35 Burst results for "tencent"

Google CCAI with Antony Passemard

VUX World

08:14 min | Last month

Google CCAI with Antony Passemard

"We're gonna be talking about google contact center. And i'm not just saying this because you're here on an is honest truth. I've been hoping one in this composition for a long time because our history. If you go back far enough is rooted in alexa. Google assistant and the voices and spirits. And we've been working in this all contact center environment and customer services for a while and then we see. Google released this kind of suite of tools. The seems to have in some parts from history with with google assistant and all this kind of stuff in very similar technologies. and we've been been exploring it for awhile and excited to see where it goes and what you're up to so thank you much for joining us citing citing. Yeah there's a lot of history there with assistant and yeah we can talk about. It's it's an interesting story but it. What's what's interesting is that it's really exhilarating in the last two years. It's been pretty pretty impressive. What we've been able to deliver and really happy to release a led technology now until it's all coming together and we're seeing great results so happy to cheryl that nice. What's what's what's who is it. That says underwent a plan comes together is bigger is gonna plan comes together nicely. Well well on any join those. So you the head of compositional nine contact center at google cloud jonah. Tell the people tune in a little bit about what the rule is what you do on google cloud and how that relates to i own the product the product suite basically. So whatever touches conversational. I for google cloud which is now set of a set of product so some underlying technologies like the speech to text. Api or text to speech api. Some of the amelia technologies that we have but on top of that really. What's interesting. is the various products. No dalek show. For cell surrey's channel bots voice and chat the agent assists to help human agent do their job better and getting sites. And what's going on in real time as they were talking to customers and the latest one is insights which is coming verviers soon which is about understanding all your contact center and everything that's happening they are so it's kind of a product suite under the umbrella. Ci and yes. I own that. I have a team of product. Managers that Do a job at delivering on those products from helping drive a change in the market with this nice so i was just trying to put the lincoln in lincoln. So you mentioned the Some of it has a history with google assistant. Let's unpack that a little bit. So where i come from. And what relationship. If any have with google assistant technologies it started about four years ago. I think some somewhere around that where we did assistant actually did an acquisition of a company. Api and the. I was A tool to help people build better. Google assistant interactions turned out. That in google cod. We were really interested with this technology and the cloud. Google customers actually started using piano the i to build bots for arna a prize and it became dialogue so and so we started planning a little bit working toward more entreprise use cases with alec flow as as assistant was working on their own on their own path and were sharing a lot of the nfl. You underlying the technology but as time passed we so much more traction in the enterprise and had to separate ourselves a little bit in terms of how you manage the the system itself and elliot's fairly common but the system you know the the designer the interaction the web hoax infrastructure the security level privacy that we could provide with allah flu can a diverse and about i would say about two years ago. We started embarking on a new journey toward larger on it so we had their early over. I think we have about one point. Five million developers now in dallas so signed up but we saw that big move award. Large large companies like verizon and likes that wanted to have a lot more flexibility and being able to handle more complex. Use cases with their varietal agents Migrated toward what we just launch in. General is but at the same time we expanded toward agent assists and insights we added to the portfolio so the history starts at a piano. The i four years ago. But i think they're somewhat of a split about two years ago to address the large enterprise cases those use cases and so for those who you mentioned. It's this this dialogue floor the cx was created. There is agent assist olympics and insights. Those are the those are the the full men compo- insects out yet but inside his common. That's right isn't it. Yeah so. It's a early preview right now. It's coming on in in In preview the states kind of bit is a new term. Like we don't have alpha beta anymore. We have previews and j preview previews coming out. I think in the next month and now it takes care is incites is no analysis product per se. It is it is inside. So floyd assists on sites had the three main main products. And i'm accents. Okay then so. Donald flows has been used a lot for goodness actions as well as chump dot says wella's contact center etc for those up in the day a more than likely have experienced dialogue floor in some shape or form. So what is it. The drove the need for dialogue floor. Cx whetted cx come from. Sussex is more graphical. It's it's slightly different to. Es what's the history. Yeah that's actually very important. So essentially asks is basically dial for the daleks with everybody knows that the prior version she will that was meant to build simpler interactions. So one or two turns. Maybe three turns if you if you really need to go a little deeper but some people have called it like slot failing type of bots little bit of that no s something getting tencent and entities and do something where the work or cloud function fairly simple. But when you talk about larger apprise they need to handle much more complex use cases longer. You know five. Ten twelve fifteen turns in conversation or you know things that lasts for two or three minutes on the voice side and being able to handle that without floor essential was very difficult. Because linking intense between them. The nfc between intense was a little difficult to do and the visual builder was a big improvement where you can see a complete flow manage the transition in dragon drop. Ui all without code was really important to a lot of customers but it really doesn't stop there Dallas came from a need for better predictability in spending for example so the pricing model is different. Secession based rather than a turn or fifteen second incriminate. It has a skill ability Capabilities that are much higher so delicacy. Excellent handled forty thousand intent in a single implementation issue. Compare that doug. Flu central two thousand ten. You can have mega agent on it. Which allows you to go to twenty but cx with forty thousand and ten and we have customers that are in the many many thousands fifteen seventeen thousand intents so it does happen that you need this kind of skill. It also has a lot more features toward ivr's when you used alpha essentials. It's unlikely you're going to replace your vr and hence your vr with. It's more about knowing if you think about assistant. Its interaction with smart device.

Google Alec Flow Lincoln Alexa Cheryl Elliot NFL FLU Verizon Wella Dallas Olympics Floyd Donald Trump Sussex NFC Secession Doug
an Update on China's Digital Yuan

The Breakdown with NLW

01:59 min | Last month

an Update on China's Digital Yuan

"An update on china's digital yuan and its relationship with private fintech companies we've been following the testing and the rollout of the digital yuan and the significance is a couple different pieces. There's i significance in the context of china trying to create an alternative to the. Us led global financial system. But there's a second context as well which has to do with the relationships between private fintech companies in china and the chinese government itself indeed it seems increasingly clear that step one in creating that alternative system is consolidating power at home what we saw late last year when china stepped in and stopped the financial groups. Ipo and really reshape. The way that company was designed are all a part of that larger battle today. Bloomberg is running a story about how china is pulling in two of the biggest fintech companies to its digital you on trial. The article is titled china. Enlists aunt backed my bank expanding digital you on trial and here are the key lines. My bank service will soon be introduced to the people's bank of china's digital yuan app. People familiar said requesting not to be identified because the matter is private tencent backed. We bank will also participate. One of the people said the e wallets from the two firms will have exactly the same function as those from. The six state owned lenders in the trial said the person adding the two banks to the pilot will help china's central bank expand its influence and user coverage in its push to establish the first national digital currency from a major central bank. When the people's bank of china. I announced its plans. It was viewed as some as a government move to reclaim the two hundred ninety. Three trillion yuan about forty five trillion dollars payments industry from ant groups ali pay and tencent holdings we chat pay. So again i think there are two really important dimensions to keep watching here. The first is the geopolitical battle. Us versus china. But then there's also the question of public versus private money within china itself

China Chinese Government Tencent Bloomberg United States Bank Of China Ali Pay
Tencent says exec being probed over links to 'personal' corruption allegations

WSJ What's News

00:38 sec | 2 months ago

Tencent says exec being probed over links to 'personal' corruption allegations

"An executive of ten cent china's most valuable publicly listed company has been held by chinese authorities as part of a high profile corruption. Probe according to people familiar with the matter. Jiang fung has been under investigation for alleged unauthorized sharing of personal. With a former official tencent operates the social media app. We chat which is ubiquitous in china. A spokesperson for ten cents and jiang has never held a senior executive position or managerial posts in the company. It could be determined. Were jiang is now and he couldn't be reached for comment. Chinese authorities having confirmed that jiang is under investigation

Jiang Fung China Tencent Jiang
Donner Memorial State Park

Haunted Places

04:17 min | 3 months ago

Donner Memorial State Park

"Located off interstate. Eighty in california about ten miles from lake. Tahoe donner memorial state. Park is nestled in some of the country's most jaw-dropping landscapes every year thousands of tourists flocked there to enjoy. It's wild beauty. The park contains many trails and emigrant museum and the beautiful donner lake surrounded by towering trees. It might be hard to believe that a place so tranquil busy terminally damned but it is said that the energy of a place even a stunning one can be changed forever by tragedy. And that's exactly what happened to donner memorial state park in the winter of eighteen forty-six the previous spring eighty-seven people from the donner and read families. Embarked on a journey from springfield illinois heading west to california brothers. George and jacob donner hand carefully planned the route with james reid but poor leadership and a series of missteps led the men to make few errors. The i was the decision to take the hastings cutoff and untested shortcut that put the travelers behind schedule in fighting heavy wagons and exhausted animals. Slow them down further by the time they traipse through the sierra nevada's winter at already begun and with it of fatal snowstorm. Thompsons hands trampled. She rang out the rag. The snow she'd melded onto it had been warm just moments ago but the wind had put the fire out now. The cold wet cloth was stinging her fingers still. She squeezed the water into her husband. Georgia's mouth moistening his dry lips but he didn't move he hadn't for days he just lay there chain of obligation fastened to her ankle. Tanzim had been against this journey from the start she'd been happy in illinois they'd be well off with a sprawling home in happy children. She had done a teacher there but he wanted more. He insisted on california and thompson could say nothing. Why are meant to nod politely. Even as they watch their husbands arrogance lead eighty plus souls into health and then a month ago. Hope had come. A rescue group had broken through the snow. Georgia been battling ethan. Dan so she'd sent her children. Were the rescuers to brave the wintry pass and get out of this nightmare. Take the children. She said she'd stay waiting out starvation with him. Because that's what whites were supposed to do. They stood by their husbands even when a doomed them. Now george was dying and she'd be all the whole thing had been selfish of him. But that was george always onto the next thing with no thought for anyone but himself her mouth twisted bitterness. Blame was the only feeling stronger than hunker. The wind shuttered the tent blowing open. It's flab with it. A torrent of snow flurries blue inside outside. Tamsin could see dim sunlight shining on the oppressive white woods. The evergreens were tall thick and laden with snow. Tencent thought that it looked like a cage. If ice she rose slowly to pull the flaps shut then looked at george i g shuttered. Then he lay completely still is is open and unseen. She held her hand under his nostrils. No breath he had died after all that she had nearly missed it. She expected more of a spectacle. As george always liked attention. She should have felt sad but all she felt was cold and relentless throb of hunger swelling her belly and there was no question. The hunger was worse

Tahoe Donner Memorial Donner Memorial State Park Jacob Donner James Reid California Donner Lake Tanzim Illinois Sierra Nevada Springfield Georgia George Thompson Ethan DAN Tamsin Tencent
Americans Won't Be Banned From Investing in Alibaba, Tencent, Baidu

WSJ What's News

00:20 sec | 3 months ago

Americans Won't Be Banned From Investing in Alibaba, Tencent, Baidu

"We report the. Us will not ban. Americans from investing in chinese tech giant's alibaba tencent holdings and by do officials had been weighing the company's alleged ties to china's military against the potential economic impact of banning. Them people familiar with the matter. Say the us no longer plans to include them on the defense department list that would bar americans from investing in them

Alibaba United States China Defense Department
'Sex and the City' is coming back, but it's missing one key character

The Bobby Bones Show

00:50 sec | 3 months ago

'Sex and the City' is coming back, but it's missing one key character

"Sex in the city will return seventeen years. After its last episode aired for what tencent ten episodes. I'm so excited about this. Your this is breaking news to me. It will star three of the four original leads. Sarah jessica parker cynthia. Nixon and kristin davis carrie miranda charlotte. We'll all be back. I'm not shocked that the other don't like control they i. I was shocked. When i got into this. Deep dive about kim cottrell and sarah jessica parker and their feud and i thought their on screen relationship had so much chemistry. I thought there's no way off air. Apparently it was tense onset. Like they'd film the scene and then partways access is good. That's good acting right there. Because i wouldn't feel fake. It sex in the city will return seventeen years after its last episode aired. Hbo max that's where it

Sarah Jessica Parker Cynthia Kristin Davis Carrie Miranda Kim Cottrell Nixon Sarah Jessica Parker Charlotte HBO
Is chess an Esport?

The Business of Esports

04:32 min | 3 months ago

Is chess an Esport?

"On this. Podcast we've said chess is definitely any sport it's so cool to see you know Gm ichuro streaming for tsm and playing chess and chess was invented. Today would definitely be any sport. you know. we've we've sort of back that narrative collectively. And then i saw this article and i'm like wait a second. Something's not right like this doesn't feel right to me as much as i believed streaming of chest feels like a little bit of any sport is magnus carlsen is he. The top e sports earner is this really as good for the sports industry as a whole to sort of make this kind of call Or are we sort of now trying to include too much in the definition and we only hurt ourselves like. Where are you guys on that on that on. That thought lindsey. I'll let you start okay. I talked about this on twitter a little bit earlier. I think it's great. So one of the things about these lists especially. I was looking at the top ten team earnings to i mean the amount of potential earnings that are out there are just around fifteen to twenty percent of what they were last year. Because of the pandemic so part of it is that chest was super easily translatable in a pandemic near still able to hold tournaments. It's still very familiar. People still wanted to watch it whereas some other tournaments games. Whatever with the line element. It's not as exciting. So we'll see his carries over into next year that would be an interesting trend but the other part is that. I still don't think it's necessarily a bad thing for this is a little bit. I mean this is where it gets a little bit to differentiate between these sports gaming and top earning streamers as top running eastwards competitive on and the the delineation between all of those is really murky unclear. Obviously he's not the most popular Twit streamer and i wouldn't expect him to have the most money made off of that or most money made off of endorsements or whatever. So when i look at it from that lens. I don't think it's a bad thing that he's leading in this. Very narrow niche category called e sports. Where we're only looking at tournament winnings that have been decimated during a pandemic so but like even non pandemic like even. If you go back he probably still would have made the top ten and half a million dollars. You're weirdo doda to the winning team. Each guy makes you know couple of million bucks. He still would be up there. And i think the bigger question is you know everyone seems gung ho to call chesini sport right but then you see a list. At least i saw list like this. And i go wait. A second at maybe. Have we gone too fast. Here right like manx. Carlson to me has never been an east sports competitor right and so it started trending downwards though if people kind of us chess has an introductory way of getting into it because it is familiar international and then got for like league of legends. Like watching chess. Yeah i i. I very much think that that kind of strategy play that people get into is easily transferable to other games and that it could be a way of just doing that choices. I mean just. Chess has the advantage of longevity. It's been around for thousands of ears. So i don't think it's a bad thing right now. Maybe in ten years. I would think that this would be a bad trend. Maybe even five years but for right now this year it's point even stronger. I feel like we're using chess at this more rate like being used in the dirty version of the word right like we're using it for sorta like clout right because it's cool to have chess as an e sport and chest is massively popular internationally right and then as soon as as soon as you have. Magnus carlsen at the top of the list. Everyone goes oh. No no not any sport like i feel like we're using it a little bit and chris brings up a good point here. Jeff maybe you want to comment on like when do we call poker any sport. Yeah that's a good point. You got a slippery slope at some point. Can you call you know anything. That's being played electric. You know it's just this other point at some point. Can you just call anything you play like you know like if we're flipping a coin and betting on the outcome is that an e sport if it's filmed than like you're in one place at other place i don't know

Chess Magnus Carlsen Lindsey GM Twitter Carlson Jeff Chris
NYSE Says Again It Will Delist Three Chinese Telecom Stocks

Techmeme Ride Home

03:49 min | 3 months ago

NYSE Says Again It Will Delist Three Chinese Telecom Stocks

"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech

China Tencent President Trump Lee Order Commerce Department Nyse ALI Reuters United States Mnuchin China Telecom Eamon Jabar Unicom Treasury Us Government Cnbc Office Of Foreign Assets Contr
After Jack Ma, Is China Freezing Its Entire Tech Sector?

Techmeme Ride Home

05:25 min | 3 months ago

After Jack Ma, Is China Freezing Its Entire Tech Sector?

"So what did we miss. Well over the break. The whole chinese communist party versus jack. Ma thing got even more interesting. China's market regulator suddenly announced an antitrust investigation into alibaba for alleged monopolistic practices. Yes this sort of thing can happen in china to. I guess because as far as we know. This is the first investigation of its kind in china's internet sector ever coating the financial times the market regulator said it was investigating suspected monopolistic practices including alibaba's tactic of forcing merchants to sell exclusively on its platform a practice known as pick one of two in china among other issues. The brief statement from china's state administration of market regulation said the investigation into alibaba had been opened. Recently after complaints ali. baba's hong kong listed shares fell more than eight percent in early trading. Alibaba said it quote will actively cooperate with the regulators on the investigation and quote and that its business operations remained normal. This is china's first antitrust investigation into a chinese internet company for abusing its market dominance said scott you and antitrust expert at jong loon large firm quote. In a worst case scenario alibaba could be fined up to ten percent of its previous years sales and quote lawyers said the initiation of a former investigation met the government already had some evidence to support its case regulators quote definitely have evidence but it is hard to say whether they will ultimately decide this constitutes monopolistic behavior and its punishment said you jin wa at shanghai deboned law offices and quote so this story continues to fascinate me because for years the communist party has allowed big tech companies to flower in china to show that china could match the west for innovative disruptive capitalism albeit with the special chinese communist party spin on exactly what that entails implicitly. I suppose it has always entailed the communist party. Always having the final say on what exactly disruptive capitalism entails and it's interesting to see them very openly pulling the reins on jack ma one of the earliest and highest profile of the entrepreneurial success stories in tech china alibaba was founded all the way back in nineteen ninety nine. It was china's most valuable company for a long time though. Suddenly no more alibaba's seen almost all of this year's stock gains erased over the past few weeks wants the hammer began to come down on. Ma it all began with the canceled. Ipo of ant group. The finance of alibaba. Also run by jack ma and this morning even more. China's central bank has announced. That aunt must overhaul its lending insurance and wealth management businesses and come up with a timetable to do so toot sweet quoting bloomberg. These central banks summoned aunt executives over the weekend and told them to rectify the company's lending insurance and wealth management services. The people's bank of china said and statement sunday while it stopped short of directly asking for a break-up of the company the central bank stressed that aunt needed to quote understand the necessity of its business and quote and come up with a timetable as soon as possible. The series of edicts represent a serious threat to the expansion of mas online finance empire which has grown rapidly from a pay pal like operation into a full suite of services over the past seventeen years before regulators intervened aunt was poised for a public listing. That would have valued at more than three hundred billion dollars with existing backers including carlyle and silverlake. The hung based firm now needs to move forward with setting up a separate financial holding company to ensure it has sufficient capital and protect personal private data. The central bank said authorities also blasted aunt for subpar corporate governance disdain towards regulatory requirements and engaging in regulatory arbitrage the central bank said aunt used its dominance to exclude rivals hurting the interest of its hundreds of millions of consumers and quote as dr trae. Who knows way more about china than i do. Said on twitter quote. I'm still perplexed why they decided to kill ant the day before its ipo. It seems like a genuine mystery to everyone whether this was crazy. Powerplay to show they can put the brakes on something as large as that with the of a finger. Or if they like just didn't really look at andt closely until i day and quote but it's not just about jack ma though. Isn't it quoting bloomberg alibaba. Group holding led a second day of frenetic selling among china's largest tech firms driven by fears that antitrust scrutiny will spread beyond jack ma internet empire and engulfed the country's most powerful corporations alibaba and its three largest rivals. Tencent food delivery giant matron and jd dot com. Have shed nearly two hundred billion dollars over two sessions since when regulators revealed an investigation into alleged monopolistic practices. Atma's sickness or company. That marked the formal start of the communist. Party's crackdown not just on alibaba. But also potentially the wider increasingly influential texts fear and quote

Alibaba China Jack Ma Chinese Communist Party Administration Of Market Regul Jong Loon Large Firm Jin Wa Special Chinese Communist Part Baba ALI Jack Hong Kong Shanghai Scott Bank Of China Dr Trae Bloomberg
"tencent" Discussed on The Business of Esports

The Business of Esports

06:13 min | 4 months ago

"tencent" Discussed on The Business of Esports

"The first here is from the motley fool and the headline tencent makes another billion dollar gaming acquisition. The chinese technology and media conglomerate has been on an acquisition spree in the gaming space making its leadership position even stronger <hes>. What they bought here was <hes>. Lay you lay you technologies. Which is the parent company of digital extremes <hes>. And it's a canadian. Based video game studio known for war frame <hes>. they also own studios including athlon and splash damage. Ten sense going to be paying roughly one and a half billion in cash <hes>. Choir the company which is incredible <hes>. The buying spree that they've been on the amount of cash that they've put out there the second acquisition this one <hes>. I think we talked about it on a previous podcast <hes>. And it was a agrees to a us. One point two billion dollar deal for f one video game developer code masters. I think when we talked about it we were talking about it in the context of take two interactive having made an offer and ea sort of just trump them. The came came up with an offer for about two hundred or two hundred and fifty million dollars more so they were willing to pay a higher <hes>. Share price 'cause code masters is publicly traded. And so it looks like ea is going to end up acquiring code masters having outbid take two interactive. Which i think at the time when we talked about it we felt that was a big price. Tag billion dollars for code masters and now the looks like the trading price is going to be one point. Two billion so curious to get your guys thought <hes>. You know we can talk about them individually or we can talk about sort of which one we think is the better acquisition <hes>. Neil i don't know if you know the war frame guys. I know it is canadian based a candidate based <hes>. But curious to get your thoughts on these two. My i take is. I know you guys are fans of this gentleman. But jeff bezos when you look at code masters being bought yeah code about being bought for one point two billion. Let's just taking kids that are issued. How amazing that twitch nine hundred seventy six years ago right on decide to eight point. Nine children should win. Ea i think is in such a good spot and we might say openly. Here that one would you billionaires demo overpaying if you look at the stock run that they've been onto it's a currency unto itself and there probably sixty seventy percent on the year and adding more aaa titles to their. Snow is all the better. I think they've just done a tremendous job in and similar racing at f. One especially with what we saw as a result of that netflix series drug survive and get him is f. One is making a huge comeback younger audiences and people that have now seen this through netflix. And then people that are you know. Middle aged or know mid thirties to my age is. We're all obsessed and we're following it every week and it's quite dramatic as i didn't care about f. one at all in the last couple of years. But i'll admit. I've i've in the playstation store i've bought the f. one game it's not that great in my opinion maybe not that good at driving it but i think the acquisition is worth the risk. You want to be known as as a world class when it comes to fee for <unk>. Nhl sim racing. They've got such great titles along the way and you know the team over there in teams doing it competitive gaming entertainment now. They're just making the right most. I don't know much about this. Said deal admittedly <hes>. But anything tencent touches <hes>. It's a powerful move and they're building empire that we should be very very afraid of. I mean both seem like really good acquisitions from synergies perspective right because ea has all the sports titles so f one feels like a perfect fit and and ten cents graded monetization right. Probably better than anyone and wore. Frame really is one of these free to play like monetize. Every which way up the wazoo kind of games like it's in the ten cent portfolio both of these acquisitions. I have to tell you like in a vacuum. I thought they were already owned by the people. Buying them like no joke. Like i literally thought were frame was somehow i was like. That's just the sort of thing they buy and the same for ea. Like i literally thought. Like i played grid quite a lot in my memory. Brid was an ea game like it was published by ears. I don't know. But like i just that tells you how lake like well on portfolio on message these acquisitions. Our prices are high. But as neil said like the market tie and then took to other point as well you know putting in context of bazo acquisition. Like doesn't matter where you put money and put it games like i think anything that was bought for a billion dollars a couple years ago smart because there were a couple wasn't just twitch we had minecraft myra look in a world where roadblocks goes public at thirty billion or forty billion market cap like buying minecraft at four or five or whatever they paid right seems like house. Yeah just like microsoft like so like the bottom line is but guises whiting. Listen to this podcast. It's so important. It's just like this is not the exception. This is the norm putting money in games today will turn into more money later. More likely than not investment advice aside. I'm not a credit above because the industry is just so positioned. It's the future of so much entertainment media and everything so like the reason. We're observing these crazy exits and outcomes is because the space is a whole is growing so much right so lake. Get into the space. That's the bottom line william. I'm with you on that. A hundred thousand percent. And i think the interesting thing is re that are in the industry. <unk> we talk with these things very openly. We discuss them. But from an outside portfolio manager at a morgan stanley wherever they probably are afraid

neil duffy williams amos william William paul Williams
Tencent Buys Warframe

The Business of Esports

06:13 min | 4 months ago

Tencent Buys Warframe

"The first here is from the motley fool and the headline tencent makes another billion dollar gaming acquisition. The chinese technology and media conglomerate has been on an acquisition spree in the gaming space making its leadership position even stronger What they bought here was Lay you lay you technologies. Which is the parent company of digital extremes And it's a canadian. Based video game studio known for war frame they also own studios including athlon and splash damage. Ten sense going to be paying roughly one and a half billion in cash Choir the company which is incredible The buying spree that they've been on the amount of cash that they've put out there the second acquisition this one I think we talked about it on a previous podcast And it was a agrees to a us. One point two billion dollar deal for f one video game developer code masters. I think when we talked about it we were talking about it in the context of take two interactive having made an offer and ea sort of just trump them. The came came up with an offer for about two hundred or two hundred and fifty million dollars more so they were willing to pay a higher Share price 'cause code masters is publicly traded. And so it looks like ea is going to end up acquiring code masters having outbid take two interactive. Which i think at the time when we talked about it we felt that was a big price. Tag billion dollars for code masters and now the looks like the trading price is going to be one point. Two billion so curious to get your guys thought You know we can talk about them individually or we can talk about sort of which one we think is the better acquisition Neil i don't know if you know the war frame guys. I know it is canadian based a candidate based But curious to get your thoughts on these two. My i take is. I know you guys are fans of this gentleman. But jeff bezos when you look at code masters being bought yeah code about being bought for one point two billion. Let's just taking kids that are issued. How amazing that twitch nine hundred seventy six years ago right on decide to eight point. Nine children should win. Ea i think is in such a good spot and we might say openly. Here that one would you billionaires demo overpaying if you look at the stock run that they've been onto it's a currency unto itself and there probably sixty seventy percent on the year and adding more aaa titles to their. Snow is all the better. I think they've just done a tremendous job in and similar racing at f. One especially with what we saw as a result of that netflix series drug survive and get him is f. One is making a huge comeback younger audiences and people that have now seen this through netflix. And then people that are you know. Middle aged or know mid thirties to my age is. We're all obsessed and we're following it every week and it's quite dramatic as i didn't care about f. one at all in the last couple of years. But i'll admit. I've i've in the playstation store i've bought the f. one game it's not that great in my opinion maybe not that good at driving it but i think the acquisition is worth the risk. You want to be known as as a world class when it comes to fee for Nhl sim racing. They've got such great titles along the way and you know the team over there in teams doing it competitive gaming entertainment now. They're just making the right most. I don't know much about this. Said deal admittedly But anything tencent touches It's a powerful move and they're building empire that we should be very very afraid of. I mean both seem like really good acquisitions from synergies perspective right because ea has all the sports titles so f one feels like a perfect fit and and ten cents graded monetization right. Probably better than anyone and wore. Frame really is one of these free to play like monetize. Every which way up the wazoo kind of games like it's in the ten cent portfolio both of these acquisitions. I have to tell you like in a vacuum. I thought they were already owned by the people. Buying them like no joke. Like i literally thought were frame was somehow i was like. That's just the sort of thing they buy and the same for ea. Like i literally thought. Like i played grid quite a lot in my memory. Brid was an ea game like it was published by ears. I don't know. But like i just that tells you how lake like well on portfolio on message these acquisitions. Our prices are high. But as neil said like the market tie and then took to other point as well you know putting in context of bazo acquisition. Like doesn't matter where you put money and put it games like i think anything that was bought for a billion dollars a couple years ago smart because there were a couple wasn't just twitch we had minecraft myra look in a world where roadblocks goes public at thirty billion or forty billion market cap like buying minecraft at four or five or whatever they paid right seems like house. Yeah just like microsoft like so like the bottom line is but guises whiting. Listen to this podcast. It's so important. It's just like this is not the exception. This is the norm putting money in games today will turn into more money later. More likely than not investment advice aside. I'm not a credit above because the industry is just so positioned. It's the future of so much entertainment media and everything so like the reason. We're observing these crazy exits and outcomes is because the space is a whole is growing so much right so lake. Get into the space. That's the bottom line william. I'm with you on that. A hundred thousand percent. And i think the interesting thing is re that are in the industry. we talk with these things very openly. We discuss them. But from an outside portfolio manager at a morgan stanley wherever they probably are afraid

EA Tencent Netflix Jeff Bezos Neil Brid NHL Whiting Microsoft William Morgan Stanley
Tangle and Headcorn Go To Battle

Bedtime Stories With Nennis And Douglas

06:11 min | 4 months ago

Tangle and Headcorn Go To Battle

"Hi story eights cold tongo an headcorn go tab bottle. It don't glisten there are two farms coal whores ball lot of poll gentle slope farm boy. The foot of love burst doc. Mountain and pepin farm next to the metals gentle slope farm is run by former on pepin farm farmer corn even though they do similar jobs and have quite similar farms in many ways the to thaw murders have nothing in common fucked. They are quite competitive. All ways arguing about who grows the best vase or who offstage date the best. The who has the most powerful tractor. Who's hayden later tastiest eggs or who has the best rubber boots any. Can you care to mention farmers. Tongo acorn will argue a bow and troy on coke heat with each other of bolton nothing invasive whole world may the more competitive done yearly ploughing contest. Pay was widened. Both farmers would take their tours and plows into the same failed on. Say who could play the earth up in the nativist law and end the quickest towing possible sort of rice way. You have to be very neat and very goad tractor. Driver of the contest would swap around every year while year on gentle slope arm. The next all pippen farm. Wow this year. The ploughing contest walls pippi held on farmer. Had headquarters pippen. Barb on him won't win it aven more than hey usually dade which walls odd about two hundred pay poll from the town had come down to watch and man that were tencent stolz setting cakes and multiples of toy tractors and even roy on some of the far machinery bought the nine attraction. Was the plowing called. Tash te on the rules were as follows. Both farmers must start at opposite ends on opposite soy of the same failed. And i most plowing. Who's bach unforced. And tell one is the first to get all their rows across to the middle of the field in the judges will compare. The rose are the farmer who gets to middle thirst hamas the house then they wayne if they get to the middle i on the author of farmers still has a nate. Ace rose that and they author farmer. When's three o'clock. Thumbers tangle and had corn up enter their two tractors which were parked in the yard. Falmer tarn goals was orange with a white cop and former headquarters was purple with a green cobb age gave each other one last stare before heading note opposite ends of the big failed very long. Gothard a long walden sullied most of them leaning on the stonewall some of them set in on each other's shoulders to watch the main george mayor dobbin storage on the judging platform with his big hooter on hayes. Mega thal on farmers ready. Both tangle on headcorn revved today engines of bear trotters on poulton levers in their that lower plowing blades into the her then So the mayor. The oath bars gently pushed their feet down on. The accelerators of air tractors

Pepin Farm Metals Gentle Slope Farm Tongo Pippen Farm Tencent Stolz Hayden Acorn Bolton Troy Ace Rose Tash Barb Falmer Tarn ROY Bach Gothard Hamas George Mayor Dobbin Walden Hayes
An Alibaba Beatdown

CNBC's Fast Money

04:48 min | 5 months ago

An Alibaba Beatdown

"Alibaba. Closing the books on a record shattering singles day sales event. The tech giant says gross merchandise value. Seventy four point one billion dollars over the eleven day event but check out what happened to baba shares in hong kong trade. They fell nearly ten percent following a massive crackdown on the company. By the chinese government. Deirdre bosa is here with the very latest on this story. Deebo well in years past melissa. Single day has been all about those huge numbers that show the reach of china's internet giants. This time though that may be seen as more of a riskier. Flex justice singles was getting underway. Beijing's antitrust watchdog put countries tech giant's notice issuing draft rules aimed at rooting out monopolistic practices. Now the news hits the biggest names. Not just alibaba tencent. Jd dot com as well in hong kong by between seven and ten percent in. Just one session now. Alibaba is you know has already been under pressure. Since aunt groups halted ipo. The fintech also faces a changing regulatory landscape. More broadly guys regulatory pressure could be signaling. A new era for chinese tech. Not unlike what we're seeing for our own. American tech companies alibaba president michael evans told me earlier today. That transparency will be key. We need regulatory transparency. So that investors the company regulators. Everyone else can see the transparency and understand the rules by which the game will be played. That's where we're at over the last decade or more. The giants have been seen as national champions evidence of china's tech prowess surpassing even their american counterparts by some measures like users and growth. But now melissa. The draft rule suggests that beijing thinks that they have become too big and wants to rein them in perhaps giving a new crop of companies a chance to content back over to you all right deirdre. Thank you deirdre bosa for us tim. I'll go straight to you on this. I mean it was once thought that as national champions firms like alibaba and by intense they were backed effectively by the chinese government. And here we are in a very different position which violators of that. New regulation could be forced to divest of assets of intellectual property A whole host of measures. That would be very punitive so Deebo brought up a pretty good point also just that this anti regulated. This is the doj quivalent. We should say what that's meant for. Companies in our country mega cap texas Largely been nothing. But let's be clear about that As a guy that's invested in emerging markets for a long time and has seen governments dismantle companies. It got too big or too influential whether it's oil companies in russia whether it's been power companies in brazil. The national champions in china are just that i think the regulator has to evolve on the fly. I don't think they're gonna be telling these companies apart. And i think this is an opportunity. Remember china wants these companies to be global and dominant and they want them to work with the next wave of chinese tech companies. They're coming and yes they'll be competitive Influences but i think this is an opportunity but still the context of this is that these tech regulations came a week after the government forces suspension of the ant financial ipo karen which forced you as an investor in alibaba to actually reevaluate because it. It changed the rules to the point. Where aunt may not be as valuable as it once was. I think that's true. I think aunt will be unlikely in the short term to be as valuables. It was the very best cases. there's no new regulations. I don't think that's the most likely outcome. But you gotta think about how far the stock has fallen. And i think you know i agree with just about everything tim said of them. Being national champions. I think they're trying to this is really a spanking for jack. Ma and i think that ultimately i don't know how much of a difference it'll make in their in how powerful they are so when i look at how much the stock has come down if i own none. I would buy it right here. I don't own none. I own a fair amount. So i didn't add today. My next by next action probably would be to add. And i think that i don't know how long it's gonna take to resolve this but in my experience. Panicking on news like this has never been the right thing to do. So maybe this time it is the right thing to do but we look at what happened with the the internet companies. The gdp are we looked at having the antitrust with google stock traded up. We look what happened with facebook. Stock traded up. So i'm not gonna panic out of it. I may be the last one out when they dismantled the whole thing. But if i owned on abide here

Alibaba Chinese Government Deirdre Bosa Deebo Alibaba Tencent Fintech Chinese Tech President Michael Evans China Hong Kong Melissa Beijing Deirdre TIM Giants DOJ
Esports Entertainment Group, Future of Esports Betting & Casinos?

The Business of Esports

01:54 min | 5 months ago

Esports Entertainment Group, Future of Esports Betting & Casinos?

"They may call me the profit, but in my life outside of the business of Sports, I have worked on the investment side of the table for the better part of the last two decades. The single fastest growing area of gaming any sports is gambling. It's booming right now you don't need to be a prophet like me to see that whoever as an investor I have stayed away from gambling and betting companies because of the reputational risk and often shady nature of the companies involved. That was true until now I have recently bought stock in. A new company called E. Sports Entertainment Group which is focused on East sports and gambling the big difference that changed my mind is that East Sports Entertainment Group is a public company nasdaq-listed and fully regulated focused on sports betting the regulatory and audit requirements of a public company are key in my mind to provide the needed transparency for players, betters and investors. I had an opportunity to host the CEO of Sports Entertainment Group on this PODCAST, a couple of months back, and I was very impressed by his vision for the company we have stayed in touch and I'm delighted to announce that they have accepted to become an official sponsor of the podcast. If YOU'RE A family office institutional investor or investor of any kind east sports entertainment group ticker symbol G. M. B. L. might be one of the best ways to get exposure to the east sports, betting space and gaming in general. Make sure to check them out at East Sports Entertainment Group DOTCOM. Having said that and to make sure to state that this is only my opinion I'm not an investment advisor or selling stock in the company. Please make sure you do your own research and seek advice from a licensed professional if you're looking to invest in the field.

East Sports Entertainment Grou E. Sports Entertainment Group Advisor CEO G. M. B. L. Official
Esports Round-Up: Huya, DouYu and Halo

The Esports Minute

01:47 min | 6 months ago

Esports Round-Up: Huya, DouYu and Halo

"Let's start with though you and Julia we talked about this when tens at announced intentions to potentially combine the two massive streaming sites but today the deals intentions were made official. Both sides had relatively equal viewership share in the Chinese market, and now they combined to be the big streaming site in the world. Of course, tencent controls the majority voting power with the company is well, it's ten cents world we just live in it over in Doda to land valve is going to pump the TI prize pool. Until it bursts this past weekend, the price will which grows thanks to a small percentage of sales of cosmetic items in Doda crossed the. Forty million dollar mark. That's absurd. Last year, the price will was thirty, four million, and this year would have been around the same had ti habitant August like it has every year for the last decade or so though Ti being postponed until apparently August twenty, twenty, one according to the last vowed statement that price pool is set to just keep growing if trends hold true price will be over sixty million by next August and if that is the case I'm not. Sure. Any eastwards event will ever top it. I'm grey haired Geezer reminiscing about the Game Q. and finally speaking of Reminiscing Hilo sports has had the most positive momentum. The eastward seen has had in years this morning envy announced a halo. Roster. They joined cloud nine and central's as major eastwards organizations who recently announced rosters. There is something happening behind the scenes here ahead of the release of Halo Infinite which has been delayed indefinitely and doesn't have an exact release date. Today one hundred, even released their CS go roster. Now that doesn't mean much by itself. I don't really want to speculate on it, but it could be opening up the or to a new game and halo seems like a likely possibility that's offers up upset of the sports minute I'll be back tomorrow or possibly Wednesday depending on how much news comes out tomorrow with a recap of Group and League of legends world ahead of the bracket stage would start later this week.

Doda Halo Infinite Julia League Of Legends Hilo Tencent Official
League of Legends: LPL to reportedly introduce salary caps

The Business of Esports

05:22 min | 7 months ago

League of Legends: LPL to reportedly introduce salary caps

"Talk about League of legends. This story totally flew under the radar guaranteed no one watching right now saw this at all and to me this is a major like really major and Anyone talked about it. This was on Dadi. Sports. L. L. TO IMPLEMENT SALARY CAPS will assign players in tears based on performance. So basically, what they're saying is a Chinese. League of legends okay. is going to have salary caps like the NBA. So you can only pay players so much money. And and that they'll have a minimum wage, the lower limit, a luxury tax if you go over the salary cap right. but basically. That players based on how well they perform will be assigned to tears, which determines how much salary they can actually make. I this to me is unheard of both I think in traditional sports. And Any Sports William do you think this is great like as a team owner? Do you like seeing this is a I mean I. It's tough for me to say anything other than I really like it. You know I mean like look I mean it. It's in the L. p. l., which is hardly forefront of what we're looking at right now in terms of sports ecosystem but it's a very important league in the global context right and I suspect it's me to address a couple things right? Like one is. Like let's I think it's probably not good for the players because anytime there's a salary cap that's usually like that. That means you're salaries caps really I don't know if this is a win certainly for the top pros, it's on a win for the less strong pros. Maybe there's a benefit here because now they're more draft viable salary basis although to be honest, they were probably already draft five on a salary basis right? Because the answer is like if there's ten slots, the eleventh players basically like. They're either playing like a highly specialized scherzer deploying a highly especially skill or not. Right. So you know there's a lot of momentum to get to get edge players into the scene. I suspect it was driven by the fact that there there is a little bit of arms race sports, salaries that takes place right and I think the publishers looking at it and they're saying, do I want my teams because let's be honest this is not altruistic I. Don't think is right being like a really help you. If we capped the salaries, you spend less on your players right and also it's not even altruism because I don't think it's good for the players as I've said so I suspect this was motivated more by. Riot would like that money going elsewhere into content into videos into train like basically anything other than paying rents on athletes and the salary cap I thing is interesting. It's it's like. I'd like it to catch on I think it's good. We have models and traditional sports with salary caps that I don't think really work because a lot of this has to do with teeth if you're luxury taxes, two percent nobody cares. But I. Think it's an interesting thing to look at and I think I. Think it's a good like it shows that riot is continuing to look. Like they're not resting on the laurels at the L. and what's happening. It looks like they're looking at other structures on an even though this is not the lcs like this is an important league, and I suspect could be viewed as an incubation ground for new ideas you know. Says, massive for the future reports at I agree Cam Roman says this only in China so for yesterday. and Joseph I'm not familiar with the of legends but I'm guessing some teams make more making unfair advantage, I? Yeah. That's that's that's every league for the most part I just I love this for a couple of reasons one, there's a clear effort here to make. Team ownership more sustainable. Which? Just about every other sports league has largely ignored. Right, like here, there's a clear effort to say, and this is the second thing. I love about it and you mentioned it in in some ways it dismantles the ability to have an arms race right? That's fundamentally what it does. Players can still be played paid well within this construct and I would argue it's much more of a mirror talk crisi within this construct. But what you don't get with this is like. Team XYZ decides they really WanNa sign faker right and they're willing to pay faker fifty million dollars right now all of a sudden every player who thinks he's as good as faker or maybe sort of as good as faker is now going well, he's got he's getting fifty million, I want forty million right and you sort of get this runaway train of player salaries. That are being driven usually by one or two irrational signings. and this sort of. Cuts the knees off of that like it it, it eliminates the ability to have that is driven signing. And it ties it also performance. And therefore. You have real long term stability I think as a team owner in this league

League Of Legends L. P. L. Dadi NBA Joseph I Scherzer Cam Roman China
Government Support - With Justin Stefanovic, VP Global Partnerships at Misfits Gaming Group

BIG Esports Podcast

04:50 min | 7 months ago

Government Support - With Justin Stefanovic, VP Global Partnerships at Misfits Gaming Group

"The support it's been great I think it's been I think. If KKOB it hadn't happened I think we would have had a much faster. Adoption from local fans, businesses a very good job. Connecting on locally we do have some strategic partnerships locally and we've tried to work with some local businesses I think. One of the things we've taken from a I. I should say that So. For us it was a matter of like it was almost two fold. So we're already in this franchise leads right that had a localized proximity to a to a team like where we represent Florida for call of duty and overwatch like. So you from that were right. We should probably have presence in the markets when we have an event or sell tickets. Or merged people know what the what the Hell we are and and Ken Ken we can can we get more money can we can get better deals we work with the different, a different teams internally within the State of Florida to help brought to reach their fan base things like that. So it was almost like, okay, we need to have a presence here. And we moved our our LA operations, which is our over watch league team. She to Florida and several people from Berlin outside of outside of this running the Berlin office and LLC team. Most a lot of those people came came to Florida's well. Working with the city and county we said listen we want to have our headquarters here and we're going to. Bring a lot of jobs. We're going to bring a lot of people down here, and from that obviously, you can work with cities for your brakes on taxes and and just you know. Helpful. There's all sorts of programs for small businesses to help out with. With all sorts of expenses. So I think we looked in a lot of those. We talked a lot of economic boards like even even even talked to some city. Where we're going to be in Boca the whole time, and then there was talk me down to Miami and just looking at see like what these cities but the county's could offer us if we bring thirty jobs and that was thirty jobs pretty quickly I mean let alone scaling up down the road so. And that's where you know we said, hey, we're going to do this What can you do for us? It didn't have to really be a lot of ink or even may anything I think we just ask a question and I think if you don't ask sometimes you know the county and city aren't GonNa, just open like Oh yeah had come here's. We'll help you out with this. This doesn't this. If you say listen like we're GONNA bring jobs we're going to bring revenue we're going to bring opportunities you know how can we work together then you start getting the different boards in the The county level state level listening to you about how so. Yeah I've I've I've done a little bit of token the past Locally here in Australia with sommes and and councils, and the state government that we used to have, which is a liberal potty. You know about exactly those kind of things about hacking you support these people to provide jobs into the space and you know I talked to I talked to three full five teams are all based in Sydney and Melbourne versus Sunni rivalry here in Australia it's it's almost like L. A. Versus New York I guess and saying to them, look these teams would move if you provide them with some support and these government. Austin. They've got a lot of facilities that are fairly empty office spaces that are looking to fill L. even like the Australian Football League, they bought a stadium. He had stadium announced called Marvel and they're always talking about how it got so many empty rooms in the small function rooms in spices and things like that too. So it can you work with a game who's just you know raised I million in seed capital and his hide five ten stuff to give them an office face you know to you. Give them give them some tax benefits give them some support from the from The v Victorian Chamber of Commerce. For example, you know help them with the with the business development departments within the local and federal governments because there are. So many of these know there are local is a local government potty or local government business here in Australia that takes game development companies, I've. Essays does to his in China and takes them to tencent and say look he is the best that we have to offer you. Can we hope to facilitate some wet between you guys and I think that a lot of the time I feel like in in as bullets in infamy? Personally. I've alienated myself from every other traditional startup business where often people say wasteful it's way different. Yes we're startup. Yes. We had to raise money. We have a pain L. U. S.. Business like everyone else. But in some way we feel like way different. But ultimately, we're not you know we still need. Jason money we still need sponsors. We still need profit and loss. We still need staff facilities. In the NBA sports is just business.

Florida Australia Ken Ken Berlin LA Boca Australian Football League NBA Miami Tencent Victorian Chamber Of Commerce Jason Austin Sydney New York LLC China Melbourne L. A.
Judge agrees to delay US government restrictions on WeChat

Bloomberg Daybreak: Asia

00:43 sec | 7 months ago

Judge agrees to delay US government restrictions on WeChat

"The Trump Administration's restrictions on Wechat have been put on hold by a California judge. We chat is owned by the Chinese company. Tencent has 19 million regular uses in the United States, and it was set to disappear from US AB strolls on Sunday Midnight eastern time. Administration claims that the represents a national security threat. But the judge found the government provided scant evidence that the effective ban would address those concerns. She also said that we chat serves as a public virtual public square for the Chinese speaking in Chinese American community in the U. S. And as a practical matter, it is their only means of communication. So the band there by operates as a prior restraint on their right to free speech,

Trump Administration United States California Tencent Wechat
Travel to Turkmenistan

The Amateur Traveler Podcast

05:19 min | 7 months ago

Travel to Turkmenistan

"I'd like to welcome back to the show Justin Barnes from Justin and crystal dot com, and just has come to talk to us about Turkmenistan Justin. Welcome back to the show. Thank you. Thanks for having me back and I say welcome back to the show Justin was on episode six, twenty, nine about the Big island of Hawaii. This is a very different destination. We're talking about today. What's your connection with Turkmenistan? We traveled there on a trip to or the stands. There's the five stands Turkmenistan Kazakhstan respect. Extended Kurdistan, and we went to four of them on a trip and Turkmenistan is certainly the most interesting of the bunch in terms of how foreign it was. The misers foreign every since the word will and I was very interested in doing the show because been one time since we've talked about Turkmenistan and because. Before covert hit, we had a amateur traveler trip plan to the stands not to all five to two. I think of them as I recall in two thousand and twenty one which has bumped to two thousand and twenty two, but still planning on taking a group to that region of the world. So should someone go to Turkmenistan all for one thing it has something that I am fairly certain no other country. In the world has which Zeke giant flaming pit in the middle of the desert that looks for one tencent purposes like a volcanic crater but is actually just burning natural gas and you can walk right up to the edge of it. It's about the ultimate across at about one hundred feet deep and that's something you're not gonna see any world's Laurel I think Azerbaijan has some similar geologic features of natural burning. Areas that have been burning for hundreds of years. Well, in addition to that, there's some very interesting Silk Road historical sites, and also some history even older than that going back to partying times in an earlier excellent and the Parthenon's being a contemporaries with an and rivals with the Romans. The recreation of the Persian state after the fall of Persia to Alexander the Great. Excellent will what should one do would enter and where are you going to take us on an itinerary here? So I would recommend or remain sites that can kind of seen in any. Any order. One is the capital Ashgabad, which is in the south central part of the country. nother one is the gas crater, which is more or less than the very center of the country. Kunia organic, which is the north central or the country. And finally merged, which is in the eastern part of the country in the horror which would go to those guys somewhat dictated in where you're coming from and where you're going to afterwards I think for the most are people who be traveling Turkmenistan. If you'RE GONNA, go that way you're not going to be going only to Turkmenistan, and so it's going to be part of a larger trip either balls, other stands and or. Now, we're you doing trip independently or as part of a tour or how did you arrange us? This was part of a tour. I. Think as a practical matter, it is very unlikely that somebody is going to get a visa to stand on their own is hard to get into Turkmenistan insulin less. You're going with a company that does a lot of tour packages there where they take care of getting visa process they donald is across all the ts I think for all intents and purposes it's it's almost impossible to get in unless you with without friends or family member living country. Will and one thing we should bring up just because people are gonNA look at the map and some people are going to say, no right away. Because of its neighbors. Because we just to the south of Turkmenistan Afghanistan in Iran Iran being very stable country right meal although not always one that my country the US is friendly with Afghanistan not necessarily. Being as stable but Turkenistan you've found to be fairly safe an interesting country to travel to. Yes and we went there from Iran and they were quite different but I felt safe in both places for different reasons. Under of the spectrum well in, we'll talk about more about Iran some other day. There's a couple, very fascinating episodes that we've done on. Iran made me want to get there ever since we've talked about it. So took minutes said you start at us in the capital, Yes yes. So Ashgabad new would either fly into or conceivably if you were on a road trip from either northern Iran or from Pakistan might come in. The car by I think most likely would come into the airport, which is very interesting. Airport probably will not see too many if any other airports that look the same with a multi billion dollar airport that looks like eighty giant Falcon or shave your channel self is a Falcon hundreds of feet. We'll be thousands of feet across.

Turkmenistan Turkmenistan Kazakhstan Persia Justin Barnes Hawaii Ashgabad Azerbaijan Big Island Kurdistan Tencent Zeke Donald Trump Afghanistan Turkenistan Pakistan United States
"tencent" Discussed on 860AM The Answer

860AM The Answer

01:35 min | 2 years ago

"tencent" Discussed on 860AM The Answer

"Okay. Vitamin d improves exercise performance, and reduces cardiovascular disease risk. This was not new but worth repeating this research supplementation could improve exercise performance lower the risk of your heart disease. According to the study indicated that it may inhibit the production of cortisol, which is your stress hormone and most people have higher levels than they need to which can raise your blood pressure. Also when researchers compared the results of fitness tests conducted before and after the study period, they found that those taking vitamin d we're able to cycle in this case six point five kilometers in twenty minutes compared with only five kilometers at the beginning of this study and showed lower signs of physical exertion despite cycling thirty percent further. So that's good news and getting Hansie with the volume of your workout. Here's well established and tencent aid. Tuning into your a lot of people tune into high tempo or stimulating music during their sport. But what about tuning into your opponent? That's a far smarter move. If you do it during a sport or competition from the frontiers of psychology, they found that listening to music increases your risk taking behavior, but did not improve performance. So if you're in competition with somebody. Maybe for training purposes. Do the music route but not for for the actual competition. All right in matters of sexual health..

cortisol tencent five kilometers thirty percent twenty minutes
"tencent" Discussed on Kinda Funny Games Daily

Kinda Funny Games Daily

01:34 min | 2 years ago

"tencent" Discussed on Kinda Funny Games Daily

"Ten cent is looking to increase its investment in the battle royale genre. The South China Morning post today reported that the Chinese firm is in talks with electric arts should bring a respond entertainment developed, apex. Legends to China. Ten tencent already handles Chinese distribution for a number of battery. I titles most notably fortnight parentheses from epic games in which tencent holes minority stake and and player unknowns battlegrounds. Can you imagine having so much money? Yeah. In a country with so many people that you could just be like, hey over there in America. There's something's making all the money which going to bring him here. We got it going to pay for that too. Then make insane amounts of money here. Yeah, they have four and and. Gee at her trying to get a legend good for go, get them tense. It's interesting. You know, tencent was we've talked about him every so often there was that undercurrent of news for a while about how they couldn't publish games for a while in China. And it was that thing of their profits are falling, and it was the concern that if they toppled they bring a lot of American companies with them because they have minority stakes things way epic and majority to that cleared up there doing that again. So here we are back to it back to business as usual, just keep getting apex legend, speaking of apex ledges and James industry, biz James bachelor talks about this. There's a lot of people watching people play apex. Legends the free to play battle royale title, achieved the fourth highest single views in five years. Thanks to the twitch rivals event arranged by developer respond and the streaming from earlier this week on February twelfth apex. Legends fans.

tencent China Gee James industry developer America five years
"tencent" Discussed on Unchained

Unchained

01:57 min | 2 years ago

"tencent" Discussed on Unchained

"Like what about we probably decide star on things? So I can be photon crypto. So that's my background an for your venture. You are Dan wa- ventures. Right. Yeah. That's right. And it just describe who they are. Oh, yes. So let Denver capital has to be on so lay. It has been a pretty like. Major Asian background venture fund in Silicon Valley. And and so I think at the top are our a UM. So let down house that total. The total AM was over. I have a Bill in. And so it is actually backed by some divert tops to cheat in money like Alibaba by tencent cetera. So that's why he has been a leading force of decide Asian investor so individually, and Eric what about you? How did you get into crypto? And if you have anything to add about how you came to start primitive ventures. Yes. So I I went to college in China actually, also was picking university, and I'm also Jewish and so I guess those things kind of conspired to make me really excited about bitcoin. So unlike twenty thirteen. Let me elaborate his his his his back because I guess my interesting bitcoin, I think is a lot more political than a lot of investors. And what comes from his is, you know, as a Jew. I read historically about how when the Jews have been oppressed in various countries, really the first thing that happened kind of the predecessor to genocide was people's financial assets would be frozen in. So like every every Jew has some story about how ancestors had to flee with basically just the clothes on their back in. So when I heard about this form of digital money, though was completely outside of government control. I thought that was like an incredibly exciting thing really from from a political perspective. I wasn't that interested in in the tech into this..

Alibaba Dan wa Silicon Valley Denver Eric China tencent
"tencent" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:51 min | 2 years ago

"tencent" Discussed on MAD MONEY W/ JIM CRAMER

"It's forty five percents. So in theory, tencent music stalls ton room to grow, and it's not just streaming music. But I thought it was most exciting when they rang the bell for the opening. There's a social aspect to all this. There's videos karaoke. There's a messaging social media component. It makes it easy for musicians to connect with their fans. You know, what I even got him the action yesterday, I wanna ten cents most popular music chargers. I pal around with we sick meme do we ever get? It turns out that we sing lov stocks. Well, I didn't really say much, but I can tell mostly though, what tencent music has is scale their parent company on that later, ten cents is one of the largest digital media operators in the People's Republic and years ago. Ten cent decide to roll up the streaming music industry via series of acquisitions there's always a powerhouse that now trades under the tencent music label. They have an enormous treasure trove of data that they can use to figure out what you want to listen to again, like Spotify piracy so rampant in China that the Spotify models just about the only way people going to pay for a money from using court Spotify with Chinese characteristics. There's one more thing that sets tencent business model apart from his question Pearson might grow payments, and we hear about micro payments when it comes to video games this country, but micro payments are key. To ten cent media. There's something like this in America. But in China, the Michael payments economy is much much bigger than ours. Basically people tip it will tip their favorite artists bloggers and other online personalities be all sorts of different websites in apps. They tip with money, and they typically gives ten ship music is a major part of the micro payment ecosystem because they let you give virtual gifts you wanna tip your favorite blogger with a song with ten cents music in the latest quarter. We have numbers for nine point five million users spent money on virtual gifts and these purchases accounted for more than seventy percent of ten s'amuse..

tencent Spotify China People's Republic America Pearson Michael seventy percent
"tencent" Discussed on MedTech Talk Podcast

MedTech Talk Podcast

02:46 min | 2 years ago

"tencent" Discussed on MedTech Talk Podcast

"So falling tencent purposes we actually had an agreement in place to be acquired based on some milestones in the future by our strategic partner. And and I think that's an incredibly good scenario is the time line to to win those when when that sort of marriage gets consummated shot in our case it started being a little bit longer into into ears and face different challenges. You make different unique to make different decisions along the way. And then the interests are not always aligned between your traditional venturing festers in and venture equity on on the new strategic partnership. I think that definitely in our case created that complexity and probably just a. More difficult difficulty around aligning on on the right path full word in lots of lessons learned for me. Definitely in that area. I was very old you through too terribly worded question. So thanks for saving me on that one. Let's let's get into what you're doing. In the news of the day. Of course, is a GM medical tell us a bit about your transition to this because this is out of cardiovascular completely a bit about a Jew. This is very very different. This doesn't have the vascular word in it. Because. Lasted for the first time. I don't have a v. I will admit that. I felt like getting into women's health was something that I personally wanted to do. I have been involved all the way from from the early ident years into different sort of female leadership initiatives along the way natural was felt but doing something from women for women was something that I just have to do before I sort of put a bow on on Mike Harir. So when night GM knock on my door. It definitely was worth exploring. I have tremendous respect for the team that he's here what they have accomplished. And I really think this is sort of sits a little bit at the crossroads of really a medical condition at the very strong quality of life issue for for many women. We add GR developing a very elegant solution for women that that have very heavy menstrual bleeding to be treated. Needed for it in an office setting by the Anaconda gist. We're trying to bring a procedure that has traditionally belonged in the operating room into the gynecologist office with a very safe and patient friendly system that will.

GM Mike Harir tencent partner
"tencent" Discussed on Double Toasted

Double Toasted

04:50 min | 2 years ago

"tencent" Discussed on Double Toasted

"And it's like tencent of itself. Yeah. Yeah. What do they call those kind of movies? Not not like like, a siege movie or something like salt on precinct thirteen real or something like that. Get scared from the regular humans and the implications of what happens if they get caught. Yeah. You know, these these characters. Like, they might be types. But the dialogue is written well enough to act where you actually take them seriously like either the dialogue is written so clever that is funny characters become endeared too. Because they make you laugh in in in even though they are talking in the shade kind of way they sound. They sound genuine are the the the the writing series enough to where they gets really good dramatic moments in this, especially when I lead guy after everything he seem he starts losing. And you you really feel for him because we see what he's seeing. He's coming back, and he's trying to tell people like man look seeing the scene right now. Did you get inside the church Ted? Experience on doing experiments on the villagers all burning people with these flake doors, and they're still moving. Did you is Metallica? And she's still she's still I saw. Get shit. Shit again, h man is a lot of moments in here where where they. These characters are having some very good dramatic moments moments of fear, even moments of bravery just moments where this. Just after a while after being with each other. You see that they actually care for each other to know, they do a great job in this movie making these characters though, there types, feel humid that they would actually if they were that type act out that way, naturally, whatever and something you mentioned about the humor in here. They really great ways of. Importing humor into the writes about whereas not silly or goofy. Like, but it it comes at a time to make you feel like these characters human because they're not just all scared terrified the whole time. It's not the look the reason why you see types and movie you don't like them is because they're written badly. Doesn't mean that you can't take types and use the most types that we've seen as long as you give them something that seemed like an effort was made are there's some good riding behind them. It can work, and that's what I was looking at here. And I was like, yeah. In any some other films? He's types of annoying because the dialogue would have been bad would have been still to follow these these these these plot points that you know, a lazy script through lazy. Yeah. But. One one area that really bucks to trend. That's happening right now is this actress of Mathilde all of Libya, and she's good. I I looked up and she hasn't been in anything too. Big. Just one of the biggest thing she's been enough. She has been something else. I haven't really seen. It are read about French don't. Yeah. I'm not sure. Because I know she plays French in here. But one of the things that did like made a very good is that, you know, she's strong. But not in at trendy way that was trying to make women strong today where they forced them top or anything. She's still emotional and vulnerable, but she's strong. She's she's not a message. She's not something. That's right. But that's the thing. She's still vulnerable in here. She's brave, but it's not it's not forced. You know, she's tough. But it's not. But you know, it's not no way that feels fake like, oh, you know. That's what women into right now. So let's give the women's something to root for not. She was just a person who was doing what she had to do. In got tired of taking the shit off these Nazis here. There's some like I say there's some good Geraldo moments in here to men, and I'm talking about moments with the. Moments with the war stuff. I'm not even talking about the supernatural stuff. You know, I look at some of the gun battles. They have in here at sometimes better warfare than a monster movie. Because one of the reasons why because you hate these Nazis so much these Nazis. Is the worst of the worst man, they give you every reason in the book to hate them, you know, sexually drugs. Yeah. That meant in you main way, they treat the villagers does those Nazis where they you know, they just smug like they kill somebody. And then you hear them dog don't fucking Nazi talk. In the new. Fuck you..

Mathilde tencent Libya Geraldo
"tencent" Discussed on KTOK

KTOK

01:37 min | 2 years ago

"tencent" Discussed on KTOK

"So soap on boarded with with you know, being entertained every second so I do think, it's what's happening is the children? Are not learning that locus of control because you you've got to be still inside of yourself and you've got to, have towing to say how do I saw this problem and that problem, and not, just be totally supervised and? So, develop that if. You don't develop a locus of control you're more likely to become chemically dependent to get away from that, fear, I guess of being out of control yeah I think, so I, think you're more likely to develop all kinds of mental illness for. Coping mechanisms or, negative coping, mechanism gambling or shopping or. Whatever. Anything to avoid Did you know to avoid having to deal with being still and quiet and let let sort, of, our thoughts, come and, you know there's I, use my reading about ethics I used to book called ethical collapse which. Is was written by women she's a lawyer interro, about ethical, collapsed and I worry about that not just in terms of what we're seeing the first signs of the kids maybe kinda like you know birds in their, mind That's kind of a, scary thought but maybe they're. Kind of reflecting when you're seeing. These. Many issues in children and I. Think the signs are important for us. To tune into she talks about seven of them in a sort of things you see in this society as. A tencent because become begin to have, ethical problems and I'll go through. Quickly it's like pressure to maintain numbers, we're we're seeing that in our.

tencent
"tencent" Discussed on The Information's 411

The Information's 411

02:59 min | 2 years ago

"tencent" Discussed on The Information's 411

"A. time and also Hong Kong time as you were writing it and talking to people a ten cent. What were the differences in culture that you were experiencing? You know with the right people in the ten cent people. I mean, is it. Go ahead. There's a clear difference. Sure. In that differences that ride is opera Thomas almost cult employees are really drilled in. It's really drilled into employees is that the player comes first before money that if it's if it's not good for the player, even though it'll make more money, you don't do it and you know, in in meetings, if you talked about all of this feature will make more money, it was really frowned upon at least at the lower rank and file level idea, the higher as you get hired to that, they care, you know that. Yeah, but ten says all about this pragmatism, right? It's a business that you know, it's not clear, I insult. You know, there were lots of tensions over and you know this echoes in the Arctic v got cut with just a steady of that tencent overly monetize their players in riot, you know, was more about, you know, player I. And so when you talk to people actually allow the rank and file employees felt that the reason for the Hong Kong office, the main reason was actually to build a connection to Chinese players, ROY Moore features, players make him. Happier as you get further up the chain, the executives, you know, nor to the leadership level, they say things like, well, the business relationship they wanted to improve that. Yeah. Was it clear right when this deal was happening among the riot people that there were going to be some cultural issues at play? I asked because this is a company that I used to follow pretty closely when I was in LA because it's very much a local company and people seem pretty excited when the deal I happened. It was such a win for the local l. a. tech scene, but within within riot, was it initially? I mean, I think I think that it wasn't clear at the time because China wasn't a huge market yet, and that was the only source of conflict, right? Tencent actually left right alone in the rest of the world. They said, right, you can do whatever you want. You know, the game outside the China when it came to China, though that was the subject of contention. Was that right? Wanted to get more involved? And that's where the cultural clash was. You know, a lot of people at riot never saw interacted with like tencent person. You know when they were there. In Los Angeles, at least. Yeah. So, yeah, the only became an issue when China got big, right, right. And then you have this kind of amazing anecdote of basically tencent building a rogue mobile version of the game that is a total success in China. I mean something that right had no interest in to to begin with. Right, right. And that was like actually a a major point of contention within the company. Is that a and again, as an outsider, you think it's all just in coordinated. Right? That probably tencent, you know, got the permission from riot right helped with the game. You would. Right, right. And that's, that's the thing when I started that was like another point that kind of gaming in cleaned or something off is that you know, when that.

Tencent China Hong Kong Los Angeles ROY Moore Thomas
"tencent" Discussed on The Information's 411

The Information's 411

02:03 min | 2 years ago

"tencent" Discussed on The Information's 411

"So for them, they have a lot invested in the game, but but for tencent is just one of many, many games in China that operates intensive is very pragmatic. You know, they're not gonna, you know, champion one game or the other unless they think it's going to make more money. Right. And so you know, for riot, they felt that you know, maybe the game wasn't getting the attention it deserved or they thought that they could do better. In China it because they were solely focused on this one game on the heavy other games. And so that's sort of kind of the motivation. And then you know what, right it was. You know, they thought, well, let's open up an office in Hong Kong and try to get involved more in what's happening in China. Maybe if we do a good job down the road, when we release feature games, we can get a beverage revenue split. So that was the other issue is that tens of was taking seventy percent of the revenue from the game in China before you reached? Right. And so now that was a big that was fine. You know, when they signed that deal in two thousand eight for they even came was gonna. Do you know blockbuster, you know, in China, but you know, flash forward, you know, six years later in the game is most of the revenues from from China, and they're only seeing rights only seen thirty percent of it right now. Why is that an issue though? When riot is you know, ninety plus percent owned by by tencent while this don't care? Yes, because the employees, right. The employees are get paid right based on how the gaming does. Right? So you know, they're, they're not gonna see higher bonus or their shares in the company aren't going to be as valuable if the game doesn't. You know if they don't make sure the game does well in China, right? Which is a bit of a misalignment in incentives, right? I mean, theoretically, it all should be towards, you know, making parent company more successful because that's all that's who owns you. Right? Right. Yeah, you would think so from the outside point of view, but you know, once you know, I started digging digging into the motivations. I realize like, oh, this is why it's because you know the dates about, you know, you know, it's about money, it's about with employees get. Yeah. So as you reporting out this story and we talked before the podcast, but you're saying it was kind of an intense process of working on l..

China tencent Hong Kong seventy percent thirty percent six years
"tencent" Discussed on The Information's 411

The Information's 411

02:19 min | 2 years ago

"tencent" Discussed on The Information's 411

"All right, Wayne. So you've got this massive story about ten cents and bright games and the tricky relationship between the two companies. And I, I mean, if if you haven't read the story, I don't speaking to our listeners here. You should just read the whole thing. It's lengthy, but it goes into such details about, you know how these companies are trying to make it work, even though there's occasionally differing different strategies in different philosophies. But I mean, just right off the bat, Wayne, like what was your instigating factor in wanting to look at these companies in the story? I mean, what was like the first thing when you're like, I should probably investigate more about what's going on here. Well, it's it's interesting because. You know, I kind of been covering tents, not an off at my previous job at the Wall Street Journal. And occasionally, you know, sources would say, oh, you know, these companies don't get along, but they, they really couldn't really articulate why. But the telling thing wasn't two thousand fourteen. They opened up an office in Hong Kong Ryan. You know, that was very curious for a lot of people in the industry because they said, well, ten cent takes care of the game in China. So why do you need like you know, white? Why do you need riot open up a another office? Why does the ride just use Henson's offices? So that was sort of the inkling that there was something that that wasn't rights? Yeah, let's let's talk about that because that was one of the more interesting. I mean, there are so many, but one of the parts of really stuck out about the story. So explain to me this like rogue tencent riot office. Well, I mean normal outsider when they see that a company is owned by a much larger company, they just assume that everything's in sync, right that the subsidiary checks with the parent company before they do anything. That everything's gonna coordinated in in riots case though, because it operated as almost a separate company, you know, they were kinda just trying to do their own thing. I'm tencent knew about the office, but it was it was more when rights started to do things in China, that tencent wasn't happy with that right. Allow this conflict of came about. Right. So what were some of the things you mentioned in the story, but just for people who haven't ready yet? What were some of the things that right was doing? The tencent wasn't thrilled with well? Sure. Well, you have to go to the motivations first. So the idea is that the people at riot, they make their money from legal revenue tencent doesn't give them like an allowance or anything like that every year..

tencent Wayne Henson China Wall Street Journal Hong Kong Ryan
"tencent" Discussed on WAFS Biz 1190

WAFS Biz 1190

04:05 min | 3 years ago

"tencent" Discussed on WAFS Biz 1190

"Comes after four consecutive monthly drops alright so flying louis finally some good news coming out of europe but that's the only good story i've seen on their economy and quite some time tencent holdings there's been this has been a record year for ipl's i reported on this in my newsletter all the companies that have gone public that have used this interest high degree of interest in the stock market for floating shares doing secondary offerings doing convertible debt offerings but the ipo market has also been red hot while the biggest one of the year is coming chinese internet giant tencent holdings which i continue to own and my premier growth portfolio is looking to spinoff and list it's online music business seeking an initial public offering of two hundred and fifty billion dollars so that would be quite a quite a an ipo there on tencent holdings well peels a good investment well we have an ipo we have an ipo etf out there that tracks ipo's it certainly hasn't done very well since the beginning of the year and there's other ipo there's about four of them these are etf's that track that track the ipo market they've done very very poorly over time my stance on ipo's is you know i give them a year unless there's something very very exceptional i give them a year a good case in point would be facebook when facebook initially went public i said give it a year and let's see if he can prove let's see if our friend running facebook can prove that he can run a publicly traded company and what's happened since then earnings have been growing by a one hundred ten percent per year over the last five years after year one i decided that this guy knows out a run a publicly traded company he's proven himself and my app can't start giving rankings to companies until they've been public for at least three months preferably six months then i start getting rankings then we also started getting earnings track records which are very very important after about a year within a year of going public now having said that the average ipo this year's up about twenty two percent from its ipo price but in aggregate if you look at an etf then invest in nothing but ipl's i think it's up about four and a half percent year to date so also if you look at the long term track record of ipo's they have sorely underperformed the s and p five hundred so you know take it with a grain of salt my basic rule of thumb is give them one year after going public to assess whether or not there are a growth company like they prefer it to be are not this is bill gunderson it's the best stocks now radio hour.

louis tencent holdings ipl facebook bill gunderson europe one hundred ten percent fifty billion dollars twenty two percent three months five years six months one year
"tencent" Discussed on ESPN Chicago 1000 - WMVP

ESPN Chicago 1000 - WMVP

01:55 min | 3 years ago

"tencent" Discussed on ESPN Chicago 1000 - WMVP

"Our partners in china tencent tencent has the broadcast rights okay for game one at the end of the game in the last minute they had fifty one million streams going on about game wow we were we had our peak audience that time on abc with over twenty one million viewers that means just between china the united states mexico canada and not croatia whatever now mobile people watching illegally seventy million people saw jr screw up okay then on a micro scale okay let's say jr doesn't know that i i haven't told them i'll just leave that alone he walks into the arena the other night and they cheered for him and they chant yeah he is going to one of the most savage things i've heard in a long time by the way live with me he was seventy million people he made one of the mistakes of his life and his career his life spent a little complicated but it's show me the person who's going to come out of that just be a okay i mean they sort of made a joke that oh if anybody that can handle as jr because he's he's made a lot of mistakes but show me who's gonna come out of that and that's the tough one the footage of the huddle i had an opportunity to see at the day after but the footage of the huddle has now been is now out there and you could just tell because in that moment lebron knew that they had botched it and ideally that's situation lebron's going to rally the true but in that situation he knew that they had botched it and he knew they had an opportunity to take one that would change the tenor of the whole series he was aware of all of that in that second and it's hard for any team any player he come back from that listen i completely agree in even from a normal situation of a mistake but this one was so out of the realm that's people so many people are saying boy when that happened why isn't someone call a timeout wife and some are doing this i think because nobody expected jr to dribble the ball out and make that type of mistake so everybody was a little bit stunned at what went on again you can't forget.

tencent china united states croatia jr lebron abc mexico
"tencent" Discussed on Startup Financial News

Startup Financial News

01:59 min | 3 years ago

"tencent" Discussed on Startup Financial News

"Folks this is going to be a short episode on special programming this week but a short episode doesn't mean that it can't be one of the most impactful folks if if you missed that paragraph okay i'm going to read it to you again because it's that important quote the incessant dealmaking how ever that's ten cents incessant dealmaking continuous pace of dealmaking to startups be incessant dealmaking however has also drawn criticism from some market participants who say it is helping to inflate valuations of companies that aren't profitable shares of some tencent backed companies that went public too much initial fanfare have slumped in recent months after investors turned skeptical the company's profit generating prospects came in the leave it there folks i you starting to see the common tone that we have been developing last few months this is something that we predicted at the very beginning of the show and early episodes this folks are this this situation that's developing is the factual evidence that we needed to prove our theory early on that theory being with the startup economy in isn't isn't a lot of trouble because the incessant ridiculous amount of vce money that's flowing into companies that have no prospect for growth that have no chance at ever being profitable that have no chance of ever doing anything impactful but that do have a chance of continuously raising valuations because they because they have the right people on their sides that the system is not good for an economy an economy specifically one is fragile as the startup economy cannot last you know and we've gotten a lot of hate on this program seriously hate and the former couple of emails.

tencent
"tencent" Discussed on Startup Financial News

Startup Financial News

01:59 min | 3 years ago

"tencent" Discussed on Startup Financial News

"Folks this is going to be a short episode on special programming this week but a short episode doesn't mean that it can't be one of the most impactful folks if if you missed that paragraph okay i'm going to read it to you again because it's that important quote the incessant dealmaking how ever that's ten cents incessant dealmaking continuous pace of dealmaking to startups be incessant dealmaking however has also drawn criticism from some market participants who say it is helping to inflate valuations of companies that aren't profitable shares of some tencent backed companies that went public too much initial fanfare have slumped in recent months after investors turned skeptical the company's profit generating prospects came in the leave it there folks i you starting to see the common tone that we have been developing last few months this is something that we predicted at the very beginning of the show and early episodes this folks are this this situation that's developing is the factual evidence that we needed to prove our theory early on that theory being with the startup economy in isn't isn't a lot of trouble because the incessant ridiculous amount of vce money that's flowing into companies that have no prospect for growth that have no chance at ever being profitable that have no chance of ever doing anything impactful but that do have a chance of continuously raising valuations because they because they have the right people on their sides that the system is not good for an economy an economy specifically one is fragile as the startup economy cannot last you know and we've gotten a lot of hate on this program seriously hate and the former couple of emails.

tencent
"tencent" Discussed on Acquired

Acquired

01:51 min | 3 years ago

"tencent" Discussed on Acquired

"Yes tencent is a i think seven and a half percent shareholder of spotify they did a deal with tencent at the end of last year and a twenty seventeen where they essentially squat swapped equity stakes in spotify and with tencent music entertainment which is their spotify competitor in china and this spotify was never going to be able to watch china just like facebook and google heaven this is a way to get access to likewise tencent tencent music entertainment was not ever going to be dominant in the usa europe or the like this is the way to go global essentially for company so it makes sense that there'd be a lockup for for those well we're going to detect teams let's do it let's do it well mine in these ipo ones i want to broaden to sort of tech n investing theme this big the big one for me that that i think is the use your phrase that's been bandied about in the press a lot recently has been are we going to see more direct listings because you know if this can be a shift away from the sort of walled garden of wall street and paying the banker fees and you know having ingratiate yourself to that world which people have just railed on for you know a particularly silicon valley how dumb the processes i mean there's dekalb has done a lot of great interviews about how silly it felt to go do the exact same presentation eighty times on the road show and have to really be a dog and pony show and so to the extent where you know spotify can put up one stage presentation on that the video recorded and then everybody can just look at that and then they don't fly to new york and bring half the company and ring the gong and throw the parties and give the interviews like maybe this is the way of the future.

tencent spotify china facebook dekalb new york google usa
"tencent" Discussed on Motley Fool Money

Motley Fool Money

01:42 min | 3 years ago

"tencent" Discussed on Motley Fool Money

"We're we're kind of moving away in my opinion we're kind of moving backwards on that front a lot of the companies that are profiled in your film are small chinese companies that are understandably attractive for investors for number of reasons but ultimately they turn out to be frauds there are much bigger chinese companies and i'm thinking about alibaba by do right tencent are bigger companies like those three subject to more scrutiny and if so can we trust their numbers more well the guys in the number of the guys in the film talk about the opacity and complexity of alibaba accounting and they suggest that there that there's a lot to dig into their and it's too hard to understand what's going on and how they report their earnings and and how they report their revenue and they also point to the problem of the company being held in a v i e structure which means the shares are you don't if you own a share of say alibaba or any company in that structure vip structure here in the us you don't actually own a share that you could redeem in the same way as you would if you owned a share say general electric you own a a contract that entitles you to revenue based on something that resembles a share in the company in china and this has to do with a lot of the complex laws in china about limiting foreign ownership of communications firms have internet firms.

alibaba tencent us china