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Elon Musk Advocates For Argentinian Businesses

Benzinga

By Kyle Anthony, Benzinga When Elon Musk speaks, many people listen, and Argentina seems to be at the top of his mind these days. The Telsa (NASDAQ: TSLA) and SpaceX CEO and the president of Argentina, Javier Milei, have quickly become fast friends, with Musk endorsing the economic actions being pursued by the Argentinian government. Argentina, a nation that has been plagued with hyperinflation and indebtedness, wants to reinvigorate the economy under the Milei presidency, with capitalism and economic rejuvenation being the nation’s new goal. Advocating For Argentinian Enterprise President Milei’s belief in free market enterprise capitalism was a rallying point throughout his campaign and is arguably the cornerstone of his presidency. In his recent speech at the Milken Institute's Global Conference in Beverly Hills, President Milei expressed his belief that Argentina can play a greater role in the global economy, and he encouraged an audience of U.S. investors, business leaders and economists to take advantage of the diverse investment opportunities in the country. Lithium is an example of such an opportunity, as Argentina is the fastest-growing lithium-producing nation and is on track to become the world’s third-largest player by 2027. When President Milei and Elon Musk met for the first time at Tesla's headquarters in Austin, Texas, this year, they discussed investment opportunities for Tesla in lithium, a metal used for electric vehicle (EV) batteries. The encounter was "love at first sight," as described by Gerardo Werthein, Argentina's future ambassador to the U.S., who also attended the tour. "We're very committed not only to exporting raw materials but also to adding value," Werthein said, further adding that Musk "wants to help Argentina." Milei and Musk also reportedly agreed to hold "a large event soon in Argentina to promote the ideas of freedom," with Musk set as a keynote speaker. Musk was a vocal supporter of Milei's goal of deregulating Argentina's economy and ending the fiscal deficit. When Milei was elected president, Musk celebrated his victory with a congratulatory phone call. The Impact Of President Milei’s Macroeconomic Policies President Javier Milei has implemented austerity measures and deregulation in a bid to rejuvenate Argentina’s ailing economy. As Associated Press reported, Argentina’s inflation rate has been on a downward trajectory, though it remains one of the highest globally. From a currency perspective, President Milei has consistently advocated for the replacement of the Argentinian peso with the U.S. dollar. The extensive economic cutbacks by the new government have been well-received by the nation’s creditors and the market. This sentiment was reflected in the International Monetary Fund's (IMF) decision to release the latest tranche of loans under a bailout program. The IMF's approval, following its review of Argentina’s compliance record, ensures that the next $792 million payment will be available to the government in June this year. Gaucho Group Holdings Supports Strong Investment In Argentina The Argentinian business community has welcomed the vocal support of business leaders such as Elon Musk, as it brings newfound attention to the economy. Gaucho Group Holdings (NASDAQ: VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate and leather goods and accessories, appreciates the support Argentina is receiving from international business leaders and the actions being implemented by President Milei. As a company deeply committed to Argentina's luxury market, Gaucho Holdings offers a diversified avenue for participating in the growth of Argentine assets. The company's mission is to become the Louis Vuitton Moet Hennessy (LVMH) of South America, a global luxury goods and experiences company, and to position Buenos Aires among the popular luxury lifestyle cities. When consumers think about luxury items, qualities such as exclusivity, timelessness and desirability often come to mind, and said qualities appeal to business leaders and investors seeking assets that can appreciate in value over varying market cycles alike. As noted in the most recent Bain & Company and Altagamma’s 2024 spring luxury study, the personal luxury goods market reached a market value of €1.5 trillion globally in 2023, an 8 to 10% growth over 2022. Recently, Gaucho Holdings launched Gaucho Open Asset Lending (GOAL), a new mortgage lending division. GOAL is intended to serve as the company’s self-financing option for buyers of its unique luxury vineyard real estate project, Algodon Wine Estates in Argentina, and potentially beyond. The company estimates that the potential revenue from the sale of these vineyard lots could be approximately $80-$100 million, excluding any future appreciation. Gaucho Holdings envisions GOAL as a direct-to-consumer lender in the future, providing innovative mortgage and lending solutions to Argentinians who cannot access traditional financing options that are largely unavailable to the public. Riding The Wave With Argentina Business leaders and renowned international entities, like Elon Musk, are noticing the changes occurring within the Argentinian economy, with many perceiving them as necessary and positive steps for a fruitful economic future. Gaucho Group Holdings believes that the recent endorsements by global business leaders provide a substantial foundation for future investments in Argentina. The company says it will continue to focus on expanding its real estate portfolio in the region, leveraging the improving economic landscape to enhance shareholder value and enrich the local community. Featured photo by Angelica Reyes on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 13, 2024 08:35 AM Eastern Daylight Time

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Discover How This Company's Breakthrough Technology Might Be The Key To Transforming Pancreatic Cancer Pain Relief

Benzinga

By Austin DeNoce, Benzinga Pancreatic cancer is notorious for its high mortality rate but also for the severe pain it inflicts on patients. This pain often manifests as significant abdominal and back pain, making it difficult for patients to comfortably sit or lie on their back. The debilitating nature of this pain severely impacts the quality of life of those affected, and it can be particularly challenging to manage. As such, it is a condition primed for innovative solutions to help patients. Pancreatic Pain Management Strategies The pain associated with pancreatic cancer is primarily due to the tumor's proximity to critical nerves and blood vessels. As the tumor grows, it can compress these nerves, leading to intense pain that is challenging to manage. Patients frequently experience persistent and severe abdominal and back pain that can significantly restrict their daily activities and mobility. Emotional distress, anxiety and depression often accompany chronic pain, affecting both patients and their caregivers. The current strategies for managing pancreatic cancer pain are limited and often ineffective. Pain medications, such as opioids, are commonly prescribed but come with significant side effects like constipation, drowsiness and the risk of addiction. Additionally, these medications may lose their effectiveness over time, leading to increased tolerance and necessitating higher doses. Meanwhile, nerve blocks and ablation techniques, while potentially effective, often lack precision and can cause unintended side effects by missing target nerves and damaging surrounding tissues. This imprecision stems from the inability of other technologies to accurately detect weak electrical signals from the peripheral nervous system. However, Autonomix’s catheter-based technology uses a microchip and antenna to precisely detect nerves, which allows for a safe and accurate pain treatment. Approximately 70% to 80% of patients with pancreatic cancer experience pain, with around 44% reporting severe pain as the disease progresses. Breakthrough pain, which occurs despite ongoing pain management, has a high prevalence of 33%-95%, with 50% to 90% of all hospitalized patients experiencing it – further complicating treatment. This unrelenting pain significantly impacts the patient's quality of life, contributing to both physical and emotional distress that demands better management strategies. Autonomix's Approach to Pancreatic Cancer Pain Autonomix Medical (NASDAQ: AMIX) is a medical device company pioneering a groundbreaking technology to revolutionize the diagnosis and treatment of diseases and disorders related to the autonomic nervous system. Their first-in-class technology platform features a catheter-based microchip sensing array that can detect and differentiate neural signals with remarkable sensitivity, up to 3,000 times greater than currently available technologies, according to the company. This innovative technology allows the company to sense the overactive nerves which lead to the intense pain caused by pancreatic cancer. Then Autonomix is able to ablate, or kill, those overactive nerves, effectively turning off the pain signal. By providing a more accurate and targeted approach, Autonomix aims to improve the quality of life for patients suffering from pancreatic cancer pain. First-In-Human Pilot Studies Autonomix recently commenced its first in-human pilot study in pancreatic cancer pain. This marks the first trial ever to evaluate radiofrequency (RF) ablation using a transvascular approach to reduce pain associated with pancreatic cancer. The study involves 25 subjects at a single clinical site, aiming to assess the ablation of relevant nerves and subsequent pain mitigation. Autonomix announced it will release preliminary results from the first five “lead-in” patients in the study on Tuesday, June 18, 2024 and management will host a live webcast at 8:30 AM ET to discuss the results. Click here to register for the webcast. A New Dawn in Pain Management Pancreatic cancer pain is a significant and challenging issue that severely impacts patients' quality of life. Current pain management strategies are often inadequate, underscoring the need for innovative solutions. Autonomix's technology offers a promising alternative, with the potential to provide precise and effective pain relief for patients suffering from pancreatic cancer pain. By targeting a smaller market initially, Autonomix aims to prove the effectiveness of its technology, paving the way for broader applications in the future across conditions where pain is a key symptom. Featured photo by National Cancer Institute on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 13, 2024 08:30 AM Eastern Daylight Time

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Collaboration between On and Verity – two pioneering Swiss brands – to transform supply chain operations with AI and robotics

Verity

On, a leading global sportswear brand, and Verity, a pioneering AI and robotics company, have announced a strategic collaboration to transform warehouse operations and optimize inventory management, ultimately enhancing supply chain efficiency and precision. On and Verity join forces, leveraging fleets of fully autonomous drones in warehouses to enable full operational visibility through smart, real-time inventory tracking, minimizing stockouts, misplacements, and shrinkage across the supply chain. This ensures flawless order fulfillment for retail and e-commerce. On is one of the fastest growing sportswear brands in history and seeks every technical advantage in its supply chain execution to support this growth. On identified Verity, renowned for its expertise in AI and robotics, as their preferred partner with in-depth technical expertise and a proven, intelligent and efficient system. Verity’s solution is used to perform millions of fully autonomous inventory checks each month in over 80 warehouses operated by different clients worldwide. This partnership delivers tangible business value by improving immediate product availability across On customer touchpoints—at physical stores and online—and maximizing successful order fulfillment by improving on-time and accurate deliveries. Verity clients see their operational issue rates reduced from 5-12% to less than 1%, significantly increasing their warehouses’ labor efficiency. By further digitizing On's supply chain, Verity strengthens its data accuracy and improves the quality and speed of decision-making. Already live at a US facility, Verity’s fleet of fully autonomous drones is scanning On products on a daily basis, ensuring full availability of stock for customer fulfillment. It is already improving key performance indicators (KPIs) and supporting On's objectives as a pioneer of new, more sustainable supply chains, by reducing CO2 emissions linked to warehousing: Verity clients observe a reduction of 1,000 tons of CO2 emissions per warehouse each year, on average. The collaboration’s goal is to explore new technology solutions to drive operational excellence and enhance inventory visibility, with On bringing Verity onboard with its 3PL partners. "We are excited to partner with Verity to transform our supply chain operations," said Caspar Coppetti, Co-Founder and Executive Co-Chairman at On. "Verity is a pioneering brand in the field of AI and robotics, and a perfect fit with On's values of harnessing innovation for the benefit of the customer experience. By leveraging innovative technological solutions, we aim to improve our operations' efficiency further, become a more sustainable brand, and take customer satisfaction to new heights. The collaboration of two pioneering Swiss brands can only mean an explosion of innovation!" "At Verity, we are dedicated to pushing the boundaries of AI and robotics to drive operational excellence," said Raffaello D’Andrea, Co-Founder and CEO at Verity. "Partnering with On, the most exciting sportswear brand in the market today, is a great opportunity to apply our shared commitment to leveraging technology to meet customer expectations. We share the same goals with On, in particular that of delivering an exceptional customer experience. This synergy is further amplified by our highly robust systems, boasting better than 99.99% reliability rates." Reflecting on two pioneering brands from Zurich, Switzerland, the collaboration between On and Verity underscores their shared DNA of using groundbreaking technology to deliver a superior customer experience. Both companies embrace the challenge and need for supply chain operational excellence to build customer excellence. About On On was born in the Swiss Alps in 2010 with the mission to ignite the human spirit through movement – a mission that still guides the brand today. Fourteen years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel and accessories for high-performance running, outdoor, training, all-day activities and tennis. On’s award-winning CloudTec® innovation, purposeful design and groundbreaking strides within the circular economy have attracted a fast-growing global fan base – inspiring humans to explore, discover and Dream On. On is present in more than 60 countries globally and engages with a digital community on www.on.com. About Verity For industries that rely on fast and efficient supply chains, Verity delivers AI-powered mobile intelligence, enabling complete operational visibility through fleets of fully autonomous drones. Verity's system is used to perform millions of fully autonomous inventory checks each month in more than 80 warehouses across the globe. The Verity team includes some of the top minds in the world of AI and robotics, supply chain, and drone technology. The result: Valuable insights that empower businesses to achieve greater operational efficiencies and build faster, smarter, and more sustainable supply chains. Contact Details Verity Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://verity.net/

June 13, 2024 08:00 AM Eastern Daylight Time

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Stupid Cancer Announces CancerCon Live 2024 in Austin, Texas

Stupid Cancer

Stupid Cancer, the leading nonprofit organization dedicated to empowering everyone affected by adolescent and young adult (AYA) cancer, is thrilled to announce that CancerCon Live 2024 will take place in Austin, Texas for the first time ever. This landmark event, scheduled for August 15 - 18, 2024 at the Hyatt Regency Austin, promises to bring together hundreds of young adult cancer patients, survivors, caregivers, and advocates from across the country to share their experiences, gain valuable insights/resources, and build lasting connections. “We look forward to creating an unforgettable experience that empowers young adults affected by cancer and helps them connect with others who truly understand their journey.” says Alison Silberman, CEO of Stupid Cancer. CancerCon Live is the premier annual gathering for the AYA cancer community, offering a unique blend of education, support, and empowerment. This year's event in Austin will feature: Keynote Speakers: Hear from leading voices in the AYA cancer community, including survivors, healthcare professionals, and advocates, sharing their stories and insights on topics ranging from advancements in cancer treatment to survivorship challenges. Workshops and Panels: Participate in interactive sessions on a wide range of topics tailored to the unique needs of AYA cancer patients, survivors, and caregivers, covering mental health, fertility preservation, advocacy, career development, and more. Meet the AYA Community: Dedicated time for attendees to connect with peers, build lasting friendships, and expand their support networks in a supportive and inclusive environment. Exhibit Hall: Explore resources, products, and services from leading organizations committed to supporting the AYA cancer community as well as a few local small businesses. Social Events: Enjoy fun and engaging social activities designed to foster connections and create memorable experiences with some local Austin flavor. Local excursions: Attendees will have the opportunity to explore the city’s unique attractions, including Bat Watching under Congress Bridge and unlimited Skee-Ball at Full Circle Bar, to name a few, all while engaging in meaningful activities that support their personal and collective growth. “Austin’s dynamic and inclusive culture aligns perfectly with our mission to build a strong, supportive community for AYA cancer patients and survivors. We look forward to welcoming everyone to what promises to be our most impactful CancerCon yet,” says Eddie Mouradian, Director of Development. For over a decade, Stupid Cancer has brought together hundreds of patients, survivors, caregivers, advocates, and health professionals at the largest gathering of the AYA community - CancerCon (R). Now gathering both online and off, every CancerCon event is an immersive experience, led by transformative connection and education. The majority of conference attendees are AYA (age 15-39) cancer patients and survivors, but caregivers and health professionals of all ages are also welcome. CancerCon Live is hosted in a different US city each year as we seek to make the event always be within reach of our community at all times. Registration for CancerCon Live 2024 is now open. To register or learn more about the event, please visit cancercon.org. About Stupid Cancer Stupid Cancer’s mission is to help empower everyone affected by adolescent and young adult cancer by ending isolation and building community. Through innovative programming and strategic communications, the organization aims to provide support, resources, education, and a sense of community both online and in-person. For more information, please visit stupidcancer.org. For media inquires, contact: media@stupidcancer.org About Stupid Cancer:Stupid Cancer's mission is to help empower everyone in the adolescent and young adult (AYA) community by ending isolation and building community. Contact Details Alison Silberman +1 646-868-0087 media@stupidcancer.org Company Website https://stupidcancer.org/

June 12, 2024 02:39 PM Eastern Daylight Time

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How U Power (NASDAQ: UCAR) Is Addressing Key Concerns For Widespread EV Adoption – Including Range Anxiety And Charging Times

Benzinga

By Meg Flippin, Benzinga Electric vehicles are growing in popularity as the world seeks a greener future. That’s true around the world with electric cars accounting for 18% of vehicles sold last year, up from just 2% five years ago. That growth could be even greater, but large-scale adoption of these emissions-free cars and trucks is proving elusive – something that is true in many countries. Range anxiety is a big reason. The fear of running out of battery life is too great for some consumers and fleet operators to overcome. Then there’s charging. It can take time to get the vehicle powered up, depending on the system and demand. U Power (NASDAQ: UCAR), the Nasdaq-listed EV power solution company, believes it has the solution to overcome those challenges and spur greater EV adoption across the globe. It is betting that UOTTA – its proprietary battery-swapping technology – can overcome range fears and eliminate any wasted time waiting for a vehicle to charge. This battery-swapping model is appealing because customers only need to pay for the vehicle when purchasing a vehicle through the battery bank. After that, they pay a monthly rental fee for the battery. Not only does this reduce the procurement cost of EVs but the rental and service fees for battery swapping during daily operations are 30% to 50% cheaper than fast charging. Since batteries are swapped out, it extends the lifespan of the batteries and protects the environment since the dismantling and recycling of the batteries after retirement complies with environmental policies. Speed Is Power With U Power’s advanced technology, consumers and fleet operators can replace dead EV batteries with fully charged ones in under five minutes. That removes the time challenges, and with swapping stations eventually located around the world, it eliminates the fear of running out of battery life. U Power isn’t your run-of-the-mill EV battery-swapping player, either. The company started out in 2013 as a vehicle-sourcing services company focused on lower-tier cities in China. Since then, U Power has forged partnerships with leading automotive manufacturers. Utilizing a distinctive financial model coupled with customized vehicle offerings, the company has filled the market gap beyond the 4S dealership network, establishing over 800 operational outlets across China. In 2017, U Power emerged as one of the earliest entrants into the new energy electric vehicle sales market. Leveraging market insights and accumulated experience, U Power pioneered the UOTTA battery-swapping technology in 2019. Collaborating with automotive manufacturers, the company introduced various models of battery-swapping vehicles for commercial use, successfully penetrating the market. Moreover, U Power is also a key contributor to the drafting of China's battery-swapping standards. With its industry influence and advantages, U Power achieved a milestone in 2023 by becoming the world's first publicly listed company specializing in electric vehicle battery-swapping technology. Since then, the company has been busy churning out new technology, securing 14 patents and 24 pending patent applications in China. Last year, it sold and delivered six battery-swapping stations to four customers. All told it has already sold eleven battery-swapping stations, and its solutions include UOTTA-powered EVs, battery-swapping stations and a data management platform synchronizing real-time data. U Power is also forging partnerships with Chinese automobile manufacturers to jointly develop commercial-use UOTTA-powered EVs, such as ride-hailing passenger EVs, small logistics EVs and light electric trucks. Major Collaborations Spurring Growth The company’s efforts towards forging partnerships were also on display recently with U Power inking a deal with Dutch electric vehicle company UNEX t o provide battery-swapping vehicles and swapping station services to Associação Nacional dos Transportes Rodoviários em Automóveis Ligeiros (ANTRAL), the association representing public passenger road transport companies operating light vehicles designated as taxis in Portugal. ANTRAL will use U Power’s UOTTA technology and battery swapping station model. Through the collaboration, the two aim to significantly reduce greenhouse gas emissions in the transport sector by 2030, in line with the European Union's decarbonization targets and Portugal's regulatory requirements for taxi vehicles. Combining U Power’s battery-swapping station model and UNEX’s extensive network and market know-how, U Power said the goal is to sell the taxi industry EVs and install charging and battery-swapping stations. The first phase of the agreement is expected to provide two swapping stations and 120 battery-swapping taxis. ANTRAL operates more than 1,000 taxis, covering over 80 million kilometers annually, with carbon emissions reaching 1,440 tons and fuel costs close to €10 million. By adopting UOTTA battery swapping services, U Power said related costs are expected to be reduced by 30-50%, aligning with the EU's goal of achieving 30 million "zero-emission" electric vehicles by 2030. "This collaboration between UNEX and ANTRAL that utilizes our UOTTA technology marks a significant stride towards promoting sustainable transportation and reducing emissions. By combining our battery-swapping expertise with their commitment to decarbonization, we aim to facilitate the transition of taxi fleets from fossil fuels to electric mobility,” said Jia Li, Chairman and CEO of U Power. “This partnership highlights the global taxi industry's shift towards electrification, which will lead to reduced operational costs, increased driver earnings, and lower carbon footprints.” About 50,000 to 60,000 European taxis are expected to transition to electric vehicles in the next three to five years, presenting a big opportunity, reports U Power. Collaborations like that are behind the company’s revenue growth of 153.5% from fiscal year 2022 to fiscal year 2023. As U Power collaborates with more and more customers, it is building a brand and reputation in the market, which the company expects will drive further growth in the future. It is a big opportunity. The market size for battery swapping and electric commercial vehicles is projected to reach RMB 176,615.1 million in 2026, growing at a CAGR of 68.1% from now until then, according to a report by Frost & Sullivan, cited by U Power. Setting Its Sights Internationally Beyond its deal with ANTRAL, U Power is making inroads in other areas of its international expansion, including in Hong Kong, Southeast Asia and Peru. The company is focused on electrifying the commercial vehicle sector, particularly targeting urban taxis, buses, logistics vehicles, and transportation vehicles in mines. A crucial aspect of U Power's strategy is to collaborate with local industry-specific clients, integrating successful experiences from China with the specific demands of these clients. This approach involves systematizing the output of battery swapping stations, swapping vehicles, and battery banks, facilitating the rapid development of battery swapping services. In Peru, U Power just embarked on a collaborative pilot test with a Peruvian mining firm to evaluate electric heavy-duty vehicles on an established haulage route. This venture aims to identify an efficient substitute for traditional fuel-powered trucks, offering the potential to cut energy use and reduce operational costs, reports U Power. Then there’s its deal with Cornerstone Technologies Holdings Limited, a leading EV charging solution provider and charge point operator based in Hong Kong with an increasing presence across Southeast Asia. Under their memorandum of understanding, the two are jointly exploring and developing a strategic business relationship. “Through this collaboration, we believe our battery swapping stations will gain increased visibility in our target markets. We look forward to building a successful relationship that delivers sustainable value for our shareholders,” said Li. Even business with U Power’s existing customers is growing, underscoring the quality and innovative nature of its technology. Earlier this month, U Power announced it received a follow-on purchase order for its advanced dual-mode intelligent battery swapping stations from a major taxi operator in Jilin, China. These dual-mode intelligent battery swapping stations feature separate robotic guided vehicles (RGVs) for battery removal and installation. The use of robotics reduces the battery swapping time from between three to five minutes to two to three minutes. What’s more, U Power said the maintenance cycle of the swapping stations has been optimized, reducing weekly maintenance time by around six hours and enhancing operational efficiency by approximately 15%. As U Power transitions from a vehicle-sourcing business to providing comprehensive battery-swapping solutions based on its proprietary UOTTA technology, it is going beyond just selling battery-swapping equipment and vehicles, offering customers big and small an ecosystem of greener vehicle technology. The company is betting its technology and offering will play a pivotal role in making the world greener one fleet at a time. Featured photo by Ernest Ojeh on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 12, 2024 02:00 PM Eastern Daylight Time

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OTAA Launches Groundbreaking New Collection of Men’s Accessories – Redefining Elegance with a Modern Twist

Rev Up Marketers

OTAA, a distinguished leader in the world of men’s fashion, is thrilled to announce the launch of its new line of men’s accessories. Renowned for its exquisite range of ties, bowties, cufflinks, and pocket squares, OTAA makes “the best ties in the world,” according to Jesse Watter, a prominent Fox News anchor. Shop their collection of men’s neckties. This collection heralds a new era of fashion for the discerning man. Each accessory has been meticulously designed to embody both traditional charm and contemporary chic. “Our new range is inspired by the modern gentleman who appreciates the finesse of fine craftsmanship combined with functional design,” says Fameez Haroon, Founder of OTAA. The collection is thoughtfully curated to include a variety of designs, ensuring that there is something perfect for every occasion, from business meetings to casual outings and formal events. OTAA has always been synonymous with quality, and this new collection is no exception. Each piece is crafted using the highest quality materials sourced from around the world, ensuring every detail is perfect. The fabrics are chosen not only for their look but for their durability and feel. “We believe that our customers are looking for more than just aesthetic appeal; they are looking for accessories that last, offering both comfort and style,” explains Mr. Haroon. OTAA’s commitment to excellence has been recognized globally, with features in prestigious publications like GQ. This endorsement underlines the brand’s position in the fashion industry as a benchmark for men’s accessories. The new collection is expected to continue this legacy, appealing to both existing fans and new customers who are looking to elevate their wardrobe with pieces that are both stylish and sophisticated. Understanding the needs of its customers, OTAA offers free shipping across Australia, ensuring that the latest trends are accessible to all without the burden of extra costs. Moreover, the user-friendly website provides a seamless shopping experience, with detailed descriptions and styling tips for each product. In an effort to contribute positively to the environment, OTAA takes pride in its sustainable practices. The new collection emphasizes not only the aesthetic and functional aspects of the accessories but also their eco-friendly credentials. The production processes are designed to minimize waste and reduce environmental impact, aligning with the growing demand for sustainable fashion choices. About OTAA Founded by Fameez Haroon, OTAA is a premium menswear brand based in Dandenong South, Victoria, Australia. With a passion for design and quality, OTAA has become a key player in the global fashion scene, specializing in men’s accessories that blend traditional craftsmanship with modern innovation. OTAA’s products are a staple in the wardrobe of fashion-forward individuals worldwide, reflecting a philosophy that great style begins with great accessories. For more information, to request samples, or to schedule an interview with Fameez Haroon, please contact: Fameez Haroon hello@otaa.com 1800 531 670 https://www.otaa.com/ Contact Details OTAA Fameez Haroon hello@otaa.com Company Website https://www.otaa.com/

June 12, 2024 01:46 PM Eastern Daylight Time

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TKC Kitchens Announces Launch of AI-Enhanced Custom Kitchen Design Services

Rev Up Marketers

TKC Kitchens, a provider of innovative kitchen solutions and fitted kitchens, has launched its AI-enhanced custom kitchen design services. This new offering provides advanced artificial intelligence technology to deliver highly customized designs based on individual preferences, lifestyle habits, and spatial constraints, revolutionizing kitchen renovation. With this recent development, TKC Kitchens has integrated cutting-edge AI technology into its design and manufacturing processes. This approach uses machine learning algorithms and data analytics to create personalized kitchen designs that cater to each customer's tastes and requirements. The AI-enhanced service significantly streamlines the kitchen design process, reducing the need for multiple iterations and extensive consultations. Customers receive optimal design suggestions swiftly, with the AI processing various design elements such as layout, cabinetry, worktops, and appliances to produce cohesive and harmonious kitchen plans. Additionally, the service features a user-friendly interface that allows customers to input their choice and receive instant design suggestions. Each AI-generated design is uniquely tailored to individual needs, considering factors like family size, cooking habits, and ergonomic considerations. Realistic 3D renderings enable customers to visualize their new kitchen and make informed decisions. Moreover, the AI system also contributes to sustainability by minimizing waste. Approximate predictions of necessary materials and resource optimization ensure minimal excess, benefiting both the environment and customer material costs. Every AI-generated design is customized to meet the customer's needs and preferences. The system considers various factors to create kitchen designs that are functional and beautiful. Professional designers are available to offer guidance and make adjustments, ensuring the final design meets the standards of quality and craftsmanship. TKC Kitchens actively seeking partners and investors to expand its innovative services globally as part of its growth strategy. Collaboration and investment are crucial to reaching new heights and delivering kitchens to a broader audience. TKC Kitchens invites homeowners across the UK to experience the future of kitchen design with its AI-enhanced custom services. Whether planning a complete renovation or upgrading specific elements, the innovative approach provides a seamless, enjoyable, and personalized design process. For more information about TKC Kitchens, please visit their website. About TKC Kitchens: TKC Kitchens provides new kitchen solutions and fitted kitchens based in Manchester & London. With a commitment to innovation, sustainability, and customer satisfaction, TKC Kitchens is dedicated to providing customers with kitchen solutions that exceed expectations. The company has recently launched its AI-enhanced custom kitchen design services to deliver highly customized designs. Contact Details TKC Kitchens Andy Davis +44 800 055 4755 service@tkckitchens.co.uk Company Website https://www.tkckitchens.co.uk/

June 12, 2024 01:39 PM Eastern Daylight Time

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The Hashgraph Association and Inacta Ventures launch $50 million Sustainability Venture Studio under The Green Block Initiative

Plato AI

Zurich, June 12th, 2024 – The Hashgraph Association, a Swiss-based association and leader at the forefront of digital enablement on the Hedera network, today announces the launch of a groundbreaking Sustainability Venture Studio for Enterprises, in collaboration with Inacta Ventures, a renowned Swiss and UAE Web3 venture builder. Under The Green Block Initiative, a global think tank and launchpad for sustainability projects launched during COP28 in UAE, the joint Sustainability Venture Studio aims at empowering sustainable projects around the globe, leveraging the Hedera Guardian as the balance sheet of the planet that enables fair carbon markets with industry leading trust and transparency. The Hedera Guardian is an open-source platform that uses the Hedera distributed ledger technology (DLT) network to enable digital sustainability policies and requirements-based dMRV (Digital Measurement, Reporting, and Verification) tokenization for carbon credits and reduces fraud in the ESG market. The $50 million Sustainability Venture Studio will focus on enabling auditable climate finance transactions that are easily verifiable, publicly transparent, and accurate. This global co-investment sustainability program will span over the next five years, with The Hashgraph Association investing $25 million, contributing to 50%, while the remaining $25m co-investment reserved for enterprises interested in developing sustainability use cases on the Hedera Guardian. By combining resources and specialist expertise in sustainability and Web3, this unique partnership is set to revolutionize the way sustainability projects are funded and executed around the world, ensuring a long-term positive environmental, social, and governance (ESG) impact. Kamal Youssefi, President of The Hashgraph Association stated, “With The Green Block Sustainability Venture Studio, we are creating standards for reporting sustainability assets to ensure credibility and accuracy using the Hedera Guardian platform as the balance sheet of the planet, while leveraging the Hedera network as the world’s greenest distributed ledger network.” He added, “We look forward to further growing the global ESG ecosystem that is being built on the Hedera Guardian, introducing certainty, credibility, and comparability of data.” Ralf Glabischnig, Founder of Inacta Ventures, noted, “We are thrilled to integrate the Sustainability Venture Studio into The Green Block Initiative. This collaboration with The Hashgraph Association will accelerate the development and implementation of sustainable projects in The Green Block ecosystem worldwide.” Hedera, known and proven as the greenest DLT in the market, according to the UCL Centre for Blockchain Technologies research paper, continues to uphold its promise of sustainability. This new venture studio focused entirely on sustainability use cases not only reflects its commitment through developing various projects but also paves the way for innovative solutions in the sustainability sector. About The Hashgraph Association (THA) The Hashgraph Association is at the forefront of the digital enablement and empowerment of organizations through the broad adoption of Hedera-powered enterprise-grade solutions and decentralized applications, including funding training, innovation, and venture building programs globally. As a non-profit organization headquartered in Switzerland, The Hashgraph Association supports and funds innovation, research, and development that enables economic inclusion and a digital future for all, with a positive environmental, social, and governance (ESG) impact. For further information about The Hashgraph Association, visit www.hashgraph-association.com. For Media Enquiries Dustin Rotenberg – Chief Marketing Officer press@hashgraph-group.com About Inacta Ventures Inacta Ventures is at the forefront of the WEB3 revolution, building on three key pillars: Ecosystem Development, Venture Building, and Smart Capital. As a leading venture builder and network enabler, we specialize in connecting startups and corporates to unlock the potential of WEB3 technologies. Based in the dynamic ecosystems of Crypto Valley in Switzerland and Crypto Oasis in UAE, we provide the essential resources and expertise to build, deploy, and scale breakthrough WEB3 products, enabling enterprises and our 100+ portfolio companies to unlock their potential. Contact Tom Rieder tom.rieder@inactaventures.ch About The Green Block The Green Block is an initiative to create an Ecosystem for Environmental, Social, and Governance (ESG) related Blockchain projects and platforms which include Blockchain and AI technologies. The Ethos of the Green Block is to create a landscape that helps showcase, promote and flourish Web3 initiatives in the Environmental, Social and Governance (ESG) field for sustainability. This initiative took root along with the road to COP28, and transformed into a bigger and more global scale by June 2024. Contact The Green Block: www.thegreenblock.com Contact Details Tom Rieder tom.rieder@inactaventures.ch

June 12, 2024 01:23 PM Eastern Daylight Time

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News Release

Heat Wave Incoming?: 3 Coins That Can Heat Up This June

RoundHouse Media

As June rolls in, crypto investors are all excited to see coins that can give them huge returns this month. There are many stable coins in the market currently, but the main focus has been on Galaxy Fox, Dogecoin, and Solana. They have outperformed their competitors and are considered to be the top crypto coins to buy right now. While each one offers a unique functionality that propels its further growth, it’s important to understand why they are ahead in the race of best crypto coins. Today we’ll dive in to check out what makes these crypto coins stand out from the rest. Galaxy Fox is a New Coin with Big Plans Galaxy Fox launched its latest P2E (play-to-earn) game last month and it has been a huge hit among young players. This crypto coin has lots of features that makes it a top cryptocurrency to invest in. The very foremost is that Galaxy Fox allows players to earn rewards through gameplay. The Galaxy Fox ecosystem features a web3 runner game where players can earn $GFOX tokens by achieving top scores. The top 20% of players at the end of each $GFOX season receive rewards from the prize fund. It’s like you are playing for fun and also getting real money in exchange for your time spent on the gameplay. With its staking system, long term holders can also earn dividend rewards. The founders aspires to join the ranks of major meme tokens like Dogecoin and Shiba Inu. It is not limited to meme coin industry only and wants to compete with leading P2E tokens such as The Sandbox and Axie Infinity. The deflationary token process is set into place to make sure that the supply decreases over time. This will help to increase the value of this crypto coin over time. Users can also trade unique NFTs within the Galaxy Fox ecosystem. All the funds are managed transparently to support the project’s growth. Galaxy Fox rewards its loyal holders through its Stargate where 2% of every transaction is added back. This hub distributes rewards to all staked $GFOX tokens. Overall, it is one of the best crypto coins to be added in your June portfolio. >>BUY $GFOX TOKENS<< Dogecoin is the Original Meme Coin Dogecoin started as a joke but has grown into a significant player in the crypto world. Its community-driven approach and celebrity endorsements have kept it in the spotlight all the time. It has a large and active community that supports its development every single day. The coin has gained a lot of attention, all thanks to endorsements from high-profile individuals like Elon Musk. It is one of the top meme coins that has evolved slowly with new technological updates. These advancements are made to make sure that it can easily scale up the transaction speed. The Dogecoin Foundation has been working on various projects simultaneously. It has given 170% returns this year and is expected to grow further this month. Solana is Known for High-Performance Blockchain Solana is one of the top crypto coins that is known for its high-speed transactions and low fees. It has become a favorite platform among developers and trading users. Its robust infrastructure supports a wide range of decentralized applications (dApps). It has the capacity to handle thousands of transactions every second. This is way beyond than many of its competitors in the crypto industry. This high speed makes it ideal for digital apps that need fast processing. Solana’s ecosystem is expanding very fast as many new projects and apps are getting built on its platform. From decentralized finance (DeFi) protocols to NFT marketplaces, Solana is becoming a hub for all types of crypto projects. Solana has made headlines with several high-profile partnerships recently. Its continuous development has kept itself as a top crypto contender in the blockchain space. Conclusion As June progresses, these three coins could see significant trading volume from crypto whales. The main focus has been on Galaxy Fox’s approach to P2E gaming and NFT staking. So, if you are searching for the best coin to buy this month, go for Galaxy Fox. Learn more about $GFOX here: Visit Galaxy Fox Presale | Join the Community Contact Details Roundhouse Media media@galaxyfox.io

June 12, 2024 12:00 PM Eastern Daylight Time

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