Category Archives: PR Newswire

Qualys Integrates Ivanti Patch Management into Qualys VMDR Platform to Self-Heal Endpoints with One Click

Qualys Vulnerability Management Detection Response (VMDR) Platform Streamlines the Detection and Patching of Vulnerabilities, from the Endpoint to the Datacenter

SINGAPORE, Aug. 3, 2020 — Ivanti, the company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge, and Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced an expanded partnership. The partnership provides for the integration of Ivanti® Patch Management technology within the Qualys VMDR® (Vulnerability Management Detection Response) platform. The next phase of the integration will allow Qualys customers to patch MacOS systems, as well as over 70 third-party Mac applications, directly through Qualys VMDR.

The Ivanti and Qualys partnership provides for tight integration of Ivanti Patch Management into Qualys VMDR to automate and simplify the patch remediation process. As a result, customers will be able to quickly detect vulnerabilities, from endpoint to datacenter, and automatically deploy expertly pre-tested Mac patches across dozens of third-party applications. Current Microsoft patch coverage includes both security and non-security content for all supported products, operating systems, and applications, including Microsoft Office. The Ivanti patch catalog is one of the industry’s most comprehensive catalogs currently securing over 180 million endpoints globally.

"Ivanti’s expanded partnership with Qualys further underscores our mission to help deliver end-to-end security solutions," said Nayaki Nayyar, executive vice president and chief product officer, Ivanti. "Our recently announced Ivanti Neurons platform powers security teams with advanced automation capabilities to discover, prioritize, remediate vulnerabilities and self-heal endpoints and edge devices."

"The seamless integration of Ivanti and Qualys technologies in VMDR takes endpoint security to the next level," said Sumedh Thakar, president and chief product officer, Qualys. "By extending Ivanti’s leading patch management technology from Windows to Mac, Qualys VMDR now orchestrates the entire process of discovery, prioritization and patching of critical vulnerabilities in real time across hybrid IT environments including macOS devices. Furthermore, it allows us to bridge IT and SecOps workflows to more efficiently secure and manage today’s explosion of remote workers."

Qualys VMDR provides an all-in-one cloud-based app that automates the entire vulnerability management cycle across on-premises, endpoints, cloud, mobile, containers, OT and IoT environments – significantly accelerating the ability for organizations to respond to threats and prevent breaches. Deployment for the cloud-based app is easy, and pricing is asset based, which makes it simple to procure. Ivanti Patch Management technology is available today as an integrated component of Qualys VMDR.

To learn more, visit https://www.qualys.com/vmdr.

Ivanti Patch Management technology for OEM partners, marketed as Ivanti® Security Controls SDK, is provided to partners through a series of SDKs that allow rapid integration of a complete patch management solution into existing security solutions. These SDKs cover the patch management life cycle from endpoint assessment to patch packaging to patch deployment. This allows partners to deliver a full application security solution with patch content that covers Windows OS, MacOS and Linux variants as well as thousands of third-party applications. Whether a partner’s solution is supporting customers in the cloud, on-premise or in the datacenter, Ivanti Security Controls SDKs allow OEM partners to deliver world class agent-based and agentless patching across completely heterogenous environments.

To learn more visit: https://www.ivanti.com/partners/oem

About Qualys: One Cloud Platform – One Agent – One Global View

Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions with over 15,700 active customers in more than 130 countries, including a majority of each of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions in a single platform and build security into digital transformation initiatives for greater agility, better business outcomes, and substantial cost savings. For more information, please visit www.qualys.com.  

About Ivanti: Better Experiences, Better Outcomes.

Ivanti automates IT and Security Operations to discover, manage, secure and service from cloud to edge. From PCs to mobile devices, VDI, and the data center, Ivanti discovers IT assets on-premises, in cloud, and at the edge, improves IT service delivery, and reduces risk with insights and automation. The company also helps organizations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visit www.ivanti.com and follow @GoIvanti.

Copyright © 2020, Ivanti.  All rights reserved.

Press Contacts:

Spencer Parkinson
Ivanti
+1 801-694-0179
spencer.parkinson@ivanti.com 

Erin Jones           
Avista Public Relations for Ivanti
+704 664-2170
ivanti@avistapr.com 

Shuchi Joseph
Ying Communications
+65 98005037
Shuchi.joseph@finnpartners.com

The Philippines Armed Forces & Police Mutual Benefit Association Creates New Digital Loan Product in Under a Week with OutSystems


MANILA, Philippines, Aug. 3, 2020 — OutSystems today announced that Philippines financial solutions provider, Armed Forces & Police Mutual Benefit Association Inc. (AFPMBAI) is using the OutSystems low-code application development platform to launch a new loan product to continue serving its members amidst the ongoing COVID-19 pandemic.

AFPMBAI provides insurance solutions and personal loans to uniformed personnel and their families. Traditionally, the majority of work was done face-to-face, with advisors conducting assessments and approving loans and policies across its 18 locations. However, due to the escalating COVID-19 situation, the Philippines entered lockdown and the company was forced to digitalize its physical sales process in a matter of days. The lockdown affected both daily operations and the income stream at AFPMBAI, as the government placed restrictions on financial services companies’ ability to collect premiums and loan repayments. This forced AFPMBAI to find a new income stream to protect the long-term future of the business and continue to support the Philippines’ uniformed services during this period.

"We had to act quickly to maintain operations. Many people depend on us for loans and insurance, and we had to ensure they had access to finances, more so during this crucial period," says Antonio Hornilla, Chief Information Officer, AFPMBAI. "The new digital loan product is highly competitive and unique in the marketplace – higher loanable amounts, lower interest rates and more flexible terms. The product represented a lot of work. What we achieved with OutSystems was impressive, as it’s quick to code and very fast to test—we couldn’t have achieved that with our legacy platform."

By employing the OutSystems application development platform, the team was able to turn the new product idea into a fully functioning digital product in under a week, collaborating over video calls for real-time tweaks and testing simultaneously as they worked. The initial system was built in just four days, with two days of subsequent testing to get it ready for launch. The stakeholders from various departments could then access the platform and provide feedback on the new application. The launch of the new digital loan product was a resounding success. AFPMBAI had initially set aside around USD5 million, expecting to offer the loan for a month. However, with the combination of favourable terms and a user-friendly application interface, the entire portfolio sold out in just two weeks. The flexibility and speed of OutSystems development was tested as the team was tasked to rapidly build a temporary integration with the old system, and get the missing data copied across.

"Agility plays a critical role when responding to community needs during this unprecedented time," said Mark Weaser, APAC Vice President of OutSystems. "This project with AFPMBAI not only offers the ability to deliver applications faster and more efficiently than ever before, but it goes to show how OutSystems empowers them to be responsive and deliver custom solutions to their customers at scale."

The team at AFPMBAI now have the ideal foundation to continue offering vital financial support to uniformed service members throughout the Philippines, especially during this challenging period and sound foundation upon which to deliver and adapt new digital products to market faster post-pandemic.

About OutSystems

Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organisations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire applications that easily integrate with existing systems.

Visit us at www.outsystems.com or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems.

About Armed Forces & Police Mutual Benefit Association, Incorporated (AFPMBAI) 

Armed Forces & Police Mutual Benefit Association, Incorporated (AFPMBAI) is an organized mutual benefit association that provides security, protection and meaningful financial solutions for the uniformed services of the Philippines and their families. Members hail from the Armed Forces of the Philippines, the Philippine National Police, the Bureau of Fire Protection, the Bureau of Jail Management and Penology and the Philippine Coast Guard to name a few.

Logo – https://photos.prnasia.com/prnh/20171116/1994802-1LOGO?lang=0

Pakistan Telecommunication Authority (PTA) lifts ban on Bigo Live

SINGAPORE, Aug. 1, 2020 — The Pakistan Telecommunication Authority (PTA) on Thursday 30th July 2020, announced the lifting of ban on the live streaming app Bigo Live.


Bigo Live is owned by the Singapore-based BIGO Technology. The ban was lifted after a meeting between the PTA and Vice President of BIGO’s South Asia Operations John Zhang.

BIGO expressed its appreciation to PTA for the opportunity to clarify and better understand the security features of the app as well as the comprehensive content monitoring and data privacy measures that have been put in place, thus resulting in the lifting of the ban on Bigo Live.

BIGO reaffirmed its commitment to fully comply with Pakistan national laws and values, and will ensure that Bigo Live remains a platform for wholesome infotainment.  BIGO also appreciated PTA’s feedback and looks forward to continued engagement and partnership with the Pakistani authorities to create a positive and trusted virtual community for all users.

About BIGO TECHNOLOGY

BIGO Technology (BIGO) is one of the fastest-growing Singapore technology companies.

Powered by Artificial Intelligence technology, BIGO’s video-based products and services have gained immense popularity, with around 400 million monthly active users in more than 150 countries. These include Bigo Live (live streaming) and Likee (short-form video).

Visit BIGO’s website ( www.bigo.sg ) for more information on their brand and products. 

Photo – https://photos.prnasia.com/prnh/20200801/2873417-1?lang=0

Related Links :

http://www.bigo.tv

Kuaishou partners ONE Championship to livestream fights, boosts audience numbers

BEIJING, Aug. 1, 2020 — Tencent-backed Kuaishou has officially been named as the exclusive livestream broadcast partner for an upcoming large scale ONE Championship event named ONE: Never Give Up held in Bangkok, Thailand on July 31.

With more than 300m daily average users (DAUs), Kuaishou is one of the most popular livestreaming platforms in China, especially amongst sports fans and martial arts communities.

IP-ONE, the company behind the popular ONE Championship franchise, partnered with Kuaishou to introduce Muay Thai and Mixed Martial Arts (MMA) to a Chinese audience in a fun, mobile and interactive way to improve the audience experience. As a first for both Kuaishou and IP-ONE, hosting the event via livestreaming showcases the changing habits of Chinese consumers and the prevalence of livestreaming as a mainstream media channel.

Kuaishou acted as the exclusive livestreaming partner for ONE Championship event "ONE: Never Give Up" on July 31.
Kuaishou acted as the exclusive livestreaming partner for ONE Championship event "ONE: Never Give Up" on July 31.

Kuaishou and IP-ONE will also join forces to carry out pre-match promotions, mini-games and giveaways to increase the profile of MMA and Muay Thai amongst the growing middle-class in China. Kuaishou will also support the event through diversified means such as livestreaming support and community moderation as fans eagerly await the clash.

"Livestreaming is a new channel for established brands like ONE Championship to reach out to consumers and audiences directly and spark their interests in MMA and Muay Thai," said Yan Qiang, senior vice-president of Kuaishou. "We are happy to be the channel to bring world-class entertainment to Chinese consumers and influence people to lead healthier and more active lives."

ONE: Never Give Up features Muay Thai world champion "Iron Man" Rodtang Jitmuangnon against former flyweight kickboxing champion "Baby Shark" Peter Dan. ONE Championship Women’s Atomicweight Muay Thai World Champion Stamp Fairtex, who is also fighter Luo Tang’s girlfriend, will spar against Thai boxer "Thunderstorm" Sunisa Srisen. Besides, superstar Superbon Banchamek, "baby-face killer" Sitthichai Sitsongpeenong, super boxing champion Yodsanklai IWE Fairtex and other world-class Muay Thai superstars will also compete in this event.

About Kuaishou Technology

Kuaishou Technology develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day.

Our flagship product, Kuaishou, is China’s leading short video-sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover exciting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing, with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

  • March 2011 GIF Kuaishou was created as a tool for creating animated GIFs
  • October 2013 GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 Kuaishou’s DAU (daily active user) exceeded 10 million
  • September 2017 Kuaishou’s total users exceeded 600 million while DAU exceeded 80 million
  • December 2017 Kuaishou’s DAU exceeded 100 million
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 Kuaishou’s DAU exceeded 200 million
  • March 2020 Kuaishou’s DAU exceeded 300 million
  • July 2020 Kuaishou’s Livestream DAU surpassed 170 million

CONTACT:

Zhang Chuanshi
zhangchuanshi@kuaishou.com
+86-134-8881-8382

WWF Announced Strategic Partnership with Kuaishou on Global Tiger Day to Protect Wild Tigers

BEIJING, Aug. 1, 2020 — On July 29, Global Tiger Day, Tencent-backed Chinese short-video platform Kuaishou and World Wide Fund for Nature (WWF), co-launched a charity livestream event for wild tiger protection. Themed "Intangible Cultural Heritage, Guard the Return of the King", the two-hour livestream session received nearly 10 million views.

The livestreaming session showcases the making of 30 forms of tiger theme artworks with different traditional Chinese intangible cultural heritage techniques.

 "This charity event creatively combines endangered wild tiger and intangible cultural heritages, both of which are facing the issue of inheritance and sustainable development," said Liu Peiqi, Director of WWF China Northeast China Project. "We are happy to join hands with a powerful platform like Kuaishou and find that more people are aware of the protection of wild Siberian tigers and even the global wild tigers," added Liu.

"In traditional Chinese culture, the tiger is considered the king of all beasts, symbolizing power, justice, and protection," explained Qi Hang, regional cooperation director of Kuaishou. "As tigers are experiencing unprecedented threats due to illegal trade in tiger parts, we team up with WWF and intangible cultural heritage craftsmen, calling on the public to protect the natural environment and refuse consumption of tiger products." 

Shadow play "The Return of the King" created by Wei Zongfu, Inheritor of Huan County Taoism Shadow Puppet Play
Shadow play "The Return of the King" created by Wei Zongfu, Inheritor of Huan County Taoism Shadow Puppet Play

 

Sugar painting tiger created by Wei Shengguo, inheritor of Sugar Painting technique
Sugar painting tiger created by Wei Shengguo, inheritor of Sugar Painting technique

During the live-streaming, WWF introduced how illegal trade in tiger parts threatens the wild tiger population, and reiterate its commitment to protecting the species in the coming years. 

WWF’s philosophy and commitment received wide popularity on the Kuaishou platform that it wins over 54,000 followers within three days since joining.

About World Wide Fund for Nature (WWF)

WWF, founded in 1961 and headquartered in Gland, Switzerland, is one of the world’s largest and most respected conservation organizations, aiming to build a future in which humans can live in harmony with nature. WWF officially joined Kuaishou on July 28. Through charity events co-launched with Kuaishou, WWF aims to increase public awareness of wild tiger protection.

About Kuaishou Technology

Kuaishou Technology develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day.

Our flagship product, Kuaishou, is China’s leading short video-sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover exciting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing, with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

  • March 2011 GIF Kuaishou was created as a tool for creating animated GIFs
  • October 2013 GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 Kuaishou’s DAU (daily active user) exceeded 10 million
  • September 2017 Kuaishou’s total users exceeded 600 million while DAU exceeded 80 million
  • December 2017 Kuaishou’s DAU exceeded 100 million
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 Kuaishou’s DAU exceeded 200 million
  • March 2020 Kuaishou’s DAU exceeded 300 million
  • July 2020 Kuaishou’s Livestream DAU surpassed 170 million

To download Kuaishou, click here.

CONTACT:

Zhang Chuanshi
zhangchuanshi@kuaishou.com
+86-134-8881-8382

 

 

E-House to Become Leju’s Majority Shareholder; E-House, Alibaba and Leju to Jointly Build Online Real Estate Platform; Alibaba to Increase Stake in E-House

BEIJING, July 31, 2020 — Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries in China, today announced that it has become aware that E-House (China) Enterprise Holdings Limited ("E-House") (Stock Code: 2048), listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), has entered into definitive agreements with Mr. Xin Zhou, Leju’s executive chairman, and certain of his affiliated entities ("Zhou Parties"), and SINA Corporation and its affiliated entity ("SINA Parties"), to acquire an aggregate of 56.19% interest in the issued share capital of Leju. 

To Leju’s knowledge, pursuant to the agreements, E-House has conditionally agreed to purchase (i) 49,686,192 ordinary shares and 2,239,804 ADSs (each representing one ordinary share) of Leju from the Zhou Parties by issuing to the Zhou Parties 166,918,440 of its ordinary shares ("E-House Shares"), and (ii) 24,438,564 ordinary shares and 36,687 ADSs (each representing one ordinary share) of Leju from the SINA Parties by issuing to the SINA Parties 78,676,790 E-House Shares. The completion of these transactions is subject to certain closing conditions, including the approval by the requisite majority of shareholders or independent shareholders of E-House and the granting of the approval for the listing of, and permission to deal in, the E-House Shares by the Hong Kong Stock Exchange. Upon completion of these transactions, Leju will become a subsidiary of E-House and its financial results will be consolidated into the accounts of E-House.

In addition, E-House announced the establishment of strategic cooperation with Alibaba Group Holding Limited (NYSE, BABA, 09988.HK) ("Alibaba"). According to a business cooperation agreement entered into between E-House and a subsidiary of Alibaba, the two parties will cooperate in areas including online-offline real estate transaction, digital marketing and after-sale services with the goal of enhancing the digital and intellectual capabilities of the real estate service industry. Alibaba will closely collaborate with E-House and Leju to build an online real estate marketing platform and digital transaction network, with E-House being the operator of online transaction services on the platform and Leju being the operator of digital marketing services.

Also to Leju’s knowledge, Alibaba has agreed to (i) subscribe for E-House Shares to be issued by E-House, which will increase Alibaba’s stake in E-House to approximately 8.32%, and (ii) subscribe for a convertible note to be issued by E-House that is convertible into E-House Shares. Assuming full conversion of the convertible note, Alibaba will own a total 13.26% of the issued share capital of E-House, making it the second largest shareholder of E-House.  

"The cooperation between E-House and Alibaba is not only a key milestone in E-House’s and Leju’s development, but also a significant event in China’s real estate service industry," said Mr. Xin Zhou, Leju’s executive chairman. "In the process of collaborating with E-House and Alibaba to build an online real estate marketing and transaction platform, Leju will leverage its experience in online marketing and transaction service and become the service provider for digital marketing and operation on the platform. This will greatly enhance Leju’s core value and competitiveness."

About Leju

Leju Holdings Limited ("Leju") (NYSE: LEJU) is a leading e-commerce and online media platform for real estate and home furnishing industries in China, offering real estate e-commerce, online advertising and online listing services. Leju’s integrated online platform comprises various mobile applications along with local websites covering more than 380 cities, enhanced by complementary offline services to facilitate residential property transactions. In addition to the Company’s own websites, Leju operates the real estate and home furnishing websites of SINA Corporation, and maintains a strategic partnership with Tencent Holdings Limited. For more information about Leju, please visit http://ir.leju.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Leju’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement All information provided in this press release is as of the date of this press release, and Leju does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Ms. Christina Wu
Leju Holdings Limited
Phone: +86 (10) 5895-1062
E-mail: ir@leju.com

Philip Lisio
Foote Group
Phone: +86 135-0116-6560
E-mail: phil@thefootegroup.com

PaperCut adds Cloud Print to its BYOD print solution, Mobility Print

Simplifying print on Chromebooks and other BYOD devices

PORTLAND, Ore., July 31, 2020 — PaperCut has announced the addition of Cloud Print to its innovative Mobility Print solution. It is available for free in PaperCut Mobility Print™. PaperCut Mobility Print is already simplifying the printing process for bring your own devices (BYOD) and other end-user managed devices, such as smartphones, tablets, laptops, or Chromebooks.

With this breakthrough, Chromebook users can now print remotely and outside the network by sending print jobs over the internet. Mac and Windows support is coming soon.

PaperCut Mobility Print is the perfect replacement for Google Cloud Print
PaperCut Mobility Print is the perfect replacement for Google Cloud Print

The announcement is a major step forward for schools and businesses looking for a Google Cloud Print replacement, which Google has previously stated will stop working after December 31, 2020.

PaperCut Mobility Print’s Cloud Print functionality will help Google Cloud Print customers’ transition in an easy and timely way to a powerful and robust alternative.

Dave Farrell, Americas Regional Director, PaperCut, stated: "Not only is PaperCut’s Cloud Print free, but it provides businesses with a better way to print with flexibility and efficiency in an environment where hybrid home/office has become the new reality. Users can press print at home and pick the document up later at work or school, bringing a renewed simplicity to network printing. For any business anticipating the need to replace Google Cloud Print with a like-for-like printing solution, this is perfect timing." 

The addition of Cloud Print to Mobility Print has been achieved with security and convenience at the fore. With the new Cloud Print feature, printing is:

  • Secure: Print jobs and metadata are sent via an encrypted peer-to-peer connection, without requiring inbound internet access to your server.
  • Lightning-fast: Print jobs stay local when possible, and only sent via the internet when users are not connected to the local network.
  • Native: Just like local printing, hit CTRL+P or ‘Print’ right in the device’s interface to enable simple, functional printing from any application.

There are plenty of use cases where Mobility Print’s Cloud Print feature will help busy IT teams – not just when replacing Google Cloud Print. One of the major problems this release solves is enabling printing in untrusted guest networks. 

Available as a free standalone solution or as part of PaperCut MF’s complete print management solution, Mobility Print is already helping millions of people to print. 

"Mobility Print is used by over 10 million people from SMEs, to large enterprises, and schools big and small," Farrell added. "PaperCut will continue to introduce solutions that help customers reduce costs, enable a safer touch-free workspace, and realize a hassle-free print experience. Those adopting the new Cloud Print feature in Mobility Print can do so with the knowledge and comfort it has been tested by a brand you can trust."

Mobility Print is a fast, secure, scalable product and free alternative to Google Cloud Print that enables printing from any device, and now – with the addition of Cloud Print – anywhere.

https://www.papercut.com/products/free-software/mobility-print/

About PaperCut Software

Around the world, people continue to wrestle with printing costs and complexity – and PaperCut is solving both one workplace at a time. Since 1998, PaperCut has helped over 100 million users in 192 countries save over a billion pages of paper. Today, businesses of all shapes and sizes enjoy unbeatable control, security, and savings in their printing. Learn more at www.papercut.com.

iQIYI Original Interactive VR Film “Killing a Superstar” Shortlisted for Award at 77th Venice International Film Festival

Film offers an immersive audio-visual experience using cutting-edge 360°+8K HD VR technology

BEIJING, July 31, 2020 — iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that its original interactive virtual reality (VR) film Killing a Superstar (the "Film") has been shortlisted for an award in the Venice VR Expanded category at the prestigious Venice International Film Festival, the second time that the Company’s original VR content has been recognized in a major international film festival.

iQIYI Original Interactive VR Film “Killing a Superstar” Shortlisted for Award at 77th Venice International Film Festival
iQIYI Original Interactive VR Film “Killing a Superstar” Shortlisted for Award at 77th Venice International Film Festival

Killing a Superstar is a suspense film that tells the interwoven stories of various characters confined in a luxury villa where a sudden homicide took place. iQIYI’s VR team used 360°+8K HD VR technology to create the best-in-class original VR interactive content based on an original script. The film is the first to adopt multiple parallel narratives in immersive drama, using panoramic observation and multi-viewpoint switching. By giving the audience the freedom to switch between scenes at any time, Killing a Superstar invites users to explore the film’s storyline and narrative logic. Users can also identify clues and complete tasks while watching to create a unique and engaging experience. The VR film supports 8K HD format and Dolby Atmos, delivering an unprecedented premium immersive VR interactive audio-visual experience.

Killing a Superstar‘s recognition by the Venice International Film Festival is the latest example of how iQIYI’s original VR content is garnering international attention and acclaim. The nomination means that Killing a Superstar has not only been highly recognized by the industry worldwide, but also demonstrates once again that iQIYI remains at the forefront of the VR revolution.

"As a major immersive 8K HD VR project for iQIYI this year and the first film for its VR Interactive Theater, Killing a Superstar defies traditional movie-watching conventions as the understanding of its narrative logic is dictated by the audience rather than the director, giving viewers greater freedom for engagement," Zhang Hang, Vice President of iQIYI said. "The inclusion of Killing a Superstar in the Venice International Film Festival shows that iQIYI’s tech-driven innovative VR content has achieved another industry breakthrough globally. As an innovative expression form for the VR industry, the interactive VR content will help boost the growth potential of the VR industry by tapping into the value and popularity of IP productions."

As one of the first domestic technology and entertainment companies to tap into the VR market, iQIYI has steadily established a VR lineup covering dramas, films, variety shows and gaming. To date, iQIYI has launched a number of VR titles, ranging from dramas (Ghost Blows Out the Light: Mu Ye Gui Shi, Infernal Affairs VR series, City Strange Talk) and films (the Last One Standing VR, Attention VR), to interactive content derived from dramas and variety shows such as Idol Producer, the Rap of China and iPartment Season 5, cartoons (TUKTAKMAN VR) and games (Chinese Paladin 4 VR, The Knight of Shadows Between Yin and Yang VR). Many of these have won critical acclaim and recognition. For example, in 2018, The Last One Standing VR was also shortlisted for an award at the 75th Venice International Film Festival, becoming the first Chinese science fiction VR film to receive the honor.

Going forward, iQIYI’s VR business will continue to launch premium original interactive VR content, creating innovative audio-visual experiences powered by cutting-edge technology. The Company will also strive to explore new genres and applications for interactive VR, opening up new avenues for the burgeoning industry.

Killing a Superstar is released on July 31 to iQIYI users in China’s mainland on the iQIYI VR APP or the Qiyu all-in-one VR headset platform. The Film will premiere online at the Venice International Film Festival from September 2 – 12.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce.

Related Links :

http://www.iqiyi.com

KT Launches New Smart Building Management Service

– Korean Telecom Uses Cloud, IoT, Big Data for Smart Buildings –

– Cloud System Saves Costs, Enhances Data Management Security –

SEOUL, South Korea, July 31, 2020 — KT Corp. (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, plans to launch a suite of smart building services in cooperation with its subsidiary, KT Estate.

Employees at KT Estate’s smart integrated control center at Bundang, Gyeonggi Province, Korea, introduce KT’s smart building services.
Employees at KT Estate’s smart integrated control center at Bundang, Gyeonggi Province, Korea, introduce KT’s smart building services.

The new ICT-based integrated service consists of "Smart Building Sensing" and "Smart Building BEMS", the nation’s top telecom company said.

"KT’s smart building service ensures safe and convenient building management at low costs," said Moon Sunguk, head of KT’s Enterprise New Business Development Unit. "We will continue to expand our product lines with AI technology to provide an integrated building management solution."

"Smart Building Sensing" monitors boilers, water tanks, motors and other operational facilities, alerting the building manager in real time to breakdowns, glitches and other malfunctions. The company’s IoT control center assists through around-the-clock, remote monitoring.

"Smart Building BEMS" is a building energy management system jointly developed by KT and KT Estate, which specializes in property development and management. It is a real-time energy management and operational consulting service for building owners and constructors.

Those who apply for building permits are required to submit an energy-saving plan that entails a building energy management system (BEMS) that monitors and controls a building’s energy needs. Proof that the BEMS meets regulations must be shown before the building is used.

Currently, public buildings with a floor space of 10,000 square meters or more are required to set up a BEMS. The regulation is scheduled to be extended in 2025 to private buildings with a floor space of 1,000 square meters or more and public buildings with a floor space of 500 square meters or more.

Prospective building owners will also benefit from consulting service provided by KT Estate experts who systematically analyze, measure and evaluate major energy-consuming facilities to improve energy efficiency and conservation.

KT’s BEMS model, installed in cloud storage, costs less than the systems operating independently in conventional buildings. Building owners will also be able to slash their maintenance costs, with KT Estate’s smart integrated control center offering remote energy management service for five years.

The price for KT’s smart building service includes 200,000 won per unit of Smart Building Sensing and approximately 125 million won for second-grade Smart Building BEMS, including five-year operational cost. Further information about these services is available via email at smartbuilding@kt.com.

MEDIA CONTACTS

For inquiries, please contact our Global Media Relations Team at kt.gmrt@gmail.com

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

For more information, please visit our English website at https://corp.kt.com/eng/

Sogou Announces Formation of Independent Special Committee to Review Tencent’s Preliminary Non-Binding Proposal to Acquire Sogou

BEIJING, July 31, 2020 — Sogou Inc. (NYSE: SOGO) ("Sogou" or the "Company"), an innovator in search and a leader in China’s internet industry, announced that today its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting of Mr. Bin Gao, Ms. Jinmei He, and Ms. Janice Lee, each an independent director, to review and evaluate a previously-announced non-binding proposal (the "Proposal") included in a letter that the Board received on July 27, 2020 from Tencent Holdings Limited ("Tencent") for Tencent to acquire all of the outstanding ordinary shares, including ordinary shares represented American depositary shares ("ADSs"), of Sogou that are not already owned by Tencent or its affiliates for US$9.00 in cash per ordinary share or ADS (the "Proposed Transaction"). The Special Committee has retained Goulston & Storrs PC as its United States legal counsel in connection with its review and evaluation of the Proposal.

The Company cautions its shareholders and others considering trading the Company’s securities that that neither the Board nor the Special Committee has made any decision with respect to the Company’s response to the Proposal. There can be no assurance that Tencent will make any definitive offer to the Company, that any definitive agreement relating to the Proposal will be entered into between the Company and Tencent, or that the Proposed Transaction or any other similar transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.

Safe Harbor Statement

This announcement may contain forward-looking statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. The Company cautions you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. There can be no assurance that Tencent will make any definitive offer to the Company, that any definitive agreement relating to the Proposal will be entered into between the Company and Tencent, or that the Proposed Transaction or any other similar transaction will be approved or consummated.

About Sogou

Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China’s internet industry. With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China. Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC. Sogou is also at the forefront of AI development and has made significant breakthroughs in voice and image technologies, machine translation, and Q&A, which have been successfully integrated into our products and services.

Related Links :

http://www.sogou.com