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Category: Business

  • MIL-OSI United Kingdom: Farage fossil fuel free-for-all a disaster for people and planet

    Source: Scottish Greens

    02 Jun 2025 Climate Energy

    Leaving fossil fuels in the ground and going green is the only way that we can ensure a liveable planet and a sustainable economy

    More in Climate

    Nigel Farage’s plan to boost the profits of fossil fuel companies would destroy investment in the cheap, green renewable energy that Scotland needs, say the Scottish Greens.

    The comments followed a press conference given by Farage, leader of Reform UK, in Aberdeen on Monday 2nd June.

    Reform claimed that they would grant carte blanche to new oil and gas licenses in the North Sea, support fracking, and open new coal mines if in power. In 2024 nearly half of Reform’s donations were linked to climate denial and fossil fuel interests.

    Whilst North Sea oil and gas licenses are reserved to the UK Government, powers over fracking licenses are devolved. The Scottish Parliament voted to ban fracking in Scotland in 2017, and the Scottish Government banned new coal mining in 2022.

    Commenting further, Scottish Green spokesperson for Net Zero and Energy, Patrick Harvie said:

    “Far from being an anti-establishment party, Reform has been courting donations from rich oil and gas moguls who profit from climate breakdown.

    “So it’s no surprise that Farage and his cronies are desperate to do everything they can to shore up the astronomical profits of global corporate interests by promising a carte blanche to fossil fuel giants in the North Sea and across Scotland.

    “Investing in clean, green renewable energy is our best defence against global oil and gas prices, ensuring proper energy security and lower bills.

    “It’s also the best way to protect the long term job security of our world class energy workforce in Scotland – creating high paid, sustainable and secure jobs for decades to come. More than 47,000 people across Scotland are already employed directly or indirectly in the renewables industry in Scotland.

    “Rather than being a party for the people, Reform are happy to stick to a broken energy system that is harmful for people and planet.

    “Leaving fossil fuels in the ground and going green is the only way that we can ensure a liveable future for generations to come.”

    MIL OSI United Kingdom –

    June 3, 2025
  • MIL-OSI United Kingdom: Phase one of Harris Quarter public realm improvements completed

    Source: City of Preston

    2 June 2025

    Illuminate and Integrate scheme to enhance Preston’s historic and cultural quarter

    Phase one of the Illuminate and Integrate scheme, a key project in the transformation of the Harris Quarter has been completed, with work on Phase two of the project due to start late summer.

    The project has been designed to improve pedestrian and cycle space at a section of Lancaster Road adjacent to the Market Hall and Old Vicarage Road.

    The work includes a new pedestrian and cycle-friendly space with high-quality paving, trees, and other features, such as public seating and an expanded, flexible-use space around the market to create opportunities for alfresco dining.

    A key feature of the works on Old Vicarage is the installation of ‘Gobo’ lighting which projects moving images onto the pavements, lighting the way to Preston Market but also ‘animating’ the journey from the bus station to Animate, the new £45m+ entertainment and leisure complex due to open to the public in February 2025.

    In October, planning permission was granted for the Illuminate element of the scheme with improved lighting consisting of new and replacement columns, wall, canopy lights, and a mixture of heritage and modern lighting.

    Illuminate has also been designed to minimise energy usage, improve the quality of street lighting and make streets feel safer. The lighting improvements extend to additional streets Birley, Earl, Cheapside, and Market Street.

    Phase two of the works will focus on Lancaster Road. The public realm works will maintain the existing service and taxi provision, while Lancaster Road between Old Vicarage and Earl Street will be permanently closed to vehicles.

    This scheme is being delivered by Maple Grove Developments and Eric Wright Civil Engineering on behalf of Preston City Council, under the Harris Quarter Towns Fund Investment Programme with funding from Towns Fund, Preston City Council and Lancashire County Council.

    Preston City Council Cabinet Member for Community Wealth Building, Councillor Valerie Wise, said:

    “The proposed works are focused on improving the quality of the public spaces and creating safer and better paths between existing spaces and transport hubs such as the bus station. The aim is to encourage footfall and visitors to stay longer into the evening, supporting the Harris Quarter ‘as a go-to cultural destination in the city.’

    John Chesworth, Chair of Preston Towns Fund Strategic Board, added:

    “While it may only be a small part of the overall jigsaw, lighting fundamentally impacts place-making. Quite literally, Illuminate will showcase Preston’s fine architecture, promoting the areas of the Harris Quarter while creating an attractive but dynamic lighting scene and encouraging footfall to this area of Preston.”

    Nick Hague, project director at Maple Grove Developments, continued:

    “The scheme has been designed to sympathetically create a contemporary feel to the area without dismissing the heritage of the Harris Quarter. It’ll promote safety and assurance while helping to create a positive ambience.”

    Lancashire County Council Cabinet member for economic development and growth, Brian Moore, concluded:

    “We’re investing £800k in the city centre and encouraging sustainable transport by improving the links between the bus station and new transformational developments taking place in the Harris Quarter, which gives more options for people to walk and cycle. Making Preston a more attractive place to live and visit helps create new jobs, grow the night-time economy, and create a more vibrant city centre.

    “Alongside the recent improvement work on Ringway and Friargate delivered by the county council, we’re working closely in partnership to improve the wider city centre and provide people with more options for getting around.”

    Towns Fund – Town Deals

    The Towns Fund is working directly with places and putting power in the hands of local businesses and communities to unleash the economic potential of towns and high streets across England. The government wants to see vibrant towns that are more attractive places to live, work and visit; and to increase opportunity across the country so that everyone (wherever they live) can contribute to and benefit from economic growth. Preston 35 is the city’s renewed city investment plan, setting out Preston’s long-term objectives and strategy to transform the City, targeting resources and aligning public and private sector investments to respond to needs and capitalise on opportunities for positive change.

    Preston City Council actively applies and prioritises the principles of Community Wealth Building wherever applicable and appropriate. Community Wealth Building is an approach which aims to ensure the economic system builds wealth and prosperity for everyone. For more information, see community wealth building.

    Projects included in Preston’s £200 million Harris Quarter Towns Fund Investment Programme are:

    • Animate – £45m multi-use entertainment and leisure complex anchored by a state-of-the-art cinema and bowling venue next to Preston Markets
    • Educate Preston – The creation of a new Careers and Employment, Information, Advice and Guidance Hub in the Harris Quarter.
    • Renewal of Harris Quarter Assets – Investment to support the redevelopment of publicly-owned buildings in the Harris Quarter to support new cultural and community uses, including Amounderness House.
    • Illuminate and Integrate – A project to deliver improved pedestrian and cycleway infrastructure, street lighting and other public realm improvements within the Harris Quarter.
    • Preston Youth Zone – The development of Preston Youth Zone as a state-of-the-art facility for young people in Preston aged eight to 19.
    • #HarrisYourPlace – The refurbishment of the Grade I listed Harris Museum, Art Gallery & Library, enhancing and protecting the building for future generations.
    • Preston Pop Ups – £1m pop-up programme of events bringing together new temporary event space, artworks and improvements to public realm infrastructure, aimed at boosting visitor activity in the Harris Quarter.

    The Lancashire Economic Growth and Development Investment Fund (LEGDIF) is a strategic initiative led by Lancashire County Council aimed at fostering economic growth and development within Lancashire. By merging the remaining funds from the Lancashire Economic Recovery & Growth Fund (LERG) and the Lancashire Levelling Up Investment Fund (LLUIF), LEGDIF builds on this success and seeks to support key sectors, including emerging opportunities like cybersecurity.

    The City Deal agreement aims to continue to create new private sector jobs and encourage more new homes to be built across the area. It is an agreement between Preston City Council, South Ribble Borough Council and Lancashire County Council, along with central government and Homes England.

    For more details visit Invest – illuminate and integrate.

    MIL OSI United Kingdom –

    June 3, 2025
  • MIL-OSI USA News: SUNDAY SHOWS: President Trump is Supercharging the U.S. Economy

    Source: US Whitehouse

    This morning, Trump Administration officials took to the airwaves to describe how the One Big Beautiful Bill will be an economic boon for working Americans, the soaring nature of the Trump economy, and more.

    Here’s what you missed:

    Office of Management and Budget Director Russ Vought on State of the Union

    • On lowering the deficit: “This bill doesn’t increase the deficit or hurt the debt. In fact, it LOWERS it by $1.4 trillion.”
    • On protecting Medicaid: “This bill will preserve and protect the programs, the social safety net, but it will make it much more common sense.”
    • On cancer research funding: “We actually want it to go to cancer research. We want it to go to the research that people think that they have been funding through their tax dollars … We don’t want it to go to waste, fraud, and abuse.”

    Secretary of the Treasury Scott Bessent on Face the Nation

    • On prices: “We wanted to make sure that there aren’t price increases, Margaret — and thus far, there have been no price increases. Everything has been alarmist. The inflation numbers are actually dropping. We saw the first drop in inflation in four years.”
    • On inflation: “When we were here in March, you said there was going to be big inflation. There hasn’t been any inflation. Actually, the inflation numbers are the best in four years. So why don’t we stop trying to say this COULD happen — wait and see what DOES happen.”
    • On the deficit: “The deficit this year is going to be lower than the deficit last year — and in two years, it will be lower again. We are going to bring the deficit down slowly. We didn’t get here in one year.”

    Secretary of Commerce Howard Lutnick on Fox News Sunday

    • On tariffs: “The $1.2 trillion trade deficit, and all the underlying implications of that, is a national emergency. It’s gutting our manufacturing base … Rest assured, tariffs are not going away … Congress has given this authority to President Trump and he’s going to use it.”

    National Economic Council Director Kevin Hassett on This Week

    • On the deficit: “If the bill doesn’t pass, then we’re looking at the biggest tax hike in American history … The idea that it’s worse for the deficit to do something that pays for itself if we get 3% growth is just not defensible.”

    Secretary of Homeland Security Kristi Noem on Sunday Morning Futures

    • On deportations: “President Trump is doing exactly what he campaigned on and what the American people elected him to do — and that’s enforce the law. And so we are going to do mass deportations … We are going out there and ensuring that people that repeatedly break our laws are being held accountable.”
    • On international students at Harvard: “These ties to China are deeply alarming … If you come to this country to learn and you’re a foreign student and you recognize the opportunity, that’s fantastic — but don’t come here to spy on us and take that information back home to an enemy that is working to destroy us every day. And China has infiltrated this country. It’s my job to protect the homeland and I’ve been given that direction by President Trump. They will not participate in this foreign student program until they clean up their ways.”

    MIL OSI USA News –

    June 3, 2025
  • MIL-OSI: Duke University Student Receives the SBB Research Group Foundation STEM Scholarship

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 02, 2025 (GLOBE NEWSWIRE) — The SBB Research Group Foundation named Esther Hong Park a recipient of its STEM scholarship. The $2,500 award empowers students to create value for society by pursuing higher learning through interdisciplinary combinations of Science, Technology, Engineering, and Mathematics (STEM).

    Esther Hong Park, a first-year undergraduate student, studies biology at Duke University. Park also has contributed to the design of a new cost-efficient, modern chest tube to reduce complications in thoracotomies and serves as Hospitality Officer at Duke Remote Area Medical.

    “Esther is just starting out in her STEM career, but she’s already contributed so much. We are excited to see what she does as she continues her education,” said Matt Aven, co-founder and board member of the SBB Research Group Foundation.

    For eligibility criteria and more information on the Foundation’s STEM scholarship, please visit http://www.sbbscholarship.org.

    About the SBB Research Group Foundation

    The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation sponsors the SBB Research Group Foundation STEM Scholarship, supporting students pursuing Science, Technology, Engineering, and Mathematics (STEM) degrees. In addition to its scholarship program, the Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies.

    Contact: Erin Noonan
    Organization: SBB Research Group Foundation
    Email: scholarship@sbbrg.org
    Address: 450 Skokie Blvd, Building 600, Northbrook, IL 60062 United States
    Phone: 1-847-656-1111
    Website: https://www.sbbscholarship.com/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/344fa260-3041-4acd-82f7-8d01bc70ad4d

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Superior Energy Services Announces Appointment Of Neil Fletcher As Senior Vice President Of Business Development

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 02, 2025 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced the appointment of Neil Fletcher as Senior Vice President of Business Development. This strategic leadership role underscores the Company’s commitment to an integrated, enterprise-wide approach to growth and customer engagement.

    In this newly created position, Mr. Fletcher will be responsible for driving business development and marketing initiatives across all business units. His focus will include expanding customer relationships, identifying new market opportunities, and enhancing cross-selling of both established and emerging products and services. He will report directly to Jim Brown, President and Chief Operating Officer.

    “Neil’s demonstrated leadership and strategic vision make him the ideal choice to drive integration and growth across our global operations and lead our business development efforts,” said Jim Brown. “I’m confident that under Neil’s leadership we will unlock new opportunities and deliver even greater value to our customers.”

    Mr. Fletcher joined the Company following its acquisition of Rival Downhole Tools, where he served as Chief Executive Officer. Most recently, he held the role of Senior Vice President of Global Operations within the Company’s rentals division, where he successfully led the integration of Rival and Stabil Drill—streamlining operations and aligning strategic goals across the organization.

    With more than two decades of experience spanning operations, sales, engineering, and business development throughout the Western Hemisphere, Mr. Fletcher brings a deep understanding of the energy services landscape. He holds an MBA in Global Energy from the University of Houston’s Bauer College of Business and a B.A. in Marketing from the University of Louisiana at Lafayette.

    This appointment marks a significant step in the Company’s ongoing transformation, as it continues to align its capabilities with the evolving needs of its global customer base.

    For more information about Superior Energy Services, please visit www.superiorenergy.com

    About Superior Energy Services
    Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells. In addition to operations in North America, both on land and offshore, Superior Energy Services operates in approximately 47 countries internationally. For more information, visit: www.superiorenergy.com.

    Forward-Looking Statements
    This press release contains forward-looking statements that reflect our current views regarding the Company’s financial position and results, financial performance, liquidity, strategic alternatives (including dispositions, acquisitions, and the timing thereof), market outlook, future capital needs, capital allocation plans, business strategies and other plans and objectives of our management for future operations and activities. These statements are based on certain assumptions and analyses made by the Company’s management in light of its experience and prevailing circumstances on the date such statements are made. Such forward-looking statements, and the assumptions on which they are based, are inherently speculative and are subject to a number of risks and uncertainties outside of the Company’s control, including but not limited to conditions in the oil and gas industry, U.S. and global market and economic conditions generally and macroeconomic conditions worldwide, (including inflation, interest rates, supply chain disruptions and capital and credit markets conditions) that could cause the Company’s actual results to differ materially from such statements. We undertake no obligation to update these statements except as required by law.

    FOR FURTHER INFORMATION CONTACT:
    Joanna Clark, Corporate Secretary
    1001 Louisiana St., Suite 2900
    Houston, TX 77002
    Investor Relations, ir@superiorenergy.com, (713) 654-2200

    The MIL Network –

    June 3, 2025
  • MIL-OSI: David Turrettini appointed Chief Executive Officer of CAST

    Source: GlobeNewswire (MIL-OSI)

    PARIS and NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) — CAST, the software mapping and intelligence technology leader, today announced the appointment of David Turrettini, who previously held leadership roles at AWS, Hewlett-Packard, and Boston Consulting Group, as Chief Executive Officer. Vincent Delaroche, who founded CAST in a Paris garage and, as CEO, led its expansion to serve clients in more than 60 countries, has been elevated to Chairman of the Board and Product Strategy Committee lead. The changes mark the completion of the succession planning process initiated in 2022 as the company charted out its next decade of growth.

    “CAST was born from the recognition that the software running our world is nearly invisible to the people running it,” said Vincent Delaroche, CAST Founder and Chairman of the Board. “CAST illuminated the hidden, inside world of software, enabling companies to understand, improve, and transform it. I have been proud to lead this team as we kept asking the big questions and delivering the intelligence that business and technology leaders need. Our mission continues, and in David we have a leader who shares our values and can help CAST seize the opportunities ahead.” 

    Prior to joining CAST, David Turrettini has built and scaled new technology businesses. He built AWS’s Migration Acceleration Program, created the Enterprise Applications on AWS and Mainframe Modernization Specialty Sales worldwide teams, and led the North America Private Equity BD team. In each of these roles, David created programmatic approaches that have helped thousands of customers drive digital transformations. Previously, at HP, David introduced and scaled delivery of cloud-based offerings worldwide. At BCG, David defined strategic growth initiatives for technology, health care, and financial services companies across Europe and the US.

    David holds an MBA from The Wharton School, and a B.A. in Economics and International Relations from Cornell University.

    “Vincent not only built CAST but launched the Software Intelligence category,” said David Turrettini, CEO of CAST. “From financial services to telecoms, manufacturing to defense, millions of lives have been improved because of CAST. Society runs on software, and it runs better because of Vincent’s ideas and the brilliant work of CAST’s team. I am honored to take on this role, and excited to help write the next chapter of this industry.”

    Through the analysis of more than 100 billion lines of code, CAST has built an exclusive 25+ year dataset including the formulation of 50,000 relationship heuristics. These heuristics – patterns of how software elements interact inside applications from nearly every industry – enable CAST to deliver vital intelligence to IT leaders and teams to understand, improve, and transform their software. CAST’s technology has evolved to be used by AI platforms, equipping agents with the insights they need to operate on existing codebases with high precision at scale.

    CAST’s software mapping and intelligence technology is used by top cloud providers AWS, Azure, and Google Cloud; the world’s leading consultancies and integrators, such as BCG and Accenture; the U.S. military; as well as global enterprises such as Marsh McLennan, Delta Airlines, Liberty Mutual, and Telefonica.

    About CAST
    Businesses move faster using CAST technology to understand, improve, and transform their software. Through semantic analysis of source code, CAST produces 3D maps and dashboards to navigate inside individual applications and across entire portfolios. This intelligence empowers executives and technology leaders to steer, speed, and report on initiatives such as technical debt, GenAI, modernization, and cloud. As the pioneer of the software intelligence field, CAST is trusted by the world’s leading companies and governments, their consultancies and cloud providers. See it all at castsoftware.com.

    The MIL Network –

    June 3, 2025
  • MIL-OSI Africa: Togo: African Development Fund and the Republic of Togo Sign Partial Credit Guarantee Agreement to support mobilization of EUR 200 million Sustainable Loan

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, June 2, 2025/APO Group/ —

    The African Development Bank Group (www.AfDB.org) and the Government of Togo have signed a partial credit guarantee agreement to support the country’s mobilization of a sustainable financing facility of €200 million.

    Provided by the African Development Fund, the concessional lending arm of the African Development Bank Group, this partial credit guarantee will enable the government of Togo to leverage its country performance-based allocation by four times to raise €200 million from international commercial lenders including Legal & General (L&G) and Deutsche Bank. The African Development Bank is lead arranger.

    Funds mobilized under the partial credit guarantee will be allocated to green and social projects including climate adaptation, biodiversity preservation, sustainable agriculture, access to clean energy and pollution control. This is in line with Togo’s Sustainable Financing Framework as well as the country’s 2020–2025 Government Roadmap, which prioritizes inclusive growth and climate-resilient development.

    “This innovative operation is the result of the strategic guidance provided by His Excellency Faure Essozimna Gnassingbe, President of the Council, aimed at mobilizing innovative and sustainable financing solutions to support Togo’s development program. By securing this 20-year sustainable loan, we are sending a strong signal to international investors about the strength of our economic governance, our financial credibility, and our commitment to developing the country in line with the Sustainable Development Goals,” added Essowè Georges Barcola, Minister of Economy and Finance of the Republic of Togo.

    “This transaction marks a significant milestone in Togo’s sustainable development journey. By leveraging the Fund’s guarantee products, Togo is not only accessing long-term, affordable capital but also enhancing its visibility among international investors. This operation is strengthening confidence in the country’s credit profile and lays the groundwork for future market-based financing under increasingly favorable conditions,” said Solomon Quaynor, Bank Group Vice President for Private Sector, Infrastructure and Industrialization.

    Jake Harper, Senior Investment Manager, Asset Management at L&G said, “Channeling debt financing for sustainable outcomes will generate momentum towards bridging the $4 trillion annual SDG funding gap. L&G is proud to have partnered with the Fund as its first non-bank beneficiary lender, and the Government of Togo to support the sovereign’s crucial growth agenda. We believe these transactions and innovative financing methods are combating the historic risk-return misperception; and demonstrating the compelling investment opportunity for commercial institutional investors to contribute to global sustainable development with investment-grade credit risk.”

    “Deutsche Bank is extremely honored to have been selected to work on this landmark inaugural exercise for the Republic of Togo together with our partners at L&G, as well as the African Development Fund, and also Global Sovereign Advisory, Financial Advisors to the country,” said Maryam Khosrowshahi, Deutsche Bank Managing Director, Chair Global Sub-Saharan Africa, Head Sub-Saharan Africa Coverage. “Leveraging our notable track record of similarly structured financings as well as our close engagement with the AFDB/ADF and the authorities, we have been able to deliver long term funding to the country at efficient terms and in support of critical green and social projects under their Sustainable Finance Framework.”

    Approval of this sovereign operation comes as the African Development Fund enters the final stages of its 17th replenishment process. The project  aligns with the Fund’s intended shift toward directly accessing capital markets.

    “This transaction also showcases the innovative use of the ADF guarantee to increase financing volumes available for low-income countries, beyond the traditional performance-based allocations. It marks the first use of the Guarantor-of-Record structure with the ADF sharing a portion of the guarantee exposure with highly rated credit insurance partners,” said Hassatou N’Sele, Bank Group Chief financial Officer and Vice-President.

    MIL OSI Africa –

    June 3, 2025
  • MIL-OSI Video: Focus Session – Non-time critical payments

    Source: European Central Bank (video statements)

    Non-time critical (NTC) payments in TARGET Instant Payment Settlement (TIPS) would be a new functionality which allows for a tailored payment processing based on the criticality of the payment. Discover what benefits this would bring to payment service providers (PSPs) and the purpose for implementation.

    https://www.youtube.com/watch?v=74omRmqOT1M

    MIL OSI Video –

    June 3, 2025
  • MIL-OSI Security: Woman Guilty of Bank Fraud Conspiracy Involving Millions

    Source: US FBI

    HOUSTON – A 71-year-old woman has admitted to acting as a loan borrower on millions of dollars in fraudulent loans as part of a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei.

    Jennifer Williams admitted that from 2016 to 2021, she conspired with others in a bank fraud scheme involving dozens of loans totaling at least $10 million in fraudulent proceeds.

    As part of the plea, Williams acknowledged submitting loan applications with false income information along with fraudulent tax returns and financial statements. She also admitted using proceeds from the scheme to buy a home in the Houston area.

    Williams and others accomplished the bank fraud by preparing loan applications that contained false and fraudulent information and documents, including fake equipment sales invoices, income tax returns and financial and bank statements.

    U.S. District Judge Keith Ellison will impose sentencing Aug. 14. At that time, Williams faces up to five years in federal prison and a possible $250,000 fine or twice the amount involved in the transaction.  

    She was permitted to remain on bond pending that hearing. 

    Another Houston resident charged in the case – Hugo Villanueva, 70, – is considered a fugitive, and a warrant remains outstanding for his arrest. Anyone with information about his whereabouts is asked to contact the FBI at 713-693-5000.

    The Federal Housing Finance Agency – Office of Inspector General (OIG), IRS Criminal Investigation, FBI and Federal Deposit Insurance Corporation – OIG conducted the investigation. Assistant U.S. Attorney Belinda Beek is prosecuting the case.

    MIL Security OSI –

    June 3, 2025
  • MIL-OSI: PGD Eco Solutions, Inc. Announces Name Change to Intelithrive, Inc. and Launches New Website to Reflect Strategic Business Pivot

    Source: GlobeNewswire (MIL-OSI)

    NEW PORT RICHEY, Fla., June 02, 2025 (GLOBE NEWSWIRE) — PGD Eco Solutions, Inc. (OTC: PGDE), an emerging public company, announces a corporate name change to Intelithrive, Inc. (“Company”), reflecting its strategic pivot to becoming a next-generation incubator focused on artificial intelligence (AI), software-as-a-service (SaaS), and digital innovation.

    As part of this transformation, the Company has officially launched its new corporate website at www.intelithrive.com and appointed two key executives to lead the company into its next phase of growth.

    Strategic Rebrand Reflects AI and SaaS Incubation Focus

    The new name, Intelithrive, Inc. represents the Company’s evolution from its legacy operations in environmental solutions to a bold, forward-looking mission of accelerating innovation through incubation, investment, and operational support. The Company aims to launch, acquire, and nurture AI-powered startups in sectors including fintech, predictive analytics, consumer platforms, and decentralized technologies.

    Website Launch

    The newly unveiled website, www.intelithrive.com, offers insight into the company’s strategic direction, portfolio ambitions, and brand identity. It also serves as a hub for investors, partners, and entrepreneurs interested in collaborating with Intelithrive.

    “Intelithrive marks a new chapter as we build a platform that empowers disruptive ideas to thrive,” said the CEO. “With a sharper focus and stronger team, we’re excited to drive shareholder value through innovation.”

    About Intelithrive

    Intelithrive Inc. (formerly PGD Eco Solutions Inc.) is a public company headquartered in New Port Richey, Florida, dedicated to launching and scaling disruptive startups at the intersection of artificial intelligence, software, and digital innovation. Through a proprietary incubation model, the company identifies high-potential ideas and accelerates their development through capital, technology, and leadership support – www.intelithrive.com.

    FORWARD-LOOKING STATEMENT: 

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, this press release’s statements are forward-looking. Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate,” or “continue”, or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with OTC Markets. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. 

    For further information, please visit www.intelithrive.com or contact:

    Investor Relations
    Paul Ogorek, CEO
    Email: info@intelithrive.com
    Phone: +1 (800) 555-0199
    www.intelithrive.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ee22e60-7140-48f1-9c54-537bd6089add

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Alaris Equity Partners Announces Closing of $80 Million Bought Deal Offering of 6.50% Convertible Unsecured Senior Debentures, and a US$21.5 Million Follow-On Investment in the Shipyard

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES.
    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) — Unless otherwise stated, all numbers in this press release are presented in Canadian dollars. Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it has completed its previously announced offering of convertible unsecured senior debentures (“Debentures“) with a syndicate of underwriters (the “Underwriters“) led by National Bank Financial, CIBC Capital Markets and Desjardins Capital Markets, and including Acumen Capital Partners, Raymond James Ltd., RBC Capital Markets, Scotiabank, and Cormark Securities Inc. A total of $80 million aggregate principal amount of Debentures were issued at a price of $1,000 per Debenture (the “Offering“). The Trust has also granted the Underwriters an option to purchase up to an additional $12,000,000 aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, from time to time, up to 30 days following the closing of the Offering.

    The Debentures will bear interest at a rate of 6.50% per annum, payable semi-annually in arrears on June 30 and December 31 of each year commencing on December 31, 2025. The first payment will include accrued and unpaid interest for the period from closing to, but excluding, December 31, 2025. The Debentures will mature on June 30, 2030. The Debentures will commence trading today on the Toronto Stock Exchange under the symbol “AD.DB.B”.

    The Trust intends to use the net proceeds of the Offering to partially repay outstanding indebtedness under Alaris’ subsidiary’s senior debt facility which may be subsequently redrawn and used to fund future investments in new Partner (as defined below) investments or general trust purposes.

    The Shipyard Follow-On

    On May 14, 2025, Alaris closed a US$21.5 million follow-on investment into The Shipyard LLC (“The Shipyard“) in exchange for additional preferred equity in The Shipyard, which entitles Alaris to an additional annualized distribution of US$3.01 million (the “Shipyard Distribution“). The Shipyard used the proceeds of the additional investment to fund the purchase price of an acquisition.

    ABOUT ALARIS

    The Trust, through its subsidiaries, invests in a diversified group of private businesses (“Partners“) primarily through structured equity. The primary goal of our structured equity investments is to deliver stable and predictable returns to our unitholders through both cash distributions and capital appreciation. This strategy is enhanced by common equity positions, which allow us to generate returns in alignment with the founders of our Partners.

    This news release is not an offer of securities of Alaris for sale in the United States. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Debentures may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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    Forward-looking statements are subject to risks, uncertainties and assumptions and should not be read as guarantees or assurances of future performance. The actual results of the Trust and the Partners could materially differ from those anticipated in the forward-looking statements contained herein as a result of certain risk factors, including, but not limited to: the use of proceeds from the Offering in a manner that differs than as set forth herein, the ability of The Shipyard to pay distributions and that the listing of the Debentures will not occur in the timeframes set out herein. Additional risks that may cause actual results to vary from those indicated are discussed under the heading “Risk Factors” and “Forward Looking Statements” in the Trust’s Management Discussion and Analysis for the year ended December 31, 2024, which is filed under the Trust’s profile at www.sedarplus.ca and on its website at www.alarisequitypartners.com.

    Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. Statements containing forward-looking information reflect management’s current beliefs and assumptions based on information in its possession on the date of this news release. Although management believes that the assumptions reflected in the forward-looking statements contained herein are reasonable, there can be no assurance that such expectations will prove to be correct.

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Alaris does not undertake or assume any obligation to update or revise such statements to reflect new events or circumstances except as expressly required by applicable securities legislation.

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    The MIL Network –

    June 3, 2025
  • MIL-OSI Europe: AFRICA/DR CONGO – Testimony from Bukavu: Children are the silent victims of war

    Source: Agenzia Fides – MIL OSI

    Kinshasa (Agenzia Fides) – Children are the silent victims of all wars: in Gaza, Ukraine, Sudan, and in the eastern Democratic Republic of Congo. From Bukavu, the capital of South Kivu, currently under the control of the M23 rebel movement since mid-February (see Fides 17/2/2025), we have received a testimony that reflects the dramatic humanitarian situation in the region. Although the rebels have announced the creation of an administration to manage the conquered territories, the situation in South and North Kivu remains precarious, especially for the most vulnerable: women, children, and the elderly. We publish the full testimony, omitting the name of the person who shared it for security reasons.Sister Charline welcomes me to the ward of the Bukavu General Hospital, where, together with Sister Marie-Jeanne, she coordinates the reception and care for malnourished children. “Before the war there were about 40, now there are 84; there are even three per bed,” she tells me as she invites me into the large rooms. In one of them, a mother is dressing her eight-year-old daughter: she is about to return home. She is very thin, but has passed the critical phase. The girl says goodbye with a smile. The most serious cases are in the intensive care unit, including that of a baby abandoned in the hospital by its mother, from a combat zone. A nurse cares for him with care. The war has made it impossible to grow crops, harvest, and trade… and this, along with the looting, has caused hunger. “When we have enough adequate food, they recover in two weeks; otherwise, it takes up to two months… or they die. We try to send them home as soon as possible to make room for others, but sometimes the mothers tell us they will be short of food there again… I give them a little flour; I can’t do more,” Sister Charline adds, desolately. I go to greet Natalina. In her Ek’Abana center, she welcomes children accused of witchcraft, but also, since the war began, children entrusted to her by the Red Cross while they wait to find their families. There are about 25 in total. “Cases of girls accused of witchcraft are increasing,” Natalina says. Three have arrived this week. With their parents dead or absent, the girls lived with their grandparents or other relatives. The psychologist explains: the stress of these times, the succession of illnesses, deaths, job losses, and other problems, pushes people to seek answers in prayer rooms, where irresponsible pastors point to the most vulnerable as the cause of their ills. The girl is blamed and marginalized. Sometimes, it is the grassroots communities that accompany them to the center to save them. And what about the stress of children who flinch at every noise? Of miscarriages caused by the startle of gunshots? Of the violence the children witness at the hands of the occupiers, the bandits, the population itself when, in exasperation, they lash out at the alleged thief until they kill him? Of dropping out of school after fleeing with their families? Of the humiliation of being expelled from school because parents can no longer pay the quarterly fees? Of the shortage of daily food? As I was returning, a child asked me to buy him a pancake, which is sold cheaply on the street. “Who do you live with?” “With my grandmother.” Given the crisis, I overcame my reluctance: “Take two, one for Grandma.” “Then I’ll buy some flour,” he replied. Nothing to do with a whim. All this adds to the tally of children killed directly by bombs and violence. They are silent victims, like those in Gaza, who pay the price for a debt that is all ours.” (Agenzia Fides 2/6/2025)
    Share:

    MIL OSI Europe News –

    June 3, 2025
  • MIL-OSI Global: Cheaper food or a compromise on standards? Why the UK’s trade deal with the US is sounding alarm bells

    Source: The Conversation – UK – By Manoj Dora, Professor in Sustainable Production and Consumption, Anglia Ruskin University

    I Wei Huang/Shutterstock

    British farmers and food safety campaigners have been sounding the alarm over the recent deal struck between the UK and US. The agreement offers unprecedented access to US agricultural exports such as beef and ethanol into the UK market.

    While some hailed this as a breakthrough after previous talks stagnated under Joe Biden’s administration, critics argue it could undercut domestic producers, introduce lower standards for food and even compromise public health. With the cost of living remaining high, cheaper US imports may look appealing to British consumers. But many fear the products may come at a longer-term cost.

    The UK government has insisted it will not compromise on standards. Hormone-treated beef and chlorine-washed chicken remain banned. But critics are sceptical. At the White House, US trade officials suggested food rules should be based on science, hinting at renewed pressure to permit products currently excluded by UK law.

    But public opinion in the UK strongly supports high food standards. Surveys show most UK consumers reject hormone-fed beef and chlorinated chicken, valuing animal welfare and food safety. Given this, any shift toward US-style practices could trigger a backlash.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    The deal’s language – promising to “enhance agricultural market access” – raises concerns that this may be only the first step. Food safety advocates fear a slow erosion of standards under commercial pressure.

    Under the terms of the deal, the UK will allow in 13,000 tonnes of US beef tariff-free — a huge change from the 1,000-tonne cap (with a 20% tariff) previously in place. In exchange, the US will grant a matching quota for UK beef.

    The National Farmers’ Union (NFU) welcomed improved US market access. But domestically, many farmers feel exposed.

    They worry that cheap US beef, even if hormone-free, will undercut UK cattle raised under stricter welfare and environmental rules. Feedlot beef from the American Midwest is typically cheaper, prompting fears of price pressure.

    The NFU says this could be a “disaster” for British farming. Supermarkets including Tesco and Sainsbury’s say they will continue sourcing 100% British beef, but farmers fear US meat could enter the wholesale and catering sectors.

    There’s also concern about ethanol – a biofuel typically sourced from crops such as corn or wheat and used primarily as a petrol additive to reduce greenhouse gas emissions. The UK has eliminated a 19% tariff and opened a quota of 1.4 billion litres of US corn ethanol.

    But this threatens domestic bioethanol plants, which purchase millions of tonnes of British wheat each year for ethanol production. It plays a crucial role in supporting UK arable farming and rural economies.

    The NFU has warned that this could destabilise farm incomes, reduce local feed supplies and endanger the production of CO², which is used widely in food packaging, refrigeration and the carbonation of drinks across the UK industry. The NFU said the deal overlooked the complex role these plants play in the UK’s food system.

    UK consumers have been feeling the effects of rising food prices.
    Steve Travelguide/Shutterstock

    But cheaper imports could ease grocery bills in the UK, a welcome prospect given food price inflation peaked at more than 19% in 2023. Cheaper beef might help households increase their protein intake. For lower-income families, for example, small savings on staples could really improve nutrition.

    However, not all cheap calories are healthy. Britons are already encouraged to eat less red meat on health grounds. Increased access to cheaper beef could nudge intakes beyond recommended levels.

    Restaurateur Henry Dimbleby, the UK government’s former food strategy lead, has argued that undermining domestic standards for short-term savings risks health and environmental setbacks.

    Not just any commodity

    Food safety is another issue. While the government says all imports will meet UK standards, future trade negotiations could challenge that. Country-of-origin labelling and enforcement will be essential for consumer confidence.

    There’s also the risk of more ultra-processed food entering the UK. The deal may increase imports of US cereals, drinks and snack foods. While not inherently unsafe, many health advocates worry about worsening rates of obesity and diabetes if heavily processed products become cheaper and more common in the UK.

    Trade can bring benefits — but food isn’t just another commodity. It intersects with health, environment and rural life. The NFU warns that Britain’s high standards shouldn’t be quietly traded away under pressure from US agribusiness.

    The UK government claims it has preserved food protections while expanding trade. What will be key is whether consumers see real savings, as well as whether supermarkets stick to British meat. If not, it remains to be seen whether UK farmers can compete or if they will be squeezed out.

    Crucially, UK regulators must hold the line if the US pushes harder. A prosperous deal should not just mean more trade — but safer, healthier and fairer food for all.

    Manoj Dora does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Cheaper food or a compromise on standards? Why the UK’s trade deal with the US is sounding alarm bells – https://theconversation.com/cheaper-food-or-a-compromise-on-standards-why-the-uks-trade-deal-with-the-us-is-sounding-alarm-bells-257755

    MIL OSI – Global Reports –

    June 3, 2025
  • MIL-OSI Global: From period pain to heart disease, the gender health gap is real – here’s how to close it

    Source: The Conversation – UK – By Jennifer Bousfield, Senior Analyst, Health and Care Research Group, RAND Europe

    Dragana Gordic/Shutterstock

    For decades, women’s health has been chronically underfunded and under-researched. The consequences of this neglect are widespread and deeply damaging.

    Millions of women live with avoidable pain, delayed diagnoses, inadequate treatments and poor access to care. The ripple effects reach far beyond individual health: they impact families, workplaces and the wider economy.

    In recent years, some progress has been made. In 2022, the UK government launched the first ever women’s health strategy for England, which was a landmark recognition that the health needs of women have been systematically overlooked in research, policy and service design.

    The strategy pledged better support for menopause, increased funding for research, the creation of women’s health hubs, which provide a convenient location for women to access multiple services, such as gynaecology, sexual health, contraception an menopause care. These hubs aim to improve access, enhance experiences, reduce health inequalities for women and improved coordination across NHS services.

    But just two years later, that momentum is at risk of stalling.


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    The government’s wider NHS reform efforts, coupled with cost-cutting, have included the withdrawal of national funding incentives for women’s health hubs. This decision has triggered concern across the health sector.

    These hubs were designed to bring together vital services – from menstrual and menopause support to contraception and fertility care – in one location. They have shown promise in narrowing gender health gaps.

    One of us (Jennifer) was involved in a recent evaluation by Rand Europe and the University of Birmingham, which found that women using the hubs reported overwhelmingly positive experiences, and collaboration between hub leaders and local healthcare services were key to their success. Yet many of these services are now at risk of being dismantled before they’ve had a chance to take root.

    This is not a marginal issue. Women make up 51% of the UK population. Still, for decades, they’ve been underrepresented in clinical research, resulting in diagnostic blind spots and treatments that don’t account for female physiology. Conditions like endometriosis, adenomyosis and heavy menstrual bleeding affect millions but remain understudied and are frequently dismissed.




    Read more:
    Symptoms of androgen excess in women are too often being overlooked – or dismissed as ‘just cosmetic’


    In other cases – such as heart disease and dementia – a lack of gender-specific understanding can be life-threatening.

    Innovation is booming — but is it reaching the right people?

    At the same time, women’s health is seeing a surge in innovation. The “femtech” sector is booming and expected to be worth US$117 billion globally by 2029 (£86 billion). From AI-powered diagnostic apps and menstrual tracking wearables, to 3D-printed pessaries, advanced ultrasonic imaging tools and new breast cancer therapies, the possibilities are exciting.

    But innovation alone isn’t enough – and it risks deepening existing inequalities if not implemented thoughtfully. The gender health gap persists, and disparities in healthcare access and outcomes are often worse for women based on geography, ethnicity or income. Without inclusive design, these shiny new tools could widen the divide rather than close it.

    There are growing concerns around bias in health technologies, particularly AI. If algorithms are trained on data that doesn’t reflect the diversity of the population, they can miss key symptoms, produce inaccurate results or fail to support women from minority backgrounds. Technology must be matched by transparency, oversight and inclusion.




    Read more:
    AI can guess racial categories from heart scans – what it means and why it matters


    Even the most advanced tools are meaningless without strong systems in place to govern them. Innovation must be embedded into accessible, well-funded services – and those services must be built around the real needs of women. Trust, relevance, and cultural sensitivity aren’t optional extras – they’re essential for success.

    As the UK government moves ahead with NHS reforms, it must not lose sight of the importance of women’s health. Getting this right means more than launching new apps or pilot schemes. It means long-term commitment and investment backed by evidence.

    At RAND Europe, our research points to two central challenges: a lack of equitable access to services and a disconnect between innovation and the needs of women.

    If we want to create meaningful, lasting change, three key priorities must be addressed:

    1. Sustainable funding: short-term pilots of new therapies or treatments often show promise, only to vanish when initial funding ends. Women’s health hubs, and similar services, need stable, long-term support to become embedded parts of the health system – not experiments at risk of collapse.

    2. Stronger cross-sector collaboration: progress depends on better coordination across the NHS, academia, industry, charities and the public. Working together can reduce the duplication of efforts, align priorities and drive real results.

    3. Accessible information and health literacy: for services and innovations to work, people need to understand them. Clear, reliable information is crucial – not just for women, but for healthcare professionals too. Empowering patients to make informed choices is key to improving outcomes.

    Women’s health is not a side issue. It’s a foundation of a healthy, fair society. Investing in it doesn’t just benefit women, it strengthens families, communities and the economy.

    The NHS ten-year plan presents a vital opportunity. If the ambitions of the women’s health strategy are to become reality, they must be baked into long-term planning with clear, measurable goals.

    Sonja Marjanovic receives grant and contract funding for wider portfolios of research on healthcare services and innovation. She works at RAND Europe, a not for profit policy research institute and she is a Trustee of The Nuffield Trust.

    Stephanie Stockwell receives grant and contract funding for wider portfolios of research on healthcare services and innovation. Stephanie Stockwell works at RAND Europe, a not f profit research institute and is on the committee for the physical activity for health division of the Chartered Society of Sport and Exercise Scientists.

    Jennifer Bousfield does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. From period pain to heart disease, the gender health gap is real – here’s how to close it – https://theconversation.com/from-period-pain-to-heart-disease-the-gender-health-gap-is-real-heres-how-to-close-it-252565

    MIL OSI – Global Reports –

    June 3, 2025
  • MIL-OSI Global: The four best non-lyrical vocal moments in pop music – from la la las to duh duh duhs

    Source: The Conversation – UK – By Glenn Fosbraey, Associate Dean of Humanities and Social Sciences, University of Winchester

    My professional life revolves around the academic study of song lyrics. So it may seem like a strange move to write about how some of the most powerful and emotive vocal moments in popular music have come when singers reject words. But it’s impossible to ignore that sometimes a song needs something more universal, more innate and more guttural than language.

    Some vocalists have eschewed words entirely in their songs, like Ella Fitzgerald scatting throughout Flying Home (1945), or David Crosby da da dumming his way through Song With No Words (1971). More frequently, though, these wordless singalong moments appear as hooks.

    Think the “la la la las” of Elton John’s Crocodile Rock (1972); the “duh duh duh duhs” in The Fratellis’ Chelsea Dagger (2006); the “ooh-aah-aaahs” of Fun’s Some Nights (2012) and Coldplay’s Viva La Vida (2008); or the ear worm “eh, eheu, eheus” of Bastille’s Pompeii (2013).

    To paraphrase Ronan Keating (for the first and probably last time), sometimes singers say it best when they say nothing at all. And here are my four favourite examples of where they do just that.

    1. The Great Gig in the Sky by Pink Floyd (1973)

    When Richard Wright brought his song The Great Gig in the Sky to the studio during Pink Floyd’s The Dark Side of The Moon recording sessions, the band felt something was missing. They wanted a “foreground element to make it really transcend”, and versatile session vocalist Clare Torry was brought in to provide it.

    The Great Gig in the Sky by Pink Floyd.

    Receiving little musical direction from the band apart from that they wanted the vocal to be wordless, she ad-libbed a few different ideas before leaving the studio, fully expecting nothing more to come of it. To Torry’s surprise, her vocal not only made it onto the finished record, but arguably became a pinnacle not just of the album, but of Floyd’s entire canon.

    With a jaw-dropping wail that elevated the track to near-celestial heights, Torry managed to express the full range of human emotion without relying on words. Her contribution was eventually recognised with a co-authorship credit alongside Wright.

    2. Anywhere by Rita Ora

    If my championing of non-lexical sounds in songs is to dabble in unfamiliar waters, then praising anything by Rita Ora is to sail into “here there be monsters” territory. And yet the hook of her 2017 song Anywhere is just so dang good that it demanded to be include here.

    Anywhere by Rita Ora.

    Heavily-treated and chopped-up by producers Alesso, Andrew Watt and Sir Nolan, Ora’s vocal flirts with decipherability as the occasional word emerges from the wonderful confusion, but then veers joyously off into digitised gibberish again.

    It’s a prime example of what a crucial role production can play in a song’s success. Such is the manipulation of her original take, even Ora herself admits that she has no idea what she’s singing. Sadly, public and media pressures eventually led her to reveal what the lyrics were before they were “chopped up”.

    If you really want to know, watch this Live Lounge performance. For me, though, the power of the song lies beyond language, so, in this case, ignorance is indeed bliss.

    3. Blue Moon by Elvis Presley (1956)

    There have been some great falsetto singers over the decades, with the likes of Frankie Valli, Brian Wilson, The Bee Gees, Smokey Robinson and Prince all true masters of the craft. My favourite ever example, though, comes from Elvis’s eponymous 1956 album and his cover of Blue Moon.

    Blue Moon by Elvis Presley.

    After spending the first two minutes of the track in the trademark croon of his lower register, Elvis then soars into wordless falsetto at various points in the last 30 or so seconds. It’s unexpected. It’s delicate yet somehow strong. And it’s musical heaven.

    4. Gimme Shelter by The Rolling Stones (1969)

    Similarly to The Great Gig in the Sky, The Rolling Stones wanted something that would transform their new song Gimme Shelter from good into great. The solution was soul and gospel singer Merry Clayton, who was brought in to sing the heavy, dark chorus, first alongside Mick Jagger, then solo. The rest, as they say, is history.

    I can’t include Clayton’s vocal itself in this list, seeing as it contains words, but I can include a by-product of it, which, for me, is one of the greatest, most natural moments ever caught on record: Mick Jagger’s reaction.

    Gimme Shelter by The Rolling Stones.

    At 3m 02s, when the intensity of Clayton’s third go-around of the line “rape, murder, it’s just a shot away” has caused her voice to crack under the strain, we hear Jagger whooping in the background, unable to contain his amazement and joy at what he was witnessing.

    Gimme Shelter’ has become one of the Stones’ most enduring tracks and is a staple of their live shows, which include some great performances of Merry’s section from Lisa Fischer and Chanel Haynes, and a not-so-great one from Lady Gaga. As with so many things, though, nothing will ever come close to the original.

    Glenn Fosbraey does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The four best non-lyrical vocal moments in pop music – from la la las to duh duh duhs – https://theconversation.com/the-four-best-non-lyrical-vocal-moments-in-pop-music-from-la-la-las-to-duh-duh-duhs-257386

    MIL OSI – Global Reports –

    June 3, 2025
  • MIL-OSI Global: California wildfire plan to ban most plants within 5 feet of homes overlooks some important truths about flammability

    Source: The Conversation – USA – By Max Moritz, Wildfire Specialist, University of California Cooperative Extension; Adjunct Professor at the Bren School, University of California at Santa Barbara, University of California, Santa Barbara

    Photos after the Los Angeles fires in January 2025 show many yards where vegetation didn’t burn while neighboring houses did. AP Photo/Chris Pizzello

    One of the most striking patterns in the aftermath of many urban fires is how much unburned green vegetation remains amid the wreckage of burned neighborhoods.

    In some cases, a row of shrubs may be all that separates a surviving house from one that burned just a few feet away.

    As scientists who study how vegetation ignites and burns, we recognize that well-maintained plants and trees can actually help protect homes from wind-blown embers and slow the spread of fire in some cases. So, we are concerned about new wildfire protection regulations being developed by the state of California that would prohibit almost all plants and other combustible material within 5 feet of homes, an area known as “Zone 0.”

    Photos before and after the 2025 Palisades Fire show thick green vegetation between two closely spaced homes. The arrow shows the direction of the fire’s spread.
    Max Moritz; CAL FIRE Damage Inspection photos, CC BY

    Wildfire safety guidelines have long encouraged homeowners to avoid having flammable materials next to their homes. But the state’s plan for an “ember-resistant zone,” being expedited under an executive order from Gov. Gavin Newsom, goes further by also prohibiting grass, shrubs and many trees in that area.

    If that prohibition remains in the final regulation, it’s likely to be met with public resistance. Getting these rules right also matters beyond California, because regulations that originate in California often ripple outward to other fire-prone regions.

    Lessons from the devastation

    Research into how vegetation can reduce fire risk is a relatively new area of study. However, the findings from plant flammability studies and examination of patterns of where vegetation and homes survive large urban fires highlight its importance.

    When surviving plants do appear scorched after these fires, it is often on the side of the plant facing a nearby structure that burned. That suggests that wind-blown embers ignited houses first: The houses were then the fuel as the fire spread through the neighborhood.

    We saw this repeatedly in the Los Angeles area after wildfires destroyed thousands of homes in January 2025. The pattern suggests a need to focus on the many factors that can influence home losses.

    Shrubs in Zone 0 of a home did not ignite during the Eaton Fire, despite the home burning.
    Max Moritz

    Several guides are available that explain steps homeowners can take to help protect houses, particularly from wind-blown embers, known as home hardening.

    For example, installing rain gutter covers to keep dead leaves from accumulating, avoiding flammable siding and ensuring that vents have screens to prevent embers from getting into the attic or crawl space can lower the risk of the home catching fire.

    However, guidance related to landscaping plants varies greatly and can even be incorrect.

    For example, some “fire-safe” plant lists contain species that are drought tolerant but not necessarily fire resistant. What matters more for keeping plants from becoming fuel for fires is how well they’re maintained and whether they’re properly watered.

    How a plant bursts into flames

    When living plant material is heated by a nearby energy source, such as a fire, the moisture inside it must be driven off before it can ignite. That evaporation cools the surrounding area and lowers the plant’s flammability.

    In many cases, high moisture can actually keep a plant from igniting. We’ve seen this in some of our experimental work and in other studies that test the flammability of ornamental landscaping.

    With enough heat, dried leaves and stems can break down and volatilize into gases. And, at that point, a nearby spark or flame can ignite these gases and set the plant on fire.

    Plant flammability testing shows how quickly twigs, grasses, plants and leaves will burn at different moisture levels. The images on the right are from an experiment at the University of California’s South Coast Research and Extension Center to test flammability of a living but overly dry plant.
    Max Moritz (left); Luca Carmignani (right)

    Even when the plant does burn, however, its moisture content can limit other aspects of flammability, such as how hot it burns.

    Up to the point that they actually burn, green, well-maintained plants can slow the spread of a fire by serving as “heat sinks,” absorbing energy and even blocking embers. This apparent protective role has been observed in both Australia and California studies of home losses.

    How often vegetation buffers homes from igniting during urban conflagrations is still unclear, but this capability has implications for regulations.

    California’s ‘Zone 0’ regulations

    The Zone 0 regulations California’s State Board of Forestry is developing are part of broader efforts to reduce fire risk around homes and communities. They would apply in regions considered at high risk of wildfires or defended by CAL FIRE, the state’s firefighting agency.

    Many of the latest Zone 0 recommendations, such as prohibiting mulch and attached fences made of materials that can burn, stem from large-scale tests conducted by the National Institute of Standards and Technology and the Insurance Institute for Business and Home Safety. These features can be systematically analyzed.

    But vegetation is far harder to model. The state’s proposed Zone 0 regulations oversimplify complex conditions in real neighborhoods and go beyond what is currently known from scientific research regarding plant flammability.

    Green lawns, trees and shrubs were still visible after the Eaton Fire burned homes in Altadena, Calif., in January 2025.
    Mario Tama/Getty Images

    A mature, well-pruned shrub or tree with a high crown may pose little risk of burning and can even reduce exposure to fires by blocking wind and heat and intercepting embers. Aspen trees, for example, have been recommended to reduce fire risk near structures or other high-value assets.

    In contrast, dry, unmanaged plants under windows or near fences may ignite rapidly and make it more likely that the house itself will catch fire.

    As California and other states develop new wildfire regulations, they need to recognize the protective role that well-managed plants can play, along with many other benefits of urban vegetation.

    We believe the California proposal’s current emphasis on highly prescriptive vegetation removal, instead of on maintenance, is overly simplistic. Without complementary requirements for hardening the homes themselves, widespread clearing of landscaping immediately around homes could do little to reduce risk and have unintended consequences.

    Max Moritz has nothing to disclose.

    Luca Carmignani has nothing to disclose.

    – ref. California wildfire plan to ban most plants within 5 feet of homes overlooks some important truths about flammability – https://theconversation.com/california-wildfire-plan-to-ban-most-plants-within-5-feet-of-homes-overlooks-some-important-truths-about-flammability-257109

    MIL OSI – Global Reports –

    June 3, 2025
  • MIL-OSI USA: Creating 600 Tech Jobs in New Brooklyn Headquarters

    Source: US State of New York

    overnor Kathy Hochul today announced that Queen One, Inc., a visionary commerce technology company, will establish its new headquarters at 25 Kent Avenue in Williamsburg, Brooklyn, under a 10-year lease agreement. The 30,000-square-foot facility represents more than $10 million in capital investment and is expected to create 600 full-time, high-tech jobs while generating $67 million in research and development investment over the next five years as the company builds its next-generation e-commerce platform. Supported by $6 million in performance-based Excelsior Jobs Program tax credits from Empire State Development, this headquarters marks a major step forward in advancing New York’s leadership in innovation, job creation and the digital economy.

    “New York is the destination of choice for the next generation of technology companies, and Queen One’s decision to launch its headquarters in Brooklyn is a powerful endorsement of that momentum,” Governor Hochul said. “This project brings hundreds of high-quality jobs and millions in research and development, reaffirming our commitment to making the Empire State a national leader in innovation, talent, and opportunity. We’re proud to support projects that not only grow the economy but also strengthen our communities through inclusive, forward-looking investment.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Under Governor Hochul’s leadership, New York continues to be at the forefront of technology and innovation. Queen On’’s decision to establish its headquarters in Brooklyn is a testament to our state’s talented workforce, vibrant business ecosystem, and strategic investments in the industries of tomorrow. Empire State Development is proud to support Queen One’s growth as part of our broader efforts to attract cutting-edge companies, strengthen regional economies, and position New York as a national leader in tech-driven innovation.”

    Queen One COO & Founder Maricor Resente said, “Empire State Development’s support isn’t just an investment in Queen One; it’s an investment in the future of New York. I can say with immense pride that we are building something truly special right here in Brooklyn. This city isn’t just where we work; it’s a part of who we are. We are creating these jobs, not just to grow Queen One, but to show other entrepreneurs why New York is the best place to build.”

    Queen One CEO & Founder Ryan Urban said, “What we’re setting up to do here in Brooklyn is to build a foundation for vision and creation, right in the heart of a city that never stops creating. We’re developing a Vision Centre where innovation meets purpose and our team will ship breakthrough technology. Monday through Thursday, it will be a destination, hosting the best organizations and people in New York. Friday, Saturday, and Sunday the space transforms into an Imaginarium for adults with autism to have friends, enjoy life and break free.”

    Queen One is a New York-based company with a bold vision for the future of commerce. Its technology brings life and energy to brand websites and communication programs. Guided by the belief that every product has a story, Queen One is building a platform that helps communicate their value and drive real revenue for Commerce brands worldwide. While anchored by deeply-skilled technology roles — including product designers, software engineers, and generative artificial intelligence experts — the headquarters will also house key commercial teams driving sales, marketing, and partnerships. Together, these roles will strengthen Brooklyn’s emerging tech and innovation corridor.

    Empire State Development is supporting Queen One’s new headquarters with $6 million in performance-based Excelsior Jobs Program tax credits tied to job creation commitments. This strategic investment exemplifies New York’s approach to attracting innovative companies that deliver high-paying jobs and substantial research and development. By backing cutting-edge e-commerce and AI firms, the state is positioning itself as the premier East Coast destination for next-generation technology companies, leveraging its world-class talent pipeline and established innovation ecosystem to compete with traditional tech hubs nationwide.

    New York City Economic Development Corporation (NYCEDC) President & CEO Andrew Kimball said, “We are proud to work with Queen One on their selection of their new headquarters right here in New York City – a move that will bring 600 jobs to the city by 2030. Queen One joins a thriving innovation ecosystem in Brooklyn and its emphasis on AI will contribute to NYC’s status as the applied AI capital of the world. 25 Kent, in the heart of Williamsburg, will serve as an ideal launchpad for Queen One’s New York City chapter.”

    Additionally, Queen One is committed to fostering community engagement through workforce development programs, local technology training initiatives, and industry networking events hosted at its facilities. The company is also establishing a weekend center for adults with autism — a dedicated space for connection, support, and creation — a mission close to the hearts of its founding team. By opening its headquarters to the public, Queen One aims to create meaningful connective experiences that contribute to the vibrancy of the Williamsburg neighborhood.

    New York City’s vibrant tech ecosystem continues to attract innovative firms like Queen One, solidifying its role as a global leader in digital innovation and entrepreneurship. The city’s unique combination of diverse talent, robust capital access, renowned academic institutions, and creative energy provides an unmatched foundation for both established tech giants and emerging startups. Recent investments from prominent companies such as OpenAI, Duolingo and StubHub, along with strategic investments from high-growth firms like Figma, Rippling, Rokt, and Quadrature, underscore this dynamic environment. Queen One’s new Brooklyn headquarters further accelerates growth within emerging tech corridors, contributing to breakthrough developments in artificial intelligence, e-commerce, and digital infrastructure. As New York fosters these innovations, the state is not just keeping pace with the future of technology—it’s helping to define it as the premier destination for companies seeking to scale operations in a thriving, forward-thinking market.

    MIL OSI USA News –

    June 3, 2025
  • MIL-OSI: FormFactor, Inc. Announces Purchase of New Manufacturing Facility

    Source: GlobeNewswire (MIL-OSI)

    LIVERMORE, Calif., June 02, 2025 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ: FORM), a leading provider of test and measurement technologies for the semiconductor industry, today announced that it has purchased a manufacturing site in Farmers Branch, Texas. The site, which comprises four structures and includes 50,000 square feet of clean room space, was purchased for $55 million dollars.

    Commenting on the purchase, Mike Slessor, CEO of FormFactor, Inc., said, “FormFactor’s purchase of the Farmers Branch, Texas manufacturing facility enables us to acquire a scarce, fit-for-purpose asset that aligns with our strategic roadmap and provides significant operational flexibility. Located in a lower-operating cost region, it is one of a handful of existing facilities in the U.S. that has a clean room and comes equipped with the infrastructure to meet our future manufacturing needs.”

    Slessor added, “As we’ve said for some time, we are seeing increased test intensity driven by the adoption of advanced packaging technologies, which is in turn driving increased demand for FormFactor’s probe-card products. This is evident in the recent rapid growth of our High Bandwidth Memory, or HBM, probe-card revenue, and we expect this advanced-packaging driven growth to continue.”.

    “The purchase of this facility, for a competitive price, creates optionality for us in cost-effectively meeting this anticipated increasing long-term demand, and it will be an important step forward as we refine our operational strategy.”

    About FormFactor:

    FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurement technologies along the full semiconductor product life cycle – from characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.

    Forward-looking Statements:

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the federal securities laws, including with respect to the Company’s future financial and operating results, and the Company’s plans, strategies and objectives for future operations. These statements are based on management’s current expectations and beliefs as of the date of this release, and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding future financial and operating results, including under the heading “Outlook” above, market trends, conditions in and the growth of the semiconductor industry and the Company’s performance, and other statements regarding the Company’s business. Forward-looking statements may contain words such as “may,” “might,” “will,” “expect,” “plan,” “anticipate,” “forecast,” “continue,” and “prospect,” and the negative or plural of these words and similar expressions, and include the assumptions that underlie such statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in and impacts from export control, tariffs and other trade barriers; changes in demand for the Company’s products; customer-specific demand; market opportunity; anticipated industry trends; the availability, benefits, and speed of customer acceptance or implementation of new products and technologies; manufacturing, processing, and design capacity, goals, expansion, volumes, and progress; difficulties or delays in research and development; industry seasonality; risks to the Company’s realization of benefits from acquisitions; reliance on customers or third parties (including suppliers); changes in macro-economic environments; events affecting global and regional economic and market conditions and stability such as tariffs, military conflicts, political volatility, infectious diseases and pandemics, and similar factors, operating separately or in combination; and other factors, including those set forth in the Company’s most current annual report on Form 10-K, quarterly reports on Form 10-Q and other filings by the Company with the U.S. Securities and Exchange Commission. In addition, there are varying barriers to international trade, including restrictive trade and export regulations such as the US-China restrictions, dynamic tariffs, trade disputes between the U.S. and other countries, and national security developments or tensions, that may substantially restrict or condition our sales to or in certain countries, increase the cost of doing business internationally, and disrupt our supply chain. No assurances can be given that any of the events anticipated by the forward-looking statements within this press release will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Unless required by law, the Company is under no obligation (and expressly disclaims any such obligation) to update or revise its forward-looking statements whether as a result of new information, future events, or otherwise.

    Investor Contact:
    Stan Finkelstein
    Investor Relations
    (925) 290-4273
    ir@formfactor.com

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Blue Mountain Launches Spring 2025 RAM Release, Advancing Asset Management for Life Sciences

    Source: GlobeNewswire (MIL-OSI)

    STATE COLLEGE, Pa., June 02, 2025 (GLOBE NEWSWIRE) — Blue Mountain, the leader in GMP-compliant Enterprise Asset Management (EAM) software for life sciences, announces the launch of its Spring 2025 RAM Release, introducing advanced capabilities that drive operational excellence, maximize compliance, and empower mobile teams across the Life Sciences industry.

    The Spring 2025 release builds on RAM’s trusted foundation by delivering enhancements in three transformative areas:

    • Condition-Based Maintenance (CBM): Enables organizations to move beyond scheduled routines to smarter, condition-driven workflows. Real-time threshold management and automatic task generation ensure precision interventions, reducing downtime and cutting maintenance costs.
    • RAM Mobile Enhancements: Teams can now execute work plans offline, submit mobile requests with photos, and maintain data integrity on the go. These updates dramatically reduce mean time to detection and improve documentation completeness.
    • Artificial Intelligence: Now available in validation environments, RAMMY AI delivers instant, contextual answers sourced directly from validated documentation—slashing lookup times by up to 98% and unlocking daily productivity gains.

    “Our Spring 2025 Release represents a major step toward predictive maintenance and mobile-first efficiency,” said Judy Fainor, Chief Technology Officer. “With condition-based maintenance, powerful mobile capabilities, and the introduction of AI, we’re enabling Life Sciences teams to work smarter, faster, and more compliantly than ever.”

    About Blue Mountain

    Blue Mountain is the leader in enterprise asset management for Life Sciences. For over 35 years, Blue Mountain has been committed to delivering innovative and high-quality solutions that ensure regulatory compliance, enable operational efficiency and equipment uptime, and provide insights that optimize asset lifecycle management. Trusted by more than 450+ Life Sciences companies, the Blue Mountain industry-leading cloud platform helps companies master end-to-end GMP asset management from set-up to installation and from training to validation. Blue Mountain is backed by Accel-KKR and headquartered in State College, PA.

    For more information, please visit www.coolblue.com and follow the company on LinkedIn.

    Media Contact:

    Christian Rockwell
    carockwell@coolblue.com

    The MIL Network –

    June 3, 2025
  • MIL-OSI Africa: Etu Energias Targets 80,000 Barrels Per Day (BPD), Joins Angola Oil & Gas (AOG) 2025 as Gold Sponsor

    Source: Africa Press Organisation – English (2) – Report:

    LUANDA, Angola, June 2, 2025/APO Group/ —

    Angolan private energy company Etu Energias has joined this year’s edition of the Angola Oil & Gas (AOG) conference as a Gold Sponsor. The sponsorship reflects the company’s commitment to supporting Angola’s oil and gas production goals, as it seeks to sustain output above one million barrels per day (bpd) beyond 2027. For its part, Etu Energias targets 80,000 barrels per day (bpd) by 2030, and the AOG sponsorship highlights a broader objective of engaging with stakeholders to achieve this goal.

    Etu Energias’ sponsorship comes as the company undertakes an ambitious exploration campaign in Angola. The company signed a Risk Service Contract for onshore Block CON 4 in May 2025, outlining a 25-year operating licensing, including a five-year exploration timeframe and 20-year production period. To date, Etu Energias – alongside block partners Sonangol and Gesprocon – have completed the first phase of studies for the block and have defined a seismic survey. The milestone reflects a broader trend by the company to scale-up its exploration and production. By 2030, the company seeks to increase its oil reserves to 387 million barrels. The AOG sponsorship supports this goal by offering a platform for engagement and deal-signing.

    AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    As Angola’s largest private oil producer, Etu Energias has stakes in eight exploration projects, 10 development projects and seven redevelopment projects. The company targets a series of developments in 2025, all of which support the advancement of underexplored blocks in Angola. Notably, Etu Energias plans to complete deforestation and demining for Block FS/FST in 2025, with the first exploration well expected to be spud this year. At offshore Block 2/05, the company plans to complete exploration studies this year, with drilling set for 2025/2026. To support block acquisition, Etu Energias is also planning to hold an Initial Public Offering (IPO) in 2026, aimed at strengthening its financial capacity. The IPO will not only support debt reduction, but provide greater access to a wider investment pool.

    Etu Energias’ exploration and production outlook builds on a highly-successful year in 2024, whereby the company expanded its portfolio of operated and non-operated assets from 6 to 15. The company’s oil reserves increased by 2.5 times during this period, reaching 106 million barrels. Major milestones during the year include an increase in block acquisitions. Offshore, the company increased its stake in Block 2/05 from 30% to 36%; in Block 14 from 20% to 29%; in Block 14K from 10% to 14.5%; and in Block 17/06 from 5% to 7.5%. Looking ahead, these acquisitions are expected to increase the company’s production capacity as it strives to unlock new deposits in Angola.

    Beyond the upstream sector, Etu Energias strives to expand its downstream portfolio, following the launch of its lubricant line in 2024. Launched in collaboration with Glide Petroleum, the 1,000-ton-per-month line is expected to start production in 2025. The project aligns with goals by Etu Energias to capture 25% share of the market by 2029. Etu Energias’ AOG 2025 sponsorship will support Etu Energias’ goals, offering an opportunity for the company to engage with industry leaders, connect with global partners and outline the company’s long-term approach to exploration and production.

    MIL OSI Africa –

    June 3, 2025
  • India and Japan strengthen maritime ties with focus on shipbuilding, green ports, and smart islands

    Source: Government of India

    Source: Government of India (4)

    In a significant step toward deepening maritime cooperation, Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal on Monday held a bilateral meeting with Japan’s Vice Minister for International Affairs, Terada Yoshimichi, in Oslo, Norway. The discussions, aimed at fostering stronger maritime relations between India and Japan, covered key areas such as shipbuilding, port digitization, green port initiatives, maritime training, and the transformation of India’s Andaman & Nicobar and Lakshadweep islands into Smart Islands.

    The ministers explored opportunities for Japanese investment in Indian shipyards, with a focus on collaborations involving leading Japanese companies like Imabari Shipbuilding, JMUC, Kanagawa Dockyard, and Mitsubishi Heavy Industries. Sonowal highlighted India’s interest in joint ventures with these firms, particularly for greenfield projects like Imabari Shipbuilding’s initiative in Andhra Pradesh. He also invited Japan’s maritime giants—NYK Line, MOL, and K Line—to explore investment opportunities in India’s burgeoning maritime sector.

    “Japan’s expertise in shipbuilding and ship repair is globally recognized, and we see immense potential for collaboration,” said Sonowal. “Our strong bilateral ties and India’s growing maritime industry present a unique opportunity for Japanese shipyards to invest in India, while collaboration on port digitization and green port initiatives will enhance the sustainability of our maritime logistics network.”

    The meeting also emphasized sustainable technologies and disaster-resilient infrastructure, with both sides discussing the development of Andaman & Nicobar and Lakshadweep as Smart Islands. Leveraging Japan’s expertise in island development, the collaboration aims to integrate renewable energy, smart mobility systems, and digital infrastructure while prioritizing ecological conservation and regional maritime security.

    Vice Minister Terada expressed Japan’s keen interest in expanding maritime collaboration, particularly in shipbuilding and seafarer training. “India and Japan share an intimate relationship, and we are very interested in the maritime sector,” he said, noting positive discussions on mutual cooperation. Japan, already a key partner in India’s railway infrastructure, is now looking to strengthen its presence in the maritime domain.

    A key focus of the talks was the upskilling and employment of Indian seafarers in Japan. With over 154,000 trained seafarers, India is well-positioned to support Japan’s maritime workforce. Sonowal proposed structured training programs by Japanese maritime leaders to enhance the skills of Indian engineers and workers, further solidifying bilateral ties.

    The ministers also discussed India’s ambitious National Maritime Heritage Museum (NMHC) at Lothal, Gujarat, aimed at showcasing the country’s rich maritime legacy. Sonowal invited Japan to partner in this project and expressed hope for an early MoU to formalize the collaboration. Additionally, he extended an invitation to Vice Minister Terada for the India Maritime Week 2025, to be held in Mumbai from October 27-31, 2025, to explore further opportunities for investment and innovation in the maritime sector.

    The talks underscored the deep Indo-Japanese partnership, rooted in shared values of democracy, freedom, and cultural ties. Both sides reaffirmed their commitment to regional maritime security and economic integration through frameworks like the Quad and the India-Japan-Australia Supply Chain Resilience Initiative (SCRI). Sonowal highlighted India’s alignment with Japan-led initiatives such as the International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Leadership Group for Industry Transition (LeadIT).

    “Under the visionary leadership of Prime Minister Narendra Modi, India is transforming its maritime sector through initiatives like Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047,” said Sonowal. “With Japan’s partnership, we aim to scale new heights, targeting five trillion yen (₹3.2 lakh crore) in investments by 2027 for a sustainable and mutually beneficial future.”

    June 3, 2025
  • MIL-OSI United Kingdom: Companies House appoints Luisa Fulci as Director of Transformation and Business Change

    Source: United Kingdom – Executive Government & Departments

    News story

    Companies House appoints Luisa Fulci as Director of Transformation and Business Change

    Luisa Fulci joins Companies House as Director of Transformation and Business Change during a key phase of digital and operational change.

    Companies House has appointed Luisa Fulci as its new Director of Transformation and Business Change.  

    Luisa brings a wealth of experience from both the public and private sectors. As Digital Customer and Commercial Services Director at Dudley Metropolitan Borough Council, she led the modernisation of digital and commercial services across housing, adult social care, environmental services, public health and corporate operations. 

    Prior to this, Luisa spent 16 years at Royal Mail, where she held several senior leadership roles. As Commercial Director, she implemented major reform initiatives to customer services and delivered commercial and digital strategies that prioritised customer needs.  

    Luisa is currently a non-executive board member at HM Courts and Tribunals Service, having been appointed in April 2024. Her previous non-executive roles include board positions at East Kent Hospitals University NHS Foundation Trust and Camden and Islington NHS Foundation Trust. At CILEx Regulation, she also advised on digital transformation and aided efforts to improve diversity in the legal profession. 

    Luisa has joined the Executive team at Companies House at a significant period of renewal. Her appointment reflects the organisation’s commitment to improving digital processes, ensuring operational efficiency and creating quality services for customers and stakeholders. 

    Reflecting on her appointment, Luisa said:

    I’m delighted to be joining Companies House at such a pivotal time of change. I’m looking forward to collaborating with my new colleagues to build on the substantial work that has already begun to create a more modern, digital and customer-focused organisation.

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    Published 2 June 2025

    MIL OSI United Kingdom –

    June 3, 2025
  • MIL-OSI: Arv Private Wealth Launches with Support from LPL Strategic Wealth

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 02, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Christian Reuter, James “Scott” Robinson and Michael Capeder have launched a new independent practice, Arv Private Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth. They reported serving approximately $330 million in advisory, brokerage and retirement plan assets* and join LPL from RBC.  

    Based in San Diego, Reuter and Robinson have been collaborating since 2012 and bring a combined six decades of financial industry experience to the practice. Capeder, who entered the financial industry in 2018, completes the team. Together, they aim to create an independent practice focused on helping clients work towards a more secure financial future. The firm’s name is a nod to the Danish word for “legacy” and “heritage,” serving as a guidepost for providing a holistic and integrated experience for their clients.

    “Clients face a myriad of situations throughout their lives — both good and bad — and it’s our responsibility to be there for them,” Reuter said. “Not just as financial advisors, but as trusted confidants, friends and someone they can turn to for guidance. For us, it’s not just about managing their wealth; it’s about being there for our clients when they need us most.”

    Why they made the move to LPL
    The team chose to affiliate via LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.

    “From our first meeting, it was clear that everything LPL offers is designed with the advisor in mind,” Reuter said. “From LPL’s Admin Solutions which will allow our clients to schedule appointments quickly and easily, to ClientWorks, where they can access all their accounts with a single sign on, we will be able to create our ideal independent practice and deliver a next-level client experience.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome the Arv Private Wealth team and congratulate them on going independent with LPL Strategic Wealth. At LPL, we believe in providing the strategic support and innovative resources advisors can use to deliver differentiated client experiences. We look forward to supporting this team 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 over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 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 LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    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 

    Tracking #743659

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Invesco Ltd: Form 8.3 – Thruvision Group PLC; Public dealing disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Thruvision Group plc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    30.05.2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    N/A  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1p ordinary GB00B627R876  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 7,805,872* 4.49      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 7,805,872* 4.49      
    *The change in the holding of 2,332,836 shares since the last disclosure on 14.01.2025 is due to the transfer in of a discretionary holding at 1.45 GBP.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    1p ordinary GB00B627R876 Sale 230,851 0.01 GBP  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements, or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 02.06.2025  
    Contact name Philippa Holmes  
    Telephone number +441491417447  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

    June 3, 2025
  • MIL-OSI: ESET Names Ryan Grant as Country Manager, US and Canada

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 02, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, today announced that Ryan Grant has been promoted to Country Manager for US and Canada, effective June 1. Reporting to Palo Balaj, Chief Business Officer at ESET, Grant will provide leadership across sales and marketing functions, lead team development and market engagement, support operational alignment with ESET’s global headquarters, and represent ESET’s North America business.

    “As ESET evolves to meet the complex challenges of today’s cybersecurity landscape, strong, forward-thinking leadership in our regional markets is more important than ever,” said Balaj. “North America is vital for ESET’s global growth, and having visionary leadership at the helm is essential to realizing its potential. Ryan has demonstrated a clear vision, a deep understanding of our partners and customers, and an ability to lead with both strategy and precision. Ryan’s appointment as Country Manager for the US and Canada ensures North America is not only aligned with our global direction, but also well-positioned for continued success.”

    “ESET North America is experiencing a moment of transformation, and I am incredibly honored by the opportunity to lead the company during this critical phase of growth,” said Grant. “It’s an exciting time to step into this role as we deepen our global integration and sharpen our focus on innovation, integrations and delivering results for SMBs, enterprises and the partner community. I look forward to working closely with our leadership teams across the US and Canada to expand our sales, marketing, partnerships, and brand awareness initiatives to ensure ESET is a vendor of choice for companies demanding next-level threat intelligence, EDR/XDR solutions and MDR services.”

    Since joining ESET North America in 2021, Grant has been instrumental in transforming the company’s channel business and brand awareness with end users – most recently serving as Vice President of Sales and Marketing. Working alongside Bob Bonneau, Country Manager for ESET Canada, Grant has unified ESET’s U.S. and Canada sales and marketing teams, including enterprise, distribution, managed service provider (MSP), national service provider (NSP), value-added reseller (VAR), and retail segments. Bonneau will continue reporting to Grant with this appointment.

    In order to drive brand recognition and loyalty with customers, Grant has ramped up ESET’s direct touch team to develop local experts and ensure a strong presence across North America. He also collaborated closely with ESET’s global leadership to bring ESET World to the United States for the first time in over a decade earlier this year. Taking place at the Aria Resort & Casino in Las Vegas, ESET World 2025 brought together leading experts, technologists, enterprises, government, and industry professionals from around the globe to discuss the latest cyber threats, innovations, regulations, and cutting-edge research facing attendees.

    Focused on channel partner feedback, Grant has also worked with the North America marketing team to launch new campaigns and go-to-market programs that boost lead generation and support sales across ESET’s full portfolio. This unified approach ensures that channel partners have seamless access to the technical, sales, and marketing resources they need to grow and pursue opportunities in areas like enterprise, threat intelligence, services, and cyber insurance. ESET has also continued to enhance its partner program and implement forward-thinking technologies and strategies. He has focused on identifying and empowering ESET’s most engaged partners while launching targeted incentives to drive brand loyalty and participation. At the same time, he’s expanded the channel ecosystem through focused partner recruitment, particularly among MSPs and MSSPs.

    Prior to his current position, Grant joined ESET from Ingram Micro, where he spent more than two decades leading the VMware, Dell and Integrated Solutions business units. Before that, Grant served as vice president, advance solutions, with responsibility for more than $2B in annual revenue and oversight of 125 associates focused on sales, vendor management, marketing and purchasing.

    To learn more about ESET’s partner program, visit https://www.eset.com/us/partnernow/.

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown— securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts and blogs.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af926679-9184-453e-ac91-ba69f9e2ef76

    The MIL Network –

    June 3, 2025
  • MIL-OSI: ASUS Wins 41 Prestigious Red Dot Design Awards for Product Design 2025, Showcasing World-Class Excellence

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 02, 2025 (GLOBE NEWSWIRE) — ASUS today announced that it has been honored with 41 Red Dot Design Awards for Product Design 2025, reinforcing the company’s long-standing reputation for pushing the boundaries of innovation and excellence in product design. These wins highlight the ASUS commitment to creating technology that excels in both form and function, in line with its In Search of Incredible spirit.

    The awards were earned across a wide range of Product Design categories: Computer and Information Technology (35 awards), Mobile Phones, Tablets and Wearables (3), Luggage and Bag (1), TV and Home Entertainment (1), and Communication Technology (1).

    Each product recognized demonstrates a high standard of design, reflecting the ASUS dedication to user-centric innovation and quality craftsmanship.

    About the Red Dot Design Award for Product Design 2025

    The Red Dot Design Award for Product Design is one of the most respected international design competitions, celebrating outstanding product design since 1955.

    This year, entries were submitted from over 60 countries and evaluated by a jury of 43 independent experts from 21 nations — including designers, professors, journalists, and consultants.

    Products were assessed based on four key principles of good design: quality of function, quality of seduction, quality of use, and quality of responsibility.

    Each submission underwent a rigorous evaluation process, with criteria such as innovation, usability, and sustainability playing a central role. The jury carefully reviewed each entry through hands-on testing and in-depth discussions.

    The official list of winners will be published on July 8, 2025, in the Red Dot Winners Section.

    For more information and updates, visit www.asus.com/ca-en/

    2025 Red Dot Design Awards for Product Design Winners
    Accessories ASUS Master Thunderbolt 5 Dock DC510
    ROG SLASH Backpack series
    Displays ROG Swift OLED 27/32 series
    ProArt Display PA27UCGE/PA32UCE
    ProArt Display OLED 32/27 series
    ZenScreen Duo OLED MQ149CD
    ZenScreen Smart MS27UC/ MS32UC
    Networking RT-BE58 Go
    PC cases ProArt PA401
    Storage ASUS Cobble Enclosure
    Gaming PCs ASUS TUF Gaming T5 series
    ROG G7 series
    Commercial laptops ASUS ExpertBook P5 series – P5405
    ASUS ExpertBook P3 series
    ASUS ExpertBook P1 series
    ASUS ExpertBook B3 series
    ASUS ExpertBook B5 series
    ASUS Chromebook CX1 series
    ASUS ExpertBook B1 series
    All-in-one PCs ASUS AiO VM6 Series
    ASUS ExpertCenter AiO P4 series
    Gaming laptops ASUS TUF Gaming A14 (FA401)
    ROG FLOW Z13 (GZ302)
    ROG Strix Scar 16/18 G16/18
    Consumer laptops ASUS Vivobook 14/16 Flip
    ASUS Vivobook Classic series
    ASUS V16
    ASUS Zenbook S 14/16 (UX5406/UX5606)
    ASUS Zenbook A14 (2025)
    Smartphones Zenfone 12 Ultra
    ROG PHONE 9
    ROG PHONE 9 Pro
    Mini PCs ASUS ExpertCenter PN54
    ASUS NUC ASUS NUC 15 Pro
    ASUS NUC 15 Pro+
    Peripherals ROG Azoth Extreme
    ROG Harpe Ace Extreme
    Motherboards ProArt Z890-CREATOR WIFI
    Graphics cards ROG Astral RTX 50 series
    ROG Astral LC RTX 50 series
    TUF Gaming RTX 50 series


    NOTES TO EDITORS

    ASUS Laptops: https://www.asus.com/ca-en/store/laptops/
    ASUS Business Laptops: https://www.asus.com/ca-en/business/laptops/all-series/
    ASUS Gaming Laptops: https://www.asus.com/ca-en/laptops/for-gaming/all-series/
    ASUS Gaming Desktops: https://www.asus.com/us/site/gaming/rog/gaming-desktops/
    ASUS Pressroom: http://press.asus.com
    ASUS Canada Facebook: https://www.facebook.com/asuscanada/
    ASUS Canada Instagram: https://www.instagram.com/asus_ca
    ASUS Canada YouTube: https://ca.asus.click/youtube
    ASUS Global X (Twitter): https://www.x.com/asus

    About ASUS

    ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/668122c4-0236-4d9f-9f07-e41124cc54b8

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Check Point Software Technologies Recognized as a Best Company to Work For by U.S. News & World Report

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., June 02, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that U.S. News & World Report has named the company among its 2025-2026 list of Best Companies to Work For. In addition, Check Point was also recognized as a Best Company to Work For in the IT industry.

    This recognition highlights Check Point’s commitment to fostering a culture of innovation, inclusion, and continuous growth across its global workforce. The U.S. News rankings evaluate companies based on metrics that matter most to employees, including quality of pay and benefits, work-life balance, professional development, and workplace culture.

    “We are honored to be recognized by U.S. News & World Report as one of the Best Companies to Work For,” said Tom DiMartino, Head of Human Resources, Americas at Check Point Software Technologies. “At Check Point, we believe our people are our greatest asset. That’s why we invest deeply in creating an environment where employees can thrive, innovate, and make a real impact.”

    This recognition adds to a series of accolades for Check Point, including being named one of America’s Best Cybersecurity Companies in 2025 by Newsweek and Statista, one of the World’s Best Companies by TIME and Statista in 2024 and earning a spot on the Forbes list of the World’s Best Employers for five consecutive years.

    Check Point continues to grow its global team, offering career opportunities across engineering, cyber threat research, sales, and more. This award underscores the company’s dedication to attracting and retaining top talent in the cybersecurity industry.

    To learn more about career opportunities at Check Point, visit: https://careers.checkpoint.com/

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    X: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com/
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 

    Check Point Software Technologies Ltd. (http://www.checkpoint.com/) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements  
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Mimecast Partners with Zscaler to Mitigate Multi-Vector Cyber Threats

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., June 02, 2025 (GLOBE NEWSWIRE) — Mimecast, a global cybersecurity leader transforming the way businesses manage and secure human risk, today announced a new strategic integration with Zscaler™. Building on Mimecast’s extensive library of technology integrations, the partnership will help deliver real-time protection by automatically exchanging security intelligence between Mimecast’s email and collaboration security and Zscaler Zero Trust Exchange™ platform.

    Although email remains the number one attack vector, the rise of collaboration tools has increased the attack surface for cybercriminals. According to Mimecast’s 2025 State of Human Risk Report, 61% of organizations say it’s inevitable or likely that their organization will suffer a negative business impact from an attack linked to a collaboration tool in 2025. Mimecast processes seven billion signals across the collaborative landscape each day. In order to fully protect employees, however they work, these signals are shared with technology partners, like Zscaler, to reduce risk, reduce operational complexity, and improve organizational control.

    When the Mimecast platform identifies a threat, a signal will be automatically sent to Zscaler Zero Trust Exchange™ platform to prevent the threat succeeding through another attack vector. For example, if Mimecast blocks a credential harvesting URL, the domain will be shared with Zscaler, so when the threat actor pivots to another vector, such as Teams, Slack or a personal email account, Zscaler will block access based on the signal from Mimecast.

    “Single-point attacks are a thing of the past in cybersecurity. Organizations now face sophisticated and targeted threats that leverage multiple entry points to cast a wider net,” said Mimecast’s Chief Product & Technology Officer Ranjan Singh. “By integrating with Zscaler, joint customers gain essential threat sharing capabilities that will ensure their employees can work confidently regardless of which tool they’re using.”

    In addition to threat mitigation, this technology integration also helps organizations address data loss prevention (DLP) across email and collaboration tools. Layering atop Mimecast’s strong outbound email protections, Zscaler’s DLP provides a view into the content of data in both email text and attachments, scanning them as they leave the customer’s environment. If sensitive content is found, Zscaler provides Mimecast with intelligence and enforces protection based on a wide spectrum of potential orchestrated policy actions.

    The Mimecast – Zscaler technology integration is built to provide joint customers with:

    • Defense in Depth – Best-in-class threat intelligence, based on Mimecast’s processing of 1.8 billion emails per day and 4.6 billion inbound malicious email blocked every month, is shared with Zscaler, providing essential visibility and helping prevent future threats.
    • Operational Efficiency – Security teams benefit from automated protection and control, eliminating the need for multiple policies and manual correlation between platforms, allowing employees to focus on mission-critical tasks.
    • Consistent Data Protection – Organizations can implement consistent data protection policies across and between email, sensitive data, cloud applications and web services. Threat data will be shared between Mimecast and Zscaler aligned with organizational policies to protect employees.

    “Safeguarding data from ongoing threats in a modern, distributed enterprise requires a comprehensive data protection program and threat management as part of the zero-trust architecture,” said Venkat Krishnamoorthi, Vice President, Product Management, Zscaler. “Through the Zscaler and Mimecast partnership, customers can leverage Zscaler’s industry-leading data protection and security platform to inspect specific email traffic, ensuring it is thoroughly reviewed for sensitive content.”

    Mimecast is a gold sponsor at Zenith Live ‘25 from June 2 – 5, 2025 in Las Vegas. Join the company at booth G3 to see the integration in action and to learn more about securing human risk. Mimecast’s VP, Technology Alliances & API Joe Tibbetts will be presenting a session on ‘Integrated Security for Cloud-First Organizations’ on June 3rd at 1:30 p.m. PT.

    About Mimecast 

    Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast is either registered trademarks or trademarks of Mimecast Services Limited in the United States and/or other countries. All other third-party trademarks and logos contained in this press release are the property of their respective owners. The use of the word ‘partner’ does not imply a partnership relationship between Mimecast and any other company.

    Press Contacts

    Tim Hamilton
    Principal, Global Corporate Communications Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Triller Group Completes Strategic Review and Enters Into an Accelerated Development Phase Focusing on Social Media, Fintech, and Combat Sports

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, June 02, 2025 (GLOBE NEWSWIRE) — The Board of Triller Group Inc (Nasdaq: ILLR) (“Triller Group”, “the Group” or “the Company”) is pleased to announce the completion of its strategic review, resulting in the reorganization of the Group into three interconnected core business units: 

    • Social Media (Triller App)
    • Fintech/Financial Service (AGBA Group)
    • Combat Sports (BKFC)

    The Board of the Company extends its gratitude to Mr. Bobby Sarnevesht for his contributions since the acquisition of the predecessor of the Company, or Triller Inc., from its founders in 2019 and wishes him success in his future endeavors.

    As the Company enters into an exciting new phase of growth, it is implementing an accelerated 6-month timeline for development, financing, and rapid scaling of the Group’s three core units.

    Social Media (Triller App)

    Under the leadership of Mr. Sean Kim since December 2024, the Triller app has undergone a significant and rapid transformation. The Triller app now offers one of the best product experience ever compared to its peers. The app is redefining content creation, distribution, and monetization, positioning itself as the premier and distinctive challenger in the U.S.-based social media market. Notably, Triller’s commitment and policy to user data ownership firmly distinguished itself from platforms like TikTok, Instagram, and YouTube. Mr. Kim and his team are preparing for a comprehensive marketing campaign, building on the success of the January 2025 SaveMySocials.com initiative.

    Fintech/Financial Services

    Triller Group’s seasoned management team brings decades of expertise in integrating cutting edge financial technologies into traditional financial services businesses. The team is in advanced stages to leverage the success of the Triller app and is in the process of developing and launching a cryptocurrency for the Triller community with an industry-leading partner.

    Combat Sports

    BKFC is experiencing another banner year and is rapidly expanding its passionate global audience, spurred on by its visionary leader David Feldman. BKFC has significant synergies with Triller Group’s two other core businesses, and the Company is working to support and explore additional revenue streams for BKFC. The Company believes 2025 will be another breakthrough year for BKFC, and it is not exploring any scenarios that would affect its majority control over BKFC. 

    For the remainder of 2025, the Triller Group management team will focus on (a) delivering marketing-led growth of Triller’s premier suite of product and services, (b) pursuing strategic acquisitions and partnerships to amplify the Group’s core offerings, (c) fostering synergies among the Group’s core business units, (d) strengthening the Group’s financial position and capital efficiency, and (e) minimizing and eliminating any legacy liabilities.

    “Our new strategic roadmap centers on three key objectives: growth, product expansion and financial strength.” stated Wing-Fai Ng, CEO of Triller Group.  “Sean and his team are at the forefront of making our Triller app the most compelling alternative to TikTok. Integrating cryptocurrency into our Triller community will be one of our top priorities in 2025, creating revenue streams for creators and strengthening user engagement. We are also actively pursuing multiple acquisitions and partnerships to accelerate our technological and market leadership, while Sean and I are actively recruiting top talent and reevaluating all aspects of our brand”.

    The Board is currently working with leading executive search professionals to identify and appoint additional Board members, who align with the Company’s vision and add significant value to the business.

    While current and future shareholders should anticipate a period of unprecedented rapid development, the Company’s exciting strategic blueprint marks not the beginning, but an acceleration of the vision outlined since the merger in October 2024.

    Triller Group is committed to its core principles of collaboration, innovation, and transparency, with further updates to be shared in the coming months.

    For additional information, please visit the Investor Relations website at https://trillercorp.com/ir/.

    # # #

    About Triller Group Inc.        

    Nasdaq: ILLR. Triller Group is a U.S.-based company that operates three main businesses: the U.S.-based Triller social media app (“Triller App”), fintech and financial services under the AGBA brand in Hong Kong (“AGBA”), and Bare Knuckle Fighting Championship (“BKFC”), one of the fastest growing combat sports franchises in the world.

    Triller App is a next-generation, AI-powered, social media and live-streaming event platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller App uses proprietary AI technology to push and track content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. For more information, please visit www.trillercorp.com

    Established in 1993, AGBA is a leading, multi-channel business platform in Hong Kong that incorporates cutting edge machine-learning and offers a broad set of financial services and healthcare products to consumers through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business. For more information, please visit www.agba.com.

    Bare-Knuckle Fighting Championship (BKFC) is a Philadelphia-based combat sports franchise dedicated to preserving the historical legacy of bare-knuckle fighting, while utilizing a specifically created rule set that emphasizes fighter safety. BKFC has held over 100 events across the world with record-breaking attendance. For more information, please visit www.bkfc.com.

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development, including the development and launch of our cryptocurrency; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in the U.S., Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    Investor & Media Relations:

    Bethany Lai
    ir@triller.co
    investorrelations@triller.co

    # # #

    The MIL Network –

    June 3, 2025
  • MIL-OSI: Oxylabs Unveils First-of-its-kind YouTube Datasets to Power Responsible AI

    Source: GlobeNewswire (MIL-OSI)

    The datasets fast-track video data from creator consent to AI-readiness

    VILNIUS, Lithuania, June 2, 2025 – Oxylabs, a leading web intelligence platform and proxy provider, introduces industry-first YouTube datasets composed entirely of consent-based data. All of the millions of original videos in the datasets have the explicit consent of the creators to be used for AI training, allowing to bridge the gap between creators and innovators.

    “In the ecosystem aiming to find a fair balance between respecting copyright and facilitating innovation, YouTube streamlining consent giving for AI training and providing creators with flexibility is an important step forward. Many channel owners have already opted in for their videos to be used in developing the next generation of AI tools. This enables us to create and provide high-quality, structured video datasets. Meanwhile, AI developers have no trouble verifying the data’s legitimate origin,” said Julius Černiauskas, CEO at Oxylabs.

    All datasets offered by Oxylabs include videos, transcripts, and rich metadata. While such data has many potential use cases, Oxylabs refined and prepared it specifically for AI training, which is the use that the content creators have knowingly agreed to.

    Large volumes of high-quality video data are fundamental for developing multimodal AI, capable of seamlessly handling text, audio, and visual data when performing tasks or generating different types of content. Acquiring such data in a convenient way that establishes a transparent link between creators and AI companies is a challenge the industry is still trying to solve. Structured, AI-ready datasets from YouTube are now a part of this developing improved model for training AI on public data.

    Importantly, consent-based datasets also allow AI companies and creators to be on the same page regarding fair AI development. This development has been riddled with still unanswered questions about making copyrighted material fuel rather than stall innovation.

    “These datasets offer a breath of fresh air to a tense ecosystem in dire need of facilitating systematic cooperation between creators and AI companies based on mutual agreement. The next wave of tools that will shake the market can now be built on data that all can agree is right for AI training. Hopefully, this also marks a better, more sustainable way forward,” concluded Černiauskas.

    The release of ethically sourced YouTube datasets continues Oxylabs’ longtime mission to establish and promote ethical industry practices, previously marked by co-founding the Ethical Web Data Collection Initiative (EWDCI) and introducing an industry-first transparent tier framework for proxy sourcing.

    To learn more about creator-consent-based YouTube video datasets for AI training, visit the official website now.

    About Oxylabs

    Established in 2015, Oxylabs is a web intelligence platform and premium proxy provider, enabling companies of all sizes to utilise the power of big data. Constant innovation, an extensive patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the web intelligence collection industry and forge close ties with dozens of Fortune Global 500 companies. Oxylabs was named Europe’s fastest-growing web intelligence acquisition company in the Financial Times FT 1000 list for several consecutive years. For more information, please visit: https://oxylabs.io/

    Media Contacts

    Vytautas Kirjazovas
    Oxylabs.io
    Tel: +370 655 34419
    Email: press@oxylabs.io

    The MIL Network –

    June 3, 2025
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