BRISBANE, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (“Vera”), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC (“Oxford”). The new credit facility will replace Vera’s existing $50 million credit facility. The initial fund ...

Core Viewpoint - NioBay Metals Inc. has successfully made its first product deliveries from the SGS pilot plant in Québec City, marking a significant milestone for the Crevier niobium and tantalum project, supported by a grant from the Ministère des Ressources naturelles et des Forêts [1][2][4] Group 1: Project Developments - The grant received allowed NioBay to test the niobium-tantalum concentration process on a pilot scale, with initial deliveries aimed at verifying product specifications with potential customers [2] - The Crevier Project will focus on producing niobium oxide for battery manufacturers and tantalum oxide for high-tech applications [3] Group 2: Partnerships and Collaborations - NioBay will distribute concentrate to research partners, including Université Laval, CENET, and URSTM, to explore unconventional production methods for Niobium Ammonium Oxalate (ANO) [3] Group 3: Company Vision and Strategy - NioBay aims to lead in developing mines with low carbon consumption and responsible management practices, emphasizing the importance of Indigenous community participation in its operations [6] - The company holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Project, with an option to acquire an 80% interest in the Foothills project [6] Group 4: Industry Context - Niobium is a ductile and corrosion-resistant metal used in various sectors, enhancing material properties and reducing environmental impacts when added to materials like steel and aluminum [7]

PARIS, June 03, 2025 (GLOBE NEWSWIRE) -- WeRide, a global leader in autonomous driving technology, is partnering with Renault Group, a premium partner of Roland-Garros, for the second consecutive year, to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament on the iconic clay courts. (Passengers waiting to board WeRide's Robobus at Roland-Garros) The return of the Robobus service to Roland-Garros — one of the world's most prestigious sporting events — highlights the su ...

BANGKOK, June 03, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that its management will present virtually at the Rosenblatt Securities 5th Annual Technology Summit. The Fabrinet presentation is scheduled for Tuesday, June 10, 2025 at 11:00 a.m. EDT (8:00 a.m. PDT). A live webcast, as well as a replay, will b ...

VAL D'OR, Quebec, June 03, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″Agreement″) with Exploits Discovery Corp. (CSE: NFLD) (″Exploits″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″Wilson Property″); (b) the ″Fenton project″ located in Cha ...

Presenting a joint white paper with pSemi nominated for Best Industry Paper Award highlighting next-generation RF switch technology MIGDAL HAEMEK, Israel, June 3, 2025 – Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced its participation in the upcoming International Microwave Symposium (IMS) 2025, taking place June 16–21 in San Francisco, California, highlighting its advanced RF & HPA technology platform and latest advancements in RF ...

Core Viewpoint - The International Science, Technology and Innovation Forum (ISTIF) of Boao Forum for Asia (BFA) will be held in Hong Kong on June 6-7, 2025, focusing on the theme of "Transitioning Towards the Future: Powered by Science and Technology Innovation" [1] Group 1: Forum Overview - The ISTIF serves as a platform for high-level dialogue among government, business, and academia in scientific and technological innovation, aiming to foster global collaboration and achieve the UN's 2030 Agenda for Sustainable Development [2] - Previous ISTIF sessions have taken place in Macao (2020), Guangzhou (2022), and Zhuhai (2023), leading to the establishment of long-term cooperation mechanisms in the Guangdong-Hong Kong-Macao Greater Bay Area and enhancing technology transfer along the Belt and Road Initiative [2] Group 2: Hong Kong's Role - Hong Kong is positioned as a gateway connecting the Chinese mainland, the Asia-Pacific region, and the global market, with its sci-tech innovation development accelerating due to its industrial clusters and status as a financial center [3] - Hosting the ISTIF will enhance Hong Kong's role as a "super-connector" and "super value-adder" in technological innovation, supporting the Greater Bay Area's ambition to become a globally influential hub [3] Group 3: Global Context and Challenges - The world is experiencing a rapid transformation in science and technology, which brings both benefits and challenges, including data security, technological ethics, and privacy protection [4] - The ISTIF aims to provide insights for strengthening international cooperation in sci-tech innovation and contribute to developing a new global governance framework for science and technology [4]

Core Points - Garðabær has completed an offering in the bond series GARD 11 1, with total bids amounting to 2.385 billion ISK at face value [1] - The decision was made to accept bids totaling 1.370 billion ISK at a yield requirement of 3.90% [1] - The outstanding amount prior to the offering was 3.000 billion ISK at face value, bringing the total size of the series to 4.370 billion ISK at face value [1] - Settlement of the transactions will take place on Wednesday, June 11, 2025 [1] - The municipal council has confirmed the outcome of the offering and referred it to the approval of the city council [1]

Core Insights - China's instant retail sector is entering a new phase of intense competition, with JD.com and Meituan leading the charge by utilizing food delivery as a key driver for user growth and market expansion in 2025 [1][2][31] Group 1: Competitive Landscape - JD.com and Meituan have engaged in multiple rounds of online disputes regarding their food delivery services, highlighting their ambitions in the instant retail space [3] - Both companies have been investing in instant retail for over a decade, with JD.com focusing on supply chain and logistics, while Meituan launched its "Flash Sale" brand in 2018 [4][5] - The competition intensified in April 2025, with both companies launching their respective instant delivery services simultaneously [31] Group 2: Market Potential - The instant retail market in China reached approximately RMB 780 billion in 2024, accounting for only 6% of total online retail of physical goods, with expectations to surpass RMB 2 trillion by 2030 [11][12] - Instant retail is characterized by high purchase frequency and rapid conversion, making it a critical lever for business growth [15] Group 3: User Growth and Engagement - JD.com has seen a significant increase in daily new user volume since launching its food delivery service, surpassing Meituan's numbers as of April 16, 2025 [33] - Average daily online time for JD.com users reached 14.27 minutes as of April 23, 2025, reflecting a 54% increase compared to the previous year [33] Group 4: Strategic Moves - JD.com has adopted a proactive public relations strategy, focusing on courier welfare and launching various promotional benefits to attract users and merchants [28][24] - Meituan's financial reports indicate a consistent growth in gross profit margin, with a focus on expanding its Flash Warehouse model in lower-tier markets [17] Group 5: Infrastructure and Operational Strategies - JD.com emphasizes a self-operated model for its instant retail business, leveraging its investments in e-commerce warehousing, while Meituan relies on an asset-light strategy with third-party franchises [41][40] - Both companies are enhancing their infrastructure and operational efficiency to capture market share in the growing instant retail sector [44]

Core Insights - Aurora Mobile Limited has achieved SOC 2 Type II certification for its platforms EngageLab and GPTBots.ai, highlighting its commitment to data security and operational excellence [1][4][11] - SOC 2 Type II certification is a globally recognized standard that evaluates a company's controls over security, availability, processing integrity, confidentiality, and privacy [2] Company Overview - Founded in 2011, Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services [8] - The company has developed solutions like Cloud Messaging and Cloud Marketing to assist enterprises in achieving omnichannel customer reach and digital transformation [8] Product Details - EngageLab is an AI-powered omnichannel customer engagement solution that facilitates seamless interactions across various channels, delivering over 1 million messages per second globally [5] - GPTBots.ai is an enterprise AI agent platform designed to enhance customer experiences and streamline operations, offering end-to-end AI solutions for various business needs [6] Client and Partner Implications - The SOC 2 Type II certification enhances Aurora Mobile's reputation as a trusted technology partner, enabling clients to innovate and grow with confidence [4][11] - The certification supports clients' regulatory and business requirements, facilitating secure business expansion [11]