Day: June 14, 2023

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Anaqua to Host Annual User Experience Conference with Keynotes from BASF, Copyright Clearance Center, and IBM

Global innovators to meet, collaborate, and discuss the future of IP

BOSTON, June 14, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announces the keynote speakers and session line-up for its 2023 Anaqua Experience Conference (AEC). The AEC brings together IP and business leaders from across the globe to discuss key industry issues and the future of IP. Attendees will hear from industry experts as they share trends, insights, and best practices; engage in networking events to promote industry collaboration; and participate in training sessions to help further enhance their IP management.

“We are honored to serve the most innovative companies and law firms across the globe with our leading end-to-end, corporate, and law firm-focused IP management solutions,” said Bob Romeo, CEO of Anaqua. “Our client conference provides an opportunity for the IP community to engage with each other and with the Anaqua team as we partner to succeed in the constantly changing IP environment.”

The conference’s keynote speakers include:

  • Dr. Markus Braun, Head of IP Operations, BASF
  • Tracey Armstrong, President and CEO, Copyright Clearance Center
  • William R. LaFontaine, General Manager, IP, Vice President, Research Business Development, IBM Corporation

“One of the best things about The Anaqua Experience Conference is how interactive it is,” said Aileen Buchanan, Vice President, Client Success of Anaqua. “After years of virtual conferences, we are looking forward to gathering with our client community in one place to facilitate discussions on industry issues and challenges, exchanging views and insights, while strengthening our long-term partnership with clients. This ongoing, invaluable collaboration with our clients is part of what we call ‘The Anaqua Experience.’”

Anaqua will also host several sessions by leading international IP practitioners, including:

  • Christof Wolpert, VP Global Legal Innovation, adidas
  • Michelle Sympson, Manager, Global IP Administration, ASM
  • Halim Shehadeh, CEO, CWB Legal
  • Maxwell Adams, Patent Systems Operations Manager, Dolby
  • Benjamin Brown, Chief IP Counsel, Onto Innovation
  • Linda Kasulke, IP Paralegal, Rockwell Automation
  • Satoshi Ikeda, Senior Manager, IP, Sony
  • Michelle L. Saitz, IP Practice Support Services Supervisor, Thompson Coburn
  • Allyson L. Campbell, IP System Administrator, Thompson Coburn
  • Matthew Luby, Group Director, IP Analytics, TTI
  • And more.

The 2023 AEC will be held at the MGM National Harbor Hotel in Oxon Hill, Maryland, USA from June 26-29. Registration remains open until June 26. To register for the event and learn more about the session line-up, visit anaqua.com/AEC.

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Glagolev
Director, Communications
Anaqua
617-375-5808
aglagolev@anaqua.com

GlobeNewswire Distribution ID 8857830

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New Study into Online Gambling Finds Link between Health Conditions and Excessive Screen Time

Comprehensive survey highlights the impact of excessive screen time on well-being.

Online Gambling and Health

Infographic showing Key Findings from Online Gambling and Health Survey

LONDON, June 14, 2023 (GLOBE NEWSWIRE) — Leading iGaming brand, Minimum Deposit Casinos (MDC), has carried out a month-long comprehensive study analysing health concerns linked to online gambling and excessive screen/device use. The objective of the study is in line with raising awareness and helping strengthen interventions to promote and encourage responsible online gambling practices. One of main findings was that 41% of online gamblers surveyed experienced anxiety or depression.

The focus of the May 2023 research – emanating from too much screen use – related to health conditions such as stress, anxiety, headaches, depression, neck and back pain, sleep disorders and insomnia. Hundreds of online gamblers were surveyed across four countries – Canada, New Zealand, United Kingdom, and the United States. Minimum Deposit Casinos found life-changing insights into the connection between online gambling habits and these health concerns. This will be used to create more sustainable approaches for improving and helping online users limit screen time for their overall well-being in future.

 

 

 

Key Findings

Key findings from the study revealed significant trends across all four countries. It was observed that a substantial proportion of gamblers experienced stress or anxiety, with mobile devices being the preferred platform for online gambling. It also outlined the prevalence of headaches and migraines among gamblers, which indicates a link between the frequency of online gambling and the occurrence of these conditions.

The study further revealed the widespread presence of depression, sleep disorders, and insomnia among gamblers in all four nations. These health concerns were more prevalent among those who spent a large portion of their screen time on gambling activities.

The complete report outlining the methodology and results can be found here: https://www.minimumdepositcasinos.org/2023/05/29/observing-the-online-gambling-habits-and-health-concerns-in-the-uk-ca-nz-us/

About Minimum Deposit Casinos

Minimumdepositcasinos.org brings you accurate and up-to-date information about the best online casinos worldwide. Created by a team of online casino experts, Minimum Deposit Casinos aims to provide valuable insights and promote responsible online practices for users worldwide.

An infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b75228ca-ff61-4588-b8a1-78379463ad89

For media inquiries, please contact:

Email: info@minimumdepositcasinos.org

Twitter: @MinDeposCasino

GlobeNewswire Distribution ID 1000825186

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Asia and Middle East sovereign wealth funds drive AUM growth — Preqin reports

Global sovereign wealth funds double AUM in the last decade

LONDON, June 14, 2023 (GLOBE NEWSWIRE) — Today Preqin, the global leader empowering the alternatives community with essential data and insight, published its Sovereign Wealth Funds 2023 report. The report provides data and analysis on key trends in the sovereign wealth funds landscape*, as these investors look towards making enhanced allocations to alternative assets, as well as narrowing the gap between actual and target allocations.

The report demonstrates that alternative assets will continue to have a place in the portfolios of sovereign wealth funds if they provide diversification benefits and good risk-adjusted returns. With their abundant financial resources and increasingly sophisticated investment teams, sovereign wealth funds have the kind of capital that can give them access to top-performing funds.

Preqin’s Sovereign Wealth Funds Report 2023 key facts:

  • Assets under Management (AUM): In the last decade, global sovereign wealth funds have doubled their AUM total to $10.4tn by the end of Q1 2023.
  • Asia: Asia’s sovereign wealth funds led the increase in AUM, standing at $4.3tn by the end of Q1 2023. Notably, China Investment Corporation’s total AUM of $1.35tn surpassed Norway’s Government Pension Fund Global (GPFG) AUM of $1.2tn to become the largest sovereign wealth fund in the world.
  • Middle East: The Middle East is home to some of the largest sovereign wealth funds which hold the second most in AUM of all regions globally, behind Asia. At $3.7tn, they account for 36% of the global sovereign wealth fund AUM.
  • Allocations: Allocations of sovereign wealth funds to alternative assets as percentages of total allocations increased between 2021 and March 2023 in all asset classes, except for infrastructure. The biggest increase in the current median allocation was in real estate, from 6.5% in 2021 to 8.6%, by the end of Q1 2023.
  • ESG: Sovereign wealth funds are influential in promoting environmental, social and governance (ESG) goals. Sovereign wealth funds with an ESG policy represent 59% of total sovereign wealth fund AUM, up 5 percentage points from 54% in 2021.

Middle Eastern sovereign wealth funds show increased appetite for alternatives

As the sheer amount of fresh capital managed by Middle East-based sovereign wealth funds far exceeds the needs and capacity of their domestic capital markets, their appetite for alternative assets has risen. Preqin analysis of Middle East-based sovereign wealth fund data shows that the average allocations to alternatives have doubled year-over-year at the end of 2022, rising from 22% of total assets at the end of 2021 to 44%. While some of this is driven by the very high allocation levels of some of smaller sovereign wealth funds in the region, this trend reflects their ongoing pursuit of non-traditional assets to boost returns. Percentage allocations are also likely to be boosted by falls in the valuations of public equities and bonds in 2022, according to the latest data. The increase shows the flexibility that these Middle Eastern sovereign wealth funds have when making investment decisions, as they often have fewer short and medium-term liabilities than other types of institutional investors.

Growth in private debt

The Preqin report also found that global limited partners (LPs), including sovereign wealth funds, have developed a larger appetite for private debt in search of a steady income stream. Initially, one of the attractions of private debt was that it paid higher rates than public fixed income interest rates. However, as rates have increased, private debt has continued to attract investors. This is in part because the prevalent floating rate structures provide protection against rate rises.

According to Preqin, direct lending remains the most popular strategy, accounting for 46% of all 112 private debt fund commitments by sovereign wealth funds. As of the end of Q1 2023, the median current allocation to private debt is 2.5%, almost reaching the median target allocation of 2.6%.

Harsha Narayan, Managing Editor and lead author of the report at Preqin, says: “Sovereign wealth funds have continued to build sophisticated in-house teams and are increasingly able to act more like a fund manager when deploying capital. They leverage talent, technology, and partnerships, with fund managers and investors to invest in various alternative asset classes, and they are growing more competent to conduct direct or co-investment deals.”

If you would like more information or would like to speak with the report author, contact Mimi Celeste Taylor at mimiceleste.taylor@preqin.com

To sign up to receive Preqin First Close, our newsletter, click here

Notes to the editors

It is important to note that sovereign wealth funds (SWFs) are created with different objectives. Some are set up primarily for diversification and only invest globally outside of their home countries, whereas others invest domestically with the objective of boosting homegrown markets. Some SWFs, such as Norway’s GPFG, invest heavily in public markets and are relatively more conservative toward unlisted assets, while others take on more risk and pursue direct investments in more niche sectors. These factors affect how SWFs deploy capital.

* This report is based on insights and analysis of 95 sovereign wealth funds as defined and tracked by Preqin

About Preqin

Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private data for 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. For more information visit www.preqin.com.

GlobeNewswire Distribution ID 1000825108

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TOP RANKED ROSEN LAW FIRM Encourages Futu Holdings Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FUTU

NEW YORK, June 13, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Futu Holdings Limited (NASDAQ: FUTU) between April 27, 2020 and May 16, 2023, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2023 in the securities class action commenced by the Firm.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/submit-form/?case_id=16261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Futu’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead falsely characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/submit-form/?case_id=16261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8857729

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FedEx and Floship Form Commercial Partnership to Deliver What’s Next in E-Commerce

Investment from FedEx Innovation Lab and innovative collaboration strengthens FedEx end-to-end digital fulfillment and returns solution

HONG KONG, June 13, 2023 (GLOBE NEWSWIRE) — FedEx Corp. (NYSE: FDX) and Floship, a leading global circular supply chains solutions provider for e-commerce brands, today announced a partnership designed to provide enhanced fulfillment and logistics services to e-tailers worldwide.

Through investment by the FedEx Innovation Lab (FIL), the partnership will create an end-to-end digitalized fulfillment and return solution, enhancing operational efficiency through optimal inventory management and best-in-class delivery using FedEx services.

This partnership will give FedEx’s e-commerce customers access to Floship’s global network of warehouses and powerful logistics platform’s capabilities to streamline their e-commerce fulfillment operations. At the same time, Floship’s customers will be able to leverage FedEx global networks as well as a full range of FedEx extensive transportation options to optimize their operations.

Additionally, FedEx’s and Floship’s cross-border e-commerce customers in Asia-Pacific, Middle East and Africa, Europe, and North America will gain access to enhanced fulfillment, last-mile delivery, as well as hassle-free returns.

“Partnerships like this will help us accelerate how we reimagine the future of logistics,” said Salil Chari, senior vice president, Marketing and Customer Experience for Asia Pacific, Middle East, and Africa (AMEA) region, FedEx Express. “E-commerce sales continue to grow worldwide1. With the growing shift to online purchasing, consumers are looking for seamless service – from delivery times and easy returns to personalized experiences2. At the same time, e-tailers are seeking to improve service levels while optimizing their operations and lowering their cost-to-serve. Collaborating with industry innovators like Floship will help online retailers better compete supported by the FedEx global logistics network.”

Speaking on the partnership, Joshua Tsui, Floship’s CEO shared, “Floship is tremendously thrilled to be working alongside FedEx to redefine the global e-commerce fulfillment landscape. As more consumers around the world embrace e-commerce, businesses must come together to provide customers with innovative solutions that redefine the traditional linear supply chain. By bringing this collaboration to market, our mutual goal is to provide e-commerce brands and retailers with a one-stop, all-inclusive two-way supply chain solution that enables brands to grow at an exponential rate whilst simultaneously delivering a superior customer experience.”

The FedEx Innovation Lab (FIL) makes early-stage investments in rising start-ups primarily in India. These collaborations will bring additional value in terms of capabilities and speed to market to start-up firms through FedEx’s global networks, resources, and customer base. The collaborations will also help expand FedEx advanced digital capabilities globally as it continues to evolve its operations and product offerings to meet the needs of the modern supply chain. This is the second investment by FIL.

About FedEx Corp.

FedEx Corp.  (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $93 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally as one FedEx. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 530,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about, or follow us on LinkedIn, and Facebook.

FedEx Express press releases are available on the World Wide Web at https://newsroom.fedex.com/newsroom/amea

Learn more about the latest insights in the logistics industry, please visit:
FedEx Business Insights

About Floship
Floship’s global circular supply chain ecosystem solutions cover all aspects of the global supply chain, ensuring minimal operation effort for e-commerce businesses, and allowing business owners to concentrate on driving growth with investment flexibility while gaining peace of mind.

Learn more at www.floship.com or follow us on LinkedIn.

For more information about Floship, please contact:

James Linacre, PR & Communications Lead

Phone: (+852) 5333 9420

Email: pr@floship.com

1 https://www.oberlo.com/statistics/global-ecommerce-sales-growth
2 https://internetretailing.net/five-ways-that-customer-expectations-are-changing-what-the-research-says-22738/

GlobeNewswire Distribution ID 8857480

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ROSEN, NATIONAL TRIAL LAWYERS, Encourages Spirit AeroSystems Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPR

NEW YORK, June 13, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) between April 8, 2020 and April 13, 2023, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Spirit AeroSystems securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Spirit AeroSystems class action, go to https://rosenlegal.com/submit-form/?case_id=15844 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit’s financial results; and (5) as a result of the foregoing, defendants’ positive statements about Spirit’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Spirit AeroSystems class action, go to https://rosenlegal.com/submit-form/?case_id=15844 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8857642