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Maxeon Solar Technologies Announces Changes to Board of Directors

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Steve Leonard currently serves as CEO of Singularity University, a global organization dedicated to helping entrepreneurial leaders better understand the opportunities created by exponential technologies to positively impact companies, communities and countries around the world. Mr. Leonard also currently serves as an independent non-executive director at Singapore Post Ltd. (SingPost), an international leader in e-commerce logistics and services, and AsiaSat, a privately held Hong Kong-based satellite operator. He serves on the advisory boards of several universities and organizations, including Cambridge Innovation Capital, a deep-tech focused venture capital firm with strong links to the University of Cambridge in England. 

“Steve’s background within the technology industry, as well as his experience with impact and sustainability initiatives, brings capabilities and experiences that will significantly contribute to our goals for Maxeon,” said Dr. Kevin Kennedy, Chairman of Maxeon’s board of directors. “We are delighted to welcome Steve to the board.”

According to Maxeon’s CEO Jeff Waters, “Steve’s expertise in technology-driven transformation and the application of emerging technologies for social impact will provide us invaluable perspectives as we continue to execute on our global growth strategy and enhance shareholder value. Steve is joining the board of Maxeon at a very exciting time, and I’m looking forward to working closely with him in this role.” 

Steve Leonard commented, “I am thrilled to join Maxeon’s board of directors. I am committed to working with entrepreneurs, investors and senior leaders who tackle important challenges in areas that can improve the sustainability of the planet and the lives of people. The production of sustainable energy is a hugely important area for humanity. Maxeon has what it takes to truly shape the future in this area: a strong reputation for leading solar panel technology and innovation, a flourishing global brand and solid channels, and a unique, focused approach to the utility scale business. I look forward to working with Kevin and Jeff and the entire board to contribute to the company’s success.”

Maxeon also announced the resignation of Chee Keong Yap as a director of the Company effective June 7, 2021.  Mr. Yap’s resignation is not a result of any disagreement with the Company or its board and the Company thanks him for his service and contributions. 

About Maxeon Solar Technologies

Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The Company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,200 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive Change visit us at www.maxeon.com, on LinkedIn and on Twitter @maxeonsolar.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the company’s expectations of success in its strategy going forward. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (“SEC”) from time to time, including our most recent report on Form 20-F, particularly under the heading “Item 3.D. Risk Factors.” Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website at www.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

© 2021 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit www.maxeon.com/trademarks for more information.

SOURCE Maxeon Solar Technologies, Ltd.

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Rapport de Syntun sur les ventes des sites de commerce électronique lors du “618 Shopping Festival” en Chine : Le VMB de 578,5 milliards de yuans

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Selon le suivi des données de vente de Syntun, au cours de l’année 2021 Chine « 618 » (de 00h00 le 1er juin 2021 à 24h00 le 18 juin 2021), le VMB des principales plateformes de commerce électronique est de 578,5 milliards de RMB, en hausse de 26,5 % d’une année sur l’autre, la plateforme Tmall se classant au premier rang.

Dans le même temps, la diffusion en direct du commerce électronique et les nouveaux canaux de vente au détail ont enregistré de bons résultats au cours du « 618 », avec des ventes atteignant respectivement 64,5 milliards de RMB et 17,8 milliards de RMB. Chaque année, le “618″ est l’occasion pour de nombreux amateurs de shopping de faire de bonnes affaires, notamment pour l’électroménager, qui se classe au premier rang avec un chiffre d’affaires de 824 milliards de RMB, suivi de près par les communications mobiles, les vêtements et accessoires…

Pour plus de détails sur le « 618 », veuillez cliquer sur le lien : (PDF)

En tant que fournisseur professionnel de produits, services et solutions de big data dans le domaine de la consommation, Syntun fournit des données de commerce électronique mondial aux clients. En s’associant aux demandes de l’industrie, Syntun a développé divers produits d’application qui peuvent répondre aux problèmes rencontrés dans les processus de production, d’exploitation, de marketing et de gestion et aider les enseignes à prendre des décisions appropriées.

Liens connexes :

www.syntun.com

Contact :
Équipe de marketing de Syntun :
E-mail : [email protected]  
Tél. : +8610 5287 4212

Photo – https://mma.prnewswire.com/media/1537324/618_SHOPPING_FESTIVAL.jpg  
PDF – https://mma.prnewswire.com/media/1537060/618__PDF.pdf?p=original

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SOURCE Syntun Ltd.

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CGTN: Father’s Day: Three ‘treasures’ Xi Jinping gets from his father

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There are at least three characteristics that Xi has inherited from his father Xi Zhongxun (1913-2002), a leader of the Communist Party of China (CPC) and the state.

People-oriented philosophy

Many Chinese leaders started their careers from the grassroots, going through the difficulties ordinary people face and understanding the people’s needs, which lays a solid foundation for their practical and people-oriented approach in formulating national policies.

The people-oriented philosophy is one of the most important treasures Xi Jinping got from his father, who believed that officials and the masses are equal and they must always live among the people.

The father once told his boy: “No matter what your job title is, serve the people diligently, consider the interests of the people with all your heart, maintain close ties with the people, and always stay approachable to the people.”

Adhering to the path of “serving the people,” Xi Jinping visited China’s 14 contiguous areas of extreme poverty after becoming general secretary of the Communist Party of China (CPC) Central Committee in November 2012. He went to villages and households, and told communities that he is just “a servant of the people.”

During his domestic inspection tours, Xi Jinping always chatted with the locals, cared about their daily life and stressed the responsibilities of serving the people with other officials.

The Party has won the people’s wholehearted support because it has always served the people with heart and soul and striven for the well-being of all ethnic groups, Xi has said on many occasions.

Down-to-earth approach

Inheriting his father’s down-to-earth approach, Xi Jinping visited all the villages in Zhengding, Hebei Province during his tenure of county Party chief in the 1980s. Then in Ningde, Fujian, he visited nine counties within the first three months as secretary of the CPC Ningde Prefectural Committee, and traveled to most townships later on.

After he was transferred to east China’s Zhejiang Province in 2002, he visited all 90 counties in over a year. During his brief tenure in Shanghai in 2007, he visited all its 19 districts and counties in seven months.

The formulation of the country’s 14th Five-Year Plan (2021-2025) for Economic and Social Development and future targets for 2035 also reflected Xi Jinping’s adherence to investigation and research.

By convening and presiding over a number of symposiums, he listened to opinions and advices on the country’s economic and social development in the plan period from all walks of life.

Living a simple life

The Xi’s has a tradition of being strict with children and living a simple life. Xi Zhongxun believed if a senior Party official wanted to discipline others, he should begin first with himself and his family.

Xi Jinping and his younger brother used to wear clothes and shoes from their elder sisters. After Xi Jinping became a leading official, his mother called a family meeting to ban the siblings from engaging in business where Xi Jinping worked.

Xi Jinping has carried on his family’s tradition and been strict with his family members. Wherever he worked, he told them not to do business there or do anything in his name, or else he “would be ruthless.” Whether in Fujian, Zhejiang or Shanghai, he pledged at official meetings that no one was allowed to seek personal benefit using his name and welcomed supervision in this regard.

https://news.cgtn.com/news/2021-06-19/Father-s-Day-Three-treasures-Xi-Jinping-gets-from-his-father-11dOYnkTNYc/index.html

SOURCE CGTN

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Common Sense Launches “Campaign for America’s Children” to raise awareness about new child tax credit and other benefits for kids and families in President Biden’s American Rescue Plan

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SAN FRANCISCO, June 21, 2021 /PRNewswire/ — Today, Common Sense, the nation’s leading nonprofit advocacy organization that protects kids and families in the digital age, announced the launch of the Campaign for America’s Children, a $10 million public awareness initiative designed to ensure that lower- and middle-income families are aware of thousands of dollars in benefits for them made available through President Biden’s $1.9 trillion American Rescue Plan.

The Campaign for America’s Children will include paid media (example), grassroots outreach, and digital media campaigns, including support from athletes and influential figures in Hollywood, to make sure Americans know about the new benefits and how to access them. Initial efforts on the ground will begin in Arizona, California, Georgia, and West Virginia, with plans to expand as additional funds are raised.

Before the coronavirus pandemic, more than 10 million children, or 14% of kids living in the United States, were considered poor, according to recent child poverty statistics. Research clearly shows that children who live in poverty for any amount of time can suffer negative lifelong consequences, including lower earnings and educational attainment levels, and poorer health. The new campaign gives Common Sense and its supporters the best chance to ensure that as many eligible families as possible get the help they need following the economic impact of the pandemic.

The campaign is highlighting the American Rescue Plan that President Biden proposed to Congress and that was enacted in March, but it is particularly focused on the newly increased child tax credit, which will benefit nearly 90% of America’s children, according to the Center on Budget and Policy Priorities, and could cut child poverty nearly in half. Individuals who filed their 2019 or 2020 tax returns will start receiving direct monthly child tax credit payments from the IRS on or about July 15. But for millions of families that have yet to file their taxes, or who did not list a young dependent on their previous return, the campaign will serve as a reminder that it’s not too late to get up to $300/month per child deposited in their bank accounts or sent to them at home. In addition, families who enroll in the new child tax credit now can access thousands of dollars in COVID relief stimulus payments for them and their children that they might have missed if they did not file a tax return.

Common Sense will use a combination of paid media, digital campaigns, and direct outreach to encourage eligible families to learn about the American Rescue Plan benefits by visiting the campaign’s website (www.campaignforamericaschildren.com), where they can access the IRS’s newly created child tax credit portal and apply for advance child tax credit payments. The campaign site also provides information about other benefits funded in the American Rescue Plan and other recent legislation, such as funding for affordable high-speed internet and devices at home, child care, food assistance, and rental assistance.

“The American Rescue Plan is the most historic piece of legislation for America’s children and families in more than fifty years,” said Common Sense founder and CEO James P. Steyer. “Now that President Biden and Congress have made the financial commitment to support America’s families this year, we’re excited to work with the administration and other leaders and organizations across the country, many of whom have dedicated their life’s work to advocating on behalf of poor and underserved communities. In concert with other groups and individual advocates, we’re going to use every resource at our disposal to make sure these new benefits reach the families that need them most. And we are going to be very clear with the administration and Congress that families are counting on them to extend these benefits, and to make the new child tax credit permanent, so that the gains we make this year will not be lost.”

During the initial launch, Common Sense’s paid advertising campaign will feature a texting program, grassroots outreach and public service announcements distributed across cable and broadcast platforms. Additionally, the nonprofit is partnering with a number of groups who have direct contact with eligible families, including the NAACP, Educare early childhood centers, Code for America, the California Association of Food Banks, Sheltering Arms of Georgia, the Children’s Defense Fund ABC Coalition, the Economic Security Project, and other organizations that are leading the way to help lift underserved communities out of poverty.

The campaign also includes partnerships with dedicated celebrities, like Rosario Dawson and Alyssa Milano, Harrison Barnes of the Sacramento Kings, child tax credit champions U.S. Rep. Rosa DeLauro and U.S. Senator Cory Booker, and other influencers who will use their social media platforms to encourage their millions of followers to learn more about the economic boost provided by the American Rescue Plan.

After the July 4 holiday, the campaign will go into full swing over the next six months to help mobilize community outreach in targeted communities, such as in Phoenix and Atlanta. In partnership with Educare Arizona and Southwest Human Development, for example, Common Sense will help to ensure that lower-income families in early childhood education settings learn about the child tax credit and other benefits and get assistance enrolling if they need it. In Arizona, 215,000 children, or 13% of kids under the age of 18, are considered poor, according to fact sheets released by the White House to highlight the impact the further investments proposed by President Biden’s American Families Plan could have in the state.

The recently enacted American Rescue Plan Act is considered one of the most transformational pieces of domestic policy in generations for children and families in lower- and middle-income homes. The benefits extended by the American Rescue Plan and President Biden’s proposed American Family Plan will lift millions of children out of poverty, help schools to reopen, and close the digital divide for students and teachers at home. Common Sense was instrumental in securing American Rescue Plan bill funding to support broadband at home for K–12 students, and also was a strong voice on the historic increase in the child tax credit.

About Common Sense
Common Sense is the nation’s leading nonprofit organization dedicated to improving the lives of kids and families by providing the trustworthy information, education, and independent voice they need to thrive in the 21st century. Learn more at commonsense.org.

SOURCE Common Sense

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BCG’s Digital Acceleration Index (DAI) Study Finds That Digitally Mature Companies Saw Valuations of 23%, on Average, Above Precrisis Levels Within Six Months of the Pandemic’s Start

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The study included about 2,300 companies globally across ten industries. The DAI study found that the most digitally mature companies outperformed peers across nine performance indicators, including revenue growth, enterprise value, and the return on investment of digital projects. For these companies, the study found their strength comes from operating as a bionic company, meaning that they blend new technologies with human capabilities. In addition, bionic companies have a capability that we call human-tech augmentation—employees naturally and continually look for ways to integrate technology and data into their day-to-day work.

“The DAI helps companies assess their place on the digital maturity curve and build a roadmap for maximizing the potential of pairing humans and technology,” stated Michael Urban, the DAI lead for North America at Boston Consulting Group. “These findings show unequivocally that companies across sectors that leverage the power of human-tech augmentation to transform will outperform,” concluded Urban.

An Illustrative Example

The human-tech augmentation approach has three stages: manual work, automation, and optimization. A warehouse serves as an illustrative example:  

  1. Manual Work. Humans manage the warehouse and sort packages.  
  2. Automation. Humans manage the warehouse and robots are deployed to automate manual labor.  
  3. Optimization. Humans manage the warehouse and robots augment decision making.

Digital Maturity by Region and Industry

While US companies lag Asian companies in terms of digital maturity, the DAI scores of US companies are similar to those of companies in Europe. In the US, the most digitally mature industries include financial institutions, technology, and telecommunications, while energy, media and entertainment, and the public sector are the least digitally mature. The exhibit illustrates how each industry fares across regions.

The hallmarks of the most successful, bionic companies across regions include: 

  • Investing Significantly in Technology, Data, and Human Capabilities. Of the bionic companies in the DAI survey, 59% had more than 20% of their employees in digital roles in 2020.
  • Putting AI at the Core of the Digital Transformation. Of the bionic companies in the study, 54% plan to upskill more than 20% of their workforce in AI and machine learning.
  • Establishing Governance and Adopting a Platform Operating Model. Compared with laggards, twice as many bionic companies have established the roles of head of digital and chief data officer.
  • Connecting Technology and Human Capabilities. Bionic companies have a culture in which employees are empowered and expected to look for ways to integrate technology and data into their day-to-day work.

To learn more about the findings and how to become bionic, visit BCG.com.

For media inquiries, please contact Effy Faller at +1 312 868 2109 or [email protected].

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

SOURCE Boston Consulting Group (BCG)

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