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As we get ready to head into the 2022 model year, the C8 Corvette is gearing up to enter its third sales year. And while the mid-engine sports car has received its fair share of critical acclaim, the media has had a different experience than the vehicle’s actual customer base. From the very beginning, Chevrolet has struggled to stabilize C8 Corvette production as a result of various supplier and/or other pandemic related issues. These production constraints wreaked havoc on availability during 2020, and unfortunately the issues have continued into 2021. In fact, the automaker recently canceled the remaining 2021 C8 Corvette allocations without an event code of 3000 or above, just ahead of 2022 Corvette production this fall.
Cutting 2021 C8 Corvette Stingray Allocations
“We learned our lesson last year,” said Juechter to MC&T. “We didn’t predict a pandemic, and we actually promised to build cars and then the pandemic shut us down entirely. We had to go back to customers and dealers and say ‘I’m sorry’. It was 11,000 customers that we had to go back and say okay, we’ll put you at the front of the line for 2021. This year even though things are constrained, we haven’t had to do that. Every car we’ve committed to build, we expect to build. There’s still ups and downs, and we’re fighting through it, but that’s why we don’t want to overcommit. But of all the cars we received and committed to build, we’re still on track to build them.”
When news came down that GM was cutting off 2021 C8 Corvette allocations, customers were understandably upset. It seemed like a repeat of what happened last year, but Juechter explained to MC&T that the situation is different. The decision was actually made in response to what happened to thousands of 2020 model year customers, and in an attempt to prevent the automaker from overcommitting during these turbulent times.
By cutting off orders without an event code of 3000 or above, Juechter believes Chevrolet will be able to get every customer who has ordered a Corvette in 2021 their vehicle. That event code is important, as those customers are the ones who made it through the entire ordering process with confirmation from GM.
Looking Ahead At 2022 Corvette
So while folks who didn’t quite make it through the ordering process for the 2021 model year are right to be bummed, the decision to cut C8 Corvette allocations was likely the correct one. The move will allow Chevrolet a clean slate going into the 2022 model year, during which they hope to see production normalize. Juechter also noted that if the world had been different during the past two years, General Motors could have likely sold three times as many C8 Corvettes. That may seem like a proud father talking, but the Corvette has been the fastest selling vehicle in the country for the majority of 2021. Customers want these things, which is why there was such an uproar over the recent C8 allocation news. That said, here’s to hoping 2022 comes and goes with fewer production-related hold-ups.


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SuperValu renews partnership with Everymum, providing free baby gift bags to new mums
11 February 2021 | 0
SuperValu has renewed its ongoing partnership with Everymum for an additional three years, in a move which will see them continue to work together to provide free baby gift bags to new mums. Over the past 14 years, SuperValu and Everymum have distributed over 700,000 free baby gift bags in-store to new mums nationwide.
Provided by Ireland’s largest online parenting community, Everymum, the Everymum gift bag is packed full of free baby product samples such as baby toiletries, nappy bags and wipes, along with discounts and useful information. The bag also includes a SuperValu online shopping voucher to the value of €10 off €80 spend. There are approximately 50,000 bags distributed each year to new mums across Ireland.
Thanks to the SuperValu partnership, pregnant women and new mums can conveniently collect their gift bag from their local SuperValu store. All you need to do is register as a member on Everymum.ie, download or print the voucher and show it to a SuperValu staff member to claim your free bag.
Commenting on the partnership renewal, Shane Lynch, SuperValu marketing manager, said; “We are delighted to continue our work with Everymum for another three years. Over the past 14 years we have helped distribute almost 700,000 free baby gift bags to new mums across the country and we know how much they love coming in-store to collect their bags packed with useful products and information. At SuperValu we understand the pressures of being a new parent and this partnership is only one aspect of the ongoing support SuperValu tries to provide parents with existing initiatives such as great value prices on trusted baby care brands as well as weekly offers available in-store and online.”
Gina Miltiadou of Everymum said the group was delighted to renew the partnership, stating: “This will ensure that every mum in Ireland gets the support she needs as she embarks on the most important journey of her life.”

domain: news


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KARACHI - Consul General of Malaysia, Herman Hardynata Bin Ahmad on Friday said that his country was keen to enhance trade and investment ties with Pakistan and efforts were underway to open a trade office in Karachi and commencing direct flights from Kualalumpur.
An 18-member Malaysian trade delegation, comprising representatives from food, agriculture, cosmetics, textiles and other sectors, will be arriving in Karachi next week to explore possibilities of enhancing trade ties, he informed during his visit to the Karachi Chamber of Commerce and Industry (KCCI).
The consul general said that Malaysian trade office will be activated in Karachi by the end of the year and presence of Malaysian trade representative would result in improving trade ties with the business community of Karachi which is very important to Malaysia.
A Malaysian Airline will also be commencing direct flights between Kualalumpur and Karachi for promoting trade ties and also opening up tourism opportunities, he further said, adding that efforts were being made to timely complete all the formalities for the direct flights by the end of this year.
Referring to Pakistan Malaysia Free Trade Agreement (FTA), he said that FTA between the two countries was being refreshed by adding more tradable items in the lists which would help increasing trade volume between the two brotherly countries. Herman Hardynata urged the business community to take advantage of the immense opportunities of exporting goods to Malaysia as a lot of goods being manufactured in Karachi would find a very good market in Malaysia.
On the matter of visa-free access to Malaysia, the Envoy said that visa free facility was usually a reciprocal arrangement between countries so if Malaysia and Pakistan mutually agree, the visa free facility can be arranged. Currently, all the visa applications for visiting Malaysia are processed within 48 hours and even earlier than that in case of emergency, he informed. President KCCI Mohammed Tariq Yousuf, in his remarks, stressed on enhancing trade volume of the two countries and said that the bilateral trade volume was far below its full potential as Pakistan’s exports to Malaysia were just around $300 million. He pointed out that Pakistan’s trade volume with the ASEAN bloc was around $9 billion while Pakistan and ASEAN countries could further deepen cooperation in various areas such as transport, energy, communications, information technology and agricultural research.
“Pakistan can learn from the Malaysian Tourism Model as we have tremendous potential in the tourism sector,” he said and also highlighted potential for joint ventures and investment in the areas of Islamic Finance, energy, low-cost housing, infrastructure development, telecommunications, and education. Tariq Yousuf extended full support and cooperation to Malaysian CG for forthcoming visit of Malaysian trade delegation.


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Last Updated on 09/06/2013 by Chris Gampat
Holdfast Gear is a pretty new company that we believe has been positively killing it in the camera space. Nearly every Editor on the Phoblographer owns and loves their stuff–and we really believe that they create some truly stunning and functional products. And apparently, we’re not the only ones. Founder Matt Swaggart reached out to us today to tell us of a brand new achievement for the company: they’ve been nominated for a Martha Stewart American Made award. In fact, they’re actually right now in second place.
Not familiar with Holdfast Gear? They’re a photography strap, camera bag, and accessory manufacturer that is based on Oklahoma and uses all American products and manufacturing to create the masterpieces. Though pricey, their products are beautiful and extremely functional. We’ve reviewed lots of their products and they’ve even received the approval of B&H Photo as their wares are now carried and sold there.
Want to see the company go to an even higher place? Head on over to the voting page and give them a push.


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New reports suggest that Facebook is setting its sights on Instagram, and looking to including Instagram style photo filters in a new update its about to roll out to its Facebook application. Facebook is apparently working on the new photo filters and hopes to release the new updates to its application over the coming months in an attempt to draw users away from Instagram.
Two Facebook engineers have disclosed the information about the new photo filters updates and explain that some of the dozen or so photo filters are similar to Instagram like old-style camera lenses and grainy film.
Since its launch less than a year ago its customer base has exploded and there have even been rumours that Facebook at one stage was even considering acquiring Instagram.
Both Instagram and Facebook have declined to comment on the new updates.
Source: NYT : Lifehacker
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Welcome to the tenth edition of PhoneRadar Report, where we talk in brief about today’s news related to the tech industry.
New Nokia 3310 3G Phone Launched in the U.S for $60
Last month, Nokia announced the new Nokia 3310 with 3G support. The Nokia 3310 3G will be first launched in the countries where there is no support 2G bands. Today, the company launched the Nokia 3310 3G in the U.S for $60. It comes in Azure, Charcoal, Red, and Yellow color options. The device is currently available for pre-order and the shipping begins on October 29th.
ZTE Blade X Launched in the U.S for $119.99
ZTE Blade X is the company’s latest smartphone to be made available on Cricket Wireless. It comes with a 5.5-inch HD display, Snapdragon 425 processor, 2GB of RAM and 16GB of internal storage. The smartphone runs on Android 7.1.1 Nougat out of the box and includes USB Type-C port. It comes with the Argus suite of health apps and sports pedometer and heart rate sensor.
Xiaomi Launches Mi TV 4C with 4K HDR Support
Xiaomi has launched the affordable 4K HDR Smart TV called Mi TV 4C at just 2649 Yuan (approx Rs 26,000) in China. It sports a 55-inch 4K HDR display along with 2GB RAM and 8GB of internal storage. There is also a 43-inch variant which comes with Full HD panel, 1GB RAM, and 8GB of internal storage. The TVs are powered by Amlogic T962 quad-core processor. The company is selling the Mi Bluetooth Remote Control separately for 99 Yuan (approx Rs 1000). On the connectivity front, the TVs also support Wi-Fi and Bluetooth 4.2.
Cortana-powered Harman Kardon Invoke to be Available Soon
Samsung-owned Harman Kardon unveiled the first ever Microsoft’s Cortana powered smart speaker. It is named as Harman Kardon Invoke and will be competing with Amazon Echo, Google Home, and Apple Homepod. It costs $200 and be available in stock starting October 22nd. In the coming weeks, HP might also bring its own smart speaker with built-in Cortana support.
OPPO R11S & OPPO R11S Plus Spotted in Leaked Renders
OPPO is getting ready to unveil the OPPO R11S and R11S Plus as the successors to the earlier launched OPPO R11 and R11 Plus smartphones. Based on the leaks, the devices will be the first OPPO smartphones to feature 18:9 display. We might see a lot of similarities between the OPPO R11S and OPPO F5 smartphones. While the OPPO F5 comes with a single rear camera, the leaks hint at dual camera setup on the OPPO R11S. With thinner bezels on the front, the fingerprint sensor will be moved to the rear of the device.
Latest Update for Nintendo Switch Brings Wireless USB Headphone Support
Nintendo Switch has received the latest 4.0 firmware update that brings the option to transfer user profiles, save data, and video capture. However, the new update also comes with a hidden feature that lets the Nintendo Switch connect with USB-based wireless headsets. It works even when the Switch is undocked, but the user needs to have a USB Type-A to USB-C adapter. However, the users still can’t use the Bluetooth wireless headsets.
Amazon Italy Bans Xiaomi Smartphones
The Xiaomi smartphones are unofficially available in the European markets through several resellers. Now, Amazon Italy has banned the sale of Xiaomi smartphones. While the ban has nothing to do with the manufacturer, it is due to unsafe chargers shipped by the resellers. We expect Amazon to lift the ban once it gets the assurance from the resellers listed on their site.
Google’s Latest Daydream View VR headset Goes on Sale
Alongside the Pixel 2 and Pixel 2 XL smartphones launch, Google also announced the new Daydream View VR headset. The new VR headset is now available through the Google Store for $99. It comes in Fog, Charcoal, and Coral color options, but only the Coral color variant is ready to ship now. Google is also offering more than $40 worth of VR games for those who purchase the new Daydream View VR headset before December 31st, 2017.
Take Virtual Walk in the Space with Google Maps
With the Street View feature Google Maps, anyone can virtually travel anywhere in the world. Now, Google also added the bunch of dwarf planets, planets, and moons. The user can zoom out of the earth and visit any other location in the space. Back in July, the internet giant has added the Internation Space Station to the Google Maps along with Street View. Outside of Earth, the users can’t get much information.
Stay tuned on Phone Radar for tomorrow’s “PhoneRadar Report” article with all the latest tech news.


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1. Toyota President Akio Toyoda (glasses, navy tie with diagonal stripe) meeting Japanese Transport Minister Seiji Maehara
2. Media cutaway
3. Toyoda and Maehara taking seats
4. Close of Maehara pan to Toyoda
6. Toyoda approaching media for news conference
7. SOUNDBITE (Japanese) Akio Toyoda, President of Toyota Motor Corporation:
"People think that we were slow to respond. We feel ashamed but now I am taking a lead and ask you to wait for just a little longer."
8. Mid of media
9. SOUNDBITE (Japanese) Akio Toyoda, President of Toyota Motor Corporation:
"I am thinking of going to the US to give an explanation of myself to the involved parties."
10. Maehara walking to podium for his news conference
12. SOUNDBITE (Japanese) Seiji Maehara, Japanese Transport Minister:
"It is of course important that companies should call for a product recall with such problems, but because we must take care that it doesn''t turn into a diplomatic problem, various countries have to carefully consider their approach."
Toyota said it was recalling about 437-thousand Prius and other hybrid vehicles worldwide to fix brake problems, the latest in a string of embarrassing safety lapses at the world''s largest automaker.
"We feel ashamed but now I am taking a lead and ask you to wait for just a little longer," President Akio Toyoda said at a news conference on Tuesday in Tokyo, after a meeting with Japanese Transport Minister Seiji Maehara.
With the Prius announcement, the number of vehicles recalled globally by Toyota Motor Corporation has ballooned to 8.5 (m) million, for the brake problems, and also for faulty acceleration pedals that are slow to return to the idle position, and for floor mats which can trap acceleration pedals.
The 2010 Prius wasn''t part of the earlier recalls.
There have been about 200 complaints in Japan and the US about a delay when the brakes in the Prius were pressed in cold conditions and on some bumpy roads.
The delay doesn''t indicate a brake failure.
The company says the problem can be fixed in 40 minutes with new software that oversees the controls of the antilock brakes.
Toyota officials went to Japan''s Transport Ministry earlier on Tuesday to formally notify officials that the company was recalling the 2010 Prius gas-electric hybrid - the world''s top-selling hybrid car.
Toyoda, the president, has been criticised for being largely invisible during the two weeks after the company announced on January 21 the acceleration pedal recall in the US, Europe and China.
He apologised at his first public press conference last Friday, and again on Tuesday, but was criticised by the Japanese media for failing to outline concrete steps to tackle the safety crisis and to reassure customers around the world.
He said he planned to go to the US soon to talk with American Toyota workers and dealers.
Analysts said fears of an even bigger consumer backlash had prodded Toyota into recalling the Prius.
The Japanese Transport Minister Seiji Maehara criticised Toyota for reacting too slowly, and said he was meeting US Ambassador to Japan, John Roos, on Wednesday to exchange views about Toyota''s recalls and make sure US-Japan relations remained on good terms.
"We must take care that it doesn''t turn into a diplomatic problem," Seiji Maehara told reporters after his meeting with Toyoda.
"Various countries have to carefully consider their approach," he said.
The automaker is also recalling two other hybrid models in Japan, the Lexus HS250h sedan, sold in the US and Japan, and the Sai, which is sold only in Japan.
The 223-thousand cars being recalled in Japan include nearly 200-thousand Priuses sold from April last year until Monday, according to papers the automaker filed with the ministry. The Prius is Japan''s top-selling car.
In the US, Toyota will recall 133-thousand Prius cars and 14,500 Lexus HS250h vehicles.
Nearly 53-thousand Priuses are also being recalled in Europe.
Toyota is suspending production of the Sai and Lexus HS250h in Japan until the updated software for those models is ready.
If drivers experience a delayed reaction when depressing the brakes in any of these models, they should keep pressing, according to Toyota and the transport ministry.
The Prius repairs will start in Japan on Wednesday.
US owners will start receiving letters about the recall next week.
US safety officials have launched an investigation into problems with the brakes.
Toyota''s plug-in hybrid is also being recalled in Japan, Europe and the US, but in small numbers because it is a largely experimental model for rental and government use.
The Prius holds a cherished spot in Toyota''s vehicle lineup and is symbolic of its leadership in the "green" car market.
Toyota was one of the first companies to mass-market a hybrid that combines an electric motor with a petrol engine, introducing the Prius in Japan in 1997.
Its high petrol mileage made it popular among environmentally conscious drivers, especially when petrol prices spiked two years ago.
But the complexity of the Prius, a highly computerised car, has led to problems in the past.
In 2005, the company repaired 75-thousand of them to fix software glitches that caused the engine to stall.
It has also had trouble with headlights going out.
Shares in Toyota rose 2.9 percent on Tuesday to 3,375 yen, but are still down about 20 percent since Jan. 21, when it announced the acceleration pedal recall.


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BayHawks Thank Vets at VA Medical Center
Erie BayHawks coaches, Jay Larranaga and Ben McDonald, along with guard Jeremy Green and Clutch the mascot, visited patients at the Erie VA Medical Center today. They thanked the veterans for their service and handed out BayHawks hats to many of the patients.
The visit was part of the team’s “Salute Our Troops” campaign that will conclude on Friday night as the BayHawks, along with the Lake Erie College of Osteopathic Medicine (LECOM), will honor current and retired service men and women.
“We are truly grateful for the sacrifices made by so many brave men and women that served our country,” said Larranaga. “Having the opportunity to say thank you to some of them today was a great experience for us.”
Several initiatives are planned to honor military personnel:
Current and retired military personnel receive free tickets to the March 9 game when they show their military ID or DD214 card at the Tullio Arena box office;
Fans can donate care package items at the March 9 game such as phone cards, gift cards, gum, batteries and hygiene products. A complete list of accepted items can be found at supportourtroops.org;
The BayHawks will wear commemorative military themed uniforms and the jerseys and shorts will be auctioned off via an online auction and bidding at the game on Friday night. Fans can begin placing bids now by visiting ErieBayHawks.afrogs.org. Bidding will remain open until 11 pm on March 9. All proceeds from the auction will fund care packages for troops serving overseas. Care packages will be assembled and shipped by LECOM students;
At halftime on Friday local veterans will present a POW / MIA “Remembrance and Fallen Hero Ceremony.” LECOM and the BayHawks will also present a special pre-game salute to each division of the armed forces;
“Coffee Cultures,” located at 5761 Peach Street, is offering a FREE cup of coffee with the purchase of a muffin to all military personnel and veterans with proper identification on Saturday, March 10, 2012.
All Main Level seats on March 9 are just five dollars for what is another Five Dollar Family Night. Fans can purchase tickets at Tullio Arena box office, 809 French Street, or by calling 814-452-4857.


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While the iPad continues to be a hot commodity, Android tablets pick up steam, and recent BlackBerry price cuts shifted tons of PlayBooks, Windows tablets still haven’t really struck a chord with the average user. They’re often seen popping up in professional environments, however, from loading docks and warehouses to medical facilities…which is why it’s no surprise that Toshiba’s new WT301/D Windows 7 tablet is being aimed squarely at business users.
The WT301/D packs a 10-inch, 1366×768 pixel touchscreen display, Intel Atom processor, 2GB of RAM, 64GB SSD, 802.11 b/g/n Wi-Fi and Bluetooth 3.0, 1.3MP rear and VGA front cameras, and USB and micro HDMI ports. The package also includes a dock for the tablet which offers two additional USB ports and a full-sized HDMI output for hooking up a larger secondary display. Microsoft Office 2010 Home and Business comes pre-installed so that users can get to work right away, and Windows 7 Pro 32-bit is on board to allow connections to a Windows domain.
Toshiba hasn’t announced pricing for the WT301/D yet, but the slate looks a bit like the similarly-specced Fujitsu Stylistic Q550 — which sells for around $850. It’s due to go up for sale in Japan next month, and there’s no word as to whether this little number is going to join the 7 and 10-inch Toshiba Thrive in the North American market. This time next year, a western launch seems a lot more likely — with the arrival of the more touch-friendly Windows 8.
The WT301/D will have plenty of company in Japan when it debuts, joining the likes of the NEC LaVie Touch on retail shelves.
More at TechCrunch


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According to a new market research report published by Report Ocean, the Compostable packaging The market is expected to grow at a CAGR of 8.1%, over the forecast period. The market should reach US$151.04 billion by 2030.
This detailed report ocean market research report includes an in-depth analysis of technological innovations, market trends, supply chain trends, future trends, major players and key developments. The report also includes additional information on other factors such as drivers, restraints, and challenges faced by this market, along with an overview of each segment mentioned in the study.
The global compostable packaging market size was US$84.1 billion in 2021.The global compostable packaging market is expected to reach US$151.04 billion by 2030 growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period from 2022 to 2030.
The US current account deficit increased and reached $234.8 billion in Q4 2021. However, the Canadian dollar (CAD) exchange increased by 29.9% in Q1 22 to reach $294.4 billion, widening the imbalance by $68.6 billion. In the first quarter of 2022, exports of goods and services increased by $27.7 billion, for a total of $1.07 trillion. However, the country’s goods and services deficit narrowed to $79.9 billion in June from $87.9 billion in May, which has been corrected, with a drop of $5.7 billion indicating some relief. . On the other hand, the country’s annual inflation rate reached 8.7%.
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The price of logistics increased by 34.9% in July 2022, disrupting the supply chain, while electricity prices rose by 15.5%, the highest level since February 2006. In addition, the number of US existing homes sold in July 2022 fell 5.95% to 4.85. million (seasonally adjusted annual rate), which was the lowest number since May 2020 and below the market forecast of 4.89 million. Residential sales fell for the sixth straight month as the mortgage rate peaked at 6.3%. The US economy continues to be heavily impacted by the global energy crisis, forcing people to spend less and save more.
Factors influencing the market
Compostable packaging is an effective way to offer environmentally friendly and sustainable packaging. Rising awareness of biodegradable and compostable packaging will fuel the growth of the market.
The growing demand for attractive product appearance will provide many growth opportunities for the global compostable packaging market. In addition, the rapidly growing food and beverage industry is expected to increase the growth prospects of the compostable packaging industry in the coming years.
Growing adoption of compostable packaging in major companies, such as Coca-Cola, Unilever Group, and Danone, will aid in the growth of the market.
Strict government rules to ban plastic waste are expected to benefit the compostable packaging market throughout the forecast period. On the contrary, the high cost of materials may limit market expansion.
The growth of the pharmaceutical industry and the increasing demand for new drugs will accelerate the growth of the market. Additionally, growing consumer disposable income and healthcare expenditure will propel the compostable packaging market forward.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has raised awareness about a healthy environment. During the pandemic, the demand for compostable packaging has increased dramatically. Various companies have started adopting environmentally friendly methods in order to meet the demands of the public. The Coca-Cola Company has started to adopt compostable packaging and displayed its strategies for adopting eco-friendly packaging in order to outdo itself.
The demand for packaged food and beverages has increased sharply. Thus, it has been beneficial for the pandemic. Moreover, the pharmaceutical segment has also seen unexpected growth. As a result, it has contributed to the growth of the global compostable packaging market.
North America is expected to dominate the global compostable packaging market in terms of revenue. Market growth is attributed to rapidly growing end-use industries such as pharmaceuticals, food, beverages, etc. Additionally, the Asia-Pacific compostable packaging market is expected to grow at a considerable growth rate owing to the rising awareness related to eco-friendly packaging.
The global compostable packaging market segmentation focuses on material, application, end-use industry and region.
The compostable packaging market has been segmented on the basis of materials –Starch based packaging Compostable plastics Compostable paper
The Compostable Packaging Market has been segmented on the basis of Application –Boxes Bags Others
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The compostable packaging market has been segmented on the basis of end-use industry –Food and Beverage Household Agriculture Pharmaceuticals Other
The compostable packaging market has been segmented on the basis of region –North America United States Canada Mexico Europe Western Europe United Kingdom Germany France Italy Spain Rest of Western Europe Eastern Europe Poland Russia Rest of Eastern Europe Asia Pacific China India Japan Australia and New Zealand ASEAN Rest of Asia-Pacific Middle East and Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
Market competitors BASF SE Biome Bioplastics Limited Bio-On Braskem (Brazil) In novia Films Limited Mitsubishi Chemical Corporation Nature Works Novamont Plantic Technologiestipa – corp ltd. Toray Industries Total Corbion PLA Other Important Players
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- Market overview and summary
- Market drivers
- Market share analysis
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- Value chain analysis
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Bioterrorism worries put holiday food cargo on hold at port
- David Goll
Worries about bioterrorism are delaying the holiday cheer for retailers selling imported food.
A.G. Ferrari Foods, a San Leandro-based specialty food retailer that imports most of its merchandise from Italy, had very little this week of the holiday-season breads, cakes, cookies and candies it usually stocks on its shelves by early November.
Pat Saucy, chief financial officer of the 13-store Bay Area chain that recorded sales of nearly $20 million last year, said two large containers-full of holiday merchandise that in previous years would have cleared government inspection in a day or two had been sitting at the Port of Oakland since Nov. 19.
"It definitely has hurt us financially," Saucy said, estimating that about 90 percent of the retailer's seasonal items were being held.
Although the shipments passed muster with the U.S. Customs & Border Protection department, unprecedented scrutiny from the U.S. Food and Drug Administration's inspectors has left the goods stuck on the docks, Saucy said.
A.G. Ferrari is by no means alone.
Backups have plagued the twin ports of Los Angeles and Long Beach, where 43 percent of all TEUs - 20-foot equivalent units - coming to the United States from Asia are received. Many U.S. retailers, especially toy stores that import virtually all of their merchandise from factories in the Far East, are facing shortages at the worst possible time.
The shortage of labor is partly to blame for the delays at the nation's busiest ports in Southern California, though they are hiring additional employees.
The Port of Oakland has largely escaped backlogs caused by a general shortage of labor.
"When our peak period came from August through October, we handled it well," said port spokeswoman Marilyn Sandifur, adding that Oakland recorded a 28 percent increase in import volume during that period, compared to last year. The port had a record of more than 1.9 million TEUs in 2003.
Current delays in Oakland are limited to food products because the FDA does not have enough staff to keep up.
Mike Milne, Seattle-based spokesman for U.S. Customs, said all food retailers have come under more scrutiny as a result of the Bioterrorism Act of 2002, intended to safeguard the nation's food supply from potential sabotage. It requires more detailed documentation about a product's manufacturing process and how it has been handled at both the port of origin and the port of entry.
A source with the company that serves as a liaison between A.G. Ferrari and government agencies said both heightened security measures and understaffing among the inspector ranks have contributed to the backups in both Southern California and Oakland.
The source, who did not want to be identified, said that most West Coast retailers selling apparel and electronics were lucky to have received virtually all of their holiday merchandise earlier this fall.
Reach Goll at firstname.lastname@example.org or 925-598-1436
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This Brazilian rider takes has clocked more than 20,000 kilometers of adventure riding with his 267-kilogram hypersport Hayabusa.
Suzuki is working on the next-gen Hayabusa.
UK-based Eisenberg Racing built this bespoke V8 motorcycle and is now accepting orders.
Another member of the original 300 kmh club is bidding farewell.
New and improved LTO system to make better (new) drivers on the road
Yamaha is quietly celebrating its anniversary, keeping its factory running so the world can move too.
Tired of red? The Panigale V2 now comes in white... and red.
MV Agusta takes the wraps off its biggest, baddest naked sport bike.
A rider group has filed a case against the Doble Plaka Law in hopes of receiving a Temporary Restraining Order against its implementation.
LTO will now roll out the 15-hour lecture prerequisite for student permit applicants.
Honda has updated its entry-level adventure tourer, the CB400X.
The quarantine backlog, combined with the new doble plaka change of ownership requirement, has caused long lines at emission testing centers.


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In case you didn’t think lollipops were phallic enough already, Moscow-based creative agency FIRMA recently dreamt up a series of concept lollipops themed after, what else, sex toys.
From the anal bead, cherry-flavored “Toys,” to the mace-shaped, blackberry-flavored “BDSM,” these sexy Chupa Chups are definitely not your childhood suckers, though we can imagine the sticky situations that could arise if little Johnny or Sally ever got their hands on one.
“Mommy, why would anyone want a lollipop that hurts your mouth with all those spiky things?”
“For reasons, Sally, for reasons.”
Still, you’ve got to wonder who came up with the candy that comes with two extra lollipops attached, dirty-minded or not. Luckily, FIRMA recently launched its five-year-old project—under the brand name “Sucker”— into the Russian market this past May, with global sales reportedly in the works.
The Sucker slogan says they’re meant for “adult girls and boys, who have no shame.” Now, that’s something we can totally get behind.
H/T + PicThx Design Taxi


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Anthony Ocampo remembers how difficult it was to come of age as a queer, Filipino American man in the early 2000s, an era defined by rigid standards of beauty.
One of the companies that set those very standards was Abercrombie & Fitch, the subject of the new Netflix documentary “White Hot: The Rise and Fall of Abercrombie & Fitch.” With the heavy aroma of its cologne wafting from stores and its highly stylized wall-to-ceiling ads featuring muscular, shirtless, white male models, the brand set the bar for what was considered attractive for men at the time, said Ocampo, a 40-year-old former store employee featured in the documentary. At one point, he bought into it, too.
“There was a part of me, perhaps, that bought Abercrombie clothes to assert masculinity,” he told NBC Asian America.
But Ocampo said he was unexpectedly barred from working at the store — because, he was later told, he's Filipino — and he became one of several employees of color who joined a 2003 class-action lawsuit accusing the company of discriminatory practices. Abercrombie settled the suit in 2004, paying out $40 million, but never formally admitted guilt.
While Ocampo said he was happy to rail against the company’s racist practices two decades ago, the brand’s aesthetic affected his own sense of attractiveness for some time.
Today, Ocampo — a sociology professor at California State Polytechnic University, Pomona — is vocal about the toll that selling such a narrow idea of cool, sexy and masculine had on him and other Asian American men, a group that had already been portrayed as emasculated in U.S. media.
“What I realized after that Abercrombie incident is that when it comes to that version of masculinity, I’m completely ineligible to play the game,” Ocampo said. “I’m not white, no matter how hard I exercise, no matter how much I deprive myself of food — I was never able to achieve anything even in proximity.”
“I realized that as much as masculinity shaped my life, there’s nothing necessarily that we should valorize about masculinity,” Ocampo added.
Abercrombie’s current CEO, Fran Horowitz, said in a statement that the documentary is “not reflective of who we are now” but acknowledged that it had, in its past, taken “exclusionary and inappropriate” actions under former leadership that have since been overhauled.
“We’ve evolved the organization, including making changes in management, prioritizing representation, implementing new policies, re-envisioning our store experiences and updating the ﬁt, size-range and style of our products,” Horowitz said in the statement. “We’re focused on inclusivity — and continuing that transformation is our enduring promise to you, our community.”
Featuring testimonies from former Abercrombie models, employees and executives, the documentary examines how the brand’s marketing and hiring practices in the late 1990s and early 2000s were meticulously constructed to produce an era-defining version of all-American “cool.”
But this vision of “cool” was discriminatory: Brown and Black employees accused the company of segregating them to the backrooms, and the company recruited conventionally attractive, thin, white college students from fraternities and sororities to work in the front of the store, according to the documentary. Meanwhile, workers of color, including Ocampo, were fired. The brand claimed it hired and fired on the basis of attractiveness — but the subtext was clear: People of color did not belong in Abercrombie’s exclusive culture.
Ocampo said that during his first year at Stanford University, in 1999, the clothing practically became the campus’s unofficial uniform. Surrounded by the Abercrombie aesthetic, Ocampo said he unintentionally bought into it, as well.
At the time, Ocampo was already struggling to attain Western standards of beauty. While he was proud of his Filipino background, purchasing the brand’s clothing meant purchasing a “proximity to whiteness” that was equated with attractiveness, he said. The brand’s homoerotic imagery also further inflamed his body image issues, said Ocampo, who noted he was not out at the time.
“In some ways, Abercrombie & Fitch, that white boy aesthetic, is like the pinnacle of not only for what was attractive in heterosexual environments, but also in LGBTQ environments,” Ocampo said. “That also, I think, affected me in a negative way because my perception of what the ideal gay man looks like was, even if the models weren’t gay themselves, it was that Abercrombie look.”
Ocampo acquired a few Abercrombie pieces on discount and ended up working at one of the stores during the winter season. He was promised a job if he wanted to come back in the summer, but when he returned, a brand representative told him they were unwilling to rehire him, he said.
“She didn’t give me a reason until I pressed,” Ocampo said. “She said, ‘Well, my manager says we can’t rehire you because we already have too many Filipinos working at this store,’ and that’s when I was stunned into silence.”
The brand’s aesthetic of exclusivity also permeated its marketing and seeped into its products. Logo tees that were wildly popular in the early 2000s featured several offensive designs. One of the most notorious was a T-shirt that featured racist caricatures of Asian men and read, “Wong Brothers laundry service — Two Wongs can make it white.” Another featured a smiling Buddha with a slogan that read, “Abercrombie and Fitch Buddha Bash — Get your Buddha on the floor.” Still another featured an Asian man in a rice-picker hat pulling a rickshaw.
“There were a lot of moments where Abercrombie as a brand hurt Asian men explicitly,” Ocampo said. “If you’re an Asian American man growing up in this time, and you don’t see any exposure to Asian men being desirable or attractive, and all you see represented in the most popular brand in America is this caricature of who Asian men are … that doesn’t really make you feel great.”
Ocampo said his experience with the brand still affects him in some ways today, saying it “dinged” his sense of self-confidence and made him feel less attractive. But it also set off a gradual, decadeslong journey in divesting from the importance of proving his masculinity.
“That was the first moment where I was like, ‘Masculinity can very much harm me,’” he said. “You can’t separate it out from whiteness and Americanness either.”
Brands like Abercrombie fed a deeply toxic culture in society that has yet to be erased, Ocampo said. He said he believes that, ultimately, masculinity remains a form of social currency. But it’s not one that people should uphold.
“I actually don’t think masculinity is something that we should strive for, because masculinity is often predicated on the oppression of women and queer people,” he said.


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February has now hit, and it appears Fortnite is in the season of events and cups.
A brand new event has now been found within the game files and it is apart of a brand new collaboration between Marvel and Fortnite.
Yes, you head it right! Flash will be coming to Fortnite and he will be getting a brand new cup to go along with the release of this skin!
Here is everything you need to know regarding the new event coming soon!
While Epic has not posted full details regarding the event, iFireMonkey has noted the event is going to take place on February 10th, 2021!
Below is the official statement regarding the event from the Epic Games blog post!
Want to get The Flash… faster?
On February 10, we’re celebrating The Flash in Fortnite with a The Flash Cup, a Duos tournament. Dash into the Battle Bus with your Duos partner and play up to 10 matches in a 3-hour window. The top-performing Duos in each region will unlock The Flash Outfit and the Speed Force Back Bling before they’re in the Item Shop!
iFireMonkey has also noted that the event is going to be the Duos game mode!
Since this is a cup centered around the new Flash skin, we can assume some of the top placers within the event are going to earn Flash skin free of charge.
The bundle is going to include the following:
- The Flash Outfit: Enter the battle as Barry Allen.
- The Speed Force Slashers Pickaxe: Lightning strikes twice with this dual-bolt Pickaxe.
- The Speed Force Back Bling: Display The Flash’s electrified emblem.
- The Quick Bite Emote: Grab a light(speed) snack.
The Flash Cup will be your first chance to earn the new skin, but the skin will be available for purchase within the item shop beginning February 13th, 2021!
Expect a price point of around 1500 Vbucks to 2000 Vbucks for the skin!
Leaks, News, and Rumors
Be sure to check back in a day or so, as we are sure more news may be revealed regarding the event!
For more articles like this, take a look at our Fortnite page.


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A recent study conducted by Frost & Sullivan indicates that an increased use of blockchain technology will grow alongside commercial vehicle automation and digitization.
Specifically, the study relates that blockchain technology is expected to have a gradual increase on the commercial vehicle (CV) industry, more so in the years following 2020. It cites key advantages that blockchain systems can deliver including “added transparency on ownership, price, and processes. It would also accelerate payment, enhance security, and eliminate fraud along with eliminating middlemen, reducing paperwork, and streamlining the supply chain.”
According to the study, "By 2025, 10–15% of the entire CV industry transactions are expected to be on blockchain; which will push OEMs and suppliers to invest actively in the blockchain infrastructure in partnership with tech consortiums, financial institutions, and regulatory establishments."
Heavy, medium, and light duty trucks were the target of the study, fleets of which can be expected to enjoy the benefits of the innovation. It is proposed that fleet operations can be made to run smoother as a result of blockchain-based investment by managing entities. Blockchain pilots for vehicle tracking, electric vehicle recharging, and toll automated collection are being piloted.
In addition to these benefits, blockchain technology can also provide expedited time frames for warranty issues and hastened recalls, which the study says is beneficial to both suppliers and consumers.
By bringing together all the participants into a single platform, the shift in technology provides a framework for the CV industry to pare down inefficient operational layers, thanks to the more robust infrastructure that blockchain systems can deliver.


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Evan Elevation, 1 of Fred Histrion Skip Mansion, poses in Linguist Hills, Mich., Wed, Jan. 6, 2016. Heap expects duty at his skip flat in suburban City to greater in 2016 by the side of with the machine production. (AP Image/Distressing Sancya)
Original Dynasty (AP) — Man’t search a mignonne function roar in 2016.
Companies in few industries and in decided parts of the U.S. could possess a strapping gathering, but complete, short businesses crapper look for a continuance of the plodding, scraggy cultivation they wise in 2015.
Surveys indicate owners usually take junior expectations in behalf of their companies in 2016. A inspect infatuated in Nov next to Fighting fit Metropolis & Co. institute 70 percentage of owners anticipate their companies’ business circumstances to be admissible in 12 months, broke from 74 proportionality in a appraise mid the summertime. Xlvii proportion predicted their receipts would be higher, poor from 51 proportionality.
Dull consumer defrayment, the lag in the propellant and lubricator industries and the still-unpredictable habitation superstore are predicted to hang on to companies prudent. Embarrassment approximately feasible shock attacks likewise is tenable to tot up to the indecision.
Painter Colorless, co-owner of Split Visualize, an inner plan unyielding with offices in Different Dynasty and Algonquian, feels that incertitude. Bloodless expects his clients’ lenders to enhance supplementary right-wing as they look for the after-effect of the statesmanlike choosing, creation it harder on projects to be financed.
Livid’s 2016 point of view likewise is heedful considering his presence specializes in draw up representing industries that are coating unequivocal challenges. E.g., about of the retailers Destroy Lay out complex with are chill invest in on their gang of stores. And Ruin Plan mechanism with the inn trade, which is contingent stout monetary development roughly the creation — something economists declare isn’t in the game representing 2016 set slowdowns in Dishware, Brasil and different countries.
“I put faith that we are in a duration of nervousness on the totality of fronts and that the brevity in the U.S. longing in to reproduce that in 2016,” Livid says.
Economist Histrion Contralto expects companies in the Midwest to take a tougher period than those on the Easternmost and Western coasts considering the drive and minelaying industries are struggling. Writer, leader economist with Slope of the Western, counted 123,000 jobs misspent in those industries from 2014 to 2015. And the fall headlong in commodities prices is pain companies related agronomy, he says.
Consumer defrayment has too archaic inconsistent in latest months, which has a administer conclusion on wee businesses resembling retailers and restaurants. Defrayal rise 0.3 proportion in Nov abaft stagnating in Oct, according to the Export Subdivision. Consumers possess station author legal tender into fund — $748 1000000000000 in Nov and $757 million in Oct, up from $723 1000000000 in Sept.
Consumers are complaisant to obtain cars but are if not added vigilant, Dramatist says.
“You be in want of to note the consumer touching on the totality of cylinders as a service to tiny businesses to note the packed impact,” he says.
Standard Aamodt, whose companions plans incarnate conferences and events akin to commerce shows, expects the saving and his calling to proceed with the ponderous, uniform increase he’s seen since the set-back.
“Businesses are dawn to lick the different frugality,” says Aamodt, chairwoman of Circumstance Policy Congregation, supported in Town Convention, Penn.
But Aamodt is cautious considering companies are continually on the lookout for construction to gash costs, and visit merchandising shows is commonly a a victim when budgets are slit. Knowledge akin to videoconferencing is and tumbling the demand in behalf of great collective gatherings.
Corporal expeditions container and be unprotected in the visage of augmentative concerns round fighting.
“It is a mad globe in which we’re life. It could the total of fair give at some period,” Aamodt says.
Tranquil, whatever companies are preggers a agreeable class. Evan Lot expects work at his leap mansion in suburban City to become larger in 2016 the length of with the machine assiduity.
With automobile transaction extending their recuperation from the set-back, his customers potty have the means non-necessities alike sashay lessons. Transaction of cars and starlight trucks are awaited to arrive a take down 17.7 cardinal vehicles that daylight, up from virtually 17.5 in 2015, according to the Northerly Denizen Dealers Guild. Lot is extrapolative his Fred Actor Bop Building disposition receive a 20 proportionality net income dilate, pursuing a better-than-expected 30 pct latest time.
“We are on a huge comeback I look for to endure be means of 2016,” says Elevation, whose igloo is placed in Linguist Hills, Cards.
String Author Rosenberg at protocol://web.chatter.com/JoyceMRosenberg


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Rising prices, or the public's feeling that they have been hurt by euro introduction, is one of the highest risks of transitioning to the new currency in Slovakia, states the National Plan for Euro Adoption in the Slovak Republic 2008-2009.
Consumers in most of the 12 countries that introduced the euro in 2002 admitted a feeling of excessive price hikes, the report confirms, yet those price hikes did not become a reality.
In those 12 countries, only 0.09- to 0.28-percent price growth could be ascribed to the euro. This was a small portion of the overall inflation of 2.5 percent. Nonetheless, consumers perceived significantly higher inflation, the report confirms. SITA
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
16. Sep 2008 at 7:00


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You are here
Uber says EVs will electrify its India fleet in two years
By : Sustainability ..., Feb 24, 2020
Ride-hailing app Uber plans to quadruple its electric vehicles fleet in India by the end of the year, leveraging strategic partnerships across the ecosystem, its top country executive told ET. Uber has more than 350 electric vehicles and plans to expand that to 1,500 by the...Read more..
Subject Tags: electric vehicle (EV) , EV fleet , OEMs , Uber Technologies Inc
Uber, Bengaluru-based Sun Mobility tie-up to offer electric three-wheelers in India in coming months
By : Sustainability ..., Jul 25, 2019
Ride-hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India electric auto-rickshaws in the coming months...Read more..
Subject Tags: air pollution , cleaner fuels , electric three-wheeler , Electric Vehicles (EV) , Sun mobility , Uber Technologies Inc
Mahindra to Deploy 50 Electric Vehicles in India on Uber Platform
By : Sustainability ..., Apr 29, 2019
Automaker Mahindra & Mahindra announced the deployment of 50 of its Electric Vehicles (EVs) to Uber, an on-demand ride-sharing company, to provide zero emission mobility here. Earlier,...Read more..
Subject Tags: e mobility , Electric Vehicles (EV) , Mahindra & Mahindra , public transportation , Uber Technologies Inc , Zero Emissions
Boeing-backed, electric-hybrid airliner set to hit market in 2022
By : sustainabilityo..., Oct 6, 2017
NEW YORK: A Seattle-area startup backed by the venture arms of Boeing Co and JetBlue Airways Corp plans to bring a small ...Read more..
Subject Tags: aviation , Boeing Co , Hybrid electric vehicles , Hybrid-electric airliner , JetBlue Airways Corp , Panasonic , Uber Technologies Inc


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What's Down: Many stores in Nicosia have pulled down their shutters while others are practically empty, reflecting Cyprus¿s poor economic state.
Bleak Christmas for many Cyprus retailers
Makarios Avenue in Nicosia has strung up its Christmas lights but many stores have pulled down their shutters while others are practically empty, reflecting Cyprus's poor economic state.
Malls on the outskirts of the capital are still thriving, but many Cypriots fear the entire Mediterranean island, exposed to debt-ridden Greek banks, will follow in Makarios Avenue's footsteps before too long.
"A few years ago you'd have to pay up to €500,000 in key money to set up shop on Makarios. Now, next to nothing," said Christos Styliou, the owner of a sports store and a games shop.
Mr Styliou's revenue has plummeted 60 per cent in a year, and he has had to let most of his staff go, make his own sales and deliveries, and keep stock at home so as not to pay for storage.
"Many of our clients lost their jobs, some had their salary cut by half," said Georgios Gakos, a veterinarian whose clinic is located in an upmarket area of the capital. "One who was coming once a month [to groom his dog] now comes just for the annual injections."
Dean Millard, a British craftsman who moved to Cyprus 26 years ago, owns a second-hand shop.
"People come to try and sell their furniture," he said. "The Cypriots are too proud to say it's because they need the money, but I know they do. And I can't help them. The only second-hand things that sell now are appliances like fridges and washing machines."
Mr Millard has also had to fire staff and his store barely breaks even. He tried to extend his bank loan for the business, but with interest rates of 10.5 per cent, he decided to borrow money instead from family.
The country has seen 5,000 small and medium-sized businesses fold in the past three years, according to Alekos Tryphonides, a member of the centrist Diko party and a civil service union leader.
Unemployment has risen to 12 per cent of the working-age population, without counting thousands of immigrant workers or illegal aliens, most of whom come from Sri Lanka, the Philippines and Vietnam, and were the first to see the work dry up.
The government has had to draw from pension funds just to afford December's payroll.
Taxes on cigarettes and fuel are increasing, as has the cost of electricity since an explosion in July last year that destroyed the island's main power station.
Many of Cyprus's inhabitants talk of emigrating, saying how a friend, a cousin or a neighbour has already gone to Australia, Germany, Russia.
Greece, however, is no longer an option.
* Agence France-Presse


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ZDNet UK: Clusters' First Stand
Nov 08, 2004, 23:30 (3 Talkback[s])
"It's easy to spot trends in IT--if Dell and HP are doing it,
it's a trend. The announcement that both companies are shipping new
clustering servers is significant, even without the additional news
that other players in the area are getting significant amounts of
investment. Clustering--the use of multiple computers and storage
devices to create what seems to be a single system--is coming out
of the engineering lab and into the enterprise. You no longer need
a lab coat to use it.
"This is significant for many reasons. It is another piece of
hard evidence that the future of computing is distributed--the core
model of one processor running a discrete set of applications is
becoming outdated, and fast..."


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Jobber Raises $60M USD to Help Small Home Service Businesses Modernize Their Operations, Increase Earning Potential and Exceed Consumer Expectations
Jobber offers an all-in-one SaaS and mobile solution built to serve as the command center for small home service businesses. The company’s platform is designed to manage the full customer lifecycle – from generating proposals and sending quotes to scheduling crews, dispatching jobs, invoicing customers and accepting in-person or electronic payments. More than 100,000 service professionals in 47 countries across 50 service segments rely on Jobber to keep their jobs on track, automate workflows and communicate with customers.
“We founded Jobber with a mission to help small businesses and the people behind them be successful,” said Sam Pillar, CEO and co-founder of Jobber. “Home service businesses are facing ever-increasing consumer expectations for a more seamless, digital experience while at the same time working to meet unprecedented demand. We are proud of the positive impact the Jobber platform has had on so many small businesses and the service professionals who lead them. We’re excited to be partnering with Summit as we continue to pursue our mission and build on Jobber’s leadership position in the home service category.”
There has been a tremendous shift in technology adoption among service professionals in recent years fueled by increasing consumer expectation for a seamless, transparent, technology-enabled service experience.
“Consumers today expect businesses to be highly responsive and to interact digitally,” explained Forrest Zeisler, CTO and co-founder of Jobber. “They want to book services online, pay with the click of a button, have automated reminders and more. If they need something fixed, customers want information in real-time, to know the name of the technician and when they will arrive.”
Colin Mistele, Principal at Summit Partners, has joined Jobber’s Board of Directors. “We believe the home service category is in the early stages of a significant digital transformation – and Jobber is paving the way for thousands of small and mid-sized services businesses that are working to incorporate digital tools in order to keep pace with customer expectations,” said Mistele. “The Jobber team blends strong product vision, data-driven market perspective and a customer-centric approach – a powerful combination that we believe will support the company’s continued rapid growth. We are thrilled to partner with the Jobber team – and we are excited about the future of this category.”
There are approximately five million small and medium-sized home service businesses in the United States, which contribute more than $550 billion to the economy each year.* While many small businesses faced significant challenges during the COVID-19 pandemic, the home service category – including lawn care, plumbing, HVAC, electrical contracting and other segments – has demonstrated remarkable resilience, benefiting from renewed consumer interest in improving and investing in home living spaces. Jobber’s latest quarterly Home Service Economic Report, which includes data from over 100,000 service professionals, finds that median revenue across home service businesses increased 23% year-over-year in December 2020, while newly scheduled work also saw an increase over 2019.
The trend towards digital adoption in home service was gaining momentum prior to COVID-19 and the pandemic has accelerated it. Jobber’s SaaS and mobile solutions help service professionals to navigate and operate in a touchless world. They can communicate with customers electronically, send quotes and invoices and accept payments online, supporting a clear long-term shift away from cash and checks towards “cashless” credit and debit transactions. Jobber Payments, the company’s payment processing solution, saw more than 80% growth in volume in 2020 and has now processed over $1.7 billion in transactions.
The strength of the home service category, digital transformation, and the company’s rapid, capital efficient growth have helped Jobber increase its new recurring revenue by 90% in 2020. The company added nearly 100 new hires last year, growing its overall workforce to more than 250 people and plans to hire an additional 200 team members in the next 12 months. Jobber is headquartered in Edmonton, Alberta, operates a second office in Toronto, Ontario, and has recently started hiring remote talent. The company has earned recognition for its rapid growth, strong corporate culture, innovative product, and record of strong customer service.
TD Securities Inc. served as an advisor to Jobber.
PAN Communications for Jobber
Public Relations Manager, Jobber


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He’s a pint-sized hero with a huge heart.
And while most wee boys are planning which of the latest toys they want from Santa, kind-hearted Kyle Richmond is spending his time bringing families together.
The compassionate nine-year-old was struck when he realised military families often spend the festive season apart.
And he’s given up his precious computer time to raise money for veterans’ charity Help for Heroes.
Now the lad from Bute Road in Cumnock has smashed his initial fundraising target by selling handmade craft gifts up and down the country.
The Greenmill Primary star pupil said: “It all happened because of my Xbox game ‘Black Ops 2’.
“I realised we haven’t done anything for our country and get to spend Christmas for our family – but our troops sometimes have to spend Christmas apart.
“People who have fought for us deserve to get home safe.
“And even as a child you can make a difference.”
Kyle, who’s planning a career in the forces or the police, took the initiative and started collecting pine cones which he treated with oil and decorated with glitter.
Now he’s spending up to three hours a day making bespoke gifts to sell at his travelling stall including place mats, Christmas cards and decorations, sweetie cakes and even ‘snowman soup’ - a special combination of hot chocolate powder and marshmallows ready to add to hot milk.
And the gifts have gone down a storm, with over £450 already raised for the worthy cause.
Now corporate sponsors are getting on board, with donations pouring in from big names like ASDA, Morrisons and Tesco.
Kyle has already been to RAF Leuchars with his craft stall and has been invited back by troops next month.
And he’ll be selling up a storm at the Cumnock Christmas market at the big lights switch-on on December 6, with other appearances planned.
Kyle’s proud parents Dee, 33, and Will, 28, say he’s always thought of others first. Every year he asks Santa to think of the children who don’t have much.
And out of his pocket money, animal lover Kyle already sponsors a snow leopard and a dog from Dogs Trust.
Staff nurse mum Dee said: “ I’m so proud.
“It doesn’t matter what he raises – the thought and imagination he’s put in is absolutely amazing.”
To show your support, see Kyle’s online charity page bmycharity/kylerichmond.


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When I started to write about “the fall of PR” I was nearly alone. Today there is soon over 500 000 hits on Google. The point is now what I call “beyond the tipping point.” In other words when a story has spread enough it will has its own life. Here is an blog post : “Is the PR Business Extinct? Yes.”
70% of today’s PR firms with their traditional public relations and communications business structures will not survive the fast-approaching social media avalanche.
CEO Fuat Kircaali, SYS-CON Media (Former executive at IBM and AT&T)
Other bloggers opinion is even stronger, there saying that 2009 is the last year the PR industry will be as power full as it is today. I will not take it that fare, but the tipping point has no limits. For the PR industry I think it’s time to change and adapt before the IT industry starts to take over their business as Mr Fuat points out.


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Detailed Notes on Drone Camera in Albany NY 12201
3D Robotics, which took a swing with its Solo drone, has exited The patron market place”the Solo is now only on sale at closeout price ranges. That is a disgrace, given that the Solo provides plenty of innovative features and might be a stellar choice for GoPro users if it weren’t hampered by subpar battery lifetime as well as a GPS which is slow to lock on to satellites.
1st-particular person see (“FPV”): With these units, the pilot can observe the road blocks blocking the way of your drone and avert them appropriately. Usually, you can see The trail with the quadcopter with a screen about the controller or on the smartphone. FPV cameras are typically employed for racing.
Toy Stores in Albany, New York 12201
Business Results 1 - 10 of 42
Drone Store in Albany New York
Business Results 1 - 10 of 17
Albany NY - BingNews Search results
Five local athletes headed to Albany for state wrestling tourney
and Bryce Rowe and Ben Szymanowski of Chautauqua Lake — have been chosen and will now push their physical limits to try and become New York State Champions this weekend at the NYSPHSAA State Wrestling Tournament in Albany. Colom currently sits as the No ...
A voting fix that could be made without any votes from Albany
When it comes to voter participation, New York is one of the worst states in the nation. "New York has some of the lowest turnout in the country," Democratic consultant Nomiki Konst said. "Under presidential primaries, it's the second-lowest turnout ...
New York Touts Economic Boom With South African Photo
A couple embraces on the Brooklyn Promenade as the Tribute in Light rises above the lower Manhattan skyline in 2017 in New York. Photo: Mark Lennihan / Associated Press ALBANY, New York — A New York economic development agency report meant to show the ...
$4.5M in NY state funds set for addiction treatment in NYC
ALBANY, N.Y. (AP) — New York state is making more than $4 million available to expand addiction treatment services in New York City neighborhoods. Gov. Andrew Cuomo announced Tuesday that up to $4.5 million will fund the operation of 100 residential ...
NY creates state certification for maple syrup
ALBANY, N.Y. — Watch out Vermont: New York is looking to boost its maple syrup industry by promoting syrup grown and processed within the state. Democratic Gov. Andrew Cuomo on Tuesday announced the new “New York State Grown and Certified” label as a ...


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The inaugural Cosmetics Business Regulatory Summit addressed the implementation of current cosmetics regulations in the real world.
The oft-used claim falls under "compliance with legal requirements" in regards to the European Commission's Common Criteria since the animal testing ban's inception
The brand has agreed to settle Federal Trade Commission charges regarding advertising for Généfique and Youth Code
Korean cosmetic makers hopeful that free trade agreement will eliminate duties on products when exported
New Indian government may impose a 20% anti-dumping duty on saturated fatty alcohols from other parts of Asia
China has implemented legislation banning animal testing for ordinary cosmetics produced and sold inside the country
Advertising Standards Council of India sets rules for advertisers of skin lightening creams
COSMOS-standard calls for legally recognised standard for labelling of natural and organic products
The European cosmetics industry should steer away from claiming its products are ‘free from’ preservatives and other similar ingredients, according to speakers at last month's Cosmetics Europe
Highlighting regulatory differences around the world for cosmetics manufacturing and marketing – examples from the US, Canada, Australia, China, Japan and South Korea
17 June sees day one of the Cosmetics Business Regulatory Summit held in Brussels, Belgium – LIVE UPDATES
The Bill comes following more than a year of high-profile campaigning and extensive work by animal rights campaigners
Sign in to see recommended stories here.


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Atari reports 11.9 million Q1 loss
Atari has filed its delayed Q1 financial report, posting a loss of USD 11.9 million or USD 0.89 per share
Atari has filed its delayed Q1 financial report, posting a loss of USD 11.9 million or USD 0.89 per share.
Losses were up more than 50 per cent from the year-earlier period, when Atari reported a net loss of USD 7.3 million, or USD 0.54 per share.
As reported earlier, Atari did not file its quarterly report for the period ending June 30, 2007. The company also delayed filing its annual report for the fiscal year ending March 31, 2007.
The annual report, eventually filed in September, showed a net loss for the year of USD 69.7 million.
With today's filing, the company anticipates that it will be current in its periodic reporting obligations. In July, NASDAQ had threatened Atari with delisting, granting the company an extension until November 5 to file the 10-Q form. Atari asked for an additional day.
Atari was recently served with a notice to terminate its Dragon Ball Z license by FUNimation, and previously sold its rights to the Stuntman and Driver franchises.
The company did not hold a conference call for first quarter results, but did hold a shareholders meeting today. In its quarterly report, Atari US stated that it had "substantial doubt about our ability to continue as a going concern."
Atari Europe remains unaffected.


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USDA to spend $38 million buying sugar to prevent costlier forfeitures
The U.S. Department of Agriculture said Monday it plans to stave off possible sugar loan forfeitures by purchasing approximately 300,000 tons of sugar from the U.S. market.
While the move is expected to bolster sagging U.S. sugar prices for producers, it is unlikely to impact what consumers pay for sugar or sugar-containing products such as cookies and candy.
“It won’t mean a thing in terms of what people pay for sugar off the grocery shelf,” said Jack Roney, director of economics and policy analysis for the American Sugar Alliance.
Record-breaking yields of sugar crops and a global surplus have driven down U.S. sugar prices. When transportation costs for imported sugar are figured in, both domestic and foreign sugar are going for slightly less than 20 cents a pound.
Under the program, the USDA will spend roughly $38 million to buy 300,000 tons of sugar from U.S. sugar cane and sugar beet processors. U.S. sugar refiners which normally import some sugar from foreign countries will be given an import credit when they buy the domestic sugar from the government.
“Today’s actions are designed to manage the sugar program while minimizing federal sugar program expenditures,” the USDA said.
In a Federal Register notice, the USDA said that loan forfeitures could have cost taxpayers up to $320 million. Sugar farmers can take out federal loans to finance their crops, with the crop as collateral.
Roney said it is hoped that the initiative will move domestic sugar out from under loan and result in the importation of less foreign sugar and the export of more domestic sugar.
“We applaud any actions aimed at reducing the dangerously oversupplied market flooded by imported, subsidized Mexican sugar,”said Clewiston-based U.S. Sugar spokeswoman Judy Sanchez.
The value of the refined and raw sugar from cane grown in Palm Beach County in 2011/2012 crop year was approximately $900 million, said Arthur Kirstein, agricultural economist for the University of Florida/Palm Beach County.
“Under NAFTA Mexico has an open border on sugar imported into the U.S.,” said Kirstein. “Mexico alone will import into the U.S approximately the production of sugar in Florida.”
U.S. Sugar and Florida’s two other sugar companies produced 1.86 million tons in the season that wrapped up this spring. The others are Florida Crystals Corp. in West Palm Beach and the Sugar Cane Growers of Florida in Belle Glade.
The value of the most recent production has not been determined yet, but it is expected to be considerably lower than other recent years, Kirstein said.
Every country in the world subsidizes its sugar crop, and the U.S. sugar program is designed to help Florida and other U.S. farmers compete. The program exists to ensure a steady and balanced domestic sugar supply and to support jobs.


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[INSIDERS] Coinbase, EV Hive and SoftBank, Brigad, Sharp and Toshiba …
California startup Coinbase announced on a blog note the opening of an office in Japan. Coinbase, one of the largest cryptocurrency exchanges, operates in 32 countries, serving more than 20 million customers. The company still needs to obtain a license from the authorities before deploying to the archipelago.
Nao Kitazawa, former investment banker at Morgan Stanley Japan, has been appointed CEO of the subsidiary. Japan has 3.5 million investors in bitcoin and other cryptocurrencies, or 2.7% of the total population, according to a study by the Japanese Financial Services Agency published in April 2018.
The largest Indonesian co-working operator has just announced a fundraising of 20 million dollars. This round of funding is led by SoftBank Ventures Korea (a subsidiary of Japanese conglomerate SoftBank), H&CK Partners and Tigris Investment. Among the investors are also H&CK Partners, Tigris Capital, STIC Investments, the Korean internet portal Naver, and Line Ventures, the investment vehicle of the Japanese messenger Line.
This A Series aims to grow the company and its brand in Indonesia and Southeast Asia. EV Hive, based in Jakarta, plans to open 100 sites outside of its home market, notably in Vietnam, the Philippines and Thailand.
EV Hive was founded in 2015, and currently operates 21 workspaces in Indonesia, covering an area of over 30,000 square meters. Ev Hive claims 3,500 tenants per month, and around 5,000 customers on the daily pass. It plans to open two additional centers in the Indonesian capital. The startup had raised $ 800,000 in May 2017, then $ 3.5 million in September of the same year.
The coworking and collaborative work market in Asia is booming, and major deals follow one another at a sustained pace, with millions of dollars: raising of 3 million dollars from its rival ReWork from the Chinese UCommune ( ex-UrWork), takeover of Woo Space and New Space by the same UCommune, then merger of UCommune with its rival WorkingDom, raising of $ 177 million for the Singaporean JustCo, etc. The American unicorn WeWork, which is backed by the parent company of SoftBank Ventures Korea, also announced the opening of new spaces in Jakarta.
Toshiba is offloading much of its PC business to another Japanese company, Sharp. Following the transaction, which amounts to 4 billion yen (31 million euros at the price retained by the group) Sharp will own 80.1% of Toshiba Client Solutions (PC, mobile computing for professionals and on-board recorders ). Toshiba will keep the remaining 19.9%.
Toshiba’s PC division, which was once world number one, is now in deficit. In 2017-2018, the operating loss reached 65 million euros. For its part, to face a difficult period, Sharp had abandoned its PC business. Since then, the company has been bought by the Taiwanese Hon Hai, better known under the trade name Foxconn, and wishes to combine its technologies, screens, various sensors and computer platforms, with those which belonged to Toshiba.
Brigad, the French platform specializing in connecting businesses and staff in the hotel and catering industry, is expanding with the opening of an office in London. The startup was already present in Paris and Lyon.
This announcement is part of the company’s international expansion strategy. Upstream of its installation across the Channel, the company has already established partnerships, in particular with the Caravan restaurant chain. Brigad’s solution was launched in 2016.
Interview with Florent Malbranche, co-founder of Brigad, conducted in September 2017.


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The ADuM3190S is an isolated error amplifier intended for use with linear feedback power supplies. The transfer function of this device is stable over a wide temperature range and over the lifetime of the device.
July 19, 2018 by Mark Hughes
A new DC/DC converter that offers boost, SEPIC, and voltage inverting functionality, making it suitable for a variety of applications from automotive to telecom to portable electronics.
January 29, 2018 by Nick Davis
With everything going wireless it comes as no surprise that even speakers are using Bluetooth! In this Teardown Tuesday, we will strip down a Sony Bluetooth Speaker to see how they are put together and what parts they consist of.
May 16, 2017 by Robin Mitchell
A new Bluetooth wristband traces a person's contact with other wristband wearers, and if that person tests positive for COVID-19, other contacts are notified to quarantine. But does this new device cross the lines of privacy?
15 hours ago by Robin Mitchell
A pair of researchers from Samara Polytech’s Department of Theoretical and Basic Electrical Engineering have designed an electrical starter generator that could be used in hybrid cars.
2 days ago by Luke James
With reports suggesting that COVID-19 will have a significant impact on the semiconductor market, the Semiconductor Industry Association has stepped in to remind the world of just how important the industry is both generally and during this outbreak, and to ensure the continuity of its operations.
3 days ago by Luke James
The human tragedy that is COVID-19 has a growing impact on the global economy, and just as the semiconductor industry was on the cusp of springing back from a period of downturn, COVID-19 is threatening its recovery.
5 days ago by Luke James


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On its IPO last week, SuccessFactors (Nasdaq: SFSF ) certainly lived up to its name. The company's stock price spiked 12% to $12.68 from its IPO price of $10. Still, there could be some turbulence ahead for investors.
SuccessFactors develops Web-based software to help companies manage recruiting, employee learning, compensation, and succession planning. There are more than 1,400 customers and more than 2 million users. Some of the customers include biggies like ConAgra Foods (NYSE: CAG ) , Goldman Sachs (NYSE: GS ) , and Symantec (Nasdaq: SYMC ) .
For the first nine months of this year, SuccessFactors' revenue has surged 110% to $44.1 million. It helps that the company has strong strategic relationships, such as with IBM (NYSE: IBM ) and Mercer. SuccessFactors has also built a solid technology foundation. For example, the company has released major enhancements to its products every month for the past six years. However, SuccessFactors has ramped its expenses with abandon. In fact, the company spends 111% of its revenue on sales and marketing. The downside is that the net loss for this year is a stunning $49.1 million.
Keep in mind that SuccessFactors' key competitors, Kenexa (Nasdaq: KNXA ) and Taleo (Nasdaq: TLEO ) , are profitable. They are also selling at multiples of two to five times revenue, respectively. As for SuccessFactors, it is trading at about 10 times revenue.
So while SuccessFactors has a solid product and is growing rapidly, the stock is far from cheap. And the company is in an emerging technology sector, which can be volatile. Just look at the 40% drop in Kenexa's stock price because of its soft Q3 results. In other words, Foolish investors may want to hold off on SuccessFactors for now.
For more Foolishness:


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DIET soft drinks increase your risk of heart disease and stroke by 10%, according to one study.
Less than a can a day could be enough to harm your health.
Millions of Britons drink sugar-free sugary drinks because they contain zero calories.
But scientists at France’s National Institute of Health say it’s wrong to consider artificial sweeteners a completely safe substitute for sugar.
Writing in the British Medical Journal, lead author Dr Mathilde Touvier said: “This study suggests an association between higher consumption of artificial sweeteners and an increased risk of heart disease.
“Artificial sweeteners are found in thousands of food and drink brands around the world.
“However, they remain a controversial topic and are currently being reassessed by health agencies.”
The study said 77.6 mg of sweetener per day was average for a “heavy consumer” and 7.5 mg per day was low.
An average diet soft drink contains 42mg per 100ml, she added – 140mg per can.
This means that half a box may be bad for you.
Data from 130,000 French people revealed that a third of people regularly consume the sugar exchanges, which include aspartame, sucralose and acesulfame potassium.
High consumers of sweeteners had a rate of heart disease of 346 per 100,000, or 10% higher than 314 per 100,000 for the lowest.
Their stroke rate was 195 versus 150, an increase of 30%.
Dr Touvier added: “These food additives, consumed daily by millions of people, should not be considered a healthy and safe alternative to sugar.”
NHS advice says sweeteners are safe and can help keep blood sugar low for diabetics and reduce the risk of tooth decay.
Tracy Parker of the British Heart Foundation said more research into sweeteners was needed.
She said: ‘Approval before they can be added to food is a rigorous process, so you can be sure they are safe to eat.
“While these results shouldn’t worry you too much, it’s always a good idea to watch the amount of sugar and sweeteners in your diet.”


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- Digital India
- 2 min read
1,000 new charging points for electric vehicles coming up across Delhi: DDC
Around 1,000 new charging points for electric vehicles (EV) are expected to come up across the city.
"Shopping malls are our partners in pushing the agenda for e-mobility and reduced pollution. In addition to incentives and the guidebook launched today, Delhi government will also provide hand-holding support through the state EV Cell to all the malls that commit to install chargers at parking slots in the next 6 months," DDC vice chairman Jasmine Shah said.
Shopping mall representatives welcomed the Delhi government's initiative of promoting EVs and expressed their support to installing EV chargers in their malls for at least five percent of their parking space in the next six months, the statement said.
Providing EV charging facility can benefit shopping malls through increased footfall, increased time spent by customers, improved visibility, boost to their 'green' image, improved customer loyalty and it can potentially be an additional revenue stream for the mall owners, it said.
The released document guides shopping mall owners in understanding the importance of EV charging, assessing the scope for EV charging, details the processes involved for effective decision-making and sets out the way forward for the planning and implementation of EV charging stations in the parking of malls, the statement said.
An average customer spends around 90 minutes in a Delhi shopping mall. So, having an extensive EV charging infrastructure in shopping malls would help customers in charging their vehicles without wasting any additional time, said Amit Bhatt, executive director of WRI.
Shopping mall operators are always looking for various new ways of improving footfall in their malls and installing EV chargers is a great addition to the services, said Abhishek Bansal, executive director, Pacific Malls
"We have operationalised 9 EV charging stations and are installing another 6 charging stations," he was quoted as saying in the statement.
Yogeshwar Sharma, executive director, Select Citywalk, extended his "complete support" to the initiative and said that the mall intends to target putting chargers for EVs beyond just five percent of the parking space.
The Delhi government announced the Delhi Electric Vehicle Policy in August 2020, with a vision to promote the adoption of electric vehicles in the city and to make the city EV Capital of India.


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Around Agbogbloshie, the world's largest e-waste dump, cattle, goats, and other livestock, which are still raised for meat consumption, are seen grazing on the dust-laden spaces, thus inadvertently consuming e-waste toxins. A new pollution index has declared Accra the world ultimate city of pollution.
All electronic devices contain toxic chemicals which, even if they are recyclable, make it expensive to do so. As a result, illegal dumping has become a lucrative business and this phenomenon increases the world level of pollution and climate change.
Our cell phones and laptops contain trace amounts of valuable metals like copper and gold. When junked electronics coming from all over the western world are processed inside this area, they lead to dangerous levels of pollution. Sheathed cables are burnt to get at the copper material inside, often using Styrofoam packaging as fuel. Those cables contain heavy metals like lead, which can migrate from the smoke into the soil. Samples taken from around Agbogbloshie indicate lead levels as high as 18,125 parts per million—as much as 45 times higher than U.S. standards.
Consider this before buying the latest model of your favorite electronic device.
photo © Marco Garofalo/2018
#ghana #accra #africa #agbogbloshie #cattle #animals #cows #dump #dumpingsite #pollution #climatechange #everydayclimatechange #heavymetals #poison #toxic #meatconsumption #hearthday


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Following four years of sellout success with Nickel City Chef, Christa Glennie Seychew is adding a new series to Feed Your Soul's lineup of events showcasing local culinary talents and the farmers they adore.
Nickel City Firing Line is a live cooking competition that resembles Food Network's popular show "Chopped." Buffalo-area sous chefs will have mere minutes to create dishes before facing a panel of critics. Unlike the television show, Firing Line will feature fine snacks and a cash bar for the audience, plus a chance to vote on the winner.
Preliminaries Nov. 7 and Nov. 14 will narrow the field from six to two. The survivors will tackle a market basket and a secret ingredient in the Dec. 2 finale, all at Artisan Kitchens, 200 Amherst St.
Tickets, $32, go on sale online this morning through eatlocalbuffalo.com, and will probably sell out quickly.
On Monday, $30 tickets go on sale for Big Fuss, an Oct. 24 party raising money for a local farmer, organized by Seychew's Feed Your Soul events. Bistro Europa's Steve Gedra is in charge of the food, and 100 percent of proceeds go to a farmer helping feed Western New York.
There's also $29 tickets available for Nickel City Cupcake Challenge, a Nov. 4 event featuring three local cupcake specialists battling for Buffalo's cupcake crown.


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Gaming laptops sporting a 600Hz display became an option last week thanks to Chinese manufacturer BOE.
Dell may be offering a 480Hz refresh rate on some Alienware laptops, and Asus has teased a 500Hz display, but BOE is going a step further with a 16-inch laptop display capable of achieving a 600Hz refresh rate.
As TechSpot reports, BOE hasn't revealed anything about this new display other than the size and refresh rate. We therefore don't know if it's a IPS, TA, or VA LCD panel, the display resolution, or when exactly we can expect to see it appear in a commercial laptop.
BOE used the World Display Industry Conference held in Chengdu, China last week to introduce a working version of the display in a laptop. However, no specs were revealed about the laptop other than the fact it was running an AMD Ryzen processor and had Nvidia RTX stickers on the casing.
The appeal of a 600Hz laptop display is certainly going to be niche. When Nvidia and Asus debuted their 500Hz gaming monitor back in May, it was aimed squarely at the esports crowd who desire the best motion clarity and highest frame rates. Of course you also need the CPU/GPU combination to allow for that. Does such a combination exist yet to take full advantage of 600Hz?
It's usually the case that when new hardware pushes the limits higher, and as other components get faster, the question inevitably changes from "why?" to "why not?" And as soon as one gaming laptop ships with a 600Hz panel, others will surely follow.
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Bakkt has announced that it has raised $182.5 million. The raised funds are to be used in the building of its global digital assets platform and its development of Bitcoin futures product.
New Opportunities For Bakkt
According to a post on the Medium, made by the firm’s chief executive Kelly Loeffler, the funding round was made possible through its cooperation with twelve of its partners. The ICE (Intercontinental Exchange), the New York Stock Exchange’s (NYSE) parent company, owns the crypto start-up. This was the first funding round held by the firm.
Of the twelve partners involved in the funding round included Protocol Ventures, Galaxy Digital, Pantera Capital, ICE, Boston Consulting Group, and Microsoft’s VC fund.
In her statement Loeffler stated that as a firm Bakkt was dedicated to the opportunities of building new infrastructures available. The statement pointed out among these was the opportunity to build the first regulated exchange, which would be the industry’s first, and establish clearing and warehouse services.
Further Delays In Launch Of Institutional Grade Product
In another announcement which was made on Monday, the firm revealed that it would be further delaying the launch of its Bitcoin futures market. Many players within the Crypto community had predicted that the launch would be delayed. The initial set date for the launch was the 24th of January; the firm is yet to announce an alternative date.
This is the second time the launch has been delayed with the chief executive having pushed the previous launch date to the 24th of January, which has now been postponed. The announcement of the first postponement was made in November, last year.
The released explained the reason for the postponement as being the consultations it was making with the U.S. Commodity Futures Trading Commission. The new launch date is expected to be announced early this year. With these delays having caused a lot of impatience on the part of Bitcoin holders looking for a reprieve against the tough current market, the new announcement called for a little patience. Many Bitcoin holders were depending on the anticipated institutional grade product to get some weight off the current bearish crypto market.
Bakkt Calls For Patience
Pointing out that the development team at Bakkt is largely comprised veterans from other financial markets, Loeffler stated that the development of new markets was no a linear process. She stated that the process goes through innovation, dismissal, reinvention and acceptance before the product could be launched.
She continued by saying that there were risks involved in rushing the process. Loeffler pointed out that although access of information during the process of technological innovation was important; the risk was marking to market the products before they had matured. She noted that few innovations which had taken this route had the opportunity to reach their full potential. Bakkt has not released any further statement to this end.
Paul Veradittakit, from Pantera Capital, has said that as a firm Pantera is delighted to partner with Bakkt in its aim to develop the necessary infrastructure for retail and institutional investors.