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jewelry prefereces

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Re: jewelry prefereces

Postby musiy_gang » Wed Oct 21, 2020 7:55 am

omg there's so much spam here hahhaha
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LVMH and Tiffany kiss and make up over takeover dispute

Postby Lalita » Thu Oct 29, 2020 5:14 am

Luxury brand LVMH has ended a bitter dispute with Tiffany over its deal to buy the US jeweler.

The French brand will pay about $ 425m (£ 326m) less to acquire Tiffany and salvage the deal.

The dispute was triggered after LVMH got cold feet, claiming Tiffany was no longer the business it agreed to buy last November before the pandemic.

Tiffany then sued the luxury goods giant to try to force the deal to go forward.

The new deal brings to an end an acrimonious war of words between the two luxury firms.
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The initial deal ran into trouble last month when Louis Vuitton owner LVMH said it could no longer complete the transaction by a 24 November deadline, and would therefore not be buying Tiffany.

The jeweler then sued, saying LVMH had "unclean hands". slotxo
In return LVMH counter-sued, saying the jeweller had a "dismal" performance during the coronavirus crisis, and also cited a request by the French government to delay the deal until 6 January due to a threat of new US tariffs on French products.

Tiffany suing LVMH over stalled takeover talks
Love turns to hate as LVMH sues 'dismal' Tiffany.
However, the two firms struck a more conciliatory tone on Thursday, having reached a rapprochement.

Tiffany chairman Roger N. Farah said "it was in the best interests of all of our stakeholders to achieve certainty of closing".

LVMH chief executive Bernard Arnault said: "We are as convinced as ever of the formidable potential of the Tiffany brand and believe that LVMH is the right home for Tiffany and its employees during this exciting next chapter."

The new takeover price was set at $ 131.5 a share, down from $ 135 in the original deal, the companies said, bringing the total price tag to about $ 15.8bn.

"Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware Chancery Court," the firms added.
Lalita
 
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How social media is preparing for US election chaos

Postby Lalita » Sun Nov 01, 2020 10:07 pm

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How social media is preparing for US election chaos
There aren't many in the US who are sure there'll be an election result on the night.
Due to unprecedented numbers of postal votes, there could be days - possibly weeks - between the end of voting and the declared result.
And in that period of uncertainty there are fears of civil unrest.
Both sides could claim victory, and misinformation about the result could be rife.
The worry is that anger, fake news and hate speech on social media could inflame tensions.
So what is Big Tech planning to do about it?
The nuclear option would be to close down their apps for a period of time.
This is what we know social media companies intend to do to prevent that from happening.
Twitter says after election day candidates won't be permitted to claim they've won the election before a declared result.
Twitter also says candidates can't tweet or retweet content that encourages interference with the election process.
What will it do if that happens? Well, Twitter says it will direct people to resources with accurate, up-to-date information about the election status.
That sounds like Twitter won't take down tweets or even necessarily suppress them. But the tweets will be labeled.
Crucially Twitter gives itself room to manoeuvre if things really kick off - they haven't ruled out going further.
Last month, Nick Clegg told the FT's Hannah Murphy there were some "break-glass options available to us" in extreme scenarios.
What are those options? Well Facebook won't say.
But the Wall Street Journal has reported that some of these plans include altering news feed algorithms to suppress viral posts that propagate violence or fake news.
They can also deactivate certain hashtags related to misinformation around the election result.
And they will lower the bar for what they remove.
These would be techniques that Facebook has used in other parts of the world like Sri Lanka and Myanmar.
These are on top of what Facebook is already doing - for example labeling misinformation on voting.
They have also teamed up with Reuters to supply accurate election results on the night and in the days after the election.
Reddit appears to go much further that Facebook or Twitter.
It says information that seeks to mislead or misrepresent the election results is not allowed and would be removed from the site. slotxo
Reddit also has an entire page committed to what happens after the election
The site will host a series of "Ask Me Anything" events from the day after the election.
Voting experts will be on hand to answer questions about the vote, and what people can expect in the coming days.
Google is working with the Associated Press (AP) - to provide authoritative election results.
So in the days after the election if you searched for "Who won the election?" Google search would direct you to AP's updated results.
Google has also said it will pause ads referring to the 2020 election, the candidates or its outcome after election day.
It says it's done this to limit the potential for ads to increase confusion post-election.
YouTube says it will not allow "misleading claims about voting or content that encourages interference in the democratic process".
It also says it will remove content falsely claiming that mail-in ballots have been manipulated to change the results of an election.
That too goes further than Twitter and Facebook.
It also says it will enforce pre-existing rules on content that promotes violence.
Snapchat is slightly different to other social media companies here.
It doesn't have a newsfeed as such and the nature of the platform makes it harder for misinformation to go viral.
Even so, Snapchat says it is reminding its "stars" whose content appears on its "Discover" section not to amplify false information about the election, even unintentionally.
The company has also said it has an internal task-force to "vigorously protect our platform from being misused in any way".
TikTok says it is working with independent fact checkers during the election period.
It says it will remove misinformation related to the 2020 election - including the vote itself.
It is also adding an election misinformation option to in-app reporting so that users can flag content.
TikTok said: "In these momentous times, we're intent on supporting our community as we work to maintain the integrity of our platform."
In short, all these social media companies are treating the election, and its aftermath, very seriously.
We may know in a few days whether these measures are enough
Lalita
 
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Coronavirus: How will airlines get flying again?

Postby Lalita » Tue Nov 03, 2020 3:22 am

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Aviation is the most global of global industries. It employs millions of people, underpins the livelihoods of tens of millions more, and acts as part of the central nervous system of international business and leisure.

Yet now vast parts of the network have been shut down as a result of the coronavirus pandemic. The number of daily flights has fallen by 80% since the start of the year, and in some regions nearly all passenger traffic has been suspended.

The industry is in survival mode, with airlines, airports and ground-handling firms all desperate to conserve their cash reserves, while their normal revenue streams have dried up.

Widespread job losses are now expected, with British Airways' parent company IAG announcing on Tuesday that it is set to cut up to 12,000 positions from the airline's 42,000-strong workforce. IAG said it did not expect BA to see passenger demand return to 2019 levels for "several years".

Elsewhere, Easyjet has laid off its 4,000 UK-based cabin crew for two months, Qantas has put 20,000 staff on leave, and 700 pilots at American Airlines have agreed to take early retirement.

Even so, attention is now gradually turning to the future, and how airlines around the world can hope to slowly return to something approaching normality.
There are obvious logistical challenges. Aircraft need to be prepared for flight, and airports made ready to receive them. Schedules need to be drawn up, and staff made available.

But there are also less predictable issues to contend with. No-one can be quite sure yet where aircraft will be allowed to fly to, or what conditions might be imposed on staff and passengers by national authorities.

There are currently around 17,000 aircraft parked up at airports around the world, according to consultants Ascend by Cirium. That represents about two-thirds of the global fleet.

BA, for example, has aeroplanes stored at London Heathrow, at its maintenance base in Cardiff, on taxiways at regional airports such as Bournemouth, and at Chateauroux airport in France.

Even while parked, these aircraft require regular maintenance. Some will have been kept ready for immediate use. Many airlines have been carrying out repatriation flights, for example, or ad-hoc cargo services. But others will take a week or longer to prepare for flight, according to people within the industry.

If all those aircraft were needed at once, getting them ready would be a formidable challenge. However, analysts say in practice this is unlikely to be the case - because most airlines will start off by operating relatively limited schedules, and many aircraft will not actually be needed for months to come.

A further significant issue is the raft of human qualifications needed to allow the industry to function.

Pilots, for example, need time in the air, or in the simulator, to maintain their "ratings", or permits to fly specific aircraft. They also need regular medical checks. Other critical staff, such as air traffic control personnel and engineers, have time-limited qualifications as well.
Although many airlines and airports are trying to ensure they still have a core of staff available with up-to-date certificates - those who are involved in dealing with repatriation and cargo flights, for example - others have been unable to continue working.

In the UK, the Civil Aviation Authority (CAA) has already taken steps to prevent a backlog of expired credentials from undermining attempts to get planes back in the air as quickly as possible.slotxo

"Due to the extraordinary current circumstances, an exemption has been put in place," a spokesperson said.

"Where possible, we expect pilots to remain current through normal methods. If the exemption is being deployed, an airline must illustrate to us how this is being done safely."

Similar measures have been put in place for other key staff.
But while there are clear logistical problems involved with getting thousands of aircraft back into service, and ensuring there are enough pilots and technicians to go around, these are not the main issues keeping aviation executives awake at night.

The real problem, executives say, is the number of different countries that have introduced travel restrictions, and the lack of certainty over when those restrictions will be removed.

"What we are trying to do is have a global restart plan," explains Alexandre de Juniac, director general of the International Air Transport Association. "The main challenge is how and when the different states will lift restrictions to travel."

He believes curbs on travel will clearly last beyond the middle of the year, and some may remain at least partially in force until the end of 2020.

He thinks domestic routes within individual countries will open up first, followed by short-haul international services. Intercontinental travel would probably follow after that, although he admits "that is a point we haven't resolved yet".

One area causing a great deal of uncertainty is the extent towhich social distancing will be required when regular flying resumes.How will people be separated in airport lounges, in security queues, or in the airports themselves? What tests will be required, and how will they be carried out?

This is a commercial issue for both airports and airlines. For example, retail outlets and restaurants provide a lucrative source of revenues for airport operators.

"Non-aeronautical revenues are really important to airports," says Karen Dee, chief executive of the Airport Operators Association.

They enable us to keep down the charges we make to airlines, and ultimately that affects the ticket prices they can offer their customers.

"We don't want to reconfigure everything in our airports, only to find out in six months' time there's a vaccine and the new measures aren't needed any more."

IATA's argument is that whatever measures are introduced need to be the same and implemented in a co-ordinated fashion.

"We need to avoid the kind of situation that followed 9/11," says Mr de Juniac. "Back then we saw a piling up of different kinds of security measures, and it took a very long time to put it together again in a more consistent way. And we still have different measures."

Airlines too could be squeezed. Lufthansa is already operating services where middle seats are left unoccupied in order to allow a certain degree of social distancing on board. EasyJet - which has grounded its entire fleet - says it will do the same when it resumes flying.
As a short-term measure, this might help passengers fly with a little more confidence. But it comes at a serious cost.

In order to make money, airlines need as many seats as possible to be filled on every flight. "Load factors" are particularly important for budget carriers, which typically fly with more than 90% of seats occupied.

But if middle seats are left unoccupied, aircraft will have to fly just 65% full. This might be acceptable for a short period, but according to Mr De Juniac, if it went on for long, "it would certainly change the way in which the industry operates".

Ryanair's CEO Michael O "Leary has put it more succinctly, describing the idea as" idiotic ".

In the UK the government is considering forcing all passengers arriving in the country to spend two weeks in quarantine.

The industry association Airlines UK says such a plan would "effectively kill international travel to and from the UK, and cause immeasurable damage to the aviation industry and wider UK economy".
Getting aircraft back in the air may prove to be the easy part. Finding people to fly in them could prove more difficult - and some long-term changes to the aviation market are highly likely.

"It may not be too bad for firms which specialize in holiday travel," explains one tourism industry executive.

"People still want to go on holiday, and there's definitely still interest in going to short-haul destinations later in the year."

But analysts say business travel could be a different matter.

High-paying business and first class travelers usually account for a little under a third of the revenues for the industry as a whole. For long-haul carriers, it can be as much as 70%.

But there are now serious threats to that traffic.
The predicted global recession, the cancellation of major trade fairs and other set-piece events - and even the new willingness of businesses to use online tools as a substitute for face-to-face meetings - could all delay the recovery.

"I think we'll see a fusing of business models, and airlines trying different things," says analyst John Strickland of JLS Consulting.

"So you could see a sort of business class-lite, where people get a business class seat and meals, but no access to lounges. So at least the seat is occupied. There's room for a lot of creative pricing."

But the biggest problem for the entire industry, as it prepares to get back in the air, is that no-one - at any level - can really be sure what its future looks like.
Lalita
 
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Re: jewelry prefereces

Postby verstellen » Tue Nov 03, 2020 10:51 pm

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Covid lockdown: 'Cut off' village still blighted by slow bro

Postby Lalita » Wed Nov 04, 2020 12:18 am

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Villagers who felt "cut off" during lockdown due to almost non-existent broadband say nothing has changed as they go through Wales' firebreak.

In April, people in Pandy, Wrexham, said it was abysmal only having broadband speeds of 1Mbps or less, limited mobile phone signal and no 4G.

Alison Bendall said it was "very frustrating" she could not video call her grandchildren.

BT said it was working to connect the "hardest to reach households".

Now, as Wales enters the last week of a national, 17-day lockdown, people in the village say nothing has changed in the past six months for them.

Ms Bendall said: "Some days it can be fine and other days it just doesn't work. It's so frustrating.

It's so difficult because I've got grandchildren. I try to see them on WhatsApp or FaceTime and it just doesn't work.

"It's so hard when lockdown's here, that you can't even see over the internet."

Broadband boost for rural areas
TV leaves village offline - what's slowing yours?
While Pandy has never had a superfast fiber connection, other areas of the Ceiriog Valley do.

Mrs Bendall said poles carrying fiber in the village became active in the summer - only to deliver fiber to another area of ​​the valley.
She said some people lived just yards from active fiber cables, but were unable to connect without paying high costs under schemes like a Community Fiber Partnership (CFP).

Funding schemes are available to help with the cost of CFPs, but Mrs Bendall said most of the 58 properties in the village had been told they do not qualify.

Under another scheme, Universal Service Obligation (USO) she said BT quoted her more than £ 85,000 for connection.

"Four poles away, we actually have fiber, so I got really excited, but when the quote came in it was £ 85,000 just to connect our house.

"They've updated that to £ 8,000, but even 8,000 is just too much."

Thomas Hugh Kershaw, 22, lives with his parents and is looking for a job after completing a masters degree.

In order to search online he travels more than a mile to Glyn Ceiriog where he can find a mobile signal - and uses his phone as an internet hotspot. slotxo

"It's a bit of a hassle really ... it's the only way I can do it," he said, describing internet speeds at home as "beyond awful".

Thomas said poor internet speeds stopped him returning home from university in England during lockdown as he would not have been able to speak to lecturers online if he was back in Wales.

Aeron Davies lives yards away from a pole which carries fiber, but says he cannot get connected.

"I've got a lovely pole outside the house with everything ready to rock and roll and they just don't want to connect for some reason. I don't know why," he said.

"Why is a little village like Pandy being ignored?"

'Understand the frustration'
Connie Dixon, partnership director for Openreach in Wales, said: "We would urge residents to engage with Openreach as part of our Community Fiber Partnership Scheme where the cost of building an ultrafast fiber broadband infrastructure to Pandy would be split between Openreach and the community itself .

"If there's enough demand for the service the community's contribution towards the scheme could be covered in full by using the Welsh Government's top-up to the UK government's rural Gigabit Voucher scheme."

BT said: "We understand the frustration of those in hard to reach areas like this and we're fully committed to working with the government to find the best and most cost effective ways to connect the most expensive and hardest to reach households.

"The costs for this area have been reviewed and been brought down to under £ 10,000 for the whole build, connecting 44 premises.

"We're also be offering in future the option for communities to split the cost of a USO connection build between them."

The Welsh Government said telecommunications was not devolved, but pointed to £ 200m it had spent on rolling out superfast broadband and other schemes, which had seen total coverage reach 95% of premises.

A Welsh Government spokesman said they have introduced measures to help those communities get connected with schemes such as the £ 10m Local Broadband Fund.

"The most recent data from the telecommunications industry show more premises in Pandy are now eligible for the Rural Gigabit Voucher scheme if they wish to apply," a spokesman added.
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Bitcoin: $1bn address with Silk Road links 'being transferre

Postby Lalita » Wed Nov 04, 2020 7:53 pm

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Almost $ 1bn (£ 772m) in Bitcoin linked to the notorious Silk Road website is being transferred, analysts say.

The Silk Road was an online black market, selling everything from drugs to stolen credit card information and murderers-for-hire.

It was shut down by the US government in 2013.

It's unclear whether the transaction is being made by the owner of Silk Road, law enforcement or hackers.

Blockchain trackers Elliptic and Ciphertrace reported that about 69,370 bitcoins were moved from an account believed to originate from the Silk Road.

This online wallet is the world's fourth-richest Bitcoin address, according to website BitInfoCharts.

Who's responsible?
Criminals with access to the wallet could be moving the money - either to cash in the funds or to keep them safe, if the original account was compromised by hackers.

But law enforcement agencies may have also accessed the account, either through a hack or with the co-operation of a criminal with access to the wallet.

In 2015, Bitcoin seized from a different wallet associated with Silk Road was sold at auction by the US government.

The US Department of Justice has been contacted for comment.Dr. Tom Robinson, co-founder of Blockchain analysts Elliptic, detailed the findings and said the account had been dormant since 2015.

"Blockchain analytics shows these funds originated from a wallet linked to the Silk Road back in 2012," he told the BBC.

Silk Road creator Ross Ulbricht is currently serving two life sentences in prison after being found guilty of money laundering, computer hacking, and conspiracy to traffic narcotics.

Moving funds
"The movement of these bitcoins ... may represent Ulbricht or a Silk Road vendor moving their funds," Dr Robinson wrote in a post on Elliptic's website.

"However it seems unlikely that Ulbricht would be able to conduct a Bitcoin transaction from prison." "There is some speculation that the wallet could have been cracked by hackers," Blockchain analysts Ciphertrace said in its report.

"These movements could possibly mean that the wallet owner is moving funds to new addresses to prevent hackers from accessing the wallet.dat file, or that hackers have already cracked the file."

The account has been circulating among hackers trying to break into the wallet since early September, Alon Gal, chief technology officer of cybercrime intelligence company Hudson Rock said. slotxo

Bitcoin prices have been rising to their highest levels since January 2018, selling above $ 13,000 (£ 10,044) since Friday.

Prof Alan Woodward, a computer scientist from Surrey University, said it was "highly likely" to be either the criminals involved in Silk Road or law enforcement agencies.

"It's been sitting there for such a long time that if the criminals were ever going to cash out they might as well try now," he added. "They know very well it's being watched, but they also know that we live in turbulent times where the authorities have their hands full with major world events. They might be hoping they can slip under the radar."

But David Gerard, author of Attack of the 50 Foot Blockchain said it would be difficult to sell on such a large amount of Bitcoin.

"I'm not sure the crook could cash out now, both because of the size of the stash, and because everyone is watching," he said.

"That's the trouble with Bitcoin - if you're going to do drug crimes worth millions of dollars, then you probably shouldn't do them on a permanent immutable public ledger.

"Bitcoin is completely traceable, and everyone can follow the hot bitcoins."
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