techilive.in Open in urlscan Pro
2a06:98c1:3120::3  Public Scan

Form analysis
2 forms found in the DOM

GET https://techilive.in

<form role="search" method="get" class="search-form clearfix" action="https://techilive.in">
  <input type="search" class="search-field" placeholder="Search..." value="" name="s" title="Search for:" autocomplete="off">
  <input type="submit" class="search-submit" value="Search">
</form>

GET https://techilive.in

<form role="search" method="get" class="search-form" action="https://techilive.in">
  <input type="search" class="search-field" placeholder="Search..." value="" name="s" title="Search for:" autocomplete="off">
  <input type="submit" class="search-submit" value="">
</form>

Text Content

 * Wednesday, October 19, 2022
 * About Us
 * Terms of Use
 * Cookie Policy
 * Disclaimer
 * Contact
 * Privacy Policy
 * More

TechiLive - Live News for you

 * World
 * Technology
 * Sports
 * Health
 * Business
 * Fashion
 * Travel
 * LifeStyle
 * More

Posts

Categories

Tags


   
   
 * Home
 * Business
 * Google searches for solar panels increase by 300 per cent as cost of living
   and energy crises hit

Business


GOOGLE SEARCHES FOR SOLAR PANELS INCREASE BY 300 PER CENT AS COST OF LIVING AND
ENERGY CRISES HIT

By Nick J Adam On Aug 17, 2022
Share


GOOGLE SEARCHES FOR SOLAR PANELS HAVE ROCKETED BY MORE THAN 300 PER CENT THIS
YEAR, WITH THE COST OF LIVING AND ENERGY CRISES HITTING HARD.

More Brits are looking for alternative and cleaner energy sources it has been
shown by a new report of Google Trends data. Searches shot 316 per cent above
the five year average in March, and is rising again in August, as the UK
experiences a heatwave.

This comes as inflation reaches a 40-year high at over nine per cent, with fuel
supply issues caused by the war in Ukraine contributing to a massive increase in
cost for the average household.

Energy bills are projected to be £4,200 from October, with UK households being
given a one-off £400 discount on their fuel bills.







Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
business newsBusiness updatecentcostCrisesEnergyGoogleHit
Share
Nick J Adam 78445 posts



Prev Post

Modern Warfare 2 Campaign Can Be Played Early – But There’s a Catch

Next Post

Jennifer Lopez, Ben Affleck to exchange vows for second time, it’ll be a
three-day extravaganza

Business


RUPEE PLUNGES 61 PAISE TO DIP BELOW 83-MARK FOR FIRST TIME AGAINST DOLLAR

By Nick J Adam On Oct 19, 2022
0
Share

The rupee plunged 61 paise to decline below the 83-mark for the first time
against the U.S. dollar on October 19 amid unabated foreign capital outflows and
a strong dollar in the overseas markets.

Besides, rising crude prices in the international markets and risk-averse
sentiment among investors weighed on the local currency, traders said.

At the interbank foreign exchange market, the local currency opened strong at
82.32 but later pared gains to settle at an all-time low of 83.01(provisional)
against the American currency, down 61 paise over its previous close.

In the previous session on October 18, the rupee slipped 10 paise to end at
82.40 against the dollar.

Meanwhile, the dollar index, which gauges the greenback’s strength against a
basket of six currencies, advanced 0.31% to 112.48.

Global oil benchmark Brent crude futures rose 0.82% to $90.77 per barrel.

On the domestic equity market front, the 30-share BSE Sensex gained 146.59
points or 0.25% to end at 59,107.19, while the broader NSE Nifty advanced 25.30
points or 0.14% to 17,512.25.

Foreign Institutional Investors (FIIs) remained net sellers in the capital
markets as they offloaded shares worth ₹153.40 crore on October 18, according to
exchange data.

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
83markbusiness newsBusiness updatedipdollarINR-USDnews updatepaise
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


UKRAINE’S GRAIN EXPORTS RECOVER TO NEAR PREWAR LEVELS

By Nick J Adam On Oct 19, 2022
0
Share

Ukraine said its exports of agricultural products have recovered to around
prewar levels, a revival that has helped ease pressure on global food prices and
offers a bright spot in Kyiv’s fight against Russia.

However, analysts say the rise in exports, which were hit hard by the war, hides
continued hurdles for Ukraine’s globally important agricultural industry. The
country relies on shipping grain out of the Black Sea, a route dependent on
cooperation with Russia. Farmers, meanwhile, have planted fewer crops this year,
and Russia still controls a large slice of Ukrainian farmland.

Nevertheless, data from Ukraine’s Ministry of Agrarian Policy and Food shows the
country shipped 6.9 million metric tons of grain, vegetables and edible oils
last month, almost matching the 7.1 million tons exported in September last
year.

Exports have accelerated this month, the ministry said, with shipments of
agricultural products since the start of the Autumn season hitting 10.4 million
tons so far—one million tons more than the entire summer season.

HARVESTING WHEAT IN UKRAINE IN AUGUST. PRICES HAVE COME DOWN SINCE RUSSIA
INVADED THE COUNTRY, BUT REMAIN ELEVATED.



Photo:

Alexey Furman/Getty Images





Still, analysts caution that much of what has been leaving Ukraine is corn that
farmers couldn’t get out of the country earlier in the year, as they clear large
backlogs of produce.

Export figures could still dip in the future, they warn, given farmers are
likely to have planted less wheat this year because of disruption from the war,
a lack of money and labor and the high cost of fertilizers.

“Conditions on the ground are disappointing,” said Elena Neroba, a manager at
Maxigrain, a Ukrainian grain broker.

As of Monday, Ukrainian farmers had planted 2.5 million hectares of winter wheat
from an expected 3.9 million hectares in parts of the country not occupied by
Russia, Ms. Neroba said.

Less, or lower quality, fertilizer will also decrease crop yields, she said.

Russia’s invasion of Ukraine in February closed off the country’s main export
route by blockading its Black Sea ports. That prompted Ukraine to reroute some
of its grain across land borders, a big logistical challenge that led to reduced
exports and added costs.

A SHIP CARRYING GRAIN FROM UKRAINE IS INSPECTED IN ISTANBUL.



Photo:

yasin akgul/Agence France-Presse/Getty Images





Ukraine’s status as one of the world’s biggest agricultural exporters resulted
in wheat prices jumping by 46% and corn by 11% in the days that followed the
invasion.

Prices have since come down but remain elevated amid the continuing conflict and
concerns about the U.S. harvest, among other factors.

The fallout from the war continues to affect higher food prices. On Thursday,
U.S. consumer price inflation data showed that grocery prices increased 13% from
a year ago in September. Around the world, food prices are 45% higher than
before Covid-19 emerged in early 2020, according to the United Nations Food
Price Index.

In an attempt to free up supplies and prevent a global food crisis, Russia and
Ukraine in July agreed to a United Nations-backed deal to resume grain exports
via Black Sea ports.

However, the arrangement leaves most of Ukraine’s exports reliant on Russia’s
cooperation, and Moscow has hinted several times that it could withdraw from the
deal.

Last month, 3.8 million metric tons of agricultural products left Odessa region
ports via the Black Sea. Meanwhile, 1.24 million tons were exported through
Ukraine’s Danube river ports and 1.82 million tons crossed land borders by road
and rail, according to government data.

Russia’s bombardment of Ukraine is also hurting the country’s agricultural
infrastructure. In recent days, for instance, Russia bombed a large sunflower
oil storage facility in the port city of Mykolaiv.

Write to Alistair MacDonald at alistair.macdonald@wsj.com



Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.
87990cbe856818d5eddac44c7b1cdeb8



Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
agriculturebusiness newsBusiness updateCorn FarmingcorporateCorporate/Industrial
NewsCorporate/Industry ExportsEconomic News
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


MOST WEB3 MARKETING IS FAKE AND FRAUDULENT. HERE’S WHAT NEEDS TO CHANGE.

By Nick J Adam On Oct 19, 2022
0
Share

Opinions expressed by Entrepreneur contributors are their own.

Around October 2021, my attention got caught by what was happening in the NFT
space. If you were there, you certainly felt intrigued at how “pictures of
animals” were being sold for hundreds of thousands of dollars.

While my first gut reaction was skepticism at the general sentiment, my
curiosity propelled me to learn more. As I dug more into it, all the signs of an
unhealthy and unsustainable market were there: the frenetic FOMO, greed, toxic
positivity, scarcity and fake urgency.

If you experienced being a part of the NFT space during this time, I’m sure you
recognized these patterns on many of these projects’ Discord, Twitter and
Telegram communities. Behind many early “degen” projects were greedy marketers
taking advantage of the speculative market sentiment and profiting huge sums by
spreading narratives of incredible returns and making empty promises of utility
in the forms of “roadmaps.”

But as I struggled to find the value in expensive apes, lions, monkeys and
giraffes, I couldn’t help but notice the incredible technology (NFTs) at the
foundation of all of this. Many entrepreneurs were innovating and pioneering
this exciting tech that opens so many doors to real-life use cases for
blockchain. As soon as I realized this, I knew I had to be a part of it.

Related: Here’s a Beginner’s Guide to Crypto, NFTs, and the Metaverse

The potential of NFTs and Web3 to disrupt the status quo of so many industries,
norms and social structures really caught my attention as an entrepreneur and
rebel at heart.

And so I decided I wanted to dip my toes into this new ecosystem, and I went
after what would be my agency’s first client — a P2E NFT game — a use case for
NFTs that fascinated me as people could openly and securely transact in-game
assets between each other, creating entire digital economies inside of these
games.

It took me weeks of writing free reports, campaign suggestions and telegram
stalking until I got the CEO’s attention. After many conversations, I finally
signed the contract and agreed to get paid half in tokens (please, don’t ever do
this). I started by focusing on fixing the many positioning, messaging and
communication flaws in the game’s existing strategy.

My goal was to identify its core attributes and “sexy traits,” understand the
potential audiences and finally identify the narratives and channels we could
leverage for the game’s launch, which took place in just six weeks.

The CEO hated that I spent my time and resources focusing on these “frivolous”
tasks that — according to him — had no impact on the overall campaign. His
attention seemed to be entirely on getting as many influencers, Twitter
followers, WAGMI’s and discord members as possible. After all, that’s what he
was paying me for (read the irony).

That was a red flag, but I needed the case study. So I got him the vanity
metrics he was desperate for and kept doing the important work in the background
without making it so evident. The launch went well, but I retired their account
as soon as it was over.

Many web projects in Web3 fail to understand that marketing in this new industry
is not as special or different as they might think. The number of
well-intentioned (and not-so-well-intentioned) projects that died as fast as
they came up during the bull run was overwhelmingly shocking.

The main reason behind this was that many marketers, most without any previous
“real-world” experience, believed that the industry’s standards of short-term,
manipulative and amateurish marketing tactics were the way to succeed in this
space. Too many projects thrived in toxic environments where narratives of
greed, future earnings, buzzwords, exaggerated roadmaps and artificially
positive communities led to massive and explosive growth.

Vanity numbers and manipulation tactics helped these projects to sell out and
thrive momentarily during the NFT bull run. Still, as soon as their members
found the next big thing — projects quickly became irrelevant. If a project
didn’t sell out in 3.5 seconds, their own communities would start spreading FUD,
and the valuations of their recently bought NFTs would drastically plummet. Many
people entered the NFT space and quickly got burned or scammed. These toxic and
short-sighted market dynamics surely left a bad reputation and delayed the
progress of the NFT space as a whole.

Related: The First-Ever Tweet in NFT Format Sold for $2.9 Million in March 2021.
The Most Recent Bid Is $132.

So, Web3 Founders and enthusiasts, let’s create the next bull run based on
healthy narratives, highlighting our project’s benefits and value, building
trust, credibility, and transparency through our marketing. Let’s focus on
deploying strategies and campaigns that create and sustain healthy and thriving
communities regardless of market conditions. Let’s create communities that are
genuinely passionate about our products, solutions and the value we’re creating
for the world.

We do this by playing the long-term game. By doing the right things over time,
building products and solutions that people really need. By leaving the toxic
hype behind as a lesson.

Once we get there as an industry, we will be able to attract and convince the
masses instead of repelling them. We will attract the professionals, customers
and investors we need to build and sustain the growth and adoption of Web3
projects for years to come.

We can genuinely accelerate the implementation of new and innovative business
models built on transparency, ownership and decentralization toward the future
of this new web. But for that, we need to come together and acknowledge our past
mistakes. And to be clear on our path moving forward. And communications and
marketing — how we present ourselves to the world and create our communities —
is one of the first steps we need to reflect on and ensure we do it right next
time.



Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
business newsBusiness updatechangeCoinbase NFTContent
Marketingcryptocurrencyfakefraudulent
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


THROWBACK! D-ST BULLS CAUGHT IN ROLLERCOASTER RIDE AFTER PEAKING IN 2021

By Nick J Adam On Oct 19, 2022
0
Share

Mumbai: October 19 has in some way been symbolic to Dalal Street traders, as on
the same day last year, benchmark indices Sensex and Nifty50 hit their lifetime
highs.



On October 19, 2021, the Nifty50 and Sensex hit lifetime highs of 18604.45
points and 62245.43 points, respectively.

Since then, equities have been on a rollercoaster ride and the indices even
tested 52-week lows earlier this year.

On Wednesday, Nifty 50 ended 0.1% higher at 17512.25 points and Sensex at
59107.19 points with a 0.3% gain.

The Nifty50 and Sensex are down more than 5% from their lifetime highs.

During the Jan-Oct period of 2021, both Nifty50 and Sensex notched more than 30%
gains, but in the same period in 2022, they barely managed to gain just 1%.






The stellar gains that Indian equities made last year and outperformed peers
raised questions about overvaluations as the US then was still grappling with
high inflation and risks of aggressive rate hikes by the US Federal Reserve.

Factors such as global macroeconomic concerns, Omicron, Russia’s invasion of
Ukraine, skyrocketing oil prices, aggressive rate hikes by global central banks,
higher US bond yields, and the dollar-hitting multi-year high fizzled out the
euphoria in the equity market.

These headwinds triggered record selling by foreign institutional investors in
2022 to the tune of $24 billion.

14 out of the 30 Sensex stocks have given negative returns over the past year.
Information technology stocks have been the major laggards.

However, Indian equities managed to navigate the rough waters, showing strong
resilience compared to the peers of emerging and developed markets.

Despite the volatile markets, some of the index stocks that have outperformed
were

, , , Mahindra & Mahindra, and .

Shares of ITC have given the maximum returns of about 38% in the last year.

At a time when equities in most major emerging and developed markets are poised
to end 2022 with negative returns, India is widely anticipated to be an outlier.



(Data inputs from Ritesh Presswala)

(Disclaimer: Recommendations, suggestions, views and opinions given by the
experts are their own. These do not represent the views of Economic Times)


Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
bharti airtelbullsbusiness newsBusiness updateCaughtdalal streetDStICICI Bank
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


BARGAIN HUNTING CONTINUES TO LIFT LOCAL STOCKS

By Nick J Adam On Oct 19, 2022
0
Share

PHILIPPINE STOCKS extended their gains on Wednesday to track Wall Street’s rise
and amid continued bargain hunting.

The bellwether Philippine Stock Exchange index (PSEi) rose by 19.67 points or
0.32% to close at 6,148.31 on Wednesday, while the broader all shares index went
up by 13.11 points or 0.4% to 3,266.62.

“PSEi sustained its rally for the seventh consecutive day. We attribute this to
the positive sentiment in the US market last night following the UK’s retraction
of its proposed fiscal stimulus plan, which could lead to an uptick in global
inflation if it pushes through,” AP Securities Inc. Equity Research Analyst
Carlos Angelo O. Temporal said in a Viber message on Wednesday.

US stocks closed higher on Tuesday on improved corporate earnings. The Dow Jones
Industrial Average rose 337.98 points or 1.12% to 30,523.8; the S&P 500 gained
42.04 points or 1.14% to 3,719.99; and the Nasdaq Composite added 96.60 points
or 0.9% to end at 10,772.40.

Monday’s policy reversal from British finance minister Jeremy Hunt also
continued to buoy investor sentiment.

Mr. Hunt on Monday thumbed down most parts of the proposed tax cuts announced by
his predecessor, saying the measures would help the government raise around 32
billion pounds ($36.2 billion) a year.

Philstocks Financial, Inc. Research Analyst Claire T. Alviar said in a Viber
message that last-minute bargain hunting and net foreign buying lifted the
market despite being in the red for most of the day amid a lack of catalysts.

Net foreign buying stood at P119.99 million on Wednesday, down from the P752.76
million in net purchases recorded in the previous session.

“Philippine shares extended their stay in the green as bargain hunting continued
ahead of the third-quarter earnings reports,” Regina Capital Development Corp.
Head of Sales Luis A. Limlingan said in a Viber message.

“Recession fears and aggressive central banks have dragged US markets to their
lows, but the solid run to earnings season stateside may signal that the economy
is currently on better footing than feared,” Mr. Limlingan added.

The majority of the sectoral indices closed higher on Wednesday. Services rose
by 23.42 points or 1.49% to 1,586.95; industrials went up by 79.79 points or
0.91% to 8,834.38; holding firms gained 15.24 points or 0.25% to end at
5,907.06; and mining and oil climbed by 10.14 points or 0.09% to 10,763.22.

Meanwhile, property went down by 14.69 points or 0.54% to 2,691.58 and
financials declined by 2.48 points or 0.16% to 1,541.53.

Value turnover dropped to P4.15 billion on Wednesday with 379.72 million shares
changing hands from the P4.82 billion with 351.70 million issues traded on
Tuesday. 

Advancers outnumbered decliners, 94 versus 87, while 44 names closed unchanged.

AP Securities’ Mr. Temporal placed the PSEi’s support at 5,700 and resistance at
6,200. — A.E.O. Jose

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
Bargainbusiness newsBusiness updatecontinuesHuntingliftlocalnews update
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


FESTIVE CHEER ALLUDES TRACXN TECH IN GREY MARKETS AHEAD OF LISTING

By Nick J Adam On Oct 19, 2022
0
Share

The festive lights have lifted the mood on Dalal Street, but apparently failed
to light up Tracxn Technologies’ fate on Wednesday, just a day ahead of its
listing on the bourses, if one goes by the grey market premium.



According to market watchers, the company is witnessing negligible trades in the
unofficial market as it is trading at a discount of up to Rs 3 apiece. Even
analysts are not very positive for any sort of listing pop at the debut.

Shares of Tracxn Technologies were available at a discount of Rs 3 apiece,
compared to issue price of Rs 80 per share. However, there was a drought in the
numbers of trades for the counter.

The Rs 309.38-crore initial public offering (IPO) of Tracxn Technologies was
open for subscription between October 10 and 12 as the company sold its
38,672,208 equity shares via offer for sale (OFS) route in the range of Rs 75-80
per share.

The issue was overall subscribed just above twice during the bidding process.
The quota for retail bidders was subscribed 4.87 times, whereas institutional
buyers’ allocation was subscribed 1.66 times. The HNI portion fetched only 80
per cent bids.

Among the fundamentals, Tracxn Technologies has an inconsistent bottomline and
issue was highly priced, leaving nothing on the table for investors, said Abhay
Doshi, Co-founder, UnlistedArena.


“Poor subscription from the investors and entirely offer for sale by the
promoters have turned investors skeptical, leading to no premium or trade in the
grey market,” the avid grey market tracker added.

Founded in 2013, Tracxn Technologies provides market intelligence data for
private companies. The company has an asset light business model and operates a
Software as a Service (SaaS)-based platform named Tracxn.

The company’s extensive global database and customised solutions and features
allow its customers to source and track companies across sectors and geographies
to address their requirements.

Aayush Agrawal, Senior Research Analyst,

said that Tracxn Technologies is expected to have a muted to negative listing
owing to high valuations, less than stellar subscription numbers and the issue
being entirely an OFS.

“We had assigned an ‘avoid’ rating for this issue in the IPO note,” he added.
“Investors must wait for a few quarters before deciding whether to invest or not
for the long term.”

(Disclaimer: Recommendations, suggestions, views, and opinions given by the
experts are their own. These do not represent the views of Economic Times)

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
aheadalludesbottomlinebusiness newsBusiness updateCheerfestivegrey
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


SOUNDEXCHANGE WINS $9.7M ROYALTIES LAWSUIT AGAINST SLACKER AND PARENT COMPANY
LIVEONE – MUSIC BUSINESS WORLDWIDE

By Nick J Adam On Oct 19, 2022
0
Share

A court in California has ruled in favor of US performance rights organization
SoundExchange in its lawsuit against Slacker, Inc. and parent company LiveOne in
the US over unpaid royalties owed to creators and rights owners.



SoundExchange in June sued Slacker, a music platform that offers free and
subscription-based access to licensed songs via music stations, accusing the
firm of failing to pay statutory royalties to creators in 2017.

LiveOne, formerly LiveXLive Media, acquired Slacker Radio in 2017 for $50
million, the same year that Slacker allegedly stopped paying royalties to rights
owners and artists.

SoundExchange said it has been negotiating with Slacker since 2017 to resolve
its outstanding balance, but the latter allegedly failed to meet the terms that
both parties agreed to, prompting SoundExchange to lodge a legal complaint in
June.

Most recently, the United States District Court for the Central District of
California on October 13 ordered Slacker and LiveOne to pay $9.7 million in
unpaid royalties due to performers and rights owners, according to a Tuesday
(October 18) release from SoundExchange.

The court also permanently barred Slacker and LiveOne from using the statutory
license going forward.

A statutory license lets non-interactive digital music streaming services play
music in exchange for monthly payments at the statutory rate determined by the
Copyright Royalty Board.

SoundExchange, which helps creators collect royalties whenever their music is
played anywhere in the world, says it collects statutory payments from more than
3,600 services and distributes monthly royalties to rights owners, recording
artists and non-featured musicians and vocalists.

> “Despite a prior agreement, multiple promises, and repeated negotiations,
> Slacker and LiveOne failed to pay properly for the music – on which the
> companies built their business model.”
> 
> Michael Huppe, SoundExchange

“SoundExchange takes our role in defending fair compensation for creators
seriously. Despite a prior agreement, multiple promises, and repeated
negotiations, Slacker and LiveOne failed to pay properly for the music – on
which the companies built their business model,” Michael Huppe, President and
CEO of SoundExchange, said.

Huppe added: “It is regrettable that this step became necessary, but we will not
back down when it comes to protecting creators and ensuring they are
well-represented and properly paid under the law. We are grateful for the
court’s recognition of the value proposition and this judgment in our favor.”

The court’s judgment comes as LiveOne returned to profit in the fiscal first
quarter ended June 30. It booked a net income of $1.4 million from April to
June, versus a net loss of $8.1 million the previous year. In the fiscal year
ended March 31, LiveOne registered a net loss of $43.9 million after booking
$41.8 million in net loss in the year-ago period.

LiveOne’s CEO and Chairman, Robert Ellin, in August said the company expects its
audio business to collectively achieve revenue in excess of $80 million in the
current fiscal year.

In its quarterly report released at the time, the company said it believes “it
has already adequately reserved for the amounts due to [SoundExchange].”

“The company is currently negotiating with [SoundExchange] to resolve this
matter and if necessary, intends to hire counsel to defend the defendants in
this matter,” it said.

LiveOne noted that it has license agreements to obtain rights to stream sound
recordings from SoundExchange, Universal Music Group, Sony Music Entertainment,
Warner Music Group, and more.

“If we fail to obtain these licenses, the size and quality of its catalog may be
materially impacted and its business, operating results and financial condition
could be materially harmed,” the company noted.

The company has yet to release a statement in response to the court
judgment.Music Business Worldwide

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
#business9.7mbusiness newsBusiness updatecompanylawsuitLiveOnemusic
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


UPDATE: JEFFERIES ASSUMES TRANSUNION AT BUY

By Nick J Adam On Oct 19, 2022
0
Share


UPDATE: Jefferies Assumes TransUnion at Buy

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
assumesbusiness newsBusiness updateBuyJefferiesnews updatetechi livetransunion
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


CONTAINING CHINA IS BIDEN’S EXPLICIT GOAL

By Nick J Adam On Oct 19, 2022
0
Share

Imagine that a superpower declared war on a great power and nobody noticed. Joe
Biden this month launched a full-blown economic war on China — all but
committing the US to stopping its rise — and for the most part, Americans did
not react.

To be sure, there is Russia’s war on Ukraine and inflation at home to preoccupy
attention. But history is likely to record Biden’s move as the moment when
US-China rivalry came out of the closet. America is now pledged to do everything
short of fighting an actual war to stop China’s rise.

It is not clear that corporate America, or its foreign counterparts, have fully
digested what is about to hit them. For decades, serious businesses have based
their growth models on having a China strategy — whether it be by exporting to
China, or producing there, or both. Unless a company’s product is, say, luxury
goods or agricultural commodities, Biden’s technological decoupling will hit
their bottom line. His escalation also marks a final break with decades of US
foreign policy that assumed China’s global integration would tame its rise as a
great power.

America’s conversion to China containment is bipartisan. It was one thing for
Donald Trump to target Huawei and ZTE, the Chinese telecoms conglomerates, and
aim for managed trade. It is another for Trump’s Democratic successor to isolate
China’s entire high-tech sector. It is notable there are no prominent voices
raised in either political party against US-China decoupling. Washington’s China
politics is now about which party can get more to the right of the other.

There are two big risks to Biden’s gamble. The first is that America is now
close to making regime change in China its implicit goal. The new restrictions
are not confined to the export of high-end US semiconductor chips. They extend
to any advanced chips made with US equipment. This incorporates almost every
non-Chinese high-end exporter, whether based in Taiwan, South Korea or the
Netherlands. The ban also extends to “US persons”, which includes green card
holders as well as US citizens. That presents a binary choice between America or
China. Most will choose the US. But there are tens of thousands of Chinese green
card holders who will now be inclined to believe Beijing’s claim that there can
be no such thing as divided loyalty.

The hit to China’s economy will be far bigger than the word “semiconductor”
implies. Biden’s move draws on the premise that any advanced chip can be used by
China’s military, including for nuclear weapon and hypersonic missile
development. It is also meant to undercut China’s goal of dominating global
artificial intelligence by 2030. But all such chips are dual use, which means
that the US is now committed to blocking China in all kinds of civilian
technologies that make up a modern economy.

In most American and many western eyes, such steps look like a fair response to
decades of Chinese intellectual property theft that has fuelled its military
growth. In Chinese eyes, it will look like the US wants to keep communist China
permanently down. It is no great leap from that to regime change.

The more imminent risk is that Biden’s gamble could prompt Xi Jinping, China’s
president, to accelerate his timetable for Taiwan reunification. The island
state is by far the world’s largest maker of high-end chips. That Biden’s move
took place shortly before China’s 20th party congress, which ends on Saturday
with a likely third five-year term for Xi, is notable. Many China watchers think
Xi wanted to put the party congress behind him before turning to his vow of
fixing the Taiwan problem. Biden could have made a violent resolution to China’s
Taiwan policy more likely. He could equally have given Xi pause for thought. We
will find out.

What we do know is that national security is once again the lens through which
Washington sees the world. Rest in peace “the world is flat” and the “end of
history”. The US has endorsed a zero-sum metric in which China’s rise is seen as
being at America’s expense. You could say that Biden is belatedly reacting to
what China has been talking about for years — with increasing unsubtlety by Xi.
But that is hardly reassuring. It means that the world’s hegemon and its only
serious rival now see each other through the same lens. As is usually the case
in history, nobody else gets much of a say.

Will Biden’s gamble work? I’m not relishing the prospect of finding out. For
better or worse, the world has just changed with a whimper not a bang. Let us
hope it stays that way.

edward.luce@ft.com

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
Bidensbusiness newsBusiness updateChinaexplicitgoalnews updatetechi live
0
Share
Nick J Adam 78446 posts


Leave a comment
Business


GLOBAL CO2 EMISSIONS TO GROW LESS THAN 1% THIS YEAR THANKS TO RENEWABLES- IEA

By Nick J Adam On Oct 19, 2022
0
Share

Global carbon dioxide emissions from burning fossil fuels are expected to rise
by just under 1% this year, as the expansion of renewables and electric vehicles
outweighed coal demand, the International Energy Agency (IEA) said.

CO2 emissions are on course to increase by nearly 300 million tonnes to 33.8
billion tonnes this year, a far smaller rise than their jump of nearly 2 billion
tonnes in 2021, the agency said in a report.

The rise this year has been driven by power generation and the aviation sector
as air travel rebounds from pandemic lows.

While that increase could have been much larger at possibly 1 billion tonnes
with countries’ coal demand surging as gas prices soared due to the war in
Ukraine, deployment of renewable energy and EVs have kept a lid on that rise.

“The global energy crisis triggered by Russia’s invasion of Ukraine has prompted
a scramble by many countries to use other energy sources to replace the natural
gas supplies that Russia has withheld from the market,” said IEA Executive
Director Fatih Birol.

“The encouraging news is that solar and wind are filling much of the gap, with
the uptick in coal appearing to be relatively small and temporary,” he added.

Stay connected with us on social media platform for instant update click here to
join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay
updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the
global media. All the content are available free on Internet. We have just
arranged it in one platform for educational purpose only. In each content, the
hyperlink to the primary source is specified. All trademarks belong to their
rightful owners, all materials to their authors. If you are the owner of the
content and do not want us to publish your materials on our website, please
contact us by email – admin@techilive.in. The content will be deleted within 24
hours.
business newsBusiness updateCO2EmissionsGlobalGrowIEAnews update
0
Share
Nick J Adam 78446 posts


Leave a comment


Popular Posts

1


Indonesia’s unexpected success story

Sep 20, 2022
2


6 eLearning eBook Hidden Gems To Help You Immerse And…

Oct 18, 2022
3


Random Group Generators for Teachers

Oct 18, 2022
4


4 Good Random Name Pickers to Use with Your Students in…

Oct 18, 2022
5


Mission – UETN Telehealth Services

Oct 17, 2022

Latest Post

Rupee plunges 61 paise to dip below 83-mark for first time…

Oct 19, 2022

Sony deal will delay ‘Call Of Duty’ on Xbox Game…

Oct 19, 2022

iPad vs iPad Pro: Which is best for you in 2022?

Oct 19, 2022

Lakers-Warriors takeaways: LeBron James explains why Lakers…

Oct 19, 2022

EA officially teases The Sims 5 updated called ‘Project…

Oct 19, 2022
Prev Next
 * About Us
 * Terms of Use
 * Cookie Policy
 * Disclaimer
 * Contact
 * Privacy Policy

© 2022 - TechiLive.in. All Rights Reserved.
Website Design by- Team Techi Live
 * World
 * Technology
 * Sports
 * Health
 * Business
 * Fashion
 * Travel
 * LifeStyle

 * About Us
 * Terms of Use
 * Cookie Policy
 * Disclaimer
 * Contact
 * Privacy Policy


 * Members
 * Members
 * Subscribers
 * Posts
 * Comments
 * Members
 * Subscribe