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Honda Motor and GS Yuasa International have signed a joint venture agreement to establish a new company named Honda GS Yuasa EV Battery R&D which will research and develop lithium-ion batteries and battery production methods.
The new company will also establish a supply chain for key raw materials and a production system for batteries.
The new company is scheduled to be established and begin operations before the end of 2023, subject to the approvals of the relevant authorities.
Koichi Yamamoto, president-designate of Honda GS Yuasa EV Battery R&D, said: “The new company will fully leverage the strengths of the two companies and establish a strong presence in the rapidly expanding battery market.”
The company will be based in Kyoto.


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U.S. consumer prices increased by the most in 14 months in March but the core measure slipped to its lowest level in a year, indicating inflation pressures remain muted.
The Labor Department reported Wednesday that the Consumer Price Index rose 0.4%, boosted by increases in the costs of food, gasoline and rents. It was the biggest advance since January 2018 and followed a 0.2% gain in February.
In the 12 months through March, the CPI increased 1.9% after a 1.5% gain in February, which was the smallest since September 2016.
Economists polled by Reuters had forecast the CPI climbing 0.3% in March and accelerating 1.8% year-on-year.
According to MarketWatch, “The uptick in inflation, being largely driven by higher gas prices, is unlikely to worry investors or the Federal Reserve. Inflation has tapered off after a sharp runup a year ago, and with the U.S. and global economies growing more slowly, there’s little likelihood of an outbreak in inflation anytime soon.”
In the 12 months through March, the core CPI excluding the volatile food and energy components increased 2.0%, the smallest advance since February 2018. The Fed’s preferred inflation measure, the core personal consumption expenditures (PCE) price index, increased 1.8% on a year-on-year basis in January, below the Fed’s 2% target.
“The [March] report will only encourage the Fed to stay parked on the sidelines, awaiting clearer direction on inflation and the economy,” Sal Guatieri, a senior economist at BMO Capital Markets in Toronto, told Reuters.
In a statement accompanying last month’s interest rate decision, the central bank described inflation as having “declined” on an annual basis “as a result of lower energy prices.”
A 3.5% jump in energy prices accounted for about 60% of the increase in the CPI last month. Gasoline prices surged 6.5%, the biggest gain since September 2017, after rising 1.5% in February.
Food prices gained 0.3% after accelerating 0.4% in February while healthcare costs rebounded 0.3% after slipping 0.2% in February.
Core CPI was held down by a 1.9% plunge in apparel prices, the largest drop since January 1949.

domain: news


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Premier Li Keqiang called on high-tech manufacturers to establish their own branding and find new models of production, while transforming technologies into productivity, during a visit to East China’s Jiangxi province on Tuesday.
“High-tech companies should transform science and technology into products that are highly competitive in the market. You must establish your own branding in our country and, more important, win a reputation around the world,” the premier told employees of Lattice Power Co, a leading Chinese manufacturer of LED chips in Nanchang, the capital of Jiangxi.
Jiang Fengyi, founder of Lattice Power and a professor of semiconductor research at Nanchang University, said the company has patented technologies that imprint illumination materials upon silicon chips to save on energy and costs.
“The technology broke the monopoly in the field by Japan and the United States,” Jiang said.
The company is one of more than 30 LED-related production enterprises in the Nanchang National High-Tech Industrial Development Zone, a national semiconductor illumination base. The target revenue for these enterprises is 100 billion yuan ($15.1 billion) by 2020.
However, Lattice Power has yet to gain recognition among domestic and overseas customers. Though China’s market is open to foreign manufacturers, domestic producers should strive to be recognized for their own brands in the global market, the premier said.
The new economy, including equipment manufacturing and new energy, has been a key subject for Li, who has called for nurturing these new growth drivers on many occasions, including in the Government Work Report he delivered in March.
On Monday, Li visited Funeng Inc in Ganzhou, Jiangxi, a leading producer of lithium batteries for electric vehicles. Funeng, jointly founded by the local government and the US company Farasis Energy Inc, provides batteries for a number of Chinese and international brands, including BAIC Motor Corp in Beijing.
Funeng’s equipment has been tailor-made from upstream Chinese manufacturers and cost just one-sixth of equipment made in the US, said Wang Yu, chairman of Funeng.
The premier said this model should be promoted to unleash the potential for industrial equipment manufacturing and to upgrade the sector.
Li’s trip to Nanchang came after a visit to southern Jiangxi, where the Long March started nearly 82 years ago.
Jiangxi is an important point along the Yangtze River Economic Belt that extends from Yunnan province to Shanghai. But the province, which faces transportation and skill disadvantages, is less developed than its neighbors Guangdong and Zhejiang provinces.
The premier’s trip could encourage local governments and enterprises to set a long-term direction toward stronger market competiveness by developing new brands and models of business, said Xia Xueluan, a professor of sociology at Peking University.


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CEO Mitch Lee has told Robb Report that the first pre-production vessel was recently put to the test on Lake Arrowhead in California. The Cybertruck’s seafaring twin far exceeded expectations, too, thanks to the refinements the LA startup has made over the past few months.
For starters, the zero-emissions dayboat received a new 220 kWh battery pack that Lee says is three times larger than the 75 kWh battery found in the Tesla Model Y. This ensures seafarers will have enough juice for a full day on the water (approximately five hours) with no recharge needed. This, of course, depends on how you’re driving the boat.
The Arc One hit 35 knots during testing. Arc Boats
The Arc One also received a new, more powerful motor that is now capable of churning out more than 500 hp. The near-silent speedster soared to over 35 knots (40 mph) during testing. Lee added that the new motor will also allow the boat to accelerate more quickly and maintain high speeds for longer.
“The boat accelerates so nicely that you’ll never want to go backward,” Audrey Gaither, one of the vehicle engineers, said after the recent test runs.
The silver speedster received exterior upgrades, as well. The sleek, lightweight aluminum hull was tweaked further to unlock greater efficiency and more sporty handling, according to Lee. Onboard, meanwhile, the Arc One can accommodate up to 12 people and offers 60 cubic feet of storage space. It is also equipped with integrated smart tech and can carry out over-the-air software updates just like a Tesla.
The Arc One is priced at $300,000. Arc Boats
To top it off, Arc’s futuristic electric flagship has already captured the attention of several A-Listers, including Will Smith, Kevin Durant and Sean “Diddy” Combs, who have invested in the LA startup.
The Arc One is due to roll out this summer and will set you back $300,000. You can reserve your own boat now with a $1,000 deposit.
Check out more photos below:


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EU antitrust regulators suspended their investigation of General Electric's takeover bid for Alstom's power equipment business late last month but the probe is likely to resume this week.
"It is high time to remove remaining barriers to e-commerce, which is a vital part of a true Digital Single Market in Europe,"
This followed raids in December 2013 on Dutch company Philips, South Korean peer Samsung and German retail chain Media Saturn.
FTC has passed its final order settling charges that Sun Pharma's $4 billion deal to acquire Ranbaxy Laboratories could result in unfair business practices.
Now, Google is firmly in Europe’s cross hairs: Antitrust regulators on Wednesday formally accused the company of abusing its dominance.
EU antitrust regulators have raided several bioethanol companies suspected of fixing prices and stepped up their investigation into possible rigging of biofuel price benchmarks.
EU antitrust regulators charged Spanish canned vegetables producer Grupo Riberebro Integral with taking part in a canned mushrooms cartel
US-based Applied Materials said no termination fee would be payable by either party.


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On Friday, February 3, the White House Business Council, the White House Council on Women and Girls, the U.S. Small Business Administration, and Barnard College’s Athena Center for Leadership Studies will host an Urban Economic Forum on Barnard’s New York City campus to discuss the Administration’s commitment to supporting policies that create private-sector jobs and support the next generation of entrepreneurs who will not only strengthen our economy but compete globally.
The Urban Economic Forum at Barnard College is the first of a multi-city series designed to connect urban entrepreneurs and business owners to the local and national resources and networks they need to grow and hire, and to discuss ways to enhance their success. In addition to New York City, the Urban Economic Forums will be held in Birmingham, Columbus, Detroit, Jacksonville, Kansas City, Las Vegas, Los Angeles and Phoenix.
The forum will be streamed live at obamawhitehouse.archives.gov/live.
February 3, 2012
8:30 a.m.-5:00 p.m. ET
The Diana Center at Barnard College
117th Street and Broadway
New York, NY


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Mac users, we're pleased to announce Macphun's all-in-one photo editor Luminar is now available for just $69£52. We rated Luminar as "Highly Recommended".
The Luminar Creative Bundle includes a mega preset pack, overlays, an eBook and more all for free. Plus, Luminar also now offers free and premium preset packs. Use coupon code "PHOTOBLOG" to save another $10 on Luminar.
Visit the Luminar web site to try it for free.
Sony Japan has announced the SPA-TA1 accessory, which allows its QX series lens-sensor modules to be attached to a variety of tablets. Sold in six different sizes, the Sony SPA-TA1 attachment will be available in Japan for 3675 yen, starting April 2014.
Source: Sony Japan


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AFTERNOON showers on a sunny day failed to dampen spirits at the 74th Honley Show.
An estimated 14,000 turned out at the Farnley Tyas showground on Saturday for one of the region’s biggest agricultural shows.
Along with the annual livestock displays, there were falconry displays, show jumping and dog obedience events.
Show chairman Jim Purcell said: “The sun was out in the morning which makes a big difference.We’ve had similar numbers to the last few years so it’s encouraging. People are in good spirits.”
Show spokesman Chris Shaw said: “It’s not as hot as last year but that’s not a disadvantage because people thought of staying a bit longer.”
Alongside the main attractions were 60 stalls selling everything from olive oil to T-shirts. Motor enthusiasts were catered for with displays of vintage and new cars and tractors.
A giant inflatable slide and miniature railways rides helped keep the children happy.


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(Source: Inside Retail Philippines | 20 April 2016)
Indonesia has welcomed Rusty Lopez into the market – and wants more Philippine fashion brands to follow.
The shoe brand from Marikina City has opened its first overseas outlet in Jakarta’s Seibu Department Store in Grand Indonesia Mall.
Other Philippine fashion brands that have established their names in Indonesia include Gingersnaps, Periwinkle, Penshoppe, and Karimadon.
“The AEC [Association of Southeast Asian Nations Economic Community] is an exciting opportunity for Philippine companies to introduce established brands in Asean and beyond. We are optimistic that our local fashion brands can compete in the region because we are strong in design and we aim for the best quality,” said Philippine commercial representative to Indonesia Alma Argayoso.
Rusty Lopez, known for high-quality footwear, took its classic and contemporary designs to the Indonesian market with a wide range of products from sandals to pumps.
“We have carefully selected the best styles suited to the Indonesian market because we understand that fashionistas in Indonesia want more shoe styles that are fun, colorful, chic and fashionable,” said PT Cruzzini Sejahtera president and director Sanny Cruz, who also serves as Rusty Lopez managing partner in Indonesia.
Cruz said the company plans to open more stores this year.
The Philippine Trade and Investment Center in Jakarta said it supports Philippine brands through trade shows and business development activities.
Read more: https://insideretail.ph/philippine-brand-rusty-lopez-heads-to-indonesia/


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A new wave of savvy shoppers are replacing traditional grocery isles for digital convenience
7 March 2022: New research from ING reveals the pay offs that can be made by doing the weekly grocery shop online, with the average shopper surveyed saying they’re saving $1,369 a year and getting the equivalent of an extra-long weekend in time back.
When compared to heading in-store the research reveals Aussies are buying groceries online to save time (62%), avoid crowds (58%), save money (33%) and limit impulse purchases (31%).
Amy Cunningham, Head of Digital at ING Australia says: “buying your groceries online could be one of the easiest ways to save money. The $1,369 saved by the average shopper may cover two months’ of utility bills or the costs for a year’s worth of swimming lessons for one child.”
“Plus getting an extra-long weekend of time back to spend doing the things that matter most is a real added benefit.”
Online grocery shopping isn’t the only way Aussies are saving, with one in five respondents (22%) currently signed up to a meal kit subscription. The main motivation is to save cash (76%), and on average, Aussies surveyed are saving $1,503 a year by opting for the convenient mealtime deliveries.
“The money saved through using meal kit subscriptions is approximately the same price as a one way economy ticket to Los Angeles from the east coast of Australia.”
“This research shows that Australians are not always paying for convenience, and they could actually be saving as a result of using it. Small changes to how you shop could really save you a lot of money and time,” says Amy Cunningham.
Additional key research findings:
- Pandemic accelerates need for digi convenience: Avoiding busy shops means more than three quarters (78%) of Aussies surveyed say they order groceries online more than they did before the pandemic.
- Aussies conscious of food spending: Almost eight in ten (79%) Aussies surveyed want to save money on food, whether that be dining out (41%) or groceries (38%) in 2022.
- Lunch box savings: Almost three quarters (71%) of Australian parents and carers surveyed are looking to save money by searching for the best deals online or opting for pre-prepared lunches.
Notes to editors
This research survey was commissioned by ING and conducted by YouGov between 10-13 January 2022. The nationally representative sample comprises 1,044 Australians in total aged 18+ years distributed throughout Australia and weighted by age, gender and location to reflect the latest ABS population estimates.
For more information contact Megan Landauro on 0413 317 225 or email@example.com
ING changed the way Australians bank 21 years ago by launching the country’s first branchless bank. ING now offers Australians award winning home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale banking services.
ING is Australia’s most recommended bank according to RFi XPRT Survey, August 2021 – January 2022 (n = 31,955) when compared to customers of 20 other banks operating in Australia. It is also Australia’s fifth largest main financial institution (MFI) with 6% of market share according to RFi XPRT Survey, August 2021 – January 2022 (n= 31,955). MFI is defined as the bank that the consumer says is their main financial institution.
ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL and Australian credit licence 229823.


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3 Things You Can’t Miss in Caterpillar Inc.’s Upcoming Earnings Report
1 Backlog value: a key indicator of future potential revenue
Story so far Caterpillar’s backlog is declining rapidly – In Q2, it fell 10% sequentially and 23% year over year. Half the year-over-year decline was in its construction industries division. Prices of key commodities like oil, coal, and iron ore have hit multi-year lows in recent months. As a result, companies in these sectors are aggressively cutting down on capital expenditures.
What you should watch Backlog: I’m expecting another double-digit slump in Q3. With mining and oil and gas already weak, a big drop in construction backlog will be a double whammy. Order rates: Backlog could reach dangerously low levels and revenues could dry up if orders for Caterpillar’s equipment don’t pick up soon.
2 Signs of stress in the North American construction market
A bleak picture Data source: Caterpillar retail sales statistics. Chart by author Caterpillar’s construction-equipment sales are headed lower
What you should watch While downgrading its outlook last month, Caterpillar mentioned that “construction equipment sales are well below prior peaks in North America.” North America is Caterpillar’s largest market, and also among its strongest. So any sluggishness will bode ill for the company, especially when international markets are already weak.
3 Restructuring and growth plans
The big plan In September, Caterpillar revealed massive restructuring plans across all business segments that “could impact more than 20 facilities” and 10,000 people around the world.
What you should watch While Caterpillar could take the biggest bite out of mining, closure of any construction or energy and transportation facilities could mean more pain ahead for the company. Expected savings, after accounting for restructuring costs. R&D: Will Caterpillar spend close to 2012 record levels this year as planned earlier? What areas/products is it investing in, and how will it position the company for future growth?
This Could Be The Next Billion-Dollar iSecret


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Tuna fisheries, canneries struggle as demand for canned protein skyrockets amid lockdown restrictions
Among the adverse ramifications of the coronavirus pandemic, due to the negative impact, the global economy has inadvertently slipped into recession. While it is obvious with the mass business shutdown and the loss of employment that the economy has taken a hit, it is still much too early to know the full extent of the damage. However, in the last couple of weeks, experts have likened it to the Great Depression that devastated the economy in the 1930s and said the crisis will be of biblical proportions.
The pandemic is more or less a turning point in human history corresponding with the bubonic plague (1342) and the Spanish flu (1918) that claimed millions of lives.
Among the various industries affected by the COVID-19 pandemic, PEW Trusts has reported that the global tuna fishing industry is facing major consequences after speaking with experts. Several conferences and expos adhering to seafood and aquaculture have either been canceled or postponed. and The saltwater fish species is global cultural, economical, and ecological notability and is hence managed sustainably.
Tuna may not be the first thing to pop into your head when you ponder over the damages caused by the coronavirus, yet it has brought with it an urgency to organize global fisheries in a more sustainable way.
The coronavirus will be a geostrategic gamechanger in tuna fisheries, per Tuna Wars. When the pandemic first broke out in Wuhan, China, its origin was traced back to the seafood markets in the country, which was a cause for major concern. And now, the Chinese leaders have realized that it needs to put in efforts into stabilizing tuna fisheries, enough to start making it a priority in the country's political agenda.
Global tuna fisheries are estimated to make $42 billion annually, per Shana Miller, the project manager of the Global Tuna Conservation Project, The Ocean Foundation to PEW Trusts.
David Schalit, a commercial fisher and the president of the American Bluefin Tuna Association told PEW Trusts that, with the pandemic having occurred in between the seasons for US East Coast Bluefin Fishery, he has been closely monitoring the situation in order to make preliminary observations. "Generally, global demand for bluefin is expected to be dramatically reduced during the pandemic. However, given that most bluefin is wild-caught and fattened in ranches, these farms have the possibility to sustain lower sales by maintaining their fish in inventory. In order to do this, they will have to increase their pen capacity to hold 2020 catch", said Schalit.
He relates it to not only the bluefin but either species of tuna such as the yellowfin and bigeye tuna.
Moreover, he said that in the US, it is likely that "high-end" supermarkets will experience limited tuna sales. "Atlantic bluefin is a sort of “luxury” product in the US because it is fresh and it is caught in the wild, by hand, one fish at a time. At the moment, this market doesn’t exist for our bluefin," he added, comparing the endangered species of tuna, to those in his fishery. On the other hand, he thinks that supermarkets selling sushi will approach them for their catch. "Most urban and suburban supermarkets possess an open refrigerated case for selling chilled “maki” rolls and sushi, packed as individual portions in small plastic containers. We expect that this market, which is only interested in the dark red color of the tuna used and less interested in the fat and oil content, may be able to absorb some of our catch, but the price will be quite low," he said.
In times of war and crisis, tuna is readily available on the shelves of local grocery stores and is a healthy, storable source of protein. At the onset of the pandemic, with the lockdown measures being imposed, Europe and the US saw a spike in tuna sales as panicked costumers began stockpiling essentials. Korean-owned StarKist Tuna, the largest supplier in the US market, has accelerated production at its American Samoa processing plant.
Italy and Spain, the two EU countries worst affected by the pandemic, are also the largest canning industries comprising the European market. However, the industry has assured that there won't be a shortage of canned tuna anytime soon. The Spanish seafood canners association Anfaco Cecopesca will meet the growing demands for canned tuna according to the association's president, Juan Manuel Vieites.
With the lockdown measure of both these countries in place, the plants have not experienced closure. Instead, they continue production with workers practicing the social distancing guidelines and sanitation measures, while getting their temperature checked regularly. Even if the governments are gearing up to close these plants, the indispensable need for canned tuna has kept it going amid the crisis.
However, a concern for the canneries is the availability of the raw material with the travel restrictions in place. Seiner crews and observers for tuna fishing boats in the Pacific and the Indian Ocean are facing a challenge due to the same, and the Indian Ocean Tuna Commission has withdrawn its observers from seiners. Madang in Papua New Guinea, which is a hotspot for the landing of tuna, has closed tuna vessels and there's a possibility more ports will follow suit.
Furthermore, tuna transport in Southeast Asia that is prominent for its abundant supply of precooked tuna loins and whole tunas has been heavily impacted. There has been a colossal congestion o transport in the Chinese ports and a severe shortage in refrigeration containers to carry the tuna, due to the coronavirus. this has in turn posed as an obstacle for refers or boats that collect the tuna to offload their catch, and they have been stuck in the sports unable to go out to sea for new catch.


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Stocks: Thursday’s review
Asian stocks rose, with the regional benchmark index extending its longest rally in more than three years, as Japanese exporters advanced after the yen touched an almost nine-month low versus the dollar.Nikkei 225 9,742.73 +161.27 +1.68%
S&P/ASX 200 4,582.79 -1.02 -0.02%
Shanghai Composite 2,061.48 -21.25 -1.02%
Canon Inc., the world’s biggest camera maker, climbed 2.1 percent in Tokyo as the weaker yen boosted the outlook for exporters.
Mitsubishi UFJ Financial Group Inc. rose 1.1 percent as Japan’s No. 1 lender is poised to announce the purchase of Bank of America Corp.’s stake in their Japanese private banking venture.
Chimei Innolux Corp., Taiwan’s largest maker of liquid- crystal displays, jumped 6.9 percent on a report it will return to profit next year as sales increase.
European stocks fell from an 18- month high as Federal Reserve Chairman Ben S. Bernanke said the central bank’s plan to buy $45 billion a month of Treasuries will fail to offset the effects of the fiscal cliff.
European Union finance ministers agreed to put the European Central Bank in charge of all large euro-area lenders. About 200 banks will qualify for oversight by the ECB rather than national regulators, Financial Services Commissioner Michel Barnier said in Brussels today.
At a separate meeting, euro-area ministers approved a 49.1 billion-euro ($64 billion) installment of aid to Greece. The payment forms part of the nation’s two bailouts from the EU and the International Monetary Fund. The leaders of the 27 member states began a two-day summit today.
National benchmark indexes retreated in 11 of the 18 western European markets. The U.K.’s FTSE 100 (UKX) slid 0.3 percent and Germany’s DAX declined 0.4 percent. France’s CAC 40 decreased 0.1 percent.
Deutsche Bank lost 2.7 percent to 33.35 euros after saying that increased restructuring costs will cause the bank to miss profit forecasts this quarter. The average of four analyst estimates compiled by Bloomberg had predicted net income of 509.8 million euros.
UBS AG dropped 1.1 percent to 15.08 Swiss francs after a person familiar with the matter said U.S. and U.K. regulators may fine Switzerland’s biggest bank more than $1 billion for trying to rig global interest rates. The final figure may still change, three people familiar with the investigations said.
Centamin tumbled 47 percent to 27.7 pence, its biggest drop since its initial public offering in 2001. The company said that Egyptian General Petroleum Corp. will not supply it with diesel for the Sukari gold mine until it pays a bill for $65 million. Centamin called the claim illegal.
Volvo declined 4.3 percent to 91.85 kronor after Renault sold its remaining stake in the Swedish truck maker for 12.8 billion kronor ($1.9 billion). The French carmaker disposed of a 6.5 percent holding, saying it would use the proceeds to reduce debt and invest in France, Russia and China. Renault’s shares climbed 1.5 percent to 40.22 euros.
U.S. indices started the session on zero, but after the start of trading has increased the pressure on the index.
Indices declined, despite the announcement on the eve of the Federal Reserve plans to launch next year of a new program of bond purchases in place of the final operations of Twist, giving the ECB rights monitoring of EU banks, the final decision on the allocation of the next tranche of Greece and greatly exceeded expectations data on initial applications for unemployment benefits in the U.S..
Uncertainty regarding the decision on "fiscal cliff" and fears the consequences of putting pressure on markets. Both sides of the negotiations can not find a compromise, which ultimately can cause automatic spending cuts by the U.S. and higher taxes, and it can send the world's largest economy into recession.
It is not entirely positive for the stock market is the Fed's decision yesterday to peg the monetary policy of the Fed to employment rates and inflation. The fact is that if the situation in the U.S. labor market continues to improve, albeit the pace of improvement will continue to be modest, it may increase the likelihood of the restriction of incentives to help the U.S. central bank is supporting the economy.
Most of the components of the index DOW (25 of 30) decreased in price. Below are the remaining shares Merck & Co. (MRK, -2.89%). Growth of more than 0.1% was led by Wal-Mart (WMT, +0.15%) and Caterpillar (CAT, +0.47%).
All sectors of the S & P index fell. Maximum loss showed the health sector (-0.9%).
Shares of high-tech companies Clearwire jumped 14.9% on news that the mobile operator Sprint is ready to buy the remaining shares of Clearwire for $ 2.1 billion
Quotes of the consumer electronics retailer Best Buy soared by 15.9% against the recent media reports citing informed sources that its founder, Richard Schulze (Richard Schulze) intends to make an offer for the acquisition of the company by the end of this week.
At the close:
Dow 13,170.72 -74.73 -0.56%
Nasdaq 2,992.16 -21.66 -0.72%
S & P 500 1,419.45 -9.03 -0.63%


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Yahoo profit rises 36 percent, but sales slip
POSTED: Wednesday, April 17, 2013 - 2:00am
UPDATED: Wednesday, April 17, 2013 - 2:04am
NEW YORK (CNNMoney) — Yahoo reported a first quarter profit that far exceeded Wall Street's expectations, but the company's sales were a disappointment.
Investors weren't pleased. Shares of Yahoo fell 4 percent in after-hours trading.
The Sunnyvale, Calif.-based Internet giant said Tuesday that its net income rose 36 percent to $390.9 million in the first quarter.
Results included a one-time charge of 3 cents per share. Without the charge, Yahoo earned 38 cents per share. Analysts polled by Thomson Reuters, who typically exclude one-time items from their estimates, had forecast earnings of 24 cents per share.
Sales fell 7 percent to $1.1 billion. Excluding advertising sales that Yahoo shares with partners, a figure also known as traffic acquisition costs, the company reported revenue of $1.07 billion, which just missed analysts' forecasts of $1.1 billion.
CEO Marissa Mayer said the company's newly redesigned products were helping Yahoo stabilize its business.
"We are moving quickly to roll out beautifully designed, more intuitive experiences for our users," she said, in a prepared statement. "I'm confident that the improvements we're making to our products will set up the company for long-term growth."
Yahoo recently unveiled a new homepage, a redesigned Yahoo Mail and a refreshed Flickr service. All were designed to increase user engagement.
Search ad revenue rose by 6 percent, but that was overshadowed by the 11 percent decline in display ad revenue (banners and video ads). Each of those segments makes up about 40 percent of Yahoo's overall business.
Yahoo rivals Google and Microsoft are set to report their earnings on Thursday. Apple will report its financials on April 23.


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How gaming has changed at Microsoft, Xbox’s strategy for the next generation, and what is going on with iOS
The state of bundles in 2020: Netflix, Disney, Amazon, Microsoft, and Apple. Plus, Microsoft’s purchase of ZeniMax.
Discord is the Slack of gaming; that is valuable, but has to be monetized indirectly. Plus, the social aspect of gaming, and how competition in PC gaming stores is good for everyone.
Morris Change, the founder of TSMC, is one of the most important tech figures in history. Then, follow-up on Microsoft-GitHub, Apple and the App Store, and Facebook and the New York Times. Plus, why Valve is getting platform control right.
Microsoft paid a lot for GitHub, because it had to pay directly for access to developers. It doesn’t have the leverage of users the way that Apple does on the App Store.


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Healthy meals don’t just happen, but with a modest amount of planning ahead and strategic grocery shopping, you can have the makings of nutritious and tasty meals ready at hand.
The increasing availability of cannabis-containing edibles has fueled debate about their safety. As emergency visits rise for treatment related to edibles, some common-sense thinking about how these products are packaged and sold is needed.
The common American casual greeting is an almost-automatic behavior, a superficial form of friendliness. But when someone says, “How are you?” how many of us really think about the question, or the answer?
The cost of insulin has risen dramatically in recent years, causing hardship for many people with diabetes. A study compared typical insulin with a version that was in common use a few decades ago and is significantly less expensive.
Considering memory supplements? Think again. In the US, prescription medicines are rigorously tested, but supplements are not and manufacturers can make claims that may or may not be true. But even supplement makers must follow certain rules, and recently the FDA announced a plan to revamp its regulation of dietary supplements.
Actinic keratoses are scaly areas on the skin that, if left untreated, may develop into squamous cell skin cancers. A recent study compared several topical treatments used by dermatologists to treat this condition.
The most recent Dietary Guidelines for Americans recommends that added sugar be limited to 10% of daily calories, but the source of the sugar matters more than what kind of sugar it is.
College can be exhilarating, but anxiety during the college years is very common. Whether you’re a student or a parent, there are ways to cope with anxiety –– including steps you can take this summer.
Ever wonder whether order matters if you switch between drinking wine and beer? Well, researchers asked this question. The answer may surprise you (or not).
Measles has serious, even fatal complications. A worrisome multistate outbreak underscores why preventing measles is so important. Here’s how to protect yourself, your circle, and your community –– and why you should.


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One aspect worth mentioning is the entrance of Deutsche Telekom into the shareholding structure of Romtelecom and Cosmote, after buying a stake in the Greek Group OTE which controls these subsidiaries.
Deutsche Telekom is also a shareholder in the telecom retailer Germanos, which has been acquired at an international level by Cosmote.
Romtelecom, the largest landline operator, has won the bid organized by the National Authority for the Regulation of Communications and Information Technology (ANRCTI) for the license to use mobile communication frequencies of 410-415 and 420-425 MHZ, which will allow the company to enter on the mobile internet market. In addition, the company has invested in developing several aggressive offers such as Voce Mobil, Voce International and Voce Total on the voice segment and also aggressive offers on the data segment, which are also expected to poach customers from rivals.
Still this year, Romtelecom slashed 2,500 jobs in a move to keep rigorous tabs on the costs and consolidate its position on the market. The company improved its internal processes, and services in order to increase its client portfolio. Romtelecom invested in achieving solid growth on the broadband & data and television via satellite segments. On top of this, it planned to increase the number of customers who used landline voice services. Also of interest to Romtelecom was the continuation of its collaboration with Cosmote, which translated into convergent products both for the residential and business segments.
Cosmote, also part of OTE Group, invested EUR 24 million in expansion and development of Iasi-based GSM network, reaching a coverage of 99.8 percent, compared to 70.7 percent registered at the end of 2005, when the telecom operator re-launched mobile telephony services. Last year, the Greek group invested EUR 201 million, most of the amount being used for developing the network. At the end of March 2008, the operator had 4.2 million clients.Orange, the top player on the telecom market in terms of number of customers, announced it would continue to invest in Romania in 2008.
The company's budget included EUR 200 million of investment into network development, improved products and services and new Orange shops. Orange Romania continued to invest in its network by improving and extending 3G, 3G+ and HSUPA services. Also, depending on the market response, the company announced it would extend the 3G+ to 7.2 Mbps in more areas of Bucharest and increase the HSDPA/3G/HSUPA coverage.
Orange also invested in the expansion of its retail network by signing a strategic partnership with MCS Communications, which controls the Say network of 63 stores.
Telecom operator Vodafone Romania, number two on the market, has also made a new addition to its retail network by acquiring the Vegastel 2007 dealership in Botosani. The value of the transaction was not made public but through this transaction Vodafone has acquired 100 percent of the firm.
The dealer owns a network of 60 stores, the bulk of which are located in Suceava, Botosani, Vaslui and Bucharest. Vodafone also purchased the major share package of Proton Technologies Suceava, which used to be a dealer of Orange Romania before being taken over by Vodafone. The 73 stores are located mostly in big cities like Suceava, Iasi, Brasov, Constanta, Cluj and Bucharest. Vodafone Romania invested between EUR 100,000 and 500,000 in launching new channels of promotion as part of its mobile advertising service AdPlus, which is expected to bring profit in a year. Vodafone Romania also launched a new offer of mobile internet and e-mail access that targets both residential customers and SMEs.
Among cable operators, UPC Romania announced the company would invest EUR 40 million in network improvement and expansion of digital and cable TV services in all the major cities in Romania. In 2007, the company invested EUR 45 million in re-branding and network improvement.


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British Ceramic Tile’s website, tile designs and customer list have been sold to Al-Murad Tiles as part of a deal to sell off BCT’s intellectual property after the company fell into administration in January.
Al-Murad Tiles has 40 stores and 30 family-run franchises across the UK. The company will continue to sell tiles under the BCT name to retailers as well as on its British Ceramic Tile website. However, these will be produced outside of the UK and the majority of the tiles will be produced in porcelain.
“Part of the sale was the existing designs that BCT had and there are around 4,000 to 5,000,” said Asif Badat, Al-Murad’s operations manager.
“Obviously, we won’t be producing them in UK, but we are hoping to improve the products on offer. The [old] products were made with ceramic, but we will be making them in porcelain and hopefully that will mean that they will be cheaper as well. We have also got a list of its clients. BCT had a large portfolio of clients all around the world, and we are hoping to continue with supplies to some of the retailers.”
British Ceramic Tile was founded in the 1850s and in 2009 the Newton Abbot manufacturing plant went through a major refurbishment that made it the largest tile plant in Europe. Before it ceased trading in January, the company employed around 380 people.
FRP Advisory has been handling the administration. Hilco Streamline was used to sell the intellectual property of the company. Hilco Industrial held an online auction for all the machinery in BCT’s former HQ in Newton Abbot. Bids for the machinery and the intellectual property ended on May 8 and April 10, respectively.
The intellectual property sale included tile designs and customer lists as well as its digital portfolio, which consisted of the website – in which it had invested over £200,000 – an e-commerce platform that generated over £1 million in revenue each year, and social media platforms.
Badat said that Al-Murad will sell porcelain BCT tiles and believes that this will help improve their quality over the ceramic versions. He said: “BCT has always been known as being quite advanced in the designs, however the quality did sometimes lack.
“This is probably why, under the previous regime, they don’t exist anymore. We aim to bring those designs into production, but also have the quality there as well. We want people to be proud of the national brand – and it is something that they can be proud of.”
With the improved quality of the product, Al-Murad Tiles is hopeful that BCT’s old customers will continue to sell BCT tiles, explained Badat.
He added: “Hopefully, the only thing that will change will be that the majority of them will be porcelain rather than ceramic. We aim to continue the brand. Our company is only 40 years old, but the BCT brand has been around since the 1800s and it is iconic.”
“Over the past 10 years, Al-Murad has been growing. In general, we have seen a decline in the retail sector, so we saw the opportunity of an iconic brand like BCT as a way to expand. We do supply all over the world and the brand is iconic throughout the world. So it was an opportunity that we had to take.”


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(Image taken from deviantart.)
People in Istanbul have started to count down for the taste festival.
People of Istanbul will meet various dishes from Turkish cuisine and other cuisines around the world. The best restaurants, hotels, pubs, patisseries and drink companies of Istanbul are all preparing for Taste Festival of Istanbul. They are going to serve their best dishes in the festival.
Hundreds of people join this festival every year and there will be 55 brands from food and drink sector in the festival this year.
Taste festival of Istanbul is going to be held at Kemer Golf & Country Club on June 14. There will also be a live performance of Istanbul European Choir and world famous singer Lex Empress at this night.
Income of the night is going to be donated to Turkish Alzheimer Foundation.


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According to the latest Q4 2015 Global Trends in Mobile Advertising Report from ad platform Smaato, mobile ad spend in the US rose 174% the year over. That’s in line with a rise in smartphone penetration, from 78% in Q1 2015 to 80% in Q4 2015.
US mobile ad spend on the rise
US consumers are now also spending an hour longer on their mobile devices compared to 2014. This comes at the expense of desktops.
However, US mobile ad spend growth pales in comparison to China’s. In Q4 2015, China’s mobile ad expenditure rose a staggering 1,246%. Venezuela, Canada and Hong Kong also noted strong results.
China leads in mobile ad spend growth
Smaato also found that apps dominated ad spending globally. In the Americas, in-app ad spending rose 77% from 64% in Q4 2014, whilst mobile web declined from 36% to 23% in 2015. Similarly, the APAC and EMEA region picked up when it came to in-app expenditure, whilst mobile web declined.
In-app ad spending outscores mobile web
On the Smaato platform, Android contributed 54.9% of global ad spend, compared to 43% on iOS. However, iOS has been traditionally more lucrative for publishers due to a higher eCPM. Smaato says that gap may be about to close as Android has been growing at a much stronger rate in 2015 than iOS.
Android catches up with iOS
Mobile data has been all the rage as of late and rightly so, as the report’s results show. For publishers, location as well as gender data made a significant impact on eCPM growth in 2015. eCPMs for ad impressions without data rose 42% between 2014 and 2015, compared to eCPMs rising 120% for impressions utilising geo-location and gender data.
Data makes a difference
The report also examined the Holiday shopping season more closely. Compared to 2014, the average daily ad spend on the Smaato platform rose 175% in 2015. Spending peaked earlier in 2015, with the top five mobile ad spend days occurring in November compared to December the year before.
As spending during the holidays
Ragnar Kruse, CEO and Co-founder, Smaato, says:
“Data truly is the new mobile currency. It’s a win-win-win. Making use of this data maximizes revenue for publishers, it allows advertisers to reach their target audience effectively, and the end user gets a better, more relevant ad experience. Now more than ever, it pays to know who your users are.”


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Apple's ecosystem just got a little bit less sticky, thanks to Google's location-sharing app launching on iOS. Trusted Contacts was launched on Android in December, allowing friends and family to see and request your location — even when offline by showing your last known position. With its inclusion in both the Google Play Store and the Apple App Store, now anyone in the smartphone duopoly can keep track of their loved ones.
Trusted Contacts also received a few updates that benefit existing Android users. The app now lets users change the default time in which their location is shared after a request is made by a trusted contact. The previous default was five minutes, but now you can share immediately or with up to an hour delay. Google pitches the feature as potentially lifesaving in emergency situations when you can't answer your phone. Other changes to the app include the ability to add trusted contacts by phone number, and the addition of nine new languages for a total of 25 supported.
Like iMessage, AirPlay, and FaceTime, Find My Friends is one of those iPhone features that keeps families and friends locked into Apple's ecosystem because it only works in iOS (with hooks back to macOS). In my family of five, the kids all have hand-me-down iPhones and Find My Friends has been incredibly useful, logistically speaking. It’s a service we can’t live without. Trusted Contacts is cross platform, works with my preferred mapping app (Google Maps), and comes with the weight of Google's name behind it. In other words, I now have one more reason to consider switching to Android, especially when the best smartphone I can buy right now is the Galaxy S8.


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Last weekend, rumors started flying that Sony would be opening pre-orders for the PS5 on Monday. Don’t worry: you didn’t blink and miss it, but nor was it pulled at the last second. According to PlayStation head of marketing Eric Lempel, the company has no idea where the rumor came from, and it wasn’t part of Sony’s plans.
“We don’t know what happened – we had nothing to do with it,” Lempel told Summer Game Festival curator Geoff Keighley. “I got a message from someone saying ‘people are lining up at stores’ and we had no idea why!"
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“So I think it’s safe to say that we’ll let you know when pre-order will happen. It’s not going to happen with a minute’s notice. At some point we’ll let you know when you can pre-order PlayStation 5, so please don’t feel like you have to go run out and line up anywhere until you receive official notice on how that’ll work.”
When will #ps5 pre-orders start? PlayStation worldwide marketing head Eric Lempel says they will give gamers plenty of advance notice. #SummerGameFest pic.twitter.com/ga08j8IvWDJuly 17, 2020
That may sound reassuring on one level, but time is ticking. We know that both the PS5 and Xbox Series X will launch before the year is out, which gives us an absolute maximum of 167 days. Realistically, both companies will want their consoles on shelves in the run up to Christmas, so you can probably cut that to 136.
For comparison’s sake, Sony revealed the price of the PlayStation 4 at E3 2013 on June 11 — a day after Microsoft showed its hand with the Xbox One. The console went on to launch 157 days later on 15 November, so even if Sony revealed the price tomorrow, it would still give eager early adopters less time to save than last time around.
Why the secrecy? Simply, with both Sony and Microsoft launching next-generation consoles this year, nobody wants to be the first to reveal and risk being undercut by the opposition — and with good reason. The only time Sony has failed to massively outsell Microsoft in hardware was with the PlayStation 3, when the console was priced at $500 to the Xbox 360’s $400.
It’s also possible that Sony hasn’t decided what price to make the PlayStation 5 — an idea backed by a survey that did the rounds recently. That may sound a bit unprepared, but we are in unprecedented times with the full economic impact of coronavirus not fully understood. Are people tightening belts so unwilling to buy expensive hardware? Or maybe people accept that they’ll be spending more time inside, so are willing to pay extra for home entertainment?
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The answer to these questions will ultimately see how much Sony is willing to subsidize its new machine — but it’s clearly reluctant to show its hand with Microsoft waiting in the wings.
Freelance contributor Alan has been writing about tech for over a decade, covering phones, drones and everything in between. Previously Deputy Editor of tech site Alphr, his words are found all over the web and in the occasional magazine too. When not weighing up the pros and cons of the latest smartwatch, you'll probably find him tackling his ever-growing games backlog. Or, more likely, playing Spelunky for the millionth time.


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From tothe company made 45 such acquisitions of companies and product lines. Product Johnson and Johnson products are basically in three main categories: Johnson and Johnson works with governments to develop differential pricing approaches to help more people access their medical products.
In October ofTylenolthe leading pain-killer medicine in the United States at the time, faced a tremendous crisis when seven people in Chicago were reported dead after taking extra-strength Tylenol capsules. The tampering occurred once the product reached the shelves.
They were removed from the shelves, infected with cyanide and returned to the shelves Mitchell, Immediately after the cyanide poisonings, its market share was reduced to seven percent Mitchell Once the connection was made between the Tylenol capsules and the reported deaths, public announcements were made warning people about the consumption of the product.
Lazare, Chicago Sun-Times Additionally, they halted all advertisement for the product. Tylenol products were re-introduced containing a triple-seal tamper resistant packaging.
It became the first company to comply with the Food and Drug Administration mandate of tamper-resistant packaging. Mitchell Furthermore, they promoted caplets, which are more resistant to tampering. They were available in the newspapers as well as by calling a toll-free number.
Over sales people made presentations for the medical community to restore confidence on the product. Mitchell What was Tylenol's basis for its crisis management program?
Lazare Chicago Sun-Times Therefore, it was essential to maintain the safety of its publics to maintain the company alive. Tylenol is one of thousands of companies who have faced a crisis that can be destructive to its company if not handled properly.
In17 years later, when Coca-Cola was faced with a crisis of its own, Nick Purdom of PR Week wrote that "the PR industry has an important role to play in helping companies identify and manage risks that could damage their reputation.Explore Janssen’s innovative medical research and development practices, and see how Janssen is dedicated to the well-being of patients around the world.
Corporate Social Responsibility (CSR) is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. When companies operate in an economically, socially and environmentally responsible manner, and they do so transparently, it helps them succeed, in particular through encouraging shared value and social license.
Johnson & Johnson SWOT Analysis , scientifically-orientated products.
Johnson & Johnson's broad pharmaceutical and medical background provides a strong platform from which to exploit such developments. resulting in a shrinking consumer base for Johnson & Johnson's core baby care products. Johnson & Johnson Consumer Products, Inc. Corporate Social Responsibility (CSR) is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner.
Cited Cases. Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case.
Citations are also linked in the body of the Featured Case. These companies are world giants Johnson & Johnson (which besides pharmaceutical products manufactures consumer goods and medical devices) and Bayer which has only about 15% of its revenues from the sales of pharmaceutical products.


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Monterey Car Week is a true pilgrimage for car people, something serious enthusiasts should attend at least once in their lifetime. Whether you want to watch the world’s most significant race cars tear around Laguna Seca Raceway, don your best pastel-colored slacks and hobnob with the rich and famous at the Pebble Beach Concours, or see the best of the worst at the Concours d’Lemons, Monterey has something for every car fan. Continue reading >>>
There are few things as exotic in the automotive world as a mid-mounted engine configuration. Think Ferrari 458, Lamborghini Diablo, Audi R8… you get the idea. However, you need not spend a six-figure sum in order to experience the unique poise and balance afforded by a mid-engined layout. Indeed, as the cars below prove, there are a handful of offerings out there that can be picked up for the price of a MINI – or less. Which one would you choose?
Car safety is not the most glamorous of subjects, but it remains hugely important for obvious reasons. That’s arguably even more the case when it comes to choosing a used car rather than a new one, where crash performance and safety features might not necessarily be up to the latest standards.
Everybody loves an underdog, yet when it comes to cars there are still certain models that are all too easy to overlook. Below we’ve picked out five such examples, and explained why they might just deserve to make the shortlist when it comes to searching for your next car.
Ask any car manufacturer where its performance models are most popular and the answer will almost always be the UK. We are a nation of fast car – and in particular hot hatch – addicts, a point well and truly demonstrated by the fact that Volkswagen UK’s director, Alison Jones, this week told us that the company has already sold out of its initial allocation of up! GTIs. Fear not, however, for if you are desperate to get your hands on one of these pocket rockets but can’t wait until the next build slots materialise (likely to be in the new year) the first approved used examples have just appeared on CarGurus.
By 2012 Renault’s fast car division seemed unable to put a foot wrong when it came to building hot hatches. It was no surprise therefore when that year’s Renault Megane 2.0 Renaultsport 265 proved to be an instant hit, nor indeed that it continues to make a fine purchase six years on with good examples now available for around half of the original £24,825 list price. In fact, at this moment in time it might just be the most interesting Half Price Hot Hatch of them all.
While CarGurus is a used car marketplace, we also feel it’s important to keep abreast of what’s happening in the new car market. After all, today’s new cars are tomorrow’s nearly new ones. What that in mind, below we’ve rounded up the 10 best selling new cars on sale in the UK so far this year. By following the links below each car you’ll be able to find approved used examples for sale via CarGurus, with potential savings of thousands of pounds.


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Interpublic backs SocialVibe to link social nets with brand
Think the social realm is too large to harness for your brand? Consider a new offering from SocialVibe which allows social network users to endorse different brands. SocialVibe has partnered with Interpublic's Emerging Media Lab for the platform.
The SocialVibe platform allows marketers to offer incentives to consumers on social networks to promote their brands. Now, this isn't payola; the incentives are most often donations to users' favorite causes or charities.. This agreement allows brands to build relationships with consumers in a new way; rather than a consumer just being a fan of a product, consumers are now part of that brand because the brand is now also involved with their favorite causes. In some cases consumers are paid or given swag in exchange for their brand support.
"Charitable donations seem to be the most effective because it allows people to tap into marketing budgets to benefit the causes and charities they want to support," said Joe Marchese, SocialVibe Founder and CEO (via MediaPost).
The possibilities for this kind of marketing are endless, it would seem. Consumers on social networks are there for one reason: to connect with friends to share ideas and concerns. This platform combines all of that into a simple ad because consumers can share their favorite brands while at the same time promoting causes that are near and dear to their hearts.
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The seized cocaine weighs 1.29kg, which was to be further spiked with other substances like sodium bicarbonate to turn into a 12kg package.
The match between Kolkata Knight Riders and Delhi Daredevils, which was to be played at 8:00pm on April 28, has been shifted to May 7 (8:00pm).
The meeting has been convened to take stock of the suggestions put forth in the conclave of Ranji captains and coaches held in Delhi on March 15.
It requires customers to bring their Aadhaar card to the Vodafone store and provide fingerprints to get a new mobile connection.
CBI has said the agency teams today swooped down at one location each in Bangalore, New Delhi, Kolkata, Nagpur in connection with the case.
On December 15, the King and the Queen, the first monarchs to attend their coronation darbar in India, laid two plain foundation stones of the new city.
IndiGo, India's biggest carrier by market share, Wednesday launched its maiden flight to Dimapur, Nagaland from Kolkata.
Kolkata-based Hitech Mobiles launched its new Hi Plus range of mobile accessories for the Indian market as it aims to boost its annual revenue to Rs 500 cr.


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One of the most important aspects of building a community online is assessing whether customers want to engage with a brand in this way in the first place, according to experts at last week’s Reputation Online Live.
Maz Nadjm, newly appointed head of social media at Ogilvy Group UK, said a brand should first set clear and realistic goals – for instance, to turn passive users into contributors.
He encouraged businesses to assess internally: are your customers interested in talking to you online? Do you have resource to do this?
This point was reiterated by Blaise Grimes-Viort, head of social media and engagement at Webjam, who said that, before investing in technology or talent, a brand must always define why they’re try to build a community.
As well as highlighting the value of inviting people to join in, and telling them clearly what they need to do once they have, Grimes-Viort said a brand needs to promote member activity, build a rewards system, highlight achievement and celebrate growth as a group.
Heather Taylor, head of social media at Giffgaff, and Vincent Boon, head of community for the MVNO, finished off by showing that giving its community free calls, texts and cashback for answering other people’s questions has resulted in a Net Promoter Score – a measure of loyalty - equal to that of Google.
By making it easy for the community to help each other, the brand’s users now turn to Giffgaff’s forums instead of calling its call centre on average 50% of the time.


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"Tesla is working with the Shanghai Municipal Government to explore the possibility of establishing a manufacturing facility in the region to serve the Chinese market". Several previous reports of the company reaching an agreement to set up shop in China have proven to be mere speculation.
China taxes a 25 percent duty on sales of imported vehicles and has not permitted foreign carmakers to build wholly-owned factories in the country, the world's largest auto market. In the country's free trade zones, however, Tesla would be able to build a "wholly owned factory", according to the WSJ.
Tesla would still have to pay a 25 percent duty on cars built in a free trade zone, but it could lower its production costs.
Wall Street Journal sources say that Tesla has struck a deal with China to build a factory in Shanghai's free trade zone, which will increase the electric vehicle maker's declining sales in the country. However, that is not the case with Tesla, as reportedly it will be building its owning factory.
Does New York have pieces to pull off Eric Bledsoe deal?
Watson was promoted from assistant to interim head coach of the Suns after Jeff Hornacek was sacked February 1, 2016. Bledsoe is averaging 15.7 points, 2.3 rebounds and 3.0 assists for the Suns this season - his fifth with the team.
Since entering the Chinese market in 2014, Tesla has rapidly expanded its local operations, with China revenue in 2016 growing to $1.06 billion, a three-fold increase from the previous year.
While the news isn't exactly a surprise - Tesla has seemingly been in talks to open a factory in China for ages and has hinted that a factory might be opening soon - given the timing, one can't help but question whether the reporting is accurate. As such, establishing a factory in China will be a major deal for Tesla as it works to ramp up its production around the world.
The company's well known vehicle models included Tesla Roadster, Tesla Model S, Tesla Model x and Tesla Model 3. While the automaker has sold its EVs in China for years, sales have sometimes struggled in a country where it faces an uphill battle between its outsider status and apartment-focused living (you can't buy an EV if there's nowhere to charge it). Chinese electric vehicle company BYD, which is backed by Warren Buffett, was the best-selling electric carmaker previous year and sells seven models in the country.


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Legal experts are telling people thinking of filing suit int eh wake of recent pet-food recalls to consider a class-action case.
Attorneys say solo lawsuits might not be effective because most state laws consider animals little more than property.
They say a class-action suit would drastically reduce each pet owner's legal fees and give them a chance at greater compensation.
Menu Foods recalled 60 million containers of cat and dog food in recent weeks after animals died of kidney failure after eating the Canadian company's products.
Menu Foods has confirmed the deaths of 15 cats and one dog. Some anecdotal figures suggest that many more may have died.


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Ajay Banga, chief executive officer at MasterCard, said that the economic recovery will take "hard work" and as much as 18 months but that a "double-dip" recession is unlikely. "I'm not a double-dip believer," he said. Mr. Banga also discussed mobile payments, saying it is "a real opportunity, just like e-commerce is a real opportunity. But 50% of our time is growing my core businesses -- credit, debit and prepaid processing -- because that'll pay for the rent and the lights for the next few years."
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Lightning eMotors to produce vehicles with CATL battery packs
The new partnership will design and install contactor safety switch systems on C and G-battery packs exclusive to Lightning eMotors. Vehicle production with CATL packs is expected to begin in March 2022, the company said.
New Delhi: Leading provider of medium and heavy-duty specialty commercial electric vehicles for fleets, Lightning eMotors has signed a two-year agreement to purchase 175 megawatt-hours (MWh) of CATL battery products. The agreement further diversifies Lightning eMotors’ battery pack options, enhancing the company’s ability to produce and deliver new vehicles at a faster pace.
The new partnership will design and install contactor safety switch systems on C and G-battery packs, exclusive to Lightning eMotors.Vehicle production with CATL packs is expected to begin in March 2022, said the company.
Chelsea Ramm, VP, Global Supply Chain, Lightning eMotors said, "CATL has a proven lineup of battery pack configurations that will provide us with additional flexibility for our wide range of medium- and heavy-duty zero-emission commercial electric vehicles”
“CATL’s mature product portfolio, combined with our existing and ongoing partnerships, provides us with several efficient battery pack options as we work with customers to configure the right vehicles to fit their needs.”
The agreement with CATL distributor Coulomb Solutions, Inc. (CSI) provides Lightning eMotors with additional optionality around form factor. Having several battery size and shape options enables Lightning to address a variety of use cases and better meet customer requirements, which is critical to their goal of providing highly customized zero-emission commercial vehicles.
According to the company statement, CATL battery products will be available to Lightning in two pack options – a 30 kWh battery and 35 kWh battery – for a total of more than 175 megawatt-hours of battery capacity.
Tim Reeser, CEO, Lightning eMotors said, “This new partnership with CSI providing CATL’s advanced battery systems represents a significant step forward with our battery sourcing plan and provides us with an even greater ability to quickly provide our customers with zero-emission vehicles that meet their expectations.” Also Read:
CATL has given China a commanding lead in electric car batteries, a technology central to the broader green revolution. The company already supplies batteries to almost all of the world's automakers, including GM, Volkswagen, BMW and Tesla. CATL has emerged as one of the biggest winners of the electric car boom, along with Tesla.
India's largest electric scooter maker Ola Electric's cup of woes refuses to ebb. After an incident of fire in Pune that led to a recall and multiple cases of battery drainage, a fresh case of a scooter suffering from a bug and reversing on full speed has surfaced. It left the 65-year-old father of the owner severely injured and in the hospital.
The buses will benefit from the central government subsidy offered under the remodeled FAME II scheme administered by the Ministry of Heavy Industries. “With the very low discovered prices under the Grand Challenge, a savings of approximately Rs 361 crore of national subsidy can be realised, which in turn may be utilised for additional buses,” it said.


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This article was originally published on Technology.Info.
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One of the biggest barriers to implementing virtualised desktops is the time, money and skills it takes to get the virtual desktop infrastructure up and running. For many companies, it’s a real turn-off. For others, it’s simply prohibitive.
At IP EXPO 2013, hosting company Adapt announced the availability of a service that executives at the company hope will persuade such companies to take the leap: Adapt Desktop-as-a-Service (DaaS).
In the past, Adapt has worked with some large companies on VDI projects, so staff there are familiar with the technologies involved and the skills demanded. They realised that, by implementing and managing these technologies in-house, they could achieve economies of scale that would make it possible to deliver virtualised desktops as a pay-as-you-go cloud service to smaller organisations.
In particular, it’s looking to target companies that require fewer than around 300 to 400 desktops, says Kevin Linsell, Adapt’s head of service development. These, he says, are the companies that typically balk at the cost and effort involved of deploying their own VDI either in-house or on a hosting company’s premises.
Adapt’s DaaS solution is based on technology from Desktone, a company that was acquired by VMware the day before IP EXPO 2013 opened in mid-October. Adapt DaaS is delivered via Adapt’s Virtual Data Centre (eVDC) product and managed by its own staff through its real-time management portal (aMP).
The result, says Linsell, is a no-hassle approach to VDI that can be funded through a customer’s operational expenditure. “We take care of all the complexity behind the scenes - all that heavy-lifting is out of the way - so that all they need to worry about is building the business case and defining the end-user experience they want to achieve,” says Linsell.
Adapt can offer customers a Microsoft or Linux operating system for their desktops - although in practice, it’s always the former that customers enquire about. “It’s technically possible, and it’s a supported model that we offer, but we haven’t seen anyone seriously pursue that with us.”
In fact, it’s still early days for Adapt DaaS: right now, the company has a couple of early adopter customers going through a trial at the moment, but in fairness, it’s just a few weeks after the formal launch. But the Desktone technology is already used by customers that include NEC, Dell, Time Warner Cable and Fujitsu, many of which already use it to offer their own desktop-as-a-service offerings.
Adapt has identified other types of customers - or, at least, customer use cases - where it thinks its proposition will receive a fair hearing. These include companies trying to deliver a mobile, secure desktop to staff who are home-based or travelling frequently between different offices; those that have a lot of contract staff working in their operations, particularly offshored or outsourced employees; companies with complex networks of branch offices; and companies that take on a lot of extra, temporary staff at certain times of the year, such as holiday companies, retailers and tax accountants.
And because the new service is hosted in Adapt’s highly secure UK data centres, the company believes it’s well-positioned to answer customer enquiries about security and compliance. These data centres comply with some of today’s highest standards for information security, namely ISO 27001, 9001 and 20000-1, says Linsell. “For most organisations, but particularly those in financial services or those dealing with data that must meet stringent compliance regulations, any service like this must strike the right balance between working flexibility and data security.”


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Brian Marshall, ISI, takes a look at the tech titan after the iPhone's opening weekend in China, and whether it's a good time to stay in or pare your losses. "We are forecasting 48 million iPhones for the December quarter," says Marshall.


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We all know the rise and fall story of Galaxy note 7. After Note 7 fiasco, Samsung is more concerned about its products quality. Now Samsung Sets up Quality Assurance Office to Improve the Quality of its Products. Recently, Samsung has also showed in a video on YouTube that how many test, Samsung is doing on its upcoming smartphones.
Samsung Sets up Quality Assurance Office to Improve the Quality of its Products
After Note 7 incident, Samsung’s reputation has affected a lot. Moreover, Samsung is being sued both in South Korea as well as abroad because of its exploding Note 7. Now, it’s time for Samsung to gain its reputation back.
Building a quality assurance office, is a good decision taken by Samsung. It seems like, Samsung has learnt from its mistakes. This new office will be led by Kim Jong-ho, a manufacturing expert that joined Samsung back in 1983. A few years ago, he was awarded the “Gold Tower Order of Industrial Service Merit” for his work that helped expand the electronics and IT industries.
Now, Samsung‘s main focus is on its upcoming high-end smartphone S8. Samsung S8 is the long awaited flagship smartphone from Samsung this year after its unfortunate explosion of Note 7 incident. There were many rumors about the launch of S8, but now finally Samsung to Launch Galaxy S8 on 29th March.
However, some reports are claiming that Samsung is in a process to start selling its refurbished Galaxy Note 7 again. So, we can say that the dead Note 7 is now coming back to life. Moreover, rumors also claim that Samsung will start selling Note 7 in June 2017. But, Note 7 will come with improved batteries and cases. However, Samsung has not made any announcement regarding these rumors.
For More Details Also Read: Samsung to Start Selling Refurbished Galaxy Note 7 Again


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Here’s the latest update from sponsor Big Bad Toy Store. Below you can check out the latest pre-orders. After the jump, you can see what’s new in the store. Click either image to see the full newsletter. ————– NEW PRE-ORDERS ————– McFarlane’s DC Multiverse is back with figures from Dark Nights: Metal. NECA has announced the next Gremlins figure in their Ultimate line, Greta! Transformers Masterpiece MP-52 is a new version of Starscream. Tons of new art books and graphic novel books are now up on the site. Spider-Man fans, be sure to check out the new Fighting Armor Iron » Continue Reading.
The post BBTS News – DC Multiverse, Mortal Kombat, Marilyn Monroe, Gremlins, Iron Spider, Funko, Star Wars, MOTU and More appeared first on The Toyark – News.


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Cars sold in the United States will have to be fuel efficient by 2023, which should accelerate the deployment of the electric vehicle, announced the administration Biden as its plan in favor of the environment has lead in the wing after the defection of a key senator.
Automobile manufacturers will thus have to improve the energy performance of their models by 5 to 10% per year between 2023 and 2026, against 1.5% per year required in March 2020 by the Trump administration, and 5% by the Obama administration.
These new consumption standards, published Monday by the Environmental Protection Agency (EPA), should make it possible to tighten regulations that had been greatly relaxed under the presidency of Donald Trump.
These are “the most ambitious federal greenhouse gas emissions standards ever established for passenger cars and pick-ups,” the agency said in a statement.
Joe Biden, who likes to present himself as “a guy who loves cars”, promised stricter consumption standards last August.
He had then displayed great ambitions to green the American automotive industry, lagging behind its foreign competitors, and relied in particular, to achieve this, on investments planned as part of its gigantic environmental and social reforms.
However, the “Build Back Better” plan and its 1.750 billion dollars in spending seemed doomed to failure on Monday the day after the announcement of the refusal of a key Democratic senator, the very moderate Joe Manchin, to support it.
– Electric cars –
Pending a more ambitious plan, the EPA requires that cars -SUV and pick-up included- be able by mid-2026 to cover, at continuous speed, 88.5 kilometers (55 miles) on one gallon of fuel. (nearly 4 liters), compared to 69 km per gallon forecast by the Trump administration.
The former Republican president had indeed largely relaxed the regulations planned by the Obama administration, which provided 80.5 km per gallon by mid-2025.
In real traffic conditions, this represents, for these new regulations, 64.5 km per gallon, against 51.5 km forecast by the Trump administration and 58 km for the Obama administration.
However, this is an average, some vehicles will consume more, others less.
To achieve this, car manufacturers will have to improve the technical performance of their models but also manufacture more electric cars.
“By mid-2026, the EPA predicts that final standards can be met with around 17% of electric vehicles sold and wider adoption of advanced gasoline engine technologies available today,” the agency said. in a press release.
Electric cars now represent between 2% and 4% of total automobile sales in the United States, according to the sources.
Joe Biden had already signed an executive order providing that by 2030, half of the cars sold in the United States will be emission-free – electric, plug-in hybrids or hydrogen.
– Government support –
This new regulation requires “a substantial increase in sales of electric vehicles”, said in a statement John Bozzella, CEO of the Alliance for Automotive Innovation, which brings together American and foreign manufacturers representing nearly all cars sold to United States.
According to him, achieving the planned objectives “will undoubtedly require the adoption of supportive government policies”, he added.
He referred to “incentives for consumers, substantial growth in infrastructure, fleet requirements and support for manufacturing and supply chain development in the United States”.
The EPA further estimates that with these new fuel standards, “US drivers will save between $ 210 billion and $ 420 billion by 2050 on fuel costs.”
Among the objectives put forward are “reducing climate pollution, improving public health and saving money at the pump for drivers,” he said.
But for the association of scientists Union of Concerned Scientists, it is essential to be more ambitious: “the new standards go a long way to repairing the damage caused by the previous administration, but, to stem the climate catastrophe, we must redouble ‘ambition and demand even more “.