Perception

Mojo Vision Appoints Dr. Achin Bhowmik to the Board of Directors

Retrieved on: 
Thursday, March 28, 2024

Mojo Vision, the high-performance micro-LED company, today announced the appointment of Dr. Achin Bhowmik to its board of directors.

Key Points: 
  • Mojo Vision, the high-performance micro-LED company, today announced the appointment of Dr. Achin Bhowmik to its board of directors.
  • With Bhowmik’s appointment, Mojo Vision is tapping 23 years of industry experience in perceptual computing, display, and semiconductor business.
  • “Mojo Vision is a pioneering display technology company, consistently breaking new ground in micro-LED advancements, including its recent achievement of single-panel RGB.
  • “Adding Dr. Bhowmik to our board brings Mojo that much closer to the commercialization of our high-performance micro-LED technology,” said Drew Perkins, chairman of the board of directors and co-founder.

Franklin Covey Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, March 27, 2024

Net income for the second quarter was $0.9 million, or $0.06 per diluted share, compared with $1.7 million, or $0.12 per diluted share, in the second quarter of fiscal 2023.

Key Points: 
  • Net income for the second quarter was $0.9 million, or $0.06 per diluted share, compared with $1.7 million, or $0.12 per diluted share, in the second quarter of fiscal 2023.
  • Adjusted EBITDA for the second quarter of fiscal 2024 was slightly better than expected at $7.4 million compared with $8.2 million in fiscal 2023.
  • Operating Income: As a result of the factors noted above, the Company’s income from operations for the second quarter of fiscal 2024 was $1.4 million, compared with $2.8 million in the second quarter of fiscal 2023.
  • On Wednesday, March 27, 2024, at 5:00 p.m. Eastern (3:00 p.m. Mountain) Franklin Covey will host a conference call to review its fiscal 2024 second quarter financial results.

Surprise! Gen Z’s Financial Goals Align Well With Traditional Benefits

Retrieved on: 
Wednesday, March 27, 2024

New research from The Standard shows a disconnect between what employee benefits Gen Zers say they want and what HR leaders think Gen Zers want — with the happy accident that Gen Z’s goals and values generally align with many of the benefits typically offered by employers.

Key Points: 
  • New research from The Standard shows a disconnect between what employee benefits Gen Zers say they want and what HR leaders think Gen Zers want — with the happy accident that Gen Z’s goals and values generally align with many of the benefits typically offered by employers.
  • In Learning to Speak Gen Z , The Standard continues its exploration of Gen Z and employee benefits.
  • While the carrier has conducted research exclusively on Gen Z’s view of benefits, The Standard’s latest study looks at HR leaders’ perception of what Gen Z wants from employers and their benefits programs.
  • For example, only 12% of HR leaders say Gen Z ranks life insurance as “extremely valuable,” but 53% of Gen Zers characterize it that way.

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Retrieved on: 
Thursday, March 28, 2024

The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity.

Key Points: 
  • The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity.
  • In contrast, concern over authorized push payment scams is notably less pronounced in Indonesia compared to other ASEAN countries and India.
  • According to the research, only 28% of Indonesian respondents expressed worry about authorized push payment scams, significantly lower than the Asia average of 33%.
  • Moreover, only 3% of Indonesian respondents reported their stolen identity being used to open a financial account, a decline from nearly 10% in 2022.

AM Best Affirms Credit Ratings of Allianz México, S.A., Compañía de Seguros

Retrieved on: 
Friday, March 22, 2024

Allianz Mexico specializes in offering insurance coverages across a broad spectrum of categories in life, property/casualty (P/C) and accident and health.

Key Points: 
  • Allianz Mexico specializes in offering insurance coverages across a broad spectrum of categories in life, property/casualty (P/C) and accident and health.
  • A change in AM Best’s perception regarding the strategic importance of Allianz Mexico to the group also could impact Allianz Mexico’s ratings.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

INVZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, March 22, 2024

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or “the Company”) (NASDAQ: INVZ) and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or “the Company”) (NASDAQ: INVZ) and certain of its officers.
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

AM Best Affirms Credit Ratings of Allianz Global Corporate & Specialty Resseguros Brasil S.A.

Retrieved on: 
Friday, March 22, 2024

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” (Superior), of Allianz Global Corporate & Specialty Resseguros Brasil S.A. (AGCS Re Brazil) (São Paulo, Brazil).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” (Superior), of Allianz Global Corporate & Specialty Resseguros Brasil S.A. (AGCS Re Brazil) (São Paulo, Brazil).
  • AGCS Brazil’s operations are clearly identified as part of the wider Allianz group and the Allianz Global Corporate & Specialty segment.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

ResultsCX Named ‘Promising Provider’ in Everest Group’s Service Provider Compass™ – Global Services Delivery from Mexico Report

Retrieved on: 
Wednesday, March 20, 2024

ResultsCX , a provider of Customer Experience Management (CXM) services to leading global companies including Fortune 100 and 500 firms, was recognized as a ‘Promising Provider’ in the ‘CXM services in Mexico’ category of Everest Group ’s Service Provider Compass™ – Global Services Delivery from Mexico report .

Key Points: 
  • ResultsCX , a provider of Customer Experience Management (CXM) services to leading global companies including Fortune 100 and 500 firms, was recognized as a ‘Promising Provider’ in the ‘CXM services in Mexico’ category of Everest Group ’s Service Provider Compass™ – Global Services Delivery from Mexico report .
  • This distinction highlights the company’s employee satisfaction and expansion into Mexico, reflecting its successful nearshore capabilities that meet client demands and provide strategic advantages.
  • “By opening two sites in Mexico, one of Latin America’s largest economies, we’ve been able to broaden our reach in providing CX solutions across industries,” said Rajesh Subramaniam, CEO of ResultsCX.
  • "Strategically positioned in key cities in Mexico, ResultsCX leverages local expertise for customer experience management and is committed to fostering a vibrant culture."

indie Semiconductor Announces Strategic Investment in AI Processor Leader Expedera

Retrieved on: 
Wednesday, March 20, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP).

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP).
  • The partnership will deliver customized artificial intelligence (AI) enabled processing capabilities for sensing solutions targeting Advanced Driver Assistance Systems (ADAS) and includes a commercial agreement to integrate customized Expedera OriginTM NPU processing solutions into future indie products.
  • View the full release here: https://www.businesswire.com/news/home/20240320336775/en/
    indie Announces Strategic Investment in AI Processor Leader Expedera (Graphic: Business Wire)
    According to S&P Mobility, by 2029 over 50 percent of vehicles will incorporate Level 2 and above driver automation capabilities, representing a $28 billion ADAS semiconductor opportunity.
  • “Our mission has always been to deliver best-in-market NPU solutions alongside premier partners, which is why we are so thrilled to welcome this new strategic investment and commercial agreement with indie,” said Da Chuang, co-founder and CEO of Expedera.

IHI Licenses OSARO SightWorks™ Perception Software to Accelerate Mixed-Case Depalletizing in Japan’s Warehouses

Retrieved on: 
Wednesday, March 20, 2024

As part of the agreement, IHI will license multiple OSARO® Robotic Depalletizing Systems , which use OSARO SightWorks™ Perception for picking, mixed-case depalletizing, induction, kitting, and other automated functions.

Key Points: 
  • As part of the agreement, IHI will license multiple OSARO® Robotic Depalletizing Systems , which use OSARO SightWorks™ Perception for picking, mixed-case depalletizing, induction, kitting, and other automated functions.
  • Warehouses and logistics operations operate in a fiercely competitive environment and are under constant pressure to accelerate delivery times while lowering costs.
  • OSARO’s machine-learning software maximizes robotic depal performance and includes mixed-case capabilities as well as damaged box and foreign object detection.
  • A robotic depal system equipped with OSARO’s software can return, on average, a 40% cost savings when compared to manual labor.