TYLER, Texas, April 06, 2021 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the holding company of Southside Bank (the “Bank”), has announced the opening of a new location at 1800 Post Oak Blvd., Ste. 300. The office is scheduled to open on April 12, 2021, and will primarily serve the commercial loan market in the Houston area. Commercial lending officers Adam Gonzalez, Liela Raglin and Alice Yang will office at the Post Oak location in Uptown Houston. Collectively, the team brings years of lending experience and knowledge as well as extensive involvement in the community. “We are excited to open this location and grow the Bank’s presence in the Houston region,” said Lee R. Gibson, President and Chief Executive Officer of Southside Bancshares, Inc. “Our experienced team of locally established lenders is committed to providing lending solutions that meet the needs of our customers and the greater Houston area.” The new office expands the Bank’s footprint in the Houston region. Southside has operated a retail branch inside the Kingwood H-E-B grocery store at 19529 Northpark Drive since 2019. About Southside Bancshares, Inc. Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $7.01 billion in assets as of December 31, 2020. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 54 branches and a network of 76 ATMs/ITMs throughout East Texas, Southeast Texas and the greater Dallas/Fort Worth, Austin and Houston areas. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services. To learn more about Southside Bancshares, Inc., please visit our investor relations website at https://investors.southside.com. Our investor relations site provides a detailed overview of our activities, financial information and historical stock price data. To receive e-mail notification of company news, events and stock activity, please register on the E-mail Notification portion of the website. Questions or comments may be directed to Lindsey Bailes at (903) 630-7965 or email@example.com. Forward-Looking Statements Certain statements of other than historical fact that are contained in this press release may be considered to be “forward-looking statements” within the meaning of and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. These statements may include words such as “expect,” “estimate,” “project,” “anticipate,” “appear,” “believe,” “could,” “should,” “may,” “might,” “will,” “would,” “seek,” “intend,” “probability,” “risk,” “goal,” “target,” “objective,” “plans,” “potential,” and similar expressions. Forward-looking statements are statements with respect to our beliefs, plans, expectations, objectives, goals, anticipations, assumptions, estimates, intentions and future performance and are subject to significant known and unknown risks and uncertainties, which could cause our actual results to differ materially from the results discussed in the forward-looking statements. For example, discussions about trends in asset quality and earnings from growth, and certain market risk disclosures are based upon information presently available to management and are dependent on choices about key model characteristics and assumptions and are subject to various limitations. By their nature, certain of the market risk disclosures are only estimates and could be materially different from what actually occurs in the future. Accordingly, our results could materially differ from those that have been estimated. The most recent factor that could cause future results to differ materially from those anticipated by our forward-looking statements include the negative impact of the COVID-19 pandemic on our business, financial position, operations and prospects, including our ability to continue our business activities in certain communities we serve, the duration of the pandemic and its continued effects on financial markets, a reduction in financial transaction and business activities resulting in decreased deposits and reduced loan originations, increases in unemployment rates impacting our borrowers’ ability to repay their loans, our ability to manage liquidity in a rapidly changing and unpredictable market, additional interest rate changes by the Federal Reserve and other government actions in response to the pandemic including additional quarantines, regulations or laws enacted to counter the effects of the COVID-19 pandemic on the economy. Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, under “Part I – Item 1. Forward Looking Information” and “Part I – Item 1A. Risk Factors,” and in the Company’s other filings with the Securities and Exchange Commission. The Company disclaims any obligation to update any factors or to announce publicly the result of revisions to any of the forward-looking statements included herein to reflect future events or developments. Media Contact: Ashley Fettig | 903.531.7158 | firstname.lastname@example.org
WhatsApp rolls out new business directory to promote e-commerce – Geo News
Can’t connect right now!
Wednesday Sep 15, 2021
- Instant messaging platform announces the business directory to quickly find local businesses within WhatsApp.
- This feature may not be available to some right now, but it will be rolled out for more people later, writes WABetainfo.
- This can be…the primary way that people start a commerce process in WhatsApp, says Matt Idema.
Instant messaging platform WhatsApp has announced the business directory to quickly find local businesses within WhatsApp, WABetainfo reported Wednesday.
“This feature may not be available to you right now, but it will be rolled out for more people later,” WABetainfo wrote.
In order to bolster e-commerce on its services, a new test has been rolled out which allows users to find shops and services through a directory in the app.
“This could be…the primary way that people start a commerce process in WhatsApp,” Matt Idema, Facebook’s vice president of business messaging, said in an interview with Reuters this week.
WhatsApp, unlike Facebook and Instagram, does not run ads in its app. Idema said previously businesses were promoting their WhatsApp numbers on packaging or websites or using Facebook ads to bring users into chats on WhatsApp.
The messaging service has increasingly courted business users, with a specialised app for small firms and an API, or type of software interface, for larger businesses to connect their systems, which generates revenue.
As online retail has continued to boom during the COVID-19 pandemic, Facebook has pushed in-app shopping features across its apps. In June, Zuckerberg announced Facebook’s Shops feature would expand to WhatsApp in several countries. In recent years, WhatsApp also has also launched shopping tools like product catalogues and shopping carts.
WhatsApp said the new test would include thousands of businesses in categories like food, retail and local services across certain São Paulo neighbourhoods. Idema said India and Indonesia were good next candidates to expand the feature.
The company, which has faced user backlash amid confusion over privacy updates and was fined by the Irish data protection regulator over privacy breaches, said it will not know or store the location of people’s search or results through the new directory feature.
Idema did not rule out the possibility that WhatsApp could introduce in-app ads in the future.
“There’s definitely a route on ads, which is Facebook’s core business model, that over the long term I think in some form or another will be part of the business model for WhatsApp,” he said. WhatsApp says about one million advertisers currently use Facebook and Instagram’s ‘click to WhatsApp’ ads to send users to the messaging app.
Idema said WhatsApp, which Facebook bought for $19 billion in a landmark 2014 deal but which has been slow to monetise its features, was also excited about non-ad models like building software to help businesses to manage their services across Facebook’s apps.
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iPhone 13 Pro Offers Significantly Improved GPU Performance Compared to iPhone 12 Pro – MacRumors
Just a day after the iPhone 13 models were announced by Apple, the first Geekbench score has already surfaced. Someone has benchmarked the GPU performance of the iPhone 13 Pro, and there’s a significant performance increase compared to the prior-generation iPhone 12 Pro.
The iPhone 13 Pro, or iPhone14,2, earned a Metal score of 14216, a 55 percent increase compared to the 9123 Metal score earned by the iPhone 12 Pro.
Apple’s iPhone 13 models feature an A15 chip with 6 CPU cores, including two performance cores and four efficiency cores. Both the iPhone 13 and iPhone 13 Pro devices have the same CPU, but there are differences when it comes to GPU. The iPhone 13 and 13 mini are equipped with a 4-core GPU, while the higher-end iPhone 13 Pro and iPhone 13 Pro Max have a 5-core GPU.
Apple has called the A15 chip with the 5-core GPU in the Pro models the “world’s fastest smartphone chip,” and says that it delivers “up to 50% faster graphics performance than any other smartphone chip.” Given the difference demonstrated in Metal scores, that appears to be accurate, with the A15 in the Pro models outperforming the A14. The benchmark also confirms that the Pro models feature 6GB RAM as was already seen in Xcode. The iPhone 13 and 13 mini have 4GB RAM.
No one has benchmarked one of the standard iPhone 13 models so we don’t know how they compare to the prior-generation A14, nor do we have a benchmark of the CPU to compare CPU performance between the A14 and A15. Apple has said little about the A15’s CPU, and rather than comparing it to the A14, Apple instead pointed out that it’s “up to 50% faster” than the competition.
The iPad mini has the same A15 chip with 5-core GPU that’s in the iPhone 13 Pro models, so we can expect the same graphics performance from Apple’s updated tablet.
With the iPhone 13 lineup set to launch next week and soon to be in the hands of reviewers, we won’t have to wait too much longer to get additional benchmarks of the A15 that will give us more insight into its overall performance. The new iPhones are set to be available for pre-order on Friday, September 17 at 5:00 a.m. Pacific Time.
Toronto lab uncovers spyware flaw in Apple devices prompting security update for users worldwide – CTV News Toronto
The latest iOS update is an urgent and important one for every Apple user worldwide whether they have a phone, computer or watch.
The tech giant has issued a security patch after Citizen Lab, based at the University of Toronto, uncovered a concerning flaw.
“That feels pretty good. That said, it’s also sobering because it highlights the sophistication of the problem we’re looking at,” John Scott-Railton, senior researcher at the lab, told CTV News Toronto Tuesday.
He said the team discovered a technique allowing spyware to access devices through what’s called the zero-click exploit, which allows someone to remotely hack and infect a device without the owner ever clicking on a link or ever knowing.
Researchers believe the spyware was developed by NSO Group, an Israeli technology firm, with products for governments to prevent crime and terror. Citizen Lab said they picked up on it while a Saudi activist was being targeted.
Researchers also say Apple had no idea about the flaw which means the company had to act right away.
“Today, the targets appear to be people like activists and other high value people. That said, there is nothing to prevent this company from doing what they want to do tomorrow, which is sell it to local governments and local police. That’s a pretty scary thought because we know there are problems with oversight,” Scott-Railton said.
Citizen Lab has been analyzing these types of digital threats from Toronto for years and has local students help with some of its projects.
“Make sure to update your phones but also remember what this update means. This means there is an industry out there that is unaccountable and finding ways to hack any phone in the world without any action on your part,” Scott-Railton said.
He warns while this flaw was caught, those behind the zero-click exploit are increasingly making the technology more sophisticated and dangerous.
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