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Millennial investors are ditching Tesla during its wild week (TSLA)

Thursday August 9 th 2018

elon muskMark Brake/Getty


Elon Musk sent shockwaves through the stock market this week when he announced plans to go private.

The stock surged more than 10% following his cryptic tweet that funding had been secured to take the electric carmaker private, and investors on Robinhood may have cashed out following the rise.

Data from the free stock trading app show roughly 7,400 investors ditched the stock in the past seven days, the biggest rout of any equity on the brokerage.

On August 2, 83,405 Robinhood investors — who skew much younger than traditional brokerages — held the stock. As of August 9, a total of 75,994 held it, marking a decline of about 8.8%. That’s close to the lowest number since Business Insider first started tracking the data in June. 

Since peaking at $379, Tesla has given up nearly half of its gains since Tuesday, and was down 3.8% in trading Thursday as doubt swirled about the financing Musk had touted earlier.

Legal experts told Business Insider that if financing had not actually been secured at the time of his tweet — which the Securities and Exchange Commission (SEC) says counts a material statement — the billionaire likely broke federal laws. The SEC’s requirements say a company must file an official disclosure within four days of a major event. Those events are generally defined as an acquisition, leadership change, or something in regards to the company’s financial situation.

The Wall Street Journal reported on Wednesday that the SEC was, in fact, investigating the tweet. 

Shares of Tesla have risen 11% since the beginning of the year.

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Global Small Programmable Logic Controllers (PLC) Market 2018-2025

Wednesday August 8 th 2018

DUBLIN, Aug 8, 2018 /PRNewswire/ —

The “Global Small Programmable Logic Controllers (PLC) Market by Architecture, Product (Nano and Micro), Industry Vertical and Region 2014-2025: Growth Opportunity and Business Strategy” report has been added to ResearchAndMarkets.com’s offering.

The global aggregated revenue of small PLC systems will reach $98.37 billion during 2018-2025 owing to a growing adoption and upgrade of nano and micro PLC systems controls in various industry verticals.

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global nano and micro PLC market in every aspect of the classification from perspectives of architecture, product, industry vertical and region.

Based on architecture, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section:

  • Hardware (further split into Processor, Power Supply, Input/Output, Memory and others)
  • Software (further split into Redundancy Software, Motion Control Software, Simulation Software, Programming Software)
  • Services (further segmented into Training, Maintenance, Consulting)
  • Based on product type, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section:
  • Nano PLC (further segmented into Fixed Nano PLC and Modular Nano PLC)
  • Micro PLC (further segmented into Fixed Micro PLC and Modular Micro PLC)

On basis of industry vertical, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.

  • Automotive Industry
  • Energy Power Industry
  • Oil Gas Industry
  • Metal Mining Industry
  • Food Beverage Industry
  • Home Building Automation Industry
  • Chemicals Plastics Industry
  • Pulp Paper Industry
  • Pharmaceutical Industry
  • Water and Wastewater Industry
  • Others

Key Topics Covered:

1 Introduction

2 Market Overview and Qualitative Analysis

3 Segmentation of Global Market by Architecture Type

4 Segmentation of Global Market by Product

5 Segmentation of Global Market by Industry Vertical

6 Segmentation of Global Market by Region

7 Competitive Landscape

8 Investing in Global Market: Risk Assessment and Management

Companies Mentioned

  • ABB Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Hitachi, Ltd.
  • Honeywell International Inc.
  • IDEC Corporation
  • Mitsubishi Electric Corp.
  • Omron Corporation
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG

For more information about this report visit https://www.researchandmarkets.com/research/55j32p/global_small?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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Triller Partners With 7digital, Platform Brings Millions of Songs to Music Video Influencers

SAN FRANCISCO, Aug. 8, 2018 /PRNewswire/ – Triller, the AI-powered music video platform with 29 million users worldwide, today announced a licensing deal with 7digital, a global leader in B2B end-to-end digital music solutions, that will grant Triller access to previews for millions of songs from the world’s largest music labels, and manage detailed reporting to Triller’s label partners. Triller now unlocks access to millions of chart-topping songs for its users.

“We are delighted to partner with Triller and share news of our deal today,” commented Simon Cole, CEO of 7digital. “This collaboration ensures that Triller can offer even more compelling experiences to consumers, while the music industry will also benefit from broadening access to digital music through the continued growth of this exciting platform and its impressive user engagement.”

“This relationship between Triller and 7digital gives video content creators and Triller influencers even greater opportunity to share their talents and make their mark on the social media world using the latest chart-topping hits,” said Mike Lu, CEO of Triller. “7digital’s prominent presence in countries outside of the U.S. will help to further increase Triller’s global footprint.”

Triller’s 29 million users, across 14 countries and five continents, will be granted access to song previews for music from their favorite artists. Triller democratizes the music video creation process, making it easy for users to instantly create and share professional quality music videos. The integration with 7digital empowers users to create, personalize and share Triller videos with the latest records from the industry’s most popular artists.

7digital has spent 15 years building, licensing and launching over 200 music services globally. 7digital powers more than 60 music services in 45 markets around the world.

Last month, Triller announced a new monetization model that helps influencers make real money, proven by influencer Lea Elui raising $50,000 in just three days from fans, brands and music labels to fund her college tuition through the Triller platform. With zero marketing and ad spend to date, Triller is used organically by celebrities such as Kevin Hart, Vanessa Hudgens and Taylor Hill. Triller also recently announced a $5 million Series A round and a licensing partnership with Universal Music Group.

About Triller

Triller is an AI-powered music video app and talent discovery platform that allows users to create professional-looking videos in a matter of seconds. Pick a song, select the portion of the song you want to use, snap a few takes and with the tap of a button you have a celebrity-quality music video starring you and your friends. Triller relies solely on organic growth and has more than 29 million downloads, with celebrities from Kevin Hart to Vanessa Hudgens regularly using the app to create their own music videos. Triller raised a $4.5 million seed round in May 2016 and a $5 million Series A funding round in February 2018, with plans to expand its AI technology and develop the brand as a talent discovery platform

For more information, visit www.triller.co and follow @trillervids on Instagram.

About 7digital

7digital is the global leader in B2B end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers – including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Global Radio and musical.ly. From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Electric Jukebox, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

For more information, visit http://about.7digital.com.

Contact: Brenda Manea
BAM Communications
Brenda@bamcommunications.biz

Triller Logo - triller.co (PRNewsfoto/Triller)

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SOURCE Triller

Bessemer Venture Partners Promotes Anna Khan to Vice President

SAN FRANCISCO, Aug. 8, 2018 /PRNewswire/ – Bessemer Venture Partners (BVP), a $4.5 billion global venture capital firm investing in consumer, enterprise and healthcare technology companies, today announced the promotion of Anna Khan to vice president. In her new role, Anna will begin focusing on early-stage investments for the firm in consumer businesses and continue investing in software companies.

Bessemer Venture Partners Logo (PRNewsfoto/Bessemer Venture Partners (BVP))

Since joining Bessemer in 2012, Anna has sourced several of the firm’s notable investments, including customer messaging platform Intercom and cloud contact center and inside sales technology provider NewVoiceMedia. She also co-authors BVP’s State of the Cloud annual report with Bessemer partners Byron Deeter and Kristina Shen.

“Anna was one of the earliest believers in Intercom, and the reason we connected with Bessemer,” said Eoghan McCabe, founder and CEO of Intercom. “It has been awesome to see her grow into a talented investor and advisor. We’re proud to have her in our corner and as one of Intercom’s biggest evangelists.”

Based in San Francisco, Anna works closely with partner Byron Deeter and has helped with Bessemer’s investments in online learning platform Guild Education, popular esports company Team SoloMid (TSM) and enterprise SaaS optimization platform Zylo. She served as a board observer for Intacct until the company was acquired for $850 million by SAGE Group and currently serves as a board observer for Rainforest QA, Vidyard and Zylo.

“Anna and the Bessemer team were the perfect investors to lead our most significant round of financing,” said Eric Christopher, co-founder and CEO of Zylo. “As a software pioneer that helps companies manage their cloud investments more strategically, we wanted to team up with the best and brightest VCs in the SaaS and cloud software space. Anna’s knowledge and understanding of the cloud landscape made our decision an obvious one, and she continues to be an invaluable resource and advisor for us.”

Outside of Bessemer, Anna is the founder and chair of the incubator Launch X, which she launched in 2015 to help female entrepreneurs raise capital for their businesses. Among Anna’s distinctions, she has been named a World Economic Forum Global Shaper and a Forbes 30 Under 30 alumna.

“Anna is everything that up-and-coming investors should aspire to be. She is smart with high integrity and deep empathy for the entrepreneurial journey,” said Byron Deeter, partner at Bessemer Venture Partners. “Anna has certainly made her impact felt at Bessemer and beyond, and we’re excited for her to play an even bigger role at the firm.”

Before joining Bessemer, Anna was chief of staff to the CEO of 4INFO, a mobile advertising platform. She started her career as an investment manager at both Goldman Sachs and Morgan Stanley. Anna holds an MBA with distinction from Harvard Business School, where she was a Rock Center Fellow, and graduated with honors from Stanford University with degrees in science, technology and society (STS), English literature and political science.

Follow Anna on Twitter @annarchyy, check out her blog and connect with her on LinkedIn or Medium.

About Bessemer Venture Partners

Bessemer Venture Partners (BVP) is a $4.5B global venture capital firm that invests in consumer, enterprise and healthcare startups from seven offices around the world. One of the longest standing venture capital firms in the world, Bessemer invested in the early stages of Pinterest, Twitch, Blue Apron and Skype and has helped 122 of its companies go public, including SendGrid, Twilio, MindBody, Shopify, Wix, Yelp and LinkedIn. Follow us @BessemerVP.

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SOURCE Bessemer Venture Partners

InventHelp Inventor Develops AUTO-SHADE (KXX-131)

PITTSBURGH, Aug. 8, 2018 /PRNewswire/ – “I thought there could be a better way to block out the sun while driving in bright conditions,” said an inventor, from Seymour, Tenn., “so I invented the AUTO-SHADE.”

InventHelp Logo (PRNewsfoto/InventHelp)

The AUTO-SHADE offers an improved alternative to traditional vehicle window tints and shades. In doing so, it eliminates the need to adjust visors or wear sunglasses. As a result, it could enhance safety and comfort and it provides added peace of mind. The invention features a user-friendly design that is convenient and easy to use so it is ideal for vehicle owners. Additionally, the AUTO-SHADE is producible in design variations.

The inventor described the invention design. “My design could improve visibility and safety while driving.”

The original design was submitted to the Knoxville office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 17-KXX-131, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

 

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SOURCE InventHelp