#this site has 200 employees and 21 million posts a DAY
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for every "how dare you plan to spend money out of your entertainment budget while i, a complete stranger to you, am still poor" post i see i am buying another $3 worth of crabs
#look. i get that people in bad financial situations are tetchy#which is why i talked myself out of reblogging several stupid posts#but this is just the 'how dare poor people buy starbucks' argument except coming from other poor people#if you wouldn't begrudge a fellow poor person their sugary coffee just because you yourself don't have a coffee budget this week#then shut the fuck up about people wanting to give up a week's coffee to maybe help a website they enjoy#'if everybody donated to my kofi instead of to tumblr then i wouldn't be poor anymore'#yeah probably but also no one knows who you are and you're not specialer than any of the other poor ppl who enjoy this site#meanwhile we ALL know what tumblr is. because we live here#it's like 'why did they donate to save the savings & loan instead of to the individuals in the town who had loans out'#also. why does everyone think that solving the moderation problem is free!!!#that shit is very hard work! it's not a solved problem algorthmically at all#this site has 200 employees and 21 million posts a DAY#crab day#tumblr meta#dove.txt
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twitter likes should we know?
Twitter's origins lie in a "daylong brainstorming session" held by board members of the podcasting company Odeo. Jack Dorsey, then an undergraduate student at New York University, introduced the idea of an individual using an SMS service to communicate with a small group.[25][26] The original project code name for the service was twttr, an idea that Williams later ascribed to Noah Glass,[27] inspired by Flickr and the five-character length of American SMS short codes. The decision was also partly due to the fact that the domain twitter.com was already in use, and it was six months after the launch of twttr that the crew purchased the domain and changed the name of the service to Twitter.[28] The developers initially considered "10958" as a short code, but later changed it to "40404" for "ease of use and memorability".[29] Work on the project started on March 21, 2006, when Dorsey published the first Twitter message at 9:50 p.m. Pacific Standard Time (PST): "just setting up my twttr".[4] Dorsey has explained the origin of the "Twitter" title:
s Angeles Lakers' victory in the 2010 NBA Finals on June 17,[48] and then again at the close of Japan's victory over Denmark in the World Cup when users published 3,283 tweets per second.[49] The record was set again during the 2011 FIFA Women's World Cup Final between Japan and the United States, when 7,196 tweets per second were published.[50] When American singer Michael Jackson died on June 25, 2009, Twitter servers crashed after users were updating their status to include the words "Michael Jackson" at a rate of 100,000 tweets per hour.[51] The current record as of August 3, 2013 was set in Japan, with 143,199 tweets per second during a television screening of the movie Castle in the Sky[52] (beating the previous record of 33,388, also set by Japan for the television screening of the same movie).[53]
Twitter acquired application developer Atebits on April 11, 2010. Atebits had developed the Apple Design Award-winning Twitter client Tweetie for the Mac and iPhone. The application, now called "Twitter" and distributed free of charge, is the official Twitter client for the iPhone, iPad and Mac.[54]
From September through October 2010, the company began rolling out "New Twitter", an entirely revamped edition of twitter.com. Changes included the ability to see pictures and videos without leaving Twitter itself by clicking on individual tweets which contain links to images and clips from a variety of supported websites including YouTube and Flickr, and a complete overhaul of the interface, which shifted links such as '@mentions' and 'Retweets' above the Twitter stream, while 'Messages' and 'Log Out' became accessible via a black bar at the very top of twitter.com. As of November 1, 2010, the company confirmed that the "New Twitter experience" had been rolled out to all users. In 2019, Twitter was announced to be the 10th most downloaded mobile app of the decade, from 2010 to 2019.[55]
2011–2014 On April 5, 2011, Twitter tested a new homepage and phased out the "Old Twitter".[56] However, a glitch came about after the page was launched, so the previous "retro" homepage was still in use until the issues were resolved; the new homepage was reintroduced on April 20.[57][58] On December 8, 2011, Twitter overhauled its website once more to feature the "Fly" design, which the service says is easier for new users to follow and promotes advertising. In addition to the Home tab, the Connect and Discover tabs were introduced along with a redesigned profile and timeline of Tweets. The site's layout has been compared to that of Facebook.[59][60] On February 21, 2012, it was announced that Twitter and Yandex agreed to a partnership. Yandex, a Russian search engine, finds value within the partnership due to Twitter's real time news feeds. Twitter's director of business development explained that it is important to have Twitter content where Twitter users go.[61] On March 21, 2012, Twitter celebrated its sixth birthday while also announcing that it had 140 million users and 340 million tweets per day. The number of users was up 40% from their September 2011 number, which was said to have been at 100 million at the time.[62]
In April 2012, Twitter announced that it was opening an office in Detroit, with the aim of working with automotive brands and advertising agencies.[63] Twitter also expanded its office in Dublin.[64] On June 5, 2012, a modified logo was unveiled through the company blog, removing the text to showcase the slightly redesigned bird as the sole symbol of Twitter.[65][66] On October 5, 2012, Twitter acquired a video clip company called Vine that launched in January 2013.[67][68] Twitter released Vine as a standalone app that allows users to create and share six-second looping video clips on January 24, 2013. Vine videos shared on Twitter are visible directly in users' Twitter feeds.[69] Due to an influx of inappropriate content, it is now rated 17+ in Apple's[needs update][70] app store.[71] On December 18, 2012, Twitter announced it had surpassed 200 million monthly active users. Twitter hit 100 million monthly active users in September 2011.[72]
On January 28, 2013, Twitter acquired Crashlytics in order to build out its mobile developer products.[73]
On April 18, 2013, Twitter launched a music app called Twitter Music for the iPhone.[74] On August 28, 2013, Twitter acquired Trendrr,[75] followed by the acquisition of MoPub on September 9, 2013.[76] As of September 2013, the company's data showed that 200 million users sent over 400 million tweets daily, with nearly 60% of tweets sent from mobile devices.[77] On June 4, 2014, Twitter announced that it would acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.[78] On June 19, 2014, Twitter announced that it had reached an undisclosed deal to buy SnappyTV, a service that helps edit and share video from television broadcasts.[79][80] The company was helping broadcasters and rights holders to share video content bo
...we came across the word 'twitter', and it was just perfect. The definition was 'a short burst of inconsequential information,' and 'chirps from birds'. And that's exactly what the product was.[30]
The first Twitter prototype, developed by Dorsey and contractor Florian Weber, was used as an internal service for Odeo employees.[31] The full version was introduced publicly on July 15, 2006.[13] In October 2006, Biz Stone, Evan Williams, Dorsey, and other members of Odeo formed Obvious Corporation and acquired Odeo, together with its assets — including Odeo.com and Twitter.com — from the investors and shareholders.[32] Williams fired Glass, who was silent about his part in Twitter's startup until 2011.[33] Twitter spun off into its own company in April 2007.[34] Williams provided insight into the ambiguity that defined this early period in a 2013 interview:
With Twitter, it wasn't clear what it was. They called it a social network, they called it microblogging, but it was hard to define, because it didn't replace anything. There was this path of discovery with something like that, where over time you figure out what it is. Twitter actually changed from what we thought it was in the beginning, which we described as status updates and a social utility. It is that, in part, but the insight we eventually came to was Twitter was really more of an information network than it is a social network.[35]
The tipping point for Twitter's popularity was the 2007 South by Southwest Interactive (SXSWi) conference. During the event, Twitter usage increased from 20,000 tweets per day to 60,000.[36][37] "The Twitter people cleverly placed two 60-inch plasma screens in the conference hallways, exclusively streaming Twitter messages," remarked Newsweek's Steven Levy. "Hundreds of conference-goers kept tabs on each other via constant twitters. Panelists and speakers mentioned the service, and the bloggers in attendance touted it."[38] Reaction at the conference was highly positive. Blogger Scott Beale said that Twitter was "absolutely ruling" SXSWi. Social software researcher danah boyd said Twitter was "owning" the conference.[39] Twitter staff received the festival's Web Award prize with the remark "we'd like to thank you in 140 characters or less. And we just did!"[40]
The first unassisted off-Earth Twitter message was posted from the International Space Station by NASA astronaut T. J. Creamer on January 22, 2010.[41] By late November 2010, an average of a dozen updates per day were posted on the astronauts' communal account, @NASA_Astronauts. NASA has also hosted over 25 "tweetups", events that provide guests with VIP access to NASA facilities and speakers with the goal of leveraging participants' social networks to further the outreach goals of NASA. In August 2010, the company appointed Adam Bain from News Corp.'s Fox Audience Network as president of revenue.[42]
twitter followers buy
2007–2010 The company experienced rapid initial growth. It had 400,000 tweets posted per quarter in 2007. This grew to 100 million tweets posted per quarter in 2008. In February 2010, Twitter users were sending 50 million tweets per day.[43] By March 2010, the company recorded over 70,000 registered applications.[44] As of June 2010, about 65 million tweets were posted each day, equaling about 750 tweets sent each second, according to Twitter.[45] As of March 2011, that was about 140 million tweets posted daily.[46] As noted on Compete.com, Twitter moved up to the third-highest-ranking social networking site in January 2009 from its previous rank of twenty-second.[47]
Jack Dorsey, co-founder and CEO of Twitter, in 2009 Twitter's usage spikes during prominent events. For example, a record was set during the 2010 FIFA World Cup when fans wrote 2,940 tweets per second in the thirty-second period after Japan scored against Cameroon on June 14. The record was broken again when 3,085 tweets per second were posted after the Lo
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ETSY'S FIRST QUARTER RESULTS 2021: SALES WAY UP, BUT GROWTH IS EXPECTED TO STALL
Etsy released its first quarter financial results for 2021 on May 5th; the following is a summary of the facts the average Etsy seller might be interested in. My comments are in square brackets; all the rest is just repeating what Etsy said, or undisputed facts.
I used to do these summaries in the Etsy forum; here is a link to the last one, which has links to all of the previous ones at the end of the top post.
Relevant Links
Press release: https://s22.q4cdn.com/941741262/files/doc_financials/2021/q1/Exhibit-99.1-Q1-2021.pdf
Call video: https://investors.etsy.com/home/default.aspx then scroll down & click on “Webcast”
Presentation Slides: https://s22.q4cdn.com/941741262/files/doc_financials/2021/q1/v2/(Final)-Etsy-1Q-2021-Earnings-Presentation.pdf
Call transcript: https://www.fool.com/earnings/call-transcripts/2021/05/06/etsy-inc-etsy-q1-2021-earnings-call-transcript/
Media coverage: CNBC, Mad Money on CNBC [with video & text], Barron’s, MarketWatch, Yahoo Finance, MotleyFool, Investor’s Business Daily
Highlights
Etsy’s gross marketplace sales (GMS) were $2.9 billion, up 144% from the first quarter of 2020; with Reverb’s numbers, the total was $3.1 billion, up 132%
GMS per active buyer up 20%; GMS per active seller was up 34%.
GMS from ads was 21%
Etsy’s total revenue was $550.6 million, up 141%
Etsy’s net income was $141.5 million up over 1000%
active sellers up 67% to 4.7 million; active buyers up 90% to over 90 million [note that “active”means one charge or transaction in the past 12 months]
mobile GMS now 63% of the total, i.e., almost ⅔ of sales come from mobile browsers or the Etsy app
international GMS [where the buyer, the seller, or both are not in the US] 42% of total GMS, compared to 36% in 2020. International GMS grew faster than the site average overall, and domestic international sales grew the fastest.
Search: “...we enhanced personalized search and incorporated more user features into our ranking models to better understand our users interests and needs, which led to increased engagement, conversion, and repeat purchase rates”. [Those new user characteristics possibly are coming from the buyers’ outside-of-Etsy activity, since Etsy policies changed to allow that.]
They’ve also worked a lot on figuring out buyer intent, and finding more items that do not have all of the search terms but meet the buyer’s goals. “...semantic gap is about translating what you meant with what you actually wrote. So for example, cocktail attire for men, a good search result for that might be a blue blazer. And yet the word cocktail nor attire might appear in the title of a blue blazer.” [This has been going on for a year now, but is still evolving, with smaller searches being added all the time.]
Delivery times: Slide 12 states that one area of buyer trust they are working on is “Speed Expectations: Ensure expected delivery date is clear to buyers”. [Emphasis added. That sounds like listing a date will be compulsory some time this year, at least for some sellers, or that Etsy will just insert its own estimates, which they have done for some sellers already. This is a hugely problematic area for many sellers, especially during a pandemic. For example, Canada Post suspended its on-time delivery guarantees in March 2020 and has never reinstated them; its estimated delivery times are wildly inaccurate.]
The “open orders” dashboard shown on slide 14 is not the same as the one I have in my shop; mine never shows when something is due to ship today. [Sadly, Silverman doesn’t seem to be aware that this dashboard is so inaccurate!]
Marketing: new commercials ran in the US in January. They will be doing more in the UK and in Germany, the latter as a test of whether or not commercials work before there is a certain level of brand awareness on the ground.
Fees they take in from Offsite Ads pay for 30% of the site’s total marketing budget, which includes the television commercials.
Buyer Frequency: habitual buyers (those who purchased on at least 6 days in the previous 12 months and spent over $200 USD) now total 8 million, while there are 90 million active buyers (who purchased once in the past 12 months), and 16 million new or reactivated buyers in the quarter. Habitual buyers are up over 200%, and while only 9% of all buyers, create about 40% of all GMS.
Reverb: they did very well, with GMS up 50%, while the music industry averaged 5%. One focus for 2021 is introducing new gear to the site, for example through a deal with Fender.
Other: “2020 Global Seller Census which will be released soon on the Etsy News Blog.” They hired almost 100 new employees in the first quarter, and are looking to add a lot more, as they aren’t able to take advantage of every good new idea and opportunity right now.
Sales trends and projections: Etsy beat the top end of their first quarter projections, largely due to March being more successful than expected. They credit the US stimulus cheques. Mask sales were only 2.5% of GMS in the first quarter.
The world situation is too volatile to post projected numbers beyond the second quarter, as they expect reopening in some countries to have a negative impact on ecommerce, and in fact are already seeing hints of that in some core markets. They are projecting GMS to be up 5-15% in the second quarter over 2020, and Etsy’s own revenue to be up 15-25%. The stock market reacted poorly to that and the stock lost 14% of its value in one day.
Have any questions or comments? Please post them here, or email me through my website.
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Fed Cuts Interest Rates in Bid to Protect Economy: Live Updates
The Fed unveils an emergency program to keep credit flowing.
The Federal Reserve cut interest rates to near-zero on Sunday, in its second emergency measure this month amid increasingly dire predictions about the economic impact of the coronavirus.The central bank also said it would buy up huge amounts of government and mortgage-backed debt.“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” the central bank said in a statement on Sunday. “The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses.”The Fed cut its benchmark interest rate by a full percentage point, to a range of 0 to 0.25 percent, and said it would increase its holdings of Treasury securities by at least $500 billion and its holdings of government mortgage-backed securities by at least $200 billion “over coming months.”The moves, reminiscent of steps the central bank took during the 2008 financial crisis, are aimed at making it easier for banks to lend money to businesses facing a steep and sudden drop in revenue as the virus forces them to curtail their activity or shut down.In a sign of how urgent the Fed considered Sunday’s moves, the central bank’s chairman, Jerome H. Powell, said the Federal Open Market Committee would no longer hold its previously planned meeting scheduled for this week, saying this decision was “in lieu” of that.Despite the Fed’s intervention, stock futures in the United States declined steeply on Sunday evening.Economists have been cutting forecasts for economic growth for weeks, as they consider how store closings, falling consumer spending and decreased travel will affect the United States. On Sunday, economists at Goldman Sachs said they now expected the American economy, the world’s largest, would record zero growth in the first quarter, and would shrink in the second quarter.Even with monetary and fiscal stimulus measures, “these shutdowns and rising public anxiety about the virus are likely to lead to a sharp deterioration in economic activity in the rest of March and throughout April,” Goldman’s economists wrote in a research note.Financial markets have plunged in recent weeks as investors fixated on potential costs of the coronavirus outbreak. Stocks are down some 20 percent from their Feb. 19 high.On March 3, the Fed cut interest rates by a half percentage point in an emergency announcement. The U.S. stock market managed to rally only for roughly 15 minutes before falling sharply once again and finishing the day down nearly 3 percent.The volatility has only grown since then, with the S&P 500 posting its worst-single day loss since the Black Monday crash of 1987 on Thursday, before posting an extraordinary 9.3 percent gain to close the week on Friday. The wild swings in prices extend well beyond stocks. At times last week, the market for Treasuries showed signs of trouble — a worrisome indicator because U.S. government bonds are considered the safest spot for investors to park their cash in times of stress.
An economic hit from ‘all sides.’
For weeks, forecasters have warned of the coronavirus’s potential to disrupt the American economy just as it has done elsewhere. But there was little hard evidence beyond delayed shipments of goods from China and stomach-churning volatility in financial markets.Now the effects are showing up in downtown nightspots and suburban shopping centers from coast to coast.Not since the attacks of Sept. 11, 2001, has a crisis enveloped so much of the economy so quickly. Broadway is dark. The college basketball tournaments are canceled and professional sports are on indefinite hold. Conferences, concerts and St. Patrick’s Day parades have been called off or postponed. Even Disneyland — which stayed open through a recession a decade ago that wiped out millions of American jobs and trillions of dollars in wealth — is shuttered.“This hits the heart of the economy, and it hits the economy on all sides,” said Diane Swonk, chief economist at Grant Thornton. “It’s not just that we’re slowing down things. We’re actually hitting the pause button, and there is no precedent, there is no mold for that.”
Starbucks will eliminate seating and close some stores.
Starbucks will eliminate seating at all of its company-owned stores in the United States for at least the next two weeks to encourage social distancing, the company announced on Sunday.It will also temporarily close some stores in “high-social gathering locations,” like malls and college campuses. A Starbucks spokeswoman, Jaime Riley, said the company was still determining how many stores will be closed.At the stores that do remain open, customers will be able to walk up to the counter to order, place delivery or pickup orders online or use drive-throughs where available.For the next two weeks, Starbucks employees who are unable to work or whose hours are reduced because of the store closures will be compensated for the shifts they would normally have worked.At the end of that period, Starbucks will “reassess to make sure that our parents continue to be financially supported,” Ms. Riley said.
Hollywood may have just had a historically bad weekend.
Seemingly every aspect of American life has been disrupted by the coronavirus pandemic, and the weekend ritual of watching a movie in the dark sitting with strangers has been no exception. Most cinemas in the United States remain open, with the two biggest chains, AMC and Regal, reducing seating capacity in auditoriums by 50 percent so that people could leave at least one empty seat between them. But fears about the coronavirus kept the masses at home: Domestic ticket sales totaled about $55.3 million, a 44 percent drop from last weekend, despite three new films — “Bloodshot,” “The Hunt” and “I Still Believe” — arriving in wide release.It was the worst period for movie theaters in two decades, according to Comscore, which compiles box office data. The next lowest weekend was Sept. 15 to 17 in 2000, when ticket sales totaled $54.5 million and the primary draws were holdovers like “The Watcher,” a serial-killer movie, and “Nurse Betty,” a dark comedy starring Renée Zellweger. In today’s money, however, the 2000 weekend generated roughly $83 million in ticket sales.
Why stock prices surged on Friday.
Just 30 minutes before trading on Wall Street came to a close on Friday, President Trump declared a national emergency and said he’d speed up testing for the coronavirus in the United States with the help of private companies.Speaking outside the White House — surrounded by chief executives from a number of companies — Mr. Trump said Google would help create a website to screen coronavirus cases, and Walmart, Target and others would help with testing. (The president oversold that Google site.)Investors had been waiting all week to see Washington take action, so they didn’t wait to hear the finer details: Stocks surged some 6 percent as the president spoke about the plans, to end the day up 9 percent.
Catch up: Here’s what else is happening.
Retailers started closing stores: Apple said it would shutter more than 450 stores across 21 countries for two weeks. Nike said it would shut all of its stores in the United States, Canada, Western Europe, New Zealand and Australia for the same period.Spain and France announced drastic restrictions: On Saturday, Spain ordered all citizens to confine themselves to their homes — and to leave only to buy food, go to work, seek medical care or assist the elderly and others in need. France announced the closing of all “non-indispensable” businesses as of midnight, including restaurants, bars and movie theaters.Saudi Aramco’s profit fell. The world’s largest oil company said on Sunday that its profit last year fell more than 20 percent, primarily because of lower oil prices.Volkswagen will temporarily close a factory in Chattanooga, Tenn. The factory will close for the day on Monday as managers assess how to handle a shortage of workers who have child care problems.Jeanna Smialek, Ben Casselman, Jack Ewing, Stanley Reed, Jack Nicas, Liz Alderman, Brooks Barnes, David Yaffe-Bellany and Matt Phillips contributed reporting. Read the full article
#1augustnews#247news#5g570newspaper#660closings#702news#8paradesouth#911fox#abc90seconds#adamuzialkodaily#atoactivitystatement#atobenchmarks#atocodes#atocontact#atoportal#atoportaltaxreturn#attnews#bbnews#bbcnews#bbcpresenters#Bid#bigcrossword#bigmoney#bigwxiaomi#bloomberg8001zürich#bmbargainsnews#business#business0balancetransfer#business0062#business0062conestoga#business02
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Amazon's headquarters bake-off puts it in the corporate-welfare spotlight
Jeff Bezos, founder and CEO of Amazon, during opening day ceremonies at the company's campus in Seattle on Monday, Jan. 29, 2018. Credit: Mike Kane/Bloomberg
In September 2017, Amazon.com became America's most eligible corporate bachelor when it announced plans for a second headquarters. More than 200 cities across North America fell over themselves trying to woo the e-commerce giant and the 50,000 well-paying tech jobs on offer. The more shameless attempts to win Amazon's attention included Arizona trucking a cactus to Seattle and a Georgia town offering to rename itself, yes, Amazon.
Exactly one year later, negotiations with 20 finalist cities from New York to Los Angeles have retreated behind closed doors. Instead of public displays of affection, Amazon is fending off barbs sharper than the prickers on that 21-foot saguaro cactus. As the world's second-most valuable public company weighs the tax breaks and other goodies proffered by eager suitors, it stands accused of being a corporate welfare leech that should be giving the government and its workers more rather than further milking taxpayers to expand. As the world's wealthiest individual, Chief Executive Officer Jeff Bezos also makes a tempting target.
Vermont Senator Bernie Sanders has accused Amazon of forcing its warehouse workers onto food stamps because it doesn't pay them enough; he proposed levying a tax on large employers to help fund government assistance (the bill is called Stop Bad Employers by Zeroing Out Subsidies Act—or Stop BEZOS).
Meanwhile, increasing numbers of states are reviewing whether companies are honoring their pledges to create jobs and generate economic activity. As the HQ2 bake-off drags on in private, Amazon gives its critics more ammunition and time to fire away.
"The Bernie Sanders bill shows how much Amazon's brand has been tarnished by this headquarters search process," says Greg LeRoy, executive director of Good Jobs First, which monitors government investments in businesses. "The way they launched this public auction was really ham-handed. It was an obvious grab for the maximum tax break, and now they're under the microscope."
Amazon declined to comment for this story. In a blog post responding to Sanders, the company said it created 130,000 new jobs last year and that employees receiving food stamps include those who work part-time or only worked at Amazon for brief periods. The company defended its treatment of workers, saying its full-time U.S. warehouse employees earn more than $15 an hour on average, including stock and incentive bonuses. The company also says it has invested more than $100 billion in the U.S. since 2011 and created more than 200,000 full-time jobs with benefits.
The Sanders bill is unlikely to go anywhere so long as the Republicans control Congress. But more and more states are taking a closer look at trading tax breaks for jobs. Politicians eager to attract employers to their cities and towns during the Great Recession later discovered that perhaps they had given away too much and received too little in return. Among the notable boondoggles: "The Buffalo Billions" corruption scandal in New York where money meant for economic development instead allegedly went to allies of Gov. Andrew Cuomo. And in 2010, the Rhode Island Economic Development Corp. issued $75 million in bonds as part of a package to lure video game company 38 Studios away from Massachusetts in a deal that went bust and resulted in federal fraud charges.
Such blowups prompted several states to tighten controls, including Pennsylvania, Texas, Colorado, Illinois and Georgia, collectively home to seven Amazon finalist cities. Texas, for instance, withdrew or clawed back more than $30 million in incentives to 16 companies that failed to create the jobs pledged, according to a 2017 legislative report. California, New York, New Jersey and Massachusetts—also among the Amazon finalists—are among 22 states that lack robust oversight of government investments in business, but that group is shrinking, according to a 2017 study by The Pew Charitable Trusts.
"Over the past six years, we've seen vast improvement," says Josh Goodman, a researcher at Pew. "Lawmakers are saying we need good information to understand how these programs are working and how they can be improved."
Amazon is likely to welcome greater scrutiny of the economic splash made by its second headquarters, eager to steer the narrative from corporate welfare to job creation. The company has pledged to invest $5 billion over 18 years and said compensation including benefits would average about $100,000 for the 50,000 jobs expected. The company has said it will make a decision this year and has otherwise been mum. Atlanta, the Washington, D.C. region, Philadelphia and Austin are among the places considered front-runners by Moody's Analytics and others that analyzed the finalists based on Amazon's criteria, which included a large labor force, proximity to an airport and a good education pipeline.
Most offers from the finalist cities remain private, but the scope of the project makes it an inevitable "mega-deal" in the billions of dollars. New Jersey has offered a package worth $7 billion to lure Amazon to Newark. Maryland is dangling $6.5 billion in tax incentives to get Amazon to set up shop in Montgomery County. Such offers prompt concerns that cities and states could overspend. Amazon has the strongest support in Atlanta, Indianapolis and Pittsburgh, according to a poll conducted in April by Elon University, and the strongest opposition in Denver and Austin.
In the Seattle region, Amazon employs 45,000 people and the company says it has created an additional 53,000 jobs, pushing the city's unemployment rate below four percent and fueling one of the hottest real estate markets in the country. Yet even in Seattle, the company is under attack and was the primary target of a payroll tax meant to raise money for affordable housing and programs for the city's growing homeless population. The city council approved and quickly revoked the tax after Amazon threatened to halt hiring in Seattle and shift it elsewhere, highlighting yet another benefit of having a second headquarters.
The city that wins Amazon's investment—even if it offers billions—will probably get a bigger tax base, climbing wages and property values and better job opportunities , says John Boyd, principal of The Boyd Company, a corporate site-selection firm in Princeton, New Jersey.
"This is the largest project in economic development history, and the city that wins Amazon will reap benefits for years," Boyd says. "The danger Amazon faces is the longer this drags out, the greater the PR risk in this populist climate."
—Bloomberg News
Source: http://adage.com/article/digital/amazon-s-hq-bake-puts-corporate-welfare-spotlight/314854/
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Employers Can Limit Cellphone Use to Reduce Distracted Driving
Distracted driving not only puts lives at risk, it also exposes companies to legal liability and lost productivity when their employees are the ones texting, talking on the phone, taking selfies, posting to social media or engaging in other risky activity behind the wheel.
As smartphones and their many addictive apps become an integral feature of work and personal life, experts recommend that employers implement and enforce effective safe-driving policies to protect employees and the public, shield themselves from legal damages, and improve the bottom line.
“A couple of things are shifting. Companies are increasingly recognizing not only their duty of care to their team members—their employees—but also to the communities they serve,” said Joe Boyle, CEO of distracted-driving technology firm TRUCE Software in Lisle, Ill. “The conversations are shifting because the behaviors are becoming more and more egregious and more dangerous,” with people recording videos of themselves and watching sports events and feature-length films while driving, he noted. “The world is very quickly recognizing that the distractions are broader than they used to be, they’re far more pervasive and they’re far more addictive.”
Since drivers make more than 200 decisions during every mile traveled, it’s critical for employers to stress that when [employees are] driving for work, safe driving is their primary responsibility, says OSHA.
More than 3,300 people are killed and 400,000 injured in the United States each year in distracted-driving crashes, according to the Association for the Advancement of Automotive Medicine. Distracted driving plays a role in 25 percent to 30 percent of all traffic crashes, according to the U.S. Occupational Safety and Health Administration, which notes that even employees’ off-the-job crashes can be costly for an employer.
“More time on the road means less time at home or at work, but ‘drive time’ can never mean ‘down time,’ ” OSHA says on its website. “Since drivers make more than 200 decisions during every mile traveled, it’s critical for employers to stress that when [employees are] driving for work, safe driving is their primary responsibility.” The agency’s website includes guidance for establishing safe-driving programs.
Even hands-free mobile devices pose a risk by causing “inattention blindness” and “cognitive distraction,” according to the National Safety Council, which encourages employers to prohibit employees from using cellphones while driving and offers a free safe-driving kit.
Most U.S. states and territories prohibit texting for all drivers, and 16 states and Washington, D.C., have banned all drivers from using hand-held phones.
Nonetheless, the National Conference of State Legislatures reports, at any given moment during daylight hours, more than 800,000 vehicles on U.S. roadways are being driven by people using hand-held phones.
“What I see is we keep tweaking the laws, and [one] reason laws don’t work is they’re very, very hard to enforce. The other reason is that distracted driving has become so pervasive,” said Douglas Horn, lead attorney at Horn Law in Kansas City, Mo. “I don’t believe the laws are going to be the future.”
For employers, announcing a safe-driving policy isn’t enough to prevent accidents and avoid liability, according to experts. Instead, they say, companies need to train and educate employees and enforce their distracted-driving policies.
You’ve got to have a policy, Horn said, “but just because you have a policy doesn’t absolve you either.” As a plaintiffs’ lawyer, he examines employers’ safe-driving policies and checks if companies are doing anything to integrate the practices into the workplace and educate employees.
An employer that has a policy but neglects to educate its workers may be creating evidence that the firm recognizes distracted driving as a problem and pays lip service to the need to address it but does little to enforce the policy, Horn explained.
Numerous companies, including those with policies to prevent distracted driving, have had to pay millions of dollars in jury awards and settlements after their employees caused auto accidents while using cellphones on the job.
In late 2016, textile manufacturer Unifi Inc. agreed to pay $3.75 million to a couple who’d been injured when one of its drivers hit their car while using a mobile phone. The company banned its drivers from using phones behind the wheel.
While Unifi had previously implemented a policy limiting drivers to two minutes of phone use, with a hands-free device, the couple’s lawyer argued that the company hadn’t enforced the policy and that logs showed the driver had used his phone for most of his shift.
Years earlier, Texas jurors returned a roughly $21 million judgment against Coca-Cola after one of its employees was involved in an auto accident while talking on a cellphone. The employee had been using a hands-free phone in keeping with a company policy that Coca-Cola said exceeded state legal requirements.
“If we really want to get to the heart of the problem, we need a sustained, comprehensive driving safety program [for all employers] that will work 24/7 and not just when [the employers] have a safety meeting,” Horn said. “We need a clear, concise and memorable message that employees will hear over and over again … so that every day, driving safety is before them.”
Horn offers a free model program, Drive By Example, that he says communicates a simple, positive message to “Drive alert, buckled, cautious and defensive.” He suggested that companies make driving safety part of their wellness programs and that safety should be part of any company’s efforts to be socially conscious.
TRUCE Software’s Boyle said a pharmaceutical customer found that productivity increased among its top salespeople and they were more focused after the company introduced technology from his company that allows employers to restrict employees’ cellphone use while driving, whether they use company-issued or personal devices.
Other clients’ team members similarly comment that driving is more pleasant and that they feel more productive, according to Boyle, who added that customers quickly see a significant reduction in accident rates. Companies can use the technology not only for driving, but also for safety on oil rigs, construction sites and heavy equipment, he noted.
“You’re going to be able to get the things that you need, but you’re not going to watch Manchester United playing in the Premier League when you’re driving down the road,” Boyle said. “You’re not going to update your Facebook status when you’re driving down the road hauling a load of natural gas.”
Dinah Wisenberg Brin is a freelance writer and journalist based in Philadelphia.
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10 To Watch : 12219
10 To Watch FOR THE WEEK OF JANUARY 21 : Mayor’s Edition
More brands are "tangling with political and social issues in their advertising campaigns.” However, most Americans “would rather they don't try the same thing during the Super Bowl," according to the Wall Street Journal. Viewers are "likely to get what they want." The WSJ poll shows two-thirds of consumers "call the Super Bowl an inappropriate place for advertisers to make political statements." Baby boomers in the poll "disapproved of political Super Bowl advertisements more, at 77%, than younger cohorts such as millennials (55%) and Generation Z (43%)." Only 35% of Generation Z respondents "called political Super Bowl ads 'very' or 'somewhat' appropriate." The Super Bowl has "featured political ads before, most notably" in Super Bowl LI, which "took place soon after President Trump's inauguration." A year later, Super Bowl LII was "less overtly political, but still included” a Coca-Cola ad promoting unity, a T-Mobile USA Inc. diversity theme, and a Dodge Ram Trucks spot using audio of a Martin Luther King Jr. speech in an ad that promoted public service. Marketers have not "shown any inclination to charge into hard-core politics or social controversies" during Super Bowl LIII. However, with the country as divided as it is, themes imploring diversity, unity, and inclusion will no doubt make their way into the February 3 broadcast.
In its eighth consecutive installment, The POWER 100, Horrow Sports Ventures’ proprietary annual ranking of the most powerful athletes in sports, uses a complex statistical model to accurately compare performance and influence through on-field (50%) and off-field (50%) attributes. Athletes are then ranked based on POWER to find the TOP 100. Among interesting results: Serena Williams is not ranked for the first time ever. Her performance slowed after taking some time to start a family, and some controversial moments may have hurt her brand. Expect a strong bounce back once she’s back on schedule. Tom Brady (14), in the cusp of playing in yet another Super Bowl, has hit his highest ranking in recent memory, a nearly 54 place increase since last year. And the stellar play of NBA’er Giannis Antetokounmpo continued on the court and has paid dividends off the court as well, as he placed 8th. Top endorsement earners were Roger Federer (12) taking home $58 million in off court sponsorships and LeBron James (10) with $56 million. The highest place rookie from any sport is quarterback Patrick Mahomes, who finished 20th in the rankings and came within minutes of reaching the Super Bowl on Sunday.
Golf also got some encouraging news this week from the market research firm NPD Group, which reported that the golf market “has not only recuperated but experienced a significant uptick in sales” in the past 12 months, resulting in an 8% year-over-year increase up to $2.6 billion. “The macro environment for golf has been in a turbulent state, fueled by Golfsmith’s bankruptcy, major brands cutting back on their golf business, and courses closing. But today, we’re starting to see normalization in the market as those deep holes are now being filled,” said Matt Powell, vice president and senior industry advisor of the NPD Group. The industry saw increases across every product category. Clubs, which make up 50% of the category, grew by 7%, while equipment accessories such as balls (6% increase), gloves (7% increase), accessories (21% increase), and training aids (13%) also made positive strides in 2018. Callaway, Titleist, and Wilson were the fastest-growing brands among the top-10, joining TaylorMade and PING as the other two members of the top-5. With Baby Boomers retiring every day, great opportunity exists to introduce thousands of new retirees to golf. Combine that with a good economy, Tiger’s resurgence, and thrilling up and comers in the game and you have the makings of a stable industry.
It’s official: Austin will be the 27th MLS franchise. Last week, MLS Commissioner Don Garber recognized Austin FC as the league's 27th team, with the expansion franchise "set to begin play" in the spring of 2021 at a privately-financed, 20,000-seat stadium at McKalla Place in North Austin, according to the Austin American-Statesman. While the team will be majority owned by Austin FC Chair and CEO Anthony Precourt, he also "plans to announce local investors soon." Austin FC is the first pro franchise for the Texas capital in any of the Big Five major American sports leagues. Team officials "hope to break ground at the stadium site by September and are finalizing plans that would allow construction to begin on a training facility at a yet-to-be-named private site." Last year, Precourt made his intentions known to purchase the Columbus Crew with a clause that would eventually let him move to Austin. But that deal was basically scuttled by passionate Crew fans. Precourt’s biggest challenge in Austin: competing with rabid University of Texas fans, especially now that UT’s football team is once again on the rise.
The University of Texas athletic department had more than $219 million in "annual operating revenue and total operating expenses" of just over $206.5 million during FY 2018, according to USA Today. This is the second consecutive year in which UT has had more than $200 million in both "operating revenues and expenses," as UT was at nearly $215 million in revenue and $207 million in expenses for FY 2017. Comparatively, the University of Michigan reported spending $175.4 million in 2017, and the University of Alabama's "total athletics revenue" for FY 2018 was $177.5 million -- up from FY 2017's $174.3 million that was "then a school record," according to the Birmingham News. Texas A&M also reported more than $200 million in revenue in 2017, but that amount was boosted by almost $93 million in "contributions received and spent by the department during that year, as the school continued a facilities-spending boom." UT attributed this impressive revenue to the school's football program at $144.5 million, a total that was "more than the total athletics operating revenue reported" for FY 2017 by all but 12 NCAA D-I public schools.
New Jersey’s total 2018 sports betting handle reached $1.24 billion at casinos, racetracks, or through online or mobile betting platforms. However, the numbers "flattened out during December after a record-setting November in sports books around the state and online," according to the Asbury Park Press. The "total handle in the state fell" from $330.7 million in November to $319.2 million in December, a 3.5% decline. Gross revenues also "fell" from $21.2 million to $20.8 million. The Press of Atlantic City notes the opening of two "new casino properties, the introduction of legalized sports betting and the continuous growth of internet wagering all contributed to a total gaming revenue increase of nearly" 8% in New Jersey from 2017-2018. In December, the gaming industry generated $247.4 million in revenue, a nearly 20% increase from the same month in 2017. In December alone, more than $319 million was "bet on sports" in the state. The end of year downtick means there is even more scrutiny on producing big numbers off Super Bowl LIII next month.
CBS Sports HQ plans to livestream 30 hours of content for Super Bowl week.CBS Sports’ free sports streaming network will air more than 30 hours of live, original programming during the week of Super Bowl LIII, including daily shows from Radio Row starting January 28, on-site daily reports, ten hours of original pregame coverage on game day, post-game analysis, and highlights. According to Marketing Dive, programming will include "Off The Bench with Kanell and Bell," Pick 6 Rundown, Reiter's Block and CBS Sports HQ Extravaganza which is a Super Bowl pregame show featuring a competition between CBS Sports Digital crew and a mix of current and former NFL players every hour before kickoff. This year's Super Bowl will be streamed across more platforms than ever before including online, through the CBS app for connected TV devices, tablets, and mobile phones, and via the CBS All Access subscription service. This highlights the shift from TV networks investing more in their digital offerings to give fans more control of what and how they watch
Barstool Sports has rolled out a premium “Gold” Memberships that has racked up 10,000 paying subscribers in just three days. Out of the 10,000 + subscribers, the sports and pop culture blog claims that 81% signed up for the $100 annual subscription. According to Digiday, Barstool Gold is a tiered membership product that offers everything from exclusive content and merchandise, early access to events and office tours, and meet-ups with Barstool personalities. The lower tier costs roughly $1 per week and higher membership tier costs roughly $2 per week and comes with a few extra perks for diehard fans. The launch of Barstool Gold comes at a time when the company has grown to more than 130 employees. Today, commerce accounts for half of Barstool’s revenue, roughly 35%-40% coming from advertising, and the rest draws from emerging business areas including the Rough N’ Rowdy pay-per-views and other live events, as well as a growing licensing business based on Barstool-owned intellectual property. Although controversial, Barstool Gold is a way to insulate the publisher from external sports media giants who find the content too reckless and provide a platform for Barstool to make itself into a major player in the sports entertainment industry
Esports speedrun marathon Awesome Games Done Quick (AGDQ) 2019 raised over $2.39 million for charity. AGDQ is one of two speedrun marathons hosted by GamesDoneQuick every year that bring in thousands of viewers to watch all types of speedruns in the name of charity. This year the speedrun, which is completing part or all of a video as fast as possible, raised funds for the Prevent Cancer Foundation and more than 46,000 donations. To date, Awesome Games Done Quick and its companion event, Summer Games Done Quick, have raised more than $19 million for their respective charities while peak viewership of their most recent event reached 219,240 concurrent streams on Twitch. The next event by GDQ will be the Summer Games Done Quick (SGDQ) which runs June 23-30 in Bloomington, Minnesota. After the 131 games were speedrun, it is safe to say that both the viewership and donations from the world of esports continue to grow and GamesDoneQuick is at the forefront of the esport charity sector
Detroit Lions owner Martha Ford joins forces with her team’s players to pledge $600,000 to community efforts. According to the Detroit Free Press, Ford and Lions’ players pledged a combined $600,000 to help launch the new "Detroit Lions Inspire Change" initiative around the city. The money will help fund three causes chosen by players in a process that was set in motion after eight Lions players took a knee during the singing of the national anthem in a 2017 game against the Falcons. A'Shawn Robinson, Jalen Reeves-Maybin, and Steve Longa are the three players who remain with the team after protesting social injustices. Their donations will help fund scholarships for three groups including families who've lost service members through the Tragedy Assistance Program for Survivors (TAPS); a youth development arm of the Detroit Police Department called the Detroit Youth Violence Prevention Initiative (DYVPI); and students at Detroit Lions Academy. Additionally the funds will be used to provide clean drinking water in Detroit public schools, help the CATCH charity for children, and aid Mariners Inn for homeless men. Under "Detroit Lions Inspire Change," players will be able to directly take action for social justice initiatives.
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6 Unconventional Social Channels for B2B Marketing
This just in: B2B doesn’t have to be boring! People who are on B2B buying committees like to be entertained just as much as everyone else. They use the same social media sites as B2C consumers do, too. Sorry to drop so many knowledge bombs in one paragraph. Take a minute to let it all sink in. Okay, so maybe self-isolation is making me more snarky than usual. I’m glad that we don’t have to constantly explain why B2B marketing not only can be, but must be relatable and creative. But there’s one mental obstacle most of us are still struggling with: The idea that social media marketing (outside of LinkedIn) is mostly for our B2C colleagues. We’ve accepted that we should have a Twitter account or a Facebook page, but that’s where a lot of organizations draw the line. I get it. I’m over 40. The social apps the kids are on these days are confusing and frightening. Back in MY day, Tik Tok was a Ke$ha song, and I didn’t like it, because I was already too old to listen to Ke$ha. But the kids these days are rapidly becoming the adults of tomorrow. Millennials are all over 20. Gen Zers are exiting college and entering the work force. They’re the next wave of B2B decision makers, and we need to reach them on relevant channels. Let’s take a look at some of the apps that B2B marketers may be overlooking, and evaluate whether they’re worth a shot.
Slam Dunk: Instagram
Many folks who read this will think, “Instagram is a lesser-known channel? What?” But the rest will think, “Instagram has B2B marketing on it? What?” So it’s worth an inclusion. Instagram has 1 billion accounts, with 500 million daily active users. Of these, 200 million visit at least one business page daily. There are many B2B businesses that are killing it with their Instagram pages. For inspiration, check out General Electric, and my favorite, Life at IBM. While IBM has a main corporate page, this spinoff is focused on what employees do in their off time. It’s an amazing way to humanize the brand. If you’re already on Instagram but haven’t started making Stories yet, it’s worth giving it a shot. Stories are rapidly becoming the primary way people consume content on Instagram. Creating these mini-movies is surprisingly simple, but the creator tools are also robust enough to make eye-catching content on the fly.
Proceed with Caution: Reddit
Ten years ago, Reddit was the bratty new kid on the block. Their primary goal was to promote uncensored, self-moderated content channels. That led to plenty of creativity and community-building, but also a dark side that most brands wouldn’t want to be associated with. Recently, Reddit has rebranded as a safer place for brands to come and play. They’ve removed hateful and offensive content and are focused on more family-friendly fare. That said, there are still plenty of not-safe-for-work-or-life sub-communities (subreddits). But the site has a massive untapped audience that is generally receptive to relevant marketing. Reddit is unique in social networks in that you don’t post content on your personal page to generate a following. Instead, you post in specific sub-communities organized by topic. Each post lives or dies by upvotes and downvotes. You’re essentially starting from scratch with every post. If your target audience is on Reddit, it’s worth testing the waters with a few sponsored posts. Just keep it transparent, honest and genuine: There’s a whole subreddit devoted to mocking tone-deaf marketing.
Comeback Kid: Snapchat
Snapchat was the next big thing in social media… until it wasn’t. Instagram cloned the platform’s most popular features, usage declined, and not many folks invested in their content-enabling glasses. Even though they were brightly-colored and fun. But don’t write off Snapchat just yet. After a controversial redesign and a few missteps, the site is seeing growth again. It’s estimated that 62% of 18-29-year-olds use the app daily, for over 210 million daily active users. A few years back, we highlighted B2B businesses that were rocking it on Snapchat. Our advice hasn’t changed much for 2020: Keep it light, keep it spontaneous, and show your followers the behind-the-scenes, human side of your company.
Brand New Throwback: Twitch
Here’s a radical new idea for content: What if your content was only available on one channel, and viewers had to tune into that channel live to watch it? And what if after you were done, the content went away unless you or the viewer decided to record it? It may sound a lot like broadcast television, but (with the addition of some social and interactive elements) that’s essentially what Twitch is doing. The streaming platform began as a way for gamers to connect with an audience as they livestreamed gameplay videos. But the platform was useful for all kinds of creative streaming, from painting to sculpture to hilarious lectures about imaginary creatures. Is your audience on Twitch? The demographics skew heavily in the 18-34 demographic, squarely at the intersection of Millennial and Gen Z. Though the site skews heavily male right now (82% of users identify as male), those numbers are changing as the content moves away from its gamer roots. Brand content is sparse on Twitch now, but the platform offers compelling tools that make it easy to livestream and interact with viewers. It’s worth investigating the possibility of running podcasts or webinars on the platform, taking full advantage of Twitch’s infrastructure and interactivity.
Up-and-Comer: Tik Tok
Okay, I’m as frightened as you are, but we’ll get through it. In the early 2010s, there was an app called Vine that focused on short, mostly funny video. The site launched thousands of memes around the world, but ultimately imploded. Now TikTok is filling the void. It’s an app designed to make it easy to create and share short video, it’s exclusively mobile, and it’s beginning to expand past its young-gen-Z audience. In less than two years, TikTok has expanded its user base 5.5x in the U.S. It currently has 26.5 million active users in the states, and 500 million worldwide, and those numbers are steadily growing. Where does B2B fit in on TikTok? It’s still early days for even B2C marketers on the platform, so the rules are still being written. We do know that TikTok users are looking for short, low-fi videos that entertain. Be prepared to show off your brand’s lighter side. For inspiration, check out the Washington Post’s page. They’ve developed a quirky personality that’s a stark contrast to their more staid journalistic side. But with over 21 million likes, what they’re doing is clearly resonating with fans.
@washingtonpost????????????????????????????? Bebe - V.A.
Next Big Thing (?): Facebook VR
As I mentioned before, I’m over 40. Which means I’ve seen VR touted as the “next big thing” for 30 years now. Remember the cutting-edge VR in the 1992 cinematic masterpice Lawnmower Man? [caption id="attachment_28313" align="alignnone" width="1024"] Some of us will never forget.[/caption] But it seems like the tech is finally catching up to the hype. And now Facebook is launching a new VR social media site, just in time to engage folks who are going stir-crazy in self isolation. Will Horizons be the future of social media? It’s too soon to tell whether this will be a leap forward or a dead end. Still, it’s worth keeping an eye on for marketers as the site enters beta testing. Facebook’s built-in audience and bottomless pockets could make social VR an actual reality.
Branch Out Your B2B
B2B marketers should be exploring any channel where their audience is. While it’s easy to feel like the more younger-skewing platforms are optional, we ignore them at our peril. Adopting — and adapting our brand persona to — these channels is a necessary step to engage the next (and current!) generation of B2B buyers. On these channels, as in any other, the keys are authenticity, empathy, understanding what the audience wants on the channel, and respecting their desires. Follow @toprankmarketing on Instagram for our own behind-the-scenes shenanigans.
The post 6 Unconventional Social Channels for B2B Marketing appeared first on Online Marketing Blog - TopRank®.
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6 Unconventional Social Channels for B2B Marketing
This just in: B2B doesn’t have to be boring! People who are on B2B buying committees like to be entertained just as much as everyone else. They use the same social media sites as B2C consumers do, too. Sorry to drop so many knowledge bombs in one paragraph. Take a minute to let it all sink in. Okay, so maybe self-isolation is making me more snarky than usual. I’m glad that we don’t have to constantly explain why B2B marketing not only can be, but must be relatable and creative. But there’s one mental obstacle most of us are still struggling with: The idea that social media marketing (outside of LinkedIn) is mostly for our B2C colleagues. We’ve accepted that we should have a Twitter account or a Facebook page, but that’s where a lot of organizations draw the line. I get it. I’m over 40. The social apps the kids are on these days are confusing and frightening. Back in MY day, Tik Tok was a Ke$ha song, and I didn’t like it, because I was already too old to listen to Ke$ha. But the kids these days are rapidly becoming the adults of tomorrow. Millennials are all over 20. Gen Zers are exiting college and entering the work force. They’re the next wave of B2B decision makers, and we need to reach them on relevant channels. Let’s take a look at some of the apps that B2B marketers may be overlooking, and evaluate whether they’re worth a shot.
Slam Dunk: Instagram
Many folks who read this will think, “Instagram is a lesser-known channel? What?” But the rest will think, “Instagram has B2B marketing on it? What?” So it’s worth an inclusion. Instagram has 1 billion accounts, with 500 million daily active users. Of these, 200 million visit at least one business page daily. There are many B2B businesses that are killing it with their Instagram pages. For inspiration, check out General Electric, and my favorite, Life at IBM. While IBM has a main corporate page, this spinoff is focused on what employees do in their off time. It’s an amazing way to humanize the brand. If you’re already on Instagram but haven’t started making Stories yet, it’s worth giving it a shot. Stories are rapidly becoming the primary way people consume content on Instagram. Creating these mini-movies is surprisingly simple, but the creator tools are also robust enough to make eye-catching content on the fly.
Proceed with Caution: Reddit
Ten years ago, Reddit was the bratty new kid on the block. Their primary goal was to promote uncensored, self-moderated content channels. That led to plenty of creativity and community-building, but also a dark side that most brands wouldn’t want to be associated with. Recently, Reddit has rebranded as a safer place for brands to come and play. They’ve removed hateful and offensive content and are focused on more family-friendly fare. That said, there are still plenty of not-safe-for-work-or-life sub-communities (subreddits). But the site has a massive untapped audience that is generally receptive to relevant marketing. Reddit is unique in social networks in that you don’t post content on your personal page to generate a following. Instead, you post in specific sub-communities organized by topic. Each post lives or dies by upvotes and downvotes. You’re essentially starting from scratch with every post. If your target audience is on Reddit, it’s worth testing the waters with a few sponsored posts. Just keep it transparent, honest and genuine: There’s a whole subreddit devoted to mocking tone-deaf marketing.
Comeback Kid: Snapchat
Snapchat was the next big thing in social media… until it wasn’t. Instagram cloned the platform’s most popular features, usage declined, and not many folks invested in their content-enabling glasses. Even though they were brightly-colored and fun. But don’t write off Snapchat just yet. After a controversial redesign and a few missteps, the site is seeing growth again. It’s estimated that 62% of 18-29-year-olds use the app daily, for over 210 million daily active users. A few years back, we highlighted B2B businesses that were rocking it on Snapchat. Our advice hasn’t changed much for 2020: Keep it light, keep it spontaneous, and show your followers the behind-the-scenes, human side of your company.
Brand New Throwback: Twitch
Here’s a radical new idea for content: What if your content was only available on one channel, and viewers had to tune into that channel live to watch it? And what if after you were done, the content went away unless you or the viewer decided to record it? It may sound a lot like broadcast television, but (with the addition of some social and interactive elements) that’s essentially what Twitch is doing. The streaming platform began as a way for gamers to connect with an audience as they livestreamed gameplay videos. But the platform was useful for all kinds of creative streaming, from painting to sculpture to hilarious lectures about imaginary creatures. Is your audience on Twitch? The demographics skew heavily in the 18-34 demographic, squarely at the intersection of Millennial and Gen Z. Though the site skews heavily male right now (82% of users identify as male), those numbers are changing as the content moves away from its gamer roots. Brand content is sparse on Twitch now, but the platform offers compelling tools that make it easy to livestream and interact with viewers. It’s worth investigating the possibility of running podcasts or webinars on the platform, taking full advantage of Twitch’s infrastructure and interactivity.
Up-and-Comer: Tik Tok
Okay, I’m as frightened as you are, but we’ll get through it. In the early 2010s, there was an app called Vine that focused on short, mostly funny video. The site launched thousands of memes around the world, but ultimately imploded. Now TikTok is filling the void. It’s an app designed to make it easy to create and share short video, it’s exclusively mobile, and it’s beginning to expand past its young-gen-Z audience. In less than two years, TikTok has expanded its user base 5.5x in the U.S. It currently has 26.5 million active users in the states, and 500 million worldwide, and those numbers are steadily growing. Where does B2B fit in on TikTok? It’s still early days for even B2C marketers on the platform, so the rules are still being written. We do know that TikTok users are looking for short, low-fi videos that entertain. Be prepared to show off your brand’s lighter side. For inspiration, check out the Washington Post’s page. They’ve developed a quirky personality that’s a stark contrast to their more staid journalistic side. But with over 21 million likes, what they’re doing is clearly resonating with fans.
@washingtonpost????????????????????????????? Bebe - V.A.
Next Big Thing (?): Facebook VR
As I mentioned before, I’m over 40. Which means I’ve seen VR touted as the “next big thing” for 30 years now. Remember the cutting-edge VR in the 1992 cinematic masterpice Lawnmower Man? [caption id="attachment_28313" align="alignnone" width="1024"] Some of us will never forget.[/caption] But it seems like the tech is finally catching up to the hype. And now Facebook is launching a new VR social media site, just in time to engage folks who are going stir-crazy in self isolation. Will Horizons be the future of social media? It’s too soon to tell whether this will be a leap forward or a dead end. Still, it’s worth keeping an eye on for marketers as the site enters beta testing. Facebook’s built-in audience and bottomless pockets could make social VR an actual reality.
Branch Out Your B2B
B2B marketers should be exploring any channel where their audience is. While it’s easy to feel like the more younger-skewing platforms are optional, we ignore them at our peril. Adopting — and adapting our brand persona to — these channels is a necessary step to engage the next (and current!) generation of B2B buyers. On these channels, as in any other, the keys are authenticity, empathy, understanding what the audience wants on the channel, and respecting their desires. Follow @toprankmarketing on Instagram for our own behind-the-scenes shenanigans.
The post 6 Unconventional Social Channels for B2B Marketing appeared first on Online Marketing Blog - TopRank®.
6 Unconventional Social Channels for B2B Marketing published first on yhttps://improfitninja.blogspot.com/
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Ghost Town, v01, Dos Cabezas, AZ (1879), USA
Doz CabezasAZ (about 1879, population <25), height 1,549 m (1582 m)
• The "ghost town" aesthetic of this entrance works the surprise Furthermore
"The Dos Cabezasite is the only person on the globe who can sit and smile calmly and smiles again under conditions and adversities that would drive a vicious devotee of the Lamb crazy.When Gabriel blows his horn, he will find some of those ingenious ancients Fellows who sit on a rock and tell about the promising future of the camp or how rich the juniper mine is. "-Grave stone EpitaphApril 28, 1887
• Dos Cabezas, AZ is a "living" Sonoran Desert Ghost town with few remaining inhabitants • in the Sulfur Springs Valley [[[[photo]from Cochise County • lies next to the Dos Cabezas ("Two Heads") mountains, named after the two bare peaks
• A historically significant source of drinking water, formerly known as Dos Cabezas Spring, is about half an hour away. southwest of the city on the old Southern Emigration Patha main artery of the Move west • The path descends from below into the valley Apache Spring by Apache Pass
On September 4, 1851, John Russell Bartlett & his Boundary Survey The Commission was located to the west in an area that had been Spanish / Mexican territory for more than 300 years worn in the US in 1848, end of controversial The Mexican-American War, but much of the southernmost region of Arizona and New Mexico remained under the Mexican flag. Bartlett's mission was to work with a Mexican Surveying Team to formally define the post-war US-Mexico border
• The survey was a prelude to the years 1853-54 Gadsden purchase which acquired 29,670 square kilometers for $ 10 million. of the Mexican territory south of the Gila River, Including Cochise County • The deal was signed by the president Franklin Pierce, a northern anti-abolitionist ("TeiggesichtDemocrat • It should facilitate the development of a road, canal and / or railway in New Orleans-LA and open southward expansion to the south, apparently ignoring the fact that an economy based on slave cotton probably not thriving in the desert – "Cochise and his times"
• With drinking water, a precious commodity for two- and four-legged desert travelers, Apache Spring – like many water holes – became the scene of a stagecoach stop. C. 1857 • was operated by the San Antonio-San Diego "San-San" line, commonly known "Jackass Mail" • Chiricahua Apache Attacks made the Apache Pass the most dangerous stop on Birkenstrasse[[[[map], named after company owner James Birch (1827-1857) –The West is connected
• the 1,476 mi. Only daylight driving – with daily stops for 2 meals (45 min. Each) and team change (5-10 min.) – usually it took less than 30 days and could be up to 22. • One way is $ 150. Meals and £ 30 luggage included –Deconstruct the Jackass Mail Route
• The Jackass Line had a fleet of High speed trolley (mud)Vehicles suitable for transport in case of strong heat in rough terrain. Concord stagecoaches [[[[photo]made by the Abbot Downing Co. in Concord, NH
"It was no joke to sit in the hard seat, now against the roof and now against the side of the car." Under the passenger compartment, wide leather straps called "full-length braces" sat in the carriage, causing them to move Motion sickness was a common complaint, and ginger root was the preferred remedy. "-Historynet
• Each stage accommodates 9-12 passengers on three benches and up to 10 others on the roof • The coaches were drawn by four- and six-mule teams. • The company kept 200 upper mules in its western coasts
The bus was equipped with three seats, which were occupied by nine passengers. As the occupants of the front and middle seats faced each other, these six persons had to lock their knees; and only for ten of the twelve legs there was room, each side of the coach was adorned by a foot that dangled now on the bike and now tried in vain to find a base … "-The story of stagecoaches in Tucson, ArizonaBob Ring
• Tips For stagecoach travelers, Cowboy Chronicles
• The passenger experience, Desert USA
"The company recommended to every passenger: … with one Sharp's rifle(Not carbine,) with equipment and a hundred cartridges, a dark blue Colts revolver and two pounds of bullets, belts and holsters, knives and scabbards … "-San Diego Herald November 21, 1857
• The stations of the line were built 10 to 40 miles. apart from • a few basic bedding options provided; Everyone had water for passengers, drivers ("Whips") and their teams • equipped with corrals, the depots served as relay stations where drivers and draft animals were exchanged. • "Rocking Stations" did not offer meals, but larger "home stations," often run by families, were "eating stops":
"… hard beef or pork fried in a dirt-blackened pan, coarse bread, mesquite beans, a mysterious concoction known as slumgullion, deadly black coffee, and a" nasty mixture of dried apples "that spread masked under the name apple pie. "-True West
• In September 1857, Jackass founder James Birch, who sailed to Panama via California, was lost at sea along with 419 other passengers and 30-pound pounds. made of gold in the S. S. Central America Disaster • in the same month the Butterfield Overland Mail line[[[[photos]From St. Louis to San Francisco, it gradually began to displace the Jackass Line and absorb many of its stations
• around 1858 a new fortified stone camp, Ewell's Stage Station [[[[photo]rose 4 mi. south of Dos Cabezas Spring • It's unclear which stage lift the building has built, but when Jackass Mail was completed, Butterfield-Overland later left the decision to bypass "Ewell's." In 1861 it was in ruins, which were destroyed by Apaches
• The name Ewell continued to live in a tiny, heavily populated settlement Ewell Springs & at Dos Cabezas Spring, renamed Ewell's Spring when the original station was built. • In 1879, the National Mail & Transportation Co. had set up a new Ewell's station
Born in Virginia Richard Stoddert "Baldy" Ewell (1817-1872) was captain of the first US dragoons, which were stationed in the 1850s in the southwest. He resigned from the US Army in 1861 to join the Confederation. • served in the Civil War as Commander-in-Chief under Stonewall Jackson & Robert E. Lee • It has been argued that his decisions In the Battle of Gettysburg may have decided the outcome of this engagement
• During Ewell's service in the West, Gila Apache raided the Southern Emigrant Route and demanded a military response. • He campaigned for an unrestricted fight: "How can the devil stop a soldier in the midst of battle and summon a jury of mattresses to decide if he has a redshin to throw bullets into the soldiers is a woman or not . "• the 1857 Bonneville Expedition, in which Ewell commanded about 300 men, who committed themselves on the river Gila against Apache
"… the fight on June 27 … was short and sweet … Ewell went away with the lion's share of the honors … Hardly an Apache escaped, nearly 40 warriors were killed or wounded and 45 women and children were captured … Ewell was unreservedly recognized as the hero of the day, his rampant leap to action destroyed the Western Apaches and forced them to seek peace. "-Robert E. Lee's hesitant commanderPaul D. Casdorph
• From Lt. John Van Deusen Du Bois & # 39; report on the engagement: "An Indian was wounded, and his wife carried him to the Chaparral in the arms and covered him with a brush when the troops came upon them and killed both of them Indian was arrested and taken out by Col. Bonneville's request or express command with bound hands and shot like a dog by a Pueblo Indian – not 30 yards from the camp … May God never allow the Native American fight make me a thug or I'm hard, so that I can behave the coward in this way … "-Journal of the History of Arizona, Vo. 43, No. 2, Arizona Historical Society
• c. Around 1850, gold veins and some gold nuggets were discovered around the Ewell's station in the 1860s wildcatters Gold found on both sides of the Dos Cabezas series • In 1862, claims were made near the mountains and around the Apache Pass.Index of Mining Properties
• In 1866, Congress passed a mining law that in 1872 proclaimed "Minerals of Public Interest … free and open to exploration and occupation." additional stimulus was provided to "promote the exploration and development of minerals in the western United States",Congress Research Service
• John Casey (1834-1904), an immigrant from Ireland, had made the first important statement in the area of Dos Cabezas in 1878. • Juniper (locally known as "Casey Gold") was only 3 km northeast of Ewell Spring • John and his brother Dan moved to a hut on site. • At the end of the year, a dozen employees worked in the mine
• The news that Casey Pay Dirt & Word had hit that soon a station in the South Pacific would be built in Willcox – only 14 miles. Dozens of prospectors lured, z. B. Simon Hansen (1852-1929), a recent immigrant from Denmark who claimed 27 claims. • With the arrival of the new settlers, a small school was built on October 20, 1878, the Dos Cabezas The mining district was officially determined
• 1879 the Arizona Miner reported rich silver and gold deposits, claiming to have 2,000 residents at Ewell Springs. • Other reports indicate that the local population is unlikely to exceed 300 before 1920The persistence of mining settlements in the Arizona countrysideJonathan Lay Harris, 1971
• In the midst of the rapid growth of 1879, the settlement of Ewell Springs was replaced by Dos Cabezas, a town with its own post office, just above Ewell. • John Casey is widely regarded as the founder • Mississippi-born James Monroe Riggs (1835-1912), once a lieutenant colonel in the Confederate Army, became Post Cabezas' first postmaster and opened a shop he was Traveler's Rest named
• In 1880 there were ~ 30 mud houses and 15 families in the up-and-coming city. • In 1882, the year of the city newspaper, 65 voters were registered Dos Cabezas Gold NoteIn 1884, 42 students wrote the school of the city
• At its height, Dos Cabezas had ~ 50 buildings, 3 shops, 3 salons, 2 dairies, joineries, telegraphy, a commercial shop, a barber shop, a butchery, a brewery, a brickyard, a hotel, a ballroom, a boarding house, a blacksmith shop , 3 stables, 3 stamp mills For gold ore and about 300 inhabitants, however, the population consisted of at least 1,500 prospectors, miners and other mining companies. Employees who live in the nearby mountains and valleys –Books in Northport
• Dos Cabezas ("Two Heads") was often spelled and pronounced "Dos Cabezos", with an "o" replacing the second "a" in "Cabezas". • The postmaster chose both spellings, as seen in the city postmark • the English translation by Dos CabezOs is "Two Peaks", undoubtedly a more accurate – albeit less poetic – description of the twin peaks than the original, since the flawed version was only registered at the US Post Office in Washington DC interchangeable spellings persist into the 20th century
• The railroad arrived in Arizona in 1880, a station was established in Willcox, and shabby Scottish-born miner John Dare Emersley (1826-1899) arrived at Dos Cabezas to search for mineral deposits. • JD was a graduate of the U. of Edinburgh, a scientifically accomplished writer and botanical collector with drought-tolerant grass, who named after him Muhlenbergia emersleyi (bull grass) • was a correspondent for the Engineering & Mining Journal • several other journals, including Scientific American him
According to a miner who knew him, Emersley was apparently a greedy-and unusually tall-knight: "Every Old Settler in the Globe District remembers Emersley, a three-meter-long scotchman who had more claims than he could work, and jumped more than he could hold. "-Arizona silver belt (Globe, AT), January 6, 1883
• The Scotchman soon found a gold deposit and made about 20 claims. • He built a cabin nearby at an altitude of 6,000 meters and led a secluded life. He made a contract with God and vowed not to develop allegations from him, unless he received a sign from above. Nevertheless, the legally prescribed work to retain ownership of its claims produced several tunnels, one that Roberts, 160. The sign of God was never realized, and while Emersley was waiting for it, he died of scurvy
• shortly thereafter Starved to death among his richThe story of JD Emersley, a religious hermit who lived and died on a "copper mountain", appeared in newspapers across the country. • Emersley made his demand on the Lord to be used for the good of all humanity, though he did not wish for this last wish, the "Mountain of Copper" brought another wave of prospectors into the mining district and sparked a local copper boom out
• In 1899, a new town, Laub City, was dismissed at the mouth of Mascot Canyon, 3 km. on Dos Cabezas • John A. Rockfellow (1858-1947)[[[[photo], Author of The Log of an Arizona Trail Blazer, conducted the survey. • Rockefeller's sister was Tucson architect Anne Graham Rockfellow (1866-1954), an MIT graduate and designer of the landmark El Conquistador[[[[photo]• The site was near the Emersley claims acquired from the mines of Dos Cabezas Consolidated. Coastal coastline electrification required countless miles of copper power lines"Copper camp" like Laub City grew and prospered. The city grew and gained its own post office around 1900
• Laub City was named after (and possibly after) Henry leaves (1858-1926), a Kentucky-born investor from Los Angeles for German-Jewish immigrants. • He made his first fortune as a liquor dealer. • He later invested in mining, oil and real estate in Southeast Arizona
"There is every reason to believe that Dos Cabezas will be one of Arizona's largest mining areas" – Henry Laub, 1902
• A global increase in mining led to a decline in copper prices as supply outstripped demand. • Several mining experts collaborated to restrict production so as not to stabilize the market. Consolidated Mines financing had dried up in 1903. Laub City was a ghost town Cabezas also suffered from the mine closures, but was able to hold on to the operation of some mines
• In 1905, a Wales-born mining engineer, Capt. Benjamin W. Tibbey (1848-1935), with a "Mr. Page" in the city. • Ben Tibbey's mining career began as a child in a Welch mine. • Page was actually T.N. McCauley, a Chicagoer with a turbulent investment & finance career. • The two examined the mining district. McCauley had apparently stayed. Later, he claimed that he spent two years in Emersly's abandoned cabin. • He applied quietly and acquired claims on 600 hectares
• In June 1907, McCauley organized the Mascot Copper Company with a capitalization of $ 10 million and began large-scale development. • Euphoric reports of massive ore occurrences have appeared in the local press, e.g. B. "Many Thousands of Tons of Ore in Sight – Commandments for Real Estate" Fair to Become Arizona's Largest Copper Producer "
• In 1909, Mascot acquired control of Dos Cabeza's Consolidated Mines Co., the original Emersley claims that the Laub Group had bought. • McCauley launched a campaign to sell Mascot stock for $ 3 / share, later $ 4, and eventually $ 5. • His extravagant promotions included Investor & Press Junkets in the mine in private railroad cars, Food & Drink at the property's Hospitality House, and a substantial shareholder banquet at the Fairmont Hotel in San Francisco with the company logo, a swastika prominently displayed[[[[photo]"The management of the Mascot has a remarkable array of sensational crop coverages and few if other copper mining companies can achieve their enviable performance in terms of actual tonnage when in the same development phase." -Bisbee Daily Review, March 10, 1910
• although stock analysts familiar with McCauley's story con artist Their customers were warned that by August 1910, sales of $ 300,000 had been achieved. • The shareholders owned 25% of the company, the rest was retained by the promoters
• While actual mining and ore deliveries were limited, the company announced that in 1912 a store, a boarding house, employee quarters and a new office building had been completed when Mascot continued its costly expansion and occasionally shipped ore. Arizona Territory won statehood
• In 1914, the company founded Mascot Townsite & Realty Co. to sell land in a new town they developed at Mascot Canyon:
"UNUSUAL OPPORTUNITY FOR PERSONAL GAIN By buying a property on the MASCOT TOWNSITE This new city should have a population of 5,000 in a few years." – May 1915
• By 1915, the city of Mascot had been founded. • Houses that could be reached by winding paths climbed over terraces. • Residents built a community hall on a single day. • On Saturday, a band called "Merry Miners" was organized – nightly dances
"King Copper, the magician of magic, has once again raised his polished scepter – and once again a tiny minecamp, a mere patch of the Arizona landscape, got the industrial incentive that was soon to turn it into a factor to reckon with The tiny mining town of the past was Dos Cabezas The next town is Mascot – El Paso Herald, June 25, 1915
• within 10 years The city would have ~ 100 buildings and 800 inhabitants. • The children were taught at the Mascot School and a second school with 4 teachers. • Many of the city's boys "grew up with gold to earn money" – Arizona Republic, March 4, 1971
• Although most Mexican residents of the area lived in Dos Cabezas, some, such as Esperanza Montoya Padilla (1915-2003), lived in Mascot:
"I was born on August 28, 1915, in Mascot, Arizona … In the early days, when I was a small child, Mascot was very large and thriving, it was also a beautiful place, with lots of cottonwood and oak trees The school was on this street, along with a grocery store and even a pool hall, and there was a pastry shop in the pool hall where they sold treats like ice cream On the hill there was a community center where movies were screened, I remember silent movies with Rudolph Valentino, even the guys from Dos Cabezas came to Mascot because of the movies.
At Christmas, they set up a tree in the community center, and all the kids in the city got their Christmas gifts. There was a road that led from Dos Cabezas to Mascot and all sorts of houses along this road to the mine. Our house was on this street. I remember a time when all were Caballos – horses pulling wagons. Of course the cars came later. –Songs My mother sang to me
• On January 27, 1915, a celebration in Willcox marked the beginning of the construction of the Mascot & Western Railroad • A large crowd watched as a cheering T. N. McCauley turned the first shovel out of dirt. • The last spike – a copper – was taken at The Mascot Townsite on June 15, 1915, followed by a "monstrous grill" for 4000 guests[[[[photos]• Activities included a visit to a mine and the company's "2-mile" railroad (10.6000 & # 39;)[[[[photo]"I feel that this project can only be a good and lasting good, not just because the mascot is established, but because many people who have only known Arizona in the desert so far may be part of it take home with them the idea of permanence that we enjoy in this great community. "- HA Morgan, Bisbee Daily Review, June 27, 1915
• In 1916, a drought devastated the mining area – wells dried up, cattle died and many mines closed. • On July 1, 1917, American Smelting & Refining closed its 20th anniversary. Lease the Mascot property just to give up less than a year. later probably because the operation lost money
• Following the bankruptcy of Mascot Copper, McCauley reorganized the company through merger. • The "new" Central Copper Co. commenced operations on February 15, 1919. • McCauley developed a multi-level marketing concept in which shareholders became stock traders. • The price was set at $ 0.50 per share. Purchases are limited to $ 100 / person and $ 10 / month. Financing Available • The vendors used portable, hand-cranked projectors to film the property at small gatherings of prospects
• According to reports, 70,000 shareholders were invested and were astounded when the price fell 50% when the stock came on the market. • lawsuits have been filed. • In an advertisement published in several newspapers, McCauley denied any action against the company
By January 1924, McCauley reported that $ 4.5 million was spent on the new building. By 1926, 400 employees were on the payroll, but the production of the mines proved marginal. In 1927, shareholders were informed that copper and silver prices would decrease as a result of falling copper and silver prices. Minimum amount to cover operating costs
• The following year, the company was acquired by Southwestern Securities Corporation, a holding company. • At the end of 1929 there were only 26 employees left. • On February 29, 1932, Southwestern Securities acquired Mascot Company through a public auction for $ 100,000. • McCauley moved to Tucson, was involved in a bank scandal, fled to California, then disappeared without a trace –A story of Willcox, Arizona and the surrounding areaVernon Burdette Schultz
• with the failure of Central Copper[[[[photo]And the departure of the miners began Dos Cabeza's final descent, though not without distractions. • Despite frequent mine closures and the onset of the Great Depression, the city set up a team in the Sulfur Springs Valley Baseball League, which also includes a squad representing a C.c.c. Stock • Willcox had 2 teams in the league, the Mexicans and the Americans
• Among the dwindling population of Dos Cabezas was Jack Howard, the man who "sharpened the first tools that opened the first gold discoveries of the Dos Cabezas district" and spent his last 30 years. with Mary Katherine Cummings, the story "Big Nose Kate"[[[[photo], in movies as Katie Elder –Tombstone Daily Prospector
• John Jessie "Jack" Howard (1858-1930) was born in Nottingham, England. • As one of the first miners in the mining area of Dos Cabezas, he is remembered by Howard Peak and Howard Canyon. • lived in the hills near Dos Cabezas. • He remembered as a crazy guy hiding behind his hut in a manhole to shoot at intruders as they rode into range. • On the other hand, some of his colleagues, Dos Cabezans, thought he was friendly, • divorced his wife Mary, who was divorced according to court records. a hideous and unpleasant mood, coupled with frequent outbursts of fierce temper, until she made his life a burden he could no longer endure. "
Witnesses testified of Mary's insults against insults, which included calling Howard a white man, kept a dirty house, never washed dishes or clothes, and even threatened to burn down his house and poison his camp. " –He lived with Big Nose Kate, True West
• Mary Katherine "Big Nose Kate" Horony (1850-1940) was born in Pest (Hungary). Second oldest daughter of the Hungarian doctor Miklós Horony. • emigrated with her family to the US in 1860. • taken to a nursing home after her parents' death. • stowed on a steamer in St. Louis, where she became a prostitute • 1874 fined for work as an "athlete" (prostitute) in a "sports house" (brothel) in Dodge City, KS, run by Nellie "Bessie" Ketchum, wife of James Earp
• moved to Fort Griffin, TX in 1876. • met dentist John "Doc" Hollidaywho allegedly said that he considered Kate to be his intellectual equal. • Kate introduced Holliday to Wyatt Earp
• The couple fought regularly, sometimes violently. • According to Kate, she married in Valdosta, Georgia. • moved on to AZ territory, where Kate worked as a prostitute at the Palace Saloon in Prescott. They split up, but returned to Holliday in Tombstone[[[[photos]Claimed to have experienced October 26, 1881 Gunfight in the OK Corral out of her window C.S. Fly pension
• 19 years later Kate, almost 50 years old[[[[photo]& Divorcing an abusive husband was too old for prostitution long after her romance with Doc & • In June 1900, when she was employed at the Rath Hotel in Cochise, AT, she responded to a housekeeper for $ 20 / month , plus room and board • The ad was placed by Jack Howard. • Kate lived with him as an employee ("servant" according to the 1900 census) until 1930
• On 3 January, Kate went 3 miles. to the house of Dos Cabeza's postmaster Edwin White.
"Jack died last night and I stayed with him all night."
• Howard was buried in an unmarked grave in the cemetery of Dos Cabezas after living alone for 2 years. Kate sold the homestead for $ 535.30. • In 1931 she wrote the Governor of Arizona, George W.P. Hunt to take in the Arizona pioneers home in Prescott • Although foreigners were born and thus not admitted, she claimed that Davenport, Iowa, was their birthplace and was accepted. • She died 5 days before her 90th birthday. • was buried under the name "Mary K. Cummings" in the cemetery of the homeland. "Big Nose Kate, independent woman of the Wild West – Kyla Cathey
• The mascot mine was closed in 1930
• The Mascot & WesternRailroad ceased operations in 1931 – four years later the tracks were taken
• Dos Cabezas of the 1940s photos
• In 1949, the US Postal Department corrected the spelling of the city postal service from Dos Cabezos to Dos Cabezas
• mid-20th century Dos Cabeza's family[[[[photos]• The postal service of Dos Cabezas was discontinued in 1960
• In 1964, the city's population had dropped to 12
• McCauley's Mascot Hospitality House was part of the Dos Cabezas Spirit & Nature Retreat Bed & Breakfast[[[[photo]• Today, Dos Cabezas is considered a ghost town graveyard the main attraction of the city
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15 of the Most Successful Hispanic Entrepreneurs
No era in history has seen so many successful Hispanic entrepreneurs thriving as they do today. The U.S. Census Bureau predicts that 1 in 3 Americans will be Hispanic by the year 2060. As a result, count on even more Hispanic entrepreneurial success in the future.
Most Successful Hispanic Entrepreneurs
Take a look at 16 of the most successful Hispanic entrepreneurs in the United States.
Alberto ‘Beto’ Perez (Zumba Fitness)
Zumba Fitness took the exercise world by storm. Consider the last couple of decades. Beto Perez started the dancing aerobics business back in 2001. He began his career as an aerobics instructor in Columbia. And later came up with Zumba while improvising new exercise techniques for a class he was taking in America. You’ll now find Zumba Fitness classes available in around 200,000 locations in over 180 countries around the world. Estimates claim 15 million people currently take Zumba Fitness classes.
Jorge Perez (The Related Group)
Argentinean-born Jorge Pérez arrived in the United States in 1968. He just recently graduated from high school at the time. He settled in Miami where he set about building an affordable housing empire. Perez co-founded The Related Group with New York developer Stephen Ross. These days the company focuses on high-end condominiums. Perez has reached billionaire status. As a result, people now call him ‘the condo king of South Florida’.
Carlos Castro (Todos Supermarket)
El Salvador-born Carlos Castro founded the Todos Supermarket chain back in 1990. It became the first supermarket chain that directly catered to Latino shoppers in the Washington D.C. area. Castro proves an extra special case. He originally fled El Salvador and entered the US illegally. Officials deported him but he tried again. This time he legally and successfully immigrated and soon moved his whole family to the U.S. And eventually targeted a much-needed business niche.
Marcelo Claure (BrightStar and Sprint)
While Marcelo Claure is perhaps better known as the Chief Executive Officer of Sprint, his entrepreneurial journey actually began with his founding of mobile device distributor BrightStar. It was a massive success and serves over 200 carriers in 50 different countries and currently boasts annual revenues of over $7 billion.
Tony Jimenez (MicroTech)
Jimenez spent 24 years in active military service before beginning his own entrepreneurial journey. He served as a combat veteran and then later worked closely with the Department of Defense on a variety of platform transformation challenges. This work inspired him to found MicroTech who specializes in government and private sector IT issues and is now contracted to work on over a hundred Federal projects.
Maria Contreras-Sweet (ProAmerica Bank)
Originally born in Guadalajara, Mexico, Contreras-Sweet launched ProAmerica to be California’s first commercial bank started by a person of Latino origin in more than 35 years. Not satisfied with this huge success, she also launched Contreras-Sweet Enterprises as a marketing and research solutions company. His clients include the Pacific Gas and Electric Company, the Walt Disney estate and Coca-Cola.
Matias De Tezanos (AutoWeb)
De Tezanos is the CEO of AutoWeb.com which is a pay-per-click marketing network for automobile dealers and manufacturers. He is also something of a serial entrepreneur. He founded Hoteles.com as a hotel reservation site for Spanish speakers, then he created the online advertising network ClickDiario.com, and in 2011 he also founded BrokersWeb.com, a pay-per-click insurance advertising company.
Martha De La Torre (El Clasificado)
De La Torre founded El Clasificado, a directory of classified ads targeted at Latino immigrants back in 1988. She began her own start-up while needing to perform consulting jobs on the side to keep the business going, and she survived by recruiting talented work-study students from a nearby high school to help her run the business. The web presence was initiated in 1996 and it currently receives around 24 million page views every month.
Jordi Munoz (3D Robotics)
Munoz moved to the United States from Tijuana in 2007 and came to prominence after hacking the sensors of his Nintendo Wii controller to help create the first auto-piloted drone. After uploading a video of his antics online, Munoz was suddenly in demand to use his skills to help others with their projects. Still, an attractive investment opportunity, Munoz’s company 3D Robotics has raised something close to $159 million in venture capital.
Sofia Vergara (Entertainment)
The Colombian born actress is ranked the second World’s Highest-Paid Actresses of 2019 earning a whopping 44.1 million dollars. The star of the sitcom Modern Family is a co-founder of Latino World Entertainment, a multi-million-dollar media and talent agency.
Vergara has signed onto a flurry of endorsement deals in English and Spanish that continues to provide her with a slew of multimillion dollars checks. Her new denim brand, Sofía Jeans by Sofía Vergara; a fragrance line; and furniture line, Rooms to Go, is among her more lucrative entrepreneurial ventures.
Rea Ann Silva (Cosmetics)
Rea Ann Silva is a makeup artist and inventor of the iconic Beautyblender. Silva started selling Beautyblender, an edgeless sponge used to apply foundation, in 2002. In the summer of 2018, Beautyblender’s massive success enabled Silva to launch her own foundation line, Bounce. It comes in 40 shades — a far cry from the seven to 20 shades when she originally started.
The Beautyblender sold 9 million the past year and over 50 million since 2009. As a result, he famous product has been used by celebrities like Kim Kardashian West, Heidi Klum, and more. Now, Silva’s company says it’s projected to do $215 million in retail sales this year alone.
Geisha Williams (Energy)
Geisha Williams is CEO and President of PG&E leads, one of the largest combined natural gas and electric energy companies in the United States. PG&E employs more than 20,000 employees delivering some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. Williams is the first Latina to ever lead a Fortune 500 company.
Since joining PG&E, Williams has overseen the company’s move to bring nearly 33% of its energy from renewable sources. As a result, the power company has also become a leader in renewables integration, grid modernization, and smart-grid technologies, while also achieving the best electric reliability in company history.
Adriana Cisneros (Media)
Adriana Cisneros serves as CEO of Cisneros. This third-generation family-owned business focuses on media, digital and interactive, and real estate. She also serves as President of Fundación Cisneros. The non-profit organization dedicates efforts to improving education in the region.
Cisneros also serves in other capacities. For example, she is the co-chair of Endeavor Miami, a director and executive committee member of the Board of the International Academy of Television Arts & Sciences, a trustee of the Paley Center for Media, and a board member of MoMA’s Latin American acquisitions committee. She recently joined the boards of Parrot Analytics, The Knight Foundation, and the University of Miami.
Jessica Alba (Beauty Care)
Jessica Alba is the founder of The Honest Company and Honest Beauty, businesses that provide more than 101 safe and effective products for baby, personal care, cleaning and more. She’s a globally recognized business leader, entrepreneur, advocate, actress and New York Times bestselling author of The Honest Life, a practical guide for parents to create a safe and healthy life for their families. As a result, Alba was among the top twenty of Fast Company’s 100 most creative people in business, and one of Fortune’s 10 most powerful women entrepreneurs.
The Honest Company has donated over twelve million products and over 15,000 employee participation hours through its Honest to Goodness program.
Pete Maldonado (Food and Beverage)
Pete Maldonado co-founded Naples, Florida-based dry meat snacks maker Chomps. And he now serves as CEO. Launched in 2012, Chomps makes a diverse line of all-natural meat snack products. For example, the company makes paleo-friendly, gluten-free, Whole30-approved and non-GMO beef jerky sticks.
Chomps was recently ranked No. 62 on the Inc. 5000: The Most Successful Companies in America. This is the second appearance in a row on the Inc. 5000 for CHOMPS. The brand made a debut at No. 124 in 2018. The ascent to No. 62 is the result of more than 4,400% growth in revenue over the last three years. As a result, the company earnings in 2018 reached 21 million dollars
Image: Depositphotos.com
This article, “15 of the Most Successful Hispanic Entrepreneurs” was first published on Small Business Trends
https://smallbiztrends.com/
The post 15 of the Most Successful Hispanic Entrepreneurs appeared first on Unix Commerce.
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Insurance agents - Life insurance commissions?
Insurance agents - Life insurance commissions?
Hello everybody, I am hoping to find life insurance agents working with different companies. my question is what is the commission I can accept to receive from different publicly traded companies what offere not only auto, home and others but also life and disability?? I am currently working with Mutual Company and I am a captive agent and only receive 35-55% commission on any life insurance produce i sell and it seems like it was important for me before to work for a mutual company and never was conserned about low commission, but I am also getting invoved with Auto and home insurances and i am hearing that these public companies offer higher commission and let me tell you now days I want to get higher commission becuase the industry has slowed down for me and I am interested to make the most out of what I do right now... any information about commissions with different companies would be appreciated.... I am open to any advise, suggestion, information, and comments.... thank you all
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Jeffrey Epstein Pitched a New Narrative. These Sites Published It. https://www.nytimes.com/2019/07/21/business/media/jeffrey-epstein-media.html
Jeffrey Epstein Pitched a New Narrative. These Sites Published It.
By Tiffany Hsu | Published July 21, 2019 | New York Times | Posted July 22, 2019
After Jeffrey Epstein got out of the Palm Beach County jail in 2009, having served 13 months of an 18-month sentence resulting from a plea deal that has been widely criticized, he began a media campaign to remake his public image.
The effort led to the publication of articles describing him as a selfless and forward-thinking philanthropist with an interest in science on websites like Forbes, National Review and HuffPost.
The Forbes.com article, posted in 2013, praised him as “one of the largest backers of cutting-edge science around the world” while making no mention of his criminal past. The National Review piece, from the same year, called him “a smart businessman” with a “passion for cutting-edge science.” The HuffPost article, from 2017, credited Mr. Epstein for “taking action to help a number of scientists thrive during the ‘Trump Era’,” a time of “anti-science policies and budget cuts.”
All three articles have been removed from their sites in recent days, after inquiries from The New York Times.
Mr. Epstein pleaded guilty in 2008 to soliciting a minor for prostitution, a deal that he and his legal team negotiated after he was accused of sexually abusing dozens of young women and girls. Under its terms, he faced no federal charges and was made to register as a sex offender.
The agreement was brokered by R. Alexander Acosta, who was then the United States attorney for the Southern District of Florida and went on to become the labor secretary under President Trump. Two days after defending how he had handled the case in a news conference, Mr. Acosta resignedunder pressure.
The articles in praise of Mr. Epstein came about partly because of an online publishing model adopted by some news organizations that relied on outside contributors who often wrote for little or no pay, with little or no input from editors.
The article on the Forbes website was attributed to Drew Hendricks, a contributing writer. As The Times revealed in an article last week, he was not the author of the piece. Instead, it was delivered to him by a public relations firm, and he said he was paid $600 to attach his byline and post it at Forbes.com.
Mr. Hendricks said he had not been aware of Mr. Epstein’s history. “All I knew was, this is a guy doing a science thing,” he said. “If I had known otherwise, I wouldn’t have done it.”
Forbes removed the item last week “for failing to meet our editorial standards,” it said in an editors note on the page.
Randall Lane, the chief content officer of Forbes Media, said an article like the one attributed to Mr. Hendricks should not have been posted and would not make the cut now, because the process for screening outside contributors has been strengthened.
“Our North Star is always transparency,” Mr. Lane said of Forbes’ handling of problematic articles. “What we’ve learned over the last few days is that this is an area we need to re-evaluate.”
A staff of roughly 200 employees produces Forbes’s in-house journalism, but most of the 100 articles the site publishes each day come from a group of nearly 3,000 outside writers. More content means more readers, and the number of unique visitors to Forbes.com has surged nearly 70 percent over the last four years, to 60.9 million last month, according to comScore.
While the number of views has gone up, the limited editing of contributors at Forbes has come in for criticism, with some noting problematic posts like one in 2014headlined “Drunk Female Guests are the Gravest Threat to Fraternities.”
The heavy use of outside contributors has been profitable, said Damon Kiesow, the Knight Chair in digital editing and producing at the University of Missouri School of Journalism, but it has come with risks to the Forbes name. “It changed their reputation from being a respectable business publication to a content farm,” Mr. Kiesow said.
HuffPost discontinued the model of allowing outside writers to post freely last year. Before the system ended, contributors “could post their content with no editorial review,” HuffPost said in a statement. Its 2017 article on Mr. Epstein appeared under the former setup.
The byline belonged to Rachel Wolfson, once a frequent contributor to the site who described herself in her author bio as a digital marketer. On Friday, HuffPost said in a statement that it had removed the piece “at the author’s request.” Ms. Wolfson did not respond to requests for comment.
Between 2005 and 2018, more than 100,000 contributors took advantage of HuffPost’s open-door model. At the time it was shut down, the HuffPost editor in chief Lydia Polgreen wrote, “Open platforms that once seemed radically democratizing now threaten, with the tsunami of false information we all face daily, to undermine democracy. When everyone has a megaphone, no one can be heard.”
The article on Mr. Epstein published by National Review, the conservative publication founded in 1955 by William F. Buckley Jr., was also removed on Friday. It was credited to Christina Galbraith, who identified herself in her bio as a science writer who had published at Forbes and HuffPost.
Ms. Galbraith was also a publicist for Mr. Epstein, according to several news releases promoting Mr. Epstein’s foundations and initiatives in 2012, 2013 and 2014 that included her as a contact. Ms. Galbraith did not respond to requests for comment. In the article that appeared on the National Review site, she described him as having “given thoughtfully to countless organizations that help educate underprivileged children.”
“We took down the piece, and regret publishing it,” Rich Lowry, the editor of National Review since 1997, said in an email. He added that the publication had “had a process in place for a while now to weed out such commercially self-interested pieces from lobbyists and PR flacks.”
In addition to Forbes, HuffPost and National Review, a technology-focused website called The Next Web, now controlled by The Financial Times, published an interview with Mr. Epstein that didn’t note his status as a sex offender and stated that he used “his resources to beneficial, unlikely ends.” The name in the byline was Dylan Love, who calls himself an “editorial gun for hire” on his website. Mr. Love did not respond to requests for comment. The Next Web amended the article on Friday to point out “the glaring oversight” of failing to note Mr. Epstein’s conviction.
The website’s program for outside contributors “used to be a free-for-all model, where anyone could publish anything,” until it was reformed in 2017, said Alejandro Tauber, the publisher of The Next Web. He added that the story on Mr. Epstein “was one of the layovers from the old system.”
#u.s. news#politics#us: news#international news#must reads#jeffrey epstein#sex trafficking#sex crimes
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Alberta A Diversified and Resource-based Economy
In 2017, Alberta produced 81 per cent of Canada’s crude oil and 68 per cent of its natural gas.
Alberta has the third largest petroleum reserves in the world, after Venezuela and Saudi Arabia.
The Alberta Energy Regulator forecasts that production of upgraded and non-upgraded bitumen from oil sands will increase by 36 per cent to 3.9 million barrels per day by 2027, up from 2.8 million barrels per day in 2017.
In 2017, gross revenues from all hydrocarbons were $73 billion, with revenues of synthetic crude oil and bitumen from the oil sands accounting for 65.1 per cent of the total.
In 2018, energy resource exports totaled $81 billion, accounting for two-thirds of Alberta’s total commodity exports that year.
A Diversified and Resource-based Economy Environment
Alberta is implementing a world-class, integrated and science-based environmental monitoring system to deliver comprehensive and transparent monitoring for air, land, water and biodiversity across the province, starting in the oil sands region.
The Alberta government has committed $1.3 billion to commercial-scale carbon capture and storage projects. Our $1.3 billion funds is one of the largest commitments to this technology in the world…from a province of just over four million people.
The Government of Alberta has set a firm renewable energy target to ensure 30 percent of electricity used in Alberta will come from renewable sources, such as wind, hydro and solar by 2030 in order to protect the province’s health, environment and economy.
A Diversified and Resource-based Economy Agriculture
Alberta has one of the world’s most productive agricultural economies, with a total farm area of 50.3 million acres or 20.3 million hectares.
In 2017, farm cash receipts for Alberta totaled $14.1 billion, representing 23 percent of Canada’s primary agricultural production. The province posted the highest cattle receipts as well as the second highest total crop receipts in the country.
Alberta has an expanding value-added agricultural products sector. In 2018, sales of Alberta’s processed food and beverage industry were $14.9 billion making it Alberta’s second largest manufacturing industry on a revenue basis. Meat product manufacturing accounts for more than one-half of the sector’s sales.
The addition of 2,350-square-metres of business incubation and development space makes Alberta’s Food Processing Development Centre and Agrivalue Processing Business Incubator the largest of its kind in the world.
A Diversified and Resource-based Economy Forestry
In 2018, shipments of forest products reached a record $6.6 billion, and exports were $4.1 billion. Forest products include pulp, paper and wood products such as lumber and oriented strand board.
Fifty-eight percent or 38 million hectares of Alberta is forested. Of the forested area, about 60 percent or 22.5 million hectares are considered suitable for harvest.
Alberta’s commercially productive timberland base of 26.1 million hectares covers 40 percent of Alberta’s total area and includes in excess of 2.2 billion cubic meters (m 3 ) of growing stock.
Annually, Alberta allows 32.1 million m 3 to be harvested, of which 19.2 million m 3 is coniferous, and 12.9 million m 3 is deciduous.
A Diversified and Resource-based Economy Manufacturing
Because of the recession real output (GDP) of Alberta’s manufacturing sector increased by only five percent between 2012 and 2017.
The manufacturing sector has emerged from this recession and sales rose 7.7 percent in 2018 to $76.4 billion, after a 13.4 percent jump in 2017.
The largest manufacturing sub-sectors on a GDP basis are refined petroleum products, food and beverage products, and chemical products.
About one-fifth of manufacturing output consists of value-added industrial products such as fabricated metals, machinery, and electronics.
A Diversified and Resource-based Economy Advanced Technology Industries
Alberta’s key advanced technology sectors include clean technology, information and communications technology (ICT), life sciences and nanotechnology.
The Alberta government, through Alberta Innovates, is committed to working with industry to support new technology development, increase commercialization and develop new markets and opportunities.
Alberta’s ICT industry includes about 4,600 companies and 40,000 employees generating about $15 billion in annual revenues in 2016 making ICT one of Alberta’s key sectors.
Alberta is home to more than 200 life sciences companies, employing about 4,600 workers.
The University of Alberta is home to the National Institute for Nanotechnology.
A Diversified and Resource-based Economy Financial Services
Over the past 10 years, Alberta’s financial services sector has experienced exceptional growth fuelled by high levels of capital investment in Alberta’s energy sector. Even during the 2015/2016 recession, Alberta’s financial services sector continued to grow.
This sector includes six major Canadian banks and is also home to the headquarters of a number of regional financial institutions including Canadian Western Bank, Servus Credit Union, ATB Financial, and Alberta Investment Management Corporation (AIMCO) as well as branches of 75 percent of the top 20 global investment banks.
Alberta has developed world-class expertise in niche sectors in financial services such as asset management and energy finance.
Between 2007 and 2017, Alberta’s financial services sector GDP rose 40 percent, outpacing financial services sector GDP growth in all other provinces. By comparison, GDP in Canada’s financial services sector rose 26 percent over the same period.
A Diversified and Resource-based Economy Tourism
Tourism in Alberta is a significant economic driver. It supports more than 127,000 jobs across Alberta and generated approximately $8.5 billion in tourism expenditures in 2016. Forty-six percent of these expenditures, about $3.9 billion, came from out-of-province and international visitors.
The Calgary and area and Alberta Central tourism regions received the most domestic overnight visitors in 2016, each accounting for 23 percent of all domestic person-nights spent in the province. The Edmonton and area and Canadian Rockies tourism regions followed, accounting for 21 percent and 14 percent respectively.
Alberta offers its residents and visitors exceptional tourism experiences and adventures. We have world-renowned attractions, vibrant cities, and the most diverse and scenic landscapes in North America. Alberta has five UNESCO World Heritage Sites, more than 480 provincial parks, 18 provincial historic sites, and five national parks.
Alberta Incorporation & Business Registration Services
Business Corporations are incorporated in Alberta, according to the provisions of the Alberta Business Corporation Act with the Alberta Corporations Division. Company Formations Canada provides fast and easy Alberta Incorporation Service and provides all the documents your new Alberta corporation will need to stay up-to-date and in compliance with the Alberta Business Corporation Act.
Alberta Incorporation Service for Canadian Residents
Alberta Extra provincial Registration Service for Domestic Corporations
Alberta Extra-Provincial Registration for Foreign Companies
The post Alberta A Diversified and Resource-based Economy appeared first on Company Formations Canada.
from Company Formations Canada http://bit.ly/2I2JJbW
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Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot
Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
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Partech is doubling the size of its African venture fund to $143 million
Zimbabwe’s government faces off against its tech community over internet restrictions
A high court in Zimbabwe ended the government’s restrictions on internet and social media last month.
After days of intermittent blackouts at the order of the country’s Minister of State for National Security, ISPs restored connectivity per a January 21 judicial order.
Similar to net shutdowns around the continent, politics and protests were the catalyst. Shortly after the government announced a dramatic increase in fuel prices on January 12, Zimbabwe’s Congress of Trade Unions called for a national strike.
Web and app blackouts in the southern African country followed demonstrations that broke out in several cities. A government crackdown ensued, with deaths reported.
On January 15, Zimbabwe’s largest mobile carrier, Econet Wireless, confirmed that it had complied with a directive from the Minister of State for National Security to shutdown internet.
Net access was restored, taken down again, then restored, but social media sites remained blocked through January 21.
Throughout the restrictions, many of Zimbabwe’s citizens and techies resorted to VPNs and workarounds to access net and social media, as reported in this TechCrunch feature.
Global internet rights group Access Now sprung to action, attaching its #KeepItOn hashtag to calls for the country’s government to reopen cyberspace soon after digital interference began.
The cyber-affair adds Zimbabwe to a growing list of African countries — including Cameroon, Congo and Ethiopia — whose governments have restricted internet expression in recent years.
It also provides another case study for techies and ISPs regaining their cyber rights. Internet and social media are back up in Zimbabwe — at least for now.
Further attempts to restrict net and app access in Zimbabwe will likely revive what’s become a somewhat ironic cycle for cyber shutdowns. When governments cut off internet and social media access, citizens still find ways to use internet and social media to stop them.
Partech doubled its Africa VC fund to $143 million and opened a Nairobi office to complement its Dakar practice.
The Partech Africa Fund plans to make 20 to 25 investments across roughly 10 countries over the next several years, according to general partner Tidjane Deme. The fund has added Ceasar Nyagha as investment officer for the Kenya office to expand its East Africa reach.
Partech Africa will primarily target Series A and B investments and some pre-series rounds at higher dollar amounts. “We will consider seed-funding — what we call seed-plus — tickets in the $500,000 range,” Deme told TechCrunch for this story on the new fund. Partech is open to all sectors “with a strong appetite for people who are tapping into Africa’s informal economies,” he said.
Partech Africa joined several Africa-focused funds over the last few years to mark a surge in VC for the continent’s startups. Partech announced its first raise of $70 million in early 2018 next to TLcom Capital’s $40 million, and TPG Growth’s $2 billion.
Africa-focused VC firms, including those locally run and managed, have grown to 51 globally, according to recent Crunchbase research.
Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, raised $100 million in a new round of funding.
The new financing from Generation Investment Management (an investment fund co-founded by former VP Al Gore) puts the valuation of the company at somewhere between $600 million and $700 million—based on data available from PitchBook on the company’s valuation.
The company now has more than 200 customers paying for access to the roughly 1,100 developers Andela has trained and manages.
With the new cash in hand, Andela says it will double in size, hiring another thousand developers, and invest in new product development and its own engineering and data resources. More on Andela’s recent raise and focus here at TechCrunch.
Fintech startup Flutterwave announced a new consumer payment product for Africa called GetBarter, in partnership with Visa.
The app-based offering is aimed at facilitating personal and small merchant payments within and across African countries. Existing Visa cardholders can send and receive funds at home or internationally on GetBarter.
The product also lets non-cardholders (those with accounts or mobile wallets on other platforms) create a virtual Visa card to link to the app. A Visa spokesperson confirmed the product partnership.
GetBarter allows Flutterwave — which has scaled as a payment gateway for big companies through its Rave product — to pivot to African consumers and traders.
The app also creates a network for clients on multiple financial platforms to make transfers across payment products and national borders, and to shop online.
“The target market is pretty much everyone who has a payment need in Africa. That includes the entire customer base of M-Pesa, the entire bank customer base in Nigeria, mobile money and bank customers in Ghana — pretty much the entire continent,” Flutterwave CEO Olugbenga Agboola told TechCrunch in this exclusive.
Flutterwave and Visa will focus on building a GetBarter user base across mobile money and bank clients in Kenya, Ghana, and South Africa, with plans to grow across the continent and reach those off the financial grid.
Founded in 2016, Flutterwave has positioned itself as a global B2B payments solutions platform for companies in Africa to pay other companies on the continent and abroad. It allows clients to tap its APIs and work with Flutterwave developers to customize payments applications. Existing customers include Uber, Facebook, Booking.com and African e-commerce unicorn Jumia.com.
Flutterwave added operations in Uganda in June and raised a $10 million Series A round in October The company also plugged into ledger activity in 2018, becoming a payment processing partner to the Ripple and Stellar blockchain networks.
Headquartered in San Francisco, with its largest operations center in Nigeria, the startup plans to add operations centers in South Africa and Cameroon, which will also become new markets for GetBarter.
And sadly, Africa’s tech community mourned losses in January. A terrorist attack on Nairobi’s 14 Riverside complex claimed the lives of six employees of fintech startup Cellulant and I-Dev CEO Jason Spindler. Both organizations had been engaged with TechCrunch’s Africa work over the last 24 months. Condolences to family, friends, and colleagues of those lost.
More Africa Related Stories @TechCrunch
Facebook is launching political ad checks in Nigeria, Ukraine, EU and India in coming months
African Tech Around The Net
Naspers targets Africa’s financial services industry
Microsoft South Africa gets new MD as Zoaib Hoosen calls it quits
Why Everyone Is Confused By “African Startups” Funding Figures
New $10m VC fund to invest in tech startups from Kenya, Nigeria, SA
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