Daily Archives: June 5, 2018

TYAN stellt auf der Computex 2018 die neusten HPC-, Speicher- und Cloud-Serverplattformen mit skalierbaren Intel Xeon-Prozessoren vor

TAIPEH, Taiwan, 6. Juni 2018 /PRNewswire/ — TYAN®, ein branchenführender Design-Hersteller von Serverplattformen und ein Tochterunternehmen der MiTAC Computing Technology Corporation, stellt auf der Computex 2018 in Taipeh, Taiwan, bis zum 9. Juni seine umfassende Palette an HPC-, Cloud-C…

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On World Environment Day, The Travel Corporation Announces Commitment to Eliminate Single-Use Plastics by 2022

The Travel Corporation LogoDELRAY BEACH, Fla., June 5, 2018 /PRNewswire/ — In order to continue to ensure that the environment remains vibrant for generations to come, The Travel Corporation (TTC) today announced for World Environment Day that over the next five years it will phase out all single-use plastics from…

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Alta Motors Defies the Odds and Makes History at the Erzberg Rodeo

EISENERZ, Austria, June 5, 2018 /PRNewswire/ — Alta Motors, the leader in performance electric motorcycles, made two-wheel history as the first electric motorcycle factory race team to qualify for the Erzberg Rodeo. Ty Tremaine and Lyndon Poskitt rode the next generation of Alta’s…

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Lifshitz & Miller LLP Announces Investigation of Cadus Corporation, CYS Investments, Inc., Gener8 Maritime, Inc. KLX Inc., OPKO Health, Inc., Recro Pharma, Inc., Vectren Corporation and Xcerra Corporation

NEW YORK, June 5, 2018 /PRNewswire/ —
Cadus Corporation (KDUS)
Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Cadus to Starfire Holding for $1.61 per share.
If you are a Cadus investor, and…

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Facebook Is Finally Putting Music Back Into Social Networking

Two billion new revenue streams just opened up for the music industry in the form of Facebook’s user base, which on Tuesday announced the rollout of several official music features on its immense, globe-spanning platform.

Starting Tuesday, Facebook users in select countries can add songs to the videos they share and post; in addition, a new feature called “Lip Sync Live” will allow people to – surprise – lip sync songs live. Plans are also in the works to bring both to more markets in the near future. “Together with the music industry, we are working to enable people around the world to include music in their videos on Facebook, opening up more options for creativity and sharing memories with friends and family,” two of the company’s executives said in a blog post debuting the two new tools.

Such features have been highly anticipated ever since Facebook started striking licensing deals with major publishers and record labels earlier this year. In March, after solidifying “holistic” partnerships with Sony/ATV, Universal and Warner Bros. and essentially snagging the rights to use every mainstream song in existence, the social media giant announced that users could expect to bolster their experiences on the platform with their favorite tracks soon. 

Music aficionados will rejoice at the new offerings, as the sharing of music has been sorely shunted aside in the social-media stratosphere since MySpace sputtered out in the late-2000s. The deals also mean that people who play music in Facebook videos won’t have to worry about copyright infringement, which is still a thorny issue with user-generated videos on other sites like YouTube.

But for the music business, Facebook’s new features mean something else: money. While Facebook hasn’t disclosed financial details of its deals with record companies, licensing entire catalogs is a mightily expensive endeavor, churning out substantial royalties for rights-holders. (That’s the reason Spotify, despite being the biggest music-streaming service in the world, still can’t turn a profit.) Warner’s chief digital officer said in March that Warner’s deal with the social media company will “expand the universe of music streaming and create supplementary revenue for artists”; others in the industry have also lauded the potential windfall for artists and other rights-holders.

Facebook’s audience – which, at the latest count, stands at a mighty 2.2 billion active users, easily dwarfing Spotify’s 160 million users or Apple Music’s 40 million users – also represents an immense opportunity for artists to gain exposure. The company’s new lip-syncing feature is expected to be a direct competitor to Musical.ly, a karaoke app that’s proven wildly popular among teenagers; if that takes off, it’ll offer artists another discovery platform upon which to surface their music and draw in more fans.

Facebook hinted in its Tuesday blog post that there is more to come, saying that it will soon start testing options for adding music to Facebook Stories. It’s also working with the music industry to find new ways of injecting music into the “Facebook family of apps” – a genealogy that includes Messenger, Instagram and Oculus as well as the flagship Facebook platform. 

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Impax Laboratories, LLC Announces Results of Tender Offer for 2.00% Convertible Senior Notes Due 2022

HAYWARD, Calif., June 5, 2018 /PRNewswire/ — Impax Laboratories, LLC (“Impax” or the “Company”), a wholly-owned subsidiary of Amneal Pharmaceuticals, Inc. (NYSE: AMRX), announced today the final results of its previously announced cash tender offer (the “Offer”) to repurchase any and all…

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Paramount Software Solutions Receives The New ISO 9001:2015 Certification

ALPHARETTA, Ga., June 5, 2018 /PRNewswire/ — Paramount Software Solutions, one of Georgia’s leading and proven IT Services firm providing world-class technical and IT recruiting solutions in public and the private sector in the US, has achieved the certification to the new ISO 9001:2…

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Bed Bath & Beyond Inc. Announces Senior Management Changes

UNION, N.J., June 5, 2018 /PRNewswire/ — Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced today a number of key senior management changes in connection with its ongoing business transformation.
Eugene A. Castagna, 52, has been named President & Chief Operating Officer (COO)….

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VCHR and Virginia professors push back against questionable textbook changes by Israel advocacy organizations

RICHMOND, Va., June 5, 2018 /PRNewswire-USNewswire/ — The Virginia Coalition for Human Rights (VCHR) and prominent Virginia college and university professors on May 30 demanded publishers protect the quality and accuracy of history and social studies textbooks used in K-12 classrooms…

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Real Estate Search Engine Powered by Artificial Intelligence

ITRealtyTORONTO, June 5, 2018 /PRNewswire/ — Yuriy Setko – realtor, professional programmer, and developer of itrealty.ca has revolutionized how realtors, buyers and sellers alike can search, find and evaluate properties to fulfill their requirements.
ITRealty intelligently analyzes the…

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