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NACD BLUE RIBBON COMMISSION REPORT TO HELP BOARDS LEAD IN AN ERA OF PROFOUND DIGITAL AND DATA-DRIVEN TRANSFORMATION

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Report brings together expertise from 24-member Commission, led by AMD Lead Independent Director Nora Denzel and Best Buy Board Chair David Kenny

WASHINGTON, Oct. 7, 2024 /PRNewswire/ — Today, the National Association of Corporate Directors (NACD) released its 2024 NACD Blue Ribbon Commission report, “Technology Leadership in the Boardroom: Driving Trust and Value” , to help corporate boards navigate the promise of technology and data-driven innovation—as well as the blistering pace of change – that are central to companies’ growth strategies.

This report comes at a critical moment in time as boards are challenged with capturing the opportunities presented by rapidly evolving technologies while also managing new risks. In fact, NACD’s 2024 Public Company Board Practices Oversight Survey reported that only 34% of directors say the board and management are “strongly aligned” on the company’s vulnerability to the impact of transformative technologies.

The Report reflects the expertise and insights of a 24-member Commission – governance leaders, investors, and subject-matter experts representing more than 70 boards – that explored how the board’s oversight of technology and data can drive both trust and value.  Launched today at the NACD Directors Summit™, the report includes specific recommendations for strengthening technology leadership in the boardroom, tools boards can apply immediately to address the challenges and opportunities posed by rapid technological advances, including AI, clean energy, robotics, and quantum computing.

“The rapid pace of change and rising trust concerns are complicating board governance around transformative technologies. This year’s NACD Blue Ribbon Commission Report highlights critical risks for boards: irrelevancy, compressed timelines, innovation versus expertise, stakeholder trust, and fragmented regulation,” said Nora Denzel, co-chair of the NACD Blue Ribbon Commission. “Boards must strengthen oversight, deepen insight and develop foresight along with adopting a strategy-centered approach that balances risk and opportunity.”

Boards can enhance their technology governance not through a dramatic overhaul of their own workings, but by adapting their fundamentals, including their structure, composition, agenda setting and reporting metrics. The 2024 Blue Ribbon Commission encourages boards to implement the recommended actions in this report, regardless of their maturity level, to improve technology governance. Directors are urged to adopt a “learn-it-all” mindset.

“While many companies are managing the risks of macro-level uncertainty, the biggest technology risk now is failing to adopt emerging technology. To make informed decisions for the future, we must challenge management’s core assumptions about customers, competitors, and our own capabilities,” said David Kenny, co-chair of the NACD Blue Ribbon Commission. “Boards face a tough balancing act: they need to encourage management to innovate quickly while also acting as a steward of hard-earned trust with both customers and shareholders.”

The report toolkits include contributions from NACD, KPMG, Russell Reynolds Associates, Pearl Meyer and Sidley Austin LLP.  An executive overview of the Report is available here (LINK).

NACD President and CEO Peter Gleason added, “This report is a continuation of NACD’s deep expertise in technology, including AI and cybersecurity. It provides a practical blueprint with detailed recommendations focused on three core imperatives, along with a toolkit to support implementation. This moment demands greater technology focus and strategic leadership from every director.”

More information on all the 2024 Commissioners can be found on the Blue Ribbon Commission website.

10 Recommendations for Technology Leadership in the Boardroom

Strengthen Oversight

Upgrade board structures for technology governance.Clearly define the board’s role in data oversight.Define decision-making authorities for technology at board and management levels.Ensure trustworthy technology use by aligning it with the organization’s purpose and values.

Deepen Insight

Establish and maintain necessary technology proficiency among the board.Evaluate director and board technology proficiency.Ensure appropriate and clear metrics for technology oversight.

Develop Foresight

Recognize technology as a core element of long-term strategy.Design board calendars and agendas to ensure appropriate focus on forward-looking discussions.Enable exploratory board and management technology discussions.

About NACD
The National Association of Corporate Directors® (NACD®) is the leading member organization for corporate directors who want to expand their knowledge, grow their network and maximize their potential. For more than 47 years, NACD has helped boards and the business community elevate their performance and create long-term value. Our leadership continues to raise standards of excellence and advance board effectiveness at thousands of member companies.

NACD’s value insights, professional development events and resources, such as the NACD Directors Summit™ and the NACD Directorship Certification® program, support boards in navigating complex challenges. With a growing network of more than 24,000 members across more than 20 Chapters, boards are better equipped to make well-informed decisions on the critical, strategic issues facing their businesses today. Learn more at www.nacdonline.org.    

Press Contacts
Shannon Bernauer
NACD
sbernauer@nacdonline.org
571-367-3688

Jackie Hart
G&S Business Communications
Jhart@gscommunications.com
929-390-5431

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SOURCE National Association of Corporate Directors

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Melody Party Offers Over 20,000 Songs and Adds More Than a Thousand New Tracks Monthly, Enhancing Its Online Karaoke Experience

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October 27, 2026

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SEOUL, South Korea, Oct. 27, 2026 /PRNewswire/ — Melody Party is a music social app featuring a variety of activities, including Mic Grab, Artist Mafia, and Singing Battle. Through its online karaoke feature, SING A SONG, the app brings the traditional karaoke experience online, removing time and location constraints and offering a music experience that combines real-time singing with social interaction.

SING A SONG features an extensive library of more than 20,000 songs, with over a thousand new songs added every month. Its diverse selection includes popular K-pop tracks, classic Korean songs, and karaoke favorites. The feature offers a free-use model, allowing users to start singing their chosen songs without paying a separate fee. This helps reduce the time and cost associated with visiting traditional coin-operated karaoke venues, making it easier to enjoy singing as part of everyday life.

In terms of functionality, SING A SONG supports pitch adjustment and independent volume controls for vocals and accompaniment, allowing users to customize their singing experience according to their preferences. Users can also create online karaoke rooms, invite friends to sing together in real time, and enjoy voice chat and social interaction.

By continuously expanding its song library and offering diverse music-based interactive experiences, Melody Party continues to strengthen its music ecosystem. Through SING A SONG, the platform aims to create an accessible, highly interactive online music social space.

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SOURCE Melody Party

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Drawing new strength from 20-year legacy, IAACA calls on global counterparts to join annual conference to fortify integrity

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October 27, 2026

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MARRAKECH, Morocco, Oct. 27, 2026 /PRNewswire/ — The International Association of Anti-Corruption Authorities (IAACA), an independent and non-political anti-corruption organisation with over 190 member anti-corruption authorities (ACAs) worldwide, will co-host IAACA Annual Conference 2026 in Marrakech, Morocco next month together with the Independent Commission Against Corruption of Hong Kong, China (ICAC) and the National Authority for Probity, Prevention and Fight Against Corruption of Morocco (INPPLC) to chart a path for the global graft fight and explore cutting-edge approaches to tackle emerging corruption challenges.

Themed “Building on 20 Years of Legacy: Drawing Strength from the Past, Guarding Global Integrity for the Future”, the international event will not only mark the 20th anniversary of the IAACA, but also provide a dynamic forum for IAACA members to exchange insights and enhance co-operation.

Calling on international counterparts to participate in the conference scheduled for November 25, IAACA President Mr Woo Ying-ming, who also serves as ICAC Commissioner, said that “As the IAACA marks its 20th anniversary, the conference will bring together global anti-corruption community at a pivotal moment for collective action. I anticipate that the valuable insights and new approaches generated through the international synergy will chart a resilient strategic path for us to navigate integrity risks and draw strength from our shared legacy to guard global integrity for generations to come.”

During the conference, renowned international experts from the United Nations Office on Drugs and Crime (UNODC), Basel Institute on Governance, the International Anti-Corruption Academy, and global anti-corruption and law enforcement agencies and institutions will shed light on harnessing artificial intelligence in the fight against corruption, safeguarding integrity within global climate and biodiversity frameworks and analysing global corruption measurement and systemic effectiveness.

Following the conference, the ICAC, the INPPLC, the IAACA and the UNODC will co-organise a training seminar on leveraging AI in combating corruption.

While the ICAC and INPPLC will share how AI and new technology can reshape the future of anti-graft enforcement and corruption prevention, the UNODC will provide a global perspective on using AI models in financial crime investigations and addressing the operational relevance, legal robustness and adaptability across jurisdictions.

For details of the conference and training, please visit:
https://www.icac.org.hk/icac/iaaca-morocco-2026/index.html

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SOURCE International Association of Anti-Corruption Authorities (IAACA)

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Viettel moves 100 million subscribers to home-grown cloud-native charging in three months – with zero downtime

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October 27, 2026

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HANOI, Vietnam, Oct. 27, 2026 /PRNewswire/ — Viettel High Technology Industries Corporation (Viettel High Tech), part of Viettel Group, has migrated more than 100 million subscribers and some 5,000 tariff plans at Viettel, Vietnam’s largest mobile operator, to vOCS 4.0, its in-house cloud-native charging system. The three-month cutover ran on a live national network with no service disruption.

Replacing a charging system is one of the riskiest projects an operator can undertake, which is why many stick with legacy platforms. Viettel High Tech reduced the risk through real-time data synchronization, parallel running and a phased cutover, with instant rollback at every stage.

The project won the Telecom Review Excellence Awards 2026 prize for Best Technology Deployment in Asia, a first for a Vietnamese company.

What it means for operators:

Scale: more than 300,000 transactions per second at latency below 5 milliseconds, across 2G–5G and fixed services on one platformLower cost: up to 50% less hardware investment than the previous generation, by sharing infrastructure with the networkAgility: new tariff plans in hours instead of days, new features three times faster and deployments about 30% fasterResilience: two active data centers about 2,000 km apart and automatic recovery in under two minutes

Viettel High Tech developed every core layer in-house, from a telecom-grade cloud-native platform and NFV-MANO orchestration to real-time charging, subscriber and balance management.

“Passing rigorous tests of real-time self-diagnosis and self-recovery is what allows an operator to keep its promise of 24/7 service to customers,” said Luu Manh Ha, CEO of Viettel Networks, which operates the system on Viettel’s network in Vietnam. “Above all, owning the charging system means an operator is not dependent on foreign vendors – it safeguards digital sovereignty and preserves business flexibility.”

“The charging system is where an operator’s business strategy turns into revenue in real time,” said Nguyen Minh Quang, CEO of Viettel High Tech. “We believe vOCS 4.0 is ready to help operators worldwide capture the value of 5G and digital services.”

In 2017, vOCS 4.0’s predecessor, vOCS 3.0, replaced a foreign vendor’s platform for 90 million Viettel subscribers. Across both generations, vOCS serves more than 220 million subscribers in 11 countries. Viettel High Tech now offers vOCS 4.0 to operators worldwide.

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SOURCE Viettel Group

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