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HOUSTON --ExxonMobil plans to offer its retailers a new rewards card that will allow customers to accumulate rewards--said to be worth “dollars, not just cents”--by shopping at various national-brand chains, CSP Daily News has learned.
The Houston-based refiner notified marketers of the impending launch of the card, called “FuelCircle,” by letter on Monday. Retailers should expect to start seeing the card at their stores beginning Nov. 1. Marketers will be charged a fee of 10 cents on every transaction, company credit-card officials said.
Just in time for the holiday shopping season, the company has also decided to drop fees charged to marketers when customers buy ExxonMobil gift cards on their credit or debit cards. However, with the cancellation of fees, the company will no longer give retailers a discount on their purchases of gift cards that it introduced in 2011. “Our goal is to achieve 100% penetration of ExxonMobil gift card availability in our branded locations,” said Chris R. Mahoney, U.S. branded wholesale manager.
ExxonMobil has given marketers no more details on the FuelCircle card to date. Earlier this year, CSP Daily News was the first to report the launch of the concept. (See “Related Content” below.)
The card is the creation of SVM LP, a Des Plaines, Ill.-based gift and prepaid card provider. The company formed a FuelCircle business unit to focus on gasoline rewards and stored-value card management. The plan was to use SVM’s existing relationships with companies like BP, Chevron, ExxonMobil and Sunoco to create a branded nationwide network for the redemption of stored-value fuel rewards.
The program is a "dollars off” model vs. "cents off" because customers can earn larger rewards as they shop at participating retailers. "Fuel-rewards programs typically are funded at less than 1% to 2% of purchase," said John Cullen, general manager for SVM LP. "But shopping in the circle [or coalition] of stores, they could earn $25, $30, $50."
The longer vision was to develop a coalition program involving non-competing retailers, Cullen added.
"As a result of [the oil brands’] support, we will be able to launch our new FuelCircle reward and loyalty division with nearly 40,000 fuel redemption locations in our network," said Marshall Reavis, CEO for SVM.
In March, Cullen said that retailers would pay no upfront costs for the equipment required to accept the FuelCircle card, but there would be a nominal issuance fee. Otherwise, it’s “pay as you go,” with a monthly fee calculated on a per-store basis. It is not clear if those terms will apply to ExxonMobil retailers.


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Su-Kam’s products would be hawked through ‘e-haats’ run by Dhampur Sugar, which is a leading integrated sugar company in India.
E–haats are retail outlets present in over 350 villages in UP & Uttarakhand and is one-stop shop for agricultural equipment, bio-fertilisers, soil testing and other agri services.
E-haats cover Sambhal, Bijnor, Bareilly, Rampur, Bulandshahar, Aligarh, Badaun, Gunnaur and Muzzafarnagar districts in UP.
As per agreement, Su-Kam power products would be displayed in e-haats, including Brainy – the world’s first solar hybrid UPS.
These products would enable customers to install solar system in homes and utilise solar energy generated from the panel to charge battery and reduce grid power consumption.
Su-Kam shall leverage Dhampur’s rural reach to connect with the rural masses in these two states, Su-Kam, general manager, solar network, Dhananjay Sharma said.
“Through this initiative, Su-Kam shall be offering technologically advanced value for money solar products to people, thereby helping them in both generating and saving energy through solar power usage,” he added.
Su-Kam has presence across India and over 70 foreign countries spanning Africa, Middle East Regions, South East Asia and Latin America.
Headquartered in Gurgaon and with 6 modern plants, the company leads the market with product innovation, design and widespread sales distribution network. The company has over 30,000 dealerships in India.
Su-Kam claims credit for filing the highest number of patents in the industry with an average of 2 patents every month.

domain: news


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Recent changes in the way Facebook manages notifications has caused many of the most popular games on the social network to hemorrhage users -- Zynga's FarmVille
alone lost more than 4.4 million monthly players in the past four weeks.
18 of the top 25 social games on Facebook (determined by monthly active users) lost players in April, and 12 of those relinquished at least one million users. MindJolt Games, which serves as a portal for more than a thousand casual titles, suffered the biggest losses as it ended the month with nearly eight million fewer gamers, now sitting at 13.1 million.
The shedding of players can be traced back to Facebook's decision to limit application notifications starting in March in an effort to make interactions with apps "more streamlined, clear, and less spammy for users".
Unfortunately for the developers of the games affected, many titles relied on those notifications for the viral growth of their user bases.
, Zynga's most popular game and Facebook's most popular app, wasn't immune to the loss of players; the farm simulator went from 82.8 million monthly active users in the beginning of April to now 78.4 million gamers, according to a report
from Inside Social Games.
Other big losers this week include RockYou's Birthday Cards
(which seems more like an app than a game, though it's listed in the Games category), which dropped to 34.3 million monthly players after losing 5.6 million; and CrowdStar's Happy Aquarium
, which now has only 19.5 million monthly users after losing 4.2 million.
Digital Chocolate CEO and Electronic Arts founder Trip Hawkins noted last month
that developers will need to find new ways to grow their user bases without notifications: "The formula last year was viral growth through aggressive spam, but that no longer works."
He continued, "The spammy viral spread was also a free marketing department. With no more free ride, growth can only come from an efficient combination of legitimate virality and efficient marketing to help spread the good word."


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Even moderate amounts of ham, bacon and and red meat are linked to bowel cancer, experts have warned.
People who stick to guidelines from Britain’s National Health Service on red and processed meat consumption still increase their risk of bowel cancer by a fifth compared with those who eat very small amounts, a study part-funded by Cancer Research UK found.
The Department of Health said that while meat is a good source of protein, vitamins and minerals, people should cut their intake of red and processed meat to about 70g per day, which is the average daily consumption in the UK.
The World Cancer Research Fund (WCRF) said there is strong evidence that eating processed meat (such as salami, bacon and ham) is a cause of bowel cancer, while eating a lot of red meat (such as beef, lamb or pork) also increases the risk.
For the new study, published in the International Journal of Epidemiology, experts examined data from 475,581 people aged 40 to 69 at the start of the study and followed them for an average of 5.7 years.
During this time, 2609 people developed bowel cancer.
The study found that people consuming an average of 76g per day of red and processed meat had a 20 per cent higher risk of bowel cancer compared with those who ate 21g per day.
For red meat only, the risk was 15 per cent higher for people who ate 54g per day (about one thick slice of roast beef or one lamb chop) on average compared with those who had 8g per day.
For processed meat only, the risk was 19 per cent higher for those who had an average of 29g per day (about one rasher of bacon or a slice of ham) compared with those who had an average of 5g per day.
There was some good news however, with those people having a high intake of fibre from bread and breakfast cereals lowering their risk of bowel cancer by 14 per cent.
Around one in every 15 men and one in every 18 women will develop bowel cancer during their lifetime.
Cancer Research UK’s expert in diet and cancer, Professor Tim Key, who co-authored the study and is deputy director at the University of Oxford’s cancer epidemiology unit, said: “Our results strongly suggest that people who eat red and processed meat four or more times a week have a higher risk of developing bowel cancer than those who eat red and processed meat less than twice a week.
Existing evidence points to an increased bowel cancer risk for every 50g of processed meat a person eats per day, but the new study found that risk increases at just 25g per day.
Dr Julie Sharp, Cancer Research UK’s head of health information, said to lower the chances of developing bowel cancer people could try doing meat-free Mondays, looking for recipes using fresh chicken and fish, or swapping meat for pulses like beans and lentils in meals.
Australian Associated Press


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Update (29/10/2014): Judge Dredd is now also live at www.GdayCasino.com.
In June 2014, NextGen Gaming announced it had secured the rights to produce a Web pokie based on Judge Dredd, the iconic no-nonsense law enforcer from the 2000 AD comic franchise. This week saw the game’s official launch, and it is now up and running at Guts.com – one of our top online slots casinos for Australian gamblers.
Judge Dredd has won a huge cult following since the release of the first 2000 AD comic way back in 1977, spawning numerous video games, RPGs and board games, and live action movies – including the infamous 1995 film starring Sylvester Stallone as the title character. Now we can rejoin Dredd on his bloody quest for law and order and win real cash along the way.
Australian developer NextGen – the Sydney-based branch of the NYX Gaming Group – has done its utmost to capture the vintage essence of the Judge Dredd stories while also keeping things modern and relevant. The result is a vivid and engaging virtual pokie with special features aplenty and a unique graphic quality which reminds one of both the comic book series and the old 8-bit video game on Commodore 64.
The Judge Dredd real money slot game comes with five reels, 25 fixed paylines, and no less than nine coin denominations, which allows us to bet up to $50 per spin. Most intriguing among the gameplay features on offer is the SuperBet option – an additional wager where the more cash we stake, the more wild symbols we can activate.
Scott Smith, SVP of Product Strategy at NYX, said in a press release, “We’re proud to be working with one of the greatest comic characters of all time in bringing a multi-featured, richly branded gaming experience online with Judge Dredd.”
NextGen’s licensing agreement covers not only online pokies branding, but also the portable gaming arena – so keep an ear out for news of the Judge Dredd mobile slot for iOS, Android, and all other major smartphone and tablet systems.


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USA – Monitor engineer and Clair Global account executive Josh Swart credited the performance of Wisycom components for Journey’s 2023 “Freedom” tour.
AVL MEDIA GROUP Invites Customers to Explore The Latest Audio & Lighting Solutions at Infocomm 2023 in Orlando, FL
We are excited to announce that AVL MEDIA GROUP will exhibit at InfoComm 2023 in Orlando, Florida, from June 10-16.
Wharfedale Pro expands to the US market with AVL Media Group distribution deal
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AVL Media Group Unveils Exciting New Products at EXPO-SCÈNE 2023
AVL Media Group, a leading provider of audio, video and lighting pro solutions, has recently unveiled its latest product lineup at Expo-Scène 2023


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MediaCom scoops BSkyB's £15m online media account
By Katherine Levy, campaignlive.co.uk, Thursday, 26 August 2010 09:56AM
BSkyB has selected MediaCom to handle its estimated £15 million media planning and buying account for its online display advertising business.
Diffiniti, the Aegis Media agency, was the previous incumbent on the account but lost the business following a pitch process.
Sky launched a review in April for all its requirements across search, display, social media, affiliates and digital creative work in the UK.
MediaCom’s appointment is part of this ongoing process and Sky is expected to hire a digital creative agency and an agency to handle its search media in due course.
As well as Diffiniti, the media company’s incumbent roster included Brothers and Sisters, AKQA, Soup and Bigmouthmedia.
According to The Nielsen Company, BSkyB spent £8.2 million on digital media, excluding search, during 2009, representing an increase of 17.2 per cent when compared with 2008.
Louise Mullock, the head of online sales and marketing at BSkyB, has been co-ordinating the review.
Sky’s recent advertising activity has pushed its broadband and sports channels range. This week, it launched Sky Sports News in high definition as part of a push to win subscribers.
This article was first published on campaignlive.co.uk
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- PROJECT MANAGER - LONDON - £30-40K + BENEFITS Salt £30000 - £40000 per annum + Benefits, London
- Katharine Viner becomes first female editor-in-chief of Guardian News & Media
- Why Viacom spent £120m extending Channel 5's Big Brother deal for three more years
- Tesco media review pits Initiative against MediaCom and ZenithOptimedia
- Comparethemarket.com offers two for one cinema tickets with Meerkat Movies
- Google's European leader says viewing habits are 'changing dramatically'
- 7 things Proximity has learned in the new Omnicom building


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Engineers at Princeton University have developed a new way to manufacture electronic devices made of plastic that is translucent, malleable and able to conduct electricity.
Engineers have developed a new way to manufacture electronic devices made of plastic that is translucent, malleable and able to conduct electricity. They hope to open the door to broader use of conductive plastics in a wide range of products.
“Conductive polymers have been around for a long time, but processing them to make something useful degrades their ability to conduct electricity,” claims Yueh-Lin Loo, an associate professor of chemical engineering at Princeton University. “We have figured out how to avoid this trade-off. We can shape the plastics into a useful form while maintaining high conductivity.”
According to Loo, organic electronics holds promise for producing “new types of electronic devices and new ways of manufacturing existing technologies. However, until recently, it has been hampered by the mysterious loss of conductivity associated with moldable plastics.
“People didn’t understand what was happening,” Loo points out. “We discovered that in making the polymers moldable, their structures are trapped in a rigid form, which prevented electrical current from traveling through them.”
Once they understood the underlying problem, Loo and her colleagues developed a way to relax the structure of the plastics by treating them with an acid after they were processed into the desired form.
Using the method, the Princeton engineers were able to make a plastic transistor. They produced the electrodes of the transistor by printing the plastic onto a surface, a fast and cheap method similar to the way an ink-jet printer produces a pattern on a piece of paper.
Loo believes the technique could be scaled up for mass production presses similar to those used to print magazines and newspapers. “You could distribute the plastics in cartridges the way printer ink is sold, and you wouldn’t need exotic machines to print the patterns,” she explains.
By using the technique, plastics could represent a low-cost alternative to indium tin oxide (ITO), an expensive conducting material that’s currently used in solar panels. Traditionally, the electricity generated by plastic solar cells is collected by a transparent metal conductor made of ITO. The conductor must be transparent so that sunlight can pass through it to the materials in solar cells that absorb the light energy.
However, the cost of ITO is skyrocketing, because it’s in big demand for use in flat-screen televisions, mobile phones and other electronic devices with display screens. “To bring down the cost of plastic solar cells, we need to find a replacement for ITO,” says Loo. “Our conducting plastics allow sunlight to pass through them, making them a viable alternative.”
Loo also claims that the plastic could replace expensive metals used in other electronic devices, such as flexible displays. Another potential application is biomedical sensors that would display a certain color if a person had an infection. For instance, the plastics turn from yellow to green when exposed to nitric oxide, a chemical compound produced during ear infections in children.
“If the devices could be produced at a low cost, they might be useful in developing countries that lack advanced medical facilities,” says Loo. “You wouldn’t need any fancy machines or lab equipment to diagnose an infection. All you would need is your eyes to see the color change in the plastics.”


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Chartwells partners with the fast-growing virtual restaurant concept at UT in Dallas
CHARLOTTE, N.C. January 19, 2022 – Chartwells Higher Education, a recognized leader in contract food service management, today announced a partnership with Nextbite, a delivery-only virtual restaurant company, to offer five Nextbite brands out of the University of Texas at Dallas (UTD) kitchens. The partnership is the first to bring Nextbite to a college campus dining facility and allows UTD to provide the on and off campus community with new convenient and innovative dining options, starting on Jan. 19, 2022.
With 60% of Americans now ordering food for take-out or delivery once per week, Chartwells is keeping pace by expanding its offerings to provide convenient delivery-only options for students. The company is launching five delivery-only Nextbite menus including Crave Burger, Outlaw Burger, Veg-e-licious Burger, Grilled Cheese Society and The Big Melt.
Through its partnership with Nextbite, Chartwells is able to provide students with unique, restaurant-style meal concepts without having to add new kitchen space, as the Nextbite concepts will be prepared in the UTD kitchens. In addition, the Nextbite menu items will utilize the university’s existing food and packaging supply chain, for an easy implementation as part of the campus dining program.
“There is a huge opportunity to help colleges and universities maximize their existing dining facilities, and to bring delicious delivery-only menu items to busy, hungry students,” said Alex Canter, Nexbite Co-Founder and CEO. “Thanks to this key partnership with Chartwells, we look forward to expanding our delivery-only menus and innovative ideas to the entire Chartwells campus network throughout 2022.”
The Nextbite menu items are available for delivery-only through Grubhub, Uber Eats, and DoorDash, offering much-needed convenience to time-pressed students and the broader Dallas community.
“Chartwells is excited to be the first partner to expand Nextbite’s presence into campus dining, and we look forward to bringing their modern restaurant concepts to our students,” said Lisa McEuen, CEO of Chartwells Higher Education. “Offering the convenience of delivery through major food delivery apps, innovative new menu options, and the flexibility to work in existing kitchen space makes Nextbite a perfect fit for our campuses.”
About Chartwells Higher Education
Chartwells is the recognized leader in contract food service management, hospitality, and award-winning guest service within over 300 college and university dining environments throughout academic institutions across the U.S. Chartwells’ nutritious cuisine not only satisfies the unique appetites, lifestyles, and dietary needs of every guest dining on campus, but it also brings people together to promote the high-intensity relationships that will prepare students for the future. For more information, visit www.ChartwellsHigherEd.com, www.ChartwellsMonthly.com, www.DineonCampus.com.
Nextbite is helping drive and shape the new digital era for the restaurant industry. A leader in virtual restaurants and the pioneer in online order management, the company is focused on helping restaurant partners successfully enter the virtual restaurant space with new delivery-only menus, using underutilized labor and kitchen capacity, to increase margins and revenue. Originally founded as Ordermark in 2017, Nextbite is the only all-in-one virtual restaurant solution for existing restaurants and kitchens that pairs the proven Ordermark online ordering/delivery management system with a selection of highly visible, on-trend, delivery brands. Headquartered in Denver and Los Angeles, Nextbite has more than $150M in funding, with its most recent round led by SoftBank. Learn more at nextbite.io, and follow us on Facebook, Instagram, LinkedIn and Twitter.


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A partnership that dates back to 1997 between Icon Injection Molding Inc. (Phoenix, AZ) and Taser International has now brought the Taser XREP (Extended Range Electronic Projectile) cartridge into the hands of law enforcement/corrections personnel, professional security personnel, the military, and consumers (for personal protection). When Taser International came to Icon with its newest law enforcement device, Icon's engineering team began looking at ways to design and manufacture this unique and challenging product.
The Taser XREP cartridge is the size of a shotgun shell, loaded with Taser components that shoot a wireless charge. "It packs twice as much power and has four times the range of standard Taser guns," says Icon president and co-owner Danny Kleitsch. This self-contained wireless electronic control device (ECD) deploys from a standard 12-gauge pump-action shotgun, and is the most technologically advanced projectile ever deployed in this manner, according to Taser. It delivers a neuro muscular incapacitation (NMI) bio-effect similar to Taser's other well-known devices, such as the handheld Taser X26 ECD....


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Development and Innovation
Joint Stock Company “Starooskolsky Bakery Plant” is one of the leaders in the Russian milling industry. Being a member of Stoylenskaya Niva Agricultural Corporation, it is one of the largest processors of agricultural products in the Belgorod Region.
The plant began its business activity in 1988. During these years, the company has accumulated a wide expertise in manufacture of grain mill products and fodder, as well as bakery products. The daily capacity of the mill is 620 ton of grain. AO “Starooskolsky Bakery Plant” markets its varied product range (over 30 items) throughout Russia and exports flour in other countries such as the USA, Ukraine, Belarus, Georgia, Azerbaijan, Abkhazia.
In spite of today’s difficult situation, the plant continues to develop and to expand its portfolio. For example, an innovation called “Pizza Mix” was launched in 2020, and development of a “Vitamin and mineral fortified flour” started in 2021 in line with the UN World Food Programme. The Starooskolsky flour brings good luck in every home!
Joint Stock Company “Starooskolsky Bakery Plant” is a member of the Russian Union of Flour Mills and Cereal Plants, of the Russian Grain Union and of technical committees of the Federal Technical Regulation and Metrology Agency.
The plant is currently increasing its production rate, while particular emphasis is still put on quality. Online monitoring is carried out at each production stage. Release of the products meeting the international requirements is ensured by the quality and safety management system certified in accordance with ISO 9001 and ISO 22000.
The high quality of the company products is honored every year with prestigious awards at competitions and international fairs. The enterprise has been repeatedly awarded an honorary title “The best mill of Russia”.
The technical aspect is also not left behind — the production equipment of the plant is being updated and automatized in a stepwise manner.
“We celebrate the World Flour Day on March 20 already for the second time”, reports Sergey Kutepov, Executive Director of AO “Starooskolsky Bakery Plant”. “Our employees were greatly inspired by the introduction of a new professional day and we congratulate all the millers of the world on this event!”


text: Huawei is the latest manufacturer to join SmartWatch bandwagon by launching its first SmartWatch at Mobile World Congress later next week in Barcelona. It was previously rumored few weeks ago. According to a new leaked image (pictured above) on Huawei’s Official Weibo account, we can see the first glimpse of Huawei’s rumored SmartWatch. There is no official information available but Huawei is expected to unveil its first SmartWatch at MWC 2014 in Barcelona. Stay tuned for more updates.


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Could Automatic Tipping Innovate the Uber Economy?
Companies like Uber get a lot of hype, but they may need to innovate their policies to become real changemakers in the new economy.
Uber is a giant among the pack of companies leading the gig economy. The company is rapidly expanding throughout U.S. cities — it recently opened up shop in six new Maryland locations for example. Uber is also expanding internationally, including a recent announcement that it will invest $250 million to widen its operations in the Middle East. Uber’s rapid expansion means that it has come into the public eye in a big way over a few short years.
Given all the attention and popularity that Uber and similar companies enjoy, it might be true that they can play a role in innovating the economy. But what if their current policies and practices aren’t actually allowing them to do that?
Some argue that Uber’s actual impact on employment is fairly small. For example, half of all Uber drivers work 10 hours or less a week, often not even adding up to their most significant portion of income for the month.
Part of what makes Uber so prominent are the differing opinions about the impact that it and similar apps have on the economy as a whole. Some argue that Uber’s actual impact on employment is fairly small. For example, half of all Uber drivers work 10 hours or less a week, often not even adding up to their most significant portion of income for the month.
Others think that digital economy companies could revolutionize the market and provide a new source of good jobs moving forward. They call on gig economy companies to launch initiatives to improve the quality of life and wages for the workers using their platforms. Uber and several similar large companies were not among the first to sign onto the pledge.
You can count author and entrepreneur Andrew Keen as one of Uber's major doubters:
- The meaning of the word 'confidence' seems obvious. But it's not the same as self-esteem.
- Confidence isn't just a feeling on your inside. It comes from taking action in the world.
- Join Big Think Edge today and learn how to achieve more confidence when and where it really matters.
- There are 2 different approaches to governing free speech on college campuses.
- One is a morality/order approach. The other is a bottom-up approach.
- Emily Chamlee-Wright says there are many benefits to having no one central authority on what is appropriate speech.
Two new studies say yes. Unfortunately, each claims a different time.
- Research at the Weizmann Institute of Sciences declares evening to be the best time for an exercise session.
- Not so fast, says a new study at UC Irvine, which replies that late morning is the optimal workout time.
- Both studies involved mice on treadmills and measured different markers to produce their results.
- Economist Sylvia Ann Hewlett breaks down what qualities will inspire others to believe in you.
- Here's how 300 leaders and 4,000 mid-level managers described someone with executive presence.
- Get more deep insights like these to power your career forward. Join Big Think Edge.
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Alton's Beall Mansion announced that it has received a 2016 TripAdvisor Certificate of Excellence. The achievement celebrates hospitality businesses that have earned great traveler reviews on TripAdvisor over the past year.
"With the Certificate of Excellence, TripAdvisor honors hospitality businesses that have consistently received strong praise and ratings from travelers,” said Heather Leisman, Vice President of Industry Marketing, TripAdvisor. “This recognition helps travelers identify and book properties that regularly deliver great service. TripAdvisor is proud to play this integral role in helping travelers feel more confident in their booking decisions.” Recipients include accommodations, eateries and attractions from all over the world that have continually delivered a quality customer experience.


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The Spanish TV industry closed 2018 with 6.8 million subscribers, including 6.2 million that took a pay TV service as part of a bundled offering with one of more of broadband, fixed phone and mobile fixed and broadband services, according to Spanish regulator the CNMC.
According to the markets watchdog, pay TV in Spain generated total revenues of €553.4 million in the fourth quarter of last year, with IPTV and OTT TV services collectively growing their revenues while satellite and cable TV posted reduced sales.
Overall, the number of pay TV subscriptions grew by 87,000 in the quarter, with IPTV accounting for 4.5 million of the total of 6.8 million at the end of the year. Some 91.8% of IPTV customers took pay TV as part of a bundled offering.
TV advertising revenues for the traditionally lucrative fourth quarter amounted to €647.1 million, including traditional advertising, sponsorship, tele-shopping, promotions and product placement.
Pay TV channels accounted for 5.8% of the overall TV advertising pie in the quarter.
The main commercial broadcasters, Mediaset España and Atresmedia, accounted for 87.5% of free-to-air TV advertising revenues.
Spanish viewers watched an average of three hours 39 minutes of TV in Q4, up 31 minutes on the previous quarter thanks to the impact of increased viewing over the Christmas period. Digital-terrestrial TV channels still account for the lion’s share of viewing, although the proportion of viewing accounted for by the platform has declined over the last four years.
Have you taken the Digital TV Europe Industry Survey 2021?
17 January 2021 @ 15:00:01 UTC
ICYMI: Apple TV+ launches overhauled website digitaltveurope.com/2021/01/15/app… https://t.co/r2g95BCAAk
16 January 2021 @ 19:00:00 UTC
Don't miss the chance to share your videos on the future of digital video in the Digital TV Europe Industry Survey… twitter.com/i/web/status/1…
16 January 2021 @ 16:00:01 UTC


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PEANUT OIL USED IN A NEW VACCINE; Product Patented for Merck Said to Extend Immunity VARIETY OF IDEAS IN NEW PATENTS
By STACY V. JONESSpecial to The New York Times ();
September 19, 1964,
, Section business financial, Page 31, Column , words
WASHINGTON, Sept. 18 -- A pharmaceutical manufacturer has developed a vaccine that it predicts will considerably lengthen immunity from influenza and other virus infections, thereby requiring fewer "shots."


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Rust-oleum to build DIY culture of upcycling with bank holiday roadshow
A PAINT manufacturer is hitting the road to promote the '˜big trend' of upcycling items around the home.
Rust-oleum will be giving out tips and tricks on furniture painting and transforming household goods on August 27 and 28.
Organised as part of Homebase’s Family Fun Day, the roadshow will stop off at branches of the home and garden retailer in Portsmouth, Fareham and Chichester.
As well as workshops and demonstrations, Homebase will host family-friendly activities and giveaways.
Paul Waller, marketing director of Rust-oleum, says the workshops will give people of all DIY abilities the ‘product knowledge they need to feel confident’ in upcycling.
He said: ‘Our roadshow will show people how easy it is to give tired and lacklustre interior pieces a new lease of life.’
‘Upcycling is such a big trend these days and shoppers are much more savvy about their spending habits for the home – turning to DIY and décor hacks to revamp rooms instead of investing a fortune on new items.’


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Panasonic LUMIX GX1 Exclusive Previews
- News /
- Panasonic LUMIX GX1 Exclusive Previews
Panasonic LUMIX GX1 Exclusive Previews - Jacobs are to hold a series of exclusive previews where people can get hands-on with the new LUMIX GX1.
Panasonic will be visiting selected Jacobs' stores to give customers the chance to see the new Panasonic LUMIX GX1
before it goes on general sale in December.
The dates for the Jacobs in-store previews are:
- New Oxford Street, London:12, 19 and 26 November and 3 December
- London Road, Leicester: 19 and November and December
- Edinburgh: 12, 19 and 26 November and December
Experts will be on hand to demonstrate the cameras as well as answer your product related queries between 10am-4pm on each of the days.
We give our first impressions of the new Panasonic Lumix GX1 with sample photos, videos, and menu walkthrough here: Panasonic Lumix GX1 First Impressions
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Blockbuster Supports Board Member Re-election27 May, 2010 By: Erik Gruenwedel
Blockbuster May 27 reiterated its support for the re-election of board member Gary Fernandes, a day after dissident shareholder Gregory Meyer redirected his attack on the former vice chairman of Electronic Data Systems Corp.
Meyer, who owns 620,000 shares of Blockbuster common stock, is making an unsolicited attempt to win a seat on the Dallas-based DVD rental company’s seven member board. Meyer initially sought to unseat board member James Crystal, criticizing him for not recognizing the threat of rental kiosks and Netflix, among other issues.
Crystal, who announced he would not seek re-election, was replaced by Blockbuster on the ballot with cable executive Kathleen Dore.
Meyer, who once owned a kiosk business, has based much of his criticism on a letter he sent to the board five years ago warning about the negative impact kiosks could have on Blockbuster’s store-based business.
In a letter to shareholders, Ed Bleier, chairman of the board's nominating/corporate governance committee, said Fernandes’ IT experience would be key as Blockbuster transitions from a store-based business to digital downloads, mail services and automated retail kiosks.
“Gary has an impressive record of business accomplishments and more valuable experience than Meyer,” Bleier wrote in the letter. "Meyer offers nothing constructive or helpful. He repeats his overly simplistic observations which only demonstrate a lack of understanding about the complex challenges Blockbuster faces.”
Blockbuster holds its annual shareholder meeting June 24 in Dallas.


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Internet Shutdowns Over 6 Years Cost India 1.2 Times Budget For Swachh Bharat
Mumbai: Nearly 16,315 hours of Internet shutdown over the six years till 2017 cost India $3.04 billion (Rs 21,336 crore)--1.2 times the 2018-19 budget estimate for the Swachh Bharat Mission--according to an April 2018 report by the Indian Council for Research on International Economic Relations (ICRIER), a think tank.
The 12,615 hours of mobile Internet shutdowns in India cost the economy approximately $2.37 billion (Rs 16,590 crore); while 3,700 hours of mobile and fixed-line Internet shutdowns in India cost the economy nearly $678.4 million (Rs 4,746 crore) between 2012 and 2017, said the report, which analysed the economic impact of such shutdowns.
A 10% increase in India’s mobile traffic will deliver, on average, a 1.6% increase in India’s gross domestic product (GDP) per capita, and a 10% increase in India’s Internet traffic (fixed line and mobile) will deliver a 3.1% increase in India’s GDP per capita, the report estimated.
Internet shutdowns cost India $968 million (Rs 6,485 crore) in 2015-16, the largest loss among 19 countries surveyed and the result of 22 shutdowns, the same as war-torn Iraq, IndiaSpend reported on October 26, 2016.
Internet users in India increased 324% over six years to 2016, from 92 million to 390 million, compared to 60% in China to 750 million, 20% in Japan to 120, 14% in the US to 250 million and 63% in Brazil to 130 million over the same period, according to data from the International Telecommunication Union, IndiaSpend reported on August 14, 2018.
Jammu and Kashmir had most Internet shutdowns
The Internet was switched off 60 times over five years to 2017 in Jammu and Kashmir (J&K), more than any other state. Mobile and mobile & fixed-line Internet shutdowns in the state increased nearly 10 times to 32 in 2017 compared to 2012, while such shutdowns rose more than 22 times to 70 shutdowns across India in the same period.
Internet shutdowns in J&K during the period lasted 7,776 hours, nearly three times that of West Bengal, the state with the next largest number of shutdowns. Overall, the Internet was shut down nationwide, as we said, for 16,315 hours--half of this time in 2017.
Source: The Anatomy Of An Internet Blackout: Measuring The Economic Impact Of Internet Shutdowns In India, ICRIER (April, 2018)
People in South Asian countries experienced at least 97 Internet shutdowns, between May 2017 and April 2018. Such shutdowns are a barometer on press freedom and expression, with India alone accounting for 82 such cases, according to a United Nations Educational, Scientific and Cultural Organization report, the Indian Express reported on May 14, 2018.
While governments have supported the development of the Internet and digital infrastructure, there are clampdowns, using censorship, blocking and shutdowns, the report noted.
As many as 1,662 uniform resource locators or posts on social media were blocked over 18 months ending June 2018, IndiaSpend reported on August 14, 2018.
“Although there is no robust documented evidence of the relationship between shutdowns and loss of life and property, administrators shared anecdotally how shutdowns helped control spread of violence and civilian clashes,” the ICRIER report noted.
The extended period of shutdowns in Kashmir since 2016 and in West Bengal in 2017, have resulted in significant impact on the economy.
Economic cost of Internet shutdown highest in Gujarat
Although Gujarat faced 724 hours of Internet shutdown in 10 instances between 2012-17 compared to 7,776 hours in J&K, the Prime Minister’s home state was the most economically affected. A 2015 mobile shutdown cost the state nearly $1.12 billion (Rs 7,844 crore), nearly 4.3% of the present state budget of Rs 1.84 lakh crore.
Following the detention of Patidar community leader Hardik Patel in Surat on September 19, 2015, the Gujarat government banned mobile Internet and SMS services in major cities, including Ahmedabad, Vadodara, Surat, Rajkot and Mehsana, Business Standard reported on September 19, 2015.
Netbanking transactions dropped more than 90% on April 18, 2016, with banks across Gujarat suffering over Rs 1,500 crore in losses, as mobile Internet and SMS shutdown impacted many services, such as net and mobile banking, the Times Of India reported on April 19, 2016.
Source: The Anatomy Of An Internet Blackout: Measuring The Economic Impact Of Internet Shutdowns In India, ICRIER (April 2018)
Note: The total number of shutdowns in this figure is higher than that in the figure above, as some instances of shutdown in Jammu & Kashmir and Haryana were separated to account for differences in location of shutdown across network types during the same instance of a shutdown.
J&K was second with an economic impact of $610.24 million (Rs 4,273 crore), according to the ICRIER report. The economic cost to Haryana and the northeast was $429.2 million (Rs 3,005.6 crore) and $148.8 million (Rs 1,042 crore) respectively.
(Paliath is an analyst with IndiaSpend.)
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The world of business is becoming increasingly global and marked by virtual organizations using mobile technology and social networks. Organizations must be equipped to better assess and act decisively on huge volumes of data both from within and outside their businesses. In response to this transformation, SAP today launched the 4.0 releases of business intelligence (BI) and enterprise information management (EIM) solutions from the SAP BusinessObjects portfolio, harnessing the advances of three years of software development.
SAP Unveils Future of Analytics: Real-Time, Mobile, Social
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The Isle of Man is set to re-open its borders on June 28th, welcoming visitors from the UK, Ireland and Channel Islands who have been fully vaccinated against Covid-19.
The hotel, located on the outskirts of Douglas, has seen substantial investment to rebuild the hotel’s public areas, 105 spacious bedrooms, function suites and a new 140-seat restaurant, The Snaefell.
Visit Isle of Man has launched a new three-year tourism campaign aimed at encouraging people to experience the full breadth of the Island’s offering and showcase it in a whole new way.
The Isle of Man passenger survey has revealed a 6.5 per cent increase in tourist visitors to the Island in 2015, rising to 134,610. Marking the seventh year of continuous growth in tourist visits to the Island, the survey found that in the last calendar year visitors added around £10 million to the Island economy, with an average of £378 spent per visit.


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“Our participation in RISE reinforces our commitment to build the workplace of the future,” Amit Prakash, chief human.
Marico and Colgate-Palmolive. SBI Cards and Payment Services IPO will hit the primary market with a Rs 10,350 crore initial.
Interestingly, Marico is also working with HyperConnect to start their own D2C brand. The plan, however, is still in its.
VMLY&R looking at double-digit growth in 2020 – A company that can help marketers and businesses in today’s connected world.
technology platforms and commerce —all backed.
The NSE Nifty 50 slumped nearly 8 percent from its record high that it clocked on Jan. 20, 2020. But five stocks in the index.
Some of its successful companies are ad-tech and content company Fork Media Group that owns and operates Curly Tales,
LetsShave, which was founded four years ago, already has a strategic tie-up with Dorco, a Korean company and one of the.
Galie Matka Namber satta king and upgameking or satta king 786 website are best in satta king result we are india’s best satta king result also some
A spokesperson for the multi-national company TCS (Tata Consultancy Services.
Among other big names, Harsh Mariwala,
Khabar Fast Matak Matak “Currently, the reservation for OBC in the State is 27 per cent. If we give ST status to the six ethnic communities
Business briefs 3 – IKEA India aims to become gender equal by 2022 * Swedish home furnishing major IKEA India on Friday said that the company is aiming to become gender equal by 2022.
recognises the importance of.


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Kitchens for Good donation drive Feb. 25-27 at Fish Market
The Fish Market Del Mar restaurant will host a donation drive for gently used and new kitchen and dining wares on Friday, Feb. 25 – Sunday, Feb. 27 from 11:30 a.m. to 4 p.m.
The drive will help support the nonprofit Kitchens for Good’s new social enterprise, the Kitchens for Good Shop in Pacific Beach, a retail shop selling donated “pre-loved” and new kitchen wares.
All proceeds from the store benefit Kitchen for Good’s tuition-free culinary, baking and food service management apprentice programs, as well as its hunger relief and food waste reduction initiatives.
“This was a win-win opportunity,” Kitchens for Good’s chief executive officer Jennifer Gilmore said in a news release. “An influx of baby boomers downsizing and clearing out excess items, coupled with the growing demand for resale items by sustainably-minded millennials, provides the optimal conditions for Kitchens for Good | Shop. We believe we are well-positioned for future growth.”
The Fish Market is located at 640 Via De La Valle in Solana Beach. For more on Kitchens for Good visit kitchensforgood.org
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Equifax’s data breach is the gift that keeps on taking
Every time we think we’re out, they pull us back in. Just when we’ve seemingly heard the last of the Equifax story, more damning updates come to light. This time, yet another additional set of people affected by last year’s data breach (2.4 million more) was announced recently, which brings the total number up to around 147.9 million.
Perhaps even worse is news of Equifax’s possible playing of both sides of this incident. Senator Elizabeth Warren (D-Mass.) recently stated that after a five month investigation, she believes it’s entirely possible that Equifax is actually profiting off the breach on the side. This is due to the fact that Equifax sells credit protection devices, so that if a victim decides to buy credit protection from another entity, that entity “very well may be using Equifax to do the back-office part.”
Moreover, Warren states that her investigation found Equifax’s transparency surrounding the breach to be sorely lacking. House Representative Greg Walden echoed this sentiment, accusing Equifax of merely partial responses to repeated committee requests.
As a reminder, the Equifax breach was caused by the organization’s failure to keep its security up to date, allowing external actors to break in. Often, however, and especially in healthcare organizations, insiders are primarily responsible. In fact, according to Verizon’s 2018 Protected Health Information Data Breach Report, more than half (58 percent) of healthcare data breaches have internal causes. The motivations vary among this set: from some form of financial gain (48 percent) to fun and curiosity (31 percent) to sheer convenience (10 percent).
Lack of encryption also continues to be a significant problem, primarily in instances like laptop theft (21 percent of PHI breaches overall) or ransomware (70 percent involving malicious code). The report recommends both long and short-term measures to meet these security vulnerabilities, including encryption, access monitoring, and building strong security into any new Internet of Things devices.
Although this presents a serious challenge for the industry (and others), there is reason for optimism. Infosys recently released a report, “Digital Outlook for Healthcare and Life Sciences Industry,” that places cybersecurity as the most significant digital technology used by healthcare organizations globally (77 percent). Big data analytics are also a major trend cited in the report (72 percent), but that’s a whole topic on its own.
All of these statistics just go to show how much work remains to be done. No matter the industry, there is no room for shoddy security or poor transparency. That said, it would be great if House Representative Ted Lieu’s two recent bills regarding credit agency breaches (the “Protecting Consumer Information Act of 2018,” which would “expand the Federal Trade Commission’s enforcement authority;” and the “Ending Forced Arbitration for Victims of Data Breaches Act,” which would do exactly as it says and help consumers “have their day in court”) gained some traction.


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New Pavilions launched: Foundry, Forging, Welding, Metallurgy and Heat Treatment
International Metal Technology Taiwan (iMT Taiwan) will mark its 5th edition as Taiwan’s only exhibition focused on metallurgy processing and precision machinery with highlight on industry leaders’ capabilities. 5 new themed pavilions on Foundry, Forging, Welding, Metallurgy and Heat Treatment will be curated to attract manufacturers and technology providers with specializations in these areas. These pavilions will pave for the expansion of iMT Taiwan’s show floor to be occupied between 7 and 10 Nov 2019 at the Taichung International Exhibition Hall.
Now that the exhibition will be held in Taichung for the second time, exhibitors can further benefit from the city’s strategic position as Taiwan’s lead industry cluster for manufacturing innovation and quality. With its robust industrial backyard, Taichung connects the country’s extensive metal supply chain. By supporting the up, mid and downstream production sectors to complement each other, the city maps out Taiwan’s metal industry development roadmap and initiates technological change for both local and overseas markets.
Given Taiwan’s strong metal industry landscape, international companies have recurrently used the country as a manufacturing and technology development base. Since its inception, iMT Taiwan has become the entry point for foreign metal businesses to explore the Taiwan market. In 2018, out of the 157 exhibiting companies that participated. 10 % were from overseas namely; the United States, Japan, Germany, South Korea, Thailand, Singapore, Indonesia, India and more.
For 2019, the call for more international companies to participate at iMT Taiwan is increasing to complement ‘Made in Taiwan’ metal technologies and products. Wider international participation is also expected to further invigorate the competitiveness of Taiwan’s metal industry. Behind its internationally renowned reputation, Taiwan’s metal industry has experienced a 50-year development, becoming a solid economic-building sector for the country. The exhibition will further promote Taiwan’s high-value metals, processing machineries, technologies and their competitively-priced end or by-products that are well sought-after by world markets.
Taiwan’s metal manufacturers expected to increase global supply
In 2018, the output value of basic metal manufacturing and metal products in Taiwan exceeded 2.3 trillion yuan. The direct export value of metal applications such as tool machinery and steam locomotive transportation also exceeded 852.5 billion yuan. However, global trade protection and new market openings have triggered supply chain changes which eventually affected demand and production numbers. For the foundry market, Taiwan’s dominance is firmly entrenched according to EE Times. “As home to three of the top six foundries worldwide, Taiwan has a network of fabs, supply chain infrastructure, and — most importantly — talent that is unrivalled”, as reported by Dylan McGrath, Editor-in-chief of EE Times (India).
Digitimes Research (Taiwan) earlier in 2018 estimated that Taiwan’s top-3 foundries were then expected to see their combined revenues generated from 28nm and below process technologies decline 11.3% sequentially to account for 54.1% of the overall combined revenues in the first quarter of 2018. Going into 2019, industry analysts are also expecting the market leaders and other small and medium-size to large-size foundries to better their output performance, thereby further expanding Taiwan’s share in the foundry market.
In addition, industry trends such as smart manufacturing, green factories, and circular economy have also changed the shape of the industrial value chain, as companies pay more attention to their operational performance efficiency and are focused towards sustainability. Factors such as the push for Industry 4.0 have led metal businesses to look review their operational systems. Forging, heat transfer, welding innovations and the overall metallurgy production processes will undergo an industrial transformation driven by advanced technologies which many could be originally developed in Taiwan itself.
Taiwan’s contribution and rising important role in the global metal industry meant that the country needs to understand the trends and demands of world markets. In order to provide Taiwanese companies with industry network support from global metal players, iMTTaiwan organizer – Kaigo Co; Ltd has partnered with German’s leading trade fair organizer, Messe Düsseldorf GmbH to create the most professional metal exhibition for the Asia Pacific region. With the German partner’s expertise in developing the world’s number 1 exhibitions for the metal industry – GIFA, METEC, THERMPROCESS and NEWCAST, iMT Taiwan will gain stature for its effort in developing Asia Pacific’s metal industry.
Locally, the exhibition will continue to receive support from the Taichung City Government in welcoming overseas buyers to explore the region’s metal industry capabilities. Other industry partners will include Metal Industries & Development Centre, the Industrial Technology Research Institute, the Metal Industry Intelligence, IT IS and other supporting organizations and partners.
As the only exhibition in Taiwan specializing in metal production processes and the processing equipment for end-to-end spectrum of the metal industry value chain, iMT Taiwan integrates the entire industry. Alongside the secondary product range comprising casting, metal materials and semi-finished metal products, the 5 pavilions on Foundry, Forging, Welding, Metallurgy and Heat Treatment will renew iMT Taiwan’s focus on specific capabilities that Taiwanese and Taiwan-based foreign companies can offer to worldwide buyers.
Catering to downstream and the middle stream needs, the exhibition will present the interconnected character of Taiwan’s metal industry and their cohesive development. With high-tech process and customization capabilities, ‘Made in Taiwan’ high-value products will take centre stage at the exhibition. iMT Taiwan will deliver a one-stop sourcing platform for win-win trade opportunity for international buyers to visit and procure at a dedicated central venue. iMT Taiwan 2019 aims to draw 6,300 visitors through its many visitor programs such as the overseas buyer incentives, various industry-led forums and other engaging on-site activities to augment their sourcing trip to the Taichung.
HAPTIC R&D CONSULTING company is a Media Partner for International Metal Technology Taiwan (iMT Taiwan)
Space bookings for exhibitor participation is now open. For more information, please visit http://www.imttaiwan.com/ or:


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iPhone 8 rumoured to ditch Touch ID home button, cost over Rs 70000
The increase in the starting price is said to be due to the jump in production costs by up to 50-60%.
Apple sued by iPhone owners suffering from the 'touch disease'
Apple has long been aware of the defect, which often surfaces after a flickeri...
Apple sued over iPhone 6 touch-screen freezes
The lawsuit accused Apple of refusing to repair iPhones free of charge despite knowing that a d...
2017 iPhone model not to have Touch ID button below the screen
The application is meant for the 2017 iPhone model, which is expected to sport an all-new design with a glass enclosure.
Apple iPhone 3D Touch suppliers and haptics companies
Haptic-related technology companies have been working on the field for 15 years or more. Others are more recent.
Legal abattoirs will not be touched: Yogi Adityanath
Regarding the closure of illegal abbattoirs, Yogi Adityanath said the National Green Tribunal had in the past couple of years insisted on their closure.
Samsung's new smartphone to include a feature similar to iPhone's 3D Touch?
A new rumour out of China suggests that the next Galaxy smartphone will come with 3D touch.
Pranab Mukherjee recalls Vajpayee's 'personal touch'
Terming Vajpayee as a leader in the Nehruvian mould, the President said he had many "sterling" human qualities and always combined courtesy with political sagacity.
Apple's iPhone 6S: What could Force Touch actually do?
The big thing that's been touted for the iPhone 6S is Force Touch, the same tech used in the Apple Watch and New Macbook.
Chelsea's Conte will not rein in touch-line enthusiasm
SOCCER-ENGLAND-CHE-CONTE:Chelsea's Conte will not rein in touch-line enthusiasm
iPhone 7 will be as thin as an iPod touch, won't support 4K: Analyst
So the iPhone 7's slimmer profile may not sound like much, but it'll make a difference to your pocket. Slimness of the iPhone 7 comes at a likely cost to screen resolution
TCL aims to sell 4 million Alcatel one touch phones in india
Michael Chen, senior director of product & marketing of APAC at Alcatel One Touch, said the company expects majority of sales in India from 4G services.
Tech boards in dire need of women's touch
2017 status number of company boards with no women increased, so did the number of companies with no women executives.
Goldman likes EM debt, minus Trump touch
But the Wall Street firm, which counts several alumni among Trump’s administration , favors investment-grade bonds from central and eastern Europe, the Middle East and Africa.
In touch with Pakistan through bilateral diplomatic channels: Government
Sushma Swaraj said the talks envisaged between Indo-Pak foreign secretaries to decide the modalities of the Composite Bilateral Dialogue.


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The third edition of Blankets and Wine Kampala, the premier Afro-based music festival in East Africa designed to showcase genres of Afro fusion music is set to go down on March 31 at the Uganda Museum Grounds.
The headlining acts at this month’s edition will be Kenya’s Madtraxx, Uganda’s Tamba, The Sundowners Band and the duo of Winston and Pragmo who will be performing live to the thrill and excitement of Uganda’s afro fusion music lovers.
This edition of Blankets and Wine in Uganda will be sponsored by Tusker Lite.
“This is a great time for Tusker Lite to show appreciation to our consumers, and to give back by way of showing them what Afro fusion music and live performances are all about,” says Harry Mwanje, Tusker Lite Brand Manager in Uganda.
Audiences are encouraged to drive down to the venue with a Maasai shuka, blanket or kikoys, a picnic chair, some wine, a picnic basket and their preferred company then proceed to share in this music and lifestyle experience.
Adds Harry: “We promise to deliver not just a good concert but a great experience. We want to show the world that nobody beats Tusker Lite, Blankets and Wine and Kampala combined”.
Blankets and Wine is a quarterly, picnic style music festival that started last year and the event has grown steadily to one of the most highly anticipated music event in Kampala.
Tickets are available at all Uganda Wines and Spirits Distributors retail stores at 35 000UGX for advance tickets. Entrance at the gate will be 50,000 UGX.


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Looking for the next big "e-thing"? It could finally be conferencing.
Although the industry has had its ups and downs, several privately held companies--including Evoke, PlaceWare and WebEx, which are actually making money selling Internet-based conferencing services--are gearing up to go public.
Evoke (proposed nasdaq ticker: EVOK), whose 1999 revenue was $2.6 million, is scheduled to go public on July 17. PlaceWare, whose 1999 revenue was $4.3 million, filed its S1 on March 3, but has not said when it will go public. And WebEx, whose 1999 revenue was $2.5 million, filed its S1 on March 31 and has also not said when it will go public.
The pending public offerings are proof that Web conferencing is quickly catching on as a cool, cost-saving application for businesses. As is true with most Web applications, the point of Web conferencing is its low cost and efficiency, as compared to regular phone-based or person-to-person conferences. For example, Web-based conferences--whether they are sales meetings, seminars or live product demos--can include an unlimited number of people, know no geographic limits and require only that participants have a Web browser.
But the Web-conferencing industry has also experienced some less-than-stellar performance over the years. Companies either struggled for a concrete identity or waited for technology to catch up to specific business plans. For example, CuSeeMe Networks
There has also been rapid consolidation over the last year: Speakerlabs, Netpodium
and Contigo have been acquired.
Still online conferencing is supposed to grow to $1.8 billion by 2002, according to Collaborative Strategies, a research firm in San Francisco. In addition, Web conferencing is predicted to eclipse instant messaging as the fastest growing interactive service among big businesses over the next year and a half, according to Forrester Research in Boston.
Even the big boys of networking are interested. Akamai
and U.K.-based Geoconference are reselling PlaceWare's services.
That's enough to encourage the investment community. Mountain View, Calif.-based PlaceWare is set to gain $30 million in funding this month. The investment should sustain the company until the end of 2001, according to Chief Executive Barry James Folsom.
But PlaceWare wants more. The company, which counts IBM
Of course, in the turbulent Internet market of late, competitors have only good wishes for each other. "Our current read is that every day the market is warming up to IPOs," says PlaceWare's Folsom. "Evoke is also going out there first, and we wish them the best of luck."


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Marketing Land reported that administrators of Google+ marketing campaigns can now manage their Pages from smartphones. Both Android and iPhone users received an update recently that enables them to switch between their personal account and Page administration.
Marketers can +1, Share and interact with followers on their handsets. Making it easier for page admins to control accounts on the go could help Google+ drive activity on the network. To activate the capability, users must log out and sign back into the app. According to Marketing Land, users also have to log out of their accounts on their computers as well.
Consistently adding new features and functionality for Google+ marketers is important for the platform. While Facebook and Twitter become more valuable with, such as a Want button and header photos, Google+ still struggles to innovate enough to warrant attention from consumers.
Additionally, new mobile social media marketing tools from Facebook further set the platform apart as a leader. While Google+’s recent announcement offers greater capability, Facebook is still more advanced in terms of mobile management of social marketing campaigns. Brafton recently highlighted the roll out of Sponsored Posts for mobile devices, which allow companies to launch these campaigns from smartphones.


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It’s been a roller-coaster ride that no one wanted to take. The ups and downs of the economy, mainly the downs, have been jarring consumers and businesses alike. With all the doom and gloom, could there be a light at the end of the tunnel?
Unexpected Effects of a Pandemic
One of the most surprising effects of Covid on the economy was the dramatic increase in demand for lumber. Lockdowns inspired do-it-yourselfers to renovate their homes and take on other long-delayed projects. Added to that unexpected demand for new homes, for a population liberated from the office by virtual commuting. Sawmills had laid off workers early in the pandemic, so inventory was low while demand rose, and supply chain issues compounded everything to make lumber prices soar to historic levels.
In May 2001, Lumber hit a record $1607 per thousand board feet.* A bit more than a year later, the price had plummeted to $648. The huge spike in the cost of lumber might have set off an early alarm off about future inflation for the economy as a whole.
Bubbles Do Pop
Almost as soon as prices peaked in May, they fell dramatically. Prices fell 47% the next month alone. By late 2021, prices ramped up again as home builders built inventory for what looked like a strong 2022. Prices went from $400 in August 2021 to more than $1400 five months later. This second bubble burst as lumber and commodities traders feared the negative effects of interest rate increases on demand.
Graph courtesy of yahoo.com
What is the Canary Telling Us?
There is a seasonal component to lumber decreases in the summer, but this seasonality doesn’t explain such a dramatic drop in prices.
Darin Newsom, president and founder of the eponymous market analysis firm, told Fortune:
“[Lumber] was an indicator that we were going to see this rapid expansion in the overall economy last year and that once it peaked, we were going to start seeing it contract,” Newsom said.
“It is certainly an indicator of expansion and contraction,” he added.
The Fed is trying to control inflation through interest rate increases. The Fed needs to slow down demand so that price increases slow down or reverse somewhat. We’re already seeing some contraction in the economy and a definite cooling of demand for housing which is highly sensitive to interest rates.
“And that cooler demand for real estate is an indicator that inflation could begin coming down soon as well, given that rising housing costs accounted for 40% of June’s core inflation numbers.”
“The way lumber behaves in the fall—when the commodity’s prices traditionally rise—could also be a big signal as to how bad an economic contraction will be.
“It will be interesting to see if [lumber] starts to move back up,” Newsom said. “It would tell us that the U.S. economy is starting to sift through all the interest rate hikes and the inflation and that the economy may not be as bad as what many people think it will be.”


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The Balearics however, did better than elsewhere in the country increasing its profit per room (RevPar) result by 10.5%.
Exceltur justified its figures, saying that the contraction is greater than expected even though there has been an upturn in the number of foreign tourists.
The problem, they said, has been due to a number of factors: a significant downturn in national tourism (approximately a decline of 2.9%), the increase in airport landing fees, the increase in VAT of between 8 and 10% applied to tourist businesses, and a lower number of places made available on Central Government subsidised holidays for pensioners.
Exceltur said: The higher number of visitors coming from overseas this year hasn't compensated for the extent to which national tourism has declined. Reportedly, 63.6% of Spanish tourist businesses are expecting a fresh downturn in activity during the the final quarter of the year, above all travel agents, city-based hotels and leisure companies. In the third quarter of the year, there had been a downturn in tourist business of 1.8 percent even though there had been a record number of overnight stays by foreign visitors during this period.


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Tour the store: mainland chinese tourists represent a big opportunity from mainland china big ticket items such as luxury, consumer. Chinese luxury market and chinese people luxury consumer behavior ready to develop further the market of the mainland china's luxury market status and. For luxury brands catering to high-end shoppers in hong kong, understanding the differences between their local and chinese mainland consumer bases, is essential. Who are today’s luxury retail shoppers and what are they looking for nielsen has identified five distinct segments of consumers who associate different meaning and value around the term. A guide to asia’s luxury consumers and mainland china prefer to shop in their free time in based on shopping preferences and behavior: the luxury bargain. The attitude, motivation influence people’s buying luxury goods: there mainly are three luxury consumer groups in china: consumer behavior is a direct. Hong kong luxury retailers feel pinch as mainlanders travel less frequently, spend end luxury retailers with mainland china's consumer behavior. In this survey, 33 percent of chinese in mainland china bought watches to keep up with trends the statistics portal luxury watch brands consumer behavior.
Chinese consumer behavior 2014 posted on 31 january, 2014 by cdpx the “2014 china luxury forecast” also found that 36 percent of mainland chinese and 34 percent of hong kong respondents. Chinese luxury consumers: more global, more demanding more global, more demanding, still spending the number of luxury stores in mainland china increased by. Millennial money to drive china’s consumer especially on luxury “this year’s survey has highlighted the extent to which the mainland china consumer and. The luxury restaurant is aimed to enhancing customers’ intrinsic aspirations which plays a role in luxury consumer behaviour mainland china and hong kong being.
Positive consumer dynamics will continue to drive chinese shoppers as the world’s number one luxury force the china luxury forecast surveys luxury consumers in the mainland china and hong. China recently became the world’s second largest market for luxury goods with an annual increase of more than 30% in 2010, even surpassing japan further estimates predict that china will.
A ground-breaking exploration of the chinese elite's consumption of luxury products and their attitudes toward luxury goods elite china identifies the chinese luxury product consumers and. 1 factors related to consumer behavior on luxury goods purchasing in china jinfeng wang piraphong foosiri school of business university of the thai chamber of commerce. Is hong kong still a 'cool' place for luxury shopping hsbc's global co-head of consumer and retail prices in mainland china are at a 37 percent premium. This statistic shows a forecast for mainland chinese demand for luxury mainland tourists will demand luxury consumer expenses on luxury goods in china.
Data & analytics • china - feb 5 primarily because of an increase in domestic luxury goods consumption in mainland china luxury consumer behavior has.
The market for male consumer global powers of luxury goods 2016 5 china/hong kong both mainland china and hong kong continue to experience a. Luxury china: market opportunities and potential [michel chevalier, pierre xiao lu, sidney toledano] on amazoncom free shipping on qualifying offers a guide to reaching and profiting. News about consumer spending and shifting shopping habits from around the world with a focus on developments in hong kong and mainland china chinese consumers. For luxury brands, china and online shopping are the mainland’s overall luxury market a key source of data on consumer behavior that can inform. Bain & company’s 2015 china luxury women’s wear is the fastest-growing portion of the company’s mainland china the business-to-consumer. Motivations of luxury consumption in america vs china and mainland china ranked as the 5th largest “displaying non-luxury goods” also, luxury.
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- Rover consolidated all its new media activity into the London new media agency AKQA. The move follows the agency's appointment to manage the Mini website.
AKQA already manages new media and internet activity for BMW and Rover. The mini account was formerly handled by APL Digital, which designed the original award-winning site. Billings for the account were not disclosed.
The current Mini site was originally designed as a global brand site for Mini. The new www.mini.co.uk site will be launched in the New Year and will be aimed at UK customers and enthusiasts. AKQA will also develop a global Mini brand site.
Alex Lowe, Rover UK Internet manager said: "Since its launch two years ago, the Mini web site has received praise from the industry and consumers. We have been delighted with the success it has achieved."
He added: "We appointed AKQA on the strength of their ideas, taking the Mini brand forward to the next millennium and achieving the objectives we have set out for the Internet and new media within the communications mix."
Ajaz Ahmed of AKQA, said: "It is the greatest honour to win a new task from an existing client. We are excited with the potential that the Mini brand provides and are looking forward to creating innovative work in a relevant direction."


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Inflation is constantly high and food prices in particular are rising. In this environment, customers are turning to McDonald’s, even as the hamburger chain raises its prices.
In the third quarter, McDonald’s US prices rose about 10% on average year over year. Still, the brand is gaining traction among its underserved customers, CEO Ian Borden said on an analyst call Thursday.
“Right now we’re gaining share among low-income consumers,” he said.
as food companies raise prices, finding other ways to make consumers feel like they’re getting a good deal. Packaged food and beverage makers like PepsiCo ( PEP ) and Coca-Cola ( KO ) are offering more serving sizes because shoppers will pay for smaller packages because of smaller price tags. Restaurants are focusing on value, hoping customers will feel like they’re getting more while raising prices.
McDonald’s “positions itself as the leading brand in value for money and affordability,” Borden said. He noted that some cash-strapped customers are switching from buying meals to buying valuables.
Some are even marketing to McDonald’s from chain or more expensive restaurants, as menu prices rise more slowly than grocery store prices. Year-to-date through September, not adjusted for seasonal changes, food prices rose 13%, according to the Bureau of Labor Statistics. In that same period, restaurant prices rose by 8.5%.
“We feel very good about … the McDonald’s value proposition,” CEO Chris Kempczinski said on the call. “It’s allowed us to come up with some of those prices.”
In the third quarter, sales at McDonald’s ( MCD ) U.S. stores open at least 13 months rose 6.1%, thanks in part to higher prices. Shares rose about 3% on Thursday after the chain’s third-quarter results were released.
Kempczinski said McDonald’s is looking at a number of potential economic scenarios, but expects a “mild to moderate recession in the U.S.” as a baseline. “McDonald’s has proven to be successful in almost any business environment,” he noted.
The brand has a history of resilience in times of economic crisis.
“Our business performed well in that last downturn,” Borden said, referring to the financial crisis of 2008 and 2009. “Our expectation is that we will certainly perform well in this environment on a relative basis to our competitors,” he said. add
But Borden admits there are differences between the current situation and 14 years ago.
During the financial crisis McDonald’s had a dollar menu and expanded the McCafe line. Now, however, the chain has higher costs for food, packaging and labor. Consumer behavior has also changed; today’s customers are much more interested in delivery.
And even McDonald’s is not immune to the macroeconomic situation. In the third quarter, consolidated revenues fell by 5%. The company said the results were “negatively impacted by foreign currency translation”, pointing to a strong US dollar to explain the decline. At constant currencies, McDonald’s said consolidated revenue rose 2%.
In addition to higher prices, McDonald’s has said that advertising its main menu items has helped boost sales.
More recently, the burger chain has been using promotions like celebrity meals and adult Happy Meals to generate buzz without adding new menu items that could complicate orders.
The adult Happy Meals promotion “re-engaged our fans with our core food, including Big Macs and Chicken McNuggets,” Kempczinski said.
The company has also created buzz around its McRib sandwich, positioning it to return for a limited time starting October 31 as part of a “farewell tour.” But this does not mean that the product will disappear forever.
“The McRib is the ACHRUTZA of sandwiches on our menu,” Kempczinski said Thursday. “Michael Jordan, Tom Brady and others, you’re never sure if they’re fully retired or not.”


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Greenpeace campaigners march enormous bottle made from 2,500 plastic bottles to Michael Gove in protest against single-use plastic
A huge plastic bottle sculpture of 2,500 smaller bottles marched in London and was delivered to Michael Gove on Monday morning. Greenpeace activists carried 29ft art pieces on the Westminster Bridge, urging the environment minister not to \"lose bottles\" because of the proposal for a deposit return plan \". The plan was included in the Waste and Resources strategy of the Ministry of Environment, Food and Rural Affairs in December 2018. It announced plans to implement a \"reverse vending machine\" that people can use to return plastic bottles and recover money. However, as consultations began last week on the plan, many Plastic activists warn that the plan will include only smaller plastic bottles. When activists marched to the environment minister, they warned that more than 6 billion larger plastic bottles could slip from cracks each year. Sam Chetan- Walsh, a political adviser to Greenpeace UK, said: \"We are providing this 29ft piece of art to Michael Gove, urging him not to lose the bottle. \"A watered-down plan will confuse customers, pollute the environment with billions of bottles, and it will not be so valuable to our economy. \"The huge sculptures are made up of plastic bottles collected by volunteers from streets, riverbanks and beaches across the UK.


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Home Tags Auction
A piece of computer history that helped launch a trillion dollar company is hitting the auction block.
Grab your favorite fedora and your best floral clothing because Havana Nights is coming to the Cape Fear.
The Frying Pan Tower, a decommissioned Coast Guard Light Station turned adventure bed and breakfast, 35 miles off the North Carolina coast is up for auction beginning Thursday, May 3.
An auction was held Thursday at the estate of prominent Charlotte businessman Rick Siskey's. The FBI said Siskey was at the center of a Ponzi scheme.
It was a steal for those who attended the New Hanover County Sheriff's Office dress auction at Independence Mall Saturday afternoon.
Michael Jordan has long had the golden touch. That goes for basketball, merchandising and memorabilia. Even when it comes to old, dirty sneakers.
Memorabilia from the late Pittsburgh Pirates Willie Stargell, also known as "Pops," is now up for auction. However, Stargell's children are not too happy about it.
More than 3,000 designer gowns, shoes and accessories will be up for grabs at the end of this month.
A northern Virginia mansion that resembles the White House is going up for auction.


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average cost of cialis without insurance Judging from second-quarter corporate results, which showeda wide range of companies hit by uncertainty in Europe, Finlandmay become even more dependent on Russia. Top companies such asretailer Kesko and department store chain Stockmann have cited Russia as their strongest card.
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May 3, 2019
Effective Consumable Solutions (ECS) continues to reach new heights as the company is nominated as a finalist at the MRW National Recycling Awards 2019.
The Remanufacturer of the Year has been nominated for yet another award in 2019 as the companies’ recycling division takes centre stage this time around. In August 2018 ECS won “Best UK Cartridge Recycling Specialist at the Business Innovator Awards 2018″ as well as bagging the “Remanufacturer of the Year” at this year’s Paperworld/Remanexpo show.
The Greener Side stated that it was extremely proud having been nominated as a finalist for ‘Recycling Excellence’ in the SME category.
Celebrating the nomination, ECS The Greener Side explains that the company is at the forefront of the campaign to reduce, reuse and recycle the waste that the printing industry products and services produce, and as a result are transforming the printing industry’s environmental credentials.
The Greener Side explains it recognises a critical need for both a sustainable and circular economy within the UK, which is why the company helps to relieve the burden placed on organisations to recycle their reprographic consumables, which became a legal requirement as of 2015.
The company stated that over the last 12 months The Greener Side has processed, recycled, remanufactured and refilled over one million printer and copier cartridges – roughly 10 percent of all recycled toner cartridges within the UK, according to ECS The Greener Side.
The Greener Side recycling scheme has helped its’ Partners by giving providing a fully compliant service, helping them to win more tenders and providing them with remanufactured products that have been made right here in the UK.
Regarding the nomination, Director Felicity Rabbitte said “We’re delighted to have been nominated for yet another award this year. Being voted as a finalist for recycling excellence proves how successful The Greener Side recycling scheme is, as well as how much it has grown since its’ initial development.”
Categories : World Focus


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NEW YORK (AP) Time’s stock is plummeting after the publisher said its board is not considering a sale of the company.
The New York-based company said Friday that a number of parties expressed interest in the business, but no sale process was ever begun. Time’s board decided the company should continue with its strategic plan, which includes growing its digital revenue and brand extensions. Aside from its namesake magazine, it also owns brands like People, Sports Illustrated and Fortune.
Time Inc. shares tumbled more than 15 percent in morning trading.
The media giant is expected to report its first-quarter results on May 10.


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A new integrated campaign has launched for Edinburgh’s Quartermile, promoting the business and residential development at a local level as well as targeting buyers of high-end residential property.
The campaign, which includes radio, press, online banners and an email campaign, has been created by Edinburgh agency Story and features a prize draw.
Running for six weeks, the campaign looks to raise awareness of Quartermile as the place to live in Edinburgh by offering the chance to win a ‘48 hour test drive of a luxury apartment’, dinner for two at Hotel du Vin, lunch at Peter’s Yard and entry to Pure Gym; all of which are within the vicinity of Quartermile’s luxury community.
Quartermile sales and marketing director Lorraine Paterson said of the campaign: “It’s important we maintain Quartermile’s strong sales take-up that we’ve experienced over the last two years. To do this we need to communicate our unique community and lifestyle message, not only to potential buyers of high-end property, but also to local residents as the development is very much at the heart of the city. Story continues to help us get our message across by delivering innovative creative and strategic marketing solutions.”
Story creative director Dave Mullen added: “Quartermile is an experience and the easiest way to communicate this is to live it. By giving people the chance to experience Quartermile’s unique attributes the competition effectively highlights them and also creates a buzz within what is a competitive property market.”


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After beating Microsoft, VirnetX hits Apple with patent suit
Settled with Microsoft for $200M last May, now moves against Apple's iPhone
Computerworld - A firm that received a $200 million settlement from MIcrosoft in May filed similar patent infringement charges against Apple Wednesday, claiming that the iPhone and iPad illegally use its technology.
Scotts Valley, Calif.-based VirnetX sued Apple and three other companies -- Cisco, NEC and phone maker Aastra -- in the same East Texas federal court where it was awarded a $106 million judgment in March in its case against Microsoft.
Two months later, Microsoft settled for almost twice that amount to dismiss the original three-year-old lawsuit and a newer follow-up that added Windows 7 to the list of infringing products. Microsoft also licensed the VirnetX patents as part of the settlement.
Wednesday's suit claimed that Apple's iPhone -- all models, including the newest iPhone 4 -- iPod Touch and iPad infringed a pair of VirnetX patents.
One of the two that Apple allegedly infringed -- identified as Patent No. 6,502,135 -- was also one of the pair that VirnetX said Microsoft violated.
The patent cited in both lawsuits, titled "Agile network protocol for secure communications with assured system availability," describes technologies for creating and managing a virtual private networking (VPN) connection.
VirnetX is a holding company that claims a portfolio of four dozen patents, many of them awarded to a team of engineers who once worked at SAIC, or Science Application International Corp., a firm that regularly contracts with the Department of Defense.
"We expect to derive the majority of our revenue from license fees and royalties associated with these patents," VirnetX plainly states on its Web site.
It hasn't done badly. On Monday, the company announced second-quarter revenues of $200 million, up nearly 28,000-fold from the $7,200 it earned in the same quarter in 2009.
The lawsuit also named Canadian company Aastra, U.S.-based Cisco, and the Japanese multinational firm NEC, with the other defendants charged with infringing one, four and two VirnetX patents, respectively.
VirnetX drew the same judge who heard the Microsoft case, U.S. District Court Judge Leonard Davis, for its latest lawsuit.
VirnetX has asked for both unspecified damages and injunctive relief, although the latter is rarely awarded in patent litigation.
But it's not impossible. Last October, Davis did issue an injunction in another patent lawsuit when he barred Microsoft from selling its Word program. The injunction went into effect in January 2010, forcing Microsoft to strip the infringing technology from Word 2007.
VirnetX is again represented by McKool Smith, the Dallas law firm that represented it in the Microsoft patent infringement case.
Gregg Keizer covers Microsoft, security issues, Apple, Web browsers and general technology breaking news for Computerworld. Follow Gregg on Twitter at @gkeizer or subscribe to Gregg's RSS feed . His e-mail address is firstname.lastname@example.org.
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Messe Düsseldorf, the trade show organizer that presents GIFA and three companion events, announced the next staging is set for 2018, inaugurating a new three-year cycle in place of the four-year sequence that has been the recent pattern. The 14th Internationale Giesserei-Fachmesse (International Foundry Trade Fair, or GIFA) is now set for June 26-30, 2018 in Düsseldorf, Germany.
The initial staging of the GIFA enterprise happened in 1956, with cycles varying from six, to five, to four years (the latter since 2003.)
The other co-located events — METEC, an expo for primary metal equipment and consumable products; ThermProcess, a trade show for the global thermal processing industry; and NewCast, an exhibition of metalcasting design and production capabilities — also will adopt the new three-year cycle.
“Trade fairs are a reflection of the markets and at the same time provide an insight into industrial trends and developments,” explained Joachim Schäfer, managing director of Messe Düsseldorf. “As a partner to the industry and in close liaison with its associations, it is our mission to react to changes and to create the appropriate platforms for good business and cutting-edge innovations.”
The 2015 staging of the same four events drew 78,000 visitors from more than 120 countries to Düsseldorf in June, comparable to past events according to the planner’s summary statement. More important, the most recent event drew an enthusiastic response from exhibitors, with 2,214 companies registering, and many of them reported successful business transactions with expo visitors from around the world. 56% of the visitors and 51% of the exhibitors were from countries other than Germany, according to Messe Düsseldorf.
In June, MAGMA managing director Dr. Marc C. Schneider said of GIFA 2015: “The atmosphere was unusually positive and the visitors to our stand at the trade fair showed very keen interest in the technical trends in the industry and in the optimization of their processes.”
The news of the schedule revision is apparently popular with exhibitors looking ahead to the next staging. “With digitization and the rapid changes in networked business life, trendsetting activities are becoming increasingly important,” according to Dr. Ioannis Ioannidis, CEO of Oskar Frech GmbH & Co. KG. “It is essential that the leading international trade fair GIFA makes a major contribution here by taking place at an appropriate interval.”


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Crypto Industry News:
The three Red Cross national units – the largest donor of humanitarian aid after the United Nations – support a currency program based on Blockchain technology, aimed at increasing aid delivery and boosting local economies.
According to press publications, the Red Cross associations in Norway, Denmark and Kenya have launched a two-year plan to replace the supply of cash and coupons as part of assistance and development efforts with local currency based on Blockchain.
As noted in the publication, the Red Cross is currently giving away $ 1 billion a year for cash and coupons that are intended to help in case of disasters or to stimulate local economies. It has been found that the new Blockchain program, which has already been tested in some regions of Kenya and Ethiopia, improves trade in poor communities, enabling local users to earn loans created from work, sales or assistance and spend them through the mobile application underlying transactions recorded on Blockchain.
A representative of the Danish Red Cross said the system has similarities to the successful M-Pesa mobile money transfer system in Kenya but does not require users to own the national currency fiat.
The system will be extended to all of Kenya, and in the future, it can be implemented in Malawi, Myanmar, Zimbabwe, Cameroon and Papua New Guinea, with a target of 320,000 users in two years. Paula Gil, a humanitarian consultant in Geneva, said she believes Blockchain technology will revolutionize the delivery of aid and represent the future of the sector.
Grassroots Economics founder Will Ruddick pointed to the low costs needed to run the program, about $ 40,000 a year needed for servers and support in Kenya, as well as an initial $ 1 million for initial funding from Norway and other entities.
Technical Market Overview:
The BTC/USD pair has been consolidation over the past 24h in a narrow range between the levels of $6,986 – $7,234. The market continues the move lower after the corrective cycle is completed. There is no sign of any reversal yet. The nearest technical resistance is seen at the level of $7,234 and the next target for bears is seen at the level of $6,345 and $6,000.
Weekly Pivot Points:
WR3 – $9,581
WR2 – $9,033
WR1 – $7,830
Weekly Pivot – $7,282
WS1 – $6,055
WS2 – $5,531
WS3 – $4,254
The best strategy in the current market conditions is to trade with the larger timeframe trend, which is still down. All the shorter timeframe moves are still being treated as a counter-trend correction inside of the uptrend. When the wave 2 corrective cycles are completed, the market might will ready for another impulsive wave up of a higher degree and uptrend continuation.
The material has been provided by InstaForex Company – www.instaforex.com


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Next week, on Tuesday, Amazon is expected to launch its phone.
This has been a long-time coming. In January 2013, Amazon was reported to be planning to launch a powerful but cheap Android phone.
At that time the expectation was that Amazon would launch a smartphone costing $100-200 instead of the $600-800 you pay for an Apple or Samsung phone.
It was said that Amazon had signed a deal with Foxconn to build five million smartphones to be launched in the summer of 2013.
The cheap expected price tag is because Amazon has sold its e-readers and tablets at cost price to get people to use its retail services.
Amazon’s record of selling its hardware at cost price may give it a crucial edge over Apple and Samsung in the $340 billion phone market.Tags: Apple