Electron capture

Your Bourse Joins Forces With Five Top Tier Liquidity Providers to Help Small and Start-up Brokers Succeed

Retrieved on: 
Monday, November 20, 2023

Fortunately, Your Bourse and the Premium Liquidity Providers are here to help new and smaller brokers succeed.

Key Points: 
  • Fortunately, Your Bourse and the Premium Liquidity Providers are here to help new and smaller brokers succeed.
  • IXO Prime stands as a premier liquidity provider, specializing in delivering institutional-level liquidity to professional clients.
  • Collaborating with one of these Premium Liquidity providers grants brokers complimentary access to Your Bourse technology.
  • Following the start of collaboration, it was strategically important to provide brokers with the highest levels of performance and reliability.

BrainChip Awarded Latest Patent for Event-Based Pattern Detection

Retrieved on: 
Wednesday, December 27, 2023

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, was issued its latest U.S. patent, further strengthening its IP portfolio related to sustainable and efficient AI technologies.

Key Points: 
  • BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, was issued its latest U.S. patent, further strengthening its IP portfolio related to sustainable and efficient AI technologies.
  • Patent US 11,853,862, “Method, Digital Electronic Circuit and System for Unsupervised Detection of Repeating Patterns in a Series of Events,” facilitates learning in a digital hardware implementation of a spiking network.
  • “While we push the bounds with our innovative neuromorphic technology, preserving its integrity is paramount,” said Sean Hehir, CEO of BrainChip.
  • In addition, there are nearly 30 pending patent applications across the US, Europe, Australia, Canada, Japan, Korea, India, Brazil, Russia, Mexico, and Israel.

inriver Joins the MACH Alliance

Retrieved on: 
Wednesday, December 13, 2023

“We’re thrilled to formally welcome inriver to the MACH Alliance.

Key Points: 
  • “We’re thrilled to formally welcome inriver to the MACH Alliance.
  • Their presence, along with seven global business leaders also announced today, carries significant momentum to further our work, as we have now surpassed 100 members,” said Casper Rasmussen, President of the MACH Alliance.
  • “We are proud to join the rich and innovative ecosystem that makes up the MACH Alliance,” said Niels Stenfeldt, CEO and Board Member at inriver.
  • All members of the MACH Alliance must meet a stringent set of certification standards and remain in compliance to display the MACH Certified seal.

Arrow Electronics Establishes High-Power Centre of Excellence in UK to Accelerate Electrification and Sustainability

Retrieved on: 
Tuesday, December 12, 2023

Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the establishment of a High-Power Centre of Excellence (CoE) in Swindon, United Kingdom.

Key Points: 
  • Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the establishment of a High-Power Centre of Excellence (CoE) in Swindon, United Kingdom.
  • The purpose of this High-Power CoE is to assist customers in the development of high-power solutions, a critical component in advancing electrification and sustainability initiatives.
  • Arrow Electronics' High-Power CoE is strategically positioned to address these challenges.
  • High-voltage electronics is a key enabler, and in Arrow Electronics, customers have a reliable team member to help them navigate this energy transition journey effectively," said Murdoch Fitzgerald, vice president, global engineering and design services at Arrow Electronics.

Ouster Exceeds Q3 2023 Revenue Guidance; Achieves Over $120 Million in Annualized Cost Savings; Sets Financial Framework to Help Reach Profitability

Retrieved on: 
Thursday, November 9, 2023

Adjusted EBITDA3 loss improved to $18 million, compared to a loss of $24 million in the second quarter of 2023.

Key Points: 
  • Adjusted EBITDA3 loss improved to $18 million, compared to a loss of $24 million in the second quarter of 2023.
  • The results for the three months ended September 30, 2023 and June 30, 2023 reflect the combined performance of Ouster and Velodyne.
  • Long-term financial framework: Ouster has set a financial framework focused on achieving 30-50% annual revenue growth, expanding gross margins to 35-40%, and maintaining operating expenses at or below third quarter 2023 levels.
  • For the fourth quarter of 2023, Ouster expects to achieve $23 million to $25 million in revenue.

MAVENOID LAUNCHES DYNAMIC HELP CENTER FOR PERSONALIZED PRODUCT SUPPORT CONTENT

Retrieved on: 
Thursday, November 16, 2023

STOCKHOLM, Nov. 16, 2023 /PRNewswire/ -- Today Mavenoid, the leading intelligent product support platform, announced the launch of Dynamic Help Center to provide product manufacturers and retailers with a best-in-class help center experience for resolution rates from 47% up to 70%.

Key Points: 
  • Mavenoid's Dynamic Help Center is the first customized help center experience built with AI, delivering up to 70% resolution rates
    STOCKHOLM, Nov. 16, 2023 /PRNewswire/ -- Today Mavenoid, the leading intelligent product support platform, announced the launch of Dynamic Help Center to provide product manufacturers and retailers with a best-in-class help center experience for resolution rates from 47% up to 70%.
  • Powered by AI, Mavenoid offers personalized product support content to help people troubleshoot their products and devices.
  • "With Dynamic Help Center, we were able to extend this same highly personalized support experience by replacing our legacy help center system with Mavenoid.
  • "We developed Dynamic Help Center as part of our continuous push to remove the friction that comes with resolving product issues," said Galina Ryzhenko, VP of Product at Mavenoid.

Wolverine Worldwide Accelerates Transformation Initiatives

Retrieved on: 
Thursday, November 9, 2023

Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.

Key Points: 
  • Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.
  • “We are taking decisive steps to stabilize the business by divesting non-core assets, paying down debt, reducing inventory, and right-sizing our cost structure.
  • To date, the Company has identified initiatives that are expected to deliver $215 million in annualized savings, including a global workforce restructuring announced today.
  • In a separate press release today, Wolverine Worldwide reported financial results for the third quarter of 2023.

MatSing Introduces New 6-Beam Panel Lens Antennas to Deliver 6x Capacity Augmentation

Retrieved on: 
Thursday, November 9, 2023

MatSing , the pioneer and innovator of high-capacity lens antennas, today announced general availability of its new 6-beam MBA product set to address evolving connectivity needs of carriers.

Key Points: 
  • MatSing , the pioneer and innovator of high-capacity lens antennas, today announced general availability of its new 6-beam MBA product set to address evolving connectivity needs of carriers.
  • (Photo: Business Wire)
    “Superior connectivity in the entire coverage area, increased speed & capacity, and a scalable, cost-effective & future-proof solution remain key requirements for carriers globally,” said Bo Larsson, MatSing CEO.
  • “Following up on our recent 3-beam panel lens antenna portfolio launch, we are pleased to introduce our new 6-beam solution set today.
  • Delivering 6x capacity enhancements, our lens antennas are designed to minimize signal degradation with high gain and isolation alongside 2x lower wind-loading while delivering reliable 120 degree coverage.

Velvetech Named to Inc.'s Second Annual Power Partner Awards

Retrieved on: 
Tuesday, November 7, 2023

CHICAGO, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Inc. Business Media announced the second annual Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting businesses and entrepreneurs, and helping startups grow. The list recognizes 389 firms in digital product development, software engineering, application development, marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business.

Key Points: 
  • CHICAGO, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Inc. Business Media announced the second annual Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting businesses and entrepreneurs, and helping startups grow.
  • Yuri Yushkov, the CEO of Velvetech, notes, "We are deeply honored to be recognized as a Power Partner Award recipient by Inc. At Velvetech, we're dedicated to driving innovation and growth by providing cutting-edge technology solutions.
  • For many companies, Velvetech has become a one-stop software development partner that helps address any of their IT initiatives and accelerate the delivery of tech solutions.
  • The blend of services and commitment to excellence positions Velvetech as an exceptional business partner.

Power Hero Corporation Strengthens Partnership with Arrow Electronics

Retrieved on: 
Monday, October 30, 2023

LA VERNE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- via IBN -- Power Hero Corp. is thrilled to formalize its collaboration with Arrow Electronics.

Key Points: 
  • LA VERNE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- via IBN -- Power Hero Corp. is thrilled to formalize its collaboration with Arrow Electronics.
  • Esmond Goei, Power Hero CEO and founder, said: “Since the inception of this fruitful partnership in 2019, Power Hero Corporation has had the privilege of working closely with Arrow Electronics, witnessing their exceptional dedication and engineering support to our product development initiatives."
  • Rob Kent, Power Hero's co-founder, further emphasized: "Our business ethos is centered around spearheading the conceptual design of revolutionary power charging solutions for the electric vehicle (EV) industry.
  • Through this strategic alliance with Arrow Electronics, we tap into their unparalleled engineering acumen and manufacturing proficiency to create innovative, high-quality products for a rapidly growing market.