The Technology Authority

American Software Reports Fourth Quarter and Fiscal Year 2021 Results

Record Quarterly Bookings Accelerated Growth in Cloud Services Annual Contract Value

American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the fourth quarter and fiscal year 2021.

Key Fourth Quarter Financial Highlights:

  • Subscription fees were $8.1 million for the quarter ended April 30, 2021, a 28% increase compared to $6.3 million for the same period last year, and Software license revenues were $1.2 million, a 15% increase compared to $1.1 million for the same period last year.

  • Cloud Services Annual Contract Value (ACV) increased approximately 45% to $38.3 million for the quarter ended April 30, 2021 compared to

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Pentagon says UFOs are not secret American technology

MYSTERY WIRE — The New York Times is reporting about the contents of a soon-to-be released Pentagon investigation into the UFO mystery. The Times says the report to congress will leave open  the question of whether some UFOs are alien spacecraft.

The initial New York Times headline was “Government Finds no Evidence UFOs are Alien Spacecraft” before changing it to “U.S. Finds No Evidence of Alien Technology in Flying Objects, but Can’t Rule It Out, Either.”

A more accurate headline could have been, “Pentagon Says We Don’t Know What UFOs Are” or even “Pentagon Says UFOs Are Not Secret American

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Xi’s Gambit: China Plans for a World Without American Technology

China is freeing up tens of billions of dollars for its tech industry to borrow. It is cataloging the sectors where the United States or others could cut off access to crucial technologies. And when its leaders released their most important economic plans last week, they laid out their ambitions to become an innovation superpower beholden to none.

Anticipating efforts by the Biden administration to continue to challenge China’s technological rise, the country’s leaders are accelerating plans to go it alone, seeking to address vulnerabilities in the country’s economy that could thwart its ambitions in a wide range of industries,

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