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Financial Modeling Provider Daloopa Chooses Analyst Hub for Compliance and Sales Infrastructure

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New York, April 03, 2020 (GLOBE NEWSWIRE) — Analyst Hub, LLC, an independent research infrastructure platform company that provides talented sell-side analysts a path to owning their own enterprises, today announced a partnership with Daloopa, a financial technology data company using deep learning to build fundamental financial models, in which Analyst Hub will exclusively handle all compliance and sales operations for the company.Founded in 2019, Daloopa uses artificial intelligence (AI) to build financial models that inform the investment decisions of buy-side analysts and investors. Using publicly available regulatory filing data, Daloopa’s proprietary technology ingests and reads hundreds of documents about a given security at a time. Within hours, Daloopa can identify thousands of key performance indicators (KPIs) and present the information in text and tables, with linked citations for each data point, enabling analysts to complete their financial models in a fraction of the time it currently takes. Daloopa models update automatically, with data from earnings announcements incorporated within the same day.The platform currently covers all technology media and telecommunications (TMT) companies publicly traded in the United States and will cover all publicly listed US companies by the end of 2020, covering well over 2,000 names. Daloopa’s data can be integrated into a Microsoft Excel spreadsheet or accessed through an analyst’s application programming interface (API), making the data instantly available whether clients create their own financial models or download prepopulated models.“Daloopa was born out of the frustration of the years our founders spent manually entering data as analysts,” said Thomas Li, co-founder of Daloopa. “To bring our technology to market, we are excited to partner with a platform that has decades of institutional sales and compliance expertise in the capital markets. Analyst Hub has that knowledge and the right relationships with Wall Street to get Daloopa in front of the institutional investors who can benefit most.”While Analyst Hub’s affiliates are typically fundamental providers of research and analysis, Daloopa is the first data company to partner with the firm to leverage its institutional sales and compliance expertise and relationships. Empowering their partners to focus on their core business, Analyst Hub is able to service the full spectrum of firms providing knowledge and insight to the buy side.“Portfolio managers often switch firms, but their financial models don’t move with them,” commented Mike Kronenberg, founder and CEO of Analyst Hub. “Thomas and his team at Daloopa have built a solution that largely eliminates the time and manpower it takes portfolio managers and their analysts to build accurate historical models for the names they invest in. Daloopa’s mission is similar to our own: helping clients operate efficiently and concentrate on their true value proposition.”Since January 2018, Analyst Hub has facilitated the launch of equity research analyst firms and supported their ongoing operations, with institutional publishing tools, market data access, branding services, website design and hosting, CRM systems and more. Offerings related to legal, accounting, HR/payroll and compliance needs round out a robust suite of services. Analyst Hub’s affiliated research-providing entities service more than 300 institutional investor clients representing a cross-section of the buy side, as well as corporate clients looking for new insight into their industries’ and competitors’ performance.About Analyst HubFounded in 2018, Analyst Hub is an independent research infrastructure platform company that provides talented sell-side analysts a path to owning their own enterprise. The company’s turn-key solution offers essential institutional infrastructure tools, compliance, experienced institutional sales, corporate access support and marketing.For further information, please visit www.analysthub.com.About DaloopaDaloopa uses AI to build detailed and accurate financial models for investment analysts. By automating intensive data entry and data validation work, Daloopa enables analysts to spend more time and effort doing research, and less on data scrubbing and hard coding. A Daloopa model contains all KPI and financial information for a public company and every data-point is auditable back to the source. The founding team is made up of a former buy-side analyst from Point72, a former AirBnB engineer, and a former distributed systems researcher at Microsoft’s cloud division, Azure.For further information, please visit www.daloopa.com.AttachmentThomas Li headshot DaloopaMichael Kingsley
Analyst Hub
212-320-8984
[email protected]

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Artificial Intelligence

JupiterOne and watchTowr announce partnership to protect business critical assets with broad exposure management capabilities

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SINGAPORE, May 2, 2024 /PRNewswire/ — watchTowr, a leader in external attack surface management (EASM) technology and fuelled by watchTowr Labs, a renowned vulnerability R&D capability, has formed a strategic partnership with JupiterOne. JupiterOne is a leader in cyber asset attack surface management (CAASM) technology. This collaboration enables customers to rapidly prioritize emerging threats within their constantly changing environments, focusing on fixing the most critical risks impacting their business, which enables an end-to-end continuous threat exposure management process (CTEM).

Over 28,000 CVE records were published in 2023; a figure that is expected to increase as attackers shorten the time from known vulnerability to exploit, reducing it from weeks to days. JupiterOne and watchTowr’s integrated solution empowers enterprises to discover their most critical and exploitable vulnerabilities, prioritize them with asset context based on business impact and receive an actionable remediation plan to improve security posture.
This partnership enables a complete continuous threat exposure management program, addressing the full spectrum of cyber risk management. The fully integrated solution provides continuous monitoring and assessment of both internal and external digital assets, allowing for prioritization and effective threat mitigation for a business’s most critical assets. “Our partnership with watchTowr is a game-changer” said Forte. “Combining our data aggregation with real-time asset discovery and automated security testing allows us to offer a unique, all-encompassing approach to exposure management.”
Benjamin Harris, CEO, watchTowr, said, “While the number of reported vulnerabilities continues to rise, the vulnerabilities that matter – in mission-critical, key systems – have exploded at an alarming rate. This reality, combined with the significant shift in speed by attackers to weaponize vulnerabilities – the ability to validate exploitability and prioritise actions based on real business risk has never been more vital. We’re excited to join forces with JupiterOne to give security teams around the globe this much-needed end-to-end capability.”
About JupiterOne:
JupiterOne is a cybersecurity startup delivering powerful software solutions to companies across all industries, providing deep insights to cyber assets and the relationships between, empowering security professionals to have true knowledge and ownership of their attack surfaces.
About watchTowr: 
watchTowr is a global cybersecurity technology company, built by former adversaries.
watchTowr’s world-class External Attack Surface Management and Continuous Automated Red Teaming technology is informed by years of experience compromising some of the world’s most targeted organisations and utilised by Fortune 500, financial services and critical infrastructure providers every day.
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Clarivate Declares Dividend on Mandatory Convertible Preferred Shares

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LONDON, May 1, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT; CLVT PR A) (“Clarivate”), a leading global provider of transformative intelligence, today announced that its board of directors declared a quarterly dividend of $1.3125 per share on its 5.25% Series A Mandatory Convertible Preferred Shares (the “Preferred Shares”), payable in cash on June 3, 2024 to shareholders of record at the close of business on May 15, 2024.

On the mandatory conversion date, which is scheduled to occur on June 3, 2024, each Preferred Share will automatically and mandatorily convert into a number of ordinary shares of Clarivate (and cash in lieu of any fractional ordinary shares) based on the average volume weighted average price (“VWAP”) of Clarivate’s ordinary shares over a 30-trading day period that begins on, and includes, April 18, 2024 and is scheduled to end on, and include, May 30, 2024 (the “valuation period”). If such VWAP is (i) greater than $31.20, then the mandatory conversion rate will be 3.2052 ordinary shares of Clarivate per Preferred Share, (ii) less than or equal to $31.20 but equal to or greater than $26.00, then the mandatory conversion rate will be a number of ordinary shares of Clarivate per Preferred Share equal to $100.00 divided by such VWAP and (iii) less than $26.00, then the mandatory conversion rate will be 3.8462 ordinary shares of Clarivate per Preferred Share. The mandatory conversion rate will be announced following the end of the valuation period. The above description of the terms of the Preferred Shares is not complete and is subject to, and qualified in its entirety by reference to, the “Statement of Rights” for the Preferred Shares, which is filed as Exhibit 3.2 to Clarivate’s annual report on Form 10-K for the fiscal year ended December 31, 2023.
Cautionary Note Regarding Forward-Looking Statements
This communication contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future business, events, trends, contingencies, financial performance, or financial condition, appear at various places in this communication and may use words like “aim,” “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “see,” “seek,” “should,” “strategy,” “strive,” “target,” “will,” and “would” and similar expressions, and variations or negatives of these words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include those factors discussed under the caption “Risk Factors” in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission (“SEC”). However, those factors should not be considered to be a complete statement of all potential risks and uncertainties. Additional risks and uncertainties not known to us or that we currently deem immaterial may also adversely affect our business operations. Forward-looking statements are based only on information currently available to our management and speak only as of the date of this communication. We do not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, except as otherwise required by securities and other applicable laws. Please consult our public filings with the SEC or on our website at www.clarivate.com.
About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.
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Artificial Intelligence

CGTN: 3rd CMG Forum in Beijing discusses AI development

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BEIJING, May 1, 2024 /PRNewswire/ — Focusing on the development of AI, the third CMG Forum was held on Monday in Beijing.

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and the head of the Publicity Department of the CPC Central Committee, attended the opening of the event and delivered a speech.
Guests at the forum stressed the role of media in promoting the innovative application of AI as well as its governance.
Efforts should also be made to boost the development of AI in creating positive, healthy, diverse and high-quality content, so that AI can become a force for good and benefit mankind, they agreed.
They also called on media to accelerate intelligent transformation and help bridge international exchanges and cooperation on the governance of AI to facilitate its healthy, orderly and safe development.
Hosted by China Media Group (CMG), the forum attracted more than 200 participants from international organizations, media, think tanks and multinational companies.
“Innovation and breakthroughs in science and technology not only guide the development and progress of human civilization, but also bring uncertainty to the changing world,” said Shen Haixiong, vice minister of the Publicity Department of the CPC Central Committee and president of CMG. He called for efforts to jointly create valuable and responsible artificial intelligence.
AI technology is affecting every aspect of our lives. Thomas Bach, president of the International Olympic Committee (IOC), stated in a video speech that CMG has always been a partner of the IOC, bringing the charm of the Olympic Games to hundreds of millions of Chinese viewers. He said the IOC invites CMG to work together for the creation of a future with the application of AI in Olympic sports.
“From ancient inventions such as silk, printing and the compass to modern technological advances such as robotics, telecommunications and green technology, China has always been committed to innovation and creation,” said Daren Tang, director general of the World Intellectual Property Organization (WIPO). He said WIPO pays close attention to ensuring a balance between the opportunities and risks of artificial intelligence and is committed to strengthening cooperation to ensure that artificial intelligence is properly used.
https://news.cgtn.com/news/2024-04-30/3rd-CMG-Forum-in-Beijing-discusses-AI-development-1tdDcXvCexG/p.html

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