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Realtor Lodha Planning to Enter Delhi With $220 Million Project

Realtor Lodha Planning to Enter Delhi With $220 Million Project

Bloomberg5 days ago
Lodha Developers Ltd., India's number two realtor by market value, is planning a residential project in and around New Delhi next year, in signs of an intensifying turf war as it enters industry leader DLF Ltd. 's stronghold.
The Mumbai-based developer expects to launch a project with an investment of as much as 19 billion rupees ($220 million) in the year starting April 2026, Prashant Bindal, the firm's chief sales officer said in an interview.
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Verifyle and The Oregon Association of Tax Consultants Partner to Protect Tax Consultants and Their Clients from the Growing Threat of Data Theft
Verifyle and The Oregon Association of Tax Consultants Partner to Protect Tax Consultants and Their Clients from the Growing Threat of Data Theft

Business Wire

time24 minutes ago

  • Business Wire

Verifyle and The Oregon Association of Tax Consultants Partner to Protect Tax Consultants and Their Clients from the Growing Threat of Data Theft

SAN JOSE, Calif.--(BUSINESS WIRE)--Verifyle, a leader in secure messaging, file-sharing and digital signatures, today announced a strategic partnership with The Oregon Association of Tax Consultants (OATC). OATC is an Oregon-based, IRC Section 501(c)(6) Association whose primary goal is to provide activities that continually elevate the professionalism, standards of proficiency, and integrity of our members, the licensed tax practitioner community. Verifyle has been chosen to provide ultra-secure document sharing, messaging and digital signature technology for all OATC members beginning in August of 2025. We're proud to announce another partnership! Our newest partner is OATC. Please to see another organization that cares about providing valuable benefits to their members. Share 'Our members are more aware than ever of the increasing threat from phishing and other cyber-attacks,' said Cathy Johnson, President of OATC. 'Verifyle is a great fit for OATC members because it's both extremely secure and very simple for both our members and their taxpayer clients to use.' 'In today's environment where data breaches and cyberattacks are increasingly common, tax and accounting professionals absolutely need a secure channel for sharing sensitive documents and communications with their clients,' said Jack Smith, CEO of Verifyle. 'Through our partnership with OATC, we're able to offer their members that essential peace of mind—knowing that client data remains private and protected at all times. We're honored that OATC selected Verifyle as their trusted security partner.' Unlike many other cloud-storage and cloud-sharing services, which use a single master key for encrypting and decrypting their users' data, Verifyle's Cellucrypt® technology uses password-derived keys on top of a public-key system to individually encrypt data objects, adding several additional layers of protection for their users. With the additional option to disable password reset, Verifyle becomes the most secure cloud-sharing platform available, while remaining extremely simple to use. About Verifyle Verifyle delivers ultra-secure messaging, document sharing, and digital signatures, all from a simple, single-screen interface. Verifyle was built from the ground up to be the most secure cloud-sharing solution, and to deliver improved productivity and control of information to its users. Verifyle's industry-leading, patented encryption technology gives users the highest level of security, protecting them from bulk-access vulnerability through the unique encryption of each document and thread.

X-energy Strengthens Presence in Maryland with New State-of-the-Art Testing and Training Facility, Offices
X-energy Strengthens Presence in Maryland with New State-of-the-Art Testing and Training Facility, Offices

Business Wire

time24 minutes ago

  • Business Wire

X-energy Strengthens Presence in Maryland with New State-of-the-Art Testing and Training Facility, Offices

ROCKVILLE, Md.--(BUSINESS WIRE)--X-energy Reactor Company, LLC ('X-energy' or the 'Company'), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation today announced the purchase of a property in Frederick, Maryland that will house the Company's newest integrated test and training facility to validate key components and systems of X-energy's Xe-100 advanced small modular reactor for commercial deployment. This follows a $6.15 million incentive agreement with Maryland Gov. Wes Moore and local leaders to support X-energy's continued growth in Maryland, including the retention and expansion of X-energy's headquarters in Montgomery County, and an expanded presence in Frederick County with the new state-of-the-art test facility. X-energy's expansion in Montgomery and Frederick counties is an investment in Maryland and in our state's vital energy and sustainability sector. -Maryland Governor Wes Moore Share X-energy's new 90,000 square foot non-nuclear test & training facility will ensure key components of the Xe-100 perform safely and reliably under real-world conditions before full-scale manufacturing and deployment. Once fully renovated, the building will house a helium test facility ('HTF') for full-scale integrated systems testing in a pressurized helium environment, as well as an experimental test facility ('XTF') for testing and prototyping of critical reactor components and materials. The facility will also provide training for Xe-100 operators and maintenance technicians using a state-of-the-art, full-scale plant control room simulator similar to the advanced training simulator currently operating at X-energy's Plant Support Center, also in Frederick. 'X-energy's expansion in Montgomery and Frederick counties is an investment in Maryland and in our state's vital energy and sustainability sector,' said Gov. Moore. 'While X-energy works to power our future, we will work hand in hand to make sure all Marylanders feel the benefits of clean energy for years to come and enhance our competitive edge across the region.' Under the agreement, X-energy will receive a total of up to $6.15 million in state and local support in the form of job creation tax credits, conditional loans, and grants. The Company has partnered with real estate broker Avison Young to purchase the site in Frederick County. Major renovations will begin this year, and initial testing at the XTF is expected to begin in early 2026. X-energy will also expand its headquarters in Montgomery County to support its growing Maryland-based team, moving its operations from two locations in Rockville to a centralized location at Washingtonian Center in Gaithersburg. 'X-energy was founded in Maryland, and we are proud to call this state our home as we enter a period of unprecedented growth,' said J. Clay Sell, CEO of X-energy. 'We look forward to working with Governor Moore and his team to build on the state's long history of nuclear innovation by making Maryland a national leader in next-generation nuclear technology.' X-energy is advancing its initial Xe-100 plant at Dow Inc.'s UCC Seadrift Operations manufacturing site on the Texas Gulf Coast. Once complete, the plant is expected to provide the site with safe, reliable, and clean power and industrial steam. X-energy is also advancing its second plant in central Washington with Energy Northwest in collaboration with Amazon. This project is part of a larger strategy with Amazon to bring more than five gigawatts of new power projects online by 2039, furthering the company's mission to provide scalable, secure, clean energy solutions that meet the growing demand for energy across the U.S. and around the world. Additional Quotes 'As X-energy focuses on providing solutions for the clean energy industry, the company is recommitting to its local workforce with two significant investments in Maryland,' said Maryland Department of Commerce Secretary Harry Coker, Jr. 'These new facilities will play a major role in enhancing the company's clean energy efforts, and with employees rotating between Gaithersburg and Frederick, X-energy's impact will be felt all throughout the Capital Region.' 'We're excited that X-energy is doubling down on Montgomery County,' said Montgomery County Executive Marc Elrich. 'This expansion is a win for our residents, bringing hundreds of good-paying jobs and strengthening our position as a center for innovation in clean energy and advanced technology. We are committed to supporting industries that help address climate change while creating more opportunities for our highly skilled and diverse workforce. I appreciate Governor Moore's leadership in making sure Maryland remains competitive for these types of transformative projects, and I want to thank X-energy for choosing to keep growing right here in Montgomery County.' "We are thrilled to welcome X-energy's expansion in Frederick. This significant investment strengthens our tech sector and brings valuable job opportunities to our community,' said Frederick County Executive Jessica Fitzwater. 'X-energy's innovative work in nuclear reactor and fuel design aligns perfectly with our commitment to fostering cutting-edge industries and sustainable growth in Frederick County." 'We are thrilled that X-energy has chosen to remain in Montgomery County,' said Chair of the Montgomery County Economic Development Corporation Board Elana Fine. 'This is the result of a strong partnership with X-energy, built over many months of close collaboration. Together we aimed to align their growth goals with the unique assets and incentives Montgomery County offers—including the MOVE Grant and the Montgomery County Job Creation Fund. This decision reflects the shared commitment to innovation that defines our business community.' 'We're proud to welcome X-energy's latest expansion here in Frederick County. Their cutting-edge work in advanced energy technology not only strengthens our region's innovation economy but also positions us at the forefront of clean energy solutions,' said Frederick County Director of the Division of Economic Opportunity Lara Fritts. 'This investment underscores our county's commitment to supporting companies that are solving global challenges and creating high-quality jobs for the future.' About X-Energy Reactor Company, LLC X-Energy Reactor Company, LLC, is a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation that is redefining the nuclear energy industry through its development of safer and more efficient advanced small modular nuclear reactors and proprietary fuel to deliver reliable, zero-carbon and affordable energy to people around the world. X-energy's simplified, modular, and intrinsically safe SMR design expands applications and markets for deployment of nuclear technology and drives enhanced safety, lower cost and faster construction timelines when compared with other SMRs and conventional nuclear. For more information, visit or connect with us on X or LinkedIn.

Mattel slaps political podcast 'Coffee with Ken' with bizarre lawsuit
Mattel slaps political podcast 'Coffee with Ken' with bizarre lawsuit

New York Post

time24 minutes ago

  • New York Post

Mattel slaps political podcast 'Coffee with Ken' with bizarre lawsuit

Mattel has filed a lawsuit against a Washington, DC-based political podcaster – claiming bizarrely that audiences might mistakenly associate his show with its Barbie franchise, The Post has learned. The toy giant has lodged a complaint with the US Patent and Trademark Office over 'Coffee with Ken,' a YouTube show hosted by Ken Biberaj, a DC-based real estate executive and former chair of the Manhattan Chamber of Commerce. The bi-monthly podcast – which features guests like Sen. Joe Manchin, billionaire David Rubenstein, Illinois Gov. JB Pritzker and 'Hamilton' star Leslie Odom Jr. – was granted preliminary approval for a trademark in 2023. Advertisement 6 Ken Biberaj launched his podcast 'Coffee with Ken' five years ago. Youtube 'We strive to focus our topics at the intersection of the public, private and social impact sectors,' said Biberaj, noting that the show now boasts 20,000 viewers per episode and hosts live events that can draw upwards of 200 attendees. 'I don't think anyone expected a doll to interview a governor,' Biberaj told The Post. Advertisement Nevertheless, Mattel insists that 'Coffee with Ken' could create confusion about whether it's associated with Barbie's squeaky-clean, beach-loving boyfriend, according to court papers. In particular, the El Segundo, Calif.-based company points to its Ken Barista doll — a hipster with a man bun and an apron who pulls perfect espresso shots — as proof of potential confusion. 6 The Ken Barista doll was discontinued. Mattel/Walmart 6 Nevertheless, Mattel insists that 'Coffee with Ken' could create confusion about whether it's associated with Barbie's squeaky-clean, beach-loving boyfriend, according to court papers. Advertisement It's 'highly likely that a consumer will believe that [Coffee with Ken] could be the name of or related to a Ken line' of dolls, Mattel claimed in its filing. The Ken Barista doll is listed as discontinued on the official Barbie site, although it is still available at Mattel — still riding high on the blockbuster 'Barbie' movie where Ryan Gosling played a singing, rollerblading version of its beloved Ken — filed its objection in May, insisting 'Coffee with Ken' would 'damage' the brand. 6 Biberaj ran for New York City Council in 2013 and his family owns the iconic Russian Tea Room in Midtown Manhattan. Getty Images Advertisement Meanwhile Biberaj, who ran for New York City Council in 2013 and whose family owns the iconic Russian Tea Room in Midtown Manhattan, claims Barbie's big, deep-pocketed corporate parent is simply trying to push him around. 'My actual name is Ken,' Biberaj told The Post. 'Mattel shouldn't be able to block my trademark because of a doll.' Legal experts say Mattel might be overreaching. 6 Ryan Gosling as Ken in the 2023 Barbie movie. Jaap Buitendijk 'Mattel could have difficulty sustaining its opposition,' said trademark attorney Brad Rose of Pryor Cashman LLP. 'These are vastly different types of goods and audiences.' Biberaj's attorney, Angela Gasperini Shin, called Mattel's suit a classic case of 'trademark bullying.' 'They can't own the name Ken outside of dolls and toys,' she said. Every morning, the NY POSTcast offers a deep dive into the headlines with the Post's signature mix of politics, business, pop culture, true crime and everything in between. Subscribe here! Advertisement Mattel is a fierce protector of its trademarks. The company previously battled a Bronx entertainer over his 'Blac Ken' moniker and famously tried to sue the band Aqua over their raunchy '90s hit Barbie Girl — a case the Supreme Court refused to hear in 2003. 6 Mattel has been a fierce protector of its Barbie trademark. ©Warner Bros/Courtesy Everett Collection More recently, Mattel squared off against Burberry, claiming its BRBY trademark sounded too close to Barbie. Burberry eventually caved and dropped the application. Advertisement The 'Coffee with Ken' case is in discovery and will eventually go before a trademark appeals court unless its settled. Mattel declined to comment on the 'Coffee with Ken' fight, citing 'pending litigation.'

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