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Software giant Adobe Systems to acquire Magento Commerce for US$1.68 billion


Posted by | Posted in Uncategorized | Posted on 16-10-2018

Wednesday, May 23, 2018

On Monday, San Jose, California, US-based software company Adobe Systems announced their plans to acquire California-based e-commerce handling web service Magento Commerce for 1.68 billion US dollars (USD). After Adobe made the announcement via their official website, Adobe’s stocks rose by around one percent, ending Monday extended trading at USD 238.10 per share.

Magento provides services for the creation of digital ads and handling of online transactions. Magento’s services are used by Nestlé, Coca-Cola, Warner Music, and Canon. The acquisition, which is expected to take place in the third fiscal quarter of this year, is to be an all-cash deal. Adobe is to acquire Magento from Permira equity firm. In 2015, Permira bought Magento from eBay, an eCommerce website. Adobe, in their official statement, said, “Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud”.

Adobe also announced a buyback of shares worth USD eight billion by 2021. Magento’s CEO Mark Lavelle said, “Adobe and Magento share a vision for the future of digital experiences that brings together Adobe’s strength in content and data with Magento’s open commerce innovation […] We’re excited to join Adobe and believe this will be a great opportunity for our customers, partners and developer community”.

After the announcement, stocks of Magento’s competitors Shopify, Inc dropped by about 4.8%. They finished extended trading at USD 137.60 after the announcement.

News briefs:July 30, 2010


Posted by | Posted in Uncategorized | Posted on 16-10-2018

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British motorists showered with cash on motorway


Posted by | Posted in Uncategorized | Posted on 15-10-2018

Friday, June 17, 2005

Drivers on Britain’s M3 motorway were stunned to be confronted with a shower of cash on Tuesday evening.

Eleven thousand pounds‘ worth of £20 notes were blown from the rucksack of a passenger on a motorcycle at 7:30pm, while the motorway was busy with traffic.

Just £500 was recovered; the rest is believed to have been blown away in the windy evening. At least four other drivers quickly stopped, causing Hampshire police concern for safety.

The police are now investigating as to why the pair were carrying so much money. Carrying large amounts of money is not illegal, but is highly unusual. The riders said they had been to a car auction, returning empty-handed.

The motorcyclists re-started their journey, but the cycle broke down just two junctions on.

Thomson Corporation and Reuters agree to merge


Posted by | Posted in Uncategorized | Posted on 15-10-2018

Wednesday, May 16, 2007

The Thomson Corporation and Reuters Group PLC announced Tuesday that they have agreed to combine the two companies. The boards of both Thomson and Reuters will recommend the merger to their shareholders.

The Canadian Thomson-family holding company Woodbridge, which controls 70% of Thomson, has agreed to vote in favour of the deal and the Reuters Founders Share Company, which controls a special share in Reuters, will also support the merger.

Based on the TSX CA$46.36 closing share price of Thomson on May 14, 2007, each Reuters share would be valued at 691 pence and, therefore, the full capital of Reuters valued at approximately £8.7 billion. Cash requirements for the deal are to be provided by Thomson. Woodbridge will own approximately 53 percent of the combined company, other Thomson shareholders 23 percent and Reuters shareholders about 24 percent.

The merger arrangement will leave two separate companies that will be operated as a single entity. The boards of the two companies will be identical as will the senior executive management team. Thomson will be renamed to Thomson-Reuters Corporation, and will be listed on both the TSX and the NYSE. Thomson-Reuters PLC will list on the London Stock Exchange and the NYSE.

Reuters current CEO, Tom Glocer, will become CEO of the combined company while Thomson President and CEO Richard J. Harrington will retire at the completion of the merger.

Thomson has currently 32,000 employees worldwide, with operations in 37 countries and revenues of US$6.6 billion in 2006. Thomson’s major business operations centre around financial information and legal services, with smaller ventures in tax accounting, health care, and the scientific field. Thomson is headquartered in Stamford, Connecticut, in the United States.

Reuters is one of the world’s largest news agencies, with a total of 16,800 staff in all divisions, but derives more than 90 percent of its revenue from its financial service business. It is the merger of Thomson and Reuter’s financial services divisions that may have been the genesis of the talks. It has been suggested that both companies wanted a better economy of scale to compete with Bloomberg, the American financial services giant.

“We are enormously proud of the evolution of The Thomson Corporation and the value it has created for all our shareholders,” said David Thomson, Chairman of Thomson. “We recognize the rich history of Reuters and are committed to uphold the Reuters Trust Principles.”

The chairman of Reuters, Niall FitzGerald, expressed his satisfaction with the merger. “The shared expertise and complementary strengths of these two companies makes for a strategically compelling and financially attractive combination,” said FitzGerald in a joint press release. “I am especially proud that Reuters journalism will continue to be governed by the powerful Reuter Trust Principles of independence, integrity and freedom from bias.”

The new company is projecting efficiencies of greater than US$500 million per year, by the end of the third year after closing the deal.

Criticisms were raised by Reuters journalists, who voiced concerns in an open letter to the Reuters Founders Share Company. They worried whether or not “a reconstituted Reuters would maintain the high standards of journalism and the integrity, independence and freedom from bias that have shaped the company’s 156-year-old reputation.”

It is expected that the merger will draw the attention of regulators due to the size and nature of the transaction. “Antitrust authorities in Europe and the U.S. are almost certain to apply a more detailed and lengthy review of the acquisition than is typical, because of the limited number of companies that supply prices, data, news and financial tools,” said Simon Baker, analyst, Credit Suisse in London.

Iran, North Korea, USA blamed in failure of month-long Non-Proliferation Treaty conference


Posted by | Posted in Uncategorized | Posted on 15-10-2018

Thursday, June 2, 2005

The month-long 2005 Review Conference on the Nuclear Non-Proliferation Treaty (NPT) was concluded in May this year.

It was generally considered disappointing. The Chilean representative, Mr Labbe, stated that the outcome could only be described as a failure.

The point of view of some state representatives was that the meeting failed because of possible violations of the first pillar of the treaty (non-proliferation), both because of grave challenges to security and to the non-proliferation regime posed by Iran’s and the Democratic People’s Republic of Korea’s non-compliance with their non-proliferation and safeguards obligations, and the de facto proliferation of nuclear weapons to non-weapons states under nuclear sharing, in which Belgium, Germany, Italy, the Netherlands, and Turkey host nuclear weapons and may, in principle, participate in decisions on using those weapons and participate in the delivery of the weapons to their targets.

However, the Iranian representative, Javad Zarif, countered by stating that the three pillars of the Treaty (non-proliferation, disarmament and the peaceful use of nuclear technology) were intertwined and needed to be followed without diminishing the significance and effectiveness of any one pillar against the others, in reference to the failure of the nuclear weapons states to progress in disarmament. Article VI of the NPT states that

Each of the Parties to the Treaty undertakes to pursue negotiations in good faith on effective measures relating to cessation of the nuclear arms race at an early date and to nuclear disarmament, and on a treaty on general and complete disarmament under strict and effective international control.

He claimed that the United States had adopted a Nuclear Posture Review, incorporating the breach of the obligations on irreversibility, diminished role of nuclear weapons and lowering the operational status of nuclear weapons by stressing the essential role of nuclear weapons as an effective tool for achieving security ends and foreign policy objectives; developing new nuclear weapon systems, and constructing new facilities for producing nuclear weapons; resuming efforts to develop and deploy tactical nuclear weapons, despite the commitment to reverse the process and reduce them; and targeting non-nuclear weapon States parties to the Treaty and planning to attack those States.

The Malaysian representative, Rastam Mohd Isa, summarised the point of view of the states in the Non-Aligned Movement (NAM), claiming that they had maintained that the three pillars, nuclear disarmament, non-proliferation and the peaceful use of nuclear technology should be approached in a balanced manner and that the Treaty should be fully and non-selectively implemented. He also asserted the indispensable need to preserve the decisions and resolutions of the 1995 Review and Extension Conference and the Final Document of the 2000 Review Conference, which were positions, on which the NAM had consistently insisted on since the NPT’s entry into force in 1970.

The Ukrainian representative, Anatoliy Scherba, judged that the case for non-proliferation rested on the primary objective of the NPT to eliminate all nuclear weapons and, hence, the central importance of article VI and felt that it required from those who did not possess, not to acquire, and for those who possessed, to eliminate.

All You Need To Know When It Comes To Landscaping}


Posted by | Posted in Irrigation | Posted on 14-10-2018

All You Need To Know When It Comes To Landscaping


Kristoff Webber

Designing a yard is not as unpleasant as most individuals think. You simply need some critical information with regards to landscaping. This information is full of tips that will assist you to do just that, so that you can build the exact appearance for your garden that you know you want.

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A basic landscaping tip that can help anyone is to comprise a list of any needed materials before even beginning your project. There is no bigger frustration than beginning your project only to discover that you are without a vital tool; all work must then come to a stop until the proper material is found.Get the most out of your landscaping efforts by creating a multi-seasonal garden. Choose a variety of plants that bloom in the spring, summer, fall and even winter, as appropriate for your region. You can even choose trees that have beautiful leaves, or evergreen trees that will keep your grounds looking beautiful all year.If you create a garden that is used in all seasons, you will get the most from it. Select certain plants that will bloom in different seasons according to your location and its accompanying weather. It is also possible to utilize trees that offer beautiful foliage as well as evergreen specimens so that your outdoor space looks good any time of year.It is very difficult to landscape your whole residence all at once. So, what you should do is split up your landscaping in phases, which will also make it better for your budget. This also helps you change up your designs if you need to.Landscaping is so much more than just planting different trees and grasses. To add texture and substance, look for opportunities to include wood, cement or iron structures. You can be a little more creative with decks, birdbaths, archways and even pergolas. You can purchase less expensive or more expensive versions of these elements, depending on your budget.Many times a professional landscape architect or designer are not needed for your landscaping renovation. Professional landscaping can cost a ton of money. However, it could be wise to consult a landscaper that can give you advice on the things that you need to do.You can save money by timing your purchases. Lumber is usually less expensive in the winter months. Mulch, shrubs and trees can be quite a bit less expensive later in the season. So if you can, you may want to wait to make your purchases then. When original varieties of plants are introduced, their costs are usually sky high. Wait a couple of years for the demand to decline along with prices.Wildflowers are an inexpensive way to add color to your yard or garden. Wildflower seeds are widely available and can be scattered liberally in large or difficult-to-plant areas. The result of this simple task will be a gorgeous, multicolored array of all different types of flowers. Wildflowers are gorgeous in your yard and they can also help to create beautiful bouquets for your dining room table!Many people forget that much of their landscaping planning and shopping can be done online. However, shopping online is both easier and it allows you a wider selection than any local stores.You don’t need to hire a professional to landscape your garden! It is possible to do great things on your own property, provided you are dedicated to gaining the necessary knowledge and devoting sufficient time to the endeavor. When you are all finished, your neighbors will indeed be jealous of your new found skills. This is the best outcome possible!

Many folks wish to know more about landscaping. There are numerous ideas all over when it comes to landscape design companies, several of which aren’t beneficial to go over. The


can assist you much when looking for some of the proven strategies that could spur you to your objectives.

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All You Need To Know When It Comes To Landscaping}

Super Bowl 50: Denver Broncos defeat Carolina Panthers 24–10


Posted by | Posted in Uncategorized | Posted on 13-10-2018

Tuesday, February 9, 2016

On Sunday, the Denver Broncos defeated the Carolina Panthers in Super Bowl 50 by a score of 24–10. The game, played at Levi’s Stadium in Santa Clara, California in front of 71,088 spectators, marked the Broncos’ third Super Bowl victory and their first since 1999. Entering the game, the Panthers had lost only once in the 2015 NFL season, while the Broncos won 12 of their 16 games.

The Panthers kicked off to start the game, and the Broncos scored first with Brandon McManus’ 34-yard field goal. After both teams exchanged punts, the Broncos scored again when linebacker Von Miller stripped the ball from Cam Newton, forcing him to fumble, and the ball was recovered by Malik Jackson in the endzone to result in a Denver touchdown. In the second quarter, the Panthers scored a touchdown when running back Jonathan Stewart jumped over the goal line. The two teams punted again on their next drives. The second turnover of the game occurred when Bronco Darian Stewart forced Mike Tolbert to fumble, with Danny Trevathan recovering; however, the Broncos failed to capitalize when Peyton Manning was intercepted by Kony Ealy. The half ended with the Broncos leading 13–7. In the second half, the Panthers had a chance to narrow the margin to three points, but kicker Graham Gano’s 44-yard field goal attempt hit the goal post’s right upright. Afterwards, Denver increased the score with McManus kicking a 30-yard field goal. On the next series, Newton led the Panthers’ offense to the Broncos’ 28-yard line, but was intercepted by T. J. Ward. Denver and Carolina both subsequently punted. Afterwards, Manning was sacked by Ealy and fumbled; Carolina took advantage with Gano’s 39-yard kick to make the score 16–10. Unfortunately for the Panthers, Miller forced Newton to fumble at the Panthers’ four-yard line and Ward recovered. With 3:08 left in the game, Denver’s C. J. Anderson sealed the game with a two-yard touchdown run, followed by Manning’s two-point conversion to Bennie Fowler.

Miller ended the game with six tackles, 2.5 sacks and two forced fumbles and was awarded the Super Bowl Most Valuable Player Award. Manning, who is the oldest quarterback to start a Super Bowl at the age of 39 and is rumored to have played his final game in the National Football League, completed 13 of 23 passes for 141 yards with an interception and a lost fumble. The Broncos recorded only 194 yards, the fewest by a Super Bowl winner.

The game’s festivities featured Lady Gaga performing the national anthem. After the second quarter, Coldplay performed the Super Bowl 50 halftime show with former Super Bowl performers Bruno Mars and Beyoncé. Coldplay opened the show with “Viva la Vida” and “Paradise”, followed by a performance of “Uptown Funk” with Mars. Afterwards, Beyoncé performed her new song “Formation” and joined Coldplay and Mars on stage to end the show.

68 pieces of luggage found behind Texas pet store


Posted by | Posted in Uncategorized | Posted on 13-10-2018

Wednesday, December 27, 2006

At least 68 different pieces of luggage has been found behind a pet store inside a garbage dumpster in Houston, Texas. The luggage came from several different international flights and authorities do not know how they got there or if the contents of the luggage have been stolen.

“We’re going to be investigating and the authorities are going to be investigating,” said spokeswoman for Continental Airlines, Mary Clark. All luggage was handed over to Continental Airlines.

The luggage is reported to have been sifted through, and most pieces have come from all over the world. The luggage is reported to have come from Bush Intercontinental Airport. Some pieces of the luggage have name tags and Clark states that “we’re trying to reach whoever we need to let them know the bags are there.”

Officers with the Houston Police Department are in charge of the investigation. The luggage was found by individuals who own the pet store.

The FBI has stated that the bags do not pose any danger.

Financial Awareness For Women}


Posted by | Posted in Financial Services | Posted on 13-10-2018

Financial Awareness for Women


The Financial Whisperer

How many times have your heard: Money is Power? Plenty, I bet.

But, Power is not always about money; bearing children is more powerful than money, more powerful than knowledge. Frankly, procreation of a species is the most powerful position in any society, any living organism.

Heres the ironythe most powerful gender has in fact historically had the least amount of control, entitlements and freedom. Clearly women were viewed as threatening. And, the dominator rather than the partnership model for the most part has driven societies. The partnership model requires collaboration, cooperation, and is supported by inclusiveness rather than focusing on the differences between entities. The dominator model is very self focused and thrives on competition creating a singular winner verses team victory.

Is it any surprise then that some of the most famous women in history, who had power, had an untimely death.

All of our societies have been shaped by men evoking spiritual powers emanating from ritual knowledge that then crossed political means, creating and fostering male bias. That male bias has marginalized women throughout history.

So, its not so much that women have financial concerns as much as the root of disproportionate power that then gets displayed into the arena of money. How do women manage their shame about money when the underlying issue is about ultimate control, a lack of entitlements and the fear of loosing their current freedoms? Reducing the financial shame is the benefit of building self-awareness. Gaining actual tools for financial concerns is a step in the right direction.

Financial workshops for women are few and far between. Having debt elimination tips only deals with the surface. To achieve true financial stress relief, one must dig under the surface.

Sometimes financial management workshops will include a section on how to pick a financial advisor for women. These suggestions often make me wary because of the inherent gain a financial planner might garnish. Whereas hiring someone who is remunerated not by commission, but by retainer I think makes better sense.

But, a financial advisor for women really needs to understand what is going on under the surface. Long term financial management women will very often understand the issues faster than their male counterparts.but, as I call it: Bankspeak, is not a relegated to men only.

Understanding the premise that ones self-esteem can be directly connected to ones handling of money, the only way to gain financial stress relief is to heal the underlying damage. That takes courage, honesty and accountability. This is the best financial problem solution for women.

The Financial Whisperer helps you in reducing

financial shame

with the help of effective

tools for financial concerns

. Financial problems are rooted in emotional pockets and healing is a creative emotional process.

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Canada’s Scarborough-Agincourt (Ward 39) city council candidates speak


Posted by | Posted in Uncategorized | Posted on 11-10-2018

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Scarborough-Agincourt (Ward 39). Two candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Wayne Cook, Mike Del Grande (incumbent), Samuel Kung, Lushan Lu, Sunshine Smith, and John Wong.

For more information on the election, read Toronto municipal election, 2006.