Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.
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Highlights:
Secretary-General / Financing for Development
Deputy Secretary-General
Occupied Palestinian Territory
Syria
Humanitarian Syria
Sudan
Sudan Humanitarian
Democratic Republic of the Congo
Haiti
Briefing
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SECRETARY-GENERAL/ FINANCING FOR DEVELOPMENT
This morning, in Sevilla, Spain, the Secretary-General had a closed meeting with the Heads of the Multilateral Development Banks (MDBs). He then had a bilateral meeting with Juan Manuel Moreno Bonilla, President of the regional government of Andalusia and the First Vice-President of the European Committee of the Regions.
The Secretary-General left Sevilla in the afternoon. We expect to announce his next travel in the coming days.
DEPUTY SECRETARY-GENERAL
The Deputy Secretary-General, Amina Mohammed, was also present at the Fourth International Conference on Financing for Development (FFD4) in Sevilla, where she delivered remarks at the High-Level session of the International Business Forum. She called for a shift from international assistance to investments in sustainable development and underscored the private sector’s role in delivering impact at scale.
She also participated in a G20-Spain high-level special event on debt sustainability in developing countries alongside Prime Minister Pedro Sanchez, and she highlighted the need to break the cycle of debt and welcomed the growing attention from policymakers.
This evening, she will travel to Vienna to address the 68th session of the Committee on the Peaceful Uses of Outer Space, organized by the United Nations Office for Outer Space Affairs (UNOOSA).
During her time, there she will meet with Member States, senior government officials and the UN system. She will then return to Seville on Thursday for the closing of FFD4.
OCCUPIED PALESTINIAN TERRITORY
Turning to the situation in the Gaza Strip, the Israeli military operations have further intensified in northern Gaza since the issuance of the displacement order on Sunday by the Israeli authorities. In the time since that directive was announced, our partners on the ground say that at least 1,500 families have been displaced from North Gaza, as well as eastern parts of Gaza governorate, towards the central and western parts of Gaza governorate.
Over the past 48 hours, five school buildings sheltering displaced families in North Gaza were reportedly hit, with deaths and injuries reported. Initial assessments by partners indicate that many families who fled from the schools that were hit have returned to North Gaza, largely due to the lack of alternatives and limited shelter space elsewhere.
Healthcare also continues to come under attack. The World Health Organization says that in central Gaza yesterday, a tent sheltering displaced people in the courtyard of Al-Aqsa Hospital in Deir al Balah was reportedly hit, injuring five people. The agency added that the hospital’s internal medicine department also sustained some damage, and its oxygen supply line was affected.
Since October 2023, WHO has documented 734 attacks on healthcare in Gaza. WHO reiterated its call for the protection of civilians and healthcare facilities. OCHA reiterates that under international humanitarian law, civilians and civilian infrastructure must be protected, not targeted.
Regarding aid operations on the ground, OCHA tells us that movement restrictions remain a major challenge, preventing partners from predictably and sustainably providing critical services and assistance.
Full Highlights:
https://www.un.org/sg/en/content/ossg/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=01+July+2025
WASHINGTON – Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following passage of the budget reconciliation bill in the U.S. Senate:
“President Trump’s ‘One Big, Beautiful Bill’ remains a win for American energy. The bill passed today improves the ability of independent oil and natural gas producers to supply reliable, affordable energy to the American people.
“IPAA is pleased that the legislation reinstates oil and natural gas lease sales for onshore and offshore federal lands and makes common sense reforms to the permitting and leasing process on federal lands. IPAA members, the small businesses of the oil patch, are grateful that industry tax treatments including intangible drilling costs and percentage depletion were protected, along with carried interest deductions being preserved.
“While we are disappointed that the legislation does not include a full repeal of the Methane Emissions Reduction Program (MERP) including the methane tax, as we have consistently argued for and will continue to, the 10-year delay of the MERP provides time to for legislators to work with regulators and industry to craft an alternate solution that makes sense for smaller producers.
“Independent producers congratulate Majority Leader Thune and Senate leadership for uniting their members on the legislation. IPAA urges quick, unified action to send the OBBB to President Trump for his signature as soon as possible.”
IPAA worked closely with national groups including the U.S. Chamber of Commerce and National Association of Manufacturers to advocate in support of the One Big Beautiful Bill Act, including for the permanent extension of tax reforms in the 2017 Tax Cuts and Jobs Act (TCJA). IPAA CEO Eshelman is a member of the US Chamber of Commerce’s “Committee of 100” and the National Association of Manufacturers’ “Council of Manufacturing Associations.”
MINNEAPOLIS and ST. PAUL, Minn., July 01, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB)– Old National Bancorp (“Old National”) has appointed Matt Keen as Chief Information Officer (CIO). In this role, Keen will join Old National’s Executive Leadership Team – the company’s senior-most group of C-suite executives.
Keen brings more than three decades of experience in significant technology leadership roles at national companies, including leading architecture development, as well as experience with brokerage and banking services, cloud service optimization, and platform modernization.
“As Old National continues our Midwest and Southeast expansion, our technology strategy and capabilities are also evolving to continue meeting our ever-growing clients’ needs and expectations,” said Old National Chairman & CEO Jim Ryan. “Matt’s wide-ranging technology expertise will be essential for helping us innovate and deliver client-focused solutions, while also supporting the personal relationships that have always been the heart of our success.”
Keen’s previous technology leadership experience included consulting with American Express as part of his tenure at PriceWaterhouseCoopers, almost 15 years at Ameriprise Financial (formerly a division of American Express), and six years at Two Harbors Investments. Most recently, he served as CIO for Bremer Bank, which became a division of Old National Bank on May 1, 2025.
As Old National’s CIO, Keen will lead a forward-thinking approach to leveraging technology as an enabler for business success. He will shape and execute the company’s technology strategy, working closely and collaboratively with all aspects of the business to identify ways to increase efficiencies and drive growth. With a particular emphasis on innovation, Keen and his team will use technology, as well as data and analytics, to effectively support and enhance the client and team member experience, to meet their ever-evolving expectations.
“I’m looking forward to continuing to advance the strong technology foundation that has enabled Old National to achieve its growth goals,” Keen said. “Through a collaborative approach and intense focus on our clients, we’ll bring forward the best technology capabilities to serve the business and support the culture that our team members, clients, and communities expect and appreciate.”
A resident of Chanhassen, Minn., Keen holds a degree in quantitative methods and computer science from the University of St. Thomas.
Keen succeeds retiring Chief Information Officer Paul S. Kilroy, who joined Old National in 2020. During his tenure, Kilroy spearheaded a groundbreaking partnership with Infosys that vastly improved contact center quality and stabilized information quality metrics across the organization, leading to a 2024 “Tech Exec of the Year” honor from the Indianapolis Business Journal.
ABOUT OLD NATIONAL Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.
Source: United States Senator Joni Ernst (R-IA)
WASHINGTON – U.S. Senator Joni Ernst (R-Iowa) released the following statement celebrating the passage of the One Big Beautiful Bill Act:
“President Trump’s One Big Beautiful Bill delivers on what Iowans voted for in November, keeping more money in hardworking folks’ pockets, real border security, and a safer America,” said Ernst. “In addition to the largest tax cut in history for our families, farmers, and small businesses, the bill strengthens the integrity of Medicaid and prioritizes those who truly need help by eliminating waste, fraud, and abuse. I am proud to have fought to save $100 million for taxpayers over the next decade and eliminated unfair practices in the FAFSA process that held back farm families from investing in their child’s education. I will always fight to improve Iowans’ lives and continue to lead the charge in Washington to reduce reckless spending and put taxpayers first.”
The Senate unanimously approved Ernst’s Ending Unemployment Payments to Jobless Millionaires Act that will disqualify anyone making a million dollars or more from being eligible for unemployment income support. It is estimated to save taxpayers up to $100 million over the next decade.
Ernst’s Family Farm and Small Business Exemption Act was also included. It will ensure that Iowans will not have to sell off the farm, or their small business, to afford college by restoring the original exemption of all farmland, machinery, and other operational materials from being declared on the Free Application for Federal Student Aid (FAFSA) form.
Ernst also provided certainty for Iowa farmers by raising reference prices to strengthen the farm safety net, improving foreign animal disease prevention, protecting access to affordable crop insurance, prioritizing domestic feedstocks to support biofuel producers, expanding trade opportunities, and permanently extending the death tax exemption to ensure family farms and small businesses can be passed down to the next generation.
Ernst was a leading voice in the fight to make the Trump tax cuts permanent to avoid a $4 trillion tax increase and empower small business owners and farmers to invest in themselves through provisions like bonus depreciation, 199-A, and the research and development deduction.
After the Trump administration busted more than 300 criminals accused of $14.6 billion in health care fraud, Ernst emphasized how the One Big Beautiful Bill Act strengthens and preserves Medicaid for our most vulnerable Americans who need it by targeting waste, fraud, and abuse.
Source: United States Senator for Massachusetts Ed Markey
Washington (July 1, 2025) – Overnight, the U.S. Senate voted 99-1 in favor of an amendment co-sponsored by Senator Edward J. Markey (D-Mass.), member of the Commerce, Science, and Transportation Committee, Senator Maria Cantwell (D-Wash.), Ranking Member of the Senate Committee on Commerce, Science and Transportation, and Senator Marsha Blackburn (R–Tenn.) to strip a ten-year moratorium on state AI regulations from the Republican budget reconciliation bill.
“Early this morning, the Senate overwhelmingly voted to reject a dangerous provision to block states from regulating artificial intelligence, including protecting kids online. This 99-1 vote sent a clear message that Congress will not sell out our kids and local communities in order to pad the pockets of Big Tech billionaires. I am proud to have partnered with Ranking Member Cantwell and Senator Blackburn on an amendment to strip this dangerous language, and I look forward to working with my colleagues to develop responsible guardrails for AI,” said Senator Markey.
For weeks, Senator Markey raised alarms over the provision which would have forced states to make an impossible choice between enforcing AI consumer protections or accepting federal BEAD funding to expand broadband access. Despite several revisions by its author and misleading assurances about its true impact, state officials from across the country, including 17 Republican Governors and 40 state Attorneys General, as well conservative and liberal organizations – from the Heritage Foundation to the Center for American Progress – rallied against the harmful proposal.
On June 30, Senator Markey introduced an amendment with Senator Cantwell to strip the entire provision prior to introducing the same amendment with Senator Cantwell and Senator Blackburn on July 1. On June 10, Senator Markey announced his plans to file an amendment to the Senate reconciliation bill to block Republicans’ attempt to prevent states from regulating artificial intelligence (AI) for the next 10 years. On June 4, Senator Markey convened a virtual roundtable with advocates to discuss the impacts this ban would have on communities across the country. On June 3, Senator Markey delivered remarks on the Senate floor opposing the provision in the House-passed reconciliation bill that would prevent states from regulating AI for the next ten years.
Senator Markey is the author of the Artificial Intelligence (AI) Civil Rights Act, the most comprehensive AI civil rights legislation introduced in Congress. The legislation would put strict guardrails on companies’ use of algorithms for consequential decisions, ensure algorithms are tested before and after deployment, help eliminate and prevent bias, and renew Americans’ faith in the accuracy and fairness of complex algorithms.
Source: United States Senator Ben Ray Luján (D-New Mexico)
WATCH: Luján Holds Senate Floor During Midnight Session
WATCH: Luján Introduces Amendment to Save SNAP
Washington, D.C. – U.S. Senator Ben Ray Luján (D-N.M.) issued the following statement after Senate Republicans voted to pass their partisan budget reconciliation bill:
“Senate Republicans just pushed through a budget bill that hurts New Mexican families. In their rush to meet President Trump’s demands, they voted blindly, with no regard for the harm this bill will inflict on all of our constituents.
“This Republican bill guts health care for children and families, strips food assistance from our neighbors, and puts rural hospitals and grocery stores on the brink of closure – all to hand out massive tax cuts to the ultra-wealthy and big corporations. It also adds more than $3 trillion to the national debt – driving up interest rates across the board, making car loans and mortgages more expensive for families, and raising borrowing costs for small businesses and farmers.
“This bill is not just bad policy – it’s a failure of leadership and a betrayal of New Mexico families, rural communities, and American values.”
Senator Luján backed a series of amendments and motions to the Republican reconciliation bill aimed at protecting access to health care and nutrition programs and lowering costs for New Mexicans. Senate Republicans blocked these common-sense proposals from Senator Luján and Senate Democrats.Among those measures:
Keeping Food on the Table for New Mexicans:
Millions of families rely on nutrition assistance programs. Senator Luján led a motion to protect funding for SNAP that ensures New Mexico families and children have access to nutritious food. These programs also support New Mexico’s farmers, ranchers, and local communities that rely on these dollars to keep food on shelves and economies strong.
Defending Medicaid and the Affordable Care Act:
Republicans are trying to pay for tax breaks for the wealthy and big corporations by ripping away Medicaid coverage from millions of Americans. New Mexico has the highest per-capita Medicaid enrollment in the country, and children, pregnant women, and working families depend on it. Senator Luján supported a motion to strengthen Medicaid and protect health care for New Mexicans.
Keeping New Mexico Communities Safe:
Amid a nationwide shortage of police officers, Senator Luján proposed a motion to provide increased resources for local law enforcement by funding the COPS Hiring Program. Senator Luján previously led dozens of his colleagues in calling for additional funding for public safety.
Protecting New Mexicans from Wildfires:
As wildfires continue to devastate New Mexico and the West, Senator Luján supported a motion to invest in wildfire prevention and protect our communities from future disasters.
Protecting Clean Energy Investments:
As the climate crisis grows more urgent – and Republicans push to gut clean energy programs – Senator Luján supported amendments to safeguard investments in our energy future and reduce costs.
Lowering Taxes for Small Businesses and the Middle Class:
To bring down costs for New Mexico families and small businesses, Senator Luján supported amendments that would provide tax relief to the middle class and small businesses.
Headline: Jasper Sleet: North Korean remote IT workers’ evolving tactics to infiltrate organizations
Since 2024, Microsoft Threat Intelligence has observed remote information technology (IT) workers deployed by North Korea leveraging AI to improve the scale and sophistication of their operations, steal data, and generate revenue for the Democratic People’s Republic of Korea (DPRK). Among the changes noted in the North Korean remote IT worker tactics, techniques, and procedures (TTPs) include the use of AI tools to replace images in stolen employment and identity documents and enhance North Korean IT worker photos to make them appear more professional. We’ve also observed that they’ve been utilizing voice-changing software.
North Korea has deployed thousands of remote IT workers to assume jobs in software and web development as part of a revenue generation scheme for the North Korean government. These highly skilled workers are most often located in North Korea, China, and Russia, and use tools such as virtual private networks (VPNs) and remote monitoring and management (RMM) tools together with witting accomplices to conceal their locations and identities.
Historically, North Korea’s fraudulent remote worker scheme has focused on targeting United States (US) companies in the technology, critical manufacturing, and transportation sectors. However, we’ve observed North Korean remote workers evolving to broaden their scope to target various industries globally that offer technology-related roles. Since 2020, the US government and cybersecurity community have identified thousands of North Korean workers infiltrating companies across various industries.
Organizations can protect themselves from this threat by implementing stricter pre-employment vetting measures and creating policies to block unapproved IT management tools. For example, when evaluating potential employees, employers and recruiters should ensure that the candidates’ social media and professional accounts are unique and verify their contact information and digital footprint. Organizations should also be particularly cautious with staffing company employees, check for consistency in resumes, and use video calls to confirm a worker’s identity.
Microsoft Threat Intelligence tracks North Korean IT remote worker activity as Jasper Sleet (formerly known as Storm-0287). We also track several other North Korean activity clusters that pursue fraudulent employment using similar techniques and tools, including Storm-1877 and Moonstone Sleet. To disrupt this activity and protect our customers, we’ve suspended 3,000 known Microsoft consumer accounts (Outlook/Hotmail) created by North Korean IT workers. We have also implemented several detections to alert our customers of this activity through Microsoft Entra ID Protection and Microsoft Defender XDR as noted at the end of this blog. As with any observed nation-state threat actor activity, Microsoft has directly notified targeted or compromised customers, providing them with important information needed to secure their environments. As we continue to observe more attempts by threat actors to leverage AI, not only do we report on them, but we also have principles in place to take action against them.
This blog provides additional information on the North Korean remote IT worker operations we published previously, including Jasper Sleet’s usual TTPs to secure employment, such as using fraudulent identities and facilitators. We also provide recent observations regarding their use of AI tools. Finally, we share detailed guidance on how to investigate, monitor, and remediate possible North Korean remote IT worker activity, as well as detections and hunting capabilities to surface this threat.
From North Korea to the world: The remote IT workforce
Since at least early 2020, Microsoft has tracked a global operation conducted by North Korea in which skilled IT workers apply for remote job opportunities to generate revenue and support state interests. These workers present themselves as foreign (non-North Korean) or domestic-based teleworkers and use a variety of fraudulent means to bypass employment verification controls.
North Korea’s fraudulent remote worker scheme has since evolved, establishing itself as a well-developed operation that has allowed North Korean remote workers to infiltrate technology-related roles across various industries. In some cases, victim organizations have even reported that remote IT workers were some of their most talented employees. Historically, this operation has focused on applying for IT, software development, and administrator positions in the technology sector. Such positions provide North Korean threat actors access to highly sensitive information to conduct information theft and extortion, among other operations.
North Korean IT workers are a multifaceted threat because not only do they generate revenue for the North Korean regime, which violates international sanctions, they also use their access to steal sensitive intellectual property, source code, or trade secrets. In some cases, these North Korean workers even extort their employer into paying them in exchange for not publicly disclosing the company’s data.
Between 2020 and 2022, the US government found that over 300 US companies in multiple industries, including several Fortune 500 companies, had unknowingly employed these workers, indicating the magnitude of this threat. The workers also attempted to gain access to information at two government agencies. Since then, the cybersecurity community has continued to detect thousands of North Korean workers. On January 3, 2025, the Justice Department released an indictment identifying two North Korean nationals and three facilitators responsible for conducting fraudulent work between 2018 and 2024. The indicted individuals generated a revenue of at least US$866,255 from only ten of the at least 64 infiltrated US companies.
North Korean threat actors are evolving across the threat landscape to incorporate more sophisticated tactics and tools to conduct malicious employment-related activity, including the use of custom and AI-enabled software.
Tactics and techniques
The tactics and techniques employed by North Korean remote IT workers involve a sophisticated ecosystem of crafting fake personas, performing remote work, and securing payments. North Korean IT workers apply for remote roles, in various sectors, at organizations across the globe.
They create, rent, or procure stolen identities that match the geo-location of their target organizations (for example, they would establish a US-based identity to apply for roles at US-based companies), create email accounts and social media profiles, and establish legitimacy through fake portfolios and profiles on developer platforms like GitHub and LinkedIn. Additionally, they leverage AI tools to enhance their operations, including image creation and voice-changing software. Facilitators play a crucial role in validating fraudulent identities and managing logistics, such as forwarding company hardware and creating accounts on freelance job websites. To evade detection, these workers use VPNs, virtual private servers (VPSs), and proxy services as well as RMM tools to connect to a device housed at a facilitator’s laptop farm located in the country of the job.
Figure 1. The North Korean IT worker ecosystem
Crafting fake personas and profiles
The North Korean remote IT worker fraud scheme begins with the procurement of identities for the workers. These identities, which can be stolen or “rented” from witting individuals, include names, national identification numbers, and dates of birth. The workers might also leverage services that generate fraudulent identities, complete with seemingly legitimate documentation, to fabricate their personas. They then create email accounts and social media pages they use to apply for jobs, often indirectly through staffing or contracting companies. They also apply for freelance opportunities through freelancer sites as an additional avenue for revenue generation. Notably, they often use the same names/profiles repeatedly rather than creating unique personas for each successful infiltration.
Additionally, the North Korean IT workers have used fake profiles on LinkedIn to communicate with recruiters and apply for jobs.
Figure 2. An example of a North Korean IT worker LinkedIn profile that has since been taken down.
The workers tailor their fake resumes and profiles to match the requirements for specific remote IT positions, thus increasing their chances of getting selected. Over time, we’ve observed these fake resumes and employee documents noticeably improving in quality, now appearing more polished and lacking grammatical errors facilitated by AI.
After creating their fake personas, the North Korean IT workers then attempt to establish legitimacy by creating digital footprints for these fake personas. They typically leverage communication, networking, and developer platforms, (for example, GitHub) to showcase their supposed portfolio of previous work samples:
Figure 3. Example profile used by a North Korean IT worker that has since been taken down.
Using AI to improve operations
Microsoft Threat intelligence has observed North Korean remote IT workers leveraging AI to improve the quantity and quality of their operations. For example, in October 2024, we found a public repository containing actual and AI-enhanced images of suspected North Korean IT workers:
Figure 4. Photos of potential North Korean IT workers
The repository also contained the resumes and email accounts used by the said workers, along with the following tools and resources they can use to secure employment and to do their work:
VPS and VPN accounts, along with specific VPS IP addresses
Playbooks on conducting identity theft and creating and bidding jobs on freelancer websites
Wallet information and suspected payments made to facilitators
LinkedIn, GitHub, Upwork, TeamViewer, Telegram, and Skype accounts
Tracking sheet of work performed, and payments received by the IT workers
Image creation
Based on our review of the repository mentioned previously, North Korean IT workers appear to conduct identity theft and then use AI tools like Faceswap to move their pictures over to the stolen employment and identity documents. The attackers also use these AI tools to take pictures of the workers and move them to more professional looking settings. The workers then use these AI-generated pictures on one or more resumes or profiles when applying for jobs.
Figure 5. Use of AI apps to modify photos used for North Korean IT workers’ resumes and profilesFigure 6. Examples of resumes for North Korean IT workers. These two resumes use different versions of the same photo.
Communications
Microsoft Threat Intelligence has observed that North Korean IT workers are also experimenting with other AI technologies such as voice-changing software. While we haven’t observed threat actors using combined AI voice and video products as a tactic first hand, we do recognize that combining these technologies could allow future threat actor campaigns to trick interviewers into thinking they aren’t communicating with a North Korean IT worker. If successful, this tactic could allow the North Korean IT workers to do interviews directly and no longer rely on facilitators standing in for them on interviews or selling them account access.
Facilitators for initial access
North Korean Remote IT workers require assistance from a witting facilitator to help find jobs, pass the employment verification process, and once hired, successfully work remotely. We’ve observed Jasper Sleet advertising job opportunities for facilitator roles under the guise of partnering with a remote job candidate to help secure an IT role in a competitive market:
Figure 7. Example of a job opportunity for a facilitator role
The IT workers may have the facilitators assist in creating accounts on remote and freelance job websites. They might also ask the facilitator to perform the following tasks as their relationship builds:
Create a bank account for the North Korean IT worker, or lend their (the facilitator’s) own account to the worker
Purchase mobile phone numbers or SIM cards
During the employment verification process, the witting accomplice helps the North Korean IT workers validate the latter’s fraudulent identities using online background check service providers. The documents submitted by the workers include fake or stolen drivers’ licenses, social security cards, passports, and permanent resident identification cards. Workers train using interview scripts, which include a justification for why the employee must work remotely.
Once hired, the remote workers direct company laptops and hardware to be sent to the address of the accomplice. The accomplice then either runs a laptop farm that provides the laptops with an internet connection at the geo-location of the role or forwards the items internationally. For hardware that remain in the country of the role, the accomplice signs into the computers and installs software that enables the workers to connect remotely. Remote IT workers might also access devices remotely using IP-based KVM devices, like PiKVM or TinyPilot.
Defense evasion and persistence
To conceal their physical location as well as maintain persistence and blend into the target organization’s environment, the workers typically use VPNs (particularly Astrill VPN), VPSs, proxy services, and RMM tools. Microsoft Threat Intelligence has observed the persistent use of JumpConnect, TinyPilot, Rust Desk, TeamViewer, AnyViewer, and Anydesk. When an in-person presence or face-to-face meeting is required, for example to confirm banking information or attend a meeting, the workers have been known to pay accomplices to stand in for them. When possible, however, the workers eliminate all face-to-face contact, offering fraudulent excuses for why they are not on camera during video teleconferencing calls or speaking.
Attribution
Microsoft Threat Intelligence uses the name Jasper Sleet (formerly known as Storm-0287) to represent activity associated with North Korean’s remote IT worker program. These workers are primarily focused on revenue generation, use remote access tools, and likely fall under a particular leadership structure in North Korea. We also track several other North Korean activity clusters that pursue fraudulent employment using similar techniques and tools, including Storm-1877 and Moonstone Sleet.
How Microsoft disrupts North Korean remote IT worker operations with machine learning
Microsoft has successfully scaled analyst tradecraft to accelerate the identification and disruption of North Korean IT workers in customer environments by developing a custom machine learning solution. This has been achieved by leveraging Microsoft’s existing threat intelligence and weak signals generated by monitoring for many of the red flags listed in this blog, among others. For example, this solution uses impossible time travel risk detections, most commonly between a Western nation and China or Russia. The machine learning workflow uses these features to surface suspect accounts most likely to be North Korean IT workers for assessment by Microsoft Threat Intelligence analysts.
Once Microsoft Threat Intelligence reviews and confirms that an account is indeed associated with a North Korean IT worker, customers are then notified with a Microsoft Entra ID Protection risk detection warning of a risky sign-in based on Microsoft’s threat intelligence. Microsoft Defender XDR customers also receive the alert Sign-in activity by a suspected North Korean entity in the Microsoft Defender portal.
Defending against North Korean remote IT worker infiltration
Defending against the threats from North Korean remote IT workers involves a threefold strategy:
Ensuring a proper vetting approach is in place for freelance workers and vendors
Monitoring for anomalous user activity
Responding to suspected Jasper Sleet signals in close coordination with your insider risk team
Investigate
How can you identify a North Korean remote IT worker in the hiring process?
To protect your organization against a potential North Korean insider threat, it is important for your organization to prioritize a process for verifying employees to identify potential risks. The following can be used to assess potential employees:
Confirm the potential employee has a digital footprint and look for signs of authenticity. This includes a real phone number (not VoIP), a residential address, and social media accounts. Ensure the potential employee’s social media/professional accounts are not highly similar to the accounts of other individuals. In addition, check that the contact phone number listed on the potential employee’s account is unique and not also used by other accounts.
Scrutinize resumes and background checks for consistency of names, addresses, and dates. Consider contacting references by phone or video-teleconference rather than email only.
Exercise greater scrutiny for employees of staffing companies, since this is the easiest avenue for North Korean workers to infiltrate target companies.
Search whether a potential employee is employed at multiple companies using the same persona.
Ensure the potential employee is seen on camera during multiple video telecommunication sessions. If the potential employee reports video and/or microphone issues that prohibit participation, this should be considered a red flag.
During video verification, request individuals to physically hold driver’s licenses, passports, or identity documents up to camera.
Keep records, including recordings of video interviews, of all interactions with potential employees.
Require notarized proof of identity.
Monitor
How can your organization prevent falling victim to the North Korean remote IT worker technique?
To prevent the risks associated with North Korean insider threats, it’s vital to monitor for activity typically associated with this fraudulent scheme.
Monitor for identifiable characteristics of North Korean remote workers
Microsoft has identified the following characteristics of a North Korean remote worker. Note that not all the criteria are necessarily required, and further, a positive identification of a remote worker doesn’t guarantee that the worker is North Korean.
The employee lists a Chinese phone number on social media accounts that is used by other accounts.
The worker’s work-issued laptop authenticates from an IP address of a known North Korean IT worker laptop farm, or from foreign—most commonly Chinese or Russian—IP addresses even though the worker is supposed to have a different work location.
The worker is employed at multiple companies using the same persona. Employees of staffing companies require heightened scrutiny, given this is the easiest way for North Korean workers to infiltrate target companies.
Once a laptop is issued to the worker, RMM software is immediately downloaded onto it and used in combination with a VPN.
The worker has never been seen on camera during a video telecommunication session or is only seen a few times. The worker may also report video and/or microphone issues that prohibit participation from the start.
The worker’s online activity doesn’t align with routine co-worker hours, with limited engagement across approved communication platforms.
Monitor for activity associated with Jasper Sleet access
If RMM tools are used in your environment, enforce security settings where possible, to implement MFA:
If an unapproved installation is discovered, reset passwords for accounts used to install the RMM services. If a system-level account was used to install the software, further investigation may be warranted.
Monitor for impossible travel—for example, a supposedly US-based employee signing in from China or Russia.
Monitor for use of public VPNs such as Astrill. For example, IP addresses associated with VPNs known to be used by Jasper Sleet can be added to Sentinel watchlists. Or, Microsoft Defender for Identity can integrate with your VPN solution to provide more information about user activity, such as extra detection for abnormal VPN connections.
Monitor for signals of insider threats in your environment. Microsoft Purview Insider Risk Management can help identify potentially malicious or inadvertent insider risks.
Monitor for consistent user activity outside of typical working hours.
Remediate
What are the next steps if you positively identify a North Korean remote IT worker employed at your company?
Because Jasper Sleet activity follows legitimate job offers and authorized access, Microsoft recommends approaching confirmed or suspected Jasper Sleet intrusions with an insider risk approach using your organization’s insider risk response plan or incident response provider like Microsoft Incident Response. Some steps might include:
Restrict response efforts to a small, trusted insider risk working group, trained in operational security (OPSEC) to avoid tipping off subjects and potential collaborators.
Rapidly evaluate the subject’s proximity to critical assets, such as:
Leadership or sensitive teams
Direct reports or vendor staff the subject has influence over
Suppliers or vendors
People/non-people accounts, production/pre-production environments, shared accounts, security groups, third-party accounts, security groups, distribution groups, data clusters, and more
Conduct preliminary link analysis to:
Detect relationships with potential collaborators, supporters, or other potential aliases operated by the same actor
Identify shared indicators (for example, shared IP addresses, behavioral overlap)
Avoid premature action that might alert other Jasper Sleet operators
Conduct a risk-based prioritization of efforts, informed by:
Placement and access to critical assets (not necessarily where you identified them)
Stakeholder insight from potentially impacted business units
Business impact considerations of containment (which might support additional collection/analysis) or mitigation (for example, eviction)
Conduct open-source intelligence (OSINT) collection and analysis to:
Determine if the identity associated with the threat actor is associated with a real person. For example, North Korean IT workers have leveraged stolen identities of real US persons to facilitate their fraud. Conduct OSINT on all available personally identifiable information (PII) provided by the actor (name, date of birth, SSN, home of record, phone number, emergency contact, and others) and determine if these items are linked to additional North Korean actors, and/or real persons’ identities.
Gather all known external accounts operated by the alias/persona (for example, LinkedIn, GitHub, freelance working sites, bug bounty programs).
Perform analysis on account images using open-source tools such as FaceForensics++ to determine prevalence of AI-generated content. Detection opportunities within video and imagery include:
Temporal consistency issues: Rapid movements cause noticeable artifacts in video deepfakes as the tracking system struggles to maintain accurate landmark positioning.
Occlusion handling: When objects pass over the AI-generated content such as the face, deepfake systems tend to fail at properly reconstructing the partially obscured face.
Lighting adaptation: Changes in lighting conditions might reveal inconsistencies in the rendering of the face
Audio-visual synchronization: Slight delays between lip movements and speech are detectable under careful observation
Exaggerated facial expressions.
Duplicative or improperly placed appendages.
Pixelation or tearing at edges of face, eyes, ears, and glasses.
Engage counterintelligence or insider risk/threat teams to:
Understand tradecraft and likely next steps
Gain national-level threat context, if applicable
Make incremental, risk-based investigative and response decisions with the support of your insider threat working group and your insider threat stakeholder group; one providing tactical feedback and the other providing risk tolerance feedback.
Preserve evidence and document findings.
Share lessons learned and increase awareness.
Educate employees on the risks associated with insider threats and provide regular security training for employees to recognize and respond to threats, including a section on the unique threat posed by North Korean IT workers.
After an insider risk response to Jasper Sleet, it might be necessary to also conduct a thorough forensic investigation of all systems that the employee had access to for indicators of persistence, such as RMM tools or system/resource modifications.
For additional resources, refer to CISA’s Insider Threat Mitigation Guide. If you suspect your organization is being targeted by nation-state cyber activity, report it to the appropriate national authority. For US-based organizations, the Federal Bureau of Investigation (FBI) recommends reporting North Korean remote IT worker activity to the Internet Crime Complaint Center (IC3).
Microsoft Defender XDR detections
Microsoft Defender XDR customers can refer to the list of applicable detections below. Microsoft Defender XDR coordinates detection, prevention, investigation, and response across endpoints, identities, email, apps to provide integrated protection against attacks like the threat discussed in this blog.
Customers with provisioned access can also use Microsoft Security Copilot in Microsoft Defender to investigate and respond to incidents, hunt for threats, and protect their organization with relevant threat intelligence.
Microsoft Defender XDR
Alerts with the following titles in the security center can indicate threat activity on your network:
Sign-in activity by a suspected North Korean entity
Microsoft Defender for Endpoint
Alerts with the following titles in the security center can indicate Jasper Sleet RMM activity on your network. These alerts, however, can be triggered by unrelated threat activity.
Suspicious usage of remote management software
Suspicious connection to remote access software
Microsoft Defender for Identity
Alerts with the following titles in the security center can indicate atypical identity access on your network. These alerts, however, can be triggered by unrelated threat activity.
Atypical travel
Suspicious behavior: Impossible travel activity
Microsoft EntraID Protection
Microsoft Entra ID Protection risk detections inform Entra ID user risk events and can indicate associated threat activity, including unusual user activity consistent with known patterns identified by Microsoft Threat Intelligence research. Note, however, that these alerts can be also triggered by unrelated threat activity.
Microsoft Entra threat intelligence (sign-in): (RiskEventType: investigationsThreatIntelligence)
Microsoft Defender for Cloud Apps
Alerts with the following titles in the security center can indicate atypical identity access on your network. These alerts, however, can be triggered by unrelated threat activity.
Impossible travel activity
Microsoft Security Copilot
Security Copilot customers can use the standalone experience to create their own prompts or run the following pre-built promptbooks to automate incident response or investigation tasks related to this threat:
Incident investigation
Microsoft User analysis
Threat actor profile
Note that some promptbooks require access to plugins for Microsoft products such as Microsoft Defender XDR or Microsoft Sentinel.
Hunting queries
Microsoft Defender XDR
Because organizations might have legitimate and frequent uses for RMM software, we recommend using the Microsoft Defender XDR advanced hunting queries available on GitHub to locate RMM software that hasn’t been endorsed by your organization for further investigation. In some cases, these results might include benign activity from legitimate users. Regardless of use case, all newly installed RMM instances should be scrutinized and investigated.
If any queries have high fidelity for discovering unsanctioned RMM instances in your environment, and don’t detect benign activity, you can create a custom detection rule from the advanced hunting query in the Microsoft Defender portal.
Microsoft Sentinel
The alert Insider Risk Sensitive Data Access Outside Organizational Geo-locationjoins Azure Information Protection logs (InformationProtectionLogs_CL) with Microsoft Entra ID sign-in logs (SigninLogs) to provide a correlation of sensitive data access by geo-location. Results include:
User principal name
Label name
Activity
City
State
Country/Region
Time generated
The recommended configuration is to include (or exclude) sign-in geo-locations (city, state, country and/or region) for trusted organizational locations. There is an option for configuration of correlations against Microsoft Sentinel watchlists. Accessing sensitive data from a new or unauthorized geo-location warrants further review.
References
Acknowledgments
For more information on North Korean remote IT worker operations, we recommend reviewing DTEX’s in-depth analysis in the report Exposing DPRK’s Cyber Syndicate and IT Workforce.
Learn more
Meet the experts behind Microsoft Threat Intelligence, Incident Response, and the Microsoft Security Response Center at our VIP Mixer at Black Hat 2025. Discover how our end-to-end platform can help you strengthen resilience and elevate your security posture.
For the latest security research from the Microsoft Threat Intelligence community, check out the Microsoft Threat Intelligence Blog.
To get notified about new publications and to join discussions on social media, follow us on LinkedIn, X (formerly Twitter), and Bluesky.
To hear stories and insights from the Microsoft Threat Intelligence community about the ever-evolving threat landscape, listen to the Microsoft Threat Intelligence podcast.
An ARU graduation ceremony at Chelmsford Cathedral
July will see approximately 6,000 Anglia Ruskin University (ARU) students across the East of England cross the stage to graduate, ready to take the next step in their careers.
Ceremonies begin at the Cambridge Corn Exchange from Monday, July 7 until Wednesday, July 9. In addition to students formally receiving their degrees, an honorary doctorate will be bestowed on Nadia Edwards-Dashti, entrepreneur, author, equity and inclusion thought-leader, and co-founder of London-based Harrington Starr, a global leader in FinTech recruitment.
Peterborough Cathedral will host the first ever set of graduations for ARU Peterborough students at 2pm on Friday, 11 July.
On Monday, 14 July, graduation ceremonies take place in Essex, with 21 ceremonies to be held at Chelmsford Cathedral across the week.
On Thursday, 17 July, ARU will bestow the award of Honorary Doctor of Business Administration on alumnus Vice Admiral Andrew Kyte, the Royal Navy’s Chief of Defence Logistics and Support.
Many of the 6,000 students due to attend graduation ceremonies this month will go on to take up vital roles in public service, including careers as doctors and police officers.
“Graduation is always a fantastic occasion, not only for our students and their families, but also our staff who have worked with them for several years to help them to earn their degree.
“My warmest congratulations to all our graduates, we are extremely proud of them and they will always be part of our ARU community.”
Professor Roderick Watkins, Vice Chancellor of Anglia Ruskin University (ARU)
Headline: ICC Principles for Sustainable Trade and Trade Finance
Trade underpins economic growth, connects markets and supports development. But if global trade is to continue delivering these benefits in the long term, and ensure resilient global economies and a healthy planet, it must also support sustainability.
Yet, assessing sustainability within international trade and trade finance remains a major challenge. Trade transactions – which connect numerous parties across the globe – remain highly fragmented and complex in nature. This is further compounded by a lack of consistent, standardised definitions across countries for assessing the sustainability of transactions. Without clarity, efforts to promote sustainable trade risks being undermined. Crucially, it also makes it more difficult to align global trade with the goals of the Paris Agreement and mobilise the finance needed to deliver them.
The growing interest in environmental, social and corporate governance (ESG) provides a beacon of hope for change. Yet, interest alone isn’t enough – clear, consistent definitions on sustainable international trade and trade finance are needed to turn ambition into action.
With this in mind, the ICC, together with input and endorsement from major trade banks, have developed the Principles for Sustainable Trade and Trade Finance, providing the clarity and common ground needed to help global trade play its part in delivering on sustainability goals and in meeting the Paris Agreement’s 1.5°C target.
The Sustainable Trade Finance Principles sit under the broader Trade, which provide a frame to assess both the environmental sustainability of a transaction, and how it supports socio-economically sustainable development.
The first sustainability framework for the trade finance market
The ICC Principles for Sustainable Trade
The Sustainable Trade Principles, currently in its third iteration (Wave 3), aim to define standards for sustainable trade to accelerate the shift to a more sustainable economy. It provides a framework to assess sustainability of trade across four key components – the ‘use of proceeds’, ‘seller’, ‘buyer’, and ‘distribution’ – against two critical dimensions, namely environmental and socio-economically sustainable development.
The ICC Principles for Sustainable Trade include:
High-level principles for banks to utilise and base their internal methodologies on
Guidance on methodology for how the principles can best be utilised in a common framework, with practical advice on assessments across different components
A framework providing nuanced sustainability assessments based on sector-specific evidence
A Sustainable Credential Library to consolidate recognised standards, conventions, and ESG scorers
Clear guidance on acceptable forms of evidence, to ensure the framework is more accessible and less burdensome, including for SMEs
The integration of any regional taxonomies, where appropriate, allowing for greater applicability across diverse markets
The Principles for Sustainable Trade Finance (PSTF), which enhance the Use of Proceeds assessment of the Principles for Sustainable for Trade by setting thresholds and assessments within trade finance to ensure alignment with established frameworks whilst enabling more flexibility in evidencing sustainability
The Sustainable Trade Finance Principles
Together with industry leaders, ICC further developed the Sustainable Trade Finance Principles, currently in its second iteration (Wave 2). The Principles include a sub-set of principles and guidelines, including:
The Principles for Green Trade Finance (PGTF)
Set of detailed, fully implementable principles that provide a common language and set of processes for banks to utilise when conducting a Use of Proceeds-based assessment for green-labelled Trade Finance products. These principles are closely aligned with the Loan Market Association (LMA) Green Loan Principles (GPLs) but allow assessment based on the purpose of a transaction or its goods in addition to purpose-based evaluations.
What has been newly added in the Sustainable Trade Finance Principles (Wave 2)?
ICC’s Principles for Social Trade Finance(PSoTF)
Comprehensive framework for Use of Proceeds-based assessment for socially sustainable-labelled TF products, aligned to the LMA Social Loan Principles.
ICC’sguidance on Sustainability-linked Trade Finance
Tailored advice for sustainability linked assessments in trade finance, aligned to LMA Sustainability-Linked Loan Principles.
ICC’s guidance on Sustainability-linked Supply Chain Finance
Additional clarity on Sustainability-Linked Supply Chain Finance programmes, aligned to LMA SLLPs
Previous milestones
Principles for Sustainable Trade Finance (2024)
ICC developed the first-ever industry taxonomy to define what constitutes a sustainable trade finance transaction — filling a major gap in existing practice within the financial sector. The Standards for Sustainable Trade and Sustainable Trade Finance positioning paper was launched in 2021 as an initial step to developing a tool that is both robust and workable from an industry perspective.
Learn more
Principles
Principles for Sustainable Trade: Wave 2 (2023)
A minimum viable ‘Wave 1’ framework was launched in November 2022 and assessed both the environmental sustainability of a transaction, and how it supports socio-economically sustainable development. In tandem, a pilot scheme was launched in the textiles industry, with participants applying the framework to real transactions to understand what works and what could be improved in future versions of the framework.
Learn more
Principles
Wave 1 Framework for Sustainable Trade and Sustainable Trade Finance (2022)
The Wave 2 Principles were designed with usability in mind, while simultaneously improving reach, applicability, and rigour. Relative to Wave 1, Wave 2 has focused on expanding the scope to include three new sectors, adding rigour through a more granular grading system, allowing easier automation, by incorporating machine-readable sources of evidence and including a “distribution” component.
Learn more
Principles
Positioning paper on Standards for Sustainable Trade and Trade Finance (2021)
Developed in collaboration with BCG and leading trade banks in 2024, ICC provides a consensus set of principles that define sustainable trade finance products, offering clear, transparent, and consistent guidelines to enable banks, corporates and investors to effectively channel capital towards sustainable and inclusive trade finance facilities while mitigating the risks associated with greenwashing. These principles fit within the broader Principles for Sustainable Trade.
Learn more
Positioning paper
What’s next?
Alongside the launch of the Principles, ICC is launching a consultation where participants are invited to pilot and test the principles in their trade finance operation, and provide feedback and contributions. This collaborative approach collaborative approach will ensure that the principles remain practical, scalable, and reflective of industry needs.
Industry professionals may provide their further insights and feedback in the survey link provided.
Please reach out to the ICC team for further details.
Ageas announced today that all necessary regulatory approvals for the acquisition of Acromas Insurance Company Limited (AICL), Saga’s Underwriting Business, have been obtained and the transaction has been completed.
The completion of the acquisition of AICL represents the first milestone towards the establishment of a 20-year partnership with Saga Services Limited (SSL) for the distribution of personal lines Motor and Home insurance products to Saga’s customers, as communicated on 16 December 2024 (read the press release).
The acquisition and the distribution agreement with Saga, the UK specialist provider of products and services to people aged over 50, aligns perfectly with Ageas’s Elevate27 strategy, to capitalise on its robust Non-Life presence across Europe, while accelerating solutions targeted at an ageing population, a rapidly expanding customer segment where the Group and Ageas UK already have real strength and expertise. Furthermore, it presents Ageas with the opportunity to enhance its position as a leading personal lines insurer in the UK.
The overall consideration for the acquisition is approximately GBP 67 million – consistent with prior communications, and to be paid out between acquisition and the operational start date of the partnership. The overall Solvency II impact, including the Affinity Partnership, remains aligned with the previously communicated – 5%.
Ageas is a Belgian rooted listed international insurance Group with a heritage spanning of 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow, and is also engaged in reinsurance activities. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of EUR 18.5 billion in 2024.
Ageas announced today that all necessary regulatory approvals for the acquisition of Acromas Insurance Company Limited (AICL), Saga’s Underwriting Business, have been obtained and the transaction has been completed.
The completion of the acquisition of AICL represents the first milestone towards the establishment of a 20-year partnership with Saga Services Limited (SSL) for the distribution of personal lines Motor and Home insurance products to Saga’s customers, as communicated on 16 December 2024 (read the press release).
The acquisition and the distribution agreement with Saga, the UK specialist provider of products and services to people aged over 50, aligns perfectly with Ageas’s Elevate27 strategy, to capitalise on its robust Non-Life presence across Europe, while accelerating solutions targeted at an ageing population, a rapidly expanding customer segment where the Group and Ageas UK already have real strength and expertise. Furthermore, it presents Ageas with the opportunity to enhance its position as a leading personal lines insurer in the UK.
The overall consideration for the acquisition is approximately GBP 67 million – consistent with prior communications, and to be paid out between acquisition and the operational start date of the partnership. The overall Solvency II impact, including the Affinity Partnership, remains aligned with the previously communicated – 5%.
Ageas is a Belgian rooted listed international insurance Group with a heritage spanning of 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow, and is also engaged in reinsurance activities. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of EUR 18.5 billion in 2024.
COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at June 30, 2025
Paris, July 1st, 2025 – 17.45
Total Number of Shares Capital
Theoretical Number of Voting Rights1
Number of Real Voting Rights2
150,179,792
150,179,792
149,327,732
(1) including own shares (2) excluding own shares
Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the websitewww.wiztrust.com.
About Coface
COFACE SA is a société anonyme (joint-stock corporation), with a Board of Directors (Conseil d’Administration) incorporated under the laws of France, and is governed by the provisions of the French Commercial Code. The Company is registered with the Nanterre Trade and Companies Register (Registre du Commerce et des Sociétés) under the number 432 413 599. The Company’s registered office is at 1 Place Costes et Bellonte, 92270 Bois Colombes, France.
At the date of 31 December 2024, the Company’s share capital amounts to €300,359,584, divided into 150,179,792 shares, all of the same class, and all of which are fully paid up and subscribed.
Source: United Kingdom – Executive Government & Departments
News story
New Permanent Secretary at Department for Transport
Jo Shanmugalingam has been appointed as the new Permanent Secretary of the Department for Transport, taking over from Bernadette Kelly
The Cabinet Secretary, with the approval of the Prime Minister, has announced the appointment of Jo Shanmugalingam as the new Permanent Secretary of the Department for Transport (DfT).
Jo is currently the department’s Second Permanent Secretary, and has been serving as the Interim Permanent Secretary since Bernadette Kelly stepped down last month.
Jo started her career at the Department for Trade and Industry and spent six years at the Shareholder Executive (now UKGI). Her previous roles include Director General for Science, Innovation and Growth at the Department of Science, Innovation and Technology, and the Department for Business, Energy & Industrial Strategy.
She will lead the department as the government rebuilds Britain through growth and investment under the Plan for Change, transforming transport infrastructure across the country and making it easier to build new roads and railways.
Secretary of State for Transport, Heidi Alexander, said:
I’m delighted to have Jo appointed as Permanent Secretary for the Department for Transport. Having worked closely with her since taking up my role, I know she will provide exemplary leadership as we deliver for this government and the public.
I’d like to once again thank Bernadette Kelly for her many years of public service – I can think of no one better to take over the reins from Bernadette than Jo, and I look forward to working with her to deliver this government’s ambitious Plan for Change.
Cabinet Secretary, Sir Chris Wormald, said:
I congratulate Jo Shanmugalingam on her appointment as Permanent Secretary at the Department for Transport. Jo’s valuable experience and impressive track record in delivery make her well suited to lead the department at such an important moment of infrastructure renewal under the Plan for Change – building transport services across the country that boost opportunity and growth for working people.
I would also like to thank Bernadette Kelly for her dedicated service over 39 years in the Civil Service, in particular for her eight years leading the Department for Transport.
Jo Shanmugalingam said:
I am honoured to be appointed Permanent Secretary at the Department for Transport. Transport is fundamental to everything we do, connecting people to friends and family, jobs and training.
As a department we have a huge part to play at this critical time in driving economic growth. I’m incredibly fortunate to continue working with the talented team in DfT and across the transport system, who I know are all just as dedicated to delivering changes that make a real difference to people’s lives.
The appointment follows an external recruitment competition overseen by the independent Civil Service Commission.
Headline: 5 ways AI is supercharging research in financial services
As the capital markets industry has expanded both in scope and complexity, research has only become more essential. Since the late twentieth century, globalization, specialization, and increasingly complex regulatory frameworks have all elevated research from an interesting competitive differentiator to a competitive imperative. Now, with the application of increasingly powerful AI solutions, research is poised to become the defining factor in determining winners and losers in a rapidly shifting landscape.
At Microsoft, we develop highly tailored, long-term technology partnerships with financial services firms around the world. Increasingly, this includes co-innovating with AI to help unlock new business value and deepen customer relationships. At present, enhancing research and analytics with AI is one of the primary transformation levers for investment banks, asset management firms, and financial data and analytics providers. In many cases, it is helping to solve longstanding challenges around deriving greater value from data and rapidly converting insights into competitive advantage.
Explore AI solutions with Microsoft for financial services
Realizing the promise of data-driven research through AI
AI is rapidly changing the nature and value of advanced analytics in research. Traditional analytics have long helped firms understand what happened and why—but AI is helping them predict what will happen next and prescribe optimal courses of action in real time.
This shift from retrospective analysis to proactive intelligence can help firms unlock new sources of value and ultimately develop groundbreaking new products that redefine the competitive landscape.
As innovative firms recognize the potential of AI, they also see the opportunity to address longstanding challenges that hinder effective research. Among these:
Data overload and complexity Financial markets are inundated with massive volumes of data from diverse, often siloed sources that can be difficult to integrate and synthesize. This makes it hard to access the right data at the right time, which can slow decision-making and heighten risk. As data requirements become more complex, solutions are needed that can unify, structure, and analyze data at scale to deliver timely, actionable insights.
Fragmented workflows across user journeys Research analysts frequently struggle to navigate large volumes of disparate data housed in disconnected systems, tools, and formats, leading to time-consuming manual data compilation and synthesis. The increase in non-integrated tools, applications, and data structures disrupts business workflows and can lead to inefficiencies, duplication of effort, errors of omission, and delays in decision-making.
Dependency on traditional data sources Many firms and analysts rely heavily on conventional market reference data, company fundamentals, industry reports, and databases, which often lack real-time insights and limit the speed and accuracy of market predictions. As new opportunities arise, firms need solutions that can extract more value out of existing sources while also making it easy to incorporate alternative and real-time sources—enhancing both predictive accuracy and responsiveness to market shifts.
Information overload and time constraints Research and analyst professionals are always challenged to keep up with reports, emails, meetings, and chats. The overload tends to slow decision-making and increases the risk of missed opportunities. Stringent regulatory compliance requirements add additional demands.
Five ways AI redefines the value of research in financial services
AI gives financial services firms new solutions to these longstanding barriers and opportunities to use data in new ways that can differentiate their offerings. Here are five important areas where AI can change the game:
1. Advance analysis with AI-powered analytics
AI-powered analytics empower research analysts to cut through the noise of information overload and extract valuable insights with unprecedented speed and precision. The combination of AI with predictive analytics empowers researchers to analyze historical patterns more deeply, identify emerging trends, and make more informed investment decisions. This can ultimately help to improve engagement and win rates.
A prime example of this is our partnership with Moody’s where we co-developed innovative solutions for research and risk assessment. Moody’s Research Assistant significantly increases productivity and effectiveness, with users reporting up to 80% time savings on data collection and 50% on analysis during the pilot phase.1
2. Accelerate operational efficiency through intelligent automation
Traditional research processes—such as manual data compilation, synthesis, and report generation—are time-consuming and error-prone. AI-powered automation transforms them by integrating data sources, automating repetitive tasks, and promoting seamless collaboration across teams, which results in faster turnaround times, reduced operational costs, and improved operational efficiency.
With tools like Microsoft Copilot, Researcher agent, and Analyst agent, firms can significantly boost productivity and operational efficiency. These AI-powered assistants can handle such tasks as summarizing investor reports and earnings calls, creating presentation-ready visualizations from raw data, and drafting research documents and client-ready insights quickly. This frees up valuable time for analysts to focus on higher-value activities, such as strategic analysis and client engagement.
3. Deliver real-time insights
To help meet the accelerating pace of business, AI-powered applications empower financial services firms to surface real-time insights from a variety of sources including market news, earnings reports, and social media.
Bridging knowledge across platforms helps analysts identify emerging trends faster and develop better investment strategies. For example, AI can continuously monitor global news sources and sentiment signals to identify early indicators of market shifts and potential disruptions. Firms can then use this information to react swiftly and make proactive investment decisions ahead of competitors.
Firms can build new AI-powered solutions that incorporate real-time data into advanced searches, personalization, and recommendations, using innovations like the powerful vector database built by KX—essentially, a specialized system that understands the meaning and context of a huge set of data types such as text, images, or PDFs. It aims to help financial institutions seize opportunities faster by turning real-time data into real-time action.
4. Empower employees with high-value experiences
AI-powered tools can transform how financial services professionals work with tools and solutions that support the most critical research functions, such as financial modeling and pitchbook preparation. Processes can be significantly streamlined while remaining interoperable, secure, and compliant.
A good example of this is the innovation resulting from our long-term strategic partnership with LSEG (London Stock Exchange Group) to transform data with next-generation productivity and analytics solutions. One recent advancement is the launch of the LSEG Workspace Add-in, which integrates AI-powered insights into Excel and PowerPoint. With features like contextual data discovery and interactive charting, the add-in can help financial professionals work faster and more insightfully.
Reducing the burden of manual tasks can also help boost job satisfaction. The integration of AI into daily workflows helps people focus on more intellectually stimulating activities, freeing up time for higher-value analysis and strategic thinking, and helping to attract and retain top talent.
5. Deepen market understanding
AI-powered analytics are transforming how analysts understand markets and convert insights into action. By processing vast amounts of financial data in real-time, AI can uncover complex patterns and correlations that were previously undetectable, such as market sentiment from news articles and social media or a real-time pulse on investor sentiment or market dynamics. Machine learning models can predict stock price movements with greater accuracy by integrating diverse data sources, including economic indicators and company performance metrics.
A richer view of market forces and dynamics translates into better decision-making and sharper investment strategies. It helps firms anticipate emerging risks and opportunities sooner, enabling them to respond faster and more confidently in an increasingly volatile market landscape.
Now is the time for agentic AI
A new class of AI tools will soon deliver the ability to plan, reason, and take actions to achieve goals. In financial services, they will be able to gather, analyze, and contextualize information autonomously from diverse sources and proactively surface relevant insights—or even suggest strategic actions based on real-time developments.
On the near horizon, advanced “orchestrator” agents will focus on new capabilities in distinct functional areas such as market intelligence, data aggregation, strategy simulation, reporting, and compliance. This holds the potential for powerful competitive advantages, helping analysts to stay ahead of market shifts, make more accurate predictions, and deliver higher-impact recommendations.
Learn more
Microsoft for financial services
Unlock business value and deepen customer relationships in the era of AI
1 Moody’s Investor Relations, “Moody’s Launches Moody’s Research Assistant,” December 2023.
Andrew Comas
Director of Business Strategy, Microsoft
Andrew Comas is Director of Business Strategy at Microsoft, driving strategic initiatives and cross-functional alignment across Financial Services and Industry (FSI) sectors. With deep expertise in capital markets and digital transformation, Andrew partners closely with senior leadership to shape go-to-market priorities and accelerate innovation. He is passionate about translating complex business needs into actionable strategies that deliver measurable impact and long-term value.
See more articles from this author
Claudia Hauser
Worldwide Wealth Management & Capital Markets Solutions Lead, Microsoft Financial Services
Claudia Hauser is Director at Microsoft Worldwide Financial Services, leading global scale solutions for Capital Markets and Wealth Management. With over 25 years of experience in financial services and technology, she brings deep industry expertise, leadership, and a strong track record in customer engagement and partner strategy. Claudia is passionate about aligning business needs with innovative solutions to drive transformation and deliver value across the financial services ecosystem.
Headline: 5 ways AI is supercharging research in financial services
As the capital markets industry has expanded both in scope and complexity, research has only become more essential. Since the late twentieth century, globalization, specialization, and increasingly complex regulatory frameworks have all elevated research from an interesting competitive differentiator to a competitive imperative. Now, with the application of increasingly powerful AI solutions, research is poised to become the defining factor in determining winners and losers in a rapidly shifting landscape.
At Microsoft, we develop highly tailored, long-term technology partnerships with financial services firms around the world. Increasingly, this includes co-innovating with AI to help unlock new business value and deepen customer relationships. At present, enhancing research and analytics with AI is one of the primary transformation levers for investment banks, asset management firms, and financial data and analytics providers. In many cases, it is helping to solve longstanding challenges around deriving greater value from data and rapidly converting insights into competitive advantage.
Explore AI solutions with Microsoft for financial services
Realizing the promise of data-driven research through AI
AI is rapidly changing the nature and value of advanced analytics in research. Traditional analytics have long helped firms understand what happened and why—but AI is helping them predict what will happen next and prescribe optimal courses of action in real time.
This shift from retrospective analysis to proactive intelligence can help firms unlock new sources of value and ultimately develop groundbreaking new products that redefine the competitive landscape.
As innovative firms recognize the potential of AI, they also see the opportunity to address longstanding challenges that hinder effective research. Among these:
Data overload and complexity Financial markets are inundated with massive volumes of data from diverse, often siloed sources that can be difficult to integrate and synthesize. This makes it hard to access the right data at the right time, which can slow decision-making and heighten risk. As data requirements become more complex, solutions are needed that can unify, structure, and analyze data at scale to deliver timely, actionable insights.
Fragmented workflows across user journeys Research analysts frequently struggle to navigate large volumes of disparate data housed in disconnected systems, tools, and formats, leading to time-consuming manual data compilation and synthesis. The increase in non-integrated tools, applications, and data structures disrupts business workflows and can lead to inefficiencies, duplication of effort, errors of omission, and delays in decision-making.
Dependency on traditional data sources Many firms and analysts rely heavily on conventional market reference data, company fundamentals, industry reports, and databases, which often lack real-time insights and limit the speed and accuracy of market predictions. As new opportunities arise, firms need solutions that can extract more value out of existing sources while also making it easy to incorporate alternative and real-time sources—enhancing both predictive accuracy and responsiveness to market shifts.
Information overload and time constraints Research and analyst professionals are always challenged to keep up with reports, emails, meetings, and chats. The overload tends to slow decision-making and increases the risk of missed opportunities. Stringent regulatory compliance requirements add additional demands.
Five ways AI redefines the value of research in financial services
AI gives financial services firms new solutions to these longstanding barriers and opportunities to use data in new ways that can differentiate their offerings. Here are five important areas where AI can change the game:
1. Advance analysis with AI-powered analytics
AI-powered analytics empower research analysts to cut through the noise of information overload and extract valuable insights with unprecedented speed and precision. The combination of AI with predictive analytics empowers researchers to analyze historical patterns more deeply, identify emerging trends, and make more informed investment decisions. This can ultimately help to improve engagement and win rates.
A prime example of this is our partnership with Moody’s where we co-developed innovative solutions for research and risk assessment. Moody’s Research Assistant significantly increases productivity and effectiveness, with users reporting up to 80% time savings on data collection and 50% on analysis during the pilot phase.1
2. Accelerate operational efficiency through intelligent automation
Traditional research processes—such as manual data compilation, synthesis, and report generation—are time-consuming and error-prone. AI-powered automation transforms them by integrating data sources, automating repetitive tasks, and promoting seamless collaboration across teams, which results in faster turnaround times, reduced operational costs, and improved operational efficiency.
With tools like Microsoft Copilot, Researcher agent, and Analyst agent, firms can significantly boost productivity and operational efficiency. These AI-powered assistants can handle such tasks as summarizing investor reports and earnings calls, creating presentation-ready visualizations from raw data, and drafting research documents and client-ready insights quickly. This frees up valuable time for analysts to focus on higher-value activities, such as strategic analysis and client engagement.
3. Deliver real-time insights
To help meet the accelerating pace of business, AI-powered applications empower financial services firms to surface real-time insights from a variety of sources including market news, earnings reports, and social media.
Bridging knowledge across platforms helps analysts identify emerging trends faster and develop better investment strategies. For example, AI can continuously monitor global news sources and sentiment signals to identify early indicators of market shifts and potential disruptions. Firms can then use this information to react swiftly and make proactive investment decisions ahead of competitors.
Firms can build new AI-powered solutions that incorporate real-time data into advanced searches, personalization, and recommendations, using innovations like the powerful vector database built by KX—essentially, a specialized system that understands the meaning and context of a huge set of data types such as text, images, or PDFs. It aims to help financial institutions seize opportunities faster by turning real-time data into real-time action.
4. Empower employees with high-value experiences
AI-powered tools can transform how financial services professionals work with tools and solutions that support the most critical research functions, such as financial modeling and pitchbook preparation. Processes can be significantly streamlined while remaining interoperable, secure, and compliant.
A good example of this is the innovation resulting from our long-term strategic partnership with LSEG (London Stock Exchange Group) to transform data with next-generation productivity and analytics solutions. One recent advancement is the launch of the LSEG Workspace Add-in, which integrates AI-powered insights into Excel and PowerPoint. With features like contextual data discovery and interactive charting, the add-in can help financial professionals work faster and more insightfully.
Reducing the burden of manual tasks can also help boost job satisfaction. The integration of AI into daily workflows helps people focus on more intellectually stimulating activities, freeing up time for higher-value analysis and strategic thinking, and helping to attract and retain top talent.
5. Deepen market understanding
AI-powered analytics are transforming how analysts understand markets and convert insights into action. By processing vast amounts of financial data in real-time, AI can uncover complex patterns and correlations that were previously undetectable, such as market sentiment from news articles and social media or a real-time pulse on investor sentiment or market dynamics. Machine learning models can predict stock price movements with greater accuracy by integrating diverse data sources, including economic indicators and company performance metrics.
A richer view of market forces and dynamics translates into better decision-making and sharper investment strategies. It helps firms anticipate emerging risks and opportunities sooner, enabling them to respond faster and more confidently in an increasingly volatile market landscape.
Now is the time for agentic AI
A new class of AI tools will soon deliver the ability to plan, reason, and take actions to achieve goals. In financial services, they will be able to gather, analyze, and contextualize information autonomously from diverse sources and proactively surface relevant insights—or even suggest strategic actions based on real-time developments.
On the near horizon, advanced “orchestrator” agents will focus on new capabilities in distinct functional areas such as market intelligence, data aggregation, strategy simulation, reporting, and compliance. This holds the potential for powerful competitive advantages, helping analysts to stay ahead of market shifts, make more accurate predictions, and deliver higher-impact recommendations.
Learn more
Microsoft for financial services
Unlock business value and deepen customer relationships in the era of AI
1 Moody’s Investor Relations, “Moody’s Launches Moody’s Research Assistant,” December 2023.
Andrew Comas
Director of Business Strategy, Microsoft
Andrew Comas is Director of Business Strategy at Microsoft, driving strategic initiatives and cross-functional alignment across Financial Services and Industry (FSI) sectors. With deep expertise in capital markets and digital transformation, Andrew partners closely with senior leadership to shape go-to-market priorities and accelerate innovation. He is passionate about translating complex business needs into actionable strategies that deliver measurable impact and long-term value.
See more articles from this author
Claudia Hauser
Worldwide Wealth Management & Capital Markets Solutions Lead, Microsoft Financial Services
Claudia Hauser is Director at Microsoft Worldwide Financial Services, leading global scale solutions for Capital Markets and Wealth Management. With over 25 years of experience in financial services and technology, she brings deep industry expertise, leadership, and a strong track record in customer engagement and partner strategy. Claudia is passionate about aligning business needs with innovative solutions to drive transformation and deliver value across the financial services ecosystem.
SINGAPORE, July 01, 2025 (GLOBE NEWSWIRE) — BexBack Exchange is offering an exciting new promotion: a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency futures trading – all with no KYC required! This is your chance to maximize potential returns in a high-volatility market.
What Is 100x Leverage and How Does It Work?
Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:
Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.
One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.
With BexBack’s deposit bonus
BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.
Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.
How Does the 100% Deposit Bonus Work? The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.
About BexBack?
BexBack is a top-tier cryptocurrency derivatives platform offering up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and over 50 other futures contracts. Headquartered in Singapore, with additional offices in Hong Kong, Japan, the United States, the UK, and Argentina, BexBack is licensed as a US MSB (Money Services Business). Trusted by more than 500,000 traders globally, the platform welcomes users from the US, Canada, and Europe. BexBack offers zero deposit fees and provides comprehensive customer service available 24/7 to ensure an exceptional trading experience.
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Disclaimer: This content is provided by BexBack.The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
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The Chairperson of the Select Committee on Economic Development and Trade, Ms Sonja Boshoff, has welcomed the launch of Proudly SA’s new online platform for locally produced consumer goods.
Ms Boshoff characterised the platform as a significant step towards reindustrialisation of the South African economy, which will protect local jobs.
“This digital marketplace will serve as a vital conduit for South African businesses – particularly manufacturers and small-scale producers – to reach consumers across the country. In time, the platform is also expected to open international avenues for local exporters, contributing meaningfully to market diversification and economic resilience,” Ms Boshoff said.
“This initiative could not have come at a more important time. South Africa continues to face the triple threat of high unemployment, sluggish economic growth and deindustrialisation. Platforms such as this are essential to reversing the tide. By creating accessible digital channels for local producers, Proudly SA is directly contributing to inclusive economic growth and supporting job retention in vulnerable sectors like manufacturing and agro processing.
“While we commend this important intervention, it must form part of a broader localisation strategy, supported by clear procurement policies, incentives for domestic production and infrastructure support for township and rural enterprises. This is how industrialised nations have built resilient economies, and South Africa must be no different,” Ms Boshoff said.
She added that the committee encourages businesses, big and small, to register on the Proudly SA platform and commit to local procurement wherever possible. “Consumers, too, have a critical role to play in supporting this ecosystem. Buying local is no longer just patriotic; it is an economic imperative.”
“The committee will continue to exercise rigorous oversight over the departments and entities tasked with economic development, ensuring that such platforms receive the institutional backing, marketing exposure, and policy alignment they need to succeed,” added Ms Boshoff.
“South Africa has the capacity to produce its own goods – from furniture to fashion, food to film – and we must prioritise these industries if we are serious about reaching our growth targets and reducing the unemployment rate, which currently sits at an unsustainable 43.1%. It is time to back South African producers, not in words, but in procurement decisions, public policy, and consumer behaviour,” she said.
Distributed by APO Group on behalf of Republic of South Africa: The Parliament.
BILLERICA, Mass., July 01, 2025 (GLOBE NEWSWIRE) — E Ink (8069.TWO), the originator, pioneer, and global commercial leader in ePaper technology, announced the launch of a groundbreaking ePaper touchpad solution for laptops, developed through the integration of Intel® Smart Base, Intel® Innovation Platform Framework (Intel® IPF), and Intel® AI Assistant Builder technologies. This innovative solution combines color ePaper with traditional laptop touchpads, creating a visual, AI-assisted human-machine interface (HMI) that enhances user interaction and brings a whole new dimension of functionality to Intel-based AI PCs.
“Driven by our mission, ‘We Make Surfaces Smart and Green,’ E Ink continues to explore innovative applications across industries through ePaper technology,” stated JM Hung, the Vice President of Business Center of E Ink Holdings. “With the development tools and reference architecture provided by the Intel® Smart Base ecosystem, we’ve created ultra-slim, energy-efficient modules optimized for AI PC designs. These modules enable seamless integration of ePaper displays into laptop touchpad areas—delivering crisp visuals, low power consumption, and a novel interactive experience.”
ePaper’s core advantages—paper-like readability, ultra-low power consumption, and excellent sunlight visibility—make it ideally suited for auxiliary displays in mobile computing devices. By integrating ePaper into the touchpad, E Ink not only preserves the intuitive functionality of touch interactions but also unlocks new second-screen capabilities. With support from Intel® Smart Base, Intel® IPF, and Intel® AI Assistant Builder, the system is empowered to perform real-time edge AI applications such as frequently used shortcuts and system notifications and GenAI contents like text/image summaries, gaming tactics, or custom AI tasks displayed on the interactive C-cover. Users can also view weather updates, take notes, display meeting transcripts, or showcase personalized cover art—even when the device is powered off.
Additionally, because ePaper consumes power only when content is updated and remains static otherwise, it significantly reduces overall system power consumption compared to emissive displays. Its non-emissive, reflective and flicker-free nature also reduces eye strain, making this touchpad design a uniquely ergonomic and eco-friendly innovation.
Leveraging Intel’s platform and ecosystem, E Ink enhances the laptop user experience through:
Visual Interaction Innovation: Employing ePaper as a next-gen touch display medium, enabling low-power visual interactivity for intuitive HMI design.
AI-Powered Personalization: Supporting AI-driven content generation to elevate functionality and user engagement.
Design-Driven Integration: Tailored for the aesthetics and performance requirements of new-generation AI PCs.
UX Redefined: Reinventing the user experience with the comfort, clarity, and adaptability of ePaper displays.
Scalable Possibilities: Establishing a solid foundation for future AI hardware applications by integrating Intel’s reference designs and solutions.
This touch enabled application highlights the versatility and forward-looking potential of ePaper technology in next-generation computing. E Ink will continue to expand the boundaries of interactive design by exploring innovative ePaper scenarios in the AI era—delivering sustainable, personalized, and cutting-edge user experiences.
About E Ink E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for their efforts by receiving validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.
Contact: V2 Communications for E Ink eink@v2comms.com
Irvine, CA, July 01, 2025 (GLOBE NEWSWIRE) — Blue Navy Recovery, a leading unclaimed property recovery firm operating in California and Georgia, today announced the successful completion of 200 client claims, totaling over $6 million in recovered funds. This milestone reflects not just the company’s operational efficiency, but also the growing awareness around reclaiming dormant assets that many individuals may not realize are legally theirs.
Service features displayed on Blue Navy Recovery’s website, highlighting unclaimed property recovery support for clients in California and Georgia.
The firm’s approach to unclaimed property recovery is rooted in accessibility, compliance, and clarity. Blue Navy Recovery provides comprehensive support—from document preparation to direct communication with state agencies—removing the burdens typically associated with navigating bureaucratic systems. With no upfront charges and a compensation model based solely on successful recoveries, the service is designed to be risk-free and approachable for claimants at any income level. The company’s recent launch was covered by prominent publishers like Business Insider and Yahoo! Finance.
Blue Navy Recovery has worked with hundreds of individuals who had no prior knowledge that the state was holding funds in their name. These include old bank accounts, unclaimed insurance proceeds, utility refunds, and more. Verified client reviews on platforms like Google and Yelp highlight the impact of Blue Navy’s work. Additionally, those interested in a deeper look at specific case stories can explore verified client experiences shared via publicly available reviews and testimonials.
“Reaching 200 successful cases is a meaningful benchmark,” said David Dorfman, Managing Partner at Blue Navy Recovery. “Every claim represents not just a number, but a person reconnecting with assets that had slipped through the cracks. It’s a privilege to facilitate those outcomes.”
The company was born from firsthand frustration with state-run recovery systems and has since built a streamlined, secure model designed around user ease and institutional trust. Claimants have access to a secure and user-friendly client process and support materials to streamline the process of recovering unclaimed funds within each state’s state-specific recovery process.
To learn more about unclaimed property recovery in California or Georgia, visit Blue Navy Recovery. For a closer look at previous case outcomes and claimant experiences, see Blue Navy Recovery testimonials hosted on the company’s official website.
Overview of Blue Navy Recovery’s mission and unclaimed property recovery services for clients in California and Georgia.
About Blue Navy Recovery
Blue Navy Recovery is a professional unclaimed property recovery firm that helps individuals and families recover lost or forgotten funds held by the state. With deep experience navigating the claims process in California and Georgia, we’ve helped return millions of dollars to rightful owners. We handle the paperwork, follow-ups, and filing — so you don’t have to. Our team only collects a percentage of the recovered amount, with no upfront cost.
Irvine, CA, July 01, 2025 (GLOBE NEWSWIRE) — Blue Navy Recovery, a leading unclaimed property recovery firm operating in California and Georgia, today announced the successful completion of 200 client claims, totaling over $6 million in recovered funds. This milestone reflects not just the company’s operational efficiency, but also the growing awareness around reclaiming dormant assets that many individuals may not realize are legally theirs.
Service features displayed on Blue Navy Recovery’s website, highlighting unclaimed property recovery support for clients in California and Georgia.
The firm’s approach to unclaimed property recovery is rooted in accessibility, compliance, and clarity. Blue Navy Recovery provides comprehensive support—from document preparation to direct communication with state agencies—removing the burdens typically associated with navigating bureaucratic systems. With no upfront charges and a compensation model based solely on successful recoveries, the service is designed to be risk-free and approachable for claimants at any income level. The company’s recent launch was covered by prominent publishers like Business Insider and Yahoo! Finance.
Blue Navy Recovery has worked with hundreds of individuals who had no prior knowledge that the state was holding funds in their name. These include old bank accounts, unclaimed insurance proceeds, utility refunds, and more. Verified client reviews on platforms like Google and Yelp highlight the impact of Blue Navy’s work. Additionally, those interested in a deeper look at specific case stories can explore verified client experiences shared via publicly available reviews and testimonials.
“Reaching 200 successful cases is a meaningful benchmark,” said David Dorfman, Managing Partner at Blue Navy Recovery. “Every claim represents not just a number, but a person reconnecting with assets that had slipped through the cracks. It’s a privilege to facilitate those outcomes.”
The company was born from firsthand frustration with state-run recovery systems and has since built a streamlined, secure model designed around user ease and institutional trust. Claimants have access to a secure and user-friendly client process and support materials to streamline the process of recovering unclaimed funds within each state’s state-specific recovery process.
To learn more about unclaimed property recovery in California or Georgia, visit Blue Navy Recovery. For a closer look at previous case outcomes and claimant experiences, see Blue Navy Recovery testimonials hosted on the company’s official website.
Overview of Blue Navy Recovery’s mission and unclaimed property recovery services for clients in California and Georgia.
About Blue Navy Recovery
Blue Navy Recovery is a professional unclaimed property recovery firm that helps individuals and families recover lost or forgotten funds held by the state. With deep experience navigating the claims process in California and Georgia, we’ve helped return millions of dollars to rightful owners. We handle the paperwork, follow-ups, and filing — so you don’t have to. Our team only collects a percentage of the recovered amount, with no upfront cost.
New York City, NY, July 01, 2025 (GLOBE NEWSWIRE) — In an era where men’s health is at the forefront of the wellness conversation, Test Boost Max by Sculpt Nation has rapidly emerged as one of the most talked-about natural testosterone support supplements in the U.S. market. With consumers increasingly seeking solutions that enhance vitality, energy, and hormonal balance without synthetic ingredients, the growing momentum behind Test Boost Max marks a significant shift in how testosterone support is being approached.
Positioned as a plant-powered formula that targets the body’s natural testosterone production, Test Boost Max has gained traction not through hype, but by aligning its formulation with scientific findings and time-tested herbal components. The supplement’s blend of botanicals, adaptogens, and minerals has drawn attention not only from fitness-minded consumers, but also from physicians, wellness professionals, and clinical nutritionists who are witnessing increased demand for natural alternatives to hormone therapy.
Addressing a Quiet Epidemic: The Testosterone Decline in Modern Men
According to the official product website (https:://sculptnation.com/) Testosterone levels in men have been gradually declining over the past few decades. While aging remains a natural factor, modern lifestyle stressors—ranging from chronic sleep deprivation and poor dietary habits to environmental toxins and sedentary routines—have exacerbated hormonal imbalances across age groups. According to recent data published in The Journal of Clinical Endocrinology & Metabolism, men today produce significantly less testosterone than men of the same age just 30 years ago.
In this context, Test Boost Max is not marketed as a quick fix, but as part of a larger wellness framework that prioritizes stress management, movement, and nutritional support. Sculpt Nation emphasizes that the product was never designed to mimic synthetic testosterone or replace hormone replacement therapy (HRT). Instead, the supplement supports endocrine function by addressing the upstream mechanisms that influence testosterone levels.
Inside the Formula: A Science-Grounded Approach
The proprietary blend behind Test Boost Max is built around a core belief: the body’s hormonal systems respond best to natural compounds that have evolved alongside human biology. The formulation includes ingredients such as Ashwagandha root extract (KSM-66), Longjack (Tongkat Ali), Tribulus Terrestris, Epimedium, American Ginseng, Cordyceps, and Hawthorn Berry.
Each ingredient was selected based on peer-reviewed research that supports its individual ability to affect stress, energy, libido, muscle performance, or hormonal signaling. For example, Ashwagandha has been shown to reduce cortisol levels—a known antagonist of testosterone—while also increasing serum testosterone in male subjects undergoing strength training. Tongkat Ali, meanwhile, has earned recognition in both Western and Southeast Asian medical communities for its potential to increase free testosterone and enhance energy metabolism.
“What’s unique about Test Boost Max is the synergy,” explained Dr. Brandon Carr, an integrative health specialist not affiliated with the company. “These ingredients don’t just operate in isolation. Together, they create a broader effect—lowering stress, improving sleep quality, optimizing metabolic function—that all converge on hormonal health.”
Sculpt Nation’s research and development team worked with clinical advisors to calibrate dosages to align with those tested in human trials. The aim, they say, was to balance safety with physiological efficacy—something often overlooked in overcrowded supplement categories where ingredient stuffing is more common than scientific restraint.
Natural Doesn’t Mean Passive: Results Without the Risks
One of the reasons Test Boost Max has attracted attention in 2025 is because it operates within a unique space in men’s health: powerful enough to support results, yet gentle enough to respect the body’s own regulatory systems. With no synthetic hormones, banned substances, or pharmaceutical additives, it avoids many of the risks associated with testosterone replacement therapy, which can include fertility disruption, acne, mood instability, and cardiovascular strain.
Early consumer data collected by Sculpt Nation suggests a favorable profile:
Men using the supplement for 60 days or more reported noticeable improvements in energy, sexual performance, strength, and lean muscle development.
Anecdotal feedback has highlighted a sense of renewed motivation and physical resilience, particularly in individuals aged 35 and above.
Still, the company remains cautious not to overpromise. “We’re not here to sell magic pills,” said Dimond. “Test Boost Max is most effective when combined with movement, nutrition, and lifestyle adjustments. It’s a catalyst—not a cure-all.”
Navigating a Crowded Market
The U.S. supplement industry surpassed $60 billion in annual revenue in 2024, with male performance and hormonal health categories among the fastest growing segments. With competition from legacy brands and newer digital-first startups, it’s difficult for any one product to cut through the noise.
However, Test Boost Max appears to be achieving just that—not by reinventing the wheel, but by refining it. The formula doesn’t overwhelm with dozens of unproven ingredients. It doesn’t rely on influencer gimmicks. It doesn’t bombard the body with megadoses. Instead, it does something rare: it respects the intelligence of the modern consumer.
Its rising success may also be partially due to Sculpt Nation’s larger ecosystem. As the supplement arm of V Shred, a digital fitness brand known for personalized training programs, Sculpt Nation has access to an existing audience of millions already tuned into strength, performance, and transformation. For many of these customers, Test Boost Max serves as a natural extension of the lifestyle changes they’ve already adopted.
No Gimmicks, Just Guarantees
Perhaps the most striking move by Sculpt Nation was its decision to back Test Boost Max with a 100% lifetime money-back guarantee. Unlike the standard 30- or 60-day windows, this policy removes the pressure for immediate results and encourages long-term use, which aligns with how natural supplements often work.
“We’re confident in what we’ve built,” said CEO Vinnie Fisher in a previous statement. “If someone doesn’t feel a meaningful difference, even after months or years, they deserve a refund. It’s that simple.”
The gesture has been well received across industry forums, with many seeing it as a bold but welcome pivot toward accountability in the wellness supplement space.
How Does Test Boost Max Work?
According to the official product website, Test Boost Max is formulated to support the body’s endogenous testosterone production by enhancing the signaling pathways and physiological conditions that naturally encourage hormone synthesis. Instead of introducing synthetic testosterone, the product seeks to optimize the environment in which the body produces its own. The formula primarily works through several complementary mechanisms: Reducing Cortisol and Stress Load: Ingredients like Ashwagandha have been clinically shown to lower cortisol levels. Since cortisol has an inverse relationship with testosterone, reducing stress hormones helps preserve and potentially elevate testosterone levels. Improving Sleep Quality and Recovery: Many users of Test Boost Max report better sleep. Since testosterone is primarily produced during deep sleep, improving sleep quality can have a measurable effect on hormonal output. Stimulating Leydig Cell Activity: Longjack and Tribulus Terrestris are thought to stimulate the Leydig cells in the testes—the very cells responsible for testosterone synthesis—thereby nudging the body to produce more testosterone naturally. Supporting Circulation and Nutrient Delivery: With adaptogens like Epimedium and circulation-enhancing herbs like Hawthorn Berry, the formula helps improve blood flow, ensuring key nutrients are effectively delivered to the endocrine system. Enhancing Free Testosterone Availability: Some ingredients work by reducing the action of Sex Hormone Binding Globulin (SHBG), a protein that binds to testosterone and makes it unavailable. By reducing SHBG’s effects, more testosterone remains bioavailable. Together, these mechanisms enable Test Boost Max to create an internal environment conducive to hormonal balance and performance, rather than forcing an artificial response.
Despite its natural composition, Test Boost Max isn’t designed for everyone. Men with hormone-sensitive conditions, those on medication, or individuals with a history of endocrine disorders should consult a medical professional before using any testosterone-related supplement. Sculpt Nation includes this guidance on its packaging and insists that responsible supplementation starts with awareness.
“We always recommend people consult their doctors—not because we doubt our product, but because every person’s health landscape is different,” said Dimond.
Healthcare professionals, including naturopaths and performance dietitians, have echoed this stance. Some practitioners are beginning to integrate products like Test Boost Max into broader protocols, particularly in cases where patients seek natural alternatives to traditional hormone therapies.
Looking to the Future
With a growing body of data, increasing consumer awareness, and positive early outcomes, Test Boost Max seems well positioned for longevity in an otherwise trend-heavy market. Sculpt Nation has hinted at possible clinical collaborations in 2026 to study the supplement’s long-term effects in controlled populations—a move that could further solidify its credibility and differentiate it from opportunistic copycats.
As wellness trends evolve in the post-pandemic era, the importance of hormone health is being redefined. Where testosterone was once whispered about behind closed doors, it is now part of a larger conversation about mood, motivation, metabolic resilience, and quality of life. Products like Test Boost Max are stepping into that conversation not as magic bullets, but as tools—respectful of science, rooted in nature, and oriented around sustainable results.
About Sculpt Nation
Sculpt Nation is a premium supplement brand founded by the creators of V Shred, a digital fitness platform with over 10 million users globally. Focused on science-driven formulations and high-quality ingredients, Sculpt Nation develops performance supplements that support fat loss, muscle building, hormonal balance, and total wellness. All products are manufactured in the USA and third-party tested for purity and safety. With a mission to bring transparency, accountability, and real results to the supplement space, Sculpt Nation is redefining the way people approach performance nutrition.
Disclaimer The information provided in this review is for general educational and informational purposes only and is not intended as, nor should it be considered a substitute for, professional medical advice, diagnosis, or treatment. Always consult with your physician or another qualified healthcare provider before beginning any new supplement, dietary change, or health program—especially if you are pregnant, nursing, have existing health conditions, or are taking medications. Results may vary among individuals. The statements made regarding Test Boost Max have not been evaluated by the Food and Drug Administration (FDA). Test Boost Max is not intended to diagnose, treat, cure, or prevent any disease. Any claims made within this article about symptom relief, hearing improvement, or related health benefits are based on the product’s formulation and individual testimonials and not on conclusive clinical evidence. This content does not constitute professional health or medical advice and should not be interpreted as such. Readers should always perform their own due diligence and consult medical professionals before making decisions related to health products.
Source: United States Senator Reverend Raphael Warnock – Georgia
GOP Votes Down Warnock Amendment to Save Georgia Jobs, Protect Rural Manufacturing Boom
Senator Reverend Warnock took to the Senate floor to offer a bipartisan amendment to protect hundreds of thousands of clean energy jobs across the country
Senator Warnock was instrumental in passing these clean energy tax credits, which are responsible for 42,000 good-paying jobs in Georgia
In his effort to save these Georgia jobs, Senator Warnock penned an op-ed in the AJC, held a press conference in Savannah, and published a report on the risks posed to Georgia should the tax credits be repealed
Senator Reverend Warnock: “Those 42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits”
Washington, D.C. – Today, U.S. Senator Reverend Raphael Warnock (D-GA) took to the floor of the United States Senate to urge his GOP colleagues to pass a bipartisan amendment to protect hundreds of thousands of jobs in communities across the country. Senate Republicans voted down his motion by a vote of 48-51.
As currently written, the GOP spending bill would eliminate many of the clean energy tax credits included in the Inflation Reduction Act (IRA) that have brought a manufacturing boom to communities across the U.S.
“Mr. President, I rise to protect pro-business tax credits that are creating hundreds of thousands of American jobs, many of which don’t require a college degree…” said Senator Warnock. “42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits.”
Senator Warnock has warned his colleagues repeatedly of the risks that repealing clean energy tax credits will have on Americans across the country. In May, Senator Warnock published a report highlighting the impact that the cuts would have on Georgia and its economy. The Senator followed his report with a press conference in Savannah at the Georgia Ports Authority warning of the impact on rural communities and an op-ed in the Atlanta Journal-Constitution. Georgia is the single largest recipient of IRA tax credits in the U.S., with over $28 billion in investment, 42,000 jobs, and 51 projects announced in the state.
The Warnock Amendment would force the Senate to reconsider its current path toward repealing the clean energy tax credits in the GOP spending bill by returning the bill to the Senate Finance Committee for additional consideration.
In recent days, a bipartisan push urging GOP senators to reverse their proposed cuts has swept the country. Last week, Georgia lawmakers sent a letter to Senate Finance Committee Chairman Mike Crapo (R-ID) asking him to reconsider his support for the rollback of solar energy tax credits, writing: “We urge you not to weaken the tax credits, as doing so would only harm the manufacturing renaissance in Georgia while creating opportunities for Chinese companies to take over the solar industry.”
Nationwide analyses show that the “vast majority” of projects announced following the passage of the clean energy tax credits have been investments in Congressional districts currently held by Republicans. This is particularly true in Georgia where 83 percent of the projects, 94 percent of the total investment, and 75 percent of the jobs are in Republican districts. More than 95 percent of the new jobs and investments are in counties where the percentage of people with a bachelor’s degree is below the national average.
Full remarks available below:
Mr. President. I rise to protect pro-business, pro-worker tax credits that are creating hundreds of thousands of American clean energy manufacturing jobs, many of which don’t require a college degree.
Put simply, these tax credits are working: I know firsthand because they’re working right now in Georgia.
Businesses which we’ve invested $1 [federally], we’ve seen [private] investments as much as $4.50.
They’ve helped create 42,000 new manufacturing and construction jobs, many in rural parts of our state that are too often left behind by Washington politicians. Those 42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits.
That’s why North America’s Building Trades Unions called this bill the “biggest job-killing bill in the history of this country.”
I urge my colleagues to vote with America’s workers and vote YES on my Motion to Commit.
SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Brandon Dixon-James, CFP®, has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms to launch Resilient Wealth Management. He reported serving approximately $250 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.
Based in Fresno, Calif., Dixon-James founded Resilient Wealth Management in 2020 with the goal of providing his clients, who are mostly nearing or in retirement, with personalized support and dedicated guidance to help them pursue their fiscal goals. Supported by his team — Director of Client Events and Dixon-James’ wife Nicole James, Operations Associate Edith Corrales and Front Office Representative Amelia Kitchens — Dixon-James takes a holistic approach to wealth management. Through high-touch, high-engagement service, he offers personalized, strategic and empathetic advice tailored to his clients’ individual goals and circumstances.
“Our team seeks to redefine financial relationships by fostering an environment where inclusivity, clarity and dedication promote collaborative growth and help enable financial success,” Dixon-James said. “Just as the name of our firm represents, we believe in walking in lockstep with our clients, helping them navigate financial challenges and surprises and ultimately strengthening their financial well-being and ability to recover from unexpected events.”
Looking for improved technology and the opportunity to provide an elevated client experience, Dixon-James embarked on an extensive due diligence process that led him and his team to LPL.
“Making the move to LPL is an incredible opportunity for me to create the best version of my business,” Dixon-James said. “From LPL’s integrated and streamlined technology to the fact that they are self-clearing, everything LPL offers is with advisors in mind. But what solidified my decision to move to LPL is their commitment to the communities they serve and the fact they offer various Financial Advisor Inclusion programs, like the Black Financial Advisor Community.”
Outside of the office, Dixon-James enjoys spending time with his wife and two children. Together, they are active in their church and enjoy spending time supporting their children’s interests and sports. Dixon-James also shares a passion for giving back to his surrounding community. He’s an active volunteer in Fresno-area underserved communities and regularly offers financial literacy courses to young people. He is a member of Kappa Alpha Psi Fraternity, Inc., and volunteers for the CFP Board Center for Financial Planning.
Scott Posner, LPL Managing Director, Business Development, said, “We welcome Brandon, Nicole, Edith and Amelia to LPL and congratulate them on this next chapter of their business. LPL is committed to delivering innovative technology and comprehensive business solutions to help advisors differentiate their practices and increase value for their clients. We look forward to supporting Resilient Wealth Management for years to come.”
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. Resilient Wealth Management and LPL Financial are separate entities.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
San Francisco, CA, July 01, 2025 (GLOBE NEWSWIRE) — As a globally trusted cloud mining platform, DEAL Mining has officially obtained a Money Services Business (MSB) license issued by FinCEN, marking its full compliance with international financial regulatory standards. In 2025, DEAL Mining also topped the global cloud mining efficiency and security rankings with its investment in green energy, artificial intelligence mining infrastructure, and a strong fund protection system. These two honors highlight DEAL Mining’s commitment to transparency, legal compliance, and providing safe, efficient, and sustainable passive income opportunities for users around the world. Today, DEAL Mining serves more than 9 million users in more than 190 countries. DEAL Mining is redefining the way individuals and institutions participate in the digital asset economy by complying with the law, focusing on environmental sustainability, and long-term profitability.
Multi-currency support and flexible recharge: Supports recharge and withdrawal of more than ten mainstream cryptocurrencies such as BTC, ETH, DOGE, LTC, USDT, USDC, BNB, XRP, SOL, etc.
High-level security protection: Adopts EV SSL encryption, McAfee and Cloudflare dual protection, and fully encrypts user funds and data.
24/7 customer service support: Provides 24-hour manual customer service, fast response, and supports global users to consult and solve problems at any time.
Zero equipment threshold, easy operation: Users do not need to buy mining machines or master professional skills, just register and select contracts to start daily mining income.
Stable passive income, rich contracts: Provides different levels of contract plans, high and stable daily income, suitable for novice and senior investors.
The ideal contract plan for all investors
Mining Plan
Investment ($)
Profit ($)
Contract Days
Daily Profit ($)
M30s++ (BTC)
100
8
2
4.0
A1326-109T (DOGE)
500
30
5
6.0
M60 (BTC)
1000
126
10
12.6
S21 Pro (DOGE)
3500
924
20
46.2
M63S+ (BTC)
6000
2184
26
84.0
S19 XP+ Hyd
10000
4805
31
155.0
S21 XP+ Hyd
15000
8910
36
247.5
For example, taking the S19 XP+ Hyd contract as an example, the investor initially invests $10,000, with a daily interest rate of 1.55%, 31 days (daily income of $155), and the total income after 31 days is $14,805 (10,000 principal return + $4,805 profit). For a complete list of stable income contracts, please visit the company’s official website: https://DEALMining.com
Looking to the future
DEAL Mining will continue to increase investment in green energy, intelligent algorithms and global compliance layout, continue to optimize user experience, lower the threshold for participation, and allow more people to easily and safely participate in the growth of crypto assets. In this digital age full of opportunities and challenges, DEAL Mining is not only a one-stop cloud mining service platform, but also an important bridge between users and crypto wealth. Deal Mining is firmly compliant, innovation-driven, and user-centric, leading a digital income revolution that belongs to the future.
About DEALMining
Founded in 2016 and headquartered in the UK, DEAL Mining is a global leader in smart cloud mining solutions. The platform uses clean energy and AI-driven mining infrastructure to provide users with an efficient and low-threshold way to earn passive income from cryptocurrencies. With industry-grade security, 24/7 customer support and a fully transparent profit model, DEAL Mining continues to empower users around the world to help them mine smarter, profit faster, and accumulate cryptocurrency wealth more safely. For more information, please visit https://DEALmining.com or contact info@DEALmining.com Mobile APP download: https://dealmining.com/xml/index.html#/app
VANCOUVER, Wash., July 01, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced it was added to the Russell 3000 Index® and Russell 2000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 30, 2025.
“Being added to the Russell 2000® Index is an important milestone for Riverview and reflects the strong progress we have made in growing the value of our franchise and increasing shareholder value,” said Nicole Sherman, President and CEO of the Company. “We expect our inclusion in the Russell Indices to generate greater visibility among institutional investors and our commitment to being the best-in-class community bank in the Pacific Northwest.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.
For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
About Riverview
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.51 billion at March 31, 2025, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.
This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2025. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.
About FTSE Russell FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
Contact: Nicole Sherman, President & CEO David Lam, CFO 360-693-6650
AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) — SailPoint, Inc. (Nasdaq: SAIL), a leader in unified identity security for enterprises, today announced it has been added as a member of the broad-market Russell 3000® Index, which became effective after the US markets opened on June 30, 2025, as part of the 2025 Russell indexes reconstitution.
The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for at least one year, also means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell, a global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
“Inclusion in the Russell 3000® Index is a strong validation of the growth and momentum we’ve built at SailPoint,” said Brian Carolan, Chief Financial Officer, SailPoint. “We believe this milestone will enhance our exposure to a broader investor base and support continued shareholder value as we strive to scale our business and advance our leadership in identity security.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell.
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
About SailPoint At SailPoint, we believe enterprise security must start with identity at the foundation. Today’s enterprise runs on a diverse workforce of not just human but also digital identities—and securing them all is critical. Through the lens of identity, SailPoint empowers organizations to seamlessly manage and secure access to applications and data at speed and scale. Our unified, intelligent, and extensible platform delivers identity-first security, helping enterprises defend against dynamic threats while driving productivity and transformation. Trusted by many of the world’s most complex organizations, SailPoint secures the modern enterprise.
About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
Headline: Governor Stein’s Task Force on Child Care and Early Education Release Report Proposing Initial Solutions to Child Care Crisis
Governor Stein’s Task Force on Child Care and Early Education Release Report Proposing Initial Solutions to Child Care Crisis lsaito
Raleigh, NC
Today Governor Josh Stein announced that the North Carolina Task Force on Child Care and Early Education co-chaired by Lieutenant Governor Rachel Hunt and Senator Jim Burgin released its interim report outlining six recommendations to make high-quality child care more accessible, affordable, and sustainable in North Carolina.
“Investing in child care benefits everyone. When children grow up in a supportive and nurturing environment, it sets them on the trajectory to thrive as adults,” said Governor Josh Stein. “We must come together to make child care more accessible and affordable so that we can secure a brighter future for North Carolina’s children.”
“North Carolina families are struggling to find quality child care while centers are closing their doors, making it harder for children to get the education they need and for parents to go to work without worry,” said Lieutenant Governor Rachel Hunt. “This Task Force has brought together industry leaders and community partners to find real solutions. While our work will continue, I believe this report lays out a path forward to make child care more accessible and affordable.”
“Child care is a business issue, a talent issue, and a health issue that must be addressed to maintain our competitiveness and to increase statewide prosperity,” said Commerce Secretary Lee Lilley. “Public-private solutions, like Commerce’s Child Care Business Liaison position, supported by the NC Department of Health and Human Services and Invest Early NC, are a critical piece of this puzzle and increase capacity for identifying collaborative solutions to addressing the multifaceted child care challenges in North Carolina.”
“Child care is the most important issue facing young families. In reality, many families start tackling this issue before conception,” said Senator Jim Burgin. “This task force has looked at all aspects of child care and early education and explored many possible solutions. I am grateful for Lt. Gov. Hunt and the task force as they work to support the well-being of the children of North Carolina. I would also like to thank Gov. Stein for placing importance on this topic.”
North Carolina’s child care system faces significant challenges associated with recruitment and retention of early childhood education professionals, and in turn availability and affordability of care. The average cost of infant care in North Carolina is more expensive than the cost of in-state college tuition. As such, many parents with young children are making difficult decisions to leave the workforce due to lack of care, costing the state over $5.65 billion in additional economic output in 2023.
The interim report outlines findings and six recommendations developed by Task Force members to explore the key factors impacting North Carolina’s child care landscape.
TASK FORCE RECOMMENDATIONS
Set a statewide child care subsidy reimbursement rate floor
Develop approaches to offer non-salary benefits for child care professionals
Explore partnerships with the UNC system, community colleges, and K-12 schools to increase access to child care for public employees and students at public institutions
Explore subsidized or free child care for child care teachers
Link existing workforce compensation and support programs for early childhood professionals
Explore the creation of a child care endowment
A brief summary of each recommendation can be found below.
Set a Statewide Child Care Subsidy Reimbursement Rate Floor
Child care subsidies reimburse child care providers for services they deliver to low-income families, helping low-income parents stay in the workforce, and strengthening our economy. A statewide floor for child care subsidy reimbursement rates would set a minimum subsidy rate in North Carolina, ensuring child care programs across all 100 counties receive a minimum child care subsidy reimbursement to help sustain child care programs that are currently struggling to break even.
Develop Approaches to Offer Non-Salary Benefits for Child Care Professionals
Many child care providers are unable to offer non-salary benefits, such as health insurance or retirement, which makes it challenging to recruit and retain early childhood education professionals. The Task Force will explore whether early childhood professionals could be made eligible for non-salary benefits, such as the North Carolina State Health Plan, or offered other non-salary benefits like paid leave, loan forgiveness, and mental health support.
Explore Partnerships with UNC System, Community Colleges and K-12 School Systems to Increase Access to Child Care for Public Employees and Students
The Task Force will explore options for increasing access to child care for public employees, including supporting subsidized child care for public sector employees. These partnerships could increase access to child care and support training for prospective child care employees by setting up child care centers on school and community college campuses.
Explore Subsidized or Free Child Care for Early Childhood Educators
Child care as an employer benefit is a significant talent recruitment and retention tool across industries and could be particularly valuable to help grow and sustain the child care workforce. The Task Force will explore how child care workers could be made eligible for child care subsidies.
Link Existing Workforce Compensation and Support Programs for Early Childhood Professionals
The Task Force will explore how current workforce training and compensation support programs for early childhood education professionals could be improved by expanding them statewide and linking programs sequentially along a career pathway. North Carolina currently has several programs aimed at improving recruitment and retention, including the Child Care WAGE$ Program, the Teach North Carolina Early Childhood Scholarship Program, the Building Bright Futures program, Child Care Academies, and the Family Child Care Home Pilot Program.
Explore the Creation of a Child Care Endowment
A child care endowment leverages public and/or private dollars to set up an investment fund, the annual interest of which can be used for state child care needs. The Task Force will explore how a child care endowment could help address the current child care crisis in North Carolina by providing an ongoing source of supplemental child care funding for the state and maximizing child care funding through investment from private companies, philanthropy, and communities in partnership with the state.
In coming months, the Task Force will dive deeper into the recommendations outlined in this report, and work groups will examine additional challenges, opportunities, and innovations affecting our state’s child care and early education landscape. The Task Force will also produce an additional report and set of recommendations to submit to Governor Stein by the end of December 2025.
Members of the North Carolina Task Force on Child Care and Early Education include:
Lieutenant Governor Rachel Hunt, State of North Carolina, Co-Chair
Senator Jim Burgin, NC General Assembly, Co-Chair
Senator Jay Chaudhuri, NC General Assembly
Ashton Clemmons, Associate Vice President of P12 Strategy & Policy, University of North Carolina System
Representative Sarah Crawford, NC General Assembly
Amy Cubbage, President, NC Partnership for Children
Senator Ralph Hise, NC General Assembly
Lori Jones-Ruff, Regional Programs Manager, Southwestern Child Development Commission, Inc.
Michelle Logan, Vice President & General Manager of Drug Product, North America, Thermo Fisher
Amar Majmundar, Policy Director, NC Office of State Human Resources
Beth Messersmith, NC Senior Director, Moms Rising
Dr. Mary Olvera, State Director of Teacher Education, Public Services, and Perkins Special Populations, NC Community College System
Ellen Pancoast, Vice President of People Operations, Cone Health
Susan Gale Perry, Chief Executive Officer, Child Care Aware of America
Rhonda Rivers, Chair, NC Child Care Commission
Dan Rockaway, President, NC Licensed Child Care Association
Gary Salamido, President & CEO, NC Chamber
Meka Sales, Director of Special Initiatives, The Duke Endowment
Erica Palmer Smith, Executive Director, NC Child
Theresa Stacker, Executive Director, NC Early Childhood Foundation
Noelle Talley, Deputy Secretary for Advocacy, NC Department of Administration
Dan Tetreault, Assistant Director of Early Learning, NC Department of Public Instruction
Representative David Willis, NC General Assembly
Mary Elizabeth Wilson, Chief of Staff & General Counsel, NC Department of Commerce
Candace Witherspoon, Director, Division of Child Development and Early Education, NC Department of Health and Human Services
Read Governor Stein’s executive order establishing the Task Force on Child Care and Early Education here.
Omer, Israel, July 01, 2025 (GLOBE NEWSWIRE) — Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), was added to the Russell Microcap® Index, effective after the U.S. market opened on June 30 as part of the 2025 Russell indexes reconstitution.
The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
“Inclusion in the Russell Microcap Index highlights the momentum we have built since our Nasdaq listing in February” commented Einav Brenner, CFO. “We believe this recognition enhances our visibility with institutional investors and underscores confidence in our long-term growth strategy. As we scale, we remain focused on delivering innovation, value, and sustained performance for our stakeholders.”
Russell indexes are widely used by investment managers for index funds and as benchmarks for active investment strategies. Russell’s U.S. indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.
About Odysight.AI
Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring.
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas and Hezbollah. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.
PHOENIX, July 01, 2025 (GLOBE NEWSWIRE) — Award-winning real estate technology innovator Lofty today announced the company has been selected as a preferred solution provider in eXP Realty’s new CRM of Choice program. The initiative provides agents day one access to the leading tech platforms in the industry, designed to automate time consuming processes, boost agent productivity and accelerate business growth. A recognized tech innovator, Lofty was chosen for its powerful AI capabilities and proven success in helping other fast-growing brokerages support the entire real estate process — from search to settlement. To learn more about how Lofty can help your brokerage accelerate business growth, visit HERE.
Lofty Wins Company of the Year in Real Estate in 2025 American Business Awards. Read more HERE.
Lofty Named to HousingWire 100 for Sixth Consecutive Year. Read more HERE.
As the most agent-centric brokerage on the planet, eXp Realty is committed to empowering their global community of agents with the cutting-edge tools they need to succeed. Meanwhile, today’s career-oriented, tech savvy agents have come to expect seamless access to an innovative platform, knowing the indisputable value of technology to augment their own hard work. eXp’s bold new CRM of Choice program, unveiled today, makes it even easier to deliver on this expectation and put the power of freedom, flexibility and control directly into the hands of agents. Designed for solo agents or teams, CRM of Choice empowers real estate professionals to select the system that best aligns with their unique workflow, business structure and goals, underpinned by customized onboarding and training and included within the existing monthly tech package.
eXp selected Lofty as a preferred solution provider based on the platform’s robust AI capabilities and forward-thinking approach to product development, confident in the company’s ability to consistently deliver the tools agents need to compete in a modern world. Interested agents can join a deep-dive session on Lofty every Monday and Wednesday at 1 p.m. ET. Learn more HERE.
“We are thrilled to be named a preferred solution provider in eXP Realty’s new CRM of Choice program,” said Brian Hoialmen, Chief Strategy Officer, Lofty. “Built for the way agents work, our AI-powered platform has consistently proven to not only save time and increase efficiencies but serve as a true assistant to agents in their day-to-day work. We look forward to the opportunity to support even more hard-working real estate professionals through this innovative new program.”
Lofty’s Enterprise platform was custom built to support the unique and complex needs of all brokerages and is a lynchpin to recruiting and retaining powerhouse agents. An easy to use and intuitive platform, Lofty boasts a 60%+ agent adoption rate, more than double the industry average, and has proven to convert 48% more leads on average than competitors. Featuring a wide range of AI capabilities to help agents quickly and effectively navigate the platform, build strategic marketing and social media content, promote listings, manage leads and more, Lofty empowers agents to instead focus their valued time on building customer relationships. An award-winning tech innovator, Lofty also delivers new features monthly, ensuring agents feel confident they have access to all the modern tools they need to win.
“Choosing the right CRM is essential to building a scalable real estate business,” said Kendall Bonner, Vice President, Industry Relations and Strategic Partnerships, eXp Realty. “Lofty’s sleek interface and smart automation tools help agents streamline their marketing and manage their pipeline with confidence and clarity.”
To learn more about how Lofty’s unmatched AI capabilities can help your business grow, visit lofty.com/ai/overview.
About Lofty Inc. Lofty Inc. (formerly Chime Technologies) provides an AI-powered platform that helps real estate professionals increase their productivity and accelerate business growth. Featuring award-winning technology, the Lofty platform is designed to optimize every step of the real estate journey, from search to settlement. By leveraging one unified hub, customers can automate marketing programs, streamline the sales process, and maximize collaboration between agents, empowering them to spend more time building relationships and their business. Headquartered in Phoenix, Arizona, Lofty provides proven solutions for brokers, teams, and the enterprise. For more information, visit lofty.com.
About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company”) is the holding company for eXp Realty® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate brokerage in the world, with nearly 81,000 agents across 27 countries. As a cloud-based, agent-centric brokerage, eXp Realty provides real estate agents industry-leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit: expworldholdings.com.
SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long-term success. For more information about SUCCESS, visit success.com.
Safe Harbor Statement The statements contained herein may include statements of future expectations and other forward-looking statements that are based on eXp World Holdings, Inc.’s (the “Company”) management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. These statements include, but are not limited to, expectations regarding the Company’s technology offerings and their availability and value to agents and brokers. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in technology platform offerings and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.