Here are some of this week’s top headlines.Facebook users can now order food from local restaurants using its app.Food delivery is on the rise, fueling what is now the world’s fourth-most valuable startup: China’s Meituan Dianping.Blue Apron recently announced its plans to lay off 6 percent of its staff as it approaches its next earnings report.Sad news came to small farmers when the USDA announced it would withdraw the interim Farmer Fair Practice Rules.In better ag news, two new innovations were introduced in the field: cultured cannabis for future pharmaceuticals and fish feed produced from microbes fed carbon dioxide.
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The Monetary Authority of Singapore (MAS) – the country’s central bank – today revealed a streamlined framework for the regulation of VC fund managers.The relaxed requirements for managing VC funds are intended to make it easier for startups to access growth capital.The revised rules largely reflect proposals put forward by MAS alongside a public consultation earlier this year, after the Singaporean government’s Committee on the Future Economy (CFE) recommended that VC regulation be simplified in order to encourage more investment into the country.Previously, VC fund managers have been treated similarly to managers of other types of investment fund – with the authorization process for new fund managers sometimes taking up to 12 months.After the CFE published its report back in February, MAS noted that VC investment activities are substantially different from other fund types, since they exclusively invest in unlisted companies that are usually less than five years old, and do not accept new subscriptions after the close of a fund.Moreover, it is typically only accredited and institutional investors that are able to participate in VC funding activities.
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Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps.This is where you will connect with your friends, communicate with your boss (forget emails), make business deals, flirt, and much more.Food delivery in China is an impressively dynamic and tech-driven industry which means that users have a variety of choices.Renting a bike: ofo (小黄车) / Mobike (摩拜单车)So you tried to get a taxi and got stuck in one of those traffic jams of epic proportions for which Chinese cities are known.Mobike has a similar deal with a ride-hailing company called Shouqi (首汽租车) but the cities covered by the partnership is still limited.
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Two of the largest carriers in the US, Sprint and T-Mobile, are in advanced talks for a possible merger and it was hoped that this merger will be announced during earnings calls by the end of the month.However, fresh reports claim that it is most unlikely to happen so soon because the companies are looking at a delay by a couple of weeks thus an announcement may come by mid or late November.The two companies may likely delay their quarterly reporting dates to create room for the announcement.The fate of a possible deal still hangs on a thread because there are some obstacles to overcome before a merger is announced.The U.S. regulators are probably the biggest obstacle and deciding factor in the merging procedure.Recall that 6 years ago, AT attempted to acquire T-Mobile but there was intense scrutiny from the regulators who eventually blocked any deal from happening stating that cellular industry needs four major competitors at the time.
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The news (extracted from The Financial Times):Singaporean internet company Sea is seeking to raise more than US$1 billion via its IPO on the New York Stock Exchange later today, The Financial Times reports.Sea has priced its stock at US$15 per share, above the range of US$12 to US$14 it had indicated in an earlier regulatory filing.Chinese tech giant Tencent, which currently owns a 39.8 percent equity interest in Sea, told the Times it may participate in the IPO by subscribing to up to US$100 million of shares.The higher share price is due to a “greenshoe option” allowing the IPO’s underwriters to sell more shares than initially planned.This typically occurs when demand for the stock is higher than expected.
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With movies, such as Jobs and The Social Network presenting millennial entrepreneurs as brilliant and youthful gladiators, it is important to stay focused on the underlying trends with successful young entrepreneurs.After inspecting the current landscape, there are a number of traits, besides sheer genius or age, that are accurate predictors of success.Despite having a less typical entrepreneurship story, David Kurzmann, the co-founder and CEO of Women’s Best, has built a brand reach of 150 million people and 8-figures in annual revenue.While entrepreneurs love to claim that they are fearless, taking unnecessary risks is foolish.At the end of the day, the only thing that matters is the money.Most organizations say they are results-oriented, but most organizations are also not results-oriented.
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There have been rumours for and against the OnePlus 5T but so far these renders are the most compelling.There’s a strong argument for both reasons why OnePlus will launch a OP5T and won’t launch one.Commentators have pointed out that a new OnePlus would likely adopt a 18:9 screen ratio and that this is too much of an upgrade to be simply launched as a pre-life update.Over the past few days, OnePlus 5 stock has been depleted in most major online territories which sparked rumors that a new version of the Five would be launched.For the sake of argument, we’re calling this render a OnePlus 5T because, well just look at it!.From the rear, the phone is clearly based on the current OnePlus 5, and even from the front, the design is similar, well except for the large ratio display.
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Smartphone maker Vivo has today confirmed that it plans to launch its phones in additional markets around the world.Vivo already offers its phones in China, Hong Kong and a handful of other Asian countries, but today the brand has confirmed a large scale push and new official launch markets for their phones.In a press release received by us today, Vivo has confirmed that it now plans to expand into Singapore, Taiwan, and Russia as well as certain countries in Africa early next year.Russia marks the first foray for the phone maker into the European market, and we hope this will be followed up by launches in other European countries to follow next year.It also follows the companies decision to sponsor the 2018 FIFA World Cup too.The Press Release doesn’t mention if all Vivo products will be released in all markets however so and it’s likely that flagship phones along the lines of the X20 will remain China only models.
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WeChat subscription account is undergoing a major transformation, from a traditional folder method into a more intuitive feed stream format, making it more look like Jinri Toutiao’s format, Chinese media Hunwater Media is reporting.After a WeChat user subscribes to an account, they can go directly to see the content (audio and video) with a more intuitive presentation.This could bring new content reshuffle and will have a greater impact on the user experience.Currently, WeChat has not given an official response to this news.As early as May of this year, WeChat launched new features like “See (看一看)” and “search (搜一搜)”, making WeChat subscription accounts look more like Jinri Toutiao (今日头条).Users can tap on “See (看一看)” and choose from “What friends are reading” and “Hot topics,” leading some to believe WeChat was testing a feed stream style.
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The New York Times is making a play for advertising dollars in Southeast Asia after announcing it will open a new Singapore sales office that will serve marketers and agencies across the region, including Singapore, Malaysia and Indonesia, and work closely with its branded content studio in Hong Kong.The opening comes after The Times opened its Asia Pacific sales office in June, shortly after expanding its T Brand Studio in May.It also hired two programmatic advertising directors in London and Singapore in August.The Times previously employed PI Global, an international advertising agency, as its local sales representative in Singapore.The American broadsheet also announced that the Tokyo office will be led by Tom Armstrong, who will assume the role of vice president of advertising, Asia Pacific, while Alexandra Benard be in charge of the Singapore office as advertising sales director, supported by a sales coordinator.Armstrong previous held the role of chief revenue officer at Fairfax Media’s Metro Publishing division and spent three years as vice president, digital sales international at Viacom International Media Networks, based in the UK.
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The leading browsers,, Google Chrome and Apple’s Safari are taking steps to block videos that play automatically with sound on.Publishers will have to post videos that people actually want to watch by choosing to start them.Publishers will insist their actions are ongoing and not in reaction to anything Google and its ilk are doing, but many have become more nuanced about their autoplay video usage.Time Inc. has taken steps in the past year to more clearly label click-to-play videos on its sites including Real Simple and Travel + Leisure, with markers like play button icons or the word “watch.” With click-to-play videos, the publisher also has been testing GIFs that give the user a preview of the video itself before deciding whether to click.“In general, especially with the shift to mobile, optimizing the experience for users is probably one of the foremost things we can do.”The Washington Post has a team that can adapt advertisers’ ads to different screens and formats, such as sound-off or close-captioned in the case of video ads, and it has been experimenting to find the right balance between the ad and the user, whether it’s sound-off autoplay with captions, still images or text, said Jarrod Dicker, vp of commercial product and innovation at the Post.
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Its 38-person content studio, Bonnier News Brand Studio, sits within Bonnier News’ sales division and pitches and executes all native ad business across the five newspapers, which include Expressen, financial daily Dagens Industri, national newspaper Dagens Nyheter and regional newspapers Helsingborgs Dagblad and Sydsvenskan.These have a combined reach of 5 million weekly unique users, according to media research firm Orvesto Consumer — a decent chunk of Sweden’s total population of just under 10 million people.Since it started in 2013, Bonnier News Brand Studio has operated separately from the five different news desks, though to ensure content mirrors the look and feel of the editorial, 90 percent of native content is published via the same CMS that the news desks use.When clients request their campaigns run across the full network, the design, style and tone of native ads are tweaked according to the different styles of the five newspapers.While distributing across five publishers is good for scaling a campaign, it’s costly, so just 10 percent of the 140 clients the content studio has a year opt for this.A Bonnier News Brand Studio staffer now attends all Expressen’s news meetings to learn the day’s news agenda, what stories are being planned and how many articles will run and at what times.
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Although its application programming interface has been open to developers since March 2016, Microsoft’s HoloLens, a mixed-reality headset, has not received the same attention from brands as Apple’s ARKit, which brands were quick to apply when it came out in September.The reason: The average person can’t afford HoloLens’ hefty $3,000 price tag, whereas anyone with an iPhone can download Apple’s new AR apps.All brands haven’t been deterred from incorporating HoloLens, though, with Microsoft creating its Mixed Reality Partner Program in July due to growing demand.Luxury Scotch whisky brand The Macallan developed a mixed-reality app for HoloLens to enhance its “Gallery 12″ art exhibit, which debuted on Oct. 17 in New York City.After New York, the experience will move to Miami, Chicago, Houston and San Francisco, concluding at the end of October.To make “Gallery 12” more accessible, The Macallan replicated the experience using Apple’s ARKit, Gonzalez said.
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In the course of about a year, Turner went from using 30 supply-side platforms, ad exchanges and ad networks to sell its inventory to just six.Turner reduced its vendors to make it easier for advertisers to string together user data to run cross-device campaigns across Turner’s brands, said Amit Chaturvedi, evp of revenue operations and product management at Turner.The vigilance on ad tech is part of a broader strategy that involves Turner trying to capitalize on the ad industry’s growing pot of programmatic ad spend.Chaturvedi declined to provide specific numbers, but he said Turner’s programmatic business, which had little to no revenue three years ago, now brings in more than $100 million a year.“This year is about shrinking the [ad tech] footprint and doing more with fewer people.”A little over a year ago, Turner had six web developers, product managers and analysts spend a month gathering and analyzing data about all of the places where Turner publishes content and runs ads.
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Awareness and branding are key to any rebrand.For travel agent TUI, SEO is just as vital given its own rebranding means shifting one site to another, a move that could potentially cost it more than half of its bookings if it doesn’t get it right.The U.K.’s biggest holiday firm by sales has spent the last six months carefully replacing the Thomson brand with TUI, the name of its German parent.But with the rebrand completed, the challenge for TUI is protecting the huge SEO equity of the old thomson.co.uk site, of which over 50 percent of traffic came from SEO.In moving to tui.co.uk, a new site that has comparatively limited equity in travel searches compared to the old version, the business wants to avoid any drops in authority and relevance.To do this, it is building a content hub to create what TUI’s U.K. marketing director Jeremy Ellis said is a “substantial amount of SEO equity” in the URL.
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Mark Duffy has written the Copyranter blog for 12 years and is a freelancing copywriter with 25-plus years of experience.His hockey wrist shot is better than yours.The smarter shops don’t do much more than that because, really, what separates one agency from another?Because of insecurity (or because a marketing MBA got involved), they feel they need to try and explain what it is they do that is so transcendentally different from other ad agencies.And whoever typed this stuff deserves a Man Booker Prize for fiction.Global shop Gyro’s strange, kind of cryptic tagline is “What A Time To Be Alive.” And its CEO-CCO has such a perspicacious vision (right).
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In August, CNN replaced its Snapchat Discover channel with a daily news show called “The Update.” It was an interesting move for the news giant, which joined Snapchat Discover in January 2015 as a launch partner and averaged 12 million unique viewers per month on the platform by the time it made the show announcement.But as Samantha Barry, CNN’s executive producer for social and emerging media, describes it, CNN’s decision also made a lot of sense.“We learned a lot from our Discover editions, which were a mix of both text and video, but as Snapchat evolved and the show format became available, it was an obvious shift for us to make.”The decision was also endorsed by Snap, which is steering TV networks and studios to produce TV-like, episodic video series for Snapchat Discover instead of daily, magazine-style publisher stories, according to multiple sources.At the same time, sources said Snap remains committed to its network of print and digital publishing partners that have daily and weekly Discover channels.According to an executive from another TV network that has produced a show for Snapchat, after initially approaching Snap about doing a Snapchat Discover channel, Snap executives encouraged the network to create a show instead.
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Jim Perkins, who currently holds the position of Albertsons executive vice president of retail operations and special projects as well as president of its Acme stores division, is now adding president of Safeway Eastern division to his title, according to Supermarket News.This now puts Perkins in charge of nearly 300 east coast stores under the Acme (176 units) and Safeway (120) banners.Acme stores are located in the six-state area spanning Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania, while Safeway stores are in Delaware, Maryland, Pennsylvania, Virginia and Washington, D.C.It’s been almost three years since Albertsons and Safeway combined forces in a $9.2 billion deal in what some analysts projected could form another national grocery chain capable of competing with the likes of Walmart and Kroger.This management changeover could present a good time to consider consolidating east coast operations.One challenge is that Safeway is supplied by C Wholesale Grocers while Acme self-distributes.
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It's the biggest night for the European digital industry with the annual announcement of the DADI awards where and 360i Europe, LadBibleGroup and Flow Creative took top honours.One of the big reveals was the Chairman's award, 360i Europe also won the retail website, app or campaign award for their work with Lidl.Chair of the judging panel, Phil Jones, founder of Podge Events commented: "The Grand Prix award at the DADI’s is always the highlight of the awards and is the one that creates the most discussion amongst the jurors."When it comes down to the nitty gritty and only one entry can be chosen, the chairman can step in and award a special award for the one that came closest and created such a positive vibe amongst all the judges."The work by 360i for Lidl, with the brilliant Social Price Drop, well deserves my special award for 2017.Taking home the title of the prestigious grand prix, is the LadBible Group, who also won the use of social media and digital media straegy awards, for their work on Redefining LAD in 2017 and UOKM8?
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Eating into a growing percentage of these giants’ market share is Madison Reed, a four-year-old, 85-person, San Francisco-based maker of affordable “prestige” hair products.These include 45 shades of permanent hair color, 8 shades of hair “gloss,” 6 shades of liquid-based root touch-up (for in between coloring sessions), and 6 shades of powder for root touch-ups.Now Madison Reed is working on what could become its biggest product of all: a chain of real-world “color bars” that it expects will accelerate its business further.Today, we phoned CEO and founder Amy Errett in Hawaii, where she’s attending the high-wattage, low-flying Lobby conference.If you care about consumer packaged goods more generally, keep reading.TC: You’ve quietly closed on $25 million that brings your funding to $70 million.
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