March 21 2016

CCMP Capital Looses One of Its Longest Serving President, Steve Murray

CCMP Capital one of the biggest private equity investment companies found in the United States. The company is based in the New York City, although it has branches in other countries. Since the company was formed, it has worked hard to maintain leverage buyout and the growth in the capital transactions.

Since its incorporation, the company has had several names. First of all, it was given the name JP Morgan Partners, before it got the name CCMP. The company parted ways with their partners in 2006 and started to do business on their own. The original partners of the company were known as JP Morgan Chase.

Since the separation in the year 2006, CCMP has used a lot of money in the transactions it has performed. According to the reports from the company, the organization has used more that twelve million dollars in the form of transactions. In 2007, the company was announced to be the seventeenth among the biggest private equity funds in the world. For a company to do so well in the competitive market, it must have the best employees and managers to remain on the top. This is one of the things that has helped Stephen Murray CCMP Capital to do so well.

At the time of the separation with JP Morgan Chase, the company had not spread into many nations like it has managed to do today. The company was only headquartered in New York City, with no other branches. Today, the company has expanded, opening more offices in London, Hong Kong, Tokyo and many other cities. The company has plans to open more branches in the near future. The chairperson of the company at the moment is known as Greg Brennenmen.

In the year 2007, Stephen Murray CCMP Capital appointed one its longest serving employees to take the position of CEO. This individual was Steve Murray, and he had shown all the qualities that he can be reliable in the management of the company since he was one of the founding members of the institution. Steve Murray had been working in the company for long, and this means that he was experienced and knowledgeable in matters concerning the company. After taking over the leadership, Steve Murray worked for some time before leaving the company due to health problems. Stephen Murray CCMP Capital, however, did soon after at the age of 52, according to the Wall Street Journal leaving the company under the management of Mr. Greg. The company says that it has lost one of the most important people that have brought a lot of changes.

March 9 2016

Slyce Releases Exceptional 2016 Fourth-Quarter Report

Slyce is a startup that seems to be doing tremendously well. Slyce innovated the use of image recognition software thanks to the creation of the Slyce app a short time ago. The company recently released its fourth-quarter of 2015 revenue figures, and the numbers are fairly impressive.

The company is heading into 2016 with “$7 million in private placement funding”, a decent amount that is sure to help Slyce grow and expand. Yahoo! Finance published a report on the company’s successes in the fourth quarter, and the report reveals the company has entered into agreements with Shoes.com, Urban Outfitters, Shoe Carnival, and Neiman Marcus. Image recognition and visual search programs are not the only reasons retailers want to work hand-in-hand with Slyce.

Slyce has also produced apps and software designed to promote coupons. Coupons make customers a lot more likely to buy. Hence, Slyce’s coupon-oriented software is going to be very much welcomed by these retailers.

Slyce is hard at work at expanding the different programs developed under its banner. The Universal Scanner is designed automated recognition of objects. Slyce Link reflect a very interesting concept: image recommendations. Through Slyce Link, retailers are able to present possible suggestions to would-be customers.

These are only a few of the new programs put forth by Slyce and its development team.

The past growth of the company indicate Slyce is going to be poised for even greater things in the future. The continual development of new technology along with the addition of affiliated retailers should lead to even greater success.

March 4 2016

Visual Search Technology Posed To Revolutionize The Way We Shop Online

Visual Search Startups are helping companies give their users the ability to locate products online, through photos that they have taken of objects offline. Anupama Pasumarthy proclaims that whenever she shops online, she is usually disappointed by the recommendations she receives. She proclaimed that she either encounter issues surrounding the size of clothing as well as shoes in regards to being ideal for her size. She also proclaimed that as a result of this, she finds the concept of shopping offline, significantly more convenient.

Statistics demonstrate that savvy millennials such as Psumarthy fall within the demographic which most major fashion retailers go after. However, the problems she faces is typical for most people who shop online. In an effort to alleviate this problem, start-ups such as Stylumia Intelligence Technology provide A.I. visually based solutions. In fact, reports demonstrate that multiple startups across the globe are trying to perfect the concept of visual search. Visual search start-ups can prove to be extremely resourceful to companies because they can enable their users to find products on the internet, based off the photos they have taken of objects offline.

Globally, visually start-ups are striving to cater their services to specific verticals, but generally have concentrated their efforts on consumer applications. Stylumia for example, only focuses on fashion and can help both business and consumers alike, when it comes to conducting data based decisions. However, despite the progress that this type of technology has made, experts note that there’s some difficulty on the supply-chain side. The chief executive officer of Third Eyesight proclaimed that large retailers are essentially structured in a way where it takes them several months before they are able to respond to a given trend. He proclaimed that, until they can rectify this situation the data that visual start-ups have to provide will remain just that, data.

Slyce Inc is a leading visual search and recommendation company that is headquartered in Toronto, Canada. The company was established by Erika Racicot and Cameron Chell and they released Slyce’s visual recognition technology back in February 2013 during the Mobile World Congress in Barcelona. By the end of 2013, they were able to secure $6 million in financing.

The technology itself helps users to identify products, based on pictures they have taken in the real world, and allow them to purchase the very same item through their smartphone. Since the company came into existence back in 2012, the company has traded on the TSX Venture Exchange market and have partnered with 6 of the top 20 fashion retailers within the United States who uses their technology as a mobile application.

March 3 2016

Two Cases Of The Zika Virus Have been Confirmed In The State Of New Jersey According to Dr. Sergio Cortes

It is happening. The Zika virus is working its way into the United States, and there is very little anyone can do to stop it. America’s neighbors in the Caribbean are in the middle of a severe Zika virus outbreak, and Puerto Rico, a U.S. Commonwealth, is on the verge of a serious outbreak. The Aedes aegypti mosquito does make its home in Florida as well as in other gulf coast states, so the chances that the U.S. will dodge the Zika virus bullet are not even slim-to-none. The virus is already in the States. New Jersey just reported two cases and Illinois, Texas, Hawaii and Florida have reported cases. The virus will continue to rack up victims all summer long, according to Brazilian Doctor Sergio.
Dr. Cortes knows how quickly the virus can spread. There are millions of infected people in Brazil, but some of them don’t know they are infected. Only 80 percent of the people with the Zika virus show symptoms. The other 20 percent have the virus, but there are no visible signs of the infection, according to a post on the Dr. Cortes official website.
The first case of Zika turned up in Dallas in February. That case was special because the infected woman wasn’t bitten by the Aedes aegypti mosquito. He husband returned from a trip to South America and he transmitted the virus to her during sexual contact. The Dallas case was the first case in The U.S. that adds credence to the assumption that Zika can be spread by human contact.
Researchers now know that the virus stays in the urine, semen, and salvia of infected individuals. How long it stays in those fluids is still a mystery. The symptoms of Zika only last from three to seven days, but according to a Dr. Cortes tweet, the virus could linger in the human body much longer than a week.
Even though the initial symptoms of Zika are considered mild by most medical experts there is a chance pregnant women are at risk for a condition known as microcephaly. Microcephaly causes brain malformation and other physical issues in infants. There is no evidence to prove the Zika virus causes that infant disease, but researchers now know that the virus can stay in the amniotic fluid, and it infiltrates the brains of some fetuses. Dr. Cortes posts new microcephaly info on his LinkedIn page.
On the Cortes Facebook page, there are comments about the spread of the virus, as well as new information about a vaccine that could protect people from Zika. Scientists are trying to develop a quick vaccine for the virus, but vaccines take time to develop. But by the time a Zika vaccine is ready, there’s a good chance the virus will be gone.