Technology

Axiad Appoints New Chief Financial Officer and Vice President of Sales

Published

2 years ago

September 16, 2024

With More Than Four Decades of Combined Expertise, Executives to Further Solidify Identity Security Company’s Financial Future and Support its Rapid Customer Growth

SAN JOSE, Calif., Sept. 16, 2024 /PRNewswire/ — Axiad, an identity-first enabler of the zero-trust enterprise, today announced it has named Brian Szeto as its chief financial officer (CFO) and Lynne Boyd as its vice president (VP) of sales to support the company’s rapid growth trajectory.

As CFO, Szeto will be responsible for managing and overseeing the organization’s financial activities, including financial planning and strategy, investment and risk management, and mergers and acquisitions evaluations.

“What drew me to Axiad was the combination of its incredibly talented and passionate team and its clear vision for impact on the identity security space,” said Szeto. “In the coming months, I look forward to playing a crucial role in shaping the financial health and strategy of the company to support its ongoing growth efforts.”

With more than two decades of finance experience, Szeto was most recently the CFO at Zimperium, a global leader in mobile enterprise security. Prior to Zimperium, he served as VP of finance at ThoughtSpot, the pioneer of search and AI-powered analytics, and held various finance leadership roles with NASDAQ and NYSE bellwethers, Workday and Juniper Networks.

As the VP of sales, Boyd will be primarily responsible for sales strategy development, customer relationship management, sales training and development, and revenue generation. Before joining Axiad, she served more than 20 years in sales leadership roles with various cybersecurity companies.

“For a company its size, Axiad has an impressive customer portfolio, including many Fortune 100 companies, which speaks to the strength of the company’s technology and the critical market need,” said Boyd. “In the short term, I plan to help Axiad expand opportunities with its existing large customers, develop additional customers in key industry verticals and continue to build a rockstar sales organization.”

Boyd’s previous positions include the VP of sales at Cloakware Corporation (acquired by Irdeto), VP of global services and solutions sales at Irdeto, area VP of sales at Perspecsys Inc. (acquired by Blue Coat Systems), and area VP of cloud security at Blue Coat Systems (acquired by Symantec). Most recently, she was the VP of sales, Americas at Ericom (acquired by Ericsson), where she worked closely with Axiad CEO David Canellos.

“The addition of Brian and Lynne – two exceptional leaders with more than four decades of combined expertise – represents the next significant chapter of building our world-class team,” said Canellos. “Brian brings a proven track record of financial planning and instilling fiscal and operational discipline, an invaluable asset that will propel the company forward. Having worked with Lynne in the past, I’m confident in her ability to manage a team that establishes high-trust, long-term relationships with both existing and new customers, that will significantly increase the company’s revenue growth.”

The recently announced new headquarters location and executive appointments build on the company’s momentum of raising $25 million in funding from Invictus Growth Partners as well as the recently announced appointments of Alex Au Yeung as chief product officer and Sergey Starzhinskiy as vice president of systems engineering.

About Axiad
Axiad provides comprehensive credential management systems that secure digital identities across users, machines, assets and interactions for enterprises and public-sector organizations. Axiad helps customers maximize their cybersecurity investments by seamlessly adding modern authentication and credential management processes into existing IAM workflows. This approach simplifies the complexities of managing disparate IAM solutions that work in an ever-growing mix of cloud-based, on-prem and hybrid infrastructures, all while maintaining compliance with stringent standards such as FedRAMP, CMMC and AAL3. Axiad’s flagship offering, Axiad Cloud, is an advanced authentication toolset that delivers user-friendly, phishing-resistant authentication without requiring replacement of existing systems. Axiad Cloud leverages cloud-based PKI and robust credential management, supporting the industry’s broadest range of credentials, including x.509-based TLS certificates, FIDO2, mobile MFA, YubiKeys, smart cards, TPMs and biometrics. Axiad Cloud customers benefit from lower IT costs, enhanced user satisfaction and fortified IAM processes that can withstand modern identity-based attacks. Visit axiad.com to learn more.

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SOURCE Axiad IDS, Inc.

Technology

Trip.com Group Sincerely Accepts Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People’s Republic of China

Published

2 hours ago

July 25, 2026

SINGAPORE, July 25, 2026 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) today announced that it has received the administrative penalty decision issued by the State Administration for Market Regulation of the People’s Republic of China.

Trip.com Group sincerely accepts the decision and will adopt rectification measures in accordance with applicable laws and regulations to implement the decision’s requirements. The Company will strengthen its long-term governance mechanisms and strive to contribute to the sustainable development of the travel industry.

Trip.com Group’s management team will host a conference call at 8:00 AM U.S. Eastern Time on July 27, 2026 (or 8:00 PM Hong Kong Time on July 27, 2026).

The conference call will be available on Webcast live at: http://investors.trip.com.

All participants must pre-register to join this conference call using the participant registration link below:
https://register-conf.media-server.com/register/BIb78e08d8f18340c4882a7e4ab961906b.

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

For further information, please contact:
Investor Relations
Trip.com Group Limited
Email: iremail@trip.com

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SOURCE Trip.com Group Limited

Technology

NAVER Partners with Brookfield and NVIDIA to Expand Korea’s National AI Factory Infrastructure Buildout

Published

4 hours ago

July 25, 2026

SAN FRANCISCO, July 25, 2026 /PRNewswire/ — NAVER, Brookfield and NVIDIA announced an expansion of Korea’s sovereign AI factory infrastructure. New investments will increase the initial NVIDIA DSX™ AI factory deployment from 55 megawatts to 200 megawatts.

Announced during Korea President Jae Myung Lee’s AI Summit visit to San Francisco, the planned 200-megawatt expansion will be built with the NVIDIA DSX platform at NAVER’s GAK Sejong hyperscale data center in Sejong, South Korea. The expanded infrastructure will provide Korea- and U.S.- based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.

Under the terms of the agreements, Brookfield will fund up to $9 billion as the exclusive capital partner, NVIDIA will invest $1 billion and NAVER will fund the remaining amount to finance the $10 billion project.

This builds on NAVER’s June announcement to extend its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure serving Korea’s enterprises, industries, government organizations and global AI cloud customers. Combining Brookfield’s capital with NVIDIA’s computing platform, the investment supports NAVER’s AI factory deployment.

“NVIDIA’s strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER’s vision for the AI Factory business into a robust execution phase,” said Haejin Lee, Founder and Chairman of NAVER. “Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem, and spearhead efforts to strengthen South Korea’s AI competitiveness.”

AI Factory Expansion and Open Model Collaboration to Fuel AI Innovators

NAVER, as an NVIDIA Cloud Partner, provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. The 200-megawatt AI factory, featuring NVIDIA Vera Rubin and Blackwell platforms, will establish a dedicated resource pool for emerging AI companies, providing the compute, software and support needed to develop and deploy competitive AI models and applications at scale.

This expanded infrastructure also builds on NAVER and NVIDIA’s collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.

NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

About NAVER

Founded in 1999, NAVER is Korea’s largest Internet company and one of the world’s top tech companies. Leading cutting-edge technologies, NAVER operates the No.1 search engine in Korea and holds various business portfolios encompassing commerce, fintech, cloud, AI and robotics.

NAVER recorded sales of KRW 12.04 trillion (USD 8.18 billion) in 2025. TEAM NAVER continues to enhance its business portfolio and expand its global presence across Japan, North America, and Europe, while pursuing innovation through continuous research and development in future technologies.

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SOURCE NAVER

Technology

Beijing Review: Walking Through Time: China and U.S. Youths Explore Dali’s Past and Future

Published

4 hours ago

July 25, 2026

BEIJING, July 24, 2026 /PRNewswire/ — On July 17, a China-U.S. youth delegation came to Dali of Yunnan Province. By examining how Dali’s rich history intersects with modern development, the delegates explored new pathways for rural development.

They visited Dali Old Town, tried their hand at making the Bai people’s Three-Course Tea and also explored the ancient town of Xizhou, where they learned how modern tourism and indigenous life coexist.

In Yunnanyi Village, they explored its history as a stop along the Tea Horse Road and learned about the role it played during the Second World War (WWII).

Tyler James Smith

“I think it’s a very underappreciated part of World War II history. Hearing these stories of different countries working together despite cultural differences is incredibly inspiring.

I also think there are many stories like these that haven’t been widely told, simply because World War II is such a complex period in history. That’s why I think it’s so meaningful to visit museums like this and experience these stories firsthand.”

At Xiangyun Economic and Technological Development Zone, they visited a local new energy company to see how green, low-carbon development is driving regional growth.

Valerie Marie

“I recently started studying energy transitions. I know China has been really big in the renewable energy sector. So actually getting to hear more about [China’s] 2060 [pledge], learning more about carbon neutrality [goals], as well as other zero-carbon goals, was cool.”

During their stay in Dali, they also strolled along the Erhai Lake Ecological Corridor.

Bai Yiwen

“I’d describe this journey as “to be continued,” because my own connection with Yunnan is far from over. For the U.S. delegates, this was only their first visit, so they’ve only had a glimpse of what Yunnan has to offer. I hope they will have more opportunities to come back to China, explore other cities in Yunnan, and discover even more of its people, culture and traditions.”

After Dali, the delegates will visit Beijing for more tours and exchanges. The event was co-hosted by China International Communications Group (CICG) Center for the Americas and the U.S.-based International Student Conferences.

https://x.com/beijingreview/status/2080104404552663067?s=46&t=yfVMVdMyE2zKAFrYaLoV-g

https://www.facebook.com/share/v/1EtGCCKzy4/?mibextid=wwXIfr

https://www.tiktok.com/@cachinachic/video/7665536913532587294?is_from_webapp=1&sender_device=pc&web_id=7227134149436605995

https://youtu.be/jGONWTqwduc?is=KfL-Zn3HyVYE-KEm

Contact: Jiaweibellapeng@163.com

View original content:https://www.prnewswire.com/news-releases/beijing-review-walking-through-time-china-and-us-youths-explore-dalis-past-and-future-302834587.html

SOURCE Beijing Review