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The eleventh anniversary of the $ 500 million Bitcoin pizza
Might 22, 2021 will mark the eleventh anniversary of the primary official Bitcoin transaction: a purchase order of pizza now estimated at over $ 500 million.
Might 22, 2021 will mark the eleventh anniversary of the primary official Bitcoin transaction: a purchase order of pizza now estimated at over $ 500 million. Regardless of the latest rise within the worth of Bitcoin, in addition to a military of superstar backers, the cryptocurrency didn’t begin to perform after this preliminary buy.
Roll the coin
Bitcoin was first invented and carried out by somebody below the pseudonym Satoshi Nakamoto. Give attention to a number of tenants of the Cypherpunk group, the digital asset connected to Blockchain community caught the eye of most people when its first open supply shopper and SourceForge digital pockets was introduced in 2009.
Widespread totally on message boards within the coronary heart of the web’s metaverse, cryptocurrency was extra of a distinct segment development for rising tech stars than a financially supported various to money.
The integrity and reliability of the half have been anticipated very early on. Nakamoto built-in the message “The Instances Jan / 03/2009 Chancellor on the verge of second financial institution bailout” within the Bitcoin genesis block textual content.
The textual content referred to a LA Instances article from 2009 which make clear a number of rising cryptocurrencies with the potential to alter the nation’s monetary system. The small benchmark showcased Bitcoin’s final potential and perceived goal.
The coin’s notoriety, in addition to its worth and potential in the true world, started to take heart stage on Might 22, 2010 when the first official Bitcoin transaction befell on-line.
Two pizzas for 10,000 Bitcoins
Laszlo Hanyecz, one of many early adopters of the foreign money and an ally of nameless founder Satoshi Nakamoto, took to a message board referred to as BitcoinTalk and posted an order request for 2 massive pizzas at its location in Florida.
He provided 10,000 bitcoins for the transaction and a fortunate consumer by the title of Jercos, later recognized as Jeremy Sturdivant, accepted it. Two Papa Johns pizzas have been delivered and the ten,000 Bitcoins have been redeemed.
Again then, Bitcoin was value lower than a dime, about $ 0.003. The preliminary transaction was valued at about $ 41. Right this moment, 11 years later, that very same transaction quantities to over $ 500 million.
Hanyecz, nevertheless, has by no means regretted the acquisition. The deal and second in historical past additionally launched a separate pizza enterprise referred to as Fast Pizza, which permits customers to pay for pizza in Bitcoin.
However now the second has develop into a tent pole in Bitcoin’s historical past. Celebrations are held yearly for pioneers and adopters of the coinage, marking Might 22 as “ Bitcoin Pizza Day ”.
On Might 22, the occasion is widely known by ordering a pizza and reflecting on the sudden and ever-growing worth of Bitcoin, in addition to the cryptocurrency’s winding journey.
Blessing of Elon
Bitcoin not too long ago gained traction within the headlines due to Elon Musk’s Tesla firm.
Tesla introduced in February 2021 its choice to spend and switch over $ 1.5 billion in enterprise property to Bitcoin. However the firm took the thought of foreign money a step additional. Not too long ago, Musk additionally introduced an possibility for patrons to offer Bitcoin as a cost technique for a wide range of their automobiles and merchandise. The corporate additionally modified the title of his CFO place, formally altering it to “Forex grasp. The brand new title hints at the way forward for cryptocurrency in relation to the enterprise.
The latest improve in consciousness of Bitcoin may also be attributed to the rising recognition of NFTs. The digital artwork often known as non-fungible tokens has elevated the worth and popularity of cryptocurrency.
NFTs have exploded inside the leisure economies of artwork, music and design. Additionally traded by way of Blockchain, the identical crypto system as Bitcoin, these NFTs have paved the way in which for brand new buyers to get entangled within the pleasure of cryptocurrency.
Whereas the way forward for Bitcoin is murky, and the pressures proceed to come back from the federal reserve With many fearing robust authorities regulation within the close to future, Bitcoin has already gone by way of some controversial instances. Having been labeled a Ponzi scheme, a joke, a strong funding, and a lottery ticket that continues to present, the way forward for bitcoin is certain to be thrilling however turbulent.
So on Might 22, sit down, order a pizza, and prepare for the wild journey that would be the way forward for Bitcoin. However perhaps pay money for the pizza and maintain these bitcoins, In case.
READ NEXT: The Winklevoss Twins Personal Billions Of Bitcoin (And 15 Others Wealthy In Cryptocurrency)
Sources: Forbes, CoolWallet, CBS Information, Investopedia, InvestorPlace, PortfolioInvestor, Cryptoslate, The road, Enterprise intern, TheMotleyFool, BitcoinWiki, Malta Right this moment, Decrypt, New Yorker, BitcoinTalk, INC, Searcher, Bloomberg, Yahoo finance
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The next wave of the Internet is already underway – here are seven companies poised to power this digital revolution.
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(Bloomberg) -- Huawei Technologies Co.’s revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.China’s largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to September period. Global smartphone shipments jumped 26% in the first three quarters to over 185 million units, helping safeguard its position as the world’s second largest name in mobile devices.China’s largest technology company managed to grow revenue despite curbs on the export of crucial American software and components, which executives had warned for months would severely crimp both its networking and smartphone businesses. Huawei has said it expects U.S. export restrictions to reduce annual revenue at its consumer devices business by about $10 billion, in part because Google can no longer supply Android updates and apps from Gmail to Maps for the Chinese company’s newest handsets.The company’s reported results -- which were unaudited -- suggest that those restrictions have yet to severely impair the business. Huawei, accused by Donald Trump’s administration of aiding Beijing in spying while spearheading China’s tech-superpower ambitions, is trying to claw back business and shore up trust in its products.Billionaire founder Ren Zhengfei has warned his tech empire faces a “live or die moment,” and mobilized thousands of staff to work around the clock devising alternatives to American technology. Some American giants, including Intel Corp. and Micron Technologies Inc., have said they’re found ways to resume supplying Huawei, a major boost for the Chinese company.Huawei Sales Growth Slumps as U.S. Sanctions Start to BiteIts phone shipments in 2019 suggest its lead in the Chinese market, the world’s largest, is offsetting weak sales abroad. Huawei shipped more than 206 million smartphones in 2018, according to research firm IDC. The company is betting on its home turf and upcoming holiday season to drive its smartphone sales for the rest of the year. It aims to take half of the smartphone market in China, Bloomberg News reported earlier.There are signs also that U.S. efforts to block Huawei from the development of 5G technology are flagging: Huawei said Wednesday it has signed more than 60 5G commercial contracts to date worldwide. A senior executive in India for the company said the government there had given “no negative feedback” on Huawei, while in Germany, one of the biggest European markets, the Merkel administration said Huawei’s equipment will not be excluded in future 5G procurement. Huawei’s biggest bet, however, remains in China, where state-owned carriers are ready to build their own 5G networks.It remains unclear whether prolonged sanctions will eventually rob Huawei of growth, something Ren himself has warned may happen. Huawei remains at the heart of U.S. tensions with China, a symbol of the Asian country’s rising technological might.Critics charge that intellectual property theft from the likes of Cisco Systems Inc. and Motorola Solutions Inc. helped Huawei vault into the upper echelons of telecommunications providers, though Ren and his executives credit years of investment and research. The wireless giant is now accelerating spending on artificial intelligence chips and mobile software. It’s mobilizing its employees to source or develop alternatives to American circuitry and software to keep its edge in smartphones and next-generation 5G wireless technology.To contact Bloomberg News staff for this story: Gao Yuan in Beijing at email@example.comTo contact the editors responsible for this story: Peter Elstrom at firstname.lastname@example.org, Colum Murphy, Edwin ChanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Zacks Analyst Blog Highlights: Cisco Systems, SAP, Gilead Sciences, Bank of America and Caterpillar
Cisco Systems (CSCO) is benefiting from its expanding footprint in the rapidly growing security market. Further, partnerships and accretive acquisitions will boost the company's revenue base.
CrowdStrike (CRWD) fell 9.5% today to close at $54.52. Analyst Walter Pritchard initiated coverage on CRWD with a “sell” rating and a target price of $43.
FormFactor (FORM) acquires FRT for approximately EUR 19.7 million in cash, in a bid to expand presence in the testing and measurement space.
Pure Storage (PSTG), Skyworks Solutions, and Qorvo (QRVO) shares rose in early market trading today. So far, Skyworks has returned 4.6%, respectively.
Skyworks' (SWKS) Wi-Fi 6 compliant connectivity solutions gain traction among notable companies offering mesh network and connected home devices.

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Sony will be giving gamers a new option for watching its upcoming E3 press conference: your local movie theater. The company announced on its blog today that a live version of its PlayStation E3 2014 press conference will be shown at movie theaters across the United States, bringing with it some extra content and exclusive footage.
The March 2014 NPD Group numbers are in, and with them Microsoft has earned additional bragging rights for Titanfall, which was the number one bestselling game last month. Beyond that, Xbox One sales since launch have hit more than 5 million, a strong number that still lags behind the PS4's 7 million.
The Ouya Chupacabra update has arrived, and with it comes a variety of new features, including one that has been requested by many: audio passthrough for XBMC, bringing support for AC3, DTS, and AAC. After updating, users will need to download the latest version of XBMC for the new functionality.
Sony has announced that its PlayStation 4 has cumulatively sold in excess of 7 million consoles around the world, having hit the milestone on April 6, a short ten days ago. The company also saw favorable numbers with software sales, and has praised its gamers for "unprecedented support".


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Australian analyst company Telsyte has reported on their most recent survey of the smartphone market in Australia in the first half of 2015.
They reports that Windows Phones make up 5% of the 3.7 million smartphones sold in the country in the first half of 2015. Telsyte notes that Windows Phone-based devices had relatively slow market performance due to the lack of new handsets and Microsoft’s transition away from the Nokia brand.
The Australian market itself shrunk 6% due to maturation of the market, even while Android handsets (54%) overtook iPhone sales (41%) in the region. Australia is one of the most committed iPhone markets in the world, with more than 35% of smartphone users in the country using the OS.
Telsyte research now shows that 17.2 million Australians (72%) own a smartphone with 450,000 new smartphone users added during H1 2015.
“The smartphone market is entering a stage of maturity with growth starting to be driven by demographic factors such as net migration and births,” Telsyte Senior Analyst Alvin Lee says.
Telsyte research showed Sony overtook HTC in the first half of 2015 to become the third largest smartphone vendor in Australia, behind Apple and Samsung.
Telsyte predicts 4.5 million smartphones will be sold in the second half of 2015. Pricing and brand are still the most important factors cited by consumers when it comes to choosing a smartphone; however, an increasing level of importance is being placed on ‘lifestyle’ factors such as durability and resistance to the elements.
The full report can be seen here.


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In this week’s news of the weird, a former Miss California, Carrie Prejean Boller, is handing out $5 bills to kids who refuse to wear masks. In addition to paying little ones to not wear masks, Boller is also heaping on the compliments, telling the youngsters, “You’re doing the right thing.” In fact, the former beauty queen is recording her interactions with unmasked kids and posting the footage to her Instagram account. Some of the videos even show Boller paying adults to flout the Golden State’s mask requirement.
Boller’s Justification for Compensating Maskless Kids
Boller captioned one of her Instagram bribery videos with the following: “Handing out $5 bills to the normal ones not complying with tyranny.” The caption pertains to a video in which she handed out money to two older women shopping at a California store.
Boller has a sizable online following; she has a visually appealing aesthetic and also is married to former football quarterback Kyle Boller. She also made waves back in ’09 when taking a stand against homosexual marriage while participating in the Miss USA Pageant.
Another video posted to social media features Boller stating, “One of my favorite moments of today … Head over to my stories for more muzzle free patrolling happening around San Diego.” She also posted footage showing two women pulling off their masks while shopping in a California store.
Another video shows Boller interacting with a young girl who was subsequently featured in another video in which she was holding cash, presumably from Boller. Boller’s statement in the initial video is as follows: “Tomorrow when you go to school unmasked, your heart’s gonna be racing and you’re gonna be nervous. But I want you to know you’re doing the right thing. Don’t ever, ever question it.”
The former beauty queen is even going as far as telling maskless shoppers that they are, “…the next Rosa Parks. You’re the next Martin Luther King.” However, logical people are quick to point out wearing a mask is simply not the same as combating racism in the tumultuous 60s.
Boller Has a Buddy
Boller has tagged Patrice Reynolds in several of her anti-masking videos. The two anti-mask activists have created a name for their escapades, referring to their two-man activist crew as the “Muzzle-free patrol.” The patrol has frequented Target and Home Goods stores throughout California to hand out $5 bills to those who refuse to mask up.
Boller and Reynolds are not limiting their ire to the mask mandate. The two conservative activists have posted a litany of videos to social media covering subject matter ranging from anti-vaccine videos to the race for President and other controversial subjects. If the Muzzle-free patrol has its way, Californians will stop wearing masks in Target as well as other commercial shopping centers throughout the state. It is also worth noting that they have used their platform to praise former President Donald Trump.
Will Kids Listen to Boller’s Message?
Boller has even gone as far as telling children they will be the leaders of tomorrow for refusing their teachers’ orders to mask up. Part of Boller’s logic in pushing back so hard against mask mandates is the fact that the state’s Governor, Gavin Newsom, was recently photographed at public events without wearing a mask. One of the parents in a clip Boller posted to Instagram goes out of her way to insist her children will never wear a mask simply because the state’s Governor refuses to do so himself.
Making Boller’s stance even more intriguing is the fact that she is spending time discussing the mask mandate with local teenagers. Boller’s interviews with teens highlight the ergonomic issues with constant mask-wearing. One teenager featured in Boller’s videos says, “I don’t like muzzles. They aren’t fun. They are suffocating. They’re restricting.”
Another teenager featured in Boller’s videos indicated that masks make it difficult to breath: “I’m pretty annoyed with this mask policy having to go to school every day and wear the muzzle… I can hardly breathe.”
At the moment, California and 15 other states mandate that students wear masks while in school. Boller and other right wing activists have gone out of their way to highlight the fact that the state’s policies are egregiously strict, especially when juxtaposed with those of other states.
Rolling Stone and several other media outlets have contacted Boller for a public comment on her anti-mask campaign. Boller reciprocated the request for an interview, stating she doubts that COVID-19 presents a meaningful risk to children, teens and other youngsters.
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Boller’s official response was as follows: “Can you let me know the ‘positivity’ and ‘daily case’ numbers for Americans under age 18 as well as the current COVID-related risks for that age group? Can you provide any statistically significant data showing the benefits of children wearing medical or cloth masks?”


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Farmers market offering special for SNAP recipients
An oasis of fresh, healthy food has opened up for local families on SNAP, who can get a great deal on locally-grown produce to stretch budgets.
The Mills River Farmers Market hopes to bring in more SNAP (Supplemental Nutrition Assistance Program) recipients using EBT (Electronic Benefit Transfer) cards with a two-for-one offer this season.
“We're firm believers in people having access to healthy food,” said Joe Brittain, executive director of the market's board of directors.
Here's how it works: SNAP recipients go to the market booth to swipe their EBT card. If they want to spend $10, they will receive $20 worth of plastic blue tokens to buy food at vendor tents.
The market, which was launched by the Town of Mills River around seven years ago, is a 501(c)(3) nonprofit agency now guided by a board of volunteers.
As the market evolved, the board had discussed if accepting EBT was a direction they'd like to take, and they decided they weren't ready.
“When we saw the statistics in the area for children on free or reduced lunch and the number of elementary school children that are homeless, we decided that it was time,” said Linda Brittain, Mills River Farmers Market board secretary/treasurer.
Currently, Mills River is the only farmers market in Henderson County accepting SNAP/EBT benefits.
The market sets up weekly through the end of October in the G&B Energy Plaza on Highway 280.
Items available for purchase include bread, a variety of vegetables, blueberries, eggs, chicken, pork products, milk, canned goods, honey and coffee - all from area producers.
Products change weekly according to availability as the seasons change. The two-for-one deal is good through Oct. 31, while funding lasts, and is only for SNAP/EBT users.
“I think it's a great draw, something that someone should take advantage of,” said Eddie Metcalfe, a coffee roaster that regularly sells his beans at the market.
The market started accepting SNAP/EBT in the 2014 season, but there was a mediocre response, with few people on SNAP buying at the market.
“Unfortunately, most of the SNAP recipients live on the other side of Mills River,” said Linda Brittain. “We're hoping to get the word out with the two-for-one deal.”
The two-for-one special is made possible through a $2,000 grant from St. James Episcopal Church; that particular grant is designated to help combat hunger and homelessness in the community.
The funds need to be fully used by the end of the season – any remaining money will be returned to St. James. Supplemental funds from market sponsors will stretch the grant money for the extra dollars given to SNAP recipients, said Joe Brittain.
Grant monies were also received in April of 2014 from a federal program for farmers markets, to cover the cost of the necessary equipment for swiping and tracking EBT card purchases.
Linda Brittain said the Health Department and the Department of Social Services are helping to spread the word about the market deal to SNAP recipients.
“Our food is really starting to roll in, with more vegetables becoming ready,” said Linda Brittain. “It's great because what we really want to push is the fresh produce.”
During high season, which starts in mid- to late July, up to 28 vendors will set up their produce at the market, said Joe Brittain.
The volunteer-run market is currently looking for an intern to operate the market booth, as well as to help with set-up and break-down, in exchange for a small stipend.
Board member Andrea Dedman said of the internship, “It's a great opportunity for someone interested in this industry.”
The Mills River Farmers Market is located at 5046 Boylston Hwy. Hours are 8 a.m. -12 p.m. Saturdays through Oct. 31. For more information, email firstname.lastname@example.org or call 828-891-3332
Reach De Bona at email@example.com or 828-694-7890


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According to a recent SEC report,
Update: The $400M figure itself was not the point of this article, but many are pointing out the math leading to all these headlines is misguided. These numbers reflect gross margin, not profit and loss, and are increases, not totals. While we can use that data to approximate $7.1B in revenues compared to $5B in costs, without further information from Microsoft, it's hard to pinpoint an exact profit or loss on the Xbox One. Though if they have lost money on the system so far, it's for the reasons I go into below, and would not be cause for alarm.
Microsoft's collection of anti-fans loves to use any opportunity to try and take the company down a peg. The detractors of
Hint: it costs a lot of money to develop, market and release a new console. As such, it's fairly standard to expect to lose money on a system at first, given that Microsoft is playing the long game here. Think of the money spent in the Xbox One like they're running a small business. It's going to be exceedingly rare for a new entrepreneur to spend boatloads of money setting up his business, and then immediately be able to turn a profit. Even if he brings in significant revenue from great sales, chances are he still owes a lot of money on the initial start-up costs of his business.
It's the same with Xbox One. It's exceedingly rare that a new video game console would immediately start printing money from its hardware alone this soon after launch. Sony may be having better luck with the PS4, but they're the exception, not the rule in this case, and a typical console launch looks more like what Microsoft is experiencing now (not to mention there are still larger problems with Sony itself that drag down the accomplishments of their video game division).
Now, over time, Microsoft will earn back the money its invested to launch the Xbox One. They'll do so through hardware eventually. The console will get cheaper to make, and they'll be able to make more money on each unit as a result. Microsoft will earn money from software sales over time, and naturally, from the millions of practically permanent Xbox Live Gold subscriptions that are a huge golden goose for them.
The Xbox One is just finding its footing as a platform, and still has some of its biggest draws to come (Halo 5, for one). They'll have EA Access running soon as an interesting experiment, and now separated from the Kinect, that should drive sales further. Not to say that the Xbox One will automatically be some grand success in the future, but it at least needs to be said that this kind of loss this early is not some automatic indicator of doom, nor is it a terribly huge deal for Microsoft themselves, a company with 70+ billion in revenue.
But this also shouldn't be taken as a greenlight for any fanbase to automatically dismiss losses as no big deal. Nintendo's predicament especially does seem to be worrisome. They're consistently losing money, despite the Wii U and 3DS being out for quite a while now, and despite the recent launch of Mario Kart 8, which very well may be their biggest console title in this new generation. And all of this is on top of the fact that Nintendo is a video game-only company, and they live or die on the success of their platforms. All those factors combine to paint a picture that's a little bit more unsettling. Again, not apocalyptic, but important to note given that the Wii U has a full year's head start on its competition, and Nintendo has had the time to release a series of supposed "system sellers" at this point.
It's likely going to be a few years yet before the console race can really be viewed through a clear lens. It's hard to argue that Sony has had anything other than a smashing start, but Microsoft and Nintendo are more complex cases. Don't believe hysterical headlines until you know the facts, however, as this is a marathon, not a sprint.
What should an ideal Game of Thrones game look like?


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Nov 11th 2009 By Nick Prueher
On the rough-and-tumble streets of Connecticut, chewing-gum robberies are on the rise, say police, who've seen a rash of gum thefts this year.
It all started in March when $800 worth of Orbit gum
was stolen from stores in Bridgeport, Fairfield and Stratford by one man, Kenneth McManus, who intended to sell it for drug money. Cops say this high-profile robbery has led to several copycat gum thefts since June.
"What the motive is, we don't know," said New Britain State's Attorney Scott Murphy. "But gum thefts are increasing."
According to Sgt. James Perez from the Fairfield Police Department, gum does have a resale value for criminals looking to make a quick buck. "There's an entire black market all across Connecticut where people sell stolen merchandise on the street and to businesses," he said. "People peddle stolen meat, fish, candy, gum, almost anything."
And as everyone knows, chewing-gum theft is a gateway crime into stealing bigger-ticket items, like Little Debbie snack cakes.


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A new AI-powered prosthetic hand that works with an amputee’s brain waves and muscle signals to intuit the movement they want to make is now undergoing the FDA approval process.
BrainCo unveiled the final model of its prosthetic hand — which was named one of Time Magazine’s top 100 inventions of 2019 — at CES 2020 on Monday. The company expects to have the hand on the market in the US later this year. …
It only takes about 5 to 10 minutes to program six gestures, Newlon said. The more you use the hand, the better and more lifelike it becomes, he added. Another major benefit will be the cost:
Typically, robotic prosthetics cost up to $60,000, even when they offer limited functionality. BrainCo’s smart prosthetic hand will cost between $10,000 and $15,000.
To read more, click here.


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Epic's Fortnite Still in Development, But Paragon Comes First
"It's a game that takes time to get right," says Epic's CEO.
First unveiled over four years ago, Epic Games' Fortnite hasn't been in the spotlight much recently. The developer has now offered reassurances about the game's status, though it did also make clear what you could already guess: Paragon, its upcoming MOBA, comes first.
E3 2019 Press Conference Schedule: Nintendo, Microsoft, And More - GS News Update Top New Games Out On Switch, PS4, Xbox One, And PC This Week -- May 19-25 2019 Avengers: Endgame Passes Avatar in the US Box Office, Still Behind Worldwide - GS Universe News Update Game Of Thrones Series Finale Breakdown -- "The Iron Throne" Apex Legends Update Tweaks Wraith And Pathfinder - GS News Update More Gen 4 Pokémon, Glaceon, And Leafeon Now Available In Pokemon Go - GS News Update Harry Potter: Wizards Unite - Monster Book Of Monsters Harasses Muggle Shopkeeper Trailer Overwatch Anniversary Event 2019 Gameplay Live PS5 Load Times Shown Off In New Video - GS News Update Black Mirror: Rachel, Jack, And Ashley Too - Official Trailer Black Mirror Striking Vipers - Official Trailer Black Mirror Smithereens - Official Trailer
Asked by Game Informer about where things stand with Fortnite, Epic CEO Tim Sweeney explained that the studio's focus moved to Paragon. "We figure we should start with one major successful launch and do one at a time. Fortnite will be next."
He added that Fortnite is still "moving ahead full-speed," but emphasized that it's not an easy game to make.
"It's a game with awesome and complex RPG-type systems, and a really interesting meta game around it," he said. "It's a game that takes time to get right. It remains a huge priority for Epic, and expect more news to come out over time."
Fortnite was first announced at the Video Game Awards in December 2011, with Cliff Bleszinski (who has since moved on from Epic) introducing a trailer for the game. Sweeney has since summed it up as "sort of Minecraft meets Left 4 Dead." A closed alpha test began late in 2014, and as recently as last year, Epic was showing off extensive footage and giving us a chance to play the game, which was surprisingly fun.
You can still sign up for the alpha, which continues to get regular updates, over at its official website.
Got a news tip or want to contact us directly? Email firstname.lastname@example.org


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Indian Gold Imports Roar Back After Demonitization
Indian Gold Imports Soar in 2017
Indian Gold Imports
India’s gold imports continue to surprise to the upside. Indian gold demand has soared in the first seven months of 2017, while gold sales at the U.S. Mint Mint (see chart below) have plummeted steadily since the beginning of the year.
The divergence between Indian gold demand as measured by imports, vs U.S. gold demand as measured by U.S. Mint gold sales continues to widen.
India has imported 581 tons or approximately 20.5 million ounces. At the current pace, India would import about 1,000 tons of gold in 2017 or about 35.27 million ounces or about 40% of the annual global gold mining production of about 2,500 tons a year.
Here is a chart of Indian gold imports for the first seven months of 2016 compared to 2017. Since India has virtually no domestic gold mining production, gold imports are a good proxy for gold demand in India.
India has had a culture affinity with gold for thousands of years. India’s growing population and increase in income levels has created large and steady annual gold demand in the sub-continent over the past decade.
Reasons for increase in Indian Gold Demand in 2017
Gold demand in India has increased in 2017 largely due to pent up demand from 2016. Last year, gold imports were down the first half of the year in part due to the spike in gold prices in the run up to the Brexit election. Indians tend to buy more gold when prices drop and hold off on purchases when the price of gold rises. Also at the end of 2016, the Indian government demonitized about 90% of their paper currency, leaving many Indians without cash to make purchases, including gold. Earlier this year India completed its issuance of new currency and Indians were able to use that cash to make gold purchases that they were unable to make at the end of 2016.
Gold demand was also driven higher earlier this year as jewelers and gold dealers stocked up on gold in anticipation of a rollout of the Indian goods and services tax that was anticipated to be 5% for gold bullion. The goods and services tax was finalized at 3% for gold bullion and rolled out in July.
Demand is expected to be strong in the second half of 2017 as a good monsoon season this year has helped rural Indian farmers’ fortunes who traditionally buy gold with the excess farming profits.
Tola Gold Bars – The Weight Used to Measure Gold in India
U.S. Mint Gold Sales Slump in 2017
While Indian gold imports are 121% in the first seven months of 2017, US Mint gold demand as measured by sales of one ounce American Gold Eagles are down 65% during the same period.
Here is a chart showing U.S. Mint Gold Eagle sales from the first seven months of 2016 compared with the first seven months of 2017.
Reasons for Decrease in US Mint Gold Sales in 2017
The decrease in U.S. Mint gold sales can be explained by rising stock and crypto currency markets that has attracted capital away from gold. Also the anticipation that the Federal Reserves will continue to raise interest rates this year has weighed on gold sales. In addition, international and domestic political turmoil so far in 2017 have been fleeting. Lower gold sales can also be blamed on American gold buying patterns. Americans tend to buy gold (or assets in general) when it is going up, unlike the Indians who buy gold when the price is going down or steady.
Some market observers expect a rebound in U.S. Mint Gold sales in the second half of the year as recent pronouncements by Fed officials the Fed is more likely to take a gradual approach to raising rates further, if at all. Ray Dalio, the head of Bridgewater Associates, one of the most successful hedge funds in the world, earlier this month recommended that investors add gold to their portfolio as a hedge against increasing U.S. domestic political uncertainty. The stock market also appears to be in nosebleed territory leading many market participants to worry about a large correction.
With the stock market priced for perfection and domestic turmoil (Charlottesville) and international tensions (North Korea) on the rise, and a more recently dovish Fed, gold demand and prices may increase in the latter part of the year.
U.S. Mint American Gold Eagles
Check out gold for sale at BGASC.com
This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.


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India bans more Chinese apps, e-commerce has doubled during the pandemic, and Bill Gates weighs in on the coronavirus.
It’s all the tech news that’s popular right now. Welcome to Hashtag Trending! It’s Wednesday, July 28, and I’m your host, Baneet Braich.
Indian Govt bans 47 Chinese apps mostly ones operating as ‘clones’ of earlier banned apps from technology
Just after a month of banning TikTok, India has decided to ban 47 more apps which operate as ‘clones’ of the earlier banned apps. The government earlier banned apps including CamScanner, SHAREit, and UC Browser, and others. According to reports, the government is also drawing up a list of 250 other Chinese apps, citing privacy and national security violations. These apps also include gaming applications. Allegations have also surfaced suggesting that there are links between some of these apps and the Chinese Communist Party. Seems like India has got quite the radar.
During the coronavirus lockdown, e-commerce has been booming as Canadians fled to online shopping. A recent study from Statistics Canada reveals that although retail sales fell by 18 per cent as Canadians stayed home, online sales spiked nearly 100 per cent during that same period. Statistics Canada also says that e-commerce sales hit a record $3.9 billion in May. The latest figures numbers come on the heels of an encouraging 18 per cent bump in in-store retail sales in May. However, that’s still 20 per cent below where they were before the pandemic.
This week former Microsoft CEO Bill Gates shared his thoughts on coronavirus testing in an interview with CNBC. He says that there could be a substantial reduction in the coronavirus death rate by the end of 2020. Some key points from his interview include that despite new therapeutics helping patients with severe symptoms, we will not go back to normalcy just yet. He also emphasized the significance of persuading the public to get the vaccine if and when it becomes available. In terms of what is actually being tested, Gates mentioned Remdesivir as one of the leading treatments in the therapeutic research. It is an antiviral drug that has shown to have reduced the risk of death for severely sick Covid-19 patients by 62 per cent compared with standard care alone.
That’s all the tech news that’s trending right now. Hashtag Trending is a part of the ITWC Podcast network. Add us to your Alexa Flash Briefing or your Google Home daily briefing.I’m Baneet Braich, thanks for listening.


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JET, Okla. — Wagon Creek Creamery was making Greek yogurt before it surged in popularity, and it continues to be a popular seller for the operation between Jet and Goltry.
Dairy farmers since 1991, Ron and Barbara Crain have owned the creamery since 2005. Ron Crain’s brother gave them a kit to make cheese years ago, and one recipe was yogurt, Barbara Crain said. It called for the yogurt to be drained in a cheese bag to make yogurt cheese.
“That was actually our original product, then later somebody asked me if we had ever considered making Greek yogurt,” she said. “I didn’t know what that was, so I looked it up and I went, ‘Oh, this is what we’re already making, it’s just by a different name.’ We changed our labels to Greek yogurt, and it was much easier to sell the product because that was about the time that all the big boys were coming out with Greek yogurt. We’d already been making it for a few years, just calling it yogurt cheese.”
To read the rest of the story, please go to: Enid News & Eagle


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Så här kan du påverkas av brexit Skatteverket
After the Brexit referendum, the pound fell and so did economic growth. But although the primary mechanism by which Brexit will affect the UK economy is trade, growth in the non-tradeable sector actually fell by much more than in the tradeable sector. London, the North East, Wales, the South East and the West Midlands are most exposed to Brexit associated risks, whereas tourism dependent coastal communities and hospitality dependent cities such as Manchester, Liverpool, Glasgow and large parts of London are likely to be most exposed to the short term economic impact of Covid-19. Se hela listan på rand.org Brexit, the British economy and consumption. It is argued that leaving the European Union would damage property markets and the macro-economy, resulting in lower consumption. Based on our analysis in sections 1 to 6, we are, on balance, sceptical of the more extreme claims made about the costs and benefits of Brexit for the British economy.
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laying out the basic data on trade in goods and 11 Sep 2016 Why Brexit hasn't destroyed the British economy (yet). Since the referendum, UK consumers and businesses have defied the doomsayers. 28 Apr 2016 A UK exit (Brexit) would be a major negative shock to the UK economy, with economic fallout in the rest of the OECD, particularly other 18 Jul 2019 Economists have predicted what Brexit means for the U.S. economy and its financial markets when (and if) the U.K. finally leaves the EU. 29 Jun 2020 In the event of a no deal Brexit, which is still a possibility, you will find that there are things getting held up at borders because of checks, 24 Jun 2016 The immediate economic impact of Brexit is likely to be relatively low. The long- term, broader economic impact is the much bigger story. 3 Jan 2017 BREXIT: USING THE CBR MACRO-ECONOMIC MODEL OF THE UK UK economy to investigate possible futures following the referendum 8 Jul 2018 As the formal process of Brexit has already started, there is much uncertainty about Brexit's impacts on Britain's social, political and economic 22 Sep 2016 Other factors will also cushion the blow of Brexit.
Application for exemption from EEA residency requirements due to Brexit, 814 be.
The Impact of Brexit: Confidence in UK Job Security - Peakon
The UK has decided to leave the EU. The referendum in June 2016 displayed a Saknas: economic | Måste innehålla: economic "Brexit is the biggest threat to our economy since the Troubles," he said. 'Border impact'.
The Latest: May says Brexit won't see workers' rights cut
Video caption: Post-Brexit, the UK is re-branding itself as The potential economic gains and losses for the U.S. in Brexit are small,, apart from the TTIP-like arrangement which would result in substantial economic gains for the US. The US will miss the influence and global perspective that the UK brings to the EU decision-making process, particularly around foreign policy, security and defence. Brexit and the UK economic impact 21 August 2020 Laurence Allan, Ph.D. Raj Badiani The UK parliament has ratified the renegotiated Withdrawal Agreement, which allowed the United Kingdom to leave the European Union on 31 January 2020.
On 23 June 2016, the British people voted in a referendum with a narrow majority to leave the European Union
12 Jun 2020 Brexit and pandemic a double blow to UK's economy.
Joakim lamotte sätra
But although the primary mechanism by which Brexit will affect the UK economy is trade, growth in the non-tradeable sector actually fell by much more than in the tradeable sector. The former refers to aspects of economic activity which can realistically only 2019-10-22 Economic predictions of Brexit. There have been numerous economic predictions springing from a possible Brexit including recession, unemployment, falling Pound, falling stock markets, collapsing house prices, inflation and the end of civilisation as we know it (I’ll leave predictions of world wars e.t.c. for someone else to grapple with).
Storbritannien inklusive Nordirland lämnade EU (brexit) den 31 januari 2020 och är därmed inte längre ett EU-land. Brexit påverkar alla svenska företag som
Brexit: What changes in road transport and trade of goods between namely "Authorized Economic Operators", ensuring lighter customs
Alfie Stirling and Alena Ivanova … Remember project fear? It was Cameron and Osborne's scare campaign.
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Financial Services Blog - Clearwater International


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In an effort to look like they’re not trying at all by trying too hard, Coachella attendees and fitness trainers Kirsten Potenza and Cristina Peerenboom (who created Pound, a workout regimen where you use drumsticks instead of weights) have come up with “Cut By Coachella,” a 30-day diet that aims to make sure that you have a great Coachella bod. Festival fashion (and the crop tops that come from it) has become massive in the past few years since everyone’s backyard seems to have a festival nowadays and trend pieces have highlighted the good and the bad. An article from lifestyle blog Well+Good sheds some light on the effort to cut calories for the grandfather of modern festivals. One 22-year-old who is going to the festival for the seventh time said, “There’s more competition style-wise now. The number of Coachella virgins increases every year, and, if anything, they’re really into the image aspect.”
With the festival just a week away, festival dieters are in crunch mode. “I don’t change my diet as much as I exercise more before it,” one of the creators of the diet said. “I’ll do more yoga, SoulCycle, and Physique 57 classes. I step up on the late nights of dancing to get in the practice, too.” There’s even a Twitter for the diet with some questionable tweets including “So, if you’re a fat chick & you go to Coachella, what’s the point?” and “Anyone know how many calories are in this Molly?” The whole idea of crash dieting for just a weekend (or two) is icky — there’s nothing wrong with wanting to look good when you’re going to be seen by thousands of people, but just throw on a floral headband and some high-waisted shorts and don’t make a big deal out of it. With the festival industrial complex only growing, these kinds of diets could become commonplace.


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Bhubaneswar: It’s time for college girls and women in Odisha’s capital city to cheer up after being confined to home due to the coronavirus-induced lockdown and shutdown. They have the chance for a makeover of their wardrobe as the handlooms and handicrafts fair ‘Cottonfab’ is in town.
“We have come to Odisha with the exhibition for the first time this season. After relaxation of lockdown, we planned to organize the fair and started approaching the Bhubaneswar Municipal Corporation (BMC). We’ve got permission now,” said Javed Khan, a member of the organizing team of Cottonfab.
“The exhibition provides a platform for weavers from different parts of the country to display their creations to the customers directly. The weavers faced a huge loss this year due to the COVID-19 pandemic. They did not have work for 10 months. We are happy and thankful to authority of Bhubaneswar that they have given permission to exhibit our products,” said Javed, adding that the fair in Bhubaneswar is normally held in August every year.
“We are following all guidelines. The fair is being held in an open space. To avoid large gatherings, we have maintained enough space between the rows of stalls. A gap of six metres is maintained after every three stalls. We are also doing sanitizing and thermal scanning at the entry points. Besides, we are sanitizing the exhibition ground frequently,” he informed.
The products on offer include gossamer silks, chic cottons, dainty drapers, intimation jewellery.
There is a wide range of various styles and designs available in the fair. Buyers can choose between Lucknowi kurtis with heavy Chikankari in soft cotton, bright-coloured threadwork on pastel-shaded cotton, Madhya Pradesh’s Chanderi, Maheshwari, to Kashmiri embroidery, hand-embroidered stoles, Gujarati print dress material, Kachhi Ajrak with Banjara embroidery, Rajasthani block-printed material in Sanganeri and Dhaboo with Indigo, Kota-Masuria in cotton and Kota-Doria silk saris in natural and florescent colours and ethnic lehenga choli. Palazzos and ghagharas are also on sale.
“Due to COVID-19 pandemic, we the artisans and weavers were unemployed since March and faced financial crisis. Many of us are on the verge of starvation because we used to depend on sale of our products through these events,” said Abdul Ansari, a weaver of Lucknow.
“I have Lucknowi stitched dress materials and readymade dress in a price range between Rs 450 and Rs 6,000. But customers have not been coming to the fair like in previous years. Hope we will not face such a situation in the future,” wished Ansari.
The Awadh Hathkargha, Hastshilp Evam Gramodyog Samiti is organising the exhibition for promoting weavers and artisans from different parts of the country.
The exhibition this year features 90 handloom and 30 handicraft stalls. A wide variety of jewellery and shoes are also available in the exhibition.
“Due to COVID-19, we were unable to go shopping all these months. Now we are very happy to shop in such an open space and with lots of varieties. After a long time, I will add some ethnic outfits in my wardrobe,” said Nibedita Parida, a customer who had come with her friends.
The 12th edition of the exhibition began on December 19 and will continue up to January 17.


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It’s been a tough road for the vampire population of Dogma: Eternal Night. The indie title fell very short of its Kickstarter campaign goal late last year, which has prompted the team to investigate other methods of funding. The team has been taking pre-orders for most of 2016, and now it has launched a Patreon project to solicit a revenue stream from its fans.
The team is hoping to pull in $500 a month: “This goal allows us to further develop the project and release of our time for more efficient work. Our programmer will spend more time creating new game mechanics, scenes, and fixing bugs.”
Players who pony up for the $10 tier or higher will get alpha and beta access, as well as the game’s soundtrack. Those who don’t mind dropping $100 a month will even get their mug plastered on wanted posters across the game’s city.


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French Authorities Recall Radioactive Watches
PARIS, France, December 22, 2000 (ENS) - Watches sold in France under the brand name "Trophy" are contaminated with radioactivity, according to a French government agency.
The contaminating radionuclide is cobalt-60 and it is located in the hinges of the adjustment links on the watch bracelet. The watches, which are made in Hong Kong, bear the serial number T65007.3.
The French radiation protection agency - the Office de Protection contre les Rayonnements Ionisants (OPRI) - said the amount of radioactivity in each watch does not pose an immediate danger.
But it has recalled the watches, marketed through the Carrefour store chain. The chain is based in France and has more than 9,000 stores in 27 countries.
The radioactive contamination was discovered at the beginning of November when equipment used to measure radiation levels at a nuclear center in France gave an unexpected reading.
Following an investigation, the source of the radiation was found to be the metallic bracelet of a watch worn by one of the workers at the center. The watch had been purchased in a Carrefour outlet.
OPRI analyzed watches of the same model in other Carrefour shops. Measurements carried out on more than 3,000 watches indicate that nearly 50 percent of those sold with the serial number T65007.3 are contaminated.
No other country has yet reported finding similar contaminated watches, but some have issued warnings. This week, the Radiological Protection Institute of Ireland advised anyone who has purchased a Trophy watch since the beginning of September to contact it with a view to having the watch tested for radioactivity.
"Although the calculated dose does exceed the relevant dose limit, the wearing of the watch does not pose an immediate danger to the person wearing it," said the Institute.
"It is important, however, that all watches are withdrawn from circulation as the presence of artificial radioisotopes in consumer goods will lead to unnecessary exposure and is not generally permitted."
Chinese authorities have initiated their own inquiry into the source of the contamination, added the Institute.


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Spotify rolls out Siri support and new Apple TV app
spotify has launched the ability to play music with Apple's Siri voice assistant on the iPhone and iPad. The new feature, only recently made possible in iOS 13, puts Spotify on more equal footing with Apple Music. It showed up in the company's beta app in late September, but it has now rolled out to all users. Another new addition will automatically put Spotify into Data Saver mode when you activate Low Data Mode on your device.
You can ask Siri to play music through Spotify on iOS and iPadOS. According to Spotify, Siri can also control the app in CarPlay, and you can use AirPlay to play music on your HomePod with voice commands as well.
A lack of Siri integration was among Spotify's complaints about Apple that it filed with the EU, which launched an antitrust investigation of Apple earlier this year. (Apple will also soon let Siri send messages through third-party apps by default, which could be another step to address criticisms that Apple gives its own apps an unfair advantage.)
Aside from the new Siri support, Spotify is also releasing an Apple TV app today for the first time. It closely resembles Spotify on other TV platforms like Roku, and the new app can be downloaded from the tvOS App Store (or set to automatically download if you sync downloads across iPhone and Apple TV).
Lastly, Spotify also seems to be redesigning its iPad app to take better advantage of all the screen real estate on Apple's tablets. But the iPad still lacks things like Spotify's animated album art since those videos are designed for a phone form factor.


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Lenovo has a fitness band planned for release at some point, and it has quietly revealed the device on its official website. No big announcements were made concerning the wearable, which appears to look resemble the Razer Nabu. It’s currently called the Lenovo Smartband SW-B100, although we hope that the name changes to something a little catchier when it finally appears in the market.
It has the traditional fitness band functions of tracking distance, steps, heart rate, and sleep. Which isn’t too out there, although Lenovo has apparently included the ability for the SW-B100 to unlock a PC without a password. Details are light, but it appears to work by simply bringing the fitness band close to the machine. The good news is that the fitness band will pair with Windows based computers as well as both Android and iOS devices. Windows Phone is oddly still left out of the list, although it could that Microsoft’s efforts with Windows 10 may remedy this situation.
There is still not pricing or release date available for the Lenovo Smartband, but it should be reasonably close to being market ready if it is already on the website.


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More than 60 nations require labeling of genetically modified food. But American consumers are left in the dark without the basic right to know if the food they eat or feed their families has been genetically modified.
Genetically modified foods were introduced to the public in the 1990’s. Today, they can be found in more than 75 percent of our food supply.
Independent polls show that more than 90 percent of Americans of all political stripes support labeling GMO food. Momentum for labeling requirements continues to grow. Nearly 1.4 million Americans have joined a petition urging the U.S. Food and Drug Administration to require GMO food labeling, labeling initiatives have been introduced in more than 30 states, and three states have passed labeling laws.
Contrary to the claims of food industry giants and biotechnology companies, requiring labels on genetically engineered food won’t drive up food prices. Labeling would not ban the technology or force farmers and manufacturers to switch to non-GE ingredients; it would simply require that food containing GE ingredients be labeled, so that consumers can make informed decisions about what they want to eat.Read More
Food policy decisions pending before Congress and the Obama administration could set the table for decades of better eating – or more leftovers.Read More
So far, less than 1 percent of Brazilian food sales are “organic” (though sales are growing). And, when experts looked more closely, they found that many Brazilian consumers are more likely to buy foods labeled as genetically engineered – especially if they claim to provide a nutritional benefit.Read More
More than 440,000 acres of food crops – including potatoes, peas, grapes and tomatoes – could soon be in the toxic spray zones of a weed-killing chemical linked to Parkinson’s disease and reproductive and immune system problems, now that the Obama administration has approved a new herbicide for widespread use, an EWG analysis shows.Read More
Now that government agencies have given the green light to Dow AgroSciences to sell 2,4-D-tolerant, genetically engineered corn and soybeans and OK’d dousing them in Enlist Duo weed killer, there’s yet another reason to stand up for consumers’ right to know and to fight for GE labeling.Read More
The Environmental Working Group is “deeply disappointed” that the U.S. Environmental Protection Agency has decided to approve a toxic weed killer known as Enlist Duo, despite overwhelming opposition from the scientific and public health community, EWG said in a statement today.Read More
Defenders of genetically engineered crops regularly claim that these varieties cut erosion by encouraging farmers to use tillage practices that enhance soil conservation.Read More
If we’re going to succeed in feeding the world, it will be because we educate and train farmers in countries with persistent hunger and develop innovative and strategic ways to lift people out of poverty so they can buy their own food.Read More
Advocates of genetically engineered crops claim they will help us “feed the world” by improving crop yields. But is there any actual evidence that GE crops have actually delivered better yields than conventional breeding techniques?Read More
The problem of drift could worsen if the Environmental Protection Agency approves Dow AgroSciences’s new weed killer, Enlist Duo, which contains 2,4-D and glyphosate.Read More
Companies and organizations opposed to labeling foods that contain genetically engineered ingredients disclosed $15.2 million in lobbying expenditures that made reference to GE labeling in the second quarter of 2014, according to analysis updating a July EWG report. When combined with lobbying expenditures from the first quarter of 2014, these companies have disclosed $27.5 million in the first half of 2014 that made reference to GE labeling– nearly three times as much as they disclosed in all of 2013.Read More
A New York Times article last week (Aug. 11) explained the problem of “superweeds” but failed to connect the dots between increasing use of the toxic defoliant known as 2,4-D and the serious health risks linked to exposure, which include Parkinson’s disease, non-Hodgkin lymphoma and thyroid and reproductive problems.Read More
EWG has determined that 487 elementary schools across America are within 200 feet of a corn or soybean field. This finding is alarming because young children are especially vulnerable to the toxic herbicide 2,4-D in Dow AgroSciences’ Enlist Duo TM, a weed killer mixture that is awaiting governmental approval for widespread use on new varieties of genetically engineered corn and soybeans.Read More
A U.S. Department of Agriculture recommendation to deregulate new varieties of genetically engineered corn and soybean seeds would bring a chemical manufacturer one step closer to selling a new toxic weed killer that would threaten human health and the environment.Read More
Companies and organizations opposed to labeling foods that contain genetically engineered ingredients disclosed $9 million in lobbying expenditures that made reference to GE labeling in the first quarter of 2014 – nearly as much as they spent in all of 2013.Read More


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Creating a Banner Ad Worth Clicking on
Marketers across the U.S. will spend $42.3 billion on digital advertising this year, research firm eMarketer estimates, and digital display advertising will account for $17.6 billion of that. That's great news for Google, Yahoo and other digital ad giants, but for many marketers, it means throwing good money after bad: The national average for click-through rates remains a paltry 0.1 percent.
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An attorney for the Salvation Army has attacked the credibility of a retail management expert who testified that Salvation Army executives failed in their duty to protect the employees and shoppers who were killed in the 2013 collapse of a building in Center City Philadelphia.
Center City Building Collapse
On June 5, 2013, a building in Center City, Philadelphia was being demolished. During the demolition, an unbraced stone wall that was three- to four-stories high collapsed and crushed the Salvation Army thrift store that was located next to it. The collapse killed six people and injured 13 people, one of whom died 23 days later.
The man who was operating the excavator, Sean Benschop, and the general contractor, Griffin Campbell, were prosecuted for the deaths. Benschop pleaded guilty to six counts of manslaughter and other charges and was sentenced to 7.5 to 15 years in prison. Campbell was found guilty of involuntary manslaughter by a jury and was sentenced to 15 to 30 years in prison for his role in the catastrophe.
Civil suits were filed against the Salvation Army, the New York real estate investor Richard Basciano and his company STB, the architect, the contractor Campbell, and the excavator Benschop.
Expert Witness Robert Bartlett
In the consolidated civil suit, expert witness Robert Bartlett testified that the conduct of the Salvation Army officials was a “major management failure,” including hiring an architect but never sending him to the store to investigate what was actually happening. Bartlett argued that the Salvation Army officials failed by keeping their store open during the demolition of the building that was next door, without letting its managers, employees or customers know about the danger.
Robert Bartlett is a retail management consultant with over 25 years experience in the field. He runs Bartlett Joseph Associates, a retail industry management consultancy firm. His company focuses on business strategy, organization and management. It provides a broad range of product design and marketing services and has undertaken due diligence reviews of companies on behalf of investors and banks. Bartlett Joseph Associates’ extensive client list includes companies such as Bank of America, Banana Republic, Macy’s, Lowes Home Improvement, Williams Sonoma Target, and Wal-Mart. Robert Bartlett has provided expert testimony as a retail expert in dozens of cases, providing expert testimony on issues including vendor agreements, contracts, store leases, intellectual property, product dating and pricing, customer service and safety, and technology and brand marketing.
Attacking Bartlett’s Credibility
An attorney for the Salvation Army, John J. Snyder, confronted Bartlett with copies of emails that were sent and received between May 10, 2013 and May 15, 2013. The emails were between the Salvation Army and STB Investments Corp., the owner of the four-story building that crushed the Salvation Army store. Snyder argued that this chain of emails show that the Salvation Army was in communication with the STB Property Manager and was actively working to ensure the safety of its store, workers, and customers.
Snyder also argued that Bartlett is not credible as a witness when he criticizes the performance of Salvation Army officials because his opinions are based upon transcripts of court testimony and pretrial depositions.


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Cargill celebrates establishment of Ghana License Buying Company19 Apr 2017
Last week, Cargill celebrated establishing its own licensed buying company, which allows it to directly source cocoa from certified farmers in Ghana for the first time.
Last week, Cargill celebrated establishing its own licensed buying company (LBC) – Cargill Kokoo Sourcing – in Ghana. It allows Cargill to directly source cocoa from certified farmers in Ghana for the first time. So far over 25,000 farmers are registered, of which 9,000 are actively pursuing selling beans through Cargill’s LBC network. Cargill already sources directly from farmers and farmer organizations in other origin countries.Cargill says that moving to this model in Ghana means that it will be better positioned to efficiently implement the Cargill Cocoa Promise, Cargill’s commitment to improving the lives of cocoa farmers and their communities, at scale and better serve its customers.Cargill’s purchasing model is built on the principles of sustainability and full traceability in Ghana. Farmers deliver their cocoa to community warehouses where their beans are digitally weighed in front of them, assigned a fully traceable bar code and funds are then transferred straight to the farmer’s phone or e-wallet.Details of the beans are then recorded in a standardized management system before the beans are collected by larger trucks, which transfer them to central warehouses. Through Cargill’s new bar code system, the company can now trace each individual bag of Ghanaian cocoa beans, sourced through the Cargill LBC, to the individual farm, creating a fully traceable supply chain down to farmer level for the first time in Ghana."Never before has it been more critical for cocoa farmers in Ghana to be the master of their own destiny and improve their own livelihoods,” said Lionel Soulard, Managing Director West-Africa Cargill Cocoa & Chocolate. “With the introduction of an innovative digital payment system, or mobile money for short, this first-of-its kind initiative at scale in Ghana is creating a great opportunity for smallholder finance at the farm level.”"We strongly believe that this way of doing business is the future for cocoa farmers in Ghana. Mobile money is the first step towards improving incomes for farmers, as we build the infrastructure and capabilities for a more efficient and effective supply chain. Our aim is to create an enabling environment for smallholder finance for the future, resulting in better entrepreneurial spirit already noticeable at the farmer level.”"Having long standing relations with cocoa farmers and their communities is critical for the full implementation of our sustainability approach and we now intend to expand our existing sustainability activities to enable farming communities to benefit from training, community and farm development support. We intend to scale up existing activities to enable the current 9,000 farmers dealing with the LBC to benefit from good agricultural practice training, community development, farm development and support in line with the COCOBOD strategy. Developing our sourcing capabilities in the world’s second largest cocoa producing country is an essential step to meet growing customer demand for sustainable, certified cocoa.""We are excited to continue this sustainability journey in Ghana, in partnership with COCOBOD, to address key challenges for our industry such as deforestation. Together, we are investing in the next generation of cocoa farmers and supporting the development of farmer aggregates,” said Soulard. "We look forward to building on our long history in the country and to embracing innovative sustainability practices and the latest technologies along the way. Above all else, we are committed to improving the livelihoods of Ghanaian cocoa farmers and their communities for generations to come."
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Consumables-Ink - UV/UV LED Offset
INX introduces INXCure CardPro, an offset plastic lamination ink system designed for the plastic card market.
Printing house Grafiche Antiga boosts quality and productivity with GEW UV LED curing on a new Koenig & Bauer Rapida press for luxury brand clients like Ralph Lauren, Michael Kors, and many others.
While much recent interest has been paid, in recent years, to the development of LED UV as a reliable curing technology for offset printing applications, Errol Moebius, president and CEO of IST America, shares that system choice is not an either/or. “We’re looking…
Push Solutions, based near Milwaukee, was one of the early adopters of GEW’s LED-UV curing technology, and are now capitalizing on the benefits of having an LED system retrofitted to its RMGT 9 Series press.
Sun Chemical will showcase its full range of digital inks for textiles and graphics during the 2022 PRINTING United Expo in Las Vegas.
AMS Spectral UV announced Bob Griesenbeck, a print veteran with two decades of expertise, joins the company as UV/LED specialist.
INX will offer expert insight on the latest sustainability developments for packaging at the upcoming PRINT UV Conference.
EFI ProGraphics XA high-adhesion ink is suitable for a wide range of rigid and flexible media, and is now available.
EFI has received an additional validation from the Western Michigan University Recycling, Paper and Coating Pilot Plant.


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ELDERSBURG - No one had to fight for a parking space, getting help from a sales person was a snap and anyone wanting to sit on Santa's lap could waltz right up without even waiting in line.
On what is supposed to be the busiest shopping day of the year -- the day that strikes fear in all but the power-shoppers among us -- business at the Carrolltowne Mall here was far from booming on Friday.
"It's been real slow," said Mary Hill, a sales clerk at the Hickory Farms Gift Center. "A lot of people have been coming in and looking, but not a whole lot are buying."
"It kind of goes in spurts," said Blaze Starr, a former burlesque artist who for the last three years has been selling her handmade jewelry in the Carrolltowne Mall. "I like to run this like a supermarket. I just sort of stand here until someone reaches over toward me with some money." She said she sells out of her jewelry every year, and expects to do so this year.
Just beyond Starr's booths was a practically empty Peebles department store. Even though sales clerk Christine Mitchell insisted that most of the day had been "really crazy," she and her colleagues almost equaled the number of customers in the store.
And while the scene here was not replayed throughout Carroll's malls and Main Streets on Friday, the start of the five-week holiday shopping blitz was far from hectic.
Perhaps Carroll's shoppers were influenced by a sagging economy. Or, with Christmas on a Tuesday, shoppers have one more day to buy than they had last year.
Retailers here and throughout Maryland are bracing for a lackluster holiday season, with the Maryland Retail Merchant's Association predicting flat or only slightly rising sales between now and Dec. 24.
How retailers do in large measure can determine how Carroll's economy fares. According to data compiled by the county's Department of Economic and Community Development, retailing accounts for nearly $620 million a year in sales. As the county's largest employer -- some 601 retailers employ about 7,400 people -- sales health is important.
Retailers can expect to earn as much as half of their annual profits during the five-week period that began Friday, national economists say.
While Carrolltowne Mall didn't resemble a traditional Black Friday human stampede, Westminster's Cranberry Mall was teeming with shoppers and browsers.
By about 3:30 p.m., the mall's 2,600-space parking lot was all but full, and the halls were crammed with people. One couple, sitting down for a smoke between armloads of holiday goods, said that they had just about finished their Christmas shopping.
"We've been coming out on this day for the past several years," said Robert Miller of Manchester. He and his wife, Susie, sat just outside Leggett's department store, smoking a cigarette. "We really don't have anything else to do today, and we're about three-fourths done with our shopping already," he said.
Across the mall, munching on a large portion of french fries drenched in vinegar, Jacque and John Kelly, and their 12-year-old son Sean, were taking a break from a couple of hours at the mall.
"We never plan on coming out the day after Thanksgiving," John said.
"But we did come down here for something specific." The Kelly's said they don't intend to alter their shopping habits this year, even with the current economic uncertainty.
"We'll spend about the same," Jacque said.
Not everyone traversing the mall's 510,000 square feet was making a dent in the holiday shopping list. And some of the mall's 80 storekeepers were reporting slightly slower sales than on Black Friday a year ago.
"Sales seem a little down," said Jack Crawmer, an owner of Golf, Etc.
"At one time, sales in golf stores didn't seem to get affected by the slowing economy. It used to be that only rich people played golf. But that's not true any more."
Carroll's shoppers weren't confined to the souped-up hallways of area shopping centers.
In the Main Street sunshine Friday, Westminster shoppers went from store to store, sometimes cramming a usually empty sidewalk.
"We've been really busy," said Dottie Jailey, a sales clerk at Mather's in the first block of East Main Street. "Things are picking up as we get into the Christmas season."


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Transcraft Corp. announced today, April 4, that it has increased the legal payload capacity of its standard-duty flatbed models by about 8,000 pounds — or 12 percent — to allow customers to haul more freight and help improve profitability per shipment.
The company says its standard-duty flatbed trailers, which formerly were designated as “normal” duty with a 65,000 pound gross vehicle weight rating, now carry a GVWR of 73,000 pounds. The added capacity, which Transcraft says was achieved through focused engineering efforts and the use of higher-strength materials, is effective on 2008 model year flatbeds.
“We are continuously looking for ways to make our trailers lighter, stronger and more damage-resistant,” says Dave de Poincy, vice president and general manager of Anna, Ill.-based Transcraft. “The added capacity will allow our standard-duty flatbed customers to haul 12 percent more payload with minimal weight add to the trailer.”
Transcraft flatbed models — which include the Eagle, Eagle II and TL-2000 — are available in standard-duty, heavy-duty and extreme-duty capacities.
Transcraft, a subsidiary of Wabash National Corp., manufactures platform trailers in North America. Established in 1962, Transcraft offers a wide range of flatbed and drop deck trailer models for the commercial vehicle and construction industries. Transcraft operates manufacturing facilities in Anna and Mt. Sterling, Ky.


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Kiddylicious lands lucrative Alibaba deal
Entrepreneur Sally Preston, founder and managing director of Kiddylicious, has secured a lucrative deal to supply her products to Tmall, a subsidiary of the Alibaba Group, the world’s largest ecommerce business.
Preston signed the deal after travelling to the Far East alongside Prime Minister Theresa May and 49 other businesses from across the UK as part of a recent trade mission.
During a packed schedule, which saw the delegates travel to Wuhan, Beijing and Shanghai, Sally attended the UK-China Business Forum in Shanghai alongside Dr Liam Fox.
It was during this visit that she officially completed the trade agreement to open a flagship store with Tmall, an ecommerce platform that is part of the Alibaba Group, opening the brand up to half a billion new consumers.
Preston said: “We’re very excited to be appearing on China’s leading online retail platform. The Kiddylicious brand, thus far, has gone from strength to strength.
“Our sales grew from £1.5m in 2016 to £3m in 2017, and we’ve doubled the number of products sold in China within that time.
“We are now working towards triple digit growth within the next year.”
As part of Kiddylicious' global expansion plan, the brand has identified China as a key strategic market and is working towards a 150% growth within the country this year.
The ambition is to reach retail sales of over £30m per year within three years.
Published: 14 February 2018


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Habitat for Humanity’s second ReStore location is open.
The nonprofit home improvement store and donation center, an arm of Habitat for Humanity Fresno County, quietly opened Sept. 13 in an 8,300-square-foot storefront on the southwest corner of Shaw and Brawley avenues.
The store sells new and gently used furniture, appliances, home accessories, building and paint materials at discount prices. The proceeds are used to fund the construction of new homes for Fresno County families.
People are coming in and “checking things out,” said Torin Blount, ReStore director. “We’re in the process now of filling up shelves with a mixture of product.”
Habitat opened its first ReStore in 2008 with help from the city of Clovis, which donated 2,000 square feet of space to the agency in the former Swiss Colony Winery on Clovis Avenue, south of Ashlan Avenue. Two years later, the store moved to Railroad Avenue, behind the Lowe’s Home Improvement store at the corner of Shaw and Clovis avenues.
Record sales at the eight-year-old Clovis store and an aggressive goal by Habitat’s new executive director, Matthew Grundy, to serve 10 times the number of families from last year led to the search for a second ReStore location.
A grand opening celebration will be held from 9 a.m. to 5 p.m. Oct. 1. The community event will have food, a bounce house, face painting, a mobile library and coupons to shop at the store.
Habitat for Humanity ReStore
4065 W. Shaw Ave., Suite 105, Fresno


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If you’ve been keeping up with the latest phone tips and tricks, device rollouts and technology updates, then you’ve likely heard talks of 5G cellular technology over the last year. 5G was deployed on a widespread scale in 2019 and has since become a major focus for cellular network providers and mobile device manufacturers.
To get the most out of your phone as the new technology rolls out to the consumer market, you’ll need to have a better idea of what to expect from 5G in 2020 and know how it will affect you.
What Types of 5G Phones Are Currently Available?
Many of the smartphone market’s manufacturers are already releasing 5G phones to the public. Verizon and Motorola were the first providers to offer 5G with the Moto Z3’s Moto Mod back in 2019, and a variety of other companies have followed suit by launching cutting-edge 5G phone models. Some brands that have already released 5G phones in the last year include:
While these are some of the first big names that have unveiled 5G devices — such as the Galaxy S20, the Oppo Reno 5G and the V50 ThinQ — other companies like Apple and Sony are also well on their way to 5G. Sources indicate that Samsung is currently working on expanding its portfolio of 5G-ready phones, while Apple may be designing its own antenna for its upcoming 5G model this year.
What 5G Benefits Do You Have to Look Forward To This Year?
5G technology is expected to continue to grow as more networks adopt it into their strategies. Currently, most of the major wireless carriers such as Sprint, T-Mobile, AT&T and Verizon have deployed 5G networks.
It’s important to understand that there are multiple types of 5G service, and they have huge gaps in capability. The three main forms of 5G include low-band, mid-band and mmWave service. While low-band 5G covers a large area, it has much lower data speeds than the faster versions of this technology. Meanwhile, mmWave 5G offers incredible performance at a staggering 10Gbps. The challenge that comes with high-band service is that it has a much smaller reach, meaning that only those who are close to a base station can use it.
Although 5G is rolling out in cities all over the United States thanks to the efforts of Verizon, AT&T and other providers, most 5G services offered to the public in 2020 are only slightly faster than the average 4G network. The fastest networks are currently appearing in densely populated areas, while the majority of smartphones that have it are only compatible with one type of 5G.
In other words, the widespread deployment of 5G is still in progress. Companies such as T-Mobile have already made low-band 5G accessible on a nationwide scale. Major cities across the U.S. such as New York City, Los Angeles, Dallas, Atlanta, Detroit and Cleveland are already seeing the growth of mmWave 5G.
While it could be a few years yet before we start to see super-fast 5G become mainstream in major industries, we expect to see network carriers and smartphone manufacturers continue to roll out 5G solutions throughout 2020. One thing is certain: to get the most out of your new iPhone or Android phone this year, it’s time to embrace 5G and everything it has to offer.
Contact The Whiz Cells today to learn more.


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The real estate situation in Canada is much better compared with other developed countries as the real estate crisis hit the globe. Real estate dealers, developers, traders, and other commercial businesses have been badly affected in the past years but now the situation seems to be under control. Most of the Canadian land used for garages and shops is under much pressure as there is an increasing demand but there is also an increase in supply as the government is now more focused on developing areas which are less populous and providing more facilities like education, healthcare, commercial areas, etcetera. The increased focus on government also enhances the budgetary spending as the government is engaging developers to rapidly develop such areas to increase supply for real estate like residential buildings including apartments, condos, house, villas, etcetera and commercial areas as well including garage, shops, office space, and also for industrial usage like warehousing and parking spots, etcetera.
The Increasing Rental and Ownership prices for Garage, Shops and other real estate in Canada
It is a surprise to the world that the real estate rental prices especially for residential and commercial properties like garage, shops are plummeting sky high. It is expected that Canada will soon be matching the rental rates being charged in the southern neighbor country and living in city centers and doing commercial activities will become a luxury only to the rich. Canada however unlike the United States has focused entirely on developing new areas and suburbs and connecting those areas with other important cities where trading activities are already underway in order to attract investors and residents to settle in such areas is a big step forward and has supported the real estate sector significantly. The prices however in city centers are unaffordable already for many households and small business owners and they are rapidly moving to areas neighboring such big cities in order to carry out their business activities.
The Growth of Classifieds Ads to Rent or Buy Garage, Shops in Canada
Classified ads have been the primary portal for trading for individuals, small businesses, and even large corporations. The attention of real estate merchants and traders has also been diverted to classified advertisement to rent, buy and sell garage, shops in Canada. Classified websites distribute an advertisement to millions of viewers as soon as the ad is approved and makes it easier for the respondents to directly contact the owner of the particular property. CatchFree.ca is one of the best classified ad sites in Canada and has made its mark and subdued all other similar websites by providing exceptional and efficient technology and a huge product portfolio whereby users can find everything they need under one roof. CatchFree.ca is totally free and does not require users to be registered first in order to use the site’s services. Visit CatchFree.ca now and enjoy hundreds of cheap deals in Canada!


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With many predicting a dire future for physical shopping outlets, 4C Associates’ Milan Panchmatia explains why shops will continue to play a key role in retail strategy.
There is no denying the huge impact online retail has had on bricks and mortar shops, however, that does not mean there is no place for physical store fronts in today’s world. Nowadays consumers are constantly bombarded with targeted messaging while developing increasingly short attention spans. Retail spaces have an opportunity to provide something different, an experience as opposed to a transaction.
Shopping for USPs
In the past, one of the attractions of visiting a shop, was expert advice, however this is no longer the perk it once was. More and more people rely on online peer-to-peer recommendations and carry out research before making a purchase. This is something companies such as Amazon have been able to leverage to provide customers with huge variety and competitive prices, alongside customer reviews.
Physical stores simply cannot compete in that area therefore the entire experience needs to be reconsidered. The focus needs to be on creating an experience for customers and adding extra value. For example, H&M’s new Westfield London store has a nail bar, Foot Locker’s store in Liverpool One has a barbershop and Ellis Brigham, in London has its own ice-climbing wall!!
Each of the above demonstrates how stores are becoming less about transactions and more about showcasing brands and creating experiences for customers. However, there are a number of more commercial innovations, which shops can also embrace.
Pricing, personalisation and beacons
Peak pricing reflects the ‘Uberisation’ of many commercial models and is expected to become common in supermarkets and petrol stations, before spreading throughout the retail sector. In practice it involves dynamic pricing of goods based on demand, for example, ice creams on a particularly hot summer day.
Tesco, Sainsbury’s and Morrisons have already trailed this technology using electronic price tags and experts predict fixed prices for consumer goods will be a rarity in a few years. This approach will enable customers to plan ahead for better deals and shops to offer flexible pricing enabling them to smooth out the peaks and troughs of demand throughout the day.
Store beacons, battery-operated wireless devices that transmit Bluetooth signals to smartphones, are another exciting opportunity. They allow shops to personalise messages to people within a shop, via an app. They are currently being used by some of North America’s biggest retailers, including Macy’s, Target and Urban Outfitters. Beacons create an incredibly personalised, real-time experience for customers, delivering relevant content to their connected devices.
Making stores sweat
Physical shopfronts have had a difficult few years and will continue to struggle unless they adapt. Having a physical presence for consumers to interact with can be an invaluable asset for any retailer, but it needs to be optimised for a changing customer base.
Peak pricing, in-store beacons and service customisation via online data, are all proven or highly promising ways to increase in-store revenue. Combined with in-store pick ups, these methods can produce significant ROI through upselling, whilst increasing customer loyalty.
Retail is changing, but there is plenty of life left in physical retail – companies just need to understand what they can and cannot offer. There is little point trying to match the breadth of choice of products available online, however, focussing on the experience of shopping is an area where shops have a huge advantage. If used correctly, bricks and mortar retail outlets can engage customers in a way the internet simply cannot and this is what the retailers need to exploit.


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BREAKING NEWS: The SARM ban is a real thing. What you need to know about the SARM ban and how to be prepared.
SARM’s are on the chopping block to be banned, not just by the FDA (which currently see’s SARM’s as illegal) but by the DEA, which would make SARM products Schedule III drugs under the law.
Under the law there are two types of illegal activities. The first is FDA law, which makes illegal the sale and distribution of illegal drugs sold into interstate commerce. This means that anyone selling or manufacturing SARM’s for sale would be guilty of breaking the law. Simple possession of these drugs is not illegal however. That’s where the law currently sits.
DEA has the jurisdiction over Scheduled drugs, which means that they are illegal to carry or possess. That’s currently being proposed by Congress as we speak. Congress sees SARM’s as equivalent to illegal anabolic steroids and should pass this bill quite easily to remove SARM products from the market.
Since the DEA makes the individual responsible, they usually carry a higher burden of notifying consumers of the legal nature of SARM products and under Schedule III law, there is a need to list out the products being made illegal. The current list of SARM products that are up for Scheduling are:
(S)-N-(4-cyano-3-(trifluoromethyl)phenyl)-3-(4-cyanophenoxy)-2-hydroxy-2-methylpropanamide (commonly known as ostarine or enobosarm);
(II) 4-((R)-2-((R)-2,2,2-trifluoro-1-hydroxyethyl)pyrrolidin-1-yl)-2-(trifluoromethyl)benzonitrile (commonly known as LGD-4033 or ligandrol);
(III) 9-chloro-2-ethyl-1-methyl-3-(2,2,2-trifluoroethyl)-3,6-dihydro-7H-pyrrolo[3,2-f]quinolin-7-one (commonly known as LGD-3303);
(IV) isopropyl (S)-(7-cyano-4-(pyridin-2-ylmethyl)-1,2,3,4-tetrahydrocyclopenta[b]indol-2 -yl)carbamate (commonly known as LY2452473 or TT701);
(V) 2-chloro-4-(((1R,2S)-1-(5-(4-cyanophenyl)-1,3,4-oxadiazol-2-yl)-2- hydroxypropyl)amino)-3-methylbenzonitrile (commonly known as RAD-140);
(VI) (S)-3-(4-acetamidophenoxy)-2-hydroxy-2-methyl-N-(4-nitro-3-(trifluoromethyl)phenyl)propanamide (commonly known as andarine);
(VII) 2-chloro-4-((7R,7aS)-7-hydroxy-1,3-dioxotetrahydro-1H-pyrrolo[1,2-c]imidazol- 2(3H)-yl)-3-methylbenzonitrile (commonly known as BMS-564929);
(VIII) 6-ethyl-4-(trifluoromethyl)-6,7,8,9-tetrahydropyrido[3,2-g]quinolin-2(1H)-one (commonly known as LG-121071);
(IX) (S)-3-(4-chloro-3-fluorophenoxy)-N-(4-cyano-3-(trifluoromethyl)phenyl)-2-hydroxy- 2-methylpropanamide (commonly known as S-23); and
(X) any salt, ester, ether, or substituted analogue of a drug or other substance described in subclauses (I) through (IX).
That’s a pretty short list of Ostarine, LGD-4033, LGD-3033, LY2452473, RAD-14-, Anadrine, BMS-564929, LG-121071, S-23. That means there are some SARM’s potentially left on the market, but the risk of making and selling these items becomes far more dangerous.
If you possess or sell these products after the law is passed, you will be committing a crime, which means you should immediately destroy anything in your possession. SARM’s are still legal for the short term, but they will likely be gone by July 2018.
So, that means if you can find them you have about 60-90 days to legally do your SARM cycle. Sadly, the only SARM products left on the market are usually poorly dosed research chemicals which means that they are likely made in someone’s bath tub with little to no quality control. Be careful because you can get very sick from overdosing these products and the carriers that they use. Better to support legal prohormones while they are still left on the market.
You don’t need SARM’s and can use legal prohormones. Prohormones like Pr have been shown to boost the steroids in the body that can lead to as much as 11lbs of muscle in a 28 day cycle. While these results are dependent on a proper diet and exercise program, legal prohormones are an alternative to SARMs.
The Basic Mass Stack has prohormones and natural anabolics that can be used for up to 12 weeks.


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DC Released Flashpoint #1 FanExpo Variant
DC will be selling the following Flashpoint #1 variant at next week's FanExpo held in Canada.
"The exclusive Fan Expo Canada variant cover edition of FLASHPOINT #1 will be available at the Fan Expo Canada Exclusives Booth for $10.00. Fan Expo Canada will be taking place at the Metro Toronto Convention Centre from August 25th through 28th."
Question: Is it a norm that big publishers sell variants at conventions?


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(Editor's note: This story contains disturbing images. View with discretion.)
"My elbow and my knee and then my right butt cheek hit the floor, I guess simultaneously, and my phone was in my back pocket, screen in, metal case out," Clear told the Sydney Morning Herald. "Two or three seconds later I was dusting myself off and it was fine, and then I just saw smoke coming out of my back pocket." He felt a "surging pain" and a "searing heat," he told the Herald. "I heard kind of a snap... and I could see it melting through my shorts."
Clear told the Herald he had "black discharge" on his leg and that "all this battery goo was coming out of the bottom of the phone."
The iPhone was "new from Apple Store. No alterations or modifications," Clear said on Twitter. Clear contacted Apple after the accident, and Apple gave him "a very technical-driven response," he told 9 News. He says he doesn't hold a "grudge" against Apple but was surprised by the company's response.
Issues of exploding iPhones have come up before. A New York man was hospitalized after he said his iPhone exploded in his pocket in 2015. A man in Phoenix said it happened to him in 2014, causing second-degree burns. A 13-year-old girl was burned by her iPhone in 2013.
iPhones contain the same batteries — lithium-ion — that are in hoverboards, drones and vapes. Lithium-ion batteries are often responsible for those items exploding as well.