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Collab Asia inks agreement regarding content licensing with Nintendo, as a first-ever with an MCN outside of Japan

SINGAPORE – Media OutReach – 4 May 2021 – Collab Asia, a leading digital content studio and talent network in APAC, today announced a new licensing agreement with Nintendo for its content creators, Collab Asia Game Streamers under the Collab Asia network, to monetize gameplay footage derived from Nintendo Game Content, accelerating support for the production, distribution, and monetization of live game videos.

Eugene Choi, CEO and Co-founder of Collab Asia, Inc

Collab Asia’s creators are approved to monetize Nintendo Game Content through the following methods: Facebook Game Streamer, Facebook Level Up Program, Niconico Creators Program, Niconico Channel, OPENREC Creators Program, Twitch Affiliate Program and Twitch Partner Program, Amplify Publisher Program, YouTube Partner Program, “Item Revenue” and “Video Ad Revenue” in TwitCasting Monetization Program, and Mirrativ “gifts”.

This milestone for Collab Asia follows the recent opening of its first office in Mainland China. The company’s new facility in Shenzhen will support Collab Asia’s strategic growth in Greater China, where it has maintained a strong presence for the past 3 years. The Shenzhen office is Collab Asia’s 8th office, supplementing the company’s existing footprint in Korea, Japan, Indonesia, the Philippines, Malaysia, Hong Kong SAR, and Singapore.

“As the premier digital media partner for creators, brands, and media platforms in Asia, we understand that people are consuming more content and creating more content than ever before across Asia. As part of this, we look forward to enabling our creators to responsibly create content using Nintendo’s unparalleled intellectual property, storied titles, and legendary characters,” said Eugene Choi, the CEO and co-founder of Collab Asia, Inc.


As of 2020, Collab Asia manages 4,000 video channels and social media accounts with 270 million loyal subscribers across leading platforms such as YouTube, TikTok and Facebook. In order to further support the global business expansion plan, Collab Asia is currently commencing series C financing, to help ensure even more talented creators can share their work with audiences across the world.

About Collab Asia:

Collab Asia is a leading digital content studio and talent network in APAC with over 200 experts and a talent network of 2,000+ creators operating across 8 offices in Korea, Japan, Indonesia, Philippines, Malaysia, Hong Kong SAR, Shenzhen and Singapore. The company works with global brands, agencies, and platforms to grow their popularity and reach new audiences through cutting-edge marketing solutions that are distributed across multiple territories and platforms in Asia. Collab Asia has partnered with 200 global brands to tell their story to the world; the company also managed 4,000 social media accounts and channels with 270 million loyal subscribers across leading platform such as Weibo, Duoyin, Bilibili, iQiyi, Netease Music, Toutiao, Tencent Video, YouTube, TikTok, Facebook etc. In 2020, the company uploaded more than 200,000 videos generating around 45 billion views and 630 million interactions.

Find Collab Asia Via:

Website

LinkedIn

Twitter

Instagram

Facebook

YouTube

#CollabAsia

Okta completes acquisition of Auth0

Identity leaders combine developer and enterprise expertise, offering customers more flexibility

 

SINGAPORE – Media OutReach – 4 May 2021 – Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced the successful completion of its acquisition of Auth0, a leading identity platform for application teams. Together, Okta and Auth0 address a broad set of digital identity use cases, providing secure access and enabling everyone to safely use any technology. The stock transaction, valued at approximately $6.5 billion, will accelerate Okta’s growth in the $80 billion identity market.

Auth0 will operate as an independent business unit within Okta, led by Auth0 Chief Executive Officer and Co-Founder Eugenio Pace, reporting directly to Todd McKinnon, Chief Executive Officer and Co-Founder of Okta. Both Okta’s and Auth0’s platforms will be supported, invested in, and integrated over time — accelerating innovation and making the Okta Identity Cloud even more compelling for the full spectrum of customers and users.

“Identity is one of the most strategic investments an organization will make today. A single, unified identity platform has the power to transform an organization by providing seamless and secure access for both customers and employees,” said McKinnon. “Okta and Auth0 have always shared a vision for the identity market. We’re also both cloud-first, customer-first companies. By joining forces, we’ll give our customers more choice and flexibility, driving tremendous value and enabling them to accelerate innovation. Together, we will shape the future of identity on the internet, empowering developers to build with identity at the foundation.”

“As Okta and Auth0 join forces today, bringing together two exceptional companies, I’m more confident than ever that we will deliver on our shared vision to secure access for everyone,” said Pace. “Auth0’s focus has always been on enabling product builders to innovate, and now as one company with a shared vision and combined resources, that innovation will only increase.”

Okta’s and Auth0’s comprehensive, complementary, and flexible identity platforms solve every identity use case, regardless of the audience or user. Okta pioneered cloud-based identity, offering enterprise-grade reliability and world-class security while prioritizing customer success for organizations of all sizes. Auth0 was built by developers for developers. Application builders around the world are loyal to Auth0 for its extensibility, ease of use, scope of documentation, and developer-friendly experience. With combined expertise across developer communities and the enterprise, Okta and Auth0 will provide enhanced depth and breadth of identity solutions and will be even better suited to integrate quickly into the modern tech stack of today’s developers.

“At Kiva, we’re on a mission to expand financial access to help underserved communities around the world thrive. Identity plays an essential role in making that happen,” said Ken Leung, EVP of Engineering, Kiva. “Today, we leverage Auth0 to provide secure authentication to Kiva’s partners and lenders, and Okta for workforce identity, giving our team access to the critical technologies they need to best serve the millions of global entrepreneurs in our network. We trust both Okta and Auth0 to connect our people and technology, and are excited to see how they evolve and innovate together.”

“Credence goes to those who can help us identify one another in a digital world,” said Jay Bretzmann, Program Director for Cybersecurity Products, IDC. “Okta and Auth0 provide the cloud-ready, developer-friendly tools to help in the fight. They’re building the platforms and technology we’ll need to take the next steps. Simple, elegant, and customer-centric.”

Financial Outlook

With the completion of the acquisition of Auth0, Okta intends to provide a combined financial outlook for fiscal year 2022 in conjunction with the release of its first quarter 2022 financial results on Wednesday, May 26, 2021. Okta will host a video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its results and combined company financial outlook. A webcast replay will be accessible from Okta’s investor relations website at https://investor.okta.com. The press release will be accessible from Okta’s investor relations website prior to the commencement of the event.

Advisors

Morgan Stanley & Co. LLC served as financial advisor and Latham & Watkins LLP served as legal counsel to Okta. Qatalyst Partners served as financial advisor and Perkins Coie LLP served as legal counsel to Auth0.

Cautionary Language Concerning Forward-Looking Statements

This press release contains forward-looking statements relating to expectations, plans, and prospects including statements relating to the anticipated benefits that will be derived from this transaction, the expected acceleration of Okta’s growth as a result of this transaction, the impact to the Okta Identity Cloud, expected synergies resulting from the transaction and expansion of Okta’s customer base. These forward-looking statements are based upon the current expectations and beliefs of Okta’s management as of the date of this release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including, without limitation, the risk of adverse and unpredictable macro-economic conditions, the failure to achieve expected synergies and efficiencies of operations between Okta and Auth0, the ability of Okta and Auth0 to successfully integrate their respective businesses, the failure to timely develop and achieve market acceptance of the combined business, the loss of any Auth0 customers, the ability to coordinate strategy and resources between Okta and Auth0, and the ability of Okta and Auth0 to retain and motivate key employees of Auth0. Additional factors that could cause actual results to differ materially from these forward-looking statements are detailed from time to time in the reports Okta files with the Securities and Exchange Commission, including in Okta’s Annual Report on Form 10-K for the fiscal year ended January 31, 2021. All forward-looking statements in this press release are based on information available to Okta as of the date hereof, and Okta disclaims any obligation to update these forward-looking statements.

About Okta

Okta is the leading independent provider of identity for the enterprise. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With over 7,000 pre-built integrations to applications and infrastructure providers, Okta customers can easily and securely use the best technologies for their business. More than 10,000 organizations, including JetBlue, Nordstrom, Slack, T-Mobile, Takeda, Teach for America and Twilio, trust Okta to help protect the identities of their workforces and customers.

About Auth0

Auth0 provides a platform to authenticate, authorize, and secure access for applications, devices, and users. Security and application teams rely on Auth0’s simplicity, extensibility, and expertise to make identity work for everyone. Safeguarding billions of login transactions each month, Auth0 secures identities so innovators can innovate, and empowers global enterprises to deliver trusted, superior digital experiences to their customers around the world.

#Okta #Auth0

Lao Police Confirm Case 59 in Custody, Will Face Legal Action

Police Confirm Case 59 Taken Into Custody

Police in Laos have confirmed that Ms. Monemina (Tyna), or Case 59, has been taken into custody after leaving hospital.

Laos Confirms 33 New Cases of Covid-19

Covid-19 Update

Laos has confirmed 33 new cases of Covid-19, bringing the total number of cases in the country to 966.

Laos to Prosecute Thai Covid Patient After Discharge from Hospital

Thai National Case 50 to be prosecuted (Photo: Vientiane Live)

Authorities in Laos will pursue legal action against a Thai national for illegally crossing the Mekong River into Laos after he is discharged from hospital.

Nova MSC launches FORNAX™ Cloud to perform BIM automated check in the Cloud

  • Service offered will simplify the laborious nature of building plan checks and shorten the time taken to completion from weeks or months to mere hours
  • The Cloud-based automated BIM Checking as a service will help BIM managers and QPs to get on board at much lower upfront costs and ensure a sustainable and recurring income for Nova MSC
  • Improve data quality in emerging technologies such as Digital Twins and 5D BIM Model

KUALA LUMPUR, MALAYSIA – Media OutReach – 3 May 2021 – Nova MSC Berhad‘s (“Nova MSC” or “the Company”) subsidiary novaCITYNETS launches FORNAX™ Cloud ( www.fornaxcloud.com ) today to enable customer cloud adoption to accelerate the digitalisation process of the architecture, engineering and construction (AEC) industry.

FORNAX™ Cloud is the Software as a Service (SaaS) arm of its FORNAX ™ ePlanCheck system. The service will provide the Qualified Persons (QPs) and Building Information Modeling (BIM) managers an avenue to perform automated checks on BIM models to audit for data completeness, modelling quality according to best practices, compare models between iterations and detect critical clashes of vital elements as part of the process required in a typical BIM Executive Plan (BEP), thereby improving data quality in the existing methodologies as well as in emerging technologies such as Digital Twins and 5D BIM Model.

Nova MSC’s Group Chief Executive Officer, Mr Lai Teik Kin , said: “With the launch, we are making it easier for the QPs and BIM managers to discover new powerful applications that will provide them with data-driven insights and eventually drive substantial productivity gain.”

According to Lai, the Group’s state-of-the-art FORNAX ™ ePlanCheck system has been in development since 2002 and has undergone many cycles of improvements with the incorporation of Artificial Intelligence (AI) to automate the checking process.

“BIM is envisaged to be the de-facto in the building and construction industries, and the aim of our FORNAX ™ ePlanCheck is dedicated to managing information of BIM and leveraging it to enhance the process in design, regulatory requirements, and construction of building projects as well as operation and maintenance of built assets.

The service that we offer will help to change the industry as the laborious nature of building plan checks could be simplified and what normally takes weeks or even months for completion, would only require mere hours with our FORNAX ™ ePlanCheck, giving a tremendous boost in productivity to the industry,” Lai added.

The combination of BIM and the cloud is also another area of improvement for an industry that is traditionally fragmented. The cloud-based automated BIM checking service at its core will help to facilitate collaborations. As the construction and building process involves various parties such as the owners, architects and contractors, such collaboration will ensure better integration of ideas. It allows sharing of information to be done seamless and encourage more frequent exchanges of data, information and ideas among the stakeholders, which adds more depth to the planning process.

Aside from that, the features offered in FORNAX™ Cloud for BEP requirement also enable QPs and BIM Managers to conduct preliminary regulatory compliance check in a single BIM portal before committing their BIM models to the authorities for official check and approval. This is important as it would help to save costs from rectification due to error during the BIM construction stage.

The additional benefit includes the improvement in terms of productivity as Nova MSC’s proprietary AI algorithm will generate a variety of simple and complex relational queries to extract relevant information within a BIM model for analytic purposes and to validate against design expectations and requirements. The automation of these analyses at various stages of the life cycle of the project will ensure the project to continue without any disruption.

The automated BIM check is also critical for the successful implementation of Digital Twin as most of the flaws within existing design software are mainly due to the inaccuracy within the BIM model. The services offered by Nova MSC will perform automated checks on BIM models to audit for data completeness, modelling quality according to best practices, comparison of models between design iterations and detection of critical clashes of vital elements to ensure the accuracy of the model.

“With our cloud services, we hope to help motivate and spread the use of automated regulatory compliance checking to the industry. During the initial launch, the service will be available to selected QPs and BIM Managers on the invitation. It will be made available to all other industry practitioners on a later stage,” Lai said.

By offering FORNAX™ Cloud in a SasS model, the Group will allow BIM Managers and QPs to get on board with a lower upfront cost. At the same time, this would help to generate a sustainable and recurring income for the Group.

The Group’s AI-driven module, FORNAX™, is widely recognized and known for its strength. In Singapore, novaCITYNETS has recently been awarded contracts by Singapore Public Utilities Board (PUB), Jurong Town Council (JTC), Building and Construction Auhority (BCA) and Urban Redevelopment Authority (URA) of Singapore for its cutting-edge solutions FORNAX™ ePlanCheck system.

Aside from Singapore, the Holy Makkah Municipality of Kingdom of Saudi Arabia has also commissioned a project to implement an Automated Regulatory Compliance System (ACRS) that will automate the checking of building plan regulatory compliance submitted to the municipality. The ARCS implementation is also based on Nova MSC’s FORNAX™ ePlanCheck system.

According to the Group, the new launches will target the US, China and Malaysia market at the initial stage. Based on Nova MSC’s research, there are about 1.3 million building permits issued yearly in the United States. The building permits fee constitutes around 0.5 to 1.0% of construction value, of which the plan-check fee comprises 75% of it. In total, Nova MSC estimated that the plan-check fee in the United States to range between USD4.8 billion to USD9.6 billion annually. Meanwhile, in China, the plan-check fee within the city of Shanghai alone is about CNY1.8 billion annually. As for Malaysia, the plan-check fee amounts to RM1.5 billion per year.

This is in line with a third party independent report by Report Ocea, a market research-based in the US, which forecast the BIM in construction market size to grow at a compounded annual growth rate (CAGR) of 15.0% from 2020 to 2027 with the market being dominated in North America.

We are Nova MSC Berhad

Established in 2002, Nova MSC Bhd is a Bursa Malaysia ACE Market-listed company, which is involved in four main business pillars namely, healthcare, Digital Government, building automation and virtual construction. We are a leading provider of ready-to-deploy, industry-focused application software and services for both the public and healthcare sectors, with an international track-record. Our products are developed based on our technical knowledge and in-depth understanding of industry demands and the clients’ requirements, thereby bringing improved productivity to our customers.


For more info, visit: http://www.nova-hub.com/

About FORNAX™ ePlanCheck

FORNAX ePlanCheck is a product developed by novaCITYNETS from the ground up as a result of intensive R&D efforts derived from many years of experience implementing numerous BIM related projects, programs and initiatives with governments and private sectors in Singapore and various other countries in Asia, Europe, Middle-east and the United States. Our years of experience in BIM includes the Singapore CORENET systems for e-Submission, and ePlanCheck for the Singapore agencies in automated Regulatory Compliance checking projects. In addition, novaCITYNETS has been providing BIM implementation services and consulting expertise to the building and construction industry for an array of iconic development projects over the past 20 years.

FORNAX ePlanCheck capabilities include automated regulatory compliance check, BIM data management, query-able model data, BIM data check, BIM quality check, clash detection, model comparison, BIM review collaboration, document management, tasks management, ability to customise checking rules with configurable parameters and so much more.


For more information about FORNAX Cloud, please refer to www.fornaxcloud.com


#NovaMSC #FornaxCloud

Forward-Looking Statements

The statement included in this press release, other than statements of historical facts, are forward-looking statements. Forward-looking statement generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “seek,” or “believe.” These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations about future event. There are important factors that could cause our actual results, level of activity, performance, or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statement, including, but not limited to our ability to win additional business. Although we believe the expectations reflected in the forward- looking statements are reasonable, we cannot guarantee future result, level of activity, performance, or achievements. You should not rely upon forward- looking statements as predictions of future events. These forward-looking statements apply only as of the date of this press release; as such, they should not be unduly relied upon as circumstances change. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this release or those that might reflect the occurrence of unanticipated events.

Savannakhet Villagers Celebrate Rocket Festival in Violation of Lockdown Measures

Savannakhet Village Celebrates Rocket Festival

Villagers in Savannakhet have held their annual Rocket Festival celebrations in direct violation of Covid-19 lockdown measures.

Outrankco Advocates The Adaptation of Digital Transformation For Singapore Businesses

SINGAPORE – Media OutReach – 3 May 2021 – Chris Tan, the founder of Outrankco Pte Ltd made a clear statement on why it’s highly an urgent matter to adapt digital marketing especially on these time of crisis with the pandemic, and how the agency is founded as they continue to develop and improve their services.

Outrankco is one of the leading digital marketing agencies in Singapore that offers online and digital marketing solutions such as Search Engine Optimization (SEO), Search Engine Marketing (SEM), Web Design and Development among other services. Outrankco started off from a humble beginning, from printing of marketing collaterals to providing flyer distribution solutions for businesses, helping them to connect with their customers in a low cost and effective means.

As technology advances as well as the ever-changing marketing landscape, they understand the need of company transformation, not only to enhance the overall company’s value proposition, and also to create values for all of their customers.

In 2017, Outrankco was formed with the intentions to help businesses enhance and achieve a competitive edge in the digital world. The agency continues to evolve in ways to consolidate their resources and streamline their SEO Singapore services for a much better customer experience.

Outrankco is the main competition when it comes to digital marketing services and strategic planning, with multiple successful SEO implementations under their belt. They are also probably the only SEO agency in Singapore that offer 100% money-back guaranteed on SEO. “The guarantee will defray customer’s risk associated with unsatisfactory SEO performance and the fears of engaging an under-performing SEO agency will dissipate”, said Chris.

The pandemic has caused a huge impact to the industry, not to mention the loss of sales for most of the business category. As the world continues to be on the menace of the pandemic, many business brands who have lost their momentum on the market begin to adapt and transform to digital marketing by having a website or an online platform to interact with the customers.

“We believe that this current world crisis will speed up and bring forward digital transformation by several years. Aside from our previous clients, we gained new customers amidst the pandemic. Clients who previously had a negative stigma on SEO, had begun asking for more information on how SEO can help with their business”, commented by Chris when asked on how the pandemic affected the business.

To know more about Outrankco, visit https://outrankco.sg.

Outrankco – SEO Singapore

LINK@AMK, 3 Ang Mo Kio Street 62, #02-02, Singapore 569139

#Outrankco