text:
Target's U.S. executives say they are blown away with consumer response to the opening of the chain's first 24 stores in Canada and expect the foray will be profitable next year.
Chief financial officer John Mulligan told CIBC's retail conference on Thursday that reaction has been like Black Friday and Boxing Day, two key shopping days that traditionally drive high spending.
"It's like having that every single day, all day long, so it's been quite remarkable the response," Mulligan said of the openings in the Toronto area.
Target has been criticized during its unofficial "soft openings" for running out of some products in the frenzy to keep up with demand. Milk has been a big seller, which Mulligan said is a very important sign because groceries drive how frequently shoppers visit stores and encourage important midweek purchases.
Minnesota-based Target (NYSE:TGT) plans to open an addition 100 stores in Canada this year, reaching 150 locations by 2017 when its Canadian operations are expected to generation 10 per cent of systemwide earnings.
"We have seen overwhelming response as Canadian consumers have come into the stores and we're thrilled by that, that's a great problem to have, more people than we expected," Mulligan said.
While Canada's retail environment is less competitive than the U.S. with lower per capita square footage, Target said it is entering a market with very, very strong local operators, particularly grocery chains and Canadian Tire, along with U.S. stalwarts like Walmart and Costco.
"So when we look across, we recognize that this is an area with very strong competition and we need to do the things we do well, extremely well," Mulligan said.
That means competing with local rivals on price, even if they are higher than in the United States and differentiating itself on assortment and style.
One way the company says it has set itself apart has been to work with musicians such as Justin Timberlake and Taylor Swift to offer extra tracks on their CDs sold in Target stores.
Mulligan said Target's research has found that consumer behaviour is similar in Canada and the U.S. He said the top thing the chain has heard is Canadians want the same retail experience as in the U.S., not "Target Light" or "Target Canada."
However, the novelty of entering Quebec in a new language has prompted Target to purposefully delay store openings in the French-speaking province.
"There's a reason that Quebec comes late in the opening cycles. There's a lot for us to learn and we spent a lot of time trying to learn everything we're going to need to do to enter there appropriately."
While Target's first Canadian store openings have generated buzz, several of the country's leading retailers say the arrival of the U.S. giant has so far had a limited impact on them.
Supermarket chains Metro Inc. (TSX:MRU) and Empire Co. (TSX:EMP.A) said Target's food offerings so far have mainly been in dry groceries and that prices are similar to the discounted levels already seen in Ontario's highly competitive market.
"The pricing is at or about the discount pricing in the market so we didn't see price disruption coming from Target so far but it's early," Metro CEO Eric La Fleche told the Toronto conference.
Just weeks after the first Target stores opened, some Metro stores have seen traffic increase while others have lost some grocery sales. However, La Fleche said it was too early to tell what the impact of Target has been.
Mulligan said that driving traffic to Target stores from food sales is less important than in the U.S. because of the prime locations of the former Zeller's stores in Canada.
Empire, which operates Sobey's and the Freshco discount banner and is a wholesaler of some products for Target, said the competitor's arrival has actually increased consumer traffic to its nearby locations.
"We believe our differentiated food offering will allow us to continue to convince customers that although there are opportunities to serve parts of their grocery needs at other players, that if you are looking to do a full grocery shop in this country we are still the best full-service provider in order to meet those customer needs," chief financial officer Paul Jewer told the conference.
Canadian Tire (TSX:CTC) said it has been preparing for heightened competition by renovating stores, adding new formats, introducing new technology and preparing to launch online shopping later this year.
Two years ago it reviewed its outdoor living category and made changes to appeal to consumers. A similar opportunity exists in hunting, fishing and tools.
"We believe we can improve our execution and our offering to our consumers to keep us the top of mind," said Marco Marrone, chief operating officer.
CIBC World Markets said discount department stores are poised to take more market share in the coming year as debt-conscious consumers and relatively stagnant wage growth weighs on retail spending.
"Canadians have heard the message from Ottawa: be careful what you borrow for. But turning more prudent on debt accumulation has meant leaner times for retail spending growth over the last year," chief economist Avery Shenfeld wrote in a report published for the conference.
Retail sales grew just 2.5 per cent last year marking the second year of decrease from the 5.6 per cent growth in 2010 when Canadians were more eager to borrow at low rates to finance their shopping sprees.
Disposable income gains will likely remain modest this year.
"In that climate, discount stores will continue to grab market share, particularly given the entry of a major U.S.-based player this year," Shenfeld said.
After a peaceful and prosperous decade for Canadian retailers, large U.S. retailers including Target, Nordstrom and international specialty retailers are beginning to offer some competitive disruption, added CIBC analyst Perry Caicco.
These developments "will test the resolve and resiliency of Canadian retailers, large and small" for the next few years, he said. However, he said the competition will "make it a good time to be a consumer as choices will continue to expand and prices will come down."


text:
China Warns Large Tech Firms as Industry Faces Rising Oversight
Tencent, ByteDance and JD.com were among the firms ordered to change business practices that regulators see as risky
China is reining in the ability of the country’s internet giants to use big data for lending, money-management and similar businesses, ending an era of rapid growth that authorities said posed dangers for the financial system.
On Thursday, China’s central bank and other regulators ordered 13 firms, including many of the biggest names in the technology sector, to adhere to much tighter regulation of their data and lending practices.
Top Walmart coupon: 15% off all purchases
Nike Red, White & Blue Savings: Up to 60% off hot summer gear
- Dick's Sporting Goods:
10% off sitewide - Dick's Sporting Goods coupons
- Ulta Beauty:
Ulta Beauty Exclusive App Sale: 30% off top-brand hair tools
- Best Buy:
Save 15% or more from Best Buy deal of the Day
Journeys coupon: Get $10 off $50+ orders

domain: news


text:
Data breaches during a supply chain shortage
Recent years have seen supply chain shortages in the realm of products like mobile devices and automotive vehicles. Often this has been due to a lack of components like semiconductor chips, which are used in these products and can thus impact things like public transportation. Not only that, but in the event of such a shortage, the price of older vehicles goes up. The importance of this chain on consumers’ daily lives shouldn’t be underestimated.
Neither should the necessity of securing sensitive data and protecting customers from cybercrime. When Europe’s largest semiconductor manufacturer, NXP, gets hacked, it’s an even bigger deal than usual. Chimera, a Chinese-tied hacker group, is the culprit in this case. From 2017 to 2020, the group stealthily infiltrated NXP’s network, leveraging previous breaches to gain credentials from Facebook and Linkedin. From there, they would launch brute force attacks and even change phone numbers to circumvent two factor authentication (2FA), before finally deploying their hacking tool known as ChimeRAR and exfiltrating the desired data.
It seems that in the wake of the breach, NXP has tried to downplay its severity, as well as the likelihood of any risk to affected individuals. Along that line of thought, the company judged it unnecessary to publicly reveal the incident, despite acknowledging the theft of its intellectual property.
It is not yet clear how many customers were impacted, or which regulations NXP may have violated in keeping their silence. Across the globe, new standards have been enacted that leverage harsh penalties against organizations that fail to report on data breaches that affect a certain number of people. From Europe’s GDPR to the myriad state-by-state laws in the US, in lieu of a unified national standard, government agencies are requiring strict adherence by entities to who handle personal data. Efforts to achieve this compliance (and avoid failure) are not inconsiderable, and impose extra pressure on these firms.
To help ease the burden of data protection and compliance, NetLib Security offers its powerful data encryption platform, Encryptionizer, across physical, virtual, and cloud environments. Encryptionizer transparently encrypts an organization’s stored data, making it illegible to intruders who break through network perimeter defenses or trick an employee into giving up access credentials. With no additional programming or impact on performance, Encryptionizer also helps companies meet compliance requirements such as GDPR, HIPAA Omnibus and HITECH, and FIPS 140-2, mitigating official penalties in the event of a security incident.
Request a free evaluation here to show you how NetLIb Security can help you effortlessly protect your data.


text:
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China.
Bobby Yip | Reuters
Elon Musk has run two ambitious tech companies at the same time ever since he became chair and later CEO of electric vehicle maker Tesla while also leading SpaceX, his reusable rocket and satellite internet business.
He went on to launch a computer-brain interface startup, Neuralink, and a drilling business called Boring Co. in 2017, and is in the midst of a contentious lawsuit with Twitter over a buyout gone awry.
With his attention divided, Musk relies on a large team of deputies —more than 20 people today — to keep business rolling at Tesla. His cast of direct reports shifts often with strategic or organizational changes, occasional “spot firings” by the mercurial CEO, and resignations.
Here are the direct reports we know about as of September 2022. The data was gathered from interviews with current and recent Tesla employees, LinkedIn profiles, internal and public records from Tesla, and may not include all of the people who report to him.
Headcount numbers are approximate and refer to the number of people each of Musk’s direct reports was managing as of early September.
About 22% of the CEO’s direct reports are now based in Texas, around half are still based in California, and more than 90% are men.
Musk will need to lean on these deputies as Tesla works to bring its new factories in Gruenheide, Germany, and Austin, Texas, to full production, and to demonstrate progress on his many other goals.
Musk has told shareholders and fans that Tesla will “solve Full Self-Driving” this year, improve vehicle service and repairs, and start deliveries of the experimental Cybertruck pickup by midyear 2023. He also said that Tesla would shore up its battery-manufacturing capabilities to be able to produce 100 gigawatt-hours worth of 4680 batteries on its own this year, enough to power more than 1 million of its cars.
Musk’s direct reports have also recently needed to navigate through headcount reductions amid uncertain economic times.
The CEO abruptly announced a steep cut to the Tesla workforce at the end of May during a challenging second quarter that was marked by Russia’s invasion of Ukraine and Covid-19 outbreaks in China.
In June, Tesla closed an entire Autopilot office in San Mateo, California, and dismissed at least some employees who were previously authorized for remote work but who did not agree to an order by Musk to work at a Tesla office at least 40 hours per week. The CEO cited a “super bad feeling” about the economy in an e-mail to Tesla staff in June.
Tesla’s former senior director of artificial intelligence, Andrej Karpathy, was not among those who Musk laid off or fired, however — he announced his resignation from the company formally in July. Autopilot leader Ashok Elluswamy is reporting directly to Musk for the time being.
Other Musk direct reports who parted ways with Tesla in 2022 have included former Nevada Gigafactory VP Chris Lister, as CNBC previously reported, and Jean Frazier, who was Tesla’s senior director of employee relations, according to internal documents viewed by CNBC.
David Searle, who previously headed up Tesla’s legal department, is still employed there, records indicate. Insiders said they expect Searle to leave in coming months as he previously managed more than a dozen employees, and now has only one direct report listed on internal organization charts.
According to public and internal records, Senior Director of Legal Dinna Eskin is now acting as the manager of Tesla’s legal department and is effectively the company’s general counsel. Tesla hasn’t employed a person with the title of general counsel officially since late 2019.
Schumer pledges to keep senators in Washington until rail deal is done
SLOCG's Ilia Isorelýs Paulino Is Doing More Than Scene Stealing
22 Luxury Gifts to Splurge on for the Person Who Has Everything
British Royals Prince William and Kate Middleton leave Celtics game during their visit to Boston | Fox News Video
Horse racing tips: Bash the bookies with these three longshots on a cracking Sandown card
“Not the homosexual is perverted”: filmmaker Rosa von Praunheim turns 80
5 Thanksgiving Food Safety Mistakes That Can Make You Seriously Sick
For the Last Time: Body Types Are Not Trends
How to Cope If Family Gatherings Trigger Your Social Anxiety
Dtech IPO In Shenzhen Mints New China Billionaire Couple
How ‘Buy Now, Pay Later’ Really Works
Is Curtis the Head Elf in ‘The Santa Clauses’?
Stock Market Will Get Worse In 2023 Before It Gets Better, JPMorgan Says
The best Cyber Week 2022 deals you can get right now!
The Big Problem With Spotify Wrapped
Auto19 hours ago
Toyota GR Prius Renderings Imagine A Performance Hybrid That Won’t Exist
News20 hours ago
‘Love & Marriage: Huntsville’: Why Melody Holt Says Staying With Martell Amid His Cheating Was ‘Biggest Betrayal to Herself’
Lifestyle19 hours ago
'GMA' Anchors Amy Robach and T.J. Holmes' Candid Quotes About Each Other
News21 hours ago
Saudi Arabia vs Mexico – World Cup 2022: Live score, team news and updates
Finance24 hours ago
Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office
Auto17 hours ago
Nissan Borrows $1.4 Billion To Make EV, Carbon-Neutral Investments
News19 hours ago
Fox News continues cable news dominance in November, ‘The Five’ most-watched show for eighth-straight month
Lifestyle11 hours ago
Musk Says Apple CEO Cleared Up ‘Misunderstanding’ About Twitter Potentially Being Removed From App Store


text:
Dubai Multi Commodities Centre (DMCC) displayed its Eid Al Adha greetings to the world and a message to global diamond traders on the side of the world’s tallest building.
To mark the campaign launch, DMCC announced that new company registrations would be offered a free 12-month membership of the Dubai Diamond Exchange (DDE), home to 1000 diamond companies in Dubai.
“The trade of precious metals and stones is a critical pillar of the nation’s economic diversification agenda," according to His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade at the UAE Ministry of Economy.
"The UAE Ministry of Economy is focused on catalysing a new phase of economic growth and development in the country, and supporting the trade connected to diamonds is a priority," said Al Zayoudi.
"Any initiative that connects the UAE with partners around the world and showcases the exciting business opportunities that exists here is one to be supported. DMCC should be commended for their work in this space and ambitious vision for commodities,” he continued.
DMCC hopes to attract global players to Dubai by showing its versatility, says Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.
“Right across the supply chain, the diamond industry is passing through a period of turbulence," he said. "For many, the change that will follow is seen as an unpredictable threat. But for Dubai, it is an opportunity."
The growth in value of Dubai's rough and polished diamond trade increased from AED13.2 billion in 2003, to AED91.8 billion in 2018.


text:
The Strokes set to release new single, 'All the Time'
The station are reporting that RCA Records sent them new track titled 'All the Time', which will feature on their forthcoming fifth album.
If they don't follow this up with a Justin Timberlake-style announcement video and countdown, will anyone care? Probably. More on this soon.
Purchase and listen
The Strokes are set to give away their brand new track âUnder Cover Of Darknessâ as a free download via their website tomorrow Wednesday February 9th at 7.35pm. The track is taken from their fourth album Angles, which is out on March 21st via Rough Trade Records. It will be available to download for free for 48 hours from www.thestrokes.com. âUnder Cover Of Darknessâ will be available to purchase as a limited edition 7â on Record Shop Day (16th April). [read more]
Azealia Banks sticks to crooning on her cover of 'Barely Legal' by the Strokes. [read more]
Check out the video for 'Under Cover Of Darkness' by The Strokes. It's taken from their new album, Angles, which is out March 21st. [read more]


text:
It was widely expected that Google’s new Android mobile operating system would be called Key Lime Pie, following the tradition of oddball names (Gingerbread, Ice Cream Sandwich, Jelly Bean etc) but it has now been announced that the next version will be called…KitKat.
Malaware protection is becoming an important factor for mobile phone manufacturers and Samsung has signed a deal with an anti-virus firm to offer improved protection to its Galaxy-branded Android devices. Samsung beefs up Knox malware protection with Lookout
Whatsapp is adding the ability to record and send voice messages to its smartphone chat software in a move seen as helping it compete against Facebook Messenger, WeChat, Voxer and BBM which already offer the function. There will be no limit on the length of the voice messages.
Seeing is believing, or is it? Can you ever really believe what you are seeing on the screen? Before and after special effects
A very interesting idea from a German physicist, one he calls ‘data through illumination’. Forget WiFi, It’s LiFi: Internet Through Lightbulbs
Yahoo’s board of directors has reportedly approved a deal to buy New York-based blogging service Tumblr for $1.1bn and a formal announcement is expected as early as Monday.
LIFX is a WiFi enabled, multi-colour, energy efficient LED light bulb that you control with your iPhone or Android. LIFX: The Light Bulb Reinvented
Evernote and OneNote are currently the ‘big boys’ in the note taking world and it came as a surprise when Google suddenly entered the fray with Google Keep, available through Google Drive via web on your PC/laptop or via app for phone/tablet.
Apple’s marketing chief Phil Schiller launched a rare attack on Google and Samsung and the ‘fragmented’ Android operating system which he believes means that up to 50% of people with Android phones are on an operating system at least two years old.
Times change, particularly when it comes to technology, and Google has decided to call time on its Google Reader, a much used RSS reader, as from July 1st 2013. Existing users, of which there are still many, will be able to easily transfer their data to other programs.


text:
Bandai and Namco outline postmerger strategy
Now-united companies plan to combine American subsidiaries, some gaming divisions.
TOKYO--Today Bandai and Namco announced what their preliminary business plans will be after merging into Bandai Namco Holdings on September 29. The two companies revealed that they will also establish a new holdings company in North America to unite their operations there. Other plans include the launch of a new subsidiary that will absorb the two companies' gaming divisions. For the current business year ending March 31, 2006, the two combined companies forecast revenue of 474 billion yen ($4.28 billion) and a profit of 24.4 billion yen ($220 million). Revenue for the business year ending March 31, 2008, is targeted at 550 billion yen ($4.97 billion).
Bandai and Namco's merger will do more than unify the toy and game manufacturer. While Bandai is known as Japan's largest toy company, it also deals with other products, including games, anime, and Internet content. Although relatively unknown, Namco also operates various businesses outside of games. Its most successful non-gaming business is the Italian Tomato restaurant chain, a popular franchise that can be found throughout Japan.
To effectively control their numerous businesses to promote synergy, Bandai and Namco will be reorganizing their operations and subsidiaries into six units: toy and hobby, amusement facilities, game content, network, movie and audio content, and affiliated businesses.
In terms of games, Bandai and Namco will establish a new subsidiary named Bandai Namco Games by April 1, 2006. It will absorb the two companies' gaming divisions and consist of 60 developers from Bandai and 1,300 developers from Namco. Bandai's staff is considerably smaller than Namco's because Bandai outsources its game development, while Namco develops in-house. However, two Bandai game subsidiaries, Banpresto and BEC, will not be absorbed into Bandai Namco Games. All three will be managed by Bandai Namco Holdings' game-content sector.
Bandai and Namco will also merge their operations in America. The two companies will establish Bandai Namco Holdings USA in January 2006, which will manage all six American subsidiaries. By improving efficiency, the two companies said they plan to increase their overseas revenue for the current business year by 19 percent and are targeting to raise it by 50 percent in the future.
Today's announcement did not contain any major changes to Bandai Namco Holdings' board of directors. Bandai president Takeo Takasu will become the president and representative director of Bandai Namco Holdings, while Namco vice chairman Kyushiro Takagi will become chairman and director.
The products discussed here were independently chosen by our editors. GameSpot may get a share of the revenue if you buy anything featured on our site.
Got a news tip or want to contact us directly? Email firstname.lastname@example.org


text:
Sign Up for the New York Business Journal Afternoon Edition Newsletter
Send this story to a friend
Staten Island shoreline: Let the homeowner exodus begin
- Staff New York Business Journal
In the Oakwood Beach neighborhood of Staten Island, nearly every homeowner has offered to join a New York state program to sell his home to the state at pre-Hurricane Sandy value, according to a report by Reuters.
A part of Governor Andrew Cuomo’s effort to depopulate shoreline vulnerable to flooding and other storm damage, the total program could cost as much as $400 million, though only about $171 million has been approved so far, the report said. That money, in turn, was given to the state by the federal government as part of its Sandy relief funding, Reuters said. In addition to buying out homeowners, Cuomo said about $5.9 million would be spent restoring beaches on Staten Island, primarily as protection from flood waters, according to a report by the Associated Press.
For his part, Mayor Michael Bloomberg may differ slightly from the governor on the plan. WNYC reported that New York City is considering buying out homeowners, itself, but because the money would not come from the Federal Emergency Management Agency, the city would reserve the right to redevelop the purchased shoreline land, rather than permanently devote it to open space. The report noted that Mayor Bloomberg has previously said he believes modern construction techniques can prevent a good deal of flood damage.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
- Most popular
- N.Y. seeks another way to curb payday lenders
- Duly Noted: The New York/New Jersey Super Bowl's unique challenges (Video)
- JPMorgan: Cyber attack may compromise card security
- Hailing a cab still might be tough, but finding a wheelchair-friendly one will be a lot easier
- Dating app startup Hinge plans NYC relocation
- NYC catering queen’s tips and trends for holiday parties
- Duly Noted: De Blasio confident pre-K plan has backers (Video)
- Cabrera would ice Kingsbridge
- Duly Noted: Feds reprimand MTA on safety (Video)
- What's next: Earnings and business reports due December 9-11 (Video)
NYC has agreed to make half of yellow cabs wheelchair-friendly within six years. What's your take?
- Business Development Director/Associations McMurry/TMG | Washington, DC
- Business Office Administrative Assistant LIM College | New York, NY
- Fast-Growing Financial Publisher Recruiting New Talent In NYC Agora Inc. | New York, NY
- Retail Store Management Joyce Leslie | Rockaway, NJ
- Business Analyst Collabera Inc. | New York, NY


text:
Nanaimo’s not-for-profit fair trade store has filled its shelves for shopping season.
Global Village Nanaimo is now open at its new pop-up location at Rock City Plaza, where it will remain open for business through Christmas Eve.
“Volunteers are already busy filling online orders and receiving new stock that is still arriving after COVID-related delays in production and shipping,” noted a press release.
Global Village celebrated its opening with a salute to its volunteers: “the powerhouse that enables one social enterprise to support hundreds of fair trade artisans around the world,” according to the release.
Global Village said its volunteers are motivated to “make a small difference with a global impact” and by a desire to help people give the kind of fair-trade gifts that epitomize the “true meaning of the season.”
The store is open Monday to Saturday from 10 a.m.-5 p.m. and its online store is always open at www.globalvillagenanaimo.com.


text:
Wade, who dislocated his left shoulder and tore his labrum Feb. NBA players want to be like Denzel, and we have the script. Among other findings in : • 65% of eSports enthusiasts in the U.S. The filter allows users to drape a virtual Gatorade and Larry O’Brien-branded towel on their head along with colored beads of sweat. Chicago Bears 20. There’s no telling where the magic of halftime will happen next. local community activation and OOH billboards in Nashville and New York’s Times Square. According to Perry Antelman, CEO for Abacus, Our core mission is to help Americans in pain with science-based products that are safe and NFL Jerseys Nike effective, and nfl jerseys cheap we’re delighted to have the support of Gillette Stadium and Patriot Place. When you go out into social media, you find people asking, ‘Who’s the soccer guy in the Subway commercial? Washington Redskins 3. Dallas Cowboys 18. Katelyn Ohashi Special to February 9: In anticipation of the NBA All-Star Game and related events, Panini America and the New York MTA want to make sure that as many people as possible get carded this week.
JEFF PICKS: TITANS I think it’s a tough ask to expect Josh Johnson and the Redskins to win again, against a much better defense. So we’ll review those factors and come back to them with some key influencers who can help them reach their Nike NFL Jerseys China goal. That information has helped to drive MLB Jerseys Cheap a canine-centric strategy in which Subaru has an alliance with the ASPCA, a Dog Park Locator Cheap Danmark Jerseys on the company’s Web site and other dog-lover-friendly-user activation. 29 • Global lifestyle brand Sanrio, Inc., has signed a deal mlb jerseys china to become an MLB Jerseys Cheap official partner with Team USA for the 2020 Tokyo Olympic and Paralympic Games. Washington Redskins 3. Cleveland Browns 11. Serena Williams 3. Among the league partners Nike NFL Jerseys China scheduled to have a presence in the NFL Draft Experience are the Play60 Zone presented by Dannon’s Danimals; Pepsi NFL Helmet photo opportunity: NFL Shop presented by Visa at Draft with exclusive NFL merchandise; Bridgestone, Bud Light, Nike NFL Jerseys China FedEx, Ford, Lowe’s, Mars, Nationwide, Pepsi, Pizza Hut, Sleep Number and Verizon. To search for players who were born on a certain date, for example all players born on December 25, choose the month, day and year with the drop down boxes and then choose the ‘Full Date Search’ option. In a spot featuring Bolt, In De Club, a man approaches the athlete at a party and asks him to do the pose, in Nike NFL Jerseys China which he raises his arms like lightning bolts after winning a race. IOC top-tier partners include Alibaba Group, Atos, Bridgestone, Coca-Cola, Dow, GE, Intel, Omega, Basketball Jerseys Cheap Panasonic, Procter & Gamble, Samsung, Toyota and Visa.
The most active companies behind Bank of America and Wells Fargo are KMPG , U.S. • Put Your Dog in a Subaru: Upload a picture of your dog and Subaru will put them behind the wheel of a car, then take them on a Basketball Jerseys Cheap virtual road trip. 4 • Super Bowl NFL Jerseys Nike LIX TBD Feb. We will have some product coming out. Los Angeles Chargers 7. Tom Brady 8. Denver Broncos 16. This is a Wholesale Mexico Jerseys huge event, and no matter when it would be played and under whatever circumstances we had nothing but great anticipation for it:
- Washington Redskins 3;
- Kobe Bryant 7;
- Cincinnati Bengals 2;
- We are excited to welcome all of our Olympic and Paralympic athletes to Team Visa and we think this roster is the perfect embodiment of what the Visa brand stands for, as these athletes push boundaries every day in everything they do, Chris Curtin, chief marketing innovation and brand officer for Visa Inc, said in a statement;
- Back to Home Page;
Becky Lynch 7. Turns out he wants to dress like Lee, who is already wearing that outfit. The lineup of sports programming on ESPN+ offers subscribers some 10 live games and events a year.


text:
Earlier today, Apple updated the iMac Pro landing page to confirm that sales will launch on December 14 for customers in the US, although no specific date for a Canadian release has been given so far.
That suggests that Apple will start selling their new iMac Pro some time this week, it could possibly go on sale on Friday, although this has yet to be confirmed. The monstrous device will come with some impressive workstation hardware which includes a whopping 18 core, 14 core, 10 core, and 8 core Intel Xeon processor variants. "I've seldom seen a jump this dramatic before on any new generation of Macs - 20%-30% speed increases are the norm ..."
The iMac Pro's specs are outrageous, and so is the price tag.
For detailed numbers and test results, head over to the source page.
Details Of The Sexual Harassment Lawsuit Against NFL Network
In addition, he once pressed his crotch against Cantor's shoulder and requested she touch it, the complaint says. Evans , a fullback, was in the league for 10 seasons, mostly with Seattle, New England and New Orleans.
It seems as if the iMac Pro is still targeted to creative professionals, with the capabilities to handle high-performance tasks like easy editing of 3D graphics and 4K video. Apple's announced starting price for the system is $4,999.
You can pick up the new HiRise Pro directly from Twelve South or on Amazon.
While the iMac Pro isn't exactly a gadget that needs to be rushed out before the holidays, it's one of two products that Apple promised to release before the end of the year. There is no information as to when the iMac Pro will be available in India.
Apple gave the new machines to some of these types of users to try out for a week or so before the launch. Finally, there is also a 10Gb Ethernet port for fast networking.
- Israeli Army commander suspended for stealing apples from a Palestinian vendor
- Opportunity knocks, Rams don't answer against first-place Eagles
- Nintendo Switch Tops 10 Million Units Sold
- Spider-Man Wears Air Jordan 1s in New Movie Trailer
- HD streaming support coming to OnePlus 5T, company confirms
- WEATHER WARNING: Status Orange extreme low temperature warning for this evening
- Highlights, New Zealand vs West Indies, 2nd Test, Day 3 at Hamilton
- Abu Dhabi authorities revealed as buyers of $450m 'Leonardo painting'
- More than 100 structures destroyed in Creek fire
- Netflix's 'creepy' tweet reminds us all how closely it's watching us


text:
By Sarina Sharp, Daily Dairy Report
Milk & Dairy Markets
The butter market has outdone itself once again. On Wednesday it climbed to $3.24 per pound, matching the all-time high set in September. Yesterday it leapt to $3.2675, a new peak. Today it closed at $3.2175, down a nickel from the day before but still among the loftiest butter prices ever recorded and up 7.25ȼ since last Friday. Traders exchanged 35 loads of butter in Chicago, evidence that high prices have not yet killed buyers’ appetite. Grocers are still worried about empty shelves and willing to pay whatever it takes to get their hands on more butter. But in just a few weeks they will be done stocking up for the holiday baking season, and prices are expected to plummet. October butter settled today at $3.19, while the December contract was $2.765. d
August production and trade data explain why butter stocks are so low. August butter output dropped to 144 million pounds, down 2% from a year ago and 4.5% lower than August 2020. Cream remained unusually pricey in September, suggesting that churns ran slow last month as well. Meanwhile, butter and milkfat exports climbed to an eight-year high, and imports shrank. August exports reflect deals that were negotiated months before, when U.S. butter was the cheapest in the world. In a month or two, the U.S. is likely to become a net butter importer, but that won’t help shore up stocks today.
Nearly everything about the cheese market – production, stocks, and, thankfully, trade – is at record highs. Exporters sent 84.6 million pounds of cheese and curd abroad in August. That’s the highest total ever for the month, and 4.9% more than the already hefty volumes from August 2021. U.S. cheese exports reached all-time highs in 2021, and we are currently 13% ahead of last year’s impressive pace.
August cheese output reached 1.15 billion pounds, up a curiously small 0.1% from the year before. Mozzarella production was robust, up 3.1% from August 2021. Americans are clearly hungry for pizza. Cheddar output was surprisingly low at less than 314 million pounds, down 2.1% from last year. And it’s likely that the majority of that Cheddar was pressed into blocks rather than barrels. There is no shortage of aged cheese, but fresh Cheddar barrels eligible for sale at the CME spot market are in short supply. Spot barrels climbed 2.5ȼ this week to $2.225. Blocks jumped 5.5ȼ to $2.0225. Those prices seem a bit rich for such a heavily-laden market. But as long as U.S. cheese prices remain competitive for exports, values can stay high.
The powders retreated this week. Spot whey fell 1.75ȼ to 42.25ȼ. Exports were strong and production faltered in August, but the price and anecdotal reports suggest that orders have slowed since then. According to USDA’s Dairy Market News, “Dry whey supplies are not overwhelming, but demand is subdued.”
CME spot nonfat dry milk (NDM) fell 3ȼ this week to $1.54. The powders came under pressure at the Global Dairy Trade (GDT) auction as well, with skim milk powder (SMP) down 1.6% and whole milk powder (WMP) off 4% from the previous event. Combined production of NDM and SMP totaled 190 million pounds in August, down 2.1% from the year before. Manufacturers’ stocks of NDM declined seasonally from July to August, but they were still up 9.5% from a year ago. Exports did not impress, and USDA’s Dairy Market News reports that Mexican buyers have gone quiet. U.S. milk powder is the cheapest in the world, and it’s especially affordable when priced in pesos. Nonetheless, with concerns about the global economy rising to the fore, buyers on both sides of the border are hoping for another setback in the milk powder market before they step back in.
USDA announced the September Class IV price at $24.63 per cwt., down 18ȼ from August and up an astounding $8.27 from a year ago. At $19.82, September Class III was 28ȼ lower than August but still up $3.31 from September 2021. That’s the first time Class III prices have dropped below $20 in 2022, and it’s likely to be a one-time event. Stubbornly high barrels helped to lift October Class III to $22.11 today, up 36ȼ to the highest weekly close since early July. November Class III futures jumped $1.22 this week and the December contract was nearly a dollar higher. Class IV futures gained around 35ȼ on average this week. The October contract finished at $24.85, a four-month high.
Corn futures have settled into a well-trod range between $6.70 and $6.90 per bushel. The December contract closed today at $6.8325, up 5.5ȼ from last Friday. The trade is trying to fine-tune its estimate of the corn crop ahead of next week’s Crop Production update. Reports from farmers are mixed, with some surprisingly good yields in the eastern Corn Belt and lots of disappointing readings in the Northern Plains.
November soybeans finished at $13.67, up 2.25ȼ. December soybean meal fell another $2.30 to $400.70 per ton. The soy complex remains under pressure as harvest picks up speed. Low water levels on the Mississippi River have grounded the barges needed to move the crop from the Corn Belt to the Gulf, likely slowing soybean exports in the vital post-harvest window. The strong dollar and weak Argentine peso are also making U.S. soy product exports less competitive at a crucial juncture. The U.S. exports more than half of its soybeans between October and January. Exports typically drop hard in February when South American crops hit the market. If exports drag in the coming months, the U.S. could lose some sales to Argentina, Brazil, and Paraguay. However, it’s another La Niña year and weather will be the final arbiter. A poor crop in South America would result in more opportunities for U.S. exports and sharply higher prices.


text:
A study by ACS Marketing Solutions, presented by the Federation of Italian Hotel and Tourism Associations (Federalberghi), indicates that although higher prices have led to lower expenses, the bill is expected to reach more than $11 billion. euros at Christmas, an increase of 14 percent compared to 2022.
There is a trend towards longer vacations, with 20.9 percent of tourists extending their stay in hotels thanks to remote work.
In anticipation of the New Year, about three billion euros will be collected, less than a quarter of what was collected at Christmas, and “economic caution is still present, as 52.1 percent of travelers reduced their expenses due to inflation,” she explained. the government. Analysis indicates.
Federalberge President Bernabo Boca commented on the results, highlighting that 49.5 percent of those who decided not to travel this season did so for economic reasons.
On the other hand, according to a report by the Ministry of Tourism of this European country, during this Christmas holiday, accommodation booking rates on online platforms in Italy are the highest among competing countries such as Spain, Greece and France.
The statement stated that this December, there was an increase in flight reservations by more than 10 percent, and more than a quarter of the total reservations during Christmas week came from travelers from the United States, France, Spain and Germany.
The Minister of that sector, Daniela Santanchi, commented in this regard that these data confirm that the positive trend recorded in this country this fall, which exceeded expectations, continues this winter, as Italy remains the champion of European tourism.
“Award-winning alcohol trailblazer. Hipster-friendly internetaholic. Twitter ninja. Infuriatingly humble beer lover. Pop culture nerd.”


text:
KATHMANDU: Nepal's exports to India has been adversely affected after the Indian government enforced the Goods and Services Tax (GST) this year, a media report said.
The GST is an indirect tax introduced in India on July 1 to make it one unified common market. It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
Export of major export items to India which were enjoying zero duty or nominal tariff earlier dropped significantly, according to a Nepal Rastra Bank report.
Export of juice, jute products, vegetables and fruits, processed food like biscuits and noodles and cardamom, among others, plunged heavily, the Himalayan Times reported.
Export of juice, which was a major export item to India in the previous years, plunged by 57 per cent in the first two months of current fiscal as compared to corresponding period of the previous fiscal year.
Nepal exported juice products worth Rs 344 million in first two months of the ongoing fiscal as compared to Rs 800 million in same period of previous fiscal, the report said.
Export of juice products to India was on the rise since last several years as the Indian multinational Dabur Nepal was the largest exporter of juice to India.
As per the central bank's data, export of juice had surged by 50 per cent in the first two months of fiscal 2016-17 compared to the corresponding period of fiscal 2015-16.
The major reason behind the significant decline in export of juice was increased tariff to export to the Indian market.
According to exporters, they had to pay 12 per cent integrated goods and services tax (IGST) to export juice to India, compared to 6.18 per cent in the pre-GST regime.
They said the Indian market now has become 5.82 per cent costlier for juice exporters post GST implementation.
Likewise, export of large cardamom plunged by 45.3 per cent, fruits (85.9 per cent), vegetables (39 per cent), noodles (34 per cent) and jute goods (2.3 per cent) in the first two months of this fiscal as compared to the corresponding period of last fiscal.
There were high tariff differences in post- and pre-GST period in vegetables, processed food and other agriculture products, according to the bank report.
Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industry, said Nepali goods have become less competitive in Indian market as they have to pay high duty in post-GST period.
"Nepali exporters should diversify their market in short-term and be competitive in longer-term to tap the huge market opportunity in India," he said.


text:
DFC Intelligence's David Cole reckons there's a slim line Xbox 360 in the works, and that it's most likely going to be next year, "a major redesign in 2010" is their bet.
Project Natal "could also tie in" with redesigns for the Xbox 360 hardware, but there's a lot questions Microsoft "must weigh internally" first. Rumours have been going "for a long time".
"I think it is a question of when not if. However, the when part is a big uncertainty... rumours have been going on for a long time," analyst David Cole told .
"As cost efficiencies allow smaller and more reliable is always a good thing. However, you also have something like Project Natal which could also tie in with hardware redesigns."
"There are a lot of questions Microsoft must weigh internally and there are always going to arguments on both sides of the fence around timing. So I don't know, but in our DFC forecasts we anticipated a major redesign in 2010....so I guess that was our bet," he added.
Broadpoint AmTech's Ben Schachter concurs: "Yes, I think they will release a new look for the hardware in conjunction with the motion sensor next year." Do you concur, videogamer?


text:
A new look for Sheraton Jumeirah Beach Resort and Towers
The Sheraton Jumeirah Beach Resort and Towers, one of the first established hotels on the Jumeirah beach strip, is undergoing a phased multi-million-dollar renovation, stated a press release.
The renovation, which is well underway, includes the hotel`s lobby, reception area, all food and beverage outlets, the Towers Lounge and spectacular renovation of all 255 rooms and suites, as well as the exterior of the hotel.
The Sheraton Jumeirah Beach Resort and Towers, a five-star resort, edges the sea-front and is set in spacious landscaped gardens boasting over 100 palm trees. When the marina development is completed, the hotel will be encircled by a massive artificial lagoon, creating waterfront views from virtually every room. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
- New year boost for Sheraton Jumeirah Beach Resort and Towers
- New look for Sheraton's Jumeirah Resort
- The Beach Rotana Hotel & Towers announces major renovation and new outlets
- Starwood Hotels and resorts to open new Sheraton in Dubai
- Starwood Hotels & Resorts debuts in Sharjah with the new Sheraton Sharjah


text:
Fresh off the release of its first-ever mobile game, Miitomo, on smartphones and tablets, Nintendo has just announced two more titles that’ll be available on mobile devices.
Nintendo issued a press release stating new editions of its Fire Emblem and Animal Crossing games will soon be available on your phone. Up to this year, Nintendo has refused to release new games on anything other than Nintendo-made devices like the Wii U or Nintendo 3DS. That’s apparently changing with these two series. Fire Emblem, which is a strategy game series, saw its latest 3DS title, Fire Emblem Fates, this year. The latest big Animal Crossing game, Animal Crossing: New Leaf, came out for 3DS in 2012 and has players acting as mayor of a town of anthropomorphic animals.
It would appear that Nintendo’s social network-like Miitomo, in which users create Nintendo “Mii” avatars, share content and make friends, is pretty popular. The two new games, on the other hand, should be much more like, uh, video games. They’ll also offer some kind of connectivity with the most recent games in the two series, Nintendo said, although exactly how they’ll connect or what they’ll offer hasn’t been specified yet. In any case, don’t expect to get 3DS games ported to phones, although the mobile games will be “more accessible” than their 3DS counterparts, apparently.
Nintendo was standoffish about the idea of releasing games for devices like Apple’s iPhone for years, despite everyone asking for them to make the leap. Now it seems Nintendo figured out that, yes, they will indeed make a ton of money if they put games on smartphones.


text:
EveryMatrix to Distribute Greentube Games
EveryMatrix has announced the company has been awarded a Class 1 on 4 license by the Malta Gaming Authority, which will allow the developer to distribute Greentube games to all of its partners operating under Maltese jurisdiction.
Greentube Internet Entertainment Solution is the global interactive unit of Novomatic and a leading developer and supplier of online gaming solutions.
Wide Offering of Games
The list of releases that will soon be available via EveryMatrix includes a wide variety of Novomatic video slots as well as Greentube casino games. Players will definitely enjoy titles such as Book of Ra deluxe, Lucky Lady´s Charm Deluxe, Sizzling Hot Deluxe and many others.
Ebbe Groes, EveryMatrix Chief Executive Officer said the company would be able to fulfill the requests received for products in the best possible manner, and added the recent arrivals would enable EveryMatrix to fully support the growing demand for high-quality content.
The Greentube extensive game portfolio will become part of the CasinoEngine platform, the largest casino aggregator in the world, delivering more than 5,000 games from some of the leading providers, such as NetEnt, Evolution Games, Microgaming, Play’n GO and many others.
Choosing the Best Content
Groes also stated that CasinoEngine would bring along a wealth of content, allowing operators to choose the best for their online casinos. According to him, CasinoEngine can be directly integrated into platforms and offers an unprecedented flexibility.
Groes added this platform had helped EveryMatrix to sign partnership agreements with established names in the business, including Tipico, Dragonara Casino, Norsk Tipping, 188Bet UK, and K8.
Founded in 2008, EveryMatrix offers award-winning B2B software solutions to the online gaming industry, currently servicing more than 70 clients around the globe.
The company has around 400 dedicated and hard-working employees, working in 10 offices in Europe and Asia.


text:
The U.S. trade deficit narrowed in June as exports hit the highest level in 2 years.
The Commerce Department said Friday that the trade gap slid 5.9 percent in June to $43.6 billion.
Exports of goods and services rose 1.2 percent to $194.4 billion, the highest amount since December 2014 on higher foreign demand for American soybeans, computer accessories and other products. Services exports reached a record $65.4 billion.
Our 4th of July Super Sale has been extended! Get double Patriot Points and free shipping on the hottest items!


text:
Prior to Apple’s much-awaited Worldwide Developers Conference this year, there were reports that some retail employees will be working late nights ahead of the event. In fact, there are a number of retail stores that recently had surprise visits from the workers of the company’s head quarters.
Late Night Works for Back-of-house Workers and Specialists
According to Gary Allen of ifoAppleStore.com, back-of-house workers and specialists at a Texas Apple Store were asked to work late night on June 5. However, the employees do not know the nature of their upcoming employment. There were speculations that it could be a signage change prior to 2012 WWDC or product re-alignment on the store floor.
Because of the timing of the work, any immediate change related to new product is deemed unlikely. Employees themselves do not expect that any retail change made on the night of June 5 has something to do with the introduction of the new hardware. Instead, new products will be unveiled at the WWDC keynote, which will begin at 10 AM Pacific Time on June 11.
With the late night work happening almost a week before the event, it’s possible that the company will kick off its annual back-to-school promo.
Surprise Visit from HQ Employees
Other than the late night work for retail store employees, there were also reports that workers from Apple’s Cupertino, California head quarters made a surprise visit at several storeroom. They are said to have back-of-house access code and keys, together with passwords for local servers.
The Cupertino-based employees allegedly locked themselves in the server rooms to conceal what they were doing. However, it was speculated that they transferred large amounts of data from their wielded “black box” to the retail stores’ local servers. They left the store without giving any details, and any managers who inquired were told to call the Apple headquarters.
What to Expect at 2012 WWDC?
Apple’s mysterious activities ahead of this year’s WWDC recently gained traction. Prior to this, there were rumors suggesting that the company will unveil its thinner and lighter MacBook Pro, Macs with Retina Display and the new iOS 6 with its redesigned Maps application on the said event.
If that will be the case, it would appear that the company will shake up the tech and gadget industry once more with its revamped and updated software and devices. The 2012 Worldwide Developers Conference will take place on June 11-15 at Moscone West in San Francisco, California.


text:
MOTIF-ated for Success
Steve Lora and John Perez opened MOTIF Modern Living just over a year ago, and though they’re not willing to disclose hard numbers, they’re also not too shy to brag that they’re raking it in.
“It makes my hair stand on end,” said Lora, who will go so far as to say that the 21,000-square-foot store just south of Austin made “millions,” and “double what we told the bank we would make.”
Lora, president of the company, expects to open a second Texas location this year, and four more Texas locations within the next five years. This rapid expansion plan wasn’t born of a successful first year in business. Lora had the five new locations scouted out even before this first store opened. But they are only a pittance of what he predicts for MOTIF. He sees it replicating itself nationally to “dozens and dozens” of stores. “I want to grow it and grow it and grow it and grow it and grow it,” he said.
This will happen, he continued, on the strength of its merchandise and prices, but also on its character.
“We think of ourselves as a lifestyle retailer and not as a furniture store,” Lora said. “Now, of course, furniture is the bulk of what we sell, but the way that it’s presented, it’s much more akin to, say, Pottery Barn, where if you like this lifestyle, this contemporary modern look, then everything that you need is available at MOTIF. And that’s what we’re about. That’s why people drive from so far away, because they want that look.”


text:
Local jobs in jeopardy with sale of M-PACT to German firm
To Leo Lauber, the impending sale of his company reflects the current state of the medical supply industry.
By Monday evening, his company ---- M-PACT Worldwide, LLC of Eudora ---- could be owned by the multi-national corporation BSN medical Inc.
"It's logical that they would want to take the things that we manufacture and put them into their line of medical supplies, because they are a lot larger company than we are," Lauber said.
M-PACT produces a range of medical supplies that vary from specialized sponges used in eye surgeries to bone fracture management products.
Although M-PACT has nurtured its own international trade, its products could still be used on a much larger stage, he said.
"We don't have the facilities and we don't have the marketing to cover that bigger area," he said.
Based in Germany, BSN has offices in Europe, the Americas, Asia, Africa and the Mideast.
In a prepared statement, Graham Siddle, chief executive officer of BSN, noted M-PACT's place in his company's overall structure.
"The acquisition will add to BSN's U.S. fracture management business, and illustrates the strategy of targeting attractive bolt-on products and companies that add value and contribute to BSN's continued future growth," Siddle said.
The German-based BSN announced its intent to move parts of M-PACT's manufacturing process to other facilities in the United States and Mexico. The move would put many of M-PACT's 67 employees out of a job.
Because of the impending shift, M-PACT president and co-owner Jim Martin said his company was already working to transition workers.
"It has been a great place to operate the business and we have a lot of good employees," Martin said. "We're interested in our employees' future."
As an example, Martin said his company has found a position for an employee in St. Louis.
While he and BSN will work to maintain a smooth transition, as many as 15 employees might remain on site with the new company, Martin said.
"We have a large oven that puts plaster of Paris on gauze," he said. "The effort to run it will cause the operation to stay up indefinitely, but other parts of the organization would be shut down in periods of time up to a year."
Although the acquisition might cause concern, Lauber said the transition won't happen instantly.
"As soon as you introduce something like this in a set up, everything gets exaggerated, and (employees) say 'Oh my God nobody is going to have a job.' That isn't true," Lauber said. "A number of people would be released, and they say we will be out of a job in so and so weeks ---- that is just an estimate that's probably not true.
"Transitions usually take longer than they think it's going to take."
Eudora City Administrator Cheryl Beatty doesn't see the transaction having a huge ripple on Eudora's economy.
"I'm not sure if it will have a great impact, but it will have some, but we're always concerned with things like that," Beatty said. "In the greater Kansas City area there are jobs available, and it's my understanding the economy in the larger area is very stable."


text:
AI, crossroads and a bright future
What IT trends will grab the spotlight in 2016? ConsultantNews sat down for a chat with Innovation Lab’s CEO about everything from gigantic virtual conferences and the internet in India to IT consultants’ futures.
At Innovation Lab, which numbers Samsung, Vestas and LEGO among its clients, they’re experts in predicting and communicating the technologies of the future. They know what technologies are on the way, how they can be used, and who’s farthest along with what. They turn this insight into advice for their clients, who range from small startups to international companies and government. The CEO and co-founder of Innovation Lab shares his thoughts on the trends to keep an extra eye on in 2016.
Virtual seminar with two million participants
Just a few minutes into the conversation, virtual reality comes up. Although this isn’t the first time Mads Thimmer has brought VR to center stage as one of the top stars of the year, he sees some overwhelming perspectives in the technology – based in part on the convincing learning and gaming environments being established by Facebook as well as his own participation in VR conferences:
”You’re present in a space where you can see who’s standing next to you, see the speaker and people’s gestures. It’s a completely different way of conducting meetings than staring into a screen, which doesn’t add much in relation to an ordinary phone conversation. Teaching is already transitioning to a virtual reality structure: you can invite two million participants to the same presentation – all they have to do is put on their goggles.”
Machines that train themselves
Another trend Thimmer spotlights is machine learning, where he predicts major progress in relation to the ability of technologies to learn from us. Instead of being dependent on humans constantly delivering input, machines will be able to train themselves to improve. We will also see progress in the field of artificial intelligence, which is similar to machine learning, but which is about creating systems that are capable of intelligent – that is to say, human – behaviour. Businesses like Apple and Google have designed digital butlers that are based on the technology and which can execute a limited range of tasks. And in 2015, Facebook launched M, a virtual assistant powered by artificial intelligence that is also supported by a team of employees who make sure that all requests get processed. And more companies will attempt to design digital helpers.
”And to an extent that leads me to believe that there will be a breakthrough this year: We will find ourselves receiving services from AI systems without knowing it. It might seem scary that we can have an intelligent conversation with a piece of software, but it’s just a logical system that’s set up to be able to decipher our emotional system and respond to it. It’s a way to make our surroundings simpler and more accessible,” explains Thimmer.
Everyone can code
If you’ve specialized in creating apps, you might want to start learning new skills before long. Some of Thimmer’s friends from Google are starting a new mobile-based business in New York, and they seem to have succeeded in creating a new way of coding that lets people create apps for smartphones without the slightest knowledge of coding.
”The software organizes itself in the background, and an intuitive user interface lets you build whatever you want. What were once the tools of the technician become yours. You design how your surroundings are going to respond. The democratization of technology will become more pronounced as more and more options materialize in the coming year,” says Thimmer.
No corner of the world left behind
Developments in non-European countries are another major focus for Innovation Lab’s CEO. Innovation Lab is starting an office in India, where internet penetration rates have received a boost thanks to Google Loon, a balloon-based project aimed at bringing internet access to the poorest regions of the world.
”This means that there are corners of the world we normally turn a blind eye to that are starting to catch up, and which may be able to get into the game on their own premises,” says Thimmer, who has just returned from a trip to India.
In 2050, the population of Europe will account for just five percent of the world’s population, a drastic drop from the fourteen percent of today. At the same time, the countries around us will experience an increase in their standard of living. And according to Thimmer, this will help kickstart exciting new developments. A country such as India, where the landline network has never really functioned, is ahead of Europe in relation to mobile infrastructure and much better at things like mobile payment solutions and mobile banking.
Down in the engine room or up on the bridge
What does the future hold for IT consultants? According to Thimmer, there’s a crossroads up ahead where it will be necessary to decide if you want to be in the engine room or up on the bridge. The focus on strategy contra technology will become an even stronger competition and efficiency parameter as companies realize that digitization isn’t just about outsourcing a few servers.
”One example is the resources that are wasted in the public sector – not because of poor technology, but because of badly thought-out organization. If you want to be successful, you have to focus much more on the circumstances and the human factors surrounding the technologies,” explains Thimmer.
This is the case for the web agency next to Innovation Lab. They have new competitors in the form of pure software: AI-based forms where you give an algorithm permission to sniff around on your computer, show it some of the things you want on your website – after which it generates a website in just a few minutes. So to survive, the web agency’s staff will have to become experts at handling people instead of software.
The freelance economy is storming aheadBut in spite of these challenges, the future is bright for IT consultants. Because the freelance economy is storming ahead: Today, 25 percent of Europeans work freelance, while the figure is 30 percent in the United States. And according to Thimmer, that figure will rise:
”Being small or being your own boss will be a strength. A lot of employers are sick of tackling the administration and fixed costs involved in having a lot of employees – it creates inertia, bureaucracy, HR departments and a lot of other overhead that makes a business less competitive. So they’d rather have freelancers who know how to orchestrate themselves.”A variety of digital platforms already support this approach, such as UpWork and HourlyNerd, where you can either do a single project or work on projects together. These platforms are a good way of making yourself more attractive to prospective clients through the kind of mutual rating systems we’re familiar with from Uber and Airbnb. Thimmer says:
”These platforms make your skills visible without you having to be a world champion marketer – you just have to be good at what you do.”
is an international knowledge center for digital trends and new technology that has built a large international network of expertise in research, product development and entrepreneurship over the past decade. Innovation Lab draws on this network to predict what technologies are on the way, what they can be used for, and who is farthest along with what – and to gain insight of the emerging trends of the future. Clients include Samsung, Vestas, LEGO, B&O, Oticon and AP Møller Mærsk.
Name: Mads Thimmer
Title: CEO and co-founder of Innovation Lab
Education: MA in comparative literature, study at the University of Cambridge.


text:
Deutsche Telekom-owned Magyar Telekom had 756,000 TV customers at the end of June, up 7% year-on-year. The company said it saw significant migration from its cable network to IPTV, while demand for satellite TV remained strong.
Cable TV customers numbered 330,548, down 17.1%, while satellite subscribers numbered 262,40, up 18.6%. IPTV customers numbered 163,824, up 88.2%. Blended TV ARPU was HUF3,035 (€11.15), up 4.9%.
Revenues from TV reached HUF15.5 million for the first half of 2011, up 14.4%, and amounted to 13.9% of its total fixed-line revenues. Revenues for retail voice and internet services both declined over the same period.
ICYMI: BeIIN Sports France hails anti-piracy court ruling digitaltveurope.com/2022/01/26/bei… https://t.co/JL6SCyqCKZ
26 January 2022 @ 21:30:00 UTC
Thaliand’s Next Step taps AsiaSat for launch of international channel digitaltveurope.com/2022/01/26/tha… https://t.co/7qceT5rPQ7
26 January 2022 @ 19:00:02 UTC


text:
It's no secret that the holiday season is a big time for everyone in the gaming industry, with Microsoft, Sony, and Nintendo offering huge deals on each of their consoles.
Nintendo Switch surpassed all previous Nintendo hardware sales records to become the best-selling console in the U.S. for the five-day period from Thanksgiving to Cyber Monday. The Nintendo Switch became the best-selling Nintendo console in USA history for those five days, even surpassing the Wii, and the system also had its best-selling week ever in the US.
Mueller: Ex-Trump campaign chair lied, broke plea agreement
Manafort said in the same filing he disagreed with Special Counsel Robert Mueller's assertion that he lied to investigators. For more than a year now, Manafort has been at the heart of several unresolved threads of the Mueller investigation.
Sales of first-party games, including digital downloads, topped 1 million units November 22-26, beating 2017's totals by 78 percent.
Additionally, after 12 months of availability, lifetime combined sales of the Pokémon Ultra Sun and Pokémon Ultra Moon games crossed 2.2 million.
People weren't just buying the Nintendo Switch, but also other family systems like the Nintendo 3DS, NES Classic Edition and the Super NES Classic.
Now that Black Friday and Cyber Monday are behind us, gamers need to know - which console "won" the Thanksgiving weekend battle?


text:
Peter McKay Drive investigates the biggest issues facing the sport as the season gets under way in Adelaide this weekend.
David McCowen New petrol motor adds to model's appeal to French small car.
Stephen Ottley The German brand has extended its sporty, compact S3 range, but is it a step too far?
Sam Hall Greener engines and updated technology in store for Range Rover's most popular model.
Andrew Maclean If this is the future of the V8 - the future looks very bright.
Sam Hall Final model rolls off the production line with a 431km/h bang, but a replacement is on the way.
Honda's president is stepping down as the company grapples with an exploding air bag crisis linked to at least five deaths that also led to the recall of millions of vehicles.
Greg Kable German brand reveals military-grade 4WD ahead of the Geneva motor show.
David McCowen Australia's most popular car gets a mid-life makeover.
Dom Tripolone New models from BMW, Fiat, Ford and Mercedes-Benz caught out this week.
David McCowen QX30 concept to join new breed of luxury crossovers.
The best deals from Renault, Mitsubishi and Proton.
Andrew Maclean Refreshed small car keeps pace with rivals, just not in a straight line.
David McCowen Technology advances as a fleet of autonomous vehicles prepares to hit the road.
Andrew Maclean Twin-turbo German muscle car set to cost under $155k when it lands in August.
Sam Hall Audi's impressionable coupe is sportier than before, but still isn't without compromise.
Andrew Maclean Swedish brand says it is stronger with Chinese owners than ever before.
Andrew Maclean Swedish brand concedes it may not able to eliminate road deaths by 2020.
David Morley Budget three-cylinder hatch offers frugal motoring.


text:
The parcel delivery tracking app, Gopher, which is available via Android smartphone, has announced it is now using QR codes, which provide more information than traditional barcodes.
QR codes promote greater efficiency in tracking stock and deliveries, according to Walter Scremin, General Manager of Ontime Group, which assisted in the development of Gopher.
“QR codes provide customers with more information about their deliveries, and improves their ability to track and manage inventory,” he said.
“A QR code assists in the track and trace of cartons, and also the contents should anything go missing, it allows automated notifications to the end receiver of the progress of the delivery and also provides the driver with clearer instructions such as COD amounts.”
Scremin said several companies use Gopher at lower cost than traditional delivery tracking devices. “Any business under time pressure and need to protect their businesses from lost or misplaced items and enable more efficient deliveries,” he said.


text:
As reported by Gamasutra, 3D sensing and technology company PrimeSense has been revealed as a tech partner for Microsoft’s Project Natal.
“PrimeSense has delivered an important component to the technology, helping us deliver revolutionary controller-free entertainment experiences in the living room,” says Ilan Spillinger, Microsoft VP of Xbox 360 hardware.
PrimeSense had worked on sensing and recognition technology on multiple consumer electronics and home computing systems in the past. The company’s CEO has this to say about the opportunity presented to the PrimeSense:
“The engagement with Xbox 360 establishes PrimeSense’s position as a leading supplier of 3D-sensing technology. We are especially honored to have a partner like Microsoft who shares our vision for bringing innovative and engaging natural experiences to consumers.”
Microsoft is planning to have Project Natal ready for release sometime this holiday season.


text:
Former mayor launches bid to turn Tijuana into air cargo hub
A center for airline passengers, Tijuana has never been notable for its volume of air cargo traffic. Now a former mayor has set about to change that.
Carlos Bustamante Anchondo said he is seizing on the city’s strategic location — next to California, with existing airline connections to Mexico’s interior and China — with an eye towards turning Tijuana into a major air cargo hub, both for domestic and international routes.
Today, Bustamante’s long-planned Matrix air cargo and logistics park will take its first step, launching operations inside a former airplane repair hangar that rises next to Tijuana’s A.L. Rodriguez International Airport. Facilities include a newly built Mexican customs inspection area and a bonded distribution center.
The initial traffic will be air freight that up to now has been processed at the Tijuana airport. But the plan is to quickly grow as express carriers and freight forwarders find they can save time and money by making deliveries directly to Tijuana rather than their current practice of flying in an out of the Los Angeles International Airport, then crossing the goods by truck into and out of Mexico.
Proponents of greater cross-border integration are praising the facility as an important piece of infrastructure for the San Diego-Tijuana region, where private and government initiatives have looked for ways to streamline passengers and commerce across the international border.
Just west of the cargo facility is the Cross Border Xpress, a privately operated sky-walk between San Diego and the Tijuana airport. About two miles to the east is the planned Otay East Port of Entry, envisioned as a toll facility planned and operated jointly by the United States and Mexico. Farther east in Tecate is a project for a future cross-border commercial rail crossing.
The air cargo facility, “is a dynamic piece to the dynamic puzzle here,” said Eduardo Acosta, San Diego-based vice president of R.L. Jones Customhouse Brokers.
Alan Bersin, a project consultant who is a former acting commissioner of U.S. Customs and Border Protection and previously chaired the San Diego County Regional Airport Authority, is calling it a “game changer.”
Bersin and other advocates of the new cargo facility say the current uncertainty over U.S. trade agreements — and new U.S. tariffs on steel and aluminum imports from Mexico, the European Union and Canada announced last week by President Donald Trump — could have some effects, but not alter the long-term prospects.
Bersin said the president’s approach to trade “could affect negatively” the U.S.-Mexico air cargo portion of the Matrix facility, “if it is sustained.” But the Asia-Mexico component, “which is a significant part of the project, would not be affected,” he added.
Protectionist U.S. trade policies would benefit Mexico and the Tijuana air cargo facility, “as Mexico’s trade relationship with other countries continue to grow,” said Paola Avila, chair of the Border Trade Alliance and vice president of international business affairs at the San Diego Chamber of Commerce. Under these conditions, “shipping products out of Mexico to Asia...may be a better option for U.S. companies,” she said.
With air cargo far more expensive than cargo that is transported on container ships, “it has to be very high-value stuff,” said Arnold Maltz, a professor of supply chain management at the Arizona State University’s W.P. Carey School of Business.
Bustamante said he first thought of the idea 20 years ago. But back then, “there was probably not as much high-value manufacturing, and the sourcing would have been more North American than it is now,” Maltz said.
The launch of the Tijuana facility comes days after the start of SkyBridge Arizona, an air cargo e-commerce hub based out of the Phoenix-Mesa Gateway Airport and aimed at the Mexican market; the facilities include both a U.S. customs inspection area and a Mexican customs pre-clearance operation under the same roof.
Bustamante said he has worked closely with the Mexican government to design the customs inspections area of the Tijuana air cargo facility. “They wanted a model for the future of air cargo terminals in Mexico,” Bustamante said. The hope is to eventually add a U.S. Customs facility to inspect goods headed for the United States, Bustamante said.
To operate the facility, his company, Inmuebles Especializados Matrix, has formed a joint venture of experienced U.S. and Mexican companies with long experience in handling air cargo: Mercury Air Group and Braniff Air Freight.
The potential clients? Consumers in Asia eager for fish and fresh produce from northwest Mexico that is delivered by air freight services. In the other direction, the sector of the maquiladora industry in Baja California that produces everything from airline parts to medical equipment and relies on the timely delivery of high-value components from Asia, Europe and the United States
Bustamante is counting on the growth of e-commerce as another potential source of growth for his facility.
Air cargo traffic in Mexico is a fraction of that in the United States, with processing facilities heavily concentrated far from the border in Mexico City and Guadalajara.
Tijuana airport’s processing capacity has up to now allowed for only a limited amount of air freight processing: about 16,000 tons annually, or about a tenth of the volume processed annually by San Diego’s airport, according to a study by Bersin’s consulting firm, BorderWorks Advisors, LLC.
Bustamante, who was mayor of Tijuana from 2010 to 2013, said the air cargo facility is a dream some two decades in the making, and many doubted he’d succeed.
“I’m stubborn,” Bustamante said in an interview last week. “I said I’m going to see it through, though they told me I was crazy.”
He is CEO of Grupo Bustamante, a Tijuana company that includes land development, construction, industrial parks and the 422-room Grand Hotel. Since the 1990s, he has also held a concession from Mexico’s federal government on a 65-acre plot of land adjacent to the Tijuana airport.
Bustamante originally formed a joint venture with a Hong Kong-based company to build an aircraft maintenance and repair facility on the property, which is adjacent to Tijuana’s airport, investing some $60 million investment that eventually foundered. Bustamante said his federal government concession also allows him to develop an air cargo facility.
But development of any kind on the property was frozen for 13 years in a dispute with the airport’s private operators over concession agreements. Bustamante said the dispute was resolved three years ago, and in 2015, the Mexican airline Volaris opened an airplane maintenance facility in part of the Matrix structure.
The new air cargo facility occupies the rest of the space.
Bustamante said he has been in talks with several global freight forwarding companies, including DHL, Federal Express, and United Parcel Service.
Though operations are beginning this week, the facility’s formal inauguration won’t be until July, Bustamante said. “We’re not competing with San Diego, we’re creating something new,” he said. “A lot of the 747s, fully loaded can’t land in San Diego. Your airport closes at 11 at night. This is 24 hours.”
On Thursday, there was little to see outside the new facility, where two small cargo planes were parked outside, and groups of workers were busy moving equipment. The activity would soon start, Bustamante said, as he stepped past the facility with a confident spring in his step.
“You can tell by this,” he said and smiled, “that I’m a patient man.”
Get Essential San Diego, weekday mornings
Get top headlines from the Union-Tribune in your inbox weekday mornings, including top news, local, sports, business, entertainment and opinion.
You may occasionally receive promotional content from the San Diego Union-Tribune.


text:
The inventor of the world’s first mobile phone has some candid advice for those of us who spend too much time scrolling.
Martin Cooper, a 93-year-old American engineer, suggested people using their phones for more than five hours a day to “Get a life!” Well, he’s the man who invented the very first device of its kind telling you to rethink your priorities.
Mobile phone inventor says people need to ‘earn a living’
By appearing on BBC breakfast earlier this week, Cooper said he barely spends time on his phone.
“I guess I use my cell phone less than 5% of my time.”
When asked what he would say to those who spend more than five hours on theirs, he was brutally honest.
‘BUY YOURSELF A LIFE!!!’
How much time do you spend on your phone each day?
Do you replace your #Smartphone with a so-called #Dumbphone?
Martin Cooper – the man who helped invent mobiles – had this message for #BBCBreakfasthttps://t.co/P9SgrByh5Q pic.twitter.com/A4ASXL3O4L
— BBC Breakfast (@BBCBreakfast) June 28, 2022
“Do you really spend five hours a day?” He asked. “I would say ‘Make a life for yourself! »
Despite being the inventor of the original cell phone, Cooper said BBC Breakfast that people should spend less time on their phones and live a little.
According to the Application Monitoring Company AppAnnie, people spend an average of 4.8 hours a day on their phones. That is 33.6 hours per week and 144 hours per month.
Martin Cooper invented the first wireless cellular device
In 1973 Cooper invented the Motorola DynaTAC 8000X – the very first wireless cellular device.
Talk to CBS News of the creation, he said, “You could talk for 25 minutes before the phone broke.”
When inventing the cell phone, Cooper said he imagined what it would look like before thinking about how it would work.
“Small enough to fit in your pocket, big enough to fit between your ears and your mouth,” he said. Radio Canada.
While working at Motorola, he helped invent many products, including the first portable police radio systems.
He graduated from the Illinois Institute of Technology (IIT) in Chicago with a bachelor’s degree in electrical engineering (1950). He joined the US Navy and served in the Korean War. After the war, he joined the Teletype Corporation, and in 1954 he began working at Motorola.
For the latest trends, click here.


text:
Liz Taylor’s Jewellery Auction
Elizabeth Taylor’s jewellery auction smashed records with almost $116 million in sales. Many famous face turned up to put their bids in, but who actually went to Christie’s New York and purchased the expensive jewels the icon once owned?
Kim Kardashian is known to admire Elizabeth Taylor and she purchased three jade Lorraine Schwartz bangles, costing a whopping $64,900.
“It’s not just a piece of jewelry,” she told InStyle.com. “She wore them constantly during the final years of her life and I believe they carry her spirit.”


text:
Montreal, March 7, 2022 – METRO stands with Ukraine and its people in their brave fight. Today, the Company announces a $100,000 donation to the Canadian Red Cross in support of the Ukraine Humanitarian Crisis Appeal.
“We know this devastating war hits close to home for many of our employees and customers who have family and friends living in Ukraine and METRO wants to show its support,” said Eric La Flèche, President and CEO, METRO Inc.
A fundraiser will also be deployed across the Metro, Food Basics, Super C, Première Moisson, Adonis, Jean Coutu and Brunet banners in Ontario, Québec and New Brunswick to appeal to the generosity of our customers to support Ukraine. Customers who wish to do so will be asked to support by adding a $2 donation at checkout.
All money raised will be donated to the Canadian Red Cross Ukraine Humanitarian Crisis Appeal.
About METRO inc.
With annual sales of $18 billion, METRO Inc. is a food and pharmacy leader in Québec and Ontario. As a retailer, franchisor, distributor, and manufacturer, the company operates or services a network of some 950 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as some 650 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners, providing employment to almost 90,000 people. For more details, visit corpo.metro.ca.
1 800 463-2190


text:
It was an odd phenomenon: The more media stories you saw about the massive Conficker computer worm that was supposed to wreak havoc on April 1, the less likely it was that anything would happen on that day.
Executives from a leading computer-security firm say that although widespread media coverage -- some might call it hype -- may have thwarted Conficker on that day, the virus is still very much a threat.
"In the beginning, someone said there is going to be a major crashdown on April Fool's Day," Juan Santana, CEO of Spain-based Panda Security, told HispanicBusiness.com. "Some guys in the media picked it up, and it generated a lot of noise."
That noise, in turn, may have dissuaded the virus's still-unknown authors to act -- for now, he said.
First detected this October, the Conficker computer worm targets the Microsoft Windows operating system. Experts believe about 10 million computers have been infected, the vast majority of them outside the United States. Though it was widely believed that the infected computers would be used maliciously on April 1, nothing happened.
But Santana said it's only a matter of time.
"Eventually it will happen, because there are lots of computers that are compromised," he said.
The April 1 date was widely publicized for a reason.
That was the day the infected computers were programmed to "phone home," or check in with the master server to see if they should perform a malicious task, said Carlos Zevallos, a security evangelist for the company.
However, there was no particular reason the task had to be carried out on that day. And the more attention the story drew, the less likely it was that the creators of the Frankensteinian network of zombie computers -- known as a "botnet"-- would feel inclined to flip the switch on that given day, Zevallos said.
As an analogy, Zevallos invoked the idea of a work teleconference. The boss may order people to call in on a certain day, but could easily reschedule if something comes up.
"The whole business mode is to turn machines into part of a botnet they can use to do various things, such as steal data, initiate attacks," and the like, he said Tuesday.
Like a surprise attack or burglary, it makes much more sense to do this when the victims are unsuspecting.
"It was a good thing there was attention paid, but the amount of attention was inordinate when weighed against the reality of the actual threat," he added.
Panda Security officials say bottom line for hackers these days is money: "It is a real business," Santana said.
Santana believes that the majority of the estimated 10 million infected computers are located in areas where piracy reigns supreme and computer security is lax, such as Asia and Latin America. Experts believe only about 6 percent of the infected computers are in the United States.
To illustrate one of the many ways in which the computers could be used maliciously, Santana cited spam.
The zombie computers could be used to collect emails in the hopes of selling them to an unscrupulous distributor of a popular online product, like, say, Viagra or porn, he said.
The virus creators could approach such a vendor and say, "Pay me $300 and I have the ability to send a million emails which are not going to be detected as spam," Santana said.
In general, to avoid computer infections, users should browse responsibly, Santana said.
"You don't go around a bad neighborhood in a big car or with a wallet in your hand," he said. "There are some bad neighborhoods on the Web."
Santana said many computers became infected by Conficker when their owners visited sites that allowed them to download illegal software, such as pirated versions of Microsoft Office. Others, he said, were infected on porn sites, as well as a specific music-downloading site called Kazaa.com.
He advised users to purchase the latest update from Microsoft Office, as well as good anti-virus or computer security software.
"Obviously, I always recommend Panda, but there are others out there," he said.
Panda, he added, has created a free tool called a "USB vaccine." The tool protects computers from being infected via CD or USB flash drive, often referred to as a "thumb drive." (Click here to download the free tool.)
Zevallos said high-profile malwares such as Conficker can be a double-edged sword when it comes to public awareness.
On the one hand, the hot glare of the spotlight can scare away that particular cockroach, but on the other hand, it takes the attention off all the others out there.
As an example, Zevallos cited a lesser-known computer worm called "Storm," which he said is at least the size of Conficker.
"(Conficker) is a nice story; it's something people can look for on a date," he said.
Ironically, the Conficker virus might have been good for business at Panda,
Zevallos acknowledged, though he added he doesn't have access to sales figures.
"But certainly, inquiries and things like that, they do rise whenever threats are made public," he said.
Most Popular Stories
- Steve Ballmer Files Six-Figure Counterclaim vs. Steve Gordon
- Creepers! Microsoft Buys 'Minecraft' Maker for $2.5 Billion
- Back to School, Even in Immigration Jail
- Hispanic Buying Power Slow but Growing in South
- When to Say No to Investors, Yes to Mentors
- Apple: Record iPhones 6 Orders on 1st Day
- U.S. Factory Output Slowed 0.4 Percent in August
- Is a Mayweather, Pacquiao Big-Money Fight Possible?
- Clinton: 'Fabulous to Be Back' in Iowa
- DOJ Launches Program to Thwart U.S. Extremists


text:
A North Andover, Mass., mom jumped into action Tuesday afternoon when a drivable plastic car she had bought for her children suddenly burst into flames — moments after she was able to snatch her two kids from the seat, the Boston Globe reported.
Michelle Kline bought the SportRax Awesome XL battery-powered electric toy car for her 3-year-old and 16-month-old children, according to Boston 25 News.
The kids were driving the plastic vehicle in their neighbor’s yard when their mom noticed smoke coming from it, Boston 25 reported.
“It was just that kind of hot electrical smell and (I) saw some smoke coming out of the little hood,” Kline told CBS Boston. Sensing danger, Kline got her kids out of the car, the station reported.
“I think that was the really scary thing was because they were buckled in and they are both little so neither of them could have gotten themselves out,” Kline told the station.
She was able to unbuckle the little ones and rush away, the station reported. Moments later, she said the car was engulfed in flame, the station reported.
“It was alarming how quickly it went up; it went from just a little bit of smoke to a full-on fire within like 2 minutes, that was the scary thing,” Kline told Boston 25 News.
When firefighters arrived, the formerly bright red car was “melted, completely unrecognizable,” Fire Chief William McCarthy said, according to the Eagle-Tribune. He said the family had bought the toy about two weeks prior and had charged it a few times without incident, according to the paper.
Kline was able to capture a short video of the vehicle burning, which the Eagle-Tribune posted with its story. Crackling and popping sounds can be heard as steep flames pour from the front of the vehicle. “It’s on fire!” a child screams from off camera.
Senior fire investigator Jeff Crosby said the cause of the fire was likely the battery, although he said he was surprised because they were typically less likely to start fires than some other types of batteries, according to the Boston Globe.
“You don’t see fires with them very often,” he said, according to the paper.
The product sells for about $500 on Amazon. Officials contacted the fire marshal’s office and the Consumer Product Safety Commission to report the incident, according to Boston 25 News.


text:
Elon Musk has been involved in a number of high profile incidents of late
Elon Musk has hit headlines in recent months following a series of high-profile incidents.
The business magnate is worth a staggering $20.8 billion (£15,852,304,000.00) and is also CEO, founder and lead designer of aerospace manufacturer SpaceX.
In recent months Musk has hit the headlines for Tweeting about taking Tesla private, calling a British cave diver a paedophile, appearing to smoke marijuana while taking part in a podcast and revealing his use of Ambien to help him sleep.
These incidents have come during a turbulent time for Tesla.
Stock value in Tesla has been dropping since Musk tweeted on August 7 about taking the company private.
On Tuesday, August 7 stock in Tesla was valued at $379.57 (£289.39). This plunged to just $263.24 (£200.70) on Friday, September 7. It has since risen slightly.
Adding to declining stock prices was the resignation of Chief Accountant Dave Morton earlier this month.
Mr Morton said: “The level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations.
Elon Musk smokes marijuana on LIVE air
“As a result, this caused me to reconsider my future.”
At the time of writing Tesla was trading at $297.43 (£226.77).
Is Elon Musk heading for an exit from Tesla?
Shareholders may have begun to lose faith in Musk as CEO of Tesla but he is unlikely to be ejected from his position.
Some Tesla fans are determined to stand by the company and Musk regardless of what happens.
Critics, on the other hand, seem determined to see Musk fail.
It's these critics who are triggering Tesla shorts - a system where people bet against Telsa, in favour of share prices falling.
Tesla’s board is made up of many Musk allies, including his own brother, and they have stood by the CEO.
Earlier this year a shareholder vote to oust Musk as chairman failed, and the inner workings of Tesla mean that he has outsized control of the auto company.
The board of directors has faced criticism for failing to keep Musk in check, one problem being his failure to answer questions from analysts regarding a Tesla earnings call.
There are nine members of Tesla’s board of directors, including Musk’s brother Kimbal Musk, 21st Century Fox CEO James Murdoch, and early Tesla investor and Valor Management head Antonio Gracias.
All three faced an attempt of removal by a group of shareholders this year.
Another shareholder also introduced a resolution calling for Tesla to split the jobs of chairman and CEO so that Musk would just keep the chief executive spot.
The New York Times reported this month that Musk’s tweet about privatisation angered board members, alongside worries over his workload and use of sleeping medication Ambien, but none have publicly declared so.


text:
Round-Up - The Trials and Tribulations of Belvédère
France-based Belvédère Group has spent the last year juggling its debt, while looking for a suitor to buy its Marie Brizard unit. Here's the back-story and the latest
Belvédère needs to wrap up the sale of Marie Brizard, and soon, or market jitters could spell serious problems.
Belvédère has suffered a potentially serious setback to its financial recovery plan after a court confirmed that the French drinks group must pay back debt more quickly than previously expected.
Belvédère has announced the signature of an agreement with Global Emerging Markets Group (GEMG) with the US firm set to invest up to EUR70m (US$89m) in the drinks group over the next three years.
Troubled French drinks group Belvédère has seen net losses for 2009 plunge to EUR177.6m (US$234m).
French drinks group Belvédère is in negotiations with several potential candidates over the sale of its Marie Brizard business, which produces William Peel Scotch whisky.
A commercial court in Dijon, eastern France, has approved a relaunch plan presented by embattled French drinks group Belvédère that will reschedule the group's debt over 10 years.
- Will Tequila Learn from Scotch Whisky's Mistakes?
- Comment - How to Target Cognac's Mok Generation?
- Is Marketing Twisting the Meanings of Words?
- Analysis - The Value of Prosecco
- Sustainability - Walking the Walk on Water
- Whyte & Mackay takes on Flor de Caña in UK
- SPI Group US, Canada sales chief departs
- Belvedere proposes name change
- Soaring Prosecco sales good for Champagne
- Brown-Forman eyes family ties with board additions
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research
- Beam Suntory Inc. - Strategy and SWOT Report
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review