Category: Business

  • MIL-OSI Global: Anger is a flow of emotion like water through a hose − at work, it helps to know when to turn it up or down and how to direct it

    Source: The Conversation – USA – By Laura Rees, Associate Professor of Organizational Behavior, Oregon State University

    Is the anger targeted or blasting everyone in the area? Witthaya Prasongsin/Moment via Getty Images

    Pretty much everyone will sometimes struggle with anger at work. People fear the wrath of abusive supervisors, suppress anger to maintain a façade of professionalism, or vent anger toward co-workers who are, fairly or not, targets. Reactions to anger in the workplace can be strong, but they’re not always effective.

    As scholars who also fall prey to the pitfalls of anger ourselves, we are fascinated by anger. We have studied the causes, underlying processes and consequences of anger from the perspectives of management, psychology, marketing and negotiations.

    We recently reviewed more than 400 research articles across psychology, business and related fields on topics ranging from brain activity to negotiation to race relations. Yet despite the ubiquity of anger in the workplace and the decades of anger research that exists across a number of fields, we found no straightforward way to understand the complexity of the life cycle of anger and how to manage it most effectively.

    As we dived more deeply into the research literature, though, we realized that simply reframing how we think about anger could provide a novel, flexible framework for how to deal with this emotion in daily life. Our suggestion: Think of anger as a flow of emotion, like water through a garden hose.

    By thinking of the flow of anger, you can unpack its key dimensions: its path and strength. Understanding whether the hose is pointed effectively and whether the strength of the stream is appropriate are critical for knowing when, how and why to focus or redirect the anger and amplify or weaken its intensity.

    When tempers flare, sometimes innocent bystanders take the heat.
    RapidEye/iStock via Getty Images Plus

    The direction of anger

    Imagine a co-worker charges into your office, yelling, breathing heavily, face reddened, veins bulging. Even if you are simply an unsuspecting colleague who happened to have your door open, your attention is undoubtedly now fixed on your co-worker.

    Are you the target of their anger for something you did, or merely an observer of their anger at someone else?

    If you are an undeserving target, do you try to reframe the issue so that the angry person will realize the anger is better directed elsewhere?

    If you are the observer, you also have a choice about whether to ignore your co-worker’s anger or help them redirect it to a more effective outlet. You might simply listen empathetically while they let off steam, perhaps pointing out the relative risks and benefits of their taking their complaints to the supervisor.

    You are deciding, in effect, what suggestions to make about the direction of this person’s anger.

    The key to effectively managing the direction of anger is to manage the attention of those in the room. Reshaping how angry people attribute blame, for example, can help people take another person’s perspective or understand the situation in a new way, directing the flow more productively.

    The intensity of anger

    When an angry co-worker approaches you as the target, do you ignore the signal or offer to work with the person so a similar situation doesn’t happen in the future? Both are ways to tamp down the intensity of the emotion coming at you.

    When you are angry, do you try to distract yourself from the anger, let it simmer, or embrace it? You are essentially deciding how you want to manage the intensity of your own angry feelings.

    It is important to recognize that managing the intensity of anger can go in both directions. Sometimes high-intensity anger should be turned down and sometimes subtle anger should be amplified.

    For example, consider an instance in which you feel anger at what you perceive to be an unfair change to a company policy. In this case, simply going for a walk outside to avoid expressing your frustration may result in the leadership not realizing that you and others on the team feel this way, leaving little opportunity to discuss and update the policy to more reasonable standards.

    Learning to self-regulate your thoughts and behaviors can help you manage the intensity of any anger you find yourself feeling. Rather than impulsively reacting, you can practice handling your emotions so you control whether you crank up your expressed anger or dial it down. Part of this process is thinking carefully about the cost-benefit trade-offs of expressing your anger. In these ways, you more effectively manage the strength of the flow without unnecessarily just turning it off.

    The decision whether or how to intervene depends on the specifics of the situation.
    FG Trade/E+ via Getty Images

    Controlling anger

    Knowing when, how and why to shape the direction and intensity of anger is no small feat. Some of this decision is rightly based on the situation. For example, is it safe to step in? Do you feel personally skilled at intervening?

    But it is within everyone’s power to learn how to manage their own and others’ anger more effectively.

    To do so, you need to understand your role and whether the flow is a one-time situation or a persistent problem. Understanding whether you’re holding the hose, standing in its path or observing from a distance is the first step to effectively managing the direction and intensity of the flow.

    Second is deciding whether and how to intervene: Can you reframe the initial trigger so that the faucet is never turned on, or turned on more or less powerfully? If anger is already too strong and you cannot or do not want to avoid it, can you help the angry person regulate the direction and intensity of their anger to overcome the issue in some way?

    You can get better at controlling the flow of anger in ways that can improve rather than harm relationships and outcomes. Research supports working on your emotional intelligence and building belief in your own capability to handle anger. Manage factors that tend to wrest control of the hose away from you, including becoming defensive, feeling shame or even suffering from a lack of sleep.

    Taking these steps and practicing controlling the hose’s path and intensity can help address problems in the short term and prevent anger from becoming a destructive pattern in the long term.

    The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Anger is a flow of emotion like water through a hose − at work, it helps to know when to turn it up or down and how to direct it – https://theconversation.com/anger-is-a-flow-of-emotion-like-water-through-a-hose-at-work-it-helps-to-know-when-to-turn-it-up-or-down-and-how-to-direct-it-243670

    MIL OSI – Global Reports

  • MIL-OSI Global: DOGE threat: How government data would give an AI company extraordinary power

    Source: The Conversation – USA – By Allison Stanger, Distinguished Endowed Professor, Middlebury

    Elon Musk has simultaneous control of DOGE and his AI company xAI. AP Photo/Jose Luis Magana

    The Department of Government Efficiency, or DOGE, has secured unprecedented access to at least seven sensitive federal databases, including those of the Internal Revenue Service and Social Security Administration. This access has sparked fears about cybersecurity vulnerabilities and privacy violations. Another concern has received far less attention: the potential use of the data to train a private company’s artificial intelligence systems.

    The White House press secretary said government data that DOGE has collected isn’t being used to train Musk’s AI models, despite Elon Musk’s control over DOGE. However, evidence has emerged that DOGE personnel simultaneously hold positions with at least one of Musk’s companies.

    At the Federal Aviation Administration, SpaceX employees have government email addresses. This dual employment creates a conduit for federal data to potentially be siphoned to Musk-owned enterprises, including xAI. The company’s latest Grok AI chatbot model conspicuously refuses to give a clear denial about using such data.

    As a political scientist and technologist who is intimately acquainted with public sources of government data, I believe this potential transmission of government data to private companies presents far greater privacy and power implications than most reporting identifies. A private entity with the capacity to develop artificial intelligence technologies could use government data to leapfrog its competitors and wield massive influence over society.

    Value of government data for AI

    For AI developers, government databases represent something akin to finding the Holy Grail. While companies such as OpenAI, Google and xAI currently rely on information scraped from the public internet, nonpublic government repositories offer something much more valuable: verified records of actual human behavior across entire populations.

    This isn’t merely more data – it’s fundamentally different data. Social media posts and web browsing histories show curated or intended behaviors, but government databases capture real decisions and their consequences. For example, Medicare records reveal health care choices and outcomes. IRS and Treasury data reveal financial decisions and long-term impacts. And federal employment and education statistics reveal education paths and career trajectories.

    What makes this data particularly valuable for AI training is its longitudinal nature and reliability. Unlike the disordered information available online, government records follow standardized protocols, undergo regular audits and must meet legal requirements for accuracy. Every Social Security payment, Medicare claim and federal grant creates a verified data point about real-world behavior. This data exists nowhere else with such breadth and authenticity in the U.S.

    Most critically, government databases track entire populations over time, not just digitally active users. They include people who never use social media, don’t shop online, or actively avoid digital services. For an AI company, this would mean training systems on the actual diversity of human experience rather than just the digital reflections people cast online.

    A security guard prevented U.S. Sen. Edward Markey, D-Mass., from entering an EPA building on Feb. 6, 2025, to see DOGE staff working there.
    Al Drago/Getty Images

    The technical advantage

    Current AI systems face fundamental limitations that no amount of data scraped from the internet can overcome. When ChatGPT or Google’s Gemini make mistakes, it’s often because they’ve been trained on information that might be popular but isn’t necessarily true. They can tell you what people say about a policy’s effects, but they can’t track those effects across populations and years.

    Government data could change this equation. Imagine training an AI system not just on opinions about health care but on actual treatment outcomes across millions of patients. Consider the difference between learning from social media discussions about economic policies and analyzing their real impacts across different communities and demographics over decades.

    A large, state-of-the-art, or frontier, model trained on comprehensive government data could understand the actual relationships between policies and outcomes. It could track unintended consequences across different population segments, model complex societal systems with real-world validation and predict the impacts of proposed changes based on historical evidence. For companies seeking to build next-generation AI systems, access to this data would create an almost insurmountable advantage.

    Control of critical systems

    A company like xAI could do far more with models trained on government data than building better chatbots or content generators. Such systems could fundamentally transform – and potentially control – how people understand and manage complex societal systems. While some of these capabilities could be beneficial under the control of accountable public agencies, I believe they pose a threat in the hands of a single private company.

    Medicare and Medicaid databases contain records of treatments, outcomes and costs across diverse populations over decades. A frontier model trained on new government data could identify treatment patterns that succeed where others fail, and so dominate the health care industry. Such a model could understand how different interventions affect various populations over time, accounting for factors such as geographic location, socioeconomic status and concurrent conditions.

    A company wielding the model could influence health care policy by demonstrating superior predictive capabilities and market population-level insights to pharmaceutical companies and insurers.

    Treasury data represents perhaps the most valuable prize. Government financial databases contain granular details about how money flows through the economy. This includes real-time transaction data across federal payment systems, complete records of tax payments and refunds, detailed patterns of benefit distributions, and government contractor payments with performance metrics.

    An AI company with access to this data could develop extraordinary capabilities for economic forecasting and market prediction. It could model the cascading effects of regulatory changes, predict economic vulnerabilities before they become crises, and optimize investment strategies with precision impossible through traditional methods.

    Elon Musk’s xAI company is well financed.

    Infrastructure and urban systems

    Government databases contain information about critical infrastructure usage patterns, maintenance histories, emergency response times and development impacts. Every federal grant, infrastructure inspection and emergency response creates a data point that could help train AI to better understand how cities and regions function.

    The power lies in the potential interconnectedness of this data. An AI system trained on government infrastructure records would understand how transportation patterns affect energy use, how housing policies affect emergency response times, and how infrastructure investments influence economic development across regions.

    A private company with exclusive access would gain unique insight into the physical and economic arteries of American society. This could allow the company to develop “smart city” systems that city governments would become dependent on, effectively privatizing aspects of urban governance. When combined with real-time data from private sources, the predictive capabilities would far exceed what any current system can achieve.

    Absolute data corrupts absolutely

    A company such as xAI, with Musk’s resources and preferential access through DOGE, could surmount technical and political obstacles far more easily than competitors. Recent advances in machine learning have also reduced the burdens of preparing data for the algorithms to process, making government data a veritable gold mine – one that rightfully belongs to the American people.

    The threat of a private company accessing government data transcends individual privacy concerns. Even with personal identifiers removed, an AI system that analyzes patterns across millions of government records could enable surprising capabilities for making predictions and influencing behavior at the population level. The threat is AI systems that leverage government data to influence society, including electoral outcomes.

    Since information is power, concentrating unprecedented data in the hands of a private entity with an explicit political agenda represents a profound challenge to the republic. I believe that the question is whether the American people can stand up to the potentially democracy-shattering corruption such a concentration would enable. If not, Americans should prepare to become digital subjects rather than human citizens.

    Allison Stanger receives funding from the Berkman Klein Center for Internet and Society, Harvard University.

    ref. DOGE threat: How government data would give an AI company extraordinary power – https://theconversation.com/doge-threat-how-government-data-would-give-an-ai-company-extraordinary-power-250907

    MIL OSI – Global Reports

  • MIL-OSI Global: How 18F transformed government technology − and why its elimination matters

    Source: The Conversation – USA – By Kayla Schwoerer, Assistant Professor of Public Administration & Policy, University at Albany, State University of New York

    18F was a group of technology hotshots within the GSA. Saul Loeb/AFP via Getty Images

    Healthcare.gov, the government health insurance marketplace website, launched in October 2013 only to buckle under the weight of just 2,000 simultaneous users. As millions of Americans stared at error messages and frozen screens, a political crisis unfolded, but so did a new era of government technology.

    The result was 18F, an in-house digital services consulting agency that brought Silicon Valley expertise to government, challenging decades of outdated procurement practices and introducing a radical new approach to building digital public services.

    Founded on March 19, 2014, by Presidential Innovation Fellows, 18F was housed within the Technology Transformation Services department of the General Services Administration, or GSA. The name 18F was derived from the address of GSA headquarters: 1800 F Street. On March 1, 2025, just a few weeks shy of 18F’s 11th anniversary, the Trump administration eliminated the agency and laid off its staff.

    As a researcher who studies public administration and technology, I have observed the transformational role 18F played in government digital services. The unit’s elimination raises the question of what the future of those services will look like.

    Impact of 18F

    18F served a unique role as an in-house digital consultancy for the U.S. government, drawing on innovative strategies to improve public service through technology. Within 18F, teams consisting of designers, software engineers, strategists and product managers worked together with federal, state and local agencies to not only fix technical problems but to build, buy and share technology that helped to modernize and improve the public’s experience with government services.

    Over nearly 11 years, 18F built an impressive portfolio of successful digital projects that transformed how people interact with the U.S. government. Even if the average person is unfamiliar with 18F, the odds are quite high that they have at least encountered one of its many products or services.

    18F staff describe the group’s mission and work.

    For example, 18F supported the Internal Revenue Service in creating IRS Direct File, a free online tax filing tool that provides taxpayers with a simplified filing process. As of today, IRS Direct File is available in 25 states and is expected to serve 30 million eligible taxpayers during the 2025 tax filing season.

    18F has been pivotal in modernizing and securing digital systems to help create more streamlined and secure user experiences for the public. For instance, Login.gov is a secure single sign-on platform that simplifies access to multiple government services for users.

    Perhaps the most notable of 18F’s modernization efforts that touches nearly every aspect of government today is the U.S. Web Design System. The comprehensive design system was developed in collaboration with the U.S. Digital Service in 2015. It helps support dozens of agencies and makes nearly 200 websites more accessible and responsive to user needs.

    How 18F worked

    What set 18F apart was its approach. Rather than spending years on giant information technology contracts that often failed to deliver, 18F championed agile development. Agile and lean methodologies have been popular in Silicon Valley startups and software companies for decades due to their flexibility and focus on rapid iteration.

    By applying agile development principles, 18F focused on breaking down large projects into manageable pieces with incremental improvements based on frequent user feedback. This approach allowed continuous adaptation spurred by user feedback and changing requirements while reducing risk.

    Another cornerstone of 18F’s innovative approach was its focus on user-centered design. By focusing on the needs of the people who actually used government services, 18F was able to go beyond merely satisfying technical requirements to design digital products that were more accessible and user-friendly. The idea was to understand the end users and the problems they encountered in order to effectively design products and solutions that addressed their needs. It also aimed to provide a consistent user experience and earn the users’ trust in the services.

    By prioritizing open-source development and collaboration, 18F also helped to make government IT more affordable. Making project code transparent meant that agencies could reuse the code and reduce the cost of duplicate development efforts across agencies and levels of government.

    18F also had a hand in helping agencies develop their own technology capacity, whether by teaching them how to build software using open-source development and agile methodologies or by teaching agencies how to hire and oversee technology vendors themselves. This model was especially beneficial for state and local agencies following 18F’s expansion in 2016 to provide services to state and local government agencies that receive federal funding.

    End of an era

    The elimination of 18F marks the end of an era, raising concerns about both current and future technology projects. As of now, there does not appear to be a succession plan, leaving many federal agencies without ongoing support for their digital transformation efforts. Critics also argue that the loss of 18F means the loss of significant technical expertise within the government.

    These changes come at a time when agencies are experiencing substantial personnel shifts, rendering digital services potentially even more critical. As agencies brace for more personnel cuts, the public may need to rely more on digital services to fill the gap amid growing staffing shortages.

    Since the news was announced, current and former 18F team members as well as advocates of the unit have taken to social media platforms, including X (formerly Twitter), Bluesky, and LinkedIn, to share stories of its successes, honor its legacy and share 18F resources.

    Kayla Schwoerer 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.

    ref. How 18F transformed government technology − and why its elimination matters – https://theconversation.com/how-18f-transformed-government-technology-and-why-its-elimination-matters-251333

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Statement: Attorney General Mark Temple KC responds to JEP headline story on legal spend06 March 2025 ​​​The JEP’s recent reporting on the Law Officers’ Department is inaccurate, misleading and actively undermines the LOD staff who work so hard to enforce law and order and keep our Island safe. It is disappointing… Read more

    Source: Channel Islands – Jersey

    06 March 2025

    ​​​The JEP’s recent reporting on the Law Officers’ Department is inaccurate, misleading and actively undermines the LOD staff who work so hard to enforce law and order and keep our Island safe. It is disappointing that the JEP published a Weekend Essay, the Headline to the JEP Weekend Edition (Law officers’ ‘obscene’ £1.6 million spending revealed’) and the Editor’s Column on Saturday 1 March 2025, all without first obtaining comment from the Law Officers’ Department (LOD).

    The headline figure of £1.6 million from October 2023 to September 2024 represents all the LOD’s external legal spend in a particularly demanding year.  This includes the unprecedented large investigations relating to the gas explosion at Haut du Mont and the sinking of the L’Ecume II fishing vessel, specialist Civil cases, Safeguarding cases, Mutual Legal Assistance cases, external Crown Advocates in local Jersey law firms, and major international financial crime cases which are vital to safeguarding the Island’s reputation as a financial centre.

    The time period also coincides with a huge increase in the numbers of Royal Court trials, particularly for offences involving Violence Against Women and Girls.  The LOD is improving prosecution and conviction rates for such offences but needs input from external lawyers specialising in such cases to achieve this.

    ​The vast majority of the LOD’s cases are advised on by LOD lawyers and staff without any instruction of external lawyers.  It is only in exceptional cases where there is a particular need for additional support or training that an external lawyer is also instructed. They do not write scripts for LOD Advocates to read but, where they are instructed, they may comment on drafts produced by LOD Advocates. 

    The JEP articles omit any mention of the fact that monies spent on external lawyers can be recovered from the opposing side in litigation or from the defendant in criminal cases, through confiscation or forfeiture orders, or through costs orders.  The LOD has recovered many millions which have been paid into the Criminal Offences Confiscation Fund or the Civil Asset Recovery Fund where they can be used for the projects for the benefit of the Island.  For example, the first major confiscation under the 2018 Forfeiture of Assets (Civil Proceedings) Law resulted in US$10 million paid into the COCF in 2019, and in 2020 the Doraville case resulted in US$5 million being retained for the Island.

    It is also wrong to suggest that there is no scrutiny of spending on external lawyers.  All spending is in accordance with the procedures set out in the Public Finances Manual.  Discounted rates are obtained for the work, the work is spread between providers to ensure competitive prices, the quality of the work is monitored.  The Department is subject to audit by the C&AG. 

    The LOD has also been subject to an annual on-site inspection by Lexcel since 2019, which is an independent quality assurance standard and to independent oversight by an Audit Committee set up in accordance with a recommendation from the C&AG.  The most recent Lexcel inspection report stated:  “It is clear to the assessor that the Lexcel standard remains fully embedded in practice and the standard runs through the heart of every aspect of the department’s functions resulting in a well-managed, cohesive and risk averse department.”

    The LOD does not have a Press Officer and was contacted by the JEP with a series of questions via the General Enquiries email box less than three hours before a deadline on a day when the Practice Director was away from the office.  We replied that we were unable to respond within the tight deadline but would reply the next week when the Practice Director returned to the office.  In view of the inaccuracies summarised above it is regrettable that the JEP chose to publish without waiting for any comment or input from the LOD.

    MIL OSI United Kingdom

  • MIL-OSI USA: U.S. International Trade in Goods and Services, January 2025

    Source: US Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $131.4 billion in January, up $33.3 billion from $98.1 billion in December, revised.

    U.S. International Trade in Goods and Services Deficit
    Deficit: $131.4 Billion  +34.0%°
    Exports: $269.8 Billion  +1.2%°
    Imports: $401.2 Billion  +10.0%°

    Next release: Thursday, April 3, 2025

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, March 6, 2025

    Exports, Imports, and Balance (exhibit 1)

    January exports were $269.8 billion, $3.3 billion more than December exports. January imports were $401.2 billion, $36.6 billion more than December imports.

    The January increase in the goods and services deficit reflected an increase in the goods deficit of $33.5 billion to $156.8 billion and an increase in the services surplus of $0.2 billion to $25.4 billion.

    Year-over-year, the goods and services deficit increased $64.5 billion, or 96.5 percent, from January 2024. Exports increased $10.6 billion or 4.1 percent. Imports increased $75.2 billion or 23.1 percent.

    Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit increased $19.2 billion to $102.6 billion for the three months ending in January.

    • Average exports increased $1.2 billion to $270.0 billion in January.
    • Average imports increased $20.4 billion to $372.5 billion in January.

    Year-over-year, the average goods and services deficit increased $37.1 billion from the three months ending in January 2024.

    • Average exports increased $11.4 billion from January 2024.
    • Average imports increased $48.5 billion from January 2024.

    Exports (exhibits 3, 6, and 7)

    Exports of goods increased $2.7 billion to $172.8 billion in January.

      Exports of goods on a Census basis increased $2.8 billion.

    • Capital goods increased $4.2 billion.
      • Civilian aircraft increased $1.1 billion.
      • Semiconductors increased $0.7 billion.
      • Computers increased $0.5 billion.
      • Civilian aircraft engines increased $0.5 billion.
    • Consumer goods increased $1.7 billion.
      • Pharmaceutical preparations increased $0.8 billion.
      • Jewelry increased $0.6 billion.
    • Other goods decreased $1.3 billion. (See the “Notice” for more information.)
    • Foods, feeds, and beverages decreased $1.0 billion.
      • Soybeans decreased $0.8 billion.

      Net balance of payments adjustments decreased $0.1 billion.

    Exports of services increased $0.6 billion to $97.0 billion in January.

    • Financial services increased $0.2 billion.
    • Telecommunications, computer, and information services increased $0.1 billion.
    • Other business services increased $0.1 billion.
    • Transport increased $0.1 billion.
    • Maintenance and repair services increased $0.1 billion.
    • Government goods and services decreased $0.3 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods increased $36.2 billion to $329.5 billion in January.

      Imports of goods on a Census basis increased $36.2 billion.

    • Industrial supplies and materials increased $23.1 billion.
      • Finished metal shapes increased $20.5 billion.
    • Consumer goods increased $6.0 billion.
      • Pharmaceutical preparations increased $5.2 billion.
      • Cell phones and other household goods increased $1.2 billion.
    • Capital goods increased $4.6 billion.
      • Computers increased $3.0 billion.
      • Computer accessories increased $1.2 billion.
      • Telecommunications equipment increased $1.1 billion.

      Net balance of payments adjustments decreased $0.1 billion.

    Imports of services increased $0.4 billion to $71.7 billion in January.

    • Charges for the use of intellectual property increased $0.2 billion.
    • Other business services increased $0.1 billion.
    • Travel decreased $0.1 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $30.8 billion, or 27.5 percent, to $142.9 billion in January, compared to a 27.4 percent increase in the nominal deficit.

    • Real exports of goods increased $0.6 billion, or 0.4 percent, to $142.3 billion, compared to a 1.6 percent increase in nominal exports.
    • Real imports of goods increased $31.4 billion, or 12.4 percent, to $285.2 billion, compared to a 12.5 percent increase in nominal imports.

    Revisions

    Exports and imports of goods and services were revised for July through December 2024 to incorporate more comprehensive and updated quarterly and monthly data. In addition to these revisions, seasonally adjusted data for all months of 2024 were revised so that the totals of the seasonally adjusted months equal the annual totals.

    Revisions to December exports

    • Exports of goods were revised down $0.1 billion.
    • Exports of services were revised up $0.1 billion.

    Revisions to December imports

    • Imports of goods were revised up $0.2 billion.
    • Imports of services were revised down $0.6 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The January figures show surpluses, in billions of dollars, with Netherlands ($4.3), South and Central America ($4.3), Belgium ($0.6), and Brazil ($0.6). Deficits were recorded, in billions of dollars, with China ($29.7), European Union ($25.5), Switzerland ($22.8), Mexico ($15.5), Ireland ($12.4), Vietnam ($11.9), Canada ($11.3), Germany ($7.6), Taiwan ($7.5), Japan ($7.4), South Korea ($5.4), India ($4.2), Italy ($3.5), Malaysia ($2.5), Australia ($2.0), Hong Kong ($1.4), France ($1.0), Singapore ($1.0), Israel ($0.6), United Kingdom ($0.5), and Saudi Arabia ($0.1).

    • The deficit with Switzerland increased $9.8 billion to $22.8 billion in January. Exports increased $0.6 billion to $1.8 billion and imports increased $10.3 billion to $24.6 billion.
    • The deficit with Ireland increased $6.2 billion to $12.4 billion in January. Exports increased less than $0.1 billion to $1.2 billion and imports increased $6.2 billion to $13.6 billion.
    • The surplus with South and Central America increased $0.7 billion to $4.3 billion in January. Exports increased $0.3 billion to $18.0 billion and imports decreased $0.5 billion to $13.7 billion.

    Goods and Services by Selected Countries and Areas: Quarterly – Balance of Payments Basis (exhibit 20)

    Statistics on trade in goods and services by country and area are only available quarterly, with a one-month lag. With this release, fourth-quarter figures are now available.

    The fourth-quarter figures show surpluses, in billions of dollars, with South and Central America ($19.1), Netherlands ($18.6), Australia ($7.1), Singapore ($7.0), Brazil ($7.0), United Kingdom ($4.9), Hong Kong ($4.3), Saudi Arabia ($3.4), and Belgium ($1.5). Deficits were recorded, in billions of dollars, with China ($68.8), Mexico ($48.0), European Union ($38.5), Vietnam ($32.7), Germany ($21.1), Taiwan ($18.9), Japan ($17.0), Switzerland ($15.7), India ($13.2), South Korea ($12.5), Italy ($11.1), Canada ($10.5), Ireland ($7.8), Malaysia ($7.4), France ($4.5), and Israel ($2.1).

    • The deficit with Switzerland increased $12.1 billion to $15.7 billion in the fourth quarter. Exports decreased $1.6 billion to $18.8 billion and imports increased $10.6 billion to $34.5 billion.
    • The deficit with India increased $3.4 billion to $13.2 billion in the fourth quarter. Exports decreased $0.2 billion to $20.6 billion and imports increased $3.2 billion to $33.8 billion.
    • The deficit with the European Union decreased $5.8 billion to $38.5 billion in the fourth quarter. Exports decreased $0.9 billion to $164.8 billion and imports decreased $6.7 billion to $203.3 billion.

    All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    Next release: April 3, 2025, at 8:30 a.m. EDT
    U.S. International Trade in Goods and Services, February 2025

    Notice

    Impact of Canada Border Services Agency’s (CBSA) Release of CBSA Assessment and Revenue Management (CARM)

    The CBSA introduced a new accounting system (CARM) on October 21, 2024. As a result, importers in Canada have experienced delays in filing shipment information. These delays affected the compilation of statistics on U.S. exports of goods to Canada for September 2024 through January 2025, which are derived from data compiled by Canada through the United States – Canada Data Exchange. A dollar estimate of the filing backlog is included in estimates for late receipts and, following the U.S. Census Bureau’s customary practice for late receipt estimates, is included in the export end-use category “Other goods” as well as in exports to Canada. This estimate will be replaced with the actual transactions reported by the Harmonized System classification in June 2025 with the release of “U.S. International Trade in Goods and Services, Annual Revision.” Until then, please refer to the supplemental spreadsheet “CARM Exports to Canada Corrections,” which provides a breakdown of the late receipts by 1-digit end-use category for statistics through 2024. This spreadsheet will be updated as late export transactions are received to reflect reassignments from the initial “Other goods” category to the appropriate 1-digit end-use category. Any 2025 impacts will be revised in June 2026.

    If you have questions or need additional information, please contact the Census Bureau, Economic Indicators Division, International Trade Macro Analysis Branch, on 800-549-0595, option 4, or at eid.international.trade.data@census.gov.

    Upcoming Changes to the Real (Chained-Dollar) Series

    Effective with the release of the February 2025 statistics on April 3, 2025, the Census Bureau will continue to use the Bureau of Labor Statistics (BLS) U.S. Import and Export Price Indexes to calculate the chained-dollar series (exhibits 10 and 11). The BLS will be implementing changes to the indexes with the release of the February 2025 U.S. Import and Export Price Indexes on March 18, 2025. The changes to the indexes could impact the chained-dollar values. Please refer to the BLS notice for additional information on the Upcoming Change to Data Source for Import and Export Price Indexes: U.S. Bureau of Labor Statistics.

    If you have any questions or need additional information, please contact the Census Bureau, Economic Statistical Methods Division, International Trade Statistical Methods Branch, on 301-763-3080.

    Upcoming Updates to Goods and Services

    With the releases of the “U.S. International Trade in Goods and Services” report (FT-900) and the FT-900 Annual Revision on June 5, 2025, statistics on trade in goods, on both a Census basis and a balance of payments (BOP) basis, will be revised beginning with 2020 and statistics on trade in services will be revised beginning with 1999. The revised statistics for goods on a BOP basis and for services will also be included in the “U.S. International Transactions, 1st Quarter 2025 and Annual Update” report and in the international transactions interactive database, both to be released by BEA on June 24, 2025.

    Revised statistics on trade in goods will reflect:

    • Corrections and adjustments to previously published not seasonally adjusted statistics for goods on a Census basis.
    • End-use reclassifications of several commodities.
    • Recalculated seasonal and trading-day adjustments.
    • Newly available and revised source data on BOP adjustments, which are adjustments that BEA applies to goods on a Census basis to convert them to a BOP basis. See the “Goods (balance of payments basis)” section in the explanatory notes for more information.

    Revised statistics on trade in services will reflect:

    • Newly available and revised source data, primarily from BEA surveys of international services.
    • Corrections and adjustments to previously published not seasonally adjusted statistics.
    • Recalculated seasonal adjustments.
    • Revised temporal distributions of quarterly source data to monthly statistics. See the “Services” section in the explanatory notes for more information.

    A preview of BEA’s 2025 annual update of the International Transactions Accounts will be available in the Survey of Current Business in April 2025.

    If you have questions or need additional information, please contact the Census Bureau, Economic Indicators Division, International Trade Macro Analysis Branch, on (800) 549-0595, option 4, or at eid.international.trade.data@census.gov or BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.

    MIL OSI USA News

  • MIL-OSI: South Beach, Miami is not the most popular beach destination in the world but ranks 2nd according to the Travel App, Visited

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 06, 2025 (GLOBE NEWSWIRE) — The travel map app, Visited, publishes the most popular beach destinations as per international beach goers.

    The popular travel app, Visited, which is published by Arriving In High Heels Corporation, has published a list of the top 10 most popular beach destinations in the world. Based on popular beaches, the most popular locations are in Mexico and the Mediterranean. The popular beach destinations around the world include:

    1. Cancun, Mexico
    2. South Beach, Miami, USA
    3. Majorca, Spain
    4. Cannes, France
    5. Tenerife, Spain

    Of the US beach destinations, only South Beach, Miami and Venice Beach made it to the top 20. In the top 50 there is also Waikiki Beach, Santa Monica, Clearwater Beach, Panama City Beach, Atlantic City, Na Pali Coast and Virginia Beach.

    The full beach destination list ranked by popularity is available in the travel map app, Visited, which can be downloaded for free on iOS or Android. The app which once started as a simple way to color in the places users have been on a map, has expanded to include the popular travel list feature. Users can select ‘where I’ve been’ or add it to their ‘bucketlist’ to see personalized travel stats and to help plan future travels. There are over 175 travel lists available including national parks, cruise ports, snorkeling destinations, ski destinations, golf locations and even festivals around the world. The apps other features include a personalized travel map, ability to print a personalized travel poster, see regional information on a map by states visited and see personalized travel stats.

    To learn more about the Visited Map App, visit https://visitedapp.com.

    About Visited Travel App
    Popular travel map app Visited was designed to keep track of all countries, regions and cities that you have been to or want to visit in the future. A new feature of the app allows users to receive professionally printed posts of their travels. To help keep track of all the unique places and experiences users had, they can select destinations by travel categories. There are over 175 travel lists to choose from including ski destinations, golf destinations, national parks and more. For those that have a hard time choosing where to go next, Visited displays countries based on the total places of interest and experiences they want to do in that country, taking away the guess work of where to next. It is the ultimate travel bucket list and travel tracking app.

    About Arriving In High Heels Corporation
    Arriving In High Heels Corporation is a mobile app company with apps including Pay Off Debt, X-Walk and Visited, their most popular app.

    Contact:
    Anna Kayfitz
    anna@arrivinginhighheels.com

    The MIL Network

  • MIL-OSI Video: President Ramaphosa delivers the keynote address at the Microsoft SA Investment Announcement launch.

    Source: Republic of South Africa (video statements-2)

    President Ramaphosa delivers the keynote address at the Microsoft SA Investment Announcement launch.

    https://www.youtube.com/watch?v=oZdNQ4cmz-4

    MIL OSI Video

  • MIL-OSI United Kingdom: Council to receive capitalisation direction following independent financial review

    Source: City of Plymouth

    The Government has written to Plymouth City Council to confirm its intention to grant a capitalisation direction, with no further investigation required into a previous financial transaction. This follows an independent review of the Council’s finances. 

    Last year, the Council had requested a capitalisation direction from the Department for Levelling Up, Housing and Communities (DLUHC) to resolve issues related to a 2019/20 transaction that saved public money. The Council used a novel treatment to borrow capital funds to significantly reduce the ongoing cost of a pension deficit to the Council’s revenue budget.

    This enabled the Council to make more than £9 million savings to its revenue budget because paying the interest on the loan was cheaper than paying the deficit every year.

    Whilst the previous government was minded to issue the capitalisation, it was subject to a number of independent checks – including an examination of our finances by the Chartered Institute of Public Finance and Accountancy (CIPFA).

    Following a detailed review, CIPFA provided a positive assessment of the Council’s financial position, noting the efficient and effective financial management processes and strong and clear ownership of budgets across the council. In addition, the Council’s independent auditors also reviewed the transaction, and whilst they acknowledged it was unusual, it had not been ‘detrimental to the public purse’.

    Therefore, Jim McMahon MP, the Minister for Local Government, has written to the Council to confirm that subject to reassurances regarding what steps have been taken to put in place robust procedures for any future transactions of a similar nature, he is minded to grant the capitalisation direction, without the need for any further reviews or investigations.

    Responding to the letter, Councillor Tudor Evans, Leader of the Council, said: “We welcome the Government’s confirmation that thanks to a clean bill of health from CIPFA, they are looking to grant our request for a capitalisation direction. 

    “We have always been transparent about the transaction. We knew the transaction was novel in local government, but we were thinking outside the box to avoid cuts to local services. Particularly as costs to deliver services continue to increase, along with rising pressures on our services.

    “Over the past few months there have been those who have repeatedly accused us of foul play. Bandying around phrases such as ‘bankruptcy’ and ‘dodgy’. This Minister is very clear – no further investigation is needed.

    “There was nothing wrong with the transaction, other than it being unique. And the bottom line, it enabled us to save more than £9 million of public money, money that would have been lost for local services.

    “The Minister has asked us to provide reassurances that we have put in place robust processes and procedures to manage any future similar fees. We will now formally reply to the Minister, re-enforcing the changes that have been implemented.”

    “This capitalisation direction will allow us to put the whole matter to bed, validates our approach and reinforces our dedication to safeguarding public funds whilst delivering value for money to our residents.

    “We will now move on, continuing to prioritise the financial health of our Council while striving to provide the best possible services to our community.”

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: Changes in regulation of the cash transportation market: results of the discussion of the Bank of Russia report

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    The professional community supports the introduction of additional measures to regulate the cash collection and transportation market. Most experts spoke in favor of creating equal conditions for all participants. These are results of the discussion report of the Bank of Russia.

    The participants in the discussion confirmed the points made inreport Problems: reduced availability of cash collection and transportation services in some regions, increased unfair competition and personnel shortages in the industry.

    The Bank of Russia intends to create conditions for attracting more companies to this market. In addition to banks, other organizations that transport cash are planned to be included in the regulatory perimeter. It is envisaged to maintain a register of such carriers. It is proposed to establish liability measures for organizations that will provide money transportation services but are not included in the register.

    These initiatives will help combat unfair competition and improve the availability of services, including in remote areas.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23431

    MIL OSI Russia News

  • MIL-OSI: Bybit Becomes the First Exchange to List USDtb, Bringing Institutional-Grade Stability to Crypto Traders

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, March 06, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, becomes the first platform to include USDtb, a blockchain-based USD stablecoin created and managed by Ethena Labs, on its Spot exchange. USDtb combines the liquidity of stablecoins with the security and transparency of institutional-grade U.S. Treasury assets, marking a pivotal innovation in the evolution of digital dollars.

    USDtb is backed primarily by BlackRock’s USD Institutional Digital Liquidity Fund Token (BUIDL), which holds 100% of its assets in cash, U.S. Treasury Bills, and other short-term U.S. government obligations. This conservative and transparent backing makes USDtb a compelling option for investors seeking both stability and yield in the digital asset ecosystem.

    A New Chapter in Stablecoins
    Unlike traditional stablecoins, USDtb blends tokenized U.S. Treasury fund products with a stablecoin reserve, delivering a unique combination of stability, flexibility, and instant liquidity. This next-generation stablecoin enables faster, cheaper transactions compared to traditional banking systems, while offering users stable returns with principal protection — echoing the success of Ethena Labs’ USDe.

    Key Timeline

    • USDtb Listing on Spot Trading: Mar 4, 2025, 8AM UTC
    • USDtb Withdrawals Open: Mar 5, 2025, 8AM UTC
    • USDtb 5% Airdrop: 1st Snapshot on Mar 6, 2025
    • First Reward Distribution: Before Mar 7, 6AM UTC

    Deposits and withdrawals will be available via the ETH network. 

    Exclusive 5% APR Boost for Bybit Users
    To celebrate the listing, Bybit is offering 5% Annual Percentage Rate (APR) on USDtb holdings for new and existing eligible users with no lock-up requirements. From Mar. 6 to Apr. 4, eligible Bybit users may join the Bybit exclusive event to enjoy the limited-time 5% APR on USDtb holdings, starting at a minimum of 0.00005 USDtb. Holders will continue to enjoy 95% of the yield on Treasury Bills after the 1st month.

    Rewards will be distributed in USDtb on a first-come, first-served basis, and capped at a total of 200 million in USDtb tokens. The APR will be gradually decreasing after the cap is reached. However, all USDtb holders on Bybit will continue to earn rewards indefinitely after the promotional period ends.

    “By listing USDtb, Bybit is pioneering a new frontier for stablecoins — bridging traditional finance and digital assets with unprecedented transparency and institutional-grade security,” said Jerry Li, Head of Earn & Wealth Management at Bybit. “We are proud to be the first to introduce this innovative asset to our users, expanding their options for both secure savings and dynamic trading opportunities, all while maintaining the seamless experience Bybit is known for.”

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit: Bybit Press
    For media inquiries, please contact: media@bybit.com 
    For updates, please follow: Bybit’s Communities and Social Media

    DiscordFacebookInstagramLinkedInRedditTelegramTikTokXYouTube

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/cbe9d825-7bdc-4f56-90dd-e629f5a744c0

    The MIL Network

  • MIL-OSI: Two Nord Security products integrated with ConnectWise through the Invent program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) — Nord Security, a provider of advanced cybersecurity solutions, announces that its product NordLayer, a toggle-ready network security platform for business, has successfully integrated with ConnectWise, the world’s leading software company dedicated to the success of IT solution providers, completing all necessary security certifications. NordLayer is Nord Security’s second product to integrate with ConnectWise fully — the first product, NordPass, a next-generation password manager, was integrated in early 2024.

    This collaboration through the ConnectWise Invent program will integrate NordLayer license usage reports to offer MSPs hassle-free organization billing as it has done with NordPass. The integration allows MSPs to:

    • Import and map the companies already in ConnectWise PSA to NordLayer and NordPass.
    • Automatically synchronize monthly subscription usage data for each mapped company with ConnectWise PSA agreements.
    • Streamline billing and invoicing processes by reconciling them with real-time usage data, eliminating the need for manual data entry.

    The ConnectWise Invent program is a robust and secure integration program for third-party software providers seeking to merge their solutions with groundbreaking software from ConnectWise. The program strives to support managed service providers (MSPs) globally in growing their businesses by harnessing the power of innovative technologies and by fostering mutual productivity, including Tier 1 integration support from ConnectWise. To directly integrate with ConnectWise APIs and platform through the Invent program, integrators must pass an independent security review that ensures their integration is safe and secure.

    With this integration, Nord Security demonstrates its commitment to ensuring a seamless and efficient experience. Now, partners can more easily onboard new organizations to NordLayer and NordPass by syncing them from ConnectWise PSA.

    “We’re excited to have Nord Security join our certified integration program, ConnectWise Invent,” said Chris Timms, EVP of Ecosystems at ConnectWise. “We anticipate positive impacts on our partners’ businesses from these two certified integrations and look forward to future integrations from this collaboration.”

    “From the beginning, our focus has been on small- and medium-sized businesses (SMBs), which naturally positions us to prioritize MSPs as key partners. We are dedicated to delivering convenient solutions that simplify and enhance the daily operations of our partners,” says Justas Morkunas, chief commercial officer for B2B at Nord Security. “ConnectWise is a trusted tool for so many MSPs, and integrating it with Nord Security Business Suite means a smoother and more efficient experience. This partnership further reinforces Nord Security’s commitment to empowering MSPs with seamless and efficient tools to secure businesses.”

    For more information on NordLayer and NordPass visit https://marketplace.connectwise.com/vendors/nord-security/nordlayer/ and https://marketplace.connectwise.com/nordpass.

    About ConnectWise Invent (Certified Integrations Program)
    The ConnectWise Invent program offers vendors the opportunity to collaborate with the ConnectWise API team to scope, develop, secure, and certify their integrations, providing MSPs with peace of mind and full integration support. To learn more and to enroll in the Invent program as a third-party integrator, contact Invent@ConnectWise.com.

    This application uses the ConnectWise API but is not a ConnectWise product or service and is licensed separately from ConnectWise products and services. The term ‘ConnectWise’ is a trademark of ConnectWise, LLC.

    About Nord Security
    Nord Security is home to advanced cybersecurity solutions that share the Nord brand and values, including the world’s most advanced VPN service NordVPN, the next-generation password manager NordPass, the file encryption tool NordLocker, threat exposure management platform NordStellar, the toggle-ready network security platform for business NordLayer, an all-around identity theft protection service NordProtect and Saily, an eSIM service. Established in 2012, Nord Security’s products are now acknowledged by the most influential tech sites and IT security specialists. More information: nordsecurity.com.

    About ConnectWise
    ConnectWise is the world’s leading software company dedicated to the success of IT solution providers (TSPs) through unmatched software, services, community, and marketplace of integrations. ConnectWise offers an innovative, integrated, and security-centric platform—Asio—which provides unmatched flexibility that fuels profitable, long-term growth for partners. ConnectWise enables TSPs to drive business efficiency with automation, IT documentation, and data management capabilities and increase revenue with remote monitoring, cybersecurity, and backup and disaster recovery technologies. For more information, visit connectwise.com.

    Contact:
    skirmante@nordsec.com

    The MIL Network

  • MIL-OSI: Turtle Beach Corporation to Report Fourth Quarter & Full Year 2024 Financial Results on Thursday, March 13, 2025

    Source: GlobeNewswire (MIL-OSI)

    WHITE PLAINS, N.Y., March 06, 2025 (GLOBE NEWSWIRE) — Turtle Beach Corporation (Nasdaq: TBCH) a leading gaming headset and accessories brand, today announced it will report financial results for the fourth quarter and full year 2024 on Thursday, March 13, 2025, after the close of trading on the Nasdaq Stock Market.

    The Company will also host a conference call and audio webcast at 5:00p.m. ET / 2:00p.m. PT that same day to review the results. The call will be hosted by Cris Keirn, Chief Executive Officer, and Mark Weinswig, Chief Financial Officer.

    Conference Call Information
    The live webcast of the call will be available on the “Events & Presentations” page of the Company’s website at www.turtlebeachcorp.com. Interested individuals may also join by dialing 1-877-407-0792 or 1-201-689-8263. To avoid delays, participants are encouraged to dial into the conference call 15-minutes ahead of the scheduled start time.

    A telephone replay of the call will be available through March 27, 2025, and can be accessed by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13751064. A replay of the webcast will also be available on the investor relations website for a limited time.

    About Turtle Beach Corporation

    Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) is one of the world’s leading gaming accessory providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: TBCH.

    Cautionary Note on Forward-Looking Statements
    This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “goal”, “project”, “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

    While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to logistic and supply chain challenges and costs, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

    CONTACTS

    Investors:
    tbch@icrinc.com
    (646) 277-1285

    Public Relations & Media:
    MacLean Marshall
    Sr. Director, Global Communications
    Turtle Beach Corporation
    (858) 914-5093
    maclean.marshall@turtlebeach.com

    The MIL Network

  • MIL-OSI: AvidXchange to Participate in Wolfe FinTech Forum 2025

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., March 06, 2025 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the Wolfe FinTech Forum 2025 in New York, NY on Wednesday, March 12, 2025 at 8:10 AM ET.

    A live webcast of the presentation will be available on the Events page of the AvidXchange investor relations website at https://ir.avidxchange.com/. A replay of the webcast will also be available for a limited time.

    About AvidXchange™

    AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses and it has made payments to more than 1,350,000 supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit www.AvidXchange.com.

    Investor Contact:
    Subhaash Kumar
    skumar1@avidxchange.com
    813-760-2309

    The MIL Network

  • MIL-OSI: ING publishes 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    ING publishes 2024 Annual Report on Form 20-F

    ING filed today its Annual Report on Form 20-F for the year ended 31 December 2024 with the United States Securities and Exchange Commission (SEC). The 2024Form 20-F will be available on the ING website and can be downloaded from the SEC website (sec.gov) today. Shareholders or holders of ADRs can also request a hard copy of ING’s audited financial statements, free of charge, at www.ing.com/Investor-relations/Financial-performance/Annual-reports.htm.

    Note for editors

    For more on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom. Photos of ING operations, buildings and its executives are available for download at Flickr.

    ING PROFILE

    ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.

    ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

    ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING’s ESG rating by MSCI was reconfirmed by MSCI as ‘AA’ in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating, is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell. Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. Follow our progress on ing.com/climate.

    IMPORTANT LEGAL INFORMATION

    Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).

    ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principles are applied as in the 2024 ING Group consolidated annual accounts. All figures in this document are unaudited. Small differences are possible in the tables due to rounding. Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING’s core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) changes affecting interest rate levels (3) any default of a major market participant and related market disruption (4) changes in performance of financial markets, including in Europe and developing markets (5) fiscal uncertainty in Europe and the United States (6) discontinuation of or changes in ‘benchmark’ indices (7) inflation and deflation in our principal markets (8) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (9) failures of banks falling under the scope of state compensation schemes (10) non- compliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (11) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and the related international response measures (12) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (13) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (14) ING’s ability to meet minimum capital and other prudential regulatory requirements (15) changes in regulation of US commodities and derivatives businesses of ING and its customers (16) application of bank recovery and resolution regimes, including write down and conversion powers in relation to our securities (17) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (18) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business and including any risks as a result of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, including such risks and challenges as a consequence of the use of emerging technologies, such as advanced forms of artificial intelligence and quantum computing (21) changes in general competitive factors, including ability to increase or maintain market share (22) inability to protect our intellectual property and infringement claims by third parties (23) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (24) changes in credit ratings (25) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change, diversity, equity and inclusion and other ESG-related matters, including data gathering and reporting and also including managing the conflicting laws and requirements of governments, regulators and authorities with respect to these topics (26) inability to attract and retain key personnel (27) future liabilities under defined benefit retirement plans (28) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (29) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (30) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com.

    This document may contain ESG-related material that has been prepared by ING on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. ING has not sought to independently verify information obtained from public and third-party sources and makes no representations or warranties as to accuracy, completeness, reasonableness or reliability of such information.

    Materiality, as used in the context of ESG, is distinct from, and should not be confused with, such term as defined in the Market Abuse Regulation or as defined for Securities and Exchange Commission (‘SEC’) reporting purposes. Any issues identified as material for purposes of ESG in this document are therefore not necessarily material as defined in the Market Abuse Regulation or for SEC reporting purposes. In addition, there is currently no single, globally recognized set of accepted definitions in assessing whether activities are “green” or “sustainable.” Without limiting any of the statements contained herein, we make no representation or warranty as to whether any of our securities constitutes a green or sustainable security or conforms to present or future investor expectations or objectives for green or sustainable investing. For information on characteristics of a security, use of proceeds, a description of applicable project(s) and/or any other relevant information, please reference the offering documents for such security.

    This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING’s control.

    Any forward-looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.

    Attachment

    The MIL Network

  • MIL-OSI: INVESTVIEW, INC. ANNOUNCES LAUNCH OF STOCK REPURCHASE PROGRAM

    Source: GlobeNewswire (MIL-OSI)

    HAVERFORD, PA, March 06, 2025 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), operates a diversified financial technology services company offering multiple business units across key sectors. These include a financial education division offering tools, content, and research through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an early-stage online trading platform that intends to offer self-directed retail brokerage services; and a business unit that owns and operates a sustainable blockchain business focused on bitcoin mining and transaction validation, announced today that its board of directors has authorized the repurchase of up to One ($1,000,000) million dollars’ in aggregate value of shares of the Company’s common stock through March 6, 2026. As of December 31, 2024, the Company had 1,859,231,786 common shares issued and outstanding.

    Share repurchases will occur from time-to-time through public open market purchases at prevailing market prices or through privately negotiated transactions as permitted by securities laws and other legal requirements. The Company expects to fund all purchases from its existing cash on hand. Market conditions, price, corporate and regulatory requirements, alternative investment opportunities, and other economic conditions will influence the timing of the purchases, and the number of shares repurchased. The program does not obligate the Company to repurchase any specific number of shares and, subject to compliance with applicable securities laws and other legal requirements, may be suspended or terminated at any time without prior notice.

    Victor Oviedo, CEO, said, “Particularly, in light of our recent settlement with the SEC, we believe the current share price does not adequately reflect Investview’s current intrinsic value or its long-term growth prospects, and therefore, the repurchase of our shares could represent an excellent investment opportunity for both the Company and our shareholders.”

    About Investview, Inc.

    Investview, Inc., a Nevada corporation, operates a diversified financial technology services company, offering multiple business units across key sectors. These include a financial education division offering tools, content, and research through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an early-stage online trading platform business that intends to offer self-directed retail brokerage services; and a business unit that owns and operates a sustainable and cost-effective blockchain business focused on bitcoin mining and transaction validation. For more information on Investview, please visit: www.investview.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management’s expectations.

    Forward-Looking Statement

    All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. These forward-looking statements are based on Investview’s current beliefs and assumptions and information currently available to Investview and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements, including without limitation statements in this press release regarding the Company’s intention to repurchase shares of its common stock under the share repurchase program, and the anticipated source of funding for those repurchases. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, the market price of the Company’s stock, the nature of other investment opportunities presented to the Company, cash flows, and market trading volumes, which, in turn, impact the number of shares that may be repurchased, and other factors identified in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.

    # # #

    Investor Relations
    Contact: Ralph R. Valvano
    Phone Number: 732.889.4300
    Email: pr@investview.com

    The MIL Network

  • MIL-OSI: Winvest Group’s IQI Media Gears Up for Q2 Beta Demos of AI & Blockchain-Powered Streaming Distribution Platform

    Source: GlobeNewswire (MIL-OSI)

    RENO, NV, March 06, 2025 (GLOBE NEWSWIRE) — Winvest Group Limited (OTCQB: WNLV) (“Winvest”), an investment holding company with diverse media, entertainment, and technology portfolios, is pleased to announce that its subsidiary IQI Media Inc. will be offering beta demos of Launchrr, its proprietary SaaS solution for the film and television industry, in the second quarter of 2025.

    “Hollywood is facing significant changes, with a notable contraction in production activities,” said Khiow Hui Lim, Founder of IQI Media and Chief Strategy Officer at Winvest. “Shifting consumer behaviors, technological advancements, and the rise of streaming platforms have all played a role. Whether it’s the best time to disrupt Hollywood with a new SaaS product depends on identifying a clear need, delivering a superior solution, and navigating the industry’s complexities. IQI has done just that with Launchrr, which fills a key niche by using AI to optimize content delivery, recommend distribution channels, and predict audience demand.”

    “As an AI-driven, cloud-based distribution platform designed to revolutionize the streaming ecosystem, Launchrr can help Hollywood innovate through the use of data analytics,” continued Lim. “Beyond that, it can provide secure and transparent residuals using blockchain technology and help both stakeholders and regulators track ownership and royalties. Finally, it can streamline the distribution process in a way that lowers costs and offers efficiencies for everyone involved, from filmmakers to studios.”

    Typically, the process of submitting content and negotiating deals with multiple streamers is both time-consuming and costly for filmmakers and content creators. An advanced aggregator, Launchrr simplifies the process into a single submission that covers all streamers, dramatically speeding up the time to market while meeting all encoding requirements. From there, Launchrr uses intelligent automation to provide real-time insights and earnings, interactive dashboards, predictive analytics, and blockchain-based security for all intellectual property.

    “Winvest will be heavily investing in Launchrr’s Phase 2 development,” said Jeffrey Wong, CEO of Winvest. “That’s because we see strong potential for Launchrr based on current industry trends and have several reasons for optimism. For one, Launchrr tackles the industry’s biggest pain point—the streaming wars. It does so by addressing numerous inefficiencies in the current system and shifting the focus to data-driven decision-making. We believe this will result in more informed distribution strategies, not to mention the potential for increased revenue and profitability.”

    Winvest’s Phase 2 investments in Launchrr will primarily revolve around its new API integration with AI, particularly Large Language Models (LLMs). While most streamers with the exception of a handful continue to use web-based development, Launchrr is preparing for the future by pre-emptively building in API access costs, which include the learning curve involved in utilizing AI models and tailoring the API to fit each streamer, which requires additional coding, testing, and debugging. Other planned expenses include development environments, version control systems, hosting, servers, and specialized AI development tools.

    “While doubling down on LLMs impacts our development costs, it’s crucial to enhancing Launchrr’s value,” said Lim. “We also feel it supports our desire to align with the Hollywood guilds around the goals of transparency and potentially fairer compensation for all union members associated with a streaming title. Our AI-driven APIs enable accurate and timely performance metrics, plus the ability to identify what audiences are responding to the content and reach them cost-effectively with targeted social advertising. With Launchrr, it’s no longer a guessing game how to find your ideal viewers—or make your content profitable.”

    About Winvest Group Limited:

    Headquartered in Reno, Nevada, Winvest is an investment holding company focused on media, entertainment, and technology. Shares in the company are currently traded on the OTC Markets (QB tier) under the stock ticker “WNLV,” with plans to upgrade to Nasdaq and pursue an IPO in the near future. For more information about Winvest and its business developments, please visit http://www.winvestgroup.co.

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates, and projections about our industry and involve significant risks and uncertainties that may cause actual results to differ materially. We undertake no obligation to update or revise any forward-looking statements except as required by law.

    Product/Demos Contact

    Khiow Hui Lim, Founder of IQI Media & Chief Strategy Officer of Winvest

    1055 E. Colorado Blvd., Suite 500, Pasadena, CA 91106

    Email: khiowhui@iqimedia.com

    Phone: 626-240-4600

    https://iqimedia.com/

    For Media Inquiries

    Connie Ting

    Winvest Group Limited

    50 West Liberty Street, Suite 880, Reno NV 89501

    Email: connie.ting@winxglobal.com

    Phone: 775-996-0288

    The MIL Network

  • MIL-OSI United Kingdom: Kerbside textiles recycling proves a hit in Oxford 

    Source: City of Oxford

    Oxford’s new kerbside textile recycling service has had an outstanding start.

    The first set of figures showing a strong public response. Launched in January, the free collection service allows residents to recycle their old textiles conveniently from home. 

    In just the first month of operation, the scheme collected an impressive 1,771kg of textiles through door-to-door collections, while the new textile bring bank at Rose Hill Community Centre added another 310kg.  

    Additionally, 510kg of pillows and duvets were collected, ensuring that these materials were given a second life instead of ending up in landfill. These items are weighed separately as they are processed differently.

    The scheme provides all Oxford residents with an easy way to recycle unwanted textiles, supporting efforts to reduce household waste, deter fly-tipping, and protect the environment. 

    A partnership for sustainability 

    The textile recycling service is operated in partnership with ODS and Recycling Solutions, a family-run company that collaborates with charities and local authorities across the UK. In Oxford, Recycling Solutions supports the Thames Valley Air Ambulance by raising funds through the sale of second-hand clothing. 

    Reducing waste and supporting communities 

    Textiles currently account for approximately 3% of household waste, with over a million tonnes going to landfill nationally each year. This new service ensures that, in Oxford, textiles are sustainably reused or repurposed, reducing environmental impact while also providing affordable clothing worldwide. 

    How the service works 

    Residents can arrange a kerbside collection through Recycling Solutions, who will provide details on when and where to leave items. Weekly collections are scheduled based on residents’ locations in Oxford. For more information and to book a collection, visit the Recycling Textiles webpage.  

    Items accepted include: 

    • clothing and shoes 

    • duvets, pillows, cushions, blankets, towels  

    • handbags 

    • wellington boots 

    Items not accepted include: 

    • rugs and mats. 

    All items must be clean and dry before collection. 

    Comment 

    “This new recycling service has really taken off and started to make a significant difference in only a short space of time. 

    “We had to close the on-street bring banks some time ago as they were becoming a target for fly-tippers. Now, together with our partners ODS and Recycling Solutions, we’re filling the recycling gap and at the same time providing a much-needed income stream for the Thames Valley Air Ambulance.” 
    Councillor Nigel Chapman, Cabinet Member for Citizen Focused Services and Council Companies 

    Additional recycling options 

    Residents can also drop off textiles at a new 24/7 recycling bank at Rose Hill Community Centre or take them to Redbridge Household Waste Recycling Centre.  

    Usable textiles can be donated to charity shops, shared with friends or family, sold in second-hand marketplaces, or repurposed creatively at home. 

    A free and inclusive service 

    The kerbside textile recycling service is completely free for Oxford residents, with no minimum amount required for collection. 

    An ethical recycling approach 

    Recycling Solutions ensure that collected clothing is ethically reused or recycled. High-quality items are sold to second-hand traders, primarily in Ukraine, while ‘end-of-life’ garments are repurposed into industrial materials, insulation, and new fibres.  

    The company follows a zero-waste policy, with proceeds benefiting Thames Valley Air Ambulance. 

    MIL OSI United Kingdom

  • MIL-OSI USA: Managers Can Help Their Gen Z Employees Unlock the Power of Meaningful Work − Here’s How

    Source: US State of Connecticut

    Finding fulfilling and motivating work is a challenge for many people, but it can be especially difficult for those just starting their careers. And as Generation Z professionals – those born between 1997 and 2012 – increasingly seek personalized career paths, managers are tasked with helping employees find meaning in their roles while also meeting organizational goals.

    Some managers may view Gen Z’s desire for meaningful work as a form of entitlement, but dismissing it can be costly. Research shows that employees who find their work meaningful experience greater job satisfaction, which directly boosts productivity. Meanwhile, ignoring this need can lead to higher employee turnover and “quiet quitting.” In short, helping younger employees find meaning on the job isn’t just good for them – it’s a smart business strategy.

    As business professors who study meaningful work, we wanted to understand how managers can help younger staff thrive. So one of us – Kelly Kennedy – conducted a research study at Baylor University in which she interviewed a range of Gen Z professionals. Then, together with leadership consultant Shanna Hocking, we analyzed the results to identify three crucial factors that can help managers unlock meaning for early-career professionals. These are self-knowledge, adding value, and relationships.

    By addressing these areas, managers can foster a supportive environment where Gen Z professionals thrive.

    The 3 keys to meaningful work

    Self-knowledge is about understanding who you are and what you value, and recognizing your strengths and weaknesses. Research shows self-awareness can be a powerful tool for creating a productive and engaged workforce.

    To help Gen Z employees develop self-knowledge, encourage them to reflect on what energizes and interests them. To get the ball rolling, you can ask them to think about their college experiences, internships and important personal milestones. These reflections can help them uncover patterns in what they enjoy and what drives their motivation.

    Additionally, many Gen Z professionals seek roles that align with their values. It’s common for them to focus on developing a sense of purpose that extends beyond a specific job title.

    For example, one young employee we interviewed, who works in fashion merchandising, told us, “I will make things beautiful and that will be my life.” This is a flexible sense of purpose – one that isn’t tied to any particular job, but rather to a bigger vision of impact. A smart manager will connect day-to-day tasks to employees’ larger goals, helping them see how their contributions fit into the bigger picture.

    Adding value at work comes down to two key things: feeling recognized and knowing one’s contributions make a difference. Our study found that adding value and feeling valued play a crucial role in shaping workplace meaning. For example, when asked what makes work meaningful, a Gen Z worker said, “being part of a team where you are able to contribute and directly see the impact of your work, regardless of the level you are at.”

    So, how do you make Gen Z employees feel recognized? It can be as simple as giving praise or as big as offering a raise. But for many young professionals, meaningful work goes beyond just perks – it’s about feeling like their efforts contribute to a larger goal and make a positive impact on society.

    Finally, how people get work done in the office is often tied to the relationships they have.

    Previous research has shown that Gen Z professionals are more likely to thrive in work environments that prioritize diversity and inclusion and encourage positive relationships between colleagues. Our conversations with Gen Z workers backed that up: They told us they valued quality relationships, collaboration, and support from managers and colleagues.

    Managers can foster this type of environment by encouraging team members to meaningfully connect. As a Gen Z private equity analyst shared with us, “When you work such long hours, it’s nice knowing there’s others in the trenches with you.”

    Building strong relationships with direct reports is also important. Gen Z professionals value being mentored by their managers and receiving regular feedback and honest communication. Research has shown connection at work is powerful for creating a meaningful environment of trust for employees of all ages.

    We also found that Gen Z appreciates being able to take risks – and potentially fail – in a safe space. That’s why mentorship programs can be impactful; they help young professionals develop skills, build confidence and find meaning in their work by providing a safe space for learning and growth.

    3 questions to unlock the power of meaningful work

    Reflection and coaching are powerful tools that help early career employees develop self-awareness, add value and build strong relationships. This work may seem daunting at first, but it’s easy to incorporate into the regular conversations you’re already having as a manager. To bring out the best in your Gen Z employees, start by asking three simple questions during your next one-on-one meeting.

    1. When have you felt most energized at work?

    Asking this question can help early career employees gain a deeper understanding of what motivates them. By identifying key moments, both you and the employee can gain valuable insight into their priorities and interests. Pay close attention to the specific aspects of their work that spark enthusiasm, and observe nonverbal cues such as body language and facial expressions – they can reveal just as much as words about what truly excites them.

    Make it a dialogue by sharing what you’ve noticed about the employee’s interests and discussing ways to tap into their motivations. Then, encourage the employee to find tasks and projects that align with their interests and bring them to the next one-on-one to discuss. From there, when assigning new tasks, be sure to highlight how the work connects to the employee’s interests and the organization’s larger goals.

    1. Where do you feel you contribute the most?

    This question helps early career employees recognize their strengths, allowing them to contribute more effectively and feel like a valued part of the team. As they respond, look for recurring themes in how they approach their work and the quality of their output.

    Help employees see the bigger picture by connecting their efforts to departmental objectives and the company’s overall mission. Highlight how their skills and contributions make a difference – not just in their own work but in supporting their colleagues and driving team success. And be on the lookout for opportunities to genuinely acknowledge their contributions in real time, as well as during performance reviews.

    1. Whom in the company do you want to learn from or work more closely with?

    Bringing up an employee’s work relationships in a one-on-one meeting might seem unconventional, but it’s a valuable opportunity to guide them in building strong partnerships. Plus, showing genuine interest in their connections reinforces your own relationship with them.

    As you discuss their workplace interactions, pay attention to whom they mention and why. Their responses can offer valuable insights into their career aspirations, potential collaboration opportunities and the relationships they find most meaningful.

    Also, remember: You don’t have to have all the answers. If a Gen Z employee comes to you with a question, use it as a chance to connect them with other team members or subject-matter experts. Encouraging them to seek out knowledge from others not only strengthens their network but also fosters a culture of continuous learning and collaboration.

    As Gen Z professionals seek more personalized and fulfilling career paths, managers play a critical role in supporting them. Helping early career team members reach their professional goals will, in turn, help organizations reach their own goals. So if you’re a manager, asking these three simple questions during one-on-one meetings can lead to happier, more motivated workers and a more productive and stable organization.

    Originally published in The Conversation.

    MIL OSI USA News

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Announces Progress in Initiation of Phase 1 Clinical Trial by Executing an Agreement with Contract Research Organization CellCarta to Manage Translational Assays

    Source: GlobeNewswire (MIL-OSI)

    Company continues toward the initiation of its Phase 1 Clinical Trial in AML for CER-1236

    SOUTH SAN FRANSCISCO, Calif., March 06, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces the execution of an agreement with contract research organization (CRO) CellCarta to manage translational assays for the Company’s upcoming Phase 1 clinical trial of CER-1236 for Acute Myeloid Leukemia (AML). This is important progress as the Company prepares to enroll patients in the trial, as CellCarta will be responsible for key data elements, including pharmacokinetics, cytokine secretion, and target detection. The CRO will also support our clinical trial sites with sample kitting, shipment, and overall logistics to ensure clinical sample integrity is maintained during transport to testing sites.    

    CEO Chris Ehrlich commented, “We are diligently working toward enrolling patients in our Phase 1 clinical trial and each new milestones brings us closer to that event. The collection of samples and testing their chemistry is an essential aspect of the clinical trial process in liquid tumors, as they provide key data readouts beyond the safety data in a Phase 1 trial. Further, we are collaborating with multiple additional organizations to ensure that all aspects of the trial, down to logistics and transportation of samples, are in place and ready for execution. Combined with our ongoing work in solid tumors, which we expect to report on in the near term, and the careful management of our resources, we remain optimistic about the progress of CERo Therapeutics and look forward to continuing regular communication.”

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo the timing and completion of the reverse stock split, and the acceptance and implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 2, 2024, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network

  • MIL-OSI Video: Train. Fight. WIN!

    Source: US Army (video statements)

    by Capt. Jennifer French

    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 #NATO #JustifiedAccord #StrongerTogether

    https://www.youtube.com/watch?v=besf8d0Ey6s

    MIL OSI Video

  • MIL-OSI Video: This factory in Chicago has been producing condiments, such as mayo for 100 years

    Source: World Economic Forum (video statements)

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=e87udKNq50w

    MIL OSI Video

  • MIL-OSI: Electric Hydrogen partners with Texas-based Titan to deliver modularized manufacturing for electrolyzer plants

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Texas, March 06, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, global manufacturer of high-power electrolyzer plants, announced its strategic partnership with Titan, a Texas-based leader in process equipment manufacturing, for the fabrication and assembly of its 100 megawatt (MW) electrolyzer plant product. This partnership underscores Electric Hydrogen’s commitment to support U.S. industrial competitiveness and development of a skilled, local workforce in the hydrogen industry.

    At Titan’s facility in Columbus, Texas, fabrication and assembly of Electric Hydrogen’s first commercial 100MW Plant—a solution that enables up to 60% lower total installed costs for electrolytic hydrogen—is complete. The partnership with Titan illustrates how growth in the hydrogen industry creates opportunities for expansion of energy businesses and jobs in Texas. To build Electric Hydrogen’s electrolyzer process skids, Titan deployed the same expertise and workers that it would have deployed to build traditional oil and gas infrastructure. This 100MW Plant project, which will support more than 300 good-paying jobs in the State, signals the beginning of a growing hydrogen industry in Texas.

    “By combining Electric Hydrogen’s proprietary advanced technology with Titan’s world-class process equipment fabrication expertise and facilities, we are able to deliver a superior electrolyzer solution at half the cost of others in the market,” said Raffi Garabedian, Electric Hydrogen’s CEO and Co-founder.

    To ensure reliable and rapid deployment, Electric Hydrogen’s fully-integrated 100MW Plant is pre-assembled and pre-tested before shipment to the customer site. This unique fabrication model leverages Titan’s excellence in high-volume chemical equipment production and rigorous quality practices.

    “Our team’s deep expertise and commitment to scalability through standardized processes are closely aligned with Electric Hydrogen’s modular product offering and we are thrilled to be bringing the 100MW Plant to customers to grow America’s hydrogen economy,” said Titan CEO Chris Werner.

    To learn more about Electric Hydrogen’s 100MW Plant, visit https://eh2.com/.

    About Electric Hydrogen
    Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today. The company’s complete 100 megawatt (MW) Plant includes all system components required to turn water and electricity into the lowest cost clean hydrogen. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts. To learn more about how critical industries leverage Electric Hydrogen’s advanced proton exchange membrane (PEM) technology, visit https://eh2.com/.

    Contact
    V2 Communications for Electric Hydrogen
    electrichydrogen@v2comms.com

    About Titan
    Titan Production Equipment (“Titan”) is a market leader in the design, engineering and manufacturing of Specialty Engineer-to-Order complex Separation and Processing & Treating equipment used in traditional oil & gas applications, as well as manufacturing a variety of clean energy products, including green hydrogen, sulfur recovery and carbon capture technologies. Titan Production Equipment has 365,000 square feet of manufacturing space in Columbus, Texas and has grown from an initial 42 employees in 2018 to a peak of 350 people in 2024. Titan is owned by a private equity fund controlled and managed by New York private equity firm Castle Harlan, Inc. (“Castle Harlan”). For more information about Titan, visit www.titanpeq.com.

    Contact
    info@titanpeq.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7c8d6ae2-42c9-4a19-acc4-6e6aa457dcc7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6ea7f82a-8ceb-4f77-9a49-f9d077f6d031

    https://www.globenewswire.com/NewsRoom/AttachmentNg/712a442b-4682-4cd3-9199-97d5eb843279

    The MIL Network

  • MIL-OSI: American Rebel Light Beer Continues Rapid National Retailer Rollout Momentum with Multi-Case Placement Throughout Balls Food Stores, a Leader in the Kansas City Metro Market for Over 100 Years 

    Source: GlobeNewswire (MIL-OSI)

    Nashville, TN, March 06, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), proudly reports that American Rebel Premium Light Lager Beer (“Rebel Light”) continues the ongoing rollout with Balls Food Stores (ballsfoods.com) under the Price Chopper, Hen House, Sun Fresh Market and Payless Discount Foods brands throughout the Kansas City metro market area.

    • American Rebel Light Beer Multi-Case Product Displays to Feature 12oz cases and our 16oz Stand Tall, Stand Proud, Be Loud Premium Light Lager.
    • American Rebel Light Beer is a Premium Domestic Light Lager with a crisp, clean and bold taste. Rebel Light Beer is all natural, with no added supplements.
    • Balls Food Stores Customers will be able to enter the “Scan to Win Promotion” With a Chance to Win an American Rebel Collectible Safe.

    Three Price Chopper (pricechopper.com) and two Hen House (henhouse.com) grocery store locations will have the collectible American Rebel safe on display to promote the American Rebel Light Beer Scan to Win promotion. Other participating locations will have a QR code in a display to enter to win the safe. All participating locations will have plenty of Rebel Light Beer stocked around the safe or the contest display.

    “We’ve had tremendous success in Tennessee with the Scan to Win promotion and when I brought the idea to David Ball, CEO of Balls Food Stores, he loved it and wanted to roll it out in all of his Kansas City area locations,” said American Rebel CEO Andy Ross. “Price Chopper is the official grocery store of the Kansas City Chiefs and their focus on fresh foods and local partnerships made them a perfect fit for supporting Rebel Light. My family has deep roots in the Kansas City area just like David’s family does. David’s grandfather, Sidney Ball, and his grandmother, Mollie Ball, started a small neighborhood grocery store on the corner of 16th and Stewart in Kansas City, Kansas in 1923. My dad, Bud Ross, started Kustom Electronics in Chanute, Kansas, in 1964. Balls Food Stores under the Price Chopper and Hen House brands and Rebel Light are a perfect match.”

    “I love what American Rebel stands for and I’m very excited to support this great product,” said David Ball, CEO Balls Food Stores (ballsfoods.com). “Andy’s energy and passion for his product is contagious and my job is sharing that energy and passion with our 3,000+ amazing teammates that are a part of the Balls Food Stores family. Our grocery store, as my grandfather said decades ago, is only as good as the people who work there. We are very blessed to have dedicated teammates who have created a great culture in our stores for our customers. And I think our customers will love Rebel Light!”

    “I wasn’t surprised that David Ball understood what American Rebel was all about,” said Andy Ross. “David is a true patriot and an American Rebel!”

    About American Rebel Light Beer

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About Balls Food Stores

    Balls Food Stores have come a long way since opening their first store in 1923. Today Balls Food Stores currently run 26 stores under the Price Chopper, Hen House, Sun Fresh Market, and Payless Discount Foods brands that spread throughout the Kansas City metropolitan area. Balls Foods’ ongoing commitment to fresh foods, partnering with local suppliers and outstanding customer service has enabled the company to not only grow, but thrive. For more information, visit ballsfoods.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.

    Media Inquiries:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of placements in Balls Food Stores, benefits of the Scan to Win program, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and our Quarterly Report on Form 10-Q for the nine months ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    Attachment

    The MIL Network

  • MIL-OSI: authID Publishes New Whitepaper on Next-Generation Deepfake Detection Technology

    Source: GlobeNewswire (MIL-OSI)

    Explore what deepfake creators are doing to evade detection, the impact of generative AI on deepfakes, the escalating threats in cybersecurity, and mitigation tactics to combat AI-driven fraud

    DENVER, March 06, 2025 (GLOBE NEWSWIRE) — authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today released a comprehensive whitepaper detailing innovative approaches to combat the rising threat of deepfake fraud in digital authentication systems. The whitepaper, titled “Deepfake Countermeasures,” provides crucial insights into deepfakes as the next generation in fraud attacks, as well as cutting-edge defensive strategies against presentation and injection attacks.

    The increasing sophistication of AI platforms means attackers can use a single photo to synthesize deepfake videos. authID’s report presents a critical framework for organizations to protect against a spike in identity fraud attempts and leverages authID’s proprietary multi-layered detection system, which achieves a billion-to-one false-match accuracy rate. authID’s platform detects the liveness of each authentication attempt, preventing the use of pictures, videos and deepfakes for spoofing identities, known as presentation attacks.

    “As deepfake technology continues to advance exponentially, traditional authentication methods are increasingly vulnerable,” said Rhon Daguro, CEO of authID. “Our report demonstrates that combining advanced AI with privacy-first, facial biometric authentication creates an unprecedented level of security while maintaining seamless user experience, including a market-leading matching speed of 35 milliseconds and unparalleled accuracy.”

    Integrating proven solutions to combat deepfake fraud is critical to the financial sector and other industries where inaccurate user authentication can lead to multi-million-dollar losses. Manual review of documents is believed to be successful at identifying sophisticated deepfakes less than 1% of the time and causes expensive and frustrating bottlenecks.

    With more than 2 in 5 fraud attempts in the financial sector currently fueled by AI, the industry has reached a tipping point in the fight against deepfakes. To stay well-positioned against the rising prevalence of AI-driven presentation and injection attacks, it is important that organizations implement proven authentication and verification platforms into existing or new workflows.

    Key highlights from the whitepaper include:

    • Analysis of emerging deepfake attack vectors, as well as the perceived accuracy and speed with which bad actors are creating these fraudulent assets
    • Overview of authID’s market-leading liveness detection technology, which uses a multilayered methodology to examine the visible and invisible artifacts present in an image, as well as the integrity of the camera itself
    • Implementation framework for enterprise-grade deepfake countermeasures, including efforts to safeguard the device of origin, to prevent insertion of fakes behind the camera in the form of an injection attack

    The whitepaper builds on authID’s recent launch of PrivacyKey™, the company’s revolutionary biometric solution that ensures secure authentication without storing sensitive facial data. This innovation, available in concert with the authID platforms Proof™ and Verified™, helps reduce fraud attempts while maintaining regulatory compliance and user privacy, as well as providing enterprises with critical key-rotation capabilities that ensure complete control of who can access sensitive data.

    “Deepfake fraud is no longer a theoretical risk—it’s a rapidly growing threat to businesses, financial institutions, and digital trust itself,” said Erick Soto, Chief Product Officer at authID. “Our latest whitepaper unpacks the evolving landscape of AI-driven fraud and the countermeasures needed to combat it. At authID, we are committed to staying ahead of these threats with our advanced biometric identity solutions, ensuring that enterprises can trust who’s behind the device in every interaction.”

    The complete whitepaper is available for download at https://authid.ai/dc.

    About authID

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. With our ground-breaking PrivacyKey Solution authID delivers all the benefits of biometric identity verification, with a 1-to-1-billion false match rate, while storing no biometric data. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, prevents account takeover, eliminates password risks and costs, and provides the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover.

    Media Contacts

    NextTech Communications
     Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    Gateway Group, Inc.
    Cody Slach and Alex Thompson
    1-949-574-3860
    AUID@gateway-grp.com

    The MIL Network

  • MIL-OSI: More than Eight out of Ten Dating App Users Want Platforms to Verify Age, Recency of Photos and Location

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 06, 2025 (GLOBE NEWSWIRE) — While consumers rely on dating apps to find romantic partners, the vast majority would like to feel more confident that other users are representing themselves accurately. A new report from TransUnion (NYSE: TRU) found that 85% of women and 87% of men believe that dating platforms should verify user information such as age, recency of photos, and location.

    Consumers cited inconsistencies with how people portray themselves on their profiles compared to how they appear in person. The most common complaint among men and women was that pictures were inaccurate or misleading. Women were twice as likely as men to say people lied about their age, while men were more likely to report being the victim of a bait and switch scheme.

    For these reasons, more than three quarters of users are willing to undergo background checks—a finding consistent across gender, age and geographic segments. These findings and more are available in TransUnion’s latest report, The Paradox of Online Dating: Convenience vs. Connection.

    “Consumers place a high value on trust when interacting online,” said Cecilia Seiden, VP of TransUnion’s Communities and Marketplaces business. “Dating platforms have an opportunity to provide that assurance to their users, while increasing user loyalty in the process.”

    What personal information users want platforms to verify

      Age Recency of Photos Location Employment Income
    Women 79% 64% 59% 33% 30%
    Men 81% 61% 58% 28% 23%
     

    About a quarter of respondents said they would be willing to pay for their own background check, while nearly 40% expressed a willingness to pay for background checks for both themselves and potential dates. Only a minority of users (18% of female and 15% of male respondents) said that background checks should be included in their membership fee. Implementing this kind of premium feature would increase users’ confidence in their matches and create an additional revenue stream for platforms.

    Romance scams remain an issue
    In addition to the more benign misrepresentations or exaggerations, the report found a prevalence of fraud in the online dating experience. Across all demographics, at least 70% of dating app users said they were somewhat or very concerned about scams, indicating enhanced demand for trust and safety.

    More than a quarter (28%) of dating app users reported being victimized by catfishing. More than one in five (21%) had been victimized by romance scammers asking for money and phishing schemes to obtain more personal information.

    “Dating makes people inherently vulnerable, more than any other online interaction or activity, because people want to form a genuine connection,” said Seiden. “Dating platforms have the ability to leverage robust identity data to verify that someone is who they say they are. Doing so would not only offer financial protection against scams but would make it easier for people to put themselves out there in good faith and make the connection they’re looking for.”

    Dating platforms can increase confidence among users by incorporating identity verification tools, like TransUnion’s TruValidate™ line of solutions.

    To read the full dating report, The Paradox of Online Dating: Convenience vs. Connection, click here.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact   Dave Blumberg
    TransUnion
    E-mail   david.blumberg@transunion.com
    Telephone   312-972-6646

    The MIL Network

  • MIL-OSI: Aterian Sets Date for Fourth Quarter & Full Year 2024 Earnings Announcement & Investor Conference Call

    Source: GlobeNewswire (MIL-OSI)

    SUMMIT, N.J., March 06, 2025 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a technology-enabled consumer products company, today announced that it will issue its financial results for the fourth quarter and full year ended December 31, 2024 on Tuesday, March 18, 2025 after the close of the stock market. The Company will host a corresponding conference call at 5:00 p.m. ET that day to discuss the results.

    Investors interested in participating in the live call can dial:

    • (800) 715-9871 (Domestic)
    • (646) 307-1963 (International)
      Passcode: 3432648

    Participants may also access the call through a live webcast at https://ir.aterian.io. The archived online replay will be available for a limited time after the call in the investors section of the Aterian corporate website.

    About Aterian, Inc.
    Aterian, Inc. (Nasdaq: ATER) is a technology-enabled consumer products company that builds and acquires leading e-commerce brands with top selling consumer products, in multiple categories, including home and kitchen appliances, health and wellness and air quality devices. The Company sells across the world’s largest online marketplaces with a focus on Amazon, Walmart and Target in the U.S. and on its own direct to consumer websites. Our primary brands include Squatty Potty, hOmeLabs, Mueller Living, PurSteam, Healing Solutions and Photo Paper Direct. To learn more about Aterian and its brands, visit aterian.io

    Contact: 
    The Equity Group

    Devin Sullivan
    Managing Director
    dsullivan@equityny.com

    Conor Rodriguez
    Associate
    crodriguez@equityny.com

    The MIL Network

  • MIL-OSI: Baker Hughes and Woodside Energy Announce Collaboration Framework to Develop Small-Scale Decarbonization Solution Utilizing Net Power Platform

    Source: GlobeNewswire (MIL-OSI)

    • Joint initiative to develop a lower carbon power generation technology solution specifically designed for oil and gas, heavy industries and other smaller scale applications
    • Collaboration framework focuses on assessing feasibility and scalability of Net Power’s platform and is open to other potential contributors

    HOUSTON and LONDON, March 06, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, and Woodside Energy (ASX: WDS; NYSE: WDS), a leading Australian energy company, announced Thursday a joint initiative to develop a lower carbon power generation technology solution utilizing the Net Power (NSYE: NPWR) platform that is specifically designed for oil and gas (including LNG), heavy industries and other smaller scale applications.

    Building on their 2022 Memorandum of Understanding (MoU), which aimed to advance the decarbonization of the natural gas supply chain, Baker Hughes and Woodside have now signed a Technology Development Agreement (TDA), to develop the small-scale Net Power platform. The patented Net Power platform works by utilizing natural gas to generate affordable power while inherently capturing nearly all carbon dioxide (CO2) emissions.

    Baker Hughes and Woodside aim to bring other development partners into the program to tailor the concept to the continuously evolving requirements of different captive power generation segments.

    Through the TDA, the program will also focus on assessing feasibility and industrial market scalability of Net Power’s platform.

    Baker Hughes is the exclusive provider of the small-scale application of the Net Power platform, and the TDA will benefit from the development and testing currently ongoing both at Net Power’s La Porte, Texas, demonstration facility and the company’s planned first utility-scale power plant near Midland, Texas.

    “We are excited to continue our collaboration with Baker Hughes and leverage their leading-edge technology and our combined engineering and CCUS capabilities to explore and develop lower-carbon emissions alternative power solutions using Net Power’s platform,” said Woodside Executive Vice President Technical and Energy Development Julie Fallon. “This agreement further strengthens our long-standing relationship across the natural gas value chain and our shared journey in the energy transition.”

    “Baker Hughes is committed to providing innovative solutions that support the decarbonization of the energy and industrial sectors, and we are honored to share this journey with our long-standing customer Woodside Energy,” said Alessandro Bresciani, senior vice president of Climate Technology Solutions at Baker Hughes. “We believe this framework represents the partnerships and collaborations necessary to develop and scale the energy solutions that support decarbonization while also meeting the world’s growing energy demand.”

    “Net Power applauds the enhanced collaboration between Woodside and our partner Baker Hughes. This work has the potential to bring our technology platform to a broader array of end markets and applications, complementing our utility-scale program and strategy,” said Danny Rice, chief executive officer of Net Power. “Today’s announcement is a tangible commitment to continue technology innovation and market development for the Net Power platform and to bring ultra-low emissions energy solutions to a power-hungry world.”

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Woodside Energy
    Woodside is a global energy company founded in Australia, providing reliable and affordable energy to help people lead better lives.

    For more information, please contact:

    Baker Hughes Media Relations
    Chiara Toniato
    +39 3463823419
    chiara.toniato@bakerhughes.com 

    Woodside Energy Media Relations
    Rob Young
    +1 281-790-2805
    robert.young@woodside.com

    Baker Hughes Investor Relations
    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network

  • MIL-OSI: Regula Increases Its Global User Base by 52% Amid Rising Identity Verification Demands

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., March 06, 2025 (GLOBE NEWSWIRE) — Regula, a global developer of forensic devices and identity verification (IDV) solutions, is now providing advanced IDV software technologies to 152 million online users worldwide. This new milestone marks an impressive growth of 52% compared to the previous year. Among the main drivers of wider IDV adoption, Regula points out the rising need for advanced anti-fraud solutions, regulatory shifts, and digital transformation initiatives.

    Countries with the most notable Regula’s client base increase, as up to the beginning of 2025

    The increasing adoption of Regula’s document and biometric verification solutions highlights a growing demand for secure and user-friendly IDV workflows in key sectors, including finance, e-commerce, government services, travel, and more. This strong year-to-year growth demonstrates that businesses are proactively adapting to the rapidly changing ID verification landscape with Regula’s complete IDV solution, which includes document authenticity checks, biometric verification, liveness detection, and deepfake prevention.

    Regional highlights

    From stricter KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations in North America and Europe to erupting digital identity initiatives in Asia to booming fintech services in Latin America and the Middle East, identity verification is becoming an essential part of digital interactions. Here’s how different markets are driving Regula’s IDV adoption growth.

    North America

    • Key drivers: Rising fraud incidents and threats (according to Regula’s survey,* 96% of US businesses faced identity fraud in 2024) plus regulatory pressure.
    • Country highlight: The US (+55%) – Increased adoption of AI-driven fraud prevention and stronger authentication in financial services and e-commerce.

    Europe

    • Key drivers: Stricter regulations (GDPR, AMLD), the European Digital Identity Wallet initiative, and fintech expansion.
    • Country highlights:
      • The UK (+122%) – Post-Brexit compliance shifts and growth in digital banking.
      • Germany (+123%) – Strong data privacy laws and high demand for authenticity checks in digital scenarios.

    META (Middle East, Türkiye, and Africa)

    • Key drivers: Digital government initiatives, fintech growth, and a push for AI-driven security.
    • Country highlight: The UAE (+112%) – Rapid adoption of digital identity verification solutions due to its ambitions to become a leader in AI, fintech, and smart city innovations.

    APAC (Asia Pacific)

    • Key drivers: Booming digital payments, financial inclusion efforts, and strong government support for digital identity solutions.
    • Country highlights:
      • Singapore (+102%) – A financial hub with widespread digital banking and government-backed digital ID systems like Singpass.
      • Australia (+188%) – AML regulations and age verification initiatives.

    Latin America

    • Key drivers: Explosive fintech growth, mobile banking expansion, and high fraud rates requiring stronger ID verification techniques.
    • Country highlights:
      • Mexico (+156%) – Rapid adoption of digital payments and financial services.
      • Colombia (+241%) – The fastest-growing market, driven by fintech expansion and government-led digital ID initiatives.

    “The growth across these markets is a direct response to regulatory developments, digital transformation efforts, and the increasing sophistication of fraud – all the factors that make identity verification paramount. As businesses and governments worldwide accelerate their adoption of digital solutions, they face the complex challenge of ensuring security and compliance while maintaining a low-effort user experience. Additionally, the ever-rising cyber and identity fraud threats have made advanced IDV not just a regulatory requirement but a fundamental business necessity. By leveraging our decades-long expertise in forensic level document and biometric verification, we deliver comprehensive, future-proof solutions and help our customers build secure and user-friendly IDV workflows,” says Henry Patishman, Executive VP of Identity Verification Solutions at Regula.

    No compromise on security, efficiency, or compliance

    To help businesses and government institutions fight identity fraud effectively, Regula offers a complete IDV solution, comprising Regula Document Reader SDK and Regula Face SDK. This on-premise software performs extensive document and biometric authenticity checks, enables data cross-validation to spot discrepancies that might indicate fraud, and ensures sensitive personal data privacy.

    With more than 14,800 identity document templates from 251 countries and territories, Regula provides businesses with the industry’s most comprehensive ID template database. This asset allows for accurate identity verification regardless of the provided document, which is especially important for financial institutions, travel companies, and global businesses.

    Regula’s ID verification software is fully compatible with most third-party document readers, allowing organizations to adopt advanced offline ID verification without investing in new hardware.

    Also, Regula’s IDV technologies are inherently future-ready, supporting emerging standards such as ISO/IEC 39794-5 for biometric passport verification and Digital Travel Credentials (DTCs) aimed at streamlining travel and border crossing.

    Regula’s hardware and software solutions are trusted by more than 1,000 organizations all over the world. Among them:

    • UBS, the world’s largest private bank, has implemented a robust customer onboarding system powered by Regula’s comprehensive ID verification technologies.
    • Checkport, a Swiss aviation security provider, utilizes Regula’s identity verification solutions to enhance passenger screening and security protocols.
    • Pearson VUE, a global leader in online testing, relies on Regula to authenticate candidate identities for high-stakes remote exams.

    To learn more about Regula’s technologies and offerings, please visit Regula’s website.

    *The research was initiated by Regula and conducted by Sapio Research in August 2024 using an online survey of 575 business decision-makers across the Financial Services (including Traditional Banking and Fintech), Crypto, Technology, Telecommunications, Aviation, Healthcare, and Law Enforcement sectors. The respondent geography included Germany, Mexico, the UAE, the US, and Singapore. Find more insights on deepfake fraud in the survey report.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regulaforensics.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/47df2109-e416-4f49-a77f-7a950ba1d8c1

    The MIL Network

  • MIL-OSI: Stocktwits Announces 2025 Cashtag Awards Nominees and eToro as Title Partner

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) —

    The Awards celebrate the best people and products shaping the future of trading and investing.
    Stocktwits, the leading social platform for investors and traders, is excited to announce the nominees for the highly anticipated 2025 Cashtag Awards and eToro, the trading and investing platform that empowers you to invest, share and learn, as the event’s inaugural Title Partner. The annual awards celebrate the individuals, products, and platforms shaping the future of digital finance and trading. 

    Award winners will be decided by the passionate Stocktwits community of 10 million registered users and a panel of industry leaders will serve as tiebreakers. Voting on category winners begins today at Stocktwits.com or on the Stocktwits app. Winners will be honored at the 2025 Cashtag Awards Presented by eToro event on April 30, 2025, at The Stand in New York City, with a live stream available for Stocktwits’ global audience. The event will honor the best in financial content, market analysis, and retail investing, reinforcing Stocktwits’ role as the premier platform for real-time financial conversations.

    “At Stocktwits, we’re proud to celebrate the visionaries and platforms shaping the future of finance,” said Howard Lindzon, Founder and CEO of Stocktwits. “With eToro as our globally respected Title Partner, we’re taking the Cashtag Awards to new heights by bringing together the investing community for an unforgettable celebration of innovation in the financial world.”

    Co-founder and CEO of eToro, Yoni Assia, commented: “eToro’s vision is a world where everyone can trade and invest. We believe there is power in shared knowledge and that we can become more successful by investing together. This latest collaboration with Stocktwits celebrates the growth of retail investing and the power of community.”

    eToro shares Stocktwits’ mission of empowering retail investors through community-driven insights and innovative tools. For more information, to purchase tickets, and to follow the event, users can visit https://cashtag.stocktwits.com.

    The award categories and nominees for the 2025 Cashtag Awards are as follows:

    • Cashtag of the Year

    Honoring the stock or ticker symbol that captivated the online investing community through unparalleled engagement, remarkable company performance, or both. As the signature award, it highlights the fusion of market impact and social media resonance, showcasing the power of digital discourse.

    • $NVDA
    • $PLTR
    • $TSLA
    • $MSTR
    • Cashtag Legend Award

    Awarded to an individual whose groundbreaking contributions have permanently shaped the investing landscape. This honoree embodies innovation, thought leadership, and the profound impact on how investors engage with the markets. Reserved for someone whose influence will be remembered for generations to come.

    • Vlad Tenev
    • Brian Armstrong
    • Stocktwits Community Member of the Year 

    Awarded to the member who exemplifies what it means to be a cornerstone of the Stocktwits community. This person fosters connection, shares invaluable insights, and elevates discussions to empower fellow traders and investors.

    • G Paisa
    • DonCorleone77 
    • Microm
    • Professor 
    • Financial Content Creator of the Year

    Honoring the individual, podcast, or live show that sets the gold standard for financial content. This award celebrates exceptional storytelling, insightful market analysis, and actionable advice delivered through engaging and accessible formats. The winner demonstrates an unparalleled ability to educate, entertain, and inspire investors while elevating the conversation around the financial world.

    • Josh Brown and Michael Batnick
    • Austin Hankwitz and Robert Croak
    • Shay Boloor
    • Charlie Bilello
    • Crypto Investor of the Year

    Awarded to the individual whose insights, strategies, and community engagement have made the most significant impact on the cryptocurrency space. This influencer represents the forefront of innovation, education, and leadership in the fast-evolving world of crypto.

    • Joe McCann
    • Raoul Pal
    • Michael Saylor
    • Chris Dixon
    • Investing Product of the Year 

    Recognizing the trading software that provides unparalleled tools, analytics, and user experience. This award highlights the platform that empowers traders to execute their strategies with precision, speed, and confidence.

    • TradingView
    • Quartr
    • Koyfin
    • MarketSurge
    • Best AI Financial Product

    This award recognizes the most innovative and impactful AI-driven financial product that is revolutionizing how investors, traders, and institutions navigate the markets. The winner leverages artificial intelligence to enhance decision-making, optimize trading strategies, improve risk management, or unlock new insights from financial data. Whether through predictive analytics, automation, or next-generation research tools, this award celebrates the product that best showcases AI’s potential to reshape the financial landscape.

    • Finchat
    • Perplexity
    • Fintool
    • ChatGPT
    • Best Retail Brokerage

    Awarded to the brokerage that provides the best overall experience for retail investors. The winner excels in offering a seamless trading platform and cutting-edge tools. Whether through innovative features, educational resources, or superior execution, this brokerage empowers traders of all levels to succeed in today’s markets.

    • Robinhood
    • eToro
    • WeBull
    • Moomoo
    • Market Newsletter of the Year

    This award recognizes the market newsletter that delivers the most insightful, timely, and engaging content to investors and traders. The winner demonstrates excellence in market analysis, actionable insights, and a unique perspective that helps readers navigate financial trends with confidence. Whether through deep dives into economic forces, stock market breakdowns, or expert commentary, this award honors the go-to newsletter that investors trust.

    • Bloomberg Money Stuff
    • Daily Rip
    • Opening Bell Daily
    • Kobeissi Letter
    • Chartist of the Year

    Honoring the technical analyst who demonstrated exceptional skill in reading and interpreting charts. The winner of this award uses their expertise to uncover trends, predict movements, and provide valuable insights that guide others in navigating the markets.

    • Helene Meisler
    • Dr. Stoxx
    • J.C. Parets 
    • Larry Thompson
    • Best Educational Content Creator

    Awarded to the individual or organization that has provided the most valuable, engaging, and accessible educational content for traders and investors. This winner demonstrates a commitment to demystifying the markets and empowering audiences with knowledge that drives better decision-making.

    • Brad Freeman
    • Bob Elliott
    • Wolf Financial
    • Brian Shannon
    • Best New ETF

    Awarding the ETF that made the most significant impact on the market or filled an innovative niche. The winner demonstrates exceptional performance, unique positioning, and alignment with current investor interests, representing the cutting edge of fund innovation.

    • iShares Bitcoin Trust – $IBIT 
    • T-Rex 2X Long MSTR Daily Target ETF – $MSTU 
    • YieldMax MSTR Option Income Strategy ETF – $MSTY 
    • Fundstrat Granny Shots US Large Cap ETF – $GRNY
    • Best Trade of the Year

    Recognizing the single most exceptional trade of the year, this award celebrates strategic brilliance, impeccable timing, and a bold vision that led to outstanding returns. The winner exemplifies mastery of market dynamics and risk-taking that redefines success.

    • ACInvestorBlog – PLTR Long since $20
    • Splicinglass – ASTS Bull, +800% since messages
    • TheHonestAbe – RKLB Bull since $5 average
    • GPaisa – APP Bull, up 400% in 8 months

    About Stocktwits
    Stocktwits is the premier social media platform dedicated to investors and traders. With an active community of over 10 million users, Stocktwits has established itself as a leading voice in the investing world. Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of community interaction, data, content, and tools that empower investors to connect, learn, and have fun in the process. For more information, users visit stocktwits.com.

    About eToro
    eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have over 38 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.

    Contact

    Michael O’Connor
    moconnor@stocktwits.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4298eee2-6797-4fbf-b657-399ae3aca92e

    The MIL Network

  • MIL-OSI: LM Funding America Announces February 2025 Production and Operational Update

    Source: GlobeNewswire (MIL-OSI)

    LuxOS firmware upgrade completed, improving fleet efficiency

    – Bitcoin HODL 165.8 BTC as of February 28, 2025 valued at $14.6 million or $2.85 per share1

    TAMPA, Fla., March 06, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended February 28, 2025.

    Metric Dec 2024 Jan 2025 Feb 2025
    – Bitcoin2      
    – Mined, net 7.0 8.0 8.1
    – Sold (4.0)
    – Purchased 5.0
    – Service Fee (0.5)
    – Bitcoin HODL 150.2 158.2 165.8
    – Machines2      
    – Operational 3,681 5,121 5,121
    – Storage 2,159 719 719
    – Total Machines 5,840 5,840 5,840
    – Hashrate (EH/s2)      
    – Oklahoma 0.29 0.43 0.43
    – Hosted 0.13 0.13 0.13
    – Energized 0.42 0.56 0.56
    – Storage 0.21 0.07 0.07
    – Total 0.63 0.63 0.63
           

    “The LuxOS firmware upgrade we implemented in February is delivering measurable results, increasing Bitcoin production without adding more machines, despite February being a shorter month,” stated Bruce Rodgers, Chairman and CEO of LM Funding. “This is a snapshot of our business strategy; mine Bitcoin profitably and efficiently, while strengthening our balance sheet and positioning ourselves for further expansion.”

    The Company estimates that the value of its 165.8 Bitcoin holdings on February 28, 2025, was approximately $14.6 million or $2.85 per share, based on a Bitcoin price of approximately $88,100 as of March 5, 2025.

    _______________
    1 Calculated using 5,133,412 shares outstanding as of 12/31/24 from SEC Form S-3 filed January 13, 2025
    2 Unaudited

    About LM Funding America
    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements
    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, uncertainty created by the risks of operating in the cryptocurrency mining business, uncertainty in the cryptocurrency mining business in general, problems with hosting vendors in the mining business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, the ability to finance and grow our cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the potential need for additional capital in the future, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry.  The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact: 

    Investor Relations
    Orange Group
    Yujia Zhai
    LMFundingIR@orangegroupadvisors.com 

    The MIL Network