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Category: Commerce

  • MIL-OSI Analysis: Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ movie

    Source: The Conversation – USA – By Stephanie Otts, Director of National Sea Grant Law Center, University of Mississippi

    Filming ‘The Perfect Storm’ in Gloucester Harbor, Mass.
     The Salem News Historic Photograph Collection, Salem State University Archives and Special Collections, CC BY

    Twenty-five years ago, “The Perfect Storm” roared into movie theaters. The disaster flick, starring George Clooney and Mark Wahlberg, was a riveting, fictionalized account of commercial swordfishing in New England and a crew who went down in a violent storm.

    The anniversary of the film’s release, on June 30, 2000, provides an opportunity to reflect on the real-life changes to New England’s commercial fishing industry.

    Fishing was once more open to all

    In the true story behind the movie, six men lost their lives in late October 1991 when the commercial swordfishing vessel Andrea Gail disappeared in a fierce storm in the North Atlantic as it was headed home to Gloucester, Massachusetts.

    At the time, and until very recently, almost all commercial fisheries were open access, meaning there were no restrictions on who could fish.

    There were permit requirements and regulations about where, when and how you could fish, but anyone with the means to purchase a boat and associated permits, gear, bait and fuel could enter the fishery. Eight regional councils established under a 1976 federal law to manage fisheries around the U.S. determined how many fish could be harvested prior to the start of each fishing season.

    Fishing has been an integral part of coastal New England culture since its towns were established. In this 1899 photo, a New England community weighs and packs mackerel.
    Charles Stevenson/Freshwater and Marine Image Bank

    Fishing started when the season opened and continued until the catch limit was reached. In some fisheries, this resulted in a “race to the fish” or a “derby,” where vessels competed aggressively to harvest the available catch in short amounts of time. The limit could be reached in a single day, as happened in the Pacific halibut fishery in the late 1980s.

    By the 1990s, however, open access systems were coming under increased criticism from economists as concerns about overfishing rose.

    The fish catch peaked in New England in 1987 and would remain far above what the fish population could sustain for two more decades. Years of overfishing led to the collapse of fish stocks, including North Atlantic cod in 1992 and Pacific sardine in 2015.

    As populations declined, managers responded by cutting catch limits to allow more fish to survive and reproduce. Fishing seasons were shortened, as it took less time for the fleets to harvest the allowed catch. It became increasingly hard for fishermen to catch enough fish to earn a living.

    Saving fisheries changed the industry

    In the early 2000s, as these economic and environmental challenges grew, fisheries managers started limiting access. Instead of allowing anyone to fish, only vessels or individuals meeting certain eligibility requirements would have the right to fish.

    The most common method of limiting access in the U.S. is through limited entry permits, initially awarded to individuals or vessels based on previous participation or success in the fishery. Another approach is to assign individual harvest quotas or “catch shares” to permit holders, limiting how much each boat can bring in.

    In 2007, Congress amended the 1976 Magnuson-Stevens Fishery Conservation and Management Act to promote the use of limited access programs in U.S. fisheries.

    Ships in the fleet out of New Bedford, Mass.
    Henry Zbyszynski/Flickr, CC BY

    Today, limited access is common, and there are positive signs that the management change is helping achieve the law’s environmental goal of preventing overfishing. Since 2000, the populations of 50 major fishing stocks have been rebuilt, meaning they have recovered to a level that can once again support fishing.

    I’ve been following the changes as a lawyer focused on ocean and coastal issues, and I see much work still to be done.

    Forty fish stocks are currently being managed under rebuilding plans that limit catch to allow the stock to grow, including Atlantic cod, which has struggled to recover due to a complex combination of factors, including climatic changes.

    The lingering effect on communities today

    While many fish stocks have recovered, the effort came at an economic cost to many individual fishermen. The limited-access Northeast groundfish fishery, which includes Atlantic cod, haddock and flounder, shed nearly 800 crew positions between 2007 and 2015.

    The loss of jobs and revenue from fishing impacts individual family income and relationships, strains other businesses in fishing communities, and affects those communities’ overall identity and resilience, as illustrated by a recent economic snapshot of the Alaska seafood industry.

    When original limited-access permit holders leave the business – for economic, personal or other reasons – their permits are either terminated or sold to other eligible permit holders, leading to fewer active vessels in the fleet. As a result, the number of vessels fishing for groundfish has declined from 719 in 2007 to 194 in 2023, meaning fewer jobs.

    A fisherman unloads a portion of his catch for the day of 300 pounds of groundfish, including flounder, in January 2006 in Gloucester, Mass.
    AP Photo/Lisa Poole

    Because of their scarcity, limited-access permits can cost upward of US$500,000, which is often beyond the financial means of a small businesses or a young person seeking to enter the industry. The high prices may also lead retiring fishermen to sell their permits, as opposed to passing them along with the vessels to the next generation.

    These economic forces have significantly altered the fishing industry, leading to more corporate and investor ownership, rather than the family-owned operations that were more common in the Andrea Gail’s time.

    Similar to the experience of small family farms, fishing captains and crews are being pushed into corporate arrangements that reduce their autonomy and revenues.

    Consolidation can threaten the future of entire fleets, as New Bedford, Massachusetts, saw when Blue Harvest Fisheries, backed by a private equity firm, bought up vessels and other assets and then declared bankruptcy a few years later, leaving a smaller fleet and some local business and fishermen unpaid for their work. A company with local connections bought eight vessels from Blue Harvest along with 48 state and federal permits the company held.

    New challenges and unchanging risks

    While there are signs of recovery for New England’s fisheries, challenges continue.

    Warming water temperatures have shifted the distribution of some species, affecting where and when fish are harvested. For example, lobsters have moved north toward Canada. When vessels need to travel farther to find fish, that increases fuel and supply costs and time away from home.

    Fisheries managers will need to continue to adapt to keep New England’s fisheries healthy and productive.

    One thing that, unfortunately, hasn’t changed is the dangerous nature of the occupation. Between 2000 and 2019, 414 fishermen died in 245 disasters.

    Stephanie Otts receives funding from the NOAA National Sea Grant College Program through the U.S. Department of Commerce. Previous support for fisheries management legal research provided by The Nature Conservancy.

    – ref. Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ movie – https://theconversation.com/checking-in-on-new-england-fisheries-25-years-after-the-perfect-storm-movie-255076

    MIL OSI Analysis –

    June 26, 2025

  • MIL-OSI Analysis: Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ movie

    Source: The Conversation – USA – By Stephanie Otts, Director of National Sea Grant Law Center, University of Mississippi

    Filming ‘The Perfect Storm’ in Gloucester Harbor, Mass.
     The Salem News Historic Photograph Collection, Salem State University Archives and Special Collections, CC BY

    Twenty-five years ago, “The Perfect Storm” roared into movie theaters. The disaster flick, starring George Clooney and Mark Wahlberg, was a riveting, fictionalized account of commercial swordfishing in New England and a crew who went down in a violent storm.

    The anniversary of the film’s release, on June 30, 2000, provides an opportunity to reflect on the real-life changes to New England’s commercial fishing industry.

    Fishing was once more open to all

    In the true story behind the movie, six men lost their lives in late October 1991 when the commercial swordfishing vessel Andrea Gail disappeared in a fierce storm in the North Atlantic as it was headed home to Gloucester, Massachusetts.

    At the time, and until very recently, almost all commercial fisheries were open access, meaning there were no restrictions on who could fish.

    There were permit requirements and regulations about where, when and how you could fish, but anyone with the means to purchase a boat and associated permits, gear, bait and fuel could enter the fishery. Eight regional councils established under a 1976 federal law to manage fisheries around the U.S. determined how many fish could be harvested prior to the start of each fishing season.

    Fishing has been an integral part of coastal New England culture since its towns were established. In this 1899 photo, a New England community weighs and packs mackerel.
    Charles Stevenson/Freshwater and Marine Image Bank

    Fishing started when the season opened and continued until the catch limit was reached. In some fisheries, this resulted in a “race to the fish” or a “derby,” where vessels competed aggressively to harvest the available catch in short amounts of time. The limit could be reached in a single day, as happened in the Pacific halibut fishery in the late 1980s.

    By the 1990s, however, open access systems were coming under increased criticism from economists as concerns about overfishing rose.

    The fish catch peaked in New England in 1987 and would remain far above what the fish population could sustain for two more decades. Years of overfishing led to the collapse of fish stocks, including North Atlantic cod in 1992 and Pacific sardine in 2015.

    As populations declined, managers responded by cutting catch limits to allow more fish to survive and reproduce. Fishing seasons were shortened, as it took less time for the fleets to harvest the allowed catch. It became increasingly hard for fishermen to catch enough fish to earn a living.

    Saving fisheries changed the industry

    In the early 2000s, as these economic and environmental challenges grew, fisheries managers started limiting access. Instead of allowing anyone to fish, only vessels or individuals meeting certain eligibility requirements would have the right to fish.

    The most common method of limiting access in the U.S. is through limited entry permits, initially awarded to individuals or vessels based on previous participation or success in the fishery. Another approach is to assign individual harvest quotas or “catch shares” to permit holders, limiting how much each boat can bring in.

    In 2007, Congress amended the 1976 Magnuson-Stevens Fishery Conservation and Management Act to promote the use of limited access programs in U.S. fisheries.

    Ships in the fleet out of New Bedford, Mass.
    Henry Zbyszynski/Flickr, CC BY

    Today, limited access is common, and there are positive signs that the management change is helping achieve the law’s environmental goal of preventing overfishing. Since 2000, the populations of 50 major fishing stocks have been rebuilt, meaning they have recovered to a level that can once again support fishing.

    I’ve been following the changes as a lawyer focused on ocean and coastal issues, and I see much work still to be done.

    Forty fish stocks are currently being managed under rebuilding plans that limit catch to allow the stock to grow, including Atlantic cod, which has struggled to recover due to a complex combination of factors, including climatic changes.

    The lingering effect on communities today

    While many fish stocks have recovered, the effort came at an economic cost to many individual fishermen. The limited-access Northeast groundfish fishery, which includes Atlantic cod, haddock and flounder, shed nearly 800 crew positions between 2007 and 2015.

    The loss of jobs and revenue from fishing impacts individual family income and relationships, strains other businesses in fishing communities, and affects those communities’ overall identity and resilience, as illustrated by a recent economic snapshot of the Alaska seafood industry.

    When original limited-access permit holders leave the business – for economic, personal or other reasons – their permits are either terminated or sold to other eligible permit holders, leading to fewer active vessels in the fleet. As a result, the number of vessels fishing for groundfish has declined from 719 in 2007 to 194 in 2023, meaning fewer jobs.

    A fisherman unloads a portion of his catch for the day of 300 pounds of groundfish, including flounder, in January 2006 in Gloucester, Mass.
    AP Photo/Lisa Poole

    Because of their scarcity, limited-access permits can cost upward of US$500,000, which is often beyond the financial means of a small businesses or a young person seeking to enter the industry. The high prices may also lead retiring fishermen to sell their permits, as opposed to passing them along with the vessels to the next generation.

    These economic forces have significantly altered the fishing industry, leading to more corporate and investor ownership, rather than the family-owned operations that were more common in the Andrea Gail’s time.

    Similar to the experience of small family farms, fishing captains and crews are being pushed into corporate arrangements that reduce their autonomy and revenues.

    Consolidation can threaten the future of entire fleets, as New Bedford, Massachusetts, saw when Blue Harvest Fisheries, backed by a private equity firm, bought up vessels and other assets and then declared bankruptcy a few years later, leaving a smaller fleet and some local business and fishermen unpaid for their work. A company with local connections bought eight vessels from Blue Harvest along with 48 state and federal permits the company held.

    New challenges and unchanging risks

    While there are signs of recovery for New England’s fisheries, challenges continue.

    Warming water temperatures have shifted the distribution of some species, affecting where and when fish are harvested. For example, lobsters have moved north toward Canada. When vessels need to travel farther to find fish, that increases fuel and supply costs and time away from home.

    Fisheries managers will need to continue to adapt to keep New England’s fisheries healthy and productive.

    One thing that, unfortunately, hasn’t changed is the dangerous nature of the occupation. Between 2000 and 2019, 414 fishermen died in 245 disasters.

    Stephanie Otts receives funding from the NOAA National Sea Grant College Program through the U.S. Department of Commerce. Previous support for fisheries management legal research provided by The Nature Conservancy.

    – ref. Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ movie – https://theconversation.com/checking-in-on-new-england-fisheries-25-years-after-the-perfect-storm-movie-255076

    MIL OSI Analysis –

    June 26, 2025

  • MIL-OSI Russia: Potential for the development of Russian business education: a meeting with representatives of the VkusVill company was held at the State University of Management

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    On June 25, 2025, an introductory meeting of the university management with representatives of the VkusVill Joint Stock Company was held at the State University of Management.

    During the meeting, the founder and co-owner of the Vkusvill retail chain Andrey Krivenko briefly spoke about the company’s history and its main principles, cooperation with Roskachestvo and clients among medium-sized businesses, which today is about 500-600 companies. The guest expressed interest in cooperation with universities in the field of business education.

    Rector of the State University of Management Vladimir Stroyev expressed a reciprocal interest and spoke about the history of the business school at our university, in particular about the Business Games Center, which operated in the 1980s, about the outstanding economists Dmitry Lvov, Georgy Kleiner and Sergey Glazyev, who always focused on the domestic economy in their work.

    “Unfortunately, many universities of the new era that were engaged in business education were oriented towards the West. GUU was always against such a scheme, although it established strong partnerships. For example, we had a Russian-Dutch faculty for a long time. But we never worked for the brain drain,” the rector said.

    Vice-Rector Dmitry Bryukhanov also recalled that it was at our university that the first Russian textbook on business management was written. Dmitry Yuryevich spoke about the foreign internships that the State University of Management offers to graduates of the presidential management training program, and expressed interest in opening a master’s program taking into account the VkusVill methodology.

    The parties exchanged contacts and agreed to define working groups to specify areas of potential cooperation in the development of Russian business education. After which the guests were given an introductory tour of the SUM territory.

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

    MIL OSI Russia News –

    June 26, 2025

  • MIL-OSI: 100x Leverage, No KYC, $50 Welcome Bonus & Double Deposit Bonus to Empower Crypto Futures Traders on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 25, 2025 (GLOBE NEWSWIRE) — As Bitcoin surged from $74,500 to break the $100,000 threshold, many analysts agree that a new crypto bull market has officially begun. In this environment, savvy investors are increasingly turning to high-leverage futures trading as a way to maximize returns with minimal capital.

    BexBack is embracing this shift by doubling down on its trader-first strategy, launching a powerful set of promotional incentives: a 100% deposit bonus, a $50 welcome bonus for new users, and up to 100x leverage across 50+ leading cryptocurrencies. Most importantly, the platform offers trading with no KYC required, making it accessible to users who were previously limited by verification or leverage restrictions.These tools are designed to help traders fully capitalize on the momentum of the bull market — with more flexibility, more power, and fewer barriers.

    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 $60,000 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 $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (available after making a deposit of at least 100 USDT or 0.001 BTC and completing one trade within one week of registration), giving you the edge to become a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com 

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this 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.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c0223ee4-737c-4b4f-88f7-9f72063af478

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a2e4ab99-1079-4724-a52f-c1db21281b6c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d83ffba-0994-4484-bc30-fa69c71291fd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f95db9bb-6016-4ad8-b93b-803f54339c99

    The MIL Network –

    June 26, 2025

  • MIL-OSI United Kingdom: Climate Innovation Forum 2025: keynote speech by Ed Miliband

    Source: United Kingdom – Executive Government & Departments 2

    Speech

    Climate Innovation Forum 2025: keynote speech by Ed Miliband

    Secretary of State for Energy Security and Net Zero, Ed Miliband, speaks at the Climate Innovation Forum during London Climate Action Week.

    Thank you, Mark so much for that introduction. 

    And I want to thank Climate Action for hosting us here. 

    And I’m really excited to be part of London Climate Action Week this year – this is the biggest yet.  

    700 events. 

    Nearly 50,000 attendees. 

    Governments, cities, civil society, businesses, investors and trade unions from all around the world, particularly those from overseas you are so welcome to be here.  

    And the Climate Innovation Forum, I’m told is the headline event of the week – the Superbowl of LCAW – and I’m delighted to follow the star-studded cast of speakers you’ve heard from this morning. 

    And I know you have many more ahead of you this afternoon, which I think makes me the half-time show – they tried for Beyonce but they couldn’t get her so they ended up with me. 

    The argument I want to make today is this: 

    First, in the UK we are doubling down on climate action because it is the right choice for today’s generations as well as those of the future. 

    Climate action is how we protect our way of life and make people better off today with energy security, lower bills, good jobs and economic growth.   

    Second, despite the challenges, we should be determined not defeatist about the future.  

    Many countries are acting on this crisis because they recognise the opportunities it presents, as well as the gravity of the threat. 

    Third, to keep making progress on the road to COP30 and beyond we need to build the global coalition for climate action. 

    That means the actions and voices of the people in this room – the people delivering this transition – really really matter.  

    This is a fight for the future involving civil society, trade unions, businesses, and the public at large. 

    And we intend to win it. 

    So first, just to say something about the UK, the starting point for our government here is our mission to make Britain a clean energy superpower by delivering clean power, a clean energy system, by 2030 and accelerating to net zero across the economy.  

    Our Prime Minister Sir Keir Starmer says this mission is in our government’s DNA. 

    And why does he say that? 

    Because we know the urgency of the threat to our way of life. 

    In the last decade we’ve had the 10 hottest years on record globally. 

    We should be clear what this means here and around the world: 

    Floods, heatwaves, droughts, and wildfires. 

    Over the last week in this country, we’ve seen much hotter weather than was normal a few decades ago as many of you will have experienced.  

    Communities across the UK are already facing the consequences of flooding, including last year.  

    And we have seen thousands of heat-related deaths in recent summers. 

    So the urgency of the climate imperative is clearer than ever. 

    But that urgency is not the only reason to act. 

    It has now been matched by the urgency of an energy security and bills imperative. 

    Here in the UK, family finances, business finances and the public finances were hit after Russia invaded Ukraine and fossil fuel prices rocketed. And we’ve seen in recent weeks that instability globally breeds instability in the energy markets here at home.  

    So ours as a government is a hard-headed determination to get off the rollercoaster of fossil fuel markets with cheaper, clean, homegrown energy that we control. This is an essential part of the argument to make for climate action and energy security that’s not just true for Britain, it’s true for many countries around the world.  

    And that’s not the only argument you can make.  

    There is also a once in a generation opportunity to create a new generation of good, well-paid jobs with strong trade unions and give existing industries a long-term future. 

    And in the UK if you’ll allow me again, it is an incredibly exciting time – we recently had our Spending Review which set spending budgets for the coming three years. Our Chancellor Rachel Reeves showed her commitment with the most significant investment in homegrown clean energy in the UK’s history. 

    We’ve got the biggest nuclear building programme in a generation. 

    With Sizewell C on the Suffolk coast. 

    Small Modular Reactors with Rolls Royce. 

    On the site of an old coal-fired power station, a new prototype nuclear fusion plant at West Burton in Nottinghamshire.   

    Britain’s carbon capture industry, I know there’ll be people here from the carbon capture industry, in Scotland and Humberside, alongside Teesside and the North West. 

    A new regional hydrogen network for transport, storage, industry and power.  

    Our new publicly owned energy company Great British Energy supporting clean energy supply chains from offshore wind to cable manufacturing.  

    A Warm Homes Plan upgrading millions of homes across Britain – delivering jobs as we cut bills and emissions. 

    And investing in tree planting, peatlands and nature recovery across our countryside and towns. 

    And the reason I say this is that this is relevant not just to the UK but also to people here from other parts of the world.  

    Place by place. 

    Town by town. 

    City by city. 

    This is the sound of the jobs of the future arriving. 

    This is how we as a government intend to win the argument for the clean energy revolution. 

    And together with you we will make it happen. 

    The second point I want to make is that, while our ambition is to lead at home it is also in our national interest to lead globally. 

    The UK is less than 1% of annual emissions. 

    But for this government, this is not an excuse for inaction but an imperative to work with other countries.  

    The UK passed the world leading Climate Change Act in 2008 when I was last Energy Secretary and now nearly 60 countries across the world have similar legislation. 

    That is the power, I believe, of example.  

    And I say to everyone in this room it’s time, if I can say this gently, to talk about the progress we have made together as a world as well as how far we have to travel. 

    Of course, we should be deeply alarmed about the scale of the climate crisis. 

    And we must acknowledge that we are way off track from where we need to be as a world. 

    But we should not be defeatist because look at the progress we have already made. 

    And the reason I say this, and I’ll talk about the progress in a minute, is because the challenge we face is no longer just responding to people who deny the problem of the climate crisis or the people wanting to delay action, but also those who say:  

    “There’s no point in acting because people have been talking about this for decades and nothing ever seems to change.” 

    We have a duty to explain the reasons for hope not despair. 

    And let me just give you some examples of why I think we can do that. Ahead of the Paris Agreement in 2015, the projections were for up to 4 degrees of warming. Actually, in 2010, up to 5 degrees.  

    Today, these estimates are no longer credible because the world has moved. 

    In 2015 when the Paris Agreement was negotiated no major economy had a net zero target, now 80% of global GDP is covered by net zero commitments. 

    At the time of Paris the majority of energy investment was in fossil fuels, last year over $2 trillion was invested in clean energy – twice as much as fossil fuels.  

    That is the progress we have made. 

    And I say this very directly, if we don’t talk about that progress, nobody else is going to – we have a duty to do so. 

    But we know how much further we have to travel. So as a country, the UK is determined to lead with the power of example again.  

    COP30 is now less than five months away and we haven’t got a moment to waste.  

    Every organisation represented in this room has a role to play. 

    Governments in providing direction and leadership. 

    Businesses in driving action in the real economy. 

    Investors in helping unlock the finance we need. 

    Trade unions and civil society in holding us all to account. And that’s a really important role.  

    A whole economy effort. 

    Working together across borders. 

    Global North and Global South. 

    And I pledge the UK will play our part. 

    That is why the Prime Minister announced an ambitious, 1.5 aligned NDC of 81% reductions by 2035 at COP29 last year. 

    That is why we are helping to scale climate finance, including through our Global Clean Power Alliance. 

    And today here at the Guildhall I can announce another step forward. 

    We will take the next steps on implementing our manifesto commitment on mandatory 1.5 degrees-aligned transition plans for major companies and financial institutions.  

    Today we are launching consultations on how transition planning and sustainability reporting can ensure public and private investors drive our country and the world towards climate and clean energy. For those of you who don’t work in this space, this is incredibly important. If we can get private finance driving in the right direction, not just in the UK, across the world including the Global South, we can make a real difference.  

    And I believe, speaking from the City of London, it is time to mobilise the City of London, secure its place, which it already has, as the sustainable finance capital of the world and drive private investment into clean energy. 

    The right thing for Britain and the right thing to do for the world. 

    Let me just end with this: 

    We obviously live in uncertain and unstable times. 

    All of us in this room are very aware of the challenge to the agenda we are talking about today. 

    But I want to end by saying to everyone here today, every one of whom can make a difference, we don’t just have a choice we have a duty to choose hope over despair. 

    There are many people in our country and our world who see the climate and nature crisis affecting their lives but have no power in their hands to make a difference. All of us in this building have the power in our different ways to make a difference.  

    Pessimism is a luxury we cannot afford.  

    To despair, to step back, to lose confidence would be to let down the people who depend on us—today and in future generations. 

    Despair and defeatism will not create a single job or protect a single person from the effects of the climate crisis. 

    And turning our back on action would not only be a betrayal of future generations but today’s generations too. 

    Now there are those in Britain who would turn their backs on the opportunities of the clean energy transition and what it can do for energy security, good jobs and doing the right thing by future generations. 

    The UK government, I pledge to you, will face down these defenders of a failed status quo in our country and merchants of misinformation. 

    And the way we will do this is show how together we can ensure better lives for people today and protect future generations. 

    Governments, civil society, businesses, trade unions. 

    This is the coalition, all of you, that gives me the greatest cause for hope about the future. 

    I thank you so much for being in London. And I look forward to working with you in the months and years ahead to do great things for our country and great things for the world. 

    Thank you so much.

    Updates to this page

    Published 25 June 2025

    MIL OSI United Kingdom –

    June 26, 2025

  • MIL-OSI Asia-Pac: FS joins Summer Davos opening

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan today attended the opening ceremony of the World Economic Forum Annual Meeting of the New Champions 2025 and a discussion session as he wrapped up his Tianjin visit and proceeded to Beijing in the evening.

    In the morning, Premier Li Qiang attended the opening ceremony of the annual meeting, also known as the Summer Davos, and delivered a speech.

    In addition to attending the opening ceremony, Mr Chan participated in a discussion session in the afternoon titled “Is the Asian Century at Risk?”.

    The discussion focused on how Asia could address local development and external challenges amid the current geopolitical tensions, trade barriers and technological transformation.

    Other regional leaders in attendance included Prime Minister of Vietnam Pham Minh Chinh, Deputy Chairperson of Indonesia’s Gerindra Party Rahayu Saraswati Djojohadikusumo and Minister of Industry & Entrepreneurship Development of Sri Lanka Sunil Handunneththi.

    During the session, Mr Chan remarked that the Asian region is developing rapidly, with Hong Kong benefitting from its unique position under “one country, two systems”.

    He highlighted Hong Kong’s dual advantages of priority access to the Mainland market and its connectivity to the global economy, serving as a gateway between the Mainland and the world.

    As an international financial centre, Hong Kong facilitates efficient two-way capital flows and cross-border financial co-operation within Asia and between Asia and other regions, in addition to actively supporting Mainland enterprises in expanding internationally and building global industry chains and supply chains.

    In response to questions, Mr Chan emphasised that since the implementation of the Hong Kong National Security Law, the city has provided a more stable and secure business environment that allows society to focus on economic development, adding that international investors are showing confidence in Hong Kong with their capital and actions.

    Mr Chan further noted that Hong Kong’s openness, diversity and international outlook under “two systems”, along with its common law system, remain key advantages in attracting international businesses and talent.

    The Financial Secretary also briefed World Economic Forum Chairman ad interim Peter Brabeck-Letmathe on Hong Kong’s latest economic developments, including progress in the financial and innovation and technology (I&T) sectors.

    They also explored opportunities to strengthen co-operation in technological innovation and personnel exchanges.

    During his time in Tianjin, Mr Chan also participated in a thematic session hosted by Hong Kong Exchanges & Clearing, where he shared how Hong Kong provides a full range of fundraising options to provide financial support to the accelerated development of I&T enterprises.

    The finance chief also attended an exchange session between technology enterprises from Tianjin and Hong Kong organised by Hong Kong Science & Technology Parks Corporation as well as a gathering hosted by the Hong Kong Chamber of Commerce in Tianjin.

    After concluding his Tianjin visit, Mr Chan proceeded to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank.

    MIL OSI Asia Pacific News –

    June 26, 2025

  • MIL-OSI: POET Wins AI Hardware Innovation Award in 2025 AI Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced that it has been selected as the winner of the “AI Hardware Innovation Award” in the 8th annual AI Breakthrough Awards. The awards program recognized POET Teralight™, the Company’s ultra-high-performance line of optical engines that power AI and hyperscale data-center connectivity. It is the second consecutive year that the AI Breakthrough Awards has recognized POET for its groundbreaking, commercially available technology. This is the sixth notable award the Company has won in the past 12 months.

    POET Teralight™ features a highly integrated chip-scale design that is produced entirely at wafer level. The complete optical system-on-chip consists of a 1.6T transmit optical engine and a 1.6T receive optical engine, each approximately 12×12 mm in size. Without wire bonds, Teralight’s chip-scale architecture delivers unparalleled low signal-to-noise ratios and high energy efficiency. Unlike conventional design and development team efforts, with POET’s optical engines, a single design team can build both 1.6T DR8 and 2xFR4 pluggable modules using the identical board design and manufacturing process.

    The Teralight transmit optical engine incorporates 2x200G EML lasers from Mitsubishi Electric, enabling a 1.6T engine with only four laser chips instead of the conventional 8-laser alternative. The transmit engines also include a DC-coupled EML driver that is flip-chip attached to the POET Optical Interposer™. The integrated high-speed electrical traces and optical waveguides on the optical interposer platform enable enhanced performance by minimizing crosstalk and maximizing coupling efficiency. Those features and the overall elegance of the optical interposer-based design were key factors that convinced AI Breakthrough’s jury of industry leaders to select Teralight as this year’s top AI Hardware Innovation.

    “We introduced Teralight at the OFC Conference in April knowing it would create substantial customer interest because of the cost reduction and simplified module design. Our product demos have shown impressive results and have led to multiple new customer engagements. We are working with major companies to make Teralight an essential component in their transceiver module designs,” said Dr. Suresh Venkatesan, Chairman and CEO of POET. “This latest recognition by AI Breakthrough is an important validation of our technology and the innovations we continue to bring to the marketplace. Teralight’s elegant architecture makes it ready to accommodate future generations of compute devices, particularly those that drive AI connectivity.”

    This year’s AI Breakthrough Awards program attracted more than 5,000 nominations from over 20 countries, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. POET’s recognition in such a crowded field punctuates the enormity of its victory in such a competitive category.

    “I congratulate POET on being our pick for the ‘AI Hardware Innovation Award.’ Teralight puts POET at the forefront of optical-engine design and breaks through the crowded transceiver space because of its size, scalability, ease of adoption, functionality, value and performance,” said Steve Johansson, managing director, AI Breakthrough.

    The AI Breakthrough Awards are conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market. The awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in, Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    About AI Breakthrough

    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including the Teralight product line, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, including the Teralight product line, financing activities, future growth, recruitment of personnel, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, the failure of the Teralight product line to perform as anticipated, a lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

    June 26, 2025

  • MIL-OSI: POET Wins AI Hardware Innovation Award in 2025 AI Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced that it has been selected as the winner of the “AI Hardware Innovation Award” in the 8th annual AI Breakthrough Awards. The awards program recognized POET Teralight™, the Company’s ultra-high-performance line of optical engines that power AI and hyperscale data-center connectivity. It is the second consecutive year that the AI Breakthrough Awards has recognized POET for its groundbreaking, commercially available technology. This is the sixth notable award the Company has won in the past 12 months.

    POET Teralight™ features a highly integrated chip-scale design that is produced entirely at wafer level. The complete optical system-on-chip consists of a 1.6T transmit optical engine and a 1.6T receive optical engine, each approximately 12×12 mm in size. Without wire bonds, Teralight’s chip-scale architecture delivers unparalleled low signal-to-noise ratios and high energy efficiency. Unlike conventional design and development team efforts, with POET’s optical engines, a single design team can build both 1.6T DR8 and 2xFR4 pluggable modules using the identical board design and manufacturing process.

    The Teralight transmit optical engine incorporates 2x200G EML lasers from Mitsubishi Electric, enabling a 1.6T engine with only four laser chips instead of the conventional 8-laser alternative. The transmit engines also include a DC-coupled EML driver that is flip-chip attached to the POET Optical Interposer™. The integrated high-speed electrical traces and optical waveguides on the optical interposer platform enable enhanced performance by minimizing crosstalk and maximizing coupling efficiency. Those features and the overall elegance of the optical interposer-based design were key factors that convinced AI Breakthrough’s jury of industry leaders to select Teralight as this year’s top AI Hardware Innovation.

    “We introduced Teralight at the OFC Conference in April knowing it would create substantial customer interest because of the cost reduction and simplified module design. Our product demos have shown impressive results and have led to multiple new customer engagements. We are working with major companies to make Teralight an essential component in their transceiver module designs,” said Dr. Suresh Venkatesan, Chairman and CEO of POET. “This latest recognition by AI Breakthrough is an important validation of our technology and the innovations we continue to bring to the marketplace. Teralight’s elegant architecture makes it ready to accommodate future generations of compute devices, particularly those that drive AI connectivity.”

    This year’s AI Breakthrough Awards program attracted more than 5,000 nominations from over 20 countries, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. POET’s recognition in such a crowded field punctuates the enormity of its victory in such a competitive category.

    “I congratulate POET on being our pick for the ‘AI Hardware Innovation Award.’ Teralight puts POET at the forefront of optical-engine design and breaks through the crowded transceiver space because of its size, scalability, ease of adoption, functionality, value and performance,” said Steve Johansson, managing director, AI Breakthrough.

    The AI Breakthrough Awards are conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market. The awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in, Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    About AI Breakthrough

    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including the Teralight product line, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, including the Teralight product line, financing activities, future growth, recruitment of personnel, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, the failure of the Teralight product line to perform as anticipated, a lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

    June 26, 2025

  • MIL-OSI Economics: Samsung Unveils 2025 Bespoke AI Appliances in India; Debuts Innovative Bespoke AI Laundry Combo

    Source: Samsung

    From L – R: Ghufran Alam, Vice President, Digital Appliances Business, Samsung India ; John S.W. Park, Corporate Vice President, Digital Appliance Business, Samsung India; & JB Park, President & CEO, Samsung Southwest Asia.
     
    Samsung, India’s largest consumer electronics brand, today introduced its 2025 Bespoke AI appliance lineup, built on four distinct consumer benefits: Easy, Care, Save and Secure to enrich and simplify your lives with AI. These experiences are powered by Samsung’s new AI Home screen interface, Bixby voice assistant with two-way natural communication, Samsung Knox security, and seamless SmartThings connectivity, delivering hyper-personalised, energy-efficient, and secure smart home solutions for modern Indian households.
    At the heart of the new lineup is the Bespoke AI Laundry Combo, a category-defining innovation that sets a new standard for convenience and intelligent automation in home laundry care.
     
    The 2025 range expands Samsung’s AI Home ecosystem across key appliances such as refrigerators, air conditioners, and washing machines. With intuitive touchscreen displays, upgraded voice intelligence, and inclusive accessibility features, the line-up offers a truly connected, easy-to-use, and secure smart home experience for all. The AI Home screen sits at the center of this innovation – a smart display and interaction hub that transforms home management. Built into select appliances, AI Home enables real-time appliance insights, control over connected appliances, entertainment, and even family communication – all from a single interface. With its user-friendly design, AI Home makes it easier than ever to unlock the full potential of Samsung’s Bespoke AI appliances.
     
    The upgraded Bixby voice assistant enhances control through voice commands and introduces new capabilities like Voice ID[1], which recognizes individual users and switches to their Samsung accounts for a personalized experience. Additionally, new SmartThings services like Family Care enhance home safety by sending alerts to family members in unusual situations such as when no activity has been detected at a scheduled time, offering peace of mind and proactive care.
     
    To bring its AI Home vision for 2025 to life, Samsung is focused on delivering a trusted, intelligent, and future-ready experience for users. A key part of this commitment is the integration of enhanced Samsung Knox security across a wide line-up, giving users the confidence to enjoy their AI-powered connected homes with complete peace of mind.
     
    Another major priority is future-proofing appliances. With Smart Forward, Samsung’s software update service via SmartThings, users can continue to receive the latest features and performance upgrades on their existing devices without needing to buy new ones.
     
    The Bespoke AI line-up is driven by four key values that directly benefit consumers: Easy, Save, Care, and Secure.
     

    Easy: Bespoke AI appliances now simplify your tasks by using AI and seamless connectivity to automate daily chores via AI Home, Bixby, and SmartThings. For example, AI Home enables automated routines, remote control, and real-time monitoring. Bixby allows users to ask detailed questions about appliances and control them using natural, two-way voice commands, without the need for a nearby phone or speaker.
    Save: Bespoke AI appliances are engineered to help consumers save energy and time. AI Energy Mode helps manage power consumption. AI Vision Inside in refrigerators tracks food items and expiry dates, suggesting recipes to avoid waste. AI Wash features on the Bespoke AI Laundry Combo and Top Load washers optimize cycles based on soil levels and load types, saving valuable time and water.
    Care: Bixby assists with appliance care and maintenance alerts, while SmartThings notifies users of any motion, smoke, or leaks detected through its’ connected 3rd party devices. Bespoke AI ensures peace of mind with features such as inactivity alerts at a loved one’s home, helping families feel reassured from afar.
    Secure: Samsung Knox ensures multi-layered protection with a visualized dashboard across appliances and smartphones. Five Samsung products including the Bespoke AI Family Hub and Bespoke AI Laundry Combo have been verified to level ‘Diamond’ from UL Solutions’ IoT Security Ratings.

     
    “We are proud to bring the 2025 Bespoke AI digital appliances line-up to India, where innovation meets intention. These are not just smart appliances; they are intuitive companions built for Indian homes. Whether it is a child exploring the refrigerator via AI Vision Inside, a working couple managing laundry remotely, or an elderly user interacting with the appliance, we have designed every touchpoint to be personal, seamless and secure. With a strong focus on the four core values: Easy, Save, Care, and Secure, our vision is to deliver interconnected AI appliances that seamlessly integrate into the household reflecting a forward-thinking approach to innovation that is quickly becoming a reality,” said JB Park, President & CEO, Samsung Southwest Asia
     
    “With the 2025 range, we are offering appliances that understand lifestyles, protect personal data, and deliver real-world convenience with AI Home. Whether it’s through AI Vision Inside, Knox-powered security, or inclusive design, our new line-up is a powerful step towards homes that are truly smart, safe, and human-centric. We are confident our Bespoke AI appliances will revolutionize modern Indian households so that consumers ca experience the comfort of seamless smart home living,” said Ghufran Alam, Vice President, Digital Appliances Business, Samsung India.

    The 2025 Bespoke AI Home Appliance Line up

    Bespoke AI Laundry Combo All-in-One: The Bespoke AI Laundry Combo is a space-saving, ultra-capacity all-in-one appliance that seamlessly combines washing and drying in a single unit. It eliminates the hassle of transferring clothes between machines, allowing users to save time and prevent odours from lingering after wash cycles. Powered by AI Wash & Dry[2], the Bespoke AI Laundry Combo senses laundry weight, fabric type, and soil levels[3], automatically adjusting water, detergent, wash time, and drying conditions for each load. This ensures optimal cleaning performance and personalized laundry experience without the guesswork.

     
    The Bespoke AI Laundry Combo features advanced heat pump drying technology that gently and efficiently dries clothes at lower temperatures by recycling warm air. The heat pump system optimizes heat transfer and reduces drying time by up to 60%[4] and energy consumption by up to 75%[5], while reducing shrinkage and fabric damage. With the Super Speed cycle, users can wash and dry a load in just 98 minutes.
     
    Its 7-inch AI Home LCD display provides an intuitive interface for cycle selection, monitoring, and control, delivering personalized suggestions based on usage patterns and seasonal habits. The display also shows energy and water consumption reports and offers a full view of connected appliances at home via Map View. The Bespoke AI Laundry Combo is also verified to level ‘Diamond’ from UL Solutions, highlighting Samsung’s industry-leading device security.
     
    The Bespoke AI Laundry Combo comes with upgraded Bixby, which understands complex, conversational voice commands. Additionally, the Flex Auto Dispense System is able to store detergent for up to 32 loads[6], while the Auto Open Door automatically releases humid air after a cycle ends to prevent damp smells and enhance freshness.
     

    Bespoke AI Refrigerator with AI Home: The new Bespoke AI Refrigerator is equipped with AI Vision Inside, which can recognize up to 37 fresh food items, allowing users to remotely view the interior, track expiry dates, and receive smart recipe suggestions. It can also recognize up to 50 pre-saved processed food items, largely expanding the variety of items it can manage. The new refrigerator comes with a 9-inch AI Home Display, which serves as a personalized dashboard for notes, schedules, entertainment, and full appliance control, transforming the refrigerator into the central hub of the smart kitchen. Featuring an Auto Open Door for effortless access, it is designed for convenience and better organisation. It also provides easy hands-free control by just using your voice to control settings, select functions or ask questions through Bixby. The refrigerator also includes access to SmartThings Energy which can help monitor your energy consumption in real-time

     

    The Bespoke AI Double Door Refrigerator line-up features improved smart capabilities with AI Energy Mode, SmartThings Home Care and Wi-Fi connectivity, designed to offer remote access, intelligent energy savings and real-time maintenance updates via the SmartThings app. This range delivers comprehensive cooling tailored to meet consumer needs, such as longer freshness with Twin Cooling Plus technology, everyday flexibility with Convertible 5-in-1 Modes, and enhanced hygiene with Active Fresh Filter+ eliminating up to 99.99% of harmful bacteria.

     

    Bespoke AI WindFree Air Conditioner: The Bespoke AI WindFree Air Conditioner offers Customized Cooling, AI Fast & Comfort Cooling, and Quick Remote, making temperature control effortless and intuitive. With AI Energy Mode, the system intelligently adjusts compressor speed based on room temperature and consumers’ usage patterns, helping reduce energy consumption by up to 30%[7]. The WindFree technology delivers comfortable cooling through 23,000 micro-holes without cold drafts, ensuring consistent, gentle airflow without direct blasts of air, while the AI engine learns usage behavior to continuously enhance efficiency and comfort.

     

    Bespoke AI Top Load Washer: Equipped with AI Wash[8], these machines intelligently detect the fabric type and weight to automatically recommend the optimal settings for each load. Leveraging an advanced AI algorithm, the cycle adjusts key parameters—such as water level, agitation intensity, and wash and rinse duration—delivering up to 25% more fabric care[9]. Building on this technology, features like Ecobubble, Hygiene Steam & Stain Wash (with inbuilt heater), Super Speed, AI Energy Mode, and SmartThings integration, AI VRT+ further enhance the laundry experience.

     
    Smarter, Safer, More Inclusive Living
    The 2025 Bespoke AI digital appliances range is a testament to inclusive, human-centric design. With universal design at its core, the line-up ensures technology adapts to users—not the other way around. Features like the expanded Auto Open Door function across key appliances, accessible control panels, screen readers, enlarged fonts, and Bixby’s Voice ID support make operation easier for users with limited mobility or visual impairments. Built-in microphones and voice-based alerts further enable a seamless, easy to use experience.
     
    Price & Availability
    Samsung’s 2025 Bespoke AI appliance range is now available across leading online and offline retail channels, including Samsung Exclusive Stores, Samsung.com as well as major e-commerce platforms.
     
    The Bespoke AI Laundry Combo is priced at INR 319000, offering all-in-one washing and drying convenience with smart automation. The Bespoke AI WindFree Air Conditioner starts at INR 36000, while the Bespoke AI Double Door Refrigerator is available from INR 44000 onwards. For those seeking smart laundry solutions, the Bespoke AI Top Load Washer starts at INR 24500 for the 8kg model. The Bespoke AI French Door Refrigerator with integrated AI Home display will be available from July onwards.
     
     
    [1] Each user must register for a Samsung Account on screen appliances in advance. Voice ID should be registered either on the refrigerator, or Galaxy mobile devices and then transferred to the refrigerator. (Limited to Galaxy S24 and subsequent models where Voice ID can be registered.)
    [2] AI Wash & Dry’s detection and sensing capabilities are based on our deep learning models trained using predefined set of data and may yield inaccurate or incorrect results. New datasets may be introduced to our learning models from time to time to enhance its accuracy
    [3] A turbidity sensor operates for all weights, while fabric sensing operates for 8lbs and under. Actual results may vary depending on individual use. To prevent wear, wash like fabrics together.
    [4] Based on internal testing of the cycle time when drying an IEC 3kg load with Cotton cycle. Results: BESPOKE AI Laundry Combo model with a heat pump (WD21B6400KV) = 78 minutes vs. WD21B6400KV/** combo model with a condenser  = 202 minutes, which is a reduction of 60%. Individual results may vary based on actual load contents.
    [5] Based on internal testing and verified by KATRI (Korea Apparel Testing Research Institute) of the cycle energy consumption when drying an IEC 3kg load with Cotton cycle.
    Results: BESPOKE AI Laundry Combo model with a heat pump (WD21B6400KV) = 0.8kWh vs.  WD21B6400KV/** combo model with a condenser = 3.6kWh, which is a reduction of 75%. Individual results may vary based on actual load contents.
    [6] Expected number of loads: Detergent compartment can hold general detergent for up to 17 loads. Flex compartment can hold one of the following: softener for up to 19 loads, general detergent for up to 15 loads or specialty detergent for up to 36 loads.
    [7] The testing was conducted in Samsung’s 132m² residential environment laboratory at a temperature of 35°C/24°C (dry bulb/wet bulb, KS C 9306: air conditioner). Results provided to and interpreted by Intertek, comparing the power consumption between AI Energy mode on and off in AI Comfort mode on the AR07D9181HZN model. Actual savings may vary by usage patterns and environment and the set temperature may increase by up to 2 degrees. Requires the use of the SmartThings App and a Samsung account.
    [8] Fabric sensing uses an AI algorithm to sense 3 fabric types (Normal, Delicates, Towels) for loads up to 3kg. Mixed fabrics may reduce detection accuracy. Actual results may vary depending on individual use. To prevent wear, wash like fabrics together.
    [9] Based on internal testing with WA80F/24, using IEC 3kg load, comparing a normal cycle. Results may vary depending on the actual usage conditions.

    MIL OSI Economics –

    June 26, 2025

  • MIL-OSI Economics: Surface Copilot+ PCs: Built for teaching, learning and security

    Source: Microsoft

    Headline: Surface Copilot+ PCs: Built for teaching, learning and security

    Educators today are navigating more than ever. They are supporting diverse student needs, integrating new technologies and managing complex IT and security demands, all while keeping students engaged and prepared for a rapidly changing world.

    Now with the rise of AI, the expectations are even higher. School leaders and educators are being asked to define how AI will be used in classrooms to support learning, improve operations and promote equity. That journey starts with the right devices.

    Microsoft Surface Copilot+ PCs bring together the best of Microsoft—hardware, software and AI—to help schools rise to this challenge. Informed by educator feedback and powered by Microsoft Copilot and a built-in Neural Processing Unit (NPU), Surface enables intelligent experiences that run securely on the device or in the cloud, all managed seamlessly by IT.

    What we heard from the classroom, reflected in the devices

    Educators told us they need tools that feel natural to use while offering the latest capabilities. They need devices that are trusted, reliable and easy-to-manage, with experiences that support every student. That input shaped the design of Surface Copilot+ PCs, including the new Surface Pro 12-inch and Surface Laptop 13-inch.

    • Security and trust, built into every Surface device
      We are making security our top priority at Microsoft, above all else—over all other features. Students, families, educators and institutions trust Microsoft to power learning and protect data. Surface devices build on that trust with enterprise-grade security, simplified management through Microsoft Intune, and deep integration with Microsoft Entra and Purview to help schools control access, safeguard sensitive information and govern AI responsibly as classroom needs evolve. Together, these tools help defend your school’s devices and data while putting the security, privacy and compliance needs of students, educators and school districts at the center.
    • Device experiences that support natural learning
      Students learn best when they can interact with content in ways that feel intuitive. Surface Pro supports digital inking with Slim Pen,i voice input with Studio Mics and natural language interaction with Copilotii. These features help students express themselves and stay engaged in their own way.
    • Reliable and adaptable for the school day
      Educators need devices that are fast, durable and ready for a full day of learning. Surface Copilot+ PCs are built to last and easy to repairiii. Their lightweight designs and all-day battery life make them easy to carry and use across classrooms, libraries, labs and home.
    • Inclusive and collaborative by design
      Learning is both personal and social. Surface Copilot+ PCs work seamlessly with Microsoft 365 to support collaboration through Microsoft Teams, OneNote and other familiar tools. Built-in accessibility features, along with the Surface Adaptive Kit and Microsoft Adaptive Accessories, help students personalize their experience and stay connected in any learning environment.
    • Ready for the tools schools already use
      Surface Copilot+ PCs are built to support the full range of learning needs by delivering the performance and experience required for the education tools students and educators depend on every day. Common apps like TestNav for assessments, Google Classroom for assignments, Minecraft Education for STEM, Adobe Express for creativity, and assistive technologies like JAWS are ready to use on Surface devices powered by Snapdragon X Series and Intel Core Ultra (Series 2) processors.

    Trusted by educators, evolving with their needs

    Around the world, schools that have long relied on Surface are continuing to invest in new devices that support the future of learning. Their experiences reflect many of the same priorities we heard during the development of Surface Copilot+ PCs: performance, reliability, flexibility and the ability to unlock the potential of AI in the classroom. These schools continue to choose Surface devices not just because of the technology itself, but because they trust them to evolve alongside their needs.

    At Royal Grammar School Newcastle in the United Kingdom, Surface is already deeply embedded in teaching and learning. Now the school is exploring how Copilot+ PCs can further enhance collaboration and student engagement through on-device AI.

    “We wouldn’t be doing our duty if we weren’t incorporating 21st century technology into our curriculum. Educators are going to have to spend a time considering the choice of device and the applications used to harness the power of AI and the possibilities to support our student’s learning. The use of the Surface device in the classroom has totally changed the dynamics.”

    — Sarah Buist, Head of Digital Strategy, Royal Grammar School Newcastle

    In Japan, the Aichi Prefectural Board of Education has deployed Surface Pro devices across more than 200 high schools. Teachers have praised the fast-processing speed and large touchscreens, which make daily tasks like digital grading more intuitive and efficient. Combined with Microsoft 365 Copilot, they are also seeing meaningful time savings in their everyday work.

    “The new Surface is easy to use with its fast-processing speed. The large screen allows simple operation by touch, making it straight-forward for digital grading. Grading previously took an hour by hand, but now it only takes about 40 minutes.”
    — Haruhiko Goto, Chief Coordinator of Super Science High School, Aichi Prefecture Ichinomiya High School

    Security and management that’s built for education IT

    Surface leads the Windows ecosystem in security innovation. Designed and built by Microsoft, Surface helps schools protect student data, simplify IT management and reduce risk at every layer of the device—from silicon to cloud.

    • Security that starts at the core
      Surface Copilot+ PCs are Secured-core PCs with Microsoft Pluton built in. Pluton is a Microsoft-designed security chip integrated directly into the processor. It protects sensitive data like passwords and sign-ins, even if a device is lost or stolen. Updates are delivered automatically through Windows Update, so schools always have the latest protections without extra tools or effort.
    • Management designed for education
      With tools like Device Firmware Configuration Interface (DFCI) and Surface Enterprise Management Mode (SEMM), IT administrators can remotely control settings such as disabling cameras, USB ports and Bluetooth—even before the operating system loads. QR codes etched directly onto Surface Laptop and Surface Pro devices provide instant access to serial numbers, making asset tracking, deployment and servicing faster and more accurate without manual entry.
    • Surface is secure by design and secure by default
      Every Surface device comes with Windows 11 Pro security features enabled right out of the box, which minimizes setup time and reduces risk. Firmware, drivers and OS updates are delivered through a single trusted channel, Windows Update. This unified approach simplifies management, reduces the number of tools IT teams need to support and helps schools respond to threats more quickly while staying focused on teaching and learning.

    AI that works for the classroom

    Transforming the classroom with on-device AI, powered by the NPU

    Surface Copilot+ PCs are built to meet the needs of today’s classrooms and support future AI innovations that will continue to shape teaching and learning. These experiences run locally on the device using a dedicated Neural Processing Unit (NPU), which allows them to operate quickly, securely and without relying on the internet. This unlocks new ways for students and educators to enhance instruction, simplify daily tasks and create more inclusive classroom experiences.

    These are just a few ways Surface Copilot+ PCs bring AI to life in the classroom, with each experience powered by the NPU and with more innovations to come.

    • Microsoft Learning Zone: AI that empowers every educator
      Designed for education, Microsoft Learning Zoneiv is a free, AI-powered app coming to Copilot+ PCs, available in public preview later this year. It uses local AI processing to create personalized lessons, adapt content from trusted sources like OpenStax, generate interactive games with Kahoot and track student progress—saving time and making the classroom experience more flexible and engaging.
    • Click to Do (preview): Personalized support at your fingertips
      Click to Dov enables students to highlight text or images and instantly receive contextual help—such as summarizing a paragraph or explaining a graph. Activated with the Windows key and a click, this AI-powered feature runs entirely on-device, using the NPU to deliver support that is fast, secure and always available when they need it.
    • Accessibility features: Inclusive by design and powered by AI
      Surface Copilot+ PCs include built-in tools that help more students participate fully in learning. Voice Accessvi now offers greater flexibility and a more natural way to navigate using speech, improving on earlier voice interaction tools with faster response times and support for conversational commands. Live Captionsvii provide real-time subtitles and translations for spoken content. Both are powered by the NPU to deliver instant performance across multiple languages, supporting more inclusive and accessible classrooms.

    Read the blog to see how Microsoft Learning Zone and other AI features from Microsoft are transforming the classroom experience.

    Ready for what’s next

    With Windows 10 support ending on Oct. 14, 2025, now is the time to modernize your school’s device fleet with Windows 11. The new 13-inch Surface Laptop and 12-inch Surface Pro for Business, part of the Surface Copilot+ PC portfolio, will be available to education institutions starting July 22. These devices are secure by design and default with built-in security to help protect against evolving cyberthreats and include new silicon capable of 40+ TOPS (trillions of operations per second). Copilot+ PCs offer all-day battery life to support learning anywhere, powerful performance for multitasking and content creation, and AI experiences tailored specifically for education.viii

    Learn more about how to get ahead of Windows 10 end of support and take the next steps.

    These new devices expand the Surface Copilot+ PC portfolio and give schools flexible options to match the right device to every role. Whether you are empowering IT teams, supporting educators or enabling students to learn in more personalized and accessible ways, there is a Surface Copilot+ PC to fit your needs.

    If you are attending ISTELive 25 in San Antonio, be sure to visit the Microsoft booth starting June 29 to experience Surface Copilot+ PCs in action, connect with education experts and explore how Microsoft is helping shape the future of learning.

    Visit Surface.com/Business to learn more and request a quote for your school or district through an authorized reseller.

    Students, parents and educators can explore the new Surface Pro 12-inch and Surface Laptop 13-inch at the Microsoft Store, where they can also save up to 10% on select Surface devices and moreix.

    End Notes

    i Sold separately

    ii Minimum age limits may apply to use of Copilot and certain AI features. Details

    iii Replacement components available through online Microsoft Store and iFixIt for out-of-warranty repair. Components can be replaced by individuals with the knowledge and experience to repair electronic devices following Microsoft’s Service Guide. Microsoft tools (sold separately) may also be required. Availability of replacement components and service options may vary by product, market and over time. See Self-repair information for your Surface device – Microsoft Support. Opening and/or repairing a device can present electric shock, device damage, fire and personal injury risk, and other hazards. Use caution if undertaking self-service repairs. Unless required by law, damage caused during repair is not covered under Microsoft’s Limited Hardware Warranty or protection plans.

    iv Microsoft Learning Zone is available with a Copilot+ PC and Microsoft Education license (A1, A3, A5). Initial availability will be English only.

    v Click to Do (preview) available image and text actions may vary by device, region, language and character set. Subscription required for some actions. Click to Do coming to the European Economic Area later in 2025. See aka.ms/copilotpluspcs

    vi Voice Access with flexible commands available now on Copilot+ PCs with Snapdragon X Series processor. Supports multiple languages, some features only available in English. See what’s new in Voice Access.

    vii Translation for video and audio subtitles into English from 40+ languages and from 27 languages into Chinese (Simplified). See aka.ms/copilotpluspcs

    viii Battery life varies significantly based on usage, network and feature configuration, signal strength, settings and other factors. See aka.ms/SurfaceBatteryPerformance for details.

    ix Microsoft Store Education discount is available to K-12 and higher education students, faculty and parents. Education discount only valid on select products, and may not be combinable with other offers. See terms and conditions at Education & Student Discounts on Laptops, Microsoft 365, Windows, Surface | Microsoft Store

    MIL OSI Economics –

    June 26, 2025

  • MIL-OSI: Capital reduction by cancellation of treasury shares

    Source: GlobeNewswire (MIL-OSI)

    At the annual general meeting of Alm. Brand A/S held on 10 April 2025, the shareholders resolved to reduce the company’s share capital by a nominal amount of DKK 88,140,000, from DKK 1,541,140,000 nominal value to DKK 1,453,000,000 nominal value, by cancellation of a part of the company’s holdings of treasury shares, corresponding to a reduction in share capital of 5.7%.

    Alm. Brand A/S has registered the capital reduction with the Danish Business Authority, effective as of June 25 2025. The cancelled treasury shares with a nominal value of DKK 88,140,000 are expected to be removed from trading on Nasdaq Copenhagen in the coming days.

    Referring to section 32 of Danish Consolidated Act no. 198 of 26 February 2024 on capital markets, Alm. Brand A/S’s total share capital as at today’s date amounts to DKK 1,453,000,000 nominal value, equivalent to 1,453,000,000 shares with a nominal value of DKK 1 each and 1,453,000,000 voting rights.

    Referring to section 31 of Danish Consolidated Act no. 198 of 26 February 2024 on capital markets, we hereby announce that, after the cancellation of treasury shares, Alm. Brand A/S holds 21,345,696 treasury shares, equivalent to 1.5% of the company’s nominal share capital.

    Contact

    Please direct any questions regarding this announcement to:

    Head of Investor Relations & ESG
    Mads Thinggaard
    Mobile no. +45 2025 5469

    Attachment

    • AS 46 2025 – Capital reduction by cancellation of treasury shares

    The MIL Network –

    June 26, 2025

  • MIL-OSI Global: Why power skills – formerly known as ‘soft skills’ – are the key to business success

    Source: The Conversation – USA – By Sandra Sjoberg, Vice President and Dean, Academic Programs, Western Governors University School of Business

    What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.

    Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.

    Back then, I was working for a multinational home goods company, and I was asked to play a role in closing a U.S. factory in the Midwest and moving its operations abroad. It was, by every business metric, the right economic decision. Without it, the company couldn’t stay competitive. Still, the move was fraught with emotional and ethical complexities.

    Witnessing the toll on employees who lost their jobs, and the broader effects on their community, changed how I thought about business decision-making. I saw that technical skills alone aren’t enough. Effective leadership also requires emotional intelligence, ethical reasoning and human-centered thinking.

    That experience was a turning point, leading me to higher education. I wanted to fulfill a greater purpose by equipping future business leaders with critical human-centric skills. And to do that, I needed to learn more about these skills – why they matter, how they shape outcomes, and how we can teach them more effectively.

    Often called “soft skills” or “people skills,” these are also, more appropriately, referred to as “power skills” or “durable skills.” And they aren’t just nice to have. As my own experience shows and as research confirms, they are central to success in today’s business world.

    Power skills: Underappreciated, yet in demand

    Research on power skills dates back to at least 1918, when the Carnegie Foundation published A Study of Engineering Education. That report concluded that 85% of engineering professionals’ success came from having well-developed people skills, and only 15% was attributed to “hard skills.” These early findings helped shape our understanding of the value of nontechnical skills and traits.

    Today, employers arguably value these skills more than ever. But while demand for these skills is growing across industries, there’s not enough supply. For example, nearly 7 in 10 U.S. employers plan to prioritize hiring candidates with “soft” or “power” skills, according to LinkedIn’s most recent Global Talent Trends report.

    Yet 65% of employers cite soft skills as the top gap among new graduates, according to Coursera’s 2025 Micro-Credentials Impact Report. New hires are struggling in the areas of communication, active listening, resilience and adaptability, the survey found.

    Power skills are transferable across roles, projects and industries, which makes them especially valuable to hiring managers. And research continues to show that these skills drive innovation, strengthen team dynamics and help organizations navigate uncertainty — key reasons why employers prioritize them.

    Three power skills to prioritize

    So what does it look like to lead with power skills? Here are three key areas that have shaped my own journey — and that I now help others develop:

    Adaptability: Adaptability goes beyond simply accepting change. It’s the ability to think, feel and act effectively when the situation changes – which, in today’s business environment, is all the time.

    Consider a company expanding into a new international market. To succeed, it must invest in cultural research, adapt its operations to regional norms and align with local regulations – demonstrating adaptability at both strategic and operational levels.

    That’s why adaptability is one of the most in-demand skills among employers, according to a recent LinkedIn study. Adaptable workforces are better equipped to respond to shifting demands. And with the rise of artificial intelligence and rapid tech disruption, organizations need agile, resilient employees more than ever.

    Empathy: As I learned firsthand during my time in the corporate world, empathy – or the ability to understand and respond to the feelings, perspectives and needs of others – is essential.

    Empathy not only fosters trust and respect, but it also helps leaders make decisions that balance organizational goals with human needs. More broadly, empathetic leaders create inclusive environments and build stronger relationships.

    At Western Governors University, we have an entire course titled “Empathy and Inclusive Collaboration,” which teaches skills in active listening, creating culturally safe environments and cultivating an inclusive mindset.

    Inclusivity: Effective communication and teamwork consistently rank high as essential workforce skills. This is because organizations that excel in communication and collaboration are more likely to innovate, adapt to change and make informed decisions.

    While managing a global transition, I saw how hard and necessary it was to listen across cultural lines, to foster collaboration across borders and departments. When teams collaborate well, they bring diverse perspectives that can foster creativity and efficiency. The ability to communicate openly and work together is crucial for navigating complex problems and driving organizational success.

    The business landscape is evolving rapidly, and technical expertise alone is no longer enough to drive success. Power skills like adaptability, empathy and inclusivity are crucial, as both research and my own experiences have taught me. By prioritizing power skills, educators and businesses can better prepare leaders to navigate complexity, lead with purpose and thrive in a constantly changing world.

    Sandra Sjoberg is affiliated with Western Governors University.
    Sandra Sjoberg is a member of the industry association, American Marketing Association.
    Sandra Sjoberg was a former employee at Amerock, a division of Newell Rubbermaid that, while not mentioned directly in the article, is the basis for the corporate experience shared in the article.

    – ref. Why power skills – formerly known as ‘soft skills’ – are the key to business success – https://theconversation.com/why-power-skills-formerly-known-as-soft-skills-are-the-key-to-business-success-257310

    MIL OSI – Global Reports –

    June 26, 2025

  • MIL-OSI Global: Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ hit movie theaters

    Source: The Conversation – USA – By Stephanie Otts, Director of National Sea Grant Law Center, University of Mississippi

    Filming ‘The Perfect Storm’ in Gloucester Harbor, Mass.
     The Salem News Historic Photograph Collection, Salem State University Archives and Special Collections, CC BY

    Twenty-five years ago, “The Perfect Storm” roared into movie theaters. The disaster flick, starring George Clooney and Mark Wahlberg, was a riveting, fictionalized account of commercial swordfishing in New England and a crew who went down in a violent storm.

    The anniversary of the film’s release, on June 30, 2000, provides an opportunity to reflect on the real-life changes to New England’s commercial fishing industry.

    Fishing was once more open to all

    In the true story behind the movie, six men lost their lives in late October 1991 when the commercial swordfishing vessel Andrea Gail disappeared in a fierce storm in the North Atlantic as it was headed home to Gloucester, Massachusetts.

    At the time, and until very recently, almost all commercial fisheries were open access, meaning there were no restrictions on who could fish.

    There were permit requirements and regulations about where, when and how you could fish, but anyone with the means to purchase a boat and associated permits, gear, bait and fuel could enter the fishery. Eight regional councils established under a 1976 federal law to manage fisheries around the U.S. determined how many fish could be harvested prior to the start of each fishing season.

    Fishing has been an integral part of coastal New England culture since its towns were established. In this 1899 photo, a New England community weighs and packs mackerel.
    Charles Stevenson/Freshwater and Marine Image Bank

    Fishing started when the season opened and continued until the catch limit was reached. In some fisheries, this resulted in a “race to the fish” or a “derby,” where vessels competed aggressively to harvest the available catch in short amounts of time. The limit could be reached in a single day, as happened in the Pacific halibut fishery in the late 1980s.

    By the 1990s, however, open access systems were coming under increased criticism from economists as concerns about overfishing rose.

    The fish catch peaked in New England in 1987 and would remain far above what the fish population could sustain for two more decades. Years of overfishing led to the collapse of fish stocks, including North Atlantic cod in 1992 and Pacific sardine in 2015.

    As populations declined, managers responded by cutting catch limits to allow more fish to survive and reproduce. Fishing seasons were shortened, as it took less time for the fleets to harvest the allowed catch. It became increasingly hard for fishermen to catch enough fish to earn a living.

    Saving fisheries changed the industry

    In the early 2000s, as these economic and environmental challenges grew, fisheries managers started limiting access. Instead of allowing anyone to fish, only vessels or individuals meeting certain eligibility requirements would have the right to fish.

    The most common method of limiting access in the U.S. is through limited entry permits, initially awarded to individuals or vessels based on previous participation or success in the fishery. Another approach is to assign individual harvest quotas or “catch shares” to permit holders, limiting how much each boat can bring in.

    In 2007, Congress amended the 1976 Magnuson-Stevens Fishery Conservation and Management Act to promote the use of limited access programs in U.S. fisheries.

    Ships in the fleet out of New Bedford, Mass.
    Henry Zbyszynski/Flickr, CC BY

    Today, limited access is common, and there are positive signs that the management change is helping achieve the law’s environmental goal of preventing overfishing. Since 2000, the populations of 50 major fishing stocks have been rebuilt, meaning they have recovered to a level that can once again support fishing.

    I’ve been following the changes as a lawyer focused on ocean and coastal issues, and I see much work still to be done.

    Forty fish stocks are currently being managed under rebuilding plans that limit catch to allow the stock to grow, including Atlantic cod, which has struggled to recover due to a complex combination of factors, including climatic changes.

    The lingering effect on communities today

    While many fish stocks have recovered, the effort came at an economic cost to many individual fishermen. The limited-access Northeast groundfish fishery, which includes Atlantic cod, haddock and flounder, shed nearly 800 crew positions between 2007 and 2015.

    The loss of jobs and revenue from fishing impacts individual family income and relationships, strains other businesses in fishing communities, and affects those communities’ overall identity and resilience, as illustrated by a recent economic snapshot of the Alaska seafood industry.

    When original limited-access permit holders leave the business – for economic, personal or other reasons – their permits are either terminated or sold to other eligible permit holders, leading to fewer active vessels in the fleet. As a result, the number of vessels fishing for groundfish has declined from 719 in 2007 to 194 in 2023, meaning fewer jobs.

    A fisherman unloads a portion of his catch for the day of 300 pounds of groundfish, including flounder, in January 2006 in Gloucester, Mass.
    AP Photo/Lisa Poole

    Because of their scarcity, limited-access permits can cost upward of US$500,000, which is often beyond the financial means of a small businesses or a young person seeking to enter the industry. The high prices may also lead retiring fishermen to sell their permits, as opposed to passing them along with the vessels to the next generation.

    These economic forces have significantly altered the fishing industry, leading to more corporate and investor ownership, rather than the family-owned operations that were more common in the Andrea Gail’s time.

    Similar to the experience of small family farms, fishing captains and crews are being pushed into corporate arrangements that reduce their autonomy and revenues.

    Consolidation can threaten the future of entire fleets, as New Bedford, Massachusetts, saw when Blue Harvest Fisheries, backed by a private equity firm, bought up vessels and other assets and then declared bankruptcy a few years later, leaving a smaller fleet and some local business and fishermen unpaid for their work. A company with local connections bought eight vessels from Blue Harvest along with 48 state and federal permits the company held.

    New challenges and unchanging risks

    While there are signs of recovery for New England’s fisheries, challenges continue.

    Warming water temperatures have shifted the distribution of some species, affecting where and when fish are harvested. For example, lobsters have moved north toward Canada. When vessels need to travel farther to find fish, that increases fuel and supply costs and time away from home.

    Fisheries managers will need to continue to adapt to keep New England’s fisheries healthy and productive.

    One thing that, unfortunately, hasn’t changed is the dangerous nature of the occupation. Between 2000 and 2019, 414 fishermen died in 245 disasters.

    Stephanie Otts receives funding from the NOAA National Sea Grant College Program through the U.S. Department of Commerce. Previous support for fisheries management legal research provided by The Nature Conservancy.

    – ref. Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ hit movie theaters – https://theconversation.com/checking-in-on-new-england-fisheries-25-years-after-the-perfect-storm-hit-movie-theaters-255076

    MIL OSI – Global Reports –

    June 26, 2025

  • MIL-OSI Global: Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

    Source: The Conversation – USA – By William Akoto, Assistant Professor of Global Security, American University

    Cutting off China’s access to advanced U.S. chips is likely to motivate Chinese cyber espionage. kritsapong jieantaratip/iStock via Getty Images

    The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this will also protect U.S. intellectual property from theft.

    The idea that decoupling will help stem state-sponsored cyber-economic espionage has become a key justification for these measures. For instance, then-U.S. Trade Representative Katherine Tai framed the continuation of China-specific tariffs as serving the “statutory goal to stop [China’s] harmful … cyber intrusions and cyber theft.” Early tariff rounds during the first Trump administration were likewise framed as forcing Beijing to confront “deeply entrenched” theft of U.S. intellectual property.

    This push to “onshore” key industries is driven by very real concerns. By some estimates, theft of U.S. trade secrets, often through hacking – costs the American economy hundreds of billions of dollars per year. In that light, decoupling is a defensive economic shield – a way to keep vital technology out of an adversary’s reach.

    But will decoupling and cutting trade ties truly make America’s innovations safer from prying eyes? I’m a political scientist who studies state-sponsored cyber espionage, and my research suggests that the answer is a definitive no. Indeed, it might actually have the opposite effect.

    To understand why, it helps to look at what really drives state-sponsored hacking.

    Rivalry, not reliance

    Intuitively, you might think a country is most tempted to steal secrets from a nation it depends on. For example, if Country A must import jet engines or microchips from Country B, Country A might try to hack Country B’s companies to copy that technology and become self-sufficient. This is the industrial dependence theory of cyber theft.

    There is some truth to this motive. If your economy needs what another country produces, stealing that know-how can boost your own industries and reduce reliance. However, in a recent study, I show that a more powerful predictor of cyber espionage is industrial similarity. Countries with overlapping advanced industries such as aerospace, electronics or pharmaceuticals are the ones most likely to target each other with cyberattacks.

    Why would having similar industries spur more spying? The reason is competition. If two nations both specialize in cutting-edge sectors, each has a lot to gain by stealing the other’s innovations.

    If you’re a tech powerhouse, you have valuable secrets worth stealing, and you have the capability and motivation to steal others’ secrets. In essence, simply trading with a rival isn’t the core issue. Rather, it’s the underlying technological rivalry that fuels espionage.

    For example, a cyberattack in 2012 targeted SolarWorld, a U.S. solar panel manufacturer, and the perpetrators stole the company’s trade secrets. Chinese solar companies then developed competing products based on the stolen designs, costing SolarWorld millions in lost revenue. This is a classic example of industrial similarity at work. China was building its own solar industry, so it hacked a U.S. rival to leapfrog in technology.

    China has made major investments in its cyber-espionage capabilities.

    Boosting trade barriers can fan the flames

    Crucially, cutting trade ties doesn’t remove this rivalry. If anything, decoupling might intensify it. When the U.S. and China exchange tariff blows or cut off tech transfers, it doesn’t make China give up – it likely pushes Chinese intelligence agencies to work even harder to steal what they can’t buy.

    This dynamic isn’t unique to China. Any country that suddenly loses access to an important technology may turn to espionage as Plan B.

    History provides examples. When South Africa was isolated by sanctions in the 1980s, it covertly obtained nuclear weapons technology. Similarly, when Israel faced arms embargoes in the 1960s, it engaged in clandestine efforts to get military technology. Isolation can breed desperation, and hacking is a low-cost, high-reward tool for the desperate.

    If decoupling won’t end cyber espionage, what will?

    There’s no easy fix for state-sponsored hacking as long as countries remain locked in high-tech competition. However, there are steps that can mitigate the damage and perhaps dial down the frequency of these attacks.

    One is investing in cyber defense. Just as a homeowner adds locks and alarms after a burglary, companies and governments should continually strengthen their cyber defenses. Assuming that espionage attempts are likely to happen is key. Advanced network monitoring, employee training against phishing, and robust encryption can make it much harder for hackers to succeed, even if they keep trying.

    Another is building resilience and redundancy. If you know that some secrets might get stolen, plan for it. Businesses can shorten product development cycles and innovate faster so that even if a rival copies today’s tech, you’re already moving on to the next generation. Staying ahead of thieves is a form of defense, too.

    Ultimately, rather than viewing tariffs and export bans as silver bullets against espionage, U.S. leaders and industry might be safer focusing on resilience and stress-testing cybersecurity firms. Make it harder for adversaries to steal secrets, and less rewarding even if they do.

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

    – ref. Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows – https://theconversation.com/blocking-exports-and-raising-tariffs-is-a-bad-defense-against-industrial-cyber-espionage-study-shows-258243

    MIL OSI – Global Reports –

    June 26, 2025

  • MIL-OSI: Bazaarvoice launches the new Intelligent Trust Mark for authentic ratings and reviews

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 25, 2025 (GLOBE NEWSWIRE) — Bazaarvoice, Inc., the leading platform for full-funnel authentic user-generated content (UGC) and social commerce solutions, today released the Intelligent Trust Mark, an updated, smarter version of the original Trust Mark, launched in 2013. The Intelligent Trust Mark, a visual indicator of review authenticity, has been modernized for today’s threats facing brand authenticity, including AI-generated content, fake reviews, and deceptive practices. 

    “As AI-generated content and misinformation continue to pervade the internet, shoppers today are more discerning and less trusting than ever,” said Ananda Chakravarty, VP Research, Retail at IDC. “Consumers are actively looking for reassurance that what they see is real, making trust signals and content verification key parts of the shopping experience. Brands who adopt trust marks will be paid back with customer loyalty, conversions, and engagement.”

    According to Bazaarvoice research, 75% of consumers report they are concerned about fake reviews, as fewer than a third (31%) are confident in their ability to differentiate if a product or service review was written by an AI or an actual human being. That’s where the Intelligent Trust Mark fits in. When asked if they would have confidence in a ‘trust signal’ that shows that if an independent third party verified each rating and review, 73% said they’d trust it. That trust drives purchase intent, as 81% of consumers said they would be more likely to ‘purchase from a website that has review content badged with a trust mark than a website that does not.’

    Along with a new design, the improved Intelligent Trust Mark:

    • Signals stronger protection, including the new shield design and full Bazaarvoice name, based on Bazaarvoice’s research findings around consumers’ trust in third-party validation.
    • Evaluates both hosted and syndicated reviews, offering a more comprehensive view of authentic content. This means consumers can feel confident that all reviews within a product display page (PDP) meet Bazaarvoice’s authenticity standards, not just those submitted directly on the site.
    • Is available to clients across more than 100 million qualifying PDPs supported by Bazaarvoice at launch.
    • Automatically detects and dynamically displays on brand and retailer PDPs to streamline Intelligent Trust Mark enablement, eliminating the need for manual review, saving time, and ensuring faster and more consistent application.
    • Builds on Bazaarvoice’s robust fraud detection capabilities bolstered by the breadth of our unparalleled retail network that supports 2.3 billion shopping sessions per month, allowing for faster pattern recognition and continuous optimization across the entire UGC ecosystem. 

    “The Intelligent Trust Mark isn’t just about protecting consumer trust – it also safeguards businesses and the future of e-commerce itself,” said Marissa Jones, SVP of Product at Bazaarvoice. “When bad actors use AI to create and spread fake content, it is then ingested by large language models and search engines and served back to consumers. The Intelligent Trust Mark combats this misinformation loop by giving brands a powerful, visible signal that their UGC is real and reliable.”

    To learn more about Bazaarvoice’s work on Authenticity and the Intelligent Trust Mark, visit https://www.bazaarvoice.com/Authenticity/ 

    About Bazaarvoice
    Bazaarvoice is reshaping how brands and retailers connect with consumers by putting the authentic consumer voice first. With an end-to-end, commerce-empowered omni-channel content solutions and analytics platform, Bazaarvoice helps 14,000+ brands and retailers inform consumer decisions consistently and at scale at every stage of the shopper journey, on every platform where shoppers live. 2.5B shoppers use the Bazaarvoice Network on a monthly basis.

    Founded in 2005, Bazaarvoice is headquartered in Austin, Texas, with offices in North America, Europe, Australia, and India. For more information, visit www.bazaarvoice.com

    Media Contact
    Lauren Venticinque
    Lauren.venticinque@bazaarvoice.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI: Bazaarvoice launches the new Intelligent Trust Mark for authentic ratings and reviews

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 25, 2025 (GLOBE NEWSWIRE) — Bazaarvoice, Inc., the leading platform for full-funnel authentic user-generated content (UGC) and social commerce solutions, today released the Intelligent Trust Mark, an updated, smarter version of the original Trust Mark, launched in 2013. The Intelligent Trust Mark, a visual indicator of review authenticity, has been modernized for today’s threats facing brand authenticity, including AI-generated content, fake reviews, and deceptive practices. 

    “As AI-generated content and misinformation continue to pervade the internet, shoppers today are more discerning and less trusting than ever,” said Ananda Chakravarty, VP Research, Retail at IDC. “Consumers are actively looking for reassurance that what they see is real, making trust signals and content verification key parts of the shopping experience. Brands who adopt trust marks will be paid back with customer loyalty, conversions, and engagement.”

    According to Bazaarvoice research, 75% of consumers report they are concerned about fake reviews, as fewer than a third (31%) are confident in their ability to differentiate if a product or service review was written by an AI or an actual human being. That’s where the Intelligent Trust Mark fits in. When asked if they would have confidence in a ‘trust signal’ that shows that if an independent third party verified each rating and review, 73% said they’d trust it. That trust drives purchase intent, as 81% of consumers said they would be more likely to ‘purchase from a website that has review content badged with a trust mark than a website that does not.’

    Along with a new design, the improved Intelligent Trust Mark:

    • Signals stronger protection, including the new shield design and full Bazaarvoice name, based on Bazaarvoice’s research findings around consumers’ trust in third-party validation.
    • Evaluates both hosted and syndicated reviews, offering a more comprehensive view of authentic content. This means consumers can feel confident that all reviews within a product display page (PDP) meet Bazaarvoice’s authenticity standards, not just those submitted directly on the site.
    • Is available to clients across more than 100 million qualifying PDPs supported by Bazaarvoice at launch.
    • Automatically detects and dynamically displays on brand and retailer PDPs to streamline Intelligent Trust Mark enablement, eliminating the need for manual review, saving time, and ensuring faster and more consistent application.
    • Builds on Bazaarvoice’s robust fraud detection capabilities bolstered by the breadth of our unparalleled retail network that supports 2.3 billion shopping sessions per month, allowing for faster pattern recognition and continuous optimization across the entire UGC ecosystem. 

    “The Intelligent Trust Mark isn’t just about protecting consumer trust – it also safeguards businesses and the future of e-commerce itself,” said Marissa Jones, SVP of Product at Bazaarvoice. “When bad actors use AI to create and spread fake content, it is then ingested by large language models and search engines and served back to consumers. The Intelligent Trust Mark combats this misinformation loop by giving brands a powerful, visible signal that their UGC is real and reliable.”

    To learn more about Bazaarvoice’s work on Authenticity and the Intelligent Trust Mark, visit https://www.bazaarvoice.com/Authenticity/ 

    About Bazaarvoice
    Bazaarvoice is reshaping how brands and retailers connect with consumers by putting the authentic consumer voice first. With an end-to-end, commerce-empowered omni-channel content solutions and analytics platform, Bazaarvoice helps 14,000+ brands and retailers inform consumer decisions consistently and at scale at every stage of the shopper journey, on every platform where shoppers live. 2.5B shoppers use the Bazaarvoice Network on a monthly basis.

    Founded in 2005, Bazaarvoice is headquartered in Austin, Texas, with offices in North America, Europe, Australia, and India. For more information, visit www.bazaarvoice.com

    Media Contact
    Lauren Venticinque
    Lauren.venticinque@bazaarvoice.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI: zerohash Adds Native USDC Support on World Chain

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 25, 2025 (GLOBE NEWSWIRE) — zerohash, the leading on-chain infrastructure platform, today announced that it has enabled native support for USDC on World Chain, the blockchain designed for real humans. This expansion of the partnership follows the launch of real-time account funding in World’s Kalshi Mini App, powered by zerohash.

    Through its regulated affiliates, Circle issues USDC and recently upgraded World’s 28 million users from bridged USDC into native USDC. zerohash enables instant liquidity between USDC and USD, unlocking everyday utility for these users.

    zerohash provides critical infrastructure connectivity to traditional and fintech businesses. zerohash is trusted by the world’s leading enterprises including Stripe, Shift4, Bolt, and Simplex by Nuvei to build real-world stablecoin solutions across trading, payments, and tokenization.

    “We’re focused on expanding access to the digital economy for the real human network, and zerohash is helping to power this mission,” said Patrick Traughber, Head of Financial Products at Tools for Humanity, a key contributor to World. “zerohash’s support for native USDC on World unlocks greater opportunity and access for developers building solutions to enable seamless everyday finance on World Chain.”

    “We are delighted to deepen our partnership with World by enabling native USDC support,” said Edward Woodford, CEO and Founder of zerohash. “We look forward to continuing to simplify access to stablecoin technology for developers, so they can build new and novel stablecoin use cases cross-chain, and tap into the millions of global USDC holders on World Chain.”

    zerohash now supports USDC on an industry-leading 15 networks. Its infrastructure abstraction layer solves cross-chain interoperability, enabling value to move on-chain, anytime, anywhere, by anyone.

    About zerohash
    zerohash is the leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enables innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization, and on/off-ramps.

    zerohash powers solutions for some of the largest and innovative companies including Interactive Brokers, Stripe, Shift4, Franklin Templeton, Felix Pago, Kalshi, and LightSpark. Zerohash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    In the United States, Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Zero Hash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company. For information about our global regulatory footprint, including our Argentinian registrations, see here.

    zerohash Disclosures

    The zerohash services and product offerings may not be available in all jurisdictions, including in the State of New York. Crypto and stablecoin holdings held in zerohash accounts are not subject to FDIC or SIPC protections in the U.S., or any such equivalent protections that may exist outside of the U.S. zerohash’s technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

    *Staking services are not available to New York customers.

    Learn more by visiting zerohash.com or following us on X @ZeroHashX

    Media Contacts
    zerohash
    Shaun O’Keeffe
    (855) 744-7333
    media@zerohash.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI: Sprout Social Wins Top Industry Awards for Product Excellence, Customer Satisfaction and Global Impact

    Source: GlobeNewswire (MIL-OSI)

    • Sprout earns 164 leader badges in G2’s 2025 Summer Reports across all business segments and regions while ranking #1 in 33 reports including the Enterprise Grid® Report for Social Media Suites and the Grid® Report for Social Customer Service
    • Sprout earns #1 in 17 region-specific G2 reports, including the Enterprise EMEA Regional Grid® Report for Social Customer Service and the Southeast Asia Regional Grid® Report for Social Media Suites
    • TrustRadius recognizes Sprout with eight awards in the 2025 Top Rated Awards across categories including Social Media Marketing, Social Media Customer Service and Competitive Intelligence

    CHICAGO, June 25, 2025 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, has been recognized in G2’s 2025 Summer Reports with 164 leader badges across all business segments—from small business to mid-market and enterprise—and spanning every global region including EMEA, APAC, and the Middle East.

    Sprout Social ranked #1 in 33 individual G2 reports, including the Enterprise Grid® Report for Social Media Suites, the Enterprise Results Index for Social Media Analytics, and the Grid® Report for Social Customer Service. Demonstrating its continued international growth and customer impact, Sprout also earned the top spot in 17 region-specific reports, such as the Enterprise EMEA Regional Grid® Report for Social Customer Service and the Southeast Asia Regional Grid® Report for Social Media Suites.

    Sprout Social was also honored in the TrustRadius 2025 Top Rated Awards, recognized in eight categories: Social Media Customer Service, Social Media Marketing, Social Media Analytics, Social Media Monitoring, Competitive Intelligence, Audience Intelligence, Social Media Management andOnline Reputation Management.

    “These recognitions from G2 and TrustRadius are a testament to the meaningful results our customers are achieving with Sprout,” said Scott Morris, CMO of Sprout Social. “As the global leader in our space, we continue to invest in AI and product innovation focused on helping brands unlock the full power of social to drive smarter decisions, deeper engagement and lasting business impact.”

    The company’s strong performance in these awards follow a wave of product innovations and advanced AI capabilities across Sprout’s platform, including recent launches within Care by Sprout Social and Sprout Social Influencer Marketing. The company recently celebrated 15 years of helping brands harness the ever-evolving power of social to build stronger connections and drive business-wide impact. Sprout Social earned its place on these lists because of customer feedback, including:

    “Sprout Social has become an essential part of our marketing toolkit. The reporting features are especially strong—clear, customizable, and easy to share with stakeholders. We also rely heavily on the listening tools, which help us stay ahead of conversations and understand our audience more deeply. The interface is intuitive, and the collaboration features help our team stay aligned.”

    “I use Sprout all day every day and love having everything in one platform – scheduling, analytics, advocacy, monitoring, and more. A lot of social media professionals wear many hats and Sprout gives you a space to manage it all.”

    “Our executive team has recently been asking for more detailed data on our digital marketing efforts, especially social media. Sprout Social has been a lifesaver, providing easy access to clear, actionable data that simplifies showcasing the ROI and impact of social media to executives. It’s made navigating these conversations far more efficient and impactful!”

    “I am a big fan of the collaboration Sprout offers. From the Smart inbox to the publishing calendar, my team is able to seamlessly work together to create, manage, and respond to social content. It’s easy to bring our customer service and social teams together.”

    For more information about Sprout Social and its award-winning platform, visit www.sproutsocial.com.

    Social Media Profiles:
    www.x.com/SproutSocial
    www.x.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Kaitlyn Gronek
    Email: pr@sproutsocial.com
    Phone: (773) 904-9674

    Investors:
    Lexi Johnson
    Email: lexi.johnson@sproutsocial.com
    Phone: (312) 528-9166

    About Sprout Social

    Sprout Social is a global leader in social media management and analytics software, built on the belief that All Business is Social℠. Sprout’s intuitive platform puts powerful social data into the hands of approximately 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    The MIL Network –

    June 26, 2025

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

    June 26, 2025

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

    June 26, 2025

  • MIL-OSI Asia-Pac: Green maritime fuel supply chain set

    Source: Hong Kong Information Services

    Secretary for Transport & Logistics Mable Chan today attended the Mainland-Hong Kong Green Energy Matchmaking Event, which aims to provide a collaborative platform for relevant suppliers and companies with demand, to catalyse a comprehensive green maritime fuel supply chain and trade.

    The event was organised by the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China and co-organised by the Transport & Logistics Bureau (TLB) and the Department of Commerce of Guangdong Province.

    It was held simultaneously in Hong Kong and Shenzhen today. 

    More than 200 representatives from various enterprises gathered to exchange views and discuss collaborations in relation to fuel off-take and to sign relevant Memoranda of Understanding (MoUs).

    Speaking at the Hong Kong venue, Ms Chan said Hong Kong and the Mainland have strong complementarity in the development of green maritime fuels.

    “The Mainland’s core strength lies in the production of green fuels, while Hong Kong, as the southern gate of Mainland China and an international financial, trading and maritime centre, is not only home to a large number of international shipping enterprises, but also enjoys advantages such as free flow of capital, a financial and legal system that is in line with the rest of the world, and a trade settlement mechanism that allows immediate payment settlements.”

    She added that Hong Kong is the top bunkering centre in the Guangdong-Hong Kong-Macao Greater Bay Area, the second largest in the whole of China and ranks seventh globally.

    “By adopting the ‘north-to-south sales’ model, under which the high-quality green maritime fuels produced on the Mainland can be exported to the world through Hong Kong’s international trading gateway, we will open up new ‘blue ocean’ opportunities for enterprises from the two places.”

    The transport chief also pointed out the event materialised the target of the Action Plan on Green Maritime Fuel Bunkering promulgated by the Hong Kong Special Administrative Region Government in November last year, which said the Government will develop Hong Kong into the preferred green maritime fuel bunkering and trading centre in the region. 

    Furthermore, Ms Chan witnessed the signing of MoUs between the TLB and various parties to collaborate on promoting the development of green maritime fuel-related businesses and establishing a market for the trade of green maritime fuels.

    Meanwhile, Commissioner for Maritime & Port Development Amy Chan attended the event at the Shenzhen venue, where she announced that the Marine Department will gazette the Code of Practice for Methanol Bunkering within this month, and launch the Green Maritime Fuel Bunkering Incentive Scheme.

    MIL OSI Asia Pacific News –

    June 26, 2025

  • MIL-OSI Asia-Pac: FS continues visit to Tianjin (with photos)

    Source: Hong Kong Government special administrative region

    ​The Financial Secretary, Mr Paul Chan, continued his visit to Tianjin today (June 25) to attend the World Economic Forum Annual Meeting of the New Champions 2025 (also known as the Summer Davos). In the evening, he travelled to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB).

    In the morning, Premier Li Qiang attended the opening ceremony of the Summer Davos and delivered a speech. In addition to attending the opening ceremony, Mr Chan participated in a discussion session in the afternoon titled, “Is the Asian Century at Risk?”. Other regional leaders in attendance included the Prime Minister of Vietnam, Mr Pham Minh Chinh; the Deputy Chairperson of Indonesia’s Gerindra Party, Ms Rahayu Saraswati Djojohadikusumo; and the Minister of Industry and Entrepreneurship Development, Mr Sunil Handunneththi. The discussion focused on how Asia could address local development and external challenges amid the current geopolitical tensions, trade barriers and technological transformation.

    During the session, Mr Chan remarked that the Asian region is developing rapidly, with Hong Kong benefitting from its unique position under “one country, two systems”. He highlighted Hong Kong’s dual advantages of priority access to the Mainland’s market and its connectivity to the global economy, serving as a gateway between the Mainland and the world. As an international financial centre, Hong Kong facilitates efficient two-way capital flows and cross-border financial co-operation within Asia and between Asia and other regions. In the current international geopolitical and economic environment, Hong Kong is actively supporting Mainland enterprises in expanding internationally and building global industry chains and supply chains.

    In response to questions, Mr Chan emphasised that since the implementation of the Hong Kong National Security Law, Hong Kong has provided a more stable and secure business environment that allows society to focus on economic development. He pointed out that the performance of Hong Kong’s capital markets over the past year, along with surveys conducted by various foreign chambers of commerce, demonstrates that international investors are showing confidence in Hong Kong with their capital and actions. Mr Chan further noted that Hong Kong’s openness, diversity and international outlook under “two systems”, along with its common law system, remain key advantages in attracting international businesses and talent.

    Mr Chan also met with the Chairman ad interim of the World Economic Forum, Mr Peter Brabeck-Letmathe, during which he briefed him on Hong Kong’s latest economic developments, including progress in the financial and innovation and technology (I&T) sectors. The two sides also explored opportunities to strengthen co-operation in technological innovation and personnel exchanges. Mr Chan expressed gratitude to the World Economic Forum for offering secondment opportunities to Hong Kong SAR Government personnel, enabling them to gain more international exposure.

    During his time in Tianjin, Mr Chan participated in the following activities:

    (1) A thematic session titled “Funding China’s Next Tech Breakthrough” hosted by the Hong Kong Exchanges and Clearing Limited, where he shared with representatives from investment banks, funds, asset management firms, I&T companies and think tanks how Hong Kong provides a full range of fundraising options – from start-up investments to stock market listings – to provide financial support to the accelerated development of I&T enterprises;

    (2) An exchange session between technology enterprises from Tianjin and Hong Kong organised by Hong Kong Science and Technology Parks Corporation, where Mr Chan introduced the dual advantages of Hong Kong’s financial and I&T synergy to I&T enterprises from Tianjin and Hong Kong, and accelerating the development of I&T through financial empowerment. Some members of the I&T delegation on the visit also participated in the session, where they explored collaboration opportunities with Tianjin’s I&T companies; and

    (3) A gathering hosted by the Hong Kong Chamber of Commerce in Tianjin, where Mr Chan shared updates on Hong Kong’s economy, future development directions, and opportunities for further strengthening co-operation between Tianjin and Hong Kong in finance, trade and I&T.

    After concluding his visit to Tianjin, Mr Chan proceeded to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the AIIB.

    Mr Chan will attend the 10th Annual Meeting of the Board of Governors of the AIIB tomorrow (June 26).

                                 

    MIL OSI Asia Pacific News –

    June 26, 2025

  • MIL-OSI Asia-Pac: Christopher Hui attends AIIB meeting

    Source: Hong Kong Information Services

    Secretary for Financial Services & the Treasury Christopher Hui said today Hong Kong shares the Asian Infrastructure Investment Bank’s (AIIB) mission of providing high-quality financial disclosures as a reliable player that builds trust with stakeholders.

    He made the statement during a side event at the AIIB’s 10th Annual Meeting of the Board of Governors on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”.

    Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.

    He said: “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities.”

    The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions, Mr Hui added.

    In addition, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable in the afternoon.

    He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products.

    The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.

    At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday, Mr Hui met AIIB President Jin Liqun and AIIB President-elect Zou Jiayi.

    He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.

    Additionally, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the annual meeting to explore opportunities for further co-operation.

    During his stay in Beijing, Mr Hui met Industrial & Commercial Bank of China President Liu Jun and China Construction Bank Chief Financial Officer Sheng Liurong.

    MIL OSI Asia Pacific News –

    June 26, 2025

  • MIL-OSI: Minovia Therapeutics Ltd. and Launch One Acquisition Corp. Announce Proposed Business Combination to Create Nasdaq-Listed Mitochondrial Therapy Company in $1 Trillion+ Mitochondrial and Longevity Markets

    Source: GlobeNewswire (MIL-OSI)

    HAIFA, Israel, and GEORGE TOWN, Cayman Islands, June 25, 2025 (GLOBE NEWSWIRE) — Minovia Therapeutics Ltd. (“Minovia” or the “Company”), a clinical-stage biotechnology company developing what it believes to be first-in-class therapies to treat mitochondrial diseases and combat age-related decline, and Launch One Acquisition Corp. (Nasdaq: LPAA, “Launch One”), a special purpose acquisition company focused on healthcare innovation, announce entering into a definitive business combination agreement (the “Business Combination Agreement”).   

    Transaction highlights:

    • The proposed business combination (the “Business Combination”) will create a publicly traded, clinical-stage biotechnology company focused on developing and commercializing Mitochondrial Augmentation Technology (MAT) – a proprietary platform designed to address a broad spectrum of diseases driven by mitochondrial dysfunction, from rare pediatric disorders to common adult conditions.
    • Upon closing of the transaction, the combined entity will operate under the name Mito US One Ltd. and is expected to be listed on Nasdaq.
    • The transaction is expected to provide Minovia with additional capital to facilitate accelerating its growth and development pipeline. This includes potentially reaching clinical and regulatory milestones, technology transfer, and the eventual commercial launch of the Company’s longevity-focused offerings from its MAT platform.
    • The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions and shareholder approvals.
    • Launch One’s trust account currently holds approximately $239.7 million in cash, a portion of which may be available to the combined company following the transaction, depending on the extent of redemptions by public shareholders.

    Natalie Yivgi-Ohana, Ph.D., Minovia Co-Founder and CEO commented, “Minovia is pioneering a new category of mitochondrial therapy that targets the root cause of disease and aging — mitochondrial failure. Our research has already demonstrated durable safety and life-changing impact in patients, including children with genetic mitochondrial disease and older adults with hematologic and kidney dysfunction. Supported by clinical data, FDA Fast Track Designation, and a clear path to pivotal trial, we believe our MAT platform is uniquely positioned to drive value across both rare disease and the fast-growing longevity market.”

    Unlocking a New Category in Regenerative and Longevity Medicine

    Mitochondria are the tiny powerplants inside human cells, generating the energy needed for everything from muscle movement and kidney function to immune defense and brain activity. When mitochondria break down, energy production collapses — contributing to a wide range of diseases, including neurodegenerative, metabolic, and kidney disease, as well as muscle weakness, anemia, and immune system decline. Minovia’s MAT platform is designed to enrich diseased cells with healthy and functional mitochondria, effectively recharging the body’s cellular batteries and restoring the energy essential for healing, resilience, and long-term health. This approach is backed by a deep patent portfolio, scalable manufacturing, a decade of research and development, and supported by clinical data.

    To date, Minovia has treated 23 patients for a combination of Pearson Syndrome, low-risk Myelodysplastic Syndrome (MDS), and neurological conditions such as Kearns-Sayre and Leigh syndromes. Patients have experienced significant outcomes — including increased body weight and growth, restored mobility, kidney function, and hematologic stability. The treatment demonstrated to be safe with no drug-product related adverse response. The Company believes these results differentiate Minovia from others in the field and support its regulatory strategy across multiple indications.

    Minovia’s lead product, MNV-201, supported by FDA Fast Track and Rare Pediatric Designations, is being developed under a Phase 2 trial for Pearson Syndrome, an ultra-rare pediatric disorder. In parallel, Minovia is also conducting a Phase 1b study of MNV-201 in low-risk MDS, a chronic blood disorder linked to aging and has launched compassionate use programs in neurological mitochondrial conditions. Across its pipeline, MAT has shown a preliminary consistent safety profile, multi-system benefit, and biomarker-driven evidence of mitochondrial restoration — supporting both accelerated regulatory pathways and broad clinical potential.

    Looking ahead, Minovia believes it is poised to become a leader in the $1+ trillion longevity and regenerative medicine market with the first clinical-stage mitochondrial cell therapy for aging-related dysfunction. Minovia plans to launch MAT-based offerings through global longevity clinic partnerships beginning in 2026. Minovia believes that the accumulated clinical data, as well as preclinical data showing that MAT reverses biological aging markers and improves cognition and mobility in aged mice, lay the foundation for a scalable mitochondrial regenerative medicine franchise.

    Chris Ehrlich, Launch One Acquisition Corp. CEO, added, “Minovia provides a clinical-stage platform with the potential to lead an entirely new category of cell therapy. FDA Fast Track designation, patient responses across multiple diseases, and a robust pipeline positions Minovia as a first mover in advanced mitochondrial medicine. The company is advancing toward pivotal trials and we expect it will be bringing U.S.-based GMP manufacturing online by the end of 2025, allowing it to scale both its rare disease and longevity programs globally.”

    Transaction Overview and Next Steps

    The Business Combination Agreement assigns Minovia a pre-money equity valuation of $180 million, which will be increased by additional proceeds into Minovia expected from a bridge financing of at least $5 million to be completed within 30 days of signing, payable to Minovia equity holders in newly issued shares of the combined company, and with the Minovia equity holders being eligible to potentially receive additional shares worth $57.5 million in the aggregate as an earnout after the closing of the Business Combination. In addition, the parties are currently anticipating at least $18 million in PIPE investments at closing of the Business Combination, in addition to remaining cash held in Launch One’s trust account after shareholder redemptions. The net proceeds will fund Minovia’s clinical milestones, regulatory approvals, and the commercial launch of longevity-focused offerings.

    The boards of directors of both Minovia and Launch One have unanimously approved the transaction, which is expected to close in the fourth quarter of 2025, subject to customary closing conditions and shareholder approvals.

    Additional information about the transaction will be provided in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission (“SEC”) and will be available at www.sec.gov. In addition, Launch One and Minovia intend to file relevant materials with the SEC, including a registration statement on Form F-4 (the ”Registration Statement“), which will include a proxy statement/prospectus of Launch One. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One and/or Minovia have filed or may file with the SEC in connection with the Business Combination.

    Advisors and Legal Counsel

    Locus Walk is serving as lead placement agent on the transaction. Bevilacqua PLLC is acting as U.S. legal counsel to Minovia. Ellenoff Grossman & Schole LLP is U.S. legal counsel to Launch One.

    About Minovia Therapeutics Ltd.

    Minovia, chaired by John Cox, is a company working on treatments to augment defective mitochondria with new healthy mitochondria, helping people with mitochondrial diseases and fighting aging. Its lead product, MNV-201, is already being tested in clinical trials for Pearson Syndrome and Myelodysplastic Syndrome. Minovia is also developing ways to potentially help people live longer, healthier lives. Based in Haifa, Israel, with a factory for its therapy, Minovia is expanding to the U.S. For more information, visit www.minoviatx.com.

    About Launch One Acquisition Corp.

    Launch One Acquisition Corp. is a company set up to merge with and take public an exciting business in healthcare or technology. Listed on Nasdaq under the ticker LPAA, Launch One is led by experienced leaders who want to support game-changing solutions. For more information, contact Jurgen van de Vyver at jurgen@launchpad.vc.

    Participants In the Solicitation

    Launch One, Minovia, and their respective directors, executive officers, other members of management and employees may be deemed participants in the solicitation of proxies from Launch One’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Launch One’s directors and officers in Launch One’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to Minovia’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described below under the heading “Additional Information and Where to Find It.”

    Non-Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Launch One or Minovia, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Launch One’s or Minovia’s future financial or operating performance. For example, statements regarding the development and therapeutic benefits of MAT, the Business Combination and the anticipated timing of the completion of the Business Combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

    These forward-looking statements regarding future events and the future results of Launch One and Minovia are based on current expectations, estimates, forecasts, and projections about the development of MAT, the industry in which Minovia operates, as well as the beliefs and assumptions of Launch One’s management and Minovia’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Launch One relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Launch One; (ii) uncertainties; (iii) assumptions; and (v) other factors beyond Launch One’s or Minovia’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, Minovia’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Launch One and Minovia therefore caution against relying on any of these forward-looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Launch One and its management and Minovia and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Launch One’s or Minovia’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Launch One, Minovia, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Launch One and Minovia, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of Minovia; (vi) Minovia’s ability to scale and grow its business, and the advantages and expected growth of Minovia; (vii) Minovia’s ability to source and retain talent, and the cash position of Minovia following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of Minovia as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Minovia to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that Minovia may be adversely affected by other economic, business and/or competitive factors; (xiv) Minovia’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Launch One and Minovia with the SEC. There may be additional risks that neither Launch One nor Minovia presently know or that Launch One and Minovia currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Launch One or Minovia speak only as of the date they are made. Neither Launch One nor Minovia undertakes any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statements are based.

    Additional Information and Where to Find It

    In connection with the Business Combination, Launch One and/or Minovia intend to file relevant materials with the SEC, including the Registration Statement, which will include a proxy statement/prospectus of Launch One, and will file other documents regarding the proposed transaction with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One has filed or may file with the SEC in connection with the proposed transaction. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed transaction will be mailed or made available to stockholders of Launch One as of a record date to be established for voting on the proposed transaction.

    Before making any voting or investment decision, investors and stockholders of Launch One are urged to carefully read, when they become available, the entire Registration Statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Launch One, Minovia, and the proposed transaction. Launch One’s investors and stockholders and other interested persons will also be able to obtain copies of the Registration Statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Launch One and/or Minovia in connection with the Business Combination, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Launch One or Minovia at the addresses set forth below.

    Contact

    Minovia Therapeutics Ltd.
    Natalie Yivgi Ohana, Co-Founder and CEO
    +972-74-7039954
    info@minoviatx.com 

    Launch One Acquisition Corp.
    Jurgen van de Vyver
    jurgen@launchpad.vc
    +1-510-692-9600

    Investor Relations
    Dave Gentry, CEO
    RedChip Companies
    +1-407-644-4256
    LPAA@redchip.com

    Investor Relations
    Jules Abraham
    Managing Director, Communications
    CORE IR
    1-917-885-7378
    Julesa@coreir.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI: Anthony Pompliano’s ProCap BTC, LLC Buys Another 1,208 Bitcoin and Now Holds A Total of 4,932 Bitcoin

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 25, 2025 (GLOBE NEWSWIRE) — American investor and entrepreneur, Anthony Pompliano, today announced that ProCap BTC, LLC, a bitcoin-native financial services firm (the “Company”), has purchased 1,208 bitcoin at a time weighted average price (“TWAP”) of $105,977 per bitcoin, following the Company’s June 23, 2025 announcement of a proposed $1 billion business combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM) to take the Company public as ProCap Financial, Inc. The Company now holds 4,932 bitcoin on its balance sheet. 

    The bitcoin was acquired as part of the Company’s on-going bitcoin purchase program. The Company has wasted no time delivering for its investors by deploying the funds raised at signing to accumulate bitcoin. As a result, equity investors received immediate bitcoin exposure from the equity raise.

    The Company plans to continue buying bitcoin for its balance sheet as part of its ongoing business strategy. At the closing of the proposed business combination, ProCap Financial is expected to hold up to $1 billion in bitcoin on its balance sheet. The TWAP for the Day 2 purchases may be different from the “Signing Bitcoin Price” for purposes of Business Combination Agreement signed by CCCM and the Company on June 23, 2025.

    ProCap BTC, LLC, believes bitcoin is the new hurdle rate.

    If you can’t beat it, you have to buy it.

    About ProCap BTC, LLC and ProCap Financial, Inc.

    ProCap BTC, LLC is a bitcoin-native financial services firm founded by Anthony Pompliano. Pompliano has invested in more than 300 private companies and is one of the leading voices on bitcoin globally. ProCap Financial, Inc., the company resulting from the proposed Business Combination, will focus on implementing various profit-generating products and services to support the unique financial needs of large financial institutions and institutional investors.

    About Columbus Circle Capital I

    Columbus Circle Capital Corp. I (NASDAQ: CCCM) is a Cayman Islands–incorporated blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is led by Chairman and CEO Gary Quin, a veteran investment banker with over 25 years of experience in cross-border M&A, private equity, and capital markets; COO Dan Nash, a skilled investment banker, with a strong track record in SPAC execution and building high-growth advisory platforms; and CFO Joseph W. Pooler, Jr., who brings decades of public company financial leadership. The board of directors includes Garrett Curran, Alberto Alsina Gonzalez, Dr. Adam Back, and Matthew Murphy.

    Additional Information and where to Find it

    ProCap Financial, Inc., a Delaware corporation (“ProCap Financial”) and Columbus Circle Capital Corp I, a Cayman Islands exempt company (“CCCM”) intend to file with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 (as may be amended, the “Registration Statement”), which will include a preliminary proxy statement of CCCM and a prospectus (the “Proxy Statement/Prospectus”) in connection with (i) a proposed business combination, to be effected subject to and in accordance with the terms of certain business combination agreement dated as of June 23, 2025 (as may be modified, amended or supplemented from time to time, the “Business Combination Agreement”), by and among ProCap Financial, CCCM, Crius SPAC Merger Sub, Inc., a Delaware corporation, Crius Merger Sub, LLC, a Delaware limited liability company, ProCap BTC, LLC, a Delaware limited liability company (“ProCap BTC”), and Inflection Points Inc, d/b/a Professional Capital Management, a Delaware corporation (collectively with all of the related actions and transactions contemplated by such agreement, the “Business Combination”), (ii) a private placement of non-voting preferred units (“ProCap BTC Preferred Units”) of ProCap BTC to certain “qualified institutional buyers” as defined in Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), or institutional “accredited investors” (as defined in Rule 506 of Regulation D)(such investors, “qualifying institutional investors”)(the “Preferred Equity Investment”) pursuant to preferred equity subscription agreements, and (iii) commitments by qualifying institutional investors to purchase convertible notes (“Convertible Notes”) issuable in connection with the Closing by ProCap Financial (the “Convertible Note Offering” and, together with the Preferred Equity Investment and the Business Combination, the “Proposed Transactions”) pursuant to convertible notes subscription agreements. The definitive proxy statement and other relevant documents will be mailed to shareholders of CCCM as of a record date to be established for voting on the Proposed Transactions and other matters as described in the Proxy Statement/Prospectus. CCCM and/or ProCap Financial will also file other documents regarding the Proposed Transactions with the SEC. This communication does not contain all of the information that should be considered concerning the Proposed Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, SHAREHOLDERS OF CCCM AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH CCCM’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT CCCM, PROCAP BTC, PROCAP FINANCIAL AND THE PROPOSED TRANSACTIONS. Investors and security holders will also be able to obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or that will be filed with the SEC by CCCM and ProCap Financial, without charge, once available, on the SEC’s website at www.sec.gov, or by directing a request to: Columbus Circle Capital Corp. I, 3 Columbus Circle, 24th Floor, New York, NY 10019; e-mail: IR@ColumbusCircleCap.com, or upon written request to ProCap Financial Inc. at 600 Lexington Ave., Floor 2, New York, NY 10022, respectively.

    NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE PROPOSED TRANSACTIONS DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE PROPOSED TRANSACTIONS OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

    The offer and sale of the Convertible Notes to be issued by ProCap Financial pursuant to the Convertible Note Offering and the offer and sale of the ProCap BTC Preferred Units in the Preferred Equity Investment, in connection with the Proposed Transactions, has not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

    Participants in Solicitation

    CCCM, ProCap BTC, ProCap Financial and their respective directors, executive officers, certain of their shareholders and other members of management and employees may be deemed under SEC rules to be participants in the solicitation of proxies from CCCM’s shareholders in connection with the Proposed Transactions. A list of the names of such persons, and information regarding their interests in the Proposed Transactions and their ownership of CCCM’s securities are, or will be, contained in CCCM’s filings with the SEC, including the final prospectus for CCCM’s initial public offering filed with the SEC on May 19, 2025 (the “IPO Prospectus”). Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of CCCM’s shareholders in connection with the Proposed Transactions, including the names and interests of ProCap BTC’s and ProCap Financial’s respective directors or managers and executive officers, will be set forth in the Registration Statement and Proxy Statement/Prospectus, which is expected to be filed by ProCap Financial and CCCM with the SEC. Investors and security holders may obtain free copies of these documents as described above.

    No Offer or Solicitation

    This communication and the information contained herein is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the securities of CCCM, ProCap BTC or ProCap Financial, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the Securities Act.

    Forward-Looking Statements

    This communication contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the Proposed Transactions involving ProCap Financial, ProCap BTC, and CCCM, including expectations, hopes, beliefs, intentions, plans , prospects, financial results or strategies regarding ProCap BTC, ProCap Financial, CCCM and the Proposed Transactions, statements regarding the anticipated benefits and timing of the completion of the Proposed Transactions, the assets that may be held by ProCap BTC and ProCap Financial and the value thereof, the price and volatility of bitcoin, bitcoin’s growing prominence as a digital asset and as the foundation of a new financial system, ProCap Financial’s listing on any securities exchange, the macro and political conditions surrounding bitcoin, the planned business strategy including ProCap Financial’s ability to develop a corporate architecture capable of supporting financial products built with and on bitcoin including native lending models, capital market instruments, and future innovations that will replace legacy financial tools with bitcoin-aligned alternatives, plans and use of proceeds, objectives of management for future operations of ProCap Financial, the upside potential and opportunity for investors, ProCap Financial’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance and expected financial impacts of the Proposed Transactions, the satisfaction of closing conditions to the Proposed Transactions and the level of redemptions of CCCM’s public shareholders, and ProCap Financial’s expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited to: the risk that the Proposed Transactions may not be completed in a timely manner or at all, which may adversely affect the price of CCCM’s securities; the risk that the Proposed Transactions may not be completed by CCCM’s business combination deadline; the failure by the parties to satisfy the conditions to the consummation of the Proposed Transactions, including the approval of CCCM’s shareholders; failure to realize the anticipated benefits of the Proposed Transactions; the level of redemptions of the CCCM’s public shareholders which may reduce the public float of, reduce the liquidity of the trading market of, and/or maintain the quotation, listing, or trading of the Class A ordinary shares of CCCM or the shares of common stock, par value $0.0001 per share, of ProCap Financial (“Pubco Common Stock”) to be listed in connection with the Proposed Transactions; the insufficiency of the third-party fairness opinion for the board of directors of CCCM in determining whether or not to pursue the Proposed Transactions; the failure of ProCap Financial to obtain or maintain the listing of its securities on any securities exchange after closing of the Proposed Transactions; risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; costs related to the Proposed Transactions and as a result of becoming a public company; changes in business, market, financial, political and regulatory conditions; risks relating to ProCap Financial’s anticipated operations and business, including the highly volatile nature of the price of bitcoin; the risk that ProCap Financial’s stock price will be highly correlated to the price of bitcoin and the price of bitcoin may decrease between the signing of the definitive documents for the Proposed Transactions and the closing of the Proposed Transactions or at any time after the closing of the Proposed Transactions; asset security and risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; risks related to increased competition in the industries in which ProCap Financial will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding bitcoin; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; risks related to the ability of ProCap BTC and ProCap Financial to execute their business plans; the risks that launching and growing ProCap Financial’s bitcoin treasury advisory and services in digital marketing and strategy could be difficult; challenges in implementing ProCap Financial’s business plan, due to operational challenges, significant competition and regulation; risks associated with the possibility of ProCap Financial being considered to be a “shell company” by any stock exchange on which ProCap Financial’s common stock will be listed or by the SEC, which may impact ProCap Financial’s ability to list Pubco Common Stock and restrict reliance on certain rules or forms in connection with the offering, sale or resale of securities, which could impact materially the time, cost and ability of ProCap Financial to raise capital after the closing; the outcome of any potential legal proceedings that may be instituted against ProCap Financial, ProCap BTC, CCCM or others in connection with or following announcement of the Proposed Transactions, and those risk factors discussed in documents that ProCap Financial and/or CCCM filed, or that will be filed, with the SEC, including as will be set forth in the Registration Statement to be filed with the SEC in connection with the Proposed Transactions.

    The foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the IPO Prospectus, CCCM’s Quarterly Reports on Form 10-Q and CCCM’s Annual Reports on Form 10-K that will be filed by CCCM from time to time, the Registration Statement that will be filed by ProCap Financial and CCCM and the Proxy Statement/Prospectus contained therein, and other documents that have been or will be filed by CCCM and ProCap Financial from time to time with the SEC. These filings do or will identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There may be additional risks that neither CCCM nor ProCap Financial presently know or that CCCM and ProCap Financial currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and each of CCCM, ProCap BTC, and ProCap Financial assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither CCCM, ProCap BTC, nor ProCap Financial gives any assurance that any of CCCM, ProCap BTC or ProCap Financial will achieve their respective expectations. The inclusion of any statement in this communication does not constitute an admission by CCCM, ProCap BTC or ProCap Financial or any other person that the events or circumstances described in such statement are material.

    Media Contacts

    Ebony Lewkovitz

    ebony@edencommunications.com

    Larissa Bundziak

    larissa@edencommunications.com

    Dan Nash

    IR@ColumbusCircleCap.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI: SAIC Awarded $928 Million Prototype Engineering and Mission Integration Contract

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., June 25, 2025 (GLOBE NEWSWIRE) — America’s leading mission integrator, Science Applications International Corp. (NASDAQ: SAIC), has been awarded the Hyper-Innovative Operational Prototype Engineering (HOPE) 2.0 contract in support of the U.S. Air Force Tactical Exploitation of National Capabilities (AF TENCAP). This $928 million contract spans a five-year performance period and is set for a July 2025 program start.

    A congressionally-mandated rapid-acquisition organization, AF TENCAP exploits existing air, space, cyber, national, and global Intelligence, Surveillance, and Reconnaissance (ISR) systems to accelerate delivery of innovative and secure warfighting capabilities across Air Force and Joint military missions for the Department of Defense (DoD).

    The HOPE 2.0 contract integrates Intelligence Community capabilities with urgent DoD operational needs. SAIC will provide comprehensive Research, Development, Test, and Evaluation (RDT&E) mission engineering services to help AF TENCAP create near program of record ready prototypes that lead to improved warfighting superiority and decision dominance in all domains.

    “To deter conflict and win wars in today’s data-centric battlefield, warfighters must have integrated actionable data including the full power of Intelligence Community capabilities,” said Vincent DiFronzo, SAIC Executive Vice President of Air Force and Combatant Commands Business Group. “Using our proven expertise in rapid mission integration, SAIC leverages advanced commercial technologies to keep the DoD on the cutting edge of all-domain warfighting capabilities.”

    SAIC’s efforts will include: 

    • Utilizing sensor and data fusion to maintain decision dominance
    • Improving command and control (C2) decisions in complex environments
    • Integrating new materials and manufacturing processes
    • Fusing data to ensure accurate status of threat and friendly forces
    • Supporting unique requirements of Special Operations Forces
    • Enhancing battlespace awareness
    • Increasing air superiority and interoperability
    • Developing innovative cyberspace capabilities

    Incorporating warfighter feedback, SAIC will support rapid prototype development and mission integration for AF TENCAP and its 65 agencies and commands across the DoD and Intelligence Community. This includes partnering with more than a dozen traditional and non-traditional defense companies to deliver the nation’s most advanced technology to DoD Combatant Commands.

    “SAIC is proud to be a partner of choice to accelerate next-gen warfighting concepts into operational reality,” said DiFronzo. “We’re excited to help Air Force TENCAP achieve evolutionary and revolutionary warfighting improvements in capability, performance, and cost savings. In a larger strategic sense, HOPE 2.0 shows the urgent need of a data-centric mission integration approach for the military, intelligence, and space communities. TENCAP’s rapid development approach is fully aligned with DoD’s Software Acquisition Pathway and will be essential to contribute to national priorities such as deterrence in the Pacific and Golden Dome for America, keeping our military the best in the world.”

    About SAIC 
    SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Media Contact: 
    Darryn C. James
    Darryn.C.James@saic.com

    Forward-Looking Statements 
    Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. 

    The MIL Network –

    June 26, 2025

  • MIL-OSI: Synchronoss Achieves EU-U.S. Data Privacy Framework Certification

    Source: GlobeNewswire (MIL-OSI)

    BRIDGEWATER, N.J., June 25, 2025 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms for telecoms, today announced that it has achieved certification under the EU-U.S. Data Privacy Framework (DPF), administered by the U.S. Department of Commerce.

    The DPF is a transatlantic data transfer mechanism that enables U.S.-based organizations to receive and process personal data from the European Union in compliance with European privacy laws, such as the General Data Protection Regulation (GDPR). The framework provides robust safeguards, enforcement mechanisms, and redress options to ensure personal data remains protected when transferred outside the EU.

    The DPF certification reinforces Synchronoss’s longstanding commitment to international privacy standards and strengthens its position as a trusted partner to Tier 1 telecom operators around the world.

    “Privacy and data protection are foundational to our mission as a white label cloud provider,” said Jeff Miller, President and CEO of Synchronoss. “Achieving DPF certification builds on our global compliance framework and reinforces our promise to deliver secure, scalable, and consumer friendly cloud solutions that meet the highest standards of trust.”

    “Our DPF certification reflects more than regulatory alignment, it demonstrates our steadfast dedication to responsible data governance,” added Mark Denihan, Chief Privacy Officer at Synchronoss. “For our European partners, the Data Privacy Framework provides assurance that cross-border transfers of personal data are conducted with the highest standards of integrity, transparency, and accountability, values that are a hallmark of Synchronoss’s global commitment to trusted data practices.”

    A Foundation of Trust

    The EU-U.S. DPF establishes legally enforceable safeguards for the transfer of personal data of EU individuals to certified U.S. organizations. This is particularly vital in the European landscape, where digital sovereignty and ethical data stewardship are paramount. Synchronoss’s successful certification affirms its ability to manage both HR and non-HR data responsibly in cross-border contexts, supporting the data privacy expectations of global partners.

    With the addition of the DPF certification, Synchronoss further strengthens its comprehensive compliance framework. This achievement adds to Synchronoss’s established suite of global credentials, including SOC 2 Type II for data security and integrity, ISO 27001 for information security management, and independent privacy validation through TRUST/e. Collectively, these certifications reflect a proactive and sustained investment in data protection and a robust global privacy infrastructure.

    To view Synchronoss’s DPF certification, visit the U.S. Department of Commerce registry:
    https://www.dataprivacyframework.gov

    For more information about Synchronoss and its global privacy and compliance commitments, visit: www.synchronoss.com/cloud-security/

    About Synchronoss
    Synchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement using artificial intelligence (AI), machine learning and other advanced features, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at www.synchronoss.com.

    Media Relations Contact:
    Domenick Cilea
    Springboard
    dcilea@springboardpr.com

    Investor Relations Contact:
    Ryan Gardella
    ICR INC.
    ryan.gardella@icrinc.com

    The MIL Network –

    June 26, 2025

  • MIL-OSI Global: Why there’s a growing backlash against plant-based diets

    Source: The Conversation – UK – By Jonathan Beacham, Research Fellow, University of Bristol Business School, University of Bristol

    Geinz Angelina/Shutterstock

    People in the UK are eating too much meat – especially processed meat – according to a recent report from the Food Foundation, a UK charity.

    The report recommends revisiting school food standards, which advises schools to serve meat three times a week. The consequence? Children often eat a higher proportion of processed meat than adults.

    The effects of meat-heavy diets are well documented. Some analyses estimate that overconsumption of meat, especially processed red meat, costs the global economy around £219 billion annually, in terms of harms to human health and the environment. At the same time, a growing body of evidence shows that a transition toward more plant-based diets is not just beneficial, but essential.

    And yet efforts to reduce meat consumption haven’t always been well received. In Paris, for instance, the mayor’s initiative to remove meat from municipal canteen menus twice a week triggered an angry backlash from unions and workers who called for the return of steak frites.

    A few years ago, meat consumption in the UK was falling, and interest in initiatives like Veganuary was surging. Venture capital flooded into plant-based startups, from cricket burgers to hemp milk.

    But enthusiasm, and investment, has since declined. Meanwhile, populism and “culture war” narratives have fuelled social media misinformation about food, diet and sustainability, hampering progress. So what has changed? And why is meat once again a flashpoint in the food debate?

    Working with the H3 Consortium, which explores pathways to food system transformation in the UK, our research has focused on why the backlash against plant-based diets is growing and what it means for people, animals and the planet.

    Part of the answer lies in coordinated messaging campaigns that frame meat and dairy not just as “normal” but as “natural” and essential to a balanced diet. One example is the Let’s Eat Balanced campaign, run by the Agriculture and Horticulture Development Board since 2021. It promotes meat and dairy as key sources of micronutrients such as Vitamin B12 and implicitly positions plant-based diets as nutritionally inadequate.

    But here’s the irony: many intensively farmed animals don’t get B12 from their diet naturally. Their feed is supplemented with vitamins and minerals, just as vegan diets are supplemented. So is meat really a more “natural” source of B12 than a pill?

    That raises a broader question: what could a fair and sustainable transition to plant-based protein look like – not just for consumers, but for farmers and rural communities? Some analyses warn that rapid shifts in land use toward arable farming could have serious unintended consequences, such as disrupting rural economies and threatening livelihoods.

    There are also legitimate questions about the healthiness of meat and dairy alternatives. Despite the early hype around alternative proteins, many products fall under the category of ultra-processed foods (UPFs) – a red flag for consumers wary of additives and artificial ingredients.

    The popularity of books like Chris van Tulleken’s Ultra-Processed People has stoked concerns about emulsifiers, ingredients used to bind veggie burgers or prevent vegan milk from curdling, and some headlines have asked whether they “destroy” our gut health.

    Still, it’s a leap to suggest that conventional red meat is the healthier alternative. The health risks of processed meat are well established, especially the carcinogenic effects of nitrites used to keep meat looking fresh in packaging.

    Some people suggest eating chicken instead of read meat because it produces less greenhouse gas. But raising chickens also causes problems, like pollution from chicken manure that harms rivers, and it depends a lot on soy feed, which can be affected by political and trade issues.

    There’s a strong case for reducing meat consumption, and the scientific evidence to support it is robust. But understanding the backlash against plant-based eating is essential if we want to make meaningful progress. For now, meat is not disappearing from our diets. In fact, the food fight may be just getting started.

    Jonathan Beacham receives funding from the UKRI Strategic Priorities Fund (grant ref: BB/V004719/1).

    David M. Evans receives funding from the UKRI Strategic Priorities Fund (grant ref: BB/V004719/1). He is affiliated with Defra (the Department of Environment, Food and Rural Affairs) as a member of their Social Science Expert Group.

    – ref. Why there’s a growing backlash against plant-based diets – https://theconversation.com/why-theres-a-growing-backlash-against-plant-based-diets-259455

    MIL OSI – Global Reports –

    June 26, 2025

  • MIL-OSI China: Feature: Chinese lychee, a sweet story in Mexico

    Source: People’s Republic of China – State Council News

    While China is going deep into summer, Mexico enters the rainy season of the year. In breaks of showery days, crowds hit the streets for sunshine and a sweet fruit from China — lychee.

    For many visitors to Mexico, lychee is something they don’t expect to see here. Meanwhile, the sweet, fleshy fruit has become a popular item on Mexican households’ seasonal grocery lists.

    Few know that lychee trees have grown in Mexico for over a century. In the late 19th century, hundreds of Chinese workers migrated to Mexico, and many settled in Sinaloa. Local legend says the first of the lychee trees the migrants cultivated with seeds taken from their homeland was gifted to Sinaloa’s governor.

    In an evolution journey starting from the Chinese lychee seeds, commercial farming didn’t take off until the 1970s in Mexico. After that, the seasonal fruit took no long time to find its way into the daily life of Mexicans. Liliana, a 37-year-old Mexican engineer, said: “They’ve always been a special treat in our home” every year since her childhood.

    The lychee plantation industry in Mexico now spans 13 states, including Veracruz, Puebla and Oaxaca. In 2023, official data showed Mexico produced more than 26,000 tons of lychee fruits, largely going for the North American market.

    On U.S. grocery platforms, lychee fruits command a premium price but continue to gain popularity. “Not as sweet as last year’s, but still the best I can find in the U.S. market,” one online reviewer wrote. “The season is short, just a few weeks. Worth savoring while it lasts.”

    The Mexican story of the lychee mirrors the story of migration — of roots transplanted; of tastes carried across oceans. In markets from Los Angeles to Merida, the lychee is both about exotic appeal and homesick comfort.

    “I was born and raised in Guangzhou, capital of China’s Guangdong Province,” said Zhang Tieliu from the Chinese American Business Association. “I later moved across the ocean for work. The U.S. doesn’t grow lychees, but for us Chinese living in North America, that taste of home is something we truly miss.”

    And the modern lychee story overseas involves more.

    “Over the years, I dreamed of bringing this jewel of South China’s fruits to the American market,” Zhang said.

    “Thanks to breakthroughs in preservation and logistics by Chinese companies and universities, we’ve finally made that dream a reality — Guangdong lychees now carry their fragrance all the way to North America.”

    Cold-chain technology is accelerating the lychee’s global reach. Pre-cooling and freshness-locking methods have helped overcome previous barriers in its trade, facilitating its rise in sales in recent years in the international fresh fruit market. From the plantations of Maoming City, Guangdong Province, lychee fruits can now reach destinations in the Middle East and Europe within three days.

    Even today, lychees in Mexican supermarkets aren’t quite what a southern Chinese native remembers. They vary in size, sweetness and fleshiness. Yet spotting them on shelves is still a moment of recognition, a thread between homes, while the fruit continues to bear sweetness for generations to come.

    And so, the lychee continues to bloom far from its native soil, as a living bridge between continents, past and present.

    In Latin America, lychee is seen as a luxury fruit outside Mexico. In Panama, it is called “chirimoya china” to indicate its origin and exotic flavor. Brazil has thousands of hectares of lychee orchards and is still expanding its cultivation area. 

    MIL OSI China News –

    June 26, 2025

  • MIL-OSI USA: A ‘Blueprint for Mass Cybercrime’

    Source: US State of Connecticut

    A sweeping and deeply concerning leak of internet user credentials is making headlines around the globe, with cybersecurity analysts confirming that more than 16 billion usernames and passwords have been compromised in what’s being called the largest credential compilation ever discovered online.

    Although many of us have been desensitized to data breaches, this appears to be a much more sophisticated concentration of effort and information.

    This sprawling dataset has reportedly been compiled from more than 30 major data breaches and malware operations, includes logins to Apple, Facebook, Google, Telegram, GitHub, government portals, and countless other platforms.

    Stephen Fitzgerald (contributed photo)

    Unlike outdated credential dumps often circulated on the dark web, this breach appears to be fresh, well-organized, and primed for exploitation. Different from a singular, high-profile breach, this leak is a curated amalgamation of stolen credentials gathered through various types of infostealer malware—malicious programs that quietly harvest passwords, cookies, tokens, and session data from infected devices.

    The scale is staggering. Some of the individual datasets within the leak contain over 3.5 billion records; others range in the tens or hundreds of millions. While some overlap is expected, the sheer volume represents an expansive threat surface for both individuals and institutions.

    Cybersecurity researchers warn that this is not just another recycled breach. It is a “blueprint for mass cybercrime” as threat actors can use the stolen credentials to launch phishing attacks, hijack accounts, or impersonate users across platforms.  Many sophisticated campaigns require many different data points and accounts to be successful, and the discovery of a trove of information of this magnitude opens up possibilities previously thought unrealistic.

    Why It Matters

    It’s not just old data: Many of the credentials appear recently stolen and remain usable—posing an immediate threat.

    It spans nearly every major platform: Apple, Facebook, Google, Telegram, developer tools, and even government systems are implicated. If you’ve reused a password in the past few years, you could be at risk.

    A Need for Vigilance

    This incident underscores the evolving nature of cyber threats. Even without a direct breach of one’s account, malware can silently compromise login data and sell or release it in bulk. It is uncommon to know that an account’s information has been compromised before a breach happens; this should be considered a rare but welcome early warning for us all.

    Institutions rely on the diligence of the entire community to build a strong culture of security. Whether you’re a student accessing HuskyCT, a faculty member conducting research, or a staff member handling sensitive administrative information, credential protection is a shared responsibility.

    As students in the Analytics and Information Management (AIM) major in the UConn School of Business know, IT security is a multidimensional field that relies on people, processes, and technology.  To help satisfy student curiosity in the growing field of cybersecurity, our curricula include an IT Security concentration for majors and an Information Assurance minor for those outside of the major. For those interested in brushing up on their personal security, you can find suggestions below.

    What You Can Do Right Now

    Everyone should take proactive steps to safeguard their information. Here’s what you can do immediately:

    • Reset passwords—especially for anything sensitive such as email, banking, and privileged accounts.
    • Create long, unique passwords—aim for at least 16 characters using a mix of letters, numbers, and symbols. Use a phrase instead of a word to help you remember it!
    • Enable multi-factor authentication (MFA) on every account that supports it.
    • Consider using passkeys or a trusted password manager to generate and store complex credentials securely.
    • Check if your credentials were exposed using free services like https://haveibeenpwned.com/Passwords or Google’s Password Checkup.
      1. Note: haveibeenpwned is a trusted source in the security community, but if you are skeptical then you are exercising appropriate scrutiny!
    • Stay alert—watch for unfamiliar login attempts, password reset emails you didn’t request, or strange behavior on your accounts.

    People are (and likely always will be) the weakest link in security, but this is an opportunity for us all to prevent a future data breach, solidify our own security, and to collectively strengthen our community against malicious actors.

    Stephen Fitzgerald is the Academic Director of the Analytics and Information Management (AIM) Program at the School of Business. He previously worked as a learning and development consultant at Evisions and as a risk assurance professional at PwC.

    The AIM program (formerly MIS) is part of the Operations and Information Management Department at the School of Business. This fast-growing major preparing students with managing information and technology to drive business performance. The AIM program’s Information Security course is part of the foundation of the program.

    MIL OSI USA News –

    June 26, 2025
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