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Electric vehicles sales could soar in the coming two decades if a report from Bloomberg New Energy Finance proves accurate.
The comprehensive report asserts that by the year 2040, a massive 55 per cent of all global car sales will be for electric vehicles. Bloomberg claims that annual EVs sales will initially grow to 11 million in 2025 before topping 60 million vehicles in 2040. By this time, EVs will account for 33 per cent of all cars on the roads.
One of the key reasons for the jump in sales will be due to falling prices of electric vehicles. The upfront costs of EVs should become competitive on an unsubsidized basis starting in 2024 and by 2029, EVs should reach parity with gas and diesel alternatives without incentives.
Additionally, the number of EVs offered will swell significantly. There are currently 155 electric vehicles available for sale around the world but as automakers increase their investment in such vehicles, there are expected to be 289 models available by 2022.
Read more: Car Scoops


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CD Projekt Red studio head Marcin Iwinski teases the possibility that the studio will reveal a new game at E3 next month, but says Cyberpunk 2077 won’t be at the event.
Video game developer CD Projekt Red reveals its development team for Cyberpunk 2077 is currently larger than the group responsible for The Witcher 3: Wild Hunt.
A recent development grant application from CD Projekt Red sheds some light on what gamers might see from Cyberpunk 2077, and it sounds like the studio is aiming high.
The Witcher 3: Wild Hunt executive producer John Mamais talks Cyberpunk 2077 in the pre-show segment of the Golden Joystick Awards, hyping up the upcoming title with a strong statement.
Recent speculation reveals the possibility of developer CD Projekt Red incorporating flying cars into its forthcoming futuristic role-playing game Cyberpunk 2077.
CD Projekt Red co-founder Marcin Iwinski explains how the forthcoming Cyberpunk 2077 will be another major immersion leap like The Witcher 3: Wild Hunt.
CD Projekt Red gives fans an update on its long-gestating sci-fi RPG Cyberpunk 2077, which will apparently only be unveiled once the studio has plenty to show off.
Cyberpunk 2077 developer CD Projekt RED offers an explanation as to why the company filed a trademark for the word Cyberpunk and how it affects others.
CD Projekt Red reveals a few files for its upcoming RPG, Cyberpunk 2077, have been stolen and are being held for ransom, though the developer doesn’t plan on complying with demands.
According to official job listings for CD Projekt Red, the developer’s forthcoming action-RPG Cyberpunk 2077 could potentially feature flying vehicles.

domain: news


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Nokia Lumia 610, Nokia’s cheapest smartphone running Windows Phone, will be available in India from next month for approximately Rs.11,000.
The Finnish handset maker had announced the Lumia 610 back in February this year in the Mobile World Congress. The company plans to release it in Indian markets by next month.
Nokia has already begun plans to make the smartphone available in other parts of Asia like Indonesia, Singapore, Malaysia, Hong Kong, China, Vietnam and Taiwan. The Lumia 610 will be available in these countries over the next two weeks. After its Asia launch, Nokia will is expected to release the smartphone in India around mid-May.
Viral Oza, MD, Nokia India, has confirmed that the Nokia Lumia 610
will be available for Rs. 11,000. The most affordable smartphone in Nokia’s Lumia series, the Lumia 610 will be powered by the Windows Phone Tango OS. With the affordable price-tag, if you’re expecting Nokia to cheap out with the Lumia 610’s hardware specifications, then you’re happily mistaken. The Lumia 610 is expected to be powered by an 800 MHz processor along with 256 MB RAM and 8 GB of internal storage. The smartphone will also be equipped with a 5 megapixel camera and full MMS capabilities.
In addition, the Lumia 610 will also come preloaded with several Nokia apps including Nokia Maps, Nokia Music, Nokia Drive and others. The Nokia Lumia 610 will be offered in four different colors- Black, White, Cyan and Magenta.


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West Virginia’s iconic resort, The Greenbrier, has announced plans for its 4th annual “Dream Tree for Kids” holiday gift drive, which aims to donate more than $1 million in toys and clothes to local and national charities.
The “Dream Tree for Kids” project is the brainchild of The Greenbrier’s owner Jim Justice, who initiated the massive holiday gift drive three years ago with his own donations, with the goal of ensuring that children throughout West Virginia and beyond wake up on Christmas morning with at least one gift to unwrap.
“Last year’s Dream Tree was such an amazing success that we knew we had to do it even bigger and better this year,” said Justice. “We believe that giving back to our community goes to the core of what The Greenbrier represents and is in keeping with our rich history.”
All gifts and proceeds from the “Dream Tree for Kids” drive will go towards the purchase of toys for children in need.
“It broke my heart thinking that my kids would wake up Christmas morning and not see any toys underneath our tree,” recalled a 2013 Dream Tree participating parent. “I couldn’t imagine what to do. But then, I heard about the toys through the Union Mission and The Greenbrier; getting the toys made my children have the most wonderful Christmas.”
For those who wish to donate items for the charity drive, The Greenbrier has provided two options for guests:
• Purchase an item for the “Dream Tree” from Fizzy’s Land of Oz at The Greenbrier
• Give a donation in the form of cash or a personal check (made payable to “Old White Charities”) at the Front Desk.
All donations must be received by Dec. 10, and are tax-deductible (receipts will be provided).


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The UK economy is hardly firing when growth accelerates by half, only to reach 0.3%q/q. Yet many would settle for that given the predictions made last year. For that thank a surprisingly strong service sector that’s supporting generalised weakness elsewhere. Until the other parts of the economy start moving, growth will remain sluggish.
Rise and fall. UK GDP grew by 0.3% in Q2 and is now 1.7% larger than it was a year ago. Once again the services sector was responsible, expanding by 0.5%. Both manufacturing and construction shrank, by 0.5% and 0.9%, respectively. For optimists, the strength of the service sector, representing 80% of the economy, shows the underlying resilience of growth with services now 2.3% bigger than a year ago. For the pessimists the falls in production output are being masked by a short-lived expansion of services that’s doomed to fall victim to the real income squeeze. On 3rd August we’ll find out which interpretation the MPC places most weight on.
Not so super. With output now 13% above its 2008 peak, the services sector has had a better recovery than the rest of the economy, which is up 9% overall. The UK’s retail and leisure sector has done particularly well over the past eight years, growing by more than 15%. Yet that run of good form may change. Output from retail & leisure has barely changed in real terms since late last year as the squeeze on households’ discretionary expenditure started to hurt. Instead it was down to business services and finance to contribute most to Q2’s growth.
Action. The UK’s film and television industry also deserves a special mention. It’s grown by a whopping 72.4% since 2014. Tax credits play a part, but only a cameo role. The industry’s strength is largely organic and home grown, and interwoven with a wider renaissance in the creative sector that includes music, design, advertising and technology. Around 80,000 people work in film and television, the majority in production and post production. And while London is clearly dominant, Glasgow has quietly established itself as the industry’s second city, with Belfast worth a notable mention too. And with the Giant’s Park Film Studio coming on stream, Northern Ireland’s film industry is only likely to continue to grow.
Softer. Businesses don’t like uncertainty. But, to paraphrase Donald Rumsfeld, there is no shortage of known unknowns at present. Professionals within Northern Ireland’s commercial property market signalled a softening in occupier and investment demand in Q2. That’s according to the latest RICS and Ulster Bank Commercial Market Survey. Expectations for both rents and capital values were also trimmed. Political uncertainty – including that linked to Brexit – is acting as a brake on activity. Investment enquiries were broadly flat in Q2 with the foreign variety notching up its fifth successive quarter of contraction. Over half of surveyors in NI (as in Scotland & London) report evidence of firms seeking to relocate out of the UK due to Brexit. One thing’s for sure, there will be plenty more uncertainty in the quarters ahead.
Lost decade. Stagnant incomes are a key issue of our times. Yet ever thus, the situation is more nuanced than headlines portray. Median real disposable incomes in the UK were up 1.9% in the year to April. But that obscures two diverging fortunes. First the time thing. Real incomes are only 7% higher than they were a decade ago; pre-crisis growth would bring this closer to 30%. Second is the age thing. Median incomes for retired households are up 18% in the past decade, yet are unchanged for non-retired households. A consequence is that while pensioner poverty has fallen, inequality among the retired is rising.
Not so fast. July saw the Eurozone’s rate of economic growth moderate for the second successive month. That’s according to the flash PMI which hit a six-month low of 55.8. No cause for concern yet though. It’s still a respectable rate of growth and new orders remain close to their multi-year highs. Job creation remains another bright spot with manufacturers registering their second-highest jobs gain on record. Eurozone economic growth in Q3 may turn out slightly weaker than Q2’s 0.7% q/q. but that’s still one the UK economy would happily swap places with.
(Un)Happy Birthday. You might say “no way” but the tenth anniversary of the financial crisis is approaching. August 2007 saw the first major indication that all was not well with US sub-prime. Ten years on and the US Fed last week signalled its readiness to unwind the quantitative easing undertaken in response to the crisis. The Fed may begin by phasing out reinvestments of maturing securities in September. But two things could get in the way. First, inflation is failing to rise as expected. Second, political agreement needs to be reached on raising the US government debt limit. Never straightforward.
Rebound. The US economy upped its performance in Q2, growing by 0.6%q/q. Consumer spending was the biggest contributor, adding almost 2 percentage points to the 2.6% annualised pace. Businesses chipped in too, with growth in equipment investment the fastest in almost two years. Less positive was signs of lower household savings to maintain spending (echoes of the UK). And there were further signs that inflation is slowing in the face of continued Fed tightening.
Shrink it! Coin clipping, the act of shaving bits off silver and gold coins, was once a treasonable offence. Today’s equivalent is firms reducing quantity while maintaining price. While no longer punishable by death it irks consumers and presents a statistical conundrum when measuring inflation. But is “shrinkflation” material? The fact is it only really matters in one specific part of the inflation basket capturing sugars, jams, syrups, chocolate and confectionary. Prices there have risen by 4.6% since 2012, but when you adjust that for shrinking portion size it comes to 5.9%. Higher, but hardly radically denting your standard of living, and probably enough to keep the food manufacturers out of the gallows.


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NEW YORK — Pop Up Grocer is accepting submissions for The Pop Up Grocer Fund, a combination of cash and creative services granted to an emerging consumer packaged goods brand.
Emily Schildt, founder and chief executive officer, described Pop Up Grocer as “the first experience-oriented grocery store” and a destination where shoppers discover new products from the “buzziest brands on Instagram.” Since launching three years ago, Pop Up Grocer has opened shops in New York, Los Angeles, Chicago and Austin, Texas, featuring hundreds of products from innovative food, beverage, home, pet and body care brands. The monthlong retail concept is set to debut soon in Miami.
The fund is based on a percentage of in-store sales from Pop Up Grocer locations. The selected business will appear on shelf inside a future Pop Up Grocer store.
The first fund recipient is Gwell, a line of plant-based functional snacks. Founder Fawziyya Sugai, a…


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tech2 News StaffOct 15, 2017 13:49:48 IST
Samsung is expected to kick-off its annual Developer Conference later this week in San Francisco and we could expect a few surprises at the event. Latest reports suggest that the event could see the unveiling of Bixby 2.0, an improved version of Samsung's virtual assistant.
According to a report by DroidLife Samsung has replaced its head of development for Bixby, In-jong Rhee. He is now replaced by Eui-suk Chung as in charge of further developing Bixby though the company did clarify in a statement to the Korean Herald that Rhee will continue to oversee the service intelligence group.
This suggests that Samsung has been rather unhappy with the response to Bixby worldwide and will be looking to change things with future iterations of the assistant. According to the Korean Herald report, the Korean tech company's mobile business chief Dong-jin Koh said, “We will supplement the incomplete parts of Bixby 1.0 with Bixby 2.0,” at a media conference.
“Outside developers will participate in the development of Bixby 2.0 although they could not for Bixby 1.0 due to time shortage,” he added. Bixby 2.0 is also expected to expand to third-party services and products beyond smartphones, an approach which has borne fruit for Amazon's Alexa.
Tech2 is now on WhatsApp. For all the buzz on the latest tech and science, sign up for our WhatsApp services. Just go to Tech2.com/Whatsapp and hit the Subscribe button.


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When you look at the April 16 testimony before House Loans Committee, AARPRI Advocacy Director Deanna Casey and voluntary Gerald McAvoy give lawmakers that many involved about cycle of payday loan is Rhode Island seniors. It show, Casey extra, "an expanding and you will high express." Pay check lenders address Societal Safeguards, disability and you will pros advantages.
Watch Casey and you may McAvoy's testimony beginning during the regarding the clips below, or you get check out the whole hearing. Together with, beneath the videos is the authored testimony AARPRI submitted to the fresh panel.
My name is Deanna Casey and you can I'm the latest Member Manager to have Advocacy having AARP Rhode Island, representing over 130,one hundred thousand players on the condition. Thank you for the chance to cam today. I want to give out AARP's enthusiastic assistance to own House Costs H7285, An act In accordance with Loan providers – Quick Loan companies, which could maximum higher-costs short-term credit, both named pay-day lending, that barriers lower income consumers within the a period from unaffordable debt.
Pay day loan providers costs outrageous rates of interest and you will enforce charge made to enable it to be unavoidable that borrower will not be able to repay the loan. Pay-day loan providers keep in mind that borrowers often will not be able to each other spend the finance making stops satisfy before next pay day, definition consumers was forced to re-obtain. Payday loans by-design are debt traps. The business model depends on remaining borrowers stuck in this enough time-label highest prices financial obligation. More 60% out-of cash advance money is created by consumers that have twelve or much more loans annually. Since industry leaders on their own approved, the fresh new payday lending enterprize model relies on remaining consumers in financial trouble.
The elderly are often targeted for these predatory fund. Regardless if earlier Americans do not make up a great disproportionate display off pay-day consumers total, they generate right up a significant and you may broadening express. Because listed by Wall structure Highway Journal, “particularly loan providers are all the more centering on recipients from Social Coverage or any other authorities positives, also impairment and veteran's masters.” A study commissioned of the WSJ means that payday loans stores cluster close housing getting older people additionally the disabled. Pay-day loan providers build this type of highest-cost loans accessible to borrowers whose merely revenue stream is actually a social Defense otherwise handicap examine despite jobs because of the federal regulators to help you limit pay day lender the means to access Societal Cover experts.
The brand new harm caused so you're able to elderly people because of the these lenders is profound. Increasingly, people are drawing near to its retirement age with a high, also unaffordable quantities of personal debt. The results off expensive financial obligation can be devastating, specifically at the same time into the an individual's life whenever income usually decreases, scientific expenditures boost, and you may leftover working decades is actually minimal.
The fresh harm cash advance result in isn’t restricted to the latest borrowers. Research conducted recently analyzed the fresh damage to the latest You.S. economy when you look at the shed spending plus work shed because a primary results of pay day financing. This new Opinion Cardio to possess People Monetary Invention (Insight Heart) found “the payday lending globe had an awful impression of $774 mil last year, evoking the projected loss of more than 14,100000 work. U.S. homes shed a supplementary $169 mil down seriously to a boost in Part thirteen bankruptcies regarding pay day lending utilize, taking the full losings to almost $1 mil.” That it amounts so you can a loss of “a projected twenty-four cents” into U.S. benefit for every dollar during payday loans Louisiana the appeal paid off. Pay-day lending can cost you Rhode Isle an estimated web loss of more than $step one.6 million.
It is time to stop the new over the top rates anticipate with pay check lending plus the damage they explanations so you can Rhode Area and its own customers.


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GARDEN CITY, N.Y., Jan. 8, 2018 /PRNewswire/ -- RV Winkle LLC, (RVW) owner of the BioPosture brand, a United
"The new, health-conscious middle class of China is demanding quality American products they can trust. Rising incomes combined with urbanization of moving 100 million workers into the cities by 2020 are driving this trend," said Savio Chan, the respected expert and author of "China's Super Consumer," which outlines the growth and dominance of China's 300 million-plus middle class population. "BioPosture will use the 'New Retail' model, pioneered by Alibaba Group, which combines online e-commerce along with offline distributors, to market and distribute BioPosture mattresses. This approach will allow over 730 million Chinese Internet users to shop our American-made sleeping products online by using mobile payment."
All BioPosture products feature CelliantŪ technology and have recently been determined by the FDA to be "Medical Devices" and "General Wellness Products" as defined in Section 201(h) of the Federal Food, Drug and Cosmetics Act.
BioPosture's infrared technology has been clinically-validated to temporarily promote increased local blood flow, resulting in greater oxygen delivery at the cellular level that promotes faster recovery and more restful sleep.
BioPosture, is the exclusive brand of licensee US healthcare professionals. Each BioPosture mattress is built on order then compressed for environmentally-sensitive shipment direct to each purchaser. Importantly, with a Letter of Medical Necessity from a licensed health care professional, BioPosture Mattresses can be made without the mandated chemical fire retardant. For more information, please visit www.bioposture.com or call Irwin Pearl at (888) 642-4800.
About US China Partners
US China Partners Inc., a privately held business development firm specializing in Market Entry, Joint Ventures, and M&A. US China Partner's experienced cross-Pacific team provides a valuable reservoir of exceptional corporate operations experience and know-how, capital market and venture capital experience as well as breadth and depth of technology knowledge. For more information about US China Partners, visit www.uschinapartners.com.
Media Contact: Bill Corbett 516 775 0435 firstname.lastname@example.org 516 428 9327
View original content:http://www.prnewswire.com/news-releases/bioposture-names-savio-chan-chairman-of-asian-operations-300579428.html
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Chinese online retail behemoth Alibaba is betting big on India. Earlier this year, the company invested about $500 million for 25% stake in mobile commerce firm Paytm. In June, Alibaba poured in another $600 million to hike its stake in Paytm to 40%. The Hangzhou-based company, along with Foxconn and SoftBank, has also invested $500 million in Snapdeal.
Alibaba shifts focus from early stage to established players
After having tested waters with Paytm and Snapdeal, Alibaba is now looking to invest in “more mature” companies in Indian e-commerce space. Sources familiar with the matter told the Economic Times that the Chinese company has appointed three bankers to scout for investments bigger than $100 million. The company has appointed Goldman Sachs, Citigroup, and Bank of America-Merrill Lynch for the task.
Tiger Legatus Master Fund was up 0.1% net for the second quarter, compared to the MSCI World Index's 7.9% return and the S&P 500's 8.5% gain. For the first half of the year, Tiger Legatus is up 9%, while the MSCI World Index has gained 13.3%, and the S&P has returned 15.3%. Q2 2021 hedge Read More
Sources said the Jack Ma-led company was shifting its focus from early-stage startups to well-established e-commerce players. Last year, Alibaba founder Jack Ma said India would be a priority international market for the company. Sources told the Economic Times that the Chinese giant was looking to replicate its China model in India.
Alibaba in no hurry
Alibaba is in no hurry as the Indian e-commerce market is yet to mature. It is currently screening multiple firms based on a variety of metrics, not just the gross merchandise volume (GMV). In fact, top Alibaba executives are frequently flying to India for meeting with e-commerce firms.
Indian e-commerce market, though nascent, has become fiercely competitive. Market leader Flipkart has raised more than $2 billion in the last year to maintain its dominant position. Last month, Amazon announced that it would invest $5 billion to expand its presence in India. Snapdeal is diversifying its offerings to attract more users. It would be interesting to see how Alibaba’s investment and technical expertise would benefit the Indian startups.
Alibaba shares fell 1.72% to $73.89 in pre-market trading Tuesday. The stock was dragged by a 6.35% decline in the wider Chinese stock market.


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Friends fans in or traveling to New York City will have something look forward to this fall, with a pop-up inspired by the hit show set to debut in Soho.
The Hollywood Reporter shares that the pop-up will include set recreations of series mainstays including Monica's apartment, Joey and Chandler's apartment and the coffee shop Central Perk. The experience will also feature "tons of photo opportunities and the chance to learn how to be as type A as Monica when it comes to cleaning."
The pop-up will be put on by Warner Bros. and Superfly for the shows' 25th anniversary and will run from Sept. 7 through Oct. 6, and tickets went on sale on Aug. 2 for $29.50 on friends25popup.com. Unfortunately, they've already sold out, though the site notes that "like Janice you never know when we’ll be back" and encouraged fans to sign up for updates.
Though tickets got snapped up in a flash, the site promises that limited-edition merchandise is coming soon, as are giveaways.
“It’s been nearly 25 years since Friends premiered, but the fascination and universal appeal of the hit TV series lives on with fans of all ages,” Warner Bros. consumer products' senior vp, global themed entertainment, Peter van Roden, said in a statement. “As we celebrate the show’s milestone anniversary, we are excited to bring the Friends experience to life for our fans in a way that pays homage to the remarkable cast of characters, iconic sets and instantly quotable moments.”
"We're excited to celebrate 25 years of fandom with the show's biggest immersive experience to date," added Superfly co-founder Jonathan Mayers. "The Friends New York City pop-up captures the series most memorable moments with the characters, memorabilia, set re-creations and exclusive merchandise."
A layout for the space shared by THR shows that attendees will move through space celebrating each of the six main characters on Friends, with Ross' section the stairwell where he, Chandler and Rachel tried to move a sofa, Phoebe's space marked with a guitar and Monica's with the infamous turkey. There's also an are inspired by the fountain that appears in the show's opening credits.
A Friends pop-up previously appeared in New York five years ago to celebrate the show's 20th anniversary, with lines stretching as far as three blocks long.
Photo Credit: NBC


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September 1, 2016
Acquiring funding, attracting customers, and spreading your brand are all very important for startups, and taking this journey in style is also a part of the path to success. Melody McCloskey, CEO of StyleSeat, the leading destination for booking beauty and wellness appointments, understands the importance of style in business and will be sharing her secrets with attendees at Innovate! and Celebrate 2016 later this month.
McCloskey has made a huge impact on the business world, whether it’s leading digital distribution at Current TV or receiving accolades for being one of Fast Company‘s “Most Creative People in Business”, she has shown that talent can come from the most unlikely places.
“If you have to fight harder to even be in the room, you’re more likely to fight to make a business work and be successful,” said McCloskey in an interview with Forbes. “That type of person is also not as scared of failure because they’re not starting from an easy place. They walk into a situation expecting it to be hard and feeling excited by the challenge.”
StyleSeat has brought McCloskey much success, and supported an ecosystem of beauty professionals that thrives under her watchful eye. The platform boasts 320,000 users and powered more than $1 billion in appointments. In addition to their continual success, StyleSeat has some of the highest-profile investors out there, including Ashton Kutcher, Sophia Bush, Guy Oseary and Uber CEO Travis Kalanick.
While Melody has made an impact in the tech industry, she continues to value the importance of one-on-one attention. Mentorship plays a large role in her life and she knows helping to mold another young mind into a prosperous entrepreneur is important.
“Many of these concepts and initiatives are learned with time but they’re great topics for a mentor to help with because you can get there so much faster and with the benefit of their wins and their mistakes,” said McCloskey in the same interview.
Melody McCloskey choses to change the business world and create a more supportive and productive place for budding entrepreneurs and seasoned experts. If you don’t plan on seeing her at Innovate! and Celebrate, you’ve made a dire mistake.
Register Now to Attend Innovate! and Celebrate 2016
Come join us at the Innovate! and Celebrate conference in San Jose, CA. The event will take place September 20 – September 22, and is held in partnership with the Consumer Technology Association (CTA).
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Google I/O 2017 dates are revealed by this freakishly hard puzzle
Google's annual I/O developer conference will take place May 17 - 19 at Shoreline Amphitheater in Mountain View, California. Google being Google, it chose an unconventional way to reveal the date and the location for ...
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Customer-centric brand, 9mobile has relaunched its Morelife Complete package, in a bid to enable its customers stay in touch with their loved ones at a very affordable cost.
Morelife Complete Package is a voice-based prepaid package that allows customers to make calls at 11k/s to all networks in Nigeria and to top international destinations including UK, USA, Canada, China, Norway, Denmark, Puerto Rico and Bangladesh.
There is a daily access fee of only N5 billed along with the first call of the day.
To activate the MoreLife Complete package subscribers can dial *620*1# and get the super 11GB data offer by dialing *230*1#.
Subscribers on the package will further enjoy an exclusive data offer of a whopping 11GB for just N3000 and other exciting benefits.
Acting Director of Marketing, 9mobile, Layi Onafowokan, said: “We are responding to our customers’ need to stay in touch with their friends and family both locally and around the world without worrying about expensive call rates especially with the varying degrees of physical and social restrictions in place at this time.”
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Cisco Live 2017: Manufacturers Start to See Value of Connecting Factories
Internet of Everything, Manufacturing, Core Networks, Security
Source: Phil Goldstein
Every minute of unplanned downtime in the manufacturing world can cost about $20,000, according to Gartner and other industry studies. Earlier this spring, Mark Franks, director of global automation at General Motors, said the carmaker has connected about a quarter of its 30,000 factory robots to the internet using Cisco Systems’ data platform and “has avoided 100 potential failures of vehicle-assembling robots by analyzing data they sent to external servers in the cloud,” according to a Bloomberg report.


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Auto lenders are taking an increasingly hard-nosed approach to identity theft fraud, and dealerships that don't properly screen for fraud are feeling the heat.
Here's why the growth of synthetic identity fraud in auto loans is leveling off in 2019 after six years of steep increases — and what scammers are trying now.
Audi Warwick, a Penske Automotive Group store in Rhode Island, developed its own feeder system three years ago to alleviate high turnover on the sales floor and in the service bays.
Honda wants to create a vibrant, enthusiastic atmosphere for visitors to its auto show stands. Not so much for auto writers but for the real audience: future car buyers.


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The Ghana Commodity Exchange (GCX), John Agyekum Kufuor (JAK)Foundation and Ghana Rice Inter-Professional Body (GRIB) have signed a Memorandum of Understanding (MoU) aimed at promoting the consumption of local rice, improving its access to markets and also enhancing its trade on the commodity exchange to help boost the economy.
The signing ceremony seeks to fulfill the mission and vision of three institutions which are aligned with the development of Ghana’s Rice Value Chain.
Speaking at the event, Chief Executive Officer (CEO) of Ghana Commodity Exchange (GCX), Dr. Kadri Alfah disclosed that this agreement is an intensive effort by the Government of Ghana, Private Sector, Developmental Institutions, NGOs as well as other agencies to increase rice production in Ghana and help bridge the gap between what Ghanaians produce, consume, export and import into its market.
“Ghana is blessed with climate, vegetation, fertile lands to produce rice to feed ourselves and even have surpluses to export. On our part, we will work with our partners to improve the rice business, provide warehousing to rice farmers, help manage post harvest loses, support the grading certification of rice to make exports standard. We will support the industry with quality controls; provide access to market as well as access to financing,” he stated.
Dr. Alfah further added that through the signing of the MoU, GCX is determined to work with its partners to support one of Government’s flagship programmes, ‘Planting for Foods and Jobs’ under the Ministry of Food and Agriculture.
“We will provide raw materials for new factories for the 1D1F project and open up export opportunities for the local farmers to sell their goods and return with the needed foreign exchange to enhance our developments. It is time that we see rice as a commodity that can help us to prosper. It has a huge potential,” he noted.
The CEO hinted that GCX will improve the level of information and market data that circulates in the industry adding that farmers will have access to real time market information.
Chief Executive Officer (CEO) of the John Agyekum Kufuor Foundation, Baffour Agyemang Duah was confident that through this project, rice farmers will be assisted and equipped with the necessary and needed logistics to boost their work rate.
“We will assist Rice Farmers with storage which will curtail the post harvest loses, GCX will also help them know how to negotiate for good prices and the value chain stands to gain a lot from this arrangement. After today’s MoU, when we get to the field, we begin to see the changes this will bring about. We will also continue with the public education and advocacy among farmers about these new opportunities to increase their yields and produce profit from their hard labour,” he stressed.
Rice production in Ghana is one that bears enormous potentials for the economy of Ghana and the wellbeing of its people yet the challenges have held back the sector from reaching its optimum potential. But GCX, JAK Foundation and GRIB say rice farmers can no longer fear the market risks suffered for years. The partnership will go a long way to ensure that farmers produce premium quality and an assured route to the market via the GCX.
President, Ghana Rice Inter Professional Body (GRIB), Nana Adjei Ayeh II was confident that the signing of the MoU will uplift the production of rice in Ghana.
“In Ghana, 70% of rice production is on rain fed whiles 30% comes from aggregation. This is tells there are lots of problems. Within the bumper season, there is enough paddy rice but just after the season, the country gets hit by rice shortage. Paddy rice production in Ghana is around 450,000 metric tonnes but with this agreement, we will shoot up to 750,000 metric tonnes next year,” he intimated.
Nana Ayeh II also revealed that measures have been put in place to save the post harvest loses among others challenges local farmers face in the business.
Financial Analyst, Sydney Casely-Hayford added that he is confident Ghana will meet the 2023 agenda of producing, consuming and exporting its own rice for its citizens.
“It will be earlier because the Ministry of Food and Agriculture has not really got its hands around the statistics, reporting numbers as best as it can. There is a lot more in the market space they are not captioning in their reports. If they were doing so, they will realize we have a far bigger capacity for rice production than what exists. What we have also seen is that there has been a good growth of processes. Those of us milling are seeing enough requests for rice to be milled,” he emphasised.
He called Financial Institutions to come on board and provide enough creative financing for millers to get enough paddy rice from the farmers.
“If that comes into place, it will help a lot. I think the Agriculture Development Bank (ADB) is begging to get back in stride as an Agricultural financing bank and if it does it well, we can be there long before 2023,” he stressed.
He however disclosed that Agriculture is a momentum which starts slowly but becomes bigger when the volumes catch up.
“I would not say we have failed as a State but we failed to focus on Agriculture which we should have done. We kept saying we are an Agrarian and Agriculture based economy yet we did not turn our attention on it. Now, the focus is coming and people are beginning to see the results of 1 or 2 years. It will turn around quickly. Agriculture is a momentum. It starts slowly but when the volumes catch up, then it just ‘booms’ and then it flattens out again. We will get to self-sufficiency in rice very quickly. We are doing well with maize, soya is still yet to catch up to its capacity but there are so many other commodities that have been focused on. Rice is the next big thing,” he stated.


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How To Score A Free Burrito At Chipotle
Chipotle announced that they will be 'freeting' on Twitter. Basically, whenever an on-air announcer says the word free, Chipotle will tweet out a specific code that can be redeemed for a free burrito or any regular priced entree. Chipotle will also be offering free delivery throughout the series. Every day from Thursday, May 30 to Sunday, June 9 as well as Monday, June 10, Thursday, June 13 and Saturday, June 16 if the series continues.


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The average Ford Mondeo owner covers more miles on UK roads than any other vehicle, a survey by warranty specialists Warranty Direct has revealed.
The research shows that on average â€˜Mondeo Menâ€™ cover 15,000 miles per year, compared to the national average of some 12,000 miles.
With a warranty claim rate of just 15 percent the Mondeo is also shaping up to be one of the most reliable cars money can buy.
Other cars topping the table include VWâ€™s Passat and the Audi A6 â€“ both covering in excess of 14,000 miles per year on average.
At the bottom of the table comes the Mazda 2, covering an average yearly mileage of just 6,500 miles.
While it will come as no surprise to garage owners that theyâ€™re likely to see more Mondeos on their forecourts than Mazdas, itâ€™s helpful to see that many of the highest-mileage cars are also the ones to require the least maintenance work.
The only exception to that rule seems to be VWâ€™s Passat, which according to Warranty Direct has a 44 percent chance of developing a fault. Ouchâ€¦


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DealShare raises $100M Series D led by Tiger Global
DealShare, an Indian social commerce startup initially focused on WhatsApp, has raised $100 million in a Series D funding round led by Tiger Global, after its $21 million Series C in December 2020 . The investment round also saw participation from private equity firm Stalwart and existing investor Vertex Ventures. DealShare is a social commerce platform that connects local merchants with consumers, enabling them to buy and sell products at wholesale prices.
According to sources, WhatsApp led the investment round, indicating the messaging app’s growing interest in the Indian e-commerce market . The company announced that WhatsApp now has over 100 million users in the country, making it the largest market for the app. This achievement comes after WhatsApp launched a series of initiatives to expand its reach in India, including the launch of a payment service and a business app .
DealShare’s unique approach to social commerce
DealShare’s unique approach to social commerce has helped it gain popularity among middle- and lower-income consumers in India. The platform allows users to browse through a range of products, including groceries, electronics, and fashion items, and purchase them at discounted prices. The company’s focus on local merchants has also helped it build a loyal customer base in smaller cities and towns across India .
DealShare’s success in India’s e-commerce market can be attributed to its ability to cater to the needs of consumers who are looking for affordable and high-quality products. The platform’s user-friendly interface and seamless payment options have also helped it gain traction among consumers who are new to online shopping .
The future of social commerce in India
The Indian e-commerce market is expected to grow significantly in the coming years, driven by increasing internet penetration and rising consumer demand for online shopping. Social commerce is expected to play a crucial role in this growth, as more consumers turn to social media platforms to discover and purchase products .
DealShare’s recent funding round is a testament to the growing interest in social commerce in India. The company plans to use the funds to expand its operations and reach more consumers across the country. With WhatsApp’s backing, DealShare is well-positioned to take advantage of the messaging app’s vast user base and expand its reach in the Indian e-commerce market .
DealShare’s recent funding round is a significant milestone for the company and the Indian e-commerce market as a whole. The platform’s unique approach to social commerce has helped it gain popularity among middle- and lower-income consumers in India, and its focus on local merchants has helped it build a loyal customer base in smaller cities and towns across the country. With WhatsApp’s backing, DealShare is well-positioned to expand its operations and reach more consumers in the coming years.


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On average, the industry pays out £9.8 million every day to households and £22.4 million per day to motorists. As traditional buffers of easy credit and savings are eroded, an insurance policy can be the last line of defence.
Yet the industry is under pressure. With consumers feeling the chill wind of austerity, the temptation to convert monthly premiums into a lump sum payment can be too much. Last year, fraudulent activity surged 23%, with fraud accounting for 11 in every 10 000 applications


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Who does not know the game Battlefield series. Games were popular through its multiplayer mode has a slick visual images and an interesting storyline.
According to an official invitation received by Gamespot, Electronic Arts and DICE plans to celebrate [...]
Help reveal the composition of the Earth’s core.
A number of Polish geologists managed to dig the largest meteorite ever found in Western Europe. They hope their findings could help reveal the composition of the Earth’s core.
“We know [...]
You are one of the fans of the game Plants Vs Zombies? If yes, then this time there is interesting info for you.
Quoted from Ubergizmo, Wednesday (8/5), the latest version, Plants Vs Zombies 2: It’s About Time, is reportedly ready to slide in July [...]
The talk on social networking Twitter.
A photo cards appalling universe of cyberspace, especially on social networks. From the photo clearly visible a business card Apple Canada to that of a man named Sam Sung.
A business card is interesting when related [...]
The wait is over, this month, the new Bluetooth device is finally released, so what can we expect from this new device ? Well, as for the design, the new Divoom Voombox outdoor as the name suggests is specifically designed for outdoor uses. It also comes [...]
News of the warm coming from two future Samsung products mentioned in this release, the Galaxy Tab 3 and Galaxy Note 3.
Quoted from Ubergizmo, Thursday (21/3), both rumored to appear first on IT exhibition IFA 2013 in Berlin, Germany.
This event is scheduled [...]
Forget for a moment about advanced products. During the next week, TechBoom will discuss more about the person behind the successful world of IT companies in his career.
The first person to be examined is Steve Ballmer. Are there some of you who’ve [...]
Jakarta – Plastic may be a major culprit in the garbage problem in some countries. However, Japan had already found a solution for reducing plastic waste. A Non-Government Organization (NGO) from Japan named Ecoparty come to Indonesia to introduce [...]
Linux developers, Canonical, claims a new version of Ubuntu 13.04 or so-called Raring Ringtail more efficient.
According to the Canonical claim, Raring Ringtail has improved performance. Among other uses fewer resources, faster boot times, lower [...]
Good news for all you lovers of the game The Sims. Electronic Arts officially announced that The Sims 4 ready to be released in 2014.
Quoted from Ubergizmo, Tuesday (7/5), EA sure about human life simulation game is being developed for PC and Mac.
The use of female anime characters are cute.
On Monday (10/29), Microsoft Corp Chief Executive Steve Ballmer said that since its launch last week, the rate of sales of Windows 8 exceeds the rate of sales of Windows 7, which is the top-selling version [...]


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Wisconsin School of Business helps Capital Brewery tap into craft beer markets
The craft beer market is booming, which is good news for Capital Brewery, one of Wisconsin’s first craft breweries and an iconic Madison brand. But the craft scene shifts quickly, and to keep up, Capital recently enlisted help from the University of Wisconsin–Madison.
Last spring, MBA students from the Wisconsin School of Business completed a case study on Capital Brewery as part of a brand management course led by Tom O’Guinn, a professor of marketing. The students considered how Capital, a well-known brand with an established local market share, could position itself to capture more growth in the expanding craft beer market.
Capital Brewery’s Bier Stube
“A few years ago, craft beers were only four or five percent of the market, and we’re now seeing a wave of growth that started on the West Coast and is moving our way, with that market going to 25 to 30 percent,” says Scott Wiener, president of Capital Brewery. “We needed to capture that growth opportunity.”
O’Guinn’s class broke into eight groups, each tackling a different aspect of the marketing challenge facing the brewery. The company opened up its books, allowed students to speak to local distributors, and provided a rare look at its financial issues and manufacturing challenges.
The students developed detailed recommendations around five issues: expanding distribution in key regional target markets; creating a marketing strategy for Capital’s Middleton-based facility; elevating its flagship Wisconsin Amber; identifying the Capital Brewery consumer and best marketing approaches; and examining the untapped potential for craft soda.
Capital Brewery is now in the process of implementing the recommendations and has hired two of the MBA students to assist with the rebranding and expansion effort. Tim Annis was hired as a consultant to help implement expanded distribution strategies and efforts to target the millennial market, and Daniel Antivilo was brought on to make improvements to the company’s website to support expanded social media efforts.
“It’s a collaboration that will allow us to take advantage of a unique opportunity to grow our business and expand our brand.”
“This project gave Wisconsin MBA students a chance to see the economic impact of their ideas and to help one of the oldest craft breweries in the state compete in a rapidly changing market,” says O’Guinn. “As a result of this partnership, the MBA students were able to tackle a real-world problem and get a better understanding of the challenges business leaders face on a regular basis.”
Wiener and Richard King, a shareholder and director at Capital, say the company was impressed with the caliber of data analysis provided by the students. “The students came up with important, relevant insights that will allow us to expand our presence in a growing craft beer market while remaining true to our brand,” he says.
“It’s one thing to have a gut feeling, as many of us did, about how to proceed in a time when our industry is changing,” King adds. “But it is so valuable to be able to partner with the Wisconsin School of Business and work with these MBA students, who have great professional experience and a tremendous understanding of the latest marketing trends and tools. It’s a collaboration that will allow us to take advantage of a unique opportunity to grow our business and expand our brand.”


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Q: Does it look like my good fortune with my H.J. Heinz Co. shares will continue?
F.C., via the Internet
A: Frozen potatoes and soy sauce have never looked so good.
The global producer and marketer of packaged foods, led by strong gains of those two popular products, turned in a 12 percent increase in net income in its fiscal first quarter, ended July 30.
Sales rose at least 20 percent in every foreign region, producing double-digit earnings that compensated for a slump in sales to U.S. restaurants. The company generates about 60 percent of its sales outside the U.S.
Heinz intends to offer more than 400 new products within two years and increase its marketing budget by up to $100 million to support those items. Despite increases in the price of corn, wheat and oils, consumers have not revolted against the price increases in the firm's products.
Shares of Heinz (HNZ) are up 13 percent this year following a gain of 4 percent last year and 33 percent in 2006. Activist billionaire investor Nelson Peltz, whose Trian Fund Management LP owns about 4.9 percent of outstanding shares, is commending the company for doing a "phenomenal job."
This firm best-known for ketchup is anticipating major acquisitions.
"Campbell would represent a nice fit with the company," Heinz Chief Executive William Johnson said of Campbell Soup Co. in response to a shareholder question at the annual meeting. "We are always looking for opportunities to expand and grow."
Heinz recently completed its acquisition of Paris-based saucemaker Benedicta to increase its sauce business in France. It is hiring 350 workers at a new plant in South Carolina to make its Weight Watchers Smart Ones and Boston Market frozen meals.
The consensus analyst rating on Heinz stock is "buy," according to Thomson Financial.
After five years of restructuring and cutting costs, Heinz must compete with greatly improved private-label products of supermarket chains. There also might be a tipping point at which customers rebel against rising prices. Furthermore, the bulk of Heinz sales come from its top 15 brands, with many of its other items considerably less productive.
Heinz earnings are expected to increase 10 percent in each of the next two fiscal years. The five-year annualized return forecast is 8 percent versus 9 percent predicted for the major diversified food industry.
Andrew Leckey is a Tribune Media Services columnist. E-mail him at email@example.com.


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A ban on equipment from certain manufacturers, under consideration by the FCC, would put some rural carriers out of business, argued Huawei in a letter to the commission this week. China-based Huawei is one of the companies that recipients of Universal Service Fund support could be prohibited from using if the FCC moves ahead with the proposed ban, which the FCC is considering as a means of enhancing network security.
Accompanying the Huawei FCC letter were quotes from numerous stakeholders arguing against the proposed ban.
The FCC’s proposed equipment ban came to light in a notice of proposed rulemaking (NPRM) adopted earlier this year. At that time, FCC Chairman Ajit Pai expressed concern that communications equipment from certain companies could have “hidden ‘back doors’ to our networks” and could provide “an avenue for hostile governments to inject viruses, launch denial-of-service attacks, steal data and more.”
The proposal stops short of naming companies whose equipment would be banned but suggests that one possibility would be to comply with funding restrictions already imposed by other federal agencies such as the Department of Defense. The DOD is already prohibited from using certain telecom equipment from Huawei and another Chinese company, ZTE.
Huawei FCC Letter
In its letter to the FCC, Huawei notes that the company gets 60% of its revenue outside mainland China and supports more than 500 telecom operators in more than 170 countries. In the U.S. the company’s main customers are small rural service providers. “many of whom are attracted to Huawei as a result of Huawei’s commitment to affordable, quality products and attentive customer service,” the letter argues.
Huawei goes on to argue that its lack of presence in the U.S. would “raise prices, harm competition, hinder innovation, and ultimately delay 5G deployment” and that some carriers would incur costs in the hundreds of millions to comply with the NPRM, while others would go out of business entirely.
The letter also makes an argument that other opponents of the proposed ban have made.
“[A] blacklist on certain equipment vendors does not address the reality that cybersecurity risks arise from various points of vulnerabilities in an international supply chain,” the letter says.
“[T]he global and complex nature of the telecommunications supply chain necessitates a comprehensive security framework to protect against threats,” the company continues. “This framework should be developed as part of an inter-agency effort involving government entities with the authority and expertise to consider security issues.”
The supporting quotes included with the Huawei FCC letter came from telecom associations NTCA – The Rural Broadband Association, WTA – Advocates for Rural Broadband, Competitive Carriers Association and Rural Broadband Alliance, along with six individual service providers, most of whom are wireless providers.
Service providers noted that Huawei equipment was less expensive than other offerings and that the company provided a good product and good customer service. Several noted that their networks were highly reliant on Huawei equipment, representing 70% to 80% of network equipment or 100% of one company’s wireless core and wireless radios.
One of the strongest voices of support came from Nemont, which provides mobile service in rural Montana and North Dakota under the Sagebrush name. The company argued that if Sagebrush were to lose USF funding as a result of the proposed rule, it estimates the cost of replacing its network at around $57 million, which would reduce its network by almost two-thirds, shrinking from 161 to 55 cell sites.
“In some areas where Sagebrush is the only wireless carrier, 911 service, as well as voice and mobile broadband service, will be lost,” the company states. Nemont/Sagebrush also notes that it covers 173 miles of the U.S.-Canadian border and provides service to more than 75 border patrol and U.S. customs agents.
It’s important to note that the NPRM does not propose requiring USF recipients to remove existing equipment from banned companies from their networks, but there are gray areas, including whether any equipment upgrades from those vendors would be prohibited.
A news story from Bloomberg yesterday provides ammunition for both sides in the Huawei FCC face-off.
According to Bloomberg, Amazon discovered evidence of possible spying into telecom networks by China in the form of a tiny microchip found on a circuit board used in a server from U.S.-based Elemental, a company Amazon was considering purchasing. Those servers were manufactured for Elemental by U.S.-based Super Micro Computer, but Super Micro apparently was unaware of the microchip on the circuit board, which was manufactured by a supplier in China and wasn’t part of the original design but instead was inserted during the manufacturing process.
Proponents of the FCC’s proposed ban may point to this story as an example of why the ban is needed. But opponents will argue that this development instead illustrates that a ban on certain manufacturer’s equipment is not the best way to enhance national security but instead illustrates the need for a security framework that encompasses all elements of the telecom supply chain – including components manufactured in other countries but used in equipment designed by domestic companies.


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Southeast Alaska tourism businesses reeling from Canadian cruise ship ban: ‘It’s cataclysmic’
JUNEAU, Alaska (KTUU) - Southeast Alaska tourism businesses are reeling after Canada extended its cruise ship ban until next February, likely ending Alaska’s large cruise ship summer sailing season.
“It’s cataclysmic, it’s such an important part of the state’s economy, certainly Southeast Alaska’s economy,” said Zak Kirkpatrick, a spokesperson for Allen Marine Tours.
The family-owned company has been operating in Southeast since 1967 and is one of the region’s largest private-sector employers, typically hiring 600 staff working in the summer. This year is uncertain.
It also operates Alaska Dream Cruises, which are small U.S. flagged ships that are able to sail in Alaska this summer.
Allen Marine Tours will be open in the summer for independent travelers and Alaskans, likely taking tours to Glacier Bay and Tracy’s Arm, but that won’t make up the shortfall from losing the summer cruise ship season.
“Those tours and experiences for us, and many other companies, are very supplemental at best,” Kirkpatrick said.
Gastineau Guiding is looking at a similar level of uncertainty for 2021. Sierra Gadaire, the Juneau-based company’s general manager, said Thursday’s announcement was a “gut punch.”
Large cruise ships didn’t come to Alaska in 2020 and the company didn’t have a season. Gadaire said Gastineau Guiding solely serves large cruise ships and their passengers. She didn’t know if the company would try to pivot to serve independent travelers in 2021.
The owners of brick and mortar stores face a difficult year ahead, too.
Jack Tripp, the owner of Mt. Juneau Trading Post, said his store saw an 81% decline in revenue in 2020. The Canadian government’s decision to extend the ban came as a surprise.
“It’s very difficult to plan when you don’t know the rules of the game,” Tripp said.
He joined other business owners in hoping that Alaska’s federal lawmakers can secure a waiver that would allow large cruise ships to visit the state without stopping in Canada first.
Tripp said his business would survive 2021, but others likely wouldn’t.
Southeast Alaska, and much of Alaska in general, faces another year of economic hardship if no large cruise ships come. Southeast Conference reported that the region lost $800 million in revenue from the non-existent 2020 cruise ship season. That revenue loss hit the region unevenly.
Skagway’s Mayor Andrew Cremata said the municipality is now looking into how it will survive on 6% of its usual revenue. He is going to speak to the Skagway Assembly on Tuesday to lay out a plan for how the city and its residents would financially survive 2021.
Cremata said he would be lobbying Alaska’s congressional delegation to get relief for Skagway. “Barely getting by is a whole lot better than not getting by,” he said.
Copyright 2021 KTUU. All rights reserved.


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The Manitowoc Company Inc. (NYSE: MTW), Manitowoc, WI, reported full year sales for 2014 of $3.9 billion, a decrease of 4 percent from the previous year. Profit increased 1.9 percent to $144.5 million.
Sales for the fourth quarter were $1 billion, a 1.6 percent decrease from the same period a year ago. Profit increased 60.8 percent to $33.6 million.
“Macroeconomic headwinds continue to put downward pressure on demand for our products and solutions, which muted enterprise results for the fourth-quarter and full-year 2014. In addition, we failed to realize some opportunities that we expected to come to fruition during the quarter,” said CEO Glen E. Tellock.
On the same day it reported earnings, Manitowoc also said it plans to spin off its foodservice and cranes businesses into separate publicly traded companies. The company's cranes business had sales of $2.3 billion and foodservice had sales of $1.6 billion in 2014. It expects the spinoff to be completed in the first quarter of 2016.
"We believe the separation of cranes and foodservice will position these businesses to take advantage of anticipated long-term improvement in demand and other opportunities in their respective markets,” said Tellock.


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Feb 23, 2018
Electric powered Minis to be built in China
Electric-powered Mini cars are to built in China, as well as in Oxford where most Mini cars are currently made. BMW, the owner of the Mini brand, said it had agreed an outline deal with a Chinese manufacturer Great Wall Motor. Cars made under that partnership will be for the Chinese market. The deal will not affect BMW's plan, announced last year, to assemble the first electric Minis in Oxford from 2019. Those cars will use electric motors made in Germany.
Make a complaint about BMW by viewing their customer service contacts.