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Reorg Announces CreditAI

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Unlock the Power of Reorg’s Proprietary Intel and Analysis With Cutting-Edge Generative AI

NEW YORK, Oct. 10, 2023 /PRNewswire/ — Reorg, the leading global provider of credit data, analytics and intelligence, announced its latest innovation, CreditAI, an industry-first artificial intelligence model set to redefine how subscribers interact with the platform. 

CreditAI by Reorg™
Subscribers will be able to experience the full power of generative AI to transform how they access and distill vital credit information.

Benefits of CreditAI: 

Replace laborious keyword searches with plain language queries to access Reorg’s intelligence articles covering 11,000-plus companies dating back to 2018. Unravel opaque and complicated situations effortlessly, extract key facts and uncover smarter actionable insights. Maximize efficiency with real-time data refreshes, automatic recall of search history and direct access to sources.

Currently in advanced user-testing, CreditAI will be released exclusively for Reorg subscribers in November.

Sreekanth Mallikarjun, Reorg’s chief scientist and head of AI innovation, said, "CreditAI boasts a user-friendly interface and enables seamless interactive natural language search. We have harnessed state-of-the-art technologies, including industry-leading vector and memory databases in conjunction with LLMs fortified with our proprietary architecture and guardrails." 

Kent Collier, Reorg’s founder and CEO, said, "CreditAI is 100% consistent with our vision to transform the way the global markets can access and use complex information. It is our latest innovation that will enable subscribers to discover, extract and analyze the information that matters to them. CreditAI is the only generative AI of its kind in the credit industry, simplifying and optimizing workflows for our users."

About Reorg

Founded in 2013, Reorg combines powerful technology along with financial analysis, legal analysis and reporting to provide a granular view of hard-to-find credit information. Together with document, compliance and data management we offer a holistic solution set for global credit market participants. Reorg has experienced rapid growth over the last decade and today serves more than 30,000 professionals across the world’s leading hedge funds, asset managers, investment banks, law firms, professional services and advisors. To learn more, visit Reorg.com.

 

Source : Reorg Announces CreditAI

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Only 25% of business executives anticipate workforce reduction as primary impact of generative AI, says MIT Technology Review Insights' new research report

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CAMBRIDGE, Mass., Oct. 10, 2023 /PRNewswire/ — Produced by MIT Technology Review Insights in partnership with Adobe, EY, and Owkin, "Generative AI deployment: Strategies for smooth scaling" explores global leaders’ key decision points for putting AI to use in the enterprise.

In July and August 2023, MIT Technology Review Insights polled 1,000 business leaders about their organizations’ approaches to implementing generative AI technologies. Respondents were distributed among 11 industries, including consumer goods and retail, financial services, manufacturing, and pharma and health care. The report also draws on in-depth interviews with academics, data leaders, and AI experts.

The key findings are as follows:

Executives recognize the transformational potential of generative AI, but they are moving cautiously to deploy. Nearly all firms–96%–believe generative AI will affect their business. However, only 9% have fully deployed a generative AI use case in their organization, which indicates a wait-and-see posture.

Companies will not go it alone: Partnerships with both startups and Big Tech will be critical to smooth scaling. Most executives (75%) plan to work with partners to bring generative AI to their organization at scale, but only 10% consider partnering to be a top implementation challenge, suggesting that a strong ecosystem of providers and services is available for collaboration and co-creation.

Access to generative AI will benefit small and large companies alike. Company size has no bearing on a firm’s likelihood to be experimenting with generative AI, our poll found. Small companies (those with annual revenue less than $500 million) were three times more likely than mid-sized firms ($500 million to $1 billion) to have already deployed a generative AI use case (13% versus 4%).

One-quarter of respondents expect generative AI’s primary effect to be to reduce their workforce. The figure was higher in industrial sectors like energy and utilities (43%), manufacturing (34%), and transport and logistics (31%). It was lowest in IT and telecommunications (7%). Overall, this is a modest figure compared to the more dystopian job replacement scenarios.

Regulation looms, but uncertainty is today’s greatest challenge. Generative AI has spurred a flurry of activity as legislators try to understand risks, but truly impactful regulation will move at the speed of government.

"Business leaders are cautiously pursuing the transformative potential of generative AI, with nearly all respondents acknowledging its impact on their businesses," says Laurel Ruma, global editorial director, MIT Technology Review Insights. "However, only a small fraction have fully embraced generative AI use cases, highlighting a measured approach to implementation. Workforce implications vary across industries, and while regulation looms, uncertainty stands as today’s primary challenge."

Click here to download the report.

For more information please contact:

Natasha Conteh
Head of communications
MIT Technology Review Insights
[email protected] 

About MIT Technology Review Insights

MIT Technology Review Insights is the custom publishing division of MIT Technology Review, the world’s longest-running technology magazine, backed by the world’s foremost technology institution—producing live events and research on the leading technology and business challenges of the day. Insights conducts qualitative and quantitative research and analysis in the U.S. and abroad and publishes a wide variety of content, including articles, reports, infographics, videos, and podcasts. And through its growing MIT Technology Review Global Insights Panel, Insights has unparalleled access to senior-level executives, innovators, and entrepreneurs worldwide for surveys and in-depth interviews.

Source : Only 25% of business executives anticipate workforce reduction as primary impact of generative AI, says MIT Technology Review Insights' new research report

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Catch a Glimpse of The Madison 2023 October Auction

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HONG KONG and BEIJING, Oct. 10, 2023 /PRNewswire/ — Madison Auction is excited to present their October Sale, which will be held at Murray Hotel, Hong Kong, on 13th & 14th October, Friday evening and Saturday. This is the first two-day sale in Madison’s history. This is also the HANDBAG INAUGURAL SALE.

The sale contains four categories of products: 34 lots of Hermès Handbag, 525 lots of Wine and 291 lots of Spirits, with a total estimate of HK$30,000,000 – HK$48,000,000. This is a new venture for Madison Auction, hoping their carefully curated auction items bring more joy to customers.

This sale will be live-streamed on Madison Auction bidding platform (www.madison-auction.com/auctions) and the Madison Auction App (search ‘Madison Auction’ in the app store) at 4 – 10pm (HKT) on  October 13th and 11am – 5pm on 14th. Take advantage of the last few days to place an online absentee bid via the bidding platform and app.

In addition to Hong Kong, Madison Auction will also set up salerooms in Shanghai, Guangzhou, Macau and Dongguan, allowing more Asia-Pacific bidders to attend the auction via live streaming simultaneously. 

As the first Hong Kong based luxury lifestyle auction house, Madison Auction hosts auctions for the unique pool of high-net-worth clients from APAC and other regions. Madison Auction continues to accept consignments at 0% seller’s commission throughout the year for upcoming sales.

Handbag | Lot 6001– 6034

The 34 lots in this handbag auction are all from the leading luxury brand Hermès and include a wide range of handbags from classic lines, limited color editions to rare leather collections, with a total estimate of HK$2,600,000 to HK$4,000,000.

Classic timelessness is always the trends that the handbag collectors will focus on, the black crocodile BIRKIN (Lot 6028) and black crocodile CONSTANCE (Lot 6031) in this auction are good choices. The coming dreary autumn/winter season also requires a splash of bright colour, and orange CONSTANCE (Lot 6007 & 6008) is just the ticket to add a vibrant touch. With the evolution of fashion trends, large-sized handbags have returned to the forefront, and the two Jean Paul Gaultier-era 42cm BIRKIN (Lot 6030) and KELLY (Lot 6015) in this auction are both stylish and functional, making your outfit unique.

Wine | Lot 1–525

In our October auction, apart from some famous lots like 1998 DRC assortment (Lot 183), 1982 Lafite in perfect condition (Lot 410), there are treasures like 2017 Georges Roumier Échézeaux Grand Cru (Lot 245) which is new to the market. What’s more… many selections of some OWCs and large formats of classic Bordeaux and Champagne! Do not miss the chance to obtain some of them for the late of this year!

Spirits | Lot 8001– 8291

In this auction, Madison Auction offers you 291 lots of spirits with starting prices over HK$4,500,000. including many old Macallans such as Macallan 40-Year-Old Sherry Oak 2017 Release (Lot 8152), as well as rarities such as 1998 Yamazaki The Single Cask for Izumiya 60th Anniversay Arima, #CU70065 and 1999 Yamazaki The Single Cask for 40th Anniversay Hero, #DU65300 (Lot 8205).

In addition to bottles, there are also two whisky casks in this sale: 2010 Linkwood, #3029802 (Est HK$ 95,000 – HK$ 130,000, Lot 8186) and 1998 Glenrothes, #15766 (Est HK$ 280,000 – HK$ 450,000, Lot 8187). Both are first-fill sherry casks which are affordable and full of flavor, do not miss out if you’re interested in bottling a cask!

Happy bidding and good luck!

Recommendation

2012 Hermès A ANÉMONE EPSOM LEATHER CONSTANCE ELAN WITH PALLADIUM HARDWARE

Lot : 6013 | Grade: 3

Accessories: Leather card, dustbag and box

Size: 25w x 13h x 7d cm

Est. HK$ 80,000 – HK$ 100,000

P9 ANÉMONE, the ultimate in noble and elegant colors, brings a touch of mystery to your outfit.

2017 Hermès A BLEU PAON MATTE ALLIGATOR CROCODILE BIRKIN 30 WITH PALLADIUM HARDWARE

Lot:6020 | Grade:1

Accessories: Clochette, lock, key, felt protector, rain protector, leather card, small dustbag, dustbag and box

Size : 30w x 22h x 16d cm

Est. HK$ 400,000 – HK$ 600,000

The rare colour 7F Blue Paon with eye-catching crocodile leather is refreshing and unique enough, a perfect addition to your party look.

2011 Hermès A BLACK MATTE CROCODILE NILOTICUS BIRKIN 35 WITH GOLD HARDWARE

Lot:6028 | Grade:1.5

Accessories: Clochette, lock, key, felt protector, rain protector, dustbag and box

Size: 35w x 25h x 18d cm

Est. HK$ 200,000 – HK$ 300,000

Timeless black is complemented by rare crocodile leather and embellished with gold hardware to create this collectible classic Birkin.

2017 Hermès A BLACK SHINNY POROSUS CROCODILE CONSTANCE 24 WITH GOLD HARDWARE

2017 爱马仕 黑色亮面湾鳄皮24公分CONSTANCE包附金色金属配件

Lot:6031 | Grade:1

Accessories: Raincoat, leather card, dustbag and box

Size: 24w x 17h x 5d cm

Est. HK$ 200,000 – HK$ 280,000

The shiny crocodile porosus adds a touch of nobility, and the 24cm size is enough for simple daily use, with the black CONSTANCE bag as the classic design that will never go out of style.

2004 Hermès A GRIS FONCE SHINNY POROSUS CROCODILE KELLY CUT CLUTCH WITH PALLADIUM HARDWARE

Lot:6029 | Grade:2

Accessories: Felt protector, leather card, dustbag and box

Size: 30w x 13h x 3d cm

Est. HK$ 100,000 – HK$ 180,000

The Kelly Cut is a clutch bag by Jean Paul Gaultier with a slimmer, more elongated design and a more stylised look than the Kelly Pochette, making it a wonderful choice for any evening party.

1998 Domaine de la Romanée-Conti Assortment

Lot 183

12 Bottles, OWC | 1. BH 96 2. BH 95 3. BH 93 5. RP 92 6. WA 94

Est. HK$ 350,000 – HK$ 600,000

Romanée-Conti Grand Cru (1)

La Tâche Grand Cru (3)

Richebourg Grand Cru (2)

Échézeaux Grand Cru (3)

Grands Échézeaux Grand Cru (1)

Romanée-Saint-Vivant Grand Cru (2)

2017 Domaine Georges & Christophe Roumier Echezeaux Grand Cru

Lot 245

1 Bottle, Loose bottle | Overall: Perfect | RP 90-92

Est. HK$ 50,000 – HK$ 90,000

1982 Château Lafite Rothschild Pauillac 1er Cru Classé

Lot 410

12 Bottles, Loose bottle | Overall: Great | Ullage: Top shoulder or better, Label: Ten US import, Capsule: One torn, Cork: One slightly sunken and one slightly protruded | RP 100

Est. HK$ 160,000 – HK$ 280,000

1999 Domaine Georges & Christophe Roumier Musigny Grand Cru

Lot 455 & 456

1 Bottle/Lot, Loose bottle | Overall: Great | Ullage: 1cm below capsule, Label: Slightly bin soiled | RP 90-92

Est. HK$ 80,000 – HK$ 140,000

A Cask of 2010 Linkwood, #3029802

Lot 8186

1 Cask | Barrel Type: First Fill PX Quarter Cask, Bulk Litre: 117.09L | Litre of Alcohol: 59.13, Abv: 50.5%, Outturn: 167 bottles of 700ml | Date of Regauge: 14th August 2023, The above data may be different when bottling. The cask have to be bottled within one year from the auction date

Est. HK$ 95,000 – HK$ 130,000

A Cask of 1998 Glenrothes, #15766

Lot 8187

1 Cask | Barrel Type: First Fill Oloroso Hogshead, Bulk Litre: 122.72L | Litre of Alcohol: 61.12, Abv: 49.8%, Outturn: 175 bottles in 700ml | Date of Regauge: 6th September 2023. The above data may be different when bottling. The cask have to be bottled within one year from the auction date

Est. HK$ 280,000 – HK$ 450,000

The price includes all costs of bottling, labelling, documentation and packing but excludes label design and any type of outer boxes. If Madision Auction did not receive any instruction on cask bottling upon 1 year after the auction date, Madison Auction will, on its own discretion, bottle the cask and deliver the bottles to the customer. Importation to Hong Kong can only be done by Madison Auction with an additional cost responsible by the customer.

有馬英雄Mixed Lot

Lot 8205

2 Bottles, 2 Single OC | Overall: Perfect | Bottled: 2013/2011,  Bottle Number: 433/308, Barrel Type: Sherry Butt | Abv: 60%/56%, Vol: 700ml, Other: Single Malt | 1. WF 90

Est. HK$ 130,000 – HK$ 220,000

1.1998 Yamazaki The Single Cask for Izumiya 60th Anniversay Arima, #CU70065 (1 Bottle) (Single OC)

2.1999 Yamazaki The Single Cask for 40th Anniversay Hero, #DU65300 (1 Bottle) (Single OC)

These 2 bottles of Yamazaki single cask are very rare and sought-after in the market, this time we present these coveted dark Sherry Yamazaki to the Japanese whisky collectors. So place your bid now!

Macallan 40 Year Old Sherry Oak 2017 Release

Lot 8152

1 Bottle, Wooden GB | Overall: Perfect | Bottle Number: 250, Abv: 44% Vol: 700ml, Other: Single Malt, 465 bottles produced

Est. HK$ 140,000 – HK$ 260,000

Source : Catch a Glimpse of The Madison 2023 October Auction

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Roborock Announces Expansion Into Target with Its Innovative S7 Max Ultra

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Roborock S7 Max Ultra

Global Leader in Ultra-Intelligent Home Robotics Makes Debut Into Brick-And-Mortar Retail

HONG KONG, Oct. 10, 2023 /PRNewswire/ — Roborock, a global leader in ultra-intelligent home robotics engineered to simplify life, today announced its expansion into 180+ selected Target stores across the United States. Making its debut into brick-and-mortar retail, Roborock is offering Target shoppers the latest addition to the brand’s premium S-Series – the S7 Max Ultra. The S7 Max Ultra offers users a complete hands-free cleaning experience, taking both vacuum and mopping off of your plate. Combining powerful self-maintenance capabilities, cleaning functions, and intelligent app features for ease of use, the brand is dedicated to delivering an effortless cleaning solution.


Roborock S7 Max Ultra

"Roborock is proud to offer Target shoppers a simplified cleaning experience through the innovative S7 Max Ultra," said Richard Chang, Founder & CEO of Roborock. "As we witness a growing number of consumers seeking smarter ways to maintain their homes, our goal is to ensure that our products are more than just cleaning companions. They are designed to simplify daily life and to solve the real-world problems our consumers are facing. As a leader in the smart home cleaning category, we’re excited to reach a broader consumer base with this retail expansion and look forward to the further integration of the S7 Max Ultra into Target shoppers’ smart homes."

Merging innovation, practicality, and ease of use, the Roborock S7 Max Ultra is the ultimate cleaning tool equipped with automation features, bringing high-performance, hands-free cleaning without compromise. Equipped with Roborock’s RockDock™ Ultra, the S7 Max Ultra offers Self-Emptying, Mop-Washing and Drying, Self-Refilling, Self-Cleaning, and Fast Charging. With an extreme 5,500Pa suction power, the robot vacuum effectively captures messes from floors and carpets without difficulty. Paired with Roborock’s proprietary VibraRise® mopping system, which automatically lifts when cleaning on carpets and scrubs floors at a frequency of 3,000 times per minute, users can enjoy an unparalleled hassle-free cleaning experience. The S7 Max Ultra also features Reactive Tech Obstacle Avoidance, ensuring the vacuum identifies and avoids obstacles when cleaning, while LIDAR-based Navigations searches for an optimal route to clean your home.

About Roborock
Roborock is committed to innovation in researching, developing, and producing home cleaning devices, particularly robotic, cordless, and wet / dry vacuum cleaners. Every Roborock product has been designed with an eye on solving genuine problems, so Roborock customers can live better lives. Currently, Roborock is available in more than 40 countries, including the U.S., Germany, France, and Spain. The company operates out of four locations, with offices in Beijing, Shanghai, Shenzhen, and Hong Kong. For more information visit https://us.roborock.com/.

Source : Roborock Announces Expansion Into Target with Its Innovative S7 Max Ultra

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

International media explore Qingshan Village, discovering the blend of tradition and green concepts

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HANGZHOU, China, Oct. 10, 2023 /PRNewswire/ — During Hangzhou Asian Games, the Organizing Committee extended invitations to both domestic and international media to go to Qingshan Village. Beyond the adrenaline-pumping sports events, reporters had the opportunity to embark on cultural excursions, immersing themselves in the city’s deep-rooted traditions.

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Qingshan Village has delved into local culture, integrated artistic design with intangible cultural heritage skills to create handcrafted products that embody modern aesthetics, and driven the development of the art industry. The village thus attracted an increasing number of young people to become new residents, bringing more employment and entrepreneurial opportunities to local development. With fresh vitality injected into the village, it is now revitalized and represents a "Future Rural Experimental Area" in China.

Source : International media explore Qingshan Village, discovering the blend of tradition and green concepts

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

10 Tips to Mitigate 'Ring of Fire' Eclipse Impact on Solar Power

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Qn-SOLAR

SHANGHAI, Oct. 10, 2023 /PRNewswire/ — As the USA eagerly anticipates the upcoming annular solar eclipse, set to occur on Saturday, October 14th, after an 11-year absence, it will bring a direct impact on the power output of solar photovoltaic (PV) plants. Ahead of this momentous occasion, Qn-SOLAR, a leading PV manufacturer, is providing effective strategies to minimize the adverse effects of solar eclipses on PV power generation.

According to NASA, the annular solar eclipse, also known as ‘ring of fire’, begins in Oregon at 9:13 am PT and ends in Texas at 12:03 pm CT. An annular solar eclipse happens when the Moon is at or near its farthest point from Earth, appearing slightly smaller than the sun, so it does not block the entire solar disk.

Solar eclipses pose a significant challenge to solar power generation, as the decrease in irradiance directly affects the output of solar energy systems. As the eclipse progresses, solar generation declines in proportion to the impact on irradiance, creating a temporary shortfall in power production.


Qn-SOLAR’s Self-manufactured Solar Panels.

As a key player in the PV industry, Qn-SOLAR has summarized 11 key takeaways to reduce the impact on solar power generation.

1.      Energy Storage

Before a solar eclipse, grid operators can boost their energy reserves by expanding the capacity of battery energy storage systems. Qn-SOLAR had already completed installations of 15GW and owned power plants of 1.5GW by 2022.

2.      Smart Grid

By incorporating smart grid technologies, grid operators can effectively manage and dispatch electricity resources with greater precision, and automatically adjust power supply and demand to ensure the stability of the grid.

3.      Diversified Energy Structure

A diverse energy structure with wind power, hydroelectric power, and thermal power can offset the decrease in solar power generation during an eclipse. Furthermore, the progress of distributed generation and microgrid technologies strengthens the grid’s ability to withstand disruptions. Qn-SOLAR initiated PV in 2014, wind power in 2020, and energy storage in 2023.

4.      Dynamic Scheduling

Grid operators can monitor eclipses in real-time and adjust generation plans and power dispatch accordingly, minimizing the impact on the grid. Besides, Early warnings allow for adequate preparations in advance.

5.      Flexible Resource Dispatch

Flexibly dispatching various power generation resources, such as fast-start gas turbines, hydroelectric plants, and energy storage systems, helps manage power fluctuations.

6.      Demand-side Management

Implementing demand-side management strategies like time-of-use pricing and emergency peak reduction encourages users to adjust their electricity consumption, reducing power demand during the eclipse.

7.      Intelligent Scheduling Algorithms

Leveraging advanced intelligent scheduling algorithms like particle swarm optimization and genetic algorithms, dynamic optimization and scheduling of the grid can be achieved, improving the efficiency of power system operations.

8.      Scientific prediction

Combining integrated weather observation system and astronomy forecast enables more accurate forecasts of the timing, location, and magnitude of the eclipse, providing precise decision-making guidance for grid dispatch.

9.      Development of Virtual Power Plant Technology

Integrating various distributed generation resources through virtual power plant technology creates a controllable and dispatchable power generation unit, enhancing the operational stability of the grid.

10.    Enhanced Grid Interconnection

Strengthening interconnections between grids facilitates resource complementarity and optimal allocation, improving the overall operational stability of the power system.

Notably, the solutions above can greatly reduce the impact, they can’t eliminate it completely.

Qn-SOLAR offers integrated solar PV solutions with dedicated business teams and technical support in various regions. They provide localized services and have a complete and responsive after-sales management process to address both routine and unexpected situations. For more information, please visit: https://www.qn-solarpv.com/.

Source : 10 Tips to Mitigate 'Ring of Fire' Eclipse Impact on Solar Power

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Whale Cloud Recognized with Frost & Sullivan's 2023 Asia-Pacific Technology Innovation Leadership Award for Delivering Innovative and World-class Digital Technologies to Telecom Operators

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Whale Cloud drives innovative solutions in the Asia-Pacific OSS/BSS market by offering market-leading solutions that address customer preferences and accelerate time-to-market.

SAN ANTONIO, Oct. 10, 2023 /PRNewswire/ — Frost & Sullivan recently researched the 5G operational support systems (OSS)/business support systems (BSS) industry and, based on its findings, recognizes Whale Cloud with the 2023 Asia-Pacific (APAC) Technology Innovation Leadership Award. Whale Cloud is a leading technology company that has been making significant breakthroughs in the market by empowering mobile operators in the APAC region with cost-effective and cutting-edge 5G OSS/BSS technologies.

The company offers an all-in-one business platform that streamlines the digital transformation of communications service providers (CSPs) and industrial enterprises worldwide. Whale Cloud’s differentiated software-as-a-service (SaaS) suite includes 5G-ready Xpress BSS (BSS-as-a-Service), QRun (OSS-as-a-Service), Digital Marketing Cloud (Marketing-as-a-Service), Field Service Edge (Field Service-as-a-Service) and FaaS (Fiber Design-as-a-Service), that significantly enhance the way CSPs set up and run their businesses.

Another innovation example is Whale Cloud’s outstanding portfolio of forward-thinking SaaS solutions with flexible commercial pricing models and a telco-as-a-service (TaaS) approach. Whale Cloud’s TaaS architecture meets CSPs’ ever-evolving needs, with a focus on delivering cost-effective service, thus enabling Whale Cloud to maintain its solid leadership in the industry and increase its customer base.

"Prospects for future capability expansion supported by Whale Cloud are bright because the company leverages technology advancements to push the limits and drive innovation," said Mei Lee Quah, Director, ICT Research at Frost & Sullivan.

The company, therefore, is well positioned to capitalize on the latest digital trends in APAC markets because it has the most sophisticated technologies in the industry, a strong presence in over 80 countries, more than 600 global customers, and 30 years of industrial experience.

"With a stronghold in China, one of the largest mobile markets in APAC, accounting for over a third of the mobile subscribers in APAC, and good relationships with the top three mobile operators, the company is well placed to tap into the strong local push for innovation that it can leverage elsewhere in APAC," noted Quah. For its strong overall performance, Whale Cloud earns Frost & Sullivan’s 2023 APAC Technology Innovation Leadership Award in the 5G OSS/BSS industry.

"We are delighted to receive the prestigious 2023 Asia-Pacific Technology Innovation Leadership Award by Frost & Sullivan. This recognition serves as a testament to our dedication to providing CSPs in the APAC region with state-of-the-art and cost-effective 5G OSS/BSS technologies. We take great pride in being at the forefront of technological advancements, enabling CSPs to deliver 5G experiences that are both seamless and transformative to their customers", said Steven Cho, CMO of Whale Cloud International.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

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

Contact:
Tammy Chan
E: [email protected] 

About Whale Cloud

Whale Cloud is a leading technology company that specializes in the digital transformation of telecommunication service providers and other verticals. We provide mission-critical solutions and services spanning from telecoms to 5G, cloud, FinTech, eCommerce, IoT, and smart city. At Whale Cloud, we’re passionate about creating frictionless experiences for customers and empowering their digital ambitions. To find out more, visit: https://online.iwhalecloud.com/   

Contact
Xu Dong
E: [email protected] 

Source : Whale Cloud Recognized with Frost & Sullivan's 2023 Asia-Pacific Technology Innovation Leadership Award for Delivering Innovative and World-class Digital Technologies to Telecom Operators

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Drill Hole Assays in the Newly Discovered Buck Zone Connects the West Lisle Zone to Main Lisle deposit

Drill Hole Assays in the Newly Discovered Buck Zone Connects the West Lisle Zone to Main Lisle deposit

Vancouver, British Columbia – Newsfile Corp. – October 10, 2023 – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (the “Company or “Doubleview”) is pleased to announce assay results from Hat Project drill holes H049, H052, and H053 (Drill holes H050 & H051 were previously reported 06/010/23). Of special significance is drill hole H052 that intersected more than 500 meters with strong Copper and Gold Mineralization within which a 211.2 meter interval included 0.35 g/t Gold, 0.37% Copper with a total 1.33% Copper Equivalent**. Also particularly notable is an apparent increase in strength of all metals with increased depth. Cobalt assay results for drill hole H053 are among the highest ever reported for the Lisle Zone. Drill holes H052 and H053 are in the Buck zone connecting the western Lisle zone with the strong mineralization of the southern Lisle zone.

The reported drill holes cover a 150m x 260m area if projected to surface. The drill hole locations were carefully selected to gradually increase the Lisle deposit volume for the upcoming resource estimation, anticipated to be released Q1 of 2024. Table 1 shows assay intervals in detail and Table 2 provides information concerning drill hole locations. Figures 1 and 2 illustrate the locations and distribution of mineralization. Drill holes H052 and H053 provide a link from the west part of Lisle Zone to its southern extension.

Farshad Shirvani, Doubleview’s president and CEO, comments that “The 2023 drill campaign has exceeded all expectations. These first pair of drill holes connect the newly discovered Buck zone with the Lisle zone, which until now had previously been viewed as two separate areas. It’s anticipated that this will add significantly to the size and value of the Hat deposit. Besides the consistently high values of scandium and the continuous numbers for copper, the results for cobalt in drill hole H049 are, as with the case in H053, some of the highest grading cobalt assays ever encountered at the Hat deposit. This underlines the project’s outstanding importance to potentially be supportive for Canada’s ambitious plan to tackle climate change and have an independent supply of critical metals.”

Mr. Shirvani continued “While work is continuing to prepare the resource estimation data package, we are steadily advancing our drill hole coverage southward to the nearly unexplored Hoey zone, where earlier surface work including hand trenching, showed strong copper, cobalt and gold mineralization.”

Currently the 2023 drilling campaign continues to advance the Hat project, and the total drilled length of this season exceeds 8,000 meters.

TABLE 1. Assay results

DDH From (m) To
(m)
Length (m) Ag
(g/t)
Au
(g/t)
Co
(g/t)
Cu
(%)
Sc
(g/t)
CuEq (%)* incl Sc2O3
H049 42.8 376.7 333.9 0.12 0.03 71.0 0.05 32.4 0.87
inc. 42.8 50.0 7.2 1.04 0.02 774.0 0.16 16.2 0.91
inc. 161.5 188.6 27.1 0.32 0.04 83.3 0.06 31.3 0.86
inc. 230.6 256.0 25.4 0.31 0.10 100.2 0.18 25.0 0.86
and 373.8 379.3 5.5 0.25 0.22 120.8 0.21 26.0 0.99
H052 24.4 531.0 506.6 0.29 0.18 116.4 0.20 31.7 1.09
inc. 33.7 160.2 126.5 0.17 0.05 86.7 0.05 32.7 0.90
inc. 183.0 523.8 340.8 0.36 0.24 132.4 0.27 31.6 1.20
inc. 201.0 523.8 322.8 0.37 0.25 136.7 0.28 31.9 1.22
and 252.0 463.2 211.2 0.45 0.35 165.3 0.37 30.4 1.33
inc. 252.0 526.3 274.3 0.38 0.30 146.3 0.32 31.9 1.28
inc. 351.0 463.2 112.2 0.33 0.54 177.4 0.46 31.5 1.55
H053 33.0 408.0 375.0 0.16 0.09 94.5 0.08 32.4 0.94
inc. 33.0 204.6 171.6 0.25 0.06 154.9 0.11 31.1 0.95
inc. 33.0 150.0 117.0 0.09 0.03 59.8 0.04 32.2 0.85
inc. 156.0 204.6 48.6 0.68 0.15 399.4 0.29 28.7 1.21
inc. 188.0 204.6 16.6 1.18 0.25 743.5 0.54 28.3 1.64
and 160.0 363.0 203.0 0.21 0.12 130.5 0.11 32.5 1.01
Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:
– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc = $1.5/g
– Rec_Ag = 68% , Rec_Au = 89% , Rec_Co = 78%, Rec_Cu = 84% , Rec_Sc = 88%

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Figure 1. Section along the drill holes

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TABLE 2. Drill Hole Data

Drill Hole ID UTM – East UTM – North Elevation Max-Depth Azimuth Dip Area
H049 347,471 6,454,073 964 512 0 -87 Lisle West
H052 347,471 6,454,073 964 540 135 -60 Lisle West
H053 347,471 6,454,073 964 442.4 105 -70 Lisle West

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Figure 2. Drill Plan

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Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: [email protected]

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

The issuer is solely responsible for the content of this announcement.

About Doubleview Gold Corp.

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