Western Union Foundation’s Opportunity Beyond Borders Q1 2021 funding will support COVID-19 vaccine dissemination and workforce training in more than 10 countries

DENVER-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The Western Union Foundation today announced its first-quarter 2021 programs, investing more than USD 1.25 million to mobilize youth to access jobs in the healthcare industry, assisting with COVID-19 vaccine education and distribution, and to enable economic recovery through workforce training. This investment furthers the Western Union Foundation’s Opportunity Beyond Borders three-year USD 15 million commitment to provide migrant and young adults with resources to gain sustainable employment and provide relief and preparedness for crises.

“The Western Union Foundation recognizes that this moment—as the global pandemic recovery effort begins in earnest—is a crucial one for the communities we serve,” sa ... Read more »

The combined organization is now the second largest minority-owned staffing firm in the U.S.

Skyhook Precision Location services will be used to improve the delivery of location information for Microsoft Products and Services

BOSTON-Friday 9 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Skyhook announces that it has entered into a strategic collaboration agreement with Microsoft. Under the agreement, Skyhook’s Precision Location solutions will now be utilized by Microsoft to augment and improve the delivery of geolocation services to Microsoft products and services.

Skyhook offers a global hybrid positioning service called the Precision Location solution that combines Wi-Fi, cell, GPS, IP address and other location information to provide accurate, available and efficient location positioning services around the world.

The deal enables Microsoft to use Skyhook’s solution to provide customers with accurate and user-controlled location-based experiences in Microsoft products and services. Leveraging Skyhook’s Precision Location s ... Read more »

TOKYO-Friday 9 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Osamu Nagayama, Chairperson of the Board of Directors of Toshiba Corporation (TOKYO:6502) has commented on the acquisition proposal from CVC Capital Partners as below.

As announced in the public statement dated April 7th, Toshiba has received a preliminary and non-legally binding initial proposal from CVC Capital Partners (CVC) regarding the acquisition of Toshiba and to get the same privatized. This initial proposal by CVC was completely unsolicited and not initiated by Toshiba by all means. The proposal does not go through detailed review of Toshiba business.

Further, CVC’s initial proposal is conditional on a variety of matters such as clearances of the Anti-trust registrations of the relevant jurisdictions, the Foreign Exchange and Foreign Trade Act of Japan and necessary financing. Furthermore, the proposed transaction is not contemplated to be financed by CVC alone; rather, it is indicated ... Read more »

Results from Swiss scientists showing mitophagy inducer Urolithin A can restore muscle cell activity in models of Duchenne Muscular Dystrophy published in Science Translational Medicine

LAUSANNE, Switzerland -Friday 9 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Progression of Duchenne Muscle Dystrophy (DMD) can be delayed in mice by supplementing their diets with Urolithin A, according to new results reported today. The findings, published in Science Translational Medicine, raise hopes that new treatment options could one-day be developed for DMD, an uncurable genetic condition characterized by progressive muscle degeneration. About 1 in 3,500 boys are born with DMD, which usually develops in childhood and significantly reduces life expectancy.

The new research carried out at the laboratory of Professor Johan Auwerx, MD, PhD at the Swiss Federal Institute of Technology EPFL and the University of Lausanne in collaboration with scientists at the Swiss life scie ... Read more »

BIGFORK, Mont.-Friday 9 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, uAvionix, the leader in communications, navigation, and surveillance (CNS) solutions for Unmanned Aircraft Systems (UAS), announced ping200X, its flagship Mode S ADS-B OUT Transponder for UAS, has received Technical Standard Order (TSO) certification from the FAA. ping200X is the pinnacle of years of evolution and investment in groundbreaking, low-Size, Weight, and Power (SWaP) avionics developed by uAvionix – certified for use on civil and defense manned and unmanned aircraft.

Weighing only 50 grams, ping200X delivers 200 watts of transmit power while only drawing an average of 1.5 watts from the aircraft's power supply. Its profile enables longer flight times and larger payloads with minimal energy consumption. When paired with truFYX, uAvionix’s SBAS GPS, ping200X meets the requirements of global controlled airspace, delivering safe separation information to Air Traffic Control (ATC) ... Read more »

SAN FRANCISCO & SINGAPORE -Friday 9 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Trax, a leading computer vision company transforming brick-and-mortar retail, has secured $640 million in a Series E financing round led by SoftBank Vision Fund 21 and technology-focused funds managed by existing investor BlackRock, Inc. This round of primary and secondary capital also saw participation from new investors including OMERS, one of Canada’s largest defined benefit pension plans, and Sony Innovation Fund by IGV2.

Trax’s cloud platform is accelerating the digital transformation of consumer packaged goods (CPG) companies and grocery retailers by providing granular visibility of rapidly changing store conditions. Trax solutions enable users to make timely, data-driven decisions and implement immediate corrective actions. As a result, brands and retailers are accelerating growth, reducing costs, and driving awareness and purchase intent. Powered by its proprietary ... Read more »

New API and SaaS solutions link businesses to the individuals behind them, enabling payment providers and lenders to onboard merchants faster than ever before and with higher confidence

SEATTLE-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Ekata, the leader in global digital identity data, today announced its Merchant Onboarding solution to help payment service providers (PSPs), B2B lenders and marketplaces onboard the growing number of micro-merchants and sole proprietors across the globe faster and with more confidence. The lack of commercial track record for these new small businesses makes it difficult for PSPs and lenders to quickly and confidently approve them using traditional methods of risk assessment. Ekata set out to help customers enhance their existing models with risk indicators that show fraud likelihood based on a mix of comprehensive customer data tests and best-practice considerations. By providing unique data that cross-checks the connect ... Read more »

Combination of Cofense’s Phishing Intelligence from over 26 million human reporters and Cyberfish’s AI-based protection technology will eliminate the need for legacy email security solutions

LEESBURG, Va.-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Cofense®, the leading provider of phishing detection and response (PDR) solutions, today announced the acquisition of Cyberfish, provider of next-generation phishing protection powered by Computer Vision and advanced Machine Learning (ML) technology. By integrating innovative machine learning capabilities from Cyberfish with Cofense’s detection and response technology, Cofense will bring to market a holistic, advanced automation solution for email protection, detection, and response.

With the acceleration of digital transformation and migration to cloud email services from Microsoft 365 and Google Workspace, organizations are rethinking their email security architecture and technology stack. ... Read more »