News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Game ON for Pakistan: Historic Talent Gathering for Game Developers, Animators, and Designers in Islamabad!

IDRAK AI

Islamabad, Pakistan – June 3, 2024 - ( ThriveNewsWire ) - Gaming industry in Pakistan has been on rise for last couple of years. Recently, number of major international investments in Pakistani Gaming tech sector have attracted attention of global tech players. The rising industry has experienced number of acquisitions of local talent in recent past. In this regard, the vibrant heart of Islamabad witnessed a landmark event as over 150 game developers, animators, and designers gathered for an unprecedented meetup. Hosted at the offices of IDRAK AI (Pakistan’s first award-winning AI company) and Design Peeps (a globally recognized leader in digital product design), the evening marked a pivotal moment for Pakistan’s gaming and animation industry. This historic event, organized by IDRAK AI and Design Peeps in collaboration with Arab Play, Miradore, Section Soft, Huawei, and Moonshot Animations, epitomized the spirit of innovation and partnership. Supported by P@SHA, IGI, and Maida Co., the meetup showcased the strength and diversity of Pakistan’s burgeoning creative and technological sectors. Throughout the evening, industry leaders shared profound insights into the current landscape and future prospects of game and animation development in Pakistan, facilitating a dynamic exchange of ideas and expertise. The event also witnessed the signing of three Memorandums of Understanding (MoUs) and two significant contracts, setting the stage for future collaborations in gaming, animation, mobile app development, and event management. These agreements are poised to propel the industry forward, targeting both local and Saudi market business segments. “We are elated by the extraordinary turnout and the enthusiasm from all sectors—government, academia, industry, and students alike,” said Sheikh Abdul Qadir, MD of IDRAK AI, and Usman Fiaz, CEO of Design Peeps, the visionary organizers behind the event, “This gathering is a testament to the immense potential and talent within Pakistan’s gaming industry. It’s truly Game ON for Pakistan.” The event was a celebration of the thriving community of game developers, animators, and designers. Attendees reveled in the vibrant atmosphere of Islamabad’s beautiful evening, engaging in discussions that spanned the latest technological innovations and the artistic nuances of game creation. The gaming industry in Pakistan, now valued at over half a billion dollar, demonstrated its significant growth and vast potential. This event stands as a milestone, heralding future growth and collaboration within the gaming and animation sectors. It created a crucial platform for stakeholders to unite, share knowledge, and drive the industry towards unprecedented heights. As Pakistan continues to make waves in the global gaming and animation markets, such events will be instrumental in fostering a robust and innovative ecosystem. Media Contact Bilal Wasti bilal@designpeeps.net For Further Information: - IDRAK AI: https://www.linkedin.com/company/idrakailtd/ - Design Peeps: https://www.linkedin.com/company/designpeeps/ Contact Details Design Peeps Bilal Wasti bilal@designpeeps.net Company Website https://idrakai.com/

June 03, 2024 12:27 PM Eastern Daylight Time

Image
Article thumbnail News Release

Shareholder Proposal Seeks Reevaluation of Exec. Incentives for EVs at GM

NLPC

On June 4, National Legal and Policy Center will present a shareholder proposal at the General Motors Company advocating for GM’s board of directors to reevaluate the electric vehicle expansion targets included in its executive compensation packages. The proposal, identified as Item No. 5 on the 2024 proxy ballot, argues that GM’s focus on electric vehicles is misaligned with both the market demand for EVs and the economic realities the company faces. Last month NLPC filed a proxy memo with the Securities and Exchange Commission that explains its rationale for the proposal. GM, like many in energy-intensive sectors, has increasingly aligned its corporate strategies with a poorly substantiated, government-subsidized, and corporate media-amplified “scientific consensus” that carbon emissions will result in catastrophic effects to the planet, and to humans. These scenarios are increasingly unlikely, yet the corporate media continues to portray them as the default. Supposedly, this climate crisis can only be averted if governments and consumers adopt environmentally friendly technology, such as electric vehicles, en masse. However, electric vehicles aren’t good for the environment. Even with government subsidies, they’re expensive and unprofitable. Further, consumers don’t want to make the switch. Luke Perlot, Associate Director of NLPC's Corporate Integrity Project, stated, “Our proposal encourages a reassessment of GM’s current executive compensation incentives, which overly prioritize electric vehicle production without adequate consideration of the associated economic, environmental, and ethical risks. Instead, the company should remove these incentives and give its executive team the opportunity to pursue growth strategies without political bias.” Key Details of the Proposal: Misalignment with Market Realities: Despite substantial investments and executive incentives, the anticipated demand for EVs has not materialized at the projected scale. An open letter to President Biden signed by over 5,000 auto dealerships warned of lack of demand for EVs. Economic Viability and Subsidy Dependence: GM's profitability in the EV sector is heavily reliant on government subsidies, which are subject to political changes and could be repealed as early as 2025. Without these subsidies, the division’s path to achieving positive pre-tax earnings, currently projected for no sooner than 2025, appears increasingly precarious. Environmental and Ethical Challenges: The extraction and processing of rare-earth elements, crucial for these batteries, are predominantly concentrated in regions with poor environmental and labor standards. This not only leads to severe ecological damage, but also involves significant human rights abuses, including forced labor. Further, these elements are primarily processed in China, a geopolitical adversary of the United States. “Consumers still want internal combustion engine vehicles,” Perlot added, “and GM’s competitors are making substantial investments to meet their demand. The company cannot afford to be left behind because of misguided incentives.” Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

June 03, 2024 11:45 AM Eastern Daylight Time

Article thumbnail News Release

Introducing the SIGMA 28-45mm F1.8 DG DN | Art, the First Full-Frame F1.8 Zoom Lens for Mirrorless Camera Systems

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the SIGMA 28-45mm F1.8 DG DN | Art lens. This is the world's first zoom lens with a constant F1.8 aperture for full-frame mirrorless camera systems. Available for Sony E-mount and L-Mount, this new wide-to-standard zoom spans several popular focal lengths from 28mm to 45mm, with image quality comparable to prime lenses. The SIGMA 28-45mm F1.8 DG DN | Art was developed as a full-frame successor to the SIGMA 18-35mm F1.8 DC HSM | Art (for APS-C DSLR cameras), which in 2013 became the first lens in the world to achieve F1.8 throughout the entire zoom range. While offering the convenience of a zoom, this new lens does not compromise on optical performance. By effectively arranging 3 aspherical lens elements and 5 SLD glass elements, this lens suppresses various aberrations and achieves performance comparable to single focal length lenses, even surpassing the SIGMA 24mm F1.4 DG DN | Art and SIGMA 50mm F1.4 DG DN | Art, which have an established reputation for their optical quality. In particular, the 28-45mm F1.8 DG DN | Art focuses on suppressing axial chromatic aberration, which is often noticeable in large-aperture lenses, to achieve images with minimal coloration on both the focus plane and bokeh, and to demonstrate high optical performance from open aperture. The minimum focusing distance is 30cm (11.8 inches) throughout the entire range, and the maximum magnification ratio of 1:4 is achieved at the 45mm focal length. Featuring internal zoom and HLA (High-response Linear Actuator) autofocus, and an optical design that minimizes focus breathing, the SIGMA 28-45mm F1.8 DG DN | Art is well-suited for video work, including gimbal setups, thanks to its balanced design. The click/de-click switch and lockable aperture ring are designed to suit a variety of personal capture preferences, and the dust- and splash-resistant design also makes it suitable for shooting stills and video out in the elements. The SIGMA 28-45mm F1.8 DG DN | Art lens will be available for $1,349 through authorized retailers in the US in late June 2024. Learn more at the SIGMA America website: https://www.sigmaphoto.com/28-45mm-f1-8-dg-dn-a Exclusively for mirrorless cameras | Compatible with full-frame cameras A | Art SIGMA 28-45mm F1.8 DG DN | Art The world's first* F1.8 full-frame mirrorless zoom. *as of June 2024 by SIGMA The world's first* full-frame, F1.8 maximum aperture zoom lens Excellent optical performance comparable to that of a prime lens High-speed AF and innovative features Supplied accessories: CASE, LENS HOOD LH878-06, FRONT CAP LCF-82 III, REAR CAP LCR Available mounts: L-Mount, Sony E-mount Launch date: June 20, 2024 * Product appearance and specifications are subject to change. * This product is developed, manufactured and sold based on the specifications of E-mount which was disclosed by Sony Corporation under the license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG. #SIGMA #SIGMA2845mmF18Art #SIGMAArt #SIGMAArtZoom #SIGMADGDN The SIGMA 28-45mm F1.8 DG DN | Art is the world's first full-frame zoom lens with a constant maximum aperture of F1.8, delivering sharpness and clarity comparable to that of a prime lens. Already the pioneer of unique, large-aperture zoom lenses including the SIGMA 18-35mm F1.8 DC HSM | Art and the SIGMA 24-35mm F2 DG HSM | Art, SIGMA introduces another fast, portable and versatile tool to its Art lineup. In addition to its unprecedented brightness, the SIGMA 28-45mm F1.8 DG DN | Art delivers sharpness and clarity comparable to that of a prime lens throughout its entire zoom range. Also equipped with fast and precise AF and superior operability, this innovative optic turns a new page in the history of zoom lenses and their creative possibilities. It is a lens that will inspire full-frame filmmakers, while bringing unparalleled versatility to stills photographers. * As of June 2024 by SIGMA [Key Features] 1. The world's first* full-frame, F1.8 maximum aperture zoom lens SIGMA has successfully developed the world's first full-frame zoom lens with a maximum aperture of F1.8. The SIGMA 28-45mm F1.8 DG DN | Art incorporates an inner zoom mechanism, a minimum focusing distance of 30cm across the entire zoom range, and a filter size of φ82mm. Despite its advanced feature-set, the lens weighs less than 1kg, making it a portable and versatile option for either hand-held shooting or a gimbal setup. Constant maximum aperture of F1.8 Once a privilege reserved only for prime lenses, the maximum F1.8 aperture allows full-frame camera users to expose hand-held in low light and produce beautiful bokeh, while enjoying the flexibility of a zoom. This unique optical achievement has been created through SIGMA's accumulated optical design experience and advanced production technology at the company's sole production base in Aizu, Japan. Practical and stable inner zoom Employing an inner zoom mechanism, the overall length of the lens remains constant when the focal length or focus distance changes. This means the lens is easy to use when shooting hand-held, highly stable when mounted on a tripod or gimbal, and more resistant to dust and water contamination. Consistent close focus The minimum focusing distance is a constant 30cm across the entire zoom range, with a maximum magnification ratio of 1:4 at the telephoto end, providing excellent close-up shooting capabilities. As well as offering precise focus in confined spaces, the lens can therefore be used close to a subject without affecting sharpness when using the zoom. Premium build at a lighter weight By rights, such a fast zoom should be big and heavy, but while the lens's rigidity and durability protect its sophisticated optical design, this is achieved at a weight of less than 1kg. What's more, this reliable photographic tool uses a versatile filter size of φ82mm, meaning no compromise in portability or convenience. 2. Excellent optical performance comparable to that of a prime lens With each optical aberration meticulously corrected throughout the zoom range, the SIGMA 28-45mm F1.8 DG DN | Art rivals prime lenses for clarity and definition. Thanks to its advanced coatings, the lens produces clear images, even in backlit environments, while focus breathing is thoroughly suppressed, bringing expressive power to filmmakers and photographers. The pinnacle of optical quality in a zoom Through the effective arrangement of 5 SLD elements and 3 aspherical elements, aberrations are rigorously corrected. Axial chromatic aberration, which is particularly noticeable with large-aperture lenses, has been thoroughly suppressed, and the lens delivers clear images with minimal coloration, from sharply focused details to large, smooth bokeh. Suppression of focus breathing When using regular lenses, the angle-of-view can change as focus moves from near to far, affecting precise composition. With the SIGMA 28-45mm F1.8 DG DN | Art this focus breathing is suppressed, enabling natural focus pulls when shooting video. Minimal flare and ghosting Flare and ghosting, which reduce image quality, have been largely eliminated using advanced simulation technology, ensuring the lens renders rich, high-contrast results in all conditions. In addition, in order to keep flare and ghosting to a minimum, the lens uses SIGMA's Nano Porous Coating and Super Multi-Layer Coating, producing superior resistance to backlighting and enabling clear, saturated images in all lighting conditions. 3. High-speed AF speed and innovative features The SIGMA 28-45mm F1.8 DG DN | Art delivers a range of professional features as impressive as its outstanding optical performance. With high-speed and adaptable AF, a durable weather-resistant structure, a de-clickable aperture ring, smooth manual focusing and on-barrel AFL buttons, all features combine to create a versatile photographic tool capable of responding to any situation. Faster focus with a linear motor The lens's AF mechanism uses an HLA (High-response Linear Actuator) to combine accelerated focusing speed with exquisite precision. And because the motor is near-silent it allows video recording without noise. Precise and comfortable manual focusing To deliver delicate and accurate manual focus, the lens employs a bi-wire driven focus ring with optimum torque setting, high resolution and an adjustable rotation angle between 90° and 720°*. This allows filmmakers to pull focus with organic smoothness, and photographers to focus manually with outstanding accuracy. * Only for L-Mount, and with compatible cameras. Aperture ring refinements The lens is equipped with an aperture ring as well as an aperture ring click switch and an aperture ring lock switch, allowing for aperture operation suitable for various shooting situations. Equipped with two AFL buttons Located on the side and on top of the barrel, two customizable* AFL buttons can be easily reached in either horizontal or vertical shooting positions. * Assignment of functions is limited to supported cameras and assignable functions vary depending on the camera. Built to withstand the elements In addition to a dust- and splash-resistant body*, the frontmost surface of the lens is coated with a water- and oil-repellent coating so that it can be used safely even in harsh outdoor environments. * The product is designed to be dust- and splash-resistant but is not waterproof. When using the lens near water, etc., take care not to allow large amounts of water to splash on it. If water gets inside the lens, it may cause a major malfunction and render the lens unrepairable. Includes locking petal-type hood A petal-type hood is included to shield the lens from light. It has a locking mechanism for secure attachment and can be reversed for easier storage. [ Additional Features ] Lens construction: 18 elements in 15 groups (5 SLD, 3 aspherical elements) Inner zoom Inner focus system High-speed AF HLA (High-response Linear Actuator) Compatible with Lens Aberration Correction * Only cameras that are compatible with the function are allowed to use this function. Also, the items that can be corrected may vary depending on the camera, or automatic correction may be performed. * On a camera that allows selecting ON/OFF for lens aberration correction, set the various aberration corrections to ON (AUTO) from the camera menu. Supports DMF and AF+MF Compatible with AF assist (for Sony E-mount only) Nano Porous Coating Super Multi-Layer Coating Water- and Oil-Repellent Coating (front element) Aperture ring Aperture ring click switch Aperture ring lock switch AFL button (2 locations) * Assignment of functions is limited to supported cameras and assignable functions vary depending on the camera. Focus Mode switch Support for switching between linear and non-linear focus ring settings (for L-mount only) * Only cameras that are compatible with the system are allowed to use the system. Dust- and Splash-Resistant Structure * The product is designed to be dust- and splash-resistant but is not waterproof. Take care not to allow large amounts of water to splash on the lens. If water gets inside the lens, it may cause a major malfunction and render the lens unrepairable. Petal-type hood with lock LH878-06 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 11-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Aizu, Japan" craftsmanship [ Key Specifications ] The following specifications are for L-Mount. Lens Construction: 18 elements in 15 groups (5 SLD, 3 aspherical elements) Angle of view: 75.4 - 51.3° Number of diaphragm blades: 11 (rounded diaphragm) Minimum aperture: F16 Minimum focusing distance: 30cm / 11.9 in. Maximum magnification ratio: 1:4 at 45mm Filter size: 82mm Dimensions (Max. Diam. x Length): 87.8 x 151.4mm / 3.5 x 6.0 in. Weight: 960g / 33.9 oz. [ Product Barcode ] Product Name Barcode L-Mount: 0085126 612696 Sony E-mount: 0085126 612658 [ Accessories: Supplied ] LENS HOOD LH878-06: 0085126 941444 FRONT CAP LCF-82 III: 0085126 930028 REAR CAP LCR II (for L-Mount): 0085126 937256 REAR CAP LCR II (for Sony E-mount): 0085126 929879 [ Accessories: Optional ] SIGMA USB DOCK UD-11 for L-Mount: 0085126 878696 SIGMA WR CERAMIC PROTECTOR 82mm: 0085126 931834 SIGMA WR PROTECTOR 82mm: 0085126 930974 SIGMA PROTECTOR 82mm: 0085126 931100 SIGMA WR UV FILTER 82mm: 0085126 930714 SIGMA WR CIRCULAR PL FILTER 82mm: 0085126 930844 [ Information ] SIGMA Corporation: https://www.sigma-global.com/ SIGMA Global Network: https://www.sigma-global.com/en/corporate/world-network/ Product Information: https://www.sigma-global.com/en/lenses/a024_28_45_18/ [ About SIGMA Corporation ] Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with dozens of award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA Ameica (Cine): Facebook | Twitter | Instagram Contact Details SIGMA Corporation of America Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com SDDPR Stacey Doss stacey@sddpr.com Company Website https://www.sigmaphoto.com/

June 03, 2024 08:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

UFC and Aires Tech Inc. Join Forces to Reach a Global Audience of 700 Million Fans

AAIRF, EDR, TKO

In a world increasingly reliant on technology, concerns about electromagnetic radiation (EMR) have led to a surge in demand for innovative solutions. American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) has been making significant strides in the tech industry with its cutting-edge approach to electromagnetic radiation (EMF) protection. The US market for EMF protection is estimated to be worth $5 billion, representing only a small portion of the even larger global opportunity. With the announcement of a multi-year global marketing partnership with UFC last week, now could be the time to take a look at AAIRF. The UFC Collaboration: AAIRF's visibility will increase significantly as a result of the partnership with UFC, the top mixed martial arts organization and a division of TKO Group Holdings (NYSE:TKO), which Endeavor Group Holdings, Inc. (NYSE: EDR) owns a majority stake in. With UFC’s reach extending to over 700 million fans in 170 countries and approximately 975 million households, this collaboration is poised to place Aires Tech in front of a massive global audience. The integration of Aires branding within UFC’s major events, including pay-per-view broadcasts and other media, will provide unparalleled reach. Grant Norris-Jones, Head of Global Partnerships at TKO, highlighted the synergy between the two brands: “Aires aligns well with our brand in several respects, including their focus on innovation and being a first mover in their industry.” Josh Bruni, CEO of Aires, emphasized the benefits of the partnership: “This collaboration not only amplifies our global reach but also connects us with UFC's dedicated audience, who value peak performance and personal well-being.” The partnership was activated at UFC 302: Makhachev vs. Poirier on June 1, 2024, marking a significant milestone in Aires' journey to become a global leader in EMF protection technology. The company hopes that this collaboration is expected to drive brand awareness and sales growth, solidifying Aires’ position as a leader in the market. Innovative Technology: The exclusive silicon-based resonator technology from Aires is intended to block dangerous electromagnetic radiation (EMR) released by consumer electronics. This innovation is embodied in their Lifetune products, which target EMR from cellphones, computers, baby monitors, Wi-Fi, and high-speed 5G networks. With over 20 years and $20 million invested in research and development, Aires has positioned itself as a pioneer in the field of EMR protection. The company's products appeal to a wide range of customers, including biohackers, athletes, individuals concerned with fertility, and those seeking better sleep. Aires operates a direct-to-consumer sales model with fulfillment centers in the USA, Canada, Australia, and the EU, and has recently established a new center in the UK to support its global expansion efforts. Financial Strength and Growth Trajectory: American Aires Inc. has demonstrated robust financial performance, with gross margins averaging around 60%. This is comparable to top technology companies like Nvidia and Apple, which boast gross margins of 75% and 45%, respectively. The company achieved positive EBITDA (adjusted) in its most recent quarter, underscoring its strong financial health. In fiscal year 2023, Aires reported a record annual order volume of $10.4 million, a 79% increase year-over-year. The company's direct-to-consumer business now ships products to over 60 countries, with significant growth observed in Australia and the EU. In Q1 2024, Aires reported a 37% year-over-year increase in sales, despite typical Q1 consumer spending weaknesses. The company's cash balance also saw a substantial improvement, increasing from $0.03 million in Q4 2023 to $2.3 million in Q1 2024, bolstered by successful financings in February and May 2024. CEO Josh Bruni stated, “Now that Q1 and our heavy lifting on the IR front are behind us, we're refocusing our efforts on deploying the capital we raised across three major fronts: forging prominent new marketing partnerships, building universal brand awareness, and expanding internationally. In other words, continuing to do what's enabled our multi-year trajectory of significant revenue growth so we can make 2024 our best year ever.” Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Clarkham Capital to assist in the production and distribution of content related to AAIRF/WIFI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Inc. Mark McKelvie +1 585-301-7700 Mark@razorPitch.com Company Website http://razorpitch.com

June 03, 2024 06:00 AM Eastern Daylight Time

Article thumbnail News Release

Tron and Ethereum Lose Momentum, Raboo Set To Surge 10x in June

Total Media

Although the crypto market is generally bullish, popular tokens like Tron and Ethereum are not performing as expected. Tron's protracted legal battles with the SEC and the delay in the official trading of the Ethereum ETF have been identified as probable causes. Meanwhile, investors remain confident in the revolutionary memetoken Raboo (RABT), which is currently gaining momentum in its presale, with over $1.5 million worth of the token sold already. Also, with a potential to surge by 10x in June, Raboo is rapidly becoming one of the best cryptos to invest in this year. Tron’s legal battles slow down momentum after price slump Tron continues to face significant legal challenges from the United States Securities and Exchange Commission (SEC). The SEC lawsuit against Tron, which has slowed down its market activity, alleges that Tron's TRX token is a security. The SEC further claimed that the sales of these tokens were not legal since they are unregistered securities offerings. Tron has firmly disputed these claims, stating that the SEC's allegations are "tenuous at best." Furthermore, Tron claims that the SEC is not a "worldwide regulator" and that its attempt to apply U.S. securities laws to "predominantly foreign conduct" goes "too far." This stance is consistent with the firm's headquarters being in Singapore. The ongoing legal challenges have impacted Tron's momentum given that Tron has been down by more than 6% for a month. Crypto analysts have identified its ongoing legal battles as the root of this decline, given that investors have become increasingly cautious about investing in Tron’s platform with the ongoing regulatory issues. Ethereum’s ETF trading delay slows price growth Ethereum's recent rally has fizzled out, indicating a loss of momentum even though backers of the project continue to affirm that it is still one of the best crypto to invest in this year. The token is expected to witness increased trading activity due to the approval of spot Ethereum exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC), however, the ETFs are yet to commence trading officially as investors await the respective Form S-1 approval for each fund. This development has led crypto analysts to speculate that the uncertainty that accompanies such inactive moments could spell trouble for Ethereum's price, particularly given the high futures open interest that rose to its highest level ever on May 28. The recent approval of 19b-4s forms issued by the Ethereum ETF issuers does not mean that trading in Ethereum ETFs has begun. The S-1 forms, which include detailed financial and risk information, are yet to be approved by the SEC and could take weeks. This delay in trading has contributed to the lack of market activity which has slowed down growth and has led crypto analysts to believe that Ethereum would continue to lose momentum in the meantime. Raboo tipped to 10X in June as AI meme coin surges on massive adoption Raboo, the new AI meme coin, is expected to surge 10x in June, according to analysts. This prediction is based on the token's unique social-fi model, which allows holders to earn extra tokens by competing in challenges and giveaways. Crypto enthusiasts also stand the chance to earn returns by engaging the platform. Raboo's integration of AI technology continues to drive its growth, positioning it as one of the best altcoins to buy in 2024. While massive purchase of its presale token that has now exceeded the $1.5 million mark is projected to inspire a 10x surge in June, crypto analysts have also predicted that Raboo's price will grow 233% during the presale and 100x on launch day. This rapid growth is attributed to the token's innovative features that are designed to attract memecoin enthusiasts. Raboo's surge in June is expected to be 10x after being tipped as the best altcoin to buy in 2024. Raboo is well-positioned to become one of the best altcoins in the industry as more crypto enthusiasts join the platform, increasing its strong community while its innovative features continue to captivate investors. Investors looking for a high-growth opportunity should consider Raboo, which is expected to 100x this year. Conclusion Tron and Ethereum continue to face challenges amidst ongoing lawsuits and reduced trading activity that has inspired a loss of momentum for both tokens. Meanwhile, Raboo, an innovative memecoin that has been tipped as the best crypto to buy in 2024, continues to attract more investors after record surge positioning it for massive returns in June and lucrative returns for investors upon launch. You can participate in the Raboo presale here Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 02, 2024 02:13 PM Eastern Daylight Time

Image
Article thumbnail News Release

HTX Ventures Invests in Babylon to Advance Trustless Bitcoin Staking

HTX Ventures

Singapore / May 31, 2024 – HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Babylon, a Bitcoin staking protocol. This investment underlines HTX Ventures’ commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors. Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from Bitcoin. The platform uses modular design and slashing functionality to let stake-base systems, such as blockchains, Layer 2s, DA layers and oracles, and incorporates Bitcoin as a staking and restaking asset. "HTX Ventures is excited to support Babylon's pioneering efforts in harnessing Bitcoin for decentralized security," said Edward, Managing Partner of HTX Ventures. "Babylon’s trustless design unlocks new possibilities for Bitcoin, transforming its utility and paving the way for innovative Bitcoin-native applications. We believe Babylon will play a crucial role in advancing the blockchain ecosystem, and are proud to be a part of this transformative journey." "This funding will accelerate our mission to make Bitcoin the security backbone of PoS systems," Babylon co-founder David Tse said in a statement. "Our team is dedicated to advancing the utility of Bitcoin beyond its traditional roles and enhancing the security of the entire blockchain ecosystem." Babylon recently raised $70 million in a funding round led by the venture firm Paradigm. In February 2024, Babylon launched the world’s first trustless Bitcoin staking testnet, attracting over 100,000 stakers within 48 hours. This remarkable response highlights the platform’s potential to transform Bitcoin into the security backbone of PoS systems. This achievement underscores Babylon’s technical expertise and commitment to fostering a secure, decentralized economy. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

May 31, 2024 10:58 PM Eastern Daylight Time

Article thumbnail News Release

Youri Unveils New Range of Premium Phone Cases for iPhone and Samsung Galaxy Devices

Rev Up Marketers

Youri, a leader in mobile accessories, proudly announces the launch of its latest line of phone cases designed for iPhone and Samsung Galaxy devices. Now available, these cases merge high-level protection with elegant styling, ensuring smartphones are both secure and stylish. Discover the full range of products at www.youri.com. Made from top-quality materials, Youri's new phone cases deliver outstanding protection against drops, bumps, and scratches. Each design is precision-engineered to fit perfectly with the device, providing hassle-free access to all buttons, cameras, and ports. The collection includes a range of styles, from minimalist clear cases that highlight the phone's design to boldly textured cases that stand out. "Our new collection of phone cases represents a perfect synergy of protective technology and aesthetic design," said the Youri Marketing Team. "We recognize that our customers want accessories that are both functional and fashionable, and we've responded with a line of cases that meet these needs while also offering superior protection." Highlights of the Youri phone cases include shock-absorbent corners, anti-scratch coatings, and raised bezels to protect screens from direct contact with surfaces. Emphasizing environmental responsibility, Youri has integrated eco-friendly materials into several new case designs. Youri phone cases are now available for purchase on the company’s website. Customers can take advantage of an exclusive introductory discount on all orders for a limited time. Explore the collection and select the perfect case for your iPhone or Samsung Galaxy at www.youri.com. About Youri In April 2020, Youri launched SendUsMasks to provide affordable, high-quality reusable cloth masks, combating price gouging during uncertain times. Their dedication to people in need earned them over 1,700 five-star reviews and saved thousands of lives. Rebranded as Youri, they now focus on offering top-quality phone cases for iPhone and Samsung Galaxy devices, maintaining their commitment to customer trust and satisfaction. Contact Details Youri Stevan Shlemoon +1 844-958-2919 hello@youri.com Company Website https://youri.com/

May 31, 2024 04:53 PM Eastern Daylight Time

Image
Article thumbnail Digital Asset Direct

Dads and Grads Gift Ideas

News Media Group, Inc.

Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

May 30, 2024 03:07 PM Eastern Daylight Time

Video
Article thumbnail News Release

The Crucial Role of Gut Health Transforming Gut Health through Nutrition

YourUpdateTV

Is your diet supporting your gut health effectively? Recently, Registered Dietician and MyFitnessPal Scientific Advisory Council member, Maya Feller, conducted a satellite media tour to explain better eating habits that support gut health to enhance your focus, energy, mood, sleep, and weight. A video accompanying this announcement is available at: https://youtu.be/rjznUQsEet0 According to a recent MyFitnessPal survey 1 86% of people say they’re aware of the importance of maintaining gut health and 43% actively seek out gut health-related information. However, only 18% consider themselves to be “very” knowledgeable about what contributes to gut health. In response, the no. 1 global nutrition and food tracking app, MyFitnessPal collaborated with MyFitnessPal Scientific Advisory Council Member Dr. Janese Laster, to create the Gut Health Nutrition Plan, available now to all members for free in the MyFitnessPal app. Those who opt into the week-long plan will have access to nutrition ideas and suggestions, quizzes that test knowledge and assess current eating habits, and daily check-ins that encourage reflection on progress and current knowledge to help enable behavior change and fuel motivations. MyFitnessPal’s survey found that despite 85% of people trying to incorporate a variety of fruits and vegetables into their diet to improve gut health, only 2% are consuming more than 20 fruits and vegetables each week. To bring even more awareness to a person’s food intake, MyFitnessPal introduced a free feature, Food Group Insights, which gives members an overview of the number of foods they logged in a week categorized by food groups. And for those wondering how to get gut-healthy foods on their plate, MyFitnessPal introduced a new gut health recipe collection featuring high-fiber recipes that include a variety of fruits and vegetables. To learn more, download the MyFitnessPal app on iOS and Android or visit MYFITNESSPAL.COM About Maya Feller Maya Feller, MS, RD, CDN is the founder and lead dietitian at Maya Feller Nutrition. In her practice, her team provides medical nutrition therapy and nutrition coaching for cardiovascular disease, diabetes, mood disorders, developmental disabilities, disordered eating, and more. Maya believes in providing inclusive nutrition education from an anti-bias patient-centered, culturally humble approach to help people make informed food choices. Maya shares her approachable, food-based solutions with millions of people through regular speaking engagements, writing, her social platforms, and as a national nutrition expert on Good Morning America, is a Healthline Medical Advisor, and on the advisory board for SHAPE and Parents, as well as appearing on TODAY Show, Tamron Hall, and in The New York Times, mindbodygreen, Well+Good, Food Network, Martha Stewart, Real Simple, Good Housekeeping, Cooking Light, Eating Well, Prevention, Glamour, SELF, and more. She is the author of Eating from Our Roots: 80+ Healthy Home-Cooked Favorites from Cultures Around the World (goop Press, January 24, 2023). About MyFitnessPal MyFitnessPal is the #1 global nutrition and food tracking app for achieving health goals, especially weight management. Since 2005, MyFitnessPal has empowered over 200 million users in over 120 countries to improve their health by tracking their food, recording exercise activity, and logging their weight. As one of the world's most trusted resources on nutrition, MyFitnessPal's mission is to help people around the world reach their health goals through better food choices by providing knowledge, motivation and a sense of progress. With one of the largest food databases in the world comprising over 19 million foods, access to over 500 recipes, more than 50 workout routines and exercise demos, and over 40 connected fitness partners, MyFitnessPal provides users with tools for positive healthy change. The MyFitnessPal app is available on the App Store and Google Play store. To learn more, visit www.myfitnesspal.com or follow MyFitnessPal on Facebook, Instagram, LinkedIn, TikTok and Twitter. ----------------------------------------------------------------------------------------------------------------------- 1 Survey fielded in April 2024 with 4000 people across the United States, Canada, United Kingdom, and Australia. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 30, 2024 11:34 AM Eastern Daylight Time

Video
12345 ... 575