Yes, your DNA can be up for sale — we just saw it happen
As the recent $256M acquisition of 23andMe shows, yes, your DNA can be bought and sold. What private companies can do with biometric data may surprise you, and we've only seen the tip of the iceberg so far.
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Yahoo
13 minutes ago
- Yahoo
EXCLUSIVE: Saks Global Broadens Emily Essner's Role; Mary McGreevy Named Chief Stores Officer
Saks Global has widened the role of Emily Essner, president and chief commercial officer, and has promoted Mary McGreevy to chief stores officer for Saks Fifth Avenue and Neiman Marcus. The changes stem from a 'strategic realignment' to integrate the Saks Fifth Avenue and Neiman Marcus store teams into the central commercial organization, Saks Global disclosed Friday to WWD. More from WWD Saks Global Team to Outline Men's Strategy at Pitti Uomo Saks Global Update: What's on the Minds of Vendors Saks to Open Isabel Marant Pop-up at Flagship With the change, all customer-facing functions for Saks Fifth Avenue and Neiman Marcus, including brand partnerships and buying, merchandise planning, marketing, digital, commercial analytics and customer insights — and now store experience as well — will be part of the Saks Global commercial organization, led by Essner. The switch has led to some other key executive changes. Mary McGreevy has been named chief stores officer for the Saks Fifth Avenue and Neiman Marcus stores, reporting to Essner. McGreevy previously served as regional vice president, South region, for Saks Fifth Avenue and Neiman Marcus. Larry Bruce, president of stores for Saks Fifth Avenue and Neiman Marcus, is leaving the company. McGreevy had reported to Bruce. 'We are continuing to execute on our integration strategy, and with that, we are creating a more unified approach in how we serve customers,' said Marc Metrick, chief executive officer of Saks Global, in a statement Friday. 'By integrating our store teams into the commercial function, we will be better positioned to capitalize on opportunities to better serve our customers, driving growth for our business and that of our brand partners.' Essner reports to Metrick. Essner said in a statement: 'Mary is a results-oriented leader with an impressive track record of delivering customer-centric strategies that accelerate performance and drive impact across our stores. Building on the solid foundation laid by Larry, she brings a distinctive blend of visionary thinking, entrepreneurial spirit and a deep understanding of the evolving needs of today's luxury consumer. With her ability to cultivate high-performing teams and elevate the customer experience, I'm confident she is the right leader to oversee our Saks Fifth Avenue and Neiman Marcus stores in this next chapter and deliver on our ambitious goals.' 'My focus is on supporting and enabling our teams to curate tailored customer experiences that fuel growth,' McGreevy stated. Bruce is credited with pioneering Saks Fifth Avenue's clienteling program and sharpening the company's focus on differentiated client experiences to create loyalty and customer value. Prior to his role overseeing the Saks Fifth Avenue and Neiman Marcus stores, he served as president of the Saks Fifth Avenue stores. 'Larry has played a pivotal role in shaping our business over his 22-plus year tenure,' Metrick said. 'During this time, he has been a wonderful thought partner and a constant source of support. He has shown great leadership during this important integration period for our company, ensuring stability, continuity and a strong foundation for our future as Saks Global.' McGreevy has more than two decades of strategic customer-focused and operational leadership at Saks and elsewhere. Her role has spanned business development, customer engagement and cross-functional partnerships with key brand stakeholders. Her new role does not include Bergdorf Goodman, which has a separate buying and stores team from Saks Fifth Avenue and Neiman Marcus. Since joining Neiman Marcus in 2018, McGreevy has held several leadership spots, where she has played a pivotal role in driving performance across its NorthPark flagship in Dallas and other key markets. 'She has led complex store openings and renovations, evolved selling structures and built high-performing teams that consistently exceeded financial targets,' Saks Global indicated in its statement. 'Earlier in her career, Mary spent over 15 years at Bloomingdale's, where she led store openings and spearheaded initiatives that reshaped the customer experience and selling model for the brand. Her early experience in merchandising, buying and sales continues to inform her leadership style.' Essner was promoted to president and chief commercial officer at Saks Global in December, when Saks Global consummated its $2.7 billion deal to buy the Neiman Marcus Group. Before that, Essner was chief marketing officer for Saks Fifth Avenue for four-and-a-half years, and earlier Saks's senior vice president of marketing and digital for more than three years. Earlier in her career, she was vice president of corporate strategy at the Hudson's Bay Co., director of corporate strategy at Saks Fifth Avenue and a senior associate at McKinsey & Co. Through the integrations of its operations, Saks Global, while looking to operate more efficiently and respond to trends and customer needs faster, is seeking to cut about $600 million in annual costs. This spring, approximately 550 workers were terminated, cutting 3 percent of Saks Global's total workforce following cuts made earlier in the year. Another 500 jobs were also eliminated when Saks closed an owned fulfillment center in Tennessee recently. Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns
Associated Press
13 minutes ago
- Associated Press
Kinterra Capital Submits Proposal to Acquire 100% of New World Resources
TORONTO and PERTH, Australia, June 22, 2025 /PRNewswire/ - Kinterra Capital GP Corp. II ('Kinterra'), in its capacity as general partner of the Kinterra Critical Materials & Infrastructure Opportunities Fund II, LP, confirms that it has submitted a non-binding, indicative proposal to acquire 100% of the shares in New World Resources Limited (ASX: NWC) ('New World' or the 'Company') for an all cash consideration of A$0.057 per share ('Kinterra Proposal'). The Kinterra Proposal is subject to a very short period of confirmatory due diligence, and to limited other conditions, including no regulatory conditions. Kinterra believes the Kinterra Proposal is in the best interest of New World shareholders and represents a Superior Proposal to the revised agreement entered into by New World and Central Asia Metals Plc (LON: CAML) on June 20, 2025. In addition, Kinterra currently has a 19.16% relevant interest in NWC shares, making it highly unlikely that the proposed CAML scheme will be successful. Kinterra looks forward to constructive engagement with the New World Board of Directors over an expedited timeline. About Kinterra Capital Kinterra Capital is a private equity firm that invests in the people, ideas, critical materials, and strategic infrastructure necessary to accelerate the development of the modern economy. Kinterra leverages significant domain specific technical and transactional expertise to source and manage investments that create value for its stakeholders, all while supporting the communities within which we operate through meaningful partnerships. At Kinterra, we focus on creative ideation, rigorous analysis and executing with excellence to make investments that will create sustainable, strong and secure supply chains. For more information about Kinterra Capital, please visit View original content to download multimedia: SOURCE Kinterra Capital Corp
Associated Press
14 minutes ago
- Associated Press
Trinsec7 Launches Affordable Cybersecurity Solutions for Families, Bridging the Gap Between Enterprise Protection and Home Security
Trinsec7 announces the launch of affordable, enterprise-grade cybersecurity solutions for families. The service extends deep learning and automated threat detection, safeguarding smart homes, personal data, and family networks without the high price tag. United States, June 23, 2025 -- Trinsec7 Delivers Affordable Cybersecurity to Homes, Protecting Families from Emerging Digital Threats In an age where every aspect of daily life is connected to the internet, cybersecurity has become more essential than ever. Yet, for many families, the cost of robust protection has been out of reach. Trinsec7, a cybersecurity company with decades of experience in the Intelligence Community and federal law enforcement, is changing that. The company has announced the launch of its innovative, affordable cybersecurity solutions designed to protect home networks, family video calls, and sensitive data. By leveraging military-grade encryption and automated threat detection, Trinsec7 is making enterprise-grade protection accessible to households nationwide. Bridging Enterprise-Grade Protection to Families at a Fraction of the Cost Trinsec7's cybersecurity solutions are built on the same trusted frameworks used by government agencies and large corporations, but they are tailored to meet the needs of residential customers at a fraction of the cost. 'For decades, enterprise-grade security has been reserved for high-budget businesses and government organizations,' said James Otis, VP of Business Development and Security at Trinsec7. 'Our mission is to provide families with the same level of protection, ensuring that their personal information and devices remain secure without breaking the bank.' The company's offerings include automated detection of potential threats, and real-time monitoring to ensure that a family's online presence is safe from hackers and cybercriminals. These solutions provide protection for everything from Wi-Fi networks to social media accounts, providing peace of mind to families concerned about their privacy. How Trinsec7's Cybersecurity Solutions Work Trinsec7's cybersecurity platform protects all aspects of family digital life. Through its scalable cloud-security architecture, Trinsec7 delivers protection for a family's home network, from smart devices like thermostats and cameras to personal accounts for email and banking. The service employs military-grade encryption to ensure that video calls, online transactions, and family communications remain private. In addition, automated threat detection is implemented to recognize and stop emerging risks before they can cause harm. 'Families often don't think of themselves as targets for cyberattacks, but in today's world, everyone is vulnerable,' said George Hyek, Managing Partner. 'Our platform bridges the gap between corporate-grade cybersecurity and home protection. Whether it's securing a teenager's social media accounts or ensuring that personal financial applications remain safe from prying eyes, our goal is to offer the same high-level protection that was previously only available to businesses.' George Hyek brings extensive expertise in cybersecurity, law enforcement, and Special Operations, with significant experience at the Department of Defense (DoD) and the Department of Homeland Security (DHS). His leadership in high-impact security initiatives and integrating cybersecurity with physical security has been key to developing Trinsec7's solutions. For more about George's work, visit his LinkedIn profile. Affordable Subscription Models for Every Household Trinsec7 also offers flexible, low-cost subscription models, making these services more accessible to the average family. Instead of paying hefty one-time fees for services that are often too expensive, Trinsec7's subscription approach allows families to pay a manageable monthly fee for ongoing protection. This approach ensures that digital security remains a top priority for families without creating financial strain. 'We know that families want to protect their personal data but also need to do so affordably. That's why we've created a subscription model based on government cybersecurity frameworks, which offers exceptional protection for just a small fraction of the cost of traditional enterprise security,' explained Hyek. The Trinsec7 Difference: Cybersecurity Designed for Families Trinsec7's focus on providing affordable, high-quality security makes them a standout in the cybersecurity industry. While many competitors focus solely on corporate or enterprise-level security, Trinsec7's mission is to ensure that the average home can benefit from the same level of protection. With decades of experience from law enforcement and federal intelligence, the team behind Trinsec7 brings an unmatched level of expertise to the table. The company is already making an impact in the home security market, where families are increasingly aware of the risks of being online but hesitant to invest in expensive, complex solutions. Trinsec7 is addressing these concerns by providing simple, scalable cybersecurity tools that deliver lasting protection against evolving digital threats. About Trinsec7 Trinsec7 is committed to providing world-class cybersecurity solutions that are accessible to everyone. Leveraging years of experience from U.S. Special Operations, the Intelligence Community, and Federal Law Enforcement, Trinsec7 delivers cutting-edge protection designed to predict and prevent cyber threats before they arise. The company's mission is to make enterprise-grade cybersecurity accessible to every family, ensuring that smart homes and personal devices remain secure from hackers, data breaches, and digital threats. Media Contact James Otis VP of Business Development and Security Trinsec7 Email: [email protected] Contact Info: Name: James Otis Email: Send Email Organization: Trinsec7 Website: Release ID: 89162897 Should you come across any errors, concerns, or inconsistencies within this press release's content, we urge you to reach out without delay by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our committed team will promptly address your feedback within 8 hours and take appropriate measures to resolve any identified issues or guide you through the removal process. 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