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Data Center Colocation and Hosting Services Market Growth of $138.61 Billion, BT Group Plc and Cogent Communications Holdings Inc. Among Top Providers

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NEW YORK, August 2, 2022 /PRNewswire/ — The market for data center colocation and managed hosting services is fragmented. Suppliers deploy growth strategies such as technological innovation to compete in the market.

Technavio has announced its latest market research report titled Data Center Colocation and Managed Hosting Services Market by End User and Geography – Forecast and Analysis 2022-2026

Data Center Colocation and Managed Hosting Services Market Size is Expected to Grow by $138.61 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 13.35% during the forecast period.

Get a comprehensive summary of the report outlining the market size and forecast along with the research methodology. The sample report is available in PDF format

Data Center Colocation and Managed Hosting Services Market 2022-2026: Scope

The Data Center Colocation and Managed Hosting Services market report covers the following areas:

Data Center Colocation and Managed Hosting Services Market 2022-2026: Vendor Analysis

BT Group Plc, Cogent Communications Holdings Inc., CoreSite Realty Corp., CyrusOne Inc., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Flexential Corp., Internap Corp., KDDI Corp., Lumen Technologies Inc. , Navisite LLC, NTT DATA Corp., phoenixNAP LLC, Rackspace Technology Inc., Sabey Corp., Sungard Availability Services LP, Verizon Communications Inc. and Zayo Group LLC are some of the major market players. The top offerings from a few of these providers are listed below:

  • BT Group Plc – The company offers data center colocation and managed hosting services to modernize and scale data center capacities, optimize cloud application performance and minimize operational and business risk.

  • Cogent Communications Holdings Inc. – The company offers data center colocation and managed hosting services with cogent data centers and IT services.

  • Cyxtera Technologies Inc. – The company offers data center colocation and managed hosting services with secure cabinet and cage, structured cabling and account operations management.

  • Digital Realty Trust Inc. – The company provides secure, connected, scalable and flexible data center colocation and managed hosting services.

  • Equinix Inc. – The company offers data center colocation and managed hosting services such as IBX SmartView and Equinix Infrastructure Services.

This report provides a comprehensive list of major vendors, their strategies, and the latest developments. Request a sample PDF now

Data Center Colocation and Managed Hosting Services Market 2022-2026: Segmentation

Data Center Colocation and Managed Hosting Services Market 2022-2026: Key Highlights

  • Market CAGR over the forecast period 2022-2026

  • In-depth information on the factors that will contribute to the growth of the Data Center Colocation and Managed Hosting Services Market over the next five years

  • Estimating the size of the Data Center Colocation and Managed Hosting Services market and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the data center colocation and managed hosting services market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of factors that will challenge the growth of the Data Center Colocation and Managed Hosting Services Market vendors

Related Reports

Data Center Colocation Market by Type and Geography – Forecast and Analysis 2022-2026

Data center construction market in Western Europe by type of construction and geography – Forecast and analysis 2021-2025

Scope of the Data Center Colocation and Managed Hosting Services Market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 13.35%

Market Growth 2022-2026

$138.61 billion

Market structure

Fragmented

Annual growth (%)

12:33 p.m.

Regional analysis

North America, Europe, APAC, South America, Middle East and Africa

Successful market contribution

North America at 38%

Main consumer countries

United States, Japan, China, Germany and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

BT Group Plc, Cogent Communications Holdings Inc., CoreSite Realty Corp., CyrusOne Inc., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Flexential Corp., Internap Corp., KDDI Corp., Lumen Technologies Inc. , Navisite LLC, NTT DATA Corp., phoenixNAP LLC, Rackspace Technology Inc., Sabey Corp., Sungard Availability Services LP, Verizon Communications Inc. and Zayo Group LLC

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID 19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Browse Computer science Market reports

Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by End User

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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Extreme Networks and Advantage Communications Group Join Forces to Help Customers Simplify Network Lifecycle Management

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Advantage Communication GroupLLC (“Advantage”), a global telecommunications managed service provider (MSP) supporting thousands of businesses worldwide, announced that it has partnered with Extreme Networks to bring its premium telecommunications services to range available to Extreme customers, creating an easier way to centralize inventory and spending while reducing management complexity and overhead.

According to Forrester, billing errors average between 5% and 12% of current telecommunications services and technology budgets. Advantage helps customers proactively find missing invoices, ensure inventory and billing data is accurate, and automate an organization’s billing process to reduce internal team stress. As customers deploy ExtremeCloud™ SD-WAN, Advantage can help identify and deliver the best and most cost-effective underlying telecommunications infrastructure connectivity, and ultimately save both hours of labor and operational expenses often associated with new deployments.

Extreme offers new and existing Extreme Premier Service customers access to the Command CenterSM of Advantage free of charge. Advantage’s expense management dashboard provides easy access to real-time performance information. Customers can customize data views to track end-to-end connectivity solutions, generate consolidated reports of inventory and billing data, and automate billing and general ledger (GL) processes to alleviate stress internal teams.

“For enterprises, this collaboration offers a way to reduce network and telecommunications costs, as well as administrative burdens by up to 20% and 40%, respectively,” said David Gardner, CEO of Advantage.

Rob Rosa, Senior Vice President, Global Services Sales at Extreme Networks, said, “Extreme is focused on enabling customers to realize the benefits of advanced SD-WAN and cloud networking while reducing cost and complexity. management of deployments, multi-site environments, terminals and relations with internal service providers. By joining forces with Advantage, we can provide customers with access to a team of experts who can identify cost reduction opportunities and provide on-site expertise, helping to remove financial and personnel barriers for organizations that have need to upgrade and modernize their networks without the need for additional resources. or budget.

About Extreme Networks

Extreme Networks creates effortless networking experiences that keep us all moving forward. We push the boundaries of technology by harnessing the powers of machine learning, artificial intelligence, analytics and automation. More than 50,000 customers worldwide trust our end-to-end cloud networking solutions and rely on our best-in-class services and support to accelerate their digital transformation efforts and achieve progress like never before. For more information, visit the Extreme website at https://www.extremenetworks.com/ or follow us on LinkedIn, Youtube, Twitter, FacebookWhere instagram.

Extreme Networks, ExtremeCloud, and the Extreme Networks logo are trademarks or registered trademarks of Extreme Networks, Inc. in the United States and other countries. Other trademarks shown herein are the property of their respective owners.

About Advantage Communications Group, LLC

Advantage Communications Group mitigates the complexity of an ever-changing IT landscape. Through hundreds of global service provider partnerships, our wide range of technology practitioners, and our breakthrough software, we make it easy to optimize your network and telecommunications infrastructure. We simplify the procurement process, implement your chosen solution, reduce your post-deployment costs, and filter out the noise to turn technological chaos into data-driven, decision-making insights. As an end-to-end telecom MSP, we optimize your communication solutions for voice, data, cloud, video and mobility.

Visit www.advantagecg.com to learn more.

command centerSM is a service mark of Advantage Communications Group, LLC in the United States.

Instagram chief is moving to Europe, report says

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Instagram boss Adam Mosseri is reportedly heading across the pond to live in London.

The move later this year will see Mosseri build the Instagram team at Meta’s new headquarters in Kings Cross, but is also driven by a personal desire to experience life in the UK capital, according to a report in the FinancialTimes In Monday.

Sources with knowledge of the matter also said the relocation would be temporary, although they were unable to say how long he was likely to stay in the European city.

The Times report suggests that Instagram may also be looking to take advantage of cheaper labor costs in the UK, with Silicon Valley rates considerably higher. The UK is currently Meta’s largest engineering base outside of the US, so it’s already proven to attract talent to the UK metropolis.

Mosseri joined the company formerly known as Facebook 14 years ago. Facebook acquired Instagram in 2012, and when the app’s co-founders left six years later, Mosseri took on the lead role.

The Instagram boss recently faced backlash from users after adding new features that appeared to be an attempt to make Instagram more of rival app TikTok. The criticism prompted him to drop features originally designed to increase engagement on the platform and attract more bettors.

News of Mosseri’s apparent relocation plan comes just a week after Meta announced its first revenue drop, underscoring the struggles the social media giant is facing to maintain strong ad sales during increasingly tough economic times. hard. Whether a change of scenery will help Mosseri up his game and boost Instagram remains to be seen.

Digital Trends has reached out to Instagram for more information on the relocation plan reported by Mosseri and we’ll update this article when we get back to you.

Editors’ Recommendations






Arista Networks: Overview of Second Quarter Results

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SANTA CLARA, Calif. (AP) _ Arista Networks Inc. (ANET) reported second-quarter earnings of $299.1 million on Monday.

On a per-share basis, the Santa Clara, Calif.-based company said it earned 94 cents. Earnings, adjusted for one-time gains and costs, were $1.08 per share.

The results exceeded Wall Street expectations. The average estimate from 11 analysts polled by Zacks Investment Research was for earnings of 92 cents per share.

The cloud networking company posted $1.05 billion in revenue during the period, also beating Street’s forecast. Nine analysts polled by Zacks expected $976.4 million.

For the current quarter ending October, Arista Networks said it expects revenue in the range of $1.02 billion to $1.08 billion.

Arista Networks shares have fallen 18% since the start of the year. In the final minutes of trading on Monday, shares hit $117.54, up 24% over the past 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANET at https://www.zacks.com/ap/ANET

Arch Amenities Group acquires swimming pool management and construction company

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Rockville, Md., August 1, 2022 /PRNewswire/ — Arch Amenities Group, a global provider of full-service wellness, amenities and meetings for commercial and residential properties, hotels and private clubs, today announced the acquisition of NYS Pool Management, a leader in the construction and management of swimming pools in New York, New Jersey, Pennsylvania, Connecticut and Florida.

NYS Pool Management also operates as United Pool Services. Situated at Mahwah, New Jerseyand North of Fort Myers, Floridacompanies specialize in day-to-day operations, swimming pool construction and repair, maintenance, risk management, special pool events, and staffing, among other services.

Barry GoldsteinCEO of Arch, said the acquisition adds “important and desired services that complement our established presence in hotels, fitness centers, country clubs and residential communities. NYS and United can tackle projects complex construction projects while managing large-scale swimming pools, including hiring and training full-time lifeguards.

Todd Langenmayr, chairman of NYS, said the combination would allow Arch to provide a broader range of services and give NYS and United expanded market reach. “By bringing our pool services to the nation’s leading full-service equipment provider, we will accelerate our growth and gain introduction to new categories of customers,” he said.

About Arch Amenities Group

Arch Amenities Group, based in Rockville, Maryland, is a leading provider of wellness, amenities and meeting services for commercial and residential properties, hotels and private clubs worldwide. Arch provides day-to-day management services as well as feasibility studies, planning and design advice and pre-opening assistance. Arch is a portfolio company of private equity firm CI Capital Partners.

Arch SOURCE Convenience Group

Tejas Networks pockets Rs 298 cr-order from PGCIL

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The maker of wired and wireless networking products has announced that it has been awarded a contract worth Rs 298 crore from Power Grid Corporation of India Limited (PGCIL).

Tejas Networks said the contract is for the supply, installation, commissioning and support of its optical network equipment, for the augmentation of the pan-India telecommunications backbone and access networks of PGCIL.

Under this contract, Tejas will deploy a wide range of its versatile family of products, including the TJ1600 multi-terabit OTN interconnects and 100G/200G DWDM systems with advanced ROADM Flex-grid functionality, the TJ1400P series of MPLS- TP/Carrier Ethernet switches, as well as TejNMS, its universal multi-technology network management system to create a scalable, high-capacity network for PGCIL.

Sanjay Nayak, Managing Director and CEO of Tejas Networks, said, “We are delighted to have been selected by PGCIL for their national backbone and access network capacity expansion, which further strengthens our position. as a trusted telecommunications equipment provider for the critical infrastructure segment. . This victory is a strong endorsement of the competitiveness of our end-to-end portfolio of world-class optical networking products for access, metro and backbone networks. »

Tejas Networks designs and manufactures high-performance wired and wireless networking products for telecommunications service providers, Internet service providers, utilities, defense and government entities in more than 75 countries. Tejas Networks is part of the Tata group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder.

Tejas Networks reported a consolidated net loss of Rs 6.64 crore in the first quarter of FY23, compared to a net profit of Rs 7.55 crore in the first quarter of FY22. Net income in the quarter was of Rs 125.76 crore, down 12.8% year-on-year. The company said first-quarter revenue was weak as it could not meet customer orders due to component shortages. It makes changes to internal processes and tools to better manage the supply chain.

Shares of Tejas Networks fell 0.73% to Rs 468.80 on Friday, July 29, 2022.

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Twitter is testing a new change to tweets that everyone can enjoy

What do you want to know

  • Twitter is testing by letting you group multiple images, videos, and GIFs into a single tweet.
  • The experiment will focus on how users combine these different media formats to express themselves.
  • You should be able to rearrange the media order in a tweet before posting it.

It’s currently not possible to cram multiple types of media into a tweet, but Twitter is apparently doing a new experiment to remove this limitation for everyone.

According Tech Crunch (opens in a new tab), the social networking platform is testing the ability for users to include images, GIFs and videos in a single tweet. We saw what it might look like a few months ago, thanks to app researcher Alessandro Paluzzi. Twitter has now confirmed that the feature is being tested.

“We are testing a new feature with select accounts for a limited time that will allow people to mix up to four media assets into a single tweet, regardless of format,” a Twitter spokesperson told TechCrunch. “We’re seeing people having more visual conversations on Twitter and using images, GIFs and videos to make those conversations more exciting.”

The company added that the test aims to study how users mix different types of media “to express themselves more creatively on Twitter beyond 280 characters.”

In April, Paluzzi showed how a multimedia tweet could include photos, GIFs and videos at the same time. Apparently, it will also allow you to add or remove media and rearrange them to your heart’s content, just like you can with tweets containing multiple media of the same type.

While a multimedia tweet can make your post seem cluttered, it solves a long-standing flaw in the platform. Whether it will be a divisive feature remains to be seen, though Twitter hasn’t said when it will release it publicly.

Android Central has contacted the company and will update this article as soon as we receive a response.

The multimedia tweet capability is just the latest feature Twitter has experimented with lately. The service previously began testing a CoTweet feature to allow two accounts to post content together. A few weeks ago, it also tested a Notes feature and a way for users to display ads on their profile page.

National Fuel adjusts gas supply fees in Pennsylvania

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National Fuel Gas Distribution Corporation (National Fuel) has submitted to the Pennsylvania Public Utility Commission its annual gas supply charge adjustment that will take effect on August 1, 2022. This adjustment increases the monthly bill for a typical residential customer with a annual use of 102,800 cubic feet of gasoline from $22.98, from $87.13 to $110.11.

The rate adjustment is primarily due to higher natural gas market prices, which increased the cost of the natural gas supplies National Fuel purchases for its customers. Gas supply costs are passed on to customers without markup or profit to National Fuel. Pennsylvania utility companies are permitted to update gas supply charges on a quarterly basis to reflect changes in the market price of natural gas. The next opportunity to adjust gas supply fees will be November 1, 2022.

Market prices for natural gas have increased significantly due to several domestic and global factors that have impacted both supply and demand for this commodity. While gas prices are trending higher than in recent years, National Fuel’s purchasing strategy and use of storage gas helps limit price volatility or spikes and ensures availability of supplies for the next winter heating season.

National Fuel’s gas price comparison price will also increase to $0.90380 per 100 cubic feet (ccf). This benchmark, detailed on the national fuel bill under Gas Supply Charges, is important for customers looking for an alternate gas supplier.

National Fuel customers who are having difficulty paying their bills are encouraged to call 1-800-365-3234 to discuss payment assistance programs, including:

  • Budget plan, which allows for predictable monthly gas bills and stabilized heating payments for the year.
  • LIRA (Low-Income Residential Assistance Program), which offers low-rate monthly bills and debt forgiveness.
  • Deferred payment agreement in which customers can negotiate a payment plan in the event of a problem or special circumstance.
  • LIURP (Low Income Usage Reduction Program), which provides weatherization assistance for customers who meet income and consumption requirements.
  • CARES (Customer Assistance Referral Evaluation Services), which offers payment terms and assistance referrals for customers in difficulty.
  • Neighbor For Neighbor Heat Fund, which helps customers who have difficulty paying their bills and who meet one of the following criteria: be at least 55 years old, be a veteran, be disabled, have a medical condition certified or receive unemployment benefits.

The Pennsylvania Homeowners Assistance Fund (PAHAF) is open. PAHAF supports Pennsylvania homeowners who are experiencing financial hardship as a result of the COVID-19 pandemic and whose household income is at or below 150% of the region’s median income. PAHAF funds help prevent problems with mortgages and disconnections from public services. Owners should visit www.pahaf.org to learn more.

As customers prepare for this winter heating season, National Fuel recommends the following tips for energy efficiency and savings:

  • Use caulk or weatherstripping to reduce air leaks and cut your monthly energy bill by up to 10%. Seal leaks around floors, walls, ceilings, ducts, fireplace, plumbing, doors, windows, fans, vents and electrical outlets.
  • Set thermostats between 65° and 70° during the winter, and 58° when you’ll be away from home for more than a few hours. By setting the thermostats by 10° to 15° for eight consecutive hours, you can save around 5 to 15% per year on your heating bill, or up to 1% for each degree. Or install a programmable thermostat.
  • Change or clean the furnace air filters once a month during the heating season. Ovens consume less energy if they “breathe” more easily.
  • Hot air rises, so use registers to direct the flow of hot air over the floor.
  • Close vents and doors in unused rooms. Close dampers for unused fireplaces.
  • Set your water heater to 120° or medium temperature. Empty a liter of water from the bottom of your water heater tank every three months to remove sediment that can affect the efficiency of your unit.

Like Bill Gates before him, Mark Zuckerberg is having a ‘Pearl Harbor’ moment | John Naughton

The great thing about history is that it repeats itself often – but not necessarily as Marx envisioned it. Here’s a story about the tech industry that illustrates this point.

The first act begins in the spring of 1993, when Marc Andreessen and Eric Bina launched the first graphical browser for the emerging World Wide Web. They called it Mosaic and it was a smash hit because that’s what made ordinary people realize what this internet thing was for. In 1994, Andreessen and Jim Clark started a company that eventually became Netscape, and in October of that year launched a new and improved browser called Netscape Navigator, which within three months had 75% of the fledgling browser market. In August 1995, Netscape went public in a frenetic IPO that sparked the first internet boom.

As their business flourished, Andreessen and co began to think of an even brighter prospect. If web browsers were really the future, they reasoned, and since a PC’s operating system (OS) was really just a life support system for a browser, which needed a complex and expensive operating system such as Microsoft’s MS-DOS?

At this point Bill Gates, co-founder and CEO of Microsoft, woke up. For Microsoft’s main assets were its world-dominant operating system and the Office software suite that ran on it. As a result, on May 26, 1995, he released what came to be known as his “Pearl Harbor” memo to all staff about the “Internet tidal wave” and how the growing dominance of Netscape on it posed an existential threat to Microsoft. “A frightening possibility discussed by internet fans,” he wrote, “is whether they should come together and create something much cheaper than a PC powerful enough for web browsing. “. His conclusion: Microsoft needed a dime to deal with the threat: “We need to move all of our Internet value…to Windows 95 itself as soon as possible with a major goal of getting OEMs.” [ie PC manufacturers] ship our pre-installed browser.

The clear objective was to destroy Netscape by giving all PC owners a free built-in Microsoft browser and it succeeded. But it also nearly destroyed Microsoft, as it triggered antitrust action that nearly broke up the company.

For the second act of our cautionary tale, we must move forward to the present. Meta (born Facebook) enjoyed the same kind of global dominance in social media that Microsoft once had in the PC market. But now he seems to have realized that he could face, if not an existential threat, very serious problems.

Probably the biggest of these is TikTok, the Chinese-owned video-hosting platform that young users are flocking to from Instagram. But the list of other headaches is also daunting. They include: the fact that Apple’s decision to allow iPhone users to opt out of tracking has reduced Meta’s ability to take advantage of it; the fall in Meta’s market capitalization from $1.1 billion to $450 billion (£375 billion) in 10 months; quarterly profits are down for the second consecutive quarter; income as well; the inflated costs of Zuckerberg’s crazy bet on the Metaverse project (whose hardware division apparently lost $3 billion last quarter); the growing interest of regulators and governments in Meta’s business practices; the lingering bad smell given off by Facebook’s ongoing issues with privacy, toxic content and misinformation; and, to top it off, there’s a global recession that the company’s CEO (rightly) is obsessed with.

There are signs that some of these issues are starting to bite. Meta has drastically reduced its recruitment of engineers – from 10,000 per year to 6,000 – for example. And he made panicked changes to the commodities. Instagram is transitioning from a photo platform to one that favors short videos – just like TikTok. Older people, who increasingly seem to be Facebook’s top users, are now being offered two options for their News Feeds: one, a “discovery” tab that provides an organized feed of stories from around the world algorithmically, the other a chronological list of posts by their friends. Less dramatic (but perhaps more telling) are the small changes to employee perks: more free laundry or dry cleaning services, for example. Or the fact that the start time for free dinners has been moved from 6 p.m. to 6:30 p.m.!

But perhaps the decisive clue that Mr. Zuckerberg has reached his “Pearl Harbor” moment is the fact that he summoned Meta executives from around the world to a hastily organized meeting in San Francisco earlier this month. Before showing up, they had to read a speech from their boss. But unlike the 5,584-word memo Bill Gates used to wake up his colleagues, Zuckerberg’s executives had to work their way through a 122-page slide deck on “operating with heightened intensity.” It’s almost enough to make you feel sorry for them. Almost.

what i read

poor laws
If you tend to assume that lawyers are always wealthy professionals, then an article by Joanna Hardy-Susskind on the Law and Policy blog might give you pause. It certainly had that effect on me.

Hitch
Moderation or Death, Christopher Hitchens’ masterful 1998 review of Michael Ignatieff’s biography of Isaiah Berlin, is on the London book review to place.

Permanent pandemic
Endemic Covid-19 Looks Pretty Brutal Sobering New York Times play by David Wallace-Wells.

Network as a Service Market to be Worth $46.6 Billion by 2027 – Exclusive Report by MarketsandMarkets™

/EIN News/ — Chicago, July 29, 2022 (GLOBE NEWSWIRE) — Network as a service market The size is expected to grow at a compound annual growth rate (CAGR) of 19.0% over the forecast period, to reach USD 46.6 billion by 2027 from USD 13.2 billion in 2022, according to a new MarketsandMarkets™ report. Virtual private networks (VPNs), MPLS trunks, and other outdated network architectures can all be replaced by NaaS. Additionally, it can take the place of on-premises network infrastructure like load balancers and firewall appliances. Enterprise network architecture has been significantly affected by NaaS, a newer approach to routing traffic and enforcing security requirements.

Browse the in-depth table of contents at “Network as a service market
277 – Tables
35 – Numbers
296 – Pages

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Based on type, network security segment is expected to grow at the highest CAGR during the forecast period

The Network as a Service market by Type is segmented into LAN & WLAN, WAN, Communication & Collaboration, and Network Security. Based on the type, the network security segment is expected to grow at the highest CAGR during the forecast period. Globally, there is a lot of corporate, private, and regulatory data about connecting to the network. The increase in cyberattacks against businesses has resulted in significant social and economic losses. As a result, organizations have had to invest more in security, which is expected to drive the expansion of network security segment in the projected year.

Small & Medium Business Segment is Expected to Grow at the Highest CAGR Over the Forecast Period

Based on organization size, the small and medium business segment is expected to grow at the highest CAGR for the network as a service market during the forecast period. The network as a service market by organization size is segmented into large enterprise and SME. The adoption by SMEs of contemporary IT infrastructures and the optimization of operational processes are two aspects expected to promote the growth of the sector throughout the projected period. By combining cloud computing, automation and virtualization, a distribution system has been created that provides connection support for small businesses in a much more affordable and reliable way. Especially as they transition to automation, cloud, and experiment with cutting-edge digital technologies, small businesses are expected to increase their IT investments, which will benefit NaaS providers.

Based on region, North America will have the highest market size during the forecast period

Based on region, North America will have the highest market size during the forecast period. The United States is a major contributor to the expansion of the market in North America. Early acceptance of cutting-edge technical solutions as well as notable evaluation of the program by industry stakeholders through collaborations with multiple industry participants are both responsible for the increase. The network as a service market in North America is booming due to the widespread adoption of cloud computing, sophisticated IT infrastructure, and increasing consolidation of major organizations in the industry.

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Some of the main Network as a service market providers are AT&T (US), Verizon (US), Telefonica (Spain), NTT Communications (Japan), Orange Business Services (France), Vodafone (UK), BT Group (UK), Tata Communications (India), Lumen (US), Comcast Business (US), Axians (France), Servsys (US), TELUS (Canada), KDDI (Japan), Cloudflare (US), PCCW Global (China), China Telecom (China), Singtel (Singapore), China Mobile (China), GTT Communications (USA), Aryaka Networks (USA), Telia (Sweden), Telstra (Australia), Deutsche Telekom (Germany), Colt Technology Services (UK), Wipro (India), HGC (China), TenFour (US), PacketFabric (US), OnX Canada (Canada), Megaport (Australia), Epsilon (Singapore), IPC Tech (USA) and Microland (India).

Browse adjacent markets: Data Center and Network Market Research reports and advice

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After annoying users, Instagram suspends Tiktok-like features

After facing backlash from its users for losing its originality, social media platform Instagram decided to remove its Tik-Tok-like features.

The photo and video sharing social networking service has consistently tried to outpace competitor TikTok in the race for more views. The efforts are mainly the result of its parent company Meta to change the Instagram and YouTube interface so that users can watch videos and photos in a similar way to its rival TikTok.

Some of the changes that have been criticized by users include shortened videos playing, showing them full screen like TikTok does, and recommending posts from strangers.

However, Instagram’s plan has not gone down well with its users, as many of them have launched a campaign against the social networking service for becoming similar to TikTok. As a result, it decided to suspend features that users campaigned against, according to a report published Thursday in Platformer’s Tech Newsletter.

Alongside the public, many international celebrities have also joined the bandwagon of activists to speak out against Instagram. Celebrity sisters Kim Kardashian and Kylie Jenner were among the most vocal users to post messages on social media this week calling on the company to “Instagram remake Instagram” and stop trying to be like TikTok. The slogan originated from a change.org petition that had received more than 229,000 signatures as of Thursday evening.

“Let’s go back to our roots with Instagram and remember that the intent behind Instagram was to share photos, for Pete’s sake,” the petition read.

Before deciding to pause the controversial features, Instagram chief Adam Mosseri responded to the controversy on Twitter earlier this week. In the video he posted to Twitter, Adam assured the public that the features are in the trial phase and are being tested with a small number of users to keep Instagram fresh.

“I’m glad we took a risk,” Mosseri said Thursday in an interview with Platformer’s Casey Newton.

“But we absolutely have to take a step back and regroup. If we don’t fail once in a while, we’re not thinking big enough or bold enough,” Mosseri said.

Mosseri argued that the shift to more videos would happen even if the service didn’t change anything, as users increasingly share and search for video snippets.

“If you look at what people are sharing on Instagram, it’s moving more and more to video over time, we’re going to have to look at that shift,” Mosseri said.

Meta chief Mark Zuckerberg backed that position in an earnings call on Wednesday, saying people are increasingly watching videos online.

Both Meta and Google are among the companies facing increased competition from TikTok for people’s attention and have launched their own short form video sharing versions.

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LIZHI deepens partnership with Huawei HarmonyOS with launch

GUANGZHOU, China, July 27, 2022 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, announced that its in-car audio products have been integrated into the HarmonyOS ecosystem of Huawei featured in AITOHuawei’s M5 and M7 smart vehicles – marking the latest milestone in LIZHI’s ongoing partnership with Huawei’s HarmonyOS smart car cockpit operating system.

Since the Huawei Developer Conference in October 2021, LIZHI has already integrated LIZHI Podcast, the company’s flagship vertical podcast platform, into the HarmonyOS ecosystem and the smart car cockpit operating system powered by HarmonyOS.

The start of the partnership between Huawei and LIZHI last year also marked the launch of LIZHI Podcast’s “one-click seamless connectivity” function, which supports multi-screen connection and the use of LIZHI Podcast between HarmonyOS-powered devices for an uninterrupted podcasting experience. LIZHI Podcast is one of the first HarmonyOS vehicle ecosystem partners in China to realize two-way seamless connectivity between mobile devices and vehicles, and the first Chinese podcast platform in China to bring this function to users.

LIZHI is committed to satisfying users’ needs for high-quality audio content and providing a diverse range of audio entertainment that can be accessed seamlessly across multiple platforms at the same time. Through LIZHI’s partnership with the HarmonyOS and AITO ecosystem, AITO users will be able to enjoy LIZHI’s vast library of premium audio content and an innovative in-car audio entertainment experience.

Leveraging LIZHI’s proprietary real-time communication (RTC) and audio data transmission technology, dubbed “DOREME”, Huawei and LIZHI are also collaborating to advance in-car audio technology and will jointly deploy more in-car audio features providing interactivity and multi-device interconnectivity.

Mr. Jinnan (Marco) Lai, Founder and CEO of LIZHI, said, “We are delighted to be continuously working with Huawei on the HarmonyOS smart car cockpit operating system, which enables LIZHI to deliver our in-car audio applications. to a wider audience via AITO Vehicles. We also believe this partnership will significantly enhance the in-car audio entertainment and driving experience by providing users with interactive audio features and an ever-growing library of podcast content.

“LIZHI is committed to expanding existing relationships and cementing new partnerships with leading automakers and IoV platforms, while continuing to improve and optimize our audio applications for a wide variety of usage scenarios.”

About LIZHI INC.

LIZHI INC. has created a complete audio-based social ecosystem with a global presence. The Company aims to meet users’ interests in audio entertainment and social networking through its product portfolios. LIZHI INC. envisions an audio ecosystem where everyone can be connected and interact through voice. LIZHI INC. has been listed on Nasdaq since January 2020.

For more information, please visit: http://ir.lizhi.fm.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements that are not of historical fact, including statements about the company‘s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some instances, forward-looking statements may be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, ” intends to”, “plans”, “believes”, “potential”, “continues”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release speaks as of the date of this press release, and the Company undertakes no obligation to update such information except as required by applicable law.

For investor and media inquiries, please contact:

In China:
LIZHI INC.
RI Department
Tel: +86 (20) 3866-4265
Email: [email protected]

Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
Email: [email protected]

In the USA:
Piacente Group, Inc.
Brandi Piecente
Tel: +1-212-481-2050
Email: [email protected]

E-Home Household Service Holdings Limited begins supplying

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FUZHOU, China, July 26 10, 2022 (GLOBE NEWSWIRE) — E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), a provider of integrated home services in China, today announced that the Company is starting to supply raw ingredients for traditional Chinese medicine through the acquisition of a majority stake in Zhongrun (Fujian) Pharmaceutical Co., Ltd. (“Zhongrun”).

E-Home announced on July 22 that the company had acquired a 55% stake in Zhongrun, which operates as a drug wholesaler and logistics distributor specializing in all kinds of (patented) traditional Chinese medicines, antibiotics, dietary supplements and medical devices.

Zhongrun has entered into and will seek to expand its partnership with hospitals, clinics and pharmacies in China to increase sales and also supply key plant ingredients for the production of specialty Chinese medicines rooted in ancient knowledge and principles.

Some of the ingredients provided by Zhongrun have been used for thousands of years as essential herbs in traditional Chinese medicine, which may have health effects such as lowering blood pressure, relieving cold and flu symptoms , reduce pain and strengthen the immune system against contagious diseases.

Mr. Wenshan Xie, Chairman and CEO of E-Home, said, “Traditional Chinese medicine has a long history. As more and more Chinese explore new health trends, we believe that traditional Chinese medicine products with health and healthcare effects have significant growth potential. The acquisition of Zhongrun gives E-Home opportunities to enter China’s large medicine and healthcare industry. We will leverage our advantages to provide our customers with efficient and high quality healthcare and supply chain services. Meanwhile, increasing sales of traditional Chinese medicine products will also help safeguard our company‘s business performance. »

About E-Home Household Service Holdings Limited

Founded in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The Company, through its website and WeChat platform “e家快服”, provides integrated home services, including 1) installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, sister-in-law and cleaning services; 3) Internet Elderly Care + Home Elderly Care; 4) Hospital care; 5) Nanny delivery platform.

After years of development, the Company has formed two main services and four auxiliary services targeting individuals (ToC) and enterprises (ToB). 1) The ToC business focuses on nanny, sister-in-law, elderly home care and cleaning, and comprehensive family service supplemented with other housekeeping services. At present, it has successfully connected with metaverse technology to realize metaverse-based customer service as well as domestic worker training. The ToB business focuses on public cleaning and robotic cleaning equipment. Four ancillary services include 1) docking and applying metaverse technology to the janitorial and cleaning industries; 2) online and offline drug and health food sales (including nannies and nursing workers); 3) training nannies and caregivers to engage in health care in physical stores; 4) human resources (flexible employment).

E-Home has become a modern full-service company for family life. The company always adheres to the business philosophy of “solving every customer problem with heart” and the code of conduct of “doing everything well with heart”. The Company aims to set the benchmark for the household services industry. For more information, visit the company’s website at http://www.ej111.com/ir.html.

Forward-looking statement

All statements other than statements of historical facts contained in this announcement are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties and are based on expectations and projections of future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential “, “continues”, “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from anticipated results and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, that could affect the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors.

For more information please contact:

Chunming Xie

Investor Relations

Email: [email protected]

Telephone: +86 15359908086

Janice Wang

EverGreen Consulting Inc.

Email: [email protected]

Phone: +1 470-940-3308 (from the United States)

+86 13811768559 (from China)

Top 5 Cloud Networking Trends in 2022

When you think about it, the cloud is really about networking. A large repository of data or computing power exists in some nebulous or other place. To be useful, it must quickly provide data or processing resources. Otherwise, why bother? Nobody would pay for the cloud if it turned out to be much slower than if the same services were available internally.

Here are some of the top cloud networking trends for 2022:

The Grand Challenge of Cloud Networking

Enterprises today are evaluating how to develop applications that take advantage of IoT, mobile connectivity, and artificial intelligence (AI) at scale. According to most surveys, they plan to roll out such apps within the next five years. But at the same time, they admit that if they could demonstrate their ability to deliver more products at lower cost with greater reliability, they would develop and deploy such applications much sooner. Cloud networking performance gets in the way.

“While the decision to implement a proof-of-concept or lightweight mobile application on the public cloud may be straightforward, more mission-critical, mission-critical, and data-intensive applications will likely require hybrid multi-cloud deployments,” said Mike Mulica. , CEO of Alef.

“It’s not about one or two cloud deployments; there are more mid-to-high single-digit private and public clouds, making cloud (inter)connectivity performance paramount.

Intent-Based Networking

There are a growing number of applications where architecture, cloud, and infrastructure decisions become critical at the application design stage. Connectivity must be there for the application to succeed due to the complexity of multi-cloud interactions.

“Such connectivity must address critical design considerations and this is where intent-based networking becomes important,” Alef said.

Intent-based networking specifies connections and characteristics without knowing exactly how that connection is made. It is a software-enabled automation process that uses high levels of intelligence, analysis, and orchestration to improve network operations and availability. Cloud networking must incorporate intent-based networking if it is to meet the challenge.

Deterministic networking

Besides intent-based networking, the challenges of modern cloud architectures demand another change from traditional networking. Known as deterministic networking, it encompasses the implementation of deterministic data paths for real-time applications with extremely low data loss rates, packet delay variation (jitter), and limited latency. .

Intent-based and deterministic networking is essential for enterprises to accelerate the development and implementation of industrial automation applications,” said Alef.

internet security

As the network expands, clouds become more complex, and networking becomes more mission-critical, security becomes more important. A big trend, therefore, is that network managers are being forced out of their rigidly defined box to encompass a wider range of tasks, especially network security.

They may protest that they are in the business of networking, not security. But just as many other areas of computing have converged, the worlds of networking and security have become inextricably linked. Today’s network specialists only need a cursory knowledge of security protocols and best practices. They need to be able to set up secure networks, rather than waiting for security specialists to clean up their messes after the fact.

This trend is easy to see when you study networking courses today compared to ten years ago. The amount of security data now dwarfs what network specialists were once required to know.

SASE fills the void

There are, of course, many security technologies that are intimately tied to networking. Intrusion prevention/detection systems, Secure Web Gateway (SWG), Cloud Access Security Broker (CASB), Zero Trust Network Architecture (ZTNA), and Firewall-as-a-Service (FWaaS) technologies are just a few examples. But having so many separate tools to monitor network security can play into the bad guys’ hands. If these tools do not interact and allow for integrated management and monitoring, alerts may be missed. The consequences can be horrific.

According to Dell’Oro Group, Security Services Edge (SSE) fills the void by providing a way to manage these disparate tools centrally and efficiently. The SSE market grew 40% year-over-year to reach sales of $800 million in the first quarter of 2022. SSE encompasses a large number of security and networking elements, including SWG, CASB , ZTNA, FWaaS, etc.

“We identified SSE as an initial basket of four cloud-delivered security technologies that underpin security in SASE,” said Mauricio Sanchez, research director, network security and SASE & SD-WAN at Dell’Oro Group. .

“In the era of distributed applications and hybrid working, enterprises increasingly prefer cloud-delivered security over traditional on-premises solutions.”

Spotlight HookedIn Series: Ian McKenna

Introducing our HookedIn Spotlight Series! More than 20,000 Longhorns log onto the world’s largest burnt orange social network, and these Longhorns deserve recognition. Ian McKenna is a sophomore civil engineering student from Austin; HookedIn mentee; and uses HookedIn for career advice, networking and investing in the future. We asked Ian to answer a few questions about his time at UT and more.

What’s your Twitter bio?

Ian McKenna– @ianmckenna2004

Youth Hunger Advocate, Katie’s Krops Grower, NKH Youth Ambassador, UT Austin ’25, Time Kid of the Year Top 5, TFK Reporter, Master Gardener & WX Nerd

How does HookedIn help you on your career path?

HookedIn has been extremely helpful over the past year and participating in the pilot mentorship program has been amazing. My mentor gave me great advice and was also available to help me with an extra study session whenever I needed it. I’ve learned so much in the short time I’ve been on HookedIn and can’t wait to see what the future holds.

What is your motto?

My motto is “Be a good human” because I believe we should always be the best versions of ourselves. The world needs more positivity and the best way to achieve that is always to be a good person.

What is your best memory from UT?

My favorite memory from UT was actually in 2016, long before I even applied to be a Longhorn. I was invited to attend my very first UT Football games and thanks to a generous sponsor I was able to step onto the pitch and meet Bevo before the game.

Who are your heroes?

My heroes are my mother and David Yeomans, KXAN’s Chief Meteorologist. My mom raised me and my younger brother on her own, and she was always supportive, taught me how to stand up for myself, and encouraged me to be my best self. David Yeomans started guiding me when I was very young and instilled in me a passion for science. Thanks to him, I learned a lot about weather and climate change and I hope to be able to use green technology in the projects I work on in the future.

You have 24 hours to eat at any restaurant that has ever existed in Austin, where do you go?

I would probably pick a place I went to a lot as a kid and that would be Cannoli Joe’s. I remember how many times my family and I went there. It was an Italian inspired buffet, and I loved the pasta and the fried calamari. This place has so many fun memories and I was so sad when it closed.

What do you consider your greatest achievement?

When I was 8 years old, I learned that one in four classmates depended on the school meals program. This inspired me to start my donation gardening program, where I grow and donate produce to the community to help alleviate hunger. I have donated over 23,000 pounds of organic produce to the Austin community.

Are you involved in student organizations on campus? If so, how does this affect your experience?

Yes, I have participated in a few student organizations on campus. One program that had a significant impact for me was participating in the Longhorn TIES program, which helps support students with autism. During a particularly stressful week, I took some time off from my studies to attend a session, and I was so glad I did. I really need this time to decompress and relax. I was so refreshed afterwards and realized that sometimes I need to take a break even though I don’t think I do.

Have you ever changed majors?

From a very young age, I have always been fascinated by engineering. I remember I was fascinated by roller coasters and their functions, and I wanted to learn more. I don’t think I will ever change specialization because civil engineering is what I like.

What are the essential items in your backpack?

The essentials in my backpack are my laptop, tablet, notebook, pencils, calculator, reusable water bottle, and hot sauce.

Where is your favorite place to study?

My favorite place to study is on the PCL campus. I love using the quiet rooms we can book in this library.

Connect with Ian and other Longhorns on Hungthe official University of Texas networking platform.


Perth-based Nexion to buy New Zealand companies to support Australia’s east coast ambitions – Finance – Servers & Storage

Nexion announced an agreement to acquire New Zealand IT companies Aiscorp and Silicon, which will provide local resources and expertise to help deliver contracts with bluechip NZ customers and provide a foundation for Nexion’s planned expansion into Canada.

The Perth-based colocation and networking provider said in an ASX announcement that the acquisitions would triple the size of Nexion.

The company said its pro forma revenue for fiscal 2022 was $18.3 million. Aiscorp and Silicon’s combined unaudited revenue at the end of New Zealand Financial Year 2022 (31 March 2022) was $11.71 million and EBITDA was $1.12 million , assuming NZD/AUD assuming an exchange rate of 0.90 cents.

Nexion Group CEO Paul Glass said the acquisition of the two cloud infrastructure service providers in the region would support its goal of becoming a global hybrid cloud operator and SD-WAN infrastructure provider.

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“Aiscorp and Silicon are exceptional companies with a long history of providing services in the Pacific region and will continue to operate as independent and complementary members of the Nexion group.”

“Nexion’s vision is to provide services in eight regions around the world and the completion of these acquisitions lays the foundation for our second region called NEXION Pacific, which stretches from the east coast of Australia to the west coast of Australia. North America.”

“Our next stop is Canada, so a base in Wellington makes acquisitions and growth in that time zone much more efficient.”

Glass said that since Nexion launched its $8 million IPO in 2020 and then went public in February 2021, it has continued its global expansion through a combination of acquisitions and organic revenue growth. .

For example, Nexion acquired Perth-based telecommunications provider Blue Sky Telecom for $2 million in 2021 and saw strong first-half revenue growth from an expansion of its hybrid cloud customer base in March this year.

The purchase is subject to conditions such as the completion of due diligence, Nexion obtaining the approval of its board of directors, shareholders, regulator and third parties and the lifting by Nexion of at least $7.425 million in cash through debt and/or equity, Nexion said.

Settlement occurs when all conditions are met and if conditions remain unsatisfied after November 30, 2022, either party may terminate the agreement.

Upon termination, if Nexion’s stock price is less than 20 cents, a stock adjustment amount will be issued to account for the valuation shortfall.

Vehicles begin to be removed from MV Holiday Island; ferry service canceled for Monday

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Ferry service between P.E.I. and Nova Scotia will be canceled for another day as Northumberland Ferries continues to deal with the aftermath of the MV Holiday Island fire.

The company told customers by text around noon on Sunday that service would not resume on Monday. It now aims to resume travel between Caribou, Nova Scotia, and Wood Islands, Prince Edward Island, with the MV Confederation beginning Tuesday morning.

Northumberland Ferries says the cancellation is due to “ongoing recovery efforts and customer service” related to the MV Holiday Island, which had to be evacuated two days ago due to a fire.

Tugboats managed to tow the vessel to a berth in Wood Islands harbor on Sunday morning after the company’s plan to do so was approved by the Canadian Coast Guard on Saturday evening.

Passenger vehicles removed from the vessel

The Holiday Island MV airs on Sundays. The vessel was towed to port early in the morning. (Radio Canada/Tony Davis)

On Sunday afternoon, passenger vehicles could be seen exiting the ferry, although no update was provided as to their exact condition or the status of personal effects left behind by passengers.

Eighty-three vehicles were on the ship. Northumberland Ferries said on Saturday all pets had been rescued and there were no livestock or dangerous cargo on board.

More than 200 passengers and staff were evacuated from the ship as it headed for Wood Islands on Friday, with no major injuries reported.

Some of the passengers were waiting at the port of Wood Islands on Sunday to check their vehicles.

The company said in a statement that the fire, which started in the ship’s engine room, appears to have been extinguished since Saturday afternoon. But there will now be a process to check if it’s completely out through the ship.

On Saturday, the company said it believed the fire was contained to the ship’s engine room and funnels.

Northumberland Ferries said it will also check the stability and structural integrity of the ship, remove the water and also put in place environmental protection measures.

A protective barrier has been placed around the ship in case fuel or oil leaks.

Two tugs towed the ship, a third serving as reinforcement. (Radio Canada/Tony Davis)

“We understand the importance of returning vehicles to our customers and it is a priority,” Vice President Don Cormier said in the statement. “But we ask customers not to return to the terminal until instructed to do so.

“We will continue to communicate separately and directly with our customers regarding all of the above.”

Two tugs secured the ship alongside with a third as reinforcement. The plan started at 6 a.m. and was finished at 8:30 a.m.

Northumberland Ferries said it would give a further update on Monday regarding the resumption of service.

Market sell-off: 2 growth stocks down more than 40% to buy hands on fist

The year 2022 promises to be quite difficult for the American stock market. Soaring inflation should cause the Federal Reserve to continue raising benchmark interest rates, which could further stifle economic growth in the near term. Unsurprisingly, both the S&P500 and the Nasdaq Compound are down 17% and 24%, respectively, since the start of the year.

While bear markets can be painful for many investors, they provide a window of opportunity for bargain-hunting investors looking for fundamentally sound companies. Business spending on areas such as networking, security and surveillance will be less affected during a recession, as these are essential business services. Thus, companies such as Cloudy (REPORT -7.47%) and Datadog (DDOG -7.35%) should continue to grow even in difficult market conditions.

Here’s why these companies may prove to be attractive investment opportunities in July 2022.

1. Cloudy

Shares of Leading Player in Cloud-Based Content Delivery Network (CDN) and Distributed Denial of Service (DDoS) Cybersecurity Cloudy (REPORT -7.47%) are down more than 56% since the start of the year. Investors are worried about stocks with negative free cash flow in tough economic times. The company is also not yet profitable, primarily due to large stock-based compensation expenses among other general and administrative expenses. Despite these challenges, the magnitude of the equity price correction appears unwarranted.

Cloudflare’s cloud-native, edge-based network (data computing is performed in localized data centers closer to end users rather than a centralized location) spans 270 cities in over 100 countries around the world . The company provides its customers with a highly efficient, scalable, affordable and secure software networking solution that helps improve the performance, reliability and security of their critical applications and software infrastructure. The company also offers tools for developers to build and run custom programmable apps on the Cloudflare platform.

Cloudflare has managed to successfully implement a “freemium” pricing model. Here, basic networking and security services are offered free to customers, and customers have to upgrade to paid plans to access advanced features. The strategy appears to be working well, given that the company’s number of paying customers has grown annually at a compound average growth rate (CAGR) of 28%, from 73,555 in the first quarter of 2019 to 154,109 in the first. quarter of 2022 (end March 31, 2022). The company’s large customers (paying annualized revenues greater than $100,000) grew at a much faster rate each year with a CAGR of 66%, growing from 336 to 1,537 in the same frame.

Cloudflare reported a net dollar retention rate (DBNRR) of 127% in Q1. This means paying customers in Q1 2021 spent 27% more on Cloudflare solutions in Q1 2022, including the impact of customer churn. With customers switching to more Cloudflare products, it has become more difficult for them to switch to the competition. The company’s gross retention rate of over 90% highlights the loyalty of its customer base.

Cloudflare is currently targeting a total addressable market of $115 billion, which is expected to grow to $135 billion by 2024. Against this backdrop, with the company’s revenue of just $656 million in 2021, there remains significant potential future growth in the years to come. quarters.

2. Data dog

Shares of Datadog, a leader in application performance monitoring and observability, have fallen 40% so far this year. This drop can be attributed mostly to broader market declines. However, the fundamental history of the company is intact.

Datadog has managed to grow its revenue year-over-year by more than 65% since 2017. The company is targeting an estimated market of $42 billion in 2022 and is expected to reach $53 billion by 2025.

Datadog’s customer count grew 30.3% year-over-year to 19,800 at the end of the first quarter (ended March 31, 2022). Currently, 81% of customers use more than two products and 35% use more than four products. The company reported an impressive increase in large enterprise customers (paying annual recurring revenue of over $100,000 and $1 million). Additionally, existing customers have consistently spent more on Datadog’s solutions in subsequent years, as evidenced by its DBNRR of over 130% for the past 19 consecutive quarters. The company’s gross dollar revenue retention rate of over 95% also highlights its low churn rate. A loyal customer base including several large customers coupled with an effective upselling strategy can help Datadog withstand the pressures of the recession.

Datadog is not yet a profitable business. However, the company already has a positive cash flow. The company is currently trading at 13.2 times forward sales, the lowest since January 2021. Considering all of these positives, this growth stock seems like a smart long-term investment.

Manali Bhade has no position in the stocks mentioned. The Motley Fool holds positions and recommends Cloudflare, Inc. and Datadog. The Motley Fool has a disclosure policy.

FG strengthens APCON to attract investment — Minister of Information — Nigeria — The Guardian Nigeria News – Nigeria and World News

Information and Culture Minister Alhaji Lai Mohammed said the government has approved the implementation of the Advertising Practitioners Council of Nigeria (APCON) reform initiatives to strengthen the advertising ecosystem, encourage inclusive growth and attracting investment in industry. .

The Minister revealed this yesterday in Epe, Lagos State during the 49th Annual General Meeting of the Association of Advertising Agencies of Nigeria (AAAN).

“As many of you know, one of the bold and necessary steps we have taken in recent times is the endorsement of APCON’s ongoing reform initiatives. The reform aims to strengthen the advertising ecosystem, encourage inclusive growth and attract investment in the sector,” he said.

In his article titled “The New World Order: Digital Transformation in Communication”, the Minister said that advertising and brand marketing are great examples of sectors where consumer data is essential, hence the need for leverage technology for direct engagement with audiences.

He said that in a world rapidly changing in its dynamics of opportunity and risk, speaking directly with consumers in a data-driven environment has brought brands and entrepreneurs closer to their consumers than
never before.

“The chances of success or solution to any challenge in this new world order are as high as our regard for the power of digital technology.

And the entrepreneurial opportunities that lie in wait at this crossroads between technology and the economy of industries like advertising and brand communications are vast, and you, as industry leaders, must continue to harness a variety of talents and skills to make the most of the opportunities presented,” said Mohammed.

He said realizing the power of technology in brand communication necessitated the establishment of the Ministerial Audience Measurement System Task Team to provide a legal and constitutional framework for national understanding, systemic, accountable and data-driven of the impact of communication on consumer behavior.

Mohammed expressed the wish that all concerned parties of the ministerial task force will be able to complete the tasks in order to initiate the necessary legislative processes for the implementation of the hearing measure before the end of this administration. .

He, however, advised AAAN to be wary of the powerful impact of deliberately false news, orchestrated misinformation and demarketing by unscrupulous and faceless online vendors, which pose enormous risks to the communication of the brand because they undermine the most essential ingredient of successful consumer engagement, which is trust.

“We need you, as seasoned communicators and key stakeholders, to also consider the ripple effect of fake news and misinformation on the economics of advertising and brand marketing, at the both short and long term. It ambushes every brand promise and every potential argument you make in favor of your products and services,” Mohammed said.

He said the federal government is committed to exploring all opportunities offered by social networking sites, such as Facebook, Twitter, Instagram and WhatsApp, for the benefit of the people, noting that some of the major tech giants have shown their interest in investing and exploring business opportunities in the Nigerian digital space.

In his welcome address, AAAN Chairman, Mr. Steve Babaeko commended the Minister for his tireless efforts in repositioning the advertising ecosystem in Nigeria.

The Minister was accompanied at the event by the Registrar/Managing Director of APCON, Dr. Olalekan Fadolapo, and the Managing Director of the Nigerian Tourism Development Corporation, Mr. Falorinso Coker.

Segun Adeyemi Special Assistant to the President (Media)
Office of the Minister of Information and Culture
Epe, Lagos State
July 23, 2022

Schlumberger raises revenue forecast as oil services boom

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The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. Schlumberger, the world’s largest oilfield service provider, said it will cut 9,000 jobs, or about 7% of its workforce, as it focuses on cost control amid falling oil prices. REUTERS/Richard Carson

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July 22 (Reuters) – Schlumberger NV (SLB.N) raised its full-year revenue forecast on Friday after beating analysts’ second-quarter profit forecast, buoyed by stronger demand for its oilfield services and equipment.

The company benefited from an upturn in activity driven by higher oil and gas prices. Global crude prices hovered above $100 a barrel last quarter, fueled by tight supplies following Western sanctions on the top Russian producer and the return of energy consumption to levels near those before the pandemic.

“The multi-year bull cycle continues to gain momentum, with upstream activity and service pricing steadily increasing both internationally and in North America, translating into a stronger outlook for Schlumberger” , Chief Executive Olivier Le Peuch said in a statement.

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Schlumberger’s upbeat outlook follows a mixed quarter for the world’s largest oilfield service providers. Baker Hughes warned that the demand outlook for the next 12-18 months is “deteriorating” while Halliburton Co (HAL.N) forecast “several years” of increased activity.

Schlumberger said he now expects a percentage increase in teen revenue for 2022, which would be at least $27 billion. He had previously predicted growth in mid-teens.

Schlumberger shares rose 2.7% to $34.52 in premarket trading.

Rising crude prices led to a 57% jump in the number of U.S. rigs and an 8.7% year-over-year increase in the number of international rigs, according to data from Baker Hughes .

Schlumberger reported net income of $959 million, or 67 cents per share, for the quarter ended June 30, compared with $431 million, or 30 cents per share, a year earlier.

Per share, Schlumberger reported earnings of 50 cents, versus an average analyst estimate of 40 cents, according to IBES data from Refinitiv.

Revenue of $6.8 billion also beat Wall Street’s forecast of $6.28 billion, according to IBES data. International sales increased 12% from the previous quarter, while in North America, revenue jumped 20%.

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Reporting by Rithika Krishna in Bengaluru; Editing by Sriraj Kalluvila and Elaine Hardcastle

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Disney Hosts Day of Fun and Networking for Transitioning Military Service Members

Disney likes to honor and support service members and veterans through employment programs. These help them find meaningful work after serving their country. Disney Parks Blog shared more about these wonderful programs.

What is happening:

  • Disney loves finding ways to support our military, and a big part of that is helping them find meaningful work after their military service.
  • They enjoy working with other like-minded organizations, including the United States Chamber of Commerce’s “Hiring our Heroes” program.

  • This program connects the military community as well as military members, military spouses, and veterans with U.S. companies to provide networking training and hands-on experience.
  • One of the many organizations that participate as a corporate host is the Corporate Fellowship Program. This gives participants 12 weeks of civilian work experience to ease the transition after serving their country.
  • Recently, Disney was honored to welcome a cohort of sixty service members (thirty of whom participated virtually), who can participate in this program with a diverse group of Central Florida businesses. They were able to share tips for success and networking.
  • They were also able to visit Disney’s Animal Kingdom and experience all the excitement that Pandora – The World of Avatar encompasses.

  • After a fun day at the park, they took a behind-the-scenes tour of some of the facilities and attended a panel discussion with Disney cast members who are military veterans themselves and part of our affinity group from “Disney SALUTE” veterans.
  • This is hosted by US Army veteran Dan Grundvig, Supplier Sustainability Manager, and as a transitioning military service member now working at Disney. He understands exactly what they are going through.
  • To learn more about programs like the US Chamber of Commerce Foundation’s Hiring Our Heroes, go to hiringourheroes.org.

  • Registration is now open for the Veterans Institute Summit.
  • Next month, Disney is hosting the Veterans Institute Summit on August 19-20 at the ESPN Wide World of Sports Complex in Walt Disney World Seaside resort.
  • The two-day event will be designed to empower companies to create their own effective veteran hiring, training and support groups.

What they say :

  • “We greatly appreciated the hospitality,” said Aleksandra Johnston, Associate Director (East) of the Enterprise Fellowship Program at Hiring our Heroes. “Working alongside companies like Disney gives our service members a chance to network and gain hands-on experience so they can begin their new careers after military service. Veterans and their families bring incredible value and expertise to business, and we are happy to run programs that connect the two.
  • “It was a great honor to host this group of incredible men and women,” Dan said. “Programs such as military scholarships give our military members the tools to successfully transition into a new line of business while celebrating their incredible contributions to our country.”

Woman robbed of Dhs7,000 after being lured into buying cat online, gets compensation in Abu Dhabi

A social media post displaying the promised cat for sale.

Aya Al Deeb, Staff reporter

The Abu Dhabi Family and Civil and Administrative Court ordered two people to pay a woman Dhs 10,000, including Dhs 7,000 she had already paid them for the purchase of a cat she had seen on the social networking site Instagram, and 3,000 Dhs in compensation for the damages she suffered following the seizure of her money.

The details of the case go back to an earlier time, when a woman filed a lawsuit in which she demanded to make two people pay her Dhs 7,100, in addition to Dhs 5,000 in compensation for property damage. and morals, in addition to the costs and expenses of the case.

The complainant indicated that the respondent had fraudulently stolen 7,100 Dhs from her by computer means. She attached a copy of a criminal verdict to the trial.


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The court said that the respondent, through the social networking site Instagram, deceived the complainant by selling her a cat, and after transferring Dhs 7,100 to her account, after that they did not respond to her and she did not did not receive the cat.

The court pointed out that there was evidence that the respondent deliberately did not hand over the cat.

The court ordered them to return the sum transferred to them by the woman, ie 7,100 Dhs, as well as 3,000 Dhs in compensation for the material and moral damages she had suffered.

They were also ordered to pay the costs and expenses of the trial.

Travis Kalanick’s CloudKitchens fires chief revenue officer from Juniper Networks

  • Travis Kalanick’s shadow kitchen startup CloudKitchens has hired a new chief revenue officer.
  • Marcus Jewell, who came from Juniper Networks and started earlier this summer, has big hiring plans.
  • Jewell said on LinkedIn that he wants to hire more than 200 sales reps and managers in the United States.

The new chief revenue officer of CloudKitchens, Travis Kalanick’s fast-growing ghost kitchen startup, has big plans for expansion.

Marcus Jewell joined the Los Angeles company earlier this summer, a CloudKitchens employee said — a move that hadn’t previously been reported. Jewell has spent the past five years at Juniper Networks, a publicly traded networking technology company where he was most recently chief sales officer and chief revenue officer, according to his LinkedIn profile.

Jewell has significant growth plans for the CloudKitchens sales unit, publishing on Tuesday that it wants to hire 200 account executives and 22 managers in the United States alone. It is not known how many people currently work in the sales team.

A representative for CloudKitchens declined to comment, and Jewell did not respond to a request for comment.

CloudKitchens’ sales team has always had much higher revenue than other departments, former salespeople and executives said. Last year, Insider reported that hundreds of employees from all departments left in the first few months of the year, many of them unhappy with pay, promotions and culture.

In the fall, CloudKitchens landed a $15 billion valuation in its first major external fundraising round, Insider previously reported. Around this time, the company hired Amazon veteran John Curran as chief financial officer. The startup had previously raised funds from Saudi Arabia’s sovereign wealth fund, The Wall Street Journal reported in 2019.

Under Kalanick, CloudKitchens is guarding its plans closely. According to an Insider analysis, it has expanded to more than 70 locations in the United States, as well as countries like South Korea and Brazil.

Do you work at CloudKitchens or do you have a company tip? Contact this reporter on a non-work phone using encrypted messaging apps Signal or Telegram at +1 (646) 768-1627, email or PM Twitter.

Flint’s water crisis lawsuit against engineering companies nears completion

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ANN ARBOR, Mich. (CN) — The conclusion of a sprawling federal civil lawsuit over lead-tainted water in Flint, Mich., was in sight Wednesday as attorneys delivered closing statements in the case against two companies that were not part of an agreed settlement of the crisis.

The jury trial began in February and featured testimony from dozens of witnesses. It is considered a landmark lawsuit because it could predict how fair other plaintiffs might be if they decided to go to court against these defendants, engineering companies Veolia North America and Lockwood, Andrews & Newman or LAN.

Attorney Corey Stern of Levy Konigsberg Stern, representing the children named as plaintiffs in the case, began with a lengthy closing argument where his voice occasionally cracked with emotion.

“Flint’s water crisis is what happens to a community when no one is looking,” he said.

He added, “You learned from so many people, so many times, and in so many ways that Flint’s water officials had no idea what they were doing.”

Stern referred to his young patrons as “precious commodities” who were being poisoned for simply using the city’s water source.

“No expert said there was no lead in their bones,” he said.

The attorney accused LAN of controlling the damage when they attempted to change the definition of “water softening” to include corrosion control to avoid litigation.

“Not because it was, but because it had to be,” he said.

Stern mocked comments by Veolia North America engineer Theping Chen, who testified and downplayed emails in which he wrote that the best option for Flint was to reconnect to the city of Detroit’s water system . Stern reminded the jury that when pressed on the witness stand, Chen objected and said he was just “thinking out loud…because it was out of scope.” work of VNA”.

Stern also told the jury that engineering firms should not be singled out as the sole cause of the crisis, but that they can be seen as an important part of the decision-making that led to the crisis in the contaminated water.

In February, Stern argued in his opening statement that VNA downplayed the option for Flint to return to the city of Detroit’s water source because the company saw an opportunity to run the Karegnondi Water Authority for a purpose. lucrative, which would not be possible with the Detroit line. .

VNA attorney Daniel Stein of Mayer Brown made clear in his closing statement Wednesday that the water crisis can be attributed to inaction and incompetence by government officials, not outside engineers.

“VNA was there for a week…and tried to help,” he said.

He bristled at Stern calling the damage control defense. He said VNA was never in charge of the water plant but now there are workers whose reputations have been tarnished.

“This is a very serious and important case for the people of VNA because in this courtroom they were falsely accused of poisoning children… so no, this is not damage control , it’s not pirouette…it’s not a story, it’s a defense,” Stein said. declared.

He added: “No one is trying to hide.”

Stein insisted that VNA did a good job and made the appropriate recommendations on controlling water corrosion, and based on the information given to them, lead in tap water was not considered an urgent problem.

He said the decisions made by emergency financial managers did not consider citizen safety and that they were more concerned with saving $12 million a year from hooking up Detroit’s water. He cited testimony from former Flint emergency manager Gerald Ambrose, who directly dismissed Detroit’s back-to-water attempts and issued a statement that Flint’s water was safe.

The defense attorney was careful not to call the child applicants liars, but suggested there were other factors at play.

“We don’t deny there was a water crisis… but if there is evidence of a lead crisis, that’s a different story,” he said.

He added: “These children are all doing well, none seeking treatment for lead poisoning. These wounds only exist in this courtroom.

In his opening statements in February, Stein called the contamination crisis a “massive failure of government” and blamed former Michigan Gov. Rick Snyder, who he said could have ordered a return to driving. Detroit Water earlier, but did nothing until October 2015.

He concluded his closing statement by revisiting Snyder’s guilt and blaming it on a short-sighted administration.

A historic $626.5 million crisis settlement was finalized last year and included payments for Flint citizens and business owners affected by the poisoned water, with most of the money going to intended for victims who were under the age of 18 at the time. LAN and VNA were not part of this regulation.

Under the terms of the agreement, 79.5% of the funds will be allocated to minor children and a $35 million fund will be established for future minor applicants. Adult victims and property damage claims will account for 18% of the money and less than 1% is allocated to commercial losses. Another 2% will be used for a dedicated fund to provide special education for those who have developed long-term neurological damage from lead contaminated water.

The crisis began in April 2014 when a state-appointed emergency official switched the city’s drinking water supply from Lake Huron water treated in Detroit to Flint River water treated at the Flint water treatment plant. Michigan Department of Environmental Quality officials admitted they did not require anti-corrosion chemicals as part of the water treatment process.

Snyder, the former Republican governor of Michigan, was criminally charged in January 2021 in Genesee County District Court with willful dereliction of duty for his role and pleaded not guilty to the allegations. The case bogged down in appeals court until recently, when the charges had to be dropped due to a procedural error, according to a Michigan Supreme Court ruling.

Closing statements will continue Thursday morning, when LAN attorneys speak, followed by a rebuttal by the plaintiffs’ team.

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Transform 2022: How companies explore, walk, then collide with their AI/ML deployments

We’re excited to bring back Transform 2022 in person on July 19 and virtually from July 20-28. Join leaders in AI and data for in-depth discussions and exciting networking opportunities. Register today!


SAN FRANCISCO — Enterprises don’t resist AI/ML deployments overnight, and when the decision is made to do so, it involves most of the company‘s C-level leadership and a lot of analyst recruiting data and qualified scientists. It also involves an evolution that can be compared to a person learning to crawl, walk and then run.

None of this is easy or simple, but it becomes necessary in this third decade of the 21st century. Businesses are learning to crawl, walk and run when it comes to using their data to give them deeper insight into their protected business data, all the superfluous data that sits in storage vaults but that are not accounted for, and all their historical data. Do not forget all the social networks and external data (customer reviews, product reviews, etc.) that float in the gigantic universe that is the Internet and affect a company from near or far.

At VentureBeat’s Transform 2022 conference here at the Palace Hotel, a panel comprised of Fiona Tan, CTO of Wayfair; Rajat Shroff, vice president of product, DoorDash; Kevin Zielnicki, Senior Data Scientist, Stitch Fix; and moderator Sharon Goldman, Editor and Writer, VentureBeat, discussed how their automated AI/ML processes help scale and accelerate to market. Their journeys have taken them all from proof of concept to production in a sustainable way.

DoorDash’s approach

“At DoorDash, one of our values ​​is that we dream big but start small,” Shroff said. “We also apply this to our AI efforts. We will start by using manual means to do non-scalable things to learn and understand how to find a suitable product for the market. Once we see the signal, that’s when we start inventing algorithms and scaling them.

“For example, when we did our analytics, we found that only about 8% of our business delivered pizza. Some of us thought maybe that was half our business. We realized we needed to be much more accurate in our assessments, so we got the team together and said to ourselves, “We need to get to 99% accuracy”. After a few months of manual data collection annotation, the team found a small sample (identifying a market, a category). Once they received a signal, they expanded the whole project. Once they hit a level of precision they liked, that’s when they passed it on to the ML team. And they started building (AI models).

After a few months of team building and deployment, DoorDash went from 60% accuracy in analyzing its business to its goal of 99%, Shroff said.

How Wayfair uses AI/ML

“We started our (IA) project by looking at the accessibility and quality of data available for the problems we were trying to solve,” Tan said, “so we wanted to make sure we had the ingredients to apply to our project. AI/ML The second consideration we wanted to know was “How much tolerance do we have for wrong predictions?” So the first place we decided to go with our project was in areas of Wayfair that could tolerate wrong predictions.

“For example, we want to use our AI deployments in marketing and advertising auctions (Wayfair). The worst thing that can happen there is that you pay too much for an advertisement, right? “This was an area where I thought we could learn and look into and get quick feedback on results. It’s a bit more difficult to use analytics to determine the quality of an item in our catalog; we wanted to that more humans do this.

Stitch Fix specializes in customization

Stitch Fix specializes in matching its customers with clothes and accessories, so its recommendation engine makes heavy use of AI and ML, Zielnicki said. “It’s really important to get it right when you send people a box of things you think they’ll like when you try them at home,” he said.

Stitch Fix has integrated AI and ML into all facets of its business, Zielnicki said.

“Issues can be as diverse as deciding which warehouse to go to, the ‘selection paths’ within those warehouses, choosing which stylist to match which customer, assembling items from item sets, etc.,” a said Zielnicki. “When we started 10 years ago, we had very little data on our items, our customers. We started with simple systems based on popularity, then moved on to standard statistical models – things like multilevel regression that work well with relatively small amounts of data. As we gathered more data about our customers and accumulated more history, we evolved into collaborative filtering approaches, matrix factorization and, more recently, a sequence-based model which is based on the sequence of interactions a customer has with us through their journey.

“All of this contributes to a more personalized experience for our customers.”
VentureBeat Transform 2022 continues virtually until July 28.

AITX Subsidiary Robotic Assistive Devices Announced

Detroit, Michigan, July 19, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), together with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) today announced the “Bailey’s Gift” campaign. The announcement was made during the company’s summer open house at its Detroit manufacturing facility.

The campaign will donate a minimum of 10 ROSA security robots with gun detection capabilities to underfunded or vulnerable K-12 schools in the United States. The program, Bailey’s Gift, is named after Bailey Holt, who was shot by a gunman in the January 23, 2018 shooting at Marshall County High School in rural Kentucky. Bailey’s mother, Secret Holt, participated in the announcement, alongside AITX and RAD CEO Steve Reinharz.

“The Bailey’s Gift campaign is truly remarkable, and we are so honored to be a part of it,” Secret Holt said. “My hope is that every school has the opportunity to experience this amazing technology. I have no doubt that this gun detection system will be a great asset to every school campus across the country.

RAD’s best-selling and award-winning ROSA “security-in-a-box” solution offers simple installation with no networking requirements. It is designed to work with or without School Resource Officers and, upon detecting a firearm, can immediately activate the lock (for schools equipped with electronic locks), immediately notify school personnel and law enforcement by audio, visual, SMS and other means. ROSA can detect firearms from over 150 feet away, under the right conditions, providing an incredible time advantage to protect and react.

“We are honored to do our part to help save lives and make schools safer,” Reinharz said. “The nation yearns for tangible solutions that can prevent future tragedies from occurring. We look forward to working with schools to rapidly deploy these ROSAs with gun detection technology.

The company estimates that there are over 100,000 K-12 schools that could immediately benefit from this gun detection technology. The RAD solution deploys quickly and provides an unbiased level of early detection and deterrence of potential firearm-related events in and around these buildings.

Mark Folmer, President of RAD, added: “I expect these ten ROSA firearm detection units to be assigned within days. We have an inexpensive solution that can reliably detect a firearm and autonomously trigger lockout procedures, alerts and alarms. Every school should be equipped with this technology.

Schools are encouraged to apply at radsecurity.com/baileys-gift. Conditions apply, see website for details.

During RAD’s Open House event, the company reviewed its current security and safety solutions, with demonstrations of ROSA, AVA, ROAMEO, Loitering Detection, RAD Light My Way and Firearm Detection technologies. Highlights of RAD’s announcement and open house can be viewed online at https://youtu.be/UQp8Ozfr-Q4

RAD’s gun detection identifies the presence of handguns and long guns. Immediately upon detection of a firearm, RAD’s AI-based scans, the system will autonomously perform a variety of actions, including appropriately activating local audio and visual alerts, locking and securing doors, notifications to remote monitoring or on-site security personnel and law enforcement authorities. – ideally before any shot.

“The safety of our children should be at the top of everyone’s list. When we send our children to school every day and know that this kind of security technology would protect them before an active shooter reaches the door, it’s worth everything,” Ms Holt concluded.

RAD’s parent company, AITX, has applied for OTCQB listing. Future announcements will be made regarding the status of the OTCQB application.

Robotic Assistance Devices (RAD) is a high-tech start-up that offers robotics and artificial intelligence-based solutions that enable organizations to gain new knowledge, solve complex security problems and fuel new new business ideas at reduced costs. RAD has developed its advanced security robot technology from the ground up, including PCB design and basic code development. This allows RAD to have full control over all design elements, performance, quality and user experience of all security robots, which SCOTPINKWallyWally ASSAVROAMEOor RAD Light My Way. Learn how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and requesting a copy of the recently released “Navigating the New Economy: Jobs & Automation, Challenges & Opportunities” document.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements contained in this press release other than statements of historical fact are “forward-looking statements” that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: Artificial Intelligence Technology Solutions to meet its obligations, to provide working capital requirements from operating revenues, to obtain additional financing necessary for any future acquisition, to meet competitive challenges and technological changes, to achieve business objectives and financial, including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions assumes no obligation to update any forward-looking statements and/or confirm the statement(s) with respect to actual results or changes in Artificial Intelligence Technology Solutions’ expectations.

About Artificial Intelligence Technology Solutions (AITX)

AITX is an innovator in delivering artificial intelligence-based solutions that enable organizations to gain new insights, solve complex challenges, and fuel new business ideas. Through its next-generation robotics product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase return on investment, and strengthen their business. AITX technology improves the simplicity and economy of patrol and guard services and allows experienced personnel to focus on more strategic tasks. Customers increase the capabilities of existing personnel and gain higher levels of situational awareness, all at a significantly reduced cost. AITX solutions are well suited for use in multiple industries such as enterprise, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

###

Steve Reinharz
949-636-7060
@SteveReinharz

  • Bailey’s Gift

  • Secret Holt and AITX CEO Steve Reinharz

2022-07-18 | NDAQ:MTRX | Press release

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TULSA, Okla., July 18, 2022 (GLOBE NEWSWIRE) — Matrix Services Company (Nasdaq: MTRX) today announced that its subsidiary, Matrix Service Inc., has been selected by Northrop Grumman for two thermal vacuum chamber projects, the first of which is engineering, procurement and construction (EPC ) for a new state-of-the-art thermal vacuum chamber at the Gilbert, Arizona campus of Northrop Grumman’ EPC work for the Gilbert project was awarded in the fourth quarter of fiscal 2022, following from a previous award for Front End Engineering Design (FEED).

During the third quarter of fiscal 2022, Matrix Service won a second project for EPC work related to the retrofit of a thermal vacuum chamber at Northrop Grumman’s Space Park in Redondo Beach, California.

The Gilbert thermal vacuum chamber is part of Northrop Grumman’s expansion of its satellite engineering and manufacturing operations in Arizona, which was completed in April 2022. The state-of-the-art facility provides design, fabrication , assembly, integration, and testing in support of high-level satellite missions, including critical science missions for NASA, in addition to other programs that support national security.

The Space Park project, which has already begun, will include EPC work on an existing thermal vacuum chamber to bring it to a modern, state-of-the-art state and will include the replacement of existing thermal shrouds and insulation piping. mechanical, as well as installing state-of-the-art technology and state-of-the-art human-machine interface (HMI) controls.

FEED and final design and engineering for both projects will be performed by Matrix Service’s sister company, Matrix PDM Engineering.

Long known for its expertise in the design, engineering and construction of thermal vacuum chambers, Matrix has designed over 70 vacuum chambers for the aerospace industry and government laboratories.

“With over 60 years of experience in thermal vacuum chambers, this project supports our strategy of leveraging our engineering expertise to meet our customers’ needs from concept to completion and also highlights our capabilities in the design and construction of highly complex, specialized vessels,” said John R. Hewitt, President and CEO of Matrix Service Company. “We are very proud of our team’s work with the aerospace industry and value the “opportunity to support Northrop Grumman’s infrastructure and technology needs. We appreciate the trust the technology company has placed in Matrix and look forward to delivering the highest quality possible – safely, on time and within limits. budget.”

About Matrix Service Company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is one of North America’s leading industrial engineering, construction and maintenance contractors. South Korea.

The Company reports financial results in three key operating segments: Utilities and Power Infrastructure, Industrial Process and Facilities, and Storage and Terminal Solutions.

By focusing on sustainability, creating strong environmental, social and governance (ESG) practices and living our core values, Matrix is ​​ranked among the top contractors by Engineering-News Record, has been recognized for the diversification of its Board of Directors, is an active signatory of the CEO Action for Diversity & Inclusion, and is recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit www.matrixservicecompany.com and read our first sustainability report.

For more information about Matrix, please contact:

This release contains forward-looking statements that are made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are generally accompanied by words such as “anticipate,” “continue,” “expect,” ” forecast,” “outlook,” “believe,” “estimate,” “should” and “will” and words of similar effect that convey a future meaning, relating to the Company’s operations, economic performance and the Company’s best judgment. management as to what might happen in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the factors discussed in “Risk Factors” and “Forward-Looking Statements” sections and elsewhere in the Company’s reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the Company’s control, and any one of them, or a combination thereof, could have a material and adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release.

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BTCS Inc. and Force Family Office Host a Fireside Chat

Featuring two of the industry’s leading voices: Charles Allen, President and CEO of BTCS, and Michael Legg, Equity Research Analyst for The Benchmark Company.

Silver Spring, MD, July 18 10, 2022 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology company, announced that it will partner with FORCE Family Office to host a conversation by the fireside to discuss the state of the blockchain and cryptocurrency sectors. The online webinar will take place on Thursday July 21 1:00 p.m. Eastern Time and anyone interested in participating in the webinar can register at: BTCS – Force Family Office.

Speakers:

Charles Allen is CEO of BTCS, a fintech company that enables the evolution of the internet by securing next-generation blockchains. He has been involved in the blockchain industry since its inception. Prior to joining BTCS, he worked nationally and internationally on projects in technology, media and financial services. Highlights include Managing Director of RK Equity Capital Markets LLC, Managing Director of TriPoint Global Equities, LLC and Managing Director of Broadband Capital Management LLC, all investment banks specializing in advising and raising capital for small and medium enterprises.

Michael Legg is an equity research analyst at Benchmark. Mr. Legg joined Benchmark in early 2022 and is an equity research analyst covering emerging growth and crypto companies. In 2020 and 2021, Michael was Director of Communications at Voyager Digital, a publicly traded crypto brokerage, and led their PR and IR efforts. He has over 30 years of sell-side, buy-side and private equity experience, with a particular focus on emerging small-cap growth companies across a variety of industries. Massachusetts Financial Services, Alex. Brown, Jefferies & Co. and Prudential Securities, Inc. He was also a partner at Grand Slam Asset Management and a founding executive director at Engineering Tomorrow.

About BTC:
BTCS is an early player in the blockchain and digital asset ecosystem, and America’s first publicly traded “Pure Play” company focused on blockchain infrastructure and technology. Through its blockchain infrastructure operations, the company secures Proof-of-Stake blockchains by actively validating blockchain transactions and is rewarded with native digital tokens. The company is developing a proprietary Staking-as-a-Service platform to allow users to stake and delegate supported cryptocurrencies through a non-custodial platform, which it plans to integrate with its trading table. edge of digital assets, now in beta. BTCS’ proprietary digital asset platform currently supports six exchanges and over 800 digital assets, and the company plans to further expand its suite of performance monitoring tools, adding centralized and decentralized exchanges supplements, as well as portfolios and stake pool monitoring. For more information visit: www.btcs.com.

About The Reference Company
The Benchmark Company is an institution-driven, research-driven investment banking, sales, trading and investment firm. For the past 35 years, we have been steadfastly dedicated to our mission of fostering the long-term success of our customers. Our goal is to provide significant value by leveraging the resources that exist on our vast platform. This approach has enabled us to provide unbiased advice and exceptional trade execution to a wide range of clients in a variety of market conditions.

About FORCE Family Office
FORCE is one of the largest networks of accredited Family Offices, Foundations, Endowments and Individual Investors in the United States. They introduce the members of their network to the leaders of public companies and private companies at the capital acquisition stage. Additionally, they facilitate co-investment opportunities, information sharing, philanthropy and networking within their elite, peer-to-peer community. For more information, visit: forcefamilyoffice.com.

For more information about the event Contact:
Harvey Briggs – Director of Communications
FORCE Family Office
[email protected]

BTC Investor Relations
Adele Carey, Vice President of Investor Relations
[email protected]

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Bharat Electronics recently consolidated in a range that appears to be a time correction in an uptrend. The consolidation led to the formation of a “symmetrical triangle” pattern on the daily chart and prices gave a break out of the pattern.

Top 10 Trading Ideas for the Next 3-4 Weeks as Experts Predict Market Swing





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Indiabulls Hsg 95.00 3.00 3.26
ntpc 151.00 1.25 0.83
Sbi 483.95 4.85 1.01
Nhpc 34.55 -0.05 -0.14

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Overview of the IPO

Equity Type Issue price Size of the problem Lot size Open issue Closing the issue
See profile initial public offering of an SME ten ten 10000 13-07 18-07
Agni Green View profile initial public offering of an SME ten 5.25 10000 20-07 22-07
Equity Issue price Registration date Ad open close ad Listing Earnings % CPM Current Earnings %
Jayant Infra 67 13-07 76.00 79.80 19.1 92.25 37.69
B Right Realest 153 13-07 155.00 154.00 0.65 152.50 -0.33
Kesar India 170 12-07 178.00 174.00 2.35 171.50 0.88
Tours in Sailani 15 08-07 16.01 16.27 8.47 17.11 14.07
Scheme Fund category Information Purchase order Opening date Closing date
No NFO details available.
Equity Type Issue price Size of the problem Lot size Subscription Open issue Closing the issue

Veerkrupa Jewel View profile

initial public offering of an SME 27 8.1 0 29-06 05-07

Jayant Infra View profile

initial public offering of an SME 67 6.19 0 30-06 05-07

B Right Realest View Profile

initial public offering of an SME 153 44.36 0 30-06 05-07

Bearing SKP View Profile

initial public offering of an SME 70 30.8 0 30-06 05-07

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Ajay Jain
Ajay Jain

CEO,

July 18 – 2:00 p.m.

What do the stars predict?



chat box

Ajay Jain
Ajay Jain

CEO

July 18 – 2:00 p.m.

What do the stars predict?

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country=India page generated=2022-07-18 10:10:12

Dupont Capital Management Corp holds a $435,000 position in A10 Networks, Inc. (NYSE: ATEN)


Dupont Capital Management Corp reduced its holdings in A10 Networks, Inc. (NYSE: ATEN – Get Rating) by 8.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund held 31,182 shares of the communications equipment provider after selling 2,758 shares during the quarter. Dupont Capital Management Corp’s holdings in A10 Networks were worth $435,000 when it last filed with the SEC.

Several other hedge funds and other institutional investors have also recently changed their positions in ATEN. The New York State Teachers’ Retirement System increased its stake in A10 Networks stock by 48.6% in the first quarter. The New York State Teachers’ Retirement System now owns 5,200 shares of the communications equipment provider valued at $73,000 after purchasing an additional 1,700 shares during the period. Lewis Capital Management LLC increased its stake in shares of A10 Networks by 1.5% in the first quarter. Lewis Capital Management LLC now owns 176,856 shares of the communications equipment provider valued at $2,467,000 after purchasing an additional 2,562 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in A10 Networks shares by 17.8% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 88,948 shares of the communications equipment provider valued at $1,241,000 after purchasing an additional 13,437 shares during the period. Bailard Inc. purchased a new stake in shares of A10 Networks in the first quarter valued at approximately $283,000. Finally, Assenagon Asset Management SA increased its stake in the shares of A10 Networks by 0.3% in the first quarter. Assenagon Asset Management SA now owns 416,733 shares of the communications equipment supplier valued at $5,813,000 after purchasing an additional 1,326 shares during the period. 90.19% of the shares are held by institutional investors and hedge funds.

A10 networks store 3.9%

Shares of ATEN opened at $13.92 on Friday. The stock has a market capitalization of $1.06 billion, a price-earnings ratio of 11.32 and a beta of 0.94. A10 Networks, Inc. has a 12 month minimum of $10.50 and a 12 month maximum of $19.05. The company has a 50-day moving average price of $14.56 and a two-hundred-day moving average price of $14.25.

A10 Networks (NYSE:ATEN – Get Rating) last reported quarterly results on Tuesday, May 3. The communications equipment provider reported EPS of $0.08 for the quarter, beating analyst consensus estimates of $0.05 by $0.03. The company posted revenue of $62.67 million in the quarter, compared to $61.00 million expected by analysts. A10 Networks achieved a net margin of 38.23% and a return on equity of 20.46%. In the same quarter last year, the company earned earnings per share of $0.06. Equity research analysts expect A10 Networks, Inc. to post EPS of 0.46 for the current fiscal year.

A10 Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 1. Shareholders of record on Monday, May 16 received a dividend of $0.05. This represents a dividend of $0.20 on an annualized basis and a dividend yield of 1.44%. The ex-dividend date was Friday, May 13. A10 Networks’ dividend payout ratio (DPR) is currently 16.26%.

Changes to analyst ratings

Separately, StockNews.com took over coverage of A10 Networks stocks in a Thursday, March 31 research note. They set a “buy” rating for the company.

Insider activity

In other news, Director Eric Singer sold 21,949 shares of A10 Networks in a trade that took place on Tuesday, June 7. The shares were sold at an average price of $15.85, for a total value of $347,891.65. Following completion of the transaction, the administrator now owns 51,190 shares of the company, valued at $811,361.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink. In other news, Executive Vice President Robert D. Cochran sold 2,633 shares of A10 Networks in a trade that took place on Friday, May 6. The shares were sold at an average price of $15.01, for a total value of $39,521.33. Following the completion of the transaction, the executive vice president now owns 342,825 shares of the company, valued at $5,145,803.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink. Additionally, director Eric Singer sold 21,949 shares of the company in a trade that took place on Tuesday, June 7. The shares were sold at an average price of $15.85, for a total transaction of $347,891.65. Following the completion of the sale, the director now directly owns 51,190 shares of the company, valued at approximately $811,361.50. The disclosure of this sale can be found here. In the past 90 days, insiders have sold 496,308 shares of the company worth $7,348,989. Insiders hold 14.22% of the shares of the company.

A10 Networks Company Profile

(Get a rating)

A10 Networks, Inc provides networking solutions in the Americas, Japan, other countries in Asia Pacific and EMEA. The company offers Thunder Application Delivery Controller (ADC) which provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to strengthen the delivery and security of applications and microservices; and the Thunder Carrier Grade Networking product, which provides standards-compliant address and protocol translation services for service provider networks.

Read more

Want to see which other hedge funds hold ATEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for A10 Networks, Inc. (NYSE:ATEN – Get Rating).

Institutional Ownership by Quarter for A10 Networks (NYSE: ATEN)



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More trouble for Flutterwave as company shuts down virtual dollar card service

0
UKRAINE – 2021/03/12: In this photo illustration the Flutterwave logo for a payment company seen displayed on a smartphone and computer screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)
WILL 2 APP ADVERTISEMENTS

July 16 (THEWILL) — Amid controversies raging against it, African financial technology (Fintech) company Flutterwave has announced plans to end the use of its virtual dollar card service, “Bartercard “, effective July 17, 2022.

This can compound the image fading challenge that the company has suffered lately.

The company made the announcement to customers on Friday, saying the shutdown will be in effect until further notice.

By this development, many users of the service will be denied access to perform dollar-linked transactions using their financial platform.

Analysts fear this will exacerbate the problem of online dollar transactions in Nigeria in Africa.

The company said: “You will not be able to make online and in-store payments and purchases using your virtual card(s); You will not be able to provision one or more existing virtual cards; your existing virtual card(s) will be terminated and the corresponding balance will be credited to your payment balance; You will not be able to create new virtual card(s).

It may be recalled that the Fintech company had in August 2020 revealed that it was working with major card infrastructure partners to issue cards to their customers.

This development, however, has prompted reactions from users of virtual card services. Some shared their concerns over the sudden announcement that the card would be unavailable from Sunday. Many have decried the relentless dollar card challenges in Nigeria.

On Twitter, @jessedayusuf asked “PayDay and Barter, both having their virtual cards” temporarily unavailable. Has Nigeria been blacklisted?

@onejoblessboy on Twitter said: “Barter removing the Dollar Card feature only shows the state of the industry and perhaps, by extension, the state of the nation. Remember PiggyVest has also temporarily discontinued its dollar savings feature Nigerians, wear your ‘jeans!’ Payments.”

Edwin Ajogun described the news as a blow to Nigeria’s payment system when he said “Barter’s dollar cards will no longer be available from this Sunday, another blow to the Nigerian economy.”

Maria Sharapova welcomes her first child with fiancé Alexander Gilkes

Maria Sharapova has added another title to her first name, her new title is that of mom! Not so long ago, the former tennis champion and her fiancé Alexander Gilkes welcomed their first baby into the world.

The couple were blessed with a baby boy. Maria shared the news of the arrival of her first baby on the social media platform Instagram. Read on for in-depth information about the couple’s baby.

Maria Sharapova and her fiancé Alexander Gilkes have welcomed a baby boy

On Friday, the 35-year-old Russian tennis player took to her Instagram to share some good news with her fans around the world. She announced that the couple’s first child had joined the land side with an adorable photo of herself and her fiancé Alexander looking at their newborn baby.

“Theodore VII•I•MMXXII 🍼🐣 The most beautiful, empowering and rewarding gift our little family could ask for,” she captioned the family photo of the trio.

How did celebrities react to the incredible news?

As soon as Sharapova shared the news of her baby boy’s arrival on Instagram, many of her fans and friends stopped at her post’s comments to wish the couple congratulations.

Jessica McCormack wrote, “OMG congratulations and love 👼💕”, while Lisa Love also wished the couple congratulations in the comments. French photographer JR dropped a few red heart emojis on the post.

Model Anine Bing commented: “So happy for you. A big thumbs up 🤍🤍” wrote Jenny Cho, “Beautiful!!! Congratulations ❤️❤️❤️” Diana Madison wrote, “Congratulations Maria so happy for you!!!”

Danish model Helena Christensen wrote:I’m so happy for you two beautiful minds ❤️ I love you both so much and can’t wait to meet Theo 💕” and Argentinian actor Ignacio Figueras commented: “Congratulations!! He looks like a polo player to me. I can tell he already has riding skills. Xxx”

When did the couple announce they had a baby on board?

Maria announced that she was expecting her first child with her fiancé Alexander Gilkes on the social networking service Instagram in April. At that time, she shared the big news with her fans on her 35th birthday.

Sharapova posted a sweet photo of herself cradling her baby bump on the beach. She simply captioned the snap, “Precious beginnings!!! 🤍👼🏻 Eating a birthday cake for two has always been my specialty ☺️🐣🎂”

Maria and Alexander got engaged in 2020

The five-time Grand Slam winner and the businessman started dating in 2018. The couple got engaged in December 2020. Maria revealed the news of her engagement to Alexander on Instagram.

“I said yes from the first day we met❤️It was our little secret wasn’t it 💍🥂@gilkesa,” she wrote alongside a series of photos from the couple.

On the other hand, Gilkes also posted some snaps on his Instagram feed. He wrote: “Thank you for making me a very very happy boy and for saying yes. I can’t wait to love you all my life and learn from you @mariasharapova #💍”

We extend our heartfelt congratulations to Maria Sharapova and her fiancé Alexander Gilkes on welcoming their first child together. Sending loads of love, light and laughter to their little bundle of joy. Don’t forget to stay tuned with us for the latest updates from the world of showbiz.

FTC says Meta has all the market definition documents it needs

By Bryan Koenig (July 15, 2022, 6:20 p.m. EDT) – The Federal Trade Commission told a DC federal judge that it had already responded as much as it could to a meta request for details on how The agency defines exactly the personal social networking market that Facebook’s parent company would monopolize, but which the company says is confusing and “artificial.”

Responding to a Meta motion to compel on Thursday, the FTC argued that it could not produce analysis it simply did not have on features of WhatsApp, Instagram, Messenger and Facebook – called Facebook Blue – belonging to the social media market, the definition of which is likely to be crucial in arguing that…

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Juniper Networks battles a swarm of bugs – Security

Juniper Networks has made public a number of vulnerabilities severe enough to attract the attention of the US Cybersecurity and Infrastructure Security Agency.

Of the 30 vulnerabilities disclosed this week, four are classified as critical and eight are classified as high severity.

The critical vulnerabilities affect the company’s Junos Space, Contrail Networking, and Northstar Controller products.

This critical bulletin covers multiple vulnerabilities in third-party products shipped with versions of Junos Space prior to 22.1R1.

Affected third-party products include nginx resolver, Oracle Java SE, OpenSSH, Samba, RPM package manager, Kerberos, OpenSSL, Linux kernel, curl, and MySQL Server.

Juniper Networks Contrail Networking must be upgraded to version 21.4.0 to fix Red Hat Universal Base Image (UBI) container image from Red Hat Enterprise Linux 7 to Red Hat Enterprise Linux 8, addressing 23 vulnerabilities going back to 2013.

In another fix for third-party components, Junos Space Security Director Policy Enforcer has been upgraded to use CentOS 7.9, in version 22.1R1.

In CVE-2021-23017, the nginx load balancer shipped by Juniper with its Northstar controller has a remote code execution bug.

“An Off-by-one error vulnerability in the nginx resolver…allows an unauthenticated remote attacker capable of spoofing UDP packets from the DNS server to cause a 1-byte memory overwrite, resulting in a process crash. work or potentially, execution of arbitrary code,” the notice states.

This vulnerability is corrected in version 1.20.1 of the Northstar controller.

A number of high severity bugs are also disclosed in Junos OS. The full list of vulnerabilities is available here.

Crash Champions Announces Growth Investment from Clearlake and Strategic Transaction with Service King

0

Founded in 1999 by Matt Ebert, Crash Champions is an American operator of over 200 collision repair facilities. After going from a single showcase to Chicago in a current 20-state network, each location is built on the values ​​of the company’s founder and operator, championing customer service and job satisfaction.

Since its founding in 1976, Service King has grown into one of the largest collision repair hubs in the industry with over 330 locations in 24 states. Today, Service King offers extensive coverage in many of the country’s fastest growing MSAs, including Atlanta, Austin, dallas, Houston, Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattleand washington d.c. Partnering with Crash Champions will allow Service King to better serve its customers and carrier partners, while creating long-term value for employees, suppliers and investors.

“Today is an exciting day for Crash Champions and another major milestone in our growth story,” said Mr. Ebert, Founder and CEO of Crash Champions. “This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members in both organizations.”

As part of the transaction, Clearlake provides growth capital to Crash Champions. This marks Clearlake’s second investment in the body industry, having recently announced the capital injection and debt recapitalization of Service King. The Crash Champions management team will execute the company‘s future strategy with Clearlake’s Support.

“This investment was driven by our thematic approach to investing in the automotive aftermarket and our specific identification of the collision repair industry as an ecosystem at a historic inflection point,” said José E. Feliciano, co-founder and managing partner, and Colin LeonardPartner of Clearlake. “The proliferation of vehicle technology has placed unique demands on workshop operators to invest in OEM certifications, equipment and most importantly their people to provide safe and efficient service. We are impressed with Matt and the Crash Champions management team and admire their commitment to customer service and reinvestment in their operations and talents. It is exciting to partner with them to create this differentiated national platform, and we look forward to use our OPS® to unlock the inherent value of this combination and position the platform for strong and continued growth. »

Following the conclusion of this agreement, the total headcount of the combined company will exceed 9,200 team members. Crash Champions and Service King have very complementary geographic footprints with limited overlap. During post-closing integration activities, Crash Champions and Service King will continue to operate in all service centers nationwide without interruption.

“We remain committed to the operator-first mindset that has guided us throughout our history. This approach has allowed us to successfully integrate hundreds of workshops and thousands of employees into one of the collision repair industry’s leading employers. As we welcome Service King’s customers and skilled team members into our family, we will continue this tradition and earn their trust every day,” concluded Mr. Ebert.

For more information on Crash Champions, visit our website and watch our video here. For collision repair businesses interested in selling their business, Crash has made it easy. Please visit www.crashchampions.com/sell-your-shop to learn more.

About Crash Champions

Crash Champions is a leading independent collision repair company, operating 218 state-of-the-art centers in 20 states, including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washingtonand Wisconsin—as well as washington d.c.. Founded in 1999 as a one-stop-shop outdoors Chicago by an industry veteran and entrepreneur Matt Ebert, today, Crash Champions is one of America’s fastest growing and largest founder-led and operated collision repair MSOs. For more information, visit www.crashchampions.com.

About Service King Collision®

Service King Collision®, now celebrating over 45 years of experience in the automotive repair industry, is a nationwide operator of high quality, complete collision repair facilities. The organization is consistently recognized for its commitment to customer satisfaction, the quality of its work, and its contribution to the industry through innovative training and recruitment initiatives. Service King has its roots in Dallas, TX and founder Eddie Lennoxwhich opened the first Service King in 1976. Today, Service King operates 334 locations in 24 states, as well as the District of Colombia. For more information, visit www.serviceking.com.

About Clearlake Capital Group

Clearlake Capital Group, LP is an investment firm founded in 2006 that operates integrated businesses in private equity, credit and other related strategies. With a sector-based approach, the company seeks to partner with management teams by providing patient, long-term capital to companies that can benefit from Clearlake’s operational improvement approach, OPS® The main target sectors of the company are industry, technology and consumption. Clearlake currently has more $72 billion of assets under management, and its senior investment directors have led or co-led more than 400 investments. The company is headquartered in Santa Monica, California with subsidiaries in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.

contacts:

For crash champions
Gaffney Bennett PR
[email protected]

For Clearlake
Jennifer Hurson
Lambert & Co.
(845) 507-0571
[email protected]

SOURCECrash Champions; Clearlake Capital Group

DZS and Myakka Communications Leverage Government Stimulus to Bring ‘Broadband to the Boonies’ at Symmetrical Gigabit Speeds to Rural Homes and Businesses in West Central Florida

DZS

Award-winning fiber internet service provider and former WISP sees tremendous value in shifting to fiber-based services and US-based manufacturing

DALLAS, July 14, 2022 (GLOBE NEWSWIRE) — DZS (Nasdaq: DZSI), a global leader in access networking and cloud software solutions, today announced continued success in its mission to bridge the digital divide through a longstanding partnership with Myakka Communications to provide “Broadband to the Boonies” in Southwest Florida. Recently recognized as “Florida’s Fastest Fiber Optic Provider” with symmetric gigabit available to all subscribers, this local family service provider was the first to bring broadband to Myakka City and surrounding areas, and today offers accelerating the service levels needed for increasingly popular use cases such as virtual meetings, gaming, telemedicine, start-ups and emerging metaverse experiences.

“Major local service providers provided phone and cable services in our area told us it would be decades before they brought broadband to east Manatee County, so we decided to bring “broadband to the boonies” ourselves. We are extremely satisfied and have been a ‘chief cheerleader’ for DZS since we first visited their R&D center and manufacturing facility here in Florida and partnered with them in 2011.” , said Charles J. (Charley) Matson, CEO of Myakka Communications. “Our high-speed internet service has received a lot of positive attention – especially during the pandemic – as it enables remote learning and working, which is not as reliable with other available options like dial-up access. satellite and the creation of mobile hotspots We currently have a participation rate of over 95% among the subdivisions and businesses we pass through, and it is no wonder given the critical need for service levels all-fiber broadband not only for work and school, but also for entrepreneurial business operations, telemedicine, gaming and other services that people increasingly want and need, where that they live.

Myakka Communications started out as a Wireless Internet Service Provider (WISP), but faced significant operational challenges, including a high prevalence of lightning strikes causing outages. In 2011, they began building out their fiber network with the help of USDA broadband stimulus dollars and technology partner DZS. Time spent on service calls is also much less with fiber and everything can be done from the ground up.

Myakka Communications has exclusively used DZS Passive Optical Network (PON) broadband connectivity solutions since the beginning of the fiber infrastructure deployment. This currently includes massively scalable, non-blocking DZS Velocity Intelligent Terabit Access Hubs (OLTs) and DZS Helix Optical Network Terminals (ONTs) and WiFi Gateways.

“As a US-based company with manufacturing operations just an hour away, DZS is especially proud to support the team at Myakka Communications, a local company that overcame significant challenges to bring services 100 % gigabit-class fiber to a rural area that large providers don’t serve,” said Andrew Finkelstein, Senior Vice President, North America Sales, DZS. “With its recent move to gigabit speeds, Myakka Communications anticipated its community’s growing need for the increased bandwidth demanded by new virtualized services, smart homes, connected devices and other trends.And their scalable, multi-service DZS network architecture allows them to go straight and at lower cost to 10Gbps services and beyond when they are ready.At DZS, we are excited about what the future holds for our relationship. ion with Myakka Communications, because we not only enable broadband, but also “the metaverse to the boonies” of Central Florida and the entire country. »

The decade-long partnership between DZS and Myakka Communications is one of many such deployments underway or on the drawing board with broadband services of all sizes across the United States, as the federal government alone has earmarked nearly $80 billion in funding to extend broadband infrastructure to the unserved. and underserved areas, both rural and urban. DZS, together with its engineering and distribution partners, has the proven ability to help forward-looking operators deliver next-generation broadband “experiences” that transform quality of life and economic prospects wherever they go. become available.

To learn more about DZS, visit https://www.dzsi.com

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in access network infrastructure and cloud software solutions.

DZS, the DZS logo and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management. on the date hereof. Words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “expect”, “aim”, “intend”, “may” , “plan”, “project”, “seek”, “should”, “target”, “shall”, “would”, variations of these words and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, risk factors contained in the Company’s filings with the SEC available at www.sec.gov, including, without limited to, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen effects of the COVID-19 pandemic and the global economic climate may create or amplify many of these risks. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. DZS assumes no obligation to update or revise any forward-looking statements for any reason.

For more information, see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

CONTACT: Press Inquiries: McKenzie Hurst, Thatcher+Co. Phone: +1 408.888.6787 Email: [email protected]

Man pleads guilty to stealing from men he met on Grindr – NBC Los Angeles

A Compton man pleaded guilty Tuesday to federal criminal charges for stealing from men he met on the online dating app Grindr, officials said.

Derrick Patterson, 23, admitted robbing five people from June 2021 to March 2022. He also pleaded guilty to aggravated identity theft charges, according to the U.S. Attorney’s Office.

Patterson would contact people on Grindr, meet them at their homes or hotel rooms — allegedly for sex — and then ask to use their phones, according to his plea deal.

In July 2021, Patterson took possession of a man’s phone and threatened him with a kitchen knife before stealing $3,950 from the man’s Venmo account and making two purchases on Hotels.com. He also used the phone to ask the victim’s friends and family for money, officials said.

In another incident, Patterson took a man’s phone and chased him with a stun gun, demanding money and later jewelry. Using the stolen phone, Patterson requested money from the man’s contacts and opened a line of credit in the man’s name. Patterson then bought AirPods and a hotel room, authorities said.

Grindr is a social networking platform for gay, bisexual, transgender, gay men and men who have sex with men.

NBCLA has reached out to Grindr to comment on the matter and the security of the app.

A Grindr spokesperson replied:

“Grindr takes the privacy and security of our users very seriously and we are constantly working to better protect our users. Grindr publishes a Holistic Safety Guide and Safety tips available from the Grindr app and on the Grindr website, and we encourage users to be careful when interacting with people they don’t know. We encourage our users to report inappropriate or illegal behavior, either within the app or directly via email to [email protected], and to report criminal allegations to the authorities, and in these cases we work with law enforcement. of the order, if any.”

Tips for dating safely online

  • Research potential dates on social media
  • Meet in public places, preferably during the day
  • Tell a friend where you are going
  • Have your own means of transport

It’s not just The Tinder Swindler. $547 million was lost to romance scams in 2021, up 80% from the previous year. Unfortunately, dating apps cannot guarantee that the person you are messaging has your best interests in mind. So we spoke to sex and relationship researcher Justin Lehmiller for advice on how to protect yourself from scams when looking for love.

For more dating app safety tips, click here.

Rajant and Epiroc Announce Validation of Semi-Autonomous and Autonomous Surface Drilling Globally

Enabling Wireless M2M Connectivity and Mobility with Rajant Kinetic Mesh

Malvern, Pennsylvania – July 13, 2022: Rajant Corporation, the pioneer of Kinetic Mesh® wireless networks, and Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, announce successful validation for semi-autonomous and autonomous drilling. As part of the validation, deployment best practice guidelines were created to support the deployment of Epiroc drills with Rajant BreadCrumbs®. Epiroc has a permanent deployment at its test facility in South Africa to demonstrate semi-autonomous and autonomous exercises using Rajant BreadCrumbs.

Rajant is deployed on dozens of Epiroc semi-autonomous and autonomous drills around the world, some of which include:

  • Semi-Autonomous
    • Anglo-American – Sishen
    • Anglo-American – Mogalakwena
    • Anglo-American – Los Bronces

  • Autonomous drills

“Improving operational safety and productivity in mining operations is the by-product of Rajant Kinetic Mesh. It is the only industrial wireless network enabling machine-to-machine (M2M) connectivity and mobility over markets such as surface and underground mining,” shares Geoff Smith, Executive Vice President of Sales and Marketing at Rajant. “Unlike other wireless networks that rely on fixed infrastructure, Rajant Mobile BreadCrumbs can communicate with each other, allowing machines to interconnect, which adds additional layers of connectivity and redundancy, while Rajant InstaMesh® networking software self-optimizes to overcome constant environmental changes, data loads , interference and displacement requirements of modern mines. »

Brian Doffing, Vice President of Integration at Epiroc, adds, “Rajant’s unique technology offering has been instrumental in enabling our joint customers to scale their standalone solutions. This not only includes Epiroc drills, but opens the door to all connected equipment at the mine site. »

####

About Epiroc
Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. Using cutting-edge technology, Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides world-class service and consumables. The company was founded in Stockholm, Sweden, and has passionate people who support and collaborate with customers in over 150 countries. For more information, visit Epiroc.com.

About Rajant Corporation
Rajant Corporation is the broadband communications technology company that invented Kinetic Mesh® networking, BreadCrumb® wireless nodes and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that harnesses the power of real-time data to deliver critical business information on demand. A low latency, high throughput and secure solution for a variety of data, voice, video and standalone applications, Rajant’s Kinetic Mesh networks provide industrial customers with total mobility, allowing them to take their applications and data from private network anywhere. With successful deployments in over 70 countries for military, mining, port, rail, oil and gas, petrochemical, municipal and agricultural customers. Rajant is headquartered in Malvern, Pennsylvania, with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

BGL welcomes Eliott S. Musick as Managing Director in Business & Industrial Services

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CLEVELAND, July 12, 2022 /PRNewswire/ — Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the addition of Eliott S. Musick as the new Managing Director within its Business & Industrial Services (BIS) vertical. Eliott brings specialized M&A and strategic advisory experience to the firm, with a particular focus on the facilities and field services sector. Situated at New York Cityit will also contribute to the further development of BGL’s presence on the East Coast.

“BGL’s strong commitment to advising the market includes identifying and supporting specialist M&A and capital markets bankers with deep industry knowledge and connections,” said Effram Kaplan, Head of the company’s BIS vertical and environmental and industrial services group. “Eliott is a highly respected banker with strong connections in the industrial services industry, and has a proven track record of executing efficient transactions. We are very pleased to welcome him to BGL and excited about the additional resources that we are able to offer our customers.

Eliott’s 15 years of experience with middle market companies spans all facets of mergers and acquisitions and corporate advisory, capital raising, debt financing and principal investing. Its clients primarily include private, public and privately funded companies in the industrial, infrastructure, engineering and business services sectors.

“BGL has a reputation in the market as a strong, industry-focused M&A platform with excellent customer service,” Musick said. “Their EIS team, in particular, has led the North American market in terms of transaction volume over the past few years. I am excited to join them and help expand their growth in the facilities and services industry across ground.”

Prior to joining BGL, Eliott led the industrial and infrastructure services effort at Macquarie Capital and founded Pointe Falls Growth Partners, a private investment firm focused on investing growth capital in middle market companies. lower in the service and specialized industries sectors. Eliott began his career as a consultant at Deloitte and CGI Group. He holds an MBA from from New York University Stern School of Business and earned his Bachelor of Science degree from Carnegie Mellon University.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public companies and private equity groups on mergers and acquisitions, capital markets, financial restructurings, corporate valuations and opinions and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angelesand New Yorkand real estate agencies in Chicago, Clevelandand San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to serve clients in over 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, visit www.bglco.com.

Industry contacts:

Eliott S. Musick
General director
Facility and Field Services
[email protected]
917.688.2781

Effram E. Kaplan
General director
Head of commercial and industrial services
[email protected]
216.920.6634

SOURCE Brown Gibbons Lang & Company

Juniper grabs a slice of India’s oil industry • The Register

Juniper Networks scored a victory in India’s oil industry this week after the country’s second-largest state-owned oil producer, Oil India, tapped the networking stalwart to modernize its data center and campus infrastructure.

Efforts are part of an ongoing process initiative by the Indian government unveiled on the country’s 75th Independence Day last year, which aims to achieve full energy independence by 2047. The sweeping initiative includes provisions for the electrification of India’s railway system ; waste recycling; hydrogen production; and, fortunately for Juniper, the rapid expansion of oil and gas infrastructure in all 28 states.

As part of this much broader mission, Oil India plans to deploy Juniper’s switches and firewalls across its data center and campus networks to support higher degrees of automation across 2,000 kilometers. company‘s oil and gas pipelines. Additionally, the companies say these upgrades will support the use of autonomous drones and video analytics capabilities to deter illegal activity, detect and contain leaks, and prevent environmental damage.

“Having a Juniper network fabric in our data centers and offices gives Oil India greater business resilience, greater flexibility and choices to deliver better digital experiences to our employees and customers,” said Chandan Kumar Barman, deputy general manager of IT for Oil India, in a can. statement.

Under the partnership, Oil India will deploy Juniper’s QFX5120 switches in its flagship data center, located at its headquarters in Duliajan Assam. The appliances support Layer 2-3 switching and sport up to 48 25 Gbps networking ports as well as multiple 100 Gbps aggregation ports.

Meanwhile, for campus switching, Oil India is deploying a combination of QFX5120 and QFX5110 switches for its core network, and Juniper’s PoE-equipped EX4300 for the distribution layer in a spine-leaf topology.

For routing and security, Oil India uses Juniper’s SRX4200 service gateways in conjunction with its Security Director and Juno Space Network Director software suites.

Oil India also relies on Juniper’s automation tools to offset the operational costs of managing its network. Automation remains a key investment area for the networking giant, following Juniper’s acquisition of Mist in 2019 and intent-based networking provider Apstra in 2020.

Finally, to securely interconnect its data centers, disaster recovery facility and campus networks, Oil India leverages EVPN-VXLAN frameworks, which are natively supported on the aforementioned appliances. The technology allows users to treat physically disparate branch offices and data centers as a single interconnected network.

“Previously, if there was a fiber cut, which is not uncommon, the office could lose connectivity,” Oil India senior technical team member Manas Bordoloi said in a statement. statement. “With a campus structure from Juniper, we have the network resiliency required to support our business operations.” ®

II-VI Incorporated Completes t – GuruFocus.com

PITTSBURGH and SANTA CLARA, Calif., July 01. 28, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (IIVI) today successfully completed the acquisition of Coherent, Inc. (COHR), forming a global leader in materials, networks and lasers.

Under the terms of the merger agreement, each common share of Coherent was converted into the right to receive $220.00 in cash and 0.91 of a II-VI common share.

Both organizations bring their own formidable strengths. The combined business will be further spread across the entire value chain, from materials to components, subsystems, systems and services. The scale of II-VI, at the levels of the value chain where expertise in materials matters, is complementary to the scale of Coherent where laser systems play. The combined company will leverage this complementary scale in ways that will truly matter to our customers in strategic markets.

“Coherent is an innovator with a rich portfolio of some of the world’s most advanced technologies that have transformed a wide range of markets,” said Dr. Vincent D. Mattera, Jr., President and CEO of II-VI. . “I would like to thank Andy Mattes for his leadership of Coherent and for enabling a very successful integration planning process.”

Dr. Mattera continued, “I am also very pleased to announce a new direction for our brand: we expect the combined company to be called Coherent. We will soon announce the launch date of our new brand identity. Although the name Coherent is strongly associated with lasers, the broader meaning of the word is “bringing things together”. It represents our diversity of thought distilled into our clarity of purpose, our unity of action and our broader sense of commitment to our mission, vision and values.

“With our foundation in materials and our unstoppable imagination, we will enable the next evolution of cloud, 3D sensing, electric vehicles, additive manufacturing, space commercialization and healthcare personalization. , to name a few. We are together on a journey into a future that will be increasingly mobile, smart and electric, accelerating the pace of innovation and enabling a stream of spectacular successes that will change the world for a long time. world around us,” he said.

The combined company will serve the four markets of industrial, communications, electronics and instrumentation, which together represent a rapidly growing total addressable market of $65 billion. All four markets are growing and offer our employees exciting opportunities to play an increasingly important role in transforming the world. The combined company’s global workforce of more than 28,000 associates across 130 locations worldwide is dedicated to the company’s enduring vision of a world transformed through innovations essential to a better life today. and sustainability for future generations.

Management and Board of Directors

II-VI will continue to be led by a proven management team that leverages the strengths of the combined company and will continue to benefit from a Board of Directors made up of seasoned executives and thought leaders from very diverse industries. various. We are also pleased to welcome Stephen A. Skaggs and Sandeep S. Vij, former directors of Coherent, to our Board.

Report segments

The combined company will be organized into three business segments. Dr. Giovanni Barbarossa will continue to serve as the company’s chief strategy officer and lead the materials segment, previously called the compound semiconductor segment. Sunny Sun will continue to lead the Networks segment, which was previously the Photonics Solutions segment. Dr. Mark Sobey, former COO and Executive Vice President of Coherent, will serve as President of our new Lasers segment.

Together, these three powerful segments will be the vanguard of our new brand promise: we will empower our customers to define the future through our breakthrough technologies. Our three segments will bring innovations that resonate strongly with our customers.

Advisors

Allen & Company LLC and JP Morgan Securities LLC are acting as financial advisors to II-VI, and Wachtell, Lipton, Rosen & Katz and K&L Gates LLP are acting as legal advisors to II-VI.

Bank of America and Credit Suisse are acting as financial advisors to Coherent, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to Coherent.

About II-VI Incorporated
II-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diverse applications in communications, industrial, aerospace and defense, semiconductor capital goods, life sciences, consumer electronics and automotive. . Headquartered in Saxonburg, Pennsylvania, II-VI has research and development, manufacturing, sales, service and distribution facilities worldwide. II-VI produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information about II-VI, visit II-VI’s website at www.ii-vi.com.

Forward-looking statements
This press release contains forward-looking statements regarding future events and expectations that are based on certain assumptions and contingencies. Forward-looking statements are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. The forward-looking statements contained herein involve risks and uncertainties, which could cause actual results, performance or trends to materially affect different. of those expressed in the forward-looking statements below or in prior disclosures.

II-VI believes that all forward-looking statements made in this press release have a reasonable basis, but there can be no assurance that the expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct. . In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this press release include, but are not limited to: (i) failure of one or more of the assumptions set forth above prove to be correct; (ii) the substantial indebtedness incurred in connection with the acquisition of Coherent (the “Transaction”) and the need to generate sufficient cash flow to service and repay such indebtedness; (iii) the possibility that the combined company may not be able to realize the expected synergies, operational efficiencies and other benefits within the expected time frame or at all and successfully integrate the operations of Coherent with those of the combined company; (iv) the possibility that such integration may be more difficult, longer or more costly than anticipated or that operating costs and disruption to business (including, without limitation, disruption of employee relations , customers or suppliers) are larger than expected in connection with the Transaction; (v) disputes and any unforeseen costs, charges or expenses resulting from the Transaction; (vi) the risk that the disruption of the Transaction materially and adversely affects the respective businesses and operations of II-VI and Coherent; (vii) potential adverse effects or changes in business relationships resulting from the Transaction; (viii) II-VI’s ability to retain and hire key employees; (ix) the buying habits of customers and end users; (x) the timely release of new products and market acceptance of such new products; (xi) the introduction of new products by competitors and other competitive responses; (xii) II-VI’s ability to assimilate recently acquired businesses and realize synergies, cost savings and growth opportunities related thereto, as well as the risks, costs and uncertainties associated with such acquisitions; (xiii) II-VI’s ability to design and execute strategies to respond to market conditions; (xiv) risks to the anticipated growth of the industries and sectors in which II-VI operates; (xv) risks relating to the realization of the benefits of investments in R&D and the commercialization of innovations; (xvi) risks that the combined company’s stock price may not trade in line with industrial technology leaders; (xvii) risks of business and economic disruption related to the currently ongoing COVID-19 outbreak and any other global health epidemics or outbreaks that may occur; (xviii) pricing trends, including II-VI’s ability to achieve economies of scale; and/or (xix) uncertainty as to the long-term value of Common Shares II-VI. II-VI disclaims any obligation to update the information contained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise.

Although the list of factors discussed above is believed to be representative, none of these lists should be taken as a complete statement of all potential risks and uncertainties. Factors not listed may present additional material impediments to the making of forward-looking statements. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please see II-VI’s and Coherent’s respective periodic reports and other filings with the SEC. including the risk factors contained in II- VI’s and Coherent’s most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. II-VI undertakes no obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, if circumstances change, except as applicable securities and other applicable laws require it.

contacts

II-VI
Investors:
Marie-Jeanne Raymond
Financial director
[email protected]
www.ii-vi.com/contact us
Media:
Sard Verbinnen & Co
George Sard / Jared Levy / David Isaacs
[email protected]
Consistent
Investors:
Charlie Koon
Brunswick Group
+1 (917) 246-1458
Media:
Jonathan Doorley / Rebecca Kral
Brunswick Group
+1 (917) 459-0419 / +1 (917) 818-9002

II-VI-Incorporated.png

Twitter prepares legal action against Elon Musk

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Twitter has retained the services of a major New York law firm as it prepares to fight Elon Musk over his decision to drop a $44 billion takeover of the social media company.

Twitter executives have hired Wachtell, Lipton, Rosen & Katz LLP, which specializes in mergers and acquisitions law, to handle a planned lawsuit against Musk, according to a person familiar with the discussions who was granted anonymity to discuss confidential matters .

As Musk Set to Drop Deal, Twitter Faces ‘Worst-Case Scenario’

The team plans to file a lawsuit in the Delaware Court of Chancery, where many corporate battles are ongoing, as early as this week, the person said.

Twitter’s hiring of the top legal team was first reported by Bloomberg.

Weeks after agreeing to buy Twitter in April, Musk appeared to back down on the deal, complaining that the company did not provide adequate details about the number of rogue, fake or spam accounts using the service.

Twitter insists it has fully complied with the agreement’s disclosure requirements, including providing Musk with a “fire hose” of data including millions of tweets sent in real time.

Musk argues in a filing with the Securities and Exchange Commission that the actual size of Twitter’s user base is an important fact about the company, since 90% of its revenue comes from ads. If Twitter wasn’t honest, its legal team believes that gives it a valid reason to back out of a deal it’s contractually obligated to enter into.

Twitter executives believe they have a strong case that Musk violated the terms of the buyout agreement, which he signed in April, agreeing to pay $54.20 for each share in the company. Twitter shares closed Friday below $37.

But at a minimum, the company is likely to face a lengthy legal battle with one of the wealthiest and most mercurial people in the world, which could cripple its ability to launch new initiatives and attract workers.

Twitter chairman Bret Taylor responded to Musk’s decision to walk away from the deal by saying in a tweet that the company is “committed to completing the transaction at the price and terms agreed to with Mr. Musk and plans to take legal action to enforce the merger agreement. We are confident that we will prevail in the Delaware Court of Chancery.”

Elon Musk, the Twitter deal and his quest to save ‘all life on Earth’

Under the terms of the takeover agreement, Musk could be required to pay a $1 billion severance fee.

The fall in Twitter’s share price is part of a broader tech stock slump that has included Tesla, the electric car maker in which Musk is the largest shareholder. Tesla shares have lost about a third of their value since early April.

Twitter’s hiring of Wachtell, Lipton, comes just days after Musk’s lawyers said in a filing with the Securities and Exchange Commission that Twitter had “breached” the terms of the takeover deal for having failed to fully disclose information about its reliance on “fakes and spam”. accounts” in its membership demands.

Musk is represented by Skadden, Arps, Slate, Meagher & Flom LLP.

On Sunday, Twitter declined to comment. Wachtell, Lipton did not respond to emails seeking comment, nor did Musk.

Ekinops SD-WAN Xpress certified – GuruFocus.com

PARIS, June 20, 2022 /PRNewswire/ —Ekinops (Euronext Paris – FR0011466069 – EKI), a leading network access and virtualization specialist, today announced that Ekinops SD-WAN Xpress has successfully passed certification testing to join the Microsoft 365 Networking Partner Program (NPP). Business users of SD-WAN Xpress will now benefit from an improved network quality of experience that improves their connectivity to Microsoft 365 applications.

“Empowering our customers’ digital transformation is at the heart of what we do,” says Sylvain NeighborhoodVice President of Marketing and Product Strategy for Access at Ekinops. “The deepening of our partnership with Microsoft means that we enable customers and users to achieve optimal connectivity to Microsoft 365 locally and directly.”

Ekinops’ simple SD-WAN solution, SD-WAN Xpress, a proven, simple to deploy, multi-tier, multi-tenant, one-piece solution, is available on any OneOS6 compatible hardware platform. By leveraging OneOS6, Ekinops’ user-friendly modular software solution, customers can access integrated services that can be activated remotely and on-demand, improving network automation and programmability.

With Ekinops SD-WAN Xpress, enterprise IT teams can easily identify applications used to develop network management policies that improve user experience without compromising security. This includes non-intrusive and secure Microsoft 365 traffic analysis (and other Microsoft services) to unlock enterprise-optimized QoS.

“We are delighted to welcome Ekinops to the Networking Partner Program for Microsoft 365,” said Scott SchnollSenior Product Marketing Manager at Microsoft. “Ekinops is a valued partner focused on helping Microsoft 365 customers implement Microsoft 365 network connectivity principles. Microsoft only recommends Networking Partner Program member solutions for connectivity to Microsoft 365.”

The nuclear power plant validation adds to the growing collaboration between the two companies, including the recent Microsoft Teams Certified for Ekinops SBC (session border controller) solutions.

To learn more about Ekinops’ partnership with Microsoft or its SD-WAN solutions, see the solution brief here: https://www.ekinops.com/products-services/products/compose/sd-wan/sd-wan-xpress.

Learn more about Microsoft’s NPP: https://cloudpartners.transform.microsoft.com/m365networkingpartners

All press releases are published after the close of trading on Euronext Paris.

Ekinops_Logo.jpg

favicon.png?sn=LN94198&sd=2022-06-20 Show original content to download multimedia:https://www.prnewswire.com/news-releases/ekinops-sd-wan-xpress-certified-to-join-microsoft-365-networking-partner-program-301571200.html

SOURCEEkinops

Beyond the Edge: Why SASE Means Enhanced Security for Your Entire Network

The rapid shift to hybrid working has transformed where and how work takes place. Today’s workers are more likely to go online from their home office than from corporate headquarters, creating new challenges for IT security teams tasked with protecting networks and to move the periphery forward and in the center.

Amid this shift, Secure Access Service Edge, or SASE, emerged, combining WAN and security services into a single cloud-delivered service model. However, while the narrative around SASE is the way to protect the edge, the edge is only half the story. SASE improves security across the entire network in three key ways to create the best and most secure experience possible.

Centralized orchestration and monitoring

Over the past few years, many security teams have likely experienced a variation of the same trend: a solution from one current vendor lacks the functionality they need, so they overlay functionality from another vendor. This cycle continues until they get the stack that meets their security requirements. Sometimes that never happens.

While excellent in the short term, this approach creates significant problems over time. Teams end up with a complex and sprawling security stack that generates a ton of data and contains individual components that don’t communicate with each other. Therefore, a siled stack quickly becomes an insecure stack.

SASE reverses this dynamic by aggregating functionality: SASE solutions provide a single location for policy management, configuration, and monitoring across the entire network. Creating single visibility across the entire client-to-workload transaction simplifies management and enables teams to respond to threats with greater agility and efficiency.

Building a more resilient security operation

The emergence of a unified security management approach to network security has led to a new appreciation of the limitations of the old.

Case in point: consider the firewall. Creating and building a perimeter around a company‘s most important assets has always been comforting and alluring. But with this approach comes downsides. For example, what happens when a firewall goes down? A centralized approach to security, in which the application operates through a single point of failure, carries inherent risk.

SASE, on the other hand, comes with built-in resiliency. Here, policy enforcement happens closer to where the users are. As Gartner Ratingsit’s a reversal of network security design, as it “shifts the focus to the identity of the user and/or device, not the data center.”

Ultimately, this approach also benefits from being more scalable: security teams can ensure that their protection scales alongside their operations without having to purchase and install new hardware.

Create a more consistent user experience

With the consumerization of the business, every team is now a customer experience team. Yes, it also means safety.

A key benefit of SASE is its ability to simplify and centralize how security policies are developed, propagated, and enforced. The result: Devices and security tools can take advantage of the same security policies, meaning users have consistent, unified access whether they’re on campus, in a branch office, or on the go.

Consistent security experiences have a direct impact on overall network security. The more consistent and seamless a security experience is, the less end users will attempt to circumvent it through less secure means.

The “it just works” mindset has become pervasive in the consumer space. SASE continues its efforts to bring this to the enterprise side.

Kate Adam is Senior Director of Security Product Marketing at Juniper Networks Inc. She wrote this article for SiliconANGLE.

Image: Geralt/Pixabay

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Wikstrom Telephone Company celebrates 75 years of service and technological advancements – Grand Forks Herald

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KARLSTAD, Minn. – The Wikstrom Telephone Company, based in Karlstad, Minnesota, celebrates 75 years in a rapidly changing and transformative industry.

The family business, which provides telephone, television and Internet services to towns in northwestern Minnesota, was started in 1947 by George Wikstrom Sr. Today, his son Curtiss Wikstrom is president and general manager. of the widely known Wikstrom Telephone Company. like Wiktel, and is proud of the service his family provides in the region.

“You can’t go anywhere and get better service than what we have,” Curtiss said.

Before founding Wiktel, George Wikstrom senior was a farmer. In 1946, George and his wife, Dolores, purchased the Northwestern Minnesota Telephone Company for $4,500. They took ownership of the company on January 1, 1947, renaming it the Wikstrom Telephone Company. At the time, the company had 285 subscribers. Today, the company has approximately 9,200 customers.

Curtiss was only 3 years old when his family bought Wiktel. He had three siblings, aged 3 months to 9 years at the time, and another brother was born in 1948 and another sister in 1951. All of the children were involved in the family business from the start, a said Curtiss, climbing the telephone poles and operating the switchboard. Most of his siblings still sit on the company’s board of directors.

George Wikstrom Sr. operates the switchboard.

Contribution / Wikstrom Telephone Company

Since 1947, telephone technology has evolved from carrier-controlled switchboards, to digital telephones, to today’s Internet Protocol telephony, which relies on broadband Internet.

“I’ve lived through most of the technical advancements in the world – in the millions of years he’s been here, I’ve lived through most of it,” Curtiss said. “This is especially true of the telephone.”

To keep up with the evolution of technology, Wiktel has evolved. In the early 1970s, all of the company’s phone lines switched to dial-up service. In the decades that followed, the company began installing fiber optic cables for the Internet.

Although customers can still get phone and TV services through Wiktel, the bulk of the company’s business is high-speed internet.

“It’s more important than phones, but we still have phones and we’re still operating to try to keep our service available across the region,” Curtiss said.

According to Curtiss, this summer most Wiktel customers will be connected to high-speed Internet via fiber optic cables. Carrie Taggart, Wiktel’s Office Manager, says this achievement is the result of the Wikstrom family’s dedication to customers.

“A lot of what Wikstrom has done hasn’t been because they had to – it’s because they wanted to, even the fiber in the homes of all our small towns,” he said. she stated. “It was not something the FCC provided assistance for or anything like that. They just knew that was what they wanted to see.

Wiktel also provides mobile communications companies with a data backbone. Taggart said companies like AT&T and Verizon used to lease cell towers, but now rely more on Wikstrom’s fiber technology to deliver services to the region.

Wiktel’s service area extends from East Grand Forks to Angle Inlet in the Northwest Angle. In this range, there are four main systems that operate independently of each other. That way, if the lines fell in Karlstad, people from Roseau could still call each other. Curtiss says the local, decentralized system will maintain emergency communications in northwest Minnesota, even in the event of a disaster.

“Our philosophy is to keep making sure everyone can call each other in our area, even if the world goes crazy. And it can get crazy,” he said.

Curtiss served in the Air Force in the late 1960s and early 1970s. He and his brother Neil, who was in the military, both served in Vietnam. His experiences in the Air Force have made him aware of the threat of nuclear war, and he has been particularly wary since Russia invaded Ukraine in February 2022.

neilcurt_military.jpg
Neil and Curtiss Wikstrom served in the Vietnam War while in the United States Army and United States Air Force.

Contribution / Wikstrom Telephone Company

“When I was in the Air Force, I actually rode nuclear weapons,” he said. “I mean, I was minutes away from dropping bombs elsewhere in the world, and it has since receded. It went down from that, and now it’s coming back. »

He says that in the event of a nuclear war, the decentralization and redundancy of Wiktel’s network would allow emergency communications to continue in the region.

Having seen first-hand the advances in communications technology over the past 75 years, Curtiss expects the technology to continue to evolve in the future. He is optimistic that technology will change the way people live for the better. Already, he notes that the ability to work, go to the doctor and go to school via the Internet has reduced the need to travel, which he says could help save energy and reduce the costs to people.

“Until we have excessive government regulation and control, and let people be free to innovate and make things work, the world won’t stop,” he said. “It’s going to get better if we leave it alone and let people free.”

Wiktel plans to officially celebrate its 75th anniversary at Karlstad’s annual Moosefest, this year August 12-14, with an open house.

20220707_194218_resized_1.jpg
Curtiss Wikstrom is President and CEO of Wikstrom Telephone Company.

Contributed / Wikstrom Telephone Company

Upcoming conversations about success beyond service scheduled for August 3 – Community




Events


Published on July 8, 2022 |
by University Communications





Saint Leo’s Office of Military Affairs and Services and the Department of Global Student Life will host another Conversations on Success Beyond Service webinar at 5 p.m. ET on Wednesday, August 3. The webinar will feature U.S. Army and Special Operations Staff Sergeant Mary Kate Soliva, who will speak on the topic of “Elite Opportunities for Enlisted Service Members”. Click here to register to participate »

Enlisted servicemen find that they are fully capable of competing with their officer counterparts for exclusive opportunities in higher education and the civilian job market.

After serving in the U.S. military, and now as a Saint Leo student pursuing her doctorate in criminal justice, Soliva breaks down the secret to success.

This networking series is designed to provide student-veterans, military, and military-related students the opportunity to find resources, make connections, and discuss topics important to their personal and professional development. Join us wherever you are to create camaraderie within the Saint Leo community!

If you would like more information or have questions about the webinar, please email [email protected]



Key words: 2022-07-11, 2022-07-25, Events, Military, Office of Military Affairs and Services, Saint Leo Worldwide, Student, Student Affairs














Minim Announces Plan for President and CMO Transition

MANCHESTER, NH, July 8, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — White, Inc. (NASDAQ: MINM), the maker of smart Wi-Fi software and Motorola home networking products under an exclusive worldwide brand license, announced that Nicole Hayward Zheng will leave her role as President and Chief Marketing Officer to pursue a new career opportunity with a private company in a new field. His resignation is not the result of a dispute or disagreement with the company. Ms. Zheng has pledged to ensure an orderly transition of her duties and will remain with the company until August 26, 2022.

“On behalf of the company and the board, I want to thank Nicole for her outstanding contributions to Minim,” said Minim CEO Gray Chynoweth. “Since joining the founding team of the original Minim, prior to its merger with Zoom Telephonics”, Nicole has helped shape Minim’s vision, brand, team and strategy. We appreciate his commitment to a smooth transition and wish him the best in his future endeavours.”

Chynoweth continued, “We made the decision not to replace Nicole’s role thanks to the strong leadership team she helped recruit and develop. She has been instrumental in hiring seasoned talent over the past 12 months, setting the company on the path to successful execution of its strategy and operating plans.

“I am so grateful for the unique journey from a small startup to Nasdaq in just a few years,” Ms. Zheng said. “The decision to leave this incredible team was difficult. I remain invested in the success of the company and will stay in touch as a shareholder.

For more information about Minim, visit its website at www.minim.com or the investor site at ir.minim.com.


About Minim

Minim, Inc., (NASDAQ: MINM) was born in 1977 as a networking company and now offers smart software to protect and improve the WiFi connections we depend on for work, learning and life. Minim’s cloud platform powers intuitive apps and a variety of routers, helping customers take control of their connected experience and privacy. Based in Manchester, NH, Minim holds the exclusive worldwide license to design and manufacture consumer networking products under the Motorola brand. To learn more, visit www.minim.com.

MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.


Media Contact:

Scott Harvin at (843)693-0298 or [email protected]

Contact with Investor Relations:

James Carbonara, Hayden IR at (646) 755-7412 or [email protected]

About Motorola’s strategic brand partnerships

For more than 90 years, the Motorola brand has been known worldwide for its high quality, innovative and reliable products. Motorola’s Brand Strategic Partner Program aims to leverage the power of this iconic brand by partnering with dynamic companies that deliver unique, high-quality products that enrich consumers’ lives. The brand’s strategic partners work closely with Motorola engineers during the development and manufacture of their products, ensuring that their products meet the rigorous standards of safety, quality and reliability that consumers have come to expect. Motorola. To learn more about strategic partnerships with Motorola brands, follow us @ShopMotorola.

Forward-looking statements

This press release contains “forward-looking statements”, within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to Minim’s plans, expectations and intentions. Actual results could differ materially from expectations due to known and unknown risks, including: risks associated with Minim’s potential failure to realize the anticipated benefits of the merger acquisition of Zoom Connectivity, Inc.; the potential increase in tariffs on the company’s imports; potential supply disruptions related to manufacturing of the Company’s products in Vietnam; risks related to global shortages of semiconductors; potential changes in NAFTA; the potential need for additional financing that Minim may not be able to obtain; decline in demand for some of Minim’s products; delays, unforeseen costs, interruptions or other uncertainties associated with Minim’s production and shipment; Minim’s dependence on several key outsourcing partners; the uncertainty of major customer plans and orders; risks related to product certifications; Minim’s dependence on key employees; the uncertainty of new product development, including certification and overall project delays, budget overruns; the risk that newly introduced products contain undetected errors or defects or fail to perform as intended; senior management costs and distractions due to patent matters; risks related to a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; and other risks set forth in Minim’s filings with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date made. Minim expressly disclaims any obligation or undertaking to post updates or revisions to these statements to reflect any change in Minim’s expectations or any change in events, conditions or circumstances on which any such statement is based.

Meta Platforms (NASDAQ:META) Price Target Cut to $280.00 by Evercore ISI Analysts

Metaplatforms (NASDAQ:META – Get Rating) saw its price target lowered by stock analysts Evercore ISI from $325.00 to $280.00 in a report on Thursday, reports The Fly. Evercore ISI’s target price would suggest a potential upside of 64.71% from the company’s previous close.

Several other equity research analysts have also weighed in on META recently. Jefferies Financial Group reduced its price target on meta platforms from $330.00 to $310.00 in a research report on Tuesday, May 24. BMO Capital Markets reduced its target price on meta platforms from $290.00 to $225.00 in a Friday, April 22 research note. Mizuho reduced its target price on Meta platforms from $425.00 to $325.00 and set a “buy” rating for the company in a Monday, April 25 research note. UBS Group lowered its meta price target from $310.00 to $215.00 and set a “buy” rating for the company in a Thursday, June 16 research report. Finally, Wedbush lowered its meta platform price target from $270.00 to $220.00 in a Thursday, April 28 research report. One analyst rated the stock with a sell rating, thirteen gave the company a hold rating, thirty-three gave the company a buy rating and one gave the company a strong buy rating. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $298.98.

META stock opened at $170.00 on Thursday. The company has a market capitalization of $460.07 billion, a PE ratio of 12.86, a growth price-earnings ratio of 1.34 and a beta of 1.40. Meta Platforms has a 1-year low of $154.25 and a 1-year high of $384.33. The stock has a 50-day moving average price of $184.38 and a 200-day moving average price of $227.88.

Meta Platforms (NASDAQ:META – Get Rating) last released its quarterly results on Wednesday, April 27. The social networking company reported earnings per share (EPS) of $2.72 for the quarter, beating the consensus estimate of $2.54 by $0.18. The company posted revenue of $27.91 billion in the quarter, versus a consensus estimate of $28.21 billion. Meta Platforms had a net margin of 31.20% and a return on equity of 28.74%. In the same quarter last year, the company posted EPS of $3.30. On average, stock analysts expect Meta Platforms to post 11.46 earnings per share for the current year.

In other news, insider Jennifer Newstead sold 476 shares of the company in a trade that took place on Tuesday, April 12. The shares were sold at an average price of $220.04, for a total transaction of $104,739.04. Following the completion of the sale, the insider now owns 13,926 shares of the company, valued at approximately $3,064,277.04. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. Additionally, CAO Susan JS Taylor sold 1,420 shares of the company in a trade that took place on Tuesday, May 17. The stock was sold at an average price of $202.16, for a total transaction of $287,067.20. Following the completion of the transaction, the chief accounting officer now directly owns 1,605 shares of the company, valued at $324,466.80. The disclosure of this sale can be found here. Insiders sold a total of 45,430 shares of the company worth $9,076,960 during the last quarter. 13.59% of the shares are held by company insiders.

Several hedge funds and other institutional investors have recently changed their positions in META. BlackRock Inc. increased its holdings of Meta Platforms shares by 1.2% during the fourth quarter. BlackRock Inc. now owns 158,101,319 shares of the social networking company valued at $53,177,378,000 after buying an additional 1,909,538 shares in the last quarter. State Street Corp increased its stake in Meta Platforms by 2.0% during the fourth quarter. State Street Corp now owns 94,303,590 shares of the social networking company valued at $31,719,012,000 after buying an additional 1,887,737 shares in the last quarter. Capital International Investors increased its stake in Meta Platforms by 4.4% during the first quarter. Capital International Investors now owns 54,050,797 shares of the social networking company valued at $12,019,697,000 after purchasing an additional 2,281,759 shares in the last quarter. Geode Capital Management LLC increased its stake in Meta Platforms by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 40,627,257 shares of the social networking company valued at $13,629,910,000 after purchasing an additional 950,662 shares in the last quarter. Finally, Norges Bank acquired a new stake in Meta Platforms during the fourth quarter, valued at approximately $9,595,113,000. Institutional investors hold 65.49% of the company’s shares.

Meta Platforms Company Profile (Get a rating)

Meta Platforms, Inc develops products that allow people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and home devices around the world. It operates in two segments, Family of Apps and Reality Labs. Products in the Family of Apps segment include Facebook, which enables people to share, discover and connect with interests; Instagram, a community for sharing photos, videos and private messages, as well as feeds, stories, reels, videos, live and shops; Messenger, a messaging app that lets people connect with friends, family, groups, and businesses across all platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging app used by individuals and businesses to communicate and transact privately.

Read more

The Fly logo

Analyst Recommendations for Meta Platforms (NASDAQ: META)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in meta platforms right now?

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Apple Inc. (NASDAQ:AAPL) Stock Position Reduced by Wealth Enhancement Advisory Services LLC

0

Wealth Enhancement Advisory Services LLC reduced its stake in shares of Apple Inc. (NASDAQ: AAPL – Get Rating) by 0.4% during the first quarter, Holdings Channel reports. The company held 227,906 shares of the iPhone maker after selling 993 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Apple were worth $40,663,000 when it last filed with the Securities and Exchange Commission.

Several other institutional investors have also recently changed their positions in AAPL. Cardinal Capital Management Inc. increased its position in Apple by 5,525.0% in the 1st quarter. Cardinal Capital Management Inc. now owns 225 shares of the iPhone maker valued at $39,000 after acquiring 221 additional shares during the period. Shore Point Advisors LLC acquired a new stake in Apple in Q4 valued at approximately $41,000. St. James Investment Advisors LLC acquired a new stake in Apple in Q4 valued at around $57,000. Econ Financial Services Corp acquired a new stake in Apple in Q4 valued at around $58,000. Finally, Castle Financial & Retirement Planning Associates Inc. acquired a new stake in Apple in Q4 valued at approximately $116,000. Institutional investors and hedge funds hold 57.98% of the company‘s shares.

In related news, SVP Katherine L. Adams sold 25,000 shares of the company in a trade on Wednesday, May 4. The shares were sold at an average price of $161.72, for a total value of $4,043,000.00. Following completion of the transaction, the senior vice president now directly owns 452,334 shares of the company, valued at approximately $73,151,454.48. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. Additionally, SVP Deirdre O’brien sold 8,000 shares of the company in a trade on Monday, April 18. The stock was sold at an average price of $164.91, for a total transaction of $1,319,280.00. Following the completion of the transaction, the senior vice president now directly owns 136,290 shares of the company, valued at $22,475,583.90. The disclosure of this sale can be found here. 0.06% of the shares are currently held by insiders.

AAPL shares opened at $142.92 on Thursday. Apple Inc. has a 12-month low of $129.04 and a 12-month high of $182.94. The company has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 23.20, a growth price-to-earnings ratio of 1.82 and a beta of 1.19. The company has a quick ratio of 0.88, a current ratio of 0.93 and a debt ratio of 1.53. The company has a fifty-day moving average of $144.35 and a 200-day moving average of $160.38.

Apple (NASDAQ:AAPL – Get Rating) last announced its quarterly results on Thursday, April 28. The iPhone maker reported earnings per share (EPS) of $1.52 for the quarter, beating the consensus estimate of $1.43 by $0.09. The company posted revenue of $97.28 billion in the quarter, versus analyst estimates of $93.99 billion. Apple had a net margin of 26.41% and a return on equity of 152.88%. The company’s revenue increased 8.6% year over year. In the same quarter of the previous year, the company achieved EPS of $1.40. Research analysts expect Apple Inc. to post earnings per share of 6.1 for the current year.

Apple said its board approved a stock repurchase program on Thursday, April 28 that allows the company to repurchase $90.00 billion in stock. This repurchase authorization allows the iPhone maker to repurchase up to 3.5% of its shares through open market purchases. Share buyback programs often indicate that the company’s board of directors believe its shares are undervalued.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 12. Investors of record on Monday, May 9 received a dividend of $0.23. The ex-dividend date was Friday, May 6. This is a positive change from Apple’s previous quarterly dividend of $0.22. This represents a dividend of $0.92 on an annualized basis and a yield of 0.64%. Apple’s dividend payout ratio is currently 14.94%.

A number of stock analysts have released reports on AAPL shares. Sanford C. Bernstein set a price target of $170.00 on Apple in a Monday, May 2 research note. Barclays set a price target of $167.00 on Apple in a research note on Tuesday, June 7. Deutsche Bank Rese… set a price target of $210.00 on Apple in a Friday, April 8 research note. Evercore ISI reduced its price target on Apple from $210.00 to $180.00 and set an “outperform” rating for the company in a Tuesday, June 28 research note. Finally, Morgan Stanley cut its price target on Apple from $195.00 to $185.00 and set an “overweight” rating for the company in a Tuesday, June 14 research note. Nine analysts gave the stock a hold rating, twenty-four gave the company a buy rating and one gave the company a strong buy rating. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $184.83.

Apple Company Profile (Get an assessment)

Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories worldwide. It also sells various related services. Additionally, the company offers iPhone, a range of smartphones; Mac, a line of personal computers; iPad, a range of versatile tablets; AirPods Max, an over-ear wireless headset; and wearables, home and accessories including AirPods, Apple TV, Apple Watch, Beats products, HomePod and iPod touch.

Further reading

Want to see which other hedge funds hold AAPLs? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Apple Inc. (NASDAQ:AAPL – Get Rating).

Institutional ownership by quarter for Apple (NASDAQ:AAPL)



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CommScope: Foxtel Expands Wi-Fi 6 Offering by Deploying CommScope NVG448 Triple Play Residential Gateways

CommScope(NASDAQ: COMM), a global leader in home networking solutions, today announced that foxtel will deploy CommScope NVG448 Triple Play Residential Gateways to deliver Wi-Fi 6 performance to Foxtel’s broadband customers in Australia.

As home to the world’s best shows, sports and movies, Foxtel relies on this new device to support active home networks with increased capacity for streaming entertainment. Designed to deliver faster broadband speeds to more devices with lower latency, the NVG488 Gateway is perfect for Ultra-HD video over Wi-Fi and other delay-sensitive applications.

This comprehensive high-performance gateway will provide Foxtel with a cost-effective way to deploy broadband services over Ethernet or xDSL networks through a converged services platform. The NVG488 gateway will also allow Foxtel customers to connect more devices to their home network.

“Home Networks products have been instrumental in delivering truly innovative gateways to all of our global customers and the NVG448 gateway is a complete device that enables service providers such as Foxtel to deploy broadband services over active Ethernet or xDSL. said Phil Cardy, Vice President, Global PLM, Home Networks, CommScope. “By deploying CommScope’s NVG448 gateway, Foxtel continues to deploy broadband services, improve Wi-Fi capacity and provide our customers with the connectivity they expect.”

“As Foxtel continues to evolve our technology offerings with more streaming set-top boxes, we are excited to collaborate with our valued technology partner, CommScope, to launch the new NVG448 gateway, designed to maintain faster speeds on more devices. It’s an integral part of delivering our content, so our broadband customers can continue to enjoy all of their favorite shows, sports, movies, and all of their home internet needs,” said Cameron Wheeler, Chief Content Officer. managing broadband products at Foxtel.

The NVG448 gateway will allow Foxtel customers to enjoy the following benefits:

  • Simultaneous use of telephone, video and high-speed data over a bonded or single copper pair

  • Video IPTV

  • Four Gigabit Ethernet ports for high-speed home networking*

  • Concurrent Wi-Fi support for 802.11 b/g/n/ax on 2.4 GHz and 802.11ac/ax on 5 GHz

  • Main line VoIP phone service

Cardy added that CommScope’s long-term relationship with Foxtel is a great example of the importance of collaboration when launching new and innovative solutions.

CommScope and Foxtel’s home networking partnership began in 2004 and expanded with the launch of the iQ2 set-top box in 2008, iQ3 in 2015, iQ4 in 2018 and iQ5 in 2021.

-END-

All product names, trademarks and registered trademarks are the property of their respective owners.

*Only three ports will be usable for the home network for ~45% of NBN customers (NBN FTTN/B), while other customers will be able to use four ports. Check with your local supplier.

About CommScope:

CommScope (NASDAQ: COMM) pushes the boundaries of technology to create the world’s most advanced wired and wireless networks. Our global team of employees, innovators and technologists empowers customers to anticipate the future and invent what is possible. Find out more about www.commscope.com.

follow us on Twitter and LinkedIn and like us on Facebook.

Subscribe to our Press Releases and blog posts.

About Foxtel:

Foxtel is one of Australia’s most innovative and fastest growing entertainment services. It pioneered advancements in entertainment technology with the launch of Australia’s first live 4K channel; iQ4 and iQ5 decoders; the Foxtel GO app for mobile devices; Foxtel Now and Foxtel broadband streaming service, home phone and entertainment packages. The Foxtel group is owned by News Corporation (65%) and Telstra Corporation Limited ACN 051 775 556 (35%).

Media contacts:

Weiwei Tan, CommScope

public [email protected]

Jeff Kaplan, Allison+Partners

[email protected]

Christine Yangoyan, Senior Communications Manager, Foxtel

[email protected]

Global Mobile Games Market to 2027

DUBLIN, July 6, 2022 /PRNewswire/ — The “Global Mobile Games Market by Technologies, Platforms, Connectivity Types and Ecosystem Stakeholders 2022-2027” report has been added to from ResearchAndMarkets.com offer.

This report represents a comprehensive analysis of global mobile gaming opportunities. It provides insights into the mobile games industry and an analysis of current limitations, challenges and opportunities. The report assesses current and future mobile gaming technologies, new media and their dynamics with the mobile gaming industry.

The report includes mobile game development studios, publishing companies including app stores and local social networks, game economy management companies, mobile game business model and drivers , global and gaming business prospects and mobile network operators.

The report includes in-depth user analysis including demographics and preference analysis by game type, device type, connection type, and more. It includes comparative analysis by age, gender, income and spending habits.

Select report results:

  • Mobile social gaming will hold the highest market share
  • The retail sector will be the rapid adopter of the branded games segment
  • Consumer payment will account for the highest market share in the gaming services segment
  • Game Management Provider to Experience Highest CAGR During Forecast Period

Today, smartphones dominate the mobile gaming platform in terms of users, but tablets drive higher rates through paid monetization, micro-transactions, and advertising. Tablets have started to compete substantially with consoles and could overtake them in the near future. Tablets now represent an attractive mid-core gaming platform.

The proliferation of application stores and portals of social networking sites has greatly contributed to the development of the mobile game market. Developers can now sell games directly through the App Store and create social communities that provide greater opportunity for monetization. Cloud-based publishing has enabled multi-screen publishing and smooth gameplay across mobiles, consoles, and mobile devices, which has greatly promoted mobile gaming.

Main topics covered:

1.0 Executive Summary

2.0 Presentation
2.1 Defining mobile gaming
2.2 Development of mobile game applications
2.3 Game Platform Analysis
2.4 Strategic Market Impact Analysis
2.5 Types of mobile game applications
2.5.1 Multiplayer mobile game
2.5.2 Mobile social games
2.5.3 Mobile location-based game
2.5.4 Mobile video games
2.5.5 Mobile cloud gaming
2.5.6 Casual mobile games
2.5.7 Free app
2.5.8 Mobile casino games
2.5.9 Gamification app
2.6 Market Dynamics Analysis
2.6.1 Market Growth Drivers Analysis
2.6.2 Market Boundary Analysis
2.7 Regulatory and Fraud Analysis
2.7.1 Mobile game hacking and virtual currency scam
2.7.2 Prohibition of mobile social gaming in Japan
2.7.3 Geographic Implication of Anti-Piracy Law
2.7.3.1 Japan
2.7.3.2 Russia
2.7.3.3 China
2.7.4 Zynga with PrivacyVille
2.7.5 Cybercriminal attack on a mobile social game
2.7.6 Debate over in-game scams in mobile social games
2.7.7 Open web to register DMCA: MiniMega vs. TomKid game
2.7.8 RMT and Gold Farming regulations
2.7.9 Offshore opportunity in Asia
2.8 Value chain analysis
2.8.1 Mobile game developer
2.8.2 Mobile game publisher and service aggregators
2.8.3 Sales channel and platform providers
2.8.4 Telecommunications operators
2.8.5 Hardware Manufacturer
2.8.6 Role of new entrants
2.8.6.1 Technical and legal role of the technology provider
2.8.6.2 Role of provider of virtual goods and currency
2.8.6.3 Role of microtransaction solution provider
2.9 Cross-platform OTI vs. OTA distribution and fragmentation
2.9.1 Main challenges of fragmented distribution
2.10 Analysis of monetization measures
2.10.1 Converting Mobile Gaming Metrics to Funnel
2.10.2 Game lifecycle and KPIs
2.10.3 Game analysis
2.10.4 Virus vs Retention
2.10.5 Business Monetization Metrics
2.10.6 Brand monetization metrics
2.10.7 Game monetization
2.10.7.1 Crowded game store
2.10.7.2 Player retention and engagement
2.10.7.3 Top model
2.10.7.4 Opportunity for Game Maker
2.11 Mobile social game design framework
2.11.1 F2P mobile social game design framework
2.11.2 Benefits of using the framework
2.11.3 Nine dimensions of the frame
2.11.4 Add fun in game design
2.11.5 Game Marketing: Role of Apps, Video, Smart TV and Virus
2.11.5.1 Game application marketing
2.11.5.2 Video Marketing
2.11.6 Role of Smart TV and geo-targeting
2.11.7 Importance of virality
2.12 Overview of mobile social gamer engagement
2.12.1 Dilemma of the first 3 days
2.12.2 7 days + Dilemma
2.12.3 Increased engagement in mobile games
2.12.4 Mixing game science with art
2.12.5 Empathy Game: New Wave of Engagement
2.13 Business Model Analysis
2.13.1 Major Mobile Gambling Strategies
2.13.2 Sources of revenue and cost elements
2.13.3 Fashionable business model
2.13.3.1 Virtual objects and micro-transaction
2.13.3.2 In-Game Advertising / Branded Games
2.13.3.3 Subscription/Bundled pack with exchange of virtual objects
2.13.3.4 In-game/branded game advertising with in-store benefits
2.13.3.5 Premium game with in-store benefits
2.13.3.6 Casino/club game model
2.13.3.7 User generated model
2.13.3.8 Gamification-centric model
2.13.4 Tips for economy and gamification in the business model
2.13.4.1 Illusion of free entertainment
2.13.4.2 Never set payment limit for user
2.13.4.3 Focus on retail business
2.13.4.4 Recruiting more players
2.13.4.5 Current Trend of Pricing Model
2.13.5 Advertising model
2.13.5.1 CPC Ad Model
2.13.5.2 IPC advertising model
2.13.5.3 Profitable IPC
2.13.5.4 Virtual goods pricing
2.13.6 Construction of a mathematical model to set the price
2.13.7 Market Challenge and Game Balancing Method

3.0 Technology and Application Analysis
3.1 Gaming Material Analysis
3.2 Game Software Analysis
3.3 Gambling Services Analysis
3.4 Game Management Provider
3.5 Gaming Technology
3.5.1 Action and Adventure
3.5.2 Social Casino
3.5.3 Sports and role-playing
3.5.4 Strategy and brain
3.5.5 Arcade
3.5.6 Other technologies
3.6 Connectivity analysis
3.6.1 WiFi
3.6.2 Cellular (4G LTE/5G)
3.6.3 Wimax
3.6.4 Bluetooth/BLE
3.6.5 LPWAN Connectivity
3.7 Mobile Games Success Strategy Analysis
3.7.1 Features to be integrated into the game
3.7.2 Popular IP vs New Gaming IP
3.7.3 Mobile game production cost
3.7.4 Successful creation of a game IP line
3.7.5 Minimize marketing and user acquisition costs
3.7.6 Use of monetization strategies
3.8 Analysis of investment trends
3.8.1 Second screen, including mobile devices and television
3.8.2 Social network vs gaming network
3.8.3 Gaming Industry Transition and Fragmentation
3.8.4 Gaming industry and business model
3.8.5 Value vs Volume Regions
3.9 Portable Games
3.9.1 Smartwatch as a wearable gaming platform
3.9.1.1 Generalization
3.9.1.2 Interface
3.9.2 Analysis of the potential platform
3.9.2.1 Mind Pirate
3.9.2.2 OBJE (Interactive Obscene)
3.9.2.3 Oculus Rift
3.9.2.4 Sony
3.9.3 Privacy issues

4.0 Business Analysis
4.1 Mobile game developer and publisher
4.1.1 ActivisionBlizzard
4.1.2 Alphabet (Google)
4.1.3 Apple
4.1.4 Electronic Arts
4.1.5 Gameloft SE
4.1.6 Games Inc.
4.1.7 Take-Two interactive software
4.1.8 Glu Mobile
4.1.9 GungHo Online Entertainment
4.1.10 IBM Corporation
4.1.11 InMobi
4.1.12 Kabam Games
4.1.13 MocoSpace
4.1.14 NetEase
4.1.15 nintendo
4.1.16 Oracle Company
4.1.17 Rovio Entertainment
4.1.18 Sony Interactive Entertainment
4.1.19 Supercell Oy
4.1.20 Tencent Assets
4.1.21 The Walt Disney Company
4.1.22 Ubisoft Entertainment SA
4.1.23 Zynga
4.1.24 half brick
4.1.25 Capcom
4.1.26 Namco Bandai
4.1.27 Gamevil (Com2uS)
4.1.28 Zeptolab
4.1.29 Square-Enix
4.1.30 gameprom
4.1.31 Kairosoft
4.1.32 Konami
4.1.33 GRE
4.1.34 DeNA
4.1.35 Sina Weibo
4.1.36 Mobile Papaya
4.1.37 Hungama Games
4.1.38 Anino mobile
4.1.39 social item
4.1.40 agate studio
4.1.41 renren
4.1.42 Kaixin001
4.1.43 51.Com
4.1.44 mixi
4.1.45 Cymonde
4.1.46 Baby
4.1.47 Amazon
4.1.48 Gaia online
4.1.49 badoo
4.1.50 chilingo
4.1.51 KakaoTalk
4.1.52 Line
4.1.53 Wandoujia
4.1.54 Baidu app store
4.1.55 Facebook Games
4.1.56 slip me
4.1.57 GetJar
4.1.58 CodeNgo
4.1.59 Apps UK Ltd.
4.1.60 Anji
4.1.61 F-Droid
4.1.62 Cydia
4.1.63 Nvidia (Geoforce)
4.1.64 App Store
4.1.65 Taobao app market
4.1.66 Bemobi International
4.1.67 Mobango
4.1.68 appitism
4.1.69 Kongregate
4.1.70 maopao
4.1.71 alternative to
4.1.72 360 Market
4.1.73 Xiaomi app shop
4.1.74 One Store Corp.
4.1.75 MTNPlay
4.2 Game management provider
4.2.1 WildTangent
4.2.2 iWin
4.2.3 Twitch.TV
4.2.4 Appia
4.2.5 XSplit
4.3 Carrier Analysis
4.3.1 AT&T
4.3.2 Verizon
4.3.3 T-Mobile UNITED STATES
4.3.4 Vodafone
4.3.5 EE
4.3.6 Telenor
4.3.7 NTT DoCoMo
4.3.8 KDDI au
4.3.9 Mobile China
4.3.10 China Unicom
4.3.11 China Telecom
4.3.12 Airtel (Bharti)
4.3.13 Vodafone Idea
4.3.14 SK Telecom
4.3.15 Telestra Mobile
4.3.16 Optimus-Mobile
4.3.17 MTS
4.3.18 Telkomsel
4.3.19 Indosat
4.3.20 Viettel
4.3.21 Globe Telecom
4.3.22 Maxis
4.3.23 SingTel Mobile
4.3.24 AIS
4.3.25 DTAC
4.3.26 Etisalat
4.3.27 Cellcom

5.0 Market Analysis and Forecast 2022-2027
5.1 Mobile Games Market 2022-2027
5.2 Mobile player 2022 – 2027
5.3 Mobile gamer: demographic analysis 2022 – 2027

6.0 Conclusions and Recommendations

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Warehousing Logistics Services Market Size, Scope and Forecast

0

New Jersey, United States – The Warehousing Logistics Services Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by market analysts, including in-depth interviews, ethnography, customer surveys, and secondary data analysis. It becomes easy for major players to collect important data regarding key organizations along with information such as customer behavior, market size, competition and market needs. By referring to this Warehousing Logistics Services Market research report, it becomes easy for key players to take evidence-based decisions.

This Warehousing Logistics Services Market research report adds the potential to impact its readers and users as market growth rate is affected by innovative products, increase in demand for the product , the richness of raw materials, the increase in disposable income and the modification of consumer technologies. It also covers the effect of COVID-19 virus on market growth and development. Market participants can briefly study the report before investing in the market and expect higher returns. According to the report, the market scenario continues to fluctuate based on many factors.

Get Sample Full PDF Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.verifiedmarketresearch.com/download-sample/?rid=129399

Key Players Mentioned in the Warehousing Logistics Services Market Research Report:

ModusLink Global Solutions Inc., CH Robinson Worldwide United Parcel Service Expeditors International of Washington Inc, Kenco Group, Deutsche Post DHL Group, Americold Logistics, LLC and DSV Air & Sea Inc., Rakuten Super Logistics, Shipwire

Several industries are interested in determining what the customers really want and the Warehousing Logistics Services market report helps in this regard by carrying out detailed market research. Before bringing a new product to market, every business owner wants to know the demand for the product, and this market research report is the best guide for them. It further helps in meeting business requirements by covering all the latest advances in the market. The Warehousing Logistics Services Market report is the best way to have a close eye on the activities of the major competitors as well as the strategies they are deploying for the expansion of their business. It further conducts in-depth analysis for the 2022-2028 assessment period to provide more business opportunities for business owners.

Warehousing Logistics Services Market Segmentation:

Warehousing Logistics Services Market, By Type

• Palletization
• Handling
• Depalletization
• Delivery
• Supported
• Manufacturing
• Others

Warehousing Logistics Services Market, By End User

• Industrial
• Manufacturing
• Detail
• Health care
• Petroleum gas
• Others

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Scope of the Warehousing Logistics Services Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Answers to key questions in the report:

1. Who are the top five players in the Warehousing Logistics Services Market?

2. How will the warehousing logistics services market evolve over the next five years?

3. Which product and which application will take the lion’s share of the warehousing logistics services market?

4. What are the Warehousing Logistics Services Market drivers and restraints?

5. Which regional market will show the strongest growth?

6. What will be the CAGR and size of the Warehousing Logistics Services market throughout the forecast period?

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Verified Market Research® is a leading global research and advisory firm that for over 10 years has provided advanced analytical research solutions, personalized advice and in-depth data analysis to individuals and businesses seeking accurate research, reliable and up to date. data and technical advice. We provide insight into strategic and growth analytics, the data needed to achieve business goals, and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities, and maximize efficiency by working as a partner to deliver accurate and valuable insights. The industries we cover span a wide spectrum, including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and the gas. Etc.

At Verified Market Research, we help in understanding holistic market indicator factors and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and review data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise and years of collective experience to produce informative and accurate research.

Having served over 5000 clients, we have provided reliable market research services to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms such as McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for companies around the world.

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Bill to digitize government services pushed

Metro Manila (CNN Philippines, July 5) – Lawmakers in the 19th Congress are determined to digitize state agencies through the proposed “e-Governance Act of 2022” that aims to shift government services to online platforms.

Representatives led by Martin Romualdez de Leyte filed the E-Governance Act of 2022, embodied in Bill (HB) No. 3.

Ferdinand Alexander “Sandro” Marcos of Ilocos Norte, along with Yedda Marie Romualdez and Jude Acidre, both of the Tingog party group, are co-authors.

The explanatory memorandum to the bill said: “The move to digital platforms is a long time coming. The COVID-19 pandemic has only accelerated the need for his execution. “New Normal” policies must meet the needs of people and allow them to truly feel a sense of normalcy, rather than burdening them with inevitable but avoidable restrictions.”

“It is high time to enact a law that would force all government agencies to move to digital platforms,” he also said, adding that digitizing services “is obviously the most effective solution to closing the gap in delivery of government services”.

The measure aims to develop an integrated, interconnected and interoperable information, resource sharing and communication network which will contain internal records, a management information system, an information database and digital portals covering the across national and local government for the delivery of public services. services.

In addition, HB #3 would facilitate access to government information and services in a manner that complies with rules governing the protection of private information, national security, record keeping, accessibility for people with disabilities and other relevant laws.

Titled “An Act to Institutionalize the Government’s Transition to E-Governance in the Digital Age, Allocating Funds for This and Other Purposes”, the proposed law would cover all state offices and agencies, including units local governments and public enterprises.

It would also govern each head of agency, local government unit or state corporation responsible for its implementation.

Responsibility of the DICT

The e-Governance Act would be implemented primarily by the Department of Information and Communications Technology (DICT) through the establishment of a Project Management Office (PMO) within a year of entry into force. force of the proposed law.

E-governance is described in the bill as “the use of information and communications technology (ICT) by government and the public to improve access to government services and their delivery in order to ensure a service effective, responsive, ethical, accountable and transparent government”. .”

DICT Secretary Ivan John Uy said earlier that digitizing government transactions would also reduce corruption in government agencies.

According to the measure, the DICT is required to coordinate and harmonize all ICT plans and initiatives “to ensure the sharing of knowledge, information and resources, the creation of databases and links between government agencies, in accordance with e-government objectives in particular and national objectives in general”.

In a bid to move paper-based communications to a digital platform, DICT would establish an internal messaging network called “GovMail” and facilitate communication between agencies.

The bill also directs the DICT to create and maintain a database of information – names, addresses, dates and places of birth, biometric data, etc. – on all Filipinos and foreigners entering the country.

The bill also mandates the maintenance of a directory of all national government officials called the Philippine Civil Service Directory, which includes their names, titles, telephone numbers, fax numbers, office locations, and email addresses. . The public would have access to the directory.

Service portals

The measure also proposes the creation of a service portal where the public can transact with agencies and for state offices to perform services online.

The bill establishes time limits for responsible personnel to act or make decisions on requests or requests.

There would also be another portal for online payments.

HB No. 3 also calls for the development of a citizens’ concern center where people can voice complaints, issues or concerns. It also demands that the government provide free internet to the public, as well as internet-enabled gadgets in all barangay centers.

Why the former Google CEO isn’t impressed with Metaverse and Facebook’s vision

Metaverse has been the new buzzword in the tech world for quite some time now. However, the old Google CEO Eric Schmidt isn’t too keen on the very concept of Metaverse. Schmidt served as CEO of Google for ten years, from 2001 to 2011. He served as Executive Chairman of Alphabet Inc from 2015 to 2017 and Technical Advisor to Alphabet from 2017 to 2020. At an event in Colorado, USA Recently, Schmidt reportedly expressed skepticism about the prominence and adoption this new technology might take in the future.
“No one knows or has clearly defined what the metaverse is”
Schimdt said that so far there is no consensus on the very definition Metaverse is and what it means. “There is no agreement on what the metaverse is, even though one company has changed its name in anticipation of its definition,” Schimdt said. The former Google CEO appeared to be referring to the social media giant Facebook here which now includes Metaverse as one of the key pillars of its operation and has renamed itself to Meta.
Schmidt isn’t too keen on real estate in the Metaverse either, and considers it a controversial topic. “I’m not worried about buying large tracts of private real estate in the metaverse myself. It’s not a concern I have every day,” he said.
Do not search Facebook for the first time
By the way, this isn’t the first time Schmidt has scoured Facebook about Metaverse. In 2021, while speaking to CNBC, Schmidt said, “I’ve been waiting for about thirty years. … As to whether Facebook is going to build this, I don’t know.”
Schmidt went on to say that he would continue to call the company Facebook, much like others call Alphabet “Google,” which he says is “how it really works.” He added that while the promise of the metaverse is powerful, it could cause problems when people give up real life for the virtual world.
What is the Metaverse
According to the most widely accepted definition of Metaverse, it is a virtual world where you can socialize, work and play.

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Time-Aware Networking Market Size and Forecast

New Jersey, United States – The Time-Sensitive Networks Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by market analysts, including in-depth interviews, ethnography, customer surveys, and secondary data analysis. It becomes easy for major players to collect important data regarding key organizations along with information such as customer behavior, market size, competition and market needs. By referring to this Time-Aware Networking Market research report, it becomes easy for key players to take evidence-based decisions.

This Time Aware Networking Market research report adds the potential to impact its readers and users as market growth rate is affected by innovative products, growing demand for the product, wealth raw materials, increasing disposable incomes and changing consumer technologies. It also covers the effect of COVID-19 virus on market growth and development. Market participants can briefly study the report before investing in the market and expect higher returns. According to the report, the market scenario continues to fluctuate based on many factors.

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Several industries are interested in determining what the customers really want and the Time Aware Networking market report helps in this regard by carrying out detailed market research. Before bringing a new product to market, every business owner wants to know the demand for the product, and this market research report is the best guide for them. It further helps in meeting business requirements by covering all the latest advances in the market. The Time Aware Networking Market report is the best way to keep a close eye on the activities of leading competitors as well as the strategies they are deploying for the expansion of their business. It further conducts in-depth analysis for the 2022-2028 assessment period to provide more business opportunities for business owners.

Top Key Players in Time-Aware Networking Market Research Report:

Cisco Systems, NXP Semiconductors, Marvell Technology Group, Microchip Technology, Intel Corporation, National Instruments Corporation, Analog Devices, Broadcom Limited, Belden, Renesas Electronics Corporation, TTTech Computertechnik, Schneider Electric SE, Bosch Rexroth AG, B&R Industrial Automation GmbH, Rockwell Automation , General Electricity Company

Key Segments Covered in the Time-Aware Networking Market – Industry Analysis by Types, Applications and Regions:

Time-Aware Networking Market – Type Outlook (Revenue, USD Million, 2017 – 2029)

• Switches
• Hubs
• Routers
• Gateways
• Memory

Time-Aware Networking Market – Application Outlook (Revenue, USD Million, 2017-2029)

• Industrial automation
• Power and energy
• Automotive
• Transportation
• Petroleum gas
• Aeronautics

For more information or query or customization before buying, visit @ https://www.verifiedmarketreports.com/product/global-time-sensitive-networking-market-size-and-forecast-to-2025/

Scope of the Time-Aware Networking Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Regional Analysis For Time Aware Networks Market:

The Time-Aware Networking Market research report details current market trends, development outline, and several research methodologies. It illustrates the key factors that directly manipulate the market, for example, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes in product profiles could lead to huge disruptions in the factors mentioned above.

? North America (United States, Canada and Mexico)
? Europe (Germany, France, UK, Russia and Italy)
? Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
? South America (Brazil, Argentina, Colombia, etc.)
? Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)

What insights does the Time-Aware Networking market report provide readers?

? Fragmentation of time-sensitive networks based on product type, end use, and region
? Comprehensive assessment of upstream raw materials, downstream demand and current market landscape
? Collaborations, R&D projects, acquisitions and product launches of each Time-Sensitive Networking player
? Various regulations imposed by governments on the consumption of Time-Sensitive Networking in detail
? Impact of modern technologies, such as big data and analytics, artificial intelligence and social media platforms on time-sensitive networks

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About Us: Verified Market Reports

Verified Market Reports is a leading global research and advisory company serving over 5000 global clients. We provide advanced analytical research solutions while delivering information-enriched research studies.

We also provide insight into the strategic and growth analytics and data needed to achieve business goals and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and governance using industry techniques to collect and analyze data on over 25,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

Our research spans a multitude of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage, and more. Having served many Fortune 2000 organizations, we bring a wealth of reliable experience that covers all kinds of research needs.

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Document Preparation Services Market Size, Scope and Forecast

0

New Jersey, United States – The Documentation Preparation Services Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by market analysts, including in-depth interviews, ethnography, customer surveys, and secondary data analysis. It becomes easy for major players to collect important data regarding key organizations along with information such as customer behavior, market size, competition and market needs. By referring to this Document Preparation Services Market research report, it becomes easy for key players to take evidence-based decisions.

This Document Preparation Services Market research report adds the potential to impact its readers and users as market growth rate is affected by innovative products, growing demand for the product, wealth raw materials, increasing disposable incomes and changing consumer technologies. It also covers the effect of COVID-19 virus on market growth and development. Market participants can briefly study the report before investing in the market and expect higher returns. According to the report, the market scenario continues to fluctuate based on many factors.

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Key Players Mentioned in the Document Preparation Services Market Research Report:

LoanDocSolutions, Proof Positive Group, Austin Word Werks, Aeon Technologies

Several industries are interested in determining what the customers really want and the Document Preparation Services market report helps in this regard by carrying out detailed market research. Before bringing a new product to market, every business owner wants to know the demand for the product, and this market research report is the best guide for them. It further helps in meeting business requirements by covering all the latest advances in the market. The Document Preparation Services Market report is the best way to keep a close eye on the activities of leading competitors as well as the strategies they are deploying for the expansion of their business. It further conducts in-depth analysis for the 2022-2028 assessment period to provide more business opportunities for business owners.

Document Preparation Services Market Segmentation:

Documentation Preparation Services Market, By Services

• Editing
• Proofreading
• Arrangement
• Computer-assisted publications

Documentation Preparation Services Market, By End User

• Bank
• Financial and Insurance
• Legal
• Supply chain management
• Health care

Document Preparation Services Market, By Organization Size

• Large companies
• Small and medium enterprises

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Scope of the Document Preparation Services Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Answers to key questions in the report:

1. Who are the top five players in the Document Preparation Services market?

2. How will the documentation preparation services market evolve over the next five years?

3. Which products and applications will capture the lion’s share of the documentation preparation services market?

4. What are the drivers and restraints of the Document Preparation Services Market?

5. Which regional market will show the strongest growth?

6. What will be the CAGR and size of the Document Preparation Services market throughout the forecast period?

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About Us: Verified Market Research®

Verified Market Research® is a leading global research and advisory firm that for over 10 years has provided advanced analytical research solutions, personalized advice and in-depth data analysis to individuals and businesses seeking accurate research, reliable and up to date. data and technical advice. We provide insight into strategic and growth analytics, the data needed to achieve business goals, and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities, and maximize efficiency by working as a partner to deliver accurate and valuable insights. The industries we cover span a wide spectrum, including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and the gas. Etc.

At Verified Market Research, we help in understanding holistic market indicator factors and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and review data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise and years of collective experience to produce informative and accurate research.

Having served over 5000 clients, we have provided reliable market research services to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms such as McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for companies around the world.

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Stratford Mutual Telephone Outlet – GuruFocus.com

DALLAS, May 24, 2022 (GLOBE NEWSWIRE) — DZS (DZSI), a global leader in access network infrastructure, service assurance and customer experience software solutions, today announced that it will support a network expansion initiative to Telephone of the Stratford Mutual to bring world-class broadband to a once unserved area, Hamilton and Story counties in rural Iowa. The Iowa-based telecommunications service provider is leveraging DZS’ XGS-PON technology to supersize unserved communities in its service area, delivering much-needed connectivity to up to 1,400 new subscribers in both counties, allowing them to benefit from revolutionary applications such as HD video conferencing, telehealth, augmented reality (AR) and virtual reality (VR), immersive games, 8k video streaming and more. The project, awarded through a call for tenders managed by an engineering consulting firm Advantageous position and supported by channel partner Goldfield Telecomwill leverage state-of-the-art solutions from DZS Velocity high-speed connectivity portfolio and ONT and WiFi mesh solutions from the DZS Helix Connected Home and Business wallets.

“Fast and reliable broadband connectivity is an essential necessity that people rely on to carry out their daily lives,” said Steve Frey, Managing Director of Stratford Mutual Telephone. “This network expansion is part of our ongoing efforts, supported by state broadband grant programs, to bridge the digital divide in rural Iowa. DZS, Vantage Point and Goldfield Telecom have been our valued, long-time partners since 2005 when we were one of the first companies to deploy fiber and PON technology in the state. We are excited to build on our shared success by enhancing our network with state-of-the-art technology that will enable us to provide our existing and new subscribers with unparalleled services.

As part of the deployment, Stratford Mutual Telephone will integrate DZS’ industry-leading XGS-PON technologies, including the company‘s revolutionary DZS Velocity combo cards featuring powerful Any-PON-Any-Port (APA) technology. This will provide the Stratford team with the flexibility to deploy the optimal technology for each deployment scenario, choosing from GPON, XGS-PON or 10 Gigabit point-to-point technologies to meet community physical and service demands. Stratford also integrates DZS Helix Wi-Fi mesh gateway solutions, providing whole-home solutions to customers.

“Stratford Telephone has an excellent reputation as a service provider that is ready to do whatever it takes to support its customers,” said Andrew Finkelstein, Senior Vice President, North America Sales at DZS. “By securing funding from government programs to improve and expand critical broadband infrastructure and by prioritizing the flexibility and ease of use of its network, Stratford is setting an example for other service providers looking to improve the quality of life in their communities through life changes. and ultra-fast broadband access. In addition to providing immediate benefits to underserved communities, they are expanding their audience and advancing their services into the future. We have enjoyed meaningful partnerships with Stratford, Vantage Point and Goldfield for nearly two decades and look forward to supporting their network expansion.

To learn more about DZS, visit https://www.dzsi.com.

About DZS

DZS inc. (NSDQ: DZSI) is a global leader in access network infrastructure, service assurance and customer experience software solutions.

DZS, the DZS logo and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management. on the date hereof. Words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “expect”, “aim”, “intend”, “may” , “plan”, “project”, “seek”, “should”, “target”, “shall”, “would”, variations of these words and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, the risk factors contained in the Company’s filings with the SEC available at www.sec.gov, including, without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen effects of the COVID-19 pandemic and the global economic climate may create or amplify many of these risks. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. DZS assumes no obligation to update or revise any forward-looking statements for any reason.

For more information, see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

DZS.png

Guardforce Announces Subsidiary – GuruFocus.com

NEW YORK, May 13, 2022 (GLOBE NEWSWIRE) — Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (GFAI, Financial)(GFAIW, Financial), an integrated security solutions provider, today announced that Handshake Networking Limited (“Handshake”), a subsidiary of the company, has developed an automated marine scanning service designed to address major security vulnerabilities in the marine industry. maritime transport. The Company also announced the launch of this new service with one of the world’s leading global container ship operators based in Hong Kong.

Handshake Networking is a leading information security service provider, with experience in providing network security solutions, including penetration testing, to multinational corporations since 2004. Vulnerability and cyberattack assessment on vessels at sea is complex, as these vessels move unpredictably between the supplier network. However, the new service, provided by the company under a software-as-a-service (SaaS) model, addresses these vulnerabilities by allowing vessel operators to plan safety scans, adapt to unpredictable changes of the network and speed up the response time to a ship, even in the middle of the ocean. Once the scan is complete, the ship operator receives a report showing all exposed services and vulnerabilities. This scanning platform offers global coverage and is hosted in the company’s cloud environment.

Based on recent maritime fleet statistics from the UK Department for Transport, at the end of 2021 there were approximately 63,000 commercial vessels in service worldwide. Each of these ships contains complex computer systems to manage engines, fuel and navigation, as well as email, software updates and access to cloud applications. Connecting to global networks via satellite and cellular data is essential; however, this multiple network connectivity makes ships vulnerable to cyberattacks.

Terence Yap, President of Guardforce AI, said, “We are delighted to announce the launch of our automated marine scanning platform with one of the world’s leading container ship operators. Prior to our selection, our new automated marine scanning service was highly rated by this customer, providing strong validation of the robustness of this cyber intelligence offering and application within the shipping industry. industry, more and more global shipping companies have realized the economic impact of cybercrime and the need for effective solutions Cybersecurity solutions are more urgent than ever, as regulations from the International Maritime Organization require that all ships and ships around the world include cyber risk management in their safety management systems in accordance with the international safety management (ISM) code. unprecedented threat to the stry maritime industry, as well as to the global community, and we expect demand for our solutions to continue to grow.

Richard Stagg, Managing Director of Handshake, said: “International logistics are a prime target for cyberattacks and threats directed at ships can affect crew, cargo and even ports, as well as the smooth running of operations. ships. With our SasS offering, we can provide our customers with a truly cost-effective solution that encourages frequent security checks. With over 17 years of experience as an information security service provider, Handshake is well positioned to effectively assess information security even on container ships, despite technical constraints. We look forward to accelerating the commercial deployment of our marine scanning service, which we believe will play an invaluable role in defending businesses and critical infrastructure worldwide.

About Guardforce AI Co. Ltd.

Guardforce AI Co.Ltd. (GFAI, Financial)(GFAIW, Financial) is a global integrated security solutions provider focused on developing robotic solutions and information security services that complement its well-established secure logistics business. With over 40 years of professional experience, Guardforce AI is a trusted brand that protects and transports high-value assets owned by public and private sector organizations. Guardforce AI develops and delivers innovative technologies and services that enhance security and protection. For more information, visit www.guardforceai.com.

Safe Harbor Statement

This press release contains statements that do not relate to historical facts but that are “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such statements generally (but not always) be identified by their use of terms and expressions such as anticipate, appear, believe, continue, may, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue , want, want and other similar terms and expressions, as well as the use of the future tense. Forward-looking statements are neither historical facts nor guarantees of future performance. Instead, they are based solely on current beliefs, expectations and assumptions regarding the future of the Company’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control, including the risks described in our statements. Registration Document and our reports under “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Accordingly, you should not rely on any such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof. Except as otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:
David Waldman or Natalia Rudman
Crescendo Communications, LLC
E-mail: [email protected]
Tel: 212-671-1020

Guardforce AI Enterprise Communications
Hu Yu
E-mail: [email protected]

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Company behind Park West apartments set to default on nearly $7 million in debt

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COLLEGE STATION, Texas (KBTX) – The company behind Park West – Texas A&M University is in financial trouble. NCCD-College Station Properties LLC is set to default on nearly $7 million in debt on Friday.

NCCD – College Station Properties LLC is a separate entity from the National Campus and Community Development Corporation (NCCD). According to the NCCD website, it manages the financing team of its entities through negotiations, closing and financing.

According to Moody’s Investor’s Service, the company was due to pay $15.265 million in principal and interest, but only paid $8.5 million. Moody’s said this is due to an oversaturated student housing market that has made it difficult to pay bond debt.

NCCD also retains ownership responsibilities throughout the financing of the entity. These responsibilities include overseeing property managers and their budgets and operations. In addition, the NCCD oversees communication with federal and state regulatory bond entities and bondholders, as well as tax filings, audits, and assurances.

The Securities and Exchange Commission compares bond debt to an IOU. According to the SEC, “Investors who buy corporate bonds lend money to the company issuing the bond. In return, the company legally undertakes to pay interest on the principal and, in most cases, to return the principal when the bond matures or matures.

When a company defaults on a bond, its solvency becomes a concern for bondholders. Experts say the process can be complicated for properties in default, including an increased risk that they will be sold at a loss to appease creditors.

Park West is a public-private partnership, meaning Texas A&M owns the land the complex sits on, but the university has no financial involvement in the deal. KBTX reached out to Texas A&M and the Texas A&M University System for comment, but no one was available due to Independence Day weekend.

National campus and community development also gave rise to the Texas A&M Hotel and its parking lot. These developments are separate projects and should not be affected by the defect.

For more details on the default, click here.

Copyright 2022 KBTX. All rights reserved.

Chief Marketing Officer Vanessa Guajardo Receives Secured Finance Network’s ’40 Under 40′ Award in New York

Global FinTech Group Chief Marketing Officer receives notable accolade for her innovative FinTech and MarTech strategies, which are reshaping the financial services industry.

US Capital Chief Marketing Officer Vanessa Guajardo received the prestigious Secured Finance Network’s “40 Under 40 Awards” at a ceremony on June 16 at the Plaza Hotel in New York City.

“It’s a real honor to be selected as the recipient of SFNet’s 40 Under 40 Award,” said Ms. Guajardo. “I am extremely grateful to the team at SFNet and to Sweeney and Towle at US Capital for nominating me and for their mentorship and support over the years…”

All 40 Under 40 Award Winners

SFNet's 40 Under 40 Awards, established in 2016, celebrate the achievements of young professionals in the secure finance industry – dynamic individuals who exemplify true excellence in their careers and who also contribute to their communities and to the industry in its entirety. together.  SFNet's 40 Under 40 Beneficiaries are the future of the secure financial community.

SFNet’s 40 Under 40 Awards, established in 2016, celebrate the achievements of young professionals in the secure finance industry – dynamic individuals who exemplify true excellence in their careers and who also contribute to their communities and to the industry in its entirety. together. SFNet’s 40 Under 40 Beneficiaries are the future of the secure financial community.

San Francisco, California, U.S., June 30, 2022 (GLOBE NEWSWIRE) — US Capital Chief Marketing Officer Vanessa Guajardo received the prestigious Secured Finance Network’s ’40 Under 40 Awards’ at a ceremony on June 16 at the Plaza Hotel in New York City. The awards, held annually, aim to recognize and celebrate talented young professionals across the country who are poised to impact the future of the financial industry.

With principal offices in San Francisco, Miami, London, Milan and Dubai, US Capital is a global private finance group with a proven track record in investment banking, asset management and capital formation services. The company provides sophisticated debt, equity and investment products to lower-middle-market businesses and investors, using the latest FinTech and RegTech innovations.

“I nominated Vanessa for the ’40 Under 40 Awards’ because she exemplifies excellence and leadership in her career,” said Jeffrey Sweeney, Chairman and CEO of US Capital. “Immediately after joining US Capital five years ago, Vanessa played a key leadership role in rebranding the group as we aim for international expansion. Since then, she has grown our proprietary database of engaged contacts by 75% to nearly 100,000, and her creativity and insight have led to an estimated regional sales growth of 320% in three years. I am very proud of his accomplishments at US Capital.

“It’s a real honor to be selected as the recipient of SFNet’s 40 Under 40 Award,” said Ms. Guajardo. “I am extremely grateful to the team at SFNet and to Sweeney and Towle of US Capital for nominating me and for their mentorship and support over the years. Since I joined five years ago, they have helped me reach new heights and have given me the space to grow and thrive within the group. I look forward to many more successes at US Capital as we continue to expand the group’s presence in the globally in new verticals.

Vanessa has been a strong champion of diversity and inclusion as a cornerstone of business success at US Capital. As a global group serving global clients, US Capital prides itself on its diversity. Each of its offices is led by a strong team sharing different ethnicities, nationalities, genders, religions, educations and political perspectives, and yet united by a deeply rooted corporate culture of respect and inclusion.

About QT Imaging

The hub of a vibrant financial networking community, the Secured Finance Network (“SFNet”) operates as an essential resource for all organizations and professionals who provide and enable secure finance to businesses. Providing both large-scale and intimate networking opportunities, hard-to-get industry data and a range of training programs, SFNet anticipates and meets the needs of the multi-faceted secure financial community, while its monthly magazine, The secured lender, shares insights from top industry leaders. www.sfnet.com

About U.S. Capital

Founded in 1998, US Capital leverages the latest FinTech and RegTech innovations to provide sophisticated debt, equity and investment products to lower-middle-market businesses and investors. The US Capital Group manages direct investment funds and provides wealth management and capital raising services through its affiliates, including US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC and its broker Member of FINRA, US Capital Global Securities LLC. The group works closely with its peers in professional banking and investment advice. www.uscapital.com

To learn more about US Capital, email Jeffrey Sweeney, Chairman and CEO, at [email protected] or call +1 415-889-1010.

Attachments

CONTACT: Vanessa Guajardo US Capital +1 415 889 1010 [email protected]

Nerdery Innovation Studio Introduces New Workshop Services Allowing Companies to Innovate Faster

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Nerdery Innovation Studio offers new services to help companies innovate faster

“Through our Nerdery innovation studio, we co-create to help clients like PING, Polaris and Google overcome obstacles to produce a testable concept in weeks instead of years.”

Nerdery, a leading digital product consultancy, announces the launch of three new workshop-based services within its popular Nerdery Innovation Studio (NIS), which leverages Nerdery’s proven processes to equip businesses transform innovation by rapidly accelerating their path to creating breakthrough digital products. The three new service offerings include:

  • Product mindset: Immerses teams in the product mindset, which links agile development strategies to overall goals. Clients leave with a personalized action plan to help their teams apply the learnings on an ongoing basis.
  • Digital Assessment: By analyzing a client’s human resources, processes and technology capabilities, Nerdery can determine key areas to invest in to accelerate digital transformation and deliver the best return.
  • User-Centered Design: Through marketing analysis, competitive research, and Nerdery’s deep expertise in developing user-centered products, NIS refines a product’s design to ensure its success.

These offerings complement the Nerdery Innovation Studio suite of services, which continues to offer:

  • Idea Incubator: NIS helps clients prioritize their opportunities and better understand what/when/how/who is needed to turn their business idea into a working concept.
  • Rapid Prototype: By quickly testing a product idea under pressure with business and IT partners, NIS helps customers better understand the effort and path required for a future release.

“As digital product experts, we live and breathe innovation every day, and sharing our proven secret sauce for supporting and creating innovative, transformative work with other companies is a natural next step,” said Rebekka DesLauriers, Portfolio Manager of Nerdery Innovation Studio. “Through our Nerdery innovation studio, we co-create to help clients like PING, Polaris and Google overcome obstacles to produce a testable concept in weeks instead of years.”

Nerdery Innovation Studio engagements are driven by Nerd-led workshops and last from a few days to 3-4 weeks. They are tailored to each client’s unique needs and specific challenges to drive business value and designed to quickly accelerate subsequent phases to begin building digital solutions.

To learn more about Nerdery Innovation Studio and new services, please visit http://www.nerdery.com/innovation-studio.

Or check out our recent “Sparking Innovation” panel to learn from innovation experts how to uncover actionable strategies to stay innovative and learn how to gain leadership buy-in for your ideas – by visualizing, positioning and telling your story.

ABOUT NARDERIE

Nerdery is a leading digital product consultancy with extensive experience in strategy, design, technology and engineering, serving clients across various industries. Nerdery works alongside its customers to understand their goals and create digital products that transform business, create lasting customer relationships, and enhance the human experience. Much more than consultants, they are allies for the digital journey – a collection of strategists, designers, technologists and proud “Nerds”, who are united around a vision to relentlessly invent a world that works better. for everyone. Nerdery was founded in 2003 and has offices in Minneapolis, Chicago and Phoenix. Learn more at nedery.com.

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Salesforce Signs Memorandum of Understanding with Pride Circle Foundation


Bangalore, Karnataka, India:

Salesforce (NYSE: CRM), the global leader in CRM, today announced that it has signed a Memorandum of Understanding (MoU) with the Pride Circle Foundation. Salesforce will be the knowledge partner for the TRANSformation program, which aims to give LGBTQIA+ community for employability and entrepreneurship and the Youth Changemaker program where LGBTQIA+ & Engage students in problem solving on projects aimed at increasing LGBTQIA+ inclusion in education.

Pride Circle Foundation is a non-profit organization that actively works to uplift and empower LGBTQIA+ community in India and enable them to reach their full potential. This is achieved by giving them access to programs, tools and resources for skills, mentoring, employability, entrepreneurship and other support services.

Trailhead is Salesforce’s accessible online learning platform that helps everyone learn to seize opportunities in the Salesforce ecosystem. Leveraging Trailhead for the TRANSformation program and the Youth Changemaker program, Salesforce will enable LGBTQIA+ community with the opportunity to gain in-demand skills, resume-worthy references, and connect with the Salesforce community for mentorship and networking opportunities. Salesforce will also create skills-based modules for employability for unskilled and semi-skilled transgender grantees in Tier 1, 2, and 3 cities. instructions, company etiquette, etc. Upon completion of the program, the Pride Circle Foundation will continue to support grantees through various programs such as RISE Job Fair, Road to RISE, and Offline Hiring. The program will follow a hybrid structure of virtual and in-person training.

News comments:

Sanket Atal, SVP & Managing Director – Sites, Salesforce India, said, “At Salesforce, we are committed to advancing equality at work and in society. But equality will always be a work in progress, and this partnership with the Pride Circle Foundation is real work that can have a measurable impact. We are delighted to partner with the Pride Circle Foundation to meet our growing need for top talent and at the same time build an inclusive ecosystem that creates new hiring pipelines and opportunities for India’s booming Salesforce ecosystem.

Srini Ramaswamy, Co-Founder, Pride Circle Foundation & Pride Circle, said, “At Pride Circle Foundation, our mission is to enable and empower the LGBTQIA+ community and support them with employability and entrepreneurship initiatives that will make them financially independent. This program will work in two unique ways: to raise awareness of LGBTQIA+ issues and challenges faced by the community in India, while providing participants with industry-relevant skills that will open up new job opportunities for the LGBTQIA+ community within India. Salesforce ecosystem. »




About Salesforce

Salesforce, the global leader in CRM, empowers businesses of all sizes and in all industries to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.



About the Pride Circle

India’s premier diversity and inclusion organization whose mission is to enable and empower LGBTQIA+ people and support organizations in promoting a culture of belonging. We partner with over 350 companies across India to provide executive leadership development, comprehensive diversity and inclusion training, outreach, consultation, industry roundtables, research and publications, internships and professional networking opportunities that create safe, inclusive and welcoming work environments. Visit: www.thepridecircle.com




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Bumble is synonymous with safety with its new initiative

In the digital age, the emergence and popularity of dating apps has changed the way people make meaningful connections online or make new friends. The pandemic has moved all of our lives onto the internet again as people searched for online connections amid physical isolation. However, with the increasing adoption and use of the Internet, issues such as body shaming, trolling and other types of online abuse, especially against women, have also increased, in especially since the start of the pandemic. In response to these safety concerns, Bumble is back with the “Stand for Safety” campaign, to raise awareness of digital safety and help its community to recognize and combat online hate and aggression.

This follows a recent nationwide survey of Indian adults conducted by Bumble India, which suggested that 50% of respondents had encountered hateful content online. Additionally, 1 in 4 women say they have witnessed negative comments about their physical appearance and abuse at least once a week. Additionally, 48% of people said facing hate and bullying online made it hard for them to trust others.

Thus, Bumble’s awareness initiative aims to empower its community in India to recognize, prevent and combat online abuse.“Stand for Safety” once again demonstrates Bumble’s commitment to helping create a safer, kinder, and more inclusive internet.. In partnership with the Center for Social Research (CSR), a non-profit organization and Nyaaya, an independent open-access digital resource, Bumble has released a safety manual to help raise awareness of digital safety and empower its community to recognize and challenge hate, bullying and discrimination online. People can access this handbook for simple, actionable information about their legal rights and how to exercise them when faced with online hate and discrimination.

“We are delighted to partner with the Center for Social Research and Nyaaya to create this one-of-a-kind safety manual to support our community and provide them with crucial information to recognize and address abuse, discrimination and harassment in line. Bumble is built on the core values ​​of kindness, respect, inclusiveness, and equality, and safety has been core to Bumble’s mission since day one. Our “Stand for Safety” initiative further demonstrates our deeper commitment to creating a world where all relationships are healthy and fair. commented Mahima Kaul, APAC Public Policy Manager at Bumble.

Adding to this, Jyoti Vadehra, Head of Media and Communications at the Center for Social Research, said, “We are pleased to have partnered with Bumble in India in their efforts to make the internet a safer and more user-friendly space. especially for women and other marginalized communities. . The creation of the Bumble Safety Handbook is an essential step in the right direction, and the goal is to give users agency and give them the right tools to boost their well-being, while navigating the online space. .

Bumble is committed to fostering a safe and inclusive online space and, given India’s socio-cultural and multilingual diversities, will endeavor to update its guidelines by adding more stop words in several Indian regional languages. On top of that, the app stands out from others in the space with its multiple security-focused product features. Users can block and report anyone who goes against Bumble’s Community Guidelines. Additionally, people can easily access the Safety + Wellbeing Center resource center within the app designed to help its community have a safe and healthy dating experience.

Bumble also pays attention to women’s need for intimacy with its specific geographical feature, especially for the Bumble community in India. It allows a woman to use only the first initial of her name to create her Bumble Date profile, and then share her full name with connections when she feels ready and comfortable. Private Detector, a feature that uses artificial intelligence (AI) to automatically detect and blur unsolicited nude images, allows Bumble users to detect and blur nude images. Bumble is also one of the first social networking apps to explicitly ban unsolicited and derogatory comments about a person’s appearance, shape, size, or health.

Thus, the “Stand for Safety” initiative should continue to make the internet safer and more inclusive while paving the way for other digital platforms to take similar steps and make online dating and networking a safe space.

This is a joint publication.

Read all the latest news, breaking news, watch the best videos and live TV here.

Capture expensive projects and build your career with EnGenius Academy

EnGenius Academy now offers a full suite of training and certification programs to help companies and individuals grow their businesses and careers.

COSTA MESA, Calif., June 28, 2022 /PRNewswire/ — EnGenius Technologies Inc., a multinational networking company known for providing future-proof enterprise networking solutions, announces the launch of EnGenius Academy offering specialized technology training networking through webinars and professional certifications, all for free.

“EnGenius Academy aims to help individuals or businesses take it to the next level by providing MSPs, resellers, system integrators and even end users with the knowledge and skills to quickly address technical support issues and address issues. projects of any size with confidence. With the Academy, users can always stay up to date with cutting-edge technologies and EnGenius products and solutions.”

EnGenius Academy Professional Certifications

In the ever-changing world of networking, EnGenius Academy bolsters your professional credentials with certifications covering basic and advanced information about networking technology, switching, and wireless solutions. Below you will find our in-depth and versatile training courses which culminate in an exam and an official certification upon successful completion:

  • EnGenius Certified Network Specialist (ECNS) – Essential knowledge and skills on EnGenius networking the solution.
  • EnGenius Certified Network Professional (ECNP) – Advanced certifying training specialized in network switching the solution.
  • EnGenius Certified Wireless Professional (ECWP) – Advanced certifying courses specializing in wireless the solution.

EnGenius Academy training webinars

EnGenius Academy webinars consist of a set of carefully curated presentations covering the most important networking topics: wireless technology, switches, phones, cloud management and on-premises solutions. Some of our most popular webinars have covered topics of great interest to IT professionals, such as the advent of Wi-Fi 6E, 24/7 security hotspots, multi-gig switches and remote network troubleshooting.

Specialized training once reserved for employees and partners is now open to anyone who wants to boost their career and grow their business. You can view published webinars or reserve a spot for upcoming webinars. Come explore our offerings and get in touch with us so you and your staff can start learning!

Getting started is easy. Simply create your account and dive directly at https://academy.engenius.ai/ or visit us at https://www.engeniustech.com/ (local RBU site).

About EnGenius

EnGenius Technologies is one of the world’s leading manufacturers of pioneering wireless and voice communications. For over 20 years, EnGenius has delivered best-in-class voice and data solutions that empower mobility, improve productivity and embrace simplicity. EnGenius prides itself on providing you with the best, most reliable, most feature-rich custom network solutions to ensure your business success.

Media Contact:
Emile Batchev
Bacheff Communications
+1 (949) 667 3645
[email protected]

SOURCEEnGenius Technologies Inc.

Refrigerator repair services highlight the benefits of hiring a reliable company

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Fridge Repair Services is a reliable and trustworthy company in Vaughan, ON. In a recent update, the company shared some benefits of hiring a reliable refrigerator repair company.

(Vaughan, ON, May 2022) In a recent website post, Fridge Repair Service highlighted some reasons to hire a reliable refrigerator repair service in Vaughan.

The team advised that when a client is looking for the best refrigerator services in the area, they should hire a licensed and insured company for top notch refrigerator repair services. They shared that a licensed and insured company knows how frustrating it can be to have a broken refrigerator. That’s why the team will quickly and efficiently fix a customer’s fridge. The team also have extensive knowledge of refrigerators and are always sure to assess the problem before starting work on it. This is to ensure that they fix it perfectly and in no time.

As with any Vaughan refrigerator repairer a customer hires, they should do their due diligence to verify their skills, experience, and testimonials from previous customers. Although it is easy to find many listings for maintenance specialists online, it is best to consider these factors. In this case, hiring a reliable repairman is the safest bet. With many positive testimonials, positive reviews and a good record of many years in the business, a customer can see how good the repairman is and what to expect from them. In addition, the team can repair your appliance with precision, whether your refrigerator is ten years old or brand new.

Reliable companies have a reputation to uphold. Therefore, they do everything to provide quality work at affordable rates to stay in their position. The Vaughan Refrigerator Repair Service team understands that sometimes there’s no one more important in life than the refrigerator. Thus, they walk the mile to deliver exceptional services.

About Refrigerator Repair Service

Fridge Repair Service is a refrigerator repair company in Vaughan, Ontario that has technicians with over three decades of experience. The team is dedicated to providing excellent customer service and fixing customers’ refrigerators in no time and hassle free.

Media Contact
Company Name: refrigerator repair service
Contact person: refrigerator repair service
E-mail: Send an email
Call: (289) 797-2872
Address:20 N Park Rd. Unit 1105
Town: Vaughan
State: ON
Country: Canada
Website: https://fridgerepairservice.ca/

Mattoon Area Group Bringing Small Businesses Together | Local

MATTOON — Entrepreneurs Mark and Pam King are new to social media, so they needed help developing the online presence of their relatively new business, Decals Plus Laser. They didn’t have to look far for help.

Mattoon’s Pam King said she turned to Get it Gone co-owner Chelsy Lorance of Oakland because they’re both grassroots members. Mattoon area business networking group. This group brings together small business owners to socialize, share information and hear from guest speakers on a variety of topics. Lorance, who is adept at social media, is one of the next guest speakers.

“It’s just a great group. Everyone is ready to help each other out. It’s been a real blessing for us,” King said.






Pam King, co-owner of Decals Plus Laser, stands and introduces her business at the Mattoon Area Business Networking Meeting on Monday, June 13 at the Elevate Entrepreneur Development Center at the Cross County Mall in Mattoon. Her husband, Mark King, co-owner of Decals Plus Laser, is seated to her left.


ROB STROUD, JG-TC


Melissa Harden, owner of Studio 21 Photography in Mattoon, founded the Mattoon Area Business Networking group in 2019. Now it has a name group page on Facebook with over 400 members.

Harden said learning from a Champaign-area business networking group inspired her to start a similar effort in the Mattoon area, starting with a variety of meeting times and locations. She said that about six months ago they established a schedule of regular meetings of 6 p.m. on the second Monday of each month at the Elevate Entrepreneur Development Center at Cross County Mall in Mattoon.

“I really wanted to network with other businesses and see how we can help each other, and that really took off,” Harden said. “We are like a support system for businesses in the Mattoon area.”

Harden, who coordinates the meetings with the help of local entrepreneur Kari Jones and Amy Patrick, said he hosted guest speakers on branding, finance, marketing, troubleshooting and many other business topics.







Guest speaker Carolyn Cloyd

Guest speaker Carolyn Cloyd, standing right, discusses volunteering and nonprofits at the Mattoon Area Business Networking Meeting on Monday, June 13 at the Elevate Entrepreneur Development Center at the Cross County Mall in Mattoon.


ROB STROUD, JG-TC


Guest presentations take place between a meal, $10 per person, and networking time at Elevate. Harden said the meetings are held in an informal, one-on-one setting that complements the longstanding business support services offered by the Mattoon Chamber of Commerce.

Get it Gone co-owner Ryan Hayden said he and Lorance recently joined the Mattoon Chamber, after becoming members of those in Charleston and Oakland, to spread their names to those who hadn’t seen them on Facebook. He said they used posts and videos, including one that garnered 30,000 views, to promote their aisle-friendly bin rentals, waste removal and home cleaning services.

Hayden said he was a seasoned hauler in the waste removal industry, but had no experience as an entrepreneur before starting Get it Gone. Hayden said he appreciated the information shared by the Mattoon Area Business Networking group, including how to evaluate a company‘s services so their prices can be affordable while still covering service costs.

King said she and her husband have added to the technology of their Decals Plus Laser gift personalization business since its launch five years ago, including acquiring a vinyl cutter, sublimation printer and laser engraver. They can place custom images and messages on vinyl decals and lettering, flags, signs, magnets, banners, mugs, doormats, key chains, signs and more.

Decals Plus Laser has been a member of Mattoon Area Business Networking since its inception. King said they enjoyed being able to meet other entrepreneurs in a relaxed setting, being able to ask the guest speakers questions and “actually get the answers,” and learning about Elevate’s support services.

“I just thought if we could come together with other businesses and we could network with each other, that’s a plus for all of us,” King said of joining.

Contact Rob Stroud at (217) 238-6861. Follow him on Twitter: @TheRobStroud

Location and Business Environment Drive Growth of NoVa Data Center Market

Digital Realty’s P building in Ashburn is among the multi-tenant data centers hosting different types of workloads. (Photo: Digital Realty)





























































































































































































































The Northern Virginia (NoVa) data center market is the largest in the world and its rapid growth has transformed the local real estate market. This launches our series of special reports on the Northern Virginia Data Center Market.

Get the full report.

Northern Virginia is the epicenter of digital infrastructure in North America and the preferred data center location for hyperscale operators seeking capacity to power cloud computing platforms and social networks.

The region is one of the greatest success stories of the internet economy, with the rapid growth of the data center industry transforming real estate markets and the local tax base.

The Northern Virginia data center market spans several cities in Loudoun, Prince William and Fairfax counties, and shows signs of expanding into adjacent counties. At the heart of the region’s geography and success is Ashburn, known as Data Center Alley for its concentration of critical facilities.

Ashburn sits atop the densest fiber optic network intersection in the world, making it an ideal location for storing and distributing data. It is unique in its connectivity and its data centers lay the physical foundations of the digital economy.

Northern Virginia continues to be the largest market for data center space in the United States and is home to 11.9 million square feet (SF) of ordered multi-tenant data center space, representing 1 920 megawatts (MW) of ordered power, according to market research by data centerHawk. The demand for space is very strong, as evidenced by the vacancy rate of only 1.28% in the region.

Northern Virginia has seen unprecedented levels of data center leasing, record valuations for land in Data Center Alley and an increase in land banks as developers seek to lock in space for future expansion in this region , which is also of strategic importance for corporate clients. as hyperscale players. NoVa continues to see demand for traditional colocation space for enterprises, content companies, IT integrators and government agencies.

The latest market growth figures are extraordinary, even by historical standards. Here are some data points:

According to datacenterHawk, 237 MW of ordered data center capacity was either absorbed or pre-leased to NoVa in the fourth quarter of 2021, easily surpassing the industry record of 115 MW for a full year – which was set in 2017 in Northern Virginia.

The volume of data center capacity in the planning phase in Northern Virginia reached 4,022 MW, or more than 4 gigawatts (GW). This is partly due to new players entering the market, but also includes major expansions by experienced players.

Northern Virginia

The Growing Northern Virginia Market

Northern Virginia is the largest data center market in the world. This extremely mature and well-connected area has its roots in the US government’s experiments with fiber optic wide area networks in the late 1960s. enterprise-friendly make NoVa the premier marketplace for data centers serving the region’s largest public and private enterprises.

More than 70 companies with annual revenues exceeding $500 million are headquartered in Virginia, with eight of Virginia’s nineteen Fortune 500 companies headquartered in the NoVa area.

NoVa is the home of the cloud for a number of the following reasons:

  1. Competitive colocation/cloud environment – Northern Virginia has the largest presence of colocation and cloud providers in the United States, creating a very competitive environment.
  2. Strategic location – The Northern Virginia market offers a strategic and profitable market for companies that need their data center in the Northeastern United States
  3. Relatively free from natural disasters – Other than occasional high winds and rain from hurricane remnants, the Northern Virginia market is generally very safe.
  4. Reasonable feed cost – Northern Virginia electricity costs are competitive among major colocation markets and are reasonable considering the total cost of occupancy for long-term needs.
  5. Business climate – Despite some economic challenges in Virginia over the past few years, businesses in the region continue to grow, creating data center requirements for the market.

Virginia’s economy is diverse, with both a strong manufacturing base (producing everything from flooring to rocket engines) and an information services sector. More than 70 companies with annual revenues exceeding $500 million are headquartered in Virginia, with eight of Virginia’s nineteen Fortune 500 companies headquartered in the Northern Virginia area. Since 2018, nearly $2 billion has been spent on land purchases for data center development in Northern Virginia.

While downtown Washington, DC has several smaller data centers, the bulk of data center investment occurs outside of downtown. Concentrations of colocation, cloud and enterprise data centers are located in several cities in the northwest corner of the market, including Ashburn, Sterling and Reston, VA.

The Ashburn area (a suburb north of Dulles Airport so dense it is commonly referred to as Data Center Alley) is dominated by a number of large data center providers. It is home to several large campuses owned and operated by Digital Realty, which is the largest provider in the market and positioned for long-term growth in the region. Digital Realty has developed two massive data center campuses, and in 2017 it acquired a third major campus with its acquisition of DuPont Fabros Technology.

Equinix is ​​also a key player in the Northern Virginia data center ecosystem, operating a key regional connectivity hub at its Data Center Alley campus. Equinix operates 14 data centers in the region and has secured land in the region to continue to expand.

About a mile to the southeast is Sterling, an area with a growing number of data center providers. Digital Realty, CyrusOne, Cyxtera and Stack Infrastructure are well positioned to compete in this space in the immediate future. Reston also continues to grow, with significant investments from CoreSite, Digital Realty and Equinix.

The strong demand for data center space in Northern Virginia, along with the dwindling supply of development plots, has led to the emergence of several regional submarkets beyond the heart of Data Center Alley in Ashburn. These include:

  • The Dulles Corridor of Cloudsa – The area surrounding Dulles Airport is the new frontier for data center development, housing campuses for Amazon Web Services, Google and Microsoft in Arcola. Digital Realty is planning its largest campus here, and AWS has aggressively acquired sites on all sides of Dulles Airport.
  • The Leesburg Cluster – A Google data center is the largest facility here, but it has a business in a Compass Datacenters campus. Microsoft and TA Realty are planning major projects in the region.
  • Prince William County – The Manassas area is becoming a focal point for developers looking for large properties for long-term growth. AWS operates multiple campuses in the region, and CloudHQ, Iron Mountain, QTS, STACK Infrastructure all have campuses. Corscale and Yondr Group are new entries with plans for large campuses near Manassas, while a group of owners have banded together to market the Prince William Digital Gateway, a controversial data center district that could support up to 21 million square feet of new data center development.

While requirements from government agencies have increased the demand for data centers in NoVa, the majority of the market is made up of other industries that find the market attractive. Aerospace, financial, managed hosting, technology and telecommunications companies have all claimed NoVa’s data centers. Colocation requirements in the NoVa market are generally greater than in most markets. This is due to the nature of the needs, as well as availability and competitive pricing in the market.

Download the full report, Northern Virginia Data Center Market, courtesy of Digital Realty, to learn more about this competitive data center market. In our next article, we will look at market history and major market updates.

LinkedIn and Home Depot founders tried and tried until they found success

Much of Thomas Edison’s life caught fire when his factory in West Orange, NJ, caught fire in 1914. As the fire raged, Edison’s 24-year-old son Charles frantically searched his father. He found him at last, gazing calmly into the fire, his face shining in the reflection, his white hair billowing in the wind.

Charles’ heart ached for his father. Edison was 67 at the time and everything was gone. When he saw his son, he shouted, “Charles, where is your mother? Then he said, “Find her. Bring her here. She will never see anything like this in her life.

The next morning, Edison looked at the ruins and said, “Disaster is of great value. All our mistakes are burned away. Thank God we can start over.”

Leaders always look for the positive, even in the worst of circumstances. This Edison story from Bits & Pieces magazine is a great example.

As daunting as it may seem, you can start over. It doesn’t have to be a fire, and it doesn’t have to be the start of a new year. Think about what you really want. Some things are hard to let go, to leave behind. But letting go doesn’t have to be the end of the world. Instead, think of it as an opportunity you can’t pass up.

Author Marsha Petrie Sue said, “Every day is a new beginning. Treat it that way. Walk away from what could have been and look at what can be.”

The world is full of people who have changed their lives or embarked on a new career and started over.

Reid Hoffman began his professional life in academia, but quickly caught the entrepreneurial bug. After working for Apple in the 90s and trying to set up a social network for the company, he created another social networking platform called SocialNet in 1997. After that company went bankrupt, he applied all knowledge to what has become the world’s premier career platform. network: LinkedIn.

Brad Pitt at one time drove chauffeured strippers to and from bachelor parties. He also worked as a furniture mover and dressed up as a giant chicken mascot for the restaurant chain El Pollo Loco. He enrolled in acting classes with the dream of a film career. Within seven months, he signed with an agent and is now one of the most famous and recognizable superstars in the world.

Pope Francis went from bouncer at a Buenos Aires nightclub and daytime janitor to pontiff (admittedly, with a few stops in between). But he proved that even unusual or nearly impossible big leaps are worth taking.

Tim and Nina Zagat’s husband-and-wife team behind popular restaurant surveys were corporate lawyers when they started printing their Zagot restaurant guides. The guides became so popular that the couple quit their already prestigious jobs.

Bernie Marcus was fired in 1978 as president of Handy Dan Home Improvement Centers. I learned while interviewing Marcus for my book “We Got Fired…and It’s the Best Thing That Ever Happened to Us” that the following year he and Arthur Blank decided to open a huge hardware store called Home Depot. Today, of course, Home Depot is the largest home improvement retailer, with over 2,300 stores.

From inauspicious beginnings to dreams come true, these stories are repeated every day around the world. There’s no reason the next big story shouldn’t be about you.

Mackay’s Morality: Starting over is the beginning of a new you.

Harvey Mackay is a businessman from Minneapolis. Contact him at 612-378-6202 or by email at [email protected]

Top 5 Reasons Customers Don’t Return

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Whatever you sell, whether it’s a product or a service, your customers expect it to do what it’s supposed to. If you’re selling a car, the car should work. If you are selling a service, the result must meet expectations. It’s table stakes.

So let’s assume that whatever your customers buy from you will meet their expectations. However, that’s not always the reason the customer buys from you in the first place, let alone come back to buy more. It’s the customer experience that drives this.

In our 2022 Achieving Customer Amazement study, more than 1,000 US consumers were asked, “How likely would you be to change companies or leave a brand after having one of the following poor customer service experiences? They were asked to rate several reasons using a scale ranging from “unlikely” to “very likely”. Here are the top five reasons customers would leave:

1. Rudeness or apathy of a company or brand employee — It was the number one reason, with 75%. What’s interesting is that in the late 1970s, a study was commissioned by the White House Office of Consumer Affairs, and the main reason customers left (over 70%) was the same . It’s hard to believe the numbers haven’t changed in 40 years, but it continues to be the number one reason customers don’t return.

2. Inconsistent information — There is no excuse for inconsistent information. Clearly, this is very frustrating for customers, with 72% saying it would make them find another place to do business. Have you ever called a company’s customer support number with a question and didn’t like the answer? If you really thought the answer was incorrect, you may have called back to ask someone else the same question, hoping for a different answer. And it’s amazing how many times you get a different answer.

3. Inability to connect with someone from customer support — Self-service or digital assistance is becoming increasingly popular. Customers learn that it’s often faster and easier to visit a website, read frequently asked questions, or interact with an AI-powered chatbot. However, there are times when you want to talk to a human. It should be an easy and seamless transition, but some companies hide behind a wall of digital support and make it difficult for a customer to connect with a live agent. Additionally, some companies bury their customer support number on their website, making it difficult, if not impossible, to find. This third reason customers leave stands at 71%, just four percentage points from reason #1.

4. A poor customer service experience — I think it would be at the top of the list, but at 68%, it takes fourth place. A bad customer service experience is exactly that. It’s just bad. But survey participants considered dealing with a rude or apathetic employee to be worse than an overall bad experience. My interpretation is that you might get a second chance after an overall bad experience. However, if customers are treated with disrespect (rudeness and apathy), you are more than likely not to see them again.

5. Inconsistent experience — You cannot be excellent one day, less excellent the next day, average another day, etc. Inconsistency erodes trust. Fifty-nine percent of the customers we surveyed would walk away if they didn’t know what to expect. Customers want a consistent and predictable experience. This gives them the assurance that they know what to expect every time they do business with you.

Looking at this list, you might think, “I knew it. Of course you did. You are a customer. You don’t want to deal with rude or apathetic employees. It bothers you to get inconsistent information, and it’s upsetting when you want to speak with someone from a company but can’t. You get frustrated when you have a bad customer service experience. And you are irritated by an inconsistent experience. Who wouldn’t?

5 things young entrepreneurs should do before starting a business

Depending on the type and size of your startup, you will need a substantial amount of money to pay for licenses, premises, etc.

Are you a young entrepreneur aspiring to start a business? Mentoring will play a vital role in making your entrepreneurial journey less bumpy. Meta CEO Mark Zuckerberg still thanks the late Apple co-founder Steve Jobs for his success.

He says Jobs invited him to his temple when his company faced challenges and helped him reconnect with his vision for the startup. Today, Meta is the 11th most valuable company in the world, with a market capitalization of approximately $562.19 billion. If you do not have a mentor, it is advisable to find one.

Here are five things young entrepreneurs should do before starting a business.

1. Know the market

It’s important to build a business based on something you’re passionate about. Starting a business based on your passion is great, say all the experts, but how sustainable and scalable is the idea?

You don’t want to waste time and money creating a product that won’t turn a profit. After all, you are in business for profits. The first thing to do is to understand your target audience and the competition. This data will help you set realistic goals and plan effective marketing strategies.

2. Raise enough funds

Financial difficulties can greatly affect the success of a business. Depending on the type and size of your startup, you will need a substantial amount of money to pay for licenses, premises, raw materials, infrastructure, and staff salaries.

There are several financing options you can explore: venture capital, angel investors, personal savings, gifts from family and friends, and loans. Some banks may deny you loans citing the risk of your business.

Fortunately, you can increase start-up capital through other alternatives such as car title loans. It is easy to get one provided you own a vehicle with positive equity. To research “securities lending near me” to explore the available options.

3. Look for a mentor

A mentor is someone with experience in the field you want to venture into and who guides you through the entrepreneurial journey. The relationship between you and your mentor should be mutually beneficial: you receive guidance and the mentor practices their leadership skills.

A business mentor will help you focus on your business vision and goals whenever you lose hope, run into difficulties, or think about quitting. It should be noted that a mentor is not a coach. A coach trains you for a short time and leaves, while a mentor stays and is always ready to help with or without compensation.

4. Have a solid plan

Starting a business does not happen overnight. It involves planning so that you can lay a good foundation and continue despite the difficulties of the initial phase. You may have enough capital for your business, an innovative idea, and all the support you need, but poor planning will cause the startup to fail. Create a comprehensive business plan outlining your value proposition, financial projections, sales and marketing strategy, and market insights.

5. Network

Networking helps you build a strong social network, exchange valuable information, find new opportunities, and build lasting relationships. You can’t stand alone if you are genuinely passionate about starting a successful business. Join social media groups related to your field, attend networking events, and connect with professionals in your field of interest.

Disclaimer: No Asian Age journalists were involved in the creation of this content. The group also declines all responsibility for this content.

End of

Ribbon Partner Program Receipt – GuruFocus.com

Provides flexible engagement models and market-centric cloud solutions for Channel

PLANO, TX, May 16, 2022 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real-time communications technology and optical IP networking solutions to many of the world’s largest service providers, enterprises and critical infrastructure operators to modernize and protect their networks, has announced today that its Partner Program has achieved a prestigious 5-star rating in the 2022 Partner Program Guide of CRN®a mark of The chain company.

“Our partners are the backbone of our business strategy – whether it’s protecting contact center deployments from denial of service attacks, enabling businesses to move from on-premises PBXs to Microsoft Teams and Zoom, or helping regulated industries migrate their legacy systems to the cloud, partners provide the people and local expertise needed to execute,” said david hogan, Vice President Growth Segments at Ribbon. “We’ve designed our program to support each partner’s business model with the margins, products, services, training, support and sales tools they need and we’re thrilled to earn this recognition again. “

Ribbon partners have access to its complete enterprise-focused offering walletwhich includes both Cloud and IP-optics solutions. From unified communications to private networks and data center interconnectivity, Ribbon supports businesses of all sizes as they evolve into digital environments for increased security, flexibility and efficiency.

CRN’s Partner Program Guide provides a definitive list of the most notable partner programs from leading technology vendors that deliver innovative products and flexible services through the IT channel. The 5-star rating is only achieved by select vendors who deliver the best of the best, going beyond their partner programs to help drive growth and positive change.

“CRN’s Partner Program Guide explores the strengths of each organization’s Partner Program to honor those who consistently support and promote good change within the IT channel,” said Blaine Reddon, CEO of The Channel Company. “As innovation fuels the speed and complexity of today’s technology, solution providers are looking for partners who can keep up with and help their growing business.”

About the ribbon
Ribbon Communications (Nasdaq: RBBN) provides communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We are deeply committed to our customers, helping them modernize their networks to improve their competitive positioning and business results in today’s intelligent, always-on, data-hungry world. Our portfolio of innovative, end-to-end solutions deliver unparalleled scalability, performance, and agility, including core-to-edge software solutions, cloud-native offerings, industry-leading security and analytics tools, and IP and optical network solutions for 5G. . We remain attentive to our commitments in terms of the environment, society and governance (ESG), by offering an annual report on sustainable development to our stakeholders. To learn more about the ribbon, please visit rbbn.com.

Important Information Regarding Forward-Looking Statements
The information in this press release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits of using Ribbon Communication’s products, are forward-looking statements. Ribbon Communications’ actual results may differ materially from those contemplated by the forward-looking statements. For additional information about the risks and uncertainties associated with Ribbon Communications’ business, please see the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statement represents the views of Ribbon Communications only as of the date such statement is made and should not be relied upon to represent the views of Ribbon Communications as of any subsequent date. Although Ribbon Communications may choose to update forward-looking statements at any time, Ribbon Communications expressly disclaims any obligation to do so.

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SOURCE Ribbon Communications Inc.

LandOpt Opens Annual Entrepreneur Training Event

PITTSBURGH, June 24, 2022 (GLOBE NEWSWIRE) — For the first time, LandOpt, which helps independent landscape contractors nationwide increase their profitability, cash flow and revenue, is inviting a limited number of non-members to participate in part of its annual training event.

To be held in Nashville on August 1 and 2 Business & Grill brings together some of the best entrepreneurs in the industry for hands-on learning and peer-to-peer networking. It stands at the award-winning Greathouse Company, one of the nation’s leading landscaping companies. A limited number of entries are available for qualified contractors.

“Landscape contractors are presented with many exciting opportunities, while facing a growing list of challenges,” said Jim Westover, president of LandOpt. “As part of our commitment to the industry, we have decided to make two days of our event available to non-members.”

The program, designed to help entrepreneurs improve their profitability, will include workshops on organizational structure, increasing sales, staffing and creating a culture of accountability. Sessions will include a tour of Greathouse facilities, as well as social and networking opportunities.

On Monday night, the conversation turns from business at the barbecue to dinner at Peg Leg Porker, renowned for its award-winning smoked meats. Attendees can enjoy a private event on the restaurant’s rooftop bar which offers views of the city.

“For entrepreneurs who are serious about growing their business, this is a unique opportunity to learn from some of the most successful companies in the industry,” Westover said. “It’s also a great way to explore the benefits of LandOpt membership.”

Registration is $500. LandOpt has negotiated a reduced rate at a nearby hotel. Visit https://www.landopt.com/businessandbbq/ for more details and to submit an entry request.

About LandOpt

Founded in 2004, LandOpt works with independent landscape contractors across the United States, helping them increase productivity, profitability, cash flow and revenue. The LandOpt system covers all areas of a green industry business, including sales, marketing, operations, human resources and business management. Onsite and remote coaching ensures that LandOpt entrepreneurs achieve their financial goals. To learn more, visit: www.landopt.com.

Contact:
Ritter Communications, Brad Ritter
[email protected]
740.815.1892

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ebd78aef-d443-4e68-a669-78773662c489

Tech giant GDI opens New Orleans office to support $136 million Navy contract

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General Dynamics Information Technology (GDIT), a business unit of General Dynamics, officially opened its new New Orleans office Thursday at the University of New Orleans’ “The Beach” research and technology park.

The office will support 50 new jobs, and the company expects additional positions to be added as work continues on the U.S. Navy Enterprise Service Desk, a four-year, $136 million contract to modernize and consolidate services. existing IT operations. The Navy Enterprise Service Desk will be staffed in the company‘s offices in New Orleans and Bossier City, Louisiana, where teams will apply the latest advancements in artificial intelligence, machine learning, analytics predictive and natural language processing to Navy global operations.

“The opening of this mission-critical GDI facility in New Orleans is part of Louisiana’s long and storied history of supporting the U.S. military,” Governor John Bel Edwards said. “The decision to locate on the University of New Orleans campus demonstrates the important role higher education partnerships play in supporting the growth of the technology sector in our state. On behalf of the State of Louisiana, congratulations to the GDIT, the UN, and the state, regional, and local partners who have worked together to make this project a reality.

Louisiana Secretary of Economic Development Don Pierson joined Brian Sheridan, Senior Vice President of Defense for GDIT, and Greater New Orleans Inc. President and CEO Michael Hecht for the beach at the ceremony inauguration of the United Nations.

“New Orleans has served as a strategic hub for the naval community for more than 50 years,” Sheridan said. “We see a great opportunity to continue our support of the Navy’s mission and to increase our footprint and impact in the region. Our community investment will also strengthen our partnership with the University of New Orleans to drive innovation.

With its flagship location in Bossier City, GIT’s New Orleans office is the company’s fifth in Louisiana, where it serves some of the nation’s most critical mission needs in the digital sphere. GDI’s new office is designed to foster collaboration between the company, local businesses, small businesses and academia to provide the training and education needed to support a growing IT workforce in New -Orleans. The company will provide internship opportunities and mentorship programs for students, supporting the tech talent pool.

“GDT has been a leading innovator in technology and computing for many years, and we are excited about their regional expansion to The Beach at UNO,” said UN President John Nicklow. . “UNO is committed to supporting GIT with a strong labor pool of our talented students to mentor the company’s current expansion, as well as future growth.”

“The creation of this General Dynamics office is an outstanding example of the synergy between higher education and industry in the Greater New Orleans area,” said Michael Hecht, President and CEO of Greater New Orleans, Inc. “This announcement will ensure that the UN can continue to guide students into high-demand jobs while establishing a direct physical connection between the U.S. Navy and GDIT, allowing the company to grow and prosper in Louisiana. Additionally, it gives The Beach at UNO the opportunity to develop unique programming to help GIT thrive in their space.

Global Banking as a Service Market: Ken Research

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BaaS Market is an end-to-end model that allows digital banks and other third parties to connect directly to banks’ systems via APIs so they can build banking offerings on top of providers’ measured infrastructure , as well as unlock open banking. opportunity, reshaping the international financial services landscape.

According to the report analysis, “Global Banking-as-a-Service (BaaS) Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)” indicates SolarisBank, RailsBank, Fidor Bank, Lecca Financeira, BBVA, ClearBank, BMP Money Plus, Starling Bank and many more are the leading companies currently working in the global banking as a service (BaaS) market with more than proficiency to record the great market share value, leading the highest market growth, generating the great market share value, gaining the competitive advantage, continuing to maintain the government position and rule the world over by analyzing the strategies and policies of the government as well as competitors, implementing the policies of profitability and expansion strategies, establishing several research and development programs, improving nt the qualitative and quantitative measures thereof, augmenting features and benefits of Global Bank as a Service (BaaS) Market, spreading awareness of the applications and benefits of Bank as a Service (BaaS) and lowering the associated prices.

Rapid digital transformation, growing presence of innovative new players, and existence of application programming interfaces (APIs) are some of the major factors propelling the growth of the BaaS market.

For more details @ https://www.kenresearch.com/technology-and-telecom/it-and-ites/banking-service-market/343997-105.html

The growth of the BaaS market is mainly limited by the high cost of implementing this technology for the different banking entities. The cost is much higher for smaller banks that already lack the resources and capital to adopt new technology. For a fully BaaS technology, the bank should invest in active IT software and hardware, especially cloud services that can streamline BaaS operations without any hassle. Cloud service is also known as infrastructure as a service (IaaS). Integrated finance refers to a seamless transition from financial services to traditionally non-financial services, which allows customers to access financial services within a set of third-party applications and services.

Request sample report @ https://www.kenresearch.com/sample-report.php?Frmdetails=MzQzOTk3

The requirement for integrated finance increases with a business from a wide variety of industries and differentiated expertise involving, e-commerce and traditional retailers, telecommunications, IT and software companies, operations and logistics, automotive, insurance providers and social media giants are focused on retaining customers while increasing their full lifetime value.

Visit @ https://www.kenresearch.com/technology-and-telecom/it-and-ites/banking-service-market/343997-105.html
The Middle East and Africa, South America and Asia-Pacific which are growing regions are facing a large technological and digital gap within the BFSI industry. The level of awareness of small and medium financial institutions is moderately very low in regions like India and others in Asia. The network infrastructure is not very efficient to smoothly manage a banking service as a service (BaaS) in a remotely located BFSI. North America is expected to record the banking as a service (BaaS) market during the forecast period owing to its strong dominance in the digitized banking market across the globe.

For more information on the research report, refer to the link below:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/banking-service-market/343997-105.html

Related reports: –

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/mobile-antivirus-market/567566-105.html

https://www.kenresearch.com/technology-and-telecom/it-and-ites/bus-validator-market/567816-105.html

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Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies. We provide business intelligence services and operational advice in over 300 verticals highlighting disruptive technologies, emerging business models with analysis of precedents and success case studies. Some of the best consulting firms and market leaders seek our intelligence to identify new revenue streams, customer/vendor paradigm and pain points and competitive due diligence.

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Urgent warning issued to Australian Instagram users following alarming scam

A Brisbane mother has revealed how cybercriminals stole $24,000 from her loyal followers after hacking into her social media accounts.

Anna Van Dijk runs the popular online store “Lunchbox Mini” where she sells a variety of lunch boxes, water bottles, coffee mugs and cooler bags.

In February, his Instagram account was targeted by cybercriminals who stole thousands of his loyal followers using a fake bitcoin scheme.

In just seven days, fraudsters defrauded a dozen Australian mums out of $24,000 as Ms Van Dijk desperately tried to regain control of her account.

Anna Van Dijk (pictured) runs popular online store ‘Lunchbox Mini’ where she sells a variety of lunch boxes, water bottles, coffee mugs and cooler bags

Scammers told Ms Van Dijk followers they could make $7,000 in just two hours if they invested $1,000 (pictured, a message the scammers sent to a victim)

Scammers told Ms Van Dijk followers they could make $7,000 in just two hours if they invested $1,000 (pictured, a message the scammers sent to a victim)

She explained that the hackers posed as members of the Meta group, which owns Instagram and Facebook, and sent her an email informing her that one of her Instagram posts had been flagged for copyright issues.

The email said she had 24 to 48 hours to click the button to “dispute” the claims before her account was disabled or deleted forever.

Two minutes after clicking the button, the Brisbane mum received an email telling her that her Instagram password and email had been changed.

“It’s been seven long days for me,” Ms Van Dijk told Daily Mail Australia.

“I knew that every day people were losing money.”

Scammers tricked mothers into investing in fake bitcoin schemes, telling women they could earn $7,000 in two hours if they invested $1,000.

In February, the Brisbane mother-of-two's Instagram account was targeted by cybercriminals who stole thousands of her loyal followers using a fake bitcoin scheme

In February, the Brisbane mother-of-two’s Instagram account was targeted by cybercriminals who stole thousands of her loyal followers using a fake bitcoin scheme

At least a dozen mums who followed the Lunchbox Mini account were duped into

At least a dozen mums who followed the Lunchbox Mini account were tricked into ‘investing’ $1,000 of their hard-earned savings, one of whom was pregnant with her third child

They went out of their way to falsify bank and business statements bearing Ms Van Dijk’s name to try to prove the scheme was legitimate.

At least a dozen mothers were tricked into “investing” $1,000 of their hard-earned savings, one of whom was pregnant with her third child.

She told the scammers, whom she believed to be Mrs Van Dijk, that the extra money could mean her hard-working husband could spend more time with the baby.

The scammers, while posing as the mother of two, told the woman they “swear on my children’s lives” that she would see a return on her investments.

Once the mothers had transferred an initial amount of $1,000, they were asked to spend an additional $7,000 to access the money.

The scammers guaranteed that they would receive $30,000 if they invested $7,000, with the majority of mothers at this point smelling a rat and backing out.

However, one woman lost a total of $8,000 – money she had borrowed from family members – and none of the victims have yet gotten their money back.

Ms Van Dijk said she spent three hours

Ms Van Dijk said she spent three “heartbreaking” hours assessing the damage on her Instagram page and sent a personal voicemail to apologize to the victims.

Scammers tricked mothers into investing in fake bitcoin schemes, telling women they could earn $7,000 in two hours if they invested $1,000

Scammers tricked mothers into investing in fake bitcoin schemes, telling women they could earn $7,000 in two hours if they invested $1,000

Ms Van Dijk said she spent three “heartbreaking” hours assessing the damage on her Instagram page and sent a personal voicemail to apologize to the victims.

Some of the women had blocked her after realizing their money never came back with a scam that cost the business owner hundreds of subscribers.

She learned about the scam dominating her Instagram page through messages sent to Facebook and her website.

TOP EXPERT TIPS TO AVOID BEING HACKED:

1. Create a human firewall by educating yourself and your employees.

2. Protect passwords by using multi-factor authentication and regularly updating passwords.

3. Limit exposures by logging into a secure account rather than connecting to public Wi-Fi.

4. Prepare by having a backup account ready and knowing what will be needed to recover your account.

5. Pay cyber protection insurance.

6. Update business policies and procedures to prevent and recover from suspicious behavior.

The majority were from women who had invested money and wanted updates on returns, or worried husbands wanting to confirm it was legit.

On February 18, Ms Van Dijk took to her Instagram Stories to announce that she had regained control of her account, a video which she said was “etched in her mind”.

She apologized to her followers for having to endure endless bitcoin spamming and said it had been “the hardest thing” knowing they had been contacted.

The Brisbane mother said she was only able to regain control of her account after reaching out to a family friend with an Instagram contact.

She uses authenticator apps on her phone that require a six-digit number to log into her Instagram account from another device.

Van Dijk believes her small business has been targeted by cybercriminals because of its highly engaged and loyal customer base.

“Instagram rewards you and puts you forward if you have a high level of engagement on your account,” she explained.

“And these moms trusted me.”

It comes as experts warn that small businesses on social media continue to be an easy target for scammers with cyberattacks on the rise.

Business Australia chief product officer Phil Parisis said he has seen an increase in the number of accounts being infiltrated by hackers to scam their customers.

“Many small businesses rely on Instagram, Facebook and Twitter for much of their marketing or to stay in touch with their customers – and cybercriminals increasingly see it as an easy target,” he said. .

Business Australia chief product officer Phil Parisis (pictured) said he had seen an increase in the number of accounts being infiltrated by hackers to scam their customers.

Business Australia chief product officer Phil Parisis (pictured) said he had seen an increase in the number of accounts being infiltrated by hackers to scam their customers.

“One click is enough to lose everything.”

Australians lost more than $8million to social media scams last month, nearly four times what was lost in the same period of the previous record year.

There was also a 40% spike in the number of reported attacks.

Last July, the Australian Cyber ​​Security Center (ACSC) reported a 60% increase in ransomware attacks against Australian entities.

In September, the ACSC estimated that organizations and individuals had paid $33 billion over the past year either to hackers or in costs associated with attacks.

John Abi-Habib to be honored by the Bay Ridge Center for his career in community service

For decades, John Abi-Habib has made significant contributions to civic affairs in Bay Ridge, and on Saturday, June 25, he will be recognized for his work in the neighborhood.

The Bay Ridge Center, which provides services and programs for neighborhood seniors, will hold its annual Summer Celebration of Giving event in the backyard of the Lutheran Elementary School, 440 Ovington Ave., and honor Abi-Habib for his career on duty.

Abi-Habib is New Jersey’s honorary consul in Lebanon and the owner of MSI Net Inc., a software, communications and networking company, in Bay Ridge. He also held many other prominent positions within the district.

He was a board member of the Bay Ridge Federal Credit Union, an ambassador for the Guild for Exceptional Children, a board member and secretary of the Fifth Avenue Board of Trade in Bay Ridge, co-founder of the Fifth Avenue Business Improvement District , and board member and co-founder of the 86th BID in Bay Ridge.

He has dedicated the past 25 years to encouraging community groups to become more involved in civic, community and political affairs and events.

John Abi-Habib receiving a plaque during an appearance on Lebanese MTV program Soufaraa Al Arez honoring his achievements.

“I try to help the community and the Bay Ridge Center, which I’ve been involved with for over 20 years,” he told this newspaper. “It’s always a good cause to give back to, especially helping the elderly. We have done a lot of programs in the past.

“Spending time helping him has been nice. Good to see that they [the seniors] have the energy, have a place to go and see how they can engage instead of staying home all day,” he added.

Abi-Habib also said that during the event, the Bay Ridge Center will announce its move to a new location and its vision for the community. He helped them with the move, which is expected to take place this fall.

This is not the first time that Abi-Habib has been honored by neighborhood organizations he has helped for decades.

Some of the awards he has received include the Distinguished Community Service Award from the Guild for Exceptional Children, the Community Service Award from Community for Kids, the 2015 Man of the Year Award from the Visitation Academy, the 2012 Ragamuffin Parade Man of the Year. , Fort Hamilton U.S. Army Garrison Service Member Award, Bay Ridge Community Council Certificate of Achievement, Maimonides Medical Center Award and more.

“I will have my family and friends there to support me during the ceremony,” he commented.

The event will also include live music from Whippoorwill, food, drink, raffles and a silent auction. For tickets, visit bayridgecenter.com.

Reedy Industries acquires Vorpagel Service, Inc. from

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DEERFIELD, Ill., June 21, 2022 (GLOBE NEWSWIRE) — Reedy Industries, a leader in commercial and industrial HVAC, plumbing and building control services, has acquired Vorpagel Service, Inc., a leading commercial HVAC contractor in Burlington, WI. With this acquisition, Reedy Industries expands its service offerings and presence in Wisconsin, remaining focused on serving the needs of customers in the commercial, industrial, healthcare, education, municipal, government and residences for the elderly.

Vorpagel has been providing sales, service and repair of HVAC systems and control systems to local businesses since 1976. “This is an exciting opportunity for our employees and our customers,” says Eric Vorpagel, who joined the company in 1983 and took over as CEO in 1999. “We were looking for a partner who shared our values, put our people and customers first, and provided the resources we needed to help customers solve their most complex.” Vorpagel will expand and complement the services provided in Wisconsin by Just Mechanical, which Reedy Industries acquired in 2019.

“Eric Vorpagel and his team pride themselves on providing expert, responsive, and reliable service to the businesses that depend on them to build, manage, and maintain energy-efficient, cost-effective, and secure environments,” said Joe Kirmser, CEO of Reedy Industries. . “We are proud to welcome the entire Vorpagel team to our family of companies. Employees will benefit from more opportunities for career growth, training and advanced technology support. Customers will continue to be supported by the same teams they rely on and will benefit from access to Reedy’s expert resources, best practices and supply chain.”

Vorpagel Service, Inc. is Reedy Industries’ nineteenth acquisition since 2019. Reedy Industries serves critical environments in commercial and industrial markets with a focus on HVAC, plumbing and building control services and solutions. Reedy Industries is actively expanding the services it provides in the building envelope and is doing so through both organic growth and acquisitions. Reedy Industries was founded in 1930 and is headquartered in Deerfield, IL, just outside of Chicago. For more information, visit www.reedyindustries.com.

MEDIA CONTACT:
CJ Folden, Reedy Industries
Phone: 630-781-5542
Email: [email protected]

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Review VMware SASE Platform Components

When people think of virtualization and computing, most of them also think of VMware. So it’s no surprise that networking professionals considering virtualizing their networks include VMware on their list of vendors.

VMware has assembled a broad Secure Access Service Edge (SASE) offering that ticks all the right boxes. Does this make VMware the SASE answer to enterprise networking and security challenges? Let’s find out.

What is SASE?

As we have seen in previous articles, SASE represents the convergence of networking and security capabilities. Ideally, it is delivered as a native cloud service instead of using common IT edge devices.

Although SASE encompasses a dozen security features, the emphasis is less on a feature-by-feature comparison and more on reducing complexity through integration. This integration enables IT to deliver consistent, accurate, and high-performance security and connectivity to users around the world with minimal administration and overhead.

It’s that last part that’s so important – minimal administration and overhead. The functionality provided by SASE providers is not new. We’ve long had firewalls, cloud access security brokers (CASBs), and the rest of the bunch. What is the novelty is the convergence of these technologies in a global service architecture, provided by the cloud. These changes are a revolutionary approach to how SASE connects and secures the enterprise.

VMware SASE Platform Components

vmware Documentation describes the VMware SASE Platform as a cloud-native platform that combines cloud networking and cloud security “to deliver flexibility, agility, protection, and scalability to businesses of all sizes.” The company says it is unique in the way its points of presence (PoPs) act as an on-ramp to SaaS and other cloud services.

Several VMware products make up the VMware SASE platform. To connect to VMware SASE, sites run VMware Software-Defined WAN (SD-WAN) devices; remote users connect through VMware Workspace ONE. VMware claims that both options are compliant with Zero Trust Network Access (ZTNA) principles.

The VMware SASE PoP strategy includes the following components:

  • VMware Secure Access allows ZTNA-based access.
  • VMware SD-WAN Gateway provides cloud access. VMware says more than 3,000 cloud gateways are available at hundreds of points of presence around the world.
  • VMware Cloud Web Security integrates Secure Web Gateway (SWG), CASB, Data Loss Prevention (DLP), URL Filtering, and Remote Browser Isolation (RBI).
  • VMware NSX Cloud Firewall provides next-generation firewall (NGFW), intrusion prevention systems and intrusion detection systems.

In addition to VMware SASE Platform, the vendor offers VMware Edge Network Intelligence, which uses AI for IT operations to provide end-to-end visibility from WAN to branch and LAN.

Explore the VMware SASE platform architecture.

VMware analysis

As with Palo Alto Networks’ SASE, the VMware SASE platform seems to tick the right boxes required to be a SASE platform. Yes, it has SD-WAN and is Secure Access compliant with ZTNA. It also offers NGFW, SWG, CASB, DLP, and RBI. Enterprise gateways are an important asset for bringing SD-WAN traffic closer to an organization’s cloud instances.

However, VMware’s SASE offering feels rushed to market, a set of discrete products bundled under a SASE brand. SD-WAN comes from the acquisition of VeloCloud; manage mobile access from AirWatch; and security from Carbon Black and Menlo Security. Cloud-hosted components are point services chained together. Each product requires its own management portal.

VMware’s SASE offering feels rushed to market, a set of discrete products bundled under a SASE brand.

The PoPs touted by VMware are very different from what we’ve seen from Cato Networks or Aryaka, where PoPs include a global private backbone that could replace an organization’s WAN. To replace a WAN with VMware, companies must rely on a third-party backbone provider, which introduces even more complexity. Not all VMware PoPs offer the same set of SASE features either, which adds even more complexity to the network.

In short, SASE from VMware brings much of the complexity and cost that has long plagued the buying approach that has complicated IT.

Lots of features but not a lot of SASE

VMware SASE certainly provides many features. And if companies were previously happy with discrete appliances, they will be familiar with the appliance-centric approach offered by VMware.

Companies expecting something new may be disappointed. VMware is more like custom product integration than a single SASE platform, and the degree of integration is key.

SASE innovation has never been about defining new capabilities; it was always promised that through tight integration of capabilities and their migration to the cloud, IT would evolve. Unfortunately, this promise is still missing in VMware SASE.

SnapSave upgrades its Facebook video downloader

Developers of Innovative Social Media Tool SnapSave Announce Upgrade of Their All-Inclusive Facebook Video Downloader to Include More Features and Functionality

SnapSave has once again shown its relentlessness in ensuring social media users have the best experience, with the upgrade of their facebook video downloader. The tool is designed to allow users to easily download videos from Facebook without paying exorbitant amounts for software applications. The recent update of the user-friendly online tool will further improve the user experience, offering the best of both worlds to all categories of users.

The social media space has undoubtedly exploded over the years, with multiple platforms emerging to meet the growing and diverse needs of users. The likes of Facebook have transcended their traditional use to become a source of information for millions of people around the world. Reports suggest that over 2.9 billion people use Facebook each month, making it the largest social networking site in the world. Despite the growing popularity of Facebook, users still find it difficult to save videos seen on the site, even with the plethora of video downloaders flooding the market. Therefore, SnapSave seeks to save the day with the Facebook video downloader and the constant updating of its online tool.

Facebook SnapSave downloader is designed to allow users to save videos in multiple formats, including Full HD, 2K and 4K, from posts/watch, live videos, videos in public/private groups. Its click and save feature along with the versatility that allows users to upload videos in private or closed groups and Facebook Story Video sets SnapSave apart from similar tools.

SnapSave offers multi-device compatibility, allowing mobile phone, PC and tablet users running on different operating systems including Android and iOS to download videos in 3 easy steps without software installation or registration.

For more information on ease of use facebook video downloader and other revolutionary online social media tools from SnapSave, visit – https://snapsave.app. SnapSave also has a growing online community on social media, including Facebook, Twitter, and LinkedIn.

About SnapSave

SnapSave is a technology company that was founded to provide innovative tools to improve users’ experience of the Internet and social media. Based in Singapore, the company offers tools that will ease the process of accessing content across different online platforms.

Media Contact
Company Name: SnapSave
Contact person: Miguel Magri
E-mail: Send an email
Call: +65 6293 5900
Address:168 Robinson Road
Town: Singapore 068912
Country: Singapore
Website: snapsave.app

Are oil service companies a buy?

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Last week we presented a bearish case for the energy sector assuming that oil and gas stocks could be in danger of overheating. Energy is the 4th most expensive sector according to Shiller’s P/E, and also looks overvalued against gold prices.

It’s a sentiment that has also gained momentum on Wall Street.

Energy traders are confident that this oil market will remain tight given the near-term supply outlook from OPEC+ and the US, but it has been rising steadily. Exhaustion could set in,Ed Moya, senior market analyst at Oanda, warned.

The concern is [high inflation] could be a forward-looking indicator of consumption patterns, and even if gasoline demand is strong right now, it’s a sign in the future that if gasoline prices don’t stabilize, then consumers will reduce“Price Futures analyst Phil Flynn told CNBC when discussing record high gasoline prices.

Luckily, there are still great deals to be had in space, with, Ovintiv Inc.(NYSE: OVV), Civitas Resources, Inc. (NYSE: CIVI), Enerplus Corporation (NYSE:ERF)(TSX:ERF), Western Oil Company (NYSE:OXY) and Canadian Natural Resources Limited (NYSE:CNQ) being among the cheapest energy stocks.

That said, investors may want to know how the current rise in oil prices compares to the rise in 2014, when prices hit $100 a barrel for the very first time.

The chart below compares the current oil and gas highs (blue dots) with the 2014 highs, which are set as a 100% benchmark.

According to the chart, the broader energy sector S&P Energy Select Sector Index (IXE)

is trading just below 2014 levels. However, its two main constituents, ExxonMobil Inc (NYSE:XOM) and Chevron Corp. (NYSE:CVX), represent approximately 23% and 20% of the IXE by weighting, respectively, are trading at par with (Exxon) or above (Chevron) 2014 levels.

However, Oil services, MLP, oil and gas producers, and Half-way are all trading at considerable discounts from their 2014 highs. Oil services appear to be the most undervalued, with the sector trading at a massive over 70% discount from the 2014 high.

Source: Nasdaq

Oil Field Recovery

SFO stocks were already flying high long before the Ukraine crisis.

The change has been most evident in the job market, with OFS companies hiring again.

OFS companies reported that drilling and well completion activity, as well as prices, rose slightly, while thugs also say they are seeing an increase in job vacancies. Oilfield workers were among the demographics hardest hit by the Covid-19 pandemic in 2020. Nationally, the oil and gas industry is believed to have lost 107,000 jobs according to global consultancy Deloitte, with an estimated 200,000 thugs losing their jobs at the height of the global lockdowns.

According to the trade group Energy Workforce & Technology Council (Council), jobs in America’s oilfields have increased over the past year.

Prices should follow soon. Pricing power is returning to niches such as high-spec land-based drilling rigs, with daily rates for these US rigs having already seen an increase of $1,000 per day with more to come.

Halliburton, Schlumberger and Baker Hughes became the first OFS victims of the Ukraine crisis due to their size and brand recognition. However, Rystad Energy’s head of energy services research, Audun Martinsen, told the Financial Times that their smaller counterparts could continue to operate under the radar as they do not directly exploit or export oil and resources. natural.

Here are three OFS stocks to keep on your radar amid the last great US oil boom.

Halliburton Co.

Market cap: $33.9 billion

Cumulative returns since the beginning of the year: 40.5%

One of the largest oil service companies, based in Texas Halliburton Company (NYSE: HAL) provides products and services to the energy industry worldwide, including well completion drilling and appraisal services.

Halliburton provides various production solutions in the areas of exploration, drilling, production software and data management services to upstream oil companies through its Landmark Software and Services product line. In addition, the company’s Testing & Subsea and Project Management product line specializes in reservoir optimization and related technologies. Thailand PTT Exploration and Production and Kuwait Oil Company are among notable oil and gas companies that have awarded Halliburton contracts to implement digital transformation and improve the efficiency and production of their oilfields.

Halliburton is among the international OFS companies that have been caught in the Russian-Ukrainian crossfire. In April, Halliburton announced that she had immediately suspended future activities in Russia and terminate its remaining activities there. Previously, the company halted all shipments of sanctioned parts and specific products to Russia, although the company says it has no active joint ventures in the country.

Fortunately, HAL is not as heavily exposed to the Russian market, with JPMorgan believing that it derives only 2% of its income from the country.

HAL has an average recommendation from Strong Buy analysts. However, its average price target of $31.84 suggests that many analysts believe the stock has limited upside after a torrid rally.

NOV inc.

Market cap: $7.2 billion

Cumulative returns since the beginning of the year: 18.4%

Based in Texas NOV inc. (NYSE: NOV) is a leading global supplier of equipment and components used in oil and gas drilling and production operations, oilfield services and supply chain integration services for the upstream oil and gas industry. NOV was formerly known as National Oilwell Varco.

Wall Street has deteriorated on NOV lately, thanks to valuation and supply chain issues.

Related: US construction sector buoyed by commercial projects

Bank of America issued a double downgrade for NOV stock to underperform the buy with a price target of $22 (up 28.7%).

Russia will only create a tighter global supply chain that could delay the margin recovery story that was central to our bullish thesis. We’re not 100% sure that developments in Russia don’t make sourcing materials like aluminum, copper, nickel and steel more problematic for a company that was already struggling with its supply chain. supply and material cost inflation,” BofA’s Chase Mulvehill wrote.

Citi analyst Scott Gruber downgraded NOV and Cactus (NYSE:WHD) to hold, citing recent outperformance and supply chain challenges. However, the 43.7% gain over 52 weeks of NOV seems relatively moderate compared to the 85.1% of WHD.

Meanwhile, Gruber improved Nabors (NYSE:NBR) to hold, as global exposure and improving drill rate killed its free cash flow thesis.

Precision Drilling Corp.

Market cap: $1.0 billion

Cumulative returns since the beginning of the year: 80.5%

precision drilling company (NYSE: PDS) is a Canada-based company, which provides contract drilling, completions and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international websites.

BMO Capital Markets has distributed upgrades to a number of Canadian oil service companies, including Precision Drilling Corporation, CES Energy Solutions Corp. (OTCPK: CESDEF), Pason Systems Inc. (OTCPK:PSYTF), and Secure Energy Services Inc. (OTCPK:SECYF) as drilling activity intensifies.

“We believe the sector is poised to reach multi-year levels of activity, while prices continue to rise,” he added. John Gibson, an analyst at BMO Capital Markets, wrote in a note to clients titled “Glory Days Ahead, but Expect Volatility to Continue.”

Gibson says Precision, CES and Pason each have high market share in North America, leverage to increase business levels and strong free cash flow generation capabilities.

Another key attraction: low leverage.

Precision Drilling is aggressively repaying its debt and says its debt reduction plans will continue with the goal of repaying more than $400 million of debt over the next four years and achieving a sustained net debt to adjusted EBITDA ratio of less than 1.5x. Precision succeeded in reducing total debt by $115 million in 2021 and, by 2025, expects to have reduced debt by more than $1 billion since 2018.

But it won’t come at the expense of shareholders: Precision also says it plans to allocate 10-20% of free cash flow before debt principal payments to return capital to shareholders.

By Alex Kimani for Oilprice.com

More reading on Oilprice.com:

Facebook’s plan to copy TikTok and change the feed is a horrible idea

It’s no secret that Facebook, with Mark Zuckerberg at the helm, has long been on the lookout for rival products capable of undermining its social media dominance. Simply put, if people are chatting or sharing media content, Facebook desperately wants that to happen under its own umbrella.

This overarching strategy became evident when the company bought Instagram for $1 billion in 2012. Although the purchase at the time was widely derided, it quickly became apparent that it was a decision without brilliant shame on Facebook’s part. A few years later, Facebook handed out $16 billion to the messaging service WhatsApp.

The impetus for both acquisitions was simple: people were spending more and more time other social networking apps. Naturally, Mark Zuckerberg viewed this as a threat.

Facebook’s most dangerous rival yet

These days, Facebook faces a new, arguably more powerful rival: TikTok. The popular video service, currently the most visited website in the world, is a paradise for influencers, celebrities, brands and, of course, individuals around the world.

With people spending more time sharing and consuming videos on TikTok, Facebook is concerned that people are spending less time on its apps. Equally concerning, from Facebook’s perspective, is that users may abandon Facebook altogether.

There is, after all, only so much time in the day. Simply put, users don’t have time to be active on all social media platforms.

The solution? Copy TikTok

Therefore, Facebook is looking to tackle TikTok head-on. Rather than acquiring TikTok outright, Facebook will instead seek to emulate many of its core features. This, of course, is just normal given Facebook’s willingness to generously borrow popular features from other apps.

For example, Instagram Stories and Instagram Reels are basically carbon copies of existing features pulled from Snapchat and TikTok, respectively.

However, with TikTok emerging as an ever-dominant force in the social media and social media space, Facebook is ready to step on the accelerator. In a leaked memo obtained by The edgecompany executives laid out a plan to prioritize posts that could drive engagement over posts from people people actually follow.

The edge Remarks:

Here’s how the future Facebook app will work in practice: the main tab will become a mix of stories and reels at the top, followed by posts recommended by its discovery engine on Facebook and Instagram. It will be a more visual and video experience with clearer prompts to message your friends.

Indeed, Facebook will try to emulate TikTok’s For You page, a discovery engine that expertly distributes videos while keeping consumers engaged for hours on end.

Facebook’s risky strategy

The business strategy behind Facebook’s approach makes sense on a superficial level. However, it has the potential to destroy what made Facebook popular in the first place – the real connections between friends, family and acquaintances.

Facebook is a place where people go to share updates, photos and videos with their social network. Restructuring the app so that people interact more strongly with people and creators they have no connection to seems short-sighted and, in my opinion, will only serve to drive more people away.

Facebook’s approach also misses a key element, which is that TikTok itself isn’t necessarily a social network. While Instagram and WhatsApp users regularly interact with people they know, the reverse is true for TikTok.

Of course, users can send TikTok videos and participate in chats on the side. However, the main focus of the app is for users to watch engaging content from creators around the world.

The inherent advantage of TikTok

At this point, Blake Chandlee, a former Facebooker who is now President of TikTok’s Global Business Solutions, recently explained that TikTok is more of an entertainment platform than a social network.

“Facebook is a social platform,” Chandlee said in an interview. with CNBC. “They built all their algorithms based on the social graph. This is their main skill. Ours is not. We are an entertainment platform. The difference is significant. It’s a huge difference.

Chandlee is there. One of the reasons TikTok works so well is precisely because it doesn’t work like a social network. TikTok is not a place where I can keep tabs on everything my friends are doing on the app. It’s a place where I can see what interesting people are doing around the world.

Is it now possible that users are using Facebook differently and the company is simply reacting to the changing tide? Certainly. Especially because video is such an important part of how people spend time on Facebook, Mark Zuckerberg and co. can simply look at a change that is already underway. However, that doesn’t make TikTok’s copycat plan any more feasible.

Personally, I think Facebook may be flirting with danger here. One of the reasons the app is so “sticky” is because of the personal and social connections that can’t be found elsewhere. Where else, after all, am I going to follow an old college friend I haven’t seen in years?

If Facebook becomes more of a haven for viral videos, that’s great. But then it’s no different than TikTok and even more consumable.

Pressure from Wall Street

The reality is that Facebook is unfortunately a slave to Wall Street. Remember that analysts are constantly analyzing metrics related to user growth and how long users spend on the site. As a result, even in fiscal quarters where Facebook generates impressive earnings and strong earnings growth, investors will hammer the stock if the aforementioned user metrics don’t progress enough.

In turn, Facebook now finds itself pushed to its limits. Now he must actually try to copy TikTok but risks alienating users in the process.

This tweet from a few months ago sums up Facebook’s predicament perfectly.

By design, Facebook tries to foster and enhance real-world connections. That’s why the company pushes groups so aggressively. The company tries to be everything to everyone. But the reality is that it’s just not a viable long-term solution.

Business is on the breakfast menu for city traders

BUSINESS owners gathered for the Ashburton Chamber of Commerce networking breakfast at Coljan, a local cafe owned by Nathan and Michelle Siddle.

After the isolation caused by Covid, the Chamber of Commerce could see how important it was to reconnect local businesses, especially new businesses that have recently joined the city. The event was therefore open to everyone, not just members, and was free to attend.

It was hoped that the Networking Breakfast would provide vital links between different sectors; bring together and engage businesses with new suppliers and provide a forum to share ideas.

Nigel Ward, President of the Ashburton Chamber of Commerce, said: “It was a great success.

“Altogether about 30 people attended and many of them were new faces to our regular meetings which was great to see.

“There was a lot of talking, everyone was very relaxed and really enjoyed being able to get together and talk in person rather than through a screen!

“Many important connections were made and we saw people come from a wide variety of sectors – retail, hospitality, beauty as well as online businesses such as web designers who have no facade. physical. It was a great way for them to feel part of the business community.

Ashburton’s newly appointed Mayor Philip Vogel also gave a short speech introducing himself to business owners and discussing his plans for the coming year.

It was a good opportunity for business to ask questions/raise concerns with him/and ideas.

This was the first in a planned calendar of networking events including morning breakfast sessions as well as evening sessions.

Anyone interested in getting involved in a future event keep an eye on the Chamber of Commerce social media on Facebook and on Instagram using the @totallyashburton tag

Minim joins forces with Best In Cl

Third Partnership in Retail Expansion Strategy Strengthens Company’s Reach in Home Goods Stores

MANCHESTER, NH, May 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Minim, Inc. (MINM), the maker of smart networking products under the Motorola brand, today announces its partnership with Best In Class Suppliers, an industry leading retail management group based in Bentonville in the United States. Minim will work directly with best-in-class vendors to expand the presence of Motorola network products to more than 5,800 potential home product outlets across the country. Today’s announcement marks Minim’s third new partnership this year as part of its continued retail expansion.

“As we continue to grow the company‘s retail presence, we are very pleased to join the incredibly reputable network of best-in-class vendors,” said Jeff Rodning, National Director of Retail Sales for Minim. “We’re thrilled to leverage their expertise to find quality products on the shelves of the nation’s most popular home goods stores.”

Together, Minim and Best In Class vendors will work to expand the placement of Motorola networking products in the mesh, cable modem and gateway categories. Potential products include: the Motorola MT8733, a powerful DOCSIS 3.1 modem-router combo, WiFi 6; the Motorola MH7600 series, an accessible and advanced WiFi 6 mesh system; and the Motorola MG8725, one of the brand’s most capable cable modem/router combos. These Motorola network devices also feature the motosync app, powered by Minim.

“There couldn’t have been a better time to work with Minim on expanding their retail footprint in stores across the country,” said Angie Bailey, CEO of Best In Class Suppliers. “The continued growth of the mesh router segment has had a significant impact on our retail customers, so we’re excited to share what Minim has to offer.”

Further developing Minim’s recent retail partnerships with USI Sales in the office retail segment and Summit Growth Partners in the home improvement segment, the company will begin to extend Motorola networking hardware to the retail network. Best In Class Suppliers in the coming months. For more information on Best In Class suppliers, please visit bestinclasssuppliers.com. For more information about Minim, visit www.minim.com.

About Minim

Minim, Inc., (MINM) was born in 1977 as a networking company and now offers smart software to protect and improve the WiFi connections we depend on for work, learning and life. Minim’s cloud platform powers intuitive apps and a variety of routers, helping customers take control of their connected experience and privacy. Based in Manchester, NH, Minim holds the exclusive worldwide license to design and manufacture consumer networking products under the Motorola brand. To learn more, visit www.minim.com.

MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.

About Best In Class Suppliers, Inc.

Best In Class Suppliers (aka bics) is a 360° sales team of retail experts who are dedicated to helping manufacturers navigate through all the processes and challenges of working with leading retailers in across the United States of America. We offer a wide variety of services and exceptional support at all stages of the business lifecycle. Our mission is that WE help YOU become a premier supplier to grow your retail business. To learn more, visit bestinclasssuppliers.com

Media Contact:

Scott Harvin at (843) 693-0298 or [email protected]

Contact with Investor Relations:

James Carbonara, Hayden IR at (646) 755-7412 or [email protected]

About Motorola’s strategic brand partnerships

For more than 90 years, the Motorola brand has been known worldwide for its high quality, innovative and reliable products. Motorola’s Brand Strategic Partner Program aims to leverage the power of this iconic brand by partnering with dynamic companies that deliver unique, high-quality products that enrich consumers’ lives. The brand’s strategic partners work closely with Motorola engineers during the development and manufacture of their products, ensuring that their products meet the rigorous standards of safety, quality and reliability that consumers have come to expect. Motorola. To learn more about strategic partnerships with Motorola brands, follow us @ShopMotorola.

Forward-looking statements

This press release contains “forward-looking statements”, within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to Minim’s plans, expectations and intentions. Actual results could differ materially from expectations due to known and unknown risks, including: risks associated with Minim’s potential failure to realize the anticipated benefits of the merger acquisition of Zoom Connectivity, Inc.; the potential increase in tariffs on the company’s imports; potential supply disruptions related to manufacturing of the Company’s products in Vietnam; risks related to global shortages of semiconductors; potential changes in NAFTA; the potential need for additional financing that Minim may not be able to obtain; decline in demand for some of Minim’s products; delays, unforeseen costs, interruptions or other uncertainties associated with Minim’s production and shipment; Minim’s dependence on several key outsourcing partners; the uncertainty of major customer plans and orders; risks related to product certifications; Minim’s dependence on key employees; the uncertainty of new product development, including certification and overall project delays, budget overruns; the risk that newly introduced products contain undetected errors or defects or fail to perform as intended; senior management costs and distractions due to patent matters; risks related to a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; and other risks set forth in Minim’s filings with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date made. Minim expressly disclaims any obligation or undertaking to post updates or revisions to these statements to reflect any change in Minim’s expectations or any change in events, conditions or circumstances on which any such statement is based.

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What are premium cost drugs? How he sells cheaper drugs

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  • shark tank famous investor Marc Cuban recently launched a new pharmaceutical company that provides affordable drugs to uninsured Americans, as well as those who may be underinsured.
  • The service, called Mark Cuban Cost Plus Drug Companyhas continuously added generic drugs to its medical storefront.
  • Currently, over 700 different types of prescription drugs are available to treat a myriad of conditions and symptoms.
  • Cuban has started a larger conversation about the medical industry via social media, where many fans and current customers are talking about how this company can disrupt America’s healthcare system.

    Having earned a reputation as a business mogul over the past decade and more, shark tankit is Marc Cuban caused a stir in the healthcare industry, which surprised many fans of the series, while being equally thrilled to see it.

    A longtime owner of the Dallas Mavericks, Cuban has certainly branched out into almost every industry imaginable as an investor (both on-screen and off!). But industry analysts were surprised to learn that Cuba unveiled its fully realized project Mark Cuban Cost Plus Drug Company (MCCPDC) in January 2022, because it’s a business model that reverses the current model of the pharmaceutical industry – and ends up offering a service that could help Americans save significantly on necessary treatments.

    Cuban recently appeared on PBS news weekend program to explain the concept evolved from a former nonprofit and how the business works, which he says is an “opportunity” to disrupt the prescription drug industry.

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    “Our approach at Cost Plus Drugs – that is, we’ll show you our actual cost, mark it up 15%, add $3 pharmacy processing fee and $5 shipping, and that’s is all you pay for – that simplification and transparency has really had an impact,” Cuban told PBS’s Geoff Bennett.

    And many of the new brand’s first customers have taken to social media to share this new approach to selling drugs that is actually helping them.

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    “I just received a three month supply for two of my prescriptions with delivery for a total of $20,” said one Twitter user. recently shared. “With the insurance co-pay, I was paying $200 for [a three-month’s supply] before.”

    “My mom’s monthly prescription is only $14, down from $270 before,” another tweeted. There are hundreds of similar Tweets directly shared on Mark Cuban’s account, where the shark tank the investor shared more about why he started CostPlus Drugs in the first place.

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    Of course, Cost Plus drugs from Cuba are far of perfect – there are valid criticisms of how the prescription drug dispenser does not accept any form of insurance, which means some Americans may still be better off using their full coverage at a conventional pharmacy, such as indicated at the beginning Forbes cover. But more importantly, Cost Plus Drugs faced some challenges in this area. it is limited in the number of generic prescription drugs it can currently offer. Read below to learn more about how Cost Plus Drugs works for customers and what types of drugs you can find at an affordable price.

    What types of medications are available at Cost Plus Drugs?

    At launch, Cost Plus carried about 100 drugs, all of which are generic in nature and not brand names that patients may be familiar with. Reviewers noted that the offerings were extremely limited compared to traditional pharmacies and even digital services like GoodRx. But the Cuban service periodically adds new low-cost generic drugs to its list and have shared they “continuously” add new options as they become available.

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    According to its website, Cost Plus currently stocks more than 700 generic drugs manufactured by its network of suppliers, designed to provide treatment for a myriad of chronic diseases – from diabetes to multiple forms of cancer, from hypertension and high cholesterol, and even complications stemming from arthritis to allergies. Cost Plus maintains a comprehensive list of the conditions they serve as well as a searchable database for generic versions of brand name medications you are currently taking.

    According ForbesInitial review of Cuba’s drug service, prices of prescription drugs sold by Cost Plus were often 10 times lower than traditional offerings; a particular topic of discussion was imatinib, a drug for the treatment of leukemia, which typically retails for $9,657 for a month’s supply but is available through Cost Plus for just $47 per month.

    How is Cost Plus able to offer drugs at these prices? It depends on the Cuban pharmaceutical brand not relying on insurance plans and so-called pharmaceutical benefit managers to determine a supply chain, and therefore its prices.

    Extensive analysis published by MedPageToday suggests that certain medications may end up costing an individual more than Cost Plus if they have low health insurance deductibles or reach those deductibles quickly at the start of the year. If someone has a chronic condition that requires frequent clinic visits, for example, a low-deductible health plan could soon begin to cover 100% of prescription drug costs.

    Those who are uninsured will certainly find these drugs less expensive – as well as patients who have high deductibles that are not respected and who