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Rivals in Kentucky race say opponent running misleading ads

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FRANKFORT, Ky. (AP) — Candidates in a competitive Kentucky Congressional district are complaining about a pair of TV ads they say are misleading. Republican U.S. Rep. Andy Barr has asked TV stations to stop airing an ad that says he would let payday lenders take advantage of military veterans. The ad is paid for by […] Reported by Seattle Times 9 hours ago.

House passes $146B 'minibus' bill, sends to Trump for approval

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The House of Representatives Thursday overwhelmingly approved a $146 billion spending bill that will fund the Energy Department, veterans' programs and the legislative branch as part of a bid to avoid a government shutdown Oct. 1. Reported by FOXNews.com 9 hours ago.

Mathew Barzal, Islanders put John Tavares in the rearview mirror

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The Islanders' veterans reported for training camp on Thursday while their former captain John Tavares was doing so with the Maple Leafs. Reported by Newsday 10 hours ago.

Phoenix Finance Strengthens Blockchain Strategy By Adding Lendit Co-founder Jason Jones As Blockchain Global Strategic Advisor

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Phoenix Finance Strengthens Blockchain Strategy By Adding Lendit Co-founder Jason Jones As Blockchain Global Strategic Advisor SHANGHAI, Sept. 14, 2018 /PRNewswire/ -- Phoenix Finance, a leading fintech company founded by influential media group Phoenix Satellite Television, has appointed Lendit co-founder Jason Jones as its Blockchain Global Strategic Advisor to enhance its blockchain strategy - a move that was first announced at last week's Lendit Fintech Conference in Shanghai.Wang Gang, SVP of Phoenix Finance and the head of blockchain business, presents a certificate of blockchain global strategic advisor to LendIt co-fouder Jason Jones.

During a 30-minute interview conducted by Jones at the world's leading fintech event-Lendit Shanghai, SVP of Phoenix Finance and the head of blockchain business, Wang Gang, underlined the blockchain strategy that the company revealed in its Blockchain White Paper. In the White Paper, Phoenix Finance projected that the future growth of its signature business of wealth management, overseas products, mutual funds, insurance, and P2P will be driven by blockchain technology.

"We find that blockchain has the potential to boost our productivity and slash costs, bringing competitive advantage to our business. That's why we're accelerating the development, and application of the latest blockchain technology," said Wang Gang. "Phoenix Finance and Lendit have been cooperating for years. Our alliance in developing blockchain takes our partnership one step further.

"At this critical stage of development, Phoenix Finance desperately needs to pick the brains of globally-minded veterans like Jason Jones, who can dispense invaluable advice in every aspect of blockchain, including research, commercialization and globalization," Wang Gang said.

"The sky is the limit for Phoenix Finance to apply blockchain technology in various commercial scenarios," said Jason Jones. "Built on the back of a global vision, a wealth of fintech experience, diversified business lines and over 8 million worldwide clients, Phoenix Finance's blockchain strategy is inches away from turning vision into reality."

Phoenix Finance's Blockchain Research Institute will invite external experts and consultants to participate in building such an eco-system and turn its blockchain vision into reality. The company will also set up a platform to incubate a greater number of promising fintech projects with accelerative resources brought in by Lendit.  

The blockchain technology to apply with Phoenix Finance's products and relative financing scenarios see substantial progress. Phoenix Finance, which currently serves wealthy Chinese clients around the world, plans to launch new products that include embedded blockchain technology early next year.

Offering a range of financial services that includes wealth management, mutual funds, insurance, global investment and P2P, Phoenix Finance has been at the forefront of technology application in China's fintech industry and is actively developing blockchain technology.

Having accumulated 8 million registered users and RMB 80 billion worth of transactions through its investment platform over the past four years, Phoenix Finance is embracing blockchain technology to meet increasingly complex and diverse demands from its global clients, who are mostly middle and wealthy classes with investible assets between RMB 300,000 to RMB 10 million.

According to Wang Gang, with the help of blockchain, each and every transaction becomes totally transparent and traceable during the whole process, giving clients an unparalleled investment experience, and cementing trust among participants – an invaluable asset in the world of finance.

In addition, blockchain will address the obstacles hampering the development of fintech in a fragmented market, such as information disparity, information delay and the high cost of due diligence. By working with various participants and partners across the fintech value chain, Phoenix Finance aims to build a safer and smarter financial ecosystem embedded with the latest blockchain technology.

For more information, please visit: https://www.fengjr.com/*About Phoenix Finance*

Phoenix Finance, founded by the Phoenix Satellite Television Holdings Limited, is a well-established one-stop-shop investment platform that aims to provide Chinese investors around the world with top-notch financial products and services. Partnering with top-tier financial institutions to source desirable investable assets globally and attaching great importance to the application of science and technology of big data, artificial intelligent, blockchain, Phoenix Finance is able to provide a broad range of wealth management products and customized advisory services that tailored to the needs of each individual investor. Currently, Phoenix Finance's product offerings include P2P, mutual funds, insurances, global investment, wealth management etc. Having accumulated 8 million registered users, Phoenix Finance is now a leading fintech platform in China.

View original content to download multimedia:http://www.prnewswire.com/news-releases/phoenix-finance-strengthens-blockchain-strategy-by-adding-lendit-co-founder-jason-jones-as-blockchain-global-strategic-advisor-300712699.html

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https://www.fengjr.com Reported by PR Newswire Asia 5 hours ago.

Did Kyrsten Sinema Really Protest Troops In A Pink Tutu?

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Did Kyrsten Sinema Really Protest Troops In A Pink Tutu? Watch VideoRepublican Rep. Martha McSally is running a very close race for Senate in Arizona. She's trying to keep the seat in her party's hands.

Senator Jeff Flake is retiring. That's opened the door to Democrats, who are trying to flip the seat. They're running Rep. Kyrsten Sinema against McSally.

An attack ad from McSally's campaign claims Sinema protested against troops serving after 9/11, which included McSally.

"While we were in harm's way in uniform, Kyrsten Sinema was protesting us in a pink tutu, and denigrating our service," McSally said in the ad.

It's true Sinema protested against the war in Iraq. And yes, that's a real picture of her in a tutu during a protest in 2003. 

And Sinema has a history of speaking out against war in general, though she's claimed more recently she recognizes a distinction between all-out war and military intervention.

But Sinema's protests focused on policy that result in war, not on the people serving overseas. Her campaign points out she has family members who serve in uniform. Sinema has also backed measures to pay troops more and ensure benefits for veterans.

So yeah, Kyrsten Sinema protested the Iraq war in a pink tutu, but that doesn't necessarily mean she was protesting service members. Reported by Newsy 4 hours ago.

US budget deficit for August came in at $214.1bn - Nomura

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Analysts at Nomura note that the US budget deficit for August came in at $214.1bn, pushing fiscal-year-to-date (FYTD) deficit to $898.1bn, up $224.4bn wider than this time last year.

*Key Quotes*

“Spending so far has been higher than the previous fiscal year. Total FYTD spending was up 6.7% while FYTD receipts were up only 0.6%.”

“Firm increases for Medicare and veterans’ programs appear to have contributed to a pickup in spending in August.”

“In addition, net defense outlay jumped sharply in August following a sharp decline in July. While some mean-reversion appears likely in September, the net impact on GDP growth in Q3 appears positive.” Reported by FXstreet.com 2 hours ago.

OP Live Dallas Presents: Industry Talks

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OP Live Dallas Powered by Team Envy and the Dallas Fuel is a premier esports event running Sept. 22-23, 2018, at the Irving Convention Center in Irving, Texas. Tickets are on sale now at oplivedallas.com.

DALLAS (PRWEB) September 14, 2018

eGency Global, a leading esports production, marketing and talent management firm, in collaboration with SMU Guildhall, the top ranked graduate school for video game design in the world, are pleased to announce the addition of industry talks to the lineup of events at OP Live Dallas.

During OP Live’s Powered Talks, esports and gaming leaders including streamers, developers, organizers, and professional teams will take the stage between competitions to discuss a range of topics about turning passion into a career and how to become a part of the growing esports landscape. Off stage, Kyle Langley, systems designer for Fortnite, will also be giving a tutorial at the SMU Guildhall booth on creating an achievement system, brought to you by Epic’s education division.

Industry talks will include:

Kyle Langley — Technical Designer, Fortnite, Epic Games
Saturday, Sept. 22, SMU Guildhall booth
Brought to you by Epic’s education division, learn how to get started with the gameplay ability system in Unreal. Kyle Langley, technical designer for Fortnite, has been working in games since 2008 and has served at studios including Sony Online Entertainment, High Moon Studios, and Epic Games.

Luis Cataldi — Director of Education & Learning Resources, Epic Games
Saturday, Sept. 22, SMU Guildhall booth
Brought to you by Epic’s education division, learn tips and tricks you may not know about Unreal — including best practices for optimization, content, lighting, materials, workflows, and more. Luis Cataldi has been working in the computer graphics industry for over 20 years in various roles including character TD, animator, lighter, environment artist, FX TD and art director. His work has appeared in television, music videos, theme parks rides, animated feature films such as “Robots” and “Ice Age II” and AAA video games. In 2005, Luis was one of the founding members of Kaos Studios in NYC as the art director. In the role, he built an art team to deliver "Frontlines: Fuel of War" and “Homefront." In the late 1990's Luis became an animation instructor at NYU Tisch School of the Arts, and later moved into the full-time role of professor and Department Chair of Game Development and Interactive Design at the Savannah College of Art and Design. Luis joined Epic Games in 2014 to help build the educational community around the amazing Unreal Engine and currently serves as the Global Education Evangelist.

Tyler Schrodt — Founder & CEO, Electronic Gaming Federation
Saturday, Sept. 22, Main Stage
Tyler started in esports in 2001 as a Counterstrike 1.6 player and tournament organizer and spent 6 years working in higher education before founding EGF in 2013 while studying finance at RIT. Today, EGF oversees a national league for some of the largest colleges in the United States and the first-state endorsed national high school esports league in the country.

Geoff Moore — President & COO, Envy Gaming
Saturday, Sept. 22, Main Stage
Geoff, a 25-year veteran in sports marketing and fan experiences, was hired as President and COO of Envy Gaming in July 2018. His team is focused on building excitement locally, nationally and internationally around the region’s best esports teams. Prior to joining Envy Gaming, Moore spent 18 years with the Dallas Stars and worked with the Circuit of the Americas track in Austin.

Aaron “Aero” Atkins — Head Coach, Dallas Fuel
Saturday, Sept. 22, Main Stage
Aaron is the head coach of the Dallas Fuel franchise in the Overwatch League. He is experienced working with internationally diverse rosters and is widely respected as an Overwatch analyst. After joining the Dallas Fuel near the end of the 2018 season, Atkins led the team through a turnaround and to a Stage 4 playoff berth. Players and management alike credit his unique coaching style in instrumental to the Fuel’s late season success.

Kevin “Kebunbun” Hoang — Account Manager, Twitch
Saturday, Sept. 22, Main Stage
Kevin “Kebunbun” Hoang is an Account Manager for Twitch. Kevin currently works on the Twitch Student program and has dedicated himself to creating gaming and esports opportunities for students and universities around the world. Prior to Twitch, Kevin founded the Washington Gaming Association at University of Washington and served as an analyst at Team SoloMid.

Mark “Garvey” Candella — Director of Strategic Partnerships, Twitch
Saturday, Sept. 22, Main Stage
On the main stage: Garvey currently leads the Twitch Student program and has dedicated himself to creating gaming and esports opportunities for students and universities around the world. From humble beginnings as a Magic the Gathering professional player in 1993 and an avid pen and paper role player prior to that, he has been involved in the esports industry in various ways ever since. His message of inclusiveness, diversity, and collaboration is a personal philosophy deeply ingrained in every project he works on.”

John Davidson — Head of GameStop Partnerships
Saturday, Sept. 22, Main Stage
John leads GameStop’s esports and partnership efforts, identifying brands and developing strategy for opportunities that bring value to our customers. He will provide valuable insights on how you don’t need to be a pro player or have thousands of followers to make huge waves in gaming or esports. Anyone and everyone has a once in a lifetime opportunity to shape this emerging competitive landscape.

Charles Egenbacher — Technical Producer, Unreal Engine and Fortnite, Epic Games
Sunday, Sept. 22, Main Stage
Charles is a technical producer at Epic Games, focusing on Fortnite audio and VR/AR on the Unreal Engine. From SMU Guildhall to Sony Entertainment to Riot Games to Epic Games, Charles is a hardcore gamer at heart who took his incredible passion and turned it into an even more incredible career.

Ryan Musselman — President, Trigger Fish; SVP of Global Partnerships, Infinite Esports & Entertainment
Sunday, Sept. 22, Main Stage
Ryan Musselman is an early pioneer in the convergence of digital media and esports, with over 10 years of industry experience, and is one of the original founders of OpTic gaming, the world’s most-engaged esports organization. He was instrumental in the development and scale of Machinima’s 10,000-strong network of gaming influencers, prior to joining Google to develop YouTube’s gaming and esports vertical. Ryan now leverages his history of industry-defining expertise as President of Triggerfish, the partnerships entity behind OpTic Gaming, Houston Outlaws and Infinite Esports and Entertainments portfolio of companies, as well as Senior Vice President of Global Partnerships at Infinite Esports & Entertainment.

OP Live Dallas Powered by Team Envy and the Dallas Fuel will also feature the largest collegiate Overwatch tournament in North Texas, a Bounty Royale Brawl featuring Fortnite, a showcase of the latest video games created by SMU Guildhall students and alumni, pro esports player meet-and-greets, interactive experiences, a High School Hackathon, an exhibitor hall, and more.

To purchase tickets for OP Live Dallas Powered by Team Envy and the Dallas Fuel and get event updates, visit http://www.OPLiveDallas.com/.

For information on sponsorship opportunities (digital, event app, brand activations, signage, event/activity/workshop sponsor, broadcasting rights, and more) or securing exhibitor space, contact Ward Eastman, eGency Global Director, Strategic Alliances at 214-957-7870 or weastman(at)egencyglobal(dot)com.

About eGency Global:
eGency Global is one of the most experienced esports firms in North America, offering a full suite of services from event production, customer/fan engagement, sponsorship and talent marketing to data analytics, media and strategic marketing. eGency Global is the leading strategic partner in helping brands, event and media properties, and teams looking to navigate and capitalize on the rapidly expanding esports ecosystem.

Press Contact: Stephanie Chavez, Marketing Director for eGency Global, 817-262-8168, schavez(at)egencyglobal(dot)com.

About SMU Guildhall:
SMU Guildhall is the #1 Graduate Program for Game Design in the world. Many of the school’s founders are industry icons, and classes are taught by industry veterans. Since 2003, the program has graduated over 700 students, who now work at more than 250 video game studios around the world. SMU Guildhall offers both a Master of Interactive Technology in Digital Game Development degree and a Professional Certificate of Interactive Technology in Digital Game Development, with specializations in Art, Design, Production, and Programming.

Press Contact: Mark Nausha, Deputy Director for GameLab at SMU Guildhall, 949-697-5374, mnausha(at)smu(dot)edu. Reported by PRWeb 1 day ago.

Joshua Harris, Founder of Agency Growth Secrets, Announces Launch of U.S. Military Veteran Entrepreneur Website

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Agency Growth Secrets founder, Josh Harris, announced the launch of his website—JoshuaHarris.co—that celebrates and supports successful U.S. Military Veteran Entrepreneurs.

LARGO, Fla. (PRWEB) September 14, 2018

Joshua Harris recently announced the launch of a U.S. Military Veteran Entrepreneur feature on his website, joshuaharris.co. The featured highlights a series of veterans who have become successful entrepreneurs. Harris is on a mission to expand support for veteran entrepreneurs and encourage other military veterans to establish their own businesses. In addition, Josh Harris’ website features a page where veterans can find organizations that will support them as they venture into the business world.

Josh Harris said, “I’m extremely passionate about helping entrepreneurs launch their own businesses. I’m also passionate about supporting the heroes of our nation. Establishing a site where I can highlight veteran entrepreneur’s success stories and inspire others, veterans and civilians alike, was the perfect converging of these passions. Being an entrepreneur is no easy feat, but it’s important to show veterans and others that this kind of success is possible for them.”

The website features numerous veterans who have created their own paths to success. Some own small businesses while others own large Fortune 500 companies. The veteran entrepreneur feature includes quotes from each of the veteran businessmen and women, with many of them noting that the skills they learned in the military helped them to be more resilient and come out on top in the business world. Continuing, the founder of Agency Growth Secrets reviews why veterans make great entrepreneurs, “The discipline and drive veterans gain through their service make them perfectly suited for entrepreneurship. I’ve seen countless veterans take the skills they’ve learned in the military, develop them into successful careers, and go on to positively impact their community.”

The U.S. Military Veteran Entrepreneur website includes a supplemental page that provides a variety of organizations and resources that can help veterans as they develop their own businesses. Harris concluded, “I’m on a mission to expand support for veteran entrepreneurs. When military service members exit the military, they have real world experience that will help them transition into leadership roles in business. Sometimes all they need is additional support and resources to show them how to get started. Our resources page includes organizations like the Support Warrior Project, the Arizona Veterans Business Outreach Center, and the Veterans Florida Entrepreneurship Program.”

Agency Growth Secrets is an online marketing agency that uses advanced data-targeting through artificial intelligence to create highly efficient marketing campaigns. The company’s technology helps its clients to target customers who are ready to make a purchase.

Joshua Harris is an entrepreneur and founder of Agency Growth Secrets. Harris grew up in Illinois and was constantly creating new businesses throughout his childhood. When Harris originally started his first online marketing company, he did not see much success. With the help of a mentor, he was able to change up his business model and create rapid growth for his company. He founded Agency Growth Secrets in 2014. Harris has been featured in both Forbes and Entrepreneur. He is also a member of the elite entrepreneur group, The Oracles.

About Agency Growth Secrets:
Agency Growth Secrets is a cutting-edge digital marketing agency. Established by Josh Harris, Agency Growth Secrets (AGS) delivers highly qualified leads to clients by utilizing advanced technologies (including AI and machine learning). These advanced techniques have allowed AGS to decrease customer acquisition costs and optimize marketing efforts for their clients. Agency Growth Secrets is headquartered in Largo, Florida. Reported by PRWeb 21 hours ago.

PLA doubles new recruits' training period to improve combat readiness

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The PLA is the world's largest military with two million troops. The new recruits could not keep pace with veterans, and veterans are not receiving enough training, the announcement said. The problem has influenced and curbed the sustainable development of the PLA Army's combat capability, an anonymous official of a training bureau was quoted as saying in the announcement. Reported by IndiaTimes 20 hours ago.

Injured Veterans Bond with Families Through Survival Game

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Reported by newKerala.com 16 hours ago.

Give an Hour™ Expands Network to Offer Free Mental Health Services in Response to Hurricane Florence

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Give an Hour continues to provide critical services to help those in need.

Washington, D.C., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Give an Hour™ -- a national nonprofit providing pro-bono mental health services -- announced today that it is opening its network to provide immediate and long-term mental health and emotional support for those affected by Hurricane Florence.Give an Hour has historically opened its network to assist those affected by natural and man-made disasters, including the shootings at Sandy Hook elementary school, Hurricane Sandy, the Boston Marathon bombings and the Charlottesville community. Give an Hour extended its services to those affected by Hurricanes Harvey, Irma and Maria, the mass shootings in Las Vegas and Texas as well as the wildfires in California.

Give an Hour, which was founded in 2005 has provided free and confidential mental health care to those who serve, our veterans, and their families. In recent years, Give an Hour’s efforts have expanded to address the mental health needs of other populations. By harnessing the skill and compassion of mental health professionals across the country, Give an Hour is able to provide critical mental health assistance to those who are suffering emotionally. While some people affected by the devastation of Hurricane Florence will be in immediate need of intensive mental health treatment, many more people will need someone who can provide emotional support and assistance.

Give an Hour currently consists of approximately 7,000 mental health professionals, providing free and confidential mental health care to those in need; to date, they have donated nearly 265,000 hours of free care, valued at more than $26 million. In addition to providing free and confidential mental health care to those in need, Give an Hour leads the Campaign to Change Direction, a public health effort with the goal to change the culture of mental health so that all of those in need receive the care and support they deserve. Using a collective impact approach, the campaign and its 600+ partners encourages everyone to pay attention to their emotional well-being and reminds us that our emotional well-being is just as important as our physical well-being.

“We have thousands of generous mental health professionals in our network who volunteer their time to provide critical services to those in need. In response to Hurricane Florence - and other recent tragedies and traumas – these compassionate professionals generously provide their skill and expertise to deliver care.” said Dr. Barbara Van Dahlen, Founder and President of Give an Hour. “Some Give an Hour providers may join efforts happening on the ground in their own communities, while others in our vast network will offer phone support to the thousands who need compassion and assistance. We all have gifts to give to those who are hurting.”

Give an Hour encourages all mental health professionals interested in joining our network of providers to visit www.giveanhour.org to give your gift of care and support to those in need.

Survivors of Hurricane Florence, please visit: https://giveanhour.org/hurricane-relief-effort/

About Give an Hour:

Founded by Dr. Barbara Van Dahlen, a psychologist in the Washington, D.C., area- Give an Hour’s mission is to develop networks of skill-based volunteer professionals capable of responding to both acute and chronic conditions prevalent within society. Since 2005, the nonprofit organization has provided free mental health services to U.S. service members, veterans, and their families. In 2015, Give an Hour expanded efforts to address the mental health needs of other populations including at risk teens, survivors of gun violence, victims of human trafficking and those affected by natural and man-made disasters. In addition, Give an Hour is now working internationally to provide information and services to address the needs of those who are in emotional pain around the world. Through the generosity, compassion, and expertise of Give an Hour’s skilled volunteers, we are able to increase the likelihood that those in need receive the support and care they deserve. Thus far, the U.S. network of nearly 7,000 licensed mental health professionals has provided more than 265,000 hours of care and support to those in need. Learn more at www.giveanhour.org and www.changedirection.org.

CONTACT: Chance Browning
ScoutComms, Inc.
(940) 337-1791
cbrowning@scoutcommsusa.com Reported by GlobeNewswire 18 hours ago.

How confusing tech, GDPR, and a shifting consumer climate killed the once huge promise of location-based ads

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How confusing tech, GDPR, and a shifting consumer climate killed the once huge promise of location-based ads· *A number of location-based tech firms are trying to ditch their advertising businesses that target ads based on someone's whereabouts to focus on data instead.*
· *GDPR and privacy questions have cut back on investor interest, but a couple of companies that don't focus on advertising have recently gotten new funding.*
· *Agencies say they want to use location data in more ways than tech firms offer — like being able to mash it up with their own email and app data.*Marketers have long been intrigued by the potential to zap ads at consumers' phones with precise targeting based on the stores they routinely visit.

It's become a tired ad industry cliche: "Someday, you'll be walking by a Starbucks and you'll get a coupon for your favorite drink."

But the hype hasn't worked out the way that industry veterans once expected. It's still safe to walk by Starbucks.

In fact, explaining to advertisers the complex ways that ads are served to someone from GPS technology built into phones, as well as mounting consumer privacy concerns, is causing tech firms to rework their businesses.

Over the past few years, a number of location tech firms have tried to shift their business models from advertising into software that brands use to track foot-traffic patterns. Firms are also under growing scrutiny from the European Union's General Data Protection Regulation that puts strict regulations around how businesses can explicitly use data to serve and measure ads without explicit permission from consumers, causing investors to cool.

Just this week, The Washington Post reported that Google's practice of collecting location data is under investigation in Arizona.

"It has definitely been morphing over the years and as far as investor interest, I would say that it has probably waned a bit if it is focused on advertising exclusively," said Brian Andersen, cofounder and head of digital marketing investment banking at Luma Partners. "But with things like data-focused companies, there’s still definitely interest."

Case in point: Two of the most recent companies to receive funding in this space don't sell ads.

*Venture capital money is moving away from location ad companies to newer models*

Hyp3r is a startup that plugs into Salesforce and Adobe’s marketing clouds and matches up location data with CRM data from email, apps, and websites for brands like Marriott and 24 Hour Fitness. The company has attracted $17 million in Series A funding that CEO and cofounder Carlos Garcia said will go to growing a team to partner with other enterprise companies.

And last week, Factual raised $42 million to expand its Asia-Pacific business, bringing its total funding to $104 million. The firm’s business is split between an arm that helps advertisers analyze and measure location data and a non-advertising arm that pipes location stats into apps like Uber and Apple Maps.

"Because we’re a data company, we don't sell any media — we primarily work with brands and agencies to help them understand how to use location data but they access it through a network of ad-tech platforms across the ecosystem,” said Factual CMO Brian Czarny.

"Today there's a lot more companies calling themselves location data companies than there probably were 12 or 24 months ago. You're starting to see companies change the way they position themselves like a data company but yet still sell media."

*Location-based firms are rapidly trying to shed their media businesses                                                                                    *

Firms like PlaceIQ, GroundTruth, and NinthDecimal built businesses years ago latched onto the rise in mobile advertising by amassing pools of location data and then tying the data to ad networks and media campaigns that promised advertisers superb ad targeting.

"It's relatively easy to build some level of scale by having a media business, but it’s one that the markets or acquirers haven't valued as much because it's not predictable and stable," said Dick Filippini, partner and head of mobile investment banking at Luma Partners.

But over time as margins on digital ads get squeezed, and the duopoly of Facebook and Google continue to eat up ad budgets, location companies are quickly trying to move away from media businesses and spin their data into software, analytics, and subscription-based models more akin to the business models of enterprise companies.

According to eMarketer, US mobile advertising will make up $75 billion this year. Google will bring in more than $23 billion of that money while Facebook is expected to generate $19 billion. A separate report from BIA/Kelsey found that all location-targeted mobile advertising spend — including ads sold by tech companies and publishers — will reach $22.1 billion this year.

"They're just arbitraging digital media with their data layered on," said JC Uva, managing director at MediaLink. "There’s not enough money moving through the pipeline to make it a business with massive scale when you can do all that on Facebook, Google, and the big platforms."

While firms are trying to pivot, media still makes up the bulk of revenue for location-based firms, according to Uva.

"They're in this transitional phase — they're trying to do two things at once," he said. "The lights stay on because the media business is there — they're trying to move into SAS revenue as fast as possible but they can't totally ditch what they've got because it pays the bills."

Most location firms offer some form of software tools that package location stats into a dashboard that is sold to either agencies or increasingly directly to brands to analyze their specific stats.

For example, ad-tech firm GroundTruth sells its location platform as software to brands that they can use to zero in on foot traffic data for their stores and competitors' stores. The company also provides targeting tools that brands can use to make location-based audiences for serving ads — like people who regularly shop at a particular store.

GroundTruth CMO Eric Hadley declined to explain how the firm’s revenue is broken out but said that it's self-serve business launched in February and "it's an exciting new business for us."

A PlaceIQ spokesman also declined to break out its media and data revenue but said that the company is profitable and that media makes up the larger portion of revenue.

The problem with dashboards is that location companies only have a sliver of data that brands are looking for and marketers often have to work with multiple partners to extrapolate and package data the way they want to.

"We're looking for a consolidated view of our marketing," said Jeff Ratner, chief media officer at iCrossing. "I don't want three dashboards — I want one dashboard."

*GDPR isn't helping already wary investors*

On top of more competition, investors and advertisers are spooked by GDPR and similar regulation in the US that will require companies to collect consumers' permission before using their data for ad targeting. For ad-tech firms that already struggle to explain how location-based technology works, they now have to answer more pressing questions about privacy like:

· *Do consumers know that you're tracking their location?*
· *Where is your data from and is it safe?*
· *How long do you keep your data?*

While those may seem like basic questions for ad-tech veterans, "the questions that need to be answered multiple times are around privacy, consent, and the quality and safety of the data," Medialink's Uva said.

"The stakes are high enough that [advertisers] have to have a very high degree of confidence that what you're being told is actually in compliance," he said. "It seems like there is enough general confusion about what will ultimately constitute a violation that people are taking a broad approach to this until you can get precise about what compliance looks like."

Concerns over GDPR have already caused location firms like Verve and Drawbridge to shut down their European operations.

Meanwhile companies like Factual are scrapping their European databases completely to rebuild them from scratch and temporarily cutting down services available to European marketers. The company has stopped offering audience and measurement products to European advertisers until "we're sure that we have the ability to get proper consent and have a sizable enough pool to make them meaningful," Czarny said.

According to Luma Partners' Andersen, GDPR could help investors' interest in location-based ad firms in the long term because firms will be forced to clean up how they collect data.

"You're weaning out unreliable data sources and making sure that you’re getting clean data sets from consumers who have opted in from quality sources," he said. "I would imagine that the signals are getting more accurate — we're too early to see if that’s the case but theoretically it absolutely could be."

*Companies aren't as innovative as they were a few years ago*

There's also a lack of innovation among location companies, Jessica Peltz-Zatulove, partner at MDC Ventures, the corporate venture capital arm of agency holding company MDC Partners, said. 

MDC Ventures is an investor in location-based firm PlaceIQ, which has gone through six rounds of funding since it was founded in 2011. Peltz-Zatulove said that MDC Ventures isn't fishing around for other location-based firms to add to its portfolio, partly because it hasn't seen much innovation in location when it comes to granular analytics and measurement.

"We haven't made any new investments in that category because we always want to understand what the white space is in our portfolio when we make an investment," Peltz-Zatulove said. "I've seen different solutions in that space [but] nothing that I believe is so differentiated or any incremental improvement versus solving an entirely new way of thinking about the category."

*Agencies want to roll up location data and use it elsewhere*

Agencies want location data but not in the way that location firms can provide.

Agencies are increasingly asking tech firms for the ability to take their data and use it in a completely different way than it may have been originally intended, Peltz-Zatulove said.

Instead of tying location to specific ad campaigns, advertisers instead want to roll up location data and mesh it with first-party data collected from email or loyalty cards, for example. Or an advertiser might want to combine location stats with purchase data stats from a survey to estimate how many people bought something after going into a store.

Both of those scenarios are hard to do when a location-based firm is only looking at data through the lens of serving advertising, she said.

"If you look at the history of how location data has evolved, the secret sauce initially was access to a data set but now advertisers and marketers want that data to be more flexible, real-time and they want to mash it up with multiple data sets to create new dimensions of insights," Peltz-Zatulove said. "There's so many different ways to layer on additional data on top of location — location becomes one ingredient into a much robust perspective into the customer’s daily life."

*Agencies want a deeper look under the hood of ad-tech*

WPP's GroupM is currently in the process of auditing a handful of location-based companies specifically for verification. The goal is to understand how often the location of devices that firms report are accurate.

"Very often, the only proof of performance for a data provider is the resulting attribution or conversion tracking that we can generate from a campaign," said Joe Barone, GroupM’s managing partner of brand safety in the Americas. "As the location space has matured, we've taken more of a verification-oriented approach to it."

Dentsu Aegis Network-owned Carat also routinely vets partners, starting with a test among 20 companies in 2016. Three of the 20 companies passed the agency’s review.

"Every year we've been able to refresh this test because new entrants are coming from a pure data perspective," said Michael Liu, director of mobile and innovation strategy at Carat. "We've done a bunch of tests where we've tried to sift through who is coming into our agency because we have so many uninformed campaigns where people will take the salesperson at face value and believe that their data is the best."

The agency also asks some location companies to dump their data into its own systems and is piloting a data-licensing program that helps retailers and fast-food companies make sense of location data without working through third-party companies.

"We don't want to be so dependent on one person's platform," he said. 

Another problem: A lot of location data is the same but packaged up in different ways.

"They'll all tell you that they have the best data and the biggest footprint but at the end of the day, most of them are drawing their location data from the same couple of SDKs (software developer kits) or the same kind of apps," said iCrossing's Ratner. "It again creates a bit of confusion in the market."

*Location companies don't want to be known for location*

It's no surprise then that some ad-tech companies don't want to be associated with the word location.

"I don't even like to use the term location anymore because I think it's somewhat antiquated," said David Staas, president of NinthDecimal. "We think of it more as offline behavior — it's not just looking at where you go but also what you buy, what you watch, and offline signals."

CMOs, he said, are struggling to grow their brands and are folding location platforms into marketing stacks to follow foot-traffic trends for longer periods of time than a campaign.

"The CMO is saying, 'I don't want you just measuring a couple things here and there. I want you to measure everything all the time across all of my types of media and let’s do this on a two-year basis.' We get into that kind of level, which is much more like an enterprise model from a mar-tech versus an ad-tech perspective," Staas said.

Foursquare is another example. The company's roots are in location data collected from its consumer apps but Foursquare wants to use that data to help brands make broader marketing decisions — like how to slice up a budget between social media, television and billboard ads.

"There's a lot of consultative work that we’re doing and we want to do more of," said chief revenue officer Liz Ritzcovan. "Putting advertising and monetization on campaigns is really important but it's an output — customers offline and online are discovering new ways that maybe they didn’t know about because of data."

Agencies said those are the kinds of talks that get their attention but it can be tough for companies to provide enough data for them to actually make bigger decisions when it comes to ad budgets.

"This has always been an interesting thing," said Carat's Liu. "What [data companies] aren't getting is more nuance — they're trying to understand more about the consumer that can supplement the data."

Join the conversation about this story »

NOW WATCH: The CMO of $30 billion financial giant State Street says to be successful, you have to be the CEO of your own brand Reported by Business Insider 17 hours ago.

What you need to know in advertising today

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What you need to know in advertising today Marketers have long been intrigued by the potential to zap ads at consumers' phones with precise targeting based on the stores they routinely visit.

It's become a tired ad industry cliche: "Someday, you'll be walking by a Starbucks and you'll get a coupon for your favorite drink."

But the hype hasn't worked out the way that industry veterans once expected. It's still safe to walk by Starbucks.

In fact, a number of location-based tech firms have been forced to rethink their businesses. To read more, *click here.*

*In other news:*

*'It's a signal Verizon is not seriously interested in major investments': Insiders say Verizon's choice of Guru Gowrappan to run Oath reveals the future of Verizon's ad business.* Oath president and COO Guru Gowrappan will assume the role of CEO in October.

*Mark Zuckerberg has warned 2 months before the US midterms that Facebook can't fight election interference alone.* In a lengthy essay about how Facebook will protection upcoming elections, Zuckerberg said governments, journalists, and non-profits could all help.

*Spotify's CMO Seth Farbman is departing the company as the music streaming company reorganizes its marketing group.* Farbman led the company's snarky and data-driven campaigns in recent years, and was also the top chief marketing officer on Business Insider's 25 most innovative CMOs in the world list in 2018.

*iHeartMedia has bought Stuff Media for $55 million, the Wall Street Journal reports. *Podcasting is a small but rapidly expanding slice of the digital advertising pie. 

Join the conversation about this story »

NOW WATCH: The CMO of $30 billion financial giant State Street says to be successful, you have to be the CEO of your own brand Reported by Business Insider 17 hours ago.

'The Verdict - State Vs Nanavati' : Angad Bedi bags a pivotal role in Ekta Kapoor's upcoming webseries

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On 27th April, 1959, a dashing Parsi naval officer pumped three bullets from his revolver into a rich Sindhi businessman and then went and confessed his brutal crime to the Police.The infamous story of K.M. Nanavati Vs. State of Maharashtra is still one of the most sensational criminal cases in India.  ALTBalaji is all set to present this trial case in an upcoming drama web series titled, 'The Verdict – 'State Vs Nanavati', where actor Angad Bedi will portray lawyer Karl Khandalvala. This 10-episode  series will be directed by Shashant Shah.

Commenting on his collaboration with ALTBalaji Angad shared, "After Inside Edge, I was keen to do a show only if it ups the ante in terms of uniqueness of storyline. I heard the concept of this show, it just blew my mind! Powerful and exceptional roles like these are what actor dreams are made of. You know, I have always believed that with Ekta one can expect the unexpected, and this is one of those. You would identify certain genres with her but with ALTBalaji she will break every stereotype that ever existed."   

He further adds, "The story at its core is so powerful, and who wouldn’t take up the opportunity to play Karl Khandalawala, the experienced top running criminal lawyer. It’s an interesting role and I have already started preparing for it. I am so glad to have got this opportunity to work with Shashant Shah who is going to direct this show."

Despite six decades, the story of the trial which revolved around infidelity, cold-blooded murder and patriotism still grabs people’s attention. This 10-episode courtroom drama will be based on public records, newspaper articles of the time, interviews with people who have knowledge of the case. While the result of the trial is now a known fact, it is the unfolding of the case that remains a matter of interest to the nation. ALTBalaji’s 'The Verdict' will have a whole host of theatre veterans playing pivotal roles. Stay tuned for more information on that!

Article Type: 
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Fri, 14 Sep 2018-08:31pm
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Highlights:  Reported by DNA 14 hours ago.

GRSi Presents $18,250 to Tragedy Assistance Program for Survivors (TAPS) Raised at 9th Annual Charity Golf Tournament

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Record Donations Will Help Support Survivors of Fallen Service Members

FREDERICK, Md. (PRWEB) September 14, 2018

GRSi presented a check for $18,250 to the Tragedy Assistance Program for Survivors (TAPS), setting a new record for funds raised through the firm’s annual charity golf tournament. This year’s event, held at Worthington Manor Golf Course on the Thursday before Memorial Day, attracted multiple sponsors and over 100 golfers.

Marie Campbell, Senior Advisor, Community Engagement & Special Events at TAPS, received the check on behalf of the organization in a presentation ceremony held at GRSi corporate headquarters. GRSi CEO and President, Dr. David Affeldt presented the check to Ms. Campbell, stating, “We are incredibly grateful to TAPS for their work supporting the families of fallen veterans. It is an honor to support such a worthy organization.”

TAPS offers compassionate care to all those grieving the loss of a loved one who died while serving in our Armed Forces or as a result of his or her service. Since 1994, TAPS has provided comfort and hope 24/7 through a national peer support network and connection to grief resources, all at no cost to surviving families and loved ones. To date, TAPS has assisted more than 80,000 surviving families, casualty officers and caregivers.

About GRSi
GRSi is a professional services and technology innovations company, providing state-of-the art solutions across a broad range of requirements, in highly agile yet controlled environments complying with CMMI, SEI, IEEE/EIA standards and Lean Six guidelines supporting critical mission objectives in the DoD, Civilian and commercial communities.

GRSi provides IT infrastructure modernization and architecture design, software engineering, technology assessment and insertion, cybersecurity, scientific & Health IT solutions, cloud services, and multi-tier IT Service Management to 10,000 direct users and more than 100,000 indirect users leveraging more than 350 subject matter experts and CMMI/dev-ML3 appraised and ISO 9001:2015 audited processes coupled with Agile best-practices. Learn more at http://bit.ly/GRSiHome. Reported by PRWeb 15 hours ago.

12 Kosovo officials accused of paying phony war veterans

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PRISTINA, Kosovo (AP) — Prosecutors in Kosovo are accusing 12 government officials of misusing public money by paying veterans benefits to people they knew hadn't fought for the country.The national prosecutor's office alleged in... Reported by New Zealand Herald 13 hours ago.

Kosovo indicts 12 people including government minister over war pensions fraud

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Kosovo's state prosecutor indicted 12 people including senior government officials on charges of pensions fraud on Friday, accusing them of falsely registering thousands of people as war veterans who claimed millions of euros in state benefits. Reported by Reuters 12 hours ago.

Vince Pizzica Joins BeBop Technology as Chairman

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Longtime ICT and media industry executive and veteran Technicolor strategic leader Vince Pizzica joins BeBop Technology, the media and entertainment industry's leading provider of cloud platforms and solutions, as non-executive Chairman.

LOS ANGELES (PRWEB) September 14, 2018

BeBop Technology, provider of robust and secure platforms and solutions for moving workflows to the cloud, announced today that leading ICT and media industry executive Vince Pizzica has been named non–executive Chairman.

“BeBop’s growth, our vision of integrating the cloud with artificial intelligence and blockchain, and a burgeoning wave of digital content expansion have made it apparent that we need a widely respected strategic visionary to join the team from a more global perspective,” said Bruce Long, CEO& co-founder of BeBop Technology. “We are honored my friend and comrade of many years, Vince Pizzica, is helping BeBop at this critical juncture for both our company and the industry.”

Throughout his career, Pizzica developed and displayed strong expertise in translating strategy into operational plans and actions, technology management, and the commercialization of innovation. As BeBop Technology’s Chairman he will focus on global initiatives, strategic alliances, and expansion around key industry-wide trends, including artificial intelligence and blockchain.

“One of the things that impressed me most about BeBop is its team, which is a remarkable fusion of Media & Entertainment industry veterans and cloud technology experts, and I’m thrilled to work with them to reinforce the incredible energy and momentum in the company,” said Pizzica. “I’ve spent my career at the intersection of technology and entertainment, and I’m excited to help BeBop at this critical time where new technology is having a transformative impact on production, post-production, distribution, and consumption of media.”

Pizzica most recently served as Technicolor’s Senior EVP in charge of Corporate Development, where he oversaw the strategy and M&A activities for global expansion for the world’s largest post-production company, as well as Technicolor’s Technology business. Over his ten years working with Technicolor’s CEO, his leadership transformed the company from its legacy origins as Thomson to its position as the global innovator in Media & Entertainment solutions. Prior to joining Technicolor in 2008, Pizzica held senior technology roles at French telecommunications company Alcatel-Lucent and Telstra.

BeBop Technology’s innovative solutions for Media & Entertainment are designed to empower creatives to leverage the cloud in groundbreaking new ways. The company’s offerings include the BeBop platform, which provides secure, powerful virtualized desktops for moving media workflows, VFX pipelines, editorial, and post-production to the cloud; BeBop Rocket, the industry’s only cloud-optimized content ingest solution; BeBop Over The Shoulder (OTS), for secure, remote, real-time review and approval; and BeBop Managed Services, which for the past nine years has been one of the industry’s leading providers of uniquely defined cloud workflow solutions for migration initiatives, from single workflows to entire global enterprises. BeBop runs on all of the major public clouds, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), and in April 2018 the company announced a strategic integration with Adobe to make Adobe Creative Cloud available natively on the BeBop platform worldwide.

About BeBop Technology
BeBop Technology was founded in 2015 by veteran entertainment industry executive Bruce Long and Cloud technology expert David Benson. The company creates the most complete, secure, and innovative solutions for moving workflows to the Cloud. BeBop is headquartered in Los Angeles and has offices in London, New York, Sydney, and Vancouver. For more information: http://www.beboptechnology.com.

Copyright © 2018 BeBop Technology LLC (CA LLC). All rights reserved. BeBop Technology LLC (CA LLC), its subsidiaries, and their respective taglines are either trademarks or registered trademarks of BeBop Technology LLC or its subsidiaries in the United States and/or other countries. All other trademarks used are owned by their respective owners. Reported by PRWeb 8 hours ago.

Avalanche notebook: Tyson Barrie skips on-ice drills with minor injury

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Defenseman Tyson Barrie did not participate in on-ice drills Friday at training camp because of a lower-body injury he suffered during physical testing Thursday when veterans reported at the Pepsi Center. Reported by Denver Post 4 hours ago.

Defending champion France advances to Davis Cup final

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LILLE, France (AP) — Doubles pair Julien Benneteau and Nicolas Mahut sealed France's win over Spain in their Davis Cup semifinal on Saturday, giving the defending champions an unassailable 3-0 lead.The French veterans, both aged... Reported by New Zealand Herald 16 hours ago.
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