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Global Industry Partners Jointly Release Net5.5G Best Practices & Deployment Guide Whitepaper

Global Industry Partners Jointly Release Net5.5G Best Practices & Deployment Guide Whitepaper

BARCELONA, Spain, March 5, 2025 /CNW/ -- At MWC Barcelona 2025, the Broadband Development Congress (BDC), hosted by the WBBA, was a resounding success. Themed 'Smarter Broadband: Investment. Innovation. Intelligence,' the congress attracted over 200 industry leaders worldwide. Attendees exchanged views on key issues, including the Net5.5G evolution path, network technology innovation, and commercial practices.
In his keynote speech at the congress, Ryan Qiu, Vice President of Huawei's Data Communication Product Line, noted that the integration of AI into carriers' strategies is gaining momentum, with Net5.5G serving as a catalyst for the in-depth convergence of networks and AI. To address this trend, Huawei has introduced AI WAN, a cutting-edge solution that comprehensively empowers IP networks in the Net5.5G era using AI. This solution enables carriers to unlock new network value across diverse scenarios, including individual, home, and enterprise settings.
At the congress, global industry leaders from organizations such as the WBBA, IPv6 Forum, ITU, and IETF reached a consensus during the 'Fireside Chat: Forward-Looking Dialogue on the Evolution of Next-Gen Networks.' Net5.5G has now become an industry-wide consensus, making significant strides in areas including industry development, policy formulation, and commercial practices. The leaders called for enhanced industry collaboration and continued joint efforts to drive the commercial success of Net5.5G, thereby guiding the sustainable development of the Internet industry.
The WBBA, IPv6 Forum, ITU, IETF, and NIDA have collaborated to establish a next-generation network cooperation mechanism. While the WBBA and IPv6 Forum drive industry consensus, the ITU-T explores future network needs, the IETF spearheads the formulation of network technology standards, and the NIDA defines network construction standards and facilitates technology adoption.
The Global Net5.5G Pioneer Program has made steady progress. At the congress, industry leaders jointly released the latest progress of the program. To date, a number of outstanding Net5.5G pioneers have emerged globally, including 18 visionary pioneers, 2 region pioneers, and 18 business pioneers.
Multiple carriers shared their experience and achievements in Net5.5G commercial deployment. As an integrated operator in Spain, MasOrange builds an efficient capacity growth, ultimate experience and intent-based automation Net5.5G converged IP network. 400GE/800GE, SRv6 + slicing meet traffic surging and automatic network scheduling requirements, and support new services such as edge computing in the future. Based on Network Digital Map, through AI empowerment, MasOrange will stride to AN L4, a new phase of intelligent evolution. In addition, the WBBA has released the Net5.5G Best Practices & Deployment Guide Whitepaper, showcasing global Net5.5G best practices and providing valuable insights and inspiration for the industry.
As Net5.5G continues to evolve, the WBBA urges global industry organizations to strengthen industry cooperation and jointly drive industry innovation in technical standards, policies, and commercial practices to foster a thriving data communications ecosystem.
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Stellus Private Credit BDC Reports Results for its Second Fiscal Quarter Ended June 30, 2025
Stellus Private Credit BDC Reports Results for its Second Fiscal Quarter Ended June 30, 2025

Associated Press

time5 days ago

  • Associated Press

Stellus Private Credit BDC Reports Results for its Second Fiscal Quarter Ended June 30, 2025

HOUSTON, Aug. 8, 2025 /PRNewswire/ -- Stellus Private Credit BDC ('Stellus PBDC', 'we', or the 'Company') today announced financial results for its second fiscal quarter ended June 30, 2025. Robert T. Ladd, Chief Executive Officer of Stellus PBDC, stated, 'We are pleased to report solid operating results in the second quarter in which we generated $0.33 per share of net investment income and maintained a stable net asset value. During the quarter, we funded $14 million of investments and received $10 million of repayments, bringing the total portfolio to $340 million at fair value. On July 2, 2025, we declared our 2025 third quarter monthly dividend of $0.38 per share in the aggregate, which represents an annualized dividend yield of approximately 10%.' Results of Operations Investment income for the three months ended June 30, 2025 and 2024 totaled $8.7 million and $6.9 million, respectively, most of which was interest income from portfolio investments. Gross operating expenses for the three months ended June 30, 2025 and 2024 totaled $5.8 million and $4.2 million, respectively. For the same periods, base management fees totaled $1.2 million and $0.8 million, income incentive fees totaled $0.7 million and $0.7 million, respectively; capital gains incentive fees (reversals) of $0.1 million and less than ($0.01) million, which are not currently payable, respectively; fees and expenses related to the Company's borrowings totaled $3.2 million and $2.3 million (including interest and amortization of deferred financing costs), respectively; administrative expenses totaled $0.2 million and $0.1 million, respectively and other expenses totaled $0.4 million and $0.3 million, respectively. 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As of June 30, 2025 and December 31, 2024, the Company had $123.1 million and $90.5 million in outstanding borrowings under the Credit Facility, respectively. On August 1, 2024, the Company entered into a Loan Financing and Servicing Agreement (the 'Loan Agreement') for the SPV Facility by and among Stellus Private Credit BDC SPV LLC ('PBDC SPV'), as borrower, the Company, as equityholder and servicer, Deutsche Bank AG, New York Branch, as facility agent, Citibank, N.A., as collateral agent and collateral custodian, Alter Domus (US) LLC, as collateral administrator, and the lenders that are party thereto from time to time. The SPV Facility provides for $50.0 million of initial commitments with an accordion feature that allows for an additional $50.0 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments. 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The Company's investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC. Forward-Looking Statements Statements included herein may contain 'forward-looking statements' which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. Contacts Stellus Private Credit BDC W. Todd Huskinson, Chief Financial Officer (713) 292-5414 [email protected] View original content to download multimedia: SOURCE Stellus Private Credit BDC

Main Street Capital Corporation (MAIN): A Bull Case Theory
Main Street Capital Corporation (MAIN): A Bull Case Theory

Yahoo

time04-08-2025

  • Yahoo

Main Street Capital Corporation (MAIN): A Bull Case Theory

We came across a bullish thesis on Main Street Capital Corporation on Investing Lawyer's Substack. In this article, we will summarize the bulls' thesis on MAIN. Main Street Capital Corporation's share was trading at $63.99 as of August 1st. MAIN's trailing and forward P/E were 10.85 and 15.60 respectively according to Yahoo Finance. A close-up of a hand signing a contract, symbolizing deals being made in private equity and buyouts. Main Street Capital (MAIN) is a leading Business Development Company (BDC) known for its reliable monthly dividend payments, offering investors steady income with a current yield of approximately 7.4%. This income-focused strategy appeals to investors seeking predictable cash flow. The company's strength lies in its diversified portfolio of middle-market investments and a disciplined capital allocation approach, which supports the sustainability and growth of its dividends over time. MAIN has an impressive track record of consistency, having never missed a dividend, and continues to prioritize high-quality, cash-generating businesses to enhance shareholder returns. The stock has demonstrated a stable trading pattern over recent years, moving within established trend lines, indicating resilience and investor confidence. While short-term price fluctuations may occur, MAIN is expected to maintain its upward momentum over the long term. Even in a scenario where the price corrects toward the $52–$55 range, technical indicators suggest a likely continuation of its positive trajectory thereafter. There are no strong signals of a prolonged downtrend, reinforcing the view of MAIN as a stable income-generating investment. In addition to its attractive yield, MAIN's unique feature of monthly dividends sets it apart from many peers, making it a compelling choice for investors seeking both stability and regular income. With its proven business model, focus on quality assets, and commitment to delivering shareholder value, MAIN offers a strong combination of income and potential price appreciation, making it a top pick for long-term, income-oriented portfolios. Previously, we covered a on McCormick & Company, Incorporated (MKC) by Investing Lawyer in February 2025, which highlighted its dividend growth consistency, defensive positioning, and key support levels near $70. The company's stock price has depreciated by approximately 13.91% since our coverage, as technical weakness persisted. The thesis still stands given MKC's strong fundamentals. Investing Lawyer shares a similar view on Main Street Capital but emphasizes its higher yield and monthly dividends. Main Street Capital Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held MAIN at the end of the first quarter which was 9 in the previous quarter. While we acknowledge the potential of MAIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.

Germ brings end-to-end encrypted messages to Bluesky
Germ brings end-to-end encrypted messages to Bluesky

TechCrunch

time30-07-2025

  • TechCrunch

Germ brings end-to-end encrypted messages to Bluesky

A new startup called Germ is bringing end-to-end encrypted messaging to the Bluesky social network, allowing its users to have a more secure option for chats than Bluesky's existing DMs. After over two years of development, the service is launching its encrypted DMs for Bluesky into beta this week, with plans to gradually onboard new testers ahead of a public launch. In time, the technology that Germ is building, much of which is open sourced, could allow Bluesky itself to introduce encrypted messaging into its own app. Germ was designed to offer an alternative to existing end-to-end encrypted platforms that dominate globally, like iMessage, Signal, and WhatsApp. Germ takes advantage of newer technologies, like Messaging Layer Security (MLS), a new standard approved by the Internet Engineering Task Force (IETF), and the AT Protocol (or AT Proto), which powers Bluesky. Image Credits:Germ Image Credits:Germ However, instead of requiring a user's phone number as some messaging apps do, Germ integrates with AT Proto. This allows Germ users to securely chat with friends from Bluesky and the wider open social web, including apps like Flashes and Skylight, but with added controls over the user experience. For instance, you can choose to accept DMs from people you follow on Bluesky, or you could configure it so that only you can initiate chats with other people. Plus, when you block a user in Germ, you can choose whether you want to only block them in Germ or if you want to block them across Bluesky and other AT Proto-powered apps as well. The concept for Germ comes from co-founders Tessa Brown (CEO), a communications scholar who previously taught at Stanford, and Mark Xue, who worked as a privacy engineer at Apple on technologies like FaceTime and iMessage. Brown's studies led her to realize that access to private communications was fundamental to the health of social networks. Image Credits:Germ 'We know that, psychologically, you can't build a good relationship with people if you feel like you're being stared at and manipulated all the time. And that's really what social media is today,' Brown tells TechCrunch. 'So I came out of that work with a really strong conviction around end-to-end encrypted messaging as kind of the centerpiece of what I thought was the future of social media and the future of communication,' she adds. Xue, meanwhile, came out of Apple believing that the use of phone numbers and telephony is a dated technology to serve as the basis for secure communications, and wanted to build something new. Today, Germ's service works by way of a 'magic link,' which is generated for you and pasted into your Bluesky bio. When another Bluesky user on iOS clicks this link, they can immediately chat with you without downloading a new app from the App Store. To make this possible, Germ takes advantage of underutilized Apple technology called App Clips, which allow users to run a portion of an app's code on their device without installing the full app. Today, app clips are used for miscellaneous one-off type transactions, like paying for parking via a QR code. But in Germ's case, they allow for quick chats. While the user experience is simple enough, the technology behind it is not. The link itself is actually a cryptographic key that authenticates the user's AT Proto identity to confirm that the user is the person associated with that Bluesky handle. From the Germ app clip, you can choose to install the Germ iOS app, which offers more controls, access to your friends list, and now, Bluesky pairing. The pairing feature was somewhat finicky in our tests, but we are running the iOS 26 developer beta, which may be causing complications. (To work around the issue, we started the chat from the app clip first, before trying to authenticate from the installed app.) Tessa Brown, Germ Network CEO Image Credits:Germ Network Instagram (opens in a new window) Brown tells TechCrunch that she's excited about building within the Bluesky community, given the app's growing cultural impact, which has attracted big names in U.S. politics, like Barack Obama, Hillary Clinton, and other representatives, senators, and governors, to join. Given that Germ is ahead of the Bluesky team itself in building encrypted messaging technology, Brown is hopeful that Germ's protocol could be more broadly adopted by Bluesky and others in the future. While currently free to use, the Germ app may later introduce a premium subscription upgrade that offers more advanced services, including private AI services, personalization tools, and more. The four-person startup has raised pre-seed funding from angel investors, including a co-author of MLS and other trust and safety experts. Institutional investors include K5 Global and Mozilla Ventures. The company hopes to raise additional funds for an Android version in the future.

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