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Asian countries cut container trade with Russia amid Ukraine invasion
Export-import trade between Russia and many countries in Asia has already been halted following Moscow’s last week’s invasion of Kyiv which raised severe concern mainly to exporting nations on the possibility of their significant revenue loss.
Especially the imposition of various economic and political sanctions on Russia by the western countries further deepened their worries as uncertainty created about getting payment from Russia as the invader’s banks are set to be deterred from the banking system all over the world due to the sanctions.
Shipping sector officials fear a possible rise in container freight rates in the coming days and weeks as the fuel oil price is rising worldwide following the war.
Bangladesh’s trade with Russia and Ukraine has already started to feel the pinch of the ongoing war. Bangladesh and Russia have two-way trades worth nearly US$1 billion while with Ukraine the trade amounts to around US$350 million.
Shipping companies have already stopped the acceptance of new bookings towards Russia and Ukrainian ports from Bangladesh.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex apparel body, advised its members not to make apparel shipments to Russia at this moment taking into consideration various financial and political sanctions imposed by western nations.
Additionally, several shipping agents have stopped sending cargoes towards Russia and Ukraine, although containers were ready for shipment.
Mohammad Ajmir Hossain Chowdhury, deputy general manager at MSC Bangladesh, said some containers were stuffed with apparel items but he did not send those as the war began.
He noted that exporters apprehending complications over getting payment as various sanctions are being slapped on Russia, thus they are also pursuing wait and see policy in making new bookings.
Mohammed Abdullah Jahir, chief operating officer at Saif Maritime Limited, believes that as oil prices are rising due to the war, box freight rates may go up this month. “Bangladesh’s export and import trade will be affected significantly if the war prolongs,” he said.
Thailand has over US$3 billion in trade with Russia and Ukraine which now become suspended due to the ongoing conflict. Thailand has tasked its fiscal policy office to assess the situation and predict the possible impacts of the war on its economy and trade.
Russia and Ukraine are important sources of import and export for debt-ridden Sri Lanka. The ongoing war has led suspension of both export and import to and from the two countries further deepening the foreign currency reserve situation of the island nation.
Banks in Singapore have halted trade financing for Russian raw materials amid the war, virtually suspending shipment between the two countries. In 2019 Russia exported goods worth US$2.55 billion to Singapore while imports amounted to US$624 million, which now become uncertain.
Japan and South Korea
Furthermore, Japan and South Korea joined the rally and banned export and import to Russia halting shipment to the country that invaded Ukraine last week. The Japanese giant Honda has also announced the suspension of automobile and motorcycle exports to Russia.


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The U.S. Small Business Administration has launched a Women’s Business Center (WBC) here that will be operated by the Urban League of Rochester, N.Y. Inc. (ULR). The new center will carry out the mission of helping women-owned small businesses throughout Upstate New York start, grow and expand their businesses.
“The SBA is committed to helping advance opportunity for all, including for our underserved entrepreneurs who have been disproportionately impacted by the pandemic,” said SBA Administrator Isabella Casillas Guzman. “Women and people of color are starting businesses at the highest rates but face historic barriers to their growth and resilience. With the launch of every new Women’s Business Center, we are advancing equity and focusing needed resources on creating strong enterprises.”
The continued expansion of the SBA’s WBCs will play a critical role in addressing historical inequities and barriers, in addition to bridging opportunity gaps so more of America’s potential entrepreneurs can build connections, find resources, secure access to capital and pursue transformative opportunities, officials said.
“A core part of our office’s mission is to support the development and growth of women entrepreneurs, especially those who have been historically underserved,” said Natalie Madeira Cofield, assistant administrator, Office of Women’s Business Ownership of the U.S. SBA. “As a native of Rochester, N.Y., I know this region has experienced economic challenges that make the expansion of our network and its services within this community much needed and vital. We look forward to continuing to do our part to help grow the small business ecosystem, creating opportunities for women in business.”
ULR will receive a renewable grant award of $150,000 annually to operate the Women’s Business Center. The center will be the SBA’s 140th to offer one-on-one counseling, training, networking, workshops, technical assistance and mentoring to women entrepreneurs on numerous business development topics, including business startup, financial management, marketing and procurement.

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In a recent announcement made on Monday, one of the biggest cybersecurity firms has announced that it would be selling its firm to a group of private investors. This firm is all set to be sold at a price of $14 billion. It wasn’t a long ago that the firm became public and now it is being sold privately. Soon after the death of the firm’s owner, John McAfee, the company will now be sold to private groups.
Talking about McAfee, we can say that it is one of the most renowned firms that have been ruling the cyber security industry by providing several security solutions to the public across the globe. Since the time it was invented, this firm has seen a lot of ups and downs. But, it never failed to meet users’ expectations.
Who took up McAfee?
Now, all of you must be wondering that who or which firm took up McAfee. Well, the firm is taken up by a group of investors. This group is led by buyout firms Advent International Corp., Permira Advisers. Not just this group, but several others have also joined hands together to take up this firm famous by the name McAfee.com/activate. The agreement for this possession has been made privately in a deal. This deal not only includes the present share of McAfee but also the debt that the company had.
Specifications of the deal
Being specific about this deal, we can say that $26 will be paid by the private equity consortium for a share. This was made clear in a statement made on Monday. In addition to the aforementioned shareholders, there are some other groups that would take up some shares of this firm. This is inclusive of Canada Pension Plan Investment Board, Crosspoint Capital Partners, GIC Pvt Ltd., and Abu Dhabi Investment Authority subsidiary. And all these transactions would be made in cash.
On this, the President and Chief Executive Officer McAfee, Peter Leav thanked all the McAfee.com/activate employees for their constant hard work and support. He said that he is very happy to be a partner with the firms that understands how important it is to be cyber safe. Since these firms show a proven success record, therefore, it can be easily guessed that the partnership would definitely prove to be beneficial.
The final takeaway from this piece of news can be that no matter how many ups and downs this firm has seen, it would always come out stronger and would continue to be the biggest cybersecurity giant. Although the firm has been sold this won’t affect the security of people in any way. To have more information on the same, you can check out the official website of McAfee and stay updated with the latest news. We hope that you will continue using this security solution to protect your devices from any kind of cyber threat, viruses, Trojans, and malware.


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A few months ago, I wrote an article about David Rosenthal, the new head of white winemaking for Chateau Ste. Michelle. A comment about the story on Facebook got me to thinking a lot about how we as consumers approach wine.
The person commented that it was too bad Rosenthal chose a winemaking path that wasn’t too creative because it was all about making millions of cases of wine — far from any level of artistry, the person wrote.
I try not to get too riled up about comments on websites (if I did, I’d probably accomplish little else in life), but this one struck a nerve.
Why can’t large-scale winemaking be a craft? Why should we cast downward glances at large wineries? Can’t mega-producers make wine worth talking about?
Let’s start with the first question:
Why can’t large-scale winemaking be a craft?
In fact, it can. In the case of Chateau Ste. Michelle, the Woodinville winery produces about 1.3 million cases of Riesling — more than any other winery in the world (yes, including Germany). Ste. Michelle's Columbia Valley Riesling weighs in at about 800,000 cases. And since the winery doesn’t have a tank that holds 19 million gallons, the Ste. Michelle team bottles that wine over the course of weeks, even months.
With that in mind, the true artistry of the Columbia Valley Riesling is that the first bottle of wine tastes exactly like the last. Consistency at this level is a craft, a marvel.
Why should we cast downward glances at large wineries?
This is the ultimate in wine snobbery. We should all applaud the large winery that can craft delicious, approachable wines at a scale that makes them affordable and widely available.
Those expensive bottles we buy and collect — wines that typically cost, say, $30 or more — are not what we tend to pull out of the cellar for Tuesday night pot roast or Thursday night takeout pizza. Instead, we should seek a steady supply of less-expensive wines, bottles that run $20 or less. Leave those more exclusive bottles for special occasions.
It’s important to remember that if every bottle is a high-priced, hand-crafted fine wine, then how many people would actually become wine lovers? It’s the Washington Hills Cabs, the Charles Smith Velvet Devil Merlots and the Columbia Crest Grand Estates Chardonnays that draw in the curious and convert the macro-brew crowd.
Few of us cut our teeth on Veuve Clicquot, Leonetti Reserve or Domaine de la Romanée-Conti. My first memorable wine was a Yakima Valley Merlot. I can still remember how it tasted, and as I recall, it was about $8 at Safeway.
Where would Washington’s wine industry be without the likes of Chateau Ste. Michelle, Hogue Cellars, Pacific Rim, Charles Smith and Precept? During the past 80 years, Ste. Michelle has plowed the road for the rest of the industry, providing quality wines, viticultural research, winemaker recruitment and global marketing. Today, Ste. Michelle Wine Estates still uses two out of every three grapes grown in Washington (and a whole lot grown in Oregon and California, for that matter). Without these large wineries pushing the industry along, few vineyards would be planted.
(Folks at Ste. Michelle will be the first to say that they also need the artisan producers to raise the status of Washington wine; thus, it’s a symbiotic relationship.)
Earlier this year, we conducted a blind tasting of 22 of the best Rieslings produced in North America. Twenty of them were small-production wines, lovingly crafted by artisan winemakers in such places as New York, Oregon, California, Michigan, Idaho and British Columbia. The top two wines of the tasting: Chateau Ste. Michelle’s Dry Riesling and Charles Smith's Kung Fu Girl Riesling — both wines made at large scales yet stunningly world class when the bias of size was removed from the judges' minds.
Can’t mega-producers make wine worth talking about?
Absolutely. Any member of the Chateau Ste. Michelle wine club will tell you that. While David Rosenthal and his boss, head winemaker Bob Bertheau, focus on the large-scale wines, they also get plenty of opportunities to play. The team crafts no fewer than 10 Rieslings, and nearly that many Chardonnays. While some of those wines hit grocery store shelves across all 50 states, others are made in precious little amounts and make it to just a privileged few.
I recently shared a bottle of Chateau Ste. Michelle 2008 Druthers Cabernet Sauvignon. It was a bottling of fewer than 200 cases. It stole the spotlight at the tasting where I presented it, and the only grumbling came from those who realized they'd never, ever find another bottle of it.
Ste. Michelle and other large-scale producers know they need to provide an outlet for their winemakers to craft wines at an artisan level. It keeps them fresh, sharp and happy.
Some think of Charles Smith as a guy with big hair and a mouth to match. Few realize he makes more vineyard-designated wines — from nearly every American Viticultural Area in Washington — than any other winemaker in the state. His wines range in price from $10 to $140. Ste. Michelle is no different. As a company, its least-expensive Washington wine is around $6 — and its most expensive tops $200 per half-bottle.
Every winemaker is an artist, so let us not forget who actually drives the wine industry.


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The Rosa Desktop Fresh R series gets better with each new edition to its distro lineup. The already-established Rosa Desktop Fresh R was a hit with its series of standard desktop editions released with two flavors of KDE desktop — KDE4 and Plasma 5 — along with the GNOME 3 and MATE desktops. This latest LXQt edition, released last week, adds the ability to run this powerhouse computing platform on legacy boxes with as little as 512 MB of RAM. Each desktop edition is optimized for desktop usage.
From: Linux Insider


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Turkey wants to boost ecommerce to MENA region
Turkey wants to increase its export market share in the Middle East and North Africa. It’s planning new initiatives in the ecommerce sector. Therefore, it will form a virtual committee to promote and help ecommerce companies online.
The Turkish E-commerce Association has announced it will collaborate with the Dubai Chamber of Commerce to form the aforementioned committee. This group will bring together businesses from Turkey with stakeholders in the ecommerce sector from Gulf Cooperation Council states and North African countries.
23 Turkish companies come together with ecommerce giants
Today, during a virtual event, 23 Turkish ecommerce companies – including home appliance brand, non-electronic retail group Boyner, jewellery store So Chic and glassware retailer Paşabahçe – will come together with ecommerce giants from the MENA region, such as Noon, Jumia, Carrefour, Jeeblee, Danube and Lulu.
‘MENA is attractive market for Turkish export’
According to Daily Sabah, the MENA region has been an interesting market for Turkish exports for quite some time now. This is because of the region’s logistical and cultural proximity. The export from Turkey to regional states was worth 30 billion euros last year, which is a 7.1 percent increase compared to the situation one year before.
Ecommerce volume grew 400 to 850%
The newspaper says Turkey is now taking advantage of the ecommerce boom that is taking place across the MENA region. “Reports suggested that the volume of ecommerce trade recorded growth of between 400 and 850 percent in April due to the coronavirus pandemic.”
Turkey is now taking advantage of the ecommerce boom taking place in the MENA region.
ETID’s deputy chair Hakan Çevikoğlu says the ecommerce association will follow the same model as used with this virtual committee to form collaborations with regional ecommerce players in Southeast Asia, China, India, the United Kingdom, Eastern Europe and Latin America.


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Acer expects AI PC demand to emerge by end-2023
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Chipmakers to emerge from the fog in 2H24
Novatek to supply OLED DDIs for iPhones, say sources
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Thursday 28 September 2023
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The latest tough and expanded US restrictions on shipments to China of advanced chips manufacturing equipment, supercomputer chips and high-end AI and HPC chips will not only drastically...
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Chinese foundry houses including Hua Hong Semiconductor and CanSemi Technology recently have successfully raised new funds to finance capacity expansions at their 12-inch wafer fabs,...
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Advanced Micro-Fabrication Equipment (AMEC) announced recently its in-house developed 5nm plasma etching tools have been verified by Taiwan Semiconductor Manufacturing Company (TSM...
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Research Insight: order backlog, China demand to drive Infineon automotive segment in FY24
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Huawei set to open new R&D facility in Japan
Chinese vendor Huawei Technologies is to open a new Research and Development facility in Yokohama, Japan.
It is thought the development has been made to accommodate many of the company’s suppliers and information communication technology companies which are located in the city, according to local Japanese reports.
Huawei will move its two R&D facilities in Japan, presently located in Tokyo, into the new facility in Yokohama’s Kanagawa Ward.
The facility in Yokohama will employ upto 100 researchers, doubling the amount from its two Tokyo bases, which employs 40 people at present.
Huawei intends the new facilities to respond better to demands from Japanese customers and develop new products and technologies.


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Redmi 8 to launch in India on October 9, flagship Sony camera sensor teased
Update October 4 2019 (5:30AM ET): Xiaomi’s India MD and Global VP, Manu Kumar Jain, has confirmed in a tweet that the company will indeed launch the Redmi 8 on October 9 in India. He has also teased a flagship-grade Sony camera sensor and a large battery on the phone.
I *accidentally* showed you a glimpse of our next launch 😆🤭But it’s no accident that #Redmi8 comes packed with Flagship #Sony Camera sensor that is usually only seen in ₹20K+ mobiles! 🤩Arriving on 9th Oct. Are you ready for some #BatteryCameraAction?#Xiaomi ♥ #Redmi pic.twitter.com/I0hKEuhCX2— #MiFan Manu Kumar Jain (@manukumarjain) October 4, 2019
As you can see, Jain says the camera sensor on the Redmi 8 is one that would usually be found on a Rs 20,000 (~ $281) phone. We’re not really sure of the sensor, but it could be the 12MP Sony IMX363 which was also seen on the recently released Redmi 8A. It’s also believed that there could be a Pro variant of the Redmi 8 with a 48MP camera. In that case, Xiaomi could use a Sony IMX586 sensor also found on the Redmi Note 7 Pro.
Further, a Google Play Console listing of the Redmi 8 has also been spotted by 91Mobiles. The listing suggests that the Redmi 8 will pack the Snapdragon 439 octa-core processor. The display resolution is set at 720 x 1,520 pixels. The phone is also listed with 3GB RAM, an Adreno 505 GPU, and Android 9 Pie.
Original Article October 3 2019 (10PM ET): Today, Xiaomi teased a new India-bound device on Twitter, and fans are chanting “Redmi 8.” Xiaomi launched the Redmi 8A in India only a few days ago, but not the standard model, so this is quite plausible.
The purported Redmi 8 launch day is October 9, a couple of weeks before India’s Diwali celebrations commence. Obviously, there is no way to know for sure if this is Redmi 8 or not. But given the demand and the not so subtle eight in the graphic, it’s a pretty safe assumption.
The only other guess we have is that this device could be the rumored Redmi 8A Pro. Historically, Xiaomi does not release Pro versions of it A series of devices, but apparently the 8A is special.
We will find out whether the teased device is the Redmi 8, 8A Pro, or both. Redmi fans should be excited for next week’s launch event regardless. Xiaomi often springs surprises and launches new product streams from time to time, so who knows what else it will unveil at the event.


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A digital clock might seem like a small addition to a smart speaker like the Echo Dot, but Amazon is clearly crafting an affordable speaker for everyday use: one that answers the most common questions and solves the most common problems — all in the most efficient package.
While the original Echo Dot jumpstarted Alexa’s early adoption rates, Google’s Mini smart speaker soon outpaced it in terms of sound quality — a huge feature, considering one of the most common uses for smart speakers is listening to music. leads"> ($40 at Best Buy).
While the device, which came out in 2017, might feel a little light on those extra features that sweeten Amazon’s newest wallet-friendly speakers, Google’s small speaker can certainly stand against any other out there.
At last year’s September event, Amazon went back on the offensive, announcing a new Echo Dot with Clock, featuring a digital clock on its face and a $10 price bump to $60.
A digital display makes answering such a basic question as simple as a glance, and importantly for Amazon, keeps users turning to its smart speaker for basic daily tasks.
Amazon Echo Dot with Clock vs. Google Home Mini: Smart speaker showdown https://t.co/ATW6R80mbQ— CNET News (@CNETNews) September 5, 2020


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Debunking some crowdfunding myths that just arent true
As CEO and co-founder of Crowdcube, Darren Westlake has seen the increasing popularity of crowdfunding as a financing method for startups mired by a lack of clarity around how the process works in practice. In his latest column for Business Advice, Westlake attempts to debunk a few common crowdfunding misconceptions.
Myths exist in every aspect of business life and our industry is no different. Our job is to set the record straight and give both businesses and investors the opportunities and rewards they deserve.
When you work in an industry that is breaking down barriers and challenging the status quo, it’s a pleasure and sometimes a curse. it’s frustrating that after five years there is still a deep misunderstanding from some about how crowdfunding works.
Since day one, Crowdcube has always been a platform that enables entrepreneurs to harness the power of their own crowd of family, friends, customers, contacts and angel investors, as well as engaging with the company’s growing crowd of registered members.
Essentially this is no different to how the world operated before. Friends and family have always been a source of seed funding, whilst angel and venture capital investors have always acted as cornerstone or lead investors, which should be viewed as a positive sign of confidence in the business, rather than as an attempt to trick? investors. The distinction is that crowdfundinghas democratised this funding process by enabling everyday investors to back businesses they believe in, alongside professionals and venture capital firms.
As part of the crowdfunding process it’s commonplace for savvy entrepreneurs to seek investment from their own network while raising finance on a crowdfunding platform. Whilst this can happen at any point before and/or during the raise, all investments become legally binding at the end of the round.
As crowdfunding becomes more popular as a method of fundraising, it’s likely that myths and rumours will circulate and evolve around it, and it is worth addressing some of these for those considering crowdfunding as a route to finance. For those ill at ease, the first thing to remember is that hundreds of businesses, from startups to more established larger companies, and from all sectors, have successfully raised money via the crowd.
One thing an entrepreneur might hear is that the crowd? are unsophisticated. This often comes from those misinformed and unfortunately undermines the credibility of investors. Crowdfunding investors tend to be a sophisticated and knowledgeable bunch, highly educated and affluent, with many working for large global brands, like JP Morgan, IBM and Google. Around 60 per cent of over 100m invested through Crowdcube in 2015 came from ‘sophisticated investors? or high-net-worth individuals.
it’s also important to remember that the crowd brings a collective wisdom alongside the pooling of capital. Diverse experiences, backgrounds, expertise and capital all contribute to whether a business reaches its funding target.
Another interesting myth is that investors will never see a return on an investment. Well it’s already happening with two exits in 2015. E-Car Club became the world’s first crowdfunded exit? when it was sold to Europcar, giving the 63 people who invested 100, 000 in 2013 a multiple return on their investment. Then, Camden Town Brewery sold to the world’s biggest drinks company, AB InBev right at the end of the year. In crowdfunding terms this was an important milestone and has finally seen the industry come of age. In addition, several businesses to raise finance through a bond on Crowdcube, such as the Eden Project, River Cottage and Chilango, have also made interest payments to investors.
More recently weve seen concerns about the regulation of crowdfunding. So now is a good time to put some of these issues to bed. Crowdfunding platforms must be authorised and regulated by the FCA (Financial Conduct Authority), the same as any other reputable financial services provider. The UKCFA (UK Crowdfunding Association) and its members, of which we are one, have worked very closely with the FCA to create a new regulatory framework that balances consumer protection with regulation.
Darren Westlake is the co-founder and CEO of Crowdcube, an online platform that enables startup, early and growth-stage businesses, from a range of sectors, to raise finance with the added benefit of being backed by the crowd.
Online estate agency eMoov.co.uk recently closed a crowdfunding campaign which ended up being the fourth biggest equity share raise on Crowdcube. CEO and Founder Russell Quirk spoke to Business Advice about how he managed it. more»


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Customers of the oft-criticized security and performance program MacKeeper have until Nov. 30 to file a claim for reimbursement, the result of a proposed class-action suit settlement.
Kromtech Alliance Corp. - News, Features, and Slideshows
News about Kromtech Alliance Corp.
MacKeeper, a utility and security program for Apple computers, celebrated its fifth birthday in April. But its gift to U.S. consumers who bought the application may be a slice of a $2 million class-action settlement.


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Mahindra's new electric city car: The e2o
Search Driven for vehicles for sale
Mahindra launches electric city car
If you've meandered around Central London for more than five minutes, the chances are you've seen the super-puny G-Wiz plugged into a charging post at some point.
However, despite still being a firm favourite among the capital's dwellers today, the dinky electric vehicle has been out of production since 2012.
But now there's a replacement. It's called the Mahindra e2o, but it's not as cheap as you might have expected.
The odd looking G-Wiz has been available in the UK since the turn of the century and is a fairly common sight in the nation's capital
Indian manufacturer Mahindra, which is also known for producing low-powered motorcycles, unveiled the all-new model on Friday morning.
On sale in the UK now, it's diminutive scale isn't matched by an equally small price tag.
Available from NZ$26,715 - even after factoring in the British plug-in car grant subsidy - it's more expensive than many conventional-powered city cars rivals, though it does work out cheaper than rival electric compact vehicles like the Renault Zoe and VW e-Up.
The e2o has been on sale in India for two years but the model that will come to the UK is another improvement, the brand claims.
Using a 31kW electric motor, the e2o produces a fairly uninspiring 42bhp and 91Nm of torque.
The Renault Twizy
But due to the light weight it has a fairly impressive top speed of 63mph, which is 10mph faster than the all-electric Renault Twizy, which some might consider as the e2o's nearest rival.
The 14kWh lithium-ion battery pack is said to be good for 79 miles of range, though this can be upgraded to 88 miles if you spec the 'Revive' mode feature, which also comes with remote emergency charging.
A full charge from a home plug socket takes nine hours, though the range topping model can be fully reboosted in 90 minutes on a fast charge.
This higher spec model is called the e20 Tech X, which will cost an additional $NZ6,100 over the standard e2o City model that comes with fabric seats, electric windows, power steering, heating and an LCD digital instrument display.
Stump up the $NZ32,855 for the Tech X version and you get air-con, a Blaupunkt touchscreen sat-nav system and a smartphone app that allows you to pre-heat and cool the car from an iPhone or compatible device.
Upgrades have also been made in terms of safety, which admittedly was a big concern with the flimsy original G-Wiz.
The e2o instead has two airbags, ABS brakes and stability control as standard, and there are even ISOFIX mounts for child car seats in the rear - not that we imagine many will be using them.
Like the G-Wiz, the e2o is expected to resonate well with inner-city workers looking to reduce their commuting costs into the capital, but unlike the model it replaces it will have to endure Euro NCAPs crash test programme, which could have a serious impact on how well it sells in the UK.


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NetEase, the Chinese tech and media company, has officially acquired SkyBox Labs, a Canadian developer known for its work on the highly-anticipated game Halo Infinite as well as other titles such as Minecraft and Fallout 76. This acquisition is just the latest in a series of moves by NetEase as the company continues to expand its portfolio and presence in the gaming industry.
NetEase announced the acquisition on January 6, stating that its gaming division, NetEase Games, will be taking over SkyBox Labs. The Canadian studio will continue to operate independently under NetEase Games’ leadership, but will now have access to the resources and support needed to help scale its work more quickly. According to SkyBox Labs co-founder Shyang Kong, by joining NetEase, the studio will be able to explore “new creative opportunities” and “enjoy access to world-class operating resources and the full breadth and depth of NetEase’s services” to help it grow faster in Canada.
NetEase has a long history of notable partnerships and acquisitions in the gaming industry. In 2021, the company acquired Grasshopper Manufacture, the developer behind No More Heroes and The Silver Case. The following year, NetEase purchased Quantic Dream, the French studio known for games such as Heavy Rain and the upcoming Star Wars Eclipse. In 2019, NetEase also bought a minority stake in Quantic Dream. It’s unclear at this time if NetEase has any plans to acquire more studios, but given its recent trajectory, it wouldn’t be surprising to see another announcement in the near future.
— SkyBox Labs (@skyboxlabs) January 6, 2023
However, not all of NetEase’s recent endeavors have been smooth sailing. The company has faced legal challenges, including a lawsuit from Riot Games in the UK and other countries such as Germany, Brazil, and Singapore. Riot Games alleges that NetEase’s Hyper Front game is a copy of its own game, Valorant. It remains to be seen how this case will play out, as proving copyright infringement can be a difficult task. Nonetheless, it looks like it will be an interesting road ahead for NetEase as it continues to navigate the constantly-evolving gaming landscape.
As the gaming industry continues to grow and evolve, acquisitions like this one between NetEase and SkyBox Labs are becoming increasingly common. Companies are looking for ways to expand their reach and bring new talent and ideas into their fold. It’s clear that NetEase is no exception to this trend, and it will be interesting to see what the future holds for both the company and the studios it has acquired. Only time will tell what new projects and partnerships will come out of these acquisitions, and how they will shape the gaming industry as a whole.


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Mic’Kale Smith, who works as a security guard but has had to take time off to care for her son during the coronavirus disease (COVID-19) outbreak, wears a face mask as she shops with her son Da’Mier at the Tiger Market in Oxon Hill, Maryland, May 20, 2020.
Jonathan Ernst | Reuters
Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarts, according to data released Tuesday by the Conference Board.
The Conference Board’s consumer confidence index rose to 86.6 this month from 85.7 in April. Economists polled by Dow Jones expected consumer confidence of 82.3 in May.
“Following two months of rapid decline, the free-fall in Confidence stopped in May,” said Lynn Franco, senior director of economic indicators at The Conference Board, in a statement. “Short-term expectations moderately increased as the gradual re-opening of the economy helped improve consumers’ spirits.”
As of Tuesday, all 50 states had reopened their economies to some extent. New Jersey also reopened its beaches for Memorial Day weekend.
This is breaking news. Please check back for updates.
Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.


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It has activities in Norway, Finland and Denmark and has 20 employees at production sites in Norway and Denmark, and a sales office in Finland.
In 2009, Hydro Trans delivered 650t of aluminium-based systems. The company said it had struggled to achieve profitability, especially as demand had declined due to the economic downturn.
It is being sold to Norwegian investment group SKA Invest which has previously bought Hydro businesses Hydal and Extrusions Tools. The deal was set to be completed on 1 March.


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RadioShack has completed a new financing totaling $835 million. That figure includes a $535 million credit facility led by GE Capital, Corporate Retail Finance and a $250 million secured term loan led by Salus Capital Partners.
Retailers and manufacturers targeting Gen X and Y shoppers this holiday season should introduce more transparency into their product labels and identify fair trade, conflict-free and environmentally friendly practices.
Lululemon has named former Toms president Laurent Potdevin as the company’s CEO and elected him to its board of directors. Potdevin succeeds Christine Day, who has served as the company’s CEO since 2008 and announced her intention to resign in June 2013.
Currently president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region, David Cheesewright has been promoted to president and CEO of Walmart International, the company's second largest operating segment.


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Nigeria, a country with a rapidly growing population and a booming economy, is embarking on a path toward modernization and technological advancement. One area that is garnering significant attention is smart lighting. The adoption of smart lighting systems in Nigeria, following the path paved by Eglo, a global leader in the industry, holds tremendous potential for the country’s future. This article explores the reasons why smart lighting matters in Nigeria and the impact it can have on the nation’s development.
Smart lighting refers to the integration of advanced technology and innovative design into traditional lighting systems. These intelligent lighting solutions are designed to enhance energy efficiency, improve safety, and provide more personalized and comfortable environments. Smart lighting systems typically consist of energy-efficient light sources, sensors, and connectivity features that enable remote control and automation.
One of the primary reasons why smart lighting matters in Nigeria, is its potential to significantly reduce energy consumption. As the country strives to meet its growing energy demands, it faces numerous challenges, including limited resources and an outdated energy infrastructure. By embracing smart lighting technology, Nigeria can achieve substantial energy savings and contribute to its sustainability goals. Smart lighting systems can adjust light output based on occupancy and natural light availability, reducing unnecessary energy consumption.
In addition to energy savings, smart lighting offers improved safety and security benefits. Nigeria, like many other countries, faces challenges related to crime and public safety. Smart lighting systems can play a crucial role in addressing these issues by providing enhanced visibility and monitoring capabilities. Motion sensors and video surveillance can be integrated into smart lighting infrastructure, enabling real-time detection of suspicious activities and facilitating rapid response.
Furthermore, the introduction of smart lighting systems can contribute to the overall well-being and productivity of Nigerian citizens. Lighting has a profound impact on human health and performance, influencing factors such as mood, concentration, and sleep patterns. Smart lighting allows for dynamic control of light intensity, color temperature, and even circadian rhythm synchronization. This level of customization ensures that individuals are exposed to optimal lighting conditions, promoting a healthier and more productive lifestyle.
Eglo, a global leader in smart lighting solutions, has recognized the potential of the Nigerian market and has made significant strides in promoting and implementing smart lighting technology across the country through its partnership with Citylights group, unarguably one of Africa’s leading lighting company as its the first in West African region.
Eglo’s extensive product range encompasses a wide variety of smart lighting options, including smart bulbs, smart switches, and smart lighting systems for both residential and commercial applications.
The company’s commitment to innovation and quality has earned it a reputation as a reliable and trusted brand in the global lighting industry. Eglo’s smart lighting solutions not only offer energy efficiency and advanced functionality but also boast sleek and contemporary designs that blend seamlessly with any interior or architectural style. This combination of aesthetics and technology positions Eglo as an ideal partner for Nigeria’s journey toward smart lighting adoption.
Eglo Mall 81, Admiral Ayinla Way, Off Freedom Way, Lekki Lagos


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Honda e, la nuovissima Full Electric compatta, è finalmente arrivata. Tecnologicamente all’avanguardia, traccia la strada per un’esperienza di guida innovativa a zero emissioni. 25/03/2019 · The list below shows all HONDA electric models available to buy as new in 2019. Results show NGC Rating, range, charging time and OTR price for HONDA electric vehicles. Use the search box on the right to search for all electric cars by vehicle class.
03/12/2019 · Whether powered by electricity, gasoline, or hydrogen, the Honda Clarity brings you the future today. The plug-in hybrid Clarity is sold nationwide and boasts a claimed 47 miles of electric-only driving range before the gas engine fires up. The all-electric model is available only in California and. Honda presented its first electric model for the Chinese market at the Guangzhou Auto Show. The compact SUV called VE-1 evokes the Honda HR-V model they based it on. It is also the series version of the Everus EV Concept Honda presented at the Auto China earlier in April. Regularly the Honda. 05/03/2019 · Japanese car giant Honda has accelerated plans to electrify its cars, pledging that every single vehicle sold in Britain and Europe will have some form of electrification by 2025. That ranges from cars that are pure electric to hybrids. The announcement came as Honda unveiled an all-electric. Honda strives to electrify two-thirds of global automobile unit sales in 2030. As zero-emission vehicles ZEV, Honda will strengthen the development of electric vehicles battery EV in. 23/01/2019 · Honda’s eagerly awaited electric car isn’t due to go on sale until the end of the year, but the critics have already been behind the wheel of the new EV. The compact car, simply called the Honda e, first appeared at the Frankfurt Motor Show in 2017 as the retro-looking Urban EV concept. That.
View the complete list of all Electric car models, types and variants. Car Models List offers the full list of all Electric car type and upcoming Electric Vehicles. Honda's all-electric NSX 4-Motor EV is more advanced than any Tesla Honda's head of research and development, Sekino Yosuke, has revealed the next-generation Honda NSX could be based on the firm’s 1,000 hp Pikes Peak race car, the NSX-inspired 4-Motor Acura EV Concept. Green-agri. Spazzaneve. Power equipment.
Plus, electric cars have a gauge, like a petrol-powered car, to provide you with plenty of time with audible and visual warnings of low range. If you do come to a stop – while fuel can be brought to a conventional car – your electric car would need to be towed to the nearest charging station. 21/05/2019 · Honda E is finally on sale in Europe. Yes, that is the official name of arguably the best-looking electric car from Honda. The production version of the Honda E electric car can be pre-booked for a refundable amount of just £800 $1,019. The Honda E electric car features 4 doors, circular sockets for taillight and headlight along. 13/01/2015 · Honda had no new products to unveil at this year's Detroit Auto Show, although it did show its hydrogen fuel-cell powered Honda FCV Concept car for the first time in North America. The company announced, however, that it would produce two all-new plug-in vehicles by 2018: one battery-electric car and one plug-in hybrid. DON'T MISS.
honda. is a site operated by Honda Motor Europe Limited “HME” trading as Honda UK company number 857969, with all finance pages being provided and operated by HME’s subsidiary, Honda Finance Europe Plc “HFE" trading as Honda Financial Services company number 3289418, a company authorised and regulated by the Financial. Get latest information on honda electric vehicles 2020 here at. We provide news about honda electric vehicles 2020 along with some other information including honda electric vehicles 2020 and other stuff. 23/10/2019 · Honda revealed all of their model ranges will be electrified by 2022, three years ahead of their previous 2025 target. Honda will release six brand new electric vehicles over the next 36 months in an ambitious push towards the eco-friendly car market. 12/09/2017 · Prices for the Honda e electric city car to start from £26,160 after the government grant, or £299 per month on a PCP deal Making its debut in production spec at the 2019 Frankfurt Motor Show, the all-new Honda e pure-electric city car will cost from £26,160 after the government grant, or £299.Explore an innovative line of quality products from American Honda Motor Company. Find the latest news and information on Honda and Acura brand products. Several electric cars next to charging stations. From farthest to closest, a Nissan Leaf, a Smart ED, and a Mitsubishi i MiEV. This is a list of production electric cars, classified by type of vehicle according to its speed capabilities: highway-capable, urban or city car, low speed or neighbourhood electric vehicle, and race cars. 10/09/2019 · Honda's E electric car is officially here and the production model has kept nearly all the charm and gadgets of the original concept. At the same time, Honda has unveiled pricing and specs for the urban EV, and that's where things get interesting. As the company revealed last week, the Honda E. 29/06/2012 · The 2013 Honda Fit EV is a fun and well-executed little all-electric hatchback. It's quick, handles decently, gets the highest EPA efficiency rating of any vehicle on the market 118 MPGe, and its rated range of 82 miles is longer than that of the somewhat larger Nissan Leaf. Too bad you have very little chance of buying one. That's. According to Honda, the Sports EV Concept "combine[s] EV performance and artificial intelligence inside a compact body with the aim to realize the joy of driving with a sense of unity with the car." Its exterior is inspired by the Honda S600. It shares the front and rear lights, as well as the dash, with the Urban EV.
In addition, electric cars are more efficient than gas cars and cost less to operate and maintain. We’ve ranked every electric car available in 2019, based on overall USN Scores. On each slide, you’ll find information related to each EV’s price,. Keep reading to learn more about today’s best electric cars. 26/11/2017 · Honda is planning a fix for one of the biggest downsides of electric car ownership as soon as five years from now. According to Nikkei, the world’s largest manufacturer of internal combustion engines claims it will have EVs capable of a full charge in just 15 minutes by 2022. 02/07/2019 · Don’t tell me you’ve finally driven this adorable little thing? That’s right – not very far, and not for very long, but we’re the first outside of Honda to slide across the recycled polyester seat, look out over the concave triptych of screens and take a drive in perhaps the most hyped electric car not to. Honda unveiled the Urban EV concept at the 2017 Frankfurt Motor Show on Tuesday, an electric car it plans to sell in Europe by 2019. Honda unveiled the Urban EV concept at the 2017 Frankfurt Motor Show on Tuesday, an electric car it plans to sell in Europe by 2019. 20/05/2019 · Honda's adorable electric car is officially on sale. The company has already received 24,000 expressions of interest in the little EV.
25/05/2018 · Honda will begin its assault on the global electric car market with a new Jazz-based vehicle due to launch in 2020. According to the Nikkei Asian Review, Honda is preparing a Jazz-based EV with a range of around 300 kilometres. When Hachigo talks about electric cars, he is including plug-in hybrids, fully electric cars, and fuel cell–powered cars like the Honda Clarity. There are reports that Honda is working on translating the 1000 horsepower four-motor electric powertrain used in last year’s NSX Pikes Peak challenger for use in a production car. 02/07/2019 · The finished version of the E Prototype will be Honda’s first fully electric series-production car and serve as a spearhead for the firm’s plan to offer an electrified version of every model in its range by 2025. But so far, there’s no news on any pure EVs that will follow. Electric vehicles have fewer moving parts and fewer fluids to change than traditional cars, so long-term savings can be substantial. We’ve pored over our rankings to find every battery-electric car with a starting price that’s less than $50,000. Actually, most of the cars on our list have an MSRP between $30,000 and $40,000. 30/08/2017 · Honda Honda plans to launch two fully electric cars in 2018. One will launch in China, and the other will likely launch in Europe. The company plans to unveil an electric EV concept for the European market at the Frankfurt Motor Show in September. Honda is taking aim at Tesla and launching two electric cars by 2018.
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The BBC has made its impact on the VR industry over the years. Their broadcast of the 2018 FIFA World Cup in VR has not gone by unnoticed. In a new effort, the broadcaster will host the world’s first virtual reality Prom. For classical music enthusiasts, this is an event to look forward to. The audiovisual experience is inspired by postcards sent home by World War I soldiers.
Turning the Night of the Proms into a VR venture will not happen anytime soon. However, the BBC is taking steps toward making it happen at some point in the future. Their VR Prom event will see 400 Prommers put on a VR headset for the seven-minute show which premieres on August 221. Nothing to be Written will highlight the potential of virtual reality in the classical music industry.
Another Big VR Move by the BBC
Commemorating the First World War through this immersive technology is an important step by the BBC. Two cutting-edge experiences will be on display in two weeks from today. Next to the seven-minute special experience, there will also be a 25-minute viewing from “inside’ the Royal Albert Hall in virtual reality. It is evident the BBC has high hopes for VR in this regard, although it remains to be seen how viewers and attendees will respond.
So far, the expectations for this VR experiment are quite substantial. Expectations range from “excited” to “spectacular”, which can only happen if the experience works flawlessly. Considering how the VR technology is still in the early stages of development, it is not unlikely hiccups will occur at some point. One can only hope things will not get out of hand too badly.
The BBC needs to be commended for taking this rather unusual approach. Mering traditional events with innovative technology is something that hardly ever works out well. Whether or not the VR Prom will be a different creature in this regard, remains to be determined. For fans of this type of music, exploring the VR side of the spectrum can be well worth it.


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Fast-food restaurants’ healthier offerings don’t do much for Americans’ bottoms or the chains’ bottom lines. After all, experts say, customers generally don’t show up for the supersized salads. Burger King hoped to change that with its new “Satisfries,” but announced on Wednesday that its menu will be a little lighter from now on: Satisfries are getting the chop.
Introduced last September, Burger King’s Satisfries were an attempt to appeal to people who were worried about calories, and Burger King claimed they had 30% fewer calories and 40% less fat than McDonald’s
When Burger King US:BKW returned to the public market in June 2012—introduced one of the biggest menu revamps since the company began in 1954. Its “fresh offers” include strawberry and banana smoothies, Caesar salads and crispy chicken strips.
As for smoothies, though the blended yogurt drinks tend to have higher margins, they are unlikely to ever beat sales of fries, says R.J. Hottovy, an analyst with Morningstar. “Guilty pleasures still carry more weight for consumers,” he says. “But the industry is in a secular decline so it’s looking for new ways to drive traffic.”
Indeed, studies show even the prominent display of nutritional information has had mixed results in changing customer behavior. One 2008 study in the “American Journal of Public Health” said Subway patrons who saw calorie information purchased 52 fewer calories than other patrons. However, another 2011 survey in the “British Medical Journal” said only one-in-six New Yorkers counted calories before making a purchase. One explanation: even the healthy options are not always so healthy, according to Steffie Woolhandler, professor of public health at the City University of New York. “Frozen yogurt products have as many calories as ice-cream,” she says. Burger King’s menu, for instance, includes a mocha frappé with caramel sauce (600 calories for a 20-ounce cup).
That said, adding salads and other healthy choices does help fast-food chains appeal to families—if only to get them in the door, experts say. A McDonald’s spokeswoman says the restaurant aims to provide options for all tastes, “whether you want oatmeal or a Big Mac.” But Hottovy says it’s tough to change the consumer’s perception of a fast-food restaurant even with a wider selection on the menu. That’s why KFC’s “Double Down”—two pieces of bacon and cheese smothered by two giant hunks of breaded chicken—was a hit online and in the restaurants, Hottovy says.
The chains’ attempts at healthy fare often don’t do as well. Here are four of the biggest nutritious fast-food flops:
Dairy Queen’s Breeze
The 1990s had high-waisted jeans, “Friends” and Dairy Queen’s Breeze. The latter is probably not as famous as the rest—with good reason. The Breeze was a low-fat “cholesterol-free” frozen yogurt vanilla drink, says Dairy Queen spokesman Dean Peters. It was marketed as a healthier spinoff of the Blizzard, a “soft-serve” whipped dessert with 5% butter fat. (Technically, Peters says a dessert needs to have 10% butter fat to be deemed real ice-cream.) Alas, the Breeze was blown out of the soft-serve machine by the Blizzard. “The Blizzard was way, way bigger,” Peters say. “It’s still our No. 1 signature product.” In its first couple of years, the Blizzard sold over 100 million. “The demand wasn’t there so it was phased out,” he says. Figures for the Breeze, which was discontinued at the end of the 1990s, weren't available. Dairy Queen has since abandoned all drinks with frozen yogurt.
Wendy’s Tomato Surprise
In 1985, the girl with the Nancy Reagan red pigtails launched a vegetarian treat aimed at health-conscious customers: a tomato with cottage cheese and pineapple. There was no bread and it was served on a small plastic plate. Customers just said no. “It didn’t fare well and we had to take it off,” says company spokesman Denny Lynch. The name didn’t stick either and remains locked away in the archives. But these tomato and cottage cheese treats got a big push: at that time, Wendy’s
Burger King’s Sliders
In the 1980s, Burger King’s sliders came, went, came back, and slipped through the flame-broiled grill of posterity once again—before making one final appearance in 2009. The chain’s attempts at popularizing mini-burger sliders never became part of the main menu. In 1987, the fast-food chain launched a series of sliders called Burger Bundles (costing 99 cents) and Burger Buddies—different name, same idea—later in the 1980s and Burger Shots in 2009 ($1.39 for a two-pack and $4.09 for a six-pack). The TV advert for Burger Bundles which lives on through YouTube, “Try ‘em on for size!” But Americans tried them and decided that bigger was better. Burger King currently offers man-sized burgers only. The biggest remains the Triple Whopper Sandwich. It carries a whopping 1,140 calories. Burger King did not respond to requests for comment.
McDonald’s McLean Deluxe
Supershrink me. That’s what McDonald’s
McDonald’s Hula Burger
If it sounds like something people eat on honeymoon in Hawaii, that is probably because the Hula Burger—a slab of pineapple and cheese sandwiched between two buns—only became a regular part of McDonald’s menus in Hawaii, according to a spokeswoman for the restaurant chain. In the early 1960s, Lou Groen, an owner of a chain of several McDonald’s franchises, had a wager with the company’s then-chief Ray Kroc to see who could come up with a meat-free Friday favorite; many Catholic customers in those days did not eat meat on Fridays. Kroc developed the Hula Burger and Groen created the Filet-O-Fish, a sandwich with fish, cheese and tartar source. The Filet-O-Fish is still a staple on McDonald’s menus everywhere, while the Hula Burger essentially danced its way into oblivion.


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Sanofi-Aventis Acquisitions Could Double OTC Sales By 2014
This article was originally published in The Tan Sheet
French drug maker Sanofi-Aventis is establishing an OTC division and plans to double revenues from nonprescription drug products within five years
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Colgate appoints new CFO
Sanofi-Aventis gains a leadership position in China's OTC cough/cold market with its $520.6 million acquisition of BMP Sunstone, the latest in the global pharma's parade of consumer health buys.
Each week, “The Pink Sheet” presents commentary on some of the week’s most interesting business deals, contributed by the editors of the IN VIVO blog. Visit the blog at http://invivoblog.blogspot.com.


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- German factory orders fell 2.1% in October
- World Bank: The number of malnourished as a percentage of the developing world's population has also started to rise again. After falling from 20 percent in 1990-92 to just under 16 percent in 2003-05, it now stands at almost 18 percent. The U.N. Food and Agriculture Organization says a long-running decline in farm investment is the main culprit behind food shortages and estimates $44 billion in new investment is needed annually to boost agriculture in developing countries.
- NY ADL new high
- Indonesia may import 500,000 metric tons of white sugar starting in December to meet an expected domestic supply shortfall in 2010
- (Reuters) - Big, full-service brokerages have lost a significant chunk of business to online firms that told small investors they are better off making their own decisions
- (Bloomberg)... Coffee lowers the risk of Type 2 diabetes by increasing the body’s ability to use
insulin to convert blood sugar to energy, previous research has shown. ...


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CDC Announcement: Salmonella Outbreak Linked to Kellogg’s Honey Smacks Cereal
For Immediate Release: June 15, 2018
Contact: Media Relations,
CDC is investigating a multistate outbreak of Salmonella Mbandaka infections linked to Kellogg’s Honey Smacks cereal. Read the investigation announcement: https://www.cdc.gov/salmonella/Mbandaka-06-18/index.html.
- CDC, public health and regulatory officials in several states, and the U.S. Food and Drug Administration are investigating a multistate outbreak of Salmonella Mbandaka infections.
- There have been 73 ill people reported from 31 states, including 24 people who have been hospitalized. No deaths have been reported.
- Illnesses started on dates ranging from March 3, 2018 to May 28, 2018.
- On June 14, 2018, the Kellogg Company recalled 15.3 oz. and 23 oz. packages of Kellogg’s Honey Smacks cereal. Recalled Kellogg’s Honey Smacks cereal has a “best if used by” date from June 14, 2018 through June 14, 2019. The “best if used by” date is on the box top.
- Consumers should not eat and retailers should not serve or sell recalled Kellogg’s Honey Smacks cereal.
- If you have recalled Kellogg’s Honey Smacks cereal:
- Throw out the cereal or return it for a refund.
- If you store cereal in a container without the packaging and don’t remember the brand or type, throw it away.
- Thoroughly wash the container with warm, soapy water before using it again to remove harmful germs that could contaminate other food.
- People get sick from Salmonella 12 to 72 hours after swallowing the germ and experience diarrhea, fever, and stomach cramps.
- Most people recover within a week, but some illnesses can last longer and be more severe.
- This investigation is ongoing and CDC will provide more information as it becomes available.
If you have further questions about this outbreak, please call the CDC media line at (404) 639-3286. If you have questions about cases in a particular state, please call that state’s health department.


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Apple has purchased the rights to a new documentary about lauded music producer and executive Clive Davis, and will be making it available exclusively on Apple Music. Clive Davis: The Soundtrack of Our Lives offers a look at the life and career of Davis, who has worked with artists such as Bruce Springsteen, Whitney Houston, and Aretha Franklin throughout his career, and has won a total of five Grammy Awards.
“Apple is a global innovator that has revolutionized the distribution of music,” said Davis in a statement. “It is a touching honor to share the music and unique stories that have shaped my career with millions of Apple Music subscribers around the world. I am overjoyed to work with them to continue this incredible journey!”
The film, directed by Chris Perkel, debuted at the beginning of the Tribeca Film Festival in New York on April 19. The premiere of the film was followed by a concert that featured Aretha Franklin, Jennifer Hudson, Carly Simon, and many more.
At this time, it is unknown when Clive Davis: The Soundtrack of Our Lives will become available on Apple Music.
- Apple Music Review
- Apple Music FAQ
- iCloud Music Library Ultimate Guide
- Apple Music help
- Apple Music discussion


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Unilever, the Persil to Flora group, yesterday lifted the deadline on its $18.4bn (£11.8bn) bid for Bestfoods as the US maker of Hellmann's mayonnaise was accused by shareholders of acting improperly in turning down the Unilever cash offer.
Unilever had given the Bestfoods board until the close of US business yesterday to respond to its bid but scrapped the ultimatum about six hours ahead of time, saying that it wanted to negotiate an agreed deal.
A spokesman for Unilever said: "The deadline has been lifted but the proposal is still on the table. We are still seeking a meeting with Bestfoods' board and we are patiently awaiting their response."
He confirmed that the Anglo-Dutch company had put in place $20bn of funds to back its $66-a-share offer "so if things move forward we are in a position to act".
The spokesman refused to comment on reports that Joan Cohen, a Bestfoods shareholder, had filed one of a handful of lawsuits in Delaware Chancery Court, Wilmington, alleging that the US group's directors acted out of self-interest in rejecting Unilever's approach as "inadequate" on Tuesday.
Ms Cohen alleges that "the rejection of Unilever's offer [will] ensure their continued positions in the company."
She also says the rejection will deprive Bestfoods' shareholders of the premium that Unilever is prepared to pay, or the enhanced premium that negotiation with Unilever or other potential bidders could provide.
In her lawsuit, Ms Cohen asks a judge to order Bestfoods' directors to seriously consider the sale of the company, and seeks damages and legal fees.
Gale Griffin, Bestfoods' official spokeswoman, said: "As we stated on Tuesday, we believe the proposal from Unilever is inadequate and not in the best interest of our shareholders. These kinds of lawsuits are totally to be expected ... We will defend them vigorously."
Ms Griffin said the company had received support from many shareholders, including institutions, for the rejection of the $66-a-share offer. She would not comment on the company's likely response if Unilever raised its bid.
Asked whether the group would be prepared to negotiate a price, she said: "I can't comment on possible outcomes ... They have made no new proposal. What we have to deal with is the proposal on the table."
Unilever shares closed up 16.5p at 365.25p.
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Toyota has shut down production of its assembly plants in Woodstock and Cambridge after one of its suppliers was hit by a COVID-19 outbreak.
Toyotetsu in Simcoe has voluntarily shut down its operations after eight employees tested positive for the virus.
tap here to see other videos from our team.
It produces such parts as brake pedals, hood locks, radiator supports and rear suspension components for Toyota’s Ontario plants.
“We are monitoring the situation closely and will advise our production employees once the parts supply issue has been resolved,” reads a Toyota statement on the closing.
Toyotetsu has about 1,200 employees.
In addition, Cami Assembly in Ingersoll, which has been closed since Feb. 7, announced Friday it will be shut down until June 28 due to a shortage of semiconductor parts used in automotive assembly.
Workers are on a blend of employment insurance and a workplace fund that brings them to about 70 per cent of pay.
“I wish we were working. We only have so many years to make money,” said Mike Van Boekel, chairperson of Unifor Local 88, which represents the workers.
Demand for semiconductor chips is up because of the coronavirus pandemic and increased demand for laptop computers and other personal electronics that use the chips. Cars also use them in a variety of parts and technology systems.


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Siemens Information and Communication Networks, a division of the company based in Munich that makes telecommunications equipment, hadto use i2's Global Logistics Monitor application to set up an online order tracking system that lets employees and customers check the status of orders at any time.
But last fall, Siemens found that the application did not have key features it needed, nor was it able to handle the high number of transactions the business generated. So the company decided to develop its own application, rather than wait for i2 to fix the problems.
i2 fixed the application in late December after eight weeks of working on it. Now Siemens is deciding whether or not to use the fixed application instead of its own software, which is already in use at the ICN division, according to i2.
Siemens purchased the i2 software in 2000 in a $100 million sale, the largest ever for i2. The scope of the Siemens project is vast, involving a three-year deployment of 50 different i2 applications at 100 Siemens divisions operating in 200 countries.
Siemens has successfully implemented other i2 applications and is otherwise satisfied with i2's products, said i2 spokesman Brent Anderson. The problem at Siemens ICN is just a normal part of any large-scale application project, he said.
"That was one isolated instance of something that didn't meet their requirements," said Anderson.
Siemens was unavailable for comment.
Though i2 downplayed the issue, it disclosed the troubled Siemens project in regulatory filings this week as a risk related to business.
"Siemens has asserted certain claims against us regarding issues they claim to have experienced with respect to some of our software products and services," the filing states. "Whether customer claims of this type are founded or unfounded, if such claims are not resolved in a manner favorable to us, they may affect the market perception of our company and our products. Not only could this have an immediate effect on our stock price, but the potential resulting damage (to our reputation) could affect our ability to sell our products, which would seriously harm our business, operating results and financial condition."
The company has first-hand experience with that scenario. Last year, i2 customer Nikesoftware glitches in the i2 applications for order delays and excess inventory in its footwear division that contributed to the company missing earnings targets. Following that news, i2 shares plunged, and its shareholders filed a class-action suit against the company for not disclosing problems at Nike in regulatory filings.
News of the Siemens snafu follows warnings from i2 earlier this week that it expects to miss revenue targets for the first quarter.


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Netgear has patched a high-severity vulnerability affecting many WiFi router models and is warning its customers to update their devices to the latest firmware immediately.
The BleepingComputer he says:
The flaw affects many models of Wireless AC Nighthawk, Wireless AX Nighthawk (WiFi 6) and Wireless AC routers. Although Netgear did not disclose any information about the component affected by this bug or its impact, it stated that it is a pre-authentication buffer overflow vulnerability.
The impact of a successful buffer overflow exploit can range from denial of service errors to arbitrary code execution during an attack.
Attackers can exploit this flaw in low-sophistication attacks that do not require authentication or any interaction from the device owner.
In a security warning published Wednesday, Netgear says it "strongly recommends downloading the latest firmware as soon as possible."
A list of vulnerable routers and patched firmware versions you can find here.


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Nintendo has not had a Direct in a long time, with the last coming well before the launch of the Nintendo Switch. It’s been a rather great month and a bit for the console though, with Nintendo increasing their sales forecasts and titles like Breath of the Wild still managing to be the talk of the town. But there are other games on the horizon without release dates, and it’s surprising that Nintendo is willing to talk about them just a few weeks before E3. But for Splatoon 2 and ARMS, that’s exactly what we expect.
Nintendo’s Direct tomorrow will focus heavily on the two Switch titles, with many believing that both titles will get release date news during the livestream. Both exclusives were revealed with tentative “’Summer 2017” release windows, so we could be looking at dates that aren’t exactly far off. Of course, most Switch players already got some hands-on time with Splatoon 2 thanks to the Global Testfire last month. I found it really fun in a familiar sort of way.
The rest of the Direct will shift focus to some other upcoming Switch and 3DS titles, which should include Fire Emblem Echoes: Shadows of Valentia. The 3Ds title is still expected to launch this year, so I’d expect Nintendo do deliver some new gameplay and perhaps even a third release date of the night.
This Direct then opens up the doors for Nintendo at E3. The company has already stated that they plan to go big at the event, and with titles like Mario Odyssey and Xenoblade Chronicles 2 still slated for 2017, it’s easy to see why. The Direct is taking place at 6pm Eastern time tomorrow, which converts to midnight on the morning of Thursday for everyone locally.
Last Updated: April 11, 2017


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Image source: La Ronge Northerner
On Friday, Tesla unveiled the company’s future product: a humanoid robot prototype that can walk.
The unveiling took place during Tesla’s second annual AI Day in Palo Alto, California.
During the six-hour event, Elon Musk and his company shared updates on “Full Self-Driving” artificial intelligence, the Tesla “Dojo” supercomputer and a humanoid robot.
The robot, named Tesla’s Optimus, walked stiffly on stage during the event.
Optimus met the crowd by slowly greeting them, and waved its hands for over a minute.
According to Tesla CEO Elon Musk, that night was the first time Optimus had operated without a chain.
Robotics developers use tethers to support robots, especially since they cannot walk in the early stages without falling and injuring themselves.
Comparing Optimus with other robots
Despite the impressive display, Optimus’ skills show that he is still within walking distance of what robots can do at Huwandai-owned Boston Dynamics.
Boston Dynamics has developed robots that can move without a chain.
In addition to Boston Dynamics, Honda has been developing robots called “Asimo” for nearly two decades.
In its final form, Asimo was a child-sized human robot.
Asimo is able to do things on his own, including walking, running, climbing, climbing stairs, and working on objects with its fingers.
Video clips have shown that it can also perform backflips and even complex dance routines.
According to Musk, however, Optimus can do a lot more.
“The robot can actually do a lot more than we just showed you,” he said.
“We just didn’t want it to fall on its face.”
Tesla showed videos of Optimus performing various tasks such as watering plants with a water canister and lifting crates.
Early development of the Tesla robot
Elon Musk says the robot could change civilization.
Despite its limitations, when the robot was shown against rivals last Friday, it was well ahead of what Tesla revealed in 2021.
At this time, a person in a robot costume entered the stage and danced.
“Last year was just a person in a robot suit,” Musk said before introducing Optimus.
“We’ve come a long way. Compared to that, it’s going to be very impressive.”
According to Elon Musk, if the robot were mass-produced, it would “probably” sell for less than $20,000.
Tesla said Optimus has an edge over its competitors.
Its capabilities include autonomous navigation with Tesla’s “Full Self Driving” driver assistance system.
However, Tesla’s “Full Self-Driving” feature requires a human to take control in an emergency, as they are unable to fully drive themselves.
The humanoid robot also reduces costs thanks to its knowledge of the automotive sector gains in manufacturing.
Tesla price targets
Throughout its history, Tesla has had aggressive price targets that the company often fails to meet.
For example, the Tesla Model 3 was initially going to cost $35,000.
While potential buyers could purchase the vehicle for the promised price, this was only possible at Tesla stores.
Today, the cheapest Tesla Model 3 costs $46,990.
When Tesla introduced the Cybertruck in 2019, the price was initially $39,990.
However, the price has been removed from the website and the truck is still not available for purchase.


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Photography Show Discounts and Rewards
Infocus Photography Show Discount
PHOTOGRAPHY insurance specialists Infocus, will be offering 12 months cover for the price of 10 at this year’s Photography Show.
The team will be on stand J71 for the four-day event in Birmingham, starting on March 18.
The offer is available to customers requesting a quote at the show, and as always, they will be handing out chocolate frogs and pens.
It’s the sixth year the Infocus team, based in Altrincham, Cheshire, have visited the show.
Sales director Steve Hewlett, said: “It’s a show we always look forward to. It’s our sixth year and we are looking forward to meeting new people and catching up with some familiar faces.”
Infocus policies are specifically designed with the photography industry in mind, and are available to professional and amateur photographers and film-makers.
The firm’s products are underwritten by Hiscox and were created with flexibility and customer needs in mind, with basic and standard options available, as well as the ability to create bespoke cover.
The Photography Show kicks off on March 18 at the NEC in Birmingham.
To find out more visit www.infocusinsurance.co.uk


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As the Guatemalan crop floods the Gulf region at reduced rates, Indian cardamom is losing its flavour on the export market. This has made it easier for GCC nations to purchase more Guatemalan cardamom, which is now going for $5–12 a kg compared to $10–18 in India, depending on the grades.
M. Dhanavandhan, a cardamom exporter in Bodinayakkanur, claimed that demand and prices for Indian cardamom were favourable up until August. However, thanks in large part to favourable deliveries from Guatemala at lower rates, the spice suddenly faced muted demand. Before, there were a number of problems for Indian exporters related to the lack of available containers and an increase in maritime freight.
All of these concerns have since been resolved, but Guatemalan produce’s increased arrivals pose a threat. The threat has been downplayed by official authorities, who claim that Indian cardamom always sells for more money on the foreign market. Exports reached a record 10,572 tonnes in 2021–22 at an estimated value of 1,375 crores, up from 6,486 tonnes in 2020–21.
As prices moved lower and remained in the range of $9,25,950 per kg in the auctions, trade anticipation for a Diwali sales bonanza appeared to be waning. The market trend is speculative, according to auctioneer PC Punnoose, CEO of CPMC Ltd. The price rise can only be anticipated when carryover supplies in consuming centres are sold off during the Diwali festival.


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Written on June 13, 2014 at 3:39 pm , by Bethany Cianciolo
After an unsuccessful attempt at popularizing two different health services for users (Google Health and Google PowerMeter: more info about that here), Google is planning to try again, this time with Google Fit, Forbes reports.
The service—reportedly launching later this month during the Google I/O conference—will provide users with an easy way to track and collect health data from different health-related apps they’re already using. Forbes reports that the service will even be offered through a wearable device that will measure steps, heart rate, and will sync with Google’s cloud-based services. Google might sync the app with Android Wear’s smart-watches, too, so that anyone wearing multiple Android devices can use Google Fit to store all of the information in one place.
Interestingly, the news comes soon after Apple’s release of Health (and its partner HealthKit), which similarly aggregates information from different health-based apps—basically creating a file cabinet that privately stores personal information like sleeping patterns and blood pressure, so you can easily access it whenever you may need to touch base with a doc.
We’re excited to see what the Internet giant rolls out later this month and how it will—or won’t—compare with Apple’s Health. Similar or not, we know one thing’s for sure: everyone’s excuses for not exercising and eating right are quickly shrinking. It’s about time!
More from FITNESS:
Written on September 3, 2013 at 2:07 pm , by FITNESS Intern
Written by Alena Hall, editorial intern
With summer coming to an end and a post-vacation workload piling up on your desk, National Yoga Month could not have arrived at a better time! In 2008, the Department of Health and Human Services dedicated the month of September to raising awareness of yoga’s benefits—improving strength, flexibility, posture, breathing and stress management—so what better way to celebrate than hitting the mat? Studios, teachers and brands nationwide filled these 30 days with a variety of events to help newcomers and experienced yogis alike strike a pose in fun, budget-friendly ways. Take advantage of these special classes, programs and even an app to balance both your mind and body.
- New York City’s Pure Yoga studios are offering a selection of free yoga classes between Monday, September 9 and Friday, September 13 for first-time visitors and longstanding members. Be sure to sign up for these zen sessions soon – spots will go fast!
- Athleta and YogaGlo teamed up to create a series of free online yoga classes available throughout September. The videos are separated into three practice levels to meet every yogi’s needs. If group fitness is more your style, Athleta storefronts are also hosting special events all month long. Visit their website to find one near you.
- For the yogis with limited free time, DailyBurn.com is offering a free, 30-day trial of their online yoga program YogaFlow. This video progression caters to practitioners of all levels by integrating different styles such as mobility, meditation and strength recovery yoga.
- Internationally acclaimed yoga expert and teacher Christine Martitz developed Dive Into Yoga, a mobile app for iPhone and Andriod that helps you take your practice virtually anywhere! The 26 professional videos demonstrate each posture with far more detail than other apps that rely on still images alone.
More from FITNESS:


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The first flat-panel iMac began shipping in the US yesterday. However, rumours claim that UK customers will have to wait for the 15-inch flat-panel, all-in-one 800MHz G4 with SuperDrive iMac.
Phil Schiller, Apple's senior vice president of worldwide product marketing, said: "We have taken 150,000 pre-orders for the new iMac in the first three weeks - which is more than all the pre-orders we received for the original iMac in 1998. It's sure looking like the new iMac is going to be a huge hit with both Mac users and PC switchers."
The iMac ships with a suite of applications designed to add value to a plethora of digital products. The software includes: video-editing program iMovie 2; digital-music app iTunes 2, iDVD 2 and iPhoto, Apple's solution for acquiring, editing and sharing digital images.
The second new iMac, scheduled to ship in late February will be the 700MHz G4 model with Combo drive. Apple plans to ship the third 700MHz iMac in March.


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Enjoy the last digest of this year—as always, we have collected hand-picked news about the AR/VR industry. Today we will discuss new tools, devices, and some facts about VR—we filter a large stream of resources to bring the most exciting pieces to you every month.
Subscribe to keep a hand on the AR/VR market or just find something entertaining.
Digit of the Month
Click on the news you are interested in to read the full article.
Right now, Google is actively hiring new employees to work on an “Augmented Reality OS” for a new “innovative AR device”. The whole thing is still a secret, but what we know is that this team will be led by Mark Lucovsky. He previously worked at Meta developing an in-house alternative to Android.
On December 9, Meta opened a new version of its metaverse in Horizon Worlds. The platform is available to US & Canada who are 18 years old or older on Quest 2 and Oculus PC.
Despite high expectations, the new metaverse is reported to be a mix of VRChat and Roblox and have lack of security against harassment and toxic behavior.
California’s Stanford University has launched its first class that is fully in Virtual Reality. The new class is called “Virtual People” and is taught by a professor of communication – Jeremy Bailenson. Jeremy has been teaching students about VR for nearly 20 years and decided that the best way to demonstrate it is to create a full course experience with VR.
The school called Optima Domi will launch Optima Classical Academy for the 2022-23 school year and enroll 1,300 students from grades 3 to 8. At the school, founders believe that bridging the gap between technology and a well-established curriculum will let students experience an immersive and collaborative educational experience unlike any other available.
Recently, Intel has made its first statement on the metaverse, and it’s not that positive. Intel raised a key issue related to metaverse ambitions – there’s not nearly enough processing power to go around. Intel’s senior vice president says, that the computing storage and networking infrastructure is simply not enough to enable metaverse, and a 1,000x increase in power is needed.
Business Value of AR in Media & Entertainment
How do modern businesses use AR to increase their revenues and outperform their industry competitors?
Virtual Reality is now more accessible than ever, and even the price of VR headsets goes down. So, game developers and gamers take advantage of this – in 2021, the market of VR games was richer than ever.
Video of the Month:
Snapshots from Augmented World Expo – Conference in Santa Clara, California, November 2021.
Tools & devices:
Analysts from Bank of America state that Apple Inc. may be planning to add to its product arsenal with an AR device, which will greatly help its stock. The device will probably arrive at the end of 2022 or the start of 2023. As it has been seen from the previous rumors, the device could support both AR and VR.
The Chinese company has introduced a new commercial AR device – it will allow users to receive biometrics data right in front of their eyes. These glasses do not cover the user’s entire field of view like it is done in Oculus or Hololens. In Oppo Air Glass there is a small clip-on with a micro projector paired with a microLED display embedded into an eye-facing lens.
The interface is also nothing like what you would expect from AR glasses – it shows primarily textual or stylized information displayed in monochrome. Users can control these glasses via voice, touch, or head gestures.
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A developer with extensive expertise in AR/VR, very ingrained into the topic of Mixed Reality development. Shares his knowledge and the results of many years of work.
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Here is an excerpt:
Just over a month ago, a couple of African-American guys went to Starbucks to meet a friend of theirs. They hadn’t ordered anything but asked to get the key for the restroom door. They were told that the restrooms were only for paying customers, so if they wanted to use the restroom, they would have to order something. When they refused, they were asked to leave. And when they refused to do that, the police were called, and the men were arrested.
And chaos ensued.
It’s amazing how one incident at a coffee shop in Philadelphia has garnered nation-wide media coverage for multiple weeks.
For context, the population of the United States is just over 326 million people. Starbucks has over 27,000 locations worldwide; as of 2017, there were just over 8,200 in the United States.
And because two guys were denied access to a restroom at one Starbucks location, the entire chain has been condemned for racial bias. There have been protests and social media outrage. The national media has brought constant updates for several weeks. The corporation’s CEO has publicly apologized. Starbucks just closed its 8,200+ stores in fact to put its employees through “racial bias training.”


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The companies are announcing the partnership this week. It’s less about integration and more about getting MidoNet to talk to switches that run Cumulus Linux.
Specifically, they can talk via the Open vSwitch Data Base (OVSDB) protocol, which provides access to a switch’s configuration database. OVSDB is the protocol used by VMware to get a switch to become an endpoint for a VXLAN tunnel — a temporary Layer 2 connection used for tasks such as connecting one virtual machine to another.
So, what we’re talking about here is creating a VXLAN tunnel that connects a Cumulus-driven switch to elements inside the MidoNet virtual network.
Midokura already offers software gateways that can do this. What’s different now is that the Broadcom Trident II switching chip is available, and with it, native hardware support available for creating VXLAN tunnels. This frees up general-purpose processors from having to use up cycles trying to run VXLAN (and possibly not running it at wire speed).
Cumulus is a software company, offering a Linux operating system to run on bare metal switches, also known as white boxes. It doesn’t make its own switches (although it can sell Cumulus Linux pre-loaded on white boxes.) Its OS has been adapted to tap some of the Trident II features, VXLAN tunneling among them.
The companies say they will be able to demo the results of their partnership in May, with general availability expected in the third quarter of 2014.
Picking a VXLAN Partner
Many vendors ship or plan to ship Trident II-based switches. Moreover, OVSDB and VXLAN are at the heart of VMware‘s NSX network-virtualization platform. When NSX came out in August, plenty of switch vendors pledged they could interoperate with it, in most cases because Trident II, OVSDB, and VXLAN figured into their plans as well.
In other words, Cumulus isn’t the only switch company Midokura could have partnered with. But Midokura officials say Cumulus better fits the philosophy of openness prized by so many other SDN-related companies.
“Yes, engineering [at Midokura] is looking at those alternative platforms,” says Dan Conde, Midokura’s director of products. “But we like the way Cumulus looks at it. Cumulus is more aligned with people who like to work at scale and work with automation.”
Controlling the physical and virtual networks together is becoming a theme in the industry, and rightly so, since it’s a pragmatic approach to SDN. Big Switch Networks, for example, is basing its strategy around using one controller for the physical and virtual networks.


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Food company in the US, Hormel Foods has launched the new easy-to-open 200g tub for its Spam brand, which will complement the existing 200g and 340g can varieties.
The new resealable plastic tub will appeal to younger consumers, claimed the company.
According to the company, the key benefit of the tub is less wastage. It can be resealed once opened, and stored in the fridge for up to two days.
Hormel brand manager Liz Dee said the easy opening format will encourage potential consumers to buy into the category.
"Many of our older consumers, who may have conditions such as arthritis, will now have easy access to the content which will give them a new reason to purchase SPAM® Chopped Pork and Ham," Dee added.
The tub will be rolled out in Tesco from mid July and ASDA in August.


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By Tataur - 09.02.2020
Bitcoin legal in pakistan 2020
list of countries where Bitcoin/ICO/Cryptocurrency is legal & Illegal. Let's find out which these countries are and which crypto coins are legalized by which countries. Iran; Lebanon; Turkey; India (banned by banks); Pakistan; China; Japan Development Company For Any Project in (With Examples). As of February , Bitcoin was legal in the U.S., Japan, the U.K., Canada, and most other developed countries. In general, it is necessary to look at Bitcoin laws.
Many countries around the world are beginning to understand the value that cryptocurrencies offer bitcoin legal in pakistan 2020 their economies and have set laws bitcoin legal in pakistan 2020 regulate it.
The mainstream adoption of cryptocurrencies, especially Bitcoin, has already happened and those who refuse to see it will be left behind.
There are still some countries that see cryptocurrencies and Bitcoin as a threat to their economy. However, there is no law that prohibits its residents from buying and selling Bitcoin.
Bolivia Bolivia has once again reaffirmed its reluctance to allow the use of cryptocurrencies in the country due to recent criminal practices carried out bitcoin legal in pakistan 2020 some inhabitants. After having denounced a hidden pyramid scheme under a supposed investment in cryptocurrencies, the Central Bank of Bolivia issued a statement in which they remind the population that the use of virtual coins is prohibited.
Iran The Central Read article of Iran officially banned the use of cryptocurrencies in financial transactions to prevent bitcoin legal in pakistan 2020 laundering and terrorism.
The measure is considered part of the actions of Tehran to control the money market after the rial reached its lowest level this month. His decision was confirmed by the arrest of a dozen bitcoin legal in pakistan 2020, allegedly involved in the management of digital currency exchanges in the territory of Nepal.
Bitcoin legal in pakistan 2020 The Bank here Thailand issued a statement asking financial institutions not to engage in cryptocurrency transactions for fear of possible bitcoin legal in pakistan 2020 surging from unregulated trade.
The central bank said that cryptocurrencies were not legal tender https://review-tovar.ru/2020/bitcoin-private-key-brute-force-tool-2020.html Thailand adding that it worried that they could be used in illegal activities such as money laundering or support for terrorism.
In recent months there have been some developments announced by the Thai government that it will not ban cryptocurrencies altogether and that they are developing a regulatory framework for them. India India warned its citizens about how dangerous cryptocurrency can be and has encouraged the population to not use it.
Denmark Its use has not read article banned it can be used but the government rejects it and has said that it will not regulate bitcoin legal in pakistan 2020 use of bitcoins for now.
Ecuador The Central Bank of Ecuador reported that the cryptocurrency known bitcoin legal in pakistan 2020 Bitcoin is not a means of payment authorized for use in the country.
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