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Successful Certification of Kalray’s Smart Storage Adapter
Kalray (Paris:ALKAL) (Euronext Growth Paris: FR0010722819 – ALKAL), a pioneer in processors for new intelligent systems, today announced that its K200™ Coolidge™ based smart storage adapter solution has been certified for NVM ExpressTM over Fabrics (NVMe-oF) with TCP (NVMe™/TCP) protocol by the NVM Express organization through the University of New Hampshire InterOperability Laboratory (UNH-IOL), an independent testing provider of standard conformance solutions and multi-vendor interoperability. Data Centers are undergoing a very important revolution with rapidly evolving network architectures and technologies. This is mainly due to the explosion of usages, the surge of data to be processed and the resulting exponential growth of the number of machines to be managed to support this growth. Until now, storage has been one major bottleneck of this expansion. The introduction of flash memory-based SDD (Solid-State Drive) with hyper-fast communication protocols such as NVMe™/TCP, offers a breakthrough solutions to the industry to massively scale up and increase performance of existing data centers. Smart storage adapters and associated storage appliances (including Ethernet storage expansion servers called "JBOF”) are at the heart of this revolution. Dennis Hahn, Senior Analyst, Cloud & Data Center at OMDIA stated in his report, Data Center Storage Equipment Market
Stock Alert: Dave & Buster's Rises
(RTTNews) - Shares of entertainment and dining venues operator Dave & Buster's Entertainment, Inc. (PLAY) are rising more than 10% Monday morning at $17.70. The company announced the proposed private offering of $500 Million of Senior Secured Notes Due 2025 by Dave & Buster's, Inc., unit of the company. The company expects to use the proceeds from the Offering to repay all amounts outstanding under its Term Loan Facility and to repay drawings under its Revolving Credit Facility Dave & Buster's Entertainment stock is currently trading at $17.75. It has been trading in the range of $4.60- $48.80 in the past 52 weeks.
China overtakes US as world’s biggest box office in 2020
China has surpassed the US in movie ticket sales for the first time ever, making it the world’s biggest box office, according to new data. Year-to-date movie ticket sales in China climbed to $1.99 billion on Sunday, topping the US total of $1.94 billion, according to Asian film consultancy data Artisan Gateway. The gap is expected to widen by year’s end, as major Hollywood movie studios have pulled their big budget holiday releases, such as the new James Bond flick “No Time to Die” and the superhero flick “Black Widow,” starring Scarlett Johansson. The US is still struggling to manage the spread of the coronavirus, causing movie theaters to operate at limited capacity and in some states, not at all. Meanwhile, China, which was the first country to be hit by the virus, has reportedly contained its contagion and has seen a rebound in moviegoing. China’s tens of thousands of movie houses are operating at 75 percent capacity. During the recent weeklong National Day holiday, running Oct. 1 to Oct. 8, China’s cinemas sold a whopping $586 million worth of tickets, the report said. According to ticket sales tracker Box Office Mojo, for the non-holiday weekend of Oct. 9- 11,
CVS hiring 15,000 as it braces for more COVID-19 cases this fall
CVS Health said Monday it is hiring 15,000 people to administer COVID-19 tests and flu vaccinations as it prepares for an expected surge in cases this fall and winter. More than 10,000 of the new hires will be licensed pharmacy technicians who can give COVID-19 tests — and who the company hopes will also be authorized to administer vaccinations. “Additional team members typically are needed every flu season,” head of human resources Lisa Bisaccia said in a statement. “However, we’re estimating a much greater need for trained pharmacy technicians this year given the continued presence of COVID-19 in our communities.” Some 4,000 CVS drive-throughs also serve as a COVID-19 testing sites across the country. Many of these jobs are temporary, the company said and include pharmacists, nurses, physician assistants and distribution center employees. In March, at the onset of the pandemic, the company announced plans to hire 50,000 employees in what it described as “the most ambitious hiring drive in the company’s history.” The 15,000 new hires are in addition to those previously announced positions, the company said. CVS has been pushing state legislatures to allow licensed pharmacy technicians to give vaccinations. Only six states, Idaho, Michigan, Nevada, Rhode Island,
Saudi retail chains join growing informal boycott of Turkish products
RIYADH (REUTERS) - Saudi Arabia's biggest supermarket chains this week joined a growing boycott of Turkish imports proposed by business leaders and Saudis on social media, as political tensions spilled into trade between the two regional powers. Turkey and Saudi Arabia have been at loggerheads since the 2011 "Arab Spring" over Ankara's support for Islamist political groups. The 2018 murder of Saudi journalist Jamal Khashoggi in the kingdom's Istanbul consulate escalated tensions sharply. Othaim Markets, Danube Supermarkets, Tamimi Markets and Panda Retail Company issued statements announcing they would stop carrying Turkish goods once existing stocks are sold off. "Our leaders, our government and our security are a red line and they do not accept to be harmed," Othaim Markets said in the statement on its company Twitter account. Saudi Arabia's government media office has said authorities have not placed any restrictions on Turkish goods. However, in an apparently informal boycott of imports of Turkish goods, signs urging customers not buy Turkish goods were seen in some retail stores in the capital Riyadh last week. The head of Saudi Arabia's non-governmental Chambers of Commerce, Ajlan al-Ajlan, called for the boycott earlier
