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With $2 Billion In Assets Under Management Across 57 Properties, This Company Targets An Essential Recession-Resilient Niche In The Real Estate Market

Benzinga

By Faith Ashmore, Benzinga Necessity-based real estate refers to properties that are essential for everyday living. This includes sectors such as healthcare facilities, grocery stores, multifamily housing and more. Investing in necessity-based real estate can be a great tool for investors to build stable diversification — a layer of resilience and a safeguard around their investments against market swings. Unlike other types of real estate, necessity-based properties tend to have consistent demand even during economic downturns. This relative stability in demand helps to mitigate the risks associated with market fluctuations, and investing in necessity-based real estate allows investors to diversify their portfolios. By including these stable and essential property types in their investment strategy, investors can minimize risk, safeguard their capital and achieve long-term financial resilience. First National Realty Partners (FNRP) is a renowned necessity-based real estate firm that has established itself as the leader and inventor of the specific industry. The company was the #1 privately-held acquirer of grocery-anchored retail real estate in 2022. With its unique and effective approach, First National Realty Partners utilizes its Dragnet Acquisitions Model to identify exceptional properties nationwide that align perfectly with their stringent investment criteria. Once these carefully selected properties are identified, FNRP initiates the acquisition process. Their team meticulously develops tailored business plans for each individual property, ensuring a comprehensive and strategic approach. Concurrently, they raise the capital required for the investment, leveraging their extensive network of investors. Upon completing the due diligence process in collaboration with industry experts and cultivated relationships, FNRP proceeds to close on the property and assume control. This is where their expertise shines as they deploy their team to each property, verifying the meticulous due diligence performed and engaging with existing tenants to solidify their business plan for the property's success. With full ownership in place, the team uses its in-house management approach to maintain cost control, seamlessly execute value-add initiatives and ensure high-quality standards are upheld. A History of Real Estate Success With an impressive track record of success, FNRP has established itself as the go-to investment firm for those seeking to navigate the ever-changing market and achieve long-term wealth preservation. With over $2 billion in assets under management, FNRP has consistently demonstrated its ability to deliver results for investors. Their portfolio boasts an impressive 57 current assets held, showcasing their expertise in identifying and acquiring high-quality properties that align with their investment strategy. Since its inception, FNRP has distributed over $100 million to its valued investors, a testament to their commitment to generating returns. Their successful growth is evidenced by the acquisition of over 11.5 million square feet of gross leasable area (GLA) across 23 states, solidifying their nationwide presence and extending their reach to diverse markets. What truly sets FNRP apart is its extensive network of 2,500+ accredited investors. This broad investor base reflects the trust and confidence placed in the firm by individuals who recognize their ability to consistently deliver solid opportunities for wealth creation and preservation. With its sector expertise, noteworthy track record, and commitment to excellence, FNRP stands as a leading necessity-based real estate firm. Learn more about FNRP’s upcoming deals here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 23, 2023 09:45 AM Eastern Daylight Time

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VT Markets Provides Multi-Award Winning Brokerage And Top-Tier Forex Services For Over 200,000 Active Accounts — Traders Can Get Started In Just 5 Minutes

Benzinga

By David Willey, Benzinga VT Markets is a global, multi-asset brokerage company specializing in Contract for Differences (CFD) and Foreign Exchange Market (Forex) trading. The Australia-based company has spent almost a decade building an innovative and trusted brand for retail traders, with over 200,000 active clients from more than 160 countries, and an average daily trade volume of over 4 million trades every month — traders can open an account with VT Markets in as little as five minutes. Forex trading has reached new highs, with a daily turnover of $7.5 trillion in 2022, up from $6.6 trillion in 2019. There are approximately 10 million Forex traders globally. Brokerage firms like VT Markets can often help traders with everything from the mechanics of the trade to providing advice on how to make smart investment decisions. For traders, it is important to find a brokerage firm that they can trust and which has the financial instruments and the platform to support them in their trading. VT Markets’ Mission Of Accessible Trading VT Market is setting out to build a reliable, accessible platform that can serve all traders. Mobile app trading has been growing in popularity, with over $22 billion in revenue generated by app trading in 2022. Additionally, over half of all Forex traders prefer trading using a mobile device or app. VT Markets gives its traders a variety of platforms to choose from, including the popular MetaTrader 4 and 5 platforms, as well as WebTrader, WebTrader+ and the VT Markets app. The level of accessibility the platform offers is one of its key differentiating factors, with many competitors carrying far more restrictions on instruments and requirements. VT Markets provides its users with access to over a thousand financial instruments that allow them to trade almost every asset class — including Commodities, Gold and ETFs. The brokerage is the recipient of numerous brokerage awards, including Best Forex Broker Europe 2023 Awarded by Forex Awards, Fastest Growing Broker Europe 2023 Awarded by Global Business Review Magazine, Best Multi-Asset Broker MENA 2023 Awarded by International Business Magazine and more. The company believes all these awards are a recognition of its stated mission “to make trading easy and accessible for everyone.” VT Markets is looking to become one of the easiest-to-use trading solutions that provides retail traders with a comprehensive set of tools within a safe, regulated environment. This includes up to 500:1 trading leverage, a robust account management portal, and even potential extra trading bonuses. Getting started with VT Markets is as simple as 1) applying for an account, 2) selecting a payment method, and 3) begin trading with VT Market’s thousands of financial instruments across all asset classes. Traders can start an account in as little as five minutes – click here to create an account with VT Markets. Learn more about VT Markets by visiting its website. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 23, 2023 09:45 AM Eastern Daylight Time

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Logitix Names former Amazon Web Services Executive Michael Ramirez as Vice President of Business Operations

Logitix

Logitix, the leader in live event ticketing technology and analytics, announced they have named Michael Ramirez as Vice President of Business Operations. Ramirez most recently worked with Amazon Web Services (AWS) as their Head of Worldwide Sales Strategy & Operations for Microsoft Workloads. As a result of Logitix's recent growth into more markets with broader offerings, Ramirez will focus on streamlining processes and workflows to maximize efficiencies and establishing KPIs that drive results for clients. Logitix manages millions of tickets for teams and properties from the MLB, NFL, NBA, NHL, and NCAA, plus live event properties across the music, performing arts, and entertainment industries. Its unique platform analyzes millions of real-time data points, providing up-to-the-minute insights within the live event marketplace. Logitix optimizes ticket sales outcomes for all partners through proprietary dynamic pricing and distribution. “As our operation at Logitix continues to expand, we are recruiting talented leaders from in and out of our direct industries,” said Logitix CEO Stu Halberg. “Michael enters the live event industry as one of the most respected leaders in business operations for technology giants. He will play an important role in helping our team sell more tickets in more places while optimizing ticketing revenue for our diverse portfolio of clients.” Before AWS, Ramirez built his career in technology and telecommunications, working with brands like Advanced Media Technologies, Inc., Deluxe Corporation, and AT&T (formerly BellSouth Corporation). He graduated from the University of Florida. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric PR & Marketing, LLC Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

August 23, 2023 08:20 AM Eastern Daylight Time

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Media and Democracy Project Debunks FOX Opposition in Broadcast License Challenge; Highlights ‘Overwhelming, Uncontested, and Irrefutable’ Evidence of Character Violations

Raynor Ave.

Founding President of Fox Broadcasting Company, Jamie Kellner, Joins Growing Coalition Seeking FCC Hearing into FOX Broadcast License New filings argue FOX cannot be relied upon to deal truthfully with the public, election lies “shock the conscience,” and Murdochs lack character to remain public interest broadcast licensees MAD Reply (PDF) | Duggan-Kristol Supplement (PDF) | Kellner Informal Objection (PDF) Today, three blockbuster filings were submitted to the Federal Communications Commission (FCC) in support of the Media and Democracy Project’s (MAD) petition challenging the broadcast license renewal application for FOX Corp-owned television station FOX 29 Philadelphia (WTXF). The filings include MAD’s formal reply to Fox Television Stations (FTS) opposition submitted earlier this month. MAD is joined by a growing bipartisan coalition filing informal objections calling for an FCC hearing to fully consider the fitness of FOX Corporation (FOX) and the Murdochs to continue as licensees of the public airwaves. Informal objections were filed by former PBS President and FCC Commissioner Ervin S. Duggan, former Weekly Standard Editor William Kristol, and founding President of Fox Broadcasting Company Jamie Kellner. Media and Democracy Project Formal Reply The lies about the 2020 election that aired on Fox News, authorized at the highest levels of FOX’s corporate structure to retain FOX’s conservative viewer base and reverse failing ratings, represent a severe breach of the FCC policy on licensee character qualifications, MAD reaffirmed today in a legal response to their effort to call for an evidentiary hearing into the matter. In the reply, MAD took the opportunity to fact check and debunk various “strawman” arguments made by FTS in defense of WTXF. MAD argues that not only does the FCC have the authority to convene a hearing, but it has an obligation to do so built on decades of precedent. According to MAD, “Never in the history of the Commission has the agency been confronted with a license renewal applicant whose parent was found by a court of law to have repeatedly presented false news.” On whether MAD has made the case that FOX is not qualified to be an FCC licensee and the policy violations are sufficient to require an evidentiary hearing, the filing stated: “FOX knew – from the Murdochs on down – that Fox News was reporting false and dangerous misinformation about the 2020 Presidential election, but FOX was more concerned about short-term ratings and market share than the long-term damage caused by its spreading disinformation.” “What is astounding is the Opposition’s [FOX’s] utter failure to reckon with the findings of false statements in Dominion that raise substantial and material questions of FOX’s character qualifications to be an FCC licensee.” "FOX has demonstrated a willingness to lie to preserve its corporate profits. FOX’s lies concerning the outcome of the 2020 election caused a great injury to the American people and the institutions of our democracy. FOX’s willingness to lie demonstrates a fatal character flaw." Responding to accusations that holding FOX accountable violates the First Amendment, MAD writes: “This is not a First Amendment case. Rather the issue here concerns a corporation that, with the full knowledge and approval of its management, lied to millions of Americans. The question before the Commission is not whether FOX had a right to lie, rather it is about the consequences of those lies and the impact on FOX’s qualifications to remain an FCC licensee.” Beyond citing FOX’s willingness to lie as demonstrating a fatal character flaw, MAD highlights numerous instances of “material misrepresentations” in the WTXF renewal application itself. These violations and the station’s false certifications in FCC licensee records are “further evidenc[e of] its propensity for untruthfulness and FOX’s poor character.” MAD ends its filing by saying, “[a]s such, the Communications Act obligates the Commission to designate these vital questions to be answered in an evidentiary hearing.” A copy of the MAD’s formal reply to FOX’s opposition is available here. Duggan-Kristol Informal Objection Supplement Ervin S. Duggan and William Kristol joined MAD in responding to the “gaping holes” found throughout FOX’s opposition. The media veterans reiterate their call for an evidentiary hearing, saying: “Every application for a broadcast license renewal is not only a test for the applicant, but also for the FCC itself. In considering this application, the Commission inevitably will reveal whether it is serious about its regulations, or merely pretending; whether its standards are genuine, or mere shibboleths; whether its regulatory spine is strong, or made of mush.” The filing points out that the FCC Media Bureau already refuted FOX’s argument in 2012 that the parent company has no involvement in a station’s operations: “During the last television renewal cycle in 2012, FTS argued that the conduct of its parent company and of affiliates not directly involved in station operations cannot impact a station’s license renewal application, even if that conduct violates the FCC’s policy statements on licensee character. The Fox Reply takes essentially the same tack. But since the Media Bureau went out of its way to say that it did not endorse that position ten years ago, FTS now clothes its position in a new cloak of legalisms and technicalities that have no more merit than its previous bald assertion.” On FOX’s First Amendment defense, the pair said: “[D]espite the Fox Reply’s strenuous efforts to obscure the point through First Amendment rhetoric, the character and public-interest standards of the FCC are in fact standards of behavior, not speech. And in invoking the Commission’s character standards, MAD through its petition is asking the FCC to weigh FOX’s behavior, not asking the Commission to evaluate or sanction the content of its speech.” Duggan and Kristol say this of FOX’s claim that Rupert and Lachlan Murdoch’s role in perpetuating election falsehoods has no bearings over their ownership of WTXF: “If a broadcast licensee shows poor judgment or questionable character in managing a business that -- but for FCC licensure -- is identical in core objectives and operational particulars to the operation of a broadcast station, that bad judgment and suspect character should speak loudly to the Commission. In fact, it should speak much louder than the direct licensee misconduct in more attenuated contexts, or employees’ misconduct in unrelated businesses, that have provoked the FCC to designate hearings or seek to deny license renewals in the past.” A copy of the Duggan-Kristol informal objection supplemental is available here. Jamie Kellner Informal Objection Former Fox Broadcasting Company (FBC) President Jamie Kellner joined others in calling on the FCC to designate a hearing. Kellner is a well-respected former television executive who was present at the creation of Fox Broadcasting Company. He was hired by Rupert Murdoch in 1986 to serve as the broadcasting arm’s founding president and chief operating officer and helped FOX establish a foothold as America’s long-sought fourth over-the-air broadcast television network. In his filing Kellner says, “[m]y amazing colleagues and I worked hard to establish the Fox brand in television and to help Rupert Murdoch become an established force in American Network television.” He goes on to say: “While I was President of FBC we started a news division that provided daily feeds of national and international news stories for the Fox-owned and affiliated television stations for inclusion in their locally produced newscasts. Unlike the news feeds provided today by Fox News Channel, our news feeds did not prominently feature advocates like Rudy Giuliani and Sidney Powell spouting nonsensical lies about a Presidential election.” A copy of the Kellner informal objection is available here. The Media and Democracy Project: MAD is a non-partisan, all-volunteer, grassroots civic membership organization fighting for a more informative and pro-democracy media operating in the public interest. MAD aims to improve our national discourse so that American voters can engage in informed decision-making. As part of that goal, MAD has an interest in the responsibility of journalists and media to report fully, accurately, and fairly on the electoral process and the outcome of elections. Additional information is available at www.MediaAndDemocracyProject.org. Ervin S. Duggan is a veteran of the Lyndon Johnson White House, a former Commissioner of the Federal Communications Commission, and former President of PBS. William Kristol is a veteran political analyst and commentator. He served in senior positions in the Ronald Reagan administration and the George H.W. Bush White House. For two decades, he edited The Weekly Standard magazine, and is now editor at large of The Bulwark and a director of the educational and advocacy group, Defending Democracy Together. Jamie Kellner was the Founding President of Fox Broadcasting Company, having also founded The WB Network and served as CEO of Turner Broadcasting System, overseeing networks like CNN, TNT, and TBS. Contact Details Raynor Ave. Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://www.raynoravenue.com/

August 22, 2023 10:00 AM Eastern Daylight Time

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Bearish On Nvidia (NASDAQ: NVDA) Before Earnings? Check Out This Unique ETF

Benzinga

By Rachael Green, Benzinga Nvidia Corporation (NASDAQ: NVDA) seems to have become something of a bellwether of the larger AI industry. The chipmaker makes the graphics processing units (GPUs) that well-known AI tech like ChatGPT use to run, and the company is widely expected to cash in on the emerging technology. As a result, NVDA shares have been trending up since the fall of last year and are currently up more than 200% year-to-date. But some investors aren’t convinced the stock can keep up this momentum indefinitely – at least not without some bumps in the road. For those who may see a bubble, those bumps could translate into profitable trades if played right. Here are a few reasons some traders are bearish on NVDA. Unprecedented Demand Growth Could Exceed Nvidia’s Manufacturing Limits While few are questioning the demand for Nvidia’s GPUs, rumors of a looming GPU shortage could inadvertently have a snowball effect on new AI research. AI technology takes a significant amount of time and money to develop. The hardware, the massive quantities of data, and the specialized expertise needed to create AI that lives up to the hype don’t come cheap—and then there’s the sunk time in developing and training the AI that could have been spent on R&D with a little more certainty. So if developers can’t be reasonably certain that the GPUs they need will even be available, some companies might decide to hold off on their AI projects until supply is a little more stable. Right now, NVDA’s growth has a lot of future revenue potential built into it so news that the chip maker might not be able to scale production fast enough to make enough chips to meet rising revenue forecasts could be enough to push shares down at least temporarily. Nvidia Chip Shortage Would Create An Opening For Competition Nvidia seems to be dominating the AI space right now, but it’s far from the only chip maker in the game. Some of its most-watched competitors include Advanced Micro Devices (NASDAQ: AMD), Intel (NASDAQ: INTC), Cerebras, and Alphabet (NASDAQ: GOOGL). If Nvidia faces a hiccup in production as it tries to scale production to meet this unprecedented demand, that could open the door just enough for these competitors to gain a foothold in the market. AMD is developing a family of chips that will compete with Nvidia on performance. Unlike Nvidia, AMD also offers an open software ecosystem called ROCm, giving developers a lower-cost, more flexible entry point into AI development. This could make it a key competitor among smaller developers and startups in particular. Intel, on the other hand, is already one of Nvidia’s strongest chip-making competitors though it’s still lagging behind Nvidia when it comes to GPUs specialized for AI. Intel acquired Habana in 2019, getting the Israel-based developer’s line of Gaudi AI chips as part of the deal. So far, the Gaudi chips aren’t as fast as Nvidia’s latest GPUs, but they are competitive on price and do offer enough performance for some lighter-duty AI tasks. The company is also working on Sapphire Rapids, a server CPU with built-in accelerators to handle generative AI. Nvidia might have the edge now while it’s the only major player in the game, but as these competitor products roll out, it’s going to get harder for the chip maker to hold onto its lead—especially if it’s already struggling to scale production. Trade NVDA Dips With The AXS NVDA Bear Daily ETF For investors who are near-term bearish on Nvidia or are looking for a short-term hedge on their existing long position, consider using the AXS 1.25x NVDA Bear Daily ETF (NVDS). NVDS is a leveraged ETF designed by AXS Investments to seek 125% of the inverse of NVDA’s daily performance. This leverage can help magnify the performance of each trade so that even smaller, short-lived dips have the potential to generate meaningful gains for traders. Use of this ETF also avoids having to source a borrow on NVDA from your broker which can be a hassle at times. At the same time, leveraged ETFs do come with additional risk and NVDS is not intended to be held for longer than a day. So it’s especially important that traders do their research and understand how to incorporate the leveraged ETF into their overall trading strategy. But when used carefully, NVDS could be a great tool for turning your bearish assumptions about Nvidia into potential yield. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 22, 2023 09:25 AM Eastern Daylight Time

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ESE Entertainment Enters Strategic Partnership With BlackPines, To Sell 70% Stake In GameAddik To BlackPines For About $9 Million

Benzinga

By Faith Ashmore, Benzinga ESE Entertainment (OTCQX: ENTEF) (TSXV: ESE) is a leading global technology company that operates primarily in the gaming and esports industry. In the gaming industry, ESE provides crucial technology solutions to video game developers, publishers and brands, and the company is actively involved in fan engagement services globally. It also operates its own e-commerce channels. However, the company is most well known for its involvement in the esports industry. A prominent player in the global gaming and esports industry, ESE recently announced an all-cash transaction – the company has reached an agreement with an affiliate of BlackPines Capital Partners Ltd. to sell 70% of the shares of its subsidiary, GameAddik. The remaining 30% of GameAddik's shares will still be owned by ESE. As part of the deal, BlackPines will pay ESE a total of $9,100,000 in cash for the purchase, with some adjustments to the final amount. Additionally, 15% of the payment will be held back initially to cover any potential indemnification obligations from ESE. This holdback will be released to ESE in two portions, with one portion after 6 months and the other after 12 months, depending on any outstanding claims. "We couldn't be more excited about our investment in GameAddik and partnership with ESE Entertainment," said Darren Huston, CEO & Founder of BlackPines. "We have an ambitious plan to invest in and grow the business, and to help an already outstanding team deliver industry-best marketing ROIs to a growing roster of PC game industry customers.” Darren Huston has a strong background and expertise in the technology and travel industries, he has consistently demonstrated exceptional leadership and strategic vision. One of the most notable successes in Darren Huston's career was his tenure as the CEO of Priceline Group, one of the world's largest online travel companies. Under his leadership, the company experienced significant growth and expansion, solidifying its position as a global leader in the travel industry. Through strategic acquisitions and innovative business strategies, Huston successfully steered Priceline Group towards sustained profitability and market dominance. Another remarkable highlight of Darren Huston's successful career was his role as the CEO of Booking.com, a subsidiary of Priceline Group. During his tenure, he played a pivotal role in transforming Booking.com into one of the world's leading online hotel reservation platforms. Under his guidance, the company focused on enhancing the user experience, and the platform witnessed tremendous growth, capturing a significant share of the online hotel booking market. His involvement in the ESE transaction is notable for the company’s positive outlook. Konrad Wasiela, CEO of ESE shared his thoughts on the transaction, sharing, "This transaction and partnership with BlackPines marks a significant milestone in ESE's growth trajectory. We're aligning our growth path with a proven technology executive and entrepreneur with world-class exits. We're confident that this partnership will propel GameAddik, and ESE as a whole, into a period of growth. The synergy will empower GameAddik to harness its full potential, further enabling ESE to deliver premier services to the gaming community. As we retain a strategic stake in GameAddik, we'll continue to be a part of its journey, ensuring this partnership fuels mutual growth and success in our industry." This agreement marks an important step for ESE as it continues to strategically navigate its business operations and partnerships in the gaming industry to drive continued growth. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 22, 2023 09:25 AM Eastern Daylight Time

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Shapeways Transforms Multi-Billion-Dollar Manufacturing Industry; Its Proprietary Software Empowers On-Demand Production

Benzinga

By David Willey, Benzinga Shapeways Holdings, Inc. (NASDAQ: SHPW), a leading digital manufacturing company, is positioned to transform the global manufacturing industry. The company has advanced its mission by providing on-demand manufacturing services at scale, simplifying complex production processes via proprietary software. Shapeways also provides its digital manufacturing software platform to other companies, enabling them to digitize operations, grow revenue, increase profitability, and expand their manufacturing capabilities. The global manufacturing market is challenged with slow, inflexible processes focused on mass production, and often fails to meet evolving customer needs. Shapeways addresses these challenges by enabling customers to access high-quality, on-demand manufacturing services. This not only speeds up time-to-market but also reduces cost, and offers flexibility for adapting to changing requirements. By leveraging software, Shapeways has digitized the end-to-end manufacturing process and is helping other manufacturers do the same as they reshape the global manufacturing industry. Manufacturing Solutions Shapeways operates in the global digital manufacturing market, worth $276 billion in 2020 according to Allied Market Research, and predicted to reach $1.3 trillion by 2030 at a compound annual growth rate (CAGR) of 16.5% over the decade. The company’s mission is to integrate modern technology into the global manufacturing framework, introducing fresh perspectives and practical solutions for optimizing the entire manufacturing process–beginning with product development. Shapeways recognizes major challenges in the manufacturing industry, mainly stemming from a sluggish response to shifting market needs. Traditional manufacturing's focus on mass production often restricts the options available to clients. To counter this, Shapeways introduces transformative solutions like additive manufacturing to enhance flexibility and adaptability. According to a Smithers report, “ The Future of 3D Printing to 2027,” the additive manufacturing industry, where Shapeways plays a key role, was worth $5.8 billion in 2016 and is predicted to reach $55 billion in 2027 at a compound annual growth rate (CAGR) of 23% during the forecast period. To date, the company has manufactured over 24 million unique parts delivered to more than 1 million customers in over 180 countries. Shapeways reports strong customer relationships, with a less than 1% complaint rate and a 98% on-time delivery rate for its manufactured parts. Software Solutions The Shapeways-owned OTTO software offering is a comprehensive manufacturing software suite that enables other manufacturers to digitize their operations, leading to increased revenue, improved profitability, expanded capabilities, and greater customer satisfaction. Shapeways deploys this software offering through its MFG.com brand, serving as a key software solution connecting buyers with sellers of custom parts. MFG.com reduces costs, streamlines supply chains, and delivers services that improve value for everyone involved in the manufacturing equation. Shapeways is creating scalable, high-margin recurring revenue through its MFG customer base. The company’s reported earnings for Q1 2023 included more than 50% quarter-on-quarter growth in its Software-as-a-Service bookings, consistent customer retention, and a customer lifetime value of over $4,200. Shapeways also just announced an enhancement of its MFG brand with a positive response. The company has further expanded its offerings with MFG Materials, and the launch of a 3D Model Viewer created to improve the quoting experience and generate more leads for manufacturers. Read more about what Shapeways is doing in the manufacturing and software industries. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 22, 2023 09:25 AM Eastern Daylight Time

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Imagine Joining All Cryptocurrency Networks Into A Super-Network That Is Cross-Chain And Protocol-Driven — Swopblock Is Doing Just That

Benzinga

By James Wells, Benzinga Learn more about and invest in SwopBlock via Wefunder In an ideal scenario, all cryptocurrency blockchains would be interconnected, providing users with a seamless experience across chains and apps. Yet, interoperability still remains a significant challenge. Emerging technologies aim to interlink blockchains and streamline asset and information movement. Swopblock, a cross-chain trading protocol, is at the forefront, aspiring to be the most decentralized medium of cross-chain trading. The following article will explore how Swopblock aims to consolidate liquidity within the decentralized exchange (DEX) world in an entirely decentralized fashion. Decentralized DEXs: Confronting Current Limitations And Siloed Blockchains DeFi Llama reports over 200 different blockchain networks, with Ethereum, Tron, and Binance Smart Chain commanding over 75% of the market. Despite progress in interoperability, these blockchains mainly operate separately, leading to talent and resources focusing on competing networks instead of a unified system. The siloed nature of blockchains is primarily problematic for end-users, as cross-chain trading proves challenging. This is due to most DEXs' lack of multi-chain support, absent of access to various altcoin swaps. For instance, Uniswap, the leading DEX by trading volume, only supports 7 EVM-compatible networks. Hence, more users are opting for cross-chain exchanges to simplify asset transfers and navigation across chains. However, these exchanges address the interoperability problem by pooling liquidity across multiple blockchains which exposes user's assets to external hacking and internal theft. Swopblock: Unleashing A New Era In Cross-Chain Trading Swopblock, an open-source, proof-of-relay (PoR) protocol, allows peer-to-peer, self-custodial, cross-chain trading. It lets users transact directly from their wallets without giving their crypto keys to any intermediary. Unlike native blockchain-restricted DEXs, Swopblock enables both retail users and institutions to seamlessly transfer assets, including Ethereum, Bitcoin and more. The Swopblock protocol is powered by its Liquidity Stream, the underlying infrastructure that channels market volume. SWOBL, the native asset of the protocol, serves as a free-flowing medium of exchange that provides 100% of the market volume necessary for autonomous cross-blockchain trading between peers. A New Era Of Infrastructure: Swopblock's Impact While other decentralized cross-chain exchanges like THORChain, Open Ocean, and RocketX exist, Swopblock revolutionizes the industry through total decentralization. This is realized by ensuring 100% liquidity distribution across all user wallets. Such distribution reduces the hacking risks associated with liquidity pools, bridges and pipes, as they often hold significant cash, making them prone to exploits and attacks. In 2022 alone, over $2.8 billion of crypto was lost due to hacks and exploits, with crowd looting and bridge exploits being common examples. The Utility Of SWOBL In addition to complete decentralization, 100% liquidity distribution across all user wallets allows for equitable value accrual across the entire ecosystem. As trading volume rises, so does SWOBL demand, benefiting all users, traders, or investors who hold SWOBL. Swopblock is currently raising funds for its official launch, rewarding early investors with additional SWOBL in four phases based on their investment size and timing. Early exposure could be a profitable choice for investors who believe in the future of Swopblock's superior technology. Looking Ahead: Exploring The Future Of DEXs With Swopblock Swopblock is a powerful solution to the existing limitations of the DEX landscape. It proposes a fully decentralized, self-custodial, cross-chain trading method that helps users autonomously navigate blockchain networks. As crypto adoption grows, Swopblock's unique decentralized strategy could leverage this demand. Learn more about and invest in SwopBlock via Wefunder This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 22, 2023 09:25 AM Eastern Daylight Time

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NAVEX Enhances Communication with AI-Driven Translations

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, announces the launch of a new NAVEX One platform shared service: dynamic machine translations. This first-to-market addition in the governance, risk and compliance (GRC) space will empower organizations operating across different countries to overcome language barriers, enabling accurate risk and compliance-related communication between employees, third parties and program administrators. NAVEX understands the challenges organizations face in maintaining accurate communication when dealing with sensitive data arising from risk and compliance tasks. Many organizations struggle with language barriers, hindering effective collaboration. With varying language skills among responders, the potential for misunderstandings and misinterpretations can be detrimental to decision-making and compliance efforts – especially in time-sensitive cases. "NAVEX is pioneering the future of machine translations within the GRC space, directly tackling the complexities of multilingual communication," stated A.G. Lambert, chief product officer at NAVEX. "The integration of secure machine translation into NAVEX One makes it simple for GRC professionals to translate disclosures, assessments, and responses, leading to better communication and faster resolution." The introduction of dynamic machine translations addresses these issues and improves communication efficiency. With advanced artificial intelligence technology, this shared service allows end users to translate directly from the NAVEX One user interface. How machine translations work In the past, administrators encountered the repetitive task of manually copying text, relying on external translation tools, and then painstakingly inputting the translations to proceed with their workflow. However, with the introduction of the machine translations shared service built on Amazon Web Services (AWS), administrators are now equipped to address important matters promptly and efficiently, leading to quicker resolution rates. Moreover, administrators can assess third-party entities proficiently, regardless of the languages they speak or the answers they provide. The user-friendly NAVEX One interface makes translating disclosures, evaluations, and responses easy, promoting smooth communication and understanding. "By relying on the broadest and deepest set of cloud services on AWS, including Amazon Translate, NAVEX is able to use machine translations within the governance, risk and compliance space, directly tackling the complexities of multilingual communication,” stated Venky Nagapudi, Senior Product Management Leader, Amazon Translate, AWS. “The work between NAVEX and AWS makes it easy to translate disclosures, assessments, and responses, leading to better communication and faster resolution." Key benefits of NAVEX One machine translations include: Multilingual support: The system supports 75 languages, facilitating seamless communication with stakeholders worldwide. Accurate and reliable: Powered by advanced neural network technology, the feature ensures precise translation of critical information. Streamlined workflow: The translation functionality integrates seamlessly into existing GRC workflows, saving time and effort for administrators and responders. Cost-effective translations: Organizations can deliver faster results and decrease operational costs by reducing the need for external translation services. Data privacy: Advanced technical and physical measures, including encryption at rest and in transit, are used to prevent unauthorized access or sharing of content. Incorporating a dynamic machine translation service highlights NAVEX's continued commitment to fostering innovative solutions throughout the NAVEX One platform. By seamlessly integrating artificial intelligence and machine learning capabilities, NAVEX continues to empower companies to overcome language obstacles, promoting cross-cultural teamwork and elevating the effectiveness of GRC processes. As NAVEX continues to leverage AI and ML, it cements its position as a leader in cutting-edge technology within the GRC space. The NAVEX One GRC – Information System Multilingual Machine Translation marks a bold stride in NAVEX’s innovative journey following the recent launch of the NAVEX Compliance Assistant. NAVEX's unwavering commitment to AI/ML innovation propels the governance, risk, and compliance landscape into a new era. By harnessing the power of AI, NAVEX is reshaping the compliance landscape, streamlining intricate processes, and automating tasks. This first-to-market shared service accelerates and enhances compliance initiatives while fostering clarity across your organization. Navigate the future of compliance with your AI-powered ally, simplifying employee compliance in ways that redefine ease and efficiency. For more information, visit the NAVEX One Platform. And read our blog. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

August 22, 2023 08:00 AM Eastern Daylight Time

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