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Google Settlement Highlights Growing Importance of Data Privacy: How Reklaim Leads the Charge

Posted by Brittany McNabb at 11:18 AM on Wednesday, February 7th, 2024

Introduction:

In a landmark settlement, Google has agreed to pay $350 million to settle a lawsuit related to data privacy concerns, underscoring the escalating importance of safeguarding personal information.

This development not only highlights the need for robust data protection measures but also positions companies like Reklaim at the forefront of the privacy revolution. As the industry shifts towards greater transparency and accountability, Reklaim’s innovative approach and recent achievements take center stage.

Industry Outlook and Reklaim’s Trajectory:

  • The Google settlement emphasizes the growing emphasis on data privacy in the industry.
  • Reklaim’s trajectory aligns with this trend, providing user-centric data management solutions.
  • As data privacy regulations evolve, Reklaim stands out as a proactive industry leader.

Voices of Authority:

  • Industry leaders stress the critical nature of data privacy, reflecting on Google’s settlement.
  • Reklaim’s commitment to empowering users aligns with these sentiments.
  • Quotes highlight the shared vision of industry leaders and Reklaim in prioritizing data protection.

Reklaim’s Highlights:

  • Reklaim’s recent milestones include a Q3-2023 revenue of $923,966, up 52% compared to Q3-2022.
  • The company’s focus on user-controlled data and robust privacy measures distinguishes it.
  • With a 136% year-over-year growth and significant clients like Microsoft and T-Mobile, Reklaim solidifies its position.

Real-world Relevance:

Google’s data privacy issues led to a substantial market value loss, emphasizing the real-world impact of breaches. Reklaim’s solutions become critical tools for enhancing data protection and rebuilding consumer trust. Connecting the Google settlement to broader privacy concerns reinforces the urgency of Reklaim’s mission.

Looking Ahead with Reklaim:

Reklaim’s future prospects are promising as data privacy becomes a central concern. Strategic initiatives, including reducing external capital needs and achieving positive cash flow, position Reklaim for sustained growth. 

Source: https://www.reuters.com/legal/google-pay-350-million-revolve-shareholders-data-privacy-lawsuit-2024-02-06/ 

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Reklaim: Empowering Privacy in the Digital Age

Posted by Brittany McNabb at 4:19 PM on Thursday, February 1st, 2024

In today’s interconnected world, concerns about privacy and data security have become paramount. With the increasing digitization of our lives, individuals are often left vulnerable to data breaches, intrusive tracking, and unauthorized use of personal information. However, amidst these challenges arises Reklaim, a pioneering platform dedicated to empowering users with control over their data and enhancing privacy in the digital landscape.

At the forefront of the privacy revolution, Reklaim offers a comprehensive suite of tools and services designed to safeguard users’ privacy rights while providing transparency and accountability in data management. Through its innovative approach, Reklaim enables individuals to take ownership of their data, dictate how it is shared, and even monetize their information securely and ethically.

One of the key benefits of Reklaim is its user-centric design, which prioritizes privacy and transparency. By providing individuals with granular control over their data, Reklaim empowers users to make informed decisions about who can access their information and for what purposes. Whether it’s managing preferences, setting price points for data transactions, or revoking consent at any time, Reklaim puts users firmly in the driver’s seat of their digital identity.

Furthermore, Reklaim’s commitment to privacy is evident in its robust security measures and adherence to stringent data protection standards. Through advanced encryption protocols, secure authentication mechanisms, and regular security audits, Reklaim ensures that users’ data remains safe from unauthorized access and malicious threats. Additionally, Reklaim complies with global privacy regulations such as GDPR and CCPA, further bolstering user confidence in the platform.

In terms of recent milestones, Reklaim has experienced remarkable growth and success, underscoring the increasing demand for privacy-centric solutions in today’s market. In Q3-2023 alone, Reklaim reported a revenue of $923,966, marking a significant 52% increase compared to the same period in the previous year. This impressive growth trajectory reflects the growing recognition of Reklaim as a trusted ally in the quest for privacy and data sovereignty.

Moreover, Reklaim’s user base continues to expand, with an increasing number of individuals embracing the platform’s privacy-enhancing features. From everyday consumers concerned about their online privacy to businesses seeking ethical data sources for targeted marketing, Reklaim caters to a diverse range of stakeholders committed to privacy and transparency.

Looking ahead, Reklaim remains steadfast in its mission to redefine privacy in the digital age and empower individuals with control over their data. With ongoing investments in technology, partnerships, and user education, Reklaim is poised to become the go-to destination for anyone seeking to reclaim their privacy rights in an increasingly data-driven world.

In conclusion, Reklaim represents a beacon of hope in an era fraught with privacy concerns and data breaches. By putting privacy first and empowering users with control over their data, Reklaim is paving the way for a safer, more transparent digital future. As individuals increasingly recognize the value of their privacy, Reklaim stands ready to lead the charge towards a more secure and empowered online experience.

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Shaping Tomorrow: How Reklaim Rides the Positive Wave in Data Empowerment

Posted by Brittany McNabb at 10:05 AM on Tuesday, November 14th, 2023

 

In the ever-evolving landscape of data privacy, recent developments have sparked optimism in the industry. The European Data Protection Board (EDPB) has issued an urgent binding decision, heralding a new era in personal data processing for behavioral advertising. As industry dynamics shift, this macro-level article serves as a lens through which we explore the implications for Reklaim, a pioneering force in reshaping data ownership.

Industry Outlook and Reklaim’s Trajectory

Amid the regulatory currents, the data empowerment industry finds itself at a crossroads. Reklaim, standing at the forefront, has strategically positioned itself to navigate this evolving landscape. With a consumer-centric approach and emphasis on data ownership, the company aligns seamlessly with the positive industry trends outlined in the EDPB’s recent decision.

Voices of Authority

Industry leaders echo sentiments that resonate with Reklaim’s strategic direction. EDPB Chair Anu Talus’s insistence on compliance and lawful processing mirrors Reklaim’s commitment to putting control back into the hands of consumers. Such authoritative voices underline the significance of Reklaim’s mission in the broader industry narrative.

Reklaim’s Highlights

Reklaim’s recent achievements, encapsulated in the highlights, take on heightened relevance in the wake of industry advancements. The company’s record FY2022 results, 9-month 2023 revenue of $2,695,697 up 64% year over year, consecutive profitable quarters, and an impressive debt reduction initiative underscore its resilience and strategic acumen. As the industry adapts, Reklaim stands as a beacon of innovation and consumer empowerment.

Reklaim’s contributions to the industry transcend the digital realm, creating tangible impacts. Analogous to the urgent binding decision, where Meta is urged to comply, Reklaim has consistently demonstrated its commitment to privacy compliance. Consumers, like those empowered by Reklaim, are increasingly demanding control over their data, aligning seamlessly with the industry’s shift toward lawful and ethical processing.

Looking Ahead with Reklaim

The future holds promise for Reklaim as it continues to lead in reshaping the data landscape. The company’s forward-looking goals, including exclusive perks for VIP users and a transparent wallet feature, align with the positive trajectory outlined by the EDPB. Reklaim’s commitment to reducing external capital reliance and achieving positive cash flow growth positions it as a compelling player in the industry’s narrative.

In a landscape defined by change, Reklaim emerges not only as a participant but a key influencer in the industry’s growth narrative. The alignment with positive industry trends, coupled with a track record of achievements, makes Reklaim a company worth exploring further. For investors seeking not just innovation but a driving force in the evolving data landscape, Reklaim stands as a promising contender.

https://edpb.europa.eu/news/news/2023/edpb-urgent-binding-decision-processing-personal-data-behavioural-advertising-meta_en

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Reklaim Ltd. Demonstrates Stellar Performance with Consecutive Profitable Quarters in Q3-2023

Posted by Brittany McNabb at 8:49 AM on Thursday, November 9th, 2023

 

Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) continues to redefine success in the data empowerment sector, reporting back-to-back profitable quarters. The Q3-2023 financial results showcase not only profitability but also robust revenue growth and a remarkable debt reduction initiative.

Reklaim has earned a reputation as a pioneer in empowering consumers with direct control over their data. As privacy concerns gain prominence and multiple states implement comprehensive privacy legislation, Reklaim’s mission has never been more pertinent. With the ability to view, edit, add, and option their data to brands and platforms for direct compensation, consumers are taking charge of their digital footprint like never before.

Profitability and Revenue Surge

Reklaim’s Q3-2023 earnings report is nothing short of impressive. The company posted a substantial profit of $529,914, marking a remarkable 107% increase from the previous quarter. Furthermore, the three months ending September 30, 2023, saw a 52% increase in revenue compared to the same period last year. For the year-to-date period ending September 30, 2023, Reklaim reported a remarkable overall profitability of $635,828.

Positive Cash Flow and Strong Margins

The company demonstrated its financial strength by achieving positive cash flow from operations in Q3-2023, signaling efficient operations and improved margins. Maintaining a robust gross margin of 80% for Q3-2023 and 78% for the nine months ending September 30, 2023, Reklaim has positioned itself as a financially sound enterprise.

Recurring Revenue and Platform Growth

Reklaim’s recurring revenue ratio surged to an impressive 91% in Q3-2023, emphasizing the loyalty of its user base. Notably, platform revenue, which represents a significant portion of the company’s total revenue, skyrocketed by an astonishing 91% in Q3-2023 and an incredible 162% for the nine months ending September 30, 2023. This surge in platform revenue highlights Reklaim’s unique position in the market.

Operational Efficiency

In an impressive display of commitment to operational excellence, Reklaim successfully reduced its operating expenses by 8% in Q3-2023 and a substantial 45% for the nine months ending September 30, 2023, compared to the corresponding periods the previous year. This financial prudence is a testament to the company’s dedication to optimizing its cost structure.

Potential Impact and Significance

The impact of Reklaim’s consecutive profitable quarters extends beyond the company itself. As privacy regulations continue to evolve, the demand for privacy-compliant data is surging. With multiple states enacting comprehensive privacy legislation, Reklaim is strategically positioned to harness this momentum and unlock boundless potential. The consecutive profitable quarters not only attest to Reklaim’s operational strength but also demonstrate its agility in responding to changing market dynamics.

Expert Opinions and Analysis

Neil Sweeney, CEO and Founder of Reklaim, commented, “In the wake of the privacy landscape’s continued transformation in 2023, we’ve witnessed an extraordinary surge in demand for privacy-compliant data. As multiple states have enacted or are in the process of implementing comprehensive privacy legislation, Reklaim is strategically positioned to harness this momentum and seize the boundless potential it offers.”

Reklaim Ltd.’s consecutive profitable quarters reflect the company’s resilience, agility, and financial prowess. As data privacy takes center stage, Reklaim is perfectly positioned to meet the growing demand for privacy-compliant data. With a user-centric approach and a commitment to operational excellence, Reklaim’s journey to success is only gaining momentum.

Investors and industry watchers are encouraged to stay tuned for Reklaim’s Q3-2023 Earnings Call on November 9, 2023, where CEO and Founder Neil Sweeney will provide deeper insights into this impressive financial performance.

In an additional milestone, Reklaim is proud to announce a debt reduction initiative that has successfully slashed its debt by 39% in the fiscal year. This strategic accomplishment further solidifies Reklaim’s financial stability and its commitment to delivering lasting value to investors and stakeholders.

View original release: https://www.investors.reklaimyours.com/press/reklaim-ltds-posts-consecutive-profitable-quarters-q3-2023-profitability-soars-by-107

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Reklaim Ltd. Demonstrates Financial Resilience with 39% Debt Reduction in Fiscal 2023

Posted by Brittany McNabb at 8:49 AM on Tuesday, October 24th, 2023

 

 Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF), the industry leader in empowering consumers with direct control over their data, has successfully executed a strategic debt conversion initiative. This move has led to a notable 39% reduction in the company’s outstanding debt throughout fiscal year 2023, all while maintaining a steadfast profitability stance.

Under this initiative, Reklaim has proactively addressed outstanding indebtedness, opting to issue 1,250,000 Common Shares of the Company at a deemed price of $0.08 per Common Share, in turn satisfying an existing debt of $100,000. This calculated approach is aligned with the closing trading price of the Company’s listed shares on the TSX-V, as of October 20, 2023.

The Debt Settlement strategy not only signifies the company’s commitment to fiscal responsibility but also illustrates a prudent method of optimizing its capital structure. This endeavor reflects Reklaim’s dedication to creating enduring value for its shareholders.

Importantly, all securities issued as part of this transaction are bound by a statutory hold period of four months plus one day from the issue date, ensuring regulatory compliance and market stability. Notably, this issuance will not result in the formation of a new Control Person for the Company.

This strategic move is subject to final approval by the TSX, marking a significant milestone in Reklaim Ltd.’s journey towards financial stability and sustainable growth.

View Original Release: https://www.investors.reklaimyours.com/press/reklaim-announces-results-of-annual-general-and-special-shareholders-meeting-3pm4s

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Empowering Data Ownership: The Reklaim Revolution in 2023

Posted by Brittany McNabb at 10:21 AM on Wednesday, October 18th, 2023

In an era defined by data, the concept of ownership and control over personal information is of paramount importance. This is where Reklaim Ltd steps in, offering a transformative solution that puts individuals back in charge of their own data. With the digital landscape evolving at a rapid pace, understanding the challenges and opportunities in data science becomes crucial. Let’s delve into the challenges faced in the industry and see how Reklaim is at the forefront of addressing these issues.

Challenges in Data Science in 2023

The article highlights key challenges in data science, including data privacy concerns, algorithm biases, and the need for interpretability in machine learning models. These are all significant pain points that individuals and businesses grapple with in today’s data-driven environment.

Reklaim’s Answer to Data Ownership

Reklaim’s mission aligns perfectly with the challenges outlined in the article. By offering a user-friendly platform for individuals to manage their data, Reklaim puts data ownership back where it belongs – in the hands of the user. With features like setting prices for data and transparent operations, Reklaim addresses data privacy concerns head-on.

Furthermore, Reklaim’s commitment to transparency and security ensures that user consent is a top priority. This directly addresses the article’s concerns about privacy in data science.

Tackling Algorithm Biases

Algorithmic biases are a critical concern in the industry. Reklaim’s approach shifts the paradigm. By allowing users to control their data and set their own prices, Reklaim creates a level playing field. This empowers users to ensure their data is used ethically and without bias.

Interpretability in Machine Learning

Reklaim’s platform is designed with user-friendliness in mind. This means that individuals, regardless of technical expertise, can easily navigate and understand how their data is being utilized. This addresses the need for interpretability in machine learning models, ensuring that users have full visibility into the process.

Reklaim’s Remarkable Growth

The article emphasizes the need for companies to adapt to the evolving data landscape. Reklaim stands out as an industry leader with its extraordinary growth. In 2022 alone, the company experienced revenue increases of 118% in identity and 145% in the platform, showcasing its ability to adapt and thrive in the changing landscape. In the same year, 2022, Reklaim achieved record financial results, with FY revenue increasing by 136% to $2,361,110 from $1,000,200. For Q1 2023 they reported record revenue of $728,304, which is up 86% Vs. Q1 2022 and for Q2 2023, their revenue was OVER $1 million which is a 62% increase.

Reklaim’s innovative approach to data ownership and management directly addresses the challenges faced in the data science industry in 2023. By putting control back in the hands of individuals, Reklaim is not only revolutionizing data ownership but also setting a new standard for transparency, privacy, and ethical data usage. As the digital landscape continues to evolve, Reklaim is at the forefront, shaping the future of data management.

 

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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