Category: Entertainment

MIL-OSI Russia: Musical victories: Polytechnic orchestra Ingenium conquers new heights

Translation. Region: Russian Federal

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

The fame of the orchestra of future engineers Ingenium is thundering. In April alone, it became a laureate of the first degree in two competitions, conquered applicants and their parents at the Open Day of the Polytechnic University and performed a big concert in the White Hall.

The Variety Symphony Orchestra became the successor of the symphony orchestra created by the first director of the Polytechnic Institute, Prince Andrei Grigorievich Gagarin, in 1907. But if at the beginning of the 20th century professional musicians also played in it, today the orchestra unites only Polytechnic students, graduates and, sometimes, applicants. There is only one professional musician in the group – the artistic director and chief conductor Dmitry MisyuraThe second conductor is Pavel Zhukov, a graduate of the Institute of Mechanical Engineering, Materials and Transport of SPbPU.

Despite the fact that music is a hobby of future engineers, their creative activity is growing exponentially. In early April, the orchestra became a first-degree laureate of the IV International Arts Competition and Prize “Embodiment of Mastery”. And in late April, the musicians presented Polytechnic University with first place in the Student Spring festival, the most significant annual creative competition of student groups from all universities in the North-West region of the country. The Polytechnicians won an unconditional victory among student orchestras and ensembles, leaving behind orchestras from ITMO, RSPU, SPbGIKiT, VKA Mozhaisky and other universities in the face-to-face competition.

The victory of our orchestra in the “Student Spring-2025” is quite natural, because the guys study a lot, and their performance level is constantly growing. Their great desire to play as part of the orchestra is important. The zeal with which future engineers come to rehearsals causes sincere admiration and certainly affects the quality of concert performances, – Dmitry Misyura is sure.

Today, the orchestra is capable of giving two concerts a day, as it did on April 27. During the day, Polytechnic students surprised potential Polytechnic students and their parents at the Open Day, and in the evening they gave a big solo concert in the White Hall. Moreover, all tickets were sold out two weeks before the event: getting to see the orchestra of future engineers is more luck, many want to hear this “oddity” in the scientific and musical world.

The orchestra, which has been playing in the new history of the university for more than ten years, recently acquired a special name – Ingenium. This Latin word has two roots and two meanings: an engineer capable of inventing, and a genius. This name is justified by the members of the group – SPbPU students, musically gifted and creatively thinking future engineers.

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 –

April 30, 2025

MIL-OSI Asia-Pac: LCQ14: Enticing international online celebrity to visit Hong Kong

Source: Hong Kong Government special administrative region

LCQ14: Enticing international online celebrity to visit Hong Kong
Question:

It has been reported that earlier on, an internationally renowned online celebrity live-streamed his activities on YouTube, a video-sharing website, during his visit to Hong Kong, attracting a large number of local and overseas fans to follow him physically, and the number of viewers of the relevant live streams has exceeded 10 million, thus bringing to Hong Kong international exposure that can hardly be ignored. There are views that online celebrities’ “decentralised and spontaneous high-profile events” of this kind enable viewers around the world to see the daily street situations in Hong Kong in real time, which is in line with the concept of “Tourism is everywhere in Hong Kong”. In this connection, will the Government inform this Council:

(1) as it has been reported that massive crowds of people were drawn by the aforesaid online celebrity when he was doing the live streams, whether the authorities will formulate plans to assist in maintaining public order during similar events in the future; if so, of the details; if not, the reasons for that;

(2) as there are views that the experience of the aforesaid online celebrity’s visit to Hong Kong attests to the high interactivity and cost-effectiveness of high-traffic online celebrities, whether the authorities will study stepping up efforts to entice them to visit Hong Kong and integrating such events into tourism promotional campaigns; if so, of the details; if not, the reasons for that; and

(3) as it has been reported that the aforesaid online celebrity had earlier on experienced a high-tech tour in Shenzhen, including riding in an amphibious vehicle, watching a robot dance and experiencing a food delivery service by drone, and such activities have demonstrated our country’s high level of technology to the international community, whether the authorities will draw up a list of high-tech projects for visits in Hong Kong to facilitate visits by international high-traffic online celebrities and overseas travellers; if so, of the details; if not, the reasons for that?

Reply:

President,

In respect of the question raised by the Dr Hon Dennis Lam, having consulted the Security Bureau and the Innovation, Technology and Industry Bureau (ITIB), the reply is as follows:

(1) The Police have always attached great importance to and endeavoured to maintain public safety and order. Regarding the live webcasting activities conducted by a Key Opinion Leader (KOL) in public places earlier, the Police had been keeping a close watch on the activities and making continuous assessment of the situation. The Police had also taken the initiative to liaise with the team of the KOL, so as to make timely manpower deployment when necessary, with a view to maintaining public safety and order. In case of similar activities in the future, the Police will, as in the past, closely monitor the situation and make timely assessment, and flexibly deploy police manpower to deal with any possible emergencies.

(2) “Seeing is Believing” forms the cornerstone of our strategic approach to showcase Hong Kong’s authentic appeal and diverse tourism offerings. The Hong Kong Tourism Board (HKTB) consistently invites KOLs, influencers, media, and industry partners from around the world to experience the city’s diverse charm firsthand, so as to promote Hong Kong tourism.

The HKTB has tailor-made a variety of thematic itineraries for these guests, covering Chinese and Western arts, pop culture, water and harbour experiences, traditional festivities, gastronomy and outdoor exploration. This aims to create positive word-of-mouth through their personal experiences by leveraging their vast influence, with a view to attracting more visitors to come to Hong Kong.

In 2024, the HKTB proactively invited more than 2 600 KOLs, influencers, media and trade partners from different source markets (including the Mainland, Southeast Asia, Taiwan, Japan, South Korea and long-haul markets) to visit Hong Kong. Counting only KOLs, the HKTB proactively invited over 620 KOLs from local, the Mainland, and overseas markets in 2024 to experience Hong Kong and tell the world the good stories of Hong Kong through their first-hand travel experiences. Collectively, these KOLs have a fan base of approximately 380 million.

The top 10 KOLs invited by the HKTB in 2024 are as follows:

KOLThis year, the HKTB continues to take proactive measures. In the first quarter, the HKTB invited over 650 KOLs, influencers, media, and industry partners to come to Hong Kong to create positive exposure. Particularly during the “Hong Kong Super March”, the HKTB collaborated with nearly 100 KOLs and celebrities from various countries and regions (including the Mainland, Taiwan, the UK, Australia, South Korea, Thailand, Indonesia), who shared their first-hand experiences on social media, reaching over 50 million followers. Notable participants included South Korean actor Wi Ha-joon, who starred in Netflix’s hit series Squid Game 2, world number one snooker player Judd Trump, Mainland Chinese singer Zhang Yuan, rising Thai stars Boss and Noeul, former British rugby player Ryan Wilson and Indonesian artist Eva Alicia.

Looking ahead, the HKTB will adhere to the strategy of “Seeing is Believing” and invite more globally renowned KOLs, media, and industry representatives to visit Hong Kong, spreading its unique charm worldwide and attracting more visitors to make advance plans to travel to Hong Kong.

The HKTB stands ready to provide appropriate support to KOLs who are interested in visiting and promoting Hong Kong tourism, subject to evaluation of various factors including the size of their fanbase, their social media posts engagement rates, their professional status and image, whether they tie in with the target source markets and marketing strategies, with the aim of leveraging their first-hand experiences to showcase Hong Kong’s unique charm.

(3) According to the ITIB, the Government is dedicated to promoting Hong Kong’s innovation and technology (I&T) development by leveraging Hong Kong’s advantages as an international city to foster global I&T collaboration. The two I&T flagships (Hong Kong Science and Technology Parks Corporation and Cyberport) support tech enterprises to expand their network of collaborative partners in the Mainland and overseas markets as well as liaise with their I&T park enterprises and the I&T sector, actively participate in international or regional conferences and exhibitions, with a view to promoting commercialisation of research and development outcomes as well as the products to both the Mainland and overseas markets.

Regarding the HKTB’s initiative of inviting KOLs, influencers, media, and industry partners to come to Hong Kong and tailor-making a variety of thematic itineraries, the HKTB stands ready to incorporate different elements (including those related to technology) into the itineraries to showcase Hong Kong’s characteristics, thereby promoting Hong Kong’s appeal and attracting more visitors to come to Hong Kong.
Issued at HKT 11:55

NNNN

MIL OSI Asia Pacific News –

April 30, 2025

MIL-OSI Asia-Pac: IGNCA Honours Padma Awardees in a Celebratory Gathering

Source: Government of India

Posted On: 29 APR 2025 10:05PM by PIB Delhi

A grand felicitation ceremony was held at the Indira Gandhi National Centre for the Arts (IGNCA) on Tuesday to honour five distinguished personalities who have been conferred with the Padma Shri award for their outstanding contributions in the fields of art and temple architecture. The IGNCA specially invited these eminent figures to recognise and celebrate their exemplary work. The awardees honoured at the event included: renowned art historian Prof. Ratan Parimoo for his contributions to the field of art; eminent musicologist and educationist Prof. Bharat Gupt for his work in the field of classical arts; acclaimed sculptor Shri Adwaita Charan Gadanayak; distinguished temple architect Shri Radhakrishnan Sthapathy; and celebrated Maand and Bhajan singer Begum Batool for her contribution to the preservation and performance of traditional music. The event was envisioned by Dr. Sachchidanand Joshi, whose initiative brought together this celebration of distinguished contributions. It was presided over by Padma Vibhushan Dr. Sonal Mansingh, renowned Nritya Guru, scholar, and former Rajya Sabha member, who chaired the session with grace and insight.

In her address, Dr. Sonal Mansingh began by warmly congratulating the Padma awardees and acknowledged their contributions as an integral part of India’s cultural heritage. She remarked that such individuals serve as an inspiration to society and play a vital role in preserving and sustaining our traditions. Reflecting on the unique spirit of the IGNCA, Dr. Mansingh observed that those who become associated with the institution often develop a bond that endures for a lifetime. She reaffirmed IGNCA’s standing as a centre of excellence, recognised for fulfilling its responsibilities with precision, consistency, and unwavering commitment. Even the most demanding tasks, she remarked, are carried out with exceptional efficiency and integrity at IGNCA. She added that this

‘National Centre for the Arts’ stands as a true emblem of Indian art.

On this occasion, Member Secretary of IGNCA, Dr. Sachchidanand Joshi, in his welcome address, remarked that each of the Padma Shri awardees being honoured shares, in one way or another, a deep connection with the Indira Gandhi National Centre for the Arts. He expressed that it is a matter of pride and honour for IGNCA to be able to felicitate such distinguished scholars from its own platform. Referring to Adwaita Gadanayak, he said, “Adwaita is truly Advitiya (unique).” Dr. Joshi affectionately addressed Begum Batool as an elder sister and highlighted that Radhakrishnan Sthapathy, though a trained engineer by profession chose to leave engineering behind to carry forward his father’s tradition of temple architecture. He emphasised that the bond being celebrated today is not merely one of recognition, but of a deeply rooted familial and emotional connection with IGNCA.

Reflecting on the significance of this year’s Padma Awards, Dr. Joshi noted that while the annual announcements always bring pride, this year felt particularly personal. On the night the honours were declared, he personally called twenty-two individuals to extend his congratulations. Among those recognised were President of IGNCA, Shri Ram Bahadur Rai, conferred with the Padma Bhushan, and Trustee of IGNCA, Shri Vasudev Kamath, along with Prof. Bharat Gupt-both recipients of the Padma Shree. Their long-standing and meaningful association with IGNCA, like that of the other awardees being felicitated, made this celebration especially memorable.

Prof. Sudhir Lall, HoD, Kalakosh Division, IGNCA, offered an insightful introduction to the distinguished contr

ibutions of Prof. Bharat Gupt and Prof. Ratan Parimoo, highlighting their enduring impact in the realms of classical thought and art history. Prof. Achal Pandya, HoD, Conservation and Cultural Archives Division, IGNCA, elaborated on the life and work of Shri D. Radhakrishnan Sthapathy, drawing attention to his dedication to the sculptural traditions of South India and his commitment to preserving indigenous forms. Prof. Richa Kamboj, HoD, Kaladarsana Division, IGNCA, presented a comprehensive profile of Shri Adwaita Gadanayak, delving into his significant achievements as a sculptor and arts administrator. Shri Anurag Punetha, Controller, Media Centre, IGNCA, introduced Begum Batool with warmth and reverence, offering a detailed account of her contributions to the preservation and promotion of oral and folk traditions.

On this occasion, all five Padma Shri awardees also shared their thoughts and expressed their heartfelt gratitude to IGNCA for organising this felicitation ceremony. Begum Batool delighted the audience by singing the famous Rajasthani folk song “Kesariya Balam Padharo Mhare Des” in her resonant voice.

Held at the Samvet Auditorium, the event saw participation from scholars, students, and art connoisseurs from Delhi and across the country. The speakers lauded the contributions of the awardees, describing them as guardians of India’s cultural consciousness. Organised by IGNCA, the ceremony was not only a gesture of honour but also an inspiring initiative to carry forward the legacy of Indian artistic traditions to the younger generation.

*****

Sunil Kumar Tiwari

pibculture[at]gmail[dot]com

(Release ID: 2125327) Visitor Counter : 37

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: PM to visit Maharashtra, Kerala and Andhra Pradesh on 1st and 2nd May

Source: Government of India

PM to visit Maharashtra, Kerala and Andhra Pradesh on 1st and 2nd May

PM to inaugurate the World Audio Visual and Entertainment Summit (WAVES) in Mumbai

India to host the Global Media Dialogue with Ministerial participation from around 25 countries

PM to dedicate to the nation Vizhinjam International Deepwater Multipurpose Seaport in Kerala

It is India’s first dedicated container transshipment port

PM to lay the foundation stone, inaugurate and dedicate to the nation multiple development projects worth over Rs 58,000 crore in Amaravati

In a major boost to connectivity in the region, PM to inaugurate and lay the foundation stone of multiple road and rail projects in Andhra Pradesh

Posted On: 30 APR 2025 1:00PM by PIB Delhi

Prime Minister Shri Narendra Modi will visit Maharashtra, Kerala and Andhra Pradesh on 1st and 2nd May. He will travel to Mumbai on 1st May, and at around 10:30 AM, he will inaugurate the World Audio Visual and Entertainment Summit (WAVES).

Thereafter he will travel to Kerala and on 2nd May, at around 10:30 AM, he will dedicate to the nation Vizhinjam International Deepwater Multipurpose Seaport. He will also address the gathering on the occasion.

Further, he will travel to Andhra Pradesh and at around 3:30 PM, he will lay the foundation stone, inaugurate and dedicate to the nation multiple development projects worth over Rs 58,000 crore in Amaravati. He will also address the public function.

PM in Maharashtra

Prime Minister will inaugurate WAVES 2025, India’s first-of-its-kind World Audio Visual and Entertainment Summit at the Jio World Centre, Mumbai. The four-day summit with tagline “Connecting Creators, Connecting Countries” is poised to position India as a global hub for media, entertainment, and digital innovation by bringing together creators, startups, industry leaders, and policymakers from across the world.

In line with Prime Minister’s vision of leveraging creativity, technology, and talent to shape a brighter future, WAVES will integrate films, OTT, gaming, comics, digital media, AI, AVGC-XR, broadcasting, and emerging tech, making it a comprehensive showcase of India’s media and entertainment prowess. WAVES aims to unlock a $50 billion market by 2029, expanding India’s footprint in the global entertainment economy.

At WAVES 2025, India will also host the Global Media Dialogue (GMD) for the first time, with ministerial participation from 25 countries, marking a milestone in the country’s engagement with the global media and entertainment landscape. The Summit will also feature the WAVES Bazaar, a global e-marketplace with over 6,100 buyers, 5,200 sellers, and 2,100 projects. It aims to connect buyers and sellers locally and globally, ensuring wide-reaching networking and business opportunities.

Prime Minister will visit the Creatosphere and interact with creators, selected from the 32 Create in India Challenges launched nearly a year ago, which garnered over one lakh registrations. He will also visit the Bharat Pavilion.

WAVES 2025 will witness participation from over 90 countries, with more than 10,000 delegates, 1,000 creators, 300+ companies, and 350+ startups. The summit will feature 42 plenary sessions, 39 breakout sessions, and 32 masterclasses spanning diverse sectors including broadcasting, infotainment, AVGC-XR, films, and digital media.

PM in Kerala

Prime Minister will dedicate to the nation Vizhinjam International Deepwater Multipurpose Seaport worth Rs 8,900 crore. It is country’s first dedicated container transshipment port that represents the transformative advancements being made in India’s maritime sector as part of the unified vision of Viksit Bharat.

Vizhinjam Port, having strategic importance, has been identified as a key priority project which will contribute in strengthening India’s position in global trade, enhance logistics efficiency, and reduce reliance on foreign ports for cargo transshipment. Its natural deep draft of nearly 20 meters and location near one of the world’s busiest sea trade routes further strengthens India’s position in global trade.

PM in Andhra Pradesh

Prime Minister will inaugurate, lay the foundation stone and dedicate to the nation multiple development projects worth over Rs 58,000 crore in Amaravati.

In line with his commitment to ensure world-class infrastructure and connectivity across the country, Prime Minister will inaugurate 7 National Highway projects in Andhra Pradesh. These Projects include widening of various sections of National Highways, construction of Road over bridge and subway among others. These projects will further enhance road safety; create employment opportunities; provide seamless connectivity to religious and tourist places like Tirupati, Srikalahasti, Malakonda and Udayagiri Fort among others.

Prime Minister will also dedicate to the nation railway projects aimed at enhancing connectivity and boosting capacity. These projects are doubling of the rail line between Bugganapalle Cement Nagar and Panyam stations, enhancing connectivity between Rayalaseema and Amaravati and construction of a third rail line between New West Block Hut Cabin and Vijayawada stations.

Prime Minister will also lay the foundation stone of 6 National Highway projects and one Railway project. These Projects include widening of various sections of National highways; construction of elevated corridor, half clover leaf and Road over bridge among others. These projects will improve connectivity, inter-state travel, reduce congestion and improve overall logistics efficiency. Construction of Rail over Rail between Guntakal West and Mallappa gate stations aims to bypass freight trains and reduce congestion at the Guntakal Junction.

Prime Minister will lay the foundation stone for multiple infrastructure projects that include the Legislative Assembly, High Court, Secretariat, other administrative buildings and housing buildings for over 5,200 families, worth over Rs 11,240 crore. It will also include trunk infrastructure and flood mitigation projects featuring a 320 km world-class transport network with underground utilities and advanced flood management systems, worth over Rs 17,400 crore. The Land Pooling Scheme Infrastructure projects will cover 1,281 km of roads equipped with central medians, cycle tracks, and integrated utilities across the capital city of Amaravati, worth over Rs 20,400 crore.

Prime Minister will also lay the foundation stone of Missile Test Range at Nagayalanka in Andhra Pradesh worth around Rs 1,460 Crore. It will comprise a launch center, technical instrumentation facilities, Indigenous Radars, Telemetry and Electro-Optical systems enhancing the country’s defence preparedness.

Prime Minister will lay the foundation stone of PM Ekta Mall at Madhurawada in Visakhapatnam. It has been envisioned with the objective of fostering national integration, supporting the Make in India initiative, promoting One District One Product, generating employment opportunities, empowering rural artisans, and enhancing the market presence of indigenous products.

***

MJPS/SR

(Release ID: 2125406) Visitor Counter : 96

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI: Aurora Mobile’s GPTBots.ai Integrates Alibaba’s Qwen3 Model to Continuously Deliver Cutting-Edge AI for Enterprises
Source: GlobeNewswire (MIL-OSI)

SHENZHEN, China, April 30, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced the integration of Alibaba’s Qwen3 model family into its leading enterprise-grade AI platform GPTBots.ai, marking a significant step forward in delivering state-of-the-art AI solutions tailored for enterprise needs. The integration enhances GPTBots.ai’s ability to provide businesses with unparalleled performance, multilingual capabilities, and advanced reasoning, further solidifying its position as a leader in AI-powered enterprise transformation.

Enhancing Multilingual Capabilities and Hybrid Reasoning to Drive Business Innovation

The integration of Qwen3 into GPTBots.ai brings a host of advanced capabilities that are perfectly aligned with the demands of modern enterprises:
- Hybrid Reasoning for Complex and Routine Tasks
  Qwen3’s hybrid reasoning functionality empowers GPTBots.ai to handle a wide range of tasks with precision and efficiency. The “thinking” mode excels at solving intricate problems, while the “non-thinking” mode delivers rapid responses for routine inquiries, ensuring businesses can optimize both speed and accuracy.
- Enhanced Multilingual Support
  With support for 119 languages and dialects, Qwen3 significantly strengthens GPTBots.ai’s ability to serve global enterprises. This ensures seamless communication and localization, empowering businesses to engage with diverse audiences and markets effectively.
- Flagship Model Breakthrough: The All-in-One Task Expert
  Powered by the flagship Qwen-3-235B model and the Qwen-3-30B lightweight version, GPTBots.ai’s integration of the Qwen 3.0 matrix delivers industry-leading performance in code generation, mathematical reasoning, and instruction execution.
- Qwen-3-235B: With exceptional computational power, it excels at complex logical reasoning and multimodal content generation, making it ideal for heavy-duty tasks such as enterprise-level data analysis and strategic decision-making.
- Qwen-3-30B: Optimized for private deployment, this lightweight model is designed for efficient resource utilization in localized servers and private cloud environments. Tailored for industries like finance, government, and manufacturing, it ensures data sovereignty and compliance while allowing parameter fine-tuning to adapt to specific business workflows. This ensures system stability and flexible AI deployment.
- Seamless Integration with Enterprise Systems
  GPTBots.ai leverages Qwen3’s capabilities to seamlessly integrate with ERP, CRM, CMS, and other enterprise systems. This ensures businesses can break down data silos, streamline workflows, and achieve real-time insights into customer behavior, market trends, and operational performance.
Streamlining SOPs to Redefine Enterprise Operations

The integration of Qwen3 aligns seamlessly with GPTBots.ai’s mission to “Reimagine Enterprise Efficiency with AI.” By combining advanced technology with scenario adaptability, GPTBots.ai delivers three core value enhancements:

● Automated SOPs: Unlocking Workforce Potential
GPTBots.ai’s AI agents enable 24/7 automation for SOP-driven tasks like customer support, data entry, and report generation, significantly boosting efficiency and cutting labor costs. Supporting 90+ languages, the platform handles high-frequency queries such as order tracking, logistics updates, and return policies with over 90% automation accuracy, reducing customer service costs by 70%. Additionally, real-time integration with ERP and CRM systems automates multi-dimensional reporting, minimizing errors and enabling employees to focus on strategic and creative tasks.

● Global, Round-the-Clock Service: Reaching Diverse Audiences
With robust multilingual capabilities, GPTBots.ai ensures “native-level” service experiences across 119 languages and dialects, facilitating seamless cross-cultural communication. From English support in North America to Spanish after-sales in Latin America, the platform adapts to local languages and cultural nuances, enhancing customer satisfaction and boosting repurchase rates.

● Data-Driven Decision Making: Real-Time Insights
Powered by Qwen3’s advanced reasoning capabilities, GPTBots.ai provides real-time, actionable insights by analyzing operational data. It identifies potential best-sellers from sales data, uncovers customer pain points for personalized recommendations, and monitors market trends to inform proactive strategies. Seamless integration with ERP, CRM, and BI systems ensures real-time data updates, improving decision-making efficiency by 50%.

GPTBots.ai Founder, Chris Lo, stated, “The integration of Qwen3 marks a significant upgrade in our technological capabilities. By tackling operational pain points in standardized processes, we aim to deliver cost reduction without compromise and efficiency powered by intelligence. Moving forward, we will continue to integrate cutting-edge technologies that empower our clients to build sustainable competitive advantages throughout their digital transformation journey.”

About GPTBots.ai

GPTBots.ai is a complementary general-purpose LLM AI bot featuring private data input and continuous fine-tuning, which can replace ‘rule-based’ chatbots, improve user experience, and reduce costs. GPTBots.ai aims to provide users with an end-to-end business platform that can seamlessly integrate robots into existing applications and workflows via plug-ins. GPTBots.ai also allow users to have great access to, and more efficiently and effectively using, AIGC to improve overall corporate productivity and output quality.

To know more, please visit https://www.gptbots.ai.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

For more information, please visit https://ir.jiguang.cn/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For more information, please contact:

Aurora Mobile Limited
E-mail: ir@jiguang.cn

Christensen

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com

In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

The MIL Network –
April 30, 2025
MIL-OSI United Kingdom: Manchester launches annual State of the City Report

Source: City of Manchester

The latest State of the City report, detailing Manchester’s progress in delivering its 10-year strategy, comes at a pivotal moment.

It is published as the current 2015-25 Our Manchester Strategy period concludes, and the city prepares to launch its new strategy for the next decade.

The annual State of the City report provides a snapshot of how the city has progressed and where deep-rooted challenges are being addressed.

Bev Craig, Leader of Manchester City Council, said: “This is a significant year for Manchester as we prepare to launch the new Our Manchester Strategy which will guide the city for the next decade, and reflect on the progress we have collectively made in the last 10 years.

“Our annual State of the City report enables us to chart that progress as well as the challenges that still remain.

“The report demonstrates Manchester’s dynamism as we continue to see strong population and economic growth and begin to see the impact of a raft of initiatives to tackle inequalities and ensure that everyone is included in the city’s success. That includes overseeing the building of more council, social and genuinely affordable homes than at any time in the last 15 years.

“We’re also investing in improving neighbourhoods across the city. Progress is being made. But while Manchester is now firmly established among leading European cities, and is one of the fastest growing, we are focused on taking that success to the next level – and taking all Mancunians with us.”

The State of the City report assesses progress against the 2015-25 Our Manchester Strategy’s five key themes:

A Thriving and Sustainable City

In 2024, Manchester’s population continued to grow, driven primarily by international migration and a rise in student numbers. This growth has had a positive impact on the city’s overall development, particularly in the city centre, which remains a central hub for economic growth, benefiting both Manchester itself and the wider region.

The demand for office space in Manchester remains robust, with 2024 expected to see record levels of leasing activity for office spaces, marking a significant milestone in the post-pandemic recovery. Additionally, the Oxford Road corridor continues to attract large-scale investments, such as the launch of City Labs 4.0 and new office and research opportunities on Upper Brook Street, alongside the approval of a strategic regeneration framework for Sister – a new innovation district and global science hub.

Manchester’s cultural, tourism, and leisure sectors have also seen a surge in visitor numbers throughout 2024. Aviva Studios and Co-op Live have quickly become key venues, drawing in crowds for major music and cultural events. At the same time, investment in the city’s district centres, supported by Government funding secured by the Council has led to noticeable progress, particularly in areas like Wythenshawe, Gorton, Moston and Withington with impetus to expand this to high streets across the city.

A Highly Skilled City

As Manchester’s population continues to grow, the city’s workforce has also expanded, with 426,000 people in employment. Most schools in the city are now rated as good or outstanding. Additionally, more young people are pursuing post-16 education, with an increase in capacity at various colleges and schools, although this remains an ongoing challenge.

Manchester continues to attract and retain a large number of graduates, which contributes to the city’s thriving workforce. Economic growth has been fueled by the rise of highly skilled jobs in industries such as digital technology, biotechnology, and advanced materials.

However, there are still significant levels of economic inactivity, particularly due to poor health. To address this, a variety of programs have been introduced to help individuals access employment opportunities and improve their skills.

Targeted initiatives have focused on specific sectors and employers, with local job fairs and customised support programs being backed by various funding schemes. As part of the city’s efforts to achieve UNICEF Child Friendly City status, partnerships between schools and employers have been established.

Furthermore, Manchester has earned the designation of a UNESCO City of Lifelong Learning, a step forward in supporting adult education and lifelong learning. In addition to these efforts, significant programs are underway to create green jobs, aligning with the growing demand for sustainable employment in the economy.

A Progressive and Equitable City

Making Manchester Fairer is the city’s five-year action plan aimed at tackling health inequalities across Manchester. In 2024, key milestones included the delivery of one million meals through the Manchester Food Board Partnership and the continued support of local initiatives via the In Our Nature project, which is designed to help communities across the city.

The ongoing cost-of-living crisis has left 100,000 households with less than £30 per month in disposable income. To support these households, Manchester has provided a range of services, including free school meals, digital inclusion initiatives, a dedicated advice line, and direct financial support through a household support fund.

Homelessness remains a significant challenge, with a high number of people presenting as homeless each year. However, there has been progress, with the use of B&B accommodation for families all but eradicated, a decrease in rough sleeping, and fewer individuals in temporary accommodation.

Alongside this, a new Children and Young People’s Plan for 2024-2027 has been developed, informed by the voices of children and young people. This plan emphasises prevention and early intervention, aiming to help young people stay safe and thrive within their communities.

As part of the UNICEF Child Friendly City program, 11,000 children shared their views, and in January 2024, key priorities were established, including ensuring children are safe and secure, have a sense of place, and lead healthy lives. In addition, the city continues to prioritise addressing health inequalities through a variety of public health measures, which remain central to the “Making Manchester Fairer” initiative.

A Liveable and Zero Carbon City

The Housing Strategy 2022-2032 sets an ambitious target of constructing 36,000 homes, with at least 10,000 of those being affordable.

In its first two years, significant progress has already been made. Last year 600 affordable homes were completed with a further 1,500 on site and a further 1,450 in the pipeline – meaning Manchester is on track to meet this target.

To further support housing development, Strategic Regeneration Frameworks have been introduced in key areas across the city, including Victoria North, Grey Mare Lane, Strangeways, and Holt Town, which will see large numbers of new homes including affordable homes built. Additionally, a retrofit programme is in place, aiming to improve the energy efficiency of a third of the homes managed by the Manchester Housing Providers Partnership by 2032.

Manchester has made progress in reducing its carbon emissions, with a 5% decrease in 2022 (the latest data available). However, more work is needed to meet long-term sustainability targets. To accelerate efforts, a new framework for the period of 2025-2030 is currently under development.

Safety remains a top priority for residents, and the Manchester Community Safety Partnership has rolled out several key initiatives to address the city’s main concerns.

Meanwhile, Manchester’s parks and green spaces have seen a significant increase in activity, with a 7% rise in the number of events and activities hosted in 2024.

The launch of Always, Everywhere: the Manchester Culture Ambition in 2024 followed extensive consultation and marked a significant step forward for the city’s cultural development. The English National Opera (ENO) also announced its move to Manchester, and the completion of HOME Arches provides a new creative workspace for the city’s artists and innovators.

In the sporting realm, Manchester hosted 24 major sporting events in 2024, further solidifying its reputation as a sporting hub. Additionally, the city was named the first European Capital of Cycling, showcasing its commitment to sustainable transport and active living.

A Connected City

In collaboration with Transport for Greater Manchester (TfGM), significant road improvements are currently underway on Whitworth Street West and Deansgate. These upgrades are part of the city’s broader efforts to enhance its infrastructure and transportation network.

Manchester has also developed an ambitious plan to expand Electric Vehicle charging across the city, supporting the transition to greener transportation options. This initiative is a key part of the city’s strategy to promote sustainability and reduce carbon emissions.

The Bee Network, an integrated public transport system for Greater Manchester, continues to grow and improve. All remaining buses in the city were franchised and brought under local control, further streamlining the public transport experience for residents.

Additionally, 14 active travel schemes focused on walking and cycling are either underway or in the planning stages. These initiatives aim to promote healthier, more sustainable travel options, making it easier for residents to choose active modes of transport.

MIL OSI United Kingdom –

April 30, 2025
MIL-OSI: Cheems Memecoin Defies Global Economic Turmoil with Astonishing 3,541% Year-Over-Year Surge

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) — In a stunning turn of events amid global financial uncertainty, Cheems ($CHEEMS), a lighthearted memecoin inspired by the iconic Shiba Inu character, has skyrocketed by 3,541% over the past year with its market cap eclipsing $300 million. This explosive growth defies broader market trends that have been shaken by increasing stock market volatility and rising geopolitical tensions impacting global trade.

Cheems’ performance over the past 12 months has not only surprised investors but has also cemented its position as a leading force in the memecoin arena. With more than 85,000 holders, over 1.8 million on-chain transfers, and an average daily trading volume exceeding $8 million on major exchanges including Binance, Cheems is proving that internet culture and decentralized finance (DeFi) can form a powerful and resilient combination.

Analysts attribute this extraordinary rise to Cheems’ active and humorous online presence, strong community engagement, and its ability to stay relevant in an ever-shifting market. The token’s smart contract security, transparency, and loyal community have turned it from a meme into a movement. Its unique blend of humor and purpose is resonating with a new generation of crypto investors who value both entertainment and innovation.

Christian, core developer of Cheems and founder of Infini, shared his thoughts on the achievement:

“Cheems isn’t just riding the memecoin wave—it’s shaping it. Hitting $8 million in daily trading volume on Binance signals that our community and the broader market recognize the real potential behind this movement. As we continue building, we are committed to maintaining this momentum and ensuring long-term growth for our holders.”

Cheems’ momentum has also been fueled by its increasing presence in pop culture and the broader crypto narrative. With viral memes, influencer endorsements, and trending hashtags, Cheems has managed to stay top-of-mind in an industry that often moves at lightning speed. The project’s creative marketing campaigns and grassroots support have helped it reach audiences far beyond traditional crypto circles, attracting casual users, NFT collectors, and even institutional traders curious about the power of meme economics.

Looking ahead, the Cheems development team has hinted at exciting road map milestones, including a play-to-earn game, a cross-chain bridge to expand utility beyond BNB Chain, and a charitable initiative to support animal welfare causes worldwide. As the token matures, Cheems aims to balance its playful brand with long-term value creation, showing that memecoins can evolve into purpose-driven platforms while retaining the fun that made them famous.

About Cheems

Cheems is a community-first memecoin built on the BNB Chain, known for its playful roots and strong digital culture presence. Launched to embody the spirit of internet humor, Cheems has quickly evolved into a serious contender in the meme asset space. Its mission is to create value through fun, transparency, and utility while bringing the crypto world closer to everyday internet users.

Media Contact:
Cheems Foundation
contact@cheems.pet

Join the Cheems Community:
Twitter: @lordcheems_bsc
Telegram: t.me/LordCheems_Bsc
Website: https://cheems.pet

Disclaimer: This press release is provided by Cheems Foundation. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

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 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.

The MIL Network –

April 30, 2025
MIL-OSI United Kingdom: Ebrington to mark 80th anniversary of Battle of the Atlantic surrender

Source: Northern Ireland – City of Derry

Ebrington to mark 80th anniversary of Battle of the Atlantic surrender

30 April 2025

One of the most significant moments in world history will be commemorated in Derry next month with a special event to mark 80 years since the surrender of the Battle of the Atlantic, and the end of a fierce struggle to protect vital shipping lines that claimed over 100,000 lives during World War II.

While the world reflects on the 80^th anniversary of VE Day, the occasion will be marked locally by looking back on the city’s role, and the moment when Derry made the headlines across the globe. On May 14^th 1945, the world looked on as the first eight German U-boats surrendered to Admiral Sir Max Horton at Lisahally and the German crew were marched through Ebrington Square, where there was relief and jubilation that the prolonged conflict had come to an end.

On May 17^th BOA80 in Ebrington Square will recreate scenes from the bustling international base of the 1940’s, as living history characters bring the historic surrender of the Nazi U-Boat fleet and the conclusion of World War II to life. There will also be live music and entertainment reflecting the huge cultural transformation of the time.

The event is organised by Derry City and Strabane District Council, looking back at a historic era when Derry was a major strategic command centre in the fight for control of the Atlantic Sea Routes. Lisahally was used for repairing and refuelling the Allied warships and served as one of the main escort bases for the northwest approaches. The collections on display and themes on the day will form part of a major gallery in the upcoming DNA Museum, and the event will be held just outside the buildings where DNA will be located.

Looking ahead to the BOA25 event, Mayor of Derry and Strabane, Councillor Lilian Seenoi Barr said it was an opportunity to reflect on what was a pivotal moment in history. “Derry is a city steeped in history and often we forget its strategic importance during World War II, although in terms of global significance it played a huge role. The billeting of Allied servicemen here during that time also had a major cultural influence here in the city, where people mingled with the US and Canadian forces.

“There was much celebration when eventually the surrender was announced. At a time when we’re sadly all too aware of the devastating impacts of war, it’s important that we take lessons from the past and reflect on the importance of following alternative pathways towards peaceful resolution and diplomacy.”

Council’s Head of Culture, Aeidin McCarter, said the programme would recreate a sense of the historic significance of the occasion. “We want to give people a snapshot of the era by reenacting some of the events of the day, and the atmosphere of celebration as the city was freed from the shadow of the war. Through our living history characters we will retell the story and give people a glimpse of 1945 Derry through the music and fashion from the day.

“In the days before the event the Tower Museum team will also deliver a series of WII workshops for schools to raise awareness of the historic events and also the city’s vital role in bringing the conflict to an end. It will be an opportunity for people to view some of the Museum Service’s WWII collections and to step back in time to 1945 Derry as local people prepared to embrace peace after the turmoil of life during the war. Our team are excited to share the progress for the new DNA Museum on the day also.”

In advance of the event, on May 13^th from 10.30am – 12.30pm, Strathfoyle Library will host a special talk by local historians Pearse Henderson and David Jenkins to help set the scene, focusing on the impact of the surrender on the people living in the local area. People are encouraged to bring along artefacts from the time to help capture personal stories and memories of the historic time.

On the day itself, enjoy live performances of the music of the roaring 40’s and see how the fashion of the time began to reflect the international influence of the troops. Military vehicles including a replica spitfire will set the scene for the historic reenactments throughout he afternoon.

May 17^th is also National Drawing Day, and local artist Chris Walker will be on site at Ebrington to help visitors capture the day in a series of live sketching sessions. Chris will focus on some of the historic buildings, bridges and sculptures across Ebrington Square, helping budding artists learn to sketch, understand composition and pick up some tips. Bookings are not required and all materials will be provided.

BOA80 will begin at 12noon – entry is free and all are welcome

MIL OSI United Kingdom –

April 30, 2025
MIL-OSI: Combined General Shareholders’ Meeting of May 22, 2025: availability of preliminary documents
Source: GlobeNewswire (MIL-OSI)

Press Release
VELIZY-VILLACOUBLAY, France — April 30, 2025

COMBINED GENERAL SHAREHOLDERS’ MEETING
OF MAY 22, 2025

Availability of preliminary documents

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) informs its shareholders that its Combined Shareholders’ Meeting will be held on Thursday, May 22, 2025 at 3:00 pm at Dassault Systèmes’ headquarters, 10 rue Marcel Dassault – 78140 Vélizy-Villacoublay.

The preliminary notification stating the agenda and the draft resolutions was published in the Bulletin des Annonces Légales Obligatoires (BALO) on April 14, 2025, and is available on Dassault Systèmes’ website at the following address: https://investor.3ds.com/shareholders-meeting/home.

The convening notice stating the agenda will be published on May 2, 2025 in the BALO and will be made available at the foregoing address.

Documents and information relating to this meeting and especially information provided by the article R.22-10-23 of the French Commercial code, are available to the shareholders at the foregoing internet address. They will also be available at Dassault Systèmes’ headquarters.

Shareholders are invited to consult the Dassault Systèmes’ 2024 Universal Registration Document, filed on March 18, 2025 with the Autorité des marchés financiers (AMF) and available on Dassault Systèmes’ website at the forgoing internet address. It provides a major part of information mentioned in the article R.225-83 of the French Commercial code.

###

ABOUT DASSAULT SYSTÈMES

Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

Dassault Systèmes Investor Relations Team                FTI Consulting
Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
+33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
investors@3ds.com

Dassault Systèmes Press Contacts
Corporate / France
Arnaud Malherbe: +33 1 61 62 87 73
arnaud.malherbe@3ds.com

© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

Attachment
- Combined General Shareholders’ Meeting of May 22, 2025: availability of preliminary documents
The MIL Network –
April 30, 2025
MIL-Evening Report: Inaccurate 1News reporting on football violence breached broadcasting standards, rules BSA

Broadcasting Standards Authority

New Zealand’s Broadcasting Standards Authority (BSA) has upheld complaints about two 1News reports relating to violence around a football match in Amsterdam between local team Ajax and Israel’s Maccabi Tel Aviv.

The authority found an item on “antisemitic violence” surrounding the match, and another on heightened security in Paris the following week, breached the accuracy standard.

In a majority decision, the BSA upheld a complaint from John Minto on behalf of Palestine Solidarity Network Aotearoa (PSNA) about reporting on TVNZ’s 6pm 1News bulletin on 9 November 2024.

This comprised a trailer reporting “antisemitic violence”, an introduction by the presenter with “disturbing” footage of violence against Israeli fans described by Amsterdam’s mayor as “an explosion of antisemitism”, and a pre-recorded BBC item.

TVNZ upheld one aspect of this complaint over mischaracterised footage in the trailer and introduction. This was originally reported as showing Israeli fans being attacked, but later corrected by Reuters and other outlets as showing Israeli fans chasing and attacking a Dutch man.

“The footage contributed to a materially misleading impression created by TVNZ’s framing of the events, with an emphasis on antisemitic violence against Israeli fans without acknowledging the role of the Maccabi fans in the violence – despite that being previously reported elsewhere,” the BSA found.

A majority of the authority found TVNZ did not make reasonable efforts to ensure accuracy.

It considered the background to the events was highly sensitive and more care should have been taken to not overstate or adopt, without question, the antisemitic angle.

The minority considered it was reasonable for TVNZ to rely on Reuters, the BBC and Dutch officials’ description of the violence as “antisemitic”, in a story developing overseas in which not all facts were clear at the time of broadcast.

The authority considered TVNZ should have issued a correction when it became aware of the error with the footage. It therefore found the action taken was insufficient, but considered publication of the BSA’s decision to be an adequate remedy in the circumstances.

[embedded content]
Western media’s embarrassing failures on Amsterdam violence. Video: AJ’s The Listening Post

In a separate decision, the authority upheld two complaints about a brief 1News item on 15 November 2024 reporting on heightened security in Paris in the week following the violence.

The item reported: “Thousands of police are on the streets of Paris over fears of antisemitic attacks . . . That’s after 60 people were arrested in Amsterdam last week when supporters of a Tel Aviv football team were pursued and beaten by pro-Palestinian protesters.”

TVNZ upheld both complaints under the accuracy standard on the basis the item “lacked the nuance” of earlier reporting on Amsterdam, by omitting to mention the role of the Maccabi fans in the lead-up to the violence.

The authority agreed with this finding but determined TVNZ took insufficient action to remedy the breach.

“The broadcaster accepted more care should have been taken, but did not appear to have taken any action in response, or made any public acknowledgement of the inaccuracy,” the BSA said.

The authority found the framing and focus careless, noting “the role of both sides in the violence had been extensively reported” by the time of the 15 November broadcast. TVNZ had also aired the mischaracterised footage again, not realising Reuters had issued a correction several days earlier.

As TVNZ was not monitoring the Reuters fact-check site, the correction only came to light when the complaints were being investigated.

Other standards raised in the three complaints were not breached or did not apply, the authority found.

The BSA did not consider an order was warranted over the item on November 15 – deciding publication of the decision was sufficient to publicly acknowledge and correct the breach, censure the broadcaster and give guidance to TVNZ and other broadcasters.

MIL OSI Analysis – EveningReport.nz –

April 30, 2025

MIL-OSI: Quadient: 11% Increase in Software Sales to Mail Clients in 2024 Reflects Rising Demand for Smarter, Multichannel Communications

Source: GlobeNewswire (MIL-OSI)

Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, shared today that businesses are increasingly turning to digital solutions to meet rising customer expectations for modern, multichannel communication. This shift is driving tangible growth: in fiscal year 2024, Quadient recorded a record 11% increase in cross-sales of its Digital automation solutions within its Mail customer base.

This growth highlights a broader shift in customer engagement strategies, driven by evolving consumer expectations. Independent research commissioned by Quadient in fall 2024, which surveyed 6,000 consumers across the United States, United Kingdom, and France, revealed a clear demand for more modern, multichannel communication experiences. While physical mail remains relevant, a majority of respondents in each country want companies to communicate through multiple channels, including email, mail, text, mobile apps, and social media. This includes 73 percent in the USA, 66 percent in France, and 62 percent in the UK. The findings send a critical message to businesses: organizations that align their strategies with these changing preferences are better positioned to improve customer satisfaction, foster loyalty, and remain competitive in an increasingly digital marketplace.

“We’re meeting our customers where they are and helping them go further,” said Alain Fairise, Chief Solution Officer, Mail Automation at Quadient. “This isn’t just about adopting new technology, it’s about enabling smarter, more agile ways to connect. Consumers are not only ready for smarter digital communications, they now expect it. To stay competitive, businesses need trusted partners who can guide them through digital transformation with confidence and minimal disruption. Our growth in Digital cross-sales reflects that trust. By combining intelligent automation with proven expertise in physical communications, we’re helping organizations reduce complexity, unlock growth opportunities, and build more resilient, future-ready customer relationships.”

With more than 350,000 business customers worldwide, Quadient is helping organizations across industries modernize how they communicate. Through its intelligent automation platform, including Quadient Impress and Quadient Inspire, companies are leveraging both physical and digital channels to improve efficiency, consistency, and responsiveness. In 2024, Quadient recorded its highest level of Digital solution sales into its Mail customer base, while its Mail business continued to outperform the market. Looking ahead, Quadient will continue investing in intelligent hybrid communication solutions to support businesses in delivering meaningful, future-ready customer communications. To know more about Quadient’s smart mail solutions, go to https://mail.quadient.com/en/mailroom-software.

About Quadient
Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit www.quadient.com.

Contacts

Joe Scolaro, Quadient		Sandy Armstrong, Sterling Kilgore
Global Press Relations Manager		VP of Media & Communications
+1 203-301-3673		+1-630-699-8979
j.scolaro@quadient.com		sarmstrong@sterlingkilgore.com

Attachment

PR_Mail and Digital cross-sales dynamics-EN vdef

The MIL Network –

April 30, 2025

MIL-OSI: Annual Report 2024 published
Source: GlobeNewswire (MIL-OSI)

Malmö – ZetaDisplay AB (publ) announces that the Annual Report for 2024 (in Swedish), provided by the board of directors, is now published and available in electronic format on the Group’s Investor Relations website https://ir.zetadisplay.com/financial-reports. A shorter translated English version Yearbook is also available.

Malmö, 30 April 2025

This information is information that ZetaDisplay AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Anders Olin, at 08:00 CET on 30 April 2025

For further questions, please contact:

Anders Olin, President & CEO
Mobile: +46 076-101 14 88
E-Mail: anders.olin@zetadisplay.com

Claes Pedersen, CFO
Mobile: +45 23-68 86 58
E-Mail: claes.pedersen@zetadisplay.com

ABOUT ZETADISPLAY
More than 20 years of leadership and innovation in digital signage.
ZetaDisplay was founded 2003 in Sweden as one of the early pioneers of digital signage. We are one of the leading European corporations in the digital signage market and a leading force in the European digital signage industry. Our proprietary software platform, digital business development and consulting services, innovative digital signage solutions, and creative concepts regularly inspire- influence and guide millions of people every day in retail environments, in restaurants, on advertising screens, in factories, on trains, on cruise ships, in stadiums, in workplaces and in all types of public spaces indoor and outdoor. ZetaDisplay is one of the largest leading European full service digital signage companies with direct operations in eight European countries and the US with +125,000 active installations in more than 50 countries globally. We are the digital signage business partner of choice for many of the worlds most respected blue-chip brands and companies.

ZetaDisplay is based in Malmö-Sweden, has a turnover of SEK +630 million and employs approx. 240 co-workers. ZetaDisplay is owned by the investment company Hanover Investors. More information at www.ir.zetadisplay.com and www.hanoverinvestors.com.

Attachments
- Annual Report 2024 (Full Swedish edition)
- Yearbook Annual Report 2024 (Short English edition)
The MIL Network –
April 30, 2025
MIL-OSI New Zealand: Media – PSNA complaint about TVNZ reporting upheld by the Broadcasting Standards Authority

Source: Palestine Solidarity Network Aotearoa

It was good to see this PSNA complaint against TVNZ reporting upheld by the Broadcasting Standards Authority. (ref. https://www.bsa.govt.nz/decisions/all-decisions/minto-and-television-new-zealand-ltd-2025-002-29-april-2025/ )

TVNZ showed film which they claimed was of “anti-semitic violence” by Dutch football fans attacking Israeli football fans on the streets of Amsterdam last November. TVNZ described the scenes as disturbing.

The film actually showed the opposite – violent attacks on Dutch fans by Israeli hooligans who had engaged in racist “Death to Arabs” chants and attacks on Palestinians and Palestinian flags prior to the game.

We pointed out the error quickly but TVNZ refused to issue an apology and said it didn’t really matter because the mayor of Amsterdam had said there were anti-semitic attacks so the TVNZ mistake was minor.

Imagine if the situation had been reversed. TVNZ would have bent over backwards to issue grovelling apologies to the pro-Israel lobby.

TVNZ’s reporting over the past 18 months has been relentlessly pro-Israel. They have centred Israeli narratives, Israeli excuses, Israeli explanations, Israeli propaganda points and Israeli spokespeople. Palestinian voices have been sidelined and given rudimentary coverage if at all.

John Minto
Co-National Chair
Palestine Solidarity Network Aotearoa

MIL OSI New Zealand News –

April 30, 2025

MIL-OSI: EfTEN Real Estate Fund AS unaudited results for 1st quarter 2025

Source: GlobeNewswire (MIL-OSI)

In the first quarter of 2025, EfTEN Real Estate Fund AS invested a significant part of the capital raised in the previous quarter, primarily in the elderly care home segment. In February, the Fund’s 100% subsidiary EfTEN Hiiu OÜ signed a binding agreement to acquire the property at Hiiu 42 in Tallinn, with the aim to developing a general care home in cooperation with Südamekodud AS. The acquisition price of the property was €4 million, with up to an additional €2.5 million for the reconstruction of the building. The expected return on the investment is 8% per annum. At the end of March, the real rights contract was concluded and the transaction finalized. As part of the transaction, EfTEN Hiiu OÜ signed a long-term (10+10 years) lease agreement with Hiiu Südamekodu OÜ. Part of the property continues to be used by the North Estonia Medical Centre Foundation. The building will be partially reconstructed into the “Nõmme Südamekodu” general care home, with future capacity for up to 170 clients.

In January 2025, the Fund’s subsidiary EfTEN Ermi OÜ commenced construction of the second phase of Tartu Südamekodu, which will add 60 beds and a solar park to the existing care home. The total project cost is approximately €1.3 million, with construction expected to be completed by July 2025. The expected return on this investment is 8.1% per annum.

Upon completion of these projects, EfTEN Real Estate Fund AS will own four elderly care homes with a combined capacity of nearly 800 beds.

On 31 March 2025, the Fund’s subsidiary EfTEN Seljaku OÜ terminated the lease agreement with AS Hortes (in bankruptcy) concerning the Laagri Hortes properties. A new lease agreement has been signed with Rikets Aianduskeskus OÜ, which will commence operations on the premises as of 1 April 2025.

In April 2025, the ICONFIT logistics building owned by the fund’s subsidiary EfTEN Paemurru OÜ was completed. The fund began earning rental income from the property starting from April 15.

Financial Overview

The consolidated sales revenue of EfTEN Real Estate Fund AS for Q1 2025 amounted to €7.858 million (Q1 2024: €7.961 million), and the consolidated net rental income (NOI) totaled €7.211 million (Q1 2024: €7.343 million). The net rental income margin remained stable at 92% (2024: 92%), indicating that costs directly related to property management (including land tax, insurance, maintenance and improvement expenses) and marketing accounted for 8% (2024: 8%) of revenue.

The Fund’s consolidated net profit for Q1 2025 was €4.167 million (Q1 2024: €3.808 million). A key contributor to the profit growth was the decrease in interest expenses due to the decline in EURIBOR—interest costs fell by €432 thousand, or 19%, compared to Q1 2024.

Real Estate Portfolio

As of 31 March 2025, the Group held 37 (31 December 2024: 36) investment properties with a total fair value of €380.160 million (31 December 2024: €373.815 million) and an acquisition cost of €376.906 million (31 December 2024: €370.561 million). In addition to properties held by subsidiaries, the Group owns a 50% stake in the joint venture operating the Palace Hotel in Tallinn, with a fair value of €8.632 million as of 31 March 2025 (31 December 2024: €8.630 million).

In Q1 2025, the Group made new and follow-on investments totalling €6.345 million.

In March 2025, EfTEN Hiiu OÜ acquired the property at Hiiu 42, Tallinn, for €4 million. The North Estonia Medical Centre Foundation continues to use part of the property under an existing lease. A long-term (10+10 years) lease was signed with Hiiu Südamekodu OÜ, a subsidiary of Südamekodud AS, which will develop the premises into the “Nõmme Südamekodu” general care home with capacity for up to 170 clients.

Construction of the C-building at Valkla Care Home continued in Q1 2025, with a total investment of €343 thousand. Construction of the second phase of Ermi Care Home in Tartu began, with works totalling €192 thousand during the quarter. In addition, construction at the Paemurru Logistics Centre progressed, with Q1 investment totalling €1.515 million.

In Q1 2025, the Group earned €7.673 million in rental income, remaining on par with the previous year.

As of 31 March 2025, the vacancy rate of the Group’s real estate portfolio was 4.4% (31 December 2024: 2.6%). The highest vacancy was in the office segment at 17.7%, where filling vacant spaces has taken longer than previously.

Financing

In Q1 2025, the Fund’s subsidiary EfTEN Riga Airport SIA extended its loan agreement with the bank. Over the next 12 months, six of the Group’s subsidiaries have loan agreements maturing, with a total outstanding balance of €20.38 million as of 31 March 2025. These maturing loans have LTVs between 29% and 48%. Given the stable rental cash flows of the properties, the Group’s management does not foresee obstacles in refinancing these loans.

As of 31 March 2025, the Group’s weighted average interest rate on loans was 4.37% (31 December 2024: 4.89%) and the loan-to-value (LTV) ratio stood at 40% (31 December 2024: 40%). All loan agreements of the subsidiaries are based on floating interest rates. The Fund’s interest coverage ratio (ICR) was 3.4 as of 31 March 2025 (31 March 2024: 2.9).

Share Information

As of 31 March 2025, the registered share capital of EfTEN Real Estate Fund AS was €114.403 million (unchanged from 31 December 2024), consisting of 11,440,340 shares with a nominal value of €10 each.

The net asset value (NAV) per share as of 31 March 2025 was €20.74 (31 December 2024: €20.37), representing an increase of 1.8% over the first three months of 2025.

CONSOLIDATED STATEMEMT OF COMPREHENSIVE INCOME

	I quarter
	2025	2024
€ thousands
Sales revenue	7,858	7,961
Cost of services sold	-506	-418
Gross profit	7,352	7,543

Marketing costs	-141	-200
General and administrative expenses	-1,006	-939
Other operating income and expense	-37	42
Operating profit	6,168	6,446

Profit/-loss from joint ventures	-58	-50
Interest income	83	101
Other finance income and expense	-1,803	-2,235
Profit before income tax	4,390	4,262

Income tax expense	-223	-454
Net profit of the financial year	4,167	3,808
Total comprehensive income for the period	4,167	3,808
Earnings per share
– basic	0.36	0.35
– diluted	0.36	0.35

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

	31.03.2025	31.12.2024
€ thousands
ASSETS
Cash and cash equivalents	19,038	18,415
Short-term deposits	0	2,092
Receivables and accrued income	1,645	2,055
Prepaid expenses	128	138
Total current assets	20,811	22,700

Long-term receivables	140	154
Shares in joint ventures	1,902	1,960
Investment property	380,160	373,815
Property, plant and equipment	121	134
Total non-current assets	382,323	376,063
TOTAL ASSETS	403,134	398,763

LIABILITIES AND EQUITY
Borrowings	25,858	30,300
Liabilities and prepayments	3,056	3,245
Total current liabilities	28,914	33,545

Borrowings	123,813	119,120
Other long-term liabilities	1,923	1,928
Deferred income tax liability	11,244	11,097
Total non-current liabilities	136,980	132,145
TOTAL LIABILITIES	165,894	165,690

Share capital	114,403	114,403
Share premium	90,306	90,306
Statutory reserve capital	2,799	2,799
Retained earnings	29,732	25,565
TOTAL EQUITY	237,240	233,073
TOTAL LIABILITIES AND EQUITY	403,134	398,763

Marilin Hein
CFO
Phone +372 6559 515
E-mail: marilin.hein@eften.ee

Attachment

EREF_3kuud_vahearuanne_2025_eng

The MIL Network –

April 30, 2025

MIL-OSI: 2025 China · Wuyi Auto Rally Successfully Concludes

Source: GlobeNewswire (MIL-OSI)

JINHUA, CHINA, April 29, 2025 (GLOBE NEWSWIRE) — On April 27, as the roaring engine sounds of the participating vehicles gradually faded away, the 2025 China·Wuyi Auto Rally, a speed battle that weaves through picturesque landscapes and perilous terrains, successfully concluded. This not only reignited Wuyi’s “rally” engine but also opened a new chapter in the in-depth integration of Wuyi’s “industry, event and tourism”. Li Xianwu, a member of the Standing Committee of the CPC Wuyi County Committee and Director of the Propaganda Department, attended the ceremony.

At the car-receiving ceremony, the drivers, with excitement and a touch of reluctance, drove their racing cars back to the starting platform amidst applause and cheers, received garlands, and bid farewell to this event.

Xu Jun and Huang Shaojun from Tonglian Rally Team won the 4-wheel-drive group championship. Yang Xidong and Tang Xiaoming from Dean Auto Sports Team won the runner-up, and Pan Dong and Gao Hui from Dongsheng Feichi-GOLF Team won the third-place.

Chen Liang and Tong Xijun from DA-Motorsport won the 2-wheel-drive group championship. Du Wenbin and Cheng Darong from Hunan Linwu You Team won the runner-up, and Tang Junzhe and Hao Peng from Fangjia Racing Team won the third-place.

“This is my first return to Wuyi after more than twenty years. The first time I came was because of Xu Lang, and I was his co-driver at that time. Over the past twenty years, Wuyi has changed a lot, but the people of Wuyi are still very enthusiastic. When I come to Wuyi, I feel like I’m back in my hometown. Especially the iconic U-turn on the Houshuling track reminds me of the days when I used to practice driving with Xu Lang.” Huang Shaojun, the co-driver and winner of the 4-wheel-drive group championship, said that Wuyi is a blessed place.

As the “King of Flying Cars” in the history of China’s rally racing and the true initiator of Wuyi’s racing culture, Xu Lang not only achieved excellent results in international competitions. He made more racing enthusiasts aware of Wuyi, transformed the gravel roads in his hometown into training grounds, and deeply implanted the racing spirit and culture into the land of Wuyi.

“After a ten-year interval, Wuyi is hosting a rally race again. As a native of Wuyi, winning the championship this time is very commemorative for me. I hope my hometown can continue to host auto rally races in the future, making the rally a new calling card for Wuyi. I want all racing enthusiasts to participate, get to know Wuyi, understand Wuyi, and fall in love with Wuyi.” Xu Jun, a racing driver, couldn’t hide his excitement about Wuyi hosting this event again.

In addition to legendary racing drivers like Xu Lang, Xu Jun, and Fu Junfei, known as the “Three Champions from One County”, who have amazed the industry, Wuyi’s connection with rally racing is also inseparable from its unique geographical advantages. With a landscape of “eight parts mountains, half part water, and half part farmland” within the county and winding township roads, it provides an ideal racing environment for rally race. During this competition, Wuyi used public roads as the race track and the landscape of mountains and waters as the backdrop, integrating the roar of motorsport with the tranquility of hot springs, writing a legend of speed.

Moreover, Wuyi has upgraded the rally race from a “periodic event” to a “sustainable economic engine”, focusing on building a closed-loop of “event-driven attraction—industrial foundation—cultural and tourism empowerment”, and steadily creating a county-level model of in-depth integration of “industry, event and tourism”.

From the intelligent production line of Zhejiang PDW Industrial Co., Ltd., which has a daily output of 3,000 wheels, to Apollo’s globally first electric off-road motorcycle, which seizes the commanding heights of the industry with innovative technology, and then to the layout of Leapmotor in Wuyi’s “New Energy Vehicle Town”…. 260 auto and motorcycle parts enterprises and a hard-core industrial strength with an output value of 4.3 billion yuan have made the auto and motorcycle parts industry one of the three pillar industries in Wuyi.

“This event not only showcases the characteristics of the integration of culture and tourism in Wuyi County, but also demonstrates the strength of Wuyi County’s auto and motorcycle parts industry. This is not only a new starting point for Wuyi County’s event-based economy, but also a new beginning for ‘strengthening and supplementing the chains’ of Wuyi County’s automotive industry chain. In the follow-up, we will continue to promote the in-depth integration of event-based economy with culture, tourism and industry, empower and support the auto and motorcycle industry chain in Wuyi, and provide cultural and tourism support for the development of new-quality productivity in Wuyi.” A relevant person in charge of the County Bureau of Culture, Radio, Television, Tourism and Sports said.

Media Contact
Wuyi County Publicity Department
Email: heyn@8531.cn
Tel: +86 15857143688
Website: http://www.8531.cn

SOURCE: Wuyi County Publicity Department

The MIL Network –

April 30, 2025
MIL-Evening Report: Which Roman emperor was most like Donald Trump?

Source: The Conversation (Au and NZ) – By Peter Edwell, Associate Professor in Ancient History, Macquarie University

SvetlanaVV/Shutterstock

Something tells me US president Donald Trump would love to be a Roman emperor. The mythology of unrestrained power with sycophants doing his bidding would be seductive.

But in fact, Roman emperors were heavily constrained by institutions, the economy and popular mood. Yes, some challenged and sidelined the institutions of their day – but this often sparked a powerful backlash.

As someone who’s studied Ancient Rome for years, I’ve recently been asked which Roman emperor was most like Donald Trump. In some ways he’s a pastiche of several Roman leaders.

Julius Caesar

Of course, Julius Caesar was never an emperor. He was a military leader and politician when the Roman Republic was in its death throes.

While Trump has no military experience, some have compared him with Caesar.

English classicist Mary Beard explains the appeal of this comparison for Trump’s foes and supporters alike.

The Roman Republic was originally a system of shared political authority. The Senate, the people and elected magistrates shared power.

But in the first century BC, powerful and charismatic figures became more prominent. The old power-sharing arrangements broke down.

Caesar was the ultimate populist who overthrew the conventional means of Republican government.
Bequest of Benjamin Altman, 1913/The Metropolitan Museum of Art

Caesar was the most significant of these figures. He was the ultimate populist who overthrew the conventional means of Republican government. Due to his military successes, vast fortune and enormous popular appeal, Caesar broke the system entirely.

Caesar fast-tracked the development of executive power in one person. This doomed the Roman Republic itself.

Trump has also sidelined key institutions and increased the powers of singular executive government. Threatening judges and the chair of the Federal Reserve are further examples of over-reach.

Trump draws on popular appeal to escape ramifications for these actions. His TV career, political rallies and domination of the news cycle contribute to a cult of personality.

Caesar paid the ultimate price for concentrating executive power in himself. He was stabbed to death by a group of angry senators. The republic, however, was beyond saving.

Caesar and the Roman Republic were different to Trump and America. Caesar was a blue-blood patrician, which Trump isn’t. Rome had its most powerful centuries ahead of it, while America is in decline.

Octavian: the man who became Augustus

Caesar didn’t manage the transition from Republic to autocracy. It was his nephew, Octavian, who did that.

After more than a decade of civil wars following Caesar’s murder in 44 BCE, Octavian became Augustus (27 BCE–14 CE) or emperor.

While he claimed to restore the republic, Augustus exercised ultimate power over the army, political institutions and the courts. He finished the process Caesar and others began, dominating the Senate and once-powerful positions such as consulships.

Augustus’ domination of the entire political system draws parallels with Trump. Some observers liken Trump to Augustus. They see similarities in Trump’s intimidation of institutions (including the courts and media) that provide checks on presidential power.

Augustus also developed a cult of personality, which is a feature of Trump’s rise.

Nero: from populist to pariah

Nero (54–68 CE), a colourful successor of Augustus, employed advisors with no political backgrounds. Epaphroditus, for example, was a former slave who became Nero’s secretary. He controlled the flow of information to and from the emperor. He became very wealthy and was intensely loyal to Nero.

Trump has shown similar instincts. Think of the wide-ranging powers to cut government programs granted to Elon Musk and his inexperienced team.

Like Trump, Nero could entertain a crowd. He publicly sang and recited poetry, which previous emperors never did. The elites detested this but the broader population loved it. Nero also put on lavish palace banquets.

But by the time of his death by suicide aged 30, Nero had isolated everyone.

It’s too simplistic, though, to say Trump is a Nero, as others have done. Trump remains connected to a large support base, as evidenced by his two presidential election victories.

Like Trump, Nero could entertain a crowd.
Ivan Moreno sl/Shutterstock

Roman emperors were constrained by institutions

While Roman emperors dominated the institutions of state, they were still constrained by them. Some who fell foul of the army, the most important state institution, met ignominious ends.

In 217 CE, the unpopular emperor Caracalla was knifed by a soldier while relieving himself.

Emperor Caracalla was eventually stabbed by a soldier while relieving himself.
Samuel D. Lee Fund, 1940/The Metropolitan Museum of Art

Emperor Severus Alexander was murdered in 235 CE by his own troops while clutching his mother’s knees.

Some speculate the US army might intervene to protect the Constitution against Trump. But the army’s relationship to the US government is more complex than in ancient Rome.

Some emperors became unpopular due to their arrogance toward the Senate, court officials and their own bodyguards.

In 96 CE, Domitian was killed in a conspiracy of the court chamberlain. His death was cheered by many due to his autocratic style.

And Emperor Commodus, once popular due to his eccentric antics and public games, was murdered by a champion wrestler in 192 CE. His mistress, Praetorian prefect and court chamberlain arranged it. The Senate declared Commodus a public enemy.

The creeping power of executive authority

The over-reach of executive authority will likely define Trump’s second term. But there are many constraints he can’t ignore. Some of the most powerful operate outside America. Bond-holders, of whom China is the second largest, are a notable example.

The eventual displeasure of support bases may hasten the demise of the Trump phenomenon. I sincerely hope it doesn’t end with the brutality some of the emperors met with.

Executive over-reach and intimidation of key institutions may permanently damage America’s reputation. In the case of ancient Rome, we know the outcomes. What comes next in America is the great unknown.

Peter Edwell receives funding from the Australian Research Council.

– ref. Which Roman emperor was most like Donald Trump? – https://theconversation.com/which-roman-emperor-was-most-like-donald-trump-254573

MIL OSI Analysis – EveningReport.nz –

April 30, 2025
MIL-OSI Economics: Sony Corporation and BandLab Technologies Announce Strategic Partnership To Empower Creators With Cutting-Edge Technology And Opportunities That Make Music Creation More Accessible
Source: Sony

April 30, 2025

Collaboration Brings New Technology and Artist Support to Millions of Creators, Starting with Spatial Sound Integration in BandLab

April 30, 2025 (New York, NY) – Sony Corporation’s Personal Entertainment Business and BandLab Technologies today announced a strategic partnership set to redefine music creation for independent and emerging artists worldwide. By bringing together Sony’s legacy of audio excellence with BandLab, the world’s fast-growing social music creation platform, this collaboration reflects a shared mission to empower creators with cutting-edge technology and opportunities that fuel their growth, spark innovation, and build their careers—starting from the earliest stages of their musical journeys.

The initial phase of this partnership integrates Sony’s Spatial Sound technology, 360 Reality Audio, directly into the BandLab app, giving millions of users around the world on any smartphone with a standard pair of headphones or earbuds the ability to both experience and make music in spatial audio.

Starting this summer, BandLab users will be able to explore a curated collection of spatial-enabled beats in the BandLab Sounds marketplace and then build on them in BandLab Studio, adding vocals, instruments, and additional production to expand their creative possibilities within the immersive world of 360 Reality Audio.

As the partnership evolves, a dedicated, co-branded hub within BandLab will act as a gateway for future offerings—integrating new technology and accessible tools for music creation while providing exclusive access to newly developed educational programs. Additionally, the collaboration will create additional opportunities to amplify BandLab artist success stories to a global audience, offering artists greater visibility as they reach new heights in their creative journeys.

With over 100 million users across genres, skill levels, and geographies, BandLab is the world’s largest social music creation platform and a driving force in today’s music landscape. Together, Sony and BandLab are not only breaking down the barriers to make music, but also laying the foundation for a future where every artist has the means to create, connect, and share their music on a global stage.

“This partnership reflects a shared belief that the technology and opportunities to create music should be available to everyone, not just a select few,” said Meng Ru Kuok, CEO & Co-Founder of BandLab Technologies. “By working with Sony Corporation, we’re combining our strengths to empower creators at every step of their journey. It’s not just about what artists can do today, but about what becomes possible when they’re given the right support to experiment and grow.”

“Sony has long been committed to delivering premium audio experiences, and this partnership with BandLab allows us to deliver such experiences to music creators of all levels,” said Masaaki Oshima, Head of Personal Entertainment Business Unit, Sony Corporation. “By integrating our audio products and technology into BandLab’s ecosystem, we’re not only expanding access to immersive audio tools, but also strengthening our connection with the pro-consumer market, enhancing the way music is created and experienced. We’re excited to see how artists push creative boundaries with these new possibilities.”
About Sony Corporation

Sony Corporation is a wholly owned subsidiary of Sony Group Corporation and is responsible for the Entertainment, Technology & Services (ET&S) business. With the mission to “create the future of entertainment through the power of technology together with creators,” we aim to continue to deliver Kando* to people around the world.

For more information, visit: Sony Corporation | Home

*Kando is a Japanese word that roughly translates to the sense of awe and emotion you feel when experiencing something beautiful and amazing for the first time.

About BandLab Technologies

BandLab Technologies is a collective of global music technology companies on a mission to break down the technical, geographic, and creative barriers for musicians and fans. Empowering creators at all stages of their creative process, the group’s wide range of offerings includes flagship mobile-first social music creation platform BandLab, award-winning, legendary desktop DAW Cakewalk, powerful artist services platform ReverbNation, and global beat and music marketplace Airbit. BandLab Technologies is headquartered in Singapore and is a division of Caldecott Music Group. For more information on BandLab Technologies, visit bandlabtechnologies.com.
MIL OSI Economics –
April 30, 2025
MIL-OSI Economics: Samsung Electronics Announces First Quarter 2025 Results

Source: Samsung

Samsung Electronics today reported financial results for the first quarter ended March 31, 2025.

The Company posted KRW 79.14 trillion in consolidated revenue, an all-time quarterly high, on the back of strong sales of flagship Galaxy S25 smartphones and high-value-added products. Operating profit increased to KRW 6.7 trillion despite headwinds for the DS Division, which experienced a decrease in quarterly revenue.

The Company has allocated its highest-ever annual R&D expenditure for 2024, and in the first quarter of this year, it has also increased its R&D expenditure by 16% compared to the same period last year, amounting to 9 trillion won.

Despite the growing macroeconomic uncertainties due to recent global trade tensions and slowing global economic growth, making it difficult to predict future performance, the Company will continue to make various efforts to secure growth. Additionally, assuming that the uncertainties are diminished, it expects its performance to improve in the second half of the year.

Semiconductors Projected To Continue Growth by Meeting Evolving AI Needs
The DS Division posted KRW 25.1 trillion in consolidated revenue and KRW 1.1 trillion in operating profit for the first quarter.

For the Memory Business, revenue was driven by expanded server DRAM sales and the addressing of additional NAND demand amid a perceived bottoming out of the market price.

However, overall earnings were impacted by the erosion of average selling price (ASP), as well as a decrease in HBM sales due to export controls on AI chips and deferred demand in anticipation of upcoming enhanced HBM3E products.

In Q2 2025, the Memory Business anticipates robust demand for AI servers and will therefore seek to strengthen our position in the high-value-added market via our server-centric portfolio, along with a ramp-up of the enhanced HBM3E 12H to meet initial demand. For NAND, the Memory Business seeks to enhance cost competitiveness by accelerating the transition to 8th Generation V-NAND for all applications.

In H2 2025, AI-related demand is expected to remain high in conjunction with the launch of new GPUs. Therefore, the Memory Business will expand the sales of high-value-added products, including enhanced HBM3E 12H products and high density DDR5 modules of 128GB or higher.

In the mobile and PC markets, on-device AI is expected to proliferate, so the Memory Business will proactively respond to this shift in the business environment with its industry-leading 10.7Gbps LPDDR5x products.

Earnings at the System LSI Business improved modestly, due to an increased supply of high-resolution sensors and LSI products. This improvement came despite a sluggish smartphone market and the delayed adoption of the Company’s flagship system-on-a-chip (SoC).

In Q2 2025, the System LSI Business will maintain steady revenue by gaining SoC adoption by a major customer for new flagship models and capitalizing on the growing adoption of 200-megapixel sensors.

In H2 2025, the System LSI Business will expand its flagship SoC supply, proactively address demand for high-resolution main and telephoto camera sensors and expand its automotive sensor portfolio.

Earnings for the Foundry Business were muted due to sluggish seasonal mobile demand, inventory adjustments and stagnant fab utilization. However, the Business focused on the 2nm Gate-All-Around (GAA) process, improving yields and stabilizing the line while keeping the program on schedule, while also securing additional sub-5nm orders, specifically the 2nm and 4nm nodes for AI and HPC applications.

In Q2 2025, the Business will stabilize its 2nm process production and drive earnings improvement by actively addressing strong mobile and automotive demand in the United States. Looking ahead to H2 2025, the Foundry Business aims to start 2nm mass production and secure major 2nm orders and strengthen its specialty process portfolio on mature nodes.

SDC Aims To Navigate Challenges and Drive Growth With Differentiated Offerings
Samsung Display Corporation (SDC) posted KRW 5.9 trillion in consolidated revenue and KRW 0.5 trillion in operating profit for the first quarter.

For the mobile display business, SDC reported declining profits QoQ due to seasonality. The results of the large display business have improved via the launch of new QD-OLED monitor products for major clients.

In Q2 2025, the mobile display business maintains a conservative outlook on earnings while pursuing the stable supply of new products such as foldables. For the large display business, demand for gaming monitors is expected to grow due to the upcoming launches of new products.

In H2 2025, SDC aims to grow the mobile display business sales through differentiated technologies and products amid rising market uncertainties. For the large display business, SDC will strengthen its presence in both B2C and B2B monitor markets with diverse product lineups.

MX Achieves Revenue Growth, Continues To Expand AI Capabilities
The MX and Networks businesses posted KRW 37 trillion in consolidated revenue and KRW 4.3 trillion in operating profit for the first quarter.

The MX Business experienced QoQ growth in both revenue and operating profit thanks to the strong sales of its Galaxy S25 series, which features an advanced Galaxy AI experience. Enhanced cost competency and price declines for some components also contributed to solid double-digit profitability.

In Q2 2025, the MX Business plans to sustain flagship-centric sales amid weak seasonality by successfully launching the Galaxy S25 Edge. It will also expand its AI smartphone lineup through the introduction of “Awesome Intelligence” to the Galaxy A series.

In H2 2025, the MX Business will strengthen its foldable lineup by offering a differentiated AI user experience. In addition, the Business will launch new ecosystem products with enhanced AI and health capabilities, and explore new product segments such as XR.

Visual Display Posts Solid Performance, Strengthens Advanced AI Features
The Visual Display and Digital Appliances businesses posted KRW 14.5 trillion in consolidated revenue and KRW 0.3 trillion in operating profit in the first quarter.

The Visual Display Business recorded solid sales of strategic products such as Neo QLEDs, OLEDs, and large models of 75 inches and over, while price increases and material cost reductions resulted in improved QoQ profitability.

In Q2 2025, the Business intends to expand TV sales with its 2025 AI TV lineup and the integration of advanced AI functions.

In H2 2025, the Business will focus on capturing peak season demand by strategic collaboration with distributors, based on an enhanced AI TV lineup.

MIL OSI Economics –

April 30, 2025
MIL-OSI Banking: Sony Corporation and BandLab Technologies Announce Strategic Partnership To Empower Creators With Cutting-Edge Technology And Opportunities That Make Music Creation More Accessible
Source: Sony

April 30, 2025

Collaboration Brings New Technology and Artist Support to Millions of Creators, Starting with Spatial Sound Integration in BandLab

April 30, 2025 (New York, NY) – Sony Corporation’s Personal Entertainment Business and BandLab Technologies today announced a strategic partnership set to redefine music creation for independent and emerging artists worldwide. By bringing together Sony’s legacy of audio excellence with BandLab, the world’s fast-growing social music creation platform, this collaboration reflects a shared mission to empower creators with cutting-edge technology and opportunities that fuel their growth, spark innovation, and build their careers—starting from the earliest stages of their musical journeys.

The initial phase of this partnership integrates Sony’s Spatial Sound technology, 360 Reality Audio, directly into the BandLab app, giving millions of users around the world on any smartphone with a standard pair of headphones or earbuds the ability to both experience and make music in spatial audio.

Starting this summer, BandLab users will be able to explore a curated collection of spatial-enabled beats in the BandLab Sounds marketplace and then build on them in BandLab Studio, adding vocals, instruments, and additional production to expand their creative possibilities within the immersive world of 360 Reality Audio.

As the partnership evolves, a dedicated, co-branded hub within BandLab will act as a gateway for future offerings—integrating new technology and accessible tools for music creation while providing exclusive access to newly developed educational programs. Additionally, the collaboration will create additional opportunities to amplify BandLab artist success stories to a global audience, offering artists greater visibility as they reach new heights in their creative journeys.

With over 100 million users across genres, skill levels, and geographies, BandLab is the world’s largest social music creation platform and a driving force in today’s music landscape. Together, Sony and BandLab are not only breaking down the barriers to make music, but also laying the foundation for a future where every artist has the means to create, connect, and share their music on a global stage.

“This partnership reflects a shared belief that the technology and opportunities to create music should be available to everyone, not just a select few,” said Meng Ru Kuok, CEO & Co-Founder of BandLab Technologies. “By working with Sony Corporation, we’re combining our strengths to empower creators at every step of their journey. It’s not just about what artists can do today, but about what becomes possible when they’re given the right support to experiment and grow.”

“Sony has long been committed to delivering premium audio experiences, and this partnership with BandLab allows us to deliver such experiences to music creators of all levels,” said Masaaki Oshima, Head of Personal Entertainment Business Unit, Sony Corporation. “By integrating our audio products and technology into BandLab’s ecosystem, we’re not only expanding access to immersive audio tools, but also strengthening our connection with the pro-consumer market, enhancing the way music is created and experienced. We’re excited to see how artists push creative boundaries with these new possibilities.”
About Sony Corporation

Sony Corporation is a wholly owned subsidiary of Sony Group Corporation and is responsible for the Entertainment, Technology & Services (ET&S) business. With the mission to “create the future of entertainment through the power of technology together with creators,” we aim to continue to deliver Kando* to people around the world.

For more information, visit: Sony Corporation | Home

*Kando is a Japanese word that roughly translates to the sense of awe and emotion you feel when experiencing something beautiful and amazing for the first time.

About BandLab Technologies

BandLab Technologies is a collective of global music technology companies on a mission to break down the technical, geographic, and creative barriers for musicians and fans. Empowering creators at all stages of their creative process, the group’s wide range of offerings includes flagship mobile-first social music creation platform BandLab, award-winning, legendary desktop DAW Cakewalk, powerful artist services platform ReverbNation, and global beat and music marketplace Airbit. BandLab Technologies is headquartered in Singapore and is a division of Caldecott Music Group. For more information on BandLab Technologies, visit bandlabtechnologies.com.
MIL OSI Global Banks –
April 30, 2025
MIL-OSI Banking: Samsung Electronics Announces First Quarter 2025 Results

Source: Samsung

Samsung Electronics today reported financial results for the first quarter ended March 31, 2025.

The Company posted KRW 79.14 trillion in consolidated revenue, an all-time quarterly high, on the back of strong sales of flagship Galaxy S25 smartphones and high-value-added products. Operating profit increased to KRW 6.7 trillion despite headwinds for the DS Division, which experienced a decrease in quarterly revenue.

The Company has allocated its highest-ever annual R&D expenditure for 2024, and in the first quarter of this year, it has also increased its R&D expenditure by 16% compared to the same period last year, amounting to 9 trillion won.

Despite the growing macroeconomic uncertainties due to recent global trade tensions and slowing global economic growth, making it difficult to predict future performance, the Company will continue to make various efforts to secure growth. Additionally, assuming that the uncertainties are diminished, it expects its performance to improve in the second half of the year.

Semiconductors Projected To Continue Growth by Meeting Evolving AI Needs
The DS Division posted KRW 25.1 trillion in consolidated revenue and KRW 1.1 trillion in operating profit for the first quarter.

For the Memory Business, revenue was driven by expanded server DRAM sales and the addressing of additional NAND demand amid a perceived bottoming out of the market price.

However, overall earnings were impacted by the erosion of average selling price (ASP), as well as a decrease in HBM sales due to export controls on AI chips and deferred demand in anticipation of upcoming enhanced HBM3E products.

In Q2 2025, the Memory Business anticipates robust demand for AI servers and will therefore seek to strengthen our position in the high-value-added market via our server-centric portfolio, along with a ramp-up of the enhanced HBM3E 12H to meet initial demand. For NAND, the Memory Business seeks to enhance cost competitiveness by accelerating the transition to 8th Generation V-NAND for all applications.

In H2 2025, AI-related demand is expected to remain high in conjunction with the launch of new GPUs. Therefore, the Memory Business will expand the sales of high-value-added products, including enhanced HBM3E 12H products and high density DDR5 modules of 128GB or higher.

In the mobile and PC markets, on-device AI is expected to proliferate, so the Memory Business will proactively respond to this shift in the business environment with its industry-leading 10.7Gbps LPDDR5x products.

Earnings at the System LSI Business improved modestly, due to an increased supply of high-resolution sensors and LSI products. This improvement came despite a sluggish smartphone market and the delayed adoption of the Company’s flagship system-on-a-chip (SoC).

In Q2 2025, the System LSI Business will maintain steady revenue by gaining SoC adoption by a major customer for new flagship models and capitalizing on the growing adoption of 200-megapixel sensors.

In H2 2025, the System LSI Business will expand its flagship SoC supply, proactively address demand for high-resolution main and telephoto camera sensors and expand its automotive sensor portfolio.

Earnings for the Foundry Business were muted due to sluggish seasonal mobile demand, inventory adjustments and stagnant fab utilization. However, the Business focused on the 2nm Gate-All-Around (GAA) process, improving yields and stabilizing the line while keeping the program on schedule, while also securing additional sub-5nm orders, specifically the 2nm and 4nm nodes for AI and HPC applications.

In Q2 2025, the Business will stabilize its 2nm process production and drive earnings improvement by actively addressing strong mobile and automotive demand in the United States. Looking ahead to H2 2025, the Foundry Business aims to start 2nm mass production and secure major 2nm orders and strengthen its specialty process portfolio on mature nodes.

SDC Aims To Navigate Challenges and Drive Growth With Differentiated Offerings
Samsung Display Corporation (SDC) posted KRW 5.9 trillion in consolidated revenue and KRW 0.5 trillion in operating profit for the first quarter.

For the mobile display business, SDC reported declining profits QoQ due to seasonality. The results of the large display business have improved via the launch of new QD-OLED monitor products for major clients.

In Q2 2025, the mobile display business maintains a conservative outlook on earnings while pursuing the stable supply of new products such as foldables. For the large display business, demand for gaming monitors is expected to grow due to the upcoming launches of new products.

In H2 2025, SDC aims to grow the mobile display business sales through differentiated technologies and products amid rising market uncertainties. For the large display business, SDC will strengthen its presence in both B2C and B2B monitor markets with diverse product lineups.

MX Achieves Revenue Growth, Continues To Expand AI Capabilities
The MX and Networks businesses posted KRW 37 trillion in consolidated revenue and KRW 4.3 trillion in operating profit for the first quarter.

The MX Business experienced QoQ growth in both revenue and operating profit thanks to the strong sales of its Galaxy S25 series, which features an advanced Galaxy AI experience. Enhanced cost competency and price declines for some components also contributed to solid double-digit profitability.

In Q2 2025, the MX Business plans to sustain flagship-centric sales amid weak seasonality by successfully launching the Galaxy S25 Edge. It will also expand its AI smartphone lineup through the introduction of “Awesome Intelligence” to the Galaxy A series.

In H2 2025, the MX Business will strengthen its foldable lineup by offering a differentiated AI user experience. In addition, the Business will launch new ecosystem products with enhanced AI and health capabilities, and explore new product segments such as XR.

Visual Display Posts Solid Performance, Strengthens Advanced AI Features
The Visual Display and Digital Appliances businesses posted KRW 14.5 trillion in consolidated revenue and KRW 0.3 trillion in operating profit in the first quarter.

The Visual Display Business recorded solid sales of strategic products such as Neo QLEDs, OLEDs, and large models of 75 inches and over, while price increases and material cost reductions resulted in improved QoQ profitability.

In Q2 2025, the Business intends to expand TV sales with its 2025 AI TV lineup and the integration of advanced AI functions.

In H2 2025, the Business will focus on capturing peak season demand by strategic collaboration with distributors, based on an enhanced AI TV lineup.

MIL OSI Global Banks –

April 30, 2025
MIL-OSI USA: Opening of New Utica Children’s Museum
Source: US State of New York

overnor Kathy Hochul today announced the completion of construction and dedication of the new $8 million Utica Children’s Museum, which is part of an overall $14 million ICAN Family Resource Center project. The 14,000 square foot museum features exhibits designed as exciting play-based experiences with many benefits to children — from school readiness and career exposure to increased socialization and quality time with family and friends. In addition to the Governor’s grant of $750,000 from state capital funding sources to support the Utica Children’s Museum, Empire State Development provided more than $1 million in capital funding through the Market New York program and the New York State Council on the Arts provided a $300,000 capital grant.

“The Utica Children’s Museum is a place where families can gather and watch their children thrive, and I am proud to celebrate this wonderful space for the Mohawk Valley,” Governor Hochul said. “These exciting exhibits and additions to the project will become an important extension of the community — families and children from across the region will experience the new museum together and create a welcoming environment for many years ahead.”

Utica Children’s Museum Executive Director Meghan Fraser McGrogan said, “Today marks an incredible milestone not just for the Utica Children’s Museum, but for our entire community. We are so excited to celebrate the hard work of our team and all of our partners who made this project possible. We have thoughtfully designed this museum to be an inclusive, welcoming and inspiring environment for children to learn and grow. Our new museum is truly a place where families can come together to play, learn and create lasting memories. Thank you Governor Kathy Hochul and Commissioner Hope Knight for your unwavering support and investment in our vision.”

The exhibits in the Utica Children’s Museum reflect the community and showcase its diversity, industries, and many other features that are a source of pride for Mohawk Valley residents. While exhibit testing is currently being completed, the museum will officially open its doors to the public on May 1. The museum has embraced Universal Design principles from conception through completion, to ensure that all visitors, regardless of ability, will have a comfortable and enriching experience. Every exhibit within the museum has been thoughtfully designed to serve a specific purpose, with attention to eliminating barriers that are often overlooked in traditional museum layouts.

Located within the Integrated Community Alternatives Network (ICAN) Family Resource Center at 106 Memorial Parkway, the completely reimagined museum features a 4,000 square-foot Rotunda and a renovated 10,000 square-foot second floor, showcasing six galleries and 60 custom-fabricated exhibits. These new spaces have been designed with the community in mind, inviting visitors to “Love Where You Live!” and explore what makes the region unique-its rich cultures, four seasons, STEAM industry, food, music and more.

The new museum is part of a larger project of ICAN — the development of a first-of-its-kind Family Resource Center that houses ICAN family-based programs, a community room available for other organizations, and the museum.

With over 60 years of history, the Utica Children’s Museum is one of the oldest children’s museums in the country. The year-round destination creates an entirely new experience for visitors and families in the Mohawk Valley. It features multiple play zones, including:
- The Climber: Two stories of physical challenges and safe risk taking to build confidence.
- The Meeting Place: Flexible common space to orient groups, hold programs, and enjoy the Climber.
- World Market: Experience culture, languages, art, games and more in this global gallery.
- Build It Up: A destination for the hands-on maker and builder in every child.
- Let’s Experiment: STEAM-based challenges that focus on creativity and problem-solving skills.
- Seasons: Celebrate the weather changes we experience throughout the year.
- The Cove: An oasis of calm to wind down and promote the importance of pausing.
- Multi-Purpose Rooms: Versatile space with overhead doors that can be used in full or divided into two rooms.
The Utica Children’s Museum was officially dedicated in gratitude to all of the public, private and corporate entities and individuals who helped bring this community vision to life.

Empire State Development President, CEO and Commissioner Hope Knight said, “Having a first-rate children’s museum in Utica opens up a whole new world of exploration to families while providing an economic boost to the entire Mohawk Valley region. Children and families from all over New York and beyond, regardless of socioeconomic status, will benefit from the opportunity to engage in hands-on play that sparks the imagination. This all-about-fun museum is a great addition to the community and one in which the ESD is extremely proud to have played a role.”

DASNY President and CEO Robert J. Rodriguez said, “DASNY is proud to administer capital grant funding for the fabrication and installation of interactive exhibits that will engage young minds in the new Utica Children’s Museum. This innovative facility represents a powerful investment in the future of Mohawk Valley families, giving children access to educational experiences that foster creativity, problem-solving, and cultural appreciation. We’re pleased to support Governor Hochul’s commitment to developing world-class educational resources that not only enrich children’s lives but also contribute to the economic vitality of communities across New York State.”

Empire State Development Vice President and Executive Director of Tourism Ross D. Levi said, “Capital grants awarded through the Market New York program help to create unique and vibrant attractions like the Utica Children’s Museum that welcome residents and visitors alike. ‘I LOVE NY’ looks forward to promoting the museum as one of the latest family friendly attractions that makes it so easy to love New York.”

Executive Director of the New York State Council on the Arts Erika Mallin said,“Projects like these strengthen New York State’s rich cultural heritage, enrich the prosperity of the community, and engage our visitors, our families and our youngest learners. The New York State Council on the Arts is proud to support the Utica Children’s Museum and congratulate the team on this incredible accomplishment.”

State Senator Joseph Griffo said, “I am pleased that the Utica Children’s Museum has been completed and thank ICAN and all their partners for their work on this project. This interactive, family-friendly space will promote play, inspire creativity, encourage discovery and strengthen family bonds throughout the region.”

Assemblymember Marianne Buttenschon said, “I look forward to all the great opportunities that the Children’s Museum has to offer our community. The leadership and staff have worked endlessly to make the museum a reality. I was honored to provide funding for this great innovative museum, and I further appreciate the Governor’s generous financial support. It is evident that the Governor understands the importance of this valuable community asset and how it will benefit the Mohawk Valley.”

Assemblymember Marianne Buttenschon secured an additional $125,000 in funding through the FY 2024 Executive Budget.

Utica Mayor Michael Galime said, “The opening of the Utica Children’s Museum is a shining example of what our community can accomplish when we come together to invest in our future. Whether it was through a financial contribution or the sharing of ideas, I want to sincerely thank everyone who helped make this incredible space a reality. I look forward to creating memories here with my own family and seeing generations of children and families enjoy it for years to come.”

Oneida County Executive Anthony J. Picente Jr. said, “The opening of the new Utica Children’s Museum marks an exciting milestone for our community and for families across Oneida County. We are proud to have invested $500,000 in the museum’s incredible climber exhibit—an innovative space that will spark curiosity, encourage hands-on learning, and inspire the next generation. This facility will be a cornerstone of childhood development, offering opportunities for school readiness, career exploration, and meaningful family engagement. I applaud ICAN and all our state and local partners for bringing this extraordinary vision to life.”

Learn more about the Utica Children’s Museum here.

About Empire State Development

Empire State Development is New York’s chief economic development agency, and promotes business growth, job creation, and greater economic opportunity throughout the state. With offices in each of the state’s 10 regions, ESD oversees the Regional Economic Development Councils, supports broadband equity through the ConnectALL office, and is growing the workforce of tomorrow through the Office of Strategic Workforce Development. The agency engages with emerging and next generation industries like clean energy and semiconductor manufacturing looking to grow in New York State, operates a network of assistance centers to help small businesses grow and succeed, and promotes the state’s world class tourism destinations through I LOVE NY. For more information, please visit esd.ny.gov, and connect with ESD on LinkedIn, Facebook and X, formerly known as Twitter.

MIL OSI USA News –
April 30, 2025
MIL-OSI USA: 04.29.2025 WTAS: Bipartisan, Bicameral TAKE IT DOWN Act to Criminalize the Spread of Deepfake Revenge Porn Heads to President Trump’s Desk

US Senate News:

Source: United States Senator for Texas Ted Cruz

Washington, D.C. – Yesterday, the bipartisan, bicameral TAKE IT DOWN Act, introduced in the Senate by Commerce Committee Chairman Ted Cruz (R-Texas) and co-led by Sen. Amy Klobuchar (D-Minn.), passed the U.S. House of Representatives by a vote of 409-2 and heads to President Trump’s desk. The legislation unanimously passed the Senate in February.
The TAKE IT DOWN Act criminalizes the publication of non-consensual intimate imagery (NCII), including AI-generated NCII (or “deepfake revenge pornography”), and requires social media and similar websites to implement procedures to remove such content within 48 hours of notice from a victim.
The House companion was introduced by Reps. Maria Elvira Salazar (R-Fla.) and Madeleine Dean (D-Pa.).
Here is what they are saying about the TAKE IT DOWN Act:

TIME: Inside the First Major U.S. Bill Tackling AI Harms—and Deepfake Abuse
“In January, however, Cruz was promoted to become the chair of the Senate Commerce Committee, giving him a major position of power to set agendas. His office rallied the support for Take it Down from a slew of different public interest groups. They also helped persuade tech companies to support the bill, which worked: Snapchat and Meta got behind it.
“‘Cruz put an unbelievable amount of muscle into this bill,’ says Sunny Gandhi, vice president of political affairs at Encode, an AI-focused advocacy group that supported the bill. ‘They spent a lot of effort wrangling a lot of the companies to make sure that they wouldn’t be opposed, and getting leadership interested.’”

THE DALLAS MORNING NEWS: House passes Ted Cruz bill cracking down on deepfake nudes
“U.S. Sen. Ted Cruz’s bill targeting the publication of nonconsensual deepfake pornography will soon be federal law.
“The House voted 409-2 Monday to approve the bill, which already passed the Senate, sending it to President Donald Trump’s desk.
“Elliston was 14 years old in October 2023 when a classmate used an artificial intelligence program to turn innocent photos of her and her friends into realistic-looking nudes and distributed the images on social media.
“They were only removed after they shared the story with Cruz and he pushed for action.
“First lady Melania Trump participated in an event highlighting the issue and Elliston sat with her as a guest for the president’s joint address to Congress.
“Trump gave Elliston a shout-out during the speech, saying he looked forward to signing Cruz’s proposal into law after the House passed it.”

USA TODAY: With rare bipartisan support, Congress passes bill to outlaw deepfake pornography
“A bill to criminalize AI-generated explicit images, or ‘deepfakes,’ is headed to President Donald Trump’s desk after sailing through both chambers of Congress with near-unanimous approval.
“The Take It Down Act has enjoyed uncommon bipartisan support, along with a key endorsement from the first lady.
“The newly-passed bill will require technology platforms to remove reported “non-consensual, sexually exploitative images” within 48 hours of receiving a valid request. Sens. Ted Cruz, R-Texas, and Amy Klobuchar, D-Minnesota, introduced the legislation in August.”

The New York Times: House Passes Bill to Ban Sharing of Revenge Porn, Sending It to Trump
“The legislation, introduced by Senators Ted Cruz, Republican of Texas, and Amy Klobuchar, Democrat of Minnesota, is the first internet content law to clear Congress since 2018, when lawmakers approved legislation to fight online sex trafficking. And though it focuses on revenge porn and deepfakes, the bill is seen as an important step toward regulating internet companies that have for decades escaped government scrutiny.”

CBS NEWS: House passes “Take it Down Act,” sending revenge porn bill backed by Melania Trump to president’s desk
“‘If you’re a victim of revenge porn or AI-generated explicit imagery, your life changes forever,’ Sen. Ted Cruz, a Texas Republican, said at a March 3 roundtable promoting the bill.
“Cruz, who introduced the bill, recalled the experience of a teenage victim, Elliston Berry, whose classmate used an app to create explicit images of her and then sent them to her classmates. Berry’s mother had tried unsuccessfully to get Snapchat to remove the images for months before she contacted Cruz’s office for help.
“‘It should not take a sitting senator or sitting member of Congress picking up the phone to get a picture down or video down,’ Cruz said.”

CNN: House passes bill aimed at protecting victims of deepfake and revenge porn
“Republican Sen. Ted Cruz of Texas introduced the bill, and a bipartisan group of lawmakers, including Democratic Sen. Amy Klobuchar of Minnesota and Rep. Madeleine Dean of Pennsylvania, have supported the effort.
“According to Cruz’s office, the bill ‘would criminalize the publication of non-consensual intimate imagery (NCII), including AI-generated NCII (or ‘deepfake pornography’), and require social media and similar websites to have in place procedures to remove such content upon notification from a victim.’”

THE HILL: Bill criminalizing deepfake revenge porn passes House, heads to Trump’s desk
“Cruz celebrated the bill’s passage on Monday, calling it a ‘historic win in the fight to protect victims of revenge porn and deepfake abuse.’
“‘By requiring social media companies to take down this abusive content quickly, we are sparing victims from repeated trauma and holding predators accountable,’ he wrote in a statement.”
More than 120 organizations representing victim advocacy groups, law enforcement, and tech industry leaders have voiced their support for the legislation, including Meta, Snap, Google, Microsoft, TikTok, X, Amazon, Bumble, Match Group, Entertainment Software Association, IBM, TechNet, the U.S. Chamber of Commerce, Internet Works, the Fraternal Order of Police, the National Center for Missing and Exploited Children (NCMEC), RAINN (Rape, Abuse, & Incest National Network), and the National Center on Sexual Exploitation (NCOSE).
In March, Sen. Cruz and Rep. Salazar hosted a bipartisan roundtable with First Lady Melania Trump to hear from victims of revenge and deepfake pornography and urge the House to pass the bipartisan TAKE IT DOWN Act. During his State of the Union address, President Trump emphasized the bill’s importance and said, “I look forward to signing it into law.”
Other notable endorsements came from the bipartisan Problem Solvers Caucus, a group of House lawmakers evenly split between Republicans and Democrats, and Paris Hilton, who called the bill “a crucial step toward ending non-consensual image sharing online.”
During the 118th Congress, the bill unanimously passed the Senate Commerce Committee and the full Senate.
BACKGROUND:
While nearly every state has a law protecting people from non-consensual intimate imagery (NCII), including 30 states with laws explicitly covering sexual deepfakes, these state laws vary in classification of crime and penalty and have uneven criminal prosecution. Further, victims struggle to have images depicting them removed from websites, increasing the likelihood the images are continuously spread and victims are retraumatized.
In 2022, Congress passed legislation creating a civil cause of action for victims to sue individuals responsible for publishing NCII. However, bringing a civil action can be incredibly impractical. It is time-consuming, expensive, and may force victims to relive trauma. Further exacerbating the problem, it is not always clear who is responsible for publishing the NCII.
The TAKE IT DOWN Act would protect and empower victims of real and deepfake NCII while respecting speech by:

Criminalizing the publication of NCII in interstate commerce. The bill makes it unlawful for a person to knowingly publish NCII on social media and other online platforms. NCII is defined to include realistic, computer-generated pornographic images and videos that depict identifiable, real people. The bill also clarifies that a victim consenting to the creation of an authentic image does not mean that the victim has consented to its publication.
Protecting good faith efforts to assist victims. The bill permits the good faith disclosure of NCII, such as to law enforcement.
Requiring websites to take down NCII upon notice from the victim. Social media and other websites would be required to have in place procedures to remove NCII, pursuant to a valid request from a victim, within 48 hours. Websites must also make reasonable efforts to remove copies of the images. The Federal Trade Commission is charged with enforcement of this section.
Protecting lawful speech. The bill is narrowly tailored to criminalize knowingly publishing NCII without chilling lawful speech. The bill conforms to current First Amendment jurisprudence by requiring that computer-generated NCII meet a “reasonable person” test for appearing indistinguishable from an authentic image.

To read the bill text, click HERE.

MIL OSI USA News –

April 30, 2025

MIL-OSI: Silicon Motion Announces Results for the Period Ended March 31, 2025

Source: GlobeNewswire (MIL-OSI)

Business Highlights

First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y
- SSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/Y
- eMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/Y
- SSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/Y
Announced new $50 million share repurchase program

Financial Highlights

	1Q 2025 GAAP	1Q 2025 Non-GAAP*
• Net sales	$166.5 million (-13% Q/Q, -12% Y/Y)	$166.5 million (-13% Q/Q, -12% Y/Y)
• Gross margin	47.1%	47.1%
• Operating margin	5.9%	8.9%
• Earnings per diluted ADS	$0.58	$0.60

* Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release.

TAIPEI, Taiwan and MILPITAS, Calif., April 30, 2025 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended March 31, 2025. For the first quarter of 2025, net sales (GAAP) decreased sequentially to $166.5 million from $191.2 million in the fourth quarter of 2024. Net income (GAAP) decreased to $19.5 million, or $0.58 per diluted American depositary share (“ADS”) (GAAP), from net income (GAAP) of $21.6 million, or $0.64 per diluted ADS (GAAP), in the fourth quarter of 2024.

For the first quarter of 2025, net income (non-GAAP) decreased to $20.3 million, or $0.60 per diluted ADS (non-GAAP), from net income (non-GAAP) of $29.4 million, or $0.87 per diluted ADS (non-GAAP), in the fourth quarter of 2024.

All financial numbers are in U.S. dollars unless otherwise noted.

First Quarter of 2025 Review

“Despite the challenging macro environment in the first quarter of 2025, we executed our plan and delivered quarterly revenue at the high end of our guided range and delivered another quarter of gross margin expansion,” stated Wallace Kou, President and CEO of Silicon Motion. “Our industry leading PCIe Gen 5 controller experienced stronger than expected demand during the quarter, partially driven by growing AI inference demands from white box server makers leveraging more mainstream hardware components. Our eMMC and UFS controllers also experienced better than expected demand given a rebound in the smartphone market and our ongoing market share gains. While the near-term remains challenging given the broader economic challenges associated with tariffs and potential trade wars, we remain focused on delivering strong, sustainable long-term growth through product diversification; expanding into new markets; and growing market share across our portfolio of consumer, enterprise, automotive, industrial and storage solutions.”

Key Financial Results

($ in millions, except per ADS amounts)	GAAP			Non-GAAP
($ in millions, except per ADS amounts)	1Q 2025	4Q 2024	1Q 2024	1Q 2025	4Q 2024	1Q 2024
Revenue	$166.5	$191.2	$189.3	$166.5	$191.2	$189.3
Gross profit	$78.4	$87.6	$85.1	$78.4	$87.9	$85.2
Percent of revenue	47.1%	45.8%	45.0%	47.1%	46.0%	45.0%
Operating expenses	$68.6	$69.9	$67.2	$63.6	$58.3	$62.5
Operating profit	$9.8	$17.7	$18.0	$14.9	$29.6	$22.6
Percent of revenue	5.9%	9.3%	9.5%	8.9%	15.5%	12.0%
Earnings per diluted ADS	$0.58	$0.64	$0.48	$0.60	$0.87	$0.64

Other Financial Information

($ in millions)	1Q 2025	4Q 2024	1Q 2024
Cash, cash equivalents, and restricted cash—end of period	$331.7	$334.3	$349.3
Routine capital expenditures	$7.0	$7.3	$5.0
Dividend payments	$17.0	$16.8	$16.8
Share repurchases	$24.3	—	—

During the first quarter of 2025, we had $11.7 million of capital expenditures, including $7.0 million for the routine purchases of testing equipment, software, design tools and other items, and $4.7 million for building construction in Hsinchu, Taiwan.

Returning Value to Shareholders

On February 6, 2025, we announced that our Board of Directors had authorized a new program for the Company to repurchase up to $50 million of our ADSs over a six-month period. In the first quarter of 2025, we repurchased $24.3 million of our ADSs at an average price of $56.96 per ADS.

Business Outlook

“We are rapidly expanding our market opportunities as we invest in new products and enter new markets, which we anticipate will drive improved revenue and profitability for many years to come. In 2025, we expect to benefit from the introduction of several new products, including our 8-channel PCIE Gen 5 controller, our 4-channel PCIe Gen 5 controller targeting the mass market that will be introduced in late 2025, our higher-end UFS 4.1 and new low-cost UFS 2.2 controllers that will ramp in the second half of 2025. We introduced our first MonTitan enterprise/AI-class products at the end of 2024, and we expect these to ramp-up production with our first customers in the second half of 2025. Additionally, we continue to expand our automotive product portfolio and our market share across multiple applications. While the near-term environment remains challenging given the macro environment, including the potential impact of tariffs and potential trade wars, we continue to believe we will see a strong rebound in the consumer markets in the second half of 2025, enhanced by our new product introductions, and we continue to target a revenue run rate of $1 billion as we exit the year.”

For the second quarter of 2025, management expects:

($ in millions, except percentages)	GAAP	Non-GAAP Adjustment	Non-GAAP
Revenue	$175 to $183 +5% to 10% Q/Q	—	$175 to $183 +5% to 10% Q/Q
Gross margin	47.0% to 48.0%	Approximately $0.1*	47.0% to 48.0%
Operating margin	6.6% to 9.2%	Approximately $3.1 to $4.1**	8.9% to 10.9%

* Projected gross margin (non-GAAP) excludes $0.1 million of stock-based compensation.
** Projected operating margin (non-GAAP) excludes $3.1million to $4.1 million of stock-based compensation and dispute related expenses.

Conference Call & Webcast:

The Company’s management team will conduct a conference call at 8:00 am Eastern Time on April 30, 2025.

Conference Call Details
Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

Participant Online Registration:
https://register-conf.media-server.com/register/BI5c69a4c2d96041b59a2bf8a51cec1881

A webcast of the call will be available on the Company’s website at www.siliconmotion.com.

Discussion of Non-GAAP Financial Measures

To supplement the Company’s unaudited selected financial results calculated in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”), the Company discloses certain non-GAAP financial measures that exclude stock-based compensation and other items, including gross profit (non-GAAP), gross margin (non-GAAP), operating expenses (non-GAAP), operating profit (non-GAAP), operating margin (non-GAAP), non-operating income (expense) (non-GAAP), net income (non-GAAP), and earnings per diluted ADS (non-GAAP). These non-GAAP measures are not in accordance with or an alternative to GAAP and may be different from similarly-titled non-GAAP measures used by other companies. We believe that these non-GAAP measures have limitations in that they do not reflect all the amounts associated with the Company’s results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate the Company’s results of operations in conjunction with the corresponding GAAP measures. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP measure. We compensate for the limitations of our non-GAAP financial measures by relying upon GAAP results to gain a complete picture of our performance.

Our non-GAAP financial measures are provided to enhance the user’s overall understanding of our current financial performance and our prospects for the future. Specifically, we believe the non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that we believe are not indicative of our core operating results and because they are consistent with the financial models and estimates published by many analysts who follow the Company. We use non-GAAP measures to evaluate the operating performance of our business, for comparison with our forecasts, and for benchmarking our performance externally against our competitors. Also, when evaluating potential acquisitions, we exclude the items described below from our consideration of the target’s performance and valuation. Since we find these measures to be useful, we believe that our investors benefit from seeing the results from management’s perspective in addition to seeing our GAAP results. We believe that these non-GAAP measures, when read in conjunction with the Company’s GAAP financials, provide useful information to investors by offering:

the ability to make more meaningful period-to-period comparisons of the Company’s on-going operating results;
the ability to better identify trends in the Company’s underlying business and perform related trend analysis;
a better understanding of how management plans and measures the Company’s underlying business; and
an easier way to compare the Company’s operating results against analyst financial models and operating results of our competitors that supplement their GAAP results with non-GAAP financial measures.

The following are explanations of each of the adjustments that we incorporate into our non-GAAP measures, as well as the reasons for excluding each of these individual items in our reconciliation of these non-GAAP financial measures:

Stock-based compensation expense consists of non-cash charges related to the fair value of restricted stock units awarded to employees. The Company believes that the exclusion of these non-cash charges provides for more accurate comparisons of our operating results to our peer companies due to the varying available valuation methodologies, subjective assumptions and the variety of award types. In addition, the Company believes it is useful to investors to understand the specific impact of share-based compensation on its operating results.

Restructuring charges relate to the restructuring of our underperforming product lines, principally the write-down of NAND flash, embedded DRAM and SSD inventory valuation and severance payments.

Dispute related expenses consist of legal, consultant, other fees and resolution related to the dispute.

Foreign exchange loss (gain) consists of translation gains and/or losses of non-US$ denominated current assets and current liabilities, as well as certain other balance sheet items, which result from the appreciation or depreciation of non-US$ currencies against the US$. We do not use financial instruments to manage the impact on our operations from changes in foreign exchange rates, and because our operations are subject to fluctuations in foreign exchange rates, we therefore exclude foreign exchange gains and losses when presenting non-GAAP financial measures.

Realized/Unrealized loss (gain) on investments relates to the disposal and net change in fair value of long-term investments.

Silicon Motion Technology Corporation Consolidated Statements of Income (in thousands, except percentages and per ADS data, unaudited)

	For Three Months Ended
	Mar. 31,	Dec. 31,	Mar. 31,
	2024	2024	2025
	($)	($)	($)
Net Sales	189,311	191,160	166,492
Cost of sales	104,191	103,560	88,125
Gross profit	85,120	87,600	78,367
Operating expenses
Research & development	54,392	54,156	55,026
Sales & marketing	6,304	7,360	7,115
General & administrative	6,474	8,350	6,460
Operating income	17,950	17,734	9,766
Non-operating income (expense)
Interest income, net	3,066	3,768	2,929
Foreign exchange gain, net	588	1,046	373
Realized/Unrealized gain(loss) on investments	(1,608)	956	3,296
Subtotal	2,046	5,770	6,598
Income before income tax	19,996	23,504	16,364
Income tax expense (benefit)	3,980	1,935	(3,099)
Net income	16,016	21,569	19,463

Earnings per basic ADS	0.48	0.64	0.58
Earnings per diluted ADS	0.48	0.64	0.58

Margin Analysis:
Gross margin	45.0%	45.8%	47.1%
Operating margin	9.5%	9.3%	5.9%
Net margin	8.5%	11.3%	11.7%

Additional Data:
Weighted avg. ADS equivalents	33,508	33,690	33,634
Diluted ADS equivalents	33,701	33,814	33,827

Silicon Motion Technology Corporation Reconciliation of GAAP to Non-GAAP Operating Results (in thousands, except percentages and per ADS data, unaudited)

	For Three Months Ended
	Mar. 31,	Dec. 31,	Mar. 31,
	2024	2024	2025
	($)	($)	($)
Gross profit (GAAP)	85,120	87,600	78,367
*Gross margin (GAAP)*	45.0%	45.8%	47.1%
Stock-based compensation (A)	72	162	73
Restructuring charges	–	164	–
Gross profit (non-GAAP)	85,192	87,926	78,440
*Gross margin (non-GAAP)*	45.0%	46.0%	47.1%

Operating expenses (GAAP)	67,170	69,866	68,601
Stock-based compensation (A)	(3,093)	(9,585)	(4,738)
Dispute related expenses	(1,532)	(1,999)	(277)
Operating expenses (non-GAAP)	62,545	58,282	63,586

Operating profit (GAAP)	17,950	17,734	9,766
*Operating margin (GAAP)*	9.5%	9.3%	5.9%
Total adjustments to operating profit	4,697	11,910	5,088
Operating profit (non-GAAP)	22,647	29,644	14,854
*Operating margin (non-GAAP)*	12.0%	15.5%	8.9%

Non-operating income (expense) (GAAP)	2,046	5,770	6,598
Foreign exchange loss (gain), net	(588)	(1,046)	(373)
Realized/Unrealized loss (gain) on investments	1,608	(956)	(3,296)
Non-operating income (expense) (non-GAAP)	3,066	3,768	2,929

Net income (GAAP)	16,016	21,569	19,463
Total pre-tax impact of non-GAAP adjustments	5,717	9,908	1,419
Income tax impact of non-GAAP adjustments	(147)	(2,049)	(610)
Net income (non-GAAP)	21,586	29,428	20,272

Earnings per diluted ADS (GAAP)	$0.48	$0.64	$0.58
Earnings per diluted ADS (non-GAAP)	$0.64	$0.87	$0.60

Shares used in computing earnings per diluted ADS (GAAP)	33,701	33,814	33,827
Non-GAAP adjustments	26	181	20
Shares used in computing earnings per diluted ADS (non-GAAP)	33,727	33,995	33,847

(A)Excludes stock-based compensation as follows:
Cost of sales	72	162	73
Research & development	2,143	6,670	3,003
Sales & marketing	347	978	862
General & administrative	603	1,937	873

Silicon Motion Technology Corporation Consolidated Balance Sheet (In thousands, unaudited)

	Mar. 31,	Dec. 31,	Mar. 31,
	2024	2024	2025
	($)	($)	($)
Cash and cash equivalents	294,814	276,068	275,140
Accounts receivable (net)	186,154	233,744	206,693
Inventories	253,316	199,229	180,903
Refundable deposits – current	49,610	54,645	53,015
Prepaid expenses and other current assets	17,944	31,187	32,102
Total current assets	801,838	794,873	747,853
Long-term investments	15,489	17,326	20,636
Property and equipment (net)	174,420	188,398	193,603
Other assets	32,529	30,739	29,310
Total assets	1,024,276	1,031,336	991,402

Accounts payable	64,810	17,773	23,048
Income tax payable	10,702	13,107	14,782
Accrued expenses and other current liabilities	135,425	168,624	130,277
Total current liabilities	210,937	199,504	168,107
Other liabilities	59,883	59,548	50,968
Total liabilities	270,820	259,052	219,075
Shareholders’ equity	753,456	772,284	772,327
Total liabilities & shareholders’ equity	1,024,276	1,031,336	991,402

Silicon Motion Technology Corporation Condensed Consolidated Statements of Cash Flows (in thousands, unaudited)

	For Three Months Ended
	Mar. 31,	Dec. 31,	Mar. 31,
	2024	2024	2025
	($)	($)	($)
Net income	16,016	21,569	19,463
Depreciation & amortization	5,608	7,256	7,225
Stock-based compensation	3,165	9,747	4,811
Investment losses (gain) & disposals	1,608	(956)	(3,309)
Changes in operating assets and liabilities	(18,586)	(43,774)	22,082
Net cash provided by (used in) operating activities	7,811	(6,158)	50,272

Purchase of property & equipment	(10,749)	(10,836)	(11,661)
Proceeds from disposal of properties	–	3	13
Purchase of long-term investments	–	(4,173)	–
Disposal of long-term investments	–	4,432	–
Net cash provided by (used in) investing activities	(10,749)	(10,574)	(11,648)

Dividend payments	(16,808)	(16,814)	(16,956)
Share repurchases	–	–	(24,291)
Net cash used in financing activities	(16,808)	(16,814)	(41,247)

Net increase (decrease) in cash, cash equivalents & restricted cash	(19,746)	(33,546)	(2,623)
Effect of foreign exchange changes	35	(717)	37
Cash, cash equivalents & restricted cash—beginning of period	368,990	368,596	334,333
Cash, cash equivalents & restricted cash—end of period	349,279	334,333	331,747

About Silicon Motion:

We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.

Forward-Looking Statements:
This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China, including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this news release.

The MIL Network –

April 30, 2025

MIL-OSI: GBank Financial Holdings Inc. Announces First Quarter 2025 Financial Results

Source: GlobeNewswire (MIL-OSI)

LAS VEGAS, April 29, 2025 (GLOBE NEWSWIRE) — GBank Financial Holdings Inc. (the “Company”) (OTCQX: GBFH), the parent company of GBank (the “Bank”), today reported net income for the quarter ended March 31, 2025 of $4.5 million, or $0.31 per diluted share, compared to $5.2 million, or $0.37 per diluted share during the fourth quarter of 2024, and $3.7 million, or $0.29 per diluted share, for the first quarter of 2024.

First Quarter 2025 Financial Highlights (Unaudited)

Net income of $4.5 million and diluted earnings per share of $0.31

Net revenue⁽¹⁾of $17.4 million, an increase of 31.4% compared to the first quarter of 2024

SBA Lending and Commercial Banking loan originations of $133.0 million, compared to $136.6 million for the first quarter of 2024

Gain on sale of loans of $2.5 million on loans sold of $68.7 million, compared to gain on sale of loans of $2.1 million on loans sold of $68.6 million for the first quarter of 2024

Credit card charge transactions of $105.6 million and net interchange fees of $2.0 million, compared to $1.1 million and $20 thousand, respectively, for the first quarter of 2024

Non-interest expenses include legal, professional, and audit fees from registration on Forms S-1 and S-1A, which total approximately $1.1 million to date

Net interest margin of 4.47%

Total deposit growth of $189.0 million, or 23.4% compared to March 31, 2024

Total on-balance sheet guaranteed loans of $245.6 million, compared to $263.5 million as of March 31, 2024

Non-performing assets, excluding guaranteed portions, of $5.7 million, representing 0.48% of total assets

Edward M. Nigro, Executive Chairman, stated, “While quarterly net revenues⁽¹⁾ increased 31% over the first quarter of 2024, our first quarter noninterest income, driven by the increased monetization of Gaming FinTech operations, increased 51% year-over-year with noninterest revenue exceeding $5 million. And in just these last two weeks, GBFH received SEC approval of its S-1 filing and was approved to commence trading on NASDAQ – we have been busy.”

Registration Statement on Form S-1

On April 16, 2025, the Company announced that the U.S. Securities and Exchange Commission declared effective the Company’s Registration Statement on Form S-1 (the “Form S-1”) related to registration and resale of 1,081,081 shares of common stock, currently held by existing stockholders and issued in the Company’s Private Placement Offering (the “Offering”) which closed on October 11, 2024.

The Company is not currently offering or selling new shares of common stock, and there will be no change to the issued and outstanding number of shares of common stock of the Company in connection with the Form S-1. Copies of the prospectus included in the Registration Statement may be obtained from the Company by request or by visiting
https://www.sec.gov/Archives/edgar/data/1791145/000147793225002363/gbfh_s1.htm.

Financial Results

Income Statement

Net interest income totaled $11.9 million for the first quarter of 2025, reflecting an increase of $105 thousand, or 0.9%, compared to $11.8 million for the fourth quarter of 2024, and an increase of $1.1 million, or 10.1%, compared to the first quarter of 2024.

The increase in net interest income from the fourth quarter was driven by a favorable reduction in the cost of deposits, partially offset by lower interest income on loans. The favorable decrease in the cost of deposits of $305 thousand was the result of (i) the redemption of $20 million of certain higher-cost callable brokered deposits during the quarter having a weighted-average interest rate of 4.95%, (ii) rate decreases on interest-bearing deposits resulting from the 50 basis point decrease in the federal funds rate enacted during the fourth quarter 2024 by the Federal Open Market Committee (“FOMC”), and (iii) the non-recurring effect of accelerated recognition of certain premiums on brokered certificates of deposits during the fourth quarter of 2024 totaling $170 thousand. The favorable decrease in the cost of deposits was partially offset by a decrease in interest income on loans of $395 thousand primarily due to the full-quarter impact of the previously mentioned 50 basis point decrease in the federal funds rate on the Bank’s variable rate loan portfolio. Interest income for the first quarter of 2025 reflects the net effect of the reversal of $100 thousand of interest accruals, deferred fees, and deferred costs attributable to $2.8 million of commercial loans placed on nonaccrual status during the first quarter of 2025. Comparatively, the fourth quarter of 2024 reflects the net effect of the reversal of $342 thousand of interest accruals, deferred fees, and deferred costs attributable to $12.4 million of commercial loans placed on nonaccrual status.

The increase in net interest income when compared to the first quarter of 2024 was primarily volume driven, as higher interest income from growth in average loan and interest-bearing cash balances more than offset increases in interest expense resulting from higher average balances of interest-bearing deposits.

Investment securities yield was 4.94% for the first quarter of 2025, compared to 4.74% for the fourth quarter of 2024 and 4.16% for the first quarter of 2024. The increase in investment securities yield when compared to the previous linked quarter and to the same quarter of 2024 was driven by the purchase of $72.9 million of investment securities over the previous twelve months to replace certain lower-yielding U.S. Treasury securities that matured during 2024.

The Company’s net interest margin for the first quarter of 2025 decreased to 4.47%, compared to 4.53% for the fourth quarter of 2024 and 4.85% for the first quarter of 2024. The decrease in net interest margin when compared to the fourth and first quarters of 2024 is reflective of the full-quarter impact of the 50 basis point decrease in the federal funds rate enacted in during the fourth quarter of 2024 by the FOMC on variable rate loans, investment securities, and interest bearing cash balances and interest income reversals relating to loans placed on nonaccrual status during the quarter.

The Company recorded a provision for credit losses on loans of $710 thousand for the first quarter of 2025, a decrease of $627 thousand compared to $1.3 million for the fourth quarter of 2024. No provision for credit losses on loans was recorded during the first quarter of 2024. The provision for credit losses on loans recorded in the first quarter of 2025 reflects quarterly growth in non-guaranteed loans of $24.4 million.

Non-interest income was $5.5 million for the first quarter of 2025, compared to $5.8 million for the fourth quarter of 2024, and $2.4 million for the first quarter of 2024. The $301 thousand decrease in non-interest income when compared to the fourth quarter of 2024 was driven by a $1.5 million decrease in income from gain on sale of loans due to a decrease in average pretax gain on sale margin and lower sales volume quarter-over-quarter. The decrease in gain on sale of loans was partially offset by an increase in credit card net interchange fees of $1.1 million quarter-over-quarter due to increased credit card transaction volume. The $3.1 million increase in non-interest income when compared to the first quarter of 2024 was driven by (i) an increase in credit card net interchange fees of $2.0 million, (ii) a $643 thousand increase in loan servicing income as the first quarter of 2024 reflected the write-off of certain loan servicing assets totaling $401 thousand relating to the repurchase of the guaranteed portion of previously sold SBA loans, and (iii) a $454 thousand increase in income from gain on sale of loans.

Net revenue⁽¹⁾ totaled $17.4 million for the first quarter of 2025, representing a decrease of $196 thousand, or 1.1%, compared to $17.6 million for the fourth quarter of 2024. Net revenue⁽¹⁾ for the first quarter of 2025 increased $4.2 million, or 31.4%, when compared to $13.2 million for the first quarter of 2024.

Non-interest expense was $10.9 million during the first quarter of 2025, compared to $9.7 million for the fourth quarter of 2024 and $8.4 million for the first quarter of 2024. The Company’s efficiency ratio was 62.8%, compared to 55.4% for the fourth quarter of 2024 and 63.4% for the first quarter of 2024. The increase in non-interest expense from the fourth quarter of 2024 is primarily due to an increase of $587 thousand in employee compensation costs attributable to higher commission expenses related to loan production. The increase in non-interest expense also reflects extraordinary legal, professional, and audit fees incurred to date totaling $1.1 million associated with the preparation and filing of the registration statement with the Securities and Exchange Commission on Forms S-1 and S-1/A, approximately $786 thousand of these expenses were incurred during the first quarter of 2025. Additionally, data processing expenses increased $201 thousand when compared to the fourth quarter of 2024 related mainly to higher credit card volume. The increase in non-interest expense from the first quarter of 2024 was driven by a $1.1 million increase in employee compensation costs due to increased staffing levels, as well as a $1.5 million increase in other expenses due to the previously mentioned legal, professional, and audit fees associated with the registration statement filing and increases in data processing, supplies, and other non-interest expenses to support the growth of the organization.

Income tax expense was $1.2 million for each of the quarters ended March 31, 2025 and December 31, 2024, and $1.1 million for the first quarter of 2024. The Company’s effective tax rate was 21.4% for the quarter ended March 31, 2025 compared to 19.1% for the quarter ended December 31, 2024 and 23.1% for the quarter ended March 31, 2024. The fluctuations in the effective tax rate are largely driven by the timing and volume of certain stock-based compensation transactions resulting in tax benefits to the Company, as well as the timing and volume of state tax adjustments.

Net income was $4.5 million for the first quarter of 2025, a decrease of $774 thousand from $5.2 million for the fourth quarter of 2024, and an increase of $769 thousand from $3.7 million for the first quarter of 2024. Diluted earnings per share totaled $0.31 for the first quarter of 2025, compared to $0.37 for the fourth quarter of 2024 and $0.29 for the first quarter of 2024. Earnings per share and other share-based metrics have been impacted by the shares issued in the previously mentioned Offering.

The Company had 175 full-time equivalent employees as of March 31, 2025, compared to 169 full-time equivalent employees as of December 31, 2024, and 150 full-time equivalent employees as of March 31, 2024.

Balance Sheet

Total loans, net of deferred fees and costs were $843.4 million as of March 31, 2025, compared to $816.0 million as of December 31, 2024, and $733.6 million as of March 31, 2024. Loans, net of deferred fees and costs increased $27.4 million during the first quarter of 2025 as increases in commercial real estate loans more than offset decreases in commercial and industrial and residential loans. The increase in loans, net of deferred fees and costs of $109.8 million from March 31, 2024 was primarily driven by increases of $97.7 million in commercial real estate loans. Total guaranteed loans as a percentage of loans⁽¹⁾ were 24.2% as of March 31, 2025, compared to 24.7% as of December 31, 2024, and 29.8% as of March 31, 2024.

The Company’s allowance for credit losses totaled $9.0 million as of March 31, 2025, compared to $9.1 million as of December 31, 2024 and $7.1 million as of March 31, 2024. The allowance for credit losses as a percentage of total loans was 1.07% as of March 31, 2025, compared to 1.12% as of December 31, 2024, and 0.97% as of March 31, 2024. The allowance for loan losses as a percentage of total loans, excluding guaranteed portions⁽¹⁾, was 1.41% as of March 31, 2025, compared to 1.48% as of December 31, 2024, and 1.38% as of March 31, 2024.

Deposits totaled $995.9 million as of March 31, 2025, an increase of $60.9 million from $935.1 million as of December 31, 2024, and an increase of $189.0 million from $806.9 million as of March 31, 2024. By deposit type, the increase from the prior quarter was driven by an increase of $40.7 million in certificates of deposit and a $23.3 million increase in savings and money market accounts. From March 31, 2024, certificates of deposit increased by $83.9 million, and savings and money market accounts increased by $80.5 million. Noninterest-bearing deposits totaled $242.7 million as of March 31, 2025, an increase of $3.0 million from $239.7 million as of December 31, 2024, and an increase of $26.3 million from $216.3 million as of March 31, 2024.

The Company’s ratio of loans to deposits was 84.7% as of March 31, 2025, compared to 87.3% as of December 31, 2024, and 90.9% as of March 31, 2024.

The Company held no short-term borrowings as of March 31, 2025 or December 31, 2024, compared to short term borrowings of $10.0 million as of March 31, 2024. As of March 31, 2025, the Company had approximately $488.3 million in available borrowing capacity from the Federal Reserve Bank, the Federal Home Loan Bank, and through its various Fed Funds lines.

Subordinated notes totaled $26.1 million as of March 31, 2025 and December 31, 2024, compared to $26.0 million as of March 31, 2024.

Stockholders’ equity was $146.6 million as of March 31, 2025, compared to $140.7 million as of December 31, 2024, and $102.6 million as of March 31, 2024. The increase in stockholders’ equity from December 31, 2024 is attributable to increases in retained earnings resulting from net income earned during the quarter. The increase in stockholders’ equity since March 31, 2024 was driven by the previously mentioned Offering, net income earned during the previous twelve months, as well as an increase in capital resulting from the issuance of non-voting common shares related to the Company’s investment in BankCard Services, LLC (“BCS“) during the second quarter of 2024.

The Company’s common equity to tangible assets ratio was 12.3% as of March 31, 2025, compared to 12.5% as of December 31, 2024, and 10.6% as of March 31, 2024. The Bank’s Tier 1 leverage ratio was 14.2% as of March 31, 2025, compared to 12.9% as of December 31, 2024, and 13.0% as of March 31, 2024. The increase in the Bank’s Tier 1 leverage ratio was the result of the downstream of $15.0 million in additional capital from the holding company to the Bank during the first quarter of 2025. The Company’s book value per share was $10.27 as of March 31, 2025, an increase of 4.1% from $9.87 as of December 31, 2024, and an increase of 28.4% from $8.00 as of March 31, 2024. The increase in tangible book value per share from December 31, 2024 is attributable to net income and increases in additional paid in capital resulting from certain stock-based compensation activity during the quarter. The increase since March 31, 2024 is attributable to net income, the Offering, and the increases in capital resulting from the issuance of non-voting common shares related to the Company’s investment in BCS during the second quarter of 2024.

Total assets increased 6.0% to $1.190 billion as of March 31, 2025, from $1.122 billion as of December 31, 2024, and increased 23.5% from $963.4 million as of March 31, 2024. The increase in total assets from December 31, 2024 was primarily driven by increases in loans and interest-bearing deposits with banks. The increase in total assets from March 31, 2024 was primarily driven by increases in loans, interest bearing deposits with banks, and investment securities.

Asset Quality

The provision for credit losses on loans totaled $710 thousand for the first quarter of 2025, compared to $1.3 million for the fourth quarter of 2024. No provision for credit losses on loans was recorded during the first quarter of 2024. Net loan charge-offs in the first quarter of 2025 totaled $828 thousand, or 0.39% of average net loans (annualized), compared to net loan charge-offs of $157 thousand, or 0.07% of average net loans (annualized) in the fourth quarter of 2024 and no net loan charge-offs or recoveries during the first quarter of 2024.

Nonaccrual loans increased $5.1 million during the quarter to $19.2 million as of March 31, 2025, and increased $13.1 million from $6.1 million as of March 31, 2024. Loans past due 90 days and accruing interest totaled $1.2 million as of March 31, 2025, compared to $40 thousand as of December 31, 2024, and $33 thousand as of March 31, 2024. The balance of loans past due 90 days and accruing of $1.2 million at March 31, 2025 was comprised of one commercial real estate loan totaling $1.1 million and certain credit card balances totaling $49 thousand.

The Company held no other real estate owned as of March 31, 2025 or 2024, or December 31, 2024.

Total non-performing assets totaled $20.4 million as of March 31, 2025, an increase of $6.2 million from $14.2 million as of December 31, 2024, and an increase of $14.2 million from $6.1 million as of March 31, 2024. Non-performing assets, excluding guaranteed portions, totaled $5.7 million as of March 31, 2025, an increase of $839 thousand from $4.8 million as of December 31, 2024 and an increase of $4.1 million from $1.6 million as of March 31, 2024.

Loans past due between 30 and 89 days and accruing interest totaled $14.9 million as of March 31, 2025, an increase of $3.0 million from $11.8 million as of December 31, 2024, and an increase of $11.4 million from $3.4 million as of March 31, 2024. The guaranteed portion of loans past due between 30 and 89 days and accruing interest totaled $11.9 million as of March 31, 2025.

The ratio of total non-performing assets to total assets was 1.71% as of March 31, 2025, compared to 1.26% as of December 31, 2024, and 0.64% as of March 31, 2024. The ratio of non-performing assets, excluding guaranteed portions, to total assets⁽¹⁾ was 0.48% as of March 31, 2025, compared to 0.43% as of December 31, 2024, and 0.16% as of March 31, 2024.

Other Financial Highlights

SBA Lending and Commercial Banking

SBA Lending and Commercial Banking loan originations totaled $133.0 million for the first quarter of 2025, compared to $120.0 million for the fourth quarter of 2024 and $136.6 million for the first quarter of 2024. Loan sale volume decreased to $68.7 million during the first quarter of 2025, compared to $98.5 million for the fourth quarter of 2024, and increased slightly from $68.6 million during the first quarter of 2024. Gain on sale of loans decreased 36.5% to $2.5 million, compared to $4.0 million for the fourth quarter of 2024, and increased 21.8% from $2.1 million for the first quarter of 2024. The average pretax gain on sale of loans margin was 3.69% for the first quarter of 2025, compared to 4.06% for the fourth quarter of 2024 and 3.04% for the first quarter of 2024.

Gaming FinTech

GBank’s partner, BCS, has been actively developing its pipeline of Pooled Player and Pooled Consumer Accounts “Powered by PIMS and CIMS”™. BCS is currently onboarding three new programs. BCS is working with two gaming operators as a part of the latest Product Express partnership with MasterCard and i2c announced during the third quarter of 2024. One client is a cash access service provider in the casino industry and the other is a social gaming operator. Both are working to onboard their prepaid issuing program through this partnership. These programs are expected to be active early in the second quarter of 2025. BCS has executed an additional card issuing agreement with a client offering prepaid access services for cashless venues nationwide. This program went live in the first quarter of 2025. Additionally, the BoltBetz slot machine application is now expected to be fully live in the second quarter of 2025.

BCS and GBank now have seventeen active payment and PPA/PCA clients. Currently, BCS and GBank are conducting due diligence for three new clients, with anticipated onboarding in future quarters. Gaming FinTech deposits averaged $37.1 million for the first quarter of 2025, compared to $30.5 million for the fourth quarter of 2024.

The Bank launched its GBank Visa Signature® Card in the second quarter of 2023 for prime and super-prime consumers, offering one percent cash rewards on gaming transactions and two percent cash rewards on all other purchases.

Credit card charge transactions were $105.6 million for the first quarter of 2025, compared to $51.7 million for the fourth quarter of 2024 and $1.1 million for the first quarter of 2024. Credit card balances were $2.3 million as of March 31, 2025, compared to $1.6 million as of December 31, 2024 and $542 thousand as of March 31, 2024. Through March 31, 2025, and since launch, the Bank has processed over $172 million in gaming transactions through its credit card product.

GBank continues to develop and improve its operational credit card systems, including the internal implementation of application landing pages and internal customer service resources. These efforts are a continuation of the Company’s ongoing strategy to ultimately manage all systems directly as opposed to relying on outsourced third parties. Direct control over these critical resources has become more important as we focus are executing on new marketing agreements, create significant additional social media presence, and require related product systems with the ability to perform on a mass scale. Implementation and testing of these initiatives is currently underway with completion anticipated during the third quarter of 2025, which is expected to cause slowing growth in credit card transactions and growth over the short-term.

Non-Voting Equity Investment in BankCard Services, LLC

On June 26, 2024, the Company announced the acquisition of a 32.99% non-voting equity interest in BCS. This acquisition was completed by exchanging 231,508 shares of restricted, non-voting GBFH common stock for 143,371 shares of non-voting BCS common stock. The GBFH non-voting stock must be held by BCS for a minimum of one year and can only be converted into voting shares upon a disposition by BCS, in accordance with applicable Federal Reserve regulations.

Earnings Call

The Company will host its first quarter 2025 earnings call on Wednesday, April 30, 2025, at 10:00 a.m. PST. Interested parties can participate remotely via Internet connectivity. There will be no physical location for attendance.

Interested parties may join online, via the ZOOM app on their smartphones, or by telephone:

ZOOM Conference ID 826 3030 7240
Passcode: 549549

Joining by ZOOM Conference (audio only):

Log in on your computer at
https://us02web.zoom.us/j/82630307240?pwd=TU4yZXJqMEc2VGZoUm5rRTl0OVFxdz09
or use the ZOOM app on your smartphone.

Joining by Telephone

Dial (408) 638-0968. The conference ID is 826 3030 7240. Passcode: 549549.

Click here to learn more about GBank Financial Holdings Inc.

Notice Regarding Disclosures and Forward-Looking Statements

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding certain of the Company’s goals and expectations with respect to future events that are subject to various risks and uncertainties, and statements preceded by, followed by, or that include the words “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions. These statements are based upon the current belief and expectations of the Company’s management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control). Factors that could cause actual results to differ materially from management’s projections, forecasts, estimates and expectations include, but are not limited to: the impact on us or our customers of a decline in general economic conditions and any regulatory responses thereto; potential recession in the United States and our market areas; the impacts related to or resulting from bank failures and any continuation of uncertainty in the banking industry, including the associated impact to the Company and other financial institutions of any regulatory changes or other mitigation efforts taken by government agencies in response thereto; increased competition for deposits and related changes in deposit customer behavior; the impact of changes in market interest rates, whether due to continued elevated interest rates or potential reductions in interest rates and a resulting decline in net interest income; the persistence of the inflationary pressures, or the resurgence of elevated levels of inflation, in the United States and our market areas; the uncertain impacts of ongoing quantitative tightening and current and future monetary policies of the Board of Governors of the Federal Reserve System; effects of declines in housing prices in the United States and our market areas; increases in unemployment rates in the United States and our market areas; declines in commercial real estate values and prices; uncertainty regarding United States fiscal debt and budget matters; cyber incidents or other failures, disruptions or breaches of our operational or security systems or infrastructure, or those of our third-party vendors or other service providers, including as a result of cyber-attacks; severe weather, natural disasters, acts of war or terrorism, geopolitical instability or other external events; regulatory considerations; our ability to recognize the expected benefits and synergies of our completed acquisitions; the maintenance and development of well-established and valued client relationships and referral source relationships; acquisition or loss of key production personnel; changes in tax laws; the risks related to the development, implementation, use and management of emerging technologies, including artificial intelligence and machine learnings; potential increased regulatory requirements and costs related to the transition and physical impacts of climate change; and current or future litigation, regulatory examinations or other legal and/or regulatory actions. These forward-looking statements are based on current information and/or management’s good faith belief as to future events. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, the Company can give no assurance that the results contemplated in the forward-looking statements will be realized. Due to these and other possible uncertainties and risks, readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. The inclusion of this forward-looking information should not be construed as a representation by the Company or any person that the future events, plans, or expectations contemplated by the Company will be achieved. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The forward-looking statements are made as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. All forward-looking statements, express or implied, included in the press release are qualified in their entirety by this cautionary statement.

GBank Financial Holdings Inc.
9115 West Russell Road, Suite 110
Las Vegas, Nevada 89148
https://www.gbankfinancialholdings.com/

FIRST QUARTER 2025 FINANCIAL RESULTS (UNAUDITED)

Quarter Highlights:
Net Income	Earnings per diluted share	Net revenue⁽¹⁾	Net interest margin	On-balance sheet guaranteed loans	Book value per common share
$4.5 million	$0.31	$17.4 million	4.47%	$245.6 million	$10.27

CEO COMMENTARY:

“Our results reflect a continuation of strong earnings, with Company revenues absorbing elevated one-time costs, including SEC related audit, accounting, and legal expenses, which have now totaled approximately $1.1 million to date,” stated T. Ryan Sullivan, President/CEO

LINKED QUARTER BASIS

QTD YEAR-OVER-YEAR

FINANCIAL HIGHLIGHTS:
Net income of $4.5 million and earnings per diluted share of $0.31, compared to $5.2 million and $0.37, respectively Net interest income of $11.9 million, an increase of 0.9%, or $105 thousand	Net income of $4.5 million and earnings per diluted share of $0.31, compared to $3.7 million and $0.29, respectively Net interest income of $11.9 million, an increase of 10.1%, or $1.1 million
Gain on sale of loans of $2.5 million, a decrease of 36.5%, or $1.5 million	Gain on sale of loans of $2.5 million, an increase of 21.8%, or $454 thousand
Noninterest income of $5.5 million, a decrease of 5.2%, or $301 thousand	Noninterest income of $5.5 million, an increase of 127.2%, or $3.1 million
Net revenue⁽¹⁾ of $17.4 million, a decrease of 1.1%, or $196 thousand	Net revenue⁽¹⁾ of $17.4 million, an increase of 31.4%, or $4.2 million
Noninterest expense of $10.9 million, an increase of 12.2%, or $1.2 million	Noninterest expense of $10.9 million, an increase of 30.2%, or $2.5 million

FINANCIAL POSITION RESULTS:
On-balance sheet guaranteed loans of $245.6 million, an increase of 5.0%, or $11.6 million	On-balance sheet guaranteed loans of $245.6 million, a decrease of 6.8%, or $18.0 million
Total deposits of $996.0 million, an increase of 6.5%, or $60.9 million	Total deposits of $996.0 million, an increase of 23.4%, or $189.0 million
Stockholders’ equity of $146.6 million, an increase of 4.2%, or $5.9 million	Stockholders’ equity of $146.6 million, an increase of 42.9%, or $44.0 million

LOANS AND ASSET QUALITY:
Nonperforming assets (nonaccrual loans, accruing loans past due 90 days or more, and OREO) to total assets of 1.71%, compared to 1.26% Nonperforming assets, excluding guaranteed balances, to total assets of 0.48%, compared to 0.43%	Nonperforming assets (nonaccrual loans, accruing loans past due 90 days or more, and OREO) to total assets of 1.71%, compared to 0.64% Nonperforming assets, excluding guaranteed balances, to total assets of 0.48%, compared to 0.16%
ACL to loans, excluding guaranteed balances, of 1.41%, compared to 1.48%	ACL to loans, excluding guaranteed balances, of 1.41%, compared to 1.38%

KEY PERFORMANCE METRICS:
Net interest margin decreased to 4.47%, compared to 4.53%	Net interest margin decreased to 4.47%, compared to 4.85%
Loan originations of $133.0 million, an increase of 10.9%, or $13.0 million	Loan originations of $133.0 million, a decrease of 2.7%, or $3.6 million
Return on average assets and equity was 1.61% and 12.59%, compared to 1.93% and 15.13%, respectively	Return on average assets and equity was 1.61% and 12.59%, compared to 1.59% and 14.67%, respectively
Book value per share of $10.27, an increase of 4.1% from $9.87	Book value per share of $10.27, an increase of 28.4% from $8.00

GBank Financial Holdings Inc.
Condensed Consolidated Balance Sheets
(Unaudited)

																Linked Quarter					Quarter YOY
																3/31/25 vs. 12/31/24					3/31/25 vs. 3/31/24
($’s in 000, except per share data)	Mar 31, 2025			Dec 31, 2024			Sep 30, 2024			Jun 30, 2024			Mar 31, 2024			$ Var			% Var		$ Var			% Var
Assets
Cash and Due From Banks	$	6,701		$	9,262		$	5,798		$	5,409		$	8,334		$	(2,561	)	-27.6	%	$	(1,633	)	-19.6	%
Interest-Bearing Deposits With Other Financial Institutions		140,270			114,860			65,160			82,749			45,844			25,410		22.1	%		94,426		206.0	%
Total Cash and Cash Equivalents		146,971			124,122			70,958			88,158			54,178			22,849		18.4	%		92,793		171.3	%

Investment Securities:
Available For Sale, at Fair Value		71,468			65,609			39,381			2,330			2,588			5,859		8.9	%		68,880		2661.5	%
Held to Maturity, at Amortized Cost		39,903			40,569			46,043			56,520			86,999			(666	)	-1.6	%		(47,096	)	-54.1	%

Loans Held For Sale		41,313			32,649			68,317			40,489			44,901			8,664		26.5	%		(3,588	)	-8.0	%
Loans, Net of Deferred Fees and Costs:
Commercial and Industrial		56,885			64,000			53,490			50,498			46,863			(7,115	)	-11.1	%		10,022		21.4	%
Commercial Real Estate – Non-owner Occupied		672,379			630,551			607,864			583,463			546,408			41,828		6.6	%		125,971		23.1	%
Commercial Real Estate – Owner Occupied		81,768			88,802			86,785			106,595			110,065			(7,034	)	-7.9	%		(28,297	)	-25.7	%
Construction and Land Development		3,201			2,934			2,161			529			386			267		9.1	%		2,815		729.3	%
Multifamily		19,011			17,374			17,398			17,420			17,037			1,637		9.4	%		1,974		11.6	%
Residential		7,619			10,584			12,025			13,443			12,281			(2,965	)	-28.0	%		(4,662	)	-38.0	%
Consumer		2,502			1,713			1,276			909			549			789		46.1	%		1,953		355.7	%
Total Loans, Net of Deferred Fees and Costs		843,365			815,958			780,999			772,857			733,589			27,407		3.4	%		109,776		15.0	%
Less: Allowance for Credit Losses		(8,997	)		(9,114	)		(7,934	)		(7,342	)		(7,088	)		117		-1.3	%		(1,909	)	26.9	%
Total Net Loans		834,368			806,844			773,065			765,515			726,501			27,524		3.4	%		107,867		14.8	%

Loan Servicing Asset		9,231			8,976			8,046			7,698			7,124			255		2.8	%		2,107		29.6	%
Restricted Investment in Bank Stock		4,652			4,652			4,652			4,652			3,222			–		0.0	%		1,430		44.4	%
All Other Assets		42,106			38,943			37,540			43,992			37,937			3,163		8.1	%		4,169		11.0	%
Total Assets	$	1,190,012		$	1,122,364		$	1,048,002		$	1,009,354		$	963,450		$	67,648		6.0	%	$	226,562		23.5	%
Liabilities
Non-Interest Bearing Demand	$	242,650		$	239,672		$	229,875		$	220,438		$	216,307		$	2,978		1.2	%	$	26,343		12.2	%
Interest Bearing Demand		62,035			68,132			65,623			65,120			63,740			(6,097	)	-8.9	%		(1,705	)	-2.7	%
Savings and Money Market		280,056			256,724			244,091			222,115			199,549			23,332		9.1	%		80,507		40.3	%
Certificates of Deposit		411,201			370,552			343,931			332,695			327,326			40,649		11.0	%		83,875		25.6	%
Total Deposits		995,942			935,080			883,520			840,368			806,922			60,862		6.5	%		189,020		23.4	%

Short-Term Borrowings		–			–			–			12,000			10,000			–		0.0	%		(10,000	)	-100.0	%
Subordinated Debt		26,107			26,088			26,070			26,051			26,032			19		0.1	%		75		0.3	%
Operating Lease Liability		6,299			4,839			5,032			5,221			5,409			1,460		30.2	%		890		16.5	%
Other Liabilities		15,048			15,657			16,997			14,769			12,521			(609	)	-3.9	%		2,527		20.2	%
Total Liabilities		1,043,396			981,664			931,619			898,409			860,884			61,732		6.3	%		182,512		21.2	%

Equity
Common Stock		1			1			1			1			1			–		0.0	%		–		0.0	%
Additional Paid-in Capital		78,718			77,571			57,287			56,966			53,322			1,147		1.5	%		25,396		47.6	%
Retained Earnings		68,906			64,437			59,192			54,177			49,501			4,469		6.9	%		19,405		39.2	%
Accumulated Other Comprehensive Loss		(1,009	)		(1,309	)		(97	)		(199	)		(258	)		300		-22.9	%		(751	)	291.1	%
Total Stockholders’ Equity		146,616			140,700			116,383			110,945			102,566			5,916		4.2	%		44,050		42.9	%
Total Liabilities & Stockholders’ Equity	$	1,190,012		$	1,122,364		$	1,048,002		$	1,009,354		$	963,450		$	67,648		6.0	%	$	226,562		23.5	%

Book Value Per Common Share	$	10.27		$	9.87		$	8.91		$	8.49		$	8.00		$	0.40		4.1	%	$	2.27		28.4	%

GBank Financial Holdings Inc.
Condensed Consolidated Income Statements
(Unaudited)

	Three Months Ended
($’s in 000, except per share data)	Mar 31, 2025			Dec 31, 2024			Sep 30, 2024			Jun 30, 2024			Mar 31, 2024
Interest Income
Loans	$	16,836		$	17,231		$	17,347		$	16,360		$	15,330
Deposits With Other Financial Institutions		1,192			1,099			1,367			1,165			972
Investment Securities		1,281			1,177			924			868			1,014
Other Interest Bearing Balances		100			103			102			96			74
Total Interest Income		19,409			19,610			19,740			18,489			17,390

Interest Expense
Deposits		7,230			7,535			7,194			6,848			6,198
Short-term Borrowings and Subordinated Debt		285			286			287			293			390
Total Interest Expense		7,515			7,821			7,481			7,141			6,588

Net Interest Income		11,894			11,789			12,259			11,348			10,802
Provision for Credit Losses – Loans		(710	)		(1,337	)		(570	)		(283	)		–
Provision for Credit Losses – Unfunded Commitments		(11	)		(13	)		(8	)		(12	)		(20	)
Net Interest Income after Provision for Credit Losses		11,173			10,439			11,681			11,053			10,782

Other Income
Gain on Sales of Loans		2,537			3,998			2,838			3,163			2,083
Loan Servicing Income		703			597			566			534			60
Service Charges and Fees		56			54			48			41			41
Net Interchange Fees		2,003			947			284			146			20
Other Income		164			168			166			282			201
Total Other Income		5,463			5,764			3,902			4,166			2,405

Noninterest Expenses
Salaries and Employee Benefits		6,400			5,813			5,495			5,752			5,290
Occupancy Expenses		392			398			404			417			447
Other Expenses		4,115			3,509			3,156			2,963			2,637
Total Noninterest Expenses		10,907			9,720			9,055			9,132			8,374

Income Before Provision For Income Taxes		5,729			6,483			6,528			6,087			4,813
Provision For Income Taxes		(1,224	)		(1,239	)		(1,513	)		(1,411	)		(1,112	)
Net Income Before Equity Investment Loss		4,505			5,244			5,015			4,676			3,701
Net Loss Attributable to Equity Investment		(35	)		–			–			–			–
Net Income	$	4,470		$	5,244		$	5,015		$	4,676		$	3,701

Earnings Per Share	$	0.31		$	0.37		$	0.38		$	0.36		$	0.29
Earnings Per Share (Diluted)	$	0.31		$	0.37		$	0.38		$	0.36		$	0.29

GBank Financial Holdings Inc.
Average Balances, Rates, and Interest Income and Expense
(Unaudited)

				For the Three Months Ended
				March 31, 2025						December 31, 2024						March 31, 2024
(Dollars in thousands)				Average				Yield/		Average				Yield/		Average				Yield/
				Balance		Interest		Rate⁽²⁾		Balance		Interest		Rate⁽²⁾		Balance		Interest		Rate⁽²⁾
ASSETS:
	Interest Bearing Deposits			$	102,628	$	1,192	4.71	%	$	85,424	$	1,099	5.12	%	$	66,100	$	972	5.91	%
	Investment Securities:
		Taxable			105,222		1,281	4.94	%		98,712		1,177	4.74	%		98,084		1,014	4.16	%
	Loans and Loans Held For Sale				866,690		16,836	7.88	%		846,583		17,231	8.10	%		727,786		15,330	8.47	%
	Restricted Investment in Bank Stock				4,652		100	8.72	%		4,652		103	8.81	%		3,222		74	9.24	%
		Total Earning Assets			1,079,192		19,409	7.29	%		1,035,371		19,610	7.53	%		895,192		17,390	7.81	%

	Cash and Due From Banks				6,216						5,938						5,935
	Other Assets				39,177						38,753						33,602
			Total Assets	$	1,124,585					$	1,080,062					$	934,729

LIABILITIES & SHAREHOLDERS’ EQUITY
	Deposits:
		Interest-bearing Demand		$	65,693	$	355	2.19	%	$	64,453	$	385	2.38	%	$	65,303	$	393	2.42	%
		Money Market and Savings			264,085		2,411	3.70	%		255,068		2,496	3.89	%		186,372		1,759	3.80	%
		Certificates of Deposit			385,704		4,464	4.69	%		359,285		4,654	5.15	%		309,221		4,046	5.26	%
			Total Interest-Bearing Deposits		715,482		7,230	4.10	%		678,806		7,535	4.42	%		560,896		6,198	4.44	%

	Short-Term Borrowings				–		–	0.00	%		2		–	0.00	%		7,583		104	5.52	%
	Subordinated Debt				26,095		285	4.43	%		26,076		286	4.36	%		26,021		286	4.42	%
			Total Interest-Bearing Liabilities		741,577		7,515	4.11	%		704,884		7,821	4.41	%		594,500		6,588	4.46	%

	Noninterest-bearing Deposits				218,874						214,880						220,767
	Other Liabilities				20,139						22,403						18,003
	Shareholders’ Equity				143,995						137,895						101,459
			Total Liabilities & Shareholders’ Equity	$	1,124,585					$	1,080,062					$	934,729

	Net Interest Income					$	11,894					$	11,789					$	10,802

	Total Yield on Earning Assets							7.29	%					7.53	%					7.81	%
	Cost on Interest-Bearing Liabilities							4.11	%					4.41	%					4.46	%
	Average Interest Spread							3.18	%					3.12	%					3.35	%
	Net Interest Margin							4.47	%					4.53	%					4.85	%
	Net Interest Margin (Bank Only)							4.58	%					4.64	%					4.98	%

GBank Financial Holdings Inc.
Additional Financial Information
(Unaudited)

	Three Months Ended
($’s in 000, except per share data)	Mar 31, 2025			Dec 31, 2024			Sep 30, 2024			Jun 30, 2024			Mar 31, 2024

Key Performance Metrics
Return on Average Assets-Net Income ⁽²⁾		1.61	%		1.93	%		1.96	%		1.90	%		1.59	%
Return on Average Stockholders’ Equity⁽²⁾		12.59	%		15.13	%		17.29	%		17.59	%		14.67	%
Efficiency Ratio		62.84	%		55.38	%		56.03	%		58.86	%		63.41	%
Net Interest Margin⁽²⁾		4.47	%		4.53	%		5.00	%		4.82	%		4.85	%
Net Revenue⁽¹⁾	$	17,357		$	17,553		$	16,161		$	15,514		$	13,207
Common Equity / Assets		12.3	%		12.5	%		11.1	%		11.0	%		10.6	%
Tier 1 Leverage Ratio – Bank		14.23	%		12.90	%		13.08	%		12.88	%		13.03	%

Selected Loan Metrics
Guaranteed Portion of Loans Held for Sale	$	41,313		$	32,649		$	68,317		$	40,489		$	44,901
Guaranteed Portion of Loans Held for Investment		204,239			201,267			203,027			215,382			218,619
Total Guaranteed Loans		245,552			233,916			271,344			255,871			263,520
Guaranteed Loans as a Percent of Loans⁽¹⁾		24.2	%		24.7	%		26.0	%		27.9	%		29.8	%

Asset Quality
Total nonaccrual loans	$	19,220		$	14,128		$	5,381		$	6,470		$	6,096
Loans past due 90 days and still accruing		1,153			40			27			1,142			33
Other real estate owned		–			–			–			–			–
Total non-performing assets		20,373			14,168			5,408			7,612			6,129
Non-performing assets: guaranteed portion		14,687			9,321			3,838			5,396			4,572
Non-performing assets: non-guaranteed portion		5,686			4,847			1,570			2,216			1,557

Non-performing assets to total assets		1.71	%		1.26	%		0.52	%		0.75	%		0.64	%
Non-performing assets, excluding guaranteed, to total assets⁽¹⁾		0.48	%		0.43	%		0.15	%		0.22	%		0.16	%
Net charge-offs (recoveries)	$	828		$	157		$	(22	)	$	29		$	–

Loans past due 30-89 days and accruing	$	14,853		$	11,822		$	12,390		$	1,054		$	3,428
Loans past due 30-89 days and accruing: guaranteed portion	$	11,915		$	8,713		$	8,535		$	–		$	1,028
Loans past due 30-89 days and accruing: non-guaranteed portion	$	2,938		$	3,109		$	3,855		$	1,054		$	2,400

Allowance for Credit Losses (ACL)	$	8,997		$	9,114		$	7,934		$	7,342		$	7,088
Nonaccrual loans	$	19,220		$	14,128		$	5,381		$	6,470		$	6,096
ACL to nonaccrual loans		47	%		65	%		147	%		113	%		116	%
ACL to nonaccrual loans, excluding guaranteed⁽¹⁾		168	%		190	%		514	%		130	%		465	%
ACL to loans		1.07	%		1.12	%		1.02	%		0.95	%		0.97	%
ACL to loans, excluding guaranteed⁽¹⁾		1.41	%		1.48	%		1.37	%		1.32	%		1.38	%

Book Value
Stockholders’ Equity	$	146,616		$	140,700		$	116,383		$	110,945		$	102,566
Common shares outstanding		14,271			14,252			13,067			13,061			12,824
Book value per common share	$	10.27		$	9.87		$	8.91		$	8.49		$	8.00
Employees – FTE		175			169			159			155			150

GBank Financial Holdings Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)

	Three Months Ended
($’s in 000, except per share data)	Mar 31, 2025			Dec 31, 2024			Sep 30, 2024			Jun 30, 2024			Mar 31, 2024

Net Revenue⁽³⁾
Net Interest Income	$	11,894		$	11,789		$	12,259		$	11,348		$	10,802
Non-Interest Income		5,463			5,764			3,902			4,166			2,405
Net Revenue	$	17,357		$	17,553		$	16,161		$	15,514		$	13,207

Guaranteed Loans as a Percent of Loans⁽⁴⁾
SBA and USDA Guaranteed Loans	$	204,239		$	201,267		$	203,027		$	215,382		$	218,619
Loans, Net of Deferred Fees and Costs		843,365			815,958			780,999			772,857			733,589
Guaranteed Loans as a % of Loans		24.2	%		24.7	%		26.0	%		27.9	%		29.8	%

Non-performing assets, excluding guaranteed, to total assets⁽⁴⁾
Non-performing assets	$	20,373		$	14,168		$	5,408		$	7,612		$	6,129
Less: SBA and USDA guaranteed portions of non-performing assets		14,687			9,321			3,838			5,396			4,572
Non-performing assets, excluding guaranteed portions		5,686			4,847			1,570			2,216			1,557
Total assets		1,190,012			1,122,364			1,048,002			1,009,354			963,450
Non-performing assets, excluding guaranteed, to total assets		0.48	%		0.43	%		0.15	%		0.22	%		0.16	%

Allowance for credit losses (ACL) to nonaccrual loans, excluding guaranteed⁽⁴⁾
Nonaccrual loans	$	19,220		$	14,128		$	5,381		$	6,470		$	6,096
Less: SBA and USDA guaranteed portions of nonaccrual loans		13,859			9,321			3,838			833			4,572
Nonaccrual loans, excluding guaranteed portions		5,361			4,807			1,543			5,637			1,524
ACL to nonaccrual loans, excluding guaranteed		168	%		190	%		514	%		130	%		465	%

ACL to loans, excluding guaranteed⁽⁴⁾
Loans, net of deferred fees and costs	$	843,365		$	815,958		$	780,999		$	772,857		$	733,589
Less: SBA and USDA guaranteed portions of loans		204,239			201,267			203,027			215,382			218,619
Loans, excluding guaranteed		639,126			614,691			577,972			557,475			514,970
ACL to loans, excluding guaranteed		1.41	%		1.48	%		1.37	%		1.32	%		1.38	%

	⁽¹⁾	See Reconciliation of Non-GAAP Financial Measures
	⁽²⁾	Ratios are annualized on an actual/actual basis
	⁽³⁾	We believe this non-GAAP measurement presents trends in income generation of the Company.
	⁽⁴⁾	We believe these non-GAAP measurements provide useful metrics regarding the at-risk assets of the Company.

The MIL Network –

April 30, 2025

MIL-OSI: iRhythm Technologies to Present at the Bank of America Securities 2025 Health Care Conference

Source: GlobeNewswire (MIL-OSI)

SAN FRANCISCO, April 29, 2025 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, prevent, and predict disease, today announced the company will be participating in the upcoming Bank of America Securities 2025 Health Care Conference.

iRhythm’s management is scheduled to present on Tuesday, May 13, 2025, 3:40 p.m. Pacific Time/6:40 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Events & Presentations” section of the company’s investor website at investors.irhythmtech.com.

About iRhythm Technologies, Inc.
iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Investor Contact
Stephanie Zhadkevich
investors@irhythmtech.com

Media Contact
Kassandra Perry
irhythm@highwirepr.com

The MIL Network –

April 30, 2025
MIL-OSI United Kingdom: Councils to seize and crush fly-tipping vehicles to clean up Britain
Source: United Kingdom – Executive Government & Departments

Press release

Councils to seize and crush fly-tipping vehicles to clean up Britain

Waste criminals, fly-tippers and cowboy waste operators to have vehicles seized and crushed
Secretary of State Steve Reed visiting A1 Metal Recycling Centre in Wokingham to see a vehicle being crushed

A new crackdown on cowboy waste operators will tackle soaring fly-tipping and clean up Britain’s streets, lanes and rural areas, the Government has announced today (Tuesday 29 April).

Councils will work with the police to identify, seize and crush vehicles of waste criminals. Drones and mobile CCTV cameras will be deployed to identify cars and vans belonging to fly-tippers so they can be destroyed.

Ministers have launched a rapid review to slash red tape blocking councils from seizing and crushing vehicles. Councils currently have to bear the significant cost of seizing and storing vehicles but under new plans, being consider by Ministers, fly-tippers will cover this cost, saving councils and taxpayers money.

In addition, waste cowboys will now face up to five years in prison for operating illegally. Any criminals caught transporting and dealing with waste illegally will now face up to five years in prison under new legislation.

Secretary of State for the Environment, Food and Rural Affairs, Steve Reed said:

Waste criminals and fly-tippers who blight our towns and villages have gone unpunished for too long.

That ends today. The Government is calling time on fly-tipping. I will not stand by while this avalanche of rubbish buries our communities.

Under the Plan for Change, this Government will seize and crush fly-tippers vans’ to clean up Britain’s streets.

These measures support the Government’s Plan for Change and will help deliver its key mission of Safer Streets for the public, restoring communities’ faith in efforts to combat anti-social behaviour.

Waste crime is trashing communities across the country. Fly-tipping has skyrocketed by a fifth whilst the number of prosecutions has fallen by the same amount since 2018/19. The failure to punish these criminals has left our high streets, roads and countryside buried under an avalanche of rubbish.

The Environment Agency will also carry out identity and criminal record checks on operators in the sector so there is nowhere to hide for rogue firms.

It will be handed more resources as they will now be able to fund the cost of policing the industry through permits, boosting their powers and cutting costs for taxpayers. The reforms will also give them more power to revoke permits, issue enforcement notices and hefty fines.

Philip Duffy, Environment Agency Chief Executive, said:

Waste crime is toxic. Criminals’ thoughtless actions harm people, places, and the economy, blighting our communities and disrupting legitimate businesses.

At the Environment Agency, we’re determined to bring these criminals to justice through tough enforcement action and prosecutions. That’s why we support the Government’s crackdown on waste criminals, which will ensure we have the right powers to shut rogue operators out of the waste industry.

Executive Director of the Environmental Services Association (ESA), Jacob Hayler, said:

For too long, criminality has run rampant across the waste sector. These illegal activities threaten the environment; damage communities and undermine legitimate recycling and waste operations. ESA has long campaigned for tighter rules, tougher enforcement and harsher penalties to deter criminals, so we very much welcome today’s reforms and hope that they are put to good use driving criminals out of our sector.

In particular, the proposed reforms to the carriers, brokers, dealers and exemption regimes, coupled with strong and effective enforcement from the regulators, could go a long way to help tackle the scourge of waste crime, with increased scrutiny and accountability making it much harder for criminals to operate in our sector.

Councillor Muhammed Butt, Leader of Brent Council, said:

Our residents have had enough of the dumpers who pollute their neighbourhoods with rubbish. These new powers will be a welcome addition to our arsenal, reinforcing our zero-tolerance stance on fly-tipping. We’ve already witnessed the positive impact of our focused efforts, and I am determined to use every tool at our disposal, including seizing vehicles, to reclaim our streets.

The Government is making available £69 billion to council budgets across England – a 6.8% cash terms increase – and bringing forward the first multi-year funding settlement in a decade, to help fund key responsibilities like tackling fly-tipping

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Published 29 April 2025
MIL OSI United Kingdom –
April 30, 2025
MIL-OSI: Urgently Announces First Quarter 2025 Earnings Release Date and Conference Call; Participation in Upcoming Investor Conferences
Source: GlobeNewswire (MIL-OSI)

VIENNA, Va., April 29, 2025 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the date for the release of its first quarter 2025 financial results and its participation in upcoming investor conferences.

First Quarter 2025 Earnings

Urgently will host a conference call on Tuesday, May 13, 2025, at 5:00 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call.

Those wishing to participate via webcast should access the call through Urgently’s Investor Relations website at https://investors.geturgently.com. Those wishing to participate via telephone may dial in at 1-877-317-6789 (USA) or 1-412-317-6789 (International). The replay will be available via webcast through Urgently’s Investor Relations website.

Upcoming Investor Conferences

During the first quarter of 2025, executive management will participate in the following upcoming investor conferences:
- The Sidoti Micro-Cap Virtual Investor Conference on May 21, 2025. Matt Booth, Chief Executive Officer of Urgently, and Tim Huffmyer, Chief Financial Officer of Urgently, are scheduled to present at 10:45 a.m. Eastern Time and will host one-on-one and small group investor meetings throughout the day.
- The Jefferies Automotive Aftermarket Private and Public Conference at the InterContinental New York Barclay in New York, New York on May 22, 2025. Matt Booth and Harrison Russell, Senior Vice President of Partnerships of Urgently, will host one-on-one and small group investor meetings throughout the day.
A live webcast and archived replay of conference presentation will be available on the Urgently Investor Relations website at https://investors.geturgently.com/.

About Urgently

Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

For media and investment inquiries, please contact:
Press: media@geturgently.com
Investor Relations: investorrelations@geturgently.com

The MIL Network –
April 30, 2025
MIL-OSI Russia: Dmytro Chernyshenko thanked teachers and mentors of schools in the Kherson region for preserving historical memory

Translation. Region: Russian Federal

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Deputy Prime Minister Dmytro Chernyshenko made a working visit to the Kherson region.

The Vice Prime Minister assessed the progress of construction and restoration of institutions in the spheres of education, youth policy, sports, religion, and also talked to their representatives. The events were attended by the Governor of the Kherson region Volodymyr Saldo.

The event “The glory of these days will not fade!” was held at Genicheskaya School No. 1. In the presence of Dmitry Chernyshenko, students recited poems about the Great Patriotic War and performed songs about Russia.

In addition, the Deputy Prime Minister assessed the work of the school museum “History of One Family”. It features the exhibition “Suitcase of Memory” dedicated to the Great Patriotic War and the SVO.

“On the eve of one of the most important holidays – Victory Day – I express my deep gratitude to the teachers and mentors who so carefully preserve the history of their native land. Let’s make sure that your experience with the “Memory Suitcase” is spread. At the very least, we will start with your sister schools, and then we will conduct such a relay race throughout the country. Everything that you have come up with here will now be repeated by your friends, colleagues from other cities of our vast country,” Dmitry Chernyshenko emphasized.

Currently, the school has 14 sister schools throughout Russia, including in Krasnodar Krai, Volgograd, Adygea, Moscow, St. Petersburg, and Khabarovsk.

The Deputy Prime Minister thanked the Republic of Adygea and its head Murat Kumpilov for the renovation of the physical education and health complex and the music room, and also noted the need for major repairs at the school.

In conclusion, he presented the school with a certificate for improving its material and technical base and history textbooks. “Promise that you will definitely study and try. After all, the most important thing you can do for our country now is to study well. And we, on our part, on the instructions of President Vladimir Putin, will continue to create conditions so that you can realize your potential and talents. And you have a lot of talents – we are convinced of this!” the Deputy Prime Minister addressed the students.

Also in Genichesk, Dmitry Chernyshenko assessed the progress of the comprehensive reconstruction of the Kherson Technical University and talked to students. The Deputy Prime Minister was provided with detailed information about the work of the Russian Children and Youth Movement “Movement of the First”, the physics and chemistry laboratory, the design department, as well as a presentation of the computer sports development center and the UAV research laboratory. In conclusion, the Deputy Prime Minister handed over a certificate to the university for the purchase of a vehicle.

“In the Kherson region, I see a huge focus on raising the level of socio-economic development. The most important thing is that on the eve of such an important holiday for our country – Victory Day – we decided to focus on children and youth and on the opportunities that are provided in accordance with the national goal outlined by President Vladimir Putin, to realize the potential and develop the talents of each person,” said Dmitry Chernyshenko.

He emphasized the professional involvement of teachers and also noted the importance of the role of modern defenders of the Fatherland: “We are very grateful to our heroes today, the participants of the SVO, who protect us and strive to ensure that peaceful life comes as soon as possible and we continue our positive development.”

In addition, Dmitry Chernyshenko and Vladimir Saldo visited the Cathedral of the Nativity of the Blessed Virgin Mary, where they discussed work issues with Metropolitan Filaret of Novaya Kakhovka and Genichesk and Archpriest Alexander Demkin.

“This is one of the most significant Orthodox churches in the Kherson region. A place where history, faith and national unity have always been close. The church is more than a century old – it has had to endure a lot at different times. Today it is open to people again, lives and receives parishioners. For the Kherson region, preserving churches is not just caring for buildings. It is preserving our history, our roots, which give us the strength to move forward,” said Volodymyr Saldo.

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 –

April 30, 2025
MIL-OSI USA News: 100 DAYS OF HOAXES: Cutting Through the Fake News
Source: The White House
Since President Donald J. Trump took office 100 days ago, it has been a nonstop deluge of hoaxes and lies from Democrats and their allies in the Fake News suffering from terminal cases of Trump Derangement Syndrome.

In no particular order, here are some of the most egregious hoaxes peddled by the usual suspects so far in President Trump’s second term:
- HOAX: Fake News CNN attempted to “fact check” President Trump’s claim that the Biden Administration spent millions on “making mice transgender.”
- FACT: After their so-called “fact check” was thoroughly debunked, they were forced to update it in disgrace and admit the claim was, in fact, true.
- HOAX: The Fake News claimed the Department of Defense removed Gen. Colin Powell’s name from a list of notable Americans buried at Arlington Cemetery.
- FACT: No service members’ names were removed from that section — and Gen. Powell’s name remains among those listed.
- HOAX: Rep. Eric Swalwell (D-CA) claimed “no president” presided over more plane crashes during their first month in office as President Trump.
- FACT: “There were 55 aviation accidents in the U.S. between Biden’s inauguration on Jan. 21, 2021, and Feb. 17, 2021, compared to 35 during the same period for Trump,” Fox News reported.
- HOAX: Gov. JB Pritzker (D-IL) and Chicago Public Schools officials claimed, without bothering to verify, that ICE agents had conducted a “raid” at an elementary school — a false claim echoed by media outlets, including the Chicago Tribune.
- FACT: It was actually the U.S. Secret Service investigating a threat unrelated to immigration.
- HOAX: Far-left influencers and other leftist hacks falsely claimed the Department of Government Efficiency (DOGE) and Elon Musk were out to “cut Social Security.”
- FACT: They were referencing an interview in which Musk was clearly referring to the tremendous amount of waste, fraud, and abuse within entitlement programs.
- HOAX: The media smeared DOGE as “young, inexperienced engineers” engineering a “government takeover.”
- FACT: In reality, DOGE is led by seasoned industry professionals, including successful CEOs who paused their lives to aid in the effort of streamlining government and holding the bureaucracy accountable.
- HOAX: NBC’s Peter Alexander peddled the lie that “constituents in some traditionally red districts” were unhappy with President Trump’s effort to cut waste, fraud, and abuse in government.
- FACT: The same “protests” cited by the Fake News were funded and organized by far-left special interest groups.
- HOAX: NPR claimed NASA astronauts Suni Williams and Butch Wilmore — who were stuck on the International Space Station for more than nine months following problems with their spacecraft — were “not stranded.”
- FACT: NPR itself had described the astronauts as stranded in prior reporting, and only seemed to take issue with the description once President Trump and Elon Musk made it a priority to bring them home.
- HOAX: A foreign Fake News outlet reported that President Trump “shut down” the British prime minister during a news conference.
- FACT: In reality, President Trump was simply moving on from a reporter who was trying to goad the two leaders into division.
- HOAX: NPR falsely claimed the White House was actively searching for a new secretary of defense.
- FACT: This lie was immediately shut down by multiple Trump Administration officials, including President Trump himself.
- HOAX: The Fake News attempted to paint illegal immigrant gang member Kilmar Abrego Garcia as an innocent “Maryland father” who was unjustly deported by the Trump Administration — and actively censored the truth about him.
- FACT: Abrego Garcia is a citizen of El Salvador and was deported to his home country amid overwhelming evidence of his gang affiliation.
- HOAX: Deranged “filmmaker” Michael Moore questioned whether deported illegal immigrants would go on to cure cancer or stop “that asteroid (sic) that’s gonna hit us.”
- FACT: Moore’s statement was a strong early contender for the dumbest, most ridiculous statement of the year considering those deported illegal immigrants were violent criminals.
- HOAX: The Fake News portrayed Mahmoud Khalil, a pro-Hamas radical who led violent protests at Columbia, as an innocent graduate student with an absolute right to remain in the U.S.
- FACT: An immigration judge ruled Khalil — who is not a U.S. citizen — can be deported.
- HOAX: The Financial Times reported that Senior White House Counselor Peter Navarro wanted to remove Canada from the “Five Eyes” intelligence sharing network.
- FACT: Mr. Navarro immediately shut down this fake story.
- HOAX: A foreign Fake News reporter claimed President Trump referred to European nations as “parasites.”
- FACT: President Trump immediately pushed back on this ridiculous claim — as did the Italian prime minister.
- HOAX: Fake News CNN’s Brianna Keilar implied the Trump Administration was somehow wrong for stopping illegal immigrants from stealing taxpayer dollars in the form of welfare benefits.
- FACT: Deputy Chief of Staff Stephen Miller summarily embarrassed her with the facts: “The federal government will find EVERY illegal alien who is stealing American taxpayer dollars — and that’s what Americans expect to happen. I don’t even fathom the premise of your question.”
- HOAX: A favorite refrain of the Fake News is that Secretary of Health and Human Services Robert F. Kennedy, Jr., is “anti-vaccine.”
- FACT: Kennedy debunked the lie in his confirmation hearings: “This has been repeatedly debunked … Bringing this up right now is dishonest.”
- HOAX: WIRED falsely claimed the Social Security Administration is “shifting its public communication exclusively to X” under President Trump.
- FACT: Not happening.
- HOAX: Reuters falsely reported that the Trump Administration “stalled a United Nations program in Mexico aimed at stopping imported fentanyl chemicals from reaching the country’s drug cartels.”
- FACT: The Department of State is actually trying to expand the initiative.
- FACT: The Fake News frequently pushed the lie that as part of the Trump administration, Secretary Kennedy would implement a national abortion ban and “restrict or even ban medication abortion without a single act of Congress.”
- FACT: Secretary Kennedy consistently pledged to implement President Trump’s policies — which include leaving abortion to the states, ending barbaric late-term abortions, protecting conscientious objections, and ending federal funding for abortions.
- HOAX: Fake News savant Tara Palmeri falsely reported that President Trump’s proposal for Gaza was conceived by Jared Kushner.
- FACT: This lie was immediately and summarily debunked by the Trump Administration: “The worst reporter in America makes up fake news for clout because she has no real sources. Sit down, dummy.”
- HOAX: Sen. Chris Murphy, Rep. Jasmine Crockett, and media outlets claimed President Trump’s directive to pause radical, wasteful government spending meant an end to Medicaid, food assistance, and other individual assistance programs.
- FACT: Individual assistance programs — Social Security, Medicare, Medicaid, SNAP, etc. — were explicitly excluded, as was made clear by Press Secretary Karoline Leavitt and the Office of Management and Budget. Only unnecessary spending — DEI, Green New Scam, NGOs that undermine the national interest — were included in the directive.
- HOAX: A “physicians advocacy group” was widely cited as opposing President Trump’s nomination of Robert F. Kennedy, Jr., to lead the Department of Health and Human Services.
- FACT: The “advocacy group” was really an astroturfed partisan organization funded by prominent left-wing donors — and accepted fake signatures.
- HOAX: Sen. Tim Kaine (D-VA) and other Democrats pushed the lie that DOGE posted “classified information” on their website.
- FACT: That alleged “classified information” was really just an employment headcount — which has been publicly available for years.
- HOAX: Rep. Debbie Wasserman Schultz (D-FL) claimed Secretary of Homeland Security Kristi Noem called all Venezuelan immigrants “dirtbags.”
- FACT: Secretary Noem actually called illegal immigrant members of the vicious Tren de Aragua gang “dirtbags,” which is true.
- HOAX: The New York Times wrote that Secretary Robert F. Kennedy, Jr., wanted to “ban fluoride in drinking water” and “reverse … one of the most important public health practices in the country’s history.”
- FACT: New York Times made no mention of their own reporting that fluoride may be “linked to lower IQ scores in children.”
- HOAX: Sen. Chuck Schumer (D-NY) repeatedly lied about President Trump “going after” Social Security.
- FACT: President Trump has repeatedly pledged to protect Social Security and make it more robust for American citizens.
- HOAX: Sen. Mark Kelley (D-AZ) attempted to scare veterans by shamelessly claiming their care was in jeopardy due to “layoffs” at VA hospitals.
- FACT: The lie was debunked by Secretary of Veterans Affairs Doug Collins: “What changes are you talking about? We’ve not had those layoffs… I put $360 million back into community care… It’s concerning to me that a veteran would actually tell stories to veterans that are not true.”
- HOAX: Rep. Jasmine Crockett (D-TX) exploited the Ronald Reagan Washington National Airport plane crash tragedy by claiming President Trump “froze the hiring” of air traffic controllers.
- FACT: Air traffic controllers were exempt from the federal hiring freeze.
- HOAX: Rep. Jasmine Crockett (D-TX) implied that “cutting” members of an aviation advisory committee was somehow a cause of the Ronald Reagan Washington National Airport plane crash tragedy.
- FACT: The advisory group hadn’t met since 2023 and was comprised of business and union leaders who gave “advice” to the TSA and had nothing to do with actual air travel.
- HOAX: A far-left writer claimed Elon Musk and DOGE staffers “illegally installed a commercial server to control federal HR databases that contain sensitive personal information, including SSNs, home addresses, and medical histories.”
- FACT: A top official confirmed “there’s nothing illegal and no server, just more made up tall tales from uninformed career bureaucrats.”
- HOAX: The Washington Post alleged the Trump Administration was setting “quotas” for immigration authorities — and gave the administration just four minutes to comment before publishing.
- FACT: As usual, this was a fake story.
- HOAX: Online liberal activists claimed President Trump “took down” President Obama’s portrait in the White House.
- FACT: Obama’s portrait was not taken down — it was simply moved only feet away from its previous location.
- HOAX: Sen. Mazie Hirono (D-HI) claimed Attorney General Pam Bondi created a “weaponizing task force.”
- FACT: It was a task force to END weaponization at the Department of Justice.
- HOAX: CBS News reported that Secretary of Defense Pete Hegseth ordered a “makeup studio” be installed inside the Pentagon.
- FACT: It was a “totally fake story,” and the alleged studio was really an existing green room with no frills.
- HOAX: Politico reported the Trump Administration was debating lifting sanctions on Russian energy assets, including the Nord Stream pipeline.
- FACT: This was debunked by both Secretary of State Marco Rubio and Special Envoy Steve Witkoff.
- HOAX: An illegal immigrant in U.S. custody “simply disappeared,” The New York Times reported.
- FACT: The illegal immigrant was a confirmed member of the vicious Tren de Aragua gang. An immigration judge ordered his removal, and he was deported along with other threats to national security.
- HOAX: The Wall Street Journal alleged that Special Envoy Steve Witkoff was receiving sensitive information on a personal phone while in Moscow and that Russian Intelligence must’ve had access to the information.
- FACT: This was a total fabrication. Special Envoy Witkoff did not even have a personal phone with him in Russia. He had only a government phone; a secure line of communication.
- HOAX: The Wall Street Journal claimed the Trump Administration “sought to portray” deported criminal illegal immigrant gang member Kilmar Abrego Garcia as “violent.”
- FACT: Abrego Garcia’s own wife filed an order of protection against him and testified that he brutally beat her.
- HOAX: An AP reporter claimed that FAA staff who worked on “radar, landing and navigational aid maintenance, among others” were “harassed on Facebook” by DOGE.
- FACT: That was a total lie. DOGE doesn’t have a Facebook page and no professionals who perform critical safety functions were fired.
- HOAX: The Daily Beast claimed Vice President JD Vance “broke one of the most notorious Vatican rules during his Easter weekend visit” by being photographed in the Sistine Chapel.
- FACT: Buried all the way down in the 14th paragraph, The Daily Beast admitted the vice president was given special permission by the Vatican to have photographs taken inside the Sistine Chapel.
- HOAX: Left-wing social media accounts promoted fake, AI-generated audio of Vice President Vance “disparaging Elon Musk in private.”
- FACT: The audio was debunked as fake.
- HOAX: The New York Times reported that funding for the Women’s Health Initiative was being slashed by the Department of Health and Human Services.
- FACT: Secretary Robert F. Kennedy, Jr., himself declared this Fake News and recognized the project is “mission critical.”
- HOAX: Fox News’s Jennifer Griffin gave legitimacy to a hoax from delusional Reps. Debbie Wasserman Schultz (D-FL) and Rosa DeLauro (D-CT) that Secretary of Defense Pete Hegseth requested nearly $140,000 in “upgrades” to his government residence.
- FACT: This lie was debunked by Secretary Hegseth — and it was so outrageous, even the AP was forced to admit it was completely fake.
- HOAX: Rep. Don Beyer (D-VA) and many others claimed the Supreme Court ordered the return of illegal immigrant gang member Kilmar Abrego Garcia to the United States.
- FACT: Even CNN admitted that’s not what happened: “They did not order the administration to return him to the United States … they could’ve said ‘we order him returned,’ but they didn’t do that.”
- HOAX: Joe Biden accused the Trump Administration of “taking aim at Social Security.”
- FACT: As usual, he was lying — President Trump has repeatedly pledged to protect Social Security.
- HOAX: Rep. Ro Khanna (D-CA) claimed the arrest of a Milwaukee judge who helped an illegal immigrant evade arrest was “unprecedented.”
- FACT: It wasn’t; it has happened before.
- HOAX: Sen. Tammy Baldwin (D-WI) called the arrest of a Milwaukee judge who helped an illegal immigrant evade arrest a “gravely serious and drastic move.”
- FACT: The judge violated the law by obstructing an ICE arrest of an illegal immigrant.
- HOAX: Sen. Amy Klobuchar (D-MN) claimed the arrest of the Milwaukee judge who obstructed an apprehension of a criminal illegal immigrant “threatens the rule of law.”
- FACT: It literally does the opposite because no one is above the law.
- HOAX: Politico claimed the Trump Administration “wipe[d] out firefighter health and safety programs.”
- FACT: The programs remain a top priority for the administration — and will remain intact.
- HOAX: Sen. Elizabeth Warren claimed that President Trump’s policies make it so “no one wants to make investments in the United States.”
- FACT: President Trump has secured more than $5 trillion in investments since taking office, which is expected to create more than 451,000 new jobs — and the list is only expected to grow.
- HOAX: NBC’s Kristen Welker peddled a Fake News hoax that the Trump Administration was deporting children.
- FACT: Secretary of State Marco Rubio shut down her desperate attempt at a hoax by highlighting how the mother, who was in the country illegally, made that choice all on her own.
- HOAX: The New York Times implied President Trump was alone in wearing a blue suit to the funeral of Pope Francis.
- FACT: Photos show dozens of world leaders and other attendees — many situated near President Trump — also wearing blue clothing.
- HOAX: Teachers’ union boss Randi Weingarten accused President Trump of taking teachers’ salaries and giving them to “billionaires” by cutting the Department of Education.
- FACT: President Trump has repeatedly called teachers “the most important people in this country” who should be paid more, not less. The federal government does not pay the salaries of teachers; state and local governments do.
- HOAX: The Fake News and their predictable allies ran with a story that claimed an American citizen was detained by authorities after he informed them he was, in fact, a citizen.
- FACT: That’s not what happened. The individual “approached Border Patrol in Tucson and stated he had entered the U.S. illegally through Nogales. He said he wanted to turn himself in and completed a sworn statement identifying as a Mexican citizen who had entered unlawfully … A few days later, his family presented documents showing U.S. citizenship. The charges were dismissed, and he was released to his family.”
- HOAX: PBS News claimed “DOGE operatives attempted to gain access to secure spaces,” implying they attempted to access classified information without approval.
- FACT: This wasn’t even remotely true.
- HOAX: The AP falsely claimed Director of National Intelligence Tulsi Gabbard said President Trump is “very good friends” with Russian President Vladimir Putin.
- FACT: The AP was humiliatingly forced to retract its story, admitting they were wrong. Stephanie Ruhle also had to issue a correction. DNI Gabbard was referencing President Trump’s relationship with Indian PM Narendra Modi.
- HOAX: Student visa holders should have unfettered access to do whatever they want in the United States.
- FACT: Wrong. As Secretary of State Marco Rubio said, “When you apply to enter the United States and you get a visa, you are a guest… If you tell us when you apply for a visa ‘I’m coming to the U.S. to participate in pro-Hamas events,’ that runs counter to the foreign policy interest of the United States… If you had told us you were going to do that, we never would have given you the visa.”
MIL OSI USA News –
April 30, 2025
MIL-OSI: Wix to Announce First Quarter 2025 Results on May 21, 2025

Source: GlobeNewswire (MIL-OSI)

NEW YORK — Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the first quarter ended March 30, 2025 before the market opens on Wednesday, May 21, 2025. Management will host a conference call that morning at 8:30 a.m. ET to answer questions about the Company’s financial results. Prior to the conference call, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/.

About Wix.com Ltd.

Wix is the leading SaaS website builder platform globally¹ to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enterprise-grade performance, security and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, Wix enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, anyone can build a powerful digital presence to fulfill their dreams on Wix.

For more about Wix, please visit our Press Room
Investor Relations: ir@wix.com
Media Relations: pr@wix.com

¹Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

The MIL Network –

April 30, 2025

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PM to visit Maharashtra, Kerala and Andhra Pradesh on 1st and 2nd May

PM to inaugurate the World Audio Visual and Entertainment Summit (WAVES) in Mumbai