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  • MIL-OSI USA: Finger Lakes Winners of DRI and NY Forward Programs

    Source: US State of New York

    Governor Kathy Hochul today announced that Canandaigua will receive $10 million in funding as the Finger Lakes winner of the eighth round of the Downtown Revitalization Initiative, and the Villages of Brockport and Phelps will each receive $4.5 million as the Finger Lakes winners of the third round of NY Forward. For Round 8 of the Downtown Revitalization Initiative and Round 3 of the NY Forward Program, each of the state’s 10 economic development regions are being awarded $10 million from each program, to make for a total state commitment of $200 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods.

    “By investing in the future of these Finger Lakes communities, this funding will revitalize their downtown areas by building vibrant and thriving destinations where businesses, families, and visitors can flourish,” Governor Hochul said. “With our Pro-Housing Communities initiative, we’re giving local leaders the tools to transform their cities, towns and villages into hubs of opportunity, culture, and affordable living. This is how we build stronger, more connected communities that work for everyone across New York.”

    To receive funding from either the DRI or NY Forward program, localities must be certified under Governor Hochul’s Pro-Housing Communities Program – an innovative policy created to recognize and reward municipalities actively working to unlock their housing potential and encourage others to follow suit. Governor Hochul’s Pro-Housing Communities initiative allocates up to $650 million each year in discretionary funds for communities that pledge to increase their housing supply; to date, 273 communities across New York have been certified as Pro-Housing Communities. This year, Governor Hochul is proposing an additional $110 million in funding to cover infrastructure and planning costs for Pro-Housing Communities.

    Many of the projects funded through the DRI and NY Forward support Governor Hochul’s affordability agenda. The DRI has invested in the creation of more than 4,400 units of housing – 1,823 of which are affordable or workforce. The programs committed over $8.5 million to 11 projects that provide affordable or free childcare and childcare worker training. DRI and NY Forward have also invested in the creation of public parks, public art (such as murals and sculptures) and art, music and cultural venues that provide free outdoor recreation and entertainment opportunities.

    $10 Million Downtown Revitalization Initiative Award for Canandaigua

    Downtown Canandaigua is poised to be, and is already becoming, a residential and recreational hub of the Finger Lakes region. With anticipated growth related to programming and investment focused on the semiconductor industry, an investment in this transformation will help the region to put its best foot forward when recruiting future businesses, workers and residents. The City of Canandaigua seeks to connect the Canandaigua Lake waterfront via safe, quality walking and biking pathways that complement the existing streets. The City is focused on projects that will create a diverse mix of businesses, housing, events and arts in its downtown that create a vibrant atmosphere for residents and visitors of all backgrounds.

    $4.5 Million NY Forward Award for Brockport

    The Village of Brockport is an Erie Canal town, college town and central hub of activity for its own residents and those of other nearby small towns and villages. Brockport prioritizes living its history and bridging it to a thriving and culturally rich future in the Finger Lakes region. The Village’s downtown focus area centers on Main Street and adjacent side streets that offer several attractions for residents and visitors. This area highlights Brockport’s historic downtown corridor, canal front parcels and portions of historic districts on the Village’s west and east sides. The Village seeks to transform its historic downtown corridor into an accessible tourist destination and a home where visitors, residents and people of all abilities can recreate, socialize, live and age in comfort.

    $4.5 Million NY Forward Award for Phelps

    The Village of Phelps, a historically significant community with a population of 1,900 residents, is strategically positioned near major transportation routes, making it easily accessible for both residents and visitors. The Village’s walkable downtown area encompasses municipal parks, cultural and recreational attractions, museums and the multi-use community center. Its application is focused on streetscaping and aesthetic upgrades, so that no matter what route a resident or visitor might take through downtown, the path from one destination to the next will be interesting and attractive.

    New York Secretary of State Walter T. Mosley said, “The Downtown Revitalization and NY Forward programs work together to re-energize downtowns of all sizes across our State. Our newest winners for the Finger Lakes region – Canandaigua, Brockport and Phelps – will all leverage existing cultural, natural and historical assets to transform their downtowns into economic engines for their residents and the entire region. The Department of State looks forward to seeing the projects these communities select and how they will positively impact the region for generations to come!”

    Empire State Development President, CEO and Commissioner Hope Knight, said, “Under Governor Hochul’s leadership, the DRI and NY Forward programs continue to support projects that generate new investments and encourage transformational change in towns and communities throughout New York State. These plans from Canandaigua, Phelps and Brockport will revitalize downtown businesses, historic districts and waterfronts and spur economic development that will benefit residents and visitors to the beautiful Finger Lakes region.”

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Our local partners in Canandaigua, Brockport, and Phelps should be proud of their efforts to build vibrant and affordable neighborhoods that create new homes and new jobs. This State investment of nearly $20 million will give these certified Pro-Housing Communities the resources they need to thrive for generations to come. We thank Governor Hochul for her continued leadership on tackling the housing crisis and making the Finger Lakes a more affordable place to live and work.”

    Finger Lakes Regional Economic Development Council Co-Chairs Bob Duffy, President and CEO, Greater Rochester Chamber of Commerce, and Dr. Denise Battles, President of the State University of New York Geneseo, said, “The FLREDC is incredibly proud to continue our support for the City of Canandaigua and for the communities of Phelps and Brockport and their exciting futures through the Governor’s transformational Downtown Revitalization and NY Forward Initiatives. These selected, community-driven plans will benefit both residents and visitors alike, promoting economic growth and creating spaces where people will want to live, work, and play for generations to come.”

    New York State Canal Corporation Director Brian U. Stratton said, “With more than 25 Canal communities now among the growing roster of DRI and NY Forward awardees, I know how these important investments can jumpstart powerful change. This year, as we commemorate the Bicentennial of the Erie Canal’s completion and look forward to the opening of the Brockport Pedestrian Bridge, the timing of these awards could not be more welcomed or appropriate. The Canal Corporation sends its most sincere congratulations to Brockport, Canandaigua, and Phelps.”

    Canandaigua Mayor Bob Palumbo said, “On behalf of myself and our DRI team and City Council, I would like to thank the Governor and her team for awarding the $10 million-dollar DRI to the City of Canandaigua. I look forward to seeing the projects we supported in our DRI proposal unlock opportunities that create new jobs, add housing, and public amenities in our downtown.”

    Brockport Mayor Margay Blackman said, “‘It’s all in Brockport’ became our shared vision as we dreamed of what our village could become with a NY Forward grant. The Brockport of our NY Forward dreams is one that works for all – young, old, university student, resident, visitor, tourist. The water brings people, Brockporters say, and we will invest in our waterfront to establish Brockport as the premier, inclusive recreation community on the Erie Canal. What I’m especially proud of today is that 6 people, including our grant writer, crafted a successful proposal, in house, in 2 short years.”

    Village of Phelps Mayor Jim Cheney said, “On behalf of the community of Phelps, we are extremely excited, honored and grateful to be chosen for the NY Forward Grant. The residents of Phelps have been working hard to attract more visitors, businesses and housing to our community; to make it a special place to live, work and play in; and, to fit into the Finger Lakes Region’s economic strategic plan. This investment by the state will help push us over the top in our revitalization efforts. It is important for small communities, such as the Village of Phelps, to receive statewide taxpayer support such as this, to revitalize and thrive. It is in everyone’s best interest to help our local communities’ economies. Thank you to Governor Hochul, Ontario County, the REDC and all community partners for sharing and believing in our vision.”

    Canandaigua, Brockport and Phelps will now begin the process of developing a Strategic Investment Plan to revitalize their downtowns. A Local Planning Committee made up of municipal representatives, community leaders and other stakeholders will lead the effort, supported by a team of private sector experts and state planners. The Strategic Investment Plan will guide the investment of DRI and NY Forward grant funds in revitalization projects that are poised for implementation, will advance the community’s vision for their downtown and that can leverage and expand upon the state’s investment.

    The Finger Lakes Regional Economic Development Council conducted a thorough and competitive review process of proposals submitted from communities throughout the region and considered all criteria before recommending these communities as nominees.

    About the Downtown Revitalization Initiative

    The Downtown Revitalization Initiative was created in 2016 to accelerate and expand the revitalization of downtowns and neighborhoods in all ten regions of the state to serve as centers of activity and catalysts for investment. Led by the Department of State with assistance from Empire State Development, Homes and Community Renewal and NYSERDA, the DRI represents an unprecedented and innovative “plan-then-act” strategy that couples strategic planning with immediate implementation and results in compact, walkable downtowns that are a key ingredient to helping New York State rebuild its economy from the effects of the COVID-19 pandemic, as well as to achieving the State’s bold climate goals by promoting the use of public transit and reducing dependence on private vehicles. Through nine rounds, the DRI will have awarded a total of $900 million to 89 communities across every region of the State.

    About the NY Forward Program

    First announced as part of the 2022 Budget, Governor Hochul created the NY Forward program to build on the momentum created by the DRI. The program works in concert with the DRI to accelerate and expand the revitalization of smaller and rural downtowns throughout the State so that all communities can benefit from the State’s revitalization efforts, regardless of size, character, needs and challenges.

    NY Forward communities are supported by a professional planning consultant and team of State agency experts led by DOS to develop a Strategic Investment Plan that includes a slate of transformative, complementary and readily implementable projects. NY Forward projects are appropriately scaled to the size of each community; projects may include building renovation and redevelopment, new construction or creation of new or improved public spaces and other projects that enhance specific cultural and historical qualities that define and distinguish the small-town charm that defines these municipalities. Through three rounds, the NY Forward program will have awarded a total of $300 million to 62 communities across every region of the State.

    MIL OSI USA News –

  • MIL-OSI USA: Italian Government Authority Censures Eyewear Giant Luxottica for Failing to Uphold Fair Union Organizing Standards in U.S. Operations

    Source: Communications Workers of America

    A report by the OECD’s Italian National Contact Point for Responsible Business Conduct (NCP), has exposed global eyewear giant Luxottica for violating workers’ rights during union organizing efforts by the Communications Workers of America at the company’s Atlanta, Georgia logistics center in 2021. Despite publicly embracing its obligations under the OECD Guidelines for Multinational Enterprises, Luxottica failed to rectify these violations and undermined collaborative efforts to address them under the good offices of the NCP’s conciliation mechanism.

    The report concludes a multi-year process initiated by a formal complaint from IUE-CWA, AFL-CIO, IndustriALL, and UNI labor unions regarding Luxottica’s egregious anti-union tactics and failure to uphold internationally recognized labor standards at its U.S. facilities.

    In its Final Statement on the case, published in late December 2024, the Italian authority found that Luxottica rejected the NCP conciliator’s recommendations on fair union organizing by workers in the United States. The Final Statement confirmed the conciliator’s conclusion that the breakdown of the conciliation process was caused by Luxottica’s refusal to recognize the validity of the Guidelines, and the company’s insistence on U.S. law as the only relevant standard.

    Key Findings from the Italian NCP’s Report

    1. International labor standards, and not domestic law, govern any OECD Guidelines proceeding.

    2. Luxottica failed to engage constructively in the conciliation process, in contrast to the union’s efforts.

    3. As per the conciliator’s instructions, Luxottica should have remained neutral regarding union organizing efforts by its workers.

    IUE-CWA President Carl Kennebrew issued the following statement on the Italian NCP’s findings in the case:

    “Luxottica has deliberately violated OECD Guidelines for Responsible Business by interfering with its employees’ freedom of association and collective bargaining rights. Although Luxottica publicly claims adherence to these guidelines, its actions tell a different story, as the company undermined workers’ attempts to organize at its Atlanta facility.”

    “Luxottica global management has made a fundamental mistake by following the advice of its anti-union American lawyers instead of the conciliator’s recommendations. Luxottica’s failure to live up to its obligations under the OECD Guidelines creates reputational and financial risk for the company and its investors as it seeks to expand its global footprint in North America and other regions.”

    “There is still time for Luxottica to rectify its refusal to adopt the Italian conciliator’s recommendations. We urge Luxottica to return to the table with IUE-CWA for agreement on management neutrality and other fair rules for organizing. Many firms have adopted such neutrality agreements with their union, most recently Microsoft and General Electric. Many other companies have reached global framework agreements with unions promising to respect workers’ organizing and bargaining rights worldwide.”

    “If trade unions are unable to reach an agreement with Luxottica on fair rules for union organizing, we will explore other avenues to persuade Luxottica to halt its violations of international standards on workers’ freedom of association in the United States. These include increased engagement with socially responsible investors, and the enforcement of U.S. and European due diligence laws on human rights in Luxottica’s supply chain. But the solution is really simple: Luxottica can apply the same standards of good faith and respect for trade unions that it maintains in Italy to its operations in the United States.”

    IndustriALL General Secretary Atle Høie issued the following statement on the Italian NCP’s findings:

    “This case exposes what the OECD considers actions taken by Luxottica in violation with the OECD guidelines on multinational companies. The conclusions clearly denounce anti union behavior put in place by companies during organizing. Such union busting tactics are not uncommon in the US, but have now been unequivocally condemned by the OECD contact point in Italy. We demand that Luxottica follow the recommendations, take a neutral stance in future organizing activities and invite CWA back to the table.”

    UNI Global Union General Secretary Christy Hoffman issued the following statement on the Italian NCP’s findings in the case:

    “It is shameful that companies operating in the US routinely believe that they can violate international standards with impunity. The NCP in this case did not back down from calling this out as a violation of the Guidelines. The NCP also took a clear decision that the Italian management was responsible for anti-union actions of its US subsidiary, another good precedent. The company should reverse course, follow the rules on which we all depend, and go back to the table with CWA. An end to this kind of union-busting is long overdue.”

    Background and Details

    The report comes at the end of a six-month conciliation process held from September 2023 to March 2024 under the aegis of the National Contact Point (NCP), which is an authority constituted by the Italian Government’s Ministry of Businesses, following the NCP’s review of the unions’ complaint that Luxottica created a “climate of fear” which destroyed an organizing effort by American workers at Luxottica’s North American logistics hub in McDonough (Atlanta), Georgia in 2021.

    Italy-based Luxottica (EssilorLuxottica following its 2017 merger with global French-based lens producer Essilor) is a major employer in the United States, which is its largest single market, with operations in eyewear retail, vision insurance, ophthalmic labs, and lens and frame manufacturing.

    The IUE-CWA, joined by the AFL-CIO and global unions IndustriALL and UNI, complained that management’s aggressive anti-union tactics violated workers’ organizing rights under the OECD Guidelines.

    Luxottica blatantly disregarded these labor principles in 2021 despite its obligations under the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct which call on multinational companies to respect core labor standards, including the right to freedom of association and collective bargaining.

    Instead, as workers at its Atlanta logistics center sought to unionize for better health protections and fair wages during the COVID-19 crisis, Luxottica launched an aggressive anti-union campaign.

    American management at the Georgia center forced employees into “captive-audience” meetings in which managers and anti-union consultants vilified trade unions as swindlers who only want workers’ dues payments, and told employees they could lose pay and benefits if they support the union. Management repeated the same insults and threats in an anti-union website and in text messages, workplace posters, and TV screens throughout the plant. Luxottica interfered with organizers’ access to the workers. The climate of fear and intimidation became so severe that IUE-CWA ultimately withdrew its organizing effort.

    Such actions would be unthinkable in Italy, where unions have long enjoyed collective bargaining relationships with Luxottica management based on good faith and mutual respect. Italian unions joined the call for Luxottica to apply these same principles when workers in its American facilities exercise rights to freedom of association.

    CWA Union representatives were optimistic about reaching an agreement with Luxottica in the NCP conciliation process when it began with a meeting in Rome in September 2023 under guidance of conciliator Enzo Cannizzaro, a prominent Italian international law professor at the University of Rome and at Columbia Law School. The unions hoped to reach an agreement with Luxottica based on the conciliator’s recommendations, which included measures for management neutrality, union representatives’ access to facilities to meet with workers, and other measures adhering to international labor rights standards under the OECD Guidelines.

    The union accepted the conciliator’s recommendations. But, advised by its American anti-union lawyers, Luxottica management refused even to respond to the conciliator’s recommendations. The conciliator closed the proceeding in April 2024 without a resolution to the dispute.

    The Unions contend that Luxottica failed to engage in good faith during the OECD’s six-month conciliation process. Rather than seeking a resolution, the company obstructed the process and ignored opportunities provided to rectify its transgressions.

    In its Final Report, the Italian NCP makes clear why the process failed.The NCP also reiterated the Conciliator’s recommendation as to how the Company should honor the principle of non-interference moving forward:

    “The owners and the management of a Company … should refrain from expressing their opinion on matters of unionisation, under the principle on non-interference, in order to contribute to a fair and equitable framework for industrial relations, as also pursued by the OECD Guidelines.”

    The NCP concluded its Final Report with

    “regrets that it has not been possible to resolve the issues raised by applying the Guidelines,” stressing that “settling the case on the basis of the Guidelines’ provisions, rather than by applying the national law, alone, would have ensured a balanced, constructive and long-lasting solution. Indeed, the Guidelines themselves refer to principles and standards of international law.”

    Final Considerations and Next Steps

    The Italian NCP’s findings put Luxottica at a crossroads. IUE-CWA, AFL-CIO, IndustriALL and UNI union confederations demand that Luxottica adopt a fair framework that guarantees neutrality and non-interference in future organizing efforts across the U.S. By doing so, Luxottica can begin to repair the damage caused by its anti-union practices and demonstrate its commitment to the workers who drive its business forward.

    As pressure mounts, IUE-CWA remains resolute in its fight for fair labor standards and urges Luxottica to make a decisive shift toward responsible business conduct worldwide. The union will continue to monitor the situation closely and advocate for vision workers’ rights at every turn.

    For more information on the NCP Final Statement and its implications for Luxottica’s labor practices, contact CWA Communications at +1 (202) 434-1168 and comms@cwa-union.org

    ###

    About National Contact Points for RBC

    “National Contact Points for Responsible Business Conduct (NCPs for RBC) are agencies established by governments. Their mandate is twofold: to promote the OECD Guidelines for Multinational Enterprises, and related due diligence guidance, and to handle cases (referred to as “specific instances”) as a non-judicial grievance mechanism. To date, 51 governments have an NCP for RBC. Also see: https://mneguidelines.oecd.org/ncps/

    All 51 governments adhering to the OECD Guidelines have the legal obligation to set up an NCP. Today, NCPs make up a network and a community of practitioners, dealing with a wide array of impacts involving companies either through their operations or their supply chains. In 2020, NCPs celebrated 20 years as non-judicial grievance mechanisms. Find out more about NCPs | Browse resources on NCPs”

    The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization with 38 member countries from Europe, North America, South America and Asia-Pacific, founded in 1961 to stimulate economic progress and world trade. It originates from the organization set up to manage US Marshall Aid to post-WW2 Europe. The United States is one of its founding members. It is headquartered in Paris.

    About CWA

    The Communications Workers of America (CWA) represents working people in telecommunications, customer service, media, airlines, health care, public service and education, manufacturing, tech and other fields. IUE-CWA is the Industrial Division of the CWA, it represents manufacturing and industrial workers in a wide range of industries including automotive, aerospace, furniture, and appliances, and vision.

    About AFL-CIO

    Headquartered in Washington DC, USA, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is the democratic, voluntary federation of 60 national and international labor unions that represent more than 12.5 million working people in the United States, Canada and Puerto Rico.

    About IndustriALL Global Union

    IndustriALL Global Union is a global union federation, founded in Copenhagen on 19 June 2012. IndustriALL represents more than 50 million working people in more than 140 countries, working across the supply chains in mining, energy and manufacturing sectors at the global level. The Global headquarters is in Geneva, Switzerland.

    About UNI Global Union

    UNI Global Union, formally Union Network International, is a Global Union Federation for the skills and services sectors, uniting national and regional trade unions. It has affiliated unions in 150 countries representing 20 million workers. The Global headquarters is in Nyon, Switzerland.

    About EssilorLuxottica

    EssilorLuxottica was created through the 2017 merger between French multinational corporation Essilor and Italian multinational corporation Luxottica, with Essilor headquartered in France and Luxottica in Italy. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. With over 200,000 employees across 150 countries, 650 operations facilities and 18,000 stores, in 2023 the Company generated consolidated revenue of Euro 25.4 billion. EssilorLuxottica is home to advanced lens technologies including Varilux, Stellest and Transitions, eyewear brands including Ray-Ban and Oakley, luxury licensed brands and world-class retailers including LensCrafters and Sunglass Hut. EssilorLuxottica shares are traded on the Euronext Paris market and are included in the Euro Stoxx 50 and CAC 40 indices. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP. www.essilorluxottica.com.

    MIL OSI USA News –

  • MIL-OSI: Animoca Brands leads Hivello funding round ahead of Token Listing

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that:

    • Animoca Brands is leading the investment round of Blockmate’s subsidiary, Hivello Holdings Ltd (“Hivello”), and
    • Hivello’s associated token, HVLO, is scheduled for listing on leading exchanges, Gate.io and MEXC on February 11, 2025

    Animoca Brands leads the funding round alongside Taisu Ventures, NGC, Blockchange and Contango.

    Blockmate will not be directly issuing any tokens or receive any proceeds from the token listing. The token will be issued by the Swiss-based HVLO Association, under licence from Hivello Holdings Ltd.

    Below is the press release from Hivello:

    Hivello Secures Strategic Investment Led by Animoca Brands Ahead of Token Listing

    Highlights:

    • Animoca Brands leads investment into Hivello alongside Taisu Ventures, NGC, Blockchange and Contango.
    • Hivello will list its token (HVLO) on Gate.io and MEXC exchanges.
    • Animoca & Hivello are hosting a live X Space on 11th February

    London & Amsterdam, 10 February 2025 – Hivello, a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks, has announced that Animoca Brands, the company driving digital property rights to help build the open metaverse, is leading its current funding round.

    Hivello will use the funds to further innovate and achieve its objectives of simplifying DePIN nodes and making them more user-friendly. Hivello is a DePIN aggregator focused on making DePINs more accessible. By allowing users to contribute their computing resources, Hivello enables them to earn through various Web3 protocols. Its mission is to eliminate the complexities often associated with decentralized networks, empowering users to engage in Web3 projects without needing specialized technical knowledge.

    In addition, Hivello’s Token Generation Event (TGE) is taking place on Gate.io and MEXC, marking a significant milestone in the company’s growth and ecosystem development. The $HVLO token will play a crucial role in powering Hivello’s decentralized economy, facilitating staking, rewards, and broader participation in DePIN networks.

    As part of this journey, Hivello and Animoca Brands will be hosting a live discussion to dive deeper into the company’s growth, investment landscape, and future roadmap.

    Event details:

    • Date & Time: February 11 at 5 PM HKT | 9 AM UTC | 4 AM EST | 10 AM CET
    • Streaming on X

    Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 540 investments in Web3. Its mission is to advance digital property rights and decentralized projects to help build the open metaverse. The investment announced today connects Hivello with Animoca Brands’ extensive experience and innovation, furthering Hivello’s mission to simplify access to DePIN and enable users to earn rewards by contributing their computer resources.

    Hivello is dedicated to making DePIN nodes accessible and user-friendly for everyone, breaking down complex barriers often associated with decentralized networks. Animoca Brands’ mission to deliver digital property rights to gamers and internet users worldwide aligns with Hivello’s goal of empowering users by enabling them to contribute to DePIN networks. Both companies focus on providing users with true ownership and control over their digital assets.

    Yat Siu, the co-founder and executive chairman of Animoca Brands, said: “Animoca Brands is dedicated to building a more equitable digital framework that enables all users to benefit from the many advantages conferred by digital property rights. We are thrilled to support Hivello’s efforts to make DePIN nodes more accessible and user-friendly, helping to advance and simplify true digital ownership, network effects, and the open metaverse.’’

    Domenic Carosa, co-founder and chairman of Hivello, said: “We welcome Animoca Brands as a strategic partner and lead investor in our latest funding round. Its expertise and innovation in the digital and blockchain space will be instrumental as we continue to simplify access to decentralized physical infrastructure networks.”

    About Animoca Brands
    Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain and gamification. It develops and publishes a broad portfolio of products, including the REVV token and SAND token; original games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products using popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP and Formula E. The company has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, Lympo, and Grease Monkey Games.

    About Hivello
    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to generate an extra source of income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources with no technical knowledge required. It’s as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.
    For more information about Hivello and to stay updated on its developments, visit www.hivello.com

    About Blockmate Ventures Inc.

    Blockmate Ventures is a venture creator focussing on building fast-growing technology businesses relating to cutting-edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.

    The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network –

  • MIL-OSI Economics: Samsung Equips Chicago Police with 10,000 Galaxy S Series Smartphones

    Source: Samsung

    Samsung Electronics America today announced that the Chicago Police Department deployed 10,000 Samsung Galaxy S series smartphones to its officers. The Chicago Police Department is using Samsung mobile devices to help modernize police work where officers need to process vast amounts of information while personally engaging with their communities. The Samsung smartphones each include Samsung DeX, which gives users the experience of working on a desktop by connecting a smartphone or tablet to an external display device such as a TV, monitor or PC.1 Samsung DeX enables officers to quickly pivot from mobile to desktop experiences inside their vehicles – all without needing to return to their stations.
    Samsung first partnered with the Chicago Police Department to launch a technology proof of concept in 2018. Under the expanded relationship, Samsung now provides mobile devices, Samsung DeX desktop experiences, and Samsung Knox security technologies for the city’s entire fleet of law enforcement, and has expanded to equip the Chicago Fire Department, as well. Today, Chicago’s police and firefighters rely upon Samsung technologies for secure information and communications as they protect and serve Chicago’s neighborhoods.
    Giving Public Servants the Modern Mobile Tools They Need to Serve the Public

    Chicago sought out technologies that would enable officers to engage with the people in their neighborhoods while reducing their time spent at desks processing paperwork. The Chicago Police Department is the second largest police force in the United States by sworn member size, with officers representing many ages and levels of experience, and the department needed to deploy a user-friendly technology that every person could use.
    Paired with vehicle-mounted docks2, Samsung Galaxy smartphones proved to be the perfect modern solutions for officers. Moving from laptops to handheld devices enabled Chicago’s police to carry their tools everywhere, dramatically improving their ability to gather and access information in the field. “Thanks to Samsung DeX, we went from 3,000 vehicle-mounted laptops to around 10,000 Galaxy S-series phones that are now either assigned to officers or in a specific vehicle daily,” said Dennis Baliga, Deputy Director of IT Infrastructure, City of Chicago’s Office of Public Safety Administration.
    The Chicago Fire Department chose Galaxy Tab tablets with unified mounts, using Samsung DeX in Vehicle to provide the same consistent desktop experience when connecting tablets to in-vehicle displays. Firefighters know that they’ll see the same desktop interface regardless of whether they are in a fire truck on the South Side or North Side of the city.

    Samsung Technologies Are Improving Efficiency and Streamlining User Experiences
    Using Samsung Knox Suite – Samsung’s enterprise-grade security platform – technology teams can design the mobile and desktop interfaces they want users to see on their devices, streamlining access to critical and secure applications. Better yet, Samsung Knox makes device setup fast. The Chicago Police Department reduced the amount of time spent provisioning a phone by 75%, compared with three years ago, saving the city’s teams countless hours.
    “Between our Galaxy devices, Knox Suite, and Samsung DeX, they are really increasing efficiency and improving their cost savings,” said Todd Maxwell, Samsung U.S. Director of Business Development.
    With custom configuration, Samsung devices enable officers to quickly access a wealth of specialized information directly from the field.

    “Our Galaxy devices allow us access to state and local databases, city licensing and permitting, so at a special event, I’m able to check the parameters of a special event permit. We also have access to specific applications, like the Department of Transportation hazmat guide. Instead of carrying a big book that is inches thick and several pounds, I have an app on my phone. And I can access city service requests. If I need to report a pothole or traffic lights out, I can do it right from the phone,” explained Aaron Levine, Chicago Police Department Entertainment Venue Team Sergeant.
    Samsung Knox also offers unparalleled device security – a must-have for officers who routinely handle sensitive data in the field.
    “We trust the partnership we have with Samsung. As officers run people’s names, run their license plates, and are also logging into their systems, we have to worry about security like data leaks and HIPAA information. We are confident in Knox security. It ensures that they can do their job safely and securely,” said Dan Sullivan, Electrical Mechanic, City of Chicago’s Office of Public Safety Administration.

    MIL OSI Economics –

  • MIL-OSI Global: 5 premium online research tools all Philly students can use for free

    Source: The Conversation – USA – By Joyce Valenza, Associate Teaching Professor of Library and Information Science, Rutgers University

    The School District of Philadelphia has 250 district and alternative schools – but only a few have libraries with certified librarians. Lisa5201/E+ Collection via Getty Images

    Years ago, as a high school librarian in suburban Philadelphia, I hosted a group of honors students from a high school just across the nearby city border. With the support of their alumni association, the city students planned to build a library at their school.

    While our 30,000-volume physical collection impressed them, it was our virtual library, websites designed to support student projects, and subscription-based digital collections and databases that evoked the most profound reaction.

    When I asked the students what they were researching, in unison, they responded “Hamlet criticism.” When I showed them results from an e-book database from the POWER Library web portal, I heard gasps.

    One young man pulled a dog-eared book out from his backpack. “Wait a minute,” he said. “Do you mean that we’ve been passing this single book around when all of those e-books are available to us free?”

    His parting words haunted me: “We will never be able to compete with those students when we go to college.”

    As a library and information science professor, and a librarian for 40 years, I have researched information equity disparities among high school students and witnessed them firsthand.

    Consider, for example, this startling figure: The School District of Philadelphia has just four certified librarians for its nearly 118,000 students across 250 schools. The district confirmed this number in an email to The Conversation U.S.

    Many of the nearby suburban districts that border Philadelphia, such as Lower Merion, Abington, Upper Darby, Haverford Township and Springfield Township, where I worked, have at least one librarian per school.

    Philadelphia’s school district is making efforts to address the librarian shortage. In late 2024, it hired a director of library science, Jean Darnell, who plans to add more libraries and librarians to district schools. But she cautions that it will require financial resources to do so.

    Information privilege

    The gap discovered by the students I hosted that day wasn’t just about one book versus many. It was about not having the same high-quality, paywalled tools for research, and the guidance of trained librarians to help them navigate the research process.

    Information science researchers refer to this gap as information privilege.

    Inspired by education activist and researcher Peggy McIntosh’s 1989 essay “White Privilege: Unpacking the Invisible Knapsack,” Duke University librarian Hannah Rozear designed a graphic to illustrate what information privilege looks like for high school and college students.

    Duke University librarian Hannah Rozear offers examples of what information privilege looks like for high school and college students.
    Hannah Rozear, CC BY-NC-SA

    As part of my work on an information equity initiative for the International Society for Technology in Education, I enhanced the diagram. I wanted to expand the notion of equity of information access and equity of information experiences in K-12 education.

    The author expanded the Information Privilege backpack concept to apply to K-12 students.
    Joyce Valenza, CC BY-NC-SA

    In addition to simply having access to a variety of high-quality resources, students with information privilege learn to critically and ethically use information to create and share meaningful research projects with the knowledge they build.

    That student’s realization of what he didn’t know he didn’t have sparked my development of a three-year research project with colleagues across six New Jersey colleges. Our team of academic librarians, library and information science educators, and high school librarians followed students who had certified high school librarians into their first college year.

    We found dramatic differences in college preparedness based on high school library experiences.

    The students who had certified high school librarians consistently reported feeling fully prepared for college-level research. They were confident in navigating academic databases. They arrived at college able to identify information needs, understand information genres, search effectively, and craft thoughtful arguments from their research. They were also better able to meet the standards for information literacy at the college level.

    Students who had librarians in high school felt better prepared for college-level research, the author’s study found.
    Visual Vic/Moment Collection via Getty Images

    Access to POWER library

    Due in part to the lack of school librarians, many Philadelphia parents and students haven’t yet been introduced to the freely available resources of the POWER Library.

    Sponsored by the Office of Commonwealth Libraries and the Pennsylvania Department of Education, the POWER Library portal offers audio books and e-books, movies, reference materials, magazines, journals, newspapers and other digital resources for users of all ages.

    Annual subscriptions to these resources would cost US$56,515 for schools and $73,366 for public libraries.

    In Pennsylvania, if your school has a library, the librarian will have ensured that students can easily log in to the POWER Library during school hours.

    Pennsylvania students in schools without a library or a librarian can independently access the POWER library at any hour of the day using the barcode on their public library card, or by signing up for a POWER Library eCard.

    The POWER Library page highlights Power Teens and Power Kids resources.

    Here are five of my favorite tools from the collection that support students’ academic research:

    1. EBSCO eBooks – This collection of more than 16,000 e-books includes nonfiction, textbooks, specialized subject area encyclopedias, literary criticism, and college prep and other study guides.

    2. AP Newsroom – With more than 3,000 media items added daily, AP Newsroom allows students to visually explore 185 years of world history and breaking news through on-the-scene, high-quality photography, sound, video and graphics. Topics cover major events as well as sports, culture and entertainment. Students will find primary source content to track developing stories and support research and analysis of historic events. Over 20 million royalty-free stock images are included.

    3. Gale eBooks – Gale, a well-respected publisher, offers students a complete library reference section available from anywhere. The high-quality encyclopedias and multivolume reference sets span literature, American and global history, social issues, science, biography, business and much more.

    4. Gale OneFile: High School Edition – This research portal connects students to magazines, journals, newspapers, reference books and engaging multimedia that cover the wide range of subjects they might encounter in a high school curriculum. It also prepares them for the academic databases they’ll encounter at college. Gale In Context: Elementary, meanwhile, offers a similar range of kid-friendly content for younger researchers.

    5. SIRS Discoverer – For upper-elementary and middle schoolers, SIRS Discoverer engages students’ curiosity and critical thinking in such areas as animals, countries, states and biographies. Don’t miss the “Issues” section, which covers topical issues like global warming, artificial intelligence and cellphones in schools with contextual information, vocabulary and organized viewpoints.

    Libraries offer democratic access to critical information by providing free entry to digital resources that would otherwise be too costly for most people. This is true whether you’re a student or not.

    In addition to the POWER Library, anyone who lives, works, pays taxes or attends school in Philadelphia can use the extensive digital resources offered by the Free Library of Philadelphia.

    Residents outside Pennsylvania can use this map to identify similar resources in their state, or they can explore the databases provided by public libraries around the country.

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

    – ref. 5 premium online research tools all Philly students can use for free – https://theconversation.com/5-premium-online-research-tools-all-philly-students-can-use-for-free-237930

    MIL OSI – Global Reports –

  • MIL-OSI: Imperial Petroleum Inc. Announces the Date for the Release of Fourth Quarter and Twelve Months 2024 Financial and Operating Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, Feb. 10, 2025 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its fourth quarter and twelve months financial results for the period ended December 31, 2024 before the market opens in New York on February 13, 2025.

    On February 13, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Conference Call details:

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    Online Registration:

    https://register.vevent.com/register/BI127dcd86b3bd4efc8d71152e3b8a8800

    Slides and audio webcast:

    There will also be a live and then archived webcast of the conference call, through the IMPERIAL PETROLEUM INC. website (www.imperialpetro.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    ABOUT IMPERIAL PETROLEUM INC.

    IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of twelve vessels on the water – seven M.R. product tankers, two suezmax tankers and three handysize drybulk carriers – with a total capacity of 751,000 deadweight tons (dwt), and has contracted to acquire an additional seven drybulk carriers of 443,000 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 19 vessels. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

    Company Contact:
    Fenia Sakellaris
    IMPERIAL PETROLEUM INC.
    info@imperialpetro.com

    The MIL Network –

  • MIL-OSI: BRKZ closes $17M Series A to transform construction procurement as Saudi Arabia’s $3T project pipeline accelerates

    Source: GlobeNewswire (MIL-OSI)

    Riyadh, Feb. 10, 2025 (GLOBE NEWSWIRE) — While the MENA region drives forward with $3 trillion in infrastructure and building projects, construction companies face a critical challenge: fragmented supply chains and inefficient procurement processes that delay projects and inflate costs. Today, BRKZ announced it has completed its Series A funding at $17M, bringing total funding to $22.5M, to scale its technology platform that’s revolutionizing how contractors source and purchase building materials.

    The funding includes an $8M Series A2 round closed in January 2025, complemented by $1M in venture debt from Capifly, following the initial $8M Series A1 round from December 2023. All existing investors strongly recommitted, including BECO Capital, Aramco’s Waed, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, and Fluent Ventures.

    Founded in 2023 by Ibrahim Manna, serial entrepreneur and former Managing Director at Careem, BRKZ emerged from firsthand experience with construction industry inefficiencies. “Traditional procurement in construction is highly fragmented and manual, often requiring contractors to juggle multiple suppliers, long negotiations, and delayed payments,” said Ibrahim Manna, Founder and CEO of BRKZ. “This funding will help us double down on tech development, enhance our BNPL offering aligned with construction cash flow cycles, and expand into cross-border trading.”

    The BRKZ team.

    Unlike traditional procurement methods, BRKZ’s platform combines a tech-enabled marketplace with embedded financing solutions, transforming how contractors and suppliers interact. Through its digital platform, contractors can access over 7,000 SKUs from more than 1,100 local suppliers, receiving competitive quotes within 20 minutes. The platform’s built-in financing options align with construction cash flow cycles, addressing a critical pain point in the industry.

    The platform’s rapid adoption validates its approach. Since launching its Series A1, BRKZ has grown revenue fourfold during 2024, now serving more than 850 unique contractors and factories across flagship projects like King Salman Park, Neom, and Red Sea. The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major regions, while processing $350m (SAR 1.3 billion) in RFQs through its platform.

    BRKZ marketplace and app.

    Real-world applications demonstrate the platform’s transformative impact. A contractor working in KSA’s central region, awarded a project in the Western Region, used BRKZ to price and procure materials from local suppliers despite having no team in the project location. Similarly, a local cement block factory broke traditional geographical constraints by listing on BRKZ, expanding its customer base while sourcing raw materials through the platform.

    AbdulRauf H. Al-Matar, AGM at AlRashed Building Materials commented: “Partnering with BRKZ has revolutionized how we connect with contractors and streamline our operations. Their innovative approach to digitizing the construction industry is setting a new standard for efficiency and growth.”

    Tamer Salah, CEO at AlMimar AlAraby for General Contracting added: “Working with BRKZ has been a game-changer for us. Their focus on understanding contractors’ needs and delivering tailored solutions has made it easier to meet tight deadlines and exceed customer expectations. BRKZ’s highly advanced technology provides the best e-commerce platform, which makes it easy to manage my orders and get automated updates on their status.”

    The construction market in MENA represents a massive opportunity, driven by mega-projects reshaping the region. Major developments like Neom, The Red Sea Project, King Salman Park, and upcoming events like Expo 2030 and FIFA World Cup in Saudi Arabia underscore the urgent need for innovative, tech-driven solutions to streamline procurement and enhance efficiency.

    Dany Farha, co-founder and managing partner at BECO Capital, commented: “The construction industry is foundational to the Kingdom’s Vision 2030, and is ripe for technology and organizational optimization. The BRKZ team has executed its product and operational roadmap to drive efficiencies in this rapidly scaling sector, and we’re excited to continue supporting them in their next chapter. BRKZ’s financing product will complement their digitized procurement platform and address customer cash flow challenges. Having known Ibrahim and the team for years, we’ve seen firsthand their agility, prudence, and unique skill set that enable them to fulfill their promise of digitizing this industry.”

    Looking ahead, BRKZ plans to establish offices in Saudi Arabia’s Northern and Southern regions during 2025 while expanding its supplier network into global markets, focusing on China and India. The company will continue enhancing its technology platform and financing solutions, positioning itself as the comprehensive solution for construction procurement in the MENA region.

    Ends 

    Media images can be found here.

    About BRKZ

    BRKZ is a B2B managed marketplace transforming construction procurement in Saudi Arabia. By connecting contractors with suppliers through a tech-enabled platform, BRKZ provides access to thousands of SKUs, competitive pricing, and tailored financing solutions. With a focus on efficiency and transparency, BRKZ empowers MENA’s construction sector to meet the ambitious goals. For more information please visit https://brkz.com/en 

    About BECO Capital

    BECO Capital is the largest non-government venture capital firm in the Gulf, managing over $500 million in AUM. Since its inception in 2012, BECO Capital has played a pivotal role in developing the regional tech ecosystem, helping it grow from its nascent stages to its current dynamism, and has been a notable investor behind many of the region’s success stories. These include Careem, the region’s ride-hailing service turned super-app, acquired by Uber for $3.1 billion, and Property Finder, the real estate marketplace that BECO exited at a $1 billion valuation in April 2024, alongside other prominent startups such as Kitopi and Fresha.

    The MIL Network –

  • MIL-OSI: Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    Source: GlobeNewswire (MIL-OSI)

    New York, Feb. 10, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    New York, NY

    Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released an update note on Genius Group Ltd. (NYSE: GNS). The update note includes information on Genius Group Ltd.’s recent developments, management commentary, future outlook, and risks.

    The update note is available below.

    Genius Group February 2025 Update Note

    Highlights from the note include:

    • Genius Group Launches $33 Million Rights Offering to Strengthen Its Bitcoin Treasury: Genius Group’s Board approved a rights offering aimed at raising up to $33 million to expand the company’s Bitcoin Treasury, with 100% of net proceeds dedicated to purchasing Bitcoin. The offering provides shareholders with the opportunity to acquire additional ordinary shares at a fixed subscription price, reinforcing the company’s commitment to its Bitcoin-first strategy. Key terms of the Rights Offering include:
      • Shareholder Rights Allocation: Each shareholder received one transferable right for every ordinary share held as of the record date on January 24, 2025, with the number rounded up to the nearest whole right. The company’s ordinary shares began trading ex-rights on January 24, 2025.
      • Subscription Details: Each right entitles the holder to purchase one ordinary share at a subscription price of $0.50. Shareholders fully exercising their basic subscription rights are eligible for an over-subscription privilege, which allows them to subscribe for additional ordinary shares on a pro rata basis. Rights holders may also choose to sell any rights they opt not to exercise.
      • Trading and Expiration Details: Rights trading commenced on a “when-issued” basis on January 23, 2025, under the symbol “GNS RTWI.” Regular trading of the rights began on January 27, 2025, under the symbol “GNS RT” and will continue until the close of trading on February 13, 2025. The offering expires at 4:30 p.m. Eastern Time on February 14, 2025, unless extended by the company. Registered shareholders received rights certificates based on the company’s stockholder registry, while those holding shares in “street name” will see the rights reflected in their brokerage accounts.
      • Additional Potential Funding: In addition to the $33 million rights offering, the company plans to pursue additional loan financings of up to approximately $22 million. If fully secured, this combined funding is expected to boost the Bitcoin Treasury from current levels, reported between $40 million and $45 million, to a range between $86 million and $100 million.
      • Management Participation: Complementing this initiative, Founder and CEO Roger Hamilton has completed his planned transactions, having acquired 500,000 shares under the pre-approved plan and subsequently purchasing an additional 500,000 shares on January 15, 2025, resulting in a holding of approximately 6.8 million shares. Mr. Hamilton has also notified the Company that he will fully subscribe to his rights under this Rights Offering, which will entitle him to acquire an additional 6.8 million shares on the same terms as all shareholders on the Record Date.

    This rights issue follows Genius Group’s established Bitcoin treasury approach and can be positive for shareholders if Bitcoin’s momentum persists-currently trading above $96,000 and recently peaking at $108,000. However, should Bitcoin’s price fall, the impact on shareholders could be less favorable, as the benefits of this initiative are closely tied to Bitcoin’s continued upward performance, which some analyst reports suggest is likely to persist.

    • Genius Group Expands Bitcoin Treasury to $42 Million Amid Strategic Financial Milestones: Genius Group has further advanced its Bitcoin-first strategy by acquiring an additional $12 million of Bitcoin, bringing its Bitcoin Treasury to 440 Bitcoin at a new average price of $95,519 per Bitcoin. This $42 million purchase, completed within three months of the November 12, 2024 announcement to allocate 90% or more of its current and future reserves to Bitcoin (with an initial target of $120 million), builds on an earlier milestone where the company secured 319.4 Bitcoin for $30 million at an average price of $93,919 per Bitcoin within two months. At an earlier date, as of Friday, January 31, 2025, Genius Group’s 440-Bitcoin holding was valued at $46 million, while the company’s market capitalization was $33.1 million (derived from 68.8 million issued shares trading at $0.48), resulting in a BTC/Price ratio of 139%, making Genius Group one of the highest among its peers. This ratio tells us that 139% of Genius Group’s market value is directly backed by its Bitcoin holdings, a stark contrast to the industry average of approximately 40% observed among other popular Bitcoin treasury companies, such as Microstrategy, Marathon Digital Holdings, and Riot Platforms. Funding for these purchases has been sourced from a mix of internal reserves, the use of its ATM facility, and debt financing from crypto-backed loan platform Arch Lending. In addition, the company has approved a Founder Compensation Plan with Founder and CEO Roger Hamilton that sets forth long-term milestones, including goals to reach a $1 billion market cap and to grow the Bitcoin Treasury’s net asset value to $1 billion within the next 10 years.

    About Genius Group Limited

    Genius Group Ltd. (NYSE: GNS) is a Bitcoin treasury company with an AI powered education platform engaged in providing AI training and AI tools to 5.4 million students in over 200 countries worldwide. It aims to develop an AI-powered lifelong learning curriculum and make its educational products accessible worldwide to all age groups.

    For more information, visit https://www.geniusgroup.net/

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by Genius Group Limited for producing research materials regarding Genius Group Limited, and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however, the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for an annual or semi-annual research engagement. As of 02/10/2025, the issuer had paid us $81,000 for our research services, which commenced 04/16/2022 and was billed annually for the first year for $27,000 and after in equal installments of $13,500 for six-month semi-annual periods with $13,500 received in April 2023 for six-month terms. $27,000 was paid in May 2024 (payment was for two outstanding six-month payment terms of October 2023 and April 2024, allocated to the following six-month periods of research coverage in each respective period), and $13,500 received in November 2024 for the October 2024 six-month semi-annual period of coverage. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has paid us for non-research related services as of 02/10/2025 consisting of $3,000 for presenting at a virtual investment conference and $2,000 for organizing an investment dinner. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for Genius Group Limited. Please consult the attached research report for disclosures.

    Contact:

    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –

  • MIL-OSI Global: How rural English women used scrapbooks to commemorate the death of Winston Churchill

    Source: The Conversation – UK – By Cherish Watton-Colbrook, Archives Assistant, University of Cambridge

    Sixty years ago, on January 24, Britons gathered around their radios to listen to the sombre BBC announcement that Sir Winston Churchill had died at the age of 90. Others learned about the news at church, as they listened to prayers for the life of the former prime minister, admired by many for leading Britain through the second world war. Later that day, radio and television schedules were suspended to make way for the flood of tributes.

    Around this time in villages around England and Wales, Women’s Institute (WI) members were just beginning a year-long scrapbooking project in honour of the WI’s golden jubilee year in 1965. A branch-based voluntary organisation,
    founded in 1915, the WI was set up to bring country women together.

    This scrapbook project was one way in which the organisation sought to foster a sense of community in rural areas. Members were invited to chronicle everything that happened in their village during that year. Although not every entry featured a tribute to Churchill, several WI members decided to mark the former leader’s death.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    Today, many of these scrapbooks survive in county record offices, while others remain cherished volumes kept by WIs in their branch archives. Some branches, along with local history societies, have digitised their scrapbooks and shared them online.

    Scrapbooks are perhaps not what immediately spring to mind when we think about the 1960s. Traditionally, they conjure up images of brightly coloured printed clippings or pressed flowers, saved by Victorian women and children. But this is just one page in scrapbooking’s rich history.

    In the 20th century, the rise of popular newspapers, magazines, domestic photography and television provided an array of material that could be transformed into personal archives. Scrapbooking proved a popular way for people to document what they found meaningful in their lives. Family, work, activism, stars of film, music and sport, royalty and even the weather were just some of the many topics covered.

    In 1965, WI members in Woodford, the constituency Churchill represented for 40 years until 1964, decided to conclude their community scrapbook with a tribute to their former MP.

    On a page of black sugar paper, members pasted a programme from a local memorial church service. Women also included a commemorative stamp, together with a photograph of floral tributes left at a bronze statue of Churchill on the village green, flanked by servicemen. Even though Churchill died at the beginning of the year, it was evidently the last thing Woodford Green’s WI members wanted their readers to encounter in their scrapbook.

    Local and national newspapers published a plethora of obituaries and articles on Churchill’s life, providing scrapbookers, such as WI members in Stoke Ferry in Norfolk, with a wealth of visual material for their community volumes.

    Local WI members crafted a photographic record of Churchill’s life, from childhood through to retirement, arranging the images in chronological order, mirroring the conventions associated with family photograph albums. They combined a series of press photographs and newspaper headlines with a handwritten note elaborating on what they felt was significant about Churchill’s death. WI women even went as far as to connect Churchill with their scrapbooking activities:

    As we compile this Jubilee Scrap Book, we stop to wonder what life would have been like in this village in 1965 but for that great statesman and leader, Sir Winston Churchill. Would this book be the happy record of a free and thriving community?

    On the following pages, they contrasted photographs from the funeral procession, with a shot of a bunch of pink tulips, given by a serviceman. In juxtaposing these images, they switched between ceremonial and more intimate forms of commemoration.

    WI scrapbookers clearly felt strongly about recording the death of Churchill in their community volumes. The scrapbook genre allowed these women, at a significant moment in time, to shape the historical record in a way they found to be meaningful, with an eye to the future generations they expected to read their creations.

    ‘Cold lunches were the order of the day’

    As relayed in many of these WI scrapbooks, Churchill was the first prime minister in the 20th century who was afforded a state funeral. It was broadcast around the world in a transmission of unparalleled significance – second only to the 1953 coronation of Queen Elizabeth II.

    One woman in Whitchurch, Herefordshire, wrote a series of diary entries under the pseudonym of Ann Whitchurch for her WI’s competition entry. After an earlier entry (exploring the merits of new brightly coloured long johns) Whitchurch reflected on January 30:

    Everyone seems to feel his loss as something that really matters. Whatever anyone’s politics are, he stood for England, especially for people of my generation who remember his great speeches during the War. It’s rather like the end of a chapter.

    Whitchurch chose the more intimate format of the diary entry, as opposed to national newspaper coverage, to offer a personal tribute to Churchill. By declaring herself the spokeswoman for her generation, Whitchurch conveyed how she understood Churchill’s death as a moment of rupture and transition.

    Over 100 miles away in the Cotswolds, a farmer’s wife in Chedworth shared what the day looked like from her rural farm:

    Cold lunches were the order of the day, everyone was watching the funeral procession of Sir Winston Churchill – an unforgettable memory. Even the menfolk dashed in and out between essential jobs.

    This WI member used her passage to show how the villagers’ commitment to watching the funeral upended their everyday routines at home and at work.

    Sixty years on, browsing the pages of these community scrapbooks reveals more than just a reaction to Churchill’s death by a specific group of rural women. They provide a fascinating glimpse of how national mourning unfolded in English villages and the different ways in which country women documented this moment on behalf of their communities.

    Cherish Watton-Colbrook works as an Archives Assistant for Churchill Archives Centre in Cambridge.

    – ref. How rural English women used scrapbooks to commemorate the death of Winston Churchill – https://theconversation.com/how-rural-english-women-used-scrapbooks-to-commemorate-the-death-of-winston-churchill-248689

    MIL OSI – Global Reports –

  • MIL-OSI: Australian Oilseeds Announces First Quarter Fiscal 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, Feb. 10, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) today announced financial results for its first quarter fiscal 2025 ended September 30, 2024.

    First Quarter Fiscal 2025 Financial Highlights Compared to Prior Year

    • Sales revenue increased 6.1% to A$10.4 million due to strong demand for the Company’s cold pressed canola oil.
    • Retail oil revenue increased 59.9% to A$5.7 million due to expanded distribution in leading retailers in Australia along with the addition of several new SKUs.
    • Net loss of A$0.6 million compared to net income of A$1.4 million, reflecting changes to sales mix along with the timing of planned investments in brand and marketing to support our GEO products.
    • Cash flow from operations improved to A$0.6 million compared to a use of A$1.5 million.

    “We delivered exceptionally strong growth in our retail oils business during the first quarter driven primarily by our expanded distribution in Costco and Woolworths in Australia, ” said Gary Seaton, Chief Executive Officer. “We also benefited from three new SKUs that were launched in coordination with focused, integrated marketing campaigns across our key retail partners. While margins and profitability were impacted by the timing of our investments in branding initiatives during the quarter, as planned, we believe we are still well positioned to drive improving results as our business continues to grow and scale. We remain steadfast in our commitment to eliminating chemicals from the edible oil production and manufacturing systems to supply quality products such as non-GMO oilseeds and organic and non-organic food-grade oils to customers globally.”

    About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company that, directly and indirectly through its subsidiaries, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Bob Wu, CFO
    Email: bob@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com 

    The MIL Network –

  • MIL-OSI: D. Boral Capital Served as Co-placement Agent to MicroVision, Inc. (Nasdaq: MVIS) in Connection with its up to $17.0 Million Private Placement

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has bolstered its financial position by entering into an agreement to raise up to $17 million in new capital and reducing future cash obligations stemming from its $75 million senior secured convertible note facility with High Trail Capital.

    “Strengthening our financial position through this infusion of new capital and reduction of debt buoys our efforts to advance and secure revenue opportunities with several industrial customers in the heavy equipment segment. As announced last month, we have increased production capacity with our manufacturing partner to support high-volume orders from industrial customers in 2025 and beyond,” said Sumit Sharma, Chief Executive Officer of MicroVision, Inc. “At this exciting time for MicroVision, we continue to work to secure multiple partnerships with industrial customers, as well as advance our partnerships with automotive OEMs, with RFQs in flight and new RFQs expected in 2025. We appreciate High Trail’s partnership at this pivotal time.”

    Continued Sharma, “With our MAVIN and MOVIA S products, we remain actively engaged with global automotive OEMs in seven high-volume RFQs and custom development explorations for future passenger vehicle programs. With the size, power, and specifications of our lidar, combined with our integrated perception software, I believe we remain the solution frontrunner with automotive OEMs. Given automotive OEMs’ latest start-of-production timelines, the opportunity to ramp up significant recurring revenues in 2025 with our industrial customers puts MicroVision in the best position in the market. We remain the only multifaceted company with potential for significant revenues from the industrial segment starting in 2025 and much higher automotive revenues expected in the coming years.”

    “With the announcement of this transaction, our overall debt obligation has now been reduced by $12.25 million in principal or over 27% of the convertible note. In addition, this new round of equity investment by our strategic financing partner provides up to $17 million in new equity capital and also defers a portion of the remaining repayments. This bolsters MicroVision’s balance sheet and positions it well with its ongoing customer engagements,” said Anubhav Verma, Chief Financial Officer of MicroVision, Inc. “We believe that our strong balance sheet and strategic financing partner help to competitively position MicroVision for today’s marketplace and business outlook.”

    D. Boral Capital LLC and WestPark Capital, Inc. acted as co-lead agents for the transaction.

    Key Terms of the Transactions

    In connection with the $45 million senior secured convertible note issued by the Company on October 23, 2024, cash payments totaling approximately $9.6 million that would have been payable during the period from March 1, 2025 through May 1, 2025 will be converted into approximately 11.7 million shares of the Company’s common stock. In addition, pursuant to an agreement dated February 3, 2025, the note holder has agreed to defer payments due from June 1, 2025 to August 1, 2025, instead ratably allocating such payments to the payments due from September 1, 2025 through March 1, 2026. The Company and the note holder entered into a securities purchase agreement dated February 3, 2025 pursuant to which the Company issued approximately $8 million of shares of the Company’s common stock to the holder at a 12.5% discount to the market price and warrants to purchase up to an additional $9 million of common stock at an exercise price per share of $1.57, which warrants expire five years from the initial exercise date.

    Disclosures

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    Additional information, including the full terms of the financing transaction, is available in the Current Report on Form 8-K filed by MicroVision with the U.S. Securities and Exchange Commission.

    About MicroVision

    With offices in the U.S. and Germany, MicroVision is a pioneering company in MEMS-based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The Company’s integrated approach uses its proprietary technology to provide automotive lidar sensors and solutions for advanced driver-assistance systems (ADAS) and for non-automotive applications including industrial, smart infrastructure and robotics. The Company has been leveraging its experience building augmented reality micro-display engines, interactive display modules, and consumer lidar modules.

    For more information, visit the Company’s website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at https://www.linkedin.com/company/microvision/.

    MicroVision, MAVIN, MOSAIK, and MOVIA are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.

    Forward-Looking Statements

    Certain statements contained in this release, including expected benefits and closing of financing transactions; customer engagement and the likelihood of success; opportunities for revenue and cash; market position; product volumes, performance and capabilities; and expected revenue, expenses and cash usage are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include the risk its ability to operate with limited cash or to raise additional capital when needed; market acceptance of its technologies and products or for products incorporating its technologies; the failure of its commercial partners to perform as expected under its agreements; its financial and technical resources relative to those of its competitors; its ability to keep up with rapid technological change; government regulation of its technologies; its ability to enforce its intellectual property rights and protect its proprietary technologies; the ability to obtain customers and develop partnership opportunities; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market its products; potential product liability claims; its ability to maintain its listing on The Nasdaq Stock Market, and other risk factors identified from time to time in the Company’s SEC reports, including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed with the SEC. These factors are not intended to represent a complete list of the general or specific factors that may affect the Company. It should be recognized that other factors, including general economic factors and business strategies, may be significant, now or in the future, and the factors set forth in this release may affect the Company to a greater extent than indicated. Except as expressly required by federal securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

    Contact Us:

    D. Boral Capital
    590 Madison Avenue, 39th Floor
    New York, NY 10022
    Main Phone: +1 (212) 970-5150
    www.dboralcapital.com
    info@dboralcapital.com

    The MIL Network –

  • MIL-OSI: PureSky Energy Welcomes Rami Khadra as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) — PureSky Energy (PureSky), a leader in sustainable energy solutions and independent power producer, is pleased to announce the appointment of Rami Khadra as its new Chief Financial Officer (CFO), effective February 3, 2025.

    With over 15 years of leadership experience in renewable energy finance, Rami Khadra brings an impressive track record of securing capital, managing financial risk, and driving global expansion for major organizations. His expertise in building robust financial structures and his commitment to sustainable growth make him a key addition to the PureSky Energy leadership team.

    Khadra joins PureSky Energy from Amp Energy, where he served as Vice President of Treasury and FP&A, overseeing key initiatives such as securing capital, optimizing funding strategies, and managing financial risks to support the company’s global expansion. Previously, he held senior treasury roles at Algonquin Power & Utilities Corp., Brookfield Renewable Partners, and Nakheel, an infrastructure firm in Dubai that played a role in iconic projects such as Palm Islands off the coast of Dubai.

    In his most recent role at Amp Energy, Khadra spearheaded initiatives to diversify funding sources, optimize capital structures, and navigate currency risks while driving strategic growth. At Algonquin, he played a pivotal role in driving the successful implementation of its $9.7 billion capital plan, advancing its execution while safeguarding the company’s credit rating. During his tenure at Brookfield Renewable Partners, Khadra managed liquidity for $5 billion in project-level debt, supported over $5 billion in M&A activities, and enhanced credit risk and interest rate management for an asset portfolio exceeding $24 billion.

    “I am thrilled to join PureSky Energy at such a crucial time for the renewable energy industry,” said Khadra. “PureSky Energy has an outstanding track record of developing innovative projects and contributing to a sustainable energy future. I look forward to working with this talented team to optimize financial operations, drive growth, and deliver on the company’s strategic goals while maintaining and building upon the strong relationships already in place.”

    Jared Donald, CEO of PureSky Energy, expressed enthusiasm for the appointment: “Rami’s extensive experience in renewable energy finance, coupled with his proven ability to navigate complex capital markets and build resilient financial strategies, aligns perfectly with our vision for growth and innovation. His leadership will be instrumental as we continue expanding our portfolio of projects and driving the transition to clean energy.”

    As CFO, Khadra will focus on enhancing financial efficiency, optimizing the company’s capital structure, and building strong relationships with investors and stakeholders. He will also play a critical role in supporting PureSky Energy’s mission to develop community-focused solar projects and advance the renewable energy transition.

    Khadra’s appointment underscores PureSky Energy’s commitment to assembling a world-class team dedicated to sustainability, innovation, and long-term success.

    About PureSky Energy:

    PureSky Energy is a leading developer, owner, and operator of US community solar, C&I and storage projects with headquarters in Denver, Colorado. Since entering the US market in 2016, the company has rapidly expanded its scale and currently operates a portfolio with generation capacity of approximately 233MW across forty-four sites or under-construction projects expected to be completed in the short term. The company has a large pipeline of solar and battery storage projects across existing and new US markets, placing the platform in a primary position within the distributed generation market. The company’s mission is to make clean energy accessible and affordable to local communities across the United States, while shaping a brighter, more sustainable future for generations to come.

    Website: www.pureskyenergy.com

    Host A Solar Farm: https://www.pureskyenergy.com/community-host

    LinkedIn: https://www.linkedin.com/company/puresky-energy

    For media inquiries, please contact:

    Janet Janzen: marketing@pureskyenergy.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e0c0a2db-205e-4d44-aa2f-1654a64fb326

    The MIL Network –

  • MIL-OSI: Music Licensing, Inc. Receives Official Federal Recognition of Its Wholly Owned Subsidiary, Pro Music Rights, as a Performing Rights Organization in the United States Federal Register

    Source: GlobeNewswire (MIL-OSI)

    Naples, FL, Feb. 10, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), a leader in the music rights and intellectual property sector, is pleased to announce that its wholly owned subsidiary, Pro Music Rights (PMR), has been officially recognized in the Federal Register of the United States of America as a Performing Rights Organization (PRO). This landmark recognition reinforces Pro Music Rights’ position as a key player in the U.S. music licensing ecosystem, joining the ranks of other established PROs responsible for ensuring that music creators receive fair compensation for the public performance of their works.

    This official acknowledgment represents a pivotal achievement for Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) and its shareholders, as it validates Pro Music Rights’ authority in managing performance rights and licensing agreements on behalf of its extensive repertoire of musical works. Pro Music Rights already represents an estimated 7.4% market share in the U.S., covering over 2.5 million works from renowned artists.

    A Milestone for the Future of Music Licensing

    The inclusion of Pro Music Rights in the Federal Register signifies more than just formal recognition—it cements the company’s status as a regulatory-compliant, trusted, and transparent music rights administrator. This milestone provides greater legitimacy, stability, and enhanced leverage in negotiations with major technology and media companies that rely on legally licensed music for their platforms.

    Jake P. Noch, CEO of Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), commented on this development:
    “This recognition in the Federal Register underscores our commitment to protecting artists’ rights and ensuring fair compensation for their creative works. It strengthens our ability to negotiate with industry giants such as Apple Inc., Amazon, Google, and Spotify, enabling us to secure more favorable licensing terms that benefit both rights holders and shareholders.”

    Strategic Advantages and Business Growth

    This recognition presents multiple strategic benefits for Pro Music Rights and Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), including:

        •    Strengthened Licensing Authority – As an officially recognized PRO, PMR can enhance its negotiating power with major music streaming platforms, broadcasters, and digital service providers.
        •    Greater Transparency & Industry Confidence – Federal recognition increases trust and credibility among rights holders, licensees, and regulatory bodies.
        •    Expansion Opportunities – PMR is now better positioned to expand its reach, enter into new licensing agreements, and provide competitive solutions in the evolving digital music landscape.
        •    Enhanced Revenue Potential – With this recognition, PMR anticipates a significant increase in licensing revenue as it actively enforces its rights with major industry players.

    Looking Ahead: Licensing Deals with Global Corporations

    With this newfound recognition, Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) will actively seek to leverage this status in future licensing discussions with some of the world’s largest technology and entertainment companies. The company aims to establish long-term agreements with Apple Music, Amazon Music, Google’s YouTube, Spotify, and other streaming services, ensuring that PMR’s extensive music catalog is fairly monetized.

    “As we move forward, we are excited about the immense opportunities this recognition brings,” added Jake P. Noch. “We are committed to delivering value to our rights holders, shareholders, and the broader music industry by ensuring that music creators receive their rightful earnings in an efficient, transparent, and legally sound manner.”

    About Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc.

    The MIL Network –

  • MIL-OSI: Beamr CEO will Present a Keynote Speech at the ACM Mile-High-Video 2025

    Source: GlobeNewswire (MIL-OSI)

    The Keynote Titled ״Is the future of video processing destined for GPU?״ Describes First Hand The Evolution of Video Encoding in the Past Decades

    Herzliya Israel, Feb. 10, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced that Beamr CEO, Sharon Carmel, will present a keynote speech titled ״Is the future of video processing destined for GPU?״ at the ACM Mile-High-Video 2025 conference, being held in Denver, Colorado from February 18-20, 2025. The keynote speech will be held on February 18, 2025 at 11:15 AM MST (1:15 PM EST).

    To meet with the Beamr video experts team at the ACM Mile-High-Video 2025 conference, please use this link.

    “Video compression processes have evolved in the last decades, to meet the growing demands for higher image quality, increased resolutions, and diverse viewing devices – from 8K screens to smartphones, while overcoming networking challenges”, said Carmel. He added: “Today, GPU-accelerated solutions, like those delivered by Beamr, emerge as the leading approach, enabling fast, highly efficient video processing, while enhancing the video with AI capabilities during the same workflow”.

    Carmel has 30 years of experience in the video and media industry, starting as the co-founder of Emblaze, which developed the first video chips for Samsung Mobile. The company went public in 1996 on the London Stock Exchange, and in 2000 reached a peak market cap of ~$7B. In 2002, Carmel founded his second start-up, BeInSync, which developed P2P synchronization and online backup technologies, and was acquired in 2008 by Phoenix Technologies.

    The ACM Mile-High-Video conference is a flagship video formats and streaming event that is geared towards practicing engineers in areas related to media compression and streaming. This event, held annually in Denver, is organized by engineers and researchers from both industry and academia.

    To meet with the Beamr video experts team at the ACM Mile-High-Video 2025 conference, please use this link.

    About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

    Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit www.beamr.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contact:

    investorrelations@beamr.com

    The MIL Network –

  • MIL-OSI Russia: HSE Launches Advanced Training Course on AI in Education

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Faculty of Computer Science HSE University is launching a professional development course on artificial intelligence in education. Program is intended for teachers, lecturers, and methodologists planning to integrate AI technologies into the educational process, as well as for management teams of educational institutions interested in improving educational processes through the implementation of AI.

    Teachers from the Faculty of Computer Science at the National Research University Higher School of Economics will show how to make artificial intelligence an assistant to a teacher so that it works for the benefit of the educational process. For example, students will be able to use neural networks to develop tests and educational materials, and analyze academic performance.

    The program consists of four blocks. The first is devoted to the effectiveness of AI in educational practice and the ethical issues of its use. The second block will examine AI services in detail: Yandex GPT, GigaChat, Perplexity and others. Teachers will tell how to use them to create programs of academic disciplines, articles, presentations, tests and assignments, and conduct data analysis. Block 3 contains information on how AI is currently used in education, business and media. The last block is a bonus. It is intended for those who want to delve deeper into the structure of large language models and learn about the practice of their application. Upon completion of the training in the Artificial Intelligence in Education program, students will be able to confidently create their own projects for integrating AI into the educational process based on the studied cases and examples.

    The integration of artificial intelligence tools into the educational process is not just a fashionable trend, but a necessity in today’s rapidly changing world, the expert believes Center for Continuous Education of the Faculty of Computer Science of the National Research University Higher School of Economics and the course creator Daria Kasyanenko, who spoke about the course and the importance of using AI tools in education.

    “AI opens up huge opportunities for personalizing learning, automating routine tasks, and increasing the efficiency of the educational process as a whole. Our course is designed to help teachers master these innovative technologies and implement them in their teaching practice,” she emphasized.

    The Higher School of Economics already has successful experience in this area. Last year, as part of the strategic academic leadership program “Priority 2030” More than 50% of HSE full-time employees have completed the course “Artificial Intelligence in Education and Research”.

    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 –

  • MIL-OSI Economics: Samsung TV Plus India Launches Five Exclusive FAST Channels from Warner Bros. Television

    Source: Samsung

     
    Samsung TV Plus, Samsung’s free ad-supported streaming TV (FAST) service, has collaborated with Warner Bros. to launch five new FAST channels exclusively on Samsung TV Plus India. These WBTV channels deliver premium storytelling to streaming audiences, meeting the demand for high quality, free entertainment. With a strong focus on Hindi programming, these new FAST channels are designed to engage both regional and urban audiences.
     
    Samsung TV Plus is a free streaming service that comes pre-installed on Samsung Smart TVs, offering a wide range of channels, including news, sports, entertainment, and more.
     
    Kunal Mehta, Head Partnerships and Business Development, Samsung TV Plus India, said “We are thrilled to welcome Warner Bros. Television to Samsung TV Plus. As a leader in FAST, we are committed to bringing top-tier content to our audiences. This partnership expands entertainment choices while delivering even more value and access to our viewers—and opportunities for advertisers.”
     
    Offering a diverse range of premium programming, the channels mentioned below are curated to captivate viewers on Samsung Smart TVs and mobile devices:
     
    House of Crime: A gripping destination for crime enthusiasts, offering a mix of intense dramas and intriguing investigative series in Hindi.
    Foodie Hub: A haven for culinary adventurers, featuring popular food shows, recipes, and gastronomic journeys, presented in Hindi.
    Wild Flix: A heart-warming gateway to the wonders of the animal kingdom, showcasing captivating insights into zoo life, and awe-inspiring animal rescue stories in Hindi.
    Wheel World: A high-octane destination for automobile enthusiasts, featuring exhilarating car and bike shows, and restoration stories from the best garages, presented in English.
    XXtreme Jobs: An adrenaline-pumping exploration of the world’s most daring professions, unearthing extraordinary workplaces and fearless individuals behind them, presented in Hindi.
    Ruchir Jain, Head of Distribution, Warner Bros. Discovery, South Asia, said: “At Warner Bros. Discovery, we are passionate about curating diverse and high-quality entertainment for our audiences. With connected TVs on the rise, we are excited to expand our presence on Samsung TV Plus through these new channels. Our partnership with Samsung TV Plus will enable us to bring our viewers the very best of WBTV.”

    MIL OSI Economics –

  • MIL-OSI Economics: Final Chance to Experience Samsung’s Galaxy Studio at Sandton City!

    Source: Samsung

    This is your final chance to immerse yourself in the future of mobile AI technology at Sandton City with Galaxy Studio. For the past couple of weeks, Samsung has been bringing an electrifying and interactive experience for visitors to explore the new Galaxy S25 Series setting a standard as a true AI companion [that understands your needs and preferences and provides a personalised AI experience with privacy ensured at every turn].
     

     
    With AI quickly becoming integrated into our daily lives, avoid FOMO and head over to Sandton City before studio concludes on Sunday, February 9.
     
    Get to Galaxy Studio, now, where you’ll be able to experience Samsung’s most intuitive mobile AI device redefining how we interact with the world in the most natural experience – almost as if you were communicating with a friend. Powered with the all-new One UI 7, the Galaxy S25 Series can understand the context of everything on your screen – from voice, images, etc.– to anticipating your needs and prompting next-step suggestions. Receive tailored actionable insights and suggestions based on your habits – generated-on-device – to make your day seamless from start to finish with Now Brief. See the information you need most, quickly and easily from your lock screens with Now Bar.
     
    And it doesn’t end there! The Galaxy S25 Series sets a new standard for mobile photography with the new 50MP ultrawide camera sensor, unleashing truly pro creation. Low light videos have never been clearer. PLUS, the 10-bit HDR recording offers four times richer colour expression, revealing intricate textures like never before.  The Galaxy S25 also introduces a range of photo and video editing tools including Audio Eraser which simplifies the removal of unwanted noise in videos [by isolating categories of sounds including voices, crowds, wind, music, nature and background noise, you can control what tone down or eliminate completely]
     

     
    A mobile AI leader, Samsung is committed to preparing for the future, ensuring Galaxy devices are designed to protect users as technology evolves. Knox Matrix provides protection across your connected device ecosystem – a vital safeguard in today’s hyperconnected, AI-powered world. But don’t just take our word for it, head on to Galaxy Studio and experience, for yourself, Samsung’s vision to change the way users interact with their phone – and their world.
     
    Whether capturing stunning photos, organising your schedule, or discovering how Galaxy AI can revolutionise your daily life, Galaxy Studio is a space where technology meets imagination.
     
    Come to Galaxy Studio for an exclusive hands-on experience and be taken to dazzling new heights of the Galaxy S25 Series. Admission is free.
     
    For more information and updates, follow Samsung South Africa on social media – @SamsungmobileSA (X, Instagram), Samsung South Africa (Facebook) or visit www.samsung.com/za.

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: WAVES AI Art Installation Challenge

    Source: Government of India (2)

    Posted On: 10 FEB 2025 4:06PM by PIB Delhi

    Pioneering the Fusion of Creativity and Artificial Intelligence

    Introduction

    The AI Art Installation Challenge, organised by the Internet and Mobile Association of India in partnership with the Ministry of Information and Broadcasting, is a pioneering competition that brings together artists, designers, and AI enthusiasts to explore the fusion of artificial intelligence and artistic expression. Participants are invited to create immersive and interactive installations using AI-driven tools and techniques, pushing the boundaries of creativity and innovation. The challenge aims to highlight AI’s transformative potential in the arts while fostering engagement with investors, collaborators, and industry leaders. By bridging art and technology, it positions India at the forefront of AI-powered creative expression.

    This challenge is part of the Create in India Challenges, a flagship initiative under the World Audio Visual & Entertainment Summit (WAVES), which serves as a global platform for innovation in the Media & Entertainment (M&E) industry. Led by the Ministry of Information and Broadcasting, it has attracted over 70,000 registrations. With 31 competitions launched, it fosters creativity and global participation. As a premier industry forum, it drives collaboration, trade opportunities, and India’s emergence as a global creative hub. The summit, set to take place from 1st to 4th May 2025 at Jio World Convention Centre & Jio World Gardens, Mumbai, will provide a launchpad for visionary ideas and emerging talent.

    Eligibility Guidelines

    Submission Requirements

     

    1. Submit a prototype or mockup showcasing the installation’s feasibility and interactivity.

     

    1. Include a project description outlining the process, inspiration, and AI techniques used.

     

    1. Provide visual representations, such as sketches or 3D models.

     

    1. Upload a short video (up to 5 minutes) explaining the concept and demonstrating any prototypes or simulations.

     

    1. Entry deadline: 15th March 2025.

     

    Evaluation Criteria

     

    Disqualification Criteria

     

    1. Plagiarism or use of unauthorized content
    1. Non-compliance with submission and eligibility guidelines

     

    References:

     

    1. https://wavesindia.org/challenges-2025
    2. https://eventsites.iamai.in/Waves/ai-art/
    3. https://pib.gov.in/PressReleasePage.aspx?PRID=2048202

    Click here to download PDF

    *********

    Santosh Kumar/ Sarla Meena/ Saurabh Kalia

     

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  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi interacts with students during Pariksha Pe Charcha 2025

    Source: Government of India (2)

    Prime Minister Shri Narendra Modi interacts with students during Pariksha Pe Charcha 2025

    The United Nations declared 2023 as the ‘International Year of Millets’ and promoted it across the world on a proposal from India: PM

    Seasonal fruits must be eaten, food must be chewed properly, right food must be eaten at the right time: PM

    Absence of illness doesn’t mean we are healthy, focus on wellness: PM

    One should prepare oneself for pressure concentrating on task at hand: PM

    We should continue to strive for better, fight our own battles, find stillness within: PM

    Be an example, don’t demand respect command respect, lead by doing not demanding: PM

    Students are not robots, studies are for holistic development, they should have freedom to explore their passions: PM

    Exams are not everything, knowledge and exams are not the same thing: PM

    The habit of writing should be developed: PM

    Discover and nurture each student’s unique talent, look for positivity: PM

    We all have the same 24 hours, it’s about managing our time wisely: PM

    Focus on the Present, share your feelings with your loved ones: PM

    Don’t compare your children with others,understand your children to support their passion, find your child’s strengths: PM

    Learn to listen, Right Breathing is the key: PM

    Every child is unique, know their dreams, guide their journey, be their support: PM

    Avoid comparing students, don’t criticise students publicly, encourage and praise to motivate them: PM

    Challenge yourself, defeat your past, thrive in the present: PM

    Listen, Question, Understand, Apply, compete with yourself: PM

    Convert your failures into opportunities: PM

    Use technology wisely not fearfully, technology should be utilised optimally: PM

    We should not exploit nature but protect and nurture our Environment showing our gratitude, Ek Ped naam ke Naam is one such initiative: PM

    Posted On: 10 FEB 2025 3:14PM by PIB Delhi

    The Prime Minister, Shri Narendra Modi interacted with students at Sunder Nursery, New Delhi today during the 8th edition of Pariksha Pe Charcha (PPC). The Prime Minister in an informal interaction with the students from across the country discussed a host of topics. He distributed sweets made of Til (sesame) which is traditionally served during winters to keep the body warm.

    Nourish to Flourish

    On the topic of Nutrition, Shri Modi remarked that the United Nations had declared 2023 as the ‘International Year of Millets’ and promoted it across the world on a proposal from India. He added that the Government of India strongly urged that there should be a lot of awareness regarding nutrition, as proper nutrition helps prevent many diseases. The Prime Minister highlighted that Millets were known as a superfood in India. He added that in India, most things like crops, fruits were linked to our heritage and cited an example where every new crop or season was dedicated to God and festivals were celebrated in most places across India. He further mentioned that the offerings to the God were distributed as Prasad. Shri modi urged the children to eat seasonal fruits. He encouraged the children to avoid Junk food, oily food and food products made of Maida. Touching upon the importance of how to eat food correctly, the Prime Minister encouraged the children to chew their food at least 32 times before swallowing. He also shared tips to the children to take small sips of water and savor its taste, whenever they drink water. On the topic of eating the right food at the right time, Shri Modi citing the example of farmers, said that they had a hearty breakfast in the morning before going to the fields and completed their supper before the sunset. He encouraged the students to follow similar healthy habits.

    Nutrition and wellness

    Discussing Wellness, the Prime Minister underlined that absence of wellness does not mean that one is healthy, and urged the children to focus on wellness. He added that the right amount of sleep was important to ensure the fitness and wellness of the body. He mentioned that there were many research projects being conducted on the importance of sleep in human wellness. Shri Modi, stressing on the importance of sunlight for the human body, encouraged the children to cultivate a daily habit of soaking in the morning sunlight for a few minutes. He also told them to take deep breaths standing under a tree right after the sunrise. The Prime Minister summed it up by informing that for an individual to progress in life, the importance of nutrition lies in what, when, how and why one eats.

    Mastering Pressure

    On the topic of Mastering Pressure, the Prime Minister remarked that it is unfortunate how our society has ingrained the idea that not scoring high marks in school exams like 10th or 12th means life is ruined. This, he said, added to the pressure on the children. Citing a reference to the batsman’s concentration on the ball in a cricket match, Shri Modi encouraged the children to evade the outside pressure like the batsman and focus and concentrate on their studies only which would help them overcome the pressure.

    Challenge Yourself

    Asking the students to be well prepared and keep challenging themselves every time, the Prime Minister remarked that many people do not fight their own battles against themselves. He remarked on the importance of self-reflection, urging individuals to frequently ask themselves what they can become, achieve, and what actions will bring them satisfaction. He highlighted that one’s focus should not be swayed by daily external influences like newspapers or TV, but rather should be steadily cultivated over time. The Prime Minister pointed out that many people often let their minds wander without direction. He advised them not to be frivolous in their decisions and make up their mind to find stillness on something which will help them to tackle the challenges.

    The Art of Leadership

    On being asked by a student to share tips on effective leadership, Shri Modi said that outer appearance does not define a leader but a leader is one who leads by setting an example for others. To achieve this, he said that individuals must change themselves, and their behavior should reflect this change. “Leadership is not imposed, but accepted by those around you”, said the Prime Minister. He remarked that preaching to others will not earn acceptance; it is one’s behavior that is accepted. He cited an example, noting that if one gives a speech on cleanliness but does not practice it, they cannot be a leader. Shri Modi emphasised that teamwork and patience are essential for leadership. He underlined that when delegating tasks, it is important to understand the challenges faced by the team members and helping them through difficulties will build their confidence and trust in leadership. The Prime Minister illustrated this by sharing a childhood story about a child holding a parent’s hand at a fair. The child preferred the parent to hold their hand, ensuring a sense of security and trust. This trust is a significant strength in leadership, he emphasised.

    Beyond Books – 360º Growth

    On the topic of balancing hobbies with studies, while the general belief is that academics is the only path to success, the Prime Minister stated that students are not robots and emphasized the importance of holistic development. He noted that education is not solely for advancing to the next class but for comprehensive personal growth. Reflecting on the past, he highlighted how the lessons from early schooling like gardening might have seemed irrelevant, but they contribute to overall development. The Prime Minister urged parents and teachers not to confine children to a rigid academic environment, as this stunts their growth. He added that Children need an open environment and activities they enjoy, which in turn enhances their studies. He emphasized that exams are not everything in life, and told students that adopting this mindset will help convince families and teachers. The Prime Minister also clarified that he is not advocating against reading books; rather, he emphasized the importance of acquiring as much knowledge as possible. He remarked that exams are not everything and that knowledge and exams are two different things.

    Finding Positives

    The Prime Minister remarked that people often question advice given to them, wondering why it was said and if it reflects a flaw in them. This mentality hinders one’s ability to help others. Instead, he advised identifying the good qualities in others, such as singing well or dressing neatly, and discussing these positive traits. This approach shows genuine interest and builds rapport. He further suggested offering assistance by inviting others to study together. The Prime Minister also highlighted the importance of developing the habit of writing. He noted that those who develop the habit of writing would capture their thoughts effectively.

    Find your Uniqueness

     

    Recounting an incident in Ahmedabad where a child was about to be expelled from school for lack of attention, the Prime Minister said however, the child excelled in a tinkering lab and won a robotics competition, showcasing unique strengths. The Prime Minister emphasized that it is the teacher’s role to recognize and nurture unique talents and strengths of children. Shri Modi proposed an experiment for self-reflection and understanding relationships. He suggested recalling 25-30 childhood friends and writing their full names, including their parents’ names. This exercise often reveals how little we know about those we consider close friends. The Prime Minister encouraged identifying positive traits in people and cultivating the habit of finding positivity in others. This practice, he noted, would be beneficial for personal growth.

    Master your time, Master your life

    On being asked by a student about time management, Shri Modi pointed out that everyone has 24 hours in a day, yet some people accomplish a lot while others feel nothing is achieved. He highlighted the importance of time management, noting that many lack an understanding of how to utilize their time effectively. The Prime Minister advised being mindful of time, setting specific tasks, and reviewing progress daily. He also emphasized the importance of focusing on subjects that are challenging rather than avoiding them. He cited an example of how to take up the subject which one feels difficult first and tackle it head on. By taking on these challenges with determination, individuals can overcome obstacles and achieve success. Addressing the issue of distractions caused by various ideas, possibilities, and questions during exam time, the Prime Minister remarked that students often do not truly know themselves and engage in conversations with friends, making excuses for not studying. He noted that common excuses include being too tired or not in the mood. The Prime Minister highlighted that such distractions, including those from phones, hinder focus and academic performance.

    Live in the moment

    The Prime Minister emphasized that the most valuable thing is the present moment. Once it passes, it is gone, but if lived fully, it becomes a part of life. He highlighted the importance of being mindful and appreciating the moment, such as noticing a gentle breeze.

    The Power of Sharing

    On the topic of Coping with anxiety and depression while managing their studies, Shri Modi said the issue of depression often starts with feeling disconnected from family and gradually withdrawing from social interactions. He emphasized the importance of expressing inner dilemmas openly to prevent them from escalating. The Prime Minister highlighted the traditional family structure, where open communication with family members acted as a pressure release valve, preventing emotional build-up. He reflected on how his teachers worked hard to improve his handwriting, which deeply touched him and emphasized the impact of genuine care from educators. The Prime Minister noted that this care and attention can greatly influence a student’s well-being and academic performance.

    Follow your interests

    Shri Modi addressed parental pressure on children to choose certain careers. He remarked that parents’ expectations often stem from comparing their children to others, which can hurt their ego and social status. He advised parents not to showcase their children as models everywhere, but to love and accept their strengths. He cited the previous example of a child who excelled in robotics after being on the verge of expulsion from school, illustrating that every child has unique talents. He also cited the example of cricket legend Sachin Tendulkar. The Prime Minister encouraged parents to recognize and nurture their children’s strengths, even if they are not academically inclined. He emphasized the importance of skill development and mentioned that he would have chosen the Skill Development Department if he were not the Prime Minister. By focusing on their children’s abilities, parents can reduce the pressure and help them thrive.

    Pause, Reflect, Reset

    The Prime Minister illustrated how focusing on identifying different sounds can help in concentrating. He shared that practicing breathing exercises, such as Pranayama, can generate a different kind of energy, helping to manage anxiety. The Prime Minister provided a technique to balance breathing through both nostrils, which can bring the body under control in seconds. He mentioned how learning about meditation and breath control can alleviate stress and help maintain focus.

    Realising your potential, Achieving targets

    Addressing the concern of staying positive and finding happiness in small victories, Shri Modi highlighted that sometimes people become negative due to their own thoughts or the influence of others. Interacting with a student who aimed for 95% in the 10th grade but achieved 93%, which led to disappointment, the Prime Minister considered this a success and congratulated the student for setting a higher target. He emphasized that targets should be ambitious yet realistic. Shri Modi encouraged viewing achievements from a positive perspective, understanding one’s strengths, and appreciating the effort put into reaching close to the target.

    Every Child is Unique

    On the topic of maintaining good health during exams, the Prime Minister remarked that the primary issue lies less with students and more with their families. He highlighted that many parents pressure their children to pursue specific careers, like engineering or medicine, despite the child’s interests in fields like art. This constant pressure leads to a life of stress for the child. He urged parents to understand and recognize their children’s abilities and interests, monitor their progress, and provide support. For instance, if a child shows interest in sports, parents should encourage and motivate them by taking them to watch sports events. The Prime Minister also addressed teachers, urging them to avoid creating an environment where only top-performing students receive attention while others are neglected. He emphasized the importance of not comparing students and encouraging each child’s unique abilities. He reminded the students to strive for improvement and perform well, but also recognize that academics is not everything in life.

    Self – Motivation

    On the topic of self- motivation, the Prime Minister advised never to isolate oneself and emphasized the importance of sharing thoughts and seeking motivation from family or seniors. He suggested challenging oneself with small goals, such as cycling 10 kilometers, to build confidence and enjoy the sense of accomplishment. Shri Modi highlighted that these small experiments with oneself help overcome personal limitations and live in the present, allowing the past to remain in the past. The Prime Minister stated that he finds motivation from the people – 140 crore Indians. He shared that while he authored “Pariksha Pe Charcha,” individuals like Ajay in their villages are transforming it into their poetry. This makes him feel that he should continue such work, as there are many sources of motivation around us. On being asked about Internalising things, Shri Modi advised that merely contemplating advice, such as waking up early, is not enough without implementation. He emphasized the importance of applying learned principles practically and refining oneself through personal experimentation. The Prime Minister illustrated that by making oneself a laboratory and testing these principles, one can truly assimilate and benefit from them. Shri Modi highlighted that most people compete with others rather than themselves, often comparing themselves to those who may be less capable, which leads to disappointment. He emphasized that self-competition builds unwavering confidence, whereas comparing oneself to others can cause discouragement.

    Failure as fuel

    On the topic of how to overcome failure, Shri Modi remarked that even if 30-40% of students fail in their 10th or 12th grades, life does not come to an end. He emphasized the importance of deciding whether to succeed in life or only in academics. He advised making failures one’s teacher, using cricket as an example where players review their mistakes and strive for improvement. The Prime Minister urged viewing life holistically, not just through the lens of exams. He highlighted that differently-abled individuals often possess extraordinary strengths and that everyone has unique capabilities. He stressed the importance of working on these strengths rather than focusing solely on academic achievements. He stated that in the long run, it is one’s life and abilities that speak for success, not just academic marks.

    Mastering Tech

    Emphasising that we are all fortunate, and especially so in an era where technology is widespread and impactful, the Prime Minister remarked that there is no need to shy away from technology, but instead, individuals should determine whether they spend their time on non-productive activities or delve deeper into their interests. By doing so, technology will become a strength rather than a destructive force. Shri Modi highlighted that researchers and innovators develop technology for the betterment of society. He urged people to understand and optimally utilize technology.

    On being asked how to give one’s best in any task, Shri Modi emphasized the importance of continuous improvement, stating that the first condition for doing one’s best is to strive to be better than yesterday.

    How to Convince Your parents?

    Addressing the dilemma of choosing between following family advice or personal interests, Shri Modi remarked that it’s important to acknowledge family suggestions and then persuade them by asking how to proceed with their advice and seeking their assistance. By showing genuine interest and discussing alternative options respectfully, families may gradually understand and support one’s aspirations.

    Dealing with Exam Pressure

    Discussing the common issue of students not finishing their exam papers on time, leading to stress and pressure, the Prime Minister advised thorough practice with previous exam papers to learn how to write concise answers and manage time effectively. He highlighted the importance of focusing on questions that require more effort and not spending too much time on questions that are difficult or unfamiliar. He emphasized that regular practice helps in better time management during exams.

    Caring for Nature

    The Prime Minister addressed climate change and commended the young generation for their concern about it. He noted that much of the development in the world has led to a culture of exploitation, where people prioritize personal gain over environmental protection. Shri Modi mentioned Mission LIFE (Lifestyle for Environment), which promotes a lifestyle that protects and nurtures nature. He shared cultural practices in India, such as apologizing to Mother Earth and worshipping trees and rivers, which demonstrate respect for nature. He also highlighted the campaign “Ek Ped Maa ke Naam,” encouraging people to plant trees in memory of their mothers. This initiative fosters a sense of attachment and ownership, leading to the protection of nature.

    Growing your own Green Paradise

    Shri Modi encouraged the students to plant their own trees and suggested practical tips for watering them. He advised placing a clay pot filled with water next to the tree and refilling it once a month. This method helps the tree grow quickly with minimal water usage. The Prime Minister congratulated everyone and expressed his gratitude for their participation.

     

     

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    MJPS/SR

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  • MIL-OSI Asia-Pac: Education meets Gaming at Create in India Challenge Season-1 at WAVES 2025

    Source: Government of India

    Education meets Gaming at Create in India Challenge Season-1 at WAVES 2025

    Know Your City well? Come and Play City Quest: Shades of Bharat and get recognised at WAVES 2025 for your knowledge of Indian cities, their achievements and challenges

    Compete & learn with city-specific cards promoting SDG awareness & regional pride; Explore strengths of 56 Indian cities & overall sustainability performance on a global scale

    Innovative Gaming meets Sustainable Development: City Quest-Shades of Bharat highlighted the SDG action at IIT Bombay’s E-Summit 2025, driving youth engagement

    Posted On: 10 FEB 2025 3:17PM by PIB Delhi

    If you have in-depth knowledge of your city’s progress on Sustainable Development Goals (SDGs), here’s your chance to be recognized on a national stage. World Audio Visual & Entertainment Summit (WAVES) 2025 offers a unique opportunity for individuals who understand their city’s sustainability efforts, challenges, and achievements.

    ‘City Quest: Shades of Bharat‘,  an innovative educational game, is a key component of the ongoing Create in India Challenge under WAVES 2025. This engaging game is designed to educate and inspire the youth by gamifying the metrics of urban development through the lens of the Sustainable Development Goals (SDGs). It explores the strengths and challenges of 56 cities across the country while reliving the joy of the childhood trump card game.

    This platform will provide a space to highlight cities making significant strides toward a sustainable future. Stand out as a champion of urban sustainability and get the opportunity to showcase your knowledge about the city’s SDG journey, with winners to be felicitated at WAVES 2025 in Mumbai from May 1-4, 2025.

    About the Game

    City Quest game engages in a single-player format where players compete against a computer opponent using a deck of city cards. Each card features six parameters, allowing players to compare cities based on various statistics, such as the Hunger Index, Good Health and Well-being, and Gender Equality. It tracks 15 SDGs and uses the top 6 SDGs across 56 cities using NITI Aayog’s Urban Index (2021).

    Through interactive gameplay, it educates players on the developmental challenges and achievements of 56 Indian cities, emphasizing the impact of sustainable practices.

    As players explore each city’s attributes through City Quest, they also gain insights into how individual and collective actions can significantly impact India’s overall sustainability performance on a global scale

    CityQuest game is open to participation by all individuals across all age groups offering a dive into a nostalgic card game experience with a fresh twist and an opportunity to learn more about Bharat’s vibrant cities. The game features both national and city-specific leaderboards, fostering healthy competition among players and encouraging participation from various regions. Players can sign up for their home city, creating a sense of community and local pride.

    City Quest: Igniting Minds at IIT Bombay’s E-Summit 2025

    ‘City Quest: Shades of Bharat’, an Edu-game that compares 56 Indian cities on Sustainable Development Goals was showcased at the recently concluded E-Summit 2025, the annual flagship event of E-Cell IIT Bombay last week. The event had unmatched energy, enthusiastic minds, endless excitement, and a buzzing crowd of over 30,000 students over two days.

    At IIT Bombay’s E-Summit 2025, E Gaming Federation (EGF), which is driving City Quest in collaboration with the Ministry of Information and Broadcasting, steered key discussions on gaming, startups, and emerging tech. Their sessions illuminated the significant role that the gaming industry and innovative technologies play in modern entrepreneurship.

    Key headliners at the Summit included Nandan Nilekani, Anupam Mittal, and Sonam Wangchuk. City Quest caught the attention of IITB students and visitors, generating buzz around the upcoming World Audio Visual Entertainment Summit 2025, as well as the Create in India Season 1 Challenges.

    SDG engagement through Interactive Storytelling at IIT Bombay

    City Quest offered an immersive experience to students via interactive storytelling about Indian cities and the importance of active participation by Indian citizens through daily actions in significantly boosting India’s performance on SDG global rankings.

    Exciting competitions were also organized amongst students as brand ambassadors of their hometowns competing with each other through City Quest trump cards. Select winners were awarded a special edition of City Quest decks every hour of the day.

    Highlights of City Quest: Shades of Bharat:

    • Innovative Gameplay: Players participate in friendly competitions, using strategic thinking to assess how cities contribute to achieving the SDGs, fostering a sense of community and civic pride.
    • Bridging Gaps: City Quest exemplifies how gamification can effectively bridge policy and public participation, offering an engaging method to educate and motivate India’s youth towards sustainable development.

    WAVES 2025

    Union Minister of Information and Broadcasting Railways, Electronics and IT, Shri Ashwini Vaishnaw, has announced the dates and venue for the upcoming World Audio Visual Entertainment Summit (WAVES 2025). This landmark event, set to position India as a global leader in the creative industries, will be held in Mumbai from 1st May 2025 to 4th May 2025.

    The announcement follows a fruitful meeting of the Advisory Board of WAVES with Prime Minister Sh. Narendra Modi, reflecting the nation’s ambition to become the creative powerhouse of the world. This summit will bring together the world’s top media CEOs, biggest entertainment icons, and creative minds from across the globe—unifying entertainment, creativity, and culture like never before.

    The game is currently available for free on Android devices via Google Play, providing an accessible platform for players nationwide to engage with important social issues while contributing to a collective understanding of urban growth and sustainability.

    *****

    Dharmendra Tewari/Kshitij Singha

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Indian Railways working on war footing to make sure that devotees come in & go back smoothly during ongoing Mahakumbh 2025

    Source: Government of India

    Indian Railways working on war footing to make sure that devotees come in & go back smoothly during ongoing Mahakumbh 2025

    All eight stations in Prayagraj area including the Prayagraj Junction are fully functional; Railways run 330 trains on Sunday & 191 trains by today 3 pm to ease the continued rush of pilgrims

    Union Minister of Railways & the Chairman Railway Board review the ongoing rush situation & Railway’s preparedness ahead of next Amrit Snan of Maghi Poornima on 12th January, 2025

    Posted On: 10 FEB 2025 4:41PM by PIB Delhi

    Despite continued heavy rush, Indian Railways is working on war footing to serve the devotees by bringing them in & taking back their home during the ongoing Mahakumbh. Countering a wrong media report a day before, Union Minister of Railways Ashwini Vaishnaw informed the nation through media that about 330 trains from eight different stations in the Prayagraj area carried 12 Lakh 50 thousand passengers back to their homes. Even as rush is not coming down, Indian Railways by running one train each from these stations in just above 4 minutes is making sure that devotees don’t have to wait after their holy bathing.

    Ahead of the next pious Amrut Snan of Maghi Poornima, One rake of these trains is catering to on an average 3780 passengers in a single trip is showing that rush is not coming down. Reviewing the situation at a meeting with zonal & divisional railway officials, Chairman Railway Board & CEO, Shri Satish Kumar asked the officials to bring to the notice of the media all its efforts in serving the people efficiently and at full capacity. He mentioned that Prayagraj Junction along with 7 other stations Prayagraj Chheoki, Naini, Subedarganj, Prayag, Phaphamau, Prayagraj Rambagh, and Jhusi are fully functional. Despite the continued rush, Special and regular trains are running at full capacity from these 8 stations from Prayagraj area. The closure of only one station, Prayagraj Sangam, two days before and two days after any Amrit Snan is a routine practice, Shri Satish Kumar emphasized. Further, this is done on the suggestion of prayagraj district administration and was done all through previous holy baths, the Amrit Snans. There is nothing new in it. He urged the media, Zonal & Divisional offices of public relations of Indian Railway to highlight its massive efforts to help devotees reach the Mahakumbh city, specially in the light of reported traffic snarls in the adjoining areas. The fact remains that by 3 PM today, more than 190 special and regular trains had already departed from the 8 stations including the crucial Prayagraj Junction carrying more than 8 lakh pilgrims.

    Earlier in the day, CRB & CEO Shri Satish Kumar briefed the Union Rail Minister, Shri Ashwani Vaishnaw about the smooth functioning of railways’ services in Prayagraj area in the war room of Rail Bhawan, where CCTV camera footage from all the railway stations were being received. Both reviewed the ongoing situation of rush & discussed preparation of Railways ahead of the next Amrit snan of Maghi Purnima. Later Chairman, Railway Board urged the media and public in general not to fall prey to isolated media reports regarding services being affected at the crucial Prayagraj Junction.  He said that the facts can easily be verified by visiting the 8 Railway stations where the Mela special trains, painted with mahakumbh logo, are running day and night. Running 330 trains on a normal day by Indian Railway is an evidence of its unwavering commitment to the people of India. This number is almost on par with 360 trains that were run on Mauni Amavasya last month,  when the rush was on its historic peak.

    Passengers are advised to refer to official railway sources for the latest updates and to avoid misleading information.

    *****

    Dharmendra Tewari/ Shatrunjay Kumar

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  • MIL-OSI: FactSet Acquires LiquidityBook

    Source: GlobeNewswire (MIL-OSI)

    Integrating adjacent workflows across the front office to connect the full portfolio life cycle

    Adds technology-forward order management (OMS) and investment book of record (IBOR) capabilities

    NORWALK, Conn., Feb. 10, 2025 (GLOBE NEWSWIRE) — FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced the acquisition of LiquidityBook for a gross purchase price of $246.5 million in cash.

    LiquidityBook provides cloud-native trading solutions to hedge fund, asset and wealth management, outsourced trading, and sell-side middle office clients and operates a proprietary FIX network that enables streamlined connectivity to over 200 brokers and order routing to more than 1,600 destinations across 80 markets globally.  

    Over the past year, the two companies partnered to enable a turnkey integration of LiquidityBook’s flagship order management system (OMS) into the FactSet Workstation to seamlessly link adjacent steps in the front office trade workflow, from security research and portfolio construction to order creation and trade execution. The acquisition takes this successful partnership one step further to accelerate FactSet’s mission to connect the front office with the middle office. FactSet’s ability to serve the integrated workflow needs of clients across the portfolio life cycle will be enhanced by combining LiquidityBook’s modern and scalable order management, pre-trade compliance, and investment book of record (IBOR) capabilities with FactSet’s industry-leading investment research, execution management, performance, reporting, and portfolio analytics solutions.

    “This acquisition is further evidence of FactSet’s commitment to streamlining workflows across the entire portfolio life cycle to reduce our clients’ total cost of ownership,” said Rob Robie, Executive Vice President, Head of Institutional Buy Side, FactSet. “Clients want to spend their time on actionable investment decisions, not jumping between disparate research, portfolio management, and trading platforms. Deeper integration of LiquidityBook’s OMS and IBOR into the FactSet Workstation will enable a consolidated front office solution that meets the increasingly sophisticated needs of our clients.”

    Founded in 2005 and headquartered in New York with approximately 70 employees worldwide, LiquidityBook offers a modular platform for the full trading life cycle, enabling multi-asset class portfolio, order, and execution management capabilities. Architected to scale on a cloud-native, multi-tenant foundation, its solutions enable clients to track intraday portfolio holdings, initiate and monitor trade orders, ensure pre-trade and regulatory compliance, manage client/broker commissions, and process post-trade reconciliations through a single code base for every use case.

    “Since inception, LiquidityBook has focused on developing a modular solution on scalable architecture purpose-built to support the most sophisticated multi-asset trading workflows with a distinct advantage over inflexible, refactored legacy systems,” said Kevin Samuel, CEO, LiquidityBook. “We look forward to continuing this mission as part of FactSet to meet the growing workflow needs of clients across the trade life cycle without compromising on functionality.”

    “We are excited to bring two talented teams together to expand on the existing partnership in place,” said Shawn Samuel, CTO, LiquidityBook. “The value proposition of combining our complementary solutions is already client-validated and market-tested. Joining forces now to capitalize on this opportunity is the natural next step to delivering increased value and flexibility to clients.”

    The acquisition closed on February 7, 2025 and was funded by borrowings under FactSet’s existing revolving credit facility. The transaction is expected to be modestly dilutive to FactSet’s fiscal 2025 GAAP and adjusted diluted EPS.

    FactSet’s advisors on the transaction include Citi as financial advisor and Cravath, Swaine & Moore as legal advisor. LiquidityBook’s advisors include IA Global Capital as financial advisor and Curtis, Mallet-Prevost, Colt & Mosle as legal advisor.

    Forward-Looking Statements

    This news release contains forward-looking statements based on management’s current expectations, projections, beliefs and assumptions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

    About FactSet

    FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 218,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.

    About Liquidity Book

    LiquidityBook is a leading provider of cloud-native buy- and sell-side trading solutions and is trusted by many of the industry’s largest and most sophisticated firms. The LiquidityBook platform is easily configurable and enhanced daily with client requests, giving these firms peace of mind that their trading platform will adapt and scale as they grow. A disruptive force in the market for nearly 20 years, the founder-led LiquidityBook backs their platform with unparalleled support and employs a client-centric business model with no hidden fees. For more information, please visit www.liquiditybook.com or contact sales@liquiditybook.com.

    FactSet
    Investor Relations:
    investor_relations@factset.com

    Media Relations:
    Megan Kovach
    +1.512.736.2795
    megan.kovach@factset.com

    The MIL Network –

  • MIL-OSI Russia: Cultural Code of the Celestial Empire: How to Do Business in China

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Mikhail Dmitriev / Higher School of Economics

    By 2035, China will overtake the United States in terms of GDP and become the world’s largest economy. Today, there are over 108 million entrepreneurs and 50 million industrial enterprises in this country. Last year, economic growth was 4.8%. This opens up unique opportunities for Russian companies. HSE experts explained how to enter one of the most promising markets.

    The HSE Expert Club “Eastern Perspective” held a business session “China: Five Steps to Entering the Market That Will Bring Profits”. The club was created by HSE experts to discuss tools, trends and insights on cooperation between Russia and the countries of Southeast Asia, the Near and Middle East, and North Africa. The participants were addressed by experts with successful experience in the Chinese market. The meeting was moderated by Deputy Director Marketing Communications Directorate HSE University Dmitry Chubarov.

    Sergey Mikhnevich, Managing Director of the Department of International Multilateral Cooperation and Integration of the Russian Union of Industrialists and Entrepreneurs, Coordinator of Russian Business Participation in the Business Twenty, Executive Secretary, Member of the Presidium of the Business Council of the Eurasian Economic Union, spoke about a possible strategy for working with the Chinese business community and GR. First of all, he noted that China is the largest trading partner for Russia, but the volume of trade is quite concentrated and is mostly tied to one or two large projects. At the same time, there is currently a shortage of good experts in China in our country. Even the number of Russians who know Chinese and study this country has noticeably decreased in recent years.

    The speaker noted a number of markers of the Chinese approach to the market, related to the consideration of national characteristics, that is, the adaptation of foreign experience to their own realities and capabilities. He assigns a key role to the government of the PRC, since certain attributes of socialism are preserved in the country, which affects, among other things, the system of development of the Chinese economy and various methods of managing it. First of all, the Chinese market is a market of tough competition with directive management methods.

    “Despite the fact that for 10-12 years the PRC has been placing a big bet on increasing the role of the domestic market as an economic driver, exports also play a colossal role. At the same time, many companies enter the Chinese market not to sell their products, but to use the country’s production capabilities and then export goods to the target market, be it the Russian Federation or the countries of the Asia-Pacific region. There are quite a few such examples in a variety of economic sectors, because China’s import needs are really very high,” he said.

    According to the expert, China currently has a need for such areas as green development, ensuring the sustainability of supply chains for goods and raw materials, and the formation of new dynamic and stable sales markets.

    Professor Faculty of World Economy and World PoliticsNatalia Guseva, head of the HSE educational programs “Business with the East”, presented the educational programs “Eastern Perspective” for entrepreneurs working with countries of the Near and Middle East, North Africa, and the Indo-Pacific region.

    The flagship five-month program “Eastern Perspective: Strategy and Tactics for Building a Business” combines the experience and practices of entering new markets in developed countries of the Global East. Intensive three-month program “Eastern Perspective: The Basics of Building a Business” is aimed at obtaining practical knowledge on business development, launching international projects in various sectors of the economy with countries of the Global East.

    Three-week program «Eastern Perspective: The Practice of Building a Business in China“focuses on knowledge, strategies and practices for building a successful business in this country.

    “We want to give listeners new knowledge and share successful cases, and sometimes failed cases, when a company loses tens and hundreds of thousands, or even millions, due to mistakes. It is very important to understand what strategy you are going to use to enter the Chinese market and how you are going to compete there,” Natalia Guseva emphasized. “For example, why do they only talk about how to export products? Why not create a local enterprise? Why not make direct foreign investments? Why not think about licensing or franchising, depending on the specifics of the product or services provided?”

    Anastasia Nasedkina, founder of a Chinese marketing agency, spoke about the peculiarities of the Chinese market Matessa, author of educational courses on Chinese advertising platforms Baidu, WeChat, Weibo, Douyin (Ocean Engine). According to her, there are a number of significant differences from the Russian and European markets that need to be understood. For example, the Chinese in most cases trade and conduct business via mobile phones, not from a desktop computer, so to enter the Chinese market, a company does not need a website: its functionality will be replaced by the official WeChat account. For the same reason, social networks are serious tools for business development there. Analogues of WhatsApp, FB, Inst and VK, which are used in China: WeChat, Weibo, Douyin, Kuaishou, QQ.

    A foreign company must register a legal entity – this will allow it to promote the brand without strict restrictions. In addition, having a legal entity increases audience loyalty. A verified WeChat account will provide a credit of trust even for a young company: legal entity accounts are strictly checked, and this takes up to six months.

    One of the most popular online platforms for watching and sharing short videos is Douyin, the Chinese version of TikTok. Its audience is very diverse: about 60% of users are between the ages of 18 and 35, followed by the audience of 35-50 years old. The platform is popular in various regions of China, with a significant portion of users coming from first- and second-tier cities, that is, developed and wealthy provinces. The platform has a built-in Douyin Shop, where you can sell products if you have a registered trademark.

    In addition, live broadcasts conducted by the brand’s official account are popular in the country. In 2021, they already accounted for 57% of all broadcasts on the Douyin platform. The content on these accounts consists of simple and short videos, the editing of which mainly comes down to adding background music and effects.

    Entering the Chinese market should always begin with research, notes Anastasia Nasedkina. It is necessary to analyze the demand of the target audience, competitors, as well as the economic and political landscape. It is also important to assess the brand’s presence in the digital environment, the adaptation of the product and service to local preferences, the ability to ensure fast and hassle-free payment for purchases through local services.

    It is also important to pay attention to national rules of negotiation. Here, the strict hierarchy of age and position, the Chinese desire to “not lose face,” as well as cultural differences with Western views on topics such as worldview, relationships, family, etc. are important.

    “When you enter the Chinese market and hire employees there, you need to somehow build interaction with them, and it is important to either have a person who understands all these cultural differences and peculiarities and can build communication, or to immerse yourself and thus build a team in China. The Chinese market is quite complex, but with proper preparation and understanding, with the right strategy, you can enter it and gain a foothold in one or two years,” she summed up.

    In conclusion, the moderator of the event, Dmitry Chubarov, once again invited the business session participants to take the HSE educational programs dedicated to the East. He emphasized that the expertise and cases that will be discussed will not be based on abstract textbooks, but on the daily successful practice of both Russian and international companies.

    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 –

  • MIL-OSI Russia: On Russian Science Day, scientists and postgraduates were awarded at the Polytechnic University

    Translartion. Region: Russians Fedetion –

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

    On the Day of Russian Science, Peter the Great St. Petersburg Polytechnic University held many events: open lectures, seminars, quizzes, round tables, webinars and competitions. And the main event of the holiday was the award ceremony for the winners of the “Graduate Student of the Year” competition, the most active SPbPU scientists in the media and journalists popularizing science.

    Congratulating scientists, postgraduates and students on the holiday, Vice-Rector for Research Yuri Fomin emphasized that unprecedented attention is being paid to support of scientific activity at the federal level today.

    At a recent meeting of the Council under the President of the Russian Federation for Science and Education, it was discussed that it is necessary to ensure the superiority of domestic science-intensive technologies and products in vital areas. Polytechnic scientists are making their contribution to solving this problem. We are proud of their achievements and grateful to active popularizers of science who attract young people to research work, said Yuri Vladimirovich.

    After the greeting, the Vice-Rector for Science presented awards to the winners and prize-winners of the first-ever “Postgraduate of the Year” competition and their academic supervisors. In the field of natural and exact sciences, first place was taken by Polina Shinkevich from the Civil Engineering Institute (scientific supervisor Natalia Politaeva), second and third places went to Physics and Mechanical Institute postgraduate students Daniil Provodin (scientific supervisor Vadim Davydov) and Anna Ponomarenko (scientific supervisor Alexander Yashin).

    In the field of technical sciences, first place went to Ksenia Velmozhina from ISI (scientific supervisor Natalia Politaeva), and second place went to postgraduate students from the Institute of Mechanical Engineering, Materials and Transport Ekaterina Volokitina (scientific supervisor Nikolai Razumov) and Salbek Beketov (scientific supervisor Sergei Redko).

    In the field of humanities and social sciences, all prize places went to postgraduate students of the Institute of Industrial Management, Economics and Trade:

    The first was won by Grigory Kulkaev (scientific supervisor Oleg Kichigin), the second by Alexey Melnik (scientific supervisor Alexander Babkin), and the third by Maria Rodionova (scientific supervisor Tatyana Kudryavtseva).

    “At the very beginning of their journey, all young scientists go through postgraduate studies,” noted Yuri Fomin. “That is why it was important for us to launch this competition, to emphasize the role of postgraduate students and their scientific supervisors, and we hope that the new tradition will be supported and gain momentum.”

    Also, together with the Head of the Public Relations Department Marianna Dyakova, Yuri Fomin awarded the Polytechnic scientists who demonstrated maximum media activity in 2024. These are researchers and experts who gave comments in federal and regional media, actively collaborated with journalists in preparing materials.

    Marianna Dyakova thanked those who regularly appear on the Polytechnic’s media resources and help with the preparation of materials in the media: Thank you for creating the image of our university, its reputation. We understand that it is difficult to distract scientists from their scientific work, but this is also important work for the university, and we really appreciate those who find time for it.

    Among those awarded were: Head of the Laboratory of Lightweight Materials and Structures Oleg Panchenko, Director of the Scientific and Educational Center (SEC) “Mechanical Engineering Technologies and Materials” Pavel Novikov, Director of the SEC “Nanotechnologies and Coatings” Alexander Semencha, Head of the Scientific Research Laboratory (SRL) for the Analysis of Biomedical Images and Data Ekaterina Pchitskaya, Head of the Laboratory nano- and microencapsulation of biologically active substances Alexander Timin, research fellow at the Nanobiotechnology Research Complex Natalia Morozova, head of the Food Quality Control Laboratory Maria Kireeva, head of the System Dynamics Research Laboratory Angi Skhvediani, head of the General and Analytical Chemistry Laboratory Evgenia Pochkaeva.

    In honor of Russian Science Day, the university also thanked journalists who regularly cover the Polytechnic University’s scientific activities in the media. As Marianna Dyakova emphasized, the media always show great interest in SPbPU, and the university is grateful to many of them for their attention. And Russian Science Day is a good reason to thank the most active information partners: producer of the Directorate of Socially Significant Thematic Programs and Special Projects of the Saint Petersburg TV Channel Natalia Lomonosova, senior correspondent of Rossiyskaya Gazeta Marina Ledyaeva, special correspondent of the TASS news agency Sergei Rybakov.

    On the eve of Science Day, representatives of the Student Scientific Society also made a presentation about their activities at the Polytechnic University. The head of the organization, Mikhail Udovichenko, told which institutes the SSS is actively working in and where it is not yet, and called on students to take advantage of the opportunities provided by the association, attend events and propose ideas. Viktor Klinkov, head of the educational laboratory of applied chemistry and candidate of physical and mathematical sciences, told students about his experience and path to science. And Angelika Gerner, head of the youth scientific competitions sector of the Office for Support of Scientific Projects and Programs, and Ekaterina Linnik, director of the Center for Scientific Publications, told students about the available opportunities for participating in competitions, receiving grants, and writing scientific articles.

    Photo archive

    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 –

  • MIL-OSI United Kingdom: Live Here Love Here award for Dromore environmental group

    Source: Northern Ireland City of Armagh

    Liz Burke-Jones from Higher Ground Community Gardening Group, Julie Reynolds from Higher Ground Community Gardening Group, Lord Mayor of ABC Borough, Cllr Sarah Duffy, Lynda Surgenor, Live Here Love Here Manager, Deirdre Shannon from Higher Ground Community Gardening Group, and Brian Shannon from Higher Ground Community Gardening Group.

    Dromore’s Higher Ground Community Gardening Group were crowned the ABC Borough Regional Champions at last week’s Live Here Love Here Community Awards.

    Live Here Love Here, a people-powered campaign dedicated to improving the local environment and fostering civic pride, revealed the winners of its 2025 Community Awards at Belfast City Hall on Thursday, February 6.

    The event hosted by TV presenter Joe Mahon, brought together over 150 guests – including DAERA Minister Andrew Muir, local leaders, environmental advocates and volunteers – to honour the outstanding contributions of voluntary community groups across Northern Ireland working to improve the environment and promote civic pride.

    Sponsored by Power NI and supported by the Department of Agriculture, Environment and Rural Affairs (DAERA), nine local councils, and the Housing Executive, the awards serve as a vital platform for recognising the power of collective action in tackling community environmental challenges such as dog fouling, littering, biodiversity loss, transformation of neglected spaces, and environmental education.

    On the night, 12 awards were presented to celebrate the achievements of local community groups, including the Regional Champions Awards, which honoured volunteers from Live Here Love Here’s nine partner council areas.

    Dromore’s Higher Ground Community Gardening Group received Armagh, Banbridge and Craigavon Borough Council’s Regional Champions Award for its work in organising litter picks, revitalising neglected spaces, and planting around the area to enhance its appearance which in turn has fostered civic pride and created momentum for ongoing improvements.

    Tidy Banbridge was also recognised as runners-up in this category for its environmental efforts, which include litter picks and forming community partnerships, with a focus on supporting local youth groups and revitalising neglected flower patches.

    Lord Mayor of ABC Borough, Cllr Sarah Duffy explained how the volunteers in Dromore and Banbridge are leading by example. She said, “I would like to congratulate Dromore’s Higher Ground Community Gardening Group for their Regional Champions Award and also congratulate Tidy Banbridge who were runners-up. As well as the practical improvements they are making, these volunteers are inspiring more people to take care of the environment and developing a sense of pride in their communities, which is great to see.”

    Lynda Surgenor, Live Here Love Here Manager, said, “The Community Awards resonate because they celebrate the unsung heroes in our communities who are driving real environmental change through volunteer work. This year, the theme ‘Community Connections’ made it even more special as we honoured groups that demonstrate the power of collective action. Whether it’s transforming vacant land into thriving green spaces or mobilising locals to restore and protect local waterways, these groups are proving that no action is too small to make a difference. We’re reminded that, together, we can build a cleaner, greener, and more connected Northern Ireland.”

    She added, “We also want to thank DAERA, Power NI, the Northern Ireland Housing Executive, Keep Northern Ireland Beautiful, and our nine council partners for their continued support, which ensures the ongoing success of Live Here Love Here.”

    For more information on the Live Here Love Here campaign and the Community Awards, visit liveherelovehere.org.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Spectra 2025 draws thousands to city centre

    Source: Scotland – City of Aberdeen

    A giant slinky, an inflatable castle, a huge neon colouring wall and a high-powered light beam sharing a morse code message with the universe, were just some of the illuminated exhibits on display as thousands of visitors from across Scotland and the UK took to the streets of Aberdeen to experience Spectra, Scotland’s Festival of Light.

    Over 100,000 visits were recorded across the four-day free-to-attend event, which ran from Thursday 6 to Sunday 9 February. Featuring 15 artworks from artists from both the UK and Australia, as well as an assortment of entertainment from street performers to dancers, and musicians, this year’s event marked the festival’s 11th year of lighting up the city.

    Councillor Martin Greig, cultural spokesperson for Aberdeen City Council, said: “Spectra offers an unrivalled cultural feast f light installations and entertainment. It’s great that thousands came out in such numbers to enjoy the festival. It has been a wonderful opportunity for people in the city to get together and make Spectra 2025 such a success. Many visitors have come to our wonderful city to experience the amazing images and sounds. I would like to thank the brilliantly talented artists who have created these inspiring artworks.

    “Our production team, Live Event Management, deserve sincere thanks for their splendid work to make this festival happen. We are all grateful for the very generous sponsorship from Burness Paull, Vattenfall, First Aberdeen, Aberdeen Inspired and EventScotland. Their funding support has made a huge difference and is much appreciated.

    “The festival theme of Journeys was especially appropriate as the city gets ready to host the Tall Ships Races in a few months time. This will be another opportunity to keep our profile up. A majestic fleet of ships will return for the first time in almost 30 years. This is going to be a very exciting time for the Granite City as it hosts another major free celebration for residents and visitors to enjoy together.”

    Fiona Doherty, an Aberdonian who now lives in Livingston, attended the festival for the first time after winning a social media competition. She visited on Sunday with her husband and two-year little girl.

    She said: “It’s been amazing to visit Spectra. I’m originally from Aberdeen but previously never visited the festival so it was great to have the opportunity to finally attend with my daughter after winning the competition!

    It’s been lovely to travel up from Livingston for the night. Taking the train made for a really easy and stress-free trip, with my little girl enjoying the views along the way as well as the lights and atmosphere of Spectra. We’ll definitely visit again in the future!”

    Scott Morrice is from Aberdeen and is a regular visitor to Spectra. He said: “Spectra is such a wonderful spectacle for the city. I come every year and it’s really great to see so many people out and about at a time when the city centre might need a bit of a boost.”

    Highlights of the festival included a 50m long multi-sensory walkway by Kent-based Lucid Creates, which explored the contrast between light and dark using strobes of light, the heartbeats of over 65 Aberdonians, a sprawling illuminated fungal network and a virtual exhibition by artist Craig Barrowman and local artists in partnership with Look Again at RGU’s Gray’s School of Art.

    A specially commissioned art piece by Aberdeen Art Gallery and Scottish artist, Council Baby, took pride of place in the Gallery’s magnificent Sculpture Court area which saw a large-scale video installation projection comprising of four striking stained-glass designs inspired by works in the city’s collection and visits to the area, with each animated panel capturing different aspects of Aberdeen’s rich history. The piece will continue to feature at the gallery as part of its permanent collection.

    The iconic ABERDEEN letters by Aberdeen Inspired also featured a special design for the occasion outside Marischal College. The letters will now return to their usual position in Union Terrace Gardens.

    Eventgoers are being invited to share their thoughts and feedback on Spectra by completing the visitor survey. 

    MIL OSI United Kingdom –

  • MIL-OSI: LEAP 2025 Opens with Announcement of Record-breaking US$14.9 Billion Investment in Artificial Intelligence

    Source: GlobeNewswire (MIL-OSI)

    • World’s premier tech accelerator event smashes own record, revealing investment deals and infrastructure partnerships by domestic and international heavyweights

    RIYADH, Kingdom of Saudi Arabia, Feb. 10, 2025 (GLOBE NEWSWIRE) — LEAP 2025, Saudi Arabia’s award-winning global tech event, announced a record-breaking US$14.9 billion in new Artificial Intelligence (AI) investments that further cement the Kingdom’s status as a world-leading AI hub.

    Revealed on the opening day of this year’s four-day event, which is being held at the Riyadh International Exhibition and Convention Centre in Malham, the new announcements increase the total amount of technology-related infrastructure investments in Saudi Arabia to more than US$42.4bn since LEAP debuted in 2022.

    The new investments in the Kingdom included an announcement between Groq and Aramco Digital confirming a US$1.5bn plan to expand AI-powered inference infrastructure and cloud computing; ALAT and Lenovo committing US$2bn to establish an advanced manufacturing and technology centre integrating AI and robotics; Google introducing new AI-driven digital infrastructure and the launch of a powerful computing cluster to meet regional and global demand; Qualcomm confirming the availability of its ALLAM language model on Qualcomm AI Cloud; and Alibaba Cloud launching the AI Enablement Programme comprising collaborations with Tuwaiq Academy and STC Academy to train national talent.

    Other announcements included Databricks investing US$300 million in integrated PaaS (Platform as a Service) solutions to empower application developers with cutting-edge AI tools; SambaNova committing US$140m to build advanced AI infrastructure; Global private equity firm KKR, in partnership with Gulf Data Hub, revealing a strategic investment in the development of data centres with a total capacity of up to 300 megawatts; Saudi Arabia’s Salesforce investing US$500m to develop Hyperforce and enhance cloud capabilities for regional customers; and Tencent Cloud allocating US$150m to establish the Middle East’s first AI-powered cloud region.

    Delivering a keynote address to formally open LEAP 2025, His Excellency Eng Abdullah Alswaha, the Saudi Minister of Communications and Information Technology (MCIT), insisted the new wave of investments brings one step closer His Royal Highness Crown Prince Mohammed bin Salman’s vision of the Kingdom’s tech sector becoming a global beacon for innovation and advancement.

    “LEAP 2025 is a defining moment because when the Kingdom works, the region works, and the whole world works,” said Alswaha. “LEAP has evolved from a movement to a multiplier effect – but now is our defining moment. Technology has catalysed Saudi Arabia as the biggest success story in youth and female empowerment in the 21st Century, and we are laser-focused on continuing that success story. The intelligence age is here and, in partnership with you, we are going to take that leap together.”

    Michael Champion, CEO of Tahaluf, which co-organises LEAP with the Saudi Ministry for Communications and Information Technology (MCIT) and the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP), added: “The massive volume of new investments announced on day one builds on the progress made at LEAP and across the Kingdom in previous years, reaffirming Saudi Arabia’s undisputed status as the primary digital accelerator in the Middle East and North Africa.”

    IBM’s Arvind Kirshna Predicts Quantum Computing Breakthrough now only “Three to Five Years Away”

    Eleven months after announcing IBM’s plans to invest US$250 million into a global software development centre in the Kingdom, Arvind Krishna, Chairman & CEO of IBM, joined HE Alswaha on the LEAP Main Stage to discuss his experiences identifying “early signals” to stay ahead of emerging industry trends.

    The trend that dominated the duo’s conversation was quantum computing – a type of computing that uses the principles of quantum mechanics to solve problems that would take classical computers millions of years to complete – with Kirishna adamant the technology is getting ever closer.

    “A breakthrough I think is only about three-to-five years in the future is quantum computing – I think we will see something amazing,” said Krishna. “We’re very excited to already be working on it with some partners in the Kingdom, but I believe quantum computing will open up areas that, for the Kingdom, will be very exciting. It will all be about materials, energy, oil and gas, possibly pharmaceuticals – all areas that are critical to the Kingdom and very much part of Vision 2030.”

    From Virtual Boxing to Futuristic Couture, Inaugural Tech Arena Opens Window to the Future

    LEAP’s newly-added Tech Arena kicked off with a series of future-focused, interactive sessions highlighting some of the latest technological advancements shaping the technology of tomorrow.
    With groundbreaking prototypes in robotics, AI, fashion tech, and mixed reality all being explored, live demonstrations were conducted by global tech influencers alongside BBC Click presenters Lara Lewington and Spencer Kelly.

    US-based Engine VR showcased Golden Gloves VR, a platform that uses virtual reality technology to provide an immersive, gamified boxing experience for fitness enthusiasts, professional athletes, and entertainment seekers.

    With professional boxer David Perez delivering a live demonstration to watching crowds, Aaron Sloan, the platform’s Founder, said: “ I used to work as a cardiac nurse, but the only two things I ever really cared about were boxing and technology. So, I quit my nursing job and opened up my own boxing gym; it burned down within a month. It made me realise that building a business in a brick-and-mortar facility was going to be really hard. It just so happened that, around this time, the Quest One headset came out. Not only was it powerful, it was also wireless, which is so crucial for our system to work,” said Sloan.

    “In order for us to get the traction we needed, we had to replicate as best we could what trainers and boxers were doing in the gym. After a number of different variations, we now have a platform that is being used by sporting bodies across the world, including the Olympics. The system also allows people of determination to take part, making the sport far more inclusive.”

    Elsewhere, TJ Rhodes, the Senior Research Scientist and Engineer on Adobe’s Project Primrose, talked audiences through the Middle East debut of its latest wearable technology. First premiered at Adobe Max in 2023, the Project Primrose dress uses non-emissive textiles and can change the way we merge fashion and technology.

    “It has so many use cases beyond the catwalk; it can be a canvas for new designs or even a low-power billboard that can flash text-based advertisements,” said Rhodes. “It is also a non-emissive material that can be cut to any shape and dynamically diffuses light. Most special effects can only be experienced on the big screen, but what Project Primrose allows us to do is transform it from the big screen to reality. Imagine if Elsa from Frozen was able to transform her dress to match her actions in a live performance. We’re still discovering the possibilities of what this technology can do.”

    More than 1,800 tech brands and 680 start-ups are exhibiting at LEAP 2025 this week, alongside a stellar lineup of 1,000-plus expert speakers across 15 stages, highlighting the tech that is shaping tomorrow.

    For more information on the event and ticket options, visit onegiantleap.com

    About LEAP:

    Saudi Arabia’s desire to shoot for something beyond the realms of the possible presents the ultimate backdrop for LEAP.

    LEAP showcases the Kingdom’s technology ambition on a global stage as it continues to grow as a hub connecting three continents. The figures speak from themselves as LEAP 2024 had an attendance of over 215,000, making it the most attended tech event in the world. LEAP features the inspiring tech of tomorrow across all major sectors including health, finance, energy, education, digital entertainment, transport, smart cities and more. The event is also led by a speaker faculty of globally celebrated technology innovators, focussing on the most innovative tech case studies from around the world.

    LEAP is not like any other tech event, from the ground up the community, stakeholders and project team are challenged every day to do something wildly creative and bold, something that reflects the seismic advances in tech adoption being seen in Saudi Arabia.

    About Tahaluf:

    Headquartered in Riyadh, Tahaluf brings together strategically important commercial communities from the Kingdom of Saudi Arabia, the wider Gulf region, and from around the world to a portfolio of world-class exhibitions and digital platforms.

    Tahaluf is a joint venture partnership between Informa PLC, the world’s largest trade show organiser, the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), and Events Investment Fund (EIF). Sela, the Saudi-owned event production company renowned for its creation of spectacular event experiences, intends to join the joint venture in the near future.

    In 2024 Tahaluf was responsible for the award-winning tech events LEAP & DeepFest, as well as 24 Fintech, the Global Health Exhibition, Cityscape Global, Black Hat MEA and CPHI.

    For more information about Tahaluf, visit https://tahaluf.com

    Contact:
    pragati.m@actionprgroup.com

    A photo accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/5fa649e4-de08-4d36-ac05-cacaaa343ac7
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d0034895-f10e-4f41-af0e-31a59b2c65d3
    https://www.globenewswire.com/NewsRoom/AttachmentNg/6a4c9a61-18b0-4288-9f32-90fe4ad7748e
    https://www.globenewswire.com/NewsRoom/AttachmentNg/5351de8d-badd-4734-bf1a-4899d40bc9b4
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ed8cddb-dc15-49e4-ae15-0514eb166f91

    The MIL Network –

  • MIL-OSI China: Sales push as brands brace for tough 2025

    Source: China State Council Information Office

    Right after the Spring Festival holiday, automobile markets in China have become hectic, touting new features, offering discounts and even appearing in movies to woo potential car buyers.

    Tesla announced on Wednesday, the first working day after the weeklong holiday, a time-limited discount of up to 8,000 yuan ($1,098) on its Model 3. On the same day, Xpeng unveiled five-year installment and interest-free loan offers.

    But at the head of the pack was Nio, whose offer — which includes interest-free five-year loan plans — came days before the Spring Festival holiday ended.

    Meanwhile, Great Wall Motor’s Tank, BAIC’s Arcfox and Dongfeng’s off-road brand Mengshi have either starred in Chinese New Year blockbusters including Ne Zha 2 or partnered with their producers in publicity campaigns.

    Behind the diverse tactics is the same sense of urgency: after a brutal 2024 they believe the vehicle market this year will be more cruel, despite the China Association of Automobile Manufacturers expecting the overall market size to go up 4.7 percent to 32.9 million units.

    The elimination phase has begun and many of the car manufacturers are struggling to “beat the count”, said analysts from consulting firm McKinsey in a report released on Thursday.

    “Those which cannot come up with decent electric vehicles in one or two years, and those which are deep in the red but cannot offer a convincing strategy to go green, will be forced to leave the race,” they said.

    In the bigger picture, Chinese brands, whose rise is the defining feature of the current market landscape, are relatively safe.

    Over the past five years, the number of Chinese car brands selling more than 600,000 vehicles annually jumped from 11 in 2020 to 13 in 2024, signaling a dramatic shift toward greater market concentration.

    More tellingly, for the first time, Chinese brands have broken into the ranks of those with sales exceeding 1.2 million units annually — a mark that was once the exclusive domain of foreign brands.

    In January, seven out of the 10 bestselling carmakers in the country were Chinese; Geely topped the chart, followed by BYD and Changan.

    These domestic brands have not only capitalized on China’s rapid push toward NEVs but positioned themselves as leaders in the transition to intelligent mobility.

    However, smaller Chinese brands, especially startups, are yet to gain a firm foothold. There are currently 37 active NEV brands in China. Of them, 12 are independent startups and the rest, such as Zeekr, Voyah and Avatr, are offshoots of larger traditional manufacturers.

    Now at least five of the NEV brands have become profitable. Those who cannot go green in the next 12 to 18 months, or at least come up with a feasible plan, may trigger speculation, said McKinsey.

    This is particularly true after Jidu, a partnership between Geely and Baidu, and Neta got into financial trouble in late 2024, leaving car owners and even employees nowhere to resort to.

    For foreign carmakers, the picture is far from rosy. Once the undisputed leaders of China’s car market, their position is becoming precarious.

    A combination of technology lag, reduced brand loyalty and aggressive pricing strategies from domestic players has eroded their dominance, according to McKinsey.

    It projects the market share of foreign carmakers, which once commanded over half of all car sales in China, to fall to just 30 percent by the end of this year from 40 percent now.

    The decline is a direct result of the seismic shift toward electric vehicles and smart driving technology — areas where many foreign brands have struggled to keep pace.

    The profit margins of joint-venture carmakers have taken a significant hit. McKinsey’s analysis reveals that, from 2017 to 2023, the profits of the top 10 leading Chinese joint-venture companies dropped by 34 percent in the country.

    For many foreign brands, the situation is compounded by a weakening consumer base, especially as new domestic models with cutting-edge features flood the market.

    Some foreign companies, such as Volkswagen and its premium Audi brand, have responded by forming strategic partnerships with Chinese manufacturers, seeking to import Chinese technological innovations into their own models.

    However, these collaborations, though beneficial in the short term, are unlikely to be a silver bullet, said McKinsey analysts.

    They said the strategy may help bridge the gap in the short term, but it does little to address the core issue: foreign brands are increasingly irrelevant to a generation of Chinese consumers that are growing more attached to homegrown offerings.

    New tech prospects

    Looking to the future, the next frontier in China’s automotive revolution is clear: intelligent driving and smart in-car experiences.

    In 2024, intelligent driving technologies — once seen as futuristic — have become mainstream, with major manufacturers offering vehicles equipped with features that can drive themselves on highways and in cities.

    The market for intelligent driving technology is growing at a blistering pace, and consumers are increasingly embracing these innovations.

    A McKinsey poll shows that 76 percent of respondents tried smart driving in 2024, up from 65 percent in 2023.

    Despite the rising consumer interest, however, McKinsey cautions that the industry faces challenges.

    While intelligent driving technologies are rapidly improving, they have yet to find a sustainable business model.

    The growing trend of “free” software upgrades, for example, has left carmakers struggling to monetize these features.

    More promising is the rise of the “smart cockpit”, where cars transform from mere transportation tools into living rooms.

    As intelligent driving systems become standard, the focus is shifting to in-car experiences, with carmakers investing heavily in creating more personalized, intuitive environments for consumers, said McKinsey.

    MIL OSI China News –

  • MIL-OSI Australia: Charges – Property offences and Indecent assault – Lyons

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has charged a 17-year-old male following a series of property offences and indecent incidents in Lyons last week.

    Between 3 and 6 February, it was observed through CCTV that the 17-year-old allegedly entered a residence on seven different occasions, stealing alcohol and personal items, and indecently exposing himself on several occasions.

    On 6 February, an adult resident allegedly witnessed the male and intervened before he fled the scene.

    On 8 February, about 8:30pm, Strike Force Trident Detectives attended the victim’s residence to progress their investigation, when the Detectives were notified of an alleged indecent touching incident that had only just occurred, on a female who was exercising in Lyons.

    Trident Detectives swiftly located and arrested the 17-year-old male and he was subsequently charged with:

    •          7 x Trespass

    •          2 x Aggravated burglary

    •          4 x Theft

    •          2 x Indecent exposure

    •          Damage to property

    •          Indecent touching

    •          Breach bail

    He was remanded over the weekend and will appear in court today.

    Detective Acting Senior Sergeant Chris Humphries said “I commend the efforts of my Detectives for their swift response and comprehensive investigation into these incidents.

    “This behaviour will not be tolerated and police will continue to put serious offenders before the courts.”

    MIL OSI News –

  • MIL-OSI China: Singing in a new year of musical exploration

    Source: China State Council Information Office 3

    This photo taken from Jingshan Park on Aug. 12, 2024 shows the National Centre for the Performing Arts on a sunny day in Beijing, capital of China. (Xinhua/Li Xin)

    As the new year unfolds, the China NCPA Chorus, the resident chorus of the National Centre for the Performing Arts, is set to embark on an exciting journey with a fresh, diverse season of offerings.

    Based on the core theme of “Unbounded”, the 2025 season will push the boundaries of choral art by blending classical traditions with modern interpretations and global influences, says Zhang Yao, vice-president of the NCPA.

    This includes an array of choral music, operas, symphonic choral works and concerts in approximately 30 performances running throughout the year.

    To celebrate the 55th anniversary of the establishment of diplomatic ties between China and Italy in 2025, the new season will explore Italian opera and folk music, blending multimedia and stage design to bring these genres to life in fresh and exciting ways under the leadership of the NCPA’s music director, Lyu Jia.

    More concerts are planned to bring the world’s musical treasures to the stage, demonstrating how choral art can break boundaries and experiment with new forms. For example, World Music Tour, China NCPA Chorus: World Famous Songs Concert, conducted by Jiao Miao, will feature famous songs from around the world, including Mexican dance music, New Zealand folk music, and French love songs. The chorus will explore ways to merge vocals with musical instruments, including the free, vigorous rhythms of Africa and South America.

    Choral Theater, a special themed series combining theater with sound, will invite audiences into the stories to experience emotional rhythms.

    The Merriment Adventure, a concert version of the operas The Merry Widow, a comic operetta in three acts by Hungarian composer Franz Lehar, and Die Fledermaus, an operetta by Austrian composer Johann Strauss II, will present the comedic characteristics of operetta through bright, lively rhythms and lighthearted, humorous content, bringing delight to the audience through the twists and turns of the plot.

    “Fifteen years ago, a group of passionate voices came together to found the China NCPA Chorus, and today, it has become a beloved pillar of the arts community in the country,” says resident conductor Jiao, who has been with the chorus since its inception. “We’ve built a large fan base over the past 15 years, and with this new Choral Theater series, we want to find a way to be innovative with contemporary Chinese choral art by telling stories with sound and cross-border collaborations.”

    Jiao adds that to appeal to younger audiences, the new series will also include Cinderella, a concert based on the classic fairy tale, and The Tale of Fuxi and Nyuwa, a concert themed around the snake zodiac sign from classical Chinese mythology. These performances will help educate Chinese culture to children through music and audiovisual experiences.

    The symphonic choral section will highlight some of the most beautiful pieces in the choral repertoire. Conducted by Li Xincao, the chorus will present a powerful rendition of the Yellow River Cantata in commemoration of the 120th anniversary of composer Xian Xinghai. It will also present Carmina Burana, a cantata for orchestra, chorus, and vocal soloists by the German composer Carl Orff, which is famous for its grandeur, in collaboration with the China Philharmonic Orchestra and conductor Yu Long.

    As a versatile ensemble, the China NCPA Chorus will also take on four major opera productions in the first half of the season — the Chinese operas The Long March and Minning Town, and Verdi’s La Traviata and Il Trovatore.

    “The full version of the Yellow River Cantata, in particular, impressed me deeply. It felt like every note told the heroic story of the Chinese people. Over time, I followed the chorus’ performances, and in 2023, when they toured Shenzhen, Guangdong province, where I live, I attended the concert. I traveled to Beijing last year for their 15th anniversary concert, which remains a great memory,” says Xing Jiachuan, a concertgoer who became a fan after watching the chorus’ performances on the NCPA’s online channel.

    Famous dramatist and poet Zou Jingzhi has worked closely with the chorus. “I collaborated with the chorus on the opera Xi Shi, which I composed in 2010. Hearing them for the first time, I was deeply moved by their youthful, passionate and powerful voices. I could feel the singers’ overflowing passion for choral art,” he says.

    Zou has worked with the chorus on other operas, such as The Chinese Orphan (2011) and The Long March (2016). “Their enthusiasm is infectious, and the energy they bring to the stage is unparalleled,” he adds.

    MIL OSI China News –