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THE Kuwaiti company that has made two bids to take over John Menzies has responded to the double rejection, saying it had offered a “compelling opportunity”.
National Aviation Services (NAS) noted the announcement made by Edinburgh-based Menzies on Wednesday that it had unanimously rejected the latest offer worth £469 million and confirmed that it had made two proposals to Menzies.
Shares in John Menzies rose 43 per cent at 478p on Wednesday and remained buoyant on Thursday.
Menzies said in its rejection that it is well positioned as a global player and that the proposal “fails to reflect Menzies strong growth prospects and attractive industry outlook”.
It described the move as “highly opportunistic”.
The first bid was made on January 17 for a possible cash offer of 460p per share and rejected days later.
The second proposal was made on February 2 for a possible cash offer at 510p, representing a premium of approximately 76 per cent to Menzies’ closing share price of 290p on the day of the second offer, and 68% to Menzies’ 30-day volume weighted average share price of 304p.
NAS has a presence in more than 55 airports across the Middle East, Africa and South Asia.
It is part of the Agility Public Warehousing Company KSCP group which it said has been one of the largest investors in the logistics sector globally over the past 20 years.
READ MORE: ‘Highly opportunistic’ bid to take over 189-year-old Scottish company
NAS said it and its advisors have considered publicly available information in detail, including Menzies’ performance before the pandemic, recent cost reduction measures, contract renewals and new business wins to formulate its proposals.
NAS has also taken into account the company’s debt levels, debt service obligations and ability to generate free cash flows and distribute profits to its shareholders, “particularly in light of the investments required to remain competitive and grow the business”.
It said: “NAS believes that its improved possible cash offer at 510p per share represents a compelling opportunity for shareholders to realise full value for their investment in cash.
“Menzies and NAS share highly complementary geographical footprints and product portfolios, with minimal overlap.”
NAS said it “places importance on Menzies’ Scottish heritage, its enviable brand, and its long-standing operational excellence across the globe”.
A combination with NAS would bring greater geographical diversification to Menzies, “forging deeper relationships with the combined customer base”.
Hassan El-Houry, NAS group chief executive, said: “We have made an attractive offer that we urge Menzies’ shareholders to consider carefully.
“Our offer represents a 76% premium over Menzies’ share price just over a week ago.
“In our view, the fundamentals of Menzies and of the industry as a whole are unlikely to change substantially, notwithstanding cost-cutting measures by Menzies. Let’s be clear: even as air travel recovers, airlines will look to contain costs with their airport service providers.”
It said it has grown during the pandemic.
The Menzies board said on Wednesday it had carefully considered the proposalwith its financial advisers Goldman Sachs International and said the terms “fundamentally undervalue Menzies and its future prospects”.
Menzies added: “Our pipeline of opportunities is full.”


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JD Sports shares climb 11 per cent after sales grow 5.8 per cent in past four months
Shares in JD Sports climbed more than 11 per cent after it said sales had grown by 5.8 per cent in the past four months.
The High Street leisurewear firm, famed for its trainers and tracksuits, said this was the same rate of growth as it saw in the previous half-year period.
In fashion: The board expects the group to meet the City's earnings expectations given the steady rate of progress
Its board expects the group to meet the City’s earnings expectations given the steady rate of progress. But it warned that its performance would be dependent on the crucial Christmas period, particularly the last fortnight of December shopping.
JD Sports snapped up outdoor goods firm Blacks last year, buying it out of administration for £20m.
Shares in the group rose by 138.5p to 1380p, a rise of 11.6 per cent.
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Wall Street Market and Valhalla, two of the largest drug markets. see the identities processing cryptocurrency transfers to identify both the sender. 8 days ago The riseof cryptocurrency is usually a story of pizzas bought with bitcoins now worth over a billion dollars, kingpins of darknet drugs markets. A large scale cyber-theft has drained the relaunched 'online drug bazaar' Silk Road bitcoin drugs market of nearly all of its Bitcoin reserves - estimated to. Cryptocurrencies have grown rapidly in price, popularity, and mainstream adoption. The total market capitalization of bitcoin alone exceeds. Patients could also file a class action lawsuit against bitcoin drugs market hospitals when records are compromised in a cyberattack. The actual criminal market value of e-currencies is hard to estimate accurately bitcoin criminal, Ross Ulbricht, who used the currency for illegal drugs.
The illicit sale of drugs, firearms and bitcoin drugs market smuggling.... digital entities. Services Darknet markets, cryptocurrency darkmarket url exchanges. By S Foley 2019 Cited by 543 Cryptocurrencies are among the largest unregulated markets in the world. We find that approximately one-quarter of bitcoin users are involved in illegal. If Bitcoin were the stock market, Tuesday's drop would be frightening. portfolio of rare-disease drugs such as the bestselling Soliris. Among them was the creation of the world's first online drug bazaar, which sparked a vicious bear market in the price of bitcoin. The growing trade in narcotics being sold over Crypto-Drug Markets (CDMs) is causing academics, law enforcement and policy makers to reassess the impact of. Government agents investigating Ross Ulbricht, the 29 year old who allegedly founded the online drugs market Silk Road have found 28m in.
7 days ago So far, darkmarket list they work better against omicron than antibody therapies from Regeneron Pharmaceuticals Inc. and Eli Lilly & Co. that were cleared for. Two years ago, authorities confiscated 36 bitcoins from a drug dealer. Their value then is equivalent to just three bitcoins now. By T Carr 2019 Cited by 1 offered people an online platform to buy and sell illicit drugs, relying on cryptocurrencies such as Bitcoin for anonymous trans- actions. Given the market capitalization of gold and other speculative factors, As with a drug or alcohol addiction, the individual seeks out more and more of. Even with the markets fluctuating, experts say bitcoin isn't going Investigators found unusually large quantities of the drug in Amy. Government agents investigating Ross Ulbricht, the 29 year old who allegedly founded the online drugs market Silk Road have found 28m in.
Silk Road was a digital black market platform that was popular for hosting money laundering activities and illegal drug transactions using Bitcoin. The Silk Road was a digital black market platform that was popular for hosting money laundering activities and illegal drug transactions using. A man has been sentenced in San Diego, California, for conspiring to darkmarket link sell opioids and other drugs over dark web markets for cryptocurrencies. By F POLICY 2019 Cited by 540 This staggering number is close to the scale of the US and European markets for illegal drugs and suggest that cryptocurrencies are transforming the black. 1 billion in Bitcoin from former dark web drug market Silk Road The cryptocurrency was seized during the dismantling of Silk Road. Road opens for business The Silk Road, an illicit drugs marketplace is established, using Bitcoin as an untraceable way to buy and sell drugs online.
8 days ago and later the company has supplied to its US-based subsidiary for distribution in darkmarket 2022 the US, the world's largest market for generic drugs. Patients could also file a class action lawsuit against bitcoin drugs market hospitals when records are darkmarket 2022 compromised in a cyberattack. Shamo is a federal criminal case involving a dark web drug conspiracy using bitcoin for sales. After conviction, defendant filed a motion. It's common for a new market or product to confuse people, but some people are using it to buy drugs or subvert elections, writes New. By S Foley 2019 Cited by 543 Cryptocurrencies are among the largest unregulated markets in the world. We find that approximately one-quarter of bitcoin users are involved in illegal. According to the data, some believe that the drug market is Redman has been an active member of the cryptocurrency community since 2011.
In fact, the total damage from such attacks is believed to have exceeded $1. There are quite a few options how you can get your hands on those. Related: How Can 4chan be Used as a Data Source for Security Intelligence? During World War II, a radar operator tracks an airplane over Hamburg, guiding searchlights and anti-aircraft guns in relation to a phosphor dot whose position is updated with each sweep of the antenna. Find latest darknet and deepweb mirrors, Top deepweb scams and top deepweb sellers. When bitcoin drugs market broken down into each individual forum, the lowest average is Silk Road with 2. The popular dark web site Empire Market has been down for at least 60 hours, it hasn’t been down for so long since 2019. The websites were created for interaction and drugs were delivered through dedicated shippers to create anonymity between the receiver of the order and logistic persons. By the time the website was taken down and its server was turned off, it had accumulated nearly half a million users and more than 2,400 vendors who collectively exchanged some $170 million USD worth of Bitcoin and Monero cryptocurrencies. Albeit the way in which by which it is displayed documents probably could possibly be changed bitcoin drugs market towards anything improve.
“Dark Web markets aren’t just focused on selling data, passwords, and hacking services.”
Cypher Market Darknet
The Agora admins don't spell out exactly what Tor vulnerability they're referring to. She suffered an bitcoin drugs market untimely death at the age of 34 from a brain tumor. The Silk Road website was an international network of drug dealers and buyers that existed on the Dark Web, a portion of the internet that is unavailable by standard search engines. At least in the short term, he’s proved wrong, and it contributes to the downfall of the Barksdale organisation. You may recall horror stories involving drug lords, people trafficking, and major fraud on the dark web as you browse your favorite news site. Tencent, the world’s largest gaming company that owns stakes in both firms, is leading the deal and would have controlled 67. Police forces have taken down two prolific dark web marketplaces in simultaneous global operations supported by Europol. Trend der internationalen Rohstoffmarkte, darkfox market die seit 2016 hohere Preise verlangen. Likewise, Code signing is another area where an attacker can infuse a malware into a software and use a fake certificate to gain an identity of an original publisher. This was an unwise action because it discourages future discussion on open forums such as Reddit. Suggestions to hack into accounts or sell them were relatively rare, but it doesn’t mean that they do not exist.


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According to a study, companies around the world waited longer for their bills to be paid last year than in the previous year. In a study presented on Friday, the credit insurer Allianz Trade sees this as a clear indication of rising insolvency risks worldwide. "Overall, we expect around 15 percent more bankruptcies this year than in 2022 and thus a normalization of insolvency," said Milo Bogaerts, head of Allianz Trade for German-speaking countries. The trend with poorer payment practices is likely to continue in 2023 – both worldwide and in Germany.
According to the insurer's observations, global payment practices deteriorated more sharply last year than in the previous seven years. On average, invoices in 2022 were paid only after 59 days, five days later than in the previous year. Between 2015 and 2021, the period in which suppliers become lenders to their customers as an "invisible bank" had only been extended by four days.
Chinese pay only after 54 days
"Payment practices are an important harbinger of payment delays and defaults as well as bankruptcies," says Maxime Lemerle, chief analyst for insolvencies at Allianz Trade. "The longer companies have to wait for their money, the more likely they are to end up sitting on unpaid bills." 17 percent of companies worldwide are paid after 90 days, while a total of 42 percent do so for more than 60 days. According to the study, payment practices have suffered particularly in China, where the deadline was extended by ten to 54 days within a year.
Payment practices have also deteriorated in Germany, with an increase from four to 49 days. That was still ten days faster than the global average and a week earlier than usual in neighboring European countries. "That's a pretty glaring difference – but no guarantee," Bogaerts explained. According to him, the current figures confirm the good payment behavior of Germans even in these difficult times.


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New Delhi, Jul 31 (PTI) Shares of Dr Reddy’s Laboratories Also Read - Monsoon Session Day 2: Lok Sabha Passes Essential Commodities Bill to Raise Farmer Income, Boost Agri Sector | Highlights
fell for the third straight session today, down over 3 per Also Read - 'Jammu And Kashmir to Reopen For Tourism Soon', Says J&K Administration
cent, after the drug firm reported a 56.61 per cent dip in Also Read - COVID-19: Centre Announces Guidelines For Unlock 2, Lockdown Till July 31 in Containment Zones
consolidated net profit for the June quarter.
The stock dipped 3.11 per cent to settle at Rs 2,385.50
on BSE. During the day, it lost 3.41 per cent to Rs 2,378 —
its 52-week low.
On NSE, shares of the company slipped 3.31 per cent to
end at Rs 2,383.20.
In the past three days, the stock has lost nearly 12 per
cent, wiping out Rs 5,398.96 crore from its market valuation.
Dr Reddy’s Laboratories on Thursday reported a 56.61 per
cent fall in consolidated net profit to Rs 66.6 crore for the
quarter ended June, mainly on account of lower revenues from
the US and impact of GST in India.
The company had posted a net profit after taxes and share
of profit of associates of Rs 153.5 crore for the same period
of the previous fiscal, Dr Reddy’s Laboratories had said in a
Consolidated net sales of the company stood at Rs 3,248.9
crore for the quarter under consideration. It stood at Rs
3,185.7 crore for the corresponding period a year ago.
This is published unedited from the PTI feed.


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Construction on Disney Springs, the new vision for Downtown Disney, got underway earlier this month. It’s going to be a few years before the whole project is done and current vendors in the shopping center are in for an uncertain time. Will crowds continue to come if they have to negotiate a maze of construction walls and relocated parking to get there? Probably yes, but just in case, Disney World has launched a new ad campaign with the goal of keeping Downtown Disney front of mind in locals and tourists alike.
You can follow Downtown Disney on Twitter too: @WDWDowntown.
Will this be enough to keep the crowds coming and keep existing vendors happy while Disney makes room for twice as many shops and restaurants? What do you think?


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- Looking for value in beaten down NBFCs, building material & select FMCG stocks: Dipan Mehta
- Not factoring in anything magical from govt this Budget: Aveek Mitra
- Go for power utilities, steer clear of manufacturers: Nischal Maheshwari, Centrum Broking
- Earnings, global sentiment and flows are key triggers for market now: Hemang Jani, Sharekhan
A purist would say this is turning out to be a great year despite the underlying slowdown in the economy, drop in earnings, rise in inflation, crack in bond yields. The Nifty is on course to give a double digit return?
We have two people to thank for it. One is the honourable finance minister who in spite of this slowdown, has handed over the corporate tax cut to the top 200 companies which has proved to be a fillip for their profitability. It may not do wonders for the economy, it may in fact be counterproductive for the rest of the economy, but for the stock holding community, those companies -- like
Two is global liquidity. But that liquidity would not have been as good compared to the fact that it came in post the tax cut. It all boils down to the fact that in a dwindling pie, the government somehow sliced the pie in the favour of the top 200 companies which are the stock market darlings. All in all, it panned out to be a very good year. It is very simple economics. Poor economy, a bigger slice of the benefits cake for 200 companies and voila! we have a stock market at a historic high!
Did you Know?
Stock score of Nestle India Ltd moved up by 1 in a week.View Latest Stock Report »
When an economy or a sector goes through the turmoil, the big get bigger and the small ones find it difficult to survive and the dwarfs evaporate. Are we in for more of the same in terms of market leadership and bent of the economy?
It is partly true. Globally, the bigger one are becoming bigger but there is ample room for the smaller ones in terms of their ability to become part of the supply chain to survive and thrive and compete with the bigger guys. That is the beauty of America.
For 2020, recognise the new paradigm, forget text books: Ajay Srivastava
Here, the reverse is happening. Here, by policy actions, we are making the smaller Therefore. handing out a victory to the bigger guys not because they have become more efficient, nor that they have over invested. It is just that they were bigger and the government at the end of the day gave a much larger benefit to them, compared to the smaller guys.
So instead of giving a GST cut to say all companies up to Rs 200 crore, we give a tax benefit to the top class! The danger is that as the bottom of the economy hollows out, the sink hole comes in place and can the top hold with the bottom hollowing out?
For the stock market it is still party as usual because the bigger companies are not going to go anyway down under, but the middle tier segment will it collapse into the sink hole. That could be the worst news for the economy.
Generally speaking what you said is true but it brought the economy up along with it. Here what is happening is the bottom is sinking and the top guys are being lifted up by the government and that is not the healthiest thing to expand this economic inequality in any country.
"I believe more is coming from the government. From where they will bring the money I do not know, but more is coming."
Last time we spoke, you were pretty clear that 2020 is going to be a year where one should just hold on to their horses and remain invested. I cannot imagine anything has changed in a couple of weeks. It looks like the room is getting narrow and narrower to hear anything from the government in the budget?
Well, stranger things have happened. Who thought the tax cut will come in the middle of the biggest GST squeeze? So, for that matter one cannot take decisions of this kind. Whether it benefits or if it is going to be detrimental in the long run, we do not know. I do not think we should rule out more such steps. The quarter, contrary to what people expected, is going to get worse. All that you are seeing around the country is not exactly helpful for consumer sales or for the economic activity. The dislocations are going to cost us quite a bit of money at the end of the day.
We can argue about justifiability, non-justifiability etc. I am not going to debate. Fact is all this results in lower economic activity that is the bottom line. As an investor, you have to be ready that in the next two quarters, you are going to look at a very big economic slide. How you manage the portfolios is up to you, but an economic slide is coming our way and in a much bigger way. Oil is at $68, interest rates are not coming down, economic activity is not picking up, consumption is going to be much worse than what we thought in this quarter. You are not looking at a pretty picture.
Whether the government will panic itself into giving more benefits to some select people, corporates, sectors, segments one cannot rule it out. This is not something which just happens often in an economy and if this quarter goes bad, you can expect next March quarter is going to be significantly worse. I believe more is coming from the government. From where they will bring the money I do not know, but more is coming.
As an investor, what has been the biggest learning from 2019?
The biggest learning for 2019 has been a very simple fact that one should not fight the market trend. As much as we love the smaller companies, as much as we love the one and two PE stocks, one needs to hold vision and stay firm and stay clear and go with the economic policy. Everything else you learn about in the text books about trying to find value, alpha, etc, have to be given up. This is a different paradigm, this is a different world of negative interest rates and we need to provide for that.
70 PEs are norm in the game today. In a traditional text, if you say 70 PEs, that is considered stupidity. But that is not stupidity! Nestle will still run at 70 PE for next three years or 60 PE or thereabouts. The biggest learning is recognise the new paradigm, forget the text books.
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2015 Ford Super Duty Polishes The Imperfections On 2014 Models
As we are moving on to the year 2015, a lot of new cars are being announced. Drivers with a wish to buy something new are going to have hands full of choices. And for the fans of high-powered pickup trucks, some good news finally arrived. Ford is about to launch a brand-new model, the 2015 Ford Super Duty. For now, only test drivers are able to tell whether or not this car is going to be a major improvement, but based on the information available, the latest Ford pickup truck is definitely going to pick up on the improvement area.
What are the major improvements?
The test drivers who had a chance to get a spin in this powerful model claim that it will outmatch even the models of the 2014, which has to mean that some of the serious improvements have been made. On the list of things to test drivers have noticed, the first of improvements are the increased towing capability and a redesigned chassis. The drivers will still be able to enjoy the standard Ford look and design, but they will definitely greet the new engine very eagerly.
What is the new engine like?
The improved 6.7-liter Power Stroke V-8 engines might be just what is going to refresh this series. Robert Fascetti, the Ford vice president stated that these engines are already the employed in some of the other models, but implementing them into the 2015 Ford Super Duty makes this pickup even more furious. To support the power of the engine and give the pickup the maximum power, an improved brand-new turbocharger has been implemented as well.
What else is going to be new?
These are just some of the features which dramatically increase the performance of the 2015 Ford Super Duty. To make sure that the vehicle is going to be powerful and yet safe, a lot of work has been put in to create a better braking power. Everything has been retouched and upgraded to accommodate the new engine. The new 19.5 inch wheels, the redesigned rear, even new suspension parts are going to increase the handling, towing capacity and a power performance of this pickup truck.
Will this be the next best pickup truck?
The comfort level has been increased as well. A new, spacious interior design is going to allow drivers to experience a much larger amount of comfort as compared to the 2014 models of this type. This confirms that everyone will be eager to wait for the 2015 Ford Super Duty to come out of the works and show the drivers all the major improvements they have been hoping for.


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One powered by Intel's N280 processor
As some of you already know, early next month, on March 3, people in the IT industry will be waiting for the start of the CeBIT show in Hanover, Germany. There, various companies are expected to debut a number of new products, giving us a pretty general idea of how the computer market will look like for the ongoing year. One of those companies is Gigabyte, which has
recently showcased the TouchNote M1028 small-sized computer system at the MWC in Barcelona. The company is expected to further expand its TouchNote series with the addition of new 10-inch netbooks, which will be showcased at the CeBIT show, next month.
Aside from the Atom-powered TouchNote M1028, the Taiwanese company will also be showcasing two other 10-inch touchscreen netbooks, the M1024 and the M1022. According to available details, the M1024 will be designed as a thinner and lighter version of the M1028, while the M1022 will be boasting Intel's latest Atom processor, the 1.66GHz N280. Both systems are expected to make their debut at the CeBIT show in Hanover, Germany next month.
The TouchNote M1028 Gigabyte showcased at MWC last week has been featured with a 10-inch touchscreen display, boasting a resolution of 1024 by 600 pixels. The system is powered by the already successful 1.6GHz Atom N270 CPU, coupled with 1GB of RAM, a 160GB hard drive and all the connectivity options available for most netbooks on the market, including WiFi, Bluetooth, ExpressCard slot, SD card reader and an integrated 1.3MP webcam.
As you might expect, the M1028 has been featured with Microsoft's Windows XP operating system, but the company is yet to provide details regarding the netbook's pricing. Fortunately, CeBIT is just days away and we are expecting to find out more during the show.
New World - Gigabyte to Unveil New 10-Inch Netbooks at CeBIT 2009


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For many car companies, finding a clear and coherent brand identity isn't as easy as it might seem. Case in point: Pontiac. The rip-snorting G8 hasn't been the success it might have been if fuel prices and economic woes hadn't struck as it made its debut, and now the G8 ST, or sport truck, won't even see the light of day according to the latest reports.
According to information from 'industry sources', enthusiast site PickupTrucks
is reporting that the 2010 G8 ST won't see production. The sources indicate the decision comes as part of a redefinition of Pontiac's image and a simple cost-cutting measure - reducing Pontiac's line from six vehicles to three or less by 2012.
Dubbed by many as the return of the El Camino, the cargo-carrying two-door car/truck combo has been quite successful in its home market of Australia, where it does duty as a work-day vehicle in addition to its sporting role. In the U.S., however, Pontiac's brand image - and public perception of such vehicles - doesn't really allow for the utilitarian angle. And selling on its sporting potential alone is increasingly out of sync with Pontiac's thrifty-yet-cool brand image borne by products like the G3, G5 and G6._______________________________________Follow Motor Authority on Facebook, Twitter, and Google +.


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“The commercialization of sports hasn’t reached its nadir, and we know this because the inevitable last step still hasn’t happened-that moment when the Browns and the Rockets become the Cleveland E*Trades and the Houston Mennen Speed Sticks, with logo-embossed jerseys to match.” The column continues…
“This is the year when sports commercialization will finally go from being a cute, quintessentially American subplot (poor small town jock makes it to the big leagues, gets the big hit in the big game, gets rewarded with his face on a Wheaties box) to a disfiguring herpes-like disease that one never stops being aware of and finally sucks the last bits of joy from following pro sports.” And continues…
“It’s not just the preposterous sponsorship tie-ins you see everywhere, so much so that you can literally consume them…I know we are getting there because I love sports but am beginning to hate watching sports. There are so many goddamn ads and tie-ins now, your skull starts to feel like an echo chamber by the end of the game-and you start inadvertently humming beer-company jingles to yourself, against your will. It is enough to make you want to gouge out your own eyeballs with a spoon and eat them raw.” (Don’t hold back, tell us how you really feel.)
An article that appeared in the Detroit Free Press (10/17) about the Ford Taurus Game Day House Party sparked my interest. To summarize the article, Ford partnered with HouseParty.com (a cool idea, but a terrible website, very amateur looking and slow loading) and Ford dealers to throw house parties for groups of guys across the U.S. as they watch football. The house parties were designed to promote the launch of 2010 Ford Taurus. The campaign was expected to reach about 20,000 people at 1,000 house parties. According to the article, the hosts of many of the parties would get to test drive a Taurus for the day and hosts also received a party pack that included banners, thunder sticks and a DVD featuring Fox Sports commentator Michael Strahan. Representatives from local dealers were sent to talk to hosts about the Taurus. The campaign was promoted on websites including FoxSports.com and in print. Ford received 6,000 applications. There is also a contest component and the winner will receive a new Ford Taurus. The House Party is part of a larger campaign that Ford is launching to link the Taurus with pro football. Ford did a similar campaign during American Idol for the Fusion.
Through my conversations with sponsors, properties and reporters, I frequently come across new spending and activation programs that don’t make it into IEG Sponsorship Report. Below are three recent examples.
Aaron’s, Inc. boosts sponsorship budget 10 percent. The limping economy has prompted renewed interest in rent-to-own, dollar stores and other types of retailers that cater to low and middle-income consumers, and that has led to new sponsorship spending by players in those categories.
For its part, Aaron’s largely focuses on motorsports properties, and to a lesser extent properties located near its Atlanta headquarters. The company earlier this year renewed its title of NASCAR Sprint Cup Series and Nationwide Series races at Alabama’s Talladega Superspeedway, a property it has sponsored since ’02. more
It was a sad day in the Kapraun household. With the start of the official NFL season I decided to conduct my own unscientific sponsor research. So, last week, during dinner, I asked my husband if he could name any NFL sponsors. He responded by saying “What’s a sponsor?” I was floored. How could he not know what a sponsor is? I was specifically looking for him to name some NFL league sponsors, but I would have accepted team sponsors as well. In response, I named some NFL league sponsors and he said “oh, yeah”, meaning that when prompted, he knew there was an association between those companies and the NFL.
A few days later I asked him if he could name any NASCAR sponsors and he rattled off at least a handful of sponsors including both series and several team/driver sponsors. At that point, I was feeling like not all hope was lost. However, how did the concept of a sponsor get lost between NASCAR and the NFL? Why would he know what companies sponsor one property and then not even understand what a sponsor is when connected to another property?
The news this week that Jack Daniel’s is quitting its NASCAR team and Anheuser-Busch’s Michelob Ultra is not renewing title of its LPGA Tour stop in Virginia are but two examples of the scores of sponsors dropping title of pro golf tournaments and motorsports teams.
It is a tough environment for everyone selling sponsorship, but among the most challenged are pro golf events and motorsports teams. Rightsholders in these sectors have often sold on media visibility, and that’s a dangerous path for anyone in sponsorship.
On merely a CPM basis, sponsorship cannot successfully compete with advertising. When times were flush, marketers were willing to pay the higher CPM because intuitively they understood that sponsorship offered more. But intuition is no longer enough, and treating sponsorship as the “added value” piece and media as the main event, no longer works.
Conventional sponsorship wisdom says that one of the best things a property can do to sell/renew deals in a disastrous economic climate is to show the prospect/sponsor that the relationship can result directly in product sales. There is no better ROI measurement or justification for a sponsorship expenditure than proving the connection between the partnership and revenue for the sponsor that goes to its bottom line, so the thinking goes. Seems to makes perfect sense.
There may be a flaw in this logic, however. This thought was spurred by this summer’s news DeWalt tools would not renew its 10-year-old sponsorship of Roush Fenway Racing’s No. 17 NASCAR Sprint Cup Series entry driven by Matt Kenseth. This news called to mind an IEG Sponsorship Report story of a few years ago, in which DeWalt’s then event marketing manager told us the company generated enough profit (not just revenue) from the sponsorship—through securing new trade partners and generating incremental sales at existing accounts—to recoup its annual rights fee, which we estimated then to be about $14 million. more
While many properties have written off the consumer electronics category due to the economy and subsequent pullback in discretionary consumer spending, JVC, LG and other companies may soon start seeking new deals to promote their latest-and-greatest products: 3-D TVs.
At least one company has signed its first deal. Panasonic Consumer Electronics recently announced a tie-in with James Cameron’s new 3-D science fiction film Avatar on behalf of its 3-D-ready plasma screen TV and 3-D-enabled Blu-ray Disc player, both of which it plans to release next year.
Panasonic will activate the tie by hosting Avatar viewing demonstrations in specially-designed trailers in the U.S. and Europe. Sources say the company plans to leverage Panasonic System Solutions Co.’s multi-million dollar partnership with AEG to host screenings at Southern California’s LA Live entertainment complex. more
Heard at this past weekend’s NASCAR race that Aflac paid $27 million last year for its primary sponsorship of Carl Edwards’ Roush Fenway Sprint Cup Series team.
Talk about buying at the top of the market.
To be sure, Aflac does a good job activating the sponsorship, at least through TV ads. There’s no escaping that pesky duck.
But really, one has to consider what else that kind of money could buy. Speaking in ballpark terms, $27 million would easily cover the cost of other national marketing platforms—ranging from nonprofits to stick-and-ball pro sports teams—with millions to spare.
IEG’s Lesa Ukman and Millward Brown’s Ann Green gave a great presentation today on measuring sponsorship’s return on investment. more


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Foster’s tap and glass combination said to deliver beer perfection
BREWER Heineken reckons it’s taken a major step forward in the pursuit of pint perfection.
The John Smith’s and Strongbow owner has developed a new dispense system for its Foster’s brand.
Pourtal works in conjunction with a new branded glass to create a consistently high quality pint, the brewer said.
Staff using the system should initially pour the beer at a 45-degree angle to create as little head as possible, before activating a smaller second nozzle by pushing a button to create the head. Heineken claims consumers who drink Foster’s from the system are twice as likely to drink the lager again.
“Consumer tastes and expectations are becoming more sophisticated and more demanding and we want to meet the opportunity that presents for a leading lager like Foster’s by ensuring that pubs and clubs consistently deliver a great tasting pint,” said Nic Casby, brand manager for Foster’s at Heineken UK.
“Foster’s has been at the forefront of draught dispense technology since the brand pioneered the use of the revolutionary Head Injection Tap (HIT) more than a decade ago and the new Foster’s Pourtal tap takes that technology to a new level, equipping licensees and bar staff to serve our best ever pint – every time.”
The Pourtal system is being introduced this month and will be gradually rolled out throughout the rest of this year and into next.
Heineken is supporting the introduction of the new equipment with a combination of trade and consumer-focused initiatives.
These include staff training programmes and a range of point of sale materials such as posters, bar runners and drip mats.
The introduction of Pourtal marks the latest phase of Heineken’s ongoing campaign to improve the draught delivery of its products.
Last month the company launched a smartphone app for its staff, which allows them to assess product quality in outlets by scoring pints across a range of different criteria.
Heineken’s Glass Act programme has also focused on the use of quality glassware, and the brewer provides a training course for licensees to help them boost their beer sales.
Heineken has not been the only brewer to focus on the quality of its draught product this year.
Rival brewer Molson Coors has been looking to improve the overall standard of its delivery in the trade through the Pint Right programme.


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POINCIANA, FLORIDA, USA, September 10, 2021 /EINPresswire.com/ — The SafeBLAST Team, pioneers of the revolutionary SafeBLAST (BLAST) utility and deflationary token, has announced that the GK College of Business, Art and Technology, a higher education institution in Mandaluyong, Philippines, will accept the token for tuition payments during the 2021-2022 academic year.
An exciting development for the SafeBLAST (BLAST) token, this new use joins many others. BLAST is being used for vending machine transactions, online purchases, and retail store transactions, while deriving added value as a liquidity-generation and autonomous-yield protocol as a deflationary token. With each BLAST transaction, the token’s total supply is reduced, generating a passive reward for all members holding the token on the chain.
“We are excited to see GK College of Business, Art and Technology accept BLAST for tuition payments,” remarked Abe of SafeBLAST (BLAST). “BLAST continues to be recognized as a transactable currency around the world, and we continue to partner with several Blockchain companies and financial institutions to help achieve our goal of making the token a globally recognized one,” he added.
BLAST works by taking a 10 perfect fee on every transaction, and dividing it into two parts – REWARDS and LIQUDITY. The 5 percent in REWARDS is distributed to every wallet that holds SafeBlast on a percentage basis, and the other 5 percent in LIQUDITY is deposited back into a liquidity pool.
BLAST is currently listed on ProBit, DigiFinex, HotBit, PancakeSwap, and other reputable cryptocurrency exchanges. After its launch on May 21, 2021, BLAST transactions quickly boomed as holders recognized it as the token of the future. As the project enters phase two, the possibilities prove endless as the SafeBLAST Team continues the development of a BLAST Wallet and VISA and Mastercard integration.


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Qatar Airways Cargo currently operates freighters to London’s Stansted Airport and also transports cargo on passenger flights to and from Birmingham, Edinburgh, London Heathrow and Manchester. With the new freighter service, the carrier’s total cargo capacity out of the UK increases to more than 1,500 tonnes each week. The new freighter service departs weekly from Doha on Saturdays and returns via Basel.
Ulrich Ogiermann, Qatar Airways chief officer, cargo, said: “The commencement of the freighter services to London Heathrow marks our sixth new freighter destination for 2017 and boosts our current belly hold capacity available on 72 passenger flights to the UK every week.”
The cargo carrier offers air freight services to the principal industries in the UK, including electronics and telecoms, vehicles and auto parts, engineering, information technology, pharmaceuticals, biotech and health, and perishables, providing speed of delivery, flexibility and security for high-value products. Customers globally will benefit from more capacity to transport their cargo to London.


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CONCORD, N.C. – The Hendrick Motorsports teams, cars, and haulers are in the midst of a cross-country road trip better known as the West Coast swing.
This three-week tour on the opposite coast requires a lot of travel for everyone involved. Just getting the cars and equipment to the tracks takes a lot of planning, but Hendrick Motorsports is up to the challenge.
“For the crew guys it’s tough” said Jimmie Johnson, driver of the No. 48 Lowe’s ProServices Chevrolet SS. “Daytona takes so much out of the team to get ready for, and then not long after, we’re basically going to have the three races where the cars and parts and pieces and engines are all packaged up and heading west.”
For more on the logistics of sending four race teams across the country for the West Coast swing, take a look at the video above.


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Sports Events: Online Ticket Resales New Rules
By Prof Dr Ian Blackshaw
The English Premier League New Season has kicked off with spectators once more present in the stadia, and with it has also come a call for new rules on online tickets resales for sporting events.
The UK Competition and Markets Authority (CMA) has called for the tightening up of the rules on the resale of tickets for sporting and other events in a move against ticket touts and resellers who speculatively sell tickets that they do not own.
It was reported that tickets for the recent Euro 2020 final at Wembley Stadium were being resold by ticket touts for up to £35,000 each!
The CMA propose to make the following changes to the existing law:
- A ban on platforms allowing resellers to sell more tickets for an event that they can legally buy from the primary market.
- To ensure that platforms are fully responsible for incorrect information about tickets that are listed on their websites.
- A new licensing system for secondary tickets sites that would enable an authority to take down websites, withdraw the right of a business to operate in this sector and to impose substantial fines for breaches of the rules.
Currently bulk buying of tickets by professional resellers of tickets who then sell them at inflated prices is illegal, but swift and effective action by the authorities is not presently possible.
Latest estimates show that tickets sold in 2019 through secondary platforms was around £350 million.
The proposed changes would provide additional legal protection to punters who are keen to return to live sporting and other events following the Pandemic lockdown.
Prof Dr Ian Blackshaw may be contacted by e-mail at ‘


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Apple’s ‘Everyone Can Code’ Initiative Expanded to 70 European Colleges & Universities
Apple has announced that seventy colleges and universities across 16 countries Europe are now using their Everyone Can Code initiative.
According to a new press release from the company, the initiative, which teaches the basics of Swift programming, will be available in institutions in France, the United Kingdom, Germany, Italy, Spain, the Netherlands, Sweden, Denmark, Norway, Austria, Belgium, the Czech Republic, Ireland, Luxembourg, Poland, and Portugal.
This program, designed by educators and engineers from the Cupertino company, will be given to the 3000 students at Harlow College in the UK as well as to students at the Technical University of Munich, where attendees will learn how to use Swift and ARKit and will work with the support of large companies such as BMW and Siemens.
“At Harlow College, we recognize that learning to code will help students prepare for a technological future. It develops their approach to problem solving, logic and reasoning, as well as reinforcing key mathematical skills,” said Karen Spencer, Principal of Harlow College. “Everyone Can Code demonstrates how any student can code by providing a unique and innovative environment for learning.”
Swift is the powerful and intuitive Apple programming language that gives developers the freedom and features they need to create a new generation of cutting edge software. Some of the most popular apps, like Airbnb, KAYAK, TripAdvisor, Venmo, and Yelp, have been created with Swift. Recall that Swift is open source, meaning that students will be able to use the skills acquired in Swift to find work, regardless of the platform, industry, or type of software.
“Coding is an essential skill for today’s workforce, and through Everyone Can Code, we’re giving people around the world the power to learn, write and teach coding,” said Tim Cook, Apple’s CEO. “Since launching Everyone Can Code, we’ve seen growing excitement for the initiative from schools around the world, who are increasingly incorporating the curriculum into their classrooms.”
Students in the program study for a year and the course has been designed by both educators and Apple engineers to teach app design and coding to students. You can find out more details about Apple’s latest learn to code initiative over at their website.


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Welcome to the first edition of the EV Universe Electric Newsletter, your go-to source for all things electric vehicles!
In each edition, we take a closer look at the exciting developments in the EV world and dive into the latest news and trends shaping the industry. From the latest makes and models to advancements in electrification, to innovative accessories and technologies, we’ve got you covered.
Join us on this journey. Let’s explore the future of sustainable transportation and its electrifying impact on our world. In this edition, we are covering Redwood Materials battery production, Hyundai Evolve+, and Toyota’s next-gen EV lineup.
“Redwood Materials Receives $2 Billion Loan to Revolutionize Domestic Battery Production for Electric Vehicles”
- Redwood Materials received a $2 billion loan from the Department of Energy to produce enough battery materials to produce more than one million electric vehicles annually.
- The loan will help Redwood to become the first in the United States to produce ultra-thin battery-grade materials from both virgin and recycled sources, with a production target of 100 gigawatt hours per year.
- The federal electric vehicle tax credit mandated by President Joe Biden’s Inflation Mitigation Act requires a robust domestic battery minerals supply chain. To qualify for the tax credit, at least 40% of the minerals in electric vehicle batteries must come from the United States or a US free trade agreement partner. This requirement will increase to 80% by 2027.
- Redwood manufactures critical battery components such as anodes and cathodes, which account for about 80% of the material cost of lithium-ion batteries, to prevent the loss of more than $150 billion in economic value by 2030.
- JB Straubel, Founder and CEO of Redwood, has a background at Tesla and has insight into the challenges facing the entire EV industry as it expands, especially related to the battery materials supply chain. He believes domestic production of these components will become a bottleneck for the industry.
“Hyundai Introduces Evolve+: A New Flexible and Affordable EV Subscription Service with Customized Digital Experience and Dealer Partnership”
- Hyundai Motor America and Hyundai Capital America have launched a new EV subscription service called Evolve+.
- The service aims to provide flexibility and affordability to customers who want to drive a Hyundai electric vehicle without purchasing or long-term leasing.
- Evolve+ is a monthly subscription that covers 1,000 miles, insurance, maintenance, registration and roadside assistance, starting at $699-$899 per month.
- Subscription services provide customers with a unique digital purchasing experience via custom apps and a hassle-free delivery experience at retailers.
- By partnering with dealers, Evolve+ customers benefit from working with a local company responsible for vehicle condition and maintenance.
“Toyota to Launch Next-Generation Electric Vehicles in 2026: A Shift towards a Greener Future”
- Toyota will develop next-generation electric vehicles in 2026.
- New electric vehicles will be based on the Lexus brand initially, with others to follow.
- Toyota has been seen as reluctant to move to all-electric vehicles but has stepped up its efforts in recent years.
- The company’s goal is to sell 3.5 million electric vehicles by 2030.
- The new EV effort will be led by the incoming president, Koji Sato, who is currently the head of Lexus brand operations.


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Ride, a premiere ride hailing startup in Ethiopia is adding a security system to participating vehicles.
This announcement comes at backdrop of some complaints of robberies and life-threatening risks against the drivers despite the fact using online taxi hailing platforms are considered to be safer than traditional taxis.
Duka provided by Horizon express is a GPS tracking system, designed for car and motorcycle surveillance, to enhance driver safety, fleet management and anti-theft security. Duka includes features like Geofencing as well us Real time tracking and alerts.
The partnership announced by Ride and Horizon express allows vehicles who are in Ride platform to get Duka at 40% discounted price.
Lefayda Micro-Finance another partner of this initiative will provide loan for owners of the vehicles to finance the security system.
According to the press release, there will be a hardware called ‘Duka Ride Panic’ to be installed in dashboard of Car, an app called ‘Ride Panic” to be installed in driver phone and another device to be put inside the car that controls the activity of the car.
In the case of emergency, a driver can hit the ‘Duka Ride Panic’ or report using the Ride Panic App and the ‘Ride Operation Center’ will get the report in real time. Immediately, other Ride Vehicles around the area will be dispatched to vehicle that called the emergency, the data will be dispatched to Police and the car will in be in alert hence will continue to make sounds until it goes to repair shop and fixed.
Samrawit, CEO of Ride said the system and the GPS tracker can easily either be connected or disconnected from any vehicle with the knowledge of the owner.
But if somebody, without the knowledge of the owner, tries to detach it, the system will not allow the engine to work, she said.
“That will help the police to track the car easily,” Samrawit added.
We are working on ” 2019 Investment and funding report for Startups in Ethiopia” and we think you would like it.
We have been collecting data over the year but we don’t think we have it all. So if you are a startup ( tech or non tech) from Ethiopia and raised any funding (equity or non-equity), please fill your details here. We would love to include you in the report.
Join us on Telegram to get more frequent updates.


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BRAZIL HAS BUCKED an unfortunate trend amongst regulators and is allowing fair use of copyrighted material, so long as it is not a copyright violation.
Brazil is one of many countries that has to implement rules on the use of digital rights management (DRM) technology. However, perhaps unusually, it has chosen to implement DRM rules in favour of both sides of the equation.
According to reports, and a Google translate version of some Brazillian documents, the law can come down on anyone that commits a copyright crime, such as illegally breaking copyright protection and sharing media, and any firm that uses unfair copyright protection.
The law change was discussed on Micheal Geist's blog at the end of last week, where Geist, who is a Canadian law professor, said that it "Establishes equivalent penalties for hindering or preventing the users from exercising their fair dealing rights. In other words, the Brazilian proposals recognise what the Supreme Court of Canada stated several years ago - over-protection is just as harmful as under-protection."
So, Plan A is that we all move to Brazil. But if that fails and some other things happen, we might consider Canada instead. µ
For all the firm's hits there have been plenty of misses
Oracle founder has almost literally all the money in the world. But what does he spend it on?
Built-in cigarette lighter? Yes please
Kaspersky warns against charging via PCs, Macs and public charging stations


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Bitcoin’s popularity has undeniably been its number one advantage over the numerous other cryptocurrencies. By gaining a large number of adopters and users, Bitcoin has achieved a network effect that attracts even more users. Users who would otherwise be more apprehensive investing in a relatively unknown and unproven digital currency are reassured by Bitcoin’s performance over time, its growing community, and the fact that people they know are adopting cryptos.
Bitcoin is a digital asset designed to work in peer-to-peer transactions as a currency. Bitcoins have three qualities useful in a currency, according to The Economist in January 2015: they are "hard to earn, limited in supply and easy to verify". However, as of 2015 bitcoin functions more as a payment processor than as a currency.
As the first cryptocurrency, Bitcoin’s long price history should come as no surprise. Bitcoin was created in 2009 by Satoshi Nakamoto, an alias for a person or group who has still not been revealed. Over the years, it has hit many highs and lows, To better understand the past of this cryptocurrency, as well as its potential in the future, take a deeper delve into its history.
On 18 March 2013, the Financial Crimes Enforcement Network (or FinCEN), a bureau of the United States Department of the Treasury, issued a report regarding centralized and decentralized "virtual currencies" and their legal status within "money services business" (MSB) and Bank Secrecy Act regulations. It classified digital currencies and other digital payment systems such as bitcoin as "virtual currencies" because they are not legal tender under any sovereign jurisdiction. FinCEN cleared American users of bitcoin of legal obligations by saying, "A user of virtual currency is not an MSB under FinCEN's regulations and therefore is not subject to MSB registration, reporting, and recordkeeping regulations." However, it held that American entities who generate "virtual currency" such as bitcoins are money transmitters or MSBs if they sell their generated currency for national currency: "...a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter." This specifically extends to "miners" of the bitcoin currency who may have to register as MSBs and abide by the legal requirements of being a money transmitter if they sell their generated bitcoins for national currency and are within the United States. Since FinCEN issued this guidance, dozens of virtual currency exchangers and administrators have registered with FinCEN, and FinCEN is receiving an increasing number of suspicious activity reports (SARs) from these entities.
Recall that unique addresses are a proxy for the number of users, because they indicate how many non-zero Bitcoin addresses are in use. This metric has its strengths and weaknesses, which I wrote about here. Also, I have reviewed several other pricing methods which attempt to do the same thing using Metcalfe's Law. You can find those here and here.
17-20 November 2017 $7,600-8,100 Briefly topped at USD $8004.59/BTC at 01:14:11 UTC before retreating from highs. At 05:35 UTC on 20 November 2017 it stood at USD$7,988.23/BTC according to CoinDesk. This surge in bitcoin may be related to developments in the 2017 Zimbabwean coup d'état. The market reaction in one bitcoin exchange is alarming as 1 BTC topped nearly US$13,500, just shy of 2 times the value of the International market.
The price of bitcoins has gone through cycles of appreciation and depreciation referred to by some as bubbles and busts. In 2011, the value of one bitcoin rapidly rose from about US$0.30 to US$32 before returning to US$2. In the latter half of 2012 and during the 2012–13 Cypriot financial crisis, the bitcoin price began to rise, reaching a high of US$266 on 10 April 2013, before crashing to around US$50. On 29 November 2013, the cost of one bitcoin rose to a peak of US$1,242. In 2014, the price fell sharply, and as of April remained depressed at little more than half 2013 prices. As of August 2014 it was under US$600. During their time as bitcoin developers, Gavin Andresen and Mike Hearn warned that bubbles may occur.
In the early days, Nakamoto is estimated to have mined 1 million bitcoins. Before disappearing from any involvement in bitcoin, Nakamoto in a sense handed over the reins to developer Gavin Andresen, who then became the bitcoin lead developer at the Bitcoin Foundation, the 'anarchic' bitcoin community's closest thing to an official public face.
Our second assumption is that the supply of bitcoin will approach 21 million as specified in the current protocol. To give some context, the current supply of bitcoin is around 17 million, the rate at which bitcoin is released decreases by half roughly every four years, and the supply should get past 19 million in the year 2022. The key part of this assumption is that the protocol will not be changed. Note that changing the protocol would require the concurrence of a majority of the computing power engaged in bitcoin mining. (Related: How Does Bitcoin Mining Work?)
Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret, and only used to authorize Bitcoin transmissions.
"Satoshi Nakamoto" is presumed to be a pseudonym for the person or people who designed the original bitcoin protocol in 2008 and launched the network in 2009. Nakamoto was responsible for creating the majority of the official bitcoin software and was active in making modifications and posting technical information on the bitcoin forum. There has been much speculation as to the identity of Satoshi Nakamoto with suspects including Dai, Szabo, and Finney – and accompanying denials. The possibility that Satoshi Nakamoto was a computer collective in the European financial sector has also been discussed.
With the Bitcoin price so volatile everyone is curious. Bitcoin, the category creator of blockchain technology, is the World Wide Ledger yet extremely complicated and no one definition fully encapsulates it. By analogy it is like being able to send a gold coin via email. It is a consensus network that enables a new payment system and a completely digital money.
Bitcoin is the first cryptocurrency, a concept that was discussed in the late 90s. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list. The concept was presented by a person or group known as Satoshi Nakamoto. The real identity of Nakamoto has been a mystery since that time, with various theories on who the individual or group may be.
Google Trends structures the chart to represent a relative search interest to the highest points in the chart. A value of 100 is the peak popularity for the term “Bitcoin” and a value of 50 means it was half as popular at that time. A score of 0 indicates that the term was less than 1% as popular as the peak. It’s amazing how the searches relating to Bitcoin have spiked in the past few years.
That crash was made up for by a rally in October and November of that year. By early October, Bitcoin was at about $100, and it hit $195 by the end of the month. In November alone, Bitcoin had an unbelievable rally, going from $200 to more than $1,120. The causes of this rally were fairly obvious to most people, as more miners and exchanges were supporting Bitcoin. In addition, China had entered the marketplace.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a longterm track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
The Bank for International Settlements summarized several criticisms of bitcoin in Chapter V of their 2018 annual report. The criticisms include the lack of stability in bitcoin's price, the high energy consumption, high and variable transactions costs, the poor security and fraud at cryptocurrency exchanges, vulnerability to debasement (from forking), and the influence of miners.
It's impossible to say how much bitcoin has increased in price single its earliest incarnation, because its value back then was in the fractions of cents. A conservative estimate, based on bitcoin's current price being around $6,300 per coin, and its early price being less than $0.01, would see bitcoin's value increasing more than 1 million fold in the last decade.
Bitcoin continued to decline during early 2018, before eventually stabilizing at around $7,000 per coin. It has remained in the $6,000 to $7,000 range since June, and the volatility that characterised the market in 2017 and early 2018 has all but evaporated. On its 10-year anniversary, bitcoin is trading at $6,305 per coin, according to Markets Insider.
The bitcoin-ml mailing list is a good venue for making proposals for changes that require coordination across development teams. Workgroups have been set up to assist developers to coordinate and seek peer-review. For those wishing to implement changes to the Bitcoin Cash protocol, it is recommended to seek early peer-review and engage collaboratively with other developers through the workgroups.
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Another interesting way (literally) to earn bitcoins is by lending them out, and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoin's blockchain can be loaded with arbitrary data. In 2018 researchers from RWTH Aachen University and Goethe University identified 1,600 files added to the blockchain, 59 of which included links to unlawful images of child exploitation, politically sensitive content, or privacy violations. "Our analysis shows that certain content, eg, illegal pornography, can render the mere possession of a blockchain illegal."
In 2013 and 2014, the European Banking Authority and the Financial Industry Regulatory Authority (FINRA), a United States self-regulatory organization, warned that investing in bitcoins carries significant risks. Forbes named bitcoin the best investment of 2013. In 2014, Bloomberg named bitcoin one of its worst investments of the year. In 2015, bitcoin topped Bloomberg's currency tables.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
As bitcoin has matured as a cryptocurrency there has been more companies warming to the idea of using various bitcoin exchange facilities to gain exposure to the volatile bitcoin price while a few websites such as reddit WordPress and overstock have begun accepting bitcoins, most major retailers have yet to take the plunge into the cryptoverse whils other pioneers have decided to create their own bitcoin forks and have listed new projects on other cryptocurrency exchanges.
Bitcoin’s first mover advantage, popularity, and network effect has cemented it as the most popular cryptocurrency with the largest market cap. Rivals like Litecoin may have numerous technical advantages over Bitcoin’s algorithm (see more about that here), but they only hold a fraction of Bitcoin’s market cap and their dwindling communities largely consist of loyalists, speculators, and antagonistic anti-Bitcoin buyers.
In December 2013, Overstock.com announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins. After the announcement, the value of bitcoins dropped, and Baidu no longer accepted bitcoins for certain services. Buying real-world goods with any virtual currency had been illegal in China since at least 2009.
Bloomberg reported that the largest 17 crypto merchant-processing services handled $69 million in June 2018, down from $411 million in September 2017. Bitcoin is "not actually usable" for retail transactions because of high costs and the inability to process chargebacks, according to Nicholas Weaver, a researcher quoted by Bloomberg. High price volatility and transaction fees make paying for small retail purchases with bitcoin impractical, according to economist Kim Grauer. However, bitcoin continues to be used for large-item purchases on sites such as Overstock.com, and for cross-border payments to freelancers and other vendors.
Bitcoin can even be purchased as a long-term investment through a Bitcoin IRA. A Bitcoin IRA can provide the same profit potential and investment opportunity as a regular Bitcoin purchase, but it can do so with the added benefits of an IRA account. Some of the primary benefits of purchasing Bitcoin in an IRA include tax-deferred growth and a possible tax deduction. For more information on Bitcoin IRA accounts, visit cyrptoira.com.


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Android Tablets going to have Google Chrome as their browser
Recently, its been in news that Google is trying to launch a Google Chrome version for Android tablets. We know, Google Chrome which is the rival of Microsoft Internet Explorer and always faces tough competition for its rivals, is also very popular among the internet users. Infact, most of us prefer using Chrome , instead of other browsers like Mozilla, IE, or Netscape. Many times , we must have experienced that our firefox crashes. But chances in case of Chrome have been witnessed less.
Well, many of us must be using Android tablets. Google is planning to replace the built-in Android browser. A new version of Chrome has been released for Android beta. It is said that this new version of Chrome is a full port of the Chrome browser for the desktop operating systems.
As we use the Google chrome in our desktop , laptops , this version of Chrome which is for the Android Tabs is also capable of rendering rich website content with very few compromises . It is claimed that this browser in Android tabs would also be extremely fast. Chrome for Android is currently limited to certain devices only. That is the devices which can run the Ice Cream Sandwich (4.0.x) version of the mobile OS will be able to use Chrome as their default browser. Now, Considering this feature , it seems that handsets such as the Galaxy Nexus will be able to upgrade to this new software. Android tablets such as the Motorola XOOM and the Asus Transformer Prime have been recently upgraded to the new version of Chrome.
So, friends , now internet browsing in Android Tablets is going to be extremely fast as the new version of Chrome is here to serve its customers!!! 🙂


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Santa Clara, California, Nov. 20 (Korea Bizwire) — Ondot Systems, the leading provider of Digital Card Services and Customer Empowerment Solutions, today announced that it was named by Deloitte’s Technology Fast 500TM as the fastest growing Silicon Valley FinTech company, and one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
A recent report “Accelerating Digital Transformation in Banking” published by Deloitte on results of a survey of 17,100 consumers across 17 countries concluded that leading technology companies have become the gold standard for digital engagement, thus driving a stronger emotional connection for consumers with these brands over their primary banks. If banks want to keep up, they must engineer their digital experience to make these emotional connections, which, ultimately, could translate into sticky interactions and more profitable customers.
“As Ondot has matured from a startup to an established leading provider of financial technology solutions for over 4000 banks and card issuers worldwide, our solutions have redefined customer engagement from acquisition to retention to growth”, said Vaduvur Bharghavan, Chief Executive Officer of Ondot Systems. “We co-created digital card solutions with incumbent Financial Institutions such as instant digital issuance, push provisioning into eWallets, disposable digital cards, consumer card controls, instant two-way notifications with contextual conversations, location intelligence, and real time analytics with merchant data enrichment – essentially providing a one stop shop to help banks innovate and drive true transformation and differentiation in the marketplace.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
About Deloitte’s 2018 Technology Fast 500TM
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies—both public and private—in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
About Ondot Systems
Ondot Systems is the global leader in powering mobile payment services, serving over 4,000 financial institutions across four continents. The company’s real-time platform gives financial institutions a competitive edge by increasing engagement and empowering their customers to personalize, manage and control how payments are made in today’s world of always-on digital commerce. To learn how Ondot is shaping the future of payments, visit www.ondotsystems.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Source: Ondot Systems via GLOBE NEWSWIRE


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, a suburban-zombie tower-defense title from Candygun Games, is hitting XBLA July 6, according to publisher Digital Reality. We first saw this date reported over the weekend at XBLA Fans
; the only problem is, Xbox Live's Major Nelson told us, "It's not on the list that I have." Remember, kids, Xbox Live Marketplace release dates are never official until Microsoft releases them!
... but we're not sure about PlayStation Network, which Digital Reality says is scheduled to get its dose of Dead Block
on July 20. Regardless of release dates, the cute-yet-crude take on the undead genre will be marked at 800 Microsoft Points on Xbox 360 and the equivalent $10 on PSN.
If you're still curious about the game, we've got a trailer for you after the break, but here's the meat
of it: Zombies are created from the hip vibrations of mid-century rock 'n' roll and are slaughtered by Jack the construction worker, Foxy the traffic warden or Mike, the fat boy scout from Up


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Holiday season kicks off in Myrtle Beach with special discounts alongside festive events
MYRTLE BEACH, S.C., Nov. 14, 2018 --To usher in the holiday season, more than 30 Myrtle Beach area properties are offering deep discounts for Black Friday and Cyber Monday – including some with discounts of more than 50 percent for winter getaways and spring and summer 2019. These deals also include savings on various dining and attractions throughout Myrtle Beach."We know people use Black Friday and Cyber Monday as a time to check off items on their holiday shopping lists, but we wanted to offer them the chance to check off items on their bucket list as well," said Karen Riordan, president and CEO of Visit Myrtle Beach. "If a visit to Myrtle Beach is on your list for 2019, now is the time to book so you can take advantage of these incredible deals."
New discounts will be revealed throughout Cyber Weekend starting Friday, November 23 through Monday, November 26 at www.visitmyrtlebeach.com/blackfriday. These deals ultimately ring in the holiday season in Myrtle Beach, which offers the perfect mix of Southern hospitality and holiday cheer. Whether travelers are looking to escape the snow or simply find new traditions this holiday season, Myrtle Beach has something for everyone, including:
- Nights of a Thousand Candles at Brookgreen Gardens, a Grand Strand tradition that illuminates the gardens with more than 4,500 hand-lit candles and countless sparkling lights. Guests can stroll the lighted paths with a warm cup of cider in hand while they enjoy the seasonal sounds of hand bells ringing and carolers singing their favorite holiday classics. The 85-foot-tall fir tree decorated with 100,000 lights will be lighted in ceremonial fashion at 5:45 p.m. every night, December 6-9, 13-16, and 20-22, 2018.
- The Intracoastal Christmas Regatta, an annual maritime parade of colorfully decorated and illuminated boats begins at the Little River Inlet and travels south, arriving at Dock Holidays Marina. Guests can watch the November 25th parade as it passes several viewing areas along the waterway.
- Ripley's Festival of Trees, a family tradition featuring more than 100 uniquely decorated Christmas trees. Guests can spend the day exploring the aquarium decorated in its holiday finest as well as meeting and learning more about new friends from the deep sea. This year's event takes place November 9 through December 31st.
- Each of the Myrtle Beach area theaters produce grand holiday extravaganzas, including:
- Alabama Theatre's award-winning holiday musical, The South's Grandest Christmas Show, which brings an incredible combination of talent, scenery and special effects to put guests in the holiday spirit.
- James Stephens III, Man of a Thousand Voices, performs his one-man comedy and music show at Asher Theatre with holiday classics like "The Christmas Song" as Nat King Coleand "The First Noel" as Elvis.
- The Carolina Opry transforms into a winter wonderland where the magic of the season is alive in a dazzling musical celebration. Known as "The Christmas Show of the South", this Christmas Special is the first Christmas show in Myrtle Beach.
- The GTS Theatre celebrates the holidays in two unique ways. Guests can enjoy an evening of beloved holiday musical classics with the Motor City Musical – Motown Christmas Tribute or delight in a holiday variety show with a twist featuring a mixture of comedy and holiday music with the Christmas in Dixie show.
- Pirates Voyage Dinner & Show retells the Charles Dickens' classic "A Christmas Carol" with a swashbuckling spin. The crew celebrates all the things that make the holidays special as Captain Scrooge journeys through space and time to find the meaning of Christmas.
For more information on Black Friday and Cyber Monday deals or holiday events, visit www.VisitMyrtleBeach.com.
Click here or on the image below to download the image.
About Myrtle Beach, S.C.
Stretching from Little River to Pawleys Island and comprising 14 distinct communities, the Myrtle Beach area is home to 60 miles of sandy beaches, an assortment of entertainment and family attractions and world-class golf. Popularly known as the Grand Strand, the Myrtle Beach area presents the quintessential vacation experience peppered with plenty of Southern hospitality. For additional information on the Myrtle Beach area, visit www.visitmyrtlebeach.com or call (888) Myrtle-1.
|SOURCE Visit Myrtle Beach|


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Exciting changes and upgrades at the Ravenhill Dining Hall this fall include a convenience store and a new student center.
The new convenience store, loaded with practical items and food options, opened for the start of the fall semester on the first level, across from the food serving area. We need your help to name it.
Email submissions to PR@PhilaU.edu by Friday, Sept. 26 using subject line: Ravenhill Convenience Store. Please include your name, year and major with your submission. Top entries will be put to a vote on Facebook. The finalist whose proposed convenience store name wins the most likes on Facebook will receive a $100 Visa gift card.
Ravenhill Dining Hall will see more completed renovations before the fall 2014 semester ends. Construction is currently underway for a new student center that will be located on the ground floor of Ravenhill Dining Hall, which is scheduled to open in December. There will be a circular stairway leading from the first level down to the new student center, which will include:
• pool and Ping-Pong tables
• lounge space
• study space
• collaborative project space


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Confidia AG has announced that they have acquired HowToPay. The purchase took place on 1st December 2019. HowToPay will operate as part of Confidia and be able to offer far greater payment and money transfer solutions as a European Regulated Financial Services Provider.
HowToPay.com is now able to offer local check payments as well as new solutions such as the recently launched cashless payment app as an additional option for clients. Our small-scale tests for these options have been very well received and popular amongst clients making payments. Cheque and Money order Payments are still very Popular in Australia, USA and European countries, HowToPay recognizes this and with retain its check payment option to enable business to attain maximum exposure to the post COVID marketplace.
HowToPay Asia Pacific operations will continue as normal and will soon be expanded, adding to its strong presence in Australia and Thailand.
A new representative office recently opened in the USA soon to be followed by branches opening in 20 other countries allowing for us to have local presence and accept local payments as well as over 50 other local payment options all around the world. Our Development team are working on integrations to other European Banks and service providers in order to offer a new wide range of payment solutions that are local market centric.
For more information on Confida AG, please visit See www.confidia.ch


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As for the immediate future, Mr. Hagerty said, “the real question is what happens this fall.” He foresees the probable temporary shift of some auctions to online and to smaller settings, perhaps in less populated areas and with audiences limited to registered bidders and sellers. In fact, early this month, the Petersen Automotive Museum in Los Angeles announced it would produce a “Virtual Car Week” in August to “maintain the global enthusiasm for Monterey Car Week in spite of Concours and event cancellations.”
Some traditional land-based auction houses have already tested those waters. Shortly after the Amelia Island event, RM Sotheby’s shifted its scheduled auction in Palm Beach, Fla., to online. In place of a printed catalog, the firm posted detailed descriptions and high-resolution images to the internet. Rather than crossing the block every few minutes, cars were available for bidding from March 25 to 28.
Despite the hasty changeover, the auctioneer racked up a respectable $13.5 million in sales, with nearly a dozen cars topping six figures and two-thirds of them selling through. Compared to Hagerty Price Guide values published in January, the median discount was only 2 percent.
“We’re not seeing any fire sales,” said Michael Caimano, a senior motorcar sales specialist for the international auction house Bonhams. “We still have clients with wants, needs and interests.” Though the firm canceled its regularly scheduled Car Week auction in Carmel — typically the largest on its yearly calendar — it plans to stage an online auction on Aug. 14. The sale will take place over a single day with a live auctioneer in Los Angeles gaveling down the cars, displayed on video, in real time.
“Any market has ups and downs,” said Mr. Caimano, noting his firm’s strong showing at Amelia Island, where it sold some $22 million in cars, including an ultrarare Type 55 Bugatti, once owned by the Rothschild family, which fetched $7.1 million.
Mr. Hagerty said, “This isn’t a goodbye,” expressing the feelings of most who put off Car Week participation until 2021. “It’s a see-you-next-year.”


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Although it may feel like Cryptocurrency is stealing headlines and dominating global stock
market news and blogs, less than 1% of the world’s population owns crypto or even have a crypto
wallet. Most people in fact barely understand the underlying Blockchain technology that
cryptocurrencies are built on.
A lot of newcomer investors think that by searching for the ‘next cryptocurrency to explode in
2022’, they can be a part of a get rich quick scheme. Those ‘investors’ soon find themselves
very susceptible to the pitfalls of crypto trading.
Dogecoin (DOGE), the original meme coin was created as a lighthearted alternative to traditional
cryptocurrencies like Bitcoin in 2013. This crypto-token gained mainstream popularity after
Tesla owner and cryptocurrency influencer Elon Musk called it his favourite cryptocurrency on
Dogecoin found itself as a major player in the 2021 crypto market. The Dogecoin price, its rise
and fall, its Elon Musk social media backing, and just general speculation were a frenzy. It
took the crypto market by storm. It reached the top 10 cryptos by market cap, no mean feat at a
valuation near $40 billion, and brought with it a wave of new investors. The crypto exchanges
were seeing volumes hundreds of times larger than usual daily trading would yield.
It inevitably fell in price and its own hype turned out to be its downfall once its bubble burst.
Further investigation showed that just five wallets controlled over 40% of the supply. It turned
out that over 65% were controlled by under 100 wallets around the world. To quote Akand Sitra
who runs cryptocurrency risk management platform TRM Labs, “The scam is simple – hold on to
Dogecoin till there is enough traction after it multiplies, dumps all coins and cashes out”.
The beauty of the Dogecoin scandal? Well, first of all, its undoing was the technology it was
built upon. A digital ledger that cannot lie. Anybody at all could visit several available
websites showing every single transaction since its beginning. It showed exactly how many
wallets held how many coins and what they were worth, tracing all the way back to the start.
The Blockchain cannot be altered once the data has been entered. Secondly, there was a very
noticeable change in the way businesses viewed cryptocurrency. Many businesses promised ways to
accept crypto payments, including Dogecoin, with some businesses even creating their own coin or
token. We are very possibly witnessing the early adoption and acceptance of mass cryptocurrency
use and most importantly, the use of Blockchain technology in everyday life.
Blockchain Technology in The Food Industry
The first steps have been taken by companies like Walmart to use Blockchain technology in the
food industry. Its unalterable ledger and shared data mean that food sources can be traced, food
tampering will be deterred, mass contaminated items can easily be recalled, and wastage can be
minimised. Walmart has fully digitised their supply chain and has been able to drastically
reduce the time it takes to track the source of contaminated foods.
The Walmart suppliers now upload all their data onto a Blockchain that tracks the produce
straight to its farm of origin. Although it is still relatively early, we can adopt a bit of a
different approach to cryptocurrency than what perhaps the approach was towards Dogecoin. Rather
than searching for “The best cryptocurrency to invest in”, we should perhaps be searching for
‘how can we use cryptocurrency to our advantage?’.
Finance companies, such as PayEat which are heavily involved in the food industry, are building
the foundations for the future. PayEat plan to adopt a multitude of cryptocurrencies including
Dogecoin. However, in the same mindset as the Walmart engineers who are pioneering Blockchain
Technology in the Food Industry, PayEat is continually looking to use the latest cutting-edge
technology for the betterment of the industry and researching how this can be applied.


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Christa Michalaros as new President of DKNY Jeans
Donna Karan International (DKI) announced that it will reclaim the license for the DKNY Jeans and DKNY Active businesses from Liz Claiborne Inc. in the U.S., Canada and Mexico effective January 3, 2012, one year ahead of the scheduled end of the agreement.
Mark Weber, chief executive officer of LVMH Inc. in North America and chairman and CEO of DKI said, “The Jeans business is strategically important to the DKI Group and will remain a major component of our ready-to-wear structure. While many men wear suits and many women wear dresses, everyone wears jeans.
Accordingly, we see this business as critical to our strategic direction and vision – offering us the ability to establish close connections with large segments of customers across extensive department store distribution networks. We are thrilled that this opportunity presented itself.”
DKI also announced that Christa Michalaros, currently group president of Perry Ellis International Womenswear responsible for the Rafaella, C&C and Laundry lines, will join DKI to become president of DKNY Jeans. Ms. Michalaros will assume her new position on November 7, 2011, reporting to Mr. Weber.
“I am especially pleased to welcome Christa Michalaros, whose leadership and talent will help us build DKNY Jeans into our third strong in-house brand. With both the Donna Karan New York and DKNY businesses performing very well, and a strong infrastructure underpinning our operations, we are well positioned to capitalize on the full potential of DKNY Jeans, working closely with our valued store partners,” Mr. Weber said.
Ms. Michalaros said, “The DKNY Jeans business has tremendous potential. I look forward to working with Mark and the team at DKI, as well as the talented design and operations staffs who will be joining DKI from Liz Claiborne, to help this business reach new levels of growth, with a modern take on their core brand positioning of delivering the spirit of New York coupled with the DKNY attitude.”
The companies expect a seamless transition of the business. DKNY Jeans and DKNY Active have been under license to Liz Claiborne since 1997. DKI intends to retain the entirety of the DKNY Jeans and Active teams.
DKNY Jeans current season, Holiday 2011, will be the last under the Liz Claiborne Inc. license. Liz Claiborne Inc. will be responsible for finalizing all obligations with its retail partners. Spring and Summer 2012 obligations will be assumed by DKI.
Ms. Michalaros has had a long and successful career in the women's apparel industry. Before assuming her current roles in 2011, she served for five years as Chief Executive Officer and a Director of Rafaella. Ms. Michalaros also served as the president of the Tommy Hilfiger Womenswear division from 1999 to 2005. She began her career at Liz Claiborne in 1981, where she served in many positions of increasing responsibility, including as President of Liz Claiborne Casual.
Donna Karan International is one of the world's leading fashion design houses. It designs, markets and distributes collections of women's apparel, sportswear, accessories and shoes under the Donna Karan New York and DKNY brand names.
The Company has selectively granted licenses for the manufacture and distribution of beauty and beauty related products, jeanswear, menswear and furnishings, hosiery, intimate apparel, coats, children's apparel, watches, eyewear and home. Since November 2001, Donna Karan International is part of LVMH Moet Hennessy Louis Vuitton, the world's leading luxury goods group.
Donna Karan International (DKI)