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BEIJING, CHINA – Media OutReach Newswire – 27 August 2024 – On August 21, the highly anticipated World Robot Conference 2024 (WRC 2024) grandly opened at the Beijing Etrong International Exhibition & Convention Center, once again drawing global attention to the Beijing Economic-Technological Development Area (Beijing E-Town). As the main hub for high-end industries in the capital, Beijing E-Town has fully utilized the platform of WRC to […]

Nakheel, the Dubai-based real estate developer, has awarded a significant contract worth AED 810 million (approximately $220 million) for the marine works of its ambitious Palm Jebel Ali project. This major development marks a substantial step in expanding one of Dubai’s iconic artificial islands. The contract has been granted to Jan De Nul Dredging, a leading company in dredging and land reclamation. The project will involve extensive […]

Dubai-based Web3 streaming platform Myco has raised $10 million in the first closing of its Series A funding round, pushing its post-money valuation to $80 million. This influx of capital will fuel Myco’s expansion plans and migration to blockchain technology, particularly its partnership with the Aptos Foundation to migrate the platform’s wallet infrastructure and re-launch its native utility token on the Aptos Blockchain by Q4 2024. The […]

Qatar National Bank (QNB) and Ooredoo have joined forces to introduce exclusive packages tailored for QNB First members. This collaboration, starting from August 25, 2024, and extending through December 31, 2025, aims to offer a range of enhanced services and benefits, blending financial and telecommunications perks. The partnership is designed to enhance the value proposition for QNB First members by integrating Ooredoo’s telecommunications services with the bank’s […]

By Nantoo Banerjee Union Finance Minister Nirmala Sitharaman’s advice to government-controlled banks to launch special drives to step up deposit mobilization to catch up with the demand for loans may give a wrong impression that the public sector bank (PSB) management does not know the basic principles of banking. How can a PSB mobilise enough […]

Lionel Messi will not participate in Argentina’s forthcoming 2026 World Cup qualifiers against Chile and Colombia due to an injury, according to the Argentine Football Association. Coach Lionel Scaloni has made the decision to call up Paulo Dybala as Messi’s replacement. Messi’s absence marks a significant setback for Argentina, who will face crucial matches in their bid to secure a spot in the next World Cup. The […]

Trend Micro’s mid-year roundup report highlights resilience of threat actors HONG KONG SAR – Media OutReach Newswire – 27 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today warned that threat actors have bounced back from recent law enforcement efforts to unleash a new wave of attacks leveraging AI and other techniques. Read the report “Pushing the Outer Limits: Trend Micro […]

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The UAE is carefully observing the legal proceedings involving Pavel Durov, the founder of Telegram, as the case unfolds in multiple jurisdictions. This heightened interest is driven by Durov’s influential role in the tech industry and Telegram’s significant presence in the UAE’s digital landscape. Durov, a prominent entrepreneur known for his stance on privacy and digital freedom, faces legal challenges concerning the operations of Telegram. The scrutiny […]

Dubai’s FIX Dessert Chocolatier is experiencing unprecedented global attention, thanks to a viral social media phenomenon. The luxury chocolatier’s chunky chocolate bars have captivated audiences worldwide, highlighting the profound impact of digital platforms, the allure of exclusivity, and the appeal of regional flavors. The meteoric rise of FIX Dessert Chocolatier’s products can be traced back to their strategic use of social media to create buzz around their […]

Volkswagen is set to revolutionize in-car entertainment with the introduction of AirConsole, an innovative platform that will bring multiplayer gaming to selected vehicles and electric models. This integration marks a significant leap in enhancing the driving experience, offering a range of interactive games directly through the car’s infotainment system.

AirConsole’s technology enables passengers to play games using their smartphones as controllers while the car’s display functions as the gaming screen. This development will first appear in Volkswagen’s latest electric vehicles and select car models, allowing users to enjoy a variety of multiplayer games during their journeys. The integration aims to provide a novel entertainment option for passengers, making travel time more enjoyable.

The partnership with AirConsole is part of Volkswagen’s broader strategy to incorporate advanced digital features into their vehicles. By combining AirConsole’s gaming capabilities with their infotainment systems, Volkswagen is responding to increasing consumer demand for innovative in-car entertainment solutions. This move aligns with the growing trend of integrating digital technologies to enhance user experiences in automotive environments.

Volkswagen’s latest models will feature an updated infotainment system that supports AirConsole’s platform. This will include a selection of multiplayer games that can be accessed without needing additional hardware, simplifying the gaming experience. The rollout is expected to start with high-end models before expanding to a wider range of vehicles.

The AirConsole integration is anticipated to appeal particularly to families and groups, offering a new way to engage during trips. With options for various genres and gameplay styles, the platform aims to cater to diverse preferences, making long journeys or daily commutes more entertaining. This development not only enhances the appeal of Volkswagen’s vehicles but also positions the company at the forefront of automotive innovation in entertainment.

Volkswagen’s decision to integrate multiplayer gaming reflects broader industry trends towards digitalization and personalization in vehicles. As automakers increasingly focus on providing more than just transportation, features like in-car gaming represent a growing sector of the market that blends technology with user experience. This trend is part of a larger movement towards creating connected and smart vehicles that offer more functionality and engagement for users.

With the integration of AirConsole, Volkswagen is set to offer a unique value proposition that distinguishes it from competitors in the automotive market. By providing a built-in gaming solution, the company aims to attract tech-savvy consumers looking for innovative features in their vehicles. The move also highlights Volkswagen’s commitment to enhancing customer satisfaction through advanced technology and entertainment options.

As Volkswagen prepares to roll out this new feature, the automotive industry will be watching closely to see how it influences consumer preferences and expectations. The success of this integration could pave the way for further advancements in in-car entertainment and connectivity, setting a precedent for future innovations in the sector.

    By Sushil Kutty   So India is a “big country” with a “big influence” on the Russian economy and Ukrainian President Volodymyr Zelenskiy wants India and Indians to “change their attitude” towards Russia. For then, there will be peace as Russian President Vladimir Putin will then end the war. Apparently, Zelenskiy doesn’t like Modi’s […]

BEIJING, CHINA – Media OutReach Newswire – 26 August 2024 – The first comprehensive robot exhibition center in Beijing, “Robot World,” has established a permanent exhibition hall. The National Robot Testing and Evaluation Center (Headquarters) Beijing Evaluation Center provides authoritative domestic and world-class testing and certification services. The Beijing Embodied Intelligence Robot Innovation Center focuses on solving common industry challenges in the development of key embodied intelligence […]

BEIJING, CHINA – Media OutReach Newswire – 26 August 2024 – After achieving the world’s first humanoid running with a full-sized pure electric humanoid robot, “Tiangong” has demonstrated new skills. Walker S Lite has started its training in automotive smart factories, and the world’s first orthopedic surgical robot equipped with AI deep learning technology has been unveiled. Soft robots have also broken through industrial application bottlenecks. On […]

Presenting Sun Life Pavilion: “Sun Life Believes Art Can Forge a Brighter Tomorrow” HONG KONG SAR – Media OutReach Newswire – 26 August 2024 – Sun Life is proud to announce title sponsorship of ART021 HONG KONG Contemporary Art Fair, marking the highly anticipated debut of this prestigious art fair in Hong Kong, following its acclaimed successes in mainland China with over 20 international-grade art fairs hosted […]

  By P. Sreekumaran THIRUVANTHAPURAM: The release of the Hema Committee report on the problems plaguing the Malayalam film industry has exposed its ugly underbelly. It is a gory tale of sexual exploitation, illegal bans, discrimination, drug and alcohol abuse , wage disparity and in many cases inhuman working conditions. Details of the report first. The […]

Emirates Global Aluminium (EGA), one of the world’s largest aluminium producers, has announced plans to acquire an 80% stake in the American aluminium recycling company, Spectro Alloys Corporation. This strategic move, subject to regulatory approval, marks a significant step in EGA’s global expansion, particularly in the aluminium recycling sector. The deal, which is expected to close during the third quarter of 2024, underscores EGA’s commitment to growing […]

BlackRock, a leading global asset management firm, has announced a strategic partnership with Saudi Arabia to enhance the kingdom’s property finance sector. This collaboration aims to create a robust real estate finance framework, supporting both residential and commercial property development across the country. The agreement was formalized through BlackRock’s dedicated real estate investment team, which will work closely with Saudi entities to leverage their expertise and capital […]

A groundbreaking joint venture between Marlan Space, a subsidiary of International Holding Company (IHC), and U.S.-based Loft Orbital marks a significant milestone for the United Arab Emirates’ burgeoning space sector. This new venture, named Orbitworks, is set to become the first private space infrastructure company in the Middle East, focusing on the production of commercial low Earth orbit (LEO) satellite constellations.

With an initial investment exceeding $100 million, Orbitworks plans to construct a state-of-the-art facility in the UAE, where up to 50 satellites weighing 500 kilograms each will be produced annually. The facility, expected to begin operations by early 2025, will leverage advanced hardware and software technologies to meet the growing demand for satellite-based services in telecommunications, Earth observation, and scientific research.

Loft Orbital, established in 2017 and known for its rapid and reliable deployment of payloads into space, brings substantial expertise to the partnership. The company’s CEO, Pierre-Damien Vaujour, emphasized the importance of this collaboration in advancing the UAE’s space ambitions. He noted that Loft Orbital is excited to support the UAE’s vision of becoming a global space powerhouse.

The collaboration also includes partnerships with local technology providers and component manufacturers, ensuring that the UAE’s ecosystem is deeply integrated into the project. Orbitworks aims to bolster the UAE’s AI capabilities by offering a straightforward path for AI companies to deploy their applications into orbit.

This joint venture is poised to play a pivotal role in the UAE’s strategy to become a leader in the global space industry. The first satellite from this venture is anticipated to be launched as early as the first quarter of 2026, reflecting the rapid progress of this ambitious project.

SINGAPORE – Media OutReach Newswire – 26 August 2024 – CDNetworks, the APAC-leading network to deliver edge as a service, proudly announces the launch of its new edge computing product, Edge Application. This platform is designed to empower online businesses across industries with greater agility and efficiency. By deploying business applications directly at the edge networks, Edge Application is set to empowering scenarios like Origin Off-Loading, Web […]

  By Anjan Roy   The US Federal Reserve chairman, Jerome Powell, has given a clear message from Jackson Hole, Wyoming, that the American central bank is all set to enter a rate reversal cycle. The Federal Reserve at long last would usher in a regime of lower policy rates.   This was picked up […]

Climate change is exacerbating income inequality worldwide, with low-income households bearing the brunt of its impacts, according to a comprehensive study analyzing climate shocks across various countries. The research, conducted using a Vector Autoregression (VAR) model, highlights the unequal distribution of climate-related economic effects, particularly in hot, low-income countries with significant agricultural sectors. The study’s findings underscore that climate shocks, such as extreme weather events, are not […]

Seafood and processing equipment and service companies from 46 countries have confirmed their presence. The Expo provides seafood professionals with a platform to discover new products and innovations, identify new opportunities and markets, keep up to date with market trends and build relationships with new suppliers and partners. SINGAPORE – Media OutReach Newswire – 22 August 2024 – Seafood Expo Asia, organized by Diversified Communications, taking place […]

MOSCOW, RUSSIA – Media OutReach Newswire – 23 August 2024 – The National Rating Agency (NRA) has awarded its highest ESG rating, AAA.esg, to SIBUR, Russia’s largest producer of polymers and rubber, making it the first company in the country, including non-industrial companies, to earn this distinction. The AAA.esg rating indicates that SIBUR has fully integrated sustainability into its operations and excels in terms of its compliance […]

Declared an interim dividend of HK1.5 cents per share Highlights: Revenue generated by RMAA works increased by approximately 11.2% Gross profit increased by 25.0% to approximately HK$188.1 million. Gross profit margin increased by 1.5 p.p. to approximately 6.8%. Basic earnings per share was HK7.17 cents. The Board resolved to declare the payment of interim dividend of HK1.5 cents per share. Financial Highlights: For the 6 months ended […]

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