Business
Philotimo Group wins GOLD STEVIE® AWARD IN 2024 ASIA-PACIFIC STEVIE AWARDS for establishing GEM Institute in Timor-Leste
Global training and labour mobilisation company, the Philotimo Group, has won a GOLD STEVIE AWARD
Global training and labour mobilisation company, the Philotimo Group, has won a GOLD STEVIE AWARD in the Asia-Pacific Stevie Awards for the Gem Institute.
SYDNEY, NSW, AUSTRALIA, May 22, 2024 /Businessnewsrelease.com/ — Global training and labour mobilisation company, the Philotimo Group, founded by respected Australian entrepreneur, Themelina (Tammy) Kassiou, has won a GOLD STEVIE AWARD in the 11th annual Asia-Pacific Stevie Awards for the launch of the Gem Institute, in Dili, Timor-Leste.
The Asia-Pacific Stevie Awards are the only business awards program to recognise innovation in the workplace in all 29 markets of the Asia-Pacific region. The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards® for 22 years.
More than 1,000 nominations from organisations across the Asia-Pacific region were considered this year in categories such as Award for Excellence in Innovation in Products & Services, Award for Innovative Management, and Award for Innovation in Corporate Websites, among many others. The Philotimo Group received the GOLD STEVIE Award for Excellence in Innovation in Consumer Product & Service Industries – Up to 100 Employees.
“The 11th edition of the Asia-Pacific Stevie Awards attracted many remarkable nominations,” Stevie Awards president Maggie Miller said.
“The organisations that won this year have demonstrated that they are committed to being innovative, and we applaud them for their perseverance and creativity.”
Gold, Silver and Bronze Stevie Award winners were determined by the average scores of more than 100 executives around the world acting as judges in February and March.
“We are absolutely delighted to be recognised with such a wonderful award. The award is testament to the work of my amazing team and also the wonderful people of Timor-Leste in helping to bring to fruition such a progressive and much needed education and training institute,” Philotimo Group Chair, Tammy Kassiou, said.
“The GEM Institute is the first of its kind in Timor-Leste and focuses on providing a broad range of English language courses designed to equip the people of Timor-Leste with employment-ready skills across the legal, health and wellness, aged care and tourism and hospitality sectors in English speaking environments.
“The GEM Institute provides much needed industry focused English learning for the people of Timor-Leste. The Australian economy is facing a significant worker shortfall of hundreds of thousands across the health, caring, hospitality and general business sectors. The shortfall represents jobs that urgently need to be filled in order for organisations to deliver essential services and achieve growth.
“Timor-Leste offers the opportunity for highly motivated, skilled and English-speaking job ready people to work in Australia.
“The GEM Institute will provide critical job readiness for many Timor-Leste people looking to work in Australia.”
The GEM Institute has already commenced delivery of a number of courses including:
. English for Healthcare Professionals
The course is designed for healthcare professionals such as student nurses, nurses, paramedics and doctors that work or intend to work in English speaking environments or are studying to pursue careers in these areas.
. English for the Legal Sector
The course is designed for students with a legal background or participants that want to develop a higher level of professional English through topics related to law. It is ideal for participants that are preparing for legal exams or the study of law in an English-speaking country.
. English for Business
The course is designed to help people improve their English for business or work in English speaking working environments across a broad range of sectors.
. English for Tourism and Hospitality
The GEM Institute offers a range of Certificate Three courses across travel and tourism, events and baking, cooking and hospitality. In addition it also provides foundation skills courses, short courses and first aid.
Aged care courses are now also being provided with many more expected to be added to the program in 2024 and beyond.
“Our goal is to ensure that the people of Timor-Leste have access to world-leading industry focused English courses that not only equip them with the skills to communicate at a high level in English speaking working environments, but that will also enable them to excel in these sectors as high performing professionals,” Kassiou said.
“We have worked with industry leaders to ensure the courses are of the highest standard and meet the specific needs of key employment sectors. Timor-Leste is a key strategic and geographic partner of Australia and we look forward to supporting the mobilisation of talented, enthusiastic and highly capable Timor-Leste workers to Australia.”
The GEM Institute is located in Dili. English courses are delivered by highly trained and experienced trainers. Institute facilities include cutting edge technology ensuring that teachers and tutors are able to deliver the courses using interactive and immersive learning techniques.
About the Philotimo Group
Founded by Australian entrepreneur and industry stalwart, Themelina Kassiou, affectionately known as Tammy Kassiou, the Philotimo Group is the parent company for a number of businesses including Industry Safety Assessment and Training (ISAT), a Timor-Leste based business highly respected for its services in providing training and job capability preparation to a broad range of industries. The business plays a key role in supporting local content initiatives, skills development and furthering sustainable social, environmental, and economic development through partnerships with government and industry sectors.
Services provided by ISAT
ISAT provides high quality training and professional development services in Timor-Leste to support the need for semi-skilled and skilled workers to join the growing number of companies wanting to engage local people for their businesses in East Timor and internationally. This work facilitates the deployment of skilled workers across businesses and industries within Timor-Leste and overseas. In addition, it also trains and upskills local people to international standard and assists them to find employment. As a result, local Timor-Leste people have a pathway to employment across a broad range of industries and are even able to gain the skills and support needed to pursue their own business start-up goals.
https://isat.tl
https://geminstitutes.com
Tess Sanders Lazarus
Invigorate PR – Global PR for entrepreneurs and businesses
Business
Business News Release: Your Best Option for Publication on Forbes Media
Looking to publish on Forbes Media? Discover why BusinessNewsRelease.com is the best choice for high-quality Forbes leadership articles and brand exposure
BusinessNewsRelease.com: Your Best Option for Publication on Forbes Media
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Business
GPTBank Telegram Mini Program Launch Imminent: A New Era of Intelligent Finance Begins
Overview: On October 10, 2024, the GPTBank Telegram mini program is set to make a grand debut. At the intersection of finance and technologythe launch of the GPTBank Telegram mini program signifies not just the birth of an application but also marks the entry of the global financial system into a new era driven by artificial intelligence and blockchain technology.
GPTBank, an innovative project initiated by a collaboration between Bank of America Mellon, Two Sigma, and key technical members of Renaissance, leading global quantitative institutions, is paving the way into this new financial era.
GPTBank’s Core: A Team of Global Elites
The GPTBank team represents a “super alliance” in the fields of finance and technology. It brings together seasoned executives and strategists from Bank of America Mellon, AI research pioneers from Google, OpenAI, and TradingView, as well as authorities in finance and computer science from top institutions like MIT and Stanford. The team is further strengthened by data scientists, quantitative engineers, and risk researchers from Two Sigma and Renaissance. This cross-disciplinary, international elite team ensures GPTBank’s leadership in technological innovation, financial insight, data modeling, and academic research.
GPTBank’s Core: Global Crypto Financial Operating System (GCOS)
GCOS, or Global Crypto Operating System, is an open, decentralized financial infrastructure based on AI and blockchain technology, currently accessible only to banks. It seamlessly connects global financial institutions, businesses, and individuals, enabling instant, low-cost capital flows. Through smart contracts and AI-driven risk management, GCOS automates complex financial transactions such as cross-border loans and derivative trades, offering unprecedented convenience and security for global financial transactions.
GPTBank’s Core: High-Frequency Quantitative Finance G7
The G7 system, or G7 High-Frequency Trading System, developed by GPTBank, integrates ChatGPT computing and deep learning technologies. Updated to its seventh generation, the G7 system can perform complex financial model calculations, predict market trends, and simulate the spot and contract trends of the cryptocurrency market. Beyond predicting market movements, it can also simulate market trends for the next 2-4 months. As of August 2024, G7 has achieved lossless arbitrage on Binance and Coinbase for 27 consecutive months, setting a record with a platform-wide monthly profit of up to 127%.
GPTBank’s Core: Global Pioneer in 10% Profit Model
GPTBank’s revenue model includes API service fees, customized service fees, and G7 trading revenue fees. To promote the adoption of the G7 system, GPTBank redistributes 90% of its profits to G7 system investors, retaining only 10% for ongoing platform operations and technological innovation. This model encourages more users to join the G7 system, accelerating the innovation of the global financial system. The more users there are, the greater the potential earnings for each individual, creating a positive cycle. Through this mechanism, GPTBank has the potential to become the world’s largest wealth redistribution platform, creating new sources of income for billions.
GPTBank’s Upcoming Mini Program: Rich in Details, Upgraded Experience
The interface design of the GPTBank Telegram mini program is clean and intuitive, allowing users to easily manage their assets and transactions. With real-time market data analysis and predictions, GPTBank offers personalized investment advice, aiding users in making smarter decisions. Security is also a highlight, featuring multi-layer encryption and risk control algorithms to safeguard user funds and information. The mini program supports multiple languages, serving users globally and providing high-quality financial services regardless of location. Additionally, GPTBank plans to launch a series of educational and interactive financial tools to help users better understand market dynamics and investment strategies.
With the official launch of the GPTBank Telegram mini program, we are approaching a smarter, more efficient, and inclusive financial future. This is not just a technological leap but also a revolution in financial philosophy. GPTBank stands at the forefront of financial technology, bringing a new financial ecosystem to global users. It is reported that subsequent launches of the GPTBank H5 page and GPTBank App will follow suit at appropriate times.
Official Website: gptbankai.com
Official X: https://x.com/GPTBank_
Business
The United States News Media: How It Works and Its Role in Society
The United States news media plays a crucial role in shaping public opinion, providing information, and holding governments and institutions accountable. The media landscape in the United States is vast, including print, broadcast, and digital platforms.
FLORENCE, FI, ITALY, September 28, 2024 news by Business News Release
With a history of more than 200 years, the news media has evolved significantly, from newspapers and radio to television and now, digital and social media.
In this article, we’ll explore how the U.S. news media works, its key players, and the challenges it faces today.
Types of United States News Media
There are several different types of news media in the United States, each with its own audience, style, and focus. These include:
- Print Media:
- Newspapers: Traditional newspapers like The New York Times (www.nytimes.com)—notable journalists include Thomas Friedman and Maureen Dowd—The Washington Post (www.washingtonpost.com), with prominent journalists like Bob Woodward and Dana Milbank, and The Wall Street Journal (www.wsj.com)—notable journalists include Gerard Baker and Jason Zweig—are still important sources for in-depth investigative reporting and editorial content. Though print sales have declined, these outlets have made significant moves online.
- Magazines: Publications like Time (www.time.com), where you can find journalists like Maya Rhodan and Charlotte Alter, and The Atlantic (www.theatlantic.com), with notable writers like Jeffrey Goldberg and Anne Applebaum, provide detailed analysis and feature stories, often focusing on political, cultural, and social issues.
- Broadcast Media:
- Television News: Major U.S. television networks such as ABC (abcnews.go.com), NBC (www.nbcnews.com), and CBS (www.cbsnews.com) offer daily news programs, reaching millions of viewers. Meanwhile, 24-hour news channels like CNN (www.cnn.com),
where journalists like Anderson Cooper and Christiane Amanpour work, Fox News (www.foxnews.com), with notable personalities like Tucker Carlson and Laura Ingraham, and MSNBC (www.msnbc.com), featuring journalists like Rachel Maddow and Joy Reid, dominate the cable news scene, providing continuous coverage of breaking news and political analysis. - Radio News: News and talk radio remain popular, with stations like NPR (www.npr.org), featuring journalists like Terry Gross and Ari Shapiro, offering programs that cover news, analysis, and interviews, often with a focus on in-depth reporting and cultural topics.
- Television News: Major U.S. television networks such as ABC (abcnews.go.com), NBC (www.nbcnews.com), and CBS (www.cbsnews.com) offer daily news programs, reaching millions of viewers. Meanwhile, 24-hour news channels like CNN (www.cnn.com),
- Digital and Online Media:
- Online News Websites: Many traditional news outlets have adapted to the digital age by creating robust online platforms. Major newspapers like The New York Times and The Washington Post have extensive online presences, while purely digital outlets like HuffPost (www.huffpost.com),
where you can find journalists like Jessica Goodman, Vox (www.vox.com), with writers like Emily Stewart, and BuzzFeed News (www.buzzfeednews.com), featuring journalists like Ben Smith, target younger, tech-savvy readers. - Social Media Platforms: Platforms like Twitter, Facebook, and Instagram have changed how people consume news, allowing for real-time updates and the ability to follow news outlets, politicians, and journalists directly. Social media has also become a space for debate, opinion, and the spread of both legitimate news and misinformation.
- Online News Websites: Many traditional news outlets have adapted to the digital age by creating robust online platforms. Major newspapers like The New York Times and The Washington Post have extensive online presences, while purely digital outlets like HuffPost (www.huffpost.com),
How the U.S. News Media Works
The operation of the U.S. news media involves several key processes, from news gathering to production and distribution. Here’s a breakdown of how it functions:
- Newsrooms:
- Newsrooms are the operational centers of media organizations. This is where reporters, editors, photographers, and producers work to gather news, verify facts, and create stories. Larger outlets like CNN or The New York Times have vast teams that cover different topics, known as “beats,” ranging from politics and economics to sports and entertainment.
- Corporate Ownership:
- A significant portion of U.S. news outlets is owned by large media corporations. For example, Fox News is part of the Fox Corporation, while CNN is owned by Warner Bros. Discovery. Corporate ownership has been criticized for contributing to biases or prioritizing profit-driven news over in-depth journalism.
- Public Broadcasting:
- The U.S. also has publicly funded news organizations like PBS (www.pbs.org) and NPR. These outlets provide high-quality journalism without relying on corporate advertising, aiming to offer more balanced and in-depth coverage. They are supported by donations, government funding, and corporate sponsorships.
- Funding Models:
- Most media outlets depend on advertising revenues, subscription models, or a combination of both. With the decline of print media, many newspapers have adopted digital subscription models, while some rely on donor support (e.g., NPR). Advertisers often look for outlets with high traffic, leading to the rise of clickbait and sensationalism in some corners of the news industry.
- Audience Engagement:
- The internet has significantly changed how news outlets engage with their audiences. Through comments sections, social media shares, and reader feedback, media companies gather insights into what content resonates most. This often influences future coverage and the way stories are presented.
- The internet has significantly changed how news outlets engage with their audiences. Through comments sections, social media shares, and reader feedback, media companies gather insights into what content resonates most. This often influences future coverage and the way stories are presented.
Challenges Facing the U.S. News Media
The news industry in the United States faces several challenges, many of which have been brought about by the shift to digital and online platforms. Below are some of the most significant issues:
- Misinformation and Disinformation:
- One of the biggest problems is the rise of misinformation (incorrect or misleading information) and disinformation (intentionally false information). The internet has made it easier for fake news to spread, especially on social media platforms. This poses a threat to the credibility of legitimate news outlets and public trust in the media.
- Media Polarization and Bias:
- Increasing political polarization in the U.S. is reflected in the news media. Outlets like Fox News are often associated with conservative views, while MSNBC is seen as more liberal. This has led to concerns that people are receiving news that reinforces their existing beliefs, creating “echo chambers.”
- Financial Sustainability:
- As more people turn to free online news sources, traditional media outlets are struggling to remain financially viable. Many newspapers have seen a sharp decline in print circulation and ad revenues. In response, many have adopted paywalls and subscription models to stay afloat.
- The Decline of Local News:
- Another worrying trend is the decline of local journalism. Many small, local newspapers have shut down or significantly downsized, leading to “news deserts” where communities have limited access to reliable local news. This makes it harder for local governments and institutions to be held accountable.
- Media Ethics:
- News outlets must navigate the tricky balance between ethics and profit. Maintaining journalistic integrity is critical, especially as outlets face the pressure of delivering news quickly and generating clicks. Responsible journalism involves verifying facts, avoiding sensationalism, and providing balanced reporting.
The Future of the U.S. News Media
The future of the U.S. news media is both exciting and uncertain. The rise of AI-powered journalism, video content, and mobile-friendly formats will likely continue to transform the industry.
Additionally, growing awareness about the importance of media literacy may help audiences better discern fact from fiction.
News outlets must continue adapting to changing technologies and audience preferences while also upholding journalistic standards. As the digital landscape evolves, so too will the role of news media in ensuring an informed, engaged public.
Conclusion
The U.S. news media is one of the most influential media landscapes in the world. It plays a critical role in shaping public discourse, providing information, and holding those in power accountable.
While it faces challenges such as misinformation, bias, and financial difficulties, the industry is constantly evolving to meet the demands of the digital age.
For more articles on the U.S. media, the role of journalism, or news consumption trends, visit our blog and stay informed!
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