Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Comcast Donates 200+ Laptops to San Joaquin Valley Students and Launches Five New ‘Lift Zones’ to Help Close the Digital Divide

Comcast California

In an effort to help close the Digital Divide in California, Comcast today donated 200+ laptops to students at El Concilio Academy in Stockton, CA, while also opening five new Lift Zones at several El Concilio California locations to provide free access to high-speed WiFi. As part of its larger digital equity initiative, Comcast also made a cash contribution of $50,000 to El Concilio, California, which is one of the largest community-based, nonprofit social service providers in California’s San Joaquin and Stanislaus Counties. Comcast’s award-winning Lift Zones program offers free WiFi, powered by a Comcast Business solution, which enables students, seniors, families, and community members to get online and more fully participate in the digital economy. With these new locations, Comcast has now established five Lift Zones in San Joaquin County—and a total of over 150 Lift Zones throughout its California service area. “It’s no secret that having access to high-speed, reliable broadband is even greater today than it was a couple years ago, and I’m grateful to see business partners like Comcast continuing to invest in our underserved communities,” said Jose R. Rodriguez, President & CEO of El Concilio California. “The resources provided by Comcast to our students and families today will have a significant impact on their overall quality of life, help maximize their potential and create lasting change.” “Thank you, Comcast for positively impacting our community through technology services, financial resources, and the launch of new Lift Zones in Stockton.” said Mayor Kevin Lincoln, of Stockton, CA. “Internet access is not a luxury, it is a necessity. I am grateful for Comcast’s continued support in providing these critical tools for our city.” “Closing the digital divide and addressing digital equity remain two of Comcast’s top priorities here in Stockton and across the nation,” said Broderick Johnson, EVP, Digital Equity and EVP, Public Policy, Comcast Corporation. “Programs like Lift Zones and our continued donations to provide digital literacy resources are helping to level the playing field and make sure the Internet is available to everyone who needs it.” Today’s announcement and donation is part of Project UP, Comcast’s $1 billion commitment to reach millions of people with the tools, resources, and skills needed to succeed in a digital world. The Comcast Lift Zones program complements the Internet Essentials program, which since 2011, has helped connect more than 10 million low-income people to the Internet at home. In California, Comcast has connected more than 1.7 million residents, making it the number one state in terms of overall participation in the Internet Essentials program. Comcast continues to be an avid participant in the Federal Government’s Affordable Connectivity Program (ACP), which provides eligible people up to a $30/per month credit toward their Internet and mobile services. New and existing Xfinity Internet or Internet Essentials customers can learn more about the program and sign up by visiting: https://www.xfinity.com/learn/internet-service/acp/free-internet. About El Concilio California Academies: El Concilio California Academies (ECCA) partners with community groups to build and operate free K-12 public charter schools serving students in the California. ECCA’s system of schools is designed to eliminate the achievement gap and provide school choice to families so their children are prepared for success in high school, college, and beyond. For more information or to enroll your student in the new Academy, visit ECCAcademies.org. About El Concilio California: In continual operation for 54 years, El Concilio California is a 501(c)(3) nonprofit multi-service agency with the trusted mission to uplift and advocate for California’s marginalized, minority, economically segregated, and communities of color by providing access to crucial services, programs, and resources to over 75,000 individuals and families annually for a whole-person approach to increased physical, psychological, and economic well-being, to help people create better futures for themselves and their families reach their full potential, become leaders to the community, and in turn empower others. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Jon Koriel +1 925-315-2690 jon_koriel@comcast.com

October 27, 2022 04:00 PM Pacific Daylight Time

Rentberry CEO Talks To Benzinga About Revolutionizing The Rental Experience

Rentberry

Interested in investing in Rentberry’s crowdfunding campaign? Click here to get started! Benzinga spoke with Rentberry Inc. ’s CEO Oleksiy Lubinsky about the company’s history and where it is going. Here is what Lubinsky had to say: Benzinga: What was the inspiration for Rentberry? When Lubinsky and his coworkers worked on their previous startup CityHour, they experienced the full force of a broken rental system in Silicon Valley. “It took us 28 days to find housing, and the rental platforms we had to go through had primitive functionality,” Lubinsky said. The reality reported in some parts of the rental world is there is a lack of transparency and the process is not streamlined — there is little automation, and nearly everything is manual. Lubinsky said he wanted to create a platform that provides transparency for renters and connects them to landlords in an easy and seamless way. Rentberry was a solution to a problem all too common for anyone who’s ever rented. Benzinga: What sets your platform apart from other platforms like Zillow or Trulia? Rentberry is a platform where all rental tasks can be done in one place. There is no need to wait on a landlord to complete each step. On a platform like Zillow, everything is manual. You have to call or email the landlord on a listing you like, and then there is a lot of back and forth. Rentberry eliminates this nuisance. Lubinsky explained that they built the platform with users in mind. A user uploads all of their necessary documentation to the platform so all rental tasks can be done in one place. The landlord can also easily see all applicants and manage next steps online. The platform was created to save renters time, money and stress. Another aspect that sets Rentberry apart is the transparency the platform promotes. On Rentberry, an applicant can see how many applications have been submitted for a listing as well as other pertinent information. For example, an applicant can see whether a competing applicant has offered more money, is a smoker, has roommates or pets and more. By providing renters with this information, they have more power to negotiate and choose their properties wisely. Benzinga: How does Rentberry fit into the current and future landscape of real estate? Lubinsky shared that more people will rent than buy in the near future. He explained that the real estate landscape is going through an “uberization process.” Just as people are relying less on cars with the advent of platforms like Uber, people will be looking more toward renting than buying property. “Between the upkeep of a home and things like property taxes, it can be a hassle to own a home,” he said. Even when people buy homes, Lubinsky said he believes it will be later in life after a longer period of renting. Because of this, it was important to his team to create a user-friendly rental platform. More people are also yearning for mid-term rentals. In a world of digital nomads and people working from home, not to mention people who frequently travel for education or work, the need for mid-term rentals is on the rise. Rentberry will offer a Flexible Living option on its platform. The Flexible Living feature is for people who are looking for contracts between three and 12 months. Rental properties that are part of this program require no security deposit and are fully furnished. These properties are ideal for someone who “knows they are going to be in Miami for three months and then onto Los Angeles for four months after,” Lubinsky said. “An Airbnb is too expensive for long-term rentals, and people shouldn’t have to risk breaking their leases to secure housing.” One of the aspects of Rentberry Lubinsky is so proud of is the platform’s user acquisition. Because the platform allows users to store documentation, make monthly payments and request maintenance all in one place, people stay on Rentberry. Users’ tenant profiles allow them to find housing during their next move more easily. This is especially helpful for people who are frequently moving. Benzinga: What’s on the horizon for Rentberry? Lubinsky explains that Rentberry is looking to expand into commercial real estate and the senior housing industry. “The senior housing industry is broken,” he said. It’s rife with hidden fees and an overwhelming lack of transparency. Children, who are often the ones burdened with finding a favorable living situation for their parents, are often searching in the dark for rental properties. Rentberry hopes to bring transparency and usability to senior housing and commercial real estate. Benzinga: Can you describe your crowdfunding raise? Rentberry is hosting a crowdfunding raise through Oct. 28. The company is looking to raise $12.4 million and now has raised over $11 million of its goal from about 6,500 investors. The company has already raised over $21 million from the top venture capital funds and recognized angel investors from Google, McKinsey & Co., CBRE and Harvard Business School Alumni Angels. Lubinsky mentioned that there was also an equity bonus available to all investors. By contributing $10,000, investors can receive up to 20% in bonus shares. Rentberry is the first closed-loop platform that makes the long-term rental process transparent and safe, offers contactless rental experience, and helps properties realize their true market price. Its patented technology allows tenants to submit custom offers and potentially save $87 billion on move-in costs that are currently blocked as rental security deposits. Contact Details Oleksii Humeniuk o.humeniuk@rentberry.com Company Website https://rentberry.com/

October 27, 2022 03:57 PM Eastern Daylight Time

Comcast Makes Significant Investments in Fresno, CA to Help Close the Digital Divide

Comcast California

As part of its ongoing commitment to digital equity, workforce development, and work readiness skills, Comcast today announced the launch of a new “Lift Zone” at Saint Rest Baptist Church, surprising 200 families with free laptops, and investing $200,000 to bring digital equity to the Valley. This new Lift Zone will provide free WiFi access, powered by a Comcast Business solution, to help connect youth and their families, seniors, and community members to the Internet so they can fully participate in educational opportunities and the digital economy. With this new location, Comcast has now established 16 Lift Zones in Fresno County—and a total of more than 150 Lift Zones throughout its California service area. Comcast also donated $25,000 to Saint Rest Baptist Church to help create a new computer lab as well as provide digital literacy training to students, families, seniors, and community members within Fresno. Earlier this year, Comcast also invested $1 million to expand its network to Biola, CA, a rural community in Fresno County, along with opening a Lift Zone at the Biola Community Services District. Through these significant investments and supply of reliable WiFi service at multiple educational and community spaces, in addition to homes and businesses, Comcast has helped thousands get online, bringing the Central Valley a step closer to eliminating the digital divide. Additionally, Comcast announced today at an event with tech apprentices a $200,000 investment in Bitwise Impact, a 501(c)(3) to provide paid apprenticeships to learn technology skills and connect to meaningful technology opportunities in the Central Valley. The donation will help these organizations continue their impactful work in Fresno “For years, Comcast has shown its commitment to supporting low-income families and our community by ensuring they have access to an affordable, fast and reliable Internet connection,” said Pastor D.J. Criner, Pastor of Saint Rest Baptist Church. “We’re proud to partner with Comcast on the opening of this Lift Zone and look forward to the positive benefits it will bring to our Saint Rest community.” “Comcast’s significant investment in Fresno will expand workforce development initiatives and shows their commitment to connecting those who have largely been underserved with life changing opportunities in tech,” said Irma Olguin Jr., board member, Bitwise Impact. “Today’s announcement, and continued Comcast support, will increase access to tech training that supports small businesses, creates future leaders and entrepreneurs from individuals who otherwise would not have seen the tech industry as a place for them.” “Our continued partnership with the St. Rest Baptist Church community and Bitwise is part of our constant work here in Fresno, in which we’re striving to advance digital equity and workforce readiness in communities across the Central Valley,” said Broderick Johnson, EVP, Digital Equity and EVP, Public Policy, Comcast Corporation. “The opening of this new Lift Zone and computer lab at St. Rest and our $200,000 donation to Bitwise allows us to support students, seniors and families and provide them with the tools, skills, and resources they need to get connected and achieve their goals.” Today’s announcement and donation is part of Project UP, Comcast’s $1 billion commitment to reach millions of people with the tools, resources, and skills needed to succeed in a digital world. Comcast’s award-winning Lift Zones program complements the Internet Essentials program, which since 2011, has helped connect more than 10 million low-income people to the Internet at home. In California, Comcast has connected more than 1.7 million residents, making it the number one state in terms of overall participation in the Internet Essentials program. Lastly, Comcast continues to be a proud participant in the Federal Government’s Affordable Connectivity Program (ACP), which provides eligible people up to a $30/per month credit toward their Internet and mobile services. New and existing Xfinity Internet or Internet Essentials customers can learn more about the program and sign up by visiting: https://www.xfinity.com/learn/internet-service/acp/free-internet About Bitwise Impact Bitwise Impact, a 501(c)(3) nonprofit, launched in 2022 with the mission of mobilizing resources and communities to uplift underestimated individuals and/or those coming from a story of poverty. Bitwise Impact partners with mission-aligned organizations to unite resources, and connect community activators with the purpose of removing barriers for individuals aspiring for high-growth, high-wage employment in the tech industry. Beyond supporting partners through financial infusions, Bitwise Impact conducts and shares research to better understand demographics served, and systemic issues preventing upward mobility. All of this is done with the goal of building philanthropic alliances to create an equitable society. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast California Jon Koriel +1 925-315-2690 jon_koriel@comcast.com

October 27, 2022 11:00 AM Pacific Daylight Time

Integrated voice collaboration, best-in-class compliant communication and the power of connectivity showcased at Symphony’s Innovate New York 2022

Symphony Communication Services

The Symphony platform has seen a 500%+ increase in traffic across its compliance-enabled messaging offering for WhatsApp, WeChat and SMS T. Rowe Price announced 200,000 new connections with JP Morgan counterparts on Symphony Over 250 financial professionals attended the event in person Symphony – the leading markets’ technology and infrastructure platform – showcased the power of instant voice and real time connectivity while highlighting a compliant communications offering that is solving critical financial markets challenges, in the company’s flagship conference Symphony Innovate 2022, held last week in New York City. The full realization of the vision behind Symphony’s acquisition of Cloud9 Technologies last year was presented at Innovate, as attendees learned about Symphony’s applied voice strategy, which creates seamless connectivity and efficiency by connecting trader voice workflows to messaging workflows. Video. CEO Brad Levy talked about the state of the market and how Symphony is helping customers navigate the volatility, velocity and risk of the cycle. “Symphony is evolving to protect and enhance how our users communicate. Innovations such as instant voice are driving the market towards a future where information can be shared with ease without worry to those who need it most”, he said. Levy also shared significant growth in the Symphony network and platform, with a 60% increase in external messaging, 150% increase in buyside to sellside connections and an over 500% increase in traffic across Symphony’s compliant messaging offering for WhatsApp, WeChat and SMS. Video. Compliance and frictionless connectivity Putting in place robust regulatory and compliance practices is more critical than ever, with many banks in the United States recently being fined millions of dollars as a consequence of non-compliant communications. Regulatory and industry leaders joined the Symphony team to discuss how these challenges are being addressed. Among the experts on stage, were Commissioner Kristin Johnson from the Commodity Futures Trading Commission (CFTC), Dean Elwood from Umony, Paul Kelly from Blackstone Credit, Olga Chin from InterPrice Technologies, Keith Gaub from Bristol-Myers Squibb, James Gutow from Barclays, Jonathan Slavin from UBS, Wendy Askew from ETD, Matthew Cheung from ipushpull, Paul Dyson from Singletrack, Leslie Spiro from Glue42, Alejandra Villagra from JP Morgan, and John Courtney from Maverick Capital. CFTC Commissioner Johnson encouraged an active dialogue between regulators and financial firms and explained how she believed it was key for regulators to model best practices when it comes to technology. Video. In a demonstration of frictionless connectivity, head of global trading at T. Rowe Price, Marc Wyatt, joined remotely to share that “with the help of the Symphony team, we successfully connected the Global Trading organization at T. Rowe Price with our Global Markets counterparts at JP Morgan. In total, 200,000 new connections were created.” Also introduced at the event was the ETD (formerly known as Euromoney) @TaDa Chatbot - powered by ipushpull technology - which enables Symphony users to query reference data in real time, including corporate actions, exchanges holidays, symbology and historical transaction reporting. To wrap up the day, Alejandra Villagra, head of digital innovation at JP Morgan and John Courtney, senior equity trader at Maverick Capital, had a discussion moderated by Symphony CRO Gary Godshaw on the importance of connectivity, where voice and data fit in the market, and the future that lies ahead. Video. Over 250 leaders attended Innovate New York in-person while another 250+ financial professionals from around the world were able to watch live online. To view all Innovate New York 2022 sessions please visit: https://innovate.symphony.com/videos. The next editions of Innovate will take place in London and New York in the spring of 2023. About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Symphony Communication Services Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

October 27, 2022 11:37 AM Eastern Daylight Time

Image

Remotebase raises $2.1M at a $65M valuation as it launches developer hiring platform Talently

Remotebase

Hiring developers has always been a point of contention for businesses and technical recruiters. There’s no definitive verdict on what is the smarter way of hiring the right developer talent while expending a smart budget on it. In addressing this challenge, recruitment marketplace Remotebase is announcing a $2.1Million funding round as it launches the developer hiring tool Talently. The pre-series A was co-led by Indus Valley Capital and Hustlefund Ventures with participation from Soma Capital, Angel Squad, Draper Associates, and Angel investors from Redis and Careem. With this round, Remotebase has raised $2.1Million at a $65 million from investors. Remotebase offers pre-vetted top developer teams of Silicon Valley calibre and ready to operate for any client within 24 hours. To do this, Remotebase onboards the best developers and engineers as part of its focused hiring processes. The new recruitment app from Remotebase, Talently, is its latest proposition to anyone seeking to onboard the best-in-class developer talent. Talently helps developers find top job opportunities while inviting tech recruiters and hiring managers to seek dedicated remote developer teams by exploring more than 60,000+ pre-vetted developer profiles on the go. The app presents the closest match to customer requirements and immediately locks interviews with those developers so that companies can save 100s of hours of their time finding, vetting and hiring the candidates. Qasim Salam, the CEO of Remotebase, said: “Building and scaling our platform from just 11 engineers to now over 60,000+ within 2.5 years has truly been rewarding. With Talently we want to democratize work and enable millions of individuals from emerging countries to have access to the best opportunities in the world.” Hiring developers is challenging for several reasons. According to IDC, a leading market intelligence firm, there is an extremely high global shortage of skilled engineers that will reach up to 4 million developers by 2025. Another issue that intensifies the difficulty of hiring tech talent is the extensive length of the hiring process and its costly budget. According to Workable, hiring a developer usually takes 42 days, which can increase more depending on the candidate's notice period. The worst thing is that if you fail to find the right person, you need to go through the daunting hiring process again. It is where Talently completely changes the game by vetting and onboarding extremely talented developers by industry experts beforehand to eliminate the exhaustive tech hiring culture. Talently has quickly created an extensive talent network of global developers with extraordinary coding skills in 100+ programming languages, including Python, React, JavaScript, Java, Node.js, Android, Swift, PHP, Angular, C#, Ruby, and many more. It is an agile app for hiring exceptional remote developers or finding fully remote developer jobs that fit your talent. Talently will work on a subscription model. Business recruiters can get full access to hundreds of premium developer profiles for a small monthly fee starting at $499. Remotebase was founded by Qasim Asad Salam and Talha Masood, who identified an opportunity to revolutionize the tech hiring process by offering a unique competitive service. Initially, they launched two startups together, a software house and an engineers’ performance tracking system. After Covid changed how people work massively, the founders took it upon themselves to ensure the placement of their engineering teams and started to look for business within their network with an offering of pre-vetted engineers ready to be placed in 24 hours. They started getting positive responses and identified a huge demand for tech talent with minimal hiring time. Fortunately, their previous startup experience had made them experts in finding, hiring, and training software engineers and keeping track of their performance. That’s when things changed for the better, as they decided to scale this up, and the idea of Remotebase was born. The demand for remote tech talent increased tremendously during the pandemic. Soon, Remotebase skyrocketed from having one client to working with several unicorn companies and billion-dollar clients, including Northwestern Mutual, Fireflies.ai, and Fabric. Inc, etc. Since then, Remotebase has grown and now ventured into a diverse portfolio of remote working tools, developer tools, and a tech talent app. Talha Masood, the CTO of Remotebase, said: “We have always believed that talent has no borders, and if opportunities were to be equally shared with everyone across the globe, creating a fast track channel to match opportunities with the best resources, the fusion of skills and ideas will result in a tremendous tech revolution that would elevate the tech industry standards beyond our expectations. Talently is good news for tech recruiters, hiring managers, and CTOs who are constantly on the lookout for hiring the most reliable tech talent and want to avoid the costly hassle of technical assessments.” Based on initial reviews, the app has been received well by the B2B segments, and it looks like it will be a matter of time before Talently becomes the go-to app for tech recruitment across various regions and markets. Tim Draper, an investor in Remotebase, said: "Talently has the potential to become a game-changer in the way tech talent is hired all over the world. It can help both companies and developers surpass geographical constraints and make hiring processes much more efficient. About Remotebase Remotebase is a recruitment marketplace that matches tech companies with the world’s top 1% developer teams, pre-vetted and ready to hire within 24 hours. Their Silicon Valley standardized vetting process provides the finest tech experts with 100+ skills that best fit your timezone and work model, eliminating the highly exhaustive and costly hiring process. By introducing innovative tools like the Talently app, Remotebase is taking the lead in making tech hiring more efficient, economical, and hassle-free. For more information please visit Remotebase or follow via LinkedIn, Instagram and Twitter. Contact Details Remotebase Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.remotebase.com/

October 27, 2022 07:00 AM Pacific Daylight Time

Image

Could MySize’s Brand New Apparel Sizing Tech Be Ideally Timed, With A Boom In Fashion E-Commerce?

MySize, Inc.

While there may seem to be some indications that e-commerce growth is slowing amid the current inflation wave, however, equally strong signals suggest it may not be enough to stop U.S. retail e-commerce sales from surpassing a projected growth target of $1 trillion in 2022. Even amid the economic downturn, one sector — fashion and apparel — could fuel the e-commerce industry’s growth. A trend report by BigCommerce Holdings Inc. (NASDAQ: BIGC) revealed that the fashion and apparel sector has been an e-commerce powerhouse this year, outpacing overall e-commerce sales in North America. BigCommerce is not the only platform projecting growth for the industry. Statista also indicates that the e-commerce fashion industry’s compound annual growth rate (CAGR) is expected to reach 14.2% between 2017 and 2025, with the industry hitting a $672.71 billion valuation by 2023. Sales of apparel, footwear and accessories catapulted in 2021, hitting $180.5 billion in the U.S. alone. The sector is expected to grow by 13% this year, with consumers set to spend $204.9 billion on fashion items online. Eliminating A Challenge For Growth Even though there seem to be great prospects for the industry, growth can be hampered if people still face frustrations in buying online — imagine receiving items, like garments, that don’t fit? Receiving an ill-fitting garment can be frustrating and can leave the customer unsatisfied. Correct sizing is key to growth, building consumer confidence in the purchase and reducing costly returns. MySize Inc. (NASDAQ: MYSZ) says its MySizeID product is the solution. But the company, an omnichannel e-commerce platform and provider of an artificial intelligence (AI) measurement solution that drives revenue growth and reduces costs for its clients, also reports pioneering a different technology that could change the hybrid shopping experience. MySize’s FirstLook Smart Mirror could be one of the first solutions for challenges with hybrid shopping — an emerging trend that combines online and in-store shopping. The company says the product is an interactive, mirrorlike touch display that offers: Personalized fit and product recommendations 3D try-it-on interactive avatar experience Speed shopping and self-checkout Integration with any third-party point-of-sales (POS) system High Valuations And Revenues MySize believes its algorithm-based technology has broad applications — that could match if not beat product offerings from competitors. Just as LivePerson Inc. (NASDAQ: LPSN) hit a $4 billion valuation at 10 times revenue with a chat application that transformed e-commerce by increasing conversion rates and decreasing costs, sizing technology is gaining traction to do the same, the company says. As comparable companies are acquired by major players such as Snap Inc. (NYSE: SNAP), Gap Inc. (NYSE: GPS), Walmart Inc. (NYSE: WMT) and Zalando SE (ETR: ZAL) at attractive valuations, MySize notes it could also attract the same level of attention and be an acquisition target. Luckily, a recent report of record revenues in the first half of the year could support the premise that MySize has the right product and business in a high-growth segment. Retailers Taking Notice MySize’s technology has been adopted by top brands in fashion such as Levi Strauss & Co. (NYSE: LEVI), Nautica, Gant and Dockers, and it doesn’t look like the company is resting on its laurels. From all indications, MySize may only be getting started as more companies are adopting its technology, which could be ideally timed with growth in the fashion e-commerce boom. The company recently announced an agreement with 7 For All Mankind (Brazil), a premium global clothing brand, to license MySizeID, and it could be going live in the third quarter of this year. MySize also has an agreement with luxury British fashion brand Temperley London to license MySizeID. MiSize kicked off the year by acquiring Orgad, an omnichannel e-commerce platform. MySize hopes the acquisition and incorporation of MySizeID into Orgad’s e-commerce solution will increase its profit by reducing costly returns. MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) is an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients. Orgad, its online retailer platform, has expertise in e-commerce, supply chain, and technology operating as a third-party seller on Amazon.com and other sites. MySize recently launched FirstLook Smart Mirror, a mirror-like touch display that provides in-store customers an enhanced shopping experience and contactless checkout. FirstLook Smart Mirror extends MySize's reach into physical stores and is expected to contribute to revenues through unit sales and recurring service fees.MySize has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications, including the apparel, e-commerce, DIY, shipping, and parcel delivery industries. This proprietary measurement technology is driven by several algorithms that are able to calculate and record measurements in a variety of novel ways. To learn more about MySize, please visit our website: www.mysizeid.com. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Or Kles, CFO ir@mysizeid.com Company Website https://mysizeid.com

October 27, 2022 09:15 AM Eastern Daylight Time

Discover $SOPA In The Philippines 🏝 Interview With Philippines' General Manager, Arbie Pagdanganan

Society Pass Incorporated

Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com

October 27, 2022 09:00 AM Eastern Daylight Time

Video

Logitix Becomes First U.S.-based Partner with StubHub International

Logitix

Logitix, the leader in live event ticketing technology and analytics, announced a landmark partnership with StubHub International. The deal establishes Logitix as the first U.S.-based ticket distribution partner for StubHub International. As a result, customers outside of North America will be able to buy tickets to events happening in the United States and Canada. It will also mark the first time U.S. ticket sellers will have access to automated distribution solutions for international events. Effective immediately, ticket sellers across the U.S. who partner with Logitix will have a new distribution channel through StubHub International. Logitix manages millions of tickets across the NFL, NBA, MLB, NHL, college sports, and live event properties. “Our partnership with StubHub International is significant for the global ticketing marketplace,” said Logitix CEO Stu Halberg. “From a consumer perspective, it removes a barrier for buyers worldwide to purchase a ticket to an event in the U.S. or Canada. At the same time, our ticketing partners in the U.S. now have the opportunity to expand their distribution internationally.” “Our customers are passionate fans of U.S. sports such as NFL, NBA and MLB and they love to travel the world to see their favourite artists perform at iconic venues,” said StubHub International CEO Dan Mucha. “Partnering with a leading, trusted U.S.-based ticketing technology platform like Logitix gives our customers access to the biggest live experiences in North America.” About StubHub International StubHub International is a ticket exchange and resale company providing services for buyers and sellers of tickets for live entertainment events. Backed by award-winning customer care, StubHub’s FanProtect™ Guarantee means every ticket is guaranteed valid or customers receive a replacement ticket of equal or better value, or their money back. StubHub International Background StubHub International is the newly established independent group following the CMA’s inquiry into the merger of viagogo and StubHub. It was determined that StubHub’s international entities (all entities except those in the USA and Canada) were to be divested and made independent from StubHub and viagogo. It consists of businesses in the United Kingdom, Germany, Spain and numerous other international markets. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its partners, including ticketing rightsholders, agencies, and other sellers. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth +1 602-502-2793 nemeth@ericpr.com Company Website https://logitix.com/

October 27, 2022 08:35 AM Eastern Daylight Time

AI For All: How One Company Is Helping Small Businesses Improve Profitability Through AI

FatBrAin

Whether the economy is in a period of rapid growth or a major downturn, it’s often the topic of conversations and media attention alike. And while the stock market and big-name corporations often dominate headlines and news cycles around the state of the economy, many may be surprised to learn that it is small to medium-sized enterprises, also known as SMEs, that act as the true driving engine behind most economies globally. According to The World Bank, SMEs comprise a whopping 90% of businesses around the world and, on average, represent approximately half of employment. SMEs carry the bulk of the U.S.’s gross domestic product (GDP) output and generate millions of jobs. A report by the U.S. Small Business Administration Office of Advocacy notes that SMEs account for 44% of U.S. economic activity. Another report by the World Bank shows that SMEs are responsible for around 50% of worldwide employment as well as 40% of emerging markets. These metrics show that SMEs are foundational components of the U.S. economy, and their growth is key for the health of the economy. The World Bank estimates 600 million jobs will be needed to absorb the growing workforce by 2030, opening new opportunities for SMEs to improve their operational efficiencies and deepen their integration into their respective value chains. The good news: Technologies that could improve the efficiency, effectiveness and thus the profitability of SMEs already exist. At the top of this list of technologies is one many are already familiar with: artificial intelligence (AI). The Role Of Artificial Intelligence In SME Growth The human relationship to AI has been around for decades. With impressions ranging from the post-apocalyptic (think “The Matrix”) to the utopic (think automatic cancer diagnosis), the world has pondered the influence that machine intelligence could have on life and business. Many of these ideas are no longer merely products of wishful imagination. As professor Melanie Mitchell of Portland State University puts it, “Today’s AI programs… can spot subtle financial fraud, find relevant web pages in response to ambiguous queries, map the best driving route to almost any destination, beat human grandmasters at chess and Go, and translate between hundreds of languages.” This cognitive power has also been leveraged to produce results in financial settings. AI has been lauded for its ability to cut costs, automate tasks and create solutions. A report by the Organization for Economic Cooperation and Development (OECD) illuminates the benefits of AI with great clarity and places a spotlight on its efficacy with SMEs. Per this report, “By identifying patterns in datasets and learning from tacit knowledge, new AI systems make automating nonroutine tasks possible and frees workers from repetitive lower value-added tasks,” the report states. “These new waves of automation could help SMEs increase productivity, e.g. by refocusing activities on higher value-added functions, by reducing human and economic costs associated with accidents or injuries, or improving work environment. The implementation of such systems could also help small businesses overcome administrative bottlenecks and increase reactivity at lower costs, for instance by enabling customer interaction 24/7.” Automation is coming to simple apps that can be downloaded from on-line app stores to do critical tasks like reconciling bank accounts. The problem: Capital and information barriers have kept AI largely in the realms of corporate giants like IBM (NYSE: IBM) and conveniently out of reach of those that most need them: SMEs. FatBrain: ‘Artificial Intelligence For All’ FatBrain AI (LZG International, Inc.) (OTCQB: LZGI ) aims to change that. As a specialist in AI solutions for SMEs and beyond, FatBrain has cultivated AI solutions that enable every organization to simplify decision-making and harness data to grow, save and do better business. Daily, weekly, monthly SME problem cycles could involve the spectrum from “How can I get paid faster?”, “How should I pay my workers?”, “How can I get insured quickly?” to “When should I invest in capital?” FatBrain lowers the barriers to adopting data-driven AI solutions to address such questions. FatBrain believes such problems facing SMEs today have been troubling business owners for decades. These problems have long been difficult to derive solutions for because they involve too much data, have too many variables, and require too much time to efficiently address. FatBrain offers a comprehensive suite of solutions. It works by plugging into existing software-as-a-service (SaaS) products — like QuickBooks (NASDAQ: INTU) Shopify (NASDAQ: SHOP), and Hubspot (NYSE: HUBS) — and aligns data there with millions of diverse market data signals. Then, the collected data is passed through FatBrain’s AI 2.0 Peer Intelligence engine which, alongside FatBrain expert coaches, turns masses of disparate data into peer-intelligence and actionable insights. According to Chief Operating Officer Shawn Carey, FatBrain has worked with some of the biggest names in the business to help solve problems, including Bank of America Corp. (NYSE: BAC), Comcast Corp. (NASDAQ: CMCSA), IBM (NYSE:IBM), Samsung Electronics Co. Ltd. (KRX: 005930) and Pilgrim’s Pride (NASDAQ: PPC). Now, it wants to level the playing field by bringing AI to the driving engine of the U.S. economy: SMEs. FatBrain has a growing suite of plug-n-play solutions for SMEs that provide peer intelligence and actionable insights using FatBrain’s AI 2.0 technologies that are not available elsewhere in the market today. Stay tuned to Benzinga to learn more about how FatBrain and its solutions suite is revolutionizing AI for all. FatBrain AI (LZG International, Inc.; OTC: LZGI) is the first and leading provider of powerful and easy-to-use AI solutions to millions of businesses of tomorrow driving the majority of the global economy, empowering them to grow, innovate faster and savemoney. FatBrain’s innovative solutions transform continuous learning, narrative reasoning, cloud, blockchain and Web3 technologies into auditable, explainable and easy to integrate products. FatBrain’ssubscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud. The AI 2.0 pioneered by our teams is like WAZE for business growth, using advanced peerdynamics technology to automatically learn patterns from individual and peer behavior. This allows us to deliver coached, personalized AI solutions at hyperscale. FatBrain unifies insights from SaaS applications, turbo-charged by peer and market dynamics: 1) Realize attainable goals from explainable peer performance. 2)Turbo-charge human expertise with superhuman AI insights. 3) Accelerate growth through the contributory network effects. 4) Simplify harnessing data across common apps and market signals. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Shawn Carey ir@fatbrain.ai Company Website https://fatbrain.ai/

October 27, 2022 08:00 AM Eastern Daylight Time

1 ... 360 361 362 363 364 ... 591