Fifth

Statement Regarding Illumina’s Decision to Divest Grail

Retrieved on: 
Wednesday, January 3, 2024

Illumina, Inc. announced it would divest Grail, Inc. following a U.S. Court of Appeals for the Fifth Circuit decision that supported the Federal Trade Commission’s determination that the acquisition threatened competition in the market for cancer detection tests.

Key Points: 
  • Illumina, Inc. announced it would divest Grail, Inc. following a U.S. Court of Appeals for the Fifth Circuit decision that supported the Federal Trade Commission’s determination that the acquisition threatened competition in the market for cancer detection tests.
  • Illumina’s decision to unwind its acquisition of Grail ensures the market for cancer detection tests remains competitive and delivers a choice of high-quality tests for patients and physicians, ultimately saving lives.
  • In April 2023, the Commission issued an opinion and order reversing the Administrative Law Judge’s dismissal of the proceeding and requiring Illumina to divest Grail.
  • On December 17, 2023, Illumina then announced it would divest Grail.

Statement Regarding Illumina’s Decision to Divest Grail

Retrieved on: 
Wednesday, January 3, 2024

Illumina, Inc. announced it would divest Grail, Inc. following a U.S. Court of Appeals for the Fifth Circuit decision that supported the Federal Trade Commission’s determination that the acquisition threatened competition in the market for cancer detection tests.

Key Points: 
  • Illumina, Inc. announced it would divest Grail, Inc. following a U.S. Court of Appeals for the Fifth Circuit decision that supported the Federal Trade Commission’s determination that the acquisition threatened competition in the market for cancer detection tests.
  • Illumina’s decision to unwind its acquisition of Grail ensures the market for cancer detection tests remains competitive and delivers a choice of high-quality tests for patients and physicians, ultimately saving lives.
  • In April 2023, the Commission issued an opinion and order reversing the Administrative Law Judge’s dismissal of the proceeding and requiring Illumina to divest Grail.
  • On December 17, 2023, Illumina then announced it would divest Grail.

Intel Accelerates AI Everywhere with Launch of Powerful Next-Gen Products

Retrieved on: 
Thursday, December 14, 2023

At its “AI Everywhere” launch in New York City today, Intel introduced an unmatched portfolio of AI products to enable customers’ AI solutions everywhere — across the data center, cloud, network, edge and PC.

Key Points: 
  • At its “AI Everywhere” launch in New York City today, Intel introduced an unmatched portfolio of AI products to enable customers’ AI solutions everywhere — across the data center, cloud, network, edge and PC.
  • Intel CEO Pat Gelsinger showed for the first time an Intel® Gaudi®3 AI accelerator, arriving on schedule next year.
  • “Intel is on a mission to bring AI everywhere through exceptionally engineered platforms, secure solutions and support for open ecosystems.
  • With partners and a broad ecosystem, Intel is unlocking new growth opportunities fueled by AI, bringing AI everywhere.

NEXCOM Empowering Future Networks with 5th Gen Intel Xeon Processors

Retrieved on: 
Friday, December 15, 2023

Powered by the revolutionary 5th Gen Intel Xeon scalable processor family and equipped with advanced technologies for security and AI application, this cutting-edge appliance guarantees unmatched performance and efficiency and ensures a robust defense against cyber threats.

Key Points: 
  • Powered by the revolutionary 5th Gen Intel Xeon scalable processor family and equipped with advanced technologies for security and AI application, this cutting-edge appliance guarantees unmatched performance and efficiency and ensures a robust defense against cyber threats.
  • The NSA 7160R excels with increased DDR bandwidth up to 5600 MT/s and a larger LLC, delivering enhanced performance and reduced latency for networking workloads.
  • "NEXCOM is proud to be among the first companies to introduce the 5th Gen Intel Xeon platform to the market," said Allan Chiu, VP of Network & Communication Solutions at NEXCOM.
  • With our productive collaboration and incorporation of the latest Intel technologies, NEXCOM continues to lead the industry, delivering unprecedented performance to the network sector."

NEXCOM Empowering Future Networks with 5th Gen Intel Xeon Processors

Retrieved on: 
Friday, December 15, 2023

Powered by the revolutionary 5th Gen Intel Xeon scalable processor family and equipped with advanced technologies for security and AI application, this cutting-edge appliance guarantees unmatched performance and efficiency and ensures a robust defense against cyber threats.

Key Points: 
  • Powered by the revolutionary 5th Gen Intel Xeon scalable processor family and equipped with advanced technologies for security and AI application, this cutting-edge appliance guarantees unmatched performance and efficiency and ensures a robust defense against cyber threats.
  • The NSA 7160R excels with increased DDR bandwidth up to 5600 MT/s and a larger LLC, delivering enhanced performance and reduced latency for networking workloads.
  • "NEXCOM is proud to be among the first companies to introduce the 5th Gen Intel Xeon platform to the market," said Allan Chiu, VP of Network & Communication Solutions at NEXCOM.
  • With our productive collaboration and incorporation of the latest Intel technologies, NEXCOM continues to lead the industry, delivering unprecedented performance to the network sector."

Supermicro Offers Rack Scale Solutions with New 5th Gen Intel® Xeon® Processors Optimized for AI, Cloud Service Providers, Storage, and Edge Computing

Retrieved on: 
Thursday, December 14, 2023

SAN JOSE, Calif., Dec. 14, 2023 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, announces rack scale air and liquid cooled solutions based on the X13 family of workload-optimized servers now support the new 5th Gen Intel Xeon processors (formerly codenamed Emerald Rapids). The new product lineup includes GPU servers for Generative AI, throughput and latency-optimized E3.S Petascale servers, cost-effective high-density Enterprise and Simply Double storage servers for large-scale object storage, and a new 4-node SuperEdge systems with enhanced storage capacity.

Key Points: 
  • The 5th Gen Intel Xeon processors provide a 36%3 higher average performance/watt across workloads vs. 4th Gen Intel Xeon Scalable processors.
  • Both CPU and GPU direct-to-chip liquid cooling are available on the system via Supermicro's complete rack integration and liquid cooling solutions.
  • Supermicro is also launching several new servers supporting the new Intel Xeon E-2400 processors (formerly codenamed Catlow Platform, Raptor Lake-E).
  • A comprehensive software suite that enables rack management at scale for IT infrastructure solutions deployed across the core to the edge.

Supermicro Offers Rack Scale Solutions with New 5th Gen Intel® Xeon® Processors Optimized for AI, Cloud Service Providers, Storage, and Edge Computing

Retrieved on: 
Thursday, December 14, 2023

SAN JOSE, Calif., Dec. 14, 2023 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, announces rack scale air and liquid cooled solutions based on the X13 family of workload-optimized servers now support the new 5th Gen Intel Xeon processors (formerly codenamed Emerald Rapids). The new product lineup includes GPU servers for Generative AI, throughput and latency-optimized E3.S Petascale servers, cost-effective high-density Enterprise and Simply Double storage servers for large-scale object storage, and a new 4-node SuperEdge systems with enhanced storage capacity.

Key Points: 
  • The 5th Gen Intel Xeon processors provide a 36%3 higher average performance/watt across workloads vs. 4th Gen Intel Xeon Scalable processors.
  • Both CPU and GPU direct-to-chip liquid cooling are available on the system via Supermicro's complete rack integration and liquid cooling solutions.
  • Supermicro is also launching several new servers supporting the new Intel Xeon E-2400 processors (formerly codenamed Catlow Platform, Raptor Lake-E).
  • A comprehensive software suite that enables rack management at scale for IT infrastructure solutions deployed across the core to the edge.

SWAROVSKI UNVEILS ITS DAZZLING NEW FLAGSHIP STORE ON FIFTH AVENUE

Retrieved on: 
Friday, December 8, 2023

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Swarovski opens the doors to its largest ever flagship store on New York's Fifth Avenue this holiday season.

Key Points: 
  • NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Swarovski opens the doors to its largest ever flagship store on New York's Fifth Avenue this holiday season.
  • Alexis Nasard, Swarovski CEO, commented: "Swarovski on Fifth is a major milestone for Swarovski, and stands as a symbol of our brand evolution.
  • Kolja Kiofsky, Swarovski North America GM, commented: "Swarovski's first ever New York flagship, located on Fifth Avenue, places the brand at the heart of luxury.
  • A feast for all the senses, Swarovski on Fifth is a world filled with inspiration and magical moments.

Thinkific Announces Third Quarter 2023 Financial Results and Provides Fourth Quarter 2023 Outlook

Retrieved on: 
Tuesday, November 7, 2023

Total revenue increased 13% year-over-year to $15.0 million compared with the third quarter of 2022, above our guided Q3 2023 range of $14.5 - $ 14.7 million.

Key Points: 
  • Total revenue increased 13% year-over-year to $15.0 million compared with the third quarter of 2022, above our guided Q3 2023 range of $14.5 - $ 14.7 million.
  • Gross margin was 77% in the third quarter of 2023, a slight increase from 76% recorded for the third quarter last year.
  • Total Paying Customers(2) grew 3% to 34.4 thousand in the third quarter of 2023 compared to the prior year.
  • A conference call will be held at 2:30 PM PT (5:30 PM ET) on November 7, 2023 to discuss Thinkific's third quarter financial and operational results.

NCLA Amicus Brief Asks Supreme Court to Hear Case Challenging NLRB’s Unfair Injunction Standard

Retrieved on: 
Tuesday, November 7, 2023

The New Civil Liberties Alliance has filed an amicus curiae brief urging the U.S. Supreme Court to hear the Starbucks Corp. v. McKinney case, reverse the Sixth Circuit’s error, and overturn the injunction.

Key Points: 
  • The New Civil Liberties Alliance has filed an amicus curiae brief urging the U.S. Supreme Court to hear the Starbucks Corp. v. McKinney case, reverse the Sixth Circuit’s error, and overturn the injunction.
  • Yet, five federal circuit courts, including the Sixth Circuit, apply a far more relaxed standard when NLRB seeks a preliminary injunction against an employer.
  • This judge-made departure from the usual preliminary injunction standard amounts to systematic judicial bias in favor of injunctions being sought by NLRB.
  • NCLA asks the Supreme Court to eliminate this coercive dynamic, which exemplifies many deep-seated problems in the Administrative State.