Connect with us

Technology

Verkada Releases 2024 Impact Report, Commits to Reaching Net Zero Emissions by 2045

Published

on

SAN MATEO, Calif., March 1, 2024 /PRNewswire/ — Verkada, a leader in enterprise building security and management, today launched its inaugural Impact Report and committed it will reach net zero emissions by 2045. As Verkada’s business continues to rapidly scale, so has the company’s impact on the communities where it operates: today more than 1 million Verkada devices are online protecting people and property for 22,000 customers in 70 countries.

“While our mission is focused on the people and the property that we’re protecting, safety and sustainability is something that we think about holistically as we build new products and grow as an organization,” said Dervilla Lannon, VP of People & Community Impact at Verkada. “Ultimately, our platform creates a safer environment in which people can live and thrive over the long term. Our Impact Report and the sustainability commitments we’ve made demonstrate how we are building a safer, more sustainable future together with our customers, partners, and suppliers.”

Sustainable impact built into Verkada’s products

Verkada plays a meaningful role in how its customers fulfill their sustainability requirements related to the health and safety of their people, their communities, and their environment. Through products such as its Air Quality Sensors, which can monitor for air pollutants as well as heating and cooling to optimize energy usage, Verkada is empowering its customers to minimize their carbon footprints.

Sustainable impact built into Verkada’s operations

Verkada’s people strategy, designed to support the company’s growth and positive impact, is a reflection of its responsibility to create environments, programs, and opportunities that enable employees and communities to thrive. Among the steps Verkada has taken to embed sustainability into its operations include:

Commuter Benefits: Verkada has an in-office work culture, and each office location has been chosen so employees can optimize public transit in their commutes. To further help employees reduce energy consumption and carbon emissions, Verkada provides $200 per month for each employee to use toward public transit options and other commuting expenses in their cities.Office Sustainability: In Verkada offices that serve lunch and dinner, the company donates excess food at the end of each day to local soup kitchens, shelters, and non-profit organizations.  Verkada Gives: Verkada’s global philanthropic initiative allows the company to provide its time, products, and resources to causes that align with its mission. Since Verkada Gives was launched in 2021, Verkada has supported over 100 causes.

Strategy and accountability for Verkada’s future

Verkada is committing that it will reach net zero emissions by 2045. Current initiatives being implemented today in service of this goal include setting an environmental management system in place to measure Verkada’s carbon footprint, engaging with vendors and suppliers on enhancing their sustainability practices, and implementing a recycling program for Verkada hardware.

Read Verkada’s 2024 Impact Report.

About Verkada

Verkada is the leading physical security platform to protect people and properties in a privacy-respecting manner. Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace and intercoms — provide unparalleled building security through an integrated, secure cloud-based software platform. Over 20,000 organizations across 70 countries worldwide trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/verkada-releases-2024-impact-report-commits-to-reaching-net-zero-emissions-by-2045-302077585.html

SOURCE Verkada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Drive TLV and NXP Collaborate to Advance Smart Mobility Solutions

Published

on

By

TEL AVIV, Israel, May 12, 2025 /PRNewswire/ — Drive TLV, a smart and sustainable tech mobility innovation hub based in Tel-Aviv, Israel, is excited to announce its collaboration with NXP® Semiconductors, a trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets.

The collaboration aims to accelerate technological advancements in areas such as Autonomous Driving, Radar Systems, Autonomous Mobile Robots (AMRs), AI-enabled use cases in the automotive sector and more.

Drive TLV will facilitate collaborations between NXP and participating companies, identifying startups with the necessary capabilities and technologies to tackle industry challenges and bring market-ready solutions to fruition.

NXP will gain access to a vast network of startups, enhancing its reach to cutting edge technologies across the mobility, automotive, and energy sectors. The cooperation aims to enrich NXP’s wide array of solutions with new and innovative product ideas and concepts.

“Drive TLV will further open the door for NXP to collaborations with Drive’s dynamic ecosystem of startups and global partners,” said Martin Gruber VP of Corporate Strategy at NXP. “This opportunity allows us to explore cutting-edge technologies, and we look forward to all that this collaboration has to offer.”

“We are thrilled to welcome NXP as part of our ecosystem at Drive TLV. Their commitment to forward-thinking technology and innovation aligns perfectly with our mission to empower groundbreaking Automotive, Industrial, & IoT solutions.” Itay Erel, CEO at Drive TLV, said. “We look forward to creating impactful collaborations for a smarter and more connected future.”

About Drive TLV

Drive TLV is a unique innovation hub focused on smart mobility. Drive TLV leverages its in-depth knowledge of the Israeli hi-tech ecosystem to handpick the most promising smart mobility startups and enhance their business with strategic guidance. Drive TLV also forms and maintains strong partnerships with industry-leading global mobility enterprises. Finally, Drive TLV creates perfect matches between its startups and their industry leading partners, generating value for both. When needed, Drive TLV molds the startups’ innovative technologies to suit its partners’ needs and helps both parties co-create viable market-ready solutions.

Contact:

Drive TLV
+972584799580
samantha@drivetlv.com

View original content:https://www.prnewswire.com/news-releases/drive-tlv-and-nxp-collaborate-to-advance-smart-mobility-solutions-302452225.html

SOURCE Drive TLV

Continue Reading

Technology

LG ANNOUNCES INITIAL PRICING AND AVAILABILITY FOR ITS LG OLED B5 SERIES

Published

on

By

ENGLEWOOD CLIFFS, N.J., May 12, 2025 /PRNewswire/ — LG Electronics (LG) is rolling out its 2025 OLED B5-series TV lineup in the United States. Led by the 83-inch LG OLED B5, the B-series inherits LG’s latest in AI technology, and introduces improved processing, powerful gaming features and enhanced picture quality. The 83-inch LG OLED B5 ($4,499) is available now for pre-order on LG.com with additional sizes (77-, 65- and 55-inch) available now at LG-authorized retailers. For more information, visit LG.com.

LG OLED B5, a well-balanced choice that combines visual excellence with compelling gaming performance 
With Perfect Black and Perfect Color technology on over 8.3 million self-lit smart pixels powered by the Alpha 8 AI Processor Gen2, LG’s OLED B5 series is designed to create an incredible viewing experience. Like other LG OLED models, the B5 supports Dolby Vision®, Dolby Atmos®, HDR10 Pro and FILMAKER MODE™.1 For dynamic action and fast-paced gaming, the B5 series delivers a suite of premium gaming features, including NVIDIA G-Sync, AMD FreeSync Premium & VRR and up to 120 Hz refresh rate. Users can enjoy the B5’s gaming features – no console needed – with multiple cloud gaming apps including NVIDIA GeForce NOW, Amazon Luna and more. Recently introduced to LG Smart TVs in over 25 countries is the Xbox app.2 Bring games to life with LG TVs’ vivid 4K upscaling and enjoy hundreds of high-quality Xbox games with an Xbox Game Pass Ultimate membership and compatible Bluetooth gaming controller.3

The 2025 B-series also leverages advanced AI features that understand and adapt to individual audio and visual preferences. By analyzing over 1.6 billion image settings and 40 million sound profiles, the AI Picture & Sound Wizard develops a personalized viewing experience tailored to the user. This tailored experience is enhanced with use of LG’s AI Magic Remote which allows for quick and easy access to TV controls via the new AI button. AI Welcome greets users by name and provides tailored recommendations based on their preferences and viewing habits, while AI Voice ID adds convenience by recognizing individual voices, automatically switching profiles and delivering content suggestions that match personal tastes.

For more information on LG’s lineup of OLED TVs, visit LG.com.

1 Dolby, Dolby Vision, Dolby Atmos, and the double-D symbol are registered trademarks of Dolby Laboratories Licensing Corporation. Manufactured under license from Dolby Laboratories. Confidential unpublished works. Copyright © 2012–2025 Dolby Laboratories. All rights reserved.
2 Xbox Cloud Gaming (Beta) is available in Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Japan, South Korea, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, UK and USA. Internet connection required.
3 Internet connection, Xbox Game Pass Ultimate subscription, and compatible Bluetooth gaming controller required. Xbox Cloud Gaming (Beta) requires Game Pass Ultimate subscription and supported device (both sold separately). Select regions (http://xbox.com/regions), devices (http://xbox.com/cloud-devices), and games (http://xbox.com/play). Available on select LG Smart TV devices supporting webOS 24 and newer versions. Image quality of upscaled content may vary based on source resolution.

About LG Electronics USA
LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com.

Media Contacts:

LG Electronics USA                                                               

LG Electronics USA

Chris De Maria                                                                       

Christin Rodriguez  

christopher.demaria@lge.com                                               

christin.rodriguez@lge.com

LG-One

Amy Dalkoff

LGMSUS@LG-One.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-announces-initial-pricing-and-availability-for-its-lg-oled-b5-series-302451780.html

SOURCE LG Electronics USA

Continue Reading

Technology

24 Exchange Launches Trading of FX Non-Deliverable Swaps

Published

on

By

HAMILTON, Bermuda, May 12, 2025 /PRNewswire/ — 24X Bermuda Limited (“24 Exchange“) today announced the launch of FX Non-Deliverable Swaps (NDS) trading, expanding the company’s range of FX offerings on its robust global platform. The FX NDS product is now live and available for trading across major non-deliverable currency pairs, providing financial institutions with enhanced liquidity at the cost-effective pricing levels 24 Exchange is known for.

The new FX NDS product mirrors the streaming functionality and workflow that 24 Exchange currently provides for FX Non-Deliverable Forwards (NDFs) trading. NDS trading features Standard Chartered Bank as the single counterparty, and is accessible via the 24 Exchange platform’s user-friendly and efficient graphic user interface (GUI). Importantly, the FX NDS product is available over the same API as other FX products ensuring efficient and easy access.

“We’re excited to bring Non-Deliverable Swaps to our platform, leveraging the strong demand and engagement we’ve seen from our institutional users in the NDF space,” said 24 Exchange CEO and Founder Dmitri Galinov. “This launch reflects our continued focus on broadening access to innovative FX products through cost-efficient, technology-driven solutions that enable users to efficiently maximize liquidity.”

This expansion comes on the heels of another single day trading volume record set by the 24 Exchange platform last week of $8.2 billion in total NDF trading – underscoring the platform’s growing role in global FX markets.

In addition to NDS, 24 Exchange also offers NDF, deliverable FX Swaps, and Spot trading to institutional users. Since its launch in 2019, 24 Exchange’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost.

24 Exchange is developing 24X National Exchange, the first stock exchange to receive approval from the U.S. Securities and Exchange Commission to offer trading of U.S. securities 23 hours each workday. 24X National Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members. This new exchange expects to launch its initial stage in the second half of 2025, with trading from 4:00AM ET to 7:00PM ET on weekdays.

About 24 Exchange
24 Exchange allows market participants to seamlessly exchange their exposures at the lowest possible cost. 24 Exchange’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/.

Media Contact:
Eric Andrus, KARV
24Xmedia@karv.global

 

View original content:https://www.prnewswire.com/news-releases/24-exchange-launches-trading-of-fx-non-deliverable-swaps-302451938.html

SOURCE 24 Exchange

Continue Reading

Trending