If you are a ‘Game of Thrones’ fan, this app will teach you how to speak in High Valyrian

While only one character can speak native High Valyrian on “Game of Thrones,” viewers nationwide are picking up a few words and phrases from an unlikely source: Duolingo, the free language-learning app. High Valyrian isn’t the only fictional language Duolingo has to offer. That’s not the case when it comes to High Valyrian, where Peterson is a contributor and develops the courses for free. The origins of High Valyrian come from the book that inspired the show, written by George R.R. While users


While only one character can speak native High Valyrian on “Game of Thrones,” viewers nationwide are picking up a few words and phrases from an unlikely source: Duolingo, the free language-learning app. High Valyrian isn’t the only fictional language Duolingo has to offer. That’s not the case when it comes to High Valyrian, where Peterson is a contributor and develops the courses for free. The origins of High Valyrian come from the book that inspired the show, written by George R.R. While users
If you are a ‘Game of Thrones’ fan, this app will teach you how to speak in High Valyrian Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: noah higgins-dunn, source, george kavallines
Keywords: news, cnbc, companies, course, valyrian, thrones, speak, peterson, game, teach, created, develop, app, high, feinberg, fan, duolingo, language, languages


If you are a 'Game of Thrones' fan, this app will teach you how to speak in High Valyrian

“Skorverdon zaldrīzoti Daenerys ēza?”

Translation: How many dragons does Daenerys have? It’s not a ridiculous question if you’re a fan of the HBO hit series “Game of Thrones,” which returns for its eighth and final season on Sunday. The language? It’s called High Valyrian, the tongue of the ruined Valyrian Freehold empire, and it’s one of four languages created by linguist David J. Peterson spoken on the show.

While only one character can speak native High Valyrian on “Game of Thrones,” viewers nationwide are picking up a few words and phrases from an unlikely source: Duolingo, the free language-learning app.

Duolingo first offered lessons in High Valyrian in 2017 and, since then, 1.2 million people have started the course. In the last two weeks leading up to the premier of the final season, Duolingo has seen a near 65% increase in people taking the course, said Sam Dalsimer, a spokesman for Duolingo.

High Valyrian isn’t the only fictional language Duolingo has to offer. Star Trek fans can find Klingon, a language constructed by Marc Okrand and centered around spacecraft, warfare and weaponry.

To offer languages on Duolingo, the company usually relies on hundreds of volunteers and employees to develop course material and monitor users’ experiences. That’s not the case when it comes to High Valyrian, where Peterson is a contributor and develops the courses for free.

“We teach over 30 languages and most have thousands of people who speak them and are capable of helping us teach them.” Dalsimer said. “There’s only one person on planet Earth who knows the language, and that’s David Peterson.”

The origins of High Valyrian come from the book that inspired the show, written by George R.R. Martin. Peterson won a contest to develop the more common language used on “Game of Thrones” called Dothraki but was asked to build High Valyrian later in the series. His goal was to create a classic language that could give birth to many others, similar to Romance languages, and Peterson noted it had to fit with the names Martin created for the book, such as Daenerys, Viserys and Rhaella.

There are now 824 words of High Valyrian that users can learn on Duolingo, and that number continues to grow. Peterson said there are now 2,000 words in the full version of the language he maintains.

“With every single language I create I keep working on it for the rest of my life or until I’m not happy with it,” said Peterson, who has created more than 50 languages. “It will basically just be another one of my languages, it’s not like it’s going to get any special treatment.”

When Peterson first encountered Duolingo, he felt it could revolutionize the way people learned languages. It had a great interface, it was free and, as a linguist, it’s the dream for people like him to create languages people would have access to, although he didn’t foresee how popular High Valyrian would become.

Today, High Valyrian has 822,000 active learners, or those who have used the course in the last 12 months. That’s more than Czech, Norwegian, Vietnamese and Hungarian.

“I imagined it would attract casual interest, but I never imagined there would be that many people who would actually be interested in taking the course,” Peterson said.

There is one statistic Peterson is particularly proud of: 44% of users who came to Duolingo to learn High Valyrian went on to practice other languages. While users may not perfect High Valyrian, Peterson sees the language as a “gateway drug” to learners discovering other cultures.

“As we become more economically focused, people view language as a tool as opposed to an art piece in and of itself or cultural history,” Peterson said.

More than 40% of the world speaks one of eight languages, although there are more than 7,000 worldwide. UNESCO, The United Nations Educational, Scientific and Cultural Organization, has labeled 2,680 languages in danger as it celebrates the International Year of Indigenous Languages, designed to raise awareness to disappearing languages.

“It’s nice that the UN is putting this emphasis on indigenous languages because people need to start addressing this issue,” Peterson said. “We’re losing them and we’re losing them quickly, and once they’re lost, they’re lost.”

Duolingo has worked with communities and volunteers like Peterson to develop courses in endangered languages, such as offering lessons in Hawaiian, Irish and Navajo, Dalsimer said.

“Those courses are driven entirely by volunteer contributors and for them it’s more about a desire to preserve their language and their culture because they see it as being endangered, and it is,” Dalsimer said. “Languages die every year and Duolingo can help them preserve it.”

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“I remember thinking that if David Peterson ever taught the ‘Game of Thrones’ language I would definitely check it out,” said Andrew Feinberg, a volunteer for Duolingo who has used the app since its beta version nearly seven years ago.

Except when Duolingo announced it would offer High Valyrian courses, Feinberg thought it was a joke. He helped Duolingo develop its Norwegian and Japanese platforms, and he’s witnessed the company’s pranks in the past, like when it offered pirate and zombie languages.

But Feinberg noticed the only contributor to the course was Peterson. That’s when he realized it wasn’t a joke.

Peterson, dubbed by the Los Angeles Times as “Hollywood’s go-to language guy” has created languages for many film and television projects, including the movies “Thor: The Dark World” and “Doctor Strange.”

“I had sort of stalked him on YouTube and watched all those videos on how he created those languages,” Feinberg said. “I was really excited for it. I knew that he was a serious linguist who had complimented Duolingo before.”

Now Feinberg manages learning groups on Facebook for Japanese, Chinese, Norwegian and, a day after its introduction, High Valyrian, which has amassed over 200 members learning alongside Peterson himself, who encourages people to use and develop the language in conversation with each other even if that means moving beyond what he imagined.

“It’s always a little different since I did create High Valyrian and, in a sense, there is an arbiter to determine what is right and what is wrong,” Peterson said. “But as long as I’m here I feel like not only do I want to, but I should be there to try to help people out.”


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: noah higgins-dunn, source, george kavallines
Keywords: news, cnbc, companies, course, valyrian, thrones, speak, peterson, game, teach, created, develop, app, high, feinberg, fan, duolingo, language, languages


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Why liberal billionaire Warren Buffett won’t be big fan of buyback war

Other billionaires and Wall Street figures associated with at least some liberal policy ideas have questioned the recent economic proposals from the Democratic Party. Some comments Buffett has made in the past reveal his thinking on a few of the issues tied up in the buyback proposal. He wrote it was clear that the wealth gap was growing, but “The poor are most definitely not poor because the rich are rich. When it comes to the Democratic senators’ buyback proposal, the structure of Berkshire Ha


Other billionaires and Wall Street figures associated with at least some liberal policy ideas have questioned the recent economic proposals from the Democratic Party. Some comments Buffett has made in the past reveal his thinking on a few of the issues tied up in the buyback proposal. He wrote it was clear that the wealth gap was growing, but “The poor are most definitely not poor because the rich are rich. When it comes to the Democratic senators’ buyback proposal, the structure of Berkshire Ha
Why liberal billionaire Warren Buffett won’t be big fan of buyback war Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: eric rosenbaum, adam jeffery, -warren buffett, wall street journal op-ed
Keywords: news, cnbc, companies, tax, war, rich, income, buffett, berkshire, street, fan, ideas, buyback, hathaway, wall, billionaire, poor, liberal, wont, proposal, warren, big


Why liberal billionaire Warren Buffett won't be big fan of buyback war

Other billionaires and Wall Street figures associated with at least some liberal policy ideas have questioned the recent economic proposals from the Democratic Party. Former Goldman Sachs CEO Lloyd Blankfein attacked the buyback proposal this week. Former New York City Mayor and Wall Street billionaire Michael Bloomberg and Starbucks founder Howard Schultz are considering independent runs for president based on the idea that the center of the political spectrum is being neglected by both right and left.

Some comments Buffett has made in the past reveal his thinking on a few of the issues tied up in the buyback proposal. Buffett wrote in an op-ed for the Wall Street Journal in 2015 that there were better ideas than raising the minimum wage to $15 to help the poor in this country, such as expanding the Earned Income Tax Credit. He wrote it was clear that the wealth gap was growing, but “The poor are most definitely not poor because the rich are rich. Nor are the rich undeserving.”

He went on to write, “We should wish, in our rich society, for every person who is willing to work to receive income that will provide him or her a decent lifestyle. Second, any plan to do that should not distort our market system, the key element required for growth and prosperity. That second goal crumbles in the face of any plan to sizably increase the minimum wage.”

His views on personal income taxes and the EITC show a preference for the tax code as a way to reduce economic inequality.

Two leading think tanks on the left and right recently joined together in an effort to figure out how to find common ground and economically improve life in America. The Brookings Institution and American Enterprise Institute recommended in their November 2018 report, “Work, Skills, Community: Restoring Opportunity for the Working Class,” an expansion of the Earned Income Tax Credit, which was already expanded during the Bush and Obama administrations, among other policy ideas, and they suggested a higher estate tax as one of the methods to pay for it.

When it comes to the Democratic senators’ buyback proposal, the structure of Berkshire Hathaway shows how it might be a difficult idea to fairly implement across companies. Berkshire Hathaway is a conglomerate that owns many businesses operating in many sectors of the economy, from utilities to private jets, fast food restaurants, candy makers, clothing companies and grocery suppliers, but those businesses are operated and managed independently. Buffett has always made clear that he does not believe it is his business to tell someone else how to run their business. Berkshire Hathaway has hundreds of thousands of employees across these affiliated companies, but at its own headquarters, Berkshire directly employs only a few dozen people.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: eric rosenbaum, adam jeffery, -warren buffett, wall street journal op-ed
Keywords: news, cnbc, companies, tax, war, rich, income, buffett, berkshire, street, fan, ideas, buyback, hathaway, wall, billionaire, poor, liberal, wont, proposal, warren, big


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‘Trumponomics’ writer Art Laffer: I am a ‘huge fan’ of Fed chief Powell’s handling of interest rates

Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday. “I’m a huge fan of Powell’s,” said Laffer, formerly an economic advisor to presidents Trump and Ronald Reagan. The Fed later this month is expected to raise rates for the fourth time this year. Powell last Wednesday said that rates are “just below” neutral, perhaps i


Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday. “I’m a huge fan of Powell’s,” said Laffer, formerly an economic advisor to presidents Trump and Ronald Reagan. The Fed later this month is expected to raise rates for the fourth time this year. Powell last Wednesday said that rates are “just below” neutral, perhaps i
‘Trumponomics’ writer Art Laffer: I am a ‘huge fan’ of Fed chief Powell’s handling of interest rates Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: matthew j belvedere
Keywords: news, cnbc, companies, fed, president, laffer, trumponomics, writer, powells, handling, fan, huge, told, powell, hes, rates, tax, trump, trade, interest


'Trumponomics' writer Art Laffer: I am a 'huge fan' of Fed chief Powell's handling of interest rates

Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday.

“I’m a huge fan of Powell’s,” said Laffer, formerly an economic advisor to presidents Trump and Ronald Reagan. “I think he’s done a great job in normalizing interest rates.”

Trump, who actually appointed Powell as Fed chief, has repeatedly railed against hiking rates too aggressively, blaming Powell most recently in a Washington Post interview last week for stock market declines and GM’s planned plant closures and layoffs.

The Fed later this month is expected to raise rates for the fourth time this year. But the path next year is up for debate. After its September rate hike, the Fed projected three rate increases into 2019. The current target range for the central bank’s benchmark federal funds rate, which banks charge each other for overnight lending, stands at 2 percent to 2.25 percent.

Trump’s Post interview on Nov. 27 came one day before Powell appeared to walk back his comments from Oct. 3 that rates were a “long way” from so-called neutral, which for October led to the worst monthly stock market losses in about seven years.

Powell last Wednesday said that rates are “just below” neutral, perhaps indicating that concerns about much higher rates may no longer be warranted. The market then rallied three out of the next four sessions.

On Monday, which saw stocks on a two-session winning streak, Treasury Secretary Steven Mnuchin told CNBC that the president was pleased with Powell’s latest speech.

However, on Tuesday, the Dow Jones Industrial Average tanked nearly 800 points, or 3 percent. It was the biggest decline since October’s rout as investors worried about a bond-market phenomenon that’s historically signaled a possible economic slowdown. Lingering worries around U.S.-China trade were also to blame. The Dow and S&P 500 were able to stay out of a correction. But Tuesday’s decline sent the Nasdaq back into correction territory.

Co-author of the book, “Trumponomics: Inside the America First Plan to Revive Our Economy,” Laffer said he’s “very optimistic” about the economy, describing the Trump tax cuts as “kicking in beautifully.” The Laffer Curve, named after the economist, is a theory that basically argues that increasing tax rates beyond a certain point becomes counter-productive for raising tax revenue — and that when taxes are too high, tax revenues actually sink.

Laffer said he hopes the administration tackles runway government spending as its next agenda item. “If it is, I don’t see any reason for a recession. I think we’re going to continue on a long prosperous path with the sky’s the limit.”

On CNBC Tuesday, Commerce Secretary Wilbur Ross said the U.S. economy is in good shape. He blamed the media for stoking worries about a slowdown.

However, Laffer said he’s concerned about the uncertainty surrounding U.S. trade relations with China. “Watching all this play out in real time is terrifying to me.”

Over the weekend, Trump and Chinese President Xi Jinping reached a truce in their bilateral trade war, agreeing to a 90-day period of no new tariffs on each other’s goods as talks continue.

Mnuchin told CNBC Monday he’s hopeful the Trump-Xi trade cease-fire can be turned into a “real agreement” to address what the president feels are unfair trade practices by the Chinese. Ross said on CNBC Tuesday that Trump got “very good” assurances from Xi on trade.

(The New York Stock Exchange and the Nasdaq were closed Wednesday for the funeral of George H.W. Bush, the nation’s 41st president. They reopen Thursday on a normal schedule. U.S. stocks futures, which closed at 9:30 a.m. ET, reopen Wednesday evening at 6 p.m. ET.)


Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: matthew j belvedere
Keywords: news, cnbc, companies, fed, president, laffer, trumponomics, writer, powells, handling, fan, huge, told, powell, hes, rates, tax, trump, trade, interest


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Cramer’s lightning round: I’m not a fan of Netflix’s stock as an end-of-year buy

Netflix Inc.: “Candidly, I’m not a fan of Netflix. I’m not a fan of Netflix because I think that a lot of it depends on the content and I just don’t find the content as compelling as it once was. Cytokinetics Inc.: “Very speculative, but I’ll endorse it as long as you understand that that thing is literally one of the most speculative stocks out there.” I mean, far be it from me to disagree with the market’s view, but I liked the quarter. I think it represents good value with a 4 percent yield,


Netflix Inc.: “Candidly, I’m not a fan of Netflix. I’m not a fan of Netflix because I think that a lot of it depends on the content and I just don’t find the content as compelling as it once was. Cytokinetics Inc.: “Very speculative, but I’ll endorse it as long as you understand that that thing is literally one of the most speculative stocks out there.” I mean, far be it from me to disagree with the market’s view, but I liked the quarter. I think it represents good value with a 4 percent yield,
Cramer’s lightning round: I’m not a fan of Netflix’s stock as an end-of-year buy Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, stock, netflixs, dont, liked, ill, round, stocks, fan, netflix, speculative, growth, lightning, endofyear, quarter, im, buy, think, cramers, slowdown


Cramer's lightning round: I'm not a fan of Netflix's stock as an end-of-year buy

Netflix Inc.: “Candidly, I’m not a fan of Netflix. I’m not a fan of Netflix because I think that a lot of it depends on the content and I just don’t find the content as compelling as it once was. I think it’s a good story, but not a great story, because it’s up so much for the year and that’s been a real big determinant about how stocks are doing right now.”

Cytokinetics Inc.: “Very speculative, but I’ll endorse it as long as you understand that that thing is literally one of the most speculative stocks out there.”

Yeti Holdings Inc.: “Yeah, I think [its post-earnings dip is a buying opportunity]. I actually liked the quarter. I mean, far be it from me to disagree with the market’s view, but I liked the quarter. I think it’s OK. The market liked the PepsiCos and the Gileads this week, and the Celgenes.”

The Kraft Heinz Co.: “[What’s not to love?] Well, the fact that it has no growth whatsoever. But I’ll do this for you: I’ll say that if you want to hope that they somehow manage to get some growth, then you can buy it. But if I want no growth, I want safety and I want a bond.”

Chico’s FAS Inc.: “No. Don’t ask me about Chico’s. That was a horrible quarter, frankly. I mean, that may have been the worst of the mall-based stores. No, well, obviously there’s Sears and J.C. Penney, but it was a bad call. I don’t want you in that, OK?”

LyondellBasell Industries NV: “People feel that we’re going into a big slowdown and you don’t want to own a chemical company into a slowdown, but I agree with you. I think it represents good value with a 4 percent yield, but I do prefer DowDuPont.”


Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, stock, netflixs, dont, liked, ill, round, stocks, fan, netflix, speculative, growth, lightning, endofyear, quarter, im, buy, think, cramers, slowdown


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Cleveland Browns deny Condoleezza Rice in the running for coaching gig

Cleveland Browns general manager John Dorsey denied the team has discussed interviewing former Secretary of State Condoleezza Rice for the Browns’ head coaching job on Sunday. Dorsey issued the statement after a report from ESPN’s Adam Schefter said the team was hoping to interview Rice. “Former Secretary of State Condoleezza Rice is a great leader, possesses the highest possible character and also happens to be a Browns fan,” Dorsey said. Our coaching search will be thorough and deliberate, but


Cleveland Browns general manager John Dorsey denied the team has discussed interviewing former Secretary of State Condoleezza Rice for the Browns’ head coaching job on Sunday. Dorsey issued the statement after a report from ESPN’s Adam Schefter said the team was hoping to interview Rice. “Former Secretary of State Condoleezza Rice is a great leader, possesses the highest possible character and also happens to be a Browns fan,” Dorsey said. Our coaching search will be thorough and deliberate, but
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Company: cnbc, Activity: cnbc, Date: 2018-11-18  Authors: getty images
Keywords: news, cnbc, companies, secretary, running, browns, team, state, deny, coaching, fan, cleveland, gig, condoleezza, rice, dorsey, youtube


Cleveland Browns deny Condoleezza Rice in the running for coaching gig

Cleveland Browns general manager John Dorsey denied the team has discussed interviewing former Secretary of State Condoleezza Rice for the Browns’ head coaching job on Sunday.

Dorsey issued the statement after a report from ESPN’s Adam Schefter said the team was hoping to interview Rice.

“Former Secretary of State Condoleezza Rice is a great leader, possesses the highest possible character and also happens to be a Browns fan,” Dorsey said. “I have the utmost respect and admiration for all she’s accomplished and was honored to meet her for the first time earlier this season. Our coaching search will be thorough and deliberate, but we are still in the process of composing the list of candidates and Secretary Rice has not been discussed.”

Rice is a longtime fan of the Browns. She joined owners Dee and Jimmy Haslam on the field in Oakland on Sept. 30 when the Browns were in town to play the Raiders.

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Company: cnbc, Activity: cnbc, Date: 2018-11-18  Authors: getty images
Keywords: news, cnbc, companies, secretary, running, browns, team, state, deny, coaching, fan, cleveland, gig, condoleezza, rice, dorsey, youtube


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Fierce winds fan California wildfires, more than 200 missing

Fierce, dry winds were expected to fan the flames of deadly wildfires burning in California on Monday, heightening the risk of fresh blazes from scattered embers as investigators searched for more than 200 people who were unaccounted for in one of the fires. Both fires have been whipped up by hot dry winds expected to continue through Tuesday evening, according to officials. Its death toll of 29 equals that of the Griffith Park Fire in 1933, the deadliest wildfire on record in California. In sou


Fierce, dry winds were expected to fan the flames of deadly wildfires burning in California on Monday, heightening the risk of fresh blazes from scattered embers as investigators searched for more than 200 people who were unaccounted for in one of the fires. Both fires have been whipped up by hot dry winds expected to continue through Tuesday evening, according to officials. Its death toll of 29 equals that of the Griffith Park Fire in 1933, the deadliest wildfire on record in California. In sou
Fierce winds fan California wildfires, more than 200 missing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: justin sullivan, getty images
Keywords: news, cnbc, companies, fierce, southern, missing, power, wildfire, 200, expected, woolsey, fan, record, winds, states, wildfires, california


Fierce winds fan California wildfires, more than 200 missing

Fierce, dry winds were expected to fan the flames of deadly wildfires burning in California on Monday, heightening the risk of fresh blazes from scattered embers as investigators searched for more than 200 people who were unaccounted for in one of the fires.

The so-called Camp Fire, the state’s most destructive blaze on record, had left at least 228 people missing as of early Monday, according to Kory Honea, sheriff of northern California’s Butte County, site of the fire. It and one in the state’s south have killed at least 31 people.

Both fires have been whipped up by hot dry winds expected to continue through Tuesday evening, according to officials.

The Camp Fire, 40 miles north of Sacramento, burned down more than 6,700 homes and businesses in the town of Paradise, more structures than any other wildfire recorded in California.

The fire had scorched more than 111,000 acres and was 25 percent contained by late Sunday, officials said. Its death toll of 29 equals that of the Griffith Park Fire in 1933, the deadliest wildfire on record in California.

In southern California, the Woolsey Fire had forced authorities to issue evacuation orders for a quarter million people in Ventura and Los Angeles counties and beachside communities including the Malibu beach colony. But by Sunday night parts of the two counties were reopened.

The number of people missing in the Woolsey Fire was not immediately available.

Many of those allowed to return were left without power or cellphone service, even if their homes were spared by the flames.

Wind gusts of up to 60 miles per hour (100 km) were expected in the mountains, valleys and canyons of Southern California, raising the possibility of downed power lines and trees. This, in combination with low humidity, was expected to create the perfect conditions for fires to spread.


Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: justin sullivan, getty images
Keywords: news, cnbc, companies, fierce, southern, missing, power, wildfire, 200, expected, woolsey, fan, record, winds, states, wildfires, california


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China cracks down on celebrity hype and fake click-through rates

Chinese broadcasters and online entertainment sites should avoid celebrity hype and crack down on fake audience and click-through rates, state media quoted the National Radio and Television Administration as saying. Some programs overpaid celebrities, destroying industry order and leading teenagers into worshiping stars and money, Xinhua news agency said, citing the administration. Radio and television stations, along with online audio-visual service providers, should scrap vulgar content, promo


Chinese broadcasters and online entertainment sites should avoid celebrity hype and crack down on fake audience and click-through rates, state media quoted the National Radio and Television Administration as saying. Some programs overpaid celebrities, destroying industry order and leading teenagers into worshiping stars and money, Xinhua news agency said, citing the administration. Radio and television stations, along with online audio-visual service providers, should scrap vulgar content, promo
China cracks down on celebrity hype and fake click-through rates Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-10  Authors: loic venance, afp, getty images
Keywords: news, cnbc, companies, rates, reality, state, celebrity, online, cracks, fan, providers, million, fake, hype, pay, china, television, entertainment, clickthrough, shows


China cracks down on celebrity hype and fake click-through rates

Chinese broadcasters and online entertainment sites should avoid celebrity hype and crack down on fake audience and click-through rates, state media quoted the National Radio and Television Administration as saying.

The edict comes after Beijing ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in taxes and fines, spurring widespread discussion on the moral health of China’s film industry.

Some programs overpaid celebrities, destroying industry order and leading teenagers into worshiping stars and money, Xinhua news agency said, citing the administration.

Radio and television stations, along with online audio-visual service providers, should scrap vulgar content, promote core socialist values and keep children away from entertainment and reality shows, it said.

The providers should also cut down on game shows, reality shows and singing contests that feature celebrities.

In a letter posted on her official account on the Twitter-like platform Weibo last month, Fan said she would overcome “all difficulties” to pay her penalties.

“I’m ashamed of my behavior and I apologize here to everyone,” Fan wrote. “Every bit of my achievement is inseparable from the support of the state and the people. Without the good policies of the Communist Party and the state, without the love of the people, there is no Fan Bingbing.”


Company: cnbc, Activity: cnbc, Date: 2018-11-10  Authors: loic venance, afp, getty images
Keywords: news, cnbc, companies, rates, reality, state, celebrity, online, cracks, fan, providers, million, fake, hype, pay, china, television, entertainment, clickthrough, shows


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Chinese star Fan Bingbing fined in high-profile tax evasion case

China’s taxation authorities fined A-list Chinese movie star Fan Bingbing more than 479 million yuan ($69.74 million) over tax evasion and ordered her to pay back more than 255 million yuan in taxes, state news agency Xinhua said on Wednesday. Fan appeared in the “X-Men” and “Iron Man” film franchises with more than 62 million followers online in China. She dropped off the radar in June amid reports she was involved in an investigation into tax evasion in the film industry. Reuters was unable to


China’s taxation authorities fined A-list Chinese movie star Fan Bingbing more than 479 million yuan ($69.74 million) over tax evasion and ordered her to pay back more than 255 million yuan in taxes, state news agency Xinhua said on Wednesday. Fan appeared in the “X-Men” and “Iron Man” film franchises with more than 62 million followers online in China. She dropped off the radar in June amid reports she was involved in an investigation into tax evasion in the film industry. Reuters was unable to
Chinese star Fan Bingbing fined in high-profile tax evasion case Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-03
Keywords: news, cnbc, companies, bingbing, fan, case, million, yuan, star, evasion, tax, chinese, xinhua, online, pay, reports, film, fined, highprofile


Chinese star Fan Bingbing fined in high-profile tax evasion case

China’s taxation authorities fined A-list Chinese movie star Fan Bingbing more than 479 million yuan ($69.74 million) over tax evasion and ordered her to pay back more than 255 million yuan in taxes, state news agency Xinhua said on Wednesday.

Fan appeared in the “X-Men” and “Iron Man” film franchises with more than 62 million followers online in China. She dropped off the radar in June amid reports she was involved in an investigation into tax evasion in the film industry.

Her vanishing act sparked wild speculation in China about her fate, including reports she had been detained.

A Chinese TV anchor was widely reported in May to have posted tax-dodging pay agreements online known as “yin-yang” contracts – one setting out the real agreed payment terms and a second with a lower figure for the tax authorities – that appeared to implicate Fan.

Reuters was unable to contact Fan or her agent when inquiring about those reports.

The Jiangsu provincial tax bureau delivered its judgments to Fan on Sunday, Xinhua said. There was no immediate comment from Fan or a representative for the actor.


Company: cnbc, Activity: cnbc, Date: 2018-10-03
Keywords: news, cnbc, companies, bingbing, fan, case, million, yuan, star, evasion, tax, chinese, xinhua, online, pay, reports, film, fined, highprofile


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Victor Goossens founded esports champion Team Liquid as a fan website

“That community site, between 2002 and 2010, was actually the way the Team Liquid name built and grew,” Goossens says. Instead, he returned to the Netherlands and continued running the Team Liquid website while also making a living as a professional poker player. And in 2015 Team Liquid merged with the esports franchise Team Curse. Team Liquid has taken home more prize money than any other team — more than $21 million, according to an esports tracking site. In fact, Team Liquid player Jake “Poac


“That community site, between 2002 and 2010, was actually the way the Team Liquid name built and grew,” Goossens says. Instead, he returned to the Netherlands and continued running the Team Liquid website while also making a living as a professional poker player. And in 2015 Team Liquid merged with the esports franchise Team Curse. Team Liquid has taken home more prize money than any other team — more than $21 million, according to an esports tracking site. In fact, Team Liquid player Jake “Poac
Victor Goossens founded esports champion Team Liquid as a fan website Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-21  Authors: tom huddleston jr, source, team liquid, david chen dell
Keywords: news, cnbc, companies, players, professional, champion, money, tournaments, esports, victor, team, fan, starcraft, goossens, founded, liquid, gaming, website, poker


Victor Goossens founded esports champion Team Liquid as a fan website

For the first several years of its existence, Team Liquid remained an online community dedicated to “StarCraft” and the fledgling video game tournaments that were cropping up at the time. “That community site, between 2002 and 2010, was actually the way the Team Liquid name built and grew,” Goossens says. “And all of those years they were entirely voluntary, hobby, passion.”

In fact, the Team Liquid site boasted a network of roughly 100 volunteers, who performed tasks like writing about “StarCraft” and moderating discussion forums. But the site only brought in revenue of about $400 a month, Goossens says, which is why he needed to recruit volunteers who were passionate about the game.

Meanwhile, Goossens was trying to further his own career as a professional gamer.

“When I was 19, I finished high school and I moved to Korea and I lived there for six months being a professional gamer, playing on Korean television,” Goossens says. “And, after six months… financially, it’s not a great career those years.”

He wasn’t making enough money to keep going as a professional “StarCraft” player in South Korea. Even with the game’s growing popularity, many of the tournaments were still only paying $50 to $100 to winners in the early-2000s, Goossens says. Instead, he returned to the Netherlands and continued running the Team Liquid website while also making a living as a professional poker player.

“It’s the same gaming and competitive drive that brought me to ‘StarCraft’ and my focus there, and it transitions very well to poker,” Goossens says of his career playing online poker between 2004 and 2010. While he will not reveal how much money he was making as a poker player, Goossens says it was “pretty lucrative” and it was enough to support him at the time.

He only quit playing poker after six years when Blizzard Entertainment released “StarCraft II” in 2010, with the sequel game triggering a resurgence of interest in the franchise at a time when the esports industry had grown to the point where Goossens felt it was time to return to professional gaming.

Team Liquid began recruiting its first professional players, aside from Goossens, and entering tournaments where the prize money had “definitely jumped up” since the early-2000s, he says. The biggest tournaments at the time offered cash prizes in the range of tens of thousands of dollars, he says.

To be fair, Goossens says he was feeling burned out playing poker after six years anyway — and he’d always maintained his passion for gaming and the “StarCraft” franchise, so the decision to go all in on gaming wasn’t necessarily motivated by money. “Just the fact that something was there and it was growing, that was enough motivation for me,” he says.

“Even those first few years, 2010 to 2012, of ‘StarCraft II,’ there was not much money involved there. You’re talking about the entire revenue of our company those years was less than what top players are getting paid per year today,” Goossens says, adding that the revenue figure at the time was “way under” $1 million, and more in the ballpark five to six figures.

(Goossens won only €100 for finishing first in a 2010 Steelseries Benelux StarCraft II tournament, while Team Liquid teammate Jonathan “Jinro” Walsh took home $6,250 the same year for winning a Major League Gaming tournament in Dallas.)

It soon became clear that the best way to capitalize on esports’ growing popularity was to diversify Team Liquid’s focus beyond “StarCraft.” In 2012, Team Liquid signed its first players for Valve Corporation’s “Dota 2,” in which teams of players battle each other in the form of fantasy characters wielding axes, swords and magical spells. (The current five-man roster joined Team Liquid three years later.)

And in 2015 Team Liquid merged with the esports franchise Team Curse. That move added teams focused on the games “League of Legends,” “Street Fighter” and “Super Smash Bros” to the Team Liquid banner, while Team Curse founder Steve “LiQuiD112” Arhancet is now co-CEO along with Goossens.

In 2016, a group of high-profile investors bought control of Team Liquid through the parent company aXiomatic, led by Golden State Warriors co-owner Peter Guber, Washington Wizards owner Ted Leonsis and Tampa Bay Lightning owner Jeff Vinik. In May, aXiomatic raised another $25 million in funding, bringing its investment total to roughly $41.5 million over the past year.

Esports brought in an estimated $1.5 billion in 2017, according to gaming industry researcher SuperData, and Team Liquid has emerged as one of the biggest gaming franchises in the world. Today, Team Liquid has more than 70 players who compete in tournaments for more than a dozen different video games, from “Dota 2” to “Counter-Strike: Global Offensive” and even EA Sports’ “FIFA” franchise. Goossens himself has retired from competition to focus on running Team Liquid with Arhancet.

Team Liquid has taken home more prize money than any other team — more than $21 million, according to an esports tracking site. In June, Team Liquid announced its addition of five new players to compete in tournaments for the massively popular multi-player online survival game “Fortnite.” The game’s rapid spike in popularity since debuting in 2017 has been “really cool to see,” says Goossens.

The fact that “Fortnite” developer Epic Games announced a whopping $100 million prize pool in May for its first professional tournament, an esports record, made it almost imperative that the leading esports franchises start fielding their own competitive “Fortnite” teams. In fact, Team Liquid player Jake “Poach” Brumleve already won a weekly “Fortnite” event on August 10 to share a $75,000 prize.

While Goossens would not share Team Liquid’s overall revenue figures, he did say that the most important part of the franchise’s business is currently its partnerships with sponsors, including Amazon’s Twitch, beverage company Monster Energy and gaming hardware companies like AlienWare and HyperX.

In fact, AlienWare partnered with aXiomatic to build Team Liquid’s 8,000-square-foot, $1.5 million training facility in Los Angeles, which opened in March. The team’s AlienWare Training Facility features state-of-the-art gaming PCs and other hardware from AlienWare in players’ training rooms, as well as an on-site chef and cafeteria for the players and a production studio for Team Liquid’s content production company, 1UP Studios.


Company: cnbc, Activity: cnbc, Date: 2018-08-21  Authors: tom huddleston jr, source, team liquid, david chen dell
Keywords: news, cnbc, companies, players, professional, champion, money, tournaments, esports, victor, team, fan, starcraft, goossens, founded, liquid, gaming, website, poker


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Italian soccer giant Juventus switches to an online channel in a bid to grab a global fan base

Italian soccer club Juventus launched a digital channel, replacing its traditional TV station which has closed after 12 years in the wake of disappointing ratings and high running costs. Club members can access the service for 2.99 euros ($3.50) per month or 14.99 euros annually, while non-members will be charged 3.99 euros per month and 19.99 euros for the year. From this weekend U.K.-based fans of Ronaldo and his new team will also get the chance to sample Italian soccer coverage from broadcas


Italian soccer club Juventus launched a digital channel, replacing its traditional TV station which has closed after 12 years in the wake of disappointing ratings and high running costs. Club members can access the service for 2.99 euros ($3.50) per month or 14.99 euros annually, while non-members will be charged 3.99 euros per month and 19.99 euros for the year. From this weekend U.K.-based fans of Ronaldo and his new team will also get the chance to sample Italian soccer coverage from broadcas
Italian soccer giant Juventus switches to an online channel in a bid to grab a global fan base Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-15  Authors: adam reed, marco luzzani, getty images
Keywords: news, cnbc, companies, online, juventus, giant, switches, fan, italian, euros, ronaldo, channel, network, month, global, grab, player, soccer, fans


Italian soccer giant Juventus switches to an online channel in a bid to grab a global fan base

Italian soccer club Juventus launched a digital channel, replacing its traditional TV station which has closed after 12 years in the wake of disappointing ratings and high running costs.

By taking the content online, the Serie A club wants to offer more opportunities for fans to keep up to date from smartphone, tablet and desktop services as the new soccer season begins.

Club members can access the service for 2.99 euros ($3.50) per month or 14.99 euros annually, while non-members will be charged 3.99 euros per month and 19.99 euros for the year.

It’s the latest sign from Juventus that it is taking steps to be recognized as a global brand, having also signed star player Cristiano Ronaldo during the summer transfer window for 100 million euros.

Five-time world player of the year Ronaldo is expected to make his league debut on Saturday, highlights of which will then be available on the new platform. As well as match action from subsequent Serie A fixtures, UEFA Champions League, and Coppa Italia, with real-time statistics and “multi-cam experience” allowing fans more interaction.

The variety available also extends to exclusive player content and the “behind the scenes” footage, as well as and pre and post-match build-up live from the club’s Allianz Stadium.

Juventus is known as “The Old Lady” of Italian football and classic matches and exclusive legends footage will also be a draw for nostalgic fans. Meanwhile, for younger supporters, there will also be a special children’s section.

It’s not the first time this year Juventus has pivoted toward an online audience. In February, it premiered its Netflix documentary “First Team: Juventus,” which followed the season as it went on to win a seventh straight league title.

From this weekend U.K.-based fans of Ronaldo and his new team will also get the chance to sample Italian soccer coverage from broadcaster Eleven Sports Network. The streaming platform will show one Italian top flight soccer match a week live, and for free, on Facebook. The first match to be shown will be Ronaldo’s debut for Juventus. Eleven Sports Network will also show matches from Spain’s La Liga after purchasing rights from BT and Sky.

As part of its push into Britain and Ireland, Eleven Sports Network said last week it had made Facebook its free-to-air partner to host matches involving clubs such as Real Madrid, Barcelona, Juventus and Napoli.

The vast majority of Eleven’s programming will be available on an app or online for £6.99 pounds ($8.90) per month, while the group is also in talks with other TV platforms. Tech groups have stepped up their focus on live-streaming sports in a bid to keep young viewers on their platforms.


Company: cnbc, Activity: cnbc, Date: 2018-08-15  Authors: adam reed, marco luzzani, getty images
Keywords: news, cnbc, companies, online, juventus, giant, switches, fan, italian, euros, ronaldo, channel, network, month, global, grab, player, soccer, fans


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