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Octa sponsors three charity projects in celebration of Ramadan

Charity activities are an essential part of Ramadan celebrations. Octa seized this opportunity to implement a series of socially beneficial initiatives worldwide. Read about the projects the broker carried out in Indonesia, Malaysia, and Nigeria.


No better time to contribute to the social good than Ramadan

KUALA LUMPUR – Media OutReach Newswire – 14 June 2024 – Octa, a financial broker operating in many regions under globally recognised licences, supported several charity initiatives in various countries to celebrate the holy month of Ramadan in 2024. Annually observed by more than two billion worldwide, Ramadan is a sacred time for all Muslims, offering an outstanding opportunity to do righteous deeds and achieve social benefit.

Octa

True to its long-time ambition to support charity efforts in various geographies, Octa participated in the Ramadan 2024 celebrations by sponsoring educational charity projects in Indonesia, Malaysia, and Nigeria.

Indonesia: sponsoring school renovation
In Indonesia, Octa’s charity project covered the renovation of SD NEGERI DEPOK, a school in Depok City, West Java. The school renovation included strengthening associated structures, which was instrumental in ensuring the safety and comfort of students.

The project aimed to improve and expand the local educational infrastructure to address the increasing number of students in the region. Another key objective was to provide moral encouragement to students and motivate them to be proactive in pursuing knowledge and studying science.

By providing better infrastructure to Indonesian school children through its charity initiatives, Octa contributes to the betterment of education and society in the region.

Malaysia: organising a coding bootcamp
In Malaysia, Octa finances a coding bootcamp for students of Ideas Academy, an inclusive secondary school in Kuala Lumpur that focuses on providing young people from diverse backgrounds with a well-rounded academic and extra-curricular education. Three blocks of educational sessions will take place between June and November 2024 on campus and online for students aged 16 and above. The bootcamp will give foundational coding skills to underprivileged young men and women with little to no coding background. With this initiative, Octa aims to provide Malaysian youths with access to computer and coding literacy as a cornerstone of their future successful careers.

‘The Octa and Ideas Academy collaboration supports disadvantaged young people in acquiring crucial knowledge and skills that can give them a much-needed kick-start in their careers’, said Ms. Jain, Head of Studies of Ideas Academy.

Nigeria: implementing a three-fold educational project
Octa partnered with a humanitarian organisation called Keeping It Real (KIR) Foundation to charge an ambitious, three-fold charity initiative: providing 300 children with much-needed educational supplies, sponsoring tech skills training for 25 youths, and setting up a ‘Reading corner’ with an initial pledge of 150 books.

Octa’s help will enable KIR to purchase writing materials, dictionaries, and school bags for the children in poverty-stricken public schools. The project aims to advance and uphold quality education.

Another part of the Octa’s initiative involves providing in-demand professional skills to unemployed or underemployed youths. The training programme focuses on cybersecurity, digital marketing, data science, and graphic design. It aims to empower students to get jobs in these fields.

Last but not least, Octa helped set up yet another ‘Reading Corner’ with more than 150 books as an initial pledge. ‘Reading Corners’ are miniature libraries deployed at public primary schools to help children develop a lifelong love for reading. Over the years, 24 of such have already been set up by the KIR Foundation and Octa, reaching over 9,200 children, with 3,763 books donated.

Bitebo Gogo, the volunteer executive director and chief servant of the Keeping It Real Foundation, expressed his thoughts on the interdisciplinary Ramadan charity project: ‘We are extremely grateful for Octa’s support of our beneficiaries and our mission of giving our recipients a brighter future through education, advocacy, capacity, and sustainable development.’

Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Laos Plans to Raise Minimum Government Salary by 2025

Laos Plans to Raise Minimum Government Salary by 2025
FILE: this image is used purely for representational purpose (photo credit: Laopost)

The Lao government has announced plans to increase the minimum salary of civil servants to between LAK 2 million and 2.2 million (USD 91.45 – 100.60) by 2025 in response to the rising cost of living and economic challenges,

Lao Government Discusses Tourist Visa Exemptions to Attract More Visitors

Lao Government Discusses Tourist Visa Exemptions to Attract More Visitors
Tourists shopping in Luang Prabang (photo: Nouthaphone Simmavong)

The Lao government should consider visa waivers for additional countries to attract more tourists, as proposed by Lao National Assembly (NA) members during the ongoing 7th Ordinary Session on 10 June.

Laos Records Over 80 Deaths to Road Accidents in May, Decrease from April Numbers

Laos Records Over 80 Deaths to Road Accidents in May, Decrease from April Numbers
Luang Prabang rescue team investigating an accident scene (photo credit: Luang Prabang Rescue Team)

In May, road accidents claimed the lives of 77 individuals across Laos, marking a notable decrease from the 96 fatalities reported in the previous month. A significant number of these collisions were attributed to speeding.

Dubai becomes the world metropolis for artificial intelligence

  • One million people will be trained with AI within three years
  • By 2031, 40% of GDP is to be generated with AI
  • Global giants such as Microsoft, Google, and IBM are at the start

DUBAI, UAE – Newsaktuell – 14 June 2024 – Dubai is increasingly becoming a global center for artificial intelligence. To this end, the metropolis of the day after tomorrow on the Gulf has pledged to train one million people in AI prompting over the next three years. It is the first program of its kind in the world.

“We want to be the most future-ready city and continue to prepare for the AI era by developing expertise and skills that support global technological change and put Dubai at the forefront of innovation,” said the Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, at the launch of the ‘One Million AI Prompters’ initiative in Dubai. DFF oversees the AI prompt program.

Omar Al Olama, the UAE's Minister of State for AI, Digital Economy and Remote Working
Omar Al Olama, the UAE’s Minister of State for AI, Digital Economy and Remote Working

The United Arab Emirates, in which Dubai is the most important emirate alongside Abu Dhabi, is preparing for the post-oil era and wants to transform itself from an oil state into an AI power. By 2031, 40 percent of the gross domestic product is to be generated with artificial intelligence. To this end, the UAE is investing billions, has appointed the world’s first Minister of State for AI, is attracting scientists to the Gulf, and is providing massive support for start-ups.

AI prompt engineering is critical to getting the best out of generative AI. It involves understanding the capabilities, limitations, and nuances of AI models and is predicted to be one of the most important skills in the future workplace.

‘One Million AI Prompters’, the first-of-its-kind prompt engineering initiative, that prepares expertise and competencies in AI prompt engineering, which involves crafting precise and effective instructions for AI systems to achieve desired outcomes in various tasks, ranging from generating creative content to solving complex challenges.

“We want to show people that there is a full spectrum of use cases. Whether you are technical or non-technical, you can utilize these tools,” said Omar Al Olama, the UAE´s Minister of State for AI, Digital Economy, and Remote Work Applications. He also highlighted the importance of developing practical prompt engineering skills, as these are crucial for the workforce of tomorrow and for enhancing quality of life through AI. Al Olama was appointed as the world’s first AI Minister of State in the UAE in 2017.

World Championship in AI Prompt in Dubai

To launch the ‘One Million AI Prompters’ initiative, the first Global Prompt Engineering Championship was recently held in Dubai. Participants competed in categories beyond traditional coding, such as literature and art, highlighting the broad applicability of AI tools. In AI, a prompt refers to a specific request to a language model (e.g. ChatGPT or others) that can provide the user with an answer or solution.

The Global Prompt Engineering Championship received thousands of entries from around 100 countries. Thirty finalists from 13 countries qualified to come to Dubai to compete for the title of best prompt engineer in the competition’s three categories. The winners were Australian Megan Fowkes in the art category Indian Ajay Cyril, 33, for coding, and Aditya Nair, 34, in literature. The Dubai Centre for Artificial Intelligence (DCAI) provided one million dirhams, approximately 273,000 US dollars, in prize money for the three winners.

Global competition around the United Arab Emirates

The UAE is increasingly being courted as a strategic partner by global tech giants. Microsoft, Google, and IBM already took part in the first championship with workshops. However, other companies and countries have also expressed interest in AI collaborations. There has been an AI university in the UAE since 2019 and the sovereign wealth fund Mubadala has set up a $100 billion AI fund.

Microsoft recently invested $1.5 billion in G42, the leading UAE-based artificial intelligence (AI) technology holding company. The US software giant recognizes the Gulf state’s leading role in the development of artificial intelligence: “This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow”.

For more information on the Global Prompt Engineering Championship, please visit:
https://challenge.dub.ai/en/

Anna Lagutina
Junior Media Relations Manager
Tel.: +49-(0)30-65 000 -435
a.lagutina@mcgroup.com
www.mcgroup.com

Hashtag: #DubaiFutureFoundation

The issuer is solely responsible for the content of this announcement.

Father’s Day: Smart Home Security Solutions for the Tech-loving Dads in Your Life


SINGAPORE – Media OutReach Newswire – 14 June 2024 – Looking for Father’s Day gifts for the dads who love tinkering with gadgets? Arlo’s smart home security solutions are just what you need.

From the best-in-class Arlo Ultra 2 4K Security Camera to the newly released Arlo Essential Indoor 2K Security Camera, Arlo’s portfolio of award-winning home security solutions has everything a tech-loving dad needs to up his smart home game and provide better security and protection for his family.

Arlo Ultra 2 4K Security Camera

The Arlo Ultra 2 4K Security Camera is Arlo’s most advanced security camera, offering best-in-class features along with an enhanced user experience and added flexibility. It comes with cutting-edge 4K video capabilities with HDR, an ultra-wide 180-degree field of view and enhanced colour night vision to give you a crystal-clear view of your property day or night. The Arlo Ultra 2 4K Security Camera can be placed anywhere that needs the biggest, best view, be it indoor or outdoor, thanks to its award-winning wire-free design, a long-lasting 6-month rechargeable battery, and weather resistance.

Arlo Ultra 2 4K Security Camera: SGD399 (RP: SGD529)

Arlo Pro 5S 2K Security Camera

Looking for a capable camera that can provide both outdoor and indoor surveillance? The Arlo Pro 5S 2K Spotlight Camera – the latest edition in Arlo’s ever-popular Pro series – is just what you need! Featuring cutting-edge capabilities such as 2K HDR video quality, a 160-degree field of view, an integrated spotlight with colour night vision and two-way audio, this versatile security camera will give you absolute peace of mind wherever you are. A successor of the award-winning Arlo Pro 4, the Pro 5S takes it to the next level with dual-band Wi-Fi support with 2.4Ghz and 5Ghz connections, and up to 30% longer battery life.

Arlo Pro 5S 2K Security Camera: SGD329 (RP: SGD359)

Arlo second-generation Essential Indoor 2K Security Camera

The new generation of the Arlo Essential Indoor 2K Security Camera is the ideal monitoring solution for any room inside the house, connecting directly to Wi-Fi to deliver 2K video with a 130-degree diagonal field-of-view. Even at night, you can rest easy knowing the Arlo Essential Indoor Camera captures video with Night Vision that turns on automatically once it’s dark. The capable camera also comes with motion and audio detection that sends alerts directly to your phone, and full-duplex audio that enables two-way communication. Having privacy concerns over having a security camera indoor? You can easily activate the Automated Privacy Shield to cover the camera lens whenever you want to stop recording.

Arlo Essential Indoor 2K Security Camera: SGD169

For more information on Arlo products, please visit https://kaira.arlostore.sg/.

Hashtag: #Arlo #Gadgets #SecurityCamera

The issuer is solely responsible for the content of this announcement.

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and 4G LTE-enabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetize personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

New Mini Lever Actuated Plunger Saves Time and Space From Southco


HONG KONG SAR – Media OutReach Newswire – 14 June 2024 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has released the new mini lever actuated plunger. Limited space should not mean limited quality. Experience quick and reliable actuation in a more compact package with Southco’s new 56 Mini Lever Actuated Plunger. This solution features the same lever-actuated operation as the full-size version for faster and easier latching and unlatching of electronic components.

56 Mini Lever Actuated Plunger
56 Mini Lever Actuated Plunger

The 56 Mini Lever Actuated Plunger keeps the convenient hold-open feature from the full-size version, so technicians can easily see whether or not a device is secure by looking at the lever’s position. It is also available in a variety of distinct colors, so designers can easily differentiate application zones, or fit the aesthetic of any device. These features combine to ensure that devices using the plunger keep their distinct identity, and are easily identifiable as secure or not.

Additionally, while other compact solutions may have a greater chance of being lost during maintenance, the 56 Mini Lever Actuated Plunger’s captive installation ensures that it stays attached to the side of any device it is used in. That means one less thing for technicians to keep track of, faster maintenance, and more uptime for your server. In a digital world where every second of uptime counts, the small things matter on the physical side too.

56 Mini Lever Actuated Plunger

For more information about the 56 Mini Lever Actuated Plunger, please visit www.southco.com/Mini-Lever-Plunger or email the 24/7 customer service department at info@southco.com.

Hashtag: #southco #enterprisecomputing #electronicsolutions #enclosure #server #plunger

The issuer is solely responsible for the content of this announcement.

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Molex Releases Report on Thermal Management Challenges and Opportunities for I/O Modules amid Emerging Solutions for Next-Gen Data Center Cooling

  • Fueled by heightened demand for the fastest data rates, optical I/O module power requirements push traditional forced-air cooling to operational limits
  • Shift to 224 Gbps PAM-4 interconnects creates nearly a 4X increase in power density, increasing thermal management costs and complexities
  • Advancements in server and optical module thermal management encompass advanced liquid cooling solutions and new drop down heat sink (DDHS) technology


LISLE, IL Media OutReach Newswire – 14 June 2024 – Molex, a global electronics leader and connectivity innovator, has published a report that examines thermal management pitfalls and possibilities as data center architects and operators strive to balance high-speed data throughput requirements with the impacts of growing power density and the need for heat dissipation on critical servers and interconnect systems.

molex 14jun2024

Molex’s In-Depth Report of Thermal Management Solutions for I/O Modules addresses the limitations of legacy approaches for thermal characterization and management and explores new innovations in server and optical module cooling to better support 112G and 224G connectivity.

“As demand for faster, more efficient data processing and storage continues to rise rapidly, so does the heat generated by the high-performance servers and systems needed to scale generative AI applications and support the transition from 112 Gbps PAM-4 to 224 Gbps PAM-4,” said Doug Busch, VP & GM, Enabling Solutions Group, Molex. “The integration of optical connectivity and optical modules, applied with new cooling technologies, will optimize airflow and thermal management within next-gen data centers. Molex is driving innovations in thermal management across both copper and optical platforms, as well as within our power management products, to help our customers improve system cooling capabilities and enhance energy efficiency within next-gen data centers.”

Shift to 224 Gbps PAM-4 Shines Light on Creative Liquid Cooling

The move to 224 Gbps PAM-4 interconnects between servers and network infrastructure represents a doubling of the per-lane data rate. Power consumption is also surging, with optical modules alone reaching as high as 40W over long-range coherent links, up from 12W just a few years ago, representing nearly a 4X increase in power density.

In this informative report, Molex explores the latest in air cooling, along with the integration of creative liquid cooling solutions within existing form factors to address increased power and thermal demands on I/O modules. Direct-to-chip liquid cooling, immersion cooling and the role of passive components to enhance active cooling are addressed. The report also delineates cooling methods that may be most effective for accommodating power demands in chips and I/O modules that scale to high levels.

To solve persistent challenges in cooling pluggable I/O modules, Molex features a liquid cooling solution, called the integrated floating pedestal. In this scenario, each pedestal that contacts the module is spring-taught and moves independently, allowing implementation of a single cold plate to different 1xN and 2xN single row and stacked cage configurations. For example, this solution for a 1×6 QSFP-DD module utilizes six independently moving pedestals which can compensate for varying port stack heights while ensuring seamless thermal contact. As a result, heat flows directly from the module generating heat to the pedestal over the shortest possible conduction path to minimize thermal resistance and maximize heat transfer efficiency.

Additionally, the Molex report outlines the inherent costs and risks associated with immersion cooling, which offers highly effective thermal cooling that exceeds roughly 50kW per rack but requires a complete overhaul of a data center’s architecture.

Molex Drop Down Heat Sink (DDHS) Technology

Beyond liquid cooling, Molex’s In-Depth Report of Thermal Management Solutions for I/O Modules details advanced approaches to module design and thermal characterization poised to transform the performance of high-speed network interconnects. For I/O specifically, new solutions can be integrated into servers and switches for greater levels of heat sinking without compromising reliability. To that end, the report describes an innovative Molex Drop Down Heat Sink (DDHS) solution that maximizes heat transfer capability of a traditional riding heat sink while minimizing metal-to-metal contact, which can create wear-and-tear on components.

Through the DDHS, Molex replaces current riding heat sinks with a solution that eliminates direct contact between the optical module and thermal interface material (TIM) for a simpler and more durable installation without friction or piercing. As a result, Molex’s DDHS allows successful TIM implementation for more than 100 insertion cycles. This reliable heat management solution fits within standard module and rackmount form factors while effectively cooling higher power modules and improving overall power efficiency.

Future of Optical Module Cooling

As an active participant in the Open Compute Project (OCP) and its Cooling Environments project, Molex is collaborating with other industry leaders to develop next-gen cooling technologies that meet the evolving thermal management needs of today’s most demanding data center environments.

Hashtag: #Molex

The issuer is solely responsible for the content of this announcement.

About Molex

Molex is a global electronics leader committed to making the world a better, more connected place. With presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit .