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Tyler ‘Ninja’ Blevins signs with high-powered Creative Arts Agency

Tyler ‘Ninja’ Blevins signs with high-powered Creative Arts Agency

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A month after he returned to Twitch, Tyler “Ninja” Blevins made another strategic career move. 

The esports star has signed with high-powered Hollywood shop Creative Arts Agency (CAA) for representation. 

“Super excited for this next chapter in my career,” Blevins tweeted. “Officially signed with CAA!.”

In a July interview with The Hollywood Reporter, which first reported CAA signing the Fortnite legend, Blevins said he wants to try his hand at producing, acting and other entertainment ventures. 

Blevins skyrocketed to gaming fame by becoming the most popular creator (16 million followers) on Twitch. His Fortnite streams with stars from all spheres of society and dyed hair led to a cover on “ESPN: The Magazine” and other opportunities, which he’s looking to explore with CAA representing him now. 

KEEPING THE BAND TOGETHER: How ‘The Last Dance’ and three-peat quest may keep Shock together

The 29-year-old will have a cameo role in an upcoming Ryan Reynolds film.

Microsoft temporarily stole “Ninja” by making him the face of its streaming platform, Mixer, until this summer. He returned to Twitch on a multiyear deal. 

Follow Chris Bumbaca on Twitter @BOOMbaca.

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Rakuten Mobile signs deal with STC to boost OpenRAN tech

Rakuten Mobile signs deal with STC to boost OpenRAN tech

 

Japanese operator Rakuten Mobile has signed a Memorandum of Understanding (MoU) with Saudi Telecom Company (STC) with the aim of collaborating in the field of innovation and strategic mobile technology.

Under the terms of the deal, the two companies will explore future opportunities to collaborate in various technology domains, including, fully autonomous digital platform serving telecommunication cloud network and OpenRAN deployment options for greenfield and brownfield use cases.

Both operators said they aim to accelerate the delivery of mobile network services through the use of OpenRAN mobile access technology.

“This MoU aims to expand our global partnerships and help diversify our strategic growth. We are confident this MoU will bring tangible results in terms of developing a new advance technology strategy and accelerating the early deployment of novel and sophisticated services,” said Nasser Al Nasser, Group CEO of STC.

“We are very excited about collaborating with STC and sharing our know-how of building new-generation telecommunication infrastructure,” said Mickey Mikitani, chairman and CEO of Rakuten and CEO of Rakuten Mobile. “We believe that our open architecture and advanced OpenRAN technologies will help define a new generation of operators who are ideally positioned to place advanced customer experience and differentiated profitable services at the center of their offering.”

Last month, Rakuten Mobile inked an agreement with Spanish carrier Telefonica to research and conduct lab tests and trials to support OpenRAN architectures, including the role of the AI in the RAN Networks. Under the partnership, both companies will also jointly develop proposals for optimal 5G RAN architecture and OpenRAN models.

Rakuten Mobile launched its commercial mobile operations in April this year, becoming the fourth mobile operator in Japan.  Rakuten offers its mobile services through a cloud-native, software-centric and fully virtualized mobile network.

In September, Rakuten Mobile announced the availability of its commercial 5G

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The I.M.F. sees early signs of a global economic recovery.

The I.M.F. sees early signs of a global economic recovery.

The International Monetary Fund said on Tuesday that the world economy is beginning its ascent from the worst downturn since the Great Depression but that the deep recession caused by the coronavirus pandemic will leave scars on labor markets for years to come.

In its latest World Economic Outlook report, the I.M.F. projected that the global economy would contract 4.4 percent in 2020. The forecast was a slight improvement from its midyear projection, as the easing of lockdowns and robust fiscal and monetary policy support have helped output recover more quickly than previously expected. But the global economy is not yet out of the woods.

“This crisis is, however, far from over,” Gita Gopinath, the I.M.F.’s chief economist, wrote in a memo accompanying the report. “The ascent out of this calamity is likely to be long, uneven, and highly uncertain.”

Ms. Gopinath urged countries not to withdraw policy support prematurely and warned that the crisis is intensifying inequality. Labor markets remain well below their prepandemic levels, and women, the young and low-income workers have been hit the hardest. National debt levels are swelling as tax bases shrink.

The recession is hammering both advanced and emerging economies. The United States economy is expected to contract 4.3 percent this year, and the eurozone economy is projected to shrink 8.3 percent, led by sharp contractions in Spain and Italy.

The lone exception this year is China, where the virus was first detected. China’s economy is projected to expand 1.9 percent in 2020, as its aggressive measures to contain the virus have allowed economic activity to resume more quickly.

The I.M.F. expects the global economy to expand 5.2 percent next year and then slow to a rate of 3.5 percent over the next several years. Compared with the group’s prepandemic projections, the world will

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Summer’s ‘Signs of Froth’ Return to Stock Market

Summer’s ‘Signs of Froth’ Return to Stock Market

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The New York Stock Exchange, as reflected in a puddle.


Michael Nagle/Bloomberg

Some warning signs are now re-emerging in the stock market similar to what happened in late August and early September, when the S&P 500 peaked and then experienced a roughly 10% correction.

The VIX and VXN fear gauges for the S&P 500 and Nasdaq Composite indexes, respectively, moved higher on Monday along with the two indexes, and the ratio of put option volume to call option volume fell.

An important ratio of put/call volume is down to 0.55, against an average of close to 0.8 in the past year, indicating a bullish stance among investors.

The S&P 500 closed up 1.6%, to 3,534, putting it within about 1% of its closing high of 3,580 set on Sept. 2. The Nasdaq ended up 2.6%, to 11,876. The S&P is up 9.5% year to date, and the Nasdaq is up 32.5%.

“U.S. equities are surging on light volume (again), and we are seeing some of the same ‘signs of froth’ emerging that we saw in early August,” Chris Murphy, co-head of derivative strategies at Susquehanna Financial Group, wrote in a note Monday. “This does not mean imminent downside, because as August showed the markets can remain frothy (low put/call ratio, stocks and volatility up, etc.) for a while, but this is something to watch.”

Murphy notes that it is unusual for the VIX and VXN to be higher in a session when major indexes are up sharply. The VIX was earlier on Monday up almost 2%, while the VXN was up more than 5%. Normally those fear gauges move lower when stocks rise. The last time a similar event happened was in late August and early September.

The

Proshares Ultra VIX Short-Term Futures

exchange-traded fund (ticker: UVXY), however,

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5 signs you’re being too agressive with your investments

5 signs you’re being too agressive with your investments

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

  • While risk is necessary for rewards in investing, too much risk isn’t good. 
  • Financial planners generally suggest getting more conservative with your investments as you get older. If you don’t know your strategy or aren’t changing it with time, you might be investing too aggressively.
  • If your investing strategy relies on owning a large amount of just a few stocks, you may be invested too aggressively.  
  • Other signs include having little cash on hand in an emergency fund, and trading often.
  • Start investing today with SoFi »

Investing only works if you’re willing to take some risk. 

While it sounds counterintuitive, risk is necessary for rewards, says financial planner and Facet Wealth co-founder Brent Weiss. “You cannot get the rewards that we’re looking to achieve long-term without taking on risk,” he says. 

But, taking on too much risk isn’t helpful, either — it might make you unnecessarily anxious or leave you strapped for cash. Weiss says there are five key signs that someone’s taking on too much risk.

You don’t have any cash on hand

If you don’t have an emergency fund, you should build one before investing. According to Weiss, before taking on risk in your financial life, “you really should have a very solid foundation,” he says.

“It’s never been easier to buy stocks,” says Weiss. But just because it’s easy doesn’t mean it’s always the right move. “I see a lot of people that don’t have the emergency fund, they don’t have the positive cashflow, they haven’t protected their assets with insurance. That’s the No. 1 sign

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