BT

RingCentral Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024
Apps, Applications, Mobile, Wireless, Technology, Other Technology, Telecommunications, Software, Audio, Video, Internet, VoIP, Artificial Intelligence, CFO, Investment, ARR, AT&T, GSP, Cash, Telus, Deutsche Telekom, Uncertainty, RingCentral, RNG, Forecasting, History, Charter Communications, Family, EPS, Movement, GPT, CRM, Optus, GAAP, Growth, Life insurance

RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the first quarter ended March 31, 2024.
  • Revenue: Total revenue was $584 million for the first quarter of 2024, up from $534 million in the first quarter of 2023, representing 9% growth.
  • Cash and Cash Equivalents: Total cash and cash equivalents at the end of the first quarter of 2024 was $203 million.
  • What: RingCentral financial results for the first quarter of 2024 and outlook for the second quarter and full year of 2024.

IDTechEx Discusses Low-Loss Materials: Enabler of Future Connected Vehicles

Retrieved on: 
Thursday, May 2, 2024
FR-4, High-pass filter, Safety, V2X, Congestion, Communication, Research, Hertz, DSRC, Hydrocarbon, Transmission loss, 2600-series (CTA), Telecommunications, Absorption, Federal Communications Commission, Accident

BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.

Key Points: 
  • BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.
  • This is thanks to the future connected vehicle's use of dedicated "V2X" safety communication channels.
  • For these reasons, low-loss materials will be a relevant material enabler of C-V2X in connected vehicles.
  • In fact, connected vehicles may represent a new market opportunity for low-loss materials in the future.

IDTechEx Discusses Low-Loss Materials: Enabler of Future Connected Vehicles

Retrieved on: 
Thursday, May 2, 2024
FR-4, High-pass filter, Safety, V2X, Congestion, Communication, Research, Hertz, DSRC, Hydrocarbon, Transmission loss, 2600-series (CTA), Telecommunications, Absorption, Federal Communications Commission, Accident

BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.

Key Points: 
  • BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.
  • This is thanks to the future connected vehicle's use of dedicated "V2X" safety communication channels.
  • For these reasons, low-loss materials will be a relevant material enabler of C-V2X in connected vehicles.
  • In fact, connected vehicles may represent a new market opportunity for low-loss materials in the future.

“RALLY ON” in TopSpin® 2K25 Now Available Worldwide

Retrieved on: 
Friday, April 26, 2024
Software, Entertainment, Sports, Mobile Entertainment, Consumer Electronics, Technology, General Entertainment, Other Entertainment, Tennis, Music, Other Technology, Electronic Games, Online, ATP Tour Masters 1000, Fall Out Boy, United States Tennis Association, ATP, Nike, Steam, Xbox One, PC, French Tennis Federation, Season, Topspin, PS5, All Access Pass, Take-Two Interactive, Adidas, News, Penguin, The World Tour, Digital edition, ESRB, Standard, Exhibition, World Tour, Name, French Open, Hangar, Lululemon Athletica, Fouad Abiad, Travel, Collection, Centre Court, U.S. Open, PlayStation, Multimedia, Lacoste, Tennis Australia, Yonex, Competition, Original Penguin, Sony Interactive Entertainment, Hangar 13, Athlete, PS4, Special edition, TTWO, Video game

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    “After over a decade since the last iteration of TopSpin, we’re excited to be able to share TopSpin 2K25 with the world,” said Remi Ercolani, Gaming Director at Hangar 13.
  • 48 unique courts will be available to play or unlock from launch, including 15 real-life venues, from the four Grand Slam® tournaments to all nine ATP Masters 1000 venues.
  • The Centre Court Pass for Season 1 will be available as TopSpin 2K25 launches and will be themed around Roland-Garros.
  • Follow TopSpin 2K on TikTok , Instagram , X , YouTube , and Facebook for the latest TopSpin 2K25 news.

Netskope Named a Leader in the Gartner® Magic Quadrant™ for Security Service Edge for 3rd Year in a Row

Retrieved on: 
Thursday, April 18, 2024
Cloud, Completeness, Magic Quadrant, Amazon Web Services, AI, Secure access service edge, Growth, Computer security, Internet, Security Service, CISO, Machine learning, Data loss prevention software, CASB, IDC, DEM, Architecture, RBI, Ecosystem, Publication, SWG, MSP, Insurance, Research, Artificial intelligence, FedRAMP, Microsoft, ZTNA, Infrastructure, Organization, Veterans' affairs, Wipro, Software as a service, DLP, Cloud access security broker, Online shopping

SANTA CLARA, Calif., April 18, 2024 /PRNewswire/ -- Netskope, a leader in Secure Access Service Edge (SASE), today announced that Gartner, Inc. has recognized the company for the third year in a row as a Leader in the Gartner Magic Quadrant for Security Service Edge (SSE). The 2024 Magic Quadrant for SSE report shows Netskope to have the highest Ability to Execute and to be furthest in Completeness of Vision. Netskope was also shown to have the highest Ability to Execute and to be furthest in Completeness of Vision in the 2023 Magic Quadrant for SSE report.

Key Points: 
  • The 2024 Magic Quadrant for SSE report shows Netskope to have the highest Ability to Execute and to be furthest in Completeness of Vision.
  • I'm extremely proud of our entire Netskope team, customers, and partners for what we've achieved in SSE, SASE, and zero trust.
  • For more on today's announcement, download your complimentary copy of the 2024 Magic Quadrant for Security Service Edge from Netskope.
  • Gartner, Magic Quadrant for Security Service Edge, Charlie Winckless, Thomas Lintemuth, Dale Koeppen, 15 April 2024.

MEDIA ADVISORY: MIT's largest AI conference, EmTech Digital, comes to London next week

Retrieved on: 
Thursday, April 11, 2024
MIT Technology Review, European, Artificial Intelligence Act, Government, Meta, European Parliament, Alan Turing Institute, Legacy of Alan Turing, Medical device

What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.

Key Points: 
  • What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.
  • Who: MIT Technology Review's editorial experts in AI, including Will Douglas Heaven and Melissa Heikkilä, are joined on stage by leaders from Google DeepMind, Meta, BT, the Alan Turing Institute, the European Parliament, and the UK government.
  • Why: Essential AI insights for business leaders from the AI experts at MIT Technology Review, coming at a time when generative AI has dominated global headlines and raised serious questions about how to best harness its power.
  • Attendees include researchers, policymakers, and business and technology leaders.

MEDIA ADVISORY: MIT's largest AI conference, EmTech Digital, comes to London next week

Retrieved on: 
Thursday, April 11, 2024
MIT Technology Review, European, Artificial Intelligence Act, Government, Meta, European Parliament, Alan Turing Institute, Legacy of Alan Turing, Medical device

What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.

Key Points: 
  • What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.
  • Who: MIT Technology Review's editorial experts in AI, including Will Douglas Heaven and Melissa Heikkilä, are joined on stage by leaders from Google DeepMind, Meta, BT, the Alan Turing Institute, the European Parliament, and the UK government.
  • Why: Essential AI insights for business leaders from the AI experts at MIT Technology Review, coming at a time when generative AI has dominated global headlines and raised serious questions about how to best harness its power.
  • Attendees include researchers, policymakers, and business and technology leaders.

Decomposing systemic risk: the roles of contagion and common exposures

Retrieved on: 
Tuesday, April 23, 2024
Tao, CIBC, Tax, RWA, Risk, European Systemic Risk Board, Research Papers in Economics, Contagion, RT, The Big Six, NBC, International, Shock, Observation, Bank of Canada, HTC, European Economic Association, The Washington Post, Great, JPMorgan Chase, Paper, GM, Environment, Political economy, Journal of Financial Economics, COVID-19, Perception, BNS, Website, Silicon, IAT, Cifuentes, Probability, Balance sheet, RAN, Medical classification, Algorithm, Information technology, Quarterly Journal of Economics, LN, Nature, European Journal, Royal Bank of Canada, Technical report, Journal of Political Economy, Equitable Bank, Bankruptcy, RAI, PDF, Private, ECB, Policy, CHS, Supercapacitor, Social science, Journal of Financial Stability, Intelligence (journal), Elsevier, Home, Cambridge University Press, Journal, Springer Science+Business Media, Research, Classification, Regulation, News, EQB, Credit, Literature, AIK, European Central Bank, COVID, SVAR, Section 5, Management science, DRA, M4, VL, National bank, Government, ISSN, BMO, Panel, International Financial Reporting Standards, BIS, FIS, Basel III, Commerce, Scotiabank, C32, Econometric Society, Interbank, Fraud, Section 4, Bank, Schedule, VAR, Section 3, The Journal of Finance, RBC, Volcanic explosivity index, Fire, Wassily Leontief, Financial economics, Metric, Section 2, L14, Central bank, Superintendent, Bank of Montreal, Kronecker, BOC, Lithium, BCBS, Sale, Macroeconomic Dynamics, Christophe, CWB, LBC, NHA, Imperial Bank, Private equity, Quarterly Journal, National Bank of Canada, C51, Canadian Western Bank, Currency crisis, JEL classification codes, Victor Drai, L.1, MFC, Silicon Valley Bank, EB, Laurentian Bank of Canada, Federal, RA1, Series, W0, FEVD, Journal of Econometrics, Aggregate, University, FRB, MB, Financial institution, Element, Health, Book, Angels & Airwaves, Common, OSFI, GFC, Reproduction, K L, Systematic, Housing, G21, Home Capital Group, Communications satellite

Abstract

Key Points: 
    • Abstract
      We evaluate the effects of contagion and common exposure on banks? capital through
      a regression design inspired by the structural VAR literature and derived from the balance
      sheet identity.
    • Contagion can occur through direct exposures, fire sales, and market-based
      sentiment, while common exposures result from portfolio overlaps.
    • First, we document that contagion varies in time, with the highest levels
      around the Great Financial Crisis and lowest levels during the pandemic.
    • Our new framework complements
      traditional stress-tests focused on single institutions by providing a holistic view of systemic risk.
    • While existing literature presents various contagion narratives, empirical findings on
      distress propagation - a precursor to defaults - remain scarce.
    • We decompose systemic risk into three elements: contagion, common exposures, and idiosyncratic risk, all derived from banks? balance sheet identities.
    • The contagion factor encompasses both sentiment- and contractual-based elements, common exposures consider systemic
      aspects, while idiosyncratic risk encapsulates unique bank-specific risk sources.
    • Our empirical analysis of the Canadian banking system reveals the dynamic nature of contagion, with elevated levels observed during the Global Financial Crisis.
    • In conclusion, our model offers a comprehensive lens for policy intervention analysis and
      scenario evaluations on contagion and systemic risk in banking.
    • This
      notion of systemic risk implies two key components: first, systematic risks (e.g., risks related
      to common exposures) and second, contagion (i.e., an initially idiosyncratic problem becoming
      more widespread throughout the financial system) (see Caruana, 2010).
    • In this paper, we decompose systemic risk into three components: contagion, common exposures, and idiosyncratic risk.
    • First, we include contagion in three forms: sentiment-based contagion, contractual-based
      contagion, and price-mediated contagion.
    • In this context,
      portfolio overlaps create common exposures, implying that bigger overlaps make systematic
      shocks more systemic.
    • With the COVID-19 pandemic starting
      in 2020, contagion drops to all time lows, potentially related to strong fiscal and monetary
      supports.
    • That is, our
      structural model provides a framework for analyzing the impact of policy interventions and
      scenarios on different levels of contagion and systemic risk in the banking system.
    • This provides a complementary approach to
      seminal papers that took a structural approach to contagion, such as DebtRank Battiston et al.
    • More generally, the literature on networks and systemic risk started with Allen and Gale
      (2001) and Eisenberg and Noe (2001).
    • The matrix is structured as follows:
      1

      In our model, we do not distinguish between interbank liabilities and other types of liabilities.

    • In other words, we can and aim to estimate different degrees
      of contagion per asset class, i.e., potentially distinct parameters ?Ga .
    • For that, we build three major
      metrics to check: average contagion, average common exposure, and average idiosyncratic risk.
    • N i j

      et ,
      Further, we define the (N ?K) common exposure matrix as Commt = [A

      (20)

      et ]diag (?C
      ?L

      such that average common exposure reads,
      average common exposure =

      1 XX
      Commik,t .

    • N i j

      (22)

      20

      ? c ),

      The three metrics?average contagion, average common exposure, and average idiosyncratic risk?provide a comprehensive framework for understanding banking dynamics.

    • Figure 4 depicts the average level of risks per systemic risk channel: contagion risk, common exposure, and idiosyncratic risk.
    • Figure 4: Average levels of contagion (Equation (20)), common exposure (Equation (21)), and idiosyncratic risk
      (Equation (22)).
    • The market-based contagion is the contagion due to
      investors? sentiment, and the network is an estimate FEVD on volatility data.
    • For most of
      the sample, we find that contagion had a bigger impact on the variance than common exposures.

BT CBD CORP Unveils a Revolutionary THCA Flower Collection, Setting New Standards of Quality and Purity

Retrieved on: 
Friday, April 5, 2024
CBD, Attention, THCA, Snow, Flower

Raleigh, North Carolina--(Newsfile Corp. - April 5, 2024) - With the latest developments, BT CBD CORP unveils a cutting-edge THCA flower collection. The company aims to provide pure and potent Hemp Flowers sourced from certified organic farms. With its high-quality THCA flower and a wide range of premium CBD products, the company aims to ensure that every product meets high standards of quality and potency.

Key Points: 
  • Summary: BT CBD CORP, operating under the brand name Black Tie CBD, has been setting the standard for excellence in the smokable hemp industry.
  • Raleigh, North Carolina--(Newsfile Corp. - April 5, 2024) - With the latest developments, BT CBD CORP unveils a cutting-edge THCA flower collection.
  • With its high-quality THCA flower and a wide range of premium CBD products, the company aims to ensure that every product meets high standards of quality and potency.
  • With the FRUITY LOOPS (INDOOR), THC-A Flower underscores BT CBD CORP's reputation for delivering top-tier products that exceed industry standards.

Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services

Retrieved on: 
Wednesday, March 27, 2024
British, Government, Environment, Partnership, Pods, Law enforcement, Rackspace Technology, NHS, AI, Private sector, Pod, Disaster recovery, Evergreen, Public sector, NHS England, Police

The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.

Key Points: 
  • The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.
  • Rackspace UK Sovereign Services prioritises customer data security aligned with the recommendations of the UK National Cyber Security Centre & NHS England amongst other UK regulatory bodies.
  • This truly digital Sovereign offering allows for the UK public sector to achieve cost savings and compliance all through a single provider, without compromising on security or performance,” said Rick Martire, General Manager for Sovereign Services, UK at Rackspace Technology.
  • Rackspace UK Sovereign Services key features include:
    Fully managed end-to-end solution with a pre-built blueprint, anti-malware protection, vulnerability scanning, performance monitoring and system patching included as standard.