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2024.05.21 08:31 Cryptocointrade Bitget - Share $1M in bonuses

Bitget - Share $1M in bonuses
https://preview.redd.it/l8ecgp8n4q1d1.png?width=1200&format=png&auto=webp&s=584ade5f56702819040c6195e637803a1606c65d
Bitget Source
$30.000 Signup Bonus with Bitget

Rules

Buy crypto via ~credit/debit card~ or make a bank deposit to share a $1M worth of trading bonuses and BTC! Promotion period: May 13, 6:00 PM – June 10, 6:00 PM (UTC+8) Note: Rewards will be distributed based on the user's net deposit volume order. Bank deposit requirements
Net deposit volumeRebateRebate capWinners ≥ $1,500 worth of EUPLN1%$15 in trading bonuses100 ≥ $3,000 worth of EUPLN2%$60 worth of BTC50 ≥ $5,000 worth of EUPLN5%$250 worth of BTC3
Credit/debit card requirements
Net deposit volumeRebateRebate capWinners ≥ $150 worth of EUUSD/GBP/AUD/CAD/JPY/CHF/PLN/TWD/AED/SEK/INMXN1%$1.5 in trading bonuses100 ≥ $300 worth of EUUSD/GBP/AUD/CAD/JPY/CHF/PLN/TWD/AED/SEK/INMXN2%$6 worth of BTC50 ≥ $500 worth of EUUSD/GBP/AUD/CAD/JPY/CHF/PLN/TWD/AED/SEK/INMXN5%$25 worth of BTC3
Getting started> How to buy crypto with a credit/debit card> Making bank deposits and withdrawals on the Bitget website> Making bank deposits and withdrawals on the Bitget app> Bank deposit and withdrawal: Limits, fees, and processing times Terms and conditions:
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  6. Bitget reserves the right of final interpretation of the Terms and Conditions, including but not limited to amending, changing, or canceling the promotion without prior notice. Contact us if you have any questions.
DisclaimerCryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion.Rules
submitted by Cryptocointrade to CryptoTradingContents [link] [comments]


2024.05.19 15:01 Happy-Study-981 [PEMBETULAN] Boikot Menurut Pandangan Islam

[PEMBETULAN] Boikot Menurut Pandangan Islam
@Marchfoward
Baca sampai habis
Aku setuju antara Ayat di bahagian terakhir Artikel Jabatan Mufti Negeri Selangor berkaitan isu Boikot Barangan Israel.
Ini pandangan aku berdasarkannya
1) Jangan duk boikot menonong takda hala tuju. Kalau melibatkan kepentingan ekonomi dan negara. Boikot tu perlu dipertimbangkan supaya tak beri mudarat kepada ekonomi dan kepentingan negara
2) Boikot dengan Ilmu atau Tabayyun. Boikot dengan tepat bukan main tibai suka hati. Kenal betul betul produk yang perlu diboikot. Bukannya label semua barangan sokong Israel lagi lagi barang nampak nama cam omputih atau luar negara sikit terus boikot. Sekarang banyak kot website untuk check jenama yg sokong Zionis
3) Buat Penyelesaian atau Solution jika takda pilihan untuk Boikot(Contoh kat Malaysia ni Industri Kopi. Ramai boikot Starbucks dan mungkin kini Zeus sbb Sokong Israel dan Neutral. Tapi penduduk tempatan bangkit dengan kepakaran industri tempatan. Sebab tu penting untuk semua industri ikut bab benda ni. Bukan boikot takda hala tuju. Harus bersama kita cari penyelesaian supaya boleh boikot penuh. Kena sedar yang kita masih ada barangan atau industri bergantung kepada syarikat berkaitan Zionis atau yang menyokong Zionis)
Kuatkan buatan tempatan dalam semua industri dan sektor supaya boleh berdiri sendiri dan boikot penuh
Baru betul cara Orang Islam Berfikiran Strategik. Berstrategi dan teratur
Kenal diri dan musuh baru boleh menang perang. Bukan sekadar yakin kita di pihak benar. Bermain dengan kekuatan kita
Nanti kat bawah aku bagi link baca sampai habis. Sekali dengan Rajutan dari Ustaz Muzuck sekali bab Hukum Fiqah
Rujukan Jabatan Mufti Negeri Selangor: https://www.muftiselangor.gov.my/2024/01/11/40-taudhih-al-hukmi-boikot-menurut-perspektif-islam/
submitted by Happy-Study-981 to NegarakuMalaysia [link] [comments]


2024.05.17 16:18 NoVariation3224 Moederdag🤨

Moederdag🤨 submitted by NoVariation3224 to justopenyoureyes [link] [comments]


2024.05.16 22:51 tabbytheo Review: DI w/ Nip Grafts by Dr Tuve at Reformkliniken in Malmö

I had DI w/ free Nip Grafts at Reformkliniken in Malmö on 18th April! Dr Tuve was my surgeon. I wanted to leave a review here since a few things happened that I wasn't prepared for and maybe this'll help anyone else!
I am from the UK and decided to have surgery privately with Dr Tuve as it was much cheaper than the UK. The cost of the surgery was 65000 SEK which is about £4800.
I flew from Manchester to Copenhagen, and then took a train to Malmö. It wasn't that expensive and very easy to figure out directions in person.
I went for 2 weeks and 4 days so I could go to in person appointments before and after the surgery. I'm also autistic and felt I needed the extra time to ground myself in a new country. I stayed at the Scandic St Jörgen hotel which was only a 5 minute walk from the clinic. Hotels are quite pricey and it has it's pros and cons. Pros - close to clinic, hotel cleaners, free wifi, close to food shops and restaurants, easy to get to train/transport. Cons - more expensive than airbnb, no fridge so had to have takeout a lot, they did a laundry service but it was VERY expensive.
In the end I do think the hotel was right for me and my needs, but I know many others are not as privileged to be able to stay that long in a hotel.
I had my pre op appointment on the 16th, which I was dreading but it went a lot better than I thought it would. Dr Tuve asked me a lot of questions about my gender, how long I've wanted top surgery, is my family accepting, etc. He then examined my chest and asked what kind of results I'd like. He let me get changed before he stepped in which I was grateful for. They asked if I had picked up my prescription (meds needed before surgery), however I hadn't had any notification about this prescription at all. They were very quick to give me a new one, which I collected the next day.
The 18th was surgery day, and I was told to arrive at the clinic at 7am. My partner walked me there, and we said goodbye outside the clinic doors. I had to fill in some paperwork, have an anti bacterial shower, and pee before surgery. I was really nervous for the anesthetic and going under, plus the IV, but it was a lot better than I thought it'd be! The nurse who did my IV was very kind and did it quickly, and it wasn't painful at all. I was called into surgery at around 8:20am. I had to lay on the surgical table, which was honestly the scariest part. The anesthetic took a few minutes and then it all kinda hit and once. It felt like a very deep long nap. I was out of surgery and awake by 12:20pm.
I was very sleepy for a few hours and apparently I sent a lot of videos of me to my partner but I don't remember taking them! They are funny to watch back! I was feeling quite nauseous so out of the food options I had some granola and apple juice. I was offered a sandwich too but that was too much for me. I kept falling in and out of sleep for a bit. The nurse was encouraging me to try go to the toilet, but I was really nauseous. I did end up being sick a lot, it was whenever I sat up. We ended up wheeling me in a wheelchair to the toilet to try pee (which was a success!). I was given some anti nausea meds. Before I left the clinic, the nurse took off my post op binder, nips dressings, and large dressing, and I felt a lot better. I got to see my chest for the first time (my nips were still covered by gauze). It looked really good for the first day! The nurse showed me how to wrap the binder myself and what to do with the nip dressings. He then wrapped me back up, but I immediately threw up which he realised was from the pressure of the large dressing. He decided to take off the large dressing so I was just wrapped with the nip dressings and binder. He only allowed this because I wasn't that swollen!
I left the clinic at 7pm, and my partner picked me up. I was able to walk easily, just sore on top, and I was on a lot of painkillers so it wasn't that bad.
The instructions from my dr was to have a shower daily, antibiotics twice a day, pain meds twice a day, more pain meds can be taken if needed (I did for the first few days). My partner helped me shower the first 3 days as I couldn't really reach anything, but after that I was slowly more independent. We had a shower head we could take off the wall which was very handy and made it a lot easier. I had to sleep on my back, which is quite painful since I had a curved spine, but I found ways to cope with it (pillow under lumbar region, pillow under feet for elevation). I brought a travel pillow and a mastectomy pillow with me. I honestly didn't use the mastectomy pillow for what it was made for, as it hurt to put my arms in the side holes. I used it more to stop myself rolling to the side. The travel pillow is a must. It helped stop a lot of neck pain, and I could fall asleep a lot easier laying on my back with my head surrounded by the travel pillow.
Unfortunately I got really ill on my 4th day post op. I track my periods, and knew one was coming up, so I was already expecting pain the week before (normal for me). This pain was a 10/10, I couldn't move and threw up a lot. We called the clinic and apparently it is normal for surgery to affect periods and cycles. I wasn't expecting anything quite this intense, so I thought I'd leave this in here in case anyone else experiences it! No-one else that I knew that was having top surgery experienced this, but I know I have a lot more intense symptoms of periods normally so this may have contributed to it. Luckily this only lasted 1 day.
The rest of the week was a lot better, and I managed to eat a lot more and do a few more things. I went on daily walks as advised by Dr Tuve, but nothing too far.
On my 9th day post op I had a random allergic reaction. My body really went through it! My face was swollen and red, and I had hives all over my body. We had no idea where it had come from since I was just doing the same stuff as normal, however I am almost certain it is linked to my autism/stress levels (I have had random intense illness related stuff flare up from overstimulation and stress a few times). I was given some antihistamines and they worked slowly over a few days.
On my 12th day I had my post op appointment where a nurse removed the gauze from my nips and any visible stitching from them. I was super nervous going to this appointment as my nips smelt really bad and I was worried they were infected. Luckily all was good ! Apparently I had a small hematoma, but it didn't have fluid so no need to drain. I was instructed to wash my nips 2-3 times a day, have my daily shower as per usual, and change the tape on my insicions once a week. I also had a small bandage gauze I taped to my nips which I had to do til they were dry. My nips were dry by 2 days after this appointment, but I used the small bandages for about a week as I was nervous of the binder causing irritation on my nips. I also had to keep wearing the binder, which I have to do til 4-6 weeks after surgery (depending on how swollen I am).
I flew back home on 2nd May, and it was all good health wise.
Since then, recovery has been good! I'm very happy with my chest. My insicions look super thin and the nips look great too.
Overall, my experience with Dr Tuve and his team was great! Here are my main pros and cons:
Pros - Cheaper and high quality results! - Very lovely nurses and Dr. I felt I was in good hands. - They are happy to answer any questions, post op and pre op. - The clinic is very nice. Felt like I was in a hotel! - You do not need to be on T or have a gender dysphoria diagnosis. These things can help the process, but are absolutely not necessary.
Cons - Most documents were in Swedish and I had to translate them using Google Translate. You can call up the clinic to ask questions, but I am not good with phone calls! - The documents/help sheets aren't super clear on post op care, it is mostly for pre op information - Sometimes a lack of communication, such as with the lost prescription.
I hope this helps anyone!
submitted by tabbytheo to TopSurgery [link] [comments]


2024.05.16 20:51 gvm6 $900 budget, please save me from my 9 year old prebuild

Is this a brand new build, or an upgrade to an existing build?
  1. new
Please list any existing parts or monitor(s) you have that you would like to re-use with this build. For upgrades, a [PCPartPicker](https://pcpartpicker.com/) list of your full build is extremely helpful. Be as specific as you can be here, including links or exact model numbers of each component whenever possible.
  1. no re-use parts except for my monitors; Acer XB240H and Samsung Odyssey G3
What will this PC be used for? Examples include things like gaming, general/multimedia use, photo/video editing, coding, AI/ML, etc. Include specific games and applications you intend to run, and any particular performance goals you have, as each may have different specific hardware needs.
  1. mainly videogames and editing. CS2, Vegas Pro and After Effects.
What country will you be purchasing in? If you are in the US, do you live near a [Micro Center?](https://www.microcenter.com/) For other countries, please check if your country is supported by [PCPartPicker](https://pcpartpicker.com/) by using the country selector dropdown on the top right - if not, please provide some links to reliable local vendors you are comfortable ordering from.
  1. Sweden, it is supported by [PCPartPicker](https://pcpartpicker.com/)
Do you need one or more monitors included in the budget? Please list how many and any size/resolution/refresh rate preferences if needed.
  1. no.
What is your preferred and maximum budget range for this build, in local currency? Parts lists may sometimes have additional shipping costs. Please note whether prices in your country include sales tax or not, and adjust your budget accordingly. Typically VAT countries will have it included in the part list prices, whereas regular sales tax countries like the US and Canada will not.
  1. 10,000 SEK or about $930 USD. Sweden has VAT.
Do you need WiFi, or do you have a wired ethernet connection available?
  1. I have ethernet
Do you have any specific size or noise requirements for the build?
  1. mid tower
Do you have any aesthetic preferences for color or lighting? Describe what you're looking for, or feel free to provide some links to examples that may help. Some people prefer an inobtrusive stealth build, while others may prefer a case full of rainbow RGB.
  1. black case
Any other specific requests or requirements? Examples might include a specific minimum amount of storage, or a particular CPU socket for a future upgrade path, etc.
  1. 3 storage drives. I would also like it to be as power efficient as possible.
submitted by gvm6 to buildapcforme [link] [comments]


2024.05.13 18:18 ACCUUUUUUU Extra Show Added: Frankfurt

Extra Show Added: Frankfurt
2 Nights now. Good Luck to those who didn’t get tickets the first time!
submitted by ACCUUUUUUU to travisscott [link] [comments]


2024.05.12 06:33 RizeCookie Arctis Nova Pro Wireless or Arctis Pro Wireless?

My 2 year old Arctis 7+ is starting to get a bad microphone, so I'm thinking of an upgrade.
Currently, there are deals on both headsets locally, 2090 SEK (~210 €) for Pro Wireless and 3299 SEK (~330 €) for the Nova Pro Wireless. What are the main differences between the headsets regarding e.g. sound quality, and is the Nova worth the extra money?
Edit: I'm on PC.
submitted by RizeCookie to steelseries [link] [comments]


2024.05.10 20:50 captnamurica2 HAYPP Group: Capitalizing on the Nicotine Pouch Craze

HAYPP Group: Capitalizing on the Nicotine Pouch Craze
I run a small hedge fund based out of Raleigh, NC. Myself and my Fund are long $HAYPP. Please see the disclaimer at the bottom of the post. For more blog posts like this check out my Fund's blog at https://www.rogue-funds.com/blog
All Financial Figures are in USD unless otherwise specified.
I think HAYPP Group, the biggest online retailer of nicotine pouches, can capture a huge chunk of the sales in what I believe will be the biggest form of nicotine intake growth over the next 10-15 years.
The future of nicotine consumption will be nicotine pouches and it is growing at an unprecedented rate. Here in the States the go to item for nicotine pouches are Zyn’s (owned by Philip Morris), in Europe it’s Velo (owned by British American Tobacco), but there are various other brands that all catching fire: ON! (Altria), Rogue, Juice Head, FRE, Lucy, and Sesh, among various others.
What is HAYPP?
Brief History
HAYPP is an online retailer and distributor of nicotine pouches and snus. The company was started by a couple of Swedish teenagers in 2009 and through mergers and acquisitions they no longer are in charge of the company as the current CEO joined in 2017/2018. The company bought Nicokick.com and northerner.com (northerner owns 9% of stock) which are now both of their main American brands. They switched from Snus to Nicotine Pouches 6 years ago and haven’t looked back.
Domains Owned By HAYPP Group
HAYPP currently owns a roughly 85% online market share for their Nordic part of the business, which they refer to as their “core” business as well as a ~55% market share of the oral nicotine market (85% market share of the nicotine pouch e-commerce market) for their growth market which is considered the US, UK, Germany, and Swiss countries.
Market Share of HAYPP
HAYPP vs Closest Competitor in each Market
SEO Powerhouse
So how do they have such a grasp on what would obviously be a hyper competitive online industry? The main reason for their hyper success in the online market is that they have a death grip on the SEO landscape. Their mastery of SEO allows them to spend almost nothing on marketing and to keep pushing out their distribution system (which continues to drive costs down for them and consumers). This creates a positive feedback loop as they become even cheaper than their competitors, allowing them to lock in customers (over 90% of the customers becoming recurring customers).
How Consumers find HAYPP
HAYPP Marketing Expenses as a % of Sales
If you google just about anything related to Nicotine pouches, there is probably a 95%+ chance that the top unpaid search result will be a HAYPP Group Domain. Even niche searches such as “what is an upper decky” (Gen. Z slang for nicotine pouches) or basic searches such as “what are the top nicotine pouches” you will see that HAYPP Group owns the top of the search.
https://preview.redd.it/e7ocu0jdanzc1.png?width=975&format=png&auto=webp&s=f8e80b8d743de3dc9133504bd6ff85dbbaee48bb
Google Searches Highlighting the SEO power of HAYPP
This is huge when sites like Google severely limit the amount of advertising that addictive products can utilize on their search engine. HAYPP ends up barely spending anything on marketing due to 40% of new customers coming through word of mouth and the rest from SEO.
Data
Their other field of expertise is data collection and selling. Due to the large variety of pouches and being the number one online seller of nicotine pouches, they have created a major database which they sell to various nicotine pouch producers such as Philip Morris and Altria. Producers buy these on an annualized basis, and you can see the usage of their data among the investor relation reports/presentations/websites of various producers. As you can see from my beautiful pictures on this post, they compile plenty of data to help me understand the business better.

Lowest Cost Seller and Best E-Commerce Distribution
Due to their distribution network, HAYPP has become one of the cheapest (if not the cheapest) sellers of nicotine pouches in the world. You can buy Zyn’s cheaper from HAYPP websites than you can from the ZYN website. Haypp’s prices are 20-40% cheaper than grocery stores and 30-50% cheaper than convenience stores.
They have been integrating their distribution network so that most variable costs are being converted to vertical fixed costs creating operating leverage for them as they rapidly scale their revenue and are able to increase margins. They have implemented 2-day delivery across the US and close to implementing across Europe markets as well.
https://preview.redd.it/0sajvfgkanzc1.png?width=975&format=png&auto=webp&s=3aad16b9df1be7bf6bbcc8f16ebf8c469c15b3a0
HAYPP Distribution
Leveraging Market Share for High Quality New Products
The last part of their business model is their ability to leverage their large consumer base to help new products capture market share, which allows them to capture higher margins on their products and it increases the variety of products which consumers would like to buy. In Nordic countries the variety of products is a benefit to them as consumers want to try various brands and flavors. When this competition trend hits the US it will only benefit them even more.

Why Haypp vs Pouch Companies
Currently in the US there are only a couple main brands with Zyn owning a huge chunk of the market. In Europe, Velo is the most popular brand but there are many Nordic brands that consistently attack margins and currently there is little competition in the US market which most likely won’t last much longer. As consumers search out the cheapest product and try to hunt for variety, HAYPP will be that future as convenience stores lag in variety and cost.
Products such as Zyn will definitely continue to grow (currently Zyn is growing at 70% y/y) but we could see margins shrink as competition becomes fiercer and consumers branch out away from the first movers, although Zyn continues to take up 70% of the US market. This only further benefits HAYPP as they are the go-to spot for a large amount of variety. Although they don’t benefit as much from less competition, they are still beneficiaries of an oligopoly esque market due to their cost and distribution networks.
Most large publicly traded pouch companies are also cigarette and chewing tobacco sellers who are rapidly seeing those segments get cannibalized by vaping and nicotine pouches combined with regulatory crackdown risk. Since HAYPP has no exposure to either one, you will not experience any cannibalization outside of snus cannibalization in the Nordics. This is the best pure play bet on nicotine pouch consumption.
Certain countries have limited the ability for consumers to have access to nicotine via retail stores which will allow them to take huge shares of the overall market in places like Germany or in California where they have banned flavored nicotine products in retail stores has led to windfall of customers to HAYPP’s e-commerce model.

Management
The current CEO of HAYPP group, Gavin O’Dowd, used to work for British American Tobacco (BAT) and was the driving force for the VELO acquisition. He currently owns 3.6% of the stock and various other PE firms and Family Offices own large chunks of HAYPP. Most executives have warrants that could give them the right to 200k-400k shares each (29m shares outstanding with no serious history of dilution).

Regulations
As many of you are aware, regulations are a huge part of the nicotine industry. Taxes are going to be huge risks, which are then combined with flavor bans. I think nicotine pouches are one of the products that are least likely to get hit with serious bans since their health risk is much lower than almost any other nicotine product.
The nicotine pouch industry as a whole has been behaving spectacularly well when it comes to ensuring they are not purposefully marketing to young people. They are trying to avoid having a Juul 2.0 fiasco which basically murdered that business and completely fragmented the vaping industry which is on the brink of regulatory crack down.
HAYPP does their part by ensuring age regulation across their whole site. They have age verification to order and deliver. They have a huge emphasis on ensuring that they abide by the law.

Financials
Core Segment (Nordic Countries)
The company is growing heavily in every segment that it operates in. Its core segment seems to be slowing down in growth due to heavy cannibalization from snus sales. This should only be temporary as nicotine pouch volume grows at 30%+ y/y. Once snus nears its cannibalization endpoint, I would expect revenue to begin growing again in its core market (although not at 30%). Current revenue is $250m USD and EBITDA is about $18m USD for just the core segment for the last twelve months. Management expects high single digit EBITDA margins for 2025.
Core Segment Sales and EBITDA Margin
Growth Segment (US, UK, Germany, Switzerland)
The growth segment is skyrocketing. Growth is over 46% y/y and this growth has been consistent and should continue to be consistent. EBITDA margin for the growth markets has begun to inflect positively which will cause a massive amount of leverage in their EBITDA to occur as their fixed cost model begins to do its job. As economies of scale drive forward, we should see this margin increase substantially over the coming years. Currently Revenue is at $77m USD for growth markets and EBITDA is at -$3.5m USD.
Growth Segment Sales and EBITDA Margin
Let’s Talk about the Growth Segment a bit more.
This is where the real value from HAYPP will come into play. While it currently begins to inflect positive in terms of profitability, it should be noted that the Growth markets have a massive TAM compared to their core market and could cause the company to 5x in the next few years if they maintain or gain market share and continue to grow in these massive TAMs.
Total TAM growth
As they grow, their competitive advantage deepens due to sticky customers and cheaper products from economies of scale. The US has an even faster scale of 49%+ growth y/y and HAYPP is outpacing the US nicotine pouch growth at 57% y/y. As the US begins to approve various products and variety begins to flood the US market, a ton of US users want to try various Nordic brands that don’t have access which lends a very strong lean towards an online website such as HAYPP. The US is a very ripe environment along with the UK and Germany (where nicotine can only be sold online) for HAYPP to continue to outperform massively.
Emerging Segment
Their “emerging” segment is where they have begun to introduce vapes into their value chain. HAYPP is beginning to sell vapes to UK and Germany, but it is at the very beginning stages and has no current significant impact on their bottom or top line. The company says the growth they are experiencing in this segment has been very similar to the growth that they experienced when they introduced Nicotine Pouches in growth markets. This is the most likely segment to get hit with regulatory concerns, so for now I won’t even consider this in a to be a profitable unit and will just assume it will be a small drain on EBITDA for the foreseeable future.
Balance Sheet
The balance sheet is great with no large debt burden and good working capital management. As they hit profitability this yeaearly next year I would expect a cash build up until the company decides if they will be returning cash to shareholders or reinvesting in the business.

Valuation
HAYPP is extremely undervalued based on where they are from a profitability standpoint and their current inflection point. Due to their high growth, it will be hard to pinpoint an exact value on them so this will merely be an exercise in estimating their value among a range more than usual (anyone who claims they can perfectly value a high growth company is probably overvaluing due to unsound conviction).
First let’s look at how they are currently valued, which is roughly 14x their core EBITDA. Now let’s take a second and think about how insane that statement was. Their core market is the Nordic countries which will be hitting growth again as their snus cannibalization slows, the Nordic countries basically have no further regulation risk for nicotine pouches, and it is a noncyclical industry. I would argue that 14x their core EBITDA is probably an appropriate valuation based on only their core segment.
What this means is (if you haven’t noticed already) that you are getting their “growth” segment for free based on the valuation of the stock. The growth segment alone is probably worth multiples of the current stock price due to the massive TAM and extreme growth prospects. If we assume the emerging segment is worthless (which it isn’t and it will be profitable at some point) then that means all of the upside in the stock can be based on what the value of the growth segment. Based on TAM, growth, and lack of cyclicality then this leaves the only risk as regulation.
There will most likely be some sort of regulation, but we are very far from that as the Tobacco industry has been very careful in how they implement their new nicotine pouch momentum in a more appropriate way compared to vapes. The most likely regulations will probably be flavor bans of some sort or retail bans (which further benefits HAYPP). Regulations will most likely be limited in scope due to just the sheer lack of mortality risk associated with pouches vs any other form of common nicotine intake.
Based on their probable conservative revenue growth (40% average for the next 3 years, and 15% after that), EBITDA growth, the fact that they will have both core and growth markets at high single digit EBITDA margins in 2025, and their lack of cyclicality, then I would estimate that their Growth markets are worth a very conservative $400m-$500m USD. I am likely undershooting the valuation because they are driving profitability very fast and their revenue is growing closer to 40%-60% in growth markets right now. If they are able to keep up current growth figures and expand to double digit margins before the end of the decade then they could be worth 2x-3x this value (which is why valuing growth companies are so hard, because I can’t foresee the future). Again, I valued the emerging segment as worthless which is unlikely as well.
So, based on the value of $450m USD for the growth markets and the current value of $240 USD for the Nordic markets, that would create a sum of the parts equal to roughly $700m or nearly triple the current share price. This valuation leaves a ton of room for margin expansion and higher growth prospects because let’s face it, the US alone is probably worth at least 3x-5x more than the Nordic countries not including the UK, Germany, or Swiss. This is a very conservative valuation for the company, but it shows how great the risk/reward is based on the current price. Using a conservative valuation here also helps accommodate for regulation risk.
In SEK terms this would be 250 SEK/share or 7.35B SEK.
Conclusion
Even accommodating for regulation risk, a valuation of $700m seems appropriate as a starting point for the valuation for HAYPP Group. I think there is a very high likelihood that I could be off on this by a large margin, but I feel like the downside is very protected with this valuation. Management has been great in execution and I expect that to continue. In a more bullish case where every segment of the company fires on all cylinders we could see a valuation of $1.5B+, but that is not a scenario that I would like to bet my investors’ money on. For now, I will stay invested and keep watching them execute and adjust my valuation accordingly.
Disclaimer: The author of this idea and his Fund have a position in securities discussed at the time of posting and may trade in and out of this position without informing the reader.
Opinions expressed herein by the author are not an investment recommendation and are not meant to be relied upon in investment decisions. The author is not acting in an investment adviser capacity. This is not an investment research report. The author's opinions expressed herein address only select aspects of potential investment in securities of the companies mentioned and cannot be a substitute for comprehensive investment analysis. Any analysis presented herein is illustrative in nature, limited in scope, based on an incomplete set of information, and has limitations to its accuracy. The author recommends that potential and existing investors conduct thorough investment research of their own, including detailed review of the companies' SEC and CSA filings, and consult a qualified investment adviser. The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified. Therefore, the author cannot guarantee its accuracy. Any opinions or estimates constitute the author's best judgment as of the date of publication and are subject to change without notice. The author and funds the author advises may buy or sell shares without any further notice. This article may contain certain opinions and “forward-looking statements,” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential,” “outlook,” “forecast,” “plan” and other similar terms. All such opinions and forward-looking statements are conditional and are subject to various factors, including, without limitation, general and local economic conditions, changing levels of competition within certain industries and markets, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors, any or all of which could cause actual results to differ materially from projected results.
submitted by captnamurica2 to BurryEdge [link] [comments]


2024.05.10 20:45 captnamurica2 HAYPP Group: Capitalizing on the Nicotine Pouch Craze

I run a small hedge fund based out of Raleigh, NC. Myself and my Fund are long $HAYPP. Please see the disclaimer at the bottom of the post. For more blog posts like this check out my Fund's blog at https://www.rogue-funds.com/blog
Also if you would like to see this blog post with pretty pictures you can also check out: https://www.rogue-funds.com/blog/haypp-group
All Financial Figures are in USD unless otherwise specified.
I think HAYPP Group, the biggest online retailer of nicotine pouches, can capture a huge chunk of the sales in what I believe will be the biggest form of nicotine intake growth over the next 10-15 years.
The future of nicotine consumption will be nicotine pouches and it is growing at an unprecedented rate. Here in the States the go to item for nicotine pouches are Zyn’s (owned by Philip Morris), in Europe it’s Velo (owned by British American Tobacco), but there are various other brands that all catching fire: ON! (Altria), Rogue, Juice Head, FRE, Lucy, and Sesh, among various others.
What is HAYPP?
Brief History
HAYPP is an online retailer and distributor of nicotine pouches and snus. The company was started by a couple of Swedish teenagers in 2009 and through mergers and acquisitions they no longer are in charge of the company as the current CEO joined in 2017/2018. The company bought Nicokick.com and northerner.com (northerner owns 9% of stock) which are now both of their main American brands. They switched from Snus to Nicotine Pouches 6 years ago and haven’t looked back.
HAYPP currently owns a roughly 85% online market share for their Nordic part of the business, which they refer to as their “core” business as well as a ~55% market share of the oral nicotine market (85% market share of the legal nicotine pouch e-commerce market) for their growth market which is considered the US, UK, Germany, and Swiss countries.
SEO Powerhouse
So how do they have such a grasp on what would obviously be a hyper competitive online industry? The main reason for their hyper success in the online market is that they have a death grip on the SEO landscape. Their mastery of SEO allows them to spend almost nothing on marketing and to keep pushing out their distribution system (which continues to drive costs down for them and consumers). This creates a positive feedback loop as they become even cheaper than their competitors, allowing them to lock in customers (over 90% of the customers becoming recurring customers).
If you google just about anything related to Nicotine pouches, there is probably a 95%+ chance that the top unpaid search result will be a HAYPP Group Domain. Even niche searches such as “what is an upper decky” (Gen. Z slang for nicotine pouches) or basic searches such as “what are the top nicotine pouches” you will see that HAYPP Group owns the top of the search.
This is huge when sites like Google severely limit the amount of advertising that addictive products can utilize on their search engine. HAYPP ends up barely spending anything on marketing due to 40% of new customers coming through word of mouth and the rest from SEO.
Data
Their other field of expertise is data collection and selling. Due to the large variety of pouches and being the number one online seller of nicotine pouches, they have created a major database which they sell to various nicotine pouch producers such as Philip Morris and Altria. Producers buy these on an annualized basis, and you can see the usage of their data among the investor relation reports/presentations/websites of various producers. As you can see from my beautiful pictures on this post, they compile plenty of data to help me understand the business better.
Lowest Cost Seller and Best E-Commerce Distribution
Due to their distribution network, HAYPP has become one of the cheapest (if not the cheapest) sellers of nicotine pouches in the world. You can buy Zyn’s cheaper from HAYPP websites than you can from the ZYN website. Haypp’s prices are 20-40% cheaper than grocery stores and 30-50% cheaper than convenience stores.
They have been integrating their distribution network so that most variable costs are being converted to vertical fixed costs creating operating leverage for them as they rapidly scale their revenue and are able to increase margins. They have implemented 2-day delivery across the US and close to implementing across Europe markets as well.
Leveraging Market Share for High Quality New Products
The last part of their business model is their ability to leverage their large consumer base to help new products capture market share, which allows them to capture higher margins on their products and it increases the variety of products which consumers would like to buy. In Nordic countries the variety of products is a benefit to them as consumers want to try various brands and flavors. When this competition trend hits the US it will only benefit them even more.
Why Haypp vs Pouch Companies
Currently in the US there are only a couple main brands with Zyn owning a huge chunk of the market. In Europe, Velo is the most popular brand but there are many Nordic brands that consistently attack margins and currently there is little competition in the US market which most likely won’t last much longer. As consumers search out the cheapest product and try to hunt for variety, HAYPP will be that future as convenience stores lag in variety and cost.
Products such as Zyn will definitely continue to grow (currently Zyn is growing at 70% y/y) but we could see margins shrink as competition becomes fiercer and consumers branch out away from the first movers, although Zyn continues to take up 70% of the US market. This only further benefits HAYPP as they are the go-to spot for a large amount of variety. Although they don’t benefit as much from less competition, they are still beneficiaries of an oligopoly esque market due to their cost and distribution networks.
Most large publicly traded pouch companies are also cigarette and chewing tobacco sellers who are rapidly seeing those segments get cannibalized by vaping and nicotine pouches combined with regulatory crackdown risk. Since HAYPP has no exposure to either one, you will not experience any cannibalization outside of snus cannibalization in the Nordics. This is the best pure play bet on nicotine pouch consumption.
Certain countries have limited the ability for consumers to have access to nicotine via retail stores which will allow them to take huge shares of the overall market in places like Germany or in California where they have banned flavored nicotine products in retail stores has led to windfall of customers to HAYPP’s e-commerce model.
Management
The current CEO of HAYPP group, Gavin O’Dowd, used to work for British American Tobacco (BAT) and was the driving force for the VELO acquisition. He currently owns 3.6% of the stock and various other PE firms and Family Offices own large chunks of HAYPP. Most executives have warrants that could give them the right to 200k-400k shares each (29m shares outstanding with no serious history of dilution).
Regulations
As many of you are aware, regulations are a huge part of the nicotine industry. Taxes are going to be huge risks, which are then combined with flavor bans. I think nicotine pouches are one of the products that are least likely to get hit with serious bans since their health risk is much lower than almost any other nicotine product.
The nicotine pouch industry as a whole has been behaving spectacularly well when it comes to ensuring they are not purposefully marketing to young people. They are trying to avoid having a Juul 2.0 fiasco which basically murdered that business and completely fragmented the vaping industry which is on the brink of regulatory crack down.
HAYPP does their part by ensuring age regulation across their whole site. They have age verification to order and deliver. They have a huge emphasis on ensuring that they abide by the law.
Financials
Core Segment (Nordic Countries)
The company is growing heavily in every segment that it operates in. Its core segment seems to be slowing down in growth due to heavy cannibalization from snus sales. This should only be temporary as nicotine pouch volume grows at 30%+ y/y. Once snus nears its cannibalization endpoint, I would expect revenue to begin growing again in its core market (although not at 30%). Current revenue is $250m USD and EBITDA is about $18m USD for just the core segment for the last twelve months. Management expects high single digit EBITDA margins for 2025.
Growth Segment (US, UK, Germany, Switzerland)
The growth segment is skyrocketing. Growth is over 46% y/y and this growth has been consistent and should continue to be consistent. EBITDA margin for the growth markets has begun to inflect positively which will cause a massive amount of leverage in their EBITDA to occur as their fixed cost model begins to do its job. As economies of scale drive forward, we should see this margin increase substantially over the coming years. Currently Revenue is at $77m USD for growth markets and EBITDA is at -$3.5m USD.
Let’s Talk about the Growth Segment a bit more.
This is where the real value from HAYPP will come into play. While it currently begins to inflect positive in terms of profitability, it should be noted that the Growth markets have a massive TAM compared to their core market and could cause the company to 5x in the next few years if they maintain or gain market share and continue to grow in these massive TAMs.
As they grow, their competitive advantage deepens due to sticky customers and cheaper products from economies of scale. The US has an even faster scale of 49%+ growth y/y and HAYPP is outpacing the US nicotine pouch growth at 57% y/y. As the US begins to approve various products and variety begins to flood the US market, a ton of US users want to try various Nordic brands that don’t have access which lends a very strong lean towards an online website such as HAYPP. The US is a very ripe environment along with the UK and Germany (where nicotine can only be sold online) for HAYPP to continue to outperform massively.
Emerging Segment
Their “emerging” segment is where they have begun to introduce vapes into their value chain. HAYPP is beginning to sell vapes to UK and Germany, but it is at the very beginning stages and has no current significant impact on their bottom or top line. The company says the growth they are experiencing in this segment has been very similar to the growth that they experienced when they introduced Nicotine Pouches in growth markets. This is the most likely segment to get hit with regulatory concerns, so for now I won’t even consider this in a to be a profitable unit and will just assume it will be a small drain on EBITDA for the foreseeable future.
Balance Sheet
The balance sheet is great with no large debt burden and good working capital management. As they hit profitability this yeaearly next year I would expect a cash build up until the company decides if they will be returning cash to shareholders or reinvesting in the business.
Valuation
HAYPP is extremely undervalued based on where they are from a profitability standpoint and their current inflection point. Due to their high growth, it will be hard to pinpoint an exact value on them so this will merely be an exercise in estimating their value among a range more than usual (anyone who claims they can perfectly value a high growth company is probably overvaluing due to unsound conviction).
First let’s look at how they are currently valued, which is roughly 14x their core EBITDA. Now let’s take a second and think about how insane that statement was. Their core market is the Nordic countries which will be hitting growth again as their snus cannibalization slows, the Nordic countries basically have no further regulation risk for nicotine pouches, and it is a noncyclical industry. I would argue that 14x their core EBITDA is probably an appropriate valuation based on only their core segment.
What this means is (if you haven’t noticed already) that you are getting their “growth” segment for free based on the valuation of the stock. The growth segment alone is probably worth multiples of the current stock price due to the massive TAM and extreme growth prospects. If we assume the emerging segment is worthless (which it isn’t and it will be profitable at some point) then that means all of the upside in the stock can be based on what the value of the growth segment. Based on TAM, growth, and lack of cyclicality then this leaves the only risk as regulation.
There will most likely be some sort of regulation, but we are very far from that as the Tobacco industry has been very careful in how they implement their new nicotine pouch momentum in a more appropriate way compared to vapes. The most likely regulations will probably be flavor bans of some sort or retail bans (which further benefits HAYPP). Regulations will most likely be limited in scope due to just the sheer lack of mortality risk associated with pouches vs any other form of common nicotine intake.
Based on their probable conservative revenue growth (40% average for the next 3 years, and 15% after that), EBITDA growth, the fact that they will have both core and growth markets at high single digit EBITDA margins in 2025, and their lack of cyclicality, then I would estimate that their Growth markets are worth a very conservative $400m-$500m USD. I am likely undershooting the valuation because they are driving profitability very fast and their revenue is growing closer to 40%-60% in growth markets right now. If they are able to keep up current growth figures and expand to double digit margins before the end of the decade then they could be worth 2x-3x this value (which is why valuing growth companies are so hard, because I can’t foresee the future). Again, I valued the emerging segment as worthless which is unlikely as well.
So, based on the value of $450m USD for the growth markets and the current value of $240 USD for the Nordic markets, that would create a sum of the parts equal to roughly $700m or nearly triple the current share price. This valuation leaves a ton of room for margin expansion and higher growth prospects because let’s face it, the US alone is probably worth at least 3x-5x more than the Nordic countries not including the UK, Germany, or Swiss. This is a very conservative valuation for the company, but it shows how great the risk/reward is based on the current price. Using a conservative valuation here also helps accommodate for regulation risk.
In SEK terms this would be 250 SEK/share or 7.35B SEK.
Conclusion
Even accommodating for regulation risk, a valuation of $700m seems appropriate as a starting point for the valuation for HAYPP Group. I think there is a very high likelihood that I could be off on this by a large margin, but I feel like the downside is very protected with this valuation. Management has been great in execution and I expect that to continue. In a more bullish case where every segment of the company fires on all cylinders we could see a valuation of $1.5B+, but that is not a scenario that I would like to bet my investors’ money on. For now, I will stay invested and keep watching them execute and adjust my valuation accordingly.
Disclaimer: The author of this idea and his Fund have a position in securities discussed at the time of posting and may trade in and out of this position without informing the reader.
Opinions expressed herein by the author are not an investment recommendation and are not meant to be relied upon in investment decisions. The author is not acting in an investment adviser capacity. This is not an investment research report. The author's opinions expressed herein address only select aspects of potential investment in securities of the companies mentioned and cannot be a substitute for comprehensive investment analysis. Any analysis presented herein is illustrative in nature, limited in scope, based on an incomplete set of information, and has limitations to its accuracy. The author recommends that potential and existing investors conduct thorough investment research of their own, including detailed review of the companies' SEC and CSA filings, and consult a qualified investment adviser. The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified. Therefore, the author cannot guarantee its accuracy. Any opinions or estimates constitute the author's best judgment as of the date of publication and are subject to change without notice. The author and funds the author advises may buy or sell shares without any further notice. This article may contain certain opinions and “forward-looking statements,” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential,” “outlook,” “forecast,” “plan” and other similar terms. All such opinions and forward-looking statements are conditional and are subject to various factors, including, without limitation, general and local economic conditions, changing levels of competition within certain industries and markets, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors, any or all of which could cause actual results to differ materially from projected results.
submitted by captnamurica2 to ValueInvesting [link] [comments]


2024.05.08 23:58 Traditional-Key7388 GeForceNOW in Sweden.. Is sooo good!

So i work in a city far away from where i live, so to be able to game at night after work during my work weeks i googled around and found out about Cloud Gaming. Decided to try out GeForceNOW and i am So happy i did!
I buyed an old Chromebook(first thing i found on Facebook market that day) and a ok Samsung tv and tried it out. GeForceNOW is so good! Everyday i see ppl shitting on the service here on Reddit and i realy dont get it??? During my 6+ months using it i NEVER had any problems with it, Infact the first time i could not play my main game (Apex) was today, am i now suppost to say how shitty this service is and how i will cansel this shit and bla bla bla?
GeForceNOW lets me play almost all games that i would play at home on my 15k(SEK) Pc but now for 200SEK/Month on WIFI(!!) and shitty hardware with fast loading times, easy to use menu, No lag, great quality and even louds of games that i can play for free! Sure i feel the differens on MP fps games like Apex, but for what i pay for this service can i expect the same as my at home pc? Not really.
So i guess i just wanted to say i love this service! And cant for the life of me understand all the shit talkers that start crying about every little thing.
submitted by Traditional-Key7388 to GeForceNOW [link] [comments]


2024.05.06 11:31 InternetFreedomIn IFF’s cybersecurity report for the first quarter of 2024 #PlugTheBreach Internet Freedom Foundation

IFF’s cybersecurity report for the first quarter of 2024 #PlugTheBreach Internet Freedom Foundation

https://preview.redd.it/jtyj951bzryc1.jpg?width=1600&format=pjpg&auto=webp&s=298fc10004b3ce8df3707da4c2eea940dee183f6

tl;dr

Recent data breaches and leaks have underscored the widespread impact on the data security of millions of users. Prolonged cybersecurity incidents, like the S3WaaS vulnerability, have raised concerns about the detection and response capabilities of India’s cybersecurity authorities. This series, which will include quarterly reports of IFF’s work on data breaches and vulnerabilities, will list the various cybersecurity incidents that occurred in the country as well as our actions in response to them. We highlight the need for organisations to prioritise proactive measures, transparency, and public awareness to mitigate risks and foster cyber resilience in an interconnected digital world.

The grim state of cybersecurity in India

The urgent need to operationalise the Digital Personal Data Protection Act (“DPDPA”), 2023 is underscored by the increasingly pervasive threats to individuals’ digital privacy and security. As technology advances, so do the methods and scale of cyberattacks, leaving individuals and organisations vulnerable to data breaches, identity theft, and surveillance. A comprehensive, robust, and rights-respecting data protection legislation is essential to establish clear guidelines, regulations, and enforcement mechanisms to safeguard personal information, ensure transparency in data handling practices, and hold entities accountable for any lapses in cybersecurity protocols. The inadequacies of the DPDPA, 2023 in safeguarding data privacy and empowering data principals in the event of a breach as well as the current grim state of cybersecurity in the country reveal concerning gaps and vulnerabilities. Despite efforts to bolster cybersecurity measures, including establishing dedicated agencies and initiatives, challenges such as insufficient resources, outdated infrastructure, and a shortage of skilled professionals persist. The recent exemption of the Indian Computer Emergency Response Team (“CERT-In”) from the Right to Information (“RTI”) Act, 2005 raises serious concerns about the accountability of an organisation whose actions or inaction is consequential for the status of cyber security and individual privacy in the country. This move is certainly not in the public interest as it weakens the rights of the people by diluting an Act meant to empower them.

Data breaches and vulnerabilities in 2024 Q1

Sparsh Portal data leak: A reported data breach compromised the SPARSH portal, which is used to manage the pensions of defence personnel. Sensitive information such as usernames, passwords, and pension numbers of numerous personnel, mainly from Kerala, had been exposed. This breach, linked to the 'lumma' malware, underscores vulnerabilities in the Tata Consultancy Services-developed portal. The data’s appearance on a Russian marketplace also raised concerns about potential misuse. We wrote a letter to CERT-In, the nodal authority assigned to overlook data breaches, bringing this breach to their notice and urging for an enquiry as well as appropriate remedy to the affected users.
Vulnerability in the Hyundai Motor India Database: According to TechCrunch, the personal data of Hyundai Motor India customers was exposed due to a bug in their system. Despite Hyundai's fix, concerns persisted as the company denied providing information regarding any misuse of the bug. The bug leaked customer details, including names, addresses, emails, vehicle specifics, and phone numbers, especially for those using authorised service stations. Web links shared by Hyundai with customers inadvertently also exposed their phone numbers. Read our letter to CERT-In here.
Data leak of an Indian mobile network database: CloudSEK, a cybersecurity firm, confirmed a massive data leak from an Indian mobile network database. According to reports, a 1.8-terabyte database containing the personal details of 750 million individuals was being sold on the dark web by a threat actor known as ‘CyboDevil’. The leaked information included names, mobile numbers, addresses, and Aadhaar details, affecting approximately 85% of the population. The breach reportedly impacted all major telecom companies after analysing sample data provided by the threat actor. Despite inquiries, the threat actor denied involvement, attributing data acquisition to undisclosed sources within law enforcement. As per the report, “An email sent to CERT-In, a government nodal agency for cybersecurity, elicited no response till the time of going to press.” Read our letter to CERT-In here.
Data breach of FreshMenu: A significant data breach reportedly affected FreshMenu, a Bengaluru-based food delivery platform. Reports indicated that a threat actor had accessed and exposed over 3.5 million order details containing personal information such as phone numbers, emails, names, billing and shipping addresses, and IP addresses due to an unprotected 26 GB MongoDB database. Despite notification by the Cybernews research team on December 14, 2023, FreshMenu did not respond to inquiries or comment on the breach. Read our letter to CERT-In here.
Data breach of UP Marriage Assistance Scheme site: According to India Today, unidentified perpetrators executed a cyber fraud exceeding Rs 1 crore by breaching the web portal of Uttar Pradesh’s Marriage Assistance Scheme. The breach compromised the ID of the Additional Labour Commissioner, facilitating fraudulent payments via the Uttar Pradesh Building and Other Construction Workers Welfare Board's portal, which administered the Scheme. The breach affected portals UPLMIS.in and sna.uplmis. This resulted in double payments to ineligible beneficiaries, totalling over Rs 1,07,80,000. Allegedly, the actors submitted over 250 applications within two days, transferring funds from the accounts of 196 individuals. IFF wrote to CERT-In and received a prompt response thanking us for informing them of the breach and assuring us of their involvement in the matter. Read our letter to CERT-In here.
Data breach of documents containing data from EPFO, Indian PMO, and other public and private organisations: The data breach reportedly impacted datasets from the Prime Minister’s Office (“PMO”), the Employees’ Provident Fund Organisation (“EPFO”), and other public and private organisations. ​​According to the Economic Times, the government was investigating reports of a breach allegedly including data from these entities at the time of reporting. Documents purportedly leaked on social media platform X (formerly Twitter) claimed to contain data from EPFO, PMO, and other organisations. Senior officials informed that CERT-In was tasked with verifying these claims. Cybersecurity experts were also examining the situation, though there was no concrete evidence beyond the attackers' claims at the time of the report. Read our letter to CERT-In here.
Data breach at boAt: A significant data breach recently affected the Indian consumer wearable brand, boAt. According to Business Standard, the breach exposed personal data of over 7.5 million users, allegedly orchestrated by a hacker known as ShopifyGUY. Sensitive information such as names, addresses, phone numbers, email addresses, and customer IDs have been compromised, with approximately 2 gigabytes of data made available on dark web forums. The company boAt acknowledged the incident, initiated a thorough investigation to safeguard customer data, and affirmed that protecting customer information is their utmost priority. Read our letter to CERT-In here.
S3WaaS Vulnerability: The 'Secure, Scalable and Sugamya Website as a Service' (S3WaaS) platform of the Government of India, developed for hosting government websites, faced a significant vulnerability in January 2022. Security researcher Sourajeet Majumder discovered that the flaw could potentially lead to the exposure of sensitive personal data of around 2,50,000 Indian citizens, primarily COVID-19 vaccine beneficiaries. Upon Sourajeet’s request, IFF alerted CERT-In about the security flaw twice, in January and March 2022. CERT-In acknowledged the email and responded promptly both times. We also notified the National Informatics Centre (“NIC”) but they did not respond. Despite alerts and correspondence with CERT-In and NIC, the breach persisted until March 2024, when Sourajeet confirmed its resolution. Read our explainer about this vulnerability here.

PlugTheBreach: IFF’s data breach tracker

You can find a list of all the non-exhaustive data breaches in the country since 2020 on a publicly accessible database, PlugTheBreach, a small-scale IFF initiative aimed at covering, reporting, and tracking data breaches in India to increase transparency and public awareness.

Conclusion

The multitude of recent data breaches and leaks underscores the critical importance of robust cybersecurity measures in today's digital landscape. From breaches compromising sensitive defence personnel information to vulnerabilities in major databases and platforms, these incidents highlight the pervasive risks individuals and organisations face.
In these challenges, organisations must prioritise proactive cybersecurity measures, including regular audits, robust encryption protocols, and swift incident response procedures. Moreover, there's an urgent need for greater transparency and accountability in handling data breaches, as seen in cases where affected companies failed to acknowledge or adequately address the breaches promptly.
Public awareness and education on cybersecurity best practices also play a vital role in mitigating risks and fostering a culture of cyber resilience. Thus, as we navigate an increasingly interconnected digital world, we must remain vigilant and proactive in safeguarding our digital assets and protecting user privacy.
submitted by InternetFreedomIn to india [link] [comments]


2024.05.05 10:24 Fickle_Pool Need some advise on Raikou

Need some advise on Raikou
Hello everyone, i am a absolute noob in this game and may need some advise. I found this Raikou recently and was wondering if it is good enough to Go all in on that
submitted by Fickle_Pool to PokemonSleep [link] [comments]


2024.05.04 14:54 zeuthanasia Minecraft won't load up whit Soudium

The minecraft first starts up and them suddenly stop loading in
"[Worker-Main-2/INFO]: Found unifont_all_no_pua-15.1.04.hex, loading"
The Whole console
https://pastebin.com/SEkL6vmH
I'm using Prism Launcher 8.3 I already tried other versions of Sodium, tried older versions of it Already re-installed Graphical Drivers Tried other launchers, like MultiMC and the normal instalation in the Minecraft Launcher I really don't know what to do at this point.
Even tried Quilt but it just didn't work.
Some information of my computer:
Intel(R) Core(TM) i5-3475S CPU @ 2.90GHz 2.90 GHz - Internal Graphical Card (Intel HD Graphics 4000) 16,0 GB DDR3 SSD 240GB
submitted by zeuthanasia to fabricmc [link] [comments]


2024.05.01 21:38 totiefruity Help choosing a printer for home photo printing and (if reasonable within budget) print digital paintings around A3 size

What would you like to accomplish?

I used to love taking photos with my analog cameras and hang them up. However, it's a hassle to pay for the photos, wait for them, pick up etc. Nowadays I mainly take photos with my iPhone. I'd like a neat and cheap way to print them at home. Eventually I might invest in a retro digital camera but I'd like to start printing the photos I already have.
Additionally, though this is a soft criteria, I'm also a digital artist and have a bunch of paintings that I'd love to print. Something like A3 prints would be wonderful.
Edit: I know next to nothing about printers

Are there any models you are currently looking at?

(seems nice but I've seen people recommend cheaper and bigger printers over it?. Nice little photos but can't print A3, not a deal breaker though)

Minimum Requirements:

submitted by totiefruity to printers [link] [comments]


2024.04.28 20:13 KanyeHefner ** Daniel Berlin - Vyn - Sweden

About 3 hours from Copenhagen with public transport, or 1 hour 45 minutes by car is Daniel Berlins new restaurant, Vyn - translates to “View” in English.
Daniel Berlin is one of the most renowned Nordic Chefs, and his former Restaurant, Daniel Berlin Krog, bolstered 2 Michelin stars and was hailed as one of the best restaurants in all of Scandinavia.
In 2020, he decided to close the restaurant due to a personal tragedy. 3 years later, in October 2023, he opened his new concept called Vyn in the eastern part of Skåne called Österlen. The ambition was clear, create great food in a beautiful atmosphere with work life balance. The main restaurant is open 3 days a week for dinner, Wednesday through Friday and has one serving for Lunch on Saturdays. Guests can also elect to stay at Vyn overnight with prices starting at 3500 SEK or $320.
Many have predicted that the restaurant would reclaim its 2 stars in the years edition of the Michelin Guide, set to be announced on the 28th of may in Helsinki.
I would personally give the restaurant 1 star ⭐️ here is a condensed review:
The service was incredible. Very attentive, discrete, knowledgeable and personable. Our main server was Andrea’s who has a background at Kong Hans. To me, the level was in 2-3 starred.
The food was not memorable. I would categorize Daniel Berlins style as new Nordic and simplitic. The produce, often sourced nearby, plays the main act and few dishes left a lasting impression. The dishes were generally rather aesthetically pleasing, but it was lacking more flavor. Exceptions were the Langoustine and Lamb dish. Amuse bouche and desserts were weak in my opinion.
The wine card was above average and our sommelier suggested some lovely wines and even gave me a taste of their Tondonia 81 from their wine pairing.
The location was very beautiful, both the interior and view, but is very out of the way, requiring a total travel time for us of 6 hours.
Price for two tasting menus we paid 7000 SEK or $640. Wine pairings start at 2500 SEK or 230$.
However, do note you will most likely also have to pay for accommodation either at Vyn or in an Airbnb nearby which is an additional +200$.
Overall, I thought the concept and identity of Daniel Berlin was very strong and the service outstanding, but the food itself was a disappointment and I will not be returning anytime soon.
The Danish Connoisseur
submitted by KanyeHefner to finedining [link] [comments]


2024.04.17 19:16 BlindKnowledge 🎧 CMcB 🎧 - "CMcBAI"

🎧 CMcB 🎧 - "CMcBAI"
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All the problems with AI mainly come down to interpretation.
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2024.04.17 19:16 BlindKnowledge 🎧 CMcB 🎧 - "Corporate Self Preservation"

🎧 CMcB 🎧 - "Corporate Self Preservation"
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Companies don't actually think forward, everything gets worse and we7re all going to die. Mainly, don't listen to me.
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2024.04.17 03:02 daydr3am93 Favorite division and why?

I love Berlin Command in all game modes (mostly play 1v1, 2v2, and 3v3). They have fantastic recon infantry with the SEK and PSSE, plus the Fox which is a great unit to snipe transports and recon squads with. Great infantry for city/forest fighting. A very unique tank tab that allows you to respond to a lot of different situations. For example, if you are facing a lot of infantry the AMX-30B and low cost Chieftain are excellent for fire support but if you need AT you have the M1A1 and the humvee tow. Then of course the Nighthawk is the main reason I play this deck. It’s stealth trait and quick reload mean that if you have two of them on station you can be relentless with them to strike high value targets and stall pushes. The mirage HE bomber is also very good. The AA and arty tab are the weak parts of this deck but they are still usable.
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2024.04.15 23:25 sand_storm18 Electricians of Stockholm how much are you getting paid?

I moved in Sweden Stockholm last year and my starting salary was 21500 Sek before tax the first 6 months and after 6 months they raised to 27500 Sek before tax. To be honest for me it looks to low and working 8 hours + 1 hour lunch dont justify this kind of salary.I left everyone back in my country with the idea that in Sweden i will get good money because everyone was saying like that.But to me it doesn’t look like you make money and with the prices that are today in Stockholm i can barely make it till the end of month.Maybe im in the wrong company and thats why im asking you guys.I work mainly in byggström dragging cables that are mostly 5 G 240 mm aluminium cables.So I wanted to ask you guys how much are you getting paid and what you do mostly? Thank you for your time 😊
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2024.04.11 10:21 RhinoInsight Surgical Science: Leading Supplier of Medical Simulators and Software for Robotic Surgery

Once again, a company that has been revolutionizing the field of medical training with VR simulators and software for robotic surgery for years and receives little media attention. It's hard to believe!
Well, as usual, here's a brief summary from my detailed report (available to read for free on Substack) on Surgical Science (Ticker: SUS)
Have you heard of this company? Or have you ever looked into robotic surgery in general? I can't wait to hear what you think.
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2024.04.10 19:52 Status_Share_211 What is this

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2024.04.09 16:08 lahuert10 Trading in the stock market with EUR from Sweden

Hi,
I have been trying to find an answer to this question but no luck so far (or lack of understanding on my part perhaps). Here it goes:
I received my salary in EUR for a few years and now I am looking for a way to invest some of those savings. My main goal is to not have to exchange my EUR to SEK at any point in the process. For example: I deposit EUR directly into my broker, buy some securities in EUR, sell them, and withdraw those EUR into a EUR bank account (the EUR account can be in Sweden or elsewhere).
I have tried the following: I have a valutakonto in EUR in SEB and an Aktie- och fondkontokonto (AF) with Avanza where I applied to and got approval for manual currency exchange. Until this point everything is fine. Now there are two problems: First, I have tried to setup my valutakonto in EUR in SEB as a bank account to withdraw my money to but Avanza says that they cannot verify that this account belongs to me (I think this has to do with how SEB operates the valutakonto; it is very restricted). The second and biggest problem is that when you want to withdraw money (EUR in the AF konto) from Avanza you can only write the amount in SEK, so you can never avoid a currency exchange. Is that right?
After this long story, I am looking for advice and recommendations to operate using EUR from Sweden with a European broker without having problems with Skatteverket. I guess the Skatteverket part is no big deal but I do not have much experience and I do not want to make mistakes.
Is this even possible? Hopefully the broker that you guys reccommed should have low fees, be easy to use and yadda yadda yadda...
Thanks in advance!
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