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Mohamed Juma Al Shamisi, CEO, Abu Dhabi Ports.
The maritime and logistics industry still offers plenty of opportunities for growth, despite the current challenging economic climate, Mohamed Juma Al Shamisi, CEO, Abu Dhabi Ports, told Oxford Business Group.
The new Actros model has been launched in the Middle East by Mercedes-Benz to celebrate its 20th anniversary.
The world’s largest greenfield urban development, Dubai South takes the green approach towards developing its mass transit system
New Mohammed bin Rashid Road enables Khalifa Port’s present and future expansion plans says Juma Al Shamisi, CEO of Abu Dhabi Ports.
Mercedes-Benz Trucks Middle East and North Africa celebrates ‘20 years of Actros’ with ‘Mileage Mil-lionaire’ trucks.
Al-Futtaim Motors and Toyota to conduct a new study in the field of sustainable mobility for the feasibility of establishing a hydrogen-based society in the UAE.
The DMS Robot released in the UAE acts as a software consultant; it gives transparent and accurate feedback on the drivers’ performance and rewards them for good driving
The robust cab-behind-engine truck with its ability to haul large and heavy equipment and supplies, will enable EMC to increase its market share in the heavy utility truck segment in the Middle East.
Embattled phone manufacturer BlackBerry is entering the logistics field with a new BlackBerry Radar device for commercial vehicle operators.
The Swedish truck manufacturer Scania has completed an unusual project to show off the reliability of its trucks.
CIMC Vehicle Group will invest and launch its first manufacturing facility in Bahrain with 20 new job opportunities as phase one.
Bosch is developing technologies that will significantly advance the commercial trucking sector in the coming years.
100,000 units of Mercedes-Benz’ premium heavy-duty truck have been sold in the Middle East and in North Africa over the past 20 years.
Fetchr NOW enables users to send and receive packages from phone across the UAE.
Two new electric vehicle charging stations launched at Al Qasba, with clear utility for UAE ‘green’ logistics operations.
DP World London Gateway and truck and trailer company Hireco are teaming up to provide facilities for hauliers using the port and logistics park with onsite ancillary services for their fleets.


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HERKIMER, N.Y. (WKTV) - Books, DVD's, E-Books and audio books are items you expect to find at a public library, but could see less of due to unstable funding.
ALBANY, N.Y. (WKTV) - What could bring a ton of money and more jobs to NYS? According to Governor Cuomo at the State Capital, the answer is a tourism initiative.
HERKIMER, N.Y. (WKTV) - In an effort to promote local businesses Herkimer County is implementing small business week for the second year in a row. The week will include day to day activities and promotions to help promote shopping local.
ILION, N.Y. (WKTV) -There are now five states that are actively trying to lure Ilion gun-maker Remington Arms to their communities.

domain: news


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Returning to the US after a multi-year hiatus, the 2015 Aprilia Caponord 1200 is designed to make a splash in the popular adventure-touring market.
The Aprilia Tuono returns, redesigned around the World Superbike-winning RSV4. Motorcycle USA gets its first ride aboard the 2012 Aprilia Tuono V4R APRC.
We take to the streets with Aprilia's 2011 Dorsoduro 1200 to find out if this street bike offers the ultimate road-going supermoto experience.
Motorcycle USA tests the Piaggio Group’s pitch for the entry-level motorcycle rider with its user-friendly automatic transmission street bike – the Aprilia Mana 850.
Our overseas chums at MCN deliver another evaluation of European two-wheeled finery with this motorcycle report on Aprilia's playful Shiver 750.
You're looking at the Aprilia Falco, but you may not recognize it. Our test bike was festooned with seven pieces of glimmering aluminum body panels that are part of the Streetfighter kit Aprilia now offers.
Featured Aprilia Street Bike Comparisons
Aprilia boasts a history of bringing hard-edged track performance to the road with its Tuono streetfighter.
Friday, August 28, 2015
Monday, August 24, 2015
Ride along with Motorcycle USA as we test new Aprilia street bikes. Aprilia street bike reviews feature articles and videos on new Aprilia standard, touring and sport-touring motorcycles. Popular Aprilia street motorcycle models include the Tuono, Shiver and Mana.


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Nippon Sheet Glass, the Japanese owner of glass manufacturer Pilkington, has announced it to close down some of its operations in St Helens with the loss of up to 150 jobs.
The move is part of a cost cutting package designed to save £166m a year as it looks to boost its profitability in the face of falling demand.
NSG, which employs around 3,000 in the UK, said it had seen a reduction in many of its core markets, including the European building products and automotive markets and the global solar energy glass market.
As part of its cost reduction plan, the group plans to cut 3.500 jobs worldwide.
It said the measures were intended to protect the business in the short term and re-establish profit growth from 2013 onwards.
Charlie Leonard, senior organiser at the GMB union, said: “Many of the 150 jobs expected to go at St Helens will be young workers who have been taken on recently following a short-lived upsurge in demand.”


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Governor Snyder is on his way back from Europe.
He was on a week-long trade trip focused on the auto industry.
Snyder met with representatives in Italy and Germany.
He says he believes there a strong opportunity for them to grow their businesses in Michigan.
A German 3D printing company said earlier this week it has chosen Michigan for its first US site after speaking with the Governor.


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Nintendo to Market New 3DS XL During Better Call Saul Premiere and The Walking Dead
Despite being just four years old, the Nintendo 3DS has lived an eventful life of both hardship and explosive success that makes it appear older than it actually is. After a rough launch followed by a price cut, the system has propelled to over 50 million units sold. It’s a satisfying milestone, but Nintendo isn’t done just yet.
On February 13th the New 3DS will debut in the Western market. Its release is of utmost importance to Nintendo, which knows that its sales have not only slowed down, but that the handheld gaming market is being challenged more than ever before. It doesn’t help that its console, the Wii U, is still struggling to breathe. So, it has a plan.
Nintendo is ready to execute a heavy marketing push to coincide with the New 3DS’ debut. It isn’t just targeting people of young ages, though. As a matter of fact, it plans to show a brand new commercial during tonight’s Better Call Saul Premier as well as the new episode of AMC’s The Walking Dead, as confirmed via it’s Nintendo of America Twitter account:
Want a first look at our New Nintendo #3DS XL commercials? Tune into @WalkingDead_AMC and @BetterCallSaul tonight!
— Nintendo of America (@NintendoAmerica) February 8, 2015
Although it hasn’t been confirmed, it’s likely that the video below is the one that will be shown:
Notice the more mature approach to marketing. Nintendo knows that it needs to attack a wider range of demographics, and it has chosen this time to appeal to young adults who may not own a 3DS, but had memorable experiences with Nintendo during their childhood.
The commercial is around a minute long, and fitting such a lengthy commercial into a time slot during high viewer forecast shows costs a lot of money. This opportunity isn’t being taken lightly by Nintendo.
If you’re a fan of Breaking Bad, you may just want to set a reminder on your phone to watch Better Call Saul tonight. It’s created by the one and only Vince Gilligan, and has been sold as a spin-off of the award-winning Breaking Bad. It’ll premiere at 8:00PM tonight. Meanwhile, tonight at 9:00PM The Walking Dead will introduce it’s mid-season premier.


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Issuing its Q3 2017 trading update (period ending 30 September), FTSE-listed online gambling group GVC Holdings has reported a continued strong corporate momentum, recording growth across its key metrics and KPIs.
Despite competing against a tough Q3 2016 comparative period which featured the final stages of UEFA Euro 2016, GVC would report a 1% increase in daily wagering to €11.3 million for its sports betting division.
GVC’s sustained sports betting performance, combined with an improved period operating margin of 11.5%, would see the firm declare group daily ‘sports net gaming revenues (NGR)’ of €982,000 representing a 3% gain on Q3 2016: €953,000.
The firm’s improved Sports betting performance would be supported by strong growth for GVC’s ‘Gaming Brands’ division which would record a daily NGR increase of 19% to €986,000 (Q3 2016: £828,000). GVC governance would highlight that its group gaming brands improved performance had been driven by product refinements and increased marketing activity.
Entering a crucial Q4 2017 trading period, an enlarged GVC group will continue to support its sports betting activity, announcing the launch of its new Bwin Pan-European marketing campaign launched this August.
Updating investors on GVC Holdings Q3 2017 performance, Group CEO Kenneth Alexander (CEO) commented:
“Underlying1 growth in Q3 represents the highest rate achieved since the acquisition of bwin.party in February 2016. The quick wins made in 2016 have been supplemented by further and continuous improvements across all areas of the business. GVC operates in an industry with significant opportunities and challenges. The combination of our talented employees, proven technology and strong brands, gives me confidence that we can continue to drive shareholder value.”
GVC Q3 2017 Performance Overview


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SYRACUSE, N.Y. — Digital Hyve — a Syracuse–based digital-marketing agency that has grown rapidly since its founding in mid-2014 — announced it has received $1 million in tax incentives from the Empire State Development (ESD) Excelsior Jobs program.
The Excelsior Jobs initiative seeks to encourage businesses to expand in New York state that meet specific job and investment commitments. This award is given to businesses in the biotechnology, pharmaceutical, high-tech, clean-technology, green technology or financial services industries who maintain new jobs or make significant financial investments in New York state. Digital Hyve says it received one of the largest awards in the region.
“This award is a testament to our growth over the last five years. From day one, we set out to build a strong company, investing in our employees and working with a client-first mentality,” Jeff Knauss, co-founder and CEO of Digital Hyve, said in a statement. “We are so grateful to be recognized with this award, which will allow us to continue to grow our company, and in turn, will provide more job opportunities in Central New York.”
Digital Hyve has grown to include 52 full-time employees in two offices — one in Syracuse and another in Rochester. The company is also planning an expansion into Buffalo.
Digital Hyve’s digital-marketing services include building websites, offering search-engine optimization (SEO) services, search-engine marketing, social-media retargeting, display ads, geofencing, email marketing, and more, according to Knauss.
Digital Hyve grew from $102,000 in revenue in 2014 to $5.2 million in 2017, to about $8 million in 2018, Knauss told CNYBJ in an October 2018 interview.
Digital Hyve’s Syracuse headquarters is in a 7,500-square-foot office in the 100 Clinton Square building at 126 N. Salina St.
Contact Rombel at firstname.lastname@example.org


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This is super amazing news for all of you movie buffs & 007 fans. EON Productions, the producers of the Bond franchise, have announced that all 22 James Bond 007 films will be released on Blu Ray for the first time in one, sleek looking box set. Details on the set, titled Bond 50: The Complete 22 Film Collection, have been relatively scarce, but we know a few facts. The release date is October 1, 2012, just in time for the 23rd Bond film, Skyfall, to be released in theaters in November. It will include 130 hours of special features, including one hour of brand new special features. Further, it will be the first time nine of the Bond films have hit Blu Ray. At this time, Bond 50, will be the only way to have all 22 films in HD.
Pre-order the set now for $199 through Amazon and get release date delivery! If the price drops, you get the cheaper price! We <3 Amazon!


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In 2019, Sony quietly established a subsidiary dedicated to researching artificial intelligence. What exactly the company plans to do with this tech has always been a bit unclear, but a recent corporate strategy meeting offers a little more information.
“Sony AI [...] has begun a collaboration with PlayStation that will make game experiences even richer and more enjoyable,” say notes from a recent strategy presentation given by Sony CEO Kenichiro Yoshida. “By leveraging reinforcement learning, we are developing Game AI Agents that can be a player’s in-game opponent or collaboration partner.”
This is pretty much what you’d expect from a partnership between PlayStation and Sony’s AI team, but it’s still good to have confirmation! Reinforcement learning, which relies on trial and error to teach AI agents how to carry out tasks, has proved to be a natural fit for video game environments, where agents can run at high speeds under close observation. It’s been the focus of heavy-hitting research, like DeepMind’s StarCraft II AI.
Other big tech companies with gaming interests such as Microsoft are also exploring this space. But while Microsoft’s efforts are tilted towards pure research, Sony’s sound like they’re more focused on getting this research out of the lab and into video games, pronto. The end result should be smarter teammates as well as opponents.
This tidbit was just one point in the presentation, though, in which Sony laid out numerous plans for its future growth. Here are some of the other ambitions mentioned:
- Expand Sony’s first-party titles and franchises to mobile. “PlayStation has a huge catalog of diverse first-party IP that can transition to smartphone gaming and complement our AAA games or live service games,” say the notes. (Though it’s worth noting Sony established a subsidiary dedicated to making smartphone games in 2016, and it hasn’t had a huge impact yet.)
- Make more Sony games into movies and TV shows. This will be done through the company’s PlayStation Productions subsidiary. Sony gives the example of the upcoming Uncharted film, starring Tom Holland as Nathan Drake.
- Grow the PlayStation Network, PlayStation Now, and PS Plus networks. The company says it currently connects to about 160 million users but would like to grow that number to 1 billion (I mean, sure, who wouldn’t want more customers?). Getting there will mean growing the company’s various online services and subscriptions, including PlayStation Plus, which has seen steady, but not explosive, growth. It’s interesting to compare this to Microsoft’s huge push in subscription gaming through Xbox Game Pass.
For more details you can check out Sony’s presentation for yourself here. Though, be prepared to wade through some absolutely incredible corporation-speak. We particularly liked the opening declaration that the company has now “implemented structural reform that liberated us from a loss-making paradigm.” In other words: they changed things so that Sony makes money instead of losing it! Got to dress that up somehow, I guess.


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Virtual and real-world Doge-centric celebrations
As part of the festivities, a giant statue honoring the legendary Doge meme built by Own The Doge DAO and a group of Doge enthusiasts will be unveiled to pay homage to Kavos at both real-world and digital events.
The unveiling ceremony for the real statue will be held at Sakura City Park, Japan, and will include food, entertainment and special guests. Similarly, Upland’s virtual sculpture unveiling draws inspiration from the park’s stunning backdrop.
Additionally, Kabosu’s birthday will be commemorated at the recently opened Own The Doge Cafe in Sakura, Japan. Here, participants can connect with other He Web3 enthusiasts and watch live streams. In particular, 50 cafe visitors will be randomly selected to win one of four “Kabosu Block Explorer” NFTs. Considering the original Doge meme was originally acquired for a whopping $4.8 million (1696.9 ETH), this is an opportunity not to be missed.
A film crew plans to film everything that happened at the in-person gathering for an upcoming Doge-based documentary, promising key scenes for the crypto community to enjoy and treasure in the near future.
Upland has precisely timed the debut of the virtual Doge Café and the unveiling of the “Total Doge Statue” to the real-world International Doge Day event and birthday celebration. Meme enthusiasts can gather in the cutting-edge Metaverse to mingle, honor Kavos, and potentially secure one of these coveted Block Explorer NFTs for him during the same period of physical celebration.
Upland’s geographic growth and explosive value
It’s worth noting that Upland has already shown strong enthusiasm for the country, paying once more homage to Japan’s rich and fascinating culture. It launched the virtual realm “Tokyo City” in August 2023, and later partnered with Japan’s Web3 brand “ON1 FORCE” to welcome NFT warriors into its ecosystem.
Upland is on a mission to expand its geographic footprint and enable diverse users to succeed on its platform. We achieve these goals by offering a variety of activities, from digital asset trading to thrilling competitions. All of its ambitious efforts are made possible by users trading their in-game token UPX on external exchanges and capital rounds, which currently total a whopping $25 million.
To further drive value generation to Upland, we actively require users to have the ability to contribute to a thriving digital economy and run their own shops leveraging UPTX and its utility token, “Spark” .
Kavos’ birthday and the beginning of International Doge Day commemorate one of Upland’s most important events. Our pioneering Metaverse journey continues to evolve, providing even more exciting opportunities for our loyal users and now meme lovers around the world.
Want more? Connect with NFT Plaza
*All investment/financial opinions expressed by NFT Plaza are based on the site moderator’s personal research and experience and are intended as educational material only. Individuals should research the product thoroughly before making any type of investment.


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Democrats, in a political payoff to unions, have again introduced legislation in Congress to effectively make gig economy jobs like Uber, Lyft, DoorDash, etc. illegal.
Driverless tech company Motional has announced it will use Hyundai’s IONIQ 5 for its robotaxi deal with Lyft.
We want to make sure there’s clarity and certainty in this industry so that it’s not living under a cloud.” says Lyft’s Chief Policy Officer Anthony Foxx.
California’s Proposition 22 is poised to pass, securing the current business model for gig economy companies.
Uber and Lyft have been dealt a major blow, as an appellate court has ruled the injunction against them was appropriate.
John Zimmer, co-founder and President of Lyft, discusses the impact of the pandemic on Lyft, noting that daily rides are still down by half since March 2020.
Gene Munster discusses how California in forcing drivers to be employees may ultimately speed up the efforts of Uber and Lyft to go fully self-driving and thereby simply eliminate all human drivers.
The law will ban hundreds of different professions and especially the hundreds of thousands of jobs created by the gig economy over the last decade.
Lyft is warning it may join Uber in shuttering operations in California following a preliminary injunction classifying its drivers as employees.


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We have barely crossed the first quarter of 2021 but details about MY 2022 Chevy Corvette are already coming up. Just a few days ago, three new official colors for the 2022 Corvette have been announced, which include Amplify Orange Tintcoat, Hypersonic Gray Metallic, and Caffeine.
Now, a new low-profile spoiler option is reportedly coming to the next model year version of the mid-engine sports car. This is according to a virtual presentation from the Corvette Team that saw Executive Corvette Chief Engineer Tadge Juchter, Product Manager Harlan Charles, and also Corvette Chief Engineer Josh Holder in attendance, as reported by the Corvette Blogger.
Gallery: 2021 Chevy Corvette With Silver Flare Metallic Paint
According to the report, the low-profile spoiler will be available for the 2022 Corvette Stingray, with or without the Z51 Performance Package. The RPO for the option will be TVS, while the graphic presented during the virtual event (see lead image above) showed that the new option will also include a front splitter.
Currently, you can add more rear downforce by ordering the high wing spoiler option (available both in body color or carbon flash metallic) for your 2021 Corvette. This option will cost you $1,150.
Of note, there isn't any info yet about the pricing of the low-profile spoiler, but you can expect it around the ballpark figure above.
Is The Vette Z06 Coming In 2022?
So, three new colors and a new spoiler option. Those are what we know for now about the 2022 Corvette. The question is: is the much-awaited Z06 that has been spied several times before also coming for the 2022 model? Reports speculate that it will but there isn't any guarantee or any concrete report yet.
We'll know more in the months to come as additional info will certainly arrive by the second half of 2021. For now, all we can do is wait.


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Fast-growing Glenborough trebles quarterly earnings
Published 4:00 am, Thursday, July 23, 1998
Glenborough Realty Trust Inc., one of the fastest-growing real estate investment trusts in the United States, says second-quarter earnings tripled after making more than $1.7 billion of acquisitions since 1996.
The San Mateo-based company's funds from operations increased to $19.4 million (56 cents a diluted share) from $6.33 million (44 cents) a year earlier. Per-share results reflect an increase in the number of shares and common-share equivalents outstanding to 34.9 million from 14.5 million.
Revenue rose to $54 million from $13.8 million.
Funds from operations - a measure of cash flow - exceeded Wall Street's expectations of 55 cents a share, according to a survey of seven analysts by Nelson Information Inc.
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Glenborough owns 230 office, industrial, apartment, retail and hotel properties across the United States containing more than 29 million square feet of space, up from 12 million a year ago. It has bought, or agreed to buy, about $1.7 billion in real estate since the end of 1996.
Database software maker Informix Inc. reported second-quarter profits that beat Wall Street forecasts and showed a vast improvement over the hefty loss in the year-ago quarter.
Net income for the quarter ended June 30 was $12.3 million (7 cents), compared with a loss of $111.4 million (73 cents) a year earlier.
Analysts had expected a profit of 3 cents a share on average for the second quarter, according to First Call.
But revenues dipped in the recent quarter, to $174.2 million from $182.5 million a year earlier. Sales from licensing took a hard hit, dropping to $86 million from $109.3 million, while services-related revenues grew to $88.2 million from $73.3 million a year earlier.<


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Arcadis appoints transportation and logistics boss
Dr Jonathan Beard to lead Arcadis' transportation and logistics sectors in Asia
Arcadis has appointed Dr Jonathan Beard to lead its transportation and logistics sectors in Asia.
A veteran with over 20 years’ industry experience, Dr Beard joins Arcadis to further strengthen its transportation and logistics business.
Based in Hong Kong, Dr Beard has advised on transportation policy and infrastructure development finance in over 25 countries. He has also guided master plans for some of the world’s largest and most successful ports, including Shanghai, Hong Kong and Port Klang in Malaysia, as well as the logistics development strategy for several major airports, including Hong Kong International Airport and Beijing’s new second International Airport.
Dr Beard said: “I am thrilled to be part of Arcadis’ dynamic team. It is an exciting time for transportation and logistics in Asia, with increasing private sector financing and participation, and the launch of several regional landmark initiatives such as One Belt One Road.
"I believe Arcadis has the resources and strategy to help our clients achieve more effective business outcomes."
Dr Beard holds bachelor’s, master’s and PhD degrees from Cambridge University.He is a certified management consultant, a former director of the Management Consultancies Association of Hong Kong, and former president of the Hong Kong Institute of Management Consultants.
Graham Kean, Asia head of client solutions at Arcadis said: “We are delighted to have Jonathan joining Arcadis. His extensive industry experience and expert knowledge will not only bring fresh perspective and immediate value to the company, but most importantly, ensure delivery of exceptional and sustainable solutions for our clients."


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DHL Supply Chain, the contract logistics specialist within the Deutsche Post DHL Group, recently completed a pilot project at the DHL Advanced Regional Center in Singapore to create a safer warehouse environment using Internet of Things (IoT) technology. Data from wearable wireless sensors were used to prevent accidents by monitoring employee fatigue levels, suggesting rest periods, and sending alerts when people were in close proximity to moving equipment – all in real time.
In 2016, Singapore had over 2,000 incidents of workers being struck by moving vehicles in their workplace. The Ministry of Manpower Singapore has identified onsite vehicular safety as one of the top three priority areas for improving workplace safety and health this year. With the regular movement of forklifts, belts and other materials handling equipment (MHE) in warehouse operations, incidents involving MHE consistently rank among the top safety-related incidents that occur in DHL warehouses every day.
“At DHL, safety is our number one priority and there is a strong commitment to the health and safety of our employees at all levels of the organization. So when we were exploring the use of wearable sensors and how we can leverage the technology for our operations, we naturally chose to focus this pilot project around warehouse safety,” said Steve Walker, Chief Information Officer Asia Pacific and Global Warehouse Management System Centre of Excellence, DHL Supply Chain.
DHL has been at the forefront in testing the use of IoT in its warehouses since 2015 with various partners. It is currently implementing the technology with Cisco and start-up Conduce in Germany, the Netherlands and Poland to monitor operational activities in real-time with heat maps and other visualization tools to optimize operational efficiency and improve employee safety. DHL is also partnering IBM and Huawei on various IoT innovations across the supply chain.
Protection and prevention
By providing alerts to equipment operators, the IoT solution in the Singapore pilot helps identify hazardous situations before they happen. The wearable sensors and data transmitters track employee movement around the warehouse, displaying the distance and number of people in a given work area. The solution scans for signals from employees via a wearable tag, and when this signal is close to a forklift, the driver is informed that someone is close to his or her work area. An audio notification, alongside a vibration alert, is sent to a tag worn on the driver’s wrist, so that the warning is noticed even in noisy surroundings.
What’s more, the wrist sensor measures symptoms of fatigue throughout the day by measuring the operator’s heart rate. The supervisor is automatically notified when an operator’s heart rate falls below normal levels and will recommend a break, as a drop in heart rate indicates tiredness and potential lack of concentration. “This is clearly a breakthrough that could prove crucial for preventing accidents,” adds Walker. The solution also generates heat maps that indicate busy and high-risk areas. Supervisors can then use the maps to evaluate particularly busy areas and review traffic flows to take measures to mitigate the situation.
“This pilot project greatly supports the team’s efforts on enhancing warehouse health, safety and awareness,” says Cha Wei Hung, a DHL Senior Logistics Assistant and warehouse employee who was involved in the project.
The IoT solution can be easily adapted to various industry scenarios, such as truck driver fatigue; slips, trips and falls; repetitive task fatigue and cold chain temperature exposure. The solution can also send location information and alert supervisors or health and safety offices when the worker is in danger or presses a panic button for assistance. “We have learned a huge amount about IoT from this pilot project,” says Walker. “Now we are evaluating how we can roll out this solution in Asia Pacific and leverage it to add further value for our customers and the business.”


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The profitability of the textiles sector is likely to be supported by lower cotton prices and latest recovery in demand, report by India Ratings and Research (Ind-Ra) said.
The profitability of the textiles sector is likely to be supported by lower cotton prices and latest recovery in demand, report by India Ratings and Research (Ind-Ra) said. In wake of softening in cotton prices, improved consumer spending outlook in key user countries, the margins will expand which will in turn help in increasing profitability. The low base effect of FY18 will also help, as per the report. Demonetisation and GST implementation effect had started to fade in the second half of this year. Better margins, modest reduction in working capital requirements and subdued capex in FY19 will improve the overall credit profile, report said.
The probable impact of pink ballworm on cotton produce and possible increase in the prices of crude has constrained the outlook of textile sector. As the crude price increases, the spread between cotton and synthetic yarn narrows and fastens speed of switch from cotton textiles to synthetics. The fluctuations in the crude prices and delays in passing cost inflation may affect the operating margins of synthetics manufacturers. Nevertheless, these challenges are likely to be neutralised by the encouraging growth in demand on year-on-year basis, the report said.
At 19 percent, that is higher than expected surge in cotton acreage and consequent 11 percent increase in crop production in FY17-FY18 are likely to moderate cotton prices in FY19, the report says. The pinkworm issue may not be able to have much impact. The global stock-to-use ratio for cotton, increased to 56 percent in FY18 from 47 percent in FY17, although Chinese inventory declined 17 per cent year on year, the report said.


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Auto parts manufacturer Agriauto Industries Limited has announced plans to partially close its plant in March due to reduced production demand from its major customers, which include car assemblers, bike makers, and tractor manufacturers. The company’s clients include the top players in the Pakistani car industry, including Suzuki, Toyota, and Atlas Honda.
The auto industry in Pakistan is currently facing production closures due to the ongoing economic meltdown. Several Pakistani industries have shut down in recent months due to market demand and issues with maintaining inventory, caused by problems with Letters of Credit (LC).
The Pakistani Rupee took a nosedive against the US dollar on March 2, leading to another wave of price hikes. Lucky Motor Corporation (Kia and Peugeot) and Hyundai Nishat Motors have recently increased the prices of their vehicles, and other automakers are expected to follow suit soon due to the depreciation of the PKR.


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Wednesday, February 17, 2016
The Long Delayed "Fight 7500" Makes its Landing on DVD
Special features on the DVD includes "Inside Flight 7500".
"Flight 7500" hits stores on April 12th.
The friendly skies take a dark turn in Flight 7500, arriving on DVD (plus Digital) and Digital HD on April 12 from Lionsgate. Following the violent death of a traveling businessman, his fellow passengers begin to investigate the cause, one that could be based in the supernatural. From the director of The Grudge and the producer of The Ring, Flight 7500 stars Leslie Bibb, Jamie Chung, Jerry Ferrara, Ryan Kwanten, Johnathon Schaech, and Amy Smart. Featuring a look behind the scenes at the making of the film (the “Inside Flight 7500” featurette), Flight 7500 will be available on DVD + Digital for the suggested retail price of $19.98
From the director of The Grudge comes this spine-chilling journey into fear. On a flight from Los Angeles to Tokyo, a plane is shaken by severe weather. When the turbulence subsides, a passenger suddenly dies — and a supernatural force is unleashed, overtaking the passengers as they desperately fight to figure out what it is and how to stop it.


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Jaguar scored a big hit with the launch of its F-Type convertible three years ago, but it hasn’t been resting on its laurels, steadily adding new ragtop and convertible variants meant to boost performance and build demand.
The latest twist comes with the debut of the Jaguar yF-Type SVR – the first version capable of hitting 200 mph. Officially, the public won’t get a first look until early next month, when the British maker rolls out the new supercar at the 2016 Geneva Motor Show, but we’ve gotten our digital hands on some details and a few images ahead of that official debut.
“Our objective was to take everything that our customers love about F-Type – the performance, the handling, the sound, the design – and take it to a whole new level,” says John Edwards, the managing director of Jaguar Land Rover Special Operations. “It’s a 200-mph all-weather supercar.”


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Royal Bank of Canada has a stake in a new wireless technology company formed to develop banking and brokerage over personal digital assistants.
Baldhead Systems Inc., a Toronto electronic commerce software developer, and Royal formed Sona Innovations Inc. to develop secure wireless financial services.
The bank, which provided financial backing and some technical people, has a 20% equity stake in Sona. Baldhead, which contributed developers and intellectual property, holds the remaining 80%. Other financial terms were not disclosed.
The deal accelerates the development of wireless banking for personal digital assistants over cellular phones. Royal has been testing wireless banking over smart-card-enabled digital phones since last year with Microcell Solutions Inc.
Though that partnership continues, the bank has opted to make wireless banking available on personal digital assistants first, said Tom Wolf, senior vice president for electronic business at Royal Bank. The bank expects to begin promoting the customized, co-branded service to its 10 million banking and brokerage customers by yearend. Sona also plans to sell the wireless service to other banking companies, first in North America and then globally.
Use of personal digital assistants in Canada has exploded in recent months, said Miro Forest, president of Forest Telecom Consultants in Toronto. When the market got so hot, he said, "everyone wanted information about their portfolios instantly. So the population of Palm Pilots is high in a place like Toronto, where Royal Bank will do most of this business."
Sona will use Baldhead technology that takes advantage of Secure Socket Layer encryption to safeguard transactions. The method does not require customer passwords to be decrypted at any time.
"Baldhead is one of the first developers to implement this for personal digital assistants," Mr. Wolf said. "Eventually it's the way all devices will go."
With the Microcell device that Royal is also testing, a piece of middleware is required to convert Web-site information into an Internet protocol before it can be distributed to a cell phone. "When you do that conversion, there's a moment when that information is in the clear," Mr. Wolf said. "Ultimately we'll secure an end-to-end session for our customers."
Last month Royal Bank invested $10 million in Mediagrif Interactive Technologies of Montreal. The two will create a $14 million joint venture that will build digital marketplaces for Royal Bank's 430,000 corporate customers.
"We're following along with our business-to-business strategy [with Mediagrif] and with our device and channel strategy [with Baldhead]," Mr. Wolf said.
Bill Halpenny, the vice president of sales and marketing at privately held Baldhead, said Royal will be Sona's first customer but the new company is talking with other banks.


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In the area of health and wellness, Apple Inc. is renowned for its revolutionary products and services. The business has a history of developing tools and apps that aid in tracking health and even saving lives. Apple is currently expanding the capabilities of AI once more.
According to reports, the corporation is working on technologies for measuring emotions as well as a new health counselling service powered by artificial intelligence. With the help of these new capabilities, users will be able to take a more detailed and individualised strategy for their health and well-being.
Apple is ready to launch a new coaching service codenamed Quartz, says Bloomberg report. The service will primarily work on motivating users to exercise and prompt healthy eating habits and sleep cycles. The fundamental idea of working on this program is to establish a combination of machine learning and data to build a personalised training program for individual users. However, these announcements are yet to be released and can be anticipated in the coming week.
Also read: iOS 17 will support app sideloading on iPhone, thanks to EU law
Apple has announced plans to create an innovative health coaching service as part of a larger initiative to integrate health features into all of its products, including the Apple Watch. The business’s most recent initiatives in this regard include bringing health software to the iPad and adding capabilities that can help users with eyesight issues.
However, Apple’s new internal service will have a monthly cost and have an app of its own. The effort is being led by a number of Apple departments, including the company’s services division, health, Siri, and AI teams. Although the service is now scheduled for next year, it could eventually be cancelled or delayed.
A version of Apple’s iPhone health software for the iPad is allegedly also being planned, enabling users to examine their health information, such as ECG findings, in an expanded format. Later this year, iPadOS 17 is expected to include this modification. In medical facilities, wherein tablets are already commonly used, the iPad’s rendition of the health app is intended to improve the app’s appeal.
Also read: A full list of iPhones that Apple could discontinue post-iPhone 15 series launch
According to the source, Apple may update its health app this year with additional features for treating vision disorders, including nearsightedness and tracking emotions. Users of the emotion tracker’s first iteration will be able to record their moods, provide answers to questions about their days, and monitor their progress over time. Apple plans to utilise algorithms in the future to infer a user’s mood from their speech, their written words, and other information on their devices.
In June, during Apple’s annual Worldwide Developers Conference, it’s expected to introduce a new iPad app as well as tools for controlling vision and emotion. The training service won’t be revealed this year, though. The company’s planned mixed-reality headgear, which includes features like meditation and an optimised variant of Apple’s Fitness+ fitness service, will also play a part in its well-being and health agenda.
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The $620 million deal brings together two major players that help retailers market themselves online.
EBay has agreed to acquire shopping search player Shopping.com in a deal valued at $620 million. It's a move that consolidates two major outlets for retailers seeking to market their wares online.
The agreement calls for eBay to pay $21 per share of Shopping.com stock, which was priced at $17.44 per share at Wednesday's market close.
The companies painted the deal as a way to expand what they can offer to merchant partners.
"The acquisition of Shopping.com will allow us to provide even more opportunities for our sellers," said Bill Cobb, president of eBay North America, in a statement.
EBay plans to integrate its listings into Shopping.com's search results, giving the auction site's sellers access to a new audience. Shopping.com's merchants, meanwhile, will gain additional traffic and leads from eBay, the companies said. Shopping.com retailers generally pay on a cost-per-click basis, while eBay sellers pay a fee plus a percentage of the sales price. EBay also offers its sellers other opportunities to highlight their listings, including keyword-targeted ads.
EBay in recent months has moved to aggressively expand beyond its roots as an auction site for small merchants, making a number of investments in the classifieds space. Last month, its recently launched free classifieds division, Kijiji, bought two European competitors. The company also bought Rent.com earlier this year, and it owns a stake in Craigslist.
Shopping.com, for its part, has expanded beyond products to services recently, launching a beta of shopping search for mortgages last month. Meanwhile, the company's business has been growing dramatically. When it reported first-quarter earnings in April, the company said it experienced 38 percent growth in revenue and 72 percent growth in net income over the same period in 2004.
The deal, which must be approved by regulators and by Shopping.com shareholders, is expected to close in the third quarter of this year.
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March 19, 2014


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Police are investigating the attack.
Pokemon Go Lanes Open At Silverburn
Pokemon Go players have been given their own lane in a busy shopping centre to avoid disrupting other customers.
Silverburn near Glasgow has introduced Pokemon Go express lanes to contain wandering players, while in Aberdeen, Union Square has expanded its customer service team to include two ``human'' charge points to rescue players facing waning mobile batteries.
David Pierotti, general manager at Silverburn, said: "We noticed an uplift in footfall since the craze kicked off a few weeks ago and wanted to ensure the safety of both players and non-players while shopping in the centre.
"Express lanes seemed like a suitable solution and have been very well received since being installed earlier this week.''
Silverburn's Pokemon lanes stretch for 250 metres, allowing players to roam safely and without interruption throughout the mall.
Union Square already has lockable charging stations but portable chargers have been introduced so gamers can keep hunting on the go.
Since its release, more than 50 million users have downloaded Pokemon Go.
Another girl was airlifted to hospital.
The attack happened on Waverley Bridge.
Opposition parties are criticising the figures.
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WEEKLY Arval auctions on Autorola’s online remarketing portal are forming part of an expansion of Arval’s UK disposal strategy.
A selection of two- to four-year-old ex-fleet vehicles are being offered for sale each week, starting every Monday at 3pm with the auction running for a period of two days, to Autorola’s 2,000 active buyers.
Arval provides full descriptions of damage, service history and optional extras for each vehicle. However, should Autorola customers require any additional information, the remarketing specialists have a dedicated customer service team on-hand to support any queries buyers may have.
Christophe Hamon, Arval UK’s remarketing manager, explained: “With our UK fleet continuing to grow we are constantly looking to expand our online disposal routes to market.
“We successfully work with Autorola in a number of different European countries and following an extensive pilot in the UK we are achieving some strong results,” he added.
Jon Mitchell, Autorola UK’s group sales director, said: “Arval has embraced online selling across Europe and we are pleased to be working with them in the UK. They are successfully selling a mix of ex-fleet stock through our online channel.”


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The Apple Watch’s ECG can alert for atrial fibrillation, but that’s not the only life-saving capability Apple has included in its health-focused watch.
the apple watch is a wearable accessory that saves lives, and it’s not just the ECG function that Apple added a few years ago that makes the difference. Various sensors and capabilities play a role in detecting and alerting the user and possibly emergency services in the event of a problem. Quick action can save lives, and notifications that arrive in advance of or shortly after dangerous events can make a huge difference in the chances of survival.
The standard heart rate sensor is excellent for targeted fitness. But, despite having health apps, the Apple Watch didn’t catch the eye as a health device until Apple gave it ECG (electrocardiogram) capabilities, to starting with the Apple Watch Series 4 in 2018. Suddenly, a consumer electronic device could record advanced medical data. data that usually required a visit to the doctor. Apple continues to add new health features every year, and it makes a difference.
The Apple Watch has saved countless lives over the years and around the world, with dozens of reports in the US news each year and likely many more unreported. The most recent report from Fox 11 News in Los Angeles describes a brutal fall from an e-bike and the cyclist injured his head with rapid blood loss and was knocked unconscious. The pilot’s Apple Watch detected a hard fall and called 911 emergency services, providing the location. This early, automatic Apple Watch alert might have saved the wearer’s life, and they were released from the hospital a few days later. Apple highlighted vital features of the Apple Watch Series 7 in a recent YouTube video.
Apple Watch saves lives
In 2021, the story of a person trapped in freezing water made headlines. ABC 7 News in New York reported that a person fell through the ice of a frozen pond, struggling for 10 minutes to get out without success. Finally remembering that the Apple Watch could make SOS calls, the wearer called for help and firefighters responded quickly, arriving five minutes later and saving their lives.
KFOR The Oklahoma news covered a rare heart condition that affected a very physically active teenager. When the Apple Watch alerted the wearer to a heart rate of 190 while relaxing in a classroom, he went for a check-up. A diagnosis of supraventricular tachycardia and surgery to correct the problem might have saved the young athlete’s life.
The Apple Watch provides cardio health tracking with ECG and heart rate monitoring. Fall detection and SOS help in case of emergency. Medical ID can help alert someone to allergies and other important health details. Overall, it is clear that a apple watch can save lives and does every year.
Next: How to use and manage fall detection on Apple Watch
Is the Galaxy S21 FE worth buying?
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EUGENE, Ore. — The Lane County Fair teamed up with a local food bank Sunday. Fair-goers could get in for free by donating three cans of food to Food for Lane County. Sunday was not just the last day of the fair, but the most important day of all for folks at Food for Lane County.
Fair-goers came to the fair this week for many reasons. Some went for the food. Others showed up for the games and rides. On Sunday, thousands came in support of a great cause–donating food for community members in need. The line wrapped around the corner with folks eager to empty their hands, bags and even boxes of food.
Food for Lane County managers said it’s their biggest drive of the summer and vital to their operations.
“Normally in August and September, we see our lowest months for food drive food. I think next month, traditionally, I think we’ve gotten about 4,000 pounds in September and when you distribute 7.7 million pounds in a year, getting only 4,000 in a month is pretty low,” said Alicia Hines, Food for Lane County’s Food Resource Developer.
Last year, the fair raised nearly 15,000 pounds. This year, the food bank estimated that they were able to collect about 17,000 pounds in donations.
Though they weren’t able to reach their goal of 20,000 pounds, Food for Lane County said they were amazed at how much they were able to collect in just two hours. They have high hopes for next year.


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Major League Baseball is ready to start fielding sponsorship bids for one of the most popular sports innovations in years: the pitch clock.
Baseball could reap tens of millions in new sponsorship fees by allowing a global marketer such as Timex, Omega, or Rolex to attach its brand to the new “pitch timer,” which is shortening games by a half-hour this season.
“MLB is open for business,” said one source.
An MLB-wide sponsorship with a watchmaker or technology company would be worth $10 million or more a year, estimated Bob Dorfman, a sports marketing analyst at Pinnacle Advertising.
“That’s worth eight figures or more,” he said, especially if the sponsor’s brand is standardized and visible behind the batter.
MLB’s 30 teams could also sell local pitch clock sponsorship for millions apiece.
“I would think any time-related company would jump on it. Particularly this season. It’s got so much attention. It’s successful, “ Dorfman said. “Everybody seems to be loving it. Any watch- or time-related company would jump all over it. Even TIME magazine.”
MLB started 2023 with 35 corporate sponsors, including Budweiser, Nike, Mastercard, FanDuel, T-Mobile, and Taco Bell.
Global watch brands have long sponsored sports, teams and leagues.
Tissot is currently the official timekeeper of the NBA. Rolex has been an international partner of The Masters tournament since 2008. Rolex also serves as the official timekeeper of the United States Golf Association and championships.
Timex and the UFC announced a global sponsorship/licensing deal in late 2021. The company’s long-running “Takes a Licking and Keeps On Ticking” campaign aired for years on the Super Bowl.
MLB declined to comment.


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The company gives a subject to its new app as trading “without fees”, which accepts free orders processing only at the closure of the day. Robinhood app applies the main selling point that is already attracting a majority of expectations.
Most of them are waiting for its launch in the US according to the planning in action. The exchange also tweets about the trade winds saying:
Trade winds are blowing in Illinois. You can now use Robinhood Crypto to trade Bitcoin, Ethereum, and other crypto in the Prairie State! pic.twitter.com/uKUgrxxu1e
— Robinhood (@RobinhoodApp) December 5, 2018
There are much spread in orders which is making things at risk while accessing such kind of free trading services. As we all know about the high volatility markets and its cryptocurrencies.
The report cites sources about flourishing Fintech industry in London to confirm that Robinhood seems to recruit multiple U.K. working positions. These encompass sectors including
- Customer support
- Compliance and Product
Evidently, the particular recruitment tasks are under action with the utmost discretion. Robinhood is thinking of piling in London, it will have to compete their local companies- Revolut, Freetrade, etc.


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What does it mean when Louis Vuitton, the world’s largest luxury brand, shifts its focus away from the very trademarks on which its success has been built?
MILAN, Italy – With the release of Bottega Veneta’s sales figures for 2012, the PPR-owned Italian maker of discreet high-end leather goods and ready-to-wear publicly joins a small club of luxury companies that have crossed over into $1 billion-plus sales. While several mass luxury brands such as Coach and Michael Kors have surpassed the $1 billion mark in recent years, among high luxury brands only megabrands like Louis
MILAN, Italy — We tipped our friend Sonny Vandevelde to give us a behind-the-scenes look into the collections in Milan for Spring/Summer 2013. Japan was clearly on the mind, with unmistakable silhouettes and motifs from the island nation appearing in strong outings from Prada and Etro. Versace and Dolce & Gabbana made their seasonal statements in a flurry of prints, textures and covetable accessories, all in the spirit of their
Theory’s Designer Shapes a New Future (IHT) “Mr. Rosen was asked whether the seemingly sudden decision to hand over creative control of Theory to the young designer was a risky move. ‘To me, it’s not a risk,’ he said. ‘I know Olivier, and I know his understanding of Theory. I think it’s a great opportunity. I didn’t need a reaction from the consumer on Theyskens’ Theory. It’s amazing clothes that will
Why designers love to dress pop music’s leading ladies (Independent) “A quick glance at red carpeted occasions explains why designers, while still happy to dress actors – from fledgling talent to veritable superstars – might find working with their musical counterparts more inspiring.” Bottega Veneta expands with bags of ambition (FT) “Bottega Veneta, which has built a reputation as a discreet, logo-free


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India is making life increasingly difficult for China and its mobile applications sector, as the Modi government’s onslaught against the espionage tools of the Chinese Communist Party seems to be unending. Around the world, there is a growing consensus that China and its ruling red party uses mobile applications distributed across the world as tools for espionage, spying and data thefts. It was seen how the world community welcomed and took inspiration from India’s daring ban on TikTok and 59 other widely used applications in June. Now, with India banning PUBG Mobile and its variants too, among the 118 applications, the path is set for the demolition of China’s cheap app sector.
As the government of India announced yesterday an even more extensive ban against Chinese tools of espionage or ‘applications’, one name which stood out was that of PUBG Mobile. To ban a gaming app as popular as PUBG goes on to show how determined the Modi government is to teach China a lesson. The latest ban on 118 Chinese apps is all set to hurt the fortunes of Tencent Holdings Ltd, China’s leading search engine Baidu Inc, Xiaomi’s ShareSave and online payments giant Ant Group Co.’s platform Alipay. PUBG Mobile Nordic Map: Livik and PUBG Mobile Lite have also found mention in the blockade list.
The massive ban on Chinese tech services/apps by India will result in investors growing apprehensive of putting in their fortunes with Chinese companies, as in post-CoVID world order, no one knows which country might end up taking anti-China decisions. Instead, investors will be looking at putting their money in more stable economies, such as India, who face no negative sentiments globally. This will spell the death knell for the Chinese tech sector.
Interestingly though, PUBG, which is the PC version of the same game has been excused from the ban, and only the mobile version of the same has been kicked out of India’s cyberspace. This is due to the fact that while PUBG Mobile has an explicit Chinese link, its PC version does not. PUBG, which is the PC variant of the game has been both developed and published by Korean developer – PUBG Corp, which is a subsidiary of the South Korean video game company Bluehole Studio. It is now held under a unified gaming brand named Krafton Game Union.
PUBG Mobile, however, has been developed as a mobile application by Tencent Holdings, which is a Chinese Holding conglomerate. Although the game has taken its essence from PUBG Corp, the mobile version has been both developed and published by Tencent, leading to its ban in India, due to an obvious China link. Tencent Games also bought a 10 per cent stake in Bluehole, in mid-2018.
It was due to Tencent buying a 10 per cent stake in Bluehole that they were allowed to develop the game for China and in a mobile version for global distribution. The ban by India on Chinese apps will have a spillover effect for such transactions of global companies with Chinese entities too. No country and its companies would want to associate with Chinese entities, only to face irrevocable damage to their fortunes in economies like India.
Essentially, India has signalled that it will block all goods and services with a Chinese link, whether they be toys, infrastructure development projects, oil, tech services, mobile apps, telecommunication material, etc. As such, it has led the way for countries around the world, who believe in values of democracy and freedom to do the same. For Chinese apps to be banned in India, which is a country where any app’s true success can be gauged, is a huge PR and reputational disaster for them. Getting banned in India for no less than infringing upon the world’s largest democracy’s national security will have severe consequences for the Chinese tech and app industry, not to mention the monetary loss that they would be suffering due to the same.
Some might argue that the revenues from India, for certain Chinese apps like PUBG are ‘minuscule’. However, in the long run, India has dug the grave of the Chinese tech sector, which countries across the world will push China into. In the long run, also, the losses for China are going to be unprecedented. We must not forget that India is also looking at cutting its dependency on Chinese goods. For example, PM Modi is heading the mission to transform India into a global toy manufacturing hub, which will spell a disaster for the already dilapidated and overestimated Chinese economy.
Only recently, as reported by TFI, India has stopped purchasing Chinese oil. Indian State refiners have stopped buying crude oil from Chinese companies. Now, India is not only going to cause heavy losses to the Chinese oil companies but is also creating far-reaching repercussions when it comes to the equity stakes of Chinese companies in oilfields around the world.The State refiners in the country alone control India’s 3 million barrel-per-day refining capacity, and now, China stands evicted from this massive crude oil supply chain. The message is clear: anything Chinese will be banned in India without blinking an eye.


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Nymble Labs, the Bengaluru-based startup behind cooking robot Julia, has raised an undisclosed amount of funding from early-stage venture capital firm WaterBridge Ventures, Flipkart co-founder Binny Bansal and VC firm 021 Capital.
A slew of other investors including Samay Kohli and Akash Gupta, co-founders of Grey Orange Robotics; and Silicon Valley venture capitalist Asha Jadeja Motwani also participated in the round, a statement from WaterBridge said.
The startup will use the capital for product development and innovation, to expand its technical team and set up operations in China and the USA, the statement added. Nymble will also set aside a portion of the money to conduct a closed set of user trials with its end customers, apart from augmenting its technology capabilities and creating intellectual property.
Julia is a domestic cooking robot that uses artificial intelligence and machine learning capabilities to learn about user tastes and preferences and is capable of cooking single pot meals, including Asian curries, pastas, noodle or rice-based dishes, unsupervised and unattended. The company claims that the robot is capable of handling about eight varieties of vegetables and meat and six different kinds of spice blends at a time.
Owned and operated by Nymble Labs Private Limited, the startup was founded in 2016 by Raghav Gupta and Rohin Malhotra. Nymble was part of the first batch of the Bosch DNA Accelerator and has been supported by grants from the Government of Karnataka.
“People want to eat fresh food every day and owing to working lifestyles are unable to find time to cook meals from scratch every day of the week. Domestic help is almost non-existent, and delivery charges alone are $6 per meal using services like DoorDash. We want to be the company that people think about when they want to eat fresh food at home,” Gupta said.
The product uses proprietary software and sensors that measure important food parameters like weight, temperature, consistency and change in colour to cook the meal.
Internet of Robotics Things (IoRT), a combination of IoT and robots, is an emerging market where intelligent devices (robots) monitor events, fuse sensor data from a variety of sources, and use local and distributed intelligence to determine the best course of action. Citing a report by Markets and Markets, the press statement said the IoRT market is expected to be valued at $21.44 billion by 2022, growing at compounded annual growth rate of 29.7% between 2016 and 2022.
IoRT startups are divided into two segments—industrial and consumer.
In the industrial segment, India is home to startups like Grey Orange, backed by Tiger Global, Binny Bansal and others; Bengaluru-based Invento Robotics; and Nandan Nilekani-backed Systemantics.
Tech giant Microsoft also recently launched ‘Microsoft Garage’ in Hyderabad to develop products and solutions based on new-age technologies like IoT, robotics and quantum computing.
Globally, Nymble will compete against a bunch of kitchen IoT startups like Zimplistic Inventions, the company behind the IoT and AI-enabled flatbread making kitchen robot, Rotimati and smart oven maker June Oven.
The venture fund was launched last year by Sailesh Tulshan, the personal investment adviser to the founders of homegrown e-commerce major Flipkart. The fund, which will put in $2 million each in every startup it invests in, will look for opportunities in the biotechnology, agriculture and internet sectors. It has a target corpus of $50 million. Its other investments include biotech startup Pandorum Technologies and packaged food startup Y-Cook.
Tulshan is also the founder of Tsai Shen Capital, an investment advisory firm for individuals and large family offices. He was earlier associated with family office Client Associates and private lender HDFC Bank.
This early-stage VC firm invests at the seed to Series A stages of a startup and continues to put in capital in subsequent financing rounds. It backs companies in India or businesses with a strong India angle, where tech is an enabler, information on the firm's website states. It has made 15 investments and its portfolio firms have raised $125 million in capital. Some of its investments include LetsMD, a fintech startup in the healthcare space, ed-tech startup Doubtnut, online lending platform ZipLoan and hyperlocal discovery and rewards platform Magicpin.


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Hurricane Grill swirling into Alabama with 10 restaurants
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Hurricane Grill & Wings, an up-and-coming brand looking to create franchises across the country, is headed for Birmingham.
Atlanta-based Category 6 Restaurants LLC has contracted with the Florida brand to develop 10 beach-themed restaurants in Alabama over the next eight years, including a minimum of four in the Birmingham area with the first finished within a year.
Including Alabama, which could get even more restaurants if all goes well, Category 6 founder and owner Tom Petska said he plans to help investors open 55 franchises in four states. The brand already has more than 46 restaurants in five states.
“This is a concept that within the next 12 to 16 months will hopefully become a household name,” he said.
Northern Alabama, Petska said, was ripe for restaurants that mirror the casual “down the street” beach bars of the coast, especially considering the sluggish economy.
“One of the reasons I decided to acquire the Alabama market was because there’s a lack of development,” Petska said. “Alabama is a growing area that often gets overlooked by most corporations. Alabama has a lot of draw, a lot of potential.”
“Now is probably an opportune time to come in,” he said.
Birmingham has had fewer restaurant closures than elsewhere in the state, Fidel said.
Petska said he’s currently in communication with investors in several cities here – including Hoover, Bessemer and Trussville – who are looking at the Birmingham market.
While franchise owners would be looking at a $296,000 to $800,000 investment per location, Petska said the sales-to-investment ratio was a high 3-to-1. On average, investors are recouping their investments within 16 to 18 months.
“The restaurants are just successful, period,” he said.
Martin O’Dowd, president of Hurricane Grill & Wings, said he expects the franchises will establish a “strong presence” in their areas.
“Continuously expanding Hurricane Grill & Wings into new markets is very exciting for us,” he said.
The eateries will each employ about 30 to 40 people and sport a sand-between-your-toes atmosphere, Petska said.
“Hurricane’s coming,” he said.
Ryan Poe covers real estate, retail and manufacturing for the Birmingham Business Journal. Click here to follow him on Twitter. Click here to join him on Google+.
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If you’ve been following the news from Europe for the last few months, you’ll notice that the headlines have been dominated by the cost-of-living crisis. This crisis has occurred for a few reasons, including the Russian invasion of Ukraine and poor governmental choices.
While it hasn’t hit America as bad so far, experts are warning that a crisis is coming. Here’s everything you need to know.
What’s happening with the cost-of-living crisis?
Inflation happens every year – so why is it going up at such a speed now? There are several factors that are causing inflation, the main one being the sanctions imposed on Russia as a result of the war in Ukraine.
Because countries around the world don’t want to buy Russian gas, they are using more expensive alternatives. Other reasons why inflation is so high are disruptions in supplies thanks to the Covid pandemic (the market can’t keep up with the flux in customer spending).
As the Ukraine war is happening in Europe, this continent has felt the brunt of the cost-of-living crisis the most. But now it seems to be coming to America.
What’s happening in the USA?
The effects of the lack of Russian gas and other events, such as the Nord Stream pipeline system being blown up, have caused a knock-on effect on the USA.
The country finished summer with gas storage far below average levels, which means that it’ll need to purchase more throughout the winter. But globally, there is less to purchase.
This will mean more expensive energy prices throughout the country – an average of around 17.2% increase – which will have a further domino effect on the cost of living, potentially affecting industries from travel to hospitality.
And although the dollar is strong at the moment when compared to EUR and GBP, this could stoke a wider recession in 2023.
Why is it such an issue now?
Part of the reason why the cost-of-living crisis is so apparent now is that there are so many more ways to spend money than there were in the past. A century ago, people earned money and spent what they earned. Sure, some people racked up debt or went to gambling dens, but most people lived within their means, even if that meant not having much.
Nowadays, it’s effortless to buy things that we don’t need on our computers or mobile devices – in just a few clicks, you can purchase expensive electronical goods on Amazon or do an entire ASOS shopping haul.
Buying things on credit is a big thing in America, and what’s worse, you can nowadays apply for credit from your phone. While banks generally do sophisticated credit checks and don’t offer cards to people with bad credit history (although, of course, they do still give cards to people who can then go and rack up a load of debt!), it’s ridiculously easy to apply for credit on apps like Klarna.
Klarna is a “buy now, pay later” app that many people have struggled with, as they have ended up in debt over spending money that they didn’t have and weren’t possibly going to earn. Klarna has been slammed recently for offering an “eat now, pay later” scheme by linking with Deliveroo. When people use credit, they often find themselves in even worse financial situations than before.
You can even gamble on your phone. While many of the best pay by phone casinos have caps on how many deposits you can make, this is often hundreds of dollars, which could still land people in dire consequences when the price of everything else is rising.
What’s the solution to the energy crisis?
It’s difficult to pinpoint just one solution to a problem that’s encompassing the whole globe. Russian sanctions are likely to be in place for a long time – which means that the world needs to turn to other sources to find energy.
One of the main issues is that people, by and large, use too much electricity. Many people don’t think about turning the lights off every time they leave a room or turning the TV off if they’re just using it as background noise while they complete unrelated tasks. In fact, Washington Post thinks that most people are clueless about how much energy they use and that more needs to be done to encourage people to cut back on their spending. If anything, the threat of blackouts this winter in the UK and other countries could serve a purpose to encourage people to waste less!
Another resource to look to is green energy. This has been at the forefront of many people’s minds over the last few years, but perhaps this energy crisis could be the event that finally speeds the “green revolution” up and encourages people to use more sustainable sources of power, like wind farms and solar energy.
These energy sources are completely sustainable and, although expensive to set up, work out a lot cheaper in the long run.
Some governments are also turning to other providers of gas; Saudi Arabia has long been a big provider, although President Biden’s current war of words with the Middle Eastern nation could affect this. Some of America’s close allies, like Canada, have their own sources of gas too.
In terms of cost of living, governments around the world have unveiled plans to tackle poverty – although many have been criticized as either not doing enough or benefiting the rich only.
For a consumer, these uncertain times can be a bit scary, but simple steps, like using plenty of layers of clothing and cutting down on luxuries, can be taken to contribute to tackling this problem.
The energy crisis isn’t a problem that’s going to be resolved overnight. It’s the cumulative effect of lots of issues over the past three years, and most experts agree that the best way to tackle it is a long-term change to different types of energy. Hopefully, it’ll be a learning lesson for both governments around the world and people on a more individual level.


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Find the latest happenings and updates in the world of technology including latest news on technology updates from Pakistan and the world.
Apple will also start keeping Nokia's digital health products in its retail and online stores. These products vanished from Apple stores a few days after Nokia filed the patent suit.
The Fintech Disrupt Challenge is an extension of Karandaaz Pakistan’s overall ambition of promoting financial inclusion to marginalized segments of the society.
Dell EMC announced a wave of new innovations at Dell EMC World in Las Vegas early this month, serving a specific and meaningful role towards helping enterprises realize their goals for digital transformation.
Extra Torrent was widely credited site. It was the second most popular file sharing site in the world which gathered the large number of audience.
Gear up! One should be extremely vigilant when it comes to choosing the right job. It’s just not the size of a company or the compensation packages but career growth should be the main preference.
Out of utter shock, Facebook did exactly the same. The fine is imposed when European Commission came to know that Facebook had decided to link users profiles with WhatsApp phone number back in 2014.
New version of Android is coming as Google has rolled out the developer preview of its next Android named Android O. Now Google Release Second Android O Developer Preview. The new software is coming with a variety of new features.
With the rise of app-install products offered by leading advertising platforms such as Facebook, Twitter, Google, Instagram and Snapchat, smartphones today are a much more appealing target for potential fraud than ever before.
The “Internet of things” (IoT) is becoming a hot topic of discussion now a days. It has the potential to impact everything we do and how we live. Despite its intensified role in today’s connected digital world, many people are still trying to grasp the foundation of what internet of things is all about.
Fori Mazdoori (FM) is a smart social labour initiative that thrives on digital inclusion by connecting blue-collared workers with employers instantly across Pakistan.


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Round-Up - Pernod Ricard's Q1 Results 2013-14
Pernod Ricard released its Q1 results near the end of October. Here's a round-up of just-drinks' coverage of the company's performance in the three-month period.
Pernod Ricard has blamed a slowdown in China and emerging markets for a Q1 sales drop, but has maintained that FY organic profits should still come in positive.
Pernod Ricard will extend its portfolio in China as sales in the country return to solid growth in two years, an analyst has predicted.
Pernod Ricard has seen recovery in some sectors of the Chinese alcohol market in Q1, but warned that the time and pace of a revival is still uncertain.
Earlier today (24 October), Pernod Ricard released its sales and volumes figures for the 2013-14 first quarter. Here's a closer look at the company's performance in the three months to the end of September by region and brand.
- It isn't just men who like beer - Comment
- Why sports drinks fail to ride the Olympic wave
- What do US wholesalers think of spirits trends?
- How the craft economy is loosening alcohol laws
- Experienced hands hold firm at CCEP - Analysis
- Diageo merges US, Canada spirits units
- Johnnie Walker's Bourbon bent "coincidental"
- "We're not complacent about Brexit" - Diageo
- Luxury and e-commerce a "natural fit" - Diageo
- Diageo's Johnnie Walker set for festive push in TR
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends


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Prosecutors Trace $13.4M in Bitcoins From the Silk Road to
Bitcoin Exchange BTC-E and BitcoinTalk Forum Breaches. (the largest Bitcoin discussion forum in the world). ip addresses, register dates.
BitcoinVanityGen.com - Bitcoin Vanity Address GeneratorUsing OneName for Bitcoin Addresses. noticed the start of trend to swap out Bitcoin Addresses in the user interface with human. squatting is my biggest.The notoriously volatile cryptocurrency, whose 150 percent surge this year has captivated.
Best Bitcoin Faucet List Ever Best Bitcoin Faucet List EverBitfinex is a full-featured spot trading platform for the major cryptocurrencies such as Bitcoin.Monetary losses from compromised accounts have started to surface, and.
Why Schnorr signatures will help solve 2 of Bitcoin’sTransactions sent and received from bitcoin address 1FfmbHfnpaZjKFvyi1okTjJJusN455paPH.With a reported 75.7% share of the South Korean bitcoin market volume, Bithumb is one of the five largest bitcoin exchanges in the world and hosts over 13,000 bitcoins worth of trading volume daily, or roughly 10 percent of the global bitcoin trade.In order to help people explore and gain access to the best free bitcoin sites, we have put together a list of sites that offer free bitcoin and an explanation on how.
(3518.11 USD) Bitstamp - buy and sell bitcoin
While admitting to being hacked on their website, Bithumb maintained that there was no direct access to funds stored on the exchange.Coinbase is a digital asset exchange company headquartered in San Francisco, California.The largest bitcoin and ether exchange in South Korea by volume, Bithumb, was recently hacked.The 5 Biggest Bitcoin News. which was once the largest bitcoin exchange.
The easiest place to buy, use, and accept bitcoin, ethereum, and litecoin.
What's the biggest problem with bitcoin mixing services
How Big is Bitcoin? - Bitcoin NewsThe Bitcoin Network prevents you from sending money to an invalid address,.I think I found one of the largest Bitcoin addresses and the second largest.Owners of bitcoin addresses are not explicitly identified,. one of the largest bitcoin holders after winning an auction of 30,000 bitcoins,.
Satoshi Nakamoto - WikipediaFor those operating a bitcoin exchange — where people can buy.The FBI official pointed me towards this Bitcoin address,. the FBI has yet to find that key.Get started with Bitcoin: find a wallet, buy bitcoin, shop with bitcoin, read bitcoin news, and get involved on the forum.
The Biggest Mining Pool is Now Signaling to Keep Bitcoin WholeWhy the Large Bitcoin Collider poses no threat to. has been getting some buzz due to its alleged ability to crack bitcoin addresses and take.
Find all you need to know and get started with Bitcoin on bitcoin.org.It was the biggest bitcoin exchanger at the time and practically.


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Consumer goods maker Unilever has extended its €1bn outsourcing contract with BT Global Services in a technology refresh deal worth an extra €173m (£144m), BT said.
The new deal will see BT provide Unilever with unified communications, messaging, supply chain, wireless technology and agile working in over 100 countries over the next four years.
The original €1bn contract announced in November 2002 kick-started BT Global Services. It was the first global telecommunications outsource contract undertaken by BT and is one of the world's largest telecommunications outsourcing deals.
The new deal includes the design, management and operation of a secure, fully-integrated end-to-end IT networking infrastructure.
It covers an increasingly integrated platform to deliver data, voice, video and mobility services to around 1,000 sites.
The contract will also help Unilever deliver its new supply chain applications.


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Google is starting to integrate both the Android Pay and Google Wallet functionality into one service – Google Pay. As a result, on Tuesday, Google’s new unified payments service launched an app for the Android devices. As of now, only the Android version of the app is available.
With Google Pay, the search engine giant is making a third attempt at the mainstream payment service. The new app is divided into two halves – “Home” and “Cards” tabs. The former displays the recent payment activities, local store offers and rewards among other information, while the latter offers individual debit, credit, reward and gift cards.
Similar to Android Pay, users would have the option to save the cards and payment information in the app to use it for making purchases on different websites and apps via a Chrome or Android device. The app can also be used for transit in cities such as London, Portland and Kiev, but much would depend on the public transit of the city, notes The Verge.
With the S&P 500 falling a double-digit percentage in the first half, most equity hedge fund managers struggled to keep their heads above water. The performance of the equity hedge fund sector stands in stark contrast to macro hedge funds, which are enjoying one of the best runs of good performance since the financial crisis. Read More
Speaking to TechCrunch, Google’s VP of Product Management for Payments, Pali Bhat, said that the team was focused on simplifying the payment service and offer users a simple payment solution for purchasing goods online, as well as in brick and mortar stores. Bhat stated that developers were given a very simple API to implement Google Pay.
“The API is simple because we are not processing that payment. We just securely pass the credentials to whoever is doing it,” Bhat told.
It implies that users having an account in Bank of America in the U.S. or Mbank in Poland can set up Google Pay from their banking app itself without the need to install Google Pay. After the setup, users can simply make payments online and at stores.
To switch to the new app, those already using Android Pay just need to install the new update as and when it arrives. Once the update is complete, Android Pay would simply re-sleeve into Google Pay. Also, whatever debit and credit information was stored in Android Pay would be carried over to Google Pay.
Those who are new to the service would need to download the app from Google Play, and then proceed as per the instructions for adding the cards and activating the services. In case Google Pay finds that your device lacks the needed hardware, it will automatically let you know, notes LifeHacker.
For making a purchase at an actual store, a user needs to look for the “GPay” logo or the picture of a NFC terminal. Thereafter, unlock the phone and position it near to the scanner. Once the connection is established, a user needs to follow the instructions on the screen and enter a PIN or sign to confirm.
For those looking for an option to send money to friends or family would require downloading the separate app called Google Pay Send for now. Eventually, this functionality will be added to the main Google Pay app.
This new app has already got support from names like DoorDash, Hotel Tonight, Airbnb among others. Google is promising to rollout Google Pay to all its services and products including Chrome and Assistant.


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The next phase of Internet connectivity that big tech deems worthy of investment is Metaverse. While Microsoft, Facebook, and Nvidia compete to construct and populate their digital worlds with avatars, the public continues to fantasise about new virtual chances.
- The parent business of Facebook, Meta, is currently constructing a few portions of the metaverse. Horizon Workrooms is a workplace application that allows Oculus-wearing employees to enter virtual offices and have meetings. The beta is currently available for testing. Horizon Home is an additional vital component of this Metaverse. Users can choose from a variety of distinct surroundings, ranging from a cosy cottage to a futuristic cyberpunk flat, invite friends to hang out, view immersive videos, or engage in cooperative multiplayer games. The feature will shortly be included in an update to Quest. Meta intends to incorporate its popular social applications, such as Facebook and Instagram, into the Oculus store as part of the Home experience.
- There is a Roundhill Ball Metaverse ETF dedicated to the metaverse. Specifically, the fund invests in firms that connect with, provide key infrastructure for, or otherwise facilitate the Metaverse. These businesses include of Meta Platforms, Nvidia, Microsoft, Roblox, Unity Software, Apple, and Amazon, among others. The ETF was previously traded under the ticker META. However, the sign will change to METV on January 31.
- According to researchers at Bloomberg Intelligence, Metaverse may become a $800 billion business by 2024, increasing revenue prospects with live events, entertainment, and social advertisements. Grayscale predicts that the market opportunity for Metaverse may generate over $1 trillion in yearly revenue and could compete with Web 2.0 companies with a current market value of over $15 trillion.
- Banks will exist in the metaverse. In fact, several of these are already available in virtual environments. EQIFI, a DeFi platform backed by the regulated and licenced EQI bank, collaborated with Polkacity, a smart contract-based gaming platform. Polkacity will reserve EQIFI a digital virtual bank spot in its forthcoming NFT game. The bank has already released an EQIFi NFT card that grants its owners access to a free bank account with EQIBank (according to restrictions & conditions), a real debit & credit card for NFT cardholders, and the opportunity to spend POLC cryptocurrency in the real world.
- In November of last year, a parcel of virtual land in the online metaverse realm of Decentraland was auctioned for a record $2.4 million in its native cryptocurrency MANA. In Decentraland, land and other things were sold using non-fungible tokens (NFTs). The last record transaction occurred in June 2021 and was for approximately $913 million. The most costly parcel of land in Decentraland is located in the “Fashion Street” region of the metaverse map, and was purchased by the Metaverse Group, a subsidiary of Tokens.com, to conduct digital fashion shows and sell virtual apparel for avatars. According to DappRadar, sales of virtual land exploded in December 2021, generating $105.87 million a week for just four metaverse enterprises. After the Facebook rebranding sparked the metaverse rush, plot prices have increased by as much as 500 percent in the past few months.
- Currently, VR goggles and headsets only allow you to see the metaverse, but immersive wearables may soon become the norm. Consequently, Meta Reality Labs has just produced a prototype haptic glove that enables users to sense metaverse objects. Several additional manufacturers provide haptic vests, pants, and even full suits that resemble battery-powered Marvel superhero costumes. This type of clothing incorporates electroactive stimulators that enable a sense of touch in virtual and augmented reality. In addition, they can sense body signals and collect biometric data in real time, which may be utilised to convey emotional state, stress level, and vital health indicators.
Read More Like This Here


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Chipotle Announces They Will Only Serve GMO-Free Food
Chipotle will officially be the first restaurant to only use food with no GMO ingredients.
According to Huffington Post, starting today Chipotle will be the first major chain restaurant serving only food that is free of genetically modified ingredients.
This is another step toward the visions we have of changing the way people think about and eat fast food.
The company's co-CEO, Steve Ells was quoted saying, “This is another step toward the visions we have of changing the way people think about and eat fast food. Just because food is served fast doesn’t mean it has to be made with cheap raw ingredients, highly processed with preservatives and fillers and stabilizers and artificial colors and flavors.”
Chipotle has been working on a GMO-free menu for years and it was't until 2013, that they disclosed all GMO-containing food on their menu.
The brand says they have successfully taken out all GMO ingredients including switching their soybean oil to other types, like sunflower oil. The only issue they will have with GMO foods is that their pork and chicken will come from animals who are fed GMO ingredients. Hopefully they will find a way around that as well, sooner rather than later.
I personally think this is a great idea! GMO foods have been known to be dangerous for our bodies, so having a major chain restaurant focus on eliminating them is amazing! I am always trying to find ways to eat healthier GMO-free foods and since I love Chipotle, it's nice to know I won't have to give that up. Hopefully one day we will see this trend within all restaurants and food supply companies, of getting rid of GMO's!


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Toronto allows short-term rentals again but Airbnb listings are still dwindling
The number of Airbnb apartments in Toronto continues to trend significantly downward, even though the official ban on short-term rental apartments that the province set in April due to COVID-19 concerns has been lifted for nearly two months.
Some neighbourhoods that are extra notorious for vacation rentals, such as the dense pocket of towering condos at CityPlace, saw a staggering drop of 30 cent in listings this month compared to the pre-pandemic Airbnb heyday of December 2019 to January 2020.
Across the city, listings have been falling month-over-month since January, and are down 16.8 per cent to 23,524 as of mid-August, as per data from Inside Airbnb.
Meanwhile, the vacancy rates of apartments meant for actual residential tenants have gone up and rent prices are cooling for the first time in what feels like eons — a welcome, albeit strange development for a city long bemoaned for its ghost apartments, high rents and housing crisis.
Updated with August 18th data.— Gil Meslin (@g_meslin) August 31, 2020
Continued decline of Airbnb listings.
Change from peak:
Old city, -17.6%
Entertainment District, -17.3%
South Core, -24.3%
CityPlace, -30.2% pic.twitter.com/lWSjnitPXD
The health crisis represented a massive blow to the industry, with short-term rental hosts worrying about a drastic loss in business to to travel restrictions and widespread caution around vacationing and leaving the house in general, even before the moratorium.
An increasing number of property owners have been converting their units into longer-term rentals to adapt, leading to fewer listings, an influx of new units on the market and lower rents.
The City has also vowed to tighten up on its rules and regulations around Airbnbs post-COVID, asking that hosts who rent out their homes for less than 28 days at a time to register as short-term rental operators.
Owners will also only be able to rent their units to tourists for a maximum of 180 nights per year, and will have to pay a four per cent Municipal Accommodation Tax (MAT) on a quarterly basis — all measures meant to ensure that people aren't buying up properties for the sole purpose of renting them out temporarily, and only listing their primary residences, as per existing guidelines.
"This is good news for Toronto residents and a step in the right direction when it comes to regulating short-term rentals and maintaining the peace and quiet of our neighbourhoods," Mayor John Tory said about the move last week.
"This system will provide crucial oversight of operators and ensure that they are held accountable."
The CityPlace drop is likely a result of many of the buildings placing official bans on Airbnb since the start of the pandemic. There were a few buildings that supported Airbnb rentals which no longer do so.— Chris (@my_idea1) August 31, 2020
With most people still extremely wary of hopping on a plane for a trip, the persistence of health and safety measures in public places and international travel still at an acute low, the future of Airbnb rentals is uncertain at best — certainly good news for tenants, but perhaps not for the city's travel and tourism industry.
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NEW YORK — Recently released retail forecasts are predicting improved holiday sales over last year.
The Consumer Electronics Association (CEA) reports total retail sales for the November through December holiday sales period are expected to increase by 4 percent over last year, reaching $738 billion in total revenue.
According to CEA’s “2013 Holiday Retail Sales Forecast” report, strong online channel sales will drive overall holiday retail sales growth this season. Online sales are expected to hit a new sales record, growing 18.7 percent to reach $57 billion. Mobile purchases, expected to surpass $8 billion for the first time, will grow by 35 percent and account for nearly 15 percent of all online holiday purchases.
CEA expects overall retail sales during the 2013 holiday season to be roughly on par with 2012 holiday sales. Last year, consumers spent $709 billion at retail during the holiday season, according to CEA. CEA forecasts subpar growth of just 2.7 percent for general merchandise, apparel and accessories, furniture and other sales during the 2013 holiday season.
“Overall retail holiday sales growth looks healthy for 2013,” said DuBravac. “However, significant economic risks remain unresolved, and these could still negatively impact how much consumers decide to spend this holiday season.”
The National Retail Federation (NRF) agrres with CEA, projecting retail sales in November and December to increase 3.9 percent, but putting total sales at $602.1 billion.
The NRF said the 3.9 percent gain will exceed last year’s 3.5 percent increase and the 10-year holiday sales growth average of 3.3 percent.
Fueling sales growth next month and in December is a projected 13 percent to 15 percent increase in online sales, to as much as $82 billion, according to NRF’s e-commerce wing, Shop.org.
Holiday sales are seen rising 3.4 percent year over year by the International Council of Shopping Centers (ICSC), a trade group that said its November to December forecast is up slightly from the 2012 holiday season, even though retailers are anticipating more modest sales.
But despite retailer’s mixed outlook, and the economy’s “mini-cycle slowdown” over the last three quarters, this year’s holiday sales environment is looking up, ICSC said.
“We’re going to see a more subdued spending mood from consumers, but what counts is that we’re on track to have a better holiday sales season that last year,” said Michael Niemira, the group’s research VP and chief economist.
Along with reduced price discounting, ICSC is projecting a 13 percent increase in online and other direct sales this holiday season.
Additionally, holiday hiring, which is highly correlated with holiday spending and can also forecast a stronger sales performance, is set to grow 0.5 percent from last year, ICSC said.
Earlier this month, ShopperTrak projected a 2 percent increase in holiday sales for November and December, while Deloitte forecasted a gain of as much as 4.5 percent for the November to January period.
The Deloitte forecast sees holiday sales reaching upward of $967 billion.
The projected gains will be spurred by rising home prices and steady job creation, and are on par with last year’s 4.5 percent increase, the consultancy said.
In other news, Walmart said it will hire 55,000 seasonal store employees for the holidays, up 10 percent from last year, while Target plans to bring in 70,000 temporary workers, or 20 percent fewer than last year.


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We just may be on the cusp of witnessing the end of an era. The Nintendo Switch has arrived in grand fashion, and the PS Vita is barely clinging on to life. The 3DS has seen some releases this year, but this may well be the last time this category has much weight. At the same time, some cool stuff has cropped up on mobile platforms this year as well. So let's do this thing right. Here are the ten best games to grace mobile hardware in 2018, which includes the Nintendo 3DS, the PlayStation Vita, and mobile platforms.
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