Structure Therapeutics Announces Initiation of Phase 1 Clinical Study of Oral Small Molecule Amylin Receptor Agonist ACCG-2671 for the Treatment of Obesity
Globenewswire· 2025-12-17 13:30
SAN FRANCISCO, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Structure Therapeutics Inc. (NASDAQ: GPCR), a clinical-stage global biopharmaceutical company developing novel oral small molecule therapeutics for metabolic diseases, with a focus on obesity, today announced that it has initiated a first-in-human Phase 1 clinical study of ACCG-2671, the company’s lead oral small molecule amylin receptor agonist for the treatment of obesity. ACCG-2671 was designed via the company’s next generation structure-based drug discove ...
Atos Strengthens Leadership in Data & AI in Spain as the Country Moves Towards AI at Scale
Globenewswire· 2025-12-17 13:24
Core Insights - Atos has strengthened its leadership in Data and AI solutions in Spain, transitioning from experimental phases to becoming a core element of business strategy and competitiveness [1][4] - The Penteo report highlights the importance of AI in driving efficiency, revenue, and cost reduction, with organizations prioritizing projects that yield measurable returns [2][3] Atos' Expertise and Approach - Atos manages the entire data and AI lifecycle, utilizing advanced analytics, machine learning, generative AI, and automation, supported by mature DataOps, MLOps, and DevOps practices [3][6] - The company offers a comprehensive approach that combines strategic consulting, technology platforms, data engineering, and applied AI, facilitating the transformation of isolated initiatives into scalable AI programs [6][10] Market Trends and Challenges - The rise of next-generation Data and AI integrators is identified as a key trend, influenced by hybrid and multicloud environments and the coexistence of various data models [5] - The Spanish market shows uneven maturity, with large organizations scaling up while midsize companies adopt AI for quick results, necessitating tailored solutions from Atos [9][10] Regulatory and Ethical Considerations - Digital sovereignty, security, and regulatory compliance are critical, driven by new European frameworks like the Data Act and AI Act, with companies seeking solutions that ensure data residency and ethical AI use [7][8] - Atos integrates data governance, cybersecurity, and AI ethics to provide customers with confidence in adopting advanced technologies while meeting regulatory obligations [8][11] Success Factors and Recent Initiatives - Lasting success in data and AI relies on the ability to industrialize, measure, and sustain value, with Atos positioned as a reliable technology partner [11] - Recent public sector projects in collaboration with the Community of Madrid and the Madrid City Council demonstrate Atos' commitment to improving citizen engagement and service efficiency through AI [12]
Progressive Reports November 2025 Results
Globenewswire· 2025-12-17 13:19
Core Insights - The Progressive Corporation reported a significant increase in net premiums written and earned for November 2025, with net premiums written at $6,193 million, up 11% from $5,563 million in November 2024, and net premiums earned at $6,894 million, up 14% from $6,040 million [1] - Despite the growth in premiums, net income decreased by 5% to $958 million from $1,006 million in the previous year, and earnings per share available to common shareholders also fell by 5% to $1.63 from $1.71 [1] - The company experienced a substantial decline in total pretax net realized gains on securities, which dropped 82% to $32 million from $175 million [1] - The combined ratio increased to 87.1 from 85.6, indicating a slight deterioration in underwriting performance [1] Premiums and Policies - The total number of policies in force increased by 11% year-over-year, reaching 38,414 thousand compared to 34,739 thousand in November 2024 [1] - In personal lines, the agency auto policies rose by 10% to 10,713 thousand, while direct auto policies increased by 14% to 15,856 thousand [1] - Special lines and property policies also saw growth, with special lines up 7% to 6,992 thousand and property policies up 4% to 3,657 thousand [1] - Commercial lines experienced a 5% increase, with policies in force reaching 1,196 thousand [1]
Myseum Debuts ‘Picture Party by Myseum’ Social Media Platform with iOS Beta Launch
Globenewswire· 2025-12-17 13:18
Core Viewpoint - Myseum, Inc. has launched Picture Party, a new instant social networking platform aimed at enhancing privacy, content control, and user engagement in sharing photos and videos [1][6]. Product Overview - Picture Party is designed to provide a more controlled and enjoyable way to share media, addressing privacy and ownership issues not sufficiently covered by existing social media platforms [1][3]. - The platform allows users to create private, encrypted spaces for sharing photos and videos, ensuring that only invited guests can view the content [5][8]. Features and Functionality - Users can create unlimited Picture Parties, invite participants via text, QR code, or in-app invites, and launch events in under a minute [8]. - The platform includes features such as live feeds, organized albums, and the ability to comment and react to posts, making it more interactive than traditional group chats [3][4]. - Picture Party eliminates common frustrations associated with photo sharing at events, allowing for instant sharing without the need to chase down individual copies [4][7]. Privacy and Security - All media shared within Picture Parties is private and encrypted, with users having control over who can save pictures and invite others [5][6]. - The technology behind Picture Party is supported by a newly granted U.S. patent, which is a significant aspect of Myseum's intellectual property strategy [6][9]. Market Positioning - Myseum aims to fill a gap in the social media landscape by addressing user concerns about privacy and content control, positioning Picture Party as a new category of private social interaction [6][11]. - Following the initial launch on iOS, Myseum plans to expand Picture Party to Android devices, enhancing accessibility and user adoption [9].
Shandong's Linqu County Elevates Foie Gras Industry to Global Prominence
Globenewswire· 2025-12-17 13:07
Core Insights - The French Foie Gras and Poultry Association (CIFOG) and the French Livestock and Meat Industry Association conducted a field investigation in Linqu County, Weifang City, focusing on various aspects of the goose industry, including breeding, production, processing, and export systems [1][2]. Industry Overview - The Landes goose, originating from southwestern France, has developed an industrial cluster in East China with an annual output value of 8 billion yuan [2]. - Linqu County has established a "company + cooperative + base + farmer" development model, leading to over 90% of its goose industry entities achieving modernized management and operation [3]. - The county has built a fully integrated industrial chain over four decades, covering breeding, farming, fattening, processing, and sales, with an annual foie gras output exceeding 5,000 metric tons [3]. Market Expansion - Linqu foie gras not only supplies major cities in China but is also exported to international markets, including Japan and the EU, showcasing the successful global expansion of a local specialty industry [4].
KULR Technology Group Enters Joint Development Collaboration for $100M AI Server Rack Battery Backup Unit Opportunity
Globenewswire· 2025-12-17 13:05
Core Insights - KULR Technology Group has entered a Joint Development Collaboration with a leading global battery-cell manufacturer to co-develop a next-generation KULR ONE® MAX Battery Backup Unit (BBU) product line aimed at AI-scale data centers and high-power compute environments [1][2] Group 1: Collaboration and Product Development - The collaboration will focus on designing, developing, and certifying a state-of-the-art BBU architecture based on a new ultra-high-power 21700 cell platform [2][4] - KULR will lead the safety engineering and UL certification processes, while the partner will provide cell-level integration and technical resources [4][5] - The joint development is projected to have a commercial program value of up to $100 million [2] Group 2: Market Position and Demand - KULR aims to enhance its strategic position in the AI data-center energy market, addressing the growing global demand for safe, certifiable, high-power lithium-ion backup systems [3][6] - The BBU system will be optimized for ultra-high-current and high-power AI server workloads, reflecting the increasing compute density and energy intensity in the industry [4][3] Group 3: Long-Term Supply Commitment - The joint-development partner has committed to supplying ultra-high-power 21700 cells for the BBU product line throughout the program's lifetime, ensuring KULR has predictable and scalable access to high-performance cells [5]
Eldorado Gold Purchases Additional Shares in Amex Exploration
Globenewswire· 2025-12-17 13:05
Core Viewpoint - Eldorado Gold Corporation has acquired an additional 14,868,200 common shares of Amex Exploration Inc. for a total consideration of C$59,472,800, increasing its ownership stake significantly in Amex [1][2]. Group 1: Share Acquisition Details - The acquisition price per share was C$4.00, resulting in a total investment of C$59,472,800 [1]. - Prior to the acquisition, Eldorado owned 23,758,130 shares and 207,000 warrants, representing approximately 16.77% of Amex's outstanding shares on a non-diluted basis [2]. - After the acquisition, Eldorado's ownership increased to 38,626,330 shares and 207,000 warrants, representing approximately 27.27% of the outstanding shares on a non-diluted basis [2]. Group 2: Investment Intentions - The acquisition was made for investment purposes in response to an unsolicited opportunity to increase its stake in Amex [3]. - Eldorado has no current plans that would lead to significant changes in Amex's operations or management [3]. - The company may consider increasing or decreasing its ownership in Amex's securities in the future, depending on market conditions [3]. Group 3: Regulatory Compliance - Eldorado relied on the "private agreement exemption" under National Instrument 62-104 for the acquisition, as the purchase was made from less than five persons and was not offered to all shareholders [4]. - The consideration paid was not greater than 115% of the market price of the shares at the time of the private agreement [4]. - An early warning report will be filed in compliance with NI 62-104, providing additional information regarding the acquisition [5]. Group 4: Company Background - Eldorado Gold is a producer of gold and base metals with operations in Türkiye, Canada, and Greece, and is known for its high-quality assets and responsible operations [7].
Asia Broadband Corporate Update and Projects Status Scheduled For January 2026 and AABB Shareholders Merry Christmas
Globenewswire· 2025-12-17 13:00
LAS VEGAS, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is set to release a corporate update in January 2026. After the holiday period and the New Year’s operations have provided clarity going forward, the Company will release a corporate update outlining the current status, timelines and expectations of all AABB’s mining and digital/cryptocurrency projects for 2026. “We are excited to continue our journey in the New Year ...
Meritage Homes Fourth Quarter 2025 Earnings Conference Call and Webcast Scheduled for January 29, 2026
Globenewswire· 2025-12-17 13:00
SCOTTSDALE, Ariz., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's fourth quarter 2025 results on Wednesday, January 28, 2026 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Mountain Standard Time (10:00 a.m. Eastern Standard Time) on Thursday, January 29, 2026. To participate in the conference call, please go to Meritage’s Investor Relations page to ...
Locafy Reports Continued Commercial Growth as Localizer Adoption and Partner Results Build into CY 2026
Globenewswire· 2025-12-17 13:00
An approximately $24,000 net increase in monthly subscription sales to date since November 2025Localizer adoption expands to 145 independent State Farm agencies, with additional sales growth outside State Farm agentsPartner campaigns are also now delivering measurable results in the home services sector, driving further sales growth PERTH, Australia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a global software-as-a-service technology company specializ ...