AU$12 million deal between Optus Business and CSR

Optus Business has announced a AU$12 million deal with the Australian Industrial Company CSR, which is a contract for providing data, voice, and mobile services for CSR Limited. This contract binds Optus Business to provide aforementioned services for a span of 3.5 years to the 150 CSR sites across the Australian territory.

Managing director of Optus Business, John Paitaridis stated that technology is transforming the work is done and how businesses function bringing in the need for scalable, high capacity, resilient enterprise grade network. Many enterprises including CSR are rapidly working towards growing volume of data needed for harnessing latest technology developments that change the way employees and customers engage and interact with enterprises.

Optus Business stated that the network is a suitable environment for latency-sensitive and bandwidth-intensive business applications and the new mobility capability provides the businesses with cost assurance. Apart from CSR other enterprises have also showcased interest in the capabilities of Optus Business. The company had also announced being chosen by New South Wales government for providing fixed data, voice and internet service offerings for over five years which is a part of the government’s Telecommunications Purchasing Arrangements.

The general manager at CSR for enterprise IT Craig Butriss stated that the company continues to invent in its technology in order to deliver best experience for their customers and employees. CSR team needed cost-competitive and scalable network as they recognized the significance of data for their business. He further added that Optus Business services would offer a robust foundation for their IT strategy

Recent Studies Show Nail chewing can harm your Health

Many of us have a habit of chewing nails. But no matter how much we try, this habit does not leave because it damages our health. Not only this, but the nail chewing habit also tells a lot about your personality. If you chew nails, then the reason behind this may be to believe in your perfection. Such a research has been said.

By now most people thought that if a person chews nails, it means that he is nervous or worried. However, according to a study published in the Journal of Behavior Therapy and Experimental Psychiatry, people who chew nails have the possibility of being a perfectionist.

In addition, stomach / CT test was done to cure coronary calcium. Based on the risk factors given in coronary calcium and their medical records, three different atherosclerotic cardiovascular disease risk scores were observed.

According to a recent study, coronary calcium levels in the patient’s body can be ascertained by blocking arteries such as coronary diseases and the danger of heart attack. This study was presented in the American Heart Association Scientific Sessions 2018. Significantly, the number of people suffering from heart-related diseases is increasing.

In research, 1107 patients were studied by the Intermountain Medical Center Heart Institute. In these patients, no coronary disease was previously identified. PET-stress test was done to test them.

This study was studied on a group of 48 people in which more than half of people had a serious habit of chewing nails. For all the participants, some situations which created tension and special feelings like Bordam were created, and in these circumstances, changes in their behavior were notices.

The research concludes that those who prefer to bring their work to work, were feeling more troubled during these circumstances and chewing nails was the reason for this problem.

Samsung BioLogics announces the completion of contract with U.S. Biogen

The transfer of assets with regard to Samsung Bioepis call option contract was announced by the company on Tuesday which was with the U.S. Biogen. With respect to this contract, Samsung BioLogics would transfer 9,226,668 shares of Samsung Bioepis to Biogen which along with interest on equity shares and acquired share price are worth $677.2 million. Biogen would manage Samsung Bioepis post completion of the call option contract.

CEO, Samsung BioLogics, Kim Tae-han said that with the biosimilar business was able to achieve considerable results even initially, with this joint venture with Biogen. They would further work towards remaining a successful joint venture with a globally recognized biotechnology company with close cooperation in the coming years as they begin a complete management system by ending this transfer of assets, Kim added.

The company would delete its assets worth 2.2 trillion won to be sold and derivative liabilities worth 1.9 trillion won that are being reflected in the present financial statement. Moreover, the company would register a 414.2 billion in the fourth quarter of the year, of non-operating income which is acquired from subsidiary disposal.

Samsung BioLogics owned a 91.2 percent stake in the Samsung Bioepis by 2015-end and turned it into an affiliate entity ahead of its initial public offerings on November 10. 2016. Samsung BioLogics gained profit post the change in the company value of Samsung Bioepis from acquisition value, also known as book value or fair value.

The cash equivalents assets and cash assets would witness a rise to 1.2 trillion won from 477.9 billion won, with a decline in debt ratio to 42.6 percent from 94.6 percent.

NZ startup to expand with a AU$500k Fund

A New Zealand company, Dotterel Technologies announced a fund of AU$500k round which was led by some strategic investors. The company is a startup that is known for developing audio recording technology and noise reduction for drones. With this fund, the company plans to extend its patent protection, expand the team, strengthen their research and development avenue, and increase the capabilities of their production for their future prospects and next-generation product offerings.

The COO and Co-founder of Dotterel Technologies, Shaun Edlin, this fund acts as a vital strategy for the company as it brings the opportunity of bringing a talented workforce into the company for developing new products and further extend their patent protection. Post its Techstars Adelaide defense accelerator program, Dotterel Technologies has achieved an exposure to mentors that have a high caliber and the startup firm could build a network in the global defense sector.

Edlin further added that in the defense and security, drones need stealth, while the noise prevents its use in residential areas in terms of the logistics application of drones. He further stated that, regulations for UAVs and drones is transforming around the world in which, noise-mitigation would become a necessity. Dotterel’s technology would gain an opportunity to become an industry standard for the drone of the future generation, being a first mover.

The company is currently discussing with the top investors and focuses of closing the seed funding of over NZ$1 million in the month of February. Moreover, Dotterel Technologies is exploring collaboration projects with major defense and corporate teams in the coming future.

Avanci Nokia Deal

Avanci is known for its vision and capabilities of bringing predictability and convenience to the technology licensing process. It includes all 2G, 3G, and 4G standard essential patents for twenty companies in its one stop marketplace for the Internet of Things. Moreover, the company announced that a global leading recognized for creating technology for connecting the world, Nokia has joined their technology licensing program. Nokia, with this step, brings one amongst the most expensive portfolios of crucial 2G, 4G, and 3G patents into the one-stop solution of Avanci for the IoT manufacturers. Nokia is the twentieth patent owner to take part in the Avanci marketplace.

Kasim Alfalahi, founder and CEO of Avanci said that their vision has always been to create a one-stop market-place for wireless patent owners and IoT manufacturers, which enable streamlined innovations and greater efficient technology sharing. He further added that post Nokia’s addition to their platform, they have realized that Avanci now focuses on offering license that covers a huge majority of the cellular standard essential patents across the globe and the feel pride as Nokia trusts in their model.

According to the senior vice president and head of Nokia’s Patent Business, Jenni Lukander, With Nokia’s steps to join Avanci platfrom, they would have more choices in taking a license for covering their portfolio of standard essential cellular patents of 4G, 3G, and 2G.

Following its growth from initial five patent owners to the current 20 patent owners, the company looks forwards to join hands with more companies that seek the addition of connectivity to their IoT products.