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New GSMA report shows mobile internet connectivity continues to grow globally

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LONDON, Oct. 23, 2024 /CNW/ — The benefits of mobile connectivity have yet to be fully realised as 43% of the global population – equivalent to 3.45 billion people – still do not use mobile internet, according to the latest GSMA ‘State of Mobile Internet Connectivity 2024‘ report.

While the proportion of the global population using mobile internet on their own device continues to increase annually, the rate of user growth is slowing. 160 million people started using mobile internet last year, compared to 2015-2021 when more than 200 million new users were added each year.

Closing the gaps

The findings from the latest report – funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida) via the GSMA Mobile for Development Foundation – include:

4.6 billion people (57% of the global population) now use mobile internet on their own device350 million people (4% of the global population) live in areas without mobile internet networks (the coverage gap)3.1 billion people (39% of the global population) live within mobile internet coverage but do not use it (the usage gap). The usage gap is nine times the size of the coverage gapIn Sub-Saharan Africa, only 27% of the population use mobile internet services, leaving a 13% coverage gap and 60% usage gap

Closing the usage gap would be worth an estimated $3.5 trillion to the global economy during 2023-2030, with 90% of this impact benefiting low- and middle-income countries (LMICs).

For the unconnected in LMICs, device affordability and digital skills and literacy are the main barriers to mobile internet adoption.

In these countries, entry-level internet-enabled devices cost 18% of average monthly income, with this rising to 51% for the world’s poorest 20%. In Sub-Saharan Africa, which accounts for a quarter of the global unconnected population, this rises to 99% of average monthly income for the region’s poorest 20%.

John Giusti, Chief Regulatory Officer at the GSMA, said: “Despite continued progress in expanding the reach of network infrastructure and in increasing mobile internet adoption, significant digital divides remain.

“Collaboration among governments, international organisations and the mobile industry is essential to addressing barriers such as affordability, digital skills, and awareness of the mobile internet and its benefits. This effort must also focus on investing in local digital ecosystems and ensuring robust online safety frameworks.”

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SOURCE GSMA

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Mason Investment Advisory Services Achieves New Heights in Barron’s “2024 Top 100 RIA Firms”

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RESTON, Va., Oct. 23, 2024 /PRNewswire/ — Mason Investment Advisory Services, Inc. (Mason), a registered investment advisory and financial planning firm based in Reston, VA, is proud to announce its recognition in Barron’s 2024 Top 100 RIA Firms ranking. Climbing to 61st place—up 16 spots from last year—Mason has consistently appeared on Barron’s list over the past five years, reflecting its commitment to excellence in wealth management. Based on data for the 12- month period ending June 30, 2024 and awarded on September 16, 2024.

Mason Investment Advisory Services is proud to announce its recognition in Barron’s 2024 Top 100 RIA Firms ranking.

“We are honored to be recognized by Barron’s as one of the top RIA firms in the country,” said Chris Schreiner George, Co-Chief Executive Officer and Chief Operating Officer of Mason. “This ranking reflects our team’s hard work and our clients’ trust in us. We remain dedicated to providing personalized financial guidance and exceptional service to help our clients achieve their goals.”

As noted by Barron’s, “The rankings serve two distinct types of Barron’s readers. For wealth management professionals, they act as an industry scorecard… For investors, the rankings are a tool that can help them find a financial advisor who is right for them.” The rigorous methodology includes a prequalification process and a detailed survey, ensuring a comprehensive evaluation of advisors.

The Top 100 RIA Firms is based on assets managed by the firms, growth, technology spending, succession planning, and other metrics. For more information about the rankings and how they are compiled, please see the following link. https://www.barrons.com/advisor/report/top-financial-advisors/ria/2024?page=1&mod=faranking_2024

About Mason Investment Advisory Services, Inc.

Founded in 1982, Mason works with private individuals, families, and institutions (foundations, endowments, corporate funds, and retirement plans) in 45 states and in DC, is independently owned, and does not offer any proprietary products. Mason has approximately $12.5 billion in assets under management.  Mason is an investment advisor registered with the SEC. Please note that SEC registration does not constitute an endorsement of the firm by the Commissioner, nor does it indicate that the firm’s advisors have attained a particular level of skill or ability.

Disclosures

Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Mason did not pay to participate in this ranking. For additional information about industry awards and rankings please see https://masoncompanies.com/awards-disclosures/.

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SOURCE Mason Investment Advisory Services, Inc.

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World Leaders in Aeronautics, Defence and Aerospace to attend the Marrakech Air Show

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The Marrakech Air Show 2024 (MAS), a key event in the global aviation industry calendar, will be held from 30 October to 2 November at the Royal Air Force Training Base in Marrakech.With over 12,500 m² of exhibition space, 200 exhibitors and 50 official delegations expected to attend, this show is a major platform for players in the aeronautics, defense and aerospace industries, offering them the opportunity to showcase their innovations and make strategic connections.Airbus, CATIC, EDCC, Embraer, Heliconia, Lockheed Martin, Tata Advanced Systems, among others, will be on hand at this year’s Marrakech Air Show.

MARRAKECH, Morocco, Oct. 23, 2024 /PRNewswire/ — Under the High Patronage of His Majesty King Mohammed VI, may God help Him, the 7th Marrakech Air Show will showcase Morocco’s growing role in global aeronautics and bring together industry leaders. Organized jointly by the Ministry of Industry and Trade, the National Defence Administration and MEDZ, a subsidiary of the Caisse de Dépôt et de Gestion, it serves as a premier event for sector innovations and a platform for business opportunities.

A hub for global leaders and experts

MAS will host professionals and delegations from around the world. The prestigious exhibitors include top names in aerospace and defense. The Marrakech Air Show 2024 offers opportunities for strategic partnerships, market expansion, and commercial agreements. Notable attendees include executives from Airbus, Hexcel, Orizio Group, Pratt & Whitney, EDGE, and Le Piston Français Group.

Innovation and networking at MAS’s core

The future of Moroccan aeronautics will thus be a central focus of MAS with the integration of AI, with the aim of providing an overview of the major advances being made in the sector.

On this occasion, solutions explored by Morocco in terms of alternative fuels and low-carbon technologies will also be presented, in line with its environmental commitments and new sustainability projects.

Aeronautics in Morocco in figures :

With 21,000 jobs, aeronautics is a key driver of industrial employment in Morocco. The growing presence of women in leadership reflects a commitment to inclusiveness. In just a few years, Morocco has become a leading aerospace player in Africa, with $2.1 billion in exports, double-digit growth, and 40% local integration, attracting global industry leaders.

For more information: https://marrakechairshow2024.com 
Follow us: LinkedIn, X, Facebook and Instagram

Media Contact: 
Oscar Valero, oscar.valero@marco.agency

 

 

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From No-Code to No-Chain: Cosmology Launches Hyperweb, Intuitive Blockchain Ecosystem Bringing JavaScript Developers On-Chain

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Hyperweb is an end-to-end TypeScript ecosystem enabling seamless dApp development for millions of developers.

SAN FRANCISCO, Oct. 23, 2024 /PRNewswire/ — Cosmology is excited to announce the launch of Hyperweb, a groundbreaking end-to-end TypeScript blockchain ecosystem that empowers developers with best-in-class UI and client-side tooling paired with a TypeScript smart contract development environment.

Built on Cosmology’s innovative vision for no-chain web development, Hyperweb eliminates the technical barriers that have limited decentralized app development to a niche group of 26,000 active Web3-specific programmers (Electric Capital). Just as Node.js brought JavaScript to the server-side and revolutionized Web2, Hyperweb does the same for Web3. With its UI, client-side tools, and TypeScript-based smart contracts, it seamlessly connects frontend and backend development, enabling builders to deploy on-chain applications using the world’s most popular programming language. This unified approach closes the gap between web and blockchain development, allowing developers to craft both user interfaces and smart contracts in a familiar, accessible environment.

“Hyperweb allows the 20 million-strong Javascript developer community to easily begin experimenting with the world of decentralized applications, reducing the steep learning curve often associated with blockchain development,” said Dan Lynch, Founder of Cosmology. “Our goal is to make Web3 development as intuitive as building websites in Web2, with a focus on usability and accessibility.”

What started as a simple innovation for web design laid the foundation for a much bigger vision: empowering developers across multiple digital eras.

Lynch and Cosmology have a history of simplifying complex web development. In his first ventures, Lynch created drag-and-drop, no-code website builders — tools that transformed how enterprises and small developers alike built online experiences without needing technical expertise.

The launch of Hyperweb represents the evolution of no-code and low-code with “no-chain,” embracing an ethnographic design approach that caters to Web2 and JavaScript developers. It provides a familiar environment for creating decentralized applications using TypeScript and JavaScript, unlike current blockchain technologies that often require learning esoteric languages.

The key is shared syntax for the data between the frontend and backend of development. As the first blockchain bringing TypeScript on-chain, Hyperweb empowers web developers to harness composability and censorship resistance using their current skill set and traditional development practices, effectively giving them a new superpower in dApp creation.

“With Hyperweb we can finally make the web whole again,” added Lynch. “Web3 has existed as a largely isolated ecosystem when its greatest potential lies in augmenting the existing web. On Hyperweb developers from all backgrounds — whether Web1, Web2, or Web3 — can collaborate and innovate.”

Bringing Hyperweb into existence is Cosmology, a team that includes pioneers who architected and built IBC, the Cosmos SDK, Tendermint, and the Cosmos Hub and Osmosis blockchains. Their expertise in developer experience and tooling for the interchain is central to Hyperweb’s mission.

Cosmology’s journey began by tackling the most challenging aspects of dApp creation. Their tooling rapidly gained traction by solving complex encoding and cryptography challenges, streamlining development and bridging the gap between backend and frontend teams. Their innovations quickly became the standard for exposing blockchain protocols for client-side development, cementing their position as crucial tool builders in the ecosystem.

Building on this success, Cosmology developed nine products for the interchain, which are now recognized by the Interchain Foundation, a backer of Cosmology, as official components of the Interchain Stack. These products are today powering hundreds of blockchains and thousands of smart contracts.

Hyperweb is Cosmology’s latest innovation, building on the success of its battle-tested no-chain infrastructure trusted by hundreds of blockchains, including dYdX, Celestia, and Osmosis, plus Lynch’s long history building enterprise no-code solutions for enterprises like GE and Visa, creative powerhouses such as IDEO and New York Fashion Week, entertainment giants like WME/IMG, and even the NFL.

This holistic on-chain platform expands the pool of potential blockchain developers from thousands to millions by leveraging familiar web technologies. It bridges the gap between Web2 and Web3, empowering traditional web developers to seamlessly contribute to the evolution of a unified internet ecosystem.

Hyperweb is in its nascent stages, presenting a unique opportunity to get involved from the ground up, pre-testnet. Its JavaScript Virtual Machine is primed for building and testing smart contracts, and its starter kit empowers web developers to create blockchain applications using familiar TypeScript with built-in end-to-end testing capabilities.

With its forthcoming testnet launch, Hyperweb will launch with Interchain Security (ICS), allowing it to leverage the robust security of the Cosmos Hub and its ATOM token. Join us at the inception of a network designed to accelerate Web3 growth and adoption that’s set to become an integral part of the interchain.

About Hyperweb
Hyperweb, the end-to-end TypeScript blockchain ecosystem, provides best-in-class UI and client-side tooling to pair with its TypeScript smart contract development environment. By enabling smart contract creation in the most popular development language on the planet, Hyperweb significantly lowers the barrier to entry for the 20 million+ JavaScript developers worldwide.

About Cosmology
Cosmology is redefining software creation with the “printing press” for code, democratizing development and elevating developers to work on a higher conceptual plane. By successfully engineering an optimized developer experience, our tools for Web2, Web3, and AI have amassed over 30 million downloads. LaunchQL, our PostgreSQL toolkit, powers 1.5M+ databases for industry leaders like Supabase and Neon DB. Cosmology, our Web3 suite, supports 150+ blockchains, including multi-billion dollar market cap giants like dYdX, Celestia, and Osmosis, which process billions of dollars of transactions monthly.

Our no-code, low-code, and no-chain paradigms operate at the very DNA of software, revolutionizing the developer experience. Founder Dan Lynch brings two decades of expertise in launching successful no-code ventures, raising over $120M and serving Fortune 100 brands. His no-code website builder, Brandcast, was acquired by TIME. Our team includes Cosmos ecosystem pioneers who created the first Ethereum bridge in the interchain, shaped the IBC protocol, and led development of critical blockchain infrastructure such as the Cosmos SDK, Cosmos Hub, and Osmosis.

Cosmology continues to push the boundaries of software development, making it more accessible and powerful for developers worldwide.

Press Contact
Frank Spence
385319@email4pr.com
415-294-1157

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SOURCE Cosmology

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