Just recently, Fortress Investment Group extended its investment platform in a new merger with iPass. iPass is an international network service provider. In the merger, a total of $20 million was paid off. Half of the amount was available on the spot. The president and chief executive officer of iPass, Gary Griffin, said that they could change their focus back to acquiring revenue. Mr. Griffin was basing his argument on the company’s current balance sheet. He added that by using their patents as security, they would promote the credibility of their company to their investors. Moreover, the patents would provide the platform for iPass SmartConnect and Very-Fi products.
To acquire the loan, one has to have iPass assets that consist of SmartConnect tech and patent selection. The iPass company is recognized on a global level by other financial institutions due to its research in equities. The merger between Fortress Investment Group and iPass provided enough proof that the two corporations had adequate experience in the financial industry. iPass engages the most extensive Wi-Fi network in the United States. It incorporates hotspots in millions of locations to enable consumers have access to the internet.
Designed as a Software-as-a-Service (SaaS) app, iPass enables the consumer to gain a stable value for the services that it offers. In fact, users can connect to the internet at approximately 64 million hotspots globally. The hotspots are found in places like hotels, airports, restaurants, train stations, and convention summits. By the end of the year, it is projected that the hotspot will have grown to a total of 340 million. Under the deal with Fortress Investment Group, iPass gets $10 million. The funds are meant to increase the number of hotspots globally. Fortress Investment Group is shifting into a cloud-based franchise. A third-party analytics company, Maravedis-Rethink, will be involved with the aim of setting up the projected hotspots. The internet is to be provided to individuals and companies that are willing to use the new Wi-Fi program.
Billboard announced their 2017 Digital Power Players recently and one named seemed to jump off the page: Desiree Perez. Des, as she is called by friends, is perhaps the most powerful female music executive in the business. Her recognition as a Digital Power Player stems from her being named to run Roc Nation’s subscription music streaming service, TIDAL. As the Chief Operating Officer of TIDAL, one of Des’ first moves was to agree to a deal for Sprint to acquire 33% of the company for $200 million. The deal give TIDAL access to Sprint’s 45 million customers, which has the potential to create billions of dollars in profits.
Perhaps her greatest asset is her negotiation ability. She has been the COO of Roc Nation since 2009 and has negotiate dozens of deals for the conglomerate. She has been vital to the negotiations of Beyoncé’s Foundation Stadium deal and Rihanna’s Samsung deal. She has also been involved in a number of negotiation for Roc Nation Sports clients. She helped secure a $240 million, 10-year deal for star 3rd basemen Robinson with the Seattle Mariners. Her style is said to be aggressive and she is said to be a whiz with numbers and being able to work out deals where everyone walks away a winner.
Des has been a fixture in the entertainment industry in New York City for over 20 years. A close friend and confidant of music mogul Jay-Z, Des has owned and operated a number of nightclubs and entertainment venues for two decades. Her husband Juan Perez is also in the industry, serving as Chief Executive Officer (CEO) of Roc Nation since 2009. Her drive and passion for music and success aligns her with the biggest names in the business, and she remains unintimidated. That is the sign of a true power player.
Do you need help managing your lifestyle? Ever wonder how to bridge the gap between employment and retirement? Wealth Solutions has the answers. Richard Blair of Wealth Solutions embarked on a journey to help people gain financial freedom and accomplish their personal financial goals. To achieve that goal,the University of Houston Alum received his Retirement Income Certified Professionals (RICP) certification and developed a business that would provide unprejudiced guidance and tailored investment, retirement, and wealth preservation strategies. Wealth Solution’s mission is to make a positive change in the lives of families and small businesses statewide.
Richard Blair grew up in a family filled with educators. Naturally, it became prevalent that he would follow in the footsteps of his predecessors but he always thrived on more challenging endeavors. Richard decided to go into the world of finance after graduating from college and found his calling – Investment Advising. In 1994, he decided to become an entrepreneur and started a Registered Investment Advisory firm in the heart of Austin, Texas. Now, with over 24 years of experience, Richard continue to seek further education to assure that he and his staff are capable of helping their clients achieve financial freedom prior to and after retirement. Wealth Solutions provides specialized advise in the following areas: Annuity, Estate and Trust, Funds, Income, Tax, and Retirement. For convenience, Wealth Solutions also provides a fully interactive website (www.wealthsoultionsria.com) that provide full access to all services that are provided and a client concierge option that will provide you with 24 hour access to your financial service resources by simply logging in with your four digit pin. Other features on the website include: Web Solutions Learning Center and a Financial Investment Glossary to help freshen up on your financial lingo.
How does Richard Blair determine your needs?
Simple! Richard has a Three Pillar approach that allows him to assess and plan, develop a strategy, and then establish your financial goal. The team at Wealth Solutions are committed to building a strong, lasting, healthy, and wealthy relationship with it’s clientele. This team thrives off of the satisfaction of their clients and will go the extra mile to assure that the main goal has been met. In summary, Wealth Solutions provides a dynamic solutions to service your financial needs.
George Soros, the philanthropist, hedge fund manager, Hungarian immigrant/war survivor and multi-billionaire, is back in the political arena, according to Politico. Soros, who is said to be worth $24.9 billion, stepped back from political activity during the Obama years, after making a multi-million dollar contribution in 2004 to groups fighting the re-election of then-president George W. Bush.
Stepping Back Into the Game
After this lengthy break, George Soros came back into the political arena in July of 2016 with a major contribution to backers of Hillary Clinton’s presidential campaign. Soros was said to be motivated by not only his long relationship with Clinton (who he firmly believed would be elected president), but also by his distrust of Trump. According to Politico, Soros has been quoted as saying that Trump’s bigoted campaign is actually “doing the work of ISIS.” It was rumored that Soros was planning on attending the democratic convention last summer (for the very first time), but he ultimately wasn’t able to attend. Despite this, there’s no doubt that Soros was deeply invested in the outcome of the campaign. Visit Project Syndicate to learn more about George.
A Game-Changing Political Upset
With Trump’s upset victory over Clinton, political watchers are now waiting to see how much or how long Soros’ political involvement with last. Though he’s now 85, Soros has always shown an amazing ability to surprise those who might underestimate him. Soros’ entry into the political arena is also of interest to those involved in left-leaning political activity, as Soros has long had the ability to work as a catalyst for other large political donors.
Though Soros’ success as a financier and currency trader is indeed one-of-a-kind, there’s no doubt his life as an immigrant and war survivor also fuel his political passions. It will be interesting to note how much more engagement we can expect from the always unpredictable George Soros. Know more on cnbc.com about George Soros.
David Giertz is one of the most sought after financial executives in the United States. With over three decades of experience in the finance and business sector, David Giertz is a man who has achieved some exemplary results for his clients over the years. Not only has David helped the company where he served as President, NFS Distributors Inc, with his suggestions and advice that he gives on national television on many occasions, people have been able to make positive changes in their retirement and financial planning on financial-advisors.credio.com. As the President of NFS Distributors Inc, he has helped in enhancing the sales and outreach of the wide range of financial products offered by Nationwide Financial Inc.
David Giertz recently shared the results of the survey conducted by the Nationwide Financial Institute in an interview he gave to the Wall Street Journal. As per the survey, it was seen that more and more people are not satisfied with the financial planning done by their financial advisors, mostly because they omit the social security from their retirement planning on soundcloud.com. The results of the survey clearly proved the fact that millions of the people in the country do not have social security as a component in their retirement planning, which is bad as that would result in an unwanted and undesirable loss.
David Giertz put the onus on the financial advisors to be truthful in their duty and provide the customers correct guidance on how to improve their retirement planning statistics. It is seen that if the people do not add social security to their retirement planning, an average portfolio can lose an average of $100,000 or more in the span of twenty to thirty years. Losing such an amount is simply not acceptable, and it is why David Giertz asked the customers to be more inquisitive with their tax consultants and financial planners.
David Giertz also highlighted the fact that most of the people are on the brink of firing their existing financial advisor and hiring someone else if the existing advisor does not include social security to their retirement planning portfolio at https://angel.co/david-giertz. David Giertz is also a reputed and experienced business coach from WABC.