Day: July 4, 2022

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Arabic MENA Press Releases

‫ شركة فضاء صينية تفوز بالجوائز في أعلى مسابقة الذكاء الاصطناعي الدولية

هانغتشو، الصين، 4 تموز/يوليو، 2022 / PRNewswire / — فازت مجموعة STAR.VISION AEROSPACE GROUP LIMITED ، وهي شركة صينية مبتكرة في مجال تكنولوجيا الفضاء، مؤخرًا بالمركز الثاني في مسابقة التعلم متعدد الوسائط من أجل الأرض والبيئة ( MultiEarth 2022 ) خلال مؤتمر IEEE حول الرؤية الحاسوبية والتعرف على الأنماط ( CVPR 2022 ). كما تصدرت التصنيفات في مسار آخر “ CropHarvest 2022 ” والذي يركز على تصنيف المحاصيل، باستخدام مجموعة بيانات الاختبار من كينيا وتوغو والبرازيل.

ركزت مسابقة  MultiEarth 2022 ، التي نظمها مختبر لينكولن التابع لمعهد ماساتشوستس للتكنولوجيا، على استخدام التعلم الآلي لمعالجة المشكلات العالمية في مراقبة الأرض والبيئة مثل تراجع غابات الأمازون المطيرة. “تمثل إزالة الغابات في غابات الأمازون المطيرة الحصة الأكبر، مما يساهم في تقليل التنوع البيولوجي وفقدان الموائل وتغير المناخ. وبما أنه يصعب الوصول إلى جزء كبير من المنطقة، فإن الاستشعار عن بعد عبر الأقمار الصناعية يوفر أداة قوية لتتبع التغيرات في الأمازون”. تهدف ورشة العمل إلى جمع جمهور واسع من الباحثين في الأوساط الأكاديمية والصناعية والمجالات ذات الصلة للاستفادة من صور الاستشعار عن بعد التي تجمعها أجهزة استشعار متعددة لتحقيق تأثير بيئي إيجابي.

فازت الشركة الصينية بجوائز في مسارين من مسابقة  MultiEarth 2022 ، بما في ذلك “إكمال المصفوفة” و “ترجمة الصور متعددة الوسائط”، مما يوفر منظورا جديدا للمراقبة طويلة الأجل لتغيرات الغابات المطيرة، ويساعد في حل “الصداع” الذي يتم مواجهته بشكل متكرر في الحصول على صور الأقمار الصناعية البصرية بسبب التغطية السحابية الكثيفة.

مؤتمر الرؤية الحاسوبية والتعرف على الأنماط ( CVPR) ، المعترف به على نطاق واسع باعتباره المسابقة الذكاء الاصطناعي الأكثر شهرة في العالم، هو حدث تقني يستضيفه معهد مهندسي الكهرباء والإلكترونيات ( IEEE ) على أساس سنوي. ومن بين الفائزين السابقين في البطولات عمالقة التكنولوجيا جوجل وعلي بابا وكبرى المنظمات البحثية في جميع أنحاء العالم.

يقع المقر الرئيسي للشركة في هانغتشو، الصين، وتتخصص في مجال البحث والتطوير للاستشعار عن بعد عبر الأقمار الصناعية التي تعمل الذكاء الاصطناعي وخدمات ذكاء الأعمال، وهي مكرسة لدمج أحدث تقنيات الذكاء الاصطناعي مع صناعة الفضاء التي تحدث ثورة مستمرة.

الدكتور ياشو كانغ، رئيس فريق الذكاء الاصطناعي في  STAR.VISION  فريق الذكاء الاصطناعي في  قال إن الشركة تأمل في استخدام تكنولوجيا الفضاء “لتحسين الأرض من الفضاء”، مضيفا أنه “كشركة فضاء، هذه هي المرة الأولى التي نشارك فيها في مسابقة دولية من الدرجة الأولى إلى جانب العديد من الشركات الذكاء الاصطناعي الكبرى واللاعبين المعنيين. إن تحقيق مثل هذه النتيجة أمر مشجع، مما يعزز تصميمنا على تحسين ساتل الاستشعار عن بعد وخدمته بتكنولوجيا الذكاء الاصطناعي “.

تعد الهيئة الوطنية للأمن السيبراني في المملكة العربية السعودية ( NCA ) من بين أكبر الرعاة ل  CVPR 2022 ، والتي تهدف إلى استكشاف الفرص في مجال الذكاء الاصطناعي.

الصورة –  https://mma.prnewswire.com/media/1848088/1.jpg

Categories
MENA Pakistan Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages IonQ, Inc. Investors With Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – IONQ

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of IonQ, Inc. (NYSE: IONQ) between March 30, 2021 and May 2, 2022, both dates inclusive (the “Class Period”), of the important August 1, 2022 lead plaintiff deadline.

SO WHAT: If you purchased IonQ securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) IonQ’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and (5) as a result of the foregoing, defendants’ positive statements about IonQ’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Pakistan Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages World Wrestling Entertainment, Inc. Investors With Losses Exceeding $100K to Inquire About Securities Class Action Investigation – WWE

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of World Wrestling Entertainment, Inc. (NYSE: WWE) resulting from allegations that WWE may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased WWE securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7052 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On June 15, 2022, The Wall Street Journal published an article entitled “WWE Board Probes Secret $3 Million Hush Pact by CEO Vince McMahon, Sources Say” which revealed that “[t]he board of World Wrestling Entertainment Inc. [] is investigating a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry.” The article further revealed, among other things, that “[t]he board’s investigation, which began in April, has unearthed other, older nondisclosure agreements involving claims by former female WWE employees of misconduct by Mr. McMahon and one of his top executives, John Laurinaitis, the head of talent relations at WWE, the people said.”

On this news, WWE’s stock price fell $2.31 per share, or 3.4%, to close at $64.87 per share on June 16, 2022, the next full trading day.

On June 17, 2022, before trading hours, WWE issued a press release entitled “WWE® & Board of Directors Joint Release” which announced that “a Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation.”

On this news, WWE’s stock fell $2.36 per share, or 3.6%, to close at $62.51 per share on June 17, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Pakistan Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages HUMBL, LLC Investors With Losses Exceeding $100K to Secure Counsel Before Important July 19 Deadline in Securities Class Action – HMBL

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of HUMBL, LLC (OTC: HMBL) and/or the Company’s unregistered digital asset (sold as BLOCKS Exchange Traded Index (“ETXs”) on various cryptocurrency exchanges) between November 1, 2020 and May 19, 2022, both dates inclusive (the “Class Period”) of the important July 19, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Humbl securities and/or the Company’s ETXs during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants violated provisions of the Exchange Act by making false and misleading statements concerning the Company’s growth prospects, technological advancements, international partnerships, and financial benefits for Humbl common stock and digital asset investors, as well as using selectively timed announcements to keep Humbl stock price high so that Company insiders could sell off their holdings into artificially created volume. The complaint also alleges that defendants violated provisions of the Securities Act by selling its unregistered securities (BLOCK ETX digital assets) to investors.

To join the Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Pakistan Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Enservco Corporation Investors With Losses Exceeding $100K to Secure Counsel Before Important July 19 Deadline in Securities Class Action – ENSV

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Enservco Corporation (NYSE American: ENSV) between May 13, 2021 and April 18, 2022, both dates inclusive (the “Class Period”), of the important July 19, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Enservco securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Enservco class action, go to https://rosenlegal.com/submit-form/?case_id=6371 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Enservco had defective disclosure controls and procedures and internal control over financial reporting; (2) as a result, there were errors in Enservco’s financial statements relating to, inter alia, its transactions with Cross River Partners and accounting for Employee Retention Credits (“ERCs”); (3) accordingly, Enservco would need to restate certain of its financial statements and delay the filing of its 2021 annual report with the U.S. Securities and Exchange Commission (“SEC”); (4) Enservco downplayed the true scope and severity of its financial reporting issues; (5) accordingly, Enservco could not file its delayed 2021 annual report with the SEC within its initially represented timeline; and (6) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Enservco class action, go to https://rosenlegal.com/submit-form/?case_id=6371 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Pakistan Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Digital Turbine, Inc. Investors With Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – APPS

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Digital Turbine, Inc. (NASDAQ: APPS) between August 9, 2021 and May 17, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Digital Turbine securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Digital Turbine class action, go to https://rosenlegal.com/submit-form/?case_id=6272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Digital Turbine’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Digital Turbine’s recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) Digital Turbine’s internal control over financial reporting as to revenue recognition was deficient; (4) as a result of the foregoing, Digital Turbine’s net revenues was overstated throughout fiscal 2022; and (5) as a result of the foregoing, defendants’ positive statements about Digital Turbine’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Digital Turbine class action, go to https://rosenlegal.com/submit-form/?case_id=6272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Press Releases

CGTN: Hong Kong on highway to become global tech and innovation hub 25 years on

BEIJING, July 4, 2022 /PRNewswire/ — The Hong Kong Science Park, the city’s high-tech hub, welcomed Chinese President Xi Jinping for a visit during his busy two-day trip to attend celebrations for the 25th anniversary of Hong Kong’s return to China.

The Science Park is the largest research and development (R&D) and business incubation base in Hong Kong, housing more than 1,100 enterprises and 17,000 innovators.

Among them are SenseTime, an artificial intelligence (AI) giant, which is the only company from the Science Park listed on the Hong Kong Stock Exchange, and Da-Jiang Innovations (DJI), a world-leading commercial drone maker.

The Science Park, launched in 2002 by the government of the Hong Kong Special Administrative Region (HKSAR) to promote scientific and technological development in the city, also accommodates top-level laboratories with advanced scientific research equipment.

So far, it has 28 R&D laboratories jointly operated by world-class universities and research institutions with locally based universities in Hong Kong.

With a total floor area of 400,000 square meters and 23 well-equipped buildings as of March 2021, the park is still being expanded to increase its R&D space.

High expectations for Hong Kong

During his inspection tour of the Science Park, Xi said the country holds high expectations for Hong Kong.

He said China has written its support for developing Hong Kong into an international innovation and technology hub in its 14th Five-Year Plan (2021-2025). Released last year, the plan serves as the blueprint and action agenda for the social and economic development of the country in the next five years.

In recent years, with the support of the central government, Hong Kong has leveraged its own advantages to make remarkable achievements in basic research, talent cultivation, and development in the innovation and technology sector, Xi said.

In 2021, Hong Kong ranked 14th on the global list of most innovative economies, according to the Global Innovation Index (GII) released by the World Intellectual Property Organization (WIPO).

The HKSAR government should give full play to the role of technological innovation in supporting and leading economic development, Xi added.

During his exchanges with the academicians, researchers and youth representatives of innovation enterprises at the Science Park, he called on Hong Kong to better cooperate with mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), strengthen the collaborative development of enterprises, universities and research institutions, and strive to build the GBA into a global highland for scientific and technological innovation.

GBA’s growing innovation power

The GBA is comprised of the two special administrative regions of Hong Kong and Macao, and nine cities in the neighboring Guangdong Province. The total area is around 56,000 square kilometers and covers around 6 percent of the Chinese population.

The gross domestic product (GDP) of the GBA hit 12.6 trillion yuan ($1.97 trillion) last year, 2.4 trillion yuan more than in 2017. With less than 1 percent of the country’s land area, the GBA contributed to 11 percent of the national GDP.

Shao Xinyu, Chinese vice minister of science and technology, said the innovation capabilities of the GBA have been increasing continuously.

In 2021, the R&D expenditure of the nine cities in the Pearl River Delta region within the GBA topped 360 billion yuan, accounting for about 3.7 percent of their GDP, according to Shao, compared with the overall national level of 2.44 percent.

The number of high-tech enterprises in the area reached 57,000, and that of patents granted reached about 780,000, of which more than 100,000 were invention patents, he said.

In the list of the world’s top 100 geographical innovation clusters published by WIPO annually, the Shenzhen-Hong Kong-Guangzhou cluster ranked second for the past two years in a row.

The rising innovation cluster, with noticeable growth in patents and scientific publications, has narrowed its gap with Tokyo-Yokohama, the No.1 innovation cluster on the list.

Supporting measures for Hong Kong and Macao’s sci-tech development

China’s Ministry of Science and Technology (MOST) has rolled out a series of measures to support the scientific and technological development of Hong Kong and Macao to promote their further integration into the national innovation system, according to Dai Gang, director of the International Cooperation Department at the MOST.

The ministry has supported Hong Kong in building a batch of innovation platforms, including 16 State Key Laboratories, six branches of the Chinese National Engineering Research Centers in Hong Kong, three national high-tech industrialization partner bases and two national-level incubators for science and technology companies.

A similar policy has been taken with Macao.

The ministry also put forward measures to support young people from Hong Kong and Macao to pursue careers in innovative industries and start their own businesses on the mainland.

https://news.cgtn.com/news/2022-07-03/Hong-Kong-on-highway-to-become-global-tech-and-innovation-hub–1blECIxf7X2/index.html

Categories
MENA Press Releases

The World’s Most Exclusive No Limit Global Crypto Visa® Black Card, bitcoinblack, Officially Launches in UAE

DUBAI, UAE, July 4, 2022 /PRNewswire/ — bitcoinblack, a VIP crypto credit card exclusive to 10,000 members globally, is now available in the United Arab Emirates. Secured by the holder’s crypto, the card is billed as a gateway to a world of luxury goods and services and one-of-a-kind members-only experiences.

bitcoinblack members enjoy a long list of premium benefits. Members have a no spend limit wherever Visa is accepted globally and they receive rewards of up to 10% back in exclusive $SPND tokens. The $SPND tokens can then be redeemed in bitcoinblack’s soon-to-launch Haute Living Luxury Marketplace, a curated online boutique that includes luxury watches, purses, cars, charter jet deals, private mansion access and more. The bitcoinblack Haute Living Luxury Marketplace was developed in partnership with Haute Living Magazine and is set to launch in 2 weeks.

“We’re very excited because in addition to being able to spend rewards on incredible luxury items, the marketplace will also allow members to purchase experiences that our team at Haute Living Magazine have created exclusively for them. These are one-of-a-kind events not found anywhere else in the world.” said Kamal Hotchandini, Chief Luxury Officer of bitcoinblack.

Since the card launched in 2021, bitcoinblack CEO Prakash Chand, has rapidly rolled out his vision for the company and its members. Chand, who is a seasoned bitcoiner who first purchased the cryptocurrency in 2011, invested in bitcoinblack after seeing an opportunity to create the world’s most exclusive crypto-powered premium card.

“People with incredible wealth in crypto needed a way to spend their crypto easily and be rewarded for it.” said Chand. “bitcoinblack is perfectly suited for high networth individuals who want to use their crypto for business or pleasure wherever they are in the world, including the 140+ countries where Visa is accepted. All members need to do is simply load up their crypto through the web app or soon-to-come secure bitcoinblack wallet app, and they’re instantly empowered to spend their crypto with the best conversion rates and high limits.”

The bitcoinblack premium credit card allows members to convert their bitcoin as well as other major cryptocurrencies into spendable cash. Cards are available by invite only. Anyone interested in becoming a bitcoinblack member can request an invitation via the company’s website at bitcoinblackcreditcard.com.

About bitcoinblack

bitcoinblack is the world’s most exclusive crypto-powered Visa® black card. Secured by the cardholder’s bitcoin and other major cryptocurrencies, bitcoinblack opens up a world of freedom and luxury that includes no limit spending power and opulent members-only rewards powered by the $SPND token.

Contact:
Mark Cadiz
(647) 971-6096
social@bitcoinblackcreditcard.com

 

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MENA Press Releases

CGTN: Integration into national development brings new impetus to Hong Kong

BEIJING, July 3, 2022 /PRNewswire/ — The value of trade between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland has surged more than sixfold from $50.77 billion to $360.33 billion, an average annual increase of 8.5 percent since the Hong Kong’s return to the motherland 25 years ago, according to the Chinese Ministry of Commerce.

While integrating itself into the country’s overall development, Hong Kong has become an important participant in domestic circulation and a key contributor connecting domestic and international circulation.

By the end of 2021, investment from Hong Kong into the mainland had topped $1.4 trillion, accounting for 57.6 percent of the mainland’s total attraction of overseas investments.

“Proactively integrating itself into the country’s overall development and carving out its role in national strategies, Hong Kong has maintained its strengths in its high degree of openness and in aligning with international rules,” Chinese President Xi Jinping said on Friday at the meeting celebrating the 25th anniversary of Hong Kong’s return to the motherland.

“With continuously expanding areas and enabling mechanisms for Hong Kong’s cooperation and exchanges with the mainland, people in Hong Kong now have better opportunities to start their own businesses and make achievements,” he added.

Tapping into Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which aims to become a world-class bay area and city cluster, is a significant national project conceived and promoted by President Xi.

On July 1, 2017, Xi witnessed the signing of a framework agreement between the National Development and Reform Commission, the country’s top economic planner, and the governments of Guangdong, Hong Kong and Macao on deepening Guangdong-Hong Kong-Macao cooperation.

A year later, Xi announced the opening of the Hong Kong-Zhuhai-Macao Bridge, a supergiant sea-crossing traffic project that links Guangdong, Hong Kong and Macao. It has become a physical symbol of China’s vision for the GBA.

On February 18, 2019, the outline development plan for the GBA was unveiled, which envisaged creating a role model of high-quality development, an international first-class bay area and a world-class city cluster.

Last September, a plan was launched for further developing the Qianhai cooperation zone for the southern metropolis of Shenzhen and the HKSAR, with the aim of helping the zone better play an exemplary and leading role in the development of the GBA.

The number of Hong Kong-funded enterprises in the Qianhai zone surged 156 percent year on year in 2021. Of the total foreign investment in actual use in Qianhai last year, 93.8 percent was from Hong Kong.

Individuals from Hong Kong are benefiting from the GBA initiative too. Hong Kong and Macao professionals from eight sectors, including teachers, doctors and tour guides, are now allowed to practice on the mainland with mutual recognition of qualifications. By now, over 3,000 professionals have obtained qualifications on the mainland.

Addressing at the celebration, Xi again said central government fully supports Hong Kong in its effort to seize historic opportunities offered by China’s development and actively dovetail itself with the Guangdong-Hong Kong-Macao Greater Bay Area.

National governance

“Since Hong Kong’s return to the motherland, it has been re-integrated into China’s governance system, and a constitutional order was established with the ‘One Country, Two Systems’ principle as its fundamental guideline,” Xi noted.

Chinese citizens who are permanent residents of the HKSAR can participate in the governance of both the SAR and the country as empowered by law.

After its return, at the Ninth National People’s Congress (NPC) in 1998, deputies from Hong Kong began to participate in the NPC, the highest body of state power, to discuss plans for national development and problems affecting people’s lives, and to put the people’s expectations at the top of the agenda on state matters.

Meanwhile, more than 5,600 representatives from all walks of life in Hong Kong serve as members of the Chinese People’s Political Consultative Conference (CPPCC) at all levels, including over 200 in the CPPCC National Committee. They are all valued advisors on key national programs and contributors to the development of the country.

Thirty-six deputies from Hong Kong were elected to participate in the work of the 13th NPC, accounting for 1.2 percent of total deputy numbers while over 200 CPPCC members are from the HKSAR, 10 percent of the total. Both ratios significantly exceed Hong Kong’s share of the country’s population of about 0.5 percent.

https://news.cgtn.com/news/2022-06-29/Hong-Kong-25-years-on-Better-integrating-into-national-development-1bfyY0p1lWo/index.html

Categories
General

DR Congo declares end to latest Ebola outbreak

The Democratic Republic of Congo (DRC) has declared the end of its 14th Ebola outbreak after less than three months, the UN World Health Organization (WHO) said on Monday.

There were four confirmed cases of Ebola and one probable case, all of whom died, the WHO said in a statement. The outbreak was the third in Congo’s north-west Equateur province.

In the previous outbreak in Equateur Province that lasted from June to November 2020, there were 130 confirmed cases and 55 deaths.

“Thanks to the robust response by the national authorities, this outbreak has been brought to an end swiftly with limited transmission of the virus,” said Matshidiso Moeti, WHO Regional Director for Africa.

According to WHO, the just ended outbreak saw a total of 2,104 people vaccinated, including 302 contacts and 1307 frontline workers.

To facilitate the vaccination rollout, an ultra-cold chain freezer was installed in Mbandaka which allowed for vaccine doses to be stored locally and safely and be delivered effectively.

‘We can stay a step ahead’

The Democratic Republic of the Congo has now recorded 14 Ebola outbreaks since 1976, six of which have occurred since 2018.

“Africa is seeing an increase in Ebola and other infectious diseases that jump from animals to humans impacting large urban areas,” said Dr. Moeti.

Noting that “crucial lessons” had been learned” from past outbreaks and they have been applied to deploy an ever more effective Ebola response, Dr. Moeti stressed that: “We need to be ever more vigilant to ensure we catch cases quickly. This outbreak response shows that by bolstering preparedness, disease surveillance and swift detection, we can stay a step ahead.”

Staying vigilant

The UN health agency supported the DRC in implementing a strong national strategy developed early to guide response coordination; decentralizing operations to the lowest level to work closely with communities; basing the response on evidence; and regularly analyzing the epidemiological risk to rapidly adjust the response.

Although the outbreak in Mbandaka has been declared over, health authorities are maintaining surveillance and are ready to respond quickly to any flare-ups.

It is not unusual for sporadic cases to occur following an outbreak, WHO cautioned.

Source: United Nations