text stringlengths 65 123k | url stringlengths 25 420 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 01:00:57 2022-09-19 04:34:04 |
|---|---|---|
NEW YORK, May 11, 2022 /PRNewswire/ -- AiTA Bio, a New York-based bio-MEMS company, today announced it has secured $8.5 million in Series A funding led by Hammerstone Capital, BlackPoint Partners, SkyView Investment Advisors, and others.
AiTA is developing an integrated Micro-Electro-Mechanical Systems (MEMS) augmented biology platform in partnership with a leading Fortune 100 Global MEMS Foundry.
Founder of Hammerstone Capital, Joshua Deckard, said: "It's been incredible watching AiTA grow, execute, and deliver on the vision they presented to me nearly two years ago. They are one of the smartest, most ambitious teams I've worked with in what is truly one of the most exciting pieces of technology that I've ever encountered. It has been remarkable to see them take on an incredibly difficult problem and go from an idea on the back of a napkin to now planning out production volumes with a Fortune 100 Foundry. The platform has the potential to fundamentally change the lives of millions of individuals who battle daily with the deadliest and costliest medical conditions we face as a society and in the healthcare system broadly. I'm excited to continue to help great teams like AiTA go head-on at these problems."
Founder & CEO, Jacob Menture, said: "We have been incredibly fortunate to have formed a team that defines hard work, fortitude, ingenuity, and a hyper-focus on attention-to-detail to build this company, technology, and product the right way. The human body is still operating on Windows 98 relative to the increasingly complex viral complexes globally. The drug delivery space still relies on antiquated enabling technologies and manufacturing methods. We believe the time is now to elevate our own operating systems at a fundamental level. Smaller, more precise, and more physiologically equivalent systems must be integrated into how we treat, diagnose, and care for society's most vulnerable. Traditional manufacturing methods are inadequate and simply cannot provide the level of integration, sensing, and precision that MEMS can achieve which has been so critically valuable and transformative for companies like Apple and Tesla, who would not exist today without it.
Now is the time to elevate our own physiology starting with a real push towards at-scale, commercial, and accessible augmented biology for people at daily risk from life-threatening autoimmune disorders, aggressive cancers, addiction, and pain management. Precision dosing and integrated multi-analyte sensing are the first steps toward creating the control loops necessary to effectively diagnose, treat, and ultimately upgrade our own biological operating system. We know the responsibility we've been entrusted with by our partners, and we are thankful for the painstaking amount of effort from our team that has allowed us to advance this far. We're looking forward to showing the world that we can, we must, and we will do better for the millions of people, including our own loved ones, who cannot afford to wait any longer for this technology to be brought to life."
Contact:
Neal Marcus
neal@aitabio.com
View original content:
SOURCE AiTA Bio Inc | https://www.whsv.com/prnewswire/2022/05/12/innovative-drug-delivery-company-partners-with-fortune-100-global-foundry-next-generation-artificial-pancreas/ | 2022-05-12T05:54:56Z |
LONDON, May 12, 2022 /PRNewswire/ -- London based fashion brand self-portrait has today unveiled a series of teaser images from its latest campaign starring Irina Shayk who returns after her debut for the brand last year.
Captured by photographer Carlijn Jacobs in New York, Irina wears pieces from self-portrait's Autumn/Winter 2022 Pre-Collection.
The campaign continues the visual narrative of capturing and celebrating the different sides to the self-portrait woman. The full Autumn/Winter Pre-Collection campaign, showing an evolution of Irina's character, will be revealed later this month.
Han Chong said:
"I wanted to shift our campaign into something that felt really strong, powerful and clean to represent the joy and confidence associated with our brand and to celebrate the spirit at the heart of this new collection. Irina is the perfect woman for us - she has so much character and personality, and is able to show the different sides of the self-portrait woman so effortlessly. I'm so pleased to work with her and that our creative relationship continues to evolve."
Irina Shayk said:
"I loved working with self-portrait - a brand that celebrates women and loves to make them feel their best. Working with them really feels like family."
The self-portrait Autumn/Winter 2022 Pre-Collection introduces a refined approach to dressing in the springtime. Clean silhouettes are the focus with voluminous lace detailing and figure-hugging knitwear styles offered in a palette of pastels, vivid hues and more muted tones.
The launch of the campaign coincides with the arrival of the brand's Autumn/Winter 2022 Pre-Collection online and in stores. The collection is available to purchase immediately at self-portrait.com, in self-portrait stores around the world, including the brand's flagship store in London, and across its global network of partner retailers.
Established in London in 2013 by Han Chong, self-portrait has become synonymous with empowering the modern woman through functional dressing for day and night. The brand is also strongly committed to supporting creative British talent through a number of initiatives including a scholarship program with Central Saint Martins.
NOTES TO EDITORS
ABOUT THE CAMPAIGN
- Creative Director: Han Chong
- Photographer: Carlijn Jacobs
- Stylist: Katie Burnett
- Makeup: Sam Visser
- Hair: Mustafa Yanaz
- Art Director: Lina Kutsovskaya for Be Good Studios
CELEBRATING THE AUTUMN/WINTER 2022 PRE-COLLECTION
- Fabrics: Bouclé, grid cotton broderie, mixed cotton broderie, organic cotton poplin, cotton denim, guipure lace, lily cotton guipure lace, cotton lace, recycled polyester chiffon, bonded crepe, stretch crepe, thin jersey, thick jersey, light, viscose knit, ribbed viscose knit, power mesh, taffeta, viscose
- Colours: lime, bright green, light green, mint, sea green, green, dark green, teal, navy, blue, bright Blue, light Blue, orange, pink, light pink, lilac, slate, silver, taupe, ivory, white, black
HAN CHONG ON THE AUTUMN/WINTER 2022 PRE-COLLECTION
"When I was designing this collection, I was thinking a lot about the joys of springtime when I knew the pieces would be delivering in stores. I wanted to create a happy, grown up collection that focused on clean silhouettes and strong bold colours. Our key shapes are contemporised with a feminine lens, and new shapes are introduced including eveningwear in full length knitwear and mini dresses in a vibrant happy-making palette."
ABOUT HAN CHONG
- Born in Penang, Malaysia, Han studied Fashion Design at Central Saint Martins in London
- Fuelled by his own training at Central Saint Martins, Han is committed to supporting the next generation of creative talent and in 2018, established a five-year scholarship program with Central Saint Martins offering financial backing for five students to complete their MA degree as well as offering mentorship on navigating the realities of operating a fashion business
ABOUT SELF-PORTRAIT
- Established in the UK in 2013 by Han Chong, self-portrait is a modern fashion house based in London which has become synonymous with modern occasionwear for day and night and prides itself on its deep understanding of structure and materials
- self-portrait is dedicated to reducing its environmental impact by using responsibly sourced fibres and in 2019 started to introduce organic cotton and recycled chiffon and polyester across its collections. In 2020, the brand introduced recycled viscose
- self-portrait is available online at self-portrait-studio.com and in stores globally including its flagships in London, Bangkok, Beijing, Shanghai, Chengdu, Shenzhen and Taipei. self-portrait is also sold through a network of select retailers around the world
ABOUT SP COLLECTION
- In December 2021, Han Chong announced the foundation of SP Collection
- The new holding company established by Han acquired the luxury brand Roland Mouret, which joins self-portrait in the newly established group that has been set up to discover, nurture, and develop best in class creativity and design
Photo 1: https://mma.prnewswire.com/media/1816551/Self_Portrait_Irina_Shayk__1.jpg
Photo 2: https://mma.prnewswire.com/media/1816552/Self_Portrait_Irina_Shayk__2.jpg
Photo 3: https://mma.prnewswire.com/media/1816553/Self_Portrait_Irina_Shayk__3.jpg
View original content to download multimedia:
SOURCE self-portrait | https://www.whsv.com/prnewswire/2022/05/12/irina-shayk-returns-self-portraits-latest-ad-campaign/ | 2022-05-12T05:55:03Z |
TAIPEI, May 12, 2022 /PRNewswire/ -- Breaking grounds and settling for nothing more than the best by being the first. Lootex has just made more headway in getting larger recognition in the space of the metaverse. This past week, Lootex was invited to help curate the journey through art and fashion with OneOffs at the Breeze Center in Fuxing Taipei. Simply yet deftly labeled, "Fashion in the Metaverse" collected some of the most prominent NFT collections as well as physical art. A breath of newness is being created as the world moves forward in its understanding of the metaverse and what it means to the various artists' creations. Lootex, filled with accomplishment as the adoption and integration of NFT artwork and GameFi is gaining more traction throughout Asia.
Store Preview:https://lootex.io/stores/lootex-fashion-in-the-metaverse
The collaboration with Lootex and OneOffs is a step in the right direction for the first metaverse NFT fashion show in Taiwan. The co-curation of "Fashion in The Metaverse,'' has collected artists from The Sandbox Foundation: An An, TongYangChicken, Nest, Beryll Chen, Carina Chen, and game art designer Nora C. These talented artists were invited to design: a futuristic sci-fi fashion catwalk with the avatars created in The Sandbox's VoxEdit. Each avatar is casted into a limited-edition NFT and put on the Lootex website for sale. The exclusivity of each avatar will only enhance the collector's experience in the ever-growing metaverse. It is still to be given a date but buyers of these avatars can expect some cool perks that will allow them to show off not just the art in the real world but also flex their stylistic choices in the metaverse.
Recap of Lootex Metaverse Fashion Event: View Here
The latest collaboration extends the existing partnership between Lootex and The Sandbox, which started in2018. This is part of a broader partnership between Lootex and The Sandbox that also adds The Sandbox Co-Founder Sebastien Borget as an advisor and investor of Lootex. The CEO and Co-Founder of Lootex, Justine Lu, is the organizer of the Global Blockchain Game Alliance, also co-hosted the VoxEdit NFT creation event and Game Jam game design competitions for The Sandbox. Lootex is proud to be a long-term partner with The Sandbox, and expects to see more game developers and creators utilizing The Sandbox to make the next generation of metaverse assets and games," Lu said. The support from such a huge contributor to the future of the metaverse and its assets makes it clear that Lootex is on the path to not just being pioneers in their field but a major player in NFT marketplaces.
Beyond The Sandbox, Lootex's player-centric, cross-chain NFT trading platform is constantly updated to reflect the latest developments in blockchain games. The creativity interwoven with both physical and virtual worlds is the reason Lootex is on its way to being the one-stop-shop that can't be denied. Providing their 80,000 active users with a decentralized multi-chain NFT marketplace, Lootex will surely open the path to more impressive projects. Coupled with the appreciation for the artists that are showcasing their amazing works, we would not be surprised to see more collaborations of this caliber.
About Lootex
Lootex is a player-centric, cross-chain NFT trading platform that shares the latest blockchain game info. It is devoted to building a gamer-centric game asset marketplace where anyone can easily browse and trade game assets across multiple blockchains.
For the latest updates and announcements, follow Lootex on these channels:
Website: www.lootex.io
Twitter: www.twitter.com/LootexIO
Telegram (EN): www.t.me/lootexIO
Telegram (CN): www.t.me/lootex
Medium: www.medium.com/lootex
Discord: https://discord.com/invite/lootexio
Facebook: www.facebook.com/lootex.io
Media contact: pr@lootex.io
View original content to download multimedia:
SOURCE Lootex | https://www.whsv.com/prnewswire/2022/05/12/lootex-makes-headway-blockchain-space-co-curates-first-metaverse-fashion-show-asia/ | 2022-05-12T05:55:09Z |
The studio will enable global organizations to accelerate their digital transformation journeys with RISE with SAP and SAP Business Technology Platform
MUMBAI, India, May 11, 2022 /PRNewswire/ -- Larsen & Toubro Infotech Ltd. (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, launched its LTI Innovation Studio for SAP Business Technology Platform at the 2022 SAP® Sapphire® conference. The LTI Innovation Studio for SAP Business Technology Platform helps global organizations accelerate their transformation journeys with the RISE with SAP solution and SAP Business Technology Platform (SAP BTP). The studio helps businesses realize the vision of an intelligent enterprise and enables them to amplify value from their digital core investments.
LTI Innovation Studio for SAP Business Technology Platform powers digital transformation with ready-to-deploy industry leading digital apps, microservices and a migration cockpit. It is a set of services and tools that can improve operations by automating business processes, making them smarter, easier to use, and more efficient by utilizing key components of SAP BTP like SAP HANA®, the SAP Analytics Cloud solution, AI, machine learning, enterprise integration APIs and the UX extensibility tools. As organizations advance toward their digital native operating model, it becomes paramount to have rapid digital innovations, connected to the digital core in a clean, composable architecture. LTI Innovation Studio for SAP Business Technology Platform enables such innovation with a curated collection of design-thinking methods, engineering tools and prebuilt industry reference models.
Vineet Moroney, Executive Vice President & Global Head of SAP Practice at LTI, said, "The post-pandemic world has made it critical for every business to operate like a digital native business. Many enterprises have made significant investments in SAP solutions and are now looking to accelerate their digital transformation journeys on top of such investments. LTI has an extraordinary record of innovating with SAP solutions. LTI Innovation Studio for SAP Business Technology Platform is our latest investment that allows businesses to accelerate their digital native transformation."
Marc Rolfe, Senior Vice President, and Head of Strategic Partners at SAP said, "LTI is a global strategic SAP partner that brings a rich heritage of SAP software-enabled and industry-centric innovations. LTI Innovation Studio for SAP Business Technology Platform in combination with LTI's portfolio of service offerings for the RISE with SAP solution will help accelerate an organization's journey to becoming an intelligent enterprise while driving business value with digital innovations built on SAP BTP."
LTI solutions built on SAP BTP are already helping many global organizations harness their unique competitive advantage. For example, LTI has partnered with a multi-national industrial conglomerate to reimagine its business across 63 entities by deploying seven digital innovations built on SAP BTP. By combining its deep industry expertise and advanced digital engineering, LTI used SAP BTP to create several SAP-certified, award-winning industry cloud solutions that are now available to organizations worldwide through the SAP Store. These solutions span multiple industries, such as engineering and construction, manufacturing, life sciences and others. For example, Paychain is an application developed for the construction industry that can streamline the vendor, contractor and subcontractor payment process which has traditionally been a manual, error-prone administrative process. Additionally, LTI also recently achieved certification for T-cell therapy and Controlled Drug Compliance solutions for the life sciences industry.
About LTI:
LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 485 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 45,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees, and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.
Connect with LTI:
Read More:
- LTI Wins 2020 SAP Pinnacle Award as the Industry Innovation Partner of the Year
- LTI to Launch Accelerated Migration Program for SAP-Based Enterprises with Amazon Web Services
View original content:
SOURCE LTI | https://www.whsv.com/prnewswire/2022/05/12/lti-innovation-studio-sap-business-technology-platform-launched-sap-sapphire/ | 2022-05-12T05:55:22Z |
ENGLEWOOD, Colo., May 11, 2022 /PRNewswire/ -- Earlier this week, Parsonex Capital Partners ("Parsonex") announced it has broken ground on its second Qualified Opportunity Zone ("QOZ"), a multi-family development project located in Grand Junction, Colorado.
The project, known as Brookwillow Estates, is being co-developed by Senergy Builders in the Brookwillow Village neighborhood. Senergy Builders is a Grand Junction and Western Slope-focused, RESNET Energy Smart Builder. Brookwillow Estates, which officially became "shovel ready" in first quarter 2022, is an infill project that will comprise 36 ENERGY STAR® rated condominium units.
The future location of Brookwillow Estates is less than a mile from the first completed Parsonex QOZ development project, Sundance Townhomes, which was also co-developed by Senergy Builders. Brookwillow Estates will provide individually deeded condo units to help fill the housing market's current inventory gap. This gap was recently highlighted in the Bray Report published by Bray Real Estate which indicated, with only 222 active listings as of February 2022, Grand Junction has a low supply of housing. Grand Junction's inventory shortage, combined with a high demand for rentals, makes the city an attractive location for both home builders and new rental units.
Parsonex CEO and president, Jonathan Miller, stated that, "Grand Junction has recently been coined, 'The New West' due to the number of residents flocking to the area. Given its prime location between the Rocky Mountains and Moab Desert, Grand Junction is a highly desirable place to live, and there is a strong demand for three-bedroom rentals."
Overall living expenses in Grand Junction are a third less than in Denver. With a Denver median home cost that is approximately 70% more than the median home cost in Grand Junction, housing is the primary driver of the cost-of-living difference between the two cities. However, expenses across the board are significantly higher for those living in Denver, based on an analysis by BestPlaces2.
"The Grand Junction market continues to be strong and has attractive investment opportunities due to the recent diversification of its employment base," said Fred Adams, chief investment officer of Parsonex. "Its lifestyle affordability, nearby agriculture and outdoor recreation attract a wide range of people to the area." In 2021, The Wall Street Journal and Realtor.com included Grand Junction as #39 on its Emerging Housing Markets Index3, a ranking of housing markets expected to provide both a strong return on investment and a nice place to live.
According to Miller, "At Parsonex, we are excited and eager to continue our partnership with Senergy Builders and the City of Grand Junction. Our commitment to making a positive social impact through responsible QOZ development is stronger than ever."
About Parsonex Capital Partners
Parsonex Capital Partners, headquartered in Englewood, Colorado, is a private fund sponsor, with a focus on real estate development, qualified opportunity zones and special situations. The firm's leadership believes that, when done correctly, QOZs provide a compelling opportunity to directly improve the economic condition of underserved communities while also offering tax benefits to investors. Parsonex strives to unlock the tax-savings benefits of opportunity zones while identifying communities in which the firm can have a lasting positive impact.
CONTACT:
SARAH PUTNIK
PARSONEX CAPITAL PARTNERS
303-662-8700 Ext. 100
SARAH@PARSONEX.COM
WWW.PXCAPGROUP.COM
[1] https://www.brayandco.com/area-information.php
[2] https://www.bestplaces.net/cost-of-living/grand-junction-co/denver-co/50000
[3] https://www.wsj.com/articles/see-the-full-rankings-for-wsj-realtor-coms-emerging-housing-markets-index-11626756019?mod=article_relatedinline
View original content to download multimedia:
SOURCE Parsonex Capital Partners, LLC | https://www.whsv.com/prnewswire/2022/05/12/parsonex-capital-partners-breaks-ground-second-qualified-opportunity-zone-project/ | 2022-05-12T05:55:29Z |
TOKYO, May 12, 2022 /PRNewswire/ -- Polyplastics Group has introduced a new series of engineering plastic fine powders which are compatible with a broad range of manufacturing methods. The company has expanded its lineup with DURAST (TM) Powders which, going beyond traditional injection molding and extrusion, are targeted for low-volume production of complex parts utilizing sinter forming, compression molding, and 3D printing.
Photo: https://kyodonewsprwire.jp/prwfile/release/M100475/202204270565/_prw_PI1fl_E9WqS6Bj.jpeg
DURAST (TM) Powders made of polyacetal (POM), polyphenylene sulfide (PPS), polybutylene terephthalate (PBT), and liquid crystalline polymer (LCP) have a unique spherical shape and are controlled for fine, narrow particle size distribution (10-200 micrometers). Engineering plastics in powder form permit the use of manufacturing methods that were previously impossible with pellet shapes, making it possible to impart the strengths of engineering plastics and additional performance attributes. Polyplastics developed these fine powders after extensive research and testing of powder-manufacturing methods.
Polyplastics was successful in powdering POM with a low glass transition temperature. Moreover, modified DURAST (TM) POM, exhibiting slow crystallization, is useful for 3D printing. It also has low warpage in SLS models and superior powder flowability. So it can achieve model density over 95%.
DURAST (TM) PPS can be used to mold porous structures through sinter formation. It is linear PPS with strong toughness and heat resistance, along with strong chemical and radiation resistance. Since it has few ionic impurities, DURAST (TM) PPS also withstands rigorous electrical requirements.
DURAST (TM) LCP offers superior vibrational absorption with high heat resistance and high elasticity in dielectric constant modifiers. It also exhibits low water absorption and electrical properties that are stable at high frequencies. DURAST (TM) LCP is available in both formless and spherical powders.
Please also visit, https://www.polyplastics-global.com/en/approach/8.html
About Polyplastics
Polyplastics Co., Ltd. is a global leader in the development and production of engineering thermoplastics. The company's product portfolio includes POM, PBT, PPS, LCP, COC, PET, and LFT (long fiber-reinforced thermoplastics). The company has the largest global market share of POM, LCP, and COC. With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources capable of creating advanced solutions for an ever-changing global marketplace.
*DURAST (TM) is a trademark owned by Polyplastics Co., Ltd.
View original content:
SOURCE Polyplastics Co., Ltd. | https://www.whsv.com/prnewswire/2022/05/12/polyplastics-new-engineering-plastic-fine-powders-compatible-with-wide-range-processing-methods/ | 2022-05-12T05:55:35Z |
- Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment round as new investors.
- Qoala becomes Southeast Asia's fastest growing and first insurtech company with licenses and presence in Indonesia, Malaysia, and Thailand.
JAKARTA, Indonesia, May 11, 2022 /PRNewswire/ -- Entering 2022, Indonesian insurtech startup Qoala, has successfully raised Series B funding of US$ 65 million. The company distributes retail insurance products to consumers for car, bike, home, and health through its omnichannel platform. Based in Indonesia, the platform has successfully expanded to Thailand and Malaysia in 2021, strengthening Qoala's commitment to make makes insurance accessible, easy to understand, and help consumers better with their claims.
Having grown 30 times since the Series A round in April 2020, Qoala is the fastest growing insurtech in SEA. Qoala has acquired over 50,000 insurance marketers and provides a platform supported by over 50 insurers for them to sell insurance from multiple insurers, while managing pre-sale and post-sale services. It also provides several innovative micro-insurance products through its partnerships with Traveloka, Redbus, DANA, JD.ID, Shopee, Kredivo and Investree among others.
Qoala focuses on "retail insurance" which involves insurance for cars, bikes, homes, and health. "Qoala is the only insurtech with licenses in three markets in SEA and with this new round we are optimistic in sustaining our growth momentum. Our business in Thailand has also already grown by three times since we joined forces with FairDee in February 2021, which gives us confidence in our expansion capability," added Tommy Martin, Co-founder and COO of Qoala.
"Qoala's business model of expanding the use of insurance among underserved consumers in Southeast Asia resonates with our thesis of backing innovation to improve financial health of households," said Smita Aggarwal, Global Investments Advisor at Flourish Ventures. "We are excited about the momentum that Qoala has generated since we last invested in Series A. We at Flourish Ventures are pleased to continue our commitment to Qoala."
Tara Reeves of Eurazeo, a European investment firm who led this round and previously funded WeFox, the largest insurtech in the world also added, "Qoala stands out amongst the insurtech companies due to its diverse team which has been able to deliver rapid growth with promising unit economics despite the pandemic. With regional presence and fast growth forecasted for the region, we are excited to lead this round and join Qoala in its journey."
Qoala sets itself apart through a superior tech stack. This enables them to offer industry-leading speed in policy issuance, instant pricing as well as an industry first - instant commissions to insurance marketers. These innovations not only solve very key issues for insurance marketers and consumers but also allow Qoala to acquire and service consumers at a lower cost, leading to superior unit economics. Global insurers like Sompo, AXA, and Chubb have also joined Qoala's platform due to their focus on retail customers so they can fasten insurance adoption while maintaining healthy loss ratios.
The funding also demonstrates appreciation and trust from both Qoala's existing and new investors to continue its growth in the insurtech sector. "We will continue to invest towards scaling up Qoala's reach in our core markets and focus on enhancing our technology and product experience to greatly reduce the hurdles to accessing insurance that are today still very significant," said Harshet Lunani, Founder and CEO of Qoala.
Furthermore, Qoala aims to add over 250 employees this year focus on building out an engineering and product management hub in Gurugram, India. In parallel, Qoala also plans to grant employees with equity compensation and give them the right to acquire shares in the company to strengthen employee ownership in the company.
"Insurance penetration in Indonesia is currently only 2%, far behind the global average of 6%, with most consumers just beginning to understand the value of insurance and hence there is plenty of room for growth. Indonesia, Thailand, and Malaysia are amongst the top 10 fastest growing global markets for insurance in the next decade," added Harshet.
About Qoala
Qoala is a startup in the field of insurance technology with a mission to socialize insurance through a combination of new product development supported by machine learning-based claim processes. Qoala operates in three countries; Indonesia, Malaysia, and Thailand offering various insurance protections, ranging from health, motor vehicle, property, personal accident, and other needs that can be accessed quickly, easily, and transparently through the Qoala application or website.
View original content to download multimedia:
SOURCE Qoala | https://www.whsv.com/prnewswire/2022/05/12/qoala-raises-us-65-million-series-b-clocking-30x-business-growth-since-series/ | 2022-05-12T05:55:42Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AGCO Corporation ("AGCO" or the "Company") (NYSE: AGCO). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether AGCO and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 6, 2022, AGCO disclosed that it expects operations at some of its production facilities to be affected for "several days and potentially longer" following a ransomware attack.
On this news, AGCO's stock price fell $7.53 per share, or 5.76%, to close at $123.30 per share on May 6, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-agco-corporation/ | 2022-05-12T05:55:48Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of FTC Solar, Inc. ("FTC Solar" or the "Company") (NASDAQ: FTCI). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether FTC Solar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On January 14, 2022, Bank of America downgraded FTC Solar shares to Underperform from Neutral, opining that the Company is "among the [companies] most exposed to potential delay dynamics associated with utility-scale solar projects in the U.S. for 2022," noting that nearly all of FTC Solar's revenue is derived from the U.S., with international projects expected to contribute meaningfully only from 2023 and beyond.
On this news, FTC Solar's stock price fell $0.95 per share, or 15.63%, to close at $5.13 per share on January 14, 2022.
Then, on May 10, 2022, FTC Solar issued a press release announcing its financial results for the first quarter of 2022. Among other items, FTC Solar disclosed non-GAAP earnings per share and revenue that both fell short of expectations.
On this new, FTC Solar's stock price fell sharply during intraday trading on May 10, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-ftc-solar-inc-ftci/ | 2022-05-12T05:55:55Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Greenpro Capital Corp. ("Greenpro" or the "Company") (NASDAQ: GRNQ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Greenpro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 6, 2022, Greenpro disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that "[o]n March 25, 2022, the Company's management, together with the Audit Committee of the Board of Directors, made a determination that disclosure should be made and action should be taken to prevent further reliance on the Company's previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2021, June 30, 2021 and September 30, 2021 included in its Quarterly Reports on Form 10-Q (the "Form 10-Qs") filed with the [SEC] on May 17, 2021, August 10, 2021 and November 10, 2021, respectively." Specifically, Greenpro stated that "[i]n the Form 10-Qs, the Company erroneously recorded the sale of one unit of real estate property in Hong Kong."
On this news, Greenpro's stock price fell $0.12 per share, or 24.29%, over the following two trading sessions, closing at $0.37 per share on May 9, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980
View original content:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-greenpro-capital-corp-grnq/ | 2022-05-12T05:56:02Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Palantir ("Palantir" or the "Company") (NASDAQ: PLTR). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Palantir and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 9, 2022, Palantir disclosed its financial results for the first quarter of 2022 ("Q1") and issued guidance for the second quarter of 2022 ("Q2"). For Q1, Palantir announced adjusted earnings per share of $0.02, compared to analyst estimates of $0.04 per share. For Q2, the Company said that it expected $470 million in sales, compared to estimates of $483.76 million, but cautioned that revenue could come in well below estimates.
On this news, Palantir's stock price fell $2.02 per share, or 21.31%, to close at $7.46 per share on May 9, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-palantir-technologies-inc-pltr/ | 2022-05-12T05:56:08Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Riskified Ltd. ("Riskified" or the "Company") (NYSE: RSKD). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Riskified and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
In July 2021, Riskified conducted its initial public offering ("IPO"), selling 20.125 million Class A ordinary shares priced at $21.00 per share. On September 9, 2021, Riskified issued a press release announcing the Company's financial results for the second quarter ended June 30, 2021—i.e., the quarter prior to the IPO. On a conference call to discuss the results, the Company stated that Riskified tended "to experience higher chargebacks when we enter a new industry."
On November 16, 2021, Riskified issued a press release announcing the Company's financial results for the third quarter ended September 30, 2021—i.e., the quarter during which the IPO was conducted. The release reported that Riskified's revenue growth had declined to 26% year-over-year, compared to 55% and 47% revenue growth year-over-year for the first and second quarters of 2021 respectively. Similarly, Riskified's GMV growth had declined to 28% year-over-year compared to 77% and 55% respectively for the first two quarters of 2021. Moreover, the Company's gross profits had increased only 10% year-over-year, far below the Company's already decelerated revenue growth trajectory. The Company's gross profit margins had plummeted to just 46% during the quarter, compared to 56% and 60% in the first and second quarter of 2021 respectively, as gross profit fell sequentially to $24.3 million compared to $28.6 million and $33.3 million in the first and second quarters of 2021 respectively. Further, Riskified's cost of revenue had jumped to $28.3 million in the third quarter of 2021, primarily as a result of a sharp increase in chargeback expenses, representing a 50% increase year-over-year and nearly 30% above the Company's cost of revenue for the first and second quarters of 2021.
On February 23, 2022, Riskified issued a press release announcing the Company's financial results for the fourth quarter and year ended December 31, 2021. The release reported that Riskified's revenue growth and GMV growth had continued to decelerate during the quarter to just 22% and 23%, respectively, year-over-year. Further, Riskified's gross profit growth remained muted, at just 10.7% year-over-year-growth during the quarter, and the Company's cost of revenue had continued to climb to more than $33 million during the quarter compared to just $23.9 million during the fourth quarter of 2020. In addition, the release stated that Riskified expected to generate only between $254 million and $257 million in 2022 revenues (which would represent only 11.5% year-over-year growth) and an adjusted 2022 EBITDA of between negative $69 million and $66 million (which would more than triple the losses suffered by the Company in 2021), indicating that the adverse business trends being suffered by the Company were in fact accelerating.
Since the IPO, Riskified's stock has closed as low as $5.23 per share, representing a decline of more than 75% from the offering price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-riskified-ltd-rskd/ | 2022-05-12T05:56:15Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Upstart Holdings, Inc. ("Upstart" or the "Company") (NASDAQ: UPST). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Upstart and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 9, 2022, Upstart issued a press release announcing its financial results for the first quarter of 2022 and provided its financial outlook for the second quarter and full year 2022. Among other items, Upstart provided revenue guidance for both the quarter and year that fell significantly short of expectations. On this news, Upstart's stock price fell sharply during intraday trading on May 10, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-upstart-holdings-inc-upst/ | 2022-05-12T05:56:21Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Black Knight, Inc. (NYSE: BKI)'s sale to Intercontinental Exchange, Inc. If you are a Black Knight shareholder, click here to learn more about your rights and options.
Arogo Capital Acquisition Corp. (NASDAQ: AOGO)'s merger with EON Reality, Inc. If you are an Arogo Capital shareholder, click here to learn more about your rights and options.
Cedar Realty Trust, Inc. (NYSE: CDR)'s sale of Cedar and of its assets in a series of related all-cash transactions. If you are a Cedar shareholder, click here to learn more about your rights and options.
Zurn Water Solutions Corporation (NYSE: ZWS)'s merger with Elkay Manufacturing Company. If you are a Zurn Water shareholder, click here to learn more about your rights and options.
Flexible Solutions International, Inc. (NYSE: FSI)'s merger with Lygos, Inc. If you are a Flexible Solutions shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
View original content to download multimedia:
SOURCE Halper Sadeh LLP | https://www.whsv.com/prnewswire/2022/05/12/shareholder-investigation-halper-sadeh-llp-investigates-bki-aogo-cdr-zws-fsi/ | 2022-05-12T05:56:30Z |
TAIPEI, May 11, 2022 /PRNewswire/ -- TAITRA (Taiwan External Trade and Development Council) announced today that half a dozen NVIDIA executives present the company's keynote at COMPUTEX 2022, Asia's leading IT show. This digital keynote will be on Tuesday, May 24, at 11:00 AM (UTC+8), to discuss how AI is revolutionizing networking, to the enterprise data center gaming, and content creation.
With NVIDIA's accelerated computing platform revolutionizing everything from gaming to data centers to robotics, six NVIDIA executives are invited to be the speakers at CEO Keynote, including Vice President for Accelerated Computing Ian Buck, Senior Vice President for Hardware Engineering Brian Kelleher, Director of Product Management for Accelerated Computing Ying Yin Shih, Chief Technology Officer Michael Kagan, Vice President of Embedded and Edge Computing Deepu Talla, and Senior Vice President for GeForce Jeff Fisher.
"NVIDIA and our partners will be announcing new developments and products on both the enterprise and consumer fronts at the show," said Fisher, a COMPUTEX regular.
At the accompanying TAITRA Forum, Richard Kerris NVIDIA's vice president for Omniverse Platform will talk about "A New Era of Digital Twins and Virtual Worlds with NVIDIA Omniverse".
Richard Kerris will share the enormous opportunities that AI presents to enterprise and how they can dramatically transform their business to gain a competitive edge.
Kerris' talk will be held Thursday, May 26, from 11:00 AM to 11:30 AM (UCT+8).
Participants can visit NVIDIA's virtual booth at COMPUTEX and see how NVIDIA technologies are powering AI, data centers, 3D design and simulation, gaming and content creation, high-performance computing, and robotics.
COMPUTEX 2022 will be grandly held at the Taipei Nangang Exhibition Center, Hall 1 from May 24 to May 27, 2022. In addition, TAITRA will simultaneously hold an online exhibition called COMPUTEX DigitalGo (May 24 to June 6). Meanwhile, Taiwan External Trade Development Council will organize COMPUTEX CEO Keynotes & Forum, where CEOs and senior executives from global tech giants share their insights.
Join COMPUTEX CEO Keynotes & Forum: https://events.computextaipei.com.tw/en
About COMPUTEX
COMPUTEX was founded in 1981. It has grown with the global ICT industry and become stronger over the last four decades. Bearing witness to historical moments in the development of and changes in the industry, COMPUTEX attracts more than 40,000 buyers to visit Taiwan every year. It is also the preferred platform chosen by top international companies for launching epoch-making products.
Taiwan has a comprehensive global ICT industry chain. Gaining a foothold in Taiwan, COMPUTEX is jointly held by the Taiwan External Trade Development Council and Taipei Computer Association, aiming to build a global tech ecosystem. COMPUTEX uses cross-domain integration and innovation services as the most powerful driving forces for achieving the goal of becoming a new platform for global technological resources.
About TAITRA:
The Taiwan External Trade Development Council (TAITRA) is Taiwan's foremost trade promotion organization. TAITRA is a public-benefit corporation founded by the Ministry of Economic Affairs by uniting industry and commerce groups from the private sector with the purpose of helping them expand their global reach. Currently, TAITRA has a team of more than 1,300 trade professionals, both domestically and abroad. Headquartered in Taipei, TAITRA operates 5 local offices in Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung, as well as 63 branches worldwide. It has also signed cooperation agreements with 319 sister organizations that promote international trade. By forming a comprehensive trade services network that provides zero-time-difference and borderless real-time services, TAITRA continues to work with enterprises to jointly pursue the steady development of Taiwan's economy. It is the best partner for your success in business expansion.
View original content to download multimedia:
SOURCE COMPUTEX | https://www.whsv.com/prnewswire/2022/05/12/six-nvidia-leaders-keynote-computex-2022/ | 2022-05-12T05:56:39Z |
This new watering hole at the Fiserv Forum is giving fans a new thrill while watching a basketball game
MILWAUKEE, May 11, 2022 /PRNewswire/ -- Tanduay, the World's Number 1 Rum, recently opened a bar in the home arena of the National Basketball Association (NBA) champions, Milwaukee Bucks. The Tanduay bar at the Fiserv Forum provides an exciting, refreshing cocktail experience with a tropical twist.
"A Filipino rum brand in the home of one of the most exciting teams in the NBA is something that we really take pride in, and we are glad that the fans are loving our Tanduay-infused cocktails," said Kyle Tan, Tanduay Executive Vice President and head of international expansion.
The bartender at the Tanduay Rum Bar, meanwhile, revealed that Tanduay's specialty cocktails have been a go-to for fans since their release. They love its tropical taste, and cohesive and balanced flavors.
Matt Pazaras, Chief Business Development and Strategy Office at Milwaukee Bucks, Inc., shared that Bucks fans have been enjoying the world's bestselling rum and its specialty cocktails during games, concerts, and events.
"Tanduay Rum is a premium spirit that is recognized across the world for its taste, quality, and popularity. We are thrilled to expand our international partner footprint to the Philippines, which has one of the Bucks' most engaged international fan bases, and excited to bring Tanduay's finest rums to Fiserv and Deer District," he said.
The Milwaukee Bucks is one of the four NBA teams that Tanduay signed a partnership with. The rum brand is the first and only Filipino company to have forged a deal of this extent with the NBA.
"Our presence in the NBA games of our partner-teams are a great help to our international expansion. With millions of fans from across the globe watching the Bucks' games, we are able to make them aware of the brand. Our bar at the Fiserv Forum, meanwhile, gives them the experience of enjoying an iconic Filipino rum brand," Tan said.
Apart from Wisconsin, Tanduay is also present in 11 other U.S. states and the territory of Guam through partnership deals with leading international wines and spirits distributors.
Outside of the U.S. and the Philippines, it is available in Singapore, China, Australia, the United Arab Emirates, Belgium, the Netherlands, Luxembourg, Germany, and the United Kingdom.
Tanduay was founded in 1854. It started out as a small distillery and throughout the years has become one of the biggest and most recognizable brands in the Philippines. It is the recipient of numerous international awards for its quality rum products.
For inquiries, please contact:
Joseph Chiong
Business Development Manager
Tanduay Brands International
+1 (714) 588-6760
View original content to download multimedia:
SOURCE Tanduay | https://www.whsv.com/prnewswire/2022/05/12/tanduays-specialty-cocktails-go-to-fans-milwaukee-bucks-fiserv-forum/ | 2022-05-12T05:56:47Z |
BEIJING, May 11, 2022 /PRNewswire/ -- This is a report from China.org.cn.
The Academy of Arts & Design of Tsinghua University (AADTHU) inaugurated the Institute for Smart Scene Innovation Design (ISSID) on Tuesday, which aims to build a leading design and R&D platform for smart design and cultural innovation.
Dedicated to research in smart design, focusing on emerging industries and key sectors such as smart cities, smart education, and smart medical care, the ISSID will innovate new design systems and formulate relevant standards. Ultimately, they hope to make breakthroughs in studies of smart designing methods and tools, as well as its key technologies.
Through interdisciplinary research of art and technology, the ISSID will concentrate on innovative art design and R&D of scientific and technological programs and foster talents with multidisciplinary skills and creative abilities.
At a forum themed "smart design, scene innovation" after the launching ceremony of the ISSDI, 11 scholars and experts from technology, art, design, and cultural innovation industries shared thoughts about smart design.
An exhibition with the theme of art and technology, on display from Tuesday to Sunday, showcases art and research cases of students and faculties from the AADTHU and other leading artists and designers. In addition, the exhibition demonstrates the broad prospects of innovation such as smart transportation and smart cities.
Tsinghua University inaugurates Institute for Smart Scene Innovation Design
View original content to download multimedia:
SOURCE China.org.cn | https://www.whsv.com/prnewswire/2022/05/12/tsinghua-university-inaugurates-institute-smart-scene-innovation-design/ | 2022-05-12T05:56:54Z |
MIAMI, May 11, 2022 /PRNewswire/ -- On December 24, 2021, after months of investigation, Mark Cassidy, through The Moskowitz Law Firm PLLC and Grossman Roth Yaffa Cohen, P.A., filed a class action Complaint before Chief Judge Cecilia M. Altonaga in the Southern District of Florida, captioned Mark Cassidy v. Voyager Digital Ltd., et al., Case No. 21-24441-CIV-ALTONAGA/Torres (S.D. Fla.).
Voyager was sued for a wide range of alleged deceptive claims, including false "no commission" promises and the sale of unregistered securities, the Voyager Earn Program Account ("EPA"). "We have been talking to many Voyager customers from across the country about their problems and their desire to join our lawsuit", said Adam Moskowitz, Managing Partner of The Moskowitz Law Firm, who indicated that they may be further expanding the lawsuit.
On April 28, 2022, plaintiff filed his Amended Complaint with additional expert support to, among other things, include allegations Voyager engaged in the unlawful offer and sale of unregistered securities in violation of Sections 5(a) and 5(c) of the Securities Act of 1933 by selling EPAs to persons or entities in the United States on or after December 24, 2020. Any member of this putative class may move within 60 days of this publication to seek to serve as a lead plaintiff.
Voyager has raised numerous defenses, including arguing the Court lacks personal jurisdiction over its Canadian parent company and that plaintiff manifested his agreement to Voyager's User Agreement (containing an Arbitration Provision, which Voyager argues includes a delegation clause requiring claimants to submit threshold issues to the arbitrator) through clicking a box affirming his agreement at registration. Voyager was required to file one consolidated motion to dismiss by next week, where they state they will raise numerous other defenses to these alleged claims.
"Our main goal is simply to allow every common investor a fighting chance," said Adam Moskowitz. Moskowitz further explains "the sale of unregistered securities may allow investors full repayment and this app, we allege, was set up like a carnival game, where every consumer was going to lose."
If you wish to discuss this action and potentially join it as a plaintiff and/or class representative, Joseph Kaye of The Moskowitz Law Firm PLLC may be contacted at (786) 309-9585 or joseph@moskowitz-law.com.
View original content to download multimedia:
SOURCE The Moskowitz Law Firm | https://www.whsv.com/prnewswire/2022/05/12/voyager-digital-sued-miami-federal-court/ | 2022-05-12T05:57:03Z |
HONOLULU (KITV)- Like everything else, food prices are going up. The Bureau of Labor Statistics reports the cost of food today is 9-point-4 percent HIGHER than it was last year. Some farmers markets are offering residents some financial relief, by taking EBT. Prices are traditionally lower at farmer's markets versus a supermarket. An organizer for the Honolulu Farmer's Market says while many of the farmers markets take food stamps or EBT benefits on the Island of Hawaii. Only 3 do it, on Oahu.
Sales are up right now at the Honolulu Farmer's Market which is held every Wednesday at the Blaisdell Center. The market takes food Stamps for some of their vendors, and those numbers are inching higher as well. EBT usage was at an average minimum of $356 dollars a week in April verus $267 a week in February. Larry Geller who helps facilitate EBT at the Honolulu Farmer's Market says that's good for right now. But the trend on EBT could soon be going in a different direction, because extra food stamp dollars were available during the pandemic.
Benefits have basically stopped. Not just in food stamps, but all areas. Both the federal and state consider the pandemic over and assistance has dried up," said Geller. That and the cost of inflation are why they want to get the word out about using food stamps at these venues. Nationally, fresh fruit prices are up 8.3% right now from last year, and fresh veggies are up 6.2% from last year.
Here's a list of what you can get here at the Honolulu Farmer's Market with food stamps:
Cold prepared foods such as soups and empanadas
Bread and Cereals
No warm meals
Raw beef, pork, and chicken
Fruits and veggies.
Both farmers and those who are struggling financially are going to see benefits from using federal dollars at the markets. "It gives us more diverse customers. Maybe 10%-15% of our income comes from guys that use food stamps at this market. So it's significant," said farmer King Thephsourinthone.
"People who are financially struggling still need to eat healthy. There are people with diabetes, heart conditions and so forth out there. The only intervention that works for a wide range of people is improving their diet. At the farmer's market many of the items you see, the fruits and vegetables, were picked that morning. They're fresh," said Geller.
To use food stamps at the farmer's market, look for the Farm Bureau tent. They can run your EBT card, and give you little plastic cards that can be used as currency with vendors.
Do you have a story idea? Email news tips to news@kitv.com | https://www.kitv.com/news/business/some-farmers-markets-are-now-taking-food-stamps/article_3508f078-d1b7-11ec-934b-53711bf8d7cf.html | 2022-05-12T06:28:59Z |
The Rainbow Warrior volleyball team made history on Saturday night, winning its second-straight NCAA national championship.
But just days after the Bows went back-to-back, their impact is still being felt all over Manoa.
"It was awesome, we had a lot of alums in town and we were watching it live," pitching coach Mathew Troupe said. "As we look at that from our side, we look at it and see that it can be done. Soon, we're going to be at a good spot competing for a national championship. To see them do that it was huge."
"I actually saw some of the volleyball players in the weight room today getting after it for next season, and they were getting ready, their goal is repeat as national champions next year," Hawaii outfielder Cole Cabrera said. "And just seeing that mentality, we really want to put our school on the map again--especially with this baseball team. Hopefully we can pull off something like that. All we can do is play our game and hopefully find our way into the post-season come June."
With the volleyball season over, attention has now turned to the post-season aspirations of the warrior baseball team. But, much like volleyball, the Basebows are going to need some help in order to sniff post-season glory.
With just nine conference games left for Hawaii (22-20, 13-8) before the end of the regular season, they're going to need a miracle to win the Big West Conference title. To take the title, conference leader UC Santa Barbara would have to lose all six of their remaining conference games, Cal Poly would have to lose all of its games and UH would need to win all of its remaining games. The Bows could do it on their end, after all they're coming off their fifth straight series win after taking two of three from UNLV this weekend.
We have seen two big west teams earn a spot in the regionals (both UCSB and UCI went in 2021), but it's unlikely this season with Hawaii's non-conference losses.
Either way, the bows have one goal in mind: 30 wins or bust.
"That's the goal is to reach a regional," Cabrera said. "And although we're not first place in the Big West, we have something to play for and that's kind of the vibe that's resonating within the team: to win as many games as we can to hopefully hear our name called to earn a regional bid."
"Of course it's always fun winning ball games, but even when we were dropping some games, we would find a way to finish the weekend strong," Troupe said. "The guys find a way to bounce back...we're going to keep the same approach as we have all year long and we'll get to the end of the season, lift our head up and see where we're at."
Hawaii will host Cal State Northridge Thursday night for the first game of a three-game series. | https://www.kitv.com/sports/rainbow-warrior-volleyball-teams-national-championship-inspiring-warrior-baseball-team/article_ea102a18-d1b2-11ec-971e-13453ee5885d.html | 2022-05-12T06:29:05Z |
Groom late to wedding after getting stuck in elevator
CLOVIS, Calif. (KFSN) - A California bride was worried her groom got cold feet when he was more than an hour late to the altar, but he just ran into a problem trying to get to the church on time.
The happiest moment of Misty and Brandon Valdez’s lives was delayed Saturday when the groom was an hour-and-a-half late to the altar. He and his groomsmen got stuck in an elevator inside a Best Western in Clovis, California.
“As soon as we go to leave and get into the elevator to go down from the third floor, about halfway - a jolt. We pretty much knew immediately something was a little bit off,” Brandon Valdez said.
Within minutes of getting trapped, the Clovis Fire Department was called to help rescue the groom and six others.
“Really, the only thing we could do was just laugh it off at that point,” Brandon Valdez said.
While it’s a funny story, the couple says it also came at a cost. They had to skip family photos at the church before the reception.
“This was the most important day of our lives, and we missed some of that time that we’re not going to get back,” Misty Valdez said.
Hotel management told the couple the elevator problem was out of their hands, but the two disagree and would like some kind of compensation for the inconvenience. They were offered a discount on a future stay, but as locals, they don’t need that.
All in all, the couple is thankful to finally be married – and with a unique story – for better or worse.
Copyright 2022 KFSN via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/05/12/groom-late-wedding-after-getting-stuck-elevator/ | 2022-05-12T07:36:56Z |
‘I hope you starve now’: Daughter accused of stealing $1M from mother
HENDERSON, Nev. (KVVU/Gray News) - Police outside of Las Vegas are investigating a woman accused of stealing $1 million from her mother.
The Henderson Police Department reports Deborah Burnette faces charges of theft and exploitation of an elderly person in connection with its investigation that began on Feb. 27, 2021, reported by KVVU.
Police report the mother’s daughter-in-law said that her mother-in-law had over $1 million stolen from her bank account.
The mother said her daughter, Burnette, had stolen the money after she came to town to help take care of her ill husband, according to a warrant affidavit from Henderson police.
Burnette was verbally abusive and bullied the mother into adding her to the mother’s bank account. The bank told the mother and daughter-in-law that Burnette had wired just over $1 million out of the mother’s account, according to police documents.
When Burnette was confronted, the mother said Burnette admitted to taking the money and told her, “I hope you starve now,” and “I hope you die so I can spit on your grave,” the warrant documents said.
The mother opened a new account so her daughter couldn’t access it, and the money was frozen in Burnette’s account, the warrant said. Burnett reportedly called and threatened her mother about the account change.
Burnette told police she didn’t steal the money but was keeping it so she could “safeguard it” from her sister-in-law.
Henderson police said Burnette was booked into the detention center and currently has a court hearing scheduled for May 24.
Copyright 2022 kVVU via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/05/12/i-hope-you-starve-now-daughter-accused-stealing-1m-mother/ | 2022-05-12T07:37:03Z |
Midland Trail scores eight in the seventh to win sectional title
Patriots will face James Monroe Mavericks in regionals
Published: May. 12, 2022 at 1:14 AM EDT|Updated: 2 hours ago
RUPERT, W.Va. (WVVA) -Midland Trail erupted for eight runs to take a 14-6 lead in the top of the seventh inning.
The Lady Patriots blew a 5-0 lead and then fell behind 6-5 before tying the game in the sixth.
Midland Trail will face James Monroe in regionals.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/05/12/midland-trail-scores-eight-seventh-win-sectional-title/ | 2022-05-12T07:37:10Z |
Suspect arrested after attempted abduction caught on video
BURLINGTON, Mass. (WFXT) - With the help of the public, Massachusetts police arrested a man for an attempted abduction. Surveillance video shows the suspect grab a woman and pull her down the street as she struggles to break free.
Tyler Healey, 23, spent two days on the run after what police say was an abduction attempt Sunday night in Burlington, Massachusetts. He faces four charges, including attempted kidnapping and assault with intent to rape.
Surveillance video shows a man police believe to be Healey grabbing the 37-year-old victim. He puts her in a headlock, dragging her away.
But she put up a big fight, and police say it worked.
“I thank the victim specifically for her fight, her tenacious fight that night, the fight she put up in the middle of that Middlesex Turnpike. She gave herself a chance,” said Burlington Police Chief Thomas Browne.
That surveillance video led to several tips that helped catch Healey, according to Middlesex County District Attorney Marian Ryan. Prosecutors say one of those tips was from the suspect’s father, who recognized his son’s sneakers.
Authorities also praised Ariel Naylor, a woman who called 911 and helped scare the suspect away after witnessing the attempted abduction.
“I did it because that woman needed my help,” Naylor said.
She is now being called a hero.
“[She] put herself into harm’s way, potentially acting without due regard for her safety, and her acts were selfless,” Browne said.
Healey appeared in court Wednesday. He is being held until next week for a dangerous hearing.
Copyright 2022 WFXT via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/05/12/suspect-arrested-after-attempted-abduction-caught-video/ | 2022-05-12T07:37:16Z |
Groom late to wedding after getting stuck in elevator
CLOVIS, Calif. (KFSN) - A California bride was worried her groom got cold feet when he was more than an hour late to the altar, but he just ran into a problem trying to get to the church on time.
The happiest moment of Misty and Brandon Valdez’s lives was delayed Saturday when the groom was an hour-and-a-half late to the altar. He and his groomsmen got stuck in an elevator inside a Best Western in Clovis, California.
“As soon as we go to leave and get into the elevator to go down from the third floor, about halfway - a jolt. We pretty much knew immediately something was a little bit off,” Brandon Valdez said.
Within minutes of getting trapped, the Clovis Fire Department was called to help rescue the groom and six others.
“Really, the only thing we could do was just laugh it off at that point,” Brandon Valdez said.
While it’s a funny story, the couple says it also came at a cost. They had to skip family photos at the church before the reception.
“This was the most important day of our lives, and we missed some of that time that we’re not going to get back,” Misty Valdez said.
Hotel management told the couple the elevator problem was out of their hands, but the two disagree and would like some kind of compensation for the inconvenience. They were offered a discount on a future stay, but as locals, they don’t need that.
All in all, the couple is thankful to finally be married – and with a unique story – for better or worse.
Copyright 2022 KFSN via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/05/12/groom-late-wedding-after-getting-stuck-elevator/ | 2022-05-12T07:39:46Z |
Country
United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe | https://www.kitv.com/news/baldwin-high-school-will-allow-lei-giving-on-graduation-day/article_d37e7ed2-d1c4-11ec-af6e-d70fb6e60f7a.html | 2022-05-12T08:13:17Z |
Updated April 15, 2022 at 2:03 PM ET
Editor's note: Seventy-five years ago today, on April 15, 1947, Jackie Robinson stepped onto the diamond at Ebbets Field and broke the color barrier in Major League Baseball. Scott Simon wrote this essay in 2019 for what would have been Robinson's 100th birthday.
I try not to say, "sports hero." An athlete may be electrifying and adored, and do much for their communities. But real heroes are people who run into burning buildings to save lives. Heroes are people who enrich the lives of others — and sometimes — move along history.
There is one athlete who has to be called a hero.
Jackie Robinson was born a hundred years ago next week, Jan. 31, 1919, in the small, segregated town of Cairo, Ga., the youngest of five children. A year later, his father left, and the Robinsons moved to southern California, where Jackie Robinson became one of the most celebrated young athletes in America.
He became 2nd Lt. Robinson in the segregated U.S. Army during World War II, but was court-martialed for refusing to move to the back of a bus on the U.S. Army base in Ft. Hood, Texas.
Jackie Robinson was proudly unapologetic and was acquitted. As he said — many times — "I am not concerned with your liking or disliking me. ... All I ask is that you respect me."
He began to play baseball in the old Negro Leagues after the war. There were many talented stars there, like Larry Doby and Satchel Paige, who could and would eventually be signed. But Branch Rickey, who ran the Brooklyn Dodgers, foresaw that the first African-American player in major league baseball would also be the star of a daily national drama.
"I had to get a man who could carry the burden," said Mr. Rickey. "I needed a man to carry the badge of martyrdom."
He signed Jackie Robinson.
He broke into the big leagues in 1947. Most Americans saw baseball then in black and white. Jackie Robinson brought fire. Bigots in the stands hurled curses — and sometimes bottles and threats. Some opposing players slid into him with their spikes. Some opposing pitchers threw at his head. Jackie Robinson played, calmly, nobly and superbly under that profane hail.
When civil rights marchers of the 1960s walked across a bridge in Selma, or the streets of Birmingham, through a blizzard of police sticks, snarling dogs and water cannons, they could hold in their minds the image of Jackie Robinson, walking brave and unbowed to home plate.
Jackie Robinson was an athlete, not Martin Luther King Jr. in baseball stripes. But his own story galvanized his life, and when he left baseball, he became an activist for integration and justice. As President Barack Obama said, "There's a direct line between Jackie Robinson and me." The history Jackie Robinson made helped make America better.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2019-01-26/opinion-jackie-robinson-was-a-true-sports-hero | 2022-05-12T08:19:35Z |
Nursing home resident accused of beating another resident to death
PALM COAST (WESH) - A 72-year-old nursing home resident from Florida is in custody after he allegedly admitted to killing another resident found unresponsive in his room.
Cliff Mody, 72, is charged with second-degree murder after officials say he admitted to beating another resident at Gold Choice Assisted Living & Memory Care in Palm Coast, Florida. Deputies were called around 2 a.m. Wednesday when staff members making rounds made a gruesome discovery.
Investigators say a 77-year-old female resident was found unresponsive, lying on Mody’s bed with obvious facial injuries.
“He had blood on his hands, and she had a busted lip. I could look at her as soon as I walked in and knew she was expired. I felt for a pulse, and there was no pulse,” said an employee who called 911.
The victim apparently wandered into Mody’s room in the memory care wing before the attack. She was pronounced dead at the scene.
Mody allegedly confessed to staff members when they went into the room.
“I said, ‘What happened?’ He goes, ‘She wandered in my room… And I said, ‘Well, what did you do? I see her lip’s busted. What else did you do to her?’ And he goes, ‘I choked her,’” the 911 caller said.
According to the employee who called for help, Mody had only recently been moved to the memory care side of the facility after allegedly attacking someone on the assisted living side.
Whether all protocols were followed is part of the Flagler County Sheriff’s Office’s investigation.
“It’s a horrible tragedy what has happened. The sheriff and members of the agency want the families to know that they’re in our thoughts and prayers,” said Chief Kim Burroughs with the sheriff’s office’s Investigative Services Division.
Mody is being held with no bond, according to the sheriff’s office.
Copyright 2022 WESH via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/05/12/nursing-home-resident-accused-beating-another-resident-death/ | 2022-05-12T09:10:12Z |
Acer's Swift 5 laptop, Aspire C24 All-in-One PC, Predator X32 FP display, and Predator GD711 projector also win the iF Design Award 2022 for excellence
TAIPEI, May 12, 2022 /PRNewswire/ -- Acer's Aspire Vero green laptop has earned its fourth design award, the iF Design Award 2022, on top of winning a 2022 Red Dot award, a 2021 Good Design Award of Japan, and a 2021 Red Dot Award for its eco-packaging design. Other winners of this year's iF Design Award are the Swift 5 laptop, Aspire C24 All-in-One PC, Predator X32 FP display, and Predator GD711 projector.
A record number of more than 10,000 products and projects were registered for the iF Design Award 2022. More than 132 design experts from over 20 countries made up this year's iF jury panel, who had the task of finding and awarding the submissions with the greatest innovative power – and perhaps discover the next rising star in design. The jury evaluated entries based on the criteria of idea, form, function, differentiation, and impact.
Acer Aspire Vero Green Laptop
The initial manifestation of Acer's Earthion mission, the Acer Aspire Vero (AV15-51) is Acer's first step towards pioneering a green PC. These sustainable ideals are apparent throughout the laptop: Its chassis features 30% PCR (post-consumer recycled) plastic, it ships in award-winning 100% recyclable packaging, and its VeroSense™ software gives users control over their energy expenditure, letting them choose usage modes that optimize energy efficiency and battery life. Additionally, the laptop is easy to repair and upgrade.
Striking a balance between design language that is both attractive and sustainable, the Aspire Vero achieves its iconic look by contrasting the chassis' natural grey color with a splattering of yellow pigment dots for accent—all paint-free. A textured surface makes the green PC easier to hold and helps it to further stand out in the crowd, while a laser-engraved finishing gives it a crisp and premium look, replacing most sticker labels in the process.
Acer's Swift 5 Laptop
The new Acer Swift 5 (SF514-56T) is a premium laptop with 14-inch display is designed for executives and mobile professionals, bringing together powerful internals and a gorgeous WQXGA screen in a thin and light chassis, plus all-day battery life. This Intel® Evo™-verified laptop offers a perfect balance of performance and portability, it not only provides a great experience, but is housed in a stylish thin-and-light CNC-machined unibody chassis. The laptop's OceanGlass™ touchpad has been made from ocean-bound plastic waste, providing sleek glass-like tactile feeling. This green distinction does not come at the cost of performance: the touchpad has a Microsoft Precision Touchpad certification and supports multi-finger gestures.
Acer Aspire C24 All-in-One PC
For enhanced performance when working from home, the Aspire C24 All-In-One PC with 24-inch display (C24-1600) has been refreshed with Windows 11. A host of connectivity options backs up this powerful hardware for fast and stable connectivity. It can also be tilted (-5 to 25°), allowing users to find the perfect angle before getting started. This ultra-slim AIO delivers tidy and space-saving cable management, keeping the workspace free from distraction—and being finished in black with platinum details, the Aspire C24s look incredibly sharp too.
Predator X32 FP Display
The new Predator X32 FP gaming monitor has been carefully engineered to balance the performance gamers expect with the visual brilliance creators need. Featuring 160 Hz refresh rate, this UHD (3,840x2,160) 32-inch monitor also boasts VESA DisplayHDR™ 1000 certification, IPS panels that support 576-zone miniLED local dimming, Delta E<1 color accuracy and 99% coverage of the AdobeRGB color gamut. As a result, it delivers stunningly clear and fluid visuals that are essential for tracking objects as they zip across the screen.
Predator GD711 Projector
The Predator GD711 is a smart 4K LED gaming projector that is compatible with both console and PC gaming systems. The projector includes several modes that users can shift between depending on their mood. Predator GD711 offers 4K (3840 x 2160) resolution for enjoying movies and videos in sharp detail, while two game modes—one for bright scenes, another for dark ones—let users pick frame settings optimized for the aesthetics of the game they're playing. In addition, users may enjoy responsive control whether watching football, or playing racing, sports, and action games thanks to 1080p 240 Hz technology and VRR technology. Furthermore, projecting at just 26 dBa when in ECO mode, this game-ready home theater won't break your immersion, either.
About Acer
Founded in 1976, today Acer is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will infuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
View original content to download multimedia:
SOURCE Acer | https://www.whsv.com/prnewswire/2022/05/12/acers-aspire-vero-green-laptop-clinches-another-design-accolade-with-an-if-design-award-2022/ | 2022-05-12T09:18:34Z |
MILWAUKEE, May 12, 2022 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Unity Software (NYSE: U). The investigation results from inaccurate statements Unity Software may have made regarding its business operations and prospects.
Click here to learn more about the investigation: https://www.ademilaw.com/case/unity-software-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
The investigation focuses on whether Unity Software properly disclosed that its Pinpointer ad product used in its Operate Solutions business did not rely on data from Apple, but was using data from end users' engagement and platform performance, resulting in customers spending less because of inaccuracies. In addition, Unity Software failed to disclose that a significant number of its engineers were being redeployed to fix these issues with Pinpointer and thereby were forced to delay their other projects.
If you wish to obtain additional information or have information about this investigation, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, https://www.ademilaw.com/case/unity-software-inc.
We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Ademi LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com
View original content to download multimedia:
SOURCE Ademi LLP | https://www.whsv.com/prnewswire/2022/05/12/ademi-llp-investigates-claims-securities-fraud-against-unity-software-inc/ | 2022-05-12T09:18:40Z |
HELSINKI, May 12, 2022 /PRNewswire/ -- Bioretec Ltd, a globally operating Finnish medical device company and a pioneer in bioresorbable orthopedic implants, has entered into a distribution agreement with AMI Medical Technologies Ltd, a leading distributor of medical devices in Israel. Under the 5-year exclusive agreement, AMI Medical Technologies will distribute, promote and sell Bioretec's bioresorbable Activa implants in Israel. Bioretec's Activa portfolio, already sold in about 40 countries, consists of innovative biopolymer implants for pediatric, trauma, and sports surgery.
"I'm pleased to announce the distribution agreement with AMI Medical Technologies and expanding to one of the most significant markets for orthopedic devices in the fast-growing Middle East and Africa markets. Together with AMI Medical Technologies, we are committed to raising healthcare standards in Israel by introducing patient-friendly and healthcare cost-reducing medical technology. As Activa implants are bioresorbable, they eliminate the complications and secondary removal operations associated with permanent metallic implants. Our products bring significant benefits to both the patient and the healthcare system," says Timo Lehtonen, CEO of Bioretec.
Further enquiries
Timo Lehtonen, CEO, tel. +358 50 433 8493
Johanna Salko, CFO, tel. +358 40 754 8172
Information about Bioretec
Bioretec is a globally operating Finnish medical device company that continues to pioneer the application of bioresorbable orthopedic implants. The company has built unique competencies in the biological interface of active implants to enhance bone growth and accelerate fracture healing after orthopedic surgery. The products developed and manufactured by Bioretec are used worldwide in approximately 40 countries.
Bioretec is developing the new RemeOs™ product line based on a magnesium alloy and hybrid composite, introducing a new generation of strong bioresorbable materials for enhanced surgical outcomes. The RemeOs™ implants are resorbed and replaced by bone, which eliminates the need for removal surgery while facilitating fracture healing. The combination has the potential to make titanium implants redundant and help clinics reach their Value-Based Healthcare targets while focusing on value for patients through efficient healthcare. With the U.S. and EU market authorization for the first RemeOs™ product expected in 2022, Bioretec is positioning itself to enter the addressable USD 7 billion global orthopedic trauma market and become a game changer in surgical possibilities. Better Healing - Better Life. www.bioretec.com.
Information about AMI Technologies
AMI Technologies Ltd is a leading distributor of medical devices and innovative technology in Israel. Established in 1986, the company has been working in the medical industry for over 30 years and marketed successfully in its territory innovative, cost-effective products in high growth market segments by investing the resources required to develop new product concepts to ensure a leadership position in the emerging medical technology segment. This excellent market performance is based on the company's clear and focused business strategy, the diversity and uniqueness of its product portfolio, as well as the professional competence and scientific approach shared by its people. www.ami.co.il.
This information was brought to you by Cision http://news.cision.com
View original content:
SOURCE Bioretec | https://www.whsv.com/prnewswire/2022/05/12/bioretec-enters-into-distribution-agreement-with-ami-medical-technologies-bioresorbable-activa-products-israel/ | 2022-05-12T09:18:47Z |
CAMBRIDGE, England, May 12, 2022 /PRNewswire/ -- Darktrace, a global leader in cyber security AI, today announced that multi-award-winning Indonesian transport giant, Bluebird Group, has selected Darktrace AI to autonomously interrupt cyber-attacks.
Bluebird Group, which was established in 1972 and is listed on the Indonesian Stock Exchange, is the largest taxi operator in Indonesia. The company has over 2,000 employees and serves millions of passengers every month throughout Indonesia's major cities and tourism spots, as well as providing containers, charter buses and logistics services. As its services have become increasingly digitized through apps and online payment services, Bluebird sought a technology which could protect its digital estate in the face of a rising level of attacks against the sector.
Darktrace Antigena stood out to Bluebird when compared to other solutions because of its ability to autonomously stop in-progress attacks whilst allowing normal business operations. The artificial intelligence learns 'normal operations' for Bluebird, and from this not only detects anomalous activity but intelligently makes micro-decisions based on the unusual activity. The algorithms are outcome-driven and optimized to enforce normal business operations; interrupting emerging cyber-threats whilst allowing the business to function as normal even whilst under attack.
The technology uplifts the security team, defending against intellectual property theft and disruptive attacks like ransomware and supply chain attacks, allowing the team to focus on strategic business decisions.
Darktrace saw a 33% increase in attacks across its customer base in APAC in 2021. 12% of incidents detected by Darktrace across the region in 2021 were in Singapore alone. The transport sector was among those most targeted across Darktrace's customer base in APAC, as were financial services, manufacturing and the information and communications industries.
"Bluebird is committed to putting safety and security at the heart of our business, from the consumer experience through to our IT ecosystem," commented Sigit Djokosoetono, CEO at PT Blue Bird Tbk, part of Bluebird Group. "By adopting Darktrace's AI, we have bolstered the ability of our security team to keep pace with the evolving threat landscape and are protecting our customers and employees from cyber-threats with cutting-edge technology."
"We are proud to protect Bluebird Group, which provides vital transportation services to people across Indonesia," said Tony Jarvis, Director of Enterprise Security, Asia Pacific and Japan, Darktrace. "The transport sector is part of any nation's critical infrastructure and disruption to the public's ability to move around not only has knock-on effects for the economy but could threaten individuals' safety. Bluebird is a shining example for the transport sector globally, prioritizing defensive technology that is designed to minimise cyber disruption whilst keeping the lights on."
About Darktrace
Darktrace (DARK:L), a global leader in cyber security AI, delivers world-class technology that protects over 6,800 customers worldwide from advanced threats, including ransomware and cloud and SaaS attacks. Darktrace's fundamentally different approach applies Self-Learning AI to enable machines to understand the business in order to autonomously defend it. Headquartered in Cambridge, UK, the Group has more than 2,000 employees worldwide. Darktrace was named one of TIME magazine's 'Most Influential Companies' for 2021.
Media Contacts
Tom Bermingham
Brands2Life (UK)
+44 (0) 7983 857952
darktrace@brands2life.com
Tamana Mulchand / Royston Wah
Speyside Group (APAC)
+65 9654 4390
darktracesg@speyside-group.com
Jessica Cheney
CommStrat (US)
+1 419 350 4614
darktrace@commstrat.com
View original content:
SOURCE Darktrace | https://www.whsv.com/prnewswire/2022/05/12/bluebird-group-selects-darktrace-defend-against-rising-cyber-threats/ | 2022-05-12T09:18:53Z |
LONDON, May 12, 2022 /PRNewswire/ -- Following its announcement of exclusive discussions on 3 February 2022, BT Group plc ("BT Group") has agreed a set of definitive agreements with Warner Bros. Discovery, Inc. ("Warner Bros. Discovery") to form a 50:50 joint venture company to create a new premium sport offering for the UK & Ireland (the "JV"), and to transfer the operating businesses of BT Sport to Warner Bros. Discovery (together the "Transaction").
By bringing together the sports content offering of both BT Sport and Eurosport UK, the JV will have one of the most extensive portfolios of premium sports rights including UEFA Champions League, UEFA Europa League, the Premier League, Premiership Rugby, UFC, the Olympic Games, tennis Grand Slams featuring the Australian Open and Roland-Garros, cycling Grand Tours including the Tour de France and Giro d'Italia and the winter sports World Cup season.
Those customers who access BT Sport through BT directly, and the majority of BT TV customers, are set to receive discovery+, the non-fiction entertainment streaming service which is home to Eurosport's live and on-demand streaming offer in the UK & Ireland, as part of existing subscriptions.
Both BT Sport and Eurosport UK will initially retain their separate brands and product propositions in the market before being brought together under a single brand in the future. BT Group (through its wholly owned subsidiary British Telecommunications plc ("BT plc")) and Warner Bros. Discovery will enter into distribution agreements with the JV under which they will distribute the combined sports content to new and existing customers on their respective platforms and apps.
Key highlights
- BT Sport and Eurosport UK to be brought together to form a premium sports joint venture for customers in the UK & Ireland which will be owned 50:50 by BT plc and Warner Bros. Discovery.
- Warner Bros. Discovery and BT plc will each directly contribute, sub-license or deliver the benefit of their respective sports rights and distribution agreements for the UK & Ireland to the JV.
- The Transaction will deliver operational efficiencies through the transfer of the operating businesses of BT Sport to Warner Bros. Discovery.
- BT plc will receive £93m from Warner Bros. Discovery and up to approximately £540m by way of an earn-out from the JV, subject to certain conditions being met.
- BT plc will retain a 50% interest in the JV, and Warner Bros. Discovery will be granted a Call Option over BT plc's interest in the JV, exercisable at specified points in the first four years of the JV.
- The Transaction is subject to customary closing conditions, including approvals by the relevant regulatory bodies and is expected to complete by the end of 2022.
Marc Allera, CEO BT's Consumer division, said "As a global sports and entertainment broadcaster Warner Bros. Discovery is the perfect partner to work with us to take BT Sport to the next stage of its growth. We're excited to be joining forces to bring the best of BT Sport together with Eurosport UK to create a fantastic new sports offer alongside all the entertainment that discovery+ has to offer BT customers."
"I'm incredibly proud of the established, creative and innovative broadcaster that BT Sport has become. We have a brilliant team who are dedicated to broadcasting amazing sporting moments and we look forward to working with Eurosport UK to realise the opportunities that this next stage will bring both our team and our viewers."
Andrew Georgiou, President and Managing Director, Warner Bros. Discovery Sports Europe said "We are excited to bring fans a new premium sport offering that brings together everything they love from BT Sport and Eurosport UK. Combining this with our growing portfolio of premium entertainment content promises to deliver consumers a richer and deeper content proposition, not only providing greater value from their subscriptions but bringing sport to a wider entertainment audience."
The Transaction constitutes a class 2 transaction for the purposes of the UK Financial Conduct Authority Listing Rules and, as such, BT Group plc shareholder approval is not required.
Lazard is acting as exclusive financial adviser to BT Group and CMS Cameron McKenna is acting as legal adviser to BT Group. DLA Piper is acting as legal adviser to Warner Bros. Discovery.
Transaction Structure
The JV will be structured as a 50:50 joint venture, with each of BT plc and Warner Bros. Discovery holding equal voting rights in the JV.
At completion of the Transaction, the production and operational assets of BT Sport will transfer to and become a wholly owned subsidiary of Warner Bros. Discovery.
Governance
The Board of Directors of the JV will be equally represented between appointees of BT plc and Warner Bros. Discovery.
The Chairperson of the Board will be a Board Director nominated by each shareholder on a rotating basis, the first of which will be Marc Allera.
Consideration
- BT plc will receive £93m from Warner Bros. Discovery (payable in instalments over the three years following transaction completion) and up to approximately £540m by way of an earn-out from the JV during the earn-out period, subject to certain conditions being met.
- BT plc will retain a 50% interest in the JV, and Warner Bros. Discovery will be granted a Call Option over BT plc's interest in the JV at a price to be determined at the time the option is exercised.
The earn-out period will end at the earliest of i) four years post completion of the Transaction, ii) the exercise by Warner Bros. Discovery of the Call Option, and iii) if the earn-out reaches the agreed cap.
Other distributions to shareholders
Any dividends (made after payments required under the earn-out) shall be paid in equal proportions, to BT plc and Warner Bros. Discovery.
Call Option
As part of the Transaction, Warner Bros. Discovery will have the right, but not the obligation, to exercise a call option to acquire the entire shareholding of BT plc in the JV (the "Call Option"). The Call Option will be exercisable at specified points during the first four years of the JV and is subject to certain conditions and arrangements. The price payable for 50% of the JV under the Call Option will be at a price to be determined at the time the option is exercised, plus any remaining consideration and earn-out that BT plc will be entitled to at that time (subject to certain conditions).
If the Call Option is not exercised by Warner Bros. Discovery (as detailed above), BT plc will have the ability to exit its stake in the JV either through a sale or IPO.
Proceeds cap
The consideration payable under the Transaction (including the Call Option) is subject to a cap which is below the threshold for a class 1 transaction (as defined by the UK Financial Conduct Authority's Listing Rules) as at the time of this announcement.
Ancillary Agreements
The production and the operational assets of BT Sport to be transferred to Warner Bros. Discovery who, upon completion, will manage the day-to-day operations of the JV.
In addition, certain ancillary agreements and undertakings will be entered into between BT plc and Warner Bros. Discovery, and between BT plc, Warner Bros. Discovery and the JV; including those necessary to ensure continuity of service to customers, and relevant transitional arrangements.
As part of the Transaction, BT plc and Warner Bros. Discovery will each enter into distribution agreements with the JV to become the official UK distributor of the JV's sports channels across both sets of platforms. BT plc's agreement with the JV will extend beyond 2030, and for the first four years, includes a minimum revenue guarantee of approximately £500m per annum, after which the agreement will change to a fully variable arrangement.
The JV will also enter into a new agreement with Sky extending beyond 2030 to provide for its distribution of the JV's combined sports content. BT plc will also enter into a distribution agreement with Warner Bros. Discovery to provide discovery+ to its direct BT TV and BT Sport customers.
Accounting treatment
Upon completion of the transaction, BT plc's interest in the JV is expected to be classified as a Joint Venture under IFRS 11, and equity accounted for under IAS 28.
Information on BT Sport business
Based on unaudited management information, as at 31 March 2022, the value of the gross assets of BT Sport business to be contributed to the JV and the operating businesses of BT Sport was £339m and it had an operating loss for the year of £222m.
Information on Eurosport UK business
Based on unaudited management information, as at 31 March 2022, the value of the gross assets of Eurosport UK's rights and distribution agreements contributed directly to the JV was £12m and it had an operating profit for the year of £16m.
Lazard & Co., Limited ("Lazard"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively as financial adviser to BT plc and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than BT plc for providing the protections afforded to clients of Lazard nor for providing advice in relation to the matters set out in this announcement. Neither Lazard nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard in connection with this announcement, any statement contained herein or otherwise.
Certain information included in this announcement is forward looking and involves risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied by forward looking statements. Forward looking statements cover all matters which are not historical facts and include, without limitation, projections relating to results of operations and financial conditions and BT Group's plans and objectives for future operations. Forward looking statements can be identified by the use of forward looking terminology, including terms such as 'believes', 'estimates', 'anticipates', 'expects', 'forecasts', 'intends', 'plans', 'projects', 'goal', 'target', 'aim', 'may', 'will', 'would', 'could' or 'should' or, in each case, their negative or other variations or comparable terminology. Forward looking statements in this announcement are not guarantees of future performance. All forward looking statements in this announcement are based upon information known to BT Group on the date of this announcement. Accordingly, no assurance can be given that any particular expectation will be met and readers are cautioned not to place undue reliance on forward looking statements, which speak only at their respective dates. Additionally, forward looking statements regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Other than in accordance with its legal or regulatory obligations (including under the UK Listing Rules and the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority), BT Group undertakes no obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events or otherwise. Nothing in this announcement shall exclude any liability under applicable laws that cannot be excluded in accordance with such laws.
Information set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery as of the date hereof. Warner Bros. Discovery's actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in Warner Bros. Discovery's 2021 Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on February 24, 2022 and its subsequent filings made with the SEC. Forward-looking statements include statements regarding Warner Bros. Discovery's expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as "anticipate," "believe," "could," "continue," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. Forward-looking statements include, without limitation, statements regarding future financial and operating results, Warner Bros. Discovery's plans, objectives, expectations and intentions, and other statements that are not historical facts. Warner Bros. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Warner Bros. Discovery's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
View original content:
SOURCE Warner Bros. Discovery, Inc. | https://www.whsv.com/prnewswire/2022/05/12/bt-group-warner-bros-discovery-agree-form-new-premium-sports-joint-venture-uk-ireland/ | 2022-05-12T09:19:00Z |
Global payments provider announces intent to acquire French identity verification startup, increasing trust and safety as digital economy continues to grow
LONDON, May 12, 2022 /PRNewswire/ -- As part of its drive to expand its financial services offering, global cloud-based payments provider Checkout.com today announced its intent to acquire digital identity verification (IDV) startup, ubble.
The deal—slated to close later this year pending regulatory approval—comes amid the continued growth of online transaction volumes around the world, and the concurrent increased risk of fraud and money laundering. It also supports Checkout.com's mission to enable businesses and their communities to thrive in the digital economy.
The acquisition of ubble will enable Checkout.com to expand its current suite of financial products that allows fintechs and e-commerce merchants to accept and send payments to and from their customers, while managing the financial risk involved.
The addition of IDV capabilities will support another important aspect of the payment journey: ensuring merchants and fintechs are compliant with local regulations, can verify that their customers are who they say they are, and can stay ahead of potential changes to the complex EU and global regulatory landscape in the future.
Co-founded in 2018 by CEO François Wyss, CRO Juliette Delanoe and CTO Nicolas Debernardi, ubble pioneered the technical foundations of real-time video-based identity verification, and today has almost 100 people employed in its French offices. The company's flagship solution enables the automated verification of a user's identity for over 2000 types of documents from 214 countries and territories, using best-in-class machine learning models.
"ubble was founded with a mission to provide people with the convenience and security of using their personal identity in the digital world—and that is clearly becoming a growing need for e-commerce and crypto merchants, digital wallets, and other fintechs we serve," explained Meron Colbeci, chief product officer at Checkout.com.
"We were impressed with the ubble team, their ability to rapidly drive machine-learning innovation in a complex and challenging space, and their market-leading engineering talent. By partnering more closely, we can significantly accelerate their already ambitious roadmap and bring the benefit of their cutting-edge technology to our thriving ecosystem of merchants."
"For the past four years our team has worked to build a technology foundation that establishes trust between online services and their users, and respects and protects the privacy of identity data across the board," added ubble CEO Wyss. "With today's exciting news, we can increase the velocity of our IDV innovation journey, help to evolve the Checkout.com payments technology stack even further, and amplify and extend our collective reach and benefit to merchants around the world."
To date, ubble—which was funded by Partech, Breega, Kima Ventures and other angel investors—has gained traction with many of the french fintechs, ride-hailing and delivery apps, as well as major banking networks and traditional financial institutions. Its success has been driven by an uncompromising approach to security and compliance and the development of its proprietary technology.
From here, the potential use cases remain far-ranging—especially considering the role that IDV can play in marketplaces, issuing or crypto trading, for example.
"We always put the needs of our merchants first," added Colbeci. "By expanding our security and fraud detection capabilities, we can reduce the time, cost and friction those merchants experience with existing IDV solutions. And they can offer their end consumers a simple and compelling experience, which lends itself to increased conversion rates and faster growth."
For more information, please visit www.checkout.com.
About ubble
Founded in 2018 by François Wyss, Juliette Delanoë and Nicolas Debernardi, ubble is a European remote identity verification service. Its mission is to build trust between online services and their users, to allow everyone to use their civil identity in the digital world in a simple and secure way. ubble facilitates remote contact, protects companies and users from identity fraud and optimizes the performance of customer journeys. Its proprietary real-time video recognition technology, based on identity expertise and artificial intelligence, is industrial and proven. ubble supports private companies (Treezor, Crédit Agricole, Uber Eats), startups (Younited Credit, Yousign, Stuart) and public actors (BPifrance, Government of New Caledonia, Ministry of Culture).
About Checkout.com
Checkout.com is a global payments solution provider that helps businesses and their communities thrive in the digital economy. Purpose-built with performance, scalability and speed in mind, our modular payments platform is ideal for enterprise businesses looking to seamlessly integrate better payment solutions. With more than 1900 people across 19 offices worldwide, we offer innovative solutions that flex to your needs, valuable insights that help you get smart about your payments' performance, and expertise you can count on as you navigate the complexities of an ever-shifting world. It's why businesses like Crypto.com, Veepee, Getty Images, Grab, SHEIN, Sony, Binance and Wise trust Checkout.com.
View original content:
SOURCE Checkout.com | https://www.whsv.com/prnewswire/2022/05/12/checkoutcom-acquire-ubble-increase-trust-safety-digital-economy/ | 2022-05-12T09:19:07Z |
SKÅNES FAGERHULT, Sweden, May 12, 2022 /PRNewswire/ --The participants in LTI 2019 have the right to receive 99,184 shares, but as the performance-based terms have not been met, 49,592 shares will be transferred. In accordance with the terms of LTI 2019, 24,796 shares have a purchase price for the participants of SEK 114.00 and 24,796 shares have a purchase price of SEK 171.00. Under the authorisation from the annual general meeting 2022, the board of Concentric has resolved to sell a maximum of 49,592 shares on Nasdaq Stockholm. The difference between the sale price and the purchase price in the terms of LTI 2019 will be paid to the participants.
Transfer of own shares on Nasdaq Stockholm shall be made at a price within the stock market price interval registered at any given time, such interval being the interval between the highest purchase price and the lowest sales price. The transfers shall be executed by a bank in accordance with Section 5.1.1 part H of the Nasdaq Issuer Rules from 1 February 2021 and otherwise in accordance with all applicable rules and regulations.
For information on the transaction of own shares, please see www.nasdaqomxnordic.com. Transactions of own shares will not be press released separately, unless mandatory disclosure obligations apply.
The total number of holdings of own shares in Concentric at the time of this press release was 115,965 and the total number of shares in issue was 38,297,600. Consequently, the company's total holdings of own shares represent 0.3% of the total number of shares. In addition to this, the total number of own shares transferred to the ESOT are 251,727. Including these shares the company's holdings was 367,692 representing 1.0% of the total number of shares.
This information is of the type that Concentric AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.30 CET on 12 May, 2022.
CONTACT:
For further information, please contact Gregory Asante, +44 7977 149 348
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Concentric AB | https://www.whsv.com/prnewswire/2022/05/12/concentric-ab-transfer-own-shares/ | 2022-05-12T09:19:14Z |
GÖTEBORG, Sweden, May 12, 2022 /PRNewswire/ -- Volvo Trucks and Deutsche Post DHL Group have signed a cooperation agreement to accelerate the shift to zero exhaust emission vehicles. DHL intends to intensify its transition to heavy electric trucks by deploying a total of 44 new electric Volvo trucks on routes in Europe.
The intended order includes 40 electric trucks of the model Volvo FE and Volvo FL, to be used for package deliveries in urban transports. Electric trucks for longer routes are also part of the scope and DHL has decided to begin using Volvo trucks for regional hauling, starting with four Volvo FM Electric trucks in the UK.
The first trucks have been ordered already, six by DHL Parcel UK and two by DHL Freight. This will result in annually savings of nearly 600 tons of CO2 and nearly 225,000 liters of diesel fuel for Deutsche Post DHL Group.
"We are committed to meet growing customer demand for green and sustainable solutions and achieve our long-term goal of net zero emissions by 2050. As a logistics service provider, the conversion of our vehicle fleet is an important lever to help us avoid CO2 emissions on the road as well. Several of our divisions will thus benefit from this agreement with Volvo Trucks," explains Pablo Ciano, Executive Vice President for Corporate Development at Deutsche Post DHL Group.
An important factor in DHL's decision to ramp up the transition to zero emission vehicles is due to the positive experience it has with using an electric Volvo truck in London since November 2020 – making last mile deliveries into the West End shopping district. The vehicle was the very first fully electric commercial heavy truck used for urban logistics in the UK.
"DHL is an important global logistics provider, committed to reduce its impact on climate change. Together we can make a difference for the better and I'm proud we will work in the spirit of partnership, aiming to reach our science-based targets to reduce our climate impacts," says Roger Alm, President at Volvo Trucks.
The cooperation involves adoption of new Volvo technologies and joint development activities within the field of electrification. The agreement also includes analysis by Volvo Trucks of DHL's transport operations, with the goal to ensure successful deployment of tailor-made electrical transport solutions.
Volvo Trucks is leading the market for heavy all-electric trucks in Europe, with a market share of 42% in 2021. Already in 2019, Volvo Trucks started serial production of electric trucks, as one of the very first truck brands in the world to do so. The company has delivered electric trucks to a wide range of customers in Europe, North America and Australia.
LINK to high resolution images
LINK to related press release
Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29
Press images and films are available in the Volvo Trucks image and film gallery at http://images.volvotrucks.com.
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95.000 people and serves customers in more than 190 markets. In 2021, net sales amounted to about SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE AB Volvo | https://www.whsv.com/prnewswire/2022/05/12/dhl-volvo-trucks-kick-off-new-zero-emission-cooperation-with-order-up-44-electric-trucks/ | 2022-05-12T09:19:21Z |
- Enabling Encentive's community to launch turn-key DeFi modules across multiple blockchains
SINGAPORE, May 12, 2022 /PRNewswire/ -- Turn-key DeFi module builder Encentive has signed on with Celer to enable Encentive module builders to access Celer's best-in-class cross-chain token bridge, cBridge, expanding access to liquidity, including efficient and easy-to-use liquidity management tools and developer features such as general message bridging for DEXs and NFTs.
Encentive is poised to exponentially increase crypto adoption and everyday use cases with the Encentive DeFi Module Builder (EDMB). EDMB is a turn-key solution that enables community leaders, influencers, and enterprises to instantly create and customize modules for their own DeFi marketplaces for crypto tokens and NFTs, including capabilities for farming, staking, NFT market places, GameFi, OTC, etc. With these tools community leaders can dramatically increase the empowerment and growth potential of the communities they serve. With Encentive, anyone with a community following can create a DEX overnight and customize the DEX's properties to best serve and incentivize that community.
Encentive is also the first DeFi platform to enable decentralized fiat-to-crypto on/off ramps, allowing users to seamlessly employ DeFi functions that require crypto transactions from their wallet addresses as well as credit card payment options.
Celer's cBridge will enable instant transfer of tokens across Ethereum, Arbitrum, Polygon, Binance Smart Chain, and more. Anyone can provide liquidity on cBridge or stake in cBridge's supporting pillar, the State Guardian Network, to share transaction fee earnings.. cBridge is entirely non-custodial and trust-free. That means users do not need to trust any cBridge node to make the crossing safe and smooth.
Encentive will empower users and organizations to incentivise their communities with sophisticated DeFi marketplace tools such as staked and farmed trading pairs, customized liquidity provider fees, native tokens & NFTs, airdrop functions, and user referral rewards. Moreover, as the Encentive ecosystems grow, an innovative model of shared liquidity bonded across all DEXs deployed on Encentive will give early stage projects a strong foundation for growth.
About Celer
Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
Follow Celer Network:
Website: https://www.celer.network
Twitter: https://twitter.com/CelerNetwork
Telegram: https://t.me/celernetwork
About Encentive
Encentive enables code-free overnight deployment of peer-to-peer DeFi marketplaces starting from a community of one. Any individual or organization can establish the next great DeFi marketplace almost instantly, complete with farming and staking, fine-tuned to benefit and serve the governance needs and trading preferences of their own unique communities and missions. The Encentive DeFi Dex Builder gives users the power to build their own core teams and communities around their own style of incentives, setting and adjusting transaction fees, stake-pool interest, referral rewards, governance protocols, and more.
Website: https://encentive.io
Twitter: https://twitter.com/Encentive_io
Telegram: https://t.me/Encentive_official
View original content to download multimedia:
SOURCE Encentive | https://www.whsv.com/prnewswire/2022/05/12/encentive-integrates-celers-cbridge-cross-chain-interoperability-protocol/ | 2022-05-12T09:19:27Z |
- Hanwha Solutions will expand its solar module factory in U.S. and cell production facility in Korea, to meet the growing global demand for reliable and sustainable energy.
- The investments aim to provide a reliable supply of renewable energy amid growing market uncertainties. It will help countries hedge against rising fossil fuel prices to achieve their goals of energy security.
- Hanwha also aims to boost supply of low-carbon polysilicon toward its solar manufacturing. By working with partners around the world, the company aspires to realize its vision of being a "completely clean energy solutions provider."
SEOUL, South Korea, May 12, 2022 /PRNewswire/ -- Hanwha Solutions, the Korean company that owns completely clean energy solutions provider Qcells, today announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions.
Hanwha said it will seek to spend $170 million building a 1.4-gigawatt solar module production facility in the US. Qcells already operates a 1.7 gigawatt module factory in Dalton, Georgia. With the newly-built factory expected to come online as early as the first half of 2023, Qcells' total production capacity in the U.S. will exceed 3 gigawatt – equivalent to one-third of current US solar module production capacity.
The company also announced its plan to expand cell production capacity in Korea. By investing $150 million, the company will expand its cell factory in there. When the factory expansions are complete next year, overall cell capacity in Korea will be 5.4-gigawatts. It is the first investment in Korean solar cell manufacturing in five years.
The investments aim to address growing demand for renewable energy, as ongoing energy market turbulence has sent fossil fuel prices soaring. Already worsened by a global supply squeeze during the pandemic, these price fluctuations have prompted calls around the world to reduce fossil fuel dependence aiming for energy security and carbon reduction.
"Growing uncertainties tell us that securing reliable, sustainable energy has become more important than ever before," said Justin Lee, CEO of Hanwha Qcells. "To do this, Qcells will increase renewable supply from diversified sources and find cleaner ways to produce energy. That way, we will contribute to both energy security and net-zero emissions."
To improve and further decarbonize its solar panel production process, Hanwha Solutions will secure low-carbon polysilicon from manufacturers around the world. In April, the company agreed with Korean polysilicon manufacturer OCI to receive polysilicon made in factories using carbon-free hydroelectricity. OCI will provide Hanwha with "clean polysilicon" for the next 10 years.
Other sources are providing low-carbon polysilicon to Hanwha as well. In March, the company became the largest shareholder of REC Silicon, the Norway-headquartered polysilicon manufacturer, which operates massive production facilities in the US. REC Silicon similarly uses hydropower to make solar-grade polysilicon at its production facility in Moses Lake, Washington.
Faced with soaring energy prices in Europe, the company also came up with solutions to lower heating bills. Qcells is working with Samsung Electronics to introduce a smart heating system with the aim of hitting the market in June. Combing Qcells' solar panels and energy storage system with Samsung's Eco Heating System, it will lower heating bills for households in Europe.
Hanwha Solutions' decision to expand the Qcells' module factory in the U.S. comes as a part of its effort to help rebuild the domestic US solar supply chain. It will create good-paying job opportunities for generations to come. Already employing approximately 750 staff at its module production facility in the U. S., Hanwha aims to further boost the number of local jobs with the opening of the new module production facility.
Upon the implementation of long-term, durable policy designed to incentivize solar manufacturing, Hanwha will further expand investments in the US, including wafers and cells. This requires implementing a "whole-of-government" approach, including smart trade policy, strengthened Buy American rules, and especially long-term domestic manufacturing tax legislation.
"Ensuring policy certainty is crucial to realizing our goal of rebuilding the US solar value chain," said Lee. "With our relentless efforts to provide reliable, sustainable energy, we will do our utmost to solidify Qcells as the dependable choice for the U.S. solar market."
Hanwha Solutions aims to deliver sustainable solutions for the planet through smart energy solutions and customer-focused materials. The Company operates its business through five divisions: Q CELLS, Chemical, Advanced Material, Galleria and City Development. The Q CELLS Division offers total energy solutions from photovoltaic module manufacturing, power plant operation to electricity retailing service. The Chemical Division, the first in Korea to produce polyvinyl chloride (PVC), manufactures various petrochemical products and eco-friendly plasticizers. The Advanced Materials Division produces high-tech materials for automotive, photovoltaic and electronic devices. The Galleria Division, an operator of premium department store chain, provides premium fashion and food services. The City Development Division is a leading real estate developer specializing in industrial complexes. With its innovative technologies for sustainable growth, Hanwha Solutions strives to become a global leader in bringing a better future for humanity.
View original content to download multimedia:
SOURCE Hanwha Solutions | https://www.whsv.com/prnewswire/2022/05/12/hanwha-invests-320m-cell-module-manufacturing-capacity-expansions-meet-growing-solar-demand/ | 2022-05-12T09:19:34Z |
PARIS, May 12, 2022 /PRNewswire/ -- HOPIUM, the first French manufacturer of hydrogen-powered vehicles, is partnering with Bridgestone, a global leader in tyres and sustainable mobility solutions, to develop premium tyres for its high-end sedan, Hopium Machina.
The goal of the partnership is to design bespoke tyres with low rolling resistance technology, a major factor to enhance the vehicle's 1,000km driving range. The tyres will be created using Bridgestone's proprietary Virtual Tyre Development technology, providing significant benefits in terms of both efficiency and sustainability.
Under its overarching Bridgestone E8 Commitment, the company has pledged to support the realisation of a sustainable society by providing social and customer value throughout every area of its business and operations, together with partners.
Olivier Lombard, Hopium's CEO and founder said: "Since its start, Hopium has made it a point of honour to collaborate with the best in their fields. Today, this strategic agreement with a renown industrial world leader constitutes a major milestone in our ambitious roadmap. With considerable expertise in designing tyres and tyre technologies for newer types of mobility, Bridgestone will surely bring valuable learnings to the partnership, helping us live up to the challenges ahead."
Steven De Bock, VP Consumer Replacement and OE, Bridgestone EMIA said: "This exciting partnership with Hopium once again demonstrates our support for the next generation of innovative mobility pioneers. We're placing our recognised expertise at the service of a real game-changer in the field of zero-emission mobility and helping bring about a more sustainable future of mobility in the process."
ABOUT HOPIUM
Olivier Lombard, the youngest winner of the 24 hours of Le Mans, founded Hopium, a manufacturer of high-end hydrogen-powered vehicles, as an achievement resulting from his experience acquired on the racing circuits. With the automotive culture in his heritage, Olivier Lombard has driven for 7 years hydrogen- powered racing cars, making him the world's most experienced racer in this field. As an open-air laboratory, the race has allowed Olivier Lombard and his team to reflect on new mobility solutions to meet today's environmental challenges. While the transportation sector alone is responsible for 20% of greenhouse gas emissions, the company is positioning itself as a player in climate change. Hopium brings together a team of experts and leading partners at the forefront of innovation in the fields of hydrogen fuel cells, technology, and automotive engineering.
Follow us on Instagram, Linkedin, Youtube, Twitter.
ISIN: FR0014000U63
Mnemonic: ALHPI
ABOUT BRIDGESTONE
Bridgestone in Europe, Russia, Middle East, India, and Africa (Bridgestone EMIA) is the regional Strategic Business Unit of Bridgestone Corporation, a global leader in tyres and sustainable mobility solutions. Headquartered in Zaventem (Belgium), Bridgestone EMIA employs more than 20,000 people and conducts business in 40 countries across the region.
Bridgestone offers a diverse portfolio of premium tyres, tyre technologies and advanced mobility solutions. The company's vision is to provide social and customer value as a sustainable solutions company. The Bridgestone E8 Commitment – a framework of eight values (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease and Empowerment) – guides strategic priorities, decision making, culture evolution and sustainability actions towards the achievement of this vision.
For more information about Bridgestone in EMIA, please visit press.bridgestone-emia.com. Follow us on Facebook, Instagram, YouTube and LinkedIn.
Logo - https://mma.prnewswire.com/media/1816222/Hopium_Logo.jpg
Logo - https://mma.prnewswire.com/media/1816221/Bridgestone_Logo.jpg
View original content to download multimedia:
SOURCE Hopium | https://www.whsv.com/prnewswire/2022/05/12/hopium-partners-with-bridgestone-develop-bespoke-tyres-hydrogen-powered-hopium-machina/ | 2022-05-12T09:19:41Z |
21Shares Launches First DeFi ETP in Europe and Layer 1 Index ETP
- With the 21Shares DeFi 10 Infrastructure ETP, 21Shares is the first provider in Europe to launch an ETP based on a DeFi index.
- The 21Shares Layer 1 ETP invests exclusively in Layer 1 blockchains, which represent the technical basis of the DeFi universe and the entire crypto industry.
ZURICH, Switzerland, May 12, 2022 /PRNewswire/ -- 21Shares AG ("21Shares"), a Swiss-based issuer of crypto Exchange Traded Products (ETPs), today announces the launch of the new 21Shares Layer 1 and 21Shares DeFi 10 Infrastructure ETPs on SIX Swiss and BX Swiss Exchange respectively. Both of these new products allow investors to invest in the services and technical fundamentals of the DeFi industry.
21Shares Layer 1 ETP offers thematic exposure to blockchain foundations
The 21Shares Layer 1 ETP (symbol: LAY1) is listed on SIX Swiss Exchange as of today, May 12, 2022, and offers investors targeted exposure to the blockchains that form the technical foundation of the DeFi universe. To this end, LAY1 tracks an index which was custom-tailored by index provider Vinter and invests in an index that includes the fiv largest Layer 1 blockchains - with a maximum weighting of 30 percent per blockchain. Rebalancing is conducted on a quarterly basis.
21Shares DeFi 10 Infrastructure ETP: dApps for the future of finance
The 21Shares DeFi 10 Infrastructure ETP (symbol: DEFII) is planned to be listed on BX Swiss Exchange on May 18, 2022. It is designed to provide investors targeted exposure to the emerging decentralized financial services (DeFi) industry rooted in blockchain technology, and tracks the results of a customized index also created by Vinter. This index tracks a combination of the price performance of decentralized DeFi applications ("dApps") and Layer 1 blockchains, which form the technological basis of DeFi. Each comprises 50 percent of the overall index. The assets in both categories are ranked by market capitalization and reweighted quarterly.
Ophelia Snyder, Co-founder and President of 21Shares, comments:
"Our financial system is at the beginning of a paradigm shift. A plethora of new blockchain-based applications around DeFi and Web3 are already under development and making enormous progress. They are the components of a completely new, democratic and inclusive financial system. With our new thematic crypto ETPs, we're providing investors with two broadly diversified investment vehicles at the ideal time to participate in this revolution."
About 21Shares:
21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world's first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure and regulated way to buy, sell and short cryptocurrency through existing bank and brokerage accounts. 21Shares is a Swiss company registered in Zug, Switzerland with offices in Zurich and New York City. For more information, please visit www.21shares.com.
Press Contact
Arielle Sobel, Head of Global Communications
Disclaimer:
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. This document constitutes advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities to sell or a solicitation of an offer to purchase in or into the United States, Canada, Australia, or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain ) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain the 2021 Base Prospectus (EU) is made available on the Issuer's website under www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.
View original content to download multimedia:
SOURCE 21Shares | https://www.whsv.com/prnewswire/2022/05/12/investing-defi-revolution-21shares-launches-layer-1-defi-etps/ | 2022-05-12T09:19:50Z |
LONDON, May 12, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that multinational IT services company, Centric has selected IFS Cloud™ to advance its digital transformation and centralise its IT environment. IFS solution partner Eqeep, will implement and support the solution and roll it out across Centric's entire operations, encompassing sites across ten European countries.
Following a competitive tender process, Centric chose IFS Cloud due to its ability to offer its customers a one-stop shop for services, backed by a single version of the truth.
By purchasing all the modules within IFS Cloud - from ERP to HR, projects, service management and finance – Centric can coordinate activities across all its business units, streamline its operations and eliminate shadow IT. This will also help Centric deliver a more collaborative customer service effort across all operational areas, reduce total cost of ownership, and ensure it is well positioned for future growth.
Software solution partner Eqeep's expert engagement with Centric and knowledge and understanding of the capabilities and benefits of IFS Cloud played a key role in sealing the contract.
Erry-Robbert de Boer, CEO, Eqeep, said: "We are extremely proud to be a partner to Centric and that we are going to implement and support the IFS Cloud solution. Centric is a well-known IT services and solution provider across multiple countries and we will enable Centric in the realization of their goals by providing them with our knowledge and expertise. We are looking forward to our collaboration and to roll out the full capability of IFS Cloud across the Centric business."
In the past, Centric operated a decentralised IT operations model. Every country was responsible for its own IT solutions, many of which were legacy, making it difficult to drive through digital transformation and growth. Recently, Centric formulated a new digital strategy, of which a key part was centralising core business IT.
Once implemented, Centric expects there will be 800 full-time users of the IFS Cloud solution, together with an additional 4,000 consultant users who will all have some interaction with IFS Cloud modules. These will be across the ten countries including Belgium, Germany, France, Lithuania, Luxembourg, the Netherlands, Norway, Romania, Sweden, and Switzerland. Through the implementation, roll-out and beyond, IFS will continue to engage with Centric through steering committees, quarterly business reviews and regular update meetings.
Patrick Rosengarten, Chief Financial Officer, Centric, said: "Choosing IFS Cloud to centralize our core business IT will enable Centric to better steer our business across the board. Furthermore, it will help us shift focus towards our own digital transformation and future growth."
Frank Beerlage, General Manager, Benelux at IFS said: "Centric is a long-time partner of IFS and we are thrilled that they have chosen to build on that relationship by purchasing and rolling out IFS Cloud across their business. The use of IFS Cloud will help drive fast time to insight and action at Centric, enabling them to be more agile while accelerating their digital transformation, safe in the knowledge that they are working with one version of the truth across all their operations."
About Centric
Centric is an IT organization with 3,700 professionals in the Netherlands, Belgium, Germany, France, Lithuania, Luxembourg, Norway, Romania, Sweden and Switzerland. In the Netherlands alone, Centric serves over 3500 customers, with over 200 Software, IT Outsourcing, Business Process Outsourcing and Staffing activities. Many end users rely on Centric solutions in their work every day. Centric has a strong focus on the Public Sector, Logistics & Retail and Finance & Insurance. In 2020, Centric recorded sales of 437 million euros, an EBIT of 16 million euros and solvency of 43%.
About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers—at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
About Eqeep
Eqeep, founded in 2013, is a certified Gold Services and Channel/Reseller partner of IFS. With our business consulting and implementation-, optimization- and support-services for Service- & Infrastructure Industry, Process Manufacturing and Discrete Manufacturing, we enable our customers to keep focus on their customers and core-business. Our mission – We empower organizations to stay ahead in their business – ensures that we continuously focus on our customers and continuously develop knowledge of the industry our customers are active in. This in combination with of our experts for the IFS Cloud solution – Enterprise Resource Planning [ERP], Enterprise Asset Management [EAM], Enterprise- & Field Service Management [ESM & FSM] – and solutions for Data- & Application Integration, Process Mining and Digital Twin of an Organization we focus to be a partner for our customers. For more information or to get acquainted with Eqeep visit us at www.eqeep.com.
IFS Press Contacts:
MEA & APJ: Adam Gillbe
Corporate Communications
Email: press@ifs.com
Phone: +44 7775 114 856
USA: Mairi Drysdale
Corporate Communications
Email: press@ifs.com
Phone: +1 520 396 2155
Europe: Marie-Christin Hansen
Corporate Communications
Email: press@ifs.com
Phone: +44 755 306 1878
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE IFS | https://www.whsv.com/prnewswire/2022/05/12/it-services-giant-centric-selects-ifs-cloud-eqeep-centralize-operations-drive-growth-across-europe/ | 2022-05-12T09:19:57Z |
Project enables UK transition to sustainable energy systems of the future
DALLAS, May 12, 2022 /PRNewswire/ -- Jacobs (NYSE:J)/Morrison Energy Services Joint Venture – J1M – was awarded three contracts to support Pembroke, Lackenby and Bramley substation projects under energy utility National Grid's six-year Substations Engineering Procurement Construction Framework in the U.K.
As principal designer and contractor, the Jacobs/Morrison Energy Services Joint Venture is progressing detailed design and early works on the Pembroke substation project in Wales, to connect it to Ireland's Greenlink interconnector, one of Europe's most important energy infrastructure projects. Work includes the design, supply, installation and commissioning of a new 400kV gas-insulated switchgear (GIS) extension in the existing substation.
J1M is also supporting the connection of the Dogger Bank C windfarm on the east coast at Teesside into the transmission network at Lackenby substation. When complete this will connect an installed generation capacity of 1.2GW from Dogger Bank C, providing enough clean energy to power up to two million homes.
In Hampshire, J1M will deliver National Grid's new 25kV Holly Cross substation and connect it to the Bramley 400kV substation to supply Network Rail. J1M will also support in managing rural ecological requirements and local stakeholder engagement on all projects.
"With the U.K.'s ambition to quadruple energy from offshore wind by 2030, these projects play an essential role in expanding transmission capacity to the grid," said Jacobs People & Places Solutions Senior Vice President Europe and Digital Strategies Donald Morrison. "Our integrated team combines deep technical experience and major projects capability to drive agile solutions that challenge the norm and support a sustainable energy system for tomorrow."
"This is a great opportunity for Morrison Energy Services, as an established energy networks service provider, to help drive forward the U.K.'s essential transition to the sustainable energy systems of the future," said Morrison Energy Services Managing Director Peter Carolan. "We are proud to be part of building a sustainable future that will ensure our homes and businesses are increasingly powered by clean energy."
From technical consultancy and engineering design, to infrastructure management services and operations and maintenance, Jacobs is providing extensive end-to-end solutions for offshore wind power development efforts — like Germany's SuedLink Program — to help meet the increasing global demand for affordable clean energy. Jacobs is also looking at the feasibility of the production and supply of green hydrogen for renewable energy company RWE's Pembroke Power Station.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Morrison Energy Services works with national energy networks to repair, renew, refurbish and maintain the country's gas and electric infrastructure, with a key focus on decarbonisation to support the transition to a Net Zero Economy. With a workforce of over 1,200 people, operating 365 days a year in local communities, Morrison Energy Services works hard to keep the lights on, households warm and appliances running. Morrison Energy Services is a part of M Group Services. www.morrisones.com
With approximately 9,000 people working from 100 locations, M Group Services delivers a range of essential infrastructure services within the water, energy, transport and telecommunication sectors in the U.K. www.mgroupservices.com
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
View original content to download multimedia:
SOURCE Jacobs | https://www.whsv.com/prnewswire/2022/05/12/jacobs-morrison-energy-services-secure-national-grid-projects/ | 2022-05-12T09:20:03Z |
- New OpenBlue Innovation Center at Cork HQ to further research and development into cutting-edge sustainability solutions
- Johnson Controls OpenBlue technology helps customers deliver decarbonization and renewable energy goals while optimizing building performance
- Irish Government through IDA Ireland to support Johnson Controls to work on next generation OpenBlue technology and solutions
CORK, Ireland, May 12, 2022 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings today announced that it will open an OpenBlue Innovation Center in its global HQ at One Albert Quay, Cork, Ireland.
The OpenBlue Innovation Center in Cork aims to create a future-ready built environment for both local and global customers and is part of an international network of OpenBlue Innovation Centers working to pioneer new ways to provide smart, healthy and sustainable spaces for customers.
"We are very pleased to be launching our OpenBlue Innovation Center in Cork. This center will be focused on working with our customers to identify solutions for them to hit decarbonization and renewable energy goals while optimizing building performance," said Tomas Brannemo, vice president and president, Building Solutions EMEALA at Johnson Controls. "This center will serve as our regional center of excellence to bring clients to see Johnson Controls' latest cutting-edge innovations on how to solve for net zero".
Fitted with the most advanced Johnson Controls building technology solutions, the OpenBlue Innovation Center will be a showcase of the latest and most innovative solutions from the company in a live environment. The research and development grant Johnson Controls received from the Irish government will support engineering activities at the center, including developing a professional services hub for the Europe, Middle East, Africa and Latin America region over a two-year period. Johnson Controls' research and development presence has grown substantially in recent years and it is expected that 18 new research and development roles will be created as a result of the OpenBlue Innovation Center, in addition to 40 roles already in place working on the next generation solutions for Johnson Controls and its customers.
Research and development at the OpenBlue Innovation Center will focus on the global priority to reduce carbon emissions in the building sector. The building sector accounts for nearly 40 percent of global annual CO2 emissions, making it a key focus area in the pursuit of a net zero world.
"Our partnership with the Irish government through IDA Ireland shows how governments and industry can drive real change. The financial support will allow us to increase our headcount, which will contribute not only to the local economy, but also to the development of our OpenBlue net zero solutions globally to have a positive impact on climate change," said Eamonn Hughes, vice president and general manager, Digital Solutions EMEALA at Johnson Controls.
Welcoming the investment, IDA Ireland's Head of Engineering and Green Economy, Eileen Sharpe added: "IDA Ireland is committed to supporting the work of world class companies such as Johnson Controls to utilize the latest developments in AI, Data Analytics and Cloud Architecture to build new technologies to enable a more sustainable world. This is a most welcome investment for Cork and for Ireland and is in line with our strategy aim to develop Ireland as a leading location for Sustainability Engineering solutions."
OpenBlue, Johnson Controls' suite of connected solutions, is a key enabler changing the face of sustainability for customers today, through smart buildings technologies designed for operational energy efficiency, occupant comfort and sustainability. Cutting-edge solutions such as OpenBlue Net Zero Buildings can help drive significant improvements in energy efficiency and corresponding carbon emissions.
The OpenBlue Innovation Center in Cork will launch on May 12, 2022.
About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
Building on a proud history of more than 135 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.
About Johnson Controls OpenBlue Innovation Centers
Johnson Controls was founded on innovation. It is in our DNA. Today, our OpenBlue Innovation Centers write the next chapters of this proud history, emphasizing seamless collaboration between expert teams to find new ways of providing smart, healthy and sustainable spaces. Powering the blueprint of the future.
View original content to download multimedia:
SOURCE Johnson Controls International plc | https://www.whsv.com/prnewswire/2022/05/12/johnson-controls-spearheads-sustainability-innovation-global-headquarters-cork-ireland/ | 2022-05-12T09:20:10Z |
LINKÖPING, Sweden, May 12, 2022 /PRNewswire/ -- International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has signed a contract with Kent and Medway Medical Imaging Consortium. The new agreement will help a consortium of trusts deliver faster diagnoses, improve capacity and deliver community diagnostics. Benefits from utilizing the same imaging system as many other trusts across large of South East England are also expected.
Sue Lang, who has worked as program lead for the consortium and radiology transformation program manager for East Kent Hospitals University NHS Foundation Trust, said: "The new system will make important diagnostic images instantly available across our trusts to diagnostic reporters and people delivering care. It will also support improved access to imaging across large parts of South East England, where many other hospitals also use the Sectra PACS.
"Patients can expect their imaging to follow their care journey—whether that's within our consortium or beyond. For example, cancer patients often move to specialist centers, and others are referred to London hospitals as part of a trauma network and then come back to us, so it is key that we can easily share and access imaging."
Radiologists and other clinicians at East Kent Hospitals University NHS Foundation Trust, Maidstone and Tunbridge Wells NHS Trust, and Medway NHS Foundation Trust will be able to easily access images such as x-rays, CT scans, MRIs, ultrasounds, and more regardless of where in the consortium a patient has had their medical imaging captured.
Timely and more informed diagnoses and clinical decisions are expected for patients due to improved imaging access, and trusts across the region will be able to pool their resources and balance the workload of scarce radiologists and specialists. Better discoverability and accessibility of images will also lead to enhanced patient safety by avoiding unnecessary duplicate scans and associated radiation exposure for patients.
The radiology module of Sectra's enterprise imaging solution will be implemented across the trusts alongside Sectra's vendor neutral archive. In addition to the initial focus on radiology and medical photography, the enterprise imaging solution provides the potential to expand the program to other diagnostic disciplines in the future—for example, digital pathology.
The Sectra solution will support up to 1.4 million exams each year across the consortium. It will simplify the processes for multi-disciplinary meetings—with easy availability of images creating efficiencies. The program will also reduce the need for staff to log in and out of different radiology systems. Third-party visualization tools, for example, will now open and close in patient context in the PACS, and PACS-based reporting, integrated into the consortium's radiology information system, will reduce the need for radiologists to manually access the RIS. The new system will also integrate into the Kent and Medway Breast Screening Service PACS, already provided by Sectra.
Trusts in the region will also be able to make the most of AI potential, with interoperable applications expected to seamlessly integrate with the new PACS and radiology workflows.
The contract was signed in April 2022 and draws on the Sectra One subscription model that allows easy scalability of the solution.
Jane Rendall, managing director at Sectra in the UK and Ireland, said: "Accurate and timely diagnosis is key to informing appropriate treatment. Trusts in Kent will become better connected with each other and with others in the region, as they modernize diagnostic imaging to ensure the best outcomes for patients and create the best possible working conditions for radiologists and healthcare professionals."
About Sectra
Sectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society's most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2020/2021 fiscal year totaled SEK 1,632 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra's website.
For further information, please contact:
Dr. Torbjörn Kronander, CEO and President Sectra AB, +46 (0)705 23 52 27
Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, +46 (0)708 23 56 10
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Sectra | https://www.whsv.com/prnewswire/2022/05/12/kent-nhs-trusts-uk-modernize-patient-diagnostics-with-sectra-multi-hospital-collaborative-environment/ | 2022-05-12T09:20:17Z |
HONG KONG, May 12, 2022 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; 1024.HK), a leading content community and social platform, today announced that it will report its unaudited consolidated first quarter results for the three months ended March 31, 2022, after the Hong Kong market closes on Tuesday, May 24, 2022.
The Company's management will host a conference call on Tuesday, May 24, 2022, at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.
Participants are required to pre-register for the conference call at:
Chinese Line (Mandarin):
http://apac.directeventreg.com/registration/event/5087838
English Simultaneous Interpretation Line (listen-only mode):
http://apac.directeventreg.com/registration/event/6757808
Participants can choose between the Chinese and English simultaneous interpretation options for pre-registration above. Please note that the English simultaneous interpretation option will be in listen-only mode. Upon registration, participants will receive an email containing conference call dial-in details, event passcode and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Additionally, live, and archived webcasts of the conference call, for both Chinese and English simultaneous interpretation, will be available on the Company's investor relations website at https://ir.kuaishou.com.
Replays of the conference call will be available until May 30, 2022 via the following dial-in details:
Dial-in number: +61 2 8199 0299
Chinese conference ID: 5087838
English simultaneous interpretation conference ID: 6757808
About Kuaishou
Kuaishou is a leading content community and social platform with its mission to be the most customer-obsessed company in the world. Kuaishou has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. At Kuaishou, any user can chronicle and share their life experiences through short videos and live streams and showcase their talents. Working closely with content creators and businesses together, Kuaishou provides product and service offerings that address various user needs that arise naturally, including entertainment, online marketing services, e-commerce, online games, online knowledge-sharing, and more. For more information, please visit https://ir.kuaishou.com.
For investor and media inquiries, please contact:
Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com
View original content:
SOURCE Kuaishou Technology | https://www.whsv.com/prnewswire/2022/05/12/kuaishou-technology-report-first-quarter-2022-results-may-24-2022/ | 2022-05-12T09:20:24Z |
The project can save 485,000 tons of carbon dioxide each year
XI'AN, China, May 12, 2022 /PRNewswire/ -- Only 1 year after its establishment, LONGi Hydrogen wins in the Sinopec Green Hydrogen Demonstration Project, to supply world leading large scale ALK electrolysis equipment. The project is China's first >10,000 ton green hydrogen project and the world's largest green hydrogen project so far.
With a total investment up to RMB 3 billion, this project will build a new 300MW photovoltaic power plant and an electrolytic water hydrogen production plant to generation 618 million kWh green electricity and 20,000 tons green hydrogen per year.
The project is anticipated to be completed and put into operation in June 2023, which will reduce 485,000 tons of CO₂ emission per year to help the China Oil & Gas industry to achieve the emissions and decarbonize target.
LONGi Hydrogen was recognized for its pioneering technology
LONGi Hydrogen will provide world leading large scale water electrolysis equipment with 4 to 1 electrolyzer - Gas-liquid separation devices system to achieve 4000Nm³/h hydrogen production. The system is designed and proven to achieve leading performance of high current density, low power consumption, small footprint, which will help to reduce the cost effectively. The load response of the system is at millisecond level, and the equipment is compatible with IGBT power supplies, adapting optimally to large-scale hydrogen production using renewable energy source.
Li Zhenguo, founder and president of LONGi said that LONGi Hydrogen electrolysis equipment is proven to be reliable, safe and cost-efficient in hydrogen production. The company will continue to increase investment in R&D to drive technology and product innovation. With the construction of digital and intelligent factories, the capacity of LONGi ALK electrolyzer will reach 1.5 GW by the end of 2022 and 5 GW by the end of 2025.
View original content to download multimedia:
SOURCE LONGi Hydrogen | https://www.whsv.com/prnewswire/2022/05/12/longi-hydrogen-wins-worlds-largest-green-hydrogen-project/ | 2022-05-12T09:20:31Z |
Telecommunications group digitizes HR systems on Oracle to support its global workforce
AUSTIN, Texas, May 12, 2022 /PRNewswire/ -- Nokia has selected Oracle Fusion Cloud Human Capital Management (HCM) to consolidate and replace its Human Resources systems in the cloud as part of its global digitalization program. Nokia will use a worldwide deployment of Oracle Cloud HCM to manage all HR processes, including recruitment, compensation, and performance management, for the company's global workforce in its 130 countries of operation.
In 2021, Nokia launched its 'One Nokia Digital' strategy to support the company's competitiveness by digitalizing its operations. As part of these efforts Nokia will replace its on-premises HR systems with Oracle Cloud HCM. Nokia selected Oracle Cloud HCM for its ability to standardize HR processes on a common data platform, which will enable Nokia to provide a consistent employee experience across teams and more easily manage and scale HR services globally.
"Optimizing employee care and experience is a central part of our people strategy. Our aim is to deliver organizational agility, a seamless employee experience, and efficiency gains that support Nokia's competitiveness. We are delighted to partner with Oracle because Oracle Cloud HCM provides a strong foundation to build digital experiences with true user-centricity," said Lisbeth Nielsen, Head of People Experience at Nokia.
"By leveraging best-of-breed solutions like Oracle Cloud HCM, we want to bring Nokia to the next level of digital maturity. The implementation will contribute to increased efficiency and productivity and will provide AI and data capabilities that we can take advantage of to develop business performance and agility," said Alan Triggs, Nokia Chief Digital Officer.
Oracle Cloud HCM will enable Nokia to connect every process across the employee lifecycle, helping improve decision-making and reduce operational costs. With AI-powered technology such as digital assistants and hundreds of new capabilities added each quarter, Oracle Cloud HCM will also enable Nokia to take advantage of the latest innovations and best practices to operate its business more efficiently and better empower Nokia employees, people managers and HR professionals.
"Nokia has a culture of innovation that has enabled it to lead its industry for years, and with Oracle Cloud HCM it now has an integrated platform, powered by the latest emerging technologies, to support its current and future HR needs," said Cormac Watters, EVP Applications EMEA at Oracle.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java and SQL are registered trademarks of Oracle Corporation.
View original content to download multimedia:
SOURCE Oracle | https://www.whsv.com/prnewswire/2022/05/12/nokia-moves-hr-functions-oracle-fusion-cloud-hcm/ | 2022-05-12T09:20:38Z |
Infor helps DBK David + Baader start afresh after cyberattack on on-premises systems
MUNICH, Germany, May 12, 2022 /PRNewswire/ -- Infor, the industry cloud company, has helped automotive supplier DBK David + Baader GmbH (DBK) move to the cloud after the company fell victim to a cyberattack that abruptly knocked out the company's existing on-premises systems last year. The switch came with a go-live using Infor CloudSuite Automotive just three weeks after the attack.
Infor helped with damage control with a team of experts from a wide range of disciplines and worked closely with the company to ensure that DBK was able to restore its production capability as quickly as possible.
Learn more about Infor CloudSuite Automotive: https://www.infor.com/de-de/products/cloudsuite-automotive
Founded in 1946 in Kandel, Palatinate, Germany, DBK David + Baader has established itself as a leading manufacturer of individual solutions in the areas of electrical heating, air conditioning and electronics, primarily for the automotive industry. In addition to the headquarters in Rülzheim, the entire DBK Group includes several subsidiaries in other European countries as well as Asia and other regions overseas. Today, the company has a total turnover of more than 150 million euros and employs around 750 people.
DBK David + Baader is a long-standing customer of Infor and had been using the ERP solution Infor LN in an on-premises installation until October 2021, when cybercriminals suddenly paralysed the entire technical infrastructure with an attack and also damaged all backups. The company not only lost its current data in a matter of seconds but was also forced from one moment to the next to conduct its business processes via paper traffic again. Massive production downtimes and delivery problems were imminent, and with them, the most severe economic damage.
Together with Infor, DBK succeeded in setting up and going live with a new IT system in the cloud within just a few weeks, using the latest technology and under strictly controlled security conditions. This was made possible by the deployment of numerous experts from different Infor divisions, including IT administrators, security and migration experts, who worked around the clock as a crisis team to not only rebuild a system from scratch but also to import data from a backup saved a few days before the attack and restored under the highest security requirements. The latter was done specifically with the help of computers that were operated in isolation from all networks to exclude any danger. It took just two weeks until a new system with the data from the backup was available, which then was tested extensively for another week, and enriched with more up-to-date data until the final go-live. Only a few days later, it was finally possible to reconnect more specialised areas of the company to the system.
With Infor CloudSuite Automotive, DBK now has a technological software suite for company management that is always up to date. In addition, numerous modifications could already be mapped in the standard, which also avoided costly individual configurations and eliminated additional vulnerabilities for secure operation. With the highly standardised platform, the basis has now been laid to make numerous new functions for business intelligence analyses as well as interfaces for networking with suppliers outside in the future.
As a SaaS solution package, Infor CloudSuite Automotive is hosted in Amazon Web Services data centres in Germany, which ensures compliance with European data protection guidelines as well as the highest security standards, and thus also enables user decoupling between the internal company network and the company software.
"Infor's structured approach has significantly contributed to the fact that we were spared serious economic losses," says Dr. Andreas Stratmann, CEO of DBK. "To completely rebuild the IT and go live in just a few weeks is a very special achievement, which is mainly due to our excellent cooperation."
"Especially in a situation like this, every minute counts – structured project management is essential," says Franz Hackl, Infor senior director. "Our focus at Infor has always been on providing excellent service to our customers. That's why we are all the happier about the smooth and efficient cooperation and, above all, of course, the success of the project."
"The project to make a multitenant cloud system available and usable for a customer in just a few weeks, especially with this critical situation at DBK, is a blueprint for further demanding projects in our target markets," says Jens Schmidt, Infor senior account manager. "I experience a level of satisfaction with our customer that is more than enthusiastic. I see the project at DBK as a showcase for what we are capable of doing for our customers."
"The attack on DBK shows that cyberattacks can acutely put a company's economic existence at risk," explains Joachim Harb, Infor senior vice president and general manager for Central Europe. "At Infor, we see it as our responsibility not only to support our customers in an emergency, but also to prevent such attacks by providing cloud technology with the highest security standards."
About DBK
DBK is an expanding, internationally active company hailing from Southern Palatinate, Germany, with headquarters in the town of Rülzheim. For more than 75 years, the company has been focusing on providing sensible and effective means of use of energy, developing individual solutions in the fields of electric heat, air conditioning and electronics.
In addition to its headquarters, the DBK Group maintains several subsidiaries in France, the UK, Hong Kong, the United States, Austria, the Czech Republic, Sweden, the People's Republic of China and Germany, as well as numerous agencies in other European countries.
The roots of the organisation date back to the middle of the last century: In 1946, David & Baader as an organization was first founded by Josef David Sr. and Theo Baader in Kandel, Palatinate, Germany. Visit https://www.en.dbk-group.com/
About Infor
Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries, including industrial manufacturing, distribution, healthcare, food & beverage, automotive, aerospace & defense, and high tech. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time-to-value. We are obsessed with delivering successful business outcomes for customers, and we are continually innovating to quickly solve emerging business and industry challenges. Over 60,000+ organizations in more than 175 countries rely on Infor's 17,000 employees and their deep industry expertise to help overcome market disruptions and achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers, employees and partners. Visit www.infor.com.
Media contact:
LEWIS Communications GmbH
Benjamin Gildein / Lena Seitz
Tel: +49 89 173019 -29 / -33
infor@teamlewis.com
Copyright ©2022 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com
View original content to download multimedia:
SOURCE Infor | https://www.whsv.com/prnewswire/2022/05/12/phoenix-rises-ashes-into-cloud/ | 2022-05-12T09:20:45Z |
GENEVA, May 12, 2022 /PRNewswire/ -- Rivada Space Networks GmbH, a disruptive new company launching a constellation of 600 low-earth-orbit communications satellites, today announced a pledge of $112 million toward creating an Open Access Platform for the ITU Partner2Connect Digital Coalition to help bridge the digital divide.
Today, around 2.9 billion people – 37 per cent of the world's population – have never used the Internet despite a global surge in connectivity in the past two years. An estimated 96 per cent of them live in developing countries.
In response to the continuing challenge of the digital divide, the ITU has launched the Partner2Connect Digital Coalition, a multi-stakeholder alliance to help mobilize resources to transform societies, promote sustainable digital technology uptake, and ensure meaningful connectivity for everyone.
Rivada Space Networks is proud to join pledges from global technology and communications firms such as Microsoft and Vodafone with its own $112 million pledge toward creating an equitable marketplace for satellite capacity through the creation of an Open Access Platform for the ITU Partner2Connect Digital Coalition.
Rivada's approach will positively affect low-income communities, as through this auction mechanism, the market-clearing price of otherwise unsold satellite data capacity will naturally adapt to the local market situation. As a result, unserved or underserved communities that could otherwise not afford a "traditional" satellite connection can be connected at an equitable price. As Rivada's business model is business-to-business wholesale, local entrepreneurs are incentivized, through the availability of equitably priced wholesale capacity, to bring connectivity to their communities.
Rivada Space Networks Founder Declan Ganley commenting on the Partner2Connect initiative, said: "We believe that creating affordable connectivity through local entrepreneurship is the key to sustainable development. With the pledge we are announcing today, we aim to leverage the unique strengths of our satellite communication system combined with our dynamic pricing and open access technology to enable efficient use of spectrum and bring meaningful connectivity to remote and underserved communities."
Doreen Bogdan-Martin, Director of the ITU Telecommunication Development Bureau, said: "I welcome this pledge by Rivada. The international community needs to find new ways to move the needle on connecting the unconnected, to overcome chronic connectivity barriers, to dramatically level-up affordable access to technology, to empower people with digital skills, and to foster thriving local digital ecosystems. The Partner2Connect Coalition will re-energize global and regional connectivity efforts through broader commitments and a holistic approach to advance universal and meaningful connectivity, so that everyone, everywhere, has access to life-changing, enabling, digital platforms and services."
Maria Francesca Spatolisano, Assistant Secretary General of the UN Department of Economic and Social Affairs and Acting Envoy on Technology at the Office of the UN's Secretary-General Technology Envoy, reiterated that "global connectivity is the foundation of the Secretary-General's vision of an open, free and secure digital future for all" and "that the action-oriented approach taken by Partner2Connect will be critical in pushing this forward."
"Digital inclusion is a pivotal concern as more and more aspects of life require connectivity," said Maikel Wilms, Partner & Director of BCG. The Partner2Connect Digital Coalition and its Platform provide a clear pathway for private players, civil society, and governments to come together in partnership to connect all people around the world."
About Rivada Space Networks
Rivada Space Networks GmbH is a disruptive new company set to establish and operate the first truly global low latency point-to-point connectivity network of LEO satellites. By connecting its satellites with lasers, Rivada Space Networks will provide resellers and B2B customers with the ability to securely connect any two points on the globe with low latency and high bandwidth. The constellation of 600 low-earth-orbit communications satellites will represent a fundamental change in the availability of secure, global, end-to-end enterprise-grade connectivity for Telecom, Enterprise, Maritime, Energy and Government Services markets.
About Rivada Networks, Inc.
Rivada Networks, Inc. is a U.S.-based private wireless technology company that transforms telecom networks into open access marketplaces. Founded by Declan Ganley, Rivada Networks, Inc. is active across North and South America as well as Europe. Rivada holds a multitude of patents relating to spectrum sharing, digital spectrum arbitrage, prioritized messaging, open access services and other wireless communications technologies. For more information: www.rivada.com
Follow us on:
LinkedIn: www.linkedin.com/company/rivada-networks/
Twitter: @rivadaspace
Media Contacts:
Brian Carney
Head of Corporate Communications
Rivada Networks
Tel: +1 (207) 256-0386
Email: bcarney@rivada.com
Melanie Dickie
Director
MPD Communications
Tel: +31 6 14 22 97 62
Email: mdickie@rivada.com
View original content to download multimedia:
SOURCE Rivada Space Networks | https://www.whsv.com/prnewswire/2022/05/12/rivada-space-networks-joins-itu-partner2connect-digital-coalition-foster-meaningful-connectivity-digital-transformation-globally/ | 2022-05-12T09:20:52Z |
SS&C GlobeOp Hedge Fund Performance Index: April performance -0.88%
Capital Movement Index: May net flows advance 0.22%
WINDSOR, Conn., May 12, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index April 2022 measured -0.88%.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.22% in May.
"SS&C GlobeOp's Capital Movement Index for May 2022 rose 0.22%, indicating positive net inflows into funds, though slightly lower than the 0.32% gain reported for the same period a year ago," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Consistent with recent trends, investors in May maintained their allocations to hedge funds in the face of a variety of market concerns, including higher interest rates and inflation, international tensions, and supply chain disruptions from COVID-19."
SS&C GlobeOp Hedge Fund Performance Index
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is January 1, 2006.
The SS&C GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds. It does not overstate exposure to, or the contribution of, any single strategy to aggregate hedge fund performance. Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%. This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.
SS&C GlobeOp Capital Movement Index
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the SS&C GlobeOp platform.
Cumulatively, the SS&C GlobeOp Capital Movement Index May 2022 stands at 132.39 points, an increase of 0.22 points over April 2022. The Index has advanced 1.80 points over the past 12 months. The next publication date is June 13th, 2022.
Published on the ninth business day of each month, the SS&C GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the SS&C GlobeOp administration platform. Data is based on actual subscriptions and redemptions independently calculated and confirmed from real capital movements, and published only a few business days after they occur. Following the month of its release, the Index may be updated for capital movements that occurred after the fifth business day.
SS&C GlobeOp Hedge Fund Performance Index
SS&C GlobeOp Capital Movement Index
SS&C GlobeOp Forward Redemption Indicator
About the SS&C GlobeOp Hedge Fund Index®
The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.
The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com. Alert and RSS subscriber options are available at www.sscglobeop.com. Index Twitter comments: #HFindex.
The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.
While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). Funds acquired through the acquisition of Citi Alternative Investor Services are integrated into the index suite starting with the January 2017 reporting periods. SS&C GlobeOp's total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company's results announcement figures.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
SOURCE: GlobeOp SS&C
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
View original content to download multimedia:
SOURCE GlobeOp SS&C | https://www.whsv.com/prnewswire/2022/05/12/ssampc-globeop-hedge-fund-performance-index-capital-movement-index/ | 2022-05-12T09:20:59Z |
NEW ORLEANS, May 12, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Switch, Inc. (NYSE: SWCH) to DigitalBridge Investment Management. Under the terms of the proposed transaction, shareholders of Switch will receive only $34.25 in cash for each share of Switch that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-swch/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
View original content to download multimedia:
SOURCE Kahn Swick & Foti, LLC | https://www.whsv.com/prnewswire/2022/05/12/switch-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-switch-inc-swch/ | 2022-05-12T09:21:07Z |
The Company will accelerate the commercial deployment of its Artificial Intelligence reading solution for 2D/3D mammography, with a focus on the United States
PARIS, NICE, France and CHICAGO, May 12, 2022 /PRNewswire/ -- Therapixel, designer and supplier of MammoScreen® an Artificial Intelligence software reading aid for mammography, announces today fundraising of 15 M€ in series B.
This operation was led by Crédit Mutuel Innovation and CapHorn, joined by Verve, Sham Innovation Santé and historical investors Omnes, IT-Translation, M-Capital and Région Sud Investissement. This fundraising will enable Therapixel to accelerate its commercial presence in the United States, launch more unique features for MammoScreen, and push even further the boundaries of its intelligent reading aid for mammography.
Armed with two FDA regulatory clearances in the United Stated for both 2D and 3D (tomosynthesis) mammography, MammoScreen is already being deployed across large networks of breast cancer screening clinics. MammoScreen uses a unique score, MammoScreen Score™ to signal at a glance the level of suspicion of a mammogram. This makes it possible to confirm the lesions that are certain and to save precious time with a faster reading of benign cases. Radiologists can thus feel more confident in their decision and spend more time on difficult cases that require more attention.
Matthieu Leclerc-Chalvet, Chief Executive Officer of Therapixel states: "We are very satisfied to close this new round of financing with investors active in the field of digital health. These funds will allow us to grow our American team with new sales and support people and to ramp up our commercial activities. With an already strong pipeline, Therapixel is poised for significant growth and will have a decisive impact on breast cancer screening."
Pierre Fillard, Chief Scientific and Technology Officer and Founder of Therapixel continues: "This is a major step for Therapixel and I am proud of the achievements of our teams in collaboration with radiologists partners. We will accelerate the launch of a new generation of AI that will allow women to benefit from an earlier detection with less anxiety and radiologists to be assisted in the ever-growing demand for imaging. We will also advance the regulatory and clinical developments that will solidify our leading position as the AI solution of choice for radiologists reading mammography"
Jérôme Féraud, Director of healthcare investments and Tanguy Besson, Associate at Crédit Mutuel Innovation, continue :
"Beyond the technological performance of the solutions developed by Therapixel, it became obvious for us to support the deployment of MammoScreen that helps improve breast cancer detection, at a time when women are in a particularly stressful situation. The overall ergonomic of the solution brings the radiologists a valuable image analysis tool that allow them to optimize their time and focus their expertise on the specifics of the case."
François Santi, Principal at CapHorn continues :
"We are very pleased to support Therapixel in this new round of strategic investment, in collaboration with several experienced investors in the field of digital health. We followed Therapixel for several months and were impressed by the capability of execution of the team and their achievements during this period. We are very happy to support Therapixel's commercial expansion in the United States, and help the company establish a new standard in breast cancer detection."
With this new round, Therapixel has raised more than 20 M€ since its founding in 2013.
The following council and advisor helped with this round:
Legal counsel: JonesDay – Renaud Bonnet
Financial advisors: Fraser Finance – Olivier Koechlin and Deborah Herst
Press contacts:
Neliya Tumbeva (Therapixel) - media@therapixel.com
Louisa Mesnard (IT-Translation) - lmesnard@elaia.com
Véronique Richez-Lerouge (Crédit Mutuel Innovation) - v.richez-lerouge@reso-media.com
Aurélie Blanchard-Massoni (Omnes Capital) aurelie.blanchard-massoni@omnescapital.com
Valérie Roché-Melin (Région Sud Investissement) – v.roche@regionsudinvestissement.com
About :
Therapixel is a French company specialized in the design and commercialization of AI-powered medical imaging software, with the goal of delivering pertinent information at the right time to healthcare professionals. Winner of the Digital Mammography DREAM Challenge in 2017, the global competition on breast cancer detection with AI, Therapixel has developed MammoScreen®, a software that helps with the interpretation of screening 2D and 3D mammograms. With MammoScreen, even experienced radiologists can improve their performance, feel more confident in their judgment, and reassure women quicker. Find more at www.mammoscreen.com
CapHorn is a Paris-based VC firm investing in innovative companies across Europe, focusing on Healthtech, Sustainability, and Enterprise software. We partner with outstanding entrepreneurs and commit investments from € 1M to € 15M in high growth companies, from early to late stage. CapHorn has an active portfolio of 50 companies and supports their development by leveraging its extensive network of business leaders. The firm, established in 2011, is part of the Anaxago Group.
CAPHORN: TRUST, FUNDING, NETWORK. Find more on: caphorn.vc
Crédit Mutuel Innovation is Credit Mutuel Equity (3.5 B€ managed capital) subsidiary specialized in venture capital investments. Crédit Mutuel Innovation invests its own funds in tickets of 1 to 20 M€, in innovative digital, life science and deeptech companies.
Crédit Mutuel Innovation allows entrepreneurs to develop their growth potential by connecting them to other companies in their ecosystems. Because it takes more than 5 years to create a global leader, Crédit Mutuel Innovation invests in the long term its own funds and builds long term relationships with the entrepreneurs it supports www.creditmutuel-equity.eu
Omnes is a leading private equity and infrastructure investor. With over €5 billion in assets under management, it provides companies with the capital they need to fund their growth, in three key areas: venture capital, growth & buyout capital and infrastructure. Omnes is wholly owned by its employees. It is committed to ESG factors and has founded the Fondation Omnes to fund initiatives in favor of children and young people. It is a signatory to the United Nations Principles for Responsible Investment (PRI). www.omnescapital.com
IT-Translation is now part of Elaia. Elaia is a European top-tier VC firm with a strong tech DNA. We back tech disruptors with global ambition from early stage to growth development. For the past 20 years, our commitment has been to deliver high performance with values. We are proud to have been an active partner in over 100 startups including success stories such as Criteo (Nasdaq), Orchestra Networks (acquired by Tibco), Volterra (acquired by F5), Mirakl (valued $3.5B in Series E) and Shift Technology (valued $1B+ in Series D). Learn more http://www.elaia.com • @Elaia_Partners
M/Capital Partners is a French asset management company which mobilizes mixed, private, and governmental funding to invest into companies and into real estate to foster the creation of new growing, resilient and inclusive values. M/Capital believes that entrepreneurs are in a unique position to transform the world we live in. Therefore, M/Capital backs men and women who work to empower people, to foster cohesion and to preserve our planet. M/Capital Group has more than €800 millions under management across four divisions (Real Estate, Venture Capital, Private Equity and Private Debt) and relies on 65 talents located in Paris, Toulouse, Marseille, Montpellier and Nice (France). www.mcapital.fr
Région Sud Investissement is the regional investment company created in 2010 by the South Region to support the emergence and development of growth companies. Région Sud Investissement, with a capital of €146M, receives 42% of its capacity from the European Union through the ERDF fund. It has invested in 335 companies so far and plans to launch a new equity fund called "RSI React Eu" for growth companies who were impacted by the sanitary crisis. www.regionsudinvestissement.com
Photo - https://mma.prnewswire.com/media/1816085/Therapixel_Mammoscreen.jpg
Logo - https://mma.prnewswire.com/media/1418252/Therapixel_Logo.jpg
View original content to download multimedia:
SOURCE Therapixel | https://www.whsv.com/prnewswire/2022/05/12/therapixel-announces-close-15-m-series-b-financing-deploy-mammoscreen-2d3d/ | 2022-05-12T09:21:14Z |
NEW ORLEANS, May 12, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Trecora Resources (NYSE: TREC) to an affiliate of Balmoral Funds, LLC. Under the terms of the proposed transaction, shareholders of Trecora will receive only $9.81 in cash for each share of Trecora that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-trec/ to learn more.
Please note that the merger is structured as a tender offer, such that time may be of the essence.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
View original content to download multimedia:
SOURCE Kahn Swick & Foti, LLC | https://www.whsv.com/prnewswire/2022/05/12/trecora-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-trecora-resources-trec/ | 2022-05-12T09:21:20Z |
OSAKA, Japan, May 12, 2022 /PRNewswire/ -- "Warai Mirai Fes 2022 -Road to EXPO 2025-" was held for three days from April 29 to May 1 at Expo '70 Commemorative Park, Osaka, organized by Team Kansai, an association of 14 companies set up with the aim of developing Osaka as an international cultural, art, entertainment and sports city, and Yoshimoto Kogyo Co., Ltd. "Warai" means laughter and "mirai" future in Japanese.
Photo1: https://kyodonewsprwire.jp/prwfile/release/M101242/202205060847/_prw_PI1fl_Qm24sSxs.jpg
Photos: https://kyodonewsprwire.jp/release/202205060847?p=images
The event was organized as a festival to experience "comedy," "food" and "music," which represent the culture and energy of Osaka, in order to increase the momentum from Kansai and to spread it to the rest of Japan towards "Expo 2025 Osaka, Kansai."
It took place at "Expo '70 Commemorative Park," the former site of the World Expo 1970 in Japan. The main stage event was held for three days at the foot of the Tower of the Sun, the symbol of the Expo Park where visitors enjoyed music and comedy by popular Japanese artists, including Quruli, BiSH, GENERATIONS from EXILE TRIBE, and Kishidan, as well as comedians.
The year 2025, with five years remaining until 2030, the intended year for achieving the U.N.'s Sustainable Development Goals (SDGs), is a pivotal year for accelerating efforts to achieve them. Expo 2025 Osaka, Kansai, will be a platform for achieving the SDGs by 2030.
In a video message played before the show, the Minister for the World Expo 2025, Kenji Wakamiya, said that "consumers will play a major role in achieving the goal of a sustainable and better world by 2030," adding that "I'm looking forward to it." On this basis, he explained that one of the themes of "ethical consumption" is "reduction of food loss" and he urged everyone at the venue to "think what you could do for the future of the earth through this event."
The festival created an environment for visitors to experience the SDGs, the theme of Expo 2025 Osaka, Kansai. In the food area, food was served on "my tableware" brought by customers themselves. The dishes were washed and reused once they finished eating. In addition, children enjoyed taking part in an SDG stamp-collecting event, in which they used QR codes to read 17 stamps scattered around the venue.
Warai Mirai Fes 2022 -Road to EXPO 2025- was the first event organized by Team Kansai and Yoshimoto Kogyo Co., Ltd. The event attracted 51,218 visitors over the three days.
-Event name: Warai Mirai Fes 2022 -Road to EXPO 2025-
-Date: April 29 - May 1, 2022
-Venue: Expo '70 Commemorative Park, 1-1 Senri Banpaku Koen, Suita, Osaka, Japan
-Co-hosts: Team Kansai / Yoshimoto Kogyo Co., Ltd.
View original content:
SOURCE Yoshimoto Kogyo Co., Ltd. | https://www.whsv.com/prnewswire/2022/05/12/warai-mirai-fes-2022-road-expo-2025-held-april-29-may-1-by-co-hosts-team-kansai-yoshimoto-kogyo-preparation-expo-2025-osaka-kansai/ | 2022-05-12T09:21:27Z |
DUBAI, UAE, May 12, 2022 /PRNewswire/ -- WeWay, an entertainment ecosystem powered by blockchain technology, has announced an official partnership with the World Influencers and Bloggers Awards (WIBA) 2022 Gala Ceremony. It will take place on May 18-19, in Monaco, during the Cannes Film Festival in the luxurious Hotel Martinez.
WIBA 2022 is the fourth edition of an international event aimed at bringing together opinion leaders, personalities and brands from all around the globe and celebrating the best and brightest of them. WIBA titleholders are currently the most outstanding personalities in the influencer industry including Italian YouTuber and businessperson Gianluca Vacchi, the world's first digital model Coco Rocha, American TV personality Foodgod, and more.
Seeing that the tremendous potential and the philosophy of WIBA align closely to the company, WeWay has also decided to become an official partner of WIBA Awards 2022 to contribute to the further development of the influencers' industry. WeWay's Founder and CEO, Fuad Fatullaev, will be part of this event and will give a speech on May 19, disclosing the perks and problems that influencers and famous people will experience when entering the metaverse. This is a great opportunity for WeWay to connect with other market participants and discuss ideas in this fast-paced industry.
"Our company is really glad to participate in such an important event in the world of influencers because we see the mutual spirit and idea of the WIBA Awards with our own views. Events like this help us keep abreast and interact with the market more efficiently. WeWay is a company that assists famous figures to enter the metaverse by offering unique strategies depending on the influencer`s activity. For instance, concerts in the metaverse, NFTs, educational courses, etc. That's why we think this event could be a good chance for us to strengthen the communication with our clients and partners," stated Fuad Fatullaev, Founder and CEO of WeWay.
Being a high-tech ecosystem operating on a blockchain basis, WeWay helps talented people enter the world of blockchain and the metaverse, using a professional team of experts and personalised end-to-end strategies to unlock the potential of each client. This project has already gained popularity among bloggers, whose audience is more than 10 million people.
View original content:
SOURCE WeWay | https://www.whsv.com/prnewswire/2022/05/12/weway-is-an-official-partner-wiba-awards-cannes/ | 2022-05-12T09:21:34Z |
DUBAI, UAE, May 12, 2022 /PRNewswire/ -- XT.com is excited to have the gaming token PULI listed on its trading platform. PULI is one of the popular tokens that is one of its kind and strong in terms of utility. This new token listing will be beneficial for the users from the PULI ecosystem as well as the XT community by giving them better scope in digital trading along with MMORPG and P2E mobile gaming.
"By having the PULI token listed on our platform, we are aiming at reaching out to a wider audience from both the PULI and XT ecosystems, thereby offering the best trading and gaming services to our users.", says Anis, the Global CMO of XT.com.
Coming from the popular BSC network, PULI will be one of the most significant additions to XT.com in terms of offering a better trading experience, technical proficiency and scope of utility. This change makes the future of online gaming, NFTs as well as trading, promising and effective.
About PULI
The PULI token, formerly known as PULI INU, is a popular gaming token on the Binance Smart Chain (BSC). This competitive token allows the users to trade their tokens (PULI) and NFTs, as well as use them for P2E gaming and other metaverse activities. The project aims at delivering a high-end and efficient crypto experience to the users with their services that can be accessed from mobile devices, laptops, PCs and tablets alike.
One of the unique features of PULI is that it can be used in multiple ways and platforms, unlike most of the digital tokens available. This also makes it among the most tradable tokens in the digital space.
About XT.com
XT.com, established in 2018, is the world's first social infused digital assets trading platform. It supports and encourages English, Russian, Filipino, Chinese, Japanese, Vietnamese, Korean, Indian, African, Spanish, and Malaysian communities to connect in their native languages and trade together. The company is headquartered in Dubai and has its operation centers across the globe including Singapore and Seoul.
With 3+ million registered users, over 300,000+ monthly active users and 30+ million users in the ecosystem, XT.com strives to cater to its large user base by providing a safe and easy trading experience. The platform currently supports 500+ high-quality currencies and 800+ trading pairs which are accessible to the entire global crypto market.
View original content:
SOURCE XT.com | https://www.whsv.com/prnewswire/2022/05/12/xtcom-adds-metaverse-project-puli-ecosystem/ | 2022-05-12T09:21:40Z |
WASHINGTON DC-- Forced cultural assimilation and the suppression of the Hawaiian language are among the wrongs the United States is acknowledging in a new report.
A list of 11 locations in Hawaii, topped by Hilo Boarding School which shuttered in 1925, are identified by the Department of the Interior as being branches of federal boarding schools which historically sought to assimilate native peoples.
The report concludes that, along with Alaskan natives and Indigenous Americans, the encroachment was meant to dispossess native people of their culture and land.
Interior Secretary Deb Haaland say she bears the intergenerational trauma of federal efforts. 400 such schools operated between 1819 and 1969 in the US, where unmarked burial sites conceal a near 500 child deaths.
Given child mortality rates in the 19th century, the report expects that figure to grow.
"When my maternal grandparents were only 8 years old, they were stolen from their parents culture and communities forced to live in boarding schools until the age of 13. Many children like them never made it back to their homes," Haaland said.
The section on Hawaii in the report reads:
"From 1820 to 1850 the Kingdom transformed the communal land tenure system to a private land ownership system," following pressure from foreign interests along with the US.
In light of where the movements stand today, Kuhio Lewis of The Council for Native Hawaiian Advancement credits the Department of Interior for shining a light on the wrongs of the past.
"I think it all starts from being educated, from understanding our history so that we can turn the page. Turn the chapter. Recognizing Olelo Hawaii, we see that in legislation today. So continuing to advocate and educate is going to be critical," Lewis told KITV 4.
The US initiative has the daunting task ahead of identifying Tribal identities of those placed in federal boarding schools, as well as unmarked burials. The department says it now has its sights set on preserving native languages.
"Recognizing the impacts of the federal Indian boarding school system can not just be an historical reckoning. We must also chart a path forward to deal with these legacy issues," Haaland concluded.
Do you have a story idea? Email news tips to news@kitv.com
Jeremy Lee joined KITV after over a decade & a half in broadcast news from coast to coast on the mainland. Jeremy most recently traveled the country documenting protests & civil unrest. | https://www.kitv.com/news/us-recognizes-history-of-forced-assimilation-in-boarding-schools/article_3f59f17e-d1c8-11ec-9822-633f95894887.html | 2022-05-12T09:53:15Z |
Biden marks 1M US COVID deaths, to co-host 2nd global summit
WASHINGTON (AP) - President Joe Biden will appeal for a renewed international commitment to attacking COVID-19 as he convenes a second virtual summit on the pandemic and marks 1 million deaths in the United States.
“As a nation, we must not grow numb to such sorrow,” Biden said in a statement. “To heal, we must remember. We must remain vigilant against this pandemic and do everything we can to save as many lives as possible.”
The president called on Congress to provide more funding for testing, vaccines and treatments, something lawmakers have been unwilling to deliver so far.
The lack of funding — Biden has requested another $22.5 billion of what he calls critically needed money — is a reflection of faltering resolve at home that jeopardizes the global response to the pandemic.
Eight months after he used the first such summit to announce an ambitious pledge to donate 1.2 billion vaccine doses to the world, the urgency of the U.S. and other nations to respond has waned.
Momentum on vaccinations and treatments has faded even as more infectious variants rise and billions of people across the globe remain unprotected.
The White House said Biden will address the opening of the virtual summit Thursday morning with prerecorded remarks and will make the case that addressing COVID-19 “must remain an international priority.” The U.S. is co-hosting the summit along with Germany, Indonesia, Senegal and Belize.
The U.S. has shipped nearly 540 million vaccine doses to more than 110 countries and territories, according to the State Department — by far more than any other donor nation.
After the delivery of more than 1 billion vaccines to the developing world, the problem is no longer that there aren’t enough shots but a lack of logistical support to get doses into arms. According to government data, more than 680 million donated vaccine doses have been left unused in developing countries because they were set to expire soon and couldn’t be administered quickly enough. As of March, 32 poorer countries had used fewer than half of the COVID-19 vaccines they were sent.
U.S. assistance to promote and facilitate vaccinations overseas dried up earlier this year, and Biden has requested about $5 billion for the effort through the rest of the year.
“We have tens of millions of unclaimed doses because countries lack the resources to build out their cold chains, which basically is the refrigeration systems; to fight disinformation; and to hire vaccinators,” White House press secretary Jen Psaki said this week. She added that the summit is “going to be an opportunity to elevate the fact that we need additional funding to continue to be a part of this effort around the world.”
“We’re going to continue to fight for more funding here,” Psaki said. “But we will continue to press other countries to do more to help the world make progress as well.”
Congress has balked at the price tag for COVID-19 relief and has thus far refused to take up the package because of political opposition to the impending end of pandemic-era migration restrictions at the U.S.-Mexico border. Even after a consensus for virus funding briefly emerged in March, lawmakers decided to strip out the global aid funding and solely focus the assistance on shoring up U.S. supplies of vaccine booster shots and therapeutics.
Biden has warned that without Congress acting, the U.S. could lose out on access to the next generation of vaccines and treatments, and that the nation won’t have enough supply of booster doses or the antiviral drug Paxlovid for later this year. He’s also sounding the alarm that more variants will spring up if the U.S. and the world don’t do more to contain the virus globally.
“To beat the pandemic here, we need to beat it everywhere,” Biden said last September during the first global summit.
The virus has killed more than 995,000 people in the U.S. and at least 6.2 million people globally, according to figures kept by the Centers for Disease Control and Prevention and the World Health Organization.
Demand for COVID-19 vaccines has dropped in some countries as infections and deaths have declined globally in recent months, particularly as the omicron variant has proved to be less severe than earlier versions of the disease. For the first time since it was created, the U.N.-backed COVAX effort has “enough supply to enable countries to meet their national vaccination targets,” according to vaccines alliance Gavi CEO Dr. Seth Berkley, which fronts COVAX.
Still, despite more than 65% of the world’s population receiving at least one COVID-19 vaccine dose, fewer than 16% of people in poor countries have been immunized. It is highly unlikely countries will hit the World Health Organization target of vaccinating 70% of all people by June.
In countries including Cameroon, Uganda and the Ivory Coast, officials have struggled to get enough refrigerators to transport vaccines, send enough syringes for mass campaigns and get enough health workers to inject the shots. Experts also point out that more than half of the health workers needed to administer the vaccines in poorer countries are either underpaid or not paid at all.
Donating more vaccines, critics say, would miss the point entirely.
“It’s like donating a bunch of fire trucks to countries that are on fire, but they have no water,” said Ritu Sharma, a vice president at the charity CARE, which has helped immunize people in more than 30 countries, including India, South Sudan and Bangladesh.
“We can’t be giving countries all these vaccines but no way to use them,” she said, adding that the same infrastructure that got the shots administered in the U.S. is now needed elsewhere. “We had to tackle this problem in the U.S., so why are we not now using that knowledge to get vaccines into the people who need them most?”
Sharma said greater investment was needed to counter vaccine hesitancy in developing countries where there are entrenched beliefs about the potential dangers of Western-made medicines.
“Leaders must agree to pursue a coherent strategy to end the pandemic instead of a fragmented approach that will extend the lifespan of this crisis,” said Gayle Smith, CEO of The ONE Campaign.
GAVI’s Berkley also said that countries are increasingly asking for the pricier messenger RNA vaccines made by Pfizer and Moderna, which are not as easily available as the AstraZeneca vaccine, which made up the bulk of COVAX’s supply last year.
The emergence of variants like delta and omicron have led many countries to switch to mRNA vaccines, which seem to provide more protection and are in greater demand globally than traditionally made vaccines like AstraZeneca, Novavax or those made by China and Russia.
___
Cheng reported from London.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/biden-marks-1m-us-covid-deaths-co-host-2nd-global-summit/ | 2022-05-12T10:47:13Z |
Justices to meet for 1st time since leak of draft Roe ruling
WASHINGTON (AP) — The Supreme Court’s nine justices will gather in private for their first scheduled meeting since the leak of a draft opinion that would overrule Roe v. Wade and sharply curtail abortion rights in roughly half the states.
The meeting Thursday in the justices’ private, wood-paneled conference room could be a tense affair in a setting noted for its decorum. No one aside from the justices attends and the most junior among them, Justice Amy Coney Barrett, is responsible for taking notes.
Thursday’s conference comes at an especially fraught moment, with the future of abortion rights at stake and an investigation underway to try to find the source of the leak.
Chief Justice John Roberts last week confirmed the authenticity of the opinion, revealed by Politico, in ordering the court’s marshal to undertake an investigation.
Roberts stressed that the draft, written by Justice Samuel Alito and circulated in February, may not be the court’s final word. Supreme Court decisions are not final until they are formally issued and the outcomes in some cases changed between the justices’ initial votes shortly after arguments and the official announcement of the decisions.
That’s true of a major abortion ruling from 1992 that now is threatened, Planned Parenthood v. Casey, when Justice Anthony Kennedy initially indicated he would be part of a majority to reverse Roe but later was among five justices who affirmed the basic right of a woman to choose abortion that the court first laid out in Roe in 1973.
Kennedy met privately with Justices Sandra Day O’Connor and David Souter to craft a joint opinion, with no hint to the public or even to other justices about what was going on.
“I think it’s tradition and decorum that everyone corresponds in writing about things that are in circulation,” said Megan Wold, a former law clerk to Alito. “But at the same time, there’s nothing to prevent a justice from picking up the phone to call, from visiting someone else in chambers.”
A major shift in the current abortion case seems less likely, at least partly because of the leak, abortion law experts and people on both sides of the issue said.
“I think the broad contours are very unlikely to change. To the extent the leak matters, it will make broad changes unlikely,” said Mary Ziegler, a scholar of the history of abortion at the Florida State University law school.
Sherif Gergis, a University of Notre Dame law professor who once was a law clerk for Alito, agreed. “I’ll be surprised if it changes very much,” Gergis said.
It’s not clear who leaked the opinion, or for what purpose. But Alito’s writing means that there were at least five votes in December to overrule Roe and Casey, just after the court heard arguments over a Mississippi law that would ban abortion after 15 weeks of pregnancy.
Based on their questions at arguments, Justice Clarence Thomas and former President Donald Trump’s three appointees, Justices Neil Gorsuch, Brett Kavanaugh and Barrett, seemed most likely to join Alito.
Roberts appeared the most inclined among the conservatives to avoid reaching a decision to overrule the landmark abortion rulings, but his questions suggested that he would at the very least vote to uphold the Mississippi law. Even that outcome would dramatically undermine abortion rights and invite states to adopt increasingly stricter limits.
If Roberts, who often prefers incremental steps in an effort to preserve the court’s legitimacy, wanted to prevent the court from overruling Roe and Casey, he’d need to pick up the vote of just one other colleague. That would be enough to deprive Alito of a majority.
The liberal justices, Stephen Breyer, Elena Kagan and Sonia Sotomayor, are expected to dissent from either outcome. But no dissent, separate opinion from Roberts, or even a revised draft majority opinion has been circulated among the justices, Politico reported.
Majority opinions often change in response to friendly suggestions and barbed criticisms. The justices consider the internal back-and-forth a crucial part of their work.
Justice Ruth Bader Ginsburg remarked that pointed criticism from her friend and ideological opposite, Justice Antonin Scalia, made her opinions better. Scalia died in 2016; Ginsburg, four years later.
The lack of any other opinions surprised some former law clerks to the justices, though Wold said it’s also true that bigger, harder cases traditionally take more time.
Several former clerks also said they expect the leak to be discussed at the weekly meeting on Thursday, at which the justices typically finalize opinions in cases they’ve heard and choose cases to hear in the coming months. The spring normally is a tense time at the court, with major decisions looming that often reveal stark divisions and sometimes produce sharp words.
“I would be shocked if it doesn’t come up,” Wold said, adding that, given what has happened, the court would probably take additional precautions with drafts circulating in the future, including limiting who has access to them.
Kent Greenfield, a Boston University law professor who spent a year as a clerk to Souter, also speculated that the leak would be on the table Thursday. “Roberts is in a complete bind. He has to address it, but it doesn’t strike me that he has many options,” Greenfield said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/justices-meet-1st-time-since-leak-draft-roe-ruling/ | 2022-05-12T10:47:21Z |
Russia hits Ukraine’s east as Finland moves toward NATO bid
KYIV, Ukraine (AP) - Russian forces unleashed airstrikes on the last pocket of Ukrainian resistance in the besieged city of Mariupol and pressed their advance on towns across the country’s east, Ukraine’s military said Thursday.
As the war, which has ground to a stalemate, wrought more death and upheaval, its globe-shaking repercussions spread, with Finland announcing plans to end decades of neutrality and seek NATO membership.
Finland’s president and prime minister said Thursday that the Nordic country should apply “without delay” for membership in the Western alliance, founded in part to counter the Soviet Union. The announcement means Finland is virtually certain to seek to join the military alliance, though a few steps remain before the application process can begin. Neighboring Sweden is expected to decide on joining NATO within days.
NATO’s support of Ukraine — particularly by supplying weapons — has been critical to Kyiv’s surprising success in stymieing Russia’s invasion, which began on Feb. 24. Many observers thought Moscow’s larger and better-armed military would be hard to stop, but the Ukrainians have bogged Russian troops down and thwarted their goal of overrunning the capital.
Still, the war has unleashed staggering destruction, killed thousands and forced millions from their homes, while shattering Europe’s sense of post-Cold War stability. It has prompted NATO to send troops and weapons to fortify the alliance’s eastern frontier and led Sweden and Finland to reconsider longstanding opposition to joining the trans-Atlantic alliance, whose members are committed to mutual defense.
In Mariupol, which has seen some of the worst destruction of the war, Ukraine offered to release Russian prisoners of war in exchange for the safe evacuation of badly wounded fighters trapped inside the Azovstal steel mill, the last redoubt of Ukrainian forces in the ruined city.
WARNING: Some videos used may contain graphic content.
Ukrainian Deputy Prime Minister Iryna Vereshchuk said that negotiations were underway to release the wounded. She said there were different options, but “none of them is ideal.”
Russia’s forces have taken control of the rest of the city, which they besieged for weeks, as residents ran short of food, water and medicine. Many thousands have fled, saying almost nothing remains of the port city, but an adviser to the Mariupol mayor said Russian forces have now blocked all evacuation routes.
Petro Andriushchenko said there are few apartment buildings fit to live in, and some remaining residents are cooperating with occupying Russian forces in exchange for food, though he did say Thursday the troops have resumed water supplies to two neighborhoods as a test.
“The occupiers turned Mariupol into a medieval ghetto,” said Mayor Vadym Boychenko in comments published by City Hall, as he called for a complete evacuation of the city. Officials said in recent weeks that about 100,000 residents could still be trapped in Mariupol, which had a prewar population of over 400,000.
Russian and Ukrainian authorities have periodically agreed to cease-fires to evacuate residents, and repeatedly blamed each other when those efforts failed. Andriushchenko’s allegations could not be independently confirmed.
In the wake of their failure to take Kyiv, Russian forces pulled back and regrouped — and switched their focus to Ukraine’s Donbas, an eastern industrial region where Moscow-backed separatists have fought Ukrainian troops for years. While Russia’s advance there has also been slow, the general staff of Ukraine’s armed forces noted Thursday that Moscow has achieved a “partial success.”
It said Ukrainian forces repulsed nine attacks by Russian forces and destroyed several drone and military vehicles. The information could not be independently verified.
Evacuees from towns in the embattled east wiped away tears as they carried their children and belongings onto buses and vans to flee.
“It is terrible there now. We were leaving under missiles,” said Tatiana Kravstova, who left the town of Siversk with her 8-year-old son Artiom on a bus headed to the central city of Dnipro. “I don’t know where they were aiming at, but they were pointing at civilians.”
Ukraine’s military also said Russian forces had fired artillery at Ukrainian units north of the city of Kharkiv — a northeastern city key to the offensive in the Donbas; fired artillery and grenade launchers at Ukrainian troops in the direction of Zaporizhzhia, which has been a refuge for civilians fleeing Mariupol; and attacked in the Chernihiv and Sumy regions to the north.
Overnight airstrikes in the Chernihiv region killed three people and wounded 12, according to local media citing emergency services. The regional governor said the strikes on the town of Novhorod-Siverskyi damaged a boarding school, dormitory and administrative building.
President Vladimir Putin reaffirmed Russia’s determination to ensure territory in the Donbas held by Moscow-backed separatists never returns to Ukraine in a congratulatory message Thursday to the head of the self-proclaimed Luhansk People’s Republic.
On the eve of its invasion, Russia recognized the separatists’ claim to independence in Luhansk as well as in the other Donbas region of Donetsk. Moscow sought to justify its offensive by claiming, without evidence, that Ukraine was planning to attack areas held by separatists and that it intervened to protect people in those regions.
“I am sure that through our joint efforts we will defend the independence, sovereignty and territorial integrity” of the Luhansk republic, Putin said in a statement released by the Kremlin.
Elsewhere, Kyiv prepared for its first war crimes trial of a captured Russian soldier. Ukraine’s top prosecutor said her office charged Russian Sgt. Vadin Shyshimarin, 21, in the killing of an unarmed 62-year-old civilian who was gunned down while riding a bicycle in February, four days into the war.
Prosecutor General Iryna Venediktova’s office has said it has been investigating more than 10,700 allegations of war crimes committed by Russian forces and has identified over 600 suspects.
Volodymyr Yavorskyy of the Center for Civil Liberties said the Ukrainian human rights group will be closely following Shyshimarin’s trial to see if it is fair — noting the difficulty of overserving the norms during wartime.
On the economic front, Ukraine shut down a pipeline that carries Russian gas across Ukraine to homes and industries in Western Europe, disrupting the westward flow of one of Moscow’s most lucrative exports.
The immediate effect is likely to be limited, in part because Russia can divert the gas to another pipeline and because Europe relies on a variety of suppliers. Still, the cutoff underscored the broader risk to gas supplies from the war.
In the southern Kherson region, site of the first major Ukrainian city to fall in the war, a Moscow-appointed leader said officials there want Putin to annex the area. Kirill Stremousov, deputy head of the regional administration appointed by Moscow, told Russia’s RIA Novosti news agency: “The city of Kherson is Russia.”
That was something at least one resident contested. “All people in Kherson are waiting for our troops to come as soon as possible,” said a teacher who gave only her first name, Olga, out of fear of retaliation. “Nobody wants to live in Russia or join Russia.”
A Black Sea port of roughly 300,000, Kherson is seen as a gateway to wider Russian control over southern Ukraine. The development raised the possibility that the Kremlin would seek to break off another piece of Ukraine as it tries to salvage an invasion gone awry.
___
Yesica Fisch in Bakhmut, David Keyton in Kyiv, Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, and AP staffers around the world contributed.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/russia-hits-ukraines-east-finland-moves-toward-nato-bid/ | 2022-05-12T10:47:27Z |
Haya Panjwani | Houston Public Media
Breaking News ReporterHaya Panjwani is covering breaking news for KERA. She also served as a legislative fellow for The Texas Newsroom during the 2021 legislative session. In 2020, she was an intern with Houston Public Media and a senior staff writer for the University of Houston's student publication, The Daily Cougar. Haya grew up in Alabama, Dubai, and Houston. She is studying Journalism and Political Science and expects to graduate with the University of Houston's Class of 2022.
-
The shellfish is often consumed at communal crawfish boils, but few people gathered during the pandemic.
-
Abbott’s Task Force on Concert Safety found permitting and lack of risk assessment, among other themes, contributed to the loss of 10 lives in November.
-
Communities across Dallas-Fort Worth are honoring the legacy of the minister and civil rights activist.
-
Cook Children's Health Care System in Fort Worth reported a record number of patients admitted with COVID-19 on Wednesday.
-
Across the state, people are waiting hours in line to get tested and seeing delayed results as cities and counties deal with a testing shortage.
-
People across the state, including North Texas residents, are struggling to find COVID tests amid a surge of positive cases. Here’s a look at two community members who faced challenges when it came to getting tested.
-
The highly contagious omicron variant of the coronavirus has North Texans searching for testing sites, but some places and some home tests may be scams.
-
The shortfall of police officers and firefighters has led to staffing challenges as the omicron variant rips through the country.
-
In Dallas, large numbers of police officers and firefighters have called in sick this week because of COVID-19. The shortfall in personnel has led to staffing challenges.
-
Some regions of the state have seen below freezing temperatures over the last few days, leaving some Texans worried the electrical grid could fail, as it did last February.
-
Parkland Hospital in Dallas is seeing an influx of COVID-19 patients as the omicron variant of the coronavirus spreads.
-
The annual celebration in downtown Dallas is a free way to mark the New Year. It's an alternative for North Texans who want to enjoy fireworks, as DFW police and fire departments are warning against use of prohibited or illegal fireworks. | https://www.keranews.org/haya-panjwani | 2022-05-12T10:49:28Z |
If you’re looking for something fun that not only allows you to get in shape, but also provides a sense of community, then look no further than acro yoga!
Acro enthusiast, Garret Hols, explained what it's all about, “Acro yoga is a combination of acrobatics and yoga. It’s a form of exercise and entertainment and...all about finding inner peace, inner being, mental... physical health.” This type of exercise is great if “someone’s looking to expand their community and to meet new people.” Along with building new friendships, Acro yoga is also beneficial for couples. “It encourages communication between the two people, and a lot of trust.”
When two partners work together, it increases “nonverbal communication, understanding the other person’s balance point, their baseline, how they’re doing, what they need.” As far as the physical aspect, there are a wide variety of benefits. “You start working stabilizer muscles that you never knew existed. You can hit the gym and work out... with free weights or whatever for however many years, but one session with acro yoga and you’ll realize that you have muscles that you didn’t even know existed.”
Acro yoga can be practiced anywhere, and Garret invites all to come down and join their weekly jam sessions! “No experience is necessary whatsoever, everyone’s really cool about welcoming new people, all skills sets and all types of physical ability...start slow...start with the basics, and then just build from there and just come on down, we’re happy to have you!”
To try acro yoga for yourself, grab a partner and head down to their weekly jam sessions at Magic Island on Tuesdays or Queen’s Beach on Sundays...
Interested in featuring your business or organization? Email IslandLife@kitv.com
As Miss Hawaii 2019 & 2020, Nikki was a representative for the Aloha State and was highly involved with the community as she promoted the importance of service. Nikki is the host of KITV's entertainment and culture platform, ISLAND LIFE. | https://www.kitv.com/island-life/extra/finding-strength-and-community-in-acro-yoga/article_2eeea0c2-cfe4-11ec-b1ec-57b2416e9db1.html | 2022-05-12T11:33:10Z |
Jacob Sanchez | Fort Worth Report
Enterprise ReporterJacob Sanchez is an enterprise reporter for the Fort Worth Report. His work has appeared in the Temple Daily Telegram, The Texas Tribune and the Texas Observer. He is a graduate of St. Edward’s University. Contact him at jacob.sanchez@fortworthreport.org or via Twitter.
-
The Texas Education Agency developed new school library standards that give parents more of a role in which books their children can read, gives school boards final say over all new books and establishes a book review committee if a parent files a complaint.
-
Pastors in Fort Worth’s Black community gathered April 28 to express outrage and call for reforms in the wake of a video showing students laughing at the use of the n-word.
-
Brian Dixon, Wallace Bridges and Trischelle Strong are vying for the District 4 seat on the Fort Worth ISD school board.
-
Weatherford-based Imperial Construction donated $10,000 to pro-bond PAC in 2021.
-
Administrators view the bond as a way to modernize Arlington ISD’s oldest campuses and standardize their schools, but it is also a step forward toward giving students equitable access to learning opportunities they may not otherwise have.
-
Ahead of the start of early voting for the June 5 runoff, the Fort Worth Report and KERA will offer a virtual debate between mayoral runoff candidates Deborah Peoples and Mattie Parker. | https://www.keranews.org/jacob-sanchez-fort-worth-report | 2022-05-12T11:51:59Z |
Another beautiful day today but rain is on the way
Scattered showers and thunderstorms are possible tomorrow and through the weekend
Sunny skies are expected once again this morning, but we will notice increasing cloud cover by late afternoon. Some clouds will build in mainly along and east of I-77 as low pressure off the Atlantic coast spins a bit of moisture in our direction. Highs this afternoon will range from the low 70s to the low 80s for our lower elevations, with more sun on the western side of the mountains today.
Cloud cover will increase overnight, but aside from a few stray showers, most will still stay dry. Temperatures will get down into the 50s for most tonight and some may stay in the low 60s all night long.
A better chance of rain moves in this weekend. Tomorrow, we will see a mix of sun, clouds, and scattered showers. Rain will be rather hit-or-miss to end the workweek.
A frontal system moving in from the west will interact with a low along the shoreline to bring a better chance of wider-spread showers and thunderstorms throughout Saturday and Sunday. High temperatures won’t be quite as warm but will remain seasonable in the upper 60s-low to mid-70s Friday-Sunday.
Next week is looking warm but we could see a few more chances of rain at times. Make sure to stay tuned and catch the latest on WVVA.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/05/12/another-beautiful-day-today-rain-is-way/ | 2022-05-12T12:09:49Z |
Biden co-hosts 2nd global COVID summit as US nears 1M deaths
WASHINGTON (AP) — President Joe Biden will appeal for a renewed international commitment to attacking COVID-19 as he convenes a second virtual summit on the pandemic and marks “a tragic milestone” as the U.S. approaches 1 million deaths.
“As a nation, we must not grow numb to such sorrow,” Biden said in a statement Thursday. “To heal, we must remember. We must remain vigilant against this pandemic and do everything we can to save as many lives as possible.”
The virus has killed more than 995,000 people in the U.S. and at least 6.2 million people globally, according to figures kept by the Centers for Disease Control and Prevention and the World Health Organization.
The president called on Congress to provide more funding for testing, vaccines and treatments, something lawmakers have been unwilling to deliver so far.
The lack of funding — Biden has requested another $22.5 billion of what he calls critically needed money — is a reflection of faltering resolve at home that jeopardizes the global response to the pandemic.
Eight months after he used the first such summit to announce an ambitious pledge to donate 1.2 billion vaccine doses to the world, the urgency of the U.S. and other nations to respond has waned.
Momentum on vaccinations and treatments has faded even as more infectious variants rise and billions of people across the globe remain unprotected.
The White House said Biden will address the opening of the virtual summit Thursday morning with prerecorded remarks and will make the case that addressing COVID-19 “must remain an international priority.” The U.S. is co-hosting the summit along with Germany, Indonesia, Senegal and Belize.
The U.S. has shipped nearly 540 million vaccine doses to more than 110 countries and territories, according to the State Department — by far more than any other donor nation.
After the delivery of more than 1 billion vaccines to the developing world, the problem is no longer that there aren’t enough shots but a lack of logistical support to get doses into arms. According to government data, more than 680 million donated vaccine doses have been left unused in developing countries because they were set to expire soon and couldn’t be administered quickly enough. As of March, 32 poorer countries had used fewer than half of the COVID-19 vaccines they were sent.
U.S. assistance to promote and facilitate vaccinations overseas dried up earlier this year, and Biden has requested about $5 billion for the effort through the rest of the year.
“We have tens of millions of unclaimed doses because countries lack the resources to build out their cold chains, which basically is the refrigeration systems; to fight disinformation; and to hire vaccinators,” White House press secretary Jen Psaki said this week. She added that the summit is “going to be an opportunity to elevate the fact that we need additional funding to continue to be a part of this effort around the world.”
“We’re going to continue to fight for more funding here,” Psaki said. “But we will continue to press other countries to do more to help the world make progress as well.”
Congress has balked at the price tag for COVID-19 relief and has thus far refused to take up the package because of political opposition to the impending end of pandemic-era migration restrictions at the U.S.-Mexico border. Even after a consensus for virus funding briefly emerged in March, lawmakers decided to strip out the global aid funding and solely focus the assistance on shoring up U.S. supplies of vaccine booster shots and therapeutics.
Biden has warned that without Congress acting, the U.S. could lose out on access to the next generation of vaccines and treatments, and that the nation won’t have enough supply of booster doses or the antiviral drug Paxlovid for later this year. He’s also sounding the alarm that more variants will spring up if the U.S. and the world don’t do more to contain the virus globally.
“To beat the pandemic here, we need to beat it everywhere,” Biden said last September during the first global summit.
Demand for COVID-19 vaccines has dropped in some countries as infections and deaths have declined globally in recent months, particularly as the omicron variant has proved to be less severe than earlier versions of the disease. For the first time since it was created, the U.N.-backed COVAX effort has “enough supply to enable countries to meet their national vaccination targets,” according to vaccines alliance Gavi CEO Dr. Seth Berkley, which fronts COVAX.
Still, despite more than 65% of the world’s population receiving at least one COVID-19 vaccine dose, fewer than 16% of people in poor countries have been immunized. It is highly unlikely countries will hit the World Health Organization target of vaccinating 70% of all people by June.
In countries including Cameroon, Uganda and the Ivory Coast, officials have struggled to get enough refrigerators to transport vaccines, send enough syringes for mass campaigns and get enough health workers to inject the shots. Experts also point out that more than half of the health workers needed to administer the vaccines in poorer countries are either underpaid or not paid at all.
Donating more vaccines, critics say, would miss the point entirely.
“It’s like donating a bunch of fire trucks to countries that are on fire, but they have no water,” said Ritu Sharma, a vice president at the charity CARE, which has helped immunize people in more than 30 countries, including India, South Sudan and Bangladesh.
“We can’t be giving countries all these vaccines but no way to use them,” she said, adding that the same infrastructure that got the shots administered in the U.S. is now needed elsewhere. “We had to tackle this problem in the U.S., so why are we not now using that knowledge to get vaccines into the people who need them most?”
Sharma said greater investment was needed to counter vaccine hesitancy in developing countries where there are entrenched beliefs about the potential dangers of Western-made medicines.
“Leaders must agree to pursue a coherent strategy to end the pandemic instead of a fragmented approach that will extend the lifespan of this crisis,” said Gayle Smith, CEO of The ONE Campaign.
GAVI’s Berkley also said that countries are increasingly asking for the pricier messenger RNA vaccines made by Pfizer and Moderna, which are not as easily available as the AstraZeneca vaccine, which made up the bulk of COVAX’s supply last year.
The emergence of variants like delta and omicron have led many countries to switch to mRNA vaccines, which seem to provide more protection and are in greater demand globally than traditionally made vaccines like AstraZeneca, Novavax or those made by China and Russia.
___
Cheng reported from London.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/biden-marks-1m-us-covid-deaths-co-host-2nd-global-summit/ | 2022-05-12T12:09:56Z |
Justices to meet for 1st time since leak of draft Roe ruling
WASHINGTON (AP) — The Supreme Court’s nine justices will gather in private for their first scheduled meeting since the leak of a draft opinion that would overrule Roe v. Wade and sharply curtail abortion rights in roughly half the states.
The meeting Thursday in the justices’ private, wood-paneled conference room could be a tense affair in a setting noted for its decorum. No one aside from the justices attends and the most junior among them, Justice Amy Coney Barrett, is responsible for taking notes.
Thursday’s conference comes at an especially fraught moment, with the future of abortion rights at stake and an investigation underway to try to find the source of the leak.
Chief Justice John Roberts last week confirmed the authenticity of the opinion, revealed by Politico, in ordering the court’s marshal to undertake an investigation.
Roberts stressed that the draft, written by Justice Samuel Alito and circulated in February, may not be the court’s final word. Supreme Court decisions are not final until they are formally issued and the outcomes in some cases changed between the justices’ initial votes shortly after arguments and the official announcement of the decisions.
That’s true of a major abortion ruling from 1992 that now is threatened, Planned Parenthood v. Casey, when Justice Anthony Kennedy initially indicated he would be part of a majority to reverse Roe but later was among five justices who affirmed the basic right of a woman to choose abortion that the court first laid out in Roe in 1973.
Kennedy met privately with Justices Sandra Day O’Connor and David Souter to craft a joint opinion, with no hint to the public or even to other justices about what was going on.
“I think it’s tradition and decorum that everyone corresponds in writing about things that are in circulation,” said Megan Wold, a former law clerk to Alito. “But at the same time, there’s nothing to prevent a justice from picking up the phone to call, from visiting someone else in chambers.”
A major shift in the current abortion case seems less likely, at least partly because of the leak, abortion law experts and people on both sides of the issue said.
“I think the broad contours are very unlikely to change. To the extent the leak matters, it will make broad changes unlikely,” said Mary Ziegler, a scholar of the history of abortion at the Florida State University law school.
Sherif Gergis, a University of Notre Dame law professor who once was a law clerk for Alito, agreed. “I’ll be surprised if it changes very much,” Gergis said.
It’s not clear who leaked the opinion, or for what purpose. But Alito’s writing means that there were at least five votes in December to overrule Roe and Casey, just after the court heard arguments over a Mississippi law that would ban abortion after 15 weeks of pregnancy.
Based on their questions at arguments, Justice Clarence Thomas and former President Donald Trump’s three appointees, Justices Neil Gorsuch, Brett Kavanaugh and Barrett, seemed most likely to join Alito.
Roberts appeared the most inclined among the conservatives to avoid reaching a decision to overrule the landmark abortion rulings, but his questions suggested that he would at the very least vote to uphold the Mississippi law. Even that outcome would dramatically undermine abortion rights and invite states to adopt increasingly stricter limits.
If Roberts, who often prefers incremental steps in an effort to preserve the court’s legitimacy, wanted to prevent the court from overruling Roe and Casey, he’d need to pick up the vote of just one other colleague. That would be enough to deprive Alito of a majority.
The liberal justices, Stephen Breyer, Elena Kagan and Sonia Sotomayor, are expected to dissent from either outcome. But no dissent, separate opinion from Roberts, or even a revised draft majority opinion has been circulated among the justices, Politico reported.
Majority opinions often change in response to friendly suggestions and barbed criticisms. The justices consider the internal back-and-forth a crucial part of their work.
Justice Ruth Bader Ginsburg remarked that pointed criticism from her friend and ideological opposite, Justice Antonin Scalia, made her opinions better. Scalia died in 2016; Ginsburg, four years later.
The lack of any other opinions surprised some former law clerks to the justices, though Wold said it’s also true that bigger, harder cases traditionally take more time.
Several former clerks also said they expect the leak to be discussed at the weekly meeting on Thursday, at which the justices typically finalize opinions in cases they’ve heard and choose cases to hear in the coming months. The spring normally is a tense time at the court, with major decisions looming that often reveal stark divisions and sometimes produce sharp words.
“I would be shocked if it doesn’t come up,” Wold said, adding that, given what has happened, the court would probably take additional precautions with drafts circulating in the future, including limiting who has access to them.
Kent Greenfield, a Boston University law professor who spent a year as a clerk to Souter, also speculated that the leak would be on the table Thursday. “Roberts is in a complete bind. He has to address it, but it doesn’t strike me that he has many options,” Greenfield said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/justices-meet-1st-time-since-leak-draft-roe-ruling/ | 2022-05-12T12:10:03Z |
N. Korea fires 3 ballistic missiles amid 1st virus outbreak
SEOUL, South Korea (AP) — North Korea fired three short-range ballistic missiles toward the sea on Thursday, South Korea’s military said, in the latest of a series of weapons demonstrations this year that came just hours after it confirmed its first case of the coronavirus since the pandemic began.
The launches could underscore North Korea’s determination to press ahead with its efforts to expand its arsenal despite the virus outbreak to rally support behind the leader, Kim Jong Un, and keep up pressure on its rivals amid long-dormant nuclear diplomacy.
South Korea’s Joint Chiefs of Staff said in a statement the three missiles launched from the North’s capital region on Thursday afternoon flew toward the waters off the country’s eastern coast.
It said South Korea’s military has boosted its readiness and surveillance while maintaining close coordination with the United States.
Japan also detected the North Korean launches.
Japanese Prime Minister Fumio Kishida instructed officials to do their utmost to analyze the launch, ensure safety of aircraft and vessels in the area and take precaution and readiness for any possible emergencies, according to his office.
The Japanese coast guard said that a possible ballistic missile from North Korea was believed to have landed at sea. It urged vessels around the Japanese coasts to watch out for falling objects and report them to the authorities.
Earlier Thursday, North Korean state media confirmed the country’s first COVID-19 infections as Kim ordered nationwide lockdowns to slow the spread of the virus. Kim also ordered officials to bolster the country’s defense posture to avoid any security vacuum.
In recent months, North Korea has test-launched a spate of missiles in what experts call an attempt to modernize its weapons and pressure the United States and its allies into accepting it as a nuclear state and relax sanctions on the North. Some observers say that despite the elevated anti-virus steps, North Korea would likely continue its weapons tests to try to boost public morale at home and strengthen loyalty toward the Kim leadership.
Thursday’s launches were the North’s first weapons fired since since the inauguration of new conservative South Korean President Yoon Suk Yeol on Tuesday. Yoon’s office said his national security adviser Kim Sung-han was planning to convene a meeting to discuss the launches.
North Korea has a history of rattling new governments in Seoul and Washington in an apparent bid to boost its bargaining chips in future negotiations. The North Korean nuclear threat will likely top the agenda when Yoon meets visiting U.S. President Joe Biden in Seoul next week.
The North Korean weapons tested recently included a variety of nuclear-capable missiles that could potentially reach South Korea, Japan or the mainland U.S.
Last Saturday, South Korea detected a North Korea ballistic missile launch likely from a submarine in its first underwater-launched weapons test since last October. There are also signs that the North is preparing to conduct its first nuclear test in nearly five years at a remote testing ground in its northeast.
___
Associated Press writer Mari Yamaguchi in Tokyo contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/n-korea-fires-3-ballistic-missiles-amid-1st-virus-outbreak/ | 2022-05-12T12:10:12Z |
New Mexico wildfire grows; California fire destroys mansions
(AP) - The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate.
Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California raced through coastal bluffs of multimillion-dollar mansions, burning at least 20 homes, fire officials said. The flames were fanned by gusty ocean winds, but they were dying down Wednesday night. No injuries were reported, but several streets were ordered evacuated.
The fire, which occurred in Laguna Niguel, was relatively small at about 200 acres (81 hectares), but the wind drove embers into palm trees, attics and dense, dry brush on slopes and steep canyons that hadn’t burned for decades, Brian Fennessy, chief of the Orange County Fire Authority, said at an evening news conference.
Fennessy said climate change has made even small fires that once would have been easily contained into extreme threats to life and property throughout the West.
As night fell, fire officials in New Mexico said the fastest-moving flames along the eastern front of the Sangre de Cristo range on the southern end of the Rockies were headed farther northeast — away from the area’s biggest population center in Taos, a well-known tourist enclave 40 miles (64 kilometers) south of the Colorado line.
“Currently no issues in the Taos area,” fire operations chief Todd Abel said. “The fire is kind of wanting to move to the north and east a little bit. But we’re still going to pay close attention.”
Some aircraft were able to fly to drop retardant on the blaze despite winds gusting in some areas in excess of 45 mph (72 kph). And some evacuation orders were relaxed along the southern flank of the fire near Las Vegas, New Mexico — more than 50 miles (80 km) south of the flames on the northern perimeter.
Additional crews were on order to join the more than 1,800 personnel fighting the fire, and forecasters said conditions should be more favorable by the weekend if crews can hold their ground through another red-flag warning stretch into Thursday evening.
On Wednesday, the most active part of the wind-fueled fire northeast of Mora was tossing hot embers farther into unburned territory giving the fire an even bigger foothold on the tinder-dry landscape.
“Another hot, dry, windy day. No surprises there,” fire incident meteorologist Makoto Moore said at Wednesday night’s briefing in Las Vegas.
After growing more than 50 square miles (130 square kilometers) the day before, the fire had charred more than 370 square miles (958 square kilometers) by Wednesday morning. Evacuations were ordered for villages south of the resort town of Angel Fire east of Taos, where residents were told to also be packed and ready to go.
The towering plume of smoke created by the raging wildfire could be seen hundreds of miles away Wednesday afternoon, but it was more unnerving for residents of Taos.
“I think everyone is a little on edge,” Karina Armijo, a town spokeswoman, said Wednesday, adding that she’s been busy fielding calls from people who are wondering whether it’s still safe to visit. “It’s hard to say what’s going to happen a week from now versus three weeks from now — or even tomorrow.”
In winter, the challenging ski slopes just north of town draw people from around the world. Just last month, the Taos ski valley hosted the World Pro Ski Tour’s championship races. Art galleries, adobe churches and a rich history of Hispanic and Native American culture are the attractions in warmer months along with the aspen-covered biking and hiking trails that traverse the region.
The fire already has burned through a forested landscape held sacred by its rural residents, many losing homes that have been in their families for generations. Some residents allowed to return Tuesday and Wednesday found only charred rubble. Others were more fortunate as the flames skirted their homes.
Firefighters were working to protect buildings around the towns of Mora and Holman and in smaller villages to the north, while authorities closed many roads in the area due to firefighting activity, smoke and fire danger.
“This is tough firefighting business right here,” fire Incident Commander Dave Bales said in a briefing. “This is not easy, especially in the fuel types we’re in, in the Ponderosa pine, mixed conifer, even down into the grass. When we can’t fly aircraft, when we can’t get people on the direct edge of the fire, when it’s spotting over us, that’s a huge concern for us.”
A federal disaster already has been declared because of the blaze, which is partly the result of a preventative fire that escaped containment on April 6 after it was set to clear brush and small trees so they could not serve as wildfire fuel. That fire merged with another wildfire several weeks later.
Crews also were battling a smaller fire near Los Alamos National Laboratory, a key government facility for nuclear research that has been tapped to ramp up production of plutonium components for the nation’s nuclear arsenal. Most employees began working remotely this week as the lab and adjacent town prepared for possible evacuations as a precaution.
Crews working that blaze have been using heavy machinery to clear out vegetation and build more fire lines in hopes of keeping the flames from moving closer to the community.
___
Montoya Bryan reported from Albuquerque. Associated Press writer Scott Sonner contributed to this report from Reno, Nevada.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/new-mexico-wildfire-grows-california-fire-destroys-mansions/ | 2022-05-12T12:10:19Z |
Nursing home resident accused of beating another resident to death
PALM COAST (WESH) - A 72-year-old nursing home resident from Florida is in custody after he allegedly admitted to killing another resident found unresponsive in his room.
Cliff Mody, 72, is charged with second-degree murder after officials say he admitted to beating another resident at Gold Choice Assisted Living & Memory Care in Palm Coast, Florida. Deputies were called around 2 a.m. Wednesday when staff members making rounds made a gruesome discovery.
Investigators say a 77-year-old female resident was found unresponsive, lying on Mody’s bed with obvious facial injuries.
“He had blood on his hands, and she had a busted lip. I could look at her as soon as I walked in and knew she was expired. I felt for a pulse, and there was no pulse,” said an employee who called 911.
The victim apparently wandered into Mody’s room in the memory care wing before the attack. She was pronounced dead at the scene.
Mody allegedly confessed to staff members when they went into the room.
“I said, ‘What happened?’ He goes, ‘She wandered in my room… And I said, ‘Well, what did you do? I see her lip’s busted. What else did you do to her?’ And he goes, ‘I choked her,’” the 911 caller said.
According to the employee who called for help, Mody had only recently been moved to the memory care side of the facility after allegedly attacking someone on the assisted living side.
Whether all protocols were followed is part of the Flagler County Sheriff’s Office’s investigation.
“It’s a horrible tragedy what has happened. The sheriff and members of the agency want the families to know that they’re in our thoughts and prayers,” said Chief Kim Burroughs with the sheriff’s office’s Investigative Services Division.
Mody is being held with no bond, according to the sheriff’s office.
Copyright 2022 WESH via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/05/12/nursing-home-resident-accused-beating-another-resident-death/ | 2022-05-12T12:10:26Z |
Russia hits Ukraine’s east as Finland moves toward NATO bid
KYIV, Ukraine (AP) - Russia pounded areas in Ukraine’s east on Thursday, including the last pocket of resistance in besieged Mariupol, as the war pushed Finland closer to ending decades of neutrality and seeking NATO membership.
The conflict on the ground slogged on even as the globe-shaking repercussions of the invasion spread, with Ukraine’s military recapturing some towns and villages in the country’s northeast but acknowledging that Russian forces have seen “partial success” farther south in the eastern industrial heartland of the Donbas.
Finland’s president and prime minister said Thursday that the Nordic country should apply “without delay” for membership in the Western alliance, founded in part to counter the Soviet Union. The announcement means Finland is all but certain to join the military alliance, though a few steps remain before the application process can begin. Neighboring Sweden is expected to decide on joining NATO within days.
Russia said the move would not help stability and security in Europe. Kremlin spokesman Dmitry Peskov said Russia’s response would depend on what specific steps NATO took to bring its infrastructure closer to Russian borders. Finland and Russia share a 1,340-kilometer (830-mile) land border.
NATO’s support of Ukraine — particularly by supplying weapons — has been critical to Kyiv’s surprising success in stymieing Russia’s invasion, which began on Feb. 24. Many observers thought Moscow’s larger and better-armed military would be hard to stop, but the Ukrainians have bogged Russian troops down and thwarted their goal of overrunning the capital.
Still, the war has unleashed staggering destruction, killed thousands and forced millions from their homes, while shattering Europe’s sense of post-Cold War stability. It has prompted NATO to send troops and weapons to fortify the alliance’s eastern frontier and led Sweden and Finland to reconsider longstanding opposition to joining the trans-Atlantic alliance, whose members are committed to mutual defense.
WARNING: Some videos used may contain graphic content.
In Mariupol, which has seen some of the worst destruction of the war, Ukraine offered to release Russian prisoners of war in exchange for the safe evacuation of badly wounded fighters trapped inside the Azovstal steel mill, the last redoubt of Ukrainian forces in the ruined city.
Ukrainian Deputy Prime Minister Iryna Vereshchuk said that negotiations were underway to release the wounded. She said there were different options, but “none of them is ideal.”
Russia’s forces have taken control of the rest of the city, which they besieged for weeks, as residents ran short of food, water and medicine. Many thousands have fled, saying almost nothing remains of the port city, but an adviser to the Mariupol mayor said Russian forces have now blocked all evacuation routes.
Petro Andriushchenko said there are few apartment buildings fit to live in, and some remaining residents are cooperating with occupying Russian forces in exchange for food, though he did say Thursday the troops have resumed water supplies to two neighborhoods as a test.
“The occupiers turned Mariupol into a medieval ghetto,” said Mayor Vadym Boychenko in comments published by City Hall, as he called for a complete evacuation of the city. Officials said in recent weeks that about 100,000 residents could still be trapped in Mariupol, which had a prewar population of over 400,000.
Russian and Ukrainian authorities have periodically agreed to cease-fires to evacuate residents, and repeatedly blamed each other when those efforts failed.
In the wake of their failure to take Kyiv, Russian forces pulled back and regrouped — and switched their focus to Ukraine’s Donbas, a region where Moscow-backed separatists have fought Ukrainian troops for years. While Russia’s advance there has been slow, the general staff of Ukraine’s armed forces noted Thursday that Moscow has achieved a “partial success.”
It said Ukrainian forces repulsed nine attacks by Russian forces and destroyed several drone and military vehicles. The information could not be independently verified.
Britain’s Defense Ministry, meanwhile, said Russia’s focus on the Donbas had left its remaining troops around the northeastern city of Kharkiv vulnerable to counterattack from Ukrainian forces, which had recaptured several towns and villages.
Kharkiv, Ukraine’s second-largest city, has suffered heavy Russian bombardment during the war as Russia sought to encircle it. But the U.K. said on social media that “it has reportedly withdrawn units from the region to reorganize and replenish its forces following heavy losses.”
It said that withdrawal was “a tacit recognition of Russia’s inability to capture key Ukrainian cities where they expected limited resistance from the population.”
Evacuees from towns in the embattled east wiped away tears as they carried their children and belongings onto buses and vans to flee.
“It is terrible there now. We were leaving under missiles,” said Tatiana Kravstova, who left the town of Siversk with her 8-year-old son Artiom on a bus headed to the central city of Dnipro. “I don’t know where they were aiming at, but they were pointing at civilians.”
In addition to continuing attacks near Kharkiv, Ukraine’s military also said Russian forces had fired artillery and grenade launchers at Ukrainian troops in the direction of Zaporizhzhia, which has been a refuge for civilians fleeing Mariupol, and attacked in the Chernihiv and Sumy regions to the north.
Overnight airstrikes in the Chernihiv region killed three people and wounded 12, according to local media citing emergency services. The regional governor said the strikes on the town of Novhorod-Siverskyi damaged a boarding school, dormitory and administrative building.
President Vladimir Putin reaffirmed Russia’s determination to ensure territory in the Donbas held by Moscow-backed separatists never returns to Ukraine in a congratulatory message Thursday to the head of the self-proclaimed Luhansk People’s Republic.
On the eve of its invasion, Russia recognized the separatists’ claim to independence in Luhansk as well as in the other Donbas region of Donetsk. Moscow sought to justify its offensive by claiming, without evidence, that Ukraine was planning to attack areas held by separatists and that it intervened to protect people in those regions.
“I am sure that through our joint efforts we will defend the independence, sovereignty and territorial integrity” of the Luhansk republic, Putin said in a statement released by the Kremlin.
Elsewhere, Kyiv prepared for its first war crimes trial of a captured Russian soldier. Ukraine’s top prosecutor said her office charged Russian Sgt. Vadin Shyshimarin, 21, in the killing of an unarmed 62-year-old civilian who was gunned down while riding a bicycle in February, four days into the war.
Prosecutor General Iryna Venediktova’s office has said it has been investigating more than 10,700 allegations of war crimes committed by Russian forces and has identified over 600 suspects.
Volodymyr Yavorskyy of the Center for Civil Liberties said the Ukrainian human rights group will be closely following Shyshimarin’s trial to see if it is fair — noting the difficulty of observing the norms of such trials during wartime.
On the economic front, Ukraine shut down a pipeline that carries Russian gas across Ukraine to homes and industries in Western Europe, disrupting the westward flow of one of Moscow’s most lucrative exports.
The immediate effect is likely to be limited, in part because Russia can divert the gas to another pipeline and because Europe relies on a variety of suppliers. Still, the cutoff underscored the broader risk to gas supplies from the war.
In the southern Kherson region, site of the first major Ukrainian city to fall in the war, a Moscow-appointed leader said officials there want Putin to annex the area. Kirill Stremousov said: “The city of Kherson is Russia.”
That was something at least one resident contested. “All people in Kherson are waiting for our troops to come as soon as possible,” said a teacher who gave only her first name, Olga, out of fear of retaliation. “Nobody wants to live in Russia or join Russia.”
___
Yesica Fisch in Bakhmut, David Keyton in Kyiv, Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, and AP staffers around the world contributed.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/russia-hits-ukraines-east-finland-moves-toward-nato-bid/ | 2022-05-12T12:10:33Z |
United States to host Rugby World Cup for 1st time
(AP) - The United States will stage a Rugby World Cup for the first time after being voted as the host of the men’s tournament in 2031 and the women’s tournament two years later.
World Rugby announced the host nations for all the World Cups from 2025-33 after a meeting of its council in Dublin on Thursday, with Australia also staging back-to-back tournaments in 2027 (men) and 2029 (women).
The sport is breaking new ground by taking the men’s tournament — World Rugby’s most lucrative asset — to North America, with the governing body regarding it as an area of untapped potential in both a commercial and sporting sense. The women’s World Cup was played in Canada in 2006.
USA Rugby chief executive Ross Young described the decision as a “paradigm-shifting catalyst for the growth of our sport, not only here in the United States but around the world.”
“USA Rugby will now venture into a new era,” Young added, “and ensure the sport’s most treasured event is a springboard for creating lasting, sustainable enthusiasm and passion for rugby from coast to coast.”
Hosting the two World Cups will cost around $500 million, with profits and losses shared between World Rugby and USA Rugby. More than 20 American cities are potential hosts for World Cup matches, USA Rugby has said.
The bid received support from the White House, with U.S. President Joe Biden sending a letter to World Rugby last month giving governmental guarantees and his backing for the “development of rugby in the United States.”
The men’s Rugby World Cup is regarded in some parts of the world as the third biggest sporting event, after the soccer World Cup and the summer Olympics.
The United States is hosting all three events in a five-year span from 2026, starting with the men’s soccer World Cup that year — with Mexico and Canada as co-hosts — and then the Olympics in Los Angeles in 2028.
“The unparalleled growth made possible by bringing the world’s third-largest sports event and the fastest growing women’s event to the world’s largest sports market cannot be overstated,” USA Rugby said.
The Sydney Harbour Bridge was lit up in green and gold after World Rugby’s announcement, which sees the men’s tournament returning to Australia for the first time since 2003.
It is being viewed as a chance to rejuvenate rugby in the country as the World Cups come after the British and Irish Lions tour of Australia in 2025, bringing much-needed revenue to its governing body — Rugby Australia — that was badly hit by the pandemic.
Rugby Australia chief executive Andy Marinos called it “the start of a new era for Australian Rugby.”
“Australia will become the center of the rugby world over the next decade,” he said, “and that is incredibly exciting.”
The 2027 tournament will be the 40th anniversary of Australia and New Zealand hosting the first Rugby World Cup in 1987.
For the first time, World Rugby is using a new partnership hosting model as part of a streamlined bid process. Australia had already been named as the “preferred candidate” for the 2027 and ‘29 tournaments while the United States had entered “exclusive targeted dialogue” with World Rugby for the 2031 men’s tournament.
England was announced as the host of the women’s World Cup in 2025.
___
More AP rugby: https://apnews.com/hub/rugby and https://twitter.com/AP_Sports
___
Steve Douglas is at https://twitter.com/sdouglas80
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/05/12/united-states-host-rugby-world-cup-1st-time/ | 2022-05-12T12:10:41Z |
N. Korea fires 3 ballistic missiles amid 1st virus outbreak
SEOUL, South Korea (AP) — North Korea fired three short-range ballistic missiles toward the sea on Thursday, South Korea’s military said, in the latest of a series of weapons demonstrations this year that came just hours after it confirmed its first case of the coronavirus since the pandemic began.
The launches could underscore North Korea’s determination to press ahead with its efforts to expand its arsenal despite the virus outbreak to rally support behind the leader, Kim Jong Un, and keep up pressure on its rivals amid long-dormant nuclear diplomacy.
South Korea’s Joint Chiefs of Staff said in a statement the three missiles launched from the North’s capital region on Thursday afternoon flew toward the waters off the country’s eastern coast.
It said South Korea’s military has boosted its readiness and surveillance while maintaining close coordination with the United States.
Japan also detected the North Korean launches.
Japanese Prime Minister Fumio Kishida instructed officials to do their utmost to analyze the launch, ensure safety of aircraft and vessels in the area and take precaution and readiness for any possible emergencies, according to his office.
The Japanese coast guard said that a possible ballistic missile from North Korea was believed to have landed at sea. It urged vessels around the Japanese coasts to watch out for falling objects and report them to the authorities.
Earlier Thursday, North Korean state media confirmed the country’s first COVID-19 infections as Kim ordered nationwide lockdowns to slow the spread of the virus. Kim also ordered officials to bolster the country’s defense posture to avoid any security vacuum.
In recent months, North Korea has test-launched a spate of missiles in what experts call an attempt to modernize its weapons and pressure the United States and its allies into accepting it as a nuclear state and relax sanctions on the North. Some observers say that despite the elevated anti-virus steps, North Korea would likely continue its weapons tests to try to boost public morale at home and strengthen loyalty toward the Kim leadership.
Thursday’s launches were the North’s first weapons fired since since the inauguration of new conservative South Korean President Yoon Suk Yeol on Tuesday. Yoon’s office said his national security adviser Kim Sung-han was planning to convene a meeting to discuss the launches.
North Korea has a history of rattling new governments in Seoul and Washington in an apparent bid to boost its bargaining chips in future negotiations. The North Korean nuclear threat will likely top the agenda when Yoon meets visiting U.S. President Joe Biden in Seoul next week.
The North Korean weapons tested recently included a variety of nuclear-capable missiles that could potentially reach South Korea, Japan or the mainland U.S.
Last Saturday, South Korea detected a North Korea ballistic missile launch likely from a submarine in its first underwater-launched weapons test since last October. There are also signs that the North is preparing to conduct its first nuclear test in nearly five years at a remote testing ground in its northeast.
___
Associated Press writer Mari Yamaguchi in Tokyo contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/n-korea-fires-3-ballistic-missiles-amid-1st-virus-outbreak/ | 2022-05-12T12:18:35Z |
New Mexico wildfire grows; California fire destroys mansions
(AP) - The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate.
Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California raced through coastal bluffs of multimillion-dollar mansions, burning at least 20 homes, fire officials said. The flames were fanned by gusty ocean winds, but they were dying down Wednesday night. No injuries were reported, but several streets were ordered evacuated.
The fire, which occurred in Laguna Niguel, was relatively small at about 200 acres (81 hectares), but the wind drove embers into palm trees, attics and dense, dry brush on slopes and steep canyons that hadn’t burned for decades, Brian Fennessy, chief of the Orange County Fire Authority, said at an evening news conference.
Fennessy said climate change has made even small fires that once would have been easily contained into extreme threats to life and property throughout the West.
As night fell, fire officials in New Mexico said the fastest-moving flames along the eastern front of the Sangre de Cristo range on the southern end of the Rockies were headed farther northeast — away from the area’s biggest population center in Taos, a well-known tourist enclave 40 miles (64 kilometers) south of the Colorado line.
“Currently no issues in the Taos area,” fire operations chief Todd Abel said. “The fire is kind of wanting to move to the north and east a little bit. But we’re still going to pay close attention.”
Some aircraft were able to fly to drop retardant on the blaze despite winds gusting in some areas in excess of 45 mph (72 kph). And some evacuation orders were relaxed along the southern flank of the fire near Las Vegas, New Mexico — more than 50 miles (80 km) south of the flames on the northern perimeter.
Additional crews were on order to join the more than 1,800 personnel fighting the fire, and forecasters said conditions should be more favorable by the weekend if crews can hold their ground through another red-flag warning stretch into Thursday evening.
On Wednesday, the most active part of the wind-fueled fire northeast of Mora was tossing hot embers farther into unburned territory giving the fire an even bigger foothold on the tinder-dry landscape.
“Another hot, dry, windy day. No surprises there,” fire incident meteorologist Makoto Moore said at Wednesday night’s briefing in Las Vegas.
After growing more than 50 square miles (130 square kilometers) the day before, the fire had charred more than 370 square miles (958 square kilometers) by Wednesday morning. Evacuations were ordered for villages south of the resort town of Angel Fire east of Taos, where residents were told to also be packed and ready to go.
The towering plume of smoke created by the raging wildfire could be seen hundreds of miles away Wednesday afternoon, but it was more unnerving for residents of Taos.
“I think everyone is a little on edge,” Karina Armijo, a town spokeswoman, said Wednesday, adding that she’s been busy fielding calls from people who are wondering whether it’s still safe to visit. “It’s hard to say what’s going to happen a week from now versus three weeks from now — or even tomorrow.”
In winter, the challenging ski slopes just north of town draw people from around the world. Just last month, the Taos ski valley hosted the World Pro Ski Tour’s championship races. Art galleries, adobe churches and a rich history of Hispanic and Native American culture are the attractions in warmer months along with the aspen-covered biking and hiking trails that traverse the region.
The fire already has burned through a forested landscape held sacred by its rural residents, many losing homes that have been in their families for generations. Some residents allowed to return Tuesday and Wednesday found only charred rubble. Others were more fortunate as the flames skirted their homes.
Firefighters were working to protect buildings around the towns of Mora and Holman and in smaller villages to the north, while authorities closed many roads in the area due to firefighting activity, smoke and fire danger.
“This is tough firefighting business right here,” fire Incident Commander Dave Bales said in a briefing. “This is not easy, especially in the fuel types we’re in, in the Ponderosa pine, mixed conifer, even down into the grass. When we can’t fly aircraft, when we can’t get people on the direct edge of the fire, when it’s spotting over us, that’s a huge concern for us.”
A federal disaster already has been declared because of the blaze, which is partly the result of a preventative fire that escaped containment on April 6 after it was set to clear brush and small trees so they could not serve as wildfire fuel. That fire merged with another wildfire several weeks later.
Crews also were battling a smaller fire near Los Alamos National Laboratory, a key government facility for nuclear research that has been tapped to ramp up production of plutonium components for the nation’s nuclear arsenal. Most employees began working remotely this week as the lab and adjacent town prepared for possible evacuations as a precaution.
Crews working that blaze have been using heavy machinery to clear out vegetation and build more fire lines in hopes of keeping the flames from moving closer to the community.
___
Montoya Bryan reported from Albuquerque. Associated Press writer Scott Sonner contributed to this report from Reno, Nevada.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/new-mexico-wildfire-grows-california-fire-destroys-mansions/ | 2022-05-12T12:18:41Z |
United States to host Rugby World Cup for 1st time
(AP) - The United States will stage a Rugby World Cup for the first time after being voted as the host of the men’s tournament in 2031 and the women’s tournament two years later.
World Rugby announced the host nations for all the World Cups from 2025-33 after a meeting of its council in Dublin on Thursday, with Australia also staging back-to-back tournaments in 2027 (men) and 2029 (women).
The sport is breaking new ground by taking the men’s tournament — World Rugby’s most lucrative asset — to North America, with the governing body regarding it as an area of untapped potential in both a commercial and sporting sense. The women’s World Cup was played in Canada in 2006.
USA Rugby chief executive Ross Young described the decision as a “paradigm-shifting catalyst for the growth of our sport, not only here in the United States but around the world.”
“USA Rugby will now venture into a new era,” Young added, “and ensure the sport’s most treasured event is a springboard for creating lasting, sustainable enthusiasm and passion for rugby from coast to coast.”
Hosting the two World Cups will cost around $500 million, with profits and losses shared between World Rugby and USA Rugby. More than 20 American cities are potential hosts for World Cup matches, USA Rugby has said.
The bid received support from the White House, with U.S. President Joe Biden sending a letter to World Rugby last month giving governmental guarantees and his backing for the “development of rugby in the United States.”
The men’s Rugby World Cup is regarded in some parts of the world as the third biggest sporting event, after the soccer World Cup and the summer Olympics.
The United States is hosting all three events in a five-year span from 2026, starting with the men’s soccer World Cup that year — with Mexico and Canada as co-hosts — and then the Olympics in Los Angeles in 2028.
“The unparalleled growth made possible by bringing the world’s third-largest sports event and the fastest growing women’s event to the world’s largest sports market cannot be overstated,” USA Rugby said.
The Sydney Harbour Bridge was lit up in green and gold after World Rugby’s announcement, which sees the men’s tournament returning to Australia for the first time since 2003.
It is being viewed as a chance to rejuvenate rugby in the country as the World Cups come after the British and Irish Lions tour of Australia in 2025, bringing much-needed revenue to its governing body — Rugby Australia — that was badly hit by the pandemic.
Rugby Australia chief executive Andy Marinos called it “the start of a new era for Australian Rugby.”
“Australia will become the center of the rugby world over the next decade,” he said, “and that is incredibly exciting.”
The 2027 tournament will be the 40th anniversary of Australia and New Zealand hosting the first Rugby World Cup in 1987.
For the first time, World Rugby is using a new partnership hosting model as part of a streamlined bid process. Australia had already been named as the “preferred candidate” for the 2027 and ‘29 tournaments while the United States had entered “exclusive targeted dialogue” with World Rugby for the 2031 men’s tournament.
England was announced as the host of the women’s World Cup in 2025.
___
More AP rugby: https://apnews.com/hub/rugby and https://twitter.com/AP_Sports
___
Steve Douglas is at https://twitter.com/sdouglas80
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/05/12/united-states-host-rugby-world-cup-1st-time/ | 2022-05-12T12:18:48Z |
Gala honors Pharmaceutical Leader AbbVie, Inc. and Industry Innovator Evommune
Event Funds Cutting-Edge Medical Research and Educational Programs Promoting Skin Health and Sun Safety to Youth
NEW YORK, May 12, 2022 /PRNewswire/ -- Last night, American Skin Association (ASA) held their virtual Spring Gala and presented awards to two outstanding honorees and celebrated another successful year of funding research and educating youth on skin health. The gala is attended annually by their loyal supporters and donors, including philanthropists, business leaders, and many renowned physicians from the field of dermatology.
Howard P. Milstein, Chairman of ASA, said, "ASA is proud to honor AbbVie and Evommune for their important work in the field of dermatology and their outstanding commitment to medical advancements. Both share in ASA's critical mission of finding cures for skin diseases, and we sincerely appreciate their continued support of our efforts."
This year, awards were presented to the following:
Global biopharmaceutical company AbbVie, Inc. received the 2022 Distinguished Corporate Leadership Award. The award was presented by Mark Lebwohl, MD, Dean of Clinical Therapeutics for the Department of Dermatology at the Icahn School of Medicine at Mount Sinai and was accepted by AbbVie's Vice President of Dermatology, Michael Rancourt. AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. The company's identity is shaped by the work done to produce innovative medicines, continually investing in its pipeline, and giving back to create healthier, more vibrant communities.
The 2022 Corporate Innovation Award was presented by Emma Guttman-Yassky, MD, PhD, Waldman Professor and System Chair of Dermatology and Immunology at the Icahn School of Medicine at Mount Sinai and James Krueger, MD, PhD, David Martin Carter Professor in Clinical Investigation and Co-Director of the Center for Clinical and Translational Science at The Rockefeller University. Luis Peña, Co-founder, President, and Chief Executive Officer of Evommune, accepted the award. Evommune is a clinical-stage biotechnology company dedicated to the development of transformative medicines for inflammatory diseases. The company leverages its innovative, tissue-based approach to advance insights and accelerate the development of these transformative therapies.
President of ASA, Dr. David Norris, said, "I congratulate AbbVie and Evommune on these well-deserved honors! We are immensely proud of the work ASA is doing. We look forward to continuing to build strong corporate partnerships, as we work to provide hope to those suffering from skin diseases."
For thirty-five years, ASA and its affiliates have funded over $50 million in grants to support the work of more than 300 promising young scientists. Recipients have gone on to become top researchers in their fields, working on breakthrough efforts to prevent, detect, and treat skin cancer and other skin diseases. More than 100 million Americans – one-third of the U.S. population – suffer from skin disorders. The critical research funded by ASA addresses not only the causes and treatments of melanoma, vitiligo, psoriasis, atopic dermatitis, and other skin diseases, but also promises remarkable breakthroughs in the search for long-sought-after cures.
ASA's educational mission is no less crucial. The organization continues to support the SPOTS (Sun Protection Outreach Teaching by Students) program, a free community outreach program designed to teach students from preschool through high school about the importance of early detection and prevention of skin cancer. ASA's educational contributions are part of a growing worldwide understanding of the importance of skin health awareness.
Dave Price, NBC's Emmy-winning weather anchor, acted as the event's Master of Ceremonies. Price, who has emceed the event in previous years, was a wonderful addition to the exciting evening.
ABOUT AMERICAN SKIN ASSOCIATION
A unique collaboration of patients, families, advocates, physicians, and scientists, ASA has evolved over thirty-five years as a leading force in efforts to defeat melanoma, vitiligo, psoriasis, atopic dermatitis, and other skin diseases. Established to serve the now more than 100 million Americans – one-third of the U.S. population – afflicted with skin disorders, the organization's mission remains to: advance research, champion skin health, particularly among children, and drive public awareness about skin disease. ASA is a 501(c)3 non-profit organization. For more information, visit americanskin.org.
American Skin Association has earned Candid's Seal of Platinum Transparency.
View original content to download multimedia:
SOURCE American Skin Association | https://www.whsv.com/prnewswire/2022/05/12/american-skin-association-spring-gala-celebrates-outstanding-honorees/ | 2022-05-12T12:22:56Z |
Campaign Drives Awareness of Potential Early Symptoms of Psoriatic Arthritis and Empowers People to Take Action
THOUSAND OAKS, Calif., May 12, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) and Otezla® (apremilast) have partnered with pop icon and entrepreneur Lance Bass, for the Double Take campaign to empower people to take action when it comes to psoriatic arthritis. As a singer, dancer and entertainer, Bass understands the importance of staying in tune with your body. Through the campaign, he has created a fun and educational dance to help make it easy for everyone to recognize the early signs and symptoms of psoriatic arthritis, a condition Bass has lived with for over a decade.
When Bass first started experiencing pain in his hands and shoulders he blamed it on other factors, such as his active lifestyle as a dancer and getting older. With support from from his friends and family, he decided to see a doctor and was diagnosed with psoriatic arthritis – a chronic, inflammatory form of arthritis which can cause swelling, stiffness and pain in and around the joints that worsens over time. About one million Americans are affected by psoriatic arthritis, which can develop in up to 30% of patients diagnosed with psoriasis. Like Bass, people often dismiss the signs and symptoms, attributing them to lifestyle factors like overexercising or aging. Now Bass, who does not take Otezla but has been living with the condition for 10 years, is encouraging others to not dismiss the signs and to do a "Double Take" if they are experiencing potential symptoms of psoriatic arthritis.
"I was officially diagnosed with psoriatic arthritis about 5 years ago. When I found out that the symptoms I was experiencing were a result of psoriatic arthritis, I was surprised and scared – I was only in my 30s," said Bass. "I've learned the importance of understanding and recognizing the early symptoms of psoriatic arthritis. You don't have to brush it off or deal with it. I teamed up with Amgen on the Double Take campaign to share my story and empower others to take action."
"Psoriatic arthritis is a form of arthritis that can affect people who have psoriasis and is caused by overactive inflammation of cells inside the body," said Alvin F. Wells, M.D., Ph.D., director of the Rheumatology and Immunotherapy Center in Oak Creek, Wisconsin. "As a rheumatologist, I know all too well how the symptoms of psoriatic arthritis can go beyond pain and the importance of early diagnosis. Symptoms such as scalp psoriasis or pitted nails, in addition to joint pain, could point to psoriatic arthritis. If people see these signs, it's important to speak with your doctor as soon as possible, especially if you have been diagnosed with psoriasis."
Made by Amgen, Otezla is a prescription medicine approved for the treatment of adult patients with active psoriatic arthritis. The most common side effects reported in more than 5% of patients are diarrhea, nausea, and headache.
To learn more about Bass' story, the Double Take dance, and the signs and symptoms of psoriatic arthritis, visit PsADoubleTake.com.
About Psoriatic Arthritis
Psoriatic arthritis is a chronic, inflammatory form of arthritis which can cause swelling, stiffness and pain in and around the joints that worsens over time and can decrease physical function. Two distinct physical symptoms of psoriatic arthritis are dactylitis (inflammation of an entire digit) and enthesitis (inflammation at sites where tendons or ligaments insert into bone). Patients usually also experience red patches of skin topped with silvery scales, or skin lesions.
It is estimated that nearly 38 million people worldwide have psoriatic arthritis. Around a third of people living with psoriasis may go on to develop psoriatic arthritis. If left untreated, psoriatic arthritis can have disabling results. Appropriate diagnosis and treatment can help manage symptoms.
About Otezla® (apremilast)
OTEZLA® (apremilast) is an oral small-molecule inhibitor of phosphodiesterase 4 (PDE4) specific for cyclic adenosine monophosphate (cAMP). PDE4 inhibition results in increased intracellular cAMP levels, which is thought to indirectly modulate the production of inflammatory mediators. The specific mechanism(s) by which Otezla exerts its therapeutic action in patients is not well defined.
Otezla® (apremilast) U.S. INDICATIONS
Otezla® (apremilast) is indicated for the treatment of adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.
Otezla is indicated for the treatment of adult patients with active psoriatic arthritis.
Otezla is indicated for the treatment of adult patients with oral ulcers associated with Behçet's Disease.
Otezla® (apremilast) U.S. IMPORTANT SAFETY INFORMATION
Contraindications
- Otezla® is contraindicated in patients with a known hypersensitivity to apremilast or to any of the excipients in the formulation.
Warnings and Precautions
- Diarrhea, Nausea, and Vomiting: Cases of severe diarrhea, nausea, and vomiting were associated with the use of Otezla. Most events occurred within the first few weeks of treatment. In some cases patients were hospitalized. Patients 65 years of age or older and patients taking medications that can lead to volume depletion or hypotension may be at a higher risk of complications from severe diarrhea, nausea, or vomiting. Monitor patients who are more susceptible to complications of diarrhea or vomiting; advise patients to contact their healthcare provider. Consider Otezla dose reduction or suspension if patients develop severe diarrhea, nausea, or vomiting.
- Depression: Carefully weigh the risks and benefits of treatment with Otezla for patients with a history of depression and/or suicidal thoughts/behavior, or in patients who develop such symptoms while on Otezla. Patients, caregivers, and families should be advised of the need to be alert for the emergence or worsening of depression, suicidal thoughts or other mood changes, and they should contact their healthcare provider if such changes occur.
- Weight Decrease: Monitor body weight regularly; evaluate unexplained or clinically significant weight loss, and consider discontinuation of Otezla.
- Drug Interactions: Apremilast exposure was decreased when Otezla was co-administered with rifampin, a strong CYP450 enzyme inducer; loss of Otezla efficacy may occur. Concomitant use of Otezla with CYP450 enzyme inducers (e.g., rifampin, phenobarbital, carbamazepine, phenytoin) is not recommended.
Adverse Reactions
- Plaque Psoriasis: The most common adverse reactions (≥ 5%) are diarrhea, nausea, upper respiratory tract infection, and headache, including tension headache. Overall, the safety profile of Otezla in patients with mild to moderate plaque psoriasis was consistent with the safety profile previously established in adult patients with moderate to severe plaque psoriasis.
- Psoriatic Arthritis: The most common adverse reactions (≥ 5%) are diarrhea, nausea, and headache.
- Behçet's Disease: The most common adverse reactions (≥ 10%) are diarrhea, nausea, headache, and upper respiratory tract infection.
Use in Specific Populations
- Otezla has not been studied in pregnant women. Advise pregnant women of the potential risk of fetal loss.
Please click here for the Full Prescribing Information for Otezla.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
Amgen Forward-Looking Statements
This news release contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeiGene, Ltd., Kyowa-Kirin Co., Ltd., or any collaboration to manufacture therapeutic antibodies against COVID-19), the performance of Otezla® (apremilast) (including anticipated Otezla sales growth and the timing of non-GAAP EPS accretion), the Five Prime Therapeutics, Inc. acquisition, or the Teneobio, Inc. acquisition, as well as estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory or clinical results or practices, customer and prescriber patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems such as the ongoing COVID-19 pandemic on our business, and other such estimates and results. Forward-looking statements involve significant risks and uncertainties, including those discussed below and more fully described in the Securities and Exchange Commission reports filed by Amgen, including our most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Unless otherwise noted, Amgen is providing this information as of the date of this news release and does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.
No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. We or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. If we fail to meet the compliance obligations in the corporate integrity agreement between us and the U.S. government, we could become subject to significant sanctions. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including in Puerto Rico, and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. An outbreak of disease or similar public health threat, such as COVID-19, and the public and governmental effort to mitigate against the spread of such disease, could have a significant adverse effect on the supply of materials for our manufacturing activities, the distribution of our products, the commercialization of our product candidates, and our clinical trial operations, and any such events may have a material adverse effect on our product development, product sales, business and results of operations. We rely on collaborations with third parties for the development of some of our product candidates and for the commercialization and sales of some of our commercial products. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to collaborate with or acquire other companies, products or technology, and to integrate the operations of companies or to support the products or technology we have acquired, may not be successful. A breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by a number of events. Our business and operations may be negatively affected by the failure, or perceived failure, of achieving our environmental, social and governance objectives. The effects of global climate change and related natural disasters could negatively affect our business and operations. Global economic conditions may magnify certain risks that affect our business. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all.
CONTACT: Amgen, Thousand Oaks
Michael Strapazon, 805-313-5553 (media)
Jessica Akopyan, 805-447-0974 (media)
Arvind Sood, 805-447-1060 (investors)
View original content to download multimedia:
SOURCE Amgen | https://www.whsv.com/prnewswire/2022/05/12/amgen-lance-bass-partner-encourage-people-do-double-take-recognize-early-signs-psoriatic-arthritis/ | 2022-05-12T12:23:02Z |
20 of the Nation's Most Talented Artists, All YoungArts Award Winners, Receive High Honor Bestowed by the President of the United States
MIAMI, May 12, 2022 /PRNewswire/ -- YoungArts congratulates the 58th class of U.S. Presidential Scholars, with special acknowledgement to the 20 U.S. Presidential Scholars in the Arts (full list below) who are YoungArts award winners and were nominated for the honor by YoungArts. The U.S. Presidential Scholars award—one of the nation's highest honors for high school students who exemplify academic excellence, leadership qualities and community service—is presented on behalf of the President of the United States and honors up to 161 graduating high school seniors of high potential each year. Students who would like to be considered for U.S. Presidential Scholars in the Arts must be YoungArts award winners. Applications for the 2023 YoungArts competition will open on June 7, 2022 at youngarts.org/competition.
Lauren Snelling, artistic director of YoungArts, said, "The 2022 U.S. Presidential Scholars in the Arts demonstrate both a dedication to academic achievement and a commitment to creativity in mediums spanning the visual, literary and performing arts. YoungArts is incredibly proud to celebrate these young artists today and to amplify their innovative perspectives as they grow to become the arbiters of our nation's cultural compass tomorrow."
"Our 2022 Presidential Scholars represent the best of America, and remind us that when empowered by education, there are no limits to what our young people can achieve," said U.S. Secretary of Education Miguel Cardona. "Today, I join President Biden to celebrate a class of scholars whose pursuit of knowledge, generosity of spirit, and exceptional talents bring our nation tremendous pride. Throughout one of the most trying periods in our nation's history and amid our recovery from the pandemic, our students have once again demonstrated their strength and that they have so much to contribute to our country. Thanks to them, I know America's future is bright."
The 2022 U.S. Presidential Scholars in the Arts are:
*Interviews can be facilitated, and images are available upon request.
BECOMING A U.S. PRESIDENTIAL SCHOLAR IN THE ARTS The first step to becoming a U.S. Presidential Scholar in the Arts is to apply to YoungArts, which is the nominating agency for this honor. To be eligible for the YoungArts program, applicants must be 15–18 years old or in high school grades 10–12. To be further considered for a nomination as a U.S. Presidential Scholar in the Arts, applicants must be high school seniors and meet all of the U.S. Presidential Scholars requirements.
YoungArts award winners demonstrating excellence in the performing, visual or literary arts are selected annually through a blind adjudication process. This year, 720 YoungArts award winners were selected. In January, 157 Finalists from across the nation were invited to National YoungArts Week+, where they participated in a week of intensive virtual classes and workshops with internationally renowned artists.
During National YoungArts Week+, eligible participants are further evaluated, award levels are determined, and nominations are made for that year's U.S. Presidential Scholars in the Arts candidates. After a rigorous selection process, YoungArts nominates 60 candidates for an invitation to apply to the U.S. Presidential Scholars Program. Finally, the Commission on Presidential Scholars selects 20 U.S. Presidential Scholars in the Arts each year.
For more information, visit youngarts.org, YouTube, Facebook, Instagram or Twitter.
Media Contacts:
Heike Dempster, YoungArts
hdempster@youngarts.org / 305.377.1140
Sara Ory, Polskin Arts
sara.ory@finnpartners.com/ 212.593.5815
View original content to download multimedia:
SOURCE YoungArts | https://www.whsv.com/prnewswire/2022/05/12/announcing-2022-us-presidential-scholars-arts/ | 2022-05-12T12:23:08Z |
TEL AVIV, Israel, May 12, 2022 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) ("Arbe"), a global leader in next-generation 4D Imaging Radar Solutions, today announced financial results for its first quarter fiscal year 2022, ended March 31, 2022.
Key Q1 2022 Highlights:
- Hyundai showcased the joint pilot they held with Arbe at EcoMotion Week. This video shows the highlights
- Arbe added five new customer engagements in Q1 including OEMs who are leaders in Level 2+ passenger vehicle design and new mobility players focusing on Level 4 applications
- Tier-1s submitted 5 RFPs and RFQs with Arbe's chipset to major OEMs, committing to supply the customer with volumes of 400 thousand systems to 1 million systems per year
- Notable additions of industry experts to Arbe's executive team and the board of directors:
- Gonen Barkan, formerly Head of Radar Development at General Motors joined Arbe as Chief Radar Officer
- Thilo Koslowski, founder and former CEO of Porsche Digital GmbH appointed as a member of the board of directors
- Alexander Hitzinger, Automotive and Self Driving Expert, formerly SVP Autonomous Driving in the VW Group appointed as a member of the board of directors - Introduced the addition of Free Space Mapping to Arbe's revolutionary Imaging Radar perception stack at CES in January
- Launched a new RF chipset, with the final production configuration, which we believe delivers the best radar image quality on the market, with long range sensing and high sensitivity, while reducing power consumption significantly
- Arbe selected as a 2022 Innovation Awards honoree in the Vehicle Intelligence & Transportation product category at CES in January
- Won the Tech.AD Europe 2022 Award on April 4 in the category of Sensor Perception
"It's an exciting time to be in the automotive industry," said Kobi Marenko, Chief Executive Officer. "We are making great progress with Tier-1s as well as with our customers who appreciate the benefits of our imaging radar technology, overcoming the shortcomings of traditional radars. With the launch of our final RF chipset production configuration, we can provide the highest level of performance and safety to all automotive verticals, including passenger vehicles, commercial vehicles, trucks and delivery robots."
"Additionally, we are delighted to be able to attract industry veterans Thilo Koslowski and Alex Hitzinger as new Arbe board members and Gonen Barkan as our Chief Radar Officer. Their commitment to Arbe is a strong vote of confidence in our future. Combined with our recent industry recognition and awards, these are important milestones that we are on the right path and progressing according to plan," concluded Kobi Marenko.
First Quarter 2022 Financial Highlights
Revenues for Q1 2022 were $0.9 million, an increase from $0.6 million in Q1 2021. Backlog as of March 31, 2022, was $2.8 million.
Gross margin for Q1 2022 was 56.1%, compared to 44.3% in Q1 2021, mainly related to a decrease in cost as we worked toward production versions.
Operating expenses in Q1 were $11.1 million, compared to $4.5 million in Q1 2021. The increase in operating expenses was primarily driven by an increase in research and development expenses from $3.7 million in Q1 2021 to $7.8 million in Q1 2022. The increase was most notably in labor cost and to a lesser extent non-cash share-based compensation expenses. As a result, our operating loss increased from $4.3 million to $10.6 million.
Net loss in the first quarter of 2022 decreased significantly to $7.9 million compared to a net loss of $18.4 million in the first quarter of 2021. The net loss in Q1 2022 reflected financial income of $2.8 million as contrasted with financial expense of $14.1 million in Q1 2021. Both years' financial expenses/income related to the revaluations of convertible loan and warrants.
Adjusted EBITDA in Q1 of 2022, a non-GAAP measurement which excludes financial expense/income and expenses for non-cash share-based compensation and for non-recurring public offering expenses, yielded a loss of ($8.6) million, compared with a loss of ($4.1) million in the first quarter of 2021.
Balance Sheet & Liquidity
As of March 31, 2022, Arbe had $87.3 million in cash and cash equivalents. Total debt on March 31, 2022, was $5.1 million which we expect to pay by July 1, 2022.
Outlook
Management reiterated the outlook for the full year ending December 31, 2022. Based on current estimates, management expects:
- Revenues to be in the range of $7 million to $11 million, heavily weighted towards the end of the year as some of the projects that we are involved with, are expected to mature.
- Adjusted EBITDA to be in the range of ($34 million) and ($38 million)
Earnings Call Details
Arbe will review the financial results in more detail today at 11:00 a.m. Eastern Time, followed by an insightful fireside chat about the promises and challenges of automotive autonomy over the next decade, and will conclude with a question-and-answer session.
Please register here to receive the Zoom link or from Arbe's Investor Relations website at https://ir.arberobotics.com. An archived webcast of the conference call will also be made available on the website following the call.
About Arbe
Arbe (NASDAQ: ARBE), a global leader in next-generation 4D Imaging Radar Chipset Solutions, is spearheading a radar revolution, enabling truly safe driver-assisted systems today while paving the way to full autonomous driving. Arbe's imaging radar is 100 times more detailed than any other radar on the market and is a mandatory sensor for Level 2+ and higher autonomy. The company is empowering automakers, Tier 1 suppliers, autonomous ground vehicles, commercial and industrial vehicles, and a wide array of safety applications with advanced sensing and paradigm-changing perception. Arbe is a leader in the fast-growing automotive radar market that has a projected total addressable market of an estimated $11 billion in 2025. Arbe is based in Tel Aviv, Israel, and has an office in the United States.
Cautionary Note Regarding Forward-Looking Statements
This press release and earnings call, including the fireside chat, may contain "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words "expect," "believe," "estimate," "intend," "plan," "anticipate," "project," "may," "should," "strategy," "future," "will," "project," "potential" and similar expressions indicate forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Statements that are not historical facts, including any statements that are made at the investor and analyst event described in this press release, are forward-looking statements. The financial results described in this press release are based on Arbe's unaudited financial statements, which have not been reviewed by the independent auditors. These risks and uncertainties include, but are not limited to: (i) unanticipated delays or difficulties in receiving and processing orders; (ii) Arbe's ability to develop significant revenue as a result of its relationships with OEM and Tier 1s, (iii) Arbe's ability to leverage its existing relationships and secure test programs and orders resulting from the test programs; (iv) Arbe's ability to meet its projected revenue level and its ability to operate profitably; (v) Arbe's ability to meet is timetable for full production; (v) Arbe's expectation that it will be engaging with Tier 1 suppliers and OEMs which would be building the radars based on its Chipset solution, eliminating expenses associated with system completion, requirement for undertaking significant capital expenditures associated with developing mass production manufacturing and the expenses of operating any such manufacturing capability; (vii) the effect of inflation and supply chain issues on Arbe's cost and its development schedule, including Arbe's ability to obtain semiconductor products when needed and at a reasonable price; (viii) Arbe's expectation that radars are crucial to the automotive industry and will be deployed in nearly all new vehicles as a long range, cost-effective sensor with the fewest environmental limitations; (ix) Arbe's belief that its Radar Chipset heralds a breakthrough in radar technology that will enable Tier 1 manufacturers and OEMs to replace the current radars with an advanced solution that meets the safety requirements of Euro-NCAP and NHTSA for autonomous vehicles at all levels of autonomous driving; (x) Arbe's ability to develop or have access to the latest developments relating to radar and autonomous driving vehicles; (xi) Arbe's ability to have products manufactured for it by third parties that meet Arbe's and its customers quality standards and delivery requirements; (xii) Arbe's ability to attract and retain highly skilled personnel and senior management, including research and development, sales and marketing personnel; (xiii) Arbe's ability to develop and market products based on its radar technology for uses outside of the automotive industry; (xiv) accidents or bad press resulting from accidents involving autonomous driving vehicles, even those using radar products from other companies or based on other technology; and the effect of any accidents with vehicles using Arbe's radar system; (xv) the failure of the markets for Arbe's current or new technologies and products to materialize to the extent or at the rate that Arbe expects; (xvi) unexpected delays or difficulties related to the development of Arbe's technologies and products; (xvii) the effect of laws and changes in laws that have an effect on the market for or the requirement for autonomous vehicles; (xviii) the effect of COVID-19 and any new variants or any pandemics or multinational epidemics and actions taken by governments and industry to address the effects of the pandemic and the corresponding macroeconomic uncertainty; (xviii) risks related international conflicts and terrorist events, including those which may involve Israel; (xix) changes or inaccuracies in market projections; (xx) changes in Arbe's business strategy; and (xxi) the risk factors and uncertainties described in "Risk Factors," "Operating and Financial Review and Prospects" "Cautionary Note Regarding Forward-Looking Statements" and the additional risk described in Arbe's annual report on Form 20-F, as well as the other documents filed by Arbe with the SEC and any documents which are filed by Arbe. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Arbe does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
2
3
View original content to download multimedia:
SOURCE Arbe | https://www.whsv.com/prnewswire/2022/05/12/arbe-announces-q1-2022-financial-results/ | 2022-05-12T12:23:15Z |
Divestiture sharpens focus on aerospace and defense markets
PITTSBURGH, May 12, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) has completed the sale of its Sheffield, UK operation to Mutares SE & Co. KGaA (ISIN: DE000A2NB650). Agreement was announced in early March and regulatory approvals and closing conditions are now complete.
"As ATI accelerates its strategy to become an aerospace and defense leader, we continually review our operations for opportunities to maximize value and optimize cost structure," said Kimberly Fields, Executive Vice President and Chief Operating Officer. "With this transaction, the Sheffield operation has the opportunity to build on its excellent reputation for quality and service, delivering high integrity products in low alloy steels, stainless steels and nickel-based super alloys."
This operation has been part of the Specialty Materials business unit in ATI's High Performance Materials & Components (HPMC) segment. With more than 80% of the operation's $36 million 2021 sales focused on the oil and gas markets, it was not well-aligned with ATI's strategic focus. In 2021, it delivered a negative EBITDA of $6 million.
In the first quarter of 2022, ATI recognized a partial non-cash charge of about $25 million related to the pending sale. It expects to record an additional non-cash charge of approximately $110 million for the completed sale, primarily relating to a UK defined benefit pension plan that transfers with the Sheffield operation and cumulative foreign currency translation losses, in the second quarter of 2022.
ATI (NYSE: ATI) is a $3 billion global producer of high performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Learn more at ATIMetals.com.
View original content to download multimedia:
SOURCE Allegheny Technologies | https://www.whsv.com/prnewswire/2022/05/12/ati-completes-sale-sheffield-uk-operation/ | 2022-05-12T12:23:22Z |
SHANGHAI, May 12, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that it plans to release its unaudited financial results for the first quarter of 2022 before the U.S. market opens on Tuesday, May 24, 2022.
The Company's management will hold an earnings conference call at 08:00 A.M. Eastern Time on Tuesday, May 24, 2022 (08:00 P.M. Beijing Time on the same day) to discuss the financial results. Listeners may access the call by dialing the following numbers:
The replay will be accessible through May 31, 2022 by dialing the following numbers:
A live and archived webcast of the conference call will also be available at the Company's investor relations website at https://ir.atrenew.com.
About ATRenew Inc.
Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew's strategies; ATRenew's future business development, financial condition and results of operations; ATRenew's ability to maintain its relationship with major strategic investors; its ability to provide facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew's filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com
In the United States:
ICR, LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461
View original content:
SOURCE ATRenew Inc. | https://www.whsv.com/prnewswire/2022/05/12/atrenew-report-first-quarter-2022-financial-results-may-24-2022/ | 2022-05-12T12:23:28Z |
FORT LAUDERDALE, Fla., May 12, 2022 /PRNewswire/ -- Over the past 20 years, BHG Financial has grown exponentially, expanding from a working capital provider for healthcare professionals to a fully diversified fintech. BHG Financial now offers a complete product ecosystem that includes unsecured consumer loans, point-of-sale financing, lending-as-a-service solutions, regulatory consulting, SBA 7(a) services, consumer and business credit cards, venture capital, and more. These additions to the core business were significant factors in the company's rebrand from Bankers Healthcare Group to BHG Financial in late 2021, as well as the rebrand of its lending division, which will now deliver financial solutions as BHG Money.
BHG expanded into these products by focusing on its three foundational anchors: an impressive and proven acquisition engine, differentiated analytics and technology, and an unparalleled funding and distribution marketplace.
You can expect to see many of these new products, brands, and features highlighted at the LendIt Fintech 2022 conference during a fireside chat featuring Al Crawford, Chairman, Co-Founder, and CEO and Tyler Crawford, COO of BHG Financial. The panel will be hosted by the Co-Founder of LendIt, Peter Renton.
"Embrace the Evolution: from Start-up to Diversified Fintech" will explore BHG Financial's transformation. The panel will cover how BHG, driven by world-class data and analytics, was able to evolve from a single product provider to a full suite of financial solutions to meet the needs of professionals and consumers nationwide—effectively turning a $25,000 investment into $3 billion in assets and $400 million in equity.
"We are proud to have reached a state in our company where we have the ability to step back and showcase the depth of all that BHG Financial offers," said Al Crawford, Chairman, Co-Founder, and CEO. "We started BHG over two decades ago to meet the needs of healthcare professionals, and through a dedication to technology, innovation, and partnerships, we have now expanded our services, business lines, and products to reach an entirely new level of consumers and partners."
To demonstrate the breadth of the company's achievements, products, and subsidiaries, BHG Financial has also released key milestones and business insights accrued over the last 12 months.
Financial & Business Milestones
- Crossed the $11B mark in total financial solutions provided to date
- Closed four ABS transactions, encompassing over $1.4B in consumer and commercial notes
- Opened new offices in New York City, Atlanta, and Ft. Lauderdale
- Reached the highest Calendar Year Net Income in company history in 2021 at $241 million, up 40% year over year
- Grew the BHG Bank Network to 1,400+ banking institutions that have purchased a BHG loan
Product & Brand Milestones
- Rebranded BHG's best-in-class commercial and consumer loan offerings as BHG Money
- Founded NaluPay, a revolutionary point-of-sale financing platform built with the merchant in mind and powered by BHG's demonstrated history in analytics and technology
- Debuted BHG Connect, a white-label, lending-as-a-service platform for banks, financial institutions, and fintechs to offer loans online with ease
- Introduced BHG VC, an internal venture division focused on leveraging BHG's core competencies to support and grow innovative technology and finance companies
Employee & Talent Milestones
- Saw a 102% increase in employee growth over the last 12 months
- Welcomed new CTO and CISO positions to ensure the proper development and management of new technologies
- Recognized by Fortune and Inc. as a best workplace for women, for millennials, and in New York State, respectively
LendIt Fintech 2022 will take place in New York City, May 25 to May 26. BHG Financial will be hosting the official Day-One Wrap Party and providing WIFI sponsorship to all LendIt participants.
About BHG Financial
Powered by data, analytics, and technology, BHG Financial is constantly pushing the limits of innovation to help its clients succeed.
BHG Financial's dedication to providing services that meet the needs of its clients has led to the creation of a full family of brands that range from business, consumer, and SBA 7(a) loans to credit cards, collection services, and point-of-sale financing. Since 2001, the company has originated more than $11 billion in loans to top-quality borrowers, developed a state-of-the-art loan delivery platform for community and midsize banks, and created the largest community bank network in the country.
Nearly doubling in size since 2019, BHG Financial has experienced tremendous growth and continues to be recognized regionally and nationally as a Great Place to Work®, earning a spot on the Inc. 5000 for 14 years.
BHG Financial is partially owned by Pinnacle Bank (PNFP) and has headquarters in Ft. Lauderdale, FL and Syracuse, NY.
Find out more about the company's financial solutions on https://bhgfinancial.com. For more information about the BHG Bank Network, click here. Follow BHG Financial on LinkedIn, Facebook, Instagram, and Twitter.
Contact:
Jasmine Heard
jheard@bhg-inc.com
View original content to download multimedia:
SOURCE BHG Financial | https://www.whsv.com/prnewswire/2022/05/12/bhg-financial-showcase-company-growth-amp-complete-product-ecosystem-lendit-fintech-2022/ | 2022-05-12T12:23:35Z |
MINNEAPOLIS and LOS ANGELES, May 12, 2022 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) and Nonagen Bioscience today announced an agreement for R&D Systems, a Bio-Techne brand, to exclusively manufacture Nonagen Bioscience's Oncuria® bladder cancer diagnostic panel using xMAP Luminex® technology.
Oncuria is the first-of-its-kind multiplex protein-based urine test to provide early and accurate detection, therapy choice, and disease monitoring of bladder cancer. The Luminex-based multiplex assay panel combines Bio-Techne's high-quality reagents and over 40 years of industry-leading immunoassay experience with Nonagen's diagnostic expertise to create a powerful solution to advance bladder cancer treatment strategies. The partnership demonstrates Bio-Techne's commitment to supporting laboratory developed tests (LDTs) to bring clinical diagnostic tools to the market.
Nonagen Bioscience and Bio-Techne are targeting the last quarter of calendar 2022 to make Oncuria available as an LDT.
The US Food and Drug Administration (FDA) granted Oncuria a Breakthrough Device Designation in September 2021, for predicting response to Bacillus Calmette-Guérin (BCG) therapy, a first-line treatment for bladder cancer. The designation enables close collaboration with, and expedited review of the assay by the FDA. It also provides formal acknowledgement of Oncuria's utility and potential clinical benefit.
"We're excited to partner with Bio-Techne to make Oncuria available as a laboratory developed test (LDT), given their extensive biomarker discovery expertise," said Nonagen Bioscience CEO Charles Joel Rosser, MD, MBA. "Bio-Techne also shares our passion for translating research discoveries into innovative diagnostics, to improve the detection and management of cancer."
"We look forward to working with Nonagen to develop this game-changing immunoassay in the fight against bladder cancer," said Will Geist, President of Bio-Techne's Protein Sciences division. "Nonagen's deep experience in diagnostic and testing research is complementary to Bio-Techne's extensive immunoassay expertise and world-class manufacturing capabilities, creating an ideal partnership for this important bladder cancer detection assay."
About Bladder Cancer
As the 6th most common cancer in the United States1 and a highly recurrent disease, bladder cancer is a major health concern that places an immense burden on healthcare systems. Up to 77% of early-stage bladder tumors that are treated with current approaches (tumor resection and/or intravesical BCG or chemotherapy) will recur.2 More than half of patients who receive BCG therapy as the first-line treatment for bladder cancer will fail to respond. In addition, in 20% of patients, the disease grows and extends during or after BCG therapy.3,4
This is where the exceptional sensitivity and rapid biomarker quantification capabilities of the Oncuria diagnostic assay are poised to play a vital role. The ability to quickly and accurately detect the presence of bladder cancer and monitor disease activity can help improve patient outcomes.
About Bio-Techne
Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company that provides innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes, and the nature and progress of specific diseases. These products also aid in drug discovery efforts, and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $931 million in net sales in fiscal 2021. The company has approximately 2,700 employees worldwide. For more information on Bio-Techne and its brands, please visit www.bio-techne.com
Contact:
David Clair
Senior Director, Investor Relations & Corporate Development
david.clair@bio-techne.com
612-656-4416
About Nonagen Bioscience
Nonagen Bioscience is a privately-held biotechnology company that is focused on globally reducing the burden of cancer with innovative diagnostics. As a physician-led company, Nonagen Bioscience is committed to bringing to the market best-in-class, noninvasive diagnostics for cancer detection, therapy choice, and disease monitoring, so patients can live better, longer lives. The Los Angeles-based company was founded in 2011 and is currently developing diagnostics for bladder, breast, and prostate cancers. Learn more at www.nonagen.com
Contact:
Jennifer Sparano
VP, Public Relations
jsparano@peregrinemarketaccess.com
518-832-3034
References: 1. Saginala K, Barsouk A, Aluru JS, Rawla P, Padala SA, Barsouk A. Epidemiology of Bladder Cancer. Med Sci. 2020;8(1):15. Published March 13 2020. doi:10.3390/medsci8010015. 2. Ritch CR, Velasquez MC, Kwon D, et al. Use and validation of the AUA/SUO risk grouping for nonmuscle invasive bladder cancer in a contemporary cohort. J Urol. 2020;203(3):505-511. doi:10.1097/JU.0000000000000593. 3. Witjes JA. Management of BCG failures in superficial bladder cancer: a review. Eur Urol. 2006;49(5):790-797. doi:10.1016/j.eururo.2006.01.017. 4. Matulay JT, Li R, Hensley PJ, et al. Contemporary outcomes of patients with nonmuscle-invasive bladder cancer treated with bacillus Calmette-Guérin: implications for clinical trial design. J Urol. 2021;205(6):1612-1621. doi:10.1097/JU.0000000000001633.
View original content to download multimedia:
SOURCE Bio-Techne Corporation | https://www.whsv.com/prnewswire/2022/05/12/bio-techne-nonagen-bioscience-announce-exclusive-supply-agreement-nonagens-oncuria-bladder-cancer-test/ | 2022-05-12T12:23:41Z |
Biofourmis Care, a comprehensive care management platform including virtual multidisciplinary care teams, to be evaluated against in-person care among underserved patients with chronic cardiovascular conditions
BOSTON, May 12, 2022 /PRNewswire/ -- Biofourmis, a Boston-based global leader in virtual care and digital medicine, announced today that its Biofourmis Care solution has been selected by the American College of Cardiology (ACC) for its TRANSFORM3 study that will evaluate different intervention strategies for improving adherence to guideline-directed medication therapy (GDMT) for managing chronic cardiovascular conditions. The study will place an emphasis on underserved populations and those with a history of healthcare disparities.
TRANSFORM3 aims to solve the decades-long challenge in healthcare to promote and incentivize the adoption of guideline-directed care for cardiovascular conditions.
The study, "Evaluation of Implementation Strategies of Teaching, Technology, and Teams to Optimize Medical Therapy in Cardiovascular Disease (T3)," will include participants with: heart failure with preserved ejection fraction (HFpEF); heart failure with reduced ejection fraction (HFrEF); the heart rhythm condition atrial fibrillation; or cardiovascular risk among patients with type 2 diabetes.
Heart disease is the leading cause of death for men, women and people of most racial and ethnic groups in the United States. Access to care and improved care management can change those outcomes. For example, in the U.S., heart failure affects an estimated 6 million Americans, and poor heart failure management is the leading cause of hospitalizations and readmissions among older adults. However, only 25% of eligible patients receive GDMT and less than 1% are titrated to optimal doses.
"ACC's selection of Biofourmis to take part in the TRANSFORM3 study signifies a growing recognition in healthcare that virtual care modalities need to be evaluated as viable, clinically prudent alternatives to more costly and time-consuming in-person clinic visits for management of patients with complex chronic conditions," said Maulik Majmudar, MD, chief medical officer and co-founder of Biofourmis. "By the study's conclusion, we are confident that the complete Biofourmis Care solution, including our licensed, multidisciplinary care teams focused on optimization of guideline-directed medical therapies, will demonstrate superior performance as compared with the current standards of care."
The Biofourmis Care platform—a first-of-its-kind, technology-enabled care management service that delivers high-quality remote care for patients with chronic conditions—includes connected devices, medication management algorithms, a patient-facing mobile app and a virtual multidisciplinary team. Each element of the platform will be evaluated against the standard of care for treating these conditions, which is in-person education and consultation between providers and patients. ACC selected Biofourmis to participate after an open request for proposals and review process.
The primary investigators of TRANSFORM3 are a team of physicians from Harvard Medical School practicing at Massachusetts General Hospital and Brigham and Women's Hospital in Boston as well as St. Luke's Health System in Kansas City.
"When patients have consistent access to healthcare services, they tend to have better therapies, adherence and outcomes; yet barriers to access often exist for many cardiovascular disease patients," said Jim Januzzi, MD, FACC, principal investigator of TRANSFORM3, ACC Board of Trustees member, and director of the Dennis and Marilyn Barry Fellowship in Cardiology Research at Massachusetts General Hospital. "We hypothesize that care for patients with these conditions, including underserved populations, can be safely and effectively optimized with support outside the traditional ambulatory care encounters, by leveraging technology and dedicated care teams."
Achieving GDMT: Overcoming Obstacles
To date, most patients and providers determine an optimal medication and dosage after several ambulatory office visits with several months in between. If the medication is ineffective, time is wasted while the patient's condition deteriorates. Or the drug may cause intolerable side effects leading to patient nonadherence to the therapy, which may also worsen the condition.
To learn how providers can avoid these common scenarios, patients will be assigned at random to either the Teach, Technology or Teams study arms. The Teach cohort will be provided with educational materials on the most up-to-date guideline recommendations, while the Technology cohort will have access to the Biofourmis Care solution—including connected devices and medication optimization algorithms—but will be managed by local providers. The Team cohort will leverage the Biofourmis Care solution as well, but will also be remotely supported by frontline Biofourmis health navigators who coordinate with a multidisciplinary team, including nurses, physicians or other specialty care practitioners. The health navigator reviews and responds to notifications from the Biofourmis Care solution and serves as the first resource for patients' clinical concerns or technical troubleshooting. The health navigator also triages and escalates concerns to the appropriate clinician, who then provides higher level clinical expertise as needed. Critical notifications are always escalated and sent directly to the patient's physician, and the electronic health record (EHR) is updated accordingly. Part of the decision support of the software includes automated medication management to augment and assist care teams in remotely adjusting medications for optimal personalized therapy and detecting patterns of clinical deterioration for earlier interventions.
Investigators will also collect information about the patient experience, including their cardiovascular disease knowledge, preferences for treatment and barriers to GDMT adherence such as concerns about cost or safety and efficacy.
"TRANSFORM3 will provide real-world data on how cardiologists and other clinicians can more effectively and efficiently manage chronic cardiovascular conditions in underserved populations," said Megan Welch, MD, TRANSFORM3 investigator team member and cardiovascular disease fellow at Massachusetts General Hospital. "Through technology-enabled approaches, we are hopeful that providers will have timely, meaningful awareness of their patients' health status and adherence to guideline-recommended therapies. Ultimately, what we learn from TRANSFORM3 could lead to accelerated adoption of effective, evidence-based care plans that optimize outcomes and help patients lead longer, healthier lives."
About Biofourmis
Biofourmis, based in Boston, is a global leader in providing advanced technology and clinical support for Care@Home and digital therapies. We are driven by a passion to personalize care and predict clinical worsening before it happens. Our clinically validated platform, powered by machine learning and advanced analytics, enables better healthcare, maximizes the effectiveness of high-value drugs, and lowers costs across the entire care continuum. For more information, visit www.biofourmis.com and follow us on LinkedIn, Twitter and YouTube.
About TRANSFORM
ACC introduced TRANSFORM in 2019 as a new kind of quality research program aimed to improve health care by transforming the quality of care across the multi-faceted areas of cardiovascular disease. TRANSFORM programs leverage EHR data, office-based interventions and partnerships to include the pharmaceutical and medical device industry, health plans, employers, clinicians and patients.
About the American College of Cardiology
The American College of Cardiology envisions a world where innovation and knowledge optimize cardiovascular care and outcomes. As the professional home for the entire cardiovascular care team, the mission of the College and its more than 56,000 members is to transform cardiovascular care and to improve heart health. The ACC bestows credentials upon cardiovascular professionals who meet stringent qualifications and leads in the formation of health policy, standards and guidelines. The College also provides professional medical education, disseminates cardiovascular research through its world-renowned JACC Journals, operates national registries to measure and improve care, and offers cardiovascular accreditation to hospitals and institutions. For more, visit acc.org.
Media Contact:
Tara Stultz
Amendola Communications for Biofourmis
440.225.9595
tstultz@acmarketingpr.com
View original content to download multimedia:
SOURCE Biofourmis | https://www.whsv.com/prnewswire/2022/05/12/biofourmis-selected-by-american-college-cardiology-exclusive-virtual-care-platform-drive-transform3-study-focused-closing-practice-gaps-heart-conditions/ | 2022-05-12T12:23:48Z |
Top Event Experience Leaders to share best practices and future-proof strategies during two-day virtual event
NEW YORK, May 12, 2022 /PRNewswire/ -- Bizzabo, the Event Experience Operating System (OS), will host the Event Experience Summit on May 17-18. This virtual event includes mini masterclasses, roundtables, hands-on workshops and networking designed to help sharpen skills and share actionable strategies for building, operating and scaling robust experiential event programs.
At the summit, Event Experience Leaders from Google, Meta, Microsoft, TED, Smyle and more will share new event hacks, sample templates and staffing models. Bold talks will allow attendees to engage with top industry thought leaders and gain expert ideas and new techniques to help event professionals thrive in our new reality. Intimate roundtables will facilitate connections and networking, and hands-on workshops will guide participants to develop and hone their agility and creative thinking with events.
"Today's event landscape is constantly evolving and, therefore, so must we," said Alon Alroy, co-founder and CMO of Bizzabo. "That's why we designed a virtual summit dedicated to addressing the needs and challenges of Event Experience Leaders. The Event Experience Summit invites participants to transform uncertainty into opportunity by immersing themselves with the most innovative minds, content and resources our industry offers."
The summit will be hosted by Emmy winner Mario Armstrong and includes keynote addresses from:
- Priya Parker, renowned author, who will lead a session on "The Art of Gathering: How We Meet and Why It Matters."
- Sam Conniff, a writer, producer, director, presenter and facilitator for Uncertainty Experts, an immersive experience designed to help leaders recognize and eliminate burnout and increase resilience.
- Kelly Hoey, a networking expert and author, who will share insights into building your dream network.
- Nicola Kastner, an award-winning event marketing strategist and former VP and global head of event strategy for SAP, who will discuss the changing role of the event strategist.
- Julius Solaris, the founder of Boldpush, a management consulting company providing go-to-market and content strategy for event tech companies and event strategy for portfolio owners.
To learn more or register, visit the Event Experience Summit website.
About Bizzabo:
Bizzabo powers immersive in-person, virtual, and hybrid experiences. The Bizzabo Event Experience OS is a data-rich open platform that allows Event Experience Leaders to manage events, engage audiences, activate communities, and deliver powerful business outcomes — all while keeping attendee data private and secure. As a Leader in The Forrester Wave™: B2B Marketing Events Management Solutions, Q1 2021 Report, we are trusted by world-leading brands to power their events — from Fortune 100 enterprise organizations and financial institutions to creative agencies and scaling tech companies. Bizzabo was founded by Boaz Katz, Alon Alroy, and Eran Ben-Shushan, and has more than 400 employees in its New York, Tel-Aviv, Kyiv, London and Montreal offices, as well 15+ remote locations around the world.
Media Contact:
BLASTmedia for Bizzabo
Zach Weismiller
bizzabo@blastmedia.com
View original content to download multimedia:
SOURCE Bizzabo | https://www.whsv.com/prnewswire/2022/05/12/bizzabo-fast-tracks-future-event-experiences-with-event-experience-summit/ | 2022-05-12T12:23:55Z |
New Bloomberg Data License fields help clients assess whether market quotations are readily available
NEW YORK, May 12, 2022 /PRNewswire/ -- Bloomberg today announced the launch of a new Price Transparency Data Solution aimed at helping clients tackle the regulatory challenges presented by SEC Rule 2a-5's requirements for readily available market quotations. This data solution is powered by BVAL, Bloomberg's evaluated pricing service, and is part of a growing portfolio of data points helping clients further understand the nature, composition and depth of BVAL prices.
These new Bloomberg Data License fields provide inputs to help clients assess and apply new SEC Rule 2a-5's requirements for readily available market quotations. The compliance date for new SEC Rule 2a-5 is September 8, 2022, and the requirements are part of a broader regulatory trend around pricing transparency and valuation oversight.
"Having a detailed framework for fair value is a continuation of the long journey for the industry for making valuations easier and more accessible across the board," said Stephanie Sparvero, Global Head of Bloomberg's Evaluated Pricing service, BVAL. "BVAL utilizes innovative data validation and cleansing techniques to achieve greater precision in the valuation of securities. Our rigorous system of data controls, market driven pricing models, and team of evaluators all contribute to the quality of our evaluated prices, and the additional information we provide regarding underlying market data for BVAL will now also assist users in assessing information relevant to Rule 2a-5's requirements."
Bloomberg provides granular information on the underlying market data behind BVAL prices, such as the volume, age and type of quotes and trades. This data helps users to understand and assess the composition and nature of each and every price and may have a variety of compliance, regulatory and accounting use cases. Bloomberg's new data solution uses this data to deliver a robust set of indicators to help users in their assessment of their obligations under SEC Rule 2a-5. Users can automatically generate reports that help visualize various parameters of their portfolio, such as quotation age or the readily available flag.
"Given the need to understand in detail what is behind a price, clients approached us seeking a solution to navigate compliance with Rule 2a-5," said Brad Foster, Global Head of Enterprise Data Content at Bloomberg. "BVAL's comprehensive price transparency data fields and our detailed rule engines enabled us to design a data solution to help clients' compliance and legal teams adapt to this rule's requirements for readily available market quotations."
This regulatory solution is available to BVAL customers who may need to integrate it into their compliance workflows. Clients will have the option to obtain this data per security or as part of a bulk subscription for the entire security universe.
Bloomberg's Enterprise Data business produces high-quality pricing, reference and regulatory datasets, real-time market, event and news data, and liquidity analytics along with data management and distribution technologies.
About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit www.bloomberg.com or request a demo.
View original content to download multimedia:
SOURCE Bloomberg | https://www.whsv.com/prnewswire/2022/05/12/bloomberg-launches-price-transparency-data-solution-targeting-sec-rule-2a-5/ | 2022-05-12T12:24:02Z |
ANDOVER, Mass., May 12, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") is pleased to announce that we have selected Outdoor Investment Holdings (OIH) as our exclusive distribution partner for the South African consumer and dealer markets.
Outdoor Investment Holdings (OIH) is one of the best known and most widely respected participants in the South African outdoor industry. Through its distribution subsidiaries, Formalito and Inyathi Sporting Supplies, OIH represents such well-known international brands as Browning, Winchester, Smith & Wesson, Fiocchi, Hornady, and Crimson Trace. With the addition of the Byrna range of less-lethal launchers and ammunition to its product offering, OIH will now be able to offer consumers a truly effective less-lethal option that can be purchased without a license or waiting period.
Formalito and Inyathi will carry the complete range of Byrna launchers including the Byrna SD, Byrna TCR and Byrna Mission-4 as well as ammo and accessories. Formalito is the largest and most trusted outdoor distribution business in South Africa. In continuous operation for 58 years, Formalito services more than 680 retail locations throughout the Southern African countries. While only ten years old, Inyathi has experienced exponential sales growth and now services more than 400 retail locations.
Under the terms of the distribution agreement, OIH has committed to purchasing a minimum of 15,000 Byrna launchers along with associated ammo and accessories over the next twelve months and 18,500 launchers in the subsequent twelve-month period. To ensure adequate stock for their customers, OIH, through its distribution subsidiaries, Formalito and Inyathi, has placed an initial stocking order for 6,000 Byrna launchers and associated ammo and accessories.
Marco van Niekerk, CEO of OIH, stated that "OIH is extremely excited to partner with Byrna Technologies, the leader in less-lethal personal self-defense. By carrying the Byrna range of self-defense products, our retail partners will be able to offer their customers safe and effective non-lethal products that can be purchased without a license or waiting period. On a personal note, I am particularly pleased to be able to support a South African based company, Byrna South Africa, and to bring to market South African manufactured products."
Bryan Ganz, CEO of Byrna stated "we could not be more pleased with our partnership with OIH. Byrna is a premium product and needs to be sold through distributors that understand how to sell premium products. One need only look at the impressive array of brands that OIH represents and the more than 58 years of continuous operations of its Formalito subsidiary to know that OIH is just such a company. We look forward to working with OIH to penetrate the very important South African market and hopefully to expand our cooperation to other markets where OIH has a retail presence."
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
This news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "will," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to the Company's statements related to future sales of Byrna products. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, prolonged, new, or exacerbated disruption of our supply chain, determinations by third party controlled distribution channels not to carry or reduce inventory of our products, and potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factor. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in our most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
Contact:
Byrna Technologies Inc.
David North, Chief Financial Officer
dnorth@byrna.com
View original content to download multimedia:
SOURCE Byrna Technologies Inc. | https://www.whsv.com/prnewswire/2022/05/12/byrna-technologies-partners-with-distributor-outdoor-investment-holdings/ | 2022-05-12T12:24:08Z |
Former marketing leader at Qualtrics joins Veriff's executive team as CMO to expand strategic marketing initiatives across the globe
NEW YORK, May 12, 2022 /PRNewswire/ -- Veriff, a global identity verification provider, today announced that Caroline Mogford is starting as Veriff's Chief Marketing Officer (CMO). Mogford will join Veriff's executive team and is responsible for leading the company's marketing strategy as it meets the growing demand for reliable and secure identity verification across industries. In her role as CMO, she will lead the global marketing organization focused on driving Veriff's demand generation, product marketing and brand awareness.
Mogford brings more than 15 years experience in the technology industry to her new role at Veriff. Most recently, Mogford was senior vice president of marketing at Qualtrics where she led EMEA marketing and sales development as well as global partner marketing. During her time at Qualtrics, Mogford grew her team from one person to roughly 100 across the globe. Prior to that, she led international marketing for Google, owning marketing initiatives for the Google for Education product line.
"We are at a pivotal point in Veriff's history, with a great opportunity to expand our global influence in the identity verification industry making trust scalable online," said Kaarel Kotkas, founder and CEO of Veriff. "Caroline brings a proven track record for helping companies - and individuals - to successfully scale. She will play a critical role in helping further strengthen Veriff's position in the US market and lead Veriff's adoption in new markets."
The identity verification (IDV) market is developing at a rapid pace as an increasing number of companies and consumers are recognizing the technology's ability to instill trust and security in their online interactions. Veriff is well positioned to call attention to the benefits of secure IDV and can lean on its position as a leading provider of IDV technology to some of the world's biggest brands to influence market trends. Mogford's appointment to CMO will strengthen the company's position and provide strategic leadership behind Veriff's efforts to educate companies and consumers.
"There are four things that I look for in a company: Does it make the world a better place? Does it have the best product in its space? Is it led by amazing founders with a long-term vision? And does it hire great people?," said Mogford. "Veriff checked all those boxes for me. I believe that Veriff has the best ID verification technology - whether to ensure that your children are safe online playing video games, or that your taxi driver is who they say they are. This is something that should make all of our lives safer and easier. I have high expectations for what Veriff's team will achieve and I'm thrilled to be part of that journey."
Mogford has a First in Economics from Cambridge University and a Masters in Economics from The London School of Economics.
About Veriff
Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. The largest database on the market, Veriff's intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 10,200 government-issued IDs from over 190 countries. Founded in 2015, Veriff serves a global portfolio of organizations across financial services, crypto, gaming and mobility sectors. Veriff's clients include Blockchain, Bolt, Deel, Starship, Uphold, Wise and others. Veriff's latest $100 million investment round brings its total funding to $200M and its valuation to $1.5B. Veriff's investors include Tiger Capital, Alkeon, IVP, Accel, Mosaic Ventures, Y Combinator, Nordic Ninja and others. With teams in the U.S., UK, Spain and Estonia, Veriff employs over 500 people from 50 different nationalities.
To learn more, visit www.veriff.com.
View original content to download multimedia:
SOURCE Veriff | https://www.whsv.com/prnewswire/2022/05/12/caroline-mogford-joins-veriff-chief-marketing-officer/ | 2022-05-12T12:24:14Z |
TATU CITY, Kenya, May 12, 2022 /PRNewswire/ -- CCI Global, the largest international contact centre operator in Africa, will move to a purpose built, state-of-the-art office at Tatu City, creating more than 4,000 jobs for Kenyans.
CCI's facility will be developed by Gateway Real Estate Africa (GREA), a private development company specialising in turnkey construction. The five-story tower is custom designed for CCI, with training facilities and a career centre to welcome new employees.
CCI has grown rapidly in Kenya since entering the market in 2016, specialising in the operation of outbound, inbound and web chat multi-channel contact centres, serving leading international brands, primarily in the mobile, technology, telecommunications and financial industry sectors.
CCI's expansion comes amid unprecedented demand for the company's young, highly skilled workforce in Kenya, which has swelled to over 2,000 agents in the last 12 months. The facility at Tatu City, scheduled for completion in Q4 2023, will double the firm's capacity to more than 4,000 seats in a single location.
"CCI's business in Kenya, which serves well-known American, British, Australian and other international brands, continues to accelerate, thanks to our dynamic workforce, quality assurance and operational excellence," said Mark Chana, CCI's Chief Operating Officer. "We are excited to build CCI's home at Tatu City, in a business-friendly environment that focuses on the welfare of our employees."
CCI's contact centre will provide business process outsourcing, or BPO, that supports the whole customer lifecycle in both traditional voice interactions as well as digital.
The Grade A office building with five floors and two levels of underground parking will anchor Tatu Central, the business district of Tatu City.
"The building is custom-designed for CCI, with large floor plates for flexible call centre operations, rapid lifts for seamless shift changes, ample natural light and employee welfare at its core," said Greg Pearson, co-founder and CEO of GREA. "We are pleased to develop this spectacular building for a world-class client like CCI in Africa."
As part of the development, Tatu City, which is owned and developed by Rendeavour, Africa's largest new city builder, will construct a transport hub to accommodate CCI's thousands of employees.
"The Tatu City ecosystem – with homes, businesses, schools, parks and other amenities – is the ideal location for CCI's operations and employees," said Stephen Jennings, Founder and CEO of Rendeavour. "A first mover in all aspects, CCI embodies the global shift of businesses from congested urban areas to decentralised environments like Tatu City that provide live-work-play solutions for employees and investors alike."
The CCI office at Tatu City is the latest in a strategic partnership between GREA and Rendeavour, which spans commercial, warehousing and logistics developments at Rendeavour's new cities in East and West Africa.
About CCI Global (www.cciglobal.com)
CCI Global is Africa's largest provider of customer management services to the international market. The CCI group of companies provides Business Process Outsourcing services, including consumer sales, service, and digital customer management strategies to some of the leading brands in the UK, Australia, and Africa in the mobile technology, telecommunications, financial services, retail, and leisure sectors.
About Gateway Real Estate Africa (https://greafrica.group/)
Gateway Real Estate Africa is a private real estate development company specialising in the turnkey construction of accommodation for multinational corporates and retailers wishing to expand their operations on the African continent. For qualifying investors, Gateway Real Estate Africa provides direct real estate exposure to high-yielding US-dollar denominated rental income streams and robust growth potential.
About Tatu City (www.tatucity.com)
Tatu City is a 5,000-acre new city on Nairobi's doorstep with homes, schools, businesses, a shopping district, medical clinic, nature areas and recreation for more than 250,000 residents and tens of thousands of day visitors. Tatu City's schools educate thousands of students daily, a range of homes suits all incomes and more than 60 businesses thrive in the country's first operational Special Economic Zone. Located 30 minutes from Westlands, Tatu City represents a new way of living and thinking for all Kenyans in a live, work and play environment that is free from traffic congestion and long-distance commuting.
View original content to download multimedia:
SOURCE Tatu City / Rendeavour | https://www.whsv.com/prnewswire/2022/05/12/cci-global-occupy-largest-contact-centre-kenya-tatu-city/ | 2022-05-12T12:24:21Z |
Surgical navigation startup kicks off development of novel system leveraging augmented reality technology and novel nanoparticles for trauma resuscitation
CLEVELAND, May 12, 2022 /PRNewswire/ -- Centerline Biomedical, Inc. (Centerline) announced Thursday that the Cleveland-based startup company has launched work on a contract to apply its IOPS™ technology platform to service the needs of its collaborators at the 59th Medical Wing (59 MDW), the Air Force's premier healthcare, medical education and research, and readiness wing, located at Joint Base San Antonio-Lackland.
Centerline Research and Development (R&D) personnel are collaborating with researchers led by Lt. Col. Thomas Percival, Cardiothoracic Surgeon at the Air Force 59 MDW, 959th Medical Group at the Brooke Army Medical Center. The cross-disciplinary team is engaged in development of a multi-faceted solution intended to stabilize patients who have suffered injury causing non-compressible torso hemorrhage (NCTH) – bleeding from within the chest or belly which cannot be controlled with conventional tourniquet methods. NCTH is the leading cause of potentially preventable military trauma deaths, as well as a leading cause of death in civilian trauma cases such as motor vehicle collisions.
The team's solution combines a novel nanoparticle technology being developed at the 59 MDW with Centerline's innovative augmented reality (AR) electromagnetic navigation technology, which has been honored three consecutive years with the Defense TechConnect Innovation Award. The nanoparticles are designed to provide a caregiver with the ability to localize the area of injury, after which the AR goggles provide a means of navigating a resuscitative balloon inside the injured blood vessels, which can be inflated to control the bleeding. This experimental technology is slated for preclinical testing this calendar year.
This advanced R&D collaboration is being undertaken in the context of the company's commercial launch of its first FDA-cleared IOPS™ product. The Intra-Operative Positioning System is being used by vascular surgeons across the United States in aortic procedures while the company's R&D team continues to push the technology forward. "Our team is delighted to be collaborating with Dr. Percival and his colleagues at the Air Force," shared company CTO Vikash Goel, who has been selected three times to present at the Military Health System Research Symposium. "While we are already beginning to transform patient care in the minimally-invasive vascular surgery space, we see an opportunity here to improve how we handle life-threatening emergencies and help the Department of Defense serve the medical needs of those defending our country."
View original content to download multimedia:
SOURCE Centerline Biomedical | https://www.whsv.com/prnewswire/2022/05/12/centerline-biomedical-launches-research-development-collaboration-with-air-force/ | 2022-05-12T12:24:27Z |
– Series F Financing Led by GIC with Participation from New and Previous Investors –
NEW YORK, May 12, 2022 /PRNewswire/ -- Chainalysis, the blockchain data platform, today announced a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon and Emergence Capital also participated. Chainalysis is now the largest enterprise SaaS company in the cryptocurrency industry, and will use the funds to continue to invest in product innovation and scale its global operations to meet customer demand as the asset class gains mainstream acceptance.
While government bodies have long realized the importance of blockchain data and analysis, in the past year the demand for risk management and business intelligence solutions from exchanges and DeFi platforms scaling their businesses and financial institutions entering the cryptocurrency space reached new highs.
Over the past year, Chainalysis has:
- Increased its customer count by 75% and now has more than 750 customers in 70 countries.
- Doubled its private sector customer base and tripled its financial services customer base, and now counts more than 100 financial institutions as customers.
- Increased the number of customers that account for more than $100k in annual recurring revenue by 75% to 150 customers.
Business Momentum & Customer Successes
As the cryptocurrency industry has evolved and expanded since Chainalysis raised its Series E financing in June 2021, the company has partnered with new types of customers including NFT platforms like Dapper Labs, fintech companies like Robinhood, and traditional financial institutions like the Bank of New York Mellon, Cross River Bank, and Commonwealth Bank (CBA) in Australia. Business grew across regions, with Asia Pacific in particular experiencing a breakout year in 2021 and more than doubling revenue and customer count. As the company scales, it has maintained a customer satisfaction NPS score of 80%+.
Chainalysis customers also had huge success disrupting criminal activity and recovering funds. In November 2021, the IRS Criminal Investigations announced that it had seized over $3.5 billion worth of cryptocurrency in 2021 — all from non-tax investigations — representing 93% of all funds seized by the division during that time period. Other successes include the $2.3 million seized from the ransomware group behind the Colonial Pipeline attack, and OFAC's sanctioning of two Russia-based cryptocurrency services heavily involved in money laundering.
Product Development
Chainalysis is continuing to invest in building out its data platform to support new and enhanced risk management and business intelligence tools. Recent enhancements include:
- Deepened data advantage: Blockchain analysis tools are only as good as the underlying dataset, and Chainalysis now offers extensive DeFi identifications including 100% coverage of the Top 15 DEX liquidity pools, and improved coverage of lending and oracle protocols and yield-aggregators.
- Launched cross-chain graphing: With the increase in the number of blockchains — and of smart contracts that make them interoperable — Chainalysis Cross-Chain Investigations makes it easy for investigators to navigate this complicated ecosystem in a single graph.
- Expanded transaction monitoring capabilities: Chainalysis now screens on average $1 Trillion in transaction value each month across all cryptocurrency assets, enabling our customers to more quickly list new assets safely.
- Achieved SOC2 Type II Certification: Chainalysis completed its second compliance audit for the KYT and Reactor products, attesting to its successful implementation of controls in both the Security and Availability trust service criteria.
Team Growth
Over the past year, Chainalysis has hired more than 450 people, and now has over 700 employees. To support the company's continued growth and strengthen its operational functions, Chainalysis recently hired executives across functions, including:
- Sari Granat, President and Chief Operating Officer: Granat was previously EVP, Chief Administrative Officer & General Counsel at IHS Markit, where she led and scaled the data, analytics and technology company's legal, compliance, enterprise risk, information security, and information technology functions through 10 years of growth and transformation.
- W. Thomas Stanley, President and Chief Revenue Officer: Stanley was previously CRO at Tanium, where he drove hypergrowth to greater than $500M in ARR, while building out international markets as well as the partner sales organization.
- Mikaela Smith, Global VP of Talent Acquisition: Smith has been focused on globally scaling companies through hypergrowth for the last 11 years at Slack and Twitter, launching and operationalizing innovative diversity-focused programs while building out next generation Talent functions.
- Caroline Malcolm, Head of International Policy: Malcolm joins after 12 years at the Organisation for Economic Co-operation and Development (OECD), most recently as the Head of its Global Blockchain Policy Centre.
"Over the past year, the cryptocurrency industry crossed into the mainstream with financial institutions entering the space and new technologies like NFTs disrupting traditional markets," said Michael Gronager, Co-founder and CEO, Chainalysis. "Our partners at GIC understand the power of Chainalysis' data platform and customer network, the strength of our team of leaders, and the market opportunity before us. I'm thrilled to deepen our relationship with their team, especially as we expand our business in the APAC region."
"Chainalysis is in a unique position of running a SaaS business in the cryptocurrency space due to the stability of its business model as well as the increasing demand for trust and safety in the overall industry," said Choo Yong Cheen, Chief Investment Officer of Private Equity at GIC. He added, "We are pleased to expand our partnership and look forward to their next stage of growth."
"Our investment in Chainalysis is a natural progression of an already meaningful and productive alliance," said Roman Regelman, CEO of Securities Services & Digital for BNY Mellon. "BNY Mellon is a leader in financial market innovation, and collaborating with established firms in the digital asset ecosystem, like Chainalysis, is a key pillar in our strategy."
Chainalysis has over 370 open positions across all functions and geographies.
Chainalysis is hosting its annual Links New York conference this week on May 18 and 19. Register for the livestream here.
About Chainalysis
Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world's most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.
View original content:
SOURCE Chainalysis | https://www.whsv.com/prnewswire/2022/05/12/chainalysis-doubles-private-sector-business-raises-new-funding-double-its-valuation-86-billion/ | 2022-05-12T12:24:34Z |
Hockey fans can score a BUY-ONE-GET-ONE (BOGO) deal on May 16 at participating restaurants
NEWPORT BEACH, Calif., May 12, 2022 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today a "Wear Your Hockey Jersey" program that will offer a BUY-ONE-GET-ONE (BOGO) deal on entrees to in-restaurant diners wearing a hockey jersey on Monday, May 16 after 3pm local time. The brand is teaming up with super fans and U.S. Hockey Women's National Team members Hilary Knight and Kendall Coyne Schofield as well as rising NHL stars Trevor Zegras and Jack Hughes to promote the offer.
"The Stanley Cup may be the hardest trophy to win in sports, but we're making it easier than ever for hockey fans to access real food from Chipotle," said Chris Brandt, Chief Marketing Officer. "We're excited to see our restaurants filled with our fans' favorite jerseys next week as this thrilling edition of the NHL Playoffs continues."
In November of 2021, Chipotle announced its multi-year North American partnership to become the official Mexican-themed quick service and Mexican-themed fast-casual restaurant of the NHL. Chipotle's partnership with the NHL is the brand's largest sports sponsorship to date and the first time Chipotle has been an official sponsor of a major professional sports league. The Chipotle logo will be featured in a corner in-ice brand position for every game during the Stanley Cup® Playoffs throughout the partnership.
Chipotle also recently renewed its long-standing partnership with USA Hockey through 2023. Since 2018, Chipotle has been the title sponsor of the Chipotle USA Hockey Youth National Championships and supported men's and women's U.S. National Teams, including the National Junior Team who feature the Chipotle logo on their uniforms and helmets in international competition.
The BUY-ONE-GET-ONE (BOGO) promotion is limited to five free menu items per check and is subject to availability. Each free item requires purchase of an entrée item of equal or greater value and may be collected only by the jersey-wearing customer. Valid only on May 16, 2022. Redeemable in-restaurant only, at participating U.S. and Canada Chipotle locations; not valid for catering, mobile, online or delivery orders. Purchased entrées are eligible for Chipotle Rewards points; the promotion may not otherwise be combined with other coupons, promotions, or special offers. Additional restrictions may apply; void where prohibited.
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 3,000 restaurants as of March 31, 2022, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. Chipotle is ranked on the Fortune 500 and is recognized on the 2022 list for Fortune's Most Admired Companies. With over 100,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit WWW.CHIPOTLE.COM.
View original content to download multimedia:
SOURCE Chipotle Mexican Grill, Inc. | https://www.whsv.com/prnewswire/2022/05/12/chipotle-celebrates-stanley-cup-playoffs-with-hockey-jersey-bogo-us-canada/ | 2022-05-12T12:24:40Z |
Firm continues to attract best talent from within the industry
NEW YORK, May 12, 2022 /PRNewswire/ -- Colmore, the leading service and technology provider for private market Limited Partners (LPs) and allocators, has appointed Christine Campney to Relationship Management Director. Christine, who joined from the Canada Pension Plan Investment Board (CPP Investments), will sit on Colmore's Executive Committee and be responsible for client relationship management, bringing over 25 years of industry experience.
Christine joins Colmore following her previous role as Director, Real Assets and Private Equity Operations, with Canada Pension Plan Investment Board (CPP Investments). Her team oversaw over $120bn of investments on behalf of the Plan. Prior experience includes a range of private market roles roles with the University of Toronto, ILPA (Institutional Limited Partners Association) and Canadian Imperial Bank of Commerce (CIBC).
Christine will take over from Richard Lyons, a founding member of Colmore who has been instrumental in the company's success to date, and who has decided to retire at the end of June 2022. As Colmore's new Relationship Management Director, Christine will support Colmore's clients as both an investor and advocate of the need for better reporting and operational frameworks in the industry. Her appointment demonstrates Colmore's commitment to hiring the best talent from within LP community.
On the back of its August 2021 merger with Preqin, the global leader in alternative assets data, tools and insights, Colmore has continued to go through a strong growth phase. Today, Colmore has more than 240 professionals working across its four offices globally, and is currently focusing on expanding its presence into Asia-Pacific.
Colmore strives to source talent from within the industry and its hiring thesis ensures the team provides differentiated solutions built for LPs, by LPs.
Ben Cook, CEO of Colmore, says: "We are very much a client-first company, so I am delighted Christine will be joining our leadership team, bringing with her a wealth of experience and knowledge, to represent our clients' voice at leadership level. With Christine joining the company, we are very well positioned to understand our clients' strategic imperatives and ensure that Colmore is ready to support them.
"By continuing to attract top talent from within the industry, Colmore will strengthen its innovative technology solutions, as well as superior accounting and administration services to an ever-growing number of LPs."
Christine Campney adds: "I am delighted to be joining Colmore in a leadership capacity, as the company has reached an exciting growth phase and it is possible to see the clear impact the products and people are having on the industry. Being on the Executive Committee, I hope to leverage my strong, long-standing industry experience, working closely with Ben".
About Colmore
Colmore, a Preqin company, is a market-leading, technology-driven private markets investor services business focused on the Limited Partner and Allocator market. The business operates from four offices located in New York and Dallas in the US, and London and Birmingham in the UK. Colmore employs more than 240 professionals, with the business monitoring over 4,500 private market funds and 40,000+ holdings. For more information, visit www.colmore.com.
Photo - https://mma.prnewswire.com/media/1815797/Christine_Campney_Colmore.jpg
View original content to download multimedia:
SOURCE Colmore | https://www.whsv.com/prnewswire/2022/05/12/colmore-announces-appointment-cpp-investments-christine-campney/ | 2022-05-12T12:24:46Z |
While electricity is the number one input cost in vertical farming, CubicFarms' Crop Motion Technology™ delivers more than 2x greater energy efficiency with a single layer of lighting
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, today announced new data that demonstrates 54% to 62% less energy is used in a CubicFarm System module compared to results reported by other vertical farms surveyed globally. With electricity being the number one input cost in vertical farming, this is a significant advantage to customers using the CubicFarm System technology for indoor growing.
Most vertical farming operations rely on light emitting diode ("LED") grow lights positioned above every row of plants. Despite the significant land, water, and labour benefits of year-round indoor growing, the high energy usage of LED grow lights has, until now, slowed the wider adoption of Controlled Environment Agriculture ("CEA").
In 2020, the global vertical farming market was estimated at $3.24 billion and is expected to reach $24.11 billion by 2030¹. The world's leading advisory firm on urban and controlled environment agriculture, Agritecture, highlighted the need for greater transparency and accountability for claims about energy use in the vertical farming sector in its 2021 Global CEA Census Report.
"Lighting accounts for 65% of energy usage in a typical indoor farming operation," reported Henry Gordon-Smith, Founder and Chief Executive Officer, Agritecture. "62% indicated that they track energy consumption, but only 28% provided a credible number. Reporting how growers measure specific ESG (environmental, social, and governance) outcomes provides much needed and valuable insights that affect new technology adoption rates, policies, financing, and global operations. We're pleased to see CubicFarms taking a leadership role in benchmarking and sharing its significant energy savings."
The Company initiated new data collection to effectively measure energy usage in the CubicFarm System. Patented Crop Motion Technology™ moves plants to one layer of LED grow lights, unlike typical rack and stack layouts of other vertical farms that use multiple layers of energy-intensive LEDs. Findings include:
- 17.6 kilowatt hours ("kWh") per pound in typical vertical farms²
- 8 kWh/pound in a CubicFarm System module (54% less than typical vertical farms)
- 6.67 kWh/pound in a CubicFarms FreshHub System (62% less than typical vertical farms)
The Company's high-density FreshHub with 96 modules benefits from improved efficiencies of the growing system, using 62% less energy than typical vertical farms at 6.67 kWh/pound.
"The new data clearly demonstrates that a CubicFarm System is the most energy-efficient way to grow fresh produce indoors," said Edoardo De Martin, President and Chief Technology Officer, CubicFarms. "The high cost and energy requirements of thousands of LEDs is inefficient when automation allows us to use just a single layer. This industry comparison proves the definitive energy savings for our Farmer Partners growing produce using a CubicFarm System."
"At CubicFarms, we're committed to providing much-needed transparency in the ag-tech industry," said Dave Dinesen, Chief Executive Officer, CubicFarms. "We're in a category of our own with Crop Motion farming challenging the industry and creating the gold standard with the lowest energy requirements in vertical farming. CubicFarms' pioneering technology was initially developed by one of North America's largest greenhouse plant propagation businesses, Bevo Farms. We're leveraging decades of indoor growing experience and our innovative Crop Motion Technology™ to show that we're closer to the minimal energy requirements of greenhouse growing using solar energy. Other vertical farms require two to three times more energy than a CubicFarm System."
According to self-reported data surveyed and compiled in Agritecture's 2021 Global CEA Census Report, greenhouse operations require an average of 2.5 kilowatt hours of energy per pound of produce grown. CubicFarms' indoor growing technology is significantly closer to the low energy consumption typical of greenhouse growing using solar energy. Greenhouse growing requires more land and water than vertical farms, while CubicFarms' FreshHub System occupies one acre and replaces 100 acres of outdoor growing.
"CubicFarm System modules and FreshHubs can be located near major population centres for closer access to more reliable, year-round growing indoors with the added flexibility of less land, less water, localized transportation, and significant energy savings," said Dinesen.
¹Allied Market Research https://www.alliedmarketresearch.com/vertical-farming-market.
²Agritecture 2021 Global CEA Census Report, Typical Vertical Farm Energy Usage https://www.agritecture.com/census.
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a division of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops onsite, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
This release may contain certain "forward-looking statements" or "forward-looking information" under applicable securities laws. Forward-looking terms such as "may," "will," "could," "should," "would," "plan," "potential," "intend," "anticipate," "project," "target," "believe," "plan," "outlook," "estimate," or "expect" and other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain key expectations and assumptions made by the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct.
View original content to download multimedia:
SOURCE CubicFarm Systems Corp. | https://www.whsv.com/prnewswire/2022/05/12/cubicfarm-data-shows-its-systems-use-54-62-less-energy-than-typical-vertical-farms/ | 2022-05-12T12:24:52Z |
SAN FRANCISCO, May 12, 2022 /PRNewswire/ -- Curebase, a company committed to democratizing access to clinical studies, has named Lars-Olof "Lollo" Eriksson to its Advisory Board. Eriksson will join other board members to help the company develop technology, partnership and growth strategies designed to increase its share of the global decentralized clinical trial (DCT) market.
The DCT model designed and applied by Curebase ensures a better population representativeness in clinical trials. All aspects of diversity are of essence in clinical product development. Typically, unique populations are underrepresented in clinical trials but can now be included using Curebase DCT model. The company's virtual research sites provide physicians with new and better options to offer their patients access to explorative treatments, regardless of location. The Curebase platform and services empower sponsors, and physicians from practices of all sizes to conduct clinical research, including private practices, independent clinics, and large academic research sites.
A four-decade veteran of the pharmaceutical and clinical research industries, Eriksson is head of clinical development at Infant Bacterial Therapeutics AB in Stockholm, Sweden, where he manages and coordinates clinical research operations globally. Eriksson is a strategic advisor for Trialbee AB, a world leader in the digitalization of clinical research, having previously served in roles as the company's CEO, chief strategist and chief commercial officer. He was a senior executive at Merck Co., Inc., where he served for almost 30 years, specializing in clinical pharmacology, clinical research and clinical research operations worldwide. He is a recognized executive leader in the CRO business where he spent a total of 9 years with PAREXEL and ICON.
Eriksson, who has a Master's degree in pharmaceutical sciences from Uppsala University, a Ph.D. degree and Associate Professorship in clinical pharmacology from Lund University, Sweden, says clinical research and product development have been held back by traditionalists mindset who fears and resists change – until the COVID-19 pandemic allowed innovators to come forward and forced a reassessment of the clinical research methodology by sponsors, CROs, academic researchers and regulators.
"We realized we couldn't continue doing what we were doing and that we needed innovation in how clinical trials are conducted and how participants are recruited," Eriksson said. "Curebase's DCT platform is an outstanding example of a scalable innovative solution that improves the clinical trial process by enabling access to a larger volume and more diverse group of participants. They couple their technology with virtual and hybrid site staff, in addition to cutting edge trial execution capabilities. This results in faster, less costly trials and better drugs."
"Dr. Eriksson's innovative approach to clinical operations and his vast experience across Europe, North America, Latin America, Asia and the Pacific areas will be invaluable to Curebase as we continue to grow in global markets," said Curebase CEO Tom Lemberg. "We are excited and fortunate to have him join our Advisory Board."
About Curebase
At Curebase, our mission is to bring quality medical innovations to patients faster and improve human wellbeing through more efficient clinical studies. We are proving that clinical research can be radically accelerated if we empower physicians everywhere to enroll patients in the communities where they live. By applying cutting edge clinical software and remote study management techniques to the problem, we are reinventing clinical trials and research from the ground up. For more information, please visit www.curebase.com.
Media Contacts:
Shawn Malloy
shawn@curebase.com
View original content to download multimedia:
SOURCE Curebase | https://www.whsv.com/prnewswire/2022/05/12/curebase-adds-pharma-clinical-research-veteran-advisory-board/ | 2022-05-12T12:24:59Z |
ROUND ROCK, Texas, May 12, 2022 /PRNewswire/ -- Dell Technologies (NYSE: DELL) will conduct a conference call Thursday, May 26, 2022, at 4:30 p.m. CDT to discuss its fiscal 2023 first quarter financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be available at the same location.
The company will issue the results via a press release with accompanying financial statements before the conference call broadcast. At that time the release, edited prepared remarks and presentation containing additional financial and operating information may be downloaded from investors.delltechnologies.com.
Dell Technologies
Dell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.
Copyright © 2022 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies, Dell, EMC, Dell EMC and other trademarks are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners.
View original content to download multimedia:
SOURCE Dell Technologies | https://www.whsv.com/prnewswire/2022/05/12/dell-technologies-hold-conference-call-may-26-discuss-first-quarter-fiscal-2023-financial-results/ | 2022-05-12T12:25:05Z |
Booth presence to focus on integrated self-service solution concepts for fashion, fuel and convenience, grocery and QSR
BERLIN, May 12, 2022 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a global leader in designing, enabling and operating sustainable retail consumer and staff journeys, is pleased to announce its participation in EuroCIS 2022, the leading trade fair for retail technology. Visitors of the exhibition, taking place May 31 to June 2 in Düsseldorf, Germany, will be able to experience solutions that support the stores of the future by walking through multiple interactive retail scenarios. The booth will include examples of fashion, grocery and convenience store checkout to engage visitors in the in-store, connected commerce experience of the future. Additionally, visitors can learn more about the company's electric vehicle charging services.
Diebold Nixdorf's booth #D25, located in hall 9, will feature the newest highlights of the company's Storevolution™ program:
- The latest DN Series™ EASY portfolio of retail, self-service solutions that are highly modular, more open and offer the ultimate in uptime and availability.
- "More to come" innovations like Vynamic® Smart Vision | Age Verification to verify users' ages with artificial intelligence at self-checkout systems; Vynamic® Smart Vision | Fresh Produce Recognition to enable customers to easily handle non-barcoded fresh fruit and vegetables; and Vynamic® Digital Receipt, the new sustainable interface to the customer.
- Vynamic® Retail Platform, the new cloud-native retail software platform developed to drive innovation in highly dynamic retail environments, including the three pre-configured checkout solutions Vynamic® GRx for Grocery, Vynamic® SFx for Specialty & Fashion and Vynamic® FCx for Fuel and Convenience.
- Proactive and predictive DN AllConnect ServicesSM for Retail, such as Managed Self-Service, Managed Mobility and Managed Store for market-leading availability at a very low total cost of ownership.
- Installation, management and delivery services for electric vehicle charging stations, ensuring improved availability for the growing number of electric car drivers.
- DN Series™ BEETLE, celebrating its 30th anniversary this year, featuring the BEETLE A family, a unified POS platform differentiated by its modularity, optimized serviceability and market-leading total cost of ownership (TCO).
Storevolution is a strategic program for retailers to design, enable, and operate consumer journeys based on four guiding principles: Consumer Centricity; Store Digitalization; High Connectivity; and Store-as-a-Service. When leveraged together, these principles comprise Diebold Nixdorf's vision for the future of retail. The Storevolution represents the future of a low-touch, convenient, and personalized customer experience. EuroCIS 2022 attendees will have the opportunity to experience this future up close.
Ilhami Cantadurucu, vice president Retail Global Accounts, at Diebold Nixdorf said: "Retail technology adoption has seen an unprecedented uptick in the last years. More and more retailers think about how to reduce friction points for customers and staff members in their stores to improve shopping and checkout experiences. In addition to this, they also need to anticipate future changes, as customer demands further shift rapidly. Diebold Nixdorf's presence at EuroCIS 2022 will focus on the technology retailers need to create impressive retail environments today and keep pace with all new developments tomorrow."
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. They automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, their integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.
Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
DN-R
View original content to download multimedia:
SOURCE Diebold Nixdorf, Incorporated | https://www.whsv.com/prnewswire/2022/05/12/diebold-nixdorf-showcase-low-touch-retail-experiences-shoppers-staff-eurocis-2022-expo-dsseldorf/ | 2022-05-12T12:25:11Z |
Financial and retail technology leader replaced legacy HR systems with a single platform to increase operational efficiency and improve the employee experience
AUSTIN, Texas, May 12, 2022 /PRNewswire/ -- Diebold Nixdorf, a global leader in enabling connected commerce, has implemented Oracle Fusion Cloud Human Capital Management (HCM) to replace its network of local HR systems on a single platform. With Oracle Cloud HCM, the company's HR team will be able to operate more efficiently and gain deeper insights about its global workforce, which includes more than 20,000 employees and has a presence in more than 100 countries.
In 2016, Diebold, Incorporated acquired Wincor Nixdorf to create Diebold Nixdorf, a global organization that specializes in the sale, manufacture, installation and service of self-service transaction systems for banks and retailers around the world. After the acquisition, Diebold Nixdorf was operating on a series of legacy HR systems across different countries that each stored different kinds of employee information. This made it difficult and time consuming to gather insights about its global workforce or find basic information such as the cost of payroll or amount of employee turnover. To address these challenges and establish a unified platform to support its global operations, Diebold Nixdorf selected Oracle Cloud HCM for its ability to deliver a complete solution to streamline HR processes and deliver comprehensive workforce insights.
"Our HR strategy doesn't work without technology, which helps us to streamline processes across our company so people can focus on the core parts of their job. As we thought about what we needed from our new HR technology system, we decided that having a unified set of HR data about every employee in every region would help us get the answers we needed in a timely manner," said Tiffanie Lewis, vice president of HR technology and service solutions, Diebold Nixdorf. "Out of the vendors we considered, Oracle Cloud HCM was the clear winner as it brought together all our HR operations on a single platform and enabled us to gain deeper insights into workforce trends and operate more efficiently."
Diebold Nixdorf began its multi-year journey with the Oracle Cloud HCM Goals and Performance and Core HR modules. Additional modules, developed and integrated with the strategic support of long-time Oracle partner, Accenture, enable Diebold Nixdorf to unify its disconnected HR data into a complete solution that connects every human resource process from hire to retire. By having one source of truth for HR data, Diebold Nixdorf has been able to simplify HR operations for employees, managers and HR leaders. For example, employees and managers now have self-service access to HR processes, saving HR teams from manually processing simple changes such as changing a home address or direct deposit account. Additionally, with Oracle HR Help Desk, part of Oracle Cloud HCM, the Diebold Nixdorf team now has deeper insights into HR requests to help them improve efficiency and deliver answers more quickly to enhance the employee experience.
"The last three years have presented a lot of opportunities for companies like Diebold Nixdorf as people embraced digital solutions for shopping and banking. To meet these changing consumer behaviors, Diebold Nixdorf needed clear insights into its workforce so it could adapt its resources, scale operations, and capitalize on demand," said Yvette Cameron, senior vice president of global product strategy, Oracle Cloud HCM. "With Oracle Cloud HCM, Diebold Nixdorf has a single unified HR system that will support its growth, now and into the future. The constant stream of innovation updates that we deliver every 90 days will help make processes simpler for their HR teams and employees alike, which will ultimately mean they have to spend less time on administrative tasks and can instead focus on adding value to their customers."
Learn more about how Diebold Nixdorf is using Oracle Cloud HCM to improve the employee experience here: https://www.oracle.com/human-capital-management/events/what-matters/
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.
Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
View original content to download multimedia:
SOURCE Oracle | https://www.whsv.com/prnewswire/2022/05/12/diebold-nixdorf-unifies-global-hr-operations-oracle-fusion-cloud-hcm/ | 2022-05-12T12:25:18Z |
Pizza makers from around the world competed for coveted title
LAS VEGAS, May 12, 2022 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, awarded the 2022 World's Fastest Pizza Maker title to Zagros Jaff among nearly 8,000 cheering spectators at The Venetian Resort in Las Vegas on May 10. Jaff, a regional manager in Hampshire, England, made three large pizzas in an impressive 70 seconds – that's equal to making each pizza in roughly 23 seconds! Jaff won $3,000 in prize money, a trophy, a championship belt and the coveted title of World's Fastest Pizza Maker, presented by Domino's Chief Executive Officer Russell Weiner.
"I am so excited to have won the World's Fastest Pizza Maker Competition," said Jaff. "I have been training for this for 12 years. This competition means everything to me. Making pizzas fast and efficiently is the heart of Domino's business – it's what I do every single day. I want to be the best and I love the rivalry. It makes me work harder."
World's Fastest Pizza Maker finalists came from Domino's stores all around the world to compete. They had to hand-stretch fresh dough, as well as sauce and place toppings on three large pizzas – one pepperoni, one mushroom and one cheese – as quickly as possible. While speed was important, it was not the only part of the equation in determining the World's Fastest Pizza Maker. This year, participants were graded on three criteria: dough/sauce, portioning of toppings and placement. Quality was scrutinized as two judges, who are highly qualified in Domino's standard pizza-making practices, inspected the stretching of the dough, application of the sauce and portioning of toppings during the competition. If the pizza was not perfect, the judges added time penalties to the competitor's time or the pizza was disqualified.
Domino's began the World's Fastest Pizza Maker competition in 1982 to honor pizza makers who best exemplify the company's philosophy of keeping efficiency in the store to allow sufficient time for safe, timely pizza delivery.
"We couldn't be happier to crown Jaff as Domino's 2022 World's Fastest Pizza Maker," said Weiner. "Domino's and its franchise owners employ some of the greatest pizza makers in the world. Our emphasis is on the quality of the pizza, while also using our expertise to get them made quickly. We are known as the 'delivery experts' and our goal for everyone in a Domino's store is to get hot, great-tasting pizzas to customers' doors safely and efficiently. The World's Fastest Pizza Maker Competition recognizes the champions who take pizza-making to an entirely different level. This level of speed is absolutely unbelievable!"
Jaff started working for Domino's as a pizza maker in 2007. He currently works for franchise owner Wayne Benson.
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout pizza. It ranks among the world's top public restaurant brands with a global enterprise of more than 19,000 stores in over 90 markets. Domino's had global retail sales of nearly $17.8 billion in 2021, with over $8.6 billion in the U.S. and over $9.1 billion internationally. In the first quarter of 2022, Domino's had global retail sales of over $4.0 billion, with over $1.9 billion in the U.S. and nearly $2.1 billion internationally. Its system is comprised of independent franchise owners who accounted for 98% of Domino's stores as of the end of the first quarter in 2022. Emphasis on technology innovation helped Domino's achieve more than half of all global retail sales in 2021 from digital channels. In the U.S., Domino's generated more than 75% of U.S. retail sales in 2021 via digital channels and has developed several innovative ordering platforms, including those for Google Home, Facebook Messenger, Apple Watch, Amazon Echo, Twitter and more. In 2019, Domino's announced a partnership with Nuro to further its exploration and testing of autonomous pizza delivery. In mid-2020, Domino's launched a new way to order contactless carryout nationwide – via Domino's Carside Delivery®, which customers can choose when placing a prepaid online order.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
View original content to download multimedia:
SOURCE Domino's Pizza, Inc. | https://www.whsv.com/prnewswire/2022/05/12/dominos-awards-worlds-fastest-pizza-maker/ | 2022-05-12T12:25:25Z |
Product Suite from Workforce Solutions Simplifies Forms Management to Improve Employee Experience
ATLANTA, May 12, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced enhancements to its employee-driven product suite with the expansion of its State Forms solution. The enhanced solution delivers simplified forms management to help U.S. employers meet state employee form requirements, including required annual notices. Bundling State Forms with services including I-9 Management, state and federal withholding forms and Work Opportunity Tax Credits (WOTC) helps employers more seamlessly create their own custom forms and packets to improve the employee experience.
More than 1 in 10 Americans moved during the pandemic according to a recent survey from Zillow Group, with respondents citing the opportunity to work remotely as a primary reason they decided to move. For employers that hire across multiple states, keeping up with the numerous state laws that govern new hire forms and annual notices can be a complex and daunting task.
The State Forms solution from Equifax can help automate this process for employers – from monitoring state requirements and tracking updates, to helping employers better manage the delivery of forms to a remote, in-office or hybrid workforce. Equifax maintains a growing and customizable array of forms, which can be accessed by HR professionals and employees via secure, single sign-on (SSO) technology. In addition, the solution can integrate seamlessly with most human capital management (HCM) systems through an application programming interface (API) connection or other integration technology.
"The pandemic caused a dramatic shift in companies' willingness to consider remote work, opening up a nationwide talent pool. However, the cross-state workforce also brings new challenges and risks for employers," commented Kate Devine-Elkins, Director, Product Management, Compliance Solutions at Equifax Workforce Solutions. "At a time when employee expectations are rising and it's more important than ever to retain talent, new enhancements to our State Forms service delivers on our commitment to helping take more of the administrative burden off of HR, while also helping employers better mitigate their risk and setting the stage for a more positive employee experience during onboarding and beyond."
State Forms is an integral pillar in the Equifax Workforce Solutions Compliance Center suite of solutions, along with I-9 Management (including our award-winning I-9 Anywhere™ solution for simpler remote onboarding) and WOTC Management, which supports faster onboarding and easier form management along the employee lifecycle, all within a customizable platform that connects seamlessly with most HCM systems. State Forms is available now to employer customers. More information on State Forms solutions from Equifax Workforce Solutions is available here.
ABOUT EQUIFAX
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION
Daniel Jenkins for Equifax Workforce Solutions
mediainquiries@equifax.com
View original content to download multimedia:
SOURCE Equifax Inc. | https://www.whsv.com/prnewswire/2022/05/12/equifax-expands-state-forms-solution/ | 2022-05-12T12:25:31Z |
Breakthrough App Gives Family Members Unprecedented Mobile Access Into Insights, Reports and Transactions to Improve Connectivity, Transparency and Decision Making
RESEARCH TRIANGLE PARK, N.C., May 12, 2022 /PRNewswire/ -- Eton Solutions, developer of the cloud-based AtlasFive® technology platform for the family office of the future, today announced the AtlasFive® Mobile App, the first mobile application to give ultra-high-net-worth families customizable, anywhere, anytime access into their net worth, investments, holdings, transactions and documents.
The AtlasFive® Mobile App allows family members to approve or reject transactions from anywhere in the world. Family members can instantly and securely access their individual net worth and customized reports, approve cash distributions, submit bills for payment, and much more. Users can view documents from within the Mobile App, giving them access to reports, financial statements, titles, deeds, wills, investment agreements, etc. It also enhances connectivity and communications through simple, secure messaging functionality to improve engagement and satisfaction with the family office.
"Keeping family members informed and facilitating productive and timely interactions is a key responsibility of family offices." said Rob Mallernee, CEO and founder of Eton Solutions. "The AtlasFive® Mobile App makes the entire process seamless. It is another major step forward in delivering full transparency and information accessibility to family members to enable faster, more informed decision making."
A New Standard of Connectivity
The AtlasFive® Mobile App meets the needs of today's connected, on-the-go families. It builds on the breakthroughs made by Eton Solutions in creating a trusted, all-in-one platform for managing the complex affairs of ultra-high-net-worth families and providing greater access and transparency for users. In January, the company launched the AtlasFive® Client Portal, which provides near real-time, privacy-protected visibility and approvals of family office activities and information, including day-to-day net worth information.
The AtlasFive® Mobile App gives clients 24/7 access to family office data and processes. The Mobile App utilizes secure multi-factor authentication and SSO using SMS messaging or Microsoft's app authenticator to ensure client information is fully secure and can only be accessed by designated users managed by the family office. Family members see the same data the family office uses, eliminating confusion and reporting lags and ensuring family members and family office staff are always aligned. Although data is reconciled daily within AtlasFive®, family offices can choose whether the Mobile App reports on daily, weekly, or monthly financial information.
Among the features and capabilities of the AtlasFive® Mobile App are:
- Instant governed transaction approvals with a click
- Slice-and-dice reports for customized position views
- Simplified communication with the office staff through the easy-to-use secure messaging functionality
- Constant access to important documents
- True net worth reporting refreshed daily, weekly, or monthly
A Platform for the family office of the Future
An ERP system for family offices, AtlasFive® was purpose-built to deliver unmatched process efficiency, data accuracy, and risk reduction for ultra-high-net-worth family wealth management. It is the only truly integrated, all-in-one technology platform that seamlessly connects all data, services and stakeholders within single and multi-family offices.
AtlasFive® ends family office reliance on manually intensive processes and disconnected, rudimentary point solutions that require duplicate data entry. Office personnel no longer need to use spreadsheets to reconcile, consolidate and aggregate data. Reporting is always timely and accurate, instead of being delayed by weeks or even months after a period closes. Ad hoc reports no longer require long hours of additional work. As a result, senior office personnel can devote more time to forward-looking analysis and advice to provide greater value to clients.
Used by some of the largest single-family and multi-family offices in the world and with over $425 billion in assets on the platform, AtlasFive® integrates such services as general ledger accounting, investment performance management, fund accounting, bill payment, and document management, while allowing family offices to adopt best practices for those services. Based on a single integrated source of data and a family office-specific data model, AtlasFive® uniquely accommodates the complex relationships of ownership within the family office, connecting all of the legal entities, individuals, assets, liabilities, accounts, and transactions that make up the operational management of the office. Eton Solutions also provides a range of outsourced services to family offices delivered by highly qualified professionals, including CPAs and CFAs trained on the full capabilities of AtlasFive®.
About Eton Solutions
Eton Solutions is a software and services company founded to handle the complexities of servicing ultra-high-net-worth families. Created by family office leaders, Eton Solutions' flagship product is AtlasFive®, an integrated platform with over $425 billion in assets under administration that holistically aggregates and manages all your office's data, reporting, and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximizing efficiency and minimizing errors and risk. To learn more about Eton Solutions and to request a demo of AtlasFive®, please visit https://eton-solutions.com/.
Media Contact:
Kevin Sugarman
ksugarman@globalfluency.com
408-677-5300 x 118
View original content to download multimedia:
SOURCE Eton Solutions | https://www.whsv.com/prnewswire/2022/05/12/eton-solutions-introduces-atlasfive-mobile-app-family-offices/ | 2022-05-12T12:25:38Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.