Latest news with #JasonStewart
Daily Mail
3 days ago
- Daily Mail
Moment phone thieves are arrested with £100,000 haul of Apple watches and 100 iPhones plus a machete just minutes after they raided West End store
Around 100 iPhones with an estimated value of £100,000 were found in the back of a car within minutes of a burglary at an O2 store in London. The stolen goods were located in a car stopped by officers, where a number of Apple watches and a large machete were also found. Three men wearing balaclavas reportedly entered the store in the West End on Thursday before the raid took place. Police bodycam footage shows one man getting arrested on a nearby street as he his told he 'matches a description of males who have gone into an O2 store and stolen some phones'. A stash of iPhones can then be seen in the footwell of the back seat of a car, which was pulled over by police on a nearby street. An officer continues to pull out several iPhones from a bag and throws them onto the growing pile. The footage also shows a large black machete being recovered from the car. Officers were called at 7.17pm and arrested three men aged 25, 24 and 18, on suspicion of aggravated burglary and taken into custody, where they remain. Chief Superintendent Jason Stewart, responsible for policing in Camden, said: 'We know people are concerned about crime in the West End and these arrests are just one example of the hard work officers are doing every day to proactively target offenders and make the area safer. 'We're working closely with businesses to focus on tackling the crimes that cause a misery to the lives of their staff, as well as residents and visitors. 'Across London we're arresting 1,000s more criminals each month, neighbourhood crime is down 19 per cent and we've solved 163 per cent more shoplifting cases this year. 'Through precise community crimefighting we will continue to focus our resources and bear down on prolific offenders and criminal gangs.' Last month, 10 men were arrested as part of a separate investigation into robberies at phone shops in London and across the south of England. Detectives identified an organised crime group believed to be behind 13 robberies between February and early June.
Mid East Info
7 days ago
- Business
- Mid East Info
Beehive and Direct Debit System partnership fuels $1 Bbillion in digital SME funding - Middle East Business News and Information
Financing milestone marks one year of collaboration between the two platforms Direct Debit System (DDS), the fintech platform for automated collections, licensed by UAE Central Bank, is celebrating its one-year partnership with Beehive, the first peer-to-peer lending platform in the MENA region to be regulated by the DFSA. The milestone comes as Beehive surpasses USD 1 billion in SME financing across the GCC. The year of collaboration has enabled Beehive to execute collections and repayments in a paperless, secure, and instantly reconcilable environment, by replacing legacy cheque-based processes with DDS's fully digital direct debit solution, powered by UAE PASS. 'Reaching the USD 1 billion milestone is a testament to Beehive's commitment to fueling SME growth in this country,' said Vivek Harikrishnan, Head of Product & COO at DDS. 'Our direct debit integration eliminates the delays and risks inherent in manual cheque handling, meaning no more lost cheques, no more uncertainty over collection timing or signature mismatch. Beehive's finance team now enjoys end-to-end visibility, IBAN validation, the ability to postpone and retry collections digitally, automated notifications, and same-day reconciliation, so they can focus entirely on supporting SMEs in the UAE to scale their business.' Since integrating DDS's API-driven direct debit technology, Beehive has achieved a number of milestones to streamline processes. The platform has gone paperless, meaning the entire loan disbursement and repayment cycles are now handled electronically, cutting out physical paperwork and courier delays. Operational hassle has been reduced with automated mandate management and UAE PASS authorization, removing the need for manual signature hunting, drastically lowering back-office overheads. The reconciliation process has also been accelerated, with real-time transaction reporting and instant settlement data shortening reconciliation times from days to hours. Reflecting on the collaboration, Jason Stewart, Head of Partnerships and Products at Beehive, stated, 'At Beehive, we've always believed that SME finance should be fast, secure, and frictionless. Our partnership with DDS has allowed us to digitize and streamline a core part of that journey, collections and repayments.' ———- About Direct Debit System Direct Debit System is the UAE's first Central Bank–licensed platform offering digital, paperless direct-debit collections from bank accounts and credit cards. The solution automates recurring payments for school fees, rents, memberships, loan repayments and more—replacing cheques, unnecessary credit card charges and manual follow-ups with secure and bank -bank direct settlement process that simplify cash-flow management for businesses of all sizes. The Direct Debit solution is now widely used by education institutions, real estate firms, service industries as well as most of the leading alternative lending platforms. Find out more at About Beehive Founded in 2014, Beehive is the first peer-to-peer lending platform in the MENA region to be regulated by the DFSA. Headquartered in Dubai, Beehive connects businesses seeking finance with investors willing to support their growth, offering a faster, more affordable funding option for SMEs. Through technology and a commitment to supporting regional businesses, Beehive has become a trusted partner for SMEs across the GCC. Learn more at
Yahoo
21-04-2025
- Automotive
- Yahoo
Ilika PLC (ILIKF) (H1 2025) Earnings Call Highlights: Navigating Early Revenue Stages with ...
Revenue: GBP 1 million, slightly down from the prior year, primarily from grant funding. EBITDA Loss (excluding share-based payments): GBP 1.9 million, unchanged from the prior year. Cash Balance: GBP 10.1 million, down from GBP 13.2 million in the prior year. Stereax Revenue Projection: Initial revenue expected from Stereax product sales by the end of the financial year/start of the next financial year. Goliath Revenue Projection: Cumulative income expected to grow over a 10-year period, with licensing and battery royalties as significant contributors. Grant Funding: Continued support expected, with GBP 2 billion available for the UK automotive industry over the next five years. Commercial Income from Goliath: Just under GBP 10,000 from commercial collaborations in the half-year to October. Warning! GuruFocus has detected 4 Warning Signs with ILIKF. Release Date: January 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ilika PLC (ILIKF) has a strong patent portfolio with 62 patents, providing robust protection for its intellectual property. The company has a diversified market approach, targeting both medical devices and automotive sectors, which reduces execution risk. Ilika PLC (ILIKF) has a licensing and royalty agreement with Cirtec, validating its Stereax technology and enabling scale-up for production. The company has completed the commissioning of equipment at Cirtec Medical, paving the way for product release and revenue generation. Ilika PLC (ILIKF) has received positive feedback on its Goliath batteries, which have been tested by automotive customers and show promising safety and performance benefits. The company is still in the early stages of revenue generation, with initial revenues expected to be low as products undergo lab-based trials. Ilika PLC (ILIKF) faces challenges in providing forward guidance due to the nascent stage of its production and commercialization efforts. The company is reliant on grant funding, which has seen a hiatus, impacting its financial planning and cash flow management. There is uncertainty around the timeline for Goliath battery commercialization, as it depends on licensing discussions over the next 18 to 24 months. Ilika PLC (ILIKF) has experienced a decrease in turnover, primarily due to the winding down of major grant funding projects. Q: In which financial year do you anticipate starting potentially profitable production of a first commercial battery product? A: Stereax production is expected to commence in 2025, with batteries being dispatched to customers by mid-year. Goliath batteries will continue development, with timelines dictated by licensing discussions over the next 18 to 24 months. - Jason Stewart, CFO Q: Will your miniaturized battery also have a use in robotics? A: Stereax miniature batteries could power sensors in robotics, especially where hardwiring is difficult. However, they are too small for primary power supply in most robotics, where Goliath batteries could be more suitable. - Graeme Purdy, CEO Q: Would licensing to a Chinese manufacturer ever be an option? A: There is no legal barrier to licensing a Chinese manufacturer, but we would need assurance of an attractive return on investment and IP protection. - Graeme Purdy, CEO Q: Why is nonrecurring engineering revenue larger than royalty revenue in a company that seeks to replicate Arm's IP business model? A: In the early years, Arm also relied more on nonrecurring engineering and license fees. As we are at the beginning of our licensing journey, NRE is an important revenue component. - Graeme Purdy, CEO Q: What chemical do Ilika batteries use? A: Stereax batteries use an LCO cathode with a silicon anode, while Goliath batteries use NMC cathodes with silicon anodes. The oxide electrolytes are the secret sauce for both, chosen for ionic conductivity and chemical compatibility. - Graeme Purdy, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
21-04-2025
- Entertainment
- Yahoo
Celebrating Los Angeles with the Return of The Infatuation's EEEEEATSCON Los Angeles in Santa Monica This Summer
Tickets are now available for EEEEEATSCON Los Angeles at The Barker Hangar, June 28-29. The annual food festival features exclusive collaborations from Quarter Sheets x Bridgetown Roti and WAKE AND LATE x Sqirl, and food from some of The Infatuation's highest rated restaurants in Los Angeles, including BBAD, Lorenzo California, Evil Cooks and more! This year, EEEEEATSCON will emphasize support for Los Angeles' wildfire recovery, including a donation from Love Local℠ with Chase to help impacted small businesses, an exclusive menu collaboration between Shake Shack and the Los Angeles Fire Department with proceeds benefiting LAFD Foundation, and more. LOS ANGELES, April 21, 2025--(BUSINESS WIRE)--Today, The Infatuation announced its signature food festival, EEEEEATSCON Los Angeles, will return to Santa Monica's The Barker Hangar on Saturday, June 28 and Sunday, June 29. Tickets for EEEEEATSCON Los Angeles will go on sale today at 10:00 a.m. PT at exclusively for Chase cardholders. EEEEEATSCON Los Angeles will feature an exciting lineup of one-of-a-kind restaurant collaborations and some of The Infatuation's favorite restaurants from Los Angeles and across the country, including: Bridgetown Roti x Quarter Sheets, WAKE AND LAKE x Sqirl, BBAD, Lorenzo California, Good Alley, Evil Cooks, III Mas, Temaki Society, Santa Canela, Aunt Yvette's Kitchen, Zira Uzbek Kitchen, San Francisco's Bodega SF, New York City's Caffè Panna, Majordōmo, and more. Attendees can also enjoy engaging programming and live conversations with popular hosts including Chris Black and Jason Stewart of How Long Gone, Josh Scherer of Mythical Kitchen's Last Meals, Noah Callahan-Bever of Complex's Idea Generation as well as Hunter Harris and Peyton Dix from the Wondery podcast Lemme Say This. To further aid relief and recovery efforts for those impacted by the recent area wildfires, every dollar spent at restaurants on-site at EEEEEATSCON Los Angeles will be matched and donated to a local organization that supports small businesses by Love Local℠ with Chase as part of its focus to provide resources, insights and connections to preserve the small businesses that make an invaluable impact on our local communities. Additionally, the event will feature a special collaboration with Shake Shack - a 15-time national partner of EEEEEATSCON - with the Los Angeles Fire Department to honor their crews with a limited-edition, festival-exclusive menu. In support of their service, proceeds from their exclusive menu collaboration will benefit the LAFD Foundation. The Infatuation will also offer complimentary tickets to members of the Los Angeles Fire Department, while supplies last1. Continued contributions from The Infatuation's EEEEEATSCON builds on the $2.5 million in philanthropic support for those impacted by the wildfires from JPMorganChase which remains committed to strengthening the broader community during this challenging time. "Since its inception in Los Angeles in 2017, EEEEEATSCON has always served as a tribute to the city, and this year's event will place a particular emphasis on honoring the L.A. dining community in the wake of the recent wildfires," said Paul Needham, CEO of The Infatuation. "The Los Angeles dining scene is a cornerstone of the city's culture, and we're thrilled to bring EEEEEATSCON back to celebrate this incredible place." Cardholder Perks Chase cardholders can purchase general admission tickets for $25 (inclusive of taxes and fees) with an early entry option for Sapphire Reserve and Preferred cardmembers. Sapphire Reserve cardmembers will have access to the Chase Sapphire Reserve Experience, an exclusive in-event experience where cardmembers can enjoy complimentary perks such as special bites from Majordōmo, a beverage, and more. Sapphire Reserve cardmembers will also have the option to purchase an All You Can EEEEEAT ticket through Chase Ultimate Rewards until supplies last. An eligible Chase credit or debit card is required to purchase a ticket to the event. At the event, Chase cardholders can earn cash back when they activate a special Chase Offer good for $10 back when they spend a minimum of $10 on food and beverages from the event's participating restaurants during EEEEEATSCON. Cardholders must activate the offer at or via the Chase App prior to their purchase. EEEEEATSCON delivers a unique food experience, styled like a music festival with restaurants as headliners. With restaurants curated by The Infatuation's editorial team, the event showcases its expert recommendations and takes place in major cities across the country including New York, Chicago, and Miami in addition to Los Angeles. In addition to Chase Sapphire and Love Local℠ with Chase, other brand partners creating special experiences for EEEEEATSCON include Chase® Ink®, Zelle®, Pepsi, DoorDash, LaCroix, Instacart, Cazadores Tequila and Lyft. EEEEEATSCON LOS ANGELES Saturday, June 28 & Sunday, June 29 Chase Sapphire Reserve & Preferred Cardmembers Early Entry: 11 a.m. - 6 p.m. PT Cardholder General Admission Entry: Noon - 6 p.m. PT The Barker Hangar - 3021 Airport Ave., Santa Monica, CA TICKETSAvailable at For more information visit The Infatuation and EEEEEATSCON online, download The Infatuation app, follow The Infatuation on TikTok or Instagram, and sign up for your city's newsletter. 1 To inquire about reserving a ticket for members of the Los Angeles Fire Department, please email hello@ Restrictions apply. View source version on Contacts Michael Sinatra, 551-574-8031Isabella Persico, 847-414-7877
Business Wire
21-04-2025
- Entertainment
- Business Wire
Celebrating Los Angeles with the Return of The Infatuation's EEEEEATSCON Los Angeles in Santa Monica This Summer
LOS ANGELES--(BUSINESS WIRE)--Today, The Infatuation announced its signature food festival, EEEEEATSCON Los Angeles, will return to Santa Monica's The Barker Hangar on Saturday, June 28 and Sunday, June 29. Tickets for EEEEEATSCON Los Angeles will go on sale today at 10:00 a.m. PT at exclusively for Chase cardholders. EEEEEATSCON Los Angeles will feature an exciting lineup of one-of-a-kind restaurant collaborations and some of The Infatuation's favorite restaurants from Los Angeles and across the country, including: Bridgetown Roti x Quarter Sheets, WAKE AND LAKE x Sqirl, BBAD, Lorenzo California, Good Alley, Evil Cooks, III Mas, Temaki Society, Santa Canela, Aunt Yvette's Kitchen, Zira Uzbek Kitchen, San Francisco's Bodega SF, New York City's Caffè Panna, Majordōmo, and more. Attendees can also enjoy engaging programming and live conversations with popular hosts including Chris Black and Jason Stewart of How Long Gone, Josh Scherer of Mythical Kitchen's Last Meals, Noah Callahan-Bever of Complex's Idea Generation as well as Hunter Harris and Peyton Dix from the Wondery podcast Lemme Say This. To further aid relief and recovery efforts for those impacted by the recent area wildfires, every dollar spent at restaurants on-site at EEEEEATSCON Los Angeles will be matched and donated to a local organization that supports small businesses by Love Local ℠ with Chase as part of its focus to provide resources, insights and connections to preserve the small businesses that make an invaluable impact on our local communities. Additionally, the event will feature a special collaboration with Shake Shack - a 15-time national partner of EEEEEATSCON - with the Los Angeles Fire Department to honor their crews with a limited-edition, festival-exclusive menu. In support of their service, proceeds from their exclusive menu collaboration will benefit the LAFD Foundation. The Infatuation will also offer complimentary tickets to members of the Los Angeles Fire Department, while supplies last 1. Continued contributions from The Infatuation's EEEEEATSCON builds on the $2.5 million in philanthropic support for those impacted by the wildfires from JPMorganChase which remains committed to strengthening the broader community during this challenging time. 'Since its inception in Los Angeles in 2017, EEEEEATSCON has always served as a tribute to the city, and this year's event will place a particular emphasis on honoring the L.A. dining community in the wake of the recent wildfires,' said Paul Needham, CEO of The Infatuation. 'The Los Angeles dining scene is a cornerstone of the city's culture, and we're thrilled to bring EEEEEATSCON back to celebrate this incredible place.' Cardholder Perks Chase cardholders can purchase general admission tickets for $25 (inclusive of taxes and fees) with an early entry option for Sapphire Reserve and Preferred cardmembers. Sapphire Reserve cardmembers will have access to the Chase Sapphire Reserve Experience, an exclusive in-event experience where cardmembers can enjoy complimentary perks such as special bites from Majordōmo, a beverage, and more. Sapphire Reserve cardmembers will also have the option to purchase an All You Can EEEEEAT ticket through Chase Ultimate Rewards until supplies last. An eligible Chase credit or debit card is required to purchase a ticket to the event. At the event, Chase cardholders can earn cash back when they activate a special Chase Offer good for $10 back when they spend a minimum of $10 on food and beverages from the event's participating restaurants during EEEEEATSCON. Cardholders must activate the offer at or via the Chase App prior to their purchase. EEEEEATSCON delivers a unique food experience, styled like a music festival with restaurants as headliners. With restaurants curated by The Infatuation's editorial team, the event showcases its expert recommendations and takes place in major cities across the country including New York, Chicago, and Miami in addition to Los Angeles. In addition to Chase Sapphire and Love Local ℠ with Chase, other brand partners creating special experiences for EEEEEATSCON include Chase® Ink®, Zelle®, Pepsi, DoorDash, LaCroix, Instacart, Cazadores Tequila and Lyft. 1 To inquire about reserving a ticket for members of the Los Angeles Fire Department, please email hello@ Restrictions apply.
