ZINFI Again Named a Leader as G2 Reports Most Recent User Ratings for Partner Management Software

ZINFI Partner Management Software Named Leader in G2 Report

ZINFI’s Partner Management Software Achieves G2 Leader Status in Fall 2020 with Exceptional Scores for User Satisfaction, Setup and Support, and Usability.
ZINFI’s Partner Management Software Achieves G2 Leader Status in Fall 2020 with Exceptional Scores for User Satisfaction, Setup and Support, and Usability.
ZINFI’s Partner Management Software Achieves G2 Leader Status in Fall 2020 with Exceptional Scores for User Satisfaction, Setup and Support, and Usability.

Validated reviews from G2 user community and data aggregated from online sources and social networks earn ZINFI platform consistently high scores across all metrics, including 98% for Quality of Support

PLEASANTON, Calif., Oct. 14, 2020 (GLOBE NEWSWIRE) — Fall 2020 scores from G2, the world’s leading business solutions review website, have again placed ZINFI solidly in the “Leaders” quadrant for Best Partner Management Software. G2 scores are based on the responses of real, verified users from the G2 user community. Of 13 vendors with at least 25 reviews, ZINFI’s partner relationship management platform is one of only five software products earning an overall G2 score of 4.7 (out of 5) or higher. Current ZINFI satisfaction scores include a 95% score for Meets Requirements and 94% for Ease of Doing Business With. ZINFI’s setup and support results include a 98% score for Quality of Support, while current usability results include a 9.5 score for Meets Requirements and 9.2 for Ease of Use.

“It is humbling and gratifying to be reminded that the G2 user community has placed a very high value on our software and our services over multiple consecutive quarters,” said Sugata Sanyal, founder and CEO of ZINFI. “At ZINFI, we know that providing consistently high quality functionality and support helps us build positive, long-term relationships with our clients. That’s why we have developed a formal program that we call Customer Linked Innovation & Commercialization (CLIC) to incorporate client feedback into our product development roadmap. We

Elon Musk Denies Reports Of Bitcoin ATM At Nevada Gigafactory

KEY POINTS

  • Tesla CEO said reports of a Bitcoin ATM inside one of its facilities are inaccurate
  • LibertyX reportedly added Bitcoin selling feature to three ATMs at the facility
  • They can be accessed only by Tesla employees

Tesla CEO Elon Musk has denied recent reports that there is a Bitcoin ATM inside the car company’s Gigafactory in Nevada.

“I don’t think this is accurate,” Musk tweeted Monday, while replying to a tweet by news website Teslarati. The Teslarati tweet has since been deleted.

On Sunday, Will Reeves, the CEO of cryptocurrency payments and rewards app Fold, tweeted about spotting a LibertyX “bitcoin ATM at the Gigafactory,” along with a Google Maps image. LibertyX is a manufacturer of cryptocurrency ATMs in the United States. 

News outlet Finbold, on Sunday, reported that the LibertyX Bitcoin ATM, mentioned in the tweet, was in existence at the Gigafactory since August and it was only available to Tesla employees. The report said LibertyX did not install any new ATM kiosk but added Bitcoin selling feature to three ATMs that were already there at the facility.

In a statement to Finbold, the firm said it partnered with ATM manufacturers Genmega and Hyosung to offer “Bitcoin software preinstalled on traditional ATMs. Once operators activate the feature, consumers can start buying bitcoin with their debit card from ATMs nationwide.” 

LibertyX said there are already 5,000 ATMs with the feature activated in various locations across the nation and it is planning to roll out to more than 100,000 ATMs after this year.

Musk was a known advocate of cryptocurrency, although he claimed he only owns 0.25 BTC. Some recent data showed similarities between the benchmark cryptocurrency and Tesla stock.

In the past, people even speculated that Musk is the real identity of Satoshi Nakomoto, the anonymous creator

After an early pandemic shortage computers are shipping again, Canalys reports

Computer manufacturers shipped 79 million personal computers in the third quarter of 2020, an uptick of 13 percent year-over-year with Lenovo leading the pack, technology analyst firm Canalys reported.

Looking at worldwide desktop, laptop, and workstation shipments, Canalys found Acer shipped 5.6 million units last quarter for a 15 percent increase from the year-ago quarter. That was the largest percentage increase from 2019. But Lenovo shipped the most units in the third quarter, at 19.3 million, an 11 percent increase from last year, followed by HP with 18.6 million, a 12 percent year-over-year uptick. Dell shipped 11.9 million units in Q3 which was actually a decrease of 0.5 percent from the year prior, while Apple shipped 6.3 million units for an increase of 13.2 percent.

Earlier this year, laptops were especially hard to find, with a huge, sudden increase in demand from people working and learning from home during the coronavirus pandemic. But the supply chain wasn’t able to keep up, and PC shipments declined 12.3 percent during the first quarter of 2020. But Canalys analyst Ishan Dutt said in a statement that vendors have started to recover in the months since.

“Vendors, the supply chain, and the channel have now had time to find their feet and allocate resources towards supplying notebooks, which continue to see massive demand from both businesses and consumers,” Dutt said.

Spending on IT, including investment in PCs, will “be a core driver of economic recoveries in the aftermath of the pandemic,” he added.

Source Article

Xilinx Shares Surge on Reports of $30 Billion AMD Takeover

Xilinx Inc.  (XLNX) – Get Report shares surged the most in nearly a year Friday following a report from the Wall Street Journal that the San Jose-based tech group could be bought by its chipmaking rival Advanced Micro Devices.  (AMD) – Get Report.

The Journal said the pair were in advanced merger talks that could value Xilinx at more than $30 billion, a 16% premium to the group’s closing price on Wall Street last night. Xilinx’s data-center chips have become much more valuable since the coronavirus pandemic triggered a surge in work-from-home dynamics that have pressured companies around the world to improve their technology and storage capabilities. 

AMD, meanwhile, has seen its share price rise nearly 90% so far this year, taking its market value past $100 billion, a move that gives the chipmaker substantial firepower — despite a small net cash position of just $1.1 billion — to absorb Xilinx in an all-stock deal.

“We believe Xilinx would be a good, high-quality target, providing AMD with another strong competitive product set against its archrival, Intel,” said KeyBanc Capital Markets analysts Weston Twigg and John Vinh. “Xilinx has substantially higher gross margins and operating margins, and the deal would likely be accretive for AMD, though the final price will be needed to calculate share dilution and EPS impact.”

“As for deal approval, trade war tensions add substantial risk; we think the deal could be approved, but it would likely take at least 1.5 years,” the pair added.  

Xilinx shares were marked 17% higher in pre-market trading, the biggest move since January 2019, to indicate an opening bell price of $124.00 each. AMD shares were marked 4.6% lower at $82.50 each.

Resources Connection, Inc. Reports Financial Results for First Quarter Fiscal 2021

Delivered Positive Operating Cash Flow in an August Quarter

Resources Connection, Inc. (Nasdaq: RGP), a multinational business consulting firm operating as Resources Global Professionals (the “Company” or “RGP”), today announced financial results for its fiscal first quarter ended August 29, 2020.

First Quarter Fiscal 2021 Highlights Compared to Prior Fiscal Year First Quarter:

  • Revenue of $147.3 million compared to $172.2 million, or down 14.4%

  • Gross profit of $57.9 million compared to $67.5 million

  • Gross margin improved 10 basis points to 39.3%

  • SG&A of $51.2 million, an improvement of $5.8 million compared to $57.0 million

  • Net income of $2.3 million compared to $4.9 million

  • Diluted earnings per common share of $0.07 compared to $0.15

  • Adjusted diluted earnings per common share of $0.14 compared to $0.18

  • Adjusted EBITDA margin of 6.9%, consistent with prior year quarter

  • Cash provided by operating activities of $18.6 million compared to cash used in operating activities of $3.0 million

  • Available financial liquidity of $145.2 million as of August 29, 2020, up from $126.3 million as of May 30, 2020

  • Cash dividend declared of $0.14 per share, consistent with prior year quarter

Management Commentary

“While revenue was impacted by the global pandemic, we delivered positive operating cash flow in what is normally a cash outflow quarter by improving our cost structure and sustaining gross margins through effective pricing discipline,” said Kate W. Duchene, Chief Executive Officer. “As announced in early September, we are also well underway with our European restructuring plan which will enhance account and revenue focus, streamline operations and accelerate virtual delivery. Looking ahead, we are encouraged by early signs of stabilization, including pipeline pick up and revenue trend improvement.”

SUMMARY OF CONSOLIDATED FINANCIAL RESULTS

(Amounts in thousands, except percentages and per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended (Note)

 

 

August 29,

 

 

May 30,

 

 

August 24,

 

 

2020

 

 

2020