Enerplus Posts Bakken Update Presentation for Webcast and Conference Call Today

Canada NewsWire


CALGARY, AB
, April 12, 2022 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX: ERF) (NYSE: ERF) posted a presentation to its website associated with its Bakken Update conference call and webcast, planned for today at 9:00 – 10:30 AM MT.

To participate in the live webcast, please go to www.enerplus.com and click on “Analyst & Investor Update on the Bakken” or use the following link: Analyst & Investor Update on the Bakken.

For those who wish to dial-in via conference call, the details are as follows:
Dial-in North America (toll free): 1-888-390-0546
Conference ID: 10646250

To ensure timely participation in the webcast, please log in 15 minutes prior to the start time to register for the event.

About Enerplus

Enerplus is an independent North American oil and gas exploration and production company focused on creating long-term value for its shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations.

SOURCE Enerplus Corporation

Yalla Group Wins Top 30 Overall EMEA Headquartered Publishers in data.ai’s Level Up Top Publisher Awards 2022

PR Newswire


DUBAI, UAE
, April 12, 2022 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that the Company has been ranked in the Top 30 Overall EMEA Headquartered Publishers Worldwide by Consumer Spend in the Level Up Top Publisher Awards 2022 by data.ai (formerly known as App Annie). This award recognizes the strong performance of Yalla’s product portfolio and follows Yalla’s last year’s listing in the Top 30 EMEA Headquartered Overall Publishers in the Level Up Top Publisher Awards 2021.

Mr. Saifi Ismail, President of Yalla, commented, “We are proud to receive this prestigious award from data.ai for the second consecutive year. It is a testament to the entertainment and social value of our games and apps and a strong commendation of our entire team’s efforts and accomplishments over the past year. 2021 was an important year for Yalla as we expanded our services and business boundaries, launching innovative social networking and entertainment products to fulfill MENA users’ evolving needs. In 2022, we will continue to grow our immersive online ecosystem to deliver more memorable experiences to more users as we strive to become MENA’s No. 1 online social networking and entertainment platform.”

data.ai is the industry’s most trusted mobile data and analytics platform. Its Level Up Top Publisher Awards are an annual celebration of the world’s leading publishers and brands, recognizing the most innovative and successful companies in the mobile space since 2012. Top Publisher Awards rankings for EMEA Headquartered Publishers are determined by combining iOS and Google Play revenue estimates for 2021 based on data.ai Intelligence.

About Yalla Group Limited

Yalla Group Limited is the largest voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company has expanded its content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and entertainment needs. The ecosystem includes YallaChat, an IM product tailored for Arabic users; WAHA, a social networking product designed for the metaverse; and games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in the region. Yalla is also actively exploring outside of MENA, having launched Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with its users. In addition, through its holding subsidiary, Yalla Games, the Company has expanded its capabilities in mid-core and hard-core game distribution in the MENA region, leveraging its local expertise to bring exciting new content to its users.

For more information, please visit: http://ir.yallatech.ae/

For investor and media inquiries, please contact:

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: [email protected]

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: [email protected]

In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: [email protected]

 

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SOURCE Yalla Group Limited

KBR Announces Settlement Agreement with Ichthys Power Plant Subcontractor

PR Newswire

  • Significant cash proceeds of USD$271M


HOUSTON
, April 12, 2022 /PRNewswire/ — KBR (NYSE: KBR) announced that JKC Australia LNG Pty Ltd (“JKC”) joint venture, in which KBR has a 30% ownership interest, and Kellogg Brown & Root Pty Ltd have entered into a conditional settlement agreement (the “Settlement Agreement”) to resolve outstanding claims and disputes between JKC and its power plant subcontractor, the consortium comprising: (i) the unincorporated joint venture between CH2M Hill Australia Pty Limited and UGL Infrastructure Pty Limited, (ii) General Electric Company, and (iii) General Electric International, Inc. (the “Consortium”).

“We are pleased to announce the resolution of this dispute between JKC and the Consortium. This resolution removes significant uncertainty, distraction and legal costs,” said Stuart Bradie, KBR President and CEO.

As a result of the Settlement Agreement, KBR expects to receive approximately $271 million of cash in two payments: $203 million in April 2022 and $68 million in March 2023, at prevailing exchange rates.  KBR expects to report a non-cash loss of approximately $140M in its 1st quarter 2022 results for the period ended March 31, 2022. Additional details will be provided in connection with our 1st quarter 2022 earnings report.

The Settlement Agreement remains conditional and the outstanding arbitration between JKC and the Consortium is proceeding until the conditions are satisfied. If any member of the Consortium fails to take the actions necessary to satisfy the conditions to the Settlement Agreement, the Settlement Agreement will become void.

Should the conditions of the Settlement Agreement be satisfied, the parties agree to withdraw all claims and terminate the ongoing arbitration between the parties.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company’s ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company’s ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company’s customers; the company’s ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company’s ability to control its cost under its contracts; claims negotiations and contract disputes with the company’s customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

The company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.

Socket Mobile Ships its Millionth scanner

PR Newswire


NEWARK, Calif.
, April 12, 2022 /PRNewswire/ — Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that it shipped its millionth scanner in Q1, 2022.

 Socket Mobile has built a reputation as a trusted provider of mobile data capture tools. As the world has become more mobile and workforces have evolved, transforming into ever-more innovative and efficient shapes, Socket Mobile has adapted to provide businesses with industry-leading data capture tools for a mobile-centric workforce. Socket Mobile has proven it can be counted on for high-quality, premium data capture devices, excellent customer service, and unparalleled developer support.

Trusted by over a thousand application providers, Socket Mobile’s products have enabled thousands of businesses to make their operations more efficient, accurate and profitable.

“Socket Mobile would like to thank our many app provider partners, especially our partners like Shopify and Block, and their end-users for helping us reach this milestone. We have seen our growth accelerate as more and more companies use mobile apps to conduct business, and we had a record year in 2021, shipping over 100,000 scanners. We feel privileged to work with so many outstanding app providers whose applications have transformed the way business is conducted.  Our tools provide real-time information that helps millions of workers do their jobs with greater efficiency and satisfaction.

“We look forward to continuing to innovate, work hard and strive for data capture perfection as we work to fulfill the requirement of our app provider partners. Mobile apps will continue to evolve to service the ever-changing business landscape, and we are excited at both the challenge and opportunity this provides,” said Dave Holmes, Chief Business Officer at Socket Mobile.

Socket Mobile has a data capture solution for every need. Designed with app providers in mind, Socket Mobile’s CaptureSDK provides the data capture tools they need to ensure that their application is versatile, powerful, and can serve their business audience.

Socket Mobile offers a wide range of data capture products fully supported by CaptureSDK, including the rugged DuraScan, the powerful SocketScan, the versatile DuraSled, and now the smartphone-based SocketCam. This enables the app provider customer to select an ideal solution for their particular environment.

As the nature of data collection continues to change, Socket Mobile will continue to strive to provide its app partners with excellent tools and products, coupled with the service and support they need to deliver world-class solutions to their customers.

To learn more about Socket Mobile, CaptureSDK, and getting started with app integration please visit https://www.socketmobile.com/capturesdk/integrate-step-by-step

Media Contact: David Holmes, [email protected]

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SOURCE Socket Mobile, Inc.

Nielsen’s Annual Marketing Report Uncovers Only 26% of Global Marketers Are Confident in Their Audience Data

PR Newswire

Global survey among marketers finds that brands’ top priorities for 2022 are increasing brand awareness, breaking down measurement siloes, developing personalized strategies, and becoming more purpose-driven


NEW YORK
, April 12, 2022 /PRNewswire/ — Nielsen (NYSE: NLSN) released its 2022 Annual Marketing Report, which found marketers are prioritizing digital first, but have struggled over the past two years to keep up with consumers’ changing media habits. Titled “Era of Alignment,” the first global report of its kind, illustrates how marketers need confidence in their data to focus equally on brand building and customer acquisition, doing so through both upper-funnel and lower-funnel planning and execution.

The report, which surveyed nearly 2,000 global marketers between December 2021 and January 2022, revealed a digital dominance in how dollars are being spent and exposed marketers’ lack of confidence in the data behind those decisions. With continued digital fragmentation, marketers report data accuracy, measurement, and ROI as paramount concerns. While 69% of marketers believe first-party data is essential for their strategies and campaigns, and 72% of marketers believe they have access to quality data, only 26% of global marketers are fully confident in their audience data.

The Era of Alignment found marketers around the world are experiencing similar areas of success and challenges, as shown by:

  • Brand awareness is marketers’ top objective. To reach this goal, brands need to leverage an array of channels to reach the widest audience. Nearly two-thirds (64%) of respondents stated that social media is the most effective paid channel with TikTok and Instagram dominating spend. Social media spend increased by 53% across global marketers, significantly more than the aggregate increase of TV and radio spend. Customer acquisition is their second objective, showing that marketers must focus efforts on the entire customer journey.
  • Increased media fragmentation amplifies the need for holistic measurement. Marketers’ confidence in measuring ROI of the full-funnel is only 54%. Remove online and mobile video and confidence in measuring ROI across all other channels is under 50% globally, and while nearly half of marketers plan to increase their spending on podcasts, their confidence in measuring the ROI of that investment is 44%.
  • It’s vital for marketers to use data to champion personalized marketing strategies. The increasing proliferation of channels produces an abundance of unique data sets. However, 36% of marketers still claim that data access, identity resolution, and deriving actionable insights from data is either extremely or very difficult. With the rise of connected TV (CTV) this presents new challenges to traditional targeting solutions. CTV is a growing focus for global marketers, with 51% planning to increase their over-the-top/CTV spending in the coming year. In 2021, Americans streamed almost 15 million years’ worth of content across subscription- and ad-supported platforms.
  • By placing a greater emphasis on purpose-driven initiatives, marketers can better connect with consumers. Nielsen research shows over half of U.S. consumers (52%) purchase from brands that support causes they care about; similarly, more than 36% expect the brands they buy to support social causes. While global marketers say their brands are emphasizing purpose, Nielsen data shows that 55% of consumers aren’t convinced that brands are fostering true progress.

“Our work at Nielsen is to provide the most complete view of consumer behavior across industries, and our longtime experience in measurement and comprehensive view of the media universe gives brands a 360-degree view that can’t be found anywhere else,” said Jamie Moldafsky, Chief Marketing and Communications Officer, Nielsen. “This research reaffirms that marketers want to put money into channels to deliver immediate ROI, but this must be balanced with overall brand lift. As media engagement shifts, agility and data are critical to optimize the entire marketing funnel. With the upcoming depreciation of third-party cookies, it’s understandable to see marketers prioritizing personalization and aligning their brand with causes their customers care about. Through our solutions – and this report – we’re continuing to help brands and marketers get actionable insights to make more informed, and quicker decisions.”

This is the fifth Annual Marketing Report produced by Nielsen. The report is based on survey responses from marketers who manage marketing budgets $1 million or more; who work across a variety of industries (auto, financial services, FMCG, technology, health care, pharmaceuticals, travel, tourism, and retail); and whose focus pertains to media, technology, and measurement strategies. Download the report at: https://content.nielsen.com/2022/report/annualmarketing/pr

ABOUT NIELSEN

Nielsen shapes the world’s media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future.

An S&P 500 company, Nielsen (NYSE: NLSN) operates around the world in more than 55 countries.  Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on social media.

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SOURCE Nielsen

ChipMOS SCHEDULES FIRST QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALL

PR Newswire

HSINCHU, April 12, 2022 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will report first quarter 2022 results and host a conference call after the close of trading on the Taiwan Stock Exchange on Thursday, May 5, 2022.

Investors and analysts are encouraged to dial-in using the phone number noted below. A live, listen only webcast and replay will be available on the Company’s website.

Date: Thursday, May 5, 2022
Time: 3:00PM Taiwan (3:00AMNew York)
Dial-In: +886-2-21928016
Password: 894606 #
Webcast of Live Call and Replay: https://www.chipmos.com/chinese/ir/info2.aspx
Replay Starting 2 Hours After Live Call Ends
Language: Mandarin

Note: The Company will provide a transcript in English on its website following the Mandarin conference call to help ensure transparency, and to facilitate a better understanding of the Company’s financial results and operating environment.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. 

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.


Contacts:


In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES
INC
.

+886-
6
-5052388 ext. 7715

IR
@chipmos.com


In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

[email protected]

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SOURCE ChipMOS TECHNOLOGIES INC.

The Ensign Group Announces New $600 Million Credit Facility

SAN JUAN CAPISTRANO, Calif., April 12, 2022 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that Ensign and its subsidiaries increased their credit facility by $250 million to an aggregate of $600 million. The borrowings are supported by a lending consortium arranged by Truist Securities. The new facility matures on April 8, 2027 and includes a $400 million incremental expansion option, among other things.

“These new borrowings further strengthen our long-term capital structure and, together with our strong operating performance, provide lots of dry powder for growth both on the operations and the real estate front. We have always been very prudent in protecting our balance sheet and this new facility provides us with excellent flexibility in an ever-changing healthcare environment,” said Barry Port, Ensign’s Chief Executive Officer. “We appreciate the continued support of our banking partners and we look forward to working with them further as we continue our strategy of disciplined growth,” he added.

Mr. Port confirmed that in addition to refinancing some existing borrowings, the proceeds of the credit facility will be used to fund acquisitions, renovate and upgrade existing and future facilities, cover working capital needs and for other business purposes.


About Ensign™

The Ensign Group, Inc.’s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 252 healthcare facilities, in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.


Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.



SHAREHOLDER ALERT: Morris Kandinov Investigating FE, FHS, PW, and SWI; Shareholders are Encouraged to Contact the Firm

SAN DIEGO, April 12, 2022 (GLOBE NEWSWIRE) — National law firm Morris Kandinov is investigating the actions of the officers and board of directors of FirstEnergy Corp., First High-School Education Group Co., Power REIT, and SolarWinds Corporation.   If you are a current owner of shares of any of these stocks, contact [email protected].   

FirstEnergy Corp. (NYSE: FE) Accused of Misleading Investors

On March 7, 2022, Judge Algenon L. Marbley of the United States District Court for the Southern District of Ohio issued an order denying in part the defendants’ motion to dismiss in the pending securities class action against FirstEnergy Corp., paving the way for litigation to proceed. The securities class action alleges that defendants made misrepresentations about the Company’s business, operations, and prospects. According to the complaint, at the end of fiscal 2016, FirstEnergy reported a weak energy market, poor forecast demand, and hundreds of millions of dollars in losses. To alleviate investor concern, FirstEnergy stated in its annual report for 2016 that it intended to pursue “legislative or regulatory solutions” to remedy its dismal financial prospects. However, FirstEnergy failed to disclose that these solutions included an illicit campaign that funneled tens of millions of dollars to state lawmakers, including Ohio House Speaker Larry Householder, issuing misleading messages on media platforms, and illegally thwarting a citizen’s ballot initiative to secure the votes for passage of Ohio House Bill 6 (“HB6”), which provided a $1.3 billion ratepayer-funded bailout to keep FirstEnergy’s nuclear facilities in operation. On July 21, 2020, federal agents announced the arrest of Householder and four other individuals, including a prominent FirstEnergy lobbyist in connection with a $60 million racketeering and bribery scheme. The criminal complaint described FirstEnergy’s extensive bribery scheme and corruptive tactics to ensure the passage of HB6 as “the largest bribery, money-laundering scheme” in Ohio history. On this news, the price of FirstEnergy stock plummeted, trading as low as $22.85 per share on July 22, 2020, representing a 45% decline from its closing price of $41.26 per share on July 20, 2020. Morris Kandinov is investigating FirstEnergy regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. To learn more about this investigation and your rights, visit: https://moka.law/case-contact-form/. Representation is contingency based, no out of pocket costs.

First High-School Education Group Co., Ltd. (
NYSE:
FHS
) Shareholder Rights Investigation

Morris Kandinov is investigating First High-School Education Group Co., Ltd. regarding corporate governance failures, possible breaches of fiduciary duties and other violations of law related to recent transactions and/or events at the company.   To learn more about this investigation and your rights, visit: https://moka.law/case-contact-form/. Representation is contingency based, no out of pocket costs.

Power REIT (
NYSE:
PW
) Shareholder Rights Investigation

Morris Kandinov is investigating Power REIT regarding corporate governance failures, possible breaches of fiduciary duties and other violations of law related to recent transactions and/or events at the company.   To learn more about this investigation and your rights, visit: https://moka.law/case-contact-form/. Representation is contingency based, no out of pocket costs.

SolarWinds Corporation (NYSE: SWI) Accused of Misleading Investors

On March 30, 2022, Judge Robert Pitman of the United States District Court for the Western District of Texas issued an order denying in part the defendants’ motion to dismiss in the pending securities class action against SolarWinds Corporation, paving the way for litigation to proceed. The securities class action alleges that defendants made misrepresentations about the Company’s business, operations, and prospects. SolarWinds regularly touted its robust security controls and commitment to prioritizing customers’ security and privacy concerns. In reality, the Company failed to employ adequate cybersecurity safeguards and did not maintain effective monitoring systems to detect and neutralize security breaches. On December 13, 2020, Reuters reported that hackers allegedly working for the Russian government had monitored email traffic at the U.S. Treasury and Commerce departments and had gained access to the agencies’ email traffic by interfering with updates released by SolarWinds, which services various government vendors in the executive branch, the military, and the intelligence services. In an 8-K filed with the U.S. Securities and Exchange Commission the next day, SolarWinds confirmed that its Orion monitoring products had been hacked. SolarWinds further disclosed that the network of as many as 18,000 customers might have been compromised by the maliciously coded Orion updates. On this news, SolarWind’s stock fell approximately 17% to close at $19.62 per share on December 14, 2020. The stock is currently trading at approximately $12 a share. Morris Kandinov is investigating SolarWinds Corporation regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. To learn more about this investigation and your rights, visit: https://moka.law/case-contact-form/. Representation is contingency based, no out of pocket costs.

Concerned shareholders are encouraged to contact Leo Kandinov to learn more:

[email protected]

(619) 780-3993
moka.law

Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights. We work on contingency (i.e., you do not pay our fees out-of-pocket), and our attorneys have made substantial recoveries for investors in jurisdictions across the country.   The firm would be happy to further discuss these matters, and any legal rights or remedies potentially available to you, at no charge.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contact:

Leo Kandinov, Partner
[email protected]
619-780-3993
550 West B Street, 4th Floor
San Diego, CA 92101
moka.law



March 2022’s Most Wanted Malware: Easter Phishing Scams Help Emotet Assert its Dominance

Check Point Research reveals that Emotet remains the number one most prevalent malware, while Agent Tesla moves from fourth to second place after several mal-spam campaigns

SAN CARLOS, Calif., April 12, 2022 (GLOBE NEWSWIRE) — Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its latest Global Threat Index for March 2022. Researchers report that Emotet is continuing its reign as the most popular malware, impacting 10% of organizations worldwide, double that of February.

Emotet is an advanced, self-propagating and modular trojan that uses multiple methods for maintaining persistence and evasion techniques to avoid detection. Since its return in November last year and the recent news that Trickbot has shut down, Emotet has been strengthening its position as the most prevalent malware. This was solidified even further this month as many aggressive email campaigns have been distributing the botnet, including various Easter-themed phishing scams exploiting the buzz of the festivities. These emails were sent to victims all over the world with one such example using the subject “buona pasqua, happy easter” yet attached to the email was a malicious XLS file to deliver Emotet.

This month, Agent Tesla, the advanced RAT functioning as a keylogger and information stealer, is the second most prevalent malware, after appearing fourth in last month’s index. Agent Tesla’s rise is due to several new mal-spam campaigns delivering the RAT via malicious xlsx/pdf files worldwide. Some of these campaigns have leveraged the Russia/Ukraine war to lure victims.

“Technology has advanced in recent years to such a point where cybercriminals are increasingly having to rely on human trust in order to get through to a corporate network. By theming their phishing emails around seasonal holidays such as Easter, they are able to exploit the buzz of the festivities and lure victims into downloading malicious attachments that contain malwares such as Emotet. In the run up to the Easter weekend, we expect to see more of these scams and urge users to pay close attention, even if the email looks like it’s from a reputable source. Easter isn’t the only public holiday and cybercriminals will continue to deploy the same tactics to inflict harm,” said Maya Horowitz, VP Research at Check Point Software. “This month we also observed Apache Log4j becoming the number one most exploited vulnerability again. Even after all the talk about this vulnerability at the end of last year, it is still causing harm months after the initial detection. Organizations need to take immediate action to prevent attacks from happening.”

CPR also revealed this month that the Education/Research is still the number one most attacked industry globally, followed by Government/Military and Internet Service Providers/Managed Service Providers (ISP/MSP). “Web Server Exposed Git Repository Information Disclosure” is now the second most commonly exploited vulnerability, impacting 26% of organizations worldwide, while “Apache Log4j Remote Code Execution” takes the top spot, impacting 33% of organizations. “HTTP Headers Remote Code Execution (CVE-2020-10826,CVE-2020-10827,CVE-2020-10828,CVE-2020-13756)” keeps a hold of third place with a global impact of 26%.


Top Malware Families

*The arrows relate to the change in rank compared to the previous month.

This month, Emotet is still the most popular malware with a global impact of 10% of organizations worldwide, followed by Agent Tesla and XMRig both impacting 2% of organizations each.

  1. ↔ Emotet – Emotet is an advanced, self-propagate and modular Trojan. Emotet once used to employ as a banking Trojan, and recently is used as a distributer to other malware or malicious campaigns. It uses multiple methods for maintaining persistence and evasion techniques to avoid detection. In addition, it can be spread through phishing spam emails containing malicious attachments or links.
  2. ↑ Agent Tesla – Agent Tesla is an advanced RAT functioning as a keylogger and information stealer, which is capable of monitoring and collecting the victim’s keyboard input, system keyboard, taking screenshots, and exfiltrating credentials to a variety of software installed on a victim’s machine (including Google Chrome, Mozilla Firefox and the Microsoft Outlook email client).
  3. ↑ XMRig – XMRig is an open-source CPU mining software used for the mining process of the Monero cryptocurrency, and first seen in-the-wild May 2017.


Top Attacked Industries Globally

This month Education/Research is the number one most attacked industry globally, followed by Government/Military and ISP/MSP.

  1. Education/Research
  2. Government/Military
  3. ISP/MSP

 Top Exploited Vulnerabilities

This month “Apache Log4j Remote Code Execution” is the most commonly exploited vulnerability, impacting 33% of organizations globally, followed by “Web Server Exposed Git Repository Information Disclosure” which dropped from first place to second place and impacts 26% of organizations worldwide. “HTTP Headers Remote Code Execution” is still in third place in the top exploited vulnerabilities list, with a global impact of 26%.

  1. ↑ Apache Log4j Remote Code Execution (CVE-2021-44228) – A remote code execution vulnerability exists in Apache Log4j. Successful exploitation of this vulnerability could allow a remote attacker to execute arbitrary code on the affected system.



  2. Web Server Exposed Git Repository Information Disclosure – An information disclosure vulnerability has been reported in Git Repository. Successful exploitation of this vulnerability could allow an unintentional disclosure of account information.
  3.  HTTP Headers Remote Code Execution (CVE-2020-10826,CVE-2020-10827,CVE-2020-10828,CVE-2020-13756) – HTTP headers let the client and the server pass additional information with an HTTP request. A remote attacker may use a vulnerable HTTP Header to run arbitrary code on the victim machine.


Top Mobile Malwares

This month AlienBot is the most prevalent mobile malware, followed by xHelper and FluBot.

  1. AlienBot – AlienBot malware family is a Malware-as-a-Service (MaaS) for Android devices that allows a remote attacker, at a first step, to inject malicious code into legitimate financial applications. The attacker obtains access to victims’ accounts, and eventually completely controls their device.
  2. xHelper – A malicious application seen in the wild since March 2019, used for downloading other malicious apps and display advertisement. The application is capable of hiding itself from the user and reinstalling itself if uninstalled.
  3. FluBot– FluBot is an Android malware distributed via phishing SMS messages (Smishing), most often impersonating logistics delivery brands. Once the user clicks the link inside the message, they are redirected to the download of a fake application containing FluBot. Once installed the malware has various capabilities to harvest credentials and support the Smishing operation itself, including uploading contact lists, as well as sending SMS messages to other phone numbers.

Check Point’s Global Threat Impact Index and its ThreatCloud Map is powered by Check Point’s ThreatCloud intelligence. ThreatCloud provides real-time threat intelligence derived from hundreds of millions of sensors worldwide, over networks, endpoints and mobiles. The intelligence is enriched with AI-based engines and exclusive research data from Check Point Research, The Intelligence & Research Arm of Check Point Software Technologies.

The complete list of the top 10 malware families in February can be found on the Check Point blog.

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About Check Point Research

Check Point Research provides leading cyber threat intelligence to Check Point Software customers and the greater intelligence community. The research team collects and analyzes global cyber-attack data stored on ThreatCloud to keep hackers at bay, while ensuring all Check Point products are updated with the latest protections. The research team consists of over 100 analysts and researchers cooperating with other security vendors, law enforcement and various CERTs.

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to corporate enterprises and governments globally. Check Point Infinity´s portfolio of solutions protects enterprises and public organizations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises three core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management. Check Point protects over 100,000 organizations of all sizes.

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QIWI Announces Changes to The Board of Directors

NICOSIA, Cyprus., April 12, 2022 (GLOBE NEWSWIRE) — QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced that Ms. Alla Maslennikova has joined the Board of Directors of QIWI as a Non-Executive Director with effect from April 11, 2022.

Ms. Maslennikova has an extensive business, financial and legal experience and currently serves as a Member of the Managing Board at “Non-profit partnership “Association of Corporate Lawyers” (since 2017) as well as a Member of the Managing Board and Deputy CEO, Legal, Corporate and Property Affairs at PJSC “Research and production corporation “United Wagon Company” (since 2019). In 2021, Ms. Maslennikova also joined the Supervisory Board at Union of manufacturers and users of railway rolling stock “Association of car builders”.

Prior to current appointments, Ms. Maslennikova served at PJSC Rosgosstrakh Bank as a Member of the Board of Directors from 2018 to 2019 and as a Chairman of the Managing Board from 2016 to 2019. Prior to that, she worked for over 10 years in the oil industry (including TNK-BP).

Holding positions in governing bodies of a number of entities in financial, banking, industry and manufacture business spheres allowed Ms. Maslennikova to accumulate profound financial, investment and management expertise. Throughout her career, Ms. Maslennikova was focused on wide range of business issues including financial reporting, risk management, internal audit and control systems, and corporate governance.

Ms. Maslennikova graduated from Volgograd State University with a degree in Law and from South Ural State University with a qualification in Economics and Enterprise Management.

Sergey Solonin, the Chairman of the Board of Directors, commented: “On behalf of the Board I would like to welcome Alla Maslennikova to the QIWI’s Board of Directors. Alla brings many years of experience in overseeing various business functions and corporate governance across a broad range of industries. We look forward to support during these extraordinary times to protect the interests of all our shareholders, partners, customers and other stakeholders”.

About QIWI plc.

For over 20 years we stood at the fore point of fintech innovations to facilitate and secure digitalization of payments. Our mission is to connect our clients providing unique financial and technological solutions to make the impossible accessible and simple.

QIWI is a leading provider of cutting-edge payment and financial services in Russia and the CIS. We offer a wide range of products under several directions: QIWI payment and financial services ecosystem for merchants and B2C clients across digital use-cases, ROWI digital structured financial products for SME, Flocktory services in marketing automation and advertising technologies, and several other startups.

QIWI has an integrated proprietary network that enables payment services across online, mobile and physical channels and provides access to financial services for retail customers and B2B partners. Our network allows over 27 million of customers and partners to accept and transfer RUB 148 billion of cash and electronic payments monthly. Company’s money remittance payment platform connects businesses and people from over 185 countries via over 670 thousand service points. Our customers and partners can use cash, stored value, prepaid cards and other electronic payment methods in order to pay for goods and services or transfer money across virtual or physical environments interchangeably, as well as employ QIWI’s open API infrastructure and highly customizable, sophisticated payment solutions to serve their business or personal needs. Our ROWI brand serves businesses with digital factoring, bank guarantees and other financial solutions for SMEs.

For the FY 2020 QIWI had revenue of RUB 40.6 billion and an Adjusted EBITDA of RUB 13.8 billion. QIWI’s American depositary shares are traded on the NASDAQ and Moscow Exchange (ticker: QIWI).

For more information, visit investor.qiwi.com.



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