Source: Rabobank and ©GUTEKSK7 – STOCK.ADOBE.COM NEW YORK — Foodbytes, the innovation arm of Rabobank, is introducing an online connection hub for startups, investors and corporations at foodbytesworld.com. Food and agriculture startups may create a free profile to gain visibility among potential partners and funders. Benefits include the ability to showcase technology, traction, business updates and investment opportunities, as well as access to a centralized dashboard featuring industry insights and evolving capabilities. Participating startups also may be featured in Foodbytes insight reports and lists highlighting trends and industry sectors. Corporate partners and investors may subscribe to Foodbytes for access to vetted and verified startups and exclusive content. An annual subscription for up to four users is priced starting at $10,000, and early corporate adopters include Barilla, Rich Products and J.M. Huber, as well as General Mills’ 301 Inc. and Rabobank’s internal investment fund. “At its core, Foodbytes is rooted in (food and agriculture) industry expertise and startup connections,” said Stijn Rook, global head of Foodbytes. “Offered by no other bank, our startup-led data, curated insights and scalable approach will drive value for corporates, investors and startups alike.” Launched in 2015, FoodBytes has helped hundreds of startups validate and grow […]

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The Center for Health, Work & Environment continues its statewide response to workplace mental health and substance use Recovery Friendly Workplace On January 12, 2023, the Center for Health, Work & Environment (CHWE) at the Colorado School of Public Health (ColoradoSPH), along with the Colorado Consortium for Prescription Drug Abuse Prevention, concluded the first phase of its Recovery Friendly Workplace (RFW) peer learning series – a four-part virtual workshop for Colorado business leaders. Nominated participants represented a range of industries including healthcare, restaurants, hospitality, construction/utilities, local government, and education. This effort is part of the RFW Initiative led by the Center in response to the national mental health crisis and substance use epidemic. Addressing this issue in the workplace is a key strategy to support Coloradans struggling with common behavioral health conditions including substance use and addiction. Across multiple avenues, CHWE has and continues to convene executives and business leaders from across the state to be the voice of employers on this issue. Participants from the peer learning series will become the first to join the RFW Employer Workgroup. This group will represent Colorado employers who are champions for RFW policies and practices to lead the priorities in the […]

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Photo: Meta Longtime Meta executive Marne Levine will exit the company later this year, she told Axios, ending her 13-year tenure with the company. Why it matters : Levine currently oversees all advertising and business partnerships for Meta. Two longtime Meta executives, Nicola Mendelsohn and Justin Osofsky, will take over her responsibilities. Catch up quick : Levine joined Meta, then Facebook, in 2010 as the company’s first ever vice president of global policy. She came to Meta from the Obama Administration and is a longtime confidant of former Meta chief operating officer Sheryl Sandberg. Levine is credited with helping develop Meta’s strategy and positioning around key policy issues, such as data privacy, security, and content moderation. When she joined, the company had only five global policy employees, compared to hundreds today. She also served as the chief operating officer of Instagram for several years, helping to grow the app’s advertising business globally. Under her leadership, Instagram grew to over 1 billion monthly active users. Levine was named chief business officer in 2021, replacing the company’s outgoing chief revenue officer David Fischer. In that role, she oversaw a newly combined business unit that includes all of Facebook’s advertising businesses and […]

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Daphne Howland/Retail Dive Without its corporate parent to support its unprofitable operations, Bed Bath & Beyond Canada is insolvent and will wind down , according to filings with the Ontario Superior Court of Justice posted by Alvarez & Marsal Canada, a consultancy that has been appointed monitor for the proceedings. “The wind-down process must be commenced as soon as possible to maximize recoveries and limit costs by ensuring that BBB Canada can exit from all retail stores as soon as practicable and avoid further rent, employee costs, critical supplier/service provider fees, bank fees, and other ongoing amounts,” the retailer’s representatives noted in the filings. Access now➔ Bed Bath & Beyond CEO Sue Gove last week hailed a last-minute infusion of funds from a stock offering, other stock-related proceeds and a loan that could raise $1 billion and give the near-bankrupt home goods retailer some hope of recovery. But its last-ditch turnaround plan no longer includes its Canada business, according to the Canadian court filings. “After consideration of all strategic alternatives, the Bed Bath & Beyond Group has determined that it is no longer in a position to provide financial and operational support to BBB Canada,” per the filings. “BBB […]

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Customer centric and data driven are front and center in the Social Security Administration’s soon-to-be released new IT strategic plan. While the concepts are not necessarily new to SSA, or for that matter any agency, SSA is trying to drive customer centricity and data driven decision making through all of its IT modernization initiatives that serve the public and frontline employees. Patrick Newbold, the deputy chief information officer at SSA, said the new plan will build on the progress and concepts from the 2017 to 2022 strategy . Patrick Newbold is the assistant deputy commissioner and deputy chief information officer at the Social Security Administration. “We want to make more digital service options for the public available. What I mean by that is, we want to expand our digital channels to enable more options to for the public to electronically transit transact with us. That is what the public is telling us they want as they want to be able to do more services online,” Newbold said on Ask the CIO . “We want to convert our paper-based information into digital formats. We want to reduce internal paper processes as much as possible. We also want to improve the […]

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Challenge Disparate processes and legacy systems were slowing down Hyperoptic’s growth plans. Hyperoptic, one of the ‘fastest ultrafast’ broadband service provider with ‘full’ fibre optic technology entered the UK broadband market in 2011 to deliver gigabit speeds and is now available across 57 UK towns and cities. With an ambitious growth plan to scale the network and increase its subscriber base, the company had been looking to move to a futuristic and scalable ERP platform. Due to the existing fragmented processes across legacy ERP systems, it was essential to unify and digitalise procurement, warehouse, and finance operations for real-time track and trace, enabling strategic business insights. Further, it was crucial to have full visibility of capex and opex in capital-intensive projects. Solution TCS designed a scalable ERP platform to transform Hyperoptic’s business operations. TCS assessed Hyperoptic’s strategic priorities and business needs and proposed a simulated and value-driven business case, embracing the SAP S/4HANA cloud version on Google Cloud Platform (GCP). TCS conducted design thinking workshops to develop best-in class solutions and drive the adoption of industry best practices. Leveraging the capabilities of TCS Innovation Lab, Hyperoptic was able to accelerate the development of advanced solutions to support its business […]

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United States Department of State Bureau of Democracy, Human Rights and Labor (DRL) Notice of Funding Opportunity (NOFO): DRL Advancing Access to Justice for Morocco’s Underserved Populations This is the announcement of funding opportunity number SFOP0009362 Catalog of Federal Domestic Assistance Number: 19.345 Type of Solicitation: Open Competition Application Deadline: 11:59 PM EST on 10, April, 2023 Funding Floor: $750,000 Funding Ceiling: $1,000,000 Anticipated Number of Awards: 1-2 Type of Award: Grant or Cooperative Agreement Period of Performance: 24-36 months Anticipated Time to Award, Pending Availability of Funds: 6-9 months A. Project Description The U.S. Department of State, Bureau of Democracy, Human Rights and Labor (DRL) announces an open competition for organizations to submit applications for projects that improve access to justice for underserved communities in Morocco. DRL’s goal in Morocco is to promote access to justice and protection of human rights for all. DRL aims to improve public trust in the legal system for those who are underserved, increase public awareness of rights, and strengthen legal aid services. Successful program design(s) should focus on approaches that use the law to increase the knowledge and understanding of universal and inalienable human rights — prioritize urgent justice needs, recognize informal […]

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Aydar Rashidovich Aganin is one of Russia’s best Arabists. He has served in Jordan, Iraq, Palestine, and the United States. From 2007 to 2011, he ran Russia Today’s Arabic edition, which is today one of the most influential news outlets in the entire Arab world. He was one of Vladimir Putin’s close advisors on the Middle East in the Russian Foreign Ministry’s Policy Planning Department. As of last month, he is the Russian ambassador to Libya. Putin’s man in Tripoli is there for good reason. At a time when Russia needs all hands on deck as it wages its war in Ukraine, the decision to dispatch one of Russia’s best and brightest regional experts to Libya—a country that the West evidently considers to be a backwater—is telling. While Western diplomats continue to chatter kalam fadi , or empty talk, about “elections” or a “ constitutional settlement ” or other vague promises, Russia has an opportunity. Aganin’s appointment is a sign that Russia plans to take it, and the West had better watch out. As the world watches the war in Ukraine, Russia is probing the rest of the world for weak spots. While it is true that Russia is […]

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While artificial intelligence tools like ChatGPT have some people worried about the implications it could have on education, Weber State associate professor Alex Lawrence is helping prepare students for a world with AI by embracing it in his classroom. (Weber State University) Estimated read time: 4-5 minutes Editor’s note: This is part of an ongoing series looking at the rise of artificial intelligence technology tools such as ChatGPT, the opportunities and risks they pose and what impacts they could have on various aspects of our daily lives. OGDEN — Weber State University associate professor Alex Lawrence has taught students about artificial intelligence and business for years, but he’s never seen anything quite like the recent rise of AI systems like OpenAI’s Chat GPT. ChatGPT is part of a new generation of AI systems that can converse, generate readable text on demand and even produce novel images and video based on what it’s learned from a vast database of digital books, online writings and other media, according to the Associated Press. "This is the first time, though, that I think it really has become accessible and available to, you know, students and business owners and business people in general in […]

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Source: Shutterstock Lear Corporation ( NYSE:LEA ), is not the largest company out there, but it saw a decent share price growth in the teens level on the NYSE over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Let’s examine Lear’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. What’s The Opportunity In Lear? The stock seems fairly valued at the moment according to my valuation model. It’s trading around 14% below my intrinsic value, which means if you buy Lear today, you’d be paying a fair price for it. And if you believe the company’s true value is $159.59, then there isn’t much room for the share price grow beyond what it’s currently trading. Although, there may be an opportunity to buy in the future. This is because Lear’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by […]

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