Kingdom

BitTrunks Announces the Release of World’s First-Ever NFT Art Made by an Elephant

Monday, October 18, 2021 - 2:30pm

BitTrunks www.bittrunks.com , the NFT-branch of Elephant Art Online (EAO) www.elephantartonline.com , today announced the debut of its NFT (non-fungible token) initial release featuring the worlds first NFT created by an elephant.

Key Points: 
  • BitTrunks www.bittrunks.com , the NFT-branch of Elephant Art Online (EAO) www.elephantartonline.com , today announced the debut of its NFT (non-fungible token) initial release featuring the worlds first NFT created by an elephant.
  • The NFT artwork was produced by Tunwa (TW), a 7-year-old elephant who was born and raised at the Maetaeng Elephant Park & Clinic in Chiang Mai, Thailand.
  • Elephant Art Online is the original seller of elephant paintings from Thailand and home of world-famous Suda the Elephant as featured on The Joe Rogan Experience and in The New York Times.
  • Elephant Art Online is the original seller of Elephant Art in Thailand, created at the Maetaeng Elephant Park & Clinic in Chiang Mai, Thailand.

Embracer Group acquires mobile game developer Jufeng Studio and eight mobile titles

Thursday, October 14, 2021 - 7:49am

STOCKHOLM, Oct. 14, 2021 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary DECA Games, has acquired Gaea's mobile studio Jufeng and its six titles.

Key Points: 
  • STOCKHOLM, Oct. 14, 2021 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary DECA Games, has acquired Gaea's mobile studio Jufeng and its six titles.
  • says Ken Go, CEO of DECA Games
    The Jufeng Studio, is a mobile studio founded 2015, based in Beijing, China and was previously owned by Gaea.
  • The Jufeng Studio will operate as an independent studio within DECA Games and will keep its existing management.
  • The six titles were originally developed and launched by other studios, later acquired and further developed by the Jufeng Studio.

All-New Lexus LX Premieres as the 2nd Model of Lexus Next Generation Following NX

Thursday, October 14, 2021 - 1:56am

Since its launch in 1996, the LX has been well received as Lexus' flagship SUV due to its high-quality, ride comfort, and driving performance that can withstand all kinds of roads around the world.

Key Points: 
  • Since its launch in 1996, the LX has been well received as Lexus' flagship SUV due to its high-quality, ride comfort, and driving performance that can withstand all kinds of roads around the world.
  • This has been achieved by refining the founding concepts of the LX: "reliability", "durability", and "rough-road driving performance".
  • The new LX is designed to provide vehicle occupants with exceptional comfort and enrich their life experiences.
  • Among other featured technologies, Lexus' first fingerprint-authentication push-start switch contributes to reducing the risk of theft.

Boxed Continues to Grow Software & Services Business with Expansion into New Markets

Wednesday, October 13, 2021 - 1:00pm

NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Boxed (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced a partnership with 786 Holdings Limited to deliver e-commerce software and services technology to the Middle East and North Africa (“MENA”).

Key Points: 
  • Boxed commenced its international expansion initiatives in 2021 through an exclusive partnership with Aeon beginning with a successful rollout of its proprietary technology in Malaysia.
  • The Company is currently exploring further expansion with Aeon in Southern Asia, including Vietnam.
  • Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology.
  • Seven Oaks Acquisition Corp. is a special purpose acquisition company formed for the purpose of entering into a business combination.

Virgin Megastore in Saudi Arabia to Accelerate Digital Transformation with IBM and SAP

Wednesday, October 13, 2021 - 1:00pm

ARMONK, N.Y., Oct. 13, 2021 /PRNewswire/ -- IBM (NYSE: IBM ), in collaboration with its business partner in Saudi Arabia Brmaja Commercial Company (Brmaja), has announced that Virgin Megastore KSA, a major entertainment retailer in the Kingdom of Saudi Arabia, is migrating its SAP ERP application workloads to IBM Cloud as part of its hybrid cloud strategy.

Key Points: 
  • ARMONK, N.Y., Oct. 13, 2021 /PRNewswire/ -- IBM (NYSE: IBM ), in collaboration with its business partner in Saudi Arabia Brmaja Commercial Company (Brmaja), has announced that Virgin Megastore KSA, a major entertainment retailer in the Kingdom of Saudi Arabia, is migrating its SAP ERP application workloads to IBM Cloud as part of its hybrid cloud strategy.
  • Habits formed during the COVID-19 pandemic have raised consumers' expectations for digital engagement, especially in service industries like retail.
  • By migrating its ERP workloads to IBM Cloud, Virgin Megastore KSA will aim to boost productivity across business functions to help meet the evolving needs of its growing network of shoppers.
  • "By working with Virgin Megastore KSA to accelerate their digital transformation, we are able to support their business vision and fuel their growth."

Western Union Expands Global Ecosystem with Completion of Investment into stc Bank

Tuesday, October 12, 2021 - 9:05pm

According to the terms of the transaction, Western Union has acquired 15% ownership of stc Bank for $200 million.

Key Points: 
  • According to the terms of the transaction, Western Union has acquired 15% ownership of stc Bank for $200 million.
  • We are very excited about our investment in stc Bank as it supports the expansion of our global consumer ecosystem and accelerates Western Unions growth strategy by deepening our relationship with an innovative partner in an important region for digital payments, said Western Union Chief Executive Officer Hikmet Ersek.
  • This partnership sees Western Union provide money transfer services that allow stc Banks users to send money from its app to 200+ countries and territories in 130+ currencies through Western Unions extensive global financial network of bank accounts, wallets and cards.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.

Saudi Arabia's AutoWorld Goes Live with Infor CloudSuite Equipment

Tuesday, October 12, 2021 - 2:00pm

DUBAI, UAE, Oct. 12, 2021 /PRNewswire/ --Infor, the industry cloud company, today announced at Gitex that Al-Jazira Equipment Co. Ltd. (commercially known as AutoWorld ), part of SEDCO Holding and a pioneer in auto leasing in the Kingdom of Saudi Arabia, has completed its deployment of Infor CloudSuite Equipment and Infor People Solutions to help spearhead its digital transformation supported by Infor Consulting Services and running on Amazon Web Services (AWS).

Key Points: 
  • DUBAI, UAE, Oct. 12, 2021 /PRNewswire/ --Infor, the industry cloud company, today announced at Gitex that Al-Jazira Equipment Co. Ltd. (commercially known as AutoWorld ), part of SEDCO Holding and a pioneer in auto leasing in the Kingdom of Saudi Arabia, has completed its deployment of Infor CloudSuite Equipment and Infor People Solutions to help spearhead its digital transformation supported by Infor Consulting Services and running on Amazon Web Services (AWS).
  • AutoWorld is headquartered in Al-Khobar and has offices throughout Saudi Arabia, covering all major commercial and industrial cities.
  • This September, we launched operational leasing to individuals, and now Infor CloudSuite Equipment will support us in this B2C business as well."
  • "Infor's CloudSuite Equipment solution helps provide flexibility to manage mix-mode and complex environments, while also giving the agility and scalability required to prosper in Saudi Arabia's thriving private sector."

Hitachi ABB Power Grids Consortium Awarded Major Contract

Wednesday, October 6, 2021 - 6:13am

At Hitachi ABB Power Grids, we are enabling interconnections between continents, with unique capability to reliably exchange electric power at scale, across borders and time zones."

Key Points: 
  • At Hitachi ABB Power Grids, we are enabling interconnections between continents, with unique capability to reliably exchange electric power at scale, across borders and time zones."
  • For example, Hitachi ABB Power Grids was involved in the go live of the North Sea Link that was put into commercial operation earlier this month.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.

The Metals Company and SGS Group Commence Test Work & Pilot Demonstrations to Extract Critical Battery Metals from Seafloor Rocks

Wednesday, October 6, 2021 - 1:00pm

This important work program with SGS comes on the heels of TMCs public listing to the Nasdaq in September.

Key Points: 
  • This important work program with SGS comes on the heels of TMCs public listing to the Nasdaq in September.
  • SGS is providing TMC with the necessary equipment, resources and expertise to extract the battery-grade nickel sulfate, cobalt sulfate, and copper cathode, metals required to build EV batteries and wiring.
  • Once collected, they can be shipped directly to the U.S. and processed and refined here with near-zero solid waste.
  • TMC cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

The Metals Company Provides Business Update as It Advances Plan to Unlock Critical Battery Metal Resource

Monday, October 4, 2021 - 2:08pm

NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ: TMC) (the Company or TMC), an explorer of the worlds largest estimated undeveloped source of battery metals for EVs, today reaffirmed its development and capital outlook and provided a business update.

Key Points: 
  • NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ: TMC) (the Company or TMC), an explorer of the worlds largest estimated undeveloped source of battery metals for EVs, today reaffirmed its development and capital outlook and provided a business update.
  • We continue building the operational, strategic and scientific foundations we need to unlock our enormous estimated resource with a lighter planetary and social footprint than land-based mining.
  • TMC completed the pilot smelting phase of its pyrometallurgical campaign , deriving an alloy comprised of high-grade battery metals.
  • Metal prices in Initial Assessment for NORI-D: $16,106/t nickel, $6,787/t copper, $46,416/t cobalt and $4.53 per dry metric tonne unit manganese (based on 40% manganese ore price).