a rebranding,” the companies said in a news release late Thursday.
“There is clearly great pent-up demand among leading national and international brands and special local merchants who have wanted to open stores in the Village for years but for one reason or another couldn’t,” Tommy Miller, managing director at Trademark said in the release. “This is a very special and uniquely eclectic urban place unlike any other in Houston. We have a great opportunity to bring in the best-of-the-best retailers and restaurants to Rice Village in the coming years and we intend to be very selective.”
Trademark, which operates malls and mixed-use centers, developed the Market Street shopping center in The Woodlands.
The Village Arcade properties haven’t changed since they were built in the late 1980s and early 1990s, Trademark said. They including such retailers as Ann Taylor, Athleta, Banana Republic, Chico’s, Gap, Kendra Scott, Starbucks and Victoria’s Secret.
“We plan to transform the shopping experience over time with a new but still authentic design, look and feel and a fresh mix of new to market tenants. Our plans to upgrade the buildings and streetscape will mesh very well with the community while maintaining the unique character of this historic district,” Trademark CEO Terry Montesi said.
Earlier this year, Rice Management Co. agreed to buy out Weingarten Realty’s ground lease on the property for an estimated $55 million to $60 million.


text:
LUFKIN, TX (KTRE) - From the Lufkin Police Department
LUFKIN, TX (News Release) - The Department is investigating a debit/credit card fraud case after card skimmers were found inside gas pumps at two local convenience stores.
Workers for the companies that service pumps at Crown Colony Food Mart on U.S. 59 south and Kwick Korner Shell on South Timberland Drive and Chestnut Street, found the devices, which can read and transmit credit card information via a wireless signal. The workers then notified store clerks who reported the finds to the Department. The card skimmers from both locations appear to be the similar.
Roughly three weeks ago, a woman reported finding unauthorized transactions on her credit/debit card. She told an officer that the last place she used it was Crown Colony Food Mart.
"If you have used your debit or credit card at the gas pumps at Crown Colony Food Mart or Kwick Korner Shell, we would advise you to contact your bank or credit card company to have a new card number issued," said LPD Public Relations Specialist Jessica Pebsworth.


text:
Americans are an optimistic bunch. That’s why the meme trade phenomenon may be unique to us — we just don’t want to hear about negativity like a stock market crash. But in my opinion we are headed toward a steep correction. Still, if that turns out to be the case, it could be a once-in-a-lifetime opportunity to pick up growth stocks on the cheap…
Fundamentally, it’s very possible that the suddenly rising bond yields is part of a larger corrective cycle. As you know, last week ended on a downer as investors began rotating out of risk-on names into safer wagers. On paper, the red ink may trigger you to jump in on attractive growth stocks. However, you may want to hold your horses for a bit longer.
I say this because based on technical analysis, the S&P 500 and other major indices are printing what’s known as a broadening wedge formation. According to the excellent work of John J. Murphy, author of the book, “Technical Analysis of the Financial Markets,” a broadening wedge (also known as a megaphone top) represents an out-of-control market. And likely the first to get hit the hardest are non-dividend paying growth stocks.
Some folks will say that technical analysis is nonsense. But here’s the thing. Back in September 2019, strategist Sven Henrich used this very pattern to warn CNBC viewers of an imminent correction. A few months later, the novel coronavirus pandemic devastated the global economy, causing a stock market crash in February and March of last year.
You want more evidence? Go to the Centers for Disease Control and Prevention’s website regarding Covid-19 “Daily and Total Trends.” Take a long look at the seven-day moving average of daily Covid infections: that my friends is a broadening wedge. And it’s the reason why you want to avoid these growth stocks until after they have corrected sharply.
- Tesla (NASDAQ:TSLA)
- Nio (NYSE:NIO)
- PayPal (NASDAQ:PYPL)
- Square (NYSE:SQ)
- Shopify (NYSE:SHOP)
- Airbnb (NASDAQ:ABNB)
- Marathon Patent Group (NASDAQ:MARA)
Before we get into it, let’s be clear once again that this is my opinion. There’s a strong possibility that this article will not age well. However, I’m willing to take that risk. I see too many corroborating data points that make it impossible for me to ignore them. But if you’ve been waiting to buy these growth stocks, you may have a great opportunity to do very cheaply soon.
Growth Stocks to Watch: Tesla (TSLA)
If you’ve been following my work recently, you’ll know that I expressed my concerns with Tesla. So far, I’ve been wrong about my apprehension toward TSLA stock. However, if the warning signals turn out to be accurate, I’d say that Tesla above all other growth stocks is at serious risk for a correction.
First, the valuation for TSLA stock was out of touch with reality before everyone started worrying about rising bond yields. Now, in my cautionary write-up for Tesla, I mentioned that I discussed the narrative with my InvestorPlace colleague Will Ashworth. Among Ashworth’s counterarguments, he stated that Tesla was an aspirational investment and that helps justify the premium.
Ashworth is one of the smartest folks in this business. However, I’m going to disagree with him on this one.
In large part, it’s because of my second point: Tesla has the rich drivers market cornered but this segment will not spark mass adoption of electric vehicles. Further, with competition rising, Tesla won’t have as many opportunities to sell carbon credits, which is a significant reason why it’s showing a profit on its books.
Still, it’s good news if you’ve wanted to buy TSLA, but thought you missed the boat. Shares will likely drop to a realistic valuation.
While Tesla always generates the headlines, Chinese EV manufacturer Nio has been killing it in the markets. Sure, TSLA has put on a whopping performance, moving up nearly 400% over the trailing year. However, NIO stock has redefined what’s possible in highly potent growth stocks, skyrocketing slightly more than 1,000% in the same period.
Of course, this is wildly impressive. However, I think the party is going to end soon. Indeed, there’s evidence to suggest that the music is starting to fade.
Over the trailing month, NIO stock finds itself down about 20%. For many, this is the classic definition of a bear market. Therefore, contrarians are probably tempted to jump into shares. However, if I really wanted to buy NIO, I would wait. Shares will probably unwind much more than this.
Although I find Nio’s efforts to change China’s image as a true automotive contender inspirational in a sense, I don’t trust the company nor the country. That’s because…
Continue reading at INVESTORPLACE.com


text:
"The global economy has calibrated down about 1-1.5% and we probably should've done a better job seeing it coming," said Polman in a presentation in London that was broadcast over the internet.
"We're using that opportunity to step up the performance and drive new energy into the organization."
In October, Unilever posted slower sales growth for the third quarter after demand was hurt by the devaluation of some emerging market currencies and aggressive promotions in the US by rival Procter & Gamble Co.
"We lost our competitiveness," Polman said.
Unilever intends to save 500 million euros ($683 million) next year, after cutting about 2,000 jobs this year, improving its supply chain and making various processes more efficient.
Unilever is shifting more of its focus to its larger brands, including the 15 that each generate over 1 billion euros in annual revenue. Polman said it will continue to sell non-core, underperforming brands and buy attractive bolt-on brands when possible.
"The overall portfolio is perhaps not as robust yet as some of our competitors, but you have to deal with the deck of cards you've been given," Polman said.
Chief Financial Officer Jean-Marc Huet said most brands to be sold will be from Unilever's food business, which includes Knorr soups and Hellmann's mayonnaise, rather than the personal care side, which makes Radox soaps, Lux shampoo and Vaseline.


text:
Oct 29, 14
Great news for those looking to upgrade their T8 fluorescent tubes to LED—1000Bulbs.com now offers direct plug-inT8 LED Light Bulbs. These direct plug-in lamps are easy to install into existing lampholders, requiring no electrical rewiring and no need to change the ballast. Simply swap out your old fluorescent tubes with these ballast-compatible LED versions.
Our direct plug-in T8 LED lamps are compatible with ballasts that are instant, programmed, or magnetic start. They use half the energy of their fluorescent counterparts, last twice as long, and are more durable. They have instant-on operation without flickering, and meet UL and DLC standards. These features make direct plug-in T8 LED light bulbs the superior choice for commercial and residential lighting.
Oct 10, 14
1000Bulbs.com is proud to announce its “Spooktacular Giveaway” contest, set to begin today, October 10th and end at midnight on October 20th.
We have some great prizes this year. Two grand prize winners will receive a bundle of LED Halloween Lights and Black Light Bulbs! We will also have 10 mystery prizes for 10 lucky winners! Each day one person will be chosen at random! So be sure to enter now as the earlier you enter the more likely you have of winning a prize!
Aug 14, 14
Online lighting retailer 1000Bulbs.com will continue to sell its full line of T8 700 fluorescent lamps despite the ban on these products which went into effect on July 14, 2014. With the ban in place, manufacturers will be forced to cease production of 4-foot medium bi-pin, 2-foot U-shaped, 8-foot Slimline, and 8-foot high-output 700 series lamps due to their inability to meet the energy efficiency requirements implemented by the U.S. Department of Energy.
Aug 07, 14
1000Bulbs.com is proud to announce its “Back to School Giveaway” contest, set to begin today, August 7th and end at midnight on August 25th.
We have over $250 worth of prizes we are giving away and you could be one of nineteen lucky winners!
Jul 28, 14
Internet lighting retailer 1000Bulbs.com will be celebrating the launch of its own line of 60-watt equal LED light bulbs at the groundbreaking price of only $5.99. Up until now, the industry-wide average price for a 60-watt replacement LED light bulb has been just under $10. As 60-watt incandescent bulbs are a popular wattage for many household bulbs, the introduction of this LED replacement puts 1000Bulbs.com at the head of the race for making energy-efficient LEDs more affordable for household use.


text:
MAM Software will be attending this year's MECHANEX taking place at Sandown Park, Surrey on 12th and 13th November, with MAM staff exhibiting on stand D75. MECHANEX 2019 will present attendees with an opportunity to find out more about the latest features within Autowork Online, MAM's feature-rich garage management software. One of the biggest forthcoming [...]
About Kelly NewsteadThis author has not yet filled in any details.
So far Kelly Newstead has created 8 blog entries.
The UK’s only regional tradeshow dedicated to garage businesses is back again in 2019, with a fresh approach and a host of exciting new content. MECHANEX will once again be returning to Sandown Park, Esher, Surrey on 12th and 13th November 10am – 4pm, and will be delivering an exciting two days of action. The [...]
Draper Tools has announced it will be exhibiting at MECHANEX this year on stand A22, displaying a range of automotive tools. This year marks a special anniversary for Draper Tools as the company celebrates its 100th year and to mark the occasion there will be plenty of great offers and deals on the stand. A [...]
FlexFuel Energy Development UK (FFED-UK) will once again be exhibiting at MECHANEX, Sandown Park on 12th-13th November. Since the last show, FFEDUK has reportedly gone through rapid growth, now boasting in excess of 150 garages offering its flagship product the Hy-Carbon 1000s and a UK staff-count of 25 people. At this year’s show, the company [...]
NGK Spark Plugs (UK) Ltd has announced it will once again be showcasing its portfolio of components at this year's MECHANEX - coming to Sandown Park. The company will be displaying its NTK camshaft and crankshaft sensors, ‘5-wire’ Lambda sensors and Mass Air Flow (MAF) and Manifold Absolute Pressure (MAP) sensors alongside its original equipment [...]
PCL has been designing air and tyre inflation products for 80 years, which are said to be a common feature in garage forecourts, tyre shops and workshops around the world. Today, PCL’s products are sold in over 100 countries across the globe and it still designs and manufactures from its 12,000m² production facility in Sheffield. [...]
Sykes-Pickavant has announced it will be exhibiting again at this year’s MECHANEX Sandown. The team will be on stand D76 with product demonstrations on bestsellers and latest releases. Joining Sykes-Pickavant at this year’s show will be the newly released Wheel Lifter Range. Designed to comply with latest UK Manual Handling guidelines, it is said to [...]
Sealey states it works tirelessly to bring its customers the latest technologies, products and a range that will cover all tool and workshop requirements. All products are said to be thoroughly tested by its experienced QC Engineers for quality, performance and compliance before they are included in the range. Sealey tools also supports its products [...]