News Hub | News Direct

Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
Article thumbnail Digital Asset Direct

QYOU India's QPlay+ Expands Connected TV Distribution Via Global Partnership with Coolita

QYOU Media

Contact Details Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.valuethemarkets.com

October 30, 2023 09:30 AM Eastern Daylight Time

Video
Article thumbnail News Release

Realbricks Aims To Overcome Property Value Barriers In Real Estate Investing For Passive Income

Benzinga

By Faith Ashmore, Benzinga Begin your real estate investing journey on the Realbricks website! The COVID pandemic has arguably changed the real estate landscape in many ways, and the effects of the post-pandemic boom still persist. The vacation real estate market has experienced increased investment and growth in the post-COVID era. The pandemic led to a surge in interest and demand for vacation properties and more people now prioritize safe and private getaways. According to industry statistics, the vacation rental industry's market value increased by 22.76% from 2020 to 2021. With the low-interest rate environment during COVID-19, many Americans took advantage of the favorable conditions and invested in vacation properties. Sales of vacation homes surged, outpacing the growth in total existing home sales in 2020. The National Association of Realtors reported a 16.4% rise in vacation home sales in 2020, compared to a 5.6% growth in total existing home sales. At the beginning of 2021, about 60% of properties were sold above their advertised prices as a result of the "race for space" among homebuyers. However, many claim that is not just the vacation real estate market that is experiencing growth. Despite some ups and downs in the market, more and more people are looking to rent which makes investing in the rental real estate market attractive. Approximately 41% of Americans are choosing to rent, and rental properties are experiencing an increase in demand based on migration patterns. The apartment rental market in the U.S. was worth $258.4 billion in 2022 and has displayed consistent growth over the past five years. The U.S. alone makes up over 10% of the world’s residential value at an estimated market size of $2.53 trillion in 2023 and is also the world’s largest commercial property market. But even though the market is attractive in many ways, a large portion of investors have historically only had limited access to it due to barriers to entry such as the high amount of investment required – until now. Realbricks is a proprietary technology company that has recognized the increased interest in real estate and aims to democratize real estate investing. The company created a platform that makes real estate investment accessible to anyone, anywhere, empowering individual investors to participate in the real estate short-term rental market. The company seeks to enable people to express their interest in investing in vacation rentals like Airbnbs, long-term rentals, and multifamily properties without ever having to talk to a realtor. Its fractionalized approach to real estate means investors can express their interest to fractionally own rental homes, vacation rentals, and specialty furnished properties that they would otherwise not have access to. Traditionally, real estate investment has been limited to those with significant financial resources and industry connections. Realbricks seeks to disrupt this paradigm by allowing investors to build their real estate portfolios "brick by brick," enabling fractional ownership of properties. Realbricks believes that democratizing real estate investment not only benefits individual investors but also has positive social and economic consequences. The company says that opening up real estate investment to a wider population can support the growth of local communities. As more people invest in properties, Realbricks believes neglected neighborhoods can undergo revitalization, leading to improved living conditions, increased employment opportunities, and enhanced urban development. Expanding investment opportunities also empowers individuals to take control of their financial futures. Real estate has the potential to generate passive income streams and build wealth over time. By enabling more people to invest in real estate, we provide them with an additional avenue for financial security and independence, reducing their reliance on traditional employment and fostering economic empowerment. At the heart of Realbricks' philosophy is its commitment to simplicity and security. The company aims to have its platform prioritize user experience, offering a straightforward login and setup process that caters to both seasoned investors and newcomers to the investment world. However, the company has taken steps to ensure this emphasis on simplicity does not compromise security. All user data is encrypted, and Realbricks aims to provide users with peace of mind as they explore the wide range of fractional investment opportunities available on the platform. To learn more about Realbricks, click here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 30, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

Visa, Inc. Chairman Al Kelly Asked to Revoke Black Lives Matter Endorsement

NLPC

The following letter was sent today by Peter Flaherty, Chairman of the National Legal and Policy Center, to Alfred F. Kelly, Jr., Executive Chairman of Visa, Inc.: The Visa Inc. website still carries your July 15, 2020, endorsement of Black Lives Matter (BLM). We ask that it be taken down. We raised the issue of your BLM support at the 2023 Visa, Inc. annual meeting, but you ignored us. In the wake of the October 7 Hamas attack on Israel, BLM has shown its true colors. There is more than one entity that calls itself BLM, but the movement has made it clear where it stands. Please be aware: The Chicago chapter of BLM Grassroots tweeted imagery of a hang glider with a Palestinian flag, captioned “I Stand With Palestine.” Hang gliders were used by Hamas terrorists in the murder and hostage taking of innocent civilians attending the Tribe of Nova music festival. The BLM Grassroots national organization issued a “Statement in Solidarity With the Palestinian People” against the backdrop of the Palestinian flag. It read in part, “When a people have been subject (sic) to decades of apartheid and unimaginable violence, their resistance must not be condemned, but understood as a desperate act of self-defense." BLM Global Network Foundation (BLMGNF) co-founder Patrice Cullors, called for an “end of the imperialist project known as Israel” at Harvard Law School in 2015. Additionally, as detailed in a series of Complaints we filed with the Internal Revenue Service, BLMGNF is plagued by high living and self-dealing by its past and present leadership. Cullors, a self-proclaimed Marxist, resigned after we exposed the fact that she owned four homes. In the past, you have been eager to involve Visa, Inc. in controversial issues that have nothing to do with the company’s core business, but you have not yet condemned the Hamas attack or antisemitism. We ask that you do so without further delay. ### Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

October 30, 2023 07:40 AM Eastern Daylight Time

Article thumbnail News Release

Connected TV Boom Creates Far-Reaching Opportunities

QYOU Media Inc

ValueTheMarkets News Commentary - In recent years the smart TV market has evolved from traditional digital TVs to more intelligent versions. Now there is a range to choose from with operating systems split between mainstream brands' own systems and open-source operating systems. This article discusses the opportunities this setup affords to a variety of companies including Sony Group Corp (NYSE: SONY), Microsoft (NASDAQ: MSFT), Roku (NASDAQ: ROKU), and QYOU Media (TSXV: QYOU) (OTCQB: QYOUF). Companies providing hardware that forms part of the Connected TV (CTV) landscape include Sony Group Corp, Microsoft, and Roku. Meanwhile, open-source operating system (OS) providers like Coolita in India have companies like Panasonic, Croma Electronics and French consumer electronic brand Thomson using its OS. The rise of major hardware and open-source OS providers in the CTV space creates significant opportunities for small and medium-sized businesses in the media and entertainment sector. For starters, the widespread adoption of CTV platforms expands the potential audience for these businesses, making it easier to get their content in front of viewers who are increasingly cutting the cord with traditional TV. QYOU Media (TSXV: QYOU) (OTCQB: QYOUF) is one such company that operates in India and the United States. Coolita recently partnered with QYOU India's QPlay+ to expand its Connected TV distribution via a global partnership. As a part of this strategic alliance, Coolita users in India and across the globe, through their wide range of smart TV sets, including COOCA, METZ, Panasonic, Croma, Thomson and others, will have simple access to stream QYOU Media India's growing portfolio of FAST channels – including The Q, The Q Kahaniyan, Q GameX, Sadhguru TV, and Bollywood Hungama Live on a free ad-supported basis. Early on, Coolita recognized an opportunity for a cost-efficient, user-friendly, and flexible OS in a receptive market. Indeed, the Connected/Smart TV market is booming, with 90% of TVs sold in India last year being Smart TVs. Global ad revenues in this space also surged, hitting $25.9 billion and marking a 13.2% CAGR in 2023. This growth enhances the viewer experience by offering high-quality, localized content. Sony Group Corp (NYSE: SONY), through its Home Entertainment and Sound division, produces LCD televisions, home audio, Blu-ray Disc players and portable audio devices. When it comes to hardware, Sony's TV range is top-class. An 8K TV is four times sharper than a 4K TV and 16 times sharper than a standard 1080p HDTV. This high resolution allows for incredibly detailed and lifelike images, giving viewers an immersive experience. Typically, 8K TVs also incorporate advanced technologies like HDR, wider color gamuts, and faster refresh rates, elevating the overall picture quality. While 8K content is still limited, the TVs usually employ upscaling algorithms to enhance lower-resolution content. The Z9K from Sony stands as a premier 8K TV, epitomizing visual brilliance. Additionally, Sony's 2023 Bravia XR TVs bring forth superior image processing. All Sony TVs from 2023 run Google TV, which offers user-friendly navigation and integrates seamlessly with services from Apple and Amazon. Microsoft (NASDAQ: MSFT) aims to drive digital change using smart cloud and edge technology. Its goal is to help everyone and every business globally succeed. Microsoft's primary focus in the entertainment hardware space is its Xbox gaming console series. The Xbox consoles, while primarily designed for gaming, offer streaming capabilities and apps that allow users to access various streaming platforms, effectively turning them into a part of the Connected TV ecosystem. The Xbox serves as a multimedia device, allowing users to stream movies, TV shows, and other content in addition to playing games. In its fiscal 2024, Q1 earnings report Microsoft reported better-than-expected subscriber growth in Xbox Game Pass as well as first-party content, primarily due to the launch of a game called Starfield. Xbox content and services revenue increased 13% and 12% in constant currency, while Xbox hardware revenue declined 7% and 8% in constant currency. Roku ( NASDAQ: ROKU) introduced streaming to TV. It connects users to their favorite content, helps content creators grow and profit from their audiences, and offers advertisers unique ways to reach consumers. Roku TV TM models, streaming players, and related audio devices are sold in various countries, either directly or through licensing with TV brands. Roku's recent Video on Demand (VOD) Evolution study highlights Canadian TV streaming habits. Now, 75% of Canadian internet users choose TV streaming, making it the most favored TV source. Ad-supported TV streaming has seen a rapid rise, with 59% watching it in the past year, a significant increase from 42% the previous year. Additionally, 63% plan to watch ad-supported streams in the coming year. This shift benefits advertisers, offering better targeting and flexibility. Ad engagement on streaming platforms is high, with many viewers responding by visiting brand websites or seeking more product information. This study shows that TV streaming presents unique opportunities for advertisers to effectively reach their audience. The CTV landscape touches a multitude of companies, and Sony, Microsoft, Roku, and QYOU Media are just a few of them. Curt Marvis, CEO of QYOU Media continues to view the CTV space as a strong area for growth in India and beyond in the years ahead. He notes "the partnership with Coolita allows QYOU to further strengthen its digital presence on connected TVs in India while also offering unique curated channels to a global audience." IMPORTANT NOTICE AND DISCLAIMER PAID ADVERTISEMENT This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the "Publisher") is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by QYOU Media Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and twenty five thousand US dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher's ability to provide unbiased information or opinion. CHANGES IN SHARE TRADING AND PRICE Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. NO OFFER TO SELL OR BUY SECURITIES This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. INFORMATION Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. This communication is based on information generally available to the public and on an interview conducted with the company's CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views. NO FINANCIAL ADVICE The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual's financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company's SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. FORWARD LOOKING STATEMENTS This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company's actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company's operations; the size and growth of the market for the company's products and services; the company's ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company's business. INDEMNIFICATION/RELEASE OF LIABILITY By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. TERMS OF USE AND DISCLAIMER By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www.valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications. INTELLECTUAL PROPERTY All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com. AUTHORS: VALUETHEMARKETS valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. Contact Details ValueTheMarkets +44 141 530 4080 editor@valuethemarkets.com Company Website https://www.valuethemarkets.com

October 27, 2023 11:16 AM Eastern Daylight Time

Article thumbnail News Release

James McDevitt, Head of Equity Sales & Trading at Roberts & Ryan, Inc., is selected by Irish America Magazine for its 26th Annual Wall Street 50

Roberts & Ryan, Inc.

Roberts & Ryan, Inc., America’s first Service-Disabled Veteran-Owned Broker Dealer, is proud to recognize James McDevitt for his selection to Irish America Magazine’s 26th Annual Wall Street 50. The magazine’s Wall Street 50 recognizes the outstanding accomplishments and success of the best and the brightest Irish American and Irish-born leaders of the financial industry. Mr. McDevitt will be honored at the magazine’s gala dinner on Monday, October 30, 2023, at The New York Yacht Club. Jim’s Irish heritage can be traced back to both sets of Grandparents who emigrated to the United States in the late 1920’s. The McDevitt side from County Derry, and the maternal side from County Clare. Ireland and all things Irish have always been highlighted at family events, the history, and the luck that found the family in NYC. Mr. McDevitt is head of Equities Sales & Trading, Capital Markets at Roberts & Ryan, Inc., with an expertise in equity trading. He is a graduate of Oneota State College in New York, where he received his Bachelor of Arts degree, with a focus on American History. He also studied Technical Analysis at the New York Institute of Finance. Jim was a specialist on the floor of the New York Stock Exchange (NYSE) for 25 years, rising to become a partner at MJ Meehan & Co, and then as a Senior Vice President with Bank of America Specialists. During his career, Jim managed the trading post for marquee NYSE listed securities including Citibank, Walmart, Colgate, Sprint, McDonald’s, and JP Morgan. Jim spent three years at Academy Securities as a Managing Director selling fixed income and equity services to Corporate Treasurers. Jim has been involved in a number of charities and is a Board Member of Roberts & Ryan, Inc. He resides in Long Branch, NJ with his wife Nancy. They have three children, Patrick, Jennifer, and Colin. About Roberts and Ryan, Inc. Roberts & Ryan, Inc. is a Service-Disabled Veteran Owned (SDVO) broker dealer providing services in debt and equity capital markets, equity and fixed-income secondary trading, as well as corporate access events. The firm was founded in 1987 by a United States Marine Corps Vietnam combat veteran and Purple Heart recipient. With over $1.8 million in committed donations since 2018, Roberts & Ryan is active in donating to charitable foundations that make significant positive impacts in the lives of veterans and their families, focusing on general wellness, mental health, and career transition. To learn more about Roberts & Ryan, please visit www.roberts-ryan.com. Contact Details Michael C. Del Priore +1 646-859-4061 mdelpriore@roberts-ryan.com Company Website https://www.roberts-ryan.com

October 27, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

BingX Releases Comprehensive Update of 4th Quarter 2023 Crypto Analysis and Highlights STORJ

BingX

SINGAPORE - Media OutReach - 27 October 2023 - BingX, a leading cryptocurrency exchange, is excited to announce the release of the highly anticipated Version 2 of its 4th Quarter 2023 Crypto Report. This updated report offers an in-depth examination of cryptocurrency price analysis and spotlights high value projects, building upon the success of its predecessor. The reports anticipates increased volatility for Bitcoin in Q4 2023. However, the potential approval of ETFs and ongoing economic uncertainty in the U.S. suggest a Bitcoin rebound during the fourth quarter of 2023. Version 2 of the 4th Quarter 2023 Crypto Report by BingX provides detailed insights and updates into cryptocurrency market performance and uncovers some of the most promising projects in crypto space. Projects featured in this report include updates on ARB price, ANT price, AAVE price and STORJ price. The report suggests that 2024 and 2025 could potentially be the final bull markets for Bitcoin with significant price increases, especially in the sector of DeFi. BingX's Version 2 of the 4th Quarter 2023 Crypto Report builds on the success of its previous edition of Token Price Analysis V1, offering fresh insights into the dynamic cryptocurrency market. This comprehensive resource empowers investors and enthusiasts with expert analysis and information to make informed decisions with recent BTC price movements and general consensus. About BingX BingX is a leading cryptocurrency exchange offering spot, derivatives, grid, and copy trading services to users in over 100 countries and regions worldwide. With a user base of over 5 million, BingX facilitates connections between users, expert traders, and the platform itself in a secure and innovative manner. Contact Details BingX media@bingx.com Company Website https://bingx.com/en-us/

October 26, 2023 10:05 PM Eastern Daylight Time

Article thumbnail News Release

How Elicio Therapeutics Is Taking A Different Approach To Treating Cancers Like Colon Cancer, Expected To Be The Leading Killer Cancer By 2030

Benzinga

By Jeremy Golden, Benzinga Founded in 2011, Elicio Therapeutics Inc. (NASDAQ: ELTX) strives to use precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Elicio’s proprietary Amphiphile or “AMP” platform differentiates the company through the development of cancer immunotherapies for patients with limited treatment options and often poor outcomes. As the foundation for the various vaccine candidates in the biotech company’s pipeline, the AMP platform will help Elicio combat cancer and other diseases. Groundbreaking Platform Therapeutic vaccines are designed to train the immune system to recognize and destroy cancer cells by targeting tumor-specific antigens. These molecules are present on the surface of cancer cells, allowing the immune response to differentiate them from healthy cells. Tumor biology is complex, and it is difficult to identify effective target antigens. This is, in part, because the tumor microenvironment suppresses immune activity. Differentiating itself from competitors, Elicio Therapeutics is attacking this challenge head-on by re-engineering the body’s immune response to defeat cancer with potent lymph node-targeted immunotherapies and vaccines. Elicio’s AMP platform combines expertise in materials science and immunology to develop novel immunotherapies, including cell therapy activators, immunomodulators, adjuvants and vaccines to treat many aggressive cancers. The platform was first developed in the lab of Darrell Irvine, Ph.D., whose work as a Howard Hughes Medical Institute investigator and professor at the Koch Institute for Integrative Cancer Research at MIT has put him at the forefront of the field. A clinical-stage biotechnology company, Elicio Therapeutics has developed multiple cancer vaccine candidates, including: ELI-002 for KRAS-driven cancers caused by a mutation of the KRAS gene; ELI-007 for cancers involving mutant BRAF gene; and ELI-008 for cancers involving p53 hotspot mutations. “Looking to the future, our focus is on developing ELI-002 as a treatment for mutant KRAS (mKRAS)-driven cancers,” Chief Executive Officer Robert Connelly said in June after a reverse merger with Angion Biomedica Corp. “We are conducting clinical studies evaluating the 2-peptide and 7-peptide formulations of ELI-002 and are encouraged by the interim data that will be presented at ASCO, supporting ELI-002’s potential clinical utility in patients with high relapse risk pancreatic and colorectal cancers.” Vaccinating Against Cancer The Pancreatic Cancer Action Network estimates that about 95% of pancreatic cancer patients have the KRAS mutation, an error in a protein in normal cells that has the potential to cause cancer. By specifically targeting the KRAS mutation, prominent in patients with pancreatic and colon cancer, Elicio Therapeutics’ lead asset, ELI-002, is more promising than others in the clinical trial phase. Though further studies are needed to confirm its efficacy, the shot could improve survival for colon cancer, expected to be the number one cause of cancer deaths for people between 20-49 years of age by 2030, and pancreatic cancer, which has just a 12% survival rate after five years. Unlike other experimental cancer vaccines in development, the shot won't have to be customized to each patient, making it more affordable and readily available. Preclinical trials have shown that Amphiphiles target and concentrate an array of different immunogens in the lymph nodes, resulting in tumor or pathogen-targeted immunity. In one trial, an Elicio Therapeutics vaccine was given to patients with pancreatic and colorectal cancers. The results were promising, with 77% of patients experiencing a reduction in biomarkers that show the persistence of tumors. 32% of patients completely cleared those biomarkers. Elicio Therapeutics seems to be leading the charge toward vaccination against cancer. By combining expertise in immunology and immunotherapy, Elicio is precisely targeting and fully engaging the lymph nodes, the site in our bodies where the immune response to cancer is orchestrated. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

How Lytus Technologies (NASDAQ: LYT) Is Expanding Its Footprint From India To The USA

Benzinga

By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. That’s a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telemedicine and OTT platforms, leveraging its 5,000-kilometer network of installed fiber and broadband infrastructure to serve more than four million users in India and the USA. As one of the few Indian companies listed on the NASDAQ, Lytus potentially provides investors with a unique opportunity in the growing Internet market in India. Potentially Big Market Opportunity The opportunity for Lytus Technologies is large. India has the second largest pay-TV market in the world and the highest fintech adoption rate globally. The telehealth and telemedicine market in India is forecasted to reach $285.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 26.6% over 2022-2030. That strong demand is showing up in Lytus’s results. The company, which was founded in 2017, has achieved positive EBITDA and $20 million in revenue. The market opportunity seems similar to China where Alibaba Group Holding Ltd. (NASDAQ: BABA), the e-commerce giant, dominates by leveraging its vast platform. As a company operating a similar model to the commerce giant, Lytus hopes to emulate AliBaba’s success in India. Lytus' business model is potentially disruptive but easily repeatable and scalable across geographies. Its recent launch of Lytus Studios is an example of how the company is leveraging technology to give consumers and businesses advanced internet services. Lytus Studios is a content creation and technology services business bringing virtual reality, augmented reality, mixed reality and extended reality to the film, video, commercial, corporate and digital markets. Growing Demand For Fintech Services Lytus Technologies has also forayed into fintech. The company recently launched a payment gateway for consumers in India. The initial rollout is focused on a B2B model, but it plans to expand the payment service to individual users in the next 12 months. Recognizing the big market opportunity, the company is investing $50 million to grow its fintech business in India during the next five years. Like the other markets it enters, technology underpins all its offerings and sets it apart from its rivals. "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards and leverage the features to develop good financial habits and achieve their long-term goals," said Huzaefa Lokhandwala, CEO of Lytus Fintech. The fintech opportunity alone is large given India is one of the fastest-growing fintech markets in the world, expected to hit $2.1 trillion by 2030 growing at a CAGR of over 18%. Acquisition Makes It Happen Lytus’s expansion is helped by its acquisition of a 51% stake in Sri Sai Cable and Broadband Private Ltd., the regional Multi Service Operator (MSO) based in Telangana, India. The MSO has a subscriber base of more than one million, giving Lytus Technologies a bigger presence in the Indian market. With 5G rolling out in India, Lytus Technologies is only scratching the surface in terms of what internet services it can offer. With 5G it can reach more customers, deliver enhanced connectivity, support a multitude of devices, introduce new and immersive applications and ultimately provide a superior broadband experience. All of that almost ensures it gets more subscribers as it attempts to become the Alibaba of internet streaming. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

NFT Artist Set to Open a New Art Gallery in Soho

Doctor Troller

Renowned digital artist Andrew Brown, famously known as Doctor Troller, is thrilled to announce the opening of his innovative art gallery in Soho. The gallery, opened its doors in October and prominently features works from acclaimed artwork collections including The Shifters, Crocs League, and Skull Squad. Art enthusiasts and followers of Doctor Troller will have the unique opportunity to experience his digital artistry in person while emerging artists are also invited to showcase their work in this avant-garde space. This initiative embodies Doctor Troller’s continuous endeavor to foster a vibrant community of digital art lovers and creators, bridging the virtual and physical realms of artistic expression. Doctor Troller’s Voyage from Streets to Screens Doctor Troller has a raw, unfiltered journey that morphed a street troller into a digital art mogul. His growth is a testimony to the boundless realms creativity can venture into when fueled by audacity and a touch of rebellion. His artwork, now celebrated globally, finds its roots in the bustling streets of London. In May 2021, Andrew Brown's experiment in Soho’s Berwick Street dubbed the ‘Honest Gallery’, saw £4,000 worth of artwork displayed openly, inviting passersby to pay what they wished. By day's end, all pieces were taken with not a penny in the collection box. “It was an experiment in human nature to see if we could expect people to do the right thing and in Soho, it was a dismal failure," remarked Brown. Despite the setback, the spirit of philanthropy persevered, with the intended charity donation honored. This experience, a blend of audacity and altruism, subtly shaped the ethos of the forthcoming gallery, where inclusivity meets edgy digital artistry. From Digital Disruption to Artistic Elevation Forged in the buzzing core of London’s art scene, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy". As the art world converges at his Soho gallery, spectators are in for an experience that transcends mere visual appeal, diving into a narrative that’s as edgy as it is evocative. The gallery isn’t just a showcase of Doctor Troller’s celebrated collections - The Shifters, Crocs League, and Skull Squad, but an invitation to emerging artists to be part of a narrative that challenges, disrupts, and evokes. Doctor Troller’s ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. Location: 54 Poland St, London W1F 7NJ, United Kingdom doctortroller.com Contact Details Doctor Troller +44 333 355 3548 maya@cryptocurrencysource.com Company Website https://www.doctortroller.com/

October 25, 2023 11:25 AM Eastern Daylight Time

Image
1 ... 6465666768 ... 348