Horizon

Middle East Cybersecurity Market worth $23.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

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月曜日, 2月 5, 2024

The exponential growth of the services segment in the Middle East Cybersecurity Market is driven by the multifaceted challenges posed by evolving cyber threats.

Key Points: 
  • The exponential growth of the services segment in the Middle East Cybersecurity Market is driven by the multifaceted challenges posed by evolving cyber threats.
  • Moreover, the rising demand for cyber-insurance contributes significantly to the burgeoning services sector, establishing it as the fastest-growing segment in the Middle East Cybersecurity Market.
  • The on-premises segment has the largest market size in the Middle East Cybersecurity Market for various reasons, such as the paramount importance placed on data privacy concerns.
  • Investors, service providers, and cybersecurity vendors wishing to take advantage of the region's potential for cybersecurity market growth and meet changing cybersecurity needs will find great investment opportunities in the Middle East due to the growing need for cybersecurity solutions.

FDA Clears Magstim Transcranial Magnetic Stimulation System Horizon 3.0 with StimGuide Pro

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火曜日, 1月 30, 2024

MINNEAPOLIS and CARMARTHENSHIRE, United Kingdom, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Magstim, the global leader in neuroscience research and treatment for mental health, has been awarded FDA clearance for the Horizon 3.0 with StimGuide Pro.

Key Points: 
  • MINNEAPOLIS and CARMARTHENSHIRE, United Kingdom, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Magstim, the global leader in neuroscience research and treatment for mental health, has been awarded FDA clearance for the Horizon 3.0 with StimGuide Pro.
  • This provides physicians, nurse practitioners, clinicians, and researchers with the most advanced transcranial magnetic stimulation technology (TMS) available to treat patients diagnosed with depressive or obsessive-compulsive conditions*.
  • “With just one screen, this system is simple to use and navigate,” said Anthony Baldwin Polizzi, Senior TMS Technician, My Psychiatrist, Florida, USA.
  • Magstim developed the first TMS system more than 30 years ago, used in more than 16,000 neuroscientific and clinical research studies.

N-able Launches Inaugural Global Futurology Study: MSP Horizons Report

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水曜日, 1月 31, 2024

N-able , Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, today launched its MSP Horizons Report in partnership with leading channel analyst firm, Canalys.

Key Points: 
  • N-able , Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, today launched its MSP Horizons Report in partnership with leading channel analyst firm, Canalys.
  • View the full release here: https://www.businesswire.com/news/home/20240131822113/en/
    Commenting on the survey, Canalys’ McBain stated: “MSPs around the world are about the most optimistic of any of the business areas we cover.
  • “This is why we teamed up with Canalys to launch The MSP Horizons Report 2024.
  • The report compiles the results gathered from the online survey and qualitative interviews.

Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire

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木曜日, 2月 1, 2024

(NYSE: MO) Murray R. Garnick, Executive Vice President & General Counsel of Altria Group, Inc. (Altria), has notified the company of his decision to retire effective April 1, 2024.

Key Points: 
  • (NYSE: MO) Murray R. Garnick, Executive Vice President & General Counsel of Altria Group, Inc. (Altria), has notified the company of his decision to retire effective April 1, 2024.
  • “In addition to Murray’s significant individual contributions, his passion for developing world-class legal and regulatory talent has contributed tremendously to Altria’s success.
  • I am grateful for his many contributions, and I wish him the best in retirement.”
    Robert (Bob) A. McCarter will become Altria’s Executive Vice President & General Counsel effective April 1, 2024.
  • Currently Bob serves as Senior Vice President & Associate General Counsel, ALCS, where he supervises the management of tobacco, health and other litigation.

HORIZONS ETFs RECEIVES NINE FUNDATA FUNDGRADE A+® AWARDS FOR 2023

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金曜日, 2月 2, 2024

Created by Fundata Canada Inc., the FundGrade rating system uses risk-adjusted performance figures to rank and grade Canadian investment funds, which include ETFs.

Key Points: 
  • Created by Fundata Canada Inc., the FundGrade rating system uses risk-adjusted performance figures to rank and grade Canadian investment funds, which include ETFs.
  • "2023 was a milestone year for Horizons ETFs for several reasons, including our surpassing of $30 billion in assets under management.
  • Two of Horizons ETFs' funds – HXH and HXX – were recognized for the first time by the Fundata Awards for their achievements in their respective categories.
  • Both ETFs are a part of Horizons ETFs' corporate class ETF family, a structure that can help provide minimal tracking error.

Press release - Belgium Presidency debriefs EP committees on priorities

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日曜日, 2月 4, 2024

Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

Key Points: 


Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

HORIZONS ETFs LAUNCHES USD HIGH INTEREST SAVINGS ETF

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木曜日, 1月 18, 2024

UCSH.U is the most recent addition to Horizons ETFs' suite of cash alternative and money market ETF vehicles, which includes the Horizons High Interest Savings ETF ("CASH"), one of Canada's largest and most popular Canadian dollar cash alternative ETFs, with more than $4 billion in assets under management ("AUM").

Key Points: 
  • UCSH.U is the most recent addition to Horizons ETFs' suite of cash alternative and money market ETF vehicles, which includes the Horizons High Interest Savings ETF ("CASH"), one of Canada's largest and most popular Canadian dollar cash alternative ETFs, with more than $4 billion in assets under management ("AUM").
  • Combined with the Manager's other cash alternative and money market ETFs, the total AUM is more than $8 billion, making it one of the largest suites of its kind in Canada.
  • "Horizons ETFs has positioned itself as a leader in bringing innovative cash management solutions to market, including the launch of the first ETFs in Canada to provide exposure exclusively to short-term Canadian and U.S. treasury bills, back in 2023," said Mr. Mehta.
  • The ETF has closed its initial offering of units and will begin trading today on the TSX when the market opens this morning.

Post Office Horizon scandal: four reasons why the government's model for outsourcing is broken

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火曜日, 1月 16, 2024

For over a decade, the Post Office and its supplier, Fujitsu, insisted that the Horizon system used in its branches was completely “robust”.

Key Points: 
  • For over a decade, the Post Office and its supplier, Fujitsu, insisted that the Horizon system used in its branches was completely “robust”.
  • Instead, it blamed the shortfalls on sub-postmasters, made them pay the losses, and prosecuted over 700 of them.
  • The multimillion-pound contract between the Post Office and Fujitsu is at the heart of the scandal.

1. The systems are too complex to understand

  • It had to process all kinds of transactions, from selling travellers cheques to managing rent payments, across tens of thousands of disparate branches, using a complicated web of communications systems.
  • The problem is, by outsourcing such a complex service, the Post Office ended up without the expertise to understand how it worked and what Fujitsu was (or wasn’t) doing.

2. Contracts generate perverse incentives

  • But then how do they get a supplier to do everything they need and not just the things in the contract?
  • This kind of “service level agreement” is still standard in many government contracts.

3. The buyer is locked in

  • There’s an idea in economics that if a supplier needs to make these “specialised investments”, it’s very difficult to get rid of that supplier.
  • They have a huge advantage over their competitors, because anyone else would need to make these investments all over again.
  • Read more:
    Post Office scandal: why thousands of victims are yet to see justice

    This is what happened with the Horizon contract.

4. Suppliers are prioritised over workers and the public

  • Horizon was responsible for processing all branch transactions and keeping track of all money coming in and going out.
  • Government bodies are dependent on protecting their relationships with these suppliers and are invested in their financial stability.
  • But as long as UK government bodies outsource complex, essential services, it’s unlikely that the Horizon fiasco will be the last public scandal with a government contract at its heart.


Alice Moore is a member of the University and College Union.

Why the Post Office was able to bring private prosecutions in the Horizon IT scandal

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火曜日, 1月 16, 2024

That the Post Office was able to bring so many prosecutions – and to conduct them so appallingly – is because the company was not supervised.

Key Points: 
  • That the Post Office was able to bring so many prosecutions – and to conduct them so appallingly – is because the company was not supervised.
  • Just as any other public company or private citizen might, the Post Office brought private prosecutions.
  • As co-directors of the Criminal Law Reform Now Network, we have been working on a review of private prosecutions since 2019.

How private prosecutions are brought

  • To bring a private prosecution, a person or company asks a magistrate to issue a summons against the accused person.
  • When the accused person answers the summons, an ordinary criminal case ensues – not a civil case.
  • This is one duty which the Post Office manifestly declined to perform, as has been highlighted by statutory inquiry into the Post Office Horizon scandal.

Safeguards for private prosecutions

  • There has long been the possibility for the director of public prosecutions (DPP) – who, since 1986, is the head of the CPS – to take over a private prosecution or discontinue it.
  • Since 2009, the policy has been to discontinue private prosecutions which do not meet the same core standards (that there be a realistic prospect of prosecution or that a prosecution is in the public interest) with which the CPS must comply.
  • However, it would normally be up to the accused person themselves to ask that the DDP or CPS should take it over, and the decision would still be made on the basis of the files in the possession of the private prosecutor.

Private prosecutions should be reformed, not abolished

  • It is important not to look at private prosecutions entirely through the prism of the Post Office scandal.
  • Where wealthy and determined victims have the means to investigate and prosecute effectively, they may, in fact, be doing a public service.
  • Some succesful private prosecutions have led to confiscation orders being made against convicted defendants that have resulted in millions of pounds being handed over to the Treasury.
  • In recent years, many legal firms specialising in private prosecutions have formed their own Private Prosecutors’ Association.


The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

Despite End-of-Year Sales Boost, Underlying Metrics Still Point to a Challenging Sales Environment

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火曜日, 1月 9, 2024

GRAND RAPIDS, Mich., Jan. 9, 2024 /PRNewswire/ -- Cloud Theory, the real-time automotive data insights provider for automotive manufacturers, agencies, and affiliates, is reporting in this month's "On the Horizon," that new vehicle inventory has continued to charge forward, rising 6% in December after an 8% increase the prior month. Over the past year, supply jumped by exactly 1 million—from 1.64M to 2.64M. 

Key Points: 
  • OEMs continue to push more vehicles into the marketplace as supply chain challenges ease and as model year changeovers played out in December.
  • 18 of the top 20 makes saw month-over-month inventory increases, with Toyota and Buick (both down 1%) being the only exceptions.
  • End-of-year deals related to model year changeovers helped push vehicle movement up by 14% month-over-month to 1.12 million.
  • January projections indicate that this growth will recede to 1.08 million as season shifts diminish.