Competition

Spencer Matthews Elevates Entrepreneurs to New Heights in HONOR's "World's Lightest Boardroom"

Retrieved on: 
Friday, April 5, 2024

LONDON, April 5, 2024 /PRNewswire/ -- This week, to celebrate the launch of the HONOR Magic V2 , the world's lightest foldable smartphone[1], HONOR created the "World's Lightest Boardroom", hosted by Made In Chelsea star Spencer Matthews.

Key Points: 
  • LONDON, April 5, 2024 /PRNewswire/ -- This week, to celebrate the launch of the HONOR Magic V2 , the world's lightest foldable smartphone[1], HONOR created the "World's Lightest Boardroom", hosted by Made In Chelsea star Spencer Matthews.
  • The sky-high founders who pitched to Matthews included:
    Not for those with a fear of heights, the budding business owners presented pre-prepared elevator pitches on the HONOR Magic V2 foldable smartphone.
  • To discover the full story of HONOR's "World's Lightest Boardroom' and the HONOR Magic V2 , visit @ukhonor on Instagram.
  • The HONOR Magic Vs2 is the lightest in China and only available in this region.

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

The Federal Aviation Administration Partners with HeroX to Identify Innovative Means of Leveraging Artificial Intelligence, Offering $100k Prize Purse

Retrieved on: 
Wednesday, March 27, 2024

WASHINGTON, March 27, 2024 /PRNewswire/ -- The Federal Aviation Administration today announced the " 2024 FAA Data Challenge ", which is being implemented by HeroX .

Key Points: 
  • WASHINGTON, March 27, 2024 /PRNewswire/ -- The Federal Aviation Administration today announced the " 2024 FAA Data Challenge ", which is being implemented by HeroX .
  • The goal of the challenge is to invite university students to explore the 'Art of the Possible' in an information-centric National Airspace System (NAS).
  • "This Challenge is centered around using data more effectively to support the FAA's mission of driving innovation through improved access to data," says Marseta Dill, acting Chief Data Officer.
  • "We want to reach those who will become the transportation leaders of tomorrow and invite them to participate."

U.S. Merchants Enter into Landmark Class Action Settlement with Visa and Mastercard to Eliminate Anti-Competitive Restraints and Reduce Swipe Fees

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- A landmark antitrust class action settlement has been reached between U.S. merchants and Visa Inc. ("Visa") and Mastercard Incorporated ("Mastercard") to resolve claims for injunctive relief in In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The settlement, which is among the largest in U.S. antitrust history, is subject to approval by the U.S. District Court for the Eastern District of New York. The class includes all merchants who accepted Visa or Mastercard debit or credit cards in the United States at any time during the period between December 18, 2020 and the date of entry of final judgment by the court. The class is represented by Steve Shadowen of Hilliard Shadowen LLP; Robert Eisler of Grant & Eisenhofer PA; Michael Freed of Freed Kanner London & Millen LLC; and Linda Nussbaum of Nussbaum Law Group, P.C.

Key Points: 
  • The settlement eliminates anti-competitive restraints that will deliver U.S. merchants billions of near- and long-term savings.
  • Experts expect substantially greater additional savings as the agreed upon policy changes provide merchants of all sizes with new negotiating leverage against Visa and Mastercard.
  • Importantly, the settlement prohibits Visa and Mastercard from circumventing the injunctive relief, providing strong anti-circumvention provisions and independent verification and calculations on swipe fees.
  • The settlement stems from a 2005 lawsuit which alleged that merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws.

Competition Bureau seeks to protect the integrity of contracts leading up to the FIFA World Cup 26

Retrieved on: 
Friday, March 22, 2024

GATINEAU, QC, March 22, 2024 /CNW/ - The Competition Bureau has launched a new reporting tool to help the public and business community report potential collusive agreements between competitors related to the FIFA World Cup 26.

Key Points: 
  • GATINEAU, QC, March 22, 2024 /CNW/ - The Competition Bureau has launched a new reporting tool to help the public and business community report potential collusive agreements between competitors related to the FIFA World Cup 26.
  • The Bureau urges anyone with information regarding bidders who are entering into collusive agreements, to win contracts linked to the World Cup, to report it using the reporting tool.
  • Collusion undermines fair competition, threatens the integrity of markets and increases the cost and risk of doing business.
  • We are determined to pursue those who seek to unjustly profit from contracts related to the World Cup."

Research Team Progresses to Final Phase in NIH Competition, Pioneering Autonomic Neuromodulation to Expand Applications for Spinal Stimulation

Retrieved on: 
Thursday, March 21, 2024

EAST HANOVER, N.J., March 21, 2024 /PRNewswire/ -- Marking significant progress towards improving the lives of individuals with spinal cord injuries, Kessler Foundation, University of Louisville, and John Hopkins Applied Physics Laboratory (with the support of Medtronic) have collaboratively won the $1,000,000 prize for Phase 2 of the Neuromod Prize for their project titled, "Neuromodulation of the lumbosacral spinal cord for improvement of autonomic function after spinal cord injury." With this win, the team advances to compete for the Phase 3 prize pool of $5 million.

Key Points: 
  • With this win, the team advances to compete for the Phase 3 prize pool of $5 million.
  • Phase 1 called for innovative therapy concepts and development plans, leading to Phase 2's proof-of-concept studies by the eight selected teams.
  • On February 27, 2024, the NIH announced the four Phase 2 victors, marking a breakthrough moment in neuromodulation research.
  • "Most importantly, what we are learning and sharing about neuromodulation through this Competition will influence new approaches to treating other types of disabling autonomic dysfunction."

Homer L. Hartage Releases Vital Guidebook on Navigating Guardianship Challenges Amid Rising National Concern

Retrieved on: 
Thursday, March 21, 2024

ORLANDO, Fla., March 21, 2024 /PRNewswire/ -- Expert care giver and advocate, Homer L. Hartage, recently announced the upcoming May release of his new guidebook to help lead Floridians and others through the complex world of legal guardianship. "Family and Professional Guardianship" addresses how to achieve the critical balance between safeguarding vulnerable individuals while also managing their legacies, preserving their dignity, and securing their autonomy.

Key Points: 
  • "Family and Professional Guardianship: A Compete Planning Guidebook for Guardians of Adults and Children with Dementia, Alzheimer's and Developmental Disabilities."
  • ORLANDO, Fla., March 21, 2024 /PRNewswire/ -- Expert care giver and advocate, Homer L. Hartage , recently announced the upcoming May release of his new guidebook to help lead Floridians and others through the complex world of legal guardianship.
  • "There is a way to do that with care and respect, and I wanted to shed some light on how.
  • I will explain the different types of guardianship, including person, property, limited, voluntary, guardian advocate, veteran, plenary, family, and professional guardianship.

Small Commercial Insurance Market: Opportunities to Compete

Retrieved on: 
Wednesday, March 13, 2024

Small businesses continue to evolve and have bespoke needs that small commercial market (SCM) insurers must meet, ranging from multiple distribution avenues to product needs and digital capabilities.

Key Points: 
  • Small businesses continue to evolve and have bespoke needs that small commercial market (SCM) insurers must meet, ranging from multiple distribution avenues to product needs and digital capabilities.
  • A new Conning report, "Small Commercial Insurance Market: Opportunities to Compete", provides an analysis of trends in the small commercial market, focusing on insurance industry developments and important trends in the customer base.
  • Subjects covered in the report include small business insurance market characteristics and sizing, the general state of small business in the U.S., trends in small commercial insurance distribution, and an assessment of the near-term opportunities and concerns.
  • The Conning report, "Small Commercial Insurance Market: Opportunities to Compete", the tenth in a series focused on the small commercial insurance market, is available for purchase from Conning by calling (888) 707-1177 or by visiting https://go.conning.com/2024-Small-Commercial-Report.html .

Highly Acclaimed by Global B2B Buyers, 16 Taiwanese SMEs Showcase Their International Trade Capabilities

Retrieved on: 
Tuesday, March 12, 2024

TAIPEI, March 12, 2024 /PRNewswire/ -- The 16 finalists of the 10th "Taiwan E-Talent Competition" officially announced on 6 March. The selected finalists include internationally recognized hidden champions, seasoned manufacturing companies, and emerging stars in international trade. The diverse industries and product categories highlight the strong capabilities of Taiwan's small and medium-sized enterprises (SMEs) in products and services, earning widespread acclaim.

Key Points: 
  • The selected finalists include internationally recognized hidden champions, seasoned manufacturing companies, and emerging stars in international trade.
  • Taiwan E-Talent Competition announced the top 16 finalists, demonstrating Taiwan enterprises' solid quality trusted by international buyers.
  • The top 16 SMEs selected have witnessed the pivotal role of AI technology, data analysis, and short video content in business transformation.
  • They have also challenged conventional operations to achieve remarkable results in the international market, some even have developed a "one-stop" service and integrated trade model.