Month: July 2019

US Mall Investors Set to Lose Billions as Retail Gloom Deepens

first_img 4 min read The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit.Weak September core retail sales, which strip out auto and gasoline sales, provide a window into the pain the holders of mall debt face in coming months as retailers with a physical presence keep discounting to stave off lagging sales.Some $128 billion of commercial real estate loans — more than one-quarter of which went to finance malls a decade ago — are due to refinance between now and the end of 2017, according to Morningstar Credit Ratings.Wells Fargo estimates that about $38 billion of these loans were taken out by retailers, bundled into commercial mortgage-backed securities (CMBS) and sold to institutional investors.Morgan Stanley, Deutsche Bank and other underwriters now reckon about half of all CMBS maturing in 2017 could struggle to get financing on current terms. Commercial mortgage debt often only pays off the interest and the principal must be refinanced.The blame lies with online shopping and widespread discounting, which have shrunk profit margins and increased store closures, such as Aeropostale’s bankruptcy filing in May, making it harder for mall operators to meet their debt obligations.Between the end of 2009 and this July ecommerce doubled its share of the retail pie and while overall sales have risen a cumulative 31 percent, department store sales have plunged 17 percent, according to Commerce Department data.According to Howard Davidowitz, chairman of Davidowitz & Associates Inc., which has provided consulting and investment banking services for the retail industry since 1981, half the 1,100 U.S. regional malls will close over the next decade.Too muchA surplus of stores are fighting for survival as the ubiquitous discount signs attest, he said.”When there is too much, and we have too much, then the only differentiator is price. That’s why they’re all going into bankruptcy and closing all these stores,” Davidowitz said.The crunch in the CMBS market means holders of non-performing debt, such as pensions or hedge funds, stand to lose money.The mall owners, mostly real estate investment trusts (REITs), have avoided major losses because they can often shed their debt through an easy foreclosure process.”You have a lot of volume that won’t be able to refi,” said Ann Hambly founder and chief executive of 1st Service Solutions, which works with borrowers when CMBS loans need to be restructured.Cumulative losses from mostly 10-year CMBS loans issued in 2005 through 2007 already reach $32.6 billion, a big jump from the average $1.23 billion incurred annually in the prior decade, according to Wells Fargo.The CMBS industry is bracing for losses to spike as loan servicers struggle to extract any value from problematic malls, particularly those based in less affluent areas.In January, for example, investors recouped just 4 percent of a $136 million CMBS loan from 2006 on the Citadel Mall in Colorado Springs, Colorado.Investor worries about exposure to struggling malls and retailers intensified in August when Macy’s said it would close 100 stores, prompting increased hedging and widening spreads on the junk-rated bonds made up of riskier commercial mortgages.Adding to the stress, new rules, set to be introduced on Dec. 24, will make it constlier for banks to sell CMBS debt. The rules require banks to hold at least 5 percent of each new deal they create, or find a qualified investor to assume the risk.This has already roughly halved new CMBS issuance in 2016 and loan brokers say the packaged debt financing is now only available to the nation’s best malls. Investors too are demanding greater prudence in CMBS underwriting.Mall owners who failed to meet debt payments in the past would just hand over the keys because the borrowers contributed little, if any, of their own money. The terms often shielded other assets from being seized as collateral to repay the debt.Dodging the overall trend, retail rents for premier shopping centers located in affluent areas continue to rise. Vacant retail space at malls is at its lowest rate since 2010, according to research by Cushman & Wakefield.The low vacancy rate reflects the ability of some malls to fill the void left by store closings by offering space to dollar stores and discounters.That is, however, little consolation for investors.”With the retail consolidation that we have ahead of us, malls have a fair amount of pain left to come,” Edward Dittmer, a CMBS analyst at Morningstar, said.(By Herbert Lash and Joy Wiltermuth; Editing by Carmel Crimmins and Tomasz Janowski) Shopping Next Article U.S. Mall Investors Set to Lose Billions as Retail Gloom Deepens Weak September core retail sales, which strip out auto and gasoline sales, provide a window into the pain the holders of mall debt face in coming months as retailers with a physical presence keep discounting to stave off lagging sales. Learn how to successfully navigate family business dynamics and build businesses that excel. Reuters Register Now » –shares October 21, 2016 Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Reuters | Shannon Stapleton/File Photo Add to Queue This story originally appeared on Reuterslast_img read more

Payment Card Startup Plastc Took 127 Million From Investors and Customers and

first_img –shares Senior Reporter Plastc promised its card device could store information from up to 20 other payment cards, saving customers the bother of carrying wallets filled with different cards. Enroll Now for $5 Angry customers who gave smart credit card company Plastc $9 million in pre-orders and then abruptly shut down are hoping to sue the company. Venture capital investors had also sunk a reported $4.3 million into the fintech startup.Plastc promised its card device could store information from up to 20 other payment cards, saving customers the bother of carrying wallets filled with different cards. But the Palo Alto, Calif., company announced yesterday on its site that it was considering bankruptcy, after failing to close two series A funding rounds. It has “let go” all of its employees and shut down its social media channels.Now Plastc’s customers want to file a class action lawsuit against the company, which they describe as “a scam.” Each card cost $155, and in its terms of conditions Plastc stated that pre-orders were “non-refundable.” It hasn’t said whether it will give money back to customers.One angry customer has set up a Facebook page called “Plastc Class Action Lawsuit”, and is encouraging others to join the case. According to one update: “A class action lawsuit is being started against Plastc to ensure anyone who pre-ordered will receive their money back.”A later update advises disappointed backers to keep copies of all their communications with Plastc on file.One commenter wrote: “I don’t care about the $155 but I want this clown to be held accountable even if the lawyers are the [ones] that get paid. It does seem this was a scam for a while since [CEO Ryan Marquis] was always very evasive. There is no way investors would pull out from this days before shipping but I’m sure they saw something we don’t know about that hopefully would come out in the legal proceedings.”There is little trace left of Plastc online, except for furious customers commenting on Twitter, Facebook, and Reddit.The company shut down its @PlastcInc Twitter handle in the last 24 hours and deleted the PlastcInc Facebook page. CEO Ryan Marquis also deleted his personal Twitter account. All that’s left of Plastc’s website is a notice titled “We Regret to Inform You…” and the company’s full statement, which you can read below.If you search for “@PlastcInc” on Twitter, you’ll see lots of comments like this:@PlastcInc You guys still in business? Support line states: “This number is not in service at this time”.— Rai Navakas (@raiusa01) April 20, 2017@PlastcInc please provide an update via Twitter or Facebook. People are getting concerned due to no communication since Q2 started.— BAPD77 (@BAPD77) April 10, 2017According to Crunchbase and other public records, Plastc’s venture backers invested $4.3 million in the company. Backers included Mitsubishi, Grayhawk Capital, Peninsula Ventures, IncWell and ZenStone Venture Capital. Of these, IncWell and Greyhawk Capital list Plastc among their portfolio companies, while Peninsula Ventures partner Gregory Ennis is listed as a Plastc board member.Here’s the notice from Plastc in full:Important NoticeWe Regret to Inform You…For the past 3 years, our mission here at Plastc was to build and deliver the most technically ambitious smart card on the planet. After making enormous leaps in development, product innovation and progress towards our goal, Plastc has exhausted all of its options to raise the money it needs to continue.Plastc, Inc. is exploring options to file Chapter 7 Bankruptcy and will cease operations on April 20, 2017.While we have fallen short of our goal, we are proud of our team and the effort that went into developing a working Plastc Card. However, without the necessary capital to continue, all employees have been let go, which means that Customer Care and Social Media channels are unmanned or have been shut down.How We Got Here:We were expecting to close a $3.5 million Series A funding round on February 28, 2017. There are functioning Plastc Cards, which were demonstrated to our investors and our backers, and the capital was to be allocated for the mass production and shipping of Plastc Cards to pre-order customers. At first, the principal investment group postponed their investment and a couple of weeks later the round fell apart.After the initial funding was unavailable, Plastc made progress with another investor who offered $6.75 million. This deal was scheduled to close last week and would propel development across the finish line, as well as allow for Plastc Card pre-orders to be shipped and for production to continue into a retail phase.However, once again at the very last minute, our investor gave us notice that they have decided rescind their investment offer. The round was a signature away from closing and we were extremely caught off guard when they notified us yesterday they were backing out. Our existing investors kept us alive and functioning as long as they could during this fundraising process, but in the end, we needed new outside capital to get into production.What This Means For Backers:It’s been a long road with a lot of obstacles. The support of our amazing backers has been incredible, which makes this announcement even harder. We were so incredibly ready for production in order to hit our deadlines but without capital it is impossible for us to move forward and we will not be able to fulfill any pre-orders.We are disappointed and emotionally distraught, and while we know this is extremely disappointing for you, we want our backers to know that we did everything we could to make Plastc Card a reality.- Plastc Inc. 5 min read Image credit: Plastc via BI Add to Queue Fireside Chat | July 25: Three Surprising Ways to Build Your Brandcenter_img Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Next Article Shona Ghosh Tech Startups Payment Card Startup Plastc Took $12.7 Million From Investors and Customers … and Then Just Disappeared April 21, 2017 This story originally appeared on Business Insiderlast_img read more

5 Tips for Leaving Your Stress at Work

first_img This story originally appeared on Personal Branding Blog No matter what your job is, work can be stressful. But what if it gets so stressful you feel like you have no time to relax? You end up bringing piles of work home with you, and it starts to cut into the time you should be spending on yourself or with your friends and family.Related: 7 Ways a Journal Can Help Your CareerFinding a good work-life balance can be tough, especially in the digital age when it’s so easy for your work to follow you home. Here are five tips to help you in your pursuit to a healthy work-life balance:1. Maintain a healthy lifestyleAs if diet and exercise didn’t already affect our physical health enough, these factors have a huge impact on your mental health, as well. By implementing a regular workout schedule and eating healthy food, you can boost your ability to manage stress. And if you’re less stressed, you’re more equipped to leave that stress at the office.Unfortunately, when people are stressed, they tend to want to eat greasy, fatty comfort foods like pizza and ice cream. Try to resist this as much as possible, because these foods only make you feel lethargic and less able to deal with stress. Steer clear of high-fat foods, caffeine and sugar and opt for high-fiber, carbohydrate-rich foods like sweet potatoes, vegetables and rice. Fruits and vegetables are always a good choice, and in this case, they’ll help fight stress by boosting your immune system and filling your body with antioxidants.When it comes to exercise, the most important thing is to find an activity you enjoy. If you hate to run, don’t run. Try Zumba, kickboxing, swimming or playing a co-ed sport — there are tons of ways to get some exercise without torturing yourself. You might even have some fun while decreasing your stress levels and increasing your productivity, thus making it easier to leave that slightly smaller pile of work at the office.2. Take breaks throughout the dayJust as athletes take breaks throughout a game, working people should be taking breaks throughout their workdays. One study found that taking periodic breaks throughout the day can lead to higher job satisfaction, reduced emotional exhaustion and an overall greater effort from employees to go above and beyond.Though the frequency and length of breaks should vary from person to person based on preference and feasibility, the study suggests employees at least try to take a brief break early in the day. Morning breaks can leave you feeling more energized, motivated and focused. They can even help reduce headaches, eyestrain and lower back pain.Related: 8 Ways Your Hobbies Can Help You Get a JobIn short, taking breaks keeps your stress at a manageable level while you’re at work, allowing you to go home feeling accomplished and calm, rather than frustrated and exhausted.3. Organize your timeThe first step to organizing your time is setting aside time to organize your time. Taking 10 to 20 minutes at the beginning of the day to look over your tasks and set goals for the day can drastically increase your productivity.It’s also crucial to designate specific hours of the day as your “working hours.” The addition of technology has made it even harder for some people to leave work at work — it’s difficult to enforce office hours with bosses, co-workers and clients calling and emailing you well into the evening. However, setting boundaries on your time is one of the most basic tips to establish a proper work-life balance.Make a list of the things that are important to you and decide how much time you want to spend on them each week. These could include hanging out with your family, playing an instrument, reading, learning a new skill, practicing a hobby or just kicking back and watching a movie. No matter what the activity is, make sure to have some “me time” planned into your week.4. Set up “tomorrow you” for successAlong with organizing your time at the beginning of the workday, it’s also important to carve out time at the end of the day to think about the next day’s priorities. This will save you from the morning scramble of trying to remember what you’re supposed to be working on.Take another 10-20 minutes at the end of the day to write your future self a note about what you did that day, where you left off and what tasks you need to get started on in the morning. This method will allow you to streamline your work and maintain a smooth flow from day to day. It also prevents you from obsessing over which tasks you need to tackle the next day — you can relax, knowing it’s already taken care of.5. Embrace your commuteCommuting is one of the leading causes of stress in working people. One Swedish study found that couples where one partner commutes at least 45 minutes have a 40 percent higher chance of getting divorced. How you spend your commute influences your productivity during the day, and your attitude when you get home.Related: 11 Tips to Negotiate Like a ProTry using your morning commute as a time for meditation, reflection and breathing exercises. Practicing these skills can help you remain calm and focused throughout the day. On your way home, concentrate on unwinding and celebrating that you’re on your way home. You may feel like you need to rush to get home and relax, but why wait? Do whatever makes you feel stress-free — roll down the windows and blast some music, or embrace the beautiful sound of silence after a trying day.Finding a balance between work and life can be challenging and stressful. But, in addition to maintaining a healthy lifestyle and making the most of your commute, you can manage this stress easier by taking breaks throughout the day, organizing your time and setting yourself up for success. No matter what your job is, work can be stressful. Next Article Add to Queue 5 Tips for Leaving Your Stress at Work Stress Sarah Landrum June 3, 2017 –shares Free Webinar | July 31: Secrets to Running a Successful Family Business 6 min read Image credit: Shutterstock | Enhanced by Entrepreneur Learn how to successfully navigate family business dynamics and build businesses that excel. Register Now »last_img read more

US SmallBusiness Confidence Declined in September NFIB Says

first_img U.S. small-business optimism fell in September as more owners said they expected a slowdown in profits and sales, tightening credit conditions and a harder time filling job openings, according to a survey released on Tuesday.The National Federation of Independent Business said its Small Business Optimism Index fell 0.8 point to 95.3. The index is now five points below where it was before the start of the 2007-2009 financial crisis and recession.Six of the index’s 10 components fell in the survey of 608 randomly-selected small-business owners.Still, more business owners said they believed it was a good time to expand their firms and expected better conditions in six months.Owners added an average of 0.24 workers per firm last month on a seasonally adjusted basis, an improvement from August’s average of 0.02 workers.Half of the owners said they had hired or tried to hire in the last three months, although 42 percent said they had a hard time finding qualified candidates.The survey suggests weaker job creation as those surveyed said they planned to hire fewer workers and spend less on capital investments.”Overall, no progress, still stuck in a rut that has been difficult to escape with so little progress on the issues important to small business owners,” NFIB chief economist William Dunkelberg said, referring to the survey results.(Reporting by Elvina Nawaguna; Editing by Paul Simao) Add to Queue Next Article Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Reuters 2 min read –shares NFIB This story originally appeared on Reuters U.S. Small-Business Confidence Declined in September, NFIB Says Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals October 14, 2014 Register Now »last_img read more

Gmail Increases File Attachment Size Limit to 50MB

first_img It’s not uncommon to download files that are multiple gigabytes in size, but when it comes to emails, attachments are still very limited. That’s no bad thing, because nobody wants their email client sat there downloading huge files. However, sometimes you need to send a large file, and Google is responding to that need by increasing the file size limit for Gmail.Gmail users can now receive files of up to 50MB in size. However, attaching a file directly in Gmail is still limited to 25MB. That shouldn’t be a problem as Google offers to store larger files on Google Drive and send a link in the email instead. This is how most large files should be sent via email. Relying on a file storage and download service means emails stay small and users can choose when it’s convenient to download attachments.Google revealed the size increase yeterday and should have it rolled out to all Gmail accounts before the end of the week. What you may not be aware of is the fact Google actually limits how many emails a user can receive every day “to keep our systems healthy and your accounts safe.”Each account can receive a maximum of 86,400 emails in one day. That limit is further broken down to a limit of 3,600 emails per hour and 60 per minute. If you hit one of the limits then no further email can be received for the next 24 hours and any that get sent “are bounced or deferred back to the sender.” –shares But you can only receive files that large, not send them. Register Now » Matthew Humphries Senior Editor Image credit: qoppi | Shutterstock.com This story originally appeared on PCMag Gmailcenter_img Gmail Increases File Attachment Size Limit to 50MB Add to Queue Next Article March 2, 2017 2 min read Learn how to successfully navigate family business dynamics and build businesses that excel. Free Webinar | July 31: Secrets to Running a Successful Family Businesslast_img read more

iOS 11 Adds PeertoPeer Payments and Siri Translation and Overhauls App Store

first_img Add to Queue –shares Image credit: Apple Learn how to successfully navigate family business dynamics and build businesses that excel. Executive Editor, PCMag 3 min read Free Webinar | July 31: Secrets to Running a Successful Family Business Apple’s iOS 11 will give Venmo a run for its money with person-to-person payments within Messages, the company announced at WWDC today.The App Store is also getting a makeover, as is the Control Center and Notifications menu. And Siri will be doing battle against Alexa with upgrades like on-the-fly translations and a smoother voice.The Apple Pay upgrade will be integrated with Messages as an iMessages app. You can then send funds to friends, who have three options: add it to an Apple Pay cash card, which you can use to buy apps and other Apple services; send it to someone else; or withdraw it and add it to your bank account.Cupertino also promised more apps and stickers within Messages, but most notably, Messages will be stored in the cloud. Content will be synced across devices but also optimized on the device, so only the most recent messages are cached on your device, freeing up space.Siri is growing up, with a “more natural and expressive” voice, Apple says, and an upgraded user interface. If you’re traveling, meanwhile, you can speak to Siri and ask her (or him) to translate it to one of five languages: Chinese, French, German, Italian, or Spanish.Apple says Siri will also take note of your activity across the OS, displaying things of interest in news, providing a location for an appointment or assisting in making a calendar appointment. What Siri learns about you will also sync across your Apple devices.Control Center, the menu that emerges when you swipe from the bottom, is also getting consolidated. It’s a bit more cluttered than the interface in iOS 10, but things like music, which was relegated to its own screen in iOS 10, is now together with everything else for one-swipe access. Apple also teased easier-to-manage notifications and upgrades to its Photos app.If you use Apple Maps, the company talked up the improvements for drivers. A Do Not Disturb mode will help you keep your eyes on the road. If anyone texts you during your drive, Maps can send them an automatic text, telling them you’ll call or text back when you arrive at your destination. In the case of an emergency, there is the option to allow certain people to break into your drive, even with Do Not Disturb on.Though hardware isn’t usually on the agenda at WWDC, Apple revealed a new iPad Pro, which will take advantage of some powerful multi-tasking features in iOS 11. That includes drag and drop and an easier-to-use app picker menu. The slide-over menu is still there, but you can also organize your apps at the bottom of the screen, peeling off specific apps and moving them around the screen.The new iPad Pro is shipping now, but will get iOS 11 in the fall. Developers can get their hands on a beta version of iOS 11 today; a public beta is expected next month. This story originally appeared on PCMagcenter_img iOS 11 Adds Peer-to-Peer Payments and Siri Translation and Overhauls App Store Register Now » Chloe Albanesius Next Article June 5, 2017 Apple also revealed a new iPad Pro, which will take advantage of some powerful multi-tasking features in iOS 11. Applelast_img read more

These Are the Skills Freelancers Need Most to Make an Impact Right

first_imgTechnology –shares 2019 Entrepreneur 360 List 6 min read November 21, 2017 The only list that measures privately-held company performance across multiple dimensions—not just revenue. These Are the Skills Freelancers Need Most to Make an Impact Right Now Apply Now » The future of work is constantly evolving. Like it or not, technology remains a massive disruptor across industries. Change in the workplace is not only coming, it’s already here, and you want to make sure you’re on top of the skills that are rapidly shaping the jobs marketplace and are influencing your ability to remain relevant within your field.A recent study by Upwork, an online marketplace for freelancers, identified some of fastest growing skills that are shaping the freelancer market. A sharp spike in interest surrounding emerging technologies, especially with regard to cybersecurity, blockchain and artificial intelligence, heavily inform what have become the 10 fastest-growing skills:Robotics Blockchain Bitcoin Penetration testing React.jsAmazon Web Services Lambda, Augmented realityDeep learning Instagram marketingFinal Cut Pro XRobotics, blockchain and Bitcoin are all making first appearances on the list. The freelancer marketplace, according to Rich Pearson, the senior vice-president of online freelance platform Upwork, acts as an indicator for impactful workplace trends on a much larger scale for the coming years. “It’s a window into how companies are embracing new technologies,” he tells Entrepreneur. “The fact that robotics, blockchain and bitcoin related skills are on the list indicates that many companies are unable to find these skills locally and are turning to freelance specialists to enable them to deliver new products to market.”Related: The 15 Best Freelance Websites to Find JobsCryptocurrency and blockchain are steadily filtering into the mainstreamEven though cryptocurrency is by its nature intangible, the hype and frenzy around it has prompted venture capitalists to invest a fair amount of cold, hard cash into companies who are working on the development and integration of Blockchain, a distributed ledger platform (DTL) that verifies and records transactions, like with Bitcoin.According to CB Insights, a firm that predicts tech trends, since 2012, there have been more than 650 equity deals made with blockchain companies, investments totaling more than $2.1 billion. As of October 2017, 95 active VCs had at least one blockchain investment and be the end of the year, that number is expected to reach 120.“[Bitcoin payment] acceptance by retailers is still relatively low. But major businesses, like Overstock, Dish Network, Microsoft, Intuit and PayPal have all integrated Bitcoin payments into their services,” says Pearson, who notes that the adoption of the technology by these stalwarts leads the way for a larger trend across the retail industry. “A lot of times when [retailers] are doing prototyping or feasibility [testing], they will hire freelancers in order to see how it would work.”Bitcoin has certainly captured notoriety and public fascination, and while one Bitcoin is currently equivalent to $7,759.98, it is the Blockchain technology that is being hailed as a game changer in the way we do things. Many businesses are still in the experimentation and testing stage on how to best use and integrate distributed ledger technology into their practices.What’s evident is that like with any rapidly growing technology, the skills related to building, maintaining and working with those systems are in short shrift, so possessing these skills will lead to more opportunities for work across a variety of industries, freelance or full-time. The Financial Times reports that blockchain related advertisements have tripled on LinkedIn over the past year.Related: These Are the Best Cities to Be Your Own BossFor companies on high alert, information security is in high demand.Cybersecurity is another valuable area where skills are urgently needed. Security breaches, such as the ones that have happened to Yahoo and Equifax, are growing increasingly commonplace, and consumers are demanding companies do a better job at their protection.Skills, such as penetration assessment, which comes in at number four on Upwork’s list of fasting growing skills, is how you test the vulnerability of a system’s infrastructure to potential hackers. The researchers cited the U.S. State of Cybercrime 2017 survey, which found that 36 percent of businesses reported being affected by a phishing attack in 2016, compared to 26 percent in 2015.“The Bureau of Labor Statistics says the rate of growth for jobs in information security for 2014 to 2024 is going to be at 18 percent, which is the fastest of all occupations,” notes Pearson. He explained that the most frequent use case that Upwork sees is when a company is testing out a specific cybersecurity issue that they know or suspect is occurring, and they are able to develop solutions and coverage at a much faster pace by accessing a market of freelancers, unhindered by the talents’ location.Related: Three Ways to Launch (or Become) a Remote CompanyEvery business is (or should be) using A.I.The study also cited that global spending on robotics is projected to more than double from $91.5 billion in 2016 to more than $188 billion in 2020. This means the skills in demand will be related to augmented reality and machine learning, thanks to A.I.’s broader adoption across industries, particularly in the automobile industry. These days, it’s become standard for businesses, from airlines to hotels to banks, to employ chatbots to provide 24/7 customer service. According to UBS, the A.I. industry is expected to rocket from a $5 billion in revenues in 2015 to more than double the revenue at $12.5 billion in 2020.Pearson noted that A.I. adoption is driving a demand for freelancers that have a facility with deep learning, natural language processing and machine learning skills. In particular, he says that those three experienced more than a 150 percent year-over-year growth in in the third quarter of the year. Skills like neural networks and image processing have also seen high growth. “A.I. [is] a way to look at different types of objects and identify them quickly, label them and then build a logic off of them,” explains Pearson.For anyone who wants to remain relevant in the job market, being a freelancer with a learning mindset is key, regardless of your field. The coding and programming skills being taught in universities today will be out of date a few years from now, so even the technology-minded are being challenged to keep updating their skills. Blockchain, AR and AI are all breaking new ground, but what technology really does is force us to be nimble.What new skills are you learning right now? Let us know in the comments.center_img Entrepreneur Staff Next Article Nina Zipkin Image credit: South_agency | Getty Images The explosive growth in Blockchain, cybersecurity and AI is influencing the fastest-growing skills in the freelance job market, says a new study. Staff Writer. Covers leadership, media, technology and culture. Add to Queuelast_img read more

Winter ice cream Northern Bloc introduces new foodservice line

first_imgWinter ice cream: Northern Bloc introduces new foodservice linePosted By: News Deskon: November 24, 2017In: Dairy, Foodservice, Industries, Innovation, New productsPrintEmailBritish ice cream manufacturer Northern Bloc has developed a new line of winter flavours for the foodservice industry.The festive range consists of: cinnamon and Belgian biscuit, creamy coconut and caramelised roasted almonds, and milk chocolate and salted caramel.Also available as part of the new offering is the pink grapefruit and bergamot sorbet which Northern Bloc says combines sweet orange and floral notes that offset the bitter grapefruit edge.Based in Leeds, Northern Bloc first started to supply the restaurant and foodservice industry in 2014. It now boasts growing numbers of suppliers across the UK.Co-founder and director Josh Lee said: “We’ve always strived to be innovators within the ice cream category and we feel this new range clearly showcases the research and development that goes into any Northern Bloc product.“Combining trend-led flavours with the highest-quality ingredients means that we’re offering chefs a super-premium product, so they no longer have to prepare ice cream themselves.“Northern Bloc products are perfect for any kitchen or foodservice looking to offer their customers something different while maintaining the highest quality and consistency.”Northern Bloc said its ice creams are made with responsibly-sourced natural ingredients, including Yorkshire milk and Venezuelan cocoa.Share with your network: Tags: Dairyfoodserviceice creaminnovationnew productNorthern Bloclast_img read more

Diageos Distill Ventures acquires stake in whiskey brand Westward

first_imgDiageo’s Distill Ventures acquires stake in whiskey brand WestwardPosted By: Jules Scullyon: September 13, 2018In: Alcohol, Beverage, Business, Industries, Mergers & AcquisitionsPrintEmailDiageo’s drinks accelerator Distill Ventures has expanded in the US single malt whiskey category with the purchase of a minority stake in Westward Whiskey.Founded by Christian Krogstad at part of House Spirits Distillery, Westward Whiskey is brewed and distilled using Pacific Northwest barley and ale yeast, and mingled in small batches.On a typical day, the distillery team brews 3,000 gallons of pale ale whiskey wash, which is double-pot distilled to produce enough whiskey to fill five to six new barrels of Westward Whiskey.The investment by Diageo through Distill Ventures includes both the current distillery in Portland and the Westward American Single Malt brand and inventory.Enabling capacity expansion of nearly 40% next year, the investment will allow the Westward brand to continue to meet growing demand using only whiskey that is produced from scratch at its Portland facility.Westward CEO Thomas Mooney said: “We are thrilled to bring our Westward American single malt whiskey into the Distill Ventures family, an exciting and logical next step as we expand our brand across the United States and into export markets around the world.“This strategic partnership with Distill Ventures and Diageo brings deep production expertise, an enhanced route to market, and the capital that we need to realise the full potential of our Westward American single malt whiskey programme.”Distill Ventures North America managing director Gonzalo de la Pezuela said: “The Distill Ventures model offers the best entrepreneurs the opportunity to scale and grow their businesses independently with specialised acceleration resources on a global basis. “Our team is deeply committed to working with strong founders like Westward’s Thomas Mooney and Christian Krogstad, who deliver on innovation and excel at brand building. Westward American Single Malt whiskey is an unparalleled spirit that perfectly delivers on the vision of placing a US brand amongst the world’s most coveted single malts.”Eugene Khabensky, ventures director at Diageo, added: “As a global spirits leader, we are thrilled when a high-quality brand like Westward joins the Distill Ventures family. As a company built from founder-led brands, we are excited to support two great new entrepreneurs, Thomas Mooney and Christian Krogstad, as they accelerate Westward to the next level. We believe this brand has the potential to thrive in the emerging American single malt whiskey category.”As is customary with all companies that work with Distill Ventures, the founders and current investors of Westward Whiskey will retain majority ownership and continue to run the business independently.The remaining spirits that have historically been under the House Spirits Distillery umbrella, including Krogstad aquavit, Volstead vodka, and Casa Magdalena rum, are not part of the investment but will continue to be produced at the Portland distillery and supplied through the existing distributor network.Other brands which Distill Ventures has invested in include non-alcoholic spirit Seedlip and vermouth producer Belsazar.Share with your network: Tags: DiageoDistill venturesUSWestward Whiskeywhiskylast_img read more

Interview The response to functional dairy products

first_imgInterview: The response to functional dairy productsPosted By: Harriet Jachecon: November 19, 2018In: Dairy, Functional, Health, Interviews, Labelling, NutritionPrintEmailConsumers are expecting more from their food products, with functional benefits coming to the fore of consumer demands as more people become educated about nutrition.The dairy sector has also seen a surge in protein-enhanced products, meaning consumers can enjoy great tasting products while fulfilling their need for energy or muscle repair.As a World Dairy Innovation Awards 2018 winner, WheyHey, a protein enhanced ice-cream, offers consumers such functional benefits through its ready-to-eat format. Damien Kennedy, founder of WheyHey, details how the sector has responded to the demands of functionality in dairy, and explores the insights he has gained into consumer usage of protein.Do you think there is a limit to the demand for whey protein enhanced products?Right now the protein message is appearing on all sorts of products, from breakfast cereals to yogurts – however, with much of these, the protein comes from inferior sources such as soy and nuts. These are not easily digested by the body and do not give you the full range of amino acids like Whey protein – the gold standard of protein sources.As protein continues to become more mainstream, consumers will become better educated in this area and the different protein claims being made, ranging from ‘contains protein’ to ‘source of protein’ to ‘high in protein’ (all of which legally require a different protein content). As consumers become savvier, they will know the difference between brands that just claim to contain protein and those with enhanced protein content, and will seek out brands that use high-quality sources of protein and give them the protein hit they’re after.How have you retained the taste of your ice cream while it is still naturally sugar-free?We are proven in blind taste tests to be the best tasting healthy ice cream. We use the highest quality ingredients in all of our products and to retain the sweetness of the ice cream whilst making it sugar-free, we use an extract from the birch tree. The whey protein isolate that we use also helps to give our ice creams a thick and creamy texture without having to fill the products with lots of bulking agents. What changes have you witnessed in terms of functionality within the dairy sector?The main change that we have noticed is the messaging on packaging. So many brands are now shouting about being a source of protein or high protein but very little has actually changed in their products.Dairy is naturally a good source of protein but this message has been neglected until the protein trend has emerged. However, with so many of these products, it is important to note that although they are high in protein, the sugar content is extremely high and consumers can be misled into thinking a product is healthy purely due to the protein claim.How do consumers make functional dairy part of a routine, say for an exercise diet?The bio-availability of whey protein is second to none, so it can play a very useful role in the recovery process around workouts, traditionally consumed in protein shakes. However, protein consumption throughout the day is also very important, especially for those who do exercise a lot, so functional dairy products help consumers meet their protein requirements.Unfortunately, many of these products will also be packed full of sugar at the same time making it hard to people to find a genuinely healthy option.Can functionality be applied to all areas of the dairy sector, and are you looking to expand into other formats?We have a brand that allows us to expand into different formats and it’s something that we are always looking to do, we want consumers to know that wherever in store they find a Wheyhey product it will be delicious, sugar-free and high in protein. The focus on sugar removal is so important at the moment and this will always be at the core of our products. Functionality is important but this doesn’t have to be done in a technical and clinical way. Wheyhey wants to educate consumers and do so in a friendly approachable manner to help consumers live outrageously well. Are there any other functional benefits you are or could potentially look into for dairy products?Recently dairy has been getting quite a bad reputation, particularly with the emergence of so many dairy alternatives. However, we firmly believe that dairy already holds so many benefits for the human body. Aside from whey protein, dairy is a great source of vitamin D and calcium which is so important for bone health.However, an emerging trend is gut health. Dairy products, especially yoghurts, contain probiotics, and these have been shown to improve overall health as well as reduce the risk of disease. Whatever direction we take Wheyhey in, we will make sure that the product as a whole has the desired health and nutritional benefits. Too many companies shout about one aspect of their product whilst neglecting another, misleading consumers. For more information on the winners of the World Dairy Innovation Awards 2018, click here.Share with your network: Tags: CEO SeriesproteinWheyhey!last_img read more

South Carolina woman killed in alligator attack while walking her dog

first_imgShare via Email This article is more than 10 months old Share via Email Share on Facebook Cassandra Cline, 45, of Hilton Head Island, was walking the dog along a residential area of Sea Pines Resort when she was attacked, state and local officials said. The 8ft alligator was later found and euthanized, Sam Chappalear of the South Carolina Department of Natural Resources told the Island Packet newspaper. “It appears the alligator went after her dog and she tried to protect it,” Chappalear said. The dog was unharmed. Blake Smith, 34, was leaving his house when he saw police cars and firetrucks in the neighborhood. “I waited for about 30 minutes, then I started hearing rumors about what happened down the road from here,” Smith told the newspaper. “It’s odd because this is the first time we’ve heard about an aggressive alligator around a human in the five years that we’ve been living here.” Smith said that at times alligators have been spotted in yards or pools, but Sea Pines quickly removed those animals. “They do a good job. This is just a sad incident,” he said. “I have a young son, so it’s kind of concerning to see something like this could happen.” Sea Pines said in a statement that it’s working with authorities “to ensure necessary access to the site while the investigation is underway”. South Carolina South Carolina Share on Twitter Associated Press in Hilton Head Island, South Carolina Share on Messenger Read more Witnesses said the woman was pulled under the water by an 8ft alligator but the dog did not appear to have been hurt The 8ft alligator was later found and euthanized, Sam Chappalear of the South Carolina Department of Natural Resources told the Island Packet newspaper.Photograph: Image Broker / Rex Features This article is more than 10 months old news Last modified on Mon 20 Aug 2018 14.54 EDT Share on Pinterest Share on Twitter … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Topics A woman trying to protect her dog was killed by an alligator which pulled her into a lagoon at a private South Carolina resort, authorities said on Monday. Share on Facebook Support The Guardian Since you’re here… Mon 20 Aug 2018 14.12 EDT Body of woman killed by alligator found in Florida lake South Carolina woman killed in alligator attack while walking her dog Share on LinkedIn Shares122122 Share on WhatsApp Reuse this contentlast_img read more

Phenomenally saddening inside the sordid world of Americas forprofit colleges

first_img Facebook ‘Phenomenally saddening’: inside the sordid world of America’s for-profit colleges 10 Nov 2018 1:00 Jake Nevins @jhnevins Share on Twitter Facebook I’m a college teacher and that doesn’t describe the students I know (and I have taught hundreds of them). This is the Fox news version of what college students are like, when the fact is that many of them are carrying jobs outside of class and working their tails off to get their degree. And yes, there is a massive difference. As the article shows, and the frontline documentary, and probably this documentary, the for-profit colleges literally exist for no other reason then to get federal money for providing a truly subpar education, if any degree is involved at all. I have a student right now in graduate school out of U of Phoenix who in four years never wrote a paper and is performing below the level of some of the college freshman I have taught— and not because she isn’t bright, she seems very bright, but Phoenix was about federal money and talking her into loans. A state college would’ve taken a quarter of that tuition and given her the opportunity to get a good education with a degree that has meaning to employers. Reply 10 Nov 2018 1:37 Twitter Facebook Reply It’s in there, you just have to read the whole thing! Landish Davenport Attorneys general Report | Pick Reply tericheri 3 4 Sign up for the Guardian documentaries update Reply Reply Share on Twitter None. But the founder of Trump University is now President of the United States! Never drop the con! the cesspools of progressive political indoctrination the former have become. 9 Nov 2018 21:19 Twitter Facebook Matt M Share Facebook Documentary films Thomas1178 rg12345 comments (326)Sign in or create your Guardian account to join the discussion. Share on Twitter | Pick In 2014, film-maker Alex Shebanow read about Corinthian Colleges, one of America’s largest for-profit college companies, while working on a documentary about student loan debt.Relying heavily on federal student loans, from which it took $1.4bn in yearly revenue, Corinthian was on the brink of collapse after the department of education halted the company’s flow of federal funding due to evidence of rampant fraud in its reporting of grades and job placements.Corinthian, a behemoth of the for-profit college industry that marketed its vocational and post-secondary programs to single mothers at or below the poverty line, was already under investigation by various federal agencies, the education department, and 20 different state attorneys general when it said it could not operate for more than a few days without an influx of cash. Internal documents revealed the for-profit specifically targeted “isolated” and “impatient” individuals with “low self-esteem”. features Share on Twitter Facebook Share via Email No, it can’t. NJrubble Oldvaluesandnewones Twitter Fri 9 Nov 2018 05.00 EST germini Report Share on Twitter Reply nicely put. i would just add that the monetization also atomizes everything so that it is increasingly difficult to see any non-monetizable relationships, whether those relationships be between humans and humans or within the various ecosystems still functioning. 8 9 Reply Share on Facebook 100 All Oldvaluesandnewones Twitter Twitter 9 Nov 2018 21:44 1 Facebook 10 Nov 2018 0:32 Loading comments… Trouble loading? 75 76 Share on Facebook Report Share on Facebook Share on Facebook Spot on. Marx used another concept that pre-dated “monetisation”: fetishisation (or commodity fetishism). If there’s one thing that Marx was very perceptive and correct in understanding how capitalism works and how the market transforms social relations, this is it 🙂 https://en.m.wikipedia.org/wiki/Commodity_fetishism (For a quick summary) 2 3 Twitter Share on Twitter Share 9 Nov 2018 23:20 justanotherflyboy Reply Oldvaluesandnewones Reply 12 13 Nash437 | Pick Share on Twitter 8 9 Facebook Share on Twitter tjt77 Share on Facebook Share 10 Nov 2018 0:45 Share on Facebook Reply 4 5 Ricko Smith Share on Twitter 3 4 Share on Facebook Share Report Share on Facebook Share on Facebook Share 9 Nov 2018 22:44 Show 3 more replies Report Report 1 2 Facebook | Pick Share on Facebook This is the Fox news version of what college students are like, when the fact is that many of them are carrying jobs outside of class and working their tails off to get their degree. Share memo10 Twitter Reply | Pick justanotherflyboy Share on Twitter Read more | Pick Reply | Pick | Pick Share Twitter Reply Order by oldest | Pick Facebook 10 Nov 2018 0:37 NJrubble newest | Pick Twitter 0 1 Facebook Share on Twitter Share Facebook Share on Facebook 7 8 Share on Facebook Facebook 7 8 Share on Twitter Close report comment form Facebook Share Share on Facebook Share Share on Facebook Share | Pick mbidding Share Share 0 1 These worthless for profit “universities” have been present in the USA since the late 1800s, but they were always a relatively tiny segment of the education market. That changed in the 1980s when conservative politicians began to reduce funding for (good quality) public universities. This is one more evil we can blame on the growth of conservative ideology over the past 40+ years. 10 11 2 3 Twitter Facebook Reply collapsed 10 Nov 2018 9:03 Thomas1178 Share on Facebook Nash437 Twitter 10 Nov 2018 2:50 Report Hey, we gotta pay for those top tax breaks and foreign wars somehow. We can’t just keep spending like it’s the 1950s, when the richest incomes were taxed at 90% and the corporate tax rate was 50%. Reply You presume there is education going on? Share on Facebook Share on Facebook Share Sign in or create your Guardian account to recommend a comment Share on Twitter 0 1 Share on Twitter 9 Nov 2018 20:47 9 Nov 2018 21:28 Share on Facebook Share on Facebook Reply Sanibel The new documentary Fail State, executive produced by Dan Rather, tells the 50-year tale of profit-driven colleges scamming society’s most vulnerable There are also reasonably priced resources such as The Great Courses (I’ve been brushing up on my Spanish) and online. Share Twitter | Pick 10 Nov 2018 0:43 25 Reply Twitter | Pick Reply Gramercy Share on Facebook Nancy Pelosi | Pick … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Share | Pick Report Facebook Reply Facebook Share on Facebook Share 0 1 2 taxed It was well known and publicized that our commander in chief was one of those despicable low life predators via Trump University and yet he was elected President. I mean how dumb can the people who voted for him ( and would probably elect him for a second term) be? are they masochistic or what? Share 12 13 Facebook Topics Swiftales Reply 10 Nov 2018 8:33 Gramercy Share on Facebook For the recor; PBS ‘Frontline’ did an expose of these for profits back in 2011. ‘It was crazy that no one had done a documentary on this until now and that it took a bunch of twentysomething film-makers to do it’ says Dan Rather. Well, good for them. But it’s just not accurate to claim that these frauds are just coming to light. 9 Nov 2018 22:38 Twitter Bill Clinton resigned his post in 2015. https://www.insidehighered.com/quicktakes/2016/08/15/bill-clinton-earned-11-million-laureate-2015 10 Nov 2018 3:07 Share | Pick 10 Nov 2018 0:54 Not all for-profit colleges are this toxic. Corinthian was, no doubt. I used to teach at one such, and our campus offered real academic quality, serious job placement help and significant student/instructor contact. Instructors who failed to meet the Dean’s standards were sent away, student complaints were taken seriously. In our final year of operation, at least 2/3 of our grads found jobs before or shortly after graduation, in the field they trained for. I am still in touch with many of them. If the traditional colleges were told to meet the job placement and after-graduation salary vs. debt ratios that were enacted for the for-profits, the carnage would be immense. The untold story here is that traditional higher education also fails to meet the real needs of students, in many cases. One final point: in many states the community college systems have never reached the quality level they should, and many states have starved them of resources. The for-profits filled that gap. So if you are going to shut down the for-profit sector, get ready to spend a LOT more on the public community colleges – and be ready to fire a lot of their current leaders. 2 3 Show 6 more replies Share Share on Facebook Share Share on Facebook dlackey2 Share on Twitter | Pick Share on Twitter Reply | Pick | Pick 9 Nov 2018 21:51 Twitter This is absolutely true, and people should be fighting hard for non-profit education and healthcare to be the only providers available. Some things should not be about profit. Share on Facebook Read more Reply 2 3 Share via Email Share | Pick 0 1 Reply Share on Facebook Share on Twitter Twitter kapsiolaaaaa tommydog averyman The idea of Maxine Waters promoting “oversight” of just about anything is pretty amusing. Facebook Facebook 50 Oldvaluesandnewones The 1950’s…when progressive taxation Made America Great. Facebook mikedow Facebook Share on Twitter 9 Nov 2018 18:47 Twitter Share Report Facebook 1 2 Email (optional) he hasn’t ended up, yet. Twitter Show 2 more replies Share Report Share on Twitter | Pick Why? Share on Facebook Share on Facebook Twitter 3 4 Twitter 9 Nov 2018 22:52 Reply 3 RailwayCuttings I think you’ll find he’s a real trump supporter. Share on Twitter Share on Twitter 9 Nov 2018 22:38 | Pick Share on Twitter Twitter RobertAussie Twitter 9 Nov 2018 23:11 I have hired graduates of the Univ of Phoenix and of DeVry, both private for profit colleges. I was happy with them. They were bright, motivated and knew their stuff, though I suspect they could have saved a lot of expense if they’d gone to one of the local state colleges instead. hillbillyhoboken Share 22 23 Share on Twitter UK readers should realise that many of the recent changes to the UK university system (the “marketisation” frequently written about here) are explicitly designed to allow for-profit private providers to set up here. The current government has made it clear that:1. They want to make it easier for ‘providers’ to both enter and leave the market. (Leaving the market happens when a university goes bust.)2. They want to see price competition between providers so that we can find out just how cheap a degree certificate in (say) Business Studies can get. This would have significant effects on the ability of broad-spectrum universities to offer courses like engineering.3. They would like to see education multinationals like Pearson take over one or more existing universities or parts of them. So far, the changes have not been as extensive as the Tories would like at university level – just Regent’s and BPP joining Buckingham. The likes of Apollo perhaps don’t want the five years or so it takes to get degree-awarding powers. So the government keeps lowering the bar to tempt them in: https://www.theguardian.com/education/2016/mar/20/tory-plan-worthless-degrees We can see what would happen by looking at recent examples of for-profit colleges at sub-degree level. Access to state funding led to widespread fraud, both financial and educational:https://publications.parliament.uk/pa/cm201719/cmselect/cmpubacc/736/736.pdfhttps://www.bbc.co.uk/news/uk-41966571 Reply 10 Nov 2018 0:29 | Pick Twitter Share Reply 9 Nov 2018 22:31 Report Share on Facebook Facebook Report I was describing my own department. (a Ph.D granting public uni. in hard core science), and a lot of faculty memberswhom I happen to encounter in my work. | Pick Twitter Share on Facebook | Pick Share Sanibel 1 2 Reply Share on Facebook Facebook 5 6 10 Nov 2018 0:58 Share on Twitter I want pictures (mug-shots if you will) of the executives and board of directors of these organizations. Time to at least, publicly shame these criminals. How come these white guys never pay for their sins???? Twitter Share on Twitter Love how you know all about something without ever having set foot in it. 10 Nov 2018 0:39 1. your comment would have had more power if you had explained the cause of “the final year of operation”;2. no one is under the misapprehension that community colleges are the be-all and end-all of education in the US. CCs do, however, have the great advantages of (1) being at least indirectly accountable to the electorate and (2) also unlike for profit schools, there is no need to return a profit to investors who expect a return of 10%+ annually above and beyond the operating costs. with the possible exception of what i might call professional vocational schools (for example, schools that prepare people for the licensed trades) there is really no utilitarian justification for for profit schools. (if you have an ideological attachment to the idea, i respectfully suggest you examine the rationale for this type of entity within that ideology.) Rael64 Here in the US, you’ll never get to the point of price controls on for profit institutions of any type and thus the French model you tout is unrealistic. Further, after thirty years in US higher education, it is clear that for profit colleges and universities fail to provide the same quality of education as nonprofits and publics not because of unfair competition due to endowments, but because their focus is solely on the bottom line rather than educational attainment. Their sole motivation is to keep costs down and thereby profits up. Advising is minimal, they target low income, first generation college students who are more likely to flounder and drop out, after spending thousands of dollars on completely academically worthless coursework, but the so-called school makes its money regardless. With over 3,000 accredited institutions of higher education in this country we are not lacking for competition. And there is no way, in the American context, that one can ensure academic quality when the sole responsibility of the provider is to shareholder profits. Rather than funneling billions into fly by night for profit institutions, we’d do better spending that on reducing costs at nonorofit institutions more generally and developing more technical, nonprofits akin to the German fachhochschulen to provide more high quality tertiary academic programs beyond the traditional academic college/university model. Reply 10 Nov 2018 0:45 Share 9 Nov 2018 21:52 14 15 Twitter 10 Nov 2018 1:05 Facebook Share Facebook Twitter Share jackrousseau Since you’re here… RobertAussie Report Facebook Facebook Report 9 Nov 2018 21:09 10 Nov 2018 13:45 Share on Twitter Report Share on Facebook Sanibel Report Twitter Twitter Kapone78 Report 4 5 11 12 Share on Twitter Reply Facebook Report 3 Reply taxed 9 10 Share on Twitter Reply Barack Obama Federal penitentiary? no surprise here. I note Al Gore’s family was mixed up with a for-profit as well, so it really is a bipartisan problem. a huge part of the problem is the way student loans were changed in the mid-oughties, when it was made impossible to clear student debt via bankruptcy, *no matter how fraudulent the college owning the debt*, the pigs began to feast for real. we need to unravel this entire industry. 6 7 Share on Facebook Twitter Thomas1178 Share on Twitter Share Report Chris Fynn i get your point, but probably the last thing we should do to education is to com-modify it more than it already has been. Thomas1178 | Pick Share Share Report mbidding Share on Facebook Share on Facebook | Pick Congresswoman Maxine Waters in Fail Safe. Photograph: Gravitas Ventures Share Show 3 more replies 1 2 averyman | Pick Reply It was this run-in with the sordid underbelly of the predatory for-profit college industry – and a multi-state investigation into a company, QuinStreet, that set up an ostensibly government-run website funneling veterans to for-profits – that inspired Shebanow to expand the scope of his project. The result is his new documentary Fail State, an expansive and infuriating account of the rise of profit-driven colleges, their devastating effects on low-income students, and the ways Republicans and Democrats have aided and abetted their treachery.“I don’t know how these people can sleep at night,” says Shebanow, whose work so impressed Dan Rather that the famed journalist signed on as an executive producer. “A lot of people don’t realize what’s percolating beneath the surface. It was crazy that no one had done a documentary on this until now and that it took a bunch of twentysomething film-makers to do it. I was always so worried someone was going to come out with a documentary of their own because the story is so big and important. I thought there was no way we were the only ones doing it. But somehow, that was the case.” Reply Share on Facebook Facebook | Pick So how many of those crooks are in jail? Or better yet – executed? Shebanow’s documentary guides viewers through all this potentially wonky information with a careful hand, emphasizing the fact that Democrats and Republicans alike have been guilty of lenience toward and even support for profit-driven colleges. Sally Stroup, George W Bush’s assistant secretary for postsecondary education, was previously a lobbyist for the Apollo Education Group, which runs several for-profit institutions such as the University of Phoenix and Western International University. Nancy Pelosi and members of the Congressional Black Caucus, too, have also been historically cozy with representatives of the for-profit sector.“It wasn’t like we set out to make the most non-partisan film that we could,” says the director. “It was more like, ‘Here are the facts’. And it was in some ways a happy accident that this issue transcends red and blue politics.”Where Fail State makes its greatest impact is in the testimony it provides from students who were scammed. They attest to being harassed with phone calls, emotionally manipulated, deceived about costs, and persuaded that their post-secondary educations would land them implausibly high-paying jobs. A two-year investigation by the Senate health, education, labor and pensions committee, producing what Shebanow calls one of the most “damning” reports on a single industry in congressional history, found evidence of aggressive and insidious practices like the “pain funnel”, a script from which recruiters would read that was designed to prod at emotionally or financially susceptible prospective students.A year into production, Shebanow and his team scoured the internet for these students and found hundreds of them commiserating in comments sections and company reviews.“Part of what is so phenomenally saddening to me is that the people who are being affected and preyed upon by these schools are some of the most voiceless in our society, and their arcs are very similar,” says Shebanow, noting that students often encountered television, subway or internet advertisements for for-profits and received countless phone calls thereafter until they enrolled.“They were promised the world. It was affordable. You don’t need to worry about your student loan debt. And they enrolled and realized their education was leading nowhere, or some realized the scam halfway through and dropped out, but had all this debt they’d taken on.”That the president himself once ran a criminal for-profit education company – and that he’d appoint in education secretary Betsy DeVos a willing foot soldier for their cause – was not something Shebanow and his team anticipated when they began work on Fail State back in 2013. The saga of Trump University has been well-documented, but DeVos’s overtures toward the for-profit industry, including the elimination or rollback of Obama-era gainful employment and student borrower defense regulations, have gone mostly under the radar. DeVos, the director explains, is also tinkering with rules mandating “substantive teacher-student interaction”, which ensures students at for-profits are not navigating their coursework alone.“As a journalist, you always dream of that hard-hitting story,” he says. “But the better the story, the worse the human tragedy. When I started this film I’d have never believed anyone who told me the film would be more relevant almost six years down the line.”Fail State is now out in the US with a Starz premiere date on 17 December and a UK release date yet to be announced This article contains affiliate links, which means we may earn a small commission if a reader clicks through and makes a purchase. All our journalism is independent and is in no way influenced by any advertiser or commercial initiative. By clicking on an affiliate link, you accept that third-party cookies will be set. More information. Share 10 Nov 2018 3:01 1 2 Share on Facebook Where are those university teaching jobs where you only turn up twice a week and make 100K? I’d like one, please. Twitter Report Please select Personal abuse Off topic Legal issue Trolling Hate speech Offensive/Threatening language Copyright Spam Other I educated myself, and libraries are considerably cheaper than Uni bookstores. KevinNevada Reply Reply | Pick Twitter Reply 0 1 A portrait photo of college student Jen Wilson the day she graduated from the now-defunct Everest University, a for-profit college.Photograph: Gravitas Ventures Well said, Thomas, and I apologize somewhat for my opaque flippancy. I don’t believe the students who’ve been taken advantage of are all gullible fools (though some might categorize them as such); rather, misinformed naifs who, in great part, failed to perform due diligence. The Barnum quote I was alluding to wasn’t the one that typically springs to mind (“There’s a sucker born every minute,” which he most likely never said), but this one: “There is scarcely anything that drags a person down like debt.” And I believe that people like our venal education secretary know this very, very well. Reply Share on Twitter ThucydidesSaidSo 9 Nov 2018 22:10 Share 9 Nov 2018 21:46 1 2 | Pick Twitter Twitter 9 Nov 2018 23:50 Report sabela5gantz It is not just sad, it is amoral, and almost criminal. This is what happens when private enterprise has free reign, especially when the public institutions are deliberately hobbled by government policy. There are parallels with healthcare here. Twitter Show 1 more reply | Pick Last modified on Fri 9 Nov 2018 09.43 EST Facebook Share on Twitter 9 Nov 2018 21:05 You’ve really drunken the Kool-aid. You have no idea what you are talking about. Report 9 Nov 2018 21:58 2 3 Reply | Pick Share on Twitter Share on Twitter Geoff Burkman Share on Facebook Share on Twitter Share on Facebook | Pick Report 0 1 Share on Twitter Facebook Report Share on Twitter Twitter Share Share | Pick RailwayCuttings | Pick 11 Nov 2018 23:36 Reply “Fail safe” | Pick Share on Twitter Twitter Share on Twitter Oldvaluesandnewones Share on Messenger FuriousKale Facebook Share on Twitter Facebook Share on Facebook Report Swiftales FuriousKale Share on Facebook Trump University is not phoney. I have said it before – i paid 25K for a real estate class and a photo with a Trump cutout – thats waaaaaaaaaaaaaaay worrrth more than 25K. taxed KevinNevada Share Share 2 3 Share on Twitter Twitter Share Share on Facebook Report Share Twitter Share on Facebook 9 Nov 2018 22:21 Share on Twitter | Pick 10 Nov 2018 0:47 Documentary films Share on Facebook Share on Facebook 9 Nov 2018 20:27 9 Nov 2018 23:27 Report Twitter Twitter Facebook Share on Facebook FuriousKale ThinkThankThunk Shares979979 Share on Facebook 2 3 Twitter And the best part of it all is that, unlike a commercial loan taken out and squandered on fancy restaurants, trips to exotic locales, luxury cars, a gambling habit, a failed ill-conceived business et.al., student loans don’t go away with bankruptcy. They are with you for life, much like the shit education you were provided. Gotta love corporate welfare. Reply Ethics Gradient dlackey2 Share on Twitter 9 Nov 2018 22:39center_img Share on Twitter 4 5 6 7 Donald Trump Facebook Share on Twitter Share on Facebook Careful, that’s where you may wind up if have such thoughts about the Great Pumpkin POTUS. Share on Facebook Report Share on Twitter Well said. Thank you. 1 2 Report Report candoll ThucydidesSaidSo Facebook Share on Twitter Twitter tericheri 9 Nov 2018 22:35 Share on Twitter Facebook RailwayCuttings Report Share on Facebook KevinNevada Report taxed Report Facebook Share | Pick | Pick Report Thomas1178 10 Nov 2018 0:04 Not necessarily. What’s happening is that funding is being choked off to community colleges, which is where most of these people would’ve gone for education— a lot of community colleges no longer have room for the number of people applying— and the for-profit colleges are busting their asses trying to lure those people in, promising that they’ll help them use government loans to pay for their education. It’s part of what makes the for-profit industry so despicable. The students are not gullible fools trying to get something for nothing; they are mostly disadvantaged people who are trying to get college degrees because they’ve been told that education is the way out for them (and who may not understand the secretary of education for the United States is wholeheartedly backing a venture that is actually predatory). Reply Much of the same can be said about traditional “not-for-profit” colleges & universities – unfortunately. In fairness, the for-profit ones are not the cesspools of progressive political indoctrination the former have become. Share on Facebook Share on Facebook Matt M Reply | Pick Facebook Share Thomas1178 Share on Facebook Share I cannot remember who said it, but when two of the world’s richest nations (USA, UK) have some of the highest levels of student debt, there is something seriously wrong. Reply dlackey2 2 Report 10 Nov 2018 0:36 | Pick Share on Twitter Share on Twitter Thomas1178 Share on Twitter Share on WhatsApp Report Reply Funny – you’re all indignant about Clinton, but have absolutely nothing to say about trump university. Hmmmmm. Nash437 Since things like education and healthcare are being treated like any other product (a TV or cell phone), if your super expensive medical procedure or college degree doesn’t produce satisfactory results for you the consumer, you shouldn’t have to pay for any of it. You should also be encouraged to sue for loss of productivity and damages and in the case of education……years of lost wages (whatever you determine you would have/should have made) for wasting your time…. Share on Twitter Twitter You mean uuuugely and bigliest? 4 5 27 28 DrEldonTyrell Share on Facebook Share on Facebook Reply Reason (optional) Reply Matt M Share on Twitter Facebook Comments 326 | Pick 5 6 jackrousseau | Pick Share 9 Nov 2018 23:57 Facebook | Pick Facebook Report Twitter Share on Twitter unthreaded Share Report Ethics Gradient Reply 37 38 Share on Facebook Report Share on Twitter Share martin6 Twitter Facebook Twitter | Pick “In fairness, the for-profit ones don’t teach you any critical thinking in return for the tens of thousands of dollars you’ll pay.” There, fixed it for you. expanded Share on Twitter 9 Nov 2018 22:56 Share on Facebook Share 9 Nov 2018 19:49 9 Nov 2018 23:47 Twitter RailwayCuttings Report Twitter Appalling and very upsetting. Twitter Twitter Share | Pick 9 Nov 2018 22:12 2 3 Geoff Burkman Facebook Twitter Twitter 1 2 3 Report SnobFrenchie baldisgood mikio44 baldisgood | Pick Share on Twitter View more comments 10 Nov 2018 0:39 candoll candoll Twitter 9 Nov 2018 22:20 Pinterest Report Share Reply Report Reply Reply 10 Nov 2018 5:59 Share on Facebook martin6 Report Twitter Sorry for my pedantry, couldn’t help myself, just been editing badly translated texts for ages! Glad to see it has been fixed now:) And you know what led to these declining standards? Government divestment in higher education beginning with St Ronnie in the 80’s. First he slashed federal financial aid in ’81 or ’82, instantly increasing costs and student loan debt for students. Then state legislatures joined the bandwagon and slashed funding to their own public universities admonishing such institutions that they need to “act more like a business” leading to the emphasis on increasing enrollment as well as tuition costs. Thirty five years ago, my state provided at least 22% of funding for its state universities and tuition was highly affordable. Now it’s less than 9% and tuition has increased at least 4,000%. Prior to the Reagan Revolution, nonprofit colleges and universities focused on their mission – education – not acting like a forprofit. And sorry, your description of faculty members is way off base. Yes. They write grants – they have to in order to fund research given declining funding for the reasons noted above. Yes. Universities focus on increasing enrollment, for the reasons noted above. But that doesn’t mean that faculty are unqualified nor unable to read academic papers within their fields and beyond. Just that the administration, in an effort to bring in operating dollars, rewards faculty for the dollars they bring in through research with teaching as an after thought. And they do that because they’ve been told and forced for decades to “operate like a business”. Twitter | Pick Reply Twitter Share on Twitter Show 2 more replies Facebook 9 Nov 2018 23:15 Share on Twitter 9 Nov 2018 18:44 Share 9 Nov 2018 19:37 Facebook Show 3 more replies Only the educated are free. However, their education is not. Reply SnobFrenchie Share Facebook 2 3 Share on Twitter | Pick Twitter Report | Pick Reply Share on Twitter Show 25 Share Reply These companies promised students eventual employment and, since the money was coming from taxpayers, had no vested interest in whether or not the students could pay back their loans. As an expert says in Fail State, for-profits had what amounted to risk-free access to the US treasury. Predictably, default rates soared in the 1980s, with almost half of all students at these colleges defaulting on their loans. By 1992, however, lawmakers began to wise up to the predatory recruitment practices and the virtually useless degrees these colleges were offering students.At the time, a series of congressional hearings, and the attention of Congresswoman Maxine Waters (who appears in the documentary), helped set in motion a series of provisions that would allow for oversight of the for-profit industry: the 85-15 rule, requiring that at least 15% of the companies’ revenue came from sources other than government student aid; the 50/50 rule, ensuring no more than half of college courses were offered online or by mail; and the incentive compensation rule, banning college recruiters from receiving bonuses based on how many students they lured to the program. In the following decade, though, congressional interest in policing the for-profit sector waned and many of these regulations were dismantled or otherwise softened. dlackey2 9 Nov 2018 23:15 This is a giveaway program where the beneficiaries are responsible for nothing. That make it a liberal program, not a conservative one. Facebook Share on Twitter ThucydidesSaidSo Report Share on Twitter Facebook Share on Facebook Share on Facebook | Pick Facebook Oldvaluesandnewones 10 Nov 2018 4:05 10 Nov 2018 0:40 10 Nov 2018 3:16 Share 9 Nov 2018 22:25 Share on Facebook Report | Pick 1 2 mikedow Reply Share Share on Facebook Facebook Twitter Share on Facebook Twitter Share on Twitter | Pick NJrubble Facebook A modern version of snake oil — for-profit colleges make the backward even more so. The administrators should be jailed. Facebook 9 Nov 2018 22:27 Share Twitter Reply ThisisAnfield Report How can you write an article about colleges without mentioning the most bogus of all? Trump University! Share on Twitter 9 Nov 2018 23:32 Share on Twitter Everything and everyone in America has been commodified. Mammon and Moloch are America’s twin gods. Reply Reply Reply Share on Twitter 0 1 Reply Share on Twitter Twitter Reply Report Reply Share Share Facebook Share Trump University did get sued and the judgement as I recall was something along the lines of 25 million which provided compensation of some extremely minor fraction of the monies taken in that lucrative con. Reply 13 14 4 5 Facebook Share on Facebook 9 Nov 2018 23:48 Share Mick Cane 3 4 6 7 Twitter ” used to teach at one such” okay so what not name it? I mean you are not saying anything bad about it. Au contraire, which immediately raises raises red flags about your intended bias… dlackey2 Twitter Share on LinkedIn Twitter Report | Pick 12 13 Twitter Or it may be because this was investigated by Frontline in 2016, in the outstanding episode “A Subprime Education,” which you can stream for free from PBS. 10 Nov 2018 2:24 Reply 6 7 | Pick Reuse this content,View all comments > Facebook 0 1 ThisisAnfield | Pick Report Show 3 more replies Share Ubergeekian Much of the same can be said about traditional “not-for-profit” colleges & universities – Twitter Report | Pick Share Share on Facebook mbidding | Pick 0 1 These worthless for profit “universities” have been present in the USA since the late 1800s, but they were always a relatively tiny segment of the education market. That changed in the 1980s when conservative politicians began to reduce funding for (good quality) public universities. This is one more evil we can blame on the growth of conservative ideology over the past 40+ years. Facebook Share | Pick Thomas1178 Ginen Share on Twitter Report Share on Twitter 4 5 Share on Facebook Threads collapsed Share on Facebook Share on Facebook Kim Char 9 Nov 2018 23:57 Share on Facebook P.T. Barnum was, of course, absolutely correct. Share on Facebook Facebook 4 5 Share Share on Twitter Report Report 5 6 Facebook Don’t be fooled, This is not just these for-profit colleges.The way everything has to make money or fail, is also in mostnon-profit universities too. Professors are nothing but people whowrite grants. Buddy systems and who know who at some funding agencyis running the show. The actual quality has been in the decline for some time.Good grades are given out routinely just to keep the students from going tothe Dean….There are faculty members who cannot read an scientific articlein their own field, but have enough ”buddies” who do. The Dean wants enrollment at any cost., so we get people who have nobusiness being in college……In the end, we are nothing but ‘Burger King’. Facebook Yeah, who in the world would want to go to Harvard, MIT, Yale, Columbia, Stanford, or the University of Chicago? ThucydidesSaidSo Reply 9 Nov 2018 18:44 “It was crazy that no one had done a documentary on this until now and that it took a bunch of twentysomething film-makers to do it.” No it’s not. They bought political protection. For example, Bill Clinton was paid $18,000,000 to be “Honorary Chancellor” of Laureate International Universities during the Obama Administration while Hillary was Secretary of State. https://www.washingtonpost.com/politics/inside-bill-clintons-nearly-18-million-job-as-honorary-chancellor-of-a-for-profit-college/2016/09/05/8496db42-655b-11e6-be4e-23fc4d4d12b4_story.html?utm_term=.02960e786d9e TeagueAilill Report Share on Facebook Share on Twitter Report | Pick Twitter | Pick 6 7 Facebook 7 8 Share on Twitter Report Report | Pick Reply Share 1 2 Share tericheri Betsy DeVos ThisisAnfield | Pick Facebook Share “Much of the same can be said about traditional “not-for-profit” colleges & universities – unfortunately” I agree, that has been my experience – they aren’t nearly as bad, or as blatant about it, but bottom line, all they care about is your money, not whether the degree they provide you with will allow you to pay back the debt it took to earn it. I’ve seen numerous examples of this. Reply Facebook Gramercy Share Swiftales | Pick | Pick Facebook Share Share Facebook 1 2 Facebook Share Support The Guardian 10 Nov 2018 0:48 oldest Report Report | Pick 9 Nov 2018 22:10 You answered your question in your question: How come these white guys never pay for their sins???? Matt M Share on Twitter Share on Twitter Had a gf many years ago who signed up for a graduate forensic science program. Very smart woman, but young, 23. Her program was full of smart, ambitious women like her, few men. They were all hoping for a degree that would provide an interesting, challenging career where they could use their brains. And yes, many admitted to being inspired by various cop shows that feature spunky young female forensic scientists helping the cops solve the case. The reality of their future jobs soon dawned on them – going to a murder scene and seeing one or more bloody corpses, or worse. It’s not something most could handle, and certainly not most of the students enrolled in the course. Yes, they should have thought of that before enrolling but they were young, they didn’t have experienced people to provide advice (many were the first in their families to attend college so their parents had no experience of their own to be able to provide advice), and they were the type of ambitious people who, when told “you probably can’t handle this” think: “been told that a few times and have proven them wrong. I’ll prove ‘em wrong here to!” The college knew full well that the vast majority of the students it was enrolling in this program were simply not cut out for a job where you see the worst of humanity on a daily basis, but it enrolled them and took their money anyway. Worse, the degree on offer was brand new in the field. Most forensic scientists don’t have a specialized degree in forensic science, or at least they didn’t back then. Law enforcement agencies weren’t looking for specialized degrees and were suspicious of them. So newly minted graduates found that their degree was worthless because it wasn’t recognized in the field, even though the university was a well known university. Again, the university didn’t care, they had their money. The fact that the diploma they were selling was essentially meaningless didn’t matter to them, that’s the students’ problem. And this was a well respected university, not some online sham university. It happens throughout the industry. Pinterest Report Share on Facebook Share on Facebook Twitter Share on Twitter Reply Facebook 2 3 I said that. Share Twitter Report Reply Report | Pick Share on Twitter Report kapsiolaaaaa | Pick Share on Facebook 37 38 Reply Report 0 1 Share on Twitter Rael64 Twitter Facebook Report 10 Nov 2018 3:31 Facebook 10 Nov 2018 0:24 Report Report 55 56 | Pick Rhialto Report Share Facebook Facebook Neoliberalism is the disaster that never ends: it drives climate change and loss of biodiversity by valorising the ‘monetisation’ of everything over any other value. And at the same time as it creates an existential crisis humanity might not survive, it undermines all the resources we need to call upon to try and beat the crisis such as our democratic political institutions, our public service values, our engaged citizenship, our intellectual and creative culture. Was there ever a more evil or misguided philosophical system than neoliberalism? Even the Nazis or Stalinists were unable to globalise their influence and thus threaten to destroy the habitable planet as neoliberalism has done. I would dig up what’s left of Milton Friedman and put it in a gibbet as a warning. When education is used just to squeeze money out of dupes instead of producing skilled, informed, energised, assertive citizens capable of fully participating in a democracy and using the resources of government to achieve global solutions to global problems it robs us all. It kills us all. These exploited students are not ‘those people over there suffering a personal drama’ but living out something that we are all suffering in analagous ways either directly as we experience low wages, unaffordable housing, polluted air, loss of public amenities, a meaningless vote or indirectly as we witness the ecological crisis accelerating while we are powerless to stop it. We have to join the dots and realise that we, all of us, have common cause in putting an end to neoliberalism in all its vile manifestations. Share Have the guts to name the university Report US education Sanibel Share 10 11 Show 8 more replies Reply dlackey2 Share on Facebook It’s criminal when you lie and misrepresent, which this industry has consistently done. Facebook Sanibel | Pick Reply 0 1 14 15 10 Nov 2018 0:44 | Pick | Pick Report | Pick jackrousseau 9 Nov 2018 23:17 9 Nov 2018 23:02 Twitter | Pick Report “A Subprime Education.” If anyone wants to see it. RuleofLaw21Century Ubergeekian One might ask if there is that much difference between for-profit education and non-profit public education. If one has been in and out of school for as long and as many times as I have, you might come to find that for state institutes of higher education, the bar for standards has dropped amazingly low (and that is in part due to the bar for standards being so very low in K-12 education in the USA), and the push to get students in and do whatever is necessary to retain them – and thus make a profit – is the norm. Oh, I generalize greatly, yes. And my experiences are limited to about 4 major public universities in different states, but having earned my first degree in the early 80s, which included a rightful expulsion (twice) for poor grades and attendance, I nonetheless got my act together and worked like a dog and earned a BA. Today it is mostly show up half the time, whine a lot about workload, how “real life” is so tough, ask for (and receive) lots of extra credit, and do mediocre work to begin with…and get your A. And if you don’t, you complain, threaten the school with a challenge, and have Mom and Dad call them and do the same. No one seems to be willing to flunk a student anymore. Sometimes, that is exactly what is needed. Those standards need to be high. And please, evaluate your PhDs on a yearly basis. Make them produce or make them teach 4/4 or better. It is a job, not a paid vacation where you go in 2x a week and make your 100K. Absurd is the word for most of American Academia. Share Twitter Facebook Twitter Share on Twitter Twitter Twitter Report 4 5 5 6 Share on Twitter Can’t be such a bad education. After all, look where the head guy from Trump University has ended up. Thomas1178 Show 8 more replies 31 32 baldisgood tericheri tommydog Share Share on Pinterest Share on Facebook Show 5 more replies Shirkers: a movie mystery 25 years in the making | Pick Howard Greenberg 9 Nov 2018 22:28 Share on Facebook Facebook RobertAussie Higher education Facebook Facebook Share on Facebook | Pick Report piggles Report As Fail State explains in broad, digestible fashion, all of this began in 1972, when for-profits, often called proprietary, vocational, or career-driven colleges, became eligible for federal student aid under an amendment to Lyndon B Johnson’s Higher Education Act of 1965. The rerouting of financial aid money from institutions to students themselves was meant to allow private universities to compete with public ones, whose low costs made enrollment swell. But this opened the door for profit-driven colleges, who took advantage of the desire to make higher education more inclusive by encouraging students to take out huge sums of financial aid money. memo10 Share on Facebook | Pick 17 18 Share on Facebook Facebook Facebook Reply | Pick When you write the rules.. no jail time for self and cohorts… just more ‘perks’ for the would be perps.. Kevin Lavelle Reply Yes… but did the Democrats run a single ad that explained or even mentioned that in 2016? The only ones I saw in North Carolina talked about how great Hillary was with children. FuriousKale Reply Reply In France, most healthcare is provided for-profit (often sole traders) while the bill is footed by the state. Works great, actually better than the UK system.Price are fixed by the state, so competition is on quality and pretty effective. There is no reason the same system could not be replicated in universities, it just happens that most legitimate universities are so rich in endowments while not having to pay dividend that they can offer better value for money than any legitimate for-profit provider. Consequently there are very few legitimate for profit providers. It’s not down to a problem with profit making in education or health or anything else.There is nothing more important than food and there is no National Food Service. Report Share on Twitter jackrousseau Twitter DrEldonTyrell the idea of the impending crucible to which the imbecile ‘president’ is to be subjected is pretty amusing. Unfortunately, they’re a product of the US education system. Twitter Reply Share on Twitter recommendations 10 Nov 2018 0:37 Report Share on Facebook Reply Precisely so. You’ll note how the OP of course exempts himself. Oh, he’s the exception. Twitter 7 8 Report Twitter Twitter Tom297 Sorry there was an error. Please try again later. If the problem persists, please contact Userhelp Share Rael64 17 18 Facebook 9 Nov 2018 23:58 Geoff Burkman Replylast_img read more

Dead on arrival Democrats dismiss Trump budget plan with 86bn for wall

first_imgDonald Trump This article is more than 4 months old Trump border wall request will set up new budget fight, adviser says Read more Topics The president unveiled a 2020 plan that includes $8.6bn for a wall on the border with Mexico, signalling his intent to reignite a political fight that has already led to a record 35-day partial government shutdown.Trump’s budget would also increase defence spending while cutting domestic programmes by 5%, or $2.7tn over 10 years: higher than any administration in history. This is intended to curb the national debt, currently more than $22tn, a record level.Budgets released by the White House have little chance of passing intact and tend to be statements of intent, starting points for negotiations with Congress.Democrats gave Trump’s plan short shrift. Chuck Schumer, the Senate minority leader, said: “The Trump administration’s latest budget proposal is a gut-punch to the American middle class and a handout to the wealthiest few and powerful special interests that would worsen income inequality. Its proposed cuts to Medicare, Medicaid and social security, as well as numerous other middle-class programs, are devastating, but not surprising.”Bernie Sanders, a member on the Senate budget committee and a Democratic candidate for president, said: “The Trump budget is breathtaking in its degree of cruelty and filled with broken promises.“This is a budget for the military industrial complex, for corporate CEOs, for Wall Street and for the billionaire class. It is dead on arrival. We don’t need billions of dollars for a wall that no one wants. We need a budget that works for all Americans, not just Donald Trump and his billionaire friends at Mar-a-Lago.”Titled A Budget for a Better America: Promises Kept, Taxpayers First, the plan contains $32.5bn for border security and immigration enforcement activities including $8.6bn for a border wall, a signature campaign promise by Trump – although he initially insisted Mexico would pay for it. There is also $478m to hire 1,750 Customs and Border Protection and Immigration and Customs Enforcement officers.Repeating administration talking points which experts have questioned, Russ Vought, the acting director of the Office of Management and Budget, told CNBC the “the border situation is deteriorating by the day” with “record numbers of apprehensions”.Last month, Trump invoked an emergency declaration after Congress approved nearly $1.4bn for border barriers, far less than the $5.7bn he wanted. The emergency means he can potentially tap an additional $3.6bn from military accounts and shift it to building the wall.But the Senate is poised this week to vote to terminate Trump’s declaration. The Democratic-led House already did so and a handful of Republican senators, uneasy over what they see as an overreach of executive power, are expected to help Democrats follow suit. Congress appears to have enough votes to reject Trump’s declaration but not enough to overturn a veto.The budget also dedicates $750bn for defence, with priorities listed as strategic competition with Russia and China, countering regimes such as North Korea and Iran, defeating terrorist threats and consolidating gains in Iraq and Afghanistan.Some $330m is allocated to fight the opioid crisis and the proposal includes $1bn for a childcare fund that would seek to improve access to care for underserved populations, a one-time allocation championed by the president’s daughter and adviser Ivanka Trump.Trump promised during his election campaign not to cut the healthcare programmes Medicare or Medicaid. But his budget would wipe billions off both, along with social security and other programmes on which many Americans depend, over the next decade. It would cut environmental protection by an estimated 31% next year and weaken the Environmental Protection Agency.Ariel Moger, a spokeswoman for Friends of the Earth, said: “Trump’s budget slashes programs that protect our environment, feed families and provide healthcare. The American people should not have to pay the price for Trump’s 2017 giant tax giveaway to billionaires and big oil.” Donald Trump’s latest budget request, which demands billions of dollars for a border wall at the expense of social safety nets and environmental protections, was dismissed on Monday as “dead on arrival” and “breathtaking in its degree of cruelty”. This article is more than 4 months old Copies of Trump’s fiscal year 2020 budget on Capitol Hill in Washington Monday.Photograph: UPI/Barcroft Images Share on Facebook Democrats Mon 11 Mar 2019 15.52 EDT Share on LinkedIn news Nancy Pelosi on impeaching Trump: ‘He’s just not worth it’ – as it happened Share on Twitter Shares311311 US Congress Share on Messenger Support The Guardian US politicscenter_img Americas Mexico Donald Trump Share on Facebook Share via Email Read more Share on Twitter @smithinamerica President’s 2020 plan signals intent to reignite a political fight that has already led to a record 35-day partial government shutdown David Smith in Washington Reuse this content Share on Pinterest First published on Mon 11 Mar 2019 11.12 EDT Share via Email Since you’re here… The proposal “embodies fiscal responsibility”, Vought insisted, adding that the administration has “prioritized reining in reckless Washington spending” and shown “we can return to fiscal sanity”.The White House claims the national debt is a threat to long-term prosperity and the plan puts the federal budget on a path to balance within 15 years, relying in part on an optimistic projection of 3.1% economic growth. The non-partisan Congressional Budget Office projects growth to slow to 1.7% in coming years.At the first White House press briefing for six weeks, on Monday, Vought rejected criticism of Trump.“He’s not cutting Medicare in this budget,” he told reporters. “What we are doing is putting forward reforms that will lower drug prices and that, because Medicare pays a very large share of drug prices in this country, has the impact of finding savings. We’re also finding waste, fraud and abuse, but Medicare spending will go up every single year by healthy margins and there are no structural changes for Medicare beneficiaries.”Vought claimed Trump’s past budgets would have reduced the deficit and blamed Congress for spurning them, warning that its refusal to make trade-offs was unsustainable. Congress will need to find agreement on spending levels to avoid another shutdown by 1 October. Share on WhatsApp … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. ‘Dead on arrival’: Democrats dismiss Trump budget plan with $8.6bn for walllast_img read more

ATU027 SAJE Technology Scott Drahos Blind Bargains Romotive Zoomtext 10 eButton Wearable

first_imgFollow us on Twitter: @INDATAprojectLike us on Facebook:  www.Facebook.com/INDATA If you have an AT question, leave us a voice mail at: 317-721-7124 or email tech@eastersealscrossroads.org Share this…TwitterFacebookPinterestLinkedInEmailPrint RelatedFriday podcastDecember 2, 2011In “Easter Seals Crossroads”ATU086 – Blind Bargains (JJ Medaugh), Zoomtext 10.0.6, AT for kids with Downs Syndrome, 50 Questions about Learning Disabilities, Mozilla & Accessibility, Tactus at CES 2013January 18, 2013In “Assistive Technology Update”ATU086 – Blind Bargains (JJ Medaugh), Zoomtext 10.0.6, AT for kids with Downs Syndrome, 50 Questions about Learning Disabilities, Mozilla & Accessibility, Tactus at CES 2013January 18, 2013In “Assistive Technology Update” Podcast: Play in new window | DownloadYour weekly dose  of information that keeps you up to date on the latest developments in the field of technology designed to assist people with disabilities and special needs.Click the “Pod” link above to listen or subscribe with iTunes.Links:Interview with Scott Drahos of SAJE Technology (www.SAJETech.com)Blind Bargains: Deals & News for the Blind & Visually Impaired http://bit.ly/uS9NkzQuick Tips For Color Blind Internet Users » TechLogon Technology News | Tech News Help And Tutorials http://bit.ly/uwqQjWRomotive We ♥ Robots http://bit.ly/tSDbfRiPod Touch & iPad Resources – LiveBinder http://bit.ly/rKUHc2Assistive Technology: Five Questions to Ask Before You Buy a Dedicated eReader http://bit.ly/t8y380What’s New in ZoomText 10? – ai squared – making accessibility simple http://bit.ly/sAM0HK2011 Holiday Gift Guide: Active Lifestyle – Spinal Cord Injury – Paralysis Research Center http://bit.ly/rq83oUResearchers develop eButton, an easier way to monitor food intake, exercise, and lifestyle http://bit.ly/sZwKgVResearchers developing “wearable computer” for your eyes | The Sideshow – Yahoo! News http://yhoo.it/uDcTx8Making Your Digital Marketing More Accessible | Social Media Explorer http://bit.ly/rH30viAudioGames.net | SEN / ICT Directory http://bit.ly/rCI7mK5 Teaching Mistakes Accessibility Advocates Make | Katherine Lynch.org http://bit.ly/vNQIewFinding Good Apps for Children With Autism – NYTimes.com http://nyti.ms/tQ9fl4INDATA app list: http://bit.ly/qXjrpc Check out our blog:  http://blog.eastersealstech.comlast_img read more

AM249 – Orbit Reader 20

first_imgPodcast: Play in new window | Download249-08-25-17 Orbit Reader 20Hey there! Welcome to Accessibility Minute, your weekly look at Assistive Technology, those clever tools and devices designed to help people who have difficulties with vision, mobility, hearing or other special needs!Did you know braille books are nearly a square foot in size, and the average novel spans several volumes?  To make books more accessible and portable, Perkins Library introduced the Orbit Reader 20 earlier this month.  The Orbit Reader 20 is a brand new, refreshable braille display that will make books readily available like a Kindle.As a standalone device, users are able to read braille content stored on an SD card that plugs directly into the device.  The Reader also connects to a computer that uses a screen reader so they can use apps like Kindle, iBooks, and more.Features include:– Eight braille input keys– Five-way arrow and select control keys– Two panning control bars– Simple note-taking capability– Rechargeable batteries– And moreThe device will be available for purchase in the near future through American Printing House for the Blind.  Visit aph.org to learn more.For more information, to read our blog, or to drop us a line, visit EasterSealsTech.com.  That was your Accessibility Minute for this week! I¹m Laura Medcalf with the INDATA Project at Easterseals Crossroads, in Indiana.Share this…TwitterFacebookPinterestLinkedInEmailPrint RelatedOrbit Reader 20August 24, 2017In “Visual”The Future of BrailleMarch 22, 2017In “Apps”Refreshabraille 18August 30, 2017In “Visual”last_img read more

Monday Tech Tip Dual Arm Mountn Mover by BlueSky Designs

first_imgMary Kay Walch from BlueSky Designs shows us the Dual Arm Mount Mover which is an accessible mount for cell phones, tablets, laptops, communication devices, et cetera.Check it out here:Click here for additional information about the Dual Arm Mount Mover.Share this…TwitterFacebookPinterestLinkedInEmailPrint Relatedlast_img

Three Quarters of Retailers Believe Their Model Needs to Change for Them

first_imgAldiAction FarfetchJumia Retailers and Brands Need to Consider Cross-Border Ecommerce in Order to Appeal to a Younger GenerationFindings from new research, launched at the World Retail Congress, provide further evidence that retailers are struggling to cope with the pace of evolution in the industry. 76% of the world’s leading retailers believe their model needs to change for them to remain relevant in the next five years.A further 21% said they have doubts about the sustainability of their models. Only 3% of retailers believe their current proposition will remain sustainable in the next five years.James George, International Managing Partner at OC&C, said:  “For retailers, a good business model is no longer enough: being great achieves enviable success, but being average is punished hard. Retailers are recognising this: three quarters said they need to change their business models in order to be relevant in the future.”The research, titled ‘High Velocity Retail’ echoing this year’s World Retail Congress theme, was created together with OC&C and eShopWorld. Drawing insights from interviews with the world’s leading retailers as well as analysis of financial performance and customer ratings data of 800 retailers, the research identifies the path to success for retailers in a world where the speed of change is unprecedented.Marketing Technology News: Experience Management Leader Medallia to Acquire Customer Success Leader StrikedeckIan McGarrigle, Chairman, World Retail Congress, commented: “Trying to understand today’s fast-changing retail world was core to the build-up for this year’s World Retail Congress. Our High Velocity Retail report provides a clear overview of how the old retail business model is no longer fit for purpose and identifies new models and their key success factors. The report will form an important platform for discussion and debate when the leaders of the world’s most important retailers meet in Amsterdam.”Crucial rules for winning in a high velocity world revealed by the research are:  Winning retailers pick their battles: A considered strategic positioning remains vital, especially as the investment required to compete on all fronts is excessive. Amazon spend over $20bn annually on technology. Walmart spend over $5bn in capex on ecommerce and technology. It is just not possible for many to play this game. Retailers are therefore being thoughtful about where to invest and where to follow. In fact, the retailers that are most highly rated by consumers globally are ones that have distinctive strategic positions.Being at the frontier of speed is not always necessary: Retailers should be making clear trade-offs about where they operate at the frontier, and where they can afford to follow the leader. For example, while there is much written about speed of delivery, it is still the case that 40% of ecommerce delivery in the UK, which is one of the world’s more developed ecommerce markets, remains slower than next day. Another example is SHEIN, a Chinese retail brand, which has developed a fast fashion proposition for millennial and Gen Z consumers that emphasises rapid production cycles, but slow fulfilment times, and has used this fast/slow model to rapidly scale in a range of international markets. The crucial point is to provide a solution for your customer’s specific needs, not to try and deliver everywhere.Go beyond borders to build your tribe: As the demand for online shopping grows around the world, retailers need to consider their strategy for attracting cross-border consumers. It is worth noting that younger generations (Millennials and Gen Zers) across the globe are resembling each other in their attitudes towards shopping and spending more than any other generation. This suggests a homogenising effect driven by technology – the internet and social channels make it ever easier for these generations to share ideas and access the same information and media. Brands providing access to the same products and services across markets and the power of truly global celebrities and influencers appear to be playing their part in this trend too. As a result, retailers should look to target these cross-border tribes and segment their customer base by similar attitudes rather than – or as well as – traditional demographics.James George, International Managing Partner at OC&C, said: “Retail has been speeding up for a long time. But in the present High Velocity world, it is not just about speed, but about combining it with meaningful direction. Winners are focussing on being the best at something that matters to customers: they avoid the pitfalls of going nowhere fast or trying to do everything badly.Marketing Technology News: Conroy Media and Nielsen Reach Agreement for Local TV and Audio Ratings Services“Crucially, speed will not cover up flaws or inconsistency in the underlying proposition. As the world speeds up and barriers to entry fall, the challenge for retailers is to translate this clarity of focus into prioritised investment decisions that develop the things that really matter to your target customer.”eShopWorld’s US President, Cynthia Hollen, added: “Excellence in cross-border ecommerce is an essential part of being a high velocity retailer today. Leading retailers know that building their brand and expanding their customer base around the world is the best way to achieve significant and lasting growth in today’s competitive landscape.“Through analysis of the performance of leading retailers, the research also identifies four winning High Velocity Retail models that are succeeding in their own distinctive manner. Taken together retailers operating one of four High Velocity models are growing profit 5x faster than the rest.Marketing Technology News: AB Tasty Enriches Personalization Offering With New Advanced Targeting CapabilitiesHigh Velocity Retail models: Focused on outcomes, not productsShift towards bundling and subscription models to lock in consumers Platform Models Fully embrace mentality of consumer brands (rather than retail)Authenticity and connection to customersConsistent and controlled brand experience, but not necessarily through owned channels Exceptionally low pricesStandardised and scalable operating modelScale leadership in marketing segment LululemonSHEIN Value Champions Key Characteristics Three Quarters of Retailers Believe Their Model Needs to Change for Them to Remain Relevant PRNewswireMay 14, 2019, 7:34 pmMay 14, 2019 Front of mind customer awareness for segment/categoryTailored technology designed to fit partners’ business on platform Pets at HomeSelfridges Retailers as Brands Example Brands Ian McGarrigleJames GeorgeMarketing TechnologyNewsOC&CVelocity Retail modelsWorld Retail Congress Previous ArticleBlueVenn and London Research Release Customer Data Platform Maturity ModelNext ArticleSingapore AI Company, AIQ, Announces Partnerships in Russia With Publicis Media Russia and VK.com, Russia’s Top Social Media Customer Solutionslast_img read more

Brightlink Releases CPaaS Platform 20

first_imgBrightlink Releases CPaaS Platform 2.0 PRNewswireMay 24, 2019, 6:18 pmMay 24, 2019 New Platform Extends Access to Communications Capabilities through Pre-built Tools and APIsBrightlink, a leading communications platform and technology company that delivers voice, messaging, analytics and cloud-based solutions, has made it easier for businesses to integrate communications capabilities into their customer engagement strategies through the 2.0 release of its Communications Platform as a Service (CPaaS) Platform. Prior functionality in Brightlink’s CPaaS Platform available via the Brightlink Phonebook is still available, such as the ability to acquire and activate phone numbers and enable business messaging, and is now enhanced with added features and improved user experience.“We remain committed to enhancing our CPaaS technology and platform, and our latest release takes self-service to the next level to give businesses a competitive advantage,” said Rob Chen, CEO of Brightlink. “Our new platform enables companies to easily access and integrate communications capabilities into their business processes – in a matter of minutes – and provides a differentiated CPaaS user experience for enterprises.”Marketing Technology News: Verint Honors 7 Award-Winning Customers Achieving Remarkable Results in Customer EngagementBrightlink’s CPaaS Platform includes a robust set of APIs coupled with an easy-to-use web user interface from which companies can easily choose and activate hundreds of phone numbers for immediate use and then enable critical features such as business texting to support marketing and customer engagement.According to a Harris Interactive poll, 64% of consumers are likely to perceive a company contacting them via text in a positive light. Meanwhile, 75% of Millennials would rather communicate via text about things such as appointments, deliveries and coupons, according to Mobile Marketing Watch.“Companies today that haven’t enabled their business numbers for texting are missing a critical component of their omnichannel customer engagement strategy, especially if they want to reach digital native consumers and end users,” said Chen.Marketing Technology News: Cint Appoints SVP of Asia Nicholas Antram to Continue Strategic Expansion Across the RegionBrightlink’s CPaaS Platform 2.0 release includes four major areas of capabilities:Voice API Manager, which allows for easy provisioning and porting of numbers and supports call forwarding, E911 Registration, Caller ID Registration and the ability to search for vanity numbers and number ranges leveraging Brightlink APIsMessaging API Manager with pre-built access to Brightlink APIs to activate and enable SMS/MMS messaging on any number, including landlinesSIP API Manager, which enables activation and management of SIP trunks utilizing Brightlink APIsAPI Command Center, which provides direct API access and supporting resources such as API reference documentsMarketing Technology News: Airship Bolsters its Senior Leadership Team for Accelerated Global Growth BrightlinkBrightlink APIsCaller ID RegistrationcPaaSenable business messagingMarketing TechnologyNews Previous ArticleXandr Creates CommunityNext ArticleWeTransfer Unveils Brand Campaign, “Please Leave,” Reflecting the Relationship Between People and Technologylast_img read more

Informatica Honors Industry Innovators at Informatica World 2019

first_img AICloud Innovation ZoneEDC CLAIREInformaticaMarketing TechnologyMaster Data ManagementNews Previous ArticleStrategic IC to Showcase New Buyer Intent Data Service for Account-Based Marketing at SaaStr Europa 2019Next ArticleFinding the Whale and Other Ways Big Brands Can Learn from Start-Ups Informatica Honors Industry Innovators at Informatica World 2019 PRNewswireJune 4, 2019, 10:55 pmJune 4, 2019 BP, Amgen, T. Rowe Price, Nissan, and Avis Budget Group Take Top Honors for 2019 Innovation Awards; GigaSpaces Wins the Top Spot in the First-Ever AI and Cloud Innovation Zone, While Capgemini Scoops Prize for the First Enterprise Data Catalog CLAIRE HackathonInformatica, the enterprise cloud data management leader, celebrated the industry’s top innovators last week at Informatica World 2019. Winners of the 2019 Informatica Innovation Awards, the first ever AI and Cloud Innovation Zone, and the first EDC CLAIRE Hackathon, were announced on mainstage and celebrated throughout the four-day event, where the world’s leading data luminaries shared market trends, best practices and solutions for the most complex data challenges enterprises face today.The award winners demonstrated intelligent disruption through the transformative use of data and their innovations showcased the robust impact of AI-powered data management across the enterprise.2019 Innovation Award Winners and HonoreesThe Innovation Awards celebrate organizations that have exemplified the transformative use of data for intelligent digital disruption.The 2019 winners and honorees are unleashing the power of data to achieve exceptional results across four key journeys representing the award categories: 360 Engagement, Cloud/Hybrid, Data Governance and Privacy, and Next-generation Analytics. Informatica chose the winners based on their vision, creativity and leadership, and how they are driving their data-driven digital transformation with the support of Informatica solutions. The nominations were judged on multiple criteria, including transformational impact, creativity and innovation, leverage and scope, complexity, and environmental or social impact.Marketing Technology News: Medallia Becomes Premier-Level Partner in Adobe Exchange Partner ProgramThe 2019 Innovation Awards winners are:BP – Intelligent Disruptor of the Year AwardAmgen, supported by Cognizant – Intelligent Disruptor: 360 EngagementT. Rowe Price – Intelligent Disruptor: Cloud/HybridNissan  – Intelligent Disruptor: Data Governance and PrivacyAvis Budget Group – Intelligent Disruptor: Next-generation AnalyticsIn addition, Informatica recognized these organizations as honorees:State of Maryland – 360 EngagementAllianz (Benelux) , supported by Deloitte– 360 EngagementSanofi – Cloud/HybridDeloitte – Cloud/HybridMerck – Data Governance and PrivacyNew York Life – Data Governance and PrivacyAIA Singapore – Data Governance and PrivacyLincoln Financial Group, supported by Deloitte – Next-generation AnalyticsAXA XL – Next-generation AnalyticsMarketing Technology News: How to Solve Latin America’s E-Commerce Problem2019 AI and Cloud Innovation Zone at Informatica World 2019Informatica World 2019 marked the inaugural year for the AI and Cloud Innovation Zone, a featured area within the show’s Solutions Expo, that highlighted cutting edge technology, featuring AI-driven data management that leverages Informatica solutions. The 2,600 attendees explored all the technology on display firsthand, and voted in real-time, via the Informatica World 2019 app, for their favorite innovation.GigaSpaces took home the top award as they received the most votes out of twelve participating companies, with their cutting edge, disruptive solution, a digital integration hub using next-generation big data architecture allowing ingestion of any data type, combined with metadata management, and powered by the GigaSpaces platform for real-time analytics and speed.2019 Informatica EDC Claire HackathonPrior to the start of Informatica World 2019, global systems integrators (GSIs) had the opportunity to develop new and compelling solutions that tackled real-world enterprise data management needs in the Informatica CLAIRE Hackathon. Seven GSIs used Informatica Enterprise Data Catalog (EDC) 10.2.x, powered by the metadata-driven intelligence of Informatica CLAIRE engine, to create a next-generation solution that fuels data-driven digital transformation.Capgemini’s Smart Data Onboarding – a recommender system which identifies data for on-boarding new sources into Master Data Management (MDM) models using Informatica EDC’s rich metadata context and relationships, took home the top prize and their big win was revealed on mainstage. Their solution accelerates the design and implementation of MDM projects.Marketing Technology News: Nielsen Launches Global Measurement For YouTube Mobile Applast_img read more

iPhone Loyalty Is Reportedly Dropping Like a Rock

first_img ‘Doctor Strange 2’ May Have A Different Version Of Nick Fury Willow Smith’s Transformation is Turning Heads 93 Comments The Inside Scoop On How ‘The Batman’ Is Coming Along Tagged In applesmartphonesandroidsamsungiphoneAT&Tverizont-mobile5gSprintphabletsGartner5G Ephone salessmartphone market Post a Comment 93 Comments According to a new report, iPhone loyalty is dropping rapidly as consumers trade in their Apple products and move to other devices. The news is a further potential blow to Apple as the smartphone market slumps and its devices continue to underperform.A new report from BankMyCell claims that after tracking about 38,000 users since October 2018, iPhone retention has fallen by 15.2 percent compared with March 2018. 26 percent of BankMyCell users reported planning to move to another brand, while just 7.7 percent of Samsung Galaxy S9 buyers planning to move to an iPhone.According to Kantar Research, iPhone devices accounted for 36 percent of US phone sales in Q2 2019, down 2.4 percent from the same quarter last year. Globally, Gartner has stated that smartphone sales are expected to decline by 68 million this year, down 3.8 percent.A few things are made collectively clear by this data, and not all of them concern just Apple. First, you can expect an absolute blizzard of advertising around 5G in upcoming years, and it’s probably not going to be honest. AT&T set the tone early, with its lies about 5G E, but it probably won’t be the last company to fudge its marketing one way or another. Expect manufacturers to fight and fight hard to get you in the door, even though first-generation 5G cell phones are so bad, high outside temperatures can literally make them stop working in that mode. And by “high,” I mean “85F,” which isn’t really all that high in the downtowns and city centers where 5G service is rolling out.5G’s Mortal Enemy: The SunNo, it’s not an actual subhead for this article. It’s just how I feel like that point needs to be made.Anyway, the mystery here isn’t why Apple customers are abandoning Apple, so much as why they’d be running to Samsung instead. Both companies have enthusiastically leaped on to the bandwagon of selling customers smaller upgrades with fewer features at higher prices in recent years. The only Apple devices I’d recommend to anyone would be the small iPhone 7 or iPhone 8, but the reason I’d recommend them personally is because of their size, not any other feature. I have absolutely no interest in large devices, which means I have no interest in Apple products any longer. Unfortunately, since Android is responsible for the current trend in giant devices, it means I also have no viable Android alternatives.I genuinely expect that the iPhone SE I currently own will be my last smartphone. I will not carry a giant, smash-prone device. Given that I have broken the screen on every iPhone I’ve owned save one, I have no intention of upgrading to a larger piece of hardware with more expensive components that I am statistically even more likely to damage.But even if you aren’t like me — even if you love large devices — it’s hard to see what the current crop of products offers that’s new, useful, or even desirable when prices continue to skyrocket. Top-end smartphones are now more expensive than some very well-made laptops. For some people, it may even make sense to invest more in a top-end smartphone and skip the laptop altogether, but we’ve gone from the era in which you could treat these devices as existing side-by-side to one in which buying one type of product might be so expensive as to preclude you buying the other.Companies won’t be able to fix this problem because companies aren’t very good at being creative. What Samsung and Apple did during the original smartphone revolution was realize that new interface paradigms were possible, then push those interfaces and capabilities during a narrow window when hardware was improving rapidly, allowing for quick evolution. But the entire reason that new categories of devices like wearables haven’t taken off the same way is because manufacturers haven’t been able to capture lightning in a bottle twice.Thus far, the smartphone manufacturers in the United States have decided to double down by raising prices sharply and hoping people are still willing to pay them. Whether this has made the short-term pain worse is unclear. At the very least, it’s drawn a clear line between what these companies think they are entitled to — even more money, despite offering fewer meaningful improvements — and what consumers seem inclined to do (namely, refusing to award weaker products with more cash).I have no particular idea why anyone would move to Samsung over Apple, because honestly, most of these trends apply to Samsung just as much, but it’s possible that the talk about how Apple is failing to live up to its own product heritage or the negative rumors about this years’ iPhone are pushing people away. Either way, if the long-term PC decline is anything to judge by, this situation is going to get worse before it gets better.Now Read:Police Can Unlock Any iPhone With Cellebrite’s New ToolVerizon’s Galaxy S10 5G Price Blows Straight Through the $1K BarrierApple Cuts MacBook Air Prices, Updates MBP, and Kills off the MacBook Facebook Twitter Linkedin Pinterest Google Plus Reddit Hacker News Flipboard Email Copy 0shares This site may earn affiliate commissions from the links on this page. Terms of use. Saying Goodbye to Johnny Depp By Joel Hruska on July 18, 2019 at 3:44 pm You Might Also LikePowered By ZergNet iPhone Loyalty Is Reportedly Dropping Like a Rock Little Lucy From ‘Narnia’ is Head-Turningly Gorgeous Now at 23 This Is Where ‘The Man With the Golden Voice’ Ended Up Proof Henry Cavill Isn’t a Very Good Dude at All New TV Shows That Will Absolutely Get Canceled in 2019last_img read more