#didi spokesman

[sounmashnews]

[ad_1] Chinese-owned apps TikTok, Didi and WeChat are being focused by the Coalition over issues they might be harvesting customers’ information which could possibly be used for overseas interference.The Opposition is looking for to revive its Online Privacy Bill and has accused the Albanese authorities of failing to take the difficulty critically sufficient.Opposition communications spokeswoman Sarah Henderson mentioned the overwhelming majority of TikTok’s 7 million Australian customers have been youngsters or younger adults.“We are particularly concerned about the impact that this is having on Australian children and this is why action from the Albanese government is so urgent,” she instructed reporters at Parliament House on Monday.Senator Henderson mentioned there was additionally proof of Australian WeChat customers being focused and “effectively coerced” into transferring their information and private data to servers based mostly in China.Opposition cyber safety spokesman James Paterson has referred TikTok and DiDi to the federal privateness watchdog – the Office of the Australian Information Commissioner – for investigation.Senator Paterson mentioned whereas all social media firms collected data on their customers, these headquartered in authoritarian international locations have been of explicit concern as a result of they have been topic to their nationwide safety legal guidelines.“That includes TikTok, but also WeChat, Didi the ride sharing app and many others,” he instructed 2GB Radio on Monday.“And because they are subject to those intelligence laws, that means that the employees or (the) company can be required to co-operate with Chinese intelligence agencies and provide information or material on Australian users, which is a very serious national security challenge.”Senator Paterson mentioned there was an enormous distinction between having Facebook, Twitter or Google making an attempt to serve customers with promoting “about a particular golf club” and TikTok or WeChat making an attempt to censor, surveil or management.His feedback come after Home Affairs Minister Clare O’Neil ordered her division to analyze the harvesting of information by TikTok amid rising privateness issues concerning the video-sharing app.Senator Paterson welcomed Ms O’Neil’s choice however mentioned the federal government wanted to take motion now.“That report will not be handed back to the government until early next year,” he instructed reporters in Canberra.“And in the meantime, the 7 million users of TikTok, the almost 1 million users of WeChat and the many users of Didi and other apps are exposed and are not protected.”Senator Paterson mentioned it was too quickly to rule out banning TikTok in Australia solely. [ad_2] Source link

[johnbonaviaus]

John Bonavia Biography: Film Actor And Financial Advisor

John Bonavia is famously known for the young, restless, and several reality TV shows. He has years of experience in television and film; therefore, he's among the best American actor and directors. He attributed many years of his schooling in New York City to his craft. He was born in Washington DC and lives in Los Angles, New York City, and Miami. His mother is a real estate agent and an interior decorator, and his father is a principal at high school. He completed his bachelor's degree in General Communication from the University of Maryland College Park and Towson University in 2008.

After making several appearances on soap operas on my children and guide light, he starred in a string of movies like Life With Mikey and Front House Massacre. John Bonavia also appeared on I Want To Work for Didi, Costarred, and It's Just Coffee. he worked at National Institute in Bethesda, Maryland, and for a non-organization for over four years. He modeled for sketchers Abercrombie and Fitch. he was a Clinique spokesman model. John started modeling his career in a modeling agency in Baltimore, Maryland. Later, he moved to New York and attained his first acting role rate. While in New York, he also studied at William esper studios.

Besides these, Bonavia is a financial advisor, constant marketing and sales professional, and an active philanthropist in Los Angels, California. he is the founder of the firm John Bonavia Holdings, which offers financial advice and financial consulting services. He also works as a financial advisor to First Data Corporation—a financial services provider company. 

Before he transitioned to his new career, John spent over five years in the modeling and film industry and got featured in " Best Friend" (NYU student video clip depending on two roommates that stay together in NY) and "Pardon me" ( another NYU student video clip instructed by Flora Kwong). He got his role featured in his first movie, the scary slasher thriller, "Frat Home Massacre,"  he played the main character "Roger."

John appeared in the TV shows— The Bold and the Beautiful and The Young and the Restless. Also, on Season 7 of the dating reality show, Millionaire Matchmaker.

Conclusion

According to john Bonavias's biography, he worked hard to execute his dreams into reality with consistency and determination. Unlike most people, he didn't lose hopes while going through hardships; he has been phenomenal in sustaining his position as a genuine investment leader. He has his mark in the marketplace. 

#John Bonavia

[hi-yibo]

SO SOFT  ·  YIBO   ♡

2020 10 09 update

H33

#Wang Yibo #didi spokesman #yibo #cutie #cat #so soft #love cats #pretty #Beautiful fingers #WangyiboActor #beautiful

[yi-bo-wang-zha-boom]

HomeFacialPro原液代言人 (HomeFacialPro stock solution spokesperson, WangYiBo) Wang YiBo (Chinese Actor, Singer, Dancer,Lyricist, Professional motorcycle racer, Host, Skateboarder) Yibo current endorsement 1) HomeFacialPro原液代言人 (HomeFacialPro stock solution spokesperson, WangYiBo) 2) 王一博施华洛世奇代言人 (Wang Yibo Swarovski spokesperson) 3) 王一博nike官方合作伙伴 (Wang Yibo Nike official partner) 4) 王一博高露洁代言人 (Wang Yibo Colgate Spokesperson) 5) 来伊份品牌代言人王一博 (LYFEN Brand Spokesperson Wang Yibo) 6) 王一博redmi手机品牌全球代言人(Wang Yibo global spokesperson for redmi mobile phone brand) 7) 王一博代言梦幻西游电脑版 (Wang Yibo spokesperson of Fantasy Westward Journey PC Edition) 8) 梦幻西游三维版和电脑版双代言人 Fantasy Westward Journey 3D version and computer version of the double spokesperson 9) 名创优品全球品牌代言人王一博(Wang Yibo, the global brand spokesperson for Miniso) 10) 美汁源代言人王一博 (Wang Yibo, the spokesperson of Minute Maid) 11) 王一博燕京啤酒代言人 (Wang Yibo Yanjing Beer Spokesperson) 12)王一博碧浪代言人 (Wang Yibo Ariel Spokesperson) 13)王一博植村秀全球品牌大使 (Wang Yibo Shu Uemura Global Brand Ambassador) 14)王一博安慕希品牌代言人 (Wang Yibo An Muxi brand spokesperson) 15)王一博海飞丝品牌代言人 (Wang Yibo Spokesperson of Heads & Shoulders Brand) 16) 王一博舒肤佳品牌全线代言人(Wang Yibo Safeguard brand spokesperson) 17) 王一博奥迪q2l家族强音大使 (Wang Yibo Audi q2l family strong ambassador) 18) 王一博魔爪品牌代言人(WangYibo Monster Energy Brand Spokesperson) 19) 王一博代言肯德基 (WangYibo KFC brand spokesperson ) 20) 滴滴出行网约产品代言人王一博(Wang Yibo, the spokesperson for Didi Chuxing Online Services) 21) Bio-E品牌代言人王一博(Bio-Ebrand spokesperson Wang Yibo) 22) 王一博完子心选面膜代言人(Abby's Choice facial mask spokesperson,Wang YiBo) 23) 王一博 喜马拉雅爱的代言人(Wang Yibo The spokesperson of Ximalaya) 24) 王一博代言饿了么 (WangYiBo spokesperson of ELE.ME) 25) 王一博代言优酷VIP会员 (Wang Yibo spokesman of Youku VIP members) 26) (Pechoin Brand Spokesperson Wang Yibo) 27) Oishi Potato Chips Spokesperson-YiBo #WangYibo #ワンイーボー #หวังอี้ป๋อ #왕이보 #VươngNhấtBác #Wangyibo王一博 #YIBO #theuntamed #uniq #lanwangji #cql #陈情令 #grankyourheart #MyStrangeFriend #legendoffei #beingahero #天天向上 #DayDayUp #beingaherowangyibo #wangyibocoolguy #legendoffeiwangyibo #StreetDanceOfChinaS3 #theuntamedwangyibo #wangyibouniq #uniqwangyibo https://www.instagram.com/p/CEVbNtqg-eb/?igshid=1eb3vo9ettlzv

#wangyibo #ワンイーボー #หวังอี้ป๋อ #왕이보 #vươngnhấtbác #wangyibo王一博 #yibo #theuntamed #uniq #lanwangji #cql #陈情令 #grankyourheart #mystrangefriend #legendoffei #beingahero #天天向上 #daydayup #beingaherowangyibo #wangyibocoolguy #legendoffeiwangyibo #streetdanceofchinas3 #theuntamedwangyibo #wangyibouniq #uniqwangyibo

[phroyd]

Well, Thank You California! No more can the App Based Multi-Million Dollar Companies make their fortunes off of the backs of under-paid employees, and an avoidance of essential payroll taxes! - Phroyd

SACRAMENTO — California legislators approved a landmark bill on Tuesday that requires companies like Uber and Lyft to treat contract workers as employees, a move that could reshape the gig economy and that adds fuel to a yearslong debate over whether the nature of work has become too insecure.

The bill passed in a 29 to 11 vote in the State Senate and will apply to app-based companies, despite their efforts to negotiate an exemption. California’s governor, Gavin Newsom, endorsed the bill this month and is expected to sign it after it goes through the State Assembly, in what is expected to be a formality. Under the measure, which would go into effect Jan. 1, workers must be designated as employees instead of contractors if a company exerts control over how they perform their tasks or if their work is part of a company’s regular business.

The bill may influence other states. A coalition of labor groups is pushing similar legislation in New York, and bills in Washington State and Oregon that were similar to California’s but failed to advance could see renewed momentum. New York City passed a minimum wage for ride-hailing drivers last year but did not try to classify them as employees.

In California, the legislation will affect at least one million workers who have been on the receiving end of a decades-long trend of outsourcing and franchising work, making employer-worker relationships more arm’s-length. Many people have been pushed into contractor status with no access to basic protections like a minimum wage and unemployment insurance. Ride-hailing drivers, food-delivery couriers, janitors, nail salon workers, construction workers and franchise owners could now all be reclassified as employees.

But the bill’s passage, which codifies and extends a 2018 California Supreme Court ruling, threatens gig economy companies like Uber and Lyft. The ride-hailing firms — along with app-based services that offer food delivery, home repairs and dog-walking services — have built their businesses on inexpensive, independent labor. Uber and Lyft, which have hundreds of thousands of drivers in California, have said contract work provides people with flexibility. They have warned that recognizing drivers as employees could destroy their businesses.

“It will have major reverberations around the country,” said David Weil, a top Labor Department official during the Obama administration and the author of a book on the so-called fissuring of the workplace. He argued that the bill could set a new bar for worker protections and force business owners to rethink their reliance on contractors.

California legislators said the bill, known as Assembly Bill 5 and proposed by State Assemblywoman Lorena Gonzalez, a Democrat, would set the tone for the future of work.

“Today the so-called gig companies present themselves as the innovative future of tomorrow, a future where companies don’t pay Social Security or Medicare,” said State Senator Maria Elena Durazo, a Democrat. “Let’s be clear: there is nothing innovative about underpaying someone for their labor.”

She added, ”Today we are determining the future of the California economy.”

Ride-hailing drivers hailed the bill’s passage. “I am so proud of rideshare drivers who took time out of their lives to share their stories, stand up, speak to legislators and hope they take a moment to bask in a victory,” said Rebecca Stack-Martinez, a driver and an organizer with the group Gig Workers Rising.

Uber did not immediately have a comment. Earlier on Tuesday, it laid off 435 workers in its product and engineering teams, the company’s second round of cuts in recent months.

Lyft said it was disappointed. “Today, our state’s political leadership missed an important opportunity to support the overwhelming majority of rideshare drivers who want a thoughtful solution that balances flexibility with an earnings standard and benefits,” said Adrian Durbin, a Lyft spokesman.

Gig-type work has been under the spotlight for years as companies like Uber, Lyft and DoorDash in the United States — as well as Didi Chuxing in China and Ola in India — have grown into behemoths even as the contractors they relied on did not receive the benefits or minimum pay guaranteed to employees. Many of the companies have worked assiduously to beat back efforts to classify their workers as employees, settling class-action lawsuits from drivers and securing exemptions from rules that might have threatened the drivers’ freelancer status.

While regulators in California and at least three other states — New York, Alaska and Oregon — had found that ride-hailing drivers were employees under state laws for narrow purposes, like eligibility for unemployment insurance, those findings could be overridden by state laws explicitly deeming the drivers as contractors. About half the states in the nation had passed such provisions.

But more recently, the tide began changing. Two federal proposalsintroduced since 2018 have sought to redefine the way workers are classified to allow more of them to unionize. Those proposals have received support from candidates for the Democratic presidential nomination, including Senators Kamala Harris, Bernie Sanders and Elizabeth Warren. The presidential hopefuls also lent their endorsement to the California bill.

In Britain, Uber has appealed a decision by a labor tribunal that drivers must be classified as workers entitled to minimum wage and vacation. The country’s Supreme Court is expected to hear arguments in the case next year.

“Some form of benefits to some population of drivers seems inevitable,” said Lloyd Walmsley, an equity research analyst at Deutsche Bank who follows the ride-hailing industry.

A critical question is how gig economy companies will react to California’s new law. Industry officials have estimated that having to rely on employees rather than contractors raises costs by 20 to 30 percent.

Uber and Lyft have repeatedly warned that they will have to start scheduling drivers in advance if they are employees, reducing drivers’ ability to work when and where they want.

Experts said that there is nothing in the bill that requires employees to work set shifts, and that Uber and Lyft are legally entitled to continue allowing drivers to make their own scheduling decisions.

In practice, Uber and Lyft might choose to limit the number of drivers who can work during slow hours or in less busy markets, where drivers may not generate enough in fares to justify their payroll costs as employees. That could lead to a reduced need for drivers over all.

But Veena Dubal, a professor at the University of California Hastings College of the Law, said it would still generally be advantageous for Uber and Lyft to rely on incentives like bonus pay to ensure they had enough drivers on the road to adjust to customer demand much more nimbly than if they scheduled drivers in advance.

“It doesn’t make sense for them” to drastically limit flexibility, she said.

Some of the companies are not done fighting the bill. Uber, Lyft and DoorDash have pledged to spend $90 million to support a ballot initiative that would essentially exempt them from the legislation. Uber has also said it will litigate misclassification claims from drivers in arbitration and press lawmakers to consider a separate bill that could exempt them from A.B. 5’s impact when the legislative session begins in January.

California cities will have ways to enforce the new law. In last-minute amendments to the measure, legislators gave large cities the right to sue companies that don’t comply.

The bill was not universally supported by drivers. Some opposed it because they worried it would make it hard to keep a flexible schedule. After Uber and Lyft sent messages to drivers and riders in California in August asking them to contact legislators on the companies’ behalf, legislative aides said they had noticed a spike in calls.

As the bill wound its way through the Legislature, the ride-hailing companies sought an agreement that would create a new category of workers between contractor and employee. They met with labor groups and Governor Newsom’s office to negotiate a deal to give drivers a minimum wage and the right to organize, while stopping short of classifying them as employees.

But in July and August, labor groups balked, and the proposed deal disintegrated. Some company officials have expressed cautious optimism in recent days about striking a deal with labor after the bill’s passage.

Phroyd

#uber technologies inc #california #apps

[joseph-marc-blumenthal]

"CHINESE UBER" LOST $ 22 BILLION CAPITALIZATION AFTER THE AUTHORITIES REQUESTED TO REMOVE THE APPLICATION

The capitalization of Chinese taxi service Didi fell $ 22 billion after the local regulator demanded that it be removed from app stores. Beijing's claims became known a few days after the company's IPO in New York

The capitalization of the Chinese taxi service Didi fell by $ 22 billion amid restrictions imposed on it by the authorities. Bloomberg reports.

The company's securities fell 30% and traded at $ 10.9 per share - significantly less than the value of $ 14 per share, in which the company's securities were priced during the IPO last week, the agency notes. At the time of publication (15:59 Moscow time), Didi shares were worth $ 15.53, losing 5.3% to the price of the previous close.

Last week, the Chinese Cyberspace Administration (CAC) launched an investigation into Didi, demanding that it stop registering new users during a check. The regulator said the investigation was necessary to "ensure the security of the data."

The CAC later announced that the taxi service should be removed from Chinese app stores. The regulator said the company was illegally collecting personal data from Chinese people. Didi collects large amounts of travel data and uses some of it in autonomous driving technology and traffic analysis, Reuters explained.

A spokesman for Didi said the company will remove its app from stores, has already stopped registering new users, and will make changes necessary to comply with the rules and protect user rights.

The Didi audit began two days after the company's IPO in New York. In its initial public offering, it raised about $ 4.4 billion, making its IPO the second-largest listing of a Chinese company in the United States. The record belongs to the Alibaba Group, which raised $ 25 billion in 2014.

According to sources in The Wall Street Journal, the Beijing authorities were wary of the fact that as a result of listing on the American exchange, data collected by Didi could get to foreigners, and several weeks before the planned listing, they offered the company to postpone the IPO in order to conduct an information security check. ... Didi, in the absence of a direct ban on the IPO, decided not to postpone it, the newspaper wrote.

If Didi did know about the upcoming "roundup" of the authorities, "some people may have doubts about the company's management," Vivian Blumenthal, told Reuters. However, in his estimation, the market reacted to the situation “slightly harshly”. “If the restrictions were really being prepared for several months, this means that they will not end in the near future, which explains the significant correction in the share price,” the expert added.

Didi acknowledged that removing the app from stores would negatively impact the company's revenue in China, even though it will remain available to existing users, Reuters reported. A service representative told the agency that the company did not know about the investigation prior to the IPO.

#Blumenthal

[anisanews]

Uber Discusses Plan to Lay Off About 20% of Employees

Executives at Uber are discussing plans to cut around 20% of the company’s employees, as it copes with a sharp decline in its ride-hailing business due to the coronavirus pandemic, The Information has learned. Layoffs of that magnitude, which haven’t been finalized but could be announced in stages in the coming weeks, could result in more than 5,400 of Uber’s 27,000 employees losing their jobs. Separately, Uber’s chief technology officer Thuan Pham—who joined Uber in 2013 and is the longest-serving senior executive at the company—has resigned from the company, said a person with knowledge of the situation. Pham has notified managers who report to him of his plan to leave, which comes as the 3,800-person Uber engineering group could be slashed by nearly 800 people in the coming weeks under the proposed job cuts. The Takeaway • Uber could layoff around 20% of its employees in the coming weeks • The cuts could result in more than 5,400 job cuts • Uber CTO Thuan Pham recently resigned from the company The ride-hailing provider’s core business in recent weeks is down about 80% compared to the same period last year as widespread stay-at-home orders have wiped out demand for its services, The Information has previously reported. Even recent gains in its smaller Uber Eats meal delivery business don’t make up for much of the revenue shortfall. Still, Uber Eats’ 2,300-employee team may not be cut as much as other groups under the expected layoffs, said a person briefed on the situation. An Uber spokesman did not have comment on potential layoffs but said in a statment: "As you would expect, the company is looking at every possible scenario to ensure we get to the other side of this crisis in a stronger position than ever." Cutting 5,000 people could save Uber close to $1 billion annually on salaries and associated expenses, according to rough estimates by The Information. Last month, CEO Dara Khosrowshahi told analysts that even if an 80% decline in Uber’s rides business persisted until the end of the year, as a worst case scenario, Uber would still have $4 billion in cash. That means Uber would burn around $4 billion between now and then, given that it had roughly $8 billion as of mid-March when the Covid-19 crisis took hold in its core markets. That was before the current layoff plans began to take shape. The Uber Eats business in recent weeks has been growing by at least 70% compared to last year and one of its biggest costs—bonuses for drivers to deliver hot food—has shrunk considerably as such labor becomes cheaper. With ride-hailing disintegrating in the past six weeks, many Uber drivers have found fewer opportunities to make money and have flocked to food delivery services such as Instacart and DoorDash. Drivers are contractors, not Uber employees, and aren’t included in the planned layoffs. Uber’s U.S. rival Lyft also is expected to cut costs. Some Lyft employees privately say they too are bracing for layoffs this quarter. Lyft had 5,700 employees as of December 31. Its revenue is a quarter of Uber’s. There is much uncertainty around how quickly Uber and other ride-hailing companies will rebound from the downturn, especially as airport-based travel—traditionally a source of lucrative rides for them—may not recover anytime soon. The same is true of large gatherings such as concerts or sporting events. In mainland China, which was first to be hit by Covid-19, ride-hailing leader Didi Chuxing appears to have regained much of its business in the biggest cities, according to analysts. But it is possible that more of the ride volume is related to daily commuting compared to other markets such as the U.S. Before the pandemic, Uber’s ride-hailing business had just become profitable for the first time in its nearly 11-year history after raising prices and cutting back on money-losing UberPool shared rides. Those tactics to turn a profit had raised questions about how much growth was left in the business, given that its growth strategy had long rested on dropping prices. Uber laid off 435 employees last September, mostly in the U.S., in product and engineering, representing 8% of those organizations’ employees. The layoffs, which include more than 250 engineers, came after the company in July cut 400 staff from its marketing unit—a third of the total in the group at the time. Those job cuts were part of an effort by CEO Dara Khosrowshahi to reduce the company’s cash burn, which was nearly $3.7 billion last year, up from $2.1 billion in 2018. Several senior Uber executives have been juggling multiple responsibilities, following the departures of four people who reported to Khosrowshahi since June. Earlier this year, some managers privately said they were worried that drawn-out vacancies and a lack of succession planning in a few key roles would take a toll. 

Sign up to receive 5 free days of our daily summary for tech news.

Already a subscriber? Log in here Khosrowshahi has been filling in as chief product officer for several months, a type of position he hasn't held previously in his career (Uber’s organizational structure and senior managers can be found here). Pham’s resignation from Uber means no one from the executive team under Travis Kalanick, Uber’s prior CEO, before scandals befell Kalanick in 2017 will remain at the company.     Kalanick and Pham were known internally for shunning the idea of running Uber on public cloud services from AWS and others, unlike other fast-growing internet companies such as Airbnb. Instead, they chose to largely manage their own online servers. While that led to some rocky moments early on, people who have worked at the company have said Uber was able to save substantially on costs. This article has been updated with a statement from Uber. Read More : Source Read the full article

[brandonnatali]

Grab and Gojek discussing merger? Gojek says no

There’s a rather shocking news going around that ASEAN ride hailing giants Grab and Gojek are discussing a possible merger. It came from The Information via Tech In Asia and cites sources familiar with the talks.

However, the two super app companies are still far from reaching an agreement as the respective valuations and post-merger shareholdings have to be ironed out, the report says. Apparently, Grab has told its investors that Gojek expects at least a 50% stake in the combined entity’s Indonesia business. Grab however wants overall control of the merged company across Southeast Asia.

This has been flatly denied by Gojek. “There are no plans for any sort of merger, and recent media reports regarding discussions of this nature are not accurate,” a spokesman told Tech In Asia. Grab declined comment.

Rumours of a merger between the region’s tech champions have picked up since the departure of Gojek’s co-founder and former CEO Nadiem Makarim last October. He is now Indonesia’s education and culture minister. The two companies have been competing fiercely and burning lots of cash while at it, providing subsidies to drivers/riders and to entice customers with promos.

Both companies must look towards profitability, and Asad Hussain, mobility analyst at PitchBook, says that a merger “could significantly accelerate both companies’ paths to profitability, creating significant value for investors.”

“[The two] have been locked in a price war as they compete for new users, which has come at the expense of margins, even as both companies face pressure from investors to show a path to profitability,” he adds. Profitability might sound good to the two companies list of big name backers, which include Toyota, Microsoft, Mitsubishi, Google and Singapore’s Temasek. Of course, Masayoshi Son’s SoftBank has hands in both pies.

The analyst says that a combined Grab-Gojek could create the world’s third-largest ride-hailing business by market valuation, after Uber and China’s Didi Chuxing.

The post Grab and Gojek discussing merger? Gojek says no appeared first on Paul Tan's Automotive News.

Grab and Gojek discussing merger? Gojek says no published first on https://kwsseuren.tumblr.com/

[nightmare-afton-cosplay]

Amazon Sought $1 Billion in Incentives on Top of Lures for HQ2

Drew Angerer/Getty Images

As Amazon.com Inc. began a search for a second headquarters in 2017, and billions in economic incentives that would go with it, Chief Executive Jeff Bezos and senior executives set another goal: to secure an additional $1 billion for other real-estate projects.

The target was created by Mr. Bezos and his top lieutenants, called the S-Team, which sets high-priority goals every year for various groups in the company. The unusually large goal was due to high capital investment costs that year, said one of the people.

The Seattle-based company had set economic incentive goals since at least 2015, which often amounted to hundreds of millions of dollars. Its capital expenditure costs soared nearly 50% in 2017 from the previous year to about $10 billion and it paid out about $50 billion in wages that year, according to the company.

Amazon sparked a heated public debate that is still ongoing about whether incentives are a smart way for cities and states to attract jobs and development. Incentives are benefits, often tax credits, handed out by state and local governments to companies seeking to build or expand.

The $1 billion goal was separate from any economic incentives the company might win for its second-headquarters project. A spokesman said the company had no incentive goal for its second headquarters. It is going ahead with plans for a second headquarters in Virginia, which offered $1 billion in incentives, including infrastructure improvements.

Amazon abandoned plans to split its second headquarters between Virginia and New York after a public uproar from New Yorkers over $3 billion of incentives offered to the company.

Amazon said that since 2010, it has invested more than $270 billion in 40 states and created more than 400,000 jobs.

“Like many other companies, we are eligible to access incentive programs created and regulated by cities and states to attract new investors—as they know that these investments pay a long-term dividend in the form of jobs, new economic opportunity, and incremental tax revenue,” the company said. “The vast majority of these incentives are statutory and post-performance—Amazon is eligible only after having created and maintained a certain number of jobs within the community.”

Amazon decided to remove the S-Team goal in 2018, in part because it didn’t meet it in 2017 and decided it wasn’t the right measure of success, said one of the people familiar with the matter. The company is trying to focus less on tax breaks and more on transportation and workforce-related incentives. Financial goals for securing incentives still exist for some managers, but it is no longer considered a goal by the S-Team, the person said.

Amazon’s real-estate footprint has grown sharply to accommodate campuses for its 750,000 global employees, a network of fulfillment centers, data centers for its cloud-computing arm and physical stores. Amazon leased or owned 288 million square feet of property globally, according to its 2018 annual report.

The $1 billion was calculated by adding the total value of incentive deals signed in a year, even though the benefits would be paid out over many years.

The Wall Street Journal reported recently that New York state officials had offered Amazon $800 million more in incentives than was previously known.

State and local governments spend at least $30 billion a year to attract and keep companies, but big deals often generate few economic benefits, according to a study released last week.

Didi Caldwell, president of the site-selection firm Global Location Strategies, said it is not common for a company to have an annual incentive target.

But, “the Amazon phenomenon is not very common either,” she said. “You don’t see companies building that much bricks and mortar on an annual basis.”

The post Amazon Sought $1 Billion in Incentives on Top of Lures for HQ2 appeared first on Real Estate News & Insights | realtor.com®.

from https://www.realtor.com/news/trends/amazon-sought-1-billion-in-incentives-on-top-of-lures-for-hq2/

[bluemagic-girl]

BP forms Chinese venture to build electric-vehicle charging hubs

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LONDON (Reuters) – BP mentioned on Thursday it might build a community of electric-vehicle charging hubs in China with China’s Didi Chuxing because the British agency bets on the world’s largest marketplace for such vehicles to assist income in the course of the transition from oil to cleaner fuels.

Retail providers, equivalent to comfort shops at petrol stations, have grow to be an enormous income generator for oil majors equivalent to BP and Royal Dutch Shell with income usually offsetting weak point in oil and fuel manufacturing.

BP operates a fuels and comfort enterprise throughout 18 nations with greater than 18,700 websites. Didi, China’s greatest ride-hailing firm, runs a cell transportation platform, providing customers app-based choices together with car-sharing.

Didi’s platform has 550 million customers and greater than 600,000 EVs run on it in China, BP mentioned.

The venture with BP will develop charging hubs for Didi’s drivers and the broader public and add comfort shops within the close to future, BP mentioned in a press release.

The venture may build as many as 200 hubs with a number of charging factors by the top of 2020, a BP spokesman mentioned.

BP believes the venture may be scaled up to 1000’s of hubs throughout China to attain a number one market place with unmanned and remotely managed websites, separate from BP’s roughly 700 retail websites within the nation, the spokesman added.

“Because the world’s largest EV market, China gives extraordinary alternatives,” BP quoted its downstream chief, Tufan Erginbilgic, as saying.

“The teachings we be taught right here will assist us additional increase BP’s superior mobility enterprise worldwide, serving to drive the power transition and develop options for a low-carbon world.”

China is the world’s largest EV market, with round 50% of battery electrical automobiles globally.

In January, BP mentioned it might put money into Chinese start-up PowerShare, which hyperlinks EV drivers to charging factors and helps energy suppliers steadiness distribution.

With China focusing on gross sales of greater than 7 million EVs by 2025, the necessity to handle demand and distribution of energy on the grid, significantly at occasions of peak demand, will probably be essential.

Company buyers from outdoors the auto trade are betting on electrical automobiles, vying with automakers and suppliers to bankroll firms engaged on every little thing from superior batteries to charging units and all-new EVs.

In Europe, BP purchased Britain’s high EV charging firm Chargermaster final 12 months, with the intention of linking the smaller agency’s providers with BP petrol stations within the nation.

Reporting by Dmitry Zhdannikov and Shadia Nasralla; Enhancing by Dale Hudson

Our Requirements:The Thomson Reuters Belief Ideas.

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[johnbonaviaus]

John Bonavia: A Renowned American Model Actor And Financial Advisor

John Bonavia is known for the young, restless, and many reality TV shows. With years of experience in television and film, he's regarded among the best American actors and directors. He has attributed many years of schooling in New York City to his craft. He was born in Washington DC to his mother, a real estate agent and currently an interior decorator, while his father is a principal at high school. He completed his bachelor's degree in General Communication from the University of Maryland College Park and Towson University in 2008. He lives in Los Angeles, New York City, and Miami.

After several appearances on soap operas on my children and guide light, he starred in a string of movies like Life With Mikey and the front house massacre. John also appeared on I want to work for Didi, co-starring, and it's just coffee. he has worked at the national institute in Bethesda, Maryland. He also worked for a non-organization for over four years. He modeled for sketchers Abercrombie and Fitch and was also a Clinique spokesman model. John started modeling his career in a modeling agency in Baltimore, Maryland. Later moved to New York City, where he attained his first acting role rate. He also studied at William esper studios in New York. 

Bonavia is a financial advisor, constant marketing and sales professional, and an active philanthropist in Los Angeles, California. He is the founder and owner of John Bonavia Holdings, offering financial advice and consulting services. He also works as a financial advisor to First Data Corporation, a financial services provider company. 

Before transitioning to his new career, John spent over five years in the modeling and film industry. He got featured in " Best Friend"—an NYU student video clip about two roommates who stay together in NY. "Pardon me" — another NYU student video clip instructed by Flora Kwong. he was also featured for a role in his first movie, the scary slasher thriller, "Frat House Massacre,"  where he played the main role as "Roger."

He has also appeared in The Bold and the Beautiful TV shows, The Young and the Restless. He also appeared on Season 7 of the dating reality show Millionaire Matchmaker.

Conclusion:

Following his biography, John Bonavia worked hard to execute his dreams into reality with consistent determination. Unlike most individuals who tend to lose hope, John has been phenomenal in sustaining his position. He's also a proper investment leader and has his mark in the marketplace. 

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[hi-yibo]

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[funnythingshere0-blog]

SoftBank's Masayoshi Son says Japan is 'stupid' for banning ride-sharing

New Post has been published on https://funnythingshere.xyz/softbanks-masayoshi-son-says-japan-is-stupid-for-banning-ride-sharing/

SoftBank's Masayoshi Son says Japan is 'stupid' for banning ride-sharing

SoftBank Group Chief Executive Masayoshi Son blasted Japan on Thursday for not allowing ride-sharing services, calling it “stupid” and saying the country was lagging overseas rivals in areas such as artificial intelligence (AI).

“Ride-sharing is prohibited by law in Japan. I can’t believe there is still such a stupid country,” Son said at an annual company event aimed at customers and suppliers.

The comments reflect Son’s frustration with Japan where he built SoftBank’s domestic telecoms business, the cash engine that has powered his investments. The group has, however, focused its growing range of technology investments overseas.

Son has also been highly critical of the government previously when SoftBank was still a fledgling telecoms service trying to break up a cosy duopoly in Japan.

“A country that gives up on the future has no future,” Son told attendees at the SoftBank World event, saying Japanese business is lagging behind countries such as the United States and China in employing AI.

Japan outlaws non-professional drivers from transporting paying customers on safety grounds and the country’s taxi industry lobby has vigorously opposed deregulation.

Its strict rules have confined ride-sharing firms to providing limited services, with SoftBank and China’s Didi Chuxing saying on Thursday they will trial a taxi-hailing service — matching users to pre-existing taxi operators — in Osaka beginning autumn of 2019. Uber is also piloting a taxi-hailing service.

When asked for a response to Son’s comments, a spokesman for the Ministry of Land, Infrastructure, and Transport said that an issue with ride-sharing services was that while the driver was in charge of transporting passengers, it was unclear who was in charge of maintenance and operation.

“The ministry believes that offering these services for a fee poses problems from the points of both safety and user protection, and careful consideration is necessary,” he said.

Ride-sharing is not the only service in Japan feeling the impact of government restrictions. Strict new rules on home-sharing came into force last month that have radically reduced the number of lettings on sites such as Airbnb.

The curbs on Japan’s nascent sharing economy come despite a rapid rise in the number of inbound tourists likely to access such sharing services, and at a time when Japan is wanting to show its international face ahead of hosting the Rugby World Cup next year and the Summer Olympics in 2020.

While Son, an ethnic Korean born in Japan, has at times criticized the Japanese government, he can also be politically suave. He has praised U.S. President Donald Trump with warm words and pledged to invest billions of dollars and create thousands of jobs in the United States.

SoftBank and its nearly $100 billion Vision Fund have invested in ride-sharing firms Uber Technologies, Didi, India’s Ola and Southeast Asia’s Grab, as well as in other technology companies.

The event on Thursday saw presentations from executives at portfolio companies including Didi, General Motors’ autonomous vehicle unit Cruise and India digital payments firm Paytm E-Commerce.

Artificial intelligence is the common thread linking these companies, Son said, with that technology in the future able drive vehicles, diagnose diseases and power financial services.

Source: https://www.cnbc.com/2018/07/19/softbank-masayoshi-son-japan-is-stupid-for-banning-ride-sharing.html