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Storj Accelerates Growth to Revolutionize Enterprise Cloud Object Storage in 2024 Through Globally Distributed Architecture, Partnerships and Values-Driven Initiatives

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ATLANTA, Feb. 13, 2024 /PRNewswire/ — Storj, today announced accelerated growth of its cloud object storage solution, which is positioned to transform the data storage landscape in 2024. Partnerships, organic growth and values-based initiatives continue solidifying Storj’s position in tech innovation, policy and stewardship. 

Storj CEO Ben Golub says, “I’m proud to see rising confidence and reliance on Storj. Our customer data more than doubled in 2023, performance doubled, and we have billions of objects stored on our network in tens of billions of pieces distributed over tens of thousands of nodes surpassing 25 PB of customer data in 2023. With peta-byte scale customers including major production studios, healthcare companies, and telecommunication leaders, we’re well positioned and are expanding our network of partners, MSPs, VARs and enterprise customers.”

Growth & Validation
90% of the world’s data was generated in the last 2 years and cloud storage is now a $100B market, growing to $480B by 2030, largely propelled by video, scientific/healthcare data and AI. Core strengths of Storj’s are managing the very large files these sectors rely on and delivering S3-compatible, enterprise grade, cloud object storage, often 2-3x faster at  1/10 the cost and 1/10 the carbon footprint of AWS.

Storj achieved 226% y/y revenue growth in 2023 proliferating a smarter approach than first-gen hyperscalers burdened by resource-heavy data-centers. It easily handles TB files, while AWS Cloudfront is limited to 30GB, for example. Storj’s infrastructure, providing infinite scalability and environmental sustainability, is a timely combination.

Storj developed partnerships with 30 tech alliance partners and 15 resellers in 2023 including Adobe® Premiere® Pro for media professionals, Acronis for secure backups, MASV for high-performance video teams, Livepeer for live and on-demand video and GB Labs for fast high-performance media sharing. Storj also became SmartStore certified with Splunk.

The company was the first distributed cloud storage provider featured in Forrester’s Object Storage Landscape report in Q2 2023, affirming Storj’s approach “will disrupt centralized object storage providers as computing shifts to the edge.” It also won a 2023 NAB Show Product of the Year Award in the Cloud Computing and Storage category.

Sustainability & Savings
Storj published a 2023 whitepaper revealing that distributed cloud storage reduces carbon emissions by up to 83%. Because the average rate of server utilization is only 12-18% of capacity, Storj uses existing capacity for its architecture, eliminating the need to build, cool and maintain new drives and data centers. Along with sustainability, this affords Storj a pricing advantage and avoids supply chain challenges, even for multi-petabyte storage. 

Enterprises adopt green technologies if they’re the best business decision, and Storj offers a lower carbon approach that’s more efficient, performant, secure and cost-effective. By 2040, energy required to store digital data could be responsible for 14% of the world’s emissions – about the same as all carbon the US emits now. In response, in 2023 Storj co-founded the Digital Sustainability Alliance (DSA) with AdSignal, Valdi and Earthshot to advance industry-leading solutions that deliver major environmental sustainability impact. 

Ben Golub, CEO of Storj addressed members of the UK House of Commons at the Parliamentary Digital Economy Summit in November 2023, regarding sustainable cloud storage and the DSA participated at the 2024 COP28 United Nations Climate Change Conference in Dubai, speaking about digital sustainability and AI.

Security & Compliance
Instead of storing data on data centers that are vulnerable to outages and attacks, Storj encrypts and splits data across its zero-trust network to protect against outages, ransomware, and compromise, eliminating single points of failure while delivering speed, reliability, security, and global accessibility. Storj has presented at all of the Institute for Security & Technology’s Ransomware Task Force conferences.

The 2023 launch of Storj Select added facilities with SOC2 certifications to meet needs of large enterprises in industries like healthcare and finance with rigorous security and compliance demands. With petabytes of healthcare data, healthcare data security leader CloudWave, is leveraging Storj Select. “We work with 300+ hospitals across six countries to protect patient data from cyberattacks and ensure performance and reliability,” said Matt Donahue, CloudWave CTO. “Storj Select’s compliance features, speed and security fit well with our cloud strategy.”

Transparency & Outlook
Storj is positioned with strong financials, solid governance, an experienced team and $75M+ in assets, positioning for a landmark year in 2024. Storj makes live statistics on the state of its network available, publishes annual data on their diversity, equity, and inclusion initiatives and environmental sustainability initiatives, is built on open source code, maintains an open roadmap and shares live network statistics.

CEO, Ben Golub shared, “The market is evolving from old-guard titans to a new generation of business and technology leaders that value innovation and transparency to position themselves for exciting growth in 2024 and beyond.” 

About Storj
Storj is revolutionizing cloud object storage. We put unused storage to work as a massive distributed network rather than building data centers. Enterprises benefit from S3-compatible edge storage with superior global performance, security, and durability. Make the world your data center and get 80% lower costs and carbon emissions.

Press Contact:
Jackie Lucas
Public Relations
372924@email4pr.com
978-255-1159

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SOURCE Storj

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BCE reports results of Series S and T preferred share conversions

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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