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ADNOC Distribution’s pitch to investors was based partly around efficiency – it is cutting the cost of building new stations by 40 percent, for instance – but was more crucially pitched on growth. The company planned to increase its market share through entry into the Dubai and Saudi markets, introduce charging for customers who want to continue using attendants to fill their cars and overhaul its non-fuel retail to increase customer spend.
“The easier thing to do is to be efficient, the harder thing to do is to grow,” Carey told Zawya in an interview at the company’s headquarters on Tuesday. He joined the firm just ahead of last year’s IPO, after a long career at Castrol and BP, where he had run BP’s LNG arm and a downstream business on the West Coast of the United States overseeing more than 8,000 sites.
Thus far, ADNOC Distribution’s numbers look good, with the company on track to meet its 2018 full-year targets. Results for the nine months to September 30 show a 19 percent increase in revenues to 16.9 billion UAE dirhams ($4.6 billion) and a 28 percent increase in net profit to 1.68 billion dirhams.
The figures have been helped somewhat by an uplift in oil prices – the price of a barrel of Brent crude has increased by 15.4 percent since the start of the year to $72.21. But although the number of fuel transactions at its stations rose by 2.2 percent in the third quarter, the increasing cost of fuel has meant the volume of fuel sold actually declined over the nine month period by 2.3 percent, to 7.18 million litres.
The company has also largely completed the rollout of its Flex Fuel programme, where it has introduced self-service alongside a premium service with a 10 dirham charge for customers who wish to continue having cars filled by attendants.
Although self-service had previously been tried - and failed – in the UAE, Carey believes that ADNOC Distribution’s approach is different.
Buy or DIY
“When it was trialled previously, it was trialled as only self-service. So you didn't give people the choice. Whereas we were really clear, you do have a choice.”
He also said that one thing that hasn’t been clear to customers yet is that customers who use it receive reward vouchers for products worth at least an equivalent amount – a current promotion offers free bottled water packs worth more than 12 dirhams, for instance.
Within the IPO prospectus, the company gave guidance to investors that it would charge between 5-10 dirhams for the premium service, and predicted take-up among customers of 40-50 percent.
When Flex Fuel was introduced in June, the charge was at the top end of guidance at 10 dirhams, but the take-up among customers so far has been below initial projections, at around 20 percent.
Carey said that he felt the launch of Flex had “gone OK”. Although he is happy with the company’s delivery of the product, he believes its purpose or benefits haven’t been communicated well enough.
“We haven't got our message as clearly across that actually, we're trying to hold costs down,” he said.
He said maintaining the status quo was less efficient than offering self-service and ultimately leads to higher costs for customers.
“It's done everywhere else in the world, there's no reason why this region shouldn't look at self-service and become more efficient. Because what we don't want to do is pass our inefficiencies onto our customers,” Carey said.
He also said that the company had introduced a cheaper (91 octane) grade of petrol for more price-sensitive customers, with a view to “widen the choice we’re giving”.
“If you think, 'I might as well go to a competitor because they're cheaper’, that's just patently not true. We are cheaper with 91,” he said.
A BrandIndex score developed by YouGov, which measures perceptions of a brand’s overall health, initially dropped for ADNOC Distribution between June and September following the introduction of Flex, but has now recovered amongst Abu Dhabi residents to levels experienced prior to the launch. Across the whole of the UAE, however, the Index is still tracking below its pre-Flex Fuel launch, YouGov explained in an email to Zawya last week.
“We see stark differences in ADNOC Distribution’s overall brand health perceptions in its home city of Abu Dhabi versus the wider UAE, with a marked improvement in the scores for the former,” a YouGov spokesman said.
Another service for which the company hopes to be able to charge a premium is a home fuel delivery scheme which has been undergoing trials all year. Although the trials have gone well, Carey said that the company needs to ensure safety protocols and procedures are robust enough before rolling it out.
Its expansion into Dubai has been much more straightforward, with the company announcing the opening of its first fuel station in the emirate at Dubai Investments Park on Monday. A further two are set to follow by the end of the month at Al Qusais and on the Dubai-Al Ain Highway, Carey said.
ADNOC Distribution has said it will target three to five new station openings in Dubai per year in the future as part of an overall expansion that will see around 10 new stations across the country each year.
By the end of September, ADNOC Distribution had opened five new stations in 2018, bringing the total to 364, with eight more planned by the end of the year. Earlier this month, the company opened its first two Saudi stores – both of which are operated through a franchise agreement.
Carey said the franchise model offers the company “a learning curve” with a local partner into Saudi Arabia.
“We shouldn't underestimate going into a new market and we want to build that partnership,” he said, but added that it will also consider company-owned and company-operated sites in the kingdom, stating that it was a big enough market to incorporate all models.
The Saudi market remains very fragmented, he said, with the quality of privately-owned sites varying considerably. He believes ADNOC-branded stations with convenience stores will prove popular, and is more concerned with station standards than ownership models.
“As long as the customer doesn't see the difference between a franchise and a company-owned, we're fine.”
In terms of non-fuel retail, the company added six convenience stores to its portfolio by the end of September, bringing the total to 241. It has also increased the average basket size by 22 percent through a mix of better category management, store upgrades and a new partnership with French retailer Geant, with whom it plans to have 13 Geant Express stores open by the end of the year.
“We had a very large product range, of which only the top 10 percent was really selling. So we have rationalised our product range, looked at the top products and given more choice at the top end. We've brought more products into the range, like a new coffee offer, a new bakery and so on.”
Whether this strategy delivers the type of growth required to excite investors remains to be seen.
A note published by analysts from Arqaam Capital on Wednesday suggested it may not. It pointed to the lower fuel volumes experienced so far this year, which it said were the result of muted retail activity in the UAE, an ‘expat exodus’ (Carey argued in an analysts’ call that this could merely be due to a summer lull in Q3 than a permanent population decline) and the dampening effect of higher prices on demand.
It predicted only a marginal growth in volumes of around 3 percent for next year, and said inventory gains made by ADNOC Distribution during the first nine months could be reversed in the final quarter as the oil price has fallen by 30 percent since the end of September. Arqaam Capital maintained its ‘Hold’ rating on the firm’s shares, with a target price of 2.60 dirhams. ADNOC Distribution closed on Wednesday at 2.30 dirhams per share, having declined by 12.5 percent in the year-to-date.
Yet Carey argues that the benefits of the strategy it has been rolling out will filter through to results.
“We've started our own coffee offer, which is a really unique coffee offer, but we've only got it in four of our sites. We've only got 13 Geant sites, so there's a chance for us to grow that significantly,” he said.
He likened the latter to partnerships in the UK, between BP and Marks & Spencer, or Shell and Waitrose.
An attendant offers premium service at ADNOC Diistribution's Yas North station. (ADNOC Distribution/handout via Zawya)
Carey said in the UK such sites are seen as ‘local supermarkets’, as opposed to merely forecourt retail units. So far, he said, the Geant Express sites “have gone very well” where they’ve been introduced, and will be rolled out at Dubai sites.
“Our product range across our whole piece is good. We have tried to be better and more competitive in pricing in some areas (and) I think our rewards programme has brought more people into the stores,” he said.
Overall, he argued that the company’s performance in 2018 has been “strong”.
“We're on track on our business plan for this year,” he said.
Related article: ADNOC Distribution 'ready' to roll out fuel-on-delivery service
(Reporting by Michael Fahy; Editing by Shane McGinley)
Our Standards: The Thomson Reuters Trust Principles
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2018


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- How much money did Amazon lose before turning a profit?
- How many years has Amazon made a profit?
- Is Amazon turning a profit?
- When did Amazon start selling?
- Did Amazon ever lose money?
- How long did Amazon take to break even?
- Is Amazon going broke?
- How did Amazon pay no taxes?
- Why is Amazon profit margin so low?
- Who owns Amazon now?
- What all does Jeff Bezos own?
- How much does Jeff Bezos make a day?
How much money did Amazon lose before turning a profit?
Amazon famously lost money for its first 17 straight quarters as a public company, bleeding a combined $2.8 billion. Once Amazon did start making money, it made very little of it.
How many years has Amazon made a profit?
Is Amazon turning a profit?
Amazon reported record profit in 2018, earning $10.1 billion in net income compared with just $3 billion the prior year. Considering the company hardly recorded any profit until 2016, this sudden cash influx represents a new era for Amazon.
When did Amazon start selling?
Did Amazon ever lose money?
Amazon famously lost money for its first 17 straight quarters as a public company, bleeding a combined $2.8 billion. Once Amazon did start making money, it made very little of it. Amazon would report tens of billions of dollars of sales each quarter but a mere tens or hundreds of millions of dollars of profit.
How long did Amazon take to break even?
10 years, or, more precisely, 9 1/4. They started in July 1994. They reported their first profit in Jan. 2004 for the last quarter of 2003.
Is Amazon going broke?
Bezos dropped the bombshell at a recent all-hands meeting in Seattle when an employee asked about the Amazon’s future. “Amazon is not too big to fail,” Bezos said, in a recording of the meeting obtained by CNBC. “In fact, I predict one day Amazon will fail. Amazon will go bankrupt.
How did Amazon pay no taxes?
Amazon largely pays no corporate tax precisely because it reinvests those profits into its operations. Under a scenario where Amazon had no corporate tax breaks, it would disincentive the company from reinvesting and thus creating greater opportunity for the businesses and cities in which it operates.
Why is Amazon profit margin so low?
Amazon intentionally posts low profits because it takes the vast majority of the money it earns and invests it right back into the company so that it will profit all the more in the future.
Who owns Amazon now?
What all does Jeff Bezos own?
Bezos has made a wide variety of investments through Amazon; Bezos Expeditions, his venture capital firm; Nash Holdings LLC, a private company he owns; the Bezos Family Foundation; and his own personal fortune. The man is so rich, his net worth eclipses the gross domestic product of many countries.
How much does Jeff Bezos make a day?
At the annual earnings rate Business Insider calculated — again, an estimation based on the change in his Forbes net worth year-over-year — Bezos has earned $6.54 billion a month, more than $1.5 billion a week, and more than $215 million a day in the last 12 months.

domain: news


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iOS 13.1 Beta 2 Download and More Out for Developers
Apple has released iOS 13.1 beta 2 for developers and more. Here’s what’s available:
- iOS 13.1 beta 2 (17A5831c)
- iPadOS 13.1 beta 2 (17A5831c)
- tvOS 13 beta 9 (17J5573a)
No word on what’s new yet, but stay tuned as the internet dives into these new betas.
Apple released iOS 13.1 and iPadOS 13.1 back on August 27, while iOS 13 remains on beta 8. It was an odd move for Apple to release iOS 13.1 beta before the final release of iOS 13. But the move appears to let developers test the next release of iOS 13 early, a sign the update may follow the initial release of iOS 13 faster than normal.
Apple’s upcoming special event will take place on September 10, where it is expected to announce new iPhones.


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Nespresso, the worldwide reference for highest-quality portioned premium coffee, announced today the launch of the second phase of its television advertising campaign “The best café. Yours.” The U.S. and Canada campaign further increases brand awareness among coffee lovers amidst the recent growth of the single serve coffee market. Nespresso has enlisted Oscar-winning actress and coffee lover Penelope Cruz to star in the 30-second television spot as she epitomizes the sophistication, elegance and passion of the brand.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59154-nespresso-what-else-penelope-cruz
3844 days ago by
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Following up on its Thursday report that Apple is in talks with some of the “biggest U.S. cable operators” to use the Apple TV set-top box for live television and other content, the newspaper today adds (http://macte.ch/aWavz) that the vision “includes features designed to simplify accessing and viewing programming and erase the distinction between live and on-demand content.”
Quoting unnamed “people briefed on Apple’s plans,” the “Journal” says Apple wants to give viewers the ability to start any show at any time through a digital-video recorder that would store TV shows on the Internet. Viewers even could start a show minutes after it has begun. The article says the revamped Apple TV would also:
° Sport an user interface could resemble the navigation icons on the iPad;
° Offer space on a TV screen for social media features, such as sharing TV shows through services like Twitter;
° Allow users to be able to access content from Apple products like iPhones and iPads.


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Skin cancer can be detected more quickly and accurately by using cognitive computing-based visual analytics, researchers at IBM Research have found, in collaboration with New York's Memorial Sloan Kettering Cancer Center.
With BMW's Remote Valet Parking Assistant may you never have to set foot in a parking garage again: The car should find a place to park on its own. The feature can be controlled from a smartwatch and will be demonstrated at the International CES trad...
An Illinois hospital says someone attempted to blackmail it to stop the release of data about some of its patients.
Women's clothing retailer Bebe Stores has become the latest national retailer to be hit by an attack on its credit card payment system.
A San Francisco startup has solved one of the drawbacks with a lot of car-sharing services -- though you'll have to make do with two wheels instead of four.
In-flight cellular in the U.S. may be closer to reality than some consumers realize, with foreign airlines poised to extend services they already offer elsewhere. But evidence from overseas suggests the odds of being trapped next to a chronic caller ...
Tyler Kresch isn't turning to graduate school to help him change his job from tech sales to running a startup; instead he's taking massive open online courses (MOOCs) to learn the IT skills necessary for that career move.
Politics collided with the world of technology this year as stories about U.S. government spying stirred angst both among the country's citizens and foreign governments, and the flawed HeathCare.gov site got American health-care reform off to a rocky...
Amazon's ambitious plan to use flying drones to deliver packages is far-fetched, but not just because of technology limitations or air traffic regulations. Amazon's fulfillment center network, as it stands now, is too limited to serve even a tiny fra...
More than a month after it went live, a couple of large questions remain about the U.S. Department of Health and Human Services' botched launch of HealthCare.gov.
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Following a recent spate of ram raids in Cambridgeshire, Daniel Zeichner, Member of Parliament for Cambridge, has today called on the Minister for Crime and Policing to make resources available to local police to help tackle this crime.
Mr Zeichner also raised other challenges faced by retail workers in Cambridge, including organised shoplifting and threats of violence. The member for Cambridge praised the work of PC EJ Matthews who has worked tirelessly with Co-Op stores in Cambridge to crack down on abuse faced by shop workers.
Mr Zeichner has previously worked with Co-Op shops and the Cambridge police after he heard horror stories about the level of assaults on Cambridge retail staff.
In December of last year, Mr Zeichner welcomed the Government’s decision to finally listen to calls of Labour MPs and over 100,000 shoppers and make assaulting shop workers an offence.
Daniel Zeichner MP said, “Shopworkers In Cambridge have had a tough time in recent years. They have faced organised shoplifting and threats of violence, and now they are facing organised ram raids. More needs to be done to tackle this crime, and the Government must take immediate action to provide additional resources to Cambridgeshire police”.


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Connected TV device ownership – including smart TVs, web-connected set-top boxes and other TV-connectable devices – is set to double by 2017, reaching 1.8 billion over the next four years, according to new research.
Strategy Analytics’ Global Connected Devices Forecast 2008-2017 predicts that the global number of connected TV Devices will grow from an average of just 0.5 per household in 2013 to 1.0 per household by 2017.
This will mark a five-year compound average growth rate of 20% from 2012 to 2017 for these devices, buoyed by the rise of over-the-top (OTT) services like Netflix, said the research firm.
“Consumers are increasingly drawn to OTT services in the home and on the go, so it’s not surprising to see shipments of connected devices rising year after year. Furthermore, vendors are looking to build in IP connectivity into devices that have traditionally been un-connected to garner higher retail sales prices but also take advantage of the expanded availability of and interest in OTT content. Accordingly, we see market retail value growth of connected CE devices doubling the pace of growth in the overall CE device market,” said
Strategy Analytics’ connected home devices service director, David Watkins.
Strategy Analytics analyst Eric Smith said that the firm predicts “sustained growth” in connected TVs, set-top boxes, DVRs, Blu-ray players and digital media adapters such as Apple TV, Google Chromecast and, in the UK, Sky Now TV boxes.
“Although AV devices have become increasingly overlooked by consumers in favour of infotainment devices such as smartphones and tablets, the integration of IP connectivity is breathing new life into the sector and creating new opportunities for vendors” said Smith.
He added that while games console ownership is expected to shrink from current highs “these powerful devices will continue to act as important multimedia hubs in the living room.”
Strategy Analytics predicts that globally, the average home will own 2.6 portable connected devices by 2017, up from 1.7 in 2013.
The pros and cons of FAST digitaltveurope.com/comment/the-pr…
20 June 2021 @ 13:38:00 UTC


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Data privacy will be among the items topping the agenda at an upcoming Caribbean Internet Governance Forum to be held by the Caribbean Telecommunications Union (CTU) in Suriname this month.
The meeting is part of an effort by several Caribbean countries to establish and strengthen policies to ensure that Internet users’ personal information is collected, shared and used in appropriate ways.
It will take place from May 21 to 23, days before the General Data Protection Regulation (GDPR) comes into force in the European Union on May 25. The GDPR is a regulation on data protection and privacy for all individuals within the European Union. But Caribbean stakeholders are already preparing for the fallout across the region’s geopolitical space.
“Although the GDPR comes into effect in Europe, its effect will be felt in the Caribbean, because the region includes Dutch, French and British territories, all of which fall under the EU jurisdiction, and will therefore have to comply with the GDPR from as early as May 25, 2018,” said Nigel Cassimire, Telecommunications Specialist at the CTU.
Because the GDPR has significant penalties for companies found in violation of its data privacy regulations, the law could adversely affect Caribbean companies doing business with European companies.
“The onus is on European companies doing business with anyone in our region to ensure that whoever they do business with have measures in place that will enable them to remain compliant with the GDPR. For the Caribbean, it is urgent for us to understand what requirements will be placed on us,” Cassimire said.
The forum will be held in Suriname, a former colony of the Kingdom of the Netherlands which became an independent nation in 1975.
The agenda will include a range of issues, including service resiliency and network neutrality.
The Caribbean Internet Governance Forum is a multi-stakeholder meeting initiated by the CTU and the Caribbean Community (CARICOM) Secretariat to coordinate a regional approach to Internet Governance. Since its inception in 2005, the forum has met annually and has focused on the formulation of a regional framework for Caribbean Internet governance policy, the proliferation of Internet exchange points, and the growth of Caribbean influence in the global Internet governance arena.
The forum is part of a series of ongoing policy development discussions across the region. Policymakers met in Miami on April 19 to discuss Internet governance issues at a special Caribbean Forum hosted by the CTU and the American Registry for Internet Numbers.CAPTION: Nigel Cassimire, Telecommunications Specialist, Caribbean Telecommunications UnionThis story was originally published on Gerard Best’s blog, SightLine.


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Chorley Bridgfords are proud to announce that they are taking part in the forthcoming NOW! open house weekend being held on December 7 and 8.
This national marketing event follows the success of a similar campaign in September when Bridgfords sold a fantastic 48 per cent of participating properties in Chorley.
At a time when the market starts to slow down, the event is seen as the last chance to sell before Christmas.
With the start of the New Year bringing the traditional surge of new properties coming to market, the campaign is designed to focus attention on properties now and so avoiding them becoming lost in the January crowd.
In addition to our standard marketing package, participating properties will also benefit from:
National and local newspaper features
Specific publicity on major property websites
Priority telephone call-outs to registered buyers
Emailings to buyers across the North of England
In branch windows displays and catalogues
Social media promotion on Tacebook and Twitter
All Bridgfords properties feature a colour floor plan and further enhanced marketing packages are available which include premium internet listings, professional photography and media tours.
Whether you’re buying or selling in Chorley, Bridgfords offer a complete, under-one-roof service and can assist with lettings, mortgages, surveys, auctions and conveyancing. Warren Barlow, senior branch manager, said: “As the housing market appears to be growing in confidence and the new Help to Buy scheme starting to take effect, the NOW! open house weekend is sure to be a great success for both buyers and sellers alike.”
If you’re either thinking of selling in the New Year, or if you’re currently struggling to sell through another agent, please call Bridgfords today on 01257 498779 to find out more about how the NOW! open house weekend can help you.


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Microsoft general counsel Brad Smith says the government must end "the unfettered collection of bulk data", adding that law enforcement faces a "bleak future" if reforms are not enacted soon.
A week of Windows devices, OnePlus pre-orders and Xbox changes
Editorial: With Gadgets long dead, give us pinned Live Tiles in Windows 10
Nokia Lumia is no more. Long live Microsoft Lumia! (It's official now.)
Surface set to be Microsoft's next billion-dollar business
Windows 10 logo
As part of an initiative by the American Department of Homeland Security’s ICE project, multiple web domains were taken down this week that are accused of hosting child pornography and counterfeit goods or linking to...
Jason Chen, Editor of Gizmodo.com, came home Friday night to a surprise visit from California's Rapid Enforcement Allied Computer Team, according to Gizmodo. Following the issuing of a warrant from the Judge of the Superior...
A nationally known computer hacker is being sought on a federal arrest warrant stemming from a sealed complaint in New York, a federal defender in California said Friday. Adrian Lamo, 22, has publicly...


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GUWAHATI, Feb 26: Bangalore-based Elecnovo, a startup founded by one Ratul Chandra Borah, has been granted a patent by the Patent Office, Government of India on a learning-based motor control system for electric vehicle and a method to operate the same recently.
The patented technology is related to optimising the performance parameters of electric vehicles to achieve increased performance, accuracy, efficiency, reliability and safety.
Elecnovo was founded in 2018 and its team includes electronics engineers, electrical engineers, mechanical engineers, manufacturing and business professionals.
“The technology has an electronic system comprising microcontroller, driver model, sensor circuit, motor and performance parameter optimisation subsystem. The electronic system collects, computes and generates data associated with each performance parameter of an electric vehicle,” Borah said. “In addition to the granted patented technology, Elecnovo had also developed technologies and filed patents on the motor control system for electric vehicles and sensor-less technology to operate Brushless DC (BLDC) motors,” Borah said.
Borah had done his bachelor of engineering in mechanical engineering from Assam Engineering College. He had also done a master of engineering in industrial engineering from the Asian Institute of Technology. He had worked in Hong Kong for about 15 years before starting his entrepreneurship journey in Bangalore.
Elecnovo is engaged in the design, development, manufacturing and supply of motors and controllers for Electric Vehicles. Elecnovo provides motor and controller solutions to electric light-duty vehicles like electric rickshaw, electric bicycles, electric scooters, electric motorcycles, electric light-duty passenger and goods vehicles.
It has a wide range of customers in electric two-wheelers, electric three-wheelers and electric goods vehicles.


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A group of modders is now working with 343 Industries to restore content cut from the original release of Halo Combat Evolved.
343 Works with Digsite to Restore Halo 1
Mod team Digsite has recently revealed that it has been working with 343 over the past year to restore Halo 1. “Of particular interest to us were design/production docs, Bungie feedback notes, tags, compiled maps, and source data for previously unseen multiplayer maps,” stated the team.
The highlights of the restored content included multiplayer maps that were originally developed for the PC port of Halo Combat Evolved, which was worked on by Gearbox Software and released way back in 2003.
“Gearbox had made a bunch of brand-new textures that were not being used whatsoever,” said Digsite team member Ludus. “I felt it would be a shame if these textures never got used, so I decided to remix Indoor into a brand-new map that could better utilize these newfound bitmaps.”
“It took some work to get running in MCC. We’ve set it up as a sandbox to play in, explore, and repurpose for your own mods,” said Digsite.
Other Resources Also Restored
According to Digsite, it is not only this content that is being restored by them. The team is also recovering the earliest conception of Halo as an RTS, including vehicles, and enemy types.
343 says there is more content to be shown off and that the Digsite team will continue to work through the archives of the franchise.


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Huawei launched the Huawei Mate 40 series last year in October consisting of four devices: Huawei Mate 40, Mate 40 Pro, Mate 40 Pro+ and Mate 40 RS Edition. Earlier this year, the company announced Huawei Mate 40E with Kirin 990E SoC and a 90Hz curved screen display. Now, it looks like the company is gearing up to add yet another device in the series which is reportedly called the Huawei Mate 40E Pro.
The alleged Huawei Mate 40E Pro device has been spotted on the 3C certification site revealing the charging speed of the device. Also, another report from Gizmochina states that the Mate 40E Pro will likely launch with Kirin 990 5G SoC instead of Huawei’s Kirin 9000 chipset.
Huawei Mate 40E Pro 3C Certification
Huawei smartphone with NOH-AN50 model number has passed through 3C Certification. The model number belongs to Huawei’s Mater 40 series and it is assumed this is the upcoming Huawei Mate 40E Pro. The listing also confirms 5G network support. As for the charging speed, the Mate 40E Pro will sport 66W SuperCharge fast charging technology, just like the Huawei Mate 40 Pro and Mate 40 Pro+.
Furthermore, a report from Gizmochina suggests the Huawei Mate 40E Pro will be powered by Kirin 990 5G chipset. Previously, the company had unveiled Mate 40E 4G and Mate 40E 5G devices with Kirin 990 and Kirin 990E SoCs respectively. Now, the company is prepping to launch a Pro variant in the series with a 5G chipset. While it seems odd to launch a phone with yesteryear’s processor, the report suggests this could be because of the chipset shortage. Huawei might have less stock of the Kirin 9000 series flagship chips or even possibly run out of stock. As per the previous estimates, the company had 10 million units of Kirin 9000 chips before the US cut off the company’s main processor maker TSMC.


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Co-founder and ex-head of Ripple California startup Chris Larsen was ranked 383rd in the list of 400 richest people on the planet according to Forbes, that estimated his fortune at $ 2.1 billion.
For the first time Larsen was included in this list, and also became the first representative of the cryptocurrency industry among the giants of world business.
Amazon CEO Jeff Bezos, with an aggregate capital of $ 160 billion, took the first place on the list, Microsoft founder Bill Gates got the second – $ 97 billion, and the top three were traditionally closed by legendary investor Warren Buffet, who is known for his criticism of cryptocurrency. Forbes estimated the fortune of Berkshire Hathaway at $ 88.3 billion
At the peak of the price rise of the XRP token, Larsen’s capital was estimated to be in the range of $ 37 billion, up to $ 55 billion. He allegedly owns 5.19 billion XRP and a 17% stake in Ripple.
In February, he also topped the list of the richest representatives of the industry according to Forbes. Then the publication attributed him a fortune of $ 7- $ 8 billion.


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Discover more from The 21 Hats Morning Report
A Shortage of Investment Bankers?
Even with an average salary of $400,000, the big banks are struggling to fill slots.
Good morning! The Morning Report will return on Monday. Here’s hoping that all those celebrating have a wonderful holiday weekend.
Here are today’s highlights:
Amazon is hitting its merchants with a fuel-and-inflation surcharge.
The producer price index is up 11.2 percent.
Holiday travel is back but with lots of bottlenecks.
Even investment banks are experiencing a labor shortage: “This is a sector more used to causing shortages than suffering from them, sucking in would-be math teachers and disaffected doctors. Nor has its promise of riches dimmed: average pay at Goldman last year was $400,000. Why the struggle to hire?”
“One popular line of argument holds that banking is the victim of a generational shift. Everyone from hiring managers to university careers services reports that young workers care less about salary and more about work-life balance.”
“The industry’s staffing model, meanwhile, is ill-suited to spikes in demand. ‘If the large banks aren’t able to pay their best people well, they lose them all,’ explains one headhunter. The only way to do that and remain profitable is to be ruthless about headcount, running teams with ‘very little fat’ in normal times.”
“At the same time, the list of other firms offering bankers eye-watering salaries has lengthened.” READ MORE
Some businesses are trying to lure employees back to the office with alcohol: “Sure, executives could simply order people to return to their cubicles, and some have, but many want their workers to come back and like it. That means giving people what they want, or at least what bosses think they want. People like to wear comfy hoodies, right? OK! They miss their dogs when they go to work, don’t they? The canines can come! They love an afternoon cocktail, yes? Check out our new office bar!”
“Sam Welch, a freelance writer in Los Angeles, recently visited the new office of a prospective client and was struck by the wide selection of libations available at all times. ‘I immediately understood the vibe,’ says Ms. Welch, 25. ‘It was very Mad Men.’”
“The question is whether it will work at a time when many people view flexibility as the ultimate amenity and care more about compensation than connecting with their co-workers.” READ MORE
Amazon is hitting its third-party sellers with a 5-percent fuel and inflation surcharge: “The surcharge, which is scheduled to kick in April 28, will apply to U.S. sellers who use the Fulfillment by Amazon service that stows, packs, and ships products. ... Amazon merchants were already grappling with cost-related fee hikes that took effect in January and averaged 5.2 percent. ‘Consumers will lose,’ said Dan Brownsher, who runs Channel Key, a Las Vegas ecommerce consulting business with more than 50 clients selling products on Amazon. ‘Amazon already raised fees in January, so sellers will have to raise prices.’”
“Amazon’s relationship with merchants has been fraught in recent years. Sellers have complained to regulators that the company’s power lets it dictate terms.”
“Besides paying Amazon to handle shipping, merchants say they are compelled to buy advertising to make their products stand out on Amazon.com.” READ MORE
The producer price index is up 11.2 percent year over year: “U.S. monthly producer prices increased by the most in more than 12 years in March amid strong demand for goods and services, the latest sign of persistently high inflation that could compel the Federal Reserve to aggressively tighten monetary policy. The report from the Labor Department on Wednesday also showed strong underlying inflation pressures at the factory gate, raising doubts that a decline in the cost of goods, excluding food and energy, in March reported in Tuesday's consumer prices data would be sustainable. Economists expect the U.S. central bank will hike rates by 50 basis points next month, and soon start trimming its asset portfolio.”
“In the 12 months through March, the PPI jumped 11.2 percent, the largest year-on-year increase since the current series was introduced in November 2010, after advancing 10.3 percent in February.” READ MORE
Retail sales rose 0.5 percent in March as consumers kept spending: “Juan’s Flying Burrito, a New Orleans-based restaurant group with five locations, has seen a 60 percent increase in sales over last year and is nearing pre-pandemic levels of business, one of its owners said. The return of tourists for Mardi Gras and New Orleans’ role as host for this month’s college basketball Final Four tournament have juiced sales. They are expecting another bump when the city hosts two big music festivals this spring, including its famous Jazz and Heritage Festival, after the pandemic forced multiple cancellations of the events.”
“Still, shortages and skyrocketing prices for key ingredients mean the restaurant chain still faces challenges. It is paying $100 per case of limes, which is more than five times what they previously cost, Mr. Morris said, and avocado prices are up strongly, too.”
“‘It’s really hard to not have those in a Mexican-concept restaurant,’ he said.” READ MORE
Holiday travel is back but the labor shortage is a concern: “Large crowds are snarling airports across the world as holiday travel returns to levels not seen since before the Covid-19 pandemic. Many travel restrictions imposed over the past two years have now been lifted and people are making up for lost time to visit relatives, travel for work or take a vacation, especially during the Easter holidays. But airlines and airports are struggling to ramp up, as a labor shortage stymies efforts to recruit new workers and Covid infections sideline many existing employees. The airport in Austin, Texas, has been overrun in recent weeks, with long lines for security, and to return rental cars late last month.”
“In the U.K., British Airways has made cuts to its flying schedule until May, while London Heathrow Airport says it is scrambling to hire 12,000 workers.”
“And in Sydney, Australia’s biggest city, the airport is expecting Thursday—the day before a four-day Easter weekend—to be the busiest domestic-travel day since March 2020, a huge challenge with 20 percent of its staff missing work every day because of Covid-19.” READ MORE
Airfares jumped nearly 11 percent from February to March: “One reason airlines feel comfortable raising prices so much is because Americans are so eager to travel. Delta Air Lines said that increased travel demand is helping offset a sharp rise in the price of jet fuel. Roughly 70 percent of Americans are comfortable going on vacation, according to a recent survey from Morning Consult. The survey also found 48 percent of Americans describing themselves as comfortable flying.” READ MORE
Okay, so maybe you shouldn’t put everything you’ve got into NFTs:
THE 21 HATS PODCAST
Do You Really Want That Shiny Object? This week, Laura Zander tells Shawn Busse and Jay Goltz about her eight-month roller coaster ride
, pursuing an acquisition. The deal would bring a new brand and profitable revenue at a reasonable price. To Laura, the creative challenge and opportunity are exciting—“really, really exciting”—but the financials are a concern. “Do I do this?” she asks. “Is it worth it?” And then there’s the broker, whose numbers don’t add up and who wants to collect his fee—including his piece of the earnout—immediately. Plus: Shawn explains how the rise of inexpensive design contractors forced his company to become a better business.
You can subscribe to the 21 Hats Podcast wherever you get podcasts.
If you see a story that business owners should know about, hit reply and send me the link. If you got something out of this email, you can click the heart symbol, you can click the comment icon below, and you can share it with a friend. Thanks for reading, everyone. — Loren


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If you’re a Hulu fan, and you like freebies, the online video streaming service is currently offering two free months of Hulu Plus to anyone who signs up using this link. Normally, Hulu only offers one week trials of its premium service, along with the occasional two week trial for students or those who activate Hulu Plus on certain devices. So two months is a big deal.
The timing is also great if you happened to buy a Chromecast after the free Netflix deal expired. Hulu has confirmed that it is working on Chromecast availability for the very near future, so if you’re able to get two months free now, that might lessen the sting of not getting three free months of Netflix because you waited too long to order.
The deal itself is actually to celebrate the release of the superhero-themed animated comedy The Awesomes. And perhaps most importantly, I was able to sign up with my existing standard account, even though I had previously enjoyed a free trial of Hulu Plus several months ago. Your mileage may vary, though, as Hulu might require a certain amount of time to have passed before getting another free trial.
Let us know in the comments if you end up taking advantage of this trial![Hulu]


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Fiber Artists Style Show and Luncheon set for May 13
Fiber fashion on display
Houston participants are contributing to style show
Published 5:30 am, Thursday, May 11, 2006
Artists from the greater Houston area will participate in this weekend's Houston Area Fiber Artists Style Show and Luncheon.
The event, which begins at 10 a.m. Saturday at J.W. Marriott, 5150 Westheimer Road, highlights hand-designed garments with proceeds benefiting Houston Community College art and fashion students and teachers.
A sell out crowd of 450 is expected, said Linda Thompson, past president of Houston Area Fiber Artists, who said the goal is to top last year's $3,000 donation to HCC.
This year's theme is Fabrications: Up Close and Personal.
Artists from the Texas Federation of Fiber Artists from San Antonio, Austin and Dallas also are expected to attend.
Thompson, who lives in Tomball, will display four pieces in the show.
"Our annual style show is more than 30 years old. These garments are all one of a kind that have been done by artists to express themselves," Thompson said.
"This is for people who love fabric, the look, color and texture of fabric. It's like creating from a blank canvas. It's exciting to put yourself into a piece of work."
During lunch, models will be available to audience members for closer inspection of garments.
Dawn Linde, who lives in Hudson Forest in Memorial, has been a HAFA member for over 10 years.
She prepares her silk using various dyeing techniques, then takes her self-designed patterns to a seamstress who creates the final product.
"I tend to make cocktail and holiday/cruise wear," said Linde, who has six creations in the style show.
"By dyeing the fabrics using the shibori method (a form of tie-dye which originated in Japan) or discharging the dye, I can end up with a wide color range," she said.
"Fashion is an art. When you see the right piece on the right person, sometimes a small miracle happens. This show is a wonderful show and tell for the artists."
Joan Hadven, publicity chairwoman, said the style show includes several examples of techniques fiber artists use when creating their items.
"Any creative person will find something that will interest them. You'll see things you're not going to see in any store."


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Earlier this spring, the New York City Economic Development Corporation (EDC) launched the Best for NYC campaign, “designed to inspire and equip New York City businesses to measure and improve practices that help create well-paying jobs and improve the quality of life in all five boroughs, while also strengthening their bottom-line.”
Earlier this week, General Assembly was recognized as “Best for NYC” along with businesses from multiple sectors across the five boroughs. We scored in the top 10 in the Community category for metrics including “charitable giving, diversity and inclusion, worker ownership, and social impact through products and services.”
It was amazing to celebrate a cross section of businesses of all kinds from all five boroughs in one room — from landscaping companies in the Bronx to family-owned restaurants in Brooklyn and fellow startups like Etsy, Kickstarter, and Warby Parker. Hearing how other companies are promoting economic and social value throughout New York City was truly inspiring.
New York is the first city to do a “Best for” challenge — part of a global effort by the nonprofit B Lab to help businesses benchmark their practices and impact on workers, the environment, and local communities. The data is designed to help companies see where they’re already excelling, and also help them develop a roadmap to get even better.
Congrats to the EDC and BLab teams for their leadership in this campaign, and to all who took part in the challenge!


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Changes are on the horizon for the Village of Blakeslee.
Tobyhanna Township officials recently announced that 300 jobs and a 22-acre, full-service medical and retail campus will be calling New Ventures Commercial Park home in the future.
“Northeastern Pennsylvania residents will be able to access quality health care and enjoy a unique retail experience all on one centrally located campus. Tobyhanna Township continues to create a great quality of life that is stimulating job growth through unique positive experiences,” said John J. Jablowski Jr., Tobyhanna Township manager.
Dubbed the Parkside Medical Campus, the newest addition to New Ventures Commercial Park will feature six buildings on four subdivided lots, totaling approximately 140,000 square feet. With both medical and retail aspects included on the campus, officials expect more than 300 jobs to be created as a result of the project.
The project is a result of a partnership between the township, Side Corp. and Langen Development-Economics. According to a press release, the project will be the first fully integrated medical and retail campus in the quad-county corner, bordering Monroe County with Carbon, Lackawanna and Luzerne counties.
“We are pleased to learn of the Parkside Medical Campus that will be located within Side Corporation's New Ventures Commercial Park,” said Chuck Leonard, executive director of Pocono Mountains Economic Development Corp.
The campus entrance, which is located at Parkside Avenue and Commercial Boulevard, will be anchored by a full-service micro hospital that is visible from Interstate 80 and Route 115. The campus will be located next to the existing Pennsylvania State Police barracks and the Best Western on Parkside Avenue.
The Parkside Medical Campus is not the only development that is ongoing at New Ventures Commercial Park. In addition to the new medical and retail campus, officials expect a 1 million-square-foot American Tire Distributors logistic center to be in operation by Halloween of this year.
“This development is a continuation of Side Corporation's commitment to quality development, from which our community has already realized significant benefit, and will attract additional investment and opportunities to the Village of Blakeslee in Tobyhanna Township,” Leonard said.
With the completion of the American Tire Distributors logistic center and a Liberty Travel Center and restaurant, more than $90 million in building and infrastructure investment and 400-plus jobs have been created by the commercial park, according to a press release.


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California home builders on Thursday applauded the decision by the U.S. Commerce Department to cut tariffs on Canadian softwood lumber imports in half.
Noting that California builders use “in excess of $6 billion worth of wood a year” in constructing 200,000 new homes and apartments, Sherman D. Harmer Jr., president of the California Building Industry Association and a San Diego home builder, said Thursday’s action is an important step.
“Because California builders primarily build wood-frame homes, the cost of wood is an important part of the ultimate price of a new home here,” Harmer said. “And thanks in no small part to the U.S. tariffs on Canadian imports, the price that builders pay for wood has risen dramatically in the past few years.
Due to tariffs and strong demand for wood in the U.S. and overseas, the cost of framing lumber averaged about $450 per 1,000 board feet in April – up 40 percent from the beginning of the year and at its highest level since July 1999, according to the builders group.
Harmer and other California home builders met recently with top government officials in Washington, D.C., to strongly urge that the tariffs be reduced or eliminated.
The tariffs have long been a sore spot between the U.S. and Canada. The U.S. has said that Canada allows private companies access to government-owned forests, allowing them to undercut American timber producers. Canada challenged the American action at the World Trade Organization and through panels set up under the North American Free Trade Agreement, and a series of decisions this year went Canada’s way.
In the wake of these rulings, the Commerce Department changed the way it calculates prices and duties, which will result lowering tariffs from 27 percent to 13 percent.
“Given that a NAFTA panel has preliminarily ruled that Canadian imports aren’t damaging American producers at all, home builders will continue to urge the administration to abolish the tariffs altogether,” Harmer said.
The California Building Industry Association is a statewide trade association representing more than 6,000 businesses – home builders, remodelers, subcontractors, architects, engineers, designers, and other industry professionals.
What’s your opinion? Send your Letter to the Editor to email@example.com.


text: Google’s Android slow adoption rate continues, as nothing but this is what to believe through Google’s updated Platform Version webpage for Android. Google now having around total of 25.8 percent of Android users are on Android 4.0 (Ice Cream Sandwich), while only 2.7 percent of Android users are now on version 4.1 Jelly Bean. But, interesting is that about 53.9 percent of users still using Android 2.3 (Gingerbread). Furthermore, third place is still held by Android 2.2 (Froyo), with 12.0 percent share. Possibility is that adoption of new Android versions being slow because the updates are rolling out very slowly, the time it reaches the market only then the real version comes into picture.


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Industrialist Anand Mahindra has tagged Tesla CEO Elon Musk and posted a picture of a bullock cart, showing two men lying on a cart while two bulls pull the vehicle. Anand Mahindra’s tweet has grabbed attention online.
The industrialist tweeted an image of two bullocks pulling a cart without any help from any other driving force. The image showed that people aboard the cart were peacefully sleeping through the journey.
Anand Mahindra has sought the reaction of Tesla CEO Elon Musk on his tweet which reads: “Original Tesla vehicle. No Google map required, No fuel to buy, No pollution, FSD mode (Fully Self Driven), Set Home Work place Relax, Take a nap, Reach your destination.”
“Back to the future… @elonmusk”, he wrote.
The tweet has unravelled a range of emotions among Twitterati. Some users were left nostalgic and agreed with Mahindra’s idea.
“Stop imposing cruelty to animals. They are not your personal property to treat them and misuse them the way you want. Their are many other modes of traveling. If you are concerned… Start using cycles… No electricity… No petrol diesel… Blablabla,” commented a user.
“This brought back memories of my husband and his bandmates in Delhi, when as impoverished musicians in the 70s, could not afford the cab fare home, and with no public transport, would get on to one of these, fall asleep at the back and get home by dawn!!” wrote another user.
Meanwhile, billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said.
The outspoken Tesla CEO, the world's wealthiest person, has said he wants to buy Twitter because he thinks it's not living up to its potential as a platform for "free speech." He says it needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the "societal imperative" of free speech.


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Over the last few years, more and more people are becoming more health concerned and trying to find the latest food trend or eating habit that can support them with maintaining a healthy and balanced nutrition and body. On the other side, social media play a vital role in motivating some of the biggest food trends based on food presentation and appearance. Charcoal ice cream, rose and lavender lattes and poke are just some of the foods that gained a lot of attention in Instagram during 2017, because they tend to “look good” on a phone screen, with more and more chefs currently focusing on the food styling of a dish in addition to utilising good quality ingredients and innovative recipes (a trend known as Instagrammable eats).
So, which trends have slowly picked up from 2017 and are predicted to be dominating the food spectrum during 2018?
1. Veganism and plant-centric eating Moving away from classic meat-based products and reaching for more vegetarian-driven products continue to become more popular, even for people who don’t really avoid meat in their overall nutrition. It is estimated that veganism in. creased by 6% in 2017 , leading to an increased flow of new meat-free and dairy-free products and technologies in the market like: milk and dairy alternatives (coconut milk and yogurt, almond milk, hemp milk or even quinoa milk) meat- free products substitutes like tofu (made from soybeans), quorn (main ingredient is a mycoprotein- protein derived from fungi) or seitan (processed wheat gluten). 2. Protein packed grains and seeds 2013 was officially named as the international year of quinoa, however finding grains that are rich in protein is still classified amongst the biggest current trends. Grains like spelt, amaranth and kamut, as well as hemp, chia and flax seeds seem to gain more popularity and are expected to be used as add-ons in everyday products like oatmeal and yogurt.
3. Avocado A study conducted in dieticians in the US indicated that avocado is claimed to be at No 2 for the 2018 food trends. Most of us already include avocado in our breakfasts or salads already, but we shall expect to see the opening of restaurants focusing on classic avocado recipes including interesting twist like avocado ice cream.
4. Fermented products A significant part of scientific data is promoting the benefits of maintaining a healthy gut and the importance of including foods that contain live bacteria (previously known as probiotics) in our nutrition to achieve a good balance of our gut bacteria population (known as gut microflora). Products like greek yogurt, kefir, miso, kimchi or kombucha have been in the spotlight for the live bacteria cultures they contain and are expected to become more popular during 2018 too.
5. Stem to root and nose to tail Those two food trends focus on minimising food wastage by using every possible part of an animal (hence the nose-to-tail title) or the entire produce of the vegetable equivalent (including the stems and the leaves). As a result, new meat cut techniques are slowly being introduced, whereas new recipes are expected to gain traction. Combined with an increased awareness of recycling and an attempt to minimise food packaging is expected to reduce the food wasting dramatically in the next few years.
6. Middle Eastern spices and herbs Spices and foods found in Middle Eastern cuisines like turmeric, cardamom, za’atar, parsley and tahini are getting into the spotlight of the current scientific research, as not only they tend to flavour up a dish, but also seem to contain nutrients that can support a healthy body and wellbeing.
7. Popped or puffed snacks Moving away from the ordinary potato chips, which have been accused of carrying a great amount of unhealthy fats, convenient foods trend towards popping or puffing cereal grains (the classic popcorn evolves to popped or puffed rice, popped quinoa or sorghum, whereas the classic chips give their place to lentil or hummus chips) .


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Charles Peng, Honor India President told ET that the company will price its products competitively for the Indian market, and will also launch a slew of smart devices like speakers.
Ericsson's European rival Nokia has already been making 5G radios from its Chennai factory.
"Our discussions are happening with telcos for rural expansion, which is in line with DoT's plan to connect over 40,000 villages by 2022," Sanjay Malik, Head of Nokia India said.
Our India strategy is to ensure technology access to local handset brands: Corning Gorilla Glass’s John Bayne
"India, however, will be the fastest-growing market with 10% growth y-o-y. It is an incredibly important market."
Companies like Xiaomi, Realme India plans to drive revenue and profitability in-country via cables, earphones, power banks, among other things.
Korean handset maker Samsung has launched the world’s first foldable smartphone, Galaxy Fold in India at Rs 1,64,999.
"Getting this logistics programme to run from end to end is really a mammoth challenge," says Chief Technology Officer Vishant Vora.
OnePlus is also planning a deeper play into India by taking a leaf out of Apple’s playbook.
India Insights Asia-Pac CTO urges India to expedite commercial trials to help build user cases.
Under its cybersecurity business, IBM is focusing on services such as threat management and fraud management, IoT security monitoring, managed security services, and secure authentication and trusted digital identity.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon


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As per the latest release from the Brazilian Pepper Trade Board, the Pepper market activity in Brazil is starting slowly this beginning of the year. With many players still in holidays, the main sales has been directed to local market.
The trend may change from Monday 17th January 2011 onwards, when most of the industry is supposed to resume activities. Therefore prices did not move all the last week until Friday when a slightly bearish sentiment droped the price some U$D 100 per ton. Friday prices were asked at U$D 4,900 for ASTA, 4,800 for B1 and 4,700 for B2 FOB basis. Farmgate prices however stood at around U$D 4,400.
Rumors of some delays in shipments and/or possible defaults and short covered export contracts mantain the growers tough. The apearance is of some scarcity of raw material.
On the other side, the December crop in Espirito Santo which was expected to be above 5,000 tons, now is said to be of no more than 3,000 tons. All this information keep the trade tyied.
However on the other side of the world, Vietnam was downing the prices constantly all the week, finishing on Friday at U$D 4,750 and 4,500 for 550 faq and 500 faq respectively, for old crop material. According an Eurpoean report Vietnamian prices offered for March/April shipments of the new crop were even lower at U$D 4,450 for 550 faq and 4200 for 500 faq, a drop of almost 5%.Vietnam should trade more consistenly after the Thet holidays, however a bearish trend was signaled at least according this Dutch report.


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TMZ.com, AOL's new online magazine, is packed with videos and photos--and promises inside scoops and gossip about Hollywood's hottest stars.
Caption by: Bill Detwiler
TMZ.com, AOL's new online magazine promises inside scoops on Hollywood's hottest stars.
Powered by Livefyre
Back to school tech, apps for teachers
23 super weird job titles you might find in your new office
Back to school 2015: Student tech deals and discounts
Tech Zoo: If IT vendors were animals


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A number of other research analysts also recently weighed in on SAP. Jefferies Group set a €63.50 ($70.56) target price on shares of SAP SE and gave the company a sell rating in a research report on Monday, June 13th. Morgan Stanley set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Tuesday, June 14th. Berenberg Bank set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Tuesday, June 14th. Sanford C. Bernstein set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Thursday, June 16th. Finally, Commerzbank AG set a €90.00 ($100.00) price target on shares of SAP SE and gave the company a buy rating in a research note on Friday, June 17th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €83.34 ($92.60).
Shares of SAP SE (ETR:SAP) opened at 80.079 on Tuesday. The firm’s 50 day moving average is €79.70 and its 200-day moving average is €73.53. SAP SE has a 52 week low of €63.00 and a 52 week high of €82.57. The firm has a market cap of €95.95 billion and a price-to-earnings ratio of 26.899.
SAP SE Company Profile
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with MarketBeat.com's FREE daily email newsletter.


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Skewed and Reviewed have posted the press release confirming the release date and information for Rock Band Beatles.
I can't wait for this game. It's a day one buy for me. I told you about strawberry fields!!
I like that they will model instruments after the Beatle instruments of the era. I believe it was the Richenbacher guitar.
N4G is a community of gamers posting and discussing the latest game news. It’s part of NewsBoiler, a network of social news sites covering today’s pop culture.


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Street Fighter 5 Revealed as a PS4, PC Exclusive
[UPDATE] Capcom confirms the news, reveals gameplay trailer.
E3 2019 Press Conference Schedule Revealed: Nintendo, Microsoft, Ubisoft, Square Enix, And More - GS News Update Avengers: Endgame Passes Avatar in the US Box Office, Still Behind Worldwide - GS Universe News Update Game Of Thrones Series Finale Breakdown And Recap -- "The Iron Throne" Top New Games Out On Switch, PS4, Xbox One, And PC This Week -- May 19-25 2019 Pokémon Go June Community Day Announced - GS News Update How A Plague Tale: Innocence Manipulates Your Decisions Marvel Ultimate Alliance 3: The Black Order - X-Men Gameplay Trailer New Cyberpunk 2077 Gameplay Will Be Shown At E3 2019 - GS News Update A New Handheld Video Game System Called Playdate Has Been Announced - GS News Update Fortnite - Dominating Win In Air Jordan Downtown Drop LTM Halo 5 Big Thursday Battle And More Harry Potter: Wizards Unite - Giant Canine Caught in Taco Frenzy Trailer
[UPDATE 2] Capcom confirmed that Street Fighter V is being produced in partnership with Sony and is exclusive to the PlayStation 4 and PC. It also revealed that it will feature cross-platform multiplayer.
Capcom made the announcement at Sony's PlayStation Experience event in Las Vegas today, where it also revealed the first gameplay footage you can see above. Additionally Capcom said it that the game will be playable for the first time at the Capcom Cup 2014 event in San Francisco on December 13.
[UPDATE] As it turns out, Capcom isn't quite ready to show off Street Fighter V. Just minutes after we published this story, Capcom set the Street Fighter V video to private.
However, YouTube user Carl White was able to capture the video, and you can watch it above.
Expect a full announcement this weekend during PlayStation Experience. In addition, NeoGAF users were able to capture some stills from the original video. You can see those in the gallery below.
The original story is below.
The above teaser trailer was posted to Capcom's YouTube channel this morning. We already know that Street Fighter producer Yoshinori Ono is in Las Vegas for PlayStation Experience, and now it appears we know why.
Got a news tip or want to contact us directly? Email firstname.lastname@example.org


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Musicians Oliver Mtukudzi, Winky D, Andy Muridzo and Sam Dondo will share the stage with South Africa’s Mafikizolo completing the line-up in what promises to be fireworks during this Easter break.
Sponsor Thompson Dondo said they are proud to be associated with SAMA Festival.
“We know that music reaches out to the people faster and easier. This year we are part of the festival that reconnects music fans from Southern Africa with their roots musically and also markets our cultural products to the international community,” said Dondo.
“The line-up of performers is representative of various genres and it will bring together people of various music tastes. It is an opportunity for Impala Car Rental to connect with clients and potential customers as we push the brand beyond the continent. We intend to be the car rental company of choice locally and internationally.”
Buy your tickets here


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Apple has sent an internal memo warning employees against leaking information to the public. The memo, which was ironically leaked, warns that the company ” caught 29 leakers” and that 12 of them ended up arrested.
Apple is notoriously secretive about its work, and traditionally tries to keep a lid on everything that happens. Despite this, there has been an increasing number of leaks about its future projects; reaching the point where specifications for iPhones are well known long before they are announced.
The memo explains that leaked information could “negatively impact sales of the current model; give rival companies more time to begin on a competitive response; and lead to fewer sales of that new product when it arrives.”
Leaking private information owned by a company is a federal offence in the United States; as it falls under the category of theft of trade secrets and network intrusion. Which mostly means that those arrested will likely face heavy fines or jail time in the event that they are found guilty by the court system.
It should be clarified that it wasn’t only Apple’s internal staff that was caught leaking information. Of the 29 individuals caught, some were from partner firms and others were from along the Apple supply chain.
The fact that this information has been itself leaked is rather unfortunate for the company, which is clearly trying to clamp down on this behaviour. However, it provides yet another insight into the workings of one of the most secretive companies in the world.


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Surprise at the fashion show of the Coperni label in Paris: Instead of wearing a designer dress, model Bella Hadid only steps on the catwalk in a thong - and is then dressed with a spray bottle. This is made possible by a special liquid textile that solidifies on the skin.
It's not ready-made fashion: at the Coperni label's fashion show in Paris on Friday evening, there was a lesson in textile innovation. Supermodel Bella Hadid had a dress sprayed on her bare skin live in front of the audience - using a liquid that solidified on the 25-year-old's body within minutes. With just a few movements, the jersey-like fabric was transformed into a tight-fitting, off-the-shoulder dress while still on the catwalk.
Coperni and Torres spent six months working on Hadid's off-the-shoulder dress at London's Bioscience Innovation Center, reports Vogue Business. "It is our duty as designers to try new things and to show a possible future," said Coperni co-founder Sébastien Meyer - although he admits that the concept of the spray dress is not suitable for the masses. "We won't make any money from it, but it's a beautiful moment - an experience that stirs emotions."
According to the Coperni founders, they are fascinated by technology - "and by Apple", as Meyer admitted last year when the spring/summer 2022 collection was presented. At that time, the label caused a sensation because it also brought the daughter of Apple founder Steve Jobs onto the catwalk. Eve Jobs has wanted to make a career as a model for a long time, but her breakthrough has been a long time coming.


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The term “social responsibility” has come of age in the world of fashion. No longer a curse silently uttered in the backrooms of aspiring designers, it has become the new raison d’etre in many design shops and board rooms. Brands such as Edun and American Apparel, and makeup companies like Revlon and Jane Iredale deliver on a promise of being socially aware while also making a profit. This month we look at socially aware brands in fashion. It’s a topic who’s time has come. Who is doing what and how are they doing it? We answer those questions and more.
We also look at the spring collections at fashion week this fall. Papierdoll has had a somewhat controversial past when it came to covering fashion weeks and this year looks to be no different. Our mantra when covering shows is “designers that matter. ” We’re not saying [insert major designer here] doesn’t matter, but if they are featured to death, who is covering the likes of rising stars like Yandkei and Dragana Ognjenovic? We are. And we will continue to do so in New York, Milan, Paris and London.
Enjoy this month’s issue and come back next month for an in-depth look at fashion week and much more.


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Back in January, Sony (NYSE:SNE) CEO Kaz Hirai announced Sony plans to offer a "cloud-based TV service" before the end of 2014. Last week, the company moved one step closer when it agreed with Viacom to carry 22 of its channels. The company is reportedly in talks with other major content owners such as Fox and Disney.
Sony isn't the only company working on Internet-delivered television. Earlier this year, Dish Network (NASDAQ:DISH) agreed to terms with Disney to carry its channels in a potential Internet TV bundle. DirecTV (NYSE:DTV.DL) has been in talks with content companies about live streaming, as well. But Sony has an advantage over traditional pay-TV operators: It's also a consumer electronics company.
Who wants Internet TV anyway?
Internet TV isn't for everyone, but there is certainly a market for it. For some, the biggest problem with traditional pay TV is that you need a television set. And for those living alone, $80 per month might seem steep to entertain one person. I'm describing millennials here, and it's a market that has the cable industry worried.
These cord-cutters and cord-nevers are the target of Internet-TV packages that DirecTV and Dish are working on. In DirecTV's second-quarter conference call, CEO Mike White talked about "personal streaming services," or PSS, which allow subscribers to stream video to one device at a time. Dish is working on a similar service.
The goal is to offer a package at a price below the traditional pay-TV bundle in order to capture the growing millennial market. Dish CEO Charlie Ergen says that market is growing by as many as 4 million people per year.
White says he wants the price to be sub-$30 to compete with other over-the-top services; but content owners are making it difficult to price a service there. The channel bundles that content owners want in these services will not allow companies like Dish or DirecTV to make a profit.
Sony's big advantage in this market
Sony holds a couple of advantages over traditional pay-TV operators in the market for over-the-top television. First, it doesn't already offer a pay-TV service. That means it doesn't have to worry about cannibalizing its existing products with a less expensive one. It's only incremental revenue for Sony.
Second, and more importantly, Sony is a consumer electronics company. In the press release announcing the agreement with Viacom, Sony said it had more than 75 million Internet-connected devices in U.S. homes. That includes televisions, Blu-ray players, PlayStations, and more. This is a captive audience for Sony to market its product to, and persuade them to try it with just a couple of clicks.
More importantly, it means that Sony's margins on an Internet-TV service can be minimal, with improved hardware sales making up the difference. That $30 price point seems more feasible now.
Extending the lead in consoles
Sony probably wouldn't limit itself to only servicing Sony hardware, but it seems unlikely a Sony video service would work on Microsoft's (NASDAQ:MSFT) Xbox. This would give consumers just another reason to choose PlayStation 4 over Xbox One.
It's worth noting that Microsoft recently shut down its Xbox Entertainment Studio. With plans for producing original content for Xbox owners, the business was shuttered in July when Microsoft eliminated 18,000 jobs.
The Xbox was designed to be more than a game console, serving as a complete entertainment device that incorporates live television and Internet video. If Sony releases an over-the-top live television service that integrates well with the PlayStation, it might just eat Microsoft's lunch. While it's at it, it could take the cable operators' lunches, too.
Adam Levy has no position in any stocks mentioned. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Microsoft and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Vodafone is finally taking steps in the non-fungible realm. The German subsidiary of the multinational telecommunication giant Vodafone has teamed up with Cardano to release an NFT collection.
A Vodafone Germany spokesperson noted via the company’s Slack community page that the upcoming project is still in its brainstorming stage as the collection currently has no utility.
“We are still in the process of determining which utility we will attach to our NFTs. In a large corporation like Vodafone, where many different departments are involved in these decisions, things don’t get finalized from one day to another. We want to do this right, for the community as well as for us,” the spokesperson wrote.
While there won’t be an exclusive whitelist for the collection, the company will reward the first 1,000 members on its newly formed Discord server. Note that a week ago, Vodafone Germany published on its official Twitter account a teaser post, urging users to join its Discord server.
Although the upcoming collection will be open solely to the telecom’s German customers, Vodafone Germany seeks to pave the way for global Vodafone users to join the non-fungible movement.
Patrick Tobler, the founder and CEO of the NFT infrastructure firm NMKR, revealed in a tweet that his company will be responsible for streamlining the minting process for the digital collection.
Cardano blockchain for Vodafone collection was also chosen with a purpose. By leveraging Cardano’s technology, Vodafone aims to engage the community, focus on sustainability, and explore cross-chain options. With this partnership, Vodafone Germany also seeks to introduce its 30.81 user base to the non-fungible realm. In the long run, Vodafone’s 353 million global customers may have access to a brand-new digital experience.
Vodafone’s foray into the realm demonstrates its effort to blur the boundaries between the worlds of telecommunications and NFTs as well as shows its commitment to bolstering the Cardano NFT community.


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Amidst all the neon signs, huge billboards, and postcards featuring scantily clad women littering the streets of Vegas, there are actually some things related to CES hanging around if you look hard enough. Once such banner from Sony gives us a little taste of what could only be the Android phone we’ve been calling the Sony Ericsson Xperia X12/Anzu. It looks thin. Real thin. Maybe even thinner than the freshly announced LG Optimus Black. A video preview uncovered by Russian tech site Gagadget suggests the phone measure 8.7 mm at its thinnest point. That is .5 mm thinner than the Optimus Black.
The video promo also reveal what should end up being the final name for the phone when it is inevitably announced later today at Sony’s press event: the Xperia Arc. It should feature a single-core 1GHz Snapdragon chip, a 4.2-inch 854×480 display, and Android 2.3. See for yourself below:


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Gravois Mills Teen Discovers New Way of Eating
Teyonna Ruppert was assisted by a special clinic at University of Missouri Health Care, which helps children and teens confront the health complications associated with being overweight.
What Teyonna Ruppert misses most are pepperoni pizza rolls, white rice and chocolate. Before August 2010, she didn’t hesitate to eat these American staples. But now her meals regularly feature less-satisfying ingredients such as “gravel in a tube.” That’s what Teyonna, 15, calls whole-wheat pasta. “It literally tastes like rocks inside of a noodle,” she says, laughing at the notion that healthy food choices might taste good.
One recent night, she and mother, Karen Ogden of Gravois Mills thought they’d finally found a diet loophole: chocolate swirl ice cream. It was sugar-free, of course, but they had high hopes that the flavor wouldn’t disappoint. After reading the nutritional label, they realized they could have only half a cup. That small portion looked pathetic in their bowls, but the taste was even worse. Teyonna thought about feeding hers to their eight cats — but even the cats are used to tastier daily servings of half-and-half. “They say smokers have a three-day hump,” Teyonna says. “With food, it’s a three-month hump.”


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Black Friday is still pending, but the offers are already in full swing. Correspondingly, many customers are looking for the best deals. Now the Federal Network Agency is warning: If you simply buy the cheapest, you are in danger.
Federal authority warns: Always check shopping deals
The Black Friday deal frenzy has started. If you want to secure a bargain, you should keep an eye on many offers and, if in doubt, you have to be quick in order not to go empty-handed. But it is important not to let the care slip. the Federal Network Agency (BNetzA) warns of inferior products and offers that are just too good to be true.
USB battery chargers – for example power banks – and action cameras are particularly noticeable. In general, there are many electrical products at attractive prices that, on closer inspection, turn out to be of inferior quality. They could “cause radio interference, not the promised quality or the Endangering the health of people, e.g. through electric shocks “. (Those: BNetzA).
In the past few weeks, when the seasonal Christmas business traditionally picks up, LED lighting has also attracted negative attention. These included LED lamps, indoor and outdoor lighting, LED floodlights, but also typical Christmas items such as fairy lights. According to the Federal Network Agency, the Significantly lower prices in online trading are an indication of low quality be.
Im Video you can find our tips for the best Black Friday experience:
Don’t get carried away with the deal madness: This is what the BNetzA recommends
The federal authority recommends the price comparison to insecure consumers. If the cheapest offer is very far removed from the competition, there is usually a reason for it – and it is not infrequently to the disadvantage of the buyer. You should also pay attention to a contact address in Europe for commercial providers as well as the common test seals such as the CE mark.
When in doubt, it may be a better choice to dig a little deeper into your pocket and Choosing items from a well-known brand. The big, globally recognized companies are also part of the Black Friday event. You can also get a good offer here.


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PLEASANTON — One of the biggest names in yoga clothing will open a store at Stoneridge Shopping Center this winter.
Lululemon Athletica will open at the mall in early December, the first location in the Tri-Valley area. The company, from British Columbia, sells athletic clothes for yoga, running, dancing and other sports.
More stores slated to open this year at Stoneridge include Ann Taylor Loft, which opens in July, and Spencer’s Gifts and Kids Foot Locker will open in the fall.
Contact Heather Somerville at 510-208-6413. Follow her at Twitter.com/heathersomervil.


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Tesla Inc. has been a trailblazer for direct-to-consumer sales, but the path for other electric-vehicle startups is still pretty thorny.
Plug-in truck makerRivian Automotive Inc., which aims to begin selling its R1T pickup and R1S SUV late this year without a franchised dealer network, had hoped to build its first store in Colorado, where Tesla has three. But almost a year after raising the idea with state legislators, it’s still lobbying them — with EV enthusiasts and car dealers lining up to testify for and against.
Rivian will instead open its first showrooms in California, which makes it easier for newcomers than most other states that have tough, decades-old franchise laws designed to protect car dealers.
Tesla has spent years lobbying states to loosen or sidestep these laws, which ban car manufacturers from owning or operating their own stores. Tesla, which sells cars at fixed prices online, now has showrooms or galleries –- spaces to display vehicles without technically selling them — in 28 states. It did that largely by finding loopholes and negotiating deals limited to its own business.
The Model 3 makerreached a settlement last month in the home state ofGeneral Motors Co. andFord Motor Co. when a Michigan court effectively allowed Tesla to bypass laws preventing most auto manufacturers from selling directly to consumers.
To pry open the door further, Rivian is waging a state-by-state campaign on behalf of its operations and those of others to come. The effort is led by Jim Chen, a former Tesla lobbyist who’s now vice president of public policy at the Michigan-based startup.
“These laws were never intended to shut out competition between different brands,” Chen said by phone last month. “A manufacturer should freely be able to choose whether it wants to enter the franchise system or sell directly.”
Dealers, of course, feel differently.They say cars aren’t suited for online-only sales and that franchise laws protect consumers. Tim Jackson, president of the Colorado Automobile Dealers Association and a vocal Tesla critic, helped kill Rivian’s proposal last year, which would have allowed any company solely making EVs to sell them in Colorado without dealers.
“We don’t want to further broaden, or further make accessible the factory-to-consumer direct sales model,” Jackson said in an interview last month. “We prefer, of course, the franchise model.”
Jackson was back at the legislature in Denver on Feb. 18 with a posse of dealers to thwart Rivian’s latest proposal, which would expand the carve-out to any car manufacturer with EVs to sell. The bill has survived in the state senate so far, in part with new language that addresses dealers’ fears by reiterating their exclusive rights to sell existing brands in specific geographic areas.
One might thinkColorado, which became the 10th state to adopt California’s electric-vehicle mandate last September, would be relatively friendly territory for Rivian. But even with bipartisan sponsorship and the backing of newly elected Democratic Governor Jared Polis, passage seems far from assured.
With an onslaught of new electric models coming from automakers like Ford andVolkswagen AG, dealers worry that such exceptions could give all manufacturers free rein to compete directly against them.
Traditional carmakers are already beginning to shake up their retail models to sell EVs. Volkswagenannounced Feb. 19 it’s using a new approach in Germany for its ID family of electric cars. Dealers will receive a commission and bonus but will no longer negotiate price or arrange financing or insurance — an important profit source.
Other startups intend to follow Tesla’s lead. California-basedLucid Motors Inc. wants to sell its luxury electric sedan, the Air, through its own network of stores.
Rivian, which raised nearly $3 billion last year from investors includingAmazon.com Inc. and Ford, has also introduced bills in Washington, New York and Pennsylvania. At the same time, it plans to open stores in friendlier states including California, Florida, Massachusetts and Utah, Chen said. The first ones will open around Los Angeles and San Francisco in the next year.
Like Tesla, Rivian will allow people to set up a test drive, configure, order online and take home delivery.
It’s also planning a subscription service that will include finance and insurance, following the lead ofPorsche and Volvo Cars, Chief Executive Officer R.J. Scaringe said in an interview last month. Volvo dealers in California last year petitioned state regulators to investigate the company’sCare by Volvo program, arguing it violates franchise laws.
The plan to service cars is still a bit opaque, leaving Rivian open to criticism that it can’t provide adequate maintenance for its vehicles. But Chen told legislators at the hearing in Denver this month that Rivian plans to establish service centers and mobile service teams — like Tesla does — and that it may rely on its strategic investors for help with infrastructure to distribute auto parts.
The automotive arm of privately heldCox Enterprises Inc., which owns a stable of auto businesses including Kelley Blue Book and Manheim auction services, put $350 million into Rivian in September. That’s raised the hackles of some dealers, who share data and buy ads and used cars from Cox.
“We do business with Cox Automotive,” said Thom Buckley, a Colorado dealer who testified at the hearing. “I’m very concerned about doing business with a vendor who will compete with us.”
— With assistance by Edward Ludlow
Source: Read Full Article


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HARMAN To Provide HALOsonic External Sound Solution for New Hybrid Vehicles
HARMAN, the premium global audio and infotainment group , announced today that a major European-based automaker will be integrating HARMAN’s exclusive HALOsonic™ External Sound Synthesis solution in a line of plug-in hybrid vehicles.
Hybrids and electric vehicles present a safety concern at low speed as they often cannot be heard and recognized. HARMAN’s HALOsonic ESS solution generates a synthesized sound, dependent on speed and direction, and projects it from an exterior mounted speaker, giving an early identifiable warning to pedestrians that the car is approaching. The sound is projected only in the direction of travel, fading away almost instantly once the vehicle has passed. A synthetic engine ‘idle’ sound is also produced when the vehicle is switched on and placed in gear.
“We are very pleased to be pioneering a new form of safety features for automakers through our HALOsonic sound solutions,” said Dinesh C. Paliwal, the Chairman, President, and CEO of HARMAN. “With HALOsonic technology onboard vehicles such as ultra-quiet hybrids, these energy-conscious vehicles are also addressing safety concerns through advanced electronics.”
Several countries such as USA, Japan and parts of Europe have either implemented or are currently reviewing legislation to state that hybrid and electric vehicles must emit a recognizable sound above a minimum noise level to help improve pedestrian safety.
In addition to safety benefits, HARMAN offers a range of audio-based solutions under the HALOsonic banner that also help produce more environmentally-
For further information please contact:
Nicole Mehr, Director Corporate Affairs and Communications Europe, Tel.: +49 7248 71 1272, nicole.mehr@
Darrin Shewchuk, Director, Corporate Communications, Tel: +1 203 328 3834, darrin.shewchuk@


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Rebuilding America: Our series dives into our community's efforts to recover from the COVID-19 pandemic.
Kansans like to get out and go places.
The state travel and tourism industry contributed more than $11 billion in expenditures and 96,000 jobs last year, according to Travel Kansas.
This year, the COVID-19 pandemic is likely to change that, and not for the better.
But Kansas are also resourceful, curious and eager to go places. They may be staying closer to home because of the coronavirus pandemic, but many are not staying home. For those who are staying home, popular destinations are opening their sites to virtual visitors.
"People will travel, not to big cities, and not overseas," said Holly Lofton, director of the Lindsborg Visitors and Convention Bureau. "Where better to do that than Kansas?"
As the state loosens social distancing requirements, more people will be able to visit the stores and museums they have been missing.
In the meantime, they have been getting outside.
The pandemic has brought the outdoor experience to the forefront of people’s minds, said Cliff Peterson, who manages McPherson County State Fishing Lake and Maxwell Wildlife Refuge.
"We’ve been really busy," said Jason Sunderland, park manager at Kanopolis State Park and Mushroom Rock State Park.
The park has been as busy as a holiday weekend, he said.
"Every weekend we’re seeing Memorial Day numbers," Sunderland said.
Last year, Kanopolis saw 9,300 visitors in March and 21,100 in April. This year, Kanopolis visitors numbered 14,700 in March and 34,088 in April, and May has been just as busy, Sunderland said.
The majority of visitors have been from Salina, McPherson and Hutchinson, he said, with some from Wichita and a few just passing through.
These numbers have been helping a lot, he said, after the flooding last May that took out large chunks of trails, particularly in Horse Thief Canyon.
Volunteers worked hard this spring to get those trails open again, Sunderland said, although they still need some work.
All facilities are open, he said, except the swimming beaches.
"Everyone’s been good about social distancing," Sunderland said. "All we ask is they keep social distancing in mind and not congregate."
People have been good about keeping social distance at McPherson County State Fishing Lake, too, said Peterson.
He has had as many as 80 people fishing from the shores of the lake at one time. He’s noticed "quite a few new visitors" at both parks, he said. The lake also offers primitive camping.
"A lot of times it looked like a holiday weekend," Peterson said.
He said Maxwell, too, has had heavy traffic through the refuge as people come to view the bison. The elk are more visible during the winter, keeping cool in the woods during the summer and coming out in the evenings.
The tours have been shut down, Peterson said, but people can still drive through on their own.
Lindsborg has not given up on its Midsummer’s Festival, still planned for June 20, but organizers are doing it differently, Lofton said.
There won’t be a maypole this year, she said, because of the social distancing guidelines, and some of the other activities will be curtailed.
Much of it will be online, she said. Classes in making Swedish egg coffee and Swedish pancakes, as well as Swedish genealogy, will be streamed online.
People should check MidsummerFestival.com and the Lindsborg Midsummer’s Festival Facebook page for the schedule, she said.
As of mid-May, 66 people had said they were going to the event and about 2,500 were interested, according to the festival’s Facebook event page.
Lindsborg, nicknamed "Little Sweden," is heavily dependent on tourism but is learning to adapt to the pandemic.
"It’s caused some of our businesses to look at how they do business differently," she said. Some stores, such as Small World and The Good Merchant, are livestreaming sales on some evenings.
"People are looking to travel close by," Lofton said, "as an individual, as a family, and as a small group."


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Washington Twp, NJ (PRWEB) December 30, 2013
While 2014 promises to not be without its fair share of challenges, small businesses stand to triumph in some serious ways that big brands simply cannot. Graphic D-Signs, Inc., an advertising agency that caters exclusively to small businesses nationwide, believes that a great opportunity in 2014 exists to crush the corporate competition.
This past year saw a much greater spotlight on small, yet powerful brands hitting it big and garnering some serious klout. A greater emphasis was put on understanding the digital landscape and the tremendous rewards it can potentially yield. The coming year is bound to show an even greater effort in online branding, advertising, and social media engagement.
Small businesses must start to think more seriously about a social media strategy. The constantly-evolving channels show no signs of relenting, so businesses would do well to hire an expert or agency that can provide insights or content creation on their behalf.
Next, small businesses need to make sure that every digital manifestation of their brand is in sync and integrated into their overall brand. The vast number of online businesses and services make differentiation one of the hardest and yet most vital components of a successful business. Having a channel that misrepresents your brand will only hurt your customers' expectations.
Lastly, Graphic D-Signs, Incs. recommends a responsive design for your website. With the growing emphasis on e-commerce and mobile content, having a responsive web design that adequately adapts to the display could be the critical difference between a lead becoming a conversion or not.
Graphic D-Signs, Inc. is a New Jersey-based advertising agency that offers full service capabilities, from logo and web design to social media management.


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What are the most stolen cars in the country? The answer might surprise you
Car theft in America is on the decline, according to the most recent reports by the FBI. But even with the drop in stolen vehicles, there were still an estimated 715,373 car thefts in 2011.
With the release of the National Insurance Crime Bureau’s “Hot Wheels” list — which shows the most frequently stolen cars by state as well as the country as a whole — national trends in auto theft can be put into greater focus.
For example, the first 16 slots on the overall most stolen cars list belong to cars made between the years 1990 and 2000.
But why would a car thief choose an older model instead of the newest make?
“Today’s cars have sophisticated ignition systems with key codes that identify the key or fob unique to that vehicle,” a video released by the NICB says. “Hotwiring is virtually impossible, and joyriding is limited to thieves who see a car with a key still in the ignition.”
But as the video also points out, professional car thieves who rely on more complex tactics than just hotwiring can still get newer cars if they try hard enough.
But what about in the state of Utah? Does the same logic apply?
Yes. In fact seven of the 10 most stolen models in the Beehive State were all made in the ’90s. Only two of the cars on the list are less than 20 years old, the third outlier was actually made in the 1970s.
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