News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

OPPO Find N2 Flip Will Be One of the First Devices to Receive the Android 14 Beta 1 Update

OPPO

SHENZHEN, CHINA - Media OutReach - 11 May 2023 - OPPO today announced its very first clamshell foldable phone – the Find N2 Flip will be one of the first smartphones in the world to receive the new Google Android 14 Beta 1 update. Developers and early-adopters can get their hands on the developer’s version of ColorOS built around the first beta of Android 14, experimenting with new features and APIs on their OPPO flip phone. OPPO Find N2 Flip –One of the First Devices to Receive the Android 14 Beta 1 Update “OPPO Find N2 Flip sets a high bar for new flip smartphones. We have combined industry-leading engineering and innovation with intuitive design principles to create Find N2 Flip.” said Peter Dohyung Lee, head of the flagship product line at OPPO. “Cooperating with Google, OPPO recently brought the Speech-to-Text feature to the cover screen of Find N2 Flip. Further with Android 14, we will continue to take foldable phones to new heights by combining cutting-edge hardware with unparalleled software.” Android 14 includes several updates to enhance productivity, performance, privacy, security, and user customization. It offers more intuitive system user interfaces, such as the new mid-display back arrow and an improved system share sheet. To strengthen users’ privacy, the system allows apps to limit visibility of specified views only to accessibility services. These days, foldable devices provide an opportunity for innovative app development. Developers are also encouraged to use Android APIs, tools, and resources provided by Google to build apps designed for large and small screens. Android 14 Beta 1 update will be available for OPPO Find N2 Flip, which was launched globally in February 2023. OPPO Find N2 Flip comes with one of the largest cover screens of its kind, the most invisible crease with the New Generation Flexion Hinge, the day-long battery life with SUPERVOOC flash charging. Moreover, it also come with the promise of four major ColorOS updates and five years of security updates for its global users. Developers can download the developer’s version of ColorOS built around Android 14 Beta 1 here right now. Later this year, Find N2 Flip global users can look forward to enjoying the public version of ColorOS based on Android 14. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About ColorOS ColorOS is a highly customized, efficient, intelligent, and richly designed Android-based mobile OS from OPPO. With over 500 million global monthly active users, ColorOS supports 67 languages, including English, Hindi, Thai, and Indonesian. Contact Details OPPO Media Contact press@oppo.com

May 10, 2023 04:45 PM Eastern Daylight Time

Image
Article thumbnail News Release

Transforming Plastic Waste Management: The Impact of SMX’s Track and Trace System

Security Matters PLC

Plastic waste has emerged as one of the most pressing environmental issues of the 21st century, posing significant threats to ecosystems and life on Earth. Each year, millions of tons of plastic waste end up in our oceans, landfills, and even in remote parts of the world, causing devastating impacts on wildlife, marine life, and the overall health of our planet. These synthetic materials, designed for durability and longevity, can take hundreds of years to decompose, thereby persisting in the environment for extended periods. Microplastics, tiny fragments resulting from the breakdown of larger plastic items, have infiltrated even the most remote corners of the globe and are increasingly found in the food chain. Moreover, the production and disposal of plastics contribute significantly to greenhouse gas emissions, further exacerbating climate change. Addressing the plastic waste crisis requires innovative solutions that not only enhance recycling efficiency but also promote a circular and sustainable economy. SMX’s Innovative Technologies Stands Ready To Help Improve The Pressing Plastic Waste Issue SMX (NASDAQ: SMX), is an innovative circular economy company, set to revolutionize the plastics industry with its cutting-edge track and trace technology. This organization is dedicated to digitizing physical objects on the blockchain, a strategy aimed at promoting a circular and closed-loop economy. Their patented technology utilizes an indelible chemical-based biomarker to "mark" any object—solid, liquid, or gas. This unique barcode can be deciphered using the company's proprietary 'reader,' which pulls up the corresponding stored data, safeguarded by the immutable nature of blockchain technology. In April 2022, the company made headlines in the recycling world after successfully concluding commercial readiness trials for their pioneering plastic tracking system. At the heart of this innovation is an industrial-grade identification, authentication, and sorting conveyor belt designed specifically for the plastics sector. As they anticipate the commercial deployment of this revolutionary technology, SMX is actively engaged in promising discussions with various strategic partners, promising a new era for plastic recycling. SMX Technology Can Track and Trace Plastic Throughout Its Lifecycle, Helping the Environment & The Plastics Industry SMX’s innovative technology stands to greatly benefit the plastics industry by reducing waste and increasing recycling, ultimately bolstering environmental sustainability while also enhancing the industry's efficiency. Their patented marking technology, which assigns a unique chemical-based biomarker to objects, enables an unprecedented level of tracking and tracing throughout the lifecycle of plastic products. This paves the way for more effective sorting and recycling, since stakeholders can now precisely identify the type of plastic, the manufacturer, the percentage of recycled content, and even the number of times it has been recycled. The revolutionary conveyor belt detector, an integral component of their comprehensive solution, provides reliable data readings at every stage of the supply chain. This allows stakeholders to seamlessly transfer ownership of materials and products, record essential data, and attach critical documents via the intuitive interface. This game-changing innovation provides unparalleled transparency, enabling users to effortlessly track and trace plastic packaging throughout every stage of the value chain, from sorting to mechanical recycling. Such heightened transparency and traceability facilitates the creation of a digital twin of the product, thus illuminating every stage of its value chain. This can drastically improve the sorting capabilities of recycling and waste management facilities, and subsequently increase the percentage of plastic that is effectively recycled. By doing so, SMX’s technology aids in driving a more sustainable future for plastics, promoting a circular and closed-loop economy that mitigates plastic waste and its associated environmental impact. Moreover, this cutting-edge system has the potential to unlock the ability to reclaim and reuse all types of plastic content, bridging the gap for plastic circularity. By offering a solution that can be customized to individual requirements, such as detecting specific "marked" polymers among other waste, SMX is well-positioned to revolutionize plastic waste management and recycling. The versatility of SMX’s technology extends its applications across a broad range of industries from automotive to electronics, fashion and food. The chemical-based marker is applicable to solids, liquids, and gases, while the conveyor belt system can be tailored to specific needs, such as reading various types of packaging, detecting marked polymers among other waste, and modifying the dimensions and speed of the conveyor belt. As global concerns about plastic waste and sustainability persist, SMX’s innovative track and trace technology offers a promising solution to increase recycling efficiency and foster a circular and closed-loop economy in the plastics industry. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated seven hundred and fifty dollars cash by a third party, Vince Caruso and FMW Media Works Corp. for the creation and dissemination of this content. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " Transforming Plastic Waste Management: The Impact of SMX’s Track and Trace System " First Appeared On Spotlight Growth. Contact Details SMX Spotlight Growth info@spotlightgrowth.com

May 10, 2023 01:20 PM Eastern Daylight Time

Article thumbnail News Release

MYANIML EXPANDS PREDICTIVE HEALTH PLATFORM USING MUZZLES TO DETECT DISEASE IN CATTLE

MyAnIML

Using its AI-enabled predictive health platform to improve the security of the beef and dairy supply chain through early disease prediction, MyAnIML™ released today new geolocation technology to identify and find sick cattle 2-3 days in advance of symptoms to protect the health of the herd. MyAnIML’s patent-pending technology employs artificial intelligence and machine learning to predict a broad range of total health indicators using the industry’s first facial - specifically a cow’s muzzle - recognition library dataset, designed and built by MyAnIML. Its newly released Bluetooth-enabled ear tag helps producers quickly find the individual animal in the herd in the most efficient and cost-effective manner. “We know from advances in human biometrics and deep-learning technology that the face can be a reliable predictor of disease. Using the same concept, we can now “fingerprint” an individual cow’s muzzle to monitor its health and predict a variety of issues days in advance,” said Shekhar Gupta, MyAnIML’s founder and CEO, who discovered and commercialized the first-of-its-kind technology solution in animal agriculture. “By addressing symptoms early, we can better ensure the health and well-being of the entire herd for a more reliable and efficient food supply chain.” Together, the hardware and software stack offer the global beef and dairy industries a more precise method of herd health management when profit margins continue to be razor thin and the cost of meat, dairy and other food products remain high. Based on a comprehensive analysis of cattle lost to diseases, cost of medical treatment and low productivity impacts, MyAnIML estimates the U.S. cattle industry loses approximately $200 billion annually. For example, Bovine Respiratory Disease (BRD) costs the U.S. feedlot industry up to $900 million annually in treatment costs, and total industry losses are much higher when productivity losses are factored in, according to the American Society of Animal Science. BRD is just one of many diseases and health metrics MyAnIML identifies days before other health technologies, allowing producers to isolate the animal and start earlier treatment. Predictive Analytics Reduces Antibiotics Use and Creates More Resilient Supply Chains Earlier treatment means cattle producers can use antibiotics more efficiently, reducing costs and inhibiting the development of antibiotic-resistant bacteria, a rising concern amongst health professionals. More than 70% of all medically important antibiotics sold in the U.S. are used in livestock production. The cattle industry takes up the bulk of that demand, using antibiotics to treat sick animals and as a preventative measure. A typical 5000-head feedlot spends $250,000 annually on antibiotics just to preemptively treat calves for BRD, Gupta said. “Antibiotics have been a powerful tool to keep U.S. herds healthy, but by identifying infected animals days earlier in the disease cycle, producers can reduce the risk to the herd by an individual animal. It’s a win-win for producers and consumer health,” Gupta said. AI and Bluetooth Technology Identifies A Sick Cow In Large-Scale Operations MyAnIML ’s Bluetooth ear tag was developed specifically to help large-scale commercial feedlots, stockyards and dairies implement predictive health technology into day-to-day operations. Unlike other ear tag technology in the market, like RFID tags, MyAnIML’s tag helps pen riders quickly find a specific animal using their mobile device, saving hours of labor and more rapidly removing sick animals from the herd. “In a large-scale, or even small-scale system, being able to accurately predict a sick cow is a huge benefit. But finding that animal has been like finding a needle in a haystack,” said Nathan Leiker, a northwestern Kansas cow-calf and feedlot operator using the MyAnIML technology since early 2022. “MyAnIML’s Bluetooth ear tags connect the dots between disease prediction and animal identification. Now I just check my phone and it takes me directly to the cow I want.” How it works: Strategically mounted cameras take multiple images of cows’ muzzles daily, monitoring for changes. Images are analyzed against MyAnIML’s library of health indicators. When a sick animal is detected, an alert with its ID is sent to the rancher. MyAnIML’s geolocation app’s directional arrows and audio signal leads ranchers directly to that animal. Commercially available in the U.S. since 2022 with multiple large installations and pilot projects underway in 2023, MyAnIML has attracted international interest and plans rapid scale-up in the coming years. Ranchers or dairy producers interested in implementing the technology can visit myaniml.com for more information. About MyAnIML MyAnIML, an AI startup for animal agriculture, invented and commercialized the first-of-its-kind platform for early disease prediction in cattle using facial recognition technology focused on a cow’s muzzle. The initial discovery is the product of intense curiosity and a sense of purpose by the founder, a computer scientist, and his wife, a physician. Founded in 2021, MyAnIML’s mission is to help ensure the health and well-being of cattle while ensuring an affordable and safe food supply. Partnering with veterinarians, land grant universities and ranchers, the company’s experience developing and scaling data platforms for other industries is now being applied to animal agriculture. For more information www.myaniml.com. Contact Details AgTech PR for MyAnIML Jennifer Goldston +1 816-260-0040 jennifer@agtechpr.com Company Website https://www.myaniml.com

May 10, 2023 08:00 AM Central Daylight Time

Image
Article thumbnail News Release

Experience Next-Level Privacy with Sekur Private Data Ltd.’s (OTCQX: SWISF) (CSE: SKUR) SekurVPN: The World's First Big Tech-Free, Swiss-Based VPN

Sekur Private Data, Ltd.

In today's digital age, where online privacy is increasingly under threat, a Virtual Private Network (VPN) offers a powerful solution to safeguard your online identity and secure your data from prying eyes. A Virtual Private Network (VPN) is a technology that creates a secure and encrypted connection over the internet, allowing users to browse the web privately and anonymously. It does so by routing the user's data through a remote server, masking the user's IP address and encrypting their online traffic. VPNs are widely used for various purposes, such as protecting sensitive data, bypassing geo-restrictions, and maintaining online privacy. They are particularly useful for individuals and businesses that need to secure their communications and personal information from hackers, cybercriminals, and unauthorized access. As internet privacy concerns continue to grow, VPNs have become an essential tool for safeguarding one's online activities and ensuring a safe and secure browsing experience. Growth Outlook For the Global VPN Market The horizon for virtual private networks (VPN) in the global market is looking exceedingly bright. With a staggering market size of $48.94 billion in 2022, the VPN industry is predicted to reach an awe-inspiring $358.64 billion by 2032, with a remarkable compound annual growth rate (CAGR) of 22.04% between 2023 and 2032. This phenomenal surge is a testament to the escalating need for impregnable and secluded internet connections, alongside the mounting menace of cyberattacks and data breaches. In terms of global revenue estimates, the VPN market is projected to experience substantial growth during this period. The market, which was estimated at $44.6 billion in 2022, is expected to reach a revised size of $137.7 billion by 2030, growing at a CAGR of 15.1% over the analysis period from 2022 to 2030. This growth can be attributed to the increasing adoption of VPNs across various industries and regions, as well as the ongoing advancements in VPN technology and services. Sekur Private Data Launches New, Innovative SekurVPN Product That Swaps Big Tech For Private Swiss IPs, and Includes its Proprietary HeliX Technology With Military-Grade Encryption Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) has introduced SekurVPN, a groundbreaking privacy-oriented VPN solution that operates independently of big tech companies and is hosted in Switzerland. The service is designed for users who prioritize privacy and want to conceal their IP addresses from potential hackers while engaging in online activities such as banking, shopping, emailing, or using messaging apps. SekurVPN's pricing is set at $7 per month per user or $70 per year per user, with various currency options available. SekurVPN stands out by not relying on Big Tech or Hyperscaler hosting, assuring that there are no bundled third-party services and preventing data leaks. It does not monitor user traffic, and registration does not require a phone number. The VPN employs its proprietary infrastructure and exclusively provides Swiss IPs, ensuring user data is not shared with external service providers. SekurVPN securely directs all internet traffic through its private servers in Switzerland, incorporating top-tier encryption standards and its proprietary HeliX technology. Each connection has unique encryption keys, keeping users' passwords, sensitive data, and internet usage encrypted even on untrusted public networks. With a simplified user interface, SekurVPN is easy to set up and deploy. Users simply tap or click to establish a connection. The service is presently available on iOS and Android devices, with MacOS and Windows versions expected to launch soon. Alongside SekurVPN, the company provides a bundled Sekur plan that includes SekurMessenger and SekurMail, incorporating proprietary anti-phishing and privacy features such as SekurSend® and SekurReply®. SekurMessenger's innovative "Chat-By-Invite" functionality allows secure communication with non-SekurMessenger users without requiring them to sign up or install the app. Sekur's data privacy offerings are all hosted in Switzerland, where user privacy is stringently protected under Swiss law. The Swiss Federal Constitution's Article 13 safeguards privacy rights, and the Federal Act on Data Protection (FADP) restricts unauthorized processing of personal information. For more information on Sekur Private Data, Ltd. and SekurVPN, visit https://sekurprivatedata.com and https://sekurvpn.com Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated two thousand dollars cash for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " Experience Next-Level Privacy with Sekur Private Data Ltd.’s (OTCQX: SWISF) (CSE: SKUR) SekurVPN: The World's First Big Tech-Free, Swiss-Based VPN " First Appeared On Spotlight Growth. Contact Details Sekur Private Data, Ltd. Spotlight Growth info@spotlightgrowth.com

May 10, 2023 05:30 AM Pacific Daylight Time

Article thumbnail News Release

Nextech3D.AI secures contract renewal and expansion contract for 3,000 3D models

Nextech3D.AI

Nextech3D.AI CEO Evan Gappelberg joined Steve Darling from Proactive to share news that a major eCommerce brand has agreed to a renewal and expansion 3D modeling deal that will see the company produce another 3,000 models. Gappelberg telling Proactive the client operates in various industries such as retail, shopping malls, entertainment, and real estate and is considered a major player in the Middle East, North Africa, and Central Asia regions. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

May 10, 2023 08:26 AM Eastern Daylight Time

Video
Article thumbnail News Release

Machias Savings Bank Selects Vertical IQ and RMA to Bolster Sales Enablement, Underwriting

Vertical IQ

Machias Savings Bank, named as one of the Best Places to Work in Maine and as one of the Best Banks to Work For in the U.S., has extended its relationship with Vertical IQ, a leading Industry Intelligence solution, and has added Risk Management Association (RMA), the leader in risk management tools and education, as a collaborator. This three-year collaboration will give Machias’s member branches full access to Vertical IQ’s platform for specialized call preparation and industry insights as well as RMA’s eMentor program and credit resources. “We are excited to collaborate with Vertical IQ and RMA to deliver the most optimal industry research and credit analysis to our small business customers,” said Craig Saunders, Business Loan Underwriting Manager for Machias. “Vertical IQ’s easy-to-use and well-organized platform, as well as its actionable sales deliverables that can be shared at each stage throughout the business owner relationship, made it an easy choice to continue access for our users. And the collaboration with the eMentor program will help our team improve its underwriting and provide the necessary resources and best practices to stay top-of-mind with customers. These solutions work better together, so we are eager to get started.” Covering more than 97 percent of the economic revenue in the U.S. and Canada, Vertical IQ’s Industry Intelligence provides users with a variety of call preparation resources and specialized industry knowledge from more than 920 industry profiles to instill confidence when meeting with clients. The expanded agreement with Machias provides Vertical IQ the opportunity to build on its relationships in the community banking space. “Our agreement with Machias Savings Bank helps reinforce our strong, foundational relationships with community banks,” said Courtney Farfour, VP of Customer Success for Vertical IQ. “We believe this is a great fit because of our shared commitment to providing exceptional customer service, which is reflected through the actionable, convenient, focused and relevant industry insights our platform provides for Machias to share with their clients and connect with them on a deeper level.” eMentor aims to maximize confidence and minimize risk in everyday decision-making, from conversations with customers to loan structuring. The collaboration with Machias will give the bank’s credit officers, analysts, administrators and other employees the critical information they need to improve their new loan underwriting, annual reviews, workout agreements and portfolio management. “We look forward to providing Machias Savings Bank with our industry-leading risk management resources, which are updated continually to meet changing business dynamics and emergent challenges,” said Sandeep Kharidhi, RMA’s Chief Product Officer. “We strive to ensure all key team members are on the same page by connecting them to an extensive and reliable body of information wherever they work.” For more information on Machias Savings Bank, visit www.machiassavings.bank. About Vertical IQ Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97 percent of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships. About Risk Management Association (RMA) Founded in 1914, Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 1,600 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 41,000 individuals located throughout North America, Europe, Australia and Asia/Pacific. Contact Details Kelsey Surmacz +1 919-787-4600 ksurmacz@verticaliq.com Company Website https://verticaliq.com/

May 10, 2023 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Single Name CDS: RFM is Next Frontier for E-Trading in Emerging Markets

Tradeweb

Last month, Tradeweb became the first electronic trading platform to deploy the request-for-market (RFM) protocol to facilitate a fully electronic single name CDS trade. The two-way market, for which BNP Paribas acted as liquidity provider, involved an emerging market sovereign CDS product, and was executed on Tradeweb’s institutional credit platform. This trade marks an important step forward in the electronification of our markets in many ways. On the evolutionary scale of electronic fixed income and derivatives trading, U.S. Treasuries and European government bonds were the first asset classes to walk upright in electronic markets. Moving relatively quickly along the continuum from the moment the first trade executed over the internet in 1998, the majority of government bond trades are now executed electronically. In comparison, single name credit default swaps (CDS), which are derivative contracts between two parties tied to the credit risk of a single borrower such as a corporate or sovereign issuer, have moved at a slower pace. While underlying corporate bonds and even CDS indices have seen significant electronic trading volumes for many years, single name CDS have lagged behind this growing trend. Anatomy of an Electronic Single Name CDS Trade Each of those details offer important insights into the future of electronic CDS trading. First, there is the protocol. RFM, an electronic tool Tradeweb pioneered in the interest rate swaps market, differs from the widely used request-for-quote (RFQ) protocol. Through the RFM protocol, clients ask dealers for a two-way market rather than a price based on direction. RFM has gained traction over the last several years because it does not disclose the client’s trading intentions, preventing potentially sensitive or strategically valuable information from being revealed. That RFM protocol, with its ability to deliver transparency while simultaneously preserving client intent, is a natural fit for the single name CDS market, where positions are often taken defensively or as part of a larger trading strategy that market participants would not want telegraphed to the broader marketplace. Over the last five years, the RFM protocol on our interest rate swaps platform has gained significant adoption. RFM Opens New Doors of Liquidity in Emerging Markets The other important detail in the trade was the fact that it was for an emerging market CDS product. Following the path taken in more established G10 markets, many emerging markets derivatives trades have started to migrate to electronic trading over the last few years. Starting with the interest rate swaps market, emerging markets trading desks have found significant opportunity in embracing electronification, perhaps more so than in more developed markets. This is because electronic trading protocols, like RFM, address major challenges associated with emerging markets trading such as geographic fragmentation, less transparency in pricing and language barriers. Overall, emerging markets trading desks have experienced efficiency and workflow gains accessing liquidity electronically versus picking up the phone to find the other side of a trade across several different languages and time zones. We’ve seen this trend take place on our platform as well, with emerging markets single name CDS volume growing significantly over the past 5 years and volumes doubling over the last year alone. The Electronic Trading Maturity Curve Last year, for example, emerging market interest rate swaps volume on the Tradeweb platform grew 73% as compared to the prior year. We are beginning to see emerging market CDS take a similar path, with market participants starting to find more transparency and liquidity on electronic markets. The introduction of the RFM protocol and its application in emerging markets CDS is part of Tradeweb’s ongoing pursuit of workflow enhancements to improve liquidity and efficiency. We continue to be encouraged by the volumes we’re seeing and we look forward to supporting the evolution of fixed income and derivatives markets with the adaptations they need to thrive in every environment. About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. Market and Industry Data This post includes estimates regarding market and industry data that we prepared based on our management’s knowledge and experience in the markets in which we operate, together with information obtained from various sources, including publicly available information, industry reports and publications, surveys, our clients, trade and business organizations and other contacts in the markets in which we operate. In presenting this information, we have made certain assumptions that we believe to be reasonable based on such data and other similar sources and on our knowledge of, and our experience to date in, the markets in which we operate. While such information is believed to be reliable for the purposes used herein, no representations are made as to the accuracy or completeness thereof and we take no responsibility for such information. Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Daniel.Noonan@Tradeweb.com Company Website http://www.tradeweb.com

May 10, 2023 07:56 AM Eastern Daylight Time

Image
Article thumbnail News Release

SquareX raises $6M as it empowers users to be fearless online

SquareX

SquareX, led by serial cybersecurity entrepreneur Vivek Ramachandran, is developing a browser-based cybersecurity product to keep consumers safe online. The company announced that it has raised USD 6 million in a seed round led by Sequoia Capital Southeast Asia. It will use the funds raised on R&D-engineering and go-to-market. In today's Cloud-SaaS era, the landscape has shifted significantly as professionals primarily use web browsers for all their online activities – checking mail, creating documents, uploading/downloading files, streaming content, banking, and e-commerce. With the browser becoming the new "operating system," attackers are targeting them, introducing an entirely new range of threats such as phishing, identity theft, session hijacking and other browser-based attacks. Unfortunately, the existing generation of cybersecurity products are ill-equipped to combat these threats, as they were designed at a time when the primary threats were file viruses, worms, and network attacks. These products also often hinder productivity by blocking access to files and resources that may not actually be malicious, leading users to disable or uninstall them, and leaving them more vulnerable to attacks. Coupled with widespread and involuntary personal data collection, an average internet user simply does not feel safe online. SquareX is addressing this problem by engineering a cybersecurity product from the ground-up, purpose-built to tackle the current generation of threats. It integrates with the browser as an extension and monitors and protects users while they go about their online activities. SquareX does this by leveraging its cloud service and enables users to open links and files in disposable browsers so that users are protected against any kind of potential threats. These cloud-powered temporary container sandboxes are headless browsers running in data centers on behalf of the user so that all web threats get neutralized and never reach the user’s computer. SquareX also enables users to keep their identity safe and private. "We are driven by our vision to create a digital world where users can embrace the full potential of the internet, unburdened by the ever-growing threats that lurk beneath the surface. We want to enable users to envision a digital landscape where users can confidently engage with the internet without the fear of threats and attacks or having their personal information exposed. By creating a seamless, browser-integrated cybersecurity solution, we are empowering consumers to be fearless online and take control of their own security on the internet. We believe that a safer internet experience is not only possible but essential, and SquareX is dedicated to making it a reality for everyone." Vivek Ramachandran, Founder, SquareX. Vivek is a veteran in the cybersecurity industry with over 20 years of experience in building security products and finding vulnerabilities in security systems. His entrepreneurial experience spans over a decade where he has built wireless monitoring solutions, pentesting gadgets and cloud-powered lab environments. Prior to SquareX, he founded Pentester Academy, a cloud-based cybersecurity training startup which was successfully acquired. Vivek also discovered the infamous Caffe Latte Attack in 2008, and has authored multiple books and research papers on offensive cybersecurity techniques. By providing an unparalleled web browsing user experience without compromising security, SquareX aims to become the new gold standard in consumer cybersecurity products, making the internet a safer place for everyone. SquareX welcomed its first set of users in early March this year. “I would highly recommend SquareX to anyone who prioritizes security, privacy, and ease of use. The platform has transformed my internet browsing experience and has become an essential part of my daily workflow.” Ben Poh, initial user of SquareX. The online world is about to get a whole lot worse as the AI revolution gets channeled towards building malicious code. Every cyber security solution out there is only probabilistically successful in protecting internet users, which is not of much comfort if they get hacked and lose money. SquareX is the first solution we've seen that takes a 100% protection approach - where irrespective of how new and sophisticated the attack is, it has no chance to infect users. This is the future we think all internet users deserve." Anandamoy Roychowdhary, Partner Surge, Sequoia Southeast Asia. SquareX will be launching a beta version of their solution for a limited set of users beginning in May this year. Users can join the waitlist here: www.sqrx.com. About Sequoia Capital India and Southeast Asia Sequoia helps daring founders build legendary companies, from idea to IPO to beyond. Sequoia Capital India and Sequoia Capital Southeast Asia actively partner with founders from a wide range of companies, across categories, including CRED, Druva, Five Star Finance, Freshworks, GoTo, Groww, Kopi Kenangan, Mamaearth, Pine Labs, Polygon, Razorpay, Truecaller, Zomato and more. We spur founders to push the boundaries of what's possible. In partnering with Sequoia, startups benefit with over 50 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn and Stripe early on. From the beginning universities, endowments, and other non-profits have been the backbone of our investor base which means founders' accomplishments make a meaningful difference. For more information on Sequoia's work in India and Southeast Asia visit sequoiacap.com/India and sequoiacap.com/sea. Contact Details SquareX Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.sqrx.com/

May 10, 2023 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

COMCAST LAUNCHES SPEEDS FASTER THAN A GIG IN DEMING, PORTALES, AND TAOS

Comcast New Mexico

Comcast announced today internet speeds up to 1.2 Gbps (1,200 Mbps) are now available via the Xfinity 10G Network to nearly 20,000 homes and businesses in Deming, Portales, and Taos, New Mexico. These new speeds are available to new and existing customers. With the launch of new, faster speeds, Comcast, the nation’s largest provider of Gigabit internet, will provide internet options ranging from 50 Mbps to 1.2 Gbps, together with video, mobile, voice, home security and management products, and other products and services geared to local businesses. In addition, Xfinity Internet customers who lease a gateway will have access to Comcast’s next-generation cyber protection, xFi Advanced Security, that automatically detects and blocks of cyber threats like malware, providing peace of mind to consumers and businesses. “Comcast is committed to connecting more people to what matters most to them,” said Chris Dunkeson, Area Vice President, Comcast. “We’re excited to bring additional internet options to consumers and businesses on our fast, reliable, secure network. Whether it’s for work, school, or entertainment, our fiber-rich, gigabit network is built to meet the needs of tomorrow - today.” Comcast also is addressing digital equity in the communities we serve through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. In the last three years, Comcast has invested more than $13.5 million in more than 75 nonprofit and community organizations across New Mexico. Additionally, Comcast will continue to bring affordable, high-speed internet to low-income households through Internet Essentials. In over 10 years, the program has connected more than 10 million Americans, including 412,000 New Mexicans. Comcast also proudly participates in the federal Affordable Connectivity Program, which provides a subsidy of up to $30 per month –up to $75 per month in tribal areas—to pay for Internet service, covering the full cost of both Internet Essentials (50/10 Mbps) and Internet Essentials Plus (100/20 Mbps) for eligible households. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. -More- Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: Comcast is the largest provider of Gigabit internet and about one third of Xfinity Internet customers subscribe to gigabit speed products. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Julianne Phares +1 505-218-0961 julianne_phares@cable.comcast.com Company Website https://newmexico.comcast.com/

May 09, 2023 11:05 AM Mountain Daylight Time

Image
1 ... 251252253254255 ... 586