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PayRetailers , a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera . The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank in Transfeera’s home country of Brazil (BCB), the companies announced in a Thursday (Dec. 19) news release provided to PYMNTS. “The transaction is part of PayRetailers’ strategy to expand its presence in Brazil, following the acquisition of a payment institution license from the BCB in April,” the release said. “The acquisition will enable PayRetailers to gain direct access to Pix, a popular payment system in Brazil which lets users instantly transfer money in Brazilian real, strengthening its regulatory and risk management structure in Brazil and expanding its opportunities in open banking.” Transfeera, founded in 2017, offers platform and technology solutions for payment processing and bank data validation, and brings with it more than 500 new clients, helping PayRetailers with its goal of increasing its services to Brazilian companies next year, per the release. “This acquisition provides us with access to a wide range of payment methods across Latin America and Africa through a single API in over 20 countries and 250 payment methods,” Transfeera co-founder and CEO Fernando Nunes said in the release. “This positions us even more strongly to enhance our competitive advantages in the market. Together, we aim to accelerate our journey of technological innovation, offering innovative, secure and efficient solutions to meet market demands.” PYMNTS examined Brazil’s digital payments scene this week through the lens of its Pix instant payment system, used by 77% of the country’s residents. The use of Pix is expanding. For example, cross-border payment platform dLocal became a certified payment service provider in Brazil last month and can now facilitate Pix payments directly within the open finance ecosystem, without redirecting users to bank apps. The certification allows dLocal to deliver streamlined checkout by doing away with unnecessary steps when Pix payments are used, which can improve merchant conversion rates. Also last month, Peru’s B89 joined forces with PagBrasil , which develops cross-border solutions for the Pix payment system.
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iClick Interactive Asia Group Limited Reports 2024 Half-Year Unaudited Financial ResultsAny day now Nintendo... It’s getting to the point where Nintendo should probably just come forth and announce the Switch successor on their terms, while it still can. Because, for the second time this week , another credible source has revealed alleged information about the company’s next piece of hardware. This time, the leak contains some important details about the handheld-console hybrid, including the name of the device and a potential new feature coming to the original Switch’s best feature. A Reddit user with the username NextHandheld took to the social media platform claiming to have seen and held a final version of the Switch successor and its dock. This anonymous user had their claims verified by tech site The Verge , which reported it “heard and seen enough to think they might be legit.” Among the most interesting claims made by the source in a lengthy Q&A Reddit thread is the console’s name — simply “Nintendo Switch 2.” It’s a safe bet considering how mega successful the Switch has been for the company. For anyone holding out hope Nintendo would lean into nostalgia with a name like “Super Nintendo Switch,” there is no doubt disappointment. The Switch successor (allegedly pictured here) will be called “Switch 2” according to reputable sources corroborated by The Verge . In addition to the name, the user said the console’s version of Joy-Cons features Hall-effect analog sticks. Hall-effect sticks, which use magnets and electrical conductors for stick inputs rather than physical and easily ruined physical connections, will be a huge step up from the notoriously faulty sticks of old. The buttons on the new Joy-Cons are also reportedly clicky and slightly bigger than the original (something previous leakers have also claimed). Despite its super-size, the Switch 2 is supposedly lighter than the original. The most intriguing tease made by the user was about the new dock. There’s a chance it will do more than charge the device and beam the handheld’s image onto a bigger screen this time around. The dock can reportedly draw up to 60 watts of power, 15 more than the console itself. The difference suggests it could be capable of dishing out additional power for the handheld to use while docked. The source confirmed that the dock had an HDMI port capable of outputting games in 4K (as well as two USB-A and one USB-C ports, and an ethernet port). But when asked about evidence of the dock’s ability to do more, they stopped suspiciously short of denying additional capabilities. “The dock has a fan?” one user asked, to which they replied, “this is the right question.” The Switch 2 Joy-Cons feature Hall-effect sticks, making stick drift a thing of the past. In the case where the Switch 2 does get some form of boost from being docked, it would be a smart addition that could further future-proof the device. Aside from the limitless library of PC as a platform, most gamers who pick up a Steam Deck or ROG Ally over Nintendo’s more popular alternative is due to power. Gaming PC handhelds are simply capable of playing more stuff because of their more modern innards. While the tech inside the Switch is nearly a decade old, newer ASUS’s handheld are capable of playing brand-new, graphically intense releases. The Reddit thread that we’re crediting each of these claims to is a fascinating and comprehensive one. It’s definitely worth a scan for those who can’t wait to see what might be next for Nintendo. While Nintendo has only stated that it wouldn’t have anything to say before the end of Q4, this leaker says a reveal will likely be scheduled for sometime in January. All of the news comes right on the heels of the Nintendo Switch passing a gargantuan milestone right at the tail end of its lifecycle. On Wednesday, game industry analyst Mat Piscatella revealed that the Switch has surpassed the PlayStation 2 in lifetime sales. The Nintendo Switch has official usurped the PlayStation 2 as the bestselling console of all time, according to industry analyst Mat Piscatella. “Switch now ranks 2nd in all-time units sold across all video game hardware platforms in the U.S., trailing only Nintendo DS,” Piscatella wrote on BlueSky. While Nintendo has yet to provide a figure, Sony’s PS2 has old 160 million units worldwide as of 2024. At last count, the Switch had sold 154 million units, suggesting the late year holiday rush helped push the eight-year-old console across the finish line. Video Games Technology Nintendo
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index. The Dow Jones Industrial Average fell 0.3%, its first loss after five gains. The Dow and S&P 500 remain near the all-time highs they set on Tuesday. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%. Losses for tech heavyweights like Nvidia, Microsoft and Broadcom were the drag on the market. Semiconductor giant Nvidia fell 1.2%. Its huge value gives it outsized influence on market indexes. Microsoft fell 1.2% and Broadcom finished 3.1% lower. Several personal computer makers also helped pull the market lower following their latest earnings reports. HP sank 11.4% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slid 12.2% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped temper the market's losses. Berkshire Hathaway rose 0.9% and Merck & Co. added 1.5%. All told, the S&P 500 fell 22.89 points to 5,998.74, while the Dow dropped 138.25 points to 44,722.06. The Nasdaq fell 115.10 points to 19,060.48. Traders also had their eye on new reports on the economy and inflation Wednesday. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update followed a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.1% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 18.3% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.The ‘Harris Fight Fund’ fundraising emails reveal a campaign without shameNEW YORK (AP) — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The index had been up as much as 1.1% in the morning. The Dow Jones Industrial Average rose 15 points, or less than 0.1%, following Wednesday’s drop of 1,123 points, while the Nasdaq composite slipped 0.1%. This week’s struggles have taken some of the enthusiasm out of the market, which critics had been warning was overly buoyant and would need everything to go correctly for it to justify its high prices. But indexes remain near their records , and the S&P 500 is still on track for one of its best years of the millennium with a gain of 23%. Traders are now expecting the Federal Reserve to deliver just one or maybe two cuts to interest rates next year, according to data from CME Group. Some are even betting on none. A month ago, the majority saw at least two cuts in 2025 as a safe bet. Wall Street loves lower interest rates because they give the economy a boost and goose prices for investments, but they can also provide fuel for inflation. Micron Technology was one of the heaviest weights on the S&P 500 Thursday. It fell 16.2% despite reporting stronger profit for the latest quarter than expected. The computer memory company’s revenue fell short of Wall Street’s forecasts, and CEO Sanjay Mehrotra said it expects demand from consumers to remain weaker in the near term. It gave a forecast for revenue in the current quarter that fell well short of what analysts were thinking. Lamb Weston, which makes French fries and other potato products, dropped 20.1% after falling short of analysts’ expectations for profit and revenue in the latest quarter. It also cut its financial targets for the fiscal year, saying demand for frozen potatoes is continuing to soften, particularly outside North America. The company replaced its chief executive. Such losses helped overshadow a 14.7% jump for Darden Restaurants, the company behind Olive Garden and other chains. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’. Accenture rose 7.1% after the professional services company likewise topped expectations for profit in the latest quarter. CEO Julie Sweet said it saw growth around the world, and the company raised its forecast for revenue this fiscal year. Amazon shares added 1.3%, even as workers at seven of its facilities went on strike Thursday in the middle of the online retail giant’s busiest time of the year. Amazon says it doesn’t expect an impact on its operations during what the workers’ union calls the largest strike against the company in U.S. history. In the bond market, yields were mixed a day after shooting higher on expectations that the Fed would deliver fewer cuts to rates in 2025. Reports on the U.S. economy came in mixed. One showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The economy has remained remarkably resilient even though the Fed held its main interest rate at a two-decade high for a while before beginning to cut them in September. A separate report showed fewer U.S. workers applied for unemployment benefits last week, an indication that the job market also remains solid. But a third report said manufacturing in the mid-Atlantic region is unexpectedly contracting again despite economists’ expectations for growth. The yield on the 10-year Treasury rose to 4.57% from 4.52% late Wednesday and from less than 4.20% earlier this month. But the two-year yield, which more closely tracks expectations for action by the Fed in the near term, eased back to 4.31% from 4.35%. The rise in longer-term yields has put pressure on the housing market by keeping mortgage rates higher. Homebuilder Lennar fell 5.2% after reporting weaker profit and revenue for the latest quarter than analysts expected. CEO Stuart Miller said that “the housing market that appeared to be improving as the Fed cut short-term interest rates, proved to be far more challenging as mortgage rates rose” through the quarter. “Even while demand remained strong, and the chronic supply shortage continued to drive the market, our results were driven by affordability limitations from higher interest rates,” he said. A report on Thursday may have offered some encouragement for the housing industry. It showed a pickup in sales of previously occupied homes. All told, the S&P 500 slipped 5.08 points to 5,867.08. The Dow Jones Industrial Average added 15.37 to 42,342.24, and the Nasdaq composite lost 19.92 to 19,372.77. In stock markets abroad, London’s FTSE 100 fell 1.1% after the Bank of England paused its cuts to rates and kept its main interest rate unchanged on Thursday. The move comes as inflation there moved further above the central bank’s 2% target rate, while the British economy is flatlining at best. The Bank of Japan also kept its benchmark interest rate unchanged, and Tokyo’s Nikkei 225 fell 0.7%. Indexes likewise sank across much of the rest of Asia and Europe. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
-- First Half Revenue of $85.7 million , increase 1.5% year-over-year -- -- First Half GMV of $107.3 million , down 7.0% year-over-year -- SHANGHAI , Dec. 19, 2024 /PRNewswire/ -- Jowell Global Ltd. ("Jowell" or the "Company") (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China , today announced its unaudited financial results for the six months ended June 30, 2024 . First Half 2024 Financial and Operational Highlights [1] "Total VIP members" refers to the total number of members registered on Jowell's platform as of June 30, 2024 and June 30, 2023. [2] "LHH stores" refers to the brand name of "Love Home Store". Authorized retailers may operate as independent stores or store-in-shop (an integrated store), selling products they purchased through Jowell's online platform LHH Mall under their retailer accounts, which provides them with major discounts. First Half 2024 Financial Results Total Revenues Total revenues for the first half 2024 were $85.7 million , representing an increase of 1.5% from $84.4 million in the same period of 2023. Our weighted average unit price was $5.16 per unit for the first half of 2024, which represented an increase of 4.2% as compared to $4.95 per unit for the same period of 2023. Our health and nutritional supplements revenue for the first half of 2024 increased by about $11.1 million , or 182.1%, as compared to the same period of 2023. The increase in health and nutritional supplements revenue was mainly due to the increase in sales of premium brand health and nutritional supplements. We have stepped up our promotions on these items during the Chinese New Year holidays in the first half of 2024 in an attempt to offer more promotional discounts in response to the overall market downturn. First Half Ended June 30 % 2024 2023 change Revenues (in thousands, except for percentages) US$ US$ YoY* Product sales • Cosmetic products 19,768.5 29,495.5 (33.0 %) • Health and nutritional supplements 17,190.7 6,094.2 182.1 % • Household products 48,438.7 48,473.1 (0.1 %) • Others 286.4 343.4 (16.6 %) Total 85,684.3 84,406.2 1.5 % * YOY—year over year Total cost and operating expenses were $89.6 million in the first half of 2024, a decrease of 1.5% from $91.0 million in the same period of 2023. Operating Loss Operating loss was $4.0 million for the first half of 2024, compared with the operating loss of $6.6 million in the same period of 2023. The decrease in operating loss for the first half of 2024 was mainly due the decrease of marketing expenses, as well as reduction of operating expenses as discussed above. Net Loss Net loss was $3.8 million , a decrease of 47.1% compared with net loss of $7.1 million in the same period of 2023, which was mainly due the factors mentioned above. Loss per Share The Company computes earnings (loss) per share ("EPS") in accordance with ASC 260, "Earnings per Share" ("ASC 260"). Each of the Company's Preferred Share has voting rights equal to two Ordinary Shares of the Company and each Preferred Share is convertible into one Ordinary Share at any time. Except for voting rights and conversion rights, the Ordinary Shares and the Preferred Shares rank pari passu with one another and have the same rights, preferences, privileges and restrictions. For the first half ended June 30, 2024 and 2023, respectively, the Company had no potential ordinary shares outstanding that could potentially dilute EPS in the future. Cash and Cash Equivalents For the first half of 2024, the Company reported a net loss of $3.8 million , a negative operating cash flow of $41,012 and an accumulated deficit of approximately $29.8 million . The Company's principal sources of liquidity are sales revenues, proceeds from a private placement and a registered direct offering. As of June 30, 2024 , the Company had cash and restricted cash of approximately $0.8 million , held by the variable interest entity (VIE) Shanghai Juhao Information Technology Co., Ltd. ("Shanghai Juhao") with banks and financial institutions inside China as the Company conducts its operations primarily through the consolidated VIE in China ; the Company's working capital as of June 30, 2024 was $13.4 million . Due to the uncertainty of the current market environment, management believes it is necessary to enhance the collection of its outstanding accounts receivable and other receivables, and to be cautious in terms of its operational decisions and project selections. As of October 31, 2024 , approximately $1.8 million , or 62%, of its accounts receivable balance as of June 30, 2024 were collected, and approximately $9.9 million , or 93%, of its advances to supplier balance as of June 30, 2024 were utilized. In addition, the Company's Form F-3 registration was declared effective on August 31, 2022 , and the Company may also seek equity financing from outside investors if necessary. Based on the latest business plan of the Company, Shanghai Juhao has reduced its promotion efforts and marketing expenditures since the second half of 2023, which reduced the cash used in operating activities. Management believes that the above-mentioned factors, including cash on hand of approximately $0.8 million , will provide sufficient liquidity for the Company to meet its future liquidity and capital requirements for at least the next twelve months. About Jowell Global Ltd . Jowell Global Ltd. (the "Company") is one of the leading cosmetics, health and nutritional supplements and household products e-commerce platforms in China . We offer our own brand products to customers and also sell and distribute health and nutritional supplements, cosmetic products and certain household products from other companies on our platform. In addition, we allow third parties to open their own stores on our platform for a service fee based upon sale revenues generated from their online stores and we provide them with our unique and valuable information about market needs, enabling them to better manage their sales effort, as well as an effective platform to promote their brands. The Company also sells its products through authorized retail stores all across China , which operate under the brand names of " Love Home Store " or "LHH Store" and "Best Choice Store". For more information, please visit http://ir.1juhao.com/ . Exchange Rate The Company's financial information is presented in U.S. dollars ("USD"). The functional currency of the Company is the Chinese Yuan, Renminbi ("RMB"), the currency of the PRC. Any transactions which are denominated in currencies other than RMB are translated into RMB at the exchange rate quoted by the People's Bank of China prevailing at the dates of the transactions, and exchange gains and losses are included in the statements of operations as foreign currency transaction gain or loss. The consolidated financial statements of the Company have been translated into U.S. dollars in accordance with ASC 830, "Foreign Currency Matters". This press release contains translations of certain RMB amounts into U.S. dollars ("USD" or "$") at specified rates solely for the convenience of the reader. The exchange rates in effect as of June 30, 2024 and December 31, 2023 were RMB1 for $0.1403 and $0.1412 , respectively. The average exchange rates for the six months ended June 30, 2024 and 2023 were RMB1 for $0.1407 and $0.1444 , respectively. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. 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, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For investor and media inquiries, please contact: Jowell Global Ltd. Ms. Jessie Zhao Email: IR@1juhao.com Jowell Global Ltd. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, December 31, 2024 2023 (Unaudited) ASSETS Current Assets: Cash $ 805,344 $ 1,250,281 Accounts receivable, net 2,344,481 2,401,056 Accounts receivable - related parties - 47,040 Advance to suppliers 10,050,688 3,506,432 Advance to suppliers - related parties 12,493,792 9,874,545 Inventories 4,508,515 8,198,402 Prepaid expenses and other current assets 1,075,591 1,384,758 Total current assets 31,278,411 26,662,514 Long-term investment 3,709,340 3,888,377 Property and equipment, net 845,579 681,942 Intangible assets, net 532,810 634,655 Right of use lease assets, net 1,506,729 2,019,300 Other non-current asset 638,723 895,775 Deferred tax assets 512,175 515,364 Total Assets $ 39,023,767 $ 35,297,927 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term loan $ 210,473 $ 423,567 Accounts payable 2,791,515 3,765,230 Accounts payable - related parties 280,530 194,818 Deferred revenue 11,691,812 2,309,957 Deferred revenue - related parties 40,000 47,059 Current portion of operating lease liabilities 1,475,947 942,989 Accrued expenses and other liabilities 975,072 782,048 Due to related parties 414,585 528,472 Taxes payable 1,487 58,233 Total current liabilities 17,881,421 9,052,373 Non-current portion of operating lease liabilities - 1,032,235 Total liabilities 17,881,421 10,084,608 Commitments and contingencies Equity Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,170,475 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 3,473 3,473 Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 75 75 Additional paid-in capital 52,687,182 52,687,182 Statutory reserves 394,541 394,541 Accumulated deficit (29,768,863) (26,039,567) Accumulated other comprehensive loss (2,153,720) (1,843,970) Total Jowell Glob
Delivering Optimized, Outbound-Focused Contact Center Solutions for Modern Businesses LAUDERDALE LAKES, Fla. , Dec. 27, 2024 /PRNewswire/ -- outboundIQ www.outboundiq.com proudly announces its accreditation as a Five9 Certified Implementation Partner (CIP), a distinction that reflects its deep expertise in optimizing and streamlining outbound-focused contact center operations. With a team of seasoned Five9 veterans, expert programmers, and industry thought leaders, outboundIQ is uniquely equipped to help businesses of all sizes unlock the full potential of Five9's Virtual Contact Center platform. Optimized Solutions for Complex Contact Center Needs outboundIQ specializes in providing expedited, outbound-focused contact center implementations, integrating advanced features such as inbound and outbound Voice, SMS, Chat, Email, Salesforce Integration, and other third-party app integrations. Clients can also leverage ongoing optimization engagements and monthly retainers for strategic consulting designed to support long-term, outreach-focused success. "Who better to handle your domain configuration than the experts that understand the outbound contact center world. To be an outbound expert, you must know 3 things; how to configure the domain front end, how the architecture interprets that design, and how carriers respond to your dialing behavior as a result of the build. outboundIQ has the advantage of deeply understanding all 3 things. Our experts are seasoned professionals that will guide toward the best build for your business. You tell us about your business, your needs and your processes, and we will build you a domain fit for purpose. outboundIQ offers best in class Domain Optimization, Implementation and Consulting for customers of all sizes and complexity. Due to our methodology and proprietary automations, we are able to bring our customers' projects to life within accelerated timeframes." - Jessica Clay , VP Support and Services "We launched our business in June and were fortunate to connect with the incredible team at outboundIQ early on. Navigating the world of outbound calling and building efficient prospecting systems isn't easy, but the entire team at outboundIQ brought our vision to life seamlessly. They implemented our ideas quickly and executed them flawlessly. Since partnering with them, our contact rates have significantly improved, our conversions have increased, and our overall business is thriving. We're deeply grateful for this collaboration and look forward to continuing our work together on future endeavors!" - Tim, Lit Financial "I genuinely don't know enough ways to thank the entire outboundIQ team. I inherited a domain riddled with mistakes, tangled beyond belief, and I had essentially planned to scrap the whole thing and start over. That's when this team, led by Jessica Clay's brilliance, took over to understand exactly what I wanted to create and completely revitalized my domain. We are all beyond thankful as they continue to consult for us to this day and I see no reason to stop. Thank you, Jessica, Jason, Rudy, Bruno, Sandy and everyone who gets the pleasure of working with these domain geniuses!" - Michael, Lifetime Home Remodeling A Holistic Approach to Outbound Excellence Creating a competitive, consumer-focused outreach program requires more than just advanced technology. As outboundIQ explains, a thriving contact center functions like a high-performing racing team: outboundIQ's professional services team brings these critical elements together, ensuring clients achieve best-in-class outbound operations that prioritize consumer experience while maintaining a competitive edge. A Call to Collaboration With its new CIP certification, outboundIQ invites businesses to explore select partnership opportunities and projects to reimagine their contact center operations. Whether through expedited implementations or ongoing strategic consulting, outboundIQ is committed to driving measurable results for its clients. About outboundIQ outboundIQ delivers optimized, outbound-focused contact center implementations, combining years of Five9 expertise with cutting-edge strategies to help businesses achieve exceptional outreach outcomes. As a Five9 Certified Implementation Partner, outboundIQ provides tailored solutions to meet the unique needs of modern organizations. About Five9 Five9 is a digital enterprise's leading cloud contact center and software provider. The Five9 Intelligent CX Platform is reliable, secure, compliant, and scalable, designed to create exceptional personalized customer experiences. www.five9.com Media contact: Sandy Tafur Phone: 404-660-5314 mail: sandy@outboundiq.com View original content to download multimedia: https://www.prnewswire.com/news-releases/outboundiq-achieves-certified-implementation-partner-cip-status-with-five9-302339797.html SOURCE outboundIQJowell Global Ltd. Announces First Half 2024 Unaudited Financial ResultsAsia Dominated Global IPO Landscape in 2024
In wake of officer's death, West Yellowstone police offer aid for those grieving
British Columbia’s top Mountie says rolling out body-worn cameras for officers in the province will address calls to “enhance public trust,” but a sociologist who studies technology’s effect on policing says evidence of it reducing use-of-force incidents is “inconsistent.” Deputy Commissioner Dwayne McDonald, commanding officer of the RCMP’s E Division in B.C., said Thursday that the initiative to have front-line officers in B.C. wear the cameras is the “largest and most ambitious rollout of body cameras across the province.” “The introduction of the cameras is now the national standard for the RCMP and addresses calls I’ve personally heard from local, regional, Indigenous and provincial leaders to address the overall need to enhance public trust (and) confidence in policing,” McDonald said. He said the introduction of the cameras and the evidence-management system to handle the digital data they collect “is expected to provide transparency to strengthen accountability and to enhance officer and public safety.” Insp. Ted Lewko, the officer in charge of the RCMP detachment in Mission, B.C., said Thursday that he’s grateful that Mounties in his community will be among the first to wear body cameras to record police interactions with the public. Lewko said 44 cameras will be used by his officers starting next week, and he’s “very hopeful” that they will improve officer safety, strengthen trust with the public and help resolve complaints more quickly. Police said during a news conference in Surrey that thousands of Mounties across B.C. will soon be fitted with the devices. About 300 cameras will be issued to officers in Mission first, then to other communities, including Tofino and Ucluelet on Vancouver Island, and Cranbrook, Kamloops and Prince George. The national deployment of body cameras is expected to be completed by the end of next year, and follows other law enforcement agencies in B.C. that have started employing body cameras, including in Vancouver and Delta. Chris Schneider, a sociology professor at Brandon University in Manitoba, studies how technology “contributes to changes in policing and police work.” Schneider said the evidence around whether body cameras reduce instances of use of force and police complaints is “inconsistent,” but research shows that “people feel safer with cameras.” “When you look at the actual evidence about reductions in crime and harm, they don’t coincide with people’s feelings,” he said. Schneider said police, government officials and the public have, in recent years, “shifted to discussions around accountability and transparency.” However, he said those two terms are usually measured in the social scientific or scientific research literature. “Meaning that there’s no way for us to actually know whether or not body worn cameras contribute to transparency and accountability,” he said. The $240 million supplied by the federal government for the program, and $50 million a year pledged to support the RCMP’s body cameras, could go to investments in “social infrastructure” including affordable housing, addiction rehabilitation institutions, job training, education and health care, he said. “The research literature is crystal clear that these things ... lead to concrete reductions in crime and reductions in harm and make communities better, happier and safer,” he said. Schneider said there are more effective, but more complex, ways of enhancing police accountability and transparency, such as strict policies around discipline for officer misconduct, as well as requiring officers to hold professional liability insurance. Officers found liable for misconduct would see their premiums rise, and too many occurrences would make carrying such insurance too expensive, he said. “The idea being that they could no longer afford to be police officers. All the bad apples go away. We’re only left with good cops. Problem solved,” he said. This report by The Canadian Press was first published Nov. 21, 2024.Luke Williams feels Swansea ‘lost grip’ on game despite sealing victory at Derby
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ALBANY, N.Y. — New York state government agencies will have to conduct reviews and publish reports that detail how they’re using artificial intelligence software under a new law signed by Gov. Kathy Hochul. Hochul, a Democrat, signed the bill last week after it was passed by state lawmakers this year. The law requires state agencies to perform assessments of any software that uses algorithms, computational models or AI techniques and then submit those reviews to the governor and top legislative leaders along with posting them online. It also bars the use of AI in certain situations, such as an automated decision on whether someone receives unemployment benefits or child care assistance, unless the system is being consistently monitored by a human. State workers would also be shielded from having their hours or job duties limited because of AI under the law. State Sen. Kristen Gonzalez, a Democrat who sponsored the bill, called the law an important step in setting up some guardrails in how the emerging technology is used in state government.FMC Corporation announces date for fourth quarter 2024 earnings release and webcast conference callCCSC Technology International Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2025 Ended September 30, 2024
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The New York Giants have not gotten many things right in recent years, especially in 2024. Another decision made by the team's "brain" trust has seemingly backfired. Pass rusher Azeez Ojulari, who was not traded before this year's deadline despite the team's losing record and the fact Ojulari is a pending free agent, has been placed on injured reserve with a toe injury. "The #Giants are placing pass-rusher Azeez Ojulari on Injured Reserve because of his toe injury, source said," NFL Network's Ian Rapoport tweeted . "No surgery is required and not major, but the injury will take a few weeks to heal. The team will exercise caution, as Ojulari remains in a boot while the ailment heals." Given the going rate for pass rushers leading up the deadline, it's unlikely the Giants would have gotten more than a Day 3 pick for Ojulari, their 2021 second-round selection. Still, it would have been better to recoup something for the former Georgia star--and wide receiver Darius Slayton for that matter--rather than letting them walk in the offseason for free. Kevin Sabitus/Getty Images Compared to letting Saquon Barkley and Xavier McKinney go and the ill-fated Daniel Jones contract, holding onto Ojulari for too long is not nearly as painful a decision. However, it still speaks to the franchise's inability to get out of its own way and make the correct decision for the team's future. Ojulari is unlikely to be re-singed, so get something for him while you can. After appearing in all 17 games with 13 starts as a rookie in 2021, Ojulari has been hampered by injuries the last three seasons. He still displays impressive pass rushing chops though, racking up six sacks in 11 games this year and playing particularly well when Kayvon Thibodeaux was out of action with a wrist injury. In October, Ojulari posted 14 tackles and five sacks in a three-game span against Pittsburgh, Philadelphia and Cincinnati. For his career, he has 22 sacks in 46 games. At 2-9 on the season, the Giants will take on the Dallas Cowboys at AT&T Stadium on Thanksgiving afternoon. Related: The Giants Have Claimed A New Tight End Heading Into Thanksgiving Day