Source: Microsoft
Headline: A small consultancy firm in Puerto Rico adopts AI — helping other businesses thrive
Source: Microsoft
Headline: A small consultancy firm in Puerto Rico adopts AI — helping other businesses thrive
Source: GlobeNewswire (MIL-OSI)
COLUMBIA, Md., Feb. 11, 2025 (GLOBE NEWSWIRE) — Hackers are getting faster, craftier, and harder to spot. Today, Huntress, the cybersecurity company purpose-built to protect businesses of all sizes, exposes their playbook with the Huntress 2025 Cyber Threat Report, an extensive analysis of hacker activity that draws insights from over three million endpoints across thousands of organizations. The report reveals how threat actors adapted their tradecraft throughout 2024, using sophisticated tools and techniques across industries to maximize efficiency and profits.
In 2024, the gap between attack sophistication on large and smaller businesses nearly disappeared. Hackers took the methods and strategies tested on larger companies and applied them to organizations of every size. Advanced evasion techniques—once exclusive to advanced persistent threats—became the new normal, including endpoint detection and response (EDR) tampering, bring your own vulnerable driver (BYOVD) privilege escalations, and User Account Control (UAC) bypasses.
The takedown of major ransomware groups like LockBit and Dharma didn’t slow down attacks either—it opened the door for smaller, more agile groups and rebranded operations. Among them, Lynx—which shares many similarities with and is widely believed to be a rebranding of INC ransomware—RansomHub, a sub-group of LockBit, and Akira all ramped up their activity significantly compared to 2023.
Over the past year, Huntress tracked ransomware incidents from Lynx, Akira, and RansomHub, with incidents from these groups increasing by 7.9%, 11.6%, and 15.3%, respectively. By giving affiliates higher percentage payouts, often reaching 80–90% of the ransom, and pursuing a quantity-over-quality approach, the three collectively accounted for 54% of all ransomware incidents observed by Huntress in 2024. These groups used ‘smash-and-grab’ tactics, quickly deploying ransomware, demanding payment, and hitting their goals with swift and efficient network infiltration to minimize dwell time and evade detection. While the average time-to-ransom (TTR)—the time from initial access to ransomware deployment—was shy of 17 hours, Akira and RansomHub’s came in around six hours, with Lynx not far behind at seven hours.
“Ransomware-as-a-Service (RaaS) groups like Lynx, Akira, and RansomHub have industrialized cybercrime, adopting a ‘quantity over quality’ approach to maximize profits. By providing affiliates with streamlined playbooks and toolkits, they’ve made launching attacks deceptively simple and incredibly lucrative,” said Greg Linares, Principal Threat Intelligence Analyst. “The rise of RaaS groups such as these has led to increased attacks on businesses of all sizes with sophisticated techniques, once reserved for attacks on large enterprises, now becoming commonplace.”
Key trends in the Huntress 2025 Cyber Threat Report include:
“Hacker tradecraft is evolving fast, with ransomware groups growing bolder, attacks becoming harder to detect, and phishing scams reaching new levels of sophistication,” added Jamie Levy, Director, Adversary Tactics. “To stay ahead, organizations need a well-rehearsed incident response plan, ongoing vulnerability assessments, timely patching, and security awareness training that actually sticks. Key controls like endpoint detection and response, network segmentation, and identity and access management are also critical to minimizing risk. With ransomware deployed within hours of initial access, taking proactive steps now is essential to minimizing the impact of a breach.”
Additional resources:
About Huntress
Huntress is the enterprise-grade, people-powered cybersecurity solution for all businesses, not just the 1%. With fully owned technology developed by and for its industry-defining team of security analysts, engineers, and researchers, Huntress elevates underresourced tech teams whether they work within outsourced environments (OIS) or in-house IT and security teams (IIS).
The 24/7 industry-leading Huntress Security Operations Center (SOC) covers cyber threats for OIS and IIS through remediation with a false-positive rate of less than 1%. With a mission to break down barriers to enterprise-level security and always give back more than it takes, Huntress is often the first to respond to major hacks and threats while protecting its partners, and shares tradecraft analysis and threat advisories with the community as they happen.
As long as hackers keep hacking, Huntress keeps hunting. Join the hunt at www.huntress.com and follow us on X, Instagram, Facebook, and LinkedIn.
Huntress Contact:
Aaron Deal
press@huntresslabs.com
Source: GlobeNewswire (MIL-OSI)
The first-of-its-kind fuel discount program offers drivers nationwide up to $2 off per gallon of gas or $40 in savings per fill up at any ARKO location
RICHMOND, Va., Feb. 11, 2025 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, and its subsidiary GPM Investments, today has launched its ‘Fueling America’s Future’ campaign, offering customers significant savings at the pump with the long-term goal of slashing gas prices in America. This promotion, which has never been done by any gas station nationwide, can save consumers up to $40 per fill up through the ability to stack discounts earned through qualifying purchases for anyone enrolled in the Company’s free loyalty program, fas REWARDS®.
This campaign is built on the belief that we must do more to address the needs of working Americans, particularly in mitigating the substantial expense of fuel. With thousands of convenience stores and QSR destinations, ARKO has helped lower costs for everyday essentials, from groceries to fuel, through ongoing promotions and value-driven discounts. In 2025, the Company will prioritize price cuts at the pump in its promotions to do its part in fueling America’s future.
“Gas prices are high, and our customers feel it every time they fill up. It’s putting a strain on families, small businesses, and household budgets,” said Arie Kotler, Chairman, President, and Chief Executive Officer of ARKO. “We’re in a moment of renewed economic awareness, where businesses have a responsibility to support working Americans. Fueling America’s Future is our way of stepping up, helping to ease that burden, and providing meaningful savings at the pump.”
Fas REWARDS® members are eligible for fuel savings by buying qualifying items and receiving cents off fuel rewards that will go into their “virtual wallet.” These rewards can be stacked, allowing customers to accumulate up to $2 off per gallon subject to state restrictions. In addition, they’ll earn points on qualifying purchases, which can also be redeemed for fuel discounts. This unique offer helps fas REWARDS® members save money at the pump and lower their everyday expenses.
“Fueling America’s Future demonstrates how customer-driven solutions can help lower costs for families, ultimately strengthening the national economy,” continued Kotler. “By reducing fuel prices, we’re putting more money back into consumer pockets and supporting local communities so they can free up spending on other essential goods.”
The above-mentioned promotions are available to enrolled loyalty members across ARKO’s more than 1,350 branded retail stores, including fas mart®, E-Z mart®, Scotchman®, Roadrunner Markets, fastmarket®, village pantry®, Handy Mart and Pride retail stores.
As of 2024, the fas REWARDS® program has approximately 2.3 million enrolled members. Download the free app today to begin saving with better deals. To learn more, visit: www.fasrewards.com.
About ARKO Corp.
ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, we operate A Family of Community Brands that offer delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. Our high value fas REWARDS® loyalty program offers exclusive savings on merchandise and gas. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites; and fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.
Forward-Looking Statements
This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, ARKO’s expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by use of words such as “anticipate,” “aim,” “believe,” “continue,” “could,” “estimate,” “expect,” “guidance,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and the negative of these terms, and similar references to future periods. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things, changes in economic, business and market conditions; ARKO’s ability to maintain the listing of its common stock and warrants on the Nasdaq Stock Market; changes in its strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; expansion plans and opportunities; changes in the markets in which it competes; changes in applicable laws or regulations, including those relating to environmental matters; market conditions and global and economic factors beyond its control; and the outcome of any known or unknown litigation and regulatory proceedings. Detailed information about these factors and additional important factors can be found in the documents that ARKO files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. ARKO does not undertake an obligation to update forward-looking information, except to the extent required by applicable law.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9988cefb-6aab-4e05-a82d-7c869858dcef
Source: Bank of Botswana
The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 19 February 2025. The summarised results of the auction held on 11 February 2025, are attached below:
BOBC Auction Results – 11 February 2025.pdf
Source: GlobeNewswire (MIL-OSI)
SAN DIEGO, Feb. 11, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Carmen M. Lex Jr., CFP®, RICP®, and Chris Lex, CRPC®, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. The brothers reported serving approximately $630 million in advisory, brokerage and retirement plan assets* and join LPL from Corebridge Financial, formerly Valic, a subsidiary of AIG.
Based in Marlton, N.J., Carmen and Chris have built a reputation for delivering tailored investment strategies and quality service since they teamed up in 2014. They specialize in financial planning, and both have significant experience in pension and social security analysis, including the intricacies of the Public School Employees’ Retirement System. The Lex brothers credit their grandmother and parents as inspiration for their financial journey.
“We had a lot of people who guided us to where we are today, especially our grandmother who taught us the importance of saving from a young age,” said Chris Lex. “That fueled our drive to help others with important financial decisions. We are committed to educating and empowering individuals and families to take control of their financial futures.”
Why they made the move to LPL Financial
After more than 15 years in the industry, Carmen and Chris realized their shared vision for delivering personalized, independent financial guidance. They decided to reshape their approach, prioritize independence and build a firm focused on providing tailored strategies and exceptional client service. This spurred their move to LPL and the creation of Lex Wealth Management.
“As we work with more clients in the distribution phases, we realized there are more personalized options available to us as independent advisors,” said Carmen. “By joining LPL Financial, we’ll benefit from innovative technology, strategic business resources, a comprehensive product selection and the support of an industry-leading wealth management firm. This move gives us everything we need to be better advisors and do right by our clients.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We extend a warm welcome to Carmen and Chris and congratulate them on the move to independence. With more freedom and flexibility, financial advisors who choose LPL are able to work more effectively, run thriving practices and create value for the evolving needs of their clients. We look forward to supporting Lex Wealth Management for years to come.”
Related
Advisors, learn how LPL Financial can help take your business to the next level.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. Lex Wealth Management and LPL are separate entities.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2024.
Media Contact:
Media.relations@LPLFinancial.com
(704) 996-1840
Tracking #690597
Source: GlobeNewswire (MIL-OSI)
BOSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — QuEra Computing, the leader in neutral-atom quantum computing, today announced it has successfully completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, reinforcing the company’s position at the forefront of quantum innovation.
The investment comes from new investors, including Google (previously announced), SoftBank Vision Fund 2, Valor Equity Partners, and others. They join QuEra’s existing investors, including QVT Family Office, Safar Partners, and all other major existing investors, who all participated. Of the $230M, $60 million will be received in the near future upon satisfying a prerequisite funding condition, currently in progress. This financing validates the considerable technical breakthroughs achieved by QuEra in collaboration with Mikhail Lukin, Markus Greiner, and their teams at Harvard, as well as Vladan Vuletic and his team at MIT. This financing was also made possible by QuEra’s commercial progress with major customers such as AIST, as well as the new strategic partnerships the company has cultivated.
“This round represents a significant milestone for QuEra as we continue to deliver on our promise of scalable, fault-tolerant quantum computing,” said Andy Ory, Interim CEO of QuEra. “Since our last funding round in 2023, we have achieved impressive scientific, technical, and commercial milestones, which have dramatically increased the value of our business. This new investment will fuel our next phase of growth, enabling us to deliver large-scale quantum solutions that address critical business challenges for our customers.”
“We believe quantum computing has the potential to revolutionize industries, and QuEra is at the forefront of making this technology accessible and transformative,” said Kentaro Matsui, Managing Partner of SoftBank Investment Advisers. “We are excited to support QuEra as it pioneers the next generation of computation, unlocking new possibilities in AI and beyond.”
“As early backers of QuEra, we are pleased to both significantly increase our investment and to welcome this new group of outstanding investors,” said Arthur Chu, QuEra board member and managing member of QVT. “We believe that this new capital will allow QuEra to extend its technological and commercial leadership in fault-tolerant quantum computing.”
Takuya Kitagawa, President of QuEra, says, “We are deeply grateful for the continued confidence of our existing investors and excited to welcome new strategic partners who believe in our team and share our long-term vision. Their support strongly advances our mission: to accelerate innovation by building scalable, useful, and fault-tolerant quantum computers.”
Ed Durkin, CFO of QuEra, added, “We are pleased to announce this very significant and successful financing. All our major existing investors have shown strong support by participating in this transaction, and we are thrilled to welcome such high-quality and knowledgeable new strategic and financial investors like Google and SoftBank Vision Fund, who share our long-term vision. This funding structure, coupled with our growing organic revenue stream, provides flexibility as we hit our development targets and scale production and provides the Company with a very long financial runway over the next several years.”
With this funding, QuEra will:
QuEra’s continued momentum highlights the growing market demand for fault-tolerant quantum systems, which are poised to revolutionize industries such as finance, pharmaceuticals, logistics, and cybersecurity.
About QuEra
QuEra Computing is the leader in developing and productizing quantum computers using neutral atoms, widely recognized as a highly promising quantum computing modality. Based in Boston and built on pioneering research from Harvard University and MIT, QuEra operates the world’s largest publicly accessible quantum computer, available over a major public cloud and for on-premises delivery. QuEra is developing useful, scalable and fault-tolerant quantum computers to tackle classically intractable problems, becoming the partner of choice in the quantum field. Simply put, QuEra is the best way to quantum. For more information, visit us at quera.com and follow us on X or LinkedIn.
Media Contact
Merrill Freund
press@quera.com
+1-415-577-8637
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) — With the price of bitcoin once again trading below $100,000, many analysts believe it will enter a long period of high volatility. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.
What Is 100x Leverage and How Does It Work?
Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:
Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.
One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.
With BexBack’s deposit bonus
BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.
Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.
How Does the 100% Deposit Bonus Work?
The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.
About BexBack?
BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.
Why recommend BexBack?
No KYC Required: Start trading immediately without complex identity verification.
100% Deposit Bonus: Double your funds, double your profits.
High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.
Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.
Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.
Convenient Operation: No slippage, no spread, and fast, precise trade execution.
Global User Support: Enjoy 24/7 customer service, no matter where you are.
Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.
Take Action Now—Don’t Miss Another Opportunity!
If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.
Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!
Website: www.bexback.com
Contact: business@bexback.com
Contact:
Amanda
business@bexback.com
Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d4445477-0112-4df9-8539-ab93cd5affac
https://www.globenewswire.com/NewsRoom/AttachmentNg/c33fa072-02d1-4cbc-b4af-8168cc1fc992
https://www.globenewswire.com/NewsRoom/AttachmentNg/dddf867f-8361-4b82-adca-bc3323f36632
https://www.globenewswire.com/NewsRoom/AttachmentNg/296fa3c6-0da5-45fd-a274-3afbf2099c18
Source: GlobeNewswire (MIL-OSI)
LOS ANGELES, Feb. 11, 2025 (GLOBE NEWSWIRE) — InStride, a human capital management company providing workforce education solutions, today announced the launch of its Capability Accelerators. This solution, developed in partnership with some of America’s most innovative companies and leading academic institutions, delivers tailored, role-specific learning paths aligned with business strategy. By combining academic rigor with practical application, these cohort-based programs help top talent build skills that directly impact business performance.
“L&D leaders are searching for education programs that deliver real business outcomes that they can measure,” said Craig Maloney, CEO of InStride. “InStride’s Capability Accelerators are co-designed with employers and academic partners to take employees through cohort- and role-based learning that helps advance their careers as it ties directly to business strategy.”
Build skills, deliver results
InStride’s solution addresses critical skills gaps and workforce demands.
“InStride is transforming workforce education by building a bridge between rigorous learning and the real-world, corporate context, making these programs highly relevant and impactful,” said Jeff Schulz, VP of Professional Services at InStride. “By focusing on role-specific capabilities and contextualized learning, we’re empowering organizations to build stronger talent pipelines specific to their unique context and prepare future leaders for success.”
Early success stories
InStride’s Capability Accelerators are already making strides in reshaping leadership and talent development:
These early examples illustrate how InStride’s customizable Capability Accelerators address businesses’ unique workforce challenges and strategic goals, offering an alternative to off-the-shelf leadership skill training.
Meeting today’s L&D challenges
The unique value of these programs lies in their ability to tackle the most common pain points faced by L&D leaders:
Whether addressing leadership gaps, building manager capacity, developing AI fluency, or enhancing business acumen, InStride ensures that education investments translate into tangible impact for both employees and organizations.
Learn more about InStride’s Capability Accelerators.
About InStride
InStride is a human capital management company that helps organizations retain talent, upskill employees, and fill critical workforce roles through education programs. By breaking down barriers to learning, fostering career growth aligned with organizational goals, and simplifying program management, InStride delivers lasting impact. Partnering with forward-thinking companies like Labcorp, Adidas, and SSM Health, InStride drives meaningful social and business outcomes by providing access to life-changing education. Visit instride.com or follow InStride on LinkedIn for more information and up-to-date news.
Contact
Maryam Sohraby, Chief Marketing Officer, maryam.sohraby@instride.com, 908-461-0796
Source: GlobeNewswire (MIL-OSI)
HOUSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — StormFisher Hydrogen, a leading developer and producer of clean fuels, announces today it has secured a US$50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund, the world’s leading low-carbon hydrogen asset manager. This strategic partnership will accelerate StormFisher Hydrogen’s pipeline of clean fuel production projects in North America, helping them to reach final investment decisions (FID) and catalyzing the transition to low carbon energy solutions.
“We are pleased to make our first direct investment in North America to support the growth of StormFisher Hydrogen,” said Pierre-Etienne Franc, co-founder and CEO of Hy24. “The company can leverage its energy platform approach, strong offtaker strategy, and a favorable international regulatory landscape to deploy its robust pipeline of e-Fuels projects and drive its export ambitions to European and Asian markets. These clean energy solutions present a significant opportunity for North America in its pursuit of energy security, economic growth, and its trade and continued leadership in the sector.”
StormFisher Hydrogen’s current project pipeline includes several facilities located across the United States (Texas, Kansas, Minnesota) and Canada (Ontario region). Together, they will have the capacity to convert up to 1.8 gigawatts (GW) of renewable energy from solar and wind into RFNBO e-Fuels (renewable fuel of non-biological origin), such as green hydrogen, e-Methanol, green ammonia, and e-Methane. The company’s most advanced project located in North Texas, U.S. is expected to reach FID in early 2026 and will have an e-Methanol production capacity of more than 120,000 tonnes per year.
“This collaboration with Hy24 enables us to advance projects in our pipeline and reinforces our role as a leader in project development,” said Judson Whiteside, President and CEO of StormFisher Hydrogen. “We bring a lot of value and long-term jobs to the communities we are developing in, while increasing molecule exports to Europe and Asia. With cutting-edge energy infrastructure and highly skilled workforce, the United States is poised to lead the global low-carbon fuels market. Our projects strengthen America’s position in the energy transition while enhancing domestic energy resilience and independence.”
StormFisher Hydrogen will make a significant contribution to the development of North America’s e-Fuel production capacity, which is critical for decarbonizing hard-to-abate industries such as maritime, aviation, and chemicals. It will also help establish the United States as a key supplier to the global market while reinforcing the country’s leadership in the energy sector.
With previous investment from ARC Financial Corp.’s ARC Energy Transition Fund and this new investment from Hy24, StormFisher Hydrogen is expected to deploy several billion dollars of capital over the next decade. The company’s clean fuel production facilities will have material economic benefits for local communities, creating approximately 50 permanent high-quality, full-time jobs per site.
“We are thrilled to partner with Hy24,” said Brian Boulanger, CEO of ARC Financial Corp. “Their deep expertise and sectoral focus in the hydrogen and e-Fuel space will be instrumental in accelerating StormFisher Hydrogen’s mission to lead in clean fuel development. With the management team’s proven track record in developing major projects, ARC Financial Corp.’s extensive North American investment experience, and Hy24’s global reach, we are well-positioned to deliver low-carbon hydrogen-derived products to our industrial customers at scale.”
About StormFisher Hydrogen
StormFisher Hydrogen develops and operates facilities that produce e-Fuels through the sourcing of renewable electricity to produce green hydrogen and the sourcing and use of carbon dioxide from industrial point sources. StormFisher Hydrogen works with hard-to-abate sectors such as transportation (maritime/aviation), heavy industry, and gas utility companies, as well as traditional methanol users seeking clean fuel solutions to support long-term decarbonization goals.
About Hy24
The Clean H2 Infra Fund is managed by Hy24, a 50/50 joint venture between Ardian, a world leading private investment house, and FiveT Hydrogen, a clean hydrogen investment pureplay. The world’s largest clean hydrogen infrastructure fund results from the initiative of Air Liquide, TotalEnergies and VINCI Concessions, combined with the one of Plug Power, Chart Industries and Baker Hughes, which were sharing a common objective to accelerate the development of the hydrogen sector. The fund is now up and running with €2 billion of allocations. With strong industrial and financial expertise at its core, Hy24 will have a unique capacity to accelerate the scaling up of hydrogen solutions along the whole value chain: production, conversion, storage, supply, and usage. Hy24 will support large early stage and strategic projects into becoming essential energy infrastructures. The infrastructure fund managed by Hy24 complies with Article 9 of the European regulation on sustainability-related disclosures in the financial services sector (SFDR). Hy24 is an alternative investment fund manager regulated by the French Autorité des marchés financiers under the number GP-202171. The Clean H2 Infra Fund is dedicated to professional investors and not commercialized in the United States of America.
About ARC Financial Corp.
Founded in 1989, ARC Financial Corp. is committed to building high-performing businesses that address the world’s energy and sustainability needs. To date, ARC has raised C$6.4 billion across eleven energy-focused funds since the launch of its private equity business in 1997, having invested capital in more than 180 companies across the energy landscape. ARC’s newest fund, ARC Energy Fund 10, is focused on infrastructure development and energy services & manufacturing opportunities in energy transition. For more information, please visit www.arcfinancial.com
Press Contacts
StormFisher Hydrogen
Karen Hamill, Director, Communications Strategy Group
khamill@wearecsg.com, W: https://stormfisher.com
Hy24
Elizabeth Adams, Senior Managing Director, FTI Consulting
Hy24@fticonsulting.com, W: https://hy24partners.com
Source: GlobeNewswire (MIL-OSI)
ANDOVER, Mass., Feb. 11, 2025 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on March 7, 2025, to shareholders of record as of February 24, 2025.
Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company’s Board of Directors.
About MKS Instruments
MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding MKS’ dividend program and any future dividend payment obligations. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are cash available for distribution, the then current and expected needs and availability of cash to pay MKS’ obligations, and the other factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2023 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.
MKS Investor Relations Contact:
Paretosh Misra
Vice President, Investor Relations
Telephone: +1 (978) 284-4705
Email: paretosh.misra@mksinst.com
Source: GlobeNewswire (MIL-OSI)
RICHARDSON, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, has been selected by innovative telecommunications operator EOLO, Italy’s largest fixed wireless access (FWA) broadband provider, to supply the 5G SA Core for its groundbreaking Gbps fixed wireless access network. The deployment is among the world’s first 5G standalone FWA networks using mmWave and will deliver cost-effective ultrafast broadband internet access to areas across Italy not reached by fiber connectivity.
Mavenir’s 5G SA Core was selected by EOLO for its outstanding levels of flexibility and interoperability. The Mavenir solution will work alongside the User Plane Function (UPF) from 6Wind, marking an industry-first for interoperability and subsequent commercial deployment between Session Management Functions (SMF) and User Plane Functions (UPF) from two different vendors.
The Mavenir 5G SA Core will deliver both IP and Ethernet data units (IPDU and EPDU), which has never previously been achieved in a live environment.
Stefano Cantarelli, Executive Vice President at Mavenir, said: “This is one of the most exciting and innovative 5G FWA deployments in the world – it is pushing boundaries and using the very best 3GPP-based technologies available to deliver rural connectivity against all odds. EOLO has selected best-in-class partners for this project and Mavenir is proud to be a part of that team, bringing our 5G leadership and commitment to flexibility and agility.”
Guido Garrone, CEO at EOLO S.p.A., added: “Mavenir is an excellent team player. Their 5G Core is future-proofed, and the interoperability of their solution has enabled EOLO to choose the best partners for each element of this challenging and innovative new network. The infrastructures that we are building together will complement fiber coverage, playing a pivotal role in strengthening networks and driving the country’s future growth.”
Mavenir offers the industry’s only end-to-end cloud-native network software, with its AI-powered technology enabling energy savings, improved user experience, resource optimisation, enhanced security and fraud protection, and monetization. Its MAVcore® functions are implemented as microservices running in containers, using open APIs to integrate with 3rd party platforms and observability frameworks. This allows CSPs such as EOLO to roll-out services faster, increase efficiency, and reduce downtime.
Mavenir’s full 5G portfolio will be displayed at the upcoming MWC Barcelona, March 3-6, in Hall 2, Stand 2H60. For more on Mavenir’s presence at the show visit https://www.mavenir.com/mwc-2025/#request-a-meeting-mwc
About Mavenir:
Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com
About EOLO:
EOLO is a national telecommunications operator, leader in ultra-broadband wireless (FWA) for residential and business markets. It ensures high-quality access to Ultra Broadband focusing on areas affected by digital divide. EOLO is a Benefit Corporation and the first Italian telecommunications company to achieve B Corp certification. It covers over 7,000 municipalities with more than 4,100 BTS (radio transmitters). EOLO connects 1.6 million people and 116,000 businesses, public administrations, and professionals. The company relies on a network of over 17,000 individuals, including collaborators, technical installers, and commercial partners across the territory.
More information about EOLO’s services is available at www.eolo.it
Mavenir PR Contact:
Emmanuela Spiteri
PR@mavenir.com
Source: GlobeNewswire (MIL-OSI)
Las Vegas, NV – HERE Technologies, the leading location data and technology company, today introduced HERE WeGo Pro, an advanced mobile application for truck navigation designed to address the growing demand for customizable mapping solutions that promote safer and more efficient driving.
Unveiled at the Manifest Supply Chain and Logistics Summit, HERE WeGo Pro offers commercial vehicle fleet operators with optimized, multi-stop routing that takes into account road restrictions and real-time traffic conditions. The HERE WeGo Pro application can also fill the gap for commercial vehicle OEMs lacking built-in navigation systems.
HERE WeGo Pro is tailored for fleet operators that rely on precision navigation and efficiency in middle mile and “milk-run logistics.” This includes Courier, Express, and Parcel (CEP) services; third-party logistics (3PL); operators of mid-size commercial vehicle fleets; and construction and heavy equipment logistics.
“HERE WeGo Pro offers a smart navigation solution built on high-precision map data, designed specifically to meet the needs of today’s fleet operators,” said Bart Coppelmans, Senior Director of Product Management at HERE Technologies. “It provides fleet operators with an application that delivers maps to drivers and advanced location services that stay up to date, helping them navigate efficiently, optimize multi-stop deliveries, and stay compliant with increasingly complex regulatory requirements.”
HERE WeGo Pro Key Features
Comprehensive Global Road Coverage
The HERE WeGo Pro application is built on the company’s enterprise-grade map data with truck-specific attributes, available in 75+ countries. Users to save their vehicle profiles, ensuring that routes are optimized based on truck-specific constraints, including height, weight, width, time-of-day restrictions and vehicle type. This level of precision enhances safety, improves compliance and prevents costly detours.
Predictive ETAs Based on Dynamic Conditions
HERE WeGo Pro delivers up-to-date estimated arrival times (ETAs) by factoring in real-time traffic, weather and historical data, helping fleet managers and customers plan deliveries with confidence. This eliminates reliance on outdated, static traffic pattern data, keeping deliveries on schedule.
Optimized Multi-Stop Tours
Designed for complex delivery schedules, the multi-stop feature of HERE WeGo Pro enables fleets to import tour plans for efficient routing that minimizes fuel consumption, reduces drive time and takes truck specific constraints into account.
Real-time Data Feedback, AI Assistance & Customizable Map Configurations
HERE WeGo Pro provides drivers with an intuitive and easy-to-use feature for reporting live road conditions and map updates to HERE. This feedback loop helps to improve data freshness and map accuracy.
Future versions of HERE WeGo Pro will include the recently launched HERE AI Assistant, along with features to establish site-specific rules and customized route preferences, enabling precise navigation tailored to their unique operational needs and for companies that want more control over the routing experience.
Commercial drivers and fleet operators will be able to leverage the HERE AI Assistant to optimize routes based on time or cost constraints and quickly adapt to changing road conditions for seamless and efficient operations. The ability to control the application with natural language through the HERE AI Assistant helps keep drivers focused on the road ahead for increased safety.
Built for Fleet Operators with Seamless Integrations
Fleet management companies and Independent Software Vendors (ISVs) can seamlessly integrate the HERE WeGo Pro application into their operations for enhanced routing capabilities.
The application connects planning, routing and delivery analysis, offering fleets an end-to-end navigation and logistics solution. Additionally, HERE WeGo Pro integrates with the company’s suite of APIs, including HERE Tour Planning and HERE Tracking to provide a unified fleet management experience.
HERE WeGo Pro is an out-of-the-box navigation solution for fleets built on top of the HERE SDK. For those fleets who may choose to build their own navigation application using HERE’s suite of APIs, information about HERE Software Development Kit (SDK) for navigation can be found here.
Experience HERE WeGo Pro at Manifest 2025
Manifest 2025 attendees can explore how HERE WeGo Pro transforms fleet navigation by visiting Booth 822. To learn more about HERE WeGo Pro visit: https://www.here.com/products/wego-pro
About HERE
HERE has been a pioneer in mapping and location technology for 40 years. Today, the HERE location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at https://www.here.com.
Media Contacts
Jordan Stark
+1 312 316 4537
jordan.stark@here.com
Dr. Sebastian Kurme
+49 173 515 3549
sebastian.kurme@here.com
Camy Cheng
+65 9088 4127
Camy.cheng@here.com
Attachments
Source: GlobeNewswire (MIL-OSI)
San Francisco, Feb. 11, 2025 (GLOBE NEWSWIRE) — While enterprise AI adoption accelerates, 85% of AI projects fail to meet expectations due to accuracy and reliability challenges in tooling*. Current tools lack the depth to provide actionable insights, leaving teams with vague evaluations without identifying root causes or improvement strategies.
Today, Future AGI announces a $1.6M pre-seed funding round to scale its AI lifecycle management platform that enables enterprises to build and maintain high-performing AI applications with unprecedented accuracy. The funding round is co-led by Powerhouse Ventures and Snow Leopard Ventures, with participation from Angellist Quant Fund, Swadharma Source Ventures, Saka Ventures and a marquee group of 30+ industry stalwarts and angels.
Future AGI founders: Nikhil Pareek and Charu Gupta.
Current AI tooling falls short in several critical areas—ranging from generating high-quality synthetic data and providing granular error analysis to enabling effective feedback and optimization loops—leaving cross-functional teams of subject matter experts, data scientists, and software developers without clear pathways to improvement. Most evaluations remain manual and superficial, with developers often defaulting to guesswork or “vibe checks” rather than informed experimentation. This fragmented ecosystem, coupled with limited domain expertise in tooling usage, makes it exceedingly difficult to pinpoint where models fail, devise data-driven remediation strategies, and ultimately treat AI development with the same rigor as modern software engineering.
Building trustworthy high-performing AI applications is complex — requiring rapid iterations across models, prompts, and data while safeguarding against harmful outputs. Future AGI’s platform streamlines this entire lifecycle with rapid experimentation, deep multi-modal evaluations, real-time observability, and continuous improvement capabilities. The platform’s proprietary technology includes advanced evaluation systems for text and images, agent optimizers, and auto-annotation tools that can reduce AI product development time by up to 95%. Users can complete evaluations in minutes and automatically optimize their AI systems for production, eliminating manual overhead and ensuring consistent performance.
“AI is becoming the new software, but its widespread adoption faces a critical challenge – reliability and accuracy at scale,” said Nikhil Pareek, CEO of Future AGI. “Today’s AI systems are probabilistic and error-prone, with improvement cycles taking 6-8 months. We’re building the foundational layer that ensures AI systems are trustworthy and reliable in production. Our platform isn’t just about workflow automation – we’re creating the data layer that continuously monitors, evaluates, and improves AI systems across multimodal interactions.”
FutureAGI is making significant strides across various industries. A Series E sales-tech company leveraged FutureAGI’s LLM Experimentation Hub to achieve an impressive 99% accuracy in agentic pipeline, accelerating their processes 10 times faster than previous methods, compressing weeks of work into just hours. This transformation has drastically improved their capacity for delivering personalized customer interactions at scale.
In another case, an AI image generation company utilized FutureAGI’s platform to streamline its image generation pipeline, resulting in a remarkable 90% reduction in costs by decreasing reliance on human evaluators while maintaining 99% accuracy for catalog and marketing images. These examples highlight FutureAGI’s ability to optimize operations and drive substantial cost savings while enhancing performance.
The platform’s capabilities extend beyond pure software applications to hardware AI agents in robotics and autonomous vehicles, where accuracy requirements are even more stringent. Future AGI’s synthetic data generation and evaluation systems enable companies to simulate edge cases and validate AI models under various real-world conditions before deployment.
Future AGI was the genesis of Nikhil Pareek and Charu Gupta and was born out of founders’ frustration with the growing challenges in data collection, annotation, and training model readiness. Each iteration magnified these issues, and through conversations with fellow AI builders, they realized this problem was widespread. Nikhil Pareek is a former AI founder, with multiple patents and research papers, comes with experience ranging from building autonomous drones to tackling complex data science challenges for Fortune 50 companies. Charu Gupta is a veteran in revenue growth, having successfully navigated multiple startups from inception to achieving revenues of up to $100 million.
Future AGI team.
With a powerful team of 30 AI researchers and ML engineers—hailing from Microsoft, Amazon, and other top tech giants—alongside alumni from Ivy League and premier institutions, they bring deep expertise in AI innovation, published research, and patented technologies. Together, the team is tackling one of AI’s most formidable challenges—redefining accuracy and trust in AI at an unprecedented scale’
“The AI landscape is evolving rapidly, and one of the biggest challenges enterprises face today is ensuring the accuracy and reliability of their AI applications,” said Sri Peddu, General Partner at Powerhouse Ventures “Future AGI’s innovative approach to solving this critical problem through their comprehensive AI lifecycle management platform positions them uniquely in the market. We believe their solution will be instrumental in helping companies achieve the highest accuracy levels required for production-grade AI applications.”
“We believe great people build great companies, and we know from our data that Future AGI is one of the top early-stage startups for attracting the best job applicants on Wellfound (fka AngelList Talent)” said Abraham Othman, PhD, managing partner of the AngelList Early-Stage Quant Fund.
The timing for this challenge becomes especially critical as organizations transition from experimental AI implementations to business-critical applications, and as major players like Meta, Google, and Anthropic rapidly expand into multimodal AI — combining text, images, audio, and video. This evolution of AI has intensified market demand for solutions that can effectively manage the trustworthiness and reliability of AI products by ensuring accuracy.
Looking ahead, Future AGI will use the new funding to accelerate product development and grow its engineering and growth teams while strengthening its proprietary technology stack. The company has offices in the Bay Area and its R&D center in Bangalore, positioning it to serve the growing global demand for reliable AI solutions.
Ends
*Gartner, Gartner Business Insights, Strategies & Trends For Executives
Media images can be found here.
About Future AGI
Future AGI is a venture-backed AI infrastructure company founded by seasoned entrepreneurs with deep expertise in AI and business scaling. Led by a technical founder with multiple patents and an experienced business leader, the company is transforming how enterprises build and maintain high-quality AI products. Our platform dramatically reduces the time and effort needed to achieve reliable AI systems, enabling organizations to confidently deploy AI across their operations. With a growing roster of clients and POCs, Future AGI is positioned to become the foundation for trustworthy AI development.
Founded in 2024 and headquartered in the US with an R&D center in India, Future AGI’s proprietary technology includes advanced evaluation systems for text and images, auto-tuning prompt optimizers, and auto-annotation tools that can reduce AI product development time by up to 95%. The company serves a diverse client base ranging from late-stage startups to Fortune 500 companies, helping them achieve and maintain 99% accuracy in their AI applications.
Powerhouse Ventures
Powerhouse Ventures (PV) is a Singapore-based early-stage Venture Capital firm with an investment focus on startups emerging from India and the United States. PV supports early-stage companies in high-growth sectors where technology is the driver. Currently, PV manages an active portfolio of 40+ companies spread across India, the United States, and Singapore and includes category-defining companies such as Whatfix, Slintel, Medibuddy, Quizizz, DailyRounds/Marrow, Sybill, etc.
Snow Leopard Ventures
Snow Leopard Ventures/Snow Leopard Global Capital Management is a global alternative asset manager investing largely proprietary capital with offices in Pune, India and New York, NY. The firm invests across multiple industries and across different stages, from pre-seed through pre-IPO.
AngelList Early Stage Quant Fund
The AngelList Early Stage Quant Fund is a data-driven investment fund that has raised $25 million to invest in over 100 early-stage startups in technology, data, and finance sectors, leveraging advanced analytics to enhance decision-making.
Source: GlobeNewswire (MIL-OSI)
WATERTOWN, Mass., Feb. 11, 2025 (GLOBE NEWSWIRE) — Cangrade today announced a women- and minority-owned business discount for Jules—the company’s first AI Copilot created to help human resources (HR) professionals make more strategic talent decisions. The addition of Jules to this discount will further enhance businesses’ hiring and talent management decisions by leveraging the valuable data they already have.
Jules gathers intelligence from Cangrade’s talent assessment to answer important questions and uncover insights about everything from hiring and employee growth and development to personal motivators and strategies for improvement. By arming women- and minority-led businesses with powerful and accessible talent intelligence, personalized strategies, and performance predictions, Cangrade aims to even the playing field for those looking to hire and retain top talent.
In honor of Black and Women’s History Months, respectively, Jules is now included in the 35 percent discount on Cangrade’s hiring software. The discount represents the 35 percent of black business owners who are women, 35 percent of women who hold tech positions, the nearly $35,000 less that female entrepreneurs ask for compared to men, and the $35,000 less in startup capital that black entrepreneurs receive on average compared to white ones.
With the future of diversity, equity, and inclusion (DEI) initiatives uncertain, one thing remains true: the ability to create better teams attracts better talent. Jules not only helps companies build better teams, but provides the intelligence to support them. Operating as an AI-powered I/O psychologist, Jules enables users to achieve success in areas from performance optimization and crafting the perfect offer letter, to navigating difficult conversations and motivating individuals.
“Over the last several years companies have followed the latest trends in DEI, creating initiatives with good intentions, but in reality were overly performative and ineffective,” said Gershon Goren, Founder and CEO, Cangrade. “We’re putting our money where our mouth is, providing valuable resources that measurably increase the accuracy of performance predictions and remove biases from the hiring process. The result is a stronger and more inclusive workforce.”
For eligible businesses, learn more about our women and minority-owned business discount here. For more information about Cangrade’s AI-powered, bias-free hiring and talent management solutions, visit www.cangrade.com.
About Cangrade
For HR leaders, Cangrade is the bias-free, AI-powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit www.cangrade.com.
Media Contact:
Gina Devine
Public Relations
press@cangrade.com
Source: GlobeNewswire (MIL-OSI)
PALO ALTO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — After a highly successful initial deployment, Wesco convenience stores will expand its use of Mashgin’s AI-powered checkout technology to over 20 locations, Mashgin, the AI-powered checkout company, announced today.
Mashgin’s AI technology eliminates checkout lines, creating a more efficient and customer-friendly shopping experience for stores, particularly during peak transaction times. The kiosks use computer vision to instantly ring up items, without the need to scan barcodes. Customers simply place their items down and are ready to pay. The kiosk can identify multiple items simultaneously in seconds with nearly 100% accuracy.
During the Wesco pilot program, Mashgin kiosks accelerated nearly half a million transactions at over 10 Wesco locations with a median transaction time of 18.7 seconds. Customers at the Wesco stores were able to get back on the road quicker, and Wesco associates were able to attend to other tasks around the store faster.
“Our customers have quickly taken to love Mashgin’s machines – and we’ve loved working with them,” said Nancy Westgate-Sytsema, Co-President of Wesco. “Both the technology and the team are extremely responsive, exactly what we look for in a technology partner.”
Wesco’s expansion will benefit from Mashgin’s integration with Verifone’s Commander system, which seamlessly connects the AI checkout kiosks to key store systems for payment, loyalty, fuel, and more.
“Wesco is enhancing its already fantastic customer experience with this expanded adoption of Mashgin’s technology,” said Jack Hogan, SVP of Partnerships at Mashgin. “Convenience store customers are looking for a quick and efficient buying experience, and by leveraging computer vision technology, a vast database of retail items, and a dedicated support team, Mashgin enables this experience for Wesco and its customers. We’re looking forward to serving and helping expand Wesco’s retail capabilities.”
Mashgin kiosks are in place at over 4,000 locations globally, including over 3,000 convenience stores, 145 professional stadiums and arenas, 100 hospitals, and 50 airports.
Mashgin will continue to innovate checkout experiences by implementing advanced technologies that benefit retailers and their customers. To learn more, visit www.mashgin.com.
About Mashgin:
Mashgin is the world’s fastest checkout system, powered by AI and computer vision. By eliminating barcode scanning, Mashgin allows customers to simply place items on the tray, pay, and be on their way in under 10 seconds. With checkout speeds up to four times faster than traditional systems, Mashgin not only enhances customer satisfaction but also boosts revenue for retailers by reducing wait times and streamlining operations. Founded in 2014 and headquartered in Palo Alto, California, Mashgin is a privately held company backed by NEA, Matrix Partners, Susa Ventures, and Y Combinator. Follow Mashgin on LinkedIn or learn more about Mashgin at www.mashgin.com.
Press Contact:
Quinn Trask
104 West on behalf of Mashgin
Quinn.Trask@104west.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2e6a718a-551d-421d-973f-30cdf4f92c62
Source: GlobeNewswire (MIL-OSI)
DELFT, The Netherlands and Berkeley, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — QphoX B.V., a Dutch quantum technology startup that is developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc. (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, and Qblox, a leading innovator in quantum control stack development, today announced that their joint research demonstrating the ability to readout superconducting qubits with an optical transducer was published in Nature Physics.
Quantum computing has the potential to drive transformative breakthroughs in fields such as advanced material design, artificial intelligence, and drug discovery. Of the quantum computing modalities, superconducting qubits are a leading platform towards realizing a practical quantum computer given their fast gate speeds and ability to leverage existing semiconductor industry manufacturing techniques. However, fault-tolerant quantum computing will likely require 10,000 to a million physical qubits. The sheer amount of wiring, amplifiers and microwave components required to operate such large numbers of qubits far exceeds the capacity of modern-day dilution refrigerators, a core component of a superconducting quantum computing system, in terms of both space and passive heat load.
A potential solution to this problem may be to replace coaxial cables and other cryogenic components with optical fibers, which have a considerably smaller footprint and negligible thermal conductivity. The challenge lies in converting the microwave signals used to control qubits into infrared light that can be transmitted through fiber. This is where microwave-to-optical transduction comes into play, a field dedicated to the coherent conversion of microwave photons to optical photons. QphoX has developed transducers with piezo-optomechanical technology that are capable of performing this conversion, forming an interface between superconducting qubits and fiber-optics.
To demonstrate the potential of this technology, QphoX, Rigetti and Qblox connected a transducer to a superconducting qubit, with the goal of measuring its state using light transmitted through an optical fiber. The results of this collaborative effort have been published in Nature Physics. Remarkably, it was discovered that not only is the transducer capable of converting the signal that reads out the qubit, but that the qubit can also be sufficiently protected from decoherence introduced by thermal noise or stray optical photons from the transducer during operation.
“Microwave-to-optics transduction is a rapidly emerging technology with far-reaching implications for quantum computing. Our work demonstrates that transducers are now ready to interface with superconducting qubit technology. This is an exciting and crucial demonstration, with the potential for this technology being far reaching and potentially transformative for the development of quantum computers,” says Dr. Thierry van Thiel, lead author of the work and Lead Quantum Engineer at QphoX.
“Developing more efficient ways to design our systems is key as we work towards fault tolerance. This innovative, scalable approach to qubit signal processing is the result of our strong partnerships with QphoX and Qblox and showcases the value of having a modular technology stack. By allowing our partners to integrate their technology with ours, we are able to discover creative ways to solve long-standing engineering challenges,” says Dr. Subodh Kulkarni, Rigetti CEO.
“Realizing industrial-scale quantum computers comes with solving several critical bottlenecks. Many of these lie in the scalability of the readout and control of qubits. As Qblox is entirely focused on exactly this theme, we are proud to be part of this pivotal demonstration that shows that QphoX microwave-to-optical transducers are a solid route to scalable quantum computing. We look forward to the next steps with Rigetti and QphoX to scale up this technology,” says Dr. Niels Bultink, Qblox CEO.
About QphoX
QphoX is the leading developer of quantum transduction systems that enable quantum computers to network over optical frequencies. Leveraging decades of progress in photonic, MEMS and superconducting device nanofabrication, their single-photon interfaces bridge the gap between microwave, optical and telecom frequencies to provide essential quantum links between computation, state storage and networking. QphoX is based in Delft, the Netherlands. See https://www.qphox.eu/ for more information.
About Rigetti
Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti’s 9-qubit Novera™ QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at https://www.rigetti.com/.
About Qblox
Qblox is a leading provider of scalable and modular qubit control stacks. Qblox operates at the frontier of the quantum revolution in supporting academic and industrial labs worldwide. The Qblox control stack, known as the Cluster, combines key technologies for qubit control and readout and supports a wide variety of qubit technologies. Qblox has grown to 130+ employees and continues to innovate to enable the quantum industry. Learn more at https://www.qblox.com/.
Reference
T.C. van Thiel, M.J. Weaver, F. Berto, P. Duivestein, M. Lemang, K.L. Schuurman, M. Žemlička, F. Hijazi, A.C. Bernasconi, C. Ferrer, E. Cataldo, E. Lachman, M. Field, Y. Mohan, F.K. de Vries, C.C. Bultink, J.C. van Oven, J.Y. Mutus, R. Stockill, and S. Gröblacher, Optical readout of a superconducting qubit using a piezo-optomechanical transducer, Nature Physics, 11 February 2025.
https://www.nature.com/articles/s41567-024-02742-3
QphoX Media Contact
Simon Gröblacher, CEO
press@qphox.eu
Rigetti Media Contact
Rebecca Malamud, Senior Marketing & Communications Manager
press@rigetti.com
Qblox Media Contact
Eva Flipse, Head of Marketing
eflipse@qblox.com
Cautionary Language and Forward-Looking Statements
Certain statements in this communication may be considered “forward-looking statements” within the meaning of the federal securities laws, including statements with respect to the Company’s expectations with respect to its future success and performance, including expectations with respect to the ability to use an optical transducer to perform readout on the Company’s superconducting qubits; the potential with respect to quantum computing driving transformative breakthroughs in fields such as advanced material design, artificial intelligence, and drug discovery; the number of qubits necessary to reach fault tolerance; potential to replace coaxial cables and other cryogenic components with optical fibers; the ability to convert microwave signals used to control qubits into infrared light that can be transmitted through fiber; expectations of using optical transducers to protect a qubit from decoherence introduced by thermal noise or stray optical photons; readiness of interfacing optical transducers with semiconducting qubit technology; expectations with respect to scaling to create larger qubit systems without sacrificing gate performance using the Company’s modular chip architecture, including expectations with respect to the Company’s anticipated systems; expectations with respect to the Company’s partners and customers and the quantum computing plans and activities thereof; and expectations with respect to the anticipated stages of quantum technology maturation, including the Company’s ability to develop a quantum computer that is able to solve practical, operationally relevant problems significantly better, faster, or cheaper than a current classical solution and achieve quantum advantage on the anticipated timing or at all; expectations with respect to the quantum computing industry and related industries. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s ability to achieve milestones, technological advancements, including with respect to its technology roadmap, help unlock quantum computing, and develop practical applications; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the ability of the Company to expand its QPU sales and the Novera QPU Partnership Program; the success of the Company’s partnerships and collaborations; the Company’s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company’s estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives, expansion plans and continue to innovate its existing services; the expected use of proceeds from the Company’s past and future financings or other capital; the sufficiency of the Company’s cash resources; unfavorable conditions in the Company’s industry, the global economy or global supply chain, including financial and credit market fluctuations and uncertainty, rising inflation and interest rates, disruptions in banking systems, increased costs, international trade relations, political turmoil, natural catastrophes, warfare (such as the ongoing military conflict between Russia and Ukraine and related sanctions and the state of war between Israel, Hamas and Hezbollah and related threat of a larger conflict), and terrorist attacks; the Company’s ability to maintain compliance with the continued listing standards of the Nasdaq Capital Market; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.
Source: GlobeNewswire (MIL-OSI)
AUSTIN, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) — Parallels, a global leader in virtualization and end-user computing solutions, today introduced its “Elevate Now” Partner Program, designed to equip new and existing partners with more resources, greater profitability, and enhanced support. The program updates, which focus on delivering increased value and growth opportunities, are aimed at enabling resellers, managed service providers (MSPs), value added resellers (VARs), and system integrators (SI) to thrive.
“Our goal with this program redesign is to ensure that all partners, regardless of size, can navigate the changes and disruption in the traditional virtual desktop landscape,” said Michelle Chiantera, Chief Revenue Officer for Parallels. “With substantial updates to discounts, program tiers, and support, we’re delivering a partner-first, channel-first model that helps partners meet market demands, boost their bottom line, and offers an attractive alternative to Citrix.”
Key benefits of Parallels’ “Elevate Now” Partner Program include:
“With our partner-sourced sales pipeline doubling and new deal registrations tripling over the past year, we’re excited to see that our partners are thriving,” said Chiantera. “The changes we’ve made to our program are designed to sustain this momentum, giving partners even greater profit margins and the resources they need to unlock new opportunities.”
“The benefits we receive as strategic partners allow us to increase our margins through enhanced deal registration and MDF investments, helping us grow and expand our Parallels footprint. Parallels also supports us in maintaining our installed base, which has become a key market differentiator for us.” – Pedro Guerreiro, Chief Solutions Officer, A2it Technology
Parallels extends migration program
Parallels is empowering Citrix and Omnissa customers to transition smoothly to Parallels solutions with its specialized migration program, extended through to May 31, 2025. This program includes tailored migration tools and financial incentives, such as a free one-year license for customers committing to a three-year paid subscription and additional rebates for gold and platinum partners. For more details, including the program terms, conditions, and complete eligibility requirements, visit: www.parallels.com/lp/parallels-migration.
Flexible SPLA billing simplifies license management for MSPs
Parallels offers tailored support for MSPs through its flexible SPLA concurrent billing model, enabling partners to manage customer licenses on a monthly basis with ease and scalability. With this model, MSPs can access Parallels’ powerful suite of solutions to deliver secure, high-performance virtual workspaces without upfront commitments. To learn how Parallels can streamline your services, visit www.parallels.com/partners/msp/.
Empower customer success with Parallels’ suite of end-user computing solutions
“Elevate Now” partners gain access to Parallels’ comprehensive suite end-user computing solutions, including Parallels RAS, Parallels Secure Workspace, Parallels DaaS, and Parallels Browser Isolation. Learn more at www.parallels.com/partners.
About Parallels
Parallels is a global leading brand in cross-platform solutions that make it simple for businesses and individuals to use and access the applications and files they need on any device or operating system. Parallels helps customers leverage the best technology out there, whether it’s Windows, Mac, ChromeOS, iOS, Android, or the cloud. Parallels solves complex engineering and user-experience problems by making it simple and cost-effective for businesses and individual customers to use applications anywhere, anytime. For more information, please visit www.parallels.com.
© 2025 Parallels International GmbH. All rights reserved. Parallels is a trademark or registered trademark of Parallels International GmbH. in Canada, the United States and/or elsewhere. Mac is a trademark of Apple Inc. Android and ChromeOS are trademarks of Google LLC. All other company, product and service names, logos, brands and any registered or unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. For all notices and legal information please visit www.parallels.com/about/legal/
Contact:
Ashley Ruess
ashley.ruess@alludo.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/8652a83e-758b-429e-8cb6-22324f22f756
https://www.globenewswire.com/NewsRoom/AttachmentNg/bfbf424c-3b2e-442b-8fa5-89b0c64d2fec
Source: GlobeNewswire (MIL-OSI)
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) announced that its Payments Division (“StoneX Payments”) has entered into a partnership with Fiserv, Inc. (NYSE: FI) to extend its advanced cross-border payments offering to financial institutions. In conjunction with Fiserv’s Payments Exchange Services, community banks and credit unions will have an opportunity to directly leverage StoneX’s institutional-grade infrastructure, resulting in dramatically improved global reach, ultra-competitive pricing, and robust transparency across cross-border payment lifecycles.
Payments Exchange Services from Fiserv is a flexible, web-based platform for completing end-to-end, real-time payments 24/7/365 through the RTP® Network from The Clearing House and the US Federal Reserve’s FedNow® Service, while also offering a range of foreign exchange and global payment capabilities.
“This partnership with Fiserv is a key part of our broader strategic vision to expand StoneX Payments’ reach and enhance cross-border money movement for financial institutions globally,” said Thiago Vieira, Global Head of StoneX Payments. “This collaboration represents a significant opportunity for banks and credit unions to obtain enhanced capabilities that have traditionally been reserved for only the world’s largest financial institutions.”
StoneX’s broad global coverage eliminates redundancies and streamlines processes associated with legacy systems and networks, which are reliant on multiple intermediaries to facilitate international transfers. This approach can result in significant cost reduction, faster payment fulfillment, and an enhanced client experience throughout the payment lifecycle.
“Over time, through our close work with community banks and credit unions, we’ve recognized the critical need for a more competitive offering compared to what the market has traditionally provided,” said Stephen Kuhl, Managing Director, Financial Institutions for StoneX Payments. “Our platform empowers financial institutions to significantly elevate their client offering with a global payments solution and leverage multiple benefits, including improved client retention, new revenue streams, and enhanced competitiveness. Community banks and credit unions increasingly have realized that offering international payments services is essential to meeting the needs of their diverse client base, including businesses, high-net-worth clients, and individuals at large with global requirements.”
“At Fiserv, we recognize that foreign exchange and international payments are an invaluable part of community banks’ and credit unions’ product suites. It is imperative that they offer capabilities on par with the broader competitive landscape,” said Justin Jackson, Senior Vice President of Enterprise Payment Solutions at Fiserv. “We look forward to partnering with StoneX to bring their comprehensive service offering to this segment.”
About Fiserv:
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World’s Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.
About StoneX:
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The company strives to be the one trusted partner to its clients, providing its network, products, and services to allow them to pursue trading opportunities, manage their market risks, make investments, and improve their business performance. A Fortune 100 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its 4,300+ employees serve more than 54,000 commercial, institutional, and global payments clients, and more than 400,000 retail accounts, from more than 80 offices spread across six continents.
NASDAQ: SNEX
www.stonex.com
For more information contact:
Stephen Kuhl, Managing Director: Financial Institutions
Stephen.kuhl@stonex.com
Source: GlobeNewswire (MIL-OSI)
MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its upcoming participation at ViVE 2025, February 16 – 19 in Nashville, Tenn.
Today’s bad actors don’t break in — they log in. Varonis secures PHI by limiting an organization’s blast radius — all the damage an attacker can do with just one comprised identity — in SaaS, IaaS, and hybrid environments. By ensuring only the right users can access the data they need, Varonis helps organizations maintain compliance with evolving HIPAA regulations and protect against overexposure.
Varonis Highlights at ViVE 2025:
Meet Varonis in Person: Visit Varonis at Viosk #2825 inside the Cybersecurity Pavillion for 1:1 demos and giveaways. Learn how the Varonis Data Security Platform helps hospitals and healthcare systems secure sensitive patient data, automate compliance, and reduce ransomware risk.
Expert Session: “PHI-ght for Your Right to AI Party!” Varonis Field CTO Brian Vecci will shed light on the crucial need for healthcare organizations to gain visibility into AI use, data access, and PHI exposure. He’ll discuss how healthcare leaders can meet current requirements and adapt to future HIPAA changes.
Date: Tuesday, February 18 at 2 p.m. CT
Location: Cybersecurity Pavilion
Additional Resources
About Varonis
Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.
Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com.
Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
investors@varonis.com
News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
pr@varonis.com
Source: The Conversation – USA – By Christine Wiedinmyer, Associate Director for Science at CIRES, University of Colorado Boulder
When a hurricane or tornado starts to form, your local weather forecasters can quickly pull up maps tracking its movement and showing where it’s headed. But have you ever wondered where they get all that information?
The forecasts can seem effortless, but behind the scenes, a vast network of satellites, airplanes, radar, computer models and weather analysts are providing access to the latest data – and warnings when necessary. This data comes from analysts at the National Oceanic and Atmospheric Administration, known as NOAA, and its National Weather Service.
Atmospheric scientists Christine Wiedinmyer and Kari Bowen, who is a former National Weather Service forecaster, explained NOAA’s central role in most U.S. weather forecasts.
A lot of the weather information Americans rely on starts with real-time data collected by NOAA satellites, airplanes, weather balloons, radar and maritime buoys, as well as weather stations around the world.
All of that information goes into the agency’s computers, which process the data to begin defining what’s going on in different parts of the atmosphere.
NOAA forecasters use computer models that simulate physics and the behavior of the atmosphere, along with their own experience and local knowledge, to start to paint a picture of the weather – what’s coming in a few minutes or hours or days. They also use that data to project seasonal conditions out over weeks or months.
When severe weather is on the way, the agency issues the official alerts you’ll see in the news and on your phone.
All of this analysis happens before the information reaches private weather apps and TV stations.
No matter who you are, you can freely access that data and the analyses. In fact, a large number of private companies use NOAA data to create fancy maps and other weather products that they sell.
It would be extremely difficult to do all of that without NOAA.
The agency operates a fleet of 18 satellites that are packed with instruments dedicated to observing weather phenomena essential to predicting the weather, from how hot the land surface is to the water content of the atmosphere. Some are geostationary satellites which sit high above different parts of the U.S. measuring weather conditions 24/7. Others orbit the planet. Many of these are operated as part of partnerships with NASA or the Air Force.
Some private companies are starting to invest in satellites, but it would take an enormous amount of money to replicate the range of instrumentation and coverage that NOAA has in place. Satellites only last so long and take time to build, so NOAA is continually planning for the future, and using its technical expertise to develop new instruments and computer algorithms to interpret the data.
Maritime buoys are another measuring system that would be difficult to replicate. Over 1,300 buoys across oceans around the world measure water temperature, wind and wave height – all of which are essential for coastal warnings, as well as long-term forecasts.
Weather observation has been around a long time. President Ulysses S. Grant created the first national weather service in the War Department in 1870. It became a civilian service in 1880 under the Department of Agriculture and is now in the Commerce Department. The information its scientists and technologists produce is essential for safety and also benefits people and industries in a lot of ways.
It would be difficult for one company to provide comprehensive weather data in a reliable way that is also accessible to the entire public.
Some companies might be able to launch their own satellite, but one satellite only gives you part of the picture. NOAA’s weather observation network has been around for a long time and collects data from points all over the U.S. and the oceans. Without that robust data, computer models and the broad network of forecasters and developers, forecasting also becomes less reliable.
Analyzing that data is also complex. You’re not going to be able to take satellite data, run a model on a standard laptop and suddenly have a forecast.
And there’s a question of whether a private company would want to take on the legal risk of being responsible for the nation’s forecasts and severe weather warnings.
NOAA is taxpayer-funded, so it is a public good – its services provide safety and security for everyone, not just those who can pay for it.
If weather data was only available at a price, one town might be able to afford the weather information necessary to protect its residents, while a smaller town or a rural area across the state might not. If you’re in a tornado-prone area or coastal zone, that information can be the difference between life or death.
The Earth’s systems – its land, water and the atmosphere – are changing, and we have to be able to assess how those changes will impact weather tomorrow, in two weeks and far into the future.
Rising global temperatures affect weather patterns. Dryness can fuel wildfires. Forecasts have to take the changing climate into account to be accurate, no matter who is creating the forecast.
Drought is an example. The dryness of the Earth controls how much water gets exchanged with the atmosphere to form clouds and rainfall. To have an accurate weather prediction, we need to know how dry things are at the surface and how that has changed over time. That requires long-term climate information.
NOAA partners with private sector, academia, nonprofits and many others around the world to ensure that everyone has the best information to produce the most robust weather forecasts. Private weather companies and media also play important roles in getting those forecasts and alerts out more widely to the public.
A lot of businesses rely on accuracy from NOAA’s weather data and forecasts: aviation, energy companies, insurance, even modern tractors’ precision farming equipment. The agency’s long-range forecasts are essential for managing state reservoirs to ensure enough water is saved and to avoid flooding.
The government agency can be held accountable in a way private businesses are not because it answers to Congress. So, the data is trustworthy, accessible and developed with the goal to protect public safety and property for everyone. Could the same be said if only for-profit companies were producing that data?
Christine Wiedinmyer is the CIRES Associate Director for Science. CIRES is a CU Boulder research institute that has a cooperative agreement (grant) with NOAA called the Cooperative Institute for Earth Systems Research and Data Science, CIESRDS. Wiedinmyer’s funding is primarily from NOAA, which supports more than 400 CIRES CU Boulder employees.
Kari Bowen is the Science and Administration Manager. CIRES is a CU Boulder research institute with a cooperative agreement (grant) with NOAA called the Cooperative Institute for Earth Systems Research and Data Science, CIESRDS. Bowen’s funding is from NOAA, which supports more than 400 CIRES CU Boulder employees.
– ref. NOAA’s vast public weather data powers the local forecasts on your phone and TV – a private company alone couldn’t match it – https://theconversation.com/noaas-vast-public-weather-data-powers-the-local-forecasts-on-your-phone-and-tv-a-private-company-alone-couldnt-match-it-249451
Source: GlobeNewswire (MIL-OSI)
PALM BEACH, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The growing adoption of the digital technologies in the healthcare sector owing to the growing need for reducing the healthcare costs and offer enhanced quality patient care services to the patients are the prominent factors that are boosting the growth of the global artificial intelligence in healthcare market. The surging prevalence of various chronic diseases and growing elderly population is resulting in the increased pool of patients at hospitals. The large volume of patient health data is generated every day, which is required to be stored and managed effectively. The growing demand for the personalized medicines and the necessity of maintaining digital health records are significantly driving the artificial intelligence in healthcare market. The novel technologies like artificial intelligence and machine learning are now being integrated to the healthcare systems that will allow the health professionals in early identification of the diseases and offer enhanced care services to the patients. Moreover, the data analytics, deep learning technology, natural language processing (NPL), predictive analytics, and content analytics are supporting the healthcare professionals in early diagnosis and care services. A report from Precedence Research said that the global artificial intelligence (AI) in healthcare market size accounted for USD 26.69 billion in 2024 and is predicted to reach around USD 613.81 billion by 2034, growing at a CAGR of 36.83% from 2024 to 2034. North America AI in healthcare market size reached USD 8.67 billion in 2023. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Tempus AI, Inc. (NASDAQ: TEM), BigBear.ai (NYSE: BBAI), Talkspace (NASDAQ: TALK), SoundHound AI, Inc. (NASDAQ: SOUN).
The Precedence Research report added: “North America region was the highest market share holder in (recent years). North America is characterized by the increased inclination towards the advanced and latest digital technologies. The strong and developed healthcare, IT, and telecommunications infrastructure in North America has supported the growth of the artificial intelligence in healthcare market. Furthermore, the favorable government policies that encourage the adoption of the digital and novel technologies like artificial intelligence in the healthcare sector. North America has the presence of huge pool of patients. It is estimated that over half of the US population is suffering from one or more chronic diseases. This is resulting in increased volume of patients in hospitals. The health data of these patients needs to be stored and managed in digital form as per the government regulations. This is a major factor that propels the demand for the artificial intelligence in healthcare sector.”
Avant Technologies, Inc. (OTCQB: AVAI) and Ainnova Advance Toward FDA Clinical Trial with Selection of Top CRO – Avant Technologies, Inc. (“Avant” or the “Company”) and its partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced the selection of Fortrea, a global provider of clinical development solutions to the life sciences industry, as the contract research organization (CRO) to conduct Ainnova’s upcoming clinical studies to seek approval from the U.S. Food and Drug Administration (FDA) for Ainnova’s Vision AI platform.
Fortrea will assist Ainnova in requesting a pre-submission meeting with the FDA for guidance on the clinical testing needed for its Vision AI platform in the early detection of diabetic retinopathy. After a pre-submission meeting, Fortrea will then work with Ainnova on its FDA submission and a subsequent clinical study before concluding with an FDA 510(k) submission to obtain clearance from the FDA to market its Vision AI platform.
The upcoming clinical studies are significant to Avant and its shareholders because of the partnership formed by Avant and Ainnova to advance and commercialize Ainnova’s technology portfolio, including its Vision AI platform and its versatile retinal cameras. The joint venture formed by the two companies, Ai-nova Acquisition Corp. (AAC), has the licensing rights for this portfolio in the U.S., Canada, and Europe, so the success of Ainnova’s clinical studies with the FDA will be vital to marketing the technology portfolio in the United States.
Ainnova’s Chief Executive Officer, Vinicio Vargas, said of the selection, “We worked diligently to identify and select the right CRO to help us both engage the FDA and then conduct our clinical studies. Fortrea is an established and highly regarded full-service CRO with expertise in more than 20 therapeutic areas, and a CRO with an extensive portfolio of successfully completed clinical trials, including those involving both emerging and large biopharmaceutical, medical device, and diagnostic companies.”
With Fortrea’s guidance, Ainnova expects to submit its pre-submission application in the coming weeks and expects to meet with the FDA for its pre-submission meeting in late March/early April 2025. Additionally, Ainnova will also interact with the FDA to devise a plan to obtain clearance for four algorithms it recently acquired the exclusive licensing rights to, which include early detection for cardiovascular risk, prediabetes and Type 2 diabetes, fatty liver disease, and chronic kidney disease. CONTINUED… Read this and more news for Avant Technologies at: https://www.financialnewsmedia.com/news-avai/
In other A.I. developments and happenings in the market recently include:
Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced it has completed its acquisition of Ambry Genetics, a recognized leader in genetic testing that aims to improve health by understanding the relationship between genetics and disease.
“This acquisition complements our strategy of leveraging diagnostics and data to drive innovation, further strengthening our ability to deliver cutting-edge solutions to clinicians, patients, and life sciences companies,” said Eric Lefkofsky, Founder and CEO of Tempus. “We are excited to welcome Ambry to the Tempus team as we work together to improve patient outcomes and transform treatment journeys through the power of technology.”
BigBear.ai (NYSE: BBAI) has recently been awarded a contract by the Department of Defense (DoD) Chief Digital and Artificial Intelligence Office (CDAO) to advance BigBear.ai’s Virtual Anticipation Network (VANE) prototype. This initiative will support the CDAO and Office of the Secretary of Defense (OSD) by leveraging custom AI models to better assess news media originating in countries that are potential foreign adversaries.
The prototype award is designed to improve CDAO’s ability to identify key trends and topics related to potential foreign adversarial areas of interest, enabling faster and more informed assessments of media data vital to national security. VANE was created to contrive clarity in multi-domain environments for military and government applications by aggregating and analyzing vast data points, enabling predictions of adversarial activity in complex situations.
“We are honored to continue our support in the modernization of our nation’s defense efforts. This award underscores the importance of leveraging cutting-edge AI technologies to address complicated geopolitical challenges,” said Ryan Legge, President of National Security at BigBear.ai. “By advancing VANE within CDAO, we are arming our warfighters with sophisticated intelligence capabilities to leverage foreign insights critical to the safety of our Nation and those protecting it.”
Talkspace (NASDAQ: TALK) recently announced the launch of Insights, a new feature that enhances therapeutic care by helping Talkspace providers efficiently prepare for sessions and guide client care between sessions. The feature was developed and refined in partnership with Talkspace clinicians.
Before each session, providers can use Insights to synthesize data from each client’s care journey, a process that is typically manual — including changes in that client’s symptom acuity from evidence-based psychological assessments and key details from the most recent session — to generate a concise pre-session primer tailored to the therapist’s upcoming appointment. After the session, an update can be generated to reflect the discussion’s key points, highlight therapeutic progress, and note follow-ups for future sessions.
SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice artificial intelligence, recently announced the launch of Brand Personalities, a groundbreaking feature for its SoundHound Chat AI Automotive voice assistant – making it the first in-vehicle assistant to offer distinct, customizable personas tailored to each automaker’s unique brand identity, designed to enhance both the user experience and brand loyalty for OEMs.
Brand Personalities enables car makers to control the entire personality of their voice assistant including response style, character and vivaciousness. Automotive partners can choose from pre-designed personas, create fully customized personalities tailored to their specific needs, or even introduce seasonal characters for campaigns. Due to SoundHound’s unique software architecture, multiple personas can be defined for specific sub-brands or model lines—allowing sports cars, family cars, and commercial vehicles to each have distinct personalities that reflect the unique needs of their customers.
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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757
SOURCE: FN Media Group
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), proudly announces the signing of three important pilot program agreements for its groundbreaking HYTRON AI-powered cleaning robots. These agreements with established Singapore-based cleaning companies, including a leading provider of facilities and industrial services operating across Singapore, China, and Malaysia, represent a major expansion of Primech AI’s market presence and a solid vote of confidence in its advanced AI technology.
These agreements involve deploying HYTRON units across various sectors, showcasing the versatility and efficiency of these AI-powered cleaning solutions. The HYTRON units are powered by NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications robots that will enhance hygiene standards and operational efficacy at several key facilities, reflecting growing industry confidence in robotic automation.
At the core of HYTRON’s navigation capabilities is a multi-sensor system consisting of (1) LIDAR for Mapping and Navigation, which enhances both precision and safety; (2) Ultrasonic Sensors for Proximity Detection to identify nearby objects and adjust its path accordingly, ensuring seamless movement through cluttered spaces without colliding with furniture or other obstacles; and (3) AI-powered Camera Sensors for Object Identification to recognize and classify bathroom objects, such as sinks, toilets, and mirrors. This ensures it applies the appropriate cleaning technique to each surface, enhancing its efficiency in commercial restroom cleaning.
Under the two-year pilot program agreements, these prominent cleaning companies will integrate HYTRON robots into their daily facility operations. This reflects the sector’s readiness to embrace innovative cleaning solutions that promise to revolutionize facility management through enhanced efficiency and reduced costs. This deployment is set to showcase the substantial benefits of integrating AI-powered automation into traditional cleaning processes.
Each pilot program agreement includes full support from Primech AI’s customer service framework, ensuring that HYTRON operates at peak efficiency and reliability. In addition, Primech AI will conduct staff training for the companies to ensure the effective operation and maintenance of the robots.
“Our three new esteemed partners for these pilot programs have a combined 75 years of facilities service and have worked on nearly 1,000 different commercial cleaning projects. Securing these leases is a strong endorsement of HYTRON’s capabilities and our Company’s direction,” stated Charles Ng, Chief Operating Officer of Primech AI. “We believe HYTRON is the future of cleaning and look forward to sharing updates with our shareholders about our continued development as the facility management industry reflects a continued shift and acceptance of robotic solutions.”
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
About Primech AI
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
Company Contact:
Email: ir@primech.com.sg
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
Source: GlobeNewswire (MIL-OSI)
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — Visited app, a travel list app published by Arriving In High Heels Corporation, announces the publication of its Top 25 Most Visited cruise ports list, based on international travelers cruising. The app was developed to keep track of all countries visited, it has later expanded to include US states that users have been to and destinations and experiences while abroad. With over 175 travel lists to choose from, including famous ports, users can select places and activities that they have done or wish to do. By building their ultimate bucket list, they are able to plan their future trip with itinerary feature.
The top visited cruise ports list is based on over 2.45 international travelers, with the full list available in the app on iOS or Android stores. “It is not surprising that 5 cruise ports out of 25, are found in United States, as a lot of cruises heading to Caribbean and Latin America originate there. What is surprising is that Barcelona continues to top the list as the most visited cruise port,” said Anna Kayfitz, CEO of Arriving In High Heels.
For those that love Cruising, here are the top 10 most popular cruise ports as per Visited’s users:
To see the full list of popular cruise ports in United States and abroad, download the Visited app on iOS or Android.
About Visited Travel App
Visited is the ultimate travel bucket list app, is the app for those that love to travel both internationally and domestically. Some features of the app includes:
The travel app is available in 30 languages and is available on iOS or Android and free to download.
To learn more about the Visited app and its latest feature update, please visit https://visitedapp.com/.
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. Visited Media publishes annual travel report, and provides customized travel research.
Contact:
Anna Kayfitz
anna@arrivinginhighheels.com
Source: GlobeNewswire (MIL-OSI)
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its majority-owned subsidiary, Hivello Holdings Ltd, has had its $HVLO token commence trading on leading exchanges, Gate.io and MEXC.
$HVLO’s token listing should unlock greater passive income functionality for its users and attract new ones. Ultimately, the token will enable more users to participate in blockchain mining, earn rewards, and leverage the token’s utility across the growing DePIN ecosystem.
This milestone marks a significant step in Hivello’s mission to revolutionize the Decentralized Physical Infrastructure Networks (DePIN) space by enabling seamless participation in decentralized computing. By connecting unused computing resources to decentralized networks, Hivello users can earn rewards while strengthening the DePIN ecosystem.
With over fifteen thousand nodes already active in its beta application, Hivello is leading the DePIN aggregation space. The platform’s plug-and-play mining model removes the complexity of blockchain mining, making it accessible to both novice and experienced users.
Blockmate has not directly issued any tokens or received any proceeds from the token listing. The tokens are issued by the Swiss-based HVLO Association, under licence from Hivello Holdings Ltd.
Below is the press release from Hivello:
Hivello’s $HVLO Token Live on Gate.io and MEXC exchanges
London & Amsterdam, 11th February 2025 – Hivello, a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks, has announced their Token Generation Event (TGE) is live, and the $HVLO token is officially trading. This marks a significant milestone in Hivello’s mission to redefine- and expand the DePIN (Decentralized Physical Infrastructure Networks) ecosystem.
Key Dates and times:
The company requests that interested individuals visit Hivello’s official website www.hivello.com for all the latest information, including the Contract Address (CA) for the smart contract.
The $HVLO token is important in Hivello’s ecosystem, incentivizing users to contribute compute, storage, and networking resources to DePIN protocols. By listing on Gate.io and MEXC, two of the industry’s leading centralized exchanges, and Raydium, the largest decentralized exchange (DEX) on Solana, Hivello is ensuring deep liquidity and accessibility for a wide range of users.
Now that $HVLO is live on multiple exchanges, multiple benefits exist:
Hivello will be running an X Space event for people to tune in, details below:
For the latest updates on staking, rewards, and DePIN integrations, users are encouraged to follow Hivello’s official channels:
Domenic Carosa, Co-Founder & Chairman of Hivello, stated:
“Launching $HVLO and listing it on Gate.io, MEXC, and Raydium is a major achievement for Hivello and our growing community. These listings provide global accessibility, allowing more users to engage with decentralized compute and earn rewards through DePIN.”
About Gate.io
Founded in 2013, Gate.io is one of the top 5 cryptocurrency exchanges globally by real trading volume, providing secure, reliable, transparent, and authentic digital asset trading services to over 20 million users. For more information, visit www.gate.io.
About MEXC
Established in 2018, MEXC serves more than 30 million users in more than 170 countries. MEXC has an extensive range of popular tokens and airdrop options. Their platform provides safe and effective access to digital assets, catering to both novice traders and seasoned investors. MEXC places an emphasis on innovation and simplicity, which increases the accessibility and profitability of token trading.
About Hivello
Hivello is a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks. The Swiss-based HVLO Association will issue the $HVLO token under license from Hivello Holdings Ltd.
For more information about Hivello and to stay updated on its developments, visit www.hivello.com
About Blockmate Ventures Inc.
Blockmate Ventures is a venture creator focussing on building fast-growing technology businesses relating to cutting-edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.
The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.
Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.
ON BEHALF OF THE BOARD OF DIRECTORS
Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-580-262-6130)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Forward-Looking Information
This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.
Source: The Conversation – USA – By Christopher B. Daly, Professor Emeritus of Journalism, Boston University
Literate in tone, far-reaching in scope, and witty to its bones, The New Yorker brought a new – and much-needed – sophistication to American journalism when it launched 100 years ago this month.
As I researched the history of U.S. journalism for my book “Covering America,” I became fascinated by the magazine’s origin story and the story of its founder, Harold Ross.
In a business full of characters, Ross fit right in. He never graduated from high school. With a gap-toothed smile and bristle-brush hair, he was frequently divorced and plagued by ulcers.
Ross devoted his adult life to one cause: The New Yorker magazine.
Born in 1892 in Aspen, Colorado, Ross worked out west as a reporter while still a teenager. When the U.S. entered World War I, Ross enlisted. He was sent to southern France, where he quickly deserted from his Army regiment and made his way to Paris, carrying his portable Corona typewriter. He joined up with the brand-new newspaper for soldiers, Stars and Stripes, which was so desperate for anybody with training that Ross was taken on with no questions asked, even though the paper was an official Army operation.
In Paris, Ross met a number of writers, including Jane Grant, who had been the first woman to work as a news reporter at The New York Times. She eventually became the first of Ross’ three wives.
After the armistice, Ross headed to New York City and never really left. There, he started meeting other writers, and he soon joined a clique of critics, dramatists and wits who gathered at the Round Table in the Algonquin Hotel on West 44th Street in Manhattan.
Over long and liquid lunches, Ross rubbed shoulders and wisecracked with some of the brightest lights in New York’s literary chandelier. The Round Table also spawned a floating poker game that involved Ross and his eventual financial backer, Raoul Fleischmann, of the famous yeast-making family.
In the mid-1920s, Ross decided to launch a weekly metropolitan magazine. He could see that the magazine business was booming, but he had no intention of copying anything that already existed. He wanted to publish a magazine that spoke directly to him and his friends – young city dwellers who’d spent time in Europe and were bored by the platitudes and predictable features found in most American periodicals.
First, though, Ross had to come up with a business plan.
The kind of smart-set readers Ross wanted were also desirable to Manhattan’s high-end retailers, so they got on board and expressed interest in buying ads. On that basis, Ross’ poker partner Fleischmann was willing to stake him US$25,000 to start – roughly $450,000 in today’s dollars.
In the fall of 1924, using an office owned by Fleischmann’s family at 25 West 45th St., Ross got to work on the prospectus for his magazine:
“The New Yorker will be a reflection in word and picture of metropolitan life. It will be human. Its general tenor will be one of gaiety, wit and satire, but it will be more than a jester. It will not be what is commonly called radical or highbrow. It will be what is commonly called sophisticated, in that it will assume a reasonable degree of enlightenment on the part of its readers. It will hate bunk.”
The magazine, he famously added, “is not edited for the old lady in Dubuque.”
In other words, The New Yorker was not going to respond to the news cycle, and it was not going to pander to middle America.
Ross’ only criterion would be whether a story was interesting – with Ross the arbiter of what counted as interesting. He was putting all his chips on the long-shot idea that there were enough people who shared his interests – or could discover that they did – to support a glossy, cheeky, witty weekly.
Ross almost failed. The cover of the first issue of The New Yorker, dated Feb. 21, 1925, carried no portraits of potentates or tycoons, no headlines, no come-ons.
Instead, it featured a watercolor by Ross’ artist friend Rea Irvin of a dandified figure staring intently through a monocle at – of all things! – a butterfly. That image, nicknamed Eustace Tilly, became the magazine’s unoffical emblem.
Inside that first edition, a reader would find a buffet of jokes and short poems. There was a profile, reviews of plays and books, lots of gossip, and a few ads.
It was not terribly impressive, feeling quite patched together, and at first the magazine struggled. When The New Yorker was just a few months old, Ross almost even lost it entirely one night in a drunken poker game at the home of Pulitzer Prize winner and Round Table regular Herbert Bayard Swope. Ross didn’t make it home until noon the next day, and when he woke, his wife found IOUs in his pockets amounting to nearly $30,000.
Fleischmann, who had been at the card game but left at a decent hour, was furious. Somehow, Ross persuaded Fleischmann to pay off some of his debt and let Ross work off the rest. Just in time, The New Yorker began gaining readers, and more advertisers soon followed. Ross eventually settled up with his financial angel.
A big part of the magazine’s success was Ross’ genius for spotting talent and encouraging them to develop their own voices. One of the founding editor’s key early finds was Katharine S. Angell, who became the magazine’s first fiction editor and a reliable reservoir of good sense. In 1926, Ross brought James Thurber and E.B. White aboard, and they performed a variety of chores: writing “casuals,” which were short satirical essays, cartooning, creating captions for others’ drawings, reporting Talk of the Town pieces and offering commentary.
As The New Yorker found its footing, the writers and editors began perfecting some of its trademark features: the deep profile, ideally written about someone who was not strictly in the news but who deserved to be better known; long, deeply reported, nonfiction narratives; short stories and poetry; and, of course, the single-panel cartoons and the humor sketches.
Intensely curious and obsessively correct in matters grammatical, Ross would go to any length to ensure accuracy. Writers got their drafts back from Ross covered in penciled queries demanding dates, sources and endless fact-checking. One trademark Ross query was “Who he?”
During the 1930s, while the country was suffering through a relentless economic depression, The New Yorker was sometimes faulted for blithely ignoring the seriousness of the nation’s problems. In the pages of The New Yorker, life was almost always amusing, attractive and fun.
The New Yorker really came into its own, both financially and editorially, during World War II. It finally found its voice, one that was curious, international, searching and, ultimately, quite serious.
Ross also discovered still more writers, such as A.J. Liebling, Mollie Panter-Downes and John Hersey, who was raided from Henry Luce’s Time magazine. Together, they produced some of the best writing of the war, most notably Hersey’s landmark reporting on the use of the first atomic bomb in warfare.
Over the past century, The New Yorker had a profound impact on American journalism.
For one thing, Ross created conditions for distinctive voices to be heard. For another, The New Yorker provided encouragement and an outlet for nonacademic authority to flourish; it was a place where all those serious amateurs could write about the Dead Sea Scrolls or geology or medicine or nuclear war with no credentials other than their own ability to observe closely, think clearly and put together a good sentence.
Finally, Ross must be credited with expanding the scope of journalism far beyond standard categories of crime and courts, politics and sports. In the pages of The New Yorker, readers almost never found the same content that they’d come across in other newspapers and magazines.
Instead, readers of The New Yorker might find just about anything else.
Christopher B. Daly 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. The New Yorker turns 100 − how a poker game pipe dream became a publishing powerhouse – https://theconversation.com/the-new-yorker-turns-100-how-a-poker-game-pipe-dream-became-a-publishing-powerhouse-246774
Source: The Conversation – USA – By Elizabeth Currid-Halkett, James Irvine Chair in Urban and Regional Planning and Professor of Public Policy, University of Southern California
Rural Americans – particularly men – are expected to live significantly shorter, less healthy lives than their urban counterparts, according to our research, recently published in the Journal of Rural Health.
We found that a 60-year-old man living in a rural area is expected on average to live two fewer years than an urban man. For women, the rural-urban gap is six months.
A key reason is worse rates among rural people for smoking, obesity and chronic conditions such as high blood pressure and heart disease. These conditions are condemning millions to disability and shortened lives.
What’s more, these same people live in areas where medical care is evaporating. Living in rural areas, with their relatively sparse populations, often means a shortage of doctors, longer travel distances for medical care and inadequate investments in public health, driven partly by declines in economic opportunities.
Our team arrived at these findings by using a simulation called the Future Elderly Model. With that, we were able to simulate the future life course of Americans currently age 60 living in either an urban or rural area.
The model is based on relationships observed in 20 years of data from the Health and Retirement Study, an ongoing survey that follows people from age 51 through the rest of their lives. Specifically, the model showed how long these Americans might live, the expected quality of their future years, and how certain changes in lifestyle would affect the results.
We describe the conditions that drive our results as “diseases of despair,” building off the landmark work of pioneering researchers who coined the now widely used term “deaths of despair.” They documented rising mortality among Americans without a college degree and related these deaths to declines in social and economic prospects.
The main causes of deaths of despair – drug overdoses, liver disease and suicide – have also been called “diseases of despair.” But the conditions we study, such as heart disease, could similarly be influenced by social and economic prospects. And they can profoundly reduce quality of life.
We also found that if rural education levels were as high as in urban areas, this would eliminate almost half of the rural-urban life-expectancy gap. Our data shows 65% of urban 60-year-olds were educated beyond high school, compared with 53% of rural residents the same age.
One possible reason for the difference is that getting a bachelor’s degree may make a person more able or willing to follow scientific recommendations – and more likely to work out for 150 minutes a week or eat their veggies as their doctor advises them to.
The gap between urban and rural health outcomes has widened over recent decades. Yet the problem goes beyond disparities between urban and rural health: It also splits down some of the party lines and social divides that separate U.S. citizens, such as education and lifestyle.
Scholarship on the decline of rural America suggests that people living outside larger cities are resentful of the economic forces that may have eroded their economic power. The interplay between these forces and the health conditions we study are less appreciated.
Economic circumstances can contribute to health outcomes. For example, increased stress and sedentary lifestyle due to joblessness can contribute to chronic health issues such as cardiovascular disease. Declines in economic prospects due to automation and trade liberalization are linked to increases in mortality.
But health can also have a strong influence on economic outcomes. Hospitalizations cause high medical costs, loss of work and earnings, and increases in bankruptcy. The onset of chronic disease and disability can lead to long-lasting declines in income. Even health events experienced early in childhood can have economic consequences decades later.
In tandem, these health and economic trends might reinforce each other and help fuel inequality between rural and urban areas that produces a profoundly different quality of life.
It should be noted that our results, like many studies, are describing outcomes on average; the rural population is not a monolith. In fact, some of the most physically active and healthy people we know live in rural areas.
Just how much your location affects your health is an ongoing area of research. But as researchers begin to understand more, we can come up with strategies to promote health among all Americans, regardless of where they live.
The Research Brief is a short take on interesting academic work.
Elizabeth Currid-Halkett was the Kluge Chair in Modern Culture at the Library of Congress while conducting some of this research.
Currid-Halkett is on the Scholars’ Council for the nonprofit Braver Angels.
Bryan Tysinger receives funding from NIA.
Jack Chapel 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. Rural Americans don’t live as long as those in cities − new research – https://theconversation.com/rural-americans-dont-live-as-long-as-those-in-cities-new-research-242261
Source: The Conversation – USA – By Wayne Unger, Assistant Professor of Law, Quinnipiac University
The city of Lancaster, Pennsylvania, was shaken by revelations in December 2023 that two local teenage boys shared hundreds of nude images of girls in their community over a private chat on the social chat platform Discord. Witnesses said the photos easily could have been mistaken for real ones, but they were fake. The boys had used an artificial intelligence tool to superimpose real photos of girls’ faces onto sexually explicit images.
With troves of real photos available on social media platforms, and AI tools becoming more accessible across the web, similar incidents have played out across the country, from California to Texas and Wisconsin. A recent survey by the Center for Democracy and Technology, a Washington D.C.-based nonprofit, found that 15% of students and 11% of teachers knew of at least one deepfake that depicted someone associated with their school in a sexually explicit or intimate manner.
The Supreme Court has implicitly concluded that computer-generated pornographic images that are based on images of real children are illegal. The use of generative AI technologies to make deepfake pornographic images of minors almost certainly falls under the scope of that ruling. As a legal scholar who studies the intersection of constitutional law and emerging technologies, I see an emerging challenge to the status quo: AI-generated images that are fully fake but indistinguishable from real photos.
While the internet’s architecture has always made it difficult to control what is shared online, there are a few kinds of content that most regulatory authorities across the globe agree should be censored. Child pornography is at the top of that list.
For decades, law enforcement agencies have worked with major tech companies to identify and remove this kind of material from the web, and to prosecute those who create or circulate it. But the advent of generative artificial intelligence and easy-to-access tools like the ones used in the Pennsylvania case present a vexing new challenge for such efforts.
In the legal field, child pornography is generally referred to as child sexual abuse material, or CSAM, because the term better reflects the abuse that is depicted in the images and videos and the resulting trauma to the children involved. In 1982, the Supreme Court ruled that child pornography is not protected under the First Amendment because safeguarding the physical and psychological well-being of a minor is a compelling government interest that justifies laws that prohibit child sexual abuse material.
That case, New York v. Ferber, effectively allowed the federal government and all 50 states to criminalize traditional child sexual abuse material. But a subsequent case, Ashcroft v. Free Speech Coalition from 2002, might complicate efforts to criminalize AI-generated child sexual abuse material. In that case, the court struck down a law that prohibited computer-generated child pornography, effectively rendering it legal.
The government’s interest in protecting the physical and psychological well-being of children, the court found, was not implicated when such obscene material is computer generated. “Virtual child pornography is not ‘intrinsically related’ to the sexual abuse of children,” the court wrote.
According to the child advocacy organization Enough Abuse, 37 states have criminalized AI-generated or AI-modified CSAM, either by amending existing child sexual abuse material laws or enacting new ones. More than half of those 37 states enacted new laws or amended their existing ones within the past year.
California, for example, enacted Assembly Bill 1831 on Sept. 29, 2024, which amended its penal code to prohibit the creation, sale, possession and distribution of any “digitally altered or artificial-intelligence-generated matter” that depicts a person under 18 engaging in or simulating sexual conduct.
While some of these state laws target the use of photos of real people to generate these deep fakes, others go further, defining child sexual abuse material as “any image of a person who appears to be a minor under 18 involved in sexual activity,” according to Enough Abuse. Laws like these that encompass images produced without depictions of real minors might run counter to the Supreme Court’s Ashcroft v. Free Speech Coalition ruling.
Perhaps the most important part of the Ashcroft decision for emerging issues around AI-generated child sexual abuse material was part of the statute that the Supreme Court did not strike down. That provision of the law prohibited “more common and lower tech means of creating virtual (child sexual abuse material), known as computer morphing,” which involves taking pictures of real minors and morphing them into sexually explicit depictions.
The court’s decision stated that these digitally altered sexually explicit depictions of minors “implicate the interests of real children and are in that sense closer to the images in Ferber.” The decision referenced the 1982 case, New York v. Ferber, in which the Supreme Court upheld a New York criminal statute that prohibited persons from knowingly promoting sexual performances by children under the age of 16.
The court’s decisions in Ferber and Ashcroft could be used to argue that any AI-generated sexually explicit image of real minors should not be protected as free speech given the psychological harms inflicted on the real minors. But that argument has yet to be made before the court. The court’s ruling in Ashcroft may permit AI-generated sexually explicit images of fake minors.
But Justice Clarence Thomas, who concurred in Ashcroft, cautioned that “if technological advances thwart prosecution of ‘unlawful speech,’ the Government may well have a compelling interest in barring or otherwise regulating some narrow category of ‘lawful speech’ in order to enforce effectively laws against pornography made through the abuse of real children.”
With the recent significant advances in AI, it can be difficult if not impossible for law enforcement officials to distinguish between images of real and fake children. It’s possible that we’ve reached the point where computer-generated child sexual abuse material will need to be banned so that federal and state governments can effectively enforce laws aimed at protecting real children – the point that Thomas warned about over 20 years ago.
If so, easy access to generative AI tools is likely to force the courts to grapple with the issue.
Wayne Unger 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. Legal fight against AI-generated child pornography is complicated – a legal scholar explains why, and how the law could catch up – https://theconversation.com/legal-fight-against-ai-generated-child-pornography-is-complicated-a-legal-scholar-explains-why-and-how-the-law-could-catch-up-247980
Source: The Conversation – USA – By Kate Adamala, Assistant Professor of Genetics, Cell Biology and Development, University of Minnesota
Most major biological molecules, including all proteins, DNA and RNA, point in one direction or another. In other words, they are chiral, or handed. Like how your left glove fits only your left hand and your right glove your right hand, chiral molecules can interact only with other molecules of compatible handedness.
Two chiralities are possible: left and right, formally called L for the Latin laevus and D for dexter. All life on Earth uses L proteins and D sugars. Even Archaea, a large group of microorganisms with unusual chemical compositions, stick to the program on the handedness of the main molecules they use.
For a long time, scientists have been speculating about making biopolymers that would mirror compounds in nature but in the opposite orientation – namely, compounds made of D proteins and L sugars. Recent years have seen some promising advancements, including enzymes that can make mirror RNAs and mirror DNAs.
When scientists observed that these mirror molecules behave just like their natural equivalents they considered that it would be possible to make a whole living cell from them. Mirror bacteria in particular had the potential to be a useful basic research tool – possibly allowing scientists to study a new tree of life for the first time and solve many problems in bioengineering and biomedicine.
This so-called mirror life – living cells made from building blocks with an opposite chirality to those that make up natural life – could have very similar properties to natural living cells. They could live in the same environment, compete for resources and behave like you would expect of any living organism. They would be able to evade infection from other predators and immune systems because these opponents wouldn’t be able to recognize them.
These features are why researchers like me were so attracted to mirror life in the first place. But these qualities are also huge bugs of this technology that make it a problem.
I am a synthetic biologist who studies using chemistry to create living cells. I am also a bioengineer who develops tools for the bioeconomy. As a chemist by training, engineering mirror life initially seemed like a fascinating way to answer foundational questions about biology and practically apply those findings to industry and medicine. As I learned more about the immunology and ecology of mirror life, however, I became aware of the potential environmental and health consequences of this technology.
It’s important to note that researchers are likely at least 10 to 30 years away from creating mirror bacteria. On the timescale of a fast-moving field like synthetic biology, a decade is a very long time. Creating synthetic cells is difficult on its own. Creating mirrored ones would require several technical breakthroughs.
However, it would come with a risk. If mirror cells were released into the environment, they would likely be able to quickly proliferate without much restriction. The natural mechanisms that keep ecosystems in balance, including infection and predation, would not work on mirror life.
Bacteria, like most life forms, are susceptible to viral infections. These bacterial viruses, or bacteriophages, enter bacteria by binding to their surface receptors and then use their cellular machinery to replicate. But just as a left glove doesn’t fit a right hand, natural bacteriophages wouldn’t recognize mirror cell receptors or be able to use its machinery. Mirror life would likely be resistant to viruses.
Microorganisms foraging in the environment also keep bacterial populations in check. They differentiate food from nonfood by using chemical “taste” receptors. Anything those receptors bind to, such as bacteria and organic debris, are considered edible, while things that cannot bind to those receptors, such as rocks, are classified as inedible. Think about how a dog foraging on the kitchen floor will eat a bread roll but only sniff a spoon and move on. Mirror life would be, to the bacterial predators, more like a spoon than bread – predators would “sniff” it with their receptors and move on because these cells can’t bind.
Safety from being eaten would be great news for mirror bacteria, because it would allow it to replicate freely. It would be much worse news to the rest of the ecosystem, because mirror bacteria might hog all the nutrients and spread uncontrollably. Even if mirror bacteria don’t actively attack other organisms, they would still consume food sources other organisms need. And since mirror cells would have much lower death rates than regular organisms due to a lack of predation, they would slowly but surely take over the environment.
Even if mirror cells grow more slowly than normal cells, they would be able to grow without anything stopping them.
Another biological control mechanism that wouldn’t be able to “sniff” out mirror cells is the immune system.
Your immune cells constantly check everything they find in your blood. The decision tree of an immune cell is fairly simple. First, decide whether something is alive or not, then compare it with its database of “self” – your own cells. If it is alive but is not a part of you, then it needs to be killed. Mirror cells likely wouldn’t pass the first step of that screen: it would not induce an immune response because the immune system would not be able to recognize or bind to mirror cell antigens. This means mirror cells could infect an unprecedentedly wide variety of hosts.
You might think an infection from mirror bacteria could be treated with antibiotics of the same handedness. It would probably work, and may even be easier on your gut than regular antibiotic therapy. Because antibiotics are also handed, mirror versions of these drugs would not affect your gut microbiome, just like how regular antibioics would not affect mirror cells.
But humans are a relatively small part of the ecosystem. All other animals and plants may also be susceptible to infection from mirror pathogens. While it is possible to imagine developing mirror antibiotics to treat human infections, it is physically impossible to treat the entire plant and animal world. If all organisms are susceptible to even a slow-moving infection by mirror bacteria, there is no good treatment that could be deployed across the entire ecosystem.
Mirror life is an exciting research subject and a potential tool with some practical applications in medicine and biotechnology. But for many scientists, including me, none of those benefits outweigh the serious consequences to human health and the environment that mirror life poses.
I and a group of researchers in immunology, ecology, biosafety and security – including some who used to actively work on mirror life – conducted a thorough analysis of possible concerns regarding the creation of mirror life. No matter how we looked at it, straight up or in the mirror, the conclusions were clear: The potential benefits of engineering mirror life are not worth the risk.
There is no way to make anything completely foolproof, and that includes any safeguards built into a mirror cell that could prevent the risk of accidental or deliberate release into the environment. Researchers working in this space, including us, may find this disappointing. But not making mirror cells can ensure the safety and security of the planet. More discussion among the global scientific community about what kinds of research on mirror biomolecules and related technologies are safe – as well as how to regulate this research – can help safeguard against potential harms.
Keeping mirror cells inside the mirror, rather than making them a physical reality, is the clearest path to staying safe.
Kate Adamala 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. Mirror life is a scientific fantasy leading to a dangerous reality − a synthetic biologist explains how mirror bacteria could conquer life on Earth – https://theconversation.com/mirror-life-is-a-scientific-fantasy-leading-to-a-dangerous-reality-a-synthetic-biologist-explains-how-mirror-bacteria-could-conquer-life-on-earth-245842
Source: Scottish Greens
Councils and local communities deserve our support to succeed.
Council Tax is a broken system that needs to be replaced rather than reformed, says Scottish Greens spokesperson for local government, Ariane Burgess MSP.
The call comes as the Scottish Government has announced that it is taking action to make the system “fairer.”
Ms Burgess said:
“Council tax is an outdated and broken tax that works for nobody.
“It isn’t fair to the households who are paying it and does not benefit the councils that are struggling to fund essential services.
“From schools and social care to waste collections, libraries and community centres, our councils are on the front line of delivering for our communities. We need to support them.
“Tweaking and reforming it is not enough. It is time to replace it with a fairer and more progressive system that would see most households paying less while the wealthiest would pay more.”
Ms Burgess added:
“The Scottish Greens have already delivered important reforms, like doubling Council Tax on holiday homes and allowing councils to set tourist levies, raising money for local services and helping to tackle the housing crisis.”
Source: United Kingdom – Executive Government & Departments
A key Russian cybercrime syndicate responsible for aiding merciless ransomware attacks around the world has been targeted by new UK sanctions.
Fresh sanctions are targeting ZSERVERS, a key component of the Russian cybercrime supply chain, and 6 of its members, as well as its UK front company, XHOST Internet Solutions LP. ZSERVERS provide vital infrastructure for cybercriminals as they plan and execute attacks against the UK.
The illicit supply chain protects, supports and conceals the operations of some of the world’s most ruthless ransomware gangs. Ransomware actors rely on these services to launch attacks, extort victims and store stolen data.
In the modern digital-first economy, cyber security is a non-negotiable cornerstone of business success. A secure digital economy is a less attractive target for cybercriminals and a more attractive home for investment, generating jobs and putting more money into hardworking people’s pockets, delivering on this government’s Plan for Change.
Foreign Secretary, David Lammy, said:
Putin has built a corrupt mafia state driven by greed and ruthlessness. It is no surprise that the most unscrupulous extortionists and cyber-criminals run rampant from within his borders.
This government will continue to work with partners to constrain the Kremlin and the impact of Russia’s lawless cyber underworld. We must counter their actions at every opportunity to safeguard the UK’s national security and deliver on our Plan for Change.
Predatory ransomware groups pose a clear and persistent threat to national security, public services and privacy. These attacks threaten critical national infrastructure, disrupt essential services, compromise sensitive data and generated $1 billion from their victims globally in 2023 alone.
Minister of State for Security, Dan Jarvis, said:
Ransomware attacks by Russian affiliated cybercrime gangs are some of the most harmful cyber threats we face today and the government is tackling them head on. Denying cybercriminals the tools of their trade weakens their capacity to do serious harm to the UK.
We have already announced new world-first proposals to deter ransomware attacks and destroy their business model. With these targeted sanctions and the full weight of our law enforcement, we are countering the threats we face to protect our national security, a foundation of our Plan for Change, and our economy.
ZSERVERS explicitly advertise themselves to illicit actors as a Bulletproof Hosting (BPH) Provider. Some BPH are known to host hackers, misinformation, child exploitation material, spam and hate speech. BPH providers like ZSERVERS, protect and enable cybercriminals, offering a range of purchasable tools which mask their locations, identities, and activities. Targeting these providers can disrupt hundreds or thousands of criminals simultaneously.
Today’s action is the latest in a series of coordinated steps alongside US and Australian partners, and comes off the back of recent sanctions against notorious ransomware groups LockBit and Evil Corp.
LockBit affiliates are known to have used ZSERVERS as a launch pad for targeting the UK, enabling ransomware attacks against various targets, including the non-profit sector.
Protecting the nation from threats both physical and digital sits at the foundation of the government’s Plan for Change. That is why we are moving through the entire ransomware pipeline step by step, cracking down on Russian cybercriminals that threaten the UK’s security, integrity, and prosperity.
The full list of those sanctioned today:
Further information on how our actions align with the UK government’s overall strategy to disrupt cybercrime, and how these actors support the broader cybercrime ecosystem: Ransomware, extortion and the cyber crime ecosystem, NCSC.GOV.UK
An overview of Bulletproof Hosting (BPH) providers from our Australian partners: “Bulletproof” hosting providers, Cyber.gov.au
View the full UK Sanctions List and more information on UK sanctions relating to Russia.
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Published 11 February 2025