JPMorgan Chase & Co. reduced its stake in iShares MSCI Pacific ex Japan ETF ( NYSEARCA:EPP – Free Report ) by 6.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,770,424 shares of the company’s stock after selling 609,113 shares during the period. JPMorgan Chase & Co. owned 0.20% of iShares MSCI Pacific ex Japan ETF worth $428,348,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also made changes to their positions in EPP. Resolute Advisors LLC grew its holdings in iShares MSCI Pacific ex Japan ETF by 1.6% during the second quarter. Resolute Advisors LLC now owns 20,321 shares of the company’s stock worth $874,000 after acquiring an additional 329 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of iShares MSCI Pacific ex Japan ETF in the 3rd quarter worth approximately $3,790,000. Finally, Rathbones Group PLC raised its holdings in shares of iShares MSCI Pacific ex Japan ETF by 6.3% in the 2nd quarter. Rathbones Group PLC now owns 98,323 shares of the company’s stock worth $4,228,000 after purchasing an additional 5,844 shares in the last quarter. 74.75% of the stock is currently owned by institutional investors. iShares MSCI Pacific ex Japan ETF Stock Performance Shares of NYSEARCA:EPP opened at $44.13 on Friday. iShares MSCI Pacific ex Japan ETF has a 1-year low of $40.22 and a 1-year high of $49.29. The company has a 50 day moving average price of $46.37 and a 200 day moving average price of $45.46. iShares MSCI Pacific ex Japan ETF Profile iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). Recommended Stories Want to see what other hedge funds are holding EPP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Pacific ex Japan ETF ( NYSEARCA:EPP – Free Report ). Receive News & Ratings for iShares MSCI Pacific ex Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Pacific ex Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter .
GLENS FALLS — There were tense expressions on the faces of the Half Hollow Hills West crowd on various occasions. When the state champion was announced, those faces all were painted with unbridled excitement. Hills West defeated Fayetteville Manlius (Section III), 25-17, 13-25, 25-27, 25-17, 16-14, in the state Class AA girls volleyball championship at Cool Insuring Arena on Saturday night. “We’ve been here before. We’ve been down and in tough situations,” Mary Wolcott said. “We knew we had to fight and that’s what we did.” With the Colts facing match point in the fifth set, trailing 14-13, Alexis Pelis had back-to-back kills each assisted by Wolcott. Now with their own match point, Wolcott faked a set and lofted the ball over the net, landing between four diving defenders to earn the win. “That play is all about reading the blockers,” Wolcott said. “People aren’t expecting you to go for that move on game point, so I knew they weren’t ready for it.” Mary’s younger sister, Morgan, had three kills in the final set. The younger Wolcott suffered an injury in the Long Island championship that she has played through. “I’ve had so much help from everyone,” Morgan Wolcott said. “I was in a cast, in a wheelchair last week, but this team is why I play. I’m grateful to them and all the parents that helped me.” “I knew she could push through it,” Mary Wolcott said. “She wanted to do this for us and there’s no one else I’d rather play with.” Mary Wolcott finished with 22 assists and 16 kills. Emily Dantona had 12 kills, Alexis Pelis had 10, and Ella Corso eight. The Colts looked to be in strong position, leading the third set 22-14, after splitting the first two. The Hornets went on a 13-1 run to take a 24-23 lead and won the set 27-25. Hills West responded by jumping to a 21-10 lead after Pelis’ kill in the fourth set. The Colts took the set 25-17 to force a winner-take-all fifth set. Mary Wolcott had nine assists and two kills in the set. Veronica Pelis had an ace and anchored the defense keeping numerous attacks in play. “I was just thinking this could be my last time playing with my sister (Alexis),” Veronica Pelis said. “I didn’t want this to be our last memory on the court, I wanted it to be positive.” The Colts finished 21-0 with the program’s first Long Island and state championships since 2000. “It feels great, we did this with family,” Morgan Wolcott said. “Everyone that came here, everyone back at home, they were all a part of this.” Christopher Matias covers high school sports for Newsday after spending time in Athletic Facilities and Operation at St. John’s and in Sports Information at CUNY York college.Results Summary 1 SUNNYVALE, Calif. , Dec. 4, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today reported results for its fourth quarter and fiscal year 2024. Revenue for the fourth quarter of fiscal year 2024 was $1.636 billion , compared to $1.467 billion for the fourth quarter of fiscal year 2023. Revenue for fiscal year 2024 was $6.127 billion , an increase of approximately 15% from $5.318 billion in fiscal year 2023. "The fourth quarter was a strong finish to a transformational year for Synopsys. We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys," said Sassine Ghazi , president and CEO of Synopsys. "Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems." "Continued strong execution drove excellent Q4 results, which exceeded the midpoint of our guidance targets and capped a year of 15% revenue growth for the company," said Shelagh Glaser , CFO of Synopsys. "The combination of our execution focus, operating discipline, and the critical nature of our industry-leading technology positions us well for the future. In 2025, we expect to deliver double-digit revenue growth grounded in pragmatism given continued macro uncertainties and the impact of our fiscal year calendar change." Synopsys' previously announced acquisition of Ansys is expected to close in the first half of 2025, subject to the receipt of required regulatory approvals and other customary closing conditions. This week marked the expiration of the Hart-Scott-Rodino (HSR) Act waiting period, and Synopsys is working cooperatively with Federal Trade Commission (FTC) staff to conclude the investigation and the staff's review of Synopsys' proposed remedies. _______________________________________________ 1 On September 30, 2024, Synopsys completed the sale of its Software Integrity business. Synopsys' Software Integrity business has been presented as a discontinued operation in the consolidated financial statements for all periods presented herein and all financial results and targets are presented herein on a continuing operations basis unless otherwise noted. Continuing Operations On September 30, 2024 , Synopsys completed the sale of its Software Integrity business. Unless otherwise noted, Synopsys' Software Integrity business has been presented as a discontinued operation in the Synopsys' consolidated financial statements for all periods presented herein and all financial results and targets are presented herein on a continuing operations basis. GAAP Results On a U.S. generally accepted accounting principles (GAAP) basis, net income for the fourth quarter of fiscal year 2024 was $279.3 million , or $1.79 per diluted share, compared to $346.1 million , or $2.23 per diluted share, for the fourth quarter of fiscal year 2023. GAAP net income for fiscal year 2024 was $1.442 billion , or $9.25 per diluted share, compared to $1.227 billion , or $7.91 per diluted share, for fiscal year 2023. Non-GAAP Results On a non-GAAP basis, net income for the fourth quarter of fiscal year 2024 was $529.9 million , or $3.40 per diluted share, compared to non-GAAP net income of $464.1 million , or $3.00 per diluted share, for the fourth quarter of fiscal year 2023. Non-GAAP net income for fiscal year 2024 was $2.058 billion , or $13.20 per diluted share, compared to non-GAAP net income of $1.636 billion , or $10.54 per diluted share, for fiscal year 2023. For a reconciliation of net income, earnings per diluted share and other measures on a GAAP and non-GAAP basis, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Business Segments Synopsys reports revenue and operating income in two segments: (1) Design Automation, which includes our advanced silicon design, verification products and services, system integration products and services, digital, custom and field programmable gate array IC design software, verification software and hardware products, manufacturing software products and other and (2) Design IP, which includes our interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services. Financial Targets Synopsys also provided its consolidated financial targets for the first quarter and full fiscal year 2025. These targets reflect a change in Synopsys' fiscal year from a 52/53-week period ending on the Saturday nearest to October 31 of each year to October 31 of each year. As a result of this change, there will be ten fewer days in the first half of fiscal year 2025 and two extra days in the second half of fiscal year 2025, which results in eight fewer days in the aggregate in Synopsys' fiscal year 2025 as compared to its fiscal year 2024. These targets also assume no further changes to export control restrictions or the current U.S. government "Entity List" restrictions. These targets constitute forward-looking statements and are based on current expectations. For a discussion of factors that could cause actual results to differ materially from these targets, see "Forward-Looking Statements" below. First Quarter and Full Fiscal Year 2025 Financial Targets (1) (in millions except per share amounts) Range for Three Months Ending Range for Fiscal Year Ending January 31, 2025 October 31, 2025 Low High Low High Revenue $ 1,435 $ 1,465 $ 6,745 $ 6,805 GAAP Expenses $ 1,142 $ 1,162 $ 4,926 $ 4,983 Non-GAAP Expenses $ 945 $ 955 $ 4,045 $ 4,085 Non-GAAP Interest and Other Income (Expense), net $ 20 $ 22 $ 94 $ 98 Non-GAAP Tax Rate 16 % 16 % 16 % 16 % Outstanding Shares (fully diluted) 156 158 157 159 GAAP EPS $ 1.81 $ 1.95 $ 10.42 $ 10.63 Non-GAAP EPS $ 2.77 $ 2.82 $ 14.88 $ 14.96 Operating Cash Flow ~ $1,800 Free Cash Flow (2) ~ $1,600 Capital Expenditures ~ $170 (1) Synopsys' first quarter of fiscal year 2025 will end on January 31, 2025 and its fiscal year 2025 will end on October 31, 2025. (2) Free cash flow is calculated as cash provided from operating activities less capital expenditures. For a reconciliation of Synopsys' first quarter and fiscal year 2025 targets, including expenses, earnings per diluted share and other measures on a GAAP and non-GAAP basis and a discussion of the financial targets that we are not able to reconcile without unreasonable efforts, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Earnings Call Open to Investors Synopsys will hold a conference call for financial analysts and investors today at 2:00 p.m. Pacific Time. A live webcast of the call will be available on Synopsys' corporate website at investor.synopsys.com . Synopsys uses its website as a tool to disclose important information about Synopsys and comply with its disclosure obligations under Regulation Fair Disclosure. A webcast replay will also be available on the corporate website from approximately 5:30 p.m. Pacific Time today through the time Synopsys announces its results for the first quarter of fiscal year 2025 in February 2025. Effectiveness of Information The targets included in this press release, the statements made during the earnings conference call, the information contained in the financial supplement and the corporate overview presentation, each of which are available on Synopsys' corporate website at www.synopsys.com (collectively, the " Earnings Materials "), represent Synopsys' expectations and beliefs as of December 4, 2024 . Although these Earnings Materials will remain available on Synopsys' website through the date of the earnings call for the first quarter of fiscal year 2025, their continued availability through such date does not mean that Synopsys is reaffirming or confirming their continued validity. Synopsys undertakes no duty and does not intend to update any forward-looking statement, whether as a result of new information or future events, or otherwise update, the targets given in this press release unless required by law. Availability of Final Financial Statements Synopsys will include final financial statements for the fiscal year 2024 in its annual report on Form 10-K to be filed on or before January 2, 2025 . About Synopsys Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com . Reconciliation of Fourth Quarter and Fiscal Year 2024 Results The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP net income, earnings per diluted share, and tax rate for the periods indicated below. GAAP to Non-GAAP Reconciliation of Fourth Quarter and Fiscal Year 2024 Results (1) (unaudited and in thousands, except per share amounts) Three Months Ended Twelve Months Ended October 31, October 31, 2024 2023 2024 2023 GAAP net income from continuing operations attributed to Synopsys $ 279,281 $ 346,051 $ 1,441,710 $ 1,227,045 Adjustments: Amortization of acquired intangible assets 54,258 14,886 104,220 50,477 Stock-based compensation 165,116 128,286 656,632 511,730 Acquisition/divestiture related items 62,428 4,016 172,638 13,831 Restructuring charges — (1,348) — 53,091 Gain on sale of strategic investments — — (55,077) — Tax settlement — — — (23,752) Tax adjustments (31,158) (27,753) (262,322) (196,471) Non-GAAP net income from continuing operations attributed to Synopsys $ 529,925 $ 464,138 $ 2,057,801 $ 1,635,951 Three Months Ended Twelve Months Ended October 31, October 31, 2024 2023 2024 2023 GAAP net income from continuing operations per diluted share attributed to Synopsys $ 1.79 $ 2.23 $ 9.25 $ 7.91 Adjustments: Amortization of acquired intangible assets 0.35 0.10 0.67 0.33 Stock-based compensation 1.06 0.83 4.21 3.30 Acquisition/divestiture related items 0.40 0.03 1.11 0.09 Restructuring charges — (0.01) — 0.34 Gain on sale of strategic investments — — (0.35) — Tax settlement — — — (0.15) Tax adjustments (0.20) (0.18) (1.69) (1.28) Non-GAAP net income from continuing operations per diluted share attributed to Synopsys $ 3.40 $ 3.00 $ 13.20 $ 10.54 Shares used in computing net income per diluted share amounts: 155,991 154,845 155,944 155,195 (1) Synopsys' fourth quarter of fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. GAAP to Non-GAAP Tax Rate Reconciliation (1)(2) (unaudited) Twelve Months Ended October 31, 2024 GAAP effective tax rate 6.6 % Stock-based compensation 2.9 % Income tax adjustments (3) 5.5 % Non-GAAP effective tax rate 15.0 % (1) Synopsys' fiscal year 2024 ended on November 2, 2024. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. (2) Presented on a continuing operations basis. (3) The adjustments are primarily related to the differences in the tax rate effect of certain deductions, such as the deduction for foreign-derived intangible income and credits. GAAP to Non-GAAP Reconciliation of 2025 Targets The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP targets for the periods indicated below. GAAP to Non-GAAP Reconciliation of First Quarter Fiscal Year 2025 Targets (in thousands, except per share amounts) Range for Three Months Ending January 31, 2025 Low High Target GAAP expenses $ 1,142,000 $ 1,162,000 Adjustments: Amortization of acquired intangible assets (12,000) (15,000) Stock-based compensation (185,000) (192,000) Target non-GAAP expenses $ 945,000 $ 955,000 Range for Three Months Ending January 31, 2025 Low High Target GAAP earnings per diluted share attributed to Synopsys $ 1.81 $ 1.95 Adjustments: Amortization of acquired intangible assets 0.10 0.08 Stock-based compensation 1.22 1.18 Acquisition/divestiture related items (1) 0.08 0.06 Tax adjustments (0.44) (0.45) Target non-GAAP earnings per diluted share attributed to Synopsys $ 2.77 $ 2.82 Shares used in non-GAAP calculation (midpoint of target range) 157,000 157,000 GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2025 Targets (in thousands, except per share amounts) Range for Fiscal Year Ending October 31, 2025 Low High Target GAAP expenses $ 4,926,000 $ 4,983,000 Adjustments: Amortization of acquired intangible assets (46,000) (51,000) Stock-based compensation (835,000) (847,000) Target non-GAAP expenses $ 4,045,000 $ 4,085,000 Range for Fiscal Year Ending October 31, 2025 Low High Target GAAP earnings per diluted share attributed to Synopsys $ 10.42 $ 10.63 Adjustments: Amortization of acquired intangible assets 0.32 0.29 Stock-based compensation 5.36 5.28 Acquisition/divestiture related items (1) 0.29 0.26 Tax adjustments (1.51) (1.50) Target non-GAAP earnings per diluted share attributed to Synopsys $ 14.88 $ 14.96 Shares used in non-GAAP calculation (midpoint of target range) 158,000 158,000 (1) Adjustments reflect certain contractually obligated financing fees and related amortization ex
Maryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was filed last week in federal court, focuses on a cluster of 13 facilities in northeastern Maryland operated by Delaware-based W.L. Gore & Associates. It alleges the company polluted the air and water around its facilities with per- and polyfluoroalkyl substances , jeopardizing the health of surrounding communities while raking in profits. The lawsuit adds to other claims filed in recent years, including a class action on behalf of Cecil County residents in 2023 demanding Gore foot the bill for water filtration systems, medical bills and other damages associated with decades of harmful pollution in the largely rural community. “PFAS are linked to cancer, weakened immune systems, and can even harm the ability to bear children,” Maryland Attorney General Anthony Brown said in a statement. “It is unacceptable for any company to knowingly contaminate our drinking water with these toxins, putting Marylanders at risk of severe health conditions.” Gore spokesperson Donna Leinwand Leger said the company is “surprised by the Maryland Attorney General’s decision to initiate legal action, particularly in light of our proactive and intensive engagement with state regulators over the past two years.” “We have been working with Maryland, employing the most current, reliable science and technology to assess the potential impact of our operations and guide our ongoing, collaborative efforts to protect the environment,” the company said in a statement, noting a Dec. 18 report that contains nearly two years of groundwater testing results. But attorney Philip Federico, who represents plaintiffs in the class action and other lawsuits against Gore, called the company’s efforts “too little, much too late.” In the meantime, he said, residents are continuing to suffer — one of his clients was recently diagnosed with kidney cancer. “It’s typical corporate environmental contamination,” he said. “They’re in no hurry to fix the problem.” The synthetic chemicals are especially harmful because they’re nearly indestructible and can build up in various environments, including the human body. In addition to cancers and immune system problems, exposure to certain levels of PFAS has been linked to increased cholesterol levels, reproductive health issues and developmental delays in children, according to the Environmental Protection Agency. Gore leaders failed to warn people living near its Maryland facilities about the potential impacts, hoping to protect their corporate image and avoid liability, according to the state’s lawsuit. The result has been “a toxic legacy for generations to come,” the lawsuit alleges. Since the chemicals are already in the local environment, protecting residents now often means installing complex and expensive water filtration systems. People with private wells have found highly elevated levels of dangerous chemicals in their water, according to the class action lawsuit. The Maryland facilities are located in a rural area just across the border from Delaware, where Gore has become a longtime fixture in the community. The company, which today employs more than 13,000 people, was founded in 1958 after Wilbert Gore left the chemical giant DuPont to start his own business. Its profile rose with the development of Gore-Tex , a lightweight waterproof material created by stretching polytetrafluoroethylene, which is better known by the brand name Teflon that’s used to coat nonstick pans. The membrane within Gore-Tex fabric has billions of pores that are smaller than water droplets, making it especially effective for outdoor gear. The state’s complaint traces Gore’s longstanding relationship with DuPont , arguing that information about the chemicals' dangers was long known within both companies as they sought to keep things quiet and boost profits. It alleges that as early as 1961, DuPont scientists knew the chemical caused adverse liver reactions in rats and dogs. DuPont has faced widespread litigation in recent years. Along with two spinoff companies, it announced a $1.18 billion deal last year to resolve complaints of polluting many U.S. drinking water systems with forever chemicals. The Maryland lawsuit seeks to hold Gore responsible for costs associated with the state’s ongoing investigations and cleanup efforts, among other damages. State oversight has ramped up following litigation from residents alleging their drinking water was contaminated. Until then, the company operated in Cecil County with little scrutiny. Gore announced in 2014 that it had eliminated perfluorooctanoic acid from the raw materials used to create Gore-Tex. But it’s still causing long-term impacts because it persists for so long in the environment, attorneys say. Over the past two years, Gore has hired an environmental consulting firm to conduct testing in the area and provided bottled water and water filtration systems to residents near certain Maryland facilities, according to a webpage describing its efforts. Recent testing of drinking water at residences near certain Gore sites revealed perfluorooctanoic acid levels well above what the EPA considers safe, according to state officials. Attorneys for the state acknowledged Gore’s ongoing efforts to investigate and address the problem but said the company needs to step up and be a better neighbor. “While we appreciate Gore’s limited investigation to ascertain the extent of PFAS contamination around its facilities, much more needs to be done to protect the community and the health of residents,” Maryland Department of the Environment Secretary Serena McIlwain said in a statement. “We must remove these forever chemicals from our natural resources urgently, and we expect responsible parties to pay for this remediation.”COMMERCE, Texas (AP) — Scooter Williams Jr. had 19 points in East Texas A&M's 68-67 victory over Abilene Christian on Wednesday. Williams added six rebounds and three steals for the Lions (2-10). Khaliq Abdul-Mateen added 17 points while going 3 of 8 and 11 of 12 from the free-throw line while he also had five assists and three steals. The Lions snapped a seven-game slide. Quion Williams led the Wildcats (7-5) in scoring, finishing with 17 points and seven assists. Leonardo Bettiol added 16 points and seven rebounds for Abilene Christian. Hunter Jack Madden had 13 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . For copyright information, check with the distributor of this item, Data Skrive.
( MENAFN - GetNews) Setting new standards in utility design, research, and patented technologies. An accomplished civil engineer with more than ten years of experience in the US serving various roles in the field, Rajasekhar Chadalawada is causing a stir in the industry with his innovative research, leadership in major infrastructure projects, and creative utility engineering style. Chadalawada is expanding the scope of civil engineering in the contemporary era with two recently approved patents, and a portfolio of highly cited papers. A Forward-thinking Executive Promoting Transformation in Civil Engineering Chadalawada, who is currently employed with Verita Telecommunications Corporation as an OSP Engineer, has made a living by turning problems into opportunities. His proficiency in fiber design and utility engineering, along with his thorough knowledge of USDOT and federal regulations, allow him to design projects that adhere to strict quality and compliance requirements. Chadalawada is in charge of managing technical teams at Verita Telecommunications, making sure project deadlines are fulfilled, and working with regulatory bodies to expedite approvals. His leadership has continuously resulted in the timely and economical completion of projects, establishing him as a reliable authority in the sector. Chadalawada's reputation has been further solidified by his prior positions at major corporations like Fullerton Engineering and Burns & McDonnell. He has overseen a variety of teams, created sophisticated processes, and applied creative engineering solutions for projects ranging from subterranean utility infrastructure to power transmission. Leading the Way in Innovation: Patents and Research Rajasekhar's dedication to research is evident in his extensive portfolio of technical publications, which are available on Google Scholar. His works cover diverse topics, including: Two Approved Patents: According to a Fullerton colleague, "Rajasekhar Chadalawada's expertise in underground engineering and utility design is transforming the landscape of civil engineering. His ability to integrate data-driven solutions with practical applications ensures that projects are not only efficient and sustainable but also pave the way for smarter, more resilient urban infrastructure.” Honors and Outstanding Leadership Numerous honors during Chadalawada's career highlight his accomplishments and influence. Noteworthy Accomplishments Include: Contributions to Peer Reviewing Articles for Various Publications Rajasekhar Chadalawada has actively contributed to advancing civil engineering and transportation systems through his role as a peer reviewer for esteemed publications. Drawing from his extensive expertise, he has provided critical evaluations and insights for research articles covering a range of cutting-edge topics, including Smart Sensing Technologies for Monitoring and Detecting Leaks in Underground Pipelines and Innovative Trenchless Technologies for Installing Underground Fiber Optic Cables. His reviews have also addressed pioneering studies on Optimizing Public Transit Networks for smart cities, Real-Time Traffic Management for autonomous vehicles, and the environmental implications of Green Concrete in sustainable infrastructure. By meticulously assessing the methodologies, data-driven approaches, and practical implications of these works, Chadalawada ensures that published research meets the highest standards of quality and relevance. Additional details about his contributions, including published works and citations, can be found on his Google Scholar profile . Creating the Future: Sustainable Infrastructure and Smart Cities The aim of Chadalawada goes beyond traditional engineering. His efforts are in line with the global movement toward smart city development and sustainability. He is helping to create a future where cities are more resilient, eco-friendly, and efficient by introducing innovations in multi-modal transportation integration, sustainable materials, and traffic management. "I believe that civil engineering is the cornerstone of societal advancement," Chadalawada stated. "We can create infrastructure that not only satisfies present demands but also foresees future difficulties by utilizing technology." A Career with a Foundation in Research and Education Chadalawada has equally strong academic credentials. He studied for a Master's degree in Transportation Engineering at Bradley University after graduating with a Bachelor of Civil Engineering from Vignan University in India. His most notable research endeavors include: These initiatives demonstrated his ability to combine study with practical application while also solidifying his expertise. A Thought Leader in Civil Engineering The impact of Chadalawada, a recognized thought leader in civil engineering, goes beyond his work responsibilities. As a peer reviewer for esteemed journals and a regular panelist at professional conferences, he has been instrumental in shaping conversations about innovations in the field. His insights on seismic reinforcement for high-rise buildings and autonomous car navigation have gained him widespread respect. For more information, connect with Rajasekhar on LinkedIn or contact him at ... . MENAFN18122024003238003268ID1109009662 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Hackers have taken over the website of the National Bureau of Statistics (NBS), underscoring increased cyberattacks in the country. According to Check Point Software Technologies, a cyber security platform provider, Nigerian industries have seen a sharp rise in cyberattacks. In July, the country ranked 19th in the global rankings for attacks. It noted that government agencies face 1,791 weekly attacks. A visit to the NBS’s website reveals ‘Page Hacked’ on an otherwise blank page. Confirming the attack, the NBS tweeted on Thursday night, “This is to inform the public that the NBS Website has been hacked, and we are working to recover it. Please disregard any message or report posted until the website is fully restored.” Growing digitisation has exposed government agencies and other sectors to cyber attacks. Nigeria’s growing digital economy is facing escalating threats from hackers, prompting the Federal Government to issue at least 33 cyberattack advisories in the past year. “The rapid digitalisation of Africa’s key sectors has positioned the continent as a prime target for sophisticated cyber threats,” stated Lionel Dartnall, acting Country Manager for South Africa at Check Point Software Technologies. Kashifu Inuwa, director-general of the National Information Technology Development Agency, recently stated, “As we digitise, we know that there is a big threat to our cyber security. There are a lot of criminal activities happening in cyberspace, so as we build, we need to build with security in mind.” Attacks on government agencies usually become ransomware attacks, with hackers exchanging hacked data for money. In 2024, South Africa’s government entities saw a 90 percent surge in ransomware attacks, with 3,312 weekly attacks.
5 top tech gifts for the holidays