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The Channel Company Announces Acquisition of Technology Marketing Agency Lauchlan

The Channel Company

The Channel Company, global provider of news, insights, strategy, events, and marketing services for the technology industry, announces the acquisition of Lauchlan, a U.S. based global marketing agency dedicated to the technology industry. This strategic acquisition will continue to expand marketing agency services capabilities, scale creative and digital services globally and accelerate time to market for clients. Lauchlan’s marketing agency services include comprehensive marketing support, campaign creation, program execution, customized leads management and in-depth reporting to maximize IT channel marketing investment, creating a complimentary fit to continue scaling The Channel Company’s marketing services delivery capability worldwide. “The acquisition of Lauchlan, in addition to global services organization bChannels and Incisive Media’s Technology Group brands earlier this year, is another step towards our vision of becoming the leading global provider of innovative marketing services for the technology industry. We continue to invest in high-value areas that will scale and expand our capabilities to drive greater outcomes for our clients anywhere they are in the world,” said Blaine Raddon, CEO of The Channel Company. The organizations share synergies with their go-to-market strategies, technology industry expertise and agency delivery models as well as a common culture of driving client outcomes, strategic company growth and continued career development opportunities for employees. The combined strengths of the two organizations will provide immediate revenue and client expansion opportunities. Clients of Lauchlan will benefit from the extensive platform of additional marketing, events, communities, consulting, and data services that The Channel Company offers while clients of The Channel Company will have access to a broader range of marketing services to accelerate their business outcomes and investment return. The collective delivery model will continue to scale globally to deliver solutions across The Channel Company’s platform in all major regions. “Joining forces with the most respected technology channel marketing and services provider in our industry represents tremendous opportunities for our technology clients, partners, and employees. Lauchlan agency’s deep, creative development and execution capabilities paired with the depth and breadth of services available through The Channel Company allows us to provide the industry with a truly unprecedented suite of solutions for direct, and channel partner marketing on a global scale,” said Kathleen Lauchlan, CEO of Lauchlan agency. Lauchlan’s M&A advisor was Supporting Strategies and legal advisor was Bernstein Shur. The Channel Company received legal advice from Jones Day and due diligence advice from Alvarez & Marsal. About The Channel Company Headquartered in Westborough, MA, The Channel Company has been servicing the technology channel community for over 40 years. From CRN, the #1 source of technology news, insights, and analysis for the IT channel, to industry-leading events that connect clients to customers, to powerful research, consulting and engaging education to accelerate growth, to transformative marketing services to maximize investment, The Channel Company provides a full suite of outcome-driven services focused on addressing the channel’s unique needs worldwide. The Channel Company is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. www.thechannelco.com About EagleTree Capital EagleTree Capital is a leading New York-based middle-market private equity firm that has completed over 35 private equity investments and more than 75 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: media and business services, consumer, and water and specialty industrial. For more information, visit www.eagletree.com or find EagleTree on LinkedIn. About Lauchlan Founded in 2009, Lauchlan is a US-based, full-service agency dedicated to helping global technology marketers and their channel partners execute strategic, multi-touch, omni-channel marketing activities aimed at accelerating pipeline opportunities. Lauchlan's services provide comprehensive technology-focused marketing support, campaign creation, turnkey program execution, lead generation campaigns, live and online events, digital go-to-market strategies and in-depth ROI reporting. The agency’s dedicated team of marketing professionals is singularly focused on delivering optimal performance metrics while maximizing marketing development funds. www.lauchlanx.com Contact Details The Channel Company Corporate Communications +1 508-531-9172 corporatecommunications@thechannelcompany.com Company Website https://www.thechannelcompany.com

October 04, 2022 03:00 PM Eastern Daylight Time

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Industrial Defender Appoints Gabe Authier as Chief Product Officer

Industrial Defender

Industrial Defender, a leader in operational technology (OT) cybersecurity solutions, today announced the appointment of Gabe Authier as CPO. This addition strengthens the company’s bench of technical executives and positions it for success in 2023 and beyond. Authier has held product management roles at both Tripwire and Belden, and his comprehensive knowledge of the industrial cybersecurity space and cloud-native solutions will further enrich Industrial Defender’s product development roadmap. “Industrial Defender continues to add incredible new talent to the team. Gabe’s experience architecting customer-centric product roadmaps, building cloud-native technologies and creating innovative solutions for the industrial space aligns well with our organizational goals,” said Jay Williams, CEO of Industrial Defender. “I am confident he will be an essential contributor to our continued success as a global leader in OT cybersecurity solutions.” “We see a massive opportunity right now to help critical infrastructure companies mature their cybersecurity programs beyond basic visibility solutions. Identifying, monitoring and managing asset data from a single tool is the next generation of OT security,” said Authier. “I couldn’t be more excited about the opportunity to shape Industrial Defender into the go-to OT data platform for the future.” Authier brings over 20 years of experience in product management and information technology and is passionate about customer-centric software development. He holds a BS in Systems Engineering from University of Arizona and an Executive MBA from the University of Oregon. About Industrial Defender Industrial Defender protects the world’s critical infrastructure from cyberattacks. As a leader in OT cybersecurity innovation, the company’s scalable platform is used by organizations around the world to empower security stakeholders with actionable data from their OT and IIoT infrastructure, enabling them to make informed risk management decisions and manage their OT cybersecurity program in a concise, single vendor dashboard. Learn more at www.industrialdefender.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com

October 04, 2022 09:09 AM Eastern Daylight Time

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Companies Are Reporting Dropping Degree Requirements And Shifting To Skill-Based Hiring, But Credibility Still Looms As An Issue — A Boon For Edtech Platform Players Like Amesite (NASDAQ: AMST)?

Amesite Inc.

Learn More about Amesite Inc. by gaining access to the latest research report The talent shortage just in the information technology (IT) and cybersecurity industries has put pressure on already-overwhelmed IT businesses. An estimated 3.5 million cybersecurity jobs went unfilled in 2021 worldwide. The overall number of job openings in June was 10.7 million compared to 5.9 million unemployed, according to the U.S. Bureau of Labor Statistics. This leaves a record 4.8 million openings to be filled. A Solution? To address the talent shortage, a growing number of companies are saying that they are reevaluating their hiring preference by removing a bachelor’s degree as a prerequisite for middle-skill or even higher-skill roles. A recent study by Harvard Business Review and Lightcast analyzed over 51 million job postings between 2019 and 2021 and discovered that employers are dropping a bachelor’s degree as a requirement for middle-skilled and some higher-skilled jobs. IBM Corp. (NYSE: IBM) is ahead of its peers in terms of stripping degree requirements for job positions. Only 29% of the company’s IT positions require a bachelor’s degree. While Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. ’s (NASDAQ: GOOGL) Google seem to show a heavy preference for degrees in their positions, the two tech companies are recognized for their notable progress. Between 2017 and 2021, positions requiring a degree at Apple were down 18% while they were down by 17%, according to the Harvard Business Review report. What Are Companies Looking For? In place of a four-year college degree, many enterprises, including the government, are shifting to skill-based and competency-based hiring to widen the talent pool. In June 2020 and January 2021, the White House announced limits on using educational requirements and adopting a skill-based approach when hiring federal job candidates. A number of IT companies have made public statements on stripping degree requirements for their job openings, with Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg and Microsoft Corp. (NASDAQ: MSFT) Co-Founder Bill Gates are examples of what someone can achieve without a degree. “We don’t care if you have a degree, we just care if you can code,” is a popular mantra among Silicon Valley tech executives. Companies are using upskilling and reskilling existing employees as a solution for lessening the talent supply-demand imbalance. Accenture plc (NYSE: ACN) Senior Managing Director Pallavi Verma says the company spends close to $1 billion each year in learning and professional development for its employees. However, a recurring problem with upskilling and non-degree-based learning is credibility. It can be difficult for companies to analyze credentials and skills if there are limited standards across a multitude of learning options — and learners themselves have to decide among what programs will help them actually stand out. Amesite Inc. (NASDAQ: AMST) is an ed-tech player with a unique twist, it creates custom learning platforms for universities, companies, and government organizations so that the credibility of the institutions it works with is inherent in the end product. When COVID-19 hit in 2020, museums around the world were forced to close. It was during this time that many museums transitioned to delivering their content via the internet. For example, Conner Prairie, a history museum in Indiana partnered with Amesite to provide a new online learning ecosystem. Amesite’s Online Learning Community Environment system™ will offer K-12 programs for teachers, parents, lifelong learners and students. With Amesite collaborating with various colleges and universities, students who want to further their studies can enroll in programs of their choice without accumulating thousands of dollars in college debt. Additionally, companies can host in-house white labeled upskilling initiatives that give them control of the content, and the students all the credibility they may need. Learn more about Amesite here. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

October 04, 2022 08:58 AM Eastern Daylight Time

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TestGrid redefines website and app testing infrastructure with launch of on-demand platform

TestGrid

Over 250,000 new websites and 2,000 apps are launched every day around the world, and the attention to detail in maintaining them for the best UX is becoming more substantial. Website and app testing company TestGrid is today announcing a suite of solutions that will help businesses, DevOps teams, and the testing community to test faster than ever before—anytime, anywhere, and at much lower cost. Many website testing platforms have been launched in the past decade to help global brands ensure their website and apps remain fit for purpose for users through any device, operating system, or browser type. Today, TestGrid is launching an on-demand testing platform that will unify all development and testing needs in one place. The new on-demand testing architecture created by TestGrid will help users run tests on their websites and apps on any browser, operating system, and any device through its cloud platform—a hybrid, public and private cloud or on-premise. The aim is to quickly increase accessibility to varied testing and remove the burden on capital expenditure. Harry Rao, CEO at TestGrid, commented: “The platform has been many years in the making and is now being used by customers from all industry verticals, including Retail, Telco, BFSI, Health, Entertainment, Manufacturing, and more. Today, we are proud of what we have made and are seeing a high adoption rate; people from similar platforms are switching to us. I’m a big fan of Amazon’s Working Backwards culture. Our goal was to take the test infra headache off the client’s plate (at a cost unmatched in the industry,) and offer test and development solutions that accelerate product development. To achieve this, we knew we had to bootstrap and pass on the discounts to our customers.” Every year teams spend thousands of dollars procuring infrastructure (physical and cloud) for their testing needs. On top of that, more capital expenditure is dedicated to manage and scale that infrastructure consistently. TestGrid is addressing this problem through its on-demand platform. Along with infrastructure, TestGrid offers add-on features (at no additional cost) to help users perform end-to-end testing, including enterprise-grade, award-winning, scriptless test automation with AI to help them test better and ship faster, built-in performance testing, and API testing, making it the first choice between developers and the testing community. Today, TestGrid customers range from startups to Fortune 500 companies and are partnered with leading system integrators to boost product adoption and build trust. In this digital age, speed is everything; a user only spends three seconds and bounces off if they don’t get what they want, which impacts UX, user reviews, and revenues. This puts additional pressure on testing and development teams to make sure their app and websites are spot on every time. The lack of sufficiently scalable infrastructure can slow down development, QA efforts, and software deployment. “This is exactly where TestGrid cloud testing solutions can help by offering the fastest, updated, scalable, reliable cloud testing infrastructure on cloud, on-premise, or at the edge at cost less than buying a device” added Rao. About TestGrid TestGrid offers large-scale enterprises and major businesses an end-to-end automated testing infrastructure and testing tools that empower agile development teams. Built on a clear understanding of the needs of management, developers, and testers to have a simpler solution for software product development, TestGrid created a cloud-based automated testing platform for enterprises. By utilizing the TestGrid platform for all your testing needs customers can accelerate their turn-around time for product deployments and/or updates, as well as tremendously cut down their costs on product development and testing. For more information please visit https://www.testgrid.io/ Contact Details TestGrid Junaid Ahmad junaid@testgrid.io Company Website https://www.testgrid.io/

October 03, 2022 10:23 AM Eastern Daylight Time

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EF Hutton Reiterates Buy Rating On HCTI, Second Time in 2022

Healthcare Triangle, Inc.

On September 28, 2022, Healthcare Triangle Inc (NASDAQ: HCTI) received a Buy rating with a price target of $2.00 in an analyst report by EF Hutton. EF Hutton analyst Constantine Davides, CFA, said “We are reiterating our Buy rating on HCTI. We continue to like the risk-reward of shares here, as HCTI continues to scale its proprietary Platform offerings while expanding its Managed Services business.” This is the second Buy rating report released by EF Hutton on HCTI in 2022. On March 14, 2022, Davides initiated coverage with a Buy rating on Healthcare Triangle and a price target of $4.00. Here are the key points from the report: Platform Services We view the continued adoption of HCTI's Platform offerings as a key component of potential share appreciation (multiple expansion) and an improved financial profile (predictable/recurring revenue mix and long-term margin expansion). We believe that HCTI has approximately six Platform customers, up from four at the end of 1Q, and we would expect that total to expand steadily across the next several quarters. We are projecting $4.7 million in Platform revenue in 2022 (10% of revenue), growing to $8 million by 2024 (13% of revenue). Managed Services Along with the focus on Platform, we continue to expect HCTI to focus on the growth of this recurring revenue stream. We note that YTD Managed Services revenue growth has been negatively impacted by a change in the way HCTI reports partner pass-through revenue, which has had an optically negative impact on 2022 GAAP revenue with no impact on gross profit. Cash and cash flow A recent (July 2022) equity financing provided HCTI with $5.8M in net proceeds. Although HCTI has been opportunistically repurchasing its own shares, we would prefer that management allow cash to build on its balance sheet rather than deploy capital more aggressively toward repurchases, given the challenging macro backdrop. Free cash flow (FCF) was positive in 1Q and 2Q and we expect FCF generation to remain sound across the next several quarters. Updating target and initiating 2024 estimates Our target moves to $2.00 from $4.00 (2.3x 2023 revenue) given recent multiple compression in the space (our target multiple goes to 1.5x 2023 revenue) and other model adjustments (projected cash and share count). We are initiating our 2024 revenue estimate of $61.3M (+10%). HCTI recently traded at 0.3x our 2023 revenue estimate. Risks HCTI is capital-constrained and has above-average customer concentration risk; its largest customer generated 39% of 2Q revenue. The company’s CEO and CFO also serve as officers of another publicly traded company, SecureKloud Technologies, Inc., which owns 65% of HCTI’s common equity. HCTI has a relatively small float and is thinly traded. View the original report by EF Hutton here. Analyst Certification I, Constantine Davides, CFA, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this research report. Company-Specific Disclosures EF Hutton, division of Benchmark Investments, LLC managed or co-managed a public offering of securities for Healthcare Triangle, Inc during the past 12 months. EF Hutton, division of Benchmark Investments, LLC or its affiliates received compensation from Healthcare Triangle, Inc for investment banking services within the past twelve months, and will seek compensation from the companies mentioned in this report for investment banking services within three months following publication of the research report General Disclosure This report has been produced by EF Hutton, division of Benchmark Investments, LLC and is for informational purposes only. It does not constitute solicitation of the sale or purchase of securities or other investments. The information contained herein is derived from sources that are believed to be reliable. Prices, numbers, and similar data contained herein include past results, estimates, and forecasts, all of which may differ from actual data. These prices, numbers, and similar data may also change without prior notification. This research report does not guarantee future performance, and the information contained herein should be used solely at the discretion and responsibility of the client. Neither EF Hutton nor its affiliates accept any liability or responsibility for any results in connection with the use of such information. This research report does not consider specific financial situations, needs, or investment objectives of any client, and it is not intended to provide tax, legal, or investment advice. Clients are responsible for making final investment decisions and should do so after a careful examination of all documentation delivered prior to execution, explanatory documents pertaining to listed securities, etc., prospectuses, and other relevant documents. EF Hutton and its affiliates may make investment decisions based on this research report. In addition, EF Hutton and its affiliates, as well as employees, may trade in the securities mentioned in this research report, their derivatives, or other securities issued by the same issuing companies in this research report. This research report is distributed by EF Hutton and/or its affiliates. The information contained herein is for client use only.EF Hutton holds the copyright on this research report. Any unauthorized use or transmission of any part of this research report for any reason, whether by digital, mechanical, or any other means, is prohibited. If you have any questions, please contact your sales representative. Additional information is available upon request.Certain company names, product and/or service names that appear in this research report are trademarks or registered trademarks of EF Hutton or other companies mentioned in the report. Copyright 2022 EF HUTTON, division of Benchmark Investments, LLC. Contact Details Healthcare Triangle, Inc. Michael Campana michael.c@healthcaretriangle.com Company Website https://www.healthcaretriangle.com

October 03, 2022 09:28 AM Eastern Daylight Time

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LayerX Emerges From Stealth To Launch User-First Security Platform For All Browsers

LayerX

LayerX, a Tel Aviv-based cybersecurity startup, has announced its emergence from stealth and the unveiling of its user-first browser security solution that aims to transform any browser into the most secure and manageable workspace, with near-zero user impact. The company also announced the closing of a $7.5 million Seed round from Glilot Capital Partners, alongside Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures (the leading Israeli CISO syndicate) and cybersecurity angel investors. Browser security has become a focal point for CISOs and security teams since the move to the cloud has resulted in the majority of enterprise work being carried out in browsers. Majority of attacks are being delivered via the browser, most of human interaction is carried over the browser and data loss incidents from the browser are constantly on the rise. Users are easily tricked by hackers to download malware and give away classified information and passwords; while data flows in and out of the organization without restrictions, thus exposing enterprises to compliance violations. Traditional network security solutions fail to analyze traffic to the cloud, dynamic web apps and modern websites, thus leaving the need for secure browsing unaddressed. Recent emerging solutions seeking to overcome these weak spots focus primarily on standalone secure web browsers and sandboxing environments that severely impact the browsing experience or work culture. LayerX employs a different approach to browser security by operating in tandem with all commercially available browsers, enabling workforces to maintain their existing browsing preferences while granting security administrators the flexibility to transform any browser into a secure, customizable, and intuitive workspace without compromising on user experience, performance or privacy. “Chrome and Safari aren’t the problem. Web browsers are perfectly built for productivity and security architecture; it's the interaction of the users over the web browsers that pose a threat to the organization,” notes Or Eshed, CEO and co-founder of LayerX. “Our technology focuses on deep session analysis, adding that pivotal extra layer of security needed to keep browsing truly safe. Our solution fits into any organization and any network, providing more security with less resources” The LayerX “Plexus” engine performs high-resolution monitoring on all potential browsing risks to detect incoming threats, taking a weight off security administrators. By deploying a dual AI engine that works on both the client side and the backend, LayerX boosts enterprises’ protection against a wide range of browser-based security threats. Using advanced machine learning and with better visibility into the browser, LayerX delivers high-resolution monitoring, risk analysis, and browser control mechanisms. The technology was designed to help workforces embrace secure web browsing while simultaneously maintaining user privacy and confidentiality. “With the move to the cloud, the browser turned into the most central tool for everyone in the workplace. With that, it’s clear that a new security layer must be added to protect sessions, and provide visibility and control to security teams. On the other hand, organizations must allow employees 100% privacy and flexibility, to use any tool they desire,” explains Kobi Samboursky, Founder and Managing Partner at Glilot Capital Partners. “This is what’s so exciting about the LayerX platform - its ability to provide the best security and visibility layer to security teams, while providing the utmost flexibility, ease of usage and privacy to employees.” Amongst the emerging landscape of browser security solutions, LayerX’s is the only “user-first” platform that mitigates the risks associated with users without changing their browsing experience. Ira Winkler, industry luminary and former Chief Security Architect at Walmart, added: “LayerX chose the approach that seems to make the most sense for browser security. An extension-based approach not only significantly reduces the technical risk of compatibility across all platforms, it reduces the complexity and cost of rollout and maintenance. It also reduces operational risks associated with dealing with third parties, diverse equipment, and countless other issues when compared with proprietary browser solutions. I have no doubt that hybrid and cloud-first organizations will choose it as their browser security solution of choice.” About LayerX Security Founded in 2021, LayerX is designed to help monitor, control, and prevent the expanding range of web-based threats and browsing risks. Led by seasoned veterans of IDF cyber units and cybersecurity industry, LayerX’s browser security platform transforms existing web browsers into protected and manageable workspaces without negatively impacting the user experience. LayerX is the pioneer of AI-based high-resolution monitoring, risk analysis and control of all users’ browser activities to enable enterprise workforce to access any web resource from any device while ensuring protection from the wide range of web-borne risks. Contact Details MarketAcross Dan Edelstein pr@marketacross.com Company Website https://www.layerxsecurity.com/

October 03, 2022 09:00 AM Eastern Daylight Time

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VTS Recognized on GlobeSt.’s 2022 CRE Tech Influencers and Best Places to Work Awards

VTS

VTS, the commercial real estate industry’s leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle, today announced that GlobeSt. has recognized Nick Romito – Chief Executive Officer, and Ryan Masiello – Chief Strategy Officer, as honorees on its 2022 CRE Tech Influencers list. Romito and Masiello were named alongside other industry professionals propelling the continued use and adoption of technology forward within commercial real estate. In addition, VTS was named to GlobeSt.’s 2022 Best Places To Work list, which recognizes the companies that are the best workplaces in the CRE industry, and have gone above and beyond for both their employees and the real estate industry at large as they navigated the unprecedented events of the last two years. “It is an honor to be recognized by Globe St. for both our technology and our company culture,” said Nick Romito, CEO of VTS. “Pushing the envelope and creating tech-enabled solutions is at the core of what we do at VTS. We would not be the company we are today without our amazing team helping us in making our mission of modernizing commercial real estate a reality.” VTS was founded in 2012 after Romito and Masiello identified a gap in the industry, which at the time was reliant on disorganized spreadsheets and back-of-the-napkin deals that made it difficult to make decisions and get an accurate view of operations for landlords, owners, and tenants. Since then, VTS has become a global leader, providing commercial real estate stakeholders with real-time market data, and has evolved into an integrated four-product platform that connects landlords, owners, brokers, property managers, and tenants through technology. “Our company remains committed to fostering a collaborative work environment for our employees to share their thoughts and feedback to create the best workplace possible,” said Masiello. “It’s great to see recognition for both our innovative technology and our people-first culture, ensuring our portfolio of top industry players are equipped with the tools they need to efficiently and effectively do their jobs – and that we have the best staff and company to serve them.” For this year’s Influencer series, GlobeSt. Real Estate Forum sought to shine a spotlight on the commercial real estate professionals that have showcased their technological expertise and ability to quickly adapt to enhance commercial real estate management processes. The professionals featured on this list have impacted the marketplace through new and/or improved technology applications, through their contributions to the industry, the vast successes they’ve racked up, or the innovations and best practices they’ve introduced to the business. ABOUT VTS VTS is the commercial real estate industry’s leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party data source in the industry and delivers data insights and solutions for everyone in commercial real estate to fuel their investment and asset strategy, leasing and marketing automation, property operations, and tenant experience. With the VTS Platform, consisting of VTS Lease, VTS Rise, VTS Data, and VTS Market, every business stakeholder in commercial real estate is given the real-time market information and executional capabilities to do their job with unparalleled speed and intelligence. VTS is the global leader with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform globally. VTS’ user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

October 03, 2022 09:00 AM Eastern Daylight Time

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Jewellery retailer Shop TJC partners with RangeMe to increase product choice

RangeMe

Shop TJC has partnered with RangeMe to support their product buying teams, ensuring they have access to the most relevant products their customers demand. This partnership presents Shop TJC with the option to find potential dropship suppliers in jewellery, handbags, fashion, beauty and home tabletop and tableware categories in the UK. Shop TJC is seeking to fast track suppliers onto their platform as they scale sales. RangeMe first launched in 2014 and is used today by more than 15,000 retail buyers in the U.K., Europe, North America, and APAC region. It has quickly established itself as the industry leader for retail product discovery, sourcing and buying by becoming the world’s largest source of brands and products purchased by retail buyers. RangeMe helps retailers and buying teams scale product sourcing efforts with streamlined submissions, simplified discovery tools, and the industry standard digital sell sheet. Buyers can filter searches to find brands and products meeting exact sourcing needs, seamless connectivity and collaboration with suppliers, and offering curated collections to help identify and understand category trends and emerging brands. “Through this partnership we are confident that we will be able to give our customers more of what they want in time for the Christmas season and beyond,” says Srikant Jha, Managing Director at Shop TJC. “We’ll be able to scale up our sourcing as we are keen to introduce new brands and products before the end of the year in a range of product categories.” RangeMe is the global online platform where retailers and suppliers can discover, connect, and grow their business. Suppliers can showcase their range, bring new products to market, increase brand visibility, and grow sales, while retail buyers use RangeMe to discover new products, search trends, and communicate directly with brands. This news presents suppliers around the world with a front-row audience with one of the biggest names in home improvement. RangeMe helps suppliers grow their retail relationships with a platform that gives them the tools and insights to manage their products, market their brand, and build awareness. “Our mission has always been to empower retailers and suppliers to be productive and successful whatever their objective. The platform offers retailers hyper local choices as well as innovative global options. We exist to help them offer an extraordinary experience for their customers” added Nicky Jackson, CEO of RangeMe. About RangeMe RangeMe, an ECRM company, is the leading online platform that streamlines new product discovery between suppliers and retailers. The platform empowers retail buyers to efficiently discover innovative and emerging products, while streamlining the inbound product submission process. For product suppliers, RangeMe enables them to grow their retail relationships with a platform that gives them the tools to manage their products, market their brand, and build awareness. Now integrated into the ECRM product offering, RangeMe adds increased breadth and depth to the industry's most complete sourcing solution for top retailers and product suppliers in the US. About Shop TJC Headquartered in London, UK, Shop TJC is a wholly owned subsidiary of Vaibhav Global Ltd. (VGL), a vertically integrated E-retailer with global sourcing and manufacturing capabilities. Shop TJC, through its E-retailing in UK is specialised in jewellery, home, beauty, fashion, gemstones, and other lifestyle accessories. Established in 2006, Shop TJC reaches ~25 million UK households via live Television shows 24 hours a day, seven days a week, 365 days a year. For more information visit http://www.tjc.co.uk and download the interactive app on iTunes, Google Play and many other streaming devices or television. Contact Details RangeMe Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.rangeme.com/

October 03, 2022 08:37 AM Eastern Daylight Time

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Frauds and Hackings In The Crypto World - How One Company Can Help Keep Your Digital Assets Safe

Chainsulting

Cryptocurrencies have flipped a lot of norms around the world. From finance and banking to e-commerce, it would appear there is no industry where cryptocurrencies haven’t made their presence felt. The massive public interest in these digital assets truly began in 2017. The crypto craze gained momentum in that year when Bitcoin (CRYPTO: BTC) witnessed an unprecedented boom. Several companies offering various cryptocurrency solutions such as MEXC Global and TaxBit Inc. have emerged since the start of the craze. While many industries were disrupted during the COVID-19 pandemic, the crypto industry didn’t experience a dent — instead, it soared even higher. Cryptocurrencies boomed as more people became interested in decentralized currencies as a safe haven amid global economic tension. Since then, the cryptocurrency market’s total value has reached over $1 trillion, having hit $3 trillion in November 2021 and now competing with the market capitalization of multinational conglomerates such as Amazon.com Inc. (NASDAQ: AMZN), Microsoft Corp. (NASDAQ: MSFT) and Alphabet Inc. (NASDAQ: GOOGL). Crypto Scams And Hacks Soar However, risks persist amidst the perceived optimism. The crypto world is experiencing an increasing number of attacks and continues to draw more scammers. Scammers stole more than $14 billion in 2021, with losses from crypto-crime rising by 80% compared to 2020, according to a report by blockchain research group Chainalysis. Crypto scamming is an increasingly common method for fraudsters to get people’s money. More than 46,000 people have filed crypto-related fraud cases with the Federal Trade Commission (FTC) from January 2021 through March, according to a report released by the agency. The median loss reported from these schemes is a sizable $2,600. Ever since cryptocurrencies started gaining popularity, the internet has been flooded with scammers involving giving bogus giveaways. Group-IB, a Singapore-based cybersecurity firm, reports a significant fivefold increase in domains offering fake crypto giveaways including through YouTube streaming pages in the first quarter of 2022. In the first six months of the year, experts at Group-IB have identified more than 2,000 domains being used as fake crypto promotion pages. The number of fake pages promoting fake giveaways increased sharply from 583 in the first quarter to over 1,500 in the second quarter. Hackers have also targeted crypto exchanges and blockchain platforms to steal large amounts of valuable digital currencies. At least 46 crypto exchanges and blockchain platforms have reported losing over $2 billion since 2012 because of security breaches in their system. Just some months ago, hackers infiltrated the blockchain gaming platform Ronin Network and walked away with more than $600 million worth of digital currencies. The blockchain-based platform Poly Network was a victim of a similar attack late last year when attackers stole over $620 million worth of users’ assets. Worldwide Crackdown On Crypto Scams And Hacks The U.S. Department of the Treasury has called for other federal organizations to expand and increase their crackdown on crypto scams and hacks. In the U.K., experts have warned that crypto scamming could get worse as the cost of living rises. “We are concerned that, in current economic circumstances, people could be tempted to invest in fake investments,” said Nausicaa Delfas, interim chief executive of the Financial Ombudsman Service. Securing Blockchain Ecosystems With Smart Contract Auditing With so much money at stake and blockchain protocols becoming more complex, smart contract auditing firms such as Chainsulting are gaining importance as a necessity in a fairly unregulated space. Smart contract auditing is a systematic method of manually and automatically reviewing the structured code of a smart contract to find flaws. A smart contract audit is a useful tool to assess a company’s operations and ensure that the code is accurate and reflecting the use case. The auditor will conduct a comprehensive review of the smart contract codebase and make recommendations on how to fix possible flaws. Smart contract auditing has many advantages, including ensuring security, preventing vulnerabilities and securing user funds. Chainsulting says it can perform smart contract audits for Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Aptos, Binance Smart Chain and many more. The company also says it provides audit solutions using German technology and security standards, which rank first in the world in terms of crypto-friendliness. Chainsulting audits involve several stages. First, the code goes through automated vulnerability tests in which security analysis tools such as Mythril, Slither and Oyente are used to detect security vulnerabilities. The code is then checked manually for weaknesses before the general function of the code and business logic is double-checked. If any critical issues are found, the team makes recommendations on how to resolve them. Chainsulting has conducted over 300 notable smart contract security audits since its inception in 2017. Chainsulting is a professional software development firm, founded in 2017 and based in Germany. They show ways, opportunities, risks and offer comprehensive web3 solutions. Their services include web3 development, security and consulting. Chainsulting conducts code audits on market-leading blockchains such as Solana, Tezos, Ethereum, Binance Smart Chain, and Polygon to mitigate risk and instil trust and transparency into the vibrant crypto community. They have also reviewed and secure the smart contracts of 1Inch, POA Network, Unicrypt, LUKSO among numerous other top DeFi projects. Chainsulting currently secures $100 billion in user funds locked in multiple DeFi protocols. The team behind the leading audit firm relies on their robust technical know-how in the web3 sector to deliver top-notch smart contract audit solutions, tailored to the clients' evolving business needs. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Chainsulting hello@chainsulting.de Company Website https://chainsulting.de/

September 30, 2022 08:00 AM Eastern Daylight Time

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