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Europe's largest car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.
Three in every 10 new vehicles in Germany, including luxury BMWs, are sold not to customers, but to carmakers and their dealers - a type of automotive industry pump priming known as “self-registration”. At nearly half a million such registrations in the first six months of the 2012, the total is greater than the entire new-car market in Spain.
So, while official figures reflect show a 0.7 percent rise in German car sales for the half year, numbers from market researchers show that private demand fell five percent during that period.
In other words, all the growth has been manufactured by the manufacturers.
Ferdinand Dudenhoeffer, head of automotive thinktank CAR at the University of Duisburg-Essen, said: “Essentially, the carmakers are deceiving their shareholders, since they make it look as if the vehicles were actually sold. They want to pull the wool over their eyes.
Industry watchers say manufacturers across the board are paying dealers cash bonuses that can be worth 3-4 percent of a vehicle's listing price to reach targets linked to the number of new cars registered as officially sold, whether or not there is a real customer behind that purchase.
GM France president Yves Pasquier-Desvignes warned the tactic can have a “devastating cost” for dealers, who might, for example, boost their test-drive fleets to meet registration goals, but then end up caught in a vicious circle.
“If you push at the end of one month, you start the next one in deficit because you've registered a car you still have to sell,” he said.
And when dealers can no longer keep it up, carmakers do it themselves.
As a result, the two account for a combined 30 percent of the new car market, making the industry the second largest source of demand behind only private customers, who account for 39 percent.
Marc Odinius, who tracks the phenomenon as general manager for Frankfurt-based Dataforce, commented: “The phenomenon has really been the increasing number of vehicles registered directly by the manufacturers themselves.”
He explained that carmakers' own share of the new-car market had risen from 5.5 percent in 2009 to nine percent this year.
Researcher Gareth Hession said: “I was surprised how high self-registrations are It seems that people are burying their head in the sand.”
PRICING POWER COMPROMISED
While new car sales last year were flat compared with 2007, the volume of used cars sold has been steadily growing, rising 8.7 percent over that period, which would chime with a rise in self-registration vehicles subsequently shifted as used cars at discounts that can reach as much as a third of the list price.
Peter Fuss, senior advisory partner at Ernst & Young's global automotive centre, warned: “If that goes on for a long time, there’s an enormous danger that they will completely erode all pricing power, and manufacturers can no longer expect customers will pay more for a car in the future.
A classic example of where endemic discounting can lead was demonstrated in the United States after the September 11 attacks.
“This cut-throat competition waged through rebates and incentives resulted in nearly all North American carmakers and major suppliers filing for bankruptcy protection at one point or other, with the exception of Ford and Magna,” explained Fuss.
Some self-registered vehicles are legitimately needed as corporate cars for employees or test drive vehicles for dealers, and Odinius points out that there are more than 400,000 domestic auto workers who might run cars registered to the manufacturer's own fleet, more than three times the figure in France. And there are also more dealers relative to Germany's population than in other European countries.
But the German Federation for Motor Trades and Repairs argues that 15 percent is sufficient to cover the natural industry needs, while the other half just wind up as used cars that have to be marked down heavily.
Federation president Robert Rademacher siad: “If you stripped out those distressed vehicles that have been registered only to gather dust on the parking lot of a dealer or manufacturer, then the size of the German new car market would have been below three million vehicles last year, instead of 3.17 million,
“And it's not only irresponsible but also counterproductive to use force to jam these vehicles down the market's throat, since it doesn't lead to higher sales in the end. It only creates distortions down the road.”
LUXURY BRANDS, TOO
Few carmakers want to discuss the issue. German auto industry association VDA, which represents brands such as Volkswagen and BMW, called figures that listed 480 000 self-registered cars in the first half of 2012 as “exaggeratedly high”.
For makers battling for survival, even razor-thin margins are better than none at all, but successful makers selling luxury cars also do it.
Rademacher said: “I would be somewhat more sympathetic were it just carmakers such as Opel or Peugeot reaching into their bag of tricks out of desperation, since they depend so heavily on demand in austerity-hit southern Europe. But it's not.”
All three German premium brands sold at least a fifth of their domestic volumes back to themselves or their dealers, with BMW's own flagship marque coming in the highest at 29 percent, even higher than Volkswagen.
When shown the data, BMW boss Norbert Reithofer said he was not involved in the specifics and deferred all questions to his sales chief, who was not present, before finally arguing such measures were encouraged by the media's focus on volume rather than returns.
“I would rather forego selling 2000 cars with borderline contribution margins, but it's a balancing act,” he said. “You also have to consider what impact this might have on market share and how long it would take before you've gained that back.”
A spokeswoman for BMW later said it offered incentives to dealers to boost the number of customer test drives, and as a direct effect there was a greater number of self-registrations.
IRRATIONAL RACE FOR VOLUME
Rademacher was scathing. “It's precisely the premium automakers that are engaged in an irrational race for volume, although they are the ones that should be avoiding even the slightest semblance of using force. Registering cars for customers that don't actually exist does not benefit a luxury brand.”
BMW is not the only successful carmaker to increase self-registrations. Hyundai's first-half volumes in Germany rose more than 17 percent and its share grew to 3.2 percent - catapulting it past established European rivals Peugeot and Fiat this year.
But research shows that the number of new Hyundais sold to either the company or its dealers nearly tripled during the period, accounting for 42 percent of overall volume.
Hyundai Germany said this was due to temporary factors such as the launch of five new models and a promotional roadshow in 25 German cities to woo fleet customers. But it also admitted catering to those buyers wanting a new car for the price of a used one.
The extent to which self-registrations are used to inflate market figures elsewhere in Europe is difficult to estimate, since neither manufacturers nor dealers have any way of reliably tracking the development, although GM's Pasquier-Desvignes puts it also at about 30 percent.
Had Germany's new car market not managed a modicum of growth, western European new car registrations would have shrunk at a much faster rate than the first half's 6.9 percent. Excluding Germany, the rate of decline was 9.2 percent.
Rademacher's pleas to carmakers to “accept reality” and stop stuffing the market appear to be falling on deaf ears.
“We can only appeal to the reason of the manufacturer, something we do at every possible opportunity. But unfortunately reason is a rare commodity in this world,” said Rademacher. - Reuters


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A new one phishing campaign targets subscribers of the streaming platform. Cybersecurity researchers fromArmorblox spotted and denounced this scam on Tuesday, July 28.
The scammers were doing it in an ingenious way. Emails were sent to users. They contain a message about their account Netflix, explaining that their personal data, in particular their banking data, need to be updated within 24 hours otherwise the account will be closed.
In these emails, there is a link to “update personal data”, which leads the victim to a website. This last one is a perfect copy of the official Netflix website. It first invites users to connect, allowing hackers to know their password.
Then the trapped people enter their bank details or their credit card details. Thus, hackers have recovered the bank details of many users who did not imagine for a second that they were the victims of a scam.

domain: news


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The holidays are coming and so is the Coca-Cola Christmas truck.
Every year, the soft drink brand bring their festive trucks to various cities around the world.
Today's top videos
STORY CONTINUES BELOW
It's back again in Ireland this year and over three weeks, it will visit 11 spots.
This year, Coca-Cola promise their tour will be even better as you can buy you own merchandise with all proceeds going to charity.
The tour, which is now in it's eighth year, has delighted thousands across Ireland with many more visitors expected to experience the magic in 2018.
The truck will make its first stop in Galway on November 30 with a further 10 stops in towns and cities across the country.
It's final stop is in Dublin on December 16.
Each Truck Tour stop will feature a glittering wonderland setting nestled among a festival of lights.
Visitors can enjoy a can of Coca-Cola Zero Sugar, Diet Coke or Coca-Cola Original Taste at each stop, enjoying exclusive photography opportunities and creating magical memories that will last a lifetime.
Country Manager of Coca-Cola Ireland Petre Sandru said: 'Christmas is all about sharing festive goodwill with friends and loved ones.
'We can't wait to start spreading holiday cheer across the island of Ireland with the return of our iconic red truck.
'We're excited to announce lots of new additions at each stop, with the tour bringing a sprinkling of festive magic to our customers and also reinforcing an important message by encouraging more people to recycle on the go.'
The Coca Cola Christmas Truck Tour
- Friday 30th November: Galway SC
- Saturday 1st December: Liffey Valley SC, Dublin
- Sunday 2nd December: The Parade, Kilkenny
- Thursday 6th December: Drogheda Retail Park
- Friday 7th December: Limerick Park Way
- Saturday 8th December: Mahon Point, Cork
- Sunday 9th December: Waterford, Winterval
- Tuesday 11th December: Military Barracks, Tone Street, Ballina
- Friday 14th December: SSE Odyssey, Belfast
- Saturday 15th December: Foyleside SC, Derry
- Sunday 16th December: The Square, Tallaght, Dublin


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The OnePlus 12 will include a 64MP periscope telephoto camera, the company has confirmed. OnePlus confirmed as much via Weibo, as it said we’ll get more information on November 12.
The OnePlus 12 will include a 64MP periscope telephoto camera
What about the phone’s other cameras? Well, the OnePlus 12 is expected to have three of them on the back. Based on the information that we’ve seen thus far, the main one will be a 50MP unit from Sony.
OnePlus will allegedly utilize a Sony LYT-808 camera, the same one it used on the OnePlus Open. Some rumors suggested it could be the Sony LYT-900, but it seems like it won’t be. OnePlus will allegedly opt for the LYT-808 for stability reasons, to offer a great experience out of the box.
This kind of makes sense, as in the past, OnePlus’ phones did need a couple of updates to improve the camera experience, and bring it to the level those phones deserved. It seems like OnePlus wants everything to be perfect out of the box.
The ultrawide unit will seemingly be the same as on the OnePlus 11
What about the third camera, the ultrawide one? Well, based on what Abhishek Yadav said, it will be a 48-megapixel unit from Sony, the Sony IMX581 sensor. That’s actually the same sensor used in the OnePlus 11 (for the ultrawide camera).
Based on this, the OnePlus 12 is set to use a 50-megapixel main camera (Sony LYT-808 sensor), a 64-megapixel periscope telephoto unit (OV64B, based on rumors), and a 48-megapixel ultrawide camera (Sony IMX581 sensor).
Now, the aforementioned tipster, Abhishek Yadav, said that the phone’s periscope telephoto camera will support 3x optical zoom. That’s kind of disappointing considering this is a periscope camera. We are hoping for at least 5x optical zoom, but we’ll see. Either way, even 3x would be an improvement as the OnePlus 11 offered 2x optical zoom.
In case OnePlus ends up offering 3x optical zoom, we’ll surely get some sort of hybrid zoom at 6x or something like that, similar to what the OnePlus Open offers.


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The hundreds of attendees who hit last week's BEST Fest's series of cleantech symposia and other events also encountered a handful of pre-revenue companies that'll provide tomorrow's sustainable jobs.
Typical of the companies is the so-far nameless outfit that'll be launched by founder Mohammad Ghazvini. Ghazvini discussed his intentions with attendees who flowed through the BEST Fest's exhibit space.
Keeping it cleantech: Scenes from this year's BEST Fest
Ghazvini co-developed a device that reduces waste energy, by 25 percent to 40 percent, and increases efficiency when used for different applications. The device, currently in the prototype phase, is being developed as Ghazvini works with Oregon State University's Advantage Accelerator program.
Without a company name, Ghazvini is calling his venture MicroCHX.
"This can be used for residential-distributed heating compared to central furnace space heating," said the engaging Ghazvini in between greeting visitors to his exhibit. "Therefore our technology is a technology for clean environment and reducing energy waste."
The device is small and lightweight but still maintains up to 98 percent combustion efficiency and more than 92 percent thermal efficiency.
"It's small: It could actually fit in a backpack if you wanted," Ghazvini said.
Along with its exhibitors and a dynamic keynote speech by author Jay Harmon, the BEST Fest featured an array of seminars designed to help early-stage cleantech companies develop their operations. Click through for a closer look at some of the people, companies and other sights at the 2013 BEST Fest.


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|By PR Newswire||
|April 16, 2014 05:00 AM EDT||
LUXEMBOURG, April 16, 2014 /PRNewswire/ --
sellXed, a leading provider of high-quality e-payment solutions, offers easy integration of Yapital with payment modules for 17 shop systems / Plus, free updates and support for one year
Whatever the shop system, it is now even easier for owners of an online shop to integrate the innovative cross-channel payment solution Yapital into their payment portfolio. With sellXed, the software portal for online shops by customweb, suitable Yapital modules for online shops of all sizes and across virtually any interface are now available.
Business customers also benefit from regular updates and individual support in the first year. The plug-ins for 17 shop systems are available on Yapital's sellXed download page http://www.plugin.yapital.com for all countries using Yapital, which significantly increases the new cross-channel payment's technical availability.
The plug-in can be downloaded instantly, and is easily integrated into the online shop system without requiring additional programming. With just a few clicks, online retailers can add the modern and intuitive payment experience to their online checkout system. Consumers can then pay in a fast, easy and convenient way by simply scanning a QR code with their Yapital App on the smartphone or by entering the Yapital user name and password. Payments are guaranteed and the money is transferred in real time.
"Easy to use and for any occasion - that is exactly what we have designed Yapital to be. There is virtually nothing faster and easier than paying by QR code scan, no matter whether you are buying in-store, on a mobile device, by invoice or online," says Nils Winkler, Chairman of the Board of Yapital. "We are very pleased that all online shop owners can now offer their customers the innovative and intuitive payment option of Yapital. And integration really couldn't be easier than with the sellXed module by customweb."
Sascha Krüsi, co-founder of customweb, adds: "We are completely aware of how important the means of payments are for the overall shopping experience. That is why sellXed offers its customers a comprehensive range of services and products. In addition to the payment modules, we provide exceptional customer support, which is now also available to Yapital customers at all times. As a leading provider of virtual terminals, we are very pleased to add Yapital as an innovative cross-channel payment solution to our portfolio. "
Press release issued by
Yapital Financial AG
5 Rue Eugène Ruppert
AboutYapital Financial AG
Yapital is the first European, cashless cross-channel payment solution operating across all channels: in-store, mobile, online and by invoice. Operation is easy, fast and secure: following online registration, the user can immediately make payments, send and receive money with Yapital, across all channels.
For business customers, Yapital is a guaranteed means of payment - this provides process security and reduces administrative costs. In addition, Yapital seamlessly covers all trade and service channels, thus enables marketing channels to be converted into sales channels. Business customers can therefore not only reduce costs with Yapital, but can also simultaneously open up new revenue potential.
Yapital was established in 2011 as a wholly owned subsidiary of the Otto Group. Yapital Financial AG is licensed in Luxembourg as an electronic money institution.
Yapital Financial AG
Tel.: +352 203 10 111
Email: [email protected]
Sellxed, the payment platform of customweb, eases the integration of credit card, debit card or any other alternative payment method in your shopping cart, requires no technical knowledge and is installed within minutes.
customweb specializes in the development of payment plug-ins. We provide virtual terminals for the leading payment service providers in Europe. With over 400 virtual terminals we are one of the leading manufacturers of virtual payment terminals in Europe.
The plug-ins are characterized by a comprehensive range of functions, strict obedience to the highest safety standards, free support as well as access to updates and upgrades.
Tel.: +41 (0) 44 533 15 70
Email: [email protected]
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
Jul. 7, 2015 09:00 AM EDT Reads: 1,961
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 7, 2015 09:00 AM EDT Reads: 1,840
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achie...
Jul. 7, 2015 09:00 AM EDT Reads: 1,875
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Jul. 7, 2015 09:00 AM EDT Reads: 2,531
SYS-CON Events announced today that Intelligent Systems Services will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Established in 1994, Intelligent Systems Services Inc. is located near Washington, DC, with representatives and partners nationwide. ISS’s well-established track record is based on the continuous pursuit of excellence in designing, implementing and supporting nationwide clients’ ...
Jul. 7, 2015 09:00 AM EDT Reads: 1,275
SYS-CON Events announced today that Alert Logic, the leading provider of Security-as-a-Service solutions for the cloud, has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo® and DevOps Summit 2015 Silicon Valley, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Alert Logic provides Security-as-a-Service for on-premises, cloud, and hybrid IT infrastructures, delivering deep security insight and continuous protection for cust...
Jul. 7, 2015 08:45 AM EDT Reads: 2,397
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to globa...
Jul. 7, 2015 08:45 AM EDT Reads: 2,244
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 7, 2015 08:45 AM EDT Reads: 1,537
Connected things, systems and people can provide information to other things, systems and people and initiate actions for each other that result in new service possibilities. By taking a look at the impact of Internet of Things when it transitions to a highly connected services marketplace we can understand how connecting the right “things” and leveraging the right partners can provide enormous impact to your business’ growth and success. In her general session at @ThingsExpo, Esmeralda Swartz...
Jul. 7, 2015 08:45 AM EDT Reads: 1,322
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are ra...
Jul. 7, 2015 08:15 AM EDT Reads: 1,565
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
Jul. 7, 2015 08:15 AM EDT Reads: 1,880
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
Jul. 7, 2015 08:15 AM EDT Reads: 2,336
SYS-CON Events announced today that WHOA.com, an ISO 27001 Certified secure cloud computing company, participated as “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which took place June 9-11, 2015, at the Javits Center in New York City, NY. WHOA.com is a leader in next-generation, ISO 27001 Certified secure cloud solutions. WHOA.com offers a comprehensive portfolio of best-in-class cloud services for business including Infrastructure as a Service (IaaS), Secure Cloud Desk...
Jul. 7, 2015 08:00 AM EDT Reads: 1,232
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult – let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and liv...
Jul. 7, 2015 07:30 AM EDT Reads: 2,031
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies drivi...
Jul. 7, 2015 07:15 AM EDT Reads: 1,923


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Wine has seen an increase as a proportion of total alcohol consumption in North America. Millennials, the generation which recently surpassed baby boomers as the largest demographic, are particularly fond of wine. Let’s take a look at 2 dividend stocks for investors who want to get in on this trend.
Andrew Peller Ltd. (TSX:ADW.A) produces and markets wine and winemaking products boasting brands like Peller Estates, Trius, Sandhill, Copper Moon, and others. The stock has increased 4.7% in 2017 and is down 3.5% year over year as of morning trading on October 18.
The company released its first quarter results on August 9. Sales were up 0.8% to $88.6 million on growth across its trade channels. The stock offers a solid dividend of $0.05 per share representing a 1.5% dividend yield. It has delivered dividend-growth for 11 years and counting.
Corby Spirit and Wine Ltd. (TSX:CSW.A) is a marketer and distributor of spirits and wines. This includes brands like Jameson, Wiser’s, Absolut Vodka, and others. The stock has dropped 1.4% in 2017 and 3.3% year over year.
The company released its fourth quarter results on August 23. Revenues were up 8% mainly due to increased shipping volumes from select brands. Net earnings climbed 1% to $25.6 million or $0.90 per share. The stock offers a dividend of $0.21 per share representing an attractive 3.8% dividend yield. The company has declared dividend-growth for 6 years now.


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Houston, TX – Every year, Americans lose at least 30 to 50 billion dollars to scammers on the internet. Such a huge amount of fraud is possible due to the inadequacy of the internet security apparatus to protect users.
Mohammed Mansoor, a young entrepreneur has taken the bold step to rescue the world from fraudster with the Deposit App. The app is now available on Kickstarter for those who want to take advantage of the huge opportunity that abounds from using it. Mansoor was inspired to create the app after losing a whopping $15,000 to scammers pretending to be car dealers.
Deposit App is easy to use. Just download it, install it and connect with the other person involved in the transaction. Money is deposit into an escrow and once the service or product is delivered, it will be released to the provider. If there is a dispute, it is referred to a mediator that ensures the issue is settled.
With Deposit App, no more taking risks while making transactions with other people. The app is built with high-tech modern security technology that ensures all transactions are safe and secured. No more worrying about working with scammers pretending to be professionals.
One of the most powerful features of the Deposit app is the monitoring and security locks. Every transaction taking place on the platform is monitored 24/7 to ensure that everyone adheres to the rules and regulation of ethical business transaction module. Before accessing an account, the app asks for pin entry and email verification, which is a two-layer security check protocol to keep accounts extra safe.
There is more. Deposit app only deals with users that have been dully verified and certified to be completely genuine. There is no room for scammers and internet fraudster who will never be able to get verified on the app, so everyone here is safe and secured.
Deposit App is useful for any form of payment in almost all industries. Transactions can be carried on in real estate, services, online transactions, loan payment, down payment, and deposit payment.
Supporters have 9 different options to back the project on Kickstarter. Price range is from $12 to $800, with each option opening access to different capabilities. Backers will get t-shirts, subscription plays for up to 12 months, and private video tutorial to teach them how to avoid mistakes.
Everyone needs to find a way to secure their hard earned money and avoid getting duped by fraudsters or questionable business people. Deposit App has been built by professional and expert engineers using the latest high-tech encryption technology to offer safe and secure transaction.


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It might not surprise you to hear that obesity rates are increasing around the world, but to see the actual numbers is astounding. And the fact that the United States is number one is hardly shocking, but you might not expect some of the countries that are close behind. In fact, a new report based on data through 2015 offers some statistics that remind us how very far we need to come to achieve healthier societies.
August 20, 2017 wasn’t just the day before a total eclipse of the sun; it is also the day on which thousands of fish farm raised salmon escaped into Pacific waters, home of a variety of native salmon species. Believe me, this is a bigger story than you’ll ever hear from mainstream media outlets.
If you’ve got acid reflux, you may come to dread the time of night when you are a couple of hours past eating dinner—that feeling of pain that arises in your chest or throat, sometimes accompanied by a burning sensation and bitter taste in your mouth. In fact, it’s that persistent discomfort after dining that probably caused you to visit the doctor for a prescription to get some relief. But you may want to get rid of those potentially deadly medications, because new research suggests alleviating your acid reflux may be as simple as improving your diet.
August 9th is Melon Day. This is a holiday you may not be familiar with, but one definitely worth celebrating. The holiday’s origins lie in Turkmenistan in central Asia, where the country’s fertile soils and delicious melons were highly prized, and back in 1994 a day was declared in their honor. But lucky for the rest of us, melons grow around the world in the United States, Europe, Africa, and beyond, so you don’t have to plan an exotic trip to get a taste of these delicious fruits.
A familiar staple of spice racks and kitchen cabinets, rosemary is prized by cooks for the piquant flavor it lends to recipes. However, recent research shows that this common culinary herb provides some uncommon benefits when it comes to cognitive function and recall. In a British study, researchers found that sniffing the essential oil of rosemary improved memory by a remarkable 75 percent – making it a possible treatment for memory problems.
To overcome inflammatory conditions like osteoarthritis, rheumatoid arthritis, and other joint and muscle conditions demands that we eventually adapt healthy dietary changes and the addition of anti-inflammatory supplements (as needed) to help reduce uncomfortable symptoms. And, while millions of people tend to merely take drugs like nonsteroidal anti-inflammatory drugs (NSAIDs) – they are often linked to unwanted side effects.
You may have heard all about how enzymes can have an amazing impact on your health.
You may have read a lot of material, health plans and testimonials…but are still feeling a little skeptical about how ‘The Miracle Enzyme’ can benefit or improve your health condition.
Perhaps you’ve tried a wide range of supplements and nothing is working. You’re still suffering and in a tremendous amount of pain, or having to spend your time taking expensive medications – yet nothing is getting to the underlying problem.
On September 16th, you can take part in International Eat an Apple Day by enjoying a piece of this delicious fruit. But don’t stop there and make it a one-day celebration. There are approximately 7,500 varieties of apples grown today, and they offer a great range of flavor from tart to tangy to sweet. However, the one thing they all have in common is major health benefits, making them not only tasty but a nutritious part of your diet all the time.
The Prickly Pear Medicinal Vegetable
Herbs and medicinal plants have been a part of folk medicine and culture for centuries. In our age of science and technology, it can be fascinating when old traditions can be proved valid through research. This is certainly the case with this natural healthy ingredient, nopal. You may know this ingredient as prickly pear cactus or nopales. Found naturally in the southwestern desert regions of the United States and Mexico, nopal has been used not only as a medicinal plant, but is also a staple in the Latin American diet.
Today’s blog republished from my friends at TheAlternativeDaily is going to explain the potential benefits of a rather unusual daily drink tonic… As you might know from this newsletter previously, real sea salt (not processed refined salt) is actually very good for you in moderate quantities and has many health benefits, including supplying your body with dozens of trace minerals. Science has also proven that moderate levels of sea salt is actually GOOD for your heart health and does not negatively affect blood pressure like was previously believed years ago.


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Throughout the history of cryptocurrency, the qualities and performance of Bitcoin and Ether have been tested and proven by time.
Bitcoin has been compared to “gold” because of its scarcity, it is outside the traditional payment system, secure, private, in fixed supply, and transferable, and is therefore increasingly used as a store of value and a hedge against risk. And Ether, in addition to cryptocurrency, allows for the creation of a wide variety of applications and products in the form of assets in code, including financing tools, DeFi, and more.
The DeFi boom and the booming NFT segment in 2020 have opened up a huge imagination for capturing the value of ETH, and the value and potential of Ether is increasingly on the radar of institutions and banks. Since July 2020 to date, ETH has traded up from $226 to $2,516, a gain of over 1,013%, and up 1,834% from this year’s high price ($4,371).
On May 25, Todd Morley, founder of Guggenheim Investments, said in an interview with Bloomberg TV that the utility of ethereum is “much higher” than that of bitcoin. Bitcoin is “much higher”. And Wall Street banking giant Goldman Sachs has twice reported that “Ether is likely to replace Bitcoin as the dominant store of value.
Is it really possible for ethereum to overtake bitcoin? When will it catch up with Bitcoin? There is no doubt that this topic is still quite controversial. Opponents argue that Bitcoin will always be the king of cryptocurrencies, while agreeers believe there are multiple signs that Ether is on track to overtake Bitcoin.
The “Flip Index”: The Possibility of Surpassing Bitcoin
First, here’s an interesting index, the ” Flippening Index”, launched by the Blockchain Center, which represents the likelihood of Ether (ETH) replacing Bitcoin (BTC) as the largest cryptocurrency. Initially, it was only used to describe a hypothetical moment in the future when the market capitalization of ethereum would exceed that of bitcoin. The index later used eight metrics to measure the dominance of Ether over Bitcoin, including the number of nodes, transaction volume and total transaction fees, number of transactions, number of active addresses, Google search interest, and other aspects.
Flippening Index Source: blockchaincenter
Current data shows that the Flippening Index is 47.3%, meaning that there is currently a 47% chance that Ether will overtake Bitcoin. Of course, the main determinant of who is the largest cryptocurrency is its market cap, which currently stands at $614.3 billion for Bitcoin and $290.2 billion for Ether, with Bitcoin still far ahead of Ether. However, compared to the beginning of the year, Bitcoin’s market cap accounted for about 70% of the crypto market and Ether accounted for 12.8%. Now, Bitcoin accounts for only 39.6% of the market and Ether accounts for 18.8%. This trend shows how quickly the crypto market share is being swallowed up by ethereum and other cryptocurrencies.
Ether has surpassed Bitcoin in terms of settlement transactions
When it comes to measuring important metrics of blockchain networks, one of them is their practical utility in facilitating economic activity, reflected in numbers i.e. the total value of settlements. Usually, the more value settled on the blockchain represents the greater economic utility of the network. Ether is a universal, programmable settlement layer, with most US dollar stablecoin transfers, DeFi protocols and NFT transactions implemented through Ether, and ETH already has a significant advantage in terms of transaction volume compared to Bitcoin.
According to Messari Research, Ether’s trading volume has surpassed Bitcoin’s in the past month. As of May 21 data shows that the daily trading volume of Ether has exceeded $20 billion.
This point shows that Ether has surpassed Bitcoin in value as a settlement currency, while Bitcoin is being used more as a store of value.
Ether network transaction fees hit record high
Ether surpassed bitcoin in May in terms of adjusted on-chain transaction volume and miner revenue, with adjusted on-chain transaction volume up 35.4 percent to an all-time high of $1.07 trillion, according to The Block Research. Centralized exchange spot trading volume grew 38% to a new all-time high of $2.18 trillion.
In addition, CoinMetrics statistics show that ethereum miner revenue reached a record high of $2.35 billion in May, compared to $1.45 billion for bitcoin miners.
This means that ethereum has a higher cost of book than bitcoin. The ethereum network currently pays more to miners than bitcoin, and miners are more sticky and incentivized. At the same time, with the increase in the number of nodes comes a corresponding increase in the security of the network. In other words, the distributed ledger is also more secure.
Eth2 will bring advantages to ethereum in terms of energy consumption
Recently, Bitcoin’s energy consumption and environmental issues have been brought to the forefront again, and it has also become one of the reasons why Tesla no longer accepts Bitcoin payments, and this event has once again aroused the concern and discussion on the shift to PoS mechanism. And Eth2’s new proof-of-stake blockchain verification is seen as a solution to growing environmental and security concerns. Industry insiders, including V God and Messari senior research analyst Ryan Watkins, believe that with the shift to Eth2 (Ether 2.0 network) and PoS (Proof of Stake), it will become possible for Ether to eventually overtake Bitcoin.
V God recently said at the StartmeupHK virtual conference that Ether’s upcoming transition to Proof of Stake consensus mechanism (PoS) is the solution to the blockchain’s energy consumption problem, and that while proof of stake is still in its infancy and has only been tested in a relatively small number of real-world situations compared to the current proof-of-work model (PoW), it could eventually reduce Ether’s energy consumption by up to 10,000 times. If Bitcoin continues to use PoW, the world’s largest Bitcoin blockchain will eventually be “left behind” as users demand more energy efficiency and environmental options.
In addition, Ether’s upcoming Eth2 upgrade and EIP 1559 deployment will convert ETH into a productive asset with a potentially deflationary monetary policy. This will help Ether be adopted by the mainstream and increase its attractiveness as a store of value asset.
Ether’s practical uses and innovative potential
As the largest underlying blockchain, the ethereum ecosystem supports smart contracts and enables developers to create new applications on its platform, with almost 80%+ of DApps built on ethereum. Ether also enables almost all information to be stored securely and privately on a decentralized ledger. This information can be tokenized and traded. This means that the Ether platform has the potential to become a large marketplace for trusted information. For example, through the use of NFT to sell digital art and collectibles online, more intellectual property, archives, etc. are being issued on the chain, and this is only a fraction of their practical use.
More importantly, Ether has brought new trends and waves to the crypto space such as DeFi and NFT, thus creating a diverse and large-scale economic ecosystem. Nick Tomaino, founder of cryptocurrency venture capital firm 1confirmation, even believes that without Ether, Bitcoin would not have the market cap it has.
The innovative play and high returns on ethereum are bringing more and more new users to the crypto space, and most settlements are based on ETH as the underlying asset. This means that in contrast to Bitcoin, which only acts as a store of value, Ether can be used as a payment system along with a store of value. Over time, the boom in decentralized applications, and the popularity of more innovative areas like DeFi and NFT, will allow Ether to attract new users faster than Bitcoin.
That’s why Goldman Sachs Bank has concluded that ETH is likely to overtake Bitcoin as the dominant digital store of value, given the importance of practical use in determining the store of value.
As to whether Ether can overtake Bitcoin, we leave it to time to see.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/can-ethereum-overtake-bitcoin-these-signals-tell-you-the-answer/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.


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The degree of tariff cancellation should fully reflect the importance of a phase one agreement, ministry spokesman Gao Feng told a regular briefing.
Updated : November 14, 2019, 2:24 pm
Maruti Suzuki India is providing offers on models like WagonR, Alto, Celerio, Swift, Dzire and Vitara Brezza in November.
Updated : November 13, 2019, 12:00 pm
Asus has introduced massive price cuts on its 2018 and 2019 flagship phones. The Asus 6Z gets up to Rs 5,000 off whereas the Asus 5Z gets up to Rs 7,000 off permanently.
Updated : November 13, 2019, 9:15 am
Popstar Katy Perry has previously performed at the opening ceremony of the fifth season of the Indian Premier League in Mumbai.
Updated : November 12, 2019, 7:49 pm
The Kerala Police has decided to deploy 10,017 officers in and around Sabarimala for this festive season.
Updated : November 12, 2019, 4:21 pm
The iPhone 11 has got a couple of updates since it went on shelves a month ago. We liked it a month ago and now, this iPhone is irresistible. Simply put, this is the best smartphone in 2019.
Updated : November 12, 2019, 10:13 am
Haze shrouded India's capital city again on Monday, with residents braving dangerous air quality to return to work after a weekend of clearer air and better weather.
Updated : November 11, 2019, 11:35 pm
India Today TV travelled to Punjab to understand which machines are most popular and why are farmers hesitant for an immediate shift from burning residue.
Updated : November 11, 2019, 5:11 pm
Auto crisis: The overall domestic sales fell 22.41 per cent in September, 23.55 per cent in August, 18.71 per cent in July, 12.34 per cent in June, 8.62 per cent in May and 15.93 per cent in April.
Updated : November 11, 2019, 1:31 pm
While experts believed that the festive season would help in mitigating losses caused to the auto industry due to the slowdown, there has been hardly any improvement with respect to October passenger vehicles' sales.
Updated : November 11, 2019, 12:46 pm
Agra district magistrate said that it is the city of love and in all conditions, Hindu and Muslim communities have to maintain harmony.
Updated : November 9, 2019, 12:31 am
Zoya's new collaboration with designer Rahul Mishra epitomises modern elegance.
Updated : November 8, 2019, 5:54 pm
Triumph Motorcycles had offered hefty benefits on Tiger 800 XR, Tiger 1200, Street Triple RS and Bonneville T100 during the festive season.
Updated : November 8, 2019, 5:01 pm
Maruti Suzuki Baleno, Maruti Suzuki Ciaz, Maruti Suzuki Ignis and Maruti Suzuki S-Cross are sold through the carmaker's Nexa channel.
Updated : November 8, 2019, 11:01 am
Maruti Suzuki Vitara Brezza was launched in India in March 2016 and is currently one of the largest selling vehicles in the country.
Updated : November 7, 2019, 12:57 pm


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NEW YORK (CNNMoney.com) -- The board of directors of Canadian fertilizer manufacturer PotashCorp. told its shareholders Monday to reject a $38.6 billion hostile takeover bid from Australian mining company BHP Billiton, saying it's in talks with other parties about "superior offers."
Potash's board said in a circular to shareholders that BHP's (BHP) unsolicited offer of $130 per share is too cheap and was timed to take advantage of a worldwide slump in demand for fertilizer stemming from the recession.
The board said it unanimously opposed the offer because it "substantially undervalues PotashCorp. (POT) and fails to reflect both the value of our premier position in a strategically vital industry and our unparalleled future growth prospects."
In the circular, the board said "superior offers or other alternatives are expected to emerge."
Google filed a patent for a toy that will have sensors and cameras, and can control connected devices. More
Rents increased 4% in April from last year while home values only rose 3% during the same time period. More


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March 03, 2009
Chevy Volt Cost Effective?
Some Carnegie Mellon analysts think the Chevy Volt pluggable hybrid electric car has a battery that is too large for economic use.
But one of the main justifications GM offers for its long-term survival, "leadership in advanced propulsion technology," has been shaken by a report from Carnegie Mellon University.
The study concludes that plug-in hybrids like the Chevy Volt - GM's most publicized technology project - "are not cost effective in any scenario." GM says the Volt can go 40 miles on a single charge. But a better choice, according to the report, is a car that goes less than 20 miles on a charge.
I think one of the problems with pluggable hybrids is the high frequency with which they will need to get plugged in for recharge. You just want to pop out of our car and walk inside. If your commute round trip is over 20 miles per day then you'll need to plug the Volt in for recharge every commuting day. With a 20 mile range you would need to plug in for recharge after a commute of over 10 miles. I would rather have the higher battery capacity just to avoid the need to drag out a power cable to the car on a daily basis. For anyone who doesn't park in their own garage the need to recharge is especially onerous.
But Jon Lauckner, a GM VP involved in Volt product development, argues that the Carnegie Mellon researchers assumed too high a cost for the batteries.
The mistake in the study that "jumps of the page," Lauckner told AutoObserver, is the assumed baseline cost of the lithium-ion batteries used by the Volt and, most likely, other future PHEVs: $1,000 per kilowatt-hour.
"That's very high compared to the cost we're paying today," said Lauckner of the Volt's prototype lithium-ion batteries developed by Korean battery expert LG Chem. "And very, very high compared to the (battery cost) in the near future," once even modest engineering improvements and economies of scale kick in, Lauckner added.
The cost of batteries is not the only important assumption for a study on pluggable hybrid cost effectiveness. One also needs to make assumptions about future prices for gasoline. Well, Saudi Arabia might already have passed its oil production peak and non OPEC-12 oil production peaked in 2004. Khebab expects a sharp decline in world oil production starting in 2010. The Volt might come to market at a time of far higher oil prices. The decline in oil demand has caused its price to plummet. But such a low price has prompted a huge reduction in new oil projects. Since existing fields suffer from declining production a reduction in new oil field development will lead to lower production in future years. Oil prices will likely retrace their previous rise once economic recovery begins.
One wonders what GM expects to pay for batteries 3, 4, 5 years from now. The rate at which battery prices fall will play a large role in determining how easily we can move away from our reliance on dwindling supplies of oil.
Randall Parker said The rate at which battery prices fall will play a large role in determining how easily we can move away from our reliance on dwindling supplies of oil. There is a prominent electric car maker who is confident that battery prices will decline sharply:
Tesla CEO Elon Musk's newsletter the other day: He says that the laboriously hand-assembled lithium-ion battery pack in the Tesla Roadster would cost about $36,000 to replace today, but should last at least 100,000 miles, or about 7 years.
Pay $12,000 now, Musk wrote, and reserve a replacement battery for seven years from now
This quote is from the Edmunds Green Car Advisor website
. Of course, it is not easy to raise funds in this financial climate and 12K *now* would be handy.
Missing from the analysis is the fact that we are likely to run out of Lithium and other (rarer) elements used in rechargeable batteries and ultra-capacitors long before we run out of oil.
Economies of scale only work when the inputs are cheap and plentiful.
Yes, we are certain to run out of lithium, just as we have already run out of chromium, carbon, oil, food, and so on. Just as the Club of Rome predicted 40 years ago.
When they substitute silicon and nitrogen doped carbon nanotubes we will start to run out of carbon, silicon, and nitrogen as well. It won't be long. We is all doomed, doomed I tells ye!
Back to reality: the world economy is taking hit after hit. Obama's misbegotten economic porkulus is adding misery to misery. If you really believe that energy costs are going to shoot up soon in the middle of this clusterfucck deflation, think again.
Things are changing rapidly below the surface level of the human world. Simple minded extrapolations are less than useful in this environment.
There is no end to this ending. I'm gonna get in on this doomsday racket. I've got it! We're running out of omnium, a rare element available only from me. Send me $1000 and I'll send you a vial of it.
Whatever batteries cost 7/40ths of a battery will cost less. Ditto on weight. Less weight means better performance. Less battery means lower cost.
A Volt with a 70 lbs. battery that does not stick into the passenger compartment strikes me a more useful vehicle.
My bets: Toyota brings out a PHEV with a 7 mi range that can be charged in one hour from an ordinary 110 V / 15 A line. It costs $25K and sells well, and GM brings out a $40K Volt and can't sell them at all.
"the laboriously hand-assembled lithium-ion battery pack in the Tesla Roadster would cost about $36,000 to replace today"
That's a retail price, with a hefty markup. Tesla was paying $20K two years ago for the cells.
"Less weight means better performance"
Only a little, with regenerative braking. Wind resistance is the biggest thing with a PHEV/EV.
"GM brings out a $40K Volt and can't sell them at all"
Nah. They're going to price it high as good PR will allow, to capture the early-adopter premium and the $7,500 rebate. They're likely to price it at about $37K, which would put the after-rebate price at $29,500. They're probably going to have to ration them...


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Travelodge to buy struggling hotels with £100m war chest
Travelodge, Britain's second largest budget hotel chain, has a war chest ready to snap up distressed assets.
The company has linked up with Meghraj Properties to launch a £100m property fund today. It will look to buy between eight and 14 hotels, which will then be leased to Travelodge.
Travelodge, which operates 380 sites, said many of the hotels were likely to be in the mid-market sector - a part of the market which has been hard hit in the recession.
It said the scheme allowed it to expand without the delay of planning consents and construction.
Paul Harvey, managing director of development, said: 'Since the summer of last year we have been contacted by a substantial number of owners and administrators who have been looking to sell their hotels to us as going concerns.
'What stopped negotiations moving forward on many of the sites were the excessive valuations placed on the properties. Over the last two months however it has become clear that expectations on value have moved in our direction, meaning some exciting opportunities are presenting themselves.'
Travelodge has already been buying. In the past it has snapped up 13 hotels, including six form the Menzies chain in Edinburgh, Bath, Newcastle, Coventry, Oldham and Stevenage, and two from Swallow in Scarborough and Edinburgh. It also bought three hotels from the administrators of the Real Hotel Company in Sheffield, Tewkesbury and Derby.
Premier Inn, Travelodge's larger rival with around 500 hotels, yesterday admitted an 8% fall in sales for the 13 weeks to the end of May. The budget chain has, ironically, been hit hard by heavy discounting by more upmarket hotel chains.
'We are trading in some very harsh economic conditions. There's a lot of discounting going on but nobody's better placed to come out of this recession in better shape than we are,' said Alan Parker, chief executive of Whitbread, which owns Premier Inn.
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Scientists, researchers and engineers — some of whom hail from our very own campus — are ready to serve up wearable technology that might change the world as we know it. Instead of simply including the usual text messaging, email reading or web-surfing capabilities that can be found on the average smartphone, scientists have developed interesting devices that can significantly affect treatment for those with diabetes and high blood pressure or those recovering from wounds. With innovative devices in the development pipeline, these new types of wearable smart technology have the rare opportunity to improve public health and the lives of many.
The technology industry may just be headed toward the most innovative, game-changing line of inventions since Steve Jobs created the iPhone. With far more benefits than the convenience of having one’s iPod and cellphone morphed into one, the industry’s shift toward creating personalized, wearable smart devices with health in mind is its best move yet.
Wearable technology has much more to offer than the typical heart rate meters or step-counting pedometers. In fact, last January, Google announced that it’s in the process of developing a line of smart contact lenses that can help individuals living with diabetes. The lenses use a tiny, wireless chip to determine the glucose levels in the wearer’s tears, allowing more accuracy in monitoring blood sugar levels. The Centers for Disease Control and Prevention have charted an upward trend of Americans diagnosed with diabetes, nearly quadrupling from 5.8 million diagnoses in 1980 to 20.9 million in 2011. If approved by the Food and Drug Administration, these smart contact lenses could improve the health of many diabetics by offering them a better, more consistent way to monitor their glucose levels, as well as potentially ending the inconvenience of pricking fingers to test blood levels.
The benefits of wearable smart technology can even extend to the armed forces, athletics, and power generation. Over recent years, UCSD faculty, researchers and students have made significant strides in demonstrating how wearable smart devices can be utilized to advance a diverse amount of fields and professions. A lab overseen by UCSD nanoengineering professor Joseph Wang has made many accomplishments through its research and projects which involve integrating sensors into temporary tattoos, Navy SEAL wetsuits, “smart” bandages and even saliva-analyzing mouthguards.
The lab’s team of nanoengineers found that its temporary tattoos can generate electricity from sweat and monitor fetal heart rates, while the electrochemical sensors integrated onto Navy SEAL wetsuits can detect water contamination or nearby explosives. According to a recent San Diego Union-Tribune piece, the team has also developed bandages that can be used to determine how quickly a wound is healing and mouthguards that can detect both stress and hydration levels of its wearers. In light of its innovative success, the Jacobs School of Engineering announced its future plans to create a Center for Wearable Devices during its Research Expo in April 2014. With more facilities for research, people are only expecting more breakthroughs from the San Diego community.
The future opportunities for these technologies are endless and will be worth quelling the fears that current wearable smart devices have created. When people today think of wearable smart technology, Google Glass is usually is the first thing to come to mind. Glass has made numerous headlines and sold out its limited units at $1,500 apiece in mid-April, but has received little praise and a fair share of criticism. Due to the limited privacy that Google Glass’ audio and video recording options and built-in camera may permit, many people are rightfully concerned that Google Glass can be invasive.
However, it’s important to keep in mind that all wearable technology is made with different goals and purposes. People fear wearable tech for many wrong reasons, likely because they are unaware of its different kinds of benefits. The privacy concerns from Google Glass are not at all representative of what all wearable smart devices are or should be. And while people probably should not jump ship to support every new piece of wearable tech, there are reasons to be optimistic of this industry and what is to come.
The ability to personalize wearable devices will ultimately allow society to integrate technology in a way that isn’t cookie cutter for the masses. The health benefits that these cutting-edge devices offer can herald a new era for technology and an increasingly helpful integration of different machines into our lives. It’s time to look past reinventing the smartphone and focus more on improving smart technology on other fronts as well.


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Law360, New York (February 1, 2013, 7:24 PM EST) -- Amazon.com Inc.'s attack on New York's 2008 law requiring out-of-state Internet retailers to collect state sales tax marks the first salvo of its kind to reach a state appellate court of last resort and, if the company succeeds, it could dissuade other states from passing similar laws, experts said Friday.
Their comments came as Seattle-based Amazon and its smaller, Utah-based rival Overstock.com Inc. prepare for oral arguments Feb. 6 in the New York Court of Appeals.
"If they lose in New York it will encourage other...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.


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BOSTON (WHDH) - Women stayed home from work, zipped up their wallets, wore red and joined rallies across the country to demonstrate their economic clout Wednesday as part of International Women’s Day events around the globe.
Some businesses and institutions said they would either close or give female employees the day off.
In the city of Boston, many restaurants opted to close and stand in solidarity with the strike known as “A Day Without a Woman.”
Below is a list of restaurants that will be closed Wednesday:
Many other restaurants say they will be open, and provide discounts, free items and more to customers.
For a list of places that will be open, but plan to express support in other ways, click here.
(Copyright (c) 2018 Sunbeam Television. The Associated Press contributed to this report. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


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“These pilots with Netflix and Good Technology clearly demonstrated how a highly mobile workforce can receive digital keys over-the-air and to their phones and use them to open doors, just like they had previously been doing with their existing photo ID cards, keyfobs or tags,” said Debra Spitler, vice president of Mobile Access Solutions with HID Global. “As one pilot participant told me, “only having to carry one device for so many daily tasks is excellent.”
|Netflix and Good Technology employees were given Samsung Galaxy S III handsets equipped with NFC capabilities and HID Global digital keys, allowing them to open doors by simply holding the phones up to the readers.
HID Global recently completed two pilot programs to determine the validity of mobile access control using near field communication (NFC)-enabled smartphones to open doors without compromising physical security. Conducted at the headquarters of Internet video subscription service provider Netflix and enterprise mobility solutions provider Good Technology, the pilot programs used HID Global’s iCLASS SE platform, including iCLASS Seos credentials for use on NFC-enabled smartphones.
Among the many benefits of using smartphones to open doors that participants cited were improved security and convenience.
“I love the idea of mutually authenticated reader-badges – it reduces the threat of badge skimming and replay attacks,” said Bill Burns, director of Netflix IT Networking & Security.
David Tsai, a Netflix desktop analyst, agreed. “Technically, the physical security is better since it requires that a person know the phone can be used as a key, know the passcode to get into the phone, and know how to activate the key.”
Similar feedback was provided by Netflix helpdesk support technician Lynn Chikasuye, who said, “People will rarely lend out their phone, which prevents unwanted use.”
Good Technology also cited the security benefits of mobile access control as compared to photo ID badges, along with improved user convenience for today’s highly mobile workforce.
“Our customers are always looking at new ways to enable mobile worker productivity and efficiency without having to take security risks,” said Michael W. Mahan, Good Technology’s senior vice president, special Markets. “This pilot proved that using both a layered security approach and smartphones to provide secure physical access to buildings is a great way to meet their goals of adding security without complexity.”
In selected locations at each site, HID Global’s multiclass SE readers replaced proximity readers, and pilot participants were given Samsung Galaxy S III handsets equipped with NFC capability and HID Global digital keys, allowing them to securely store and emulate user credentials to open doors by presenting the handsets to the HID readers.
Having traditionally used keyfobs for access control, Netflix sought to evaluate the benefits of provisioning digital keys over the air to its employees’ smartphones to streamline the on-boarding process for new employees. Going into the pilot, the company also believed digital keys could be a valuable addition to smartphones in its bring-your-own-device mobility environment. By the time the pilot launched, almost half of participants were socializing the mobile access experience and opening doors using proximity tags affixed to the back of their current phones. The Netflix pilot was intended to test the concept of a true mobile access experience that blended user convenience and security.
In addition to testing basic over-the-air mobile access control capability, Good Technology and HID Global extended Good’s mobile access pilot to evaluate the use of an NFC-enabled SARGENT SE LP10 lock on the door to an executive’s office that colleagues use as a temporary conference room when he is away. This allowed the executive to control access to his office remotely, offering it only to select members of his team during specified times, as well as run reports about who used his office when.
|Following HID Global’s pilot programs at the headquarters of Netflix and Good Technology, participants cited cited improved security and ease of use as two of the many benefits of opening doors with near field communications (NFC)-enabled smartphones to open doors.
A third party survey of a third-party survey of participant revealed the following:
- More than 80 percent of Netflix respondents felt that the application for unlocking a door was intuitive, and nearly 90 percent described it as easy to use.
- This perception was echoed at Good Technology, where more than 80 percent of respondents felt the smartphone was more convenient to use than their current access card, primarily because they never forget their phones like they do their badges. All Good Technology respondents said they liked the look of the door unlock application on their phones, and said it was intuitive and easy to use.
- Approximately 75 percent of Netflix respondents said they would be willing to load the app onto their own personal smartphone. Roughly 75 percent at Netflix and 67 percent at Good Technology said that other people who saw them using their smartphone to access the building asked questions or expressed an interest in it.
- More than 83 percent of Good Technology participants said that the company’s physical security was improved by using a smartphone rather than a card to open locked doors. This included respondents who highlighted the benefits of layered security, and being able to use a PIN to unlock their phone and then use the mobile access app to gain entry.
- 87 percent of Netflix respondents said they would want to use a smartphone to open all locked doors at the company.
- All Good Technology respondents saw value in additional uses of digital keys on their smartphones, such as logging on to their PC and using their smartphones for secure print authentication, as well as personal uses such as using their smartphones to access their residence and as a mobile wallet for payment. All respondents also said they would like to be able to use their NFC-enabled smartphones to receive digital keys over-the-air that could be used to access a hotel room.
- 81 percent of Netflix respondents said the fact that the company is testing and deploying mobile access makes it a more fun and exciting place to work.
Additionally, Good Technology was impressed with HID Global’s comprehensive credential provisioning and management services. In a mobile environment such as that created for the pilot, HID Secure Identity Services will enable users to create secure identities and digital keys for NFC-enabled handsets using a cloud-based portal via a managed service, then provision them over the air to their smartphones.
Both pilots highlighted a number of opportunities to improve the mobile access control experience as the industry moves closer to deployment. This includes bringing more mobile network operators and handset manufacturers into the ecosystem so that users have more service and product choices. Additionally, participants cited the need for an “always on” access control experience, which requires that NFC handsets be able to open doors without having to start an app, and that their secure elements, either embedded in the phone or in their subscriber identity module (SIM) cards, are made available for over-the-air communications directly with service providers. Pilot participants also highlighted the need for solutions that do not excessively drain battery, are available even when the battery is dead, don’t interrupt other tasks, and deliver an intuitive user interface with accurate graphical representations and conveniently sized icons.


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Hometown bakeries in the greater southern U.S. are being visited this month by the Heritage Bakery Road Tour – created by the Retail Bakers of America (RBA) – in an effort to raise awareness of the retail bakery to local consumers and to trace the advancement of bakeries.
Thomas Reinwald, son of RBA President, Richard Reinwald, CMB, was recently hired as RBA’s Internet Marketing Intern to support awareness of the industry and RBA through online social media, including Twitter and Facebook. Seeing the challenges faced by retail bakeries today, Thomas and his older brother, Gregory, were interested in investigating how the baking business has changed through the years, and “tweeting” their findings along the way.
“As part of the fourth generation in the baking industry, we understand where bakers are coming from, and want to inspire them to tell us their story,” says Thomas. “We want them to get involved in the Tour, and feel that they are a chapter in our research, not just a stop.”
In the last year, retail bakeries have been affected by the sour economy, explosive ingredient prices, the opening of new specialty shops, the convenience of supermarket bakeries, as well as generational bakeries seeing an end in sight to the “family owned and operated” business as younger generations seek new occupations.
“RBA is the fabric of the community,” says RBA President, Richard Reinwald, CMB. “Retail bakeries are part of their local history, something that corporate retailers can’t replace.”
Photos will be collected and stories shared over Twitter during the course of the two-week tour, which began Tuesday, June 16. All retail bakeries are encouraged to share their stories as well. Photo and story submission may be made to firstname.lastname@example.org. Details of the tour, photos and bakery tour stops, are listed at the Road Tour’s website, www.rbanet.com/2009RoadTour. Follow the Heritage Bakery Road Tour on Twitter @RetailBakers.
Retail Bakers of America (RBA)—a 501(c)6 not-for-profit trade association located in McLean, VA, caters to retail bakeries, allied suppliers, educators, students and other industry partners, and is committed to the success of the retail baking industry. Founded in 1918, RBA works as the bakers’ business partner and resource provider, and is the nation’s premier source of industry information. RBA hosts the American Retail Bakery Exposition (ARBE) October 18-20, 2009 in Charlotte, NC. More information is available at www.rbanet.com or www.rbanet.com/ARBE2009.


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Mindtree founders will stay on to stabilise company
Founders Natarajan, Parthasarathy and Ravanan have promised to stay on and help with the transition.
FPIs that register as companies to be out of surcharge ambit: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Thursday said those FPIs who wish to be out of the net of the surcharge on high networth individuals ...
Companies face penalty for not meeting CSR spend
Although the new rule is expected to be applied with prospective effect, it is unclear if a case can be made out against the IL&FS directors, who were sacked.
FMCG companies wake up to a million Indias
Now, FMCG firms are tweaking the same product to cater to different micro markets.
NCLT allows the Ministry of Corporate Affairs plea to implead 22 more parties
The latest move to implead 22 parties includes leading auditors - Deloitte and BSR & Associates, an affiliate of KPMG.
Facing Trump's tariffs, some companies move, change or wait
Trump launched the world's biggest trade war since the 1930s by imposing tariffs on $250 billion in Chinese goods and threatening to tax $300 billion more.
Tata Steel to focus on turning around European operations and not to raise more debt this fiscal
Sitting on a debt pile of Rs 1.08 trillion-partly because of two major buyouts in the domestic last fiscal-the country's largest alloy maker has decided not to leverage further this year.
Deloitte, BSR fight with government over NCLT’s jurisdiction to ban them for 5 years
The auditors said that courts can’t rewrite a statute, legislate and enact but can only interpret a law.
Learn & lead: Companies offer for women
More than 59% of over 300 companies said they run women-specific L&D programmes.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service


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The makers of the "Rick and Morty Simulator: Virtual Rick-Ality" game is now part of Google. Owlchemy Labs has just been acquired by the multinational tech company and is now expected to develop more virtual reality experiences under the Google umbrella.
Owlchemy Labs, which is also behind the popular "Job Simulator" VR game, posted a blog to announce the deal. Alex Schwartz, co-founder of the Austin-based company, stressed that the acquisition is its next step in its goal of pushing virtual reality "forward as a whole". Schwartz also mentioned that Google shares Owlchemy's vision of building "killer content for everyone" to further the technology. He also said that both companies will be working together to "solve tough problems together" as they push through with their goal of advancing the industry.
The details of the deal, particularly the amount paid to purchase the VR startup, were not disclosed. As Polygon noted, however, the employees of the startup, all 23 of them, will be absorbed by Google. Despite the acquisition, Owlchemy Labs will not be making VR content only for Google particularly its Daydream View VR platform. In other words, the Virtual Rick-Ality makers will make VR experiences for Google and other game platforms.
CNET noted that Google's parent company, Alphabet, is bent on treading the VR path by investing a huge amount on the technology. The Owlchemy Labs acquisition is just another step as Google gears toward the development of games, apps, 360-degree videos, and even the licensing of sports leagues.
"Rick and Morty" is currently one of the most popular animated series on TV and Owlchemy Labs, with the blessing of Adult Swim, had the brilliant idea of creating VR content based on the show. The new Google acquisition is also behind mobile games such as "Snuggle Truck" and "Jack Lumber". The startup hit it big with "Job Simulator", the launch title for the HTC Vive, PlayStation VR, and the Oculus Rift.


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“..For all those happy users of iOS on iPhone, iPod touch or iPad – here are some updates from New Zealand app developers, who are making waves on many platforms worldwide.
Perhaps as a sign of maturity in the NZ market, some current apps are unashamedly locally focused -
- although of course that makes them equally as attractive to tourists.
One such is Wiretapp Labs Limited’s TheInsiderApp.
Niko Croskery spent six months developing this iPhone application which allows users to locate happy hours, two-for-one nights and other similar specials in Wellington bars, cafes and restaurants.
“We have spent a lot of time developing TheInsiderApp with a focus on the accuracy and quality of its content – and have worked hard to develop an easy to use and intuitive user interface.”
TheInsiderApp is now available in the Apple App Store.
It will be available free for the rest of August -
- then just NZ$1.29 from September onwards.
Wiretapp plans to expand to other cities around New Zealand as soon as possible and is also hoping to launch an Android version before year’s end…”
go to source/story>>>


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Bread seller turned model, Olajumoke Orisaguna is set to be the CEO of a 5million Naira bakery
By Patricia Uyeh
Bread seller turned model, Olajumoke Orisaguna is reportedly set to become the CEO of a new 5million Naira bakery.
According to reports, Sijibomi Ogundele of Sujimoto Construction has plans to set up a bakery for Olajumoke.
Last month, Sijibomi Ogundele told ENCOMIUM Weekly:
“For the past few months we have known her, we realized that Olajumoke is a lifetime project. We want to engage her, not just giving her an apartment, what would happen if the rent expires in the next five years. Yes, she is a model but that is not enough.
”She is a mother of two and her husband does not have work, we pay her monthly salary but before the end of the year, we want a bakery for her. Her story came from selling bread, hopefully by the grace of God. We pray God gives us life and hope, we would create the bread of hope where she would work.
Olajumoke is like an entrepreneur, she knows how to add this to that, we are trying to maximize her potentials. No matter how small the bakery would be, we want to try to see if we can do that.”
And aside the building for the bakery, more than N5 million will go into the purchase of equipment, materials and recruitment of staffs.
Photo credit: Stargist


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Live events industry
A New Jersey U.S. Representative is taking a second stab at passing national legislation that would bring transparency to online ticket sales and target the controversial use of computer technology in the purchase of concert tickets. U.S. Rep. Bill Pascrell, announced that he plans on re-introducing “The BOSS ACT,” dubbing this incarnation the “2012 Tour.” Pascrell previously introduced a bill by the same name in 2009, but the Bill never made it past the initial committee stage. The new legislative initiative is, according to Pascrell, a response to the glitches that occurred in January of 2012 when Bruce Springsteen most recent tickets went on sale. reminding fans and the congressman of Springsteen’s 2009 concert tour, which saw fans being redirected to Ticketmaster’s secondary ticketing website and sparked a lawsuit that ended with a $16.5 million settlement.


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In recent news, Alphabet Inc. GOOGL was hit by a record-breaking $5 billion fine by EU regulators for breaking antitrust laws. According to The New York Times, this steep antitrust penalty is among one of the most aggressive regulatory moves ever made against an American technology company. The fine comes from Google abusing its Android market dominance in three different areas. The three areas outlined include Google bundling its search engine and Chrome apps into the operating system; blocking phone makers from creating devices that run forked versions of Android; and paying large manufacturers to bundle the Google search app on handsets, according to The Verge.
What this Fine Means for Google
This is the second time Google has been fined. They were fined last year by the EU for about $2.8 billion over the company's unfair favoring of its own services. However, this time around, European authorities are more aggressive towards regulating technology firms in areas related to antitrust, privacy, and the spread of misinformation.
The European Commission wants Google to put an end to their illegal conduct within 90 days of the decision. However, Google plans to appeal the decision, as they believe Android has created more choice for everyone, not less. At this point, the company does not seem worried. Seeing as this has happened before and since Google wants to appeal, this case could go on for years.
At this point, Google will have to deposit a fine which will be held during the legal process. If Google loses the appeal, then the fine will end up being distributed amongst the EU’s member states.
Currently, GOOGL’s stock has fallen 0.24% with little fluctuation since the news of the fine. Since Google was first fined by the EU last year, they have been investigating Android more closely after rivals complained that Google was dominating the market. However, if you look at GOOGL’s revenue over the past year, it has grown from around $75 billion to $111 billion. Even with this fine in place, customers still want to buy Google’s services and products and remain loyal.
Similar Cases in the Past
Many cases like this one have occurred in the past, with the same problem at hand. Similarly,, many large tech firms like Facebook FB, Intel INTC, and Microsoft MSFT have all received antitrust fines from the EU. Like Google, Microsoft was fined twice in the past after the company didn’t include a browser ballot in one of its new Windows updates. However, it could be possible that this ruling is swept under the rug, seeing as Europe is the only one who acted alone in taking action against these Silicon Valley companies. In the past, regulators in the US have given companies innovative freedom and allowed tech companies to expand the way they want to.
Although there are certain restrictions and regulations for every company, no one has really had a big issue with any company, especially within the United States in the past.
As of now, all Google can do is wait this out since they have already decided to appeal the decision made by the commission. The company itself is doing well amongst its customers, and not reeling from any revenue losses at the moment.
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According to a recent report, Airport Authority Hong Kong (AAHK) and a multinational corporation based in France, known for its bus-stop advertising systems, billboards, public bicycle rental systems, and street furniture have partnered to launch a new digital advertising platform on AAHK’s mobile app at Hong Kong International Airport (HKIA).
Passengers download the app, called HKG My Flight, to access real-time flight information, navigate through the airport and access its free Wi-Fi.
A “splash” ad for a major beauty brand will now appear when the app is opened. As customers using the app approach the duty-free zone at HKIA, their phones will receive notifications of nearby promotions. When shoppers enter their personal data into the app, they can redeem samples at the beauty store’s counters.
Digital advertising panels in the airport are now also embedded with QR codes so that passengers who do not use the app can access the website for the campaign.
Another report noted that the Hong Kong International Airport (HKIA) will welcome 10 new brands as operator Airport Authority of Hong Kong (AAHK) finalised a substantial luxury tender issued earlier this year.
The brands include several massive fashion houses and brands.
Two ‘icon’ duplex stores currently occupied by two of the major brands also feature in the mix, with the former defending its existing space and the latter due to be replaced the French fashion house and luxury retail company.
A spokesperson noted that the changeover of 34 boutiques will take place in Q2 2019 onwards and will be completed by end of 2019; icon shops occupied by two major fashion houses will changeover in Q3 2020.
As reported, revenue from retail licences and advertising grew by 1.4% to HK$7,909m ($1,007m) in fiscal 2017, ending March 2018 – a result less impressive when compared directly with the prior year’s growth return of +3.7%.
However, HKIA’s retail landscape has undergone significant changes this year as two major duty-free stores attempt to establish their respective footprints, the latter of which has today announced the launch of the ‘Joy of Gifting’ campaign at some of its stores.
In a recent interview, HKIA confirmed it was ‘satisfied’ with the performance of both concessionaires since the overhaul of their newly won outlets over the past 14 months.
According to data from CAPA\Counter Intelligence Retail (CiR) Business Lounge, total passenger traffic (including departures and arrivals on domestic and international flights) at HKIA totalled 72.9 million in 2017.
China remains the top destination for Terminal 1 international departures pax (7.2m) between October 2017-September 2018, with Hong Kong the most prolific nationality in terms of international departures pax for the same period.
Thus, it appears that the Hong Kong government is making several moves even as the year draws to an end towards sustaining its push for a smarter and better customer experience.
These moves are also all in line with the objectives laid out in Hong Kong’s Smart City Blueprint which state that the HKSAR government seeks to:
- Explore the provision of seamless travel experience by using facial biometrics technology including at check-in, boarding pass checkpoint and boarding
- Provide hassle-free travel experience for passengers by expanding mobile checking services to off-airport locations, such as theme parks, hotels, convention centres, cruise terminal, etc., and providing baggage pick up services
- Facilitate the use of driverless vehicles in designated places, such as the restricted areas in the airport.
Ultimately, the aim is to enable customers and citizens using the airports to enjoy easy and efficient travel with the smart airport.


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Following the Christmas attacks against Xbox Live and the PlayStation Network, it appears as if the FBI is getting involved with the hackers responsible for the attacks. This could spell bad news for the kids who ruined Christmas for Xbox and PlayStation owners.
Xbox Live has been updated with a new set of discounts for Xbox 360 and Xbox One. The usual assortment of deals are accompanied by two more Countdown to 2015 price cuts.
Boyd Multerer, former director of development at Xbox and the man responsible for the very profitable XNA programming language, has left Microsoft. He's done. He's finished. He's packed up his bags and left the train station. Good bye, Boyd.
The hacker group Lizard Squad brought down Xbox Live and PSN with a DDoS attack over Christmas. In a new interview, one of the members explained why they decided to take the networks offline.
PlayStation Network and Xbox Live were both offline on Christmas Day following DDoS attacks by hackers known as Lizard Squad. Many gamers will be able to use their consoles normally today, though, thanks to a surprise intervention.
PlayStation and Xbox gamers alike are having a rough Christmas. Both Xbox Live and PSN have been disrupted by DDoS attacks.
The second set of Xbox Live's Countdown to 2015 deals are now live. A wide range of games and DLC are now available on the cheap until December 31st.
The new year apparently won't bring any changes to the Games with Gold program. The January 2015 slate for the promotion includes two free games for Xbox 360 and one free game for Xbox One like usual.
Xbox Live is saying goodbye to this year with a series of discounts on Xbox 360 and Xbox One. The first set of Countdown to 2015 deals just went live today.
Itís another week, so that means itís time for yet another piping hot serving of Deals with Gold, brought to you by your local Xbox console. This weekís focus is PopCap games, so expect shambling zombies, glittering jewels and balls bouncing around on pegs aplenty.
Lizard Squad didn't wait until Christmas to victimize Xbox Live again. They launched a DDoS attack on Friday night that took down the online service.
Last night Xbox Live was taken down by hackers. The group responsible for the outage, Lizard Squad, says that this is just a test run for a larger attack.
Microsoft has revealed the new batch of Games with Gold for December. Xbox One owners will get one new free game during the month while their counterparts on Xbox 360 will get two.
Microsoft announced a second round of Black Friday deals for Xbox Live today as promised. Dozens of games on Xbox One and Xbox 360 are now on sale at a steep discount.
Microsoft has launched the Black Friday sale for Xbox Live a bit early. Xbox One and Xbox 360 owners alike can get games and DLC on the cheap for the next few days.


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Eureka Entertainment is set to release REVENGE [ADAUCHI], the tragic Japanese Samurai classic from the screenwriter of Harakiri. Presented as part of The Masters of Cinema Series in its worldwide debut on Blu-ray, from a new 2K restoration. Available from 19th June 2023, the first print run of 2000 copies will feature a Limited-Edition O-card Slipcase.
A cruel jidaigeki masterwork from director Tadashi Imai (Cruel Tale of Bushido) and screenwriter Shinobu Hashimoto, the writer of Masaki Kobayashi’s great masterpiece Harakiri, Revenge is a lacerating attack on the absurdity and hypocrisy of feudal Japan.
An innocuous comment during a weapon inspection wounds the pride of low-ranking samurai Shinpachi (Kinnosuke Nakamura), leading to an argument with his superior. The situation snowballs out of control, leading to a deadly duel and political fallout which threatens the entire clan.
Available for the first time in the UK, the Masters of Cinema series is proud to present Tadashi Imai’s Revenge in its worldwide debut on Blu-ray from a new 2K restoration.
SPECIAL EDITION BLU-RAY FEATURES:*
- Limited Edition Slipcase (First print run of 2000 copies only) featuring artwork by Tony Stella
- 1080p presentation on Blu-ray from a 2K restoration of the original film elements
- Uncompressed original Japanese mono audio
- Newly translated English subtitles (optional)
- Brand new interview with Tony Rayns
- Brand new video piece by Jasper Sharp
- PLUS: A collectors booklet featuring new writing on the film
*All extras subject to change


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E-commerce for agri product ‘new normal, positive’ effect of COVID-19 pandemic
MANILA, Philippines — E-commerce in agricultural marketing and trading has become the “new normal” and one “positive” effect of coronavirus disease (COVID-19) pandemic, the Department of Agriculture (DA) said Friday.
“This is now the one positive aspect that has been brought about by COVID-19 pandemic. Ito na yung isang new normal. E-commerce or e-Kadiwa in agriculture and fisheries will be a new mechanism with which marketing or trading of agricultural produce will happen,” DA Secretary William Dar said during the Laging Handa briefing.
The agency recently launched e-Kadiwa, a website allowing members of the private sector to sell their produce to ordinary consumers and local government units (LGUs).
Since its launch, Dar said about 54 merchants have signified interest to join the platform.
“There are 300 inquiries as to how to join and a set of 54 vendors are applying to be a part of this platform of e-Kadiwa,” Dar said.
Earlier, Dar said this project will give local producers a stable market amid the lockdowns imposed in several parts of the country.
This way, LGUs would also be encouraged to distribute healthier food, instead of canned goods which are the usual staple for relief packages.
“By buying fresh produce, hindi lang yung mas mataas ng income ang makukuha ng farmers, mas highly nutritious fruits and vegetables ang ipamahagi nila sa mga constituents para mas mataas po ang immune defense system,” Dar said.
(By buying fresh produce, the farmers will not only have higher income, but they will provide highly nutritious fruits and vegetables to their constituents which can improve their immune defense system.)
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Toronto-based craft brewery earns Beer of the Year honours for its Spadina Monkey Sour Cherry and continues to impress with its adventurous and eclectic line-up of beers.
TORONTO, June 20, 2017 /CNW/ - Indie Alehouse is pleased to announce that their Spadina Monkey Sour Cherry beer has won Beer of the Year at the Canadian Brewing Awards.
Since opening its doors in 2012, Indie Alehouse has become something of a fixture in The Junction – a neighbourhood that cuts along stretches of Dundas Street in Toronto's west end. "We're not typically driven by anything more than doing what we want to do and, sure, the appreciation of our customers," said Indie Alehouse's owner and chief visionary Jason Fisher. "But, in a competition pitting us against some extraordinarily talented brewers and exceptional product, we're pleased by how well we did and, frankly, it's not even our best beer."
The Spadina Monkey Sour Cherry is a part of Indie's Fates and Furies portfolio, and the result of the tireless efforts of Head Brewer Jeff Broeders and Barrel Aged and Funkworks Beer Program Director Nick Bobas. In addition to taking home Beer of the Year honours, The Spadina Monkey Sour Cherry also snagged a gold medal in the wood and barrel aged sour beer category.
For those who have watched as Indie Alehouse grew from a fledgling start-up to a first-class craft brewery, these honours come as no surprise. "We've been singularly focussed on quality experiences and beers since we opened in 2012" muses Katie Ross, Indie Alehouse's Director of Marketing. "Being recognized for the great work of everyone who madly rushes around Indie Alehouse seven days a week, delivering against this promise, is something that we take seriously."
Home to a veritable revolving door of eclectic and adventurous blends, the now five-year-old brewery has developed a reputation for going against the grain. In an industry long dominated by conventional Lagers and Pilsners, smaller craft breweries like Indie have begun to close the gap by offering a range of compelling alternatives. "We make and serve hard to find Ales like a Belgian Sour, a Double IPA, or an English Porter," explains Fisher. "We make some beers regularly, some once a year, and some are made one time only. We apologize, but when you're dealing with mad scientists, you're a slave to our schedule."
While craft brewers have become increasingly popular over the past number of years, their ongoing struggle with provincial regulations, especially in Ontario, have made access to broader markets difficult. "Things are improving slightly," says Fisher, "and winning a national award is not going to hurt. However, we really need to continue the conversation about fair access to Ontario's beer market."
For Fisher, this conversation is all about choice. "Small brewers like Indie Alehouse bring new ideas, new recipes and, in our case, very, very different flavour profiles to the market. Ultimately, this means more alternatives and better choices for consumers."
And, while regulators have begun to relax some of the conditions imposed on craft brewers, Fisher reminds us that provincial policy remains firmly aligned with the interests of a few major labels. "Spadina Monkey Sour Cherry could never have even existed in Ontario five years ago," admitted Fisher, "but our province's current policies still protect the interests of a core group of corporate monopolies. The industry needs to be restructured to ensure that everyone has fair and equal access to the market."
While the struggle for fair and equitable access continues, Fisher and the rest of the team at Indie Alehouse are pleased to celebrate their award-winning efforts in the true spirit of the craft brewing community. "We're proud and have a lot of people to thank over a few beers of course."
For more information about Indie Alehouse: http://www.indiealehouse.com/about/
More about the CBAC: http://www.canadianbrewingawards.com.
SOURCE Indie Alehouse