October 13, 2021

Chinese Billionaire Jack Ma ‘in Hong Kong’ After Media Investment Ban

Chinese tech billionaire Jack Ma is currently in Hong Kong, amid reports that he is in the process of divesting from a slew of media companies following calls for a ban on such investments by the ruling Chinese Communist Party (CCP) in Beijing, according to Reuters.

Ma, who founded the Alibaba Group, has been keeping a low profile since his criticism of China’s financial regulators in October 2020, which was quickly followed by the government pulling the plug on a planned U.S. $35 billion initial public offering (IPO) for Ma’s fintech Ant Group in Hong Kong.

Reuters quoted two people on Wednesday as saying that Ma is currently meeting with business associates in Hong Kong, where Alibaba holds the controlling stake in the English-language South China Morning Post (SCMP) newspaper.

While Ma was initially lionized by state media as a loyal entrepreneur and billionaire, his huge wealth and power are increasingly being seen as a threat to CCP rule, political commentators have told RFA.

Bloomberg and The Wall Street Journal reported earlier this year that Ma is under pressure from Chinese regulators to sell off Alibaba’s media assets, which include stakes in online news providers and newspapers including the SCMP, television production companies, social media and advertising.

Alibaba didn’t respond to requests for comment from RFA during office hours on Wednesday.

Ma was last photographed in public visiting greenhouses in the eastern province of Zhejiang, where Alibaba and Ant are headquartered. The following day, Ma pledged to invest 100 billion yuan (U.S. $15.5 billion) in CCP leader Xi Jinping’s “common prosperity” program aimed at easing social inequality.

Pulling out of media

While RFA was unable to confirm the report of Ma’s appearance in Hong Kong independently, the report comes amid growing reports of Alibaba’s divestment from the media industry.

On Sept. 23, Mango SuperMedia announced that Hangzhou Ali Ventures would transfer approximately 93.65 million shares in the company — representing its entire stake of around five percent — less than one year after acquiring them.

Chinese financial websites including NetEase Technology and Sohu reported on Oct. 12 that Ma’s Ant Group has sold all of its shares in Caixin Media after investing tens of millions of yuan in 2016.

Ant Group has now disappeared from the list of Caixin shareholders, Sohu reported, while Tencent holds 4.5655 percent of Caixin shares through the Shenzhen Litong Industrial Investment Fund.

Veteran political journalist Gao Yu said the move is likely linked to an Oct. 8 proposal by the State Development and Reform Commission to ban private investment in any media organizations.

“That was a fulfillment [of that directive],” Gao told RFA. “Jack Ma has been involved in the media industry for a long time.”

“He still owns the South China Morning Post in Hong Kong, [but] all media shares must now be turned over to state-owned investors,” she said.

Independent commentator Cai Shenkun said the CCP’s goal under general secretary Xi Jinping is to shrink the private sector at the expense of the state-owned sector of the economy.

“As for Jack Ma’s future, it could go two ways,” Cai said. “One is that he gives up all of those controlling stakes, because the leading role he once imagined for himself in his country’s future is not happening.”

“And it’s not just Jack Ma: all of these big businessmen will soon be history,” Cai said. “Even if he is in Hong Kong, that doesn’t mean that there’s any let-up, or that he can leave via Hong Kong.”

“It takes a while to boil a frog.”

Translated and edited by Luisetta Mudie.

October 13, 2021

US Denies Coverup Over Sub Collision in South China Sea

The United States is denying China’s accusation that it has been covering up a submarine collision that occurred earlier this month in the South China Sea.

On Monday, Chinese Foreign Ministry spokesman Zhao Lijian called the delay in releasing information about the incident an “irresponsible attitude and stonewalling and cover-up practice.”

When asked about the Chinese spokesman’s statement on Tuesday, U.S Department of Defense press secretary John Kirby said: “It’s an odd way of covering something up when you put out a press release about it.”

Kirby did not provide any additional detail of the incident on Oct. 2, saying it is a Navy matter.

Five days after the event, on Oct. 7 the U.S. Pacific Fleet issued a statement saying the Seawolf-class fast-attack submarine USS Connecticut (SSN 22) struck an unknown object while operating in “international waters in the Indo-Pacific region,” but there were no life-threatening injuries to the sailors.

It added that the sub’s “nuclear propulsion plant and spaces were not affected and remain fully operational.”

The submarine arrived at Naval Base Guam on Friday where it would undergo an assessment and preliminary repairs while the Navy investigates the collision, according to Associated Press news agency.

Meanwhile, the South China Sea Probing Initiative, a Beijing-based think tank, said that based on satellite imagery, the USS Connecticut was spotted in waters off the Paracel islands on Oct. 3, one day after the reported collision.

It suggested that the U.S. submarine could have been “assigned to guard the (aircraft carrier) USS Carl Vinson or to spy on PLA’s SSBNs” – Chinese army ballistic missile submarines.

While not commenting about the Chinese think tank’s suggestion, Rear Adm. James Goldrick, fellow at the naval research institute Sea Power Centre – Australia, said submarines have the right under the UN Law of the Sea to operate submerged anywhere in the seas outside the 12 nautical mile territorial limit of coastal states.

Sailors assigned to the Seawolf-class fast-attack submarine USS Connecticut (SSN 22) stand watch on the bridge after surfacing in the Arctic Circle during Ice Exercise (ICEX) March 7, 2020. Credit: U.S. Navy

China ramps up criticism

China has been vocal with its criticism of the delayed U.S. announcement of the incident, saying it only makes “the international community more suspicious of the U.S. intention.”

Beijing’s spokesman said the U.S. “should take a responsible attitude, give a detailed account of what happened as soon as possible and make a satisfactory explanation” of the incident’s location and whether it caused a nuclear leakage as well as marine pollution.

Alexander Neill, a defense and security consultant based in Singapore, said: “China is playing up the risks because of the AUKUS (Australia-U.K.-U.S. trilateral security pact) announcement.”

The tripartite defense partnership announced last month will help Australia develop nuclear submarines. It is widely viewed as a pushback against growing Chinese military power in the region. China has been calling the pact “extremely irresponsible,” and saying that AUKUS “seriously undermines regional peace and intensifies the arms race.”

“In the light of AUKUS and China’s anti-AUKUS narrative, this is a windfall for Beijing, perfect for the narrative that the U.S. and allies are nuclearizing the South China Sea and violating counter proliferation regimes,” Neill said.

But he said there was no nuclear leak or damage to the nuclear propulsion system of the USS Connecticut although there’s still little known about the cause of the collision.

Anonymous U.S. defense sources were quoted in media reports as saying at the weekend that 11 sailors were hurt in the incident.

Risky business

“Sub patrols are risky and sometimes dangerous, especially when subs are at periscope depth,” explained Neill, pointing out that “there is always the risk of hitting junk in the sea like wrecks or lost containers, or fishing vessels and even sea animals.”

In 2003, after surfacing in an ice pack between the North Pole and Alaska, the same USS Connecticut was stalked by a polar bear for 30 minutes. Luckily the bear only chewed briefly on the rudder and didn’t cause any damage to the submarine.

But some other submarine incidents proved fatal. The USS San Francisco struck a seamount near Guam at full speed in 2005, killing one sailor and injuring 24 others; and in 2001 the USS Greeneville collided with a Japanese ship in waters near Hawaii, killing nine Japanese fishermen.

“An Indonesian sub sank a few months ago and Singapore offered to send a rescue sub. If China or the U.S. had a similar accident would they help each other?” Neill asked.

“What if the U.S. sub hit a Chinese vessel and people died? That would be the recipe for fast escalation with China!”

According to the Singapore-based security expert, “this demonstrates that there is always a potential for unmanaged escalation in the submarine domain.”

“There should be protocols for unplanned encounters and incidents at sea.”

“It is up to a submarine itself to ensure it doesn’t hit anything,” Goldrick said, adding: “But, if there is an uncharted obstruction at the depth at which it is operating, then it may be practically impossible for a submarine running silently with no active sonar to detect it.”

Observers say the South China Sea has become a flashpoint of tensions between the U.S. and China and a potential conflict zone between the two powers.

China itself is very selective about publicizing its maritime activities in the South China Sea. Its excessive claims in those waters are not recognised by international law and rejected by neighboring states.

In 2009, a Chinese submarine collided with a sonar array being towed by the U.S. Navy destroyer USS John S. McCain near Subic Bay in the Philippines, causing damage to the sonar but no further details were provided.

China has the largest navy in the world including a dozen nuclear-powered submarines. This number is likely to increase to 21 by 2030, according to the U.S.’s Office of Naval Intelligence.

October 13, 2021

Mattermost Launches New Project and Workflow Management Solutions for Developers

Open source collaboration platform delivers alternatives to tools like Slack, Trello, and Notion to help R&D teams improve productivity and accelerate digital operations

Palo Alto, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) — Mattermost, Inc. today announced several new additions to its open source project at KubeCon® + CloudNativeCon North America 2021, launching and integrating modern project and workflow management solutions into its popular developer collaboration platform. Built for technical teams, Mattermost now provides flexible alternatives to tools like Slack®, Trello®, and Notion® through a unified platform for increased collaboration and productivity across a wide range of software development processes — from sprint planning and release management to incident resolution and retrospectives.

With heightened awareness around the urgency for remote collaboration and modernization of enterprise processes, developers have been increasingly asked to circumvent fragile processes, talent shortages, and security risks to deliver performance, innovation, and digital operations at scale. The newest update to the core Mattermost® platform emphasizes the complexities of these staggering objectives and the need for dynamic solutions that empower R&D teams with autonomy, flexibility, and security.

The launch of Mattermost’s modern project and workflow management solutions also reflects the company’s evolution beyond secure messaging to enable team alignment and operational agility across sophisticated R&D use cases. Unlike general collaboration products, the Mattermost platform now allows developers to contribute directly to its solutions and customize their workspaces to adapt to their preferred team processes. Mattermost also provides teams with the option to deploy on-premise or in a secure cloud instance. This gives companies more control over their data and assists them in meeting stringent security and privacy compliance standards such as those found in HIPAA, FINRA, GDPR, country-specific data sovereignty, and other regulatory requirements.

“As organizations navigate the shift to always-on digital operations, teams that effectively align their people, tools, and processes across each stage of the development lifecycle are increasing their velocity, improving delivery and gaining a strategic advantage,” said Ian Tien, co-founder and CEO of Mattermost. “With developers reporting that nearly 40% of their workweek is wasted due to tool fragmentation, manual tasks, fragile workflows, and service-impacting incidents and outages, we see a huge opportunity to help every R&D team in the world improve their operations and productivity with collaboration solutions built specifically for the way they work.”

Founded in 2016, Mattermost has powered over 800,000 developer workspaces worldwide and has a community of over 4,000 open source contributors who have updated the platform over 30,000 times since its initial release. Mattermost’s commercial offerings are used by over 800 organizations, including European Parliament, NASA, Nasdaq, Samsung, SAP, the United States Air Force, and Wealthfront.

“Mattermost has been unimaginably effective for our company and continues to exceed expectations with every new release,” said Daniel Gover, IT system administrator for Crossover Health. “The platform helps us ensure that we’re staying HIPAA-compliant while letting our clinicians collaborate efficiently and seamlessly.”

“Developer velocity is increasingly essential to driving digital operations and modernization across the enterprise,” said Paul Nashawaty, senior analyst for Enterprise Strategy Group. “Mattermost is helping to meet this requirement with a collaboration platform that reduces context switching and delivers visibility and control across the developer workflow and toolchain.”

This update to the Mattermost platform is now available to all users and features enhanced navigation and multiple tightly integrated collaboration tools, including:

Channels: The foundation of the Mattermost platform, Channels bring all of your team’s communication into one place, so you have complete visibility and control. Channels come with team messaging, conferencing, and file sharing features beyond general-purpose collaboration, including slash commands, code syntax highlighting, rich Markdown formatting, code snippets, and bot integrations.

Playbooks: Playbooks are prescribed workflows that streamline complex, recurring processes. Playbooks run side-by-side with Channels and make any structured process repeatable and predictable using checklists, triggers, automation, and tool integrations. Continuous improvement is built into each playbook with learnings and retrospectives.

Boards: Boards are Kanban-style task and project management solutions with clearly defined tasks, owners, checklists, and deadlines. Boards help teams increase transparency and keep all resources readily available, including documents, images, and links, and are used to help teams achieve project milestones and manage projects and tasks of any size.

Connections: Connections are integrations and extensions with leading developer tools, including GitHub®, Jenkins®, Circle CI®, GitLab®, Jira®, PagerDuty®, and ServiceNow®. Connections allow developers to turn any Channel into a CLI through built-in or custom commands to execute actions directly, such as posting to Channels, listening for new messages with incoming and outgoing webhooks. Developers can build Connections through custom apps, open APIs, plugins, and webhooks. The Mattermost App Framework allows developers to define custom interactive add-ons that support web, mobile, and desktop clients without changes. Apps can be written in any language, deployed on any HTTP server, or hosted as an AWS Lambda function.

Controls: Controls provide extensive data protection, information governance, eDiscovery, enterprise information archiving support, and identity/access management. Controls give administrators the ability to set granular permissions to control access to sensitive data and can be customized to meet your specific compliance requirements with fine-grained data retention, audit logs, the ability to programmatically archive and export records, and integration with Global Relay and Smarsh/Actiance for compliance, archiving, and analytics. Deployment options are available in on-prem or secure cloud environments to meet the strict requirements of GDPR, AICPA, CCPA, FINRA, HIPAA, and more.

To learn more about Mattermost’s developer collaboration platform, attendees can find the team at booth #S12 at KubeCon + CloudNativeCon North America 2021, or please visit the Mattermost Blog.

About Mattermost:

Mattermost is an open source platform for secure collaboration across the entire software development lifecycle. Hundreds of thousands of developers around the globe trust Mattermost to increase their productivity by bringing together team communication, task and project management, and workflow orchestration into a unified platform for agile software development.

Founded in 2016, Mattermost’s open source platform powers over 800,000 workspaces worldwide with the support of over 4,000 contributors from across the developer community. The company serves over 800 customers, including European Parliament, NASA, Nasdaq, Samsung, SAP, United States Air Force and Wealthfront, and is backed by world-class investors including Battery Ventures, Redpoint, S28 Capital, YC Continuity. To learn more, visit www.mattermost.com.

Mattermost and the Mattermost logo are registered trademarks of Mattermost, Inc. All other trademarks are the property of their respective owners.

Jeff Benanto
Mattermost
5083619001
jeff.benanto@mattermost.com

October 13, 2021

Brave14 Capital, a Venture Fund Raised by a High School Student, Launches With Top Investors From Throughout the US

Taarini Kaur Dang

FREMONT, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) — Brave14 Capital, L.P. is excited to announce that it has successfully raised $870,000 for its first Venture Capital (VC) fund. Brave14 Capital was launched by Taarini Kaur Dang, a high school senior in Silicon Valley. This is a unique fund because of its mission of changing the world using Venture Capital by investing in social impact and diverse companies. It is also unique because Taarini has raised capital from Institutional Limited Partners and topmost VCs who typically don’t even invest in first-time funds, let alone investing in a fund created by a high schooler or a college student.

Taarini incubated the idea for Brave14 Capital at the age of 14 years when she was in 8th grade. Taarini’s story of a young girl leveraging Venture Capital to change the world has resonated with several visionary and experienced investors and topmost Institutional Limited Partners. She has been able to attract funding from Ray Lane (Founding Managing Partner of GreatPoint Ventures, ex-Oracle President/COO and ex-KPCB General Partner), Nick Goldstein (Managing Director at Liberty Lane Partners), Ashok Krishnamurthi (Managing Partner of GreatPoint Ventures, a serial entrepreneur having sold two companies to Oracle and Roche Diagnostics, Former EVP Juniper Networks), Reshma Saujani (Founder and CEO of Girls Who Code), Nihal Mehta (Founding General Partner of Eniac Ventures), John Anderson (Founder and Senior Partner at Spring Creek Partners and the first LP in Kleiner Perkins in 1972), Anthony Annino (CEO of RiverRock Funds), et al.

Taarini has been driving several entrepreneurial and socially impactful activities since starting in middle school. At the age of 13, she wrote a book (The Young Aspiring Entrepreneur) on how to overcome age and gender barriers. The book has a foreword from ex-Intel Capital President Wendell Brooks and quotes from Ray Lane, UC San Diego Chancellor Pradeep Khosla, Stanford Associate Professor of Entrepreneurship Chuck Eesley, Intel’s Chief Diversity Officer Barbara Whye, and author Linda Swindling.

“After reading a draft of her book, I was so impressed that I asked her to speak at our next limited partner conference. The way she thinks about technology is kind of interesting to hear from people that are so young that they see things we don’t see as adults. Taarini breaks the mold because of her egalitarian and social impact mindset that brings a unique perspective to the world of Venture Capital. She epitomizes the new-age thinking that refuses to accept the status quo of gender inequality,” said Ray Lane (Founding Managing Partner of GreatPoint Ventures).

“In order to solve the world’s most pressing problems, we need investors like Taarini who are creative and innovative,” said Reshma Saujani (Founder and CEO of Girls Who Code) and Nihal Mehta (Founding General Partner of Eniac Ventures).

“What the world needs are more Taarinis. Her curiosity, drive, enthusiasm, and most of all her desire to make a difference is something for many to emulate. I am sure that she will set a new standard to investing,” said Ashok Krishnamurthi (Founding Managing Partner of GreatPoint Ventures).

“Taarini proves that nothing is impossible if you pursue it with passion. She brings a forward-looking mindset focused on identifying technology solutions that will impact the world,” said Nick Goldstein (Managing Director at Liberty Lane Partners).

“I am blessed to have very reputed investors who believe in the fund’s mission. I am extremely thankful to all the LPs who have put faith in me. My journey has just begun. I want to inspire more young women to enter the field of Venture Capital to fix the gender gap in the investment world. I want all young women not to be afraid to dream big, keep persevering, and not let rejections or biases distract them from their mission,” said Taarini.

Taarini’s journey to finally raising a VC fund has been challenging due to age and gender biases, but she didn’t give up. She has been a TEDx Speaker and has spoken at several top technology conferences like Google Female Founders Summit, Collision, TiECon, Women’s March, ATEA, AI ShowBiz Summit, etc. Taarini is the youngest person to win the Young American-Indian Award, which she received from the Indian Ambassador to the US Navtej Sarna for her work in Entrepreneurship in 2018. She has been featured by BBC as a teenager making a social impact. Taarini has also been featured by Nasdaq, Chicago News, Mercury News, and TV show Good Morning LaLa Land. In 2019, she was ranked in the Top 100 Women in Finance in India. She has been writing for Forbes regarding Artificial Intelligence.

Contact:

Taarini Kaur Dang

taarini@brave14capital.com

Related Images

Image 1: Taarini Kaur Dang

Youngest Venture Capitalist, High Schooler, Forbes Writer in AI, TEDx Speaker, and Women Empowerment Champion

This content was issued through the press release distribution service at Newswire.com.

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Taarini Kaur Dang

October 13, 2021

Informa Pharma Intelligence Partners with ICON to Launch an Integrated Predictive Analytic Solution for Clinical Trial Feasibility

The companies will combine their extensive expertise and data sets to enhance Citeline Study Feasibility and help clinical trial teams accelerate the time to first and last patient in

NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — Informa Pharma Intelligence, the global business intelligence provider for the biopharma industry, today announced its partnership with ICON plc, one of the world’s leading contract research organizations (CROs), to elevate its cutting-edge, predictive analytic solution for clinical trial feasibility planning — Citeline Study Feasibility.

Informa Pharma Intelligence will combine its best-in-class clinical trial and real-world data sets with ICON’s rich clinical trial activation, cycle time, performance, and quality data to train Citeline Study Feasibility’s predictive machine learning algorithms. Informa Pharma Intelligence’s product development and data science experts will also build additional capabilities into the Citeline Study Feasibility user interface based on ICON’s trusted guidance as a world leading CRO. Combining ICON and Informa Pharma Intelligence’s complementary data sets and expertise will hone the platform’s feasibility predictions, improve feasibility analysis workflows, help to accelerate clinical trial timelines, and further reduce non- and low-enrolling sites.

“A strong foundation of credible data is essential to refining any machine learning model. Informa Pharma Intelligence has decades of experience curating and enriching the industry’s most comprehensive, granular, and accurate data sets,” said Nicky Marlin, Chief Product and Technology Officer at Informa Pharma Intelligence. “We are honored that ICON recognized the potential in our strong data foundation, product development capabilities, and data science expertise. This partnership is an exciting step forward in our mission to provide the biopharma industry with one of the best analytic solutions for clinical trial feasibility.”

The predictions and capabilities in Citeline Study Feasibility will help reduce cost and manual effort in the clinical trial planning process, so feasibility teams across the industry can quickly see the impact of specific trial elements on predicted enrollment timelines and optimize projected enrollment of patients accordingly. Feasibility predictions can also be made for new trial designs that may not have a perfect match in historical data. This way, platform users can explore innovative and experimental trial designs and locations without the risk of wasting resources or investing in non-performing sites.

“An optimal study feasibility process is one of the cornerstones of successful clinical drug delivery,” said Tom O’Leary, Chief Information Officer at ICON. “Informa’s access to industry data and their data science expertise, make it an ideal partner for ICON to work with to continue providing cutting edge, innovative and best in class data driven solutions to our customers, enabling ICON to continue to lead the way in clinical drug development.”

For more information on Citeline Study Feasibility, visit Informa Pharma Intelligence or contact pharma@informa.com.

About Informa Pharma Intelligence
Informa Pharma Intelligence powers a full suite of analysis products – Datamonitor Healthcare™, Sitetrove™, Trialtrove™, Pharmaprojects™, Biomedtracker™, Scrip™, Pink Sheet™ and In Vivo™ – to deliver the data needed by the pharmaceutical and biomedical industry to make decisions and create real-world opportunities for growth.

With more than 400 analysts keeping their fingers on the pulse of the industry, no key disease, clinical trial, drug approval or R&D project isn’t covered through the breadth and depth of data available to customers. For more information, visit pharmaintelligence.informa.com.

About ICON plc
ICON plc is a world-leading healthcare intelligence and clinical research organisation. From molecule to medicine, we advance clinical research providing outsourced services to pharmaceutical, biotechnology, medical device and government and public health organisations. We develop new innovations, drive emerging therapies forward and improve patient lives. With headquarters in Dublin, Ireland, ICON operates from 150 locations in 47 countries and has approximately 38,000 employees as of July 1, 2021. For further information about ICON, visit: www.iconplc.com and www.iconplc.com/pra.

Informa Pharma Intelligence PR Contact
Diffusion PR for Informa Pharma Intelligence
informapharma@diffusionpr.com
(213) 318-4500

October 13, 2021

Webtel.mobi’s Global Alliance of Affiliates is Already in 193 Countries With 288 Million Members – and Growing Rapidly

WM’s Global Expansion via its VSMP Affiliates is already one of the fastest in history – providing a free expansion capacity worldwide for WM, free additional revenues for entities acquiring VSMPs and cost reductions of up to 80% for Members

ST PETER PORT, Guernsey and NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — Global Telephony Provider Webtel.mobi’s (“WM’s”) method for global expansion is via affiliates known as “Virtual Specialized Mobile Providers” or “VSMPs” (WM is a “Specialized Mobile Provider” or “SMP”).

Without even promoting its VSMP Program, WM has already established VSMPs covering 193 countries, which have 288 million Members within them, and anticipates increasing the VSMP and Member totals by factors in a short period.

The opportunity to establish a VSMP is open to any “Eligible Entities” entities worldwide. An Eligible Entity is an entity (or person) that has:

An existing base of members, subscribers, clients, customers, students, or any other collection of persons
That the Eligible Entity communicates with – or has the ability to communicate with – from a central point.

The mutual-support relationship between WM and its VSMPs is as follows:

WM Provides:

A fully operational replica of its own Platform – with the appearance customized to the Eligible Entity’s preference.
All Technical support.
10% of the net revenue from all revenue passing through the VSMP.
All at zero cost to the Eligible Entity

In return, the Eligible Entity:

Receives WM’s retail marketing messages every week (one per week), and
Provides the retail-marketing message to its existing member, subscriber, client, customer, student, or any other base.

Eligible Entities are encouraged not to incur any costs when forwarding the weekly marketing messages to their existing bases, and just to insert the weekly marketing messages into the standard communication method used to communicate with their existing member base – be it email, letter, flyer, blog, or any other method they use.

This is to keep with WM’s corporate philosophy of providing all applicants with a level playing field, so that whether an Eligible Entity is wealthy or struggling, they have equal opportunity to be successful based on their own personal excellence and drive to succeed. That is also why Eligible Entities (or persons) do not need to incur any cost at all when acquiring their VSMP, or for ongoing technical support, or maintenance of the VSMP.

This win-win methodology is why WM never has to carry out any media or marketing campaigns to continuously expand. Via its VSMP, it has 100% saturation-marketing capacity directly to existing member-bases of existing entities, worldwide. It has this at zero cost to either WM or to the Eligible Entity (see the “Resources” section of this article for WM’s “Four Wins” methodology).

Eligible Entities have the opportunity to increase their revenues to more than the 10% of net total revenue gained just from having the VSMP and sending out the marketing material to their existing member base. This is because they are also able to:

Provide access to TUV Digital Currency acquisition for their VSMP Members
Provide TUV Redemption services to their VSMP Members
Provide other support services to their VSMP Members
All of which are electively provided (or not) by the Eligible Entity, and the Eligible Entity can charge additional fees – set by them – for electively providing these additional services.

WM’s VSMP program is the world’s largest franchise operation by geographic coverage – but the only one that has absolutely zero acquisition cost, zero running costs and zero maintenance costs for the acquiring franchisee.

Moreover, acquisition of a VSMP by an Eligible Entity instantly provides it with over 20 additional revenue streams at zero cost, and with zero personnel, premises, or equipment requirements. It also provides the Eligible Entity with the ability to cut its own costs exponentially, by also using its own VSMP for all the services that are provided to its members from it.

The range of entities that have established VSMPs to date is as wide in scope as the number of business and organization types that exist.

Businesses and Companies in the accounting, financial services, mobile telephony, logistics, public relations, transport, shipping, retail, security, wholesale, real estate and multiple other sectors have acquired VSMP.

Other than this, organizations such as civil society organizations, websites and blogs, charities, universities, hospitals, labor associations and many more have also acquired their own VSMPs.

Collectively, WM and its VSMPs are known as the “TEL.mobi Group Global Alliance (see the “Resources” section of this article for a link to the TEL.mobi Group Global Alliance page) .

This wide range of entities that acquire VSMPs is because all the services provided on the WM Platform are utility-level services used by all persons and entities, in all sectors, worldwide. Therefore, they are relevant and useful to – and used by – all persons and entities, in all sectors, in all countries, worldwide.

WM also provides every VSMP’s two Responsible Persons (known as Contact Persons) with their own online “VSMP Control Panel” – which is a segmentalized section of WM’s Complex Adaptive System. From this online Control Panel, they can see every action taking place on their own VSMP (anonymized for member privacy), and see their revenue-share – which is remitted to them on a 24-hourly basis.

WM also provides all VSMPs with a “VSMP Handbook”, so they have access to all relevant information on their VSMP’s capacities, uses, revenue-generating capacities, methods, and all other relevant information (see the “Resources” section of this article for a link to the VSMP Handbook).

To apply to acquire a VSMP, all an Eligible Entity needs to do is to contact WM by email. Alternatively, WM has made it possible for Eligible Entities to initially establish their own VSMP by themselves – directly from their own WM accounts.

All a WM Member needs to do to establish its own VSMP is to click on the “Apply for an Affiliate (VSMP)” link in their own WM account, and, in less than 60 minutes, they can have their own fully functional version of the WM Platform for their own Entity.

There are no corporate requirements for Eligible Entities that establish VSMPs, because the VSMP is a front-end marketing platform of WM, and WM controls all process flows – so the Eligible Entity incurs no legal, corporate or other liability, and does not need to register the VSMP as a company in their jurisdiction.

Webtel.mobi’s VSMP Program fulfils many roles. For WM, it secures saturation and global zero-cost retail marketing capacities globally, directly to Eligible Entities’ existing members. For the Eligible Entities it secures an instant generation of revenues from more than 20 additional revenue streams – which they would otherwise not be able to acquire – at zero cost.

Moreover, the VSMP Program provides an equal-opportunity playing field to all acquiring Entities or persons, where the opportunity to be successful is not dependent on money, status or artificial support mechanisms – but rather just on people’s own personal excellence, and their desire to succeed.

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

The TEL.mobi Group Global Alliance:
https://webtel.mobi/pc/info/tmg-global-alliance/

Application for a VSMP:
https://webtel.mobi/pc/info/how-to-apply-to-be-a-wm-affiliate/

VSMP Handbook:
https://webtel.mobi/media/info/telmobi-group-vsmp-handbook.pdf

Example of the VSMP Program’s popularity:
https://webtel.mobi/media/info/malaysian-reserve_article.png

Examples of WM’s VSMPs:
GCEtel.mobi: https://gcetel.mobi/pc
WORLDtel.mobi: https://worldtel.mobi/pc
PAYtel.mobi: https://pay.webtel.mobi/pc
BUSSTECHtel.mobi: https://busstech.webtel.mobi/pc
UFStel.mobi: https://ufs.webtel.mobi/pc

TEL.mobi Group’s “4 wins” Expansion Methodology:
https://webtel.mobi/pc/info/tel.mobi-group/#The-TEL.mobi-Groups-Win-Win-Win-Win-4%20Wins-Structure

Video on the Capacities of the WM System:
https://youtu.be/XYBrCikUhn8

Research Reports on the Capacities of the WM System:
https://tinyurl.com/TUVresearch

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)