BIDEN SAYS SAUDI ARABIA WILL FACE ‘CONSEQUENCES’ FOR ITS OIL PRODUCTION CUT

President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis.

Biden suggested he would soon take action, as aides announced that the administration is reevaluating its relationship with the kingdom in light of the oil production cut that White House officials say will help another OPEC+ member, Russia, pad its coffers as it continues its nearly eight-month war in Ukraine.

Democratic Sen. Richard Blumenthal of Connecticut and Rep. Ro Khanna of California introduced legislation that would immediately pause all U.S. arms sales to Saudi Arabia for one year. This pause would also halt sales of spare and repair parts, support services and logistical support.

But it remains to be seen how far Biden is willing to go in showing his displeasure with the Saudis, a vital but complicated ally in the Middle East. Biden came into office vowing to recalibrate the U.S. relationship because of Saudi Arabia’s human rights record but then paid a visit to the kingdom earlier this year.

Biden said in a CNN interview he would look to consult with Congress on the way forward, but stopped short of endorsing the Democratic lawmakers’ call to halt weapons sales.

“There’s going to be some consequences for what they’ve done, with Russia,” Biden said. “I’m not going to get into what I’d consider and what I have in mind. But there will be — there will be consequences.”

John Kirby, a White House National Security Council spokesman, said Biden believes “it’s time to take another look at this relationship and make sure that it’s serving our national security interests.”

Press secretary Karine Jean-Pierre said Tuesday the White House has no timeline for its review nor has the president appointed an adviser to serve as point person.

Meanwhile, officials underscore the central role that Saudi Arabia plays in addressing broader national security concerns in the Middle East.

Blumenthal and Khanna unveiled their legislation one day after Sen. Robert Menendez, a New Jersey Democrat, said it was unacceptable that OPEC+ had moved to cut oil production and effectively assist Moscow in its war on Ukraine. Menendez promised to use his position as chairman of the Senate Foreign Relations Committee to block any future arms sales to the Saudis.

Menendez did not warn the White House before announcing his intention to block future Saudi arms sales, Kirby said.

OPEC+, which includes Russia as well as Saudi Arabia, announced last week it would cut production by 2 million barrels a day, which will help prop up oil prices that are allowing Russian President Vladimir Putin to keep paying for his eight-month invasion of Ukraine. The production cut also hurts U.S.-led efforts to make the war financially unsustainable for Russia, threatens a global economy already destabilized by the Ukraine conflict and risks saddling Biden and Democrats with newly rising gasoline prices just ahead of the U.S. midterm elections.

Saudi Foreign Minister Faisal bin Farhan Al Saud told Saudi-owed Al Arabiya on Tuesday that his government’s justification of the production cuts was “purely economic.”

Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine. Putin has been accused of using energy as a weapon against countries opposing Russia’s invasion.

“They are certainly aligning themselves with Russia,” Jean-Pierre said. “This is not a time to be aligning with Russia.”

As for the Saudis, Sen. Blumenthal said, “We cannot continue selling highly sensitive arms technology to a nation aligned with an abhorrent terrorist adversary.”

However, the White House takes note that its weapon sales to Riyadh serve, in part, as an important counterweight in the region to Iran, which is quickly moving toward becoming a nuclear power.

“There’s 70,000 Americans living in Saudi Arabia right now, not to mention all the other troops we have throughout the region,” Kirby said. “So, it’s not only in our interest that missile defense in the region become more integrated and cooperative. It’s in the interest of our allies and partners in that part of the world as well.”

Still, the pressure is mounting for Biden. As a candidate for the White House, he vowed that Saudi rulers would “pay the price” under his watch for the 2018 killing of U.S.-based journalist Jamal Khashoggi, a critic of the kingdom’s leadership. Biden said that he’d look to make the oil-rich country a “pariah.”

But in July, amid rising prices at the pump around the globe, Biden decided to pay a visit to Saudi Arabia. During the visit, he met with the Saudi crown prince, Mohammed bin Salman, who he once shunned as a killer for the death of Khashoggi. The U.S. intelligence community determined that the crown prince, often referred to by his initials MBS, likely approved the killing of Khashoggi inside the Saudi consulate in Istanbul. MBS denies he was involved.

The Saudis have also drawn international criticism for airstrikes killing civilians in the years-long war between the kingdom and Houthi rebels in Yemen — as well as for embargoes that exacerbated hunger and pushed Yemen to the brink of famine.

“Saudi Arabia’s disastrous decision to slash oil production by two million barrels a day makes it clear that Riyadh is seeking to harm the U.S. and reaffirms the need to reassess the U.S.-Saudi relationship,” Khanna said. “There is no reason for the U.S. to kowtow to a regime that has massacred countless civilians in Yemen, hacked to death a Washington-based journalist and is now extorting Americans at the pump.”

Source: National News Agency

Historic Breakthrough on the Israel-Lebanon Maritime Boundary

Following years of mediation by the United States, the Governments of Israel and Lebanon today announced consensus on an historic agreement to establish a permanent maritime boundary between the two countries. This breakthrough promises to usher in a new era of prosperity and stability in the Middle East and will provide vital energy to the people of the region and to the world. Beyond delivering tremendous benefits to the Lebanese and Israeli people, today’s announcement demonstrates the power of regional cooperation to meet shared challenges in the Middle East and beyond. It also underscores the transformative power of American diplomacy.

This agreement protects the economic and security interests of Israel and Lebanon and marks a new chapter for the people in the region. I thank the leaders of Israel and Lebanon for their willingness to negotiate in the best interests of their people, and I thank Special Presidential Coordinator Amos Hochstein and his team for their tireless diplomatic work in bringing the parties together to accomplish this deal. It is now critical that all parties rapidly finalize the agreement and uphold their commitments to work toward implementation to the benefit of the region and world.

Source: U.S Department of State

Biden Hails ‘Historic’ Israel-Lebanon Maritime Border Agreement

President Joe Biden on Tuesday hailed a U.S.-brokered maritime border agreement between Israel and Lebanon as a “historic breakthrough in the Middle East” that allows cash-strapped Lebanon to explore potential gas deposits in the Mediterranean Sea, while giving Israel more security and stability in the volatile region.

“The agreement announced by both governments today will provide for the development of energy fields for the benefit of both countries, setting the stage for a more stable and prosperous region, and harnessing vital new energy resources for the world,” Biden said in a statement. “It is now critical that all parties uphold their commitments and work towards implementation.”

The two neighbors have been formally at war for decades and have no official communication, so the deal was brokered over several months by American officials.

Israel discovered the massive deposits off its coast in 2010, but Lebanon raised concerns that the deposits may stretch into Lebanese waters. And Lebanon’s Iran-backed Hezbollah Party has threatened to protect what it claims is its territory.

Speaking to journalists, a senior Biden administration official described the agreement as balanced.

“This agreement is not a win-lose agreement,” said the official, who asked not to be named, as is common practice when the White House briefs reporters. “The parties are not getting more than the other because they get different things. The win for Israel is around security, stability and economic gain. The win for Lebanon is economic prosperity, economic development, foreign direct investment and hope for an economic recovery.”

Top officials from both countries said they were satisfied with the deal, which next goes before the two nations’ parliaments.

“All our demands were met, the changes that we asked for were corrected,” Eyal Hulata, Israel’s National Security Council director and head of the country’s negotiating team, said on Tuesday. “We protected Israel’s security interests and are on our way to an historic agreement.”

The office of Israeli Prime Minister Yair Lapid said he would convene the security cabinet on Wednesday, followed by a special meeting of the government.

“The final version of the offer satisfies Lebanon, meets its demands, and preserves its rights to its natural wealth,” Lebanese President Michel Aoun said in a statement.

Bruce Riedel, a senior fellow at the Brookings Institution, said each side stands to gain from this agreement.

“Israel would become energy secure,” he told VOA by email. “Lebanon, which is completely broke with high unemployment and malnutrition, would gain a new source of income. Even Hezbollah sees this as in their interest.”

But, Riedel added, “There is opposition in Israel from Netanyahu, who says the government gave too much. So, there is some urgency in finalizing the deal before the Israeli elections.”

Israel’s election is scheduled for November 1.

Will Todman, a Middle East analyst at the Center for Strategic and International Studies, said the United States also benefits.

“The United States seized on a moment of opportunity for a diplomatic win,” he told VOA by email. “Israel has a less hardline Israeli government, and Lebanon has a dire economic crisis. It was, therefore, in the interests of both sides to come to a deal.”

Earlier this year, the World Bank described Lebanon’s two-year economic free fall as “one of the top 10, possibly top three most severe economic collapses worldwide since the 1850s.” Contributing factors, they say, include the COVID-19 pandemic, the 2020 Beirut port explosion and a history of mismanagement that has led to a currency crash, an electricity crisis and catastrophic food-price inflation.

VOA asked administration officials whether the agreement included any safeguards or guarantees should Hezbollah — a powerful political force in Lebanon — act on its threats.

“The negotiations that were carried out through U.S. mediation did not include discussions with Hezbollah,” the U.S. official said. “This is with the sovereign leadership of Lebanon. We held meetings with the president, the prime minister and the speaker, and I have every assurance that the government of Lebanon intends to keep its end of this agreement, as I have on the Israeli side.”

But Todman said this agreement almost certainly has the blessing of Hezbollah leader Hassan Nasrallah.

“The Lebanese government would not have agreed to this deal without Hezbollah’s go-ahead,” he said. “Hezbollah has celebrated the agreement. Nasrallah just said, ‘Tonight, we will not issue threats. Tonight, there will only be joy and clapping.’”

But the official stressed there are also no guarantees that there is any treasure in these still-undeveloped waters.

“It has been discovered but not drilled,” the official said. “So, it is unclear how much and where the deposits of gas are.”

Source: Voice of America

MultiChoice partners with The Earthshot Prize

MultiChoice partners with global environmental initiative The Earthshot Prize to find and spotlight ground-breaking solutions across Africa with the potential to repair the planet

Nairobi, Oct. 11, 2022 (GLOBE NEWSWIRE) — MultiChoice today announced its media broadcast partnership with The Earthshot Prize to help accelerate and spotlight the ingenuity and ambition of innovators, activists and scientists across Africa who are working to address the climate crisis on the African continent and around the world.

The Earthshot Prize aims to find scalable solutions to address the world’s biggest environmental problems and repair the planet over the next 10 years. The Prize is awarded to winners in five categories, with each winner receiving £1 million grant to scale their work.

The partnership aims to raise awareness and understanding of The Earthshot Prize across Africa, supporting local finalists and highlighting their innovative solutions and mobilizing communities to address sustainability challenges.

“As the leading entertainment company in Africa, we have an extensive footprint on the continent – we reach 21.8 million households across 50 countries. We are well positioned to make a meaningful contribution to create a sustainable future in Africa. This partnership will enable us not only to educate communities on climate change, but to also encourage innovators to pitch their solutions, inspire other corporates to join the fight against climate change and to motivate governments to prioritize climate change as part of their national agendas”, said Imtiaz Patel, MultiChoice Group Executive Chairman.

MultiChoice is a Member of The Earthshot Prize Global Alliance, a global network of non-profit and international organizations committed to the environment and sustainable development. The collective power of the Global Alliance gives the winners and finalists of the Prize access to resources across numerous professions and sectors including manufacturing, retail, supply chains, legal advice, digital technology, business strategy and government relations.

“There are thousands of game changers and entrepreneurs committing their lives to solving our generations’ biggest challenges; investment and support is critical for each of them to fulfil their vision,” said Hannah Jones, CEO of The Earthshot Prize. “MultiChoice is a deeply impactful partner and we are inspired by their incredible investment into The Earthshot Prize, one which will shine a spotlight on a multitude of solutions that might otherwise go unseen, pull hundreds of others into focus across the continent, and inspire a new generation of innovators.”

For the next eight years, The Earthshot Prize will launch a global search every year for ground[1]breaking solutions to five Earthshot goals – Protect and Restore Nature, Clean Our Air, Revive Our Oceans, Build a Waste-Free World and Fix Our Climate.

The Earthshot Prize was first launched in 2021 with three African organizations selected as finalists – Sanergy (from Kenya), Reeddi Capsules (from Nigeria) and Pole Pole Foundation (from the Democratic Republic of Congo).

By spotlighting these innovators and their solutions, the Prize aims to spark the world’s collective imagination to drive a collective mindset of urgent action on the issues surrounding the climate crisis.

MultiChoice recognizes the importance of collaboration and partnerships to address socio[1]economic challenges. In the last 30 years, it has consistently partnered with non-profit organizations, civil society and governments to drive social change.

For more information about The Earthshot Prize click here: https://earthshotprize.org/

ENDS

About The Earthshot Prize

Founded by Prince William and The Royal Foundation in 2020, The Earthshot Prize is a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet. Inspired by President John F. Kennedy’s Moonshot which united millions of people around the goal of reaching the moon, The Earthshot Prize aims to catalyse an Earthshot challenge to urgently encourage and scale innovative solutions that can help put the world firmly on a trajectory towards a stable climate, where communities, oceans, and biodiversity thrive in harmony by 2030. The five Earthshot challenges are: Protect and Restore Nature; Clean Our Air; Revive Our Oceans; Build a Waste-free World; and Fix Our Climate.

The Prize aims to turn the current pessimism surrounding environmental issues into optimism, by championing inspiring leadership and helping to scale incredible cutting-edge solutions. More than a Prize, it works in partnership with a Global Alliance of Partners to support the scaling of the solutions discovered and selected each year.

The Earthshot Prize Global Alliance is an unprecedented network of organizations worldwide which share the ambition of the Prize. The Global Alliance Founding Partners are a group of leading global organizations and philanthropists which act as strategic funding partners to the Prize, including Aga Khan Development Network, Bezos Earth Fund, Bloomberg Philanthropies, Breakthrough Energy Foundation, Coleman Family Ventures, DP World in partnership with Dubai EXPO 2020, Eleven Eleven Foundation, Holch Povlsen Foundation, Jack Ma Foundation, Legado Para A Juventude, Marc and Lynne Benioff, Paul G. Allen Family Foundation, and Rob & Melani Walton Foundation.

About MultiChoice Group

MultiChoice Group (MCG), which listed in the Main Board of the JSE on 27 February 2019, is one of the fastest-growing video entertainment providers globally, delivering entertainment products and services to 21.8m households across 50 countries on the African continent. Its track record of more than 30 years is reflective of a commitment to provide audiences with only the best local, sport and international content.

MCG’s strong partnerships with distributors, installers and telecommunication companies, along with its well-established payment solutions, competitive pricing and choice of viewership packages continue to secure its place in the global market, while also providing solutions unique to the African market. Its direct-to-home (DTH), digital terrestrial television (DTT) and over-the-top (OTT) solutions enable the business to stay relevant and aligned to changing consumer habits while capturing new markets.

Content is at the very core of the business. MCG aims to deliver quality content anywhere, anytime and on any device through a comprehensive video entertainment offering at different price points. As pioneers in African video entertainment, MCG plays an important role in making information and entertainment easily accessible to Africans.

MCG aims to secure content rights in a manner that is cost-effective and reflective of the diversity of its audiences. Its substantial portfolio includes award-winning local content (a key differentiator in its service offering), a leading sport offering (including production capabilities) and access to international content, which is all shared on the group’s platforms: DStv, GOtv, Showmax, M-Net and SuperSport.

MCG has superior technology capability through the security solutions that Irdeto, its technology company, brings to the group. These solutions enable MultiChoice to protect its investment, create new offerings and combat cybercrime. With 50 years’ expertise in software security, Irdeto’s software security solutions and cyber services protect over 5bn devices and applications for some of the world’s best brands. 

Litlhare Moteetee
MultiChoice Group Ltd
Litlhare.Moteetee@multichoice.co.za

‫لخمسة أعوام.. مؤسسة الوليد للإنسانية شريك رياضات الهلال النسائية

الرياض, 11 أكتوبر / تشرين أول 2022 /PRNewswire/ — أتم مجلس إدارة نادي الهلال برئاسة سعادة الأستاذ “فهد بن سعد بن نافل” عقد شراكة مع مؤسسة الوليد للإنسانية؛ والتي يرأس مجلس أمنائها صاحب السمو الملكي الأمير الوليد بن طلال آل سعود العضو الذهبي للنادي، لتكون بموجبه شريك رياضات الهلال النسائية؛ لمدة خمسة أعوام، حيث وقع سعادة رئيس النادي العقد مع صاحبة السمو الملكي الأميرة لمياء بنت ماجد آل سعود الأمين العام لمؤسسة الوليد للإنسانية، مساء اليوم الأحد في فندق “فورسيزون” بالعاصمة الرياض؛ وسط حضور نائب رئيس مجلس إدارة النادي الأستاذ سليمان الهتلان، وأعضاء مجلس الإدارة الأستاذ “فيصل الغشيان”، والأستاذ “سلمان التويجري”، والأستاذ “سلطان آل الشيخ” الرئيس التنفيذي لشركة نادي الهلال الاستثمارية.

Alwaleed Philanthropies and Al Hilal Saudi Club sign MOU

وتهدف الشراكة إلى تعزيز تمكين المرأة في الجانب الرياضي بما يحقق مستهدفات رؤية المملكة 2030، والمساهمة في توفير تجربة عالية الجودة لجميع الرياضات في مختلف الفئات، والعمل على مواصلة تميز وريادة النادي عبر تحقيق المنجزات في الرياضات النسائية. 

من جهته، عبّر رئيس مجلس إدارة نادي الهلال الأستاذ فهد بن سعد بن نافل عن سعادته بتوقيع الشراكة اليوم مع مؤسسة “الوليد للإنسانية” الرائدة في مجالها، وأحد أكبر المؤسسات التي ساهمت في العديد من المشروعات المجتمعية والإنسانية محليًا وإقليميًا ودوليًا، وأضاف:”نسعد بإبرام هذه الشراكة التي ستسهم في تعزيز تمكين المرأة في المجال الرياضي، وتحقيق أهدافنا التي نعمل من أجلها؛ بعد تأسيسنا إدارة للرياضات النسائية قبل ما يزيد عن شهر ونصف، والتي انطلقت وبدأت عبر ثمان ألعاب نسائية”، متمنيًا أن تحقّق هذه الشراكة أهدافها المرجوة، بما يعود بالنفع على الطرفين في مختلف المجالات. 

من جانبها، ذكرت صاحبة السمو الملكي الأميرة لمياء بنت ماجد الأمين العام لمؤسسة الوليد للإنسانية أن هذه المبادرة تعكس عمل المؤسسة الدؤوب والمتواصل لتمكين المرأة وفتح مجالات وفرص جديدة للشابات، وأضافت:”تعمل هذه المبادرة على إبراز الكوادر الرياضية النسائية في المملكة، وإظهار دورهن القيادي على الصعيدين العملي والرياضي، والمساهمة في تجهيز منظومة رياضية متكاملة للفرق النسائية في مختلف الألعاب الرياضية؛ لتوفير تجربة عالية الجودة ونشر ثقافة الرياضة النسائية بما يتماشى مع رؤية المملكة 2030، وأهداف التنمية المستدامة”.

على مدار 4 عقود، قدمت مؤسسة الوليد للإنسانية الدعم وأنفقت أكثر من 16.5 مليارات ريال سعودي على برامج الرعاية الاجتماعية، ونفذت أكثر من 1000 مشروع في أكثر من 189 دولة حول العالم بقيادة 10 منسوبات سعوديات؛ ليصل عدد المستفيدين لأكثر من 1 مليار بغض النظر عن الجنس أو العرق أو الدين. تتعاون المؤسسة مع مجموعة من المؤسسات الخيرية، والحكومية، والغير حكومية لمكافحة الفقر، وتمكين المرأة والشباب، وتنمية المجتمعات المحلية، وتوفير الإغاثة في حالات الكوارث، وخلق التفاهم الثقافي من خلال التعليم

الصورة – https://mma.prnewswire.com/media/1918110/Alwaleed_and_Al_Hilal.jpg

‫Infortrend  توسع حلول التخزين الموحدة U.2 NVMe All-flash التي تدعم 100 جيجابت للشركات الصغيرة والمتوسطة

تايبيه، 11 أكتوبر/تشرين الأول 2022 / PRNewswire / —   أصدرت شركة Infortrend® Technology, Inc. ، الشركة الرائدة في مجال توفير وحدات التخزين، سلسلة وحدات التخزين الموحدة  EonStor GSe U.2  بوحدة تحكم فردية التي تتميز بـ دعم اقراص   PCIe Gen4 U.2 NVMe SSD  و 100GbE RDMA  المصممة للشركات الصغيرة والمتوسطة الحجم. وتوفر الأنظمة تكلفة إجمالية أقل دون التضحية ب اداء النظام .

إنها المرة الأولى التي تقدم فيها  Infortrend  حلول التخزين الموحدة  U.2  بإعداد وحدة تحكم واحدة. تدعم الموديلات المتطورة  100GbE RDMA  و 24  U.2 NVMe SSD  مع  PCIe Gen4 . يمكن أن يصل أدائها إلى 600 ألف  IOPS ، و 12 جيجابايت/ثانية للقراءة و 9 جيجابايت/ثانية للكتابة، وهي مناسبة تمامًا للتطبيقات مثل قاعدة البيانات، والمحاكاة الافتراضية، و تصفح والوسائط المتعددة والترفيه، ومشاركة الملفات، والنسخ الاحتياطي، إلخ. بالنسبة للمؤسسات التي تبحث عن أرشيف للبيانات الضخمة أو لديها احتياجات تخزين قريبة، فإن هذه النماذج تكون أكثر فعالية من حيث التكلفة مع دعم محركات أقراص U.2 NVMe SSD  عالية السعة. بالإضافة إلى ذلك، يمكن توسيع السعة الاجمالية للنظام من خلال ال  JBODs ، يمكن للشركات الاستفادة من التصنيف التلقائي لتخصيص البيانات الساخنة والباردة في محركات الأقراص المعنية، مما يزيد من أداء وسعة التخزين.

تأتي سلسلة  EonStor GSe U.2  الجديدة بوظائف كاملة مثل الإدارة الذكية لمحركات الأقراص ذات الحالة الصلبة ( SSD من خلال إطالة عمر  SSD ، ومنع حالات فشل محركات أقراص الحالة الثابتة المتعددة في وقت واحد؛ حماية البيانات مثل  RAID  و  WORM  واللقطات والنسخ المتماثل عن بُعد وما إلى ذلك؛ توسيع النطاقوتعزيزه لتركيب أكثر من 3000 محرك أقراص بسعة تخزين تزيد عن 50 بيتابايت؛ وتوفر واجهة المستخدم البديهية لـ  Infortrend  إدارة تخزين مركزية لتقليل تكاليف الصيانة والإدارة.

قال فرانك لي، المدير الأول لتخطيط المنتجات في Infortrend : “نظرًا لتصميمها لاستيعاب أعباء العمل المعقدة للغاية والمتطلبة، فإن حلول التخزين الموحدة U.2 من Infortrend متاحة الآن في تكوينات وحدة تحكم مزدوجة وفردية. يمكن للمؤسسات التي تتطلب موثوقية أعلى أن تعتمد على وحدة تحكم مزدوجة EonStor GS بينما توفر وحدة التحكم الفردية EonStor GSe حلاً أكثر فعالية من حيث التكلفة للشركات الصغيرة والمتوسطة.”

لمعرفة المزيد عن  سلسلة EonStor GSe U.2  و سلسلة EonStor GS U.2

اتصل ب Infortrend  لإجراء استفسار

نبذة عن شركة Infortrend

شركة Infortrend (رمز التداول في بورصة تايوان: 2495) هي شركة متخصّصة في تطوير حلول تخزين البيانات وتصنيع أجهزتها منذ عام 1993. وبفضل اهتمامها الكبير بتطوير عملياتها الداخلية للتصميم والاختبار والتصنيع، تمكّنت الشركة من توفير حلول تخزين متميّزة ومطابقة لأحدث المعايير وتتمتع بأداء قوي وقابلية للتوسع، إضافة إلى ذلك توفر الشركة لعملائها خدمات لتسهيل استخدام البيانات، وخدمات دعم مخصّصة في مرحلة ما بعد البيع وقيمة لا مثيل لها. لمزيد من المعلومات عن شركة Infortrend ؛ يُرجى زيارة موقعها الإلكتروني:   www.infortrend.com

® Infortrend و® EonStor هما علامتان تجاريتان أو علامتان تجاريتان مسجلتان لشركة Infortrend Technology ؛ أمّا العلامات التجارية الأخرى فهي علامات تجارية مملوكة لأصحابها.

Infortrend Expands U.2 NVMe All-flash Unified Storage Solutions Supporting 100GbE for SMB

TAIPEI, Oct. 11, 2022 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, has released its single controller EonStor GSe U.2 unified storage series featuring PCIe Gen4 U.2 NVMe SSD and 100GbE RDMA designed for small and medium-sized businesses. The systems offer a lower total cost of ownership without sacrificing performance.

It is Infortrend’s first time to introduce U.2 unified storage solutions with a single controller configuration. The high-end models support 100GbE RDMA, 24 U.2 NVMe SSDs with PCIe Gen4. Its performance can reach up to 600K IOPS, 12GB/s read and 9GB/s write, well suited for applications such as database, virtualization, media and entertainment, file sharing, backup, etc. For organizations looking for mass data archive or having nearline storage needs, the entry-level models are even more cost-effective with the support for high-capacity U.2 NVMe SSDs. Additionally, by connecting to HDD JBODs, enterprises can leverage auto-tiering to allocate hot and cold data into respective drives, maximizing the storage’s performance and capacity.

The new EonStor GSe U.2 series comes with complete enterprise-level functionalities such as smart SSD management by extending SSD lifespan, and preventing multiple simultaneous SSDs failures; data protection such as RAID, WORM, snapshot, remote replication, etc.; scale-out and scale-up expansion for installing more than 3000 disk drives with over 50PB of storage capacity; and Infortrend’s intuitive user interface offers centralized storage management to minimize maintenance and management costs.

“Designed to accommodate highly complex and demanding workloads, the Infortrend’s U.2 all-flash unified storage solutions are now available in dual and single controller configurations. Enterprises requiring higher reliability can rely on dual controller EonStor GS while single controller EonStor GSe offers a more cost-effective solution for SMB,” said Frank Lee, Senior Director of Product Planning at Infortrend.

Learn more about EonStor GSe U.2 Series and EonStor GS U.2 Series

Contact Infortrend to Make an Inquiry

About Infortrend

Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com

Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.

‫دليفركت تجري استبياناً جديداً يبين زيادة طلب المستهلكين لطلبات توصيل الطعام على الرغم من موجة زيادة الأسعار

  • شملت الدراسة 7000 مستهلك من حول العالم بهدف تحديد تفضيلات المستهلكين والتغيُّر في عاداتهم فيما يتعلق بمنتجات / عروض المطاعم
  • يتزامن الاستبيان مع إطلاق دليفركت سلسلة “ Food for Thought ” الهادفة إلى تقديم نصائح عملية لأصحاب المطاعم والمشغلين في القطاع ومساعدتهم على تحقيق الازدهار

الإمارات العربية المتحدة، دبي11 أكتوبر / تشرين أول 2022/PRNewswire/ — أعلنت دليفركت، الشركة المتخصصة في مجال تطوير البرمجيات لتقديم خدمات تُبسط عملية إدارة توصيل الطعام عبر الإنترنت لأكثر من 27 ألف موقع في 40 سوقاً، عن دراسة عالمية جديد كشفت من خلالها أن زيادة اعتماد الأشخاص على وجبات الطعام الجاهزة أو الطلبات عن طريق خدمات التوصيل، مقارنةً بالفترة قبل حالة التضخم الحاصلة حالياً. وأفاد الاستبيان، الذي أجرته شركة سنيوس وايد (Censuswide)، المتخصصة بأبحاث السوق ومقرها لندن، بطلب من دليفركت أن 57.34% من المستهلكين يتوجهون حالياً لشراء ثلاث وجبات سريعة أو أكثر في الأسبوع، مقارنةً بـ49% قبل ارتفاع الأسعار.

Deliverect Logo

كما أفاد البحث أنه مع حرص الأشخاص المتزايد للتفكير ملياً في كيفية إنفاق أموالهم، فمن المرجح أن يقلل الأشخاص من الأنشطة الأخرى كشراء الملابس (44%)، والخروج لتناول المشروبات والعشاء (47%) والسفر (43%).

وفي هذا السياق قال زونغ زو، المؤسس المشارك والرئيس التنفيذي لدى دليفركت: “أصبح الجميع بلا شك أكثر وعياً بالنسبة للأشياء التي ينفقون عليها أموالهم، بحكم أننا نشهد ارتفاعاً في الأسعار وتكاليف المعيشة على مستوى العالم. قد تكون نتائج البحث الذي أجريناه مفاجئة للبعض، ولكن من الواضح أن الناس يعملون على تحديد أولوياتهم والاستمتاع بالراحة التي توفرها لهم الوجبات الجاهزة وطلبات توصيل الطعام، ومع ذلك تستمر توقعاتهم في الارتفاع. وبالتأكيد، فإن الجودة والاتساق والسرعة تساعد المطاعم على التميز عن غيرها. كما أن التكنولوجيا هنا تقدم المساعدة اللازمة لمجتمع خدمات الطعام من أجل إدارة كل ما يدخل في الطلبات الرقمية لتحقيق أرباح أكثر وتنفيذ العمليات التشغيلية بمستوى أعلى من التميز بالمقارنة عما كانت عليه في السابق”.

الجودة قبل أي شي

على الرغم أن الأشخاص يراقبون عمليات الإنفاق الخاصة بهم، إلا أن المذاق الرائع والمكونات تأتي على الدوام في مقدمة قراراتهم فيما يتعلق بطلب الطعام. حيث يقول أكثر من ثلثي المشاركين في الاستبيان (69%) إن مذاق الطعام يعد بالنسبة لهم أكثر أهمية من مراقبة إنفاقهم، و(67%) منهم يهتمون بجودة المكونات التي يستخدمها المطعم. كما يبحث الأشخاص أيضاً عن التقييمات الاجتماعية قبل اختيار مكان تناول الطعام، حيث يقول 3 من كل 5 من المشاركين (59%) تقريباً إن تقييمات المطاعم / تقييمات العملاء أصبحت الآن أكثر أهمية من أي وقت مضى. وبشكل عام، فإن السبب الرئيسي وراء طلب العملاء من المطعم مرة أخرى بالنسبة لـ(52%) من المشاركين هو جودة الطعام. كما يبحث العملاء أيضاً عن المطاعم ذات الخيارات المتنوعة لقائمة الطعام، حيث يفضل الأشخاص (27%) اختيار المطعم، سواء لاستلام الوجبات الجاهزة أو طلبات التوصيل، إذا كان يحتوي على مجموعة متنوعة من العروض ضمن قوائمه.

التوصيل السريع والانسيابي يؤثر على الاختيار

من العوامل الأخرى التي تحظى أيضاً بأهمية كبيرة لدى العملاء هو التسليم السريع دون أية مشاكل أو أخطاء. حيث تبين أن التوصيل السريع يشجع (41%) من العملاء على الطلب من المطعم مرة أخرى، مقارنة بتفضيل (31%) وصول الطعام بدرجة الحرارة المناسبة. ومن المرجح أيضاً أن يفضّل (32%) من العملاء مطعماً على آخر بسبب التوصيل الأسرع لطلبات الطعام، وسيختار (25%) من الأشخاص مطعماً ما نظراً لقربه أو موقعه المناسب. كما أن (38%) من الأشخاص متفقون أيضاً على أن 21-30 دقيقة هو الحد الأقصى لمتوسط وقت انتظار وصول طلباتهم.

خيارات التوصيل المتعددة تزيد الطلبات

يثق المستهلكون اليوم في تطبيقات توصيل طلبات الطعام لتقديم أفضل قيمة وتجربة مقابل المال. ويجد ثلثا الأشخاص في الإمارات العربية المتحدة (60%) أن طلب الطعام من مطعم عبر تطبيقات توصيل الطعام مثل ديليفرو، وطلبات، وكريم، وزوماتو أكثر موثوقيةً مقارنة بـ(27%) ممن يفضلون طلب طعامهم مباشرة من المطعم. فيما يفضل حوالي (10%) من الأشخاص الحصول على وجبات الطعام مباشرة من المطعم.

في الوقت نفسه، نجد أن (44%) من الأشخاص في المملكة العربية السعودية يفضلون طلب طعامهم مباشرة من المطعم، في حين أن (30%) يفضلون طلب الطعام عبر تطبيقات توصيل الطعام مثل جاهز وهنقرستيشن، فيما كان استلام الطعام مباشرة من المطعم الخيار الأفضل لـ(20%) من المشاركين.

وفي هذا الخصوص، قال مبارك جعفر، المؤسس الشريك والمدير التنفيذي لشركة كويت لندن للمطابخ السحابية: “كان لارتفاع أسعار المواد الخام المتنوعة وتغير سلوك المستهلكين بما يتعلق بطلبات توصيل الطعام أثراً كبيراً على قطاع المأكولات في منقطة الشرق الأوسط وشمال أفريقيا، لذلك وقع على عاتق جميع الشركات العاملة في القطاع اتخاذ القرارات الصائبة التي تضمن لهم التكيّف مع ظروف السوق الصعبة التي فرضتها موجة ارتفاع الأسعار من خلال التركيز بشكل أكبر على جودة الطعام المقدم لعملائهم و بأسعارٍ مقبولة”.

يأتي هذا البحث تبعاً للنتائج التي حصلت عليها دليفركت حول تفضيلات الاستدامة لدى المستهلكين ، ويشهد إطلاق سلسلة الأبحاث المستمرة Food for Thought . وستواصل السلسلة مراقبة تفضيلات المستهلكين وعاداتهم لتحديد الفرص والأولويات التي تساهم في ازدهار المطاعم.

نبذة عن “دليفركت”

هي شركة متخصصة في مجال تطوير البرمجيات لتقديم خدمات تبسط عملية إدارة توصيل الطعام عبر الإنترنت، وتعزز سهولة خدمات التوصيل من خلال مختلف التطبيقات الرقمية مثل “زوماتو” و”كريم” و”دليفروو” وغيرها، لتساعد أكثر من 27 ألف جهة على تطوير خدماتها التشغيلية وزيادة رضا العملاء. وتنشط “دليفركت” في أكثر من 40 سوقاً حول العالم، وتتميز بموثوقيتها لدى مختلف سلاسل المطاعم ومراكز توزيع السلع الاستهلاكية مثل “تاكو بيل” و”برغر كينغ” و”يونيليفر” بالإضافة إلى المطاعم الصغيرة ومتوسطة الحجم حول العالم. لمعرفة المزيد من المعلومات حول “دليفركت”، يرجى زيارة الموقع الإلكتروني www.deliverect.com

Logo: https://mma.prnewswire.com/media/1732977/Deliverect_Logo.jpg

aespa and artist Blake Kathryn create first-of-its-kind NFT collection

connecting dotts and INVNT.ATOM™ bring artists together for a Limited Edition NFT Drop and Auction, Available Exclusively through Sotheby’s Metaverse

Singapore, Oct. 10, 2022 (GLOBE NEWSWIRE) — aespa, the massively popular and future forward female K-Pop group from SM Entertainment, which includes four real members as well as their respective online avatars, is joining forces with visual artist and NFT queen Blake Kathryn, to launch an exclusive NFT collection. The collection marks the world’s first collaboration between a K-pop group and a global NFT artist and will be available from Thursday, October 13, 5pm EST to Friday, October 21, 11am EST through Sotheby’s Metaverse. This collaboration was jointly facilitated by connecting dotts, an APAC/U.S. strategy agency connecting brands, consumers, talent and content creators and INVNT.ATOM™ , a global innovative brand experience agency at the forefront of the digital frontier.

Each piece of artwork in the æ girls NFT collection incorporates the personality, elements and signature identity of each band member and their avatars; perfectly combined with surreal futurist aesthetics of Blake Kathryn’s work, creating the ultimate collaboration between the artists. The ambience used is specially composed for this collection by SM Entertainment.

The æ girls NFT collection includes a 3-part series:

  • MY Pass – Open edition NFT, an access key for any fan and collector. Each MY Pass comes with a free NFT from a collection of 16 different works that are specially personalized and prepared by each member of aespa.
  • Altars – A total of 32 Special and Limited Editions, four (4) fine art executions of each aespa member created in editions of eight (8). Each digital artwork embodies their iconography, aespa metaverse world, KWANGYA aesthetics, and includes utilities such as a GLB file, and a personalized recording by each aespa member talking about the collaborative artwork. Edition 01 of each Altars series will go to the highest bidder and also include a signed autograph print by the members and Blake Kathryn.
  • Dreamspace – Super exclusive single edition 1:1 artwork that is an environmental reflection of each aespa member. This artwork offers the ultimate fan experience that includes a GLB file, a video recording of aespa and Blake Kathryn talking about the artwork, a virtual meet-and-greet with Blake Kathryn, and an all expenses paid meet-and-greet with aespa in Seoul at their concert along with a physical print signed by each aespa member + Blake Kathryn.

The æ girls collection will be open to all buyers and bidders, with each series available between a 48 hour time period throughout the week-long auction. Bidding can be done via credit card, not just cryptocurrency. MY Pass and Limited Edition NFTs will be available at a fixed rate. Sotheby’s, the world’s premier destination for art and luxury, will host a preview exhibition of all the digital artwork in Hong Kong alongside highlights from Sotheby’s Fall 2022 sales series, including Modern & Contemporary Art from October 2nd – 9th, followed by an exhibition in Sotheby’s galleries in New York from October 13th – 20th.

“From the beginning, aespa has been a very future forward group, embracing technology and the metaverse with creativity and as a core part of their identity, and their fans have responded enthusiastically. This æ girls collection, beautifully created in collaboration with Blake Kathryn, one of the most prominent female artists working in Web3, further extends, cultivates and expands aespa’s web3 community, ” said SM Entertainment.

“It was a pleasure to collaborate with aespa on this first-of-its-kind NFT collection,” said Blake Kathryn. “This release is an authentic reflection of Karina, Winter, Giselle and Ningning and captures the unique essence and qualities of each of these powerful women. My hope is that it reflects female artists pushing the boundaries of what’s possible, blurring the lines between real and virtual to create a new kind of fandom.”

“The adaptability of NFTs has opened up many new avenues for communities of collectors and fans to connect with their favorite artists and musicians. This collaboration between aespa and the artist Blake Kathryn represents the best of how digital art and NFTs can bring together physical and virtual worlds to present fans with a special experience that is only possible with NFTs, and we are thrilled to offer this sale at Sotheby’s Metaverse,” said Michael Bouhanna, Sotheby’s Head of NFTs and Digital Art.

“There is no more powerful cultural force than K-pop at the moment,” said Rita Magnus, Managing Director of connecting dotts. “The æ girls collection will introduce this passionate fandom to the world of Web3, giving fans an entirely new way to connect with their favorite band. Bridging these worlds together with talent like aespa and Blake has been a remarkable first.”

Elvin Tan, Managing Director INVNT.ATOM, said, “We’re incredibly proud that INVNT.ATOM has led the strategy, creative, design, content, artist and auction house management, as well as the marketing campaign execution. This collaboration puts storytelling front and center; extending the world of art and music from the physical to new realities – an exciting new frontier for all fans. We believe this is the perfect introduction for K-Pop fans to enter Web3, the metaverse and beyond.”

DOWNLOAD Media Kit including Images, Videos, and more

About aespa

aespa is SM Entertainment’s fierce new all-female foursome, who, in an unprecedented debut move surpassed 100 million views on their debut video, “Black Mamba,” (the record fastest for any debut K-Pop video in YouTube history). They debuted atop charts in 95 countries upon launch, most notably Billboard Global Excl. US at No. 100 within just 3 days of being accounted for, marking the highest ranking of any K-pop female group’s debut song. The femme powerhouse of KARINA, WINTER, GISELLE and NINGNING also include their avatars— a story-telling concept that drew those 100 million views to a single video in 51 days.

Combine “ae” (avatar and experience) + “aspect”, and you get aespa, moving in between reality and virtual reality, with the avatars representing their counterparts. Each avatar, called “ae,” are created from each member’s personal data in a virtual world and can be “rekalled” into the real world. aespa, in ethos and function, represents something different.

Their recent debut EP, “Savage” entered at no. 20 on the Billboard 200 chart, the highest ranking ever for a K-pop girl group’s debut on the U.S. album chart. The six-track EP, led by the title track “Savage,” also ranked at No. 2 on Billboard’s Top Selling Album chart, rounding off a remarkable fortnight which also saw “Savage” hit No.1 on iTunes’ Top Albums chart in 20 countries upon release. Leaning into their individuality, they are unapologetically confident (with a stake in sci-fi world) and have industry insiders eager to wager that they will be the girl group to watch in 2022. Beyond praise from Forbes, Teen Vogue, Rolling Stone, Flaunt, and more, TIME touted them among “The Next Generation Leaders, Class of 2022” and Forbes Asia recognized them in their “30 Under 30” list for 2022. They have been named global ambassadors for both Chopard and Givenchy. Most recently named as Apple Music’s Global Up Next

artist artist for June 2022, the quartet recently released the single “Life’s Too Short” and EP, ”Girls” – The 2nd Mini Album via Warner Records.

About SM Entertainment

SM Entertainment Co., Ltd. is Korea’s largest entertainment company founded in 1995 by producer Soo-Man Lee, widely known as the “Founder of K-pop.” The company has developed and popularized numerous K-pop stars with huge global fandoms and is known for having led the global K-pop phenomenon of “Hallyu,” also known as the “Korean Wave.” Representative of the entertainment industry in Asia, the company operates its own comprehensive entertainment business including artist development, record label services, talent agency services, music production, music publishing, event management, and concert production.

About Blake Kathryn

Blake Kathryn is a Los Angeles based 3d artist with a surreal futurist aesthetic. Her work fuses vibrant palettes with ethereal undertones. Inspired by the opulent dreams of tomorrow alongside a love for retro-futurism she infuses her work with unfamiliar nostalgia. She has collaborated with aespa, Fendi, Jimmy Choo, Paris Hilton, Lil Nas X & more.

About Sotheby’s

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce, and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable, and collaborative.

About connecting dotts

connecting dotts is a fully integrated group of entertainment experts, storytellers and strategic partners who connect the dots in the entertainment world between brands, consumers, talents and content creators. Headquartered in Singapore with teams in South Korea and USA, we collaborate and push the envelope with innovative, creative and original ideas for multi-dimensional projects varying from content exhibitions, pop culture expo, brand engagement to NFT collaborations ready for Web3.0. For more information, visit. www.connectingdotts.net.

About INVNT.ATOM

INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT, is a innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Based in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com.

About [INVNT GROUP]

[INVNT GROUP] was established in 2020, as an evolution of the founding global live brand storytelling agency INVNT in 2008, with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Detroit, and Washington D.C.; headed by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

Attachment

Lindsay Colker
Elevate Communications
lindsay@elevateprco.com

INVNT.ATOM Inquiries:
Anna O'Young
aoyoung@invnt.com

[INVNT GROUP] Inquiries:
Jhonathan Mendez de Leon
jmendezdeleon@invnt.com

ROSEN, A TOP RANKED FIRM, Encourages MINISO Group Holding Limited Investors to Secure Counsel Before Important October 17 Deadline in First Filed Securities Class Action Commenced by the Firm – MNSO

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of MINISO Group Holding Limited (NYSE: MNSO) pursuant and/or traceable to the registration statement and related prospectus (collectiv9ly, the “Registration Statement”) issued in connection with MINISO’s October 2020 initial public offering (the “IPO”) of the important October 17, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased MINISO securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the MINISO class action, go to https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) as a result, MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) defendants, including the Company and its Chairman, engaged in planned unusual and unclear transactions; (5) as a result of at least one of these transactions, the Company is at risk of breaching contracts with Chinese authorities; (6) the Company would imminently and drastically drop its franchise fees; and (7) as a result of the foregoing, defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the MINISO class action, go https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
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ROSEN, A TOP RANKED LAW FIRM, Encourages Azure Power Global Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – AZRE

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Azure Power Global Limited (NYSE: AZRE) between June 15, 2021 and August 26, 2022, both dates inclusive (the “Class Period”), of the important October 31, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Azure Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Azure Power class action, go to https://rosenlegal.com/submit-form/?case_id=8433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about Azure Power’s business operations and prospects. Specifically, defendants  failed to disclose to investors that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure Power’s plants; (2) certain project data was manipulated; (3) as a result of the foregoing, Azure Power’s internal controls and procedures were not effective; (4) Azure Power had received a credible whistleblower report alleging such misconduct; and (5) as a result of the foregoing, defendants’ positive statements about Azure Power’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Azure Power class action, go to https://rosenlegal.com/submit-form/?case_id=8433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Medtronic plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – MDT

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of Medtronic plc (NYSE: MDT) between June 8, 2019 and May 25, 2022, both dates inclusive (the “Class Period”), of the important November 7, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Medtronic securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Medtronic class action, go to https://rosenlegal.com/submit-form/?case_id=8603 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 7, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Medtronic’s product quality control systems were inadequate; (2) Medtronic had failed to comply with numerous regulations regarding risk assessment, corrective and preventive action, complaint handling, device recalls, and reporting of adverse events; (3) these failures increased the risk of regulatory investigation and action; (4) as a result of Medtronic’s misconduct, the U.S. Food and Drug Administration (“FDA”) would delay the approval of additional Medtronic MiniMed devices, including the MiniMed 780G; (5) these delays in product approvals, as well as the Company’s need to improve its quality control systems, would negatively affect Medtronic’s financial performance and cause it to fall further behind its competitors; and (6) as a result of the foregoing, defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Medtronic class action, go to https://rosenlegal.com/submit-form/?case_id=8603 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com