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insanityclause · 4 years ago

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In the ultimate symbol of one Hollywood era ending and another beginning, Metro-Goldwyn-Mayer, home to James Bond and Rocky, finally found a buyer willing to pay retail: Amazon.

The e-commerce giant said on Wednesday that it would acquire the 97-year-old film and television studio for $8.45 billion — or about 40 percent more than other prospective buyers, including Apple and Comcast, thought MGM was worth. The studio, which had been shopped around for months, was once home to “more stars than the heavens,” as Louis B. Mayer liked to brag. But its vast production lot and pre-1986 film library were sold off decades ago. (Sony Pictures now occupies the lot, and Warner Bros. owns classic MGM films like “Singin’ in the Rain,” “The Wizard of Oz,” and “Gone With the Wind.”)

MGM does come with one Hollywood crown jewel: James Bond.

But even 007 has an asterisk. Amazon will own only 50 percent of the spy franchise. The balance is held by Barbara Broccoli and her brother, Michael G. Wilson. The siblings also have ironclad creative control, deciding when to make a new Bond film, who should play the title role and whether television spinoffs get made. (They have blocked such efforts in the past.)

The 25th installment in the Bond series, “No Time to Die,” is scheduled for pandemic-delayed release in theaters on Oct. 8, with Universal Pictures handling overseas distribution.

So why did Amazon pay such a startling premium?

For starters, it can. The company has $71 billion in cash and a market capitalization of $1.64 trillion.

But Jeff Bezos, Amazon’s founder and chief executive, is known as a conservative buyer. The purchase of Whole Foods for $13.4 billion in 2017 was the biggest acquisition in Amazon’s history. Its next-largest deals — until MGM — were for Zappos ($1.2 billion, 2009) and the smart doorbell company Ring ($1.2 billion, 2018).

The Whole Foods deal was a major strategic change for the company, pushing it into new markets of groceries and physical stores, which it had largely avoided. MGM is more about augmenting a current strategy: Amazon most likely paid more than others thought MGM was worth because of its all-important Prime membership program.

In addition to paying Amazon $119 a year or $13 a month for free shipping and other perks — notably access to the Prime Video streaming service — households with Prime memberships typically spend $3,000 a year on Amazon. That is more than twice what households without the membership spend, according to Morgan Stanley. About 200 million people pay for Prime memberships.

“More and more Prime members are using video more often, spending more hours on there, so I think this is a way to add more content and more talent around movies,” said Brian Yarbrough, a senior analyst at Edward Jones.

“This isn’t one studio buying another,” he added. “If you’re Amazon, the perspective is what’s the potential for Prime membership, what is the potential for advertising.”

In buying MGM, Amazon is bolstering Prime Video at a time when the biggest old-line studios are becoming less willing to license their libraries to outside streaming services; Warner Bros., Walt Disney Studios and Paramount Pictures must now supply corporate siblings like HBO Max, Disney+ and Paramount+.

That shift has made independent film libraries more valuable. In recent weeks, Sony Pictures licensed its old films and TV shows to Netflix and Disney in deals valued at more than $3 billion, a sharp increase from the expiring licensing agreements. Sony does not have a streaming service, unless you count the game-oriented PlayStation Network.

Although its library is diminished, MGM still owns 4,000 older movies, including pre-1986 films that come from two MGM divisions, United Artists and Orion. Those movies include “Rocky,” “RoboCop,” “The Pink Panther,” “Silence of the Lambs” and the James Bond catalog. (Fun fact: In true Hollywood fashion, MGM’s roaring lion mascot is lip-syncing; a cranky tiger sounded more ferocious.)

In addition, MGM has several movies in its pipeline that could be Oscar contenders, including “Respect,” an Aretha Franklin biopic starring Jennifer Hudson; Ridley Scott’s “House of Gucci,” starring Lady Gaga and Adam Driver; and Paul Thomas Anderson’s latest project, which stars Bradley Cooper in his first film since “A Star is Born.”

Amazon’s appetite for movies became ravenous during the pandemic. It paid $125 million for the rights to “Coming 2 America,” $80 million for “Borat Subsequent Moviefilm,” and $200 million for “The Tomorrow War,” a Chris Pratt adventure that will arrive on Prime on July 2. Amazon also has Oscar ambitions, buying the rights to “Sound of Metal,” which was nominated for best picture and other top awards at the most recent ceremony.

When it comes to making its own hit films, Amazon has long struggled. MGM managers could help: Michael De Luca, MGM’s movie chairman, has a track record that includes, at various companies, the “Rush Hour,” “Austin Powers” and “Fifty Shades of Grey” franchises.

MGM also has a television studio that makes “Vikings,” “The Handmaid’s Tale” and various “Real Housewives” shows. In 2014, MGM acquired Mark Burnett’s production company, One Three Media, which holds rights to competition series like “The Voice,” “Survivor” and “Shark Tank.” Mr. Burnett, a contentious figure in Hollywood because he helped shape Donald J. Trump’s image with “The Apprentice” and remained close to him during his divisive presidential term, serves as MGM’s television chairman.

Anchorage Capital, a New York investment firm, has been the majority owner of MGM for more than a decade. Before that, MGM was tossed between owners and, bitten by falling DVD revenue, eventually ending up in bankruptcy. It was worth about $2 billion in 2010, according to analysts.

Kevin Ulrich, Anchorage’s chief executive and MGM’s chairman, formally put the studio on the block late last year. Anchorage has been under pressure from various stakeholders to exit the investment, with some agitators complaining that Mr. Ulrich was overly enamored with Hollywood and should have sold years ago.

The end of MGM as a stand-alone company adds to a vast reshaping of the media business as the big seek to compete by getting even bigger. Last week, AT&T announced a deal to spin off its WarnerMedia group and combine it with Discovery Inc., a move meant to strengthen WarnerMedia’s struggling HBO Max streaming service and a nascent streaming platform owned by Discovery. In a counterattack against the tech companies that have aggressively moved into Hollywood over the last decade, Disney paid $71.3 billion for the bulk of Rupert Murdoch’s entertainment assets in 2019.

Such megadeals have left smaller studios like MGM, Lionsgate and STX Entertainment looking for lifelines. (STX, known for comedies like “Hustlers” and “Bad Moms,” merged with the Bollywood studio Eros International last summer.)

#Amazon #James Bond #The Apprentice #Jeff Bezos

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tajmadouble · 7 years ago

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Vusi Thembekwayo

Vusi Thembekwayo is world renowned South African entrepreneur, public speaker and venture capitalist. He was born on the 21st March 1985 in Benoni on the East Rand of Gauteng Province, South Africa. Vusi is best known as one of the ‘dragons’ in the South African version of Dragons Den. Dragons Den was a DSTV Mzansi Magic reality show in which entrepreneurs pitched their ideas to a group of investors with hopes for investment in their businesses. Vusi Thembekwayo has invested in many business and is regarded as one of the richest South Africans under the age of 35.

Contents

1Early life

2)Career

3)Career early 2010's

4)Awards

5)Television

6)Endorsments

7)References

8External links

9Vusi Thembekwayo

Early life

[2]Coming from an ordinary background, Vusi was not born with a silver spoon in his mouth. Life was difficult at times for him, but he managed to get a good primary and secondary education. Upon completion of his matric, he enrolled at university but dropped out in his first year due to financial constraints. This did not deter him though, but actually made him make other plans. He started looking for a job in shopping malls in the East Rand of Johannesburg in shops and any other potential place of employment. This proved to be a fruitless exercise. Perhaps it was due to fate because he soon continued with his borne oratory skills. He was good in talking in public and convincing people and would use that to his advantage in the years to follow. Having realised the difficulty of find a job, he then used this personality trait coupled with his international networks (acquired through public speaking in previous years) and mobile phones to his financial advantage. He started recruiting apprentices in South Africa for jobs based in England and Australia. This initiative led to the creation of his first company called Global Professionals South Africa, which then created a global recruitment agency which he operated from the comfort of the four walls of his bedroom.

Vusi then sold part of his business to a digital agency based in Johannesburg to digitize the business. Too early for the digital revolution and with poorly chosen partners, Vusi quickly left the company and the money. But at the age of 22, Vusi had the opportunity to change his life: he was offered a position in a corporate finance company. Here, he refined his skills in corporate finance and became one of the finance lever guys in the team. He combined his financial skills with public speaking and after a commitment to speak, he moved away from the event with a job offer. Vusi became an executive at Metro Cash and Carry, one of Africa’s largest consumer goods companies, where he started, developed and managed a multi-million dollar (40 million Rand) portfolio.

Regardless of his status quo, Vusi never really stopped learning, in 2009, he completed the Advanced Management Program at Commerce Wits University. Later, he joined the University of Pretoria GIBS and learned modeling and financial evaluation techniques. In addition, he studied corporate finance and business administration with honors (from the University of Pretoria). Recently, Vusi completed his Executive MBA in Business Administration (MBA) from Hult Business School.

Personal Life

[2]Save for his busy schedule, Vusi Thembekwayo is a family man and this fact was verified with his union with a woman who Vusi prefers to keep private and personal. According to reports, he is blessed with a son and his marriage has been out of the limelight since he got married in 2009 as it has been controversy-free so far.

Career

His early business world mistake was selling a portion of the recruiting company to another that would digitize it led to a huge financial loss because of unfavorable conditions, Vusi forged ahead to work in a corporate finance company as highlighted in his early life section, he fine-tuned and added to his corporate skills knowledge.

Vusi has inspired millions of people with his wits over the long span of his oratory and business career. As a gifted speaker, he has been invited to speak by people from 21 countries around the world, including people from New York, Paris, England, Rio de Janeiro, Dar es Salaam, Lagos, Jersey, Buenos Aires, Kampala, San Francisco, Colombo, and Nairobi.

As a venture capitalist, Vusi has invested his wealth in many listed companies. His biography is inspiring for anyone interested in the business and management sectors.

Vusi recently sold a majority stake in his Motiv8 management consulting business to US partners in a multi-million rand transaction and used part of the proceeds to launch MyGrowthFund, a venture capital firm launched to create and develop entrepreneurs. financing in the rural sector and the markets of the South African municipality. By 2030, Thembekwayo hopes to have created 300 sustainable black businesses by finding and caring for high-growth African-American entrepreneurs through funding, incubation and development platforms plus business development. As part of MyGrowthFund, Vusi Thembekwayo has just launched # Top40, a mentorship program that will enable 40 high-growth companies that provide 1 million rand, through an 18-month mentorship program to expand their business and move to higher level

One of the highlights of his career was actually getting an invitation to address the British House of Common and the World Bank. As part of his inspiration tour in the year 2013 & 2017, he hosted a show in Las Vegas and it was a massive success as the show was sold-out.

]

Career early 2010's[edit]

[4]2013-FOUNDED MOTIV8

[1]2013-APPOINTED NON-EXECUTIVE DIRECTOR RBA HOLDINGS LTD

[1]2013-INVITED SPEAKER AT THE WORLD BANK

[1]2012-FUNDED & CO-FOUNDED SPEAKERS BOOTCAMP

[1]2011-CO-FOUNDED WATERMARK CAPITAL PARTNERS

[1]2011-ENTREPRENEUR OF THE YEAR, FINALIST

[5]2010-NEW BUSINESS DIVISION, METCASH GROUP

[6]2010-APPOINTED DIRECTOR OF METCASH GROUP

[1]2009-DISTINCTION WITH CUM LAUDE

Awards[edit]

Worlds Best Speaker, English Speaking Union

Television[edit]

[7]Dragons’ Den South Africa – premiering on Mzansi Magic on Tuesday 23 September at 19:00 with dragons Lebo Gunguluza, Vusi Thembekwayo, Polo Leteka Radebe, Gil Oved and Vinny Lingham - wrapped up the filming on Monday at 12:00.

Thembekwayo, a business speaker who was the youngest ever JSE director in South Africa, said the experience fundamentally altered his viewpoint of South African entrepreneurs.

“I drove straight back to my office, sat down and reflected on the process,” Thembekwayo told Fin24, fresh from the Den. "We always seem to focus on what is different about each other, but listening to entrepreneurs from different backgrounds, races and levels of education left me inspired that we have so much in common. It was a fantastic look at the South African kaleidoscope.”

[8]Vusi also starred in One Day Leader - Season 1 [9]One day Leader is a reality format that aims to identify and develop young leaders, between the ages of 18 and 25, while engaging the public and creating awareness around critical social and economic issues. For South Africa to reach its developmental goals, and address its many social issues, it will need strong leadership: not only now, but well into the future.

The idea behind One Day Leader is not to criticize current leaders or forms of leadership. Instead the show aims to encourage young and bright minds to come up with innovative ways of addressing issues, while exposing them to the kinds of challenges and difficulties leaders are faced with

Endorsments[edit]

2015 – 2017: Executive MBA (Dean’s List), Business/ Managerial Economics from Ashridge Executive Education, Hult International Business School.

2010 – 2012: Corporate Finance (emphasis on Advanced Valuation),Financial Modelling and Valuations (Cum Laude) from INSEAD

2010 – 2011: Post Graduate Diploma in Business Administration, Post Graduate of Business Administration from Gordon Institute of Business Science.

[1]2008 – 2009: Management Advanced Programme (Cum Laude), Commerce from the University of the Witwatersrand.

References

(September 2018)

(Learn how and when to remove this template message)

"About - Vusi Thembekwayo". Vusi Thembekwayo. Retrieved 2018-10-31.

"Vusi Thembekwayo Biography, Age, Net-Worth, Wife - SA Entrepreneurs". SA Entrepreneurs. 2018-02-09. Retrieved 2018-10-31.

Jump up^ "Vusi Thembekwayo | TVSA". www.tvsa.co.za. Retrieved 2018-09-28.

Jump up^ "About - Vusi Thembekwayo". Vusi Thembekwayo. Retrieved 2018-09-28.

Jump up^ "About - Vusi Thembekwayo". Vusi Thembekwayo. Retrieved 2018-10-31.

Jump up^ "About - Vusi Thembekwayo". Vusi Thembekwayo. |access-date= requires |url= (help)

Jump up^ "Vusi Thembekwayo: Being a dragon changed my life". Fin24. Retrieved 2018-10-31.

Jump up^ "Will the real youth leaders please stand up". Retrieved 2018-10-31.

Jump up^ Yarborough, J. Preston (2006-03-31). "Issues & observations: Leaders who encourage get their mojo working". Leadership in Action. 25 (6): 17–19. doi:10.1002/lia.1143. ISSN 1093-6092.

External links

Wikiquote has quotations related to:

Vusi Thembekwayo

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Public speaking

Vusi Thembekwayo

[1] TVSA

Dragons den

One day leader

Category:Politics Category:Political science

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orbemnews · 4 years ago

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Gucci is Staying in Trump Tower The day President Biden and Vice President Kamala Harris were inaugurated in Washington, D.C., Melania and Donald Trump stepped off Air Force One in South Florida, bound for the confines of the Mar-a-Lago Club in Palm Beach. He wore a typically boxy suit of indeterminate origin. She wore an orange and blue, boldly patterned $3,700 Gucci caftan that came with as much symbolism as the famous “I really don’t care, do u” jacket she put on back in 2018 on a trip to visit children at a border detention center in Texas. With its relaxed lines and orange hexagons recalling a David Hicks carpet, the new dress telegraphed the idea that Mrs. Trump was entering into a new role as a person of leisure, seemingly without a care. It also was a worldwide advertisement, unwitting or not, for a brand that has substantial ties to the Trump business. For the past 14 years, Gucci has leased 48,667 feet at the base of Trump Tower in Midtown Manhattan, making it the building’s biggest commercial tenant. Other companies that leased space with the Trumps have downsized their spaces or not renewed their leases. One is Nike, which in 2018 shut down its Niketown location at 6 East 57th Street — a building around the corner from Trump Tower that the Trump Organization has a 100-year ground lease on — and opened a new flagship, the so-called House of Innovation, five blocks south. (A spokeswoman for Nike then declined to address to Forbes whether the move was political.) In 2019, the Industrial and Commercial Bank of China decreased its presence in Trump Tower. Tiffany, which temporarily took over the Niketown space in 2018 while its flagship was being renovated, is not renewing its lease next year, Bloomberg recently reported. But in 2020, Gucci renegotiated and extended its lease, according to two people with knowledge of the deal, both of whom requested their names not be used because they are not authorized to speak about it. The luxury company received a reduction in rent in exchange for agreeing to extend its lease beyond 2026. Trump Tower got to keep a highly desirable tenant: a brand that has boomed since the designer Alessandro Michele took over creative direction in 2015, whose presence in the building helps counter the idea that its namesake is nothing more than a “poor person’s idea of a rich person,” in the words of Fran Lebowitz. The players involved, however, are not talking about it publicly. Four days after receiving a detailed list of questions about the deal, a representative for Gucci called to say that a statement was on its way within the hour. A little more than an hour later, the representative called back to say the statement would not actually be arriving after all. The Trump Organization did not respond to two requests for comment. One possible reason: According to the person who has seen the new lease, Gucci required people at the Trump Organization to sign confidentiality agreements regarding its terms. Still, the deal was worth it to the Trumps for reasons that extend beyond symbolism. Numerous luxury brands occupying prime Manhattan retail spaces have renegotiated leases during the coronavirus pandemic as foot traffic dropped off. Others have simply subleased their spaces. That was what Ralph Lauren did at its Fifth Avenue location last November, renting 28,300 square feet to the fast fashion retailer Mango for what the Real Deal reported was $5 million — which is $22 million less than Ralph Lauren pays for it. In recent years, revenue from “The Apprentice,” Mr. Trump’s former reality show on NBC, dried up. Debt payments across the Trump business are coming due. That has turned the retail space in and around Trump Tower into a lifeline, becoming what Susanne Craig and Russ Buettner wrote in The New York Times last January is likely his empire’s most dependable and “greatest long-term money producer.” A filing with the Securities and Exchange Commission in 2012 related to the Trump Organization’s finances described Gucci as taking a 20-year lease back in 2006. Gucci paid $384.40 per square foot each month in rent. This amounts to an annual base rate of $18.7 million and accounts for about two-thirds of the total $29.53 million the Trump Organization earns annually from its commercial tenants there, according to the filing. Gucci’s discretion notwithstanding, it’s far from clear that news of the renegotiation might affect sales. The fashion industry tends to be politically liberal, but sometimes business is just business and aesthetics outweigh politics. Oscar de la Renta bounced between first ladies with diametrically opposed worldviews. James Galanos pledged his allegiance to Nancy Reagan despite the catastrophic neglect of AIDS by her husband’s administration. In 2019, Bernard Arnault, whose company LVMH owns Tiffany, was joined by Mr. Trump at a Louis Vuitton factory in Texas and posed with him for photographs. But Mr. Trump’s divisive behavior, especially since the pandemic began and the election, has bolstered the resolve of activists denouncing him. Brands are more sensitive than ever to the threat of boycotts. Companies including Nike and Twitter have aligned themselves with the Black Lives Matter movement. The latest incarnation of Gucci was more racially inclusive than most high-end fashion brands. Shortly after Mr. Michele became its lead designer and began doing away with an haute and self-consciously snobby aesthetic for an ironic, referential style that could perhaps be described as Etsy Luxe, the company did an ad campaign with all Black models. But it has also misstepped. In 2017, it was called out for releasing a jacket that looked remarkably like one designed decades before by Dapper Dan, a.k.a. Daniel Day, a Black couturier in Harlem. In response, the brand reached out to him, placing him in an ad for its men’s tailoring and collaborating with him on a luxury boutique. Soon after, it announced an initiative called Gucci Equilibrium, intended in part to improve diversity and inclusion in the company. But in 2019, Gucci pulled an $890 sweater criticized for evoking blackface from the market. And its leadership team, along with that of its parent company, Kering, remains dominated by white men (Kering does have one Black board member). Although the decision by Gucci executives to renew the lease at 725 Fifth Avenue came before protesters with confederate flags stormed the Capitol back in January, Mr. Trump’s associations with white supremacists was hardly unknown in 2020, said Kailee Scales. Ms. Scales is the former managing director of the Black Lives Matter Global Network and a principal at ThnkFree Global Strategies, a boutique company that guides brands such as Amazon and Sprite on marketing strategies involving social justice issues. “This is a time,” she said, “where brands, organizations and individuals around the world are reckoning with racial equity and working to address and dismantle the systems that led us to witness one of the most horrifying moments in history — the murder of George Floyd.” Consequently, she said, it was “an odd choice” for Gucci to continue to intrinsically link itself to a man who has “blatantly refused to disavow white supremacy” and “built political equity by promoting racist birther conspiracy theories.” Ms. Scales’s opinion was shared by Shannon Coulter, who started the “Grab Your Wallet” campaign, which organized boycotts against SoulCycle and New Balance after people with ownership stakes at those companies donated substantial sums of money to Mr. Trump’s campaigns. In an interview, Ms. Coulter said that she had intentionally left Gucci and Nike off the boycott list. “We were pretty generous because we knew they had signed leases before his campaign,” she said. The decision by Gucci to renew in 2020 was something altogether different. “It’s disgusting,” she said. “They are essentially doing business with a white supremacist. That’s what that decision means.” Still, few people directly involved with the fashion world seem eager to address the possible controversy. Editors such as Samira Nasr of Harper’s Bazaar, Nina Garcia of Elle and Anna Wintour of Vogue have positioned themselves as stewards of racial justice. But they also rely on Gucci for advertising. Representatives for them all declined to comment. Mr. Day did not respond to a request for comment. Jeremy O. Harris, the author of “Slave Play,” has had a contractual relationship with the house since November 2020. In general, such arrangements involve wearing a brand’s clothes at public appearances and getting to keep them afterward. “I take a lot of pride in my relationship with them, having met the people and seen how they really listen and are trying to change,” he said in an interview last Friday. And “while there are few real estate moguls who have risen to the level of semi-fascist leader like Trump, from what I do know, they are pretty much all deeply compromised people.” Still, Mr. Harris acknowledged, “this is complicated.” Luckily, he added, “I really only go to the Wooster Street store.” Ben Protess and Vanessa Friedman contributed reporting. Source link Orbem News #Gucci #staying #tower #Trump

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bigyack-com · 5 years ago

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E. Jean Carroll Says Elle Magazine Fired Her After Trump Rape Accusation

E. Jean Carroll, the longtime Elle magazine advice columnist who last year accused Donald J. Trump of raping her before he was elected president, said on Tuesday that she was fired by the publication because of Mr. Trump’s repeated insults against her.Ms. Carroll, the author of the “Ask E. Jean” column, announced her departure from the magazine on Twitter and blamed it on Mr. Trump, who she said had sexually assaulted her in a dressing room at an upscale New York department store more than 20 years ago.Mr. Trump has repeatedly denied Ms. Carroll’s accusation.“Because Trump ridiculed my reputation, laughed at my looks, & dragged me through the mud, after 26 years, ELLE fired me,” Ms. Carroll wrote on Twitter. “I don’t blame Elle. It was the great honor of my life writing ‘Ask E. Jean.’”Ms. Carroll sued Mr. Trump for defamation in New York State Court in November, saying that Mr. Trump had damaged her reputation and her career when he denied her allegation last June and called her a liar.In a court filing in that lawsuit on Tuesday, Ms. Carroll’s lawyer, Roberta Kaplan, included an email dated Dec. 11 to Ms. Carroll from Erin Hobday, the executive managing editor of Elle. In the email, Ms. Hobday confirmed they were terminating Ms. Carroll and would pay her for the remaining five columns in her contract.“We and your readers so appreciate your many years of work for the magazine, and the wonderful columns you contributed to our publication,” Ms. Hobday wrote, adding: “We will miss you tremendously.”The last “Ask E. Jean” column on Elle magazine’s website is dated Nov. 22.Hearst, which publishes Elle, did not respond to a request for comment. A lawyer for Mr. Trump also did not respond to a request.Ms. Carroll, 76, said Mr. Trump threw her up against a wall and forced himself on her in a fitting room at Bergdorf Goodman in Manhattan in the mid-1990s.The episode took place in late 1995 or early 1996, according to Ms. Carroll, who has said that Mr. Trump asked her to model lingerie that he was considering buying. At the time, Mr. Trump was married to his second wife, Marla Maples.Ms. Carroll’s announcement on Twitter that she was no longer working for Elle came the same day that her lawyer moved to block a request by Mr. Trump that her suit be delayed until a second, similar suit is resolved — something that may not happen until after the presidential election in November.Ms. Kaplan said the president was using questionable tactics to dodge her requests for discovery and a DNA sample that she says may help her case.“Nothing in Trump’s extensive history of personal litigation during his presidency supports his bald assertion that discovery into whether he lied about raping Carroll will harm the national interest,” Ms. Kaplan said in a filing in State Supreme Court in Manhattan.Mr. Trump’s lawyers have argued that Ms. Carroll’s suit should be postponed until New York’s highest court, the Court of Appeals, rules on a question at issue in the second suit: whether a sitting president can be sued.Ms. Carroll first discussed the sexual assault allegation in an excerpt from her 2019 book, “What Do We Need Men For?”, that was published in New York magazine. She said in an interview on CNN that Mr. Trump threw her up against a wall so hard that “I hit my head really hard — boom.” She said that she tried to fight back against Mr. Trump’s violent advances.At the time Ms. Carroll’s account was published, Mr. Trump asserted during an interview with The Hill, a Capitol Hill news outlet, that he would not have assaulted her because “she’s not my type.”“I’ll say it with great respect,” Mr. Trump said. “No. 1, she’s not my type. No. 2, it never happened. It never happened, OK?”Mr. Trump insisted that he never met Ms. Carroll, but the two were photographed together at a party in 1987 with Ms. Carroll’s former husband, John Johnson. Mr. Trump later said that the image was misleading. He labeled Ms. Carroll as a liar who was trying to sell a book.“Standing with my coat on in a line?” Mr. Trump said in June. “Give me a break — with my back to the camera? I have no idea who she is.”New York’s Appellate Division ruled last year that the second defamation suit against Mr. Trump, which was filed by Summer Zervos, a former contestant on Mr. Trump’s television show, “The Apprentice,” could proceed.The Appellate Division later said that the Court of Appeals should determine whether Mr. Trump was entitled to the immunity he has asserted.Like Ms. Carroll, Ms. Zervos has accused Mr. Trump of assaulting her before he became president, and of defaming her by branding her a liar.If Mr. Trump fails in his effort to suspend Ms. Carroll’s suit until Ms. Zervos’s suit is resolved, he may be required to submit a DNA sample, according to court filings.In a letter to Mr. Trump’s lawyers last month, Ms. Carroll said that she believed Mr. Trump’s DNA could match genetic material found on the dress that she says she was wearing the day of the alleged attack and has kept since then. Read the full article

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shirlleycoyle · 6 years ago

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The First iPhone Was a Landline

A version of this post originally appeared on Tedium, a twice-weekly newsletter that hunts for the end of the long tail.

Phone lines, while not initially designed to transfer binary data, turned out to be a good enough way to do so—at least until the 2000s, that is.

From sending faxes to browsing the internet, people relied on effectively the same copper wires they used with Ma Bell-leased telephones.

While most of the personal tech evolved towards greater connectivity, landline phones mostly got better only at the ergonomics of calling and dialing.

But a few dared to be smarter—decades before smartphones found their way into our pocket.

Let’s talk about the evolution of the landline smartphone.

“Man-to-man, man-to-machine, machine-to-machine. In a short time, we’ve come a long way.”

– A line from “Challenges of Change,” a 1961 promotional movie from AT&T. Filmed on a height of Space Age anticipation, it shows “Data-Phones”—essentially, modems which could transmit data from punched cards, tapes, or even handwritten notes.

The earliest visions of smartphones didn’t anticipate that we wouldn’t communicate with our our voices

The AT&T video, filled with otherworldly visual effects, is delightful to anyone with an interest in history. At the same time, it shows why landline phones did not become the interactive mediums that smartphones later did.

While the narrator talked about changes in communication, scenarios from the movie showed data exchanges at best, as all meaningful interactions were done by voice and between humans. For example, before loading a punched card, a Data-Phone operator had to chat with the person on the other end of the line. Even in the age of rocket deliveries, shopping over a credit card-enabled videophone would be done by talking to a manager, as if one would in a retail store.

Admittedly, Bell engineers envisioned the future where people would only need to use the keypad to communicate with the source over a phone. A year later, Touch-Tone phones were presented to the U.S. public. While the speed of dialing was what AT&T promoted to customers, the DTMF (Dual-tone multi-frequency, informally known as “touch-tone”) signals generated by buttons allowed for menu navigation still used today.

Image: Gillfoto/Wikimedia Commons

How the United Kingdom failed to start an online revolution

By 1970, additional buttons on each side of a zero competed the 12-button keypad. Twelve buttons were what the UK Post Office had to rely on while developing Prestel, a nationwide service which let people use interactive services on a home video terminal.

Looking back, if there is one thing the UK engineers in the 1970s were fascinated with, it’s putting text on TV screens. In the United States, there wasn’t any notable progress in this field between a TV Typewriter electronic kit and the advent of home computers. The British, on the other hand, went straight towards transferring news, financial data, and TV guides—long before the booming popularity of the Internet, developing two coexisting ways to broadcast text.

One of these technologies, teletext, still lingers to this day across Europe. The text data, complete with color and pseudographics, is being broadcast alongside a TV signal—literally stuffed in between video frames. By design of the aerial transmission, teletext provides no interactivity, leaving the user to flip between different “pages” and occasionally revealing hidden text (the latter was mostly used to hide quiz answers).

Using a phone line instead allowed for higher transfer rate, more personalization (and billing for premium pages) and the ability to run remote software. Over several years since the mass introduction in 1979, Prestel accumulated several online banking, shopping, and booking offerings—even before the home computer boom which pushed operators to add software downloads and games.

Prestel used phone lines and required a phone-like keypad for navigation—surely, it was a fitting technology to build phones of the future around. That didn’t happen on a scale required to ensure Prestel’s success. Instead, the Post Office bet on marrying the network with TV—by offering not even set-top boxes, but Prestel-enabled TVs, priced at £650 at the very least. By contrast, France Télécom leased terminals for their similar Télétel network for free, making Minitel popular enough that it survived until 2012.

Executel. Image: Internet Archive

There was just a single Prestel phone—but boy, what a device it was. A wide unit with a small CRT screen and a QWERTY keyboard, STC Executel was an “intelligent display telephone” which combined voice and text communications with almost every productivity feature of its era.

The 1984 ad touted contacts book, calendar, ability to take notes and a “£500,000 in a national advertising campaign directed at top executives.” Being essentially an Intel 8085-based computer, it stored its software on a dictaphone cassette and could connect to a “secretarial unit” which allowed updating the data from another desk.

Just 10,000 Executel devices were sold, according to the designer David Leers. Only five thousand of them were sold, with the rest repurposed.

What might have saved Executel from being completely forgotten is its sleek, modern look.

Several Executels found their way in industrial design museums, although the plastics used for the keyboard turned out to be prone to yellowing. Just last week, one appeared on the YouTube channel Techmoan.

Image: Compass Design

The most advanced landline phone of 1998 was literally called “iPhone”

A British oddity, Executel was simply unknown stateside. Still, the idea of a “computer phone” was a part of the social consciousness, and the manufacturers have toyed with it—if only by exploring. One of the most well-known prototypes was made by Apple by 1984. The “MacPhone” concept had a touchscreen for sending notes and signing checks, but, like other projects by Hartmut Esslinger, was only meant for finding new design elements.

But in the 1990s, the rising popularity of the Internet, a desire for a “post-PC” device and plain old technical progress paved the way for household devices which were meant to connect to the phone line. These so-called “Internet appliances” were promising easy Web and email access in a device which supposed to be as easy-to-use as TVs, music centers … or phones.

But while most IAs were simply low-end computers with a handset on top of it (I’m looking at you, Intel Dot.Station), there was just one which could actually replace a landline phone. And yes, it was actually called the iPhone.

Released in 1997, the original iPhone was made by InfoGear, a startup made from one of the National Semiconductor labs. Despite its big, full-VGA touchscreen and a slide-out keyboard, it looked like a contemporary phone. But on top of making calls, it could work with email and “full” versions of web sites—a feat achieved by off-loading some of the computational power to InfoGear servers.

It isn’t even the name or the web capabilities which made one think of the Apple iPhone, but the way all features were integrated. Just like on modern mobile phones, it was possible to dial a number from a web page by tapping it. The InfoGear’s phone did not only have a voicemail, but could transcribe the incoming messages to text.

While the phone made the international headlines, it was eventually forgotten alongside with the rest of the IA market—especially when InfoGear was bought by Cisco. The story took another turn when Apple released its iPhone—Cisco sued them for trademark infringement. Eventually, the two companies came to an out-of-court settlement.

(It wasn’t the last time Apple and Cisco discussed trademark issues. The iOS name, in fact, belongs to Cisco and is licensed to Apple—and might be the reason the latter doesn’t want people to use the phrase “iOS devices.”)

Alan Sugar hosts The Apprentice in the United Kingdom. Image: Getty Images

A British lord asked all users of his “superphone” to harass a journalist

To people focused solely on computing history, Alan Sugar is a businessman whose Amstrad micros and ZX Spectrum models contributed heavily to the UK home computer industry.

But to everyone else, he is a bigoted, homophobic billionaire in power who keeps his domestic relevance by hosting a TV show originally presented in the U.S. by Donald Trump.

And by the year 2000, his company had lost all that goodwill by releasing products that few people wanted. The PenPad PDA was slow, bulky and had a deteriorating rubber shell; the PcW16 desktop computer had a black-and-white screen and a processor from 1976 despite being released in 1995; the GX4000 game console was just a reason to sell cassette computer games on cartridges for a higher price. Eventually, Amstrad spun off its computing division and focused all its resources on Betacom, a communication company it had acquired. The result was Amstrad E-m@iler, the last attempt to push an Internet-connected landline phone to the mass market.

The Amstrad E-m@iler. Image: philgyford/Flickr.

As a piece of hardware, it wasn’t much different from the InfoGear iPhone. What set it apart was the business model: instead of offering a monthly fee, Amstrad made the E-m@iler operate exclusively through a premium-rate phone number—and put another fee on top. “Sure, if I was organized and could send a day’s worth of emails and SMS messages in one sitting then the prospect of paying 12p for a single session online (plus the cost of the phone call) would be a small price to pay. But I’m not. And I can’t,” noted Tim Richardson of The Register in their 20002 review of a revised E-m@ailer Plus.

Later models of E-m@iler, like the 2004 E3 Superphone, added new features and new ways to get as much profit per user as possible. The ability to play ZX Spectrum games was added, although it was only possible to rent them—again, with paying per call and per service at the same time. The new color screen was used to display ads, with the phone periodically dialing home to download new banners (thankfully, on a toll-free number).

In 2011, the year Amstrad E-m@iler services were shut down, Sugar admitted that “it was slightly too late,” but noted that the subsidized lineup eventually recouped all the costs with services.

He definitely was not as accepting in 2001, though, when he noticed E-m@iler in the list of “techno-flops” in The Independent. The mild criticism (“not proving the success that Sir Alan Sugar had hoped” was all that was ever written about the phone) pushed Sugar to send a message to all 95,000 service subscribers, asking them to send an email to Charles Arthur, the newspaper’s tech editor.

“It occurred to me that I should send an email to Mr. Charles Arthur telling him what a load of twaddle he is talking. If you feel the same as me and really love your e-mailer, why don’t you let him know your feelings by sending him an email,” he wrote in a letter with Mr. Arthur’s address attached.

While the journalist had to cope with more than 1,300 letters—none of which were written by Sugar himself—some of them, eventually published online, exposed hardware faults, annoying bugs, and a helpline being directed to a premium-rate number.

“With this device we can charge advertisers, say, 10p for each customer to receive an ad they will see all day, and charge the advertisers £10 whenever a customer calls them by pressing the ‘services button.’ Or it may be that we give them the ad—free but they pay £25 whenever somebody calls—it’s a no-brainer.”

– Alan Sugar, positioning the E-m@iler as an “electronic billboard” to the readers of Marketing Week. Even considering that Internet phones were not as widespread as PCs, the ballpark cost per click sounds insane. However, as we’ve seen in the past, no one really knew by then how much web advertising should cost.

When asked to reflect on the 1997 iPhone, Robert Ackerman, a venture capitalist who pushed for the independence of InfoGear, said: “We were early into the marketplace. Ten years later, a very different story.” By contrast, Alan Sugar said he was ten years too late—and God knows which decade would be right for the Executel.

The world seemed to be fine with landline phones staying in their lane. But I can’t help but wonder how they would have evolved if the phone industry wasn’t controlled by the Bell System, the Post Office, or other nationwide monopolies. The original telecommunication industry, in my opinion, would have envisioned the connected world differently, based on the phone network paradigms rather than mainframe-terminal ones. Instead, manufacturers had to find faults in a PC-dominated world to make the case for their devices.

Smart landline phones still exist. Some VoIP (voice over internet protocol) and SIP (session initiation protocol) systems for business—arguably the only purchasers of landlines in 2019—are not only using the Web as an infrastructure, but can open web sites and use Android apps. But I think, when it comes to elegance, they pale in comparison to a device I noticed in Moscow Apple Museum.

After licensing the Newton technology from Apple, Siemens made the NotePhone, their own spin on the original MessagePad PDA. When used by itself, it’s functionally indistinguishable from the Apple device. What makes it special is the base with a handset which added phone and fax capabilities. Even back then, mobile computer expansions were nothing new, but this one seems like an integral part of the device while managing to be self-sufficient.

Maybe, instead of being either “smart” or “dumb,” landlines should have been more elegant in their connection to the world of computers.

Yuri Litvinenko is a trade journalist from Russia. When not covering the dairy industry, he spends time being fascinated by legacy technology, both “retro” and gadgets approaching retro status.

The First iPhone Was a Landline syndicated from https://triviaqaweb.wordpress.com/feed/

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mastcomm · 5 years ago

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E. Jean Carroll Says Elle Magazine Fired Her After Trump Rape Accusation

E. Jean Carroll, the longtime Elle magazine advice columnist who last year accused Donald J. Trump of raping her before he was president, said on Tuesday that she was fired by the publication because of Mr. Trump’s repeated insults against her.

Ms. Carroll, the author of the “Ask E. Jean” column, announced her departure from the magazine on Twitter and blamed it on Mr. Trump, who she said had sexually assaulted her in a dressing room at an upscale New York department store more than 20 years ago.

Mr. Trump has repeatedly denied Ms. Carroll’s accusation.

“Because Trump ridiculed my reputation, laughed at my looks, & dragged me through the mud, after 26 years, ELLE fired me,” Ms. Carroll wrote on Twitter. “I don’t blame Elle. It was the great honor of my life writing ‘Ask E. Jean.’”

In a court filing on Tuesday, Ms. Carroll’s lawyer, Roberta Kaplan, included an email dated Dec. 11 to Ms. Carroll from Erin Hobday, the executive managing editor of Elle. In the email, Ms. Hobday confirmed they were terminating Ms. Carroll and would pay her for the remaining five columns in her contract.

“We and your readers so appreciate your many years of work for the magazine, and the wonderful columns you contributed to our publication,” Ms. Hobday wrote, adding: “We will miss you tremendously.”

Hearst, which publishes Elle, did not respond to a request for comment. A lawyer for Mr. Trump also did not immediately respond to a request.

In November, Ms. Carroll sued Mr. Trump for defamation in New York State Court, saying that Mr. Trump had damaged her reputation and her career when he denied her allegation last June and called her a liar. The last “Ask E. Jean” column on Elle magazine’s website is dated Nov 22.

Ms. Carroll, 76, said Mr. Trump threw her up against a wall and forced himself on her in a fitting room at Bergdorf Goodman in Manhattan in the mid-1990s.

The episode took place in late 1995 or early 1996, according to Ms. Carroll, who has said that Mr. Trump asked her to model lingerie that he was considering buying. At the time, Mr. Trump was married to his second wife, Marla Maples.

Ms. Carroll’s announcement on Twitter that she was no longer working for Elle came the same day that her lawyer moved to block a request by Mr. Trump that her suit be delayed until a second, similar suit is resolved — something that may not happen until after the presidential election in November.

Ms. Kaplan said the president was using questionable tactics to dodge her requests for discovery and a DNA sample that she says may help her case.

“Nothing in Trump’s extensive history of personal litigation during his presidency supports his bald assertion that discovery into whether he lied about raping Carroll will harm the national interest,” Ms. Kaplan said in a filing in State Supreme Court in Manhattan.

Mr. Trump’s lawyers have argued that Ms. Carroll’s suit should be postponed until New York’s highest court, the Court of Appeals, rules on a question at issue in the second suit: whether a sitting president can be sued.

Ms. Carroll first discussed the sexual assault allegation in an excerpt from her 2019 book, “What Do We Need Men For?”, that was published in New York magazine. She said in an interview on CNN that Mr. Trump threw her up against a wall so hard that “I hit my head really hard — boom.” She said that she tried to fight back against Mr. Trump’s violent advances.

At the time Ms. Carroll’s account was published, Mr. Trump asserted during an interview with The Hill, a Capitol Hill news outlet, that he would not have assaulted her because “she’s not my type.”

“I’ll say it with great respect,” Mr. Trump said. “No. 1, she’s not my type. No. 2, it never happened. It never happened, OK?”

Mr. Trump insisted that he never met Ms. Carroll, but the two were photographed together at a party in 1987 with Ms. Carroll’s former husband, John Johnson. Mr. Trump later said that the image was misleading. He labeled Ms. Carroll as a liar who was trying to sell a book.

“Standing with my coat on in a line?” Mr. Trump said in June. “Give me a break — with my back to the camera? I have no idea who she is.”

New York’s Appellate Division ruled last year that the second defamation suit against Mr. Trump, which was filed by Summer Zervos, a former contestant on Mr. Trump’s television show, “The Apprentice,” could proceed.

The Appellate Division later said that the Court of Appeals should determine whether Mr. Trump was entitled to the immunity he has asserted.

Like Ms. Carroll, Ms. Zervos has accused Mr. Trump of assaulting her before he became president, and of defaming her by branding her liar.

If Mr. Trump’s fails in his effort to suspend Ms. Carroll’s suit until Ms. Zervos’s suit is resolved, he may be required to submit a DNA sample, according to court filings.

In a letter to Mr. Trump’s lawyers last month, Ms. Carroll said that she believed Mr. Trump’s DNA could match genetic material found on the dress that she says she was wearing the day of the alleged attack and has kept since then.

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skilltradecontractor · 5 years ago

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Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap | Top-Notch Contractors

U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap RALEIGH, NC – The U.S. Department of Labor today announced the awarding of grants to 28 public-private apprenticeship partnerships totaling nearly $100 million through the Apprenticeship: Closing the Skills Gap grant program. These grants will support large-scale expansions of apprenticeship in industries including advanced manufacturing, healthcare and information technology. President Donald J. Trump's Executive Order on Expanding Apprenticeship in America called for increasing the number of apprentices in the United States across all industries. There are more than 6.4 million job openings reported in the United States and expanding apprenticeships will help individuals gain the skills necessary to fill these vacancies. "These grants will further the Administration's efforts to expand apprenticeships. For Americans who want an alternative to the traditional bachelor's degree, apprenticeships are a way to learn valuable skills that lead to good paying careers," said U.S. Secretary of Labor Eugene Scalia. "Companies across the country tell me that their greatest challenge today is finding the skilled workers they need. This funding will bolster America's competitiveness by adding more skilled workers to fill millions of open jobs today and in the future." Secretary Scalia made the announcement during a trip to North Carolina State University, one of the grantees. The Apprenticeship: Closing the Skills Gap grant program will support the training of more than 92,000 individuals in new or expanded apprenticeship programs for a range of employers, including small and medium-sized businesses, veterans, military spouses, service members re-entering the civilian workforce and groups underrepresented in current apprenticeship programs, including women and Americans reentering the workforce from the justice system. The grant program supports apprenticeships that include a paid, work-based learning component and a required educational or instructional component that results in the issuance of an industry-recognized credential; and which meet appropriate quality assurance standards. H-1B fees fund the Apprenticeship: Closing the Skills Gap grant program. Awards ranging from $500,000 to $6 million each will go to 28 public-private apprenticeship partnerships led by institutions of higher education; state systems of higher education; nonprofit trade, industry, or employer associations; labor unions; or labor-management organizations partnering with businesses ready to train apprentices. This grant program places a heavy emphasis on private sector partnership, with a corresponding 45% match of federal funds awarded. A list of grantees and award amounts is below: Apprenticeship: Closing the Skills Gap Grant Awards Awardee Headquarter Location Award Amount Aerospace Machinist Joint Training Committee WA $996,390 AFL-CIO Working for America DC $6,000,000 Alamo Community College District TX $1,000,000 American Association of Port Authorities VA $5,888,738 Argentum VA $5,991,235 Arkansas Division of Higher Education AR $2,000,000 Arizona Board of Regents, on behalf of Arizona State University AZ $1,999,285 Colorado Community College System CO $2,000,000 Electrical Training ALLIANCE MD $5,998,953 Florida Alcohol and Drug Abuse Association FL $6,000,000 Goodwin College Inc. CT $2,000,000 H-CAP Inc. NY $4,000,000 Idaho State Board of Education ID $1,998,139 Ivy Tech Community College of Indiana IN $3,977,255 Missouri Chamber Foundation MO $6,000,000 North Carolina State University NC $5,999,799 Oakland Community College MI $4,000,000 Office of the Postsecondary Commissioner, State of Rhode Island RI $1,000,000 Regents of the University of Colorado/UOC-Colorado Springs CO $5,996,713 SHRM Foundation Inc. VA $972,000 Southern Utah University UT $3,977,088 Southwest Tennessee Community College TN $998,405 The Regents of the University of California (Davis) CA $5,492,408 The Regents of the University of California (Riverside) CA $999,501 University of Louisville Research Foundation Inc. KY $3,999,999 University of Wisconsin-Whitewater WI $1,999,961 Wireless Infrastructure Association VA $5,997,096 Wisconsin Regional Training Partnership Inc. WI $1,998,251 Learn more about grant eligibility and how to apply for funds. The Employment and Training Administration administers federal government job training and dislocated worker programs, federal grants to states for public employment service programs and unemployment insurance benefits. These services are provided primarily through state and local workforce development systems. The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. Published at: http://bit.ly/2u8Kivy - Check out these Top-Notch Contractor Videos via Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap | Top-Notch Contractors Local Contractors Blueprint

#Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Gran

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janicecpitts · 5 years ago

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Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap | Top-Notch Contractors

U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap RALEIGH, NC – The U.S. Department of Labor today announced the awarding of grants to 28 public-private apprenticeship partnerships totaling nearly $100 million through the Apprenticeship: Closing the Skills Gap grant program. These grants will support large-scale expansions of apprenticeship in industries including advanced manufacturing, healthcare and information technology. President Donald J. Trump's Executive Order on Expanding Apprenticeship in America called for increasing the number of apprentices in the United States across all industries. There are more than 6.4 million job openings reported in the United States and expanding apprenticeships will help individuals gain the skills necessary to fill these vacancies. "These grants will further the Administration's efforts to expand apprenticeships. For Americans who want an alternative to the traditional bachelor's degree, apprenticeships are a way to learn valuable skills that lead to good paying careers," said U.S. Secretary of Labor Eugene Scalia. "Companies across the country tell me that their greatest challenge today is finding the skilled workers they need. This funding will bolster America's competitiveness by adding more skilled workers to fill millions of open jobs today and in the future." Secretary Scalia made the announcement during a trip to North Carolina State University, one of the grantees. The Apprenticeship: Closing the Skills Gap grant program will support the training of more than 92,000 individuals in new or expanded apprenticeship programs for a range of employers, including small and medium-sized businesses, veterans, military spouses, service members re-entering the civilian workforce and groups underrepresented in current apprenticeship programs, including women and Americans reentering the workforce from the justice system. The grant program supports apprenticeships that include a paid, work-based learning component and a required educational or instructional component that results in the issuance of an industry-recognized credential; and which meet appropriate quality assurance standards. H-1B fees fund the Apprenticeship: Closing the Skills Gap grant program. Awards ranging from $500,000 to $6 million each will go to 28 public-private apprenticeship partnerships led by institutions of higher education; state systems of higher education; nonprofit trade, industry, or employer associations; labor unions; or labor-management organizations partnering with businesses ready to train apprentices. This grant program places a heavy emphasis on private sector partnership, with a corresponding 45% match of federal funds awarded. A list of grantees and award amounts is below: Apprenticeship: Closing the Skills Gap Grant Awards Awardee Headquarter Location Award Amount Aerospace Machinist Joint Training Committee WA $996,390 AFL-CIO Working for America DC $6,000,000 Alamo Community College District TX $1,000,000 American Association of Port Authorities VA $5,888,738 Argentum VA $5,991,235 Arkansas Division of Higher Education AR $2,000,000 Arizona Board of Regents, on behalf of Arizona State University AZ $1,999,285 Colorado Community College System CO $2,000,000 Electrical Training ALLIANCE MD $5,998,953 Florida Alcohol and Drug Abuse Association FL $6,000,000 Goodwin College Inc. CT $2,000,000 H-CAP Inc. NY $4,000,000 Idaho State Board of Education ID $1,998,139 Ivy Tech Community College of Indiana IN $3,977,255 Missouri Chamber Foundation MO $6,000,000 North Carolina State University NC $5,999,799 Oakland Community College MI $4,000,000 Office of the Postsecondary Commissioner, State of Rhode Island RI $1,000,000 Regents of the University of Colorado/UOC-Colorado Springs CO $5,996,713 SHRM Foundation Inc. VA $972,000 Southern Utah University UT $3,977,088 Southwest Tennessee Community College TN $998,405 The Regents of the University of California (Davis) CA $5,492,408 The Regents of the University of California (Riverside) CA $999,501 University of Louisville Research Foundation Inc. KY $3,999,999 University of Wisconsin-Whitewater WI $1,999,961 Wireless Infrastructure Association VA $5,997,096 Wisconsin Regional Training Partnership Inc. WI $1,998,251 Learn more about grant eligibility and how to apply for funds. The Employment and Training Administration administers federal government job training and dislocated worker programs, federal grants to states for public employment service programs and unemployment insurance benefits. These services are provided primarily through state and local workforce development systems. The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. Published at: http://bit.ly/2u8Kivy - Check out these Top-Notch Contractor Videos Original Post: Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Grants to Close the Skills Gap | Top-Notch Contractors

#Department of Labors | U.S. Department of Labor Announces Nearly $100 Million In Apprenticeship Gran

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john2983miller-blog · 6 years ago

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Simply Exactly How to Create Management Accountants - A Quick quick guide

The variety of the handbook is really to give the customers a trend of jobs that I have in fact abided by, in my extremely personal know-how, to set up a month to month insurance coverage pack for my aged administration team. This set of activities along with the worth that I hook up to every activity might be very different completely free toss pipes of business that you continue to be in. Having pointed out that, I execute presume that a number of you are going to absolutely construct an added vivid as well as likewise round photo of the progression treatment, which you may effortlessly then duplicate as well as likewise mix straight in to your extremely personal particular scenarios Management Accountants.

https://www.google.com/maps/place/Accounted+For/@51.4917544,-3.1367024,17z/data=!3m1!4b1!4m5!3m4!1s0x487191122b5b3aa1:0xc68d6094825cae0e!8m2!3d51.4917544!4d-3.1345137

This information is really mainly aimed for brand-new graduates, starting duty collaborates with, expert apprentices, as well as likewise any type of form of details relating to free throw line of job of publication always keeping (and also command publication always keeping specifically), that intends to have a very easy shape of specifically just how a compilation of management profile pages might be actually created as well as likewise what associates with its personal production, without requiring to undergo a 200 web page guidebook. A bunch of the knowledge outlined henceforth is really stemming from the viewpoint of performing operate in a business found market and also dare the reader to have a practical skills of the necessary guidelines of book keeping.

accountedforltd.co.uk

License's begin!

What are our staff trying to help make?

Most of business, the door and even senior management requires the command accountant/chief accountant to develop a month-to-month revenue in addition to decline account/income case, to make sure that the provider's productivity versus reputable budget (commonly prepared at the beginning of each ) as well as likewise supposed projections (commonly enhanced at on a monthly basis final thought) might be actually figured out. A month to month tracking accounting mentioning pack executes definitely not simply include the month-to-month incomes announcement, however, an assortment of several other useful documents. An income statement conducts make up most of the protection as well as likewise this is what our professionals are going to most definitely create an initiative to make in this particular handbook.

In an almond level, along with a specific compilation of activities along with for a supplied amount of time (usually a month), our professionals figure out: the revenues developed as a result of the business, the expenditures gotten in the development of such earnings (regularly gotten in touch with 'expenditure of goods/services industried') in addition to the expenditures preserved to give aid to such revenues development as well as likewise goods/services creating. This cost is really typically related to as the major expenses' costs or maybe support functions' rates and even the service-centre costs.

What you should know before you begin production?

A Chart of Accounts and even COA, as I as if to call it, is really a list of all tiny diary accounts that a solution indicates to utilize to videotape its personal company investments. This directory of accounts might be in the concept of volumes, alphabets or maybe alpha-numeric market price. Due to my individual expertise, I such as selections.

These are really just circumstances of precisely just how the COA may be divided. You demand to recognize what range/s of little profile page codes in your company's COA consists of the profits, the rate of goods/services used, the primary costs, the residential or commercial properties, the duties, as well as likewise the financing.

A bunch of solutions are going to absolutely use a "Chart of Accounts" in their book-keeping units (may it be really: Sage, SAP, Oracle, SUN, Viztopia and so forth) to determine along with documentation various sort of bargains involving differing kind of properties, tasks, funding, incomes, along with costs.

As quickly as you have in fact understood the division of the COA, you may conveniently then truly appreciate the month-to-month income insurance claim layout that your institution currently welcomes area. If you are in fact entrusted the project to create one from scratch, then this fast manual is in fact other than you. In this particular specific guide, our provider have really thought that your business currently has a specific normal month to month protection style layout ready, of which the profits case is really the main one.

To provide a case, our overall COA might differ in between the volumes 0001 in addition to 9999 along with within this assortment, our pros may quickly have a variety of arrays, each status for a building, commitment, sources, revenues and even expenditures design. As a case, the selection 5000-5999 might merely exhibit numerous sort of earnings moves for a company and also the variety 1000-1999 might merely refer to all coped with information always kept because of the organization.

You are going to undoubtedly not possess the capability to identify the revenues insurance claim (which is what you are really essentially producing an initiative to make), unless you understand the Chart of Accounts. The income insurance claim is really largely experiencing all files inhibited the COA range/s relating to profits as well as additionally costs for an offered month/period.

A substantial volume of institutions create their month-to-month surveillance accounts in Microsoft Excel. The revenues case, hing on your company, are going to undoubtedly be really divided straight in to many places. For features of the information, our specialists are going to undoubtedly use the noting regions that make up a popular profits insurance claim:

- Central Overheads Recharge

- Contribution To Central Overheads

- Gross Profit

- Revenue

- Marketing Expenses

- Cost Of Goods/Services Sold

- Selling Expenses

- EBITDA

As a circumstances, the incomes location of the revenue affirmation in MS Excel might be in fact taking together/summing the info arising from codes 5000-5999 selection arising from the main accounting system, for a given month. Adequately, numerous providers take advantage of some type of intermediary stand apart information to take documents out originating from the key book-keeping program use (where a file of bargains remainder) onto follow.

To reclaim what our crew possess really just revealed over:

ï § Before you additionally open your company's routine month to month insurance coverage pack, of which the profits case design is in fact the outright very most important, you require to must understand your Chart of Accounts.

ï § Most tracking accounts' packs/templates, are really assisted create in stick out

ï § Transactions are really chronicled utilizing some book keeping software application, like Sage, Sun, Sap etc

ï § The month to month incomes notification concept is in fact malfunctioned in to components, consisting of Revenue, Cost of Sales, Gross earnings and so forth. Each component checks out a bunch of little codes arising from the key accounting course as well as additionally summing each of all of them up for a used routine month in the ms stand apart saying formats.

ï § This summing/collation of details in to follow stemming from the book keeping software program use, using tiny codes, is in fact normally executed along with the help of a be successful Add-on information.

Probably, previously, for that reason wonderful! License's carry on at this moment.

The Production Process

Widely chatting, the cash control branch of mainly all companies, differing originating from very small as well as additionally network to primary candidly in-depth company, might have the monitoring sub-departments, either one by one or maybe blended, within the primary monetary attribute:

- Sales Ledger

- Purchase Ledger

- Credit Control

- Management Accountancy

- Sales Order Processing - SOP

- Financial Accountancy

On an opportunity to opportunity way, investments are in fact honed on the investments diary gadget. The investments diary device may simply exist within a company's main book-keeping plan or maybe probably a various body system entirely. The end result of investments acquisition managing is in fact the production of acquisitions invoicings Management Accountants Cardiff.

These acquisitions claims are in fact afterwards chased as a result of the credit history file order group for collection of the money to become compensated. The minute cash money are really receipted at the banks, such slides are in fact caught as a result of the acquisitions diary department onto the main review unit.

Together with this, daily, the assets publication department is really fine-tuning 'financial investment declarations' i.e. prices that service needs to have to shell out. For a lot of organizations, the sound of procurement invoicings features:

ï § Categorizing/ pinpointing each expenses to a cost type/s

ï § Assigning the expenditure to a particulars product &/ and even staff &/ and even company tool

Substantial progress & Management skill-sets viz., technical developing, task prep work as well as additionally application, activity tracking, Oracle sql, pl/sql, document flow principle, information banking company format, datawarehousing, Oracle performs viz., producing, scm, crm, financials, hrms, procedure, Oracle trendsetter, kinds, files, etc, having effectiveness in Business Analysis. Planning Manager alongside a Large IT firm in London, showing up after 10 Oracle functionalities endeavor in Europe, in addition to handling overseas development friends.

Importance Of Getting Regular Management Accounts Prepared For A Business.

In augmentation, each publication being really used with the solution is actually heading to carry a publication time. By means of top quality of the journal opportunity, our professionals may quickly review what along with precisely just how several magazines to understand as incomes and also rates in the month, for which management profile pages are in fact being really helped make Management Accountants Cardiff.

Straight Cost Prepayment Journal via Management Accountants.

Suggested Account Type DEBIT CREDIT.

Inscribing P&L 25,000.

Information Content P&L 8,000.

Blood circulation P&L 26,000.

ABC Printers Ltd Balance Sheet 25,000.

Dolphin Editors Ltd. Yearly file 8,000.

DHL Couriers Ltd. Yearly file 26,000.

Performance Management.

- The affirmation of modifications in financial position.

The financial insurance claims prepped are in fact situated upon a formula and even design, which advises, that all business use their financial announcements on fashion of a constant style. This will undoubtedly show that financial book-keeping has a certain platform.

Taking care of a provider is in fact all regarding appropriate prepping. Comprehending which branches to concentrate on, which thing asks for makeover, what program requires to must be really accomplished, where to devote in future are really a number of the options a provider supervisor as well as additionally administrator call for to produce.

Consider: Please take into consideration that the above product is in fact grabbing direct costs for a volume of diaries that are going to undoubtedly be in fact launched in the month along with in prospective months.

Suggested Account Type DEBIT CREDIT.

Inscribing P&L 5,000.

Information Content P&L 1,500.

Blood circulation P&L 8,000.

Straight Costs Prepayments Balance Sheet 14,500.

In possible months, upright costs having a finger in the 'Direct costs very early monthly payments' yearly document profile page are going to undoubtedly be in fact released to the revenue case, as and additionally when relevant magazines are in fact published.

For the factor of this particular effortless source, our pros are going to definitely create a fictional firm, functioning in the media area bring in month-to-month magazines. MPL media has all the above indicated economic components as successfully as the observing in its personal organisational construct:.

Option as well as additionally Implementation of Strategies.

Record low product is really that on an opportunity to opportunity fashion, acquisitions claims are in fact being in fact raised and also funds gotten, alongside expenditures being really videotaped in addition to cleared. Eventually of month to month or maybe at a gotten rid of opportunity before finalization of a month, you are going to absolutely look for all appropriate departments to introduce no extra gain access to while for which management profile pages are really to end up being prepped. Your surveillance accounts start provided below!

- The incomes as well as additionally decline account/income case.

The quite initial variety dwells in its personal construct or maybe formats of its very own dialogue of applicable details. Economic book keeping has an atypical certain style of conversation, which suggests, that the pertinent info hooking up to company solution device exists generally on an also way. Finalization things of financial accounting are its very own 3 basic economical cases, and also these are really:.

The financial review as well as likewise management book-keeping differs in respect of their utmost reasons. Monetary accounting is really prepared particularly for outdoors insurance coverage, where-as, command accounts are in fact merely for interior take advantage of.

The expenditure is really exercised at some point because of the financial investment publication manager.

The yearly document reveals the economical positioning of a provider at any kind of sort of facet of your opportunity. The profits along with decline insurance claim will definitely consist of the business's economical productivity over a details interval, which is in fact commonly one year. The inflow as well as additionally discharge of funds of a firm throughout an interval is really divulged in the insurance claim of adjustments.

- The yearly file.

Financial Accounting as well as additionally Management Accounting - An Overview.

Economical analysis pertains to the company as a whole entire, though some providers part such review for its very own a variety of operating. As opposed to this, the tracking book keeping system could present announcements in shared method Cardiff.

Having in fact instructed/stopped any sort of type of additional accessibility to come to be generated in the month for which the surveillance accounts are in fact to end up being created, the 1st in the directory of successive jobs that the Management Accountants carries out is really the very early payment of the upright costs.

Preliminary Entry as a result of the Purchase Ledger Manager.

As mentioned over, there are in fact 3 type of financial book keeping declares that are in fact prepped. On the numerous other hand, management book keeping accomplishes surely not videotape any sort of type of financial past times of the company.

Mainly, financial notifications are really typically signified for individuals outside the institution, featuring, capitalists, enthusiasts, authorizations, the neighborhood, as well as additionally like others. These people also get such papers arising from a variety of other associations, in addition to always keep equivalency in these insurance claims, financial book-keeping tool uses a details layout system Wales.

E.g. If a firm possesses in fact committed ₤ 5,000 on printing as well as additionally binding of a diary (intending a magazine is really a "product"/ "revenues circulation" for your service), the accomplishment diary administrator will absolutely tape-record this cost as a trustworthy cost (offering it a trustworthy cost tiny diary code stemming from the Chart of Accounts) as well as additionally designate the expenditure preserved to the "Production Department" as well as likewise the "Print Publications" Business Unit of that business.

The tracking accounts trust the available details as well as likewise possible criteria. The tracking is actually heading to therefore produce their option situated about what the accounts anticipate.

Any kind of kind of upright rates hooking up to magazines whose publication opportunities end up being past the last opportunity of the month for which the tracking profile pages are in fact being in fact prepped, are going to undoubtedly require to need to end up being acquired of the income insurance claim along with steered to the yearly file as a "Direct Cost Prepayment". The very easy magazine thing to perform this will undoubtedly be in fact to associate the significant upright expenditures recommended profile pages in addition to money the yearly record very early monthly payment account.

A number of every one of all of them carry out certainly not supply regular management accounts the implication it must possess. Unlike the several other accounts (cost along with financial), management accounts are really situated on prospective forecasts. The observing are really some perks of keeping track of accounts:.

- Editorial Department.

- Data as well as additionally Marketing Department.

- Production Department.

- Facilities.

- IT.

- Human Resources.

Book keeping may be in fact calculated as a system of building up, summerising, assessing, as well as additionally stating in financial key phrases, information pertaining to a solution firm. The firm review as recognize today, composes of, economical book keeping, as well as likewise keeping an eye on book-keeping.

JOB 2 - Central Overheads Prepayments.

as adequately as the firm supervisor are in fact required to become really fiscally watchful of the organization position. Management profiles assistance in cultivating approaches. Using strategies like similarity examination aids a company evaluation productivity additionally right before an approach is really ravelled.

Expenditure book keeping as well as likewise financial book keeping are in fact situated on duties that have really taken place. Management review generally focuses on prospective predictions. Having regimen management accounts is in fact some of the quite most reliable approaches of controling and also enriching company functions in both simple as properly as prolonged work.

MPL media acquires profit originating from providing advertising and marketing region by itself magazines. All acquisitions relating to a particular diary are in fact invoiced upon journal as well as additionally institution of the magazine. All style task as well as additionally content component of the publication is really generated interior because of the material and also producing segmentations, whereas the posting, binding, dealing with as well as likewise flow of the diaries are in fact executed by means of opted for outdoors representatives.

MPL media takes advantage of a do well gadget to take relevant information of its personal review plan right in to be successful. It may perhaps perform this on a flexible level as well as likewise simple verdicts.

Quick Decision Making.

The influence of pre-paying the direct costs attaching to possible publications using such a journal thing will certainly be really a reduce in the direct rates in the incomes statement in addition to increase in the very early settlement information on the yearly document.

This message deals with a fast testimonial of many of the accolades in between financial accounting as well as likewise handle book-keeping tools. At 1st enable our crew realize what book-keeping is in fact.

The complying with difference lives in the ordinarily enabled book-keeping ideas. Monetary book keeping is in fact prepped depending on to the Generally Accepted Accounting Principles, which simply put is really described as GAAP. Preparing of economical cases sticking to GAAP assurances that the account conversations have in fact been in fact prepared on way of a specification, based upon the total criteria offered by means of regulations.

In point of view of this particular, our professionals need to identify as well as likewise look at the quantity of the principal prices connect with the command profile pages' month along with the quantity of once more links with the future. All principal costs rates that cope with prospective amount of time are going to surely one more time be really obtained of the profits case for the month as well as additionally steered to the yearly record as an 'Overhead Prepayment'.

As an element of the book-keeping device of provider institutions, these set of comparison each numerous other in tons of parts.

Correct Planning.

Keeping track of book keeping is really mainly fascinated in the inner command. As a result of the reality that the analysis cases are really used within, it contrasts in concept stemming from business to provider, relying upon the circumstances as well as additionally needs to have of exclusive take advantage of. Management book-keeping is in fact individualized to satisfy the demands of the management of the particular company.

The same to the organized expenditures, our business at this moment need to have to need to focus on all the costs that are really absolutely not organized derivable to the advancement of goods/services (magazines, in the case of MPL media). All such costs take care of a specific interval of option. Firm prices are in fact boasted in development as well as likewise handle a period of 12 months.

Management book-keeping is really an inner standards, as properly as is in fact for the unique make use of the management of the business. These regulate book keeping affirmations are in fact certainly never ever before used to the outsiders, in addition to subsequently might be actually created in the strategy as intended as a result of the interior command.

Basically, after posting the organized cost very early payments journal, the income insurance claim are going to merely be really handed over to organized rates that associate with the magazine/s being in fact published in the month of the surveillance accounts CF24 2SA.

Within this quick dialogue, it has in fact found yourself being actually quite clear precisely just how financial book-keeping differs in addition to management profile page preparation. Each of the book-keeping tools are really vital to any kind of kind of firm condition, and also are in fact demanded standards in an organisation environment.

The 3rd difference in between financial review along with keeping an eye on book keeping is really the lawful requirements of organizing of accounts. As dealt with over, financial insurance claims are really prepared specifically for the people outside the company, that have interest rate in the provider treatment of the provider.

The quality of a solution is in fact typically reviewed by itself performance. This is in fact one area where regular surveillance accounts are really of most of importance. Such market warnings aid in examining along with looking after the capability of the little bit of company.

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martin9395 · 6 years ago

Text

Simply Exactly How to Create Management Accountants - A Quick quick guide

License's begin!

What are our staff trying to help make?

What you should know before you begin production?

- Central Overheads Recharge

- Contribution To Central Overheads

- Gross Profit

- Revenue

- Marketing Expenses

- Cost Of Goods/Services Sold

- Selling Expenses

- EBITDA

To reclaim what our crew possess really just revealed over:

ï § Most tracking accounts' packs/templates, are really assisted create in stick out

ï § Transactions are really chronicled utilizing some book keeping software application, like Sage, Sun, Sap etc

Probably, previously, for that reason wonderful! License's carry on at this moment.

The Production Process

- Sales Ledger

- Purchase Ledger

- Credit Control

- Management Accountancy

- Sales Order Processing - SOP

- Financial Accountancy

ï § Categorizing/ pinpointing each expenses to a cost type/s

ï § Assigning the expenditure to a particulars product &/ and even staff &/ and even company tool

Importance Of Getting Regular Management Accounts Prepared For A Business.

Straight Cost Prepayment Journal via Management Accountants.

Suggested Account Type DEBIT CREDIT.

Inscribing P&L 25,000.

Information Content P&L 8,000.

Blood circulation P&L 26,000.

ABC Printers Ltd Balance Sheet 25,000.

Dolphin Editors Ltd. Yearly file 8,000.

DHL Couriers Ltd. Yearly file 26,000.

Performance Management.

- The affirmation of modifications in financial position.

Suggested Account Type DEBIT CREDIT.

Inscribing P&L 5,000.

Information Content P&L 1,500.

Blood circulation P&L 8,000.

Straight Costs Prepayments Balance Sheet 14,500.

Option as well as additionally Implementation of Strategies.

- The incomes as well as additionally decline account/income case.

The expenditure is really exercised at some point because of the financial investment publication manager.

- The yearly file.

Financial Accounting as well as additionally Management Accounting - An Overview.

Preliminary Entry as a result of the Purchase Ledger Manager.

- Editorial Department.

- Data as well as additionally Marketing Department.

- Production Department.

- Facilities.

- IT.

- Human Resources.

JOB 2 - Central Overheads Prepayments.

Quick Decision Making.

As an element of the book-keeping device of provider institutions, these set of comparison each numerous other in tons of parts.

Correct Planning.

0 notes