Settlement payout for Caicos Pride Day Boat Seafood Pelagic Fish Study halted

first_imgMinisters advised His Excellency the Governor to approve a settlement payment in respect of losses that both companies claimed they had incurred as a result of TCIG suspending a 2 year pelagic fishing research study in 2014. Cabinet met yesterday and it was determined that we owe Caicos Pride Products Ltd and Day Boat Seafood LLC financial compensation for cancelling the pelagic fish study. Related Items: Facebook Twitter Google+LinkedInPinterestWhatsAppA major payout is now due because TCIG reneged on an arrangement and it will cost tax payers likely a heap of money. Facebook Twitter Google+LinkedInPinterestWhatsAppcenter_img Additionally, the CDB, Caribbean Development Bank was in country and in Cabinet and presented on the Medium Term Development Strategy for TCI. The Turks and Caicos has qualified to borrow up to $100 million from the CDB. The Governor, during that Cabinet meeting, was also asked to endorse the Crown Land allocation to 36 Turks and Caicos Islanders who were successful in ballots drawn on April 29 2016. The Department of Environment and Maritime Affairs or DEMA had previously granted those companies a research permit; a House of Assembly vote led by the PDM ended the study. No settlement figure was given.last_img read more

Uhoh Intel Globalfoundries to fastforward into 14nm

first_img Citation: Uh-oh, Intel. Globalfoundries to fast-forward into 14nm (2012, September 24) retrieved 18 August 2019 from https://phys.org/news/2012-09-uh-oh-intel-globalfoundries-fast-forward-14nm.html © 2012 Phys.org This is a nonplanar architecture optimized for low-power, mobile system-on-chip (SoC) designs. These chips will deliver a 40 percent to 60 percent improvement in battery life compared to two-dimension planar transistors at the 20nm node. Globalfoundries will go “3-D” in the use of three-dimensional “FinFET” transistors. The big deal about “FinFET” rests in its promoted superior low-power attributes. The FinFET architecture takes a traditional two-dimensional transistor design and turns the conductive channel on its side, resulting in a three-dimensional fin structure, surrounded by a gate controlling the flow of current. The 3-D transistor design operates at a lower voltage with minimal current leakage. This leads to a longer battery life for mobile applications and less power consumption for plugged-in applications. The power-consumption advantage could have important implications for networking chips in data centers.Intel’s challenge is not only in the rival company’s technology but also in 14nm timelines. Globalfoundries is speeding up its timeline for its 14nm process. Chip watchers note that in so doing it is playing leapfrog over other companies. The company will be ready to roll with a 14-nanometer process that will include its three-dimensional transistor architecture. This is said to be similar to Intel’s Tri-Gate method. Enthusiasts say that the 14nm-XM design is expected to carry performance and power benefits of three-dimensional FinFET transistors, possibly influencing a newer generation of mobile devices.With the Globalfoundries plan, chip designers will be able to start producing sample 14 nanometer chips in 2013. In 2014 or early 2015, the 14 nm chips will be part of the consumer marketplace. Technology development of the 14nm-XM has begun in Globalfoundries’ Fab 8, a fabrication plant in Saratoga County, New York. The company is making early process design kits (PDKs) which are available now. Customer tape-outs—the final result of the design—are expected in 2013. Globalfoundries was formerly a manufacturing arm of AMD. Headquartered in Milpitas, California, Globalfoundries now counts itself as one of the largest foundries in the world by revenue. Imec releases industry’s first 14nm process development kit More information: www.globalfoundries.com/technology/14XM.aspx Explore further (Phys.org)—Globalfoundries has made an announcement that amounts to a direct challenge to Intel, in the latter’s race to get further ahead in the mobile device ecosystem. Both Globalfoundries and Intel will be racing for a more dominant position with higher performing and power efficient systems for smartphones and other devices. In short, Globalfoundries announced Thursday that it is accelerating its technology roadmap. Its newest design achievement for the mobile market is in the form of 14nm chip technology. The company provided some details about its 14nm-XM (“extreme mobility”) process. 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.last_img read more

Knots and stitches

first_imgThe 29th edition of India Carpet Expo showcases more than 275 reputed manufacturer exporters from all over country like – U.P., Rajasthan, Haryana, Jammu and Kashmir, Punjab, Madhya Pradesh, Himachal Pradesh, Andhra Pradesh etc. A record number of 450 overseas carpet buyers from around 57 countries mainly USA, Germany, France, UK, Turkey, Brazil, China, Canada, Denmark, Japan, Korea, European Union Countries etc shall be visiting the expo to generate business for this rural based cottage sector. Also Read – ‘Playing Jojo was emotionally exhausting’The event is organised by Carpet Export Promotion Council of India (CEPC) setup by Ministry of Textiles government o?f India. CEPC was established to promote the exports of hand-made / hand-knotted carpets and other floor coverings. CEPC therefore, helps in skill enhancement of weavers, artisans, entrepreneurs, strengthening base in existing markets, identifying potential markets, educating about government policies and its compliances, providing financial assistance for brand building of Indian hand-made carpets, through publicity, participating in world renowned trade fairs and expositions.Where: Hall no. 8- 11, Pragati MaidanWhen: March 27 – 30last_img read more

Commemorating 70 years of Indias independence

first_imgA wide swath of the millennia-old Indian civilization came alive through a cluster of artefacts of astonishing brilliance as the National Museum, recently, began a nearly two-month transcontinental exhibition. The showcase takes the viewers on an intriguing and exhilarating trip of the country’s spectacular past and its links with the outside world since antiquity. ‘India and The World: A History in Nine Stories’, the first of its kind event in India, marks an unprecedented collaboration in museum exhibition with the British Museum, London; National Museum, New Delhi; Chhatrapati Shivaji Maharaj Vastu Sanghahalaya (CSMVS), Mumbai; and some 20 private collections pooling in their resources for the phenomenal show. Also Read – Add new books to your shelfChief Guest Ram Bahadur Rai, President, IGNCA, formally inaugurated the exhibition, unveiling a unique line-up of around 200 ancient and modern exhibits which offer a chronological and thematic depiction of the evolution of India with multiple expressions of art and artefacts, stories and aesthetics. Some of the eye-popping objects on display include the oldest known hand-axe in the world (1.7-1.07 million years) from Attirampakkam, Tamil Nadu, a replica of the dancing girl of Mohenjodaro (2500 BC), a gold-horned Harappan humped bull (1800 BC), a Mughal miniature-inspired work by Rembrandt, an Ashokan edict (250 BC); and an imprint of the Constitution of India having more than 50 paintings supervised by the renowned artist Nandalal Bose. Also Read – Over 2 hours screen time daily will make your kids impulsiveRai described the exhibition as a “journey through history”, taking Indians to “moments in history that are a matter of pride for us”.”This is also a celebration of cultural exchanges and a moment to remember that our civilization has existed for millions of years and what it has given to the world in terms of culture, science and spirituality,” he said.In a message, Matt Hancock, UK Secretary of State for digital, culture, media and sport, said: “Culture is at the heart of the UK-India relationship and the living bridge that connects our two nations. This exhibition not only explores our shared history, but shows how our institutions are building partnerships that will last well into the future. I am delighted that it has reached new audiences in Delhi and I look forward to seeing it myself when I host a launch event next week.” A host of dignitaries, including British High Commissioner to India Dominic Asquith, L.N. Sharma, Chief Post Master General, Delhi Circle, Dr Hartwig Fischer, Director, British Museum, and Sabyasachi Mukherjee, Director General, CSMVS were present at the inauguration.On the occasion, National Museum released three books: Divyambara: Masterpieces of Costume from the National Museum Collection by Lotika Varadarajan; Kaivalyam: Jain Painting in the National Museum by Dr S.V. Tripathi and Pawan Jain; and An introduction to the Indus Valley Civilization by Sanjib Kumar Singh and Gunjan Kumar Srivastava. Unveiling a special postal cover brought out by the Department of Post, L.N. Sharma said the exhibition showcases Indian history from two million years ago to the present day, not just displaying the regional connects but global links that provide visitors with a lifetime opportunity and a great learning experience. The exhibition will run till June 30 from 10 am to 6 pm, except on Mondays and public holidays.last_img read more

How Cloud Computing Saved My Business

first_img 5 min read Opinions expressed by Entrepreneur contributors are their own. Some might find it strange that something as ephemeral as the “cloud” could have as great an impact on businesses as more tangible transformational technologies such as the smartphone and computer.With the cloud, businesses don’t have to invest in and maintain costly backroom hardware and software. They are freed from costly, time consuming maintenance and administrative duties and can concentrate on what they really want to do — run a profitable operation.But the cloud is not just transforming how businesses operate. It has been critical to the survival of some companies. Here are three examples of entrepreneurs who have turned to the cloud to both establish and save their businesses.Post.Bid.Ship CEO Micky Thompson1. Post.Bid.Ship A Tucson, Ariz.-based service that matches shippers with goods to haul and carriers looking for freight on their return trips after a delivery.Dilemma: Unable to track marketing efforts or provide sales insights. Post.Bid.Ship was launched in July 2010 to provide matchmaking services between carriers and shippers, but it needed to improve and better coordinate its operations. The company initially had a three-step process — acquiring leads and converting them into clients, handling customer relations, and matching carriers and shippers — each a separate operation relying on traditional media and phone calls.Solutions: Customer relationship management (CRM) service SalesForce.com and Spark by Marketo marketing automation software. The company instituted a nearly paperless combination of online database resources, email and social media, along with the cloud-based SalesForce.com and Spark by Marketo.Instead of print ads or trade shows, Post.Bid.Ship now generates sales leads via the U.S. Department of Transportation’s online Motor Carrier Division databases, supported by email responses to link clicks on its Web site and electronic newsletters. When a lead is entered into any of its systems, the data appears almost instantaneously in the others. When a client shipper or carrier posts a listing on the company’s website, bids with complete information are generated in minutes from SalesForce and Marketo.Related: How to Share Documents in the Cloud, SecurelyUsing targeted online and social media, the company now registers new customers at a nearly 300 percent higher rate than it did using trade shows, print ads and direct sales. What’s more, it has cut sales costs by nearly 71 percent.Without the cloud-based services, Post.Bid.Ship would have needed nearly twice as much initial and operating capital, as well as an around-the-clock IT division and twice as many employees, says CEO Micky Thompson.Other examples cloud-based marketing automation services include Addemar (plans range from $74-$738 a month) and Pardot (plans range from $1,000-$3,000 a month).Patrick Albrecht, owner of Atlanta’s Great Foods Group2. Great Foods Group Operator of four Atlanta-area restaurants: Paul’s, Social Vining’s, The Vinings Fish Company and Dos Amigos Cantina.Dilemma: Managing a growing mountain of paperwork. At one point, Great Foods Group owner Patrick Albrecht had tens of thousands of documents — invoices, receipts, employee checks and pay stubs, tax papers, health department reports — crammed in every nook and cranny of his home and offices. It would take hours to track down documents.Solution: Storing all paperwork with document scanning service Evernote. Albrecht started using Evernote in early 2011, once the software was available with mobile syncing. By committing nearly six years’ worth of documents to the cloud, Albrecht could not only quickly locate specific papers in seconds, but also could compare past transactions to determine which vendors provided the best prices.Albrecht says Evernote helped accelerate the opening of his fourth restaurant, Dos Amigos Cantina, by several weeks. He used the service to create a “new restaurant” checklist of tasks and shared folders with his partners and managers so they could access architectural plans, health department permits and other documents from any device.Related: Why Google Drive Won’t Be a Dropbox KillerEvernote costs $45 a year for 1 GB of document uploads a month. But Albrecht figures moving documents to the cloud cut the company’s overall expenses by about 2 percent a month. He also has emptied his home and offices of boxes, removing an emotional strain on his marriage and creating more space for supplies and seating at the restaurants.Examples of other cloud-based marketing automation services include SpringPad and SimpleNote, both free.CDL Helpers founder and CEO Tucker Robeson3. CDL Helpers Based in Winona, Minn., CDL consults with trucking companies to reduce personnel turnover and increase productivity.Dilemma: Spiraling costs of phone systems. Founded in April 2011, CDL Helpers lends a sympathetic ear to thousands of truckers nationwide. Its half-dozen tactical management agents spend nearly seven hours a day talking with drivers of client companies, collecting anonymous information about their experiences.An automated switchboard phone system to keep in touch with drivers across the country would have cost $1,500, plus another $3,000 to $5,000 to set up and is not easily expandable. In addition, long-distance phone bills would have totaled about $500 a month according to CDL founder and CEO Tucker Robeson.Solution: VoIP-based phone system RingCentral. Launching on a shoestring, Robeson opted instead to use cloud-based RingCentral, which costs $50 a month. It allows Robeson to add lines and extensions via his PC quickly and inexpensively. The only phone equipment CDL needs are $50 PC gaming headsets.Thanks to the cloud, CDL says, it has been able to pass along its cost savings to customers and attract new clients at a faster rate.Another cloud-based expandable phone system is Line2 Professional ($14.95 per month or $149.50 per year).Related: One Tool for Managing All Your Business Schedules May 16, 2012 This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now Enroll Now for Freelast_img read more