Top Investors Back FalconX as The Need For Reliable Execution & Institutional Conviction In Digital Assets Continues To Soar


GIC and B Capital Lead $150 Million Series D Funding Round, Valuing FalconX at $8 Billion

SAN FRANCISCO, June 22, 2022 /PRNewswire/ — FalconX, a digital assets platform for institutional investors, today announced a $150M Series D financing round, valuing the company at $8 billion. The round was led by GIC and B Capital, with participation from Thoma Bravo, Wellington Management, Adams Street Partners and Tiger Global Management. This venture round more than doubles the value of FalconX after its Series C raise in August 2021 that valued the company at $3.75 billion. FalconX has now raised $430 million+ from the world’s leading investors, making it one of the most valuable crypto prime brokerages in the world.

Momentum Is Strong Throughout Recent Market Stress Tests

There has been a definitive flight to quality in both the public and private markets – with investors focused on strong, profitable and sustainable companies. In Q1 2022, FalconX had the strongest quarter of customer onboarding in the company’s history, despite the volatile public and private markets. This growth is driven by demand from a diverse range of institutional market customers who are looking for a reliable execution platform in volatile crypto markets, capital efficiency to scale returns and strong risk management.

“FalconX is one of the very few crypto prime brokerages who do not take on market risk, so we’re not in conflict with our clients and their trading strategies. In light of recent market conditions, this is extremely valuable to our clients who demand a reliable market infrastructure provider. This investment is a validation of our client-first focus, the health and strength of the crypto industry, and the move towards digital asset transformation,” said Raghu Yarlagadda, CEO and Founder of FalconX.

FalconX At the Forefront of Digital Asset Transformation

We are in the early stages of a shift towards digital asset transformation and crypto is the first use-case. Soon, every asset will go through a transformation, leverage tokenization and become truly global. This will unlock unparalleled value in industries where 24/7 liquidity and credit did not exist previously. From the world’s largest hedge funds to fintech companies, boardrooms are focused on digital asset transformation. FalconX is driving this transformation by creating the underlying infrastructure required to not just access crypto but pave the way for traditional assets such as equities to be tokenized.

“FalconX is a key liquidity provider for Apex Crypto and a key partner that contributes to best pricing,” said Danny Rosenthal, CEO of Apex Crypto. “We are proud to partner with FalconX to provide strong markets for our customers, representing over 4.5 million cryptocurrency accounts, in a seamless and capital efficient manner. We look forward to our future with FalconX.”

Premier Talent Is Hungry to Be Involved in the Early Stages of Crypto

While there has been a public narrative that the current hiring trend across the technology ecosystem is slowing down, FalconX’s growth strategy remains unchanged. The company is currently hiring across departments. As one of the leading talent hubs in the world of crypto, the company recently announced the hiring of key executives like Suzy Walther (formerly of Carta) and Jon Kaplan (formerly of Pinterest). Because the crypto industry is well funded with more capital eager to engage, premier talent is hungry to be involved in these early stages.

“We partner with companies that will have lasting impacts on the industries and customers they serve. As a tech-first digital asset infrastructure platform, FalconX provides a holistic product offering paired with unparalleled execution that supports over 70M+ transactions on a monthly basis. They are well-positioned to lead the ongoing institutional transition to digital assets for years to come,” said Rashmi Gopinath, General Partner, B Capital.

Last month, FalconX became the first CFTC-registered crypto-focused Swap Dealer and one of the first crypto-focused Primary Level Members of the International Swaps & Derivatives Association (ISDA). As a result of adhering to these regulatory and industry standards, U.S. institutions can now engage with this regulated product in a predictable and familiar way.

To learn more or get started with FalconX today, visit https://falconx.io.

About FalconX

FalconX is a fully comprehensive digital asset platform that allows institutions to access and manage all of their crypto strategies through a single interface and seamless workflows, making it easy to execute trading, credit and clearing all in one place. FalconX’s crypto-as-a-service offering powers leading banks, FinTech institutions and investment applications to easily add crypto to their product offerings with a goal of enabling the next billion users to enter the crypto space. The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, Chicago, Bengaluru and Malta. For more information visit falconx.io  or follow them on Twitter  and LinkedIn.

MEDIA CONTACT: 
Kasey Christolos 
Next PR 
FalconX@nextpr.com

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BenQ Introduces their 2022 Line-Up of Products with HDRi and Eye Care

Choosing the right display for your set-up is rather important. You do not want to be spending a lot of money on your tower and forget buying other peripherals. While you can cheap out a little on audio peripherals in most cases, you do not really want to cheap out on your display. Your display is technically the window to your PC, and it is the thing that meets your eye every time you turn on your PC.

The MOBIUZ EX2710U and EX3210U 4K Gaming Monitors with HDRi and Eye Care Technology

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If you want to get the best of the bets gaming displays, you want something with 4K resolution. At that, you also want a rather fast display. The new MOBIUZ EX series for 2022 are two 4K gaming monitors with up to 144Hz in refresh rate. The IPS panel used on the displays also boast up to 98% in DCI-P3 colour gamut coverage.

Both displays come with HDMI 2.1 support, you want that especially when you want to push 4K 144Hz to your display. As per the title, the MOBIOUS EX2710U and EX3210U also features BenQ’s patented HDRi technology for better colour reproduction and contrasts. At the same time, there is the Brightness Intelligence technology that adjusts the screen’s brightness according to ambient lighting conditions to protect your eyes, especially in low-light gaming conditions.

On top of all of that though the MOBIUZ EX monitors also feature 2.1 channel audio system they call the TreVolo Speaker system. This also means that you might not need to buy a secondary speaker at all to get decent audio. To really differentiate itself from other older models, it even comes in white colour. The only difference between the two models is their screen sizes at 27-inch and 32-inch respectively. Of course, price differs too.

BenQ Eye Care GW2485TC and GWS2785TC Productivity Monitors

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You might already have a home office with a proper work-from-home corner. Since the pandemic hit early in 2020, most of us had to shift our work patterns and get used to working from home. We must have a proper work from home set-up going. But that was nearly two years ago now. You would have to grab whatever you can get your hands on and put together a working set-up. It is 2022 and you might be due for an upgrade.

In that case you need something that can ultimately protect your eyes in extended working condition. The BenQ GW2485TC and GW2785TC monitors do not boast 4K resolutions. They boast a rather humble Full HD 1080p resolution. Full HD 1080p is still more than enough to enjoy the likes of Netflix though.

What makes these monitors perfect for your work-from-home set-up though is BenQ’s clever Brightness Intelligence technology. The technology uses an ambient light sensor to adjust what you see on the monitor. It does not only detect the brightness level of your room or work area. It also detects the contrast levels of the images to be displayed on the display. The display will automatically and cleverly reduce or increase overall brightness and even optimise dark parts so that you can see enough details on it without compromising the brightness levels of the entire display.

The clever display also has a flicker-free technology that reduces or eliminates flicker across all brightness levels available to the display. Of course, to ensure that you can keep working on the displays in extended periods, the displays are made with lower than regular blue light emissions. The downside to that is the slight warm tinge you might find on the display.

Other features that should boost your productivity levels is the Daisy Chain feature that allows you to create a multi-screen set-up with just a single USB Type-C connection from your PC. Once you plug in the USB Type-C cable too, your thin-and-light notebook can also simultaneously be charged at 60W PD from the monitors. It is also designed with ease of use and flexibility in mind, so you can tilt the display into any orientation for your convenience. There is also a built-in mic paired with two 2W speakers on both the display models for you to work with in a video call environment.

Of course, as per their name, they come in different sizes. The GW2485TC comes with a 24-inch IPS panel with 75Hz refresh rate. The GW2785TC also comes in an IPS panel that measures in at 27-inch instead of a measly 24-inch. It also refreshes at 75Hz.

Price and Availability

The BenQ MOBIUZ EX2710U will be available a little later in the year. There is no official pricing for the 27-incher currently too. The BenQ MOBIUZ EX3210U is now available on BenQ’s official Shoppe or Lazada stores at MYR 4,868. The new BenQ GW2485TC is now available also on their official store on Shopee and Lazada at MYR 1,149. For another MYR 100, you can get your hands on the larger GW2785TC monitor at MYR 1,249 on both Shopee and Lazada. For more information on the recently launched BenQ monitors, you can go to their website.

SS&C Partners with Xcentuate to Support Customer Digital Transformation Journeys


WINDSOR, Conn., June 22, 2022 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new partnership in the EMEA and APAC regions with Xcentuate, an award-winning international provider of digital productivity and performance solutions to the financial services, agricultural, pharma and public sectors.

The partnership follows SS&C’s recent acquisition of Blue Prism, the leading Robotic Process Automation provider, further demonstrating its commitment to the intelligent automation solutions market. Xcentuate, based in Dublin, Ireland, will serve as a consulting and implementation partner, acting as an extended team to advise, implement, support and deliver complex projects.

“We are delighted to partner with Xcentuate,” said Gautam Moorjani, General Manager, SS&C Intelligent Automation Solutions. “The EMEA and the Asia Pacific regions are markets with a lot of appeal – with resilient and developing economies and talented, skilled workforce. In addition, the potential for operational automation to transform how businesses work is significant.”

The partnership will enable SS&C to leverage Xcentuate’s vast experience to access new potential customers, take new value propositions to market, develop point solutions to address current market needs, and enhance its specialized professional services to our customers.

“The SS&C partnership is of significant strategic importance to us regarding our offer to the market,” said Ray Bowe, Xcentuate founder and CEO. “The breadth and depth of SS&C’s expertise in financial services and healthcare technology are unmatched. In addition, this new partnership further broadens the suite of services we can offer to firms in EMEA and the Asia Pacific with an ambitious digital transformation agenda.”

Learn more about SS&C Intelligent Automation Solutions.

About Xcentuate

Headquartered in Dublin, Ireland, Xcentuate serves a range of industries including financial services, agriculture, pharma and public sector.

Xcentuate works with customers in EMEA and Asia-Pacific regions to transform their business operations using a suite of best-in-class technology to deliver sustainable advantage. Combined with award-winning operational expertise and a track record of delivery, they support businesses in transforming their customer experiences and enabling them to optimise control and productivity while building an engaged, enthused workforce.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

SOURCE: SS&C

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook

Databricks Releases Final Keynote Lineup and Industry Programming for 2022 Data + AI Summit


Databricks co-founders Ali Ghodsi, Matei Zaharia and Reynold Xin will deliver can’t-miss keynotes highlighting advancements to Databricks’ Lakehouse Platform and new contributions to the open source community

SAN FRANCISCO, June 22, 2022 /PRNewswire/ — Databricks, the Data and AI company and pioneer of the data lakehouse paradigm, revealed the full agenda and final lineup of featured speakers for the upcoming Data + AI Summit, a global event for the data community. Tens of thousands of data leaders, open source enthusiasts, and Databricks customers and partners will come together both in-person in San Francisco, and virtually from around the world to connect, share best practices, and get a first look at the latest product innovations and contributions to the open source community.

This year’s ‘Destination Lakehouse’ theme highlights the building blocks of the modern data stack and focuses on product innovations that enable data stewards to mobilize data assets quickly for better, more informed decisions. The highly-anticipated in-person event returns to San Francisco for the first time in three years, with a sold-out program at the Moscone Center. Data enthusiasts can still tune in virtually by registering here for the free, immersive online experience.

Data + AI Summit will feature keynotes from Databricks co-founders – and original creators of Apache Spark™ and Delta LakeAli Ghodsi, Matei Zaharia, and Reynold Xin. Attendees will also hear from a broad lineup of data and AI luminaries, open source pioneers and global thought leaders, including:

  • Andrew Ng, Co-founder, Google Brain and Coursera
  • Christopher Manning, Pioneer in NLP and Director, Stanford AI Lab
  • Daphne Koller, AI Pioneer, Founder and CEO, Insitro
  • Hilary Mason, Co-founder and CEO, Hidden Door
  • Peter Norvig, AI Pioneer, Stanford, Google and NASA
  • Tarika Barrett, CEO, Girls Who Code
  • Zhamak Dehghani, Creator of Data Mesh; Director, Thoughtworks

The annual event will feature thought-provoking technical sessions and trainings, open source community meetups and networking opportunities, as well as a lineup of industry-specific breakout events. Attendees can expect to hear actionable best practices and compelling insights from data leaders at pioneering companies like Adobe, Amgen, Intuit, John Deere, S&P Global, Walgreens, Warner Bros. Discovery and more.

Data + AI Summit attendees can also expect the following highlights:

  • 200+ Technical Sessions, across industries and skill levels, covering open-source technologies such as Apache Spark™, Delta Lake, MLflow, Apache Flink, PrestoDB, dbt, and more.
  • Industry-specific content tracks that dive into the power of data and AI within Financial Services, Healthcare & Life Sciences, Media & Entertainment, Public Sector and Retail sectors. These breakout forums will highlight industry-specific data and AI use cases, customer panels, interactive demos and opportunities to connect with peers and partners in the Industry Lounge.
  • Women in Data + AI luncheon and panel discussion moderated by the dynamic Sol Rashidi, Chief Analytics Officer at Estee Lauder. This year’s event will highlight the education of women in tech, with actionable ways to get involved with supporting organizations and mentorship opportunities in local communities.
  • An expanded curriculum of in-person and virtual training workshops and new certification bundles. Attendees can choose from half and full-day classes tailored to specific professions or focus areas. Courses encompass everything from the Databricks Lakehouse to Apache Spark™ programming to managing ML models.
  • Networking events for attendees to interact and collaborate with peers. Events will include a Developer Lounge, Contributor Meetups, University Alliance Meetup, as well as partner networking events and evening receptions.

Data + AI Summit is sponsored by over 80 leading companies from across the data and AI industry including Accenture, Avanade, AWS, Census, dbt Labs, Deloitte, Fivetran, Google Cloud, Immuta, LeapLogic, Matillion, Microsoft Azure, Prophecy, Slalom, Sisu, ThoughtSpot and more.

Check out the Databricks blog and the event’s full agenda to learn more; register to attend for free here.

About Databricks
Databricks is the data and AI company. More than 7,000 organizations worldwide — including Comcast, Condé Nast, H&M, and over 40% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Delta Lake, Apache Spark™, and MLflow, Databricks is on a mission to help data teams solve the world’s toughest problems. To learn more, follow Databricks on Twitter, LinkedIn and Facebook.

Contact: Press@databricks.com

The Megapixel Race is Back on with Sony Looking to Introduce 100MP Smartphone Camera Sensor

Before Samsung came with their 108-Megapixel behemoth of a camera sensor that is their ISOCELL camera sensor you find on the Samsung Galaxy S21 and Galaxy S22 series, Sony was the go-to people for smartphone camera sensors. Their IMX sensors proved to be some of the versatile and best camera sensors for all kinds of mobile photography needs. Of course, not everyone feels like the sensors from Sony is adequate for them and their purpose. HUAWEI, for example came up with their own Red Yellow Yellow Blue (RYYB) sensor for more natural colours on their photos.

Samsung snagged the king of smartphone photography sensor title when they introduced the new sensor that went above 100MP for their flagship smartphone. Earlier this year, Samsung made another breakthrough in their mobile photography technology. They have introduced their ISOCELL HP1 200MP sensor, a sensor that hits 200-Megapixel. If estimations are correct, the sensor could make its way to the Samsung Galaxy S23 Ultra model next year.

Sony is not backing down though. They are reported to be working on their own version of a smartphone camera sensor that is supposed to shoot at 100-Megapixel, rivalling the current Samsung ISOCELL sensors found in the Samsung Galaxy S21 Ultra and Galaxy S22 Ultra. Currently, reports points to the sensor as a part of the IMX8 series of sensors that are designed for mid-range and high-end smartphones. The sensor could also be larger than the ½-inch 64-Megapixel sensor that Sony already makes, currently found in the Samsung Galaxy S22 and Galaxy S22+ smartphones.

The idea of cramming more pixels into your smartphone camera is something that manufacturers have toyed with several years ago. Sony was the manufacturer of choice too when it comes to high-resolution sensors. For several years, the highest pixel count for a smartphone camera was 64-Megapixel until Samsung introduces their Samsung Galaxy S21 Ultra last year with a behemoth of a 108-Megapixel sensor lodged in its body. We thought the Megapixel race was over, looks like we were wrong.

Source: SAMMobile

A New Metaverse Emerges, and it Comes from Fender

If you do not know who Fender is, we must ask; which universe did you come from?

Fender is one of the biggest brands in the world, if not the biggest, in electric guitars. Their products are the stuff of legends in the modern musician’s world. Any guitar nerd should know Fender and their signature Stratocaster model. The Fender Stratocaster, if you have not known, is iconic enough that it is what the general public will think of then they talk electric guitars.

If a guitar nut were to go to Florida, United States of America (U.S.A), they would want to stay in the guitar shaped hotel that is the Hard Rock hotel there. Hard rock hotels are not particularly known to be budget friendly options when you travel though. So where does that leave guitar nuts who cannot afford the hotel? Metaverse!

Fender has announced a partnership with Meta to create a virtual world in the Horizons metaverse platform. What will the Fender metaverse look like? A guitar, of course!

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The world revolves around a giant Stratocaster shaped floating island. They fittingly name the metaverse the Fender Stratoverse and the entire purpose of this metaverse is for users to just jam together with legless avatars.

They designed the entire thing like a game too. After sliding down the guitar’s neck, Stratoverse will put you in a scavenger hunt to find hidden guitar chords embedded in guitar picks scattered across the floating island. Once the hidden chords are found, you get transported into something called the “Riff Maker” where you can create your own jams and riffs. That, or just go play an air guitar.

Of course, you can expect more than just music making features and mini games from Fender. A true Fender fan must also sport the iconic simple T-shirt with Fender’s iconic branding on the shirt. Since Balenciaga, Prada, and Tom Brown has announced that they will be selling their products in Meta’s avatar store, there is no reason that Fender may not do the same too. For all you know they could sell proper virtual collector guitars, or some form of NFT related item exclusive to Fender.

Source: Gizmodo

Cloudflare Error Took Out A Large Part of the Internet – Us too!

If you were trying to get to a number of websites or use some of your apps earlier and couldn’t, it was likely because of an outage at Cloudflare. A large number of companies use the service to help improve their user experience and load times. The company has already acknowledged the issue and is currently working to resolve the root cause and restore the internet.

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Screenshot: Cloudflare Twitter Announcement

According to their service status website, a P0 issue – essentially an urgent issue requiring all hands on deck – occurred at 6.34 a.m. UTC (2.34 p.m. UTC+8/Malaysian Time). The issue caused connectivity disruptions in the Cloudflare network across a large number of regions. During this time, you were likely to see a page with Error 500 on any website using the service – including ours. The disruption also affected Cloudflare’s 1.1.1.1 DNS service and a number of apps and services including Fitbit, NordVPN, Discord and even Shopify.

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Screenshot: Error 500 on Bluehost.com

Cloudflare has announced that they have already deployed a fix for the issue at 7.20 a.m. UTC (2.20 p.m. Malaysian Time/UTC+8). For now, it looks like the issue has been resolved and the internet is back in one piece again. It is worth noting that this incident isn’t the first incident. Cloudflare has experienced similar outages in July and August 2020. The former resulted in Discord going down for a little bit while the latter saw a similar result to today’s outage.

Lighting Controls Industry Expands as Awareness of Energy Solutions Grows

The need to replace conventional lighting systems promotes global lighting controls
market growth, says Frost & Sullivan

SAN ANTONIO, June 21, 2022 /PRNewswire/ — The demand for energy-efficient lighting, alongside regulatory compliance and building codes are key drivers propelling the lighting controls market, finds Frost & Sullivan’s recent analysis, Growth Opportunities in Global Lighting Controls Industry. Growing consumer awareness of sustainable solutions and the need to replace conventional lighting systems will further boost the industry’s growth. The global lighting controls market is expected to reach $11.82 billion by 2028 from $7.13 billion in 2021 at a compound annual growth rate (CAGR) of 7.5%.

Lighting Controls Industry Grows.
Lighting Controls Industry Grows.

For further information on this analysis, please click here.  

“Lighting controls have transitioned beyond energy-saving devices to connected and intelligent devices that store and use data to enhance living conditions,” said Dennis Marcell Victor, Energy & Environment Industry Analyst at Frost & Sullivan. “As light points generate valuable amounts of data, machine learning (ML) and artificial intelligence (AI) can provide lighting controls service providers analytical insights about users to create additional revenue.”

Victor added: “The construction industry’s post-COVID-19 pandemic recovery will encourage stakeholders to prioritize enhancing commercial and residential buildings for additional comfort. This will lead them to install platform solutions that can control, analyze, and integrate all systems in a building, including lighting.”

Growing consumer awareness toward energy efficiency and sustainable solutions presents the following growth opportunities for lighting controls service providers:

  • The utility sector should implement energy management strategies in the industrial segment, as demand response programs are still underutilized in the lighting industry, followed by other commercial buildings.
  • Lighting controls manufacturers should meet codes compliance and obtain certifications to distinguish their products in the market.
  • Companies can offer comprehensive facility support and analytical solutions with data collected from light points as a value-added service of lighting systems.

Global Lighting Controls Growth Opportunities is the latest addition to Frost & Sullivan’s Energy & Environment research and analysis available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Nicole Ryder
Corporate Communications
E: Nicole.Ryder@frost.com
https://www.frost.com/

Global Lighting Controls Growth Opportunities 
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IBM, DELTA AIR LINES WPP, 4A’S, IAB, AD COUNCIL AND OTHER INDUSTRY LEADERS ACT TO MITIGATE BIAS IN ADVERTISING TECHNOLOGY


IBM Delivers Open Source Toolkit to Identify and Mitigate Bias in Advertising Technology

CANNES, France, June 20, 2022 /PRNewswire/ — Today, leading companies committed to improving fairness in marketing campaigns. The initiative, announced at the Cannes Lions International Festival of Creativity 2022, brought together agencies, brands, and other leaders to generate awareness and take action towards mitigating bias in advertising technology. Committing organizations include IBM (NYSE: IBM), Delta Air Lines, WPP, Mindshare, 4A’s, IAB and the Ad Council.

The action is the most recent effort by IBM to drive education and awareness around the impact of bias in advertising technology. In 2021, the company launched a research initiative to explore the hypothesis that bias can exist in ad technology, which initial findings confirmed. The research also showed that mitigating bias in ad technology was possible using AI tools and resources in marketing processes. More industry participation and data collection are needed to better understand the potential impact of bias on these campaigns, but several industry leaders are demonstrating early activism by raising awareness and taking action via IBM’s Advertising Fairness Pledge.

“While the risk of bias in advertising is well known, by making this commitment, these organizations are among the first in the industry to take action,” said Bob Lord, IBM Senior Vice President of The Weather Company and Alliances. “Together, we are agreeing to educate ourselves and our companies and ask other industry leaders to join us in helping to mitigate bias in advertising.”

Toward that effort, IBM also announced the release of its gratis Advertising Toolkit for AI Fairness 360, an open-source solution deploying 75 fairness metrics and 13 state-of-the-art algorithms to help identify and mitigate biases in discrete data sets. A playbook and sample code are also made available for ease of use. Organizations utilizing the toolkit may gain a better understanding of the presence and impact of bias on their ad campaigns, as well as the makeup of their audiences.

“Used correctly, data can help brands personalize consumer engagement and identify the most relevant touchpoints. However, we know that bias can exist in algorithms or technology, and that’s why we’re helping our clients to evaluate how and when to use data in a meaningful way that will benefit the customer experience,” said Mark Read, CEO of WPP. “Through WPP’s GroupM, we’ve developed the Data Ethics Compass to help clients navigate the challenges of using datasets, while IBM’s new Advertising Toolkit for AI Fairness 360 will help us to better understand the potential impact of bias. Consumers rightly expect brands to use their information in a fair way and for the industry to tackle data bias collectively, which can ultimately result in increased engagement and commercial outcomes.”

Bias is often unintentional, a result of human assumptions and judgments encoded into algorithms that can result in unfair targeting, exclusion of certain groups, and marketing campaign failures. Organizations taking the pledge can contribute data to ongoing studies that seek to better explain the impact of bias. According to Salesforce’s 2022 State of the Connected Customer survey, nearly 62 percent of consumers surveyed reported they are concerned about bias in AI, up from just 54 percent two years prior, emphasizing the imperative for brands and agencies to better understand its impacts.

“As technology and data prevalence accelerates, the risk for bias in advertising compounds. It is our duty to address this head-on,” said Adam Gerhart, Global CEO of Mindshare. “We believe the industry needs to take clear and intentional action, which is why we are committing to leverage the Advertising Toolkit for AI Fairness 360.”

As the advertising industry continues to face issues related to privacy and transparency, many organizations believe that tackling bias in ad tech could be a next key area of focus for marketers. Nearly $1 trillion was spent on digital advertising globally in 2021, much of which flows through programmatic engines that segment and target specific audiences, sometimes missing large consumer groups in the process. With increasing consumer demand for transparency in how their data is used, marketers must look for new ways to remain effective. Tapping into alternative privacy-forward data sources, such as weather data, can be effective predictors of behavior that could also help rebuild trust with consumers.

“As a global brand, we know that every decision we make, whether it’s about a supplier, an employee or an ad campaign, is a reflection of our values and the change we want to see in the world,” said Emmakate Young, Delta’s Managing Director of Brand Marketing. “We’ve long been focused on inclusive representation in our campaign creative, this effort allows us to go a step further to bring more inclusive representation to our campaign delivery.”

To download the Advertising Toolkit for AI Fairness 360 and the associated playbook, to take the Advertising Fairness Pledge, and to learn more about how bias in advertising can negatively impact businesses and consumers, visit IBM’s Bias in Advertising microsite.

To learn more about IBM Watson Advertising solutions and services, visit here.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.

About IBM
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly and efficiently. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

IBM Contacts:

Luca Sesti
luca.sesti@ibm.com

Clare Chachere
Clare.chachere@ibm.com

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Samsung Announces Creator Focused ViewFinity S8 Monitor

Samsung seems to be on a roll with all their products this year. The company has only just announced some of the most compelling lifestyle products with the expansion of their BESPOKE line up and their new Smart TV offerings. However, it looks like the company isn’t done just yet. Samsung has announced a brand-new, high resolution display with certified colour accuracy aimed at creators.

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The new ViewFinity S8 brings 98% coverage of the DCI-P3 gamut with 5ms gray to gray response times. The display seems to want to take on Apple’s Pro XDR display with high resolution IPS panels. The panels come with 1000:1 contrast ratios and a UHD resolution of 3840×2160 pixels.

It will be available in two sizes: 32-inch and 27-inch. Unlike Samsung’s Odyssey G8 monitors, the ViewFinity monitors are flat panels. However, they are made for productivity – particularly if you need colour accuracy. The display is certified by PANTONE and can even support the new 110 colours introduced in PANTONE’s SkinTone Guide. It is also HDR capable; with the 32-inch supporting VESA’s HDR 600 standard while the 27-inch supports HDR 400.

ViewFinity S8 3

The ViewFinity S8 Monitors come with a matte display which is also UL certified to be Glare Free. The matte finish helps disperse glaring lights while preserving colour integrity and reducing eye strain. It also comes with Adaptive Picture which optimises settings to suit your content while preserving eye health and also Eye Saver mode which reduces blue light exposure significantly. The monitors are also flicker free to reduce eye strain.

When it comes to connectivity, the ViewFinity S8 comes with 1 DisplayPort, 1 HDMI port and 1 USB-C. Connecting via USB-C enables deeper colour accuracy and up to 10Gbps data transfers. It also comes with a USB Hub feature which allows you to connect USB interfaces to your computer via the monitor.

ViewFinity S8 Model 1

The monitors also come with an environmentally aware, ergonomic design. Samsung has developed and incorporated new materials made from ocean-bound plastics to help reduce marine waste. These plastics are not only used in the body of the monitor but also in some of the more crucial components of the monitor. They are also more power efficient than before with Samsung’s Eco Savings Plus technology which reduces pixel brightness in sections of the image with black pixels for up to 10% more power savings.

Pricing & Availability

The Samsung ViewFinity S8 will be available in 32-inch and 27-inch sizes. It is currently available in South Korea for KRW820,000 (MYR2,794.88/USD$634.94) and KRW720,000 (MYR2,454.51/USD$557.60) respectively.

The monitors will be available globally according to regions starting in June 2022.

Official Specifications

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Source: Samsung