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Smart Glasses Let You See The World In A New Way

Benzinga

By Johnny Rice, Benzinga Paul Travers, CEO of Vuzix Corp (NASDAQ: VUZI), was recently a guest on Benzinga’s All-Access. Vuzix designs, manufactures, markets and sells augmented reality wearable displays and computing glasses known as head-mounted displays (HMDs) or near-eye displays. Using micro-display technology and advanced optics, the company creates compact high-resolution display engines that generate virtual images comparable to large screens. Watch the full interview here: Featured photo by GianCarlo Greco on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 30, 2024 08:25 AM Eastern Daylight Time

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OCEAN Restoring Bitcoin Mining Decentralization

Bitcoin Ocean,LLC

OCEAN, a leader in Bitcoin mining-pool innovation, is proud to announce the launch of DATUM (Decentralized Alternative Templates for Universal Mining), a revolutionary decentralized mining protocol designed to restore the original ethos of Bitcoin mining. DATUM empowers miners to reclaim control over block template construction, ensuring the Bitcoin network remains secure, decentralized, and resistant to centralization threats such as financial censorship. OCEAN’s lead investor and decentralization advocate Jack Dorsey applauded the news saying “Continued decentralization and permissionless mining are essential for Bitcoin’s long term health. OCEAN's latest innovation with DATUM makes decentralization easier for modern miners." What is DATUM? Bitcoin mining has drifted from its decentralized origins. Today, large mining pools dominate the creation of block templates—the structure that determines which transactions are included in a block. This concentration of power undermines the security and legitimacy of the Bitcoin network. DATUM changes that by giving individual miners, not pools, the ability to construct their own block templates while still participating in a pool for consistent rewards. Similar to Stratum V2 (Sv2), DATUM is designed to decentralize block construction and restore control to individual miners. Jason Hughes, VP of Engineering at OCEAN and author of the DATUM codebase, commented “DATUM is a leap forward in decentralized mining, making true mining available for everyone with as little friction as possible. It enables miners to be actual solo miners and to do all of the things miners were always intended to do for the Bitcoin network, while still reducing their variance through pooled rewards. The codebase is written in C. It is extremely lightweight and portable so it can easily run alongside a Bitcoin full node.” Why Does This Matter? With large pools now controlling more than 50% of Bitcoin’s hash rate, the network faces a serious centralization risk. This raises the possibility of transaction censorship, weakening the very foundation of Bitcoin. DATUM provides a solution by decentralizing block construction, helping to prevent 51% attacks and ensuring Bitcoin remains a free and open system. "The launch of DATUM is a pivotal moment for the Bitcoin mining community. We’re moving block creation back to the individual miners, just as it was intended in the original whitepaper," said Luke Dashjr, Co-founder of OCEAN. "With DATUM, we’re ensuring the security and decentralization of the Bitcoin network, safeguarding its future." About OCEAN: OCEAN is dedicated to advancing the decentralization of Bitcoin mining through innovative technology and cutting-edge solutions. With a focus on preserving Bitcoin’s original principles, OCEAN is committed to creating a secure, sustainable, and decentralized mining ecosystem. Miners interested in participating in the exclusive beta can reach us here: datum@ocean.xyz. Contact Details OCEAN Ian A. Northon +1 307-222-3486 media@ocean.xyz Company Website https://www.OCEAN.xyz

September 29, 2024 10:00 AM Eastern Daylight Time

Comcast Unveils Xfinity Rewards Hot Air Balloon in Clovis

Comcast California

Comcast is proud to announce its participation in the 49th annual ClovisFest & Hot Air Balloon Fun Fly, taking place from September 28-29, 2024, in Clovis, California. Comcast will bring its Xfinity Rewards branded hot air balloon to California for the first time at the iconic Central Valley event, offering attendees a unique and immersive experience. "Our participation in ClovisFest is a wonderful opportunity to connect with our customers and the broader community in a meaningful way,” said Justin Minniti, Area Vice President at Comcast in California. “The Xfinity Rewards hot air balloon symbolizes our commitment to providing extraordinary customer experiences. The balloon also symbolizes Comcast’s commitment to our communities through Project UP, a $1 billion investment to advance digital equity, foster economic mobility and open doors for the next generation of innovators.” “We are excited to have the Xfinity Rewards hot air balloon join our stellar lineup this year,” said Greg Newman, President and CEO of the Clovis Chamber of Commerce. “On behalf of the Clovis Chamber of Commerce and the Clovis community, we thank Comcast for its participation in and support of the festival that benefits thousands of business owners in the area and is a staple for Central Valley families and visitors.” The Xfinity Rewards hot air balloon will be prominently featured at the event, inviting attendees to sign up for Xfinity Rewards and learn more about the exclusive benefits available to its members. Eventgoers can also visit the Xfinity booth for interactive experiences and giveaways. Xfinity Rewards unlocks access to unforgettable experiences, the latest technologies, and perks and discounts that only Comcast NBCUniversal can deliver. Joining Xfinity Rewards is free for customers. Signing up is fast and easy through the Xfinity App or online at xfinity.com/rewards. Upon enrolling, members are placed in a Silver, Gold, Platinum or Diamond tier based on how long they’ve been a customer. Rewards are available immediately upon signing up for the program so members can start exploring and enjoying them right away with exciting new opportunities added frequently throughout the year. About the Xfinity Rewards Hot Air Balloon The 85 feet tall Lindstrand Balloon was created in 2022 to promote Comcast’s Xfinity Rewards Program. It features eight three-dimensional 23 feet tall hearts. More than 1,234 pieces of material were used to create the hearts. It holds three passengers at a time – the pilot plus two riders. Lindstrand is a prominent balloon manufacturer in the United States. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/

September 27, 2024 07:00 AM Pacific Daylight Time

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WiSA's Datavault Technology Launches Academic Credential Verification Platform For Universities, Aims To Licence 20-30 To Institutions By 2025

Benzinga

By Kyle Anthony, Benzinga The number of students graduating with either a bachelor’s, master’s or Ph.D. degree continues to increase, with over 2 million students graduating with a bachelor’s degree in 2022 and over 1 million students graduating with either a master’s degree or Ph.D. With more individuals attaining post-secondary education, the importance and need for ‘accreditation validation’ is growing. WISA’s (NASDAQ: WISA) Datavault technology offers a turnkey solution that universities and other stakeholders can utilize to verify academic credentials. Data Vault Holdings, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA, recently launched VerifyU, a platform developed in collaboration with Arizona State University (ASU) and its Luminosity Lab. VerifyU utilizes blockchain and artificial intelligence to provide secure, real-time academic credential verification. The platform's value proposition is its ability to efficiently verify and confirm the qualifications of individuals to stakeholder entities – such as educational institutions and prospective employers – or professional peer groups, such as research fellows. ASU’s Luminosity Lab, a think tank incubator dedicated to advancing technology and innovation, is VerifyU's inaugural partner. WiSA believes the platform’s focus on secure, efficient credential verification for students and external stakeholders resonates strongly with ASU as an academic institution. Executive Director of the ASU Knowledge Enterprise Mark Naufel stated: "VerifyU sets a new standard for secure, seamless credential verification that meets the essential needs of both educational institutions and employers. Our collaboration with Datavault has created a platform that combines academic institutions with practical, scalable solutions. VerifyU is helping to bring a much welcome change in the way academic credentials are verified by ensuring data integrity, reducing time and lowering costs for all parties involved." The global education verification service market is currently experiencing growth. In 2023, it was valued at $110 billion. By 2030, it is projected to reach $177 billion. This represents a compound annual growth rate (CAGR) of 10% over 2024-2030. Current verification processes are often inefficient and vulnerable to fraud – research suggests that as many as 70% of job applicants provide false information on their resumes. VerifyU seeks to address this issue by offering real-time, secure verification of educational credentials, ultimately reducing both the time and cost associated with traditional verification methods and enhancing the process for employers, graduate schools and other interested parties. In monetizing the platform, Datavault aims to license VerifyU to 20 to 30 educational institutions by 2025, with the aim of revolutionizing the verification of academic qualifications. The initial contract with ASU is just the beginning of a broader rollout and will demonstrate how the platform can generate administrative cost savings and revenue. Additionally, VerifyU plans to charge students a one-time fee for lifetime access to the platform. WiSA’s Datavault promises to transform the landscape of academic credential verification in universities through the launch of VerifyU. By leveraging innovative blockchain and AI technologies, the initiative aims to provide a more reliable and efficient verification process, paving the way for partnerships with multiple educational institutions in the coming years. With the potential to save time and money, VerifyU could be set to become an essential tool for the growing number of graduates seeking employment and higher education opportunities. Featured photo by Nathan Dumlao on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 27, 2024 08:30 AM Eastern Daylight Time

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News Release

BestGrowthStocks.Com Issues a Comprehensive Analysis of Luminar Technologies and Proposed Trade Restrictions

Luminar Technologies (LAZR)

NEW YORK, NY / NewsDirect / September 27th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued an in-depth analysis of Luminar Technologies Inc. a leading global automotive technology company. Luminar Technologies Inc. (NASDAQ: LAZR) has garnered significant investor attention following the announcement of potential trade protections. Best Growth Stock's full report offers an in-depth analysis of Luminar’s operations, details of the recently proposed trade restrictions, competition, potential catalysts, growth drivers, financials, key customers, and more. Access this full analysis free here: https://bestgrowthstocks.com/access-lazr-analysis/ About Luminar Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software/AI platform to enable its over 50 industry partners, including most global automotive OEMs. From consumer vehicle programs with Volvo Cars and Mercedes-Benz to technology partnerships including NVIDIA and Mobileye, Luminar is poised to be the first automotive technology company to enable next-generation safety and autonomous capabilities for global production vehicles. For more information, please visit www.luminartech.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

September 27, 2024 07:00 AM Eastern Daylight Time

TRON DAO Unites With Global Community at TOKEN2049 Singapore

TRON DAO

Geneva, Switzerland - September 26, 2024 - TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world's largest Web3 conference, held at the Marina Bay Sands. At the conference, Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote emphasizing TRON's commitment to strengthening blockchain security. TRON DAO further reinforced its presence by collaborating with key industry leaders for high-profile events, including an exclusive afterparty by TRON DAO co-hosted with HTX DAO, sponsored by Google Cloud, The Block, ChainGPT and other key industry leaders. Additionally, TRON DAO was an official supporter in Google Cloud’s "AI and Web3: Building a Trusted Digital Future," and Crypto Fight Night (CFN) Offchain Singapore. TRON founder Justin Sun delivered opening remarks at all three events, emphasizing TRON’s role in shaping the future of Web3. TOKEN2049 is a premier global conference series, where key decision-makers from across the crypto ecosystem gather to exchange insights, foster collaboration, and shape the future of the industry. TOKEN2049 brought together industry leaders, innovators, and global cultural figures, all converging in Asia’s leading economic hub to discuss the path forward for growth and development in the digital asset space. The event attracted a global audience, underscoring Asia’s critical role in driving innovation within the blockchain and Web3 sectors. Keynote from the Community Spokesperson at the TRON DAO Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote titled “TRON's Global Initiative to Enhance Trust and Security through the T3 FCU.” Uhryniak shared that TRON, Tether, and TRM Labs have joined forces to establish the T3 Financial Crime Unit (T3 FCU), a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain. This novel collaboration brings together the anti-financial crime expertise of TRM Labs, a leading blockchain intelligence firm; the technical expertise of TRON, a leading global blockchain and DAO; and external investigations team at Tether, the largest company in the digital asset industry, to create a safer and more secure crypto community for all. TOKEN2049 Afterparty TRON DAO hosted an afterparty co-hosted by HTX DAO, sponsored by Google Cloud, The Block, ChainGPT and other key industry leaders. During the opening speech, Sun shared his vision for the future of Web3, highlighting the significant progress made within the industry. The event successfully combined innovation and entertainment, featuring live music, a DJ, and three hours of complimentary cocktails, refreshments, and light bites. Attendees participated in lucky prize draws and enjoyed a variety of gifts. The evening embodied the spirit of collaboration and forward-thinking innovation, leaving a lasting impression on all who attended. "AI and Web3: Building a Trusted Digital Future" by Google Cloud TRON DAO took center stage as an official supporter of Google Cloud's exclusive event, “AI and Web3: Building a Trusted Digital Future.” At this high-profile gathering, Sun delivered a compelling opening speech, highlighting the transformative potential of the convergence between AI and Web3 technologies. Sun emphasized how the integration of artificial intelligence with decentralized blockchain networks can drive innovation, enhance trust, and build a more secure and inclusive digital future. The event underscored TRON DAO's commitment to fostering collaboration across industries and pioneering advancements that shape the future of Web3. Crypto Fight Night (CFN) Offchain Singapore TRON DAO was an official supporter of CFN, a global crossover boxing tournament that uniquely combines the excitement of combat sports with the innovation of cryptocurrency. Sun delivered an opening speech, drawing a powerful comparison between the determination of fighters and the resilience of builders within the TRON ecosystem, stressing the importance of pushing boundaries in both arenas. He commended CFN for merging combat sports with the world of blockchain technology, highlighting its contributions to the crypto industry. Sun also recognized one of the fighters, Travis, a dedicated TRON community member who fought for TRON at the event. He noted his passion and commitment to advancing the TRON ecosystem, noting his role in fostering a strong and innovative community. Travis delivered an impressive performance, winning the fight and bringing a proud victory not only for himself but also for the TRON ecosystem and its community. TOKEN2024 showcased a dynamic fusion of innovation and collaboration, with TRON DAO playing a prominent role. TRON DAO's participation underscored its commitment to empowering communities and fostering inclusivity, while reinforcing its leadership in driving progress and innovation within the blockchain industry. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 258 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

September 27, 2024 12:01 AM Eastern Daylight Time

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Comcast Unveils Xfinity Rewards Hot Air Balloon in Clovis

Comcast California

Comcast is proud to announce its participation in the 49th annual ClovisFest & Hot Air Balloon Fun Fly, taking place from September 28-29, 2024, in Clovis, California. Comcast will bring its Xfinity Rewards branded hot air balloon to California for the first time at the iconic Central Valley event, offering attendees a unique and immersive experience. Come check out the balloon before everyone else at the ClovisFest & Hot Air Balloon Fun Fly Media Day. During the media day, journalists will have the opportunity to interview the balloon’s pilot, Comcast executives and Fresno’s local celebrity, Chantea McIntyre, who will fly in the balloon. Chantea is a content creator and first runner up to Miss California USA 2024. WHAT: Capture breathtaking images of the 85-feet-high Xfinity Rewards branded hot air balloon as it flies for the first time in California, making its debut at the ClovisFest & Hot Air Balloon Fun Fly Media Day. There will be seven other hot air balloons on display. WHEN: Friday, September 27, 2024. Doors open at 6:00 AM and balloons begin flying at approximately 6:15 AM, weather permitting. WHO: Chantea McIntyre, content creator and first runner-up to Miss California USA 2024 Justin Minniti, Area Vice President for the South Valley at Comcast Jacob Little, Xfinity Rewards hot air balloon pilot Greg Newman, President and CEO for the Clovis Chamber of Commerce WHERE: Clovis Rodeo Fairgrounds - 748 Rodeo Dr, Clovis, CA 93612 About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/

September 26, 2024 10:00 AM Pacific Daylight Time

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Amesite Reports Its NurseMagic App Is Ramping Up Users As Social Media Attention Goes Viral, Company Inks More Health Professional Business Deals

Benzinga

By Meg Flippin, Benzinga Many nurses and caregivers are stressed out and overworked, leading to high turnover and big shortages. This is of particular concern in the home healthcare arena, where more than 1 in 4 nurses plan to leave the profession by 2027. The ones who stay need more support, and thousands are finding it with Amesite’s (NASDAQ: AMST) NurseMagic™, a proprietary AI app designed for nurses. The app is capable of quickly creating nursing notes, a requirement for professionals ranging from CNAs and LPNs to APRN-CNPs and NPs and a daily shift task which Amesite says takes up 40% of nurses' time. Caregivers can also use the app to explain medical procedures in easy-to-understand language, create work emails, give guidance on patient and family communication, provide coaching on taking wellness breaks during the day, provide key information about medications and more. Fast Growing Usership And Five-Star Reviews NurseMagic | AI Tools for Nurses leverages Amesite’s cloud infrastructure and expertise in AI integrations and AI-powered features. Amesite entered the market with its Amesite Engage platform and reports that it has accelerated customer acquisition after streamlining its infrastructure to deliver systems at very low incremental cost. Now Amesite reports that it is signing with community colleges across the country that are tapping Amesite to train the workers of tomorrow. The company reports being encouraged by its no-setup-fee model, which was followed by the signing seven new community college deals across the U.S. With that experience, it was only natural that Amesite would pivot into healthcare. After all, there are more than five million nurses and an additional 3.9 million home health workers in the country, and surveys support the strong need for more support among nurses and healthcare professionals. Within eight weeks of its beta stage debut, NurseMagic witnessed triple-digit monthly growth driven in part by its presence on social media. Amesite has engaged with prominent influencers including Paige Slayton, Nurse Cynesse, Nurse Tara and Nurse Hailey. Combined, that gives Amesite access to over three million followers. The engagement with Nurse Hailey alone was responsible for a 27% increase in users. From June to July the app has seen 830% growth in registered users. NurseMagic also recently debuted in the Apple App Store, charting at #33 in the medical category after only four weeks in the store and garnering five-star reviews. The app is now being used by nurses and healthcare professionals in all 50 states and six countries. “The 27% increase in users following the most recent social post demonstrates both the incredible impact of influencers voicing the capabilities of NurseMagic and the power of the app itself,” said Madison Bush, Corporate Operations and Marketing Manager at Amesite. “Charting for the first time after only a few weeks in the App Store is incredibly exciting and validates the utility of NurseMagic as a mobile tool for a wide variety of healthcare professionals.” Amesite says a big driver of user engagement is the accuracy and speed of the app. The company reports that it relies on qualified data sources that have proven to be accurate and reliable. It uses this data to train its more than 20 proprietary AI models to ensure performance – and adds an average of five new features per week. At last check, Amesite indicated it has integrated more than 100 APIs into its company tech stack, including connections to government databases, authentication services, payment gateways and AI-powered tools. The app’s models have also demonstrated 93% accuracy when tested against NCLEX test questions. The NCLEX exam is a standardized exam developed by the National Council of State Boards of Nursing (NCSBN) that nursing graduates must pass to obtain their nursing licenses in the United States and Canada. Amesite reports feedback from customers has “been extremely positive.” 15X ROI For Enterprise NurseMagic Customers It’s not just individual nurses that are interested in NurseMagic. A variety of healthcare professionals are using NurseMagic, with Amesite recently announcing the launch of pilot programs in five home health agencies and skilled nursing facilities across the United States. Amesite said that collectively, these companies and their franchisees have over 30,000 employees providing skilled nursing, hospice care and home healthcare. The latter is a large and growing sector in need of support. Home healthcare is valued at $100 billion today and is projected to grow to $176 billion by 2032. It's also an area that is seeing job growth of about 21% per year through 2032, presenting a lucrative opportunity for Amesite. The company estimates that its customers will achieve a whopping 15X ROI with its product, based on the expected increase in efficiency of workers using the app and expected pricing. “We anticipate very significant quarter-to-quarter revenue increases with NurseMagic,” said Amesite founder and CEO Dr. Ann Marie Sastry. “For less than 2% of the cost of wages, our technology can make this entire workforce at least 30% more productive, while simultaneously improving the quality of patient care. Because of the efficiency of our systems, we believe that we can do so at highly attractive margins that enable sustained growth.“ As of May 10, 2024, the company reported it had $3 million of cash in hand and 10 months of burn on hand, even assuming no new revenue, reflecting its liquidity position. The company is bullish on building revenue through its B2B and B2C NurseMagic products, while simultaneously continuing to offer its higher education platform at low incremental cost. The company reported a reduction in SG&A of nearly 50% YOY from FY22 to FY24 and expects to continue finding efficiencies. Nurses are in demand as acute turnover continues to concern the industry, and many of them are in need of some support – and NurseMagic offers that support. It seeks to tap an unmet need and help meet it with an assist from AI. To learn more about the app and Amesite, click here. Featured photo by PeopleImages.com - Yuri A on Shutterstock. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 26, 2024 08:45 AM Eastern Daylight Time

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DB Schenker collaborates with Microsoft Cloud Logistics on low carbon intercontinental transportation and sustainable logistics

DB Schenker

DB Schenker is collaborating with Microsoft Cloud Logistics for the use of Sustainable Aviation Fuel (SAF) and Sustainable Marine Fuel (SMF), highlighting their collective ambition to comprehensively reduce the environmental footprint of their transportation practices. This pivotal effort also includes building best-in-class logistics warehouses and implementing alternative energy trucks. It signifies an important step towards reducing the carbon emissions associated with their logistics operations (Scope 3) compared to transportation associated with conventional fossil-based fuels and thus supports their overarching environmental sustainability goals. Jochen Thewes, CEO of DB Schenker: “Microsoft and DB Schenker, that’s two global leaders united to reduce emissions in transportation and logistics. Our cooperation is expected to demonstrate that significant CO 2 e-savings are feasible already in today’s intercontinental supply chains. The upgrade of the Netherlands warehouse to BREEAM Excellent status and the Illinois, United States SuperHub receiving the LEED Platinum Certification are prime examples of our dedication to paving the way for more sustainable and innovative logistics solutions.” Cliff Henson, CVP of Microsoft Cloud Supply Chain: “Microsoft Cloud Logistics is committed to leading the way in sustainable logistics. Our collaboration with DB Schenker has enabled the development of cutting-edge sustainable warehouses along with innovative fuel strategies across all modes of freight, exemplifying our dedication to setting industry standards in the logistics environmental sustainability arena. These efforts mark a significant step forward in our efforts to reduce our environmental impacts in line with Microsoft’s 2030 sustainability commitments.” Sustainable Aviation and Maritime Fuels will be procured by DB Schenker and allocated to Microsoft Cloud Logistics’ inbound Air and Ocean shipments, and is anticipated to result in a reduction of at least 15.000 t of CO 2 e-emissions per year. In March 2024, DB Schenker also implemented the use of Hydrogenated Vegetable Oil (HVO or Renewable Diesel) for all ocean shipments traveling from California to Texas. In addition, DB Schenker has extended its environmental sustainability efforts with Microsoft Cloud to land transport in Europe and North America with HVO100 fueling stations and electric vehicles. Furthermore, advanced logistics warehouses, designed to streamline operations and enhance network efficiency while minimizing environmental impact using renewable energies, are at the heart of DB Schenker and Microsoft Cloud’s collaborative efforts. DB Schenker and Microsoft Cloud Logistics’ facility in Illinois, United States achieved LEED Platinum-certification, which is the highest level of certification granted by the U.S. Green Building Council and demonstrates DB Schenker's leadership in environmental and community stewardship. In addition to the SuperHub in the United States, Microsoft Cloud Logistics’ Netherlands warehouse carries the BREEAM Certificate Level “Excellent,” thus ensuring these warehouses meet high standards of energy efficiency, minimizing environmental impact, and enhancing occupant well-being. About DB Schenker With around 72,700 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world’s leading logistics service providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. Aiming for a sustainable future of the logistics industry, DB Schenker continuously invests in innovative transport solutions, renewable energies, and low-emission products for its customers. Blog.dbschenker.com Contact Details Nicholas Leighton nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com

September 26, 2024 08:00 AM Eastern Daylight Time

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