With the digital world evolving so rapidly, McAfee stands with consumers to deliver leading online protection solutions
SAN JOSE, Calif., Jan 21 (Bernama-BUSINESS WIRE) -- Today, McAfee Corp. (NASDAQ: MCFE, “McAfee”), a global leader in online protection, provided an update regarding its pure-play consumer offering and the previously announced divestiture of its enterprise business. In July 2021, McAfee completed the sale of its enterprise business. This transaction allowed McAfee to singularly focus on its consumer business and accelerate its strategy to be the leader in online protection for consumers. “McAfee continues to safeguard the privacy, security and identity of our consumers as the digital world evolves rapidly,” said Gagan Singh, Executive Vice President & Chief Revenue and Product Officer, McAfee. “We continue to stand firm that meaningful protection is a personal right for consumers and have recently rolled out major updates and industry firsts, including McAfee Total Protection and Protection Score, that look out for consumers online, including their privacy and identity.” The McAfee Enterprise business was purchased by Symphony Technology Group (STG). STG announced late last year that it had also purchased FireEye, a separate intelligence-led security company. STG recently announced the launch of Trellix, the business emerging from the recent combination of McAfee Enterprise and FireEye. “STG was the right partner to help make this change for enterprise clients and employees, and we are looking forward to seeing the continued industry-leading impact that this newly combined company will have,” said Singh. “What hasn’t changed is that McAfee will continue to be at the side of consumers and partners around the globe.” McAfee continues to operate as usual, tirelessly working to protect consumers across the globe. We thank all our customers and partners for their continued loyalty and shared goal to confidently enjoy life online. About McAfee McAfee Corp. (Nasdaq: MCFE) is a global leader in online protection for consumers. Focused on protecting people, not just devices, McAfee consumer solutions adapt to users’ needs in an always online world, empowering them to live securely through integrated, intuitive solutions that protect their families and communities with the right security at the right moment. For more information, please visit https://www.mcafee.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20220120006089/en/ Contact Colton Hightower: [email protected] Source : McAfee Corp. --BERNAMA
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KUALA LUMPUR, Jan 20 (Bernama) -- Sweegen’s health and wellness commitment through global sugar reduction solutions became stronger after Codex Alimentarius (Codex), the international food standard safety authority, recently adopted the specifications for all four stevia technologies, including Sweegen’s bioconversion.
“We welcome the adoption of the Codex framework and the opportunity to support our customers globally with new sugar reduction innovations,” said Steven Chen, Sweegen’s chief executive officer. “Sweegen is proud to be part of this collaborative effort to bring much-needed innovation to the food and beverage industry,” he said in a statement. The significance of the adoption is that there is now a more streamlined approach to regional adoption of new production technologies, providing greater access to less common and better-tasting steviol glycosides at scale and a more sustainable supply of the sugar-like tasting ingredients. “With this framework, most countries in the world will gradually adopt this standard, and our global stevia footprint can expand more rapidly into countries where we are seeking approval for offering our pure, clean, and great-tasting Signature Bestevia ingredients produced by bioconversion,” said Luca Giannone, senior vice president of sales. Sweegen’s support for adopting the ‘Framework for Stevia Technology’ started four years ago as a member of the alliance group, the International Stevia Council (ISC). Adopting the framework was a stevia industry effort and collaboration internationally where Sweegen represented bioconversion technology. Under the new framework, all of Sweegen’s rebaudiosides are approved by Codex. Last year, Sweegen earned regulatory approval for its Signature Bestevia Reb M in Europe, which enables greater flexibility in satisfying regional preferences for sweetness and great taste. More details at www.sweegen.com. -- BERNAMA KUALA LUMPUR, Jan 19 (Bernama) -- OKX, which recently became the second largest cryptocurrency exchange in the world by spot trading volume, has announced a company-wide rebrand that reflects the dynamism and accelerating adoption of cryptocurrency.
“OKX is moving beyond the standard centralised exchange model to give our customers an end-to-end cryptocurrency experience,” said Chief Executive Officer of OKX, Jay Hao in a statement. “Our goal is to give customers the tools they need to easily and securely earn, transfer, and spend their wealth as they see fit, without intermediation from us.” Founded in 2017 as a cryptocurrency trading service, OKX has since amassed over 20 million users and expanded its suite of digital asset investing products to include OKX Earn, a tool for earning passive crypto income; an NFT marketplace and decentralised application discovery hub; and most recently, MetaX, OKX's new decentralised mode that features a cross-chain dashboard and self-custody Web 3.0 wallet for storing digital assets, including NFTs. This shift, as highlighted by the company’s name change from OKEx to OKX, reflects the platform’s growing number of wealth creation opportunities beyond the exchange, which investors use to trade hundreds of digital assets on spot, margin and derivatives markets. As part of the move, OKX has declared its mission to be “to remove barriers to wealth creation by giving you access to everything our decentralised future holds.” This underscores the platform’s ongoing evolution towards decentralisation, which includes giving investors the option to self-custody their digital assets. Distinct from other centralised cryptocurrency exchanges, OKX is committed to gradually decreasing the company’s level of involvement in user activity, with the ultimate goal of shedding intermediation entirely. -- BERNAMA KUALA LUMPUR, Jan 17 -- Crypto investment platform BitMEX has welcomed Raphael Polansky as its new Chief Operating Officer (COO). As COO, Polansky is in charge of managing the company’s operations and infrastructure, driving business growth and market expansion, and transforming BitMEX into a full crypto investment ecosystem. According to a statement, Polansky reports directly to BitMEX’s Chief Executive Officer, Alexander Höptner. “I’m thrilled to have Raphael join our leadership team as COO. His wealth of crypto, financial markets, and management experience is proving to be instrumental in delivering greater operational efficiency, coordination, and synergy during the next phases of our growth,” said Höptner. Meanwhile, Polansky said: “I’m grateful for the opportunity to drive the continued growth of BitMEX. We have a strong pipeline of projects planned for 2022 and beyond, and a solid team of talented and innovative people with a common goal of building a better global financial ecosystem.” Prior to joining BitMEX, Polansky was Managing Director at Blocknox for almost two years, where he set up and operated its crypto custody platform, and led the company’s business strategy, IT development, and operations. Having worked in leadership positions at Boerse Stuttgart and Deutsche Boerse, he brings almost one and a half decades of high-level management and financial markets experience. BitMEX is a trading platform that offers users access to the global digital asset financial markets. -- BERNAMA KUALA LUMPUR, Jan 14 -- Global credit rating agency, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of ‘a’ (Excellent) of South China Insurance Co Ltd (South China Insurance) Taiwan.
The outlook of these Credit Ratings (ratings) is stable, according to a statement. The ratings reflect South China Insurance’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. South China Insurance’s risk-adjusted capitalisation remained at the strongest level at year-end 2020, as measured by Best’s Capital Adequacy Ratio (BCAR). The company’s adjusted capital and surplus, including special reserves provisioned for the non-compulsory auto liability insurance business, continued to grow in 2020 and 2021, supported by partial retention of earnings and capital gains, while its statutory solvency ratio remained at a healthy level. The company’s investment portfolio remained liquid and diversified with majority of the invested assets in investment grade bonds and cash. The company continues to manage its currency risk in its investment portfolio through currency hedging. South China Insurance continues to be profit generating in 2020 and as of the third quarter of 2021, supported by positive underwriting and investment results. The company remains a medium-sized insurer in Taiwan’s non-life market. Its underwriting portfolio remains moderately diversified with a majority of its business in motor business. While motor business continues to contribute to the majority of the premium growth in 2020, casualty and personal accident and health business also exhibit a good level of growth momentum in 2020. The company continues to source its revenue from a diversified distribution network while leveraging cross-selling opportunities more broadly with its affiliates in Hua Nan Financial Holdings Co Ltd. More details at www.ambest.com. -- BERNAMA |
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