DUBAI, UAE, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Since its inception in 2017, the World Blockchain Summit (WBS) has grown into the world’s longest-running and most prestigious blockchain and Web3 event series, hosting 29 successful editions across 16 countries. Over the years, WBS has established itself as a key platform that unites global innovators, investors, and policymakers to shape the future of decentralised technology. Today, Trescon proudly announces the evolution of this iconic event with a bold rebranding to HODL, a name that embodies resilience, progress, and the limitless potential of blockchain and Web3 ecosystems.HODL will make its highly anticipated debut at the 30th global edition of the summit in Dubai, UAE, on April 28-29, 2025. This rebranding marks a significant shift toward positioning the event as a premier platform for serious business, innovation, and deal-making in the blockchain space.Why the RebrandThe transition from WBS to HODL reflects the evolution of the event from a conference series to a strategic platform driving real business outcomes. HODL now embraces not only blockchain but also the broader horizons of innovation and collaboration within Web3, crypto, and emerging decentralised systems. The focus is on creating meaningful connections between ground-breaking blockchain projects, pre-qualified investors, enterprise leaders, and government regulators. This shift reflects a commitment to facilitating collaborations that will shape the future of the blockchain industry.What to Expect at HODL 2025 in DubaiTrailblazing Thought Leaders: Hear from top blockchain innovators, industry pioneers, and government representatives shaping the future of blockchain and decentralised ecosystems.Deal-Making Opportunities: Engage with pre-qualified investors actively seeking the next big blockchain projects.Enterprise & Government Collaborations: Dive into discussions on regulatory frameworks, public-private partnerships, and enterprise adoption strategies for blockchain.Cutting-Edge Innovations: Witness live showcases of groundbreaking blockchain use cases, crypto solutions, and Web3 technologies from around the world.Dubai, known for its progressive blockchain policies and visionary leadership, is the perfect launchpad for the HODL brand. With Dubai’s commitment to becoming a global hub for blockchain and Web3 innovation, HODL is poised to make an unprecedented impact on the world of blockchain.QuotesMohammed Saleem, Founder and Chairman, Trescon, commented:“The rebranding of World Blockchain Summit to HODL marks a pivotal moment in our journey as we move beyond simply hosting events to becoming a true enabler of blockchain and Web3 innovation. With HODL, we aim to create a future-focused, results-driven platform that empowers projects, investors, and governments to collaborate meaningfully and shape the next era of decentralized technology.”Anil Kumar, COO, Trescon, added:“HODL isn’t just a rebrand—it’s a redefinition of what a blockchain event should be. It is a testament to our vision of facilitating real outcomes through deal-making, partnerships, and showcasing transformative blockchain solutions to the world. Dubai, with its ambitious blockchain agenda, is the perfect stage for this transition.”The Legacy of WBSFor nearly a decade, the World Blockchain Summit has led the way in blockchain adoption, creating a legacy as the longest-running Web3 event. The rebrand to HODL builds on this legacy, signalling a more strategic, business-centric approach to blockchain’s integration into industries and society.Join Us at HODL 2025 in DubaiMark your calendars for April 28-29, 2025, and join us in Dubai for HODL – The Vanguard of Blockchain and Beyond, where innovation meets opportunity.For more details and early registrations, visit: hodlsummit.com/dubai2025.About HODLHODL is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally. It is the world's longest-running blockchain, crypto, and web 3-focused summit series. Since its inception in 2017, it has hosted more than 20 editions in 11 countries and strives to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging start-ups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.About TresconTrescon is a global leader in business events, focusing on the adoption of emerging technologies and sustainable solutions. With a portfolio of industry-leading events, including HODL (formerly WBS), Trescon is dedicated to creating platforms that foster innovation, collaboration, and economic growth.Media Contact:Shadi DawiSenior DirectorPR, Comms., and Partnerships, Global & MEAE: shadi@tresconglobal.com | M: +971 55 498 4989 Copyright 2024 ACN Newswire via SeaPRwire.com.
Hitachi Receives an Order for All 147 Elevators and Escalators for the Second Phase of the Taipei MRT Wanda-Zhonghe-Shulin Line
TAIPEI, TAIWAN, Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501; hereafter Hitachi), today announced that Hitachi Yungtay Elevator Co., Ltd., a Taiwan-based subsidiary of Hitachi engaged in the manufacturing, sales, installation, and maintenance of elevators and escalators, has received an order for all 147 elevators and escalators from Department of Rapid Transit Systems, Taipei City Government for the second phase of the Taipei Rapid Transit System (hereafter Taipei MRT*1) Wanda-Zhonghe-Shulin Line, which is scheduled to complete in 2031. This order is the largest-ever one for elevators and escalators for the Hitachi Group in Taiwan and also the largest-ever one thatHitachi Yungtay Elevator has received since it was established in 1966 as Yungtay Engineering Co., Ltd. (hereafterYungtay).Hitachi Yungtay Elevator will install 41 large-capacity machine-room-less elevators with load capacities of 1,600 kg and 2,000 kg, and 106 escalators at all 13 stations and one substation to be constructed in the second phase of theWanda-Zhonghe-Shulin Line. All elevators will be equipped with the earthquake emergency operation function*2 toensure safety and security for users.Koji Ide, Chairman of Hitachi Yungtay Elevator said “We are committed to a safety-first philosophy aiming to provide high quality products and services by adopting the meticulous management methods that Hitachi has developed in Japan. Hitachi Yungtay Elevator will continue to focus on large, high-grade projects providing safe and diverse services.”Outline of the Taipei Metro Wanda-Zhonghe-Shulin LineIn the Taipei metropolitan area, centered on Taipei City, the Taipei MRT and other railroads have developed rapidly inrecent years to meet the high population density and transportation demand, and many line expansion plans are under consideration. The Taipei MRT Wanda- Zhonghe-Shulin Line spans Taipei City, New Taipei City. The project consists of two phases. The first phase involves 9 stations with a total length of 9.5 km and the second phase involves 13 stations (2 underground and 11 elevated) with a total length of 13.3 km. The entire line is scheduled to be completed in 2031.Characteristics of the Elevators and Escalators OrderedHitachi Yungtay Elevator received an order for all elevators and escalators to be installed at all 13 stations and onesubstation to be constructed in the second phase of the Wanda-Zhonghe- Shulin Line.The earthquake that struck off the coast of eastern Taiwan on April 3, 2024, and the multiple aftershocks that followed have heightened interest in the safety of elevator users during earthquakes in Taiwan. All elevators to be delivered this time will be equipped with an earthquake emergency operation function, which is not mandatory in Taiwan. Theelevator car will stop at the nearest floor when it detects an earthquake of a certain strength or more, opening the cardoors to prevent users from being trapped. Escalators are also equipped with a function that smoothly stops the operation when an earthquake occurs.Hitachi’s Elevators and Escalators Business in TaiwanHitachi Yungtay Elevator is the largest elevator and escalator company in Taiwan, leading the Taiwanese elevator andescalator industry since its establishment as Yungtay in 1966. Hitachi formed a business alliance with Yungtay shortly after its establishment and invested in the company in 1968. After more than 50 years of continuous collaboration, it became a consolidated subsidiary in 2020*3 and a wholly owned subsidiary in 2022, changing its name to Hitachi Yungtay Elevator*4.Outline of Specifications of Elevators OrderedTypeRated SpeedCapacityUnitsPassenger elevator 60 m/min1,600 kg13 units2,000 kg1 unitDouble-sidedelevator*51,600 kg6 unitsObservationelevator1,600 kg21 units(1) MRT: Mass Rapid Transit(2) This function stops the elevator at the nearest floor and opens the door when it detects an earthquake of a certain strength or more.(3) News release dated October 15, 2020 titled Hitachi Acquired Additional Shares to Hold Majority of Shares of Yungtay, Elevator Company Based in Taiwan www.hitachi.com/New/cnews/month/2020/10/201015.html(4) News release dated April 21, 2022 titled Yungtay Becomes a Wholly Owned Subsidiary, to Be Renamed Hitachi Yungtay Elevator www.hitachi.com/New/cnews/month/2022/04/220421.html(5) A type of elevator in which the elevator car has two exits, and different exits are used depending on the floor on which the elevator stops.Outline of Specifications of Escalators OrderedRated SpeedRiseUnits30 m/min, 39 m/min (Speed switch function)Up to 6,000 mm57 units6,001-9,999 mm37 units10,000 mm or more12 unitsHitachi Yungtay Elevator Websitehttps://en.hitachi-yungtay.com.tw/Hitachi Elevators and Escalators Websitewww.hitachi.com/businesses/elevator/Hitachi Building Systems Brand Channelwww.youtube.com/channel/UCfOgxcLRk3NHm2WrqHeQ6MAAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
MHI Successfully Achieves 1,200 Hour Long-Term Durability Test Milestone on 90 MPa-Class Ultra-High-Pressure Liquid Hydrogen Booster Pump
TOKYO, Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd (MHI) successfully achieved the key milestone of 1,200 hours of operation in a long-term durability test of its 90 MPa (900 bar) Class Ultra-High-Pressure Liquid Hydrogen Booster Pump.(1) Liquid hydrogen pumps are used at hydrogen refueling stations to refuel hydrogen fuel cell vehicles and hydrogen tube trailers.During the test, the pump completed 1,500 refueling cycles without downtime or replacement of major parts used at the cryogenic temperatures. This validates MHI's best-in-class operational reliability in hydrogen refueling allowing for dependable high flow rates of 160 kg per hour at a discharge pressure of 90 MPa (900 bar). The results of this long-term durability test demonstrate significant progress on the path to a future hydrogen economy.This test was conducted with FirstElement Fuel, Inc. (FEF), world-leader in hydrogen refueling solutions, at the Livermore Hydrogen Hub under hydrogen refueling station conditions.(Note2)The test started in April 2023 and was completed in November 2024. During this test, the pump- completed 1,500 refueling cycles at cryogenic temperatures of approximately -253°C (-423°F)- achieved 1,200 hours of operations without downtime and without replacement of major parts- pumped approximately 140 tons of liquid hydrogen (the equivalent of refueling5,000 fuel cell buses)(Note3), and- generated negligible boil-off gas during pump operation.The test was an overwhelming success and proved that this pump will make positive contributions to the reliability and efficiency of hydrogen refueling stations.The pump will be installed at a large-scale hydrogen station dedicated to clean commercial mobility in Japan and is scheduled to go into commercial operation in April 2025 simultaneously with the opening of the station.MHI will continue to provide best-in-class solutions to reduce the carbon footprint around the world. Our Ultra-High-Pressure Liquid Hydrogen Booster Pump is currently being introduced to the global market. This and new advanced solutions will continue to add value on society's path to a future hydrogen economy.(1) With an energy consumption just 25% that of hydrogen gas booster pumps, liquid hydrogen booster pumps offer an environmentally-friendly alternative for a hydrogen-oriented society. The advanced technology used in the MHI Ultra-High-Pressure Liquid Hydrogen Booster Pump was made possible by our cryogenic technology cultivated through research programs into liquid oxygen and liquid hydrogen engines for rockets, as well as technology and experience cultivated through the delivery of various industrial pumps, including those for nuclear power plants. For details, please refer to the following URLs: www.mhi.com/news/210406.htmlhttps://www.mhi.com/news/23091101.html(2) MHI believes in conducting full scale tests using liquid hydrogen under actual operating conditions;therefore, the demonstration tests were conducted at FEF's Hydrogen Hub in Livermore, California.3Assuming that one hydrogen fuel cell bus requires 28 kg to refuel.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
“LEQEMBI” (Lecanemab) for the Treatment of Alzheimer’s Disease Launched in South Korea
TOKYO and CAMBRIDGE, Mass., Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Inc. announced today that the humanized anti- soluble aggregated amyloid-beta (Aβ) monoclonal antibody “LEQEMBI®” has been launched in South Korea. LEQEMBI received the Ministry of Food and Drug Safety (MFDS) approval in May 2024 for treatment in adult patients with mild cognitive impairment due to Alzheimer’s disease (AD) or mild AD dementia (early AD).LEQEMBI selectively binds to soluble Aβ aggregates (protofibrils*), as well as insoluble Aβ aggregates (fibrils) which are a major component of Aβ plaques in AD, thereby reducing both Aβ protofibrils and Aβ plaques in the brain. LEQEMBI is the first approved treatment shown to reduce the rate of disease progression and to slow cognitive and functional decline through this mechanism.It is estimated there were approximately 900,000 dementia patients in South Korea in 2021,1 with one in ten people over the age of 65 suffering from dementia,1 and one in five from mild cognitive impairment (MCI).2 It is reported that Alzheimer’s dementia patients account for about 70% of all dementia patients.2 The average annual nursing care/medical costs per dementia patient is estimated to be 21.1 million South Korean Won (KRW), while the cost for patients with severe dementia reaches 33.1 million KRW.1Eisai serves as the lead of LEQEMBI development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority. In South Korea, Eisai Korea Inc. will distribute the product and conduct information provision activities.Eisai Korea Inc. has been a pioneer in the field of dementia for many years, focusing on activities such as raising disease awareness. In recent years, Eisai Korea Inc. has been working with various stakeholders, including healthcare professionals, academic societies, patient groups, care centers, health checkup companies, and diagnostic companies, to create a dementia ecosystem that promotes AD awareness and early diagnosis/treatment. Eisai Korea Inc. will first launch this drug in the private market, including the establishment of a Patient Assistance Program, to deliver lecanemab to patients awaiting the treatment, aiming to make an impact not only on patients but also on their caregiving families and South Korean society.* Protofibrils are believed to contribute to the brain injury that occurs with AD and are considered to be the most toxic form of Aβ, having a primary role in the cognitive decline associated with this progressive, debilitating condition.3 Protofibrils cause injury to neurons in the brain, which in turn, can negatively impact cognitive function via multiple mechanisms, not only increasing the development of insoluble Aβ plaques but also increasing direct damage to brain cell membranes and the connections that transmit signals between nerve cells or nerve cells and other cells. It is believed the reduction of protofibrils may prevent the progression of AD by reducing damage to neurons in the brain and cognitive dysfunction.4About LecanemabLecanemab is the result of a strategic research alliance between Eisai and BioArctic. It is a humanized immunoglobulin gamma 1 (IgG1) monoclonal antibody directed against aggregated soluble (protofibril) and insoluble forms of amyloid-beta (Aβ).Lecanemab is approved in the U.S., Japan, China, South Korea, Hong Kong, Israel, the United Arab Emirates and Great Britain for the treatment of Alzheimer’s disease (AD) in patients with Mild Cognitive Impairment (MCI) or mild dementia stage of disease (collectively referred to as early AD). The treatment’s approvals in these countries was based on Phase 3 data from Eisai’s global Clarity AD clinical trial, in which it met its primary endpoint and all key secondary endpoints with statistically significant results. The most common adverse events (>10%) in the lecanemab group were infusion reactions, ARIA-H (combined cerebral microhemorrhages, cerebral macrohemorrhages, and superficial siderosis), ARIA-E (edema/effusion), headache, and fall.Lecanemab is marketed in the U.S., Japan, China, Great Britain and others, and is under regulatory review in 17 countries and regions, including the European Union. In November 2024, the treatment received positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) recommending approval.Since July 2020 the Phase 3 clinical study (AHEAD 3-45) for individuals with preclinical AD, meaning they are clinically normal and have intermediate or elevated levels of amyloid in their brains, is ongoing. AHEAD 3-45 is conducted as a public-private partnership between the Alzheimer's Clinical Trial Consortium that provides the infrastructure for academic clinical trials in AD and related dementias in the U.S, funded by the National Institute on Aging, part of the National Institutes of Health, Eisai and Biogen. Since January 2022, the Tau NexGen clinical study for Dominantly Inherited AD (DIAD), that is conducted by Dominantly Inherited Alzheimer Network Trials Unit (DIAN-TU), led by Washington University School of Medicine in St. Louis, is ongoing and includes lecanemab as the backbone anti-amyloid therapy.About the Collaboration between Eisai and Biogen for ADEisai and Biogen have been collaborating on the joint development and commercialization of AD treatments since 2014. Eisai serves as the lead of lecanemab development and regulatory submissions globally with both companies co-commercializing and co-promoting the product and Eisai having final decision-making authority.About the Collaboration between Eisai and BioArctic for ADSince 2005, Eisai and BioArctic have had a long-term collaboration regarding the development and commercialization of AD treatments. Eisai obtained the global rights to study, develop, manufacture and market lecanemab for the treatment of AD pursuant to an agreement with BioArctic in December 2007. The development and commercialization agreement on the antibody back-up was signed in May 2015.About Eisai Co., Ltd. Eisai's Corporate Concept is "to give first thought to patients and people in the daily living domain, and to increase the benefits that health care provides." Under this Concept (also known as human health care (hhc) Concept), we aim to effectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology and Oncology. In addition, we demonstrate our commitment to the elimination of neglected tropical diseases (NTDs), which is a target (3.3) of the United Nations Sustainable Development Goals (SDGs), by working on various activities together with global partners. For more information about Eisai, please visit www.eisai.com (for global headquarters: Eisai Co., Ltd.), and connect with us on X, LinkedIn and Facebook. About Biogen Founded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth. The company routinely posts information that may be important to investors on its website at www.biogen.com. Follow Biogen on social media – Facebook, LinkedIn, X, YouTube. Biogen Safe Harbor This news release contains forward-looking statements, about the potential clinical effects of lecanemab; the potential benefits, safety and efficacy of lecanemab; potential regulatory discussions, submissions and approvals and the timing thereof; the treatment of Alzheimer's disease; the anticipated benefits and potential of Biogen's collaboration arrangements with Eisai; the potential of Biogen's commercial business and pipeline programs, including lecanemab; and risks and uncertainties associated with drug development and commercialization. These statements may be identified by words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "possible," "potential," "will," "would" and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. You should not place undue reliance on these statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including without limitation unexpected concerns that may arise from additional data, analysis or results obtained during clinical studies; the occurrence of adverse safety events; risks of unexpected costs or delays; the risk of other unexpected hurdles; regulatory submissions may take longer or be more difficult to complete than expected; regulatory authorities may require additional information or further studies, or may fail or refuse to approve or may delay approval of Biogen's drug candidates, including lecanemab; actual timing and content of submissions to and decisions made by the regulatory authorities regarding lecanemab; uncertainty of success in the development and potential commercialization of lecanemab; failure to protect and enforce Biogen's data, intellectual property and other proprietary rights and uncertainties relating to intellectual property claims and challenges; product liability claims; and third party collaboration risks, results of operations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from Biogen's expectations in any forward-looking statement. Investors should consider this cautionary statement as well as the risk factors identified in Biogen's most recent annual or quarterly report and in other reports Biogen has filed with the U.S. Securities and Exchange Commission. These statements speak only as of the date of this news release. Biogen does not undertake any obligation to publicly update any forward-looking statements. References (1) Korean dementia observatory 2022: National Institute of Dementia (Korean) (2) Korean dementia observatory 2021: National Institute of Dementia (Korean) (3) Amin L, Harris DA. Aβ receptors specifically recognize molecular features displayed by fibril ends and neurotoxic oligomers. Nat Commun. 2021;12:3451. doi:10.1038/s41467-021-23507-z (4) Ono K, Tsuji M. Protofibrils of Amyloid-β are Important Targets of a Disease-Modifying Approach for Alzheimer's Disease. Int J Mol Sci. 2020;21(3):952. doi: 10.3390/ijms21030952. PMID: 32023927; PMCID: PMC7037706.MEDIA CONTACTSEisai Co., Ltd.Public Relations DepartmentTEL: +81 (0)3-3817-5120Eisai Inc. (U.S.)Julie Edelman+1 201-753-1945INVESTOR CONTACTSEisai Co., Ltd.Investor Relations Department TEL: +81 (0)70-8688-9685Biogen Inc.Jack Cox+1 781-464-3260public.affairs@biogen.com Biogen Inc.Stephen Amato+1 781-464-2442IR@biogen.com Copyright 2024 JCN Newswire via SeaPRwire.com.
Imran Khan and Wife Face Terrorism Charges for Inciting Violence “`
ISLAMABAD — Following days of unrest resulting in at least six deaths and numerous injuries, Pakistani authorities have filed multiple charges against jailed former Prime Minister Imran Khan, his wife, and others for inciting violence, officials announced Thursday. Khan’s wife, Bushra Bibi, led a large demonstration from the country’s northwest, marching toward Islamabad to advocate for Khan’s release from prison, where he has been held since August 2023. While Khan faces over 150 charges, his supporters contend they are politically motivated. Bibi, a spiritual healer, left the area during a Tuesday night police operation to disperse thousands of protesters. She was out on bail for a corruption charge at the time she led the protest originating in Khyber Pakhtunkhwa province. Authorities reported the arrest of approximately 1,000 demonstrators in and around Islamabad since Sunday. Islamabad police attribute the deaths of six individuals, including four security personnel, to a vehicle collision, blaming Khan’s supporters for the incident. Charges under Pakistan’s anti-terrorism laws have been brought against Khan, Bibi, and others in Islamabad and Rawalpindi for allegedly inciting attacks on security forces and disturbing public order. Khan faces over 150 charges, but his party, the Pakistan Tehreek-e-Insaf (PTI), maintains its commitment to securing his release. On Thursday, Planning and Development Minister Ahsan Iqbal and Information Minister Attaullah Tarar informed international media that Khan’s supporters aimed to seize the capital and that some possessed weapons, which were confiscated during the overnight raid. Iqbal stated that security forces employed tear gas and batons to control the crowds, refuting PTI claims of deaths resulting from police gunfire. He argued that the use of firearms by protesters negated the claim of a peaceful protest. This is the latest in a series of crises impacting the nation since Khan’s removal from office in 2022. Pakistan’s Stock Exchange experienced a loss exceeding $1.7 billion on Tuesday due to the political instability, but rebounded Thursday, surpassing 100,000 points for the first time. Prime Minister Shehbaz Sharif attributed this recovery to economic improvement.
Trump Declares Immigration Victory After Mexico Call, Despite President’s Denial “`
Following a phone conversation with Mexican President Claudia Sheinbaum, President-elect Donald Trump declared victory in curbing illegal immigration from Mexico. However, President Sheinbaum countered that Mexico was already addressing the issue and had no intention of closing its borders. This exchange occurred shortly after Trump threatened significant new tariffs on both Canada and Mexico as part of his broader strategy to combat illegal immigration and drug trafficking. Trump asserted that Sheinbaum had agreed to halt migration through Mexico. Sheinbaum, in her own social media posts, stated that Mexico was already managing migrant caravans and characterized their conversation as "excellent." She emphasized Mexico's policy of building bridges rather than closing borders. While the future of the proposed tariffs remains uncertain, Trump claimed on Truth Social that the call effectively sealed the Southern border, calling the discussion "very productive." The interaction between the two leaders seemed to validate Trump's approach of leveraging trade disruptions. His initial social media post impacted financial markets and elicited a response he swiftly framed as a success. Even without implementing the tariffs, Trump can portray the mere threat as an effective policy tool. Sheinbaum’s social media posts detailed their discussion of Mexico’s migration strategy, emphasizing that migrant caravans weren't reaching the U.S. border due to Mexico’s actions. She also mentioned collaboration on security and combating fentanyl use. The decrease in illegal immigration across the Mexican border partly stems from increased cooperation between Mexico and the Biden administration—an achievement Trump appears to be claiming credit for. Border arrivals have fallen by 40% from their peak in December. U.S. officials primarily attribute this decline to heightened Mexican vigilance at rail yards and highway checkpoints. Under pressure from the U.S. to stem northward migration, Mexican authorities have intensified efforts to apprehend migrants nationwide and relocate them to southern Mexico—a tactic experts view as a strategy to deter migrants. Neither leader clarified the status of the tariffs. Their implementation could trigger price increases and slower economic growth, potentially jeopardizing the U.S.-Mexico-Canada trade agreement finalized in 2020. Trump previously announced a 25% tax on all imports from Canada and Mexico as one of his first executive orders, alongside a 10% tariff on China for fentanyl-related exports. In justifying his plan, he criticized the flow of fentanyl and illegal immigration, despite border apprehensions being near four-year lows. Trump also announced a large-scale advertising campaign to highlight the dangers of fentanyl, aiming to educate the public about its harmful effects. This potent opioid, initially designed for severe pain management, is increasingly mixed with other drugs in the illicit market. Through September, U.S. imports from Mexico totaled $378.9 billion, $322.2 billion from China, and $309.3 billion from Canada. —Hussein reported from West Palm Beach. Associated Press writers Jill Colvin in New York and Mark Stevenson in Mexico City contributed to this report.
Bomb Threats and Swatting Attacks Target Trump’s Cabinet Picks and Appointees “`
NEW YORK — President-elect Trump's transition team reported Wednesday that numerous key Cabinet nominees and appointees have been targeted with bomb threats and swatting attacks. The FBI is conducting an investigation. “Several of President Trump’s Cabinet nominees and Administration appointees were targeted last night and this morning with violent and un-American threats against their lives and the lives of their families,” Trump transition spokesperson Karoline Leavitt stated. She explained that these attacks included bomb threats and swatting incidents, where false emergencies are reported to trigger a law enforcement response against a specific individual. This tactic has seen increased use recently. “Law enforcement and other authorities responded promptly to ensure the safety of those targeted. President Trump and the entire Transition team are thankful for their swift action,” Leavitt added. Among those targeted were Rep. Elise Stefanik (NY), Matt Gaetz (FL), and former Rep. Lee Zeldin (NY), Trump's EPA nominee. According to a law enforcement official speaking anonymously due to the ongoing investigation, Susie Wiles, Trump's incoming chief of staff, and Pam Bondi, Trump's choice to replace Gaetz, were also targeted. Wiles and Bondi haven't yet responded to requests for comment. The FBI declared in a statement that it is "aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees" and is "working with our law enforcement partners. We take all potential threats seriously and urge the public to report anything suspicious to law enforcement immediately.” Stefanik’s office reported that she, her husband, and their three-year-old son were driving home from Washington for Thanksgiving Wednesday morning when they learned of a bomb threat at their Saratoga County residence. “New York State, County law enforcement, and U.S. Capitol Police responded immediately and very professionally,” her office stated. “We are incredibly grateful for the extraordinary dedication of law enforcement officers who protect our communities 24/7.” New York State Police said a team responded to the bomb threat at Stefanik’s home Wednesday morning but found no explosives. A spokesperson directed further inquiries to the FBI. Zeldin shared on social media that he and his family had received threats. “A pipe bomb threat targeting me and my family at our home today included a pro-Palestinian message,” he posted. “My family and I were not home and are safe. We are cooperating with law enforcement as this situation unfolds.” Suffolk County (Long Island) police reported that emergency responders went to an address listed as Zeldin’s home Wednesday morning following a bomb threat and examined the property. In Florida, the Okaloosa County sheriff’s office stated that it “received notification of a bomb threat referencing former Congressman Matt Gaetz’s supposed mailbox at a home in the Niceville area around 9 a.m. this morning.” While a family member lives at the address, they said “former Congressman Gaetz is NOT a resident. The mailbox was checked, and no devices were found. The area was also searched, and nothing was discovered.” Gaetz was Trump’s initial pick for Attorney General, but that selection was withdrawn amid allegations of paying women for sex and having sexual contact with underage women. Gaetz has strongly denied any wrongdoing and stated last year that a Justice Department investigation into sex trafficking allegations involving underage girls concluded without any federal charges against him. These threats follow a political campaign marked by disturbing and unprecedented violence. In July, a gunman fired at a Trump rally in Butler, Pennsylvania, grazing the then-candidate's ear and killing one supporter. The U.S. Secret Service later stopped a subsequent assassination attempt at Trump’s West Palm Beach, Florida, golf course after an agent spotted a gun barrel protruding through a perimeter fence while Trump was golfing. Public figures across the political spectrum have faced hoax bomb threats and false reports of shootings at their homes in recent years. The judges presiding over the civil fraud case against Trump in New York and the criminal election interference case against him in Washington, D.C. were both targeted earlier this year. Justice Department special counsel Jack Smith, who recently dropped the two criminal cases against Trump, was also the target of a fake emergency call last Christmas Day. Earlier this year, schools, government buildings, and the homes of city officials in Springfield, Ohio, received numerous hoax bomb threats after Trump falsely accused members of Springfield’s Haitian community of abducting and eating cats and dogs. And in 2022, a large number of historically Black colleges and universities nationwide were targeted with dozens of bomb threats, with most occurring during Black History Month. The U.S. Capitol Police stated Wednesday that, “Anytime a Member of Congress is the victim of a ‘swatting’ incident, we work closely with our local and federal law enforcement partners. To protect ongoing investigations and to minimize the risk of copycats, we cannot share more details at this time.” Republican House Speaker Mike Johnson called the threats “dangerous and unhinged.” “This year, there were not one but TWO assassination attempts on President Trump. Now some of his Cabinet nominees and their families are facing bomb threats,” he said. “This is not who we are in America.”
Trump’s Planned Tariffs on Imports from Mexico, Canada, and China: Potential Economic Impacts “`
President-elect Donald Trump plans to impose tariffs on imports from Mexico, Canada, and China, potentially impacting the cost of various goods, according to experts. Trump announced on Truth Social his intention to sign an executive order on January 20, 2025, implementing a 25% tariff on goods from Mexico and Canada, and a 10% tariff on Chinese imports. He cited concerns about border crossings and drug trafficking as justification. His campaign promises included tariffs ranging from 10-20%, potentially reaching 60% on Chinese goods. Economists fear this will increase prices and fuel inflation. Kimberly Clausing, a former Biden administration economist, notes the potential economic ramifications, stating that this action, during a time of high inflation, will significantly impact consumers and hinder job growth due to the integrated nature of North American manufacturing. Alan Deardorff, a University of Michigan economics professor, suggests the higher import costs may lead to increased domestic prices and potentially shift production away from affected countries. With limited details released, economists express uncertainty about potential tariff exemptions. Below are some of the top imports potentially affected. Mexico Mexico, the U.S.’s top trading partner, exports cars, car parts, and electrical appliances. These goods, and U.S.-assembled products using Mexican parts, could see price increases due to the proposed tariffs. Clausing highlights the direct and indirect cost increases for consumers, affecting various products, from toasters to larger appliances. Mexico also supplies food products to the U.S., potentially impacting their costs as well. Canada Canada, the second-largest trading partner, primarily exports crude oil, petroleum gas, lumber, and automotive products to the U.S. Tariffs could raise lumber and fuel prices, impacting construction costs and home heating. China China, the third-largest trading partner, exports electronics including phones, televisions, and computers to the U.S. The proposed tariffs could raise the prices of these goods. Previous exceptions for some Chinese-assembled products, such as certain Apple products, existed during the prior Trump administration, but future exemptions are uncertain. Economists worry about potential retaliatory measures from impacted countries. Mexican President Claudia Sheinbaum hinted at potential retaliatory tariffs. Canadian Prime Minister Justin Trudeau spoke with Trump, describing the conversation as "good." Several Canadian officials, including Ontario Premier Doug Ford, condemned the plan and threatened retaliation. Clausing concludes that the economic consequences could be severe for North America, though acknowledging the possibility that the plan might ultimately be a bluff. However, given Trump's past actions, she finds this unlikely.
LevaData Makes SpendMatters’ Top 50 Procurement Tech List for Sixth Straight Year “`
LevaData Achieves Sixth Consecutive Spot on SpendMatters' '50 to Watch' ListPleasanton, California, November 28, 2024 – LevaData, a leader in AI-powered supply chain solutions, has been named to SpendMatters' '50 Providers to Watch' list for 2024, marking its sixth consecutive year on the list. This recognition highlights the company's ongoing innovation and growth in procurement technology. SpendMatters' '50 Providers to Watch' showcases emerging companies in procurement and supply chain demonstrating substantial growth and innovative solutions. These companies are recognized for driving industry progress through continuous product innovation. “Our sixth appearance on the SpendMatters '50 to Watch' list reflects our commitment to innovation,” said Keith Hartley, LevaData's CEO. “We're dedicated to enhancing our AI platform, providing clients with real-time insights for improved decision-making and measurable results.” Bertrand Maltaverne, SpendMatters' Lead Analyst for Upstream Procurement, added: "LevaData's platform offers powerful direct material sourcing capabilities, providing deep insights into parts and components to enhance procurement strategies. Their benchmarking tools and part risk intelligence help organizations save costs, mitigate risk, and optimize sourcing for both new and existing products." LevaData's Direct Material Sourcing platform leverages AI and machine learning to provide actionable insights, minimize risks, and optimize supply chain costs. Its focus on part-level risk intelligence and data-driven decision-making distinguishes LevaData in the evolving procurement technology landscape. For more information on SpendMatters' '50 Providers to Watch' list, please visit: . About LevaData is a global leader in procurement and direct material sourcing, helping organizations transform their supply chain operations using data-driven insights. Its AI and machine learning-powered platform delivers predictive analytics and actionable recommendations, enabling procurement teams to make better decisions, cut costs, and reduce supply chain risks. Serving a range of clients, from Fortune 500 companies to mid-sized OEMs, LevaData helps clients achieve best-in-class sourcing and strategic value. About SpendMatters SpendMatters is the leading resource for procurement and supply chain professionals seeking in-depth technology insights. Providing comprehensive technology analysis, news, and subscription research, SpendMatters serves as a trusted source for procurement technology intelligence for CPOs, consultants, investors, and solution providers.Media ContactLevaData2792793430LevaData, Inc. 6200 Stoneridge Mall Road Corporate Commons Source :LevaData
SunTec India Named Among The Manifest’s Top-Reviewed Firms of 2024
Laguna Beach, California, November 28, 2024 – SunTec India has been recognized by The Manifest as a top-rated firm in 2024. The company is globally recognized for its expertise in big data management, eCommerce account management, back-office support, photo editing, digital marketing, and web & app development. The Manifest, a leading B2B review platform, assesses companies based on client feedback, service quality, and industry influence. SunTec India's inclusion underscores its commitment to high-quality services across various sectors. “We are honored by The Manifest's recognition. This acknowledgment across multiple service areas validates our team's dedication to aligning our services with client business objectives,” stated Mr. Rohit Bhateja, Director of Digital Engineering & Head of Marketing at SunTec India. About SunTec IndiaSunTec India is a leading technology and data-focused outsourcing firm. Established in 1999, it boasts over 8,530 clients in 50 countries and more than 1,500 employees. The company's human-in-the-loop approach emphasizes innovation, robust data security, and transparent processes. Its ISO certifications for data security and quality, along with CMMI Level 3 certification, further demonstrate its commitment to excellence. Partnerships with Google, Shopify, nopCommerce, and Microsoft allow SunTec India to leverage leading technologies to improve services and client support.Media ContactSunTec India+1 585 283 00551968 S. Coast Hwy #499, Laguna Beach, CA 92651 Source :SunTec India
SpaceX’s Falcon 9 Rocket Achieves 400 Launches; Musk’s Net Worth Surges by $600 Billion “`
MAXE: The Revolutionary AI Financial Management AppSpaceX's Falcon 9 rocket achieved its 400th launch on November 28th, 2024, with 375 successful booster landings. SpaceX aims for over 150 launches in 2025. First launched in 2010, the Falcon 9 achieved its first booster recovery in 2015. It became the first commercial rocket to orbit astronauts in 2020 and the most frequently launched rocket in the U.S. with the best safety record by 2022. The Falcon 9 pioneered reusable first-stage boosters for liquid-fueled rockets, revolutionizing aerospace design through cost-effectiveness, multiple simultaneous launches, vertical recovery, reusability, and rapid iteration. Elon Musk's net worth increased by $600 billion in under a month, reaching approximately $2.52 trillion. This followed a roughly 40% rise in Tesla's stock price since the November 5th U.S. presidential election, adding about $350 billion to its market capitalization. Tesla's stock surged 45% between November 4th and 22nd, with particularly strong gains (16% on November 6th, 2% on November 7th, and over 8% on November 8th) pushing its market cap back above $1 trillion and its share price above $320. This Tesla stock performance highlights the potential for significant returns in the financial markets, though such opportunities are often short-lived and require access to timely information. The volatile U.S. economic climate makes investment decisions challenging for ordinary investors. MAXE offers a solution. "MAXE, our innovative investment tracking app, helps investors find suitable asset portfolios," stated the MAXE CEO. "We provide direct access to the portfolios of respected investors, fund managers, and government officials, enabling real-time tracking and informed decision-making." MAXE uniquely allows everyday investors to monitor the portfolios of influential figures in real-time, overcoming information barriers in financial markets and facilitating timely adjustments to investment strategies. To counter information delays, MAXE features an AI-powered financial management assistant. This tool uses big data and algorithms to provide up-to-date insights from reliable sources, offering personalized investment strategies based on user input and current market data. MAXE also provides real-time data visualization for stocks, bonds, commodities, and currencies, alongside comprehensive information on users' assets of interest, including news, financial developments, and regulatory filings. This timely access to data and insights allows users to learn from successful investors' strategies, improve their investment techniques, and make more informed decisions. MAXE, with over 300,000 downloads, is available globally. For more information, please visit our website and follow us on social media.Media ContactMAXE AI Source :MAXE AI
Genius Global Launches Advanced Alkaline Ionizer Water Purifiers “`
London, United Kingdom, November 27, 2024 – Genius Global is transforming hydration with its advanced Alkaline Ionizer Water Purifiers, designed to provide pure, mineral-rich water for improved health and well-being. Recognizing water's vital role in health, Genius Global leverages cutting-edge technology to enhance your hydration experience. The Science of Enhanced Hydration Genius Global's Alkaline Ionizer Water Purifiers utilize innovative electrolytic technology. These purifiers not only remove impurities but also enrich water with essential minerals and antioxidants. The result is clean, alkaline water with optimal pH levels, supporting detoxification, boosting energy, and promoting bodily balance. Key Differentiating Features 1) Advanced Technology Nine platinum-coated titanium plates for efficient electrolysis. A smart SMPS power supply for energy efficiency. A user-friendly graphical display showing pH and ORP levels. 2) Health Benefits Alkaline water with a pH range of 7.5 to 10.5 to neutralize acidity. Antioxidant-rich water that may contribute to lower blood pressure, sugar, and cholesterol levels. Cellular-level hydration improvement for increased vitality. 3) User-Friendly Design Voice control and touch-button technology for ease of use. Automatic reverse flush cleaning for extended product lifespan. Unmatched Quality and Global Presence Operating in nine countries with a team exceeding 350 professionals, Genius Global is a reputable leader in water purification. Each product undergoes rigorous quality control to meet international excellence standards. Introducing the Premium 9 Alkaline Ionizer Combining stylish design and high performance, the Premium 9 Model is Genius Global's flagship purifier, featuring: A flow rate of 100 liters per hour. ORP levels as low as -900 for enhanced antioxidant benefits. Smart notifications displaying pH levels, brand information, and more. Dedication to Health and Sustainability Genius Global is more than a brand; it's a commitment to healthier living. By merging technology, innovation, and a dedication to well-being, we aim to empower individuals and families to make healthier choices – one glass of water at a time. Experience the hydration revolution with Genius Global's Alkaline Ionizer Water Purifiers. Pure water, improved health. For more information, please visit:Website: Social Media Handles: Facebook: Instagram: X: Media ContactGenius Global85 Great Portland Street First Floor, London, United Kingdom Source :Genius Global
Gloservice LLP Expands its Global Business Services
Gloservice LLP, a leading provider of comprehensive business services, is transforming how companies manage complex administrative tasks. The firm specializes in US company formation, banking, merchant account registration, and nominee services, simplifying the path to business success in the US. Gloservice LLP provides complete solutions for entrepreneurs and businesses establishing a US presence. From navigating company registration to ensuring regulatory compliance, they offer seamless support. Their expertise and customer-centric approach make them a reliable partner for businesses of all sizes. Beyond company formation, Gloservice LLP offers robust banking solutions, assisting clients with opening US business accounts. This ensures access to secure and efficient financial tools, enabling businesses to focus on growth. Gloservice LLP also provides merchant account registration services, facilitating smooth payment processing. Their secure and scalable solutions cater to various industries, enabling businesses to meet customer needs in today's digital landscape. Understanding the importance of privacy and compliance, Gloservice LLP offers nominee services to help clients maintain confidentiality while adhering to legal requirements. Gloservice LLP remains a trusted global partner, committed to providing tailored solutions and exceptional service. Their efficient and professional approach keeps them at the forefront of global business support. For further information, visit .Media ContactGloservice LLP+ 1 (866) 217528047 W 13th St, New York, NY 10011 Source :Gloservice LLP
Imagen Network Raises $32 Million for AI-Powered Decentralized Social Platform
Imagen Network is revolutionizing social networking by combining AI and blockchain to provide users with secure, decentralized tools for content creation and management.Singapore, Singapore, Nov 27, 2024 – Imagen Network has received $32 million in funding to build the world's first AI-powered decentralized social media platform. This innovative platform uses artificial intelligence and blockchain technology to create a secure and user-friendly environment for connection, creation, and collaboration, while ensuring users retain control over their data and content. This funding will expedite the development of Imagen Network's decentralized ecosystem, which prioritizes user privacy, transparency, and autonomy. AI will power dynamic content generation, personalized experiences, and enhanced interactions. Blockchain technology will guarantee data security and provide transparent, immutable transaction records. Imagen Network's IMAGE token will be the platform's core currency, facilitating transactions, rewarding user contributions, and enabling community governance. This tokenized ecosystem is designed to boost engagement and incentivize content creators, making it a versatile platform for Web3 creators and consumers alike. The successful $32 million funding round represents a major milestone for Imagen Network, allowing it to redefine social networking by empowering users. Through the integration of AI and blockchain, Imagen Network aims to establish new benchmarks for social interaction and content ownership in the decentralized sphere. About Imagen Network Imagen Network is developing the world's first decentralized social platform leveraging AI and blockchain. The platform provides users with innovative tools to create, own, and monetize content while retaining complete data control. For more information, visit .Media ContactKaJ Labs88887012914730 University Way NE 104- #175 Source :KaJ Labs
AI-Powered Virtual Pets Arrive on Web3 via FurGPT
FurGPT is revolutionizing Web3 engagement by offering personalized virtual companions through a unique blend of artificial intelligence and blockchain technology.London, United Kingdom, November 27, 2024 – FurGPT's innovative platform lets users create, customize, and issue unique virtual pets as NFTs, opening new avenues for digital asset interaction within the Web3 space. Advanced AI models power the creation of personalized virtual pets, while blockchain integration ensures secure ownership and transparent transactions, enabling users to trade and display their pets across various digital platforms. This combination of AI-driven creativity and decentralized technology makes FurGPT a transformative platform for Web3 users. The FGPT token underpins the FurGPT ecosystem, facilitating transactions, unlocking premium features, and rewarding community involvement. The platform's accessibility extends across major networks such as Ethereum and BNB Chain, reaching a global user base. Its design aims to attract creators, collectors, and developers, building a versatile platform for the Web3 community. FurGPT's commitment to innovation and user engagement is reshaping the landscape of virtual assets in the decentralized world. By empowering users to create and own AI-generated virtual pets, the platform is transforming how digital assets are viewed and used within Web3. About FurGPT FurGPT is an innovative platform utilizing AI and blockchain to create, customize, and mint virtual pets as NFTs. It offers secure, scalable, and personalized solutions, empowering users to explore new possibilities within the Web3 ecosystem. For more information, visit .Media ContactKaJ Labs88887012914730 University Way NE 104- #175 Source :KaJ Labs
Asphalt Paving: Wolk Emphasizes Environmental and Safety Best Practices “`
County Asphalt and Trucking LLC's founder and owner champions environmentally responsible and safe asphalt paving practices.Detroit, Michigan Nov 27, 2024 - Raymond Wolk, founder and owner of County Asphalt and Trucking LLC, stresses the significance of environmental and safety standards within the asphalt paving industry. His 19 years of experience highlight the positive community and environmental impact of responsible paving methods. Wolk explains that asphalt paving, far from being a simple process, significantly impacts both the environment and public safety. He emphasizes that meticulous planning, sustainable materials, and precise engineering are crucial for safe, reliable, and eco-friendly projects. Citing the National Asphalt Pavement Association (NAPA), which reports over 100 million tons of reclaimed asphalt pavement (RAP) are recycled annually in the U.S., Wolk highlights County Asphalt's commitment to sustainability through RAP utilization. This recycling reduces waste, lowers material costs, conserves resources, and minimizes environmental impact, he says. Wolk also underscores the importance of safety and quality standards. Proper planning ensures durable, well-draining roads, reducing potholes and cracks, thus improving driver safety and protecting infrastructure. He points out that poorly paved roads deteriorate rapidly, leading to costly repairs and safety hazards. Wolk acknowledges weather as a significant challenge impacting safety and quality. Asphalt paving, he explains, requires optimal conditions, considering temperature, humidity, and soil type. Safety, for Wolk, involves not only adherence to regulations but also comprehensive risk assessment and meticulous job planning to protect all involved. Beyond sustainable practices and safety, Wolk emphasizes clear customer communication. While clients may lack technical expertise, Wolk ensures they understand the rationale behind project decisions, appreciating his company's commitment to quality and safety. County Asphalt, under Wolk's leadership, exemplifies sustainable and safe practices. Wolk concludes that their work extends beyond road construction to creating positive and lasting community impact.Media ContactRaymond Wolk Source :County Asphalt and Trucking LLC
Academic Labs (AAX) Selected as the Official Educational Sponsor for the 2024 World Chess Championship in Singapore
SINGAPORE – November 28, 2024 – (SeaPRwire) – Academic Labs (AAX), the trailblazing EduFi ecosystem built on the Solana blockchain, proudly announces its sponsorship of the 2024 World Chess Championship, taking place in Singapore from November 25 to December 13. As one of the main sponsors alongside Google, AAX celebrates this landmark event that sees global tech giants supporting the prestigious chess tournament for the first time in its history. The 2024 World Chess Championship: Ding Liren vs. Gukesh Dommaraju This year’s championship showcases a gripping battle between the reigning Chinese world champion Ding Liren and the 18-year-old Indian prodigy Gukesh Dommaraju. Ding, hailing from Wenzhou, China, has dominated the Chinese chess scene from 2009 to 2016 and claimed the world champion title in 2023 by defeating Ian Nepomniachtchi. Gukesh, on the other hand, is the youngest-ever Candidates Tournament winner and aims to make history as the youngest classical world champion, potentially surpassing the legendary Garry Kasparov’s record. The championship, held in Singapore, is expected to draw an audience of 200 million viewers across more than 80 countries, with an estimated 40 million viewing hours. The event’s unprecedented global interest underscores chess’s enduring appeal and ongoing resurgence, unparalleled since the iconic 1972 World Championship. “As a project founded by born and bred Singaporeans, we are immensely proud to sponsor this landmark event taking place in our city,” said Kingston Kwek, Chief Visionary Officer of AAX. “Having a strong local sponsor creates an impactful ‘wow’ factor right here at home. It’s an honor to celebrate the beauty and global appeal of chess, which continues to inspire and challenge millions.” Chess: A Game of Global Reach and Technological Significance With over 500 million players worldwide, including 100 million on the online platform Chess.com, chess enjoys an immense global following. The 2024 championship, featuring a faceoff between champions from chess powerhouses China and India, is poised to attract massive viewership from these two nations – critical markets for AAX, given their vast populations. Moreover, chess has been pivotal in developing Artificial Intelligence (AI). The game’s perfect blend of well-defined rules and complex strategy makes it an ideal testbed for AI algorithms before scaling up to real-world challenges. AI techniques originally designed for chess, such as the Minimax algorithm and Alpha-Beta pruning, have found extensive applications in robotics, game theory, and decision-making systems. Chess AI has advanced pattern recognition capabilities, with implications spanning computer vision and natural language processing. To date, chess remains a crucial benchmark for evaluating state-of-the-art AI models. Academic Labs: Pioneering EduFi on Solana, Bolstered by Recent Milestones Academic Labs (AAX) stands at the forefront of the EduFi revolution as the first ecosystem of its kind on the Solana blockchain. By harnessing Web3 technology, AAX aims to democratize education, making it more engaging, accessible, and community-driven. The project has recently achieved significant milestones, boasting over 100,000 registered users, a 250,000-strong community, and 5,000 Daily Active Users. The sponsorship of the 2024 World Chess Championship is set to significantly impact Academic Labs’ future growth and development. By aligning itself with one of the most prestigious events in the chess world, AAX is positioning itself as a key player in the intersection of education, technology, and strategic thinking. The global exposure gained through this sponsorship will help AAX reach a wider audience, attracting chess enthusiasts and learners from around the world to its platform. As the championship unfolds, AAX will have the opportunity to showcase its innovative approach to education, demonstrating how its EduFi ecosystem can enhance the learning experience and foster community engagement. Moreover, the association with a high-profile event like the World Chess Championship will boost AAX’s credibility and reputation within the education and technology sectors. This increased visibility and trust will help AAX to forge new partnerships, attract top talent, and secure further investments to support its growth and expansion. In the long term, the exposure and connections gained through the World Chess Championship sponsorship will serve as a catalyst for AAX’s growth, helping it to establish itself as a leader in the EduFi space. As more people discover the benefits of decentralized education and the power of Web3 technology, AAX will be well-positioned to capitalize on this growing trend and drive the adoption of its platform on a global scale. About Academic Labs Academic Labs (AAX) is the pioneering EduFi ecosystem built on the high-performance Solana blockchain. AAX leverages Web3 technology to empower learners and educators, making education more accessible, engaging, and community-driven. With a strong focus on social and gamified learning experiences, AAX aims to revolutionize the way educational resources are shared and consumed, fostering growth and collaboration among its users. Social Links X: https://x.com/Acad_Labs Telegram Group: https://t.me/academic_labs Linktree: https://linktr.ee/academic_labs Discord: https://discord.gg/academic-labs Media Contact Brand: Academic Labs Contact: Media team Email: admin@acad.live Website: https://acad.live The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
Niyo Doubles Click-Through Rates and Improves Customer Retention with CleverTap
SAN FRANCISCO, CA & MUMBAI, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Niyo, India’s leading fintech startup, teamed up with CleverTap, the all-in-one engagement platform, to improve customer experiences through personalized engagement and real-time interactions. Since its founding in 2015, Niyo has been revolutionizing financial services in India, particularly with its international travel cards and app-based financial services, catering to the evolving needs of its users.In its almost decade-long journey, Niyo recognized the challenges that modern Indian travellers face at every touchpoint while venturing abroad. It sought a feature-rich user engagement platform that would effectively deliver the right solutions to its customers and found the ideal partner in CleverTap. By leveraging CleverTap’s advanced automation tools, Niyo enhanced its onboarding processes, while ensuring compliance with regulations, and streamlining customer experiences. This collaboration empowered Niyo to reduce drop-offs during the customer journey, automate personalized messages, and re-engage dormant users.By deploying CleverTap’s integrated platform, Niyo achieved:・2x increase in click through rates, leveraging Clever.AI for emotionally intelligent content.・40% optimized conversion rate through pinpoint targeting, ensuring personalized and relevant communication at every step.・12% re-engagement of dormant users through targeted campaigns, highlighting Niyo’s success in winning back inactive customers.Sushanth Ravikumar, SVP - Head of Marketing, Niyo, said - “At Niyo, delivering a seamless and personalized experience for our customers is a top priority. CleverTap has been instrumental in elevating this experience. Its robust automation and communication tools have streamlined our onboarding process while maintaining compliance in the highly regulated sector. What started as a tool to streamline everyday operations has become a key force in helping us preserve customer trust, even during challenging times. Its ability to adapt to real-time shifts in customer engagement offers us a definitive edge in an ever-changing dynamic, solidifying our long-term confidence in the platform.”Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said - “We are excited to collaborate with Niyo as they continue to innovate in the travel fintech space. Through our partnership, we’ve been able to enhance Niyo’s customer engagement by focusing on delivering personalized and timely experiences. This has not only streamlined their processes but also improved customer satisfaction, particularly in key areas like onboarding and transaction management. We look forward to supporting Niyo as they scale and evolve their offerings in this dynamic market.”About Niyo Niyo is India’s leading banking fintech that has revolutionized "travel banking" for Indians. The company was co-founded by banking veteran Vinay Bagri (currently, CEO) and technology veteran Virender Bisht (currently, CTO) in 2015. Niyo offers zero forex debit and credit cards, which provides the best banking experience and value for international travellers. This unique solution was invented by Niyo in 2015 and has helped over 2 million Indians by saving more up to 5% on their international transactions with Zero Forex offering. In this last Series-C round in 2022, Niyo raised $130 million, which was led by global VC and PE firms, Accel, Lightrock, and Multiples. Its other investors include Prime Venture Partners, Horizons Ventures, Tencent, JS Capital, Social Capital, and Beams Fintech Fund. Niyo operates out of a corporate office in Bengaluru and has a sales presence in more than 20 states and union territories.Visit: GoNiyo.comAbout CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco, to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit CleverTap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications and CSR, CleverTap+91 9820900036sony@clevertap.com ASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2024 ACN Newswire via SeaPRwire.com.
Hitachi High-Tech Launches DCR Etch System 9060 Series, Supporting Isotropic Etching of Advanced 3D Devices at the Atomic Level
TOKYO, Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi High-Tech Corporation ("Hitachi High-Tech") announced today the launch of its DCR(1) Etch System 9060Series. This system, which leverages Hitachi High-Tech's plasma etching(2) technology and expertise, has been developed to achieve precise control over the horizontal (isotropic) etching process in dry environments, aimed at applications such as the high-aspect(3) three-dimensional structures used in advanced semiconductor devices.With the 9060 Series, Hitachi High-Tech will support manufacturing process advancements for cutting-edge semiconductor devices, which are becoming increasingly minute and more complex, and will help customers toovercome the challenges they face, from R&D through to mass production.Product Development BackgroundSemiconductor devices have become increasingly miniaturized over the past half century and beyond, with the processing dimensions of integrated circuits now at nanometric levels. This, in turn, necessitates controllability over the etching process at the atomic-layer (angstrom) level. In addition, the likes of 3D-NAND(4) and 3D-DRAM*5structures are used for semiconductor memory devices to improve density by making the elemental structure three- dimensional. As a result, the dry etching process used to manufacture semiconductor memory devices requires isotropic (horizontal, even) etching, which is precisely controlled at the atomic-layer level, in addition to conventional anisotropic (vertical) etching.The 9060 Series maintains the low-damage, high-precision plasma etching technology cultivated by Hitachi High-Tech over many years while achieving isotropic etching at the atomic-layer level, thereby helping our customers whomanufacture advanced semiconductors with highly integrated three-dimensional structures by shortening development periods, reducing costs, and improving productivity.Key Features1. Achieves high throughput processing and low equipment footprint*6Typically, when performing isotropic etching in dry environments, it is necessary to alternate between low temperatures for adsorption of radicals*7 and high temperatures for thermal desorption, which means time is requiredfor heating and cooling. To resolve this problem, the 9060 Series incorporates a unique wafer-cooling mechanism andinfrared lamp within a single vacuum reactor, enabling the temperature of the wafer being etched to quickly alternate between low and high temperatures. This enables high-throughput isotropic etching of various materials and lowers the footprint of the equipment.2. Achieves high-precision isotropic processingIn addition to isotropic processing through heating and cooling via the wafer-cooling mechanism and infrared lamp, the system also utilizes plasma etching technology—one of Hitachi High-Tech's strengths—to achieve isotropic processing with high surface reaction speed and highly precise control. This makes it possible to control the shape of the openings and bottom of the wafer pattern at the atomic level, which is essential to fabricate detailed three-dimensional structures.With the 9060 Series as well as our other high-performance etch systems and technology, Hitachi High-Tech iscontinuing to respond to our customers' various manufacturing needs for the development and mass production of semiconductor devices.We will continue to provide innovative and digitally enhanced solutions to our products for the upcoming technology challenges, and create new value together with our customers, as well as contributing to cutting-edge manufacturing.(1) DCR (dry chemical removal): A method used to advance both vertical and horizontal etching by utilizing chemical reactions in a dry environment.(2) Plasma etching: A technique used to fabricate detailed patterns using ions and chemical reactions by separating gases in a vacuum chamber.(3) High-aspect: Generally, refers to the aspect ratio of a rectangle. Here, it refers to the ratio of depth to width (depth/width) of patterns to be etched on wafers. A high aspect means this ratio is a high value, which makes it very difficult to manufacture and measure.(4) 3D-NAND structure: A type of non-volatile flash memory. Refers to a NAND flash memory in which memory cells are arranged vertically as well as horizontally to increase storage density.(5) 3D-DRAM structure: A type of volatile memory. A structure in which bits are stored vertically to achieve high density.(6) Footprint: The amount of space taken up by a piece of equipment.(7) Radical: An atom or molecule with unpaired electrons. Characterized by high reactivity.About Hitachi High-TechHitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including manufacture and sales of clinical analyzers, biotechnology products, radiation therapy systems, semiconductor manufacturing equipment, analytical instruments, and analysis equipment. Also, we provide high value-added solutions in industrial fields such as mobility, connected, environment and energy, etc. Through business based on our core Observation, Measurement and Analysis technologies, we will contribute to the realization of a sustainable society by solving social issues.The company's consolidated revenues for FY2023 were approx. JPY 670.4 billion. For further information, visithttps://www.hitachi-hightech.com/global/en/ContactKazuki HigashiyamaProcess Marketing & Planning Dept., Semiconductor ManufacturingSystems Div., Nano-Technology Solution Business Group, Hitachi High-Tech CorporationE-mail: kazuki.higashiyama.wt@hitachi-hightech.com Copyright 2024 JCN Newswire via SeaPRwire.com.
MHI Delivers Final Trainset of Automated Guideway Transit System “2020 Series” to Saitama New Urban Transit
TOKYO, Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has completed the delivery of the final trainset of the "2020 Series" Automated Guideway Transit (AGT) system (Note1) for the "New Shuttle" transportation system operated by Saitama New Urban Transit Co., Ltd. in Saitama Prefecture. A total of six trainsets of the 2020 Series have entered service to date.From FY2015 to FY2020, MHI delivered the first five trainsets of the 2020 Series (six cars per trainset, for a total 30 cars) to replace the existing cars of "New Shuttle". In this sixth and final trainset, inspired by the concept of the 2020 Series, "Bringing brilliance along the railway line with seven jewels," MHI added Blue Sapphire and Chrysoberyl as line colors on the side of the car and on the roof, for a total of seven colors depicting the transport line's radiant future.In addition to superior design that won the Japan Institute of Design Promotion's Good Design Award in 2016 (Note2), MHI has also incorporated improvements such as the addition of wheelchair spaces, enhanced ventilation and heating capabilities to create an even more comfortable riding experience. Furthermore, MHI has made it easier to operate and maintain the carriages, reflecting the opinions of operators collected through the extensive AGT system deliveries in Japan and around the world. By delivering carriages that combine excellent design and environmental performance, MHI will contribute to improve the image of the line.Building on the successful completion of the 2020 Series AGT, MHI Group will continue to deliver AGT systems with excellent design, economic efficiency and capability to reduce CO2 emissions to transportation systems around the world. MHI Group aims to provide solutions to regional issues including economic development and improved transportation convenience, while contributing to the realization of a carbon-neutral society. In addition, as a trusted partner, MHI will continue to provide exceptional solutions combining intelligence and technology.About Saitama New Urban TransportationSaitama New Urban Transit Co., Ltd. is a third-sector enterprise backed primarily by Saitama Prefecture and East Japan Railway Company (JR East). The New Shuttle line was inaugurated in December 1983. It currently encompasses 13 stations (Omiya in Saitama City to Uchijuku in Ina Town) spanning some 13 kilometers. As a transport system linking these suburbs with hospitals, schools and businesses in central Tokyo, the New Shuttle is playing an ever more important role in the lives of local residents. An unusual feature of the New Shuttle line is its minimum turning radius of only 25 meters, enabling S-curve operation through intersections without affecting ambient buildings. The adoption of rubber tires enables low noise and vibration-for minimal impact on the surrounding environment.(1) For more details on the 2020 series AGT System, please refer to the following press www.mhi.com/news/190212.html(2) For details on the 2016 Good Design Award, please refer to the following press release. www.mhi.com/news/1609292012.htmlTags: transportation systemAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.


















