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By Sam Mamudi, MarketWatch
NEW YORK (MarketWatch) — How do you do better than best?
That’s the question that Nintendo Co. is grappling with, as the Japanese videogame giant revs up for the launch of its Wii U home console system.
Nintendo /zigman2/quotes/208063194/delayed JP:7974 -1.45% /zigman2/quotes/206371241/composite NTDOF +3.30% /zigman2/quotes/201616881/composite NTDOY +2.45% hosted an event in New York on Thursday to reveal launch details for the console. The Wii U will go on sale in the U.S. on Nov. 18 at a starting price of $299, though a deluxe package will cost $349. Read full story on Wii U launch event.
The company is in a difficult spot: Its Wii system, launched in late 2006, is one of the best-selling home consoles of all time, selling 40 million units in the U.S. alone and crossing into the mainstream unlike any previous system. The success also helped power the company’s stock, taking it to an all-time high in late 2007, according to FactSet Research.
But though the Wii continued to sell at a steady clip, competition from Sony Corp.’s /zigman2/quotes/201361720/delayed JP:6758 +2.94% PlayStation 3 and Microsoft Corp.’s /zigman2/quotes/207732364/composite MSFT -4.55% XBox 360 — both more powerful consoles with superior graphics — diminished its position among the gaming crowd.
In addition, the sharp rise in gaming on smartphones and tablets drew away much of the casual gaming crowd that had originally flocked to the Wii, with its easy-to-grasp motion controllers that proved popular with games such as “Wii Sports” and “Mario Kart.”
That’s left Nintendo trying to please two distinct consumer groups — at a time when the videogame business itself is radically shifting away from disk-based games sold at retail stores and towards digital content streamed and downloaded.
Sales of game hardware in the U.S. slumped 34% in the first six months of this year from the same period last year, and game software sales at retailers fell by 31% over that same period, according to data from the NPD Group.
If the Wii U can reach both consumer groups at the same time, Nintendo may put itself in the driving seat for the next generation of machines, and secure its place among consoles for the next half decade. But a flop could see Nintendo, already facing stiff competition from Sony and Microsoft, confront unprecedented pressure.
Nintendo sets for launch of Wii U
Nintendo announced a launch date for its new Wii-U console on Thursday, with the device set to go on sale in the U.S. on Nov. 18 at a starting price of $299. Dan Gallagher reports on digits.
Thursday’s unveiling of the Wii U was a look at how Nintendo will try to succeed. For hardcore gamers, the Wii U features yet another in a long line of hardware innovations from the company — the GamePad, a controller with a built-in touchscreen. For the casual crowd, there is Nintendo TVii, a service designed to make the Wii U the central home entertainment hub. Read about the Wii-U’s launch.
“Our job is to convince gamers that second-screen gaming is fun and interesting,” Scott Moffitt, executive vice president of sales and marketing for Nintendo of America, told MarketWatch. At the same time, he said: “Our aspiration is to be at the center of the living room, and be an entertainment hub, and to have the Wii U used daily.”
Nintendo TVii lets users access live television, on-demand services and DVR from a central menu. Some TV shows and movies will have additional information displayed on the GamePad’s screen, which during live sports will show game stats and scores. There will also be social media connectivity through the GamePad.
The GamePad is also central to how Nintendo will appeal to gamers. So far, the machine’s graphical abilities seem as good as the Sony and Microsoft high-definition consoles — a huge improvement from the standard-definition Wii.


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How much would it cost to buy the rights to one of the more iconic sports car manufacturers of the second half of the twentieth century? We got an answer to that question- 2.16 million dollars. That’s how much L3 Holdings of Switzerland paid for the historic Italian car brand.
De Tomaso was last seen as a legitimate company in 2004, though they stopped making cars long before. After Alejandro De Tomaso’s stroke in the mid-1990s, the company had been run by his son and a variety of other businessmen before dying quietly.
De Tomaso was founded in 1959, and at one time, the company owned Maserati, Innocenti, Ghia, and Motto Guzzi, in addition to several smaller motorcycle manufacturers and coach-builders. They are perhaps best remembered for the Pantera, which roared to life with Ford power during the mid-1970s and was perhaps a progenitor of the “American power, Italian style” ethos.
Attempts to resurrect the Italian brand have risen and failed successively over the last ten years. However, just this week, a bidding war arose for the rights to the name and the assets, mostly intellectual, of the company. L3 beat out investors from China and elsewhere to snag the company for 2.16 million.
The new company has drawn investment from a variety of private equity groups and has ambitions of restarting the manufacture of De Tomaso branded cars. A mid-engine sports car is planned , and the new owners are already hiring 360 employees and eyeing a new factory in Turin.
While 2.16 million might sound like a steal for the rights to the De Tomaso name, restarting a company from scratch isn’t cheap, especially in the automotive industry. Considering only a fraction of all such attempts succeed, buying the rights to the name is probably the easiest part.

domain: news


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In mid-March Laurel Rose Candle Co. opened a storefront location at 415 Bradley Street in Carrollton. Suddenly the pandemic hit with full vengeance, and the three generations of Laurel Rose Co. closed the shop for walk-in customers.
Owner and dreamer, Brandi Rosamond tells us, “Candle making has been a hobby of mine for 25 years. I learned the art of it from my mother, Kathy Horton. I would pick it up when I had time between raising my family and rescue dogs. The candles we made were mainly for personal use and gifts during the holidays. After my girls were in college, and my husband Mark was traveling for work most weeks, I found myself with a lot of time on my hands.”
In 2018, Brandi was inspired after a trip to Nashville to pursue her dream of making candles for the community to enjoy. After months of research, Brandi and Karlee set up their first popup shop and created a website to pick up wholesale accounts. Laurel Rose Co. was born.
After Christmas of 2019, the business had completely outgrown the small space in their home where the candles were made. In January 2020 a lease was signed for the space on Bradley Street which was originally planned to be a space to grow the wholesale accounts and online store. Brandi chuckles, “We soon realized we would be able to create much more here. People wanted to come pour candles with us, so the candles have really taken on a life of their own here.”
During the statewide stay at home order, Laurel Rose Co. was able to adapt. Brandi says, “Karlee and I came to the studio most days, locked ourselves in, and created. We have been so blessed by the community for shopping local and supporting all of the west Georgia area’s small businesses which have shown much love.”
To show their appreciation and give back to the community, Laurel Rose Co. has created donation candles. Brandi explains, “Twenty-five percent of the proceeds from our donation candles go directly to local nonprofit organizations. In April we released our Pinwheel candle for the Carroll County Child Advocacy Center and our Light It Up Blue candle for the West Georgia Autism Foundation. In May, we released our Shine Green candle for the Carroll County Mental Health Advocates. We have taken up such a passion in creating the donation candles, and being able to give back to the community that has supported us during this uncertain time has created an overwhelming joy for us.” As Laurel Rose Co. looks to the future, they intend to host more candle bars and workshops with McLeod Family Farm and bring the community high-quality and safe products. The shop is open Wednesday through Friday from 10:00 a.m. to 4:00 p.m. and on Saturday from 10:00 a.m. to 2:00 p.m.


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Smartphone repair firm expands to fixing most digital devices
Betting that people will need more help than ever troubleshooting their increasingly digitally connected lives, CellSavers said Tuesday it is expanding its purpose beyond on-demand smartphone repair to push-button help with other technology chores, including smart-home product installation and TV mounting.
To reflect these new services, the company is also changing its name to Puls.
Founded in 2015, CellSavers positioned itself as an Uber-like service for accident-prone iPhone and Android users with cracked screens or other issues. It originally promised to dispatch a qualified technician to a person’s location — home, work, office, bar or other venue — within 60 minutes to repair smartphones and tablets on the spot.
The freshly rebranded Puls has a similar mission, albeit with a broader reach that extends to most digital devices in the home, making it the on-demand version of Best Buy’s Geek Squad. Now the company’s technicians, who work as independent contractors, can be summoned for same-day service for device demonstration, installation, setup, support and, of course, repair.
Puls, headquartered in San Francisco, operates a San Diego office with 22 employees, including President and Cofounder Itai Hirsch. Puls expects to double the headcount across its headquarters, San Diego satellite and Tel Aviv outpost in the next year.
The company also announced Tuesday a $25 million financing round, bringing its total to $43 million. The latest round was led by Red Dot Capital Partners and included Samsung Next, Maverick Ventures, Kreos Capital, Sequoia Capital and Carmel Ventures.
Puls is available to consumers in 40 U.S. markets, though the company plans to use its new cash pile to extend service to more markets.
Your guide to cutting the cord
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Get ready for your week with the week’s top business stories from San Diego and California, in your inbox Monday mornings.
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ONE BUFFALO ICE CREAM
Pegula Sports and Entertainment, in partnership with Perry's Ice Cream, announced the creation of One Buffalo Premium Ice Cream. "We're pleased to introduce a product that reinforces our collective pride in One Buffalo, Our City," said Bruce Popko, Pegula Sports and Entertainment's executive vice president of business development. "We have partnered with Perry's to create a way for Western New Yorkers of all ages to celebrate the passion they have for the city of Buffalo. This family-friendly initiative is a great way to express Buffalo pride."
"We were immediately captivated by Terry and Kim's passion for the recent renaissance of Buffalo as well as their enthusiasm for great tasting ice cream," Perry's President and CEO Robert Denning explained. "As a local company celebrating nearly 100 years of serving this community we are thrilled to partner with Pegula Sports and Entertainment to create the new One Buffalo Premium Ice Cream flavor and to be part of this exciting time in Buffalo."
One Buffalo Premium Ice Cream is available at KeyBank Center throughout the season at ice cream stands on the 100 and 200 levels. One Buffalo Premium Ice Cream will also be sold at Blue Cross Arena in Rochester, and will be available in retail outlets throughout Western New York.


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Chrissy Clarius used to think her engagement ring from Jim, her husband, was perfect: a solitaire on a 14-karat white-gold band.
Jim bought the ring in 2010 for $4,299.99 from Kay Jewelers at the White Marsh Mall in Maryland. Included was a certificate of authenticity from Gemological Science International — one of three organizations that Kay uses to certify and grade its diamonds before they are sold — for the 1-carat stone.
The purchase was covered under Kay's gemstone guarantee, which insures the stone against loss and damage as long as the customer brings the ring in every six months for an inspection.
Clarius told BuzzFeed News she was religious about getting her ring inspected: Over the years, she said, she believes it was sent out three times for various repairs.
In February, Clarius took the ring to the Kay at the Westminster Mall in Maryland for its checkup, and had it sent for repairs because the prongs were loose. But the ring that came back, she said, had a stone in the setting that wasn’t a diamond at all.
Clarius said she started to fear something was wrong when during the initial checkup, a Kay employee went to check the diamond for its certification number; the number is inscribed on the stone by the GSI.
The Kay employee couldn't find it. Clarius said she never saw the inscription herself, but she trusted Kay. She added that her husband saw it when he bought the ring.
Clarius had the ring sent out for the repair anyway. When she picked it up in March, she asked again if an employee could find the number.
"They did not," she said. "The manager told me the repair shop said the number was simply never put [on] it, but the ring does match every detail on my card…minus the number."
Clarius said something didn’t feel right. So she took her ring to another mall jeweler, Littman Jewelers, and asked if they could certify her stone. They tested the ring and delivered gut-punching news: It wasn’t a diamond.
"It was discovered that it was moissanite and not a diamond, and set [in] platinum, not white gold," she said. "I felt sick to my stomach."
Clarius said she believes her original diamond was swapped for the moissanite stone during a Kay repair.
Moissanite is a stone that, like cubic zirconia, looks a lot like a diamond but is much more affordable. (For example, you can buy a 5-carat moissanite stone for about $900 online.)
The couple were devastated. On March 23 they went to another local Baltimore jeweler, Smyth, for a second test — which also showed the stone was moissanite. But when they took the ring to Kay, Clarius said the stone tested as a diamond.
The manager of the Westminster Mall Kay store also had an employee at Zales — which is owned by the same parent company as Kay — test the stone. Clarius said this test showed the stone was a diamond as well.
Clarius said the Kay manager asked if she had taken the ring to the other stores for repairs. (Clarius said she kept a watchful eye over her diamond at Littman and Smyth, bringing it to those two stores for testing only — and did not let the stores keep the ring overnight.)
"I feel heartbroken and disgusted. I feel like it is my word against a big jewelry store and I'm being made to look like a liar," she said. "The fact that the manager had the audacity to imply I took my ring elsewhere is very discouraging."
Clarius said Kay has told her the loss protection team is looking into the issue. She has also filed a police report in Baltimore County and a complaint with the Maryland attorney general's office's consumer protection division, according to documents she showed BuzzFeed News.
Kim Kanary, a Kay spokeswoman, told BuzzFeed News that the company is "continuing to work with Ms. Clarius toward resolution" of her issue.
BuzzFeed News identified at least seven other women on Facebook who claimed their stone had been replaced by Kay.
Since she posted a complaint on Kay's Facebook page, Clarius said she had been contacted by "hundreds" of people with similar stories.
Some of those women reached out after BuzzFeed News reported Kay had lost or damaged multiple engagement rings sent in for repairs.
Many Americans know of Kay, Zales, and Jared from their frequent television advertisements. Those chains are owned by the same parent company, Sterling, which also owns a number of regional chains, including Marks & Morgan Jewelers, Gordon's Jewelers, Shaw's Jewelers, and Weisfield Jewelers.
Sterling itself is also a subsidiary of a company called Signet, which is the "largest specialty retail jeweler in the U.S. and the U.K.," according to Sterling's website.
David Bouffard, the vice president of corporate affairs at Signet, said that the instances BuzzFeed News found were "minimal" in comparison to the many happy customers at Kay.
"Every year we've got millions of transactions and millions of repairs we are processing in our stores," he said, though he added that the company considers even one unhappy customer too many.
He said the store prevents stone swaps from happening by checking each certified diamond for its inscription before and after repairs.
The women who claim their diamonds were swapped say the experience was heartbreaking. That's how Hannah LaFlam, a wife and mother from Vermont, described the situation with her Kay diamond to BuzzFeed News.
LaFlam's husband, Jason, purchased her princess-cut solitaire ring for $4,500 shortly before he proposed in July 2013. She said the ring was more magnificent than she had ever dreamed of.
"It was perfect — a perfect diamond," LaFlam said.
Like Clarius, LaFlam said she took her ring in like clockwork for its inspections.
She said she sent it away for repairs at Kay twice: once when she was pregnant, to get it sized up, and about a month ago to get it sized down, after she'd lost weight.
Last week, LaFlam said she went to Kay to pick up her ring from its sizing. Immediately, she said she noticed something was off. Her once-brilliant Leo diamond, which was certified by the GSI, didn't look right.
She said she told the Kay employee that she was sure this wasn't her diamond. The sales associate didn't check her certification number, but assured her it was the right ring.
"She said, 'It's just because you haven't seen it for a while,'" LaFlam said.
LaFlam said she left, but still didn’t feel right. Once she got outside, she became more and more convinced that her diamond, which she had loved so much, wasn’t the diamond now on her finger.
LaFlam's original diamond (left), and the diamond she got back from Kay.
The new diamond seemed bigger, she said, and lacked the brilliance of the original.
"There was no sparkle, it was flat … Mine used to have a rainbow of colors," she said.
Acting on her gut, LaFlam said she called Kay and asked for her certification number. She then took the ring to another mall jeweler, and asked the store to match the number to the diamond she was holding.
She was right: The diamond’s number didn’t match her ring. She took the ring back to Kay, and when the employee finally checked the number, she said the store admitted a mistake had been made.
LaFlam said the Kay employees took the new ring away and located her diamond in New Hampshire. On Monday, the ring with her diamond was returned to her. Kanary, the Kay spokeswoman, said that the company also offered LaFlam a gift card for her troubles.
LaFlam said she is happy to have her diamond back, but she doesn't think she will ever use her warranty at Kay again — even though it is already paid for. She said being without her ring was extremely stressful.
"It is a ring, it is a material possession, but it's so much more than that," she said.
Another unhappy customer, Heidi Stier-Rivera, told BuzzFeed News she was so traumatized by her experience with Kay that she no longer wears her engagement ring.
"It was flat-out theft," she said of her experience.
Stier-Rivera, a mom of two and stepmom to two, from Rochester, New York, got married to her husband Orlando in 2007. He spent a lot of time picking out the diamond for her engagement ring before purchasing it for $3,000.
"You purchase it and it lasts beyond your lifetime," Stier-Rivera said of the sentimental value of her ring.
Orlando bought an SI1 diamond. That classification refers to the clarity of the stone — and SI1 diamonds have flaws that are usually invisible to the naked eye.
Stier-Rivera said her diamond did have a small inclusion, or flaw, that she couldn't see and that never bothered her.
Orlando originally purchased the ring in 2005 from J.B. Robinson, which is owned by the same parent company as Kay. However, a few years later, the couple's local J.B. Robinson closed and became a Kay. They were then told to bring the ring to Kay for inspections and repairs.
In 2011, Stier-Rivera said she took her ring to Kay because the setting had worn thin. She said she was told it would be better for her to get an entirely new setting. She agreed, and Kay sent the ring out, but when it came back she noticed something was very wrong with her diamond.
Stier-Rivera's original ring (left), and the ring she said she got back from Kay.
"I could instantly tell just from looking at it … It was so obvious that it was not my diamond," she said.
The new diamond, according to Stier-Rivera, had a very large flaw noticeable to the naked eye. In the above-right photo, Stier-Rivera says the flaw is off-center, to the right.
She said she was positive it wasn't her stone, and took it to a new jeweler to get it checked out.
The new jeweler told Stier-Rivera that the diamond was not an SI1, but rather an I, the next level down on the diamond clarity chart.
"The jeweler said, 'Look, this is definitely an imperfect diamond,'" she said.
When she confronted Kay, Stier-Rivera said store employees initially said the inclusion just looked bigger in the new setting. Eventually, she said, they told her the diamond was an I, not an SI1.
"They pretty much gave me every single excuse in the book," she said.
After complaining, Stier-Rivera said she got nowhere with Kay.
She gave up, but now has no desire to wear her ring because looking at it makes her angry.
"It's not the diamond my husband got for me — it has no sentimental value for me anymore," she said, adding, "I don't want to have an engagement ring that brings bad memories."
Kanary told BuzzFeed News the company had contacted Stier-Rivera about her issue.
But Kay says it has stringent policies in place to prevent diamonds from being swapped. Richard Cavello, the general manager of the Kay location in Midtown Manhattan, demonstrated to BuzzFeed News how store employees check for the certification number, and said most employees show the customers themselves where the number is.
The employees also mark whether the stone is chipped or cracked, and inform the customer before taking the ring away.
The repair workers also check for the certification number during the repair process, he said. Once the repair is completed, store employees check for the number again before handing it back to the customer.
In addition, Bouffard said, many store employees are certified diamontologists who can easily spot discrepancies in stones. These protocols, he said, ensure that every customer leaves with the diamond they dropped off.
"Our store personnel are trained to detect that, and if it was not the diamond that was received, they would know that," he said.
Bouffard said that if someone were to claim they received the wrong diamond, it is possible "they weren't provided enough info when they drop the ring off."
The women who spoke to BuzzFeed News said they are heartbroken not only because of the bad experience they each had, but because they have lost something of such sentimental importance.
Clarius said she is very sentimental and dreamed of one day passing her ring down to her son.
"Kay Jewelers took that from me, they stole it," she said. "Even if this gets settled, I do not believe I will ever get my ring back, the ring my husband proposed to me with back. That makes me feel robbed and so disappointed."
LaFlam agreed, saying her ring is so much more to her than a piece of jewelry.
"I feel like there are so many memories that [my ring] was there for," she said. "Things like this, it's just taking those memories away."


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JB Hi-Fi aims for volume
Feeling the pinch ... JB Hi-Fi might feel the need to bypass its direct local suppliers and get its goods from overseas manufacturers. Photo: Peter Braig
JB Hi-Fi chief executive Terry Smart hopes the lead-up to Christmas will provide a much-needed kick to sales.
The tough trading conditions of June spilt into the first quarter to deliver a fall in comparable-store sales.
Addressing shareholders yesterday at the annual meeting, Mr Smart said like-for-like sales at its stores were down 3.5 per cent, broadly in line with the limp sales of the final quarter of 2010-11. But total sales growth for its JB Hi-Fi-branded stores rose 6.6 per cent for the first quarter.
The poor trading update started the annual meeting season on a sour note, with investors braced for similarly pessimistic and negative updates from other discretionary retailers in the coming weeks.
Mr Smart blamed the fall in comparable-store sales on the lack of blockbuster product launches, which in the first quarter of 2010-11 helped bolster turnover.
The launch of the latest iPhone, the 4S, will be in the second quarter, whereas last financial year the new iPhone was launched in the first quarter. The early launch of the iPad in 2010-11 also helped sales.
Mr Smart said early indications were that the 4S would be a standout product, and its availability in JB Hi-Fi stores from tomorrow would propel the company as it headed towards Christmas. ''I'm fairly positive about Christmas,'' he said. ''We will have 4S phones, and our assortment is very much geared to Christmas, in terms of gift giving, and if you think, really, of Christmas, it is somewhat a non-discretionary time. People have to shop.''
JB Hi-Fi chairman Patrick Elliott warned that JB Hi-Fi might feel the need to bypass its direct local suppliers and get its goods from overseas manufacturers if competitive prices were not offered.
Mr Smart said roughly 15 per cent of JB Hi-Fi's product range was being supplied at significantly lower prices to emerging economies such as China, and there might be some benefit in moving its sourcing overseas to capture those prices.


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Lynk & Co Zero Concept unveiled, electric car to boast over 700km range
Geely's premium brand will begin producing the all-new electric car from 2021
Rising Chinese brand Lynk & Co has unveiled its latest creation in the Zero Concept, an outline for an electric car that's set to offer more than 700km of range when it enters production in 2021.
The production Zero will mark the first fully electric car to be produced by Lynk & Co – a premium brand that first launched in China in 2017 as a joint venture between Geely Auto Group and its subsidiary, the Volvo Car Group.
Lynk & Co describes the Zero as a "technology-oriented performance touring coupe" with a "dynamic, sporty profile" and wheelbase measuring just under three metres in length.
The production model is expected to offer "in excess" of 700km of range from a single charge (according to NEDC testing) and its 0-100km/h sprint time is expected to fall below the four-second mark.
Much like Tesla's cars, Lynk & Co claims the production version of the Zero will be able to receive over-the-air technology updates and will boast full voice integration.
Both the concept and production cars will be based on the Geely's Sustainable Experience Architecture (SEA), a new electric vehicle (EV) architecture expected to serve as the basis for all of the Geely's future electric models.
Geely wants an "open source" approach to its EV architecture, with plans to share SEA with other manufacturers beyond its own portfolio of brands, which currently includes Volvo, Polestar and Lotus.
The Zero production car will be manufactured out of a facility in Eastern China, but the design work for the concept was conducted in Gothenburg, Sweden.
The new EV will join Lynk & Co's existing line-up of five models, which have collectively sold over 300,000 units in the Chinese market since 2018.
Up until now, Lynk & Co has only sold vehicles in China, but has previously outlined plans to extend its operations to Europe, with its first so-called "community hub" planned to open in Amsterdam sometime this year.
It's not yet known whether a production version of the Zero Concept would be available outside of China.


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Fortunoff Backyard Store elects president
February 15, 2017,
Fortunoff Backyard Store announced the election of Curt Littlejohn to the office of president effective immediately. Littlejohn, who was elected president of Chair King Backyard Store in 2016, now takes on the additional responsibility of heading up the iconic Fortunoff Backyard Store brand as well. Bernie Sensale continues to serve as executive vice president and CEO and David Barish continues in his role as Chairman of Fortunoff Backyard Store.
See Related Article: Chair King Backyard Store opens new facility
See Related Blog: March to Market
“We are very excited about the potential of having Curt serve as president of all our companies in order to provide the continued leadership and operational synergies of one vision across the board as we move forward in the years ahead,” said David Barish, chairman of both Chair King and Fortunoff Backyard Store.
Related Content By Author
High Tidings from South Sea Outdoor Living
Casual Living eWeekly
Most Viewed Articles
June Digital Edition
Don’t miss the June digital edition of Casual Living and our fourth and final installment of the Elements series—Air. Contributor Marc Barnes talks with shade manufacturers about their latest innovations, and freelancer Laurie Rudd keeps us suspended in midair, literally, with a showcase of hanging outdoor products. Also be sure to check out our annual Casual Living Merchandising Awards winners, and don’t miss our behind-the-scenes look at Telescope Casual.


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|Search : Oneplus News|| Page 1 |
45% off Vastar 4-in-1 USB Charging Cable Adapter With Micro, Mini USB and ..
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TheRecord.com Netflix and Walmart online sites have one thing in common: bad password rules, study shows TheRecord.com SAN ANTONIO Some favourite apps and websites have poor security controls that allow consumers to create pretty terrible passwords that leave them vulnerable to hackers , ..


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’Tis the season of gift giving, and as the holidays approach, the University of Maryland, Baltimore (UMB) opened its annual Christmas Store at the Community Engagement Center (CEC) on Dec. 9 and 10. The store is a special tradition for West Baltimore neighbors that provides a convenient location to purchase holiday gifts for their loved ones at a deep discount.
“We are trying to make purchasing holiday gifts in reach for everybody,” said Brian Sturdivant, MSW, director of strategic initiatives and community partnerships for UMB. “This year, in this economy, everybody's feeling stretched. We really want to make sure that our neighbors are able to buy gifts for their loved ones without putting themselves out too much.”
Unlike many toy drives that happen around the holidays, UMB’s Christmas Store works directly with parents so that they can hand-pick toys and gifts for their families rather than receive a gift from an anonymous source. For the Christmas Store, donors purchase full-priced toys through an online gift registry. Then, those toys are sold to West Baltimore neighbors at a steep discount. All the gifts in the store are marked down to a third or a quarter of their regular retail price, and most of them cost between $1 and $5. This model allows neighbors to personally pick out gifts for their loved ones and makes parents the “heroes of Christmas.”
“I think it’s a win-win situation,” said Keesha Howard, a neighbor from Poppleton. “Instead of someone else selecting the toys for your kids, you get to pick them out. You know your children best. They have given their wish list to Santa Claus, and you get to fulfill that wish at a price that meets your income.”
The store is organized through a partnership between UMB’s Office of Community Engagement and the Foundry Church of Baltimore. This year, local CBS affiliate WJZ joined the effort in collecting inventory for the store, which totaled more than 1,000 toys. In addition to the toys for sale, the Maryland Book Bank set up shop in the store. Every shopper who passed through could pick out a book for each of their children and a holiday-themed book to read as a family at no charge.
“This store is a wonderful tradition for us, and we will continue to make it bigger and better every year,” said Lindsay Ferguson, the director of operations and outreach for the Foundry Church. “We want to see people in our city lifted, thriving, and doing well, and we want to see our families grow and be strong.”
All the money collected from the purchase of toys at the Christmas Store is donated back to the West Baltimore community. This year, the profit from the store will go toward supporting youth organizations such as 10:12 Sports and Safe Alternative.


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Valve, as many of you already know, recently rolled Steam Big Picture Mode out of beta. For those who need a refresher, Big Picture Mode takes Steam and makes it play nice with larger screens, upping the resolution and allowing users to navigate the Steam interface using a controller. Despite the relatively simple idea, it would appear that Big Picture Mode has taken off, with Valve boss Gabe Newell telling Kotaku that the response from users has been “stronger than expected.”
Looking into the not-so-distant future, what’s on deck for Valve is rolling Steam for Linux out of beta. After that’s done, Valve wants to make Big Picture Mode compatible with Linux. Doing those two things will apparently pave the way for Valve to develop its own hardware for the living room. Newell suggests that PC manufacturers will begin releasing packages aimed at the gamer, which would be computers that players could hook up to a TV and use to run programs like Steam.
It would appear that Newell counts his own company among the ones that will be releasing these PC packages, which he points out will compete with the console world’s next generation offerings. Unfortunately, don’t expect Valve’s hardware – if it ever comes into existence, that is – to be an open system. “Well certainly our hardware will be a very controlled environment,” Newell said. “If you want more flexibility, you can always buy a more general purpose PC. For people who want a more turnkey solution, that’s what some people are really gonna want for their living room.”
Of course, we’ve been hearing for a very long time that Valve will one day begin creating gaming hardware of its own, and we have to remember that Gabe Newell is a man who likes to talk about the future of technology, especially as it relates to games. In other words, this doesn’t necessarily count as confirmation that Valve is actually working on the oft-rumored Steam Box, but it is something fun to think about. We’ll just have to wait and see how this whole thing unfolds, so stay tuned.


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Note 9 Upgrade
There appears to be a lot of hustle and bustle at the Redmi headquarters this time of year!
Earlier this year, they launched the Redi Note 9 series with 5 mid-range smartphones. They are set to be launching another 3 smartphones in the near future in China as confirmed by the Redmi GM, Lu Weibing’s Weibo post. Two of these upcoming smartphones (the Redmi Note 9 Standard Edition and the Redmi Note 9 High Edition) have recently been leaked.
The Note 9 Standard Edition is believed to be very similar to the note 9 5G and is expected to feature a 5000 mAh battery, 22.5W fast-charging, a 48 MP camera, and a 6.53-inch FHD+LCD Display.
The High Edition, however, is supposed to have a 120Hz display and 240Hz touch sampling. Using the Snapdragon 750G, it is supposed to be a significant upgrade over the Note 9 Pro. It is also expected to have a 108 MP camera and a 33W fast charger.
K30 Pro Discontinuation
Released in 2020, the K30 Pro by Redmi is believed to be seeing its end in the near future as Redmi moves on to bigger and better things, hopefully! Lu Weibing confirmed the discontinuation of this model only 8 months after its release. On the official Xiaomi website, the article has already been discontinued and appeared to be “Out of Stock”.
The successors to the K30 Pro are expected to be announced soon and it is being speculated that the discontinuation of the K30 Pro is merely means for Redmi to de-clutter and focus their resources and the spotlight on what is to come next.
For more information visit OLX to find a wide range of automobiles and choose the one that best suits your preferences and budget. With thousands of ads posted daily, OLX is the smarter choice.
OLX Pakistan as an online classifieds’ marketplace is providing access to affordable devices to a large population of this country, and playing its role in the digitization of the country. With thousands of ads posted daily, OLX is the smarter choice.


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For years, magazine publishers (and the brands who buy ads inside their pages) have enjoyed heavy impulse sales from bored supermarket shoppers, trapped in checkout lines, who find themselves leafing through Vogue or Cosmo while waiting to pay for groceries.
But that's all coming to an end thanks to mobile phones, Bloomberg reports.
The problem has worsened in the past 18 months, as more than half of all Americans now carry smartphones, [John Loughlin, general manager of Hearst's magazine unit,] said. Single-copy sales of U.S. consumer magazines fell 8.2 percent in the second half of 2012 from the year-earlier period, according to the industry group Alliance for Audited Media.
We told you about mobile supermarket blindness back in February, when Hearst discovered that single-copy sales of Cosmopolitan had declined 18.5 percent in the second half of 2012.
It's a new and separate threat to "showrooming," the phenomenon of shoppers comparing prices online and elsewhere on their phones while browsing in the physical store.
Companies are scrambling to get their in-store promotions placed in areas other than the checkout aisle, in order to ambush shoppers when they're not looking at their phones.
The problem of "mobile blinders is a huge factor," said Marshal Cohen, an analyst at NPD Group. "Companies have to rethink the in-store experience."


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Commenting, Andrea Rozario, director general of SHIP, the equity release trade body, said: “We welcome Defaqto’s balanced review of the rates of lifetime mortgages vs. long term fixed rate mortgages. It clearly illustrates that for a product such as a lifetime mortgage which could conceivably be held by a consumer for more than 25 years, the average interest rates are comparable to much shorter term products without the same stringent safe-guards.
“Measures on lifetime mortgages such as the no negative equity guarantee, security of tenure and no monthly repayments affect the pricing structure of the products naturally leading to a slightly higher rate. However, these safeguards provide a wealth of reassurance that customers want when they choose to access the equity in their homes.
“Within this research, Defaqto also highlighted the growth potential of the market and the benefits that this will bring to consumers. SHIP is actively working to grow the industry and we believe that as the funding issues ease, we will see the market expand and over time, new companies enter the sector.”


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iPhone 5S has become the new “fastest phone ever tested”, bumping Samsung’s Galaxy S4 out of the top spot
Apple Balla reports that a London based magazine, called “Which?”, has announced that iPhone 5S has become “the fastest phone ever tested”.
The “Which” comes in the conclusion by examining the speeds of the latest models of other reputed manufacturers, including Apple, Samsung, LG and HTC.
The iPhone’s other fierce competitors, LG’s G2 and Samsung’s Galaxy S4 handsets, find themselves in the second and third position accordingly.
The fourth position was taken by one of the HTC handsets, and the fifth position was achieved by Samsung’s Galaxy S4 Mini.
In the latest investigation, Samsung’s Galaxy S4 got itself knocked out of the top spot and moved down to two spots-the third position.
The most significant fact of the ranking lies in the point that thought Apple’s prime competitors build their handsets with quad core processors, they have not been able to top the outstanding pace of the dual core processor of iPhone 5S. It has revealed a very important point, that is: increasing the number of cores doesn’t make any device to perform faster, but it does increase the capability of performing multiple activities at a time.
With the possibility of releasing upcoming products with superb speed, Apple is expected to stay in the top position for a longer period of time.
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Bitcoin, Ethereum and XRP: Potential for Significant Gains
Recently, there has been a lot of talk about Bitcoin touching $250,000, Ethereum hitting $10,000, and XRP reaching $100. While these numbers may seem outlandish to some, they are not completely unfounded.
One of the main reasons for this optimism is the growing interest in cryptocurrency among institutional investors. Major players like Grayscale, MicroStrategy, and Square have all made significant investments in Bitcoin, and this trend is likely to continue.
In addition, the recent halving event has reduced the supply of new Bitcoins entering the market, which could further increase demand and drive up the price.
Ethereum, in particular, has seen a surge in popularity thanks to the growing interest in decentralized finance (DeFi) applications. As more developers build on the Ethereum platform, the demand for Ether (the native token of the Ethereum network) is likely to increase, driving up its price.
Furthermore, Ethereum’s recent announcement of the Ethereum 2.0 upgrade has created even more buzz in the crypto community. This upgrade aims to address some of the scalability issues that have plagued the Ethereum network, which could make it even more attractive to investors and developers alike.
Recently, there has been growing interest in the use of Ethereum for non-fungible tokens (NFTs), which are digital assets such as art, music, and collectibles that are unique and verifiable. Many artists and creators are turning to NFTs as a way to monetize their work and connect with their fans.
In addition, Ethereum is also being used to power some of the most exciting developments in the DeFi space. The decentralized exchange (DEX) Uniswap, for example, has quickly become one of the most popular platforms for trading decentralized tokens, with billions of dollars in trading volume.
As for XRP, it has been making headlines lately thanks to its partnership with major players in the financial industry. Ripple, the company behind XRP, has partnered with the likes of Santander, American Express, and MoneyGram to explore the use of XRP as a means of cross-border payment.
In addition, XRP has also been used in the emerging field of decentralized finance (DeFi). Some DeFi platforms are using XRP as collateral for loans, which could further increase its demand and drive up its price.
Bitcoin, on the other hand, has long been seen as a store of value and a means of payment. Recently, there has been growing interest in using Bitcoin as a hedge against inflation in countries with unstable currencies. In countries like Venezuela and Zimbabwe, where hyperinflation has caused the local currency to lose value rapidly, Bitcoin has become a popular alternative for those looking to protect their wealth.
In addition, some companies are starting to accept Bitcoin as a form of payment. For example, Tesla recently announced that it had invested $1.5 billion in Bitcoin and would start accepting it as a payment method for its products.
Furthermore, Bitcoin is also being used to power some of the most innovative and disruptive developments in the financial industry. The concept of decentralized finance (DeFi) has been made possible by the underlying blockchain technology that powers Bitcoin, allowing for new financial instruments and services that are open, transparent, and accessible to anyone with an internet connection.
One example of this is the concept of Bitcoin-based loans. which allow users to borrow against their Bitcoin holdings without having to sell them. This can be a useful tool for those who need access to cash but don’t want to sell their Bitcoin, which they believe will appreciate in value over time.
So, what does all of this mean for investors and enthusiasts? Well, it’s important to remember that cryptocurrency is still a highly volatile and speculative market. While there is certainly potential for significant gains, there is also a risk of significant losses.
That being said, if you’re interested in investing in Bitcoin, Ethereum, or XRP, it’s important to do your research and choose a reputable exchange or broker. And if you’re not ready to invest just yet, it’s still worth keeping an eye on these cryptocurrencies and their potential for growth in the coming years.
In conclusion, Bitcoin, Ethereum, and XRP all have the potential to see significant gains in the future. While it’s impossible to predict the exact price of these cryptocurrencies, the growing interest from institutional investors and the wider financial industry is certainly a positive sign.
Whether you’re a seasoned investor or just getting started with cryptocurrency, it’s important to stay vigilant and stay informed. By doing so, you can maximize your chances of success in this exciting and rapidly-evolving market.


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Just yesterday we shared with you, that popular apps like the Tango Video Calls, PES 2012, Skype and even Angry Birds will not be compatible with the low-on-RAM Nokia Lumia 610 and today we see Nokia clarifying that Angry Birds would be available for the Lumia 610 very soon.
The news comes in from Nokia’s Blog where Heidi Lemmetyinen, Editor-in-Chief, Nokia Conversations, responded in the comments section regarding the concerns of Nokia Lumia 610 buyers with Angry Birds not being supported.
Heidi responded to the query saying that Nokia and Rovio are indeed aware of this non-compatibility and the makers are working on a 256 MB optimised and compatible version of Angry Birds which would be out soon and no dates have been stated.
Heidi said (translated):
“The Rovio team is currently being Angry Birds Lumia 610 for the optimized version. Yet it is not therefore available to the public but we’ve known about this. We will notify you, of course as soon as possible.“
So, for now we have to just wait and hope that this indeed is true as Windows Phone users are also waiting for Angry Birds Space which was also promised by both Rovio and Nokia to all Nokia Windows Phone users. And also hope that the 5% of all the Windows Phone apps not compatible with low-RAM devices are optimized before it’s too late.


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British Fashion Council has launched a a joint non-medical face coverings campaign with ‘Bags of Ethics’: Great British Designer Face Coverings
Reusable, For People and Planet
The aim of the campaign is to reduce stigma by manufacturing designer face coverings for the public, in line with advice from the scientific community.
“We have always been at the forefront of supporting the public through mass behavioural changes in positive and useful ways. Since the early 2000s we helped supermarkets, and retailers reduce their single-use plastic bag consumption by 5+ billion units through sustainable and reusable bags. A new challenge arises with the Coronavirus pandemic”, said Dr R Sri Ram, Chairman of Bags of Ethics.
The campaign manufactures and retails REUSABLE, SUSTAINABLE, NON-MEDICAL face masks all over the world.
Great British Designer face coverings are designed in London by six British designers:
- Julien Macdonald
- Liam Hodges
The project aims to raise £1 million.
“Fashion is a unifying force and now, more than ever, it is essential that we collaborate and come together to support each other through difficult times. Our ambition is to contribute to the fight against COVID-19, while protecting vital PPE supplies reserved for the NHS. Through this project, we will not only celebrate British designers but also champion sustainability in a time of crisis.” Explains Caroline Rush, Chief Executive at BFC.
Sale proceeds will be used to support non-profits including:
- NHS COVID 19 Urgent Appeal.
- BFC foundation Fashion Fund.
- ‘The Wings of Hope’ children charity.
The non-medical face coverings are reusable and sustainable, free of single-use plastics.
Where To Buy British Fashion Council Face Masks + Prices
For £15 you’ll get three designer face masks and two protective pouches.
All face masks are reusable and washable.
The face masks are available directly on the ‘Bags of Ethics‘ website.
You can also order them online, from the retailers below:
- John Lewis & Partners


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Dan River profits soar in home, but 2Q may be tough
April 25, 2003,
Danville, VA — With profits more than doubling in its core home fashions business as margins gained strength, Dan River Inc. posted a $2.8 million first-quarter profit, compared with a $25.8 million loss the year before, when the company took a hit on the Kmart bankruptcy and recorded a $21 million non-cash accounting charge.
But the good news was forgotten fast when the company warned that the sales outlook remains clouded. It said it will record a small loss during the second quarter as it adds up all of the costs tied to a recently completed refinancing that will ultimately provide the company with more breathing room.
The crystal ball remains clouded, however. "The uncertainties imposed by the soft economy, high unemployment and the war in Iraq have depressed consumer spending," said Joseph Lanier Jr., chairman and ceo. "This is reflected in the negative same-store sales comparisons reported by most retailers. In reaction, our customers are very skittish about placing new business and are very conservative in their order quantities."
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‘Lord of the Rings’ Lego: Gollum looks … precious
Posted in: Toys
It’s been a bumpy year so far for Lego but the leaders at the Billund, Denmark, company can take solace in the fact that their summer plans have the ring of an epic success. Warner Bros. Consumer Products and The Lego Group already have a partnership that clicks (“Harry Potter” and “Batman” Legos seem to be doing pretty well) and this June they will begin rolling out Lego sets based on Peter Jackson’s “The Lord of the Rings” trilogy and the upcoming two-film series “The Hobbit.” Here’s a first look at some Middle-earth minifigs. By all appearances, this is a line that will have Lego-lovers talking Tolkien. “The Hobbit: An Unexpected Journey” arrives Dec. 14, 2012.
— Geoff Boucher
RECENT AND RELATED


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Bottega Veneta may be in for some trouble. For a little over 24 hours now, a video of a Russian customer and a shop assistant at the Bottega Veneta store in Florence has been doing the rounds on the Internet, while inviting fury from many.
The viral clip shows the shop assistant refusing services to the visitor stating that she is not allowed to sell items to customers of Russian origin. To this, the outraged customer asks – “And if I come with a friend with an Italian passport, can he buy the jacket for me?”
The shop assistant, who was aware that she is being filmed replies, ‘Yes, he can.” However, little was she aware of the consequences that would follow. The video quickly escalated on the internet, inviting a series of negative reviews.
So much so that the store had to close its Google Maps listing after negative comments pulled its ratings down to 1 star. However, according to some, the move was not a display of ‘Russophobia’ but a mere application of the EU sanctions in force since last March relating to exports.
The said legislation reads: ‘The Commission Services, following requests from the Member States, have clarified how the prohibition on exporting, directly or indirectly, the luxury goods listed in Annex XVIII to any natural or legal person, entity, or body in Russia, or for use in Russia, should apply and, in particular, how the prohibition on exporting should be understood to the extent that the value of the goods exceeds EUR 300 per item.’
Regardless of the motive, Bottega Veneta isn’t the first brand to apply a Russia Ban. In April, Chanel also announced its decision to stop selling to Russian customers in boutiques across the world. Any thoughts on the controversy?


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JAL has won the "Best Wi-Fi in Eastern Asia 2024" award at the FTE APEX Asia Expo 2023 held in Singapore in November 2023. Passengers from more than one million flights on nearly 600 airlines around the world were given the opportunity to provide anonymous ratings. JAL has become the most awarded airline for Best Wi-Fi after winning this award six times since the category was created in 2017. JAL will continue to provide all passengers with high-quality products and services to ensure a comfortable journey.
- APEX (Airline Passenger Experience Association) is one of the world's largest airline industry association. The non-profit organization involves airlines, airports and airline-related suppliers around the world.


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The popular energy drink, a product of Farmington Hills-based Living Essentials LLC, and sold almost universally at gas stations and convenience stores, has been under assault in the media since at least August, when it joined similar products as part of a New York attorney general investigation.
Things got worse in November, when The New York Times revealed that the U.S. Food and Drug Administration has records of 13 deaths over the last four years that include the "possible involvement" of 5-Hour Energy drink.
The company has been in damage control ever since, but may have made things worse with a recent advertisement defending its product's safety.
The spot prominently features comments by the Center for Science in the Public Interest's (CSPI) Executive Director Michael F. Jacobson, saying that "overdoing caffeine alone is pretty difficult to do."
"Someone would have to make an effort to consume 40 or so 200-mg caffeine tablets," the ad quotes Jacobson as saying in a November issue of Time magazine.
However, in a warning released Wednesday to consumers, CSPI says to "not believe" the 5-Hour Energy ad, because, in part:
It is true that it would take a lot of caffeine to kill most people, according to Jacobson. But 5-hour Energy may be doing harm at much lower levels—perhaps causing insomnia, anxiety, reduced fertility, and other problems related to caffeine.Moreover, besides caffeine (about 215 milligrams), 5-hour Energy contains large doses of B vitamins as well as an "energy blend" that contains chemicals such as citicoline, tyrosine, phenylalanine, taurine, malic acid, glucuronolactone, unspecified natural and artificial flavors, sucralose, potassium sorbate, and sodium benzoate. It is conceivable that interactions between, or contaminants in, the various ingredients could be responsible for illnesses or deaths, says CSPI.
CSPI adds that Jacobson actually sent a letter to the FDA on Nov. 16 expressing concern over the expanded use of caffeine in food and beverages, mentioning, among other things, the 13 deaths linked to 5-Hour Energy.
In Wednesday's release Jacobson says, "I advise consumers not to use 5-hour Energy—at least until the FDA gets to the bottom of the heart attacks, convulsions, and deaths that have been reported in connection with the product."
CSPI said its lawyers have sent a cease and desist letter to Living Essentials, instructing to it to stop using the name of Jacobson or the CSPI in its commercials.


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So substantially for the vaunted next-fifty percent comeback. The two key computer system-chip companies are now acknowledging Personal computer need is fading beyond their already downbeat outlooks.
On Monday, Bernstein analyst Stacy Rasgon posted a report just after assembly with senior executives at
Highly developed Micro Gadgets
) past week. The key takeaway is the Computer industry is “getting even worse.”
AMD and Intel use the x86 chip architecture in earning the processors that act as the most important computing brains for PCs and servers.
For Intel, the company’s Chief Money Officer David Zinsner informed Rasgon the Laptop market has “deteriorated further” than the “down 10% [versus 2021]” annual Personal computer-marketplace advice the corporation gave in July. The government did not provide a revised outlook. Zinsner explained the knowledge-centre industry has weakened on the back of softer profits in China and the far more complicated macro ecosystem.
The analyst also fulfilled with AMD’s Dan McNamara, the head of the chip maker’s enterprise-server device. The AMD government revealed the present-day Pc setting is “messy,” and the outlook from customers is weaker than expected. AMD explained the Computer system current market is trending even worse than the company’s prior Personal computer sector outlook of down “midteens” % versus the prior year.
Rasgon has an Underperform rating on Intel stock with a $30 cost target. He premiums AMD inventory at Outperform with a $135 rate goal.
In Monday trading, Intel stock fell .8% to $29.00, although AMD stock traded down .3% to $76.28.
In April, Intel projected a rebound for the Pc current market for the 2nd half of this yr. But small business ailments have only gotten worse in the ensuing months. Around the world shipments for personalized pcs fell 15% in the June quarter from a yr previously, according to IDC. Then Intel and AMD lowered their comprehensive-calendar year 2022 Pc current market forecasts when they described their next-quarter earnings.
But now both equally providers say the overall Computer system market is faring even even worse than their reduced anticipations. That does not bode very well for their outcomes likely forward.
Publish to Tae Kim at firstname.lastname@example.org


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With the announcement last week that Tesco’s deferred prosecution agreement with the United Kingdom’s Serious Fraud Office was formally approved, Stewarts Law confirms that its High Court shareholder action will press ahead.
Home Featured articles Tesco shareholder action forges ahead
Tesco shareholder action forges ahead
A lawyer who has considerable experience in environmental litigation has expanded Vinson & Elkins’ capabilities in Austin, Texas.
CPA Global has been named in an investigation into the alleged overcharging of its patent renewal services by Kobre & Kim and Baker & Partners.


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The world’s three biggest container shipping groups including Denmark’s Maersk have said they are suspending non-essential deliveries to Russia following its invasion of Ukraine – Copyright AFP/File Nhac NGUYEN
A study published on Tuesday by analysts at the Royal Bank of Canada (RBC) found that one-fifth of the global container ship fleet was currently stuck in congestion at various major ports.
The report details several major issues, including China’s COVID-19 lockdowns, Russia’s invasion of Ukraine, and other strains on the supply chain, creating long delays and worsening port congestion, reports Reuters.
Global ports, from China, the U.S., Canada, and Denmark have gone from a pre-pandemic elasticity – able to easily flex to match demand – to one of stasis or nearly complete stoppage of activity.
“The way we look at the global economy needs to change,” said Steven Barrow, a currency strategist at Standard Bank, according to Supply Chain Brain. “No longer should we look at growth, inflation, and monetary policy through the lens of demand. Instead, it is supply that’s key.”
Trying to measure the degree of stress on the supply chain involves taking into account local stresses, such as the COVID-19 lockdowns in China, and right now, the Russian invasion of Ukraine. These issues have far-reaching effects on the global economy.
Not only that – but ships and containers must both be available at the right time and place to prevent canceled bookings. Any mismatched results in ships running below full capacity mean more are then required to move the same amount of freight.
RBC said the plethora of problems was having a “domino-like negative compounding effect across various markets.” Though vessel delays have improved fractionally over the last couple of months, the average global delay of a ship’s arrival was still 7.26 days in March, a figure that rarely tops 4.5 days in normal times, RBC noted.
At Canada’s Montreal Port Authority, President and CEO Martin Imbleau said supply chain challenges will likely continue according to the annual report, The Suburban reports.
The shipping industry is experiencing difficulties accessing containers according to Imbleau but he said the crisis in Ukraine does not have a direct impact on the Port of Montreal since trade with Russia and Ukraine is ‘marginal.”
Imbleau attributed the challenges to the fact that many containers are ‘in the wrong place and the wrong time’ and that costs have increased significantly. Additionally, the situation is difficult in some west coast ports due to long waits for ships.
On the U.S. West Coast, the ports of Los Angeles and Long Beach continue to struggle to keep up. Time of Turnaround (ToT) for vessels waiting to unload has jumped to 6.9 days from 5 days a month ago.


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The latest must-have nail polishes from Chanel are its collection Les Jeans de Chanel. Peter Philips, Creative Director of Chanel developed a trio of blue lacquers, inspired by denim. According to the press release: A gradation of three shades, the colours range from deep to medium to very pale blue, evocative of the different styles and shades of one of the world’s largest wardrobe staples.
Les Jeans de Chanel comes in three shades Blue Rebel, Blue Boy and Coco Blue.
Available this month at Chanel stores and online this month.


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Fresh data from the National Bureau of Statistics has shown a rise in Nigeria’s inflation for the month of October by 0.36 basis points year on year to 11.61 per cent and also increased month on month to 1.07 per cent from 1.04 per cent.
The composite food index rose by 14.09 per cent in October compared to 13.51 per cent recorded in September due to increases in prices of meat, fish, vegetables, bread and cereals, potatoes, yam and other tubers.
Core inflation, which excludes the prices of volatile agricultural produce eased to 8.88 per cent year on year in October compared with the 8.94 per cent recorded in September.
The urban inflation rate stood at 12.20 per cent year-on-year in October from September’s 11.78 per cent, while rural inflation increased to 11.07 per cent in October from 10.77 per cent in September.
On a month-on-month basis, the urban index rose to 1.15 per cent in October from 1.13 per cent, while the rural index was slightly higher at 0.99 per cent from 0.96 per cent.
According to experts, the rise in inflation rate may be connected to the ongoing border closure which had made it difficult for products to be exported and imported into the country through the land borders.


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Posts Tagged ‘Google Apps’
Microsoft and partner En Pointe Technologies won a multiyear contract to supply the cloud-based Office 365 productivity suite to Los Angeles County based on the familiarity of its users with the system.
Managed services tools vendor GFI MAX released App Control, a new system that allows MSPs to monitor and manage cloud-based applications and licenses on behalf of their customers. It’s also a sign of how managed services will evolve and become part of cloud computing.
The city of Boston ushered in a new era at the beginning of the year by not just appointing its first new mayor in a generation, but also changing over its 75,000 users from Microsoft to Google Apps. It’s a big win for Google, but it’s not everything it appears.
US-based cloud brokerage Cloud Sherpas boosts its UK and European presence with purchase of Stoneburn.
Microsoft is stepping up efforts to get more partners and customers adopting its cloud-based Office 365 productivity suite by expanding commissions on referred accounts. The goal: Stop Google Apps in its tracks and recapture lost customers.
Dell Boomi’s Rick Nucci talks about the growing success of AtomSphere integrations, a new global alliance with Wipro Technologies and the future of middleware.
Microsoft unleashes Office 365 Home Premium to the consumer market, giving users access to Outlook, Word, Excel, PowerPoint, Skype and Skydrive on up to five devices for $99 a year. With more competitive pricing for students, Microsoft may be looking to create consumer demand that catalyzes the business world. Success is critical, as Office may be Microsoft’s last shining star.
Google believes it can capture 90 percent of Microsoft Office users paying a premium for features they don’t use. The overt goal: a direct assault on Microsoft’s cash generator and potential future business cornerstone, as Windows 8 continues to struggle.


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Bridgewater, New Jersey (USA), July 17, 2015 – Amneal Pharmaceuticals has launched four new products since June, 2015. On July 13, the company obtained FDA approval for its tobramycin inhalation solution (a generic equivalent for Tobi® inhalation solution); it is the first inhalation solution formulation offered by Amneal. On July 11th, Amneal started shipping memantine HCl immediate release tablets in 5 mg and 10 mg strengths. This product is one of the first generic equivalents to Namenda® on the market.
Earlier in June, Amneal launched temozolomide capsules (AB-rated to Temodar® ) in six different strengths along with divalproex sodium extended release (AB-rated to Depakote® ER) in 250 mg and 500 mg tablets.
“We developed memantine at a customer’s request. For some time, patients and payers have been eagerly awaiting availability of this generic product, and now we are pleased to be one of the first manufacturers to bring it to market,” explains Amneal Co-CEO & Chairman Chirag Patel. “It’s one of those products that brings value to everyone in the healthcare supply chain: our customers, the patients, and the payers. Tobramycin is extremely exciting for us in that it’s a new dosage form for Amneal—proof we’re delivering the varied portfolio we committed to offering our customers.”
Visit the Amneal product catalog at amneal.com for more information. Full prescribing information, for divalproex sodium can be found at https://prd02.apsiva.net/210/GenericCategory/DivalproexSodiumER-pi.pdf.
About Amneal Pharmaceuticals LLC
Amneal Pharmaceuticals LLC is a global supplier of generic pharmaceuticals, vertically-integrated across the entire supply chain from R&D to finished goods. Since its inception in 2002, Amneal has invested extensively in R&D resources, manufacturing infrastructure, and strategic expansion opportunities—all contributing to its significant growth. The Company prides itself on its unwavering commitment to quality, strong business relationships, and innovative approach to maximizing value. Amneal is privately-held with U.S. headquarters in Bridgewater, New Jersey and international headquarters in Zug, Switzerland. For more information, please visit www.amneal.com.
All trademarks are property of their respective owners.


text: By Paul Krugman The New York Times / Op-Ed ColumnistConsider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all the classic signs of a bubble. There was rapid growth in credit — with much of that growth taking place not through traditional banking but rather through unregulated “shadow banking” neither subject to government supervision nor backed by government guarantees. Now the bubble is bursting — and there are real reasons to fear financial and economic crisis.Am I describing Japan at the end of the 1980s? Or am I describing America in 2007? I could be. But right now I’m talking about China, which is emerging as another danger spot in a world economy that really, really doesn’t need this right now.I’ve been reluctant to weigh in on the Chinese situation, in part because it’s so hard to know what’s really happening. All economic statistics are best seen as a peculiarly boring form of science fiction, but China’s numbers are more fictional than most. I’d turn to real China experts for guidance, but no two experts seem to be telling the same story.Still, even the official data are troubling — and recent news is sufficiently dramatic to ring alarm bells.The most striking thing about the Chinese economy over the past decade was the way household consumption, although rising, lagged behind overall growth. At this point consumer spending is only about 35 percent of G.D.P., about half the level in the United States.So who’s buying the goods and services China produces? Part of the answer is, well, we are: as the consumer share of the economy declined, China increasingly relied on trade surpluses to keep manufacturing afloat. But the bigger story from China’s point of view is investment spending, which has soared to almost half of G.D.P.The obvious question is, with consumer demand relatively weak, what motivated all that investment? And the answer, to an important extent, is that it depended on an ever-inflating real estate bubble. Real estate investment has roughly doubled as a share of G.D.P. since 2000, accounting directly for more than half of the overall rise in investment. And surely much of the rest of the increase was from firms expanding to sell to the burgeoning construction industry.Do we actually know that real estate was a bubble? It exhibited all the signs: not just rising prices, but also the kind of speculative fever all too familiar from our own experiences just a few years back — think coastal Florida.And there was another parallel with U.S. experience: as credit boomed, much of it came not from banks but from an unsupervised, unprotected shadow banking system. There were huge differences in detail: shadow banking American style tended to involve prestigious Wall Street firms and complex financial instruments, while the Chinese version tends to run through underground banks and even pawnshops. Yet the consequences were similar: in China as in America a few years ago, the financial system may be much more vulnerable than data on conventional banking reveal.Now the bubble is visibly bursting. How much damage will it do to the Chinese economy — and the world?Some commentators say not to worry, that China has strong, smart leaders who will do whatever is necessary to cope with a downturn. Implied though not often stated is the thought that China can do what it takes because it doesn’t have to worry about democratic niceties.To me, however, these sound like famous last words. After all, I remember very well getting similar assurances about Japan in the 1980s, where the brilliant bureaucrats at the Ministry of Finance supposedly had everything under control. And later, there were assurances that America would never, ever, repeat the mistakes that led to Japan’s lost decade — when we are, in reality, doing even worse than Japan did.For what it’s worth, statements about economic policy from Chinese officials don’t strike me as being especially clear-headed. In particular, the way China has been lashing out at foreigners — among other things, imposing a punitive tariff on imports of U.S.-made autos that will do nothing to help its economy but will help poison trade relations — does not sound like a mature government that knows what it’s doing.And anecdotal evidence suggests that while China’s government may not be constrained by rule of law, it is constrained by pervasive corruption, which means that what actually happens at the local level may bear little resemblance to what is ordered in Beijing.I hope that I’m being needlessly alarmist here. But it’s impossible not to be worried: China’s story just sounds too much like the crack-ups we’ve already seen elsewhere. And a world economy already suffering from the mess in Europe really, really doesn’t need a new epicenter of crisis.


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(Reuters) - Target Corp TGT.N said on Wednesday it would hire 100,000 workers for the holiday season, up 43 percent from last year, as the retailer pulls out all the stops to build on its recent uptick in sales.
The company’s shares rose 3.4 percent as the move, coming off four years of flat seasonal hiring, cheered investors in a gloomy retail landscape where companies are shutting hundreds of stores and cutting jobs.
Target posted its first increase in comparable-store sales in five quarters last month, raising expectations that its turnaround plans were taking hold heading into the all-important holiday season.
“I think (Target) sees an opportunity to take market share in an environment where we have so many store closures in the specialty apparel and department store space,” said Retail Metrics analyst Ken Perkins.
Retailers including Sears Holdings Inc SHLD.O and Macy's Inc M.N have announced plans to close hundreds of stores as they struggle with increasing competition from Amazon.com AMZN.O and fast-fashion retailers such as Forever 21.
Target’s increased store staffing looks to be aimed at preventing loss of sales from customers walking out because of busy checkout lanes or lack of assistance while making purchases, Moody’s analyst Charlie O’Shea said.
Moreover, Target last week lowered prices on thousands of items, a move that could bring in more traffic.
“I think they have the potential to have a (better) holiday season than any of their competitors,” Perkins said.
Seasonal hiring plans give a glimpse into retailers’ holiday sales expectations as the companies make nearly a third of their annual sales during the period, which starts a day after Thanksgiving and continues into early January.
With other major holiday season employers such as Amazon, Macy's and Kohl's Corp KSS.N yet to announce hiring plans, analysts were divided on whether these companies would emulate Target's hiring spree.
“I would be stunned if we see other retailers increasing their seasonal hiring by 43 percent for the holiday season,” Perkins said.
Wal-Mart WMT.N has been spending more on paying higher wages and acquiring online retailers and so is unlikely to boost seasonal hiring to the same extent as Target, he said.
Other major seasonal employers such as Macy’s and Kohl’s have focused on cutting costs.
Moody’s O’Shea, however, said he expects retailers looking to cut costs to hire more temporary workers during the holiday season.
“There’s a lot of flexibility in the workforce when you (hire temporary workers)... Hiring seasonal employees is a way to test what you really need.”
Retailers could also boost in-store staffing this year as they are now tasking workers with more activities such as manning shipping and pickup from stores, said Brendan Witcher, principal analyst at Forrester Research.
Target also said it would hire 4,500 people for the holiday season at its distribution and fulfillment centers, which supply products to its 1,816 stores and fulfill online orders.
The company had hired 7,500 workers at the centers last year as it required additional staffing for three new facilities.
Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Shounak Dasgupta and Saumyadeb Chakrabarty
Our Standards: The Thomson Reuters Trust Principles.


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Hyderabad: With reports of online grocery platforms not being able to deliver essential commodities to homes, Jayesh Ranjan, IT secretary of Telangana, said that all e-commerce companies can obtain travel passes for their employees.
Many e-companies that deliver grocery items like Spencers and Big Basket have issued statements saying that due to the Corona virus restrictions by local authorities delivery of essential products has been temporarily suspended. Social media, too, was abuzz with many tweeting about their groceries not being delivered.
Mr Rajan said e-commerce companies can send their details such as vehicle numbers, routes, and company name to covid19.hyd@gmail to obtain a travel pass from the state administration.
Milk Basket, in a statement on Wednesday, said that the local authorities didn’t allow for the movement of delivery boys due to which almost 15,000 litres of milk was wasted.
Many tweeted to K.T Rama Rao, state minister for municipal administration and urban development, asking why delivery men are not being allowed to work and the harassment they are facing from the police. This prompted KTR to announce orders for the hassle-free operation of delivery platforms. “I have already asked IT secretary @jayesh_ranjan to work with Big Basket, Grofers and Amazon to ensure they restart operations also requested @TelanganaDGP to issue clear instructions to all the CPs and SPs (sic),” he said.
There have been similar reports of delivery guys being beaten up by police officials in Delhi and Mumbai. Though the respective state governments issued guidelines allowing the online grocery platforms to function, due to police harassment and the huge bulk of food delivery orders the online platforms had to cancel their services temporarily.


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Strong warnings about Strawberry Quick, also known as Strawberry Meth, began in 2007 and spread fast over the internet and television. The warnings reported drug dealers are manufacturing a new type of crystal methamphetamine that specifically targets children. The warning was revamped and sent out as a Halloween scare.
Crystal methamphetamine is a dangerous, and highly addictive stimulant drug that is referred to as meth, ice, crystal, glass, speed, etc. Methamphetamine use is devastating and causes damage to the user, families, friends, and can have severe societal repercussions.
Strawberry Quick Meth gets the name from Strawberry Quik, the pink powdered flavoring that can be added to milk for a strawberry flavor. The supposed strawberry meth is reported to look like Pop Rocks candy, which makes it appealing to kids. This form of crystal methamphetamine is a hoax. It does not exist. Warnings spread like wildfire that the evil drug dealers are now trying to lure kids with candy flavored meth. There is no strawberry quick methamphetamine.
However, drug dealers and manufacturers do sometimes make their crystal methamphetamine with a color to it. Sometimes this is a dealer trying to "label" or brand his or her product or it can be a manufacturing mistake. Therefore, it is true that dealers or makers may add something like color to their product, but not to unwittingly hook kids by making them think it's candy. Color can be the same marketing strategy as the type of wrapping or baggy. Besides, I don't think there is anything you can do to mask the taste of meth as it's very bitter and disgusting.
Although this meth is a myth, methamphetamine is still a very dangerous threat to everyone. There is no immunity to addiction. It is extremely important to talk to kids about dealing with peer pressure, coping strategies, and making responsible decisions about the use of alcohol, cigarettes, and drugs. Could someone have some of this meth that appears to look like candy and offer it to a child? Sure, just like someone might offer your kid a beer, marijuana, or pills.
This scare also reinforces the concept of not taking candy from strangers. As simple as it seems, this is still a tactic used by many child molesters and kidnappers. It's very important to educate kids to avoid taking candy or drinks from people that they do not know.
From the Join Together website: "Experts say that there's a real possibility that local police are confusing colored meth -- which is relatively common -- with flavored meth. Tom McNamara, a meth trainer and special-projects coordinator for the Southern Illinois Drug Task Force Group, told Join Together that meth made from Sudafed or some generic versions of the drug will have a light-pink color because of the dye used in the pills. Moreover, he said, meth made from anhydrous ammonia treated with GloTell -- a chemical marker designed to discourage thefts -- will be bright pink. The drug also can appear greenish or blue."
EDIT on February 6, 2010: In a recent unpublished comment, I was accused of being a drug dealer posting inaccurate information. Please, read this article carefully as well as the rest of the website. This site is geared toward the ACCURATE education of people about addiction.


text:
New property types, new tiers, Airbnb Collections and community recognition
form key elements of a Roadmap launched this week to bring the benefits of local and authentic travel to everyone.
The Roadmap puts Airbnb on a path to more than 1 billion annual guests by 2028. Airbnb co-founders Brian Chesky and Joe Gebbia inflated 3 airbeds in their San Francisco apartment and started what has become a global phenomenon in Travel 10 years ago. Today, Airbnb is one of the world’s largest accommodation platforms with 4.5 million places to stay in 81,000 cities.
Over the last 10 years, Airbnb guests have checked into an Airbnb more than 300 million times.
As it looks to the next 10 years and the continued success of its host community,
Airbnb launched a Roadmap for its core homes business that is designed to bring
the transformative benefits of local, personal and authentic travel to every type of
traveler. The Roadmap includes:
● Four new property types - Vacation Home, Unique, B&B and Boutiques (in
addition to existing Entire Home, Private Room and Shared Space)
● New tiers - Airbnb Plus and Beyond by Airbnb
● Airbnb Collections - homes perfectly suited to every occasion
● Investing back in its community with a revamped Superhost program and a new
guest membership program launching later this year
Airbnb Co-Founder, CEO and Head of Community, Brian Chesky said they never dreamed of what Airbnb could become. In fact, people thought the idea that
strangers would stay in each other’s homes was crazy.
"Today, millions of people every
night do just that. But we want to go further by supporting and expanding our
community so that in 10 years time, more than 1 billion people per year will experience
the benefits of magical travel on Airbnb," he said.


text:
In the weeks ahead, about 75,000 Americans are expected to participate in some of the nation's largest marathons—in Chicago this Sunday, and in New York City and Philadelphia next month. But it's far from clear whether the marathon boom of recent years has provided much benefit to public health.
Fitness and dietary experts say marathons increasingly are the exercise equivalent of crash diets, with similarly disappointing results. There's no evidence that running a marathon leads to lasting weight loss, marathon researchers say. And it's unknown how often such runs initiate or perpetuate a lifetime of steady exercise. Indeed, in a long-term fitness sense, marathons are really sprints; the true marathon is the exercise program that lasts for decades, fitness experts say.
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text:
Signing up developers now.
Games industry show E3 Expo will be capitalising on the iPhone-fuelled boom in smartphone gaming this year, with a dedicated Mobile Games Pavilion.
For $2,995, mobile developers will get their own kiosk in the Pavilion, along with an internet connection, signage, five exhibitor badges and ten industry affiliate badges. They'll also be listed in the Show Daily.
With tens of thousands of attendees expected to wander through the pavilion, it will be a high-profile showcase for the mobile games industry.
It's not the first time mobile has seized the spotlight at E3, mind. ME remembers a surreal couple of days at the 2006 event when Paris Hilton appeared on Gameloft's stand, while Nicole Ritchie buddied up with Pac-Man at a Sprint event. Happy days.
For more information about this year's Mobile Games Pavilion, contact Giovanni Stein at (508) 424-4864, or email firstname.lastname@example.org.


text:
King joins Looper Insights board
July 6, 2022
Looper Insights, a provider of Connected TV intelligence to the entertainment industry, has announced that Ben King, former DAZN and Apple senior executive, has become an investor and advisor to the board. King will advise the Looper board on strategy, market requirements and product development. He will also help extend and deepen its relationships with the leading studios, distributors, streaming services and platform operators.
King has more than two decades of experience in digital music, games, TV, movie and live sports distribution. He was previously Chief Subscription Officer at sports streaming platform DAZN, following a 12-year career in senior leadership positions at Apple across services including iTunes, the App Store and Apple Music.
Looper Insights utilises its proprietary machine learning and smart image recognition technology to track where, when and how every TV show, movie and OTT App is being promoted across thousands of digital storefronts on smart TVs, App Stores, games consoles, streaming boxes and MVPD services around the world. Content owners and OTT services use the intelligence served by Looper to ensure that the right content is being served to consumers in the right place at the right time, that distribution agreements are being fulfilled, to understand the correlation between content features and user acquisition and engagement, and to optimise the efficiency of their merchandising and paid advertising on Connected TV platforms.
Early customers of the SaaS start-up include Prime Video, Disney, Sony Pictures and NBCU.
“It’s such a privilege to welcome such an experienced and senior industry executive as Ben as an investor”, said Looper Insights’ CEO Lucas Bertrand. “His astute industry insight and understanding of the challenges being faced by marketing and distribution teams as entertainment merchandising in an increasingly global and fragmented world, has already proved invaluable to myself and the board. From our first conversation, Ben immediately understood the power of the Looper Insights technology platform and our potential pathways as we aim to become the must-have provider of Connected TV intelligence services to the world’s entertainment industry.”
King added: “For over two decades I have been deeply involved in the evolution of entertainment distribution around the world. As video distributors, we have access to unparalleled amounts of data and insight to understand how our marketing efforts are driving our customer and revenue growth. And yet arguably our most powerful channels of distribution – the storefronts of hundreds of Connected TV platforms – have remained a black box. Understanding what is driving downloads, installs, subscriber starts and views and how to grow them has largely been restricted to guess work (and glossy screenshots). Until now. For the first time, Looper Insights helps marketers to understand exactly where, when and how our content is being presented to customers across thousands of storefronts in near real-time. And only now can we begin to truly understand the correlation to sales performance and revenue growth.”


text:
Deptford Honda Yamaha To Host MotoAmerica Kick-Off Party
With three MotoAmerica Championships still up for grabs in the season finale in the Yamaha Superbike Challenge of New Jersey at New Jersey Motorsports Park, September 9-11, the on-track action is going to be white-hot. And it all gets started on Friday night at Deptford Honda Yamaha in nearby Deptford with a bike night kick-off party.
Deptford Honda Yamaha (DHY) will play host to the weekend’s bike night kick-off party on Friday, September 9 with a night that will feature customer giveaways, live DJ, a chili cheese dog bar and tons of race merchandise on sale. The night will also feature a meet and greet with MotoAmerica racers from 6 to 8 p.m. that will offer the opportunity to snap a photo of and/or get an autograph from your favorite riders.
Racers who are scheduled to attend include Monster Energy/Graves Yamaha’s Josh Hayes and Cameron Beaubier, Y.E.S./Graves Yamaha’s JD Beach and Garrett Gerloff, Yamalube/Westby Racing’s Matthew Scholtz and Team H35 Honda’s Benny Solis.
“Big thanks to Deptford Honda Yamaha for hosting this year’s bike night kick-off party for the Yamaha Superbike Challenge of New Jersey,” said MotoAmerica partner Chuck Aksland. “It promises to be a good night and a good start to what we know is going to be a great weekend at New Jersey Motorsports Park. We hope to see everyone out at DHY on Friday night.”


text:
» Www Prc Com Result September2013
Www Prc Com Result September2013
Www Prc Com Result September2013 on Technology News and Updates AdmaTechnology.com at Thursday, April 24, 2014
One of the advantages of this device is able to work without a hitch with Apple Time Machine
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Although the majority of smartphone users prefer to communicate via messenger applications, many of them are also fond of making phone calls.
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text:
Intuit close to buying Credit Karma for $7bn
Intuit, the US-based accounting software firm valued at around $77 billion, is understood to be on the cusp of a $7 billion deal to buy San Francisco-based Credit Karma, the free credit reporting service.
According to unnamed Wall Street Journal sources, the acquisition – Intuit’s biggest by far since it was founded 37 years ago – will be a mixture of cash and stock, and is expected to be announced officially sometime today at the earliest.
Pushing the firm further into the space of consumer finances, the bookkeeping software giant’s decision to buy Credit Karma comes at a time when the industry fears tax-preparation software like Intuit’s Turbo Tax could face difficult sales returns due to an increase in free filings and a lesser need for services which assist do-it-yourself filers.
As well as Turbo Tax, Intuit is also the creator of accounting software service QuickBooks, and Mint, the online budget planner.
Valued at $4 billion two years ago, the acquisition will now value Credit Karma at roughly $7 billion. The company, backed by private-equity firm Silver Lake and financial technology venture firm Ribbit Capital, offers free credit reports and earns commission on the online loans or credit cards its users decide to buy based off of Credit Karma’s recommendations.
Read more: US gets new challenger Level Bank by Zero creators
The soon-to-bought fintech made its own acquisition last April, bringing the UK-based free credit reporting and monitoring service Noddle into its folds. Now in the throws of being bought itself, the fintech will still operate as a standalone unit with its CEO Kenneth Lin remaining at its head, a source told WSJ.
Initially, Credit Karma was thinking of going public. The firm’s decision to be bought rather than hold an initial public offering (IPO) follows a series of unsuccessful, high-profile IPOs such as Uber’s and WeWork’s. The move follows suit with fellow fintech Plaid, which was acquired for $5.3 billion by Visa.
Last week saw a flurry of major fintech deals. Morgan Stanley announced its plans to buy E-Trade for $13 billion, Ally Financial said it was going to buy CardWorks for $2.65 billion, and LendingClub became the first fintech to buy a US regulated bank – which was Radius – for $185 million.
Intuit shares have risen 14% since the start of the year, according to Bloomberg.
Read next: Wirecard and Raiffeisen Bank team up to serve Eastern European markets