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The Boston Globe from Boston, Massachusetts • B9

Publication:
The Boston Globei
Location:
Boston, Massachusetts
Issue Date:
Page:
B9
Extracted Article Text (OCR)

A 9 2 0 1 8 Business B9 TALKING POINTS ENTERTAINMENT TENCENT PLANS SPINOFF, US LISTING OF ONLINE MUSIC BUSINESS Tencent Holdings plan to spin off its online-music business and list shares in the United States is the latest sign the recording industry is staging a comeback. The move would let American investors bet on the Chinese market for music-streaming services, which have brought new life to a business been plagued by piracy. growth in China also mirrors inroads by partner Spotify Technology SA in the United States, where streaming has helped music sales grow at their fastest rate since the 1990s. Tencent, largest social media and gaming company, is working on terms of its spinoff proposal, announced in a Hong Kong stock exchange filing on Sun- day. Tencent Music Entertainment Group has picked banks to advise on a US initial public offering that could raise at least $1 billion, people with knowledge of the matter told Bloomberg in May.

Tencent has a fully developed entertainment and content em- pire that encompasses the WeChat messaging app, games, video streaming, a karaoke app, and content-licensing deals with record companies. BLOOMBERG NEWS AUTOMOTIVE DAIMLER HALTS SUPPLIES OF SOME TRUCK ENGINES ON EMISSION ISSUES Daimler halted deliveries of a type of diesel engine for trucks as a precautionary measure, after it found issues that could lead to emissions ex- ceeding nitrogen oxide limits under certain conditions. The company reported its findings to Federal Motor Transport Authority at the end of June and is in a tive with the watch- dog, it said Sunday in an e- mail to Bloomberg News. engine was used in Mercedes-Benz trucks in Europe until 2013 and is currently only sold in non-European export the carmaker said. the technical issues have been clarified, Daimler has decided to stop sup- plying this engine as a precautionary Daimler said a function in the on- board diagnostics system prevents overdosing of the AdBlue fluid in nonstandard op- erating conditions, such as the use of biofuels.

AdBlue, an additive, helps eliminate harmful exhaust gases. Bild am Sonntag first reported on issues, saying a software function off the exhaust after-treatment under certain Daimler said this claim is misleading. Daimler was sued by a shareholder last month over whether it had misled investors about the severity of the diesel emissions scandal that has enveloped most of the German auto industry. The scandal has been most closely linked to Volkswagen, which admitted in a 2015 settlement with the United States that it had rigged software to help millions of vehicles pass pollution tests. BLOOMBERG NEWS TRADE ABE TO MEET WITH EUROPEAN UNION Shinzo Abe (left), the prime minister of Japan, will visit Brussels on Wednesday to sign an agreement with the European Union to lower trade barriers.

The treaty is the latest example of how the European Union is aggressively signing free-trade agreements as a counterweight to US protectionism, and it follows similar ac- cords with Canada and South Korea. The agreement is expected to benefit, among other industries, European producers of wine and cheese, whose products will no longer be subject to tariffs when entering Japan. NEW YORK TIMES MANAGEMENT NEW ZEALAND MAY FORCE PRIVATE COMPANIES TO PICK WOMEN DIRECTORS New government is prepared to force private businesses to appoint more women directors if companies make sufficient progress, Minister for Women Ju- lie Anne Genter said. The government last week said it will ensure half of all directors on state sector boards and committees are women by 2021, compared with 46 percent at the end of 2017. By comparison, women held just 19 percent of directorships across the 159 companies listed on the main board of the New Zealand stock exchange, ac- cording to a January report.

awaiting the next report, and keen to see where they get Genter said on Sunday. not going to make progress, if going to sit there at 19 percent, then we might have to start thinking about ways gov- ernment can incentivize BLOOMBERG NEWS LEGAL TULSA BUSINESS HELPS MAN FACING ARREST FOR LATE DVD RENTAL A business has helped an Oklahoma man who had been facing a fine of more than $200 and a warrant for his arrest for an overdue movie rental he had forgotten about after becoming homeless. Tulsa television station KTUL reported that Lonnie Perry rented the movie in 2014 from a store in Claremore. Soon after that, he became homeless and packed up the movie along with his belongings. Perry said he had for- gotten about the rental until recently, when he got a call and a letter from the Rogers County district office.

Perry said he think he could immediately pay the fine. But Jeff of All Trades, a Tulsa handyman company, went to the rental store and paid everything Perry owed on the unreturned DVD. ASSOCIATED PRESS sellers that use its marketplace service follow our guide- lines and those who are subject to swift action includ- ing potential removal of their Amazon did not answer questions about what specific items it had removed or what measures it was taking to vet other merchandise. The Wash- ington Post reported that the company was working to re- move neo-Nazi bands from its music platform. making money, they are doing business with the people who are selling these said Mariah Montgomery, campaign direc- tor for the Partnership for Working Families and one of the authors.

com- pany has tremendous resourc- es, and some of them should be devoted to making sure they are not propping up racist or- Amazon reported net in- come of more than $1.6 billion in the first quarter of 2018, more than double the amount for the same period in 2017. The debate over how emerg- ing technologies are being har- nessed by those looking to spread hateful or bigoted ideas has raged for decades. In 2000, Yahoo was sued because it al- uAMAZON Continued from Page B8 lowed Internet users in France to visit its auction sites, which sold Nazi memorabilia. But the debate has ramped up in recent years with an em- boldening of white supremacist and anti-Semitic groups and pressure from countries in Eu- rope to get US technology com- panies to crack down on hate speech, said Danielle Citron, a professor at the University of Maryland Carey School of Law and author of the book Crimes in Nationally, the number of reported anti-Semitic incidents surged 57 percent in 2017, up to 1,986 from 1,267 in the pre- vious year, according to the An- ti-Defamation League, which linked the increase to the divi- sive state of US politics, a rise of extremists, and the effects of social media. happening in a vacuum, this Citron said Sunday.

happening when a lot of pressure on companies to remove and filter and block hate Citron said companies are not legally liable for distribut- ing goods or merchandise that reflect hate, though such prac- tices might violate a policy. She said Amazon has faced less scrutiny compared with companies like Twitter and Facebook, which are re- thinking their policies. in the capital could be alerted to the location of the protest, giving it plenty of time to reroute its trucks. The service also tracks his- torical data. Ellertson cited an Everbridge client that installs satellite TV dishes in Chicago.

It usually assigns one worker per truck, but in areas where Everbridge has tracked high crime rates, it sends two. Everbridge has partnerships with 7,500 US law enforcement agencies that provide constant updates, as well as with about 100 information sources from around the world, including the National Weather Service, the US Geological Survey, and newswire services. And Ever- bridge keeps a wary eye on Twitter for messages about the clients. is trending for all the wrong said chief technology officer Imad Mouline, they may have a Because Everbridge has cus- tomers around the world, its operations center in Washing- ton, D.C., is staffed with moni- uEVERBRIDGE Continued from Page B8 tors who are fluent in about 10 languages. got every- thing from Chinese to Arabic to French to Mouline said.

Everbridge was founded about 15 years ago by Los An- geles entrepreneurs who were dismayed by the poor perfor- mance of emergency communi- cation systems during the Sept. 11, 2001, terrorist attacks on New York and Washington. The company built a reputation for its mass-notification systems, capable of pinging out weather warnings and missing-persons alerts to entire cities at the touch of a button. But when Ellertson, a veter- an of Boston-area tech compa- nies like Gomez and Cloud- Floor, was recruited as a poten- tial Everbridge investor, he had his doubts. messaging a big enough market to build a billion-dollar company in he had asked.

the honest answer we gave to ourselves is no, In 2011, Ellertson agreed to lead Everbridge as well as in- vest in it. He shifted the head- quarters to Burlington and re- focused the company on pro- viding critical information to businesses a market he be- lieves could grow to $40 billion worldwide. Companies allow Ever- bridge to plug into their per- sonnel management software in order to track traveling em- ployees. One example Ever- bridge pointed to is Rackspace, a Texas Internet hosting com- pany that had employees travel- ing in the United Kingdom when a terrorist attack hit Lon- don last year. Rackspace acti- vated its Everbridge system and transmitted warnings to those employees, and within eight minutes all were accounted for.

Another Everbridge service is designed for traveling work- ers in dangerous places: a smartphone app an employee uses to check in at regular in- tervals. If he the phone signals that the worker might be in danger. It also transmits the location and video and audio from the scene. For now, Everbridge is sacri- ficing profitability in its quest for growth. Revenue increased by 36 percent in 2017, to $104 million.

But the net loss in- creased by 75 percent. Mean- while Everbridge has made sev- eral acquisitions of companies in Sweden, Norway, and Michi- gan to fill out its product port- folio. Investors complain- ing. The stock had quadrupled since going public nearly two years ago, closing Friday at $49.42, with a market cap of $1.4 billion. Either con- fident about fu- ture, or convinced plen- ty of trouble ahead in the world.

Or both. Hiawatha Bray can be reached at hiawatha.bray@globe.com. Follow him on Twitter Tornado? Terrorism? Everbridge is on it is trending for all the wrong reasons, typically they may have a IMAD MOULINE Chief technology officer Report raps Amazon for racist products ARLINGTON CAPITOL THEATRE 204 Massachussetts Ave. 781-648-4340 6 I DIG AD www.capitoltheatreusa.com ANT-MAN AND THE WASP (PG-13) 1:15, 4:15, 7:30 HEARTS BEAT LOUD (PG-13) 3:20, 8:10 INCREDIBLES 2 (PG) 1:30, 4:30, 7:15 JURASSIC WORLD: FALLEN KINGDOM (PG- 13) 1:00, 4:00, 7:00 OCEAN'S 8 (PG-13) 2:30, 5:00, 7:40 SOLO (NR) 12:40, 5:30 BOSTON SIMONS IMAX THEATRE New England Aquarium, Central Wharf 617-973-5200 5 8 DIG www.neaq.org OCEANS 3D: OUR BLUE PLANET (NR) 10:00, 2:00, 4:00 PANDAS 3D (G) 11:00, 1:00, 5:00 GALAPAGOS 3D: NATURE'S WONDERLAND (NR) 12:00, 3:00, 6:00 BROOKLINE COOLIDGE CORNER THEATRE 290 Harvard St. 617-734-2500 5 6 www.coolidge.org LEAVE NO TRACE (PG) 11:15, 1:45, 4:45, 7:30, 9:30 WHITNEY (R) 11:00, 1:30, 4:00, 7:00, 9:55 THREE IDENTICAL STRANGERS (PG-13) 11:45, 2:30, 4:30, 7:15, 9:45 WON'T YOU BE MY NEIGHBOR? (PG-13) 11:30, 2:00, 4:15 APOCALYPSE NOW (R) 7:00 CAMBRIDGE APPLE CINEMAS CAMBRIDGE 168 Alewife Brook Parkway.

5 6 DOL DIG DSS www.applecinemas.com ANT-MAN AND THE WASP (PG-13) 11:00, 12:00, 1:35, 2:35, 4:10, 5:10, 6:50, 7:50, 8:30, 9:30, 10:30 ANT-MAN AND THE WASP 3D (PG-13) 12:00 THE FIRST PURGE (R) 11:10, 1:25, 3:40, 6:00, 8:15, 10:30 JURASSIC WORLD: FALLEN KINGDOM (PG- 13) 11:20, 2:00, 4:40, 7:25, 10:05 OCEAN'S 8 (PG-13) 11:10, 4:30, 7:05 SANJU (NR) 11:00, 2:10, 5:20, 7:00, 10:15 SICARIO: DAY OF THE SOLDADO (R) 11:10, 1:45, 4:25, 7:00, 9:35 SOLO: A STAR WARS STORY (PG-13) 1:35, 9:35 INCREDIBLES 2 (PG) 11:00, 1:40, 2:40, 4:20, 5:20, 8:00, 10:35 UNCLE DREW (PG-13) 11:20, 1:30, 3:50, 6:00, 8:15, 10:25 LEXINGTON LEXINGTON VENUE 1794 Massachussetts Ave. 781-861-6161 5 DOL DSS WON'T YOU BE MY NEIGHBOR? (PG-13) 4:30, 6:45 RBG (PG) 4:15, 7:00 NATICK SUNBRELLA IMAX 3D THEATRE AT JORDAN'S FURNITURE NATICK 1 Underprice Way 508-665-5525 5 8 www.jordansimax.com ANT-MAN AND THE WASP: AN IMAX 3D EXPERIENCE (PG-13) 1:30, 7:00 ANT-MAN AND THE WASP: THE IMAX 2D EXPERIENCE (PG-13) 4:15, 9:40 READING SUNBRELLA IMAX 3D THEATRE AT JORDAN'S FURNITURE READING 50 Walkers Brook Dr. 781-944-9090 5 8 www.jordansimax.com ANT-MAN AND THE WASP: AN IMAX 3D EXPERIENCE (PG-13) 1:30, 7:00 ANT-MAN AND THE WASP: THE IMAX 2D EXPERIENCE (PG-13) 4:15, 9:45 SALEM CINEMASALEM 1 E. India Square 978-744-1400 5 DOL DSS www.cinemasalem.com ANT-MAN AND THE WASP (PG-13) 11:10, 1:45, 7:00 ANT-MAN AND THE WASP 3D (PG-13) 4:20 DAMSEL (R) 2:40, 4:40, 7:20 JURASSIC WORLD: FALLEN KINGDOM (PG- 13) 11:00, 1:50, 4:30, 7:15 INCREDIBLES 2 (PG) 11:00, 1:30, 4:05, 6:45 HEARTS BEAT LOUD (PG-13) 12:00 THE TRUE 1692 IN 3D (NR) 2:00, 6:40 THIS PERFECT PLACE: A NATURAL HIS- TORY OF THE MASSACHUSETTS NORTH SHORE (NR) 4:30 SOMERVILLE SOMERVILLE THEATRE 55 Davis Square 617-625-5700 5 6 I DIG AD http://somervilletheatre.com/ BOUNDARIES (R) 1:30, 4:30, 7:30, 9:55 HEREDITARY (R) 1:20, 8:30 RBG (PG) 4:00, 6:15 SICARIO: DAY OF THE SOLDADO (R) 1:15, 4:15, 7:15, 9:50 THREE IDENTICAL STRANGERS (PG-13) 1:10, 3:20, 5:30, 7:45, 9:50 WON'T YOU BE MY NEIGHBOR? (PG-13) 1:00, 3:15, 5:20, 7:40, 9:45 INFO VALID ONLY The Boston Globe Movie Directory is a paid advertisement. Listings appear at the sole discretion of each cinema.

Towns may ap- pear out of alphabetical order so that listings will remain unbroken from column to column Bargain show times are shown in parentheses( Restrictions PassesG Handicapped accessible5 8 Stadium Seating 6 Hearing Impaired Rear Window CaptioningI DOL Dolby Stereo DIG Digital Sound DSS Dolby Surround Sound Descriptive Video ServiceK Audio DescriptionAD.

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Pages Available:
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Years Available:
1872-2024