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Category: Finance

  • MIL-OSI Russia: Moscow Unveils New Tram Line on Sergey Radonezhsky Street

    Source: Moscow Transport

    The opening of a new tram line on Sergey Radonezhsky Street took place yesterday in the capital, which was a significant step forward in the development of the city’s public transport network. A new route – tram No. 2 – appeared on the line, connecting six districts of Moscow and becoming a convenient alternative for residents of the south-eastern, eastern and central districts of the city.

    Important benefits of opening a new tram line:

    • Faster, More Efficient Travel for Hundreds of Thousands:

    The newly launched Tram No. 2 route spans from 3rd Vladimirskaya Street to Kursky Train Station, offering a smooth and efficient journey in just 30 minutes. Previously, the same trip required approximately 40 minutes with two transfers. The new line is expected to benefit nearly 700,000 residents, providing them with convenient and direct access to key transportation hubs and social amenities.

    • Enhanced Connectivity and Accessibility:

    The tram line seamlessly integrates with the city’s existing transportation infrastructure, providing convenient transfers to 15 different stations, including Kursky Train Station, Moscow Central Diameter lines 2 and 4 (MCD-2, MCD-4), and metro stations Ploshchad Iliicha, Rimskaya, and others. Future plans include integrating the line with the Serp i Molot Moscow City Railway Station.

    • Modern Tram for a Modern City:

    The line is served by seven state-of-the-art Vityaz-Moskva trams, equipped with modern features including a low floor for easy accessibility, climate control, and charging stations. These trams operate on a 10-minute interval, ensuring frequent and efficient service.

    • Improved Urban Design:

    The introduction of the new tram line has also revitalized Sergey Radonezhsky Street. The even-numbered side now features a dedicated pedestrian walkway, providing a comfortable route for residents from their homes to the metro station and public transport stops. The roadway and sidewalks have been modernized, and the street is adorned with new lighting, navigation signs, and elevated tram stops.

    • Quiet and Efficient Travel:

    The construction of the new tram line incorporates innovative technology, featuring seamless track laying, rubber seals, and specialized vibration-damping mats. These design elements ensure quiet and smooth operation, enhancing the passenger experience. The 3.9-kilometer track is also separated from the roadway, further promoting safety and efficiency.

    • Investing in the Future of Public Transportation:

    This new tram line represents a significant investment in Moscow’s public transportation infrastructure and demonstrates the city’s commitment to providing efficient and accessible transport options for its residents. As the city celebrates the 125th anniversary of the Moscow tram, this new addition solidifies the tram’s role as an integral part of the city’s transport system

    The opening of the new tram line and the launch of Tram No. 2 provide residents with new, convenient routes for their daily commutes. The new line connects nine different railway lines, including metro, MCD, and MCC, and integrates over 200 social amenities, including schools, hospitals, and shopping centers, further enhancing accessibility for residents,- said Maksim Liksutov, Moscow’s Deputy Mayor for Transport and Industry.

    MIL OSI Russia News –

    September 29, 2024

  • MIL-OSI: Byrna Technologies to Report Fiscal Third Quarter 2024 Financial Results on Wednesday, October 9, 2024 at 9:00 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Wednesday, October 9, 2024 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal third quarter ended August 31, 2024. Financial results will be issued in a press release prior to the call.

    Byrna management will host the presentation, followed by a question-and-answer period.

    Date: Wednesday, October 9, 2024
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13748618

    Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

    The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna’s website.

    About Byrna Technologies Inc.

    Byrna is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

    Investor Contact:
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    BYRN@gateway-grp.com

    The MIL Network –

    September 29, 2024

  • MIL-OSI Russia: A new tram line has opened in Moscow on Sergius of Radonezh Street

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Transport

    Yesterday, the capital saw the opening of a new tram line on Sergius of Radonezh Street, which was a significant step forward in the development of the city’s public transport network. A new route appeared on the line – tram No. 2, which connected six districts of Moscow and became a convenient alternative for residents of the south-eastern, eastern and central districts of the city.

    Moscow Transport.

    Important advantages of opening the new tram line:

    Faster, more efficient travel for hundreds of thousands of people:

    The newly launched tram route #2 runs from 3rd Vladimirskaya Street to Kursky Station, providing a smooth and efficient journey in just 30 minutes. Previously, the same journey took around 40 minutes with two transfers. The new line is expected to benefit around 700,000 residents, providing them with convenient and direct access to key transport hubs and social infrastructure.

    Improved connectivity and accessibility:

    The tram line fits seamlessly into the city’s existing transport infrastructure, providing convenient transfers to 15 different stations, including Kursky Station, lines 2 and 4 of the Moscow Central Diameter (MCD-2, MCD-4), the metro stations “Ploshchad Ilyicha”, “Rimskaya” and others. Future plans include integrating the line with the Moscow City Railway Station “Serp i Molot”.

    A modern tram for a modern city:

    The line is served by seven modern Vityaz-Moskva trams, equipped with modern features including low floors for passenger comfort, climate control and charging stations. Trams run at 10-minute intervals, providing frequent and efficient service.

    Improving urban design:

    The introduction of the new tram line also enlivened Sergius of Radonezh Street. A dedicated pedestrian path appeared on the even side, providing residents with a convenient route from their home to the metro station and public transport stops. The roadway and sidewalks have been modernized, the street is decorated with new lighting, navigation signs and overground tram stops.

    Quiet and efficient travel:

    The new tram line uses innovative technologies: seamless rail laying, rubber seals and special vibration-damping mats. These design elements ensure a quiet and smooth ride, improving the passenger experience. In addition, the 3.9-kilometer track is separated from the roadway, which further improves safety and efficiency.

    Investing in the future of public transport:

    The new tram line represents a significant investment in Moscow’s public transport infrastructure and demonstrates the city’s commitment to providing residents with efficient and affordable transportation options. As the city celebrates the 125th anniversary of the Moscow tram, this new addition cements the tram’s role as an integral part of the city’s transportation system.

    With the opening of the new tram line and the launch of tram No. 2, residents now have new convenient routes for daily travel. The new line connects nine different railway lines, including the metro, MCD and MCC, and unites more than 200 social infrastructure facilities, including schools, hospitals and shopping centers, which further increases accessibility for residents, said Maxim Liksutov, Deputy Mayor of Moscow for Transport and Industry.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024

  • MIL-OSI USA: ICYMI: Marking Climate Week, DEP Presents Our Water’s Worth It Award to Lambertville for Exemplary Stormwater Management Efforts

    Source: US State of New Jersey

    Climate Resilience Planning

    In addition to being proactive on stormwater management, the city has been active with the DEP’s Office of Climate Resilience in developing a Climate Resilience Action Plan. Last year the DEP awarded Lambertville a grant of more than $150,000 through its Resilient NJ: Municipal Assistance Program to work with a qualified consultant team to develop, and begin to implement, a municipal climate resilience action plan. This plan works to evaluate vulnerability to current and future hazards including rising temperatures, flooding, and hurricanes, among others.

    “Lambertville has continually demonstrated their commitment to building a climate-resilient community by taking on a wide array of local-led efforts,” said Nick Angarone, New Jersey’s Chief Resilience Officer. “These actions reflect a broad definition of climate resilience, encompassing stormwater management and green infrastructure, proactive policy changes, and effective community outreach and engagement. This diverse array of efforts has made Lambertville a model community for local-led resilience action in the state.”

    Our Water’s Worth It Campaign

    The DEP launched the Our Water’s Worth It campaign earlier this year to raise public awareness about the fundamental importance of our water supplies, the threats they face, and the steps DEP is taking to ensure all New Jerseyans have access to clean drinking water and healthy waterways.

    As part of the campaign, the DEP is recognizing those who have shown exemplary commitment to protecting the state’s water resources. This past July, the DEP presented the first Our Water’s Worth It award to Ridgewood Water for its efforts over the years to conserve water and to protect public health by addressing PFAS contamination.

    In the coming months, DEP will select additional awardees highlighting local contributions to protecting water supplies and public health, improving the health of waterways, and water conservation. For more information about Our Water’s Worth It, visit dep.nj.gov/ourwatersworthit.

    Safe and Reliable Water as an Administration Priority

    Providing New Jersey residents with safe and reliable water supplies is a top priority of the Murphy Administration and Commissioner LaTourette. Earlier this year the administration celebrated a record-setting, billion-dollar investment in water infrastructure throughout the state as project funding in FY24 surpassed $1 billion for the first time.

    Furthering the goal to protect the state’s water resources, the administration earmarked $54.6 million in the FY25 state budget for drinking and clean water infrastructure improvements across the Garden State. The budget appropriation provides a match for larger federal funds.

    The DEP oversees programs that reduce lead exposure in homes and businesses, protect the long-term viability of water supplies such as reservoirs and groundwater sources, monitor for drought conditions, educate the public about the importance of testing wells and reducing lead exposure, and manage stormwater to better protect surface water sources.

    In 2022, the Administration launched the innovative Water Infrastructure Investment Plan (WIIP) to assess and address high priority water infrastructure needs throughout the state. Through WIIP, the state is spurring record investments in clean water and drinking water infrastructure that are creating good-paying jobs while providing safe and reliable drinking water, reducing flooding, and improving the quality of New Jersey’s waterways. For more information on WIIP, visit dep.nj.gov/wiip/.

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Welcoming remarks & Session 1

    Source: European Central Bank (video statements)

    Welcoming remarks
    Luc Laeven, European Central Bank

    Session 1:

    The economics of financial stress
    Dmitriy Sergeyev*, Bocconi University
    Chen Lian, University of California, Berkeley
    Yuriy Gorodnichenko, University of California, Berkeley
    Discussant: Alina Bartscher, Frankfurt School of Finance and Management

    Behavioural sticky prices
    Sergio Rebelo, Northwestern University
    Miguel Santana, Northwestern University
    Pedro Teles*, Banco de Portugal and Católica-Lisbon School of Business and Economics
    Discussant: Gaetano Gaballo, HEC Paris

    https://www.youtube.com/watch?v=fZNTaE2QCPU

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI USA: SEC Charges Merrill Lynch and Harvest Volatility Management for Ignoring Client Instructions

    Source: Securities and Exchange Commission

    SEC penalizes firms, recovers more than $6 million of excess fees tied to options trading strategy

    The Securities and Exchange Commission today announced charges against Harvest Volatility Management LLC and Merrill Lynch, Pierce, Fenner & Smith Inc. for exceeding clients’ designated investment limits over a two-year period beginning in March 2016, which resulted in clients paying higher fees, being subjected to increased market exposure, and incurring investment losses. As part of the separate settlements, Harvest and Merrill have agreed to pay a combined $9.3 million in penalties and disgorgement to resolve the SEC’s claims. 

    According to the SEC’s orders, Harvest was the primary investment adviser and portfolio manager for the Collateral Yield Enhancement Strategy (CYES), which traded options in a volatility index with the aim of generating incremental returns. The SEC’s orders find that, starting in 2016, Harvest allowed scores of accounts to exceed the exposure levels that investors designated when they signed up to the CYES strategy, including dozens of accounts that exceeded the limit by 50 percent or more. Merrill and Harvest received larger management fees when investors’ exposure levels climbed above pre-set levels and exposed investors to greater financial risks. The SEC order as to Merrill finds that it introduced its clients to Harvest and received part of Harvest’s management and incentive fees, as well as trading commissions. It also finds that Merrill was aware that investors’ exposure to CYES was exceeding pre-set exposure levels and failed adequately to inform affected CYES investors, most of whom had existing advisory relationships with Merrill. The SEC’s orders also find that Harvest and Merrill neglected to adopt and implement policies and procedures reasonably designed to ensure that they disclosed all material facts to their clients and alerted them to the excessive exposure.

    “In this case, two investment advisers allegedly sold a complex options trading strategy to their clients, but failed to abide by basic client instructions or implement and adhere to appropriate policies and procedures,” said Mark Cave, Associate Director of the SEC’s Enforcement Division. “Today’s action holds Merrill and Harvest accountable for dropping the ball in executing these basic duties to their clients, even as their clients’ financial exposure grew well beyond predetermined limits.”

    The SEC’s orders find that Harvest and Merrill violated Sections 206(2) and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 thereunder. Without admitting or denying the findings, Harvest and Merrill agreed to be censured, to cease-and-desist orders, and to penalties of $2 million and $1 million, respectively. Harvest will also pay $3.5 million in disgorgement and prejudgment interest, while Merrill will pay $2.8 million in disgorgement and prejudgment interest.

    The SEC’s investigation was conducted by Bobby Gray, Matthew Finnegan, and Suzanne Romajas, under the supervision of Jeff Leasure and Mr. Cave.

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI: Fortinet Announces Progress Toward its Mission to Tackle the Cybersecurity Skills Shortage

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) —

    John Maddison, Chief Marketing Officer at Fortinet
    “Through our longstanding investments to address the cyber talent shortage, Fortinet continues to grow and expand our programs and strategic partnerships by delivering an award-winning cybersecurity training and certification program. Addressing the cyber skills gap is vital to enhancing our society’s collective cyber resiliency and we are committed to developing the current and future cyber workforce through the Fortinet Training Institute. As part of this effort, we remain focused on our pledge to train 1 million individuals in cyber by 2026.”

    News Summary  
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant progress in its mission to address the cybersecurity skills shortage through its Training Institute programs. As part of the company’s commitment to closing the cyber workforce gap, Fortinet pledged to train 1 million people in cybersecurity by the end of 2026 and through the Fortinet Training Institute programs has achieved significant strides toward this goal. With more than half a million people having been trained since the 5-year span pledge was announced, Fortinet is on track to meet this commitment by the end of 2026.

    As the cybersecurity landscape grows increasingly complex, the demand for skilled professionals continues to grow with an estimated 4.8 million cybersecurity professionals required to address the industry’s workforce gap. At the same time, Fortinet’s 2024 Global Cybersecurity Skills Gap Report reveals that 70% of organizations believe the shortage of skilled cybersecurity professionals is increasing risks to their security.

    Fortinet is at the forefront of working to address the skills gap by providing award-winning training and certification curriculum designed to equip individuals with the necessary skills and knowledge to better mitigate cyber risks. Additional recent key initiatives and achievements include:

    • Award-Winning Cybersecurity Curriculum: Fortinet’s most recent industry acknowledgement includes winning the 2024 SC Awards for Best Professional Certification Program. In the fall of 2023, Fortinet introduced enhancements to the Fortinet Network Security Expert (NSE) Certification program, providing multiple certification options focused on role-based training – such as administrator, analyst, architect – as well as a foundational certification level. Fortinet has also been honored with Gold for best cybersecurity training and Gold for best security awareness program from the Cybersecurity Excellence Awards; Gold for cyber and education and training and security awareness and training from the Globee 2024 Cyber Security Global Excellence Awards; and Most Innovative in cybersecurity training and certification, and security awareness and training service from the Global Infosec Awards, among others.
    • European Commission’s Cybersecurity Skills Academy Initiative Pledge: Earlier this year, Fortinet pledged to offer its award-winning cybersecurity training and security awareness curriculum to up to 75,000 individuals for free in Europe over the next three years. Since joining this initiative, Fortinet is offering its Certification program curriculum through the Cybersecurity Skills Academy and expanding learning opportunities for individuals across all 27 countries of the European Union, helping develop critical cyber skills in the region.
    • All-India Council for Technical Education (AICTE) and EduSkills Foundation Partnership: Fortinet is partnering with the All-India Council for Technical Education (AICTE) and EduSkills Foundation to offer 100,000 virtual internships in the field of cybersecurity across India, as well as providing our Certification program free of cost.
    • Fortinet Cyber Bootcamps Help Develop the Future Cyber Workforce: Fortinet is partnering with organizations across the world to host cybersecurity and networking bootcamps to further increase access to its training curriculum. Earlier this year, Fortinet hosted a threat hunting workshop for participants of the MITRE Embedded Capture the Flag (eCTF) competition, which included students from around the world. Attendees of the Fortinet workshop gained hands-on cybersecurity experience, assuming the role of a security analyst to identify adversarial behaviors using renowned frameworks and procedures.
    • Continuing to Drive a Diverse Cyber Workforce through Partnerships: Through the Education Outreach program and Veterans program, Fortinet cultivates partnerships to drive a skilled, inclusive and diverse cyber workforce. More recently, Fortinet partnered with the British Columbia Institute of Technology (BCIT), Cyber Catalyst Talent Solutions, and Tech Vets Canada, among others, on an in-person bootcamp specifically for veterans interested in gaining technical and hands-on expertise in cyber. Fortinet also collaborated with several Fortinet Veteran program and Education Outreach program partners earlier this year – including Cerco, Helping Heroes, Hire Heroes USA, Onward 2 Opportunity, TechVets, and VetSec – to offer a nine-week Networking Fundamentals Bootcamp this year to further upskill and reskill veterans. Additionally, Fortinet is continuing to partner with Women in CyberSecurity (WiCyS) to offer members a Networking Fundamentals Bootcamp designed as an entry point for those wanting to pursue a career in cybersecurity.

    Building on Fortinet’s Longstanding Commitment to Close the Global Cyber Skills Gap
    These initiatives build on Fortinet’s longstanding commitment to address the cybersecurity skills gap worldwide. The Fortinet Training Institute delivers training and certifications to IT and security professionals, students and educators, and underserved communities, through its various programs. The ecosystem supporting these programs – including the Education Outreach program, the Veterans program and the Academic Partner program – is comprised of more than 700 partners across more than 100 countries globally.

    To further help advance this work, Fortinet is a part of various public-private partnerships, including participating in the White House’s National Cyber Workforce and Education Strategy commitments by introducing free security awareness training for primary and secondary school educators and students globally including school districts across the United States, United Kingdom, Canada, Australia and Brazil. All these efforts contribute toward Fortinet’s goal to train 1 million people globally in cyber by 2026.

    Additional Resources

    • Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. 
    • Find out what makes Fortinet one of the top cybersecurity companies in the world.
    • Visit fortinet.com/trust to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.  
    • Learn more about Fortinet’s commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.  
    • Read about how Fortinet customers are securing their organizations. 
    • Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.  

    About Fortinet 
    Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.    

    Media Contact:  Investor Contact:  Analyst Contact: 
    Stephanie Lira
    Fortinet, Inc. 
    408-235-7700 
    pr@fortinet.com 
          		 Aaron Ovadia 
    Fortinet, Inc.  
    408-235-7700 
    investors@fortinet.com     		 Brian Greenberg  
    Fortinet, Inc. 
    408-235-7700 
    analystrelations@fortinet.com 

    The MIL Network –

    September 29, 2024

  • MIL-OSI: Texas Capital Launches Government Money Market Exchange Traded Fund

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Sept. 25, 2024 (GLOBE NEWSWIRE) — Texas Capital Bank Private Wealth Advisors, a subsidiary of Texas Capital Bank, and the Texas Capital Funds Trust today announced the launch of the Texas Capital Government Money Market ETF (NYSE: MMKT) (the “MMKT ETF” or “Fund”). This innovative and first-of-its-kind ETF will hold highly liquid, short-term U.S. government debt instruments and cash equivalents, providing an exchange-traded investment option for investors focused on managing credit risk and preserving capital.

    The MMKT ETF is the latest fund launched by Texas Capital ETF & Funds Management, whose managed ETFs include the flagship Texas Capital Texas Equity Index ETF (NYSE Arca: TXS) that helps investors gain investment exposure to the diversity and growth of the eighth largest economy in the world, Texas1. Complementing Texas Capital’s other funds, the MMKT ETF is designed to provide investors with a government money market fund in the form of an ETF, combining the intraday liquidity and flexibility of an ETF with the risk and return characteristics of a money market fund.

    “With the substantial changes in the interest rate environment over the last few years, the Texas Capital Government Money Market ETF offers an exciting alternative for investors,” said Daniel S. Hoverman, Head of Corporate & Investment Banking at Texas Capital. “As the first ETF committed to following Rule 2a-7, the provision of the Investment Company Act of 1940 that governs money market funds, Texas Capital believes the combination of the tradability of an ETF and the structure of a money market fund will prove an important investment alternative for investors looking to manage liquidity, volatility and credit risks in their securities portfolio.”

    The Texas Capital Government Money Market ETF seeks to provide as high a level of current interest income as is consistent with maintaining liquidity and stability of principal while following Rule 2a-7.

    “As the premier full-service financial services firm headquartered in the state of Texas, the launch of the MMKT ETF continues our commitment to serving our clients’ liquidity and investment needs,” added Hoverman. “Innovation is an integral part of the Texas Capital experience, ranging from Initio, our commercial banking platform that enables new account onboarding within a single business day, to today’s announcement about the revolutionary combination of ETF flexibility and money market sensibility. We look forward to welcoming investors in MMKT to our suite of funds and to Texas Capital.”

    The Texas Capital Funds Trust is a Delaware statutory trust formed in 2023 and registered as an open-end management investment company under the Investment Company Act of 1940. The Trust has retained Texas Capital Bank Wealth Management Services, Inc., doing business as Texas Capital Bank Private Wealth Advisors, as the adviser to the Fund. Edward Rosenberg, head of ETF & Funds Management for Texas Capital serves as the president of the Texas Capital Funds Trust. The Fund’s portfolio is managed by the chief investment officer of Texas Capital Bank Private Wealth Advisors, J. Steven Orr, who brings more than 30 years of portfolio management experience. The Board of Trustees for the Texas Capital Funds Trust includes Hayman Capital Management Founder and Chief Investment Officer J. Kyle Bass, Texas Capital’s Head of Corporate & Investment Banking Daniel S. Hoverman, Avery Capital Co-founder and Chief Executive Officer Avery Johnson, Texas Capital’s Head of Investor Relations & Corporate Development Jocelyn Kukulka and PIXIU Founder and Chief Executive Officer Eddie Margain.

    Additional details on the Fund can be found here.

    About Texas Capital
    Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com.

    Trading in securities and financial instruments, strategic advisory, and other investment banking activities are performed by TCBI Securities, Inc., doing business as Texas Capital Securities. TCBI Securities, Inc. is a member of FINRA and SIPC and has registered with the SEC and other state securities regulators as a broker dealer. TCBI Securities, Inc. is a subsidiary of TCB. All investing involves risks, including the loss of principal. Past performance does not guarantee future results. Securities and other investment products offered by TCBI Securities, Inc. are not FDIC insured, may lose value and are not bank guaranteed.

    Disclosures
    Investors should carefully consider the investment objectives, risks and charges of the Fund before investing. The prospectus contains this information and other information about the Fund, and it should be read carefully before investing. Investors can obtain a copy of the prospectus by calling 844.TCB.ETFS (844.822.3837). 

    Credit Risk. Issuers of money market instruments or financial institutions that have entered into repurchase agreements with the Fund may fail to make payments when due or complete transactions or they may become less willing or less able to do so.

    Interest Rate Risk. The value of the Fund’s investments generally will fall when interest rates rise, and its yield will tend to lag behind prevailing rates. The Fund may face a heightened level of interest rate risk due to certain changes in general economic conditions, inflation and monetary policy, such as certain types of interest rate changes by the Federal Reserve.
    U.S. Government Securities Risk. There are different types of U.S. government securities with different levels of credit risk, including the risk of default, depending on the nature of the particular government support for that security. For example, a U.S. government-sponsored entity, such as Federal National Mortgage Association (“Fannie Mae”) or Federal Home Loan Mortgage Corporation (“Freddie Mac”), although chartered or sponsored by an Act of Congress, may issue securities that are neither insured nor guaranteed by the U.S. Treasury and are therefore riskier than those that are.
    Repurchase Agreements Risk. Repurchase agreements carry certain risks not associated with direct investments in securities, including a possible decline in the market value of the underlying obligations.
    Portfolio Liquidity Risk. Although the Fund invests in a diversified portfolio of high-quality instruments, the Fund’s investments may become less liquid as a result of market developments or adverse investor perception. In stressed market conditions, the market for the Fund’s shares may become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings.
    Management Risk. The risk that the investment strategies, techniques and risk analyses employed by the Adviser may not produce the desired results.
    Investment and Market Risk. As with all investments, an investment in the Fund is subject to investment risk. Investors in the Fund could lose money, including the possible loss of the entire principal amount of an investment, over short or prolonged periods of time.  Markets can decline in value sharply and unpredictably which may affect the Fund’s net asset value (“NAV”) per share. The increasing interconnectivity between global economies and financial markets increases the likelihood that events or conditions in one region or financial market may adversely impact issuers in a different country, region, or financial market.
    ETF Risks. The Fund is an ETF, and because of the ETF’s structure, it is exposed to the following risks:

    Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk. The Fund has a limited number of financial institutions that may act as Authorized Participants (“APs”). In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace. To the extent either of the following events occur, Shares may trade at a material discount to NAV and possibly face trading halts or delisting: (i) APs exit the business or otherwise become unable to process creation and/or redemption orders and no other APs step forward to perform these services; or (ii) market makers and/or liquidity providers exit the business or significantly reduce their business activities and no other entities step forward to perform their functions.
    Costs of Buying or Selling Shares. Due to the costs of buying or selling Shares, including brokerage commissions imposed by brokers and bid/ask spreads, frequent trading of Shares may significantly reduce investment results and an investment in Shares may not be advisable for investors who anticipate regularly making small investments.
    Large Shareholder Risk. From time to time, an AP, a third-party investor, an affiliate of the Adviser, or a fund may invest in the Fund and hold its investment for a specific time period to allow the Fund to achieve size or scale. There can be no assurance that any such entity will not redeem its investment or that the size of the Fund will be maintained at such levels, which could negatively impact the Fund.
    Premium-Discount Risk. The Shares may trade above or below their NAV. The market prices of Shares will generally fluctuate in accordance with changes in NAV as well as the relative supply of, and demand for, Shares on the Exchange or other securities exchanges. The existence of significant market volatility, disruptions to creations and redemptions, or potential lack of an active trading market for Shares (including through a trading halt), among other factors, may result in the Shares trading significantly above (at a premium) or below (at a discount) to NAV.
    Trading Risk. Although Shares are listed for trading on the Exchange and may be traded on U.S. exchanges other than the Exchange, there can be no assurance that Shares will trade with any volume, or at all, on any stock exchange. In stressed market conditions, the liquidity of Shares may begin to mirror the liquidity of the Fund’s underlying portfolio holdings, which can be significantly less liquid than Shares.
    Trading Halt Risk. Sharp price declines in securities owned by the Fund may trigger trading halts, which may result in the Fund’s shares trading in the market at an increasingly large discount to NAV during part (or all) of a trading day or cause the Fund itself to halt trading. In such market conditions, market, or stop-loss orders to sell the ETF shares may be executed at market prices that are significantly below NAV or investors might not even be able to transact in Shares if the Fund halts trading.

    New Adviser Risk. The Adviser has only served as an adviser to a registered fund for less than one year. As a result, there is no long-term track record against which an investor may judge the Adviser and it is possible the Adviser may not achieve the Fund’s intended investment objective.
    New Fund Risk. The Fund is new and does not have shares outstanding as of the date of this Prospectus. As a result, prospective investors have no track record or history on which to base their investment decisions. In addition, there can be no assurance that the Fund will grow to or maintain an economically viable size. If the Fund does not grow large once it commences trading, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a stop to trading. Any liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

    Shares are not individually redeemable and are issued and redeemed at their net asset value only in large, specified blocks of shares called creation units. Shares otherwise can be bought and sold only through exchange trading at market price (not NAV). Shares may trade at a premium or discount to their net asset value in the secondary market. Brokerage commissions will reduce returns.

    Texas Capital Bank Wealth Management Services, Inc. d/b/a Texas Capital Bank Private Wealth Advisors (“PWA”), a wholly owned subsidiary of Texas Capital Bank and a Registered Investment Advisor with the U.S. Securities and Exchange Commission (“SEC”), serves as investment adviser to the Texas Capital Government Money Market ETF and Texas Capital Texas Equity Index ETF and is paid a fee for its services. Shares of the Texas Capital Government Money Market ETF and Texas Capital Texas Equity Index ETF are not deposits or obligations of, or guaranteed or endorsed by, Texas Capital Bank or its affiliates. The Texas Capital Government Money Market ETF and Texas Capital Texas Equity Index ETF are not insured by the FDIC or any other government agency. The Texas Capital Government Money Market ETF and Texas Capital Texas Equity Index ETF are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC, which is not affiliated with Texas Capital Bank Private Wealth Advisors. 

    INVESTMENTS: NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

    1 Source: Texas Economic Development Corporation

    The MIL Network –

    September 29, 2024

  • MIL-OSI: Baffle Announces New Data Security Capabilities on Amazon S3

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) — Baffle, the easiest way to protect sensitive data, today announced new data security capabilities for Amazon Simple Storage Service (Amazon S3). As organizations continue to experience unintentional disclosure of data through data stored and shared through S3 buckets, the new offering from Baffle provides customers with easy, comprehensive, and safe technical control to ensure that data is protected at rest, in use, and in motion as it is ingested, stored and processed in generative AI pipelines.

    Amazon S3 is an object storage service from Amazon Web Services (AWS) offering industry-leading scalability, data availability, and security performance and is built to store and retrieve any amount of data from anywhere. S3 is the first step in the journey of sensitive data as it is ingested into Generative AI pipelines. Baffle’s data security capabilities for Amazon S3 require no-code changes, easily protecting data stored in any S3 bucket with masking, tokenization, and encryption at the object or field level. The data is protected before it is inserted into S3, and stays protected when processed, hence achieving a “fail-safe” posture with the data remaining protected even if there is a misconfiguration or a human error.

    “The amount of data organizations store in S3 has continued to grow exponentially year over year driven by the tremendous growth of Generative AI pipelines being built in the cloud and yet, those storing data in S3 have done so without a fail-safe against human error, and the numerous data disclosures of private data stored in S3 reflect the dangers of doing so,” said Ameesh Divatia, co-founder and CEO of Baffle. “Now, with Baffle, enterprises can avoid the accidental disclosure of their S3 data whether it is driven by a cybercriminal or something as simple as human error.”

    Key benefits of the new offering for Baffle and Amazon S3 customers will include:

    • Transparent Reverse Proxy: Baffle provides a seamless, transparent reverse proxy for Amazon S3 that does not require any code changes for deployment, use, or management. Baffle can also leverage AWS server-side encryption acceleration in combination with fine grained policy and tenant management. This makes integration and operation straightforward without disrupting existing workflows.
    • Comprehensive Security: Baffle’s solution offers robust data security through masking, tokenization, and encryption at the field, object, or bucket level. This ensures that sensitive information is securely protected from unauthorized access in all downstream systems, including analytics and generative AI
    • Multi-Tenancy and Data Isolation: Baffle’s solution supports multi-tenancy and data isolation by cryptographically separating each tenant’s data from others. This ensures that each tenant’s information remains secure and private, even in a shared environment.

    Baffle is the easiest way to protect regulated data in the cloud, whether it is at rest, in use, or in transit. Baffle delivers an enterprise-class data security platform that secures data stores for applications, analytics, and AI with “no code” changes. The solution supports masking, tokenization, and encryption with role-based access control at the logical database, column-, row-, or field level, and unstructured data in object stores.

    For additional information about Baffle, please view the webinar here or to learn more about the product, please visit: https://baffle.io/data-security-for-amazon-s3/.

    About Baffle
    Baffle is the easiest way to protect sensitive data. We are the only security platform that cryptographically protects the data itself as it’s created, used, and shared across cloud-native data stores that feed analytics, applications, and AI. Baffle’s no-code solution masks, tokenizes and encrypts data without application changes or impacting the user experience. With Baffle, enterprises easily meet compliance controls and security mandates and reduce the effort and cost of protecting sensitive information to eliminate the impact of data breaches. Investors include Celesta Venture Capital, National Grid Partners, Lytical Ventures, Nepenthe Capital, True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital, Triphammer Venture, ServiceNow Ventures, Thomvest Ventures, and Industry Ventures.

    Follow Baffle on LinkedIn.

    Contact:
    Stephanie Schlegel
    Offleash PR
    baffle@offleashpr.com

    The MIL Network –

    September 29, 2024

  • MIL-OSI: Šiaulių bankas repays TLTRO III loan

    Source: GlobeNewswire (MIL-OSI)

    On 25th September 2024, Šiaulių bankas AB repaid a EUR 478.81 million loan taken out under the ECB’s TLTRO III programme. The funds were borrowed for a period of three years, starting on 29th September 2021. The final interest rate set on the loan was 1.8475%.

    The objective of the TLTRO III programme was to increase and support bank lending to businesses and individuals during times of economic instability.

    After this repayment, Šiaulių bankas has no outstanding loans under the TLTRO III programme.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network –

    September 29, 2024

  • MIL-OSI: High Wire Networks Recognized as Top Cybersecurity Leader in Frost & Sullivan’s 2024 Managed Security Services Report

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., Sept. 25, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, received top ranking in the new Frost & Sullivan (F&S) report on the cybersecurity industry, Frost Radar™: Managed Security Services in Americas, 2024.

    Across a field of more than 200 competitors, Frost & Sullivan ranked High Wire among the Top 15 Managed Security Service Providers (MSSPs) that are delivering the greatest results in the categories of growth and innovation.

    Frost & Sullivan noted that despite High Wire being a relatively new market entrant, “it continues to grow at an impressive triple-digit pace, surpassing almost every competitor in that metric.”

    According to the report, such growth is made possible by the company’s channel-only strategy, which brings in the entirety of an MSP’s customer base instead of individual organizations.

    “High Wire Networks has expanded its portfolio significantly since our last iteration of the Frost Radar,” noted Frost & Sullivan cybersecurity industry analyst, Lucas Ferreyra. “The company has centralized its entire offering around the Overwatch Managed Security Services Ecosystem, which includes its flagship product, the eponymous Overwatch platform that provides managed XDR and managed SOC/SOAR with 24/7 monitoring, detection, threat remediation, and proactive threat hunting across the environment.”

    Operating at the core of High Wire’s security operation center is Overwatch SOAR™, a proprietary security orchestration, automation and response (SOAR) technology.

    The unique AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules that provide enhanced visibility, improved correlation, and faster remediation.

    “The Overwatch ecosystem provides a combination of prevention, detection, and response capabilities in a closed loop,” explained Ferreyra. “This provides comprehensive protection for customers and makes it easy for the provider to upsell its services, enhancing its growth potential.”

    In the category of innovation, the report highlights how High Wire is developing more automation capabilities for its entire stack, regularly adding pre-built automations and integrations to decrease analysts’ workload. R&D activities also include enhancing real-time threat intelligence as it further builds its own threat intelligence network.

    As the report highlighted, High Wire’s ecosystem includes managed detection and response, managed SASE, managed secure edge, continuous vulnerability scanning and management, patch management (to remediate patch vulnerabilities and fix misconfigurations), OT/IoT security, email security and security awareness training. To increase flexibility, High Wire Networks can leverage tools and solutions in the customer ecosystem, integrating tools into its SOAR capabilities.

    Regarding growth, the report notes that while High Wire Networks “has only a small slice of the Americas MSS market, but it continues to grow at an impressive triple- digit pace, surpassing almost every competitor in that metric. Such growth is made possible by the company’s channel-only strategy, which brings in the entirety of an MSP’s customer base instead of individual organizations.”

    High Wire offers its Overwatch managed security services exclusively through a global network of managed service providers (MSPs) and managed security service providers totaling more than 200 worldwide.

    The report also discussed how High Wire Networks’ approach to the MSS space revolves around reducing the workload for security analysts, multiplying efficiency, and automating tasks unrelated to decision-making.

    High Wire’s SOAR technology serves as an exponential force multiplier for its dedicated teams of professional security experts, empowering them to deliver the most secure and cost-effective cybersecurity solutions available on the market today.

    “High Wire Networks’ investments in a security service to disrupt the edge security space, coupled with its current managed SASE and zero trust offerings are appropriate for its target market,” added Ferreyra. “Establishing an effective zero trust strategy is a complex endeavor that requires sizeable resources and expert knowledge; as a result, organizations with lower security maturity will usually look to partner with cybersecurity providers to deploy these technologies. High Wire Networks should continue to invest in this significant growth opportunity.”

    High Wire CEO, Mark Porter, commented: “We are honored to be recognized by Frost & Sullivan for our commitment to innovation and growth in the MSS space. The Top 15 ranking reflects the hard work and dedication of our entire team in delivering comprehensive, cutting-edge security solutions through our Overwatch managed security services ecosystem. By leveraging our platform’s robust suite of offerings—from managed XDR to advanced edge protection—we continue to meet the evolving needs of our partners and customers.”

    “For our channel partners, we create significant opportunities by providing layers of expertise at every engagement with MSPs,” added Porter. “Every deal has the upsell potential for the MSP or reseller to migrate its entire customer base to High Wire Networks’ services, augmenting our growth potential significantly.”

    The company provides further details about the Frost & Sullivan’s report in this YouTube video here.

    High Wire’s Overwatch offering addresses a global cybersecurity market that is projected to grow at a 14.3% CAGR to reach $563 billion by 2032.

    High Wire was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.

    Porter discusses the Frost & Sullivan’s 2024 Managed Security Services report in the company’s YouTube video here.

    About High Wire Networks
    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End-customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S. based 24/7 Network Operations Center and Security Operations Center is located in Chicago.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements
    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

    High Wire Contact
    Susanna Song
    Chief Marketing Officer
    High Wire Networks
    Tel +1 (952) 974-4000
    Email contact

    Investor & Media Relations:
    Ronald Both or Grant Stude
    CMA Investor & Media Relations
    Tel +1 (949) 432-7557
    Email contact

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7bae7cf-3bc9-46bd-8170-0f9fe66d3685

    The MIL Network –

    September 29, 2024

  • MIL-OSI China: Chinese vice premier meets ASEAN leaders attending 21st China-ASEAN Expo

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

    NANNING, Sept. 25 — Chinese Vice Premier Ding Xuexiang on Tuesday met with leaders from Vietnam, Cambodia and Laos, who are in Nanning, south China’s Guangxi Zhuang Autonomous Region, to attend the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit.

    When meeting with Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China is ready to work with Vietnam in accordance with the strategic direction set by the leaders of the two parties and the two countries to consolidate political mutual trust, enhance the synergy of development strategies, advance infrastructure connectivity, upgrade economic, trade and investment cooperation, cement public support, and push forward the building of the China-Vietnam community with a shared future.

    Speaking highly of China’s great development achievements, Ho Duc Phoc said Vietnam is willing to work with China to push for more results in practical cooperation in various fields to better benefit the two countries and the two peoples.

    When meeting with Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Ding said China is willing to work with Cambodia to implement the important consensus reached by the leaders of the two countries, enhance the synergy between the high-quality Belt and Road cooperation and Cambodia’s development strategies, expand cooperation in emerging fields such as green development and digital economy, encourage Chinese enterprises to invest and do business in Cambodia, implement more projects that benefit local people, and push the development of bilateral relations to a new level.

    Vongsey Vissoth said Cambodia firmly pursues a friendly policy toward China and is willing to work with China to enrich the Diamond Hexagon cooperation framework, and join hands to build a Cambodia-China community with a shared future.

    When meeting with Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, Ding noted that this year marks the 15th anniversary of the China-Laos comprehensive strategic cooperative partnership, and China is willing to work with Laos, under the guidance of the top leaders of the two parties and two countries, to strengthen economic, trade and investment cooperation, accelerate the construction of major projects, set a new benchmark for high-quality Belt and Road cooperation, and work together to advance the process of national modernization.

    Kikeo Khaykhamphithoune said Laos attaches great importance to the building of a Laos-China community with a shared future, and is willing to strengthen high-level interactions with China, deepen practical cooperation and push for long-lasting Laos-China friendly relations.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: China allocates funds to support flood, typhoon-hit regions

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

    BEIJING, Sept. 25 — Chinese authorities have earmarked 719 million yuan (about 102 million U.S. dollars) to support disaster relief and restore agricultural production in regions hit by Super Typhoon Yagi and several rounds of heavy rainfall, the finance ministry said Wednesday.

    The fund, jointly allocated by the Ministry of Finance, and the Ministry of Water Resources, has been distributed to the regions of Hainan, Guangdong, Liaoning, Inner Mongolia, Jilin, Hunan, Guangxi, Yunnan, Qinghai and Ningxia.

    The fund will be used to buy agricultural supplies and services for crop replanting and reseeding and repair damaged facilities to help disaster-hit regions resume agricultural production, according to the ministry.

    Super Typhoon Yagi, the 11th typhoon of this year, made two landfalls in China earlier this month, first striking Hainan and later Guangdong. It is the strongest autumn typhoon to land in China since 1949, according to meteorological authorities.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI United Kingdom: Scottish Secretary reacts to GDP for July 2024

    Source: United Kingdom – Executive Government & Departments

    Ian Murray says difficult short-term decisions must be made for long-term gain

    The latest Scottish GDP stats are published here this morning for the month of July.

    Scottish Secretary Ian Murray says that although the 0.3% growth for the month is encouraging, tough short-term decisions are still required for long-term improvement.

    He said:

    Economic growth is one of the key missions of the UK Government and Scotland is at the heart of that, as the Prime Minister underlined yesterday when he confirmed that GB Energy will be headquartered in Aberdeen. Backed by £8.3bn of UK Government investment, it will bring jobs and opportunity for all parts of the UK.

    We inherited a dire fiscal situation from the previous government, as well as an industrial one, and that requires tough decisions that are hard in the short term, but the right thing for the country in the long term.

    Right now, we are making work pay, ensuring the national minimum wage is a true living wage, and we’re ending exploitative zero-hours contracts so workers have increased job security. At next month’s International Investment Summit, we will forge stronger links with our global business partners, all to achieve the growth that’s vital for economic stability.

    Background

    • Scotland’s onshore GDP is estimated to have grown by 0.3% in July. This follows 0.0% change in June (revised up from -0.3%).

    • In the three months to July GDP is estimated to have grown by 0.3%. This is a decrease compared to the Quarter 2 (April to June) growth rate of 0.6%.  

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    Published 25 September 2024

    MIL OSI United Kingdom –

    September 29, 2024

  • MIL-OSI: CERo Therapeutics, Inc. Announces Financing and Provides Update on Investigational New Drug Application for CER-1236

    Source: GlobeNewswire (MIL-OSI)

    Company requests Type A Meeting with U.S. Food and Drug Administration regarding clinical hold for CER-1236; announces key management changes

    SOUTH SAN FRANCISCO, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) (“CERo”), an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, today announced that existing investors have committed a financing of $1.25 million. With these funds the Company plans to work with the U.S. Food and Drug Administration to resolve the remaining IND issue for CER-1236, which is on clinical hold.

    Vice Chairman Chris Ehrlich will become Chairman and Interim Chief Executive Officer. Brian Atwood has elected to step down as President and CEO to become a consultant to CERo and to Mr. Ehrlich during this transition; he will remain on the board of directors. Both Charles Carter, CERo’s Chief Financial Officer, and Daniel Corey, M.D., Chief Technology Officer have also elected to step down from their positions and board seat in the case of Dr. Corey. The Company has already identified consultants to continue to progress its ongoing work.

    “This is a unique opportunity for us to reset and ensure that CERo is able to deliver on the promise of its science,” stated Mr. Ehrlich. “We will continue to benefit from Brian’s experience in the market, while we work diligently to progress CER-1236 into the clinic. In the meantime, we are implementing cost reductions to minimize our capital needs and have already made considerable headway in identifying replacements for the CFO and CTO positions, both activities which we believe will be instrumental in helping us to drive forward and complete the task at hand.”

    CERo continues to progress in its work to address the Clinical Hold placed on its Investigational New Drug Application for CER-1236. The company has requested a Type A Meeting with the U.S. Food and Drug Administration (FDA) regarding its open Investigational New Drug Application, which is currently on Clinical Hold. The Company intends to discuss its plans and data collected to date.

    As announced previously, the clinical hold is related to only two pharmacology and toxicology questions which the Company believes can be addressed. CERo has initiated pre-clinical in vitro studies and experiments, interim data from which constituted the Company’s Type A Meeting Request regarding the clinical hold. These experiments will continue into October, as CERo awaits FDA’s response to the submitted Type A Meeting Request.

    About CERo Therapeutics, Inc.
    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2024 for hematological malignancies.

    Forward-Looking Statements
    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 2, 2024, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Brian Atwood
    Chief Executive Officer
    batwood@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network –

    September 29, 2024

  • MIL-OSI Security: FBI Encourages High School Juniors to Apply to Attend Fall 2024 Sacramento FBI Teen Academy

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    Free, Single-Day Class Offers “Insider View” of the FBI

    SACRAMENTO—The Federal Bureau of Investigation (FBI) Sacramento Field Office encourages all high school juniors within the office’s 34-county area of responsibility to apply to attend the Fall 2024 FBI Teen Academy held at the field office’s headquarters in Roseville. All high school juniors— to include those enrolled in public, private, charter, or home school—who are curious about the FBI are eligible to apply to be considered for the program.

    Students selected to attend the academy spend an informative, interactive day learning about the FBI’s investigative priorities; participating in unique, interactive experiences; connecting with FBI personnel representing diverse professional backgrounds; and gaining knowledge that can be shared with their peers and community. Students who attend the program gain greater awareness of the threats their communities face, the challenges presented by the online environment, and the personal choices that can affect their future careers. This knowledge better prepares students to mentor their peers. Ideal candidates are engaged with their respective communities and each student must obtain signatures from their school administration endorsing their participation.

    The class is offered at no charge. Families do not incur any fees for the class, meals, and refreshments offered during FBI Teen Academy instruction. Transportation to and from the class is not provided. If travel is necessary to attend the class, families must arrange for transportation and cover any expenses incurred to facilitate attendance.

    Students interested in attending the free class must download the Fall 2024 FBI Teen Academy application from the FBI Sacramento Field Office’s Community Outreach web page, complete and obtain signatures on all forms, and complete an essay as directed in the application instructions without the assistance of artificial intelligence. Completed application packages must arrive at FBI Sacramento Field Office Headquarters by 4 p.m. on Friday, October 11, 2024. Late applications may be rejected.

    The FBI Sacramento Field Office serves the following 34 California counties: Alpine, Amador, Butte, Calaveras, Colusa, El Dorado, Fresno, Glenn, Inyo, Kern, Kings, Lassen, Madera, Mariposa, Merced, Modoc, Mono, Nevada, Placer, Plumas, Sacramento, San Joaquin, Shasta, Sierra, Siskiyou, Solano, Stanislaus, Sutter, Tehama, Tulare, Tuolumne, Trinity, Yolo, and Yuba.

    Links:

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Gun Supplier Convicted of Murdering 13-Year-Old Boy Gets 108½ Years in Prison

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

                WASHINGTON – Stephon Nelson, 33, of Washington, D.C., was sentenced today in Superior Court to 108 ½ years in prison for first degree murder and other charges stemming from the killing of 13-year old Malachi Lukes in March of 2020. A jury found Nelson and two co-defendants–Tyiion Freeman and Koran Jackson—guilty of first-degree murder while armed, several counts of assault with intent to kill while armed, conspiracy to commit various firearms offenses and other firearms-related charges.  Last week Freeman received 108 years while Jackson was sentenced to 164 years in prison.

                The sentences were announced by U.S. Attorney Matthew M. Graves, FBI Acting Special Agent in Charge David Geist of the Washington Field Office’s Criminal and Cyber Division, ATF Acting Special Agent in Charge James VanVliet of the Bureau of Alcohol, Tobacco, Firearms and Explosives, and Chief Pamela A. Smith of the Metropolitan Police Department (MPD).

                Between February 1, 2020, and May 31, 2020, the defendants, along with two other defendants (whose cases were severed pre-trial), participated in a conspiracy to illegally possess, carry, and transfer firearms for the purpose of using those firearms in the commission of dangerous and violent crimes. Jackson and Freeman, along with the severed defendants, are members and associates of neighborhood crews. Between 2019-2020, the defendants’ neighborhood crews were feuding with other crews and the feud escalated when Tahlil Byrd, also known as Slatt Goon, was killed in September 2019.

                Stephon Nelson, who is a felon and approximately 10 years older than his coconspirators, supplied the firearms that were illegally possessed, carried, and transferred in the conspiracy. Over the span of nine days, February 22-March 1, 2020, the defendants engaged in a shooting spree in the Petworth, Shaw, and Stronghold neighborhoods using the firearms they illegally acquired and shared as a part of the firearms conspiracy. The first charged shooting occurred on February 22, 2020, in the Petworth neighborhood when two victims were fired upon after a mere verbal exchange with two defendants. Two days later, on February 24, 2020, the conspirators drove through rival crew territory Ninth Street where they shot three rival crew members. An innocent bystander who was sitting in her vehicle was caught in the barrage of gunfire. She fortunately escaped with little physical injury because her front windshield suffered the bulk of the damage. The spree culminated on March 1, 2020, when the defendants participated in two shootings in two separate neighborhoods over the span of ten minutes. At 2:08 p.m., the defendants, who were traveling in a stolen Kia Soul, followed 13-year-old Malachi Lukes, along with his three friends, into the Ninth Street area of the 600 block of S Street, N.W., where two defendants exited the Kia Soul and opened fire on them. Malachi Lukes was shot in the back as he fled. The bullet traveled through his heart and lung causing him to collapse to his death. The defendants then traveled to another neighborhood where members of the rival crew were known to gather and at 2:18 p.m., opened fire on individuals in that block. No injuries were reported in that shooting spree.     

                In announcing the sentences, U.S. Attorney Graves and Chief Smith commended the work of those investigating the case from the MPD, the FBI Washington Field Office’s Violent Crimes Task Force and ATF along with the Arlington County Police Department. They also thanked the Arlington County Sheriff Department; U.S. Marshals Service; U.S. Capitol Police; D.C. Department of Forensic Sciences; DOJ Computer Crime and Intellectual Property Section; Montgomery County Police Department; D.C. Department of Corrections; and the Internal Revenue Service—Atlanta Branch.

                The case was prosecuted by Assistant U.S. Attorneys Michelle Jackson, Tamara Rubb, and Nebiyu Feleke, with assistance from Lead Paralegal Sharon Newman, Supervisory Paralegal Tasha Harris, Paralegals April Urbanowski and Alyssa Schroeder, Superior Court Operations Manager Linda McDonald, and Victim Witness Advocate Jennifer Allen. 

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Illinois Man Charged with Helping to Scam Elderly Victims Out of Hundreds of Thousands of Dollars in Retirement Savings

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    WANTED: Abdul Mohammed is currently a fugitive. If you have any information on Abdul’s whereabouts, please contact the FBI at 317-595-4000 or FBI.gov/tips

    INDIANAPOLIS—A federal grand jury had charged Abdul Mohammed, 31, of Des Plaines, Illinois, with conspiracy to commit wire fraud and two counts of wire fraud.

    According to the indictment, Mohammed and other conspirators allegedly participated in a scheme in which conspirators contacted victims, typically the elderly, and claimed to be a government agent. The conspirators falsely represented that the victims had been compromised in some way and needed to provide money to federal law enforcement for safekeeping. The conspirators instructed victims convert their savings and retirement accounts to cash or gold bars, and to provide those funds to law enforcement for “protection.”

    In one instance, an elderly victim began receiving unsolicited phone calls, texts, and emails from a conspirator purporting to be “Agent Roy” of the FBI. “Agent Roy” told the victim that his computer had been hacked and his personal information was compromised. “Agent Roy” also told the victim he was implicated in a drug crime. “Agent Roy” instructed the victim to withdraw $80,000 from retirement their accounts and exchange it for gold bars or it would be frozen by the IRS. A member of the conspiracy, acting as “Agent Roy,” then met the victim in a Meijer parking lot in Westfield to collect the gold bars.

    Even after delivering the gold, the victim was led to believe their money was not safe and they needed to give the “agents” more money. On December 8, 2023, an unknown member of the conspiracy emailed the elderly victim with a document from “Officer Jason Roy” which bore a purported seal from the Department of Justice. The document instructed the victim to withdraw funds and provide them to FBI agents as part of an operation. The document further stated “If . . . at any point of time you deny to follow our instructions or disclose this information to anyone all your accounts will be frozen.” A few weeks later, Abdul Mohammed met the victim in the same parking lot in an attempt to collect another $45,000 in cash.

    “There is an outstanding warrant for the arrest of Abdul Mohammed, a resident of Des Plaines, Illinois, following a federal indictment alleging his involvement in a scheme to defraud elderly victims through false claims that federal law enforcement agencies were seeking to keep their money safe,” said Zachary A. Myers, U.S. Attorney for the Southern District of Indiana. “We encourage Mr. Mohammed to contact the FBI immediately to arrange for his safe surrender to answer the charges against him. Mr. Mohammed, or anyone with information on his whereabouts, should contact the FBI at 317-595-4000 or FBI.gov/tips.”

    The FBI is investigating this case. If convicted, Abdul Mohammed faces up to 60 years in federal prison.

    U.S. Attorney Myers thanked Assistant U.S. Attorney Adam Eakman, who is prosecuting this case. 

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Rockford Man Sentenced to More Than Seven Years in Prison for His Role in Retail Store Robberies

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    ROCKFORD — A Rockford man has been sentenced to over seven years in federal prison for conspiring to commit robberies of electronic stores.

    KATRAIL BRIDGES, 32, was convicted after a four-day jury trial in March of conspiracy to commit robbery.  U.S. District Judge Iain D. Johnston on Thursday sentenced Bridges to 87 months in federal prison.

    Bridges joined the conspiracy and agreed to participate in the robberies of electronic stores at two locations: a Best Buy store in DeKalb, Ill. on Dec. 2, 2016, and a Simply Mac store in Cherry Valley, Ill. on December 16, 2016. During these robberies, the members of the group used pepper-spray against employees to gain compliance and to escape with merchandise.  The group stole over $22,000 worth of merchandise during these two robberies.

    Eight other alleged conspirators were charged as part of the federal investigation.         

    The sentence was announced by Morris Pasqual, Acting United States Attorney for the Northern District of Illinois, and Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Division of the FBI.  The Winnebago County Sheriff’s Office, Cherry Valley Police Department, and DeKalb Police Department assisted in the investigation.  The government was represented by Assistant U.S. Attorney Robert S. Ladd and Special Assistant U.S. Attorney Kirstin J. Krivanec.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Thibodaux Man Sentenced to 60 Months’ Imprisonment for Possessing Child Sexual Abuse Material

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    NEW ORLEANS – U.S. Attorney Duane A. Evans announced that SIMON PAUL ADAMS (“ADAMS”), age 28, a resident of Thibodaux, La., was sentenced on September 18, 2024, to 60 months imprisonment by United States District Judge Lance M. Africk after ADAMS had previously pled guilty to possessing child sexual abuse material (CSAM), in violation of Title 18, United States Code, Section 2252(a)(4)(B).  Judge Africk also ordered ADAMS to serve 10 years of supervised release after his release from prison, to comply with sex offender registration requirements, to pay a $100 mandatory special assessment fee, and to pay $18,000 in restitution to the victims.

    According to court documents, on multiple dates, including, on or about October 15, 2022, December 14, 2022, and January 19, 2023, Federal Bureau of Investigation (“FBI”) agents investigated the sharing of digital files depicting the sexual exploitation of children via a peer-to-peer file sharing network.  Agents downloaded a series of files and videos  depicting, among other things,  the sexual exploitation of juvenile females, from an IP address connected to   ADAMS’s residence in Thibodaux.

    Agents executed a search warrant at ADAMS’s residence in July 2023 and seized electronic devices, containing files (i.e., obscene images and videos) depicting the sexual victimization and abuse of children.  An analysis of the devices revealed approximately 5 images and 70 videos depicting the sexual victimization of children and over 30 images and 1,500 videos depicting obscene visual representations of the sexual abuse of children.  Some of the depictions included children, less than three years old, being victimized, as well as, depictions portraying sadism, masochism, or violence, generally.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice.  Led by United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims.  For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov.

    U.S. Attorney Evans praised the work of the Federal Bureau of Investigation in investigating this matter.  Assistant United States Attorney Jordan Ginsberg, Chief of the Public Integrity Unit, was in charge of the prosecution.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Carmanville — Man arrested by RCMP for discharging firearm at residence in Frederickton

    Source: Royal Canadian Mounted Police

    Following a recent report of a firearm being discharged at a residence in Frederickton, 22-year-old Aaron Russell of Carmanville was arrested by RCMP on September 24, 2024.

    During the early morning hours of Saturday, September 14, 2024, Carmanville RCMP received a report of a shot fired at a home on Bayview Road in Frederickton. RCMP officers from Carmanville and Gander detachments, as well as RCMP Police Dog Services and Forensic Identification Services, attended the scene. The investigation determined that a shot had been fired at the home and that the incident was not a random act. No one was injured.

    RCMP NL’s East District General Investigation Section assisted in the investigation and the suspect, Aaron Russell, who was known to the home occupant, was identified. Efforts to locate Russell were unsuccessful and a warrant for his arrest was obtained.

    Russell turned himself in last evening and remains in custody. He will appear in court today and is charged with the following offences:

    • Unauthorized possession of a firearm
    • Discharging a firearm while being reckless
    • Careless use of a firearm

    The investigation is continuing.

    RCMP NL continues to fulfill its mandate to protect public safety, enforce the law, and ensure the delivery of priority policing services in Newfoundland and Labrador.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Security: Fishing Lake First Nation — Saskatchewan Serious Incident Response Team notified after male’s death

    Source: Royal Canadian Mounted Police

    On September 24, 2024, Saskatchewan RCMP received a report that a wanted male was in the Fishing Lake First Nation area.

    Multiple Saskatchewan RCMP units began searching for the male. Around 1 p.m., officers observed a van travelling at a high rate of speed. They activated their emergency lights and attempted a traffic stop. The vehicle did not stop.

    Soon after, Saskatchewan RCMP received a report the wanted male stole a van from a school on Fishing Lake First Nation. Investigation determined it was the van that fled from the officers. The male was reported to be armed.

    Officers pursued the van through roads in rural areas. Saskatchewan RCMP carefully monitored the pursuit for public safety risk, including preparing to send a dangerous person alert.

    At around 1:45 p.m., the van entered a field. Firearms were discharged and the van continued travelling.

    The van came to a stop and additional shots were discharged. The sole occupant was located inside, injured. He was declared deceased by EMS at the scene.

    The male has been identified as 34-year-old Joseph “Joey” Desjarlais. We are identifying him as Saskatchewan RCMP had asked the public for information about him in a number of media releases issued during the past two weeks.

    His family has been notified.

    As required by The Police Act, 1990, Saskatchewan RCMP notified the Saskatchewan Serious Incident Response Team (SIRT). SIRT will investigate the Saskatchewan RCMP’s interaction with the deceased and the circumstances of his death.

    The Saskatchewan RCMP is disclosing this as part of our ongoing commitment to transparency.

    Any inquiries regarding this matter can be directed to SIRT.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Video: FBI Los Angeles Warns of Hoax Threats

    Source: Federal Bureau of Investigation (FBI) (video statements)

    FBI Los Angeles Assistant Director in Charge Akil Davis warns of the consequence of posting hoax threats on social media. For a full transcript and download, visit:

    —————————————————
    Follow us on social media:
    X: https://twitter.com/fbi
    Facebook: https://facebook.com/FBI
    Instagram: https://instagram.com/fbi
    YouTube: youtube.com/user/fbi

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

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: FBI Seattle: Ask an ASAC: Counterintelligence

    Source: Federal Bureau of Investigation (FBI) (video statements)

    The FBI is the lead agency for exposing, preventing, and investigating intelligence activities in the U.S. In this video, FBI Seattle’s Assistant Special Agent in Charge gives an introduction of the counterintelligence program.

    —————————————————
    Follow us on social media:
    X: https://twitter.com/fbi
    Facebook: https://facebook.com/FBI
    Instagram: https://instagram.com/fbi
    YouTube: youtube.com/user/fbi

    https://www.youtube.com/watch?v=Yi31MId4THA

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: Ask an ASAC: Public Corruption and Civil Rights

    Source: Federal Bureau of Investigation (FBI) (video statements)

    Seattle ASAC discusses investigating public corruption and civil rights. For more info on these types of crimes, visit www.fbi.gov/civilrights and www.fbi.gov/publiccorruption.

    —————————————————
    Follow us on social media:
    X: https://twitter.com/fbi
    Facebook: https://facebook.com/FBI
    Instagram: https://instagram.com/fbi
    YouTube: youtube.com/user/fbi

    https://www.youtube.com/watch?v=aU8w-Upy1Rg

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: FBI Seattle ASAC Discusses White Collar Crime

    Source: Federal Bureau of Investigation (FBI) (video statements)

    FBI Seattle’s Assistant Special Agent in Charge talks about the different types of white collar crimes the FBI investigates. If you think you are a fraud victim, submit a complaint on IC3.gov.

    For more info on common scams the FBI encounters, visit www.fbi.gov/how-we-can-help-you/scams-and-safety/common-frauds-and-scams.

    —————————————————

    Follow us on social media:
    X: https://twitter.com/fbi
    Facebook: https://facebook.com/FBI
    Instagram: https://instagram.com/fbi
    YouTube: youtube.com/user/fbi

    https://www.youtube.com/watch?v=O16FvKs3Ntc

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Banking: Be Internet Awesome World: A fun new game to learn about online safety

    Source: Google

    Around the world, parents and teachers are eager for best practices and resources they can trust to help them navigate important conversations about online safety with their children and students. That’s why we created Be Internet Awesome, a program designed in partnership with leading child development and safety experts, focused on topics like how to spot scams, create strong passwords and be cautious about sharing personal information online. Over the years, we’ve educated more than 100 million children globally through this program.

    Today, we’re announcing Be Internet Awesome World, a new gaming experience on Roblox that will bring these same safety lessons to life in an interactive and fun way.

    Creating an immersive and educational game

    Roblox is one of the most popular online gaming platforms, with over 79.5 million daily active users. Working with Roblox helps Google to reach kids where they’re already spending time to teach them the basics of online safety.

    In the Be Internet Awesome experience, visitors will explore the magical world of the Internauts and learn how to navigate various real-world scenarios and risks by applying safety tips and critical thinking skills. They’ll have the ability to play multiple games, each based on a specific safety topic, ranging from identifying phishing attempts to practicing kindness online. During the game, players will receive immediate feedback, helping them learn through trial and error.

    This game-based learning approach not only reinforces the lessons of Be Internet Awesome, but also reimagines the curriculum in a new and exciting format for kids. Google’s experience is now available on Roblox.

    Promoting online safety and youth wellbeing

    Expanding Be Internet Awesome to a wider audience on Roblox is just one of the ways we keep more people safer online than anyone else in the world. Here are a few additional ways we’re working to promote online safety and youth wellbeing:

    • Partnering with Highlights Magazine: Earlier this year, we teamed up with Highlights to create a special edition of the magazine based on Google’s Be Internet Awesome curriculum. We’ve also partnered with the Boys and Girls club to host a series of events to help walk kids through the lessons and activities inside the magazine.
    • Investing in Teen Mental Health: Recently, Google.org launched a $10 million Teen Mental Health Initiative to help more than a million high school students and 10,000 teachers build strong mental health habits across the country. Google partnered with leading mental health and educational organizations on this effort including Selena Gomez’s Rare Impact Fund, DonorsChoose, JED Foundation, Child Mind Institute and The Steve Fund.
    • Building AI literacy: We’ve developed tailored resources to help teach teens how to use AI responsibly, including our AI Literacy Guide, and videos focused on the five must-knows of generative AI and how to use AI to uplevel learning.

    MIL OSI Global Banks –

    September 29, 2024

  • MIL-OSI USA: POSTPONED Subcommittee Hearing: “Foreign Policy, Interrupted: How Fraud, Waste, and Abuse Blunt America’s Impact Abroad”

    Source: US House Committee on Foreign Affairs

    Media Contact 202-226-8467

    Washington D.C. – The Subcommittee on Oversight and Accountability will postpone a hearing entitled, “Foreign Policy, Interrupted: How Fraud, Waste, and Abuse Blunt America’s Impact Abroad” to a future date soon.

    What: Hearing – “Foreign Policy, Interrupted: How Fraud, Waste, and Abuse Blunt America’s Impact Abroad”

    Date: TBD

    Time: TBD

    Location: Rayburn 2172

    Witnesses:

    The Honorable Cardell K. Richardson, Sr.
    Inspector General
    Office of Inspector General
    U.S. Department of State

    The Honorable Paul K. Martin
    Inspector General
    Office of Inspector General
    U.S. Agency for International Development

    Mr. Anthony Zakel
    Inspector General
    Office of Inspector General
    U.S. International Development Finance Corporation

    Documents:

    ***Additional witnesses may be added. Check here for updates.***

    ***Coverage note: All committee proceedings are webcast live here.***

    ###

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI USA: Commerce Dept. CHIPS Act Contract Falls Short of Biden-Harris Administration’s Standards

    Source: Communications Workers of America

    Today’s announcement of the CHIPS Act-funded contract the U.S. Department of Commerce has signed with Polar Semiconductor falls short of the standards set by the Biden-Harris Administration’s Executive Order on Investing in America and American Workers and Good Jobs Principles. In particular, the announcement and information on the CHIPS for America website contain no details about enforceable labor and environmental standards or public reporting requirements.

    “CHIPS and Science Act funds could be an important part of the Biden-Harris Administration’s investment in creating good, sustainable manufacturing jobs that revitalize our communities, but the final contract terms reported do not appear to reflect those priorities,” said Carl Kennebrew, President of IUE-CWA, the industrial division of the Communications Workers of America. “We know that the semiconductor industry has a well-documented history of low pay for production workers, lax standards for exposure to toxic chemicals, and union busting. Addressing those issues requires transparency and public reporting on enforceable commitments, which are not noted in the public description of this contract.”

    This potential lack of public transparency is of particular concern when it comes to worker safety. OSHA standards for toxic chemical exposure are outdated and do not cover many of the hazards present in semiconductor manufacturing.

    While the contract with Polar falls short, upcoming awards to Intel, Micron, Samsung and other large industry players offer an opportunity to address these issues.

    In order to ensure that the manufacturing facilities created through the CHIPS Act have a positive impact on the communities where they are situated, these contracts must:

    • Set specific requirements for job creation and retention, wages, training, and safety with robust public reporting on those measures to ensure that these funds create the good jobs that are intended.
    • Be enforced through strong non-compliance language and clawback provisions should companies violate federal law or fall short on honoring their commitments.
    • Require that production workers have a free and fair opportunity to join a union. Union membership gives workers a seat at the table to set high standards for these facilities and provides an additional layer of transparency into how these standards are being implemented on the factory floor.

    ###

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI Security: Federal Jury Convicts Browning Man of Distributing Fentanyl That Resulted in Death of Man on Blackfeet Indian Reservation

    Source: Federal Bureau of Investigation (FBI) State Crime News

    GREAT FALLS — A federal jury on Thursday found a Browning man guilty of distributing fentanyl that resulted in the death of a man in his home on the Blackfeet Indian Reservation, U.S. Attorney Jesse Laslovich said today.

    After a three-day trial that began on Sept. 17, the jury found the defendant, Douglas Darren Malatare, 59, guilty of distribution of fentanyl resulting in death and possession with intent to distribute fentanyl as charged in an indictment. Malatare faces a mandatory minimum of 20 years to life in prison, a $1 million fine and at least three years of supervised release on the distribution charge and a mandatory minimum of five years to 40 years in prison, a $5 million fine and at least four years of supervised release on the possession charge.

    Chief U.S. District Judge Brian M. Morris presided. The court set sentencing for Jan. 22, 2025. Malatare was detained pending further proceedings.

    “Fentanyl is our nation’s deadliest illicit drug threat, as it is devastating families and communities. And we are fiercely determined to hold accountable those who are responsible for such devastation, especially when one’s drug trafficking results in another’s death. Malatare poisoned the Blackfeet reservation and made thousands of dollars doing it, including costing the victim his life. I applaud the jury for holding Malatare accountable and am relieved Malatare will no longer be poisoning the streets of Browning and the surrounding area,” U.S. Attorney Laslovich said.

    In court documents and at trial, the government alleged that on Nov. 19, 2022, the mother of the victim, John Doe, with whom she shared a residence, found him deceased in his bathroom. Doe was 49 years old when he died, and his body showed no obvious signs of cause of death. Blackfeet Law Enforcement Services and the Glacier County coroner investigated. In Doe’s bedroom, law enforcement found blue powder and a straw on top of a dresser. Doe’s mother reported that Doe had been at the residence the evening before. That evening, Doe’s friend, Malatare, had visited with Doe outside the residence. Doe and his mother then had dinner, during which she noticed Doe had a hard time staying awake. Doe’s mother found him unresponsive in the bathroom. Forensic testing and an autopsy conducted on Doe’s body showed that he had fentanyl in his blood and urine. Ibuprofen and hydrocodone also were detected in his body. A medical examiner concluded that Doe had died of acute fentanyl intoxication.

    The government further alleged that a law enforcement search of Doe’s cell phone found a text exchange between Doe and Malatare the evening Doe overdosed. The exchange included:

    Malatare to Doe: “Catch up with you lil bit bro, you looking.”

    Doe to Malatare: “Yeah, I’ll be home. Just got off work. I can only afford half if you can stop by.”

    An investigation determined that beginning in at least September 2022, an individual named “Doug,” and later identified as Malatare, was bringing fentanyl from Washington to the Blackfeet Indian Reservation and that Malatare made several quick trips back and forth to Washington between September and December 2022. On Dec. 17, 2022, Blackfeet Law Enforcement Services stopped Malatare for speeding and used a K-9 to conduct a sniff search on the car. The K-9 alerted to the presence of narcotics. Law enforcement seized the car and obtained a search warrant. Officers searched a fanny pack before allowing Malatare to possess it and found a bag of blue and white pills that they suspected contained fentanyl. In a search of the vehicle, officers found a quantity of multi-colored fentanyl pills in the back seat behind a middle armrest. They also recovered a digital scale and multiple rolls of U.S. currency.  An analysis determined both the multi-colored pills and blue and white pills contained fentanyl. In total, the Drug Enforcement Administration lab found more than 600 fentanyl pills. A witness told law enforcement that Malatare was bragging that he purchased the pills for $2 per pill in Washington and sold them for $50 to $60 per pill in Montana. The pills seized from Malatare had an estimated street value of more than $30,000. 

    The U.S. Attorney’s Office is prosecuting the case. The Blackfeet Law Enforcement Services, Bureau of Indian Affairs, Montana Division of Criminal Investigation, Glacier County Sheriff’s Office, DEA, and FBI conducted the investigation.

    XXX

    MIL Security OSI –

    September 29, 2024
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