Spark

Spark to Continue Strategic Transformation Under New Ownership

Retrieved on: 
Saturday, January 13, 2024

Spark Networks SE (“Spark” or “the Company"), a leading social dating platform for meaningful relationships, today announced that it has successfully completed its financial reorganization process, which significantly improves its capital structure and liquidity.

Key Points: 
  • Spark Networks SE (“Spark” or “the Company"), a leading social dating platform for meaningful relationships, today announced that it has successfully completed its financial reorganization process, which significantly improves its capital structure and liquidity.
  • On January 12, 2024, the Company received approval from the Munich Commercial Court (the “German Court”) on its share capital reduction and share capital increase (together, the “Share Capital Registration”).
  • As a result of the Share Capital Registration, MGG Investment Group LP (“MGG”) is now Spark’s sole equity owner.
  • “With MGG’s support, we are well positioned to drive forward in our transformation plan and continue igniting meaningful relationships across our portfolio of brands.

Alloy Honored with Prestigious w3 Awards Across 3 Categories, Marking Fourth Consecutive Year of Wins

Retrieved on: 
Friday, January 12, 2024

ATLANTA, Jan. 12, 2024 /PRNewswire-PRWeb/ -- Alloy, the leading Precision Storytelling & Experiences Agency for Imaginative Tech Brands, today announced that it has received three industry honors for exceptional website and UX design in the 18th Annual w3 Awards, announced by the Academy of Interactive and Visual Arts. These awards, on behalf of clients CEP, Knoll Ventures and cove.tool illuminate Alloy's brilliance in digital experiences, content and creativity.

Key Points: 
  • These awards, on behalf of clients CEP, Knoll Ventures and cove.tool illuminate Alloy's brilliance in digital experiences, content and creativity.
  • The w3 Awards recognizes the people behind award-winning websites , online marketing, web video, mobile sites and apps, social, podcasts, and emerging tech, honoring the best of the web.
  • This marks the fourth consecutive year Alloy, whose digital unit was formerly known as Narwhal Digital, has earned accolades from this organization, joining an impressive group of agencies and corporations of all sizes.
  • "I couldn't be more thrilled with the strength of the submissions into the 18th season of the w3 Awards", said AIVA managing director Lauren Angeloni.

Spark Networks to Advance Transformational Journey on Stronger Financial Foundation

Retrieved on: 
Friday, January 5, 2024

The approval follows solicitation of voting by Plan-Affected Parties, and the consultation and approval meeting for creditors, which took place on December 12, 2023.

Key Points: 
  • The approval follows solicitation of voting by Plan-Affected Parties, and the consultation and approval meeting for creditors, which took place on December 12, 2023.
  • With the German Court’s approval, Spark will move forward with implementation of the Restructuring Plan, which, upon completion, will result in MGG Investment Group LP (“MGG”) becoming Spark’s sole equity owner.
  • “This milestone marks an important step as we prepare to begin a new era for Spark Networks.
  • “With our enhanced capital structure and MGG’s support, we look forward to continuing our transformation as we move into the future as a financially stronger company,” said Kristie Goodgion, Spark’s Chief Financial Officer.

Voltron Data Launches Theseus to Unlock the Power of the Largest Data Sets for AI 

Retrieved on: 
Friday, December 1, 2023

Companies at the forefront of AI are constrained by data processing - ETL, feature engineering and transformation are key parts of AI/ML.

Key Points: 
  • Companies at the forefront of AI are constrained by data processing - ETL, feature engineering and transformation are key parts of AI/ML.
  • They cannot ramp up AI capabilities efficiently because they cannot afford to build out big data CPU clusters fast enough.
  • Data growth, analytical/application complexity and data movement will require organizations to rethink their data infrastructures when AI scale challenges and bottlenecks arrive.
  • “Data processing and transformation is an emerging avenue for enterprises to improve the efficiency and flow of data for AI, ML and analytics workloads.

Chalk Secures $10M Seed Funding to Power Machine Learning and AI

Retrieved on: 
Tuesday, December 12, 2023

Chalk, the data platform for machine learning, announced today that it has raised $10 million in seed funding led by General Catalyst, Unusual Ventures, and Xfund.

Key Points: 
  • Chalk, the data platform for machine learning, announced today that it has raised $10 million in seed funding led by General Catalyst, Unusual Ventures, and Xfund.
  • Ramp, the ultimate platform for modern finance teams, selected Chalk to power core lending and fraud models.
  • “We deeply understand the pain points and workflows that make machine learning challenging, and we’ve applied those lessons here at Chalk," said Marx.
  • We share a common vision to reshape the landscape of machine learning and data science, and believe Chalk's team is well-equipped to achieve this.

UKG Ranks #3 Best Place to Work in IT

Retrieved on: 
Wednesday, November 29, 2023

The annual recognition honors top organizations that challenge their IT staff with purposeful and meaningful careers while providing great benefits and compensation.

Key Points: 
  • The annual recognition honors top organizations that challenge their IT staff with purposeful and meaningful careers while providing great benefits and compensation.
  • Participants present working concepts to a panel of UKG leaders, and the winning projects are often added to the UKG product roadmap.
  • “UKG strives to help every organization become a great place to work, and that mission shows up in the ways we value, respect, and care for our U Krewers every day,” said Scott Howitt, chief digital officer at UKG.
  • “Just as we’re committed to providing our 80,000 customers across industries with innovative HCM solutions that help create top workplaces for their employees, we’re equally focused on making UKG the best place to work for our more than 15,000 U Krewers across the globe — including the hundreds who work in enterprise-technology roles.”

Africa Data Center Colocation Market Outlook 2023: Market to Reach $1.23 Billion by 2028 as AI Adoption Accelerates Investments - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 23, 2023

The Africa data center colocation market is expected to reach a value of $1.23 billion by 2028 from $670 million in 2022, growing at a CAGR of 10.64% from 2022-2028.

Key Points: 
  • The Africa data center colocation market is expected to reach a value of $1.23 billion by 2028 from $670 million in 2022, growing at a CAGR of 10.64% from 2022-2028.
  • South Africa takes center stage in the African data center colocation market, wielding its influence as the primary driver of capacity in the region.
  • What is the estimated market size in terms of area in the Africa data center colocation market by 2028?
  • How many MW of power capacity is expected to reach the Africa data center colocation market by 2028?

Immuta Announces New Integration Between Its Data Security Platform and Amazon S3 Access Grants

Retrieved on: 
Tuesday, November 28, 2023

LONDON, Nov. 28, 2023 /PRNewswire/ -- Immuta, a data security leader, today announced a new native integration between the Immuta Data Security Platform and object storage service Amazon Simple Storage Service (Amazon S3). This integration provides customers with streamlined data access control and security across storage and compute platforms using Amazon S3 Access Grants, a new Amazon S3 access control feature that enables customers to manage data permissions at scale for user identities managed by corporate directories. Amazon S3 is an object storage service from Amazon Web Services (AWS) that offers industry-leading durability, scalability, availability, and security, enabling data and security teams to unlock even more value from their Amazon S3 data, reduce costs, and increase efficiency.

Key Points: 
  • New integration scales and simplifies data access control, enabling organizations to get more value from their Amazon S3 data
    LONDON, Nov. 28, 2023 /PRNewswire/ -- Immuta , a data security leader, today announced a new native integration between the Immuta Data Security Platform and object storage service Amazon Simple Storage Service (Amazon S3) .
  • This integration provides customers with streamlined data access control and security across storage and compute platforms using Amazon S3 Access Grants, a new Amazon S3 access control feature that enables customers to manage data permissions at scale for user identities managed by corporate directories.
  • With Immuta's Data Security Platform and Amazon S3's new Access Grants feature, users can centralize access control management, and leverage attribute-based access controls (ABAC) to grant permissions for objects in Amazon S3 storage.
  • "Immuta helps simplify data access and security for data stored in Amazon S3 so users can more safely leverage that data for their analytics and AI initiatives.

Immuta Announces New Integration Between Its Data Security Platform and Amazon S3 Access Grants

Retrieved on: 
Monday, November 27, 2023

BOSTON, Nov. 27, 2023 /PRNewswire/ -- Immuta, a data security leader, today announced a new native integration between the Immuta Data Security Platform and object storage service Amazon Simple Storage Service (Amazon S3). This integration provides customers with streamlined data access control and security across storage and compute platforms using Amazon S3 Access Grants, a new Amazon S3 access control feature that enables customers to manage data permissions at scale for user identities managed by corporate directories. Amazon S3 is an object storage service from Amazon Web Services (AWS) that offers industry-leading durability, scalability, availability, and security, enabling data and security teams to unlock even more value from their Amazon S3 data, reduce costs, and increase efficiency.

Key Points: 
  • New integration scales and simplifies data access control, enabling organizations to get more value from their Amazon S3 data
    BOSTON, Nov. 27, 2023 /PRNewswire/ -- Immuta , a data security leader, today announced a new native integration between the Immuta Data Security Platform and object storage service Amazon Simple Storage Service (Amazon S3) .
  • This integration provides customers with streamlined data access control and security across storage and compute platforms using Amazon S3 Access Grants, a new Amazon S3 access control feature that enables customers to manage data permissions at scale for user identities managed by corporate directories.
  • With Immuta's Data Security Platform and Amazon S3's new Access Grants feature, users can centralize access control management, and leverage attribute-based access controls (ABAC) to grant permissions for objects in Amazon S3 storage.
  • "Immuta helps simplify data access and security for data stored in Amazon S3 so users can more safely leverage that data for their analytics and AI initiatives.

Africa Data Center Colocation Market Outlook 2023-2028: South Africa's Allure as an Investment Hub is Unmistakable with Over 60% of the IT Power Capacity

Retrieved on: 
Thursday, November 23, 2023

South Africa takes center stage in the African data center colocation market, wielding its influence as the primary driver of capacity in the region.

Key Points: 
  • South Africa takes center stage in the African data center colocation market, wielding its influence as the primary driver of capacity in the region.
  • With over 60% of the IT power capacity, South Africa's allure as an investment hub for data center facilities is unmistakable.
  • What is the estimated market size in terms of area in the Africa data center colocation market by 2028?
  • How many MW of power capacity is expected to reach the Africa data center colocation market by 2028?