Dai

RiskOn International Announces Strategic Partnership with MeetKai for the Launch of askROI.com with Early Access Starting March 4, 2024; Unveils New Sales Force Initiative and Highlights Competitive Advantage

Retrieved on: 
Monday, February 26, 2024
Data Management, Security, Technology, Other Technology, Software, Artificial Intelligence, Internet, Dai, AI, Intelligence, Synthetic media, Organization, Partnership

The Company is pleased to announce a strategic partnership with MeetKai, co-founded by Weili Dai and James Kaplan, for the launch of askROI.

Key Points: 
  • The Company is pleased to announce a strategic partnership with MeetKai, co-founded by Weili Dai and James Kaplan, for the launch of askROI.
  • With early access starting on March 4, 2024, askROI invites users to experience the future of AI technology ahead of its full launch.
  • In preparation for this initiative, RiskOn has established a dedicated sales force aimed at empowering businesses globally to integrate generative AI into their operations.
  • Since our founding in 2018, we’ve been diligently developing conversational AI technologies, which have already reached over 50 million users worldwide.

Rakuten Medical Closes $119 Million Series E Financing to Further Develop its Alluminox™ Platform

Retrieved on: 
Thursday, March 7, 2024
Dai, Hikma, Internet, Biotechnology, Mizuho Bank, Investment, Patient, Dai-ichi Life, SBI Group, Pharmaceutical industry

I would like to thank our many investors for having valued our achievements and great potential.

Key Points: 
  • I would like to thank our many investors for having valued our achievements and great potential.
  • Rakuten Medical also welcomed Mazen Darwazah, Hikma's Executive Vice Chairman and President of MENA region, to its Board of Directors.
  • Darwazah is an experienced executive with more than 38 years of pharmaceutical industry experience gained through serving in various positions within the Hikma Group.
  • In making this investment and appointment to the Board of Directors, Darwazah commented, "I am honoured to join Rakuten Medical's board.

LAMDRE IN BEIJING WINS COVETED AMERICAN EXPRESS ONE TO WATCH AWARD 2024, PART OF ASIA'S 50 BEST RESTAURANTS AWARDS PROGRAMME

Retrieved on: 
Monday, March 4, 2024
Dai, Sustainability, Love, Restaurant, Nature, Content, Best, Partnership

4, 2024 /PRNewswire/ -- Lamdre in Beijing is the 2024 recipient of the coveted American Express One To Watch Award.

Key Points: 
  • 4, 2024 /PRNewswire/ -- Lamdre in Beijing is the 2024 recipient of the coveted American Express One To Watch Award.
  • This accolade is determined by the organisers of Asia's 50 Best Restaurants in partnership with its regional advisers and recognises restaurants that demonstrate the gastronomic excellence, innovation and culinary potential to break into the Asia's 50 Best Restaurants ranking in future years.
  • Zhao says: "We are humbled and honoured to receive the prestigious Asia's 50 Best Restaurants American Express One To Watch Award.
  • The Asia's 50 Best Restaurants 2024 awards, sponsored by S.Pellegrino & Acqua Panna, will be held live in Grand InterContinental Seoul Parnas, Seoul, South Korea on 26 March 2024.

MEETKAI ANNOUNCES NEW COLLABORATION WITH DETROIT PISTONS DURING KEYNOTE ADDRESS AT MWC 2024

Retrieved on: 
Thursday, February 29, 2024
Dai, Love, NBPA, AI, Piston, Little Caesars Arena, Detroit Pistons, Clothing, Drone, Organization, National Basketball Players Association, Charlotte Hornets, Partnership

LOS ANGELES, Feb. 29, 2024 /PRNewswire/ -- MeetKai, the leading immersive AI company, and the Detroit Pistons have officially announced the beginning of its collaboration with the creation of the team's first-ever virtual world. Set to launch later this year, "Detroit Pistons World" will feature a virtual fan marketplace, themed games, merchandise for purchase, gated content and more that Pistons fans won't want to miss.

Key Points: 
  • LOS ANGELES, Feb. 29, 2024 /PRNewswire/ -- MeetKai , the leading immersive AI company, and the Detroit Pistons have officially announced the beginning of its collaboration with the creation of the team's first-ever virtual world.
  • "Both MeetKai and the Detroit Pistons are thrilled about this partnership.
  • "We are proud to welcome MeetKai as our newest partner," said Adam Falkson, Vice President Business Intelligence at the Pistons.
  • To learn more about future developments of the "Detroit Pistons World," follow along at www.meetkai.com for updates.

iHuman Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, February 29, 2024
Dai, Transfer, RMB, Research, IH, Perfect, Growth, IPad, Cartoon, Annual report, IPO, Apple, Federal Reserve, Animation, Development, Maus, Marketing, GAAP, Birth rate, IP, Acquisition, ADS, Video game

BEIJING, Feb. 29, 2024 /PRNewswire/ -- iHuman Inc. (NYSE: IH) ("iHuman" or the "Company"), a leading provider of tech-powered, intellectual development products in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • BEIJING, Feb. 29, 2024 /PRNewswire/ -- iHuman Inc. (NYSE: IH) ("iHuman" or the "Company"), a leading provider of tech-powered, intellectual development products in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • It also earned YouTube's Silver Creator Award and rose to rank among the top three most popular children's apps on the U.S. Apple app store in the fourth quarter.
  • Ms. Vivien Weiwei Wang, Director and Chief Financial Officer of iHuman, added, "Our fourth quarter results ended 2023 on a positive note despite a turbulent global economic environment.
  • While our fourth quarter results saw a marginal decrease year-over-year, it reflected a normalization from the exceptional fourth quarter performance last year, which was caused by a heightened demand driven by more indoor activities during the pandemic.

CobbleStone Software is Now Available on Google Cloud Marketplace

Retrieved on: 
Tuesday, February 20, 2024
Cloud, Dai, Software, Google Cloud, Marketing, E-procurement, ISV, CLM, SPARK, Network equipment provider

PRINCETON, N.J., Feb. 20, 2024 /PRNewswire-PRWeb/ -- CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report– continues to keep user accessibility in the forefront by making their award-winning CLM software available to purchase on Google Cloud Marketplace.

Key Points: 
  • CobbleStone Software's leading CLM software, CobbleStone Contract Insight®, is now available for purchase on Google Cloud Marketplace.
  • "Bringing CobbleStone Software to Google Cloud Marketplace will help customers deploy, manage, and grow the CobbleStone Contract Insight platform on Google Cloud's trusted, global infrastructure," said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud.
  • > Existing Google Cloud Marketplace customers can utilize their unused Google Cloud commitment spend towards licensing CobbleStone Contract Insight, which is hosted on a highly scalable Google Cloud infrastructure.
  • "Bringing CobbleStone Software to Google Cloud Marketplace will help customers deploy, manage, and grow the CobbleStone Contract Insight platform on Google Cloud's trusted, global infrastructure," said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud.

MAISON SOLUTIONS INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $25,000 In Maison Solutions To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024
Dai, Acquisition, Court, Prospectus, International Marxist Group, Register, News, Advertising, Hindenburg, IPO, Woman, EB-5, WhatsApp, Supermarket, LLP, Hindenburg Research, Defendant, Offering, SBA

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Maison Solutions Inc. (“Maison Solutions” or the “Company”) (NASDAQ: MSS) and reminds investors of the March 4, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • In the IPO, the Company sold 2,500,000 shares of Class A common stock at a price of $4.00 per share.
  • On this news, Maison Solutions' stock price fell $12.71 per share, or 83.6%, to close at $2.50 per share on December 15, 2023, thereby injuring investors.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Maison Solutions’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Emotional Link LLC CEO Naoto Sato Interviews Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities"

Retrieved on: 
Thursday, February 15, 2024
Other Education, Continuing, Professional Services, University, Primary, Secondary, Education, Training, Business, Dai, Student, Doctor of Philosophy, Computer science, Multimedia, National academy, Privacy, Science, Bell Labs, Commerce, Methodology, AMPL, Life, Arithmetic, Habit, Mathematics, Keio University, AWK, Book, Research, American Academy

Emotional Link LLC , a business information dissemination company based in Minato Ward, Tokyo, has released an interview article with Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities”.

Key Points: 
  • Emotional Link LLC , a business information dissemination company based in Minato Ward, Tokyo, has released an interview article with Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities”.
  • The article , which is available on the Emotional Link LLC website, specifically targeting business professionals and students aspiring entrepreneurs who struggle with arithmetic, delves into the mindset of individuals proficient with arithmetic and explores methods for improving arithmetic skills based on this mindset.
  • He also emphasized that improving arithmetic skills even as an adult is not difficult, and it can be achieved by simply repeating basic calculations in everyday life.
  • Naoto Sato is the CEO of Emotional Link LLC.

MEETKAI AND NBPA SET TO THRILL BASKETBALL FANS WITH LAUNCH OF FIRST-EVER VIRTUAL EXPERIENCE DURING ALL-STAR WEEKEND

Retrieved on: 
Thursday, February 15, 2024
Dai, NBPA, NBA, Sanctuary, SVP, CJ, Circle Centre Mall, Partnership, Entrepreneurship, All Star Weekend, CES, National Basketball Players Association, NFL, Athlete

LOS ANGELES, Feb. 15, 2024 /PRNewswire/ -- MeetKai, the leading metaverse and conversational AI company, along with THINK450, the partnership and innovation engine of the National Basketball Players Association (NBPA), officially announced the debut of its highly anticipated metaverse experience, open to fans across the world today. Coinciding with All-Star Weekend, this groundbreaking virtual space promises an easily accessible, immersive experience for basketball enthusiasts unlike anything before, offering for the first time exclusive access to players, merchandise, contests, and more.

Key Points: 
  • Coinciding with All-Star Weekend, this groundbreaking virtual space promises an easily accessible, immersive experience for basketball enthusiasts unlike anything before, offering for the first time exclusive access to players, merchandise, contests, and more.
  • The vault will also include merchandise from The Sanctuary capsule, a performance line previously reserved only for players.
  • Additionally, fans can also join virtual meet-and-greets with NBPA members such as CJ McCollum, enabling them to take selfies with their avatars and ask questions in real-time.
  • To visit the virtual NBPA experience, please visit brotherhooddeli.world .

Measuring market-based core inflation expectations

Retrieved on: 
Thursday, February 15, 2024
Dai, Bias, Kálmán, Growth, Journal of Financial Economics, HICP, Leg, GDP, R2, Section 2, The Journal of Finance, Treasury, Literature, Reproduction, Research Papers in Economics, Money, Bank, Working paper, Journal of Monetary Economics, E52, TIPS, Autocorrelation, Canadian International Council, OIS, Intuition, Medical classification, Estimation, XT, Paper, Bank of England, NX, Shock, Y5, Principal component analysis, ATSM, Calendar, Economy, VAR, Section 5, System, Central bank, Fed, European Central Bank, Business, Section 4, Trust, Research, The Econometrics Journal, JEL, Core, Personal ordinariate, E31, Federal Reserve, Projection, Food, Risk, SPF, PDF, COVID-19, Observation, MPE, Policy, Finance, Website, Social science, American Economic Journal, Credit, ECB, Model, Palladium

Abstract

Key Points: 
    • Abstract
      We build a novel term structure model for pricing synthetic euro area core inflation-linked
      swaps, a hypothetical swap contract indexed to core inflation.
    • The model provides estimates of market-based expectations for core inflation, as
      well as core inflation risk premia, at daily frequency, whereas core inflation expectations from
      surveys or macroeconomic projections are typically only available monthly or quarterly.
    • We
      find that core inflation-linked swap rates are generally less volatile than headline inflationlinked swap rates and that market participants expected core inflation to be substantially
      more persistent than headline inflation following the 2022 energy price spike.
    • In this paper, we aim to infer market-based core inflation expectations, which are otherwise
      not directly observable because no financial asset directly tied to core inflation exists.
    • We deem this second assumption reasonable because HICP inflation itself is a linear combination
      of core as well as energy and food inflation.
    • The level of 2 percent and relatively low volatility of
      long-term inflation expectations suggests that inflation expectations are firmly anchored at the
      ECB?s 2 percent inflation target.
    • This assumption appears reasonably uncontroversial,
      as core inflation is a sub-component of headline inflation, which the observable headline ILS
      rates are tied to.
    • Our estimates of core ILS rates reflect both market participants? genuine core
      inflation expectations and a core inflation risk premium, but our model explicitly allows for
      this decomposition.
    • The model-implied estimates of core ILS rates appear reasonable along several dimensions:
      (i) like realized core inflation is less volatile than headline inflation, the core ILS rates are less
      volatile than headline ILS rates, (ii) core ILS rates comove less with oil prices than headline
      ILS rates, (iii) the core inflation expectations, as reflected in core ILS rates, typically evolve
      similarly as the core inflation projections by Eurosystem staff, and (iv) consistent with market
      commentary at the time, core ILS rates suggest that market participants expected core inflation
      to be substantially more persistent than headline inflation following the 2022 energy price spike.
    • To the best of our knowledge, we are the first to price core ILS rates and decompose them into
      market-based expectations for and risks around the core inflation outlook.
    • Our approach to inferring core ILS
      rates from headline ILS rates, realized headline and core inflation as well as survey expectations
      for headline and core inflation is also related to Ang et al.
    • Relative
      to their study, we separately measure core inflation expectations and risk premia, we provide
      core inflation expectations at a higher-frequency, and we provide evidence on the causal effects

      ECB Working Paper Series No 2908

      6

      of monetary policy shocks on core inflation expectations and risk premia.

    • Specifically, we decompose the synthetic core ILS rates
      into average expected core inflation over the lifetime of the swap contract and a core inflation
      risk premium that compensates investors for core inflation risk.
    • In
      our model below, this term is constant over time and relatively small, so we will simply refer
      to the core inflation risk premium as the difference between the core ILS rate and the average
      expected core inflation over the lifetime of the swap contract.
    • 3.2

      Core ILS rates

      To have a joint model for headline and core ILS rates, we need one further assumption on the
      dynamics of realized core inflation.

    • The assumption that core inflation is driven by the same set of factors as headline inflation
      should be relatively uncontroversial: since headline inflation is a weighted average of core and
      food and energy inflation, it should reflect any factors driving core inflation.
    • If there are factors
      driving food and energy inflation, which do not show up in core inflation, then those factors
      should still show up in headline inflation.
    • In step two, to be able to infer the factor
      loadings of core inflation, we would regress realized core inflation onto the estimated latent
      factors to identify the additional parameters in equation (12).
    • Before the fourth
      quarter of 2016, the SPF did not ask respondents for their core inflation expectations, so we
      are not able to use survey-based information about core inflation before then.
    • Before
      2016, the fitted core inflation series is somewhat above the realized one, potentially reflecting
      that the model has limited information about core inflation over this early period due to the
      lack of information about core inflation from surveys.
    • This could have been the
      case if one of the factors moved core inflation and energy and food inflation in exactly offsetting
      direction, so the overall impact on headline inflation was exactly zero.
    • During 2021, for example, there were

      ECB Working Paper Series No 2908

      25

      Figure 7: Decomposition of synthetic core ILS rates
      2y core ILS

      5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      10y core ILS

      5y5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      Note: Synthetic core ILS rates decomposed into genuine core inflation expectations and core inflation risk
      premia.

    • ECB Working Paper Series No 2908

      26

      Figure 8: Decomposition of ILS rates
      2y ILS

      5y ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      10y ILS

      2018

      2022

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2014

      exp

      5y5y ILS

      5
      4

      premia

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      premia

      2014

      2018

      exp

      2022

      Note: ILS rates decomposed into genuine core inflation expectations and core inflation risk premia.

    • We find that the headline inflation risk premium
      indeed does responds more strongly than the core inflation risk premium.
    • The key
      assumption underlying our approach is that traded headline ILS rates span core inflation, which

      ECB Working Paper Series No 2908

      35

      should be reasonably uncontroversial as core inflation is a sub-component of headline inflation.

    • We fit the model to euro area headline ILS rates, realized headline and core inflation, and
      both headline and core inflation expectations reported in the SPF.
    • Decomposing our core ILS rates into genuine core inflation expectations and core
      inflation risk premia shows that shorter maturities mainly reflect core inflation expectations,
      while the core inflation risk premium matters relatively more for longer maturities.
    • Our results suggest that a monetary policy tightening surprise significantly lowers
      near-term core inflation expectations, although less so than it lowers headline inflation expectations.