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K-2 Ventures Advises Mark Two Engineering on Its Sale to CORE Industrial Partners – Business Wire

MIAMI--(BUSINESS WIRE)--K-2 Venture Partners (K-2 Ventures or K-2) served as the exclusive financial advisor to Mark Two Engineering, LLC (Mark Two), a medical device manufacturer, in its sale to Incodema Holdings LLC (Incodema), a portfolio company of CORE Industrial Partners (CORE), a Chicago-based private equity firm.

Mark Two specializes in complex high-precision machining and manufacturing for established medical device OEMs. The company provides components, surgical equipment, and implant systems across multiple product platforms through a full suite of modern CNC technologies and equipment.

Cheryl Box, President of Mark Two, said, Not only did K-2 provide us with excellent guidance and representation on this exciting transaction, but they also positioned us well for the sale through their ongoing consulting throughout the year. K-2s significant small business experience combined with their hands-on involvement with the Mark Two team helped us to grow the company and increase its worth. Its difficult to imagine completing this transaction without their support and execution.

Mark Kacer, Managing Partner of K-2, said, It was a pleasure to work with Mark Twos talented team towards enhancing the companys capabilities, performance, and results, ultimately realizing that value through the sale to Incodema. Further, we were pleased to have helped Mark Two achieve record sales and earnings, despite the challenges of the global pandemic.

Kevin Kacer, Vice President of K-2, added, We are confident that Mark Twos technical capabilities and their consistent product quality will bring significant value to Incodema and its operations. We look forward to other similar opportunities in which K-2 can help small business owners execute their strategies successfully.

This transaction marks a milestone in the momentum of K-2s M&A advisory services for lower middle-market businesses and is representative of the firms effective transactional and operational guidance along with its commitment to its clients long-term sustainable success.

Nason, Yeager, Gerson, Harris & Fumero, P.A. provided legal representation to Mark Two while Winston & Strawn LLP provided legal representation to CORE in the transaction.

For additional details on the transaction, please contact Kevin Kacer by phone at 843-666-4818 or by email at kkacer@k-2ventures.com.

About K-2 Ventures

K-2 Ventures is a South Florida-based boutique M&A firm offering investment banking services, consulting, and private equity investing. Founded by Mark Kacer and Kevin Kacer in 2019, K-2 is focused on partnering with small to mid-sized businesses, respecting the values and vision of the management team to help each company reach its peak. For more information, visit http://www.k-2ventures.com.

About Mark Two Engineering

Founded in 1996, Mark Two is a contract manufacturing firm that specializes in complex high-precision component machining for the medical device industry. Headquartered in Miami Lakes, FL, Mark Two is ISO 9001 certified, ISO 13485 certified and FDA registered. For more information, visit http://www.marktwo.com.

About CORE Industrial Partners

CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle-market manufacturing and industrial technology businesses. COREs team is comprised of highly experienced former CEOs and investment professionals with shared beliefs, deep experience, and a proven track record of building market-leading businesses. Through our capital, insight, and operational expertise, CORE partners with management teams and strives to build best-in-class companies with lasting results. For more information, visit http://www.coreipfund.com.

About Incodema Holdings

Incodema Holdings (Incodema) is a leading provider of precision machining and sheet metal cutting and forming solutions, including laser, micro waterjet, specialty stamping, multislide, welding and photo chemical etching, across numerous end markets, including electronics, aerospace and defense, medical and industrials, among others. Headquartered in Ithaca, New York, with additional facilities in Newark, New York, Minneapolis, Minnesota, and Denver, Colorado, Incodema holds certifications and compliance designations including AS9100 Rev. D, ISO 9001 and ITAR. For more information, visit http://www.incodema.com.

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ST Engineering Launches Anti-Microbial Solution Approved for Use in Cabin Interiors – AviationPros.com

ST Engineering has launched Plasma ResoShield, an industry-first anti-microbial coating solution with fusion resonance technology that fully meets aviation requirements. The technology is able to neutralize pathogens before they land on surfaces coated with Plasma ResoShield, and its innovative neutralizing capability also promises high-impact protection lasting up to a year upon application.

ST Engineering is the first to bring to the aviation industry a cabin interior anti-microbial solution that incorporates fusion resonance technology, giving more options to operators looking to disinfect and keep their cabin interiors safe through a robust and lasting solution. Apart from being non-corrosive, non-flammable and non-toxic, Plasma ResoShield has anti-bacterial and deodorizing properties that help to improve the cabin air quality for a more pleasant flight.

The COVID-19 pandemic has changed how we view and manage air travel, said Ling Meng Geah, head, programme office, cabin interiors, ST Engineering. We are committed to using our aviation and certification expertise to work with our airline customers and industry partners to help increase passengers confidence and comfort in flying. The launch of Plasma ResoShield is one such example of using innovative and enduring cabin interior solutions to enhance flying experience and safety.

ST Engineering had worked with partners to carry out extensive product testing over a period of six months to demonstrate the solutions anti-microbial efficacy and durability. Based on ASTM E-1053, an accredited standard of testing, Plasma ResoShield is proven to kill up to 99.99 percent of the SARS-CoV-2 virus.

To ensure that the solution meets specific and stringent aviation requirements, ST Engineering also ran a comprehensive list of airworthiness and certification tests on Plasma ResoShield, which has been tested and approved for use in aircraft cabin interiors under European Union Aviation Safety Agency (EASA) design organization approval.

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SIA Engineering ekes out small profit in third quarter – Flightglobal

SIA Engineering (SIAEC) swung briefly back into the black in its third-quarter earnings, warning that the glacial pace of global air travel recovery is punishing its profitability.

For the three months ended 31 December, the MRO unit of flag carrier Singapore Airlines reported an operating profit of S$1.1 million ($827,000), a 93% drop year on year.

The company notes that the Singapore governments wage support schemes have gone some way to cushion the impact from the coronavirus pandemic without it, it discloses that it would have recorded a loss of nearly S$45 million.

Revenue for the period fell 59% year on year to S$105 million, as reduced flying activity meant a reduced work volume. SIAEC discloses that the number of flights handled by its line maintenance unit during the quarter was nearly 80% lower year on year, but about 3% higher compared to the previous quarter.

The reduction in flying hours and lower work volume continued to impact on the fleet management business as well as our engine and component joint venture companies, states SIAEC.

Expenses, meanwhile, decreased 56% year on year to S$132 million. The company states that even with governmental support and cost measures in place, the fall in expenses could not fully offset the reduction in revenue.

SIAEC reported a net profit of S$7.7 million for the quarter, about 86% lower year on year.

On a nine-month basis, SIAEC slipped into the red, recording an operating loss of S$26.1 million, and a net loss of S$11.3 million.

SIAEC, which recently rolled out the second phase of its business transformation efforts, says it will continue to prudently [manage] our cashflow and expenditure during the period.

It adds: We will continue to closely review the rationalisation of our portfolio of joint ventures and subsidiaries in the current environment, and concurrently explore new investment opportunities for capability expansion.

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Quantum Physics Story Helgoland to Be Adapted by Fremantles The Apartment, CAM Film (EXCLUSIVE) – Variety

Italys CAM Film and Fremantles The Apartment have teamed up to acquire rights to bestselling Italian author Carlo Rovellis Helgoland, an origin story about quantum physics, with plans to turn the book into a high-end TV series.

A bestseller in Italy, Helgoland will soon be published in the U.K. and elsewhere around world. Itsthe story of quantum physics, the theory that has given rise to modern technology the computer chip, for one and atomic energy, but also to philosophical considerations and a new understanding of how just about everything works.

Rovellis previous books, Seven Brief Lessons on Physics, Reality Is Not What it Seems and The Order of Time are all international bestsellers, translated into 41 languages. He is a theoretical physicist who has worked in Italy and the U.S.

In June 1925, 23-year-old Werner Heisenberg, suffering from hay fever, retreated to a treeless, wind-battered island in the North Sea called Helgoland, reads the Helgoland blurb on the website for Penguin U.K., which will be releasing the book in March.

It was on this island that Heisenberg came up with the key insight behind quantum mechanics. Helgoland is thus the story of quantum physics and its bright young founders who were to become some of the most famous Nobel winners, according to promotional materials from Fremantle, which also called the tale a celebration of a youthful rebellion and intellectual revolution.

Today more than ever, we are living a life where our most simple and everyday actions are reflections of an unconditional trust in science, The Apartment chief Lorenzo Mieli told Variety. We therefore think its especially urgent and necessary to tackle this project at this particular moment in history.

Mieli, who is the producer of shows such as The New Pope, My Brilliant Friend and Paolo Sorrentinos upcoming The Hand of God, went on to note that through Rovellis solid and passionate book, we want to tell the human adventure of an extraordinary generation of scientists who changed modern thought forever, and not just from a scientific standpoint.

CAM Film is a Rome outfit headed by veteran producer Camilla Nesbitt, whose recent credits include Milan fashion world series Made in Italy, now streaming on Amazon in Italy, and upcoming French comedy Irreductible by Jerome Commandeur.

I am thrilled to start this extraordinary new adventure to bring on the screen all the emotion of scientific thought that only a great scientist and writer such as Carlo Rovelli could convey in a book, she said in a statement.

No screenwriters or other talent are yet attached to the project, which producers are shopping to streamers and broadcasters.

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29 Scientists Came Together in the "Most Intelligent Photo" Ever Taken – My Modern Met

The Fifth Solvay Conference on Quantum Mechanics in 1927, Brussels. Photo by Benjamin Couprie. From back row to front, reading left to right: Auguste Piccard, mile Henriot, Paul Ehrenfest, douard Herzen, Thophile de Donder, Erwin Schrdinger, Jules-mile Verschaffelt, Wolfgang Pauli, Werner Heisenberg, Ralph Howard Fowler, Lon Brillouin, Peter Debye, Martin Knudsen, William Lawrence Bragg, Hendrik Anthony Kramers, Paul Dirac, Arthur Compton, Louis de Broglie, Max Born, Niels Bohr, Irving Langmuir, Max Planck, Marie Skodowska Curie, Hendrik Lorentz, Albert Einstein, Paul Langevin, Charles-Eugne Guye, Charles Thomson Rees Wilson, Owen Willans Richardson. (Photo: Wikimedia Commons [Public domain])

While the fifth Solvay Conference is the most well known, this prestigious intellectual gathering was first held in 1911 with the theme of Radiation and the Quanta. A young Albert Einstein was in attendance, as was Max Planck, who discovered the energy quanta being discussed. Mathematician and physicist Henri Poincar was also presentknown as the last universalist for being a leader across multiple disciplines before academic specialization began to make that impossible.

The only woman in attendance in 1911 was Marie Curie, the legendary researcher of radioactivity. Curie was already exceptionally accomplished, having won her first Nobel Prize in Physics (shared with her husband and a colleague) in 1903the first time the Prize was awarded to a woman. In 1911the year of the first Solvay ConferenceCurie won her second Nobel Prize, this time on her own and in Chemistry. She was the first person to win the prize twice, and she remains the only person to ever receive a prize in two scientific disciplines.

Despite Madame Curies' accomplishments, women were incredibly rare in STEM in the early 20th century. As a result, even in 1927, Curie was once more the only woman at the Fifth Solvay Conference. Einstein and Planck returned. They were joined by Niels Bohr, Werner Heisenberg, Max Born, and Erwin Schrdingerall of whom were pioneers of the new quantum mechanics which drew upon Planck's quanta and other discoveries of how the universe functions on an atomic level.

Of the 29 scientists at the conference, 17 would win Nobel prizes in their lifetime. Virtually all would hold university chairs teaching the new theories which were changing the world from one Newton could explain to an entirely new realm of energy, wave-particle duality, and uncertainty. Captured on one day in October, the Salvoy Conference photo shows 29 of the greatest minds of the 20th century taking a brief break from the long process of defining the universe.

First Solvay Conference in 1911, Brussels. Photo by Benjamin Couprie. Seated (left to right): Walther Nernst, Marcel Brillouin, Ernest Solvay, Hendrik Lorentz, Emil Warburg, Jean Baptiste Perrin, Wilhelm Wien, Marie Skodowska-Curie, and Henri Poincar.Standing (left to right): Robert Goldschmidt, Max Planck, Heinrich Rubens, Arnold Sommerfeld, Frederick Lindemann, Maurice de Broglie, Martin Knudsen, Friedrich Hasenhrl, Georges Hostelet, Edouard Herzen, James Hopwood Jeans, Ernest Rutherford, Heike Kamerlingh Onnes, Albert Einstein, and Paul Langevin. (Photo: Wikimedia Commons [Public domain])

Neils Bohr, winner of the Nobel Prize in Physics in 1922 for his work on atoms and their radiation. He developed the Bohr model to describe electrons, their charges, and how they move between orbits. (Photo: Wikimedia Commons [Public domain])

Marie Curie, two-time Nobel Laureate in Physics and Chemistry respectively. Curie was the first female professor at the University of Paris. Photo by Henri manuel circa 1920. (Photo: Wikimedi Commons [Public domain])

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Silence your stoner friends with this video of a room entirely constructed out of mirrors – The A.V. Club

We all have (or are) that one stoner friendthe lovable pal who habitually smokes an impressive amount of weed and often shares said weed with you, but only on the condition you listen to their misinformed theories on the latest quantum physics news they read on Google Digest.

It can be a bit much sometimes, which is why this new episode of The Action Lab, chemical engineer James J. Orgills ongoing Science FTW! YouTube series, does us all a solid by providing a novel distraction to silence your annoying stoner friends once and for all. Who under the influence can resist the identity-questioning lure of a mirror-encased room? So trippy, man!

Check out the video of its construction, along with some interesting factoids about light, mathematics, the nature of infinity itself.

Theres a lot of interesting info to process in Orgills video, assuming you didnt need to pause it early and lay down from vertigo. Take mirrors reflective limits, for example: If you suddenly turned off the rooms light source, surely a delay would show up somewhere along the seemingly endless line of reflections (thus briefly offsetting the inevitable existential dread that comes from standing in a room of infinite darkness), right?

Nope. The speed of a cameras light travels at, uh, the speed of light, or roughly 300,000 km/second. Since mirrors reflect a paltry 95% of light (step it up, mirrors!) one can only really see about 15-16 reflections in Orgills room, which is extremely far from the number necessary to begin seeing any kind of delay in light.

Theres also a brief explanation given on the mathematical phenomenon known as Gabriels Horn where an objects volume is finite, but its surface area is infinite. Neat stuff, but, after Orgill filled the mirror room with smoke and laser pointers, all we can think about is returning to our Dark Side of the Moon-in-reverse listening session.

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Valuable contributor to society – The Tribune India

Tibetan spiritual leaderThe Dalai Lama

On the 140th anniversary of the founding of The Tribune, I am glad to have this opportunity to share some of my thoughts with your readers. I am pleased to learn that the newspaper was established because its founder understood the importance of educating the Indian community and saw the role that education could play in sustaining a sense of national identity when India was under British rule.

I generally say that the media plays an important part in ensuring that people can see every development in society from a broader perspective. I have even jokingly said on occasion that those in the media should have long noses like elephants, so that they can smell, and then expose, both the good and the bad.

Yet, while doing its job, the media should always be honest and fair, and remain unbiased in its news reporting. The fact that this newspaper has been in existence since 1881 is an indication that it is making a valuable contribution to society.

As the longest staying guest of India, I have been able to observe developments in this country quite closely. It is admirable that India has, in general, been able to maintain her robust democratic stability since Independence.

It is also wonderful that the country, despite many challenges, is growing at a rapid rate. There is, however, one area in which I would like, if I may, to offer some encouragement. That is in reviving interest in Indias ancient wisdom, especially in relation to such principles as ahimsa and karuna, non-violence and compassion. If we can develop such values, we can make a tremendous contribution not just to India but also to the entire world.

Over 61 years ago, I had to leave my homeland of Tibet to seek shelter and freedom in India. Since then, I have had the chance to interact with religious leaders, scholars and scientists from around the world. As I have a strong personal interest in quantum physics, I have particularly enjoyed my discussions with scientists in that field, including Indias own Dr Raja Ramanna. It was he who once explained to me that though quantum physics is comparatively new in the West, the science behind it corresponds closely to what Indian Buddhist master Nagarjuna was writing about centuries ago. Even in the modern world, ancient wisdom has much to offer.

After Buddhism came to Tibet in the seventh century, we were able to preserve it even while it was declining in India. The religious aspects of Buddhism may be of relevance only to Buddhists, but I really feel that Buddhist science-including the science of mind-and Buddhist culture (based around compassion and non-violence) can be of great importance to the whole world, and even to those who do not practise Buddhism or follow any religion.

When we arrived here in 1959, the Indian government generously provided us with the space in which to train Tibetan students of all ages, and also several thousand Tibetan monks. Through them we have kept alive what is essentially ancient Indian wisdom and continued a tradition that is more than a thousand years old.

We Tibetans and I personally are profoundly grateful to India for not only coming to our aid during our current crisis, but also for providing us with spiritual knowledge that has benefited our people greatly over several centuries. I am convinced that the rich ancient Indian understanding of the workings of the mind and emotions, as well as Indian techniques of mental training, such as meditation, are of great relevance to todays world.

To share and sustain this great Indian tradition is my essential commitment, along with the promotion of human values, the promotion of religious harmony and the preservation of Tibetan culture.

Today, I invite my Indian brothers and sisters to join me in this effort. Since India has a long history of logic and reasoning, I am confident that its ancient knowledge, viewed from a secular perspective, can be combined with modern education. India is, in fact, unusually well-placed to promote this combination of ancient and modern forms of knowledge so that a more integrated and ethically grounded way of being in the world can be cultivated in the twenty-first century. In essence, there is the need for education of the brain as well as for the development of warm-heartedness.

People need such qualities as non-violence and compassion if they are to live happily together. These principles not only make logical sense, but are also of immediate practical benefit, whether you are a religious person or not. I have no doubt that if people paid more attention to compassion and non-violence in their day-to-day lives, the world would be a better place.

Just as many of us work to protect our physical hygiene, I believe we need to cultivate emotional hygiene. We must learn how to deal with anger, anxiety and fear and reduce them all. The key is learning how to cultivate peace of mind.

Ultimately, the source of peace and happiness is warm-heartedness. That is something within us. We cannot buy it or find it in a machine. We have to cultivate it inside ourselves. We must combine our intelligence with warm-heartedness. In that way, we can find happiness, for ourselves and for those around us.

I truly believe that India is the only country that can combine modern education with the ancient Indian understanding of the workings of the mind, and that the whole world urgently needs this. If we all work together, we can make a fresh Indian contribution to the welfare of the entire planet.

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A Zoom with a view: Wintersession offers a virtual journey from the kitchen to Hollywood – Princeton University

Princeton University President Christopher L. Eisgruber knows how to fry an egg.

President Christopher L. Eisgruber leads the online workshop "How to Fry an Egg: Simple Cooking for Fun, Friends and Yourself" during the University's inaugural Wintersession, a vibrant, virtual two-week experience featuring more than 300 workshops and events led by faculty, staff, students and alumni.

Photo by Pranav A. Avva, Class of 2024

On Jan. 26, working from his home kitchen, Eisgruber taught 13 undergraduates his culinary secrets during How to Fry an Egg: Simple Cooking for Fun, Friends and Yourself, a two-hour online workshop that was part of the Universitys inaugural Wintersession, held from Jan. 18-31.

It was great to see the students.I had fun, and I hope that they did, too, Eisgruber said. I have new admiration for anyone who leads a cooking class:its not easy to teach and mind a hot stove at the same time!"

The mission of Wintersession is to bring the Princeton University community together for a vibrant, two-week experience that offers unexpected, active and intriguing non-graded learning and growth opportunities, said Judy Jarvis, director of Wintersession and campus engagement.

From "Start Your Podcast Engine" and "Ukulele for Beginners" to the closing keynote, Beyond the Resume with Jonathan Van Ness the television personality, podcaster and celebrity hairstylist who stars on Netflixs series Queer Eye programming featured more than 300 workshops and events. Most sessions were led by members of the University community eager to share their skills and passions.

Nearly 70 hands-on workshops taught by Princeton, Trenton and Philadelphia artists and Campus Recreation fitness instructors were added in December to support returning students confined to their sleeping spaces during the arrival quarantine period.

Close to 2,700 students, faculty and staff registered for the wide range of the offerings with most students signing up for three or four events. Highlights included:

Tracy K. Smith (upper right), the Roger S. Berlind 52 Professor in the Humanities, professor of creative writing in the Lewis Center for the Arts and chair of the Lewis Center for the Arts, engages in a lively conversation with renowned poets Danez Smith (upper left) and Jericho Brown during one of 24 evening talks.

Photo courtesy of the Office of Wintersession and Campus Engagement

A series of 24 evening events included To Be Known and Heard: Systemic Racism and Princeton University; Life and Leadership, a talk with Anthony Romero, executive director of the American Civil Liberties Union, moderated by Professor of History Kevin Kruse; renowned poets Jericho Brown and Danez Smith in conversation with Tracy K. Smith, the Roger S. Berlind '52 Professor in the Humanities, professor of creative writing in the Lewis Center for the Arts and chair of the Lewis Center for the Arts; and a two-part session featuring alumni in politics, with the first night moderated by Mickey Edwards, visiting lecturer in public and international affairs.

Winterfest, a virtual arts showcase held Jan. 23, featured performances and conversations by students, alumni and guest artists. Pictured (clockwise from upper left): Abe Joshua, Class of 2021; Jessica Bailey, program coordinator-arts, Office of the Dean of Undergraduate Students; guest music artist Louis Futon; and Malachi "MalPractice Byrd, a 2020 alumnus.

While Wintersession was originally planned to be held in person, the pivot to a virtual format presented some unexpected opportunities. The silver lining has been that students, faculty and staff have been able to connect with each other from wherever they are, and the workshops are able to accommodate a lot of people, Jarvis said. I have been thrilled with all of our faculty and alumni partnerships, especially for our evening events. I think it bodes really well for future fabulous Wintersessions!

Following is a peek into an art workshop in which participants created a personal healing bowl and a behind-the-scenes event featuring alumni who work in Hollywood.

From 2005-07, Hope VanCleaf, the communications assistant in the Lewis Center for the Arts, ran six-week workshops at the YWCA's Breast Cancer Resource Center for women living through all stages of breast cancer, instructing them how to use art as a tool of expression.

She adapted one of the projects from that series for her two-day Wintersession workshop Healing Through Creativity, designed to invite anyone in need without exception to find healing and empowerment through art making.Every participant explored their own creative self by making a healing bowl.

There is some level of stress, anxiety and fear that inhabits all of us which needs releasing, said VanCleaf, a photographer, multi-media artist, instructor, storyteller and founder of Creative Fingerprint. Working on the healing bowl becomes the cathartic release of stress, anxiety and fear through physical contact with the materials used in the journey.

She sent each of the participants seven undergraduates and two graduate students a package of art materials, including a gessoed papier-mch bowl that she had pre-made herself, assorted acrylic paints, gloss and matte gels, a paintbrush set, an assortment of metallic foil and tissue paper squares, acrylic gems, glitter, glue, disposable paint trays and a journal.

Hope VanCleaf, the communications assistant in the Lewis Center for the Arts, led the two-day workshop "Healing Through Creativity," in which participants made "healing bowls." VanCleaf sent them a package of art materials, including a gessoed papier-mch bowl that she had pre-made herself, and a journal in which to capture the experience.

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

A close-up view of the gessoed papier-mch bowl that workshop leader Hope VanCleaf pre-made for the participants. There is some level of stress, anxiety and fear that inhabits all of us which needs releasing, said VanCleaf, a photographer, multimedia artist, instructor, storyteller and founder of Creative Fingerprint. Working on the healing bowl becomes the cathartic release of stress, anxiety and fear through physical contact with the materials used in the journey.

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

One participant reflected in her journal: "The four colors I used on my bowl represent my family my mom, two older brothers and myself. These colors are colors that we each like and also relate to our personalities."

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

The inside of one participant's "healing bowl." In her journal she wrote: "I painted a moon scene inspired by the song "moonchild" by RM. The song explores light and hope in shadows, similar to my own character and journey throughout. The colors of red, purple and blue show contrasts between various reflections and silhouettes of my own decisions, choices and actions."

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

One participant described the tree on her bowl in her journal: I now had something that grew. The last thing I needed was something strong and sturdy, so I added purple twirling roots to my tree As I painted my bowl and shaped my tree and put down my roots, I thought about some of the moments that Ive experienced."

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

One participant who used colors to represent her family members wrote in her journal: "Inside the bowl, I chose a spiral design (1) because it's a nice design and (2) because, due to COVID-19, life has gone into a spiral! The virus has affected everyone's lives, but even so, my family remains close and connected like the colors in the spiral."

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

One participant reflected on why she chose this workshop: "I took this class on a whim because it looked accessible even though I don't have much background in art. ... I am generally very interested in how our bodies, minds and souls interact and I think this workshop works to tease out that connection and bring them into sync by making the internal external."

Photo courtesy of Hope VanCleaf, Lewis Center for the Arts

While VanCleaf was initially concerned about the virtual format, she witnessed in awe and amazement how each participant transformed the Zoom environment into their own private studio as they focused entirely on their own creative journey.

The students were asked to capture the experience in their own words using the journals they received.

One student wrote: Towards the end of my senior year of high school there were some moments that knocked me down. So when I received my bowl, I knew I wanted it to be strong and sturdy, something that grew and something that was beautiful.

After painting a sky on the outside of her bowl, she wrapped pieces of aluminum foil together to form the trunk and branches of a tree.

She wrote: I now had something that grew. The last thing I needed was something strong and sturdy, so I added purple twirling roots to my tree As I painted my bowl and shaped my tree and put down my roots, I thought about some of the moments that Ive experienced. Those are moments that I will always go back to and that I will always remember, moments that have rewritten the world that I live in. But there are also moments ahead of me that Im learning to still reach for and grow towards. I hope that my roots will ground me so that I may continue to grow into the sky.

How do you get your foot in the door in Hollywood? In this two-part career seminar, participants got to rub virtual elbows with an A-list of film and television producers, screenwriters, showrunners and actors who hopped on Zoom from their homes in Los Angeles and New York.

"Our vision for the seminar was to provide participants the opportunity to hear from, and connect with, their fellow Tigers working in entertainment, said Angel Gardner, associate director, external affairs, in the Lewis Center for the Arts.We had an amazing group of alumni volunteers who participated as panelists on the first day. They shared their career journeys honestly, providing candid and sometimes surprising insights into the realities of working in the business. Day two was more focused, with workshops led by alumni that introduced participants to specific careers within the industry.

More than 100 students and members of the University community tuned in to day one a lively conversation moderated by Matt Iseman, a 1993 alumnus, television personality, host of NBCs American Ninja Warrior and A&Es Live Rescue and the 2017 winner of Celebrity Apprentice, where he raised over half a million dollars for his chosen charity, the Arthritis Foundation.

Many of the panelists shared how Princeton played into their career paths sometimes in unexpected ways.

Iseman, for example, was a history major and pre-med at Princeton. He remembered one history professor who made history come alive through stories. Even in reality TV, were sharing stories. While attending medical school at Columbia University, where his father was a professor, Iseman decided to make the leap to stand-up. My dad said: Life is short. Do what makes you happy.

Iseman credits his Princeton education for his focus and determination. For me, my best friends are 40 to 50 of my Princeton classmates who are all well-rounded. The drive to be successful that to me was the benefit of Princeton.

Ellie Kemper, a 2003 alumna, comedian and actress perhaps best-known for her title role on The Unbreakable Kimmy Schmidt as well as The Office and the movie Bridesmaids, majored in English and was a member of the field hockey team her first year at Princeton. While she cut her comedy teeth as a member of the student improv troupe Quipfire! and the Triangle Club, she credits the discipline you learn through academics and athletics for building her resilience in the entertainment industry.

Her best piece of advice? Bet on yourself. Know your limits and weaknesses but bet on yourself. Who else is going to?

Matt Iseman (left), a 1993 alumnus and host of NBCs American Ninja Warrior and A&Es Live Rescue, moderated a "Script to Screen" discussion with alumni in Hollywood including comedian and actress Ellie Kemper, Class of 2003; writer Taofik Kolade, Class of 2008; and producer Wyck Godfrey, Class of 1990.

Photos courtesy of the subjects

Taofik Kolade, a 2008 alumnus and a writer/producer for "Atlanta" on FX and "Barry" on HBO, was a mechanical and aerospace engineering major at Princeton but became interested in film after taking an adaptation class his senior year taught by an industry professional. He got his first internship through the networking group Princeton in Hollywood.

Kolade, who said he is driven by telling stories of marginalized people, said to fight nerves he scripts out his pitches. I think about it this way: How would I pitch this idea to a friend?

Most of my projects are books to movies, said Wyck Godfrey, a 1990 alumnus who majored in English and is a partner in the production company Temple Hill Entertainment whose film and TV credits include the Twilight saga series and Maze Runner series.

I was always drawn to emotion things that exercise your heart, said Godfrey, who was president of Paramount Pictures Motion Picture Group from 2018-20, where he oversaw the production and release of A Quiet Place, Book Club and the sixth installment of Mission: Impossible. I am inspired by great stories and the way film can help us process emotions that are difficult to express. He encouraged students to read all those books on the syllabus.

Abhijay Prakash, a 1998 alumnus, president of Universal Filmed Entertainment Group and former chief operations officer for DreamWorks Animation and Focus Features, said: Between streaming and the creator economy, there is great demand for stories. Be expansive theres lots of ways to make your mark across lots of different platforms.

Godfrey agreed. There are more online festivals and screening festivals than ever. I have 15 employees who scour the internet for screenwriters and talent. With a Princeton degree, youll get noticed.

More than 100 students and members of the University community tuned in to day one of "Script to Screen: Tigers in Hollywood," a two-part career seminar. Panelists included: television writer, showrunner, producer and author Howard Gordon (left), Class of 1984; Abhijay Prakash, Class of 1998 and president of Universal Filmed Entertainment Group; and writer/producer Alexander Woo, Class of 1993. Day two included workshops on screen writing and pitching, film music, digital animation and unconventional paths to Hollywood careers.

Photos courtesy of the subjects

Howard Gordon, a 1984 alumnus and member of the Lewis Center for the Arts Advisory Council, is an award-winning television writer, showrunner, producer and author whose credits include Homeland, 24 and X Files. He and his business partner and classmate Alex Gansa were both English majors who also earned certificates in creative writing.

He had this advice for budding TV writers: Whats the emotional contract you want to make with your audience? Why this show and why now? And, why you?

Alexander Woo, a 1993 alumnus and writer/producer for television whose credits include HBOs True Blood and AMCs The Terror: Infamy, started his career as a playwright.

My playwriting was all Asian themes, said Woo, who made the pivot to Hollywood after running into a Princeton classmate, Jacqueline Swanson, who asked him, Have you ever considered writing for TV?

He is currently working with Netflix as executive producer of an adaptation of Cixin Liu's Three-Body Problem, considered the greatest Chinese science fiction trilogy. The climate were in has allowed for a greater diversity of voices, he said.

Alumni presenters on day two led workshops on script writing and pitching (Jennie Snyder Urman, Class of 1999), film music (Scott Salinas, Class of 1997), digital animation (Ricky Arietta, Class of 2013) and unconventional paths to Hollywood careers (Ben Neumann, Class of 2014, and Ashley Alexander, Class of 2009). Script to Screen: Tigers in Hollywood was presented by the Lewis Center for the Arts, Princeton in Hollywood and the Center for Career Development.

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A Zoom with a view: Wintersession offers a virtual journey from the kitchen to Hollywood - Princeton University

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Cloud Hosting Services provided by Rackspace USA to that Indian Customers arent Royalties as per … – taxscan.in

The Income Tax Appellate Tribunal (ITAT), Mumbai bench held that cloud hosting services provided by Rackspace USA to that Indian customers are not covered under the definition of royalties as per India-US Tax Treaty.

The assessee did not file any return of income for the A.Y.2010-11 and certain transactions were seen in the NMS database available in 1- Taxnet System based on which the AO recorded reason to believe in accordance with provisions of Section 147 of the Income Tax Act that the income has escaped taxation.

During the year under consideration, the assessee earned income from cloud services including cloud hosting and other supporting and ancillary services provided to Indian Customers. The assessee filed the return of income and the notes stating therein that the cloud hosting services was not taxable as royalties under Article 12 of the India-US tax treaty as the customers do not operate the equipment or have physical access to or control over the equipment used by the assessee to provide cloud support services and do not make available technical knowledge, experience, skill, know-how etc., to its Indian Customers and the cloud support services are not in the nature of managerial, technical or consultancy services and consequently do not constitute fees for included services within the meaning of Article 12 of the India-USA Double Tax Avoidance Agreement (DTAA).

The assessee claimed that revenues earned on account of cloud hosting services constitute business profits and since it did not have Permanent Establishment (PE) in India under Article 5 of the DTAA, the same would not be subject to tax in India under the provisions of Article 7(1) of the DTAA.

There was a mismatch of receipts as per 26AS and as per party-wise receipts furnished by assessee, therefore, the notice was also issued. After the reply of the assessee and in accordance with the direction of the DRP, the receipt in sum of Rs.17,12,52,670 was considered as Royalty and held to be 10% taxable as per India USA DTAA prescribed taxation rate.

The coram headed by the Vice President Pramod Kumar clarified that the amendments in the domestic tax law cannot be read into the tax treaty as there is no change in the definition of royalties under the India-USA Tax Treaty.

The ITAT said that the retrospective amendment in the royalty definition under the Act does not impact the definition of royalties in the India-USA Tax Treaty. The tribunal held that the services provided by Rackspace USA to that Indian customers are not covered by the above definition of royalties provided in the India USA Tax Treaty since Rackspace USA is providing hosting services to the Indian customers and does not give any equipment or control over the equipment.

The gross GST revenue collected in the month of January 2021till 6 PM on 31.01.2021 is 1,19,847 croreof which CGST is 21,923 crore, SGST is 29,014 crore, IGST is 60,288 crore(including 27,424 crores collected

The Institute of Chartered Accountants of India ( ICAI ) has extended the Condonation Scheme to regularize UDINscan now be generated up to 28th Feb, 2021. This has reference to the Condonation Scheme to regularize

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Cloud Hosting Services provided by Rackspace USA to that Indian Customers arent Royalties as per ... - taxscan.in

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Flexibility Drives Firms to the Cloud: Podcast – FTF News

This is the second of a two-part FTF Exchange podcast with James Corrigan from SimCorp North America.

Financial services firms, including the buy side, are flocking to the cloud because it offers access to important integration tools and greater flexibility, says James (Jamie) Corrigan, executive vice president and managing director for SimCorp North America via an FTF Exchange podcast.

This is the second part of a two-part podcast chat with Corrigan. In this installment, Corrigan focuses on the Ops challenges of managing multi-asset portfolios, among other issues. The overall goal for firms is to optimally manage risk across an entire portfolio, and to put efficient operating models in place, he says.

Cloud computing is playing a greater role in all of this.

Over the past five years, firms have been more willing to embrace cloud-hosted environments, Corrigan says. When he joined SimCorp six years ago, most of the new clients preferred to host the vendors offerings internally, he says.

The other half would want to use our hosting that we built up our cloud offering. But then as weve progressed through, I think the demand for cloud has changed a little bit. Its gone from simply wanting providers like us to run the technology, and the upgrades, and whatnot to wanting it in the cloud because they want more robust APIs [application programming interfaces], Corrigan says. Firms also want to access data models and integrate them with the partnerships theyre creating. Youre seeing a demand for more open environments, and more flexibility. And that, ultimately, is what the cloud gives you.

In the first part of the podcast, Corrigan talks about why he thinks the company won the Best Buy-Side Enterprise Solution award for 2020 via the FTF News Technology Innovation awards competition: http://bit.ly/3t7VNwT

(The 2021 FTF Awards process has recently launched: http://bit.ly/3pxUKEc ).

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