NewzIntel.com

Category: European Union

  • MIL-OSI: INVL Technology Interim unaudited information for 9 months of 2024

    Source: GlobeNewswire (MIL-OSI)

    Equity of the Company and the Company’s net asset value as of 30 September 2024 was EUR 44.44 million or EUR 3.71 per share. At the end of 2023, these figures were EUR 43.53 million and EUR 3.61 respectively.

    Investments of the Company into managed companies amounted to EUR 44.83 million at the end of September 2024 and EUR 34.20 million at the end of September 2023.

    The net profit of the Company for 9 months of 2024 was EUR 1.11 million, the net loss of the Company for 9 months of 2023 amounted EUR 538 thousand.

    Additional information:

    INVL Technology, a company that invests in IT businesses, had an equity and a net asset value of EUR 44.44 million at the end of September this year, which is 2.1% more than at the start of the year. Their per share value of its equity and NAV was EUR 3.7067 and was up 2.8% from the start of the year.

    INVL Technology had an unaudited net profit of EUR 1.11 million in nine months of 2024, compared to a loss of EUR 0.538 million in the same period last year.

    “INVL Technology’s portfolio companies, which work in the areas of cybersecurity, artificial intelligence, and the development and deployment of supercomputers and information systems, are growing their revenues and profit. In selling the business, we hope to attract the interest of international and regional investors,” says Kazimieras Tonkūnas, INVL Technology’s managing partner.

    In mid-March this year, the company announced that it had signed an agreement with the Zurich branch of M&A intermediation service provider Corum Group’s Luxembourg-based unit Corum Group International, to advise and serve as M&A intermediary on the sale of the company’s portfolio of businesses.

    Performance of INVL Technology’s portfolio companies

    INVL Technology’s portfolio companies had aggregated revenues of EUR 47.60 million in the January-September, which is 12.5% more than in the same period last year. Their gross profit increased 14.5% in the same period of comparison to EUR 13.22 million, while their aggregated EBITDA grew 2.2 times larger to EUR 3.45 million.

    INVL Technology owns and manages the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.

    NRD Cyber Security, which also owns NRD Bangladesh, in January-September of 2024 increased its consolidated revenue by 26.74% from the same period last year to EUR 5.853 million. The company’s gross profit grew 14.9% in the period of comparison to EUR 3 million, while its EBITDA rose 28.9% to EUR 941,000.

    NRD Companies had consolidated revenue of EUR 6.88 million in the first nine months of this year, which is 17.9% less than in the same period of 2023. The company earned a gross profit of EUR 3.3 million, or 9.3% more than in January-September last year, while the group’s EBITDA decreased by 2.1% to EUR 0.69 million. Norway-based NRD Companies has the subsidiaries Norway Registers Development in Norway, with a branch in Lithuania, and NRD Systems and Etronika in Lithuania.

    Novian had aggregated revenues of EUR 31.54 million in January-September 2024, 18.6% more than in the same period of 2023, while its gross profit of EUR 6.12 million was 24.2% larger than a year earlier. The Novian group’s EBITDA for the first three quarters of this year increased 6.7 times versus the same period of 2023 to EUR 1.799 million. The group consists of Novian in Lithuania with the technology-area businesses Novian Technologies, Zissor in Norway, Novian Eesti in Estonia, Andmevara in Moldova, and Novian Rwanda (earlier Norway Registers Development Rwanda) in Rwanda, and the software services businesses Novian Systems and Novian Pro in Lithuania.

    INVL Technology’s managing partner Kazimieras Tonkūnas notes that the companies are expected to deliver good results for the full year 2024 as well.

    INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company which must exit its investments no later than mid-July 2026 and distribute the money to shareholders.

    The person authorized to provide additional information:
    Kazimieras Tonkūnas
    INVL Technology Managing Partner
    E-mail k.tonkunas@invltechnology.lt

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: City Centre Remembrance commemorations announced

    Source: City of Derby

    Preparations are well underway for this year’s Remembrance commemorations.

    The city’s Annual Remembrance Sunday Service and Parade will return on Sunday 10 November, with troops from the Royal Electrical and Mechanical Engineers 148 Divisional Support Company, as well as members of local veteran and youth organisations, parading through the city centre onto the Market Place.

    A short service, led by The Very Revd Dr Peter Robinson, Dean of Derby, is scheduled for 11am, during which a two-minute silence will be observed. Following this, wreaths will be laid at the War Memorial.

    For the first time this year, Surtal Arts Community Choir, a Derby-based South Asian performing arts organsation, will be performing on the Market Place at around 10:15am, before the arrival of the Parade. 

    Members of the public are invited to observe the proceedings and pay their respects. There will be dedicated public viewing areas on the Market Place and the ceremony will be streamed onto a large screen. 

    Those who are unable to travel into the city centre can also watch the parade and service live on the Council’s YouTube channel.

    Citizens will also have a chance to pay tribute to those who lost their lives during a short service held at the War Memorial at 11am on Armistice Day (Monday 11 November).

    Councillor Nadine Peatfield, Leader of the Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy said:

    “Remembrance is an incredibly important event within the Civic calendar and I’m very proud that partners from across the city are once again working together to host city centre events on both Remembrance Sunday and Armistice Day.

    “Remembrance is not only about remembering British soldiers who were involved in the World Wars and subsequent conflicts, but the sacrifice of those from across the Commonwealth. It’s fantastic that we’re able to highlight the contribution made by South Asian nations through a performance by the Surtal Arts Community Choir before this year’s parade.

    “I encourage as many citizens as possible to take part in and observe this year’s commemorations.”

    To protect members of the public and parade participants, there will be road closures on Sunday 10 November, from 8am until 1pm:

    • Sowter Road from its junction with St Michael’s Lane
    • The junction of Queen Street and Full Street
    • Derwent Street
    • Corporation Street and Tenant Street
    • St James Street, Corn Market and Iron Gate (from its junction with Sadler Gate)

    Several parking restrictions will also be in place:

    • The Council House car park will be closed to members of the public from 6.00pm on Saturday 9 November until 2pm on Sunday 10 November.
    • On-street parking will be suspended on Full Street and Tenant Street from 7pm on Saturday 9 November to 1pm on Sunday 10 November.
    • The on-street parking bays on Derwent Street will be reserved for Blue Badge parking on Sunday 10 November.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Cinema Park “Moskino” invites you to a historical program in honor of National Unity Day

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On November 3 and 4, the Moskino Cinema Park will present a large-scale historical reconstruction for National Unity Day. The holiday is dedicated to an important event in Russian history that united the country — the liberation of Moscow from Polish-Lithuanian occupation in 1612. City residents and tourists will be able to travel back to those times, get acquainted with the daily life of the residents and see how the militia of Kuzma Minin and Dmitry Pozharsky defeats the invaders in a decisive battle.

    “150 reenactors from Moscow, Vologda, Nizhny Novgorod, Tolyatti and Kaluga will take part in recreating the atmosphere and events of the 17th century. Visitors will be treated to more than 60 historical shows, master classes, lectures, concerts and performances,” she said.

    Natalia Sergunina, Deputy Mayor of Moscow.

    The main part of the program will take place in the Cathedral Square decorations. At 11:00 on November 3 and 4, guests are invited to watch the troop parade, at 12:00 — the performance of horsemen, at 13:00 — maneuvers and drill training of riflemen and pikemen. The largest will be the reconstruction of the decisive battle of the second people’s militia led by Prince Dmitry Pozharsky with the Polish-Lithuanian army, the victory in which helped lead the country out of the Time of Troubles. The event will begin at 17:00.

    Craft classes and interactive activities will be held from 10:00 to 18:00. The territory will house a camp, command headquarters, folk theater, archery range, as well as mints and printing houses. Craftsmen will offer to master the art of blacksmithing and pottery, calligraphy, practice throwing a lasso and pikemanship. Also planned are performances by artists of the court and puppet theaters, lectures on musical instruments of those times and old Russian games.

    Tours of exhibitions of national costumes, military equipment and the everyday life of Muscovites in the 17th century will help you to immerse yourself in the atmosphere of the era.

    On the Gonzaga Theatre site, folk music and dance groups will perform at 12:00 on the weekend. On Sunday at 17:00, there will be a meeting with producer and director Eduard Boyakov. In December, he will organize a multimedia show in the cinema park, the plot of which is connected with the events of the Time of Troubles.

    On November 3 and 4, the Uyezdny Gorod set will host an immersive performance based on the novel by Ilya Ilf and Yevgeny Petrov, The Twelve Chairs. In addition, at various venues, those wishing to do so will be able to take part in filming scenes based on cult films such as The Man from Boulevard des Capucines and Buratino, as well as take photos as the characters from the films.

    Additional information and conditions of visit are published on the websitecinema park “Moskino”.

    How to get there, where to buy a ticket and what to take with you: instructions for guests of the Moskino cinema park

    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.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145912073/

    MIL OSI Russia News –

  • MIL-OSI New Zealand: | EIT Hawke’s Bay and Tairāwhiti

    Source: Eastern Institute of Technology – Tairāwhiti

    3 mins ago

    EIT’s School of Health and Sport Science is focused on accelerating health outcomes for the community, with lecturers conducting meaningful local research.

    Accelerating health outcomes in the community is a focus for EIT’s School of Health and Sport Science, with lecturers conducting meaningful local research.

    Dr Helen Ryan-Stewart, EIT’s Executive Dean, Education, Humanities and Health Science and until recently the acting Head of the School of Health and Sport Science, says like many tertiary institutions, research is important to EIT. Research helps lecturers stay up-to-date on the latest developments in their field, ensuring they provide students with the most current and relevant knowledge. It can also provide an important community link to address local challenges.

    Helen’s role as the Head of School has been taken by Dr Andrew Garrett, who comes to EIT with a research pedigree, having been Sport, Health and Exercise Science Programme Director and Graduate Research Director at the University of Hull in the United Kingdom.

    Andrew’s main area of research expertise is the markers of fatigue in temperature regulation during exercise in the time of climate change and he was an Associate Member of the Hull York Medical School (HYMS). His PhD work was funded by the Australian Military based at the University of Otago in New Zealand (Induction and decay of heat acclimation) and in collaboration with the Otago Medical School. His current research interest focuses on practical methods for the prevention of heat injury in older populations.

    Helen says that research will continue to be an important part of the School. At present the School has a combined research committee with the School of Nursing, which has resulted in health being a focus for research.

    “The research we do has a health science focus and anything that we were going to do would be aimed at accelerating health outcomes in our community.”

    A significant project which is having an impact on the Hawke’s Bay community is research that is addressing the epidemic of youth vaping among intermediate and high school students.

    The project has been led by  Associate Professor Anita Jagroop-Dearing and was funded by Health Research Foundation Hawke’s Bay and EIT. It also received a funding boost from Health Research Council (HRC) of New Zealand. The initial project was  entitled Actions to Vaporise Rangatahi Vaping in Te Matau-a-Māui. Recently the project was extended outside the region following interest from a Bay of Plenty High School.

    A project in the early stages of development, is being conducted by researcher and lecturer Dr Patrick Lander. It looks at green spaces in urban areas and how people use those for well-being and health.

    Helen says that while the School has a strategy around health research, there are also researchers who focus on sport and exercise. Working in this field is Mike Schofield, a lecturer in strength and conditioning, who is the coach of New Zealand shot-putter Maddison-Lee Wesche, who won a silver medal at the Olympic Games earlier this year.

    Mike’s area of research is biomechanics and it is about evolving a technical model from a theoretical basis. His research is aimed at allowing top-level athletes to reach their full potential.

    Another lecturer who is an active researcher is Associate Professor Carl Paton, who is involved in a number of research projects with students. These projects are focused on high performance cycling.

    Helen says it is important that academic staff are research active.

    “Degrees in institutions such as ours should be taught by staff active in relevant applied research. Sport, exercise and health is focused on application to the real world. So we have to enable our academic staff to do research that’s relevant to the field, the discipline that they’re teaching. That keeps them current, and gives students real-world examples of how they could apply their knowledge.”

    “And that’s really important from my perspective.”

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: Labour urged to use wealth tax on super-rich to fund green transition

    Source: Scottish Greens

    30 Oct 2024 Finance

    By taxing the super wealthy we can fund our shift to a fairer, greener and better economy.

    More in Finance

    The Labour government must tax the super-rich and polluters to fund our green transition and tackle the climate and nature emergencies, say the Scottish Greens.

    Speaking ahead of today’s UK Budget statement, the party’s Co-leader, Lorna Slater, has urged the Chancellor to apply a wealth tax on the wealthiest 1% of households in the UK – those with assets worth £3.4 million and above.

    Analysis from the University of Greenwich suggests that this tax would raise over £70 billion a year and potentially up to £130 billion. 

    Ms Slater said:

    “The world is burning around us. We urgently need to see climate leadership from Downing Street.

    “There is more than enough money to support our transition to a greener future and create thousands of high quality, well paid green jobs, but so much of it is being hoarded by a tiny number of extremely wealthy people who don’t need it.

    “The solution is staring us right in the face. By asking the richest people and corporations to pay their fair share we can transform our economy and protect future generations.

    “Making the change is essential for our climate, but it is also crucial for our economy. The UK has a huge opportunity, but it has been squandered by 14 years of a Tory government that actively undermined our climate efforts while giving handouts and tax breaks to its super-wealthy friends and donors.

    “Labour must show the level of ambition that is needed by making a generation-defining investment in clean, green renewable energy and nature restoration and ending the climate vandalism of the Tories.”

    Ms Slater added:

    “The pain that households and families have suffered over the last 14 years was not inevitable. The cuts and austerity were a political choice, and one that Labour has doubled down on by cutting Winter Fuel Payments and refusing to lift the cruel two child cap. Labour can put an end to the cuts and support vital services like our NHS and schools.”

    The tax, supported by the Scottish Greens, would start at a marginal rate of 1%, rising to 5% for those with £5.7 million or more (the richest 0.5%), and 10% for those with £18.2 million (the richest 0.15%). 

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: SCST begins visit to Cascais (with photos)

    Source: Hong Kong Government special administrative region

    SCST begins visit to Cascais (with photos)
    SCST begins visit to Cascais (with photos)
    ******************************************

         The Secretary for Culture, Sports and Tourism, Mr Kevin Yeung, arrived in Cascais, Portugal, on the evening of October 28 (Cascais time) and began his itinerary yesterday (October 29, Cascais time). In the morning, together with the President of the Sports Federation and Olympic Committee of Hong Kong, China (SF&OC), Mr Timothy Fok, Mr Yeung exchanged views with various members of the Executive Council of the Association of National Olympic Committees (ANOC), including the ANOC President, Dr Robin Mitchell; the Secretary General, Mrs Gunilla Lindberg; the Vice-President for Africa, Mr Mustapha Berraf; the Vice-President for Europe, Mr Spyros Capralos; and Member for Asia Mrs Li Lingwei.           Attending the Executive Council Meeting alongside a delegation from the SF&OC in the afternoon, Mr Yeung made a presentation on the bid to host the 2026 ANOC General Assembly in Hong Kong. He illustrated that Hong Kong is the ideal place for hosting international events. Mr Yeung said that Hong Kong has a fair and mature legal system thanks to the successful implementation of the “one country, two systems” principle since the establishment of the Hong Kong Special Administrative Region, enabling the city to maintain its social stability. Hong Kong is also an Events Capital of Asia and the World’s Meeting Place. As an international city, Hong Kong is widely connected with the rest of the world, which underlines another strength of Hong Kong.            Mr Yeung added that Hong Kong has been actively advancing the development of sports in the community, supporting elite sports, promoting Hong Kong as a centre for major international sports events, enhancing sports professionalism and developing sports as an industry. In recent years, Hong Kong athletes have achieved impressive results in major international games. Mr Yeung also shared with the meeting the imminent commissioning of the Kai Tak Sports Park in the first quarter of 2025, making it the largest sports infrastructure project in Hong Kong’s history.            Mr Yeung attended a reception hosted by the City of Cascais, during which he exchanged views with City Councillor (Sports and International Affairs) Mr Francisco Kreye and other leading figures in the world of sports, including the International Olympic Council President, Mr Thomas Bach.            Mr Yeung will continue his visit to Cascais, Portugal, today (October 30, Cascais time).

     
    Ends/Wednesday, October 30, 2024Issued at HKT 16:35

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Extension to Baroness Newlove’s appointment as Victims’ Commissioner

    Source: United Kingdom – Executive Government & Departments

    The Secretary of State has approved an extension to Baroness Newlove’s term as Victims’ Commissioner from 17 October 2024 to 31 December 2025.

    Baroness Newlove was initially appointed to the role without competition for a year from 17 October 2023 to allow for a further campaign fill the role substantively.

    The Lord Chancellor decided not to continue with that campaign.  Following consultation with the Attorney General and Home Secretary, the Lord Chancellor will readvertise the role later in 2024 with revised criteria which reflect the government’s vision for a strengthened role. To ensure there is no gap in cover in this vital role, The Lord Chancellor has extended Baroness Newlove’s term until 31 December 2025.

    The Victims’ Commissioner independently promotes the interests of victims and witnesses, encourages good practice in their treatment, and regularly reviews the Victims’ Code which sets out the services victims can expect to receive. 

    Biography of the Victims’ Commissioner: 

    • Baroness Helen Newlove is a community reform campaigner and activist. She came to prominence after her husband Garry Newlove was murdered outside the family home by a gang of youths, all alcohol and drug-fuelled, in 2007. After his death she campaigned to tackle anti-social behaviour and the underage and binge drinking culture.
    • Baroness Newlove was given a peerage in the 2010 Dissolution Honours list and sits in the House of Lords as Baroness Newlove of Warrington in the County of Cheshire. 
    • She originally took up the post of Victims’ Commissioner on 4 March 2013, was reappointed for a second term in March 2016, and stepped down on 31 May 2019. She was succeeded by Dame Vera Baird. 
    • On 5 March 2018, Baroness Newlove took up the office of Deputy Speaker of the House of Lords.
    • On 17 October 2023, Baroness Newlove was appointed as the government’s Victims’ Commissioner for a term of 12 months.

    This appointment is made by the Secretary of State under Section 48 of the Domestic Violence, Crime and Victims Act 2004, and is regulated by the Commissioner for Public Appointments. The appointment has been made in line with the Governance Code on Public Appointments.

    Updates to this page

    Published 30 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Chewing gum litter cleaned up from Oxford’s historic streets for a second year 

    Source: City of Oxford

    ODS, on behalf of Oxford City Council, has successfully completed the removal of chewing gum litter from key city centre streets, thanks to grant funding from the Chewing Gum Task Force. 

    The cleanup operation, which began in the summer, focused on heavily trafficked areas including George Street, New Inn Hall Street, Carfax, Queens Street, parts of St Ebbes, High Street, and St Aldates down to Christchurch Meadows. 

    Alongside removing the gum, the team deep-cleaned pavements and steam-cleaned street furniture. Educational materials have also been distributed to encourage proper gum disposal and help maintain the cleanliness of the city’s historic streets. 

    ODS’ street cleaning team worked early mornings to ensure minimal disruption and adapted their schedule to work around extreme weather conditions and major events, such as St Giles’ Fair and the Oxford Half Marathon.  

    The gum removal process is time and labour intensive. In the worst affected areas, it took as long as 30 minutes to clean just 1.5msq, this was then followed by a mechanical sweeper to eliminate any stains left by the gum. 

    In line with the Council and ODS’s commitment to sustainability, no chemicals were used during the cleanup, and ODS completed the work using a repurposed 1973 electric milk float, called Earnie. 

    This year’s cleanup was made possible by a £26,500 grant from the Chewing Gum Task Force, administered by Keep Britain Tidy. The funding supports both the immediate cleanup and long-term behaviour change to reduce future gum littering. 

     Comment 

    “I’m pleased to see our city centre streets gum-free thanks to the hard work of ODS – a big thank you to them. 

    “The team’s hard work over the past few months, starting early and adapting around large events and extreme weather conditions, doesn’t go unnoticed. 

    “I hope the clean streets and new disposal guidance will inspire people to keep the streets tidy by properly disposing of their gum in the future.” 

     Councillor Alex Hollingsworth, Cabinet Member for Business, Culture and an Inclusive Economy 

    “We’re thrilled to be working on behalf of Oxford City Council which received the Chewing Gum Task Force grant from Keep Britain Tidy for a second consecutive year. The funding helps improve the appearance of our historic streets and supports the city’s sustainability goals, using our repurposed electric milk float. Chewing gum litter affects the beauty and accessibility of Oxford, and last year’s cleanup showed promising results. We’re committed to working with the Council to make a lasting impact and keep our city clean for everyone.” 

    Adrian Moss, City Centre and Streetscenes Service Manager, ODS 

    MIL OSI United Kingdom –

  • MIL-OSI Video: UK Prime Minister’s Questions and Budget 2024 – 30 October 2024

    Source: United Kingdom UK Parliament (video statements)

    Watch PMQs with British Sign Language (BSL) –

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Rishi Sunak MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Rachel Reeves MP, Chancellor of the Exchequer, will then deliver the Budget Statement in the House of Commons.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=oT8JZ6Ln5ls

    MIL OSI Video –

  • MIL-OSI Video: UK Prime Minister’s Questions and Budget 2024 with British Sign Language (BSL) – 30 October 2024

    Source: United Kingdom UK Parliament (video statements)

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Rishi Sunak MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Rachel Reeves MP, Chancellor of the Exchequer, will then deliver the Budget Statement in the House of Commons.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=sx0EJDhmEeU

    MIL OSI Video –

  • MIL-OSI USA: Fact Sheet: Key AI Accomplishments in the Year Since the Biden-⁠ Harris Administration’s Landmark Executive  Order

    US Senate News:

    Source: The White House
    One year ago, President Biden issued a landmark Executive Order to ensure that America leads the way in seizing the promise and managing the risks of artificial intelligence (AI). The Executive Order directed sweeping actions to manage AI’s safety and security risks, protect Americans’ privacy, advance equity and civil rights, stand up for consumers and workers, promote innovation and competition, advance American leadership around the world, and more.
    Today, the Biden-Harris Administration is announcing that Federal agencies have completed on schedule each action that the Executive Order tasked for this past year—more than one hundred in all. Below are some of the Administration’s most significant accomplishments on managing AI’s risks and seizing its promise in the year since President Biden signed his Executive Order.
    Managing Risks to Safety and Security:The Executive Order directed the boldest actions ever taken to protect Americans from a broad range of AI’s safety and security risks, including risks related to dangerous biological materials, software vulnerabilities, and foreign actors’ efforts to develop AI for harmful purposes. Over the last year, to protect safety and security, agencies have:
    Used Defense Production Act authorities to require developers of the most powerful AI systems to report vital information, including results of safety and security testing, to the U.S. government. These companies have notified the Department of Commerce about the results of their red-team safety tests, their plans to train powerful models, and large computing clusters they possess capable of such training. Last month, the Department of Commerce proposed a rule to require the reporting of this information on a quarterly basis.
    Led the way on AI safety testing and evaluations to advance the science of AI safety. The U.S. AI Safety Institute (US AISI) at the Department of Commerce has begun pre-deployment testing of major new AI models through recently signed agreements with two leading AI developers. The Department of Energy (DOE) developed and expanded its AI testbeds and evaluation tools, which it has already used to test models’ risk to nuclear security.
    Developed guidance and tools for managing AI risk. The US AISI and the National Institute of Standards and Technology (NIST) at the Department of Commerce published frameworks for managing risks related to generative AI and dual-use foundation models, and earlier this month, AISI released a Request for Information on the responsible development and use of AI models for chemical and biological sciences. The Department of Defense (DoD) released its Responsible AI toolkit to align AI projects with the Department’s Ethical Principles.
    Issued a first-ever National Security Memorandum (NSM) on AI. The NSM directs concrete steps by Federal agencies to ensure the United States leads the world’s development of safe, secure, and trustworthy AI; to enable agencies to harness cutting-edge AI for national security objectives, including by protecting human rights and democratic values; and to advance international consensus and governance on AI. This essential document serves as a formal charter for the AI Safety Institute, designating it as the center of the whole-of-government approach to advanced AI model testing, and will guide rapid and responsible AI adoption by the DoD and Intelligence Community. The NSM also directs the creation of a Framework to Advance AI Governance and Risk Management in National Security, which provides agile guidance to implement the NSM in accordance with democratic values, including mechanisms for risk management, evaluations, accountability, and transparency. 
    Finalized a framework for nucleic acid synthesis screening to help prevent the misuse of AI for engineering dangerous biological materials. The framework, developed by the Office of Science and Technology Policy (OSTP), encourages nucleic acid synthesis providers to identify gene sequences that could be used to pose national security risks, and to implement customer screening to mitigate the risks of misuse. Federal agencies will require that funding recipients obtain synthetic nucleic acids from vendors that adhere to the framework, starting in 2025. The Department of Homeland Security (DHS) has developed an initial framework with principles for evaluating the effectiveness of screening mechanisms going forward.
    Launched a new Task Force on AI Datacenter Infrastructure. The Task Force provides streamlined coordination on policies to advance datacenter development operations in line with economic, national security, and environmental goals.
    Identified measures—including approaches for labeling content and improving transparency—to reduce the risks posed by AI-generated content. The Department of Commerce submitted to the White House a final report on science-backed standards and techniques for addressing these risks, while NIST has launched a challenge to develop methods for detecting AI-generated content. President Biden has emphasized that the public has a right to know when content is AI-generated, and agencies are working to use these tools to help Americans to know that communications they receive from their government are authentic.
    Combatted AI-generated image-based sexual abuse. Image-based sexual abuse—both non-consensual intimate images of adults and child sexual abuse material—is one of the fastest growing harmful uses of AI to date and disproportionately targets women, children, and LGBTQI+ people. This year, following the Vice President’s leadership in underscoring the urgent need to address deepfake image-based sexual abuse and a White House Call to Action to reduce these risks, leading AI developers and data providers made voluntary commitments to curb the creation of AI-generated image-based sexual abuse material. Additionally, the Department of Justice (DOJ) funded the first-ever helpline to provide 24/7 support and specialized services for victims of the non-consensual distribution of intimate images, including deepfakes. The Department of Education also clarified that school responsibilities under Title IX may extend to conduct that takes place online, including AI-generated abuse.
    Established the AI Safety and Security Board (AISSB) to advise the Secretary of Homeland Security on the safe and secure use of AI in critical infrastructure. The AISSB has met thrice this year to develop a set of recommendations for entities that develop, deploy, and promote accountability for AI systems that assist in delivering essential services to millions of Americans. The work of the AISSB complements DHS’s first-ever AI safety and security guidelines for critical infrastructure owners and operators, which were informed by agencies’ assessments of AI risks across all critical infrastructure sectors. To help protect critical infrastructure further, the Department of Treasury released a report on managing security risks of AI use in the financial sector, and the Department of Energy released an assessment of potential risks to the power grid, as well as ways in which AI could potentially strengthen grid resilience and our ability to respond to threats.
    Piloted AI for protecting vital government software systems. The Department of Defense and DHS conducted AI pilots to address vulnerabilities in government networks used, respectively, for national security purposes and for civilian governmental organizations.
    Standing up for Workers, Consumers, Privacy, and Civil RightsAI is changing the products and services Americans buy, affecting jobs and workplaces, and introducing or exacerbating risks to privacy, equity, and civil rights. President Biden’s Executive Order stands up for Americans in each of these domains, and over the last year, agencies have:
    Developed bedrock principles and practices, along with guidance, to help protect and empower workers as AI is built for and used in the workplace. The Department of Labor (DOL) released AI Principles and Best Practices for employers and developers to build and use AI in ways that center the wellbeing of workers and improve the quality of jobs. DOL also published two guidance documents to assist federal contractors and employers in complying with worker protection laws as they deploy AI in the workplace. In addition, the Equal Employment Opportunity Commission released resources for job seekers and workers to understand how AI use could violate employment discrimination laws.
    Protected patients’ rights and safety, while encouraging innovation, as AI is developed and deployed for healthcare. The Department of Health and Human Services (HHS) established an AI Safety Program to track harmful incidents involving AI’s use in healthcare settings and to evaluate mitigations for those harms. HHS has also developed objectives, goals, and high-level principles for the use of AI or AI-enabled tools in drug development processes and AI-enabled devices. Additionally, HHS finalized a rule that established first-of-its-kind transparency requirements for AI and other predictive algorithms that are part of certified health information technology. HHS also finalized a civil rights regulation, implementing Section 1557 of the Affordable Care Act, that requires covered health care entities to take steps to identify and mitigate discrimination when they use AI and other forms of decision support tools for care.
    Published guidance and resources for the safe, secure, and trustworthy design and use of AI in education. In July, the Department of Education released guidance calling up on educational technology developers to design AI in ways that protect rights, improve transparency, and center teaching and learning. This month, the Department of Education released a toolkit to support schools and educational leaders in responsibly adopting valuable AI use cases.
    Issued guidance on AI’s nondiscriminatory use in the housing sector, which affirms that existing prohibitions against discrimination apply to AI’s use for tenant screening and housing advertisements, while explaining how to comply with these obligations. Additionally, the Consumer Financial Protection Bureau approved a rule requiring that algorithms and AI used for home valuations are fair, nondiscriminatory, and free of conflicts of interest.
    Set guardrails on the responsible and equitable use of AI and algorithmic systems in administering public benefits programs. The Department of Agriculture’s guidance provides a framework for how State, local, Tribal, and territorial governments should manage risks for uses of AI and automated systems in critical benefits programs such as SNAP, while HHS released a plan with guidelines on similar topics for benefits programs it oversees.
    Affirmed commitments to prevent and address unlawful discrimination and other harms resulting from AI. DOJ’s Civil Rights Division convenes federal agency civil rights offices and senior government officials to foster AI and civil rights coordination. Five new agencies also joined a 2023 pledge to uphold America’s commitment to fairness, equality, and justice as new technologies like AI become more common in daily life.
    Advanced privacy protections to safeguard Americans from privacy risks that AI creates or exacerbates. In particular, the National Science Foundation (NSF) and DOE established a research network dedicated to advancing the development, deployment, and scaling of privacy-enhancing technologies (PETs), while NSF launched the $23 million initiative Privacy-preserving Data Sharing in Practice program to apply, mature, and scale PETs for specific use cases and establish testbeds to accelerate their adoption. Simultaneously, DOE launched a $68 million effort on AI for Science research, which includes efforts at multiple DOE National Laboratories and other institutions to advance PETs for scientific AI. The Department of Commerce also developed guidelines on evaluating differential privacy guarantees. The Office of Management and Budget (OMB) released a Request for Information (RFI) on issues related to federal agency collection, processing, maintenance, use, sharing, dissemination, and disposition of commercially available information containing personally identifiable information. OMB also released an RFI on how federal agencies’ privacy impact assessments may be more effective at mitigating privacy risks, including those that are further exacerbated by AI and other advances in technology and data capabilities.
    Harnessing AI for GoodOver the last year, agencies have worked to seize AI’s enormous promise, including by collaborating with the private sector, promoting development and use of valuable AI use cases, and deepening the U.S. lead in AI innovation. To harness AI for good, agencies have:
    Launched the National AI Research Resource (NAIRR) pilot and awarded over 150 research teams access to computational and other AI resources. The NAIRR pilot—a national infrastructure led by the National Science Foundation (NSF) in partnership with DOE and other governmental and nongovernmental partners—makes available resources to support the nation’s AI research and education community. Supported research teams span 34 states and tackle projects covering deepfake detection, AI safety, next-generation medical diagnoses, environmental protection, and materials engineering.
    Promoted AI education and training across the United States. DOE is leveraging its network of national laboratories to train 500 new researchers by 2025 to meet demand for AI talent, while NSF has invested millions of dollars in programs to train future AI leaders and innovators. These programs include the EducateAI initiative, which helps fund educators creating high-quality, inclusive AI educational opportunities at the K-12 through undergraduate levels that support experiential learning in fields such as AI and build capacity in AI research at minority-serving institutions.
    Expanded the ability of top AI scientists, engineers, and entrepreneurs to come to the United States, including by clarifying O-1 and H-1B visa rules and working to streamline visa processing.
    Released a report on the potential benefits, risks, and implications of dual-use foundation models for which the model weights are widely available, including related policy recommendations. The Department of Commerce’s report draws on extensive outreach to experts and stakeholders, including hundreds of public comments submitted on this topic.
    Announced a competition for up to $100 million to support the application of AI-enabled autonomous experimentation to accelerate research into—and delivery of—targeted, industry-relevant, sustainable semiconductor materials and processes.
    Established two new National AI Research Institutes for building AI tools to advance progress across economic sectors, science, and engineering. The NSF-led AI Research Institutes launched in September will develop AI tools for astronomical sciences, with broader applications across scientific disciplines. Earlier this year, NSF also funded 10 inaugural Regional Innovation Engines (NSF Engines), seven of which include a focus on advancing AI.
    Announced millions of dollars in further investments to advance responsible AI development and use throughout our society. These include $13 million invested by DOE in the VoltAIc initiative for using AI to streamline permitting and accelerate clean energy deployment, as well as $68M from DOE to fund AI for scientific research to accelerate scientific programming and develop energy efficient AI models and hardware. DOE has also launched the Frontiers in AI for Science, Security, and Technology (FASST) initiative roadmap and request for information to harness AI for scientific discovery, national security, energy and electric grid resilience, and other national challenges, building on AI tools, models, and partnerships. NSF, in partnership with philanthropy, announced an inaugural investment of more than $18 million to 44 multidisciplinary, multi-sector teams across the U.S. to advance the responsible design, development, and deployment of technologies including AI, ensuring ethical, legal, community, and societal considerations are embedded in the lifecycle of technology’s creation.
    Issued a first-ever report analyzing AI’s near-term potential to support the growth of America’s clean energy economy. DOE’s National Laboratories also issued a long-term grand challenges report identifying opportunities in AI for energy over the next decade. 
    Released a vision for how AI can help us achieve our nation’s greatest aspirations. AI Aspirations sets forth goals to create a future of better health and opportunity for all, mitigate climate change and boost resilience, build robust infrastructure and manufacturing, ensure the government works for every American, and more. In furtherance of these goals, HHS launched CATALYST, a research and development program focused on the potential use of AI to better predict drug safety and efficacy before clinical trials start. In complement, the President’s Council of Advisors on Science and Technology also authored a report outlining AI’s potential to revolutionize and accelerate scientific discovery.
    Published guidance addressing vital questions at the intersection of AI and intellectual property. To advance innovation the U.S. Patent and Trademark Office (USPTO) has released guidance documents addressing the patentability of AI-assisted inventions, on the subject matter eligibility of patent claims involving inventions related to AI technology, and on the use of AI tools in proceedings before USPTO.
    Bringing AI and AI Talent into GovernmentAI can help government deliver better results for the American people, though its use by Federal agencies can also pose risks, such as discrimination and unsafe decisions. Bringing AI and AI-enabling professionals into government, moreover, is vital for managing these risks and opportunities and advancing other critical AI missions. Over the last year, agencies have:
    Issued the first-ever government-wide policy to strengthen governance, mitigate risks, and advance innovation in federal use of AI. OMB’s historic policy, M-24-10, requires agencies to implement concrete safeguards when using AI in a way that could impact Americans’ rights or safety. These safeguards include a series of mandatory risk management practices to reliably assess, test, and monitor AI’s impacts on the public and provide greater transparency into how the government uses AI. OMB’s policy also directs agencies to designate Chief AI Officers to coordinate the use of AI across their agency, while expanding and upskilling their AI workforce and removing barriers to adopting AI for all manner of purposes—from addressing climate change to advancing public health and safety.
    Released a government-wide policy to advance responsible acquisition of AI by Federal agencies. M-24-18, published this month by OMB, helps ensure that when Federal agencies acquire AI, they have the information and tools necessary to manage risks, promote a competitive marketplace, and collaborate on strategic planning. This work directs the Federal government—the largest buyer in the U.S. economy—to advance AI innovation and risk management through responsibly exercising its purchasing power.
    Hired over 250 AI practitioners into the Federal government through the AI Talent Surge. Tech talent programs ramped up hiring for AI talent, with the Presidential Innovation Fellows bringing on their first-ever AI cohort, DHS establishing their AI Corps with over 30 members onboarded to date, and the U.S. Digital Corps providing pathways for early-career technologists to join Federal service. AI talent has been instrumental in delivering on critical AI priorities, from using AI to deliver top-tier government services, to protecting the public’s rights and safety in the use of AI.
    Established the Chief AI Officers Council to harmonize best practices and sharing of resources across the interagency to implement OMB’s guidance and coordinate the development and use of AI in agencies’ programs and operations.
    Introduced expanded reporting instructions for the federal AI use case inventory to include identifying use cases that impact rights or safety and how the agency is addressing the relevant risks in line with OMB’s policies. 
    Bolstered the public interest technology ecosystem. Building on the AI Talent Surge, the White House announced funding across government, academia, and civil society to support education and career pathways that will help ensure government has access to diverse, mission-oriented technology talent.
    Activated new hiring authorities to bring AI and AI-enabling talent into agencies. As part of the AI Talent Surge, the Office of Personnel Management (OPM) granted new hiring authorities, including direct hire authorities and excepted service authorities, for agencies to rapidly bring on top-tier AI and AI-enabling talent, and released guidance on skills-based hiring and pay and leave flexibilities to best position agencies to hire and retain AI and AI-enabling talent. Additionally, OPM collaborated with partners to run three National Tech to Gov career fairs to connect the public with AI and tech jobs in government, surfacing roles from over 64 Federal, state, and local government employers to over 3,000 job seekers.
    Advancing U.S. Leadership AbroadPresident Biden’s Executive Order directed work to lead global efforts to capture AI’s promise, mitigate AI’s risks, and ensure AI’s responsible governance. To advance these goals, the Administration has:
    Sponsored and passed a landmark United Nations General Assembly resolution. The unanimously adopted resolution, with more than 100 co-sponsors (including the People’s Republic of China), lays out a common vision for countries around the world to promote the safe and secure use of AI to address global challenges.
    Engaged foreign leaders on strengthening international rules and norms for AI, including at the 2023 UK AI Safety Summit and the AI Seoul Summit in May 2024, where Vice President Harris represented the United States. In the United Kingdom, Vice President Harris unveiled a series of U.S. initiatives to advance the safe and responsible use of AI, including the establishment of AISI at the Department of Commerce.
    Announced a global network of AI Safety Institutes and other government-backed scientific offices to advance AI safety at a technical level. This network, which will formally launch in November at the inaugural network convening in San Francisco, will accelerate critical information exchange and drive toward common or compatible safety evaluations and policies.
    Expanded global support for the U.S.-led Political Declaration on the Responsible Military Use of Artificial Intelligence and Autonomy. Fifty-six nations now endorse the political declaration, which outlines a set of norms for the responsible development, deployment, and use of military AI capabilities. DoD has expanded the scope of its international AI Partnership for Defense to align global Responsible AI practices with the Political Declaration’s norms.
    Developed comprehensive plans for U.S. engagement on global AI standards and AI-related critical infrastructure topics. NIST and DHS, respectively, will report on priority actions taken per these plans in 90 days.
    Signed the Council of Europe’s Framework Convention on AI and Human Rights, Democracy, and the Rule of Law. This first multilateral treaty on AI represents a powerful affirmation of the relevance of existing human rights obligations to AI activities and establishes a strong baseline in international law for responsible government use of AI. The United States’ signature reflects its commitment to ensuring that AI technologies are designed, developed, used, and governed in ways that promote respect for human rights and democratic values. 
    Led the development of a Joint Statement on Responsible Government Practices for AI Technologies. The Joint Statement, to which the 41 countries of the Freedom Online Coalition committed, calls on governments to develop, use, and procure AI responsibly, including by respecting international obligations and commitments, assessing impacts of AI systems, conducting ongoing monitoring, ensuring adequate human training and assessment, communicating and responding to the public, and providing effective access to remedy. 
    Launched the Global Partnership for Action on Gender-Based Online Harassment and Abuse.  The 15-country Global Partnership has advanced international policies to address online safety, and spurred new programs to prevent and respond to technology-facilitated gender-based violence, including through AI.
    The Department of State and the U.S. Agency for International Development published resources to advance global AI research and use of AI for economic development. The AI in Global Development Playbook incorporates principles and practices from NIST’s AI Risk Management Framework to guide AI’s responsible development and deployment across international contexts, while the Global AI Research Agenda outlines priorities for advancing AI’s safe, responsible, and sustainable global development and adoption.
    The table below summarizes many of the activities that federal agencies have completed in response to the Executive Order.

    MIL OSI USA News –

  • MIL-OSI Security: Appeal to identify family of man fatally stabbed in Wandsworth

    Source: United Kingdom London Metropolitan Police

    Detectives are urgently appealing to the public for assistance in identifying family members of 18-year-old Issa Ali Musa Abdulrahman Barakat, who tragically lost his life following a fatal stabbing early on Monday morning.

    Issa was found injured at around 06:00hrs on 28 October on Laitwood Road, SW12, and though emergency responders did all they could to save him, he sadly died in hospital later the same day.

    On Monday, Salah Al-Mahmoodi [known as Salah Ahmed], 21 (02.01.03), of Wandsworth was arrested. He was charged on Tuesday, 29 October with Issa’s murder and is due to appear at Wimbledon Magistrates’ Court today (Wednesday, 30 October)

    Detective Chief Inspector Brian Howie, from the Met’s Specialist Crime Command, who is leading the investigation, said:

    “Our hearts go out to Issa and his family, a young man whose life was cruelly taken far too soon. It is devastating to think that his family may not yet know of his tragic passing, and we want to find them so we can offer them both support and answers.

    “Issa was a member of the Chadian community, and we hope that friends or extended family might help us in reaching his loved ones.”

    Anyone with information should call police via 101 or post on X @MetCC quoting CAD 1017/28Oct.

    MIL Security OSI –

  • MIL-OSI United Kingdom: Two social landlords fail to meet RSH’s consumer standards

    Source: United Kingdom – Executive Government & Departments

    The Regulator of Social Housing has today published regulatory judgements for seven social housing landlords.

    Sandwell Metropolitan Borough Council and Willow Tree Housing Partnership were both given a C3 grading by RSH, meaning they failed to meet the new consumer standards, introduced on 1 April 2024, and will need to make significant improvements.

    Meanwhile Barnsley Metropolitan Borough Council became the first local authority to receive a C1 grading.

    Following responsive engagement with Sandwell MBC about the Safety and Quality Standard due to its Tenant Satisfaction Measure (TSM) return, RSH found:

    • The council was only able to evidence that required asbestos management surveys or re-inspections had been carried out on around 2% of relevant buildings.
    • Although electrical safety inspections had been completed for 96% of its 27,900 homes, the council was unable to monitor or report on the completion of remedial actions.
    • A backlog of more than 14,000 overdue repairs, with over 90% of these yet to be assigned for completion.
    • Accurate, up-to-date information was available for only 5% of the council’s homes.

    Following an inspection completed in October 2024 and earlier responsive engagement carried out following a self-referral from Willow Tree relating to the Rent Standard, RSH found:

    • Around 185 tenancies had been overcharged as a result of errors made in setting rents over a prolonged period.
    • Limited information on the quality of its homes to assure us that they were meeting the Decent Homes Standard.
    • Improvement is needed to more proactively identify and manage of damp and mould.
    • Evidence of weaknesses in the provision of an effective, efficient and timely repairs service.

    Willow Tree has now corrected its formula rents and has issued refunds worth £133k over the last six years.

    Kate Dodsworth, Chief of Regulatory Engagement at RSH, said:

    Improving data management can help address the root cause of many of the issues we see. Without accurate, up-to-date information on homes, it is nearly impossible to deliver the outcomes of our standards and provide safe, decent places to live for tenants.

    Today’s judgements reflect the range of grades we are seeing across the spectrum in the early days of our new consumer remit. We are working intensively with each of the landlords where there are failings, as they put things right for their tenants.

    Even when a landlord has been awarded a C1 grading, there is always room for improvement.

    Our governance and financial viability standards remain as important as ever. Landlords need to keep a tight grip on identifying and mitigating risks to avoid problems now and later down the line.

    The other five judgements were part of RSH’s planned inspections of all large social landlords (those with over 1,000 homes) over a four-year cycle. 

    Provider Reason for publication Grades
    Broadacres Housing Association Limited Inspection C2 G2 V2
    Joseph Rowntree Housing Trust Inspection C2 G1 V2 – Issues relating to rent setting have not yet been addressed
    Lincolnshire Housing Partnership Limited Inspection C2 G1 V2
    Sandwell Metropolitan Borough Council Responsive engagement C3
    The Industrial Dwellings Society (1885) Limited Inspection C2 G2 V2
    Willow Tree Housing Partnership Limited Inspection and responsive engagement C3 G2 V2
    Barnsley Metropolitan Borough Council Inspection C1

    Notes to editors

    1. On 1 April 2024 RSH introduced new consumer standards for social housing landlords, designed to drive long-term improvements in the sector. It also began a programme of landlord inspections. The changes are a result of the Social Housing Regulation Act 2023 and include stronger powers to hold landlords to account. More information about RSH’s approach is available in its document Reshaping Consumer Regulation.
    2. More information about RSH’s responsive engagement, programmed inspections and consumer gradings is also available on its website.
    3. RSH promotes a viable, efficient and well-governed social housing sector able to deliver more and better social homes. It does this by setting standards and carrying out robust regulation focusing on driving improvement in social landlords, including local authorities, and ensuring that housing associations are well-governed, financially viable and offer value for money. It takes appropriate action if the outcomes of the standards are not being delivered.

    Updates to this page

    Published 30 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Security: Detectives investigating the deaths of two men in Herne Hill are appealing for witnesses

    Source: United Kingdom London Metropolitan Police

    Detectives investigating the deaths of two men in Herne Hill are appealing for witnesses to come forward. 

    Two years ago, on Sunday, 30 October 2022, 23-year-old Guilherme Messias Da Silva and 27-year-old Lemar Urqhart died on Railton Road, Brixton. 

    Detective Chief Inspector Samantha Townsend, who leads the investigation, said: “It has been two years since this shocking incident and our thoughts continue to remain with the family and friends of Guilherme and Lemar.

    “My team is working tirelessly to identify those responsible for their deaths and to get justice for the families. I am extremely grateful to those individuals who have already come forward to share information, but would urge anyone else who has information and has not yet spoken to us to come forward. No piece of information is too small.”

    Police were called at about 19:50hrs on Sunday, 30 October 2022 to reports of gunshots heard in the Railton Road area. 

    Officers, including firearms officers, immediately attended the scene along London Ambulance Service and London’s Air Ambulance. 

    Despite the efforts of emergency services, both Guilherme and Lemar were found injured at the location and pronounced dead at the scene. 

    Detectives believe two cars were driving in the Railton Road area when one of the cars was in collision with Guilherme’s moped before further colliding with parked vehicles. 

    Lemar then got out of one of the cars involved in the collision and was pursued by a man, armed with a firearm. The man shot Lemar and returned to his car before leaving the scene. 

    Lemar Urqhart’s family statement said: “Two years since our son, grandson, brother, nephew, cousin and friend was tragically taken from us. Whoever said time is a healer, lied. The pain is unbearable & life will never be the same. Lemar was an integral part of the family and his death has rocked our family to the core. Every day we hope that new information is given to aid the arrest of the person/s who did this. We plead with anyone who has information to please come forward. Any information could be vital. Our family would be forever grateful to anyone who could help.”

    Any witnesses or anyone with information should call police via 101 quoting CAD 6166/30Oct. Alternatively, speak to independent charity Crimestoppers anonymously on 0800 555 111 or online at crimestoppers-uk.org. They will not trace your call or your IP address. 

    Information can also be submitted via the Public Portal.

    MIL Security OSI –

  • MIL-OSI: Nokia selected to lead European lighthouse project on 6G sustainability

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia selected to lead European lighthouse project on 6G sustainability

    • SUSTAIN-6G will evaluate and explore sustainable 6G technologies, methods and use cases touching on environmental, economic and societal needs
    • The consortium will work out solutions for three specific areas of sustainable development: energy smart grids, e-health and telemedicine, and agriculture

    30 October 2024
    Espoo, Finland – Nokia today announced that the Smart Networks and Services Joint Undertaking (SNS JU) has selected Nokia to be the coordinator of the SUSTAIN-6G lighthouse project. The SNS-JU is a public-private partnership funded by the European Commission. Nokia will lead a consortium of innovators that will identify how 6G can play a key role in building a sustainable future, addressing not only environmentally sustainable, but also economically and societally sustainable technologies.

    One of the main goals of SUSTAIN-6G is to develop new solutions for meeting sustainability challenges using the toolkit that 6G will offer. The consortium will devote considerable time to working out use cases for three targeted areas, drawn from the United Nations’ Sustainable Development Goals:

    • Energy smart grid: The consortium will explore how 6G could be used to create microgrids that manage electricity demand. SUSTAIN-6G will also investigate the use of AI technologies for real-time control of distribution networks. This could lead to more efficient and resilient grids that minimize disruptions while providing the flexibility to draw energy from diverse sources as the world transitions to renewables like solar and wind.
    • E-Health and telemedicine: The consortium will generate new ideas on how 6G can make digital health more inclusive. 6G infrastructure could not only provide a far-reaching infrastructure for securely transmitting and analyzing medical data, but it also could be the foundation for new home-based online assessment services. These networks could improve the diagnosis and treatment process in underserved communities. Meanwhile AI could help detect disease outbreaks at early stages.
    • Agriculture: The consortium will investigate how 6G connectivity could be allocated on a temporary basis to enable smart agricultural applications that require high bandwidth, sensing, telemetry, data analytics and automation. For instance, 6G’s edge cloud capabilities could be harnessed to handle high-priority farming-equipment automation tasks during harvests or provide advanced processing capabilities that integrate data from field sensors, climate stations, soil analysis and satellite imagery to provide contextualized information during the growing season.

    As a lighthouse project, SUSTAIN-6G will be one of the SNS JU’s most highly visible initiatives, and it is the third major European 6G research consortium that Nokia has been selected to lead. The others are Hexa-X and Hexa-X-II, which laid the groundwork for 6G pre-standardization and use cases respectively.

    SUSTAIN-6G has broad representation from industry and academia. The consortium includes network equipment and services vendors, communications services providers, industrial equipment manufacturers, European research institutions and universities, and many small-and medium-sized enterprises. SUSTAIN-6G will kick off in January of 2025 and is scheduled to complete its work in 2027.

    Peter Merz, Vice President of Nokia Standards, said: “The UN Paris Agreement committed the world to combatting climate change. Every industry must do its part. SUSTAIN-6G will show how the communications industry will apply the next generation of networking to creating that sustainable future, overcoming not just environmental challenges but societal and economic challenges as well.”

    Resources and additional information
    Webpage: Nokia Sustainability
    Webpage: What is 6G?

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
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    The MIL Network –

  • MIL-OSI United Kingdom: Scottish Fish Farm Production Survey 2023

    Source: Scottish Government

    An Official Statistics Publication for Scotland

    The Scottish Government today published the Scottish Fish Farm Production Survey 2023. The publication details statistics on the employment and production from Scottish fish farms. It is structured to follow industry trends within the farmed Atlantic salmon, rainbow trout and other species sectors.

    Some key figures from this publication are:

    • In 2023, production of Atlantic salmon decreased by 18,245 tonnes (11%) to 150,949 tonnes.
    • The total number of smolts produced in 2023 decreased by 3.6 million (7%) to 51.5 million.
    • Production tonnage of rainbow trout increased by 6% in 2023 to 9,258 tonnes. This is the highest level of rainbow trout production recorded in Scotland.
    • Brown and sea trout production decreased to 16 tonnes in 2023.
    • In 2023, the total number of staff directly employed in salmon production was 1,480 staff, a decrease of 28 staff compared with 2022. The staffing figures refer to production of Atlantic salmon in seawater and do not include staff involved with processing or marketing activities.

    Background

    Scottish Fish Farm Production Survey 2023 – gov.scot (www.gov.scot)

    1. The survey is compiled from data collected directly from authorised fish farming businesses.
    1. Official statistics are produced by professionally independent staff – more information on the standards of official statistics in Scotland can be accessed at: Producing Official Statistics – gov.scot (www.gov.scot)

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Monthly GDP Estimates for August

    Source: Scottish Government

    An Official Statistics in Development publication for Scotland.

     

    Scotland’s onshore GDP contracted by 0.3% in August 2024, according to statistics announced by the Chief Statistician. This follows revised growth of 0.5% in July 2024.

    In the three months to August, GDP is estimated to have grown by 0.1% compared to the previous three month period. This indicates an decrease in growth relative to the growth of 0.4%  (revised from 0.6%) in 2024 Quarter 2 (April to June).

    In August, the largest contribution to headline GDP was made by the Information & Communications sector which contracted by 3.2%, contributing -0.2 percentage points to the overall contraction. The largest positive contribution was made by the Education sector which grew by 1.4%, contributing 0.1 percentage points towards GDP.

    Background

    The quarterly statistical publication and data and the monthly statistical publication and data are available online.

    All results are seasonally adjusted and presented in real terms (adjusted to remove inflation). GDP growth relates to Scotland’s onshore economy, which means it does not include the output of offshore oil and gas extraction.

    Gross Domestic Product (GDP) measures the output of the economy in Scotland and are designated as official statistics in development. This means that they are still in development but have been released to enable their use at an early stage. All results are provisional and subject to relatively high levels of uncertainty.

    Further information on GDP statistics is available online. 

    These estimates are compiled in line with the Code of Practice for Statistics.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Species Survival Fund: New four-legged friends arrive at Shire Brook Valley Rainbow Meadow in Shire Brook Valley is now home to a host of new four-legged friends as we see the arrival of Highland cows and Dexter cows. The introduction of the cows forms part of Sheffield City Council’s Species Survival Fund which aims to protect, enhance and widen areas of heathland, and it will help to manage and create areas of meadow. 30 October 2024

    Source: City of Sheffield

    Rainbow Meadow in Shire Brook Valley is now home to a host of new four-legged friends as we see the arrival of Highland cows and Dexter cows.

    The cows have been brought to the meadow to graze which will help manage the field naturally , creating open spaces for wildflowers to grow and preventing brambles from taking over the meadow.

    As well as grazing, through moving and walking around the field this will create and maintain the open spaces.  Sheffield City Council has welcomed the cows to maintain the land in a great condition, in between woodland and open grassland. 

    Locals are welcome and encouraged to come down and view the cows from the gate but should not climb the gate as there is a risk of injury from livestock. Dogs are not permitted to be in the field.

    The introduction of the cows forms part of Sheffield City Council’s Species Survival Fund which aims to protect, enhance and widen areas of heathland, and it will help to manage and create areas of meadow, benefitting species of flora such as orchids and invertebrates such as dragonflies.

    The Council’s Species Survival Fund was awarded more than £1million from The National Lottery Heritage Fund, as well as being supported by funding from partners and other organisations, totalling almost £400,000.

    These include National Grid, The Environment Agency, South Yorkshire Sustainability Centre, Sheffield Hallam University, Yorkshire Water, Friends of Richmond Park and the South Yorkshire Badger Group.

    The mix of habitats are particularly important conserve in the area for invertebrate, fungi,  birds and wildflowers – the diversity of which will fall if the site is allowed to become dominated by trees.

    Areas the project will cover:

    • Shire Brook Valley Nature Reserve
    • Beighton Marsh
    • Woodhouse Washlands
    • Wickfield Heath & Plantation
    • Richmond Park
    • Silkstone Ravine (part of Birley Spa)

    The project will improve sites covering a total area of 449.5 acres. The project will involve conservation management, woodland works to open sightlines, creation of leaky dams and new areas of wet woodland, removing 1/3 of the silt and Typha from a former mill pond, creating ditches and hedgerows, and removal of invasive species.

    Species the fund will support include mice, bats, reptiles, amphibians (including toads and newts), birds such as swifts, house martins, skylarks, barn owls and kingfishers. 

    Patrick Gray, Grazing Co-ordinator at Wild Sheffield, said:

    “We now have 18 cows on Rainbow Meadow including 17 Dexter Cows and one Highland Cow.

    “The lack of grazing over the past few years has led to the meadow being overrun with brambles and scrub. The objective of the grazing is to maintain the site as a woodland pasture, which consists of a mix of veteran trees, young trees, and open grassland.

    “This is a pilot scheme, and in the future plan to have grazing at Sally Clark Meadow across the lane, and at Linley Bank.”

    The current plan of winter grazing is to remove the build-up of vegetation on the pasture so that ideal conditions are created for spring when all the interesting and colourful wildflowers begin to germinate.

    Wild Sheffield, in partnership with Sheffield City Council, would like to set up a volunteer scheme for members of the public to assist in keeping an eye on the cows, reporting any sick or injured or escaped animals.

    If you want to find out more about how you can get involved, please email Patrick Gray from Wild Sheffield for more details p.gray@wildsheffield.com.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: BLOG: Sound Connections – How Liverpool and New York are Striking the Right Chord for Music Tourism

    Source: City of Liverpool

    Following a trade and investment mission to the United States, Liverpool’s Head of UNESCO City of Music, Kevin McManus spent some time in New York looking at ways in which to boost music tourism to Liverpool. He writes about how the trip explored how more meaningful links can be developed between the two great music cities.

    You can make a good argument that the two greatest music cities in the world are Liverpool and New York.  ( Nashville, Memphis and New Orleans may try and force themselves into the reckoning as well but let’s ignore them for now…!)

    I was fortunate enough to recently spend a couple of days in New York as part of a Liverpool City Region Combined Authority mission to the US and was keen to look at what opportunities there are to link the two cities’ music sectors to our mutual advantage.

    There are no two ways about it, New York is an amazing city with an incredible music heritage which is why almost every musician wants to play there. New York is still a hugely important centre for the music industry and I was there to see what meaningful links we could begin to develop between the two cities. Historically of course The Beatles led the British music invasion of the US in the ‘60s and the Strawberry Fields corner of Central Park is a memorial to the life of John Lennon.

    There are more recent success stories such as that of Sentric Music, the Liverpool founded music publisher which still has its HQ in our city, but has its North American base in New York. I caught up with the Sentric team who are steadily building the company’s US profile which is great advertisement for the fact that you can grow a global music business from Liverpool.

    We had a really useful, practical session with Visit Britain and we were able to talk to them about the strength of the Liverpool music brand and how we could work together to grow music tourism to the city.

    We tried to make the most of our visit by meeting with key people from the sector and a big thanks to a former colleague Vanessa Reed, now President of New Music USA, for introducing me to Shira Gans (from the New York Mayor’s Office) and Erika Elliott from Summer Stage.  

    It was a joy to meet Shira and Erika as well as catching up with Vanessa and they gave us so much food for thought as well as being receptive to developing a meaningful relationship with us. Hopefully these links will lead to opportunities for our artists and music businesses in the US.

    Of course it wasn’t all one way.

    We wanted to find out more about what was happening in New York, but at the same time we wanted the chance to share our exciting plans. We have an awful lot to be proud of at the moment in terms of our music sector and the ambition we are demonstrating through initiatives such as Accelerator City and our plans for a Music Hub and an immersive music attraction.
    Supported by the City Region Music Board Liverpool, music is going places and part of the mission is to say to music businesses in the US that if they are looking for a UK or a European base then they should look to Liverpool first.

    MIL OSI United Kingdom –

  • MIL-OSI Security: NATO Acting Deputy Secretary General to visit Croatia

    Source: NATO

    On Wednesday, 30 October 2024, the NATO Acting Deputy Secretary General, Ambassador Boris Ruge, will travel to Zagreb, Croatia.

    Ambassador Ruge will meet with the Prime Minister, Mr Andrej Plenković, and the Deputy Prime Minister and Minister of Defence, Mr Ivan Anušić.

    He will also attend a joint session of the Foreign Affairs Committee and the Delegation of the Croatian Parliament to the NATO Parliamentary Assembly (NPA), at the Croatian Parliament.

    The event will be streamed live on the Croatian Parliament’s YouTube channel.

    For more information:

    For general queries: contact the NATO Press Office
    Follow us on X: @NATO, @RugeBoris and @NATOPress

    MIL Security OSI –

  • MIL-OSI Economics: France defense expenditure to reach $67.8 billion in 2029, forecasts GlobalData

    Source: GlobalData

    In July 2023, France outlined its defense spending plans for the next six years in the Military Planning Law (LPM) 2024-30, expanding the modernization initiatives kickstarted by LPM 2019-25 to reflect evolving geostrategic dynamics and better incorporate emerging technologies, including unmanned and space-based assets. Against this backdrop, France is expected to increase defense spending from $60.4 billion in 2024 to $67.8 billion in 2029, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “France Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029”, reveals that France’s defense spending is forecast to rise to $64 billion in 2025.

    Tristan Sauer, Senior Defense Analyst at GlobalData, comments: “The deterioration of European security following Russia’s invasion of Ukraine has highlighted the importance of France’s strategic reforms, providing the impetus for further and more diversified investment in defense and security capabilities. The most recent spending commitments will allow French defense expenditures to surpass 2% of GDP and finally attain the minimum threshold recommended for NATO members.”

    France’s armed forces continue to pursue modernization across the different operational domains. The largest amount of spending is being directed to the fixed-wing aircraft, missiles and missile defense systems, naval vessels, submarines, and armored vehicles market segments over the next several years. Between 2024-2034, France’s largest investments are for the international FCAS New Generation Fighter program ($17.9 billion), the SNLE 3G nuclear submarines ($17.3 billion), and various upgrades to the Rafale fighter jet program ($12.9 billion).

    Sauer continues: “These investments are indicative of a renewed strategic focus on the commensurate rise of both great power competition and the risk of high intensity conflict. Procurement of conventional capabilities such as aircraft, naval assets, artillery, armored vehicles, and weapons systems is being supplemented with investment in cybersecurity as well as space systems to account for the increasingly diffuse and multi-domain nature of modern warfare.”

    As with many western nations, France is facing recruitment issues leading to personnel shortages despite growing investment. GlobalData forecasts that France will spend $125.9 billion on military personnel between 2025-2029, though spending will only increase at a CAGR of 0.5%, which is far slower than the 1.26% CAGR achieved between 2020-2024.

    Sauer concludes: “France’s continued investments in modernization and acquisition programs provide substance to the broader political refocus on strategic competition and its associated risks, with the nation’s growing defense industrial base providing growing opportunities for international engagement. However, much like with the US and other NATO allies, lackluster performance with regards to personnel recruitment and retention is indicative of a wider challenge, which current investments have thus far failed to overcome.”

    MIL OSI Economics –

  • MIL-OSI United Kingdom: expert reaction to flash floods in south-eastern Spain

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on flash floods in Valencia, Spain. 

    The comment below was provided by our friends at the Spanish SMC:

    Dr Ernesto Rodríguez Camino, Senior State Meteorologist and member of Spanish Meteorological Association, said:

    What relationship can we say that this type of event has with climate change?

    “In general terms, what we know is that, in the context of climate change, these types of intense and exceptional, rare rainfall events are going to become more frequent and more intense and, therefore, destructive.

    “That is in general terms. Events of this type, which used to occur many decades apart, are now becoming more frequent and their destructive capacity is greater.

    “Associating a particular event like this to climate change, i.e. asking the question that if we had not had climate change we would have suffered an event like this, requires a posteriori studies and can always be said in probabilistic terms, but not on the fly. This is something that will be analysed and these very destructive or very violent cases, then give rise to many studies that are done in academic and research fields.

    “We can’t say anything on the fly, except that in the context of climate change, these types of events will be more frequent and more intense.”

    What role do warnings play in these extreme events?

    “What we have to bear in mind is that warnings are issued for relatively large areas, at the county level, and then the most extreme consequences are at the point level, often at the municipality level, and this depends on many other things that have nothing to do with precipitation.

    “The warnings issued by the State Meteorological Agency, AEMET, refer to precipitation, which is AEMET’s responsibility. But whether that rainfall then has more or less destructive effects also depends on the orography (geography dealing with the formation and features of mountains), on rainfall upstream, on public works, on where the municipalities are located, on whether there are obstacles or not…. All of this is something very particular. Between heavy rainfall and its destructive power, there is a whole chain of actions that must also be considered.”

    Declared interests

    No reply to our request for DOIs was received.

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Northern Ireland Named As The UK’s Future ‘Silicon Valley’

    Source: Samsung

     

     
    LONDON, UK – October 30, 2024 – Samsung Electronics Co. (UK) Ltd has unveiled that Northern Ireland is set to become the ‘Silicon Valley’ of the United Kingdom, with a staggering 77% of young people in the country looking to pursue a career in technology. The findings align with data from the Intellectual Property Office, which shows that patent applications have increased by 33% in Northern Ireland between 2022-23, compared to an increase of just 11% in London.
     
    Whilst a high proportion of young people living in the Capital are considering working in technology (69%), other potential hotbeds for future innovators include the West Midlands (63%), North-East (63%), East of England (62%), East Midlands (61%) and Yorkshire and The Humber (57%).
     
    In terms of cities, Coventry scored highly (79%), with Cambridge (76%) and Birmingham (71%) also being seen as future hotbeds for inventions and tech.
     
    When it comes to motivation, almost half (48%) of young people polled were confident that they could invent or develop a technology product that would positively impact society. This desire for ‘tech for good’ can also be seen amongst the 85% of young people who believe that a career in technology would allow them to positively contribute to society, and the 20% who would be interested in working in tech start-ups with societal purpose. Other key areas of technology young people aspire to have a career in include app development (41%), cybersecurity (35%), AI for Good (31%) and health-based technology (30%).
     
    The findings have been released as Samsung launches its fifth Solve for Tomorrow competition, which aims to find and support young innovators across the UK.
     
    The research revealed that although young people are particularly ambitious when it comes to their ability to make positive change to the world through tech, they are facing challenges in making this a reality. In fact, the study found 39 per cent of those polled believe there are too few resources for them to make a change in society through technology. This is despite a third (33%) believing they have what it takes to create the next big tech invention.
     

     
    Breaking Barriers To Entry
     
    Despite the ambition of young people across the country, there’s still a strong sense that making a change in the world through tech isn’t an option for everyone. When asked, 96% of young people believed there are barriers to entering the tech industry, and 65% believe that their personal background impacts their ability to harness their creativity through tech.
     
    A lack of education (40%), practical experience (36%) and lack of contacts or mentors in the industry (31%) were listed as the top barriers to entry for young people.
     
    Samsung’s Solve for Tomorrow competition asks 16–25-year-olds to come up with ideas that help solve societal challenges, then help bring them to life through offering free educational workshops, mentoring, funding and support.
     

     
    Commenting on the competition launch, Soohyun Jessie Park, Head of Corporate Social Responsibility at Samsung Electronics UK, said: “We’re beyond excited to kick-off our fifth year of Solve for Tomorrow. Innovation is for everyone and no young person should ever feel discouraged to pursue a good idea. This is why we’re proud to be working with our partners Social Mobility Foundation and InnovateHer again this year. Our research shows the UK is full of young people with confidence and potential, but they still feel like they don’t have the support they need to make a difference through tech. That’s what the Solve for Tomorrow programme aims to address.”
     
    Applications to the competition are now open, following a panel discussion launch event held at Samsung KX to inspire future changemakers, and featuring rapper and entrepreneur, Krept. The competition offers two age categories – 16-18 and 18-25. Winning teams in both categories receive £10,000 cash prize in funding, and three months expert mentoring with a personalised action plan, to help bring their ideas to life. Young people across the country can visit the Solve For Tomorrow website for more information, and enter here.
     

     
    About his role as a Solve for Tomorrow ambassador, British musician, broadcaster and entrepreneur, Krept. said: “As an entrepreneur, I’ve been in the position where you have an idea but you don’t know how to make it a reality. It’s a struggle everyone faces, but unfortunately, it’s easier for some to get around that than others. Programmes like Solve for Tomorrow from Samsung are great – they help remove the barriers young people face, whether it’s not having a degree or not knowing the right person – I’m thrilled to be involved in this initiative.”
     
    Talking at the panel event at KX, Sarah Atkinson, CEO of Social Mobility Foundation, said of the programme partnership: “Talent is everywhere, but opportunity is not. At The Social Mobility Foundation, we work towards creating a culture where young people from all social backgrounds can thrive, leading to more representation and innovation. Solve for Tomorrow equips and empowers young minds to create solutions to real-world issues and we are proud to be partnering again with Samsung on this exciting initiative.”
     
    Chelsea Slater, CEO at InnovateHer, also commented: “We’re thrilled to partner with Samsung on the Solve for Tomorrow initiative, which aligns perfectly with InnovateHer’s mission to empower the next generation of diverse innovators. This programme gives young people, especially girls, the opportunity to tackle real-world problems using technology, while building essential skills for the future. By working together, we’re ensuring that more young women are inspired, included, and equipped to lead in the tech industry—helping to create a more inclusive and innovative future for everyone.”
     
    To enter this year’s competition, go to: www.samsung.com/uk/solvefortomorrow/competition/
     
    Methodology Consumer research was commissioned to 1,000 UK teenagers aged 13-19 between the 4th and 10th October 2024 by OnePoll. Onepoll are members of ESOMAR and comply with the ESOMAR guidelines for online research.
    Patent information was obtained via the Intellectual Property Office.
     

    MIL OSI Economics –

  • MIL-OSI: Dayforce Reports Third Quarter 2024 Results¹

    Source: GlobeNewswire (MIL-OSI)

    Dayforce® recurring revenue of $333.2 million, up 19%

    Total revenue of $440.0 million, up 17%

    Year-to-date net cash provided by operating activities of $200.1 million, up 54%

    MINNEAPOLIS and TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (“Dayforce” or the “Company”) (NYSE:DAY) (TSX:DAY), a global leader in human capital management (“HCM”) technology, today announced its financial results for the third quarter ended September 30, 2024.

    “Our dedicated team achieved excellent results in the third quarter, positioning us to finish 2024 with strength,” said David Ossip, Chair and CEO of Dayforce. “Dayforce recurring revenue grew 19% year-over-year, and year-to-date cash flows from operating activities were up 54%, underscoring our ability to both grow and generate profits at scale. We continue to see organizations across the globe realize greater value as they simplify their people operations with the all-in-one Dayforce platform.”

    “In the third quarter, we repurchased approximately $30 million worth of shares under our $500 million share repurchase program that we launched last quarter highlighting our progress in enhancing our overall profit profile and the flexibility of our cash-generative business model,” said Jeremy Johnson, CFO of Dayforce. “Looking forward, we are excited to meet many of our investors in-person at our inaugural Investor Day alongside our Dayforce Discover conference in Las Vegas where we will outline our strategy for future growth.” 

    Financial Highlights for the Third Quarter 20241

    • Total revenue was $440.0 million, an increase of 16.6%, or 16.7% on a constant currency basis.
    • Dayforce recurring revenue was $333.2 million, an increase of 19.2%, or 19.3% on a constant currency basis. Excluding float revenue, Dayforce recurring revenue was $292.0 million, an increase of 18.9%, or 19.0% on a constant currency basis.
    • Cloud recurring gross margin was 79.0%, compared to 77.0%. Adjusted cloud recurring gross margin was 79.9%, compared to 78.3%.
    • Operating profit was $20.8 million compared to $26.5 million. Adjusted operating profit was $103.2 million compared to $89.4 million.
    • Net income was $2.0 million, compared to net loss of $3.8 million. Adjusted net income was $74.5 million, compared to $58.3 million.
    • Adjusted EBITDA was $126.1 million, compared to $107.2 million.
    • Diluted net income per share was $0.01, compared to diluted net loss per share of $0.02. Adjusted diluted net income per share was $0.47, compared to $0.37.
    • Net cash provided by operating activities for the nine months ended September 30, 2024 was $200.1 million, compared to $129.6 million for the nine months ended September 30, 2023. Free cash flow for the nine months ended September 30, 2024 was $117.3 million, compared to $41.3 million for the nine months ended September 30, 2023.

    Supplemental Detail

    • 6,730 customers were live on the Dayforce platform as of September 30, 2024, an increase of 73 customers since June 30, 2024 and an increase of 384 customers since September 30, 2023, or 6.1% year-over-year.2
    • Dayforce recurring revenue per customer was $159,496 for the trailing twelve months ended September 30, 2024, an increase of 14.9%.3
    • The average float balance for Dayforce’s customer funds during the quarter was $4.48 billion and the average yield on Dayforce’s float balance was 4.0%, an increase of 20 basis points year-over-year. Float revenue from invested customer funds was $45.6 million for the three months ended September 30, 2024.
    • The average U.S. dollar to Canadian dollar foreign exchange rate was $1.36 for the three months ended September 30, 2024, compared to $1.34 for the three months ended September 30, 2023. Dayforce presents percentage change in revenue on a constant currency basis in order to exclude the effect of foreign currency rate fluctuations, which it believes is useful to management and investors. Percentage change in revenue was calculated on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period.

    1 The financial highlights are on a year-over-year basis, unless otherwise stated. All financial results are reported in United States (“U.S.”) dollars and in accordance with accounting principles generally accepted in the U.S. (“GAAP”), unless otherwise stated.
    2 Excluding Ascender, ADAM HCM, and eloomi.
    3 Excluding float revenue, Ascender, ADAM HCM, and eloomi revenue, and on a constant currency basis. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.

    Business Highlights

    • Dayforce was named a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for the fifth consecutive year in October 2024. The Company also scored highest in both North American Compliance Suite 1,000-2,500 and North American Compliance Suite 2,500+ in the 2024 Critical Capabilities report for Cloud HCM Suites for Enterprises with 1000+ Employees.
    • The Company earned a 2024 Top HR Products of the Year Award from Human Resources Executive Magazine for Dayforce Career Explorer and placed on the Constellation ShortList™ within four categories: Workforce Management Suites, HCM Suites with a North American Focus, Global HCM Suites, and Payroll for North American SMBs.
    • Dayforce attained a five-star rating for the second year in a row on Newsweek’s list of America’s Greenest Companies 2025, recognized by TIME Magazine as one of the World’s Most Sustainable Companies 2024, named a Top 10 company for workers by JUST Capital, placed on the Most Loved Workplaces list for young professionals, and awarded a TrustRadius Tech Cares award for the company’s efforts in social responsibility and volunteerism.

    Sales Highlights

    • A North American hospitality company that specializes in managing and developing luxury hotels and resorts selected the full Dayforce suite to support 22,000 employees across U.S., Mexico, and Canada.
    • A major multi-brand Australian retailer has selected Dayforce as its unified HCM solution to support their 12,000 employees across Australia and New Zealand.
    • A global manufacturing and distribution leader, operating in over 12 countries, selected the full Dayforce suite to enhance the experience of 8,500 employees across the United States and Canada.
    • A wholesale distributor of food service and janitorial supplies, with 7,200 employees in the U.S. and Canada chose Dayforce as its comprehensive human capital management solution, opting for the full Dayforce suite of products with Managed Benefits.
    • A world-leading manufacturer and retailer of footwear chose the full Dayforce suite to support its 5,300 employees globally.
    • A U.S.-based online gaming and sports entertainment company chose Dayforce Managed Payroll Services to support its 4,100 employees across the U.S., Canada, and the United Kingdom (“U.K.”).
    • A U.K.-based clothing retailer chose the full Dayforce Talent suite and Global Payroll to effectively manage its workforce of 3,800 employees across 12 countries.
    • A U.S. construction company selected the full Dayforce suite for consolidating and modernizing its systems across 48 states and 32 unique FEINs for its 3,500 employees.
    • A regional commuter railroad corporation in the U.S. has chosen Dayforce as its unified HCM solution, including the full Talent Suite, to effectively manage its workforce of 3,300 employees.
    • A global manufacturer and distributor of medical devices operating in 33 countries, chose Dayforce for Global Pay, Time, and Managed Benefits in the U.S. to support 2,300 employees.

    New Customer Highlights

    • A British multinational hotel and restaurant company with 38,000 employees went live across the U.K. with Dayforce Managed Payroll, HR, Workforce Management, and Talent.
    • A prominent U.S. manufacturer recently went live with Dayforce HR, Payroll, Time, Wallet, Document Management for its 10,000 employees.
    • A U.K. fashion retailer with 400 stores and 10,000 employees has recently implemented Dayforce HR, Workforce Management, Payroll, and Dayforce Wallet.
    • A leading senior living organization recently deployed the full Dayforce suite, supporting 6,300 active employees across the U.S.
    • A well-established U.S. logistics company has gone live with the full Dayforce suite to support its 5,200 employees.
    • A well-established U.S.-based insurance company has gone live with the full Dayforce suite supporting its 4,800 employees across North America.
    • A North American technology company migrated to Dayforce Managed Payroll to support nearly 4,700 U.S. employees.
    • A global office furniture manufacturer has implemented Dayforce HR, Payroll, Time, Analytics, and Dayforce Wallet for almost 4,000 U.S. employees.
    • A U.S.-based energy services company with 1,200 employees has implemented Dayforce Payroll, Benefits, Time, Core HR, Onboarding, and Recruiting.
    • A nonprofit organization dedicated to the governance and promotion of golf in America recently undertook a full-suite implementation of Dayforce to support its 400 employees.

    Product Roadmap Highlights

    In the third quarter, Dayforce launched new product capabilities to help Dayforce customers realize quantifiable value through enriched workforce engagement, enhanced analytics, and improved employee financial wellness, and to update their compliance capabilities.

    • The new Dayforce Learning was announced, with enhancements that will better equip organizations with the advanced learning and development capabilities needed to grow, engage, and enrich their workforces.
    • Dayforce People Analytics enhancements include:
      • Measures, a new KPI and performance management tool, that surfaces performance across 28+ metrics, allowing organizations to configure intelligent nudges that can surface changes requiring their attention
      • Data Cards display Measures in the Advanced Experience Hub, embedding awareness of performance metrics across the organization
      • Machine learning enhanced prediction gives organizations a view into future performance
    • Dayforce Wallet updates include a new Savings feature, which allows users to route some of their earnings into a saving plan, a new Cashless Tips feature, which allows employers to pay out pre-tax or net tips by automating their distribution at the end of a shift, and a new Dayforce Wallet widget that integrates on-demand pay into Dayforce Hub, allowing employees to view and request available pay directly. As of September 30, 2024, over 1,290 customers were live on Dayforce Wallet.
    • Dayforce Payroll enhancements include a reimagined payroll experience that offers real-time insight into pay variances, helping users detect anomalies by highlighting areas needing attention.
    • 240+ compliance updates up to the end of the third quarter, will bolster the Company’s industry-leading position in compliance by addressing changes in regional taxes, workers’ compensation, garnishments, and multiple state and city rate changes.

    Business Outlook

    Based on information available as of October 30, 2024, Dayforce is issuing the following guidance for the fourth quarter and full year of 2024 as indicated below. Comparisons are on a year-over-year basis, unless stated otherwise.

    Guided Metrics   Full Year 2024   Fourth Quarter 2024
    Total revenue   $1,747 million to $1,752 million, an increase of 15% to 16% on a GAAP basis or 16% on a constant currency basis.   $452 million to $457 million, an increase of 13% to 14% on a GAAP basis or 13% to 15% on a constant currency basis.
    Dayforce recurring revenue, excluding float   $1,163 million to $1,168 million, an increase of 21% on a GAAP and on a constant currency basis.   $311 million to $316 million, an increase of 21% to 23% on a GAAP and on a constant currency basis.
    Float revenue   $192 million   $37 million
    Adjusted EBITDA   $492 million to $507 million   $120 million to $135 million

    Dayforce is also providing an initial outlook for full year 2025 as follows:

    • Total revenue growth, excluding float, between 14% and 15%, on a constant currency basis
    • Adjusted EBITDA margin above 31%
    • Free cash flow as a percentage of total revenue above 12%

    Dayforce has not reconciled the Adjusted EBITDA ranges, Adjusted EBITDA margin, or free cash flow for the fourth quarter or full years of 2024 or 2025 to the directly comparable GAAP financial measures because applicable information for the future period, on which these reconciliations would be based, is not available without unreasonable efforts due to uncertainty regarding, and the potential variability of, depreciation and amortization, share-based compensation expense and related employer taxes, changes in foreign currency exchange rates, and other items.

    Foreign Exchange

    For the fourth quarter of 2024, Dayforce’s guidance assumes an average U.S. dollar to Canadian dollar foreign exchange rate of $1.38, which results in an average rate of $1.37 for the full year of 2024, compared to an average rate of $1.36 and $1.35 for the fourth quarter and full year of 2023, respectively.

    Conference Call Details

    Dayforce will host a live webcast and conference call to discuss the third quarter 2024 earnings at 8:00 a.m. Eastern Time on October 30, 2024. Those wishing to participate via the webcast should access the call through the Investor Relations section of the Dayforce website. Those wishing to participate via the telephone may dial in at 877-497-9071 (USA) or 201-689-8727 (International). The webcast replay will be available through the Investor Relations section of the Dayforce website.

    About Dayforce

    Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on improving work for thousands of customers and millions of employees around the world. Our single, global people platform for HR, Pay, Time, Talent, and Analytics equips Dayforce customers to unlock their full workforce potential and operate with confidence. To learn how Dayforce helps create quantifiable value for organizations of all sizes and industries, visit dayforce.com.

    Forward-Looking Statements

    This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give Dayforce’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance, and business. Users can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements in this press release include statements relating to the fourth quarter and full fiscal years of 2024 and 2025, as well as those relating to future growth initiatives. These statements may include words such as “anticipate,” “estimate,” “expect,” “assume”, “project,” “seek,” “plan,” “intend,” “believe,” “will,” “may,” “could,” “continue,” “likely,” “should,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events, but not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release are based on assumptions that Dayforce has made in light of its industry experience and its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. As users consider this press release, it should be understood that these statements are not guarantees of performance or results. These assumptions and Dayforce’s future performance or results involve risks and uncertainties (many of which are beyond its control). In particular:

    • its inability to maintain its high Cloud solutions growth rate, manage its domestic and international growth effectively, or execute on its growth strategy;
    • the impact of disruptions to the movement of funds to initiate payroll-related transactions on behalf of  customers;
    • its failure to manage its aging technical operations infrastructure;
    • system breaches, interruptions or failures, including cyber-security breaches, identity theft, or other disruptions that could compromise customer information or sensitive company information, including its ongoing consent order with the Federal Trade Commission regarding data protection;
    • its failure to comply with applicable privacy, data protection, information security, and financial services laws, regulations and standards;
    • its inability to successfully compete in the markets in which Dayforce operates and expand its current offerings into new markets or further penetrate existing markets due to competition;
    • its failure to properly update its solutions to enable its customers to comply with applicable laws;
    • its failure to provide new or enhanced functionality and features, including those that may involve artificial intelligence or machine learning;
    • its inability to maintain necessary third-party relationships, and third-party software licenses, and identify errors in the software it licenses;
    • its inability to offer and deliver high-quality technical support, implementation, and professional services;
    • its inability to attract and retain senior management employees and highly skilled employees;
    • the impact of its outstanding debt obligations on its financial condition, results of operations, and value of its common stock;
    • its ability to maintain effective internal control over financial reporting, and the effect of the existing material weakness in its internal control over financial reporting on its business, financial condition, and results of operations; or
    • the impact of adverse economic and market conditions on its business, operating results, or financial condition.

    Although Dayforce has attempted to identify important risk factors, additional factors or events that could cause Dayforce’s actual performance to differ from these forward-looking statements may emerge from time to time, and it is not possible for Dayforce to predict all of them. Should one or more of these risks or uncertainties materialize, or should any of Dayforce’s assumptions prove incorrect, its actual financial condition, results of operations, future performance, and business may vary in material respects from the performance projected in these forward-looking statements. In addition to any factors and assumptions set forth above in this press release, the material factors and assumptions used to develop the forward-looking information include, but are not limited to: the general economy remains stable; the competitive environment in the HCM market remains stable; the demand environment for HCM solutions remains stable; Dayforce’s implementation capabilities and cycle times remain stable; foreign exchange rates, both current and those used in developing forward-looking statements, specifically U.S. dollar to Canadian dollar, remain stable at, or near, current rates; Dayforce will be able to maintain its relationships with its employees, customers, and partners; Dayforce will continue to attract qualified personnel to support its development requirements and the support of its new and existing customers; and that the risk factors noted above, individually or collectively, do not have a material impact on Dayforce. Any forward-looking statement made by Dayforce in this press release speaks only as of the date on which it is made. Dayforce undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

       
    Dayforce, Inc.
    Condensed Consolidated Balance Sheets
    (Unaudited)    		  
       
        September 30,     December 31,  
        2024     2023  
    (In millions, except per share data)            
    Assets            
    Current assets:            
    Cash and equivalents   $ 494.1     $ 570.3  
    Restricted cash     —       0.8  
    Trade and other receivables, net     255.8       228.8  
    Prepaid expenses and other current assets     153.3       126.7  
    Total current assets before customer funds     903.2       926.6  
    Customer funds     4,000.7       5,028.6  
    Total current assets     4,903.9       5,955.2  
    Right of use lease assets, net     14.7       19.1  
    Property, plant, and equipment, net     228.3       210.1  
    Goodwill     2,394.5       2,293.9  
    Other intangible assets, net     228.3       230.2  
    Deferred sales commissions     215.6       192.1  
    Other assets     131.7       110.3  
    Total assets   $ 8,117.0     $ 9,010.9  
                 
    Liabilities and stockholders’ equity            
    Current liabilities:            
    Current portion of long-term debt   $ 7.3     $ 7.6  
    Current portion of long-term lease liabilities     6.0       7.0  
    Accounts payable     73.1       66.7  
    Deferred revenue     42.7       40.2  
    Employee compensation and benefits     77.9       92.9  
    Other accrued expenses     66.3       30.4  
    Total current liabilities before customer funds obligations     273.3       244.8  
    Customer funds obligations     4,004.6       5,090.1  
    Total current liabilities     4,277.9       5,334.9  
    Long-term debt, less current portion     1,209.9       1,210.1  
    Employee benefit plans     25.0       27.7  
    Long-term lease liabilities, less current portion     14.0       18.9  
    Other liabilities     34.2       21.1  
    Total liabilities     5,561.0       6,612.7  
    Commitments and contingencies            
    Stockholders’ equity:            
    Common stock, $0.01 par, 500.0 shares authorized, 157.8 and 156.3 shares issued and outstanding, respectively     1.6       1.6  
    Additional paid in capital     3,291.5       3,151.1  
    Accumulated deficit     (340.5 )     (317.8 )
    Accumulated other comprehensive loss     (396.6 )     (436.7 )
    Total stockholders’ equity     2,556.0       2,398.2  
    Total liabilities and stockholders’ equity   $ 8,117.0     $ 9,010.9  
       
    Dayforce, Inc.
    Condensed Consolidated Statements of Operations
    (Unaudited)    		  
       
        Three Months Ended
    September 30,    		     Nine Months Ended
    September 30,    		  
        2024     2023     2024     2023  
    (In millions, except per share data)                        
    Revenue:                        
    Recurring   $ 375.9     $ 325.4     $ 1,123.6     $ 958.2  
    Professional services and other     64.1       52.1       171.2       155.8  
    Total revenue     440.0       377.5       1,294.8       1,114.0  
    Cost of revenue:                        
    Recurring     87.4       80.5       265.1       239.4  
    Professional services and other     75.1       66.1       210.8       197.0  
    Product development and management     55.4       53.3       166.8       153.5  
    Depreciation and amortization     20.8       17.1       58.6       47.4  
    Total cost of revenue     238.7       217.0       701.3       637.3  
    Gross profit     201.3       160.5       593.5       476.7  
    Selling and marketing     86.4       61.8       248.5       177.5  
    General and administrative     94.1       72.2       269.4       204.9  
    Operating profit     20.8       26.5       75.6       94.3  
    Interest expense, net     8.8       8.9       33.2       27.2  
    Other (income) expense, net     (6.3 )     5.1       5.7       6.6  
    Income before income taxes     18.3       12.5       36.7       60.5  
    Income tax expense     16.3       16.3       29.4       51.3  
    Net income (loss)   $ 2.0     $ (3.8 )   $ 7.3     $ 9.2  
    Net income (loss) per share:                        
    Basic   $ 0.01     $ (0.02 )   $ 0.05     $ 0.06  
    Diluted   $ 0.01     $ (0.02 )   $ 0.05     $ 0.06  
    Weighted average shares outstanding:                        
    Basic     158.1       155.7       157.6       155.0  
    Diluted     159.7       155.7       159.9       158.2  
       
    Dayforce, Inc.
    Condensed Consolidated Statements of Cash Flows
    (Unaudited)    		  
       
        Nine Months Ended
    September 30,    		  
        2024     2023  
    (In millions)            
    Cash flows from operating activities            
    Net income   $ 7.3     $ 9.2  
    Adjustments to reconcile net income to net cash provided by operating activities:            
    Deferred income tax (benefit) expense     (27.5 )     13.9  
    Depreciation and amortization     151.5       84.1  
    Amortization of debt issuance costs and debt discount     3.2       3.3  
    Loss on debt extinguishment     4.3       —  
    Provision for doubtful accounts     4.7       4.2  
    Net periodic pension and postretirement cost     7.6       0.9  
    Share-based compensation expense     118.4       118.0  
    Change in fair value of contingent consideration     9.0       11.8  
    Other     (1.2 )     0.3  
    Changes in operating assets and liabilities, excluding effects of acquisitions:            
    Trade and other receivables     (26.2 )     (62.0 )
    Prepaid expenses and other current assets     (4.5 )     (20.1 )
    Deferred sales commissions     (22.9 )     (25.9 )
    Accounts payable and other accrued expenses     5.9       8.5  
    Deferred revenue     (6.5 )     7.5  
    Employee compensation and benefits     (16.1 )     (23.2 )
    Accrued taxes     22.5       11.0  
    Payment of contingent consideration     (20.9 )     —  
    Other assets and liabilities     (8.5 )     (11.9 )
    Net cash provided by operating activities     200.1       129.6  
                 
    Cash flows from investing activities            
    Purchases of customer funds marketable securities     (483.2 )     (252.0 )
    Proceeds from sale and maturity of customer funds marketable securities     283.4       326.4  
    Purchases of marketable securities     (10.0 )     —  
    Proceeds from sale and maturity of marketable securities     7.6       —  
    Expenditures for property, plant, and equipment     (8.7 )     (15.4 )
    Expenditures for software and technology     (74.1 )     (72.9 )
    Acquisition costs, net of cash acquired     (173.1 )     —  
    Other     —       (1.0 )
    Net cash used in investing activities     (458.1 )     (14.9 )
                 
    Cash flows from financing activities            
    (Decrease) increase in customer funds obligations, net     (1,049.9 )     311.0  
    Proceeds from issuance of common stock under share-based compensation plans     22.0       40.3  
    Repurchases of common stock     (28.8 )     —  
    Proceeds from debt issuance     650.0       —  
    Repayment of long-term debt obligations     (646.5 )     (6.0 )
    Payment of debt refinancing costs     (11.4 )     —  
    Payment of contingent consideration     (3.0 )     —  
    Net cash (used in) provided by financing activities     (1,067.6 )     345.3  
                 
    Effect of exchange rate changes on cash, restricted cash, and equivalents     (18.2 )     5.1  
    Net (decrease) increase in cash, restricted cash, and equivalents     (1,343.8 )     465.1  
    Cash, restricted cash, and equivalents at beginning of period     3,421.4       3,151.2  
    Cash, restricted cash, and equivalents at end of period   $ 2,077.6     $ 3,616.3  
                 
    Reconciliation of cash, restricted cash, and equivalents to the condensed consolidated balance sheets            
    Cash and equivalents   $ 494.1     $ 510.3  
    Restricted cash     —       0.8  
    Restricted cash and equivalents included in customer funds     1,583.5       3,105.2  
    Total cash, restricted cash, and equivalents   $ 2,077.6     $ 3,616.3  
       
    Dayforce, Inc.
    Revenue Financial Measures
    (Unaudited)    		  
       
        Three Months Ended September 30,     Percentage change in revenue     Impact of
    changes in
    foreign
    currency (a)    		     Percentage change in revenue on a constant currency basis (a)  
        2024     2023     2024 vs. 2023           2024 vs. 2023  
        (In millions)                    
    Revenue:                              
    Recurring revenue:                              
    Dayforce recurring, excluding float   $ 292.0     $ 245.6       18.9 %     (0.1 )%     19.0 %
    Dayforce float     41.2       34.0       21.2 %     (0.3 )%     21.5 %
    Total Dayforce recurring     333.2       279.6       19.2 %     (0.1 )%     19.3 %
    Powerpay recurring, excluding float     20.2       19.6       3.1 %     (2.0 )%     5.1 %
    Powerpay float     4.2       4.4       (4.5 )%     (2.2 )%     (2.3 )%
    Total Powerpay recurring     24.4       24.0       1.7 %     (2.0 )%     3.7 %
    Total Cloud recurring     357.6       303.6       17.8 %     (0.3 )%     18.1 %
    Other recurring (b)     18.3       21.8       (16.1 )%     0.9 %     (17.0 )%
    Total recurring revenue     375.9       325.4       15.5 %     (0.2 )%     15.7 %
    Professional services and other (c)     64.1       52.1       23.0 %     (— )%     23.0 %
    Total revenue   $ 440.0     $ 377.5       16.6 %     (0.1 )%     16.7 %
    a) Dayforce has calculated percentage change in revenue on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.
    b) Float attributable to Other recurring was $0.2 million and $0.4 million for the three months ended September 30, 2024, and 2023, respectively.
    c) For the three months ended September 30, 2024, Professional services and other consisted of $61.8 million and $2.3 million associated with Dayforce and Other, respectively. For the three months ended September 30, 2023, Professional services and other consisted of $48.2 million, $3.8 million, and $0.1 million associated with Dayforce, Other, and Powerpay, respectively.
        Nine Months Ended September 30,     Percentage change in revenue    
    Impact of
    changes in
    foreign
    currency (a)    		     Percentage change in revenue on a constant currency basis (a)  
        2024     2023     2024 vs. 2023           2024 vs. 2023  
        (In millions)                    
    Revenue:                              
    Recurring revenue:                              
    Dayforce recurring, excluding float   $ 852.1     $ 706.5       20.6 %     (0.2 )%     20.8 %
    Dayforce float     139.9       112.5       24.4 %     (0.2 )%     24.6 %
    Total Dayforce recurring     992.0       819.0       21.1 %     (0.2 )%     21.3 %
    Powerpay recurring, excluding float     60.6       58.8       3.1 %     (1.2 )%     4.3 %
    Powerpay float     14.4       13.4       7.5 %     (0.7 )%     8.2 %
    Total Powerpay recurring     75.0       72.2       3.9 %     (1.1 )%     5.0 %
    Total Cloud recurring     1,067.0       891.2       19.7 %     (0.3 )%     20.0 %
    Other recurring (b)     56.6       67.0       (15.5 )%     (1.0 )%     (14.5 )%
    Total recurring revenue     1,123.6       958.2       17.3 %     (0.3 )%     17.6 %
    Professional services and other (c)     171.2       155.8       9.9 %     (0.2 )%     10.1 %
    Total revenue   $ 1,294.8     $ 1,114.0       16.2 %     (0.3 )%     16.5 %
    a) Dayforce has calculated percentage change in revenue on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.
    b) Float attributable to Other recurring was $0.9 million and $1.6 million for the nine months ended September 30, 2024, and 2023, respectively.
    c) For the nine months ended September 30, 2024, Professional services and other consisted of $164.4 million, $6.6 million, and $0.2 million associated with Dayforce, Other, and Powerpay, respectively. For the three months ended September 30, 2023, Professional services and other consisted of $144.6 million, $11.1 million, and $0.1 million associated with Dayforce, Other, and Powerpay, respectively.
       
    Dayforce, Inc.
    Share-Based Compensation Expense and Related Employer Taxes
    (Unaudited)    		  
       
        Three Months Ended
    September 30,    		     Nine Months Ended
    September 30,    		  
        2024     2023     2024     2023  
        (in millions)  
    Cost of revenue – Cloud   $ 3.0     $ 3.9     $ 9.6     $ 11.9  
    Cost of revenue – Other     0.6       0.5       1.7       1.2  
    Professional services and other     4.0       4.4       11.7       13.5  
    Product development and management     8.1       7.8       25.0       25.7  
    Sales and marketing     9.4       6.4       27.2       19.0  
    General and administrative     14.5       13.4       43.2       47.0  
    Total   $ 39.6     $ 36.4     $ 118.4     $ 118.3  
       
    Dayforce, Inc.
    Reconciliation of GAAP to Non-GAAP Financial Measures
    (Unaudited)    		  
       
    The following tables reconcile Dayforce’s reported results to its non-GAAP financial measures:  
       
        Three Months Ended September 30, 2024  
        As reported     As reported margins (a)     Share-based
    compensation    		     Amortization     Other (b)     As adjusted (b)     As adjusted margins (a)  
        (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue   $ 75.1       79.0 %   $ 3.0     $ —     $ 0.1     $ 72.0       79.9 %
                                               
    Operating profit   $ 20.8       4.7 %   $ 39.6     $ 29.6     $ 13.2     $ 103.2       23.5 %
                                               
    Net income   $ 2.0       0.5 %   $ 39.6     $ 29.6     $ 3.3     $ 74.5       16.9 %
    Interest expense, net     8.8             —       —       —       8.8        
    Income tax expense (c)     16.3             —       —       (4.0 )     20.3        
    Depreciation and amortization     52.1             —       29.6       —       22.5        
    EBITDA   $ 79.2           $ 39.6     $ —     $ 7.3     $ 126.1       28.7 %
                                               
    Net income per share – diluted (d)   $ 0.01           $ 0.25     $ 0.19     $ 0.02     $ 0.47        
    a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net (loss) income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items including $9.0 million related to the fair value adjustment for the DataFuzion contingent consideration, $3.2 million of restructuring expenses, $3.2 million of costs associated with the planned termination of its frozen U.S. pension plan, $1.0 million of fees associated with initiating the receivables securitization program, and $9.1 million of foreign exchange gain, along with a $4.0 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
    d) GAAP and Adjusted diluted net income per share are calculated based upon 159.7 million weighted average shares of common stock.
        Three Months Ended September 30, 2023  
        As reported     As reported margins (a)     Share-based
    compensation    		     Amortization     Other (b)     As adjusted (b)     As adjusted margins (a)  
        (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue   $ 69.9       77.0 %   $ 3.9     $ —     $ —     $ 66.0       78.3 %
                                               
    Operating profit   $ 26.5       7.0 %   $ 36.4     $ 20.5     $ 6.0     $ 89.4       23.7 %
                                               
    Net (loss) income   $ (3.8 )     (1.0 )%   $ 36.4     $ 20.5     $ 5.2     $ 58.3       15.4 %
    Interest expense, net     8.9             —       —       —       8.9        
    Income tax expense (c)     16.3             —       —       (5.5 )     21.8        
    Depreciation and amortization     38.7             —       20.5       —       18.2        
    EBITDA   $ 60.1           $ 36.4     $ —     $ 10.7     $ 107.2       28.4 %
                                               
    Net (loss) income per share – diluted (d)   $ (0.02 )         $ 0.23     $ 0.13     $ 0.03     $ 0.37        
    a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items including $4.7 million of foreign exchange loss, $4.6 million related to the impact of the fair value adjustment for the DataFuzion contingent consideration, $1.2 million of restructuring expenses, and $0.2 million related to the abandonment of certain leased facilities, along with a $5.5 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
    d) GAAP diluted net loss per share is calculated based upon 155.7 weighted average shares of common stock, and Adjusted diluted net income per share is calculated based upon 158.8 million weighted average shares of common stock.
        Nine Months Ended September 30, 2024  
        As reported     As reported margins (a)     Share-based
    compensation    		     Amortization     Other (b)     As adjusted (b)     As adjusted margins (a)  
        (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue   $ 228.5       78.6 %   $ 9.6     $ —     $ 0.9     $ 218.0       79.6 %
                                               
    Operating profit   $ 75.6       5.8 %   $ 118.4     $ 87.5     $ 25.7     $ 307.2       23.7 %
                                               
    Net income   $ 7.3       0.6 %   $ 118.4     $ 87.5     $ 5.5     $ 218.7       16.9 %
    Interest expense, net     33.2             —       —       —       33.2        
    Income tax expense (c)     29.4             —       —       (27.0 )     56.4        
    Depreciation and amortization     151.5             —       87.5       —       64.0        
    EBITDA   $ 221.4           $ 118.4     $ —     $ 32.5     $ 372.3       28.8 %
                                               
    Net income per share – diluted (d)   $ 0.05           $ 0.74     $ 0.55     $ 0.03     $ 1.37        
    a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items including $15.7 million of restructuring expenses, $9.7 million of costs associated with the planned termination of its frozen U.S. pension plan, $9.0 million related to the fair value adjustment for the DataFuzion contingent consideration, $1.0 million of fees associated with initiating the receivables securitization program, and $2.9 million of foreign exchange gain, along with a $27.0 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
    d) GAAP and Adjusted diluted net income per share are calculated based upon 159.9 million weighted average shares of common stock.
        Nine Months Ended September 30, 2023  
        As reported     As reported margins (a)     Share-based
    compensation    		     Amortization     Other (b)     As adjusted (b)     As adjusted margins (a)  
        (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue   $ 204.8       77.0 %   $ 11.9     $ —     $ —     $ 192.9       78.4 %
                                               
    Operating profit   $ 94.3       8.5 %   $ 118.3     $ 32.7     $ 15.6     $ 260.9       23.4 %
                                               
    Net income   $ 9.2       0.8 %   $ 118.3     $ 32.7     $ (1.8 )   $ 158.4       14.2 %
    Interest expense, net     27.2             —       —       —       27.2        
    Income tax expense (c)     51.3             —       —       (22.7 )     74.0        
    Depreciation and amortization     84.1             —       32.7       —       51.4        
    EBITDA   $ 171.8           $ 118.3     $ —     $ 20.9     $ 311.0       27.9 %
                                               
    Net income per share – diluted (d)   $ 0.06           $ 0.75     $ 0.21     $ (0.01 )   $ 1.00        
    a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items including $11.8 million related to the impact of the fair value adjustment for the DataFuzion contingent consideration, $5.3 million of foreign exchange loss, $3.4 million of restructuring expenses, and $0.4 million related to the abandonment of certain leased facilities, along with a $22.7 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
    d) GAAP and Adjusted diluted net income per share are calculated based upon 158.2 million weighted average shares of common stock.
       
    Dayforce, Inc.
    Reconciliation of Free Cash Flow
    (Unaudited)    		  
       
        Three Months Ended
    September 30,    		     Nine Months Ended
    September 30,    		  
        2024     2023     2024     2023  
        (In millions)  
    Net cash provided by operating activities   $ 91.8     $ 36.6     $ 200.1     $ 129.6  
    Expenditures for property, plant, and equipment     (2.0 )     (5.3 )     (8.7 )     (15.4 )
    Expenditures for software and technology     (26.4 )     (26.5 )     (74.1 )     (72.9 )
    Free cash flow   $ 63.4     $ 4.8     $ 117.3     $ 41.3  


    Non-GAAP Financial Measures

    Dayforce uses certain non-GAAP financial measures in this release including:

    Non-GAAP Financial Measure   GAAP Financial Measure
    EBITDA   Net (loss) income
    Adjusted EBITDA   Net (loss) income
    Adjusted EBITDA margin   Net profit margin
    Adjusted Cloud recurring gross margin   Cloud recurring gross margin
    Adjusted operating profit   Operating profit
    Adjusted operating profit margin   Operating profit margin
    Adjusted net income   Net (loss) income
    Adjusted net profit margin   Net profit margin
    Adjusted diluted net income per share   Diluted net (loss) income per share
    Free cash flow   Net cash provided by operating activities
    Percentage change in revenue, including total revenue and revenue by solution, on a constant currency basis   Percentage change in revenue, including total revenue and revenue by solution
    Dayforce recurring revenue per customer   No directly comparable GAAP measure

    Dayforce believes that these non-GAAP financial measures are useful to management and investors as supplemental measures to evaluate its overall operating performance including comparison across periods and with competitors. Dayforce’s management team uses these non-GAAP financial measures to assess operating performance because these financial measures exclude the results of decisions that are outside the normal course of its business operations, and are used for internal budgeting and forecasting purposes both for short- and long-term operating plans. Additionally, Adjusted EBITDA is a component of its management incentive plan and Adjusted Cloud recurring gross margin and Adjusted operating profit are components of certain performance based equity awards for its named executive officers. Additionally, Dayforce believes that the non-GAAP financial measure free cash flow is meaningful to investors because it is a measure of liquidity that provides useful information in understanding and evaluating the strength of Dayforce’s liquidity and future ability to generate cash that can be used for strategic opportunities or investing in its business. The exclusion of capital expenditures facilitates comparisons of Dayforce’s liquidity on a period-to-period basis and excludes items that management does not consider to be indicative of Dayforce’s liquidity.

    These non-GAAP financial measures are not required by, defined under, or presented in accordance with, GAAP, and should not be considered as alternatives to Dayforce’s results as reported under GAAP, have important limitations as analytical tools, and its use of these terms may not be comparable to similarly titled measures of other companies in its industry. Dayforce’s presentation of non-GAAP financial measures should not be construed to imply that its future results will be unaffected by similar items to those eliminated in this presentation. Please refer to Dayforce’s full financial results, including further discussion of non-GAAP financial measures, on the Investor Relations portion of its website at investors.dayforce.com.

    Dayforce defines its non-GAAP financial measures as follows:

    • EBITDA is defined as net (loss) income before interest, taxes, depreciation, and amortization, and Adjusted EBITDA is EBITDA, as adjusted to exclude share-based compensation expense and related employer taxes, and certain other items.
    • Adjusted EBITDA margin is determined by calculating the percentage Adjusted EBITDA is of total revenue.
    • Adjusted Cloud recurring gross margin is defined as Cloud recurring gross margin, as adjusted to exclude share-based compensation and related employer taxes, and certain other items, as a percentage of total Cloud recurring revenue.
    • Adjusted operating profit is defined as operating profit, as adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items.
    • Adjusted net income is defined as net (loss) income, as adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items, all of which are adjusted for the effect of income taxes.
    • Adjusted net profit margin is determined by calculating the percentage Adjusted net income is of total revenue.
    • Adjusted diluted net income per share is calculated by dividing adjusted net income by diluted weighted average common shares outstanding. When adjusted diluted net income per share is positive, diluted weighted average common shares outstanding incorporate the effect of dilutive equity instruments.
    • Free cash flow is defined as net cash provided by operating activities, as adjusted to exclude capital expenditures.
    • Percentage change in revenue, including total revenue and revenue by solution, on a constant currency basis is calculated by applying the average foreign exchange rate in effect during the comparable prior period.
    • Dayforce recurring revenue per customer is an indicator of the average size of Dayforce recurring revenue customers. To calculate Dayforce recurring revenue per customer, the Company starts with Dayforce recurring revenue on a constant currency basis by applying the same exchange rate to all comparable periods for the trailing twelve months and excludes float revenue and Ascender, ADAM HCM, and eloomi revenue. This amount is divided by the number of live Dayforce customers at the end of the trailing twelve month period, excluding Ascender, ADAM HCM, and eloomi. The Company has not reconciled the Dayforce recurring revenue per customer because there is no directly comparable GAAP financial measure.

    Source: Dayforce, Inc.

    For further information, please contact:

    Investor Relations
    1-844-829-9499
    investors@dayforce.com

    Public Relations
    1-647-417-2117
    teri.murphy@dayforce.com

    The MIL Network –

  • MIL-OSI Global: Do we need a European DARPA to cope with technological challenges in Europe?

    Source: The Conversation – France – By David W. Versailles, Professor, strategic management and innovation management, co-director of PSB’s newPIC chair, PSB Paris School of Business

    The headquarters of the Defense Advanced Research Projects Agency (DARPA) in Arlington, Virginia. ajay_suresh/Flickr, CC BY

    The US Defense Advanced Research Projects Agency (DARPA) is often held as a model for driving technology advances. For decades, it has contributed to military and economic dominance by bridging the gap between military and civilian applications. European policymakers frequently reference DARPA in discussions, as outlined in the 2024 Draghi Report, but an EU equivalent has yet to materialise. To create such an agency, the governance and management of European innovation programmes would need drastic changes.

    DARPA supports disruptive innovation

    Founded in 1958, DARPA operates under the US Department of Defense (DoD) with a straightforward mission: to fund high-risk technological programmes that could lead to radical innovation. DARPA provides support throughout the innovation process, focusing on environments where new uses for technology must be invented or adapted. Although part of the DoD, DARPA funds projects that promise technological and economic superiority whether they align with current military priorities or not. DARPA has backed projects like ARPANET, the precursor to the internet, and the GPS. Today, DARPA shows interest in autonomous vehicles for urban areas and new missile technologies.

    As part of its core mission, DARPA accepts high financial risks on exploration projects and makes long-term commitments to these projects. Many emblematic successes explain why DARPA is a reference agency. However, the list of failed projects is even longer. Both failures and successes feed the exploration process in emerging industrial sectors. They represent opportunities to learn together and build collective strategies in innovation ecosystems.

    Five key principles of DARPA

    DARPA’s success stems not just from its stability but from adhering to five organisational principles that allow it to explore deep tech in an open innovation context:

    • Independence: DARPA operates independently from other military services, research & development centres and federal agencies, allowing it to explore options outside dominant research paradigms. While cooperation is possible, its decisions and directions are not influenced by other parts of the federal administration.

    • Agility: The agency’s flat organisational structure minimises bureaucracy. Its independent decision-making processes and streamlined contracting allow it to pivot quickly, test new concepts and collaborate with academic or private sector partners. Agility also enables DARPA to test new exploration or experimentation methods that are often based on user-centric approaches. Potential military or civilian end-users are involved very early in innovation projects to discuss potential uses and applications. This approach has recently led DARPA to absorb the Strategic Capabilities Office (SCO), where officers from the different military services (Army, Air Force, Navy and Marines) and all military ranks test new technological solutions (from different maturity levels), fostering co-creation processes with military innovators and expanding the agency’s impact.

    • Sponsorship: High-ranking executives within the DoD and other federal administrations (NASA, Department of Energy) endorse, but do not commission, DARPA’s projects. This sponsorship model increases a project’s potential impact and allows for swift adaptation if a project fails.

    • Community building: DARPA creates innovation communities with a mix of diverse expertise. By bringing different perspectives together, it fosters collective strategies essential for disruptive innovation.

    • Diverse leadership: Project managers come from a range of backgrounds, including civilian experts, military officers and private-sector professionals. All have demonstrated scientific and technological expertise and a solid capability to bridge dreams and foresight with reality. All have a perfect command of risk and complexity management. Managers serve three- to four-year terms focused on driving technological disruption and building new innovation ecosystems. Their diverse expertise sets DARPA apart from other federal agencies.

    The challenge of a European DARPA

    The Draghi Report on European competitiveness suggests that a European DARPA could help bridge technological gaps, reduce dependencies and accelerate the green transition. However, implementing this model would require a seismic shift in how European agencies operate. Creating a new agency would be ineffective without ensuring that all principles underlying the success of DARPA are implemented in Europe.

    Even if Europe actively promotes deep tech and devotes significant budgets to it, European public policies and ways of working prevailing in national and European agencies are hardly consistent with the DARPA model. European agencies do not have much autonomy in their decisions about the exploration of new ventures or human resource management. They clearly demonstrate an outcome-focused orientation inconsistent with DARPA’s approach to risk.

    Two main challenges

    European agencies often lack the stable missions, scope and ambition seen at DARPA. The European Space Agency (ESA), the European Defence Agency (EDA) and Eurocontrol highlight the difficulties in developing cohesive, cross-border innovation ecosystems. A European DARPA would require a unified ambition among EU member states, a challenging feat given the institutional and geopolitical divides within Europe. The debates around the European Defence Fund illustrate how complex it is to reach consensus on shared objectives and funding.

    Adopting DARPA’s five organisational principles would represent a cultural revolution for European agencies in relation to EU bureaucratic norms and the budgetary controls of individual member states. Implementing these changes would also disrupt the existing power balance between countries. The DARPA model is inconsistent with the European “fair returns” model that refers to proportionality rules between funding, research operations and then industrial repartition during the production phase between member states in each project. The DARPA model would only focus on existing competencies, excellence, risk-taking approaches and entrepreneurial mindsets.

    Establishing a European DARPA would require a fundamental rethinking of public policy management in Europe. Its success would depend on whether European stakeholders are willing to adopt DARPA’s core principles, including its independence, agility and willingness to accept failure. Creating an agency is one thing; ensuring it adheres to the structures that make DARPA effective is another. The question remains: Is Europe ready for this transformation?

    David W. Versailles has received funding from the French Ministry of Defence to develop this research.

    Valérie Mérindol has received funding from the French Ministry of the Armed Forces to develop this research.

    – ref. Do we need a European DARPA to cope with technological challenges in Europe? – https://theconversation.com/do-we-need-a-european-darpa-to-cope-with-technological-challenges-in-europe-240696

    MIL OSI – Global Reports –

  • MIL-OSI Europe: Written question – The urgent need to control children’s access to the internet – E-002210/2024

    Source: European Parliament

    22.10.2024

    Question for written answer  E-002210/2024
    to the Commission
    Rule 144
    Eleonora Meleti (PPE)

    Europe is very concerned to be witnessing the ever increasing use of the internet and social media by children and adolescents. Such use is often linked to addiction problems, mental health issues and aggressive behaviour in the real world. Young people spend a significant amount of time online and are exposed to a plethora of false information and bad role models, leading to increased levels of anxiety, depression and isolation, with worrying consequences for the development of their personality and their healthy mental development.

    Countries such as Australia are planning to impose age restrictions on social media use, while others like Belgium and Greece are outlawing the use of mobile phones in schools.

    In view of the above:

    • 1.Does the Commission plan on adopting EU-wide measures to restrict children’s access to social media, bearing in mind their effects on mental health and the concerns about addiction and violence?
    • 2.How does it intend to boost children’s digital education so that they learn from a young age how to protect themselves from the dangers of the internet, following up also on the new European strategy for a better internet for kids (BIK+)?

    Submitted: 22.10.2024

    Last updated: 30 October 2024

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Spanish Government measures’ compatibility with press freedom defended by the EU – E-002172/2024

    Source: European Parliament

    18.10.2024

    Question for written answer  E-002172/2024
    to the Commission
    Rule 144
    Jean-Paul Garraud (PfE), Julie Rechagneux (PfE), Mélanie Disdier (PfE), Virginie Joron (PfE), Pascale Piera (PfE), Aleksandar Nikolic (PfE), Julien Sanchez (PfE), Afroditi Latinopoulou (PfE), Marie Dauchy (PfE), Juan Carlos Girauta Vidal (PfE), Julien Leonardelli (PfE), Nikola Bartůšek (PfE), António Tânger Corrêa (PfE), Margarita de la Pisa Carrión (PfE), Pierre Pimpie (PfE), Hermann Tertsch (PfE), Valérie Deloge (PfE), Marie-Luce Brasier-Clain (PfE), Jorge Buxadé Villalba (PfE), Fabrice Leggeri (PfE), Mireia Borrás Pabón (PfE)

    The Socialist Spanish Government intends to set up a media register as part of a democracy action plan to combat disinformation. Oversight of the register will fall to the National Markets and Competition Commission, led by Cani Fernandez, former adviser to prime minister Pedro Sánchez. The measure has raised concerns about the government indirectly exercising control over critical media.

    The plan comes about at a time when the prime minister’s wife is under investigation for influence peddling and corruption. During the investigation, Mr Sánchez refused to testify before the courts and labelled news outlets covering the story as ‘far-right’ media.

    The action plan raises a number of questions, particularly with regard to Article 11 of the Charter of Fundamental Rights of the European Union, which guarantees freedom of the press.

    • 1.Is the Commission aware of the measures taken by the Spanish Government, which have the potential to undermine press freedom?
    • 2.Has the Commission looked into the compatibility of these measures with Spain’s freedom of expression and freedom of the press obligations under EU law?
    • 3.What steps does the Commission intend to take to ensure that the fundamental principles of freedom of the press are upheld in Spain?

    Submitted: 18.10.2024

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Labeling and designation of non-animal origin products – E-002194/2024

    Source: European Parliament

    21.10.2024

    Question for written answer  E-002194/2024
    to the Commission
    Rule 144
    Esther Herranz García (PPE), Dolors Montserrat (PPE), Herbert Dorfmann (PPE), Céline Imart (PPE), Paulo Do Nascimento Cabral (PPE), Daniel Buda (PPE), Rosa Estaràs Ferragut (PPE), Susana Solís Pérez (PPE), Antonio López-Istúriz White (PPE), Adrián Vázquez Lázara (PPE), Salvatore De Meo (PPE), Gabriel Mato (PPE), Isabel Benjumea Benjumea (PPE), Nicolás Pascual De La Parte (PPE), Raúl de la Hoz Quintano (PPE), Elena Nevado del Campo (PPE), Maravillas Abadía Jover (PPE), Pablo Arias Echeverría (PPE), Carmen Crespo Díaz (PPE), Pilar del Castillo Vera (PPE), Borja Giménez Larraz (PPE)

    The Court of Justice of the European Union recently ruled in case C-438/23[1] that the criteria established by Regulation (EU) No 1169/2011[2] sufficiently protect consumers against misleading information even in cases of total substitution of the only component or ingredient that a consumer may expect to find in a food product referred to by a common or descriptive name that contains certain customary terms.

    Problems have arisen from the use of customary terms typically associated with meat products, such as ‘burger’, ‘steak’ or ‘sausage’, to refer to vegetarian or vegan foods.

    This judgment could lead to the fragmentation of the single market as it may allow Member States to establish differing legal definitions for such terms.

    • 1.Is the Commission considering drafting a legislative proposal to harmonise the use of these terms at EU level?
    • 2.Given that we are awaiting the proposal on front-of-pack food labeling, is the Commission considering including this issue in that proposal?

    Submitted: 21.10.2024

    • [1] Judgment of 4 October 2024 – Protéines France and Others, C-438/23, ECLI:EU:C:2024:826.
    • [2] Regulation (EU) No 1169/2011 of the European Parliament and of the Council of 25 October 2011 on the provision of food information to consumers (OJ L 304, 22.11.2011, p. 18, ELI: http://data.europa.eu/eli/reg/2011/1169/oj).
    Last updated: 30 October 2024

    MIL OSI Europe News –

  • MIL-OSI Europe: Latest news – 9 October 2024 – Constitutive meeting – Delegation for relations with the Pan-African Parliament

    Source: European Parliament

    At its constitutive meeting on 9 October 2024, the Delegation for relations with the Pan-African Parliament (DPAP) elected the following Bureau members:

    Chair: Ms Merja KYLLÖNEN (The Left, Finland)

    1st Vice-Chair: Mr Kristoffer STORM (ECR, Denmark)

    2nd Vice-Chair: Ms Stine BOSSE (Renew, Denmark)

    MIL OSI Europe News –

  • MIL-OSI Europe: Latest news – 30 September 2024 – Constitutive meeting – Delegation to the Africa-EU Parliamentary Assembly

    Source: European Parliament

    At its constitutive meeting on 30 September 2024, the Delegation to the Africa-EU Parliamentary Assembly (DAFR) elected the following Bureau members:

    Chair: Hilde VAUTMANS (Renew, Belgium)

    1st Vice-Chair: Michal WIEZIK (Renew, Slovakia)

    2nd Vice-Chair: Ingeborg TER LAAK (EPP, Netherlands)

    3rd Vice-Chair: Nicolas BAY (ECR, France)

    4th Vice-Chair: Christophe CLERGEAU (S&D, France)

    MIL OSI Europe News –