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Texas Takes $1.4B Settlement in Data Privacy Case Following Analysis from Quandary Peak

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5 months ago

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LOS ANGELES, Aug. 5, 2024 /PRNewswire/ — Quandary Peak Research, a Los Angeles-based consulting firm specializing in expert analysis of software and computing technology, contributed to a biometric data privacy case that resulted in a $1.4 billion settlement for the State of Texas against Meta, formerly named Facebook. To aid in establishing that Meta was improperly collecting biometric information, Quandary Peak expert Jason Frankovitz performed source code analysis of the technologies accused of violating Texas laws.

Plaintiffs McKool Smith, along with Keller Postman and the Texas Attorney General’s Office, filed the complaint on behalf of Texans who uploaded photographs onto Meta’s social media platforms, such as Facebook and Instagram. The suit alleged that Meta used people’s personal photographs to produce facial recognition templates without adequate consent in violation of Texas’ Capture or Use of Biometric Identifier Act (CUBI).

For months, Frankovitz worked closely with a team of computer scientists and software engineers, exhaustively poring over Meta’s confidential source code, documenting how the facial recognition system worked. He traced the code, documented paths of execution, and briefed the legal team about discoveries relevant to the language of the statute. The evidence Frankovitz collected was essential in explaining how the system operated; evidence which often provides state agencies powerful leverage in settlement negotiations.

The CUBI law is similar to Illinois’ Biometric Information Privacy Act (BIPA), which also requires consent before facial recognition can be legally performed. Notably, Frankovitz and other software experts at Quandary Peak worked on BIPA cases prior to their engagement with the Texas Attorney General’s Office.

Jason Frankovitz, Director of Software Class Actions, joined Quandary Peak in 2014 and has testified in numerous trials since then. His background in server-side application development and expertise in mobile/web technologies were valuable assets during the case. While his considerable experience spans various areas, his work at Quandary Peak often draws heavily on his expertise in web applications, Internet technologies, open-source software, and best practices in software development.

About Quandary Peak Research
Quandary Peak Research provides expert analysis of complex technology to companies, law firms, and investors. Clients leverage Quandary Peak’s expertise in computer and software technology for various types of civil litigation, including cases alleging patent infringement, copyright infringement, trade secret misappropriation, and breach of contract. Software experts at Quandary Peak perform source code analysis, technical due diligence, software quality audits, and forensic investigations. Quandary Peak experts also testify as expert witnesses at hearings and trials in U.S. District Court, state courts, the International Trade Commission (ITC), the U.S. Patent and Trademark Office (USPTO), and other venues.

For media inquiries, please contact:
Jeremiah Deasey
Manager of Digital Marketing, Media, and Brand
jeremiah@quandarypeak.com

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SOURCE Quandary Peak Research

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TerraMaster Launches the New TNAS Mobile 3 with Various New Features for Efficient NAS Management

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50 minutes ago

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December 26, 2024

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SHENZHEN, China, Dec. 26, 2024 /PRNewswire/ — TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, launched new TNAS Mobile 3 application compatible with the latest TOS 6, introducing a host of new features and optimizations such as updated UI, TNAS Online and photo backup and one-touch initialization. With these improvements, the latest version of TNAS Mobile 3 ensures users enjoy a more convenient, efficient, and powerful NAS management experience, all from the palm of hands.

TNAS Mobile 3 New Features

Upgraded TNAS Online Management
Upgraded to TNAS Online 2, with a 500% speed improvement, providing smoother and more stable mobile access, ensuring seamless operation from anywhere.

One-Touch NAS Initialization
Users can now easily initialize the TNAS directly from mobile device. Simplified operation process for quick deployment and initialization of the TOS system.

Perfectly Compatible with TOS 6
Seamlessly integrates with the latest TOS 6 operating system, users can explore all features of TOS 6 on the mobile phone.

Optimized Overall UI and Photo Backup
The TNAS Mobile 3 app now boasts a cleaner, more intuitive interface for a smoother user experience. And the photo backup transfer process has been improved to increase efficiency and stability.

Media Index Management
The app also introduces a new media index management feature. Smart indexing for quick retrieval of media files on TNAS, offering the convenience of one-click activation across platforms.

User Management
A new user management feature has been added, allowing administrators to centralized manage and control user access more efficiently. Enable flexible allocation and control of permissions.

Shared Folder Management
The app now includes enhanced shared folder management. Users can easily create and edit shared folders with detailed control over access permissions.

Availability
TerraMaster new TNAS Mobile 3 V3.3.038 is now available for download and installation through Google Play Store and Apple App Store. More details, please visit:
https://www.terra-master.com/global/tnas-mobile3/.

Follow TerraMaster on social media:
Facebook: https://www.facebook.com/terramasterofficial
Twitter: https://twitter.com/TerraMasters
LinkedIn: https://bit.ly/3wKrjmr
YouTube: https://bit.ly/3dMXGIK
TikTok: https://www.tiktok.com/@terramaster_official  

About TerraMaster
TerraMaster is a professional brand that focuses on providing innovative storage products, including network attached storage and direct attached storage that has become increasingly popular in over 40 countries and regions. The brand has been developing storage technology for 10 years, addressing the needs of customers such as home users, small/medium businesses, and enterprises.

Contact:
Yuki Shi
+86 755 81798272
388067@email4pr.com

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SOURCE TerraMaster

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Sapiens to Participate in the 27th Annual Needham Growth Conference on January 15, 2025

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50 minutes ago

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December 26, 2024

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ROCHELLE PARK, N. J., Dec. 26, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Roni Giladi, Chief Financial Officer, is scheduled to participate in the 27th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City, January 14 – 16, 2025. Sapiens will host a group presentation on January 15, from 2:15 p.m.- 2:55 p.m. Eastern Daylight Time (EDT) in “Holmes 1″ and conduct one-on-one meetings the same day.

A webcast of management’s presentation can be found on the company’s IR website under the events section, at https://sapiens.com/investor-relations/. For more information about the conferences or to schedule a one-on-one meeting with Sapiens, please contact your Needham representative at the respective firm. The firms hosting the conference reserve the right to adjust a company’s meeting schedule, including its presentation time. It is recommended that participants confirm all meeting and presentation times with the conference organizers.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.

For more information visit https://sapiens.com or follow us on LinkedIn 

Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations, Sapiens
Yaffa.cohen-ifrah@sapiens.com 

Investors Contact
Kimberly Rogers
Managing Director, Hayden IR
kim@HaydenIR.com 

 

Logo:  http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg

 

 

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SOURCE Sapiens International Corporation

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Pocamarket Named ‘Best K-POP Photocard Platform’ at 2024 KBS N Brand Awards

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50 minutes ago

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December 26, 2024

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SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — Pocamarket, the pioneering K-POP photocard trading platform operated by Infludeo Co., Ltd., has received the prestigious ‘Best K-POP Photocard Platform’ award at the 2024 KBS N Brand Awards. The ceremony, organized by KBS N, a subsidiary of Korea’s national public broadcaster KBS (Korean Broadcasting System), recognizes outstanding brands for their excellence and industry impact.

Since its inception, Pocamarket has established itself as the trusted destination for K-POP enthusiasts seeking to trade photocards in a secure and streamlined environment. The platform’s commitment to fan experience extends to its physical presence through PocaSpot, an interactive retail space in Seoul’s vibrant Hongdae district. This innovative space serves as a hub for both domestic and international fans to acquire authentic photocards while experiencing Korean pop culture firsthand. Building on this success, the company has announced plans to launch its second PocaSpot location in Myeongdong during 2024.

The recognition underscores Pocamarket’s transformation from a specialized trading platform to a significant force in promoting global K-POP culture. As the international K-POP community continues to grow, Pocamarket maintains its position as an industry leader by delivering exceptional value and authentic experiences to fans worldwide.

“This recognition reflects the unwavering support and trust of our global fan community,” stated a Pocamarket representative. “We remain dedicated to developing innovative solutions that ensure a seamless and secure experience for K-POP enthusiasts everywhere. Our mission is to continue evolving alongside our users while fostering the growth of K-POP culture internationally.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/pocamarket-named-best-k-pop-photocard-platform-at-2024-kbs-n-brand-awards-302339178.html

SOURCE Pocamarket

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