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Month: August 2025

AI and the Empathy Gap: Finding the Balance between AI and Human First Customer Experience

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) — While brands are celebrating AI-driven efficiency gains in customer experience (CX), a significant gap exists between their internal benefits and the often underwhelming service that consumers are actually experiencing. According to Verizon’s CX Annual Insights report, the future of CX isn’t just about implementing AI, but about strategically integrating it to amplify human connections and address core customer frustrations. The report, based on a survey of 5,000 consumers and 500 senior executives across seven countries, reveals a critical disconnect:Human Touch Still Reigns Supreme: A striking 88% of consumers are satisfied with interactions handled mostly or fully by human agents, while only 60% feel the same about interactions driven by AI. This preference highlights a fundamental...

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Sprout Social Launches Expansive Suite of Integrations to Empower Brands in the Social Intelligence Era

Innovations with Bluesky, LinkedIn, Meta, Salesforce, and TikTok Listening help brands connect with customers, capture sentiment, and deliver authentic, timely, data-driven experiences to drive measurable business outcomes. New digital publishing integrations streamline creative workflows, helping teams publish more compelling branded content and visuals to social faster.CHICAGO, Aug. 13, 2025 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced a new wave of features and partnerships designed to help brands lead in the Social Intelligence era. As customers increasingly turn to platforms like TikTok and Bluesky for discovery, product recommendations, and real-time conversation, the ability to capture sentiment early and act fast has become...

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PainReform Ltd. Completes Strategic Investment in LayerBio to Enter $9B Global Cataract Surgery Market with Breakthrough Non-Opiate, Non-Steroidal Postoperative NSAID Drug Delivery System

Acquisition of Majority Equity Interest in LayerBio and its OcuRing™-K Technology Targets Growing Demand for ‘Dropless’ Solutions in Ophthalmic Surgery TEL AVIV, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX), today announced, through its pharmaceutical division, the closing of its previously announced investment in LayerBio, Inc., a privately held Boston-based biotechnology company advancing sustained-release drug delivery technologies in ophthalmology. With this transaction, PainReform has acquired a majority equity interest in LayerBio and plans to initiate the next clinical trial of OcuRing™-K, LayerBio’s lead investigational product for pain and inflammation control following cataract surgery. This transaction positions PainReform to potentially address a large and growing clinical need...

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Allied Universal Acquires Mulligan Security

IRVINE, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) — Allied Universal®, the world’s leading security and facility services provider, today announced its further expansion in the northeast region of the U.S. with the acquisition of Mulligan Security. For more than 30 years, Mulligan Security has provided security and fire safety services to clients in and around New York City. Its clients range from commercial properties and corporate facilities to hospitals and museums.   “Combining the strength of our businesses and leadership teams, will create new opportunities to expand our innovative security solutions to meet the needs of our clients,” said Steve Jones, global chairman and CEO of Allied Universal. “Mulligan Security’s deep expertise and strong presence in Greater New York City helps strengthen Allied Universal’s footprint in...

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Golden Triangle Ventures Inc. Sparks Multi-Industry Growth Plan with Go Fast Sports Acquisition

LAS VEGAS, Aug. 13, 2025 (GLOBE NEWSWIRE) — via IBN — Golden Triangle Ventures, Inc. (OTC: GTVH) has reached an agreement with Labor Smart, Inc. (OTC: LTNC) to acquire 100% ownership of the Go Fast Sports brand, including all assets, trademarks, inventory, and related rights. This marks the first major acquisition under GTVH’s incoming leadership and signals the Company’s entry into the high-growth functional beverage market. To complete the transaction, incoming CEO Javier Leal contributed 720 million of his personal LTNC shares — without issuing any GTVH stock or convertible notes in return — as his gift to GTVH shareholders, underscoring his commitment to building the Company for the long run. “Coming to Golden Triangle was never about taking from our shareholders — it’s about building real, lasting value. We chose a first...

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Star Equity Holdings, Inc. Announces 2025 Second Quarter Financial Results

Q2 2025 revenues increased ~76% to $23.7 million and gross profit increased ~182% to $6.3 million Generated Adjusted EBITDA of $7.0 million Quarter-end Building Solutions backlog stands at $25.7 million OLD GREENWICH, Conn., Aug. 13, 2025 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) ended June 30, 2025. All 2025 and 2024 amounts in this release are unaudited. Q2 2025 Financial Highlights vs. Q2 2024 (unaudited)Revenues increased by 75.8% to $23.7 million from $13.5 million. Gross profit increased by 182.2% to $6.3 million from $2.2 million. Net income was $3.5 million (or $1.08 per basic and $1.07 per diluted share) compared to net loss of $3.8 million (or $1.19 loss per basic and diluted...

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BIO-key Q2’25 Revenue Rose 49% Driven by Increases Across All Three Segments; Launches “BIO-key CyberDefense Initiative” to Support Growing Global Investment in Military and Defense Preparedness; Investor Call 10am ET Today

HOLMDEL, N.J., Aug. 13, 2025 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and tokenless enhanced biometric authentication, announced results for its second quarter (Q2’25) and six months (6M’25) ended June 30, 2025. BIO-key is hosting an investor call today at 10:00am ET (details below). Q2 Key HighlightsForeign Defense Ministry Awarded BIO-key over $600K in Follow-On orders for Secure Biometric Access to Critical Information. BIO-key and Runlevel Secured First Major IAM Deployment with a National Bank in Mozambique, Extending a Growing List of Banking Customers. BIO-key Partnered with Cloud Distribution Co. of Saudi Arabia to Expand IAM and Biometric Security Solutions Across the...

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24/7 Market News: Institutional Momentum Builds as Vanguard Group and Aramark Back VENU

DENVER, Aug. 13, 2025 (GLOBE NEWSWIRE) — 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and corporate information, reports that momentum is rapidly building around Venu Holding Corporation (NYSE American: VENU), as institutional investors take notice of the company’s disruptive approach to entertainment venues and fan engagement. Notably, Vanguard Group reported a new position in Venu during the second quarter of 2025, holding 861,911 shares, representing approximately 2.3% of VENU’s outstanding stock, with a current market value of around $13 million, according to its 13F filing with the Securities and Exchange Commission (SEC). The vote of confidence from one of the world’s largest asset managers underscores growing institutional belief in VENU’s long-term growth strategy. In...

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Veea Inc. Announces Pricing of Approximately $9.2 Million Public Offering

Includes $6.0 million in cash gross proceeds to the Company NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) — Veea Inc. (NASDAQ: VEEA) (“Veea” or the “Company”), a leader in intelligent edge infrastructure, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of 6,000,000 shares of common stock and warrants to purchase up to 6,000,000 shares of common stock at a combined offering price of $1.00 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate cash gross proceeds of approximately $6,000,000 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.10 per share, will be exercisable immediately and will expire five years from the...

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Cycurion, Inc. to Announce Q2 2025 Financial Results on August 14, 2025, Celebrating Key Strategic Achievements

MCLEAN, Va., Aug. 13, 2025 (GLOBE NEWSWIRE) — Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading provider of cybersecurity and IT solutions, today announced that it plans to file its Quarterly Report on Form 10-Q for the second quarter ended June 30, 2025 with the U.S. Securities and Exchange Commission on Thursday, August 14, 2025. Ahead of the filing, the Company is highlighting its significant accomplishments, including a transformative alliance with IQSTEL, an innovative cryptocurrency strategy through Cycurion Crypto, and other key partnerships that strengthen its position for future growth. Strategic Highlights IQSTEL Alliance and Stock Exchange:Cycurion and IQSTEL signed a Memorandum of Understanding for a $1 million stock exchange, creating a mutual equity partnership to develop an AI-driven cybersecurity...

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