Controversial Rajasthan bill sent to Assembly select committee

first_imgRajasthan tables Criminal Laws Amendment Bill amid uproar  The move has been severely criticised by the Congress and the National People’s Party (NPP) and senior BJP MLA Ghanshyam Tiwari. The Editors Guild of India too opposed the “harmful ordinance” and demanded its withdrawal.On Tuesday, Mr. Tiwari protested when he was not allowed to raise a point of order. He objected to Speaker Kailash Meghwal giving permission to the Home Minister for giving his statement during Question Hour.  At the beginning of Question Hour on Tuesday, Parliamentary Affairs Minister Rajendra Rathore said Chief Minister Vasundhara Raje held a meeting of Ministers on Monday night to discuss the Bill and that the Home Minister would apprise the House of the development.The Home Minister said that prior approval of the President was sought before introducing the ordinance in September.On Monday, Independent MLA Manik Chand Surana raised the point that no approval of the President was attached with the Bill. As the Opposition MLAs rushed into the well of the House demanding withdrawal of the Bill, Mr. Kataria said the government would consider the suggestions put forward by the members. He then moved a proposal to refer it to the select committee. The proposal was passed by the Assembly. The select committee was asked to submit a report in the next session.The Criminal Laws (Rajasthan Amendment) Ordinance, 2017, seeks to protect serving and former judges, magistrates and public servants in the State from being investigated for on-duty action, without government sanction. It also bars the media from reporting on such accusations till the sanction to proceed with the probe is given by the government.Also Read Rajasthan Criminal Law Bill will check motivated complaints: Prasad Facing flak from various quarters, the Rajasthan government on Tuesday referred a controversial bill that seeks to protect public servants and judges from prosecution without its prior sanction to a select committee of the Assembly.Amid an uproar from the Opposition Congress, the Criminal Laws (Rajasthan Amendment) Bill was tabled in the Assembly by Home Minister Gulabchand Kataria on Monday to replace an ordinance promulgated on September 7.Also Readlast_img read more

Policeman killed in stone-pelting after PM’s rally in Ghazipur

first_imgA police constable was on Saturday killed and several others injured in Ghazipur district of Uttar Pradesh in stone-pelting after clashes broke out during a protest by members of the Nishad Party. Eleven persons were arrrested and several have been detained for questioning. There are over 90 persons named in the FIR, including 30 named as accused.Constable Suresh Vats was returning from his duty at the rally of Prime Minister Narendra Modi when the incident took place under the Nonhara area of the Purvanchal district. Yesh Veer Singh, SP Ghazipur, said the constable was killed when the protestors started pelting stones as the police were “trying to clear the roadblock” created by them. The protestors had blocked roads at four places near the venue, he said. The constable succumbed to his injuries.Chief Minister Yogi Adityanath took cognizance of the matter and announced an ex-gratia compensation of Rs 40 lakh to the family of the constable.  He also directed the district magistrate and SSP to “take strict action against the unruly elements and immediate arrest and legal action against them,”  a government statement said. Sanjay Nishad, president of the Nishad Party, demanded a detailed  police investigation into the incident. “The BJP is trying to defame us with wrong allegations,” he said.Praveen Nishad, MP of Gorakhpur, and leader of the Nishad Party while talking to The Hindu said Nishad Party had no role in the violence. He claimed activists of the party were staging a peaceful dharna when members of the BJP who were returning from the rally in vehicles started chasing and attacking the Nishad activists.”Due to the attack, local villagers came to the support of our workers and this led to an altercation. The incident regarding the constable (stone-pelting) took place through the BJP workers,” said Mr. Nishad.The Nishads were demanding issuing of SC certificates for their caste under the name Majwar and implementation of a 2016 notifcation brought under  the Akhilesh Yadav government, said Mr. Nishad. “The present government is not giving us the certificates even though it is still valid,” said the MP. Nishads are among the 17 most-backward castes in UP who have been over the years struggling for SC status.last_img read more

Transfer Latest: Celtic accept Brighton’s £18m Dembele bid

first_imgTransfers January transfer news & rumours: Celtic accept Brighton’s £18m Dembele bid Goal Last updated 1 year ago 19:05 12/25/17 FacebookTwitterRedditcopy Comments(16) Moussa Dembele Celtic Getty Transfers Premier League Bundesliga Serie A Primera División Ligue 1 Goal takes a look at the biggest transfer rumours from the Premier League, La Liga, Serie A and beyond as we head into the winter window CELTIC ACCEPT BRIGHTON’S £18M DEMBELE BIDCeltic have accepted a bid of £18 million from Brighton for Moussa Dembele, according to Sky Sports .The France international has been on the radar of numerous Premier League clubs, including Chelsea, but could be on the way to Brighton as Chris Hughton looks to bolster his attack for the second half of the season.KLOPP TO OFFER TRAPP PSG ESCAPEKevin Trapp Paris Saint Germain Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Jurgen Klopp is prepared to offer PSG goalkeeper Kevin Trapp an escape from the Ligue 1 leaders according to Le Sport 10 . Trapp’s agent has spoken of his desire to depart and the report states he hopes to land in the Premier League. With Simon Migonlet’s struggles and Loris Karius unproven, Klopp would be interested in taking Trapp on. FELLAINI WILL NOT SIGN MAN UNITED CONTRACTMarouane Fellaini Manchester UnitedMarouane Fellaini is prepared to quit Manchester United as he refuses to sign a new deal with the club, according to Express Sport .The midfielder has reportedly rejected one offer already, and is set on leaving, whether it is in January or when his contract ends in the summer.The report also states Fellaini has at least one offer from China.ARSENAL HAD ALEXIS DEALAlexis Sanchez ArsenalArsenal had a contract extension agreement in place with Alexis Sanchez 12 months ago, according to The Times .The Chilean forward was prepared to commit to fresh terms, but a heavy Champions League defeat to Bayern Munich led him to reconsider.Alexis is now continuing to run down his deal, with Manchester City reported to be keen as he heads towards a January move or free agency next summer.LIVERPOOL AGREE VAN DIJK FEEVirgil van Dijk SouthamptonLiverpool have finally reached an agreement with Southampton for the purchase of Virgil van Dijk, claims the Sunday World .The Reds spent much of the summer attempting to put a deal in place, only to see the deadline pass with the Dutch defender still at St Mary’s.Manchester City and Chelsea have been linked with the centre-half since then, but Liverpool have now agreed to pay close to Southampton’s £70 million asking price.MAN UTD SET MKHI ASKING PRICEHenrikh Mkhitaryan, Man UtdManchester United will demand £35 million from any side looking to land Henrikh Mkhitaryan on a permanent basis in January, claims the Daily Mail .Inter are said to be leading the chase for the out of favour midfielder, while a return to Borussia Dortmund has also been mooted for the Armenian.A loan agreement was expected to be the most likely option, but United are prepared to sell for the right price.POCHETTINO WANTED BY PSGMauricio Pochettino TottenhamParis Saint-Germain are ready to turn their attention to Tottenham manager Mauricio Pochettino, reports The Mirror .The French giants are expected to part with Unai Emery at the end of the season, with a more high-profile coach being sought.Pochettino fits the bill at Parc des Princes, with the Argentine having impressed in England with Southampton and Spurs.SALAH WANTS REAL SWITCHMohamed Salah Liverpool 2017Mohamed Salah is eager to leave Liverpool for Real Madrid and is ready to push for a move, claims Don Balon .The Egyptian forward has been a revelation since moving to Anfield over the summer, with his efforts being noted by leading sides across Europe.La Liga champions Real are said to be heading the queue of suitors, with Salah instructing his agent to put a deal in place.MAN UTD MAKE SESSEGNON LOAN PLANRyan Sessegnon Fulham 2017Manchester United are prepared to loan Ryan Sessegnon back to Fulham in an effort to force through a January switch, says The Sun .The teenage full-back has emerged as a £25 million target for the Red Devils and they will try to sweeten a deal by allowing the youngster to see out the season at Craven Cottage.BENZEMA TO BE SOLD AFTER CLASICO SHOCKERKarim Benzema Real MadridReal Madrid are now full committed to offloading Karim Benzema, who had been given an ultimatum ahead of Saturday’s Clasico, according to don balon . The report says that the French striker had been told before the match by Florentino Perez that if he didn’t show well the club would be looking for a replacement in the winter window. Mauro Icardi is thought to be Los Blancos’ main target. ARSENAL LEAD RACE FOR LEVERKUSEN STARLeon  Bailey LeverkusenArsenal have edged in front of Manchester United and Chelsea in their pursuit of Bayer Leverkusen winger Leon Bailey, reports the Mirror . The Gunners are ready to splash £30million on the 20-year-old to beat out their rivals and have been to watch the youngster twice in the last week. PEREZ TO SPLASH €200M AFTER CLASICO Florentino PerezFlorentino Perez is set to splash out €200million this winter to stay in the good graces of Real Madrid fans after being humiliated in El Clasico on Saturday, reports DiarioGol . The club will go after goalkeeper Kepa Arrizabalaga, defender Leonardo Bonucci and striker Mauro Icardi as they look to rebuild. SPURS TO SWOOP FOR SHAW & BARKLEYRoss Barkley Everton Premier LeagueTottenham boss Mauricio Pochettino is ready to swoop for Ross Barkley and Luke Shaw this winter, according to the Express . The Spurs boss will face stiff competition for both players, with Chelsea, Arsenal and West Ham all interested in Barkley and Newcastle also on Shaw’s trail. GIROUD’S AGENT SET FOR CRUNCH ARSENAL TALKSOlivier Giroud ArsenalThe agent of Olivier Giroud is set to be in London for crunch talks with Arsenal ahead of the winter transfer window, reports the Mirror .West Ham and Everton were both in for the French forward in the summer, and with it now clear that he’s second-choice at Arsenal, his agent wants a decision made soon on his future. INTER WANT MKHITARYAN LOANHenrikh Mkhitaryan Manchester UnitedInter Milan are interested in signing out-of-favour Manchester United midfielder Henrikh Mkhitaryan on loan, according to Gazzetta dello Sport .The Serie A club do not believe they can bring in the Armenia international on a permanent deal, and feel that a temporary move for the 28-year-old is much more viable.Inter face competition from Borussia Dortmund for his signature with Mkhitaryan currently exiled at Old Trafford under Jose Mourinho.WEST HAM LINE UP SCHNEIDERLINMorgan Schneiderlin Everton Premier LeagueWest Ham have made an enquiry about signing Everton midfielder Morgan Schneiderlin in the January transfer window, reports the Mirror .Schneiderlin only joined Everton in January this year after a disappointing spell at Manchester United, but the France international has struggled to make a sustained impact at Goodison Park.New Hammers boss David Moyes is keen to improve his midfield options and, after also targeting Bournemouth’s Harry Arter, is showing an interest in Schneiderlin.SAINT-ETIENNE SEEK SANE SIGNINGLamine Sane SV Werder Bremen DFB-PokalSaint-Etienne are looking at the possibility of bringing defender Lamine Sane back to Ligue 1, according to L’Equipe .The 30-year-old Senegal international was born in France and spent seven years at Bordeaux before moving to Werder Bremen in 2016. He has had an excellent season in the Bundesliga despite Werder’s struggles and could be tempted to return to Ligue 1 to join ASSE.AGUERO TO LEAVE MAN CITYSergio Aguero Manchester CityManchester City striker Sergio Aguero could leave the club due to his frosty relationship with manager Pep Guardiola, Marca   reports.His fee is expected to be around the €70 million mark, with Real Madrid monitoring the Argentina international’s situation.  Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.last_img read more

10 months agoMan Utd impressed by Reading goalkeeper Coniah Boyce-Clarke

first_imgMan Utd impressed by Reading goalkeeper Coniah Boyce-Clarkeby Paul Vegas10 months agoSend to a friendShare the loveReading goalkeeper Coniah Boyce-Clarke is attracting big Premier League interest.Sky Sports says Manchester United are scouting 15-year-old Reading keeper Boyce-Clarke.The highly-rated teenager caught the eye as he played for Reading Under 23s against Manchester United last Sunday.And he’s now being closely monitored by representatives at Old Trafford. Boyce-Clarke is an England U16 international. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

Telekom Austria said that TV and broadband growth

first_imgTelekom Austria said that TV and broadband growth partly compensated for continued losses in fixed-line voice in the third quarter.In Austria, the company’s A1 TV service had 263,000 customers at the end of the quarter, up 7.9%. However, TV and broadband revenue failed to completely arrest a decline in fixed line ARPU.In Bulgaria, where the company recently acquired cable operator Blizoo – which has yet to be consolidated – TV subscribers from its existing Mobiltel unit numbered 124,100, up 53.8% following the launch of a satellite offering at the end of last year. Croatian unit Vipnet recorded 187,200 TV customers at the end of September, up 14.6%.Telekom Austria posted revenues of €1.012 billion for the quarter, down 3.5%. Like-for-like EBITDA was €386.4 million, down 6.8%.last_img read more

Sky has launched the Sky Kids App a new service t

first_imgSky has launched the Sky Kids App, a new service that allows younger viewers in Sky homes to stream series from Cartoon Network, Disney, CBeebies, CiTV, Nickelodeon and Milkshake.The UK pay TV operator is also moving into original children’s commissioning and it is working with prodco Aardman on a new version of Morph – Sky’s first kids original.The iconic claymation series was rebooted by CBBC last year and Sky said it has ordered new episodes for later this year.Alix Wiseman, head of sales and acquisitions & executive producer, Aardman commented: “Morph is very dear to our hearts and we hope that he and his mate Chas will entertain a brand new generation of viewers on this platform, as they have their loyal fan-base over the past four decades.”There will also be a live-action series, showing kids how to make and animate plasticine characters.Sky launched the app this morning, saying it is targeting preschoolers through to nine-year-olds. It allows kids to create a profile and view shows from a 4,000-strong line-up. They can stream the series on smart TVs and connected devices and there are age-related parental controls.Parents can set up to ten profiles for kids. The app is free to existing Sky subs on the Variety package and above.Sky’s move will be welcome news for indies, as the BBC has for some time been the only regular UK commissioner of scale in terms of kids content.Lucy Murphy, Head of Kids Content, Sky said: “We have worked really closely with lots of children and their parents to design the new Sky Kids app. It means they can watch all their favourite shows in a really engaging way designed just for them. Safety is of fundamental importance so parents will be able to filter what their child watches according to their age.She added: “Around a quarter of Sky households have children so we know how important it is we give them the very best kids entertainment. That is why we are investing in exclusive new programming starting with family favourite Morph as well as developing future enhancements for the app including even more safety features, live channels and offline viewing.”last_img read more

Hugues Foulon Orange has named Hugues Foulon as he

first_imgHugues FoulonOrange has named Hugues Foulon as head of the chairman and CEO’s office and secretary of the group’s executive committee.Foulon, who will report direct to chairman and CEO Stéphane Richard, was previously chief financial officer of Orange Middle East and Africa.Foulon began his career with Générale des Eaux (now Veolia), becoming director of the Monagesque Cable TV and Monagesque des Eaux group of subsidiaries, before joining Vivendi-owned Monaco Telecom as deputy CEO. He joined Orange as finance director for the consumer marketing segment in 2005, subsequently returning to Vivendi in a finance role before rejoining Orange as director of of financial control, marketing and innovation in 2009.last_img read more

Eleven Sports and MMA franchise UFC have unveiled

first_imgEleven Sports and MMA franchise UFC have unveiled a new broadcast partnership for the UK and Ireland, starting in January 2019.Danny MenkenUnder the terms of the deal, Eleven has secured the rights to 42 live UFC events in 2019, as well as 150 hours of UFC original and archive programming.UFC Fight Nights will be shown live on Eleven Sports, though Eleven also has the option to make some events available in partnership with other broadcast platforms.Danny Menken, group MD, Eleven Sports, said: “UFC is a perfect fit for our fan centric strategy. We are a big supporter of combat sports across our markets and the approach that we have taken with our properties has been very successful.”UFC SVP international and content David Shaw added: “We have worked successfully with Eleven Sports in Belgium and Luxembourg and we are looking forward to extending our partnership. The UK and Ireland are among UFC’s strongest markets globally and it made perfect sense to partner with them to showcase our product to fans.”UFC is the latest major property acquired by Eleven Sports, following the addition of LaLiga (Spain), Serie A (Italy) and Eredivisie (Netherlands) among others.All the action will be distributed on Eleven’s subscription-based streaming platform via www.elevensports.uk, and iOS and Android mobile and tablet apps.Eleven is also in discussion with broadcast platforms, third party streaming services and smart TV manufacturers to offer the widest possible access to UFC, in line with its platform agnostic approach.last_img read more

Companion devices have the power to transform the

first_imgCompanion devices have the power to transform the TV experience, but the TV ecosystem will need to evolve to meet the challenge, writes Simon Woodward.It’s hard to imagine a world without our mobile devices – handsets, smartphones and tablets are now run of the mill tools that we rely upon, connecting and interacting with one another via social networks and other communication platforms. This move towards a more interactive world isn’t just having an impact on our communications when we’re on the go; it’s in our homes too.The living room experience of 2011 is a far cry from 10, or even five years ago. For consumers, it means interacting with multiple devices all at once – a television, laptop, a mobile phone, a tablet. It increasingly means that TV services are no longer confined to the living room, with the potential for content to move beyond the main TV screen, driven by the consumer.The chance to reach a viewer whilst they’re on the move through flexible, personalised content and on-demand features means that broadcasters have an opportunity to engage and connect with their audiences at a more in-depth level. The TV has now fully evolved from a ‘loudspeaker’ role (a box transmitting content controlled by someone else). Today, the consumer is firmly in the driving seat, selecting from a vast range of content to shape their own viewing experience fitted around their own schedule.With personalisation fully ingrained in our ‘traditional’ TV viewing behaviour – arguably many of us take for granted today the ease with which we can pick and choose what we want to watch and when we want to watch it – it’s time for us to really contemplate what the rise of the companion device world means for the future of TV.A recent industry study revealed that 70% of portable device owners use their devices whilst watching TV. For the broadcaster, the content provider and the advertiser, this is an engagement opportunity not to be missed. By taking online connectivity to the next level, there’s scope to examine a huge array of benefits – both for consumers and service providers.Companion devices form part of a chain of connectivity leading to the convergence of media content and interactive services. The opportunity to move content from the TV to a companion device and vice versa provides consumers with a new level of flexibility, enhancing the viewing experience.Touch screen user interfaces, a standard feature on today’s tablets and smartphones, create an opportunity to provide new search, navigation and control functions for the main screen TV. The impact of moving content across different devices must be considered when designing the user interface and the different functions of each device must be taken into account. And, it’s not just a challenge for broadcasters and content providers.Device manufacturers also have a growing challenge on their hands – after all, these are the organisations that consumers are going to turn to when it comes to making this interactive experience a reality, companion device functionality offers an opportunity to differentiate.Simple search and navigation and a slick user interface are just the first in a line of things that must be considered. Consumers don’t want purchase a new set-top box every time a new application or service hits the market. In order to make their products as agile as the marketplace, they need the right technology in place that will enable these new companion services to grow with demands – enabling them to deliver consumers with fresh content and new features, as they become available.TV applications and services in the connected home have the potential deliver a step change in the TV experience. However, to fully fulfil this promise and deliver a seamless, intuitive, interactive TV experience, the whole TV ecosystem will need to embrace it.Simon Woodward is CEO of ANT Software.last_img read more

In This Issue Yellens Friday words still dom

first_imgIn This Issue. * Yellen’s Friday words still dominating currencies & metals. * Yen falls another whole figure. * Singapore 1st QTR GDP is strong! * Doesn’t anyone see what I see? And Now. Today’s A Pfennig For Your Thoughts. The CBR Sends The Ruble To The Woodshed. Good day..  And a Wonderful Wednesday to you! Well, those dangerous storms continue in the South. Last night, I sent a text to my younger sister, who lives with my other younger sister, just outside of Houston, to check and make sure they were safe. Not that I know what I would have done if she said they weren’t safe, but, I felt I needed to do that, being their older brother. It’s been quite the storm filled spring here in the U.S., eh?  Usually, our area is right smack dab in the middle of that stuff, but not this year, as the jet stream has dropped to the south. But not today, it appears the nasty stuff is headed straight up Highway 44 to St. Louis, the normal route for spring storms. UGH!   The official start to Spring doesn’t come until the middle of next month, although the thought that summer began with Memorial Day, usually registers more with people.. June is going to be quite interesting for the Eurozone, the euro, and Greece, as Greece is scheduled to make loan payments to the IMF on June 5th, 12th, 16th and 19th. WOW! I’m not sure what Greece can do about all this, except to accept the austerity measures and secure the loans, or, just walk away, default, and cause chaos. I’ve written about how if I were the Eurozone leaders I would just say, “here it is, take it or leave it”, and if Greece decided to leave it, then so be it. For, to me, they are the slowest Buffalo. And to make the herd faster you must allow the slowest Buffalo to be killed.   Hey! In all seriousness, I learned the slowest Buffalo theory from Cliff Clavin! So there! The dollar rally seems to have been a little overdone, and the green/peachback is generally weaker this morning. The Japanese yen seems to be really slipping and sliding along the slippery slope these past couple of days. Yesterday, I told you how the yen had slipped from 121 to 122, well today it’s 123. It’s not the same old names, but the same of titles of officials that are talking about, “how excessive FX moves are not warranted” and stuff like that. But, they have no one to blame but themselves for these sweeping moves taking place with yen, as it’s these same leaders that have gone about adding stimulus and generally attempting to get yen weaker to promote economic growth. It’s a classic case of being careful of what you wish for, as you may get your wish! The euro has regained some lost ground, but it has been trading all over the place lately with no general direction carved out. Some might say that the 3-cent drop in the euro from Friday morning to Tuesday morning, as a clear direction downward, but I would stop them and say that the euro has bounced twice now after falling below 1.09, so be careful here. The Eurozone/ Greek talks will begin again today. I don’t hold out a lot of hope here today. In the U.K. today, the Queen will speak and set out the government’s policy for the parliamentary sessions. The markets will be looking for any sign that the Queen is behind this latest move by parliament to leave the European Union. They call this a Brexit.   So, now we’ve made up two words: Grexit, and Brexit. The British pound has enough to worry about, with the lack of economic growth, falling inflation and no rate hikes as promised, but apparently you can now count this little ditty. The Bank of Canada (BOC) meets today, and will make a rate decision. I don’t believe that the BOC will do anything drastic with rates. The economic performance of Canada has been a mixed bag-o-results, and with that going on, there’s no reason for the BOC to move rates in either direction. Although I would think that BOC Gov. Poloz would love to cut rates so he can join his fellow Central Bankers around the world. Shoot Rudy, if he doesn’t cut rates like the rest of the clan, what on earth would they talk about at the next cocktail party? I had a dear reader send me a note yesterday, telling me that all these moves by Central Bankers reminded him of the great Albert Einstein quote, which I now believe is my fave quote!  Einstein said, “The difference between intelligence and stupidity is that intelligence is limited”.   I think that sometimes that quote applies to me. I was such a dolt yesterday about something so mundane, but a dolt nonetheless, so, see, the dear reader believes that quote reminds him of Central Bankers, and I think it reminds me of me! HA! Well, one of the best performing currencies year to date, the Russian ruble, appears to have met its match with regards to appreciation, as the Central Bank of Russia (CBR) is gaining traction with their desire to weaken the ruble, as they feel that the ruble’s move has been too far, too fast. I think otherwise, but then I’m no Central Banker.  The chartists are now piling on the ruble, talking about how the ruble has traded through its 200-day moving avg. (DMA) and it could be the start of a bearish trend in the ruble that could take it from the current level 51.50 to 56. For the record, the CBR has cut rates, as if that wasn’t expected given the CBR boosted rates to 17% to defend the ruble last year, and the CBR has apparently intervened, selling rubles in the market to weaken it.   Longtime readers know how much I dislike Central Banks sticking their hands in the currency cookie jar, so not that long ago I smiled when thinking of the ruble, and now my smile has turned upside down, because of the CBR’s actions. UGH!  Can I get a bone thrown to me here? The Chinese renminbi / yuan was pushed weaker overnight by the Peoples Bank of China (PBOC). I’m somewhat surprised by that move, given the news last night from the SWIFT payments people that the renminbi / yuan has become Asia’s most-active currency for payments in China and Hong Kong. Get this. The renminbi / yuan accounts for 31% of the region’s payments, up from 7% in April of 2012..   Now, most people don’t see this as BIG News. But I do. just like yesterday, when I told you about the SGE Gold Fund, no one else talked about it, because they didn’t see it for what it was, another brick in the wall of removing dollar relevancy. And this news? Well, here’s how I look at it, folks. China needs a wider distribution of their currency, and to get that, they need dealers to begin to make markets in the currency, and they also need for importers and exporters to begin to make payments using the renminbi / yuan so the distribution begins to spread out. So, for now it’s Asia that China has cornered the payments, and next it will be what region? Oh, there will be another region, and then another region. Because that’s what China wants. You know, there are tons of articles and reports out there that talk about deflation, and how Central Banks are fighting deflation, and would rather see “controlled inflation” as if that’s really a thing to strive for.  But no one ever talks about where the deflation came from?  Well, let’s take a quick look at the poster child for deflation. Japan. then switch over the U.S. and then to the Eurozone, and the U.K.  what do all of these countries have in common. Large Debts.. That’s what. So guess where deflation comes from in my mind? The deflation comes from the rise in the cost of government in addition to the collapse in leverage. As governments with power turn to extracting more from the people rather than weak government.  Well, there’s no sign of deflation at Disney World. Yesterday’s Five Minute Forecast (The 5)  talked about this, and it caught my eye, so I’ll borrow some of their stuff here.   No worries, I’ll give it back to them when I’m finished! HA!   So, Disney just announced that tickets for Disney World in Florida had increased to “just $100”.    That’s a far cry from what tickets cost in 1971, when it opened.. $3.50.   So, the increase of ticket prices by decade has gone like this. 1971 $3.50, 1981 $9.50, 1991 $33.00, 2001 $48.00, 2011 $85.00 and 2015 $105.     YIKES! Talk about inelastic demand!     So, here are my thoughts on this. The fact that still have families heading to Disney World, when everything around them hurts, like Retail Sales, 6,000 Retail Stores to close this year, and gas sales not being the ka-bang to the economy that everyone thought, tells me a lot. It tells me that it’s like a one last time. You know a star shines the brightest right before it burns out, thing. Well, Gold is down again today, and has now fallen below the $1,190 figure. losing touch with $1,200 as the days go by.  I told you yesterday how Fed Chair, Janet Yellen’s speech on Friday afternoon had really deep sixed Gold, by renewing the thought that a rate hike could happen in June into the minds of traders. You know, I told you yesterday, what my thoughts were on what she said. in case you missed it, you should go to the Pfennig’s website, and you can find it in the archives. just click here: www.dailypfennig.com     On a sidebar, I love the Pfennig’s website, because it gives readers the chance to go back in the archives and check out something I said in a previous Pfennig. You know, how I always say, stuff like, “I told you the other day that. “?   Well, this way you can makes certain that I did say what I said I said. And on Fridays I always post a picture of me just to remind you that I’m somewhat short, overweight, and balding, you know like the grandfather of 3 grand kids, and someone that you would want to have dinner with! HAHAHAHAHA!  Singapore printed some good economic growth data yesterday.  Sing 1st QTR GDP was given a final upward revision to 3.2% VS the advance estimate of 1.1%… Now that’s what I call a good upward revision!  So, VS the previous quarter, the Sing economy grew 3.2%, and on an annual basis, the Sing economy grew 2.6%…  And the outlook for the rest of 2015, is for an even modestly stronger growth.  So, how is Singapore growing so strongly, when the rest of the region, and the world for that matter, isn’t?  It’s called having the key ingredients being the right mix.  Pharmaceuticals, electronics, and services. Things people all over the world need and want. Have you ever heard Otis Redding’s version of the song; Try a little tenderness?  Shoot 3-Dog Night did the song, the Commitments, and probably countless others, but Otis Redding’s version will get to you.   So. the U.S. Data Cupboard yesterday, did print, as I said it would, a negative Durable Goods Orders for April, printing -0.5%… so, the first month of the 2nd QTR continues to prints some very weak data. Capital Goods Orders though rose 1%, to offset March’s -0.5% print. The S&P/ CaseShiller Home Price Index rose in March by 1.3%… Again, this housing stuff is getting overdone in my opinion, for this is nothing that looks like a long term move, but more like a blue light special sale that consumers don’t feel will be there much longer, so they have to buy now, kind of thing. And the Consumer Confidence Index rose from 94.3 to 95.4. But it’s important to look that last month’s original print was 95.2 but was revised downward to 94.3. I’ll bet a dollar to a Krispy Kreme that this print of 95.4 will get revised downward next month too. Maybe I’ll remember to talk about that next month!   But then next month is not promised to me, only today is. Today’s Data Cupboard gets a breather before heading into our Tub Thumpin’ Thursday menu. So back to no data equals no bad data for the U.S. (except housing and fabricated jobs)  So, get your rest now while you can, because we’ll head into the end of the week, and when we come back next Monday it will be June, and the data will come rolling in day after day!  To recap. The dollar’s mighty rally appears to be somewhat squelched by those traders that think the rally was overdone. The euro has regained some ground this morning, but it has really bounced around a lot lately, so watch for that.  Japanese yen has lost 3 full figures since last week, now trading to 123. Japanese leaders were vocal last night about “watching excessive moves in FX” same old rhetoric, different names, same titles.   The calls for an exit of the European Union, by the U.K. are becoming quite strong, and the Brexit as it’s called will begin to be headline news soon. Singapore posted a strong 1st QTR GDP, so what gives with Singapore being able to have economic growth when the rest of the region is struggling?  And Gold gets another day on the selling blocks, what is going on here, don’t people/ traders see the SGE Gold fund like Chuck does? Apparently not! For What It’s Worth.  Well, I found this on the Telegraph.co.uk website, because I’m always drawn to articles about debt, just like a bug to the neon light!   So, it’s not an upbeat article, it’s about debt, but I’ll try to break it to you softly. HA!   Here is the link to the whole article: http://www.telegraph.co.uk/finance/economics/11625406/The-world-is-drowning-in-debt-warns-Goldman-Sachs.html   And as usual, here are a couple of snippets for those of you, needing to get to the Big Finish quickly today! “The world is sinking under too much debt and an ageing global population means countries’ debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned. Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy. “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this,” he said. The demographics in most major economies – including the US, in Europe and Japan – are a major issue – and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we’ve managed to do in the past.” Chuck again. So.. I’ve beaten this debt thing to a pulp over the years, but there are still economists, observers, traders, etc. that don’t think it’s that Big a thing. Well, remember what I told you above about where I believe deflation comes from. And then tie it back to this article about the debt of the developed nations. of which they all have deflation. Hmmm As we head to the currency roundup the euro has done like I feared it would this morning, giving back its gains in the two + hours I’ve been here. UGH! Currencies today 5/27/15. American Style: A$.7710, kiwi .7225, C$ .8025, euro 1.0860, sterling 1.5370, Swiss $1.0515, . European Style: rand 12.1315, krone 7.7535, SEK 8.5290, forint 284.45, zloty 3.8045, koruna 25.2255, RUB 51.81, yen 123.75, sing 1.3525, HKD 7.7530, INR 64.02, China 6.1198, pesos 15.34, BRL 3.1530, Dollar Index 97.41, Oil $58.73, 10-year 2.15%, Silver $16.66, Platinum $1,123.19, Palladium $781.82, and Gold. $1,186.48 That’s it for today. Well, after the storms came through yesterday morning, it turned out to be a very nice day. Sunshine and warmth.. But days of rain off and on are the forecast for this week.  Cards bats come alive last night, and they were needed! WHEW!  So, have you even heard about our NFL team, the Rams, and the owner that wants to move the franchise to L.A.? I try not to get into this much, because it just makes me very angry. Sure it’s his “company” he bought it, but doesn’t it also belong to the city that supports it?   Oh well, Que Sera, sera. Whatever will be will be, the future’s not ours to see, Que, sera, sera. How many of you remember, Doris Day singing that song? I know I do.   Marshal Tucker’s song: 24 Hours is playing on the iPod right now. I always found that this song, and the song by Missouri, Movin’ On, were the best driving songs, well especially if you had a care free frame of mind.  Well, did you see that the U.S. is going after FIFA for corruption? WOW!  I would say something snarky here if I had a care free frame of mind, but I think I’ll just keep that comment to myself!  So, let’s go make this a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

Bitcoin is taking speculators for a ride Bitcoi

first_imgBitcoin is taking speculators for a ride. Bitcoin is a digital currency that was created in 2009. Unlike paper currencies, Bitcoin isn’t controlled by a government or central bank—it’s governed by a peer-to-peer network. In the beginning, few people took Bitcoin seriously. But it’s become very popular with investors in recent years. That’s partly because more and more people are losing faith in the paper money system. The business community is also embracing the digital currency like never before. More than 100,000 businesses around the world, including Amazon, eBay, and Target, now accept bitcoins as payment. • In 2015, Bitcoin’s price surged 40%… It was the year’s top-performing currency. Last year, Bitcoin surged another 120%. It was the year’s best-performing currency once again. Until recently, it looked like the digital currency was headed for a three-peat. • Bitcoin’s price surged 20% over the first four days of 2017… Last week, it topped $1,000 for the first time since 2013. And it got within $13 of its all-time high.  Frantic buying by the Chinese fueled the recent rally. Yahoo! Finance reported last Thursday: The yuan fell 6% against the US dollar in the past year, hitting its lowest point since 2008. China’s foreign exchange reserves are expected to keep shrinking in 2017. It’s clear that as a result, many Chinese investors have turned to bitcoin: trading activity of bitcoin in the yuan is up more than 60% in the past 30 days, according to bitcoinity charts. More than 90% of all bitcoin activity globally, in fact, is coming from China. In other words, Chinese folks loaded up on bitcoins because they’re worried about the money in their wallet losing value. They’re not alone, either. • Venezuela’s currency, the bolívar, is in free fall… According to CNNMoney, it lost 55% of its value in November. Today, prices for everyday goods and services in Venezuela are more than doubling every month. Storekeepers in the country are now weighing out piles of cash rather than counting the money. In India, locals are worried that there could be a national bank run. That’s when everyone tries to pull money out of the banking system at once. Not to mention that central banks in Europe and Japan are still trying to stimulate their economies through easy-money monetary policies. As we’ve explained many times, these radical measures could end up destroying the very currencies these central banks are supposed to protect. • In short, people have plenty of reasons to be worried about the money in their wallet… That’s why the price of Bitcoin shot through the roof recently. But many of these folks had no clue how volatile this digital currency could be. • The price of Bitcoin plunged by more than 20% last Thursday… The People’s Bank of China (PBOC) sparked the crash after it told investors to be wary of digital currencies. Yesterday, Bitcoin plunged another 13%. The PBOC, once again, ignited the selloff. Reuters reported yesterday: The price of digital currency bitcoin slid around $50 on Wednesday after China’s central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks. The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People’s Bank of China’s website. • Today, Bitcoin is down another 5%… It’s now lost more than a quarter of its value over the past week. That’s a staggering decline. Remember, bitcoin is supposedly a currency. But currencies should never be this volatile. This tells us that Bitcoin isn’t money yet. It’s still a speculation vehicle. If you know what you’re doing, you could make a fortune trading Bitcoin. But if you don’t, you could lose a lot of money very quickly. That said, we still think Bitcoin is a step in the right direction. After all, anything is better than money controlled by reckless and increasingly desperate governments. But Bitcoin and other digital currencies like it have a long way to go before we’re ready to call them “money.” • Gold, on the other hand, is a proven form of money… People have bought and sold goods and services with it for thousands of years. It’s survived every sort of financial crisis. And it’s outlasted countless paper currencies. Plus, gold’s value is stable. It’s not going to plunge 25% or more over the course of a few days. There also isn’t a central authority in the world that controls gold’s price or its supply. It’s a truly global currency. That’s why gold is still the best way to protect yourself from reckless governments and central banks. – Recommended Links • The price of gold has spiked 5% since the start of the year… It’s now trading above $1,200 an ounce for the first time since November. But we think it could be headed much higher. Remember, central banks around the world are losing their grip on their currencies. If this keeps up, more and more people are going to seek out alternative currencies. Many of them will take shelter in gold, the world’s most trusted safe-haven asset. If you’ve been meaning to buy physical gold, we encourage you to first watch this new interview with Casey Research founder Doug Casey. As you’ll see, the U.S. government is working on a secret project right now that could radically transform America’s monetary system. According to Doug, this could be the worst thing to happen to the U.S. dollar since the end of the gold standard. Click here to see why. Chart of the Day Beware of leveraged exchanged-traded funds (ETFs). Leveraged ETFs allow traders to amplify returns through—you guessed it—leverage. There are leveraged funds that track the price of oil, the U.S dollar, and even gold stocks. Some of these funds offer 2x leverage. In other words, they’ll rise 2% when the underlying asset they track rises 1%. Other funds are leveraged 3-to-1, or 3x. Due to their high risk and construction, most traders don’t hold these kinds of funds longer than a few days. But, even then, they can still be incredibly risky. To help you understand why, we put together the following chart. It compares the weekly performance of an unleveraged ETF (1x) with a leveraged one (3x). Let’s pretend that both funds track the same basket of gold stocks. On Monday, both funds close the trading day at a share price of $100. On Tuesday, the basket of gold stocks jumps 10% in value. On Wednesday, it falls 10%. On Thursday, it rebounds 10% before falling 10% again on Friday. At the end of the week, the unleveraged fund is worth $98. The leveraged fund, meanwhile, has fallen to $83. In other words, it lost almost nine times as much as the unleveraged fund. It’s important that you remember this. You see, many investors buy leveraged funds hoping to get rich quick. But few realize how quickly losses can pile up. If you want to boost your returns, we encourage you to avoid leveraged funds. You’re much better off investing in world-class companies that, for one reason or another, are trading at deep bargains. This is a much less risky way to generate big returns.   —center_img Imminent March Announcement to Unleash $3 TRILLION Of Wealth You won’t hear about it from the media. But a major global organization is preparing to make a critical announcement this March. One that could ignite a $3 TRILLION buying spree… and shake markets to their core. There’s one simple move to take if you want to be on the winning side of this wealth transfer. Click here for the full story. EXPIRES MIDNIGHT TOMORROW: WANTED: 1,000 Men and Women To Join Chris Mayer In The Most Ambitious Project Of His Career This is an entirely new Bonner & Partners project, with an ambitious goal to teach you how to find stocks with the potential to become the biggest stock market winners of tomorrow. Success is not guaranteed. We could fail completely. But if it all works out the way former banker Chris Mayer intends it to, just one idea could fund your whole retirement. If you have the courage to learn more, click here for the full details of my new project. Regards, Justin Spittler Delray Beach, Florida January 12, 2017 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

Health was a persistent theme if not the centerpi

first_imgHealth was a persistent theme, if not the centerpiece, of President Trump’s State of the Union address at the Capitol on Tuesday night. The president laid out a series of health-related goals, including some that even Democrats indicated could be areas of bipartisan negotiation or compromise. Trump vowed to take on prescription drug prices, pursue an end to the HIV epidemic in the U.S. by 2030 and boost funding for childhood cancers. He also took a victory lap for goals that his administration had accomplished. “We eliminated the very unpopular Obamacare individual mandate penalty,” he said, referring to the requirement in the Affordable Care Act that most people must have health insurance or pay a fine. It was eliminated as part of the 2017 GOP tax bill, despite backlash from critics that it could undercut Obamacare, after many failed attempts by Republicans to repeal the law.And Trump noted congressional passage of a “right-to-try” bill that was supposed to make it easier for terminally ill patients to gain access to experimental medications, but so far, few patients have been able to make the law work for them. The most likely ground for bipartisanship will be the issue of drug prices, where Democrats are as eager as the president to do something to rein in prices. “It is unacceptable that Americans pay vastly more than people in other countries for the exact same drugs, often made in the exact same place. This is wrong, this is unfair, and together we will stop it. We will stop it fast,” he said. “I am asking the Congress to pass legislation that finally takes on the problem of global freeloading and delivers fairness and price transparency for American patients.” Democrats are cautiously optimistic on the drug price front. “I really am hopeful about making strides on prescription drug legislation this year on a bipartisan basis,” Wendell Primus, top health aide to House Speaker Nancy Pelosi, D-Calif., said at a conference for health policy researchers hours before the speech. But not all of Trump’s claims Tuesday about his efforts on drug pricing stand up to close scrutiny. He proclaimed that “in 2018, drug prices experienced their single-largest decline in 46 years.” The drug-price portion of the consumer price index declined slightly last year for the first time since 1972, but prices for many individual drugs are still rising. Factors beyond the administration’s actions appear to have played the biggest role in the overall slowdown. Drug price increases have slowed largely because patents have expired on expensive, blockbuster drugs, and several years have passed since the introduction of expensive medicines to treat hepatitis C, according to independent analysts. But even as consumer drug prices have moderated, drug spending per hospital admission soared 19 percent from 2015 to 2017, a study sponsored by hospital trade groups found last month. That includes anesthesia drugs, chemotherapy infusions and other medicines that are not counted in the CPI.Some well-placed Republicans praised the drug price effort. “I expect deep-pocketed interests to oppose anything and everything to protect the status quo,” said Sen. Chuck Grassley, R-Iowa, chairman of the powerful Senate Finance Committee. “But the moment is ripe for action and Americans expect us to work together to get the job done.”News organizations including NPR and Kaiser Health News have reported on dozens of cases of surprise hospital bills, unaffordable costs for life-sustaining drugs and other health-expense shocks for patients. Shereese Hickson, whose experience with a $123,000 bill for multiple sclerosis drugs was covered by KHN and NPR, was watching the speech. “I’m glad he mentioned it,” she said of Trump’s promise to bring transparency and competition to pharmaceutical prices. “But I would like to see if it really will come true. If you do that — that’s going against the drug companies. They’ll be losing money and they’re not going to let that happen.”Paul Davis — a retired doctor from Findlay, Ohio, whose family’s experience with a $17,850 bill for a simple urine test was detailed in a story that launched NPR-KHN’s Bill of the Month project last year and who met with Trump about surprise billing last month — said he was disappointed Trump didn’t go into further detail about his health care proposals.”He didn’t say anything,” Davis said.Davis said he would have liked to have heard more about the administration’s recently announced plan to eliminate drug rebates negotiated by middlemen in the Medicare drug program, as well as the recently implemented policy requiring hospitals to list their prices online.”If he wanted to use the podium to talk about the wonderful things that he’s done, that’s one of the things he’s gotten accomplished,” Davis said.In their official responses to the speech, Democrats were more combative. “In this great nation, Americans are skipping blood pressure pills, forced to choose between buying medicine or paying rent,” said Stacey Abrams, former Georgia House minority leader and a rising star in the national Democratic Party. “Maternal mortality rates show that mothers, especially black mothers, risk death to give birth. And in 14 states, including my home state where a majority want it, our leaders refuse to expand Medicaid, which could save rural hospitals, economies and lives.”California Attorney General Xavier Becerra, who gave the Spanish-language Democratic response, reminded viewers that while the Trump administration is seeking to have the Affordable Care Act overturned in court, Democrats would provide “medical care for your family that no politician can take away from you.”In another outreach to Democrats, Trump vowed that his budget “will ask Democrats and Republicans to make the needed commitment to eliminate the HIV epidemic in the United States within 10 years. Together, we will defeat AIDS in America,” he said. Groups that have been fighting HIV praised the promise.”While we might have policy differences with the president and his administration, this initiative, if properly implemented and resourced, can go down in history as one of the most significant achievements of his presidency,” said Michael Ruppal, executive director of The AIDS Institute.Trump also promised that his budget, which has been delayed by the recent government shutdown, will seek new funding to expand research into cures and treatments for childhood cancer. He said he will seek “$500 million over the next 10 years to fund this critical lifesaving research.” The National Institutes of Health has long been a bipartisan favorite in Congress, although Trump in his first budget did seek cuts in NIH funding. The one area in which bipartisanship will clearly not prevail is that of abortion. Trump reiterated a promise he made to anti-abortion groups as a candidate in 2016 and pushed for a federal bill to ban abortions after 20 weeks of pregnancy. “Let us reaffirm a fundamental truth: All children — born and unborn — are made in the holy image of God,” he said.Senate Republicans voted on such a bill in 2018; it failed to advance by a large margin. The bill still lacks the votes in the Senate, and the House now has a majority that supports abortion rights. Abortion opponents praised the president’s comments. “Once again, President Trump has proved he is our nation’s most pro-life president ever and he is keeping his promise to the voters who fueled his victory,” said Marjorie Dannenfelser of the Susan B. Anthony List. Abortion-rights supporters, meanwhile, chastised Trump’s comments. “Shame on the president for using the State of the Union to vilify people who have abortions and the providers who care for them,” said Megan Donovan of the Guttmacher Institute. “Make no mistake: This is part of a larger agenda to eliminate access to abortion altogether.”Kaiser Health News is a nonprofit news service that is an editorially independent program of the Kaiser Family Foundation. KHN staff writers Jay Hancock, Emmarie Huetteman and Ana B. Ibarra contributed to this report. Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

Alex Rodriguez Said That This Is the Best Advice His Mentor Warren

first_img 2 min read Next Article Add to Queue Bob Bryan Warren Buffett Learn how to successfully navigate family business dynamics and build businesses that excel. Alex Rodriguez, the former Major League Baseball All-star, said he owes a few debts to legendary investor Warren Buffett in a new Vanity Fair profile.According to a new piece on Rodriguez and Jennifer Lopez, the former player and current baseball broadcaster not only owes Buffett a bit of a financial thank you, but also a thank you for some life advice.Rodriguez and the man known as the “Oracle of Omaha” first met, according to Vanity Fair, when Buffett’s Berkshire Hathaway underwrote disability insurance for a 10-year, $252 million contract between the Texas Rangers and Rodriguez.The men struck up a friendship after Rodriguez sent the legendary investor a note thanking him for underwriting the deal. According to Vanity Fair, Buffett has been a “mentor” for Rodriguez and offered him both financial and personal advice.Buffett told Vanity Fair’s Bethany McLean that Rodriguez has a “money mind” and knows how to handle business “instinctively.””A-Rod would have done very well in business if he had never seen a baseball,” Buffett said.Rodriguez said that Buffett gave him a few pieces of advice that have stuck with him. On the business side, A-Rod said that Buffett taught him to never personally guarantee any debt and to never hold too much cash, but rather put “your money in great businesses.”On the personal side, Rodriguez said that the investor’s advice was even more simple.”Warren said, ‘Go ahead, but you won’t need it. Number one: Be the best baseball player you can be. Number two: Always be a gentleman. Be the best guy you can be’,” Rodriguez told Vanity Fair. “That was simple, but it was so genius.”Read the full profile at Vanity Fair. Image credit: Kent Sievers | Shutterstock.com Alex Rodriguez Said That This Is the Best Advice His ‘Mentor’ Warren Buffett Ever Gave Him According to a recent interview, the former player and current baseball broadcaster owes Buffett a bit of a thank you. –shares This story originally appeared on Business Insider November 1, 2017 Reporter Free Webinar | July 31: Secrets to Running a Successful Family Business Warren Buffett Register Now »last_img read more

Novo Labs Announces Investment from Silverton Partners

first_img Artificial IntelligenceColemanfundingMarketing TechnologyNewsNovo LabsSilverton Partnersvoice channels Previous ArticleUnisys Launches New Version of Elevate Omnichannel Banking Platform to Facilitate Shift to Open BankingNext ArticlePlanGrid Delivers BIM Data in 2D and 3D Directly to Mobile Users in the Field Novo Labs Announces Investment from Silverton Partners PRNewswireApril 24, 2019, 4:06 pmApril 24, 2019 Novo Labs, a provider of conversational artificial intelligence services for large restaurant chains, announced $2 million in seed funding, led by Silverton Partners. With the financing, Roger Chen of Silverton Partners will join Novo Labs’ Board of Directors.Novo Labs was founded in 2017 in Dallas by Clinton Coleman and Jeff Loukas. Last year the company launched its automated service for taking restaurant orders through high-volume voice channels. The service allows customers to place an order conversationally as they normally would through channels that they already use, such as calling a restaurant on the phone to place an order. The new funding will be used to accelerate client deployments and integrate with additional voice channels.“Many customers still prefer the ease of using their voice to place orders, and our service allows restaurants to serve customers through convenient voice channels in a prompt, efficient manner.” said Coleman, CEO of Novo Labs. “Restaurant chains have increasingly adopted a digital-first strategy for driving sales, and we build on that by going beyond just automation to use a breadth of data to personalize and optimize voice interactions.”Marketing Technology News: CoreMedia Partners with Zilker Technology to Provide Roadmap to Help IBM Customers Optimize eCommerce InvestmentsThe Novo Labs end-to-end service uses a proprietary natural language processing stack to handle the real-world conditions of how customers actually speak when they place orders through existing voice channels. It was built for the needs of enterprise restaurant chains, with a highly scalable infrastructure and native menu and point-of-sale integrations. Today the service handles thousands of live customer phone orders each week and later this year will be available for other high-volume voice channels, such as restaurant drive-throughs, as well as emerging voice channels, such as digital assistants and kiosks.Marketing Technology News: Outreach Recognized as an April 2019 Gartner Peer Insights Customers’ Choice for Sales Force Automation“We’re excited to back Novo Labs because they’ve proven their value with restaurant chains,” said Chen of Silverton.Investing alongside Silverton in the round is entrepreneur Hal Brierley, who is a pioneer of customer engagement and loyalty programs.Marketing Technology News: Userful Announces New Drag-and-Drop Command and Control Module for Visual Networking Platformlast_img read more

New Vibes Everywhere Commerce Makes Brands Smarter

first_imgNew Vibes Everywhere Commerce Makes Brands Smarter PRNewswireMay 2, 2019, 8:22 pmMay 2, 2019 Marketing Technologymobile marketingmobile-first e-commerce solutionNewspersonalizationVibesVibes Everywhere Commerce Previous ArticleAllbridge Redefines In-Room Entertainment with Interactive IPTV SolutionNext ArticlePegasystems Named a Visionary in Gartner’s Magic Quadrant for Multichannel Marketing Hubs for Second Consecutive Year Vibes Everywhere Commerce Will Help Brands Anticipate and Deliver Personalized Shopping Experiences Online and In-StoreVibes, a mobile marketing leader, released Vibes Everywhere Commerce, a mobile-first e-commerce solution for retailers, designed to sharpen brands’ customer intelligence. By connecting online and in-store experiences, Vibes Everywhere Commerce provides marketers with last-touch attribution, enabling marketers to demonstrate campaign ROI, drive conversions by reducing cart abandonment, and optimize their campaigns with real-time feedback loops.“Having this wealth of data in the Vibes Platform makes it much easier to pull vital customer analysis. Consumers are making more value-driven buying decisions, so it’s paramount for our customers to have this depth of personalization,” said Caitlin Lindner, senior marketing manager at Hibbett Sports. “We’re very excited by the ability to see revenue attribution at the mobile user level, which will help inform our future offers and content strategies.”Marketing Technology News: Social Media Censors Game Changing Consumer Privacy ProductVibes Everywhere Commerce allows marketers to gather behavioral data from mobile campaigns, capturing customer interest and converting it into purchases, both online and off. The new offering includes:E-commerce tagging capabilities, giving brands the ability to track what individual customers are shopping for and where they fall out of the journeyTriggered messaging, such as cart-abandonment notifications to drive increased conversionsPush notifications, allowing brands to reach their customers on their preferred channelMobile wallet integration, to streamline the consumer experience for buying online and picking up in-storeDeep analysis of campaign ROI and other conversion-based metricsIncreased customer insight, including post-click engagement data on a per-customer basisMarketing Technology News: Many Retailers Not Getting the Most Out of Their Data, Says New L.E.K. Report“We’re thrilled to offer a data-driven solution that arms marketers with full attribution and funnel analysis so they can better optimize programs and generate higher conversions,” said Sam Benediktson, director of product at Vibes. “Features like e-commerce tagging and triggered messaging are making the digital customer journey personalized and more valuable for consumers. This gives marketers the power to improve the customer experience by anticipating and taking action on what customers want and when they want it.”Marketing Technology News: Edge by Ascential Expands Ecommerce Features to Optimize Digital Shelf Performancelast_img read more

TechBytes with Audelia Boker Global VP Marketing at Glassbox Digital

first_imgAbout Glassbox Digital Glassbox is the only enterprise digital analytics platform to automatically record and index 100% of every visit to your site – on both web and mobile applications.Originally known as Clarisite, Glassbox was founded in 2010 in Israel, the ‘Startup Nation’. Today, less than ten years later, we have headquarters in London and offices in New York City and Tel-Aviv, working with leading enterprise businesses within the Financial, Insurance, Telecoms, Retail and Aviation sectors. TechBytes with Audelia Boker, Global VP Marketing at Glassbox Digital Sudipto GhoshMay 15, 2019, 2:30 pmMay 15, 2019 Tell us about your role and the team/technology you handle at Glassbox Digital.As Global VP Marketing, I’m in charge of all the strategic, marketing and communications initiatives at Glassbox Digital. My team works very closely with key internal departments such as research and development, product, sales and customer success, as well as with external stakeholders such as media, analysts, partners and customers.Glassbox Digital offers customer experience analytics solutions that don’t just tell you what a customer is doing online; they tell you why. Using deep customer behavior analytics, we extend traditional customer experience analytics capabilities to give you powerful and instant automatic insights and all the data you need to optimize your digital customers’ experience across web and mobile apps.How much has the Digital Customer Management landscape evolved in the last two years?Global enterprises across different industries are ultimately abandoning a siloed approach, be it between web and mobile customer experience or between different departments in the organization. They’ve started leveraging the benefits of a single view of their customers by combining data, analytics and insights into an overarching, unitary view, which represents a more sophisticated form of digital customer management. This has allowed them to amplify yet simplify customer experience across all digital platforms, including mobile.How do you see the pace of evolution in Behavioral Analytics further accelerating with adoption of AI, Machine Learning and Computer Vision?Traditional analytical models are no longer viable. The vast and ever-growing amount of data captured obscures the valuable and timely insights contained within, causing business leaders to miss out on solutions to issues and opportunities for growth. Thankfully, this is where AI and machine learning step in. Over time, patterns in user behaviour emerge. Retailers need to be there, ready to capture them and leverage technological advancements that allow for quicker time-to-insights.What is the state of Mobile Customer Experience management technology in Marketing, Sales and Advertising?Mobile customer experience is impacted by a multitude of variables such as the device being used, the network connection, the app version, UI and UX, crashes, etc., and companies too often find themselves either unprepared or overwhelmed by the amount of SDKs they need to install on their app and the many elements they must factor in.In a way, achieving optimal levels of experience and satisfaction on mobile platforms is far more complex than on web, and only in the last 12 months have we started seeing compelling solutions being deployed to help marketing, sales and advertising departments catch up. The real question now is how long it will take global enterprises to embrace such technologies on mobile devices. The outlook is positive.How does Glassbox help to digitize Customer journeys? How are consumer behaviors evolving across online and offline touchpoints?Using digital customer journeys to examine the process is the best way to understand the purchasing decision and adapt the user interface to meet customer needs and accessibility. Since a business can see the entire purchase or non-purchase process, they are able to analyse which pages the customer stayed on, what information was contained therein, and what may have helped to sway them into purchasing a product. They are also able to see if there any anomalies in the web interface and what type of struggles visitors are facing that may be hindering the process, such as dead links or poor manoeuvrability between devices and apps.Glassbox automatically generates real-time maps of customers’ most common journeys, analyses their actions and struggles, and brings enterprises automatic insights in an easy-to-consume way. Glassbox empowers brands to create funnels in a matter of minutes, either by dragging and dropping a specific customer journey from a session replay, or by using free-text. Funnels can be based on any type of criteria and help you understand why people are abandoning a session, at every step of the journey.Which businesses have been the fastest to adopt your technologies?Glassbox finds its stronghold in highly regulated industries such as financial services, travel and telecom, as we are the only digital customer management solution to offer web and mobile real-time insights both on premise and on single-tenant clouds, thus giving global enterprises access to one digital truth. With this premise, it comes as no surprise that the four largest banks in the US (amongst many others globally) along with large carriers and airliners adopt Glassbox faster than tier 2-3 enterprises across other industries.How does Big Data and Customer Data unlock opportunities in the Mobile-driven Retail markets?The days when retailers could rely solely upon proprietary panels, lab experiments, field studies or even loyalty programs to track customer journeys and needs are long gone. The only growing channels are the online channels. The bar has been raised, and any retailer that does not understand or embrace the considerable insights available from digital channels will struggle to survive in the highly competitive e-tail world.With the advent of big data analytics and richer customer data collection, retailers can finally address another side of the revenue picture that tends to get overlooked in the rush to bring in new customers: retaining them, including those multichannel shoppers that online retailers could once only dream of visualizing in a single platform for web and mobile apps.Compared to the Americas, how do you see the markets in EMEA and APAC dealing with the disruptions in Digital Retail landscape?North America is by far the trendsetter region among the three when it comes to disruptions and innovations within the digital retail landscape, as it is in many other fields. American e-tailers fully understand the need for a complete digital customer management solution across web and mobile that allows them to consolidate their proposition not simply from a marketing perspective but also from an IT, legal and customer support one. EMEA is slowly embracing these innovations but the approach between web and mobile is still very much siloed, with retailers struggling to see the bigger pictures. Finally, we have APAC, which holds the greatest potential to catch up with North America and potentially surpass it in the next couple of decades.What are your predictions on the role of AI, Machine Learning and Robotic Process Automation for retail?They are all here to stay, and this is no breaking news. Subjectivity will be reduced to the bone, and choices will be driven by a virtually infinite number of analysed variables — something absolutely unachievable without the use of the most sophisticated technologies. We are approaching very exciting times, in which e-tailers will be able to provide highly personalised services, outstanding levels of customer experience and full consumer protection to their multichannel shoppers.Which new technologies in data-driven Marketing and Sales are you most interested in? How would they impact customer journeys in the near future?The conversational UX trend will continue, and voice command will play a larger role in how customers engage with retailers. We will also see a wider adoption of machine learning applied to analytics in real time. This will all be part of an industry trend towards more holistic digital customer management.The prerequisite to introducing chatbots is for brands to properly map their digital customer journeys. Without a clear understanding of the customer experience, they risk doing real damage by using chatbots, so rather than looking at the impact that this technology will have on journeys, we have to focus on distinctively mapping the customer journey with the most sophisticated digital customer management platforms available.An additional emerging and innovative domain will lead the way in defining the end game in terms of practices for marketing analytics:  Customer Data Platform (CDP) is like CRM for sales but built purely for marketers. It is a very tight “IT + Marketing” environment that focuses on one single view of the customer and real-time, continuous updates. It also relies heavily on AI and predictive analytics.One advice to all MarTech and AIOps professionals looking to build a career in Retail and related industries –Free yourself from any anachronistic approach to retail, no matter if your company is long established or just founded. Fully embrace technology and the latest powerful tools; that’s what you are there to do and the only way you will be able to deliver against your customers’ expectations.Forget once and for all about siloed approaches to customer experience. You must work together with other departments across all digital platforms towards the same objective — customer satisfaction. Do it now, because tomorrow is almost certainly too late. AIanalyticsAudelia Bokercrmcustomer data platformGlassbox Digitalmachine learningTechBytes Previous ArticleTo Continue Successful Partnership, Babel Street Renews Agreement with DarkOwlNext ArticleIBM Releases AI-Powered Anomaly Detection Capabilities to Mitigate Supply Chain Disruptions Audelia is a multi-cultural, seasoned and results oriented executive with over 17 years of experience in B2C and B2B global Marketing. She has proven track record in successfully developing and launching global Go to Market strategies, leading world-class product launches and creating digital campaigns to drive lead generation and exceptional growth. Being a people person, Audelia possess excellent communication and presentation skills to diverse audiences, from senior executives meetings to industry events speaking opportunities. About AudeliaAbout Glassbox DigitalAbout Audelialast_img read more

Eggplant Commissioned Research Finds Business and It Divided on Software Strategy

first_imgImproving the customer experience is the number one goal for organizations when planning and orchestrating their software strategy. However, as far as testing practices are concerned, 47% of development teams on average across businesses are not testing the real user experience.This is according to research released today from Eggplant, the customer experience optimization specialist. The study also highlights a gap between IT and business leaders thinking when it comes to testing strategy.The commissioned study, conducted by Forrester Consulting on behalf of Eggplant, found that almost half (49%) of organizations rated improving the customer experience as their top priority, with ensuring compliance, risk reduction and improve security (47%) and revenue growth (46%) making up the top three. Other organizational objectives included; business process efficiency (46%), winning new customers (45%), gaining competitive advantage (40%) and employee productivity (39%).Marketing Technology News: Calabrio Acquires Teleopti to Create the Global Standard for Customer Experience IntelligenceAs a result of the desire for organizations to achieve a superior customer experience, speed and quality have become essential in application delivery. However, the study also found that there is much room for improvement, especially when ensuring that quality is maintained. Forty-six percent scored the speed of testing as “average,” “fair,” or “poor,” and 41% say the same about the speed of their overall application development. Over a third (36%) also rated the quality of code in development (for testing) as “average” or worse.In March 2019, Eggplant commissioned Forrester Consulting to evaluate the state of continuous testing and test automation within application development at large organizations, ranging from 1,000 to over 20,000 employees. The survey of 310 IT and business leaders in the US, Europe and UK revealed that while the ambition is to move towards continuous testing to increase levels of automation, they are currently lagging in their capabilities to do so. However, firms that are evolving toward continuous delivery model are transforming testing practices as part of this shift to continuous testing. On average, over half of application development teams are implementing continuous testing (52%), and nearly half (49%) apply automated functional testing.Marketing Technology News: SDI Marketing Set to Fly High with Launch of New Stand-Alone Loyalty Agency, kiteThe study found that testing capabilities are being hindered by several major challenges. The biggest, highlighted by nearly a third of firms (32%), was budget pressure stifling testing innovation. Over a quarter (26%) of firms pointed to legacy technology that is fragmented and difficult to automate, while getting the right technical skills was the third highest challenge cited by firms while other major issues included getting the right domain skills and access to reliable test environments.While 47% of teams on average are exploring an intelligent approach to AI usage, the research indicates large enterprises are still encumbered with traditional approaches, with 51% of application development teams still applying manual functional testing.Marketing Technology News: Extreme Reach Launches AdBridge for Sellers, A New Ad Distribution Platform for Sell-Side Teams and Their Advertising Partners Eggplant Commissioned Research Finds Business and It Divided on Software Strategy PRNewswireJune 7, 2019, 7:25 pmJune 7, 2019 customer experienceEggplantmanual functional testingMarketing TechnologyNewsSoftware Strategy Previous ArticleTapClicks Wins People’s Choice Stevie Award for Favorite New Marketing SolutionNext ArticleFireside Chat with James Ontra, Co-Founder at Shufflrrlast_img read more

Aurora Biomed organizes 2018 Shunde Biomedical Industry Investment Promotion Conference

first_imgDec 3 2018From November 14-17, the “2018 Shunde Biomedical Industry Investment Promotion Conference” which ran in parallel with the Precision Medicine and Ion Channel Retreat was successfully held at the Ramada Plaza Hotel, Shunde, Guang Dong, China. This meeting was organized by Aurora Biomed, co-organized by the Chinese Academy of Sciences Guangzhou Institute of Biomedicine and Health (GIBH), the Hong Kong Association of Biomedical Innovation (HKBMIA), Beijing University, Hebei University of Technology was supported by Shunde Economy, the Science and Technology Bureau, and the Management Committee of Foshan Sino-German Industrial Services Zone, and Guangdong LifePlus Investment Management Ltd. Through video and presentations, pharmaceutical companies, research institutions and industry associations were introduced to the development and investment environment of Shunde biomedical market.Investment Workshop: On the evening of 14th, the investment showcase for the Shunde biomedical industry investment initiative was put on.A total of 7 biotechnology projects were showcased at this investment workshop, including: Source:http://www.aurorabiomed.com/ A single-cell bioanalyzer introduced by Dr.Paul Li of ZellChip Technologies Inc. Professor An Hailong from Hebei University of Technology introduced the development of a novel dual-target anticancer drug system. On behalf of Yaoming Jichuang Biotec., Dr. Dong Liang introduced the new anti-tumor drug screening platform development project. Presentation Sessions: In support of the Chinese government’s vision for the”Guangdong-Hong Kong-Macao greater bay area”, this year’s conference explored topics related to precision medicine and ion channels. This conference focused on important therapeutic applications of ion-transporters, fundamental research helping to resolve the structural and functional characteristics underpinnings ion channels, as well as the in-depth exploration of cutting-edge technologies such as cancer diagnosis and treatment, liquid biopsy techniques, forensic science advances and the clinical application of next generation sequencing.Related StoriesTrends in colonoscopy rates not aligned with increase in early onset colorectal cancerNew protein target for deadly ovarian cancerResearchers explain how ‘viral’ agents of neurological diseases ended up in our DNAKeynote Presentations: AnaBios (U.S.) CEO Andre Ghetti, The Sick Kids Hospital (Canada) chief researcher Xi Huang, and Yang Wen from Switzerland’s Roche Basel innovation research center talked about the translational research of pain drug discovery, ion channels and brain tumors, and detection method of ion transporters NKCC regulator, respectively.David Smith – professor of laboratory medicine and pharmacology at the Mayo clinic laboratory (USA), Dr. Dong Liang – CEO of Aurora Biomed (Canada), and Myriame Gabay – Biomime Solutions–gaveexcellent presentations on the development of DNA sequencing applications, new methods for detection of ion channels and transporters in cancer, and polypeptide arrays respectively.Forensic Genomics Session: Shunjin Li, ViceDean of The School of Forensic Medicine, Hebei Medical University, shared how to distinguish between monozygotic twins through highly efficient DNA methylation markers. Helena Wong, a senior criminalist at the Oakland Police Department’s crime lab, described the automated process of differentiation digestion as a method for processing large volumes of sexual assault evidence.Ion Channels and Tumors Session: Professor Annarosa Arcangeli from The University of Florence, talked about ion channels as anti-cancer targets.Next Generation Sequencing Session: Dr. Hui Jiang introduced the application of MGI sequencing instrument in tumor detection.The conference attracted both domestic and international experts in the fields of precision medicine and ion channel research to participate and exchange ideas.On 15th the Pearl River night tour enabled guests to network and build collaborations in a relaxed atmosphere. On the afternoon of the 16th, conference attendees visited the Sino German industrial service zone and the Aurora ScientificPark. Attendees learned about the development and investment opportunities in the biopharmaceutical sector in Shunde.last_img read more

Women with persistent vasomotor symptoms more likely to be diagnosed with breast

first_img Source:https://www.menopause.org/docs/default-source/press-release/vasomotor-symptoms-and-breast-cancer-1-2-19.pdf Reviewed by Alina Shrourou, B.Sc. (Editor)Jan 3 2019Studies examining the association between vasomotor symptoms (VMS) and breast cancer are not new, but results have been inconsistent. A new larger-scale study concludes that women participating in the Women’s Health Initiative (WHI) trials who had persistent VMS are more likely to be diagnosed with breast cancer than women who never experienced VMS. Study results are published online today in Menopause, the journal of The North American Menopause Society (NAMS).Data was gathered from more than 25,000 women who participated in the WHI for this latest study that sought to identify an association between VMS (which includes symptoms such as hot flashes and night sweats) and breast cancer. Through 17.9 years’ follow-up of these women, 1,399 incident breast cancers were seen. Women with persistent VMS (defined as symptoms that lasted 10 or more years) had a higher breast cancer incidence than women who never experienced VMS.Related StoriesCancer killing capability of lesser-known immune cells identifiedHow cell-free DNA can be targeted to prevent spread of tumorsUsing machine learning algorithm to accurately diagnose breast cancerAlthough breast cancer-specific mortality was higher in women with persistent VMS, the difference was not statistically significant, which meant that persistent VMS did not influence breast cancer survival rates.The possible link between VMS and breast cancer continues to be studied because of a common association with hormones. Specifically, hormone therapy has proven to be the most effective treatment for VMS, whereas sex hormone levels also are related to postmenopause breast cancer risk.Study results appear in the article, “Persistent vasomotor symptoms and breast cancer in the Women’s Health Initiative.””In this large group of women who were not users of hormone therapy, persistent hot flashes and night sweats for 10 or more years were associated with a slight but significant increase in breast cancer incidence,” says Dr. JoAnn Pinkerton, NAMS executive director. “Other risk factors included an elevated body mass index of more than 30 and current alcohol use. More studies are needed in women who have persistent hot flashes to understand their cardiovascular and cancer risks.”last_img read more