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The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing
Prnewswire· 2026-02-24 10:00
The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing [Accessibility Statement] Skip NavigationSHANGHAI, Feb. 24, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin, MEXC and BingX, three of the largest global crypto exchanges. As of February 24, 2026, the market price of one 9BIT token was US$0.02, representing an a ...
HUYA Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on Tuesday, March 17, 2026
Prnewswire· 2026-02-24 10:00
Core Viewpoint - HUYA Inc. is set to report its fourth quarter and fiscal year 2025 unaudited financial results on March 17, 2026, before U.S. market opening, highlighting the company's ongoing commitment to transparency and investor engagement [1]. Company Overview - HUYA Inc. is a leading provider of game-related entertainment and services, delivering live streaming and video content along with a variety of services in gaming, e-sports, and interactive entertainment [1]. - The company has developed a robust entertainment ecosystem powered by AI and advanced technologies, catering to a large community of game enthusiasts and industry partners [1]. - HUYA has expanded its offerings to include innovative game-related services such as game distribution, in-game item sales, and advertising, while continuing to grow its presence both in China and internationally [1]. Upcoming Events - A Tencent Meeting Webinar is scheduled for 6:00 a.m. U.S. Eastern Time on March 17, 2026, to discuss the company's business and financial performance, with registration required for participants [1]. - A live webcast of the webinar will be available on the company's investor relations website, along with a replay following the session [1].
Euronext Amsterdam listed SWI Stoneweg Icona Group expands digital footprint with agreement to acquire significant stake in US data center company
Prnewswire· 2026-02-24 09:37
Core Viewpoint - SWI Stoneweg Icona Group is expanding its digital infrastructure portfolio through the acquisition of significant stakes in a US data center company for a total of USD 330 million, following a previous acquisition of a private holding company for USD 170 million, which will enhance its overall shareholding and liquidation preference in the company [1]. Group 1: Acquisition Details - SWI Group has entered into a binding agreement to acquire additional interests in digital infrastructure and technology-enabled businesses for an aggregate purchase price of USD 330 million [1]. - On February 1, 2026, SWI Digital exercised its option to acquire all of the issued share capital of a private holding company for USD 170 million [1]. - Upon completion of both transactions, SWI is expected to hold 77.2% by value of the USD 1.124 billion liquidation preference attached to the preferred share classes in the company and approximately 38.3% of the total shareholding [1]. Group 2: Company Overview - SWI Stoneweg Icona Group is listed on the Amsterdam Euronext Stock Exchange under the ticker SWICH and operates in various sectors, including Data Centers, Real Estate, Credit, and the Financial Sector [1]. - The company manages approximately €11 billion in assets and has around 300 employees across 26 offices worldwide [1]. - SWI Group focuses on the development, acquisition, and management of data center assets through its subsidiary AiOnX, aiming to build high-quality, income-generating infrastructure over time [1].
Jacobs to Support National Ecosystem Survey Delivery for UK Government's Natural Capital and Ecosystem Assessment
Prnewswire· 2026-02-24 09:30
Core Insights - Jacobs has been selected by Natural England and Defra to coordinate and deliver field services for the England Ecosystem Survey, a key project in the U.K. government's Natural Capital and Ecosystem Assessment program [1] - The survey aims to assess England's ecosystems and produce a baseline of natural assets by 2029, focusing on soil, vegetation, and landscape data to inform environmental policy [1] - The contract is expected to commence immediately and conclude in the first half of 2027, with Jacobs managing survey logistics and contractor oversight [1] Company Overview - Jacobs generates approximately $12 billion in annual revenue and employs nearly 43,000 people, providing end-to-end services across various sectors including environmental and infrastructure [1] - The company has been involved in soil sampling for the England Ecosystem Survey since 2024, contributing to the largest field survey in England's history [1] - Jacobs operates over 15 core offices and more than 35 additional sites across the U.K., collaborating with government and private sectors to enhance critical infrastructure and community programs [1]
INVESTOR DEADLINE: Navan, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-02-24 09:15
Core Viewpoint - The Navan class action lawsuit alleges that Navan, Inc. and its executives misled investors regarding the company's financial health and future expenses during its IPO, leading to significant stock price declines after the IPO [1][3][4]. Group 1: Class Action Lawsuit Details - The lawsuit seeks to represent purchasers of Navan, Inc. common stock related to its IPO on October 31, 2025, where nearly 37 million shares were issued at $25.00 per share [1][2]. - The lawsuit claims that the offering documents were materially false or misleading, particularly regarding a 39% increase in sales and marketing expenses shortly after the IPO [3][4]. - Following the earnings report on December 15, 2025, which revealed increased expenses to nearly $95 million, Navan's stock price fell nearly 12% [4]. Group 2: Stock Performance - By the time the lawsuit commenced, Navan's stock price had dropped to as low as $9.20 per share, representing a nearly 63% decline from the IPO price of $25.00 [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Navan common stock during the IPO to seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [7].
ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
Prnewswire· 2026-02-24 09:00
Core Viewpoint - ChipMOS Technologies Inc. reported strong financial results for the fourth quarter and full year of 2025, driven by increased demand for high-value memory solutions, particularly in datacenter and AI-related applications [1]. Financial Performance - Revenue for Q4 2025 was NT$6,521.1 million (US$207.9 million), a 20.8% increase from NT$5,399.6 million (US$172.1 million) in Q4 2024 [1]. - Full year revenue for 2025 reached NT$23,932.9 million (US$762.9 million), up 5.5% from NT$22,695.9 million (US$723.5 million) in 2024 [1]. - Q4 2025 net earnings were NT$499.7 million (US$15.9 million), translating to NT$0.72 (US$0.02) per basic common share, compared to NT$232.2 million (US$7.4 million) and NT$0.32 (US$0.01) per basic common share in Q4 2024 [1]. - Net profit for the fiscal year 2025 was NT$495.1 million (US$15.8 million), down from NT$1,420.0 million (US$45.3 million) in 2024 [1]. Cash Flow and Financial Position - The company reported a net free cash inflow of NT$1,554.8 million (US$49.6 million) for the full year 2025 [1]. - Cash and cash equivalents stood at NT$14,858.9 million (US$473.7 million) as of December 31, 2025 [1]. Non-Operating Expenses - Q4 2025 net non-operating expenses were NT$23.8 million (US$0.8 million), a decline from net non-operating income of NT$154.6 million (US$4.9 million) in Q4 2024 [1]. - Full year net non-operating expenses for 2025 totaled NT$555.4 million (US$17.7 million), compared to net non-operating income of NT$373.1 million (US$11.9 million) in 2024 [1]. Market Position and Services - ChipMOS is recognized as an industry leader in outsourced semiconductor assembly and test services (OSAT), providing end-to-end solutions to various semiconductor companies globally [2].
Kyndryl and University of Liverpool to Spearhead Health Innovation with Agentic AI
Prnewswire· 2026-02-24 09:00
Core Insights - Kyndryl and the University of Liverpool are collaborating to develop next-generation healthcare technologies using AI, specifically through Kyndryl's Agentic AI Framework and the University's research expertise [1] - The initiative aims to enhance patient interaction and healthcare services, particularly for underserved populations, by creating AI-driven solutions such as conversational AI services [1] - The collaboration aligns with the Liverpool City Region's Life Sciences Innovation Zone, positioning the area as a hub for health and life sciences innovation [1] Group 1: Collaboration Details - The partnership will co-develop blueprints for healthcare technologies, focusing on AI projects that improve patient experiences [1] - Phase one of the collaboration will evaluate conceptual AI projects aimed at enhancing patient interaction and healthcare service utilization [1] - The projects will utilize population health datasets and testbed environments to create a library of innovation-ready models [1] Group 2: Impact and Goals - The collaboration seeks to address significant health disparities in the Liverpool area, where life expectancy can differ by up to 15 years between affluent and disadvantaged communities [1] - The initiative aims to provide more preventive and personalized care while effectively targeting resources to assist vulnerable populations [1] - Kyndryl's AI innovation lab, launched in May 2025, will play a crucial role in developing solutions for real-world health challenges [1] Group 3: Institutional Background - Kyndryl is a leading provider of mission-critical enterprise technology services, operating in over 60 countries [1] - The University of Liverpool is a prominent research-intensive institution with an annual turnover of £708.3 million and a research income of £163.1 million [1] - The University is ranked among the top 150 universities globally and is a member of the Russell Group, reflecting its significant academic influence [1]
Cognizant selected for global AI-driven workplace services transformation
Prnewswire· 2026-02-24 09:00
Group 1 - Cognizant has been selected by a major commercial vehicle manufacturer to transform and modernize its global workplace services through a multi-year partnership focused on AI and automation [1] - The initiative will utilize Cognizant WorkNEXT™, an AI-powered digital platform designed to enhance workplace operations and user experience across global factories and offices [1] - The CEO of Cognizant emphasized the importance of applying AI, automation, human-centric design, and responsible governance to create a resilient and future-ready environment for the workforce [1] Group 2 - The partnership aims to improve efficiency, adaptability, and user satisfaction within the operations of the commercial vehicle manufacturer [1] - Cognizant's approach includes building adaptive, integrated, and human-centric workplaces that balance AI-driven automation with high-touch support [1] - The collaboration reflects Cognizant's commitment to helping clients modernize technology and transform experiences in a rapidly changing business landscape [1]
ArisGlobal Launches XDI
Prnewswire· 2026-02-24 08:42
ArisGlobal Launches XDI [Accessibility Statement] Skip NavigationXDI brings the first federated solution for life sciences, collapsing data silos, unifying meaning, and powering enterprise-wide explainable decision- making at scaleBOSTON, Feb. 24, 2026 /PRNewswire/ -- [ArisGlobal], an AI-first technology company at the forefront of life sciences and creator of LifeSphere®, has launched [XDI], its Data Intelligence Cortex. Introduced at the company's Breakthrough 2026 event, XDI transforms regulated life sci ...
Gentoo Media publishes Q4 2025 Interim Report - Updated report
Prnewswire· 2026-02-24 08:41
[https://mb.cision.com/Main/15972/4311981/3948490.pdf]Gentoo_Media_Q4_230226_Updated## 21%[more press release views with Request a Demo]## Also from this source### Gentoo Media publishes Q4 2025 Interim Report - Updated report[Gentoo Media today publishes its Q4 2025 interim report, concluding a year of operational strengthening and improved financial discipline. The fourth ...]### Gentoo Media publishes Q4 2025 Interim Report[Gentoo Media today publishes its Q4 2025 interim report, concluding a year of ope ...