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LG CALLS FOR DEVELOPERS TO PARTICIPATE IN LG webOS HACKATHON 2024

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Selected Finalists to Receive Funding to Develop and Launch Their Gaming or Lifestyle App on LG Smart TVs

SANTA CLARA, Calif., July 9, 2024 /PRNewswire/ — LG Electronics announced a call for participants for its annual global webOS hackathon, with a focus this year on AI-based solutions and gaming services. Developers worldwide are invited to apply and submit their apps for a chance to win a significant monetary prize along with the opportunity to present onstage to LG executives in Seoul, South Korea, this September.

As a web-centric platform with an easy-to-use Smart TV software development kit, webOS enables developers to create third-party services and apps for millions of homes worldwide. The platform offers developers the tools to create apps and services that engage media, devices, security, networking, Smart TV functionalities and more. Through this hackathon, developers will have the opportunity to build and launch their app on LG Smart TVs, directly reaching consumers with their business.

Powering LG Smart TVs, including the award-winning LG OLED TV, for over a decade, webOS platform has been acclaimed as a friendly user interface, with easy navigation and customization to provide users with the premium entertainment experience expected from an LG products. Now, with an always-growing ecosystem of global partners, the webOS platform is set to drive the next generation of service innovation.

In addition, LG is committed to offering a diverse range of gaming services by continuing to expand the webOS ecosystem through partnering with gaming industry leaders to bring its customers a broad selection of options for different preferences and interests, while advancing the gaming capabilities of its outstanding OLED TVs. A growing offer of cloud gaming services and family games are available on LG Smart TVs in global markets.

To participate in the hackathon, applicants will need to submit their applications here.  Applications for the hackathon are now open and will close on July 26th.  Following the application process, participants will be invited to a webinar to learn more about the API and hackathon details. Finalists will be notified by mid-September.

For more information about the hackathon, including detailed event schedules with Terms & Conditions, please visit https://weboshackathon.lge.com/.

The hackathon will begin with a virtual webinar in early July. Participants will choose to create a game or lifestyle service app using either the Web or Flutter framework, with the opportunity to earn additional merit points for utilizing AI. The app, scenario and demo video must be submitted by August 26. Selected winning developers will then be invited to Seoul to present their ideas in front of top LG executives on September 27.

Cash prizes will be awarded to the top three winners of the hackathon, with a USD $100,000 Grand Prize for first place, $80,000 for second place and $50,000 for third place. The winners will also receive technical support leading up to the rollout of their app as well as on-device promotional opportunities after the launch. Winning apps must be ready for release on the LG Content Store by the end of June 2025.

“LG webOS Hackathon 2024 aims to attract creators worldwide who are building lifestyle solutions,” said Chris Jo, senior vice president of platform business at LG Home Entertainment Company. “LG is committed to engaging with the gaming community on a global scale, partnering with developers to nurture the next generation of talent using LG’s developer platform.”

About LG Electronics Home Entertainment Company
The LG Home Entertainment Company is a recognized innovator in televisions and audio-video systems. LG offers an elevated home entertainment experience through its award-winning OLED TVs and QNED LED TVs powered by the innovative webOS smart TV platform. Aiming to help provide consumers with top-class user experience, all of LG’s home entertainment products are designed with environmental sustainability in mind, from production all the way through to disposal. For more news on LG, visit www.LGnewsroom.com.

About webOS platform
webOS platform has powered LG TVs for over a decade and has been acclaimed as a friendly user interface, allowing for easy navigation and customization. With an always growing ecosystem of global partners, lifestyle services and UI innovation, webOS is set to drive LG’s future growth into cross device and out-of-home experience.

LG Channels is LG’s exclusive free streaming service, offering a wide selection of premium live and on-demand programming, including movies, TV shows, news, sports, comedy, anime, and more. With an always growing number of channels, LG TV, smart monitor or projector owners can easily discover their favorite programs by launching the LG Channels application on their LG screen. Since 2024, LG Channels for Automotive was launched increasing the customer base. For more news on LG, visit www.LGnewsroom.com.

Media Contacts:

LG Electronics USA
Linda Quach
+1 408 903 3045
linda.quach@lge.com

Rick Cohen
+1 212 885 0543
rick.cohen@lg-one.com

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SOURCE LG Electronics USA

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SitusAMC Releases ValTrends Quarterly Report, “Fog on the Tracks,” as CRE Investors Pause Amid Uncertainty, Signal Optimism on Resilient Sectors

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NEW YORK, May 21, 2025 /PRNewswire/ — SitusAMC is pleased to announce the release of its latest quarterly research report, ValTrends, offering data-driven insights into commercial real estate (CRE), valuation trends, space market fundamentals, and investor sentiment. The quarter’s report, titled Fog on the Tracks, explores how ongoing economic uncertainty, volatility in public markets, and a pullback in deal activity are shaping investor behavior. While CRE investors pause for the fog to clear, certain indicators point toward green shoots on the track, especially for quality multifamily property.

The report, authored by Peter Muoio, PhD, Head of SitusAMC Insights, and Jen Rasmussen, PhD, Vice President, SitusAMC Insights, combines proprietary market research with exclusive survey data from institutional investors to provide a comprehensive analysis of capital market conditions and current state of CRE valuations.

Key takeaways include:

Investor Sentiment & Market Outlook: While investors consider CRE a safe haven, widespread economic uncertainty and erratic equity market performance have led them to adopt a cautious, wait-and-see approach. Even though deal activity continues to slow, making valuations more challenging, early signs of recovery are emerging. Select CRE sectors are showing improving returns and tapering supply, setting the stage for potential rebound in rent growth.Capital Market Trends: Signs of Stability EmergeInvestor sentiment toward CRE improved in Q1 as the asset class was increasingly viewed as a safe haven following early April policy announcements and equity market chaos.Debt and equity capital became more disciplined amid heightened policy uncertainty and after a relaxing of standards in 2024.CRE cap and discount rates did not move much; remained flat in Q1.After signs of a market thaw in 2024, investor recommendations to hold assets jump amid the current state of political and economic uncertainty.Sector Preferences: As investors seek stability amid ongoing market ambiguity, preferences are shifting sharply. Apartments surged to the top of investor rankings with the strongest sentiment recorded in over a decade, buoyed by low new supply and consistent returns. Apartments have seen four consecutive quarters of positive returns. Retail followed behind, viewed as a steady performer insulated from economic uncertainty. Office remained at the bottom of investor rankings.

“The quarter’s findings illustrate a CRE market in flux,” said Muoio. “Investors are prioritizing resilience and stability as they navigate an uncertain market environment. Apartments stand out as a favored asset class thanks to limited supply and sustained demand. Meanwhile, office continues to struggle, though early signs of stabilization are appearing in some sectors.”

The full report also includes in-depth assessment performance data for all sectors, including total return, occupancy change, and rent growth, as well as anonymized commentary from institutional investors and strategic insight to help market participants make informed decisions for their investments.

The release of this thought leadership report reinforces SitusAMC’s commitment to providing deep insights, analysis, and intelligence that power the full lifecycle of real estate finance. The report is invaluable to those seeking to stay informed and competitive in today’s fast-paced business environment.

The report can be downloaded here: SitusAMC ValTrends 1Q25

About SitusAMC
SitusAMC is a leading independent provider of strategic outsourcing, advisory, talent, and technology solutions to the commercial and residential real estate finance industries. The company helps clients identify and capture opportunities in their real estate businesses through industry-leading solutions that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity. For more information visit www.SitusAMC.com.

Press Contacts:
Great Ink Communications
Roxanne Donovan
Eric Waters
Francisco Miranda
Jimmy Lappas
212-741-2977
395594@email4pr.com

SitusAMC
Andy Garrett 
Head of Marketing 
395594@email4pr.com 

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SOURCE SitusAMC

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CNCF Shares Schedule for Open Observability Summit North America, Gears Up for Inaugural Event

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The event will unite observability leaders, developers, and end users to drive progress in observability tools and best practices

SAN FRANCISCO, May 21, 2025 /PRNewswire/ — The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, today announced the full schedule for Open Observability Summit.

“Observability is a necessity at cloud native scale,” said Chris Aniszczyk, CTO, CNCF.

Announced last month, the new event will take place June 26, 2025 in Denver, Colorado as a co-located event at Open Source Summit North America. Running alongside OTel Community Day, Open Observability Summit will convene observability practitioners, developers, and contributors to explore vendor neutral best practices, align on standards, and examine emerging trends like AI-powered observability.

“Observability is a necessity at cloud native scale,” said Chris Aniszczyk, CTO, CNCF. “In a fast-paced, competitive environment, organizations cannot afford downtime, blind spots, or fragile systems. This event creates a vendor neutral space for the open source observability community to come together, collaborate and foster innovation.”

The schedule features keynotes, sessions, and lightning talks designed to support observability practitioners, developers, and maintainers working together to innovate. Attendees will gain insight into end-to-end observability strategies, understand how leading teams are using OpenTelemetry and AI to manage complexity, and connect with peers tackling similar challenges across industries.

Highlighted sessions include:

Building Composable OTel Pipelines: CI/CD, Testing, Team-First, and Scalable Design – Anil Kuncham & Joe Canuel, DoorDashFaster Insights and Improved Accuracy: Spotify’s Prometheus Upgrade – Lauren Roshore, SpotifyWeaving Legacy and OpenTelemetry: A Schema Strategy With WeaverAndrew Wang, Comcast CableTelemetry Showdown: Fluent Bit Vs. OpenTelemetry Collector – A Comprehensive Benchmark Analysis – Henrik Rexed, DynatraceObservability-First DevSecOps: Building Resilient Multi-Cloud Pipelines With OpenTelemetry and GitOpsRavindra Bhargava, UPS

The sessions reflect the community’s top priorities, from scaling telemetry pipelines to integrating observability into platform engineering workflows. Building on the momentum from KubeCon + CloudNativeCon Europe, where observability dominated discussions, Open Observability Summit offers a timely opportunity for organizations to address growing operational complexity, boost system reliability, and connect with the practitioners and contributors driving innovation across the ecosystem.

Datadog has joined Chronosphere and the OpenSearch Foundation as a Strategic Partner sponsor, further highlighting continued investment in growing a vibrant, standards-based observability ecosystem. As a leading observability platform, DataDog provides end-to-end visibility across infrastructure, applications, and logs, and plays an active role in promoting open standards.

Sponsorship opportunities will remain available until May 27. Review the prospectus here.

Learn more about Open Observability Summit and to view the full schedule here.

Standard registration is live and offered at US$249 through June 10, which represents a savings of US$150. A reduced registration rate is available for current full time students and faculty. Learn more here.

Members of the press who would like to request a press pass to attend should contact pr@cncf.io.

Additional Resources

CNCF NewsletterCNCF TwitterCNCF WebsiteLearn About CNCF MembershipLearn About the CNCF End User Community

About Cloud Native Computing Foundation
Cloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry’s top developers, end users, and vendors and runs the largest open source developer conferences in the world. Supported by more than 800 members, including the world’s largest cloud computing and software companies, as well as over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit www.cncf.io.

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.

Media Contact
Kaitlin Thornhill
The Linux Foundation
pr@cncf.io

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SOURCE Cloud Native Computing Foundation

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EaseUS Released 2025 Q1 Windows System Drive Usage Report: Key Insights and Future Trends

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NEW YORK, May 21, 2025 /PRNewswire/ — EaseUS, a leading provider of data recovery, file backup, and disk management solutions, has unveiled its Windows System Drive Usage Report 2025 Q1, offering critical insights into global system disk usage trends, drive preferences, and future storage demands.

This report is based on data collected by EaseUS software in March 2025, covering an initial sample of 884,305 Windows system disks, with 117,198 disks retained after filtering. The dataset represents global Windows users, with the largest user bases located in Europe, the Americas (North and South), and Asia.

1. Key Insights

System Disk Type: SSDs are dominant, with 84.41% of users using them as system drives, while only 15.59% of users use HDDs.Partition Format: GPT is the preferred format, enabling better performance and capacity management.System Disk Partition Count: Most systems have 3 – 4 partitions on the primary disk, including the C: drive, recovery partitions, and EFI system partitions.C Drive File System: NTFS remains the standard file system for C: drives, offering better security, permissions, and compatibility.C Drive Capacity: The majority of SSD users allocate between 128GB and 256GB for the C drive (37.23%), while HDD users typically assign larger capacities, with 32.28% allocating 256GB – 512GB and 27.01% opting for 512GB – 1 TB.BitLocker Status: Only a minority of users enable BitLocker, suggesting a gap in data security awareness or compatibility issues.Drive Manufacturer: The SSD market is fragmented with leaders like Samsung, Crucial, and Kingston. HDDs are dominated by Seagate, Western Digital, and Toshiba, holding nearly 80% market share.

2. Future Trend

Standardize on GPT and SSD: Continued transition from MBR to GPT and HDD to SSD is expected, driven by performance and capacity needs.Encourage Larger C: Drives: With growing OS and software demands, allocating more space to C: drives is increasingly critical.Promote BitLocker Adoption: Enhancing awareness of BitLocker could improve overall data security across user bases.Optimize Partitioning Practices: Users should be guided to manage recovery, EFI, and system partitions more effectively to avoid wasted space.

As SSDs continue to gain popularity due to their superior speed, reliability, and performance, users are increasingly turning to them for system drives. To learn more about upgrading, replacing, or managing SSDs and HDDs, please visit the official EaseUS website: https://www.easeus.com

CONTACT: 
Rebecca Wu
adas@easeus.com 

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SOURCE EaseUS Software

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