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The Linux Foundation Announces the Launch of NeoNephos to Advance Digital Autonomy in Europe

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New Initiative Will Foster Collaboration and Innovation Around Open Cloud Infrastructure and Cloud-Native Technologies.

BRUSSELS, March 31, 2025 /PRNewswire/ — Linux Foundation Europe, the nonprofit organization enabling mass innovation through open source in Europe and around the world, today announced the official launch of the NeoNephos Foundation. This new initiative is dedicated to fostering collaboration and innovation around open cloud infrastructure, digital sovereignty, and next-generation cloud-native technologies in Europe.

New Initiative Will Foster Collaboration and Innovation Around Open Cloud Infrastructure and Cloud-Native Technologies.

NeoNephos, one of the first concrete open source outcomes of the IPCEI-CIS EU investment, emerges as a response to the growing demand for secure, scalable, and transparent cloud solutions that support European goals of digital sovereignty. By bringing together leading organizations, technology providers, and academic institutions, the foundation will serve as a hub for developing and promoting open source solutions that empower European enterprises and public sector entities.

“Linux Foundation Europe is proud to support the launch of NeoNephos, which represents a significant step forward in supporting Europe’s cloud sovereignty goals through open source,” said Gabriele Columbro, General Manager of Linux Foundation Europe. “By fostering an openly governed collaborative ecosystem, we can accelerate innovation by building and integrating with open source cloud native building blocks like Kubernetes, Sylva, and LF Networking projects. Together, we can leverage projects already hosted under the Linux Foundation global ecosystem, while ensuring alignment with regulatory and data protection requirements that are critical for European stakeholders.”

NeoNephos will focus on several key areas, including:

Cloud Infrastructure: Developing and promoting open, interoperable cloud technologies tailored to the needs of European enterprises and governments.Digital Sovereignty: Ensuring that organizations retain full control over their data and infrastructure while maintaining compliance with European regulations.Collaboration & Innovation: Providing a vendor-neutral environment where contributors can build, deploy, and scale cloud-native solutions that support a thriving digital economy.

A broad coalition of founding members is joining the NeoNephos Foundation to accelerate its mission, including leading technology companies, cloud providers, and research institutions. Initial members include Clyso GmbH, Cyberus Technology, Deutsche Telekom AG, SAP SE, TNO – ECOFED, and 23 Technologies GmbH. These organizations bring deep expertise and a shared commitment to fostering an open cloud ecosystem that prioritizes transparency, security, and interoperability.

NeoNephos welcomes additional members, contributors, and collaborators to get involved and support its efforts. Organizations and individuals interested in participating can find more information at neonephos.org.

Supporting Quotes

“8ra is one of the key initiatives to advance Europe´s digital sovereignty. It is currently driven by more than 120 companies from 12 EU Member States creating a strong basis for an innovative multi-provider cloud edge continuum. At the heart of the initiative lies the development of Open Source components. In that regard the German Federal Ministry for Economic Affairs and Climate Action (BMWK) welcomes the creation of the NeoNephos foundation under the umbrella of the Linux Foundation Europe. It will be a cornerstone to get the community involved to further develop the next generation of cloud and edge services.
– Ernst Stoeckl-Pukall, Head of Division, Industry 4.0, Digitalization, BMW

“As a long-standing advocate of open source solutions, I am excited about the launch of the NeoNephos Foundation, which aligns perfectly with CLYSO’s commitment to harnessing open source software for innovative data management. NeoNephos represents a significant step forward in Europe’s quest for digital autonomy and cloud sovereignty. By fostering collaboration between industry leaders, technology providers and academic institutions, NeoNephos will accelerate the development of secure, scalable and transparent cloud solutions that meet European regulatory standards. At CLYSO, we are excited to contribute our expertise and engage in this global community, working together to shape the future of cloud infrastructure in Europe.”
– Joachim Kraftmayer, CEO at CLYSO GmbH

“At Cyberus Technology, we believe open-source is vital to Europe’s digital sovereignty, driving collaboration and innovation across borders. The Linux Foundation Europe and the new NeoNephos Foundation perfectly represent this vision, and we at Cyberus Technology are proud to be part of it.”
 –Tor Lund-Larsen, CEO Cyberus Technology

“A team is always stronger and better. With joint efforts we can ensure that Europe determines its own digital future and stays independent. For decades, T-Systems developed sovereign solutions for Germany and Europe together with other players. That is why we also heavily invest in building a cloud-edge infrastructure in IPCEI-CIS. NeoNephos as a shared open source standard will be a key enabler to make this a success.”
– Ferri Abolhassan, CEO T-Systems and Member of the Board of Management Deutsche Telekom AG

“At SAP, open innovation is central to our strategy. By initiating the Neonephos Foundation and transferring several of our latest flagship open source projects—developed as part of the EU IPCEI-CIS initiative—we are advancing a collaborative, secure, and interoperable cloud and edge ecosystem in Europe. This step reinforces our commitment to digital sovereignty while setting a new benchmark for innovation that drives tangible value for the European digital economy.”
– Michael Ameling, Member of the SAP SE Extended Board, General Manager & Chief Product Officer Business Technology Platform

“Contributing to NeoNephos allows STACKIT to develop an interoperable cloud and edge computing ecosystem. This aligns perfectly with our commitment to a digitally sovereign Europe.”
– Bernie Wagner, CEO of STACKIT

“As an independent applied research institute in the Netherlands, TNO is proud to work with NeoNephos in shaping the EU’s sovereign cloud foundation. NeoNephos aligns with the goals of the Dutch IPCEI CIS project ECOFED; a consortium project with the Dutch SME cloud industry to come to open a federated cloud ecosystem.”
–Berry Vetjens, Director Market unit ICT, Strategy & Policy, TNO – ECOFED|

“We are honoured to join the NeoNephos Foundation as 23 Technologies and actively participate in the development of an open, interoperable and sovereign cloud-edge ecosystem. The initiative is a crucial step for Europe’s digital autonomy and we are proud to contribute with our expertise to open collaboration and innovation”.
–Christian Berendt, Founder of 23 Technologies

About Linux Foundation Europe and the Linux Foundation
Linux Foundation Europe is the Brussels-based European chapter of the Linux Foundation. The Linux Foundation is the world’s leading home for global collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure, including Linux, Kubernetes, Node.js, ONAP, OpenChain, OpenSSF, PyTorch, RISC-V, SPDX, Zephyr, and more. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.

Media Contact
Federica Nocerino
federica@linuxfoundation.eu
Linux Foundation Europe

 

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SOURCE Linux Foundation Europe

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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