U.S. ethane production increased steadily over the last decade and reached a record of 3.0 million barrels per day (b/d) in May 2024. Ethane production in the first half of 2024 (1H24) averaged a record 2.8 million b/d, according to data from our Petroleum Supply Monthly. The increase was driven by more natural gas and ethane production in the Permian Basin, which spans Texas and New Mexico.
Ethane serves mainly as a petrochemical feedstock to produce ethylene, which is used to make plastics and resins. Continued growth in ethane consumption in the global petrochemical sector, increasing proportions of ethane derived from U.S. natural gas production, and favorable production economics have driven steady increases in ethane production in recent years.
In the United States, almost all ethane is recovered at natural gas processing plants, which remove ethane and other natural gas plant liquids (NGPL) from raw natural gas. During 1H24, U.S. marketed natural gas production, which includes dry natural gas and NGPLs before they are separated out, averaged a record 112.8 billion cubic feet per day (Bcf/d), 1.0 Bcf/d more than the 1H23 average.
Ethane production in the Texas Inland and New Mexico refining districts, which include the Permian Basin, accounted for 62% of U.S. ethane production during 1H24, slightly more than the 60% share in 1H23. Ethane production in these two districts averaged 1.7 million b/d in 1H24, a 7% (0.1 million b/d) increase from 1H23. Ethane production in the Appalachian No. 1 refining district, which straddles most of the Appalachian Basin production area in Pennsylvania and West Virginia, also increased during 1H24, averaging 327,000 b/d, up from 292,000 b/d in 1H23. Ethane production in other refining districts remained essentially unchanged from 1H23.
U.S. ethane production continued increasing to meet growing demand from domestic and international consumers. Consumption of ethane in the United States in 1H24 averaged 2.3 million b/d, up from 2.1 million b/d in 1H23, while U.S. ethane exports averaged 470,000 b/d, down 17,000 b/d compared with 1H23. The United States began exporting ethane in 2014 to petrochemical plants in Canada and became the world’s largest exporter of ethane in 2015, when tanker exports to Europe began. The most common destinations for ethane exports in 1H24 were China (45% of U.S. ethane exports; 212,000 b/d), Canada (15%; 70,000 b/d), and India (14%; 65,000 b/d).
In our Short-Term Energy Outlook, we expect ethane production to average 2.8 million b/d in both 2024 and 2025, a 5% increase compared with 2023. We expect domestic ethane consumption to average 2.3 million b/d in both 2024 and 2025, a 5% increase compared with 2023. We expect U.S. net ethane exports to rise to 490,000 b/d in 2024 and 520,000 b/d in 2025, an 11% increase from 2023 to 2025.
Amanda Denes, a professor in the Department of Communication in the College of Liberal Arts and Sciences, has received funding from the National Cancer Institute to conduct a pilot study that investigates the relationships between communication and sexual, relational, and individual well-being for individuals diagnosed with metastatic breast cancer.
Metastatic breast cancer, also called stage IV breast cancer, is a late-stage cancer where cancerous cells have spread beyond the breast to other organs.
Denes, who is a principal investigator at UConn’s Institute for Collaboration on Health, Intervention, and Policy (InCHIP), will explore how metastatic breast cancer patients communicate with their partner about their sexual, relational, and individual well-being. Patients will complete an online survey about their relationship with their partner, how cancer has changed their sexual relationship, and if and how they communicate with their partner about these changes.
Amanda Denes, professor in the Department of Communication
“Despite the recognition that sexuality should be part of end-of-life care and is vital for couples with cancer to maintain connection, sexual needs are rarely assessed among metastatic cancer patients. Their needs for intimacy may be even stronger than before cancer, given the limited time and highly emotional experience of facing a terminal diagnosis,” says Denes.
A cancer diagnosis is a life-altering experience that impacts not only physical health, but also mental and emotional well-being, and social relationships.
For married or committed couples, a cancer diagnosis becomes a shared challenge as they cope with the diagnosis and adjust to their new reality. Cancer can impact and change the communication patterns that couples have established, as well as their roles and responsibilities in the relationship.
Although being married or in a committed partnership has health benefits and may improve quality of life, couples navigating a cancer diagnosis may also experience heightened levels of stress and breakdowns in communication, a major cause of divorce or breakups.
Mutual, constructive communication has been shown to ease psychological distress, sustain closeness and intimacy, and improve outcomes. It is particularly important for couples to engage in discussions about their sexual health, even if they may be reluctant.
“Sex is one of the most frequently discussed topics among couples facing cancer, so there is evidence that talking about sex is important in this context. There has been some work demonstrating the benefits of interventions focused on improving sexual communication between reproductive cancer patients and their partners, but much of this work overlooks the experiences of people with advanced cancers, like metastatic breast cancer,” says Denes.
Denes is collaborating with Keith Bellizzi, a professor of gerontology in the Department of Human Development and Family Sciences. He has expertise in cancer survivorship and quality of life, including sexual function.
Keith Bellizzi, professor in the Department of Human Development and Family Sciences
“While there has been growing attention to psychosocial impacts of cancer, intimacy in couples is much less understood, particularly among women with metastatic breast cancer,” says Bellizzi.
Denes and Bellizzi previously collaborated on projects exploring couples’ communication about sexuality in the context of reproductive cancers. They also conducted preliminary testing of the study’s survey tool.
“Identifying specific forms and features of talk that may help or hinder couples as they navigate intimacy in the context of metastatic breast cancer is a pivotal first step in understanding if and how communication can benefit individual and relational well-being. Findings from this study will help identify aspects of communication that patients find beneficial when navigating sexuality and intimacy in their relationship,” says Denes.
To expand data collection, the research team received bridge funding from InCHIP. This will enable Denes and Bellizzi to survey an additional 200 participants and test their exploratory model, which will serve as the foundation for a future external grant application.
For Denes, studying how couples with cancer successfully talk about cancer-related changes is both a personal and professional endeavor.
“I am particularly interested in the experiences of couples facing cancer given the ways that cancer has affected my own life. I have watched friends and family members battle cancer and experience changes to roles, relationships, and the communication that occurs within them. This has made me want to understand how couples facing cancer can successfully communicate about cancer-related changes,” says Denes.
Denes’ research focuses on interpersonal communication and how it impacts relational, mental, and physical health, with the goal of identifying communication practices that contribute to individual and relational thriving. She currently serves as principal investigator on two projects that explore couples’ communication about sexual and relational changes in the face of a cancer diagnosis and treatment.
These projects were supported by internal funding from UConn and a U.S. Scholar Award from the Australian-American Fulbright Commission, and investigate communication about sexuality and intimacy among heterosexual and LGBTQI+ cancer patients.
According to the World Health Organization (WHO), sexual health extends beyond the absence of disease, dysfunction, or infirmity and encompasses physical, emotional, mental, and social well-being. WHO also recommends acknowledging that sexual experiences can and should be pleasurable.
“Despite sex being an essential part of human existence and connection, it is still a topic that many consider taboo. Seeing how the silence that surrounds sex and sexuality can negatively impact individuals and their relationships led me to focus my research on the communication processes that contribute to satisfying relationships,” says Denes.
CALGARY, Alberta, Oct. 28, 2024 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company, is pleased to provide an operational update for its eight gas field production enhancement project in Uzbekistan.
Two recently worked-over wells have returned to service and are providing 441 boepd of incremental production, after a combined 20 meters of previously unperforated reservoir pay was accessed. Prior to the workovers, the first well wasn’t producing and is now flowing 410 boepd based on a 24 hour production test. Although the second well is still recovering workover fluids, its incremental flow rate is already 31 boepd or a 65% increase, also based on a 24 hour test. As disclosed earlier this month, three prior workovers added a cumulative 330 boepd of incremental production.
A second rig that was planned for delivery in early November has already begun workover activities on a well that is targeting up to 25 meters of previously unperforated reservoir. With over 100 wells in the eight fields, there is a large inventory of both producing and shut-in wells available for evaluation, recompletion and optimization opportunities to profitably grow production.
The extensive geological evaluations performed, coupled with recent workover results, suggest that material untapped hydrocarbon potential exists within the carbonate formations of the Company’s 279 km2 license area. These carbonate platforms contain thick reservoir sections interbedded with laterally extensive evaporite layers, creating ideal conditions for hydrocarbon trapping. The reservoirs are analogous to carbonate formations in Canada’s Western Canada Sedimentary Basin (“WCSB”), such as the Charlie Lake and Midale, which continue to be successfully monetized. By leveraging this geological similarity, the Company is maturing the potential of horizontal and multi-lateral drilling, a proven method in Canada to enhance deliverability and maximize recovery from these reservoirs.
Don Streu, President and CEO of Condor, commented: “We continue to be very pleased with the early results of our workover program and are excited to have a second service rig operating. The multiple successes of world-class developments in the WCSB showcases how carbonate reservoirs can deliver impressive production rates and recoveries. The geological characteristics in Uzbekistan – thick reservoirs interbedded with evaporites – are strikingly similar to those found in Western Canada, where decades of production have been economically sustained. By employing advanced horizontal and stacked drilling techniques, we could achieve even higher deliverability and maximize recovery from our Jurassic carbonate reservoirs, mirroring the positive Canadian analogue outcomes.”
ABOUT CONDOR ENERGIES INC
Condor Energies Inc is a TSX-listed energy transition company that is uniquely positioned on the doorstep of European and Asian markets with three distinct first-mover initiatives: increasing natural gas and condensate production from its existing fields in Uzbekistan; an ongoing project to construct and operate Central Asia’s first LNG facility in Kazakhstan; and a separate initiative to develop and produce lithium brine in Kazakhstan. Condor has already built a strong foundation for reserves, production and cashflow growth while also striving to minimize its environmental footprint.
FORWARD-LOOKING STATEMENTS
Certain statements in this news release constitute forward-looking statements under applicable securities legislation. Such statements are generally identifiable by the terminology used, such as “anticipate”, “appear”, “believe”, “intend”, “expect”, “plan”, “estimate”, “budget”, “outlook”, “scheduled”, “may”, “will”, “should”, “could”, “would”, “in the process of” or other similar wording. Forward-looking information in this news release includes, but is not limited to, information concerning: the timing and ability to perforate up to 25 meters of previously unperforated reservoir; the timing and ability for material untapped hydrocarbon potential to exist within the carbonate formations of the Company’s license area; the timing and ability for carbonate platforms to contain thick reservoir sections interbedded with laterally extensive evaporite layers to create ideal conditions for hydrocarbon trapping; the timing and ability for the Company’s reservoirs to be analogous to carbonate formations in Canada’s Western Canada Sedimentary Basin; the timing and ability to mature the potential of horizontal and multi-lateral drilling to maximize recovery; the timing and ability to employ advanced horizontal and stacked drilling techniques; the timing and ability to drill new wells and the ability of the drilled wells to become producing wells; projections and timing with respect to production; the timing and ability to obtain future funding on favorable terms, if at all; the timing and ability to increase production by executing the planned drilling and workover programs; and the timing and ability to obtain various approvals and conduct the Company’s planned development activities.
ABBREVIATIONS
The following is a summary of abbreviations used in this news release:
boe
Barrels of oil equivalent*
boepd
Barrels of oil equivalent per day
km2
Square kilometers
Mscf
Thousand standard cubic feet of gas
* Barrels of oil equivalent (“boe”) are derived by converting gas to oil in the ratio of six thousand standard cubic feet (“Mscf”) of gas to one barrel of oil based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 Mscf to 1 barrel, utilizing a conversion ratio at 6 Mscf to 1 barrel may be misleading as an indication of value, particularly if used in isolation.
The TSX does not accept responsibility for the adequacy or accuracy of this news release.
For further information, please contact Don Streu, President and CEO or Sandy Quilty, Vice President of Finance and CFO at 403-201-9694.
Hytron Enhances Hygiene Standards at Temasek Polytechnic, Marks a Monumental Leap in Cleaning Technology
SINGAPORE, Oct. 28, 2024 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), announces the launch of Hytron, a cutting-edge AI-powered automated toilet cleaning robot, now operational and enhancing hygiene standards at Temasek Polytechnic. This innovative technology introduces unprecedented levels of cleaning efficiency, setting new benchmarks in the industry.
(Primech AI’s COO, Charles Ng, and CTO, Richard Zhang, proudly commemorate the successful deployment of the Hytron robot at Temasek Polytechnic. Image: Primech AI)
Hytron is engineered to address the high demands for cleanliness in high-traffic areas such as offices, malls, and hospitals. Equipped with advanced AI, Hytron autonomously navigates and cleans toilet fixtures with a precision down to less than one millimeter, surpassing conventional cleaning methods. Its ability to navigate in three-dimensional spaces and perform touch-based cleaning allows it to remove stubborn stains effectively, ensuring a thorough and consistent clean every time.
The technical superiority of Hytron lies in its integration of force-sensitive sensors and 3D recognition technologies, enabling it to adapt and respond to the nuances of different cleaning environments. This level of precision and adaptability sets Hytron apart from competitors, highlighting its unique position in the market.
“The launch of Hytron at Temasek Polytechnic has already shown fantastic results, with significant improvements in restroom cleanliness and overall hygiene,” said Charles Ng, Vice President of Innovation and Technology at Primech Holdings and Co-Founder COO of Primech AI. “Hytron not only elevates the standard of cleanliness but also enhances the operational efficiency for facilities managers, offering a scalable solution that meets the growing global demands for hygiene.”
The market potential for restroom-cleaning robots like Hytron is vast. With the global commercial cleaning products market projected to reach USD 121.29 billion by 2023, according to data from market research and consulting firm Grand View Research, growing at a CAGR of 7.91% from 2024 to 2030, the introduction of automated solutions like Hytron is timely. This growth is driven by increasing hygiene awareness and the need for more efficient cleaning solutions in public and private spaces worldwide.
Primech AI, in collaboration with Temasek Polytechnic, plans to expand this cleaning initiative by introducing more robots to clean more toilets on campus, modernizing, streamlining, and humanizing toilet cleaning processes. Hytron’s successful deployment marks the beginning of its potential expansion into other cleaning applications, reinforcing Primech AI’s position as a leader in the field of robotic cleaning solutions. This technology not only promises to revolutionize the way cleaning tasks are approached but also offers substantial cost savings and health benefits, making it a game-changer in the cleaning industry.
(Hytron being deployed at Temasek Polytechnic, autonomously executing a restroom cleaning cycle, leveraging advanced AI algorithms for precise positioning and optimal task completion.Image:Primech AI)
About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore, with expanding operations in Malaysia. With a legacy of excellence and innovation in the facility services industry, Primech’s operating subsidiary, Primech A & P, offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Additionally, CSG Industries Pte Ltd, a subsidiary of Primech Holdings, manufactures and supplies various high-quality cleaning products under its brand, extending its reach and capabilities within the industry. Known for its commitment to sustainability and cutting-edge technology, Primech integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
SAN FRANCISCO, Oct. 28, 2024 (GLOBE NEWSWIRE) — QuestionPro, a global leader in online survey and research services announces Chris Robson has joined the company in the newly created position of Vice President, Managed Services. Robson will create this new division which is focused on helping QuestionPro customers get the most out of its robust research platform.
Well known as a research industry thought-leader, Robson is a mathematician by training who has worked at both large enterprises as well as startups. Immediately prior to joining QuestionPro, he was the Global Head of Data Science at Human8, a global brand consultancy where he developed new methodologies including the application of Generative AI and LLMs. Earlier in his career he managed advanced research teams and large software teams (70+ people) at HP.
He was also Chief Innovation Officer and Global Head of Research Science at ORC, where he led a team of analysts and statisticians to embrace and adopt new approaches for data-centered insights. Robson also co-founded and ran two successful research analytics agencies: Parametric Marketing and Deckchair Data. He holds a Bachelor of Science with Honors in Mathematics from the Brunel University of London.
Robson will have overall responsibility for establishing and growing QuestionPro’s Managed Services Group which provides services to clients who need assistance to go above and beyond the capabilities of the company’s existing suite of research platforms. This can include project management, study design, custom programming, reporting and analytics. Whether it is providing end-to-end project support, simply customizing the appearance of a single question or running advanced analytic methods the group ensures that clients can get the answers they need for their business decisions.
In particular, Robson will apply his deep expertise in Artificial Intelligence (AI) to not only integrate AI across the QuestionPro platform, but also leverage it for new ways to drive consumer insights through emerging techniques like synthetic data.
“I’ve known and worked with Chris for close to 20 years,” said Vivek Bhaskaran, founder and CEO of QuestionPro. “In fact, he helped build some of our early features like MaxDiff and others. It’s great to have him on board full time to launch a new division and also ensure our customers benefit from the application of AI across our platform.”
About QuestionPro: Founded in 2006, QuestionPro is a global provider of online survey and research services that help companies make better decisions through data. Our fully integrated online platform includes surveys, research & insights, customer experience (CX) and workforce/employee experience software. We additionally offer polling, journey mapping, employee 360s and data visualization. Our clientele ranges from small businesses to Fortune 100 companies, who rely on us for insights about customers, employees, and the marketplace. With offices in the US, Canada, Mexico, U.K., Germany, Japan, Australia, the United Arab Emirates and India, we offer customers 24-7 access to highly trained support specialists and engineers. More information is available at www.questionpro.com.
Mariam Shahin has been making films about Gaza for more than 30 years.
She has also made many documentaries and short films for Al Jazeera English since it launched in 2006.
When she moved to Gaza in 2005, she felt a powerful sense of optimism following the Israeli withdrawal.
Mariam Shahin . . . revisiting the Gaza people and lives the film maker has met over the years. Image: MS
But by 2009, war had badly damaged its infrastructure, neighbourhoods, businesses and communities — and that optimism had evaporated.
Now, in the wake of the even more destructive war that began on 7 October 2023, Shahin seeks out the people she has met in Gaza over the years.
She reflects on the wasted potential and devastated lives after 16 years of blockade and a year of one of the most destructive wars in Middle East history.
Echoes of a Lost Gaza: 2005-2024. Video: Al Jazeera
Source: People’s Republic of China – State Council News
BEIJING, Oct. 28 — The second China International Supply Chain Expo will be held in Beijing from Nov. 26 to 30, and will focus on promoting international cooperation in industrial and supply chains, a Chinese trade official said on Monday.
As the world’s first national-level exhibition focusing on supply chains, the expo aims to connect upstream, midstream and downstream sectors, bring together enterprises of various sizes, and help companies better integrate into global industrial and supply chains, said Zhang Shaogang, deputy director of the China Council for the Promotion of International Trade, at a press conference.
This year’s expo will feature more than 600 domestic and foreign exhibitors. Overseas exhibitors will constitute 32 percent of participants at the 2024 expo, up from 26 percent at the first expo held last year, Zhang said.
U.S. companies will contribute the largest share of overseas participation at the expo this year, while the number of participants from Europe and Japan will also significantly surpass that of the first expo, Zhang added.
This shows foreign investors remain optimistic concerning the outlook of the Chinese market and that China is still considered their top supply chain partner for global resource allocation, said Zhang.
Similar to last year, the expo will have areas dedicated to supply chains for clean energy, smart vehicles, digital technology, healthy living, green agriculture and supply chain services.
In addition, this year’s expo has introduced a new exhibition area dedicated to advanced manufacturing chains — showcasing the latest achievements in the integration of technological and industrial innovation.
Unlike many expos, the supply chain expo is not about showcasing products. It is, instead, about presenting chains, ecosystems and scenarios, Zhang added.
Rather than focusing on short-term transactions, it emphasizes long-term cooperation and common development among upstream, midstream and downstream enterprises, Zhang explained. Exhibitors attend not to compete for clients, but to join hands and seek partnership.
Hungary is the guest country of honor at this year’s expo. The Hungary Pavilion will showcase Hungary’s leading industries, unique resources, cultural heritage, beautiful landscapes and national brand image.
CAMARILLO, CA, Oct. 28, 2024 (GLOBE NEWSWIRE) —NEWTON GOLF Company (Nasdaq: SPGC) (“NEWTON GOLF” or the “Company”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, reports preliminary financial results for the third quarter of 2024 (three months ended September 30, 2024) ahead of its quarterly filing.
Financial Highlights for Third Quarter 2024
Revenue of $1,150,000 – $1,250,000 in 3Q24, an increase of 1,163% at the midpoint of the range over $95,000 in 3Q23 and a sequential increase of 48% at the midpoint of the range over $813,000 in 2Q24.
Gross margin of 63-67% in 3Q24 was driven by increased volume in manufacturing and compares to 41% in 3Q23.
Announced a complete rebranding of the Company.
Launched the new Gravity Premium putter line with the introduction of five models.
Expanded the Company’s global presence with the launch of the Newton Motion shafts in Japan in 50 of its largest golf retail locations.
Closed on $732,000 of underwritten public offering of shares of common stock.
Increased the number of professionals using the Newton Motion Shafts on the PGA TOUR Champions to 34, generating greater exposure.
Executed successful digital campaigns.
Introduced the new advanced performance shafts for higher swing speeds.
NEWTON GOLF Company Executive Chairman Greg Campbell commented, “Our third quarter was marked by continued momentum in the sales of our Newton Motion replacement driver shafts and the first full quarter of revenue from our fairway woods replacement shafts. The continued traction we are seeing from professional golfers, highlighted by 34 Champions TOUR players now using the Newton Motion shafts, gives us confidence that our technology-forward approach to design is the proper cornerstone of our product development strategy. Additionally, a recent launch of our putter line that now carries the NEWTON GOLF Gravity brand can potentially add to our growth trajectory.”
This press release contains preliminary estimated financial results for the quarter ended September 30, 2024, and may change as a result of management’s continued review. The preliminary financial information included in this press release reflects the Company’s current estimates based on information available as of the date of this press release and has been prepared by Company management. This preliminary financial and operational information should not be viewed as a substitute for full financial statements and is not necessarily indicative of the results to be achieved for any future periods. This preliminary financial and operational information could be impacted by the effects of financial closing procedures, final adjustments, and other developments.
About NEWTON GOLF: A Sacks Parente Company
NEWTON GOLF: A Sacks Parente Company, is a technology-forward golf company that help golfers elevate their game. With a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, the Company’s innovative accomplishments include: the First Vernier Acuity putter, patented Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design, and pioneering ultra-light carbon fiber putter shafts.
In consideration of its growth opportunities in golf shaft technologies, the Company expanded its manufacturing business in April of 2022 to develop the advanced Newton brand of premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. It is the Company’s intent to manufacture and assemble substantially all products in the United States, while also expanding into golf apparel and other golf-related product lines to enhance its growth.
The Company’s future expansions may include broadening its offerings through mergers, acquisitions or internal developments of product lines that are complementary to its premium brand. The Company currently sells its products through resellers, the Company’s websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea.
For more information, please visit the Company’s website at www.newtongolfco.com or on social media at @newtongolfco.com, @newtonshafts, or @gravityputters.
Source: Hong Kong Government special administrative region
​To welcome the two giant pandas gifted by the Central Government to the Hong Kong family, the Culture, Sports and Tourism Bureau (CSTB) announced the launch of the Giant Panda Naming Competition and Giant Panda Painting Competition on October 2. The submission period of the naming competition concluded yesterday (October 27). Over 22 600 submissions were received by the Ocean Park Corporation (Ocean Park), the co-organiser.
A spokesperson for the CSTB said the overwhelming response received for the naming competition shows the public’s love for the giant pandas.
Submission period for the painting competition will conclude next Friday (November 8). The spokesperson encourages the public to continue to support and participate in the painting competition by capturing the adorable traits of the giant pandas through artwork. Details of the competition, including the terms and conditions, means for submission of entries, judging criteria and prizes, can be found at the Ocean Park’s dedicated website at https://www.oceanpark.com.hk/en/park-experience/giant-panda-campaign-2024/painting-competition-2024.
Results of the two competitions will be announced by the end of this year and winners will be notified individually by correspondence.
The two giant pandas have completed their one-month quarantine in the Ocean Park and are adopting to their new habitat. The CSTB will maintain close communication with experts from the Agriculture, Fisheries and Conservation Department and the Ocean Park, and, subject to the health and adaptation conditions of the giant pandas, arrange for them to meet the public by the end of this year.
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the AI & Technology Virtual Investor Conference to be held October 31st.
Individual investors, institutional investors, advisors, and analysts are invited to attend.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.
“We’re looking forward to hosting the upcoming AI & Technology Virtual Investor Conference,” said Jason Paltrowitz, Executive Vice President at OTC Markets Group. “A group of innovative companies and executives will have the opportunity to elaborate on their business strategies and connect directly with an expanded investor base.”
October 31st
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
RONKONKOMA, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) — SUNation, the New York-based subsidiary of Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy, backup power solutions, and system servicing, today announced a strategic partnership with Houston, Texas-based Radial Power, a key player within distributed energy and a provider of sustainability solutions for commercial and industrial real estate asset owners.
This strategic partnership will harness the combined expertise of both companies to deliver innovative renewable energy solutions. It also marks a significant step in SUNation’s expansion beyond its traditional New York footprint, positioning the company for broader geographic growth.
“The commercial and industrial space is booming, largely driven by the opportunities created by the Investment Recovery Act. Our partnership with SUNation enables us to scale quickly and efficiently,” said John Bates, CEO of Radial Power. “As SUNation has successfully completed many projects and with our internal pipeline in the hundreds of megawatts, we fully expect SUNation to grow alongside us as we execute on these projects.”
About Pineapple Energy Pineapple is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services.
Forward Looking Statements This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances, including the Company’s expectations regarding its ability to effect the reverse stock split and regain compliance with Nasdaq’s continued listing standards. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.
Safe Harbor Statement Our prospects here at Pineapple Energy Inc. are subject to uncertainties and risks. This news release (video statement) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.
Contacts:
Scott Maskin Interim Chief Executive Officer +1 (631) 823-7131 scott.maskin@pineappleenergy.com
cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%
Copenhagen, November 28, 2024
cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”.
The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts.
cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number of international pilot projects that set the stage for significant “Stepping Stones” achievements.
In early 2024, cBrain anticipated some of these opportunities, particularly in Germany and the U.S., to yield significant revenue in the second half of the year. cBrain remains highly active in these pursuits and has added further opportunities during the year.
However, not unusually with larger government procurement, delays in decision making mean that cBrain estimates less than a 50% likelihood of substantial revenue from larger international projects materializing in Q4. Consequently, cBrain adjusts its 2024 revenue growth forecast to 10-15%, down from the initial estimate of 20-25%.
In alignment with business planning, cBrain has earmarked financial investments to support “Stepping Stones” projects in Germany and the U.S. Since these projects have not yet materialized, these reserved funds have not been deployed. This provides a positive impact on earnings. cBrain, therefore, maintains its EBT (Earnings Before Tax) guidance at 24-30%.
—
Larger international projects are often structured so that F2 standard software licenses form the majority of the contract value. Due to financial standards for software revenue recognition, larger international orders may, as a result, introduce greater variability in revenue patterns over time.
As cBrain is currently pursuing global opportunities across the USA, Europe, Africa, the UAE, and India, some of these opportunities may still materialize during the fourth quarter, with a positive affect on this year’s revenue.
Best regards
Per Tejs Knudsen, CEO
Inquiries regarding this Company Announcement may be directed to
Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973
Source: The Conversation – USA – By Robin Queen, Professor of Linguistics, English Language and Literatures and Germanic Languages and Literatures, University of Michigan
Growing up in the late 1970s, my best friend was from Michigan. Early in our friendship I asked her what someone from Michigan is called. “Michigander,” she replied. I laughed and said, “You mean like a goose?” Her older sister then chimed in that it was being changed to Michiganian. Michigander is sexist, she said, since gander refers only to a male goose.
I spent the next two decades never questioning, or particularly thinking about, Michiganian.
Then, I moved to Michigan. In over 20 years living here, I’ve never heard anyone say Michiganian. People from Michigan call themselves Michiganders.
Even though it may seem rather trivial, there is endless interest in the Michigander-Michiganian question. News articles about this topic pop up fairly regularly, inevitably stating that:
Govs. James Blanchard, John Engler and Jennifer Granholm used “Michiganian,” while Govs. Rick Snyder and Gretchen Whitmer prefer “Michigander.”
The debate about which term is correct is ongoing.
For the most part, though, the debate seems long over. Many Michiganders haven’t heard of Michiganian, as a recent text thread with my 19-year-old neighbor illustrates:
Regardless of whether there is – or ever really has been – a debate, the pas de deux between Michigander and Michiganian has an unusual history and peculiar twists and turns.
As a linguist who works on issues related to authority in language and linguistic justice, I like to investigate how terms come to be understood as correct, and on whose authority those determinations are made.
In the case of Michiganian and Michigander, Michiganian appears in style guides, and Michigander is the term most frequently used by people from Michigan.
Despite not having coined the term, however, Lincoln did likely play a part in its popularization by using it to malign Cass.
Google’s NGram, which tracks how often terms appear in a large collection of print sources, shows Michigander has been used more frequently in print than Michiganian since around 1845.
Michigander has outperformed Michiganian in print for over 175 years. Google NGram
No specific law designates the use of one term or the other, but the terms do appear in two Michigan laws.
The second is tied to the Historical Markers Act. The original act, established in 1955, used the term Michigander, but an amendment to it in 2002 changed the term to Michiganian. In 2017, the act was updated and the moniker was changed back to Michigander.
Interestingly, the federal government, in the form of the U.S. Government Publishing Office’s Style Manual, specifies Michiganian as the correct term. This represents a change from Michiganite, which was the term specified in the Style Manual from 1945 to 2000, likely as a match to terms such as Wisconsinite.
It’s difficult to know the origins of Michigander prior to 1848, but Lincoln did likely coin the term Michigander as a blend of Michigan and gander, leading to the possibility for goose jokes and humor. While other states have unusual monikers – such as Hoosiers for Indiana – none involves an animal pun like gander.
The humorous aspect of Michigander is what likely keeps the articles, Reddit threads and friendly banter going.
In 1947, the American journalist and essayist H.L. Mencken wrote, “The chief objection to Michigander is that it inspires idiots to call a Michigan woman a Michigoose and a child a Michigosling, but the people of the State have got used to this …”
Funny or sexist?
Gander humor reigns when it comes to Michigander. But perhaps more importantly, Michigander provides a greater sense of belonging and identity than Michiganian, despite the fact that there are those who find Michiganian has more finesse.
Given that gander designates a male goose, Michigander does raise questions about sexism.
The rise in the use of Michiganian along with the fall of Michigander from the late 1970s to the early 2000s occurred alongside broader recognition of sexism in different realms of social life. It corresponds with a variety of changes to the terms people had been using, such as chairman, waitress and fireman. In 2024, it is unremarkable to refer instead to a chair or chairperson, a server, or a firefighter.
So, why hang on to Michigander?
Given that Whitmer is a proud and consistent user of Michigander, the most likely answer is that people from Michigan don’t feel the term is exclusionary. As a colleague of mine, a Michigan-raised feminist activist in her 60s, told me, “Do we not have real issues of sexism in the vernacular? I never heard anyone use any other term growing up.”
Michigan Gov. Gretchen Whitmer has no qualms with Michigander. GIPHY News
Over the past several days, I’ve asked over two dozen people who were born and raised in Michigan what they call someone from Michigan. To a person, they have said Michigander. They range in age from 19-89, have different gender identities and racial affiliations, and have a wide range of professions and political orientations.
Only one had ever heard anyone referred to as a Michiganian, while a third had never heard the term Michiganian at all.
Ultimately the debate rests on whether it’s the people from Michigan or some other entity, such as the Government Publishing Office, that decides which term should be used. If we grant the people of Michigan the right to name themselves, the verdict is clear.
Robin Queen does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Project to provide robust data on vision and hearing loss starts in Cambridgeshire
For the first time, robust data on the sensory health of the nation will be collected thanks to a study beginning this month in Cambridgeshire and Peterborough.
The UK does not have an accurate set of data on vision and hearing loss, resulting in a lack of evidence to inform health policies and programmes, and is falling behind nations such as Trinidad and Tobago, Australia, USA, Nepal and Bangladesh that all have national sensory loss studies. It is estimated that 50% of all sight loss is avoidable.
The UK National Eye Health and Hearing Study (UKNEHS) is a collaboration between sensory loss charities, Anglia Ruskin University (ARU), leading eye and hearing care professionals and the public sector to record accurate data on vision and hearing health to give confidence to the NHS and policymakers when making vital decisions that affect people’s health.
This NHS research study has received charitable and National Institute for Health and Care Research (NIHR) support funding to operate an initial study in Cambridgeshire and Peterborough that will see UKNEHS medical professionals visit households in randomly selected postcodes from late October this year until February 2025. The visits are first to introduce the study and then to invite those aged 50 years and older for a free local specialist eye and hearing assessment.
The area has been chosen for its diverse population, rural and urban areas, and wide range of socio-economic factors.
It is hoped that this initial study will lead to further funding for a UK-wide study that will, for the first time, give an accurate picture of the nation’s sensory health.
Rupert Bourne, Professor of Ophthalmology at Anglia Ruskin University and Chief Investigator for the UKNEHS, said:
“Hearing impairment costs the UK an estimated £30 billion each year and visual impairment, including sight loss and blindness, £28 billion.
“Despite these huge costs, the datasets currently used in the UK are of limited value, due to a reliance on international data, or UK data samples that are either very small scale, or not generalisable to the population as a whole. There is subsequently no robust evidence-base upon which to design a prevention strategy or plan services for the future that meet the population’s needs”.
“Our study aims to enable healthcare professionals and policy makers to understand why people are losing their sight and hearing due to preventable causes so they can target the right preventions, treatment, and public health services, providing support to people who really need it.”
Phase one of the study has seen UKNEHS teams visit care homes in the area to survey the sensory health of residents. On one of these visits, Mayor of Cambridgeshire and Peterborough Dr Nik Johnson observed teams carrying out their work.
Dr Johnson said:
“Having already seen what’s happened at local nursing homes in terms of the screening, it’s fantastic news that out and about in the near future there will be teams visiting different areas of the county, and local people in the community will have the opportunity to get involved in this study.
“I’d really encourage people to take part and have their hearing and eyes checked.”
Phase two of the study will involve the UKNEHS teams visiting 750 randomly chosen households in Cambridgeshire and Peterborough. Those who receive an invitation are encouraged to take part in this important national project whatever their vision or hearing status, including those who may be regularly seen by eye or hearing services. It is estimated that 1 out of every 5 people aged 50 plus have impaired eyesight or an eye disease that goes undetected.
The UKNEHS has been developed by Anglia Ruskin University’s Vision and Eye Research Institute in cooperation with the College of Optometrists, the Thomas Pocklington Trust and a number of other partner organisations across the eye health and hearing sector.
Secretary for Labour & Welfare Chris Sun today visited a construction site to call on contractors, employers and workers to pay attention to safety and health at work in confined spaces.
The revised Code of Practice for Safety & Health at Work in Confined Spaces (CoP) published by the Labour Department earlier will take effect on November 30.
Mr Sun said the Government has been encouraging the industry to provide a safer working environment, including wider adoption of the Smart Site Safety System in the construction industry.
“Advanced technology and equipment will be applied to transmit video recordings taken at the entrance and exit of confined space worksites as well as continuous air-monitoring results inside the confined spaces through a central management platform, enabling the management to perform real-time safety monitoring and maintain proper records.
“The system also helps to initiate evacuation and rescue procedures promptly in case of emergency to further improve occupational safety and health (OSH) in confined space work.”
The department pointed out that the revised CoP provides proprietors, contractors, competent persons and certified workers engaged in confined spaces work with practical guidance and technical information.
The CoP also imposes stricter requirements on proprietors and/or contractors to adopt technology to record videos at the entrance and exit of the confined space throughout the entire work period to monitor relevant personnel’s compliance with the safety precautions.
The department will continue to conduct surprise inspections from time to time of workplaces carrying out confined space work, and check relevant work processes and equipment to ensure that workers’ OSH is safeguarded.
If any violations of the OSH legislation are detected, stringent enforcement actions will be taken immediately without prior warning.
The labour chief called on proprietors and contractors of confined space work to observe the revised CoP’s provisions, take adequate safety measures and strengthen supervision to prevent accidents.
Workers also must raise their safety awareness and remain vigilant at all times, Mr Sun said, reiterating that the Government has long adopted the combination of legislation and enforcement, education and training, and publicity and promotion in striving to ensure workplace safety.
He stressed that employers and employees also have the shared responsibility to help ensure OSH.
cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%
Copenhagen, November 28, 2024
cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”.
The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts.
cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number of international pilot projects that set the stage for significant “Stepping Stones” achievements.
In early 2024, cBrain anticipated some of these opportunities, particularly in Germany and the U.S., to yield significant revenue in the second half of the year. cBrain remains highly active in these pursuits and has added further opportunities during the year.
However, not unusually with larger government procurement, delays in decision making mean that cBrain estimates less than a 50% likelihood of substantial revenue from larger international projects materializing in Q4. Consequently, cBrain adjusts its 2024 revenue growth forecast to 10-15%, down from the initial estimate of 20-25%.
In alignment with business planning, cBrain has earmarked financial investments to support “Stepping Stones” projects in Germany and the U.S. Since these projects have not yet materialized, these reserved funds have not been deployed. This provides a positive impact on earnings. cBrain, therefore, maintains its EBT (Earnings Before Tax) guidance at 24-30%.
—
Larger international projects are often structured so that F2 standard software licenses form the majority of the contract value. Due to financial standards for software revenue recognition, larger international orders may, as a result, introduce greater variability in revenue patterns over time.
As cBrain is currently pursuing global opportunities across the USA, Europe, Africa, the UAE, and India, some of these opportunities may still materialize during the fourth quarter, with a positive affect on this year’s revenue.
Best regards
Per Tejs Knudsen, CEO
Inquiries regarding this Company Announcement may be directed to
Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973
RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest energy storage facility, the Bottleneck project. This 80MW/320MWh Battery Energy Storage System (BESS), located in the Central Valley of California, will provide energy, capacity, and ancillary services to San Diego Gas & Electric (SDG&E) under a 15-year Power Purchase Agreement (also known as a Tolling Agreement) signed in 2022.
The Bottleneck project is expected to be eligible for a 40% Investment Tax Credit, which the Company plans to monetize by the end of the year. The project represents Ormat’s continued commitment to strategically growing its Energy Storage segment in the key California energy market.
Doron Blachar, CEO of Ormat Technologies, stated, “We are happy to announce the commencement of operations at Ormat’s Bottleneck Battery Storage Facility. This milestone reflects our dedication to expanding our energy storage portfolio in strategic U.S. markets while improving our profitability. With the addition of Bottleneck, we now operate 270MW/638MWh of storage projects and we have six additional projects currently under construction with a total capacity of 355MW/920MWh, demonstrating our strong development capabilities and commitment to achieving our 950MW-1050MW/2.5GWh-2.9GWh 2028 portfolio capacity target.”
Blachar continued, “The addition of the Bottleneck project, supported by a 15-year PPA, brings long-term contracted revenues with improved margins to our Storage segment. We look forward to continuing to support the state of California with our premium renewable power generation and energy storage solutions as the state continues to advance towards its clean energy goals.”
ABOUT ORMAT TECHNOLOGIES
With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,500MW with a 1,230MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 270MW energy storage portfolio that is located in the U.S.
ORMAT’S SAFE HARBOR STATEMENT
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 23, 2024, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.
These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Ormat Technologies Contact: Smadar Lavi VP Head of IR and ESG Planning & Reporting 775-356-9029 (ext. 65726) slavi@ormat.com
Investor Relations Agency Contact: Alec Steinberg or Joseph Caminiti Alpha IR Group 312-445-2870 ORA@alpha-ir.com
As streaming expands consumer options and access to premium content, Samsung TV Plus, Samsung’s free ad-supported TV (FAST) and on-demand (AVOD) service, has seen remarkable growth. Now with 88 million monthly active users and an over 50% increase in global viewership YoY, Samsung TV Plus’ audience scale and engagement make it the #1 app in the U.S. on the #1 TV brand.
The service’s rapid expansion has been fueled by its core U.S. user base of Gen Zers, Millennials, and Gen Xers, who over-index in the key advertising 18-49 demographic. Samsung TV Plus continues to strengthen its global presence with recent launches in Singapore and the Philippines, and is soon to launch in Thailand, expanding its availability to 30 territories worldwide.
As viewers grow wary of rising subscription prices and continue to pour into free alternatives, major publishers and content owners have embraced the opportunities in FAST and AVOD. Samsung TV Plus has become a key pillar in the distribution strategies of many of the world’s most established media companies, sports leagues, independent studios, and creators.
With a wealth of free premium content, Samsung TV Plus has carved out a unique offering across a wide array of genres with more than 3,000 channels and tens of thousands of on-demand options that keep audiences coming back. The service’s viewership growth is propelled by increased consumption across both linear and AVOD, with on-demand viewing surging more than 400% YoY globally, and making it an even more powerful engine for audience engagement.
“The success of Samsung TV Plus reflects our commitment to delivering a superior user experience with high-quality content that resonates with consumers. When we embarked on this ambitious journey, our vision was to offer a premium streaming alternative that was both simple to use and free. The strategic bets we made nearly a decade ago have established a strong foundation for a service now enjoyed by 88 million streamers each month, and the path ahead is bright and promises continued growth well into the future,” said Salek Brodsky, Senior Vice President & General Manager at Samsung TV Plus.
For advertisers, Samsung TV Plus brings together curated fan-favorite content with the sophisticated audience targeting and full-funnel performance marketing and measurement capabilities of digital. In addition to over-indexing in the 18-49 demographic, Samsung TV Plus also over-indexes on primetime and late-night viewing in the U.S. Samsung Ads offers several innovative ad solutions on Samsung TV Plus, ranging from Contextual Audience Collectives around top-performing content genres to interactive shoppable ad and gaming experiences designed to drive outcomes.
“As the ad-supported streaming ecosystem continues to surge in popularity, Samsung TV Plus has emerged as a clear favorite among viewers across key demographics, with advertisers in prime verticals already leveraging its immense opportunity,” said Michael Scott, Vice President, Head of Ad Sales & Operations, Samsung Ads. “With today’s announcement, it’s evident that our viewers continue to be super leaned in and engaged, choosing to return time and time again. For advertisers looking to drive outcomes and prove results, Samsung TV Plus brings together the best of TV and streaming to offer an effective and measurable performance-driven solution.”
Source: The Conversation – USA – By Yasemin Copur-Gencturk, Associate Professor of Education, University of Southern California
Teachers hold different views on why girls are good at math than they do for boys. Maskot via Getty Images
Teachers report thinking that if girls do better in math than boys, it is probably because of their innate ability and effort. But they also report that when boys do well in math, it is more likely due to parental support and society’s higher expectations for their success.
That’s what we discovered from 400 elementary and middle school math teachers we surveyed across the country for our new study. The purpose of the study was to learn more about how teachers explain students’ success and failure in math.
We found that the variation in views among educators is not limited to the gender of students. Teachers also hold contrasting views about math performance when it comes to students’ race and ethnicity, our study found.
More specifically, we found that when Black and Hispanic students outperform Asian and white students, teachers are more likely to think it’s because of effort and differences in their cognitive abilities. In contrast, when Asian and white students outperform others, teachers attribute it to the support and expectations of others, such as from parents and society as well as cultural differences that value math learning.
To reach these conclusions, we conducted an experiment. In the experiment, teachers were first asked to help us by reviewing student responses to items on a math test we were developing. After they rated the student responses, we randomly assigned teachers to conditions telling them that one group – either boys or girls, Black and Hispanic or Asian and white – performed better on this test. Then, we asked the teachers to rate their agreement with a set of potential explanations for the disparity. These potential explanations included statements such as, “Boys often pay more attention and follow directions in class compared with girls.”
After teachers had rated their agreement with these explanations, we asked them about their personal beliefs and experiences with gender and racial discrimination in math classrooms. We analyzed how these beliefs related to their explanations of performance differences.
We found that teachers were more likely to attribute the success of girls and Black and Hispanic students to internal factors, such as ability and effort, whereas they were more likely to attribute boys’ and Asian and white students’ success to external factors, such as parental involvement and cultural differences.
We also observed that teachers who reported personally experiencing racial discrimination in math classrooms when they were students were more likely to agree that ability was responsible for Black and Hispanic students’ higher performance.
Why it matters
How teachers explain student performance can affect their expectations of students. It can also affect how they teach and how they emotionally respond to student needs.
For example, research has shown that when teachers attribute students’ failure to a lack of effort, they tend to maintain higher expectations of students and encourage them to expend more effort next time. When they attribute student failure to a lack of ability, however, evidence shows that teachers are more likely to lower their expectations and express more pity. Lowered expectations and feelings of pity can be internalized by students. This can in turn lead them to assume that they have low ability and expect to fail more often in the future.
Findings from our study show that teachers tend to explain students’ failures and successes differently based on which social group performed better than another. Sometimes, these attributions were consistent with stereotypes, such as attributing the higher performance of white and Asian students to their parents and culture.
What still isn’t known
Our research, along with that of others, shows that implicit biases exist in math classrooms. These biases influence how teachers view students’ abilities and explain their performance. However, most existing anti-bias training interventions are not very effective.
Researchers need to develop new types of training to combat these biases in math classrooms, which could help improve teaching and reduce cognitive and emotional burdens that students experience.
Yasemin Copur-Gencturk receives funding from the NSF, IES, and Herman & Raseij Math Initiative.
Ian Thacker receives funding from the Spencer Foundation and the U.S. Department of Agriculture, National Institute of Food and Agriculture.
Joseph Cimpian receives funding from the Institute of Education Sciences, the National Science Foundation, and the Spencer Foundation.
Did you know: The Sgt Stout is a mobile air-defense platform based on the Stryker A1, and was named for Sgt. Mitchell W. Stout, who served with C Battery, 1st Battalion, 44th Air Defense Artillery in Vietnam when his searchlight crew position came under heavy enemy mortar fire and ground attack.
As the mortar attack subsided, a hand grenade landed in their bunker. Displaying great courage, Stout grabbed the grenade and ran to the door, but it exploded before he made it out. By holding the grenade close to his body and shielding its blast, he protected his fellow Soldiers in the bunker from further injury or death.
About the U.S. Army:
The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.
Interested in joining the U.S. Army?
Visit: spr.ly/6001igl5L
Connect with the U.S. Army online:
Web: https://www.army.mil
Facebook: https://www.facebook.com/USarmy/
X: https://www.twitter.com/USArmy
Instagram: https://www.instagram.com/usarmy/
LinkedIn: https://www.linkedin.com/company/us-army
#USArmy #Soldiers #Military #SgtStout
“Mobile’s maiden deployment to 7th fleet was incredibly successful, and we are extremely proud of the accomplishments of both crews,” said Capt. Douglas Meagher, commodore, Littoral Combat Ship Squadron One. “Mobile operated alongside other U.S. Navy assets as well as international allies and partners to not only strengthen our relationships but to demonstrate the tactical capabilities and strategic value of littoral combat ships.”
Mobile participated in freedom of navigation operations in the South China Sea, maritime domain awareness and patrol alongside the Philippine Navy, Cooperation Afloat Readiness and Training (CARAT) Thailand 2023, Malaysia’s Langkawi International Maritime Aerospace Exhibition 2023 (LIMA 2023), and Noble Dingo with the Royal Australian Navy. Mobile also participated in trilateral exercises alongside the French Navy and Royal Australian Navy, multinational maritime cooperative activity exercises with Philippine Navy, Royal Australian Navy and Japan Maritime Self-Defense Force, and bilateral operations with the Royal Netherlands Navy and Italian Navy.
“I am particularly proud of the resiliency and self-sufficiency that our Sailors demonstrated throughout the deployment,” said Cmdr. David Gardner, commanding officer of Mobile Gold crew. “Mobile operated for extensive periods of time outside of the normal U.S. Navy logistics umbrella, which necessitated deliberate planning and at times time-critical actions to ensure that Mobile was fully mission-ready despite the prolonged operations and distance from shore-based support. The man-hours and money saved through Mobile’s self-sufficiency and can-do attitude was a key to our success.”
Mobile was showcased at the International Maritime Defense Exhibition (IMDEX) Asia 2023 at Changi Naval Base in Singapore. The exhibition included displays and tours of 22 warships from 13 countries.
Mobile participated in CARAT Thailand 2023, a bilateral exercise between Thailand and the United States designed to promote regional security cooperation, maintain and strengthen maritime partnerships, and enhance maritime interoperability. Mobile was an active participant in LIMA 2023, which included industry stakeholders, government, and military officials from more than a dozen countries dedicated to the maritime and aerospace sectors for defense, civil, and commercial applications. Apart from exhibits, forums and conferences, LIMA 23 also organized various activities such as cultural exchanges, flight simulators, technology talks, and career fairs for participants. Mobile conducted bilateral operations with the Royal Netherlands Navy in the South China Sea to improve allied interoperability and conduct complex scenarios to improve combined readiness. The operation was followed by a separate bilateral operation with the Italian Navy that was also held in the South China Sea.
“These Sailors are returning home to their families with significant operational experience. Given the nature of our minimally manned crew each of these Sailors has amassed hundreds of hours of experience in specialized evolutions, both in real-world events and through training while deployed,” said Gardner. “The result is Mobile Sailors are highly qualified within rate and rapidly advancing in their careers. Mobile flies both the Enlisted Surface Warfare Specialist and Surface Warfare Officer pennants as a visual indication of our highly warfare-qualified team.”
Mobile is homeported in San Diego as a part of Littoral Combat Ship Squadron One. Littoral combat ships are fast, optimally-manned, mission-tailored surface combatants that operate in near-shore and open-ocean environments, winning against 21st-century threats. LCS integrate with joint, combined, manned and unmanned teams to support forward-presence, maritime security, sea control, and deterrence missions around the globe. For more news from Commander, Littoral Combat Ship Squadron One, visit https://www.surfpac.navy.mil/comlcsron1/ or follow on Facebook at https://www.facebook.com/COMLCSRONONE/.
Did you know there is a bank in Italy that accepts wheels of Parmigiano Reggiano as collateral on loans? If, like me, you are now contemplating leaving your current career and getting a job as a bank teller for Credito Emiliano (commonly referred to in the region as Credem), read on.
Most of the time, when we think of collateral, we think of something like the mortgage on a house. If a homeowner is unable to make payments on the house, the bank that holds the mortgage may seize the collateral (the house) and sell it to satisfy the debt (we call this liquidating the assets). So, how does this work with big wheels of cheese?
First, it is important to note that Parmigiano Reggiano is no ordinary cheese. True Parmigiano Reggiano can only be produced in one of five provinces within Italy: Parma, Reggio-Emilia, Modena, Bologna, or Mantova. While the ingredients that go into a wheel of Parmigiano are simple – just cow’s milk, salt, and calf rennet (a natural enzyme from cow intestines that helps form curds) – the strict process, which has remained largely unchanged for eight centuries, takes time. After the cheese has aged for 12 months, the Consorzio del Formaggio Parmigiano Reggiano (the Parmigiano Reggiano Consortium), which is the governing body that regulates standards for Parmigiano Reggiano, inspects each wheel. As an aside: each wheel of Parmigiano is the same size to ensure consistent texture – and each wheel weighs over 80 pounds! If a wheel passes the 12-month test, it receives a literal stamp of approval and the protected designation of origin label (PDO or DOP in Italian). The Parmigiano Reggiano Consortium helpfully provides links to legislation and guidelines surrounding Parmigiano in English on its website, here.
So now, back to Credem, the bank that accepts wheels of Parmigiano Reggiano as collateral on small-business loans it makes to dairy farmers in the Emilia Romagna region. Wheels of Parmigiano can go for anywhere between $900 and $2500. Parmigiano only gets more valuable as it ages. But often, farmers will sell off less mature wheels to have more immediate access to money, even though this turns into a loss of revenue in the long term. In 1953, Credem saw an opportunity to help local farmers maximize their profits by offering loans of up to 70 or 80% on wheels of Parmigiano. That way, the farmers could get the cash they needed up-front and the bank could ensure the wheels of cheese would have time to age and reach their highest value. Credem takes its role seriously, storing the wheels of cheese it accepts as collateral in climate-controlled vaults that are inspected by Parmigiano Reggiano experts for the duration of the loan.
By the way, this is not the only instance of unusual loan collateral. Before Prohibition, banks in the United States accepted whiskey as collateral. In 2013, it was reported that a bank in Hong Kong accepted designer bags as loan collateral. Perhaps my favorite example of strange collateral is a bank in Spain that sought a loan from the European Central Bank and wanted to offer Cristiano Ronaldo and Kaká as collateral.
Subscribeto In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.
KIRKLAND, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) — Alliance Memory will showcase its expanded product portfolio at electronica 2024 from November 12 to 15 in Hall B5, Stand 300 at the Trade Fair Centre Messe München in Munich, Germany. The company will highlight its new DDR4 and LPDDR4X SDRAMs, as well as high-density Serial NOR Flash devices, providing higher density, low power consumption, and fast data transfer rates for a wide range of applications.
“We’re excited to introduce our latest memory solutions that cater to growing market demands,” said David Bagby, President and CEO of Alliance Memory. “Our new DDR4 SDRAMs, LPDDR4X devices, and Serial NOR Flash products offer the performance, reliability, and flexibility our customers require in today’s evolving technology landscape.”
FEATURED PRODUCTS
DDR4 SDRAMs: Alliance Memory has expanded its CMOS DDR4 SDRAM offerings with new 8Gb, 16Gb, and 32Gb devices. These products combine low power consumption with fast clock speeds of up to 1600 MHz and transfer rates up to 3200 MT/s. They are available in 78-ball FBGA and 96-ball FBGA packages, offering enhanced performance for a variety of applications.
LPDDR4X SDRAM: The company’s 16Gb and 32Gb LPDDR4X devices deliver increased clock speeds of up to 2133 MHz and data rates of up to 4266 Mbps, designed for mobile and high-speed applications. Available in the 200-ball FBGA package, the LPDDR4X SDRAMs feature low power ratings, ideal for battery-operated systems.
High-Density Serial NOR Flash Devices: Alliance Memory has introduced new 3.3 V Serial NOR Flash families with densities of 128Mb, 256Mb, and 512Mb. These devices are suited for use in mobile PCs, servers, laptops, digital TVs, printers, and connectivity modules, offering high performance and flexible I/O options.
To schedule an appointment at electronica 2024 or for more information about the new products, please contact Bob Decker at bob.decker@redpinesgroup.com.
About Alliance Memory
Alliance Memory is a worldwide provider of critical and hard-to-find memory ICs for the communications, computing, consumer electronics, medical, automotive, and industrial markets. The company’s product range includes flash, DRAM, and SRAM memory ICs with commercial, industrial, and automotive operating temperature ranges and densities from 64Kb to 128GB. Privately held, Alliance Memory maintains headquarters in Kirkland, Washington, and regional offices in Europe, Asia, Canada, and South America. More information about Alliance Memory is available online at www.alliancememory.com.
LEXINGTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) — Mimecast, a leading global Human Risk Management (HRM) platform, closed the first half of its fiscal year reaching new revenue heights and citing significant steps toward its vision to transform how organizations manage and mitigate risk. The company started strong with the unveiling of its comprehensive HRM platform; and followed up in the second quarter with two strategic acquisitions, new geographical expansions and a record number of advancements in its technology alliances and partner integrations.
The Mimecast platform secures 27 million end users around the globe across their 42,000+ customers. Customers span more than 100 countries, and on average, each organization uses 4.9 Mimecast services. Mimecast has cemented its standing as an industry-leading security partner trusted by major organizations across the globe.
The value Mimecast delivers for companies was highlighted in the recent Total Economic Impact™ study conducted by Forrester Consulting. Based on Forrester’s interviews and financial analysis, a composite organization experienced benefits of $2.13 million over three years, with $1.53 million in net value and 255% ROI. The news was followed by the announcement that Mimecast was recognized as a strong performer in The Forrester Wave™: Human Risk Management Solutions, Q3 2024 report.
Forging the future of HRM – the next generation of cybersecurity
Early in its fiscal half, Mimecast unveiled its AI-powered, API-enabled Human Risk Management platform. In response to customer and market demand for a more effective way to mitigate risk brought on by employee mistakes and user errors, this new platform provides unprecedented visibility into an organization’s risk profile, scoring users by risk and allowing security teams to educate and protect the riskiest part of their employee base.
A key pillar to the platform is the company’s new human risk awareness training offering, Mimecast Engage™, which is built to redefine how security leaders can manage human risk. Mimecast Engage, the result of the integration of Elevate Security technology acquired in December 2023 with Mimecast’s awareness training product, will soon be available to organizations across the globe.
In an effort to bolster the platform and further protect customers from risks associated with human activity, Mimecast closed two industry-shaping acquisitions in Q2: Code42 and Aware.
“Our momentum over these six months is a testament to our commitment and progress toward charting the future of human risk management,” said Marc van Zadelhoff, Chief Executive Officer of Mimecast, “Our acquisitions and solution enhancements continue to elevate our platform and support our aim of helping businesses of all sizes manage and mitigate human risk. I am also incredibly proud to see the significant progress we’ve made in expanding our tech integrations and channel partners, recognizing the demands of a complex threat landscape and the importance of collaboration on a global level. As the attack surface grows and evolves, so too will Mimecast, remaining one step ahead for our customers.”
Thousands of organizations tapping into Mimecast’s powerful integrations
In Q2, Mimecast further strengthened its partnership with CrowdStrike by integrating Mimecast Advanced Email Security and CrowdStrike Falcon Next-Gen SIEM. Building on the existing integrations of CrowdStrike Falcon® Insight XDR, CrowdStrike Falcon® LogScale and CrowdStrike Falcon® Fusion SOAR, this development provides a robust multifaceted defense strategy for Mimecast customers.
The combination of Mimecast and CrowdStrike Falcon Next-Gen SIEM will empower thousands of organizations to understand a bad actor’s complete attack path, improving their ability to rapidly investigate, detect, and mitigate accurately, and demonstrating the power of combining two leading solutions can effectively tackle the intricate challenges of today’s threat landscape.
Almost one third of Mimecast’s addressable customer base is connected to at least one of Mimecast’s technology alliance partners. In total, Mimecast’s technology integrates into over 300 security products.
Mimecast expands channel partnerships into Mexico
Following successful expansions in France, Singapore, Hong Kong and Malaysia, Mimecast furthered their geographic reach in Q2 by making its industry-leading AI-powered email security solutions available Mexico-wide, including the new Human Risk Management platform.
With an expanded product portfolio, new revenue opportunities and enhanced credibility, Mimecast’s channel partners can now offer end-to-end protection for their clients in more regions around the world.
Additional expansion on the horizon includes the launch of the Partner ONE MSP Program. Building mutually beneficial partnerships with organizations, this new program extends Mimecast’s market presence to new audiences and provides partners with a range of resources, including enhanced training, ongoing support and market resources.
Innovation underpinned by research
Mimecast continues to conduct leading research into the state of the cybersecurity environment, offering critical insights and guidance on how businesses can prepare for the future.
In August 2024, Mimecast published its most recent Threat Intelligence report. Based on an analysis of more than 1.7 billion messages daily over a six-month period, the report offers unparalleled insight into the current threat landscape as well as new and emerging attack methods and vulnerabilities.
About Mimecast Mimecast is a leading AI-powered, API-enabled connected Human Risk Management platform, purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform is engineered to enhance visibility. It provides strategic insight that enables decisive action and empowers businesses to protect their collaborative environments, safeguard their critical data and actively engage employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape. From insider risk to external threats, with Mimecast customers get more. More visibility. More insight. More agility. More security.
Mimecast and the Mimecast logo are either registered trademarks or trademarks of Mimecast Services Limited in the United States and/or other countries. All other third-party trademarks and logos contained in this press release are the property of their respective owners.
Press Contacts Tim Hamilton Principal Public Relations Manager +1 603-918-6757 thamilton@mimecast.com
VICTORIA, Seychelles, Oct. 28, 2024 (GLOBE NEWSWIRE) — Bitget, a leading global cryptocurrency exchange and Web3 company, has released its Q3 2024 Transparency Report, showcasing significant advancements in user growth, token offerings, and strategic initiatives. With a strong focus on enhancing financial accessibility and advancing blockchain technology, Bitget has reinforced its position as one of the top global players in the crypto industry.
Key Q3 2024 Highlights:
Surpassing 45 Million Users and Strengthening Market Position In Q3 2024, Bitget achieved a milestone by surpassing 45 million registered users globally, placing it as the 4th largest crypto exchange by trading volume. The platform’s user base growth, up by 400% since last year, was fueled by innovative product offerings and expansion into new regions, including Africa, South Asia, and Southeast Asia. The company’s focus on accessibility and user-centric design aligns with its mission of enabling financial freedom for all.
Expanding Token Offerings and Staking Opportunities Bitget added 72 new token listings in Q3, bringing its lineup to over 800 tokens and 900+ spot trading pairs. Among the new listings, POL, DRIFT, WUSD, REEF, and MOTHER stood out with the highest Total Value Locked (TVL) growth. Bitget’s Pre-market platform continued to attract early traders, featuring 12 tokens like CATI, MOCA, HMSTR, DOGS, and ZKL in Q3, with 53,800 traders participating and a cumulative transaction volume of $23 million.
Additionally, Bitget’s PoolX staking platform, launched in April, has become a popular choice among users, offering high-yield staking options. In Q3, PoolX recorded over 94,805 participants, with the total staked amount doubling from Q2 to reach $2.3 billion USD. Popular pools include BGB, BTC, ETH, and USDT, providing users with new avenues to earn rewards on the platform.
Commitment to the TON Ecosystem and Strategic Investments As part of its $30 million joint investment with Foresight Ventures into The Open Network (TON) ecosystem, Bitget has supported the rapid expansion of Telegram-based projects, including DOGS, Hamster Kombat, and Notcoin. With nearly 1 billion Telegram users worldwide, TON’s ecosystem has seen exponential growth, making Bitget a vital entry point for users interested in TON-based projects and decentralized applications.
Strategic Partnership with LALIGA to Drive Web3 Adoption Bitget expanded its footprint in sports by forming a multi-million dollar partnership with LALIGA. This collaboration aims to increase crypto awareness and Web3 adoption across Eastern Europe, Southeast Asia, and LATAM, leveraging LALIGA’s massive global audience to attract a new wave of crypto enthusiasts. This partnership aligns with Bitget’s mission to bring blockchain technology to mainstream audiences.
Enhanced Token-Discovery Through Nansen Collaboration Bitget collaborated with Nansen to refine its token-discovery strategies. By leveraging on-chain data and community insights, Bitget offers traders an advanced toolkit for identifying promising tokens. The strategic approach, combined with Nansen’s analytical tools, led to 240 new token listings since April, making it one of the most active exchanges in early-stage token offerings.
Gracy Chen, CEO of Bitget, commented on the report: “Our growth in Q3 2024 reflects our commitment to creating an accessible, secure, and innovative trading platform for users worldwide. By continuously expanding our offerings, supporting impactful projects, and forming strategic partnerships, Bitget is helping shape the future of blockchain and finance. We remain focused on our mission to drive financial freedom and to empower the next billion users through accessible and user-friendly digital solutions.”
Bitget’s success in Q3 2024 shows its growing influence in the crypto industry, marked by strategic initiatives, innovative products, and a commitment to user engagement. Looking ahead, Bitget is bound to continue its mission of bridging the gap between centralized and decentralized finance while expanding its global reach.
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning:Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to ourTerms of Use.
Samsung today announced availability for Music Frame WICKED Edition, a customizable wireless speaker designed to seamlessly blend into any environment and enhance the home entertainment experience. This new edition, created in partnership with Universal Pictures’ spectacular film adaptation of the iconic stage musical (in cinemas November 22), brings a unique combination of art and technology to offer consumers a personalized and immersive audio experience. It’s available for purchase starting today on Samsung.com and at the Samsung 837 retail experience store in New York City.
“Music Frame represents an entirely new category of audio – a customizable speaker that doubles as a picture frame. Not only can you display your favorite print photos – you can also create an orchestra of sound with your favorite playlist,” said James Fishler, Senior Vice President, Home Entertainment & Display Division at Samsung Electronics America. “Music and art evoke such strong memories, and Music Frame offers a seamless way to capture both in one innovative device. This limited-time Music Frame WICKED Edition beautifully brings this concept to life, helping you unlock the music within.”
Directed by acclaimed filmmaker Jon M. Chu (“Crazy Rich Asians,” “In the Heights”), Wicked is the untold story of the witches of Oz, starring Emmy-, Grammy- and Tony-winning powerhouse Cynthia Erivo (“Harriet,” Broadway’s “The Color Purple”) as Elphaba, a young woman misunderstood because of her unusual green skin, who has yet to discover her true power, and Grammy-winning, multi-platinum recording artist and global superstar Ariana Grande as Glinda, a popular young woman gilded by privilege and ambition, who has yet to discover her true heart.
Unlocking the Music Within Homes With “Wicked”
In collaboration with Wicked, Music Frame WICKED Edition offers a unique combination of functionality and aesthetic appeal. It includes a Wicked edition Photo Frame with three photo cards featuring autographs and images of the film’s beloved characters, including one exclusive picture only available with Music Frame WICKED Edition.
Further enhancing the experience, Music Frame WICKED Edition comes with a specially designed limited edition Wicked-themed bezel and customized Wicked-themed packaging, adding an extra touch of excitement and making the unboxing experience truly enchanting.
Music Frame is also fully customizable, allowing users to effortlessly match their home decor with photo frames and optional art panels. The sleek and slim design, combined with a discreet wall-mount bracket and slim power cable, ensures the Music Frame blends seamlessly into any environment.
Elevating Homes With Immersive Sound and Smart Features
With its rich, immersive sound, Music Frame WICKED Edition enables users to transform their living space into a surround sound haven. Equipped with Dolby Atmos1 technology, it creates a multidimensional audio experience that brings every note and sound to life. Music Frame can also work closely with other compatible Samsung screens and soundbars using Q-Symphony2, which offers a more immersive, three-dimensional sound experience.
Boasting two-channel 120W sound quality, Music Frame WICKED Edition incorporates clear and powerful sound via SpaceFit Sound Pro for optimized audio based on the acoustics of a given room, as well as Adaptive Sound that adjusts audio settings based on content to deliver premium audio performance. These features ensure that Music Frame WICKED Edition offers exceptional sound quality and versatility, making it a perfect addition to any home.
The built-in Alexa3 and Chromecast offer easy smart home integration with supported devices, while Airplay and Tap Sound4 provide seamless connectivity with Android and iOS devices. Versatile connectivity options — including Bluetooth, Wi-Fi, and Optical — ensure the device meets all audio needs.
Music Frame WICKED Edition is available now on Samsung.com, as well as at the Samsung 837 retail experience store in New York City. For more information, please visit Samsung.com.
Manila (Agenzia Fides) – The Apostolic Vicariate of Calapan collected donations for those affected by Typhoon Kristine (international name: Trami) during Sunday Mass, to express its concrete closeness to the people, families and communities seriously affected by the tropical storm that hit the eastern Philippines.Parishes and religious communities joined the fundraising campaign yesterday, October 27, and called on the faithful to participate. “In the spirit of fraternal solidarity and ecclesial synodality, special collections will also be carried out in Catholic schools and institutions in the coming days,” announced the Apostolic Vicar, Bishop Moises M. Cuevas. “We ask parishes to extend their generosity by allocating a certain amount from the general parish fund. In addition, we ask that a personal appeal be made to wealthy families, organizations, associations, movements and possible donors within the jurisdiction of each parish, directly requesting financial support from them,” said Bishop Cuevas, referring to the situation of families who have lost everything. In view of the devastating situation on the ground, the Philippine Bishops’ Conference, through its national Caritas, has launched a fundraising appeal to help affected families and communities in the ecclesiastical districts that encompass the area of the Bicol Region, including the Vicariate of Calapan, the Dioceses of Caceres and Camarines Sur. As reported, the donations will help provide much-needed assistance to those affected by the typhoon. Father Marc Real, Executive Director of Caritas Caceres, reported that the main roads leading to the city of Naga remain flooded, hampering the mobility of residents and the delivery of humanitarian aid. The violent tropical storm “Kristine” had hit the country in recent days, devastating most of the provinces in the Bicol region, causing thousands of deaths and damaging their livelihoods. According to the National Disaster Risk Management (NDRRMC), in addition to 136 who have lost their lives (and the number is rising), about 190,000 families, totaling more than 970,000 people, including the elderly, women and children, were displaced by the floods and inundations caused by the cyclone. Pope Francis yesterday, October 27, during the Angelus prayer with the pilgrims and faithful gathered in St. Peter’s Square said: “I am close to the population of the Philippines, struck by a powerful cyclone. May the Lord support that people, so full of faith.” (PA) (Agenzia Fides, 28/10/2024)
Share:
The free event, which has been held nearly every year since 2016, allows 5th graders from Virginia Beach City and Chesapeake Public Schools to receive an exclusive sneak peek of the Air Show performances, including the U.S. Navy Flight Demonstration Squadron, the Blue Angels and the F-22 Raptor Demonstration Team; vendor booths and activities; and numerous STEM Laboratory exhibits. It’s estimated nearly 8,000 students and more than 1,500 teachers/chaperones were in attendance this year.
Students were able to engage in a multitude of environment-based activities to learn how to become better stewards of the environment, such as play a Jeopardy-style trivia game to test their knowledge of the Chesapeake Bay, recycling, and watersheds; and compete in a head-to-head recycling relay to determine if discarded items were recyclable or trash. Additionally, many of the questions asked were derived from the Virginia Standards of Learning curriculum to help reinforce state education, and meet stewardship and literacy goals embodied in the EPA Executive Order 13508 for Chesapeake Bay Protection and Restoration outreach commitments.
“It was fun to engage with students on topics so close to where we all live – seeing what they know, and share information to help protect the Chesapeake Bay,” said Vincent Orazi, Natural Resource Management Specialist. “It was good experience.”
An interactive watershed model further showed students how pollutants, such as pet waste, oil, fertilizer, and detergents can adversely impact water quality by entering our waterways, pollute stormwater, and impact outside activities like swimming and fishing.
“It’s great to see the students captivated by our hands-on demonstration,” said Dawn Friedrichs, PWD Oceana EV Drinking Water and Environmental Management System Program Manager, noting students used oil absorbent fabric to cleanup oil spills in aquatic and marine environments in the display. “Interaction and visualization go a long way in helping them retain what they’ve learned.”
Students also learned the importance of recycling, proper waste disposal, natural resource conservation, and how to prevent household and industrial pollutants, trash, and yard debris from entering our waterways.
“I’ve been participating in the NAS Oceana Air Show STEM Lab since 2017, and I’m amazed every year by the great questions asked by these students,” said Tara Fisher, PWD Oceana EV Water, Tanks, and Petroleum, Oil, and Lubricants (POL) Program Manager. “We really enjoy interacting with them, and we hope our message of stormwater pollution prevention sticks with them throughout their lives.”
NAVFAC MIDLANT provides facilities engineering, public works and environmental products and services across an area of responsibility that spans from South Carolina to Maine, as far west as Illinois, and down to Indiana. As an integral member of the Commander, Navy Region Mid-Atlantic team, NAVFAC MIDLANT provides leadership through the Regional Engineer organization to ensure the region’s facilities and infrastructure are managed efficiently and effectively.
For additional information about NAVFAC MIDLANT on social media, follow our activities on Facebook at www.facebook.com/navfacmidatlantic and on Instagram @navfacmidatlantic.
The Reserve Bank of India (RBl) has, by an order dated October 21, 2024, imposed a monetary penalty of ₹2.60 lakh (Rupees Two lakh sixty thousand only) on The Gondia District Central Co-operative Bank Ltd., Maharashtra (the bank) for contravention of the provisions of section 20 read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and section 56 of the BR Act and section 25 of the Credit Information Companies (Regulation) Act, 2005.
The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2023. Based on supervisory findings of contravention of statutory provisions / non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said provisions/directions.
After considering the bank’s reply to the notice, oral submissions made during the personal hearing and examination of additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:
The bank had:
sanctioned a loan to its director; and
failed to obtain the membership of three CICs.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.
The Reserve Bank of India (RBl) has, by an order dated October 21, 2024, imposed a monetary penalty of ₹7.50 lakh (Rupees Seven lakh fifty thousand only) on The Vaijapur Merchants Co-operative Bank Limited, Vaijapur, Maharashtra (the bank), for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF) and with the certain directions issued by RBI on ‘Know Your Customers (KYC) norms’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the Banking Regulation Act, 1949.
The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.
After considering the bank’s reply to the notice and oral submissions made by it during the personal hearing and examination of additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:
The bank had:
made donation to certain entity and offered higher interest rates on deposits (fresh/renewal) than those offered by State Bank of India in non-adherence to directions issued under SAF.
failed to put in place a robust software to throw alerts as part of effective identification and reporting of suspicious transactions.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.
