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NAWIC Philadelphia Foundation partners with NEST to Bring Hands-On Construction Camp for Girls this Summer

NEST

Middle school and high school-age girls from the Philadelphia area will attend a complimentary in-person construction camp this summer to provide real-world experience, mentorship, and education about the opportunities that exist in the construction industry, regardless of gender. The camp is called MyWIC, which stands for Mentoring young Women In Construction, and will take place two days per week in Philadelphia between July 12 and Aug. 17, 2021. MyWIC is run by the NAWIC Philadelphia Foundation, which partnered with companies like NEST, a leading national facilities management company to make it a reality. “Many girls are unaware that a career in construction can be extremely fun and financially rewarding,” said Mary Gaffney, NAWIC Phila. Foundation Treasurer. “Through the MyWIC camp, we work to promote construction awareness as well as leadership and team-building skills, build self-confidence, self-esteem, and boost their overall self-image.” “We can give these girls an incredible experience thanks to the support of companies like NEST, who is providing resources and expertise through their network of major retail partners here in Philadelphia and across the country,” added Gaffney. “Supporting the next generation of women in the construction industry is extremely important to us at NEST,” said Rob Almond, CEO of NEST. “We have a shortage of skilled men and women across the industry and the attendance in trade schools has seen a downward trend. Helping build up the profession of working in the trades has been a passion of mine for years.” The day camps will take place at several locations throughout the Philadelphia area during the months of July (12 th, 13 th, 19 th, 20 th, 26 th, 27 th ) and August (2 nd, 3 rd, 9 th, 10 th, 16 th, and 17 th ). About Mentoring Young Women In Construction Mentoring young Women In Construction (MyWIC) is a free, construction industry, day camp for 7 th through 12 th -grade girls in the Philadelphia region. MyWIC is organized and run by the NAWIC Philadelphia Foundation, a 501(C)3 non-profit organization, and sponsored by various organizations throughout the Philadelphia region. About National Association of Women in Construction With more than 115 chapters across the country, the National Association of Women in Construction (NAWIC) offers its members education, support, and networking to help advance women’s careers in construction, build their technical skills, and become leaders. NAWIC’s core purpose is to strengthen and amplify the success of women in the construction industry from tradeswomen to business owners. The Philadelphia Chapter of NAWIC and the NAWIC Philadelphia Foundation are volunteer organizations. About NEST NEST is the pioneer of the Integrated Facilities Management (IFM) industry in the United States and Canada since 1994. NEST’s Integrated Facilities Management solution pairs financial acumen and business analytics with a strategic consultative approach. Real-time data, reporting, and analytics technology empower business leaders and facility management teams with the informed insights that enable them to make smarter decisions. To learn more about NEST, visit enterNEST.com or follow NEST on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.enternest.com/

June 22, 2021 09:03 AM Eastern Daylight Time

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Mike Bako’s Father’s Day Gifts That Will Become Year-Round Favorites

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/nP0A1xC4D6k After the year that we have all collectively had, parents around the globe deserve a round of applause. Endless Zoom meetings? Check. Kids screaming during endless Zoom meetings. Check. So, this year, skip out on generic, run-of-the-mills presents and give the dad figure in your life a gift that keeps on giving Thinking about what to get dad for Father’s Day? Wondering what to get for the guy who has everything? Looking to avoid cliched gifts like ties and coffee mugs? You’re not alone. With Father’s Day around the corner, many of us are scrambling to figure out the perfect gift for dad, without resorting to old standbys. This year, it’s time to get creative, and find something Dad will actually use and enjoy. Be Smart with Your Spending: If industry predictions are correct there will be record spending, so expect a banner year for all the dads out there. In its annual survey, the National Retail Federation said US consumers are expected to spend more than $20 billion dollars on gifts and other items for Father's Day this year, that is a record high. With that said, spending wisely is definitely something dad would want you to do. So, if you are getting dad a gift, make sure it is something he will love and use financial sense by splitting up your payments with Afterpay. Afterpay partners with thousands of brands and retailers to offer interest-free installment payments to shoppers. With Afterpay, you can get the perfect gift for dad right away but pay for it over time by breaking up the cost into four equal installments, due every two weeks. Shoppers can refer to Afterpay's Shop Directory at Afterpay.com or through its app to browse all of their brand partners across both e-commerce and in-store. Afterpay is available in-store with brands like Dick’s Sporting Goods, Finish Line, JD Sports, Carhartt, Chubbies ….so many more. Great options for Father’s Day gifts. www.Afterpay.com @afterpayusa GROOMING: Dad’s might not admit it but taking care of their skin and smelling good is something they care about and as we head into the steamy summer months its even more important to have products that will work and keep us fresh. Old Spice has two products that can help upgrade any dad’s skincare routine. Old Spice’s Daily Hydration Hand & Body Lotion features a lightweight formula infused with shea butter to deeply condition dry, irritating skin. This lotion provides all-day hydration. Put it on in the morning after a shower to start the day and you are all set. If you are looking for a great gift to supplement something larger or if buying on a budget there’s Old Spice’s Clinical Sweat Defense Anti-perspirant/Deodorant. It was recently selected as an “Expert Pick” in the 2021 Men’s Health Grooming Awards and features 5 in 1 protection power, with 73 hours of proven sweat protection, making it the best defense against sweat and odor for the dad in your life Even during these hot summer days, it provides even the most active guys with superior wetness protection. You can impress dad and show that you’ve done your research because this is tested and backed by dermatologists with skin moisturizers and formulated to be gentle on skin. Daily Hydration Hand & Body Lotion - LINKED HERE Clinical Sweat Defense – LINKED HERE Instagram: @oldspice Twitter: @oldspice https://www.facebook.com/OldSpice/ About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 18, 2021 12:20 PM Eastern Daylight Time

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New Research from HPL Digital Sport Finds Divide Between Sports Betting Executives and Bettors on How to Acquire and Retain Users

HPL Digital Sport

Today, HPL Digital Sport (HPLDS), a specialty group within Hot Paper Lantern, that helps sports betting, fantasy sports and sports technology companies create greater brand relevance, released its new study “ 2021 State of the Sports Betting Industry - Executive Perceptions vs. User Realities. ” Two separate surveys were conducted to create the study: the first, developed in partnership with SBC Americas, is a first-of-its-kind report measuring the perceptions and attitudes of nearly 200 sports betting executives; a second survey, facilitated by YouGov, on behalf of HPLDS, questioned more than 800 American sports bettors, asking their opinions on how to best engage with them and retain their business, future betting capabilities needs and their betting habits and preferences. The data found that sports betting executives and sports bettors were not aligned on what is most important in acquiring and retaining users. Executives resoundingly said that having a superior product (55%) was the key to gaining users more than other elements like having strong customer service (13%), content (12%) or brand (11%). Bettors countered that sentiment, indicating that brand reputation and trust (47%) among betting sites/platforms was the most important factor in engaging them and retaining their attention. “The sports betting market in the US is extremely competitive. Our data found that the average sports bettor limits their use to only two to three sports betting platforms. So, it’s clearly important for these platforms to better be in tune with their audiences to create greater appeal to both acquire and retain their business,” said Ed Moed, CEO of HPLDS. “Having a compelling, user-friendly product will always be important to build a larger share of this growing sports betting audience. But, it feels like this could be happening at the expense of investing in their brands. The data doesn’t lie. This is a real problem with any strategy that doesn’t include figuring out ways to create greater brand relevance within this hotly competitive space.” Apart from the divide on the topic of product vs. brand, the study uncovered compelling insights on the future capabilities in sports betting, how different demographics view the importance of certain sports betting elements, how women bettors as an audience are growing and are being overlooked and the constant presence of the illegal sports betting markets. Future capabilities of sports betting Three-fourths (75%) of executives stated that they are planning to launch new products, innovations, technology or gameplay in 2021. Technology providers, content producers and data providers are all signaling a major push towards in-play betting and in-stadium/arena lounges. Bettors indicated that while they are excited about elevated betting experiences like in-play betting, when asked about future sports betting capabilities, having more social betting experiences rose to the forefront. Social betting (31%) and retail betting (31%) outpaced more popular media talking points like in-play betting (26%), loyalty programs (25%) and in-stadium/arena betting (24%). Creating differentiation by targeting specific demographic preferences When asking bettors about their overall experience and ranking the importance of certain sports betting elements leading them to frequently using a betting site or app, users provided a roadmap for how companies should think about targeting them. General Public Retention Roadmap Brand reputation/trust - 47% High level product/experience - 45% Ease of financial transactions - 43% Better odds and promotions - 38% Expert content - 35% Referred by friends or family - 34% Social media content that drives me to engage with the brand - 33% I like their advertisements/celebrity endorsements - 30% Breaking down that road map by age and gender it becomes clear that not all bettors find the same elements important. Gen Z, for instance, doesn’t view brand as important as other groups. While every other demographic listed brand reputation/trust (Millennials - 46%; Gen X - 53%; Boomers - 56%) as its most important retention factor. Conversely, Gen Z views referrals by family or friends (42%) as more important than brand (39%). The social experience of sports betting for Gen Z and Millennials is heightened even more when looking at how they view social media content compared to the Gen X and Boomer markets. Both Gen Z and Millennials (38%) noted social media that drives them to engage with the brand as a leading retention factor. Gen X (22%) and Boomers (14%) however don’t see the value in social media and listed it at the bottom of their priorities. Boomers and Gen X audiences follow traditional thinking surrounding sports betting, which is more functional and practical than the social experience prioritized by Gen Z and Millennials. Both Boomers (50%) and Gen X (47%) feel that odds and promotions are an important part of their experience, while odds seem to be deprioritized by Millennials (38%) and Gen Z (28%). “The potential for in-play betting in the American market is incredible,” said Moed. “While bettors are excited about in-play betting, the data shows that bettors are looking for an immersive social betting experience including retail betting and betting with friends and family. The importance of social interaction, content and sharing capabilities and social betting, should not be downplayed or overlooked.” Women bettors - An underserved market While most sports betting messaging is general or leaning male, women bettors are gaining ground as a significant segment of the market. The study found that one-in-three (33%) bettors are women. That is an increase of 5-points from HPLDS’ State of the New Sports Bettor study released in May 2020. When it comes to the most active bettors, ones that make daily bets, women (17%) are evenly split with men (18%). The data also shows that women bettors show many similarities with male bettors compared to the importance of brand, product, and ease of financial transactions. But women deviate their priorities from men when it comes to the importance of social components in sports betting. Women bettors prioritize friends and family referrals (41% women vs. 31% men) and the use of engaging social media content (38% women vs. 30% men) to keep them interested in frequenting a particular betting site or app. “The industry can’t continue to afford overlooking the growing number of women bettors in the market,” said Moed. “The audience is clearly telling us that they need to be able to trust the platforms they use. And, that trust often comes from referrals and those who are credible through social media. I don’t know if the typical promo advertising that is prevalent will work with this pickier audience. Instead, they will believe brands that are deemed as credible and recommended by many who matter.” The Continued Prominence of the Black and Gray Market Bettors stated that betting through illegal markets is still a prominent channel in 2021. More than a third of bettors are using illegal channels to place a bet (20% of bettors use offshore sportsbooks and 17% use a bookie). “We have a long way to go when more than one-third of our sample is using illegal or off-shore resources to bet,” said Moed. “I think some of this is quite normal and as the industry continues to build momentum and experience enormous growth, bettors will quite naturally turn to platforms that are legal here in the U.S. But, even if this percentage is cut in half, it means that there is still a large part of the betting population who needs to be communicated to, educated and turned towards this marketplace.” For more information on HPLDS and to view the report please visit, hpldigitalsport.com. About HPL Digital Sport Hot Paper Lantern Digital Sport is a specialty group within Hot Paper Lantern (HPL) that works with sports betting, fantasy and sports technology brands to build greater brand relevance and acquire new audiences. The group’s unique value proposition is how it leverages years of deep expertise in this category with the way it integrates specific services such as: strategic branding, customer research/analytics, performance marketing, public relations and social media strategy, experiential and high level creative design to generate results. Contact Details Hot Paper Lantern Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.hpldigitalsport.com/

June 14, 2021 10:01 AM Eastern Daylight Time

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Colombia and Argentina Under the Same Beat!

Nevarez Communications

-- Courtesy: Nevarez Communications - Download Press Photos HERE. -- -- In 2020, Nobeat reached the prominent list of Latin producers on Billboard as one of the ten most important producers of the industry -- -- ‘Hailing from Santa Marta, Colombia Nobeat comes with his captivating hybrid sound and deep, raspy vocals’ - Billboard -- -- The multi-hyphenated artist arrives to grab industry shakers and global listeners’ attention.' - HOLA! USA -- -- ‘Nobeat among the rising stars of the new generation who aspire to grow and excel.’ - Primera Hora -- -- Listen to ‘Medio Crazy’ HERE. -- MIAMI, FL - June 4, 2021 - (LATINX NEWSWIRE) - After sharing the success of their global hit “Ayer Me Llamó Mi Ex”, Colombian music prodigy Nobeat and Argentinian trap star KHEA has joined forces, once again, to revolutionize the music industry with avant-garde styles and sounds that will take them around the world. This new song, “Medio Crazy”, fuses retro rhythms with modern sounds, using dancehall and reggaeton beats with a touch of funk sounds from the 80’s. In this way, the Colombian producer and performer Nobeat demonstrates his genius when it comes to mixing sounds and, without a doubt, he will hypnotize the audience with this song the only way he knows how. Listen to “Medio Crazy” HERE via Interscope Records on all digital music platforms. Produced by Nobeat and written by both artists [KHEA and Nobeat], “Medio Crazy” is a danceable track, considered by the Colombian producer as a track that rises in level as the lyrics progress. “It is a song that never falls but advances, in terms of sound, while the lyrics have a current factor so that all youth can identify with it. That is why we use simple language, like when we chat on WhatsApp,” said Nobeat, who explained that when he creates a song he is inspired, mostly, by the beat. Furthermore, “Medio Crazy” is a song dedicated to women who consider themselves crazy or toxic, an adjective that today is almost a compliment, “... even if she is half crazy we tell her that she is much better than the others because suddenly she can be more sincere, honest and respectful,” added Nobeat about the meaning of the lyrics. On the other hand, working again with the greatest Argentinian trap singer, KHEA, is a great opportunity for Nobeat to continue expanding his music and his career to a higher level. “Since I had previously worked with KHEA on ‘Ayer Me Llamó Mi Ex,’ I knew exactly what would look good with his voice and style; I think we created the perfect combination. Also, whenever we’re in the studio there is a connection and that can be felt in the final product,” expressed Nobeat about his collaboration with KHEA, which he is sure will open many doors for him. The music video, directed by Latin GRAMMY® nominee Charlie Nelson, was filmed in Miami, FL. The clip shows two "half crazy" women, who after a party and total lack of control, wake up in a house all for themselves. After sharing their madness and complicity between them with dangerous games using knives, they realize that there are two men in the house (Nobeat and KHEA), they confront them in the midst of their impudence and keep them captive. Recently, Nobeat produced Lele Pons' anthem “Se Te Nota” (with Guaynaa) and “Ayer Me Llamó Mi Ex” [with KHEA, Natti Natasha, Prince Royce, Lenny Santos], which reached Spotify's Global Top 50, becoming one of the most wanted producers in the Latin music scenario. This led him to position himself in the prominent list of Latin producers on Billboard as one of the 10 most important producers in the industry. Simultaneously, the 21-year-old artist has released solo singles at a prolific pace, such as "Perreo Sano," "Snicker," “La Pasé Cabrón,” and the summer hit song "Vámonos.'' Nobeat was recognized as a prodigy in his hometown in Santa Marta (Colombia), after accompanying the local orchestra when he was only six years old. He spent the next ten years playing piano and violin, as well as studying jazz and classical music. At the age of 15, he received the first of two scholarships from the Latin Academy of Recording Arts and Sciences ( Latin GRAMMY® ); shortly thereafter, he began producing and writing. At the age of 16, the download of a music app opened his eyes to the culture of playlists, while choosing between reggaeton, dancehall, trap, jazz, funk, hip-hop, R&B, salsa and afro rhythms, he began creating a musical hybrid style. Watch the music video for “Medio Crazy” HERE. Follow Nobeat on Social Media: Instagram Facebook Twitter YouTube Follow KHEA on Social Media: Instagram Facebook Twitter YouTube About Nobeat Colombian composer and musical prodigy, Nobeat, has become one of the most sought-after collaborators in the industry today. Born into a musical family, Nobeat learned to play both the violin and piano at a young age. His extraordinary ability to listen and immediately perform without reading notes surprised his family and other musicians. His talents would lead him to win the Latin Grammy Foundation Scholarship twice, one after the other. He ultimately decided to pursue his career as a full-time producer where he would go on to sign with Interscope Records. He released his first song “Ontas” in 2019 which has amassed more than 1 million views. He is also the producer behind global hits such as “Se Te Nota” and “Ayer Me Llamó Mi Ex Remix” that have a combined total of 468 million views on YouTube and 288 million streams on Spotify. Billboard even recognized him as one of “17 Latino Male Artists to Discover During Quarantine” and subsequently listed him as “One of the 10 most important producers in the industry”. Nobeat is a force to be reckoned with and his latest release “La Pasé Cabrón” proves just that with already racking up 1 million views on YouTube in just under a month. About Khea At only 20-years-old, Argentine artist KHEA fueled the explosion of Latin American trap to worldwide prominence. After quietly developing a sound of his own, he leapt to global renown with the 2017 single “LOCA.” Boosted by the remix alongside international superstar Bad Bunny, the song surpassed a staggering 1 billion combined streams. It also paved the way for a string of hits such as "Vete" (209 million views), "Se Motiva" (174 million views), and "Como Le Digo" (142 million views). Indicative of his versatility, he had the opportunity to collaborate with Blackbear on the song “Hot Girl Bummer” and with One Republic on “Better Days”. In 2019, he inked a deal with Interscope Records and joined the management roster of Electric Feel as the company’s first Latin act, in partnership with manager Austin Barmak. He also signed with agency WME and was one of only three Latin artists to participate in Europe’s main festivals. Expanding one of his biggest gold-selling bangers of 2020, KHEA released the official remix of “Ayer Me Llamó Mi Ex” with Natti Natasha and Prince Royce” [feat. Lenny Santos]. In less than 24 hours, the song debuted #1 on YouTube in Argentina and Uruguay, received more than 177 million views so far and has entered at No. 50 on Billboard’s Global Excl. U.S. chart and No. 77 on the Global 200. In December 2020, he released his song “KELOKE” along with the official video, where KHEA is tormented by his demons of love and showcases a style much more soft and romantic than what his fans are used to. The song already has more than 14 million views on YouTube and 6 million streams on Spotify. KHEA started the new year strong as Billboard’s Latin Artist on the Rise in February and continues to display his talent with new releases such as “tu msj </3” and “Mood” with critically acclaimed singer-songwriter Rita Ora. His latest single “WACHA” with Duki debuted at #5 on Spotify’s Top Debut Songs Global chart, and the official video, which has already surpassed 45 million views on YouTube, trended in 16 countries. About Interscope Records Combining the legacies of three of the most influential record labels in modern music history, Interscope Geffen A&M embarked on a new tradition of musical achievement with its unification on January 1, 1999. Headed by Chairman and CEO John Janick, Interscope Geffen A&M is a major force in global music, developing chart-topping artists across a wide range of musical genres including rock, rap, pop, alternative and Latin. Interscope Geffen A&M is part of Universal Music Group, the world’s largest music company www.interscope.com. Contact Details Mayna Nevarez +1 305-591-3571 mayna@nevarezpr.com Company Website https://www.nevarezpr.com/

June 04, 2021 02:30 PM Eastern Daylight Time

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DONORSTRUST STATEMENT ON PASSING OF PHILANTHROPIC LEGEND FOSTER FRIESS

Donors Trust

The team at DonorsTrust, a donor advised fund committed to encouraging philanthropic giving and protecting donor intent, was saddened to learn of the passing of Foster Friess. The organization issued the following statements and condolences to his family and many friends: Foster Friess knew that generosity compounds. Never without a smile, a kind word, or a joke, he lived out his faith and his principles through his exceptional philanthropic giving. That giving only grew as the years passed. We are saddened to hear of his passing. He will be greatly missed but know that the impact of his life will no doubt continue to benefit generations to come. “Foster was someone I greatly admire,” stated DonorsTrust CEO Lawson Bader. “He was a charitable guy who aligned his giving with his principles. More importantly, his legacy will be one of great philanthropy and that is always worth celebrating.” “Foster Friess was one of the kindest men I ever had the privilege to cross paths with, and perhaps the happiest,” stated Peter Lipsett, Vice President of DonorsTrust. “I saw him just last month at an event. He was in high spirits and still so upbeat about life and clear on his purpose. He will be missed.” It is estimated that Foster Friess and his family gave away more than half a billion dollars to various causes, helping people and advancing liberty. He gave with purpose and passion making positive differences in the lives of many – an amazing example the power of philanthropic giving. ### Established in 1999 as a 501(c)(3) public charity, DonorsTrust is a community of donors devoted to creating a better future. Our donors support charities they believe protect our Nation’s constitutional liberties and strengthen civil society through private institutions rather than with government programs. Our boutique size lets us offer our donors personal attention and advice that helps them achieve their philanthropic goals. We ensure that our donors’ intentions are protected and offer them a simple, effective and tax-advantaged way to give. Since inception, DonorsTrust has granted out over $1.5 billion to over 4,000 charities that protect our constitutional liberties and strengthen civil society without government funding. Contact Details Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.donorstrust.org/

May 28, 2021 01:15 PM Eastern Daylight Time

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Rising expectation of ‘cashless’ societies worldwide: a second annual report by the Economist Intelligence Unit (EIU), shows growing acceptance of digital currencies, accelerated by covid-19

The Economist Intelligence Unit

● Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation. ● A cashless trend was already strong, according to the previous year’s research but in 2021, covid-19 prompted more movement away from physical cash. In 2020, only about 72% of respondents said that their country was likely to become a cashless society; that grew to over 81% this year. Meanwhile, the percent of respondents believing their country would never become cashless, saw a stark drop from 28% to 19%. ● While transaction settlement is a main function of any currency, digital or otherwise, the institutional investor and corporate treasurer respondents in the EIU research appear to be using digital currencies more as a store of value with a deflationary hedge than purely as a settlement option. ● About 76% of corporate treasury and institutional investor executives say covid-19 accelerated demand for, and adoption of, digital currencies. ● The concept of a digital currency playing a role as a “digital gold” asset in corporate treasuries or institutional investor portfolios is gaining acceptance among executives. HONG KONG SAR - Media OutReach - 26 May 2021 - In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally. In February and March of 2021, a new survey set out to gauge how sentiment has changed in the past year. Results from this year indicate favour for both digital transactions and currencies has risen further. Over the past 12 months, 27% of survey respondents report that they always (as close to 100% of purchases as possible) use digital payments instead of physical banknotes, coins or credit cards versus 22% in the previous year’s study. Examining the metric from the opposite angle—those reporting only very rare use of digital payment options—the rate declined from 14% to 12%, indicating a shrinking holdout for physical cash. Further details on comparative annual results, along with the 2020 survey, can be found at Digimentality 2021, commissioned by crypto.com. While there are a variety of ways people can transact digitally—including smartphone apps or digital currencies—the most common form of digital currency consumers recognise is the open-source variety, typically called a cryptocurrency—such as Bitcoin. Cryptocurrencies remain the most commonly known form of digital currency options; more than half (55%) of consumers in the 2021 survey say they are aware of them even if they have never owned or used one. Despite increased media coverage of CBDCs recently, it was still the least recognized form of digital currency. The covid-19 crisis has contributed to digital currency awareness, with about half of the consumer respondents agreeing that the pandemic has heightened the use case for a cryptocurrency. The pandemic had an even more marked influence on institutional and corporate executives, who were tested in a supplementary survey during the same time period; about 76% of executives say covid-19 has accelerated demand for and adoption of digital currencies. The executive survey had deeper questions on how digital currencies play a role in either corporate treasuries or institutional investor portfolios. While a majority of respondents classified a digital currency as something that should be used primarily for transactional purposes (ie settling payments), the most common commercial uses presently appear to be for capital appreciation and asset diversification. A key finding in the report, which includes interviews with Henri Arslanian, PwC’s crypto lead, and Mathew McDermott, managing director and global head of digital assets for Goldman Sachs, is corporate and institutional support for the concept of a digital currency playing a role similar to gold in a portfolio. As a notional “digital gold”, cryptocurrencies can hold similar patterns in terms of limited supply, being authenticatable and dividable, and providing a level of diversity in asset allocation and value storage. However, regulatory, trust and technological-understanding concerns linger. Jason Wincuinas, the Economist Intelligence Unit editor who spearheaded the report said: “Money is rapidly evolving. Only a few years ago there seemed to be very little commercial or popular support for even the idea of a digital currency and within the past year, we’ve seen several governments announce new plans to create digital versions of their currencies. It’s like a new space race on that level. At the same time, we’ve seen interest and trust in cryptocurrencies grow among consumers. Now that we’ve added perspective from some of money’s heaviest users—corporate treasuries and institutional investors—we have a more comprehensive view of how digital currencies might evolve. Sentiment on the institutional side of the scale already seems much higher than expected.” More detail on how institutional investors and corporate treasurers use or expect to use different forms of digital currencies can be found in the full report, as well as year-over-year comparisons on consumer sentiment. Visit digitalcurrency.economist.com for the full report. About the research Digimentality—digital currency from fear to inflection is a report from The Economist Intelligence Unit, commissioned by Crypto.com, exploring the extent to which digital payments and currencies are trusted by consumers and what barriers may exist to basic monetary functions becoming predominantly electronic or digital. The analysis is now bolstered with a survey of corporate treasurers and asset managers. Both the consumer and executive surveys were conducted through February and March of 2021. About half of the consumer respondents came from developed economies, and half from developing ones. The full demographics are available at digitalcurrency.economist.com. The consumer survey tested 3,053 respondents across Asia, Europe and North America; the second part of the report draws from a survey of 200 institutional investor and corporate treasury management respondents in the same regions. About The Economist Intelligence Unit The EIU is the thought leadership, research and analysis division of The Economist Group and the world leader in global business intelligence for executives. We uncover novel and forward-looking perspectives with access to over 650 expert analysts and editors across 200 countries worldwide. More information can be found on www.eiuperspectives.economist.com. Follow us on Twitter, LinkedIn and Facebook. About Crypto.com Founded in 2016, Crypto.com today serves over 10 million customers with the world's fastest growing crypto app, along with the Crypto.com Visa Card — the world's largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, curated carefully from the worlds of art, design, entertainment, sports. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks. Crypto.com is headquartered in Hong Kong with a 1,000+ strong team. Find out more by visiting https://crypto.com Contact Details The Economist Intelligence Unit Alice Tong, head of marketing, content solutions, Asia alicetong@economist.com The Economist Intelligence Unit Jason Wincuinas, senior editor, thought leadership and public policy jasonwincuinas@economist.com

May 26, 2021 12:01 PM Eastern Daylight Time

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Apple Named in Federal Antitrust Lawsuit Filed by Entertainment Company

Primary Productions, LLC

Primary Productions LLC recently charged Apple with antitrust violations of the Sherman Act, alleging restraint of trade for how the technology giant inhibits developer access to Apple’s App Store and userbase. The suit seeks class-action status on behalf of millions of software developers that are blocked from the App Store in favor of apps developed by Apple and its cronies. The complaint states it is first-to-file such a case protecting developers of free apps. In 2018, the group developed an app designed to educate the public about blockchain wallets by distributing hundreds of millions of dollars of free digital blockchain encryption currency, aka cryptocurrency. Apple killed the app before release because it allegedly threatened Apple’s low-price gaming Apple Arcade. Anticompetitive exclusion from a marketplace, such as that of smartphone enhanced internet commerce, is prohibited by civil and criminal code formalized as the Sherman Act of 1890. The lawsuit states that “Apple has so far distanced the independent developer from direct access to his or her audience, that critical commerce is restrained in violation of the Sherman Act.” The lawsuit further states that “in 2021 alone, as of filing, Apple has already rejected one million apps, representing millions of person-hours of lost work, all to appease the Apple giant.” “Apple is a monopsony retail buyer of apps, and hence underpays developers, even those of free apps, when it disallows them or suppresses their ranking on the App Store,” said attorney Keith Mathews. “Broader than existing Apple antitrust litigation, this case finally protects independent developers of free apps.” As for solutions beyond monetary damages, which could exceed $100 billion, the lawsuit demands an injunction requiring Apple to permit due process before denying an app, via an “App Court” to act independently and thereby avoid the problem of favoritism and cronyism. Attorney Mathews’ firm, Associated Attorneys of New England, seeks to join the New Hampshire-based Coronavirus Reporter app lawsuit to create a multi-district national litigation effort. That app, despite being designed by Dr. Robert Roberts, who consulted for NASA, developed the quantitative test that has been used to diagnose heart attacks, and chaired the prestigious Fields Medal committee, was blocked by Apple from being the first COVID-19 app in February 2020. Download a copy of the complaint here and at www.LawsuitPressRelease.com. Contact Details LawsuitPressRelease.com John P. David +1 888-859-6637 john@lawsuitpressrelease.com

May 20, 2021 03:00 PM Eastern Daylight Time

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Premier Rugby Sevens to Bring Innovation and Equal Pay to North America’s Newest Sports League

Premier Rugby Sevens

North America has a groundbreaking new sports league. Scheduled to debut in the fall of 2021, Premier Rugby Sevens (PR7s) will showcase North America’s top male and female players, including world-class Olympic athletes. The league will provide equal pay and high-performance access under one league umbrella, adopting a touring format in cities across the United States and Canada. The sport of sevens, as it is known in its short form, is an incredibly entertaining game that showcases a fast-paced style of rugby with nonstop action through a series of 15-minute games in a single day. Starting with a pilot season in the fall of 2021, PR7s will feature many U.S. players who played in the 2016 Olympic Games in Rio and are expected to play in the Tokyo Olympics this summer. The league will feature six men’s teams and four women’s teams that play multiple games in one location. The host cities and schedule, along with tryout information, player announcements, and team names, will be revealed in the coming months. Fans are encouraged to sign up for news alerts and schedule updates at PRSevens.com. The league’s first player signings feature several stars from both the U.S. Men’s and U.S. Women’s National Sevens Teams, including Perry Baker, Danny Barrett, Abby Gustaitis, Carlin Isles, Ilona Maher, Folau Niua, Naya Tapper, and Stephen Tomasin. Baker, Barrett, Gustaitis, and Tapper participated in a launch video, which can be viewed HERE. PR7s was founded by Owen Scannell, a former collegiate rugby player from Dartmouth College. Scannell left a career in investment banking in 2017 to earn his MBA from the Tuck School of Business, with a focus on launching a startup in sports and entertainment. He spent two years running the commercial, business, and logistical operations for an American rugby franchise before departing to lay the groundwork for PR7s. “Rugby sevens is the most exhilarating sport in the world and perfect for the next generation of young fans,” said Scannell. “Sevens is extremely accessible and enjoyable for new North American fans and players. Our goal is to entertain fans through high-quality digital content, and unforgettable festival experiences in attractive North American destinations and markets. PR7s will provide our partners with unique and unparalleled activations across all our platforms.” Scannell’s first hire was Mike Tolkin as the league’s general manager to oversee all rugby operations. Tolkin brings an impressive resume to PR7s, including the role of head coach of the U.S. Men’s National Rugby (15s) team starting in 2012, where he led the U.S. to qualify for the 2015 Rugby World Cup. Most recently, Tolkin was head coach of Rugby United New York in their inaugural season in 2019. “Sevens is a fast-paced and dynamic game requiring skill, speed, power, and precision,” said Tolkin. “It's an incredibly entertaining game to watch, and PR7s wants to showcase the immense talent and athleticism of our athletes throughout North America. The U.S. teams have enjoyed great success on the world stage against international competition, and PR7s is a great opportunity to continue to grow that talent pool. Starting with many stars that are slated to play in the Olympics, our rosters will have incredible athletes who will provide a thrilling experience for our fans.” Premier Rugby Sevens (PR7s) is a groundbreaking professional sports league in North America. Scheduled to debut in the Fall of 2021, PR7s is the first league of its kind with both women’s teams and men’s teams under one umbrella with equal pay. With a focus on accessibility and entertaining content for fans, the league will showcase the electrifying sport of rugby sevens through a single-day touring format in cities across the United States and Canada. To learn more about Premier Rugby Sevens, go to PRSevens.com and follow the league on Twitter, Instagram, Facebook, and LinkedIn. Contact Details Eric Nemeth eric.nemeth@prsevens.com

May 19, 2021 08:57 AM Eastern Daylight Time

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70 Million Resources and GTL Partner to Bring Job Board and More Inside Correctional Facilities through the Use of Tablets

GTL

GTL, a trusted partner that connects those affected by incarceration with the resources and support necessary to achieve success, today announced a new partnership with 70 Million Resources, which helps connect people with criminal records with second chance jobs. GTL will include parts of 70 Million Resources’ online platform, including its national employment site, 70 Million Jobs, the first national, for-profit employment site for people with criminal records, on the tablets it provides to jails and prisons throughout the United States. Additionally, GTL will feature 70 Million Resources’ Commissary Club, the first social network for this population. “This is an unprecedented opportunity for us to reach millions of men and women in prison,” said Richard Bronson, Founder/CEO of 70 Million Resources. “It’s enormously positive and productive when incarcerated folks start thinking about earning a living prior to their release. This helps us establish our brand early, so it can be part of a returning citizen’s reentry strategy on Day One.” “Second chances are something that all returning citizens deserve, and yet there currently are not enough resources available to help them,” said Jessica Artz, GTL Executive Vice President, Human Resources. “At GTL, we believe reentry begins at intake, and we are committed to providing avenues for rehabilitation and transformation. We see this partnership with 70 Million Resources as an opportunity to help incarcerated individuals better prepare for reintegration into our communities. Gainful employment is critical to reentry success, and now there is an easier way for them to find employers that believe in giving them this second chance.” GTL’s innovative technology currently provides incarcerated individuals access to a wide range of content, including educational resources, entertainment, and electronic communication services. 70 Million Jobs’ job board features hundreds of thousands of “second-chance friendly” job opportunities throughout the United States. About GTL For over 30 years, GTL has worked side-by-side with correctional facilities and government agencies to provide imperative technology solutions to over 1.2 million incarcerated individuals across the globe. These solutions facilitate meaningful connections, provide educational opportunities, enable successful reentry, and strengthen operational efficiency. GTL is headquartered in Falls Church, Virginia, with an employee presence throughout North America and was recognized as a 2021 Top Workplace USA by Energage. To learn more about GTL, please visit www.gtl.net, Facebook, Twitter, LinkedIn, and YouTube. About 70 Million Resources, Inc. Based in Los Angeles and a graduate of Y Combinator, 70 Million Resources manages 70 Million Jobs, the first national, for-profit employment platform for people with criminal records, and Commissary Club, the first social network for this population. Its founder/CEO Richard Bronson was himself incarcerated in the early 2000s for security law violations. It has been successful in facilitating employment for thousands of men and women. For more info about 70 Million Resources, contact info@70MillionJobs.com. Contact Details GTL Randy Brown +1 703-215-5383 media@gtl.net Company Website http://www.gtl.net/

May 18, 2021 09:00 AM Eastern Daylight Time

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