Category: Technology

  • MIL-OSI Canada: Joanne Levy to the annual conference of the Western Association of Broadcasters

    Source: Government of Canada News

    Banff, Alberta

    May 29, 2025

    Joanne Levy, Commissioner for Manitoba and Saskatchewan
    Canadian Radio-television and Telecommunications Commission (CRTC)

    Check against delivery

    Thank you for that kind introduction. Before I begin, I would like to acknowledge that we are gathered on the traditional territory of the Treaty 7 First Nations, including the Stoney and Siksika First Nations. I thank them and pay respect to their Elders.

    It is a pleasure to be here with you all today to bring you the annual CRTC update. My colleague, Nirmala Naidoo, Commissioner for Alberta and the Northwest Territories has delivered this address for the past few years. She is away doing some of the work I will be speaking about. So, while I may be a different face and voice, I hope you will find what I have to say just as informative and timely.

    But before I get to our ongoing activities – and trust me, there is plenty – I wanted to begin today by recognizing the instability in the world today. There is a great deal of it, and we know that the broadcasting industry is not immune to the currents of change that are transforming the world around us.

    At the CRTC, as you have likely heard Commissioner Naidoo say before, we are in the process of modernizing Canada’s broadcasting framework.

    Our job is two-fold: we want to do what we can to address the current challenges facing your industry, while also creating frameworks that will sustain a successful broadcasting system years into the future.

    Hearing from you, via our formal proceedings or chatting with you at events like this, are how we learn more and understand what it will take to reach our goals together. So, across our ongoing work, I want to assure you that we are taking into account the lived experiences of everyone connected to Canadian broadcasting.

    And with that, I would now like to turn to some of that work.

    Online Streaming Act and modernizing Canada’s broadcasting industry

    When this conference took place last year, we had just made a landmark decision in our implementation of the modernized Broadcasting Act. We decided that certain online streaming services would have to pay a base contribution of 5% of their applicable revenues, generating roughly $200 million in new funding each year for Canada’s broadcasting system.

    As we stated last summer, this decision is just the beginning. Online streaming services are a part of the broadcasting ecosystem operating in Canada. They have a role to play in supporting Canadian and Indigenous content and creators just as other broadcasters do. We have just finished a major public hearing on the definition of Canadian content for TV and online streaming services, and more public hearings are planned to further define the role of all players in the broadcasting system in the next few months.

    The full scope of our broadcasting modernization plan is broad. We want to create a diverse, competitive, and resilient broadcasting system that can adapt effectively to change and reflects Canadian and Indigenous stories.

    And that means ensuring we modernize the system for all Canadians – including official language minority communities, Indigenous peoples, and members of equity-deserving groups. We want these groups to see themselves in the content our system creates, and similarly we want their creators to have access to tell their stories.

    To meet that goal we have launched 15 consultations to determine the best way forward.

    There are a few radio and audio-specific processes that are ongoing that I would like to mention today but, before I do, I want talk about how our modernization process will support local news – something all the more important given our current climate.

    As you may know, we held a consultaton last fall as part of our review of the Independent Local News Fund, or ILNF. Local news production is an area of immediate need in our broadcasting system, so we want to make sure the fund is effective in supporting independent television stations across Canada as they produce news. We also need to address how the additional funds generated by the contributions decision I mentioned before should be allocated, including who should be eligible to receive that funding. We expect to release a decision on this review in the coming weeks.

    In addition to this decision, we are also currently looking at how to help support local news produced by commercial radio stations.

    Late last year we held a consultation about a potential fund to support local news production by commercial radio stations. The Canadian Association of Broadcasters submitted a plan that would support local stations outside of Canada’s six largest markets. I know many of you submitted interventions sharing your thoughts on the plan, and we are fully considering every one before we issue a decision.

    Additionally, I know several of the stations in attendance today are receiving funding separately through the Canadian Journalism Collective as a result of the Online News Act. For our part, we are putting in place measures to ensure online platforms and news organizations are bargaining in good faith.

    Modernizing audio policy

    Now to turn more directly to the audio side: we have two ongoing processes that are critically important to the future of radio and audio broadcasting in Canada.

    The first consultation focuses on processes that radio stations should follow. Earlier this year we held a consultation to review our processes and reduce the regulatory burden on radio stations operating in Canada. By streamlining our requirements, our goal is to help radio stations remain dynamic and competitive while still ensuring their programming serves the public interest.

    I know many of you intervened and participated in this proceeding, and we thank you for your submissions. We appreciate the level of engagement and are working to arrive at a decision as quickly as possible. 

    Secondly, there is a review of the definition of Canadian content for audio services. In line with our efforts on the audio-visual side, we need to modernize our approach to radio and audio regulatory policy. So earlier this year, we sought comments from a wide range of groups, communities, and industry members to help us update the definition of Canadian content for audio services.

    This included French-speaking and other official language-minority communities. If we are going to ensure our broadcasting system supports and produces Canadian stories, we need to ensure the definition captures the full breadth of our country.

    The final definition will be used to support the creation, distribution, and discoverability of Canadian and Indigenous audio content across radio and online audio streaming platforms.

    Ultimately, we want to ensure our system gives Canadians access to the audio and music content they want, and we intend to update the definition of Canadian content for audio to help ensure that content can be easily discovered and enjoyed.

    The reply period on this consultation closes next week, and we are looking forward to a public hearing in September.

    Conclusion

    There are other ongoing proceedings – such as our consultation on public interest participation – which I will have to leave for another time.

    There are still further proceedings to come and, as with those on audio policy, we hope you will participate and have your voices heard.

    In fact, I would like to emphasize what a tremendous opportunity this is – the last time we made changes this expansive to our broadcasting regulatory frameworks was in 1993. We appreciate the high level of engagement we have seen across our proceedings so far. And for those joining us for hearings later this year – we look forward to having those conversations.

    The regulatory policy decisions we make are based entirely on the public record. When you make your voice heard and participate in our processes – by filing an intervention or presenting during a public hearing, for example – you are playing a vital role in shaping public policy.

    And it’s by working together that we ensure our policies reflect the full scope of views and perspectives.

    That’s how we build a modernized broadcasting framework that is resilient, reflective of the country, and sustainable for years to come.

    MIL OSI Canada News

  • MIL-OSI Canada: Good-paying jobs, new technology coming to B.C.

    Source: Government of Canada regional news

    Building on the success of a three-year pilot, through Budget 2025, B.C. is investing $30 million over three years in the Integrated Marketplace program to help more technology companies scale up and bring more good-paying jobs to people in British Columbia.

    “B.C. is home to a vibrant, accelerating technology sector, and Web Summit Vancouver is the perfect place to demonstrate what we have to offer investors, companies and talent looking for new opportunities,” said Diana Gibson, Minister of Jobs, Economic Development and Innovation. “We want the world to know B.C. is open for business. The Integrated Marketplace program has shown great results and potential for much more. By working with our partners across levels of government, industry and academia, we are continuing to strengthen and diversify our economy, and creating valuable career opportunities for people in B.C.”

    Created to help local companies grow and showcase their technology in the province, the Integrated Marketplace program supports the adoption of B.C. solutions by companies located at strategic partner testbed locations, such as the Vancouver International Airport (YVR) or the Prince Rupert Port Authority.

    “British Columbia’s tech sector drives innovation and job creation across the province and across Canada,” said Gregor Robertson, federal Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada. “PacifiCan is a proud founding partner of Integrated Marketplace, which serves as a powerful launchpad for local companies, accelerating their growth and expanding their reach, helping to build one strong Canadian economy.”

    Testbeds can be physical or conceptual locations where the Integrated Marketplace runs projects that use commercially ready products in real-world settings to confirm benefits and efficacy.

    “The Integrated Marketplace program helped accelerate our path to commercialization and global markets,” said Jessica Yip, COO and co-founder, A&K Robotics. “We are being approached by some of the world’s largest airport operators who want to implement our AI-enabled solution across their sites in Europe and Asia. I cannot wait to show the world the great innovations coming out of Vancouver.”

    To date, four testbeds have been announced: YVR, the Prince Rupert Port Authority, the Vancouver Fraser Port Authority and the provincial health testbed hosted by Provincial Laboratory Medicine Services.

    “The Integrated Marketplace has been a catalyst for MarineLabs’ growth, proving what’s possible when you invest in homegrown innovation to improve marine safety and climate resilience in B.C. and beyond”, said Scott Beatty, CEO, MarineLabs. “With Innovate BC’s support, we’ve accelerated product development, grown our team and expanded into new markets. It’s a model that’s helping B.C. tech lead on a world stage.”

    Delivered by B.C.’s Crown agency, Innovate BC, the Integrated Marketplace allows B.C. companies to receive assistance and reduce the risks in adopting new technologies, boosting their productivity and competitiveness. At the same time, participating companies establish valuable Canadian references who support the companies’ ability to expand their business and grow into new markets.

    “This additional $30-million investment from the Province is a strong vote of confidence in B.C.’s innovation ecosystem and the real-world impact of the Integrated Marketplace,” said Peter Cowan, president and CEO, Innovate BC. “It confirms what we’ve seen first-hand, that when we give local companies a platform to prove their solutions, we not only create home-grown success stories, we drive job creation, export B.C.-made solutions and help industries become more competitive, sustainable and resilient. This funding will allow us to continue expanding that impact across the province, addressing pressing challenges in productivity, emissions reduction and health and safety, while fuelling long-term economic prosperity.”

    This announcement builds on the Government of B.C.’s initial investment of $11.5 million, and the Government of Canada’s investment, through PacifiCan, of $9.9 million in the Integrated Marketplace.

    Quick Facts:

    • In May 2025, PacifiCan announced an additional $1.8 million investment in the Integrated Marketplace through its Regional Artificial Intelligence Initiative.
    • To date, 17 solution providers have participated in the Integrated Marketplace program.

    Learn More:

    To learn more about the Integrated Marketplace, visit: https://www.innovatebc.ca/programs/integrated-marketplace

    For more about Innovate BC, visit: https://www.innovatebc.ca/

    To learn more about A&K Robotics, visit: https://www.aandkrobotics.com/

    To learn more about MarineLabs Data Systems, visit: https://marinelabs.io/

    To learn more about PacifiCan, visit: https://www.canada.ca/en/pacific-economic-development.html

    To learn more about Web Summit Vancouver, visit: https://vancouver.websummit.com/

    MIL OSI Canada News

  • MIL-OSI: Cloud Mining Trends 2025: VNBTC Empowers Investors to Build Sustainable Passive Crypto Income

    Source: GlobeNewswire (MIL-OSI)

    London, United Kingdom, May 30, 2025 (GLOBE NEWSWIRE) — In 2025, as digital assets continue to reshape the landscape of global finance, more investors are seeking stable and automated ways to generate passive income. Among the most accessible solutions is cloud mining—a low-maintenance strategy that eliminates the need for expensive hardware or technical expertise. VNBTC, a fast-growing player in the crypto mining sector, is empowering users worldwide to earn daily passive income through its transparent, automated mining platform. With flexible investment plans and a focus on user-friendly experiences, VNBTC is positioning itself as a go-to solution for both beginners and experienced crypto investors looking to grow their wealth reliably in the evolving digital economy.

    Why invest in VNBTC instead of conventional mining?

    Traditional mining requires costly equipment, frequent upgrades, and high electricity expenses, which make it difficult for many to profit.

    VNBTC changes the game.

    Through automated cloud mining, there’s no need for setup, maintenance, or technical skills. VNBTC only needs users to invest, as it handles the mining process remotely while sending daily earnings directly to the user’s wallet. It offers a simpler, faster, and more accessible way to earn passive income from crypto mining without the usual hassles.

    VNBTC Enhances Cloud Mining with AI-Driven Optimization, Multi-Crypto Support, and Trusted Industry Recognition

    VNBTC is setting a new standard in cloud mining by harnessing cutting-edge AI technology to boost mining efficiency and maximize user returns. Forget the hassle of managing hardware, electricity costs, or complex technical setups; VNBTC makes crypto mining straightforward and accessible. Supporting a wide range of cryptocurrencies, the platform also welcomes new users with a $79 bonus right after registration. Backed by verified security certifications and trusted by major industry players, VNBTC offers reliable 24/7 customer support to ensure every user feels confident and supported.  With a very low entry point of $79 and a vibrant community of over 230,000 global users, many enjoy daily rewards exceeding $5,000. 

    Consistent Daily Earnings, Secure Investment, and Extra Ways to Profit with VNBTC

    VNBTC offers flexible, fixed-income mining plans with guaranteed daily payouts and zero volatility. Every plan includes full principal return at maturity, making it perfect for users seeking stable and passive income.

    Available Mining Packages Supporting BTC, ETH, DOGE, and USDT:

    • Doge Starter Plan – 7 days: $79 price, 1.20% daily profit, 6.64% total profit
    • Avalanche Miner Pack – 20 days: $2,000 price, 1.40% daily profit, $560 total profit
    • Ethereum Max Yield Plan – 35 days: $10,000 price, 1.55% daily profit, $5,425 total profit

    Profits are paid automatically every 24 hours, and users can withdraw anytime.

    Additional Ways to Earn with VNBTC:

    • Referral Program: Earn 3% commissions on direct referrals and 1.8% on their referrals.
    • Welcome Bonus: Receive a $79 bonus immediately after registration.
    • Content Creator Rewards: Get paid for blogs, podcasts, videos, and social media promotions, earn from $2 up to $20 per activity.
    • Loyalty & Engagement Bonuses: Daily bonuses for active users on platforms like Twitter, Facebook, YouTube, and more.

    Begin Your Cloud Mining Journey with VNBTC: 4 Easy Steps to Start Earning

    1. Sign Up & Claim $79 Bonus: Register on https://vnbtc.com and earn an instant $79 mining credit.
    2. Pick a Mining Plan: Choose from fixed-return contracts in BTC, ETH, DOGE, and more.
    3. Start Earning Daily: Activate your plan and earn up to $5,000 per day.
    4. Withdraw or Reinvest: Profits are paid daily. Cash out anytime or reinvest for more returns.

    VNBTC: Leading the Future of Cloud Mining in 2025

    Backed by verified security certifications, 24/7 customer support, and an AI-driven mining engine, VNBTC is redefining what users expect from cloud mining. 

    “As we move into the future of digital mining,” a VNBTC spokesperson stated, “we’re not just building a platform, we’re creating a name that fits: powerful, secure, and profitable.”

    With a strong track record, real user success stories, and ongoing platform advancements, VNBTC is poised to dominate the crypto mining space in 2025 and beyond. Choosing VNBTC means joining a dynamic, trustworthy ecosystem designed for sustainable growth and steady passive income.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network

  • MIL-OSI Security: Lawrence County Man Sentenced to 300 years in Prison for Crimes Against Children

    Source: Office of United States Attorneys

    HUNTSVILLE, Ala. – A Lawrence County man has been sentenced for committing multiple child sexual exploitation crimes, announced U.S. Attorney Prim F. Escalona.

    U.S. District Court Judge Liles C. Burke sentenced David Edward Collier, II, 47, of Moulton, Alabama, to a total of 3,600 months in prison. In January, Collier pleaded guilty to 13 charges of crimes against children, including four counts of sexual exploitation of children, eight counts of transportation of child pornography, and one count of possession of child pornography.

    According to court documents, Collier produced, distributed, transported, and possessed child pornography. Collier corresponded with individuals online regarding his desires to expose and sexually exploit children. From January 2017 to August 2022, he used unknowing and unsuspecting children to produce child pornography. And between October 2022 and September 2023, Collier distributed the child pornography to multiple individuals using online social media platforms.

    “My office and our federal, state, and local law enforcement partners are committed to protecting children from the devastating and lifelong impacts caused by defendants like David Collier,” said U.S. Attorney Escalona. “Rest assured that if you commit crimes against children in the Northern District of Alabama, we will prosecute you and send you to federal prison.”

    “This tremendous sentencing demonstrates the steadfast commitment of the FBI and our partners to investigate cases involving violent crimes against children, to include child pornography, and we work closely with our partners at the U.S. Attorney’s Office to hold them accountable,” said David R. Fitzgibbons, Special Agent in Charge, Birmingham Division.  “Let this be a warning to sexual predators that we will stop at nothing to protect every child from horrendous perpetrators like David Collier.  We have now ensured one less predator is victimizing the most innocent and vulnerable members of our community.”

    FBI North Alabama Violent Crime Task Force and Cybercrime Squad investigated the case along with the assistance of the Lawrence County Sheriff’s Office, Moulton Police Department, Alabama Bureau of Pardons & Paroles, Madison County Sheriff’s Office, Huntsville Police Department, and Limestone County Sheriff’s Office. Assistant United States Attorneys R. Leann White and John M. Hundscheid prosecuted the case.

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

    MIL Security OSI

  • MIL-OSI Russia: China celebrates outstanding scientists with museum event on National Scientists’ Day

    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, May 30 (Xinhua) — China celebrated National Scientists’ Day on May 30, with exhibits related to the achievements of outstanding scientists on display at a museum.

    The National Museum of Chinese Scholars in Beijing has displayed 10 significant items, including a group photo of scientists who participated in the development of the atomic bomb, ballistic missile and satellite, and a prestigious award given to engineering expert Qian Qihu.

    The event included speeches by the scientists themselves, their family members and students.

    Also present was Wan Gang, Chairman of the All-China Society for Science and Technology, who called on scientific and technical workers to contribute to the country’s development.

    He called on them to develop innovative elements of traditional Chinese culture and accelerate the achievement of a high level of national scientific and technological self-sufficiency.

    The event coincided with the first anniversary of the opening of the National Museum of Chinese Scholars. Over the past year, the cultural venue has welcomed more than 170,000 visitors and hosted 14 thematic exhibitions dedicated to the achievements and spirit of scientists. –0–

    MIL OSI Russia News

  • MIL-OSI: GDS Announces Closing of Public Offering of ADSs and Full Exercise of Option to Purchase Additional ADSs

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, May 30, 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 the closing of its previously announced underwritten registered public offering of 5,980,000 American Depositary Shares (“ADSs”), each representing eight Class A ordinary shares, par value US$0.00005 per share (the “Primary ADSs Offering”), at a public offering price of US$24.50 per ADS (the “Primary ADSs Offering Price”), and reflecting the exercise in full by the underwriters of their option to purchase 780,000 additional ADSs.

    GDS received net proceeds from the Primary ADSs Offering of approximately $141.6 million, after deducting estimated underwriting discounts and commissions and estimated offering expenses. The Company received all of the net proceeds from the Primary ADSs Offering and plans to use such net proceeds for general corporate purposes, working capital needs and the refinancing of its existing indebtedness, including potential future negotiated repurchases, or redemption upon exercise of the investor put right, of its convertible bonds due 2029.

    The Company also announced today by separate press release the closing of an offering of 2.25% convertible senior notes in an aggregate principal amount of US$550 million due 2032 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), which amount reflects the exercise in full by the initial purchasers of their option to purchase an additional US$50 million in aggregate principal amount of the Notes (collectively, the “Notes Offering”).

    The Company also announced today by separate press release the closing of a separate registered public offering (the “Delta Placement of Borrowed ADSs”) of 6,000,000 ADSs (the “Borrowed ADSs”), at a public offering price of US$24.50 (which is the same public offering price as the Primary ADSs Offering Price), that the Company lent to an affiliate (the “ADS Borrower”) of an initial purchaser in the Notes Offering in order to facilitate the privately negotiated derivative transactions entered into by some holders of the Notes for purposes of hedging their investment in the Notes. The Company also entered into an ADS lending agreement (the “ADS Lending Agreement”) with an affiliate of the initial purchaser of the Notes Offering (such affiliate being the “ADS Borrower”), pursuant to which the Company lent the Borrowed ADSs to the ADS Borrower. The ADS Borrower or its affiliate received all of the proceeds from the sale of the Borrowed ADSs and the Company did not receive any of those proceeds, but the ADS Borrower paid the Company a nominal lending fee for the use of those ADSs pursuant to the ADS Lending Agreement. The activity described above could affect the market price of the Company’s ADSs otherwise prevailing at that time.

    Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, including the Primary ADSs, the Notes or the Borrowed ADSs, nor shall there be any offer or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The Primary ADSs Offering and the Delta Placement of Borrowed ADSs were made only by means of separate prospectus supplements and accompanying prospectuses pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”).

    J.P. Morgan, BofA Securities, Morgan Stanley and UBS Investment Bank acted as joint book-running managers, and China Galaxy and Guotai Junan International acted as financial advisors, for the Primary ADSs Offering.

    The Company filed an automatic shelf registration statement on Form F-3 with the SEC. A preliminary prospectus supplement and the accompanying prospectus describing the terms of the Primary ADSs Offering were filed with the SEC. The prospectus supplement for the Primary ADSs Offering was filed with the SEC. The Primary ADSs Offering was made only by means of the prospectus supplement and accompanying prospectus. You may obtain these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus may be obtained from: (i) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204 or by email at prospectus-eq_fi@jpmchase.com; (ii) BofA Securities, Inc., One Bryant Park, New York, NY, 10036, Attention: Prospectus Department, telephone: +1 (800) 294-1322, email: dg.prospectus_requests@bofa.com; (iii) Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or (iv) UBS Investment Bank, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone: (888) 827-7275 or email: ol-prospectusrequest@ubs.com.

    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.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “guidance,” “intend,” “is/are likely to,” “may,” “ongoing,” “plan,” “potential,” “target,” “will,” and similar statements. Among other things, statements that are not historical facts, including statements about GDS Holdings’ beliefs and expectations regarding the Primary ADSs Offering, the Notes Offering and the Delta Placement of Borrowed ADSs, the growth of its businesses and its revenue for the full fiscal year, the business outlook and quotations from management in this announcement, as well as GDS Holdings’ strategic and operational plans, are or contain forward-looking statements. GDS Holdings may also make written or oral forward-looking statements in its periodic reports to the SEC on Forms 20-F and 6-K, in its current, interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause GDS Holdings’ actual results or financial performance to differ materially from those contained in any forward-looking statement, including but not limited to the following: GDS Holdings’ goals and strategies; GDS Holdings’ future business development, financial condition and results of operations; the expected growth of the market for high-performance data centers, data center solutions and related services in China and regions in which GDS’ major equity investees operate, such as South East Asia; GDS Holdings’ expectations regarding demand for and market acceptance of its high-performance data centers, data center solutions and related services; GDS Holdings’ expectations regarding building, strengthening and maintaining its relationships with new and existing customers; the results of operations, growth prospects, financial condition, regulatory environment, competitive landscape and other uncertainties associated with the business and operations of our significant equity investee DayOne; the continued adoption of cloud computing and cloud service providers in China and other major markets that may impact the results of our equity investees, such as South East Asia; risks and uncertainties associated with increased investments in GDS Holdings’ business and new data center initiatives; risks and uncertainties associated with strategic acquisitions and investments; GDS Holdings’ ability to maintain or grow its revenue or business; fluctuations in GDS Holdings’ operating results; changes in laws, regulations and regulatory environment that affect GDS Holdings’ business operations and those of its major equity investees; competition in GDS Holdings’ industry in China and in markets that affect the business of our major equity investees, such as South East Asia; security breaches; power outages; and fluctuations in general economic and business conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in GDS Holdings’ filings with the SEC, including its annual report on Form 20-F, and with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that GDS Holdings believes to be reasonable as of such date, and GDS Holdings does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    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: GDS Announces Closing of Offering of American Depositary Shares in connection with the Delta Placement of Borrowed ADSs

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, May 30, 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 the closing of a previously announced registered public offering of 6,000,000 American Depositary Shares (“ADSs”), each representing eight Class A ordinary shares, par value US$0.00005 per share (the “Delta Placement of Borrowed ADSs”), at a public offering price of US$24.50 per ADS (the “Delta Public Offering Price”), which the Company lent (such loaned ADSs, the “Borrowed ADSs”) to an affiliate of the underwriter in the ADS offering (such affiliate, the “ADS Borrower”) pursuant to an ADS lending agreement with the ADS Borrower (the “ADS Lending Agreement”).

    The ADS Borrower or its affiliate received all of the proceeds from the sale of the Borrowed ADSs. The Company did not receive any proceeds from the Delta Placement of Borrowed ADSs but received from the ADS Borrower a nominal lending fee, which was applied to fully pay up the Class A ordinary shares underlying the Borrowed ADSs. The Company believes that the Borrowed ADSs will not be considered outstanding for the purpose of computing and reporting its earnings per ADS under the current U.S. Generally Accepted Accounting Principles and, therefore, the Company believes that no dilution will occur as a result of the Borrowed ADSs.

    The Borrowed ADSs were sold concurrently with the pricing of the Notes Offering (as defined below) and the Primary ADSs Offering (as defined below). The Company was informed by the ADS Borrower that it or its affiliates intends to use the short position resulting from the Delta Placement of the Borrowed ADSs to facilitate privately negotiated derivatives transactions related to the Notes. The activity described above could affect the market price of the Company’s ADSs or the Notes otherwise prevailing at that time.

    The Company also announced today by separate press release the closing of an offering of 2.25% convertible senior notes in an aggregate principal amount of US$550 million due 2032 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), which amount reflects the exercise in full by the initial purchasers of their option to purchase an additional US$50 million in aggregate principal amount of the Notes (collectively, the “Notes Offering”).

    The Company also announced today by separate press release the closing of a separate registered public offering (the “Primary ADSs Offering”) of 5,980,000 ADSs (the “Primary ADSs”), at a public offering price of US$24.50 per ADS (which is the same public offering price as the Delta Public Offering Price), and reflecting the exercise in full by the underwriters in the Primary ADSs Offering of their option to purchase 780,000 additional Primary ADSs.

    Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, including the Borrowed ADSs, the Notes or the Primary ADSs, nor shall there be any offer or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The Delta Placement of Borrowed ADSs and the Primary ADSs Offering were made only by means of separate prospectus supplements and accompanying prospectuses pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”).

    The Company filed an automatic shelf registration statement on Form F-3 with the SEC. A preliminary prospectus supplement and the accompanying prospectus describing the terms of the Delta Placement of Borrowed ADSs were filed with the SEC. The prospectus supplement for the Delta Placement of Borrowed ADSs was filed with the SEC. The Delta Placement of Borrowed ADSs was made only by means of the prospectus supplement and accompanying prospectus. You may obtain these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204 or by email at prospectus-eq_fi@jpmchase.com.

    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 Day One Data Centers Limited which develops and operates data centers in International markets.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “guidance,” “intend,” “is/are likely to,” “may,” “ongoing,” “plan,” “potential,” “target,” “will,” and similar statements. Among other things, statements that are not historical facts, including statements about GDS Holdings’ beliefs and expectations regarding the Notes Offering, Delta Placement of Borrowed ADSs and the Primary ADSs Offering, the growth of its businesses and its revenue for the full fiscal year, the business outlook and quotations from management in this announcement, as well as GDS Holdings’ strategic and operational plans, are or contain forward-looking statements. GDS Holdings may also make written or oral forward-looking statements in its periodic reports to the SEC on Forms 20-F and 6-K, in its current, interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause GDS Holdings’ actual results or financial performance to differ materially from those contained in any forward-looking statement, including but not limited to the following: GDS Holdings’ goals and strategies; GDS Holdings’ future business development, financial condition and results of operations; the expected growth of the market for high-performance data centers, data center solutions and related services in China and regions in which GDS’ major equity investees operate, such as South East Asia; GDS Holdings’ expectations regarding demand for and market acceptance of its high-performance data centers, data center solutions and related services; GDS Holdings’ expectations regarding building, strengthening and maintaining its relationships with new and existing customers; the results of operations, growth prospects, financial condition, regulatory environment, competitive landscape and other uncertainties associated with the business and operations of our significant equity investee DayOne; the continued adoption of cloud computing and cloud service providers in China and other major markets that may impact the results of our equity investees, such as South East Asia; risks and uncertainties associated with increased investments in GDS Holdings’ business and new data center initiatives; risks and uncertainties associated with strategic acquisitions and investments; GDS Holdings’ ability to maintain or grow its revenue or business; fluctuations in GDS Holdings’ operating results; changes in laws, regulations and regulatory environment that affect GDS Holdings’ business operations and those of its major equity investees; competition in GDS Holdings’ industry in China and in markets that affect the business of our major equity investees, such as South East Asia; security breaches; power outages; and fluctuations in general economic and business conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in GDS Holdings’ filings with the SEC, including its annual report on Form 20-F, and with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that GDS Holdings believes to be reasonable as of such date, and GDS Holdings does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    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: GDS Announces Closing of Offering of US$550 Million Convertible Senior Notes and Full Exercise of Option to Purchase Additional Notes

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, May 30, 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 the closing of its previously announced offering of 2.25% convertible senior notes in an aggregate principal amount of US$550 million due 2032 (the “Notes”), which amount reflects the exercise in full by the initial purchasers of their option to purchase an additional US$50 million in aggregate principal amount of the Notes (collectively, the “Notes Offering”). The Notes were offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

    GDS received net proceeds from the Notes Offering of approximately $534.9 million, after deducting the initial purchasers’ discounts and estimated issuance expenses. The Company plans to use the net proceeds from the Notes Offering for working capital needs and the refinancing of its existing indebtedness, including potential future negotiated repurchases, or redemption upon exercise of the investor put right, of its convertible bonds due 2029.

    The Notes are senior unsecured obligations of GDS and bear interest at a rate of 2.25% per year, payable semiannually in arrears on June 1 and December 1 of each year, beginning on December 1, 2025. The Notes will mature on June 1, 2032, unless earlier redeemed, repurchased or converted in accordance with their terms prior to such date.

    The initial conversion rate of the Notes is 30.2343 American depositary shares, each representing eight Class A ordinary shares of the Company (the “ADSs”), per US$1,000 principal amount of Notes (which is equivalent to an initial conversion price of approximately US$33.08 per ADS and represents a conversion premium of approximately 35% above the public offering price of the Primary ADSs (as defined below), which was US$24.50 per ADS (the “ADS Public Offering Price”)). The conversion rate of the Notes is subject to adjustment upon the occurrence of certain events.

    Prior to the close of business on the business day immediately preceding December 1, 2031, the Notes will be convertible only upon satisfaction of certain conditions and during certain periods. On or after December 1, 2031 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert their Notes at their option at any time. Upon conversion, the Company will pay or deliver, as the case may be, cash, the ADSs or a combination of cash and ADSs, at the Company’s election. Holders may also elect to receive Class A ordinary shares in lieu of any ADSs deliverable upon conversion, subject to certain procedures and conditions set forth in the terms of the Notes.

    The Company may redeem for cash all but not part of the Notes (i) in the event of certain tax law changes (a “Tax Redemption”) or (ii) if less than 10% of the aggregate principal of amount of notes originally issued (for the avoidance of doubt, including the notes issued upon the exercise of the initial purchasers’ option to purchase additional notes) remains outstanding at such time (a “Cleanup Redemption”). The Notes are not redeemable before June 6, 2029, except in connection with a Tax Redemption or Cleanup Redemption. On or after June 6, 2029 and on or prior to the 40th scheduled trading day immediately prior to the maturity date, the Notes will be redeemable, in whole or in part, for cash at the Company’s option at any time, and from time to time, if (x) the notes are “freely tradable” (as defined in the indenture for the Notes), and all accrued and unpaid additional interest, if any, has been paid in full, as of the date we send such notice and (y) the last reported sale price of the ADSs has been at least 130% of the conversion price then in effect on (i) each of at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period ending on, and including, the trading day immediately prior to the date the Company provides notice of redemption and (ii) the trading day immediately preceding the date the Company sends such notice (such redemption, an “Optional Redemption”). The redemption price in the case of a Tax Redemption, Cleanup Redemption or an Optional Redemption will equal 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the related redemption date.

    Holders of the Notes may require the Company to repurchase for cash all or part of their Notes on June 1, 2029. In addition, holders of the Notes have the option, subject to certain conditions, to require the Company to repurchase any Notes held in the event of a “fundamental change” (as will be defined in the indenture for the Notes). The repurchase price, in each case, will be equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date.

    The Company expects that certain purchasers of the Notes may establish a short position with respect to its ADSs by short selling its ADSs or by entering into short derivative positions with respect to its ADSs (including entering into derivatives with an affiliate of an initial purchaser in the Notes Offering), in each case, in connection with the Notes Offering. Any of the above market activities by purchasers of the Notes could increase (or reduce any decrease in) or decrease (or reduce any increase in) the market price of the Company’s ADSs or the Notes at that time, and the Company cannot predict the magnitude of such market activity or the overall effect it will have on the price of the Notes or its ADSs.

    The Company also announced today by separate press release the closing of a separate registered public offering (the “Delta Placement of Borrowed ADSs”) of 6,000,000 ADSs, at the ADS Public Offering Price, that the Company lent to an affiliate (the “ADS Borrower”) of an initial purchaser in the Notes Offering in order to facilitate the privately negotiated derivative transactions by some holders of the Notes for purposes of hedging their investment in the Notes. The Company entered into an ADS lending agreement (the “ADS Lending Agreement”) with the ADS Borrower, pursuant to which the Company lent 6,000,000 ADSs (the “Borrowed ADSs”) to the ADS Borrower. The ADS Borrower or its affiliate received all of the proceeds from the sale of the Borrowed ADSs and the Company did not receive any of those proceeds, but the ADS Borrower paid the Company a nominal lending fee for the use of those ADSs pursuant to the ADS Lending Agreement. The activity described above could affect the market price of the Company’s ADSs or the Notes otherwise prevailing at that time.

    The Company also announced today by separate press release the closing of a separate registered public offering (the “Primary ADSs Offering”) of 5,980,000 ADSs (the “Primary ADSs”), at the ADS Public Offering Price, and reflecting the exercise in full by the underwriters of their option to purchase 780,000 additional Primary ADSs.

    Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, including the Notes, the Borrowed ADSs or the Primary ADSs, nor shall there be any offer or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The Delta Placement of Borrowed ADSs and the Primary ADSs Offering were made only by means of separate prospectus supplements and accompanying prospectuses pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”).

    The Notes, the ADSs deliverable upon conversion of the Notes, if any, and the Class A ordinary shares represented thereby or deliverable upon conversion of Notes in lieu thereof, have not been and will not be registered under the Securities Act or any state securities laws, and were offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act.
      
    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.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “guidance,” “intend,” “is/are likely to,” “may,” “ongoing,” “plan,” “potential,” “target,” “will,” and similar statements. Among other things, statements that are not historical facts, including statements about GDS Holdings’ beliefs and expectations regarding the Notes Offering, Delta Placement of Borrowed ADSs and the Primary ADSs Offering, the growth of its businesses and its revenue for the full fiscal year, the business outlook and quotations from management in this announcement, as well as GDS Holdings’ strategic and operational plans, are or contain forward-looking statements. GDS Holdings may also make written or oral forward-looking statements in its periodic reports to the SEC on Forms 20-F and 6-K, in its current, interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause GDS Holdings’ actual results or financial performance to differ materially from those contained in any forward-looking statement, including but not limited to the following: GDS Holdings’ goals and strategies; GDS Holdings’ future business development, financial condition and results of operations; the expected growth of the market for high-performance data centers, data center solutions and related services in China and regions in which GDS’ major equity investees operate, such as South East Asia; GDS Holdings’ expectations regarding demand for and market acceptance of its high-performance data centers, data center solutions and related services; GDS Holdings’ expectations regarding building, strengthening and maintaining its relationships with new and existing customers; the results of operations, growth prospects, financial condition, regulatory environment, competitive landscape and other uncertainties associated with the business and operations of our significant equity investee DayOne; the continued adoption of cloud computing and cloud service providers in China and other major markets that may impact the results of our equity investees, such as South East Asia; risks and uncertainties associated with increased investments in GDS Holdings’ business and new data center initiatives; risks and uncertainties associated with strategic acquisitions and investments; GDS Holdings’ ability to maintain or grow its revenue or business; fluctuations in GDS Holdings’ operating results; changes in laws, regulations and regulatory environment that affect GDS Holdings’ business operations and those of its major equity investees; competition in GDS Holdings’ industry in China and in markets that affect the business of our major equity investees, such as South East Asia; security breaches; power outages; and fluctuations in general economic and business conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in GDS Holdings’ filings with the SEC, including its annual report on Form 20-F, and with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that GDS Holdings believes to be reasonable as of such date, and GDS Holdings does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    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 Russia: HSE students took all the prize places at the Russian Cup from the Federation of Sports Programming

    Translation. Region: Russian Federal

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

    The final of the Russian Cup in sports programming in the discipline “Algorithmic programming” took place. From Faculty of Computer Science Seven students and one teacher took part in the competition. The entire podium was occupied by students of the educational program “Applied Mathematics and Computer Science” National Research University Higher School of Economics.

    The competition took place in person in Moscow, where 30 of the strongest participants of the qualifying round from ten regions of Russia were invited: Voronezh Region, Moscow, Moscow Region, Krasnoyarsk Territory, Perm Territory, the Republic of Karelia, the Komi Republic, Rostov and Saratov Regions, as well as St. Petersburg.

    The finalists were given three hours to solve eight problems. The first, second and third places were taken by students of the educational program “Applied Mathematics and Informatics” of the Faculty of Computer Science of the National Research University Higher School of Economics.

    First place – Fedor Romashov, third year.

    Second place – Alexey Vasiliev, second year.

    Third place – Alexey Mikhnenko, third year.

    Full results can be found here by link.

    Alexey Vasiliev

    — I am glad that I managed to take second place. It was very difficult to jump higher because of the strong competitor in first place. The selection was held in the form of an online contest, and only 30 of its best participants were invited to the final. It was not difficult for me to pass thanks to my extensive experience in Olympiad programming.

    To win a prize in the final, it is important to be able to quickly come up with ideas for solving problems, as well as quickly and competently implement them. In the final, five people solved six problems each, so the winners among them were determined by the penalty, that is, by the speed of the solution. There were several strong opponents, whom I often encounter in other contests, so the competition was serious.

    Text: Alexandra Sytnik

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

    MIL OSI Russia News

  • MIL-OSI USA: Video Game Workers Reach Historic Tentative Contract Agreement with Microsoft

    Source: Communications Workers of America

    NATIONWIDE – In a first for the video game industry, over 300 quality assurance workers working at Microsoft subsidiary ZeniMax Media — represented by Communications Workers of America Locals 2100, 2108, and 6215 (ZeniMax Workers United-CWA) — announced that they have reached a tentative contract agreement with the company. ZeniMax Workers United-CWA and Microsoft have been negotiating for a first contract for nearly two years.

    “QA workers from across the country continue to lead the charge for industry-wide change,” said Page Branson, Senior II QA Tester and ZeniMax Workers United-CWA bargaining committee member. “Going toe-to-toe with one of the largest corporations in the world isn’t a small feat. This is a monumental victory for all current video game workers and for those that come after.”

    “Video games have been the revenue titan of the entire entertainment industry for years, and the workers who develop these games are too often exploited for their passion and creativity. Organizing unions, bargaining for a contract, and speaking with one collective voice has allowed workers to take back the autonomy we all deserve,” said Jessee Leese, QA tester at ZeniMax and ZeniMax Workers United-CWA bargaining committee member. “Our first contract is an invitation for video game professionals everywhere to take action. We’re the ones who make these games, and we’ll be the ones to set new standards for fair treatment.”

    “Workers in the video game industry are demonstrating once again that collective power works. This agreement shows what’s possible when workers stand together and refuse to accept the status quo,” said CWA President Claude Cummings Jr. “Whether it’s having a say about the use of AI in the workplace, fighting for significant wage increases and fair crediting policies, or protecting workers from retaliation, our members have raised the bar. We’re proud to support them every step of the way.”

    The new contract sets new standards for the industry and includes substantial across-the-board wage increases as well as new minimum salaries for workers. The agreement also includes protections against arbitrary dismissal, grievance procedures, and a crediting policy that clearly acknowledges the QA workers’ contributions to the video games they help create. It also incorporates a previously announced agreement on how artificial intelligence is introduced and implemented in the workplace.

    “Our members knew what they deserved to make the industry a better place and fought for a tentative agreement that reflects the value they bring to the table,” said CWA Local 2100 President Nick Riddle. “Their victory is a win for us all, to show what can be possible through solidarity and collective bargaining.”

    “This tentative agreement reflects workers’ deep commitment to equity and respect in a field that has long undervalued their contributions and exploited their passions. And they did it by holding the line together,” said CWA Local 2108 President Johnny Brown. “We’re proud to have them in our ranks as leaders for the entire labor movement.”

    “Even amidst a rapidly evolving industry with significant volatility and job insecurity, video game workers never lost sight of what they deserved,” said CWA Local 6215 Vice President Alex Doblado. “We celebrate their commitment to building a better future through collective action. They are a testament to the power of unions.”

    Contract explanation meetings will be held for members over the next few weeks, and a ratification vote is expected to be concluded by June 20.

    “Taking on one of the largest tech companies in the world and winning real gains on improving the workplace is no small feat,” said CWA District 6 Vice President Derrick Osobase. “No matter how complex or powerful the employer may seem, collective action works. These workers have earned this victory and are opening the door for future worker-organizers.”

    “Organizing an entire workplace and fighting for a first contract takes resilience and determination. Their hard work has laid the foundation for what’s next at Microsoft,” said CWA District 2-13 Vice President Mike Davis. “I look forward to the strong contract that we’ll secure with other video game studios in the months to come. This is just the beginning.”

    Over 2,000 Microsoft video game workers have joined CWA under a groundbreaking neutrality agreement that enables them to freely and fairly make a choice about union representation.

    ###

    About CODE-CWA

    The Campaign to Organize Digital Employees (CODE-CWA) is a network of worker-organizers and their staff working every single day to build the voice and power necessary to ensure the future of the tech, game, and digital industries in the United States and Canada. CODE-CWA is a project of the Communications Workers of America, which represents hundreds of thousands of workers throughout tech, media, telecom, and other industries who stand together to fight for justice on the job and in our communities.

    About CWA

    The Communications Workers of America represents working people in telecommunications, customer service, media, airlines, health care, public service and education, manufacturing, tech, and other fields.

    cwa-union.org @cwaunion

    MIL OSI USA News

  • MIL-OSI USA: NSF advanced computing accelerates preeclampsia research and potential treatments

    Source: US Government research organizations

    Supported by NSF, UC San Diego researchers use supercomputers to identify biomarkers that offer insights into preeclampsia diagnostics and potential treatments

    Each year, preeclampsia—a life-threatening pregnancy complication—affects nearly 1 in 25 expectant mothers in the United States. Emerging suddenly after 20 weeks of pregnancy, it can lead to dangerously high blood pressure, premature birth, and long-term health issues for both mother and baby. Despite its severity, the root causes of preeclampsia remain poorly understood, and treatment options are limited.

    Currently, the only effective treatment for preeclampsia is early delivery of the placenta, which often leads to premature birth and associated health risks for the baby. While researchers know the placenta plays a central role in the disease, the exact causes of its dysfunction remain unclear. This lack of understanding makes preeclampsia difficult to predict, prevent, or treat effectively.

    Researchers at UC San Diego are tackling these challenges with help from NSF-supported computational resources. The team leveraged advanced computing systems like the San Diego Supercomputer Center’s Expanse to conduct large-scale RNA sequencing analysis to compare placental tissue from healthy and preeclamptic pregnancies—processing terabytes of next-generation sequencing data to identify genes that behave differently in the disease.

    Expanse also enabled the team to develop a model system of preeclampsia using induced pluripotent stem cells (iPSCs), which allows scientists to recreate the disease in the lab and observe how stress conditions like low oxygen affect placental development. By replicating these abnormal conditions, the team identified biological pathways—like inflammation and disrupted blood vessel growth—that play a critical role in the onset of preeclampsia.

    These breakthroughs are transforming how scientists think about the disease. By studying over 1,700 placentas (more than 300 from preeclampsia patients), researchers discovered that preeclampsia isn’t a single disorder, but a collection of subtypes with different underlying causes — some tied to maternal blood flow, others to fetal vessel development, or immune system dysfunction. The iPSC models are now being used to further dissect these subtypes, paving the way for personalized detection markers and targeted treatments. The research team is also preparing for future high-throughput drug screening to test therapies for each subtype using their lab-grown placental models.

    The broader impacts are profound: Early detection of preeclampsia could prevent complications, save lives, reduce costly preterm births, and improve health outcomes for mothers and babies alike. This research also creates a powerful new platform for studying other placenta-related pregnancy disorders.

    The research was enabled by supercomputer allocations from NSF Extreme Science and Engineering Discovery Environment project, which gave way to the NSF Advanced Cyberinfrastructure Coordination Ecosystem: Services & Support program, a national cyberinfrastructure coordinating and support system that connects the research community to advanced computing and data resources supported by the NSF Advanced Computing Systems and Services program.

    MIL OSI USA News

  • MIL-OSI USA: AG Labrador Secures Judgment Against Coast to Coast Carports, Inc.

    Source: US State of Idaho

    Home Newsroom AG Labrador Secures Judgment Against Coast to Coast Carports, Inc.

    BOISE — Attorney General Raúl Labrador announced a judgment entered in March 2025 against Coast to Coast Carports, Inc., following allegations of deceptive business practices involving custom-made garages  and carports.
    The Attorney General’s Consumer Protection Division filed suit in December 2024, alleging that Coast to Coast accepted consumer payments for custom-made garages and carports, failed to deliver the products, and in some cases provided faulty structures without offering refunds or repairs. The judgment prohibits Coast to Coast from engaging in any construction-related business within the State of Idaho and requires the company to pay civil penalties and restitution to affected consumers. The civil penalties and restitution for Coast-to-Coast are, respectively, $22,500 and $26,745.37.
    “This case sends a clear message to out-of-state contractors who operate dishonestly in Idaho,” said Attorney General Labrador. “We will take legal action to protect Idaho consumers and ensure accountability in the construction marketplace.”
    Attorney General Labrador urges consumers seeking a contractor’s services, please utilize these tips to avoid fraudulent business practices: 

    Read the Contractor’s business profile on the Better Business Bureau’s Website, paying particular attention to any unresolved complaints, its rating, and the business’s responses provided to the Better Business Bureau. 
    Check with the Attorney General’s Office or the Department of Occupational and Professional Licenses (DOPL) at Welcome to Division of Occupational and Professional Licenses for any information regarding the Contractor and its business practices within the State of Idaho. 
    Review Idaho Code § 48-525 to understand what information a contractor is required to disclose. 
    Verify the contractor has liability and worker’s compensation insurance to avoid liability for work-related injuries and the contractor’s recklessness or negligence.
    If possible, obtain a surety bond, title insurance, and a lien waiver to cover potential losses, loss of title, and to prevent lienholders placing liens on the project for nonpayment. 

    Consumers who experience similar construction practices may file consumer complaints with the Consumer Protection Division. A complaint form is available here.

    MIL OSI USA News

  • MIL-OSI: LiquidLink Announces Availability for Meetings During XRP Las Vegas 2025 and Provides Strategic Update on the Xrpfy Platform

    Source: GlobeNewswire (MIL-OSI)

    Vancouver, BC, May 30, 2025 (GLOBE NEWSWIRE) — LiquidLink AI Corp., a Web3 analytics and infrastructure company, today announced its availability for meetings during XRP Las Vegas, taking place on May 30–31, 2025. The company invites developers, partners, and investors to connect during the event to explore collaboration opportunities around its flagship product suite, Xrpfy.


    Introducing Xrpfy: A Self-Custody-First Discovery and Analytics Platform for XRPL

    Xrpfy is a next-generation discovery and analytics platform purpose-built for the XRP Ledger (XRPL). Designed to empower users through self-custody tools, Xrpfy operates fully client-side—except for its discovery engine—and does not take custody of assets or facilitate trades.

    Key features of the Xrpfy platform include:

    • Discovery Engine: Search for Real World Assets (RWAs), stablecoins, and a wide range of Web3 tokens issued on XRPL.
    • DEX Intelligence: Discover potentially cost-efficient trading routes and arbitrage opportunities across the XRPL decentralized exchange (DEX) and automated market makers (AMMs). Xrpfy uses available market data to estimate trading paths to the best of its analytical ability, but does not guarantee the lowest possible cost or execution.
    • Pure Self-Custody Tools: Navigate XRPL directly—LiquidLink does not custody funds or mediate transactions. All tools are provided for independent, user-controlled activity.
    • RWA-Focused Launchpad: A self-custody launch and asset management interface, designed for issuers and dealers of tokenized RWAs. The platform offers optional integrations for KYC workflows and jurisdictional compliance. LiquidLink does not issue, sell, or broker tokens—it solely provides the underlying software, leaving full control and regulatory responsibility with qualified users operating in their own jurisdictions.

    Tiered Launch Roadmap

    LiquidLink plans to launch the first version of Xrpfy by the end of Q2 2025, featuring a core set of discovery, analytics, and self-custody capabilities. Additional modules and features will roll out in a tiered manner throughout the year, with product development informed by community feedback and partner collaboration.


    Charting a Multi-Chain Future

    While LiquidLink remains focused on unlocking the full potential of XRPL, it is also preparing for a multi-chain future. Planned support includes tooling for key Bitcoin Layer 2 ecosystems:

    • Lightning Network
    • Liquid Network
    • RGB Protocol
    • Taproot Assets

    In addition, the company is evaluating integration with Axelar and other cross-chain technologies to enable broader interoperability for RWAs, stablecoins, and Web3 applications.


    About LiquidLink AI Corp.

    LiquidLink AI Corp. (formerly Milo Media Technologies Inc.) is a Vancouver-based Web3 infrastructure and analytics firm developing next-generation platforms for decentralized finance and digital asset ecosystems. A wholly owned subsidiary of Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988), a publicly traded investment issuer, LiquidLink builds self-custody-first tools powered by AI and advanced analytics for the Web3 and payments space.


    Media Contact:
    Press & Communications
    LiquidLink AI Corp.
    info@liquidlink.ai
    www.liquidlink.ai

    The MIL Network

  • MIL-OSI: PROACTIS SA – Press Release 30.05.2025 (AFR report publication)

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Postponement of publication of results and Annual Financial Report for the year ending January 31, 2025

    Paris, France – (30 May 2025) – PROACTIS SA (ISIN code: FR0004052561) announces the postponement of the publication, originally scheduled for May 30, 2025, of its results and Annual Financial Report for the year ended January 31, 2025.

    This postponement follows the delay in finalizing the audit by the statutory auditors of PROACTIS HOLDING LIMITED (parent company of PROACTIS SA) and the delay in agreeing certain matters with the auditors of PROACTIS SA, notably with regards to the impairment of goodwill and forming a conclusion on going concern. As such, PROACTIS SA has no choice but to postpone the publication of its results and Annual Financial Report for the year ending January 31, 2025.

    PROACTIS SA and PROACTIS HOLDING LIMITED have already taken the necessary steps to complete the audits as quickly as possible.

    PROACTIS SA will announce the next publication dates in a press release in the near future.

    * * * *

    About Proactis SA (https://www.proactis.com/proactis-sa), a Proactis Company

    Proactis SA connects companies by providing business spend management and collaborative business process automation solutions for both goods and services, through The Business Network. Our solutions integrate with any ERP or procurement system, providing our customers with an easy-to-use solution which drives adoption, compliance and savings.

    Proactis SA has operations in France, Germany, USA and Manila.

    Listed in Compartment C on the Euronext Paris Eurolist.

    ISIN: FR0004052561, Euronext: PROAC, Reuters: HBWO.LN, Bloomberg: HBW.FP

    Contacts
    Tel: +33 (0)1 53 25 55 00
    E-mail: investorContact@proactis.com

    * * * *

    Attachment

    The MIL Network

  • MIL-OSI Global: Neurosymbolic AI is the answer to large language models’ inability to stop hallucinating

    Source: The Conversation – UK – By Artur Garcez, Professor of Computer Science, City St George’s, University of London

    Down with endless data. Alexander Supertramp

    The main problem with big tech’s experiment with artificial intelligence (AI) is not that it could take over humanity. It’s that large language models (LLMs) like Open AI’s ChatGPT, Google’s Gemini and Meta’s Llama continue to get things wrong, and the problem is intractable.

    Known as hallucinations, the most prominent example was perhaps the case of US law professor Jonathan Turley, who was falsely accused of sexual harassment by ChatGPT in 2023.

    OpenAI’s solution seems to have been to basically “disappear” Turley by programming ChatGPT to say it can’t respond to questions about him, which is clearly not a fair or satisfactory solution. Trying to solve hallucinations after the event and case by case is clearly not the way to go.

    The same can be said of LLMs amplifying stereotypes or giving western-centric answers. There’s also a total lack of accountability in the face of this widespread misinformation, since it’s difficult to ascertain how the LLM reached this conclusion in the first place.

    We saw a fierce debate about these problems after the 2023 release of GPT-4, the most recent major paradigm in OpenAI’s LLM development. Arguably the debate has cooled since then, though without justification.

    The EU passed its AI Act in record time in 2024, for instance, in a bid to be world leader in overseeing this field. But the act relies heavily on AI companies to regulate themselves without really addressing the issues in question. It hasn’t stopped tech companies from releasing LLMs worldwide to hundreds of millions of users and collecting their data without proper scrutiny.

    Meanwhile, the latest tests indicate that even the most sophisticated LLMs remain unreliable. Despite this, the leading AI companies still resist taking responsibility for errors.

    Unfortunately LLMs’ tendencies to misinform and reproduce bias can’t be solved with gradual improvements over time. And with the advent of agentic AI, where users will soon be able to assign projects to an LLM such as, say, booking their holiday or optimising the payment of all their bills each month, the potential for trouble is set to multiply.

    The emerging field of neurosymbolic AI could solve these issues, while also reducing the enormous amounts of data required for training LLMs. So what is neurosymbolic AI and how does it work?

    The LLM problem

    LLMs work using a technique called deep learning, where they are given vast amounts of text data and use advanced statistics to infer patterns that determine what the next word or phrase in any given response should be. The models – along with all the patterns it has learned – are stored in arrays of powerful computers in large data centres known as neural networks.

    LLMs can appear to reason using a process called chain-of-thought, where they generate multi-step responses that mimic how humans might logically arrive at a conclusion, based on patterns seen in the training data.

    Undoubtedly, LLMs are a great engineering achievement. They are impressive at summarising text and translating, and may improve the productivity of those diligent and knowledgeable enough to spot their mistakes. Nevertheless they have great potential to mislead because their conclusions are always based on probabilities – not understanding.

    Misinformation in, misinformation out.
    Collagery

    A popular workaround is called “human-in-the-loop”: making sure that humans using AIs still make the final decisions. However, apportioning blame to humans does not solve the problem. They’ll still often be misled by misinformation.

    LLMs now need so much training data to advance that we’re now having to feed them synthetic data, meaning data created by LLMs. This data can copy and amplify existing errors from its own source data, such that new models inherit the weaknesses of old ones. As a result, the cost of programming AIs to be more accurate after their training – known as “post-hoc model alignment” – is skyrocketing.

    It also becomes increasingly difficult for programmers to see what’s going wrong because the number of steps in the model’s thought process become ever larger, making it harder and harder to correct for errors.

    Neurosymbolic AI combines the predictive learning of neural networks with teaching the AI a series of formal rules that humans learn to be able to deliberate more reliably. These include logic rules, like “if a then b”, such as “if it’s raining then everything outside is normally wet”; mathematical rules, like “if a = b and b = c then a = c”; and the agreed upon meanings of things like words, diagrams and symbols. Some of these will be inputted directly into the AI system, while it will deduce others itself by analysing its training data and doing “knowledge extraction”.

    This should create an AI that will never hallucinate and will learn faster and smarter by organising its knowledge into clear, reusable parts. For example if the AI has a rule about things being wet outside when it rains, there’s no need for it to retain every example of the things that might be wet outside – the rule can be applied to any new object, even one it has never seen before.

    During model development, neurosymbolic AI also integrates learning and formal reasoning using a process known as the “neurosymbolic cycle”. This involves a partially trained AI extracting rules from its training data then instilling this consolidated knowledge back into the network before further training with data.

    This is more energy efficient because the AI needn’t store as much data, while the AI is more accountable because it’s easier for a user to control how it reaches particular conclusions and improves over time. It’s also fairer because it can be made to follow pre-existing rules, such as: “For any decision made by the AI, the outcome must not depend on a person’s race or gender”.

    The third wave

    The first wave of AI in the 1980s, known as symbolic AI, was actually based on teaching computers formal rules that they could then apply to new information. Deep learning followed as the second wave in the 2010s, and many see neurosymbolic AI as the third.

    It’s easiest to apply neurosymbolic principles to AI in niche areas, because the rules can be clearly defined. So it’s no surprise that we’ve seen it first emerge in Google’s AlphaFold, which predicts protein structures to help with drug discovery; and AlphaGeometry, which solves complex geometry problems.

    For more broad-based AIs, China’s DeepSeek uses a learning technique called “distillation” which is a step in the same direction. But to make neurosymbolic AI fully feasible for general models, there still needs to be more research to refine their ability to discern general rules and perform knowledge extraction.

    It’s unclear to what extent LLM makers are working on this already. They certainly sound like they’re heading in the direction of trying to teach their models to think more cleverly, but they also seem wedded to the need to scale up with ever larger amounts of data.

    The reality is that if AI is going to keep advancing, we will need systems that adapt to novelty from only a few examples, that check their understanding, that can multitask and reuse knowledge to improve data efficiency and that can reason reliably in sophisticated ways.

    This way, well designed digital technology could potentially even offer an alternative to regulation, because the checks and balances would be built into the architecture and perhaps standardised across the industry. There’s a long way to go, but at least there’s a path ahead.

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

    ref. Neurosymbolic AI is the answer to large language models’ inability to stop hallucinating – https://theconversation.com/neurosymbolic-ai-is-the-answer-to-large-language-models-inability-to-stop-hallucinating-257752

    MIL OSI – Global Reports

  • MIL-OSI: Flexi-View Lending Closes $9.5 Million Commercial Loan for Property Acquisition in Dallas, TX

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 30, 2025 (GLOBE NEWSWIRE) — Flexi-View Lending is proud to announce the successful closing of a $9.5 million commercial loan to support a strategic property acquisition in Dallas, Texas. The loan was secured on an expedited timeline, closing in just 30 days—demonstrating Flexi-View Lending’s commitment to efficient and responsive financing solutions.

    The 34-month term loan was originated by James McDonough, a seasoned commercial lending professional known for structuring competitive financial solutions tailored to complex real estate transactions. With an interest rate of 10.75%, the financing enables the borrower to act swiftly on a high-value investment opportunity in one of the nation’s most dynamic real estate markets.

    “This transaction reflects our ongoing mission to provide flexible, timely, and high-impact lending solutions for commercial real estate investors,” said Tim Murray, spokesperson for Flexi-View Lending. “Dallas remains a vibrant and growing market, and we are proud to play a role in facilitating strategic acquisitions in this area.”

    Flexi-View Lending continues to be a preferred partner for investors and developers seeking speed, certainty, and expertise in commercial financing.

    About Flexi-View Lending
    Flexi-View Lending is a national provider of innovative commercial real estate financing solutions. Specializing in bridge loans, acquisition financing, and value-add opportunities, Flexi-View Lending combines deep market knowledge with fast execution to empower clients to seize critical investment opportunities.

    Media Contact:
    Tim Murray
    Spokesperson, Flexi-View Lending
    Email: media@flexi-viewlending.com
    Phone: (209) 782-8062
    Website: www.flexi-viewlending.com

    The MIL Network

  • MIL-OSI: Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) 1Q 2025 Sees Growth Over the Next Year with 2 IPOs Providing Key Catalysts in 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) — Ascendiant Capital Markets LLC (“Ascendiant”) publishes equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

    Click Here (on Society Pass website) or here (on Ascendiant website) to view the full Ascendiant Capital Markets Equity Research Report.

    Summary Points:

    • 2 IPOs Planned: In October 2023, the company announced plans to spinoff two of its businesses in IPOs in 2024 (originally planned), its digital advertising ecosystem, Thoughtful Media Group Inc., and its online travel platform, NusaTrip Inc. Ascendiant believes that these IPOs will drive significant value to Society Pass’s shareholders and will be key catalysts for the company in 2025.
    • Positive high risks versus high rewards: Overall, concerns outweighed by growth prospects and valuation. Society Pass’s main products still has long commercialization challenges ahead, but Ascendiant believes the ~billion dollars market potential presents high rewards for the risks.
    • Company trading at cash value: The company’s market capitalization is only ~$7 million while it has ~$7 million in cash implying its shares and business are significantly undervalued.
    • Valuation attractive: Ascendiant maintains BUY rating, and raises 12-month price target to $15 from $14, based on a NPV analysis, representing significant upside from the current share price. Ascendiant believes this valuation appropriately balances out the company’s high risks with its high growth prospects and large upside opportunities.

    About Society Pass Inc.
    Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

    Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

    SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

    Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; and NextGen Retail, a Indonesia-based e-commerce platform.

    For more information on Society Pass, please visit:

    Website at https://www.thesocietypass.com or

    LinkedIn at https://www.linkedin.com/company/societypass or

    Facebook at https://www.facebook.com/thesocietypass or

    Twitter at https://twitter.com/society_pass or

    Instagram at https://www.instagram.com/societypass/.

    Cautionary Note Concerning Forward-Looking Statements
    This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Media Contact:
    Raynauld Liang
    Chief Executive Officer
    ray@thesocietypass.com

    The MIL Network

  • MIL-OSI Russia: “Exciting, but incredibly inspiring”

    Translation. Region: Russian Federal

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

    Photo: Dmitry Novikov

    On May 28, the students of the university-wide elective course “GR in modern Russia: theory and practice” The projects were evaluated by three commissions consisting of professors. Department of Theory and Practice of Interaction between Business and Government HSE University. One of the commissions was headed by the head of the department, HSE President Alexander Shokhin.

    This academic year, the Department of Theory and Practice of Business and Government Interaction at the National Research University Higher School of Economics celebrated its 20th anniversary. For over 15 years, its key project has been a university-wide elective course. It is attended not only by HSE students, but also by representatives of other universities, government agencies, commercial organizations, etc.

    The department was one of the first at the university to use a project-based approach to teaching. “Students in our elective write their final theses not as classic coursework or diploma theses, but as projects, including group projects, aimed at solving specific problems. This is due to the fact that the faculty of the department are practicing politicians, officials and entrepreneurs,” notes Alexander Shokhin.

    The head of the department himself annually supervises the preparation of several projects. In the current academic year, one of them was devoted to youth entrepreneurship; a team of four people worked on it: two HSE Master’s students and two elective students who had already received a higher education.

    “Writing the paper under the guidance of Alexander Nikolaevich was exciting, but incredibly inspiring,” says Alena Velikanova, a first-year student in the master’s program.Media management” He was deeply immersed in the topic, guided us, helped to build a clear structure for the research and set the accents. And most importantly, he was sincerely interested not only in the successful defense of the work, but also in its further development. His recommendations went far beyond the scope of the academic assignment and concerned the prospects for the practical application of our developments.”

    Alena completed the elective for the second time, and became its listener for the first time in the third year of the bachelor’s program “Journalism” Then her work, carried out under the supervision of Professor Nikolai Tsekhomsky, was devoted to public-private partnership in infrastructure projects of Petropavlovsk-Kamchatsky. Thanks to the elective, she deeply mastered economic issues, and this helped her in professional self-realization – she began to work in the Youth Council at the Representative Office of Kamchatka Krai.

    “I am an ambitious person, and the elective has become a serious challenge for me for the second year: I prove to myself that I can handle any topic,” admits Alena. “This is a great opportunity to prove myself, to master a new direction in an intensive format under the guidance of real leaders, to adopt their invaluable experience. In the future, I would like to do an internship at the Russian Union of Industrialists and Entrepreneurs, and then work in my specialty – in the field of media management.”

    Another team of students, led by Professor Vladimir Salamatov, developed a project entitled “Development of the Northern Sea Route in the Context of Eastern Transport Infrastructure and Integration into International Transport Corridors.” It included Sergey Kharyushin, a second-year student in the bachelor’s program “State and municipal administration“, Alexey Proskurin, HSE graduate, head of the data analytics department of the Moscow Department of Information Technologies, and Elizaveta Metelyova, head of the operational analytics department of the Analytical Center under the Government of the Russian Federation.

    “The Northern Sea Route is a unique transport artery that connects Europe and Asia. After the introduction of sanctions, it became the most relevant, many problems associated with its use became more acute, and their solution required the combined efforts of various departments and shippers. The Northern Sea Route expands every year, attracts new participants, and last year it set a historical record for cargo turnover,” explains Elizaveta.

    “We have developed a number of recommendations – for example, we proposed creating the Main Directorate of the Northern Sea Route, an independent institution that will coordinate interdepartmental cooperation between Rosmorrechflot, Rosatom, the Ministry of Digital Development, Communications and Mass Media of Russia and other structures on this issue. For online navigation tracking, we proposed creating a digital twin with the involvement of the Agency for Strategic Initiatives. The problem of the shortage of icebreaker and Arctic cargo fleet was also highlighted in the work,” adds Alexey.

    During the defense, the commission highly appreciated the project, and Professor Kirill Androsov recommended that its materials be submitted to the government commission. According to the authors, the expertise of Vladimir Salamatov, who has been working at the Department of Theory and Practice of Interaction between Business and Government at the National Research University Higher School of Economics since 2015, helped to prepare it at a high level and adequately defend it. In different years, he was Deputy Minister of Industry and Trade of the Russian Federation, General Director of the International Trade Center, and created his own analytical center dealing with issues of international trade.

    “I came to this department because it is unique. People who have achieved great results, worked or work in very important positions and, of course, have invaluable experience work here. They all understand that only the state or only business will not be able to solve the issues of our country’s development, that their alliance is needed for this. Both in professorial lectures and in student projects, the topic of interaction between business and government is highlighted every time,” Vladimir Salamatov notes.

    According to his assessment, there is a noticeable differentiation among the elective course participants by educational tracks: not only economists and political scientists come here, but even engineers, graduates of the Higher School of Economics and other universities. By and large, anyone can participate in the selection for the elective course. “I am equally interested in working with first-year students and graduates who perceive the material, including through the prism of their experience,” the professor adds.

    He recommends that elective students “not stand still, constantly study, test themselves, and if you do this constantly, success will not be long in coming.”

    Among the professors of the department who supervised the projects of the students this year was Deputy Minister of Economic Development of the Russian Federation Tatyana Ilyushnikova. The topic of one of the projects was devoted to the mechanisms of partnership interaction between the state and large businesses, the state and small businesses, large and small businesses, and another to the landscape of entrepreneurial awards as platforms for interaction between government bodies and businesses and identifying public opinion leaders in the entrepreneurial environment.

    “GR is the art of building a dialogue between business and the state based on mutual trust and strategic vision. Our elective course at HSE is a unique platform where future economists, managers and analysts learn to understand real decision-making mechanisms by working with relevant cases from practice. In the modern economy, where the regulatory environment is rapidly changing, such competencies are becoming critically important. Come and we will analyze real cases and explore the field of interaction between business and government in our joint project work,” said Tatyana Ilyushnikova.

    “In this elective, you will be able to receive exclusive information from outstanding experts – ministers, deputy ministers, State Duma deputies, famous entrepreneurs, and it will certainly be useful when studying in virtually any educational program. Personally, I learned a lot not only from the professors, but also from my senior comrades with whom I worked on the project,” says HSE student Sergey Kharyushin.

    At the end of this academic year, 45 students of the university-wide elective course “GR in Modern Russia: Theory and Practice” defended 27 projects, including 12 group projects. The range of scores was quite large. The maximum score, which only some managed to get, was 9 out of 10. It gives the right to apply for publication in the electronic journal “Business. Society. Power”, 8-point works can also be considered.

    After the defense, Alexander Shokhin thanked the audience for their involvement in the elective. Each was given a copy of the magazine “Business and Power in Russia”, published for the 20th anniversary of the department, with autographs of its professors.

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

    MIL OSI Russia News

  • MIL-OSI Economics: Now Available: Galaxy S25 Edge, Beyond Slim

    Source: Samsung

    Understanding users’ evolving needs is key to developing technology that truly matters. The new Galaxy S25 Edge combines flagship-level performance with a portable design, serving as a powerful pocket-sized AI companion that pushes the boundaries of what a mobile device can be.
    The Galaxy S25 Edge is more than just a slim smartphone. Every curve, contour, and component reflects a breakthrough in precision engineering, delivering a premium experience befitting the S series’ legacy.
    Extensive experimentation was required to strike this balance, with numerous prototypes developed to test new combinations of components and structures — challenging established standards in mobile hardware design. The result is a smartphone, meticulously engineered for design, performance, and camera excellence.

    Ultra Thin Yet Built to Last
    The Galaxy S25 Edge continues the design language of the S series while achieving the slimmest profile in Galaxy S series history — measuring just 5.8mm thick1 and weighing only 163g.
    To make this possible, the S series experience was reimagined from the ground up. The Galaxy S25 Edge’s internal structure features a new mounting system, allowing components to be placed with precision down to 0.1mm.
    But the new device isn’t just slim — it’s tough as well. Premium materials, including a titanium frame as seen in the Galaxy S25 Ultra, make up the Galaxy S25 Edge’s robust exterior. It’s further reinforced by Corning® Gorilla® Glass Ceramic 2, a new display cover material strengthened with Samsung’s processing techniques.
    It’s a careful balance of design and durability.

    Cool Under Pressure
    The Galaxy S25 Edge may be the slimmest S series device yet, but there’s nothing light about its performance. From everyday responsiveness to intense multitasking, Samsung’s latest smartphone delivers the same power and speed found across the Galaxy S25 series.
    At its heart is the Snapdragon® 8 Elite Mobile Platform for Galaxy2 — a powerful processor customized by Qualcomm Technologies, Inc. to set new standards for on-device AI processing and daily performance. True performance, however, goes beyond the chipset, especially in a device so thin.

    MIL OSI Economics

  • MIL-OSI Economics: Mining companies turn to AI and adoptive cloud to support global energy transition

    Source: Microsoft

    Headline: Mining companies turn to AI and adoptive cloud to support global energy transition

    As global demand for minerals and metals only intensifies, mining companies are turning to AI-powered solutions to enhance exploration accuracy, automate equipment, predict maintenance needs, help increase safety, and optimize energy use. Meeting net-zero targets is expected to require around 700,000 new workers in the critical minerals extraction industry by 2030, an 88% increase from 2022 levels.1 This is one area where AI comes in—82% of leaders say they’re confident that they’ll use digital labor to expand workforce capacity in the next 12 to 18 months.2

    Explore Microsoft for energy and resources

    As the mining industry undergoes its digital and AI transformation, Microsoft remains committed to delivering innovative and secure solutions. From adopting AI and agents to streamlining business processes and unlocking efficiency to moving legacy systems to the cloud—we’re dedicated to working together towards a powerful and sustainable future of mining.

    AI transformation for a more resilient future of mining

    As we are seeing across the energy and resources industry, the mining sector is facing growing pressure to support the global energy transition, with AI emerging as a prominent solution. With demand for critical minerals expected to quadruple by 20403, AI can help mining companies locate and extract resources more efficiently, with studies showing potential reductions of 20% to 30% in the time and cost of mineral discovery.4

    From early stage exploration to downstream processing and logistics, AI has the potential to be embedded throughout the mining value chain. In upstream operations, it can enhance mineral prospectivity mapping, resource estimation, and production planning. Downstream, it can optimize ore blending, recovery, and processing. Even side streams like supply chain logistics are beginning to see gains, as AI-powered efficiencies ripple across operations. And in exploration, AI unlocks insights from vast geoscientific datasets—both legacy and real-time—enabling faster, more accurate decision-making.

    The possibilities for AI use cases in the mining sector are abundant, and there are ways for organizations embarking on their digital transformation journey to get started today—such as with workforce productivity. AI adoption in this context is a powerful step towards the future of work, and Ma’aden, a mining company in Saudi Arabia, is a prime example of that. Ma’aden used Microsoft 365 Copilot, Microsoft Copilot Studio, and Microsoft Azure OpenAI Service to help employees be more productive in daily tasks, like getting quick answers on policies, summarizing content, and drafting presentations, emails, and meeting minutes. Ma’aden saw enhanced productivity, with Copilot users saving up to 2,200 hours monthly.

    In addition to workforce productivity, Microsoft AI solutions are also enabling operational transformation, as seen in Sandvik’s approach to equipment optimization. Sandvik created a cloud-based service solution that uses data and AI to generate insights on the state of their machines to support the optimization of the operation of equipment. Powered by Microsoft Azure Cloud and its analytics and AI services, the solution uses data to produce actionable insights into equipment performance and status—helping to drive transformation across its business.

    Foundations for AI-driven transformation in mining

    Unlocking potential: Bringing the cloud to mining operations

    As the mining industry advances efficiency, safety, and sustainability goals, the adaptive cloud has emerged as a critical piece of this journey. Microsoft’s adaptive cloud approach uses cloud-native and AI technologies across hybrid, multi-cloud, edge, and Internet of Things (IoT) environments. By making operational technology (OT) cloud-enabled, mining organizations can unlock real-time insights, streamline operations, and enhance resilience. This union of cloud and OT supports smarter decision-making and predictive maintenance, and lays the foundation for innovation and scalability.

    Boliden offers a compelling example of how cloud infrastructure can modernize mining operations at scale. The Swedish mining company needed to automate and centralize data collection, increase visibility across processes, and add new ways to analyze information. Boliden monitors the Garpenberg site with a network of 500 cameras that give management teams oversight of the mines, wells, and operations, helping to keep an eye on productivity and safety. The company now uses a combination of Microsoft Azure IoT Edge and Microsoft Azure IoT Hub to connect the cameras with other Boliden systems and the rest of its IoT network, which consists of thousands of sensors above and below ground, along with other devices. By working with a flexible, fully featured cloud infrastructure, the company can now bring more productivity and safety to all their sites.

    Emirates Global Aluminium (EGA) also exemplifies how adaptive cloud infrastructure can overcome the limitations of traditional on-premises environments to support scalable, intelligent operations. EGA deployed a hybrid environment that connected private cloud services through on-premises datacenters. Deploying a hybrid environment helped to optimize latency, support advanced AI and automation solutions, offer sustaining commercial savings by applying intelligence at the edge, and streamline processing for massive amounts of real-time readings from sensors, machinery, and production lines.

    Learn more about energy and resources solutions with Microsoft

    No matter what your organization’s digital transformation may look like, Microsoft is committed to helping to drive progress in the mining industry and working to grow sustainable, secure, AI-powered businesses. Microsoft has always been built on trust and a robust security suite, and is committed to prioritizing security in the design, build, and operation of our products and services. To take a deeper dive into cybersecurity in the age of generative AI and building a foundation for AI-powered transformation in mining, read our latest e-book.


    1 Tracking the Trends 2025 | Deloitte US, Deloitte 2025

    2 2025: The Year the Frontier Firm Is Born, Microsoft, April 2025

    3 The energy transition will need critical minerals and metals. Here’s how to mine responsibly, World Economic Forum, June 2024

    4 Now is the time to invest in sustainable mining technologies. Here’s why, World Economic Forum, September 2024

    MIL OSI Economics

  • MIL-OSI USA: Attorney General James Secures $600,000 from Fitness Company Equinox for its Hard-to-Cancel Memberships

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today announced a settlement with Equinox Group, LLC (Equinox Group), which offers fitness services under Equinox, Equinox+, and SoulCycle, for making it hard for New Yorkers to cancel their membership. The Office of the Attorney General (OAG) found that Equinox Group failed to clearly disclose its subscription terms, provide consumers with the subscription acknowledgment required by New York law, and offer cost-effective and easy-to-use online cancellation mechanisms. As a result of today’s settlement, Equinox Group must pay $600,000 in penalties, change its subscription practices, and offer refunds to subscribers who tried to cancel their membership but could not.

    “New Yorkers should be able to cancel a membership they no longer use or want without breaking a sweat,” said Attorney General James. “The Equinox Group made it challenging for customers to end their membership, costing them time and money. As a result of my office’s settlement, New Yorkers can now cancel their membership with Equinox, SoulCycle, or any of Equinox Group’s brands much faster.”

    New York law requires subscription terms to be clearly disclosed to customers, including the minimum term, the fact that the subscription renews, and the cancellation policy. Businesses must also obtain affirmative consent for automatic renewals, provide a post-purchase acknowledgment, and offer a cost effective, timely, and easy-to-use cancellation mechanism.

    The OAG found that Equinox’s subscription terms were not clear and appeared in fine print disclosures or within a hard-to-understand terms and conditions document. Equinox also did not obtain informed affirmative consent from subscribers and did not provide them with a post-purchase acknowledgment. In addition, Equinox’s cancellation process was complex, difficult, and time-consuming. 

    This settlement requires Equinox Group to pay $600,000 in penalties and provide refunds of up to $250 to New York subscribers who filed complaints with the Equinox Group, Federal Trade Commission, Better Business Bureau, or the Office of the Attorney General of the State of New York. 

    New York subscribers to Equinox gyms, SoulCycle, and Equinox+ online fitness classes are also eligible for up to $100 in restitution. New York Equinox Group customers who first became subscribers or attempted to cancel their subscription between February 9, 2021 and May 19, 2025 must email Equinox Group by July 19, 2025. SoulCycle subscribers should email NewYorkAGclaims@soul-cycle.com . Equinox Gym and Equinox+ subscribers should email NewYorkAGclaims@equinox.com.  Subscriber restitution requests must include their name, and the phone number or email address associated with their account. 

    In addition to paying penalties and restitution, Equinox Group must improve its disclosures, obtain informed affirmative consent from subscribers, and provide customers with an acknowledgment including cancellation information. The settlement also requires Equinox Group to clearly and conspicuously disclose cancellation information in the subscription agreement and on an easily accessible website page for each brand.

    This settlement is the latest in Attorney General James’ efforts to help customers with hard-to-cancel subscriptions. In December 2023, Attorney General James sued SiriusXM for trapping customers into unwanted subscriptions and in November 2024, a court found that SiriusXM violated the law by forcing customers to undergo a long and burdensome process to cancel their subscriptions.

    This matter was handled by Assistant Attorney General Gena Feist and Laura Mumm, and former Assistant Attorney General Hanna Baek, under the supervision of Deputy Bureau Chief Clark Russell and Bureau Chief Kim Berger of the Bureau of Internet and Technology. The Bureau of Internet and Technology is a part of the Division for Economic Justice, which is led by Chief Deputy Attorney General Chris D’Angelo and overseen by First Deputy Attorney General Jennifer Levy. 

    MIL OSI USA News

  • MIL-OSI China: China honors outstanding scientists in museum on Sci-tech Workers’ Day

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

    BEIJING, May 30 — China commemorated its National Sci-tech Workers’ Day on Friday as artifacts related with outstanding scientists were displayed in a museum dedicated to their achievements.

    The China Scientists Museum in Beijing showcased 10 significant items, including a group photo of scientists involved in the development of atomic bomb, ballistic missile and satellite and a prestigious medal awarded to engineering expert Qian Qihu.

    The event featured narratives from the scientists themselves, their family members, and students.

    Wan Gang, president of the China Association for Science and Technology, addressed the event, calling on scientific and technological workers to contribute to national development.

    He urged them to carry forward the innovative elements within China’s fine traditional culture, and work for high-level self-reliance and strength in science and technology.

    The event coincided with the first anniversary of the China Scientists Museum. Over the past year, the museum attracted over 170,000 visitors and curated 14 thematic exhibitions to showcase scientists’ achievements and spirit.

    MIL OSI China News

  • MIL-OSI United Kingdom: Edinburgh marks a year of Low Emission Zone (LEZ) enforcement

    Source: Scotland – City of Edinburgh

    NHS Lothian, and Asthma + Lung UK have praised the benefits of the LEZ, following a year of enforcement.

    Experts at the NHS and a leading charity have highlighted the ongoing impact of the LEZ enforcement on air quality and health. In addition, the new rules have incentivised active travel and greater use of public transport.

    A LEZ was introduced in Edinburgh on 31 May 2022, along with LEZs in Glasgow, Aberdeen, and Dundee, restricting the most polluting vehicles and benefiting everyone’s health. Edinburgh began enforcement alongside Aberdeen on June 1, 2024. Dundee began enforcement on May 30, 2024, and Glasgow on June 1, 2023.

    With Clean Air Day (19 June) just a few weeks away too this one-year anniversary is a timely reminder of the importance of the LEZ here in Edinburgh and beyond.

    In recent years air quality in Edinburgh has improved, with our monitoring data showing reduced pollution levels, and people getting ready for the LEZ may have contributed to this.

    Over the last year, the average amount of Penalty Charge Notices (PCNs) issued for non-compliant vehicles entering the zone has been decreasing steadily.

    Between June 2024 and January 2025 alone the total number decreased by 56%. There is also evidence of lower numbers of second contraventions. The vast majority of vehicles entering the LEZ are compliant, over 95%. Around 3% of vehicles entering the LEZ are exempted classed.

    The Institute of Occupational Medicine (IOM) has also published a study indicating that active travel and public transport use increased within the LEZ during the first six months after LEZ enforcement.

    The first annual report on LEZ operation is expected to be presented to the Transport and Environment Committee later this year, including air quality trends and how the scheme contributes to our carbon reduction targets, as well as operational matters such as the number of PCNs issued, costs of maintaining and operating the scheme, gross and net revenue and other key issues.

    The Council is working with the Scottish Environmental Protection Agency (SEPA) on data collection and analysis of the LEZ and will present a report in the Scottish Parliament that will help inform the national picture of LEZ impact.

    Transport and Environment Convener, Councillor Stephen Jenkinson:

    I’m proud that alongside Aberdeen, Dundee, and Glasgow we took the bold step of implementing and enforcing a LEZ. We’re sending a clear message that our major cities are united in pursuing a better future for all. Fundamentally, the LEZs are about making our cities healthier for everyone. 

    As Scotland’s capital city, we have a duty to lead on the response to the climate and nature emergencies which will define our country for generations to come. Multiple studies show that even low levels of pollution can have an impact on our health. Road traffic is one of the main sources of harmful emissions that are damaging people’s health and contributing to climate change, so we have a real responsibility to tackle this.

    The average decrease in PCNs here in Edinburgh show that people are getting used to the LEZ and modifying their habits accordingly. It’s also encouraging to see studies showing a positive shift towards greater use of active travel and public transport.

    I look forward to seeing the annual report when it is considered by Committee.

    The LEZ is one important tool to help us achieve our ambitious climate goals, including net zero emissions by 2030.

    Flora Ogilvie, Consultant in Public Health, NHS Lothian said:

    It’s great to know that the LEZ enforcement has been in place for a year, helping to improve air quality in the city and protect the health of our most vulnerable residents. Improving air quality and reducing traffic levels are also an important way of encouraging more people to travel by walking, wheeling, cycling and public transport.

    Travelling sustainably can help improve individual physical activity levels and mental wellbeing, as well as supporting better environmental health for the whole population and planet.

    Joseph Carter, Head of Asthma + Lung UK Scotland said:

    We are pleased that Edinburgh along with Dundee and Aberdeen made the bold move a year ago to ban the most polluting cars from their city and it is a step in the right direction to help improve the air that we all breathe.

    With air pollution cutting short thousands of lives a year, we want to see our cities become far healthier places, where people can walk and cycle and not be forced to breathe in dirty air.

    With 1 in 5 people in Scotland developing a lung condition like asthma and chronic obstructive pulmonary disease (COPD) in their lifetime, for them, air pollution can trigger life-threatening asthma attacks and flare-ups.

    Children are more susceptible to air pollution as their lungs are still growing, and they also breathe faster than adults. As they grow, toxic air can stunt the growth of their lungs, making them less resilient into adulthood and placing them at greater risk of lung disease in the future.

    Further Information:

    77% of all PCNs in the last year were served to light passenger vehicles (private cars) and 21% to light goods vehicles (panel vans) with the remaining 2% being divided among the other classes of vehicle. 62.4% of PCNs are paid within 14 days at the discounted rate.

    The penalty charge structure for all of Scotland’s LEZs is set by the Scottish Government.

    We publish regular updates on PCN figures on our website.

    Income from the LEZ will be used in the first instance to pay for the operation and maintenance of the scheme. Any surplus income will be contributed towards Council projects which contribute towards the wider goals of the LEZ, particularly improving air quality and climate change emission reduction.

    All LEZ monitoring and evaluation information will be made available on our webpages.

    Air pollution is associated with between 29,000 and 43,000 deaths a year in the UK.  The World Health Organization and the UK Government both recognise that air pollution is the largest environmental threat to our health.

    Another key development is that the Low Emission Zone Support Fund has now resumed and is open to new applications. This is funded by Transport Scotland and administered by the Energy Saving Trust.

    There are separate funds available for households, businesses and retrofitting vehicles.  All eligibility criteria and application details can be found on the Energy Saving Trust website

    MIL OSI United Kingdom

  • MIL-OSI United Nations: 30 May 2025 Departmental update Experts and officials show strong support for WHO’s Traditional Medicine Strategy

    Source: World Health Organisation

    The WHO Traditional Medicine Strategy 2025–2034 received a powerful endorsement at the Seventy-eighth World Health Assembly (WHA), with China and India hosting two influential side events that galvanized international momentum for integrating traditional, complementary, and integrative medicine (TCIM) into global health systems.

    On 20 May 2025, China’s National Administration of Traditional Chinese Medicine (NATCM), joined by Malaysia, Nepal, Saudi Arabia and Seychelles, convened a high-level event titled “Improving Universal Health Coverage through the Implementation of the WHO Traditional Medicine Strategy 2025–2034”. Over 100 health leaders, ambassadors, WHO officials and experts gathered to explore the Strategy’s potential to enhance health systems worldwide.

    Photo credit: Team Reporters

    Dr Margaret Chan, former WHO Director-General, hailed the Strategy as “a further step to integrate traditional medicine into national health systems in ways that are evidence-based, people-centred, and respectful of cultural heritage.” WHO Regional Director for the Western Pacific, Dr Saia Ma’u Piukala, praised China’s model of embedding TCIM at all levels of care and underscored the significance of the Beijing Declaration, while Dr Bruce Aylward, WHO Assistant Director-General of the Universal Health Coverage, Life Course Division, emphasized that WHO is committed to supporting Member States in their efforts to advance the safe, effective and evidence-based use of traditional, complementary and integrative medicine.

    Photo credit: Team Reporters

    Professor Yu Yanhong, Commissioner of NATCM, highlighted China’s legislative, educational and research efforts to strengthen traditional Chinese medicine, stressing its complementarity with modern medicine. Dr Rudi Eggers, WHO Director of Integrated Health Services, presented the Strategy’s vision and guiding principles, followed by a panel of global experts sharing country-level experiences and technical insights.

    Photo credit: Team Reporters

    Photo credit: Team Reporters

    On 23 May, India’s Permanent Mission in Geneva, in collaboration with 31 Member States of the Group of Friends of Traditional Medicine (GFTM), hosted a second official side event titled “WHO Traditional Medicine Strategy 2025–2034: From Traditional Heritage to Frontier Science – Health for All.” With over 250 delegates in attendance, the event showcased national experiences and reaffirmed global commitment to traditional medicine.

    Photo credit: Permanent Mission of India in Geneva

    India’s Permanent Representative, H.E. Arindam Bagchi, in his welcome address said, “Let’s work together to build strong regulatory frameworks that leverage the immense strengths of traditional medicine while ensuring protection of intellectual property and ensuring quality and safety – advancing Health for All in an equitable, affordable, and sustainable way.”

    Photo credit: Permanent Mission of India in Geneva

    In his opening remarks on behalf of the Member States, H.E. Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, Government of India, shared about India’s leadership in the field of traditional medicine and its integration into national health system. Mauritius’ Health Minister, H.E. Anil Kumar Bachoo, shared how Ayurveda is integrated into his country’s health system.

    Dr Yukiko Nakatani, WHO Assistant Director-General, Access to Medicines and Health Products & Assistant Director-General, Antimicrobial Resistance, urged Member States to build a strong evidence base for traditional medicine. Dr Eggers reiterated the Strategy’s inclusive framework, while Jaswinder Singh of India’s Ministry of Ayush presented the Ayush Grid – an AI-powered digital platform for integrating traditional medicine into health care.

    Country presentations included Bolivia’s emphasis on the cultural and medicinal value of coca leaves, Sri Lanka’s advancements in Ayurveda integration, and Malaysia’s national model for traditional medicine inclusion. Dr Shyama Kuruvilla, Director a.i. of the WHO Global Traditional Medicine Centre, concluded the session by announcing the 2nd Global Traditional Medicine Summit, to be held in New Delhi from 2–4 December 2025.

    Photo credit: Permanent Mission of India in Geneva

    The event concluded with a lively questions and answers session moderated by Dr Pradeep Dua, WHO Technical Officer. During the interaction, participants expressed great enthusiasm and optimism about the future of traditional medicine as a vital component of universal health coverage.

    Together, these events showcased a unified global vision to elevate traditional, complementary and integrative medicine, as a vital, evidence-based component of universal health coverage. The WHO Traditional Medicine Strategy 2025–2034 is poised to transform health systems by bridging traditional knowledge with modern science –ensuring health and well-being of one and all.

    MIL OSI United Nations News

  • MIL-OSI: EXL partners with Databricks to launch Gen-AI powered code migration accelerator

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data and AI company, expanded its partnership with Databricks, the data and AI company, to deploy a GenAI-enabled SAS to Databricks Data Intelligence Platform migration solution. Leveraging EXL’s Code Harbor™ solution, the solution helps enterprises streamline their transition from SAS to Databricks to support enhanced cloud modernization initiatives. EXL has also achieved Select partner status with Databricks to accelerate the development of new AI and GenAI solutions within the Databricks ecosystem.

    EXL’s Code Harbor is a GenAI-enabled solution that facilitates the migration of legacy codebases into the modern open-source languages and cloud environments like Databricks Lakehouse. EXL has refined the solution to automate key aspects of SAS to Databricks migration, significantly reducing manual effort while facilitating high-quality code transformation. EXL Code Harbor is designed for multi-industry usage across insurance, banking and healthcare where SAS has traditionally maintained a strong presence. In addition to SAS, the solution also supports migration and assessment of other languages including BTEQ, HQL, PL/SQL, SQL Server and R, in addition to ETL platforms such as Informatica, Alteryx and DataStage. Clients using EXL Code Harbor benefit from EXL’s deep domain expertise and advanced AI capabilities while retaining the flexibility to integrate with on-premises, cloud and hybrid environments.

    A leading global insurance provider recently partnered with EXL to migrate its extensive SAS codebase to the Databricks Data Intelligence Platform using Code Harbor. The client achieved 50% faster migration with minimal manual intervention, improved compliance through comprehensive metadata documentation and drove integration with their governance frameworks.

    “The biggest challenge enterprises face when migrating from legacy systems is the time, cost and complexity involved in transforming extensive codebases,” said Anand “Andy” Logani, EXL’s chief digital and AI officer. “By providing an intelligent automation solution with embedded AI agents, clients can now accelerate their migration timelines by up to 50% while reducing manual efforts by 70-80%.”

    Unlike traditional migration approaches that rely heavily on manual processes, EXL Code Harbor utilizes an autonomous multi-agent framework to accelerate enterprise-scale code and data transformation. Leveraging Databricks’ Unity Catalog and governance layer, the SAS to Databricks solution accelerator ensures enterprise-grade discoverability, traceability and compliance across every annotation asset. By automating the manual effort involved in assessing, writing and optimizing code, the solution transforms the entire migration process, leading to faster delivery, reduced costs and improved accuracy.

    More information about EXL Code Harbor can be found here.

    About EXL

    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network

  • MIL-OSI: WSI Web Enhancers’ Jukka Jumisko Earns AI Consultant Certification from Leading Digital Marketing Network

    Source: GlobeNewswire (MIL-OSI)

    Albuquerque, New Mexico, May 30, 2025 (GLOBE NEWSWIRE) — Jukka Jumisko, founder of WSI Web Enhancers and a recognized leader in digital marketing in New Mexico, has earned his certification as an AI Consultant through WSI, the world’s largest network of digital marketing consultants. This achievement supports Jumisko’s mission to help local businesses integrate AI into their business with strategy and measurable impact.

    WSI Helping Business Navigate Artificial Intelligence.

    Over the last 18 months, Jumisko has emerged as a passionate educator and advocate for AI’s practical applications in business, speaking at conferences and on podcasts about how AI can empower companies to operate smarter, not harder.

    “AI isn’t here to replace us – it’s here to amplify our strengths. With WSI’s AI Adoption Roadmap, we now have a structured, accessible framework that takes the guesswork out of AI. It makes innovation feel achievable.”

    – Jukka Jumisko

    WSI’s certification equips consultants like Jumisko with a proven framework to help clients implement AI effectively. The methodology emphasizes:

    • Clarity and Simplicity – Clear steps from curiosity to execution.
      Personalized Strategies – Tailored to each business’s goals and values.
      Practical Innovation – Focused on real outcomes, not hype.

    A Local Leader in Marketing with Global Reach

    Originally from Finland, Jumisko rebuilt his life in New Mexico after personal and financial challenges. He launched WSI Web Enhancers in Albuquerque, which soon became the fastest-growing WSI franchise worldwide.

    His journey didn’t stop at success – it extended into service. He has since led hands-on training workshops for small businesses, teaching entrepreneurs how to build their websites and optimize for SEO. One such student, a 60-year-old Reiki healer with only $600 to invest, followed Jumisko’s teachings and quickly rose to rank #1 on Google for her niche in Albuquerque.

    “I believe in building both businesses and communities. Helping a global tech company build a satellite temperature app one month, then empowering a local healer to thrive online the next – that’s the kind of range and purpose I strive for.”

    – Jukka Jumisko

    The Future of AI-Driven Marketing in New Mexico

    With this new certification, Jumisko is expanding WSI Web Enhancers’ services to include AI-powered audits, automation strategy sessions, and custom implementation plans. His global team and local expertise enable him to deliver enterprise-level results while maintaining a human-centered approach.

    “I’ve chosen a life that blends freedom, impact, and innovation. AI doesn’t have to be overwhelming – it just has to be intentional. And I’m here to help companies bridge that gap.” 

    – Jukka Jumisko

    About WSI Web Enhancers
    WSI Web Enhancers is the world’s largest full-service digital marketing agency based in Albuquerque, NM, and part of the global WSI network, which operates in over 80 countries and has a 25+ year history of helping businesses succeed online. WSI specializes in SEO, website development, paid advertising, and AI-driven digital strategies for growth-focused businesses.

    To learn more about our services, visit our website or contact us directly today!.

    Media Contact:
    Jukka Jumisko
    Certified AI Consultant
    WSI Web Enhancers
    Email: jjumisko@wsiwebenhancers.com
    Website: wsiwebenhancers.com

    Jukka Jumisko Earns AI Business Consultant Certification.

    A video associated with this press release is available https://youtube.com/embed/Xc8O6hTfEN0

    The MIL Network

  • MIL-OSI: TSplus Releases Server Monitoring Version 6 – A Major Step Forward in Remote Infrastructure Management

    Source: GlobeNewswire (MIL-OSI)

    PARIS, May 30, 2025 (GLOBE NEWSWIRE) — TSplus is proud to announce the official release of Server Monitoring Version 6, a major upgrade that reinforces its commitment to providing powerful and user-friendly tools for IT professionals managing remote infrastructures.

    Real-time Monitoring for Remote Work Infrastructures

    TSplus Server Monitoring is a real-time server and website monitoring solution designed to help IT teams monitor remote servers and online resources with ease. It enables administrators to collect and analyze both real-time and historical data about servers, websites, applications, and users.

    Key features include:

    • Real-time Server Monitoring (performance, processes, bandwidth, user activity)
    • Website Monitoring (availability and response time)
    • Centralized Dashboard for all servers and websites
    • Alerts Management (customizable alerts with email—and now SMS—notifications)
    • Ready-to-use and customizable reports

    This powerful tool provides the visibility needed to ensure optimal performance, identify issues early, and support business continuity across remote environments.

    What’s New in Version 6 to Monitor Remote Server

    With the release of Version 6, Server Monitoring gains valuable new capabilities to boost reliability and control. The most significant enhancement is agent-side data tracking: when a monitored server temporarily loses connection with the central console, the local agent continues tracking performance metrics and uploads the data once the link is restored—ensuring no monitoring gaps.

    Additional improvements in this version include:

    • SMS alerting via Twilio, for instant, mobile notifications
    • A new “Detailed Performance” report for deep analytics
    • Visual alerts for stopped services and one-click restart from the dashboard
    • Smarter database usage reporting and UI refinements
    • 12 new language translations for better global accessibility including Czech, Spanish, Finnish, Italian, Turkish, and Chinese

    Version 6 is now also available through subscription licenses, in addition to the permanent licensing option, giving users ongoing access to all updates and new features. It is an ideal addition to the TSplus software suite—Remote Access, Advanced Security, and Remote Support—forming a complete solution to secure, access, monitor, and support any remote infrastructure.

    We designed Server Monitoring to give IT administrators the visibility and control they need to maintain performance and stability across their networks,” said Adrien Carbonne, TSplus CTO.Version 6 reflects the feedback and needs of our users, and we encourage customers to continue sharing their experiences to help us keep improving.”

    Learn more: Download and Try TSplus Server Monitoring for free at https://tsplus.net/server-monitoring.

    Press Contact:
    Caleb Zaharris
    Marketing Director at TSplus
    caleb.zaharris@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6221b24e-7001-466d-a4b9-2a0ff52f88cd

    The MIL Network

  • MIL-OSI Russia: From Paper Posters to Metaverses: What Surprises Telling Stories Fest 2025

    Translation. Region: Russian Federal

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

    Career and development became one of the main blocks of the program. Participants discussed how to build media in our time, when the fashion for podcasts is flourishing, how to promote regions with the help of creativity and why to publish paper art publications in the digital era.

    Together with the SKOLKOVO School of Management and experts in the field of art, design and media, we talked about new professions in metaverses – who are builders, scripters and world designers, and how to monetize digital content. We also discussed how to create creative work that wins competitions without losing individuality in the context of the rapid development of AI.

    From experts in gastronomic branding (National Association of Chefs, Channel One (Good Morning), MOSCOW CAKE SHOW, WORLDFOOD, CHEFS TEAM FEST, COFFEE TEA CACAO EXPO, Lapochka, ANO “North in the Heart”, MØS (Michelin), Björn, Taste of Moscow, Twins Science, Food Service Forum, Novikov School, SFU, International Enogastronomic Center, etc.) the guests learned how to turn a local product into a brand.

    Professionals in the field of management and communications (Alena Kremer, Antonina Priezzheva, Natalia Lebedeva, Roman Bedretdinov) explained why emotional intelligence is becoming a key skill in creative industries and how AI is changing advertising and startups.

    In conclusion, there will be a discussion on how an artist can find support outside the system: from grants to private patronage and residencies. Curators and art managers from GES-2, the Winzavod Foundation, the online platform TEO by Cosmoscow and HSE ART GALLERY shared their experiences.

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

    MIL OSI Russia News

  • MIL-OSI Canada: Government of Canada to build new research facility to improve transportation safety

    Source: Government of Canada News (2)

    May 30, 2025 – Gatineau, Quebec

    The Government of Canada is investing in federal science to strengthen the safety of air, rail, marine and pipeline transportation systems that Canadians rely on every day. As part of the Laboratories Canada strategy, the government is developing the new Transportation Safety and Technology Science (TSTS) hub, which will transform how federal scientists and investigators work together by bringing them under one roof.

    Today, the Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement, announced that the Government of Canada has awarded a contract to Bird Construction Group Ltd. for construction management services for the new TSTS hub, to be located at the main campus of the National Research Council of Canada (NRC) on Montréal Road in Ottawa, Ontario. The contract is expected to be valued at up to $410 million. The initial work package, covering advisory services and site preparation, has been issued at a value of $12.3 million.

    This marks a key step in the development of the new facility, which is being delivered through a collaborative approach under the Laboratories Canada strategy. The hub will serve as a shared space for the Transportation Safety Board of Canada and the NRC to conduct in-depth investigations and advance scientific research in transportation safety.

    Engineers and scientists at the facility will work with industry partners to develop cutting-edge safety technologies and reduce risks in the air, marine, rail and pipeline sectors. The facility will combine investigations with the design and testing of next-generation light materials for aerospace, creating new opportunities for collaboration and innovation.

    The contract was awarded following an open and transparent procurement process. The full contract could also include over $40 million in economic benefits for Indigenous businesses and communities through subcontracts, training opportunities and employment. These benefits reflect the Government of Canada’s commitment to economic reconciliation through meaningful Indigenous participation in federal infrastructure projects.

    This facility is a key component of the Laboratories Canada strategy, which is transforming science infrastructure nationwide through safe, sustainable and flexible spaces that meet the evolving needs of Canada’s federal scientific community, today and into the future. Construction preparation is set to begin in fall 2025, with completion anticipated in 2030.

    MIL OSI Canada News

  • MIL-OSI Russia: Andrey Rudskoy elected Vice President of the Russian Academy of Sciences and awarded the Dmitry Chernov Medal

    Translation. Region: Russian Federal

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

    Rector of Peter the Great St. Petersburg Polytechnic University, head of the St. Petersburg branch of the Russian Academy of Sciences, Academician Andrei Rudskoy has been elected Vice President of the Russian Academy of Sciences. The results of the vote were announced today, on the final day of the general meeting of the Academy members.

    During the meeting, the rector of the Polytechnic was solemnly presented with the Dmitry Chernov gold medal. The award is named after the Russian metallurgist and inventor Dmitry Konstantinovich Chernov. Chernov was one of the leading experts in steelmaking of his time. He is the author of a classic course of lectures on steelmaking that has been republished many times. Several generations of Russian artillerymen went through the school under the guidance of this famous metallurgist. D.K. Chernov’s contribution to the theory and practice of metallurgy was highly praised by domestic and foreign scientists.

    It is a great honor for me to receive the D.K. Chernov Gold Medal. This award has been given since 1995 by the Department of Physical Chemistry and Technology of Inorganic Materials of the Russian Academy of Sciences for outstanding work in the field of physical and chemical analysis, chemistry and technology. Of course, for metallurgists, this is the highest level of recognition of the results of research and work. I am confident that the developments in the field of new technologies for thermoplastic processing of materials that were awarded the medal will contribute to ensuring technological leadership and security of our country. I serve Russia and Russian science! – said Andrey Ivanovich.

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

    MIL OSI Russia News