BEIJING, Oct. 27, 2023 /PRNewswire/ — As a drink and a food, tea plays an important role in the life of the people of Jiangxi. With profound tea culture, Jiangxi Province is a famous tea-producing area in history. The superb, exquisite and unique tea-making skills reflect the craftsmanship of generations of tea makers. The long history of tea making has also nurtured the profound tea culture in Jiangxi.
Tag Archives: TLS
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. TO HOLD ANNUAL GENERAL MEETING ON NOVEMBER 28, 2023
BEIJING, Oct. 27, 2023 /PRNewswire/ — New Oriental Education & Technology Group Inc. (the “Company” or “New Oriental”) (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”) at No. 6 Hai Dian Zhong Street Haidian District, Beijing, People’s Republic of China on November 28, 2023 at 5:00 p.m., local time. Holders of record of common shares of the Company at the close of business on the October 30, 2023 (Hong Kong time) are entitled to notice of, to attend and vote at, the AGM or any adjournment or postponement thereof. Holders of the Company’s American depositary shares (“ADSs”) as of the close of business on October 30, 2023, New York time who wish to exercise their voting rights for the underlying common shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.
The board of directors of New Oriental fully supports the Amended M&AA (defined in the Notice of AGM) and recommends that shareholders and holders of ADSs vote in favor of the resolution set out in the Notice of AGM. The Notice of AGM and form of proxy for the AGM are available on the Company’s website at http://investor.neworiental.org.
You may obtain an electronic copy of the Company’s annual report, free of charge, from the Company’s website at http://investor.neworiental.org, the U.S. Securities and Exchange Commission’s website at www.sec.gov or from The Stock Exchange of Hong Kong Limited’s website at www.hkexnews.hk.
About New Oriental
New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental’s program, service and product offerings mainly consist of educational services and test preparation courses, private label products and livestreaming e-commerce and other services, and overseas study consulting services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental’s ADSs, each of which represents ten common shares, are listed and traded on the NYSE. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.
For more information about New Oriental, please visit http://www.neworiental.org/english.
Contacts
For investor and media inquiries, please contact:
Ms. Sisi Zhao
New Oriental Education & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn
Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com
Source: New Oriental Education and Technology Group Inc.
Montage Technology Leads in Trial Production of 3rd-Gen DDR5 RCDs
SHANGHAI, Oct. 27, 2023 /PRNewswire/ — Montage Technology, a leading data processing and interconnect IC company, today announced it has taken the lead in trial production of the 3rd-generation DDR5 Registering Clock Driver (RCD03) designed for use in DDR5 RDIMMs.
Montage Technology’s 3rd-Gen DDR5 Registering Clock Driver (RCD03)
With its blazingly fast 6400 MT/s data rate, the RCD03 sets a new bar for DDR5 memory performance in upcoming server platforms. It unlocks dramatic capacity, bandwidth, and latency improvements to meet the growing demands of data center, cloud, and AI applications.
The RCD03 marks a major advancement in Montage’s continued role as an innovator driving rapid DDR5 developments. This chip achieves a 14.3% speed increase over the 2nd-gen DDR5 RCD and a 33.3% increase over the 1st–-gen, making it one of the fastest DDR5 memory interface solutions available today.
Leveraging enhancements like a dual-channel architecture and lower power supplies (1.1V VDD and 1.0V VDDIO), the RCD03 significantly improves the latency while reducing the power consumption as compared to DDR4 RCDs. Another key benefit is its support for up to 256 GB DRAM per module, quadrupling the capacity of modules in DDR4 generation.
“We are proud to spearhead the production of DDR5 RCD03 and deliver cutting-edge RCD technology to the market. Montage will continue to work closely with major CPU and DRAM manufacturers to propel DDR5 technology towards widespread application,” said Stephen Tai, President at Montage Technology.
“Intel has been at the forefront of driving DDR5 memory technology and enabling a strong ecosystem, in support of reliable and scalable industry standards. We are pleased to see Montage make further progress with the latest-generation memory interface chips, which can be used with Intel’s future Performance-core and Efficient-core Xeon® CPUs, to push the boundaries of performance to new heights,” said Dr. Dimitrios Ziakas, VP of Memory & IO Technologies at Intel.
“Samsung has been committed to enabling advanced memory products to meet the rapidly growing demands for data-intensive applications. Our collaborative engineering work with Montage has contributed to ongoing DDR5 roadmap advancement. As Montage scales production on this 3rd-gen DDR5 solution, we hope to see expanded ecosystem availability,” said Yongcheol Bae, Executive Vice President of Memory Product Planning Team at Samsung Electronics.
In addition to its RCD portfolio, Montage provides a comprehensive lineup of DDR5 infrastructure solutions including SPD EEPROM with Hubs, Temperature Sensors, and Power Management ICs, which are essential in complete DDR5 module designs optimized for performance, reliability and power efficiency.
Availability
Montage’s 1st, 2nd and 3rd-gen DDR5 Registering Clock Drivers are available for sale. The part numbers are M88DR5RCD01, M88DR5RCD02 and M88DR5RCD03 respectively. For more details, please contact Montage’s sales team at globalsales@montage-tech.com or dial +86 21 54679038.
To learn more about Montage’s memory interface products, please click https://www.montage-tech.com/Memory_Interface.
Veritas Names Microsoft as First Veritas 360 Defense Partner to Achieve REDLab Validation for Security Solutions
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Solutions reduce time to safe recovery by rapidly discovering last known good data
SINGAPORE, Oct. 24, 2023 /PRNewswire/ — Veritas Technologies, the leader in secure multi-cloud data management, today announced that Microsoft has become the first Veritas 360 Defense partner to achieve Veritas REDLab Validation for its security solutions. After testing Microsoft Defender with real-world malware in its REDLab isolated test laboratory, Veritas has certified the solution for secure integration into the Veritas Alta cloud data management platform and NetBackup family of products. Together, Veritas and Microsoft can rapidly identify the last known good copy of data following a ransomware attack to ensure a clean recovery to get organizations fully operational fast.
Veritas 360 Defense unveiled by Veritas today, offers organizations a blueprint on how to safeguard their data estate against the continually growing spectre of ransomware. Veritas 360 Defense brings together solutions from the Veritas portfolio, including Veritas Alta, the industry’s most complete secure multi-cloud data management platform, and those from leading security and cloud infrastructure vendors, such as Microsoft, to deliver a turnkey solution for secure cloud-native cyber resiliency. Customers will soon be able to access a library of reference designs, validated by the Veritas REDLab, to guide them on best practices for secure implementation of jointly deployed solutions.
Lawrence Wong, senior vice president of product management and chief strategy officer at Veritas, said: “When customers buy from Veritas and Microsoft, our solutions are not just sold together, they really work together. That is the value of our REDLab validation. Partners, like Microsoft, are able to add layers of security to our cyber resiliency solutions that ensure Veritas customers get a better experience from a comprehensive approach to protecting their businesses.”
Integration between Veritas Alta Data Protection and Microsoft Defender enables customers to scan backup data on inert, immutable, optimized storage to identify the last known good data copy. In doing so, the solution protects organizations from restoring any backup data corrupted by malware, preventing reinfection, and allowing them to bounce back faster.
Eric Burkholder, senior program manager, Microsoft Sentinel, said: “The evolving threat landscape means that enterprises constantly face new and challenging cybersecurity problems. The Microsoft portfolio of security solutions can be integrated with third-party offerings, such as the Veritas Alta cloud data management platform, to ensure that customers can rapidly achieve their security and protection goals and stay one step ahead of bad actors.”
Veritas REDLab Validation marks the latest step in a lasting strategic relationship between Veritas and Microsoft. Deep and established integration between the companies’ products and go-to-market strategies enables them to help customers build their zero trust security models and be cyber resilient. Together, they help to protect against downtime, data loss and regulatory penalties, and to provide the reassurance of recovery at scale, in the cloud and across their data estates.
Previous collaboration highlights between Veritas and Microsoft include:
- Veritas delivered a simple UI-based integration with Microsoft Sentinel, ensuring all user audit trails, data anomalies and malware detected in the backup infrastructure are shared with the Security Operations (SecOps) team.
- Veritas Alta Data protection is integrated with Microsoft Azure, which was also the launch partner for Veritas Alta Recovery Vault, Veritas’ cloud cyber-secure recovery data isolation vault with virtual air-gap controls that ensure a backup copy is always indelible, immutable and available for recovery.
- Veritas Alta SaaS Protection was one of the first data protection solutions, hosted on Microsoft Azure, to be SOC2 and IRAP certified. Veritas Alta SaaS Protection was also one of the first data protection solutions to offer a private tenant architecture for SaaS protection based on Microsoft Azure, ensuring dedicated resources to eliminate conflicts and ensure data sovereignty.
- Veritas Alta Data Compliance is deployed exclusively on Microsoft Azure around the world. This tight integration allows Veritas to extend its datacenter footprint to accommodate needs for data sovereignty in different regions of the world, in as little as three weeks.
Gabriel Muñoz, information technology director at Alestra, said: “Evaluating security and cyber resiliency solutions from multiple vendors in different proof-of-concept evaluations is time consuming and frustrating. Knowing that we can select products from Veritas and Microsoft that have been pre-tested and validated will free us from that burden and allow us to cut to the chase, so we’re protected faster from emerging cyber-resiliency threats.”
Veritas is also a member of the Microsoft Intelligent Security Association (MISA), which is an ecosystem of independent software vendors and managed security service providers that have integrated their solutions to better defend against a world of increasing cyber threats. Currently, Veritas Alta and NetBackup are validated as part of MISA.
About Veritas
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on X at @veritastechllc.
Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners.
A Safer Tomorrow: AESOP Technology’s Battle Against Look-Alike, Sound-Alike Medication Errors
SAN FRANCISCO, Oct. 24, 2023 /PRNewswire/ — Medication errors are a critical problem in healthcare, and Look-Alike, Sound-Alike (LASA) medication errors pose a particularly daunting challenge. Studies show that LASA errors account for approximately one in four medication errors, making them a significant threat to patients. AESOP Technology is thus pleased to announce remarkable results from its recent clinical research, demonstrating its exceptional effectiveness in preventing LASA errors.
“Accurately identifying LASA errors can be challenging due to their complex origins. Surprisingly, only about 15% of intercepted wrong drug errors during our study could be clearly categorized as LASA errors, in the sense that the medications had similar names that contributed to the mix-up. The LASA errors also did not follow predictable patterns, with only 9 out of 71 cases repeating. These findings underscore the limitations of conventional human-defined rule systems, even when augmented with reinforcement learning. RxPrime (formerly MedGuard) not only detects errors that were not previously identified but also highlights the essential need for AI with advanced medical knowledge, demonstrating a breakthrough in patient safety in healthcare,” said Jim Long, CEO of AESOP Technology, explaining the intricacies of detecting medication errors, specifically LASA errors.
AESOP also leverages its proprietary AI technology to overcome the limitations of traditional clinical decision support systems and address the issue of alert fatigue.
“AESOP has taken additional steps to improve problem list documentation to reduce alert fatigue from LASA error detection. Many alerts contributing to physician fatigue result from poor problem list documentation within electronic health record systems. Thus, AESOP intervened at the source by helping physicians complete clinical diagnoses and documentation more effectively while prescribing,” Long added.
More than half of all medication errors occur during the prescription phase, making it a critical focus for improving patient safety. AESOP’s innovative approach offers a beacon of hope. Applying advanced AI technology to this complex problem has yielded impressive results and holds great promise for the healthcare industry. As we address patient safety challenges, AESOP Technology’s contributions stand as a testament to the potential of innovative solutions in ensuring the well-being of patients worldwide.
About AESOP Technology
AESOP Technology harnesses advanced artificial intelligence to develop its exclusive clinical deep reasoning network technology. This technology, driven by sophisticated medical knowledge and data association analysis, is designed to improve clinical decision-making and the medical coding process, primarily focusing on improving patient safety and quality.
SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM
- Companies sign LOI for joint development of a large language model specifically for telecommunication companies.
- Telco-specific LLM will be built through collaboration with AI companies and unveiled in the first quarter of 2024.
- Collaboration between the two companies is expected to strengthen their leadership in AI and lead to a thriving global AI ecosystem.
SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ — SK Telecom (NYSE:SKM, “SKT”) and Deutsche Telekom today announced that they signed a Letter of Intent (LOI) to jointly develop a telco-specific LLM that enables global telecommunication companies (telcos) to develop generative AI models easily and quickly.
SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM
The LOI signing ceremony took place at SK Seorin Building located in Seoul with the attendance of key executives from both companies including Ryu Young-sang, CEO of SKT, Chung Suk-geun, Chief AI Global Officer of SKT, Tim Höttges, CEO of Deutsche Telekom, Claudia Nemat, Board Member Technology and Innovation of Deutsche Telekome, and Jonathan Abrahamson, Chief Product and Digital Officer of Deutsche Telekom.
This marks the first fruition of discussions held by the Global Telco AI Alliance, which was launched by SKT, Deutsche Telekom, E&, and Singtel, in July 2023, and lays the foundation to enter the global market.
SKT and Deutsche Telekom plan to collaborate with AI companies such as Anthropic (Claude 2) and Meta (Llama2) to co-develop a multilingual – i.e, German, English, Korean, etc. – large language model (LLM) tailored to the needs of telcos. They plan to unveil the first version of the telco-specific LLM in the first quarter of 2024.
The telco-specific LLM will have a higher understanding of telecommunication service-related areas and customer’s intentions than general LLMs, making it suitable for customer services like AI contact center.
The goal is to support telcos across the world, including Europe, Asia, and the Middle East, to develop generative AI services such as AI agents flexibly according to their respective environment.
This will enable telcos to save both time and cost for developing large platforms, and secure new business opportunities and growth engines through AI innovation that shifts the paradigm in the traditional telecommunications industry.
To this end, SKT and Deutsche Telekom plan to jointly develop AI platform technologies that telcos can use to create generative AI services to reduce both development time and cost.
For instance, when a telco tries to build an AI contact center based on generative AI, it itself will be able to build one that suits their environment more quickly and flexibly. In addition, AI can be applied to other areas such as network monitoring and on-site operations to increase efficiency, resulting in cost savings in the mid- to long-term.
Through this collaboration, the two companies will proactively respond to the recent surge in AI demand from telcos, while also promoting the expansion of the global AI ecosystem through the successful introduction of generative AI optimized for specific industries or domains.
“AI shows impressive potential to significantly enhance human problem-solving capabilities. To maximize its use especially in customer service, we need to adapt existing large language models and train them with our unique data. This will elevate our generative AI tools,” says Claudia Nemat, Member of the Board of Management for Technology and Innovation at Deutsche Telekom.
“Through our partnership with Deutsche Telekom, we have secured a strong opportunity and momentum to gain global AI leadership and drive new growth,” said Ryu Young-sang, CEO of SKT. “By combining the strengths and capabilities of the two companies in AI technology, platform and infrastructure, we expect to empower enterprises in many different industries to deliver new and higher value to their customers.”
About SK Telecom
SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company. It is focusing on driving innovations in areas of telecommunications, media, AI, metaverse, cloud and connected intelligence to deliver greater value for both individuals and enterprises.
For more information, please visit our LinkedIn page www.linkedin.com/company/sk-telecom.
SmallRig Introduces SmallRig x Brandon Li Mobile Video Kit
SHENZHEN, China, Oct. 20, 2023 /PRNewswire/ — To get the most out of mobile phones, SmallRig has created a quick-release accessory ecosystem that helps you master your mobile filmmaking.
Mobile Video Kit for iPhone 15 Pro Max Co-Design Edition was co-designed with Brandon Li, a world-renowned filmmaker known for his minimalist travel cinematography style. This new Mobile Video Kit opens up new possibilities for mobile video creativity proving that “Mastery is Within Reach”.
The precisely built aluminum alloy cage supports MagSafe wireless charging and has multiple Expansion Interfaces – ten 1/4″-20 threaded holes, two cold shoe mounts – offering flexibility to easily customize phones by attaching accessories.
The compact, durable one-piece design provides easy setup. The “One-Click” locking system ensures the phone is secured, and the silicone pads provide maximum protection. The hollowed design allows full access to phone’s buttons.
SmallRig’s new Quick Release Ecosystem allows tool-free installation, making attachment/removal of the convertible side-to-top handles even faster! Three locating holes on the body of the cage provide extra versatility to reconfigure the kit ensuring maximum stability and smooth movements.
The included magnetic Variable Neutral Density filter allows wider apertures and slower shutter speeds, even in bright sunlight, for superior cinematic results.
In addition to the three lenses on the iPhone 15 Max Pro, the cage lets users attach M-Mount lenses (17mm/37mm threaded lenses and T-series lenses with optional backplates) and magnetic filters (VND, CPL, Star Cross, and ¼ Black Mist) onto their iPhone.
Brandon Li Co-design Edition cage is a work of art! The specialized technique produces a delicate color combination reminiscent of a green oasis in the desert.
The kit includes the signed cage, two signed side handles (convertible to top handles), a wireless remote controller (up to 10m/32.8 ft range), and a 52mm magnetic VND (1 ~ 5 stops) filter. The cage is available separately.
Price & Availability
– SmallRig x Brandon Li Mobile Video Kit for iPhone 15 Pro Max Co-Design Edition ID: 4407( RRP Price:USD $139.9)
-SmallRig x Brandon Li Mobile Video Cage for iPhone 15 Pro Max Co-Design Edition ID 4473( RRP Price:USD $54.90)
SmallRig x Brandon Li Mobile Video Kit for iPhone 15 Pro Max Co-Design Edition is ideal for videographers and content creators who want to maximize their video production quality. For more details, visit www.smallrig.com.
SmallRig Introduces SmallRig x Brandon Li Mobile Video Kit for iPhone 15 Pro Max Co-Design Edition
Embrace the Future of Cloud and Network Towards Digitalisation
– eSurfing Cloud Global Tour · Asia Pacific Event in Singapore
HONG KONG, Oct. 20, 2023 /PRNewswire/ — China Telecom (Asia Pacific) is thrilled to announce the resounding success of the event titled “Embrace the Future of Cloud and Network Towards Digitalisation” at the Pan Pacific Singapore. The event witnessed the participation of more than 200 business professionals, with attendees joining us both in person and virtually, marking the commencement of eSurfing Cloud’s global promotional journey. This Singapore conference marked the inception of eSurfing Cloud’s global promotional expedition, building on the success of its inaugural conference in Hong Kong on June 16, 2023.
China Telecom Global Executive Vice President, Mr Li Kang, and President of Chinese Enterprise Association (Singapore), Mr Tan Zhi Yong, were honoured as guest speakers during the event’s opening session. Mr Li Kang extended his appreciation to the Chinese Enterprise Association (Singapore), valued clients, and industry partners for their trust and continuous support over the years. Mr Li emphasised, “eSurfing Cloud has officially expanded into the Asia-Pacific region, marking a significant step by China Telecom in its deep commitment to the Asia-Pacific region and its efforts to drive digital transformation in the Asia-Pacific.”
Invited guest, President of Chinese Enterprise Association (Singapore), Mr Tan Zhi Yong mentioned, “China Telecom Asia Pacific has firmly established its presence in Singapore, and it has made significant contributions to Singapore’s digital economic development, social progress, and improvements in people’s lives. This fully showcases the positive role played by Chinese enterprises based in Singapore. We hope that everyone will work together to advance Singapore’s technological innovation to new heights, continually enhancing Singapore’s development capabilities”.
During the knowledge-sharing sessions, Managing Director of China Telecom Asia Pacific, Mr. Eason Cheng, Vice President and Deputy General Manager of Cloud Core Platform of China Telecom Global, also shared on eSurfing Cloud’s development history and core advantages. He outlined the overseas resource deployment and product system of eSurfing Cloud. He placed special emphasis on China Telecom’s unique advantages in infrastructure and security, and its commitment to providing excellent services to help businesses achieve digital transformation. Mr. Li Qing, Managing Director of China Telecom (Asia Pacific), shed light on eSurfing Cloud’s strategy in the Asia Pacific. He also presented solutions for various industry businesses to transition to the cloud, based on industry research data. Through case studies, he emphasised eSurfing Cloud’s unique advantages in assisting Chinese enterprises in their global expansion efforts and foreign enterprises in entering the Chinese market.
A formal MOU signing ceremony was conducted, bringing together China Telecom Global and Feishu, China Telecom Asia Pacific and China Life Insurance (Singapore), China Aviation Oil (Singapore), and Industrial and Commercial Bank of China (Singapore). Distinguished guests also delivered insightful presentations on the event about win-win partnership and digital transformation.
The conference also included the eSurfing Cloud Asia-Pacific Launch Ceremony, which was attended by Mr. Li Kang, Executive Vice President of China Telecom Global, Mr. Li Qing, Managing Director of China Telecom (Asia Pacific), Mr. Tan Zhi Yong, President of China Enterprises Association (Singapore), CEO of MCC Singapore, Mr. He Bin, Vice President of Feishu, Mr. Howard Chen, Managing Director of Yonyou (Singapore) Pte Ltd, Mr. Lin Yi, CEO of China Aviation Oil (Singapore) Corporation Ltd, Mr. Lin Xiang Yang, Chief Executive of China Life Insurance (Singapore) Pte. Ltd, and Mr. Yang Yu, Managing Director of Industrial and Commercial Bank of China Limited Singapore Branch. Amid the countdown, they collectively witnessed the new journey of the eSurfing Cloud Global Tour’s Asia Pacific stop. Embracing the future of cloud and network towards digitalisation, let’s eagerly anticipate eSurfing Cloud setting sail in Singapore and venturing into the global arena!
Furthermore, the conference set up different exhibition areas on-site, utilizing various formats such as videos and interactive cloud showrooms to showcase China Telecom Global’s global resources and IDC business, eSurfing Cloud’s overseas cloud-network infrastructure layout, and industry case studies. Expert presentations and Q&A sessions were arranged to facilitate face-to-face interactions and discussions with participants, exploring the future of cloud computing, seeking opportunities for cooperation and win-win partnerships, and expanding globally.
China Telecom actively practices the concept of integrated cloud and network, and strives to build technological cloud, intelligent cloud, and secure cloud solutions. With a steadfast commitment to technological innovation, China Telecom Global’s eSurfing Cloud has undergone a comprehensive upgrade to eSurfing Cloud 4.0, a distributed cloud platform. Adhering to the four-in-one security concept of cloud foundation security, network security, data security, and information security, eSurfing Cloud effectively meets the security requirements of international customers. By providing output and integration capabilities of “one cloud, multiple cores” and “one cloud, multiple forms,” along with comprehensive fusion management, eSurfing Cloud is fully dedicated to promoting enterprise information construction and injecting new momentum into the global digital transformation of businesses.
Embrace the Future of Cloud and Network Towards Digitalisation. China Telecom Global will continue to uphold its vision of empowering the digital transformation of various industries. It will leverage the advantages of integrated cloud and network, deepen global cooperation, and jointly create a global cloud ecosystem. Together with global enterprises, China Telecom eSurfing Cloud will embrace the digital wave and embark on a transformative path of rapid development.
Zepp Health Sponsors Cal Hacks 10.0, the World’s Largest Collegiate Hackathon, for the Second Consecutive Year
– Winners with the best apps will receive Zepp’s Amazfit smartwatches and cash award
MILPITAS, Calif., Oct. 19, 2023 /PRNewswire/ — Zepp Health Corporation, a global leader in smart wearables and health technology, is excited to announce its sponsorship of Cal Hacks, the world’s largest collegiate hackathon, for the second consecutive year in a row.
Cal Hacks, now in its 10th edition, aims to empower individuals with technology to create innovative solutions that better the world. Every year, it attracts over 2500+ hackers from around the world.
“We’re delighted to return as sponsors of the Cal Hacks event, having been truly impressed by the remarkable talent showcased at last year’s event. Zepp Health had the privilege of working alongside some exceptionally gifted tech enthusiasts, creating innovative solutions that left a lasting impression. We firmly believe that these students, with their unwavering passion and dedication, represent the future thinkers that Zepp Health needs to fulfill our mission: empowering individuals to take control of their well-being through intelligent healthcare tools and creating a world where healthcare brings empowerment, inspiration, and joy to all,” shared Wayne Huang, Founder & CEO of Zepp Health.
Zepp Health will sponsor US$15,000 (USD Fifteen Thousand Dollars) and will offer a $1,000 cash prize along with Zepp OS-enabled flagship Amazfit smartwatches to winners in the Apps categories. The winning criteria will be based on the most innovative apps developed using Zepp OS APIs.
In addition to the generous prizes, Zepp Health has gathered a panel of esteemed judges who have graciously volunteered their time to support this initiative. Notably, among the external judges is Jay Ryan Freeman, a renowned software engineer known for creating the Cydia software application and related software for jailbroken iOS – a modified version of Apple’s iOS.
“Cal Hacks has built a reputation for attracting talented and engaged students from around the world who are eager to build innovative solutions to challenging problems,” said Nick Jiang, Cal Hacks Director, representing Cal Hacks. “We are grateful to work with brands like Zepp Health, who share our passion for the developer community, innovation, and inclusivity.”
Although applications have closed, Cal Hacks is looking for mentors and judges to support hackers throughout the weekend. Individuals with a passion for innovation are encouraged to apply! Cal Hacks will take place from October 27 to 29, 2023, at The Metreon in San Francisco. For more information, visit https://www.calhacks.io/
About Zepp Health
Zepp Health (NYSE: ZEPP) is a global smart wearable and health technology leader, empowering users to live their healthiest lives by optimizing their health, fitness, and wellness journeys through its leading consumer brands, Amazfit, Zepp Clarity, and Zepp Aura. Powered by its proprietary Zepp Digital Management Platform, which includes the Zepp OS, AI chips, biometric sensors, and data algorithms, Zepp delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. To date, Zepp has shipped over 200 million units, and its products are available in 90+ countries. Founded in 2013 as Huami Corp., the company became Zepp Health Corporation in February 2021. Zepp has 1,300+ team members and offices across North America, EMEA, and APAC regions. For more information, visit www.zepphealth.com.
About Cal Hacks
Calhacks is the world’s largest collegiate hackathon based in San Francisco Bay Area. Annually drawing 2500+ hackers from around the world, Cal Hacks is dedicated to fostering a culture of hacking and empowering the next generation of innovators to drive positive change in the world. Visit calhacks.io for more information.
New Veritas Research Reveals Nearly Half of Organizations Underestimate Their Level of Risk
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Top risks include data security, economic uncertainty and emerging technologies such as AI
SINGAPORE, Oct. 18, 2023 /PRNewswire/ — Veritas Technologies, the leader in secure multi-cloud data management, today released findings of new research that shows 45% of organizations may be miscalculating the severity of threats to their business. The study, Data Risk Management: The State of the Market—Cyber to Compliance, which polled 1,600 executives and IT practitioners across 13 global markets, provides insights into the most pressing risks, their impacts and how organizations plan to navigate them.
Despite risk factors like interest rates and inflation pressing hard on organizations, ransomware and multi-cloud complexity are also growing concerns for businesses of all kinds. However, when survey respondents were initially asked whether their organizations were currently at risk, almost half (48%) said no. But after being presented with a list of individual risk factors, respondents of all levels recognized the challenges facing their organizations, with 97% then identifying a risk to their organizations.
Notably, 15% of those surveyed did not believe their organizations could survive another 12 months given the risks they currently face. There was a disconnect, however, between the C-suite and those working in the trenches of protecting their organizations’ data, which could point to a communications issue: 23% of senior executives predicted the demise of their organizations in the next year, compared to just 6% of analysts and technicians.
Matt Waxman, senior vice president and general manager for data protection at Veritas, said: “The first step in addressing a problem is recognizing it’s there. When the risks are laid out in black and white, it’s hard to ignore the reality of today’s complex business operating environment. The risks are everywhere and require constant vigilance. While an overwhelming majority of respondents ultimately acknowledged the presence of risks and most said they’re taking steps to address them, the data suggests it may not be enough.”
Clear and present danger
Given the macro landscape and daily news headlines, the survey responses are a clear reflection of the times. Participants identified data security (46%), economic uncertainty (38%) and emerging technologies, such as artificial intelligence (AI), (36%) as the top threats faced by their organizations today from among an extensive list of possible hazards. Traditional threats like competition and a shortage of talent took fourth and fifth place. Geopolitical instability fell even further down the list to seventh place.
AI is proving to be a double-edged sword for organizations. There have been numerous reports over recent months of bad actors adopting AI solutions to create more sophisticated and compelling ransomware attacks on organizations. It has additionally been recognized as a risk factor for businesses who fail to put proper guardrails in place to stop employees from breaching data privacy regulations through the inappropriate use of generative AI tools. Conversely, AI is also tipped to be one of the best solutions for businesses to fight back against hackers since its capabilities can be harnessed to automate the detection of, and response to, malicious activities.
Additionally, 87% of those surveyed admitted they had experienced a negative impact from risks, including reputational and financial harm. When asked which risks had resulted in actual damage to their organizations, data security was again highest, with 40% of respondents attesting to related damages. Economic uncertainty was the second most common risk to have affected organizations, with 36% having been hurt. Damages from competition came in third at 35% and emerging technologies, such as AI, at 33%.
The effects of data security breaches were underscored by the number of organizations who had been hit by ransomware attacks. A sizable majority (65%) said that over the past two years their organizations had been the victims of at least one successful ransomware attack in which hackers were able to infiltrate their systems. Twenty-six percent of those who experienced a successful attack said they did not report it. Breaches that caused a failure to comply with regulatory requirements cost respondents’ organizations, on average, more than US$336,000 in regulatory compliance fines during the last year.
Caught in the crosshairs
For many respondents, the level of risk is rising. More (54%) were likely to say risks to data security have increased rather than decreased (21%) over the last 12 months. Yet they may not fully appreciate their own vulnerabilities. This perception gap emerges in light of how organizations representing specific sectors assessed their risk versus how their responses were scored via a risk rating scale.
Researchers assigned each respondent a “risk ranking” score based on their answers and what these revealed about their adherence to security best practices. While the public sector ranked as the most at-risk group, just 48% of those respondents rated themselves as being at risk. Similarly, only 52% of respondents from the energy, oil/gas and utilities sector viewed themselves at risk.
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|
2 |
Energy, oil/gas and utilities |
2 |
France |
|
3 |
Media, leisure and entertainment |
3 |
China |
|
4 |
Construction and property |
4 |
Singapore |
|
5 |
Manufacturing and production |
5 |
Japan |
|
6 |
IT, technology and telecom |
6 |
US |
|
7 |
Business and professional services |
7 |
Australia |
|
8 |
Financial services |
8 |
Nordics |
|
9 |
Healthcare |
9 |
DACH |
|
10 |
Biopharma |
10 |
India |
Shoring up their defenses, but are they doing enough?
For organizations aiming to mitigate data security risks, many have increased their data protection budgets as much 30% over the last 12 months. The average data protection and security team size also grew by 21-22 staff members. Eighty-nine percent said staffing levels are now at an adequate level for keeping their organizations secure.
Along with staffing additions, organizations are exploring other ways to fortify their defenses. Despite ranking AI and emerging technologies as a top risk, 68% are looking at AI and machine learning to boost security. Given AI’s dual nature as a force for both good and bad, the question going forward will be whether their organizations’ AI protection can evolve ahead of hackers’ AI attacks.
The research also appears to expose another chink in the armor with more than a third (38%) reporting that they have no data recovery plan in place or have only a partial plan. That presents cause for concern considering nearly half (48%) experienced data loss at least once in the past two years.
Waxman continued: “The caution is for organizations to avoid approaching their data security strategy with a false sense of confidence. The recent spate of high-profile data breaches has proven no organization is immune. If data is like gold dust, guard your treasure. Be prepared with a comprehensive cyber resiliency plan for protecting and recovering your data from edge to core to cloud. Rehearse the plan regularly and recalibrate as needed. Being forewarned is forearmed and by strengthening your data security posture, you can successfully navigate the risks.”
For more survey findings, download the report: Data Risk Management: The State of the Market—Cyber to Compliance.
Research methodology
Veritas commissioned Vanson Bourne to survey 1,600 respondents in August and September 2023 across Australia, Brazil, China, the DACH region, France, India, Japan, the Nordics, Singapore, South Korea, the United Arab Emirates, the United Kingdom and the United States. Respondents held executive or practitioner level positions in organizations of at least 1,000 employees from any sector.
About Veritas
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on X at @veritastechllc.
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