KARIYA, JAPAN, August 28, 2025 - (JCN Newswire via SeaPRwire.com) - Graduate School of Engineering at the University of Tokyo (Dean: Yasuhiro Kato, hereinafter "the University of Tokyo") and DENSO CORPORATION (Headquarters: Kariya, Aichi Prefecture; President & CEO: Shinnosuke Hayashi, hereinafter "DENSO") have jointly established a Social Cooperation Program*1, "Building Sustainable Production System Infrastructure with Advanced AI Technology" as of Tuesday, April 1, 2025.This course aims to further enhance Japan’s strength in lean manufacturing technology*2—a hallmark of its manufacturing industry—by leveraging digitalization and AI technologies, thereby constructing a new operational platform for next-generation production systems. The initiative will focus on systematizing the expertise traditionally handed down by skilled professionals on the production floor and promoting the sustainable evolution of production systems. In addition, by organizing and applying the information collected, the course will contribute to developing human resources for the future of manufacturing by integrating these insights into next-generation manufacturing education.*1 Social Cooperation Program:In the context of Japanese universities, this refers to a specialized course or research program established within a faculty or graduate school, funded and co-developed in partnership with external organizations such as private companies (excluding national research and development agencies). The aim is to jointly address common public-interest issues through collaborative research and education.*2 Lean Manufacturing technology:A production management and on-site operations methodology that achieves highly efficient manufacturing by thoroughly eliminating waste. Lean manufacturing is widely recognized for optimizing processes and maximizing productivity and is a distinctive strength of Japanese manufacturing industries.Conceptual Diagram of Sustainable Production System- BackgroundWhile Japanese manufacturing is distinguished by its strength in lean manufacturing technologies, the industry is currently facing serious challenges such as a declining labor force and difficulties in passing down specialized skills and expertise. To overcome these issues and achieve sustainable growth, it is imperative to accelerate digitalization on the factory floor and leverage AI technologies.Although enormous amounts of data are accumulated daily at production sites, the reality is that this data is not being fully utilized. Furthermore, the expert skills and judgment possessed by experienced workers—often referred to as "tacit knowledge"—are inherently difficult to formalize and transfer, making knowledge succession a significant challenge. In order to dramatically enhance productivity and build resilient production systems capable of adapting to change, it is essential to integrate extensive data with expert knowledge through AI technologies, thereby creating new value for the manufacturing sector.- OverviewProgram Name: "Building Sustainable Production System Infrastructure with Advanced AI Technology"Duration: April 1, 2025, to March 31, 2029Affiliated Department: Graduate School of Engineering, The University of TokyoCollaborating Company: DENSO CORPORATIONResponsible faculty member:Jun Ota (Professor, Research into Artifacts, Center for Engineering (RACE), School of Engineering, The University of Tokyo)Yasushi Umeda (Professor, Department of Precision Engineering, School of Engineering, The University of Tokyo)Tatsunori Hara (Associate Professor, Research into Artifacts, Center for Engineering (RACE), School of Engineering, The University of Tokyo)Kohei Kaminishi (Project Lecturer, Research into Artifacts, Center for Engineering (RACE), School of Engineering, The University of Tokyo)dedicated website: https://denso.fa.race.t.u-tokyo.ac.jp/- Contents of Specific ResearchSystematization of Knowledge on Data Analysis Processes and Logic for Production System OperationsWe will systematize the processes and logic for analyzing operational data obtained from manufacturing sites and translating these insights into improvements, establishing them as reusable knowledge.Extraction of Information from Operational Data and Process/Equipment Models; Analysis and Inference of Causes of Abnormality and CountermeasuresWe will combine detailed operational data such as sensor data and images with models of production processes and equipment and use AI to extract useful information. Based on this, we are developing technology to automatically analyze and infer the causes of production abnormalities and countermeasures.Model and Knowledge Management for the Sustainable Development of Production System Operation PlatformsWe will establish effective model management and knowledge management methods to keep the developed knowledge models and accumulated knowledge up to date, enabling the production system to continuously evolve and develop.Systematization of Research Outcomes and Application to Next-Generation Monozukuri EducationWe will organize and systematize the research outcomes obtained through this course and apply them to the development of educational programs designed to cultivate talent for the future of Monozukuri, where AI and data utilization are essential.We aim to establish methods that contribute to the construction of a sustainable next-generation production system operation platform by combining the University of Tokyo's cutting-edge AI research capabilities with DENSO's manufacturing knowledge and technologies cultivated over many years.Reference 1: To commemorate the launch of this joint lecture series, we will hold a public kickoff symposium to introduce its activities to a wide audience. Through presentations on research topics by lecture series members and panel discussions by speakers, we will examine the future of next-generation production systems.Symposium OverviewDate: Tuesday, October 21, 2025, 2:00 PM – 5:30 PM (Optional Tour: 1:00 PM – 1:50 PM)Venue: Room 51, 1st Floor, Building 5, Faculty of Engineering, Hongo Campus, The University of Tokyo, and online (via Zoom)Participation fee: FreeFor details such as how to apply, please refer to the website of the Research into Artifacts, Center for Engineering (RACE), The University of Tokyo. (https://race.t.u-tokyo.ac.jp/Reference 2: To foster a sense of unity between the University of Tokyo and DENSO, and to encourage deeper empathy with DENSO’s philosophy, the dedicated classroom in Building 5 of the Faculty of Engineering at the University of Tokyo used for this course will be decorated with DENSO’s corporate colors and logo from September 2025 until March 2029, when the course concludes. Copyright 2025 JCN Newswire via SeaPRwire.com.
Overview of Honda Exhibits at the Japan Mobility Show 2025
TOKYO, Japan, August 28, 2025 - (JCN Newswire via SeaPRwire.com) – Honda Motor Co., Ltd. today announced plans to exhibit a wide variety of Honda mobility products, including motorcycles, automobiles, power products and aircraft, as well as related technologies and concept models at the Japan Mobility Show 2025 (Press days: October 29 – 30, Public days: October 31 – November 9, 2025).Honda is planning to share more information about the exhibit in stages leading up to the start of the show. Today, Honda unveiled the concept of the Honda booth and some of the models that will be included in the exhibit, and introduced the outline of Honda exhibits for the “Main Programs” to be organized by the Japan Automobile Manufacturers Association, Inc. (JAMA).Images of Honda booth*Note: Vehicles/exhibits shown in these images differ from the actual exhibits.Honda Japan Mobility Show 2025 special website:http://global.honda/en/japan-mobility-show/2025/Honda to exhibit a wide variety of mobility products and technologies for land, sea and skies created by “The Power of Dreams.”Since its founding, Honda has always been driven by the dreams of Honda associates and creating mobility products using its original technologies and ideas. As a comprehensive mobility company, Honda continues to take on challenges to augment possibilities for people and society through its mobility products and services.At the Japan Mobility Show 2025, Honda will exhibit a wide variety of its mobility products for land — mostly automobiles and motorcycles — as well as mobility products for the sea and skies, which represent Honda dreams realized with its latest technologies.The exhibit will include Honda 0 Series EV models, scheduled for global market introduction in 2026, as well as motorcycle and automobile models which are already on the market. In addition, Honda will bring back the full-size interior mockup of the HondaJet Elite II light business jet, which was exhibited at the Japan Mobility Show 2023, welcoming visitors to step into the mockup to experience the spacious interior of HondaJet.The Honda booth is designed to enable the visitors to experience dream-inspiring mobility products Honda created with its original technologies and ideas while being driven by its own dreams. The complete list of items to be included in the Honda exhibit will be shared toward the end of September, via news release and the Honda Japan Mobility Show 2025 special website.Some of the key models to be on displayAutomobiles:Honda 0 Saloon Prototype – Japan premiereThe Honda 0 Saloon, the flagship model of the Honda 0 Series, is based on the newly developed dedicated EV architecture and will feature a number of next-generation technologies that embody the “Thin, Light, and Wise” development approach of the Honda 0 Series.Honda 0 SUV Prototype – Japan premiereThe Honda 0 SUV Prototype is the prototype of a mid-size EV SUV, which will be the first Honda 0 Series model to be launched to market. By applying the “Thin, Light, and Wise” approach to an SUV, the interior space was further increased, and a spacious cabin was achieved with an outstandingly clear and unrestricted field of view and great flexibility.Motorcycles:CUV e: – Production modelThe Honda CUV e: is a Class-2 category*1 electric personal commuter powered by Honda Mobile Power Pack e: swappable battery.Rebel 1100 S Edition Dual Clutch Transmission – Production modelHonda Rebel 1100 is a large-size cruiser model equipped with a dual clutch transmission.Other Honda mobility products:HondaJet Elite II – Full-size interior mockupHondaJet Elite II is a light business jet that realizes the ultimate ownership experience and comfort, with enhanced performance over the HondaJet Elite and the further pursuit of functional beauty.Honda BF350 Large-size Outboard Motor – Production model Honda BF350 is a flagship model of Honda outboard motors, which combines high power and fuel efficiency while featuring simple and clean styling that suits any boat.Honda to exhibit within the “Main Programs” organized by the Japan Automobile Manufacturers Association, Inc. (JAMA)- Tokyo Future Tour 2035 – Excited about the future of mobility –The Tokyo Future Tour 2035 program is designed to inspire excitement about the future of Japan including how mobility products and services will play important roles in society. Visitors can experience near-future technologies and how such technologies will change people’s daily lives 10 years from now.Honda is planning to exhibit multiple items including the Miimo Series robotic lawn mower models and the UNI-ONE personal mobility device that enables the user to move in all directions simply by shifting their body weight while sitting.- Mobility Culture Program – Excited about mobility products themselves –The Mobility Culture Program, that could not be realized anywhere but the Japan Mobility Show, will focus on various forms of mobility products and the stories behind them — mainly with cars and motorcycles that have long been deeply rooted in people’s daily lives and have continued to bring excitement to many people.Honda is planning to exhibit the McLaren Honda MP4/4, which established the then-record for most wins in a single season of the FIA*2 Formula One (F1) World Championship – 15 wins in 16 races – and won the double crown of the Constructors’ and Drivers’ titles in 1988. The Honda exhibit will also include multiple motorcycle models, such as the NSR 500, which captured the championship in the 500cc class of the FIM*3 Road Racing World Championship Grand Prix in 1994.- Startup Future Factory – Excited about mobility business –The Startup Future Factory program will bring together cutting-edge technologies and unique ideas of startup companies which will shape the future of mobility, showcasing co-creation activities toward next-generation businesses in the mobility industry.Honda is planning to set up a booth dedicated to the Honda IGNITION program, a new business creation program of Honda, which encourages Honda associates to apply their unique technologies and ideas to solve societal issues and create new value for people and society.- Out of KidZania in Japan Mobility ShowThis collaborative program with KidZania, which operates facilities that offer kids realistic role-play opportunities for career and social experiences, will enable visitors in grades 1 to 6 to have fun experiencing various careers related to the mobility industry.Honda is planning to offer interactive content through which visitors will have fun learning about the mechanical structure of Honda UNI-ONE and drafting new business proposals for the utilization of UNI-ONE. JAMA is planning to share more details about each of these programs and exhibits from September onward. *1 The Class-2 category: A category defined by the Road Vehicles Act of Japan as “vehicles equipped with two or more wheels and an engine with total displacement of more than 50 cc and less than 125cc or an electric motor with rated output of more than 0.6 kW and less than 1.0kW.”*2 Federation Internationale de l’Automobil*3 Federation Internationale de MotocyclismeAbout Japan Mobility Show 2025Organizer:Japan Automobile Manufacturers Association, Inc.Dates:Press Days: October 29 & 30, 2025General Public Days: October 31(13:30) – November 9, 2025Venue:Tokyo Big Sight (location: Ariake, Koto-ku, Tokyo, Japan)Official website:https://www.japan-mobility-show.com/ (Japanese)https://www.japan-mobility-show.com/en/ (English) Copyright 2025 JCN Newswire via SeaPRwire.com.
China Everbright Limited Announces 2025 Interim Results
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - China Everbright Limited ("CEL" or "the Company", stock code: 165.HK) announced its Interim results for the six months ended 30 June 2025 ("the reporting period").Highlights of the 2025 Interim Results- Strong Growth: Total income reached HK$2,068 million, representing a significant increase compared with the same period last year;- Turning Around from Loss to Profit: During the reporting period, the Company recorded a profit of HK$650 million, of which the net profit attributable to shareholders of the Company was HK$399 million, successfully turning around from a net loss;- Fundraising Increase: The total assets under management (AUM) of CEL's funds amounted to approximately HK$119.4 billion, with new fundraising amounting to approximately HK$2,741 million;- Successful Exits: The total exits from funds and principal investments amounted to HK$2.018 billionï¼›with a MOIC (multiple on invested capital) of approximately 2.78 times;- Cost Control and Efficiency Enhancement: Enhanced lean management led to a 10% year-on-year decrease in operating costs and a 38% year-on-year reduction in finance costs;- Adequate Liquidity: The Company had cash and cash equivalents of approximately HK$8.1 billion;- Steady Dividend: An interim dividend of HK$0.05 per share for 2025.In the first half of 2025, China's private equity industry entered a more stable stage of development. Leveraging its strengths as patient capital, CEL maintained strategic focus, seized market opportunities with precision, and promptly adjusted its fundraising, investment, management, and exit strategies. By consolidating its core businesses, gradually unlocking value potential, and significantly improving overall operational efficiency, the Company achieved a strong rebound in performance.During the reporting period, CEL realised total income of HK$2,068 million, representing a significant increase of HK$2,182 million from the same period last year. This was mainly due to a significant increase in investment income, which fully demonstrated the Company's sound investment vision and solid foundation in long-term investing. The Company recorded a profit of HK$650 million, of which the net profit attributable to shareholders of the Company amounted to HK$399 million, successfully turning around from a net loss attributable to shareholders of HK$1,282 million in the same period last year, representing a significant improvement in performance.Meanwhile, the Company continued to strengthen its refined management, sustaining healthy and steady business development. During the reporting period, operating costs represented a year-on-year decrease of 10%, with proactive leverage reduction measures implemented. The gearing ratio decreased by 2% compared with the end of 2024, while finance costs fell 38% year-on-year, demonstrating significant results in cost control and efficiency improvement. As at the end of June 2025, the Company had cash and cash equivalents of approximately HK$8.1 billion, representing sufficient liquidity.By concentrating its resources and business focus on high-potential products, the Company further reinforced its core business. During the reporting period, with new fundraising amounting to approximately HK$2,741 million, the total AUM of CEL’s funds amounted to approximately HK$119.4 billion, managing 72 fund products and covering primary market funds, secondary market funds, and fund of funds. During the reporting period, the Company invested in a total of 9 projects and exited, fully or partially, from 46 project.Following the practice of sharing the Company's operating results with shareholders, the Board declared interim dividend of HK$0.05 per share for 2025 (2024 interim dividend: HK$0.05 per share).Business Highlights in the First Half of 2025Firstly, CEL Harnessed the Strengths of Group-Based Operations to Enhance Fundraising SynergyIn the first half of 2025, the Company successfully launched the Huaian Hongze Guangqi Fund and the Xiamen Marine High-Tech Industrial Development Fund, with a total scale of RMB2.5 billion. The Huaian Fund targets growth-stage projects in the areas of new energy, new materials, and intelligent manufacturing, with its first round of capital contribution completed in the first half of the year. The Xiamen Marine Fund is dedicated to incubating and transforming scientific and technological innovations in the marine sector, driving the high-quality development of the marine economy. At the same time, several other funds have been approved and are progressing smoothly, following the established plan.Secondly, CEL Strengthened Core Businesses to Drive Robust Recovery in PerformanceDuring the reporting period, the Company total exits from funds and principal investments amounted to HK$2.018 billion. This include the full exit from Xpeng Motors, DAPU Telecom, and Taboola, alongside partial exit from iSoftStone, Dekon Food and Agriculture, 4Paradigm, and other projects. With a MOIC (multiple on invested capital) of approximately 2.78 times, these exits significantly boosted the DPI of multiple funds, generating substantial returns for LPs. Several listed projects, including Circle, Dekon Food and Agriculture, and NetEase Cloud Music, delivered strong market performance in the first half of the year, making notable contribution to the Company's investment returns. In the first half of the year, secondary market funds expertly capitalised on structural opportunities, achieving impressive investment performance. Notably, the Everbright Convertible Bond Opportunity Fund ranked second among similar funds in Barclays' performance rankings.Thirdly, CEL Anchored Strategy Around Scientific and Technological Innovation, With a Particular Focus on Key Industry SectorsGuided by deep industrial insight and a forward-looking strategic vision, the Company accelerated its investment activity in the first half of the year. It targeted emerging strategic industries such as artificial intelligence, chips and semiconductors, and biomedicine, with a total investment of approximately HK$264 million by funds. We have nurtured and supported a number of technology leaders, including Yangtze Memory and Wuhan Xinxin (both prominent domestic memory chip producers), HengYi Biotech (a company engaged in the research and development of innovative drug for tumors and autoimmune diseases), J-Sensor (astrategic supplier of domestic industrial automation modules and core sensors for new energy vehicles), and Tec-Do (a service provider in the field of big data and BI), among others. These investments reflect our commitment to strengthening China’s science and technology enterprises. Meanwhile, CEL supported excellent sub-funds such as Jinyi Capital and Eastern Bell Capital through its FoF platforms. These FoF investments allow us to fully leverage the advantages of resource amplification, risk diversification, and diversified returns.Fourthly, CEL Optimise Business Management to Unlock Growth MomentumIn the first half of the year, the Company continued to optimise its financing structure and took full advantage of the domestic interest rate cut cycle, issuing RMB3 billion in the first tranche of its 2025 medium-term notes at a coupon rate of 2.09% per annum — the lowest coupon rate in the Company's bond issuance history. During the reporting period, the Company's overall financing cost declined by 133 basis points year-on-year to 3.14%, while its finance costs reduced by 38% year-on-year. Operating costs also recorded year-on-year decrease of 10%, underscoring the solid progress made in reducing costs and increasing efficiency. The Company continued to optimise its risk management framework. CEL advanced the classification of risk assets, reinforced dynamic valuation management, and established a risk monitoring and early warning system, thereby improving the effectiveness of risk prevention and control across the full business cycle.Fifthly, CLE Enhanced Public Services and Upgraded Commercial Consumption.CEL leveraged its industrial strengths to enhance the quality of its products and services, catering to the growing demand for consumer services among citizens. In the commercial consumption arena, EBA successfully launched 18 "IMIX Park" shopping centres across nine cities nationwide,managing approximately 2.6 million square metres in total. These centres created approximately 37,700 jobs, attracted approximately 121 million customer visits, and hosted more than 4,500 tenant merchants in the first half of 2025. During the reporting period, Phase I of the "Zhongguancun ART PARK IMIX Parks", a flagship consumption infrastructure and urban renewal project in Beijing, opened smoothly, significantly upgrading the consumer experience and giving a strong boost to domestic demand.Sixthly, Key Portfolio Companies Maintain Stable Growth with Strong ResilienceThe core business of China Aircraft Leasing Group Holdings Limited (CALC) progressed steadily with remarkable improvements in operating quality and efficiency. The net profit attributable to shareholders recorded a year-on-year increase. As of June 30, 2025, CALC’s fleet reached 181 aircraft, leased to 41 airlines across 22 countries and regions. Everbright Senior Healthcare has been seizing the development opportunities in China's healthcare industry. As of 30 June 2025, Everbright Senior Healthcare has 237 institutions of various types in 49 cities across the country, it managed more than 30,000 beds, with occupancy rates increasing by 1.77%. Meanwhile, Terminus continued to deepen the integration of AI technology across multiple industries, driving intelligent transformation and implementing localised AI applications and digital-intelligent solutions, while receiving multiple authoritative certifications.Seventhly, CEL Strengthened ESG Framework to Promote Sustainable DevelopmentDuring the reporting period, CEL continued to promote the construction of its ESG system. the Company maintained an "A" rating in the MSCI ESG Rating and received the "BEST ESG (S)" award from the Hong Kong Investor Relations Association (HKIRA). The Company earnestly fulfilled its role as a corporate citizen by leveraging its own capabilities, organizing and participating in 46 cultural and social welfare activities in the first half of the year, serving over ten thousand people, and upholding high standards in discharging its social responsibilities.In the first half of 2025, under the strong leadership of the Everbright Group, the guidance of the Board of Directors, and the collective efforts of all employees, the Company achieved significant improvements in operational efficiency and quality, with new drivers of growth continuing to strengthen, resulting in hard-won achievements. As China's economy continues to improve and policy support intensifies, the Chinese private equity industry will embark on a new journey of high-quality development. CEL will seize market opportunities, capitalise on the momentum, and lay a solid foundation for a strong start to the 15th Five-Year Plan. In the second half of the year, CEL will continue to adhere to the overall principle of seeking progress while maintaining stability, continue to focus on revenue growth and cost control, optimise operational management, seize opportunities in key business areas such as fundraising, investment, management, and exit, leverage the cross-border platform and the synergistic advantages of the group, cultivate long-term patient capital, and advance the "five major financial initiatives", through scientific strategic planning, professional investment teams, and rigorous risk management, and continuously create value for shareholders.China Everbright Limited, https://www.everbright.com/en [SHSE:601818][HKEX:00165][OTCPK:CEVIF][OTCPK:CEVIY] Copyright 2025 ACN Newswire via SeaPRwire.com.
Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%
EQS Newswire / 28/08/2025 / 21:11 UTC+8 Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8% [Hong Kong – 28 August 2025] Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as ‘the Group’, stock code: 09911.HK), a leading global social entertainment company, released its interim results for the first half of 2025. Fueled by explosive growth in social networking and innovative businesses, alongside enhanced AI integration, the Group achieved impressive results in the first half, with total revenue increasing by 40.0% year-on-year and profit attributable to the owners of the Company surging by 117.8% year-on-year. Regarding the performance of its business segments, the social networking segment remained the Group’s primary revenue driver. New products such as TopTop and SUGO continued to perform strongly, while flagship products like MICO and YoHo maintained stable profit contributions. The innovative business saw a robust 70.5% year-on-year revenue growth, driven by quality games and social e‑commerce. The MENA region, recognized as one of Newborn Town’s key markets, continued to unlock huge business potential for the first half. Its core social products achieved over 60% YoY growth in business scale during this period. Robust Growth across Financial Metrics boosted by “Social + Innovation” Dual Engines For the six months ended 30 June 2025, the Group achieved revenue from contracts with customers of RMB 3,181million, representing a year-on-year increase of 40.0%. Gross profit reached RMB1,775million, up 55.6% year-on-year. Profit attributable to equity shareholders of the company was RMB489million, reflecting an impressive 117.8% year-on-year increase. Adjusted EBITDA totaled RMB 646 million, demonstrating a 44.0% year-on-year growth. The social networking business continued its steady expansion, generating revenue of RMB2,834million, up 37.0% year-on-year. In particular, the companion-based social networking platform SUGO and gaming-oriented social networking platform TopTop delivered exceptional results, with revenue growth exceeding 100% for both. Meanwhile, profits for SUGO and TopTop grew by over 150% and 100% year-on-year, respectively. Notably, TopTop’s monthly recharge amount has surpassed US$10 million for the first half, making it the company’s third product - after MICO and SUGO - to reach this milestone. This achievement not only reflects Newborn Town’s strength in executing its core strategy of replication but also highlights the significant opportunity in cultivating a ‘bush-like’ product portfolio globally. Revenue from the innovative business segment reached RMB347million, representing a year-on-year increase of 70.5%. The flagship games including Alice’s Dream: Merge Games entered a phase of long-term operation, steadily contributing to the company’s profit. Meanwhile, the social e-commerce platform, Heer Health, achieved profit growth of over 100% year-on-year, further consolidating its leading position in the HIV prevention and sexual health services sectors. Rooted in the Middle East while Expanding Globally: MENA Market’s Business Scale Surges Over 60% The MENA region continued to serve as a strategic market for Newborn Town and unlocked strong commercial potential in the first half of 2025. According to the announcement, the business scale from the Group’s core social networking products in the MENA region surged over 60% year-on-year in the first half of 2025, sustaining the strong growth momentum established in 2024. This success underscores the Group’s long-term commitment to the MENA region and the effectiveness of its refined operational strategies, further reinforcing its leadership in local markets. With multiple flagship products leading their respective categories, the Group is steadily advancing toward its strategic goal of complete market penetration in the MENA region. Newborn Town’s global business strategy continues to evolve, with its social networking business primarily focused on the MENA and SEA regions, while its quality games portfolio targets developed markets such as North America, Japan, and South Korea. SUGO, one of the company’s flagship apps, completed its initial launch in several regions across Latin America and Europe, demonstrating strong market adaptability in both its business model and product design. The first half of 2025 has been marked by both opportunities and challenges across global markets. In this context, Newborn Town’s steady growth highlights the foresight and resilience of its "bush-like" strategy, further demonstrating the company’s strong ability to achieve sustainable and organic growth. Deeper AI Integration Fuels Sustainable Business Growth In the first half of 2025, Newborn Town further integrated AI into its business operations, accelerating R&D efficiency, enhancing operational precision, and significantly improving the user experience of its social apps while optimizing the overall social ecosystem. For example, SUGO achieved significant operational improvements driven by AI, with key metrics like average time spent per user, payment ratio and ARPU steadily showing growth. AI also played a vital role in strengthening the Group’s risk management system in its platforms, fostering a healthy social environment. This has a positive impact on strengthening user trust and satisfaction, improving new user acquisition, and enhancing overall user retention. In addition to its AI integration efforts, Newborn Town has actively pursued the development of AI-powered products. In the first half of 2025, the company launched Aippy, an AI-driven no-code community that enables users to easily build websites, mini-games and other creative content, as well as interact with one another. Designed for users without programming background, Aippy is currently available on iOS. Over the past years, Newborn Town has continued to upgrade its globalization strategy. Following the establishment of its regional headquarters in Riyadh in 2024, the Group officially opened its global headquarters in Hong Kong in June 2025. Looking forward, by leveraging the pivotal role of its Hong Kong global headquarters, Newborn Town will collaborate closely with its global R&D and operation centers to scale its business and create positive emotional value to users worldwide. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 28/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Uni-Bio Science Group Announces 2025 Interim Results
EQS Newswire / 28/08/2025 / 20:01 UTC+8 EPS Surged to 1.27 HK Cents with a Three-year CAGR of 43.1%Robust Revenue Growth Driven by Strong Demand for Bogutai® and Omnichannel Strategy (28 August 2025 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its interim results for the six months ended 30 June 2025 (the “Period”). Key Accomplishments in the First Half of 2025 During the Period, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include: During the Period, the Group delivered solid financial results, with revenue achieved an increase of 13.4% year-on-year (“YoY”) and net profit reaching a record HK$76.0 million, up 12.7% YoY, while EPS increased from HK$0.62 cents in the first half of 2023 to HK$1.27 cents in the first half of 2025, representing a three-year CAGR of 43.1%. The growth this year was driven by the Group’s omnichannel strategy and increasing demand for Bogutai®, along with in the Group’s existing marketed drugs. Meanwhile, the Group strengthened its financial position, with improvements across all key liquidity ratios and overall financial resilience. Since its official launch in March 2024, Bogutai® has steadily built market recognition and sustained growth momentum. Bogutai® has achieved solid progress in clinical uptake and patient enrollment, with over 8,000 new patients and 6,000 returning patients, and establishing a broad and in-depth market network across first- to fourth-tier markets. During the Period, revenue of Bogutai® increased substantially from approximately HK$18.8 million to approximately HK$65.6 million, representing a significant increase of 248.9%. In May 2025, the Group’s second ophthalmology product, 金因康® (Diquafosol Sodium Eye Drops), received marketing approval from the China National Medical Products Administration (“NMPA”), marking a significant milestone in expanding the Group’s ophthalmic portfolio. In July 2025, the marketing application of Isavuconazonium sulfoate capsules was officially accepted by the NMPA, marking a significant milestone for the Group in the field of antifungal treatment. Isavuconazonium sulfoate capsules is expected to be approved for launch in the second half of 2026. In June 2025, the Group officially launched the high-end series GeneQueens™ of 肌顏態® and the medical device brand 金因敷®, marking a key milestone in its strategic expansion into the integrated "Drug, Medical Device, and Aesthetics" field. During the Period, the Group is refocusing its R&D strategy on regenerative medicine. In particular, the Group is in discussions with leading regenerative medicine research institutions in China to establish industry–academic partnerships in this field, aiming to co-develop innovative therapies leveraging growth factors and regenerative medicine technologies, combining complementary strengths to accelerate research and further strengthen the Group’s leadership in biopharmaceutical innovation. Interim Results For the Period, the Group recorded revenue of approximately HK$310.2 million, representing an increase of 13.4% YoY. Revenue of Bogutai® increased substantially from approximately HK$18.8 million to approximately HK$65.6 million, representing a significant increase of 248.9%. Revenue generated from GeneTime® was approximately HK$107.8 million, representing an increase of 18.1% YoY. GeneSoft® recorded a mild decrease in revenue to approximately HK$18.5 million, representing a decrease of 2.1% YoY. Currently, the Group is preparing for GeneSoft® entry into medical insurance coverage, aiming for inclusion by the end of 2025, and providing a strong catalyst for future growth. Pinup® recorded a decrease of 22.7% in revenue to approximately HK$108.9 million for the Period. The Group was re-selected for the centralized procurement in 2024, with a validity period of two years. However, in response to certain local policy changes, the Group adopted a more selective approach to hospital supply. Hospitals in many provinces began procuring Boshutai® in 2025. Revenue from Boshutai® was approximately HK$6.1 million, representing a significant increase of 84.8%. Gross profit was approximately HK$254.1 million, representing an increase of 10.2% YoY, whereas gross profit margin was 81.9% (first half of 2024:84.3%). The decrease in gross profit margin was primarily due to the recent addition of Bogutai®, which is still in the early stages of commercialization and had a relatively low output volume, resulting in higher product costs. Profit for the Period surged from approximately HK$67.4 million in the first half of 2024 to approximately HK$76.0 million, representing an increase of 12.7%. This result reflects the effectiveness of the Group’s strategic focus on operational efficiency, disciplined cost control, and targeted commercial execution, reinforcing its trajectory toward sustained profit growth and long-term value creation. The earnings per share reached approximately HK$1.27 cents, reflecting a growth of 16.5% YoY. Prospects China’s medical device industry is expected to grow at an 8.9% CAGR from 2023 to 2030, fueled by rising chronic diseases and innovation investment. Government policies like “Made in China 2025” and the 2025 “Measures to Support High-Quality Development of Innovative Drugs” promote drug innovation, expanded insurance, faster approvals, and prioritize key therapies, including pediatric, chronic, and infectious diseases. National procurement now favors innovation over price, supporting sustainable healthcare growth. Leveraging advanced synthetic biology, the Group is well-positioned to seize these opportunities and advance regenerative therapies in orthopedics, ophthalmology, dermatology, and medical aesthetics. Looking forward, Mr. Kingsley Leung, Chairman of Uni-Bio Science said, “We are committed to pursuing a diversification strategy to ensure sustainability by driving product innovation and expanding marketing channels and geographical presence. During the Period, we achieved notable breakthroughs in our product portfolio. We received marketing approval of our new ophthalmology product, 金因康®, and antifungal product, isavuconazonium sulfoate capsules. Our medical aesthetic products also experienced a major launch with the introduction of the high-end GeneQueens™ series, along with a new medical device brand, 金因敷®. We have implemented omnichannel strategies to broaden our customer base beyond traditional hospital networks. Our direct sales team works closely with multiple-tier hospitals, while our own flagship stores are established on all major Chinese online sales platforms. We will continue to grow our online presence and expand our distributor network to support offline marketing. Internationally, we are focusing on markets such as the U.S., Middle East, and Southeast Asia. Our FDA application for Bogutai® is progressing, with approval expected as early as 2027, targeting it as our first overseas commercial product. During the Period, we further re-focused our R&D strategy in regenerative medicine. To enhance our core strengths and enter advanced therapies, we established two cutting-edge R&D platforms: the ECO-KSFA® Mini-protein Superfactory, which enables large-scale production of complex-structured polypeptides while significantly reducing costs; and the Biological Hydrogel Technology Platform, designed to incorporate active molecules such as growth factors for enhanced tissue engineering repair. These platforms form the basis of our R&D and will boost our product innovation.” About Uni-Bio Science Group Limited Uni-Bio Science Group Limited is principally engaged in the research and development, manufacture and distribution of pharmaceutical products. The research and development centre is fully equipped with a complete system for the development of genetically-engineered products with a pilot plant test base which is in line with NMPA requirements. The Group also has three GMP manufacturing bases in Beijing, Dongguan and Shenzhen. The Group also has a highly efficient commercialization platform and marketing network. The Group focuses on the development of novel treatments and innovative drugs addressing the therapeutic areas of endocrine such as diabetes and osteoporosis, ophthalmology and dermatology. Uni-Bio Science Group Limited was listed on the Main Board of the Hong Kong Stock Exchange on November 12, 2001. Stock code: 0690. For further information, please contact: ir@uni-bioscience.com 28/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Trio Group (1710.HK) Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy
EQS Newswire / 29/08/2025 / 00:24 UTC+8 [Hong Kong – 28 August 2025] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2025 (“the Period”). During the Period, Europe and North America remained the Group's principal markets, contributing 92.1% of total revenue. Multiple challenges including high interest rates, ongoing geopolitical tensions, and the implementation of revised U.S. tariffs policies led to cautious customer behavior, reducing orders to manage inventories more tightly, while others accelerated expansion to capture emerging opportunities. The divergence in customer behaviour resulted in fluctuations in demand, impacting both order visibility and the overall composition of the Group’s product mix. Amid these dynamics, the Group achieved revenue of HK$404.7 million for the Period, increased by 4% comparing with HK$389.2million for the six months ended 30 June 2024. The revenue increase was primarily driven by higher shipments of smart vending systems, partially offset by softer demand for smart chargers, switch-mode power supplies and electro-mechanical products. Additionally, gross profit rose 12.5% year-on-year to HK$76.1 million, with a gross margin of 18.8%, up 1.4 percentage point compared with last year. Loss attributable to owners of the Company decreased by 42.9% to approximately HK$14.8 million for the Period. The Group has maintained a robust financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$103.6 million, a positive net cash position (cash and cash equivalents minus borrowings) and a current ratio of approximately 2.2 times, which remained the same as at 30 June 2025 and 31 December 2024. To enhance supply chain resilience and to serve end markets more effectively, the Group optimised its manufacturing network through setting up a new factory in the UK. The new UK factory commenced operations during the Period, further strengthening capacity, shortening lead times for European customers and diversifying production risk alongside the Group’s existing facilities in the PRC, Thailand and Ireland. Regarding the business development, the Group continued its strategic diversification into the new energy sector under the “Deltrix” brand, expanding its portfolio from smart electric vehicle (“EV”) chargers to include smart energy storage and smart digital advertising kiosks to capture high-growth opportunities driven by global decarbonisation and energy-efficiency agendas and the shift towards new energy solutions. In alignment of the PRC’s “Belt and Road” Initiative, the Group advanced its Central Asia platform in Kazakhstan. Three model EV charging stations in Almaty served as demonstration hubs integrating smart Deltrix EV charging infrastructure, smart energy storage, smart car wash facilities and smart digital advertising kiosks – forming a comprehensive EV charging ecosystem. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite global economic uncertainties, the Group maintains a stance of cautious optimism due to healthy order backlog in the EMS business and our progressive development in the new energy business. We are advancing its vision of a “Greater Asia New Energy Business Circle” – a strategic network integrating EV charging infrastructure, energy storage, digital advertising and smart service solutions across multiple regions. In Central Asia, we have partnered with Sinooil (China National Petroleum) to deploy EV charging and digital advertising facilities across approximately 140 Sinooil service stations in Kazakhstan. Looking ahead, we will build out a comprehensive ecosystem that combines digital advertising, automated car-wash services and convenience retail to help Chinese enterprises expand their market presence in Central Asia and supports the Group’s objective of becoming a leading outdoor media provider in Kazakhstan. Moreover, we are expanding into Uzbekistan, with plans to build an electric heavy-duty truck manufacturing factory and establish smart charging stations to support the country’s transition to sustainable transportation.” He further mentioned, ‘Beyond Central Asia, the Group is extending its new energy footprint in Southeast Asia, initially focusing on Thailand, the Philippines and Malaysia. Leveraging its expertise in new energy solutions, the Group aims to establish a strong position in these fast-growing markets and plans to manufacture Deltrix-branded electric motorcycles for these markets. This business roadmap aligns with the Group’s long-term commitment to sustainability, technological innovation and value creation for stakeholders. We are well-positioned to capitalise on the opportunities presented by the new energy sector and strengthen our market position for long-term business development." About Trio Group Trio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For more details, please contact: Skye Shum - IR Manager skyeshum@triohk.com.hk PR media: DLK Advisory pr@dlkadvisory.com File: Trio Group 1710.HK Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent Advancing the 'Greater Asia New Energy Business Circle' Strategy 29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
White House Backs RFK Jr.’s Firing of CDC Director Amid Agency Turmoil
White House Press Secretary Karoline Leavitt announced Thursday that President Trump supports Health and Human Services Director RFK Jr.’s decision to dismiss the head of the U.S. health agency responsible for preventing disease outbreaks. This endorsement followed a day of turmoil at the Centers for Disease Control and Prevention, where Director Susan Monarez, a Trump appointee and veteran government scientist, was dismissed alongside other officials. Monarez, whose appointment as the CDC's new head was confirmed by the Senate in July, asserts via her lawyers that her termination resulted from a dispute over the scientific validity of directives issued by Kennedy. Her removal was unexpectedly announced late Wednesday on the Health and Human Services' X social media account. In a statement, Monarez's attorneys, Mark Zaid and Abbe Lowell, claimed she was targeted for refusing to “rubberstamp unscientific, reckless directives and fire dedicated health experts.” They further contended that her dismissal indicates a broader attempt to weaken scientific institutions within the nation for political motives. “It is about the systematic dismantling of public health institutions, the silencing of experts, and the dangerous politicization of science,” their statement read. Leavitt informed reporters that President Trump terminated Monarez after she declined Kennedy's request for her resignation. Leavitt stated, “Her lawyers’ statement made it abundantly clear themselves that she was not aligned with the President’s vision to make America healthy again.” She added, “The President has the authority to fire those who are not aligned with his mission.” CDC's chief medical officer, Deb Houry, along with other senior CDC officials, also resigned on Wednesday. Vermont Senator Bernie Sanders characterized Monarez's firing as a “dangerous” decision, advocating for an investigation into her dismissal and pressing Senator Bill Cassidy, the lead Republican on the Senate's health committee, to convene a hearing regarding her exit. Leaders at the C.D.C. have increasingly found themselves at odds with Kennedy regarding his health policy vision, particularly concerning vaccines. A crucial CDC panel responsible for vaccine recommendations is scheduled to convene in mid-September and may vote on criteria for vaccines to protect against COVID-19, Hepatitis B, MMRV, and RSV, according to a preliminary agenda. On Thursday, Cassidy urgently called for the postponement of the vaccine panel’s next meeting, citing “serious allegations” about the scientific process being followed leading up to it. Cassidy stated, “These decisions directly impact children’s health and the meeting should not occur until significant oversight has been conducted.” Leavitt conveyed that Trump and Kennedy “are committed to restoring trust and credibility to the CDC by ensuring their leadership and decisions are more public-facing, more accountable, protecting our public health systems, and returning the agency to its core mission of shielding Americans from communicable diseases, investing in innovation, and preventing and responding to future threats.” During his first term, Trump himself regularly pushed to accelerate the production of COVID-19 vaccines during the pandemic via the Operation Warp Speed program. Yet, he has thus far endorsed Kennedy's efforts to scale back federal vaccine guidelines and question established scientific consensus concerning the benefits of vaccines, not only for COVID-19, but also for polio, measles, and other diseases. Kennedy Jr. voiced concerns Thursday about potential additional disruptions at the CDC, informing Fox News that the agency is “in trouble and we need to fix it.” He added that some individuals at the CDC “should not be working there any more.” Kennedy became critical of Monarez less than a month after she officially assumed her role. At Monarez’s swearing-in ceremony on July 31, Kennedy had commended her “unimpeachable scientific credentials” and expressed “full confidence in her ability to restore the CDC’s role as the most trusted authority in public health.” His trust in her and her scientific expertise, however, lasted less than a month.
Yorgos Lanthimos’ ‘Bugonia’ Is Severe, But Emma Stone’s Performance Is Flawless
Humanity finds itself in a lamentable state, a condition that Yorgos Lanthimos’s intensely dark comedy, Bugonia—making its debut at the Venice Film Festival—eagerly highlights. Is it not apparent? Many people now shun traditional news sources, instead embracing ever-more bizarre conspiracy theories to validate their existing perspectives. We blindly concede to corporate authority figures even as they exploit us. Individuals once considered rational are increasingly succumbing to irrationality. Furthermore, the film points out the alarming decline of bees, crucial pollinators for one-third of global food production. These circumstances certainly provide ample reason for despair regarding the human condition, yet Lanthimos chooses to articulate his frustration in a distinctly ostentatious and self-congratulatory manner. To borrow from a classic Peanuts strip, Lanthimos possesses a fondness for humankind, but struggles with people themselves. Bugonia commences with a narrative and its two central figures: Jesse Plemons portrays Teddy, a melancholic individual enduring a soul-crushing, mundane occupation, who nurtures a passion for bees, which he keeps in the garden of his slightly dilapidated dwelling. He perceives himself as someone privy to profound truths—having diligently *researched* everything online—and endeavors to educate his impressionable, potentially intellectually challenged cousin, Donny (Aidan Delbis), on his findings. Teddy is consumed by anguish; he witnessed his ailing mother (briefly played by Radhika Apte) endure a supposed medical intervention that ultimately left her comatose, and her suffering has unhinged him. Nevertheless, he has devised a strategy to rectify matters. Together, Teddy informs Donny, they will rescue the world. He puts Donny through a rigorous physical regimen to build strength and subjects him to a form of chemical emasculation, asserting that neither of them must be diverted from their quest by conventional sexual desires. Donny, who harbors hopes of one day "being with someone," is disheartened by this, but proceeds with the plan nonetheless. Teddy’s scheme involves abducting Emma Stone’s Michelle Fuller, the callous CEO of a massive technology corporation that transparently prioritizes profit over people. His motive, however, transcends mere personal retribution. Teddy is convinced that Michelle is an extraterrestrial entity from Andromeda, dispatched to Earth with destructive intentions. Once he and Donny have secured her in their basement—after first shaving her head to prevent the Andromedans from employing advanced technology to track her via DNA—Teddy plans to compel her to summon her mothership, allowing him access to negotiate Earth’s liberation with her alien masters. This description might suggest Bugonia offers a degree of dark entertainment—and indeed, the film features some exaggerated, visceral gore involving exploding bodies—yet Lanthimos deliberately amplifies the story’s raw, brutal aspects. Bugonia is a modern interpretation of Jang Joon-hwan’s 2003 science-fiction comedy *Save the Green Planet.* (Its script was penned by Will Tracy, known for his work on series like *Succession* and *Last Week Tonight with John Oliver,* and for the 2022 culinary satire *The Menu.)* Lanthimos frequently collaborates with actors he clearly values, and for good reason: Plemons and Stone were both featured in his previous film, 2024’s laborious and bleak triptych *Kinds of Kindness. They are undeniably skilled performers who demonstrate a clear understanding of their craft. However, in Bugonia, Lanthimos unleashes his cold, impassive sadism. It is presumably intended to be morbidly amusing to observe Teddy administering 400 volts of electricity through the restrained and gagged Michelle, all while Green Day’s “Basket Case” blares at maximum volume to drown out her cries. Lanthimos and expert cinematographer Robbie Ryan film the scene subtly, allowing sound to convey more than visuals. Yet, should audiences truly desire to witness any character portrayed by Stone—or any actor, for that matter—subjected to such brutality? Lanthimos, it seems, cannot resist. Some will argue that Lanthimos’s films either resonate with you or they don’t, subtly implying that if you recoil from his work, you lack the necessary sophistication. This argument should be dismissed. Lanthimos’s cinematic creations seldom possess the profoundness or significance he appears to ascribe to them. Nevertheless, he remains a filmmaker one cannot entirely dismiss. Occasionally, he delivers a pleasant surprise, such as *The Lobster,* which tenderly explores the somber realities of human loneliness with the wandering grace of a hermit crab seeking refuge, or the fantastical and peculiar *Poor Things,* a magnificent showcase for Emma Stone’s intellect and physical ingenuity. Stone is an audacious, inventive actor. She is capable of anything, but that does not mean she should undertake every role. Her performance in Bugonia is outstanding; she is cuttingly humorous in her portrayal of a ruthless executive, impatiently rushing through the recording of a diversity-training video, and compellingly convincing, with her closely shaven head, as a cunning Joan of Arc determined to outmaneuver her captors. Her true moment of brilliance arrives in the film’s unexpected conclusion, which, largely due to her portrayal, evokes a sense of tenderness and melancholy. Yet, Lanthimos grants us the grace of this ending only after subjecting us to considerable strain, perhaps even a degree of tedium, along the way. The world is far from idyllic, and Lanthimos is sounding the alarm. One merely wishes he would convey a truth we haven't already grasped.
New Trump Tariffs Poised to Drive Inflation, Say Stanford Economists
Effective August 29, the Trump Administration plans to levy duties on consignments valued below $800, a category previously excluded under a de minimis rule. This alteration is set to increase the cost of numerous common products, ranging from sports equipment to small gifts. Lower-income Americans are expected to experience the most significant effects of this price hike. While some observers consider the de minimis exception a loophole needing closure, asserting it permits an influx of inexpensive items into the U.S. without duties, in reality, this policy shift will add another layer of tariffs to an existing detrimental trade strategy, thereby exacerbating inflation. Essentially, this choice exacerbates an unfavorable policy with another, based on the erroneous belief that such actions are justifiable. Rather than imposing higher duties on smaller consignments, the Administration ought to reduce tariffs on larger ones, which would decrease prices, broaden consumer options, and enable Americans to gain from international trade benefits. The de minimis exception began in the past, initially exempting parcels under $1 to "prevent costs and difficulties for the Government." Gradually, this threshold was raised to its present $800. Following its temporary suspension during Trump’s “Liberation Day” announcement in April, the Administration restored the de minimis provision in early May for all trading partners except China. With the rise in the de minimis exception limit, an increasing number of businesses have utilized this provision; last year, more than 1 billion packages entered the U.S. through the de minimis exemption. However, due to the small size of these consignments, averaging just $47.50 in value, de minimis imports constituted only 2% of the approximately $3.2 trillion in total imported merchandise. Advocates have attempted to validate the Administration’s extensive tariff program by claiming these duties will invigorate American manufacturing and generate significant government income. Nevertheless, a considerable number of products affected by this policy shift—like footwear, plastic playthings, and rain coverings—are not economically sensible for our nation to produce. Is it truly believed that our industrial foundation can be rebuilt by manufacturing $6 sandals? Furthermore, while the de minimis exemption encompasses numerous items, the low value of these consignments means the tariff revenue generated will be relatively small. In spite of the administration’s stated commitment to government efficiency, this policy adjustment risks becoming a bureaucratic quagmire. U.S. Customs and Border Protection (CBP) has not addressed several critical implementation details, including the methods for collecting these customs fees and the data businesses will need to provide. Consequently, various shipping providers, such as, have initiated a halt on transporting commercial parcels to the United States, and the postal agencies of more than 30 nations, including the United Kingdom, Germany, India, and Singapore, have indicated intentions to temporarily pause shipments awaiting clearer guidance. Apart from these operational challenges, imposing tariffs on consignments valued under $800 will unfairly affect America’s most financially vulnerable households. Lower-income Americans acquire a greater proportion of items typically covered by de minimis exemptions, making them more susceptible to the price escalations resulting from this policy modification. Moreover, even individuals who do not buy imported products will suffer due to what economists term tariff spillovers. Previously, under the de minimis exemption, inexpensive imports exerted downward pressure on market prices. With the termination of this exemption, such price restraint will diminish, leading to a general rise in prices. Some might contend that removing the de minimis exception creates a fairer competitive environment among retailers. Indeed, it is accurate that specific retailers like Amazon and Temu have developed business models substantially dependent on the de minimis rule, gaining a competitive edge over those retailers obliged to pay tariffs on bigger consignments. However, abolishing the de minimis exception rectifies the competitive landscape incorrectly. Rather than increasing tariffs on smaller shipments, the Administration should instead reduce duties on larger ones. The elimination of the de minimis rule is projected to lead to increased bureaucratic difficulties and elevated costs, without providing equivalent advantages to local industries or achieving significant deficit reduction. Furthermore, retaining the de minimis exception represents only an initial stride towards sensible policy; lawmakers should reverse existing tariffs to enable Americans to enjoy the reduced prices and broader selections available through international commerce.
Task: Another Excellent Crime Drama from the Creator of Mare of Easttown
Typically, crime dramas, especially in today's fast-paced world, introduce their central crimes early, often with a murder occurring within the first five minutes. This is one of the unspoken conventions that HBO’s Task, premiering on Sept. 7, intentionally deviates from. The series, from Mare of Easttown creator Brad Ingelsby, commences with a sequence of ordinary moments depicting the lives of two individuals. A fatigued Tom Brandis (Mark Ruffalo) is shown in prayer, submerging his face in cold water, and taking Advil while driving. Meanwhile, a robust Robbie Prendergrast (Tom Pelphrey) carries his sleeping son to bed, prepares a large cup of coffee, and reacts to a dating app advertisement on the radio. These sensitive, parallel depictions serve to introduce the characters, whose similar situations and contrasting decisions constitute the series’ primary focus, rather than any homicide or enigma. Resembling Mare of Easttown, yet with a somewhat more sophisticated narrative structure, Task employs the framework of a detective story and the particularity of its rural Pennsylvania backdrop to delve into fundamental human dilemmas. While the earlier series highlighted the numerous ways women bear the burden of holding families and communities together (a theme also present in this new series), Ingelsby’s newest work meticulously examines themes of guilt, vengeance, and absolution. The two main characters of Task operate on different sides of the legal system. Robbie, still grieving a year after his wife departed, leaving him with their two children, is employed in sanitation alongside his close friend, Cliff (Raúl Castillo). Lately, they and another friend have been rendezvousing at night to commit robberies at trap houses. To prevent recognition by their targets, primarily members of a biker gang known as the Dark Hearts, the men wear Halloween masks; they display firearms but refrain from using violence. In the spectrum of felonies, the non-lethal armed robbery of drug dealers initially appears to be a lesser offense—until one victim manages to catch a glimpse of an attacker's face. At that moment, Robbie and his associates unexpectedly become involved in a murder. Tom, an experienced FBI agent assigned to recruitment fairs following the death of his wife, is selected to lead a specialized unit tasked with investigating these offenses. (This explains the series' uninspired name.) His team, assembled from various local law-enforcement agencies, comprises largely inexperienced members. Anthony (Fabien Frankel) engages in pleasant conversation, while Aleah (The Underground Railroad star Thuso Mbedu, deserving of more roles like this) maintains a serious, professional demeanor. Lizzie (Alison Oliver), a recently divorced young woman, appears to be struggling. Concurrently, Tom’s adopted son, Ethan (Andrew Russel), is incarcerated awaiting trial; Tom and his teenage daughter, Emily (Silvia Dionicio), who is Ethan’s biological sister, face the difficult choice of whether to stand by him in court despite the profound anguish he has inflicted upon their family. Although numerous parallels between Tom’s and Robbie’s lives become increasingly evident throughout the series, their most significant connections are discernible from the outset. Both individuals are devoted fathers who deeply cherish their children but have become somewhat adrift since the loss of their wives. (Tom’s coping mechanism involves excessive drinking, contrasting with Robbie’s criminal actions.) Contradicting their apparent tough personas, both also possess an unusual degree of gentleness, thoughtfulness, and vulnerability. The way these conflicting traits merge into credible characters is a testament to the performances of Ruffalo and particularly Pelphrey, whose poignant rendition of phrases such as “I need a life companion” possesses the power to deeply move the viewer. Occasionally, Task may excessively underscore the parallels between its two central figures, though Ingelsby’s thoughtful considerations never undermine a narrative that thrives primarily due to its intricately developed characters. This is not presented as a simple dichotomy of heroes against villains. While antagonists certainly materialize, the true, more uncommon, and less foreseeable conflicts arise from the internal battles of individuals whose commendable intentions collide with dire circumstances. This approach frees the series from the conventional crime-investigation-arrest narrative arc common to the genre, without diminishing its suspense. Instead, episodes are driven by escalating tensions surrounding the difficult decisions characters are compelled to make. It is straightforward to act virtuouslyuntil one is wronged. How does an upright individual react when those they hold dear are harmed? It is noteworthy that in a series extensively exploring male responsibilities and relationships, a considerable number of the richly complex characters are female. Similar to Mare of Easttown, young women are often compelled to mature prematurely due to the choices made by the men in their lives. Robbie has taken residence in the home of his deceased brother, whose 21-year-old daughter, Maeve (portrayed excellently by Emilia Jones), would depart the town immediately if her family were not dependent on the exhaustive domestic duties she carries out. Emily finds herself conflicted between the sense of obligation she feels towards Tom for adopting her and her loyalty to Ethan. Both Lizzie and Aleah possess greater depth than initially presented (though a more extensive exploration of Aleah’s personal life outside of her profession would have been welcome in Task). Task defies conventional expectations without adopting a judgmental tone. It recognizes that individuals who commit violent crimes can possess benevolent natures, that figures in law enforcement leadership may be as morally compromised as leaders of biker gangs, and that on occasion, following a tragic event, simply penalizing the individual ostensibly responsible does not always equate to true justice. In a nuanced yet profound declaration, particularly in an era where many Americans instinctively categorize strangers based on political affiliations, the series refrains from stereotyping its characters according to their social group. Tom, a former priest turned FBI agent, is portrayed as far from a perfect individual; indeed, such a depiction would render him uninteresting. The program’s focus on leniency, rather than justice as prescribed by an imperfect legal framework, aligns with Tom’s spiritual beliefs and the compassion it extends to every character. Even if characters cannot escape the repercussions of their most regrettable choices, they are able to strive to prevent those decisions from ultimately defining who they are.
The Dawn of Japan’s Populist Era
Japanese politics, traditionally stable, have seen the center-right Liberal Democratic Party (LDP) govern nearly uninterrupted since 1955. However, the LDP's hold on power appears to be weakening, as Japan increasingly shows vulnerability to the populist trends observed in most other affluent countries. Last week, LDP officials convened to deliberate internal matters, coinciding with increasing demands for the incumbent Prime Minister's resignation. Momentum for his removal escalated after last month's Upper House elections for the national Diet, where the LDP faced challenges amidst significant gains by Sanseitō, a right-wing "Japanese First" party disseminating conspiracy theories. Sanseitō is spearheaded by Kamiya Sohei, a 47-year-old provocateur who describes himself as a "mini-Donald Trump." He has championed an agenda centered on anti-globalization and xenophobia—topics previously unpoliticized in a nation that greatly prospered from the post-war liberal international order and maintains a largely homogenous society. Saya, a singer-turned-Sanseitō candidate, advocated for mandatory conscription and the development of nuclear weapons—proposals typically anathema in a country deeply affected by the Hiroshima and Nagasaki bombings. She asserted, "Nuclear armament is one of the most inexpensive and effective measures to ensure safety," before the election. While such statements would have once been political suicide in pacifist Japan, her rallies were well-attended, and party volunteers actively distributed flyers and engaged with the public. Her campaign demonstrated an unparalleled level of grassroots mobilization. Sanseitō, which emerged during the COVID-19 pandemic, secured 7.4 million votes last month, making it the third-highest-polling party—significantly surpassing Komeito, the LDP's coalition partner, which received 5.2 million votes. Despite this, the party garnered a comparatively modest 15 seats in the Upper House and three in the more influential Lower House. This rapid five-year ascent is remarkable and suggests further growth may be anticipated. This rise is partly attributable to Kamiya's ability to capitalize on widespread discontent in Japan, particularly among those under 50 who are dissatisfied with the current state of affairs. A significant portion of the workforce remains in precarious, low-wage irregular employment, while wages have stagnated, and inflation has driven up prices due to Japan's substantial reliance on imports. These conditions have created an environment conducive to blaming foreigners, who now constitute approximately 3% of the population. While this percentage is relatively low for an affluent nation, it has increased considerably over the last decade, coinciding with a record surge in tourism in 2024. This occurs in a society where foreign presence was uncommon until recently. Against this backdrop, numerous younger Japanese express growing resentment over contributing high taxes to fund pensions and healthcare for the comparatively affluent older generation. This grievance has steered them towards proponents of change rather than the established mainstream parties. Certainly, traditional parties secured far more seats than this new entrant; however, all political factions are now hurrying to define their stances on immigration, largely in reaction to Sanseitō's rise. Within the LDP, some attribute the party's challenges to Ishiba's perceived moderation, suggesting it alienated right-wing voters and pushed them towards Sanseitō. Indeed, Sanseitō is an ultra-right party characterized by a stern ethno-nationalism. Nevertheless, a key asset for Sanseitō is Kamiya himself, who effectively connects with voters emotionally and seems to genuinely heed and address their concerns, unlike many other politicians. While some of his supporters may not fully endorse his extensive hard-right platform, they are drawn to his vibrant personality and have found a political home in his burgeoning party. Concurrently, Sanseitō and Kamiya are facing intensified media examination, and competing parties could easily enhance their own strategies. Earlier this month, a widely shared satirical piece severely ridiculing Sanseitō indicated a potential for curbing its growth. Furthermore, the LDP has a history of adopting positions from opposition parties. Sanseitō also confronts significant hurdles in establishing and maintaining a national movement, including Kamiya’s unpredictable and authoritarian leadership style. Some party members have voiced apprehension regarding its conspiracy theories and revisionist interpretations of Imperial Japan’s wartime past. Although the recent populist wave first gained traction in the U.S. and Europe, Japan largely maintained its centrist political stability, which many considered uneventful. However, the phenomenon of populism has now emerged in Japan, marking an irreversible change. A period characterized by increased division and confrontation appears imminent. The previous era of stability now seems far more appealing.
European Leaders Denounce Putin’s ‘Bloodshed’ Following Russian Attacks on Kyiv’s E.U. Mission and British Council Buildings
Kyiv's E.U. Mission and British Council premises sustained damage on Thursday following a lethal drone and missile assault by Russia on the Ukrainian capital. Tymur Tkachenko, the head of Kyiv’s Administration, reported that these strikes resulted in the deaths of at least 15 individuals, among them four children. U.K. Prime Minister Sir Keir Starmer condemned the "senseless" attacks, alleging that Russia was "sabotaging hopes of peace." He pleaded, "Putin is killing children and civilians... the bloodshed must cease." U.K. Foreign Secretary David Lammy reiterated Starmer's position and confirmed that they "have summoned the Russian Ambassador." Ursula von der Leyen, President of the E.U. Commission, denounced the attacks, which marked the first time the E.U. delegation had been hit. She stated, confirming the safety of E.U. mission staff, "Another night of Russia’s ceaseless bombardments targeted civilian infrastructure and claimed innocent lives... Russia must immediately halt its indiscriminate attacks on civilian infrastructure and engage in negotiations for a fair and enduring peace." António Costa, President of the European Council, expressed his "horror" at the assault and firmly stated that the "E.U. will not be intimidated." He pledged, "Russia's aggression only reinforces our commitment to stand in solidarity with Ukraine and its people." It was confirmed that its offices had "suffered considerable damage" due to the strikes and would remain closed indefinitely. TIME requested additional comments from the British Council. An update released on Thursday morning indicated that Russia launched approximately 598 strike drones into Ukraine overnight into the early hours, alongside 31 missiles of various types from launch sites including Kursk and other areas. Tkachenko reported "significant damage to residential buildings in the Darnytsia and Dnipro districts," specifically mentioning a five-story residential block in Darnytsia that was "directly hit" and destroyed. Search and rescue efforts are ongoing in the Darnytsia district, located in the city's west. Following the volley of strikes, Ukrainian President reiterated his appeals for more stringent sanctions against Russia. He declared, "It is now imperative that the world reacts decisively. Russia must cease this war it initiated and persists with. Given its rejection of a cease-fire and continuous efforts to evade negotiations, new robust sanctions are essential." The Russian Ministry of Defence stated that it had targeted sites "within Ukraine's military-industrial complex" and that "all designated objectives were struck." The Ministry also reported intercepting and destroying 102 Ukrainian drones within Russian territory overnight. Yury Slyusar, acting Governor of the Rostov Region, indicated that 21 drones were neutralized in the Samara and Rostov regions, leading to the reported evacuation of 89 residents due to the "threat of detonation." Russia's intense attacks on Ukraine follow a " " summit earlier this month in Alaska between U.S. President Donald Trump and Putin. This meeting, the first direct encounter between Trump and Putin, aimed to facilitate discussions on a potential cease-fire, but concluded prematurely and, significantly, without any agreement. Subsequently, Trump met with Zelensky and prominent European leaders, including Starmer, at the White House to deliberate on potential next steps. Concurrently, Zelensky’s European allies are prepared to "escalate pressure" on Russia. Starmer stated in mid-August, "We are indeed ready to increase pressure on Russia, especially on its economy, through sanctions and broader measures as deemed necessary." He added, "It's vital that we all persist in collaborating with Presidents Trump and Zelensky for a just and lasting peace in Ukraine."
TIME Announces the 2025 TIME100 AI List, Featuring the World’s Most Influential People in Artificial Intelligence
Today marks the unveiling of TIME's third annual TIME100 AI roster, spotlighting the one hundred most impactful individuals in the field of artificial intelligence. The 2025 TIME100 AI edition features a global cover, showcasing a unique photo illustration crafted by artist and list honoree, Refik Anadol. For this cover, TIME provided Anadol with over 5,000 historical TIME covers, enabling his AI to envision a new cover specifically for the TIME100 AI issue. The resultant abstract visual encapsulates the AI "dreaming" through a century of TIME's visual heritage, as Anadol conveyed to TIME. Explore TIME's discussion with Anadol regarding his creative methodology. Accompanying the TIME100 AI are extensive profiles and conversations with prominent figures such as Cloudflare CEO Matthew Prince, Asteria Film Co. co-founder Natasha Lyonne, OpenAI Head of model behavior Joanne Jang, and IASEAI co-founder Stuart Russell. –View the complete 2025 TIME100 AI list: –Discover the TIME100 AI cover, featuring the photo illustration by Refik Anadol: In compiling this prestigious list, TIME’s editorial and reporting teams dedicated several months to researching potential candidates, gathering input from industry leaders and numerous expert sources. This meticulous process culminated in a selection of 100 leaders, innovators, architects, and visionaries actively shaping our AI-driven future. Access the full TIME100 AI list here: ‘TIME100 IMPACT DINNER’ TO CELEBRATE LEADERS ADVANCING THE FUTURE OF AI**: On October 13th in San Francisco, TIME will host the *TIME100 Impact Dinner: Leaders Shaping the Future of AI*. This event aims to celebrate leaders, innovators, and forward-thinkers who are influencing the future of artificial intelligence, including those recognized on the 2025 TIME100 AI list. The evening will include discussions exploring AI’s influence across various industries and society, featuring list members who are instrumental in guiding this transformative technology. The *TIME100 Impact Dinner: Leaders Shaping the Future of AI* is proudly presented by Premier Partner PepsiCo, with additional support from Signature Partners Cognizant, General Catalyst, and Qualcomm Technologies, Inc.. ###
Refik Anadol’s AI Creates 2025 TIME100 Cover: A Behind-the-Scenes Look
This year's TIME cover was created by artist Refik Anadol, who is also featured on the TIME100 AI list. Anadol trained his studio's AI using TIME's archive of over 5,000 covers from the past century. The resulting abstract artwork, with Anadol's signature flowing, molecular style, depicts the AI's "dream" of TIME's visual history, according to Anadol. Anadol and his team developed a modular multimodal AI system, the "Archive Dream," through extensive research and collaboration. Anadol's studio states that the model was trained on a large, ethically sourced dataset of the natural world, incorporating over half a billion images from organizations like the National Geographic Society, the Smithsonian Institution, and London's Natural History Museum, along with data from 16 rainforests. Anadol, whose work has been shown at MoMA in New York, London's Serpentine Galleries, and the Guggenheim Museum Bilbao, collaborated with tech companies Nvidia and Google Cloud, which provided computing resources. Models like Meta's Llama and Google's Gemini also play roles in the system. The AI model analyzed each TIME cover, extracting thematic and historical data, which was then used as a prompt. Anadol explained that they operated the system in two modes: "future cover" and "archive dream." The first mode aimed to use "the patterns of the past hundred years to generate pathways to hopeful futures," envisioning hypothetical covers featuring future heroes who might use AI to solve historical problems. Some covers featured people in jobs that don't yet exist, such as a "symbiotic architect" or a "chief memory curator." Anadol asks, "Can we use AI to dream new jobs? Can we use AI to find solutions to problems we created?" While these imagined futures influenced the project's concept, the final cover was created using the "archive dream" mode, representing a synthesis of TIME's archive filtered through Anadol's artistic vision. The core image was AI-generated, while details like the text, gallery context, and Anadol's silhouette were human-directed, creating a "true human-machine collaboration," he says. The cover can be viewed as a looping video online. Although the work is reminiscent of his 2022 exhibit, "Unsupervised," at MoMA, which attracted nearly three million visitors, Anadol states that the conceptual and technical foundations of each project are different, representing different approaches to machine-driven creativity. The goal for MoMA was for the system to develop its own aesthetic logic. For TIME, Anadol wanted his naturalist system to respond to human history. "Ultimately, this project is an invitation. The future is not a fixed destination to be afraid of, but a fluid reality we can actually shape," he says. In 2023, "Unsupervised" became the first artwork tokenized on blockchain to be added to MoMA's permanent collection. Anadol views his feature on TIME's cover—an "iconic canvas"—as another significant moment, suggesting that "the TIME cover can be another museum." ```
Hurricane Katrina, Two Decades On: Our Lessons Learned.
Historically, disasters were often viewed as divine acts—their destructive outcomes seen as tragically unavoidable. Then came Hurricane Katrina in 2005, and the world observed the unfolding of a man-made catastrophe. While the storm itself was a natural phenomenon, its wide-ranging impacts—including destroying or severely damaging over 1 million homes, displacing a vast number of people, and resulting in at least 986 incidents in Louisiana—were not. Nevertheless, New Orleans, against significant odds, shows potential to lead in innovative, cross-sectoral solutions for climate resilience, even as the federal government's disaster management approach appears to be receding. August 29 marks two decades since Hurricane Katrina ravaged the Gulf Coast. In light of this, my team and I have been assessing resilience in the New Orleans metro area, reflecting on twenty years of recovery and progress following Hurricane Katrina. New Orleans has achieved significant advancements in reorganizing its institutions and cultivating a more varied and entrepreneurial economy. The metropolitan region has allocated resources to upgraded levees and modifications to its flood control and other municipal water infrastructure, thereby lessening flood risks for numerous communities. Furthermore, the city has substantially boosted secondary education enrollment and internet access to align with national averages, while also nurturing the growth of new sectors like health care and the performing arts. Collectively, these enhancements have contributed to strengthening New Orleans' resilience, both as a city and as a community. Key Insights from Hurricane Katrina This is not to suggest that the region is without considerable challenges. New Orleans is far from perfect—specifically, the metro area remains neither affordable nor entirely safe for everyone. Poverty rates significantly surpass the national average, job and wage growth have been sluggish, many residents continue to bear health burdens from petrochemical refinement, and wealth inequality across racial and income lines is still conspicuous. Importantly, these issues should not be viewed as a lost cause; instead, they represent an opportunity to engage with residents in re-imagining how the metropolitan area can enable communities to thrive in an unstable climate. Nonetheless, in contrast to 2005, our country's response to recent calamities is causing us to regress, thereby making Americans less secure. While Hurricane Katrina prompted substantial changes in our national disaster management framework, raising the Federal Emergency Management Agency (FEMA) to a cabinet-level position and prioritizing social vulnerability in disaster response, the Trump Administration’s policies have entailed reduced access to weather and climate data, meteorologists, and fewer resources for building resilience. We are perilously close to reverting to the old, pre-Katrina narrative: that disasters are a tragic yet routine reality, and mitigating their effects is an individual duty rather than a governmental responsibility. Today, as in 2005, the manufactured nature of disasters is unmistakable: FEMA initially denied disaster declarations in St. Louis after tornadoes devastated low-income, Black-majority neighborhoods; officials reportedly ignored calls from survivors when floods surged through Central Texas; and the focus on water access disputes, rather than the immediate needs of survivors, took precedence following the Los Angeles fires. It appears we have neglected to grasp Hurricane Katrina's paramount lesson. While Katrina originated as a natural event, its consequences were decidedly unnatural. The most severe repercussions of the storm were not exclusively experienced by residents directly in its path, but disproportionately by those already burdened by existing social and economic hardships, including the uninsured, individuals facing housing insecurity, impoverished families, and those in poor health. These compounding factors intensified the disaster’s effects and prolonged the recovery period. Strategies for Fostering Resilience In many respects, our study of metropolitan New Orleans offers a case study for fostering resilience in both urban and rural communities nationwide. Over the past two decades, the climate has undergone a literal transformation. Consequently, a greater number of communities in an expanding array of regions are now more vulnerable than they have ever been previously. Furthermore, these communities are predominantly more susceptible socially and economically. At a macroeconomic level, income inequality has widened, poverty and rental insecurity have risen, and advancement on racial equity indicators, such as the Black-white wealth gap, has regressed. Resilience represents a crucial concept that communities nationwide should strive for in these increasingly volatile times. Its fundamental principle is precisely what one would anticipate: the capacity of a family or community to recover following a disruption like a hurricane or an economic downturn. However, the concept extends further. Resilience encompasses systems and their interconnections—including local economies and job markets, community organizations and civic support networks, and even natural ecosystems like wetlands. The interplay among these systems—and whether their effects are mutually reinforcing—is what establishes a region’s resilience by building a series of safeguards. Crucially, the most vital element of resilience is the capability for continuous learning and transformative change. A genuinely resilient community actively promotes the capacity to permanently mitigate disaster risks, rather than merely facilitating a return to the identical pre-disaster condition. Attaining such adaptation necessitates systemic alterations, including the formulation of new social and economic policies designed to lower family expenses and bolster access to vital services. The repercussions of Hurricane Katrina were profoundly uneven, on a scale unprecedented in previous tragedies, vividly illustrating how systemic inequities, including those based on race and income, magnify disaster impacts and influence the subsequent response and recovery processes. New Orleans' post-Katrina investments in resilience can serve as a crucial reminder for other disaster-prone U.S. cities on how to prepare for the extreme weather events and disasters that climate change is intensifying.
The Selection Process for the 2025 TIME100 AI
Today marks the publication of the third annual edition of the , our comprehensive overview of the most influential individuals in artificial intelligence. This list was first introduced in 2023, following OpenAI’s release of ChatGPT, a pivotal moment when many recognized AI’s capacity to rival and surpass human abilities. Our objective was to demonstrate that AI's future trajectory would be shaped by people—innovators, advocates, artists, and all those invested in this technology’s evolution—rather than by machines alone. TIME's goal is to serve as your reliable guide throughout this transformative period. This year’s list further underscores our focus on people. A major AI narrative in 2025 has been the fierce competition for talent. Investors have channeled hundreds of millions into startups, reflecting the perceived worth of founders, and leaders of major tech companies, such as Meta’s , have reportedly extended nine-figure offers to recruit highly sought-after technologists. These hires, often accompanied by intense rumors, have transformed the previously niche competition for AI researchers into something akin to professional sports free agency. The stakes in this race are so high that leading researchers are courted much like NBA All-Stars. (Notably, two of Zuckerberg’s significant hires, , are also featured on the 2025 TIME100 AI alongside him.) Since the launch of the TIME100 AI, spending on AI-related technologies has surged, making it a critical engine of the global economy. While it's too early to determine if this trend is beneficial or detrimental, investment in computer-processing equipment is currently expanding at nearly four times the rate of GDP. A computer scientist and 2025 honoree estimates that the projected expenditure could be 25 times the amount spent on the Manhattan Project, even when adjusted for inflation. This represents an unprecedented deployment of capital, and the decisions regarding its allocation are being made by many individuals who are part of this year's TIME100 AI community, including Softbank CEO , OpenAI CEO , xAI founder , the White House AI Czar , and the E.U.’s . Also in this issue, we highlight how the decisions made by these individuals are transforming not only the technology industry but also our daily lives and potentially the strategies for future conflicts. Justin Worland and photographer Elliot Ross journeyed to Atlanta to illustrate how physical spaces, such as data centers, which enable AI, are . Meanwhile, Billy Perrigo reports from Paris on the significant implications and inherent risks associated with the intense pursuit of artificial general intelligence. Behind the Cover: The AI industry is evolving at a rapid pace. (Only 16 of the TIME100 AI honorees have appeared on previous lists, which were overseen by Ayesha Javed.) As AI becomes more integrated into our lives, the number of voices cautioning about its developments has also grown. These critical voices are recognized on this year’s list, including , researcher , and French Minister . The list also features artists who are pushing the boundaries of what's possible and exploring the synergy between humans and AI, such as , who designed this issue’s cover image, and actor . "I understand the excitement that AI ignites in people. Life is daunting," Lyonne shared with TIME. "The reality is, it's upon us. I believe it's best we embrace it." TIME is also actively embracing this evolution. In addition to fostering the TIME100 AI community, we are expanding our team of reporters dedicated to covering the individuals and concepts driving AI. Some of their work can be found in a new newsletter, "[Newsletter Name]," authored by Perrigo and Andrew R. Chow. We are also exploring how AI can enhance the distribution of TIME’s coverage. Our collaborations with AI companies like OpenAI have helped establish TIME as one of the most frequently cited sources of information on platforms such as ChatGPT. Furthermore, this summer, in partnership with Scale AI, we introduced our first AI audio briefings. We are eagerly anticipating the debut of the TIME AI Agent soon, which is designed to deliver the most interactive and personalized reading experience ever for TIME’s trusted reporting.
Ramin Seyed, Visionary Iranian Event and PR Manager, Generates Global Headlines
From prestigious red-carpet occasions to prominent global media platforms, Ramin Seyed is establishing new benchmarks in luxury event management, celebrity brand development, and worldwide public relations approaches.Al Qusais, Dubai Aug 28, 2025 – Ramin Seyed, an innovative Iranian Event and PR Manager, along with a Global PR Strategist, consistently holds a prominent position in the worldwide event and media landscape. Known for his expertise as a Luxury Event Organizer and Celebrity Event Planner, he brings more than two decades of experience collaborating with renowned celebrities, international companies, and influential public figures. The events he orchestrates have garnered significant global media attention, solidifying his standing as a major influence in high-end global branding and international strategic marketing. Seyed established and creatively directs the HERQUL - German Boxing Awards, recognized as a leading sports awards event across German-speaking territories, and also the Golden Swing, an innovative concept that seamlessly integrates premier athletics, celebrity presence, and high-fashion elements. Both undertakings have secured extensive media coverage from leading European publications such as RTL, Bild Zeitung, Bunte, and Gala, reinforcing his status as a distinguished VIP event planner and a notable personality within the European red-carpet circuit. His impact reaches well beyond the European continent. In Dubai, events orchestrated by Seyed for celebrities have united international luminaries, business leaders, and influential media figures, with their launches featured in the Khaleej Times and major global lifestyle publications. His aptitude for combining significant networking opportunities, engaging entertainment, and international brand strategy has ensured his projects achieve distinction in fiercely competitive global arenas. For September 2025, Seyed is scheduled to host an exclusive VIP lifestyle gathering in North Cyprus, anticipated to draw leading influencers, distinguished attendees, and considerable international media spotlight. This initiative further exemplifies his consistent success in developing events that provide not just entertainment, but also enduring brand advantages for all participants and sponsors. Acting as an esteemed PR mentor, Seyed has provided career guidance to various artists, athletes, and corporate executives. His specialized skill involves crafting compelling stories that attract global media interest, forge strategic brand collaborations, and establish sustained public presence. About Ramin For more than twenty years, Ramin Seyed has transformed the confluence of event planning, media engagement, and brand strategy. As an insightful talent discoverer and an inventive power, he collaborates with international celebrities, companies, and opinion leaders to forge enduring legacies, moving beyond mere fleeting occasions.Media ContactRamin Seyed+971 56 611 7797Source: Ramin Seyed
Color2Color Painting Pty Ltd: Melbourne’s Trusted Choice for Home Transformation
MELBOURNE, Australia – August 28, 2025 – A fresh application of paint possesses the power to completely revitalize the appearance and atmosphere of any home. For residents actively searching for "painters near me" or considering a home refresh, Color2Color Painting Pty Ltd stands out as a locally trusted provider. This reputable Melbourne painting company is recognized for delivering consistent, high-quality service, competitive pricing, and impeccable finishes. Their skilled team is dedicated to assisting both residential and commercial clients in transforming their spaces into brighter, more inviting, and aesthetically pleasing environments. Effortless Interior Painting Solutions Painting transcends mere colour application; it involves crafting the desired ambiance within a home. The expert painters at Color2Color Painting Pty Ltd possess the knowledge and precision to ensure every room achieves its optimal look. They guide clients through colour selection, meticulously prepare surfaces, and apply smooth, durable finishes. Whether the project involves a striking feature wall, a complete property repaint, or simply updating a single room, they streamline the entire process. Why Color2Color Painting Pty Ltd Earns Trust Local customers frequently choose this Melbourne painting company based on several key factors: Proficient Painters - Meticulous, highly skilled, and professional in their approach. Superior Products - Utilization of high-grade paints designed for lasting durability. Transparent Costs - Honest quotations devoid of unexpected additional charges. Personable Service - Clear and responsive communication from initial contact to project completion. Guaranteed Craftsmanship - Assurance of work completed to the highest industry standards. When individuals are looking for painting services in Melbourne, Color2Color Painting Pty Ltd is a preferred choice due to their consistent delivery on commitments. Comprehensive Services for Residential and Commercial Properties The company specializes in interior house painting Melbourne and extends its expertise to painting offices, various commercial premises, and rental properties. They provide valuable colour consultations, thorough surface preparation, and practical aftercare advice, ensuring every undertaking is executed cleanly and punctually. Their services significantly contribute to landlords and business owners enhancing property value and overall appeal. Client Testimonials Customers throughout Melbourne express considerable satisfaction with the outcomes. One client shared: "We searched for painters near me and found Color2Color Painting. The team was polite, professional, and very tidy. Our living room now looks amazing. We'll definitely call them again." For anyone seeking a reliable Melbourne painting company or requiring interior house painting Melbourne, further information can be found by visiting: About Color2Color Painting Pty Ltd Color2Color Painting Pty Ltd operates as a Melbourne-based painting service, offering interior painting, residential repaints, and commercial painting solutions. Their foundational mission is straightforward: to provide exceptional quality work, friendly customer engagement, and results that endure. With each project, they are committed to injecting colour and adding significant value to homes and businesses across the Melbourne region.Media ContactColor2Color Painting Pty ltd+61431820580Melbourne, VIC Source :Color2Color Painting Pty ltd
Craig Emslie Introduces New Solutions to Aid Founders in Recruiting Top Sales Talent
Craig Emslie, a recognized authority in business growth and team building, has unveiled innovative solutions aimed at assisting startup founders and early-stage companies in recruiting top-tier sales talent.Tampa, Florida – August 28, 2025 - Craig Emslie, a seasoned expert in business growth and team development, has introduced new solutions designed to streamline the process for startup founders and early-stage companies seeking to recruit elite sales professionals. His initiative aims to simplify team building for business leaders, mitigating the common stress and complexity associated with sales recruitment. A common challenge for many startup founders is securing the right sales personnel. They frequently lack the time, resources, or specialized experience required to identify and hire high-performing sales talent. Incorrect hiring decisions can incur significant costs, both financially and in terms of lost time, potentially reducing team morale, hindering growth, and damaging customer relationships. Emslie deeply comprehends these difficulties and has developed a clear, straightforward methodology to help founders circumvent such errors. Emslie's innovative approach centers on simplifying and enhancing the effectiveness of the hiring process for time-constrained founders. Moving beyond often-ineffective traditional recruitment tactics, Craig provides step-by-step guidance and actionable tools. His focus is on equipping founders to precisely define their sales talent needs, strategically locate suitable candidates, and integrate them into their teams efficiently and systematically. More than simply filling vacancies, Craig's solution is designed to cultivate robust sales teams capable of scaling with the company. He instructs founders on how to pinpoint the essential skills, behaviors, and attitudes that define an ideal salesperson for their unique business model. Recognizing that each company is distinct, Emslie's method emphasizes customization, offering tools to develop bespoke job descriptions, interview questions, and onboarding strategies aligned with specific business objectives and organizational culture. A cornerstone of Emslie's new offering is a proprietary framework engineered to empower founders in making superior hiring decisions. This framework draws on extensive experience collaborating with high-performing sales teams and successful founders. It encourages founders to assess candidates beyond conventional resumes, prioritizing real-world attributes crucial for strong sales performance. For instance, rather than merely evaluating past job titles, Craig guides founders to analyze a candidate's problem-solving capabilities, strategic thinking, and aptitude for cultivating customer relationships. A critical component of his methodology involves helping founders circumvent prevalent hiring pitfalls. It is common for founders to recruit individuals who present well in interviews but subsequently underperform. Craig's system is engineered to counteract this by providing founders with explicit procedures for assessing genuine sales competencies throughout the recruitment phase, thereby fostering greater confidence in their choices and preventing expensive hiring errors. Emslie's services are particularly beneficial for first-time founders and those leading rapidly expanding startups. In nascent businesses, the impact of each hire is magnified. A proficient salesperson can catalyze rapid growth, whereas an unsuitable hire can impede progress. Consequently, Craig prioritizes assisting founders in making astute, strategic decisions that underpin sustained long-term growth. Furthermore, his methodology offers significant time savings for founders. Often multitasking across business operations, investor relations, product management, and customer service, founders frequently find recruitment relegated or executed under duress. Craig's suite of tools streamlines the process, enhancing efficiency and allowing founders to concentrate on core business development while ensuring optimal hiring outcomes. In recent months, Emslie piloted his new solutions with a select group of startup founders, yielding overwhelmingly positive results. Founders leveraging his system reported a notable increase in hire quality, improved team performance, and enhanced confidence in their recruitment strategies. Many attested to feeling more empowered and less anxious regarding their hiring efforts. Emslie is now expanding the availability of his solutions to a broader audience. He intends to deliver workshops, online resources, and personalized one-on-one support to extend crucial assistance to more founders. His objective is to reach a wide array of early-stage companies, providing them with the necessary instruments for success. Emslie's mission is unequivocal: to empower founders in building winning sales teams. He maintains that exceptional sales professionals can redefine a business's trajectory, and he is committed to enabling this future for a greater number of companies. Through the dissemination of his expertise, tools, and frameworks, Craig aims to catalyze a wave of growth and prosperity throughout the startup ecosystem. Furthermore, Emslie seeks to transform the perception of hiring, repositioning it from a mere administrative task to a strategic imperative. He emphasizes that recruitment can be a powerful lever for revenue generation, cultural enhancement, and accelerated business scaling. Craig's new solutions accentuate this mindset, offering founders a definitive roadmap. For startup founders burdened by the complexities of the hiring process, Emslie's new solutions provide a welcome respite. These tools are user-friendly, grounded in practical experience, and engineered for demonstrable outcomes. Whether a company is seeking its inaugural salesperson or expanding an existing sales division, Craig's methodology instills the necessary clarity and assurance. With this launch, Craig Emslie is poised to make a significant impact within the startup community. He is empowering founders with the means to construct superior teams more rapidly, thereby laying the groundwork for enduring success. By prioritizing the most critical attributes in a sales hire and furnishing practical strategies for identifying and securing top talent, Craig addresses a pervasive challenge for startups, contributing to a future where more businesses flourish.Media ContactCameron GroomTampa Florida, USA Source :Cameron Groom
Formal Professional Recognition Awarded to Aviation Media Leader Capt. Adam Sathis Kumar
Following his formal recognition as Capt. Adam Sathis Kumar, the aviation leader is set to expand his already extensive portfolio, which includes Efinair MyJets, MyAviation Magazine, and the Blackbox Secrets Podcast Video, with the forthcoming launch of A…Jet.Singapore, Singapore – August 28, 2025 – Adam Sathis Kumar, a prominent aviation entrepreneur and media figure, will henceforth be formally known as Capt. Adam Sathis Kumar across all professional, media, and corporate platforms. This official acknowledgment, endorsed by pertinent government authorities and industry organizations, highlights his significant contributions to the aviation sector and his success in connecting its operational and media aspects. As the Founder of Efinair MyJets International, Publisher of MyAviation Magazine, and Producer of the Blackbox Secrets Podcast, Capt. Adam has cemented his reputation as a respected authority within the aviation community throughout Malaysia, Singapore, and the broader region. His various endeavors serve to unify airlines, flight schools, MROs, and aviation professionals into a cohesive, interconnected ecosystem. In a notable and personal announcement, Capt. Adam disclosed his plans to launch a new aviation company, A...Jets. Although specific details are currently being kept private, he conveyed that this project holds particular significance, having been inspired by the wish of his wife. This revelation signifies the commencement of a new phase in both his entrepreneurial career and his personal legacy. Capt. Adam Sathis Kumar stated, "Being recognized as Captain is both a professional honor and a personal motivation. Aviation is my life's work, and with A...Jets, I aim to create something that will truly make an impact – for the industry, and also as a promise kept to my wife." The forthcoming launch of A...Jets is anticipated to enhance his current ventures and simultaneously generate fresh opportunities for collaborations and sponsorships within both the aviation and corporate domains. About Capt. Adam Sathis Kumar Capt. Adam Sathis Kumar serves as the Founder of Efinair MyJets International, Publisher of MyAviation Magazine, and Producer of the Blackbox Secrets Podcast. Through his projects, which encompass aviation operations, publishing, and investigative media, he consistently plays a pivotal role in linking aviation professionals, businesses, and enthusiasts throughout Asia. Media Contact:PR RelationsprMedia ContactMyaviation+65 8918 2989Aircrash Investigation Studio, Thomson Road, United Square Source: Myaviation Magazine
















