News Hub | News Direct


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

Galaxy Fox Beats Expectations as Presale Blasts Past the $650K for This GameFi Gem

RoundHouse Media

With so many tokens seeing massive gains recently, Galaxy Fox is distinguishing itself as a stand-out crypto project by blending play-to-earn gaming with the captivating world of NFTs. The native $GFOX token Stage 2 presale recently smashed through $650K in just a few weeks’ time, turning heads even in this impressive bull market filled with triple-digit gains. Let's unravel the fundamentals that make Galaxy Fox the next best cheap crypto to buy right now in the crypto universe, and see why exactly investors are rushing to scoop up this little gem while it’s still early in the game. The Shifting Landscape of Crypto: Setting the Stage for Galaxy Fox The crypto rollercoaster has seen many ups and downs lately. From the FTX drama to the extended crypto winter, it's been a wild ride. But as 2023 ends, things are looking up. Investors are shuffling, eyeing the next narrative in the crypto world. Enter Galaxy Fox – not just another token, but a game-changer. It’s a play-to-earn (P2E) gaming platform where you can enjoy games while earning valuable in-game assets that can then be swapped for $GFOX tokens. It's like gaming with perks that go beyond the screen. Why Galaxy Fox? The Fundamentals Unveiled Galaxy Fox is more than just your run-of-the-mill crypto. It's a whole crypto universe packed with cool features that'll catch the eye of gamers and investors alike. It's about gaming and creating opportunities. And besides the gaming fun, there's a chance to earn passive income through avenues like staking and trading the coolest NFT collectibles on platforms such as OpenSea. Galaxy Fox’s versatility and multiple use cases have caught the eye not only of investors looking for what is best crypto to buy, but also crypto analysts - many of whom have given the project a positive outlook. The Gateway to the GameFi and the P2E Gaming Sector The strength of Galaxy Fox’s presale signals a growing community of investors rushing to position themselves for potential profits. The presale is now in Stage 2, and it’s a golden opportunity to tap into the vast network of the P2E gaming sector. Priced at $0.0008778 as of December 7, the $GFOX token has already stirred considerable excitement. In fact, the presale is looking like it might hit the million dollar mark before the end of this year. For investors seeking the best cheap crypto to buy right now, Galaxy Fox presents a serious contender in both the meme and gaming worlds. But what sets Galaxy Fox apart from the rest? Let's look at the components that make it an irresistible force in the crypto space. The Galaxy Fox Ecosystem: The Future of Web3 Gaming Galaxy Fox is a multi-faceted ecosystem. At its heart is a Web3 endless runner game that adds a layer of excitement and rewards skillful players. The top 20% of players each season receive incentives from a pool funded by in-game purchases, fostering a competitive yet cooperative community. Beyond gaming, Galaxy Fox introduces an attractive staking system. There’s a 6% fee on all transactions, and this is distributed to the treasury, Stargate staking pool, and liquidity pool. 2% of the transaction fees are allocated to stakers. This mechanism encourages active participation and rewards those contributing to the project's growth. With an overall supply of 5 billion tokens, Galaxy Fox strategically allocates tokens to liquidity, ecosystem development, and rewards, ensuring the project’s long-term success. Token burning, a deliberate strategy, reduces the circulating supply, potentially supporting token prices. Conclusion The excitement is tangible as Galaxy Fox blazes ahead in its presale, defying expectations and stirring up market speculation. If you're looking for the best cheap crypto to buy right now, $GFOX is one you should be checking out, as it’s likely to explode once it hits retail exchanges. Visit the Galaxy Fox website, explore the presale, and join the community on Telegram. Don't miss out on the chance to be an early adopter of this new hybrid crypto project. Learn more about $GFOX here: Visit Galaxy Fox Presale | Join the Community Memecoin market is saturated with silly dog coin knock-offs and dodgy Pepe joke coins. What was once a thriving and fun-filled space has lately devolved into a wasteland of coins that lack real utility or serious development – or even something just to make you laugh, like OG memcoins of the past Doge and Shiba Inu once inspired. Contact Details Team

December 08, 2023 02:47 PM Eastern Standard Time

Article thumbnail News Release

ZeroFox announces record annual recurring revenue as company shares Q3 financials


ZeroFox CEO Foster joined Steve Darling from Proactive to share the company's impressive financial results for the third quarter. ZeroFox continued its positive momentum, achieving robust top-line growth while simultaneously generating positive free cash flow for the second consecutive quarter. The financial highlights for the quarter include total revenue reaching an impressive $65.0 million, with annual recurring revenue (ARR) totaling $185.9 million. Gross margins were strong at 30%, while non-GAAP gross margin reached an even more impressive 38%. The GAAP subscription gross margin stood at 52%, with non-GAAP subscription gross margin reaching a remarkable 73%. Foster went on to mention the company's growing customer base, revealing that ZeroFox concluded the quarter with 1,330 subscription customers. Notably, there were 182 subscription customers with ARR exceeding $100,000, marking a substantial 27% increase year-over-year. The company also highlighted a significant achievement—the renewal and expansion of an 8-figure contract with a strategic U.S. federal agency focused on cybersecurity. ZeroFox's expertise in external cybersecurity is built on its robust platform, which incorporates advanced AI analytics, digital risk and privacy protection, comprehensive threat intelligence, and a suite of response capabilities for breaches, incidents, and takedowns. These financial results and achievements underscore ZeroFox's position as a leader in the cybersecurity industry, reflecting its commitment to innovation and its ability to provide comprehensive solutions to address evolving threats in the digital landscape. Contact Details Proactive Investors +1 604-688-8158

December 08, 2023 01:45 PM Eastern Standard Time

Article thumbnail News Release

Missed The Current Bitcoin Boom? Get in Early On This New Altcoin

RoundHouse Media

In the crypto space, luck always favours the prepared. When a bitcoin or altcoin boom comes along, only those who have already invested in the best cryptos become the next wave of crypto millionaires. If you missed out on the latest BTC boom, it's time to dive in on Galaxy Fox ($GFOX), the best crypto to buy in 2023. Let’s dig deeper into $GFOX to get a better understanding of why it is one of the best altcoins for 2023. >>BUY $GFOX TOKENS<< Embarking On a Mission Galaxy Fox is a full utility meme coin with a mission to shake up the crypto space and redefine our interaction with it. Positioned as a full utility meme coin, Galaxy Fox aims to stand out alongside major meme tokens like Dogecoin, Shiba Inu, and Pepe, as well as top play-to-earn (P2E) tokens like The Sandbox, Axie Infinity, Decentraland, and GALA. What sets Galaxy Fox apart as the best crypto to buy in 2023 is its recognized growth potential, offering holders multiple avenues for earning residual income through staking, P2E gaming, and owning $GFOX tokens. Gaming Adventure with P2E Within the Galaxy Fox ecosystem, there's an exciting web3 runner game where players can earn $GFOX tokens by showcasing their gaming skills. Adding a unique twist to the game are Galaxy Fox NFTs, each with distinct characteristics that bring variety and a competitive edge. Players can also temporarily boost their attributes using $GFOX tokens, introducing an extra layer of strategy to battles. At the end of each $GFOX season, the top 20% of players receive in-game currencies as rewards, which can be exchanged for $GFOX tokens. What's intriguing is that 50% of funds from in-game item sales contribute to the prize fund, offering players a chance to earn real money while having fun. Unlocking NFT Treasures Galaxy Fox plans on unleashing one of the coolest NFT collections of 3000 unique NFTs during its presale. These NFTs, available for minting on the Galaxy Fox website and tradable on platforms like OpenSea, feature characters from the Galaxy Fox Ecosystem. Galaxy Fox NFT Marketplace The Galaxy Fox marketplace is the go-to place for users to buy and sell NFTs, including temporary in-game attribute boosts. This creates a dynamic ecosystem for collectors and players alike. Staking Rewards for The Loyal Loyal Galaxy Fox holders are in for a treat – a 2% automatic addition to the Galaxy Fox Stargate with every transaction. The Stargate becomes the central hub for distributing rewards to staked $GFOX tokens, providing a continuous influx to the ecosystem and motivating dedicated holders to HODL. Financial Hub – The Treasury The Galaxy Fox token treasury acts as the financial heartbeat of the ecosystem. Reserved for development funding and community initiatives, it serves as a reservoir from which resources are drawn to support ongoing development, marketing efforts, and strategic endeavours. This transparent and accountable approach contributes to the sustainability and advancement of Galaxy Fox's goals and enhances the project's appeal as the best crypto to buy in 2023. Token Burn – A Unique Twist The $GFOX token introduces a fascinating feature known as "token burn," where a portion of tokens is permanently removed from circulation. This not only reduces the overall supply but enhances rarity and inherent value, adding a layer of scarcity and value to $GFOX tokens. Merchandise Magic Beyond the digital realm, Galaxy Fox offers a captivating range of merchandise inspired by its celestial journey. From clothing to collectibles, these items feature intricate designs, allowing enthusiasts to embrace the magic of the mystical realm in their fashion and collectibles. >>BUY $GFOX TOKENS<< Get in While There Still Time If you've been feeling like you missed the recent Bitcoin boom, Galaxy Fox offers an exciting opportunity to get in early on a project with a clear mission, diverse utility, and a vibrant community. With its innovative features and commitment to transformation, Galaxy Fox is set to carve its own niche in the ever-expanding crypto universe. Get ready for the adventure. The presale is ongoing and over 70% of the presale has been bought, leaving just a few available for those on the lookout for the next big returns. Learn more about $GFOX here: Visit Galaxy Fox Presale | Join the Community Memecoin market is saturated with silly dog coin knock-offs and dodgy Pepe joke coins. What was once a thriving and fun-filled space has lately devolved into a wasteland of coins that lack real utility or serious development – or even something just to make you laugh, like OG memcoins of the past Doge and Shiba Inu once inspired. Contact Details Team

December 08, 2023 01:00 PM Eastern Standard Time

Article thumbnail News Release

HTX Earn Introduces 3-Day Term for Shark Fin Products, Complementing existing 7-Day offerings: How to Choose?


The recent volatility in the cryptocurrency market has attracted increasing attention from both new and experienced crypto investors. Their primary concern revolves around the pursuit of stable returns, especially for newcomers. Shark Fin products, such as the 3-day and existing 7-day options from HTX Earn, present an attractive opportunity for achieving steady earnings. How do you select the Shark Fin product that suits you best and offers stable returns? Let's delve into HTX's Shark Fin products and explore the path to profitability. In September of this year, HTX Earn launched a Shark Fin product with a 7-day term, and soon the exchange will introduce a 3-day term option for their Shark Fin products. Advantages of Shark Fin Products Shark Fin, a structured product, offers investors basic returns regardless of market trends, be they bearish or bullish. Additionally, If you make accurate predictions about future market trends while investing, you can benefit from extra gains. Features of HTX Shark Fin Products: Assets subscribed to are fully safeguarded under any market conditions. When the product you have subscribed to reaches maturity, you will enjoy extra returns if the crypto price falls within your expected range. Otherwise, you will still earn a basic APY if the price moves outside your range. By choosing Shark Fin products, you will 1. Enjoy short term subscriptions with good liquidity. 2. Earn industry-leading APYs and basic returns, with your principals well protected. The basic return is higher than those provided by fixed-income products. Even if market predictions go awry, not much valuable time will be lost. 3. Benefit from "bearish" products, which serve as hedging tools. The platform's risk management system works to eliminate risks and keep your assets safe. 4. Make easy subscriptions with just a few clicks. Shark Fin products are ideal for risk-averse, conservative investors seeking stable returns. This includes professional investors, high-net-worth individuals, and those focused on diversification. These products enable you to secure basic gains while potentially earning additional profits, as expected. HTX 7-day Shark Fin: Impressive Performance HTX's 7-day Shark Fin has set itself apart from other similar products in the market with its remarkable performance since its launch in September this year. As of November 30, HTX has successfully issued 12 phases of the 7-day Shark Fin, each experiencing strong demand. The details are as follows: *Source: HTX exchange The table highlights the continuous increase in the subscription quota and individual subscription limits of HTX Shark Fin products, with 100 million USDT and 1 million USDT, respectively, in the latest phase, respectively. Additionally, the basic APYs of the products have remained between 6%-8%. Each phase of the products has reportedly experienced rapid and full subscription shortly after opening, indicating high user acceptance and participation. HTX's 3-day Shark Fin: Higher APYs, Faster Settlements, Earlier Earnings According to an official announcement from HTX, the Shark Fin products with a 3-day term will debut soon, available for subscription starting December 11, 2023, at 12:00 (UTC). These shorter-term products facilitate more flexible investments and offer four investment options: bullish BTC, bearish BTC, bullish ETH, and bearish ETH. The upcoming subscription cycle for these 3-day products features a total subscription quota of 30 million USDT and an individual subscription limit of 1-200k USDT. Additionally, HTX offers bonuses for these products, with APYs ranging from 10% to 30%, lasting for an entire month. (Note: The actual APY may vary due to market fluctuations; specific yields will be based on the actual returns generated by the products.) The key difference between HTX 7-day and 3-day Shark Fin products lies in the asset lockup period. You may choose between these two types of products based on your research and analysis of market trends. If you have a more confident outlook on longer-term market trends, the 7-day products may be more suitable, as they reduce the need for frequent investment operations. However, if the market experiences significant swings and shows profitable short-term market trends, the 3-day products can offer greater flexibility. Please note both types of Shark Fin products offer basic returns. It is worth mentioning that HTX will introduce a new "Auto-Renewal" feature for Shark Fin products by the end of this year. This feature allows for automatic subscription to the same product using your principal from the previous cycle, eliminating the need for repetitive manual operations in each phase. Shark Fin generates its basic returns from various assets on the platform, such as loans and margins, while extra returns come from options, providing investors with the opportunity to enjoy higher APYs. HTX Earn manages these assets with strict risk control models at different levels to ensure asset safety and stable returns. In appreciation for users' long-term support, HTX Earn also offers additional bonuses for Shark Fin. HTX's 3-day Shark Fin opens for subscriptions from every Monday at 12:00 (UTC) to every Tuesday at 12:00 (UTC), while the 7-day Shark Fin, from every Thursday at 12:00 (UTC) to every Friday at 12:00 (UTC). To make subscriptions for these amazing products, you can visit HTX's official website and select Shark Fin on the Earn page, or go to the HTX app and find HTX Earn for Shark Fin products. For a complete guide, please locate the Bulletin Board on the homepage > HTX Earn > User Guides. HTX Earn serves as a dependable instrument for the management of virtual assets, presenting a range of products that align with users' requirements. It guarantees the utmost security of assets, thanks to the exchange's robust risk management system. HTX Earn is purpose-built to deliver top-tier assets for daily passive income, coupled with a user-friendly interface that ensures a seamless and convenient wealth management experience. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang Company Website

December 08, 2023 12:23 PM Eastern Standard Time

Article thumbnail News Release

AI-Driven Media Discovery, Distribution and Monetization Platform VideoXRM Launches Funding Campaign


VideoXRM, the pioneering artificial intelligence (AI) driven, B2B video distribution and discovery platform, announces the launch a $500,000 offering on the digital private capital markets ecosystem. Capital from the offering will be used for the continued development and commercialization of the VideoXRM platform. The minimum investment is $300 and the offering deadline is January 31, 2024. Learn more at: Businesses increasingly utilize video and rich media to differentiate their benefits and to reach new audiences, yet most of this complex and unstructured content remains difficult if not impossible to find. VideoXRM brings expanded exposure and ROI to this high value content, that until now, has been virtually inaccessible via conventional search technologies. Utilizing proprietary AI-machine learning technology, metadata, and granular indexing, VideoXRM is able to automatically classify videos, audio, images, etc., enabling unparalleled media discovery. The platform is ideal for company to company and company to investor engagement, news media, researchers, supply chain and procurement managers, M&A sourcing, partnering and benchmarking. VideoXRM’s revenue streams will include promotional services, highly targeted video campaigns and premium content on a pay-per-view and pay-per-subscription basis. Initial revenue is targeted by year-end 2023. VideoXRM CEO, David N. Baker, commented, “Over the past 2 ½ years we have made huge progress building out the platform and business solely with internal funding. Our accomplishments include: Commercial Launch of the VideoXRM Platform Attracting 175 companies and 9,000 videos to the platform, with many content sources in the pipeline. Developing proprietary AI/Machine learning technology to extract video and audio metadata used to classify and index content within 140,000 industry categories. 2 Patents Issued and 3 Pending. “We are launching our Netcapital offering to fund our continued growth and enhancement of our platform. In Q1 2024 we will launch an entirely new aspect of our video platform, providing capabilities that will add substantial additional value for our customers and company. We hope you will join us on our journey to build the most powerful business media distribution and discovery platform to enable the leg of growth in video and rich media communications and commerce.” Connect with us on LinkedIn and Twitter and Facebook. About VideoXRM ( ) VideoXRM is an AI-driven, B2B media discovery, distribution, communication and monetization platform that connects corporate rich media content with all potential stakeholders. The platform and smart search technology creates value and knowledge from mountains of unstructured digital media, delivering greater ROI from content investments. VideoXRM’s mission is harnessing the enhanced communicative power of rich media through a new distribution and discovery paradigm. VideoXRM was Co-founded by David N. Baker, who formed Revere Data LLC (Sectorbase) which was acquired by FactSet Data Systems, Inc. His Co-founders are Vadim A. Tarasov, Byron Kwok, and David Guzy. Contact Details Catalyst IR David C. Collins +1 212-924-9800 Company Website

December 08, 2023 08:20 AM Eastern Standard Time

Article thumbnail News Release

Minuteman Press Franchise Review: King's Lynn Owners Paula & Keith Boyce Share Key Lessons Learned & Growth Insights for 2024

Minuteman Press International Inc

For nearly two decades, Paula and Keith Boyce have been the dynamic duo behind the Minuteman Press franchise in the vibrant town of King's Lynn, Norfolk, UK. Their journey has been nothing short of extraordinary, transforming their business from a traditional high street print shop into a cutting-edge powerhouse, delivering ingenious print solutions to a roster of prestigious corporate clients. The highlight of their journey came in 2021 when they received the coveted invitation to join the Minuteman Press International President’s Club, a testament to their unwavering dedication and relentless pursuit of excellence. Keith Boyce shares the nearly 20-year journey of Minuteman Press in King’s Lynn as well as the key lessons learned, growth insights for 2024, and advice for other owners. History of the Business According to Keith Boyce, “it all began in 2004 with the introduction to Minuteman Press International’s invaluable network of suppliers and partners.” With a focus on marketing, the Boyces conquered new markets, concentrating on delivering unparalleled service that shifted the conversation from price to value. This blueprint for success has powered year after year of remarkable growth, with one notable exception—2021 (during the height of the pandemic). So, what makes Minuteman King’s Lynn such a tour de force? Keith shares, “The system isn't a rigid framework; it's a catalyst for innovation. The transition from the bustling High Street to our present location at 12 Campbells Business Park was a thrilling exercise in adaptability, rooted in Minuteman Press' fundamental principles. Through open channels of communication, our entire team embraced opportunities.” Keith continues, “Then came the curveball – COVID-19. The world changed overnight, and our customers needed novel ways to engage with clients and expand their online presence. We already had a head start serving this market and seized this unique moment, igniting a spark of reinvention in the business, setting us apart from the competition. The reward? A robust financial position to propel us through this thrilling metamorphosis.” Growing the Business Today Today, Keith shares, “Our business is a perfect blend of tradition and innovation. Traditional core products still make up 50% of our operations. However, more recently in 2023 we took a bold leap forward by acquiring an apparel company. The remaining 50% is a whirlwind of online services, with virtual shops, print-on-demand, fulfilment, and drop-shipping at the forefront. These cutting-edge solutions are on everyone's lips as they adapt to the evolving business landscape. In 2023 and beyond, we are elated to provide ‘managed print services’ to 10 customers, with grand plans to expand to 20 in the coming year. The magic lies in the fact that our relationships with these customers evolve into vital partnerships, creating a vibrant ecosystem of success and learning.” What's next for Minuteman Press in King’s Lynn? Keith says, “Thankfully, the close-knit team and deep customer connections put us in a unique position. We know our customers inside and out, and partner ourselves with industry leaders. It's about weaving all these threads into a tapestry of opportunity. The market may throw curveballs, but we have pumped up the excitement in 2023 and heading into 2024 with a multi-channel marketing push. We are covering Google, social media, and a reinvigorated campaign to meet our existing, dormant, and new customers face to face.” Keith continues, “As Minuteman Head Office puts it, there's direct marketing, and then there's everything else! This is the fundamental tenet of our ongoing quest for year-on-year growth. We also strive to achieve this with careful consideration of our environmental footprint and the need to focus on sustainability, which is a big point of focus here in the UK.” Key Lessons Learned & Advice for Others Keith concludes by sharing, “The most gripping lessons we’ve learned in our 19-year journey are that marketing and nurturing new & existing customers is an unending adventure. It's about keeping focus on profitability and aligning your employees with stretching objectives and lofty goals. Innovating, problem solving, establishing new revenue streams, all with a view to support customers’ needs is what being a part of the franchise family is all about—boldly venturing into the unknown, setting sights high, and writing our success story, one thrilling chapter at a time.” For more information on Minuteman Press in King’s Lynn, England, visit Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 Company Website

December 08, 2023 05:00 AM Eastern Standard Time

Article thumbnail News Release

Revolutionizing trucking safety: Cepton's LiDAR technology takes the wheel for semi safety

Cepton Inc

Cepton, Inc. Senior Vice President of Product Brunno Moretti joined Steve Darling from Proactive to discuss the crucial role of LiDAR technology in enhancing safety within the trucking industry in a recent interview. With a focus on the challenges posed by the sheer size and weight of semi-trucks, Moretti emphasized the need for effective detection systems, especially for autonomous and advanced driver assistance systems. LiDAR, capable of long-distance detection (over 300 meters) of small objects, addresses these concerns by providing comprehensive coverage around the vehicle, creating a protective cocoon. The technology aids in various safety aspects, including preventing trailer sway and jackknifing and ensuring safe parking. Moretti highlighted Cepton's engagement in Request for Quote (RFQ) discussions with major semi companies for autonomous driving applications, indicating a positive response and growing interest in LiDAR solutions. As the trucking industry continues to expand, the integration of LiDAR technology is poised to play a crucial role in promoting safer transportation. Contact Details Proactive Investors +1 604-688-8158

December 07, 2023 01:59 PM Eastern Standard Time

Article thumbnail News Release

Independent Report shows Nano One’s One-Pot Process significantly reduces greenhouse gas emissions

Nano One Materials Corp

Nano One Materials Corp chief operating officer Alex Holmes joined Steve Darling from Proactive to share news the company has announced an independent life cycle assessment of its proprietary One-Pot Process has demonstrated the potential to significantly reduce greenhouse gas emissions. Specifically, this process could lead to a reduction of up to 60% in emissions for the production of nickel-rich NMC811 CAM and up to 50% for LFP CAM. This reduction is crucial in addressing environmental concerns and aligns with global efforts to combat climate change by reducing carbon footprints in various industries. Engineering studies have also shown that the One-Pot Process is highly efficient in its water usage, consuming up to 60% less water compared to incumbent processes. Water conservation is vital for sustainable manufacturing practices, especially in regions facing water scarcity or where water resources need to be conserved for other critical needs. Nano One's breakthrough technology not only contributes to the reduction of greenhouse gas emissions and water usage but also positions the company as a leader in cost-effective solutions for a cleaner global transition to net-zero emissions. As the world strives to achieve sustainability goals, innovations like Nano One's One-Pot Process are instrumental in accelerating progress. Contact Details Proactive USA +1 347-449-0879

December 07, 2023 01:14 PM Eastern Standard Time

Article thumbnail News Release

Comcast and Mt. Hood Cable Regulatory Commission Commit $2 Million to Shrink Digital Divide in Multnomah County

Comcast Oregon / SW Washington

Comcast and the Mt. Hood Cable Regulatory Commission today announced a new $2 million investment in Free Geek, a leading local non-profit advancing economic equity through technology training and career building. This investment will help the most disconnected communities in Multnomah County get online and receive the resources, devices and technology education needed to advance digital skills for education and work, enhance economic mobility, and promote digital equity. “We see firsthand that the digital divide continues to be a persistent challenge for communities in Multnomah County. East Portland, Gresham, Fairview, Wood Village, and Troutdale are home to some of our most disconnected communities. More than 3,000 residents do not own a computer and many others don’t know how to use it effectively,” said Juan Muro, Executive Director, Free Geek. “This investment will ensure that these families have the same benefits as others and their children have access to online resources to be successful in school.” Free Geek will use the investment to help bridge the digital divide by working to connect more people to the internet and getting devices into the hands of people who need them. In addition, Free Geek will serve as consultants to enable community partners to expand their own digital equity programs in alignment with the region's Digital Equity Action Plan, which is focused on helping the most vulnerable communities in Portland and Multnomah County. "All Oregonians should be able to access the internet in order to connect with educational, health care, and economic opportunities," Governor Tina Kotek said. “Together, with public and private partners, we are working towards a common purpose of empowering individuals to get online, enhance digital skills, and advance economic mobility.” Free Geek will also bring additional capacity to its network of community partners as they work to remove barriers to broadband adoption. This includes addressing the lack of awareness about how to participate in the federal government’s Affordable Connectivity Program (ACP), which provides eligible low-income households with a credit of up to $30 per month toward their internet and/or mobile service – $75 per month on tribal lands, as well as the wider availability of free digital skills programs. “The MHCRC has a long history of advocating for digital equity through access to and use of telecommunications technology through public-private partnerships. We are excited to be able to partner with Comcast and Free Geek to bring this resource to the community at a time when funding and support for local efforts in urban communities is limited,” said Julia DeGraw, Chair, MHCRC. Today’s announcement is the latest example of investment in Oregon under Comcast’s Project UP program, a comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Earlier this year, the company invested $300,000 to advance digital equity and economic opportunity in the greater Portland area. At that time, Comcast and Free Geek joined together to launch a Lift Zone, which provides free WiFi at the new Center for Technology Education & Digital Equity, and scale a Digital Navigators program that will help connect more people in the area to the internet and teach them how to use it. “While high-speed internet is widely available in Multnomah County, the unfortunate reality is that not everyone has the resources and digital skills they need to benefit from it,” said Comcast Pacific Northwest Region Senior Vice President Rodrigo Lopez. “By continuing our partnership with Free Geek, we are creating a more prepared and inclusive workforce and ensuring that communities in the Greater Portland area are not left behind.” Over the last three years, Comcast has provided $5.8 million in financial and in-kind charitable contributions to Oregon nonprofits. These contributions support local community programs that help establish and promote the company’s Digital Equity Network in Oregon. The efforts also enable partner organizations to acquire technology equipment, provide digital skills trainings, and offer opportunities for community members to explore and train for careers in tech-related fields, or to develop the kinds of technology skills that can help them launch and grow their own businesses. Thanks to the ACP, eligible Comcast customers can get home Internet either through Comcast’s Internet Essentials or Internet Essentials Plus service tiers at no cost, once the federal credit is applied. Internet Essentials customers can also add a line of unlimited 5G cellular data ($45/month) through Xfinity Mobile for as little as $24.95/month, after the ACP benefit is applied. For more information about Project UP and Comcast’s commitment to education and digital equity, please visit To apply for ACP or Internet Essentials visit or or call 1-855-846-8376 for English or 1-855-765-6995 for Spanish. About Mt. Hood Cable Regulatory Commission: Mt. Hood Cable Regulatory Commission represents the cities of Fairview, Gresham, Portland, Troutdale, and Wood Village, and Multnomah County. The Commission is comprised of eight volunteers who represent the communities’ cable communications technology needs and collaborate to ensure the region benefits from cable service franchise agreements. About Free Geek: Free Geek is a Portland-based non-profit organization with a mission to repurpose technology and discover sustainable solutions while providing educational resources. Its ultimate aim is to foster a vibrant community where individuals are empowered to unlock their full potential. Through their dedicated efforts, they strive to transform the world by leveraging technology, sustainability, and education to create a brighter, more inclusive future, where every individual has the opportunity to thrive and make a meaningful impact. 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. Contact Details Rachael Arnold +1 503-924-9272 Company Website

December 07, 2023 10:00 AM Pacific Standard Time

12345 ... 481