Category: Technology

  • MIL-OSI USA: Durbin’s Protecting Children With Food Allergies Bill Adopted As Amendment In Senate Agriculture Committee

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    June 03, 2025
    The legislation, which was added as an amendment to the Whole Milk for Healthy Kids Act, would train school food service staff to prevent and respond to food-related allergic reactions
    WASHINGTON – Today, U.S. Senate Democratic Whip Dick Durbin’s (D-IL) bipartisan legislation, the Protecting Children with Food Allergies Act, was adopted unanimously as an amendment to the Whole Milk for Healthy Kids Act by the Senate Committee on Agriculture, Nutrition, and Forestry.  Durbin’s amendment would ensure school food service staff receive essential training about food allergies, so that they are better equipped to prevent, recognize, and respond to food allergic reactions, which can save lives.
    “When parents drop their kids off at school, they should have peace of mind knowing that their children are safe with personnel who are trained to look out for their children’s food allergies,”said Durbin.  “Peanuts, eggs, soy, and milk are nutritious, and may be in school lunches or brought by classmates.  But for some kids, they are allergens that can be deadly.  Today, the Senate Agriculture Committee adopted my bipartisan Protecting Children with Food Allergies Act as an amendment to a larger bill, ensuring that kids will be safe in the event of an allergic reaction.”
    Food allergies are a growing public health concern.  Over the past two decades, the number of children with food allergies in the U.S. has more than doubled.  Approximately six million children are estimated to have food allergies, about two students per classroom.  Further, 20 percent of all epinephrine shots administered in schools are given to children who have undiagnosed food allergies—which makes it even more important for school food personnel to understand how to recognize and respond to an allergic reaction.
    USDA requires annual trainings to school food personnel who work under the National School Lunch Program (NSLP) and the School Breakfast Program (SBP).  Required trainings include modules in nutrition, health, and food safety standards.  USDA also makes available trainings that address food allergies, but those are not required as part of these annual trainings.  The Protecting Children with Food Allergies Act would add “food allergies” to the existing list of trainings to ensure that school food personnel receive essential information about food allergies. 
    The Protecting Children with Food Allergies Act has endorsements from: Food Allergy Research & Education (FARE), Asthma and Allergy Foundation of America (AAFA), American Academy of Allergy Asthma & Immunology (AAAAI), American Academy of Pediatrics (AAP), American College of Allergy, Asthma, and Immunology (ACAAI), and School Nutrition Association (SNA).
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    MIL OSI USA News

  • MIL-OSI: Deep MM CEO Nathaniel Powell to Present at Fixed Income Leaders Summit

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Deep MM, an AI-powered credit trading solution providing the most accurate U.S. pricing to the private credit market, has announced that its CEO and Founder Nathaniel Powell will be speaking on a panel about leveraging AI, ML and LLM technologies at Fixed Income Leaders Summit (FILS). The presentation – Spotlight on AI: How can you leverage AI, ML and LLM to distill complex datasets and empower trading and investment teams with unique actionable insights? – will be held on June 9 at 1 p.m. ET in Washington D.C. at the Omni Shoreham Hotel.  

    During the presentation Nathaniel will explore both the current and potential applications of AI and machine learning while highlighting how companies in the fixed income space can start deploying them. Attendees can expect to gain valuable insights into how LLM models can improve decision making and how to address the challenges that come with adopting this technology.  

    “AI, machine learning, and deep learning are making advances every day in the world’s economies, which is why there is no good reason for fixed income professionals to be left behind by them, as AI will have an outsized impact in capital markets,” said Nathaniel Powell, CEO and Founder of Deep MM.  “It is an honor that Deep MM was chosen to represent AI at FILS and I am excited to discuss the huge ROI potential for AI technology in fixed income trading.”

    Nathaniel and the Deep MM team will be available to meet at the company’s booth (Booth #50) for the duration of the conference – June 9-11.

    About Deep MM:

    Deep MM is an AI-powered credit trading solution that leverages advanced deep learning, trade secrets, and data analytics to enhance market performance and transparency. The company is pioneering large event models (LEMs), a new and important AI modality for financial and healthcare logistic scenarios. Currently its LEMs provide the most accurate U.S. corporate bond pricing and actionable insights for traders, sell-side dealers, and portfolio managers.

    Based in New York, the company features a team of seasoned experts from the world’s leading banks and tech firms, such as Goldman Sachs, Barclays, and Microsoft. For more information, please visit https://deepmarketmaking.com/.

    About Fixed Income Leaders Summit:

    Fixed Income Leaders Summit will bring together America’s leading buy side heads of fixed income trading and investment, with over 1000 attendees expected from across the full fixed income ecosystem, including representation from all the leading North American buy side firms For more information about the conference, please visit https://fixedincomeus.wbresearch.com/.

    Contact:
    Scott Rosenblum
    For Deep MM
    LEVEL PR
    scott@levelpr.co
    646-776-1222

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11487d87-1e63-4fd8-bbae-f35fd2b6a9ae.

    The MIL Network

  • MIL-OSI: Nasdaq Launches Exclusive Access to Nasdaq Private Market’s Tape D® API to Deliver Advanced Visibility into Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM’s Tape D® private company dataset.

    As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via Nasdaq Data Link, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations.

    “Nasdaq was founded on the principle of leveraging technology to make markets more efficient, and we are committed to driving the same transformation in private markets that we’ve achieved in public markets,” said Oliver Albers, Executive Vice President, Chief Product Officer, Capital Access Platforms at Nasdaq. “The collaboration with Nasdaq Private Market builds upon this foundation, reflecting Nasdaq’s continued commitment to creating an ecosystem where transparency, accessibility, and improved outcomes naturally extend across the entire investment lifecycle,” noted Albers.

    “The private market is now a critical arena for valuation, investment, and planning, and requires accurate, real-time data. With over 1,200 unicorns and billions in equity held by private shareholders, the need for a reliable valuation benchmark is greater than ever. Tape D brings essential clarity to private markets, and we are excited to partner with Nasdaq to broaden access to market participants,” said Marc Perkins, CFA, Senior Vice President of Product at Nasdaq Private Market. In addition to the Tape D API from Nasdaq, NPM offers individual subscriptions directly via NPM’s website.

    The launch of this data partnership with Nasdaq Private Market marks the latest step in Nasdaq’s commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum. This includes offerings such as Nasdaq Fund Secondaries, which bring greater efficiency, transparency, and scalability to secondary transactions. Nasdaq also delivers solutions designed to equip asset owners and asset allocators with essential research and portfolio management tools that span both public and private markets. These enhancements address specific market challenges, helping managers clearly articulate their value propositions to gather assets while giving allocators the visibility they need for confident decision making.

    For more information about accessing the Nasdaq Private Market Tape D Data API, please visit: https://www.nasdaq.com/solutions/data/equities/TAPED

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Nasdaq® is a registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2025. Nasdaq, Inc. All Rights Reserved.

    About Nasdaq Private Market
    Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo.

    Learn more at www.nasdaqprivatemarket.com. Visit LinkedIn and X for the latest company news.

    Disclosures and Disclaimers

    NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/

    Contact:

    Max Leitenberger
    Corporate Communications, Nasdaq
    Maximilian.leitenberger@nasdaq.com

    Amanda Gold
    Chief of Staff and Chief People Officer, Nasdaq Private Market
    Amanda.Gold@npm.com

    The MIL Network

  • MIL-OSI United Kingdom: Education Secretary’s speech on attendance at regional conference

    Source: United Kingdom – Executive Government & Departments

    Speech

    Education Secretary’s speech on attendance at regional conference

    The Education Secretary addresses 200 education leaders from the Midlands on our mission to drive up school attendance.

    Good morning, everyone, and thank you so much for being here.  

    And thank you to Carol and the DfE team for your hard work to bring us all together. 

    It’s great to see you gathered here today.  

    I know we’ve all come for the same reason.  

    And it’s not for the chance to check out this great football stadium and imagine what could have been had we not got into education. 

    We’re all here today because we care deeply about the children of this country. 

    Their education, their lives, their futures. 

    They are at the centre of your schools, and they are at the centre of what this government wants to achieve. 

    And as Secretary of State for Education, my time, my energy, my ideas, my drive, my passion – it all belongs to them, the children of this country. 

    Not just some children, all children. 

    That’s my vision for education: 

    Excellence – for every child. 

    High and rising standards – for every child. 

    Opportunity – for every child. 

    In practice, that means four things.  

    It starts with you, great leaders, and all you do to empower our great teachers. 

    Because you know the importance of top-class teaching. 

    You understand how it can transform young lives.  

    So great teachers and great leaders are the first step – they are always the first step when it comes to learning. 

    The second step is what they teach – the curriculum.  

    And you’ll know that our curriculum and assessment review is working hard on that right now. 

    We’ll bring in a curriculum that is broad and deep and rich – ready to set children up for the future.  

    The next step is building a self-improving system. How you as leaders and we as government combine to deliver better life chances for children. 

    Those are three big steps, but it’s the fourth and final one that we’re focusing on today – breaking down the barriers to learning. 

    And in particular: attendance. 

    It’s fundamental.  

    Children can’t benefit from fantastic teachers if they’re not in school. 

    They can’t benefit from a cutting-edge curriculum if they’re not in school. 

    They can’t benefit from your hard work, or from everything this government is doing, if they’re not in school. 

    We all know why that matters. Why at times it’s so frustrating. 

    It’s at the root of what motivates me, what lifts me up and pushes me out the front door every morning.  

    Because across this country, in our towns and cities, in our classrooms and playgrounds, we still see the weight of background hold so many children back. 

    Children from certain parts of the country, children growing up in poverty, children with special educational needs. 

    And we must recognise that absence is at the centre of their stories. 

    It takes those early gaps that show up between children – and it crowbars them further apart. 

    I’ve seen it happen – and I know you have too. 

    When I was a child, skipping school was never an option.  

    My mam saw that I went off to school every day – and that was the end of it.  

    My schools were places I wanted to be. I had teachers who made me feel like I belonged in their classroom.  

    And so even on those grey and drizzly mornings – off to school I went, because that was the place for me. 

    But there were children on my street who weren’t so lucky. 

    They started by missing a day here or there. Testing the boundaries. 

    And when nobody stopped them, that day here or there turned into a day a fortnight, a day a week, until suddenly they were out of school more than they were in school. 

    I’d see them hanging around the park, or outside the corner shop – but rarely in the classroom. 

    I saw that process play out time and again – and I saw the damage it did. 

    I saw how it held children back from becoming all that they could be. 

    You’ll have seen it too. 

    And it’s this time of year when the effects become clear. 

    Because we meet today in the middle of exam season.  

    Children all over the country are squeezing in some last-minute revision. 

    But as education leaders, you’ll all know – the key to exam success is not cramming but consistency. 

    It’s the hard work – from days into weeks, weeks into months, months into years – that’s the foundation for success in exams.  

    And we build that foundation for our children through attendance. 

    Children in school, day in, day out.  

    So the smiles on results day in August – they are built on consistently showing up for school from September to July.  

    We know that, there’s solid data behind it, but I’m sure you all see it across your schools and in your trusts and local authorities: top class attendance leads to top class exam results. 

    But you’ll also know that there will be children in August, standing on the steps in front of your schools, not smiling but frowning. 

    Who feel the sting of disappointment when they open their envelopes.  

    Children who were held back from doing their best because they just weren’t in school enough this year, or last year, or the years before that. 

    Because those missed days – they may have felt harmless at the time – but they add up.  

    And children carry that extra weight with them into the exam room, and on into life beyond school. 

    The truth is that this is happening to far too many children. 

    This morning, children across the country are taking GCSE maths exams, so I’ll sprinkle some statistics into my speech today. 

    This statistic should shock us all. 

    1 in 5 children are persistently absent from our schools. 

    That’s 1.5 million, missing roughly a day every other week. 

    1.5 million. This isn’t a side issue, it’s not a niche problem to talk about in between the big education conversations.  

    This is the big education conversation. 

    Getting children back in school every day, back learning every day, back building towards a brighter future every day.  

    That’s the challenge for me, for you, for parents, for everyone in this room, for anyone across the country who cares about our children’s futures. 

    On that, I’m incredibly ambitious. 

    And since we’re meeting here at Villa Park, I hope you’ll allow me one or two football analogies, especially as my private secretary James, who is with me today, is a lifelong Aston Villa fan. 

    James tells me that since Villa were promoted from the Championship to the Premier League in 2019,  attendance at matches here in this stadium, as a percentage of max capacity, has gone from the mid-70s to the high-90s. 

    Only 2 or 3 seats in every hundred sitting empty on match day. 

    I want to see the same in our schools. And then I want to see even better. 

    We need to go from Championship to Premier League. 

    And the way we do that is by each recognising our joint responsibility to our children. 

    Government, schools, parents – working together to get children back in the classroom. 

    Parents have the responsibility to send their children to school. Of course they do.  

    But what schools do matters too. We can see it in the data. 

    Because within local authorities or trusts – there are similar schools, facing similar challenges, but with very different records on attendance. 

    Some doing really well. But in others we need to see more progress. 

    About two thirds of the difference can be explained by things like where the schools are and the communities they serve.  

    And I’m sure a bit reflects the complexities of schooling that we just can’t measure. 

    But there is a chunk, a big chunk, that is under the control of school leaders. 

    The data is clear – your leadership matters.  

    And we’re arming you with that data. You now have access to AI-powered reports for each of your schools. 

    You can see how each school’s performance compares with 20 similar schools.  

    As well as tailored tips for how to get attendance moving again. 

    And I’m pleased to say reports at trust and local authority level will be available soon. 

    Because that’s where you as system leaders come in, where you can think strategically across your schools. 

    On resourcing. 

    On accountability. 

    On data. 

    You can make a big difference on attendance, you can make a big difference in the lives of those absent children. 

    And as far as I’m concerned, that’s not just an opportunity, it’s a responsibility – one that I sincerely hope you can live up to. 

    So think about what more your schools can do to reach that child who misses too many Monday mornings.  

    What more your schools can do to work with those parents who don’t yet see the importance of attendance. 

    What more your schools can do to make sure every child knows they belong in the classroom. 

    We as government are right here with you – we are determined to do more to support you, determined that you as leaders have what you need to get the job done. 

    Just in the last few weeks we’ve improved our data tools for you.  

    These tools are now harnessing the power of AI to help you quickly identify and address problems as they arise. 

    We’ve also given secondary schools year 6 transition data – because we know, and you do too, that the jump from one school to the next is a key moment for attendance.  

    Giving you the right data means you can support the right children sooner. 

    But we’re going further to give you what you need. 

    We’re launching up to 90 new RISE Attendance and Behaviour Hubs.  

    These will be specially appointed schools.  

    They’ll work hand in hand with up to 500 schools with the most complex challenges. 

    And they’ll lead regional networks – for schools to come together, to share what works, and to learn from each other. 

    We’re also boosting funding by up to £49 million to give mental health support to 900,000 more young people in schools this year. 

    And we’re rolling out school-based nurseries and free breakfast clubs in our primary schools – teaching children from an early age that school is where they belong. 

    Attendance is a generational challenge. This will take grit, it will take graft, and it will take persistence – not for weeks or months but for years.  

    I know you don’t shy away from a challenge when it comes to the futures of our children. 

    You’ve faced huge challenges before, the covid pandemic is just one example.    

    You’ve come out fighting, and you’ve delivered – time and again. 

    And your hard work to get children back in the classroom is beginning to turn the tide. 

    Here’s another statistic – one I’m deeply proud of and you should be to: our children have spent 3 million more days in the classroom this year than last. 

    3 million – what a turn around.  

    So thank you, from the bottom of my heart, for all you’ve done to get attendance back moving in the right direction.  

    I can assure you, that hard work will make such a difference to all those children.  

    To the jobs they go on to get,  

    to the pay they go on to earn,  

    to the lives they go on to live. 

    But we can’t stop here. This isn’t the end of our journey on attendance. It’s just the beginning.  

    Now is the time to kick on, now is the time to take our action to the next level. 

    So thank you for coming today,  

    thank you for your hard work,  

    and thank you for your continued commitment to getting our children back in the classroom – once and for all.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 4 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: SCHUMER APPLAUDS GLOBALFOUNDRIES’ NEW $3 BILLION ADDITIONAL INVESTMENT SPURRED BY HIS CHIPS & SCIENCE LAW, BRINGING TOTAL TO $16 BILLION FOR CAPITAL REGION PROJECT TO BECOME EPICENTER OF AMERICA’S…

    US Senate News:

    Source: United States Senator for New York Charles E Schumer
    Schumer Has Fought For Years To Get GlobalFoundries To Expand Current Fab & Build New, State-Of-The-Art Second Manufacturing Facility In Malta, Delivering Whopping $1.5B Award From His Bipartisan CHIPS & Science Law Last Year To Finally Make Project A Reality
    Now GlobalFoundries Is Investing $3B More In The Project, Further Expanding Advanced Packaging And R&D, Because Of The Foundation Schumer Laid To Strengthen American Semiconductor Leadership
    Schumer: GlobalFoundries Is Doubling Down On The Capital Region With $3B More To Make Upstate NY America’s Semiconductor Epicenter
    A longtime advocate for GlobalFoundries’ growth in the Capital Region, U.S. Senator Chuck Schumer today applauded GlobalFoundries’ announcement that it will invest an additional $3 billion to expand its first-of-its-kind chip packaging facility at its Saratoga County location, bringing its total investment to $16 billion in the Capital Region and the country thanks to his bipartisan CHIPS & Science Law.
    “GlobalFoundries is writing the future of American chipmaking right here in the Capital Region. With this additional $3 billion investment, GlobalFoundries is making a whopping $16 billion investment spurred by my CHIPS & Science Law, and is doubling down on Upstate New York as America’s semiconductor epicenter,” said Senator Schumer. “Soon, America’s AI future, and the next generation of the top chips that power everything from cell phones to cars will be made in Upstate New York from start to finish! I worked for years to pass the CHIPS & Science Law, to deliver more than $1.5 billion in federal CHIPS investment for GlobalFoundries’ growth in Saratoga County, and continued announcements like this show that bet is paying off bigger than most thought possible. This is a win-win-win for GlobalFoundries, Upstate NY’s chip supply chain, and our national & economic security.”
    “Today we continue to show our commitment to U.S. manufacturing by partnering with our customers to onshore critical components of the supply chain needed for datacenters, communications infrastructure, AI edge devices and more,” said Dr. Thomas Caulfield, Executive Chairman of GlobalFoundries. “Thanks to the leadership of Senator Schumer and the New York Delegation, New York has become a world class ecosystem for semiconductor manufacturing and R&D. Today’s investment will reestablish secure, domestic supply chains for critical technologies and continue to bring high-paying manufacturing jobs to Upstate New York.”
    GlobalFoundries is committing an additional $3 billion on advanced research and development initiatives focused on packaging innovation, silicon photonics, and next-generation GaN technologies. With the $16 billion total investment now being made, GlobalFoundries aims to collaborate with major tech companies like Apple, AMD, and General Motors to strengthen American semiconductor leadership by producing American-made chips and advancing AI, aerospace, automotive, and high-performance communication innovation.
    Schumer has worked for years to help GlobalFoundries expand and delivered historic investments from his bipartisan CHIPS & Science Law for GlobalFoundries and the Capital Region. Last year, Schumer secured $1.5 billion in CHIPS funding to support the expansion of GlobalFoundries’ existing fab in Malta, NY, and the construction of a second, state-of-the-art fab at the same site. Schumer later secured an additional $75 million in CHIPS funding for GlobalFoundries to create a first-of-its-kind advanced chips packaging and testing center. The new center will help GlobalFoundries increase production while bolstering national security by creating a secure facility to package, test, and manufacture semiconductors to support defense applications, AI, and high-performance computing, among other key industries. Together, these investments are expected to create thousands of good-paying manufacturing and union construction jobs in the Capital Region.
    On top of the investments Schumer has secured for GlobalFoundries, the senator additionally delivered a historic $825 million in CHIPS funding to make Albany NanoTech the first flagship facility of the National Semiconductor Technology Center (NSTC). The NSTC is a critical part of Schumer’s mission of re-establishing America’s leadership in the semiconductor industry and will bring together industry leaders, researchers from the nation’s top universities, innovators, workers, and entrepreneurs in the Capital Region to give them access to the most advanced chip making machinery in the world and drive the next frontier of chip innovation and manufacturing.
    Currently, there are only four companies outside of China that provide current and mature foundry capabilities at the scale of GlobalFoundries, and GlobalFoundries is the only one of those companies that is headquartered in the United States. GlobalFoundries, a Trusted Foundry for the Department of Defense, is a key supplier of chips for America’s national defense, with strong partnerships with major defense contractors like Lockheed Martin. GlobalFoundries also supplies chips to America’s auto industry with partnerships in place with companies like General Motors, which saw severe shortages of chips during the pandemic, leading to increased prices for cars. Thanks to the investment Schumer has secured, GlobalFoundries is expanding its current fab focused on automotive chips to help meet soaring demand for chips in cars and get ahead of future supply chain challenges.
    GlobalFoundries is a leading producer of essential chips that are critical across industries, from mobile phones and artificial intelligence to automobiles and defense technologies. Growth in AI is driving demand for the chips GlobalFoundries produces. The silicon photonics chips this new Center will produce are also in demand in the automotive, communications, radar, and other critical industries. The New York Advanced Packaging and Photonics Center will offer advanced packaging, assembly, and testing, allowing the company to more easily transform chips into individual packages ready for end-product use entirely in the United States. The Center’s new production capabilities will help onshore advanced packaging, which mostly takes place in Asia today, while further boosting GlobalFoundries’ production capacity.

    MIL OSI USA News

  • Empowering India’s Youth: A Decade of Progress and Promise

    Source: Government of India

    Source: Government of India (4)

    Over the past eleven years, the Government of India has made significant strides in empowering the youth, recognizing them as the nation’s most valuable asset. With over 65% of its population under the age of 35, India has focused on transforming its youth into a driving force for national growth through reforms in education, skilling, employment, entrepreneurship, and sports.

    Revolutionizing Education

    With the introduction of the National Education Policy 2020, the government aims to boost the Gross Enrolment Ratio and enhance the quality of education from preschool to university level. The number of universities has nearly doubled from 760 in 2014–15 to 1,334 in 2025, alongside significant expansions in IITs, IIMs, and AIIMS.

    The number of Indian Institutes of Technology (IITs) has grown from 16 to 23, following the addition of seven new IITs over the past decade.

    The Indian Institutes of Management (IIMs) have also seen steady growth, increasing from 13 in 2014 to 21 by May 2025, reflecting a broader push to strengthen management education across the country.

    In the medical education sector, the transformation has been even more striking. The number of All India Institutes of Medical Sciences (AIIMS) has more than tripled—from 7 in 2014 to 23. Medical colleges across the nation have surged from 387 to 2,045, now offering over 1.9 lakh medical seats as of 2024.

    Skilling for the Future

    Initiatives like PM Kaushal Vikas Yojana have trained over 1.63 crore youth in industry-relevant skills. The job-readiness of graduating students has seen a sharp rise from 33.9% in 2014 to 51.3% in 2024.

    Expanding Employment Opportunities

    Schemes like the Rozgar Mela have distributed around 10 lakh government job appointment letters, while EPFO data shows a substantial rise in formal employment, with over 3.45 crore young subscribers added since 2020.

    Boosting Entrepreneurship

    The Startup India programme has supported over 1.6 lakh startups, generating more than 17.6 lakh jobs. Loan disbursement under MUDRA Yojana surged, with the credit limit raised to ₹20 lakh to aid small entrepreneurs.

    Building a Sporting Nation

    Through Khelo India, Target Olympic Podium Scheme (TOPS), and hosting major events like the National Games, India is nurturing world-class athletes. Notable achievements include 6 medals at the 2024 Paris Olympics and a record 29 medals at the Paralympics.

    Youth Engagement in Nation-Building

    The Agnipath scheme and the National Youth Festival 2025 have provided platforms for leadership, service, and innovation, connecting youth directly with national development goals.

    Conclusion

    India’s focused efforts over the last decade have laid a solid foundation for empowering its youth. By investing in education, skills, jobs, entrepreneurship, and sports, the government is unlocking the vast potential of young Indians to lead the country toward a prosperous and developed future.

  • MIL-OSI Russia: China Creates 300-Kilometer Fully Connected Quantum Secure Direct Communication Network

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 4 (Xinhua) — Chinese scientists have achieved a new milestone in the development of quantum communication by successfully building a 300-kilometer-long fully connected quantum secure direct communication (QSDC) network, which is practically applicable to long-distance communication use.

    A major breakthrough by a research team from Shanghai Jiaotong University has preserved the accuracy of a quantum state by more than 85 percent after transmitting data between four users over a distance of 300 km, Science and Technology Daily reported.

    Published in the journal Science Bulletin, the latest research aims to overcome two key limiting factors for quantum networking – data transmission range and throughput.

    The team developed an innovative dual-pumped structure with high anti-jamming capability to successfully realize QSDC over a distance of more than 300 km, while the photon pair transmission frequency was stabilized at 300 to 400 Hz, which theoretically allows for data transmission rates of several bits per second.

    The result follows a team of researchers from Beijing in February this year reporting a world record in testing quantum direct communication over standard optical fibre, achieving continuous and uninterrupted data transmission over a distance of 104.8 km.

    Quantum direct communication was previously proposed by researchers at Tsinghua University. It enables secure communication by using quantum states and has advantages such as detecting and preventing eavesdropping, compatibility with existing networks, simplified management processes, and covert data transmission.

    QSDC systems are expected to be widely used in finance and other areas with extremely high information security requirements. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Exclusive: US tariffs add uncertainty for EU and Balkans – analyst

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    SARAJEVO, June 4 (Xinhua) — The U.S. proposal to impose tariffs on EU goods signals a broader shift in its policies and could cause significant damage to transatlantic economic ties, Adnan Huskic, an analyst and associate professor at the Sarajevo School of Science and Technology, told Xinhua in a recent interview.

    “This move reflects a simplistic approach to global trade and deep-rooted mistrust of Europe,” he said. “Such measures go beyond economics and demonstrate the continued abdication of the United States’ role in ensuring security on the European continent.”

    Although Bosnia and Herzegovina is not a member of the European Union, Huskic noted, it remains closely linked to EU countries, especially Germany, its main export market. “Any economic downturn in Germany or the EU will have serious side effects for Bosnia and the entire Western Balkans,” he said.

    A. Huskic also expressed concern about the fragmented response of the region to global changes. “The countries of the Western Balkans often act independently of each other and do not maintain strategic cooperation. Such fragmentation makes them vulnerable to global shocks, and ultimately they have to adapt to the dynamics created by the main players in this arena.”

    The change in the US approach to global interaction has created uncertainty among its partners, said A. Huskic, adding that the new reality is the United States, characterized by an inconsistent and unpredictable policy.

    “The rest of the world must stand firm in defense of free trade,” he added.

    The expert also pointed to Europe’s lag in emerging technologies and the need for reform. According to him, the EU is currently lagging behind in artificial intelligence and other innovative areas, and its economic model is in dire need of change.

    The EU must quickly reform and seek global partners with similar goals to become more autonomous and innovative, added A. Huskic. –0–

    MIL OSI Russia News

  • MIL-OSI: Old National Again Named Among the 50 Most Community-Minded U.S. Companies by Points of Light

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., June 04, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB) For the second consecutive year, Old National Bancorp (“Old National”) has been named by Points of Light as one of “The Civic 50” honorees for 2025. This annual designation is reserved for the 50 most community-minded companies in the nation.

    A global nonprofit that inspires, equips and mobilizes people to take action that changes the world, Points of Light has recognized the 50 most community-minded companies in the nation every year since 2012. The Civic 50 award is based on employee volunteering, community investment, corporate citizenship and social impact programs.

    “Our team members love rolling up their sleeves and making a difference in their communities, as evidenced by the more than 67,000 collective volunteer hours they logged in 2024,” said Jim Ryan, Old National Chairman and CEO. “Old National is honored to again be recognized by Points of Light as an organization that truly puts our values into action.”

    Combined, The Civic 50 companies for 2025 have engaged more than 460,000 employees to volunteer more than 6.5 million hours in their communities. That’s double the average for U.S. companies not in The Civic 50.

    “In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders,” said Jennifer Sirangelo, President and CEO, Points of Light. “Companies like Old National are leading the way in showing how social impact benefits their employee’s well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce, and they’re extremely deserving of this recognition.”

    The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They are selected based on four dimensions of their corporate citizenship and social impact programs:

    • Investment of resources and volunteerism
    • Integration across business functions
    • Institutionalization through policies and systems
    • Impact measurement

    You can click here for the full list of The Civic 50 honorees. Additionally, for more information and to view Old National’s latest Community Action Report, click here.

    ABOUT OLD NATIONAL
    Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National as one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.

    ABOUT POINTS OF LIGHT
    Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef16551-151e-4885-a99d-ec031f84e1fe

    The MIL Network

  • MIL-OSI: DIMO Partners with Grupo Kaufmann to Power the Future of Connected Cars in Latin America

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and SANTIAGO, Chile, June 04, 2025 (GLOBE NEWSWIRE) — DIMO, a leading connected vehicle platform, today announced a first-of-its-kind strategic partnership with Grupo Kaufmann, one of Latin America’s largest automotive dealership networks. With headquarters in Chile and operations spanning six countries, the company is renowned for its commitment to innovation in the automotive industry. Through this partnership, DIMO and Kaufmann are working to redefine the connected car experience for auto dealerships throughout Latin America.

    In 2024, an estimated 1.7 million connected cars were projected to be sold across Latin America—a relatively small share of the region’s total annual vehicle sales. This gap reflects limited connectivity adoption, driven by the historically high cost of building top-down infrastructure, which has caused many automakers to deprioritize the region. Kaufmann aims to close this gap by leveraging DIMO’s standardized connectivity infrastructure to develop interoperable apps and services across automakers. This will bring scalable, affordable innovation to the Latin American market.

    Initially, Kaufmann will deploy DIMO LTE devices for data collection and product development. After integration, it will offer customers a unique set of connected services, such as real-time diagnostics, customized maintenance alerts and rewards-based loyalty programs, further raising the standard of expertise and service excellence.

    At the core of this partnership is DIMO’s transformative data model. Built with a privacy-first approach, the DIMO protocol streamlines vehicle data connectivity with user consent, enabling Kaufmann to deliver data-driven services far more cost-effectively than developing these systems in-house. With the driver’s consent, Kaufmann will gain access to real-time vehicle data. This data unlocks performance insights, personalized service recommendations, and timely outreach – laying the foundation for a proactive customer-first dealership experience. The DIMO protocol ensures drivers maintain full control over their data – fostering trust while delivering mutual value to both consumers and dealerships.

    “Grupo Kaufmann recognizes that the future of connected vehicle services will be shaped by a new generation of apps and services designed for a digitally native audience,” said Alex Rawitz, Co-founder of DIMO. “The world’s new car owners want more than utilities — they want games, social experiences, rewards, and more we’ve yet to imagine. With DIMO’s infrastructure, Kaufmann can serve as the conduit for this creative energy, delivering next-generation experiences to drivers across Latin America.”

    As the global automotive industry accelerates toward connected, digital-first experiences, Kaufmann is taking the lead in Latin America. Its partnership with DIMO reflects a long-term strategy to lead through innovation and sustainability, while transforming the dealership into a hub for lifelong mobility services.

    “At Grupo Kaufmann, we believe the future of the automotive industry in Latin America will be defined by the ability to turn data into meaningful experiences for our customers. Our partnership with DIMO accelerates this vision by enabling efficient, secure, and scalable vehicle connectivity. It’s a key step in our digitalization strategy to position Kaufmann as a regional leader in smart mobility solutions,” said Carlos De Martini, Corporate Digital Business Manager, Grupo Kaufmann.

    About DIMO

    DIMO is the next-generation connected vehicle platform. Its privacy-first and AI integrated infrastructure connects drivers, automakers and developers to expedite connected vehicle application development while retaining full data ownership by drivers. Through the DIMO Mobile app, drivers gain real-time insights to improve vehicle performance, maximize savings on maintenance, and access a growing suite of marketplace applications while earning rewards in DIMO tokens. It was founded in 2021 by a team with decades of experience across automotive and fintech— including roles at ConsenSys, Vroom, GM, Volkswagen, and Chainalysis.

    About Kaufmann

    With more than 70 years of history, Kaufmann has established itself as one of the most influential companies in the automotive sector in Latin America. Present in Chile, Peru, Colombia, Costa Rica, Panama and Nicaragua, it represents leading brands such as Mercedes-Benz, FUSO and Freightliner, and from 2025, it will promote electromobility with the arrival of smart and its 100% electric vehicles. Its commercial network, which in Chile spans from Arica to Punta Arenas, combines a comprehensive offer of cars, buses, trucks and vans with a robust ecosystem of after-sales services, advanced technology and personalized attention.

    Kaufmann’s vision is focused on leading sustainable mobility in the region, maintaining a firm commitment to innovation, operational excellence and customer experience. Its team of more than 2,500 professionals drives a culture focused on the responsible transformation of transportation.

    The MIL Network

  • MIL-OSI: Caro Holdings Launches AI Agent Suite to Automate Investor Relations and Financial Operations

    Source: GlobeNewswire (MIL-OSI)

    SHEFFIELD, United Kingdom, June 04, 2025 (GLOBE NEWSWIRE) — Caro Holdings Inc. (OTC: CAHO), through its subsidiary, has launched an integrated suite of AI agents designed to automate manual processes across investor relations, financial reporting, compliance, and stakeholder communications. The flagship investor chatbot marks the first deployment in a platform built to streamline how public companies manage information flow and engage stakeholders.

    Caro’s AI ecosystem includes specialised agents that work independently and collaboratively to automate critical business functions:

    Investor Relations Agent

    • Provides instant, source-verified responses to investor, analyst, and media inquiries
    • Processes complex multi-document queries across filings, earnings releases, presentations, and regulatory submissions
    • Delivers personalized responses based on user type (institutional investor, retail shareholder, analyst, journalist)
    • Maintains conversation context for follow-up questions and detailed financial analysis

    Caro is also developing additional agents that support public companies in finance, compliance, and communications, including:

    • Financial Reporting Automation Agent – Generates investor-ready summaries, comparative reports, and stakeholder-specific fact sheets
    • Regulatory Compliance Monitor – Tracks disclosure requirements, flags potential issues, and maintains audit trails
    • Market Intelligence Agent – Monitors competitor activity, analyst sentiment, and market signals
    • Stakeholder Communication Agent – Automates personalised outreach, follow-ups, and multi-channel messaging after earnings calls or key events

    The platform leverages agentic AI to perform complex reasoning and decision-making previously requiring human expertise.

    Early adopters report significant impact:

    • 90% reduction in time spent on routine investor queries
    • 75% decrease in manual report prep for meetings
    • 24/7 availability, eliminating business-hour limitations

    The global AI chatbot market is projected to reach $31.11 billion by 2029, with financial services AI agents alone expected to grow to $4.5 billion by 2030 at a 45.4% CAGR. This reflects strong demand for automation tools that cut costs while improving the speed and quality of stakeholder interactions.

    Traditional IR teams still spend up to 80% of their time on repeatable tasks – from handling standard questions to generating boilerplate reports. Caro’s AI suite removes that burden, allowing professionals to focus on strategy and relationship-building.

    Companies interested in eliminating manual investor relations processes can request a demonstration and early access at www.caroholdings.com/earlyaccess.

    About Caro Holdings Inc.
    Caro Holdings Inc. is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its services include e-commerce strategy, digital marketing, AI voice technology, and growth capital. Learn more at www.caroholdings.com.

    Caro Holdings Inc.
    +1 786-755-3210
    ir@caroholdings.com

    The MIL Network

  • MIL-OSI United Nations: Sudan: Rape survivors and pregnant women cut off from life-saving services as funding collapses

    Source: United Nations Population Fund

    CAIRO, 4 June 2025 – Hundreds of thousands of women and girls in Sudan are being left without access to emergency obstetric care or support after rape, as conflict, access constraints and devastating funding cuts cut off care and gut essential health services. UNFPA, the United Nations sexual and reproductive health agency, warns that without immediate support, women and girls will continue to pay for this crisis with their lives.

    Pregnant women in crisis

    Gynaecologists, nurses and midwives tell UNFPA they are witnessing more and more displaced pregnant women arriving at facilities in desperate condition after months without care, often suffering complications from constant distress, malnutrition, and physical exhaustion. Balghis, a UNFPA-supported midwife in Gedaref state told UNFPA: “By the time they reach us, it’s often a race against time to safeguard the health of the mother, the baby, or both. These are not isolated cases; they are becoming the norm.” 

    Over 1.1 million pregnant women in Sudan currently lack access to antenatal care, safe delivery, and postpartum care due to persistent insecurity, access limitations and inadequate funding, according to WHO. Recent funding cuts by donors have forced UNFPA to withdraw support from more than half of the 93 health facilities it was funding. In the areas most severely affected by fighting, including the regions of Al Jazirah, Kordofan, the Darfurs, and in the capital, Khartoum, 80 percent of health facilities are barely functional or completely shut down. 

    Rape survivors left without protection

    UNFPA’s gender-based violence prevention and treatment services have also undergone sharp cuts, forcing the organization to scale back services to survivors escaping violence and to shutter 11 out of 61 safe spaces. These spaces provided safety, counselling, medical treatment and legal referrals to survivors of rape. Only one in four facilities offering clinical management of rape services across all 18 States are currently fully operational, with the Darfurs and Kordofan the most severely affected.  

    Around 12.1 million people in Sudan —  nearly one in four, most of them women and girls  —   are now at risk of gender-based violence. Demand for gender-based violence services tripled last year, and more than half of those who sought support at UNFPA-supported facilities had been exposed to rape or other forms of sexual assault. 

    Dina, a gender-based violence specialist in Sudan, told UNFPA: “The scale and brutality of violations are beyond anything we’ve previously documented. We have documented numerous cases of adolescent girls who have survived rape and sexual violence. Many are left coping with the consequences, including unwanted pregnancies, sexually transmitted infections, and deep psychological trauma. It will take decades to recover from this. Yet the survivors we work with are still fighting to survive, to raise their voices, and to access justice.” 

    Chronic underfunding puts women and girls at further risk

    Funding for gender-based violence prevention and response has been woefully inadequate for years. In 2024, humanitarian donors provided less than 20 percent of the $62.8 million required to tackle gender-based violence in Sudan. When combined with the deep cuts this year to sexual and reproductive health services which are inextricably linked to gender-based violence services, the service gap is expected to widen.

    “The world is turning its back on the women and girls of Sudan,” said Laila Baker, UNFPA Arab States Regional Director. “Cuts to humanitarian funding are not just budget decisions — they are life-and-death choices. When the services that protect women’s health, safety and dignity vanish, what message do we send? That their suffering is invisible. That their lives don’t matter. This is unacceptable.”

    UNFPA calls on international donors to step up with immediate, urgent funding for Sudan’s women and girls. Silence and inaction are a choice. Donors must act now — lives depend on it.

    Available resources

    Photos from a UNFPA-supported health centre and women and girls’ safe spaces in Gedaref and Kassala are available here:  They are free to use with credit to ©UNFPA.

    To download, journalists can self-register for an account by clicking the “login” button in the upper right corner. Their account will be automatically approved once they verify their email address.

    About UNFPA

    UNFPA is the United Nations sexual and reproductive health agency. Our mission is to deliver a world where every pregnancy is wanted, every childbirth is safe and every young person’s potential is fulfilled.

    Media Contacts

    MIL OSI United Nations News

  • MIL-OSI United Nations: 4 June 2025 Departmental update Neglected tropical diseases further neglected due to ODA cuts

    Source: World Health Organisation

    Neglected tropical diseases (NTDs) are a diverse group of conditions1 that still affect 1 billion people, mainly vulnerable populations in underserved regions of the world. Nevertheless, they are preventable, treatable and can be eliminated. As of May 2025, 56 countries have successfully eliminated at least one NTD – demonstrating significant progress towards WHO’s global target of 100 countries reaching elimination by 2030.

    This hard-won progress is now at risk. The dismantling of official development assistance (ODA) for global health, and particularly for NTD programmes, threatens to stall or reverse gains and negatively impact lives of vulnerable communities.

    Threat to NTD gains

    The recent withdrawal of funding by the United States from NTD projects jeopardizes the success of 19 years of investment in the global effort to eliminate NTDs.

    Early reports shared with the World Health Organization (WHO) indicate that the immediate impact of the funding withdrawal has delayed 47 campaigns in which mass treatment was warranted to free 143 million people from the burden of NTDs. In 2020, WHO Member States set targets for 2030 by endorsing the Road map for neglected tropical diseases 2021–2030 through World Health Assembly decision WHA73(33). Missing the planned campaigns and impact surveys in 2025 will postpone the achievement of targets in at least 10 additional countries. The abrupt cuts also halted critical research to validate new treatments, diagnostics and surveillance platforms to ensure these diseases no longer pose a threat globally.

    On 10 April 2025, WHO issued a warning on the impact caused by sudden suspensions and reductions in ODA for health, indicating that health service disruptions had been reported by over 70% of its surveyed country offices and that NTD programmes were among the most severely affected. In some settings, the nature and scale of service disruptions are comparable to those observed during the peak periods of the COVID-19 pandemic.

    Critical shortages in medicines and health products are leaving one third of responding countries without essential commodities for major health services. At the same time, the suspension of funding has triggered job losses among health and care workers in over half of those countries.

    Furthermore, if alternative mechanisms for service delivery are not urgently secured, suspensions and reductions in ODA for health could lead to expiration of over 55 million NTD tablets by the end of 2025, in Africa alone. In response, countries are working to identify local opportunities to sustain treatment activities, including integrated campaigns within broader health initiatives and mobilization of national resources to protect people’s health, prevent medicine wastage and sustain progress.

    Incredible past achievements at risk

    Over the past two decades, the Government of the United States of America, through USAID, supported the delivery of 3.3 billion treatments to more than 1.7 billion people in 26 countries, clearing infections, stopping transmission and reducing the burden of lymphatic filariasis, onchocerciasis (river blindness), schistosomiasis, soil-transmitted helminthiases (intestinal worm infections) and trachoma in several areas. This cumulative support of US$ 1.4 billion significantly advanced public health outcomes and enabled 14 countries (Bangladesh, Benin, Cambodia, Colombia, Ecuador, Ghana, Guatemala, Lao People’s Democratic Republic, Mali, Mexico, Nepal, Niger, Togo and Viet Nam) to achieve elimination of at least one NTD.

    NTD programmes have continued delivering impressive results despite fierce challenges: in 2023 alone, more than 860 million people received treatment for NTDs through mass drug administration or individual case management; and between January 2023 and May 2025, 17 countries were officially acknowledged by WHO for eliminating one NTD. Today, the halt in drug distribution and the layoff of frontline health workers threaten to reverse this progress – raising serious concerns about the resurgence of NTDs in the most affected regions.

    Funding challenges and implications for NTDs

    The withdrawal of United States funding to NTD programmes is not an isolated event. The last few years have witnessed a deprioritization of financial investments in support of NTDs, which accelerated during the years of the COVID-19 pandemic. For example, in 2021, another key stakeholder, the Government of the United Kingdom of Great Britain and Northern Ireland, ended its flagship NTD initiative, the Ascend programme. Nevertheless, recent pledges such as those made in December 2023 during the Reaching the Last Mile (RLM) Forum had raised hopes of reversing this trend.

    Decreased funding places a heavy strain on NTD programmes at a time when they are called to face unprecedented challenges, including the impact of climate change on vector-borne diseases. Notably, WHO declared dengue a grade 3 emergency in 2024, when over 14 million cases and 10 000 deaths were reported in 107 countries. The current global risk of dengue is assessed as high, and the disease remains a global health threat, while lack of resources continues to hamper prevention and control efforts, and the disease has spread to newer areas and countries in recent years.

    NTD programmes are recognized among the most cost-effective initiatives in global health, also thanks to effective public-private partnerships. Generous donations from pharmaceutical companies including Bayer AG, Chemo Group, Eisai Co. Ltd, EMS SA Pharma, Gilead Sciences, Inc., GSK, Johnson & Johnson, Merck KGaA, Merck Sharp & Dohme (MSD), Novartis, Pfizer and Sanofi – cumulatively valued at over US$ 12 billion between 2011 and today –make life-changing treatments available to those in need at minimal cost.

    Defunding NTD programmes threatens a proven public health success, potentially reversing hard-earned progress, exacerbating the cycle of disease and poverty, leaving vulnerable populations further marginalized and deepening inequality.

    Moving forward

    During the most recent Seventy-eighth World Health Assembly, NTDs were centre-stage, with a number of events held on the margins of the Assembly. Notably, two NTD-related resolutions, on eradication of dracunculiasis (Guinea-worm disease) and on skin diseases, were unanimously adopted by Member States.

    At this critical juncture, it is imperative to build on such renewed consensus and strengthen the global commitment to eliminating NTDs. This requires fostering nationally owned, sustainable programmes complemented by catalytic external support. Together, we must work towards the complete elimination of NTDs and release communities from the heavy burden of suffering these diseases cause.

    Notes

    1. Buruli ulcer; Chagas disease; dengue and chikungunya; dracunculiasis; echinococcosis; foodborne trematodiases; human African trypanosomiasis; leishmaniasis; leprosy; lymphatic filariasis; mycetoma, chromoblastomycosis and other deep mycoses; noma; onchocerciasis; rabies; scabies and other ectoparasitoses; schistosomiasis; snakebite envenoming; soil-transmitted helminthiases; taeniasis and cysticercosis; trachoma; yaws.

    MIL OSI United Nations News

  • MIL-OSI: Anitian Launches AI-Powered SSP Automation to Accelerate FedRAMP Compliance for SaaS Companies

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Anitian, a leader in compliance automation solutions, today announced the first production deployment of its AI-powered SSP (System Security Plan) automation tool — a breakthrough that significantly enhances the speed and efficiency of achieving FedRAMP compliance for SaaS companies.

    This new AI capability acts as a copilot for Anitian’s expert compliance advisors, automating time-consuming documentation and review processes while maintaining the highest standards of accuracy and quality. The result: SaaS companies can now achieve FedRAMP audit readiness even faster and more cost-effectively — accelerating their entry into the lucrative federal market.

    “With our AI-powered SSP automation, we’re embedding intelligence into the compliance process without sacrificing rigor or accuracy,” said Alex Degitz, Director of Product at Anitian. “Our goal is to remove the traditional trade-off between speed and quality. These enhancements empower our customers to achieve a FedRAMP ATO faster, more cost-effectively, and with greater confidence.”

    The deployment of Anitian’s AI SSP automation enhances the company’s four core value pillars:

    • Speed to Compliance — Accelerates audit readiness even further, shortening time-to-market for federal opportunities.
    • Cost Efficiency — Unlocks operational efficiencies that reduce audit preparation costs.
    • Stronger Competitive Positioning — Equips customers to enter and win in the federal market faster and with a differentiated edge.
    • Visibility & Validation — Maintains expert oversight and technical control while minimizing vulnerabilities through automated, continuous monitoring.

    Anitian’s Continuous Compliance Automation (CCA) solution already enables SaaS companies to achieve FedRAMP audit readiness in as few as 4 months — up to 4x faster than traditional methods — while reducing costs by over 50%. The addition of AI-powered automation further amplifies these advantages, providing customers with an unparalleled pathway to compliance and growth.

    For SaaS providers looking to re-engage with the federal market or re-evaluate their compliance strategy in today’s budget-conscious environment, Anitian’s latest innovation offers a timely opportunity to achieve greater value and faster ROI.

    About Anitian
    Anitian’s cloud-native Continuous Compliance Automation platform helps SaaS companies rapidly achieve and maintain FedRAMP compliance standards — enabling faster growth, reduced costs, and minimized risk. Anitian is trusted by leading SaaS providers across industries to deliver speed, security, and market advantage. Learn more at www.anitian.com.

    Press Contact:
    Emily Bertrand
    Emily.Bertrand@anitian.com

    The MIL Network

  • MIL-OSI: GDS to Hold Annual General Meeting on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 04, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it will hold its 2025 Annual General Meeting of Shareholders (the “AGM”) at Beijing Meeting Room, F5, Building C, Sunland International, No. 999 Zhouhai Road, Pudong, Shanghai, P.R.C. at 4:00 p.m. (China Standard Time) on June 26, 2025 (which is 4:00 a.m. (Eastern Daylight Time) on June 26, 2025).

    Holders of the Company’s ordinary shares and Series A convertible preferred shares listed in the register of members of the Company at the close of business on June 4, 2025 (China Standard Time) are entitled to receive notice of, and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through JPMorgan Chase Bank, N.A. (“JPMorgan”), the depositary of the Company’s ADS program. Holders of ADSs at the close of business on June 4, 2025, New York time will be able to instruct JPMorgan as to how to vote the Class A ordinary shares represented by such ADSs.

    Copies of the Notice of the AGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at http://investors.gds-services.com, on the SEC’s website at www.sec.gov and HKEX’s website at http://www.hkexnews.hk.

    GDS has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (“SEC”). The Company’s Form 20-F can be accessed on the Company’s website at investors.gds-services.com, as well as on the SEC’s website at www.sec.gov.

    GDS has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEX”), which can be accessed on the Company’s website at investors.gds-services.com as well as the HKEX’s website at http://www.hkexnews.hk.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network

  • MIL-OSI Global: What is vibe coding? A computer scientist explains what it means to have AI write computer code − and what risks that can entail

    Source: The Conversation – USA – By Chetan Jaiswal, Associate Professor of Computer Science, Quinnipiac University

    Large language model AIs can generate software code based on your prompts. J Studios/DigitalVision via Getty Images

    Whether you’re streaming a show, paying bills online or sending an email, each of these actions relies on computer programs that run behind the scenes. The process of writing computer programs is known as coding. Until recently, most computer code was written, at least originally, by human beings. But with the advent of generative artificial intelligence, that has begun to change.

    Now, just as you can ask ChatGPT to spin up a recipe for a favorite dish or write a sonnet in the style of Lord Byron, you can now ask generative AI tools to write computer code for you. Andrej Karpathy, an OpenAI co-founder who previously led AI efforts at Tesla, recently termed this “vibe coding.”

    For complete beginners or nontechnical dreamers, writing code based on vibes – feelings rather than explicitly defined information – could feel like a superpower. You don’t need to master programming languages or complex data structures. A simple natural language prompt will do the trick.

    How it works

    Vibe coding leans on standard patterns of technical language, which AI systems use to piece together original code from their training data. Any beginner can use an AI assistant such as GitHub Copilot or Cursor Chat, put in a few prompts, and let the system get to work. Here’s an example:

    “Create a lively and interactive visual experience that reacts to music, user interaction or real-time data. Your animation should include smooth transitions and colorful and lively visuals with an engaging flow in the experience. The animation should feel organic and responsive to the music, user interaction or live data and facilitate an experience that is immersive and captivating. Complete this project using JavaScript or React, and allow for easy customization to set the mood for other experiences.”

    But AI tools do this without any real grasp of specific rules, edge cases or security requirements for the software in question. This is a far cry from the processes behind developing production-grade software, which must balance trade-offs between product requirements, speed, scalability, sustainability and security. Skilled engineers write and review the code, run tests and establish safety barriers before going live.

    But while the lack of a structured process saves time and lowers the skills required to code, there are trade-offs. With vibe coding, most of these stress-testing practices go out the window, leaving systems vulnerable to malicious attacks and leaks of personal data.

    And there’s no easy fix: If you don’t understand every – or any – line of code that your AI agent writes, you can’t repair the code when it breaks. Or worse, as some experts have pointed out, you won’t notice when it’s silently failing.

    The AI itself is not equipped to carry out this analysis either. It recognizes what “working” code usually looks like, but it cannot necessarily diagnose or fix deeper problems that the code might cause or exacerbate.

    IBM computer scientist Martin Keen explains the difference between AI programming and traditional programming.

    Why it matters

    Vibe coding could be just a flash-in-the-pan phenomenon that will fizzle before long, but it may also find deeper applications with seasoned programmers. The practice could help skilled software engineers and developers more quickly turn an idea into a viable prototype. It could also enable novice programmers or even amateur coders to experience the power of AI, perhaps motivating them to pursue the discipline more deeply.

    Vibe coding also may signal a shift that could make natural language a more viable tool for developing some computer programs. If so, it would echo early website editing systems known as WYSIWYG editors that promised designers “what you see is what you get,” or “drag-and-drop” website builders that made it easy for anyone with basic computer skills to launch a blog.

    For now, I don’t believe that vibe coding will replace experienced software engineers, developers or computer scientists. The discipline and the art are much more nuanced than what AI can handle, and the risks of passing off “vibe code” as legitimate software are too great.

    But as AI models improve and become more adept at incorporating context and accounting for risk, practices like vibe coding might cause the boundary between AI and human programmer to blur further.

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

    ref. What is vibe coding? A computer scientist explains what it means to have AI write computer code − and what risks that can entail – https://theconversation.com/what-is-vibe-coding-a-computer-scientist-explains-what-it-means-to-have-ai-write-computer-code-and-what-risks-that-can-entail-257172

    MIL OSI – Global Reports

  • MIL-OSI Africa: Ghana’s Minerals Commission Showcases Drone Technology at Mining in Motion 2025

    Source: Africa Press Organisation – English (2) – Report:

    ACCRA, Ghana, June 4, 2025/APO Group/ —

    The Minerals Commission of Ghana – the body responsible for the regulation and management of the country’s mineral resources – is utilizing drone technology to address illegal mining. This innovative solution not only enables the government to combat illegal processes, but supports mining operations through geological tracking and oversight.

    At the Mining in Motion 2025 summit – taking place this week in Accra – Dr. Sylvester Akpah, Lead Consultant at the Minerals Commission, showcased how the drones provide real-time aerial surveillance of mining concessions and mineral-rich areas, enabling authorities to detect and respond to illegal operations.

    “There is a need for us to support the government’s agenda to ensure mining is done legally and sustainably, through the aerial imagery we obtain from drones,” Akpah said.

    He explained that artificial intelligence (AI) is integrated into the system to analyze drone footage and pinpoint the exact coordinates of suspected illegal mining activities.

    “With AI, we can determine whether a site is legal or illegal. Once that’s confirmed, security agencies can be deployed to take appropriate action,” he said.

    Beyond identifying unauthorized mining, the technology also allows for tracking of excavators, providing insights into ownership, operational legality and the movement of mined minerals. This enhances regulatory oversight and transparency in the mineral value chain.

    Data collected by the drones is integrated into the Minerals Commission of Ghana’s internal systems, where it is analyzed by trained local data analysts. According to Akpah, the data acquisition and processing contributes to local skills development and supports Ghana’s broader digitalization efforts in the mining sector.

    MIL OSI Africa

  • MIL-OSI Africa: Africa Investment Forum Partners Sign Partnership Framework Agreement at African Bank Development Bank Group’s 2025 Annual Meetings

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, June 4, 2025/APO Group/ —

    On the sidelines of the African Development Bank Annual Meetings (www.AfDB.org), founding partners of the Africa Investment Forum signed a Partnership Framework Agreement, reinforcing their collective commitment to mobilize transformative investments across the African continent.

    The new framework creates a clearer partnership model that sets out the roles and benefits for the founding partners. It also opens the door for expansion to new partners, ensuring everyone benefits while increasing the Forum’s overall impact.

    Launched in 2018, the Africa Investment Forum platform has solidified its standing as  Africa’s premier investment marketplace for global investors and has garnered nearly $225 billion in investment interest to date.

    Principals of the African Development Bank Group, Africa50, Africa Finance Corporation, Development Bank of Southern Africa (DBSA) and Arab Bank for Economic Development in Africa (BADEA) signed the agreement. The other partners are Trade and Development Bank, European Investment Bank, Islamic Development Bank and Afreximbank.

    Speaking at the signing ceremony, President of the African Development Bank Group and chairperson of the Africa Investment Forum, Dr. Akinwumi A. Adesina said:

    “This agreement is a testament to our shared vision: that Africa will not be developed by aid, but by investment. The AIF has changed perceptions and proven that Africa is indeed a bankable destination.”

    Dr Fahad Abdullah Aldossari, Chairman of BADEA’s Board of Directors said: “The signing of the AIF Framework Agreement marks a remarkable milestone to ascertain both effectiveness and efficiency as well as financial sustainability for AIF 2.0 in a bid to advance more projects to bankability and crowd-in transformative investments to the continent.”

    Alain Ebobissé, CEO of Africa 50 said: “This signature marks our renewed commitment to support the objectives of the Africa Investment Forum, launched under the visionary leadership of President Adesina. It is a much-needed deal-making platform that helps strengthen collaborations and leverage innovative models to unlock private capital to accelerate the delivery of bankable projects on the continent. It is critical for African Institutions to support it”.

    “As a Founding Partner, we are proud to see this initiative formally take shape. Through AIF, we’ve proven what Africa can achieve when we collaborate — building the continent’s first investment platform that truly mobilizes capital for bankable, high-impact projects,” said Samaila Zubairu, President and CEO of Africa Finance Corporation.

    “We have to continue leveraging the AIF as a platform for capital mobilisation in Africa, to bridge the infrastructure funding gap in the continent,” said DBSA’s CEO Boitumelo Mosako.

    The signing of the Partnership Framework Agreement takes place ahead of what is expected to be an expanded and impactful Market Days 2025, to be held from 26 to 28 November 2025 in Rabat, Morocco. Market Days, the centerpiece of the Africa Investment Forum platform, brings together investors, deal sponsors and heads of government to advance transformational African projects toward financial close.   

    MIL OSI Africa

  • MIL-OSI United Kingdom: Collision between a train and an agricultural trailer at Nordan Farm user worked level crossing

    Source: United Kingdom – Executive Government & Departments

    News story

    Collision between a train and an agricultural trailer at Nordan Farm user worked level crossing

    Investigation into a collision between a passenger train and an agricultural trailer at Nordan Farm user worked level crossing, near Leominster, Herefordshire, 22 May 2025.

    The train and trailer involved.

    At around 10:37 on 22 May 2025, the 08:30 Transport for Wales passenger service from Manchester to Cardiff struck a loaded agricultural trailer which was being hauled by a tractor across Nordan Farm user worked level crossing, near to Leominster. RAIB’s initial analysis indicates that the train was travelling at around  80 mph (129 km/h) when it struck the trailer. As a result of the collision, the trailer parted from the tractor and became wedged on the front of the train. The train then ran for around 500 metres under braking before it came to a stand.

    The train did not derail as a result of the accident but its leading vehicle, a driving van trailer, and some of the leading passenger coaches suffered damage. Of the 66 passengers and 8 staff on board, 6 passengers were reportedly treated for minor injuries. The tractor driver was uninjured. Damage was also caused to the trailer that was struck by the train and to track, lineside equipment and a second level crossing located beyond Nordan Farm.

    Nordan Farm user worked crossing is fitted with telephones. Users are directed by signs at the crossing to use the telephones to obtain permission from the signaller before opening the crossing gates and crossing the railway. The evidence available to RAIB shows that the driver of the tractor involved in this accident telephoned the signaller before using the crossing. 

    Our investigation will determine the sequence of events that led to the accident and will include consideration of:

    • the actions of those involved and any factors that may have influenced them
    • any previous incidents at Nordan Farm user worked crossing and how these may be relevant to this accident
    • the management of risk at this crossing and Network Rail’s wider strategy for assessing and mitigating risks at user worked crossings
    • any relevant underlying factors.

    Our investigation is independent of any investigation by the railway industry or by the industry’s regulator, the Office of Rail and Road.

    We will publish our findings, including any recommendations to improve safety, at the conclusion of our investigation. This report will be available on our website.

    You can subscribe to automated emails notifying you when we publish our reports.

    Updates to this page

    Published 4 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Sobyanin: Four major sports festivals will be held in Moscow this year

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Sergei Sobyanin signed a resolution on the Moscow Government’s support for four large-scale sporting events that will take place this year.

    “Moscow is a real city of sports. We create all the conditions for fans of an active lifestyle: from playgrounds near home to major city events,” the Mayor of Moscow noted in

    on your telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin 

    “Big Run Fest” (July 2025)

    Thus, in July, the Big Run Fest will take place. The big running festival will turn into a grand city celebration with sports immersive excursions, live music, competitions, quizzes and a food court. Those who wish will be able to run three distances: five, 10 and 15 kilometers along the Garden Ring. It is expected that up to 100 thousand people will take part in the races.

    Extreme Moscow City Games (September 2025)

    The main event of the summer for fans of extreme sports will bring together athletes from more than 15 countries. The program includes moto freestyle on a motorcycle and snowmobile, stunt riding, a stage of the Russian BMX Cup, the Russian Roller Sports Championship, the Workout World Cup and parkour competitions.

    The festival will feature ramps for roller skates, scooters and BMX, a pump track and a flatland zone. Those who wish will be able to listen to performances by DJs and bands, spend time in recreation areas and have a snack in the food court. More than 45 thousand guests are expected.

    “Cyberzarnitsa” (September 2025)

    A large-scale festival, participants of which will be able to test their strength in tactical shooting, UAV control, orienteering and other disciplines. There will also be tournaments and a show match in CS2. About 50 thousand participants are expected.

    Alexey Nemov’s gymnastics show “Legends of Sport” (October 2025)

    The theatrical show by Olympic champion Alexey Nemov will combine sports, artistic, aerial and aesthetic gymnastics, acrobatics and circus arts. The event has been held since 2006.

    This year the show will be held at the Megasport Sports Palace named after A.V. Tarasov. It will gather more than 450 athletes, including Olympic, world and European champions. As in previous years, there will be at least four thousand spectators.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/mayor/tkhemes/1290305/

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: HKSAR Government’s Institutional Green Bonds and Infrastructure Bonds Offering

    Source: Hong Kong Government special administrative region

    HKSAR Government’s Institutional Green Bonds and Infrastructure Bonds Offering The offering attracted participation from a wide spectrum of investors from more than 30 markets across Asia, Europe, Middle East, and the Americas, with total order amounting around HK$237 billion equivalent, representing a subscription ratio of around 3.3 to 12.5 times. In particular, the HKD 30-year bond was offered for the first time by the HKSAR Government, and is the longest tenor HKD bond issued by the HKSAR Government so far. The 20-year and 30-year RMB bonds, which were first introduced last year, also received overwhelming support, doubling in issuance size from last year.

    The Financial Secretary, Mr Paul Chan, said, “The issuance of green bonds by the HKSAR Government aims to attract and channel market capital to support green projects, promoting the sustainable development in Hong Kong. The issuance of infrastructure bonds helps to accelerate the development of projects such as the Northern Metropolis and facilitate the early completion of projects for the good of the economy and people’s livelihood. Global institutional investors responded enthusiastically to the subscription, fully reflecting their confidence in Hong Kong’s sound public finance and long-term development. Among which the inaugural offering of the 30-year HKD government bonds helps to extend the HKD benchmark yield curve, further promoting the development of the local bond market.” 

    CategoryNote: The HKD, RMB, and EUR Bonds were offered in Reg S format, and the USD Bonds in 144A / Reg S format (Note).

    DISCLAIMER:

    NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR DISSEMINATION WOULD BE PROHIBITED BY APPLICABLE LAW.Issued at HKT 21:08

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: Fortinet Unveils New AI-Powered Workspace Security Suite to Protect the Modern Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., June 04, 2025 (GLOBE NEWSWIRE) —

    News Summary

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced enhancements to its data and productivity security portfolio, expanding FortiMail with the launch of the FortiMail Workspace Security suite. These new capabilities establish FortiMail as the broadest and most customizable email security platform and extend protection beyond email to include browser and collaboration security. These advancements, combined with new features in FortiDLP, Fortinet’s next-generation data loss prevention (DLP) and insider risk management solution, deliver a unified, AI-powered approach to safeguarding users and sensitive data across today’s dynamic work environments.

    “In today’s evolving threat landscape, securing user productivity and sensitive data requires a unified strategy that considers both outsider threats and insider risks,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “Cybercriminals are aiming their efforts right at users and increasingly leveraging tools like FraudGPT, BlackmailerV3, and ElevenLabs to automate the creation of malware, deepfake videos, phishing websites, and synthetic voices—making attacks more scalable, convincing, and difficult to detect. With our expanded AI-powered FortiMail Workspace Security suite and FortiDLP solutions, Fortinet empowers organizations to stay ahead of threat actors and insider risks while ensuring users, data, and productivity remain secure.”

    AI-Powered Defense for Communication, Collaboration, and Data Security

    Today’s hybrid workforce relies heavily on SaaS and collaboration tools, increasing both productivity and the attack surface. As users interact with sensitive data across these platforms, organizations must address threats to both users and data in tandem. The 2025 Fortinet Global Threat Landscape Report highlights the rise of AI-enabled cybercrime, with attackers using automation to launch more convincing phishing, impersonation, and account takeover campaigns.

    Fortinet’s enhanced workspace security solutions meet this challenge head-on with AI-powered protection across email, browsers, and collaboration environments, defending against external and internal threats wherever work happens. This spans the full spectrum of user interactions and data movement across the digital workspace:

    Email security, evolved: With the acquisition and integration of Perception Point—recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Email Security1—Fortinet has significantly expanded the capabilities of the FortiMail email security platform, establishing it as the industry’s broadest and most customizable solution. FortiMail can address any email security needs, including inbound, outbound (including relays), and internal mail protection, with flexible deployment options across appliances, virtual machines, hosted services, and SaaS. It offers multiple operating modes—gateway, server, ICES, and hybrid—and features both a highly configurable UI and a streamlined SaaS experience.

    Extending security to collaboration tools: The FortiMail Workspace Security suite expands protection beyond email to web browsers and collaboration tools, enabling organizations to stop sophisticated threats across platforms like Microsoft 365 and Teams, Google Workspace, and Slack. It blocks evasive web-based attacks, hidden malware in shared files, and malicious links sent through chat and collaboration apps. The platform also enhances visibility into user activity across cloud environments, helping security teams detect and prevent account takeovers before they escalate. A built-in, 24×7 managed incident response service supports rapid threat analysis and containment to reduce operational load on SOC teams.

    Smarter defense for critical data: FortiDLP strengthens this offering by adding advanced capabilities like secure data flow with data lineage and sequence detection, providing security and insider risk teams with detailed tracking of sensitive data from its source, capturing how that data is used and manipulated by users, and automatically correlating user activities to detect high-risk behavior that warrants further investigation. Whether monitoring for unauthorized sharing of confidential information through cloud drives or preventing the exposure of sensitive data to unsanctioned SaaS and GenAI platforms, FortiDLP delivers the context and control needed to protect sensitive data, including intellectual property.

    Unified Protection for a Hybrid World

    With these latest enhancements, Fortinet redefines the way organizations protect users and data in the modern workspace. By combining the power of AI with integrated email, browser, collaboration, and data security, Fortinet delivers the visibility, control, and response speed security teams need, turning complexity into clarity and threats into just another task handled.

    Additional Resources

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    1Gartner, Magic Quadrant for Email Security Platforms, By Max Taggett, Nikul Patel, Franz Hinner, Deepak Mishra, 16 December 2024

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

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: Chuck MacAnanny Brings Fast-Growing Business to Rate in Mt. Pleasant, SC

    Source: GlobeNewswire (MIL-OSI)

    MOUNT PLEASANT, S.C., June 04, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced that Chuck MacAnanny has joined the company as a loan officer in Mt. Pleasant, South Carolina. With more than 20 years of mortgage lending experience, MacAnanny is accelerating his growth by aligning with a team of high-performing originators.

    A top 1% loan originator nationally and a consistent Presidents Club and Chairman’s Club honoree, MacAnanny moved to Rate after more than a decade with his previous lender. The decision was fueled by a clear ambition to surround himself with top producers and take his business to the next level.

    “My move to Rate was by desire for growth,” said MacAnanny. “I was at my previous company for 11 years, but knew something was missing and that I needed to make a change to uplevel my progress. I wanted to find a company with multiple top producers to surround myself with and learn from. At Rate, I have found a great new home where I will thrive. I set a goal of doubling my business each year over the next few years, and believe I now have the support I have always desired to accomplish this.”

    With a long track record of excellence, including eight consecutive years as a President’s Club member and two years in the Chairman’s Club, MacAnanny brings proven production and leadership to the Rate team.

    “We are thrilled to welcome Chuck to our team at Rate,” said Jeff Nelson, Chief Production Officer – East. “He brings over 20 years of expertise in mortgage lending. His extensive knowledge and experience will be a tremendous asset, propelling him to great success with us.”

    This appointment underscores Rate’s continued focus on attracting experienced originators ready to grow their business and benefit from a high-performance, tech-enabled platform.

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact

    press@rate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4594612-9a54-4dbd-8af5-e198d1d78308

    The MIL Network

  • MIL-OSI: Progress Software Sets New Standard for Developer Productivity with Groundbreaking AI Coding Assistants in Latest Telerik and Kendo UI Release

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., June 04, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the Q2 2025 release of Progress® Telerik® and Progress® Kendo UI®, the most powerful .NET and JavaScript UI libraries for modern application development. This release introduces a number of groundbreaking AI capabilities that significantly accelerate development workflows, including AI Coding Assistants for Blazor and React, AI-driven theme generation and GenAI-powered reporting insights.

    “We are excited to empower our customers with advanced AI Coding Assistants built right into the tools that they know and love,” said Loren Jarrett, EVP & GM, Digital Experience, Progress Software. “Our new AI Coding Assistants help serious developers reach new levels of productivity working directly with their favorite AI-powered IDEs, enabling automatic code generation with our Telerik and Kendo UI components. Developers can accelerate the creation, styling and deployment of innovative digital experiences with unmatched speed and efficiency. They gain the speed and advantages of AI without compromising their preferred workflows or code quality.”

    Highlights of the Telerik and Kendo UI Q2 2025 release:

    • AI Coding Assistants for Blazor and React: Empowers developers to automatically generate production-ready code in the Progress Telerik UI for Blazor and Progress KendoReact libraries directly inside all popular AI-powered IDEs, minimizing manual edits and significantly shortening development cycles.
    • AI Theme Generation in Progress ThemeBuilder: Developers can leverage natural language prompts to create custom styles for Telerik and Kendo UI components, with real-time previews that streamline design-to-production workflows and uphold consistent branding.
    • GenAI-Powered Reporting Insights: Integrated directly into Progress Telerik Reporting, these intelligent summaries and contextual insights eliminate the need for external tools, enabling faster, more informed decisions.

    Additional AI-driven enhancements include a GenAI-powered Telerik PDF Processing library for instant document insights, AI prompt options in the Editor control and new AI building blocks and page templates to speed up UI development.

    Beyond AI, the Q2 2025 release includes performance-optimized Data Grids for faster, more responsive data handling, enhanced design system tooling and expanded styling capabilities as well as new UI components with adaptive features designed to provide seamless experiences across all screen sizes and devices.

    To explore the full capabilities of the Q2 2025 release, visit the release overview page or register for one of our webinars: Telerik 2025 Q2 Release Webinar–Web, Desktop & Mobile, Mobile & Cross-Platform Products, Kendo UI 2025 Q2 Release Webinar and Telerik Reporting and Fiddler 2025 Q2 Release Webinar.

    About Progress Software 
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress, Telerik, ThemeBuilder and Kendo UI are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.

    Press Contacts:           
    Kim Baker
    Progress Software        
    +1-800-477-6473    
    pr@progress.com

    Videos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/bd7e2478-8177-4518-8122-3d39f59e180e
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a1b92a5b-8285-4073-b245-1fa1ef1d76a1

    The MIL Network

  • MIL-OSI: Copyleaks Named No. 2 on TIME’s List of World’s Top EdTech Rising Stars of 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Copyleaks, a pioneering AI content analysis and governance platform used by enterprises, educational institutions, and individual users across the globe, has been named No. 2 on the second edition of the World’s Top EdTech Rising Stars of 2025. This prestigious award is presented by TIME and Statista, the world-leading statistics portal and industry ranking provider. The ranking recognizes the fastest-growing education technology companies worldwide based on revenue growth and industry impact.

    Chosen from a global pool of more than 7,000 edtech companies, Copyleaks was the only U.S.-based company to break into the top five. The company was recognized for its cutting-edge innovation in AI content detection and its pivotal role in helping educators and institutions uphold trust, transparency, and academic integrity in an increasingly digital world.

    “As AI continues to shape the future of education, maintaining integrity and transparency is paramount,” said Alon Yamin, CEO and co-founder of Copyleaks. “Being recognized by TIME as a Rising Star in EdTech underscores our dedication to delivering trusted solutions that help institutions navigate this new era with confidence and clarity.”

    The World’s Top EdTech Companies 2025 list recognizes companies primarily focused on developing and providing educational technologies, products, or services. Data was gathered from company applications, annual reports, media monitoring, and other public sources to support the research. Additionally, Statista worked with specialized data partners HolonIQ and LexisNexis PatentSight to further strengthen the data quality.

    The ranking is built on the research and analysis of the companies across two dimensions:

    1. Financial Strength: Revenue, funding data, and company disclosures were analyzed.
    2. Industry impact: Analyzed quality and impact of product or service portfolio, and the quality and value of the company’s intellectual property.

    Companies received scores in each of these dimensions, which are then combined into an overall score. The 350 companies with the highest scores, which have demonstrated an extraordinary impact on the industry and strong financial performance, were awarded.

    Copyleaks’ leading platform leverages advanced, multi-layered AI to detect both AI-generated and plagiarized content with up to 99% accuracy. Built for transparency and trust, it delivers verifiable insights into content authorship. As educational institutions face growing challenges around AI misuse, Copyleaks empowers them with the tools to trace content origins and promote academic integrity and authentic student work.

    Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys.

    To learn more about Copyleaks and its solutions, visit www.copyleaks.com.

    About Copyleaks
    Copyleaks is a leading AI text analysis platform empowering businesses and educational institutions to navigate the ever-evolving landscape of genAI confidently. With an award-winning suite of AI-powered tools trusted by millions, Copyleaks ensures AI governance, empowers responsible AI adoption, safeguards IP, protects intellectual property, and maintains academic integrity with comprehensive AI and plagiarism detection.

    For additional information, visit our Website or follow us on LinkedIn.

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  • MIL-OSI: Mezmo Announces Cost Optimization Workflow to Reduce Observability Spend for Datadog Users

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Today, Mezmo unveiled new solutions to optimize observability costs for Datadog users. Mezmo Telemetry Pipeline now includes comprehensive insights and optimization workflows for Datadog users, providing SREs and developers with the flexibility needed to profile and reduce large telemetry data volumes, thereby improving cost efficiency and maximizing value from their data.

    Companies face a massive challenge in optimizing observability data. The sheer volume of telemetry data generated by modern applications makes it difficult for organizations to know and fully utilize what they have. Enterprise observability tools, such as Datadog, cannot automatically determine which logs and traces are most critical, leaving teams with no alternative but to capture and store all their data. Teams are left missing important insights and face massive overages as they struggle with the cost and complexity of managing their telemetry data.

    Mezmo solves this challenge with a new optimization workflow designed to easily understand the data in the stream and make decisions on where to direct the data before it is stored in Datadog. With a clear view of what data is most valuable — and most costly — teams can consolidate common data patterns and make adjustments in storage, easily reducing log volume by as much as 40%. The simple, self-guided workflow ensures faster time to value. Teams can begin reducing data volume and seeing cost optimization in as little as 15 minutes.

    “Datadog generates massive amounts of telemetry data, and companies are forced to store it all because they cannot easily determine what is important. Then, at the end of the billing cycle, they are stunned by the ever-increasing costs,” said Lauren Nagel, VP of Product for Mezmo. “Mezmo helps them cut through the noise to understand their data; work smarter, not harder; and, ultimately, identify opportunities for cost optimization that align with business goals.”

    Cutting noise and costs with Mezmo
    Keeping all telemetry data in a full-stack observability tool, like Datadog, is noisy, challenging to manage, and expensive. Mezmo’s new capabilities make it easier for companies to streamline data management while slashing observability costs. With Mezmo, teams get:

    Dedicated Datadog cost optimization workflow
    Users can employ Mezmo flow, a guided experience for building telemetry pipelines, to profile Datadog logs, metrics, and tags to better understand operational value and estimate billing impact. This solution allows teams to discern what data is valuable, identify repetitive patterns, and apply optimizations to reduce overall data volume, helping to manage costs and avoid overage charges. Streamlining data processing before it reaches Datadog allows companies to manage Datadog costs predictably and ensure that they’re getting the most value from their data without unnecessary spend.

    Responsive pipelines
    Empowering SREs and developers, responsive pipelines enable the dynamic adjustment of telemetry data processing based on triggers such as incidents and deployments, automatically providing high-fidelity data for troubleshooting. At the same time, live tail instantly streams parsed data, allowing teams to quickly spot and resolve issues as they occur, resulting in faster mean time to resolution (MTTR), reduced data costs, and enhanced incident response effectiveness.

    Teams can leverage a 4-hour “rewind buffer” with full-fidelity information immediately from the time the incident occurred. Available in private beta, this capability ensures that teams have the data needed to answer key questions about what happened pre-incident and facilitate a quicker diagnosis of the root cause.

    Advanced trace sampling for optimal data insight
    Users can now choose how they want to sample their trace data — either head-based or tail-based sampling — to reduce noise and accelerate insight discovery. SREs and developers can now be confident that they have the necessary traces for troubleshooting, making them more productive while reducing MTTR. Reducing the mental toil of managing data leads to improved developer experiences, greater opportunities for innovation, and better business outcomes.

    SREs and developers can start their free trial of Mezmo and learn more about how the platform can help dramatically reduce observability costs.

    About Mezmo
    Mezmo is the intelligent telemetry orchestration platform for SREs, developers and DevOps leaders. It empowers organizations to understand, optimize and respond to their observability data with unparalleled efficiency. The AI-powered solution combines data profiling, responsive pipelines and comprehensive management features to deliver enhanced visibility, cost optimization and compliance while reducing operational toil. The company has been recognized as one of the fastest-growing companies in the U.S. by Inc. 5000 and Deloitte Fast 500. Visit www.mezmo.com, and follow us on LinkedIn and X.

    Media contact:
    Jennifer Tanner
    Look Left Marketing
    mezmo@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f4267fb0-7420-41c6-a2a2-790b3b31a163

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  • MIL-OSI: Flywire Named to PCI Security Standards Council 2025-2027 Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    For the second consecutive term, Flywire joins other leading organizations to help shape the future of security standards and protocols

    David King, Flywire’s CTO, and Barbara Cousins, Flywire’s CIO & CISO, leverage their extensive security and payment experience to represent Flywire on the prestigious Board

    BOSTON, June 04, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, today announced that it has been named to the PCI Security Standards Council (PCI SSC) 2025-2027 Board of Advisors. Flywire’s Chief Technology Officer (CTO), David King, and Chief Information Officer / Chief Information Security Officer (CIO / CISO), Barbara Cousins, will represent Flywire on the PCI SSC Board of Advisors and provide their expertise to help shape the future of payment security.

    Flywire’s second consecutive appointment to the PCI SSC Board of Advisors builds on the Company’s longstanding relationship with the PCI SSC. Flywire’s CTO David King has regularly been Flywire’s representative as a Participation Organization on the PCI SSC. Additionally, King was part of the original team in 2003-2004 that helped to draft the initial version of PCI DSS 1.0. King will now bring his technical insights, expertise, perspectives and ideas to help shape the development of forthcoming security standards and programs.

    “We are incredibly proud to join the PCI SSC Board of Advisors and continue the important work designed to create more secure, compliant payment solutions across industries,” said David King, Flywire CTO. “It is a very dynamic landscape for payments security, and we are excited to apply our unique expertise working in highly regulated industries to help solve the most pressing payments challenges of our time.”

    The appointment also validates Flywire’s commitment to maintaining the security and integrity of the payments it delivers across the industries it serves. Flywire prioritizes robust security and compliance, demonstrating this commitment through rigorous internal controls and adherence to the highest industry standards. Flywire is PCI DSS Level 1 certified, the most stringent level for credit card data security, and undergoes annual SOC II Type II audits, attesting to their strong information management processes. Beyond these foundational certifications, Flywire proactively manages global regulatory requirements, maintaining comprehensive Anti-Money Laundering (AML) / Counter-Terrorist Financing (CTF) programs and complying with various data protection laws like GDPR, CCPA, PIPEDA, HIPAA and FERPA.

    Flywire’s security capabilities are a key differentiator for many of the company’s global clients. For Nordic Visitor, one of the largest tour operators in Scandinavia, Flywire’s robust security and compliance features were paramount in its decision to select Flywire to be its international payments provider:

    “Flywire’s solutions are much more modernized and capable of handling new technology. Security was a main driver for choosing Flywire, along with the cost savings,” said Magnús Freyr Erlingsson, Chief Operating Officer at TravelConnect, which oversees operations of Nordic Visitor.

    “At Flywire, being a leader in security and compliance isn’t just about meeting regulatory checkboxes; it’s about building and preserving the fundamental trust our clients and their customers place in us,” says Barbara Cousins, CISO of Flywire. “We have always maintained proactive and superior security protocols to protect sensitive data and ensure seamless, secure transactions. We are thrilled to help apply our knowledge and expertise to help contribute to a more secure and reliable financial future for everyone.”

    “The Board of Advisors provides industry expertise and perspectives that influence and shape the development of PCI security standards and programs,” said PCI SSC Executive Director Gina Gobeyn. “We look forward to working with Flywire in our efforts to help organizations secure payment data globally.”

    About the PCI Security Standards Council

    The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with PCI SSC on LinkedIn. Join the conversation on X (formerly Twitter) @PCISSC. Subscribe to the PCI Perspectives Blog. Listen to the Coffee with the Council podcast.

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,600 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn and Facebook.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations of its security and data privacy policies. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Media Contacts:

    Sarah King
    Flywire
    Media@Flywire.com 

    Investor Contacts:

    Masha Kahn
    IR@Flywire.com 

    The MIL Network

  • MIL-OSI: Incorta Connect Expands to Snowflake, Delivering ERP Data with Unmatched Speed, Accuracy, and Efficiency

    Source: GlobeNewswire (MIL-OSI)

    FOSTER CITY, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Incorta, the most efficient data integration platform, today announced that Incorta Connect now natively supports Snowflake, enabling organizations to deliver live, detailed data from complex ERP systems like Oracle and SAP into the Snowflake Data Cloud with exceptional speed, accuracy, and efficiency.

    Following the recent launch of Incorta Connect and strategic partnerships with Google Cloud and Workday, this new integration further accelerates time to value by eliminating the need for traditional ETL pipelines and enabling real-time, analytics-ready data in just days.

    “Snowflake is a powerful data platform, but too often the complexity of moving ERP data into it slows down transformation efforts,” said Ashwin Warrier, VP and Head of Product at Incorta. “With Incorta Connect, organizations can now deliver real-time, detailed data from Oracle and SAP into Snowflake in days, not months, and do so with accuracy, security, and ease.”

    Incorta Connect’s Snowflake integration reflects Incorta’s broader mission: helping enterprises get more value from their data, faster. By removing the traditional friction of data transformation and pipeline complexity, Incorta is redefining what speed and simplicity look like in modern analytics infrastructure.

    To learn more, visit www.incorta.com/incorta-connect.

    About Incorta

    Incorta is the first and only open data delivery platform that enables real-time analysis of live, detailed data across all systems of record—without the need for complex ETL processes. By enabling direct analysis on raw, source-identical data, Incorta provides faster, more accurate insights while removing barriers to exploration. With intuitive low-code/no-code tools, AI-powered querying through Nexus, and prebuilt business data applications, enterprise teams can quickly surface insights, break down technical roadblocks, and make smarter decisions without heavy engineering effort. Incorta’s unmatched efficiency shortens time to value and lowers total cost of ownership, helping data teams move at the speed of business. For more information, please visit www.incorta.com.

    Media Relations Contact

    Elizabeth Byington

    incorta@sparkpr.com

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  • MIL-OSI: From One-Size-Fits-All to Custom Built Models: Personal AI Charts an Alternative Path – ”No LLM” Required

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) — Personal AI today made a public declaration: “No LLM.”

    While Personal Language Models (PLMs) have quietly emerged as an alternative to general-purpose AI, Personal AI is the first to fully lean in, framing PLMs as the smarter, safer choice for organizations that demand privacy, precision, and control. This movement marks a clear stance on AI optionality: one-size-fits-all models aren’t the only way forward, and in many cases, they’re not the right one.

    At the heart of this movement is a simple belief: AI doesn’t need to be bigger; it needs to be better for you, the individual. PLMs are designed to reflect your data, your rules, and your expertise, helping workers and workforces reclaim control in an AI landscape dominated by common systems.

    “PLMs put people back at the center of AI,” said Suman Kanuganti, CEO of Personal AI. “We’ve been conditioned to believe that scale equals intelligence. But the future of AI is personal. It’s secure, efficient, and uniquely yours.”

    From General Purpose to Personal Power

    While LLMs operate on massive public datasets, PLMs are built on a different architecture that’s privacy-first, memory-based, and programmable to specific needs.

    “PLMs distinguish themselves through a memory-based transformer architecture that combines scalability, efficiency, and high performance,” said Kanuganti, “Built on two foundational pillars, a memory and mixture-of-experts framework and an advanced transformer-based design, this hybrid approach enables Personal AI to handle tasks requiring deep contextual understanding with exceptional accuracy and predictability. It’s an architectural leap, much like the shift from CPUs to GPUs for specialized workloads.”

    PLMs offer a new path for AI adoption that’s grounded in:

    • Privacy by Design: Your data stays in your control—never scraped or shared. This is particularly important as 72% of Americans believe there should be more government regulation on what can be done with personal data.
    • Programmability: Models are tailored to your context, not trained on the internet’s average.
    • Precision at Scale: PLMs deliver efficient, accurate responses without the infrastructure bloat of LLMs.
    • Contextual Intelligence: PLMs go deep in specific domains, not wide on general trivia.
    • AI That Works With You: Every PLM reflects its user—offering decisions, insights, and actions that align with how you work.

    Kanuganti and his team envision a future where every worker partners with a trusted network of PLMs, embedded across every function, from operations to strategy.

    Drawing Inspiration From the Campaign That Changed Software Forever

    Personal AI’s “No LLM” movement draws inspiration from Salesforce’s iconic 1999 “No Software” campaign, a bold declaration that helped redefine a market. Just as Salesforce challenged the prevailing belief that software had to be packaged and installed, Personal AI is challenging the assumption that bigger models mean better results.

    Rolling out at major tech events in 2025, the “No LLM” movement is designed to provoke a critical question: why settle for generic intelligence when you can build your own, specific intelligence?

    Jean-Yves Couput, Senior Executive Advisor on Corporate Strategies and Communications at Salomon, a French sporting goods company, said “LLMs like ChatGPT opened the door, but they are generalists and often too vague or off-mark for our needs. With PLMs, we are in control. We train the model on our content, our tone, our strategy. It speaks Salomon. That level of personalization is not just convenient — it is transformative. From inventory management to employee onboarding to executive communications, we are seeing 50-75% gains in speed, accuracy, and consistency. And frankly, it is the only way we can meet our compliance standards while scaling AI securely across the company.”

    “LLMs aren’t going away, but they alone don’t serve all customer needs,” added Kanuganti. “Our message is about expanding what’s possible. About giving people tools that serve their interests, not just the industry’s.”

    About Personal AI

    Personal AI is the largest supplier of AI workers, serving Enterprise and SMB markets with proprietary Personal Language Models (PLMs). Each PLM (or “Persona”) has a specific function or role, with deep knowledge in its area, and is designed for both human collaboration and autonomous workflows. The Company was founded in 2020 by Suman Kanuganti, Sharon Zhang, and Kristie Kaiser. For more information, visit https://personal.ai

    Media Contact:
    Susanna Kalnes
    Sparkpr
    susanna.kalnes@sparkpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b3748a8-8f20-47da-94c9-2e7b0a6f40e8

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  • MIL-OSI: S44 Energy Launches TopazEV to Democratize Access to EV Charging Software

    Source: GlobeNewswire (MIL-OSI)

    MAHWAH, N.J., June 04, 2025 (GLOBE NEWSWIRE) — S44 Energy, the EV charging software company, today announced TopazEV — the industry’s first Open-as-a-Service (OaaS) charge station management software (CSMS). TopazEV gives charge point operators (CPOs), fleets, retailers and utility companies the flexibility to launch, operate and scale EV charging networks without vendor lock-in, per-session fees or protocol limitations.

    With federal subsidies in flux and mounting pressure to build reliable, scalable infrastructure, TopazEV arrives at a critical moment. Despite more than 250,000 public fast chargers in the U.S., EV adoption still lags behind China and Europe. A main driver is that nearly half of Americans fear being stranded due to charger availability — a concern validated by data showing that one in five charging attempts fail, often due to software issues.

    “Whether you’re standing up a pilot site or running a nationwide network, TopazEV delivers the control of open architecture with the simplicity of a managed platform,” said Olga Haygood, CEO of S44 Energy. “You get the flexibility to scale and the freedom to integrate at a price that grows with you, not against you.”

    TopazEV is a modern CSMS that was built for today’s CPOs, fleets and utilities. It gives operators complete control of their networks, with a real-time dashboard for charger status, network statistics and session tracking. TopazEV supports open protocols like OCPP 1.6, OCPP 2.0.1, OCPI 2.2.1 and ISO 15118, making it easy to onboard legacy hardware while providing standard features like Plug & Charge and roaming and preparing for next-gen features like hardware monitoring and V2G integration. It’s ready to integrate seamlessly with billing systems, CRMs and analytics tools of your choice via REST APIs, GraphQL and Webhooks.

    What Sets TopazEV Apart

    • Protocol-ready for any stage — Full support for both legacy and modern charging standards, enabling true network interoperability and future-proofing.
    • Built for operators, not just engineers — A clean, intuitive UI designed for daily operations, including live status, fault alerts, charging statistics and asset provisioning.
    • API-first and integration-friendly — Integrations with 3rd party tools made simple. Implement on your own or with our help: either way, the IP is yours, so operators can build the tech stack that fits their needs.

    TopazEV is available in two models

    • Open-as-a-Service (OaaS): Subscription-based, hosted by S44 Energy, or on the platform of your choice for a setup fee. Ideal for fast pilots and growing networks.
    • Business Source License (BSL): A one-time license that gives enterprises full ownership of the codebase for independent implementation.

    Both models offer full control, transparency and the ability to scale without compromise.

    To learn more about TopazEV, visit topazev.com.

    About S44 Energy
    S44 Energy is a software company dedicated to advancing e-mobility through scalable, open EV charging solutions for charge point operators, fleets and infrastructure providers. For more than a decade, S44 Energy has created EV charging software that powers automotive OEMs and top EV network operators. With a commitment to open standards, innovation and sustainability, S44 Energy empowers the transition to electric mobility through its open-source projects and flagship product, TopazEV.

    To learn more, visit topazev.com and follow the company on LinkedIn.

    Media Contact
    Liesse Jayalath
    Look Left Marketing
    s44@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b5575ee-be70-46fd-ad99-c4d815bcfdfb

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