Tags: GLP Worldwide, Hurtigruten, Norway Share Posted on December 21, 2017 TORONTO — GLP Worldwide is offering qualified agents a fam trip and exclusive opportunity to what is considered by many the ‘World’s Most Beautiful Voyage’ along Norway’s coast.The fam trip is scheduled for May 6-16, 2018 on Hurtigruten’s MS Kong Harald. GLP is the Canadian representative for Hurtigruten, offering sailings that explore Norway, Antarctica, Greenland and Iceland as well as other polar expeditions.To register and more information: info.glpworldwide.com/2018-hurtigruten-fam-trip.Space is limited and the fam is for qualified agents only. Final pricing will be provided early in the new year and will cover transfers and train tickets per itinerary, one night hotel in Oslo, one night in Kirkenes and one night in Bergen, guided city tours per itinerary, Guest of Honour cards in Olso and Bergen and five nights accommodation with full board on the MS Kong Harald.“This is a special cruise – there is an onboard Expedition team who gives each passenger a deeper understanding and insight into the scenery, the culture and the marine and wildlife they will see on the voyage,” said Alan Law, GLP Worldwide’s Director of Sales and Marketing. “This cruise is all about interacting and experiencing first hand and not just observing.”More news: Hotel charges Bollywood star $8.50 for two bananas and the Internet has thoughtsStarting above the Arctic Circle in Kirkenes, the cruise will sail down south along the fjord-filled coast of Norway visiting Trondheim, the North Cape and Bergen.The 590-passenger MS Kong Harald, refurbished in 2016, has three restaurants, a bakery, an ice cream bar, sauna, fitness room, two Jacuzzis, panorama lounge, sundeck and daily briefings and lectures.Prices exclude international airfare and taxes, items of a personal nature, travel insurance and gratuities. Included transfers are based on flight schedules as booked by GLP.To register and get more information for this limited space fam trip see info.glpworldwide.com/2018-hurtigruten-fam-trip.GLP notes that space is limited and only selected agencies will qualify for the fam. The company adds that all participants will be selected at GLP’s discretion. Payment in full is due once qualified agents have been selected. Airfare is confirmed on a first come, first served basis. Proof of trip cancellation insurance and out of country medical insurance is required. Norway cruise with new GLP Worldwide fam in May 2018 << Previous PostNext Post >>
March 18, 2016Here is alumnus architect Salah Alsaqqa in June 1981 with Paolo Soleri. Thank you for sharing this photo with us.[photo courtesy Salah Alsaqqa]Salah returned for part the March 2016 workshop and here he is in the Soleri Archives, scanning some of Paolo Soleri spiral notebooks.
What a ride the precious metals have been on recently. Gold and silver prices have fallen off a cliff, while gold stocks were thrown on the rocks and left for dead. GLD has seen record outflows. Popular financial news shows featured guest after guest who proclaimed gold is now “officially” in a bear market, emboldened by the fact that in spite of its recent bounce, the price has languished below its September 2011 peak for 20 months. As a group, gold stocks are down an abysmal 54% over that same period. The capitulation process has been brutal. So, were we wrong? Is it time to admit defeat, sell our positions, slink into a cave, and lick our wounds? Absolutely not. The only thing that changed over the past 60 days was the price of gold, and perhaps the mainstream’s perception of our industry. The realities of the fiscal and monetary state of the world, however, did not. What has struck our industry was not the consequence of a shift in fundamentals, but rather a number of transient factors, including: (i) growing belief in the general investment community that inflation will not result from global money-printing efforts; (ii) claims the global economy is improving; (iii) Europeans fleeing their economic troubles buying US dollars (which makes the dollar look strong and hence gold less appealing to some); and (iv) a very large gold sale that caused the gold price to breach “technical support levels” and trigger a cascade of further selling. All of this – and a lot of commentary based more on opinion than fact – has led to the misguided conclusion that gold is a has-been asset. Casey Research readers know we think inflation is inevitable, but even if deflation were more likely, it is the fallout from a world living beyond its means in which most major central banks are massively debasing their currencies in an attempt to prop up ailing economies that worries me. These stimulus policies are unprecedented in scale, entirely unsustainable, and induce financial-system instability. And somehow, it is widely believed that the same policymakers who concocted this mess can get us out of it. Our views haven’t changed – yet suddenly, we’re contrarians again. It takes patience and courage to stay the course amid a groundswell of proclamations that the “gold trade is dead,” but our positive outlook isn’t based on stubbornness. The evidence from history is very clear: you cannot solve debt problems with more debt, nor strengthen an economy by destroying your currency. Eventually, these sins catch up to you. Today’s ongoing economic and fiscal crises cannot end smoothly or without unpleasant consequences. Since none of the excesses that precipitated the 2008 financial crisis have been fixed, another round of crisis is baked in the cake and will likely inflict even greater damage. When that happens, gold will again be seen as the refuge it is, regardless of current popular opinion. We’re not alone in this thinking. As you’ve undoubtedly read, in response to the crash, global demand for physical metal soared at both the retail and wholesale levels. This reaction is extremely important: we can’t identify a single crash, collapse, or crisis that ended with retail investors stampeding to buy the asset that had just been crushed. Not one. In our view, the gold story is not over. Far from it. The reasons for owning it are just as important now as they’ve ever been since the bull market started in 2001. I can’t be sure the price is done falling – but I’m sure it’s not done climbing. What is going on with gold? Was it overvalued before the recent drop? Or is the price being manipulated? Is now the time to get in, and if so, how? These are just a few of the questions investors want answered. And while no one has a crystal ball that issues definitive answers, some people have been around long enough to have keen insights on what’s happening and what’s likely to happen from here. People like Doug Casey, legendary speculative investor… Eric Sprott, founder and chairman of Sprott Inc… and Steve Feldman, former Goldman Sachs partner and cofounder of Gold Bullion International. Casey Research and TheStreet have teamed up to bring these great minds together, along with others, to discuss the questions asked above, and many more. You can hear their answers – and more important, get their actionable advice on what to do now to best position yourself for what’s ahead with gold – in an exclusive video event titled Gold: Dead Cat or Raging Bull? The webinar will be held Tuesday, June 25 at 2:00 p.m. EDT. Reserve your spot now.
Year Egypt Vietnam UAE Source: The International Gold Trade by Tony Warwick-Ching, 1993; inflation.eu *Measured from December to December **Year-end rate During this period, investment demand for bullion skyrocketed 333%, from 20 tonnes in 1986 to 86.5 tonnes in 1989. And notice what happened to demand when inflation began to reverse. Substantial liquidations, showing demand’s direct link to inflation. Indonesia Indonesia was hit by a severe economic crisis in 1998. The average inflation rate spiked to 58% that year. 2009 11.9% 58.4 7.0% 73.3 1.6% 73.9 Year Inflation Investment demand (tonnes) 1997 6.2% 11.5 Year Inflation Consumer demand (t) 1999 24.0% 11.0 Sources: World Gold Council, indexmundi.com Egypt saw inflation triple from 2006 to 2008, and you can see consumer demand for bullion grew as well. Even more impressive is what the table doesn’t show: Investment demand grew 247% in 1998 over the year before. Overall tonnage was relatively modest, though, from 0.7 to 2.5 tonnes. Vietnam and the United Arab Emirates saw similar patterns. Gold consumption increased when inflation peaked in 2008. Again, it was investment demand that saw the biggest increases. It grew 71% in Vietnam, and 27% in the United Arab Emirates. And when inflation subsided? You guessed it: Demand fell. Japan Prime Minister Shinzo Abe’s plan to kill deflation pushed Japan’s consumer price inflation index to 1.2% last year—still low, but it had been flat or falling for almost two decades, including 2012. 1988 554.2% 61.5 We’ve all heard of the inflationary horrors so many countries have lived through in the past. Third-world countries, developing nations, and advanced economies alike—no country in history has escaped the debilitating fallout of unrepentant currency abuse. And we expect the same fallout to impact the US, the EU, Japan, China—all of today’s countries that have turned to the printing press as a solution to their economic woes. Now, it seems obvious to us that the way to protect one’s self against high inflation is to hold one’s wealth in gold… But did citizens in countries that have experienced high or hyperinflation turn to gold in response? Gold enthusiasts may assume so, but what does the data actually show? Well, Casey Metals Team researcher Alena Mikhan dug up the data. Here’s a country-by-country analysis… Brazil Investment demand for gold grew before Brazil’s debt crisis and economic stagnation of the 1980s. However, it really took off in the late ‘80s, when already-high inflation (100-150% annually) picked up steam and hit unsustainable levels in 1989. 1998 58.0% 22.5 In response, demand for gold coins, bars, and jewelry jumped threefold in the Land of the Rising Sun. One of the biggest investment sectors that saw increased demand, interestingly, was in pension funds. Belarus Unlike many of the nations above, citizens from this country of the former Soviet Union do not have a deep-rooted tradition for gold. However, in 2011, the Belarusian ruble experienced a near threefold depreciation vs. the US dollar. As usual, people bought dollars and euros—but in a new trend, turned to gold as well. We don’t have access to all the data used in the tables above, but we have firsthand information from people in the country. In the first quarter of 2011, just when it became clear inflation would be severe, gold bar sales increased five times compared to the same period a year earlier. In March alone that year, 471.5 kg of gold (15,158 ounces) were purchased by this small country, which equaled 30% of total gold sales, from just one year earlier. Silver and platinum bullion sales grew noticeably as well. The “gold rush” didn’t live long, however, as the central bank took measures to curb demand. Argentina Argentina’s annual inflation rate topped 26% in March last year, which, according to Bloomberg, made residents “desperate for gold.” Specific data is hard to come by because only one bank in the country trades gold, but everything we read had the same conclusion: Argentines bought more gold last year than ever before. At one point, one bank, Banco Ciudad, even tried to buy gold directly from mining companies because it couldn’t keep up with demand. Some analysts report that demand has continued this year but that it has shown up in gold stocks. What to Do—NOW History clearly shows there is a direct link between inflation and gold demand. When inflation jumps, or even when inflation expectations rise, investors turn to gold in greater numbers. And when gold demand rises, so does its price—you can guess what happens to gold stocks. With the amount of money the developed countries continue to print, high to hyperinflation is virtually inevitable. We cannot afford to believe in free lunches. The conclusion is inescapable: One must buy gold (and silver) now, before the masses rush in. The upcoming inflationary storm will encompass most of the globe, so the amount of demand could push prices far higher than many think—and further, make bullion scarce. Your neighbors will soon be buying. We suggest beating them to the punch. Remember, gold speaks every language, is highly liquid anywhere in the world, and is a proven store of wealth over thousands of years. But what to buy? Where? How? We can help. With a subscription to our monthly newsletter, BIG GOLD, you’ll get the Bullion Buyers Guide, which lists the most trustworthy dealers, thoroughly vetted by the Metals team, as well as the top medium- and large-cap gold and silver producers, royalty companies, and funds. Normally I’d suggest that you try BIG GOLD risk-free for 3 months, but right now, I can offer you something even better: ALL EIGHT of Casey’s monthly newsletters for one low price, at a huge 55% discount. It’s called the Casey OnePass and lets you profit from the huge variety of investment opportunities we here at Casey Research are seeing in our respective sectors right now—from precious metals to energy, technology, big-picture trend investing, and income investing. Click here to find out more. But hurry—the Casey OnePass offer expires this Friday, April 4. Year Inflation Consumer demand* (t) 1998 13.1% 774 1989 1,972%* 86.5 Year Inflation Investment demand (t) 1999 4.8% 730 Inflation Consumer demand (t) Inflation Consumer demand (t) Inflation Consumer demand (t) 1997 7.2% 688 1996 8.9% 507 Sources: World Gold Council, inflation.eu Gold demand doubled as inflation surged. It’s worth pointing out that investment demand in 1997 was already at a record high. Also, total demand in 1999 reached 120.8 tonnes (not just demand directly attributable to investment), 18% more than in pre-crisis 1997. But overall, once inflation cooled, so again did gold demand. India While India has a traditional love of gold, its numbers also demonstrate a direct link between demand and rising inflation. The average inflation rate in 1998 climbed to 13%, and you can see how Indians responded with total consumer demand. (Specifically investment demand data, as distinct from broader consumer demand data, is not available for all countries.) 2006 6.5% 60.5 7.5% 86.1 10% 96.0 1990 116.2%** -74 1987 218.5% 42.8 2008 18.3% 76.8 24.4% 115.8 20% 109.5 2013 1.2% 21.3 2000 3.7% 8.5 Sources: World Gold Council, inflation.eu *Includes net retail investment and jewelry Gold demand hit a record of 774.4 tonnes, 13% above the record set just a year earlier. In fairness, we’ll point out that gold consumption was also growing due to a liberalization of gold import rules at the end of 1997. When inflation cooled, the same pattern of falling gold demand emerged. Egypt, Vietnam, United Arab Emirates (UAE) Here are three countries from the same time frame last decade. Like India, we included jewelry demand since that’s how many consumers in these countries buy their gold. 2012 -0.1% 6.6 1986 167.8% 20.0 2007 9.5% 68.5 8.3% 77.5 14% 107.3
Advertisement Andela, the global engineering organization that is building a network of technology leaders across Africa, has officially launched in Kampala. The launch comes as Andela looks to equip the next generation of technologists and innovators in Kampala with the expertise they need to accelerate the advancement of their local communities through technology. The office will house Andela’s 110-strong world-class developers and staff in a workspace aimed at fostering collaboration.Over 100 prominent technology stakeholders and Andela staff congregated at Andela’s Bukoto Street office to mark the event. Five Andelans, comprised of Community Manager Maria Kyamulabye, and Software Developers Caroline Nalubega, John Seremba, and Nigerian-based Tolulope Komolafe, shared their journeys as tech leaders in a panel moderated by award-winning senior investigative journalist Raymond Mujuni. Also in attendance was Albert Mucunguzi, Board Chair of the Uganda ICT Association who delivered the Keynote address. Commenting on the official launch, he said, “We are happy to see Andela’s presence in Uganda and the expansion of our tech industry. If we have 100,000 developers with the support of Andela solving one problem each, then we have 100,000 problems in Africa solved.”New Country Director – Advertisement – To coincide with the launch, Andela is announcing Jackie Ochola as Andela Uganda’s new Country Director. Jackie previously held the role of Managing Director at Nokia Uganda and brings nearly 20 years of experience in managing and scaling engineering and tech teams across Africa. As Andela’s Country Director, she will be responsible for building the team and developing Andela’s growth in Kampala by providing strategic leadership and direction in Uganda.Jackie Ochola, the new Country Director – Andela UgandaOn the launch of Andela Uganda’s new home, Ochela commented: “It is an honor to host every one of our guests for such an auspicious occasion. Their support means a lot, not only to Andela, but to our young developers looking to gain a foothold in the tech ecosystem, as they begin their careers.“Andela has a deserved reputation for building elite tech teams, by providing the tools that aspiring young technologists need to be globally competitive software developers. With this launch, we are in a strong position to leverage on the growth opportunities that Uganda has to offer and I look forward to welcoming some of the brilliant minds to Andela Uganda. I am very excited about being part of a movement to create opportunities for young Ugandans, to build out our country’s tech ecosystem and to ensure that Andela is at the forefront of developing the leaders of the future in Uganda.”Since launching in Uganda in 2017, Andela has grown to over 100 hundred team members, a portion of whom are working as full-time engineers at high-growth technology companies. The Andela office has been organized to maximize flexible, distributed working and provide a creative environment for Andela’s Developers.Also present at the event was Kwame Rugunda, Chair of the Blockchain Association of Uganda, who said, “This is a dream come true to see how we can change the world one line of code at a time. Congratulations to Andela.”[related-posts]With citizens under 25 years of age constituting 70% of the country’s entire population in the world, Uganda is home to several tech hubs and incubators. Andela’s office launch and appointment of Jackie is an opportunity to further equip the next generation of young Ugandan technologists and innovators in Kampala, with the expertise they need to accelerate the advancement of their communities through technology. Earlier this year, Andela extended its Andela Learning Community [ALC], a program that provides aspiring technologists with the tools to become globally competitive software developers, to Uganda. Implemented in partnership with Google and Udacity, the program has supported 528 aspiring technologists in Uganda.Andela Uganda Developer ConferenceOn Saturday 28 July 2018, Andela will hold its inaugural Andela Uganda Developer Conference at its premises. Themed ‘Powering Today’s Teams‘, the conference will bring together 150 of Uganda’s top tech influencers for a one day event, comprising of talks, panel sessions and hands-on workshops; all with a goal of igniting and refuelling the passion of techies to continue building solutions that solve for both local and global challenges. To RSVP for the Andela Uganda Developer Conference, please click here.Yesterday, we were excited about the #AndelaLaunchUG!Today, we’re even more excited about the first ever #AndelaDevConUg we will be having on Saturday, 28th July!Passionate about tech?Sign up TODAY!: https://t.co/bFHArr17Cp#AndelaEvents pic.twitter.com/a0C2WGPx30— Andela Uganda (@Andela_UG) July 19, 2018Applications to join Andela are currently open and can be found at uganda.andela.com
Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article Add to Queue Image credit: via PC Mag Chloe Albanesius OpenAI has been hard at work on a bot capable of beating top professional players at Dota 1v1, and on Friday, it succeeded. Elon Musk’s OpenAI Bot Beats Pro Gamers Artificial Intelligence Executive Editor, PCMag August 14, 2017 Register Now » 3 min read 54shares Free Webinar | July 31: Secrets to Running a Successful Family Business This story originally appeared on PCMag Artificial intelligence developed by the Elon Musk-backed OpenAI bested human players this weekend at The International, an annual Dota 2 championship.While that might not sound too impressive on its face — we’ve seen Google-developed AI beat Go players — Dota 2 is “vastly more complex than traditional board games like chess & Go,” Musk tweeted.”Dota’s a great testbed for artificial intelligence; it’s a very complicated game with a large competitive scene,” OpenAI co-founder and CTO Greg Brockman said in a video explaining the project (below). “The rules of Dota are so complicated [that] if you just think really hard about how the game works and try to write those rules down, you’re not even going to be able to reach the performance of a reasonable player.”OpenAI has been hard at work on a bot capable of beating top professional players at Dota 1v1. On Friday, it was showcased at The International, a huge event hosted by Valve that draws 20,000 fans and players competing for $24 million in prizes.The OpenAI bot went up against Danylo “Dendi” Ishutin in rather dramatic fashion, and handily beat the pro player twice before Ishutin bowed out.”Bot is really fun and challenging to play against 🙂 I am sure it is possible to beat it. But it [has] no room for even slight mistakes,” Ishutin tweeted after the match. “Need much more tries for that 🙂 I think first few levels are most important to keep the lead. Still was amazing fun to play on stage!”Ishutin added that it’s “awesome what awaits us in future with all those technologies. Excited!!!”According to Brockman, OpenAI “trained entirely through self play. It starts out completely random with no knowledge of the world and simply plays against a copy of themself, which means it always has an evenly matched opponent. And it climbs this ladder of skill level until it’s able to the reach the performance of the best professional players in the world.”OpenAI then invited pro players to try out the OpenAI bot. “Many pros wanted to keep playing the bot and talked about using it as part of their training routine,” Brockman said, though “amateur players enjoyed playing the bot as well.”On Twitter, Musk thanked Microsoft “for use of their Azure cloud computing platform. This required massive processing power.” OpenAI and Microsoft announced a partnership in November.The International was OpenAI “introducing our Dota product to the world and see if they can reach the world of the top human professionals,” Brockman said.Going forward, OpenAI wants to “mix AIs and humans on a single team and reach a level of performance that neither of them can reach on their own,” according to Brockman. “AI can be extremely beneficial to humanity and it’s going to require fundamental advances to see what it’s really capable of.”
This story originally appeared on Business Insider –shares The only list that measures privately-held company performance across multiple dimensions—not just revenue. July 31, 2015 Add to Queue Colin Campbell and Brett Arnold Next Article 2019 Entrepreneur 360 List Mark Cuban: I Would Consider Being Donald Trump’s VP If He Asked Me Apply Now » Presidential Elections Dallas Mavericks owner Mark Cuban generated national headlines this week when he showered praise on Donald Trump’s presidential campaign.His comments caused some people on social media to cheer the idea of Cuban joining Trump’s presidential ticket, should the real-estate magnate win the Republican nomination.So on Thursday, Business Insider reached out to Cuban — via his Cyber Dust app — to ask if he would consider running for vice president if asked by Trump, a fellow billionaire.”Would I consider?” Cuban responded. “Yes.”However, the “Shark Tank” star and outspoken investor said he would probably not end up accepting the hypothetical offer.”Would I do it. Probably not,” he continued. “I’m not cut out for politics. At least [the] way they are now. Maybe in the future if Trump truly impacts how the game is played.”In his Cyber Dust post earlier in the week, Cuban wrote that Trump’s unorthodox presidential bid “changed the game” with his blunt approach to the campaign trail. Trump is leading most of the polls of the GOP primary.”Up until Trump announced his candidacy the conventional wisdom was that you had to be a professional politician in order to run,” Cuban wrote. “You had to have a background that was politically scrubbed. In other words, smart people who didn’t live perfect lives could never run. Smart people who didn’t want their families put under the media spotlight wouldn’t run.”The Donald is changing all of that. He has changed the game and for that he deserves a lot of credit.”He dismissed controversies dogging Trump’s campaign as nonissues. Among other things, Trump generated waves of negative criticism after he criticized the Mexican government for sending “rapists” to the US and briefly questioned Sen. John McCain’s (R-Arizona) war record.”I don’t care what his actual positions are,” Cuban wrote. “I don’t care if he says the wrong thing. He says what’s on his mind. He gives honest answers rather than prepared answers. This is more important than anything any candidate has done in years.” 2 min read
3 min read Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article Image credit: Pixabay Add to Queue Report: Federal Regulators Find ‘Serious Deficiencies’ at Theranos’ California Lab Facility –shares Former Staff Writer Jan. 25, 5:30 p.m. ET: This story has been updated throughout with comments from Theranos and Walgreens.An audit by the Centers for Medicare and Medicaid Services (CMS), a federal health agency, has reportedly uncovered “serious deficiencies” at Theranos’s lab facility in Newark, Calif.The details of the audit were not disclosed but are expected to be released soon — and could result in Theranos tests being suspended from the Medicare program if not promptly redressed, according to The Wall Street Journal.CMS told the Journal that it “can’t confirm any survey conclusions or results at this time.”Theranos spokeswoman Brooke Buchanan told Entrepreneur that the company hadn’t received a copy of the final routine audit report, which was conducted last fall. “Unfortunately, the blind sources that The Wall Street Journal used didn’t tell us where they were from or who they are or what level of access that they have,” she said. “It’s all allegations at this time.”Theranos’s partnership with Walgreens is also hanging ever more in the balance, according to the Journal. Walgreens, which houses 41 Theranos testing facilities in locations throughout Arizona and California, has already suspended expansion of the program until questions about Theranos’s technology are resolved, but the facilities face an even greater risk of being shuttered pending the results from CMS’s latest inspection.Buchanan said that these reports are also incorrect. “We are actually looking to expand,” she said of Theranos’s partnership with Walgreens.Related: Health Regulators Are Investigating Theranos’s Blood Test TechnologyA Walgreens spokesman reiterated a former statement to Entrepreneur that it made last October when the retailer initially halted expansion. “We are currently in discussions about the next phase of our relationship,” that statement read. “Plans to open more Theranos Wellness Centers are dependent upon both companies’ ability to reach a mutually beneficial arrangement.”Previously, CMS had cited problems following an inspection of Theranos’ Newark lab in 2013, which the company said it resolved, as well as infractions last year at another Theranos lab facility in Arizona. But the latest findings are “far more severe,” according to the Journal.Theranos was founded in 2003 by 31-year-old Stanford dropout Elizabeth Holmes and says it can conduct a multitude of blood tests using a tiny sample pricked from a fingertip. The company was last valued at $9 billion.Currently, Theranos has only received FDA approval to conduct one test using its proprietary technology, for herpes. (As the only lab seeking FDA approval, Buchanan told Entrepreneur, “that’s one more test than anyone else.” She added that Theranos is seeking FDA approval to “create a best-in-class lab.”) Today, Theranos is conducting the rest of its tests with traditional machines, with some outsourced to outside labs — for which it is suffering financial losses, according to the Journal. As for these claims, Buchanan told Entrepreneur that the company isn’t losing any money and is instead experiencing a record-breaking volume of tests in its labs and traffic in its stores.“If The Wall Street Journal actually understood the laboratory industry a little bit better, they would know that it’s very common practice for labs to send out certain tests to reference labs,” she said.Related: Safeway Seeks to Dissolve Secret $350 Million Deal With Beleaguered Blood Startup Theranos January 25, 2016 Free Webinar | July 31: Secrets to Running a Successful Family Business Theranos Geoff Weiss Register Now »
Profitero launched AMZ Maximizer, the most complete and precise analytics solution for maximizing Amazon sales.AMZ Maximizer fixes a blind spot for brands selling on Amazon. While brands know how their product sales are trending on Amazon, it’s hard for them to measure the two main factors underlying sales performance: daily shopper views of their product pages (traffic) and daily product page conversion rates. Profitero analysis shows that 60% of sponsored products on Amazon have suboptimal conversion rates, revealing a missed opportunity to boost ROI by sponsoring higher-converting products.Using sophisticated algorithms, AMZ Maximizer provides brands with granular, daily-updated traffic and conversion estimates for all their products. It also allows brands to quickly and easily correlate their traffic, conversion and sales performance with changes in search ranking, pricing, out-of-stock rates, content and reviews, leading to more precise optimization.Marketing Technology News: Only 30% of Midsized Call Centers Are Confident in Ability to Meet Customer NeedsAdditionally, by using AMZ Maximizer brands can:Better prioritize content and promotional investments by focusing on the lowest-converting products with the greatest need and most to gainRapidly test new content variables, such as product images, videos and A+ content, and measure impact on traffic and conversion before implementing at scaleIdentify leading indicators of sales performance issues earlier and respond fasterMarketing Technology News: Outdated Technology Preventing Banks from Investing in Disruptive Technologies, According to Fenergo Survey“Using AMZ Maximizer’s traffic insights, we’ve been able to better forecast demand for our Amazon products and quickly adjust our supply chain to maintain in-stock rates,” said Stacy Hanks, Director of eCommerce for The Master Lock Company. “So far, this has allowed us to recapture half a million dollars in annualized sales for one of our highest-viewed products. Applying the same approach to our entire catalog has the potential to create several million dollars in additional value for our business, annually.”“Amazon is incredibly dynamic, and brands are constantly seeing their product sales fluctuate without precise insight into why. This can lead to guesswork and inefficient investment by eCommerce teams,” said Vol Pigrukh, CEO and co-founder of Profitero. “By providing a 360-degree view of the digital shelf, combined with a highly-granular view of the full Amazon sales funnel, Profitero clients will be able to grow online sales in a focused, proactive way.”Marketing Technology News: The Measurement Advantage: Marketing Leaders Are Four Times As Likely As Laggards To Exceed Business Goals, Grow Revenue, And Gain Market Share Profitero Launches the Industry’s Most Complete and Precise Analytics Solution for Maximizing Amazon Sales Performance MTS Staff WriterMay 14, 2019, 6:02 pmMay 14, 2019 AmazonAMZ MaximizeranalyticsMarketing TechnologyNewsProfiteroVol Pigrukh Previous ArticleAdobe Delivers Commerce Advances for Small and Mid-Market BusinessesNext ArticleConfirmit Announces 2019 ACE Award Winners
Reviewed by Alina Shrourou, B.Sc. (Editor)Jun 26 2019Scientists have taken a common, yet laborious lab test and redesigned it to be performed in small 3D printed pipette tips used to measure and transfer fluids in the laboratory.An ELISA is an Enzyme-Linked ImmunoSorbent Assay. It has been used for decades to test blood and other biological fluids for numerous substances and diseases, including various cancers, pathogens such as HIV and other infectious agents, and to measure levels of biological substances such as proteins.The standard test is performed in laboratory plates with 96 small wells on each plate. After the fluid, such as blood, has been put into the test wells, there is a long process of adding several antibodies to the samples that bind to the pathogen or protein being tested, and rinsing away those that don’t bind. Additional reagents such as blocking buffers and detection chemicals are added, with rinsing required between each step. The final result is a visible color change to indicate if the pathogen or other agent is present and at what levels.Although ELISA is reliable, the tests are labor intensive, and the antibodies and color indicators used can be expensive. In addition, sophisticated devices are used to read the color intensities in each well and turn those readings into meaningful data about how much of the agent of interest is contained in the sample. Those devices cost thousands of dollars.Interestingly, the process of adding, removing, and rinsing is done using hand-held lab devices called pipettes. Like a miniature old-fashioned turkey baster, pipettes use tiny disposable plastic tips that are dipped into a fluid and sucked up by the plunger of the pipette. Pushing on the plunger lets the researcher dispense the liquids into the tiny wells in the 96 well plates in amounts that are similar to a few drops of water. Related StoriesNew protein target for deadly ovarian cancerPrevalence of anal cancer precursors is higher in women living with HIV than previously reportedNanoparticles used to deliver CRISPR gene editing tools into the cellSelimovic is referring to the fact that the researchers realized that the pipettes used for the laborious adding, removing, and rinsing of fluids could just as easily contain all of the elements in the 96 well plates allowing the whole test to be quickly performed within the plastic pipette tip.”In the middle of all of the pipetting and rinsing of an ELISA tests, one of my colleagues said, ‘I wish doing an ELISA was as easy as pipetting,'” explained Mohamed Sharafeldin, the lead author of the work done in the laboratory of James Rusling, Ph.D., Professor Chemistry Department and Neag Cancer Center at the University of Connecticut.That comment lead to the idea of 3D printing pipette tips capable of binding all of the components of the ELISA contained in the 96 well plates but on the inside of the pipette tip itself. The result allowed the research team to add, remove, rinse and see the final result inside the transparent pipette tip, completely eliminating the 96 well plates. In addition, the expensive machines used to read the color intensity can be replaced by a cell phone app that takes a picture of the color change in the pipette tips and gives a readout of the test results.The invention hits somewhat of a grand slam in terms of improvements over the typical ELISA. Tests showed that it gave comparable results; the cost is a fraction of a traditional ELISA; and the ease of the system requires less training for users. The cell phone app allows a picture to be taken of the color change in the pipette tips, which can be sent to a technician who could remotely read the results to help make a diagnosis. Finally, the standard ELISA can take up to eight hours. The new test takes 90 minutes.While some additional testing is still being done, the research team is optimistic not only about less pipetting, but the potential use of their system in rural communities and developing countries, where the diagnostic precision of an ELISA in a simpler, cheaper form could have a highly significant impact on the healthcare of these underserved populations. Source:National Institute of Biomedical Imaging and Bioengineering This latest invention is an example of how a relatively simple idea can result in a novel technology that could have a significant impact on public health.”Seila Selimovic, Ph.D., director of the program in Biosensors and Physiological Detectors at the National Institute of Biomedical Imaging and Bioengineering
Alibaba doubles investment in SE Asia e-commerce firm Explore further Citation: Alibaba acquisition values meal-deliverer Ele.me at $9.5 bn (2018, April 2) retrieved 18 July 2019 from https://phys.org/news/2018-04-alibaba-acquisition-values-meal-deliverer-eleme.html Chinese e-commerce giant Alibaba said Monday it was acquiring full ownership of leading food-delivery firm Ele.me in a deal that values the Shanghai-based start-up at $9.5 billion. The deal is the latest salvo in the intensifying turf battle between tech heavyweights Alibaba and Tencent in the fast-growing Chinese markets for online food ordering and digital payments.Alibaba and its financial arm Ant already owned 43 percent of the app-based Ele.me and said in a statement that it would acquire all remaining shares.It said the takeover puts Ele.me’s value at $9.5 billion. Alibaba did not say how much it was paying for the remaining stake.Ele.me, which means “Are you hungry?”, said it operated in 2,000 Chinese cities and had 260 million users as of mid-2017, employing an army of three million scooter-borne delivery drivers.The statement by Alibaba, an e-commerce leader through its hugely popular Taobao online shopping platform, implied that it would expand Ele.me’s delivery business beyond mere meals.”Ele.me’s fast local delivery service will build on its core expertise in food delivery to provide consumers with a wider range of products and services on demand,” Alibaba said.”This expansion of offerings will allow Ele.me to efficiently utilise its large delivery force that currently fulfils orders in cities across China.” Ele.me has been competing fiercely with its main rival Meituan, which is backed by Tencent, the Chinese social media, messaging and online payments heavyweight.Users of meal-ordering platforms tripled in two years to 343 million in 2017, the China Internet Network Information Center said. The vast majority use mobile apps. Alibaba has been trying to integrate its online e-commerce services with offline bricks-and-mortar services to ensure growth momentum. © 2018 AFP This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Alibaba is acquiring full ownership of food delivery firm Ele.me in a deal that values the start-up at $9.5 billion