Day: August 10, 2022

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Street Cred Capital Selects Synchronoss to Offer Personal Cloud as Part of its Mobile Device Financing Program

Finance Company Represents Unique Market Opportunity to Resell Synchronoss’ Personal Cloud Solution and Expand the Value of Device Financing

BRIDGEWATER, N.J. , Aug. 09, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital products and platforms, today announced that Street Cred Capital has signed a Letter of Intent to become a distributor of the Company’s value-added Personal Cloud solution. Synchronoss’ Personal Cloud product provides a turn-key solution for companies seeking to integrate or bundle personal cloud as a value-added service.

Serving leading North American carriers, MVNOs and retailers, Street Cred Capital offers six lending product options for financing new devices and value-added solutions. Integrated into the online and point-of-sale shopping experience, as well as the credit application flow, Street Cred Capital makes it extremely easy and affordable to purchase products and complementary services, significantly improving sales performance and increasing revenue.

The Synchronoss solution enables Street Cred Capital to offer a Personal Cloud bundle at a discounted rate as part of every financed purchase. This unique offer allows subscribers to backup, sync, and organize a broad range of digital files between devices and the cloud. Subscribers can finance cloud over 12, 18, and 24-month plans, and the value of each subscription will range from $50 to $400, depending on the type of plan selected.

Through its mobile sales channel ecosystem, Street Cred Capital offers funding solutions to address nearly 32 million customers. Personal Cloud is ideal for mobile carriers and MVNOs, internet service providers, security monitoring companies as well as insurance, financial services, and lenders to offer new, revenue-generating solutions and value-added bundles.

“We have successfully expanded our Synchronoss Cloud solutions to serve the needs of global service providers, insurance companies, and retailers, and Street Cred would represent an exciting new market opportunity for our personal cloud platform,” said Jeff Miller, President and CEO of Synchronoss.

“Leveraging our vast mobile industry experience, we’re focused on curating best-in-class products and services to enhance our financing program and provide additional value to the customers we serve,” said Clint Fayling, CEO of Street Cred Capital. “Personal Cloud offers a complementary, value-added service that can be easily bundled with any Street Cred financing offer to increase average order value and customer lifetime value for our carrier, MVNO, and retail partners. We look forward to working with Synchronoss to deliver Personal Cloud solutions.”

About Street Cred Capital
Street Cred Capital delivers the best-in-class lending solutions tailored for the mobile industry — and its customers. A Colorado-based fintech leader, Street Cred provides fast and affordable lending tools that empower mobile device carriers and retailers to grow their businesses. In delivering a configurable portfolio of lending products and services that connect consumers to industry-leading lenders, Street Cred provides a streamlined customer qualification experience, the highest approval rates, and the most competitive customer rates in the marketplace. Learn more at www.streetcredcapital.com.

About Synchronoss
Synchronoss Technologies (Nasdaq: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
[email protected]

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
[email protected]

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UL FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Unilever PLC Investors to Secure Counsel Before Important August 15 Deadline in Securities Class Action – UL

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unilever PLC (NYSE: UL) between September 2, 2020 and July 21, 2021, both dates inclusive (the “Class Period”), of the important August 15, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Unilever securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that in July 2020, Ben & Jerry’s board passed a resolution to end sales of its ice cream in “Occupied Palestinian Territory” as well as the risks attendant to the board’s decision. Additionally, Unilever’s s description of its legal risks was materially false and misleading because Unilever acknowledged that complying with all applicable laws and regulations was important but omitted discussing Ben & Jerry’s boycott decision, which risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states (“Anti-BDS Legislation”).

On July 19, 2021, Unilever and its hand-picked Ben & Jerry’s CEO, finally “operationalized” the Ben & Jerry’s board’s resolution to boycott. Ben & Jerry’s announced on its website and through its Twitter account that, upon the expiration of the current licensing agreement by which its products had been distributed in Israel for decades, Ben & Jerry’s would end sales of its ice cream in “Occupied Palestinian Territory” but Ben & Jerry’s would purportedly continue to sell its products in Israel.

Ultimately, the states of New York, New Jersey, Florida, Texas, Illinois, Colorado, and Arizona announced decisions to divest their pension fund investments in Unilever due to violations of their Anti-BDS Legislation.

When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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Govt put national economy on positive trajectory: Dastgir

Minister for Power Khurram Dastgir Khan says the government has put the economy of the country on a positive trajectory.

Addressing a news conference in Islamabad on Wednesday, the situation will further improve in next two months.

Referring to the speeches of PTI leaders, the Minister said freedom of speech and expression is a constitutional right but has to be exercised within the contours of the constitution.

He said freedom of speech and expression does not mean hideous social media campaigns against state institutions.

Source: Radio Pakistan

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Steps being taken for development of Gwadar Port: Faisal Sabzwari

Minister for Maritime Affairs Faisal Sabzwari has said that revolutionary steps are being taken for the development of Gwadar Port.

Addressing a news conference at Karachi Port Trust on Wednesday, he said Prime Minister Shahbaz Sharif is keenly interested in the development of the Gwadar port.

He said that cross stuffing has been allowed in the Gwadar port and the work on the new LNG terminal is underway in full swing.

He said that the ministry of maritime affairs is playing a key role in the revenue generation and our ports are also playing a vital role in the development of the country’s economy.

Faisal Sabzwari said that various steps are being taken to bring reforms in the customs sector and to enhance profit of the ports.

Source: Radio Pakistan

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Parliament can ensure prosperity, inclusive development in country: NA Speaker

Five-day Diamond Jubilee celebrations of the First Constituent Assembly of Pakistan were launched at Parliament House in Islamabad on Wednesday.

The 1st Constituent Assembly of Pakistan held its first session on 10 August 1947.

In his message on the occasion, Speaker National Assembly Raja Pervaiz Ashraf said Parliament being representative of masses can ensure prosperity and inclusive development in the country.

He said the incumbent Parliament is cognizant of its responsibilities and exercising its parliamentary oversight of the executive.

Raja Pervaiz Ashraf said both the Treasury and Opposition Benches have a vital role in strengthening Parliament as it is the place where decisions are made based on the aspirations of the masses.

In his message, Deputy Speaker Zahid Akram Durrani said the incumbent Parliament is a true representative of people that would strengthen democracy and democratic norms in the country.

He said the coalition government is especially focusing on bringing positive changes in the lives of common man.

Speaker National Assembly Raja Pervaiz Ashraf inaugurated a five-day photographic exhibition at Parliament House in Islamabad today, marking the Diamond Jubilee Celebrations of the Constituent Assembly of Pakistan.

Talking to media on the occasion, he said Parliament is the custodian of dreams and aspirations of the people of Pakistan and this photographic exhibition is a marvelous depiction of our parliamentary history.

The Speaker National Assembly said rare and historic photographs of Quaid-i-Azam Muhammad Ali Jinnah, the first President of the Constituent Assembly of Pakistan and other parliamentary leaders are on display on the five-day exhibition for the people.

He said these photos will be preserved in National Assembly library after the exhibition.

Raja Pervaiz Ashraf said the sanctity of Parliament is paramount and both the Treasury and Opposition Benches have the responsibility to maintain it.

He said let us move beyond all political interests and join hands to make this Parliament a true representative of the people working for their welfare and prosperity.

Source: Radio Pakistan