text:
Videa, a Cox-backed supply-side platform bringing automation and data-driven decision-making to broadcast television, announced today that it has entered into a multi-year partnership agreement with Videology, a leading software provider for converged TV and video advertising, to enable media buyers to programmatically plan, buy and report on television advertising.
The company made the announcement today at the 2015 National Association of Broadcasters Show(NAB Show), where it is participating in the third annual SPROCKIT (booth # N2530-29) – a program that recognizes startups in media and entertainment that have immense potential to shake up the industry. Today Videa is also hosting an informational session, “The Power of Broadcast with the Ease of Automation,” 2:00 p.m. – 3:00 p.m. PT. (South Hall # S224), which features panelists Peter Diaz, executive vice president of Gannett; Kevin Gallagher, executive vice president, local activation of Starcom; Mark Kaline, former global media director of Kimberly-Clark and Ford Motor Company; Michael O’ Brien, vice president of sales of E.W. Scripps; David Palmer, president of HRP; and Shereta Williams, president of Videa.
The Videology agreement will allow advertisers and agencies to work with Videa’s broadcast clients to optimize advertising campaigns, improve workflow efficiencies and utilize data-enhanced audience targeting to drive value and new demand for linear television.
“Digital media has shown us that the more we can target with precision, the more relevant the message, and the better the results,” said Amanda Richman, president, investment and activation, Starcom. “Any technology that can help us drive these same enhanced results across screens, whether a Smartphone or SmartTV, is clearly valuable to our clients and necessary in today’s converging media landscape.”
As consumer viewing shifts across devices, advertisers are increasingly interested in targeting viewers across devices using a common set of data and metrics to measure, optimize and improve returns. Offering premium TV content within a programmatic platform—which to date has been the most challenging inventory to access at scale—allows for true converged advertising across all screens.
In a recent survey, approximately 20 percent of senior ad buyers said they expect to start using programmatic for traditional TV advertising this year. Another 67 percent said they would consider programmatic traditional TV at some point (Cowen and Company, 2014).
“We know that there is tremendous interest in extending programmatic buying to TV, so our partnership with Videology, whose technology is used by some of the largest demand sources in the world, was a logical choice,” said Shereta Williams, president of Videa. “This partnership will allow media buyers to plan and purchase more targeted TV buys across platforms with greater simplicity and transparency, while exposing our broadcast partners to new sources of demand.”
Videa has deep broadcast roots and, as a result, developed its technology for television, a much different approach than the digital RTB model. Videology developed its software for the demand-side with a similar focus, allowing users to programmatically plan and buy media in a forward-reserve manner, the way television has always been planned and bought.
“We initially developed our software to correspond to the shifts that we saw coming in the way that consumers were watching TV content, specifically around TV and video convergence” said Scott Ferber, chairman and chief executive officer, Videology. “What’s so exciting about this partnership with Videa, is that as broadcasters make more premium inventory accessible for data-enabled, automated planning and buying, our vision is coming full circle. The best part is that this type of converged planning and buying is driving tremendous results for advertisers.”
Videa provides sales automation solutions and services that are designed to simplify the buying and selling of television advertising. We specialize in integrations with traditional television buying systems and traffic system data, yield optimization and audience targeting. Owned by Cox Media Group, Videa is laser-focused on ensuring our supply-side platform for linear TV is the leading solution for local broadcasters to monetize their inventory in an automated fashion. Learn more at videa.tv.
Videology (videologygroup.com) is a leading software provider for converged TV and video advertising. By simplifying big data, we empower marketers and media companies to make smarter advertising decisions to fully harness the value of their audience across screens. Our math and science-based technology enables our customers to manage, measure and optimize digital video and TV advertising to achieve the best results in the converging media landscape.
Videology, Inc., is a privately-held, venture-backed company, whose investors include Catalyst Investors, Comcast Ventures, NEA, Pinnacle Ventures, and Valhalla Partners. Videology is headquartered in New York, NY, with key offices in Baltimore, Austin, Toronto, London, Paris, Madrid, Singapore, Sydney, Tokyo and sales teams across North America.


text:
He stole money from his customers, including a cancer patient, to gamble. However, Leon Mann, the former owner of Gainsborough Roofing in Lincolnshire, UK, won’t go to prison for his crimes.
Mann pleaded guilty to 12 acts of fraud between December 2019 and May 2021, for which he received a suspended sentence of 16 months. He will also have to pay a fine of £10,000 (US$12,600), according to The Business Desk.
The outcome could have been worse, but it isn’t uncommon. This past March, an employee who stole from his employer in order to gamble was given a suspended sentence with 150 hours of community service.
Easy Come, Easy Go
A nine-month investigation resulted in the sentence and fine. Lincolnshire Trading Standards, the local branch of the government’s consumer watchdog, launched the investigation in 2020 after receiving multiple complaints from residents. However, Mann continued to scam his customers, despite knowing that he was under investigation.
Trading Standards learned that Mann received deposits from potential customers for roofing work, taking in anywhere from £500 to £2,750 (US$630.25 to $3,466) at a time. However, instead of spending the money buying materials and beginning the jobs, he immediately turned around and spent it gambling online.
As the customers realized that Mann wasn’t starting the work, they began contacting him for explanations. In some cases, the repairs were desperately needed, and delays exacerbated problematic situations.
One customer, for example, paid over £2,000 (US$2,520) to fix the leaky roof of a house where a cancer patient lived. Another, undergoing radiation treatment at the time, paid £2,750, but work never began. Neither customer received refunds.
Mann concocted different excuses to explain the delays. Sometimes, it was because of personal illness; other times, a family illness. Bad weather, car trouble and COVID-19 also became reasons why he couldn’t do the work.
When the customers began pressuring him, his once soft and friendly demeanor was replaced by aggression and intimidation. This led them to contact Trading Standards, bringing to an end Mann’s escapades.
Time to Face the Music
Trading Standards passed the case off to the Lincoln Crown Court because of the seriousness of the offenses. Last month, appearing before a judge, Mann breathed a sigh of relief when he avoided going to jail.
Instead, he received the sentence, which the judge suspended for two years. In addition, he must make restitution of £9,410 (US$11,850) to his victims within six months. He also has to pay court fees of £2,500 (US$3,148) within a year.
Gainsborough Roofing is apparently still in business. The company’s website is active and appears to have been updated earlier this year. On Google, it has just eight reviews that give it an average rating of 3.1 out of five stars.
The post UK Businessman Who Stole from His Customers to Gamble Won’t Spend Time In Prison appeared first on Casino.org.

domain: news


text:
Bank of America and Electrify America announced plans to more than double the number of financial centers equipped with electric-vehicle (EV) charging stations by the end of 2023.
As of the beginning of this year, 172 Electrify America individual EV chargers have been installed at 46 financial centers – totals the companies intend to grow to more than 350 chargers at over 90 financial centers by the end of 2023.
“Electrify America is expediting the electric future by providing ultra-fast charging to customers in convenient locations,” said Anthony Lambkin, senior director of operations at Electrify America. “Collaborating with companies such as Bank of America – who share our goals for a more sustainable future – helps to accelerate the transition to electric transportation and meet customers’ needs.”
Through Bank of America’s collaboration with Electrify America, which began in 2019:
- In the first five months of 2022, the totals have expanded to 192 EV chargers across 51 centers in California, Florida, Georgia, Illinois, Maryland, Massachusetts, New Jersey, Oregon, Virginia and Washington.
- The companies plan to expand the number of EV charging stations in existing states, as well as add charging stations in several new states including Colorado, Connecticut, Indiana, North Carolina, New York, Oklahoma and Texas.
“At Bank of America, our commitment to a more sustainable future is woven into our culture and the many ways we serve our clients and communities,” said Aron Levine, President of Preferred Banking at Bank of America. “Through our collaboration with Electrify America, we’re making life easier for the communities we serve and are helping lead toward a more sustainable future.”
In addition to adding EV chargers to financial center locations, Bank of America is an EV100 member and also has EV charging stations available at employee offices. Currently, the company has EV chargers installed at more than 100 locations for employee use, as part of its workplace charging initiative that launched in 2017.
The acceleration of financial centers equipped with EV chargers is the latest demonstration of Bank of America’s commitment to supporting low-carbon solutions and accelerating the path to net zero. Most recently, the bank announced a grant to fund electric vehicles for the Wayne Health Mobile Unit in Detroit and announced 2030 financing activity targets as part of its net zero commitment.
Source: Bank of America


text:
Taylor Swift surprised fans with another new release this week.
The musician, who dropped her newest album folklore last week, shared a new version of her latest single, “Cardigan”, but announced it would only be available for 24 hours.
Swift titled the new version “Cabin In Candlelight”. It’s available as a digital download, and on CD, Vinyl and 12″ vinyl until midnight on July 30.
The singer also released a music video for the song, taking fans behind-the-scenes on her surprise new album’s photo shoot.
The video for cardigan “cabin in candlelight” version is out now using new behind-the-scenes footage from the album photoshoot. You can watch it here: https://t.co/rsSvCRO6P3 pic.twitter.com/7lAbxpLybG
— Taylor Swift (@taylorswift13) July 30, 2020
Swift’s album was quick to break records last week, with it selling over 1.3 million copies across the globe in just one day.
Over on Spotify, it broke the world record for most first day album streams by a female artist at 80.6 million and on Apple Music, it was the most-streamed pop album in 24 hours at 35.47 million.


text:
Security Trends: Why Attackers Attack Non-Financial Accounts to Steal Money
Hackers are becoming more and more inventive in trying to gain control over other people's financial information. According to a recent study by Javelin Strategy & Research, about 16.7 million people suffered fraudulent attacks and theft of personal information for financial fraud in 2017, and the total amount stolen amounted to more than $ 16.8 billion.
At the same time, according to analysts, the behavior of cybercriminals has changed lately, and now, to steal money from Internet users, they attack accounts in services that, at first glance, are not related to finances.
Changes in the actions of hackers
According to Al Pasqual, senior vice president of the information security company Javelin, the popularity of various attacks changes over time and depends on how profitable they are for crackers. "For example, the advent of cards with chips caused a surge in fraudulent manipulations with credit cards in the online space, and illegal operations in ordinary stores have declined."
One of the potentially dangerous trends is considered “fraud using a new account”. Under this scheme, thieves use social security numbers and other victim data they have obtained to break into non-financial accounts or open new accounts. Hackers then use fake accounts to gain access to the victim’s existing financial accounts. The number of such attacks over the past year has tripled:
How it works
As part of this attack, attackers collect as much data as possible about the victim. Information can be used that was intercepted when working with an unsecured Wi-Fi connection, passwords leaked as a result of hacking of large services, etc.
Then, instead of trying to attack the victim’s bank account, hackers register new accounts in her name in popular online services and connect a compromised financial account to them as a means of payment.
This tactic, despite its complexity, has several advantages for scammers. For example, transactions made in some online services are not immediately displayed in bank statements. In addition, such services usually have less advanced anti-fraud systems. This allows you to lull the vigilance of the bank - because when a hacker initiates a money transfer in this format, for the security system it looks as if the user transferred to himself.
As a result, accounts such as Amazon or PayPal are increasingly being used for attacks such as new account fraud.
How to protect yourself
To avoid such troubles, users should independently take care of their own safety on the Internet. Use different and strong passwords in each of the services that offer paid services, as well as make transactions and share personal information on the Internet - these data can be used by attackers to conduct attacks.
You can protect your data with two-factor authentication: it should be applied not only to financial accounts, but also to other personal accounts, as fraudsters are interested in collecting all possible information about their potential victim.
James Chessen, Executive Vice President of the American Center for Banking Services for Payments and Cybersecurity, also recommends regularly checking your accounts and activating notifications of any new actions with them in order to be able to track potential fraud or identity theft in advance.
Other materials on the topic of finance and stock market from ITI Capital :
- Educational Resources ITI Capital
- Analytics and market reviews
- How the use of the word “blockchain” allows companies to increase capitalization
- How will the trading of bitcoin futures on the Chicago stock exchange be organized
- Things to do during the holidays: we write robots for trading on the exchange in the scripting language TradeScript
- Where is it more profitable to buy currency: banks vs exchange


text:
Massachusetts motorists took home about $2.5 million in rebates through the commonwealth’s electric vehicle (EV) rebate program last year.
The program, named Massachusetts Offers Rebates for Electric Vehicles (MOR-EV), was started in June 2014 in an effort to encourage Bay State residents to buy or lease electric vehicles by offering rebates of up to $2,500 for their purchase.
The program covers battery electric vehicles, plug-in hybrid electrics powered by gasoline and electricity, and fuel cell electric vehicles.
To date, the program has issued 1,606 rebates to Massachusetts motorists valued at exactly $3,794,750. Of that amount, $2,457,750 in rebates was issued in 2015.
In December, the Massachusetts Department of Energy and Environmental Affairs (EEA) issued 135 rebates, the most in a single month to date.
And the car brand with the most rebates is….
Tesla earned the award for most popular EV, receiving 412 rebates to date, more than any other auto manufacturer. Just behind the all-electric carmaker comes Chevrolet with 313 rebates, Nissan with 310, and Ford with 217.
Story continues after gallery.
See the most popular alternate-fuel cars in Massachusetts in 2015:
More to come
Katie Gronendyke, a spokesperson for EEA, says the commonwealth is actively working with automakers to help dealerships sell more electric vehicles. In 2014, Massachusetts entered an agreement with seven other states to put 3.3 million zero emission vehicles (ZEVs) on the road by 2025. Massachusetts’s share of that figure is 300,000 ZEVs.
While the Bay State is currently a long way from meeting its goal of getting 300,000 ZEVs on the road by 2025, Gronendyke expressed confidence that Massachusetts will meet its target.
“The Baker-Polito Administration is fully devoted to a clean energy future that reduces Massachusetts’ greenhouse gas emissions… and continues to implement multiple initiatives to increase the number of electric vehicles on the road,’’ said Gronendyke in a statement.
Gronendyke says the state is also working with private employers and MassDOT to build a larger network of charging stations. According to EEA, drivers are 20 percent more likely to purchase an EV if they can access a charging station at their workplace.
Massachusetts has also launched Mass Drive Clean, a campaign that offers test drives of electric vehicles in an effort to help residents learn more about them.
EVs at the New England Auto Show
Next week, the 2016 New England International Auto Show kicks off at the Boston Convention and Exhibition Center. (Boston.com and The Boston Globe are sponsoring the event.) According to a statement from Governor Charlie Baker’s office, over 25 alternative fuel vehicles will be on display at the show.
MOR-EV will have a booth at the auto show to answer questions about available state and federal rebates.


text:
Japanese retailer Daiei has booked a drop in first-quarter earnings as soaring raw material prices, competition and low consumer sentiment hit profits.
In the three months to the end of February, net profit fell to JPY1.34bn (US$13.4m) from JPY2.24bn a year earlier. Operating profit dropped to JPY811m from JPY1.45bn last year, the retailer reported today (5 July).
While on a “moderate recovery trend”, Daiei said it had experienced “soaring” import fuel and raw material prices, intense competition and low consumer confidence due to reduced disposable incomes in the quarter.
Sales, however, climbed 5.9% in the period to reach JPY193.39bn.
Click here to view the full earnings release.


text:
A controversial measure proposing fewer medical marijuana restrictions for doctors and patients met with a hard stop early in the session, as sponsors pulled the bill without public testimony. There were some wins for marijuana proponents later on, however, including successful proposals to protect online dispensary sales and off-hour cannabis use by licensed workers. State marijuana regulators successfully pushed a bill that would give investigators more power when dealing with potentially harmful marijuana products, as well.
Perhaps the most notable bill, however, was a lengthy measure that attempts to regulate Proposition 122, the…
All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator
Read more from original source here…


text:
Albertsons LLC to Eliminate All Self-Checkout Units
Albertsons LLC, the privately owned 217-store chain is eliminating the self-checkout units from all of its stores, citing that they preventing the grocer to provide the level of service it wants to deliver to its shoppers.
"Our customers are our highest priority – and we want to provide them with a great experience from the time they park their car to when they leave,” Christine Wilcox, Albertsons LLC spokesperson told Progressive Grocer. “As we’ve changed our stores over the last five years to better meet the needs of customers, we noticed that our Self Checkout Lanes weren’t allowing us to provide the customer service experience that we want people to have when they shop with us."
According to Wilcox, less than half of its stores (approximately 100) have the self-checkout units installed, and they will be removed by the end of the summer. The self-checkouts will be replaced by standard “H” lanes or express lanes, depending on the format of the individual store’s front end.
The benefits of self-checkout are still up for debate; some grocers say they create a perception of reduced service levels, while others say the exact opposite – that shoppers who don’t have to wait to use a self-checkout unit and can avoid the lines of manned units feel they are the ones getting better service.
Still, as an increasing number of products require staff intervention, shoppers’ views of self-checkout may change. Fresh & Easy, which has been 100 percent self-checkout (or what it refers to as “assisted checkout”) since its first stores opened, may need to install one fully-staffed checkout in each store if proposed wine legislation passes.
Assemblywomen Fiona Ma, who represents the Richmond District in the California State Assembly, is the author of AB 183, which the grocer has nicknamed, the "Son of Tesco Fresh & Easy Law," which has already passed in the California State Assembly is currently in the California State Senate. If AB 183 passes in the senate and is signed into law by Governor Jerry Brown, it would ban the sale of alcoholic beverages at self-service checkout stands.


text:
This issue of Trend Watch has a common theme: Restaurant Labor.
Employees are one of the largest expenses in running a restaurant. Competition is heating up and businesses are trying to squeeze every penny of profit out of their restaurant. So it isn’t surprising that there are technology solutions stepping in to help.
Both the Wall Street Journal and Wired Magazine have feature articles on Alex Vardakostas‘ new San Francisco restaurant, Creator. The point of interest isn’t the food, but the way that it is cooked. A robotic “burger bot” creates all the restaurant’s burgers without human intervention.
From the slicing of the brioche bun, to freshly sliced pickles, onions and tomatoes, to toppings applied down to the ounce, the burger is precisely assembled without the aid of a human cook.
This isn’t the first foray into robotic burger chefs. We’ve seen Flippy, the burger flipping robot in action. But unlike Flippy who just turns burgers over on the grill, the new burger bot at Creator takes the process all the way without human intervention.
Is this the first step in replacing human chefs with robots? Perhaps. But keep in mind that robots really excel at repetitive, narrowly defined tasks. It will be a while before we have fully robotic chefs. But the point here is that there are ventures afoot to take humans out of the equation. And the future may be closer than you think.
Celebrity Chef Daniel Boulud and a group of MIT grads have designed a gourmet restaurant called Spyce, where the food is prepared by robots. This goes way beyond flipping burgers and may be a window into the future of the restaurant industry.
We Don’t Need No Stinkin’ Cashiers
If you have been in some McDonald’s or Wendy’s locations lately, you may have noticed a new addition to the ordering area: Self-Service Kiosks. These large touchscreen devices are being phased in at many locations. They allow a customer to customize, order and pay for their food without interacting with a human.
To date, we haven’t seen any major chain restaurants completely phase out human cashiers. But as we discussed in our article on Google’s new Duplex AI, it seems like this is an area where human jobs may indeed be at risk.
By using self-service kiosks, restaurants can reduce the number of employees needed to service their customers, thus, reducing costs.
A subtle variant of this idea is being seen in tabletop tablets used for ordering in some fast casual restaurants. These tablets also allow customers to order without assistance from a human server, although typically a human would be needed to actually serve the food.
Card Please, No Cash
Another trend may go hand-in-hand with self-service ordering: Going Cashless. There have been quite a few articles on the rise of cashless restaurants of late. Famous chefs such as David Chang and Danny Meyer both have concepts where cash is on the outs. It’s all about the card now.
But these cashless utopias are not without their controversies. Some say that going cashless is actually classist and discriminates against lower socio-economic status customers.
But even setting aside that issue, there are actual costs involved in going cashless. The primary cost involves credit and debit card fees. These transaction fees can eat into already thin margins for the restaurant.
Fortunately, many of the current kiosk systems also allow for cash payments, much like self-service checkouts found at grocery stores. However, the research seems to indicate that cashless transactions are speedier. Given this, there may be a move toward more cashless, self-service businesses in the foodservice industry.
Foodservice Workers: The New Frontier for the Gig Economy?
The foodservice industry has a central conflict between two trends. First, as noted above, restaurants are looking for ways to reduce the number of employees needed as a way to reduce costs. But at the same time, there is a shortage of foodservice workers available to fill open positions.
Some pundits have blamed the shortage of foodservice workers on services like Lyft and Uber that allow workers to set their own hours and work flexibly.
But now a new service intends to use that same methodology to put the principles of the gig economy to work in the restaurant business.
A new service called Pared aims to connect restaurant workers looking for shifts with restaurants that need help.
Much like an Uber driver, workers can pick up shifts for which they are qualified at a variety of different restaurants in their area. This gives the workers an unprecedented level of control over their employment. However, critics are quick to point out that working in this manner often means that these transient employees will not qualify for benefits such as health insurance or paid time off.
So while it may come with some scheduling benefits, being a gig-based restaurant worker probably isn’t for everyone.
But it does show how the industry is reacting to all the various trends afoot. And it remains to be seen whether workers will embrace the gig-style of work in the restaurant industry.
All in all, the delicate balance between restaurant industry profitability and restaurant workers will continue to be the focus of trends worth watching for quite a while to come.


text:
P5Q-WS, P5Q3 Deluxe and P5Q-E.
May 15, 2008
Splashtop Linux Gets on Every ASUS Motherboard
DeviceVM, the company that produces Splashtop, announced yesterday that their Linux distribution would get on four new models of ASUS motherboards. ASUS integrated Splashtop on the brand new P5Q family of products, so now there are twelve motherboards that run Splashtop. The new motherboard models are P5Q Deluxe,


text:
It's not surprising that the high costs of food and gas have prompted more Portlanders to ditch their cars and go by bike. But another trend's taking root, too: More moms are hopping on bikes and taking their kids along for the ride.
For some perspective on the trend, I stopped by Clever Cycles on Southeast Hawthorne the other afternoon to chat with owners Martina and Todd Fahrner. The year-old shop specializes in bikes for families and for people who want to use their bikes for more than commuting. Their customers tend to be folks - often families with young children - looking to replace their cars for running errands, hauling the kids to school and other day-to-day stuff.
"We have a lot of moms coming in who haven't biked in 10 years," said Martina Fahrner, a co-owner of Clever Cycles in Southeast Portland. "We have the possibility to put (a mom) on a bike, we make them comfortable and give them the confidence to actually ride around with their kids. It's really cool."Fahrner knows what she's talking about when it comes to biking with kids. She and her husband, Todd, have never owned a car. ("I'm as much an SUV mom as any other mom," said Martina, recounting how she peddles to her 5-year-old son's soccer games.)
She said she's had a steady stream of moms drop by the shop in the past six months to talk bikes. They're looking for something comfortable, something that can carry one or two little kids and can fit the groceries, too. The hottest seller: the Xtracycle. "They sell like hotcakes," she said. "It's amazing." She attributes the Xtracycle's popularity to word-of-mouth and bloggers, like this Portland mom who's got a widely read blog.
The good thing about the Xtracycle is it doesn't have to involve a new bike. Moms can attach the extension to the bikes they already own. And it can carry two kids and the groceries.
Parents have lots of options when it comes to buying the right bike. Attaching a couple seats - one in front and one in the back - is probably one of the cheapest. (Around $330 for both seats.) The Xtracycle extension costs about $450.
The spendiest option is the Dutch cargo bike, known as the bakfiets, which is popping up around town. With a steep price tag of about $3,000, the bike is no bargain. But families who plan to bike frequently with two or more kids like the space it offers. (Clever Cycles has already sold 100 bakfiets.)
Check out this MSNBC clip on the bakfiet's growing popularity:
Over at BikePortland, where blogger and dad Jonathan Maus keeps track of all things bike-related, he's posted a review of family bikes based on his wife's search for the perfect family bike.
Thinking about biking more with the kids? Check out this site for bike maps and workshops.
What about you? Have you thought about going by bike? What bike do you use?
-Noelle Crombie; email@example.com


text:
ONE of the billionaire brainboxes behind TikTok is stepping down as CEO of ByteDance, the Chinese company that owns the hit video app.
Zhang Yiming, 38, said Thursday he will leave the role because he lacks managerial skills and preferred “reading and daydreaming” to running the tech giant.
- Read all the latest Phones & Gadgets news
- Keep up-to-date on Apple stories
- Get the latest on Facebook, WhatsApp and Instagram
He bows out with a net worth of $44.5billion, according to Bloomberg, placing him 31st on a list of the world’s richest people.
It follows a crackdown on China’s booming tech sector by Beijing, which has levied heavy fines — including on Bytedance last month — for allegedly flouting monopoly rules.
Political leaders have also issued warnings to companies’ billionaire digital bosses about their responsibilities to society.
Zhang leaves the task of navigating tightening regulations on Big Tech worldwide to college roommate, long-time colleague and current human resources head Liang Rubo.
In an employee memo on Thursday, Zhang said the change would “enable me to have greater impact on longer-term initiatives”.
He will move to a “key strategy” position at the end of the year, ByteDance said in a statement.
Zhang, who did not address his role as chairman, in the memo called Liang “an invaluable partner” with “strengths in management, organization, and social engagement”.
ByteDance’s biggest management shake-up since its launch in 2012 comes less than a month after its chief financial officer, Shouzi Chew, became CEO of flagship short-video app TikTok.
It also comes as Chinese regulators increase scrutiny of the country’s biggest technology firms.
In April, they slapped e-commerce giant Alibaba with a $2.8billion fine for anti-competitive practices, and last year suspended fintech affiliate Ant Group’s initial public offering.
Anti-trust regulators have also told Tencent they are preparing to fine the gaming giant as much as $1.55billion.
Zhang, who turned ByteDance into a social media force, in the memo said he was not a social person and lacked the skills of an ideal manager.
He also blamed the day-to-day challenges of a CEO as being a hurdle to research and innovation.
“I’m more interested in analyzing organizational and market principles, and leveraging these theories to further reduce management work, rather than actually managing people,” Zhang wrote in the memo.
“Similarly, I’m not very social, preferring solitary activities like being online, reading, listening to music, and contemplating what may be possible.”
Zhang owns 20 per cent to 30 per cent of ByteDance and holds over 50 per cent of voting rights.
It’s thought that ByteDance could be worth as much as $250billion,
ByteDance did not comment on Zhang’s stake.
Zhang in the memo said he will work with Liang over the next six months to ensure a smooth transition.
ByteDance is waiting to find out whether the Biden administration will revive former President Donald Trumps efforts to force the sale of TikTok’s U.S. arm.
Trump said the service was a security threat because it gathered too much personal information about millions of American users.
Regulators also are stepping up anti-monopoly enforcement against Chinese e-commerce giants and other internet companies, though there is no indication ByteDance has been targeted.
Zhang founded ByteDance in 2012.
Its first short-video platform, Douyin, was launched in 2016.
TikTok was launched outside China the following year. The company said last year that TikTok had 700 million users globally.
ByteDance, headquartered in Beijing, says it operates in 150 markets and has more than 60,000 employees.
The Trump administration’s plan called for ByteDance to be required to sell TikToks U.S. arm to the software maker Oracle and retailer Walmart.
The Biden administration, which took office in January, suspended that while it reviewed potential security threats posed by Chinese tech companies.
In other news, TikTok is plotting to launch a group chat feature that could rival WhatsApp, according to inside sources.
Instagram will soon start using artificial intelligence to stop adults messaging teenagers that don’t follow them.
Google is under fire for harvesting internet data of users browsing in Incognito Mode.
We pay for your stories! Do you have a story for The Sun Online Tech & Science team? Email us at firstname.lastname@example.org


text:
MUNICH/FRANKFURT (Reuters) - ProSiebenSat.1 Media SE (PSMGn.DE) will reorganize into three divisions spanning entertainment, content production and commerce as the German media group scaled back expectations for mid-term growth on Wednesday.
In one key change, ProSieben will from the start of next year fold its digital entertainment operations into its commercial TV unit where a string of outlook downgrades has hammered its shares in recent months.
“With the three-pillar strategy, we are setting ProSiebenSat.1 up competitively for the future,” said CEO Thomas Ebeling, who has announced he will stand down in February. No successor has yet been named.
Ahead of a presentation to investors later on Wednesday, ProSieben forecast medium-term revenue growth in the mid-single-figure percentage range, down from an average growth rate of 11 percent from 2011 through to the end of the third quarter.
Growth would be primarily organic, adding more than 1 billion euros ($1.2 billion) in revenues by 2022 compared with the current year, the company said.
Core margins would be in the mid-20s, representing a decline on profitability compared to recent years. ProSieben reiterated its outlook for 2017 and said it would maintain its policy of paying out 80-90 percent of earnings as dividends.
By combining its advertising-driven TV operations with its loss-making Maxdome video-on-demand service, ProSieben said it hopes to achieve savings of 50 million euros by 2019-20.
The company confirmed it was in talks on seeking a minority investor for its Commerce business, to be named the NCG - NUCOM GROUP, and said these should conclude in the second quarter of 2018.
It was also seeking a further expansion of its Content Production and Global Sales division, to be named Red Arrow Studios, through cooperation with and co-investments by partners.
As part of its restructuring, ProSieben will shift its Studio 71 operation, which makes videos for online outlets like Youtube, into the traditional production division.
Reporting by Douglas Busvine and Joern Poltz; Editing by Ludwig Burger and Keith Weir


text:
Chinese retailers cut prices on iPhone 11 devices to boost sales
While the iPhone remains wildly popular in Europe and the United States, Apple’s smartphone has historically struggled to gain a foothold in China. In an effort to bolster sales amidst the economic turmoil caused by the coronavirus pandemic, Chinese retailers are slashing prices on the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max.
Multiple online Chinese retailers like JD.com have heavily discounted the iPhone 11 family. For example, the 64 GB iPhone 11 is now selling for about CN ¥5000 (~US $710), which is a discount of ¥500 (~$71). The iPhone 11 Pro and iPhone 11 Pro Max have also been cut by ¥1200 and ¥1600 (~$170 and ~$227), respectively.
It should be noted that these discounts have only popped up on third-party retail sites. Apple’s official online Chinese storefront is still selling the iPhone 11 family as its full retail price.
The cuts were likely made to spur consumer spending, but it’s uncertain whether buyers will take the bait. The iPhone has long struggled to gain a meaningful foothold in China, where cheap Android devices reign supreme. Considering the lower average income for most of the Chinese population, the iPhone is seen as a luxury item reserved for the wealthy.
Additionally, many Chinese consumers have decided to delay their next smartphone purchase because of the economic shutdown in China. The growing march of 5G phones are also holding iPhone sales back; while many mid-range Android handsets are starting to get 5G modems, Apple has yet to officially announce plans for a 5G-capable iPhone.


text:
Apple’s recently released supplier responsibility report contains good news concerning conflict minerals. The report confirmed that as of last month, all “active, identified tantalum smelters” in the company’s supply chain were verified by third-party auditors to be conflict free. The report states that the company released a list of smelters and refiners in its supply chain whose tin, tantalum, tungsten, and gold is conflict free “so it’s clear which ones have been verified as conflict-free.” The electronics industry only uses a “small percentage” of tin, tungsten and gold, according to the report. Apple will continue to require that its suppliers only use conflict-free verified tantalum and will continue to monitor its suppliers’ smelters.
In the Democratic Republic of Congo, the second largest African country, conflict minerals are often mined through forced labor, debt bondange or child slavery. Conflict minerals fund militias in the DRC who terrorize local populations. According to the non-profit organization, Walk Free there has been much progress to rid the electronics industry of conflict minerals. Intel announced recently that all of its new microprocessors will be made conflict minerals free. Intel CEO Brian Kraznich urged other companies to do the same. Perhaps much of the progress can be attributed to a section of the Dodd-Frank Act of 2010 (Section 1502) which requires companies to publicly disclose their use of conflict minerals from the DRC. The SEC adopted the rule in 2012.
Greenpeace Energy Campaigner Tom Dowdall released a statement congratulating Apple for its “increased transparency about its suppliers.” Dowdall characterized increased transparency at Apple as “becoming a hallmark of Tim Cook’s (the CEO of Apple) leadership at the company.” He urged “Samsung and other consumer electronics companies” to follow Apple’s example “so the industry can exert its collective influence to build devices that are better for people and the planet.”
Instead of avoiding minerals from the DRC, Apple instead opts for supporting “verified supply lines and economic development in the region,” as stated in the supplier report. Apple is driving its smelters and refiners to comply with the Conflict-Free Smelter Program (CFSP) or an equivalent third party audit program. The CSFP is part of the Conflict Free Sourcing Initiative, and focuses on what it calls a “pinch point” or a “point with relatively few actors” in the global metals supply chain. The CSFP uses an independent third-party audit to identify smelters and refiners that source only conflict free minerals and publishes the list on its website. Apple also works with non-governmental organizations, trade groups, government agencies and other groups to keep pressuring and driving for real change
Photo: ENOUGH Project


text:
According to media reports, tech billionaire Elon Musk wants to monetize users after his expensive Twitter acquisition.
Until now, icons with a check mark guaranteeing the authenticity of a Twitter profile are available for free. However, they are mainly available to users with large followings such as celebrities, companies and politicians or journalists.
On Monday night, tech blogs “Platformer” and “The Verge” reported that the verification ticks would only be available to customers of the Twitter Blue subscription offering. It currently costs $4.99 a month.
“The Verge” also wrote, citing people with information and internal contacts, that the verification should be part of a new, more expensive Blue Edition. Twitter wants to charge $19.99 a month for this. The software developers were given a deadline of November 7 to start operating – or they would be fired.
Musk wrote on Twitter on Sunday that the verification process is currently being revised. He paid about $44 billion for Twitter. Some of the money came from the sale of his stake in electric car maker Tesla — but also from contributions from investors and loans to service. Twitter has been in the red lately.
“Amateur coffee fan. Travel guru. Subtly charming zombie maven. Incurable reader. Web fanatic.”


text:
As the 8 October 2023 deadline approaches for activating the new financial promotions regime for digital assets, the UK's Financial Conduct Authority (FCA) issued its last advisory warning today (Thursday), urging crypto companies targeting UK consumers to brace for the forthcoming regulatory adjustments.
UK Government Tightens Regulations on Cryptoasset Promotions
The UK Government has recently enacted legislation to regulate the promotion of cryptoassets to consumers. The move aims to protect Britons from making high-risk investments without adequate information. The new financial promotion regime will apply to all firms marketing crypto assets in the UK, including those based overseas.
In light of the approaching date for implementing new regulations and the fact that cryptocurrency companies are facing 'significant challenges' in preparing for their rollout, the FCA issued a final warning. The authors of the warning are Lucy Castledine, the Director of Consumer Investment, and Matthew Long, the Director of Payments and Digital Assets, both at the Supervision, Policy and Competition Department at the FCA.
According to the warning, firms that believe they will be in breach of the new regulations must urgently reconsider their position. The FCA strongly recommends that firms seek legal advice to avoid committing a criminal offense and exposing themselves to potential enforcement action. The new regime is not intended to harm consumers by restricting their access to existing assets but aims to prevent further high-risk investment activity.
"We expect those supporting unregistered crypto asset firms illegally promoting to take their responsibilities seriously and to play their part in protecting UK consumers," the FCA commented.
The FCA recently disclosed statistics concerning financial promotions for the second quarter of the year, spanning from April to June 2023. The information revealed that actions taken by the FCA resulted in 1,507 promotions being either modified or retracted by entities under its regulation. Moreover, the FCA sent out 400 warnings to firms and individuals operating without authorization, with 11% of these being clone alerts.
However, companies had plenty of time to prepare for the upcoming changes. The FCA first announced them in January 2022, and then in February 2023, the UK government released a document clarifying the necessary details. At the same time, the regulator was assessing how well-prepared companies were for the changes taking effect in October, offering potential assistance.
New @hmtreasury and FCA papers set out new rules for the #marketing of #cryptoassets relating to the financial promotion regime. @CMS_law's article is a good overview of the changing guidance and how new #regulation will impact UK firms https://t.co/pTsM701NeO— Greengage (@GreengageCo) January 26, 2022
What Does the New Regime Cover?
The financial promotion regime is designed to be broad, covering communications made through websites or apps. It is expected that most, if not all, cryptoasset firms providing services to UK consumers will fall under this newregulation. The regime aims to ensure that consumers make investment decisions based on fair and accurate information, fostering a more consumer-centric landscape for firms to compete and innovate.
The primary objective of the new regime is to protect consumers from making ill-informed decisions about high-risk investments like crypto assets. The UK Government believes that consumers should have access to accurate information to make effective investment choices. The rules applied to cryptoasset promotions are consistent with those for other high-risk investments.
Firms that fail to comply with the new regime could face severe consequences, including criminal charges. Penalties may include up to two years in prison, unlimited fines, or both. The UK's FCA will take robust action against firms found to be in breach of the new regulations, including placing them on a 'Warning List' and taking steps to remove or block any illegal financial promotions.
Intermediaries such as social media platforms, search engines, and payment firms also have a role to play in this new regulatory landscape.
"Additionally, once in force, the Online Safety Bill (OSB) will place duties on search engines and social media companies to put in place systems and processes to mitigate the risks to users posed by the presence and dissemination of illegal content on their sites, including illegal financial promotions," the document explained.
In the meantime, Finance Magnates revealed that the FCA had established specific guidelines for crypto firms in the UK concerning adherence to the 'Travel Rule'. Effective 1 September 2023, crypto companies in the nation must comply with the new set of rules, which necessitates the gathering, validating, and disseminating of crucial data associated with crypto asset transfers.This article was written by Damian Chmiel at www.financemagnates.com.
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.


text:
New research reveals that major river basins in Africa, Asia, and Latin America have enough water to meet food needs for the entire century.
In the wake of a rising death toll attributed to tainted cantaloupes, Costco’s head of food safety spoke out against the cantaloupe industry.
A new study has found that women who drink coffee are less likely to become depressed — and the more they drink, the more their risk of depression goes down.
Wendy’s has settled a lawsuit with its largest franchisee over equipment required for the new Dave’s Hot ‘N Juicy Cheeseburger.
A kosher Subway in Los Angeles has proved less successful than expected. Could it be the absence of the Five-Dollar Footlong?
[Wall Street Journal]


text:
Social media marketing is a massive help to any brand that wants to establish a stable online presence. It enables you to promote your products and present content directly to your targeted customers.
It is particularly useful because billions of people check social media platforms daily. In fact, an SEM company in Singapore says Facebook alone reaches 1.4 billion people every day. So the universal social media platform continually develops and finds ways to help targeted customers have a better online experience.
A New Ad Format that Complements Facebook Advertising
Facebook advertising, from video ads to carousel ads, lets you manage and customise the way targeted customers see your products. Advertising may not be enough, however, especially when consumers are on-the-go individuals who would rather click on what they can see than open a new tab and type in a web address.
The developers at Facebook have realised this, so they looked for ways to amplify online advertising. It recently introduced Collection, a new ad format that helps people find and buy products more conveniently. The ad format leads video ad viewers to product catalogues without difficulty.
A New Function that Attaches Product Catalogues to Video Ads
Collection has recently become available globally. It lets social media marketers attach product images to their video ads. These product images lead to a product catalogue with a maximum showcase of 50 products. Tapping on a product, then, leads the targeted customer to either a product detail page for further information about it or to an app for purchasing.
According to Facebook, watching video on social media tends to influence a consumer’s purchasing decisions. So the social media giant came up with Collection, an ad format that contributes to your Facebook advertising success by making the buying experience easier for your targeted customers.


text:
Huawei stands accused of implanting hidden backdoors into commercial telecom equipment and home internet routers sold to Vodafone Italia in 2009, according to a Bloomberg report published Tuesday
Huawei's chief representative in the European Union shot down allegations of backdoors in its 5G services and of sharing information with the Chinese government, Abraham Liu told EFE in an interview. Chinese 5G vendors including Huawei have openly submitted their products and codes for independent review over and over again, only to have unintentional coding problems labeled by American officials and echoed by media as intentional backdoors designed to subvert Western security Stanford's Paulraj backs Huawei's 5G, says US backdoor claim not proven Comments from a noted India-born scientist hold much significance ahead of the government's much-awaited decision on the. Huawei reportedly even offered to sign a no backdoor agreement with the Indian government that it has become increasingly clear that India would lean toward keeping Huawei out of its 5G.
Adopting HUAWEI patented magnetic-electric dipole Wi-Fi antenna, HUAWEI 5G CPE Pro 2 allows the signal to travel in all directions alike, covering 30% more spaces 8 with evenly distributed signals. Combining Dynamic Narrow Bandwidth Technology (down to 2 MHz) and Chipset Synergy, the coverage of HUAWEI 5G CPE Pro 2 is further improved, allowing HUAWEI Wi-Fi 6-enabled phones to have good. A top Huawei executive has urged companies to partner with the Chinese tech giant to develop 5G technology applications, saying in a speech Monday that those who do will be the biggest winners Earlier this week, Bloomberg reported that home routers supplied by Chinese electronics giant Huawei to UK-based Vodafone had a way to bypass security, also known as a backdoor. At a high level. Vodafone asked Huawei to remove backdoors in home internet routers in 2011 and received assurances from the supplier that the issues were fixed, Abandoning Huawei for 5G,.
White House claims Huawei equipment has backdoor for spying. London has prohibited Huawei from supplying equipment used in the core of its 5G network but not the periphery Despite Trump's rhetoric, Huawei claims its 5G technology could now be coming to America. Explore. Billionaires. Huawei would make it impossible for security hawks to allege such hidden backdoors Robert O'Brien, the National Security Advisor of White House has made direct allegations on Huawei on Tuesday alleging that the Chinese supplier of 5G equipment has left backdoors in its equipment supply allowing the Chinese government to sneak into the network flow anytime for espionage. O'Brien added in its statement that Huawei has been offering [
Officials in Washington say Huawei technology, including 5G infrastructure, gives the Chinese government access to backdoor surveillance. Huawei also stands accused of supplying technology for surveillance in Uyghur internment camps in Xinjiang province amid the ongoing genocide 5G. Huawei is the front-runner in the race to 5G. We are more than a year ahead of the rest of the industry in terms of 5G technology and deployment. We are the only company that can provide end-to-end 5G systems. This includes both wireless base stations and self-developed antennas and chips
Huawei, a Chinese telecommunications company, is the world's leading seller of 5G technology and smartphones. The United States and other countries claim that Huawei threatens their national. Huawei denies that claim and issued a statement Wednesday saying the company has never and will never covertly access telecom networks, nor do we have the capability to do so. The Trump administration has been lobbying for more than a year to persuade allies to exclude Huawei equipment from their next-generation cellular networks, known as 5G Huawei is certainly producing some innovative phones and it's been working on network equipment for years. Of course, intelligence personnel will know a lot more about what's happening behind. AT&T CEO Randall Stephenson argued that Huawei's lack of interoperability in 5G equipment is making it difficult for European carriers to shift to other 5G equipment suppliers In a press release today, the Government of India announced that it will allow mobile carriers to conduct 5G trials with original equipment manufacturers like Ericsson, Nokia, Samsung, and C-DOT. However, there was a notable exclusion from the list, the Chinese company Huawei. Major mobile carriers like Bharti Airtel, Reliance JioInfocomm , Vodafone Idea will conduct trials along with the.
by Joe Panettieri • May 24, 2021. Huawei Technologies in some countries faces product and 5G wireless network project bans; business contract restrictions; security scrutiny; and related pushback. Still, many countries are proceeding with Huawei as a potential or confirmed choice for 5G wireless network projects and associated infrastructure 'It is absolutely possible for backdoors to be installed in a 5G network that could then be used for spying, but as yet we've seen no substantial proof that China is doing so through Huawei in. As countries move towards the fifth generation of mobile broadband, 5G, the United States has been loudly calling out Huawei as a security threat.It has employed alarmist rhetoric and threatened to limit trade and intelligence sharing with close allies that use Huawei in their 5G infrastructure
NEW DELHI (R) - China`s Huawei Technologies is ready to strike a no backdoor deal with India to allay security concerns, the telecoms group`s local boss said on Monday, as the vast South Asian country prepares to launch the next generation of 5G networks. Despite U.S. pressure, Huawei is still exploring new markets abroad Britain's decision to ban Huawei from the country's 5G network is a huge blow to the Chinese conglomerate's global ambitions and its position as a leader in the next generation of wireless technology This position paper presents Huawei's insights and recommendations on 5G spectrum and regulations impacting the allocation of frequency bands. Know more about our positions on 5G spectrum Download [PDF, 1.28MB] Spectrum for the 5G deployment. Policy makers and regulators are recommended to harmonize the spectrum allocation for 5G These backdoors are found on carrier equipment like antennas and routers. Huawei's equipment is widely used around the world due to its low cost. Vietnam. In July 2019, It was reported that Vietnamese telecom companies were looking to avoid Huawei equipment for their 5G networks
Hackers spoofed Huawei website to steal 5G information McAfee uncovers phishing campaign that may have been motivated by the ban of Chinese technology in the global. In a clear indication of its leadership of the 5G race, the list of global patents for 5G technology compiled by IPlytics showed that Huawei is the leading company and accounts for more than 15%.
Huawei's involvement in the roll-out of 5G networks has Huawei is backed by the Chinese military and that its equipment could provide Beijing's intelligence services with a backdoor into. And earlier this year, the top US cyber official, Robert Strayer, asked European governments to consider the threat posed by using Huawei's 5G equipment in their mobile networks The information doesn't seem to have troubled the UK, however, as the country announced last month that it would allow Huawei to build a limited amount of its non-core 5G infrastructure
Report: Boris Backtracks On Huawei 5G Deal, Zero China Involvement by 2023 The U.S. has warned that Huawei has the capability of building backdoor access into its systems, opening up the United Kingdom to cyber espionage from the Chinese Communist Party
Huawei 5G CPE Pro 2 H122-373 - Hitta lägsta pris hos PriceRunner Jämför priser från 14 butiker nu! SPARA på ditt inköp , terminals, security, and business We will work closely with our customers and partners to grasp 5G innovation opportunities and jointly usher in a new era of 5G Huawei's smartphone shipments may be taking a beating from the US trade dispute, but the company's 5G deployment ambitions are plowing ahead unhindered. At least according to Huawei's latest. 5G Business Design and Network Consulting How do we achieve commercial success in the 5G era? To address this issue, Huawei provides services such as: commercial feasibility analysis, service development planning and design, product/offering design and GTM guidance, service operation strategy and guidance, value operation consulting, and operation optimization consulting Telecom Italia is looking to cancel to contract with Huawei for supplying equipment to build part of the telecom firm's 5G network in the country, reports R citing sources aware of the.
Länderna som redan förbjudit Huawei. USA, Australien, Taiwan, Nya Zeeland och Japan har redan stoppat eller begränsat möjligheten att använda telekomutrustning från Huawei (och i vissa fall även kinesiska ZTE) i utbyggnaden av 5g-nätet Konsekvenserna av USA:s sanktioner mot kinesiska Huawei växer nu, när såväl Storbritannien som Frankrike ser ut att begränsa mobilföretagets roll i framtida 5G-nät. Sanktionerna stoppar. Previously named Huawei as sole 5G supplier, after using Nokia for 3G and Samsung for 4G. Three is rumored to have chosen Ericsson as a second 5G vendor As abov
The experts brought before Congress strongly argued that if Huawei was allowed to build 5G infrastructure, it would afford the Chinese government a backdoor into U.S. communications, and. .(R)However, Mr Fletcher signalled that the door could be opened to Huawei to present its concerns Huawei har också presenterat tekniska lösningar, säkerhetsmekanismer, som enligt företaget skulle garantera att företaget inte lämnar ut information om 5g-nätet eller sina kunder till den kinesiska staten, i enlighet med den kinesiska underrättelselagen The Chinese multinational information technology and consumer electronics company Huawei has faced numerous criticisms for various aspects of its operations, particularly in regards to cybersecurity, intellectual property, and human rights violations.. Huawei has faced allegations, primarily from the United States and its allies, that its wireless networking equipment could contain backdoors.
Now, a new report by Vladislav Yarmak explains how Huawei subsidiary HiSilicon has integrated a firmware backdoor into the SoCs it sells to various companies that build digital video cameras (DVRs. The NCSC's review has been welcomed by Tory MPs opposed to Huawei's involvement in Britain's 5G. The government was facing a backbench revolt, with Bob Seely MP saying that there were now 59 MPs in the Huawei Interest Group, which media reports is more than needed to defeat the Johnson administration on any bill seeking to approve Huawei's association Huawei will use its 5G patents to make money off of other companies The company could make as much as $1.3 billion in licensing fees by the end of 2021
U.S. President Donald Trump has warned British Prime Minister Boris Johnson of serious consequences if he allows the Chinese telecom giant Huawei a role in building Britain's 5G phone. Huawei, after a year of Covid-19 and more than a year of global opprobrium and attendant technology bans as western companies tear its equipment from their networks and vow never to buy any more, the Chinese manufacturer has announced what it calls a strategic corporate realignment it hopes will get it back on an even keel by shifting the focus away from traditional telecoms and onto the. Huawei also emphasised that the differentiation between Chinese and European 5G suppliers is arbitrary, as both of its main competitors, Erickson and Nokia, have major production sites in China. Huawei is assembling a crack squad of software commandos who will join forces with Russia; use the scalpels of their expertise to slaughter the pigs of US sanctions; and plant open-source roots in. Förvaltningsrätten i Stockholm har beslutat att tillfälligt stoppa vissa delar av förbudet mot Huawei i Sveriges 5G-auktion, vilket Sveriges Radio var först att rapportera om. - Det är ett.
, but this doesn't seem to have deterred it from trusting the company's products India, going ahead with its 5G trials, has snubbed Huawei, one of the biggest tech companies in China and across the world, in a move that will impact India-China relations
Huawei's plans to support the rollout of 5G networks have accelerated with the launch of new modem and base station chips that it says will ease deployment and enable a wider range of applications Huawei was banned from supplying equipment to Australia's 5G network in 2018. Credit: AP Australia was the first country to ban Huawei from its 5G system in 2018, a decision many more have followed . Romania and Poland were persuaded to join team America when it came to excluding Chinese vendors from its 5G networks because they might help the Chinese state with espionage, or something
5G networks are expected to revolutionize the digital economy. But with this opportunity comes major cybersecurity challenges. U.S. policymakers need to respond using technical and regulatory. Huawei and TIIAME are carrying out their pilot project on smart agriculture using management systems, monitoring and data processing on the basis of the 5G technology, IoT, AI and Big Data Update: The Huawei Mate 30 and Huawei Mate 30 Pro briefly had backdoor access to Google apps and services but even that has now been blocked - in other words, you're not getting Play Store access.
US's Pelosi urges countries to steer clear of Huawei for 5G. U.S. House Speaker Nancy Pelosi has appealed to an audience in Germany for countries to steer clear of Chinese tech giant Huawei as. Germany Angela Merkel faces party revolt over Huawei in German 5G rollout . The CDU is poised to rebel against Chancellor Angela Merkel over her Huawei policy Huawei is currently fighting a broadband, rolling out 5G surfaced last year that the AU's confidential data was being copied and sent to servers in Shanghai through a backdoor, Huawei. Throughout 2020, under political pressure from the US, a number of countries around Europe introduced various levels of sanctions on Huawei. In January 2020, citing fears over national security, the UK decided to limit Huawei's position within the nation's 5G networks, barring them from supplying core equipment and limiting their market share to 35% The Globe and Mail - Good morning, Huawei Canada has put together a legal agreement between the company and the federal government that outlines a no-backdoor and no-spying pledge as the Chinese telecom giant tries to avoid being banned from Canada's 5G mobile network system. The document, obtained by The Globe and
Morning Update: Huawei Canada draws up 'no-backdoor, no-spying' legal pledge in bid to prevent 5G ban Omair Quadri Published September 17, 2020 Updated September 17, 202 Mar.16 -- Huawei Technologies Co. is looking to create a lucrative new revenue source by charging mobile giants like Apple Inc. and Samsung Electronics Co. L.. Huawei's Zhang said the company would keep working with our customers to keep the 5G roll-out on track. The NCSC's guidance lists 5G equipment that high risk companies, including Huawei, shouldn. The countries have chosen not to mention Huawei in their 5G guidelines though. Several European countries including Denmark, Sweden and the Belgium are still on the fence about possible bans
Huawei p40 pro 5g Mobiltelefoner SPARA pengar genom att jämföra priser på 1000+ modeller Läs omdömen och experttester Betala inte för mycket - Gör ett bättre köp idag With news Dutch Telecom is keeping Huawei out of its core 5G network, Canada is under even greater pressure to decide who should be part of this country's next wave of wireless technology. Here's. Huawei has benefited from China's head start in 5G investment, as well as the extensive demand in the domain. On the other hand, the business environment has been deteriorating for Huawei Huawei will be flexible in negotiating rates on different 5G products -- everything from water meters to smart cars, according to Ding. One thing for certain is that the $2.50 cap is set on.
Struggling Huawei intends to charge up to $2.50 per phone for use of its 5G patents in the next iPhone, future Samsung Galaxy, and more Huawei 5G. 41 likes · 14 talking about this. Phone/Table Kenya to continue working with Huawei on 5G roll-out, IT minister says 'We cannot say we have had any challenges or questions about the security of the technology,' Joe Mucheru says at launch.


text:
American singer Nick Carter, YouTuber Jake Paul and rapper Lil Yachty and all already own SafeMoon, the cryptocurrency that literally promises the moon to its holders. This digital currency was developed on the Binance Smart Chain blockchain in March of last year. SafeMoon’s slogan, “Safely to the Moon,” is taken from the expression “to the moon,” which means “to rapidly grow in price.” John Karony, a former analyst for the US Department of Defense, is the CEO of SafeMoon.
According to Vice, SafeMoon’s value surged by 23,225 percent between March 14 and April 21, 2021, thanks to celebrity endorsements from musicians Lil’ Yachty and Nick Carter, as well as YouTuber Logan Paul, social media buzz, fresh exchange listings, and retail investors. “Cryptocurrencies like Safemoon still have no real-world use,” Vice said at the time.
SafeMoon stated in May 2021 that it would make a presentation to The Gambia in order to provide “technology for innovation and learning reasons.” The SafeMoon wallet was put into beta testing in June 2021. In September 2021, the app was released on Google Play, and in October 2021, it was released on the App Store. SafeMoon published Version 2 (SafeMoon V2), an improved version of the SafeMoon contract, in December 2021.
On its own blockchain, SafeMoon wants to establish its own blockchain, cryptocurrency exchange, hardware wallet, and macro Internet of Things infrastructure.
SafeMoon, like all other cryptocurrencies, provides a financial ecosystem free of intermediaries. SafeMoon, on the other hand, has a unique business model in which investors are encouraged to keep their assets rather than sell them. Those who fail to follow this advice must pay a transaction charge of around 10%, half of which will be distributed to SafeMoon investors as a dividend. It’s a punishment that, according to the project’s founders, should encourage long-term investments and help the cryptocurrency’s price stabilise.
That hasn’t stopped some investors from putting their money into SafeMoon. And its online appeal has a lot to do with it. DJ Afrojack, basketball star Jason Hart, and YouTuber Daniel Keem are among the celebrities who have commended the digital currency to their millions of followers on social media. The most ardent fans can even purchase SuperMoon-branded items, prompting the British magazine The Face to describe it as “something of a cult.”
However, if brave (or oblivious) investors want to join the SafeMoon club, they’ll have to wait, as they won’t be able to do so on just any cryptocurrency trading platform. Potential investors must first open a SafeMoon wallet and purchase Binance Coin, the crypto leader Binance’s virtual currency.
Finally, these Coins must be exchanged into SafeMoon tokens. This procedure is likely to deter some SafeMoon supporters, particularly those who are fresh to the cryptocurrency industry. But anything is conceivable in this burgeoning market.


text:
Join us from 11:30am Sunday 28 February to hear from two Kenyan Fairtrade farmers on the frontline of the climate crisis, in conversation with Fairtrade Foundation CEO Michael Gidney.
We’re delighted to say that we’ll be joined by Patrick Kaberia and Bernard Njoroge.
Patrick is a tea farmer from Michimikuru tea company in Kenya, and Bernard is a coffee farmer who also works at Fairtrade’s Climate Academy, training other coffee farmers in dealing with the effects of climate change
Sign-up here, where you can also put your questions to the panel.Read more
Post expires on February 28th, 2021


text:
The iPhone, in addition to turning the entire smartphone industry on its head, helped transform Apple into one of the most valuable companies on the planet. With a market cap bordering on $770 billion at the time of writing, not to mention a stock price trading at an all-time high, Apple investors are sitting pretty right about now. Tomorrow, Apple will release its earnings report for the quarter gone-by, and if iPhone sales check in higher than anticipated, Apple shares may skyrocket even higher.
Ahead of Apple’s earnings report, The Wall Street Journal is reporting that Apple tomorrow will relay that it now has more than $250 million in the bank. Last we heard, Apple was sitting on $246 billion in cash.
“Apple is expected to report Tuesday that its stockpile of cash has topped a quarter of a trillion dollars,” the Journal notes, “an unrivaled hoard that is greater than the market value of either Wal-Mart Stores Inc. or Procter & Gamble Co. and exceeds the foreign-currency reserves held by the U.K. and Canada combined.”
Of course, the rub is that the vast majority of Apple’s cash resides in bank accounts overseas. Consequently, Apple has shied away from bringing that cash back to the U.S. as to avoid a 35% corporate income tax rate.
The following chart via Statista illustrates Apple’s current cash situation.
Stowing away cash overseas is hardly an efficient way to take advantage of years worth of iPhone-fueled profits, but that may all change now that Donald Trump is President.
During the course of the 2016 Presidential election, Trump’s tax plan listed on its website indicated that it will provide businesses with the opportunity to repatriate profits “held offshore at a one-time tax rate of 10 percent.”
Suffice it to say, if Trump follows through on his promise, Apple stands to enjoy a staggering amount of tax savings. In a hypothetical scenario where Apple opts to repatriate $75 billion, it would save approximately $18.7 billion under Trump’s proposed tax holiday.
In the meantime, Apple is in no rush to do anything drastic with its vast cash reserves overseas. Speaking to this point, Tim Cook relayed the following during a 2013 interview with the Washington Post: “If you look at it today, to repatriate cash to the US, you need to pay 35 percent of that cash. And that is a very high number. We are not proposing that it be zero. I know many of our peers believe that. But I don’t view that. But I think it has to be reasonable.”


text:
Atlanta, Ga. – An innovative series of national events kicks off September 18 as Crown Financial Ministries and HOPE International brings its “New Normal” Entrepreneur’s Conferences to Durham, North Carolina, offering insightful advice and inspiration to those doing the real work in America. The aim of the one-day conference is to give business people tools, tips, tricks and training for successfully adjusting to the current marketplace.
“Building a successful business is about laying the right foundation and striving for the best practices,” said Crown Financial Ministries CEO Chuck Bentley. “Microsoft took off during a recession because the ideas and vision were in place. There was a need no one recognized and they moved to fill it. Crown and our conference partners want to give those insights to today’s business leaders.”
Attention Durham, North Carolina, Participants: Register on-line by Sept. 11, 2012, for the Sept. 18, 2012, event for an early registration promotion.
Crown Financial Ministries President Robert Dickie III said that the conference features business leaders who have put key industry concepts into practice in successful businesses of their own.
“This will be real world advice from people who know how to balance the books,” said Dickie, who was recently featured at FoxNews (http://www.foxnews.com/opinion/2012/08/19/8-mistakes-make-that-lead-to-unsatisfying-work/), talking about Crown’s Career Direct®, a skills analysis program developed over the course of 10 years to help people identify their inherent talents and abilities.
More than 10 speakers and authors from different industries will present detailed steps that area business leaders can implement.
Jim Amos, Jr. is chairman and CEO of Tasti D-Lite. Before Tasti D-Lite, Amos was the CEO of Mailboxes, Etc., the world’s largest non-food franchise, which is now the UPS Store. He grew MBE from 2,500 to 4,000 locations in 80 countries, making it the world’s largest and fastest-growing franchisor of retail business, communication and postal service centers. Amos will talk to area business leaders about “THE JOURNEY” that each business must take from idea to reality.
Anne Beiler is best known as the founder of Auntie Anne’s Hand Rolled Soft Pretzels – the world’s largest hand rolled soft pretzel franchise, and national business success story. What began as a single farmer’s market stand grew into Auntie Anne’s Inc., the world’s largest hand rolled soft pretzel franchise with over 1,200 locations worldwide. She will be addressing “NEW DAY, SAME PURPOSE,” detailing how a person’s business motivation can become a profitable enterprise.
Date: September 18, 2012
Time: 7:30 am – 3:30 pm EDT
Location: The Carolina Theatre, 309 West Morgan Street, Durham, North Carolina
For the complete list of speakers and to register for the event, go to: www.entrepreneursconference.org
Crown, a non-profit, helps people and businesses integrate their values into business practices, debt reduction, and financial decision-making. For more than 35 years, Crown has been offering economic analysis and advice based on timeless truths. Theirs is a strong, international grassroots organization with offices in the U.S. and overseas. Crown experts work one-on-one with individuals and business leaders, as well as through workshops and seminars, teaching people how to build on a strong foundation that includes the business principles and practices found in the Bible. It is well known for its cutting edge materials first developed by its founder, the late Larry Burkett. For more information, go to www.crown.org or call 800-722-1976.


text:
China is going to sharply reduce import tariffs for vehicles and their spare parts, providing more beneficial conditions for entering the globe’s leading car market at the time of subsiding tensions with the U.S.
The tariffs will go down from 25% for the bigger part of automobiles to 15% starting July 1, according to today’s statement by the Ministry of Finance, also serving as a means of making China’s markets more accessible and of invigorating development in home car industry.
At the moment just a small number of trucks coming from abroad are subject to 20% tax. Spare parts with near 10% import tariffs now will get a reduction to 6%, said the ministry.
The action is going to greatly support foreign auto manufacturers, particularly aiding premium brands, including German producers as BMW and Daimler AG’s Mercedes-Benz, along with American Tesla, enabling them to bring their prices closer to local competitors. This is a huge advantage for our company, especially Infiniti, one of Nissan Motor’s executives said.


text:
Believe it or not.
For some time these very same people have been tipping Giles Deacon as the favourite to make her dress, after the designer was spotted meeting Pippa and her mother last November. “I can never really comment on rumours,” he told Hello! at the time. “Until things are confirmed it's just rumours.”
Now E! News claims to have spoken to a source close to Giles Deacon who believes the designer is indeed making the dress.
“The design is very simple, elegant and it’s all handmade,” the source close to Giles Deacon's team reportedly told E! News, adding, “very few people have seen the finished thing.”
That being said, we’ll be waiting for official confirmation from the palace or from the design house itself before we believe it.
In the mean time, see Vogue’s dress predictions here. And for what it’s worth – Giles Deacon makes the list.


text:
Kia has become one of the top manufacturers in India soon after entering the Indian market last year. With its first car, the Seltos, Kia is currently selling more vehicles than many other manufacturers in the country. This truly shows the popularity of Seltos in the Indian market. Kia launched the Seltos at an introductory price and now the manufacturer has announced the price increase of the model.
The price increase is applicable on all the variants of the Kia Seltos including the base version of the car. The base version now costs Rs 10.19 lakhs instead of Rs 9.99 lakhs. It is Rs 20,000 hike over the introductory price. GaadiWaadi has shared the full price list of the updated Kia Seltos and here are the details.
|Updated Kia Seltos price||Introductory Price||2020 Updated price|
|HTE 1.5 Diesel||9.99 Lakh||10.19 Lakh|
|HTK 1.5 Diesel||11.19 Lakh||11.49 Lakh|
|HTK Plus 1.5 Diesel||12.18 Lakh||12.48 Lakh|
|HTX 1.5 Diesel||13.79 Lakh||14.09 Lakh|
|HTX DUAL TONE 1.5 Diesel||13.99 Lakh||14.29 Lakh|
|HTX PLUS 1.5 Diesel||14.99 Lakh||15.29 Lakh|
|HTX PLUS AT Diesel||15.99 Lakh||16.29 Lakh|
|GTX PLUS AT 1.4 Petrol||16.99 Lakh||17.29 Lakh|
|HTE 1.5 Petrol||9.69 Lakh||9.89 Lakh|
|HTK 1.5 Petrol||9.99 Lakh||10.29 Lakh|
|HTK Plus 1.5 Petrol||11.19 Lakh||11.49 Lakh|
|HTX 1.5 Petrol||12.79 Lakh||13.09 Lakh|
|HTX Dual Tone 1.5 Petrol||12.99 Lakh||13.29 Lakh|
|HTX CVT 1.5 Petrol||13.79 LAKH||14.09 Lakh|
|HTX CVT DUAL TONE 1.5 Petrol||13.99 LAKH||14.29 Lakh|
|GTK 1.4 Petrol||13.49 Lakh||13.79 Lakh|
|GTK DUAL TONE 1.4 Petrol||13.69 Lakh||13.99 Lakh|
|GTX 1.4 Petrol||14.99 Lakh||15.29 Lakh|
|GTX DUAL TONE 1.4 Petrol||15.19 Lakh||15.49 Lakh|
|GTX AT 1.4 Petrol||15.99 Lakh||16.29 Lakh|
|GTX PLUS 1.4 Petrol||15.99 Lakh||16.29 Lakh|
|GTX AT DUAL TONE 1.4 Petrol||16.19 Lakh||16.49 Lakh|
|GTX PLUS AT Diesel||16.99 Lakh||17.29 Lakh|
Kia has increased price by Rs 20,000 to Rs 35,000 depending on the variant. The highest price hike is applicable on the Tech Line Diesel variants. The Seltos became extremely popular in the Indian market, especially because of its price. With the hike in price, the RTO charges will also increase and a few variants will fall under a different tax slab altogether. The on-road price increase can be around Rs 60,000 for the top-variant.
It should be noted that Kia dispatched the lowest number of Seltos in the month of December. The exact reason for the low dispatches is not known yet. However, it should be noted that there is a huge waiting period on the Seltos and there are many who have booked the vehicle a while ago and are still waiting to get the delivery. It should be noted that the customers who booked their vehicles before the price hike will have to pay the revised price when they get the delivery of the car.
Nonetheless, the Kia Seltos is expected to remain at the top of the sales chart for the time being. Hyundai will launch the all-new Creta in the Indian market later this year, which will directly take on the Seltos.


text:
BBC Worldwide, the corporation's commercial arm, has announced its first UltraViolet-enabled DVD and Blu-Ray titles in the UK, as it gets on board with the industry's new anti-piracy technology.
Launching this month, the first four BBC UV titles are: Doctor Who: Series 7 - Part 1, John Bishop's new stand-up DVD Rollercoaster, the new Top Gear special commission and Attenborough: 60 Years in the Wild.
Both the DVD and Bu-ray releases of all the titles will be UV-enabled.
UltraViolet was introduced in the UK last December, with backers including Hollywood Studios Warner Bros, Sony Pictures and Fox, along with the likes of Tesco, Sky, LoveFilm and Samsung.
Created by cross-industry consortium Digital Entertainment Content Ecosystem (DECE), UltraViolet (UV) enables consumers to "buy once, play anywhere", meaning in addition to the physical DVD, they also get a digital copy that can be played on as many as 12 different devices.
The system, designed to tackle online piracy and boost sales, works by consumers receiving a code when they buy a DVD or Blu-ray disc, enabling them to download or stream a digital version.
Using cloud-based technology, UV also allows consumers to create a 'virtual locker' of films and TV shows for access on a variety of devices.
For its initial slate of UV titles, Worldwide has signed up content delivery partner Flixster to act as the supporting suite for consumers to redeem their digital copies.
Details on how this works will be included in the DVD leaflet. More information will also be available on the BBC Worldwide website.
"We're thrilled to be announcing our first UV-enabled DVDs and embrace this new era for home video - the UltraViolet era," Claude London, the digital director for BBC Worldwide Consumer Products, said.
"We hope UV will empower consumers to build digital entertainment libraries and continue to enjoy BBC Worldwide releases either at home or on the move.
"We will continue to work as part of the UV consortium and with our supporting partner Flixster on further releases for early 2013."


text:
Kang tread brand once again sponsored the 2012 International Women's Volleyball Grand Prix
Posted On :
In the 2012 International Women's Volleyball Grand Prix, the schedule of the World Volleyball Grand Prix will be adjusted due to the four-year London Olympics in 2012. In previous years, the Womens Volleyball Grand Prix held in August ahead of schedule in June to June, which also became the women's volleyball team to London Olympic Games the most important opportunity to warm up. This year's competition a total of 16 teams participating in the Chinese team will be followed by China Mau station, Foshan, China and Luohe station three station race, and as the host directly qualify for the finals in Ningbo. In 2011, the World Women's Volleyball Grand Prix expanded to 16 teams, including China, Brazil, Dominica, Germany, Italy, Japan, Poland, Thailand, the United States, Argentina, Serbia, Cuba, South Korea, Chinese Taipei and other teams, Russia missed the competition. Sixteen teams are divided into four groups, each with four teams for a total of three weeks, for a total of 12 races. Since the establishment of the International Football Federation (IAAF) in 1993, the Chinese women's volleyball team has participated in all 19 competitions and won one championship in 2003. In addition, the Chinese women's volleyball team has won seven top three finals in the past, having worst scores in 1997 and 2004 respectively , Fifth in five of 2006, 2008 and 2009. The 2011 eighth place results refresh the worst record in the history of the Chinese women's volleyball Grand Prix. Beijing time on June 10, 2012 World Women's Grand Prix Macau came to an end, the Chinese women's volleyball team ended the war with 3-1 victory over Thailand beat the championship. After the match, the best individual results were released: Hui Ruoqi, Wei Chiu-yue and Ma Yun-Wen won the most popular players, the best second pass and the best block three awards, the Chinese women's volleyball team has thus become the biggest winner in Macau. Kang-ta brand sponsors the International Women's Volleyball Grand Prix every year since 2006. It can be said that Kang-ta brand has always been a loyal supporter of the Grand Prix. As always, the Chinese women's volleyball team has achieved great success and cheer for girls volleyball team, providing the most healthy support. Over the years Kangkai brand has been sponsoring the marketing strategy around the event, and strive to lay a solid foundation to implement a comprehensive, based on the protection of the courage to innovate in brand marketing with the sponsorship of the brand to enhance brand awareness and expand visibility. Since May 2012, KangTech brand has just sponsored the 2012 Tomorrow Cup badminton competition and continued to sponsor the International Volleyball Grand Prix in June. From the current market performance of the sporting goods industry, KangTech brand bravely stepped up its brand promotion and strengthened Monopoly system construction, and from the terminal based on strengthening management practices, the highest priority. It can be said that it is inseparable from the healthy and benign development strategy put forward by the Kang Ta brand. Every year, the steady growth, whether it is a crisis or a dilemma, can not stop the progress of Kang Ta.


text:
Monday 10th September, 2018
Department for Business, Energy & Industrial Strategy has announced new laws that aims to make it easier for small businesses to access invoice finance, providing a £1bn long-term boost to the economy.
The new laws form part of the government’s modern Industrial Strategy, building an environment in which small businesses can thrive.
Small Business Minister Kelly Tolhurst will today put forward new laws to arm small businesses against unfair contracts that stop them raising money from unpaid invoices.
Currently a small supplier’s contract with a larger company may prevent it from securing invoice finance from providers such as banks and other investors.
Under the new proposed laws, any such contractual restrictions entered into after 31 December 2018, with certain exceptions, would have no effect and could be disregarded by small businesses and finance providers, which will help stop larger businesses from abusing their market position.
Small Business Minister Kelly Tolhurst said: “These new laws will give small businesses more access to the finance they need to succeed and will help ensure they have a level playing field from which to set fair contracts with the businesses they supply.”


text:
Sony has filed a patent which would allow a console to permit game emulation for PlayStation 1, 2 and 3 games. The patent, which was filed earlier this year in Japan, was shared to Twitter, where it quickly picked up traction.
The document [via PSU] seemingly shows games from each of those three consoles being emulated onto a separate screen through what appears to be cloud gaming. With it being a Sony patent, it’s assumed that this would be through the PlayStation cloud gaming service, PlayStation Now.
The tweet reads as follow [translated]: “SIE PS5? Make a note of the patent information.
“-A large number of game titles across PS1/PS2/PS3 and various generations of game consoles can be stored and used via the cloud gaming library.
“-These games can be run on a virtual machine that mimics the operating system associated with each game console.”
Of course, just because a patent has been filed, it doesn’t mean that’s definitive proof of anything. Companies often file patents to ensure their ideas are secure and protected, as a form of safeguarding. It doesn’t mean they’re going to ever be implemented, so don’t get your hopes up just yet.
In related news, it’s still not clear to what extent the PlayStation 5 will be backwards compatible. Meanwhile, the Xbox Series X will be compatible with “thousands” of games from the day it hits store shelves. In a blog post, Microsoft reconfirmed its dedication to backwards compatibility, promising gamers their favourite classic will still be playable on the new console.
“Maintaining compatibility presents a massive technical challenge as fundamental system and chip architectures advance across generations…To make the Xbox Series X our most compatible console ever required both significant innovation in the design of the custom processor as well as the unique design of the Xbox operating system and hypervisor at the heart of our next generation platform,” says the blog.
Will Sony follow suit with the PS5?
Featured Image Credit: Sony


text:
The National Basketball Association will roll out social video game NBA Legend on Facebook this week, allowing players to create avatars, join NBA teams, and follow simulated careers, The New York Times‘ Bits reported.
Players will not control game play: They will build up or purchase attributes such as speed and skill in competition with other players in their network.
NBA Legend was created by Lionside. Electronic Arts has an agreement with the league covering console video games that feature its teams and players, but senior vice president and general manager of league’s digital operations Brian Perez told Bits:
Our console gaming business is mostly a licensing business, where we’re approached by game developers. We are an actual partner in this business. That was the important part here.