Reports – Chelsea move for top Arsenal and Tottenham target

first_img1 Chelsea have joined Arsenal and Tottenham in the race for Morgan Schneiderlin, according to reports in France.The midfielder very nearly left Southampton last summer as the south coast club endured an exodus of some of its top stars.In the end the Frenchman stayed and his performances this season have helped Saints climb to within touching distance of a European spot.However, Arsenal and Tottenham have not given up hope of signing the 25-year-old this summer and will battle out for his signature.According to L’Equipe though, the north London duo will be joined in their pursuit by Premier League leaders Chelsea.The Blues reportedly scouted the France international against Everton last week and are now weighing up a move for him. Southampton star Morgan Schneiderlin last_img read more

Kumba invests in SA child development

first_img27 August 2013 Kumba Iron Ore, a business unit of mining company Anglo American, has invested R32-million in the construction of nine early childhood development centres in South Africa’s Northern Cape province. The early childhood development (ECD) centres were built in partnership with the Northern Cape Education Department in Kagung, Magojaneng, Seoding, Batlharos, Mothibistad, Dithakong, Glen Red, Cassel and Bankhara Bodulong. Speaking at the hand-over of the centres in Seoding last week, Northern Cape MEC for Education Grizelda Cjiekella said the new centres were proof of the effectiveness of tri-sectoral partnerships between the government, private sector and civil society. “The onus is upon us to continue to use these ECD centres to plant the seeds of tomorrow and to take charge of our lives and our province as proud, confident and united stakeholders in the education of our nation,” Cjiekella said. The project includes an ECD learnership programme under which six local women will be trained as educators. “If we want to attract and retain the most skilled employees, and live up to Anglo American’s ambition of being the employer of choice, we need to make our people’s environment as welcoming as possible,” said Kumba Iron Ore chief executive officer, Norman Mbazima. “Importantly, if they have children, it is our duty to ensure that they have the best access to education possible,” Mbazima said. “We strive to transform the communities we partner with. We understand that real transformation begins with education, which is why we support such important educational programmes such as ECD.” SAinfo reporterlast_img read more

U.S. Towns Race for Conservation Supremacy

first_imgDifferent towns, different approachesThere’s no single path to a $5 million jackpot, as a story recently posted by Minnesota Public Radio goes to show.The report contrasts two communities: Fargo, North Dakota, a city of about 116,000 (host of this month’s “North of Normal Frostival”), and Duluth, Minnesota, with a population of about 86,000 roughly 250 miles to the east. Both are in one of the coldest regions of the country, with the average number of heating degree days topping 8,500 annually.In Duluth, specialists like Mike Braun are going house-to-house and fixing seemingly minor problems, such as drafty windows and inefficient lighting, on the theory it will all add up to significant savings.Braun told Minnesota Public Radio that one day’s worth of air-sealing can cut leakage by as much as 20%. Swapping incandescent light bulbs with LEDs can reduce electricity consumption by two-thirds.“Little things in aggregate will make a huge difference,” said Bret Pence, director of Community Programs for Ecolibrium3, a nonprofit doing weatherization work in town. “If everyone replaced one incandescent light with an LED light, we would be on our way to winning that competition.”One challenge is sinking energy prices, which make people think conservation isn’t important. Another is how to improve energy efficiency in the homes of people who don’t have much money to spare. Some poor families that don’t qualify for energy assistance from the state may spend as much as 40% of their income on utilities, Pence said. When it’s tough to put food on the table, replacing incandescent bulbs with LEDs isn’t going to happen.Ecolibrium3 hopes to work on 50 homes this year. Fifty small and midsized towns across the country are going head-to-head in a competition with a big payday: $5 million for the town coming up with the best energy-saving strategy.The 50 communities are semi-finalists for the Georgetown University Energy Prize, first announced in 2014 and now midway through a crucial two-year period in which energy consumption is being watched. The winner will be announced sometime in 2017.The contest was open to any of the 8,892 communities in the country whose population ranges from 5,000 to 250,000, a pool which prize organizers say includes about 65% of the U.S. population.In order to get to semi-finalist status, according to rules posted at the Energy Prize site, each community had to develop a long-term efficiency plan. They’re now in the process of showing how effective the plans are in reducing electricity and gas consumption by residential and municipal users (consumption by industrial and commercial users aren’t included, nor are other forms of energy, like gasoline or diesel).A year from now, judges will begin poring over the results and then select a group of finalists. The winner will be selected from that list on the basis of how much energy the community saved and other factors, including a final report that each town must submit.Towns and cities still in the running are spread widely across the country. California has the highest number — eight, including Berkeley and Palo Alto — while a number of states have no semifinalists. That list includes New Mexico, Arizona, Montana, Oklahoma, Texas, New York, Idaho, Maine, Pennsylvania, Georgia, and a few others.No one will be taking any long vacations on the prize money. The winner will have to spend the money on energy-efficiency programs that reward the community as a whole. Energy savings through gamesFargo, the radio report says, is hoping to win with a combination of social engagement and education, plus a game to get people excited about saving energy.“Behavior, buildings, and policies are the three tracks along which everything is working,” says Malina Srivastava, a North Dakota State University assistant professor of architecture who helped design an online game in which schools and neighborhoods can compete.Srivastava and other developers created an evil character called Waste-a-Watt, based on drawings by school children. The object at each level of the game, which is to be launched at the end of the month, is to capture Waste-a-Watt and plant a tree.“We’re asking people to learn, become aware,” Srivastava said. “We’re asking people to act on their own homes to save cost and then we’re asking people to invite their friends and family to join the effort.”As part of the effort, Srivastava’s students at North Dakota State are to design and build a Passivhaus home on a Habitat for Humanity budget.Mike Williams, a Fargo city commissioner and energy conservation advocate, said Fargo cut energy use by more than $3 million in the first six months of the competition.last_img read more

The Rise of C2C Marketing: How Bevy and CMX are Revolutionizing the Way We Do Business

first_imgA Review of Instagram Marketing by Matthew Lucas Just last month, C2C Marketing Company, Bevy acquired CMX Media, Inc; the premier community to community professionals, to address a growing demand for the In Real Life (IRL) social networks. Last week, the two rolled out a new local event program called CMX Connect, powered by Bevy. CMX is primarily an online community, so this new local event initiative is an exciting development as it’s further evidence in a cultural shift towards smaller, in-person communities. According to David Spinks, co-founder of CMX, the CMX Connect program is already off to a fast start with CMX members in 15 countries and 45 different cities already applying to participate in just 24 hours. CMX Connect is both an educational resource for community builders, and a place for community professionals to connect with their local peers in person. Given that CMX already has an avid online user base it seems poised to grow substantially with this new program.Active Chapters.According to the CMX website, there are already active chapters in ten different locations, including San Francisco, Seattle, Boston, and New York. The first CMX Connect event was hosted at Reddit HQ this past Tuesday. Alexis Ohanian, the co-founder of Reddit, has been vocal about the cultural shift away from traditional online social networks. Speaking at a recent conference, he said “we’ve hit peak social” and predicted that users will move away from big social networks and toward new, more community-focused platforms.Setting the trend of the customer to customer C2C marketing.In light of recent headlines around social media fatigue and data privacy, there’s an increasing appetite for smaller community groups who want to meet in person in a trend called customer to customer C2C marketing. A Pew Research Center study revealed that only 3 percent of social media users in the US said they have a lot of trust in the information they find on these sites. As a growing alternative, digital natives have been turning to in-person communities. Bevy is the leading enterprise software solution for Community Managers around the world. More and more brands are seeing tangible business results and improving the health of their online communities, by building strong in-person, In Real Life (IRL) communities. Apple pioneered the original concept around User Groups. Today, progressive brands like Atlassian, Duolingo, Slack and many more seem to be doubling down on their in-person communities. These world-leading companies are using Bevy to power their IRL communities; so it looks like a perfect fit for Bevy to accelerate the growth of the CMX community. Derek Andersen, CEO and Co-founder of Bevy.I caught up with Derek Andersen, CEO, and co-founder of Bevy to get his take on this trend. As the founder of Startup Grind, the world’s leading community for Entrepreneurs, he’s genuinely passionate about the power of human connection. Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content development. Related Posts Tags:#Bevy#C2C#CMX Media#Derek Andersen#In Real Life#IRL#Startup Grind Uber vs Lyft: Battling for Supremacy Deanna RitchieManaging Editor at ReadWrite This combination of Bevy powering the CMX community is a pivotal moment in the human connection. Community Management as a profession has been growing increasingly important. Now with CMX Connect, community professionals have the opportunity to scale their influence and expertise. The world will be watching this space in 2019 and beyond, to see how brands develop similar strategies to build stronger advocate communities. Traditional social networks and digital channels are changing — and Bevy along with CMX are in the C2C Marketing community now, ready to work through this cultural shift in customer sentiment. Andersen said, “regardless of the product, brand or vision, what it all boils down to, is word of mouth, where customers connect directly with other customers. The challenge most companies have is a lack of tools and expertise to build these in-person, customer-to-customer communities. Together Bevy and CMX provide industry leading community building technology and expertise.” CEOs in Troubled Waters (with Myriam Joire from… 4 Ways You Can Make Your Workplace an Engine of…last_img read more

Flood situation improves in Odisha districts

first_imgThe flood situation in Odisha has shown signs of improvement as rain has stopped in almost all districts. Except for Malkangiri and Kalahandi, there was hardly any rain in any other district on Thursday. The floodwater flowing towards the delta region in the Mahanadi river was not likely to pose any major threat as its level was decreasing. People in low-lying areas close to the coast are, however, worried about possible overflowing of floodwater before discharge into the sea. At Naraj, the water level was gradually dropping. The water discharge at Kharimal into the Mahanadi was measured at 3.35 lakh cusecs and at Barmul, it was 5.88 lakh cusecs. In most major rivers, the water level has been found either falling or steady.Special Relief Commissioner Bishnupada Sethi said 64,354 people were evacuated and sheltered in 173 relief camps. Of them, 83 camps with 23,383 evacuees were operating on Thursday. An estimated 2.96 lakh people in 11 districts were hit by the floods. Balangir has so far been the worst-hit district where 2 lakh people have been affected.last_img read more

Relief for startups CBDT lays out plan for pending angel tax assessment

first_imgNew Delhi: Giving a relief to startups, the government has laid out a procedure to address pending angel tax assessments under which action would be taken only after approval of a supervisory officer. The Central Board of Direct Taxes (CBDT), in a circular, said that no verification will be done by an assessing officer if a startup has been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) and the case is selected under limited scrutiny. Also Read – Thermal coal import may surpass 200 MT this fiscalSimilarly, it said the applicability of angel tax would not be pursued during the assessment proceedings and “inquiry or verification with regard to other issues in such cases shall be carried out by the assessing officer only after obtaining approval of his/her supervisory officer”. If a startup is not recognised by the DPIIT, then too the inquiry would be carried out after the approval of a supervisory officer. The circular followed the announcement made by Finance Minister Nirmala Sitharaman in Budget. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostShe proposed a host of incentives, including a special arrangement for resolution of pending assessments of income tax cases, with a view to encouraging startups. “To resolve the so-called ‘angel tax’ issue, the startups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums,” she had said. The issue of establishing the identity of the investor and source of his/her funds will be resolved by putting in place a mechanism of e-verification. Commenting on the issue, Amit Maheshwari, Partner, Ashok Maheshwary & Associates LLP said that CBDT has come out with a framework to tackle pending tax assessments. This clarification will help startups which are facing questioning in their assessments and will also give a clear direction to assessing officers on what to do in such cases, he said. “Contention of startups having DPIIT recognition will be accepted on section 56(2)(viib) of Income tax act and therefore, there would not be any tax adjustment additions on this account,” he said. He added that startups which do not have DPIIT recognition will still have to substantiate the valuations of the assessing office, if they question them. “However, as a safeguard this enquiry/verification will be after obtaining prior approval from the supervisory officer,” he added. Nangia Advisors (Andersen Global) Managing Partner Rakesh Nangia said, “Directions of the CBDT that the tax officer will have to summarily accept the contentions of the startup on valuation of its shares shall provide the relief intended to be provided to the startups.” While the recognised startups stand relieved, the ones that are yet to receive a nod from the DPIIT may still have to face the inquiry from tax officers and the procedure to be followed by the tax officers in such cases would be crucial to note, Nangia added. An angel investor puts funds in a startup when it is setting up its business. Normally, about 300-400 startups receive angel funding in a year. Their investment in a unit ranges between Rs 15 lakh and Rs 4 crore. After claims being made by several startups that they were receiving tax notices under section 56(2)(viib) of the Income Tax Act, 1961 to pay taxes on angel funds received by them, the DPIIT in consultations with CBDT resolved the issue. Section 56(2)(viib) of the I-T Act provides that the amount raised by a startup in excess of its fair market value would be deemed as income from other sources and would be taxed at 30 per cent. Touted as an anti-abuse measure, this section was introduced in 2012. It is dubbed as angel tax due to its impact on investments made by angel investors in startup ventures. More than 540 startups have received an exemption from angel tax so far.last_img read more