NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: KB

  • MIL-OSI: Completion of proportionate buyback of shares from Alm. Brand af 1792 fmba

    Source: GlobeNewswire (MIL-OSI)

    Today, Alm. Brand Group A/S has completed a block buyback of 3,159,286 shares for a total amount of DKK 47.8 million from Alm. Brand af 1792 fmba, equivalent to 47.8% of the total share buyback of DKK 100 million announced on 22 January 2025 through company announcement no. 4/2025. The block buyback was completed to maintain Alm. Brand af 1792 fmba’s percentage ownership interest in Alm. Brand Group A/S following completion of the total share buyback. The buyback was completed at the closing price of the company’s shares on Nasdaq Copenhagen on 5 February 2025.

    Contact
    Please direct any questions regarding this announcement to:

    Head of IR, Rating and ESG reporting                 
    Mads Thinggaard                                                 

    Mobile no. +45 2025 5469

    Attachment

    • AS 8 2025 – Share buyback from main shareholder

    The MIL Network –

    February 6, 2025
  • MIL-OSI: SOITEC REPORTS FY’25 THIRD QUARTER REVENUE

    Source: GlobeNewswire (MIL-OSI)

    SOITEC REPORTS FY’25 THIRD QUARTER REVENUE

    • Reaching €226m, Q3’25 revenue was almost stable vs. Q2’25 and down 10% at constant exchange rates and perimeter compared with Q3’24
    • 9M’25 revenue reached €564m, down 12% on a reported basis and decreased by 13% at constant exchange rates and perimeter vs. 9M’24
    • FY’25 guidance revised: revenue expected to decrease by high single digit year-on-year at constant exchange rates and perimeter (compared to flat previously), and EBITDA1margin2expected between 32% and 34% (compared to around 35% previously)
    • Given the current lack of visibility on end markets, Soitec expects at this stage quite limited growth for FY’26

    Bernin (Grenoble), France, February 5th, 2025 – Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced consolidated revenue of 226 million Euros for the third quarter of FY’25 (ended December 29th, 2024), down 6% on a reported basis compared to the third quarter of FY’24. This reflects a 10% decline at constant exchange rates and perimeter, a positive currency impact of 5% and a negative scope effect3 of 1%.

    Pierre Barnabé, Soitec’s CEO, commented: “After a very strong sequential rebound in the second quarter, we maintained the third-quarter revenue at a fairly similar level. The good performance of the Mobile Communications division was driven by sustained momentum in POI, and a seasonal tailwind in RF-SOI sales. Despite seasonal restocking in the second half of the fiscal year, the customers continue to optimize RF-SOI inventory levels based on seasonality and market conditions, which will keep driving fluctuations over the next few quarters. At the same time, we are strengthening our position as a leader, notably with the introduction of new innovative 300mm products. The Automotive and Industrial division continues to be impacted by a weak automotive market. In Edge & Cloud AI, the momentum remains strong, supported by significant investments in cloud infrastructure across the industry to accelerate AI computing power, as well as increasing demand at the edge for lower energy consumption and processing costs.

    Due to worsening conditions in the Automotive and Consumer markets, a couple of customers have requested to put some delivery requests on hold. As a consequence, we are adjusting our guidance for fiscal year 2025, with annual revenue expected to decrease by high single digit year-on-year. We are managing our EBITDA margin to be between 32% and 34%.

    With the lack of visibility on our end markets for now, it is also too early to provide specific guidance for fiscal year 2026. Given current market conditions, we expect at this stage quite limited growth for fiscal year 2026.

    Our fundamentals remain solid and will allow us to accelerate as end markets recover. We continue to enhance our technology leadership, to strengthen our SOI positioning with both existing and new customers, and to deploy our expansion into compound semiconductors with the acceleration of POI volumes and a fifth customer in qualification on SmartSiCTM.”

    Third quarter FY’25 consolidated revenue (unaudited)

      Q3’25 Q3’24 Q3’25/Q3’24
             
             
    (Euros millions)     change reported chg. at const. exch. rates & perimeter
             
    Mobile Communications 154 130 +18% +11%
    Automotive & Industrial 25 44 -43% -47%
    Edge & Cloud AI 47 65 -28% -30%
             
    Revenue 226 240 -6% -10%

    Q3’25 revenue reached 226 million Euros. After the sharp sequential increase achieved in Q2’25, it was up 4% versus Q2’25 on a reported basis (down 2% at constant exchange rates and perimeter). Compared to Q3’24, it was down 10% at constant exchange rates and perimeter.

    Q3’25 revenue reflected an improved performance in Mobile Communications and a weaker performance in Automotive & Industrial as well as in Edge & Cloud AI which was due to a different phasing in Imager-SOI wafer sales.

    Mobile Communications

    Mobile Communications revenue reached 154 million Euros in Q3’25, up 11% at constant exchange rates and perimeter compared to Q3’24. In the context of a healthier smartphone market and inventory situation, Mobile Communications revenue continued to recover in Q3’25 after the sharp rebound already experienced in Q2’25.

    As expected, growth in RF-SOI wafer sales has resumed. Q3’25 sales were significantly higher than in Q2’25, and also higher than in Q3’24. While reflecting different situations, inventories in the overall supply chain now seem to progressively normalize. Soitec is confident that growth in RF-SOI wafer sales will continue in Q4’25. Soitec continues to reinforce its strong customer intimacy, leveraging state-of-the-art Innovation capabilities to develop leading-edge products, as evidenced by the announcement of its commitment to provide GlobalFoundries with its latest generation of RF-SOI 300mm wafers to support GF’s most advanced 9SW platform.

    Sales of POI (Piezoelectric-on-Insulator) wafers dedicated to RF filters continue to grow quarter after quarter, as the adoption of Surface Acoustic Wave (SAW) filters on POI is accelerating with ten active customers in production, and more than ten in qualification. Q3’25 POI wafer sales were significantly higher than in Q2’25 and Q3’24. Soitec is engaged with all leading US fabless companies.

    Sales of FD-SOI wafers, the only solution for fully integrated 5G mmWave system-on-chip, have made further progress in Q3’25, showing an increase from Q2’25 as well as growth compared to Q3’24.

    Automotive & Industrial

    Automotive & Industrial revenue reached 25 million Euros in Q3’25, lower than in Q2’25 and down 47% at constant exchange rates and perimeter compared Q3’24, reflecting the ongoing difficulties of the automotive market.

    Power-SOI wafer sales reached a particularly low level in Q3’25, as the ongoing weakness of the automotive market is leading to some inventory adjustments at customer level. Power-SOI remains a key component for gate drivers, in vehicle networking and in Battery Management ICs.

    Conversely, FD-SOI wafers recorded a better level of sales in Q3’25 than in Q3’24. Automotive FD-SOI continue to be mostly driven by adoption for microcontrollers, radar and wireless connectivity, delivering on superior performance and power efficiency.

    Further SmartSiCTM samples and prototypes were delivered during Q3’25, paving the way for new qualifications. Soitec has engaged with a fifth customer in a qualification process. The current weakness of the automotive market and the longer than initially anticipated customers’ qualification cycles confirm a delay in the expected wafer production ramp-up, as stated earlier this year.

    Edge & Cloud AI

    Edge & Cloud AI revenue reached 47 million Euros in Q3’25, down 30% at constant exchange rates and perimeter compared to Q3’24. Performance was however contrasted from one product to another.

    Demand in Photonics-SOI wafers continue to benefit from a very positive momentum driven by high investments in Cloud infrastructure. Sales of Photonics-SOI were much stronger in Q3’25 than in Q2’25, and significantly higher than in Q3’24. This reflects the need for more powerful and more energy-efficient data centers to support the exponential growth of AI-related computing power capabilities. Photonics-SOI has become a standard technology platform for high-speed and high bandwidth optical interconnections in data centers, adopted in pluggable optical transceivers, and used for the development of Co-Packaged Optics.

    Sales of FD-SOI wafers remained as strong as in Q2’25 but were lower than in Q3’24. FD-SOI technology is a key enabler for AI-driven consumer and industrial IoT applications due to its unique power efficiency, performance, thermal management and reliability advantages.

    Sales of Imager-SOI wafers for 3D imaging applications are down year-on-year, reflecting the phase out of this product.

    First nine months FY’25 consolidated revenue (unaudited)

      9M’25 9M’24 9M’25/9M’24
             
    (Euros millions)     change reported chg. at const. exch. rates & perimeter
             
    Mobile Communications 326 388 -16% -18%
    Automotive & Industrial 84 119 -29% -31%
    Edge & Cloud AI 154 133 +15% +16%
             
    Revenue 564 641 -12% -13%

    Consolidated revenue reached 564 million Euros in 9M’25, down 13% at constant exchange rates and perimeter compared to 641 million Euros in 9M’24.

    Overall, the decrease in Soitec’s 9M’25 revenue essentially reflects lower volumes in both RF-SOI and Power-SOI wafers, partly offset by strong performances in POI, Photonics-SOI and Imager-SOI wafers.

    Mobile Communications revenue reached 326 million Euros in 9M’25 (58% of total revenue), down 18% at constant exchange rates and perimeter compared to 9M’24, with significant improvement quarter after quarter over FY’25.

    Automotive & Industrial revenue amounted to 84 million Euros in 9M’25 (15% of total revenue), down 31% at constant exchange rates and perimeter compared to 9M’24, reflecting the current weakness of the automotive market.

    Edge & Cloud AI revenue reached 154 million Euros in 9M’25 (27% of total revenue), up 16% at constant exchange rates and perimeter compared to 9M’24, supported by strong growth of photonics SOI products.

    FY’25 outlook

    Soitec expects FY’25 revenue to be down high single digit year on year, at constant exchange rates and perimeter (compared to flat revenue previously) as a couple of customers requested to put some deliveries on hold on the back of worsening conditions in the Automotive and Consumer markets. This implies strong sequential growth in Q4’25, primarily driven by the continued recovery in RF-SOI wafer sales supported by some seasonal restocking. Additionally, Soitec will continue to benefit from strong demand for Photonics-SOI products and the growing adoption of POI.

    Soitec is managing FY’25 EBITDA1margin2 to be between 32% and 34%.

    FY’26 outlook

    With the lack of visibility on our end markets for now, it is too early to provide specific guidance for fiscal year 2026. Given current market conditions, Soitec expects at this stage quite limited growth for fiscal year 2026.

    Q3’25 key events

    Divestment of Dolphin Design’s main businesses

    Dolphin Design’s mixed-signal IP activities have been acquired on November 5th, 2024, by Jolt Capital, a private equity firm specializing in European deeptech investments. Dolphin Design’s ASIC activities were sold to NanoXplore, a major player in SoC and FPGA semiconductor design, on December 30th, 2024.

    Dolphin Design, acquired by Soitec in 2018, has long been at the forefront of delivering cutting-edge semiconductor design solutions in mixed-signal IP and ASICs.The sale of Dolphin Design’s two main business activities will support Soitec’s focus on strategic development and growth opportunities in its core advanced semiconductor materials business.

    Following these operations, Dolphin Design revenue will no longer be reported from Q4’25 onwards, and will have no impact on Soitec financial statements from FY’26.

    Appointment of Frédéric Lissalde as Chairman of the Board

    During the meeting of the Board of Directors held on November 20th, 2024, upon recommendation of the Compensation and Nominations Committee, Frédéric Lissalde, who has been Director since the Annual General Meeting held on July 23rd, 2024, was appointed as Chairman of the Board of Directors as of March 1st, 2025, for the remainder of his term of office as Director.

    Soitec to collaborate with GlobalFoundries in the production of high-performance RF-SOI semiconductors

    On December 4th, 2024, Soitec announced its commitment to deliver 300mm RF-SOI substrates to GlobalFoundries (GF) for the production of GF’s leading RF-SOI technology platforms, including the company’s most advanced RF solution, 9SW. Building on the longstanding relationship between the two companies, this commitment will ensure the supply of advanced RF-SOI engineered substrates required for 5G, 5G-Advanced, Wi-Fi, and other smart mobile device Radio Frequency Front-End (RFFE) modules. To support advanced connectivity, GF’s 9SW RF-SOI platform with its superior switching, low-noise amplifiers (LNA) and logic processing capabilities offers significant advantages and value for premium smartphones by delivering enhanced RF performance, improved power efficiency and scalability. These features are critical for ensuring a superior user experience in high-end devices.

    Soitec continues its collaboration with MIT’s Microsystems Technology Laboratories, thereby strengthening its presence in the United States

    On December 12th, 2024, Soitec announced the continuation of its research collaboration with the Microsystems Technology Laboratories (MTL) of the Massachusetts Institute of Technology (MIT). This agreement covers research in innovative semiconductor materials for diverse applications, including mobile communications, power devices, sensors and quantum computing. Soitec is thereby further solidifying its presence in the North American semiconductor sector, intensifying its efforts amidst favorable industrial and regulatory dynamics supporting semiconductor development.

    # # #

    Analysts conference call to be held in English on Thursday 6thFebruary at 8:00 am CET.

    To listen this conference call, the audiocast is available live and in replay at the following address: https://channel.royalcast.com/soitec/#!/soitec/20250206_1

    # # #

    Agenda

    FY’25 results are due to be published on May 27th, 2025, after market close.

    # # #

    Disclaimer

    This document is provided by Soitec (the “Company”) for information purposes only.

    The Company’s business operations and financial position are described in the Company’s 2023-2024 Universal Registration Document (which notably includes the Annual Financial Report) which was filed on June 5th, 2024, with the French stock market authority (Autorité des Marchés Financiers, or AMF) under number D.24-0462, as well as in the Company’s 2024-2025 half-year financial report released on November 20th, 2024. The French versions of the 2023-2024 Universal Registration Document and the 2024-2025 half-year financial report, together with English courtesy translations for information purposes of both documents, are available for consultation on the Company’s website (www.soitec.com), in the section Company – Investors – Financial Reports.

    Your attention is drawn to the risk factors described in Chapter 2.1 (Risk factors and controls mechanism) of the Company’s 2023-2024 Universal Registration Document.

    This document contains summary information and should be read in conjunction with the 2023-2024 Universal Registration Document and the 2024-2025 half-year financial report.

    This document contains certain forward-looking statements. These forward-looking statements relate to the Company’s future prospects, developments and strategy and are based on analyses of earnings forecasts and estimates of amounts not yet determinable. By their nature, forward-looking statements are subject to a variety of risks and uncertainties as they relate to future events and are dependent on circumstances that may or may not materialize in the future. Forward-looking statements are not a guarantee of the Company’s future performance. The occurrence of any of the risks described in Chapter 2.1 (Risk factors and controls mechanism) of the 2023-2024 Universal Registration Document may have an impact on these forward-looking statements.

    The Company’s actual financial position, results and cash flows, as well as the trends in the sector in which the Company operates may differ materially from those contained in this document. Furthermore, even if the Company’s financial position, results, cash-flows and the developments in the sector in which the Company operates were to conform to the forward-looking statements contained in this document, such elements cannot be construed as a reliable indication of the Company’s future results or developments.

    The Company does not undertake any obligation to update or make any correction to any forward-looking statement in order to reflect an event or circumstance that may occur after the date of this document.

    This document does not constitute or form part of an offer or a solicitation to purchase, subscribe for, or sell the Company’s securities in any country whatsoever. This document, or any part thereof, shall not form the basis of, or be relied upon in connection with, any contract, commitment or investment decision.

    Notably, this document does not constitute an offer or solicitation to purchase, subscribe for or to sell securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from the registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Company’s shares have not been and will not be registered under the Securities Act. Neither the Company nor any other person intends to conduct a public offering of the Company’s securities in the United States.

    # # #

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge & Cloud AI (previously Smart Devices). The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on X: @Soitec_Official

    # # #

    # # #

    Appendix

    Consolidated revenue per quarter (Q3’25 unaudited)

    Quarterly revenue Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25   9M’24 9M’25
     

    (Euros millions)

                       
                         
    Mobile Communications 89    169    130    222 48    124    154      388 326   
    Automotive & Industrial 37 38 44 44 26 33 25   119 84
    Edge & Cloud AI 31 37 65 70 46 61 47   133 154
                         
    Revenue 157    245    240    337 121    217    226      641    564   
    Change in quarterly revenue Q1’25/Q1’24 Q2’25/Q2’24 Q3’25/Q3’24   9M’25/9M’24
      Reported
    change
    Organic change1 Reported
    change
    Organic change1 Reported
    change
    Organic change1   Reported
    change
    Organic change1
    (vs. previous year)                  
                       
    Mobile Communications -45% -46% -27% -25% +18% +11%   -16% -18%
    Automotive & Industrial -29% -31% -13% -11% -43% -47%   -29% -31%
    Edge & Cloud AI +49% +47% +62% +66% -28% -30%   +15% +16%
                       
    Revenue -23% -24% -11% -9% -6% -10%   -12% -13%
    1. At constant exchange rates and comparable scope of consolidation (there was no scope effect in Q1’25 and Q2’25 vs. Q1’24 and Q2’24 – in Q3’25 Soitec sold Dolphin Design’s mixed signal IP activities on November 5th, 2024)

    # # #


    1 The EBITDA represents operating income (EBIT) before depreciation, amortization, impairment of non-current assets, non-cash items relating to share-based payments, provisions for impairment of current assets and for contingencies and expenses, and disposals gains and losses. This alternative indicator of performance is a non-IFRS quantitative measure used to measure the company’s ability to generate cash from its operating activities. EBITDA is not defined by an IFRS standard and must not be considered an alternative to any other financial indicator

    2 EBITDA margin = EBITDA from continuing operations / Revenue

    3 The scope effect is related to the divestment of Dolphin Design’s mixed signal IP activities which was completed on November 5th, 2024

    Attachment

    • Soitec Q3’25 revenue VUK 05 02 25_Published

    The MIL Network –

    February 6, 2025
  • MIL-OSI: Alm. Brand – Report on trading in Alm. Brand A/S shares by executives and their related parties

    Source: GlobeNewswire (MIL-OSI)

    Alm. Brand – Report on trading in Alm. Brand A/S shares by executives and their related parties

    Pursuant to article 19 of the EU Regulation 596/2014 and Alm. Brand A/S is required to publish information on trading in shares in Alm. Brand A/S or other securities related to these shares by executives and their related parties.

    Please see attached report.

    Contact
    Please direct any questions regarding this announcement to:

    Mads Thinggaard – Head of IR, Rating & ESG Reporting – mobile no. +45 2025 5469

    Attachment

    • AS 9 2025 – Report on trading Foreningen Alm. Brand af 1792 fmba

    The MIL Network –

    February 6, 2025
  • MIL-OSI: Canadian General Investments: Investment Update – Unaudited

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Canada, Feb. 05, 2025 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2025 was $70.79 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.1% and 26.3%, respectively. These compare with the 3.5% and 25.2% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

    The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at January 31, 2025, the leverage represented 13.5% of CGI’s net assets, down from 13.8% at the end of 2024 and 14.7% at January 31, 2024.

    The closing price for CGI’s common shares at January 31, 2025 was $39.75, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.8% and 14.0%, respectively.

    The sector weightings of CGI’s investment portfolio at market as of January 31, 2025 were as follows:

         
    Information Technology 23.7 %
    Industrials 22.7 %
    Financials 13.9 %
    Energy 11.7 %
    Materials 11.4 %
    Consumer Discretionary 9.9 %
    Real Estate 4.2 %
    Cash & Cash Equivalents 1.9 %
    Communication Services 0.6 %
         

    The top ten investments which comprised 37.0% of the investment portfolio at market as of January 31, 2025 were as follows:

         
    The Descartes Systems Group Inc. 4.0 %
    TFI International Inc. 4.0 %
    Canadian Pacific Kansas City Limited 4.0 %
    NVIDIA Corporation 3.9 %
    Celestica Inc. 3.7 %
    Apple Inc. 3.5 %
    Shopify Inc. 3.5 %
    WSP Global Inc. 3.5 %
    Mastercard Incorporated 3.5 %
    Franco-Nevada Corporation 3.4 %
         

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Jonathan A. Morgan
    President & CEO
    Phone: (416) 366-2931
    Fax: (416) 366-2729
    e-mail: cgifund@mmainvestments.com
    website: www.canadiangeneralinvestments.ca

    The MIL Network –

    February 6, 2025
  • MIL-OSI Economics: Samsung and Cielo Partner to Redefine Retail Advertising with AI-Powered Digital Signage Technology

    Source: Samsung

    Samsung has partnered with Cielo, a leader in AI-powered franchise solutions, to transform retail advertising and franchise operations. This collaboration combines Samsung’s VXT display technology and Cielo’s AI-driven platform, introducing game-changing tools for digital marketing and operational efficiency.
    As part of this strategic alliance, Cielo is introducing SmartSigns , a Digital Signage as a Service (DaaS) solution that leverages Samsung’s VXT technology to deliver ‘the right message to the right audience at the right time.’ By integrating CieloVision’s KYAI (Know Your Audience Intelligence) for real-time analytics and AI-driven advertising, businesses gain powerful insights into consumer engagement.
    “We’re thrilled to bring our SmartSigns vision to life with Samsung,” said Imre Szenttornyay, CEO of Cielo. “By combining Samsung’s leading-edge VXT platform with Cielo’s proprietary AI and analytics, we’re delivering a fully integrated solution that helps businesses meet modern consumer demands. Our mission is to make AI-driven insights accessible to every franchise operator, fueling growth and innovation across retail sectors.”

    At the heart of this partnership is Cielo SmartSigns Pro, starting at $199/month per display, which includes an AI camera, VXT Pro license, AI task, marketing credit and CieloEssentials remote support. This plug-and-play solution simplifies deployment, management and support for digital signage ecosystems, requiring no upfront expenses.
    The CieloVision platform, featuring KYAI , will use computer vision and AI to analyze consumer sentiment, dwell time and behavior patterns, enabling hyper-targeted advertising campaigns with measurable ROI. These tools are also designed to mitigate risks and ensure compliance in franchise operations.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Europe: Foreign digital interference – Publication of the VIGINUM report on information manipulation (05.02.25)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    Amid a surge in attempts to interfere with European election processes, specifically via digital platforms, the Ministry for Europe and Foreign Affairs and the Minister Delegate for Europe are particularly committed to supporting our affected partners and using all the necessary tools at the European and national levels to safeguard the integrity of elections.

    In this regard, the Service for Vigilance and Protection against Foreign Digital Interference (VIGINUM) published a report today on the particularly egregious examples of information manipulation seen in the 2024 Romanian presidential election. The report analyzes the methods used on TikTok to artificially promote certain content and exploit influencers. It assesses the risk of such methods being used in France.

    France supported the European Commission’s measures vis-à-vis TikTok in such cases and stands with Romania to combat foreign digital interference targeting our democracies. Minister Delegate for Europe Benjamin Haddad will be in Bucharest on February 5 and 6 to discuss these subjects.

    France calls for the swift and full implementation of the Digital Services Act (DSA) as well as the completion of current investigations into certain digital platforms, as requested in a letter co-signed by 11 other Member States that was sent to the Commission last week.

    MIL OSI Europe News –

    February 6, 2025
  • MIL-OSI United Kingdom: Net Zero Council relaunched to supercharge Clean Energy Superpower Mission

    Source: United Kingdom – Executive Government & Departments

    Government relaunches an expanded Net Zero Council, bringing together business, civil society and local authorities to drive the clean energy transition as part of the Plan for Growth.

    • New Net Zero Council is tasked with ensuring the clean energy transition drives economic growth and creates jobs as part of government’s Plan for Change
    • brings together a broader range of representatives from organisations including World Wildlife Fund, Design Council and Local Government Association, alongside others including Siemens, HSBC and Nestle
    • Council to deepen public-private partnership to maximise economic opportunities for the UK

    Leaders from major businesses, civil society and local authorities have backed the government’s pro-growth and clean energy superpower missions following a meeting of the relaunched Net Zero Council (5 February), with a plan to help sectors accelerate to net zero and support thousands of jobs.

    Co-chaired by Energy Secretary Ed Miliband and Co-operative Group CEO Shrine Khoury-Haq, the Council brings together leaders from some of the UK’s biggest businesses, charities and organisations, as well as trade unions and local authorities.  

    New members include representatives from the Trades Union Congress and Design Council, bringing expertise of green skills and jobs creation to the council to support the government’s mission for clean energy growth on the path to net zero.  

    This broader coalition strengthens the Council’s ability to unlock the opportunities of decarbonisation, with major industry players such as Siemens, Nestle and HSBC returning to the Council alongside new members including the Local Government Association and Aviva Investors to seize the growth opportunities of decarbonising the economy. 

    The first meeting focused on agreeing the Council’s priorities for 2025/26, which will include: 

    • a new focus on providing expert input to inform government strategies relating to net zero
    • supporting the development and delivery of sector roadmaps, helping businesses to develop transition plans and investors to identify opportunities
    • supporting small and medium-sized enterprises to decarbonise while maximising the benefits of the transition
    • informing the government’s approach to public engagement and developing products to support public participation with net zero

    A new Delivery Group will oversee the Council’s workstreams and help to drive progress. 

    The relaunch reflects a new mission-led approach, ensuring government actively engages with a broad range of industry leaders and stakeholders to drive progress towards net zero. This will support the Plan for Change to help deliver new jobs and economic opportunities while ensuring a fair transition. 

    Energy Secretary Ed Miliband said: 

    Businesses and leaders across our country recognise that clean power and accelerating towards net zero represents the economic opportunity of the 21st century.  

    It is one which will protect bills, create jobs, and tackle the climate crisis. This Council is about mission-driven leadership, bringing government, business and civil society together to turn ambition into action. 

    By working in partnership, we can drive the investment, innovation and industrial transformation needed to make the UK a clean energy superpower.  

    Climate Minister Kerry McCarthy said: 

    The relaunch of the Net Zero Council comes at a critical moment in the UK’s journey towards a clean energy future.  

    Bringing together leaders from across business, finance and civil society, the Council will play a crucial role in accelerating net zero ambitions, driving economic growth and creating thousands of jobs. 

    Shirine Khoury-Haq, CEO of The Co-operative Group, said: 

    Working urgently for a faster, fairer transition to a greener, cleaner economy is an absolute imperative. For the sake of our planet and for every community here in the UK and around the globe, it’s crucial we work together to unlock the significant opportunities the transition will bring for economic growth too. 

    I’m therefore delighted to be continuing in my role as Co-chair of the Net Zero Council. The science couldn’t be clearer that we must act collectively and decisively, and co-operation between businesses, civic society and government is what we need now more than ever. 

    While the Council itself is made up of senior leaders from key sectors, it is committed to an inclusive engagement strategy, ensuring a broad range of voices contribute to net zero delivery beyond formal members. This approach will ensure that businesses, communities and experts across the UK have opportunities to inform strategy, share best practices and help shape the transition. 

    Statements from Net Zero Council and Delivery Group members  

    Bev Cornaby, Director of the UK Corporate Leaders Group (CLG UK), said:

    The relaunch of the Net Zero Council marks an important step in strengthening collaboration between government, business, civil society, and local government to accelerate the UK’s transition to net zero. Businesses are ready to lead, invest, and innovate, but they need the right policy framework and long-term clarity to unlock the full potential of a clean, competitive economy. The UK Corporate Leaders Group welcomes the opportunity to bring business leadership and ambition to the Council, supporting accelerated delivery and ensuring that government strategies are informed by real-world insights and that industry can play a central role in delivering a net zero future.

    David Thomas, Chief Executive of Barratt Redrow, said:  

    I’m pleased to join the Net Zero Council at a critical time for the environment and as we scale up to build the new high quality, energy efficient homes the UK desperately needs. 

    Government has set out its clear ambition to shift to clean energy, meanwhile the homebuilding industry is making good progress towards delivering net zero homes and places – but we must unite behind one plan and work together to build a sustainable future.

    Minnie Moll, Chief Executive of the Design Council, said:   

    I am honoured to join the Net Zero Council to contribute to this crucial national mission and represent the voice of design as a transformative tool for innovation. Design has the power to cut across sectors, fuelling innovative thinking, embracing circular approaches, and turning the challenges of climate change into opportunities for economic growth, improved quality of life, and a cleaner, more sustainable future for all. We are excited to bring our expertise to this ambitious mission and support the UK’s leadership in becoming a clean energy superpower.

    John Scanlon, Chief Executive Officer for SUEZ recycling and recovery UK said: 

    I am delighted to bring SUEZ’s expertise in the circular economy to the Net Zero Council. Often unseen, the work of the waste and resources sector sits at the core of the delivery of the Industrial Strategy – at the same time as we are taking steps to decarbonise our own operations, the sector is helping other sectors to decarbonise by providing secondary resources for manufacturing, and energy and fuels for transport, homes and industry. A resource efficient economy is a thriving economy and I’m looking forward to working in partnership with industry peers to advance the Government’s mission to become a Clean Energy Superpower.

    Ian Simm, Founder & Chief Executive, Impax Asset Management said:  

    It’s very encouraging to see the Net Zero Council relaunched and I welcome the decision to expand its membership to include representatives from civil society and local government. The Council has a vital role to play at a moment when pivotal decisions are being made that will decide the future shape of the UK economy, not least on housing, infrastructure, and energy supply. I look forward to providing an investor’s view regarding how the Council can maximise its impact and effectiveness, both in helping to shape the shift to a net-zero economy and in supporting the Government’s broader and much needed growth agenda.

     Jennifer Beckwith, Senior Manager, CBI, said: 

    Accelerating to net zero and achieving growth is society’s defining economic challenge – one that can only be achieved through industry and government partnership. Inaction on the transition is costlier than action and business wants to play its part in achieving sustainable growth. 

    Increasing decarbonisation beyond the power sector is the big opportunity to grow clean energy markets, scale infrastructure and advance green technologies. The government leading collaboration across business and finance sectors powerfully signals to investors a focus on delivery that can help get capital moving.

    Ed Lockhart, Convenor, Broadway Initiative, said: 

    UK businesses need certainty, including on the transition to a clean energy future, to invest, grow and ultimately improve living standards. 

    By launching the Net Zero Council aligned to the clean energy mission, the Government is providing a much-needed platform for the business community, financial institutions, civil society and Government to work in partnership on a shared and inclusive long-term plan. 

    The Broadway Initiative looks forward to bringing business and environmental organisations together to make the most of this opportunity.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 5 February 2025

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI United Kingdom: Help make Salford pharmacies better

    Source: City of Salford

    The Salford Health and Wellbeing Board is working on a new Pharmaceutical Needs Assessment (PNA) for local Salford pharmacies.

    Residents across Salford are being asked to share their experiences. What services do you currently use at local pharmacies, and what services do you need? Are some of the questions being asked.

    The Pharmaceutical Needs Assessment (PNA) examines the current provision of pharmaceutical services in Salford and whether this meets the population’s needs.

    The assessment helps identify any potential gaps in pharmaceutical service delivery. For example, NHS England will use the PNA to help decide whether to approve applications for new pharmacies in Salford.

    Salford Health and Wellbeing Board is conducting a new Pharmaceutical Needs Assessment (PNA) for Salford, which involves gathering feedback from the public regarding pharmacy services.

    The PNA is a legal requirement for the Salford Health and Wellbeing Board. However, residents sharing opinions can help ensure that pharmacy services in Salford are tailored to residents’ needs.

    Responses will assist in identifying any gaps in services and could influence future decisions regarding changes in pharmacy provision.

    Councillor Mishal Saeed, Executive Support Member for Social Care and Mental Health, said: “Our local pharmacies are essential pillars of our community, providing invaluable care and support through services like NHS Pharmacy First and the NHS Minor Ailment Scheme. With many pharmacies offering weekend access and free consultations for common illnesses, we are making healthcare more accessible than ever.

    Pharmacists are on hand to address medication concerns, promote healthy living, and offer vital services such as contraception and smoking cessation support. By collaborating and promoting initiatives within our networks, we can enhance the support for local pharmacy services in Salford and ensure that every member of our community has access to the care they need.

    We would greatly appreciate your support in promoting the survey within your networks, community groups and digital channels to encourage as many responses as possible. Your contribution will be invaluable to local pharmacy services in Salford.”

    Residents looking to share their feedback and have their say should visit, www.salford.gov.uk/pharmacysurvey.

    Share this


    Date published
    Wednesday 5 February 2025

    Press and media enquiries

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI United Kingdom: New climate plan set to be scrutinised

    Source: City of Plymouth

    A range of new measures designed to help reduce greenhouse gas emissions throughout Plymouth are set to be discussed by members next week.

    The latest incarnation of the Net Zero Action Plan (NZAP), a three-year delivery strategy that sets out the City Council’s response to its pledge to reach net zero, will be debated by the Natural Infrastructure and Growth scrutiny panel on Wednesday 12 February.

    While detailing updates on a number of ongoing actions like the continuing electrification of fleet vehicles, as well as the retro-fitting of low-carbon heating methods on buildings, new initiatives are also in the pipeline.

    These include:

    • Beginning the delivery of the externally-funded £400m heat network which will see major buildings in the city centre with the waterfront connected and heated by a central source
    • Submitting an expression of interest for participation in the Department of Transport’s e-scooter trial scheme
    • Support the delivery of the UK’s first end-to-end commercial waste recycling plant for electric vehicle batteries in Plymouth
    • Following the lead of other similar-sized cities by exploring the feasibility, potential role and benefits of emissions-based vehicle charging tariffs.

    Councillor Tom Briars-Delve, Cabinet Member for the Environment and Climate Change, will present the plan to colleagues.

    Tom said: “This latest version of the Net Zero Action Plan is bold and brings forward a raft of measures that will make great strides towards our net zero ambitions.

    “Although previous plans have also been effective, this time we have gone back to the data and thus have an increased focus on the city’s most high emitting sectors, namely transport and buildings.

    “I do understand that for some people, parts of this plan may seem ambitious but ambitious is what we must be if we are to ensure the environmental sustainability of our city and planet.”

    The NZAP covers two areas – commitments to reduce emissions from Council-owned facilities and also how the Council can use its influence to help the city as a whole move towards net zero.

    The Council has been producing the plan with annual updates since it first declared a climate emergency in 2019, and through actions already completed has reduced its own carbon emissions by 18.1 per cent between 2019 and 2022.

    Following its appearance at the cross-party scrutiny committee, any recommendations will be considered before the NZAP is voted on by Full Council on 17 March.

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI United Kingdom: Isle of Wight Council unveils 2025/26 budget amid financial pressures 5 February 2025 Isle of Wight Council unveils 2025/26 budget amid financial pressures

    Source: Aisle of Wight

    In the face of escalating costs and funding challenges, the Isle of Wight Council has today (Wednesday) unveiled its budget for 2025/26, with a spotlight on community protection and essential improvements.

    The draft budget seeks to tackle the substantial pressures on public finances while safeguarding the wellbeing of residents and preserving the essential frontline services that many Islanders depend on.

    The financial climate for local government remains tough, with costs climbing faster than income and funding. The council faces the daunting task of additional spending of £15.8 million in children’s services and adult social care next year, merely to maintain services at existing levels.

    This significant increase is driven by rising demand and the need to ensure vulnerable residents receive the care and support they require.

    In response, the council proposes a five per cent council tax increase, including two per cent specifically for adult social care. This is in line with the majority of councils across the country, which are facing similar pressures, although some authorities are contemplating increases as high as 15 to 25 per cent. The Isle of Wight Council is striving to keep increases as low as possible.

    The council’s strategy relies on careful use of reserves to manage its underlying budget deficit over time. However, it’s crucial to maintain these reserves at responsible levels to ensure financial stability and to be able to continue providing services at sustainable levels.

    Of the £1.5 million savings needed next year, efficiencies and income generation will deliver the required savings without cutting services. This includes streamlining operations and exploring new revenue streams to maintain service levels.

    After listening to the needs of local businesses and residents, the council is proposing to freeze parking charges at their current levels for the second consecutive year. This measure aims to alleviate the financial strain on household budgets and support the high street. Additionally, crossing charges on the floating bridge will remain unchanged.

    The council will also continue to invest in highway drainage schemes to reduce flooding and fund repairs to footpaths and bridleways damaged by the recent winter storms. These investments are crucial for maintaining safe and accessible infrastructure across the Island. A key highlight of the budget is the investment in schemes to support coastal protection, crucial for protecting the homes and livelihoods of residents in vulnerable coastal regions.

    This includes repairs or improvements to promenades, seawalls, railings and groyne refurbishment, which are essential for mitigating the impacts of coastal erosion and climate change.

    The budget also includes improvements at Beaulieu House, the children’s disability residential and respite home in Newport, ensuring it can continue to provide essential services and support to those in need. These upgrades will enhance the facility’s capacity to deliver high-quality care and support. Meanwhile, the council is introducing schemes specifically designed to help young people who are leaving the care system find stable and long-term housing options.

    The budget also prioritises responsible repairs and renewals in public spaces. By maintaining and improving the public realm, the council aims to create a safe, functional, and welcoming environment for all residents and visitors. This includes replacing play equipment, litter bins and benches where necessary.

    In addition, the council has planned investments in capital schemes for school maintenance and adaptations to disabled residents’ homes as part of a £13 million capital programme. These projects will improve educational facilities across the Island and enable disabled residents to live independently in their own homes.

    Furthermore, there is more planned investment in the Gouldings care home in Freshwater and the Parklands Dementia Hub in Cowes, building on the significant improvements already made in these important facilities.

    Council leader, Councillor Phil Jordan, said: “Despite the challenging financial climate, our commitment to protecting and improving our community remains steadfast. We are dedicated to ensuring our community continues to thrive, even in the face of economic pressures.

    “One of our top priorities is the protection of our coastal areas. By investing in coastal infrastructure, we are taking proactive steps to safeguard our coastal regions from erosion and flooding. This investment goes beyond infrastructure; it’s about securing the homes and livelihoods of our residents.

    “The council continues to advocate for fair funding for the Island from the government. By maximising spend from minimal funding, keeping charges down, investing in capital schemes, balancing the budget responsibly, using reserves wisely, and re-structuring where possible, we are working hard to minimise any adverse impacts on our residents.

    “This draft budget is about balancing our financial responsibilities with the needs of our community, and I believe it strikes  that balance effectively.”

    Looking ahead, the council acknowledges the need for ongoing savings and has forecast a savings requirement of £2.5 million for 2026/27 and £2 million per annum for the subsequent years, to ensure long-term financial sustainability.

    The budget will be considered by the council’s Cabinet on Thursday, 13 February, and by Full Council on Wednesday, 26 February.

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI United Kingdom: Residents can now sign up for this year’s garden waste collections in Sunderland.

    Source: City of Sunderland

    Registration is now open for garden waste collections, and residents with a garden are being encouraged to sign up before Friday 28 February to guarantee receiving all 17 fortnightly collections between March and November 2025.

    This year garden waste will be collected from Tuesday 25 March, with a subscription fee of £38.50. Anyone who signs up after Friday 28 February may not receive all the collections, but the price will remain the same.

    Garden waste collected from brown bins is taken to a facility where its first shredded and then naturally processed into compost.

    There are many benefits to recycling your garden waste. These include cutting disposal costs while turning waste into a useful and valuable soil conditioner, for landscaping and gardening. It’s also a natural method of processing material which prevents unnecessary waste and helps reduce your carbon impact.

    Sunderland City Council’s Cabinet for the Environment, Net Zero and Transport, Councillor Lindsey Leonard said: “By turning garden waste into compost, you’re not only helping the environment, but also supporting a greener, more sustainable future for everyone.” 

    “While signing up for the collections is optional, garden waste collections play a vital role in helping our community recycle more and reduce the amount of waste sent for energy recovery. It’s more convenient for residents to allow us to dispose of the garden on your behalf.”

    To sign up and find out more information visit www.sunderland.gov.uk/gardenwaste

    Use the ‘find my bin day’ service to check when to put your garden waste bin out for collection at www.sunderland.gov.uk/bindays

    If you currently don’t have a garden waste bin or you would like to order an additional garden waste bin, call 0191 520 5550 or visit www.sunderland.gov.uk/gardenwaste

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI United Kingdom: London Assembly Member Leonie Cooper welcomes Government support for Super Reservoir in Abingdon. 

    Source: Mayor of London

    Leonie Cooper, Labour Group spokesperson for Environment, has welcomed Government plans to build a new super reservoir in Abingdon, Oxfordshire.

    The proposals, announced by Chancellor Rachel Reeves today, would see nine new reservoirs built, as the Government has agreed for water companies to invest £7.9b to improve the UK’s water infrastructure. 

    When complete, the Abingdon Reservoir is set to produce up to 270 million litres of water per day, providing additional water supplies for millions of people across London and the South-East. 

    Expanding the UK’s reservoir capacity will secure safe, high-quality water for several generations to come, and demonstrates the government’s commitment to kickstarting economic growth by investing in the UK’s water infrastructure. 

    Assembly Member Cooper has campaigned for the reservoir to be built since 2016 when first elected, raising the issue at City Hall. She has welcomed the progress, saying this will be of enormous benefit in providing clean water for Londoners in the decades to come. 

    London Assembly Labour environment spokesperson Leonie Cooper AM said: 

    “London has some of the highest quality drinking water in the world. For nearly 15 years more than 99.95 per cent of tests taken from Londoners’ taps have met the stringent standards set by Europe and the UK.

    “I am delighted with the plan to go ahead with the long-planned Abingdon Reservoir project. This will be of enormous benefit to Londoners and will provide clean water for decades to come.

    “I will continue to campaign for the water companies and central  government to make sure that construction of the Abingdon Reservoir project is accelerated to 2035 – two years sooner than planned.” 

    ENDS 

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI Canada: Fall 2025 Jasper municipal election update: Minister McIver

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

    February 6, 2025
  • MIL-OSI USA: FDA Alerts Patients to Regularly Check Diabetes-Related Smartphone Device Alert Settings, Especially Following Phone Hardware or Software Changes

    Source: US Department of Health and Human Services – 3

    Date Issued: February 5, 2025

    The U.S. Food and Drug Administration (FDA) is alerting patients who use diabetes devices and their caregivers of reports where users of continuous glucose monitors (CGMs), insulin pumps, automated insulin dosing systems, and other diabetes devices did not receive or did not hear alerts from their smartphones. A missed alert for a diabetes-related safety issue may lead to serious harm, including severe hypoglycemia (low blood sugar), severe hyperglycemia (high blood sugar), diabetic ketoacidosis (when the body does not have enough insulin to use blood sugar for energy), and death.

    Apps for diabetes devices allow users to configure alert settings, such as which alerts to receive, how often and how the alerts are delivered (audible, vibration, or text only). If a user’s smartphone is not configured correctly, critical safety alerts that the user expects to receive may be missed. They might not be delivered, or the volume might be too low to notice audible alerts. 

    The FDA has identified the following hardware and software configurations, changes, and updates that may lead to critical alerts not being received as expected, including:

    • Software configuration issues, such as app notification permissions, using “do not disturb” or “focus mode,” or the app entering “deep sleep” after a period of not being used.
    • Connecting new hardware, such as wireless earphones or car audio, that can change default volume of alerts or prevent delivery of alerts.
    • Operating system (OS) updates that are not supported by the medical device app.

    Recommendations for Patients and Caregivers

    • Carefully follow the instructions provided by diabetes device manufacturers when installing, setting up, or updating mobile medical apps on your smartphone.
    • Turn off automatic OS updates and do not update your phone’s OS until you check your diabetes device manufacturer’s website to verify that the medical apps you use are compatible with the new OS version. Turn off automatic OS updates by navigating to your system settings, usually accessible through a gear icon, and find the “software update” option; within this section, look for a toggle switch labeled “automatic updates” or similar, and disable it.
    • After updating your OS or adding a new accessory such as wireless headphones, confirm alert settings and then carefully monitor your medical device app to make sure you can receive and hear alerts as expected. 
    • At least once a month, check that your smartphone alerts are configured as expected. Ensure your volume, vibration, notifications, and other relevant settings still work.
    • If you are not receiving alerts as expected from your mobile medical app, or you cannot hear them, call the technical support number for your medical device for assistance.
    • Report any problems with your diabetes device to the FDA.

    Recommendations for Health Care Providers

    Inform patients and their caregivers that people who rely on smartphone-compatible diabetes devices that connect to their smartphones should:

    • Periodically check smartphone settings to ensure that they can receive critical alerts.
    • Confirm that diabetes devices still provide alerts as expected through their smartphones after making any hardware or software updates or connecting external hardware.

    Device Description

    Many diabetes-related devices use mobile medical apps as part of the medical device system. These mobile medical apps run on smartphones and manage or provide information from diabetes-related devices. 

    Many types of diabetes devices can use a mobile medical app installed on a smartphone to deliver safety alerts, including CGMs, insulin pumps, automated insulin dosing systems, and others. The settings within the mobile medical app, as well as the settings in the smartphone itself, must be configured correctly for alerts to be delivered as users expect. Users may be able to choose how some alerts are delivered, such as by push notifications, vibration alerts, or audible alerts. 

    Medical device manufacturers provide instructions on how to configure these apps and smartphones so users can receive the alerts they want according to their preferred delivery method. For example, medical device manufacturers may instruct users to disable smartphone features like “Focus mode,” which includes such options as “Do Not Disturb” and “Sleep Focus.” They may also suggest disabling “Low Power Mode,” “Adaptive Battery,” “Standby mode,” “Assistive Access,” or others to ensure that the mobile medical app can deliver alerts. Users may also be instructed to grant certain permissions to mobile medical apps such as Bluetooth, location, notifications, background usage, or others. 

    During normal use of a smartphone, many things can happen that could change how alerts are delivered. For example: 

    • Updates to smartphone operating systems may introduce new features or change existing settings in the diabetes mobile medical app. 
    • OS updates for cybersecurity issues may change existing alert settings.
    • When new audio devices are connected to a smartphone — such as wireless headphones, Bluetooth speakers, or car audio — the volume settings for notifications including critical alerts may change. 
    • Users may enable smartphone features such as battery saver, focus mode, or others and later forget to disable these features.

    FDA Actions

    The FDA is working with diabetes-related medical device manufacturers to ensure that smartphone alert configurations of their devices are carefully evaluated before use by patients. 

    The FDA is also working with manufacturers to ensure that settings in smartphones and mobile medical apps that may impact safety alerts are continuously tested, and any updates to recommended configurations are communicated quickly and clearly to users.

    The FDA will keep the public informed if significant new information becomes available.

    Reporting Problems with Your Device

    If you think you had a problem with your diabetes-related device, the FDA encourages you to report the problem through the MedWatch Voluntary Reporting Form.

    Health care personnel employed by facilities that are subject to the FDA’s user facility reporting requirements should follow the reporting procedures established by their facilities.

    Questions?

    If you have questions, contact CDRH’s Division of Industry and Consumer Education (DICE).

    MIL OSI USA News –

    February 6, 2025
  • MIL-OSI Security: Man Pleads Guilty in Connection with $17 Million Medicare Hospice Fraud and Home Health Care Fraud Schemes

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

    A California man pleaded guilty today to health care fraud, aggravated identity theft, and money laundering in connection with a years-long scheme to defraud Medicare of more than $17 million through sham hospice companies and his home health care company.

    According to court documents, Petros Fichidzhyan, 43, of Granada Hills, engaged in a scheme with others to operate a series of sham hospice companies. Fichidzhyan, along with co-schemers, impersonated the identities of foreign nationals to use as the purported owners of the hospices — including using the identities to open bank accounts and sign property leases — and submitted false and fraudulent claims to Medicare for hospice services that were not medically necessary and not provided. In submitting the false claims, Fichidzhyan and his co-schemers also misappropriated the identifying information of doctors, claiming to Medicare that the doctors had determined hospice services were necessary, when in fact the purported recipients of these hospice services were not terminally ill and had never requested nor received care from the sham hospices. As a result of the scheme, Medicare paid the sham hospices nearly $16 million. Fichidzhyan personally received nearly $7 million of the proceeds from the fraud scheme, including more than $5.3 million in transfers to his personal and business bank accounts, which were laundered through a dozen shell and third-party bank accounts. Fichidzhyan additionally admitted to wrongfully obtaining more than $1 million for his home health care agency through the fraudulent use of a doctor’s name and identifying information in certifying Medicare beneficiaries for home health care, which he attempted to cover up by paying the doctor $11,000.

    Fichidzhyan pleaded guilty to health care fraud, aggravated identity theft, and money laundering. He is scheduled to be sentenced on April 14 and faces a mandatory penalty of two years in prison on the aggravated identity theft charge, a maximum penalty of 10 years in prison on the health care fraud charge, and a maximum penalty of 20 years in prison on the money laundering charge. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Today’s guilty plea is the most recent conviction in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.  

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Acting Special Agent in Charge Diane N. Vu of the Department of Health and Human Services Office of Inspector General (HHS-OIG) Los Angeles Regional Office made the announcement.

    The FBI and HHS-OIG are investigating the case.

    Trial Attorneys Eric C. Schmale and Sarah E. Edwards of the Criminal Division’s Fraud Section are prosecuting the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Met officers tackle drug supply in Kingston

    Source: United Kingdom London Metropolitan Police

    Local and specialist Met officers were involved in raids at six properties early on Wednesday, 5 February as part of an investigation into drug dealing on the Cambridge Road Estate and more widely across Merton.

    Six arrests were made as part of the Met’s Clear, Hold, Build strategy, which is designed to reclaim and rebuild neighbourhoods affected by serious and organised crime, focusing on what matters most to locals.

    Superintendent Josh Laughton, the Met’s neighbourhood policing lead for Kingston, said: “Today’s operation followed months of planning by local officers, who have been listening to people on the Cambridge Road Estate to understand their concerns.

    “We know drug dealing is often linked to other offences such as violent crime and anti-social behaviour. By taking targeted action, we aim to reduce offending across the board.

    “The service we provide to Londoners is at the heart of everything we do. Across the Met, we remain focused on tackling the crimes that matter most to communities to reduce offending and improve neighbourhoods.”

    One of the raids was carried out at a fast-food restaurant in Surbiton Crescent. The other six addresses were residential properties. Officers seized drugs, including heroin and cocaine.

    The three men, one woman and two teenage boys, who were arrested during the operation, remain in custody.

    Clear, Hold, Build involves the Met working with partner agencies and communities to make areas safer, and is proven to drive down crime.

    It focuses on taking out the criminal gangs that make the lives of some Londoners a misery by fuelling violent and organised crime.

    Kingston Council’s Portfolio Holder for Adult Social Care and Health, including community safety, Councillor Sabah Hamed said: “Kingston is one of London’s safest boroughs, and this work reflects our continued commitment to working with the police and our partners to make it even safer for everyone.

    “We are committed to working with the local communities most impacted by crime to address their concerns, improve confidence in reporting issues and safeguard those who are vulnerable.”

    Targeted neighbourhood policing delivered through Clear, Hold, Build has already been proven to have a positive impact on communities across London.

    The framework comprises of three parts: Clear, which sees police pursue gang members; Hold, where police maintain a grip on the area to prevent other criminal groups from taking control; and Build, which works to help the community become less susceptible to the draw of organised crime groups.

    In Northumberland Park and Edmonton, an intensification resulted in 424 arrests and recent data shows violent crime in the area has fallen to its lowest level in three years.

    Improved neighbourhood policing was one of the reasons the Met was removed from special measures in January. His Majesty’s Chief Inspector of Constabulary and Fire & Rescue Services also praised improvements to call handling, child exploitation, and public protection.

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Economics: coincapitals.net and easyinvestingpro.com: BaFin warns against websites

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The operators of the websites appear under the names CoinCapitals and EasyInvestingPro, without using a legal form. They do not provide any information about their place of business.

    Recently, a large number of websites with almost identical content have already come to light, and BaFin has also issued warnings about these. In the vast majority of, cases the presentation on the websites begins with the following sentence: “Step into the trading arena with confidence & [name of website]”. However, this introductory sentence has been changed in some cases, as on the website easyinvestingpro.com, to: “Step into the world of trading with [name of website]” or “Step confidently into the world of trading with [name of website]”. However, the rest of the content on the websites has remained essentially the same.

    Anyone offering financial or investment services or crypto-asset services in Germany requires a license from BaFin. However, some companies offer such services without the required license. Information on whether a particular company is authorized by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Economics: Global Trade Verein: BaFin warns against website gtv-holdings.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The German Federal Financial Supervisory Authority (BaFin) warns against offers on the website gtv-holdings.com. According to its findings, the Global Trade Verein, Zurich, Switzerland, offers financial and investment services there without a license.

    Der Betreiber tritt auf seiner Website unter der Bezeichnung Global Trade Verein auf, ohne Nennung einer Rechtsform. Unter diesem Namen lässt sich kein Eintrag im Schweizer Handelsregister finden.

    The operator appears on its website under the name Global Trade Verein, without mentioning a legal form. No entry can be found under this name in the Swiss commercial register.

    Anyone offering financial or investment services or crypto-asset services in Germany requires a license from BaFin. However, some companies offer such services without the required license. Information on whether a particular company is authorized by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Economics: Resolution planning: a competitive advantage for Europe

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    SRM Vision 2028, our strategy that we are currently implementing, is designed to further strengthen our resolution framework and to make our work more inclusive, transparent, focused and ultimately efficient for the SRB, the national resolution authorities and the banks.

    Streamlining practices or reporting requirements should not be confused with deregulation. Resolution needs to remain a credible option for ensuring financial stability. Resolution is credible if banks have the right capabilities in place. An adequate buffer of loss-absorbing liabilities and robust management information systems capable of producing, at short notice, the information and data required for a bail-in or a valuation are, for instance, key ingredients to a successful resolution. Without capabilities such as these ones, resolution loses its teeth, jeopardising financial stability.

    A strong crisis management framework is a crucial pillar of a resilient and competitive banking sector. It ensures that, like any other business, a bank can fail without destabilising the wider economy or burdening taxpayers with debt. This requires correctly aligned incentives for shareholders and bondholders, and effective mechanisms for managing the fallout when failures occur. This is the core purpose of resolution: to prevent bail-outs and to safeguard financial stability. This is particularly vital given the limited fiscal capacity of some EU Member States.

    The proposed reform of the European crisis management and deposit insurance framework (CMDI) would be a step toward more financial stability. Unfortunately, CMDI has been facing important headwinds while some of its features would enrich the current toolkit, benefitting both depositors, taxpayers and financial stability at large – at a negligible cost for the industry.

    Banks benefit too from a good crisis management toolkit and preparedness. Financial stability is the bedrock of a healthy and competitive economy. The recent strong performance of European banks, while partly attributable to a favourable macroeconomic environment, also reflects the resilience built into the system by the Banking Union over the past decade.

    This resilience, fostered by resolution planning, protects depositors, taxpayers and – ultimately – the banks’ own long-term interests, especially during times of crisis. A complete crisis management toolkit provides a key competitive advantage for Europe and the Banking Union. Resolution planning allows banks to grow, innovate and even fail without jeopardising past economic gains.

    Looking ahead, the SRB’s work will double down on its efforts to further strengthening the Banking Union’s resilience. It is important that policymakers are aware that providing us with the necessary tools to deal with the next crisis will be essential for achieving their own long-term growth objectives.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI United Kingdom: Redeveloped Derby Market Hall built with accessibility and inclusion as key priority

    Source: City of Derby

    When the newly redeveloped Derby Market Hall opens in the spring, it will be one of the most accessible and inclusive public buildings in Derby and the wider region.

    Through thoughtful design with access and inclusion as a key priority, the £31.5m transformation of the historic building, part funded with £9.43m from the Government’s Future High Street Fund (FHSF), will ensure that the Market Hall and its surrounding areas, including Osnabruck Square, are easily accessible and inclusive to all visitors who can navigate the space with ease. 

    The redevelopment includes a new lift to provide seamless access between the ground and first floors.  The flooring has also been levelled to facilitate step free access, removing any barriers, and creating an inclusive public space. 

    A key addition to the Market Hall’s new facilities is the installation of a changing places toilet, which is the fifth in Derby’s city centre. These larger than standard toilets are equipped with extra features such as hoist, changing bed, shower and height adjustable wash basin. 

    With accessibility and inclusion at the core of the Market Hall’s restructure, the Market Hall’s colours remain the same but have now been muted to support visually impaired visitors. Additionally, the lighting has been designed at the correct lumens to improve visibility. Fixtures, fittings and furniture have also been specifically coloured contrasted to enhance accessibility. 

    Beyond the Market Hall, Osnabruck Square has been transformed with accessibility and inclusion in mind. Featuring new inclusive benches with arm rests to assist with getting on and off, the outside space will also be accessible. A modern linear drainage system has also been installed to remove surface water, ensuring a smooth experience for disabled people.

    Additionally, Osnabruck Square will also feature three designated blue badge parking spaces, making it easier for blue badge holders to access the Market Hall and surrounding areas.

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

    Accessibility and inclusion are at the heart of our work in the city centre and beyond. I am so proud that accessibility features have been key priorities in the redevelopment of the Market Hall from the beginning through to construction. 

    Derby is an inclusive city for all, and the new features available at the Market Hall sets a new benchmark for regeneration and development projects both in Derby and the wider region. We hope that this space will be welcoming for everyone, and I am looking forward to welcoming visitors to the inclusive and accessible Market Hall when it opens in Spring 2025.

    The Market Hall redevelopment is a £31.5m project part funded with £9.43m from the Government’s Future High Street Fund (FHSF). It is in the second phase of the transformation, focusing on refurbishing the interior and developing the public space outside at Osnabruck Square. 

    Located at the heart of the City Centre, linking Derbion and St Peter’s Quarter with the Cathedral Quarter and Becketwell, the new Market Hall will play a key role in widening the diversity of the City Centre and will generate £3.64m for the local economy every year. 

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI USA: Lt. Gov. Strinden testifies in support of bills designed to support recovery and reentry, reduce recidivism

    Source: US State of North Dakota

    Lt. Gov. Michelle Strinden testified today before a legislative committee in support of three bills designed to support recovery and reentry of incarcerated individuals and reduce recidivism rates.

    Strinden testified before the House Judiciary Committee in support of House Bills 1425, 1417 and 1549. During the 2023-2025 interim, Strinden participated in a Reentry Study Work Group with legislators, leaders from the Department of Corrections and Rehabilitation and Department of Health and Human Services, court system officials, county jail experts and community reentry partners. The group examined data from the state’s criminal justice system to lay the groundwork for the legislation.

    Strinden noted the study followed years of progress North Dakota has made in criminal justice reform, becoming a national leader in recovery and reentry to ensure people leave the criminal justice system better than when they arrived. The work group’s report found that drug and alcohol offenses and revocations are the primary drivers in an increase in prison admissions in North Dakota.

    “The recommendations across these three bills support local law enforcement and prosecutors in using deflection and diversion practices – effectively interrupting misconduct early and intervening with treatment resources in cases where addiction and mental illness are the root cause,” Strinden said. “Provisions in these bills will also reduce barriers to reentry faced by people on community supervision; promote culturally responsive programming for people moving through the justice system; and support cross-agency collaboration to help justice-involved people secure medical coverage and state identification. The bottom line is we want to prepare those leaving the justice system to be ready to join our workforce, become our neighbors, attend our churches, and make our state better.”

    MIL OSI USA News –

    February 6, 2025
  • MIL-OSI Security: Fresno Man with Prior Fraud Conviction Pleads Guilty to Running a $4.2 Million Fraud Scheme Through His Technology Startup

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

    FRESNO, Calif. — Royce Newcomb, 62, of Fresno, pleaded guilty today to wire fraud and money laundering charges today for a long-running fraud scheme where he stole $4.2 million from investors, lenders, and the federal government, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, from 2017 through 2022, Newcomb owned Strategic Innovations, which was a technology startup company that purported to make smart home and business products meant to stop package theft, prevent weather damage to packages, and make it easier for emergency responders and delivery services to find homes and businesses. Newcomb developed prototypes of his products and received local and national media attention for them. For example, Time Magazine included his eLiT Address Box & Security System, which used mobile networks to pinpoint home and business locations, on its Best Inventions of 2021 list.

    Newcomb made several false representations to his investors to deceive and cheat them out of their money. The false representations included that he had been awarded a grant by the National Science Foundation and that he would use the investors’ money to further develop and bring his products to market. That was not true. Instead, Newcomb used the money to pay for gambling, a Mercedes and Jaguar, and a mansion. He also used the money to pay for refunds to other investors who wanted out, and to pay for new, unrelated projects without the investors’ authorization.

    During this period, Newcomb also received a fraudulent COVID-19 loan for more than $70,000 from the Small Business Administration and fraudulent loans for more than $190,000 from private lenders. He lied about Strategic Innovations having hundreds of thousands and even millions in revenue to get these loans.

    Newcomb was previously convicted federally in 2011 for running a real estate fraud scheme in Sacramento. He was sentenced to more than five years in prison for that offense, and he was on federal supervised release for that offense when he committed the offenses charged in this case.

    This case is the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorneys Joseph Barton and Jeffrey Spivak are prosecuting the case.

    Newcomb is scheduled to be sentenced on May 5, 2025. Newcomb faces maximum statutory penalties of 20 years in prison and a $250,000 fine for the wire fraud charge, and 10 years in prison and a $250,000 fine for the money laundering charge. The actual sentence, however, will be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.

    This effort is part of a California COVID-19 Fraud Enforcement Strike Force operation, one of five interagency COVID-19 fraud strike force teams established by the U.S. Department of Justice. The California Strike Force combines law enforcement and prosecutorial resources in the Eastern and Central Districts of California and focuses on large-scale, multistate pandemic relief fraud perpetrated by criminal organizations and transnational actors. The strike forces use prosecutor-led and data analyst-driven teams to identify and bring to justice those who stole pandemic relief funds. 

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: New Orleans Man Sentenced for Federal Drug and Weapons Offenses

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

    NEW ORLEANS, LOUISIANA –KENDRICK WILLIAMS (“WILLIAMS”), age 20, was sentenced on January 27, 2025 by U.S. District Judge Jay C. Zainey to 90 months in prison followed by five years of supervised release, along with a $300 mandatory special assessment fee, after previously pleading guilty to possession with intent to distribute tapentadol and possession with intent to distribute tapentadol and marijuana, in violation of Title 21, United States Code, Sections 841(a)(1), 841(b)(1)(C), and 841(b)(1)(D); and possessing a firearm in furtherance of a drug trafficking crime, in violation of Title 18, United States Code, Section 924(c)(1)(A)(i).

    According to court documents, WILLIAMS advertised the sale of tapentadol and marijuana on social media.  Law enforcement officers executed two search warrants at WILLIAMS’s residence and recovered over 800 tapentadol pills, one pound of marijuana, two Glock handguns, a Glock Model 23, .40 caliber semi-automatic pistol and a Glock Model 19x, 9mm caliber semi-automatic pistol, with extended magazines, and over $9,000 in cash.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The case was investigated by the Federal Bureau of Investigation and the New Orleans Police Department.  Assistant United States Attorney David Berman of the Violent Crime Unit is in charge of the prosecution.

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Former SCDC Captain Pleads Guilty to $279,000 Bribery Conspiracy

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

    COLUMBIA, S.C. —Christine Mary Livingston, 47, of Gaston, has pleaded guilty to honest services wire fraud conspiracy for her role in a bribery scheme in a South Carolina prison.

    According to evidence presented in court, the investigation revealed that Livingston was a 16-year veteran of the South Carolina Department of Corrections (SCDC) at the time of her resignation in November 2021. By virtue of her position as Captain at the Broad River Correctional Institute (BRCI) from 2016 through 2021, she managed security operations at BRCI and was responsible for enforcing contraband policy and law.  SCDC policy and state law prohibited her from accepting bribes or anything of value to influence the exercise of her official responsibilities.

    From July 2018 through November 2021, however, Livingston accepted bribes from a least 45 prisoners and three family members of prisoners in exchange for smuggling contraband into BRCI and in exchange for failing to enforce contraband law and policy. She operated at least 14 peer-to-peer payment accounts on platforms such as Cash App that were established in false names but were linked to her legitimate bank accounts. One of her Cash App accounts received at least $279,000 in bribes, of which more than $225,000 was transferred to her personal bank accounts.  She then used the proceeds for personal enrichment including on shopping, ATM cash withdraws, and the purchase of cryptocurrency.

    At least 173 cell phones were purchased by Livingston on her personal Amazon account during the conspiracy, along with 130 SIM cards and phone accessories, headphones, screen protectors, and phone chargers. At least eight witnesses would have cooperated against Livingston at trial, including family members of prisoners, and records obtained from Facebook and contraband phones recovered by SCDC confirmed the bribery scheme.

    “Livingston used her position and rank for personal, criminal gain which endangered other staff members and those housed at Broad River Correctional Institute,” said U.S. Attorney Adair Ford Boroughs for the District of South Carolina. “We will continue to work with SCDC to prosecute those who commit crimes within prison walls.”

    “This is one more example of how illegal cellphones ruin lives, including those of correctional officers who get involved in the contraband trade,” SCDC Director Bryan Stirling said. “We appreciate the FBI and U.S. Attorney’s office investigating and prosecuting this case and holding these criminals accountable for their actions.”

    Jerell Reaves, a co-defendant and prisoner responsible for more than $42,000 in bribes to Livingston, was recently sentenced to 60 months imprisonment by United States District Judge Sherri A. Lydon, to be followed by three years of supervision by U.S. Probation.

    Livingston faces up to 20 years in federal prison, with the Government agreeing to recommend up to eight years as a part of her plea agreement, to be followed by court ordered supervision, $250,000 in monetary penalties, and forfeiture of assets including up to the full value of the bribes. Livingston is scheduled to be sentenced by United States District Judge Sherri A. Lydon on June 30 at 10:00 a.m.

    The case was investigated by the FBI Columbia Field Office and the SCDC Office of Inspector General.  Assistant U.S. Attorneys Elliott B. Daniels and Michael Shedd are prosecuting the case.

    ###

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Columbus Man Admits Attempted Transfer of Obscene Material to Minor in Undercover Investigation

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

    BILLINGS — A Columbus man accused of attempting to send obscene material to a minor during an undercover investigation admitted to a charge today, U.S. Attorney Jesse Laslovich said.

    The defendant, Jacob Curtis Wyckoff, 25, pleaded guilty to an information charging him with attempted transfer of obscene material to a minor. Wyckoff faces a maximum of 10 years in prison, a $250,000 fine and three years of supervised release.

    U.S. Magistrate Judge Timothy J. Cavan presided. A sentencing date will be set before U.S. District Judge Susan P. Watters. The court will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors. Wyckoff was released pending further proceedings.

    In court documents, the government alleged that in January 2023, law enforcement in the Billings area set up an undercover operation relating to those with a sexual interest in children. The undercover persona was that of a 14-year-old female. The undercover posed on a social media site and on Jan. 26, 2023, Wyckoff reached out on KIK, using the profile name of “Jake Smith.” The undercover made Wyckoff aware in communications that she was “almost 15.” In communications between the two from January 2023 to July 14, 2023, discussions became increasingly sexual in nature. On multiple occasions, Wyckoff expressed a desire to meet the “child” for a sexual encounter. On July 6, 2023, Wyckoff sent the undercover a picture of his allegedly erect penis in his jeans and made sexually suggestive comments.

    The U.S. Attorney’s Office is prosecuting the case. The FBI, Yellowstone County Sheriff’s Office, Laurel Police Department, and Montana Division of Criminal Investigations conducted the investigation.

    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 U.S. Attorneys’ Offices and 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 Justice.gov/PSC.

    XXX

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Boy convicted of murdering 15-year-old Deshaun James-Tuitt

    Source: United Kingdom London Metropolitan Police

    A boy has been convicted of murdering 15-year-old Deshaun James-Tuitt.

    Just before 21:00hrs on Thursday, 4 August 2022, officers encountered the victim in Highbury Fields, Islington. He ran towards them, saying: “Officer, I’ve been stabbed.”

    Despite the efforts of emergency services to save him, Deshaun died in hospital later that night.

    On Wednesday, 5 February, 2025, a jury at the Old Bailey returned a guilty verdict against a 17-year-old, who cannot be named for legal reasons. Six other youths who also stood trial were acquitted of murder.

    The court heard how, on the night of the murder, the defendant – then aged 15 – travelled with a group of boys to Highbury Fields on public transport. He wore a face covering, and was armed with a knife. The journey was documented on CCTV footage obtained by investigators.

    On the night he died, Deshaun had been at a birthday celebration at the park with a large group of friends.

    Upon arrival, the defendant was seen robbing people in the park. This resulted in an argument between him and Deshaun, during which he was stabbed.

    Immediately afterwards, the killer fled the scene.

    A murder investigation was launched, led by Detective Chief Inspector Joanna Yorke, of the Met’s Specialist Crime Command. She said: “We conducted extensive CCTV enquiries in a bid to identify the youth who had travelled to Highbury Fields that night. Identifying him was a long and complex task.”

    The killer was arrested on Wednesday, 10 August, 2022. A mobile phone was forensically downloaded, and investigators recovered a chat from 8 August 2022, where he spoke of stabbing ‘Huntz’ – Deshaun’s nickname.

    DCI Yorke added: “The boy denied stabbing Deshaun, but it was clear that he had travelled to Highbury Fields that night, with a covered face, armed and looking for trouble. He knew that, should the need arise, his weapon would be used.

    “This theory was supported by the fact that, just minutes after he arrived at the park, Deshaun had been fatally stabbed.

    “There is no verdict that can give Deshaun back to his family. I sincerely hope that they find some comfort in today’s verdicts – my thoughts are with them.”

    In a statement, Deshaun’s family said: “He [the victim] was my firstborn, and he would have been 18 years old. All my friends that I went to school with have their firstborn children – except me. To the person involved in the stabbing and taking his life: he didn’t deserve to die like that. I had a mental breakdown, and I will never be able to get over this.

    “I want you to know that Deshaun was a son, a brother, a grandson, a great grandson, a nephew and a cousin to so many on both sides of the family, so I want you to realise that he was a valuable member of our family. We won’t forgive or forget.

    “Deshaun, you can now rest in peace. Hopefully, justice will be served. Not only is Deshaun’s life lost, they who have done the crime will serve the time.”

    The killer has been remanded ahead of sentencing on Friday, 25 April, 2025.

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Call for Papers: Conference on Resilience of Nuclear Installations

    Source: International Atomic Energy Agency – IAEA

    “The resilience of nuclear installations can be viewed as the ability of the installation to quickly return to its original safety state after the occurrence of a potentially damaging event such as an earthquake, hurricane, or aircraft crash,” said Paolo Contri, Head of the IAEA Section of External Events Safety.  

    He added: “Resilience is coupled with the concept of robustness against external hazards, which encompasses the development of engineering solutions in siting, design and operation phases, that can support the response to extreme scenarios, but also to emerging challenges, or unknown threats, as well as planning, response and recovery strategies.” 

    Contributors interested in submitting papers for the conference can find the topics of interest here, which includes areas such as the identification and analysis of external hazards, the consideration of uncertainties in hazard analyses and events resulting from combined hazards; and the impact of external hazards on nuclear installations and radioactive waste disposal facilities as well as the safety features of innovative new reactor designs and their contribution to resilience. 

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI Security: Cleveland Homicide Suspect and Fugitive of the Week Arrested by U.S. Marshals

    Source: US Marshals Service

    Cleveland, OH – Early this morning, members of the U.S. Marshals led Northern Ohio Violent Fugitive Task Force (NOVFTF) arrested Anthony Conner, 44.  Conner was wanted by the Cleveland Division of Police for homicide and also wanted by authorities in Cape Girardeau County, Missouri for a shooting as well.

    On December 18, 2023, Conner was involved in a home invasion where he shot the female victim.  The victim’s children were home at the time of the home invasion and Conner was charged with domestic assault, possession of a firearm, and endangering children.  A warrant for Conner’s arrest was issued shortly after the crime in Missouri. 

    On December 28, 2024, Conner is alleged to have committed a homicide in the city of Cleveland.  Cleveland Police were in the area of East 18th St. when they were flagged down regarding a person being shot.  Police were able to locate the victim, who had been shot numerous times, in the area of East 17th St. and Hamilton Ave.  The victim was transported to the hospital where he later died.  A warrant for Conner’s arrest was issued on January 20 of this year.

    Members of the NOVFTF began searching for Conner in the Cleveland area and featured him as the Fugitive of the Week on January 27.  Early this morning Conner was located by the task force in an apartment in the 1400 block of Crestline Ave. in Cleveland.  Although Conner was arrested without incident, a handgun with an extended magazine was recovered at the scene.  

    U.S. Marshal Pete Elliott stated, “This is a violent individual causing terrible harm in two different states.  We are thankful to the public who called in tips after seeing this fugitive in the media.  The partnership with the citizens of Cleveland, who want to see Cleveland a safer place, goes unmatched.”

    Anyone with information concerning a wanted fugitive can contact the Northern Ohio Violent Fugitive Task Force at 1-866-4WANTED (1-866-492-6833), or you can submit a web tip. Reward money is available, and tipsters may remain anonymous.  Follow the U.S. Marshals on Twitter @USMSCleveland.

    The Northern Ohio Violent Fugitive Task Force – Cleveland Division is composed of the following federal, state and local agencies:  U.S. Marshals Service, Cleveland Police Department, Cuyahoga County Sheriff’s Office, Cuyahoga Metropolitan Housing Authority Police Department, Euclid Police Department, Ohio Adult Parole Authority, Ohio State Highway Patrol, Independence Police Department, Parma Police Department, Aurora Police Department, Solon Police Department, Cleveland RTA Police Department, Westlake Police Department, Bedford Police Department, Middleburg Heights Police Department, Newburgh Heights Police Department and the Metrohealth Police Department.

    MIL Security OSI –

    February 6, 2025
  • MIL-OSI: RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) —

    RapidCents, the payment processing platform, that specializes in secure transactions and automated billing, has announced an expansion to better serve merchants across North America. The investment aims to cover the development of the application and the investment of USD 500,000 in advanced AI infrastructure and specialized hardware + GPUs, according to the organization, which was led by Founder and CEO Mani Rahnama.

    As a result, Rahnama says this major investment in machine learning is expected to lead to major advances in fraud protection, chatbot assistance, security, and marketing. These developments — which Rahnama said condensed projected timelines — explained that “There’s a growth roadmap that could have taken two to three years is now deliverable in less than six months with our AI platform. And we are doubling down on our company to accelerate progress and better serve our merchants.”

    Virtual Terminals: Process Payments on-the-go
    The RapidCents platform today includes an intuitive virtual terminal that allows merchants to take payments from anywhere. This function is advantageous for businesses with orders from the phone or email and those with no point-of-sale system. The solution seeks to empower companies of all sizes with fast and transparent payment experiences, by enabling merchants to securely accept credit cards regardless of location.

    Subscription Payments: Automated Billing
    Recurring billing is important for many subscription-based businesses, fitness facilities, and SaaS providers. RapidCents automates these recurring payment cycles with the least human participation. Its service is designed to allow businesses to automate billing and minimize mistakes, better manage cash flow, and keep customers in the longer term.

    Introduction to Chargeback Protection
    “Chargebacks can have a serious impact on a business operation, and erode trust,” Rahnama said. “RapidCents significantly reduces this risk by including in its low-fee payment processor over 70 machine-learning-based fraud-detection parameters. Such an approach helps maintain compliance, limit financial losses, and protect merchants’ revenue streams.”

    Integrated Engineering Capabilities and customized Solutions
    RapidCents enables integration with popular platforms such as WooCommerce and Microsoft 365 via simple plug-ins or sophisticated API connections. Key features of the platform include multi-currency support, subscription management, and detailed analytics. This payment plugin empowers businesses to tailor payment flows to meet their specific requirements while also maintaining a regulatory balance via a built-in chargeback prevention system.

    Investing in AI infrastructure in a smart way
    The recent Investment in AI hardware and GPUs by RapidCents supports the machine learning program through DeepSeek V3, 671B. The technology, already in immersive heavy training, boosts chatbot functions or security protocols, fraud detection even marketing. According to Rahnama, the initiative allows for more rapid and resilient growth across various aspects of the company, noting that future iterations of RapidCents will now be able to deploy “in a month” which would take years without AI.

    About RapidCents
    RapidCents is a payment processing solution that includes secure virtual terminals, automated recurring billing, and powerful chargeback protection. Through AI-guided attributes and advanced crypto security protocols, RapidCents is built to help merchants from all verticals who need fast, scalable, and secure payment options. Users can learn more, by visiting https://rapidcents.com.

    Contact

    Carlo
    John
    RapidCents Inc
    ea@rapidcents.com
    +1 (844) 957-2743

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d3bc921d-f303-4d8e-ae74-5f4e51820cec

    https://www.globenewswire.com/NewsRoom/AttachmentNg/339b627d-b63c-4372-8d93-9bca6721b383

    The MIL Network –

    February 6, 2025
  • MIL-OSI: Amfeltec Celebrates 20th Anniversary

    Source: GlobeNewswire (MIL-OSI)

    STOUFFVILLE, Ontario, Feb. 05, 2025 (GLOBE NEWSWIRE) — Amfeltec Corporation proudly marks 20 years of innovation and excellence.

    Since its founding in 2005, Amfeltec has been at the forefront of technological innovation, providing cutting-edge solutions for electronics design, production testing, and embedded systems development. Over the past two decades, the company has earned a reputation for excellence in high-speed signal processing, PCI Express expansion, telecommunications, embedded systems and testing equipment.

    “It’s an honour to have been a trusted and established Canadian company for so many years,” said Michael Feldman, President and CTO of Amfeltec. “For 20 years, we’ve had the privilege of serving technical experts from engineers to hobbyists, witnessing the incredible growth of our industry. Throughout our journey, we have introduced numerous patented technologies, ensuring our users benefit from unique, reliable, efficient, and scalable solutions. Our clientele spans various industries, including telecommunications, aerospace, industrial automation, medical technology, and military applications.”

    Amfeltec’s modern product lines – including the Squid Carrier Board(TM), Piranha USB Telecom Adapter(TM), Arowana PCIe SSD Board(TM), AngelShark Carrier Board(TM) and PocketShark(TM) for System Monitoring and Crash Recovery – are widely used out-of-the-box products across various fields where advanced, compact and robust solutions are needed.

    “The ‘Amfeltec advantage’ extends beyond providing unique and feisty product lines,” said Feldman. “We also provide an exceptional engineering service by offering customization of existing products and delivering tailored solutions to meet specific customer requirements. Clients can use our off-the-shelf products for proof-of-concept and request modifications for specific needs, allowing seamless integration, thus minimizing development time and costs. By close collaboration with customers, Amfeltec ensures that solutions precisely meet their requirements – whether through minor adjustments of an existing product or through fully customized devices designed from the ground up.”

    Looking forward, Amfeltec remains dedicated to technological innovation, expanding its product portfolio, and reinforcing its industry leadership. As the company celebrates 20 years of success, it embraces the future with enthusiasm, striving to drive continued growth and advancement in the years to come.

    About Amfeltec Corporation:
    Amfeltec is a Canadian electronics engineering company, incorporated in 2005. It is a leading provider of complex and innovative solutions for the world’s diverse electronics markets. All Amfeltec products are designed and manufactured in Canada, and most are covered by one or more United States patents.

    The MIL Network –

    February 6, 2025
←Previous Page
1 … 4,601 4,602 4,603 4,604 4,605 … 5,912
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress