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QuantGold Launches Qsecore: World's First SIM-Layer Encryption Platform for Mobile Security
GlobeNewswire News Room· 2025-07-02 11:30
Core Insights - VCI Global Limited has launched Qsecore, a groundbreaking encryption solution that provides hardware-level security for voice calls, messaging, and file storage, aimed at enterprise and government use [1][4] - Qsecore is the first Subscriber Identity Module (SIM)-layer security product, offering a zero-trust architecture independent of operating systems or third-party cloud services [2][7] - The secure mobile communications market is projected to reach approximately USD 88.8 billion by 2032, growing at a CAGR of 19.8% from 2022 to 2032, driven by digitalization and data privacy concerns [2] Product Details - Qsecore will begin commercial rollout in August 2025, focusing on enterprise and strategic market deployments, with multi-user licenses and sector-specific secure deployments [3] - The Qsecore app includes functionalities for secure calls, chat, media sharing, and file vault, ensuring that all communications and stored files are encrypted at the SIM layer [7] - Qsecore is compatible with existing SIM cards and works on most iOS and Android smartphones without requiring hardware modifications [7] About QuantGold Data Platform - QuantGold is a sovereign-grade encrypted AI compute platform that allows institutions to analyze sensitive data without exposing it, built on over 120 encryption patents [5] - The platform supports compliant, privacy-preserving AI computation and operates across key sectors including healthcare, finance, and public administration [5] Company Overview - VCI Global is a diversified global holding company focused on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a strong presence in Asia, Europe, and the United States [6]
U.S. House tells staffers not to use Meta's WhatsApp
CNBC· 2025-06-23 18:06
Core Viewpoint - Meta is opposing a ban on WhatsApp from government devices, citing the app's security features and the need for its use among government staff [1][3]. Group 1: Government Ban - The Chief Administrative Officer (CAO) of the U.S. House of Representatives has prohibited staff from using WhatsApp due to concerns over data privacy and security [1][2]. - Staff members are required to uninstall WhatsApp from their government devices if it is currently installed [2]. Group 2: Meta's Response - A Meta spokesperson expressed strong disagreement with the CAO's characterization of WhatsApp, emphasizing that many members and their staff regularly use the app [3]. - The spokesperson highlighted that WhatsApp's encryption offers a higher level of security compared to other approved messaging apps like Microsoft Teams, Signal, and Apple's iMessage [4]. Group 3: Business Context - Meta is currently involved in an antitrust case with the Federal Trade Commission regarding its acquisitions of WhatsApp and Instagram [5]. - The company has recently introduced ads in WhatsApp as part of its strategy to monetize the app, which CEO Mark Zuckerberg views as a significant development for the company's future [5].
AI-Powered Fleet-Management Software Presents a $14.4 Billion Market Opportunity by 2030 - Economic Pressure on Logistics Companies Accelerates Demand for Cost-Effective Solutions
Globenewswire· 2025-03-13 12:45
Core Insights - The global market for AI-Powered Fleet-Management Software was valued at US$5.2 Billion in 2024 and is projected to reach US$14.4 Billion by 2030, growing at a CAGR of 18.7% from 2024 to 2030 [2][14] - The growth is driven by increasing pressure on fleet operators to enhance operational efficiencies and reduce environmental impact, alongside expanding regulatory requirements [4][5] - Technological advancements that lower the cost of AI components are facilitating broader adoption of these solutions [5] Market Trends & Drivers - The AI-powered fleet management software market is experiencing growth due to the global emphasis on sustainability, which drives demand for solutions that reduce fuel consumption and emissions [4] - The expanding regulatory landscape around vehicle emissions and driver hours is compelling fleet operators to adopt sophisticated management solutions [4] - Consumer behavior increasingly favors companies committed to sustainability and safety, motivating businesses to invest in AI [5] Challenges & Opportunities - Implementation of AI-powered fleet management systems requires significant upfront investment and raises concerns about data privacy and security [6] - Opportunities for innovation exist in developing user-friendly AI applications that require minimal training, as well as advancements in cybersecurity to address data breach concerns [7] Market Segmentation - The report analyzes the market based on deployment types: On-Premise Deployment and Cloud Deployment [9] - The On-Premise Deployment segment is expected to reach US$7.4 Billion by 2030 with a CAGR of 17.8%, while the Cloud Deployment segment is projected to grow at a 19.6% CAGR [12] Regional Analysis - The U.S. market is valued at $1.4 Billion in 2024, while China is forecasted to grow at an impressive 24.4% CAGR to reach $3.4 Billion by 2030 [12] - Insights into growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific, are also provided [12] Company Profiles - The report features key players in the market, including AnyConnect, Azuga, Fleet Complete, Geotab, Inc., GoFleet, Gomotive, Inseego Corporation, Mix by Powerfleet, Netradyne, and PowerFleet [1][18]