Mercurity Fintech Announces Unaudited Financial Results for First Half 2024
NoneNEW YORK , Dec. 5, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global IT asset disposition (ITAD) market size is estimated to grow by USD 14.85 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 11.48% during the forecast period. Growing implementation of regulatory compliances regarding data security is driving market growth, with a trend towards increasing strategic partnerships and acquisitions by vendors. However, low awareness of itad poses a challenge. Key market players include 3 Step IT Group Oy, Apto Solutions Inc., Blancco Technology Plc, BRP Infotech Pvt. Ltd., CompuCom Systems Inc., DataSpan Inc., Dell Technologies Inc., EOL IT Services Ltd., Hewlett Packard Enterprise Co., Ingram Micro Inc., International Business Machines Corp., Iron Mountain Inc., LifeSpan International Inc., Ocean Enterprises LLC, Renewtech, Sims Ltd., SK Inc., TBS Industries Inc., Total IT Global, and Xeptor BV. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF IT Asset Disposition (ITAD) Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 11.48% Market growth 2024-2028 USD 14.85 billion Market structure Fragmented YoY growth 2022-2023 (%) 10.96 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 37% Key countries US, China, India, Germany, and UK Key companies profiled 3 Step IT Group Oy, Apto Solutions Inc., Blancco Technology Plc, BRP Infotech Pvt. Ltd., CompuCom Systems Inc., DataSpan Inc., Dell Technologies Inc., EOL IT Services Ltd., Hewlett Packard Enterprise Co., Ingram Micro Inc., International Business Machines Corp., Iron Mountain Inc., LifeSpan International Inc., Ocean Enterprises LLC, Renewtech, Sims Ltd., SK Inc., TBS Industries Inc., Total IT Global, and Xeptor BV Market Driver The IT Asset Disposition (ITAD) market is experiencing significant trends with a focus on data security, environmental protection, and regulatory compliance. NAID AAA and ISO standards ensure secure data destruction and responsible recycling. Asset recovery through data destruction, lifecycle management services, and reverse logistics are major drivers. Personally Identifying Information (PII) protection is crucial in cloud-based computing and data centers. ERI, Iron Mountain Incorporated, and Homeboy Recycling lead the ITAD industry, addressing old assets from IT & telecom segments. Regulatory requirements, such as HIPAA security rule, pose obstacles, but comprehensive ITAD programs help organizations navigate these challenges. The evolution of technologies, including cloud migration, data center consolidation, virtualization, and cloud adoption, impacts ITAD. Apple, a key player, data security. Major drivers include regulatory compliances, environmental safety, and legislation addressing e-waste. Investments in cloud-based technologies and new technologies like online auction platforms segment the ITAD market. Asset types include computers, Mobile Devices, Servers, Digital Storage Devices, Peripherals, and various services like Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, and Remarketing. The Data Destruction segment dominates, with verticals like Aerospace & Defense and Energy and Power requiring specialized services. IOS 15 and other new technologies influence the market. Organizations must adapt to these trends and work processes to effectively manage IT equipment and ensure data security and environmental protection. Vendors in the IT Asset Disposition (ITAD) market are expanding their global reach and enhancing their competitive positions through strategic moves such as mergers and acquisitions, partnerships, and collaborations. For instance, IBM Corp. Bought SXiQ, an Australian digital transformation services company, in November 2021 , to broaden its cloud offerings. Similarly, Hewlett Packard Enterprise Co. Acquired Ampool in July 2021 , to boost its hybrid analytics capabilities. In August 2020 , CompuCom Systems Inc. Teamed up with Office Depot to offer IT hardware and services to small and mid-sized businesses in the US, supporting their remote workplaces. These deals demonstrate the industry's ongoing consolidation and collaboration trends. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This it asset disposition (itad) market report extensively covers market segmentation by 1.1 Large organizations- Large organizations face the challenge of managing complex IT infrastructures with a high volume of diverse equipment and significant amounts of sensitive data. With frequent technology upgrades and refresh cycles, a substantial number of IT assets are retired regularly. Securely disposing of these assets is essential to prevent data breaches and adhere to strict data privacy regulations. IT Asset Disposition (ITAD) services provide a scalable solution for managing the efficient disposal of large volumes of equipment. Outsourcing ITAD services to specialized providers ensures a streamlined and secure process, driving demand for these services among large enterprises. This demand is expected to positively impact the growth of the global ITAD market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The IT Asset Disposition (ITAD) market is a critical segment of the tech industry, focusing on the proper disposal and recycling of end-of-life IT equipment. ITAD services include asset recovery, data destruction, and lifecycle management. ISO standards ensure adherence to strict guidelines for data security and environmental protection. With the rise of cloud-based computing, data centers are downsizing, leading to an influx of old assets. Personally Identifying Information (PII) must be securely erased to comply with regulations like HIPAA. ERI, Netflix, and Amazon are among the companies leveraging ITAD services. Consolidation and BYOD trends drive the need for comprehensive ITAD programs. Energy-efficient products and IT lifecycle solutions are essential as technologies evolve. Obstacles include regulatory requirements and data security concerns. Las Vegas facility tours showcase best practices. The industry continues to adapt to cloud migration and the evolution of technologies. Market Research Overview The IT Asset Disposition (ITAD) market is a critical segment of the tech industry, focusing on the proper disposal and repurposing of IT equipment and technologies. ITAD services include asset recovery, data destruction, lifecycle management, and regulatory compliance. With the evolution of technologies such as cloud-based computing, data centers, and virtualization, the ITAD market is experiencing significant growth. Data security and environmental protection are major drivers in the ITAD industry, with NAID AAA and ISO standards ensuring the secure and responsible handling of Personally Identifying Information (PII) and other sensitive data. Regulatory requirements, such as HIPAA security rules, also play a role in the market. Obstacles to the ITAD market include consolidation in the industry, cloud migration, and data center decommissioning. However, new technologies, such as cloud-based ITAD solutions and online auction platforms, are helping to address these challenges. The ITAD market is segmented by asset type, including computers, mobile devices, servers, digital storage devices, peripherals, and services like data destruction, recycling, reverse logistics, de-manufacturing, and remarketing. Major industries served include Aerospace & Defense, Energy and Power, and the IT & telecom segment. Major players in the ITAD market include ERI, Iron Mountain Incorporated, and Homeboy Recycling, among others. The market is also impacted by legislation, such as e-waste regulations, and investments in new technologies, such as cloud-based ITAD solutions and new data destruction methods. Apple's recent announcement of iOS 15 includes new features for data security and privacy, further emphasizing the importance of ITAD services in the tech industry. Overall, the ITAD market is expected to continue growing as organizations seek to manage their IT equipment and data securely and responsibly. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/it-asset-disposition-market-to-grow-by-usd-14-85-billion-2024-2028-driven-by-stricter-data-security-regulations-with-ai-driving-market-transformation---technavio-302322463.html SOURCE Technavio
Hyderabad: A young man, out of frustration, burnt his newly brought bike after he was constantly harassed by a private finance firm in Medak district on Sunday. Video of the incident has surfaced on social media showing a bike up in flames. A young man, out of frustration, burnt his newly brought bike after he was constantly harassed by a private finance firm in Medak district on Sunday. pic.twitter.com/PWzt6gNOxh According to local reports, the young man had purchased the bike on a monthly instalment by availing loan from the private finance company. He was consistent in paying back the loan money for several months. However, due to financial constraints, he failed to pay the instalments for some time. What followed was constant threats from the private finance company. Irked by the behaviour, the young man burnt his bike, creating a tensed atmosphere. On information, police reached the spot and a case has been registered. Further investigations are on.
Metal Machining Market To Grow By USD 18.43 Billion (2024-2028), Rising Oil And Gas Industry Demand Boosts Revenue, AI-Powered Report - Technavio
The holiday season has barely begun, but some of us are already getting ready for CES 2025. Shortly after New Year’s Day, many from the Engadget team will be packing our bags to fly to Las Vegas, where we’ll be covering tech’s biggest annual conference. As usual, our inboxes are already flooded with pitches from companies that are planning to be there, and our calendars are filling up with appointments for briefings and demos. Based on our experience, as well as observation of recent industry trends, it’s fairly easy to make educated predictions about what we might see in January. Over the years, the focus of the conference has spanned areas like TVs, cars, smart home products and personal health, with a smattering of laptops and accessories thrown in. At CES 2025, we expect to see AI get even more pervasive in all areas of the show floor. But we are also likely to get the usual slew of new processors and subsequent laptops, as well as all manner of wearables, trackers, bathroom appliances and massage chairs. Oh, the massage chairs. If you’re already looking ahead to 2025 and are studiously researching what might be coming in January, here’s a taste of what our team expects to see at the show. New video cards from AMD and NVIDIA There’s no doubt 2025 is going to be a momentous year for PC gamers. NVIDIA is expected to debut its long-awaited RTX 5000 video cards at CES, while AMD CEO Lisa Su has confirmed we’ll see next-generation RDNA 4 GPUs early next year . Of the two companies, AMD could use the upgrade more. Its last batch of Radeon 7000 cards were decent mid-range performers, but they lagged far behind NVIDIA’s hardware when it came to ray tracing, and AMD’s FSR 3 upscaling also couldn’t compete with NVIDIA’s AI-powered DLSS 3. "In addition to a strong increase in gaming performance, RDNA 4 delivers significantly higher ray-tracing performance and adds new AI capabilities,” AMD CEO Lisa Su said in an October earnings call. As for NVIDIA’s new hardware, a rumor from the leaker OneRaichu ( via DigitalTrends ) suggested that the RTX 5090 could be up to 70 percent faster than the RTX 4090. (That’s a GPU that I previously described as having “unholy power.” ) They also note that other “high level” cards could see 30 to 40 percent performance bumps. Those gains might be enough to tempt wealthy RTX 4090 owners to upgrade, but RTX 4070 and 4080 owners might want to skip this generation. For NVIDIA holdouts with RTX 3000 and earlier GPUs, though, next year may be the perfect time to upgrade. — Devindra Hardawar, senior reporter AI PCs round 2 Last year, I predicted that AI PCs would dominate CES, and that mostly turned out to be true. As 2024 rolled on, we saw even more powerful NPUs in chips from Intel, AMD and Qualcomm. Microsoft also doubled down on AI PCs with its Copilot+ initiative , which gave a big marketing push for artificial intelligence features and premium specifications (like having at least 16GB of RAM). Expect more of the same going into CES 2025, alongside even more AI being stuffed into every category of product imaginable. This year, in particular, PC makers are likely to gear up to take advantage of Windows 10 support ending next year . Instead of just upgrading your old computer to Windows 11, the likes of Dell and HP would rather you buy a whole new AI PC with the new OS pre-installed. While 2024 was a year of endless AI PC hype, 2025 might end up being a year of reckoning. Microsoft’s long-delayed Recall feature is slowly trickling out to more users, but it’s already showing some glaring security holes, like failing to scrub social security and credit card numbers from screenshots . We’ve also been mostly underwhelmed with Apple Intelligence’s image generation capabilities . PC makers have been eager to talk up the potential of AI-powered features until now, but in 2025 they’ll have to actually prove they can live up to their fantastical claims. — D.H. Earbuds that follow Apple’s lead on hearing health I’m fully aware not every audio company has the ability to build out a clinical-grade hearing test and hearing aid features in their apps. However, Apple’s recent update for the AirPods Pro 2 should inspire the competition to offer some form of hearing health tools on their flagship products. Jabra was probably the best equipped to do this since parent company GN has extensive hearing aid experience. Sadly, the company announced earlier this year that it wouldn’t make earbuds anymore . Samsung and Google could probably integrate something like what Apple made for the AirPods, given both companies’ existing health platforms. If they did, those announcements are unlikely to be made at CES, as both companies prefer to host their own standalone hardware events throughout the year. That leaves Sennheiser as the biggest audio company that consistently launches earbuds and headphones at CES. Last year, it showcased multiple new models , including one with heart-rate tracking for workouts. Plus, it already offers hearing assistance with dedicated devices like the true wireless Conversation Clear Plus . Those earbuds are more hearing focused than for general content consumption, so it would be great to see Sennheiser bring some features from that product to its flagship Momentum line of earbuds . Perhaps a Momentum True Wireless 4 Pro or Plus is in the cards, but the current model is just nine months old. Of course, there’s plenty of room for other companies to innovate here, and there will be no shortage of new earbuds in Vegas next month. We also tend to see a ton of assistive devices and technology launch at CES , from major accessibility companies like OrCam and all manner of smaller brands. I just hope some of the new tech includes more general hearing tools on the models most people will want to use. — Billy Steele, senior editor Vehicle electrification goes sky high As the growth of electric cars nears 10 percent of new models sold in the US, it’s easy to forget that wheeled vehicles aren’t the only kind of transportation seeing the shift to battery-powered propulsion. Flying taxis have been a mainstay of CES for the past few years, with concept vehicles from brands as large as Hyundai dotting the show floor in Vegas. Granted, these contraptions look more like giant drones with cockpits than anything the Jetsons ever dreamed up. But with companies like Archer Aviation and Joby Aviation pledging to actually launch eVTOL services (electric vertical take-off and landing) in 2025, the era of air taxis may have landed for real this time. — Sam Rutherford, senior reporter Expanded dialog improvement features on soundbars When it comes to the main aspects of soundbars, there really isn’t a ton of innovation from year to year. Heck, Samsung’s biggest update last year was the addition of HDMI 2.1 support to its flagship model, which should’ve been there already. Companies have also been focused on the transition to cable-free everything, whether that’s wireless Dolby Atmos or wireless transmission boxes . Audio enhancement features are a place where companies can really rise above the fray, and tools like Sonos’ TV Audio Swap and Bose’s Personal Surround Sound are great examples of this. A key area nearly every company can improve is dialog boost, a feature that raises the volume or separates spoken word from background noise and music for better clarity. Sonos made a huge leap in this regard on the Arc Ultra , offering two additional settings for its so-called Speech Enhancement. Previously, this was just an all-or-nothing toggle, which is how most companies handle their versions of this tool. Not only is the Sonos update customizable to a degree, it’s also just better, thanks in part to the redesigned architecture of its new premium soundbar. This is an obvious area where other companies can improve. LG and Samsung typically announce new soundbars at CES, and there are plenty of smaller companies that will debut some too. I’d love to see all of them take dialog enhancements a step further and at the very least give multiple options for how it’s applied. LG has been using AI Sound Pro from its TVs since 2021 and Samsung offers something called Adaptive Sound on its home theater speakers. I would expect them both to generally improve the quality of their features, but I’m hoping they’ll expand the capabilities too. — B.S.Nendah Tarke scores 24 to help Towson defeat Morgan State 64-60San Francisco Democratic Party leaders voted unanimously Wednesday to adopt a new set of sexual harassment and assault policies and code of conduct following allegations levied against prominent party members earlier this year. “The unanimous vote speaks to the strong coalition of collaborators we created with stakeholders from democratic clubs, survivors, experts, and advocacy groups,” said Lily Ho, the chair of the San Francisco Democratic County Central Committee’s special committee responsible for drafting the new rules, in a statement Thursday. “Next, we will focus on ensuring the integrity of implementation to see these policies to fruition.” The new policies outline proper procedures for identifying, reporting, recording, and investigating incidents of harassment and assault among the members of San Francisco Democratic clubs. Harassment- and assault-prevention trainings are now required, and the local party website will provide reporting forms and access to resources. The party governing body will also retain an independent evaluator who will decide if reported code-of-conduct violations warrant further investigation. Members of affiliated clubs spoke in favor of passing the guidelines during the public comment portion of Wednesday’s DCCC meeting. “All voices have come to the table, and we have been able to come up with a really inclusive and really amazing platform and amazing policy to move forward and change the culture of our democratic clubs and our party,” said Ernesto Cuellar, the vice president of the San Francisco Young Democrats. “As San Francisco Democrats, we have some of the most vulnerable folks to this kind of abuse that happens in our field of work in politics.” The DCCC formed the special committee in April following reports centered on a pair of prominent figures in the local party: former TODCO director Jon Jacobo and Kevin Ortiz, who was then the co-president of the San Francisco Latinx Democratic Club. That month, The San Francisco Standard reported that three women filed police reports accusing Jacobo of domestic violence and sexual assaults not long after he was publicly accused of rape in 2021. The Standard also reported in April that the DCCC’s announcement of “a recent second allegation against a current president of a chartered Democratic club” referred to Ortiz. In July, Zahra Hajee told the San Francisco Chronicle told police that Ortiz sexually assaulted her twice in 2021 . Ortiz stepped down soon after. “These changes reflect a commitment to building an environment where survivors can come forward without fear of retaliation or losing control of their narrative,” Hajee said in a statement Thursday. While voicing support for the new rules during Wednesday’s meeting, others also shared lingering questions about how the guidelines would be implemented moving forward, particularly as one of the penalties for not coming into compliance is a club losing its charter. All clubs are expected to adopt the new guidelines by May 2025. Dennis Hendricks, the vice president of communications for the Harvey Milk LGBTQ Democratic Club, suggested “decoupling” the new guidelines from “the chartering process so that the clubs can absorb this as a way to move this forward, separate from the punitive measure.” “The implementation is really a factor,” he added. “An ineffective implementation pushes all the rest of it kind of down the hill.” Nancy Tung, the chair of the San Francisco Democratic Party, acknowledged the months of work that went into drafting the policies by the special committee, but assured those concerned that the current version was not necessarily set in stone. “This is something that I think we should treat as a living document,” Tung said. “I don't think that anyone believes that it can't be improved in some way, shape or form, as we attempt to implement it.”
GREENVILLE, S.C. (AP) — Cooper Bowser scored 16 points as Furman beat South Carolina State 68-64 on Saturday. A jumper from Tom House gave Furman a 64-62 lead with 35 seconds remaining and the Paladins closed out the win by going 4-for-4 from the free-throw line. Bowser added three steals and four blocks for the Paladins (10-1). Eddrin Bronson scored 11 points while going 3 of 8 from the floor, including 2 for 6 from 3-point range, and 3 for 4 from the line. Nick Anderson had 11 points and shot 3 for 9 (1 for 5 from 3-point range) and 4 of 4 from the free-throw line. Drayton Jones led the Bulldogs (5-7) in scoring, finishing with 15 points. Omar Croskey added 13 points for South Carolina State. Davion Everett also had 12 points, 10 rebounds and three steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Stock market today: Nvidia drags Wall Street lower as oil and gold rise
, /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced the appointment of as Chief Financial Officer ("CFO"), effective . Sinha currently serves as Chief Financial Officer of LLC, a globally regulated payments company. He was previously Global Head of Product at T. Rowe Price Group, Inc., and also led the Wealth & Asset Management and Corporate Business Functions Practices at McKinsey & Company. " is a proven financial leader with a passion for strategy, transformation, and people leadership across professional services, financial services, and technology. Throughout his career, Nirupam has helped lead transformative financial management and value creation, all while advancing organizational growth, making him the ideal leader to create value for clients, colleagues and shareholders," said Heidrick & Struggles' Chief Executive Officer . "Nirupam has the strategic insight, leadership skills and deep experience to support Heidrick & Struggles as the world's most trusted partner in leadership and critical talent decisions, focused on building differentiated, deep and durable relationships with the world's most leadership-obsessed companies." "We are in a pivotal time when people and leadership can make or break a business, making the work at Heidrick & Struggles ever more important," said . "Heidrick & Struggles has long served at the heart of talent strategy and continues to innovate and expand its offerings in an increasingly transformative market. I believe we have an exciting road ahead as a firm and I'm honored to be a part of it. As Heidrick & Struggles continues to grow, I look forward to helping the Company continue to scale and deliver strong performance for our clients and shareholders around the world." is a tested leader with extensive experience across professional services, financial services, and technology. He currently serves as Chief Financial Officer of , a global payments company, where he oversees a team of more than 200 across Accounting, Treasury, Tax, FP&A, Investor Relations, and Strategy as well as other groups. Nirupam also served as the Global Head of Product at asset management firm T. , where his tenure also included senior Finance and Strategy roles. With nearly 20 years of experience, Nirupam has a proven track record of transforming finance functions, scaling organizational growth, and engaging across stakeholder groups. He began his career at McKinsey & Company in the Financial Services Practice and also worked at Serent Capital as a private equity investor. Nirupam holds a B.A. in Political Science from and an MBA from the Wharton School at the . Sinha is based in . Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory services and on-demand talent solutions, serving the senior talent and consulting needs of the world's top organizations. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, we partner with clients to develop future-ready leaders and organizations, combining our expertise in executive search, leadership consulting, and on-demand talent solutions to maximize client profitability and performance. Helping our clients change the world, one leadership team at a time.® Global Director, Public Relations Heidrick & Struggles View original content to download multimedia: SOURCE Heidrick & Struggles Get local news delivered to your inbox!Bareilly: In a tragic incident, three young men lost their lives when their car plunged off an unfinished bridge in Bareilly while relying on Google Maps for navigation. The victims, identified as Kaushal, Vivek, and Amit, were returning from a wedding late at night. Also Read: Teacher Dies by Suicide in Bheemunipatnam After Harassment in the Name of Love This heartbreaking incident underscores the urgent need for better coordination between technology platforms, local governments, and infrastructure authorities to ensure road safety. Drivers are also advised to exercise caution while relying solely on navigation apps, especially in adverse weather conditions.