Internet Initiative Japan H1 Profit Climbs, Lifts FY21 Forecast, Dividend View; Stock Up

(RTTNews) – Internet Initiative Japan Inc. or IIJ (IIJIY), an Internet related network services provider, reported Monday that its first-half profit attributable to owners of the parent grew 57.7 percent to 43.8 percent to 2.77 billion Japanese yen from last year’s 1.76 billion yen.

Operating profit climbed 56.3 percent year-over-year to 5.24 billion yen.

Total revenues increased 2.5 percent to 101.67 billion yen from 99.22 billion yen a year ago.

Looking ahead for fiscal year ending March 31, 2021, the company now projects attributable profit of 6.1 billion yen, up 52.2 percent from last year, operating profit of 11.3 billion yen, up 37.4 percent from last year, and revenues of 212 billion yen, up 3.7 percent from the prior year.

The company previously expected attributable profit of 5 billion yen, operating profit of 8.70 billion yen, and revenues of 210 billion yen.

Eijiro Katsu, COO and President of IIJ., said,

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Budget 2021: PTPTN borrowers laud computer loan initiative

IPOH: National Higher Education Fund Corporation (PTPTN) borrowers are happy that loans to buy computers are now available for students as announced in Budget 2021.

Student Muhammad Muhiran Ramli, 20, said he was glad he would be able to buy a new notebook as his current machine was in bad shape.

“I had to seek help from my relatives to buy a notebook before because I could not afford one.

“Many students are borrowing notebooks to do their work,” he said, adding that some were relying on computers provided on campus.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, when tabling Budget 2021 on Friday (Nov 6), announced an RM100mil allocation for the BSN MyRinggit-i Comsis scheme.

Muhammad Muhiran, however, was concerned about the terms and conditions for the scheme.

“My friends and I are also unsure if all applications will be accepted and the requirements to be eligible for

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Uber, Lyft Shares Surge As California Passes Ballot Initiative on Driver and Delivery Worker Independence

a close up of a car: Uber, Lyft Shares Surge As California Passes Ballot Initiative on Driver and Delivery Worker Independence

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Uber, Lyft Shares Surge As California Passes Ballot Initiative on Driver and Delivery Worker Independence

Uber Technologies shares surged higher Wednesday, as did its ride-sharing rival Lyft Inc. , as early indications from a ballot initiative in California suggest the two companies can continue to treat their drivers as independent contractors.

California voters look to have passed Proposition 22, the most expensive ballot initiative in the state’s history, by a 58% to 42% margin Wednesday, enabling Uber, Lyft and other so-called ‘gig economy’ companies to allow drivers and delivery workers to set their own hours. Passing Proposition 22 will override a 2019 law that classified the drivers as employees of the San Francisco companies.

The win also relieves the burden of offering healthcare, unemployment insurance and minimum wage salaries from gig economy companies, who had argued such cost would lead to job cuts and price increases.


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Atlantic Broadband Is the First Internet Provider to Connect Customers Under the State’s “Everybody Learns” Initiative

Program supports remote learning solutions for homes without internet

Atlantic Broadband, the nation’s eighth-largest cable operator, today announced it was the first internet provider in Connecticut to deliver broadband internet to households with school-aged children to support remote learning under the State’s “Everybody Learns” initiative.

In July, Governor Ned Lamont launched the “Everybody Learns” initiative to close the digital divide in Connecticut and empower students to learn from home. The Connecticut State Department of Education (CSDE) allocated state-level funding from the CARES Act and portions of the Governor’s Emergency Education Relief (GEER) Fund to support the initiative.

“The CSDE is committed to realizing the Governor’s vision and ensuring that neither a device nor internet connectivity is a barrier to student learning,” said Ajit Gopalakrishnan, Chief Performance Officer.

Since the initiative was announced, the state has been coordinating with internet providers and school districts to ensure students receive the computers and

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REVOLT Relaunches Sean “Diddy” Combs’ VOTE or DIE! Initiative Leading Up To Election Day, With Town Hall Meetings, Programming And Merchandise

LOS ANGELES, Oct. 14, 2020 /PRNewswire/ — Approaching this year’s General Election on November 3rd, REVOLT has relaunched Sean “Diddy” Combs’ widely popular VOTE or DIE! initiative, to rally the next generation of leaders to exercise their right to vote in this critical election.

As we face a pivotal turning point in our nation’s history, being politically active means more than selecting a President; it symbolizes your right to take action now. REVOLT recognizes “Vote or Die” is relevant now, more than ever.

To jumpstart the campaign, REVOLT hosted a State of Emergency: Election Day and Black America town hall, presented by Cash App and moderated by American television host, Eboni K. Williams, to alert citizens about the current happenings in Black America as we prepare to engage in the general election. Guests included Kerry Washington, Cordae, Tamika Mallory, Vic Mensa, Dr. Cornell West, Jeff Johnson, Kimberly Jones, Mysonne, Tezlyn

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