News Hub | News Direct

All Industries


Article thumbnail News Release

Fidelity's Bitcoin ETF Records Daily Inflow Of Over $8 Million

Cutoshi

Spot Bitcoin ETFs attracted a record-breaking inflow of close to $1.4B on Thursday, according to Senior ETF analyst Eric Balchunas. BlackRock’s iShares Bitcoin Trust collected more than $1.1B of this total. Other funds, including the Fidelity Wise Origin Bitcoin Fund, also attracted a noticeable daily inflow exceeding $8M. The surge coincided with BTC hitting the $76,943 mark. Tron also recorded an unprecedented surge in its transfer volume, which increased by 1928% over the year, as per data from Symbiosis. Moreover, as the two crypto giants continue to record impressive milestones, a new DeFi hybrid known as Cutoshi has also stood out, raising over 730K in its presale, which is only in 3rd stage. Cutoshi Farming Continues To Attract Major Investors Due to its unique innovations, Cutoshi is quickly becoming a viral crypto project. The project is designed to bring utility and luck to its investors through its unique hybrid DeFi ecosystem. Moreover, Cutoshi farming, now live, aims to provide its community members with a new way of earning money by completing quests and being rewarded with CUTO tokens. Cutoshi also stands out due to its decentralized exchange, offering users a low-fee, high-speed asset training experience across blockchains. The project also focuses on educating investors through the Cutoshi Academy, which helps learners understand the basics of DeFi and cryptocurrency technology. Through this feature, new investors could educate themselves about DeFi and discover new approaches to building a profitable portfolio. With a stage three presale price of $0.0259, Cutoshi is already offering over 70% ROI to early buyers. Given the CUTO token's capped supply of just 440M, this price is also set to surge in the next presale, which could help drive immense demand for the token, leading to token scarcity and driving the Cutoshi price even higher. Bitcoin Price Hits $77K Two Days After U.S. Election The price of Bitcoin crossed the $77K mark on November 8, setting a new ATH for the second consecutive day. This latest price mark was set just two days after Donald Trump won the US presidential election, topped with the election of several pro-crypto policymakers to Congress. With a market cap of over $1.5T, BTC is now the world’s ninth most valuable asset, surpassing Mark Zuckerberg’s Meta. Bitcoin’s YTD growth has also surged by over 115% as the BTC price trades around the $76,600 mark. Over the past month, the price of Bitcoin has surged by over 26%, with seasonal trends and halving-year data suggesting bullish prospects. Moreover, Bitcoin has always hit new highs during the previous two election cycles without returning to pre-election levels. Supported by technical indicators and the recent daily inflows of Bitcoin ETFs, the price of BTC could hit the $100K target before the year ends, followed by $200K by 2025. Adding to this momentum, the US Federal Reserve has lowered interest rates by 0.25%, a rare cut that could contribute to Bitcoin’s bullish sentiment. Tron Dao Unveils Tron-Peg USD Coin For Cross-Chain Transactions On Blockchain Tron Dao has unveiled the Tron-Peg USD Coin within the TRX blockchain, a new cross-chain designed to streamline global transactions while expanding Tron’s stablecoin ecosystem. This launch will allow users to leverage USD Coin across the TRX network, enhancing cross-chain functionality for a seamless and secure transaction. Tron-Peg USD Coin will simplify USDC transfers within Ethereum and Tron, establishing itself as a stablecoin bridge. Moreover, qualified users can acquire the Tron-Peg USD Coin through a straightforward cross-chain process. This strategic launch comes when Tron’s price performance has recorded a weekly dip of over 3% to trade around the $0.16 mark. If Tron’s price manages to overcome the $0.16 position, it would be on a path for further gains towards $0.17. Its RSI is also at 47, which suggests that the asset is still in a neutral position. Its 50—and 100-day SMAs, which are at $0.1593 and $0.1526, provide significant support should the TRX price dip. Can Cutoshi Mirror BTC Price Performance In Q4? As Bitcoin continues to experience significant price performance, Cutoshi is also looking to push Ethereum-based meme coins back into the limelight. Due to the project's DeFi ecosystem and built-in utilities, its growing presale is set to record significant price performance in Q4. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 14, 2024 10:42 AM Eastern Standard Time

Image
Article thumbnail News Release

Play Pixo Launches: Innovative EdTech Platform Blending AI with Vedic Math for Engaging, Effective Learning

Rev Up Marketers

Play pixo an advanced EdTech platform designed to transform screen time into educational opportunities, has been officially launched. Incubated at the prestigious IIT Madras, Play Pixo combines AI-driven learning methods with interactive content to create an immersive educational experience tailored for children and young adults. Aimed at turning passive screen time into productive engagement, Play Pixo introduces a new approach to digital learning, focusing on cognitive development, critical thinking, and creativity. In today's fast-paced digital environment, the challenge of maintaining children’s focus and attention has become more pressing than ever. Traditional teaching methods often struggle to compete with the fast-paced digital stimuli to which children are exposed. Play pixo was created to meet this need by blending the appeal of play with educational content, aiming to enhance learning in a manner that resonates with young minds. Play Pixo addresses the difficulty many educators and parents face in engaging children effectively. With a unique blend of interactive games, structured learning paths, and AI technology, play pixo, stands out as a valuable tool for cognitive development. The platform has been meticulously designed to align with educational needs, fostering skills like problem-solving, analytical thinking, and creativity through enjoyable digital activities. The development of Play Pixo is backed by IIT Madras, one of India’s foremost institutions in technology and research. Play Pixo benefits from the academic rigor and research capabilities of IIT Madras, which are instrumental in its focus on making learning more interactive, engaging, and accessible. The platform combines input from experts in technology, education, and psychology to create a system that adapts to each learner's unique needs. Play Pixo’s advanced AI algorithms ensure the platform’s flexibility and adaptability. As children interact with the content, the AI adjusts to their learning pace, making each session more personalized. This technology-driven approach also provides valuable insights to educators, helping them develop dynamic lesson plans and track progress. One of Play pixo standout features is its integration of Vedic math. This ancient system of mathematics has been gamified within the platform, allowing children to experience Vedic math in an accessible and enjoyable way. While digital technology often moves away from traditional knowledge, Play Pixo recognizes the enduring value of Vedic math and has transformed it into a digital format that enhances problem-solving skills. This inclusion not only strengthens mathematical abilities but also encourages logical reasoning, making math more approachable and engaging for young learners. Alongside Vedic math, Play Pixo includes a range of over 150 interactive games and 100+ storytelling activities, designed to keep children engaged. Each game and activity is crafted to ensure children benefit from every moment spent on the platform, learning important life lessons and cognitive skills. Play Pixo is designed with both parents and educators in mind. For parents, Play Pixo offers a safe, educational environment with content that has been carefully curated for quality and value. The platform’s built-in parental controls allow parents to set time limits and customize content according to their child’s specific needs. This ensures that screen time is managed effectively, allowing children to benefit from the educational aspects of Play Pixo without the risks associated with excessive or unfocused screen time. For educators, Play Pixo simplifies the teaching process with tools that offer insights into student performance. The platform assists educators by making lesson planning more efficient and helping deliver a dynamic, engaging learning experience. Through AI-driven insights, Play Pixo enables teachers to track progress and tailor lessons to meet the needs of individual students. Play Pixo is currently available in both the US and Indian markets, making it accessible to a wide range of users globally. The platform’s expansion into these markets highlights its commitment to providing effective, quality education for children everywhere. With its rigorous research foundation, Play Pixo ensures that its content is relevant, engaging, and beneficial to children from diverse educational backgrounds. Play Pixo envisions a future where educational tools are relevant, accessible, and effective. The platform aims to shape an educational system where learning is not only productive but also enjoyable. By integrating advanced technology with educational content, Play Pixo seeks to create a new standard in digital learning. Its mission is to foster intellectual curiosity, emotional growth, and social skills, helping young minds prepare for the complexities of an ever-evolving world. As an EdTech platform, Play Pixo is designed to encourage children to think critically, explore creatively, and engage interactively. By turning digital play into learning, Play Pixo enables children to develop the skills necessary for future success. The platform's commitment to combining traditional knowledge with advanced technology represents a pioneering step forward in the realm of educational technology. Beta users of Play Pixo have provided testimonials that reflect the platform’s positive impact. Teachers have noted significant improvements in student engagement, and parents have expressed relief at the assurance that their children are engaging with safe, educational content. "Play Pixo has completely transformed how my students engage with learning," commented Priya K., a teacher using the platform. “It’s not just about keeping them busy; it’s about fostering a genuine love for knowledge.” "As a parent, Play Pixo gives me peace of mind," said Sarah M. “I know my child is learning and having fun simultaneously.” About Play Pixo Play Pixo’s launch marks an innovative development in the field of educational technology. With a focus on blending traditional knowledge, AI technology, and interactive content, Play Pixo offers a new approach to learning that aligns with the needs of modern education. Available now, Play Pixo is set to redefine the way children interact with screen time, turning it into a meaningful and productive journey of growth and discovery. For further information about Play Pixo, please visit www.playpixo.com. The app can be downloaded on both the App Store and Google Play. Website - https://www.playpixo.com App Store - https://apps.apple.com/in/app/play-pixo/id6505034667 Play Store - https://play.google.com/store/apps/details?id=com.color_pencil&hl=en Contact Details Play Pixo Dharini Narayanan +1 404-492-6447 hello@playpixo.com Company Website https://www.playpixo.com

November 14, 2024 09:06 AM Eastern Standard Time

Image
Article thumbnail News Release

Nuanced Media Unveils Key Strategies for Maximizing ROI in Amazon Advertising for 2024

Rev Up Marketers

Nuanced Media, a premier Amazon marketing agency, today announced the release of its comprehensive strategies for brands looking to maximize their return on investment (ROI) through Amazon advertising in 2024. As Amazon's advertising revenue continues its rapid growth, reaching $46.9 billion in 2023—a 24% year-over-year increase—the company is solidifying its position as a dominant force in the global digital advertising space. With Amazon commanding 10.2% of global digital ad spending, businesses must adapt to its evolving landscape to stay competitive. As Amazon’s ad offerings become more sophisticated, Nuanced Media’s latest insights offer brands a roadmap to effectively leverage Amazon's advertising ecosystem. The strategies outlined are designed to help brands optimize their campaigns and capitalize on Amazon's cutting-edge advertising tools to drive sales, increase visibility, and boost profitability. Key Strategies for Success in 2024: Amazon DSP (Demand-Side Platform) Amazon’s DSP enables brands to purchase ad placements across Amazon’s own platform and third-party sites, offering programmatic ad solutions for unmatched reach. Nuanced Media forecasts a surge in DSP adoption in 2024, emphasizing its power to target high-value customers and drive conversions. Optimizing Sponsored Ads Sponsored Products and Sponsored Brands remain essential for driving visibility and sales on Amazon. By fine-tuning keyword targeting and bid adjustments, brands can improve ROI, particularly during new product launches or seasonal promotions. Data-Driven Advertising Amazon’s vast consumer data provides brands with unparalleled insights into shopping behaviors and purchase histories. Nuanced Media recommends leveraging this data to refine targeting, increase conversions, and reduce ad spend inefficiencies. "As Amazon continues to dominate digital advertising, brands that stay ahead of the curve with data-driven strategies and advanced advertising tools will see the most success in 2024," said Ryan Flannagan, CEO of Nuanced Media. “Our team of experts is committed to helping businesses navigate Amazon’s increasingly complex advertising environment and unlock their full potential.” For more information on maximizing ROI with Amazon advertising in 2024, brands are encouraged to partner with Nuanced Media, an agency with extensive experience in driving results on Amazon. About Nuanced Media Nuanced Media is a leading Amazon marketing agency focused on helping brands optimize their presence and profitability on Amazon. With a data-driven approach and deep expertise in Amazon's advertising ecosystem, Nuanced Media helps clients maximize ROI and visibility across Amazon’s marketplace. For more details Visit https://nuancedmedia.com Contact Details Nuanced Media Ryan Flannagan johndoe@nuancedmedia.com Company Website https://nuancedmedia.com

November 14, 2024 08:57 AM Eastern Standard Time

Article thumbnail News Release

Silexion Therapeutics Reports Third Quarter 2024 Financial Results and Provides Business Update

Silexion Therapeutics Corp

Silexion Therapeutics Corp. (NASDAQ: SLXN) ("Silexion" or the "Company"), a clinical-stage biotech developing RNA interference (RNAi) therapies for KRAS-driven cancers, today reported its financial results for the third quarter ended September 30, 2024, and provided an update on recent business developments. Recent Milestones & Q3 Business Highlights Merger Completion: On August 15, 2024, Silexion completed its business combination with Moringa Acquisition Corp, becoming a publicly traded company on Nasdaq under the ticker “SLXN.” This strategic milestone provides Silexion with greater access to capital to advance its clinical pipeline. Clinical Program Progress: The Company's first-generation candidate, LODER™, has previously demonstrated promise in clinical settings for non-resectable pancreatic cancer. As previously reported on September 24, 2024, the Phase 2 trial of LODER showed a 56% objective response rate (ORR) in patients with KRAS G12D/V mutations, with tumor resectability improving to 67% for some non-resectable cases. The trial data underscore LODER’s potential to improve surgical outcomes and overall survival for patients with locally advanced pancreatic cancer (LAPC). Preclinical Advancements for SIL-204: Silexion's next-generation candidate, SIL-204, designed to expand the therapeutic reach across a wider range of KRAS mutations, demonstrated substantial anti-tumor effects and enhanced stability in preclinical studies. As previously reported on October 1, 2024, a single administration of SIL-204 encapsulated in an extended-release formulation yielded tumor necrosis in pancreatic cancer models. Advancing toward SIL-204 Clinical Trials: As previously reported on October 1, 2024, Silexion is preparing SIL-204 for toxicology studies, with plans to initiate Phase 2/3 clinical trials by the first half of 2026, targeting LAPC. Exploring Colorectal Cancer Applications: In parallel, the Company plans to initiate preclinical studies for SIL-204 in colorectal cancer models, expanding its potential applications across additional KRAS-driven cancers, as previously reported on October 1, 2024. Ilan Hadar, Chairman and CEO of Silexion, commented, “The last few months and Q3 specifically has been pivotal for Silexion as we achieved notable progress across our clinical and preclinical programs and successfully completed our Nasdaq listing. LODER’s promising data reinforce our pipeline’s potential as a transformative solution for patients with challenging pancreatic cancer. As we prepare for Phase 2/3 trials in SIL-204, our recently reported pre-clinical findings underscore the potential to address the complexities of KRAS-driven cancers. Looking ahead, we remain focused on expanding our clinical pipeline to deliver groundbreaking treatments for these hard-to-treat cancers, with the goal of having a real impact on patient lives.” Third Quarter 2024 Financial Result Highlights: Cash Position: Cash and cash equivalents were $2.0 million as of September 30, 2024, compared to $4.6 million as of December 31, 2023. The decrease primarily reflects operating expenses and strategic investments in advancing clinical and preclinical development as well as one-time payments associated with the SPAC merger and our public listing on NASDAQ. Operating Expenses: Total operating expenses for the Q3 2024 were $8.0 million, compared to $0.7 million in the same period of 2023. This increase was primarily driven by investments in the advancement of the company's clinical pipeline, including $3.2 million in research and development expenses (compared to $0.5 million in Q3 2023). The R&D increase was primarily attributable to $2.4 million in non-cash share-based compensation expenses. General and administrative expenses increased to $4.8 million (compared to $0.2 million in Q3 2023), with $3.4 million attributable to non-cash share-based compensation and $0.6 million in professional services costs primarily related to one-time legal, accounting, and other expenses associated with the costs of becoming a public company and the SPAC merger. Financial Expenses: Financial expenses, net for Q3 2024 were $3.8 million, compared to $0.1 million in Q3 2023. This increase was primarily driven by a one-time loss of $4.8 million upon entering Transactions, partially offset by $1.1 million in revaluation income from changes in fair value of financial liabilities. Net Loss: Net loss for the third quarter was $11.9 million, up from $0.8 million in the same period of 2023. The increase was mainly due to higher research and development expenses, general and administrative expenses, and financial expenses, including significant non-cash items related to share-based compensation, transaction costs and costs related to becoming a public company. Funding Updates: During Q3, Silexion drew down on its Equity Line of Credit (ELOC) agreement raising approximately $0.6 million in net proceeds to support its development and growth. Through the date of this report, including the Q3 transactions, the Company has raised total net proceeds of $2.5 million About Silexion Therapeutics: Silexion Therapeutics (NASDAQ: SLXN) is a pioneering clinical-stage, oncology-focused biotechnology company developing innovative RNA interference (RNAi) therapies to treat solid tumors driven by KRAS mutations, the most common oncogenic driver in human cancers. The company's first-generation product, LODER™, has shown promising results in a Phase 2 trial for non-resectable pancreatic cancer. Silexion is also advancing its next-generation siRNA candidate, SIL-204, designed to target a broader range of KRAS mutations and showing significant potential in preclinical studies. The company remains committed to pushing the boundaries of therapeutic innovation in oncology, with a focus on improving outcomes for patients with difficult-to-treat cancers. For more information please visit: https://silexion.com Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this communication, including statements regarding Silexion’s business strategy, research and development plans, anticipated milestones, expected clinical and preclinical advancements, and management’s objectives for future operations, are forward-looking statements. These forward-looking statements are generally identified by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential,” or “continue,” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements include, without limitation, Silexion’s expectations regarding the progression of its clinical and preclinical programs, anticipated benefits of recent capital-raising efforts, anticipated use of capital, future market conditions, expected regulatory filings, and other potential developments related to its research pipeline and business strategy. Forward-looking statements involve a number of risks, uncertainties, and assumptions, and actual results or events may differ materially from those projected or implied in such statements. Important factors that could cause such differences include, but are not limited to: (i) Silexion’s ability to realize the anticipated benefits of the business combination with Moringa, which may be impacted by competition, operational challenges, the retention of key personnel, and the costs associated with public listing; (ii) risks related to Silexion’s ability to advance its lead programs, including LODER™ and SIL-204, through clinical development successfully and in a timely manner; (iii) changes in regulatory requirements or the potential for regulatory delays; (iv) Silexion’s ability to maintain and expand its intellectual property portfolio; (v) the availability and terms of additional capital needed to fund ongoing research and development activities and operational expenses; (vi) the evolving market for RNA interference (RNAi) therapies and the competitive landscape in oncology; (vii) the possibility that Silexion may not achieve anticipated milestones within expected timelines, including initiation of Phase 2/3 clinical trials for SIL-204; (viii) risks associated with reliance on third-party manufacturers and collaborators for development and commercialization efforts; (ix) uncertainties related to Silexion’s ability to meet Nasdaq listing standards; and (x) other risks and uncertainties as detailed in the documents filed or to be filed with the SEC by Silexion, including the proxy statement/prospectus filed with the SEC on July 17, 2024. Silexion cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information available as of the date a forward-looking statement is made. Forward-looking statements set forth herein speak only as of the date they are made. Silexion undertakes no obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as otherwise required by law. SILEXION THERAPEUTICS CORP UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS The accompanying notes are an integral part of the unaudited condensed consolidated financial statements. * Represents an amount less than $1 ** Net of 121,119 treasury shares held by the subsidiary as of December 31, 2023 For More Financial Information: For a comprehensive understanding of the Company’s financial reports and related management’s discussion and analysis for applicable periods, please review the company’s 10-Q quarterly report for the quarter ending September 30, 2024, availble on the companies EDGAR profile at https://www.sec.gov/edgar. Contact Details Silexion Therapeutics Corp. Ms. Mirit Horenshtein Hadar, CFO mirit@silexion.com Investor Contact: ARX | Capital Market Advisors North American Equities Desk silexion@arxadvisory.com Company Website https://www.silexion.com

November 14, 2024 08:30 AM Eastern Standard Time

Article thumbnail News Release

CEO Of Cboe Sits Down With Benzinga To Talk State Of The Markets

Benzinga

By Johnny Rice, Benzinga Fred Tomczyk, CEO of Cboe Global Markets Inc. (Cboe: CBOE), was interviewed by Benzinga at the HOOD Summit, presented by Robinhood (NASDAQ: HOOD). Cboe Global Markets is the world’s leading derivatives and securities exchange network – operating in 27 markets globally – and facilitates trading in options, futures, equities, FX and more for all investors. The company has long been an innovator in financial products. A year into Mr. Tomczyk’s tenure as CEO, the firm appears to be firing on all cylinders. The CEO spoke about his firm's incredible growth and what he sees as the dominant trends in the upcoming year. Watch the full interview here: Featured photo by Austin Distel on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 14, 2024 08:30 AM Eastern Standard Time

Video Image
Article thumbnail News Release

The Evolution of Bingo: From Halls to Online Platforms

Acroud Media

Bingo, a game of chance that has entertained millions, has undergone significant transformations since its inception. From its early days in Italian lotteries to the bustling bingo halls of the mid-20th century, and now to the digital platforms of the 21st century, bingo's evolution is a fascinating journey. Origins and Early History Bingo's roots can be traced back to Italy in the 16th century. Known as "Il Gioco del Lotto d'Italia," it was a form of lottery that quickly gained popularity. By the 1700s, the game had spread to France, where it was called "Le Lotto" and was primarily played by the aristocracy. The game continued to evolve as it moved across Europe, reaching Germany, where it was used as an educational tool to teach children numbers and history. Bingo in the United States The game made its way to North America in the early 20th century, where it was initially known as "Beano." Players would mark their cards with beans, and a caller would shout out numbers. The name "Bingo" was coined when a player excitedly yelled "Bingo!" instead of "Beano" upon winning. This version of the game was popularized by Edwin S. Lowe, a toy salesman who saw its potential and began marketing it widely. The Golden Age of Bingo Halls Bingo's popularity soared in the mid-20th century, particularly in the United Kingdom and the United States. The Betting and Gaming Act of 1960 in the UK legalized large cash prizes, leading to the establishment of numerous bingo halls. These halls became social hubs, where communities gathered for entertainment and socialization. The game was not just about winning money; it was about the camaraderie and the thrill of the game. Decline of Traditional Bingo Halls Despite its popularity, the late 20th century saw a decline in traditional bingo halls. Several factors contributed to this downturn, including high taxes, the smoking ban, and the rise of alternative forms of entertainment. The number of bingo halls in the UK, for example, dropped significantly from nearly 600 in 2005 to under 400 by 2014. The Rise of Online Bingo The advent of the internet brought a new era for bingo. Online bingo platforms began to emerge in the late 1990s and early 2000s, offering players the convenience of playing from home. These platforms replicated the traditional bingo experience while adding new features such as chat rooms, themed games, and various bingo formats. The accessibility and variety of online bingo attracted a new generation of players, revitalizing the game. If you are interested in online bingo sites check out the dedicated review at cityam.com. Modern Bingo: A Blend of Tradition and Innovation Today, bingo continues to thrive both online and offline. While traditional bingo halls still exist, they often incorporate modern technology to enhance the player experience. Online bingo platforms have expanded to include mobile apps, allowing players to enjoy the game on the go. Additionally, the integration of social media features has made online bingo a more interactive and engaging experience. Conclusion The evolution of bingo from its humble beginnings in Italian lotteries to the digital platforms of today is a testament to its enduring appeal. Whether played in a bustling hall or on a smartphone, bingo remains a beloved game that brings people together. Its ability to adapt and innovate ensures that it will continue to entertain and engage players for generations to come. Contact Details Acroud Media info-media@acroudmedia.com

November 14, 2024 05:01 AM Eastern Standard Time

Image
Article thumbnail News Release

Trafera Names Pat Davidson as New Chief Executive Officer

Rotunda Capital Partners LLC

Trafera, a portfolio company of Rotunda Capital Partners, today announced the appointment of Pat Davidson as Chief Executive Officer. “We are thrilled to welcome Pat to Trafera,” said Corey Whisner, Managing Partner at Rotunda. “Trafera is a leading provider of technology solutions to K-12 schools and state and local government entities. Pat’s familiarity with Trafera as a board member and past leadership experience with sales driven organizations as well as technology leadership roles is exactly what we need to continue building on the Company’s strong history and dedication to customer experience.” With over 38 years of experience, Davidson brings a wealth of knowledge and expertise to Trafera. Earlier in his career, Pat held various executive roles at W.W. Grainger, including Senior Vice President of Sales, Marketing, and eCommerce, Senior Vice President of Customer Service and Vice President of Information Services. Pat also spent nearly 15 years as an operating partner working with multiple private equity-backed companies, where he provided strategic guidance and operational expertise, including his role as a trusted operating executive within the Rotunda Operating Executive Network. For more than a decade, Pat has played a pivotal role at Rotunda, contributing to strategy mapping, sales effectiveness consultation and serving on boards for select portfolio companies. He was also instrumental in helping develop Rotunda’s Strategy Execution Officer (SXO) program, further strengthening the firm's approach to operational excellence. “I am excited to join Trafera and work with the talented team to continue delivering exceptional value to our customers,” said Davidson. “I look forward to building upon the company’s strong foundation and driving future growth.” About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. About Trafera Trafera is a leading provider of educational technology to K-12 schools and a top K-12 focused reseller of Google Chrome devices. Trafera offers a broad range of additional hardware and software solutions that support better outcomes through technology and also offers a robust set of services including deployment and warranty support. Based in St. Paul, Minnesota, the company also has operations in Arden Hills, Minnesota; Madisonville, Louisiana; and Muskogee, Oklahoma supporting the needs of school districts nationwide. Visit www.trafera.com. Contact Details Rotunda Capital Partners Margaux Valle +1 240-962-1707 PR@rotundacapital.com Company Website https://www.rotundacapital.com

November 13, 2024 04:29 PM Eastern Standard Time

Article thumbnail News Release

TeamWorking by TechNexus becomes largest coworking space in Chicago after expansion at historic Civic Opera Building

TechNexus Venture Collaborative

TeamWorking by TechNexus, a shared workspace located in Chicago, is now the city’s largest coworking space as a result of a multi-floor expansion at the historic Civic Opera Building. TeamWorking now operates 100,000+ square feet of suites, offices, and event space at 20 N. Wacker Dr. after entering into a management partnership agreement with the building. JLL represented TeamWorking in the expansion, which now makes TeamWorking Chicago’s largest single coworking location. Born out of TechNexus Venture Collaborative, one of the most active venture firms in the country, TeamWorking is a tech-focused coworking space in Chicago that helps firms ready to scale and grow find a home. As a leading provider of tech-focused coworking solutions in Chicago, TeamWorking offers a community where entrepreneurs, innovators, executives, and teams can thrive. Along with being the physical home for TechNexus, TeamWorking tenants include fast-growing tech firms such as Ocient, Network Perception and TruckSmarter. More than 80 firms call TeamWorking home. In addition to office space, the location offers a rooftop terrace, fitness center, podcast studio and full editing suite, stocked kitchens, wellness room and more. Additional amenities include meeting space for up to 175 guests. Top brands like McDonald’s, Airbnb and more turn to TeamWorking to host their events. “TeamWorking is where the best tech companies in Chicago come to scale,” said Fred Hoch, co-founder and general partner of TechNexus. “We know that space is only as good as the people you have in it. TeamWorking’s focus on collaboration, network building, and community connection have created a space for Chicago’s most innovative organizations to grow, collaborate and thrive.” Beyond TeamWorking becoming the largest coworking space in Chicago, this transaction represents one of the larger transactions completed across the West Loop, and signifies trending momentum for coworking, hybrid office space that fits what many entrepreneurs, innovators and startup organizations are seeking as they build and scale their organization, according to JLL. “TeamWorking’s expansion represents surging momentum and growth across Chicago’s downtown office landscape as more organizations are seeking desirable amenities and collaborative office spaces to fuel their growth,” noted JLL’s Deanna Becker, Executive Vice President. About TeamWorking by TechNexus Established in 2007, TeamWorking’s innovative tech-focused community has grown to more than 750 alumni. TeamWorking is currently home to more than 80 companies, creating a community where entrepreneurs, innovators, executives, and teams can thrive. TeamWorking is located in Chicago's Civic Opera Building, steps from Union Station, Ogilvie, and the CTA, offering easy access to Chicago’s central business district. Learn more about available TeamWorking space here. About TechNexus Venture Collaborative TechNexus helps leading corporations and ambitious entrepreneurs develop mutually beneficial relationships that accelerate growth opportunities. A first-of-its-kind Venture Collaborative, we invest capital, incubate, and collaborate to create new growth opportunities. TechNexus, in partnership with leading corporations, has invested in more than 150 startups across the globe. TechNexus helps portfolio companies grow by creating new business models, revenue streams, markets and products. Portfolio companies include Harbinger Motors, Tonal, H3X and more. For more information, please visit technexus.com. Contact Details TeamWorking by TechNexus Jim Dallke jdallke@technexus.com Company Website https://teamworking.vc/

November 13, 2024 01:00 PM Eastern Standard Time

Article thumbnail News Release

Hispanic Motor Press Jury Panel Selects Finalists for the Top 2025 Vehicles for Hispanics

Hispanic Motor Press

The Hispanic Motor Press jury panel reveals its selection of vehicle finalists for the 2025 Hispanic Motor Press Awards (HMPA). The top three selections by category were based on key automotive purchase drivers for Hispanic consumers. Presented this year by leading car care brand Meguiar’s, the 15th annual HMPA jury panel evaluated more than two hundred vehicles, testing the advancements in technology, safety features, infotainment, and cleaner mobility solutions. The winners will be announced on November 21 at the main stage during the LA Auto Show – AutoMobility LA. “Automotive sales momentum is largely determined today by the Hispanic consumers, who represent 1 in 4 new vehicle purchases,” shares Ricardo Rodriguez-Long, a veteran automotive journalist and founder of the Hispanic Motor Press. With the continuous evolution of safety and tech features, we help guide Hispanic car buyers while empowering them with information on adopting clean and safe transportation that enhances their vehicle experience.” Joining HMPA this year is Meguiar’s, supporting car culture since 1901 and recognizing the importance of the Hispanic segment in the country’s economy. Their car care products have been used throughout Latin America for over a hundred years and have been an integral part of the Los Angeles car culture. The company is equally passionate about developing the best possible surface care products and in building and fostering genuine relationships with enthusiasts around the globe. The HMPA 2025 vehicle finalists, based on entry categories and manufacturers listed alphabetically, are: Electric Vehicle: Chevy Equinox EV, Hyundai Ioniq 6, and Kia EV9 Family Vehicle: Hyundai Santa Fe, Kia Carnival, Toyota Camry Pickup Truck: Chevy Silverado, Ford Ranger, Toyota Tacoma Sports Utility Vehicle: Hyundai Tucson, Kia Sorento Hybrid, Toyota Land Cruiser Luxury Vehicle: Genesis GV80 Coupe, Lincoln Nautilus, Ram Tungsten All 2025 HMPA finalist vehicles offer a positive overall ownership experience and are considered the most significant automobiles in the market, as they meet the needs and desires of Hispanic consumers. Auto manufacturers voluntarily submit their entries, and the expert jury panel evaluates vehicle features, including overall design, comfort, safety, economy, handling, performance, functionality, infotainment integration, interior design, environmental requirements, driver satisfaction, and price. The 2025 HMPA Jurors represent a distinguished, independent group of Hispanic automotive journalists, content creators, and industry influencers selected by the organization’s advisory board who volunteer their own time to participate and help the Hispanic consumer make an informed choice. The HMPA award-winning vehicles will be featured in an exclusive staged HMPA area in the convention center West Hall throughout the LA Auto Show from November 22 through December 1 at the Los Angeles Convention Center. About Meguiar’s With over 120 years of experience and surface care leadership, Meguiar’s remains deeply rooted in car culture, authentically pushing performance boundaries of detailing products to support all needs, from the experienced Pro to the curious novice. Meguiar’s, at its core, is undoubtedly about PASSION. Passion for developing the best possible surface care products, including Auto, Marine and RV. Passion for ensuring the experience using those products delivers a “WOW” – every time. And Passion for building and fostering genuine relationships with enthusiasts around the globe. Join the global community of people who genuinely love their cars and Reflect their Passion using Meguiar’s! About Hispanic Motor Press The Hispanic Motor Press Awards is the premier U.S. Hispanic awards presented in the country for the Latino community to educate and help pre-select the best vehicle options in the market. The jury panel is comprised of an independent group of national Hispanic automotive journalists, content creators, and influencers who assess the vehicles while considering key purchase drivers for Hispanic families in quality, reliability, style, safety, technology, and value. The annual awards include the Hispanic scholarship program for communications, automotive, and technology college students. Hispanic Motor Press Foundation Hispanic Motor Press Foundation is a non-profit 501(c)3 with the objective to educate and help the Hispanic consumer to move towards mobility that is clean, affordable, and capable of reducing greenhouse emissions and improving our air quality. For more information and to become a supporter, visit HispanicMotorPress.org. Follow Hispanic Motor Press on X@HMotorPressOrg, Facebook@hispanicmotorpress and Instagram@HispanicMotorPress. Click HERE for images Contact Details Hispanic Motor Press Yvonne Lorie +1 305-546-3688 yvonne.lorie@re-freshpr.com

November 13, 2024 12:09 PM Eastern Standard Time

Image
1 ... 7891011 ... 3771