Press Releases

Cyient Acquires Stake in Azimuth AI to Build Cutting-Edge ASIC Chips and Strengthen Semiconductor Capabilities

HYDERABAD, India, Oct. 28, 2024 /PRNewswire/ -- Cyient, a global Intelligent Engineering services company, announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company known for its expertise in intelligent energy and power solutions. This strategic investment marks a significant milestone in Cyient's semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry. Krishna...

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Experience the "Splendid Silk Road" in Ningbo

NINGBO, China, Oct. 28, 2024 /PRNewswire/ -- In Ningbo, visitors can explore the Dunhuang Flying Apsara moving sand art picture that uniquely combines the functions of a Bluetooth headset charging dock and a night light. Additionally, you'll find interactive digital humans inspired by the Terracotta Warriors of Xi'an, glasses-free 3D displays featuring representative cultural relics from Zhejiang, Shaanxi, and Gansu provinces, as well as a...

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MAXSUN 800 SERIES MOTHERBOARD LAUNCH EVENT HELD IN BEIJING

BEIJING, Oct. 28, 2024 /PRNewswire/ -- On October 26, MAXSUN held a major launch event at the Sheraton Grand Beijing, introducing the high-performance 800 Series motherboards under the theme "AI-Driven Future • Power Beyond Limits." This series features 12 innovative models, emphasizing MAXSUN's commitment to merging nature-inspired aesthetics with cutting-edge technology. Key models — the MS-iCraft Z890 Pacific, MS-iCraft Z890 Vertex, and MS-...

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European tour opens up opportunities for Shanxi's businesses

BEIJING, Oct. 28, 2024 /PRNewswire/ -- A report from China Daily Shanxi province recently showcased its investment and trade opportunities to the European business community with promotional events held in the United Kingdom and Spain. The events, running from Oct 7-15, were part of a large promotional campaign called Shanxi Brands on the Silk Road, a move aiming to enhance trade and investment cooperation between Shanxi and the countries and...

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BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India and for the offtake of 100,000 tons of green ammonia annually

HYDERABAD, India and LUDWIGSHAFEN, Germany, Oct. 28, 2024 /PRNewswire/ -- BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India. Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green, signed...

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Twelve New International Companies Join FII Institute Roster of Strategic Partners: Strategic Partners Support Its Mission to Drive a Positive Impact on Humanity Through Investment

RIYADH, Saudi Arabia, Oct. 28, 2024 /PRNewswire/ -- Twelve international companies have been added to the FII Institute's roster of Strategic Partners. These companies join a growing community of leaders from business, technology, aviation, energy, academia, and public policy committed to creating a sustainable and equitable future. The FII Institute runs a year-round program of global initiatives, international summits, policy development,...

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Zettabyte Partners with Chief Telecom to Revolutionize AI Computing with Energy-Efficient Data Center

TAIPEI, Oct. 28, 2024 /PRNewswire/ -- Zettabyte, the leading AI data center builder and operator, announces a major expansion at Chief Telecom Inc. [6561.TWO], Taiwan's top data center provider. By securing significant power capacity at Chief Telecom's LY2 data center, Zettabyte aims to set new standards in AI computing efficiency and sustainability. Zettabyte's advanced AI services, set to launch in 2025, have already attracted a waitlist of...

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Compass Mining Expands Operations into Kentucky with New 10 Megawatt Partnership

WILMINGTON, Del., Oct. 28, 2024 /PRNewswire/ -- Compass Mining ("Compass" or the "Company"), a leading provider of Bitcoin mining hardware, hosting, and services, today announced its partnership with Cathedra Bitcoin (TSX-V: CBIT; OTC: CBTTF) ("Cathedra"), a digital infrastructure company, to co-locate 10 megawatts (MW) of Bitcoin mining equipment at one of Cathedra's data centers in Kentucky. This collaboration is set to increase Compass's...

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Synechron Acquires Cloobees, a Global Salesforce Summit Partner

PUNE, India, LONDON, NEW YORK, and SYDNEY, Oct. 28, 2024 /PRNewswire/ -- Synechron, Inc., a leading global digital transformation consulting firm, announced today that it has acquired Cloobees, an award winning, top-tier Salesforce implementation partner. The transaction brings together two highly complementary businesses, enabling Synechron to scale and strengthen its Salesforce capabilities globally while deepening its industry expertise...

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Dubai Philanthropist Anosh Ahmed Provides £10 Million of Essential Food Aid to Support Lebanon’s Vulnerable Communities

DUBAI, United Arab Emirates, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Dubai Billionaire and founder of PFOAA Anosh Ahmed and its foundation announces today that it is donating ten millions of pounds of essential food to Lebanon.Anosh Ahmed“In times of hardship and recovery, no one should face hunger alone. As Lebanon heals from the recent conflict, we are standing with the most vulnerable—children and women—who have been impacted the most. This...

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Biban24 creates innovative "Doors" of opportunity for SMEs and entrepreneurs from around the world to explore

RIYADH, Saudi Arabia, Oct. 28, 2024 /PRNewswire/ -- Consolidating its position as one of the world's leading investment destinations, Saudi Arabia is set to empower entrepreneurs from the region and beyond to unlock their potential, with Biban24 — the Kingdom's flagship startup, entrepreneurship and SME forum — hosting a diverse range of "Doors" for business leaders and investors to explore....

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CNOOC Limited Achieves Record High Net Production and Net Profit in Q3 2024

HONG KONG, Oct. 28, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its operating results for the third quarter of 2024. In the first three quarters of 2024, CNOOC Limited continued to increase its reserves and production, while effectively controlling costs and enhancing...

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Allspring Global Investments Launches Global Income UCITS Fund

LONDON, Oct. 28, 2024 /PRNewswire/ -- Allspring Global Investments (Allspring), a global asset management company with US$590 billion* under advisement, is delighted to announce the launch of the Allspring (Lux) Worldwide Fund – Global Income Fund, a UCITS addition to its existing 17-strong Luxembourg range. Allspring is a leading provider of active fixed income solutions and is making this multi-sector fixed income fund available to meet...

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Adyen and BCG Research Finds Embedded Payments and Finance Now a $185 Billion Opportunity -- a 25% Increase in Two Years

SAN FRANCISCO, Oct. 28, 2024 /PRNewswire/ -- Adyen, the financial technology platform of choice for leading businesses, has today launched a new report with Boston Consulting Group (BCG) which reveals a game-changing $185 billion market opportunity for SaaS platforms, a substantial 25% increase since 2022. BCG's analysis reveals this market growth is driven by a favorable interest rate environment — due to higher bank revenues from accounts —...

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Singtel Recognized by Frost & Sullivan for Innovation, Boosting Enterprise Digital Transformation, and Market Leadership

SAN ANTONIO, Texas, Oct. 28, 2024 /PRNewswire/ -- Frost Sullivan recently assessed the 5G enterprise industry and, based on its findings, presents Singtel with the 2024 Asia-Pacific Technology Innovation Leadership Award, Enabling Technology Leadership Award, and Company of the Year Award. The company is a leading 5G enterprise service provider in Asia-Pacific (APAC) with a regional presence through stakeholders (e.g., Optus) and regional...

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EDUtech Asia 2024 Returns for Its 9th Edition: Uniting Educators to Reimagine the Future of Education with Technology

SINGAPORE, Oct. 28, 2024 /PRNewswire/ -- EDUtech Asia 2024, will be back for its 9th edition from 6 to 7 November. Organised by Terrapinn, EDUtech Asia 2024 will offer a distinguished lineup of education leaders, decision-makers, policy makers, educators, innovators and disruptors to collaborate and reimagine the future of education with the power of tech. 2.  EDUtech Asia will have the honour of having Madam Halimah Yacob, Chancellor of the...

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Dahua Technology Achieves International Cybersecurity Standards with CC EAL 3+ and BSI Certifications

ROME, Oct. 28, 2024 /PRNewswire/ -- At its 6th Partner Day in Italy, Dahua Technology received the Common Criteria (ISO/IEC 15048) EAL 3+ certificate, along with ISO/IEC 27001 for Information Security Management System, ISO/IEC 27701 for Privacy Information Management System, and CSA STAR certifications. These achievements further strengthen Dahua's comprehensive security measures and adherence to global standards, demonstrating its ability to...

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RuggON Showcases Latest Mining Technology at IMARC 2024

TAIPEI, Oct. 28, 2024 /PRNewswire/ -- RuggON, a subsidiary of Ubiqconn specializing in rugged mobile solutions, is set to participate in IMARC 2024 in Sydney, Australia. This marks the first time RuggON will showcase its latest rugged mobile solutions at IMARC, including vehicle-mounted computers and mobile tablets specifically designed for the mining industry, to global mining leaders, professionals, investors, and technical experts....

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STT GDC Philippines Recognized by Frost & Sullivan for Its Efficient and Scalable Data Center Solutions and Competitive Strategies

SAN ANTONIO, Oct. 28, 2024 /PRNewswire/ -- Frost Sullivan recently assessed the data center services industry and, based on its findings, recognizes ST Telemedia Global Data Centers Philippines with the 2024 Competitive Strategy Leadership Award. The company currently operates seven data centers, including two projects under development, strategically located in Metro Manila, Calabarzon, and Davao. These centers have a total information...

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Filigran raises $35M in series B funding to drive global expansion and product innovation

PARIS, Oct. 28, 2024 /PRNewswire/ -- European cybertech Filigran today announces the completion of its $35M Series B fundraise, led by global software investor Insight Partners, with continued support from existing investors Accel and Moonfire. This new round of funding comes just months after the company's $16M Series A, underscoring Filigran's impressive growth and commitment to expanding its global footprint and accelerating product...

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