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Charter Linkz Provides Shuttle Services for Port Authority of NY & NJ in Response to Hoboken PATH Closure

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HOBOKEN, N.J., Jan. 28, 2025 /PRNewswire/ — Charter Linkz, a leading provider of transportation solutions, is proud to support the Port Authority of New York and New Jersey (PANYNJ) by providing critical shuttle services during the temporary closure of the Hoboken PATH station. This service will ensure continued connectivity for thousands of commuters affected by the closure, scheduled from Thursday, January 30th, through Monday, February 25, 2025.

The station closure, necessary for essential maintenance and infrastructure upgrades, will disrupt normal transit routes for residents and commuters. In response, Charter Linkz is deploying a fleet of shuttle buses to facilitate transportation to and from key transit hubs, minimizing the impact on daily travel.

“We understand how vital the PATH system is to the region’s commuters, and we are committed to ensuring that alternative transportation is reliable and efficient,” said Joseph Lucci COO at Charter Linkz. “Our team has mobilized quickly to provide a seamless shuttle service, helping to bridge the gap while improvements are made.”

Service Details:

Shuttle Routes: Connecting Hoboken with alternative transit hubs, including New Port and Exchange Place.Operational Hours: Continuous service during peak hours, with frequent departures to reduce wait timesPassenger Experience: Comfortable, ADA-compliant buses with professional drivers ensuring safe and timely transport

Charter Linkz has a long-standing reputation for providing safe and dependable transportation for major agencies, businesses, and events. As a trusted partner of PANYNJ, the company brings its expertise in high-capacity transit solutions to this critical initiative.

For the latest updates visit www.charterlinkz.com 

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SOURCE Charter Linkz

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Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis

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DUBAI, UAE, Jan. 31, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes.

This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined.

Key Insights:

BTC Open Interest Shows Minimal Movement – Despite the highest single-day trading volumes in BTC call options this month – reaching nearly $250 million during the spot price decline – volatility has continued to decline in both realized and implied terms. Short-tenor options are exhibiting lower volatility with a neutral skew, while longer-dated volatility smiles maintain a bullish bias towards out-of-the-money (OTM) calls, continuing a trend seen since the election.ETH Options Maintain Bullish Momentum – Trading volume for ETH options has surged to its highest levels in a month, with open interest remaining heavily weighted toward calls. While the global market sell-off briefly impacted short-tenor ETH volatility smiles, ETH options have continued to trade at higher volatility levels relative to BTC. Despite ETH‘s spot recovery lagging behind BTC’s, its options market remains strong.

Solana Options See Solid Open Interest – Following a price rally spurred by the launch of two presidential meme coins, Solana (SOL) has retraced alongside the broader crypto market. However, open interest in puts and calls remains elevated, with trading activity surpassing pre-rally levels. Stable levels of newly opened put options suggest strategic protective buying to hedge profitable long positions in other instruments.

The Bybit x Block Scholes Crypto Derivatives Analytics Report continues to provide actionable insights for traders and investors, offering a detailed breakdown of market trends and trading dynamics.

Access the Full Report here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

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KORE Appoints Jared Deith as Chief Revenue Officer to Accelerate Market Leadership and Innovation

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ATLANTA, Jan. 31, 2025 /PRNewswire/ — KORE Group Holdings, Inc. (NYSE: KORE) (“KORE” or the “Company”), a global leader in IoT solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today has named Jared Deith as Executive Vice President and Chief Revenue Officer (CRO). Deith, an established entrepreneur, brings a strong track record of building high-performing teams and driving transformative growth in the IoT market.

Deith’s appointment comes as part of an organizational redesign following the departure of KORE’s prior Executive Vice President and Chief Revenue Officer. Deith’s responsibilities in his prior role as Executive Vice President, Connected Health will be consolidated with his new responsibilities as CRO.

“I’m honored and excited to step into the role of CRO and drive KORE to expected new heights of success and growth,” said Deith. “In my recent role leading the Global Connected Health business, I’ve seen firsthand the transformative power of IoT solutions for our customers. Many are fueling their growth through connected devices and require highly available, secure, and scalable solutions—perfectly aligned with KORE’s strengths.” 

“As a proven leader in the IoT market, Jared brings a growth mindset and an unwavering customer focus, making him the ideal choice,” said Ron Totton, Chief Executive Officer of KORE. “His entrepreneurial spirit and execution-focused approach will help us redefine what’s possible in the IoT space.”

Tim Donahue, KORE’s Chairman of the Board of Directors, added, “Jared has a keen understanding of customer needs and a relentless drive and energy—exactly what’s needed to build on KORE’s strong foundation and take the Company to new heights.”

In his new role, Deith will oversee global sales, partnerships, marketing and revenue operations, accelerating KORE’s momentum as the go-to provider for IoT solutions. 

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit www.korewireless.com.

Cautionary Note on Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “momentum” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. In particular, statements relating to KORE’s business outlook, objectives, development, plans, growth strategies and other strategic priorities; KORE’s estimated position and strengths in the IoT market; estimations of addressable markets and customer growth; and statements relating to KORE’s future growth, business, prospects and opportunities, as well as other statements that are not historical facts, constitute forward-looking statements. These statements are based on various assumptions and on the current expectations of KORE’s management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; risks related to the rollout of KORE’s business and the timing of expected business milestones; risks relating to the integration of KORE’s acquired businesses, changes in the assumptions underlying KORE’s expectations regarding its future business; the effects of competition on KORE’s future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE’s expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact:

Stephen Rana
Senior Content Marketing Manager
sbell@korewireless.com

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SOURCE KORE

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Roman DBDR Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 3, 2025

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Roman DBDR Acquisition Corp. II (Nasdaq: DRDBU) (the “Company”) announced today that, commencing February 3, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “DRDB” and “DRDBW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “DRDBU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Roman DBDR Acquisition Corp. II

Roman DBDR Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, the Company intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries.

The Company’s management team is led by Dixon Doll, Jr., its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), John C. Small, its Chief Financial Officer, and Dr. Donald G. Basile, its Chief Technology Officer. The Board also includes James Nelson, James Nevels, Bryn Sherman and Michael Woods.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact:

Roman DBDR Acquisition Corp. II
John Small
jcsmall@romandbdr.com
(917) 273-8429

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SOURCE Roman DBDR Acquisition Corp. II

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