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Malaysian Reserve
2 hours ago
- Business
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LPS and QAX Announce Strategic Partnership for Cybersecurity, Unveiling Security Operation Centre and End-to-End Security Services
The duo's first joint Security Operation Centre (SOC) in Hong Kong addresses the urgent need for advanced cybersecurity defenses amidst surging cyber threats. The new SOC harnesses LPS' decades of managed services leadership and QAX's stellar cybersecurity track record to fortify enterprises with cyber threat protection. HONG KONG, June 20, 2025 /PRNewswire/ — Lenovo PCCW Solutions (LPS) announces the launch of the first Security Operation Centre (SOC) in collaboration with leading Chinese cybersecurity firm, Qi An Xin Technology Group (QAX), aiming to address a critical market need for end-to-end managed security operation services to combat increasingly complex cyber threats. Powered by QAX's advanced threat detection and prevention technologies, as well as its global threat intelligence capabilities, alongside LPS' industry leading managed services, the SOC is located in Hong Kong and offers 24/7 security operation services. The SOC will empower enterprises to embrace AI technologies while ensuring compliance and fortified protection. The Asia-Pacific region is a major hotspot for cyberattacks due to the rapid proliferation of digital technology, with the largest recorded data breach to date costing up to USD 20 million[1]. Hong Kong experienced a similarly alarming trend in 2025, as the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) reported a 67%[2] year-on-year increase in cybersecurity incidents during the first quarter alone. The city's regulatory framework has been growing in response, with standards like the Protection on Critical Infrastructures (Computer Systems) Bill, the Insurance Authority's revised Guideline on Cybersecurity (GL20), and the updated Government IT Security Guideline (G3) requiring organizations to strengthen cybersecurity defences, enhance employee awareness, and align with compliance frameworks to mitigate risks. The strategic partnership integrates advanced AI-powered threat detection with human expertise to deliver comprehensive cybersecurity protection for enterprises. Key features include offensive and defensive security services, along with a security dashboard that visually presents vulnerabilities, attacker behavior, and overall risk levels – enabling enterprises to better understand and manage their security risk. LPS' expertise in Hong Kong's IT ecosystem and unique cross-industry knowledge will be an invaluable asset for enterprises faced with the unique challenges of the dynamic cybersecurity landscape. 'With the accelerating pace of digital transformation and the rise of cyber threats, the demand for secure and resilient digital ecosystems is greater than ever before. Our SOC will address the critical need for advanced cybersecurity solutions.' said Dr. Ted Suen, President of LPS, further elaborating that, 'LPS is committed to collaborating with cybersecurity leaders like QAX to integrate advanced emerging technologies, actionable threat intelligence, and extensive industry expertise into our security offerings, empowering enterprises to navigate the digital age with safety and confidence.' Meanwhile, QAX boasts a proven track record of defending against high-profile cyberattacks – including at the 2022 Beijing Winter Olympics where they successfully achieved zero incidents. QAX's cybersecurity specialists also possess comprehensive capabilities for mitigating security risks in large language models (LLM), providing enterprises with enhanced protection through their proprietary LLM security solution. Qi Xiangdong, Chairman of QAX Group, said: 'Our partnership with LPS to launch the first SOC in Hong Kong reflects our shared dedication to protect clients' valuable assets and data. QAX will work together with partners, leveraging proprietary technologies and years of accumulated expertise in safeguarding national projects to advance the implementation of cybersecurity technologies, enhance localized operations and service capabilities, and provide enterprises with robust tools to navigate an increasingly complex and dynamic threat landscape.' The establishment of the SOC heralds a new era for cybersecurity in Hong Kong, offering a comprehensive, 24/7 shield against cyber threats. LPS will continue to enhance its security services as a trusted digital advisor and look to build on this milestone partnership with QAX to drive secure growth and digital transformation for clients across the Asia Pacific region. About Lenovo PCCW Solutions (LPS) LPS is a leading IT and technology solutions provider in the Asia Pacific region. We partner with governments and enterprises to achieve digital transformation excellence, driving business growth through our market-leading solutions and industry best practices. As a proud member of Lenovo Group, we have unlocked new synergies with Lenovo's global reach and technological capabilities, focusing on AI, data practice, cloud and cybersecurity. With our 4,000+ team of domain experts and a strong network of ecosystem partners, LPS is committed to providing cutting-edge AI-powered solutions and data best practices to enable organizations to excel in their digital journey. About QAX Technology Group QAX is the largest cybersecurity company based in China, and a leader in cybersecurity industry, providing new generation enterprise – level and national – level cybersecurity solutions. Years of R&D and innovation accumulated from cyber offense and defence practice, QAX has reinforced the strength in big data, AI, machine learning and security operation. As the official cybersecurity services and anti – virus software sponsor of the Olympic and Paralympic Winter Games Beijing 2022, QAX successfully secured the Olympic – Games with zero – cyber incident. [1] Source: 2024 Global Digital Trust Insights, PwC [2] Source: Hong Kong Security Watch Report (Q1 2025), HKCERT
Malaysian Reserve
2 hours ago
- Business
- Malaysian Reserve
Knest Onboards Lighthouse Funds as a Strategic Partner, Secures a landmark ₹300 Crore Backing
PUNE, India, June 20, 2025 /PRNewswire/ — In a move that underscores the rising global confidence in India's construction technology sector, Knest Manufacturers Pvt. Ltd., one of the world's leading construction technology companies, has raised ₹300 crore from Lighthouse Funds. The strategic infusion marks a significant milestone in Knest's journey to redefine how India and the world build. With the investment, Knest plans to double down on its R&D efforts, expand production capabilities and accelerate vertical integration. Knest has been bringing both Make In India and Made In India to the forefront; this investment is set to further that. Nitin Mittal, Chairman & Managing Director, Knest, remarked, 'We are building far more than formwork—we are building the future of Indian construction of high-rises, sprawling skylines & sustainable urban ecosystems. In Lighthouse, we gain not just capital but a like-minded partner who shares our vision for innovation, operational excellence, and sustainability. It's an honour to lead the sector, a responsibility we embrace with humility and unwavering commitment.' Knest's flagship aluminium formwork systems are custom-designed to enable faster, more cost-optimised construction cycles—up to 3x quicker than traditional methods—while improving finish quality, reducing labour intensity and lowering environmental impact. Complementing this is Knest's patented hydraulic safety screen, a cutting-edge vertical safety solution that is gaining rapid traction among high-rise developers. Looking ahead, the company plans to diversify into adjacent formwork and construction technologies, all while staying rooted in sustainable practices. Sachin Bhartiya, Co-founder and Partner at Lighthouse Funds, said: 'Knest exemplifies the kind of future-forward, mission-led company we love to back. They're fundamentally transforming how buildings go up. With a sharp focus on sustainability, safety, and speed, Knest is poised to lead the next wave of construction innovation in India.' The Systematix Group acted as the exclusive advisor on this transaction. About Knest Founded in 2015, Knest has steadily emerged as the flagbearer of next-generation building systems, including aluminium formwork technology and hydraulic safety screens. With patented technologies, an expanding international footprint of 8+ countries, and an unrelenting focus on quality, the company is transforming the landscape of high-rise development. Headquartered in Pune, the company operates three state-of-the-art manufacturing facilities across Maharashtra and Gujarat. This production infra has an expanse of 10,00,000+ Sq. Ft. and an annual capacity of 2,00,000+ Sq. Mt. aluminium formwork, and an expanding line of construction safety solutions. Logo –
Malaysian Reserve
2 hours ago
- Business
- Malaysian Reserve
Social media ban moves closer in Australia after tech trial
AUSTRALIA'S world-first social media ban for under-16s moved closer to implementation after a key trial found that checking a user's age is technologically possible and can be integrated into existing services. The conclusions are a blow to Facebook-owner Meta Platforms Inc., TikTok and Snap Inc., which opposed the controversial legislation. Some platform operators had questioned whether a user's age could be reliably established using current technology. The results of the government-backed trial clear the way for the law to come into force by the end of the year. The findings also potentially allow other jurisdictions to follow Australia's lead as countries around the world grapple with ways to protect children from harmful content online. 'Age assurance can be done in Australia and can be private, robust and effective,' the government-commissioned Age Assurance Technology Trial said in a statement Friday announcing its preliminary findings. The trial's project director, Tony Allen, said there were 'no significant technological barriers' to stopping under-16s gaining social media accounts. 'These solutions are technically feasible, can be integrated flexibly into existing services and can support the safety and rights of children online,' he said. Under the new law, digital platforms including Snapchat, Meta-owned Instagram, and X will be responsible for enforcing the age limit, with penalties of as much as A$50 million ($32 million) for breaches. The trial tested a range of methods and technologies, including facial scans, inferring a user's age based on their behavior, age verification, as well as parental controls. The tests also took into account the ways teenagers might try to circumvent age checks. 'We found a plethora of approaches that fit different use cases in different ways, but we didn't find a single ubiquitous solution that would suit all use cases,' the trial said in its statement. More than 50 companies participated in the trial, while Apple Inc. and Google, developers of the most popular mobile-phone operating systems, are also contributing, Allen said on a video conference call on Friday. The trial didn't assess public acceptance for any particular technology or the costs involved. The accuracy of the different methods, for example the margin of error for facial analysis, wasn't made available. –BLOOMBERG
Malaysian Reserve
2 hours ago
- Business
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BC Tech Pioneers Quality Upgrade in PV Industry
SHANGHAI, June 20, 2025 /PRNewswire/ — During the recent 2025 SNEC exhibition in Shanghai, LONGi, a global leader in PV technology innovation, signed a strategic cooperation agreement with TÜV Rheinland, an international independent third-party testing, inspection, and certification organization. This partnership aims to foster high-quality collaboration in the solar photovoltaic sector and create greater value for PV markets. After the signing ceremony, Mr. Dennis She, Vice President of LONGi, and Dr. Gao Qi, Chief Technical Expert for Solar Services at TÜV Rheinland, participated in an exclusive media interview. Technological Evolution: BC Drives High-Quality Transformation of Global Energy Structure With continuous advancements in solar technology and significantly reduced levelized cost of electricity (LCOE), the PV market has entered a phase of rapid expansion, now stepping into the 'terawatt era.' Against this backdrop, establishing robust quality standards has become increasingly urgent and critical. Mr. Dennis She emphasized that product reliability remains the 'lifeline' of the PV industry. As a global leader in the PV industry, LONGi has consistently focused on technological innovation. After over seven years of refinement, LONGi's HPBC2.0 technology is reshaping end-customer value through higher efficiency and superior full-lifecycle reliability. BC technology and products will spearhead industry-wide quality standard upgrades. Dr. Gao Qi stated that TÜV Rheinland and LONGi share aligned goals and missions in the PV sector. This strategic collaboration will further advance quality standards, redefine industry benchmarks, and support efficient, healthy, and sustainable development in end markets. Multi-Layered Assurance: LONGi Hi-MO 9 Modules Demonstrate Lifecycle Value Advantages 'Robust reliability' defines LONGi's brand DNA. To safeguard end-customer interests, LONGi employs stringent manufacturing processes exceeding industry standards to deliver BC modules of exceptional reliability. According to Mr. Dennis She, the Hi-MO 9 module (HPBC 2.0) integrates LONGi's self-developed TaiRay Wafer and innovatively applies 'nanoscale full-area passivation technology' to enhance conversion efficiency. Combined with 'zero busbar' (0BB) technology, it delivers higher lifetime power generation value for power plants. In manufacturing, LONGi's 'Lighthouse' Smart Factory production and 'LONGi Product Lifecycle Standard' ensure premium quality and reliability through strict material sourcing control and process quality management. To guarantee resilience under extreme weather, LONGi partnered with third-party institutions to subject Hi-MO 9 modules to intensified tests—including hail impact, wind tunnel, and fire resistance—all successfully passed, demonstrating outstanding stability and reliability. Dr. Gao Qi added, 'At last year's TÜV Rheinland ' All Quality Matters,' Hi-MO 9 won both the 'Power Generation Simulation' and 'Module Reliability' awards. We are confident LONGi's BC products will unlock even greater commercial value for power plants.' Since early this year, a growing number of PV manufacturers have begun adopting BC technology, signaling its rapid ascent. Higher-quality BC products will establish new industry benchmarks and deliver enhanced lifecycle value to global markets and customers. Logo – View original content:
Malaysian Reserve
2 hours ago
- Entertainment
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Summer Travel Hot Spots in Nashville's Big Back Yard
Music, Outdoor Adventure, Festivals and July 4th LEIPER'S FORK, Tenn., June 19, 2025 /PRNewswire/ — For your summer travel fun, make plans to visit Nashville's Big Back Yard. This region is 13 charming Tennessee communities and The Shoals of Alabama, all connected by 100 miles of the historic Natchez Trace Parkway. Don't miss the Summertown Bluegrass Reunion, June 19, 20, and 21, in Summertown, TN. The 3-day festival is all things bluegrass music. Enjoy a weekend filled with top-notch performers, engaging workshops and family-friendly In Leiper's Fork, join design duo Brooke and Steve Giannetti at 11 a.m., June 21 when they welcome photographer Ed Rode to Patina Home & Garden. Ed will sign his critically acclaimed book 'Songwriter Musician.' Make plans to celebrate Helen Keller in her hometown of Tuscumbia, AL during the Helen Keller Festival, June 26–29. The multi-day event features a downtown parade, live music, arts activities and presentations of The Miracle Worker. Commemorate the 4th of July with 'A Stars & Stripes Night with JT Hodges' at the iconic Fox & Locke in Leiper's Fork. Enjoy a night full of classic American songs, musical surprises and plenty of Hodges-style fun. If you can't make this one, get tickets to the Super Songwriters event on July 18. Small towns on 4th of July are for celebrating pure Americana. Chance Beckham & Drake White will perform on July 3 in Waynesboro City Park. Gates open at 4:30 p.m., CDT. Fireworks at 9:30. Boom on The Duck in Centerville's River Park features food, live music and fireworks. Event kicks off at 5 p.m. CDT, July 4. The Independence Day Celebration in charming Mount Pleasant, TN happens July 5. The event starts at 5 p.m. CDT, and features live music, food trucks, and a kids' zone, including a splash pad. Fireworks light up the sky starting at 9 p.m., CDT. E-Biking in Florence, AL is a great alternative mode of transportation to explore the beautiful trails of The Shoals at a quicker pace than hiking. This offers easy-to-ride electric bikes, with access to great local trails. Rentals are available for riders 16 and up, with transportation to trails offered by the Florence-Lauderdale Experience a guided night kayak adventure on the beautiful Buffalo River in Linden, TN. You will glide along the Buffalo on a single or tandem kayak illuminated with stunning For a trip down memory lane, make plans for the Old Timer's Day festival in Collinwood, Aug. 30, 2025. Breakfast is at 6 a.m., CDT, followed by a day of arts and crafts, kids' games, food, and music. The parade at 10 a.m. features the Collinwood High School Marching Band. Lodging options:The Commodore Hotel in Linden, TNGunRunner Hotel in Florence, ALThe Stricklin Hotel in Florence, ALFork And Field Cottages in Leiper's Fork, TNRenaissance Shoals Resort & Spa in Florence, AL
